Trail Shoes Market Overview Growth, Industry Status and Forecast 2020-2030

Trail shoes are footwear intended for off-road journeys that include several design elements. Trail shoes involve walking or running on a different terrain in an outdoor environment, reaping the benefits of the geographical features that each region offers (usually deserts, mountains, forests, etc.).

Trail shoes are designed specifically for trail jogging. These shoes protect trail runners from injury and weariness when running. Trail running differs from road running in a few ways. The next requirement for adopting this trail shoe specialisation into any shoe profile is layering. Trail shoes’ tops are made up of a sophisticated mix of overlay materials that create asymmetric shapes and patterns that stand out against the attractively shaped and trendy norms.

Therefore the trail shoes are built with holes, natural hazards, rough terrain and other environmental obstacles in mind; they have thicker soles, broader and deeper feet, and thicker and heavier uppers (the whole shoe above the sole). Trail shoes are recommended to runners on unpaved, rocky paths.

The pavement, track, or wood chipped trail runs do not require trail shoes. Owing to these features, it is anticipated to boost the growth of trail shoes market is over the forecast period.

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Increasing Popularity of Trail Running to Drive the Trail Shoes Market

Trail running combines a wide outdoor experience with the ancient tradition of long distance running as it gains popularity. Trail running is a sport that is becoming increasingly popular. It is a combination of stamina and meticulous footwork that brings runners deep into nature.

The growing popularity of leisure activities and outdoor sports has helped people avoid urban congestion.

Trail running offers a rare link to nature that is difficult to achieve when surrounded by the town’s peripheral noises. Additionally, over the last two decades, interest over trail running has increased significantly.

In addition, demand for trail running shoes has risen due to increased women’s participation in trail running. Growing female participation in trail running is also driving the demand for trail shoes.

Women’s participation in trail running boosted over all distances to 23 % in 2018. Due to increased safety issues during off-road running, demand for shoes built for trail running has been growing considerably. Increasing popularity of trail running activities is also expected over the forecast period to drive growth in the global trail shoes market.

Growing Popularity of Trail Running Events is Boosting the Sales of Trail shoes Market

There’s growing interest in multi-day and festival-based trail running activities on the front of the competition. These activities foresee capturing the broader significance of trail running in the region while also offering experiences in more environment-type destinations.

Ragnar Relay’s event is drawn to trail running as participants crave a new challenge and are constantly replacing road activities with trail running races. , Ragnar hosts 19 weekend long activities throughout the U.S. (Florida, Snowmass, Tahoe, Cascades) in must-visit locations. With more than 35,000 active participants yearly, Ragnar Trail events allows brand to establish multi-platform marketing programs nationally throughout the year.

Trail running event Ultra-Trail du Mont-Blanc (UTMB) also promotes demand development for the trail shoes. The total number of registered UTMB ® participants was 25,678 which is almost 4000 more applicants than in 2018.

The American Trail Running Association (ATRA) has web-only event calendar for the largest trail race. This also provides memberships from groups, clubs, races and corporates. Growing demand for trail running shoes between participants is expected to drive the market in the near future to ensure safety and reduce the chances of accidents and fatigue.

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Global Trail shoes: Key Players

Some of the market participants operating in the global trail shoes market are

  • Adidas AG,
  • Nike Inc.,
  • Skechers U.S.A, Inc.,
  • Asics Group,
  • Deckers Outdoor Corporation,
  • VF Corporation,
  • Brooks Sports
  • New Balance Athletics
  • Wolverine World Wide Inc.,
  • Montrail,
  • Salomon
  • Inov8

Increasing Opportunities for Trail shoes Manufacturers to Focus on Innovations across a Broad Product Spectrum

As the athletes are continually setting new expectations for trail running, and there is a significant amount of focus on how people create their kits. Concentrating on lightweight, affordable and safe choices, people are investing in high-quality, durable equipment and also concentrating on women-specific design as well. Storage and packaging are essential attributes of the product, too.

The manufacturers are based on the continued development of light and fast gear and also to provide with customizable footwear. Advances in rough and lightweight toughness, as well as flexibility in trail footwear grip and traction to create a strong footwear structure. Greater use of recycled materials and environmentally friendly production methods to produce high quality goods.

Countries including China, India amongst the others, making spaces for the local manufacturers to produce trail shoes, as there has been growing number of races and participants. There has been significant increase in the trail running events, hence promoting the use of trail shoes.

The trend of trail running is supported by a boom in marathon running. However, this is creating great opportunities for the new entrants to compete in the domestic as well as in the global trail shoes market.

The study is a source of reliable data on

  • Trail shoes market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers

  • North America
  • Latin America
  • Europe
  • East Asia Pacific
  • South Asia
  • Oceania
  • Middle East and Africa

The trail shoes market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Trail shoes market report projects the attractiveness of each major segment over the forecast period.

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Oat Drinks Market – Latest Scenario On Innovation, Revolutionary Opportunities & Top Consumers 2031

Future Market Insights (FMI) in a new study has forecast oat milk market’s valuation to reach US$ 435.4 Mn by the end of 2021. Rising focus on sustainable diets that are adequate nutritionally, economically viable, environmentally sound, and socially & culturally accepted has been creating growth opportunities. Currently there is a consistent rise in the demand for plant based dairy alternatives. With the increasing awareness regarding healthy living, an increasing number of consumers have been turning to oat drinks.

Nowadays consumers expect safe and nourishing on-the-go beverages. Increasing prevalence of lactose intolerance has been causing shift to dairy alternatives. Oat drinks contribute to healthy eating habits and provide more nutritional value, including vitamins, minerals, and healthy fats. Many health conscious individuals, opting for restrictive diets and flexitarian diets, have been preferring oat drinks.

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Oat drinks is beneficial as it carries vitamin D, protein, fiber, calcium. As a result of its nutritional values, oat drinks offers a variety of health benefits, such as reducing cholesterol, boosting immunity, strengthening bone and preventing anemia. FMI has predicted the unflavored or natural segment to hold the lion’s share. However, in the coming years the demand for flavored oat drinks too is expected to rise.

Key Takeaways from the Oat Drinks Market Study

  • The global oat drinks market is forecast to rise at nearly 8% CAGR between 2021 and 2031
  • In North America, the U.S. will emerge as the leading market accounting for nearly 90% of regional sales in 2021
  • The U.K. will emerge as a highly lucrative market, exhibiting nearly 8% Y-o-Y growth in 2021
  • France and Germany will remain bright spots for oat drinks sales in Europe
  • Australia, Japan, and   Korea will continue exhibiting impressive growth at oat drinks market in Asia Pacific

Key Segments

Product Type

  • Regular/Full Fat
  • Reduced Fat

Flavour

  • Natural/Unflavoured
  • Flavoured
    • Vanilla
    • Chocolate
    • Coffee
    • Mocha
    • Mint
    • Fruit-flavoured
    • Other Flavours

End Use Application

  • Food Services
    • Cafes
    • Quick-service Restaurants
    • Full-service Restaurants
  • Retail Services
    • Hypermarkets/Supermarkets
    • Convenience Store
    • Mass Grocery Retailers
    • Food & Drink Specialty Store
    • Online Retailing

Nature

  • Organic
  • Conventional

Format

  • Shelf-Stable
  • Refrigerated

New Product Launches to Fuel Oats Drinks Demand

Looking at the consumers shift towards, manufacturers are engaging in the launch of a wide variety of oat drinks products that have the certification of non-GMO from the regulatory bodies. Lower Packaging Cost, shelf life are some benefits of using flexible and convenient packaging. For Instance:

  • Cereal Base Ceba AB (Oatly), manufactures a range of products including oat drinks, oat yogurts and many others. The company also focuses on strategic collaboration with big giants.
  • In July 2020, Swedish Oat-milk maker Oatly AB received US$200 Mn investment from Blackstone-Led Group.
  • In 2020, Elmhurst Milked Direct LLC has launched new lines in latte drinks and smoothies mixes. This line includes oat latte with two new flavours- cacao oat milk and flash brew oat milk plus two tea flavours- matcha oat milk and golden oat milk.

Who is winning?

A few of the leading players in the Oat Drinks market are Cereal Base Ceba AB, Pacific Foods of Oregon LLC, Elmhurst Milked Direct LLC, Danone S.A., Lima Food SRL, Oatworks, The Hain Celestial Inc., Abafoods s.r.l., Kaslink Foods Oy, Rude Health, Valsoia S.p.A., Earth’s Own Food Company.

Manufacturers are trying to gain customers attention by attractive packaging with creatively crafted and differentiate their beverage from the rest. For instance, Kaslink Aito Foods sells its oat-based goods in recyclable and eco-friendly cartons and advertises this revolutionary packaging it has introduced along with the company to maximize the effect on its customer base. It adds a sustainable business dimension, and adds to its established customer base nature-loving customers. It, in effect, helps to expand the business and improves the oat drinks sales.

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Get Valuable Insights into oat Drinks market 

Future Market Insights, in its new offering, provides an unbiased analysis of the oat drinks Market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the oat drinks market based on Product Type (regular/full fat and reduced fat), By Flavour (natural/unflavoured oat drinks & flavoured oat drinks), By End Use Application (Food Services and Retail Sales) and By Nature (Organic and Conventional), By Format (Shelf-Stabled and Refrigerated) across seven major regions.

Key Questions Answered in the Report

Q1. Which is the most lucrative market for oat drinks globally?

Q2. Which is the top-selling type of oat drinks?

Q3. Which end use application account for maximum oat drinks sales?

Q5. Which are some of the leading companies offering oat drinks

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Linseed Oil Market Size, Share Production & Consumption Analysis With Forecast To 2032

The global linseed oil market is estimated at USD 7.6 Bn in 2022 and is projected to reach USD 13.5 Bn by 2032, at a CAGR of 5.9% from 2022 to 2032. The linseed oil market is expected to acquire ~3% of the overall oilseeds market by 2022 end.

In ancient Egypt, the flax plant was cultivated by the ancient Egyptians to produce linen out of the lignan abundantly present in the plant stem, which was used to wrap mummies. Linseed oil is extracted from the seeds of the flax seed using the extraction or pressing method. For thousands of years, linseed has been consumed as a food and also used as a remedial medicine. According to a new study by Future Market Insights, consumer demand for linseed oil Market is anticipated to experience a meteoric rise, aided by the high content of the omega-3 fatty acids, among the health conscious populace, globally.

Linseed oil, often termed as flaxseed oil, is derived from the ripened, dried seeds of the flax plant belonging to the Linum family. Linseed oil generally tends to be colorless to yellowish in color. The flax plant is one of the oldest plants on Earth, and has been cultivated even by ancient civilizations. The flax plant and linseed oil have been benefiting many generations of humans as well as animals, be it in the production of linen, ropes from the stem, or providing health benefits with medicinal properties.

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Global Linseed oil Market: Segmentation

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Raw Linseed Oil
  • Boiled Linseed Oil
  • Double-boiled Linseed Oil
  • Others

By Application:

  • Dietary Food
  • Pharmaceuticals
  • Paint & Textile Industry
  • Leather Industry
  • Animal Feed
  • Personal Care
  • Processed Food
  • Others

By Distribution Channel:

  • Online Retailers
  • Grocery Stores
  • Wholesalers
  • Supermarkets

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Japan
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa

Linseed Oil Market Share Shifting from Industrial Use to Dietary Supplements

Up until World War II, the utilization of linseed oil was dominantly occupied by protective coating and other allied manufactured products such as linoleum, patent leather, oil clothing, etc. With extensive research and development, various alternatives are replacing the use of linseed oil in paints and varnishes. For example, the development of vinyl floor coverings replacing linoleum, latex interior paints replacing linseed oil in paint, cotton cloth replacing linen. However, with the advent of research and many technological developments, linseed oil has emerged as a dietary supplement, owing to the presence of omega-3 fatty acids, a polyunsaturated fatty acid.

These fatty acids are beneficial in various ways, such as improving heart health, treating constipation and diarrhea, helping in weight management, reducing inflammation, rheumatoid arthritis treatment, and cancer treatment. With the increasing prevalence of chronic diseases all over the world, dietary supplements are experiencing a tremendous rise in demand, supporting an increase in global linseed oil demand. The global market for linseed oil is expected to gain significant momentum, and register a growth of 5.5% in terms of value between 2018 and 2027.

Surge of Linseed Oil in the Cosmetic Industry Bolstering Global Demand

The need for good looks to create a good impression has led to humongous growth in the cosmetic industry in recent times. European and Asian countries such as South Korea, Japan, China, Germany, and Switzerland have seen an enormous boom in the cosmetic industry. Linseed oil is used in moisturizers, creams, and skin and hair products as a source of an omega-3 fatty acid. According to FMI analysts, the global demand for linseed oil in the cosmetic industry is likely to boost the overall demand for linseed oil.

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Organically Produced Linseed Oil to Attract the Millennial Generation

The use of chemicals for improved crop production yield has been confirmed to decrease the soil quality and overall productivity. Moreover, these chemicals enter into human body through consumed food. On the other hand, organically produced linseed oil crops tend to preserve the quality of the soil, and have an improved flavor and taste. Consumers are inclined to buy organic products that are marketed as supreme and premium quality products, even though they cost more as compared to conventionally produced linseed oil. Linseed oil manufacturers have successfully kept track of the current trend and consumer needs, and are turning away from using conventionally produced linseed oil.

Key Questions Answered in the Report

  • What is the demand for the linseed oil in the market?
  • At what rate is the global linseed oil market expected to grow?
  • How was the linseed oil market performing in the last few years?
  • How are market players reacting to the new developments in the linseed oil market?
  • How much share does the top 10 companies in the linseed oil market hold?
  • Which are the major countries driving demand for linseed oil?

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Rapeseed Oil Market Research Report- Opportunities & Challenges With Completely Different Segments, Forecast- 2027

Future Market Insights (FMI) brings key insights on the global rapeseed oil market in its forthcoming outlook titled, ‘Rapeseed Oil Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027‘. By value, the global rapeseed oil market is anticipated to register a CAGR of 3.7% over the forecast period, due to various factors, regarding which, FMI offers vital insights in detail.

Rapeseed oil is extracted from the oilseed rape plant by pressing out transparent and translucent liquids. Rapeseed oil is a yellow-golden or yellow-brownish oil, and has a certain stimulating aroma known as the green smell. The smell holds a certain amount of mustard glucoside. Rapeseed oil contains no cholesterol, so consumers having high cholesterol levels can be at ease.

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Rapeseed Oil – A Viable Option to Replace Olive Oil

From a formerly obscure inedible oil, to more than few billion dollars crop, addressed among the healthiest edible oils in the market today, the transition of rapeseed oil is truly spectacular. Recognized as an alternative to olive and other edible oils that is as healthy and equal in taste, but more versatile to cook with, rapeseed oil is gaining intrinsic popularity. Of all the edible oils made for human consumption and in the industry, rapeseed oil is among the top three. Carefully made, rapeseed oil is a rage in restaurants.

The cabbagey flavour that it provides means that there are no limits to its versatility. This versatility of rapeseed oil has resulted in an entire portfolio of rapeseed oil products, from its use as an ingredient in vegetables, baked goods, ready-to-eat meals, and in personal care and cosmetic products such as lotions, hair oil, and more, and also in biodiesels. Rapeseed oil is emerging to be a big business today. A sudden interest is being observed in rapeseed oil, and a meteoric rise is expected in the coming years.

In revenue terms, the global rapeseed oil market is accelerating at a rate of 3.7%, and reached a value of around US$ 27,600 Mn in 2017. The region generating the highest revenue for rapeseed oil is Europe, with a share of more than 40%, assisted by the higher prices of rapeseed oil as compared to other regions.

Rapeseed oil is extracted from rape oilseeds – scientific name is Brassica napus. The seeds are maintained at high temperatures, using solvents and chemicals for bleaching, degumming, and refining the product. The result obtained is a bare, neutral, though useful standard edible kitchen rapeseed oil.

Rapeseed oil is a fairly healthy product, with saturated fat less than in olive oil. It’s also high in various compounds such as omega-3 and omega-6. Rapeseed oil’s composition of fatty acids is nearest to human needs. It contains low saturated fatty acids and low erucic acid. Rapeseed oil also contains sterol, which is more than beneficial to the human body. The consumption of sterol helps in reducing cholesterol, and fighting cardiovascular diseases, physiological functions, and cancer. Rapeseed oil is also rich in vitamin E, iron, carotenoids, selenium, and other vital elements.

Market segmentation

Global Rapeseed Oil Market – By Nature

  • Organic
  • Conventional

 Global Rapeseed Oil Market – By End Use

  • Food Processing
  • Cosmetic and Personal Care Products
  • Biodiesel
  • Animal Feed
  • Households (Retail)

Global Rapeseed Oil Market – By Extraction Process

  • Solvent-Extracted
  • Cold-Pressed

 Global Rapeseed Oil Market – By Sales Channel

  • Direct Sales
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Retail Stores
  • Traditional Grocery Stores
  • Online Retailers

Unlike olive oil, rapeseed oil doesn’t turn toxic when preheated, whereas, a smoke point higher than that of olive oil makes it slightly more appropriate for cooking or deep-frying. In the last few years, there has been an outpouring in artisanal cold pressed rapeseed oils, which are commercialized much like the olive oils.

Production has risen from a few thousand tons in the last decade to a few million tons today, increasing manifold the last ten years. The cultivation of rapeseed oil not only has a very low impact on the environment, but the oil is enormously good for one’s health. More and more consumers are mindful of what they consume, which makes rapeseed oil popular.

Economic growth is one of the factors expected to continue advancing the average per capita oil consumption in many developing nations. Further, swelling demand from the biodiesel sector is projected to consume roughly 20 percent more than last year. Higher obligatory blending charges and the making of additional production units in several nations are driving growth in the biodiesel industry.

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The major producers of rapeseed oil are India, China, Canada, and the European Union. Much of the increase in the rapeseed oil market is expected to originate in Asia, with China being the most dominant player, with food and oleo chemical uses the main zones of growth.

This report of the rapeseed oil market includes the trends driving each segment, and provides analysis and insights of the potential of the rapeseed oil market in various regions. Latin America is expected to register a high growth rate between 2018 and 2027, and North America is expected to remain a fairly significant market for rapeseed oil through to 2027. According to market attractiveness, North America and Latin America are relatively more prominent regions in the rapeseed oil market. Some of the key players in the rapeseed oil market are Wilmar International Ltd., Oilio (Archer Daniels Midland), ViOil Group, Biona Organic, and Yorkshire Rapeseed Oil, among others.

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Almond Flour Market Research Report- Opportunities & Challenges With Completely Different Segments, Forecast- 2032

Newly released data from almond flour market analysis shows that global demand of the overall almond flour market is anticipated to grew at a Y-o-Y of 8.1% in 2021 to a total of USD 1,572.8 Mn.

One of the first in gluten-free flours category, almond flour is significantly used within the bakery sector. The report opines that bakery will remain the prime consumer of almond flour through 2028, whereas emerging application areas such as dietary supplements and cosmetics & personal care products would be presenting lucrative opportunities to market players. Greater emphasis of agriculture promotion groups on setting sustainable standards for the almond cultivation space is projected to be an important factor that would shape the market for almond flour in the near future.

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The demand for the organic flour segment increased by 8.0% between 2020 and 2021, giving the combined almond flour market year-over-year growth of 8.1% in 2021, according to the FMI’s report.

Key Takeaways – Almond Flour Market Report

  • Although gluten-free/non-traditional flours are yet to mainstream, they have been capturing a considerable shelf space at retail stores, since the recent past.
  • Almond flour will witness accelerating consumer preference in the following years, with momentous expansion of vegan and paleo diet trends.
  • Blanched almond flour remains preferred over natural or unblanched almond flour, particularly among bakery sector operators. This preference is attributed to the former’s superior texturizing properties.
  • Bakery sector, among all the industrial end users of almond flour, will continue to account for more than 50% share in the market.
  • The high-protein, low-carb profile of almond flour makes it a desirable ingredient for the manufacturers of dietary supplements.
  • High price point would remain a longstanding challenge to the growth of almond flour market.
  • Europe is projected to remain the significantly lucrative market for almond flour sales through 2028.

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Market Leaders Emphasizing Application-specific Almond Products

Blue Diamond Growers, Inc., the almond specialist, recently launched a few products to extend the company’s existing line-up. Some of the latest introduced products by the company include crackers made with almond flour and the refrigerated almond flour. While the former is successfully capturing retail shelves, the latter will witness spectacular sales owing to its higher shelf life. Eying the opportunities abound in consumer branded products, Blue Diamond Growers is innovating its almond flour offerings specifically for baking.

Besides Blue Diamond Growers, Inc., the report covers some of the globally leading almond flour manufacturers, including Bob’s Red Mill, and Almondco Australia Ltd. The market for almond flour remains a fairly consolidated competition landscape, as the top five players continue to contribute nearly 40% revenues to the market. Companies are focusing on brand positioning and promotions in the premium healthy ingredients category. Several brands are looking up to capitalize on the expanding conscientious as well as affluent consumer base across developing economies.

Segmentation:

By End User:

  • Household
  • Food and Beverage
  • Industrial
  • Cosmetics
  • Dietary Supplements
  • Others

By Form:

  • Blanched
  • Natural

By Nature:

  • Organic
  • Conventional

By Distribution Channel:

  • Direct
  • Indirect
    • Pharmacy Stores
    • E-retailers
    • Specialty stores
    • Supermarkets

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Key Questions Answered in the Report

  • How much is the current worth of the almond flour market?

Currently almond flour market is worth more than USD 1,572.8 Mn.

  • At what CAGR is the market expected to grow?

Almond flour consumption is expected to grow at a CAGR of around 8.3% during the period 2022-2032.

  • How was the performance in the last five years?

In terms of revenue, the almond flour market grew at a CAGR of around 7.1% during 2017-2021.

  • What is the demand outlook forecast for the extruded snacks market?

The global almond flour market was forecasted to surpass USD 3,536.9 Mn by the end of 2032.

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Matcha Market Boosting the Growth Worldwide: Market Dynamics and Trends, Efficiencies Forecast 2031

In a recent study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects a favorable demand outlook for the global matcha market during the forecast period 2021 to 2031. The global matcha sales are poised to total US$ 2.28 Bn in 2021, exhibiting a stellar 10.2% CAGR.

Increasing applications of matcha in diverse end-use sectors such as food and beverage, personal care, and foodservice are driving sales in the market. Apart from this, growing preference for non-alcoholic beverages among millennials is providing tailwinds to market sales.

Matcha is termed as a ‘superfood’ in the food industry as it is packed with vital nutrients and minerals. Loaded with antioxidants, vitamin A and C, and minerals such as potassium, calcium, and magnesium, matcha is becoming a frequently used product in households.

Health benefits derived from matcha are key factors propelling sales in the market. Matcha can potentially combat cholesterol, liver damage and improves the calorie-burning process, making it an ideal choice of beverage among weight watchers.

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In addition, matcha has anti-inflammatory properties that catechins that help in countering hormonal acne. This factor is driving applications of matcha in skincare and personal care products such as moisturizers, lotions, cleansers, and serums, further augmenting the market growth.

Growing consumers’ preference towards plant-based and clean ingredients in packaged food products such as snacks, ready-to-drink beverages, and desserts are encouraging product innovations in the matcha market.

As per FMI’s analysis, the U.S. is anticipated to emerge as a lucrative market. Rising demand for plant-based and organic products, coupled with presence of leading players in the country will augment market growth.

Key Takeaways:

  • Sales of culinary grade matcha are estimated to remain high through 2031, owing to increasing applications in food and beverages.
  • Organic match will emerge as the most preferred type.
  • Foodservice segment is anticipated to dominate the end-use segment, due to high demand for matcha-based dishes and beverages in restaurants and cafes.
  • Stand-up pouches will account for the maximum market share, due to convenient and easy storage features.
  • Indirect sales will hold maximum market share in terms of sales channel type.
  • The U.S. is anticipated to experience high demand in the matcha market, owing to growing consumer preference towards plant-based food products. As per the market survey, North America is expected to exhibit a positive 8.7% CAGR through 2031.
  • The U.K. will exhibit high demand for matcha-based products, due to increasing applications in personal care products and household consumption. FMI projects the European matcha market to grow at a healthy 9.4% CAGR.
  • Being one of the leading exporters of matcha tea, Japan will emerge as an attractive market, with innovative product developments and key players in the market.
  • South Korea is expected to account for 4.7% of the total market share.

Competitive Landscape

ITO EN Ltd., Tata Global Beverages Ltd., Starbucks Corporation, The Hain Celestial Group Inc., Unilever PLC, Aiya-Co. Ltd., The AOI Tea Company, McCormick & Company, Inc., Matchaah Holdings Inc., The Republic of Tea, Clearspring Ltd., Andrews & George Company Limited, Green Foods Corporation, Marukyu-Koyamaen Co. Ltd., and Foodchem International Corporation are some leading players profiled by FMI.

Leading players comprise ITO EN Ltd., Tata Global Beverages Ltd., Starbucks Corporation,  Unilever PLC, McCormick & Company, Inc., holding 15-20% of the total market share.

Key companies operating in the global matcha market are investing in acquisitions and collaborations to expand their product offerings in various regions. Apart from this, product innovations and launches will be prominent growth strategies among leading players through 2031. For instance:

  • In July 2021, Starbuck Coffee Company partnered with Caribbean Coffee Traders Limited (CCTL) to open its first store in the island of Barbados. The new coffeehouse opened at Haggatt Hall in St. Michael introduces customers to the Starbucks coffeehouse experience by offering a variety of aromas and locally sourced products with a signature Starbucks twist.
  • In October 2020, Canadian private equity firm Clearspring Capital Partners acquired a majority stake in Regal Confections, a Canadian distributor of global sweets and chocolate confectionery brands. The acquisition will potentially strengthen Regal’s product portfolio and aid the company’s growth.

Matcha Market by Category

By Grade Type: 

  • Ceremonial
  • Classic
  • Café
  • Culinary

By Nature Type:

  • Organic
  • Conventional

By End-Use Type:

  • Food Processing
  • Beverage Processing
  • Personal Care
  • Foodservice
    • Tea Shops/Café
    • Restaurants
  • Institutional
  • Household

By Packaging Type:

  • Bulk Bags
  • Cartons
  • Sachets
  • Stand Up Pouches
  • Tins

By Sales Channel Type:

  • Direct Sales
  • Indirect Sales
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Retailing

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • China
  • Japan
  • Southeast Asia and rest of Asia Pacific
  • Middle East & Africa

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Key Questions Answered in the Report

  • What is the current matcha market value?

The global matcha market is forecast to reach US$ 2.28 Bn in 2021.

  • At what rate did the matcha market grow between 2016 and 2020?

The global matcha market experienced healthy growth between 2016 and 2020, registering a positive 8.4% CAGR.

  • What are the key trends driving matcha sales?

Growing preference for non-alcoholic beverages among millennials, coupled with increasing applications of matcha in skincare and food & beverage industries are driving matcha sales.

  • What will be the matcha market share in Europe?

The European matcha market is poised to expand at an impressive 9.4% CAGR.

  • What is the current market share of South Korea in the global Matcha market?

South Korea is anticipated to hold 4.7% of the global matcha market share.

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Kombucha Market Share, Revenue, And Average Worth By Makers Shared In An Exceedingly Latest Analysis Report by 2032

The global kombucha market is estimated at USD 575.6 Mn in 2022 and is projected to reach USD 2,380.4 Mn by 2032, at a CAGR of 15.3% from 2022 to 2032. Globally, the market is estimated to create an absolute $ opportunity of about USD 1,804.8 Mn by 2032.

Beverage brands from across the globe are looking to capitalize on the kombucha boon. They are launching new kombucha-based drinks with bold claims of various health benefits. Success witnessed by kombucha brands is majorly steered by the rising consumer preference for functional drinks. It seems that the market has fewer hindrances except mixed clinical evidences on kombucha benefits.

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Be it as it may, the kombucha market has witnessed meteoric rise in popularity in developed markets in the last decade. Bolstered by the strength of health-focused marketing campaigns, the demand for kombucha is poised to surge as soon as economies move past the coronavirus crisis.

The FMI study delves deeper into the prevailing dynamics to offer interesting insights into the kombucha market. Some of these are:

  • Kombucha is available in a gamut of flavors, ranging from berries to herbs and spices. Growth witnessed in the herbs and spices segment is expected to rise at 18% over the forecast period.
  • North America and Europe are expected to remain the dominant markets for kombucha. Collaborations between popular kombucha brands and local restaurants and cafes will give significant impetus to the market across these regions.
  • Expansion of organic retail shops to bode well for the kombucha market. Flavored kombucha is often among the best-selling products in these stores.
  • Heightened focus on health and wellness among consumers due to COVID-19 outbreak will enable the market gain pace in the coming years.

Market segmentation

The global kombucha market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Flavour

  • Regular
  • Herbs & Spices
  • Citrus
  • Berries
  • Apple
  • Coconut & Mangoes
  • Flowers
  • Others

Sales Channel

  • Food and Drink Specialty Store
  • Hypermarket/Supermarket
  • Convenience Store
  • Online Retail

Packaging

  • Glass Bottles
  • Cans

Kombucha, Touted for its Many Health Benefits, to Witness Skyrocketing Sales

Success witnessed in the global kombucha market is majorly steered by the rising demand for healthier alternatives to carbonated drinks. The unprecedented outbreak of the novel coronavirus and easy access to information have rendered consumers more aware than ever before. As per data published by an AI powered food intelligence start-up Tastewise, the mention of “immunity” in food searches rose by an impressive 27% between February 2019 and March 2020. Kombucha is among the grocery items that has particularly witnessed uptick interest since the onset of COVID-19. The rising inclination towards the consumption of organic food entails growth prospects for the kombucha market.

Who is winning?

The kombucha market is a consolidated one, with 50% to 60% of its share belonging to a handful of companies. Although several aspiring manufacturers have mushroomed around the world, lion’s share of the market remains with top manufacturers, mostly belonging from the U.S. In order to make their presence felt, a majority of companies are focusing on advertising. Bold claims with regards to the health benefits of fermented tea and marketing their brands as miracle elixir are common strategies followed especially by local manufacturers to strengthen their foothold in the market. Other than this, leading brands are focusing on product launches and expansion to drive their sales.

  • For instance, Starbucks Corporation began offering kombucha under its brand Evolution Juice, starting 2018.
  • In 2018, RISE Kombucha ventured into expanding its market across the U.S.

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Frequently Asked Questions

  • What is the current worth of the kombucha market?
  • At what CAGR is the kombucha market expected to grow?
  • How was the kombucha market performing in the last few years?
  • How are market players reacting to the new developments in the kombucha market?
  • How much share does the top 10 companies in the kombucha market hold?
  • Which are the major countries driving demand for kombucha?

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Patchouli Oil Market – Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2028

The patchouli oil market, globally, is expected to grow at a CAGR of 2.8% in terms of revenue during the forecast years. Revenue obtained from the global patchouli oil market is projected to reach US$ 86.6 Mn by 2028.

Patchouli oil is extracted from the leaves of the patchouli plant. This extraction is carried out either by steam distillation or hydro distillation. There are two types of patchouli oil depending on the type of equipment used for the extraction procedure – light patchouli oil and dark patchouli oil.

With increased adoption in various end-use industries including cosmetics and personal care—specifically perfumery, aromatherapy, food processing, and pharmaceutical, demand for patchouli oil is projected to grow. However, the patchouli oil demand is anticipated to remain elastic as farmers in the Sumatra Region of Indonesia—largest producer of patchouli oil, are making a shift towards other crops owing to price volatility, thereby impacting the overall development of global patchouli market.

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However, to reverse such market dynamics associated with patchouli oil, global manufacturers are making notable investment to provide sustainable livelihood to Indonesian farmers of patchouli plants. Recently, Givaudan, in its initiative to develop a sustainable patchouli supply chain in Indonesia, is likely to set up patchouli distillation units in the region, along with training patchouli farmers and their families on efficient distillation and agricultural practices.

Joint partnerships between manufactures and farmers in anticipated to translate into good quality patchouli, in the coming years. According to a new research released by Future Market Insights (FMI), the market for patchouli oils in MEA and developing economies of APAC will record comparatively higher growth than in developed markets.

Patchouli Oil Market Structure Analysis

Produced in region pockets of Indonesia, India, China, Malaysia, and Taiwan, patchouli oil is mostly dominated by regional players including PT Mitra Ayu Adi Pratama, PT Aroma Essence Prima, Nusaroma PT, and Eastern Agencies Aromatics Pvt. Ltd, accounting for nearly 45-60 percent market share. However, the multinational players such as Ultra International B.V., Givaudan SA, Takasago International Co., Firmenich SA, and PT Indesso Aroma, having a comparatively larger share in the patchouli oil market than the regional players, hold nearly 20-35 percent market share. Regional players rely on joint partnerships with multinational companies to reach a larger market.

FMI anticipates potential investment opportunities for new players, considering increasing demand for essential oils across several end-use industries, specifically the global fragrance and cosmetics industry in MEA. In addition,

  • Latin America and Eastern Europe are projected to represent notably low demand for patchouli oil, considering the dormant cosmetics and essential oils market in the regions.
  • Demand for patchouli oil in MEA is likely to surpass demand in North America and Western Europe, owing to growing demand for clean label and organic products,
  • Owing to robust distribution networks, demand for patchouli oil in North America and Western Europe is expected to remain promising.

Consumers Demand ‘Clean Labels’ and ‘Purity Certifications’

Paradigm shift towards more organic and natural ingredients in the goods coupled with good manufacturing practices, is estimated to increase the demand for natural and organic patchouli oils in the global market. Moreover, as demand grows for minimally processed, plant derived essential oils such as the patchouli oil offers all-natural alternatives to synthetic food additives and preservatives as effective antimicrobial agents. Manufacturers, on the other hand, could experiment with the average pricing of good containing naturally-obtained patchouli oil. Looking ahead, natural and organic skin care products will be also be boosted by demands for clean label products.

Increasing demand for ‘eco-perfumes’ that no longer have animal notes, are also contributing to the sales of patchouli oil in the global market. Manufacturers are increasingly replacing synthetic perfumes with natural ingredients in perfumes including the patchouli oil, as a fixative. Patchouli oil has found widespread adoption in the perfumery industry, owing to its ability to slow the evaporation process of other volatile oils. Moreover, consumers are also demanding organic certifications natural and pure oil including iFEAT, USDA Organic, and FSSC 22000, translating into higher sales of products with such certifications. FMI anticipated higher demand for organic patchouli oil variants in the coming years, representing an annual growth rate of around 4.4% considering increased efforts by manufacturers to cultivate their own organic patchouli plants and further educate farmers.

Global Patchouli Oil Market: Segmentation

Analysis by Product Type

  • Light Patchouli Oil
  • Dark Patchouli Oil

Analysis by Nature

  • Organic
  • Conventional

Analysis by Extraction Process

  • Steam Distillation
  • Hydro Distillation

Analysis by End Use

  • Cosmetics and Personal Care
    • Hair Care
    • Skin Care
    • Perfumes and Fragrances
  • Aromatherapy
  • Food and Beverages
  • Pharmaceuticals
  • Others (Detergents, Household Cleaning, Insect Repellents)

Analysis by Function

  • Anti-inflammatory
  • Antidepressant
  • Flavoring Agent
  • Mood Harmonizer
  • Deodorizer
  • Others

Analysis by Distribution Channel

  • Direct Sales
  • Indirect Sales
    • Specialty Stores
    • Drug Stores
    • e-Retail

Analysis by Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • India
  • Middle East and Africa

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Key Insights Drawn from Global Patchouli Oil Market Report

  • North America is anticipated to hold around 27.5% share in terms of value in the global patchouli market in 2018, considering a well-established supply chain in the region.
  • APAC patchouli market is projected to witness rapid growth, and register a CAGR of 3.4% over the forecast period of 2018-2018, owing to the increasing demand for patchouli oil in the growing markets of Asia.
  • In terms of product type, dark patchouli oil, will find increased preference aromatherapy, pharmaceuticals, and insecticides.

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:                                                      

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Vegan Cheese Market | Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

Newly released data from the global vegan cheese market Analysis shows that the global vegan cheese market enjoyed year-on-year (YoY) growth of 5.7% in 2022 and is estimated to be USD 3,032.0 Mn in 2022 and is expected to witness a prominent growth rate of 9.3% to reach the value of USD 7,352.2 Mn in 2032.

The report examines the factors influencing the market from a global as well as regional perspective. It discovers hidden opportunities for the leading market players. In addition to this, the report identifies the chief growth drivers, restraints, and opportunities.

Additionally, the rise of the vegan cheese business is fueled by rising personal disposable income, altering tastes and preferences, and more adoption of the western lifestyle. Other market growth determinants include an increase in the worldwide vegan population and growing worries about the safety and health of animals. Manufacturers’ increased focus on novel product offerings, combined with increased limits on animal-based food items, will provide the market with even more profitable growth potential. 

Some of the key takeaways from the report are:

  • The expansion of plant-based food industry will support the growth of the vegan cheese market. With the demand for plant-based alternative rising, the market is likely to report impressive growth through the course of the forecast period.
  • In terms of distribution channel, the vegan cheese market is broadly categorized into direct and indirect sales channels. Of these, the indirect sales segment holds dominant vegan cheese market share.
  • Among indirect sales segments, convenience store is likely to emerge as the most attractive segment.
  • Among product types available in the market, the demand for mozzarella vegan cheese is expected to remain high owing to its versatility of use in different recipes.
  • On the basis of source, the almond milk segment is forecast to witness highest growth.

Rising Incidence of Lactose Intolerance to Fuel Demand for Vegan Cheese

A considerably large section of population around the world is lactose intolerant. People with lactose intolerance can rarely enjoy delicacies prepared with milk or milk-derived ingredients. It is due to this that the demand for vegan cheese is on a rise. Vegan cheese is a plant-based dairy alternative, particularly suitable for those suffering from lactose intolerance. Against this backdrop, an increasing number of hotels, restaurants, and cafes have started introducing vegan cheese in their menu to attract consumers who prefer vegan diets and those who are lactose intolerant.

Increasing Disposable Income of Consumers Supports their Purchase Decision

In the last couple of years, consumers’ willingness to spend on exotic and humane plant-based diet has greatly increased. In addition to this, a stable increase in the demand for novel food alternatives is noticed. They are motivated by various advertisements and campaigns to obtain essential nutrients from plant-based alternatives, and this decision is supported to an extent by their increasing disposable income.

Who is winning

Despite witnessing impressive growth opportunities, lack of awareness is a key factor limiting the market’s expansion in developing and underdeveloped regions. As a result of this, conventional dairy products continue to remain popular in several potentially lucrative markets. This is a chief factor restraining the market’s expansion.

Nonetheless, the market players are likely to overcome this challenge as they invest in marketing strategies besides innovating healthier and more cost-effective vegan cheese. Also, concerns pertaining to animal welfare is expected to tip scale in favour of veganism, in turn bolstering growth opportunities for the vegan cheese market.

Some of the leading players operating in the vegan cheese market are Daiya Foods, Inc., Follow Your Heart, Go Veggie, Parmela Creamery, Kinda Co., Bute Island Foods Ltd., Vtopian Artisan Cheeses, Kite Hill, Miyoko’s Kitchen, Vermont Farmstead, and Good Planet Foods.

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Market Segments Covered in Vegan Cheese Market Analysis

Product Type

  • Mozzarella
  • Parmesan
  • Cheddar
  • Cream Cheese
  • Ricotta
  • Others

Form

  • Shreds
  • Blocks and Wedges
  • Slices

Source

  • Almond Milk
  • Soy Milk
  • Coconut Milk
  • Cashew Milk
  • Others

End-Use

  • Food Processing
  • Baked Goods
  • Sauces, Dips and Dressings
  • Snacks
  • Processed and Packed Foods
  • Ready Meals
  • Dairy and Desserts
  • Food Service/HoReCa (Hotels, Restaurant, Cafes)
  • Household/Retail

Nature

  • Conventional
  • Organic

Sales Channel

  • Direct Sales
  • Indirect Sales
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Speciality Retail Stores
  • Traditional Grocery Stores
  • Online Retailers

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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Frequently Asked Questions

  • How much is the current worth of the vegan cheese market?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is the demand outlook forecast for the vegan cheese market?
  • Who are the top 5 players operating in the market?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for vegan cheese?
  • What outlook does Europe provide?
  • At what rate will the U.S. vegan cheese market grow?

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:                                                      

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Cocoa Butter Market Regional Growth Drivers,Segmental Analysis, Opportunities and Trends 2022-2031

Demand for cocoa butter market is expected to reach US$ 6.7 Bn in 2021, according to the latest Future Market Insights (FMI) study. The market value has been forecast to total US$ 9.8 Bn by 2031, exhibiting growth at CAGR of 3.8% for 2021-31.

The rising demand for better texture and appearance of chocolates besides their flavor will create a conducive environment for the growth. Some of the leading cocoa butter processors are emphasizing on strengthening their trade relations with countries exporting cocoa beans.

“In terms of key market strategies, industrial manufacturers of cocoa butter are focusing on strengthening their trade relations with major cocoa producing countries. Other manufacturers are focusing on expanding their presence in the Asian regions, especially in regions such as ASEAN through facility and product portfolio expansion”- Principal Analyst, Food and Beverages, Future Market Insights

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Key Push Factors Driving Cocoa Butter Market Sales Growth Globally

  • Growing demand for chocolate in dairy, frozen desserts and bakery, is expected to pave lucrative opportunities. Novelty products in the confectionery segment have triggered the demand for cocoa butter. Premium and novel cocoa products are expect to tighten their grip over the food industry in developed regions.
  • Given the high competition in cocoa market, demand for high quality texturing agents is expected to flourish, thereby translating into premiumization of cocoa butter, to suit the consumer demands.
  • Emerging substitutes including cocoa butter equivalents (CBE) are not likely to replace cocoa butter, owing to its unfulfilling taste and texture compared to the conventional cocoa butter.

Regional Outlook: New Opportunities Spotted in APEJ and Eastern Europe

  • Asian nations including Indonesia, Malaysia, India and China are projected to offer lucrative growth opportunities for cocoa butter manufacturers. Falling cocoa butter prices have encouraged confectioners to develop new products due to affordability in Asia Pacific along with Easter Europe. One such key development includes, Cargill Inc expanding its cocoa products portfolio investment in India.
  • Countries like Indonesia, Viet Nam and Malaysia are embracing the growth in the processing activities of cocoa beans and have emerged as potential pockets of opportunities in the Asian region for the cocoa butter market.
  • In Eastern Europe, the cocoa butter consumption is on the rise in regions such as Turkey and Poland. These countries are expected to register significant growth over the forecast period. The confectionery segment is expected to register 1.9x growth in terms of value over the forecast period.
  • In North America, shift toward naturally aromatic ingredients and organic and clean-label products will translate into promising growth of natural cocoa butter—with highest adoption in the frozen desserts segment.
  • In Western Europe, Germany accounts for almost 30% market share in the cocoa butter market. On the other hand, Switzerland is expected to remain one of the major consumers of cocoa butter due to its large capacity of chocolate production.

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Key Insights from the Segmentation Analysis of the Cocoa Butter Market

  • Deodorized cocoa butter is expected to witness significant demand in the cosmetic and personal care industries.
  • In terms of nature of cocoa butter, the clean-label trend will remain a key push factor for organic confectionery products- specifically in developed regions.
  • Blocks and powder, in short solid form, is an ideal choice of product form preferred by industrial manufacturers. Ease of transportation and storage, will work in the favor of block form cocoa butter—registering high growth in terms of value and volume. In APEJ, the powder segment is expected to register 2.2x growth in terms of value over the forecast period.

Cocoa Butter Market by Category

By Product Type:

  • Natural
  • Deodorized
  • Semi-deodorized

By Nature:

  • Organic
  • Conventional

By Product Form:

  • Blocks
  • Powder
  • Liquid

By End Use:

  • Food & Beverage Industry
    • Confectionery
    • Bakery
    • Frozen Desserts
    • Nutritional Drinks
    • Others
  • Pharmaceuticals
  • Personal Care & Cosmetics

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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Frequently Asked Questions

  • What is the cocoa butter market size?
  • At what rate did the demand for cocoa butter grow between 2020 and 2021?
  • What is the sales outlook for cocoa butter?
  • Who are the top players in the cocoa butter market and what is their market share?
  • What is the growth outlook for North America cocoa butter market?
  • At what rate will sales of cocoa butter grow in Europe?
  • What are the key trends shaping the cocoa butter market?

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:                                                      

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

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