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The global gluten-free bakery premix market size was valued at US$ 379.4 Mn in 2022 and it is expected to grow at a CAGR of 5.7% from 2022 to 2032. Food safety concerns regarding allergens have thrust the global gluten-free bakery premix market to reach a valuation of US$ 648.6 Mn by 2032.

In terms of end use applications, bakeries are projected to hold a market share of more than 72%, which can be attributed to higher sales, particularly in North America and Europe. The segment is also projected to grow faster owing to the presence of major bakery product manufacturers in these regions. A strong surge of tourism, particularly in the Asia Pacific is anticipated to bolster consumption of bakery products, which in turn will increase the demand for Gluten-free Bakery Premix.

The rising awareness of the side effects of gluten consumption such as celiac disease is driving demand in these regions, which in turn is expected to have a favorable impact during the forecast period. In the Asia Pacific region, the rising demand for western foods such as burgers, pizzas, and sandwiches are projected to increase the demand for Gluten-free Bakery Premix.

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It includes in-depth insights into the Gluten-free Bakery Premix market. Some of these are:

•  The estimated market value was at US$ 290 Mn in 2019. Through the forecast period, the market is estimated to display a steady rate of growth.
• Europe has emerged as the leader in the global Gluten-free Bakery Premix market.
• The rising prevalence of celiac disease, particularly in the United States is a key driver in North America.
• Consumer perception of gluten free foods as healthier options are driving the demand for gluten free products.
• China and India are projected to display a substantial rise in the bakery industry bolstering the growth of the Gluten-free Bakery Premix industry in the Asia Pacific.

Lifestyle Health Issues Drive Adoption

Celiac disease is increasingly being viewed as a major autoimmune ailment, which can harm the small intestine. In the United States, 1 person in every 133 have been found to have this disease, making food habits and diet changes important. Gluten-free bakery premixes are considered a healthy option and the growing levels of health consciousness among consumers is expected to drive up demand.

Rise in International Tourism Generates Opportunities for Manufacturers

People around the world are increasingly becoming conscious of factors affecting their health. The rising incidences of celiac disease, and lifestyle ailments such as obesity are key drivers of changes in consumer preferences. In addition, increased international travel and tourism particularly to the Asia Pacific is expected to bolster the consumption of breads and related food products, which in turn is anticipated to fuel the demand for Gluten-free Bakery Premix in the forecast period.

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Market Segmentation

The global Gluten-free Bakery Premix market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• Bread
• Cakes
• Pizza Bases
• Muffin
• Hamburgers
• Other Product Types

Application 

• Bakeries
• Confectionery Shops
• Restaurants
• Household

Distribution Channel

• Direct Sales
• Indirect Sales

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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FREQUENTLY ASKED QUESTIONS ABOUT GLUTEN-FREE BAKERY PREMIX MARKET

What drives the Gluten-free Bakery Premix market?

Application of Gluten-free Bakery Premix in minimizing the risk of celiac disease and rising health awareness among consumers drive the Gluten-free Bakery Premix market. The rising consumption of bread and protein nutrition plays a central role in mass-adoption of Gluten-free Bakery Premix.

What is the expect market valuation by the end of 2029?

The global Gluten-free Bakery Premix market is expected to cross US$ 486 Mn in market value by the end of forecast period (2029).

Which region will lead the global sales of Gluten-free Bakery Premix?

Europe will lead the global sales of Gluten-free Bakery Premix. Rising consumer health awareness, and information about the side effects of gluten in European countries is a major factor that drives growth in this region.

Which product segment is likely to witness highest growth?

The bread products segment will register the highest growth in the Gluten-free Bakery Premix market. This growth can be attributed to rising international travel and the demand for plant-based protein sources on a global scale.

Which segment based on application will record the highest growth?

Bakeries are expected to record the highest growth. The rising numbers of international travelers coupled with the popularity of western foods in the Asia Pacific region drive adoption in food service applications.

Which segment based on distribution channels will generate highest demand?

Supermarkets will maintain its share-wide dominance and prevail as the highest demand generator by the end of forecast period. Grocery store channels such and direct to consumer online sales will offer lucrative growth opportunities.

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The global functional food and natural health products market is expected to grow at a CAGR of 5.1% during the forecast period and top valuation of US$ 37.5 bn by 2032.

As of 2022, the functional food and natural health products market is valued at US$ 22.4 bn.

The protein trend is on the rise throughout the world. People across age groups have started realizing the importance of protein, as a result of which the demand for functional food and natural health products is expected to surge.

Furthermore, functional food and natural health products possess anti-aging properties. Additionally, these also assist in weight reduction and have also been effective in the treatment of many health-related problems. This is also expected to increase the sales of functional food and natural health products during the forecast period.

Additionally, functional food and natural health products are used to manufacture more advanced forms of extruded snacks and chips.

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However, the manufacturers are the ones who are all guns blazing as far as spreading the USP of the product is concerned. On this front, they are using various marketing strategies to promote awareness about the product.

Apart from that, the manufacturers are leaving no stone unturned to develop top-quality products which comply with all the standards that the food authorities have set across the world. This as well is expected to drive the functional food and natural health products market.

One of the most important aspects of this sector is that it plays a pivotal role in contributing to the economy’s growth, especially in developing countries.

Thus, from the insights presented by FMI, it can be inferred that a number of health benefits, coupled with intense strategies adopted by the manufacturers and many other factors, are expected to drive the functional food and natural health products market.

Key Takeaways 

• The functional food and natural health products market is expected to grow at a CAGR of 5.1% during the period 2022-2032.
• The functional food and natural health products market holds a valuation of US$ 22.4 bn as on 2022.
• By 2032, the functional food and natural health products market is expected to be valued at US$ 37.5 bn.
• North America is the largest functional food and natural health products market with a share of 30% as on 2021.
• Asia Pacific is the fastest growing market.
• USA is the dominant force in the North American functional food and natural health products market, with a share of nearly 84% in the North American market in 2022.
• Germany is leading the European functional food and natural health products market, with a share of 17% in 2022.
• India is the leading region in the South Asian market, with a share of 32% in South Asia.
• Based on the nature, the conventional food has the largest market share of nearly 87.4% in 2022.
• Based on the product type, the functional food segment has the largest market share of 56% in 2022.

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Competitive Landscape

Key manufacturers of functional foods and natural health products are continuously getting involved in the merger and acquisition activities. These merger and acquisition activities are helping the manufacturers to increase their presence in the untapped market and also to increase their current product portfolio.

For Instance –

• In July 2022, General Mills announced the sale of Helper and Suddenly Salad Businesses
• In September 2022, Pepsico and ADM announced an agreement aiming to reduce carbon intensity by supporting regenerative agriculture practices on nearly 2 million acres of farmland.

Key Companies Profiled

• General Mills
• ADM
• Bremner Foods Ltd.
• Cargill Inc.
• GFR Pharma
• Omega Nutrition Canada
• Eurofins Experchem Laboratories
• Aroma Borealis
• Amway
• Herballife
• DPA Industries Inc.

Functional Food and Natural Health Products Market by Category

By Nature:

• Organic
• Conventional

By Product Type:

• Functional Food Product
  • Bakery & Confectionery
  • Dairy
  • Fish & Eggs
  • Canola-based
  • Pulses-based
  • Hemp-based
  • Flax-based
  • Oats-based
  • Barley-based
  • Soy
  • Oils & Fats
  • Others
• Natural Health Product
  • Probiotics
  • Proteins & Amino Acids
  • Phytochemical & Plant Extracts
  • Prebiotics
  • Fibers & Specialty Carbohydrates
  • Omega-3 Fatty Acids
  • Carotenoids
  • Natural Vitamins
  • Natural Minerals

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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During the forecast period 2022-2032, the online food delivery services market is expected to grow at a value of 9.8% CAGR, according to Future Market Insights. By the year 2032, the global market for online food delivery services is expected to rise up to a market valuation of US$ 97,291.58 Million. Consumers’ exposure to online services is increasing at a rapid pace. Because of increased internet penetration and drastically improved smartphone accessibility, consumers may now use a plethora of food delivery apps, which is expected to promote sales in the doorstep meal delivery business.

Significant funding in the food transportation sector creates market growth potential. Aside from these expenditures, other changes in client tastes are also influencing market development. For example, the demand for fresh food, quick home delivery, and convenience is driving up the adoption of online meal delivery services. Millennials are also growing interested in online meal delivery services.

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Though the business is still in its early stages, many factors such as changing pricing strategies and the availability of multiple meal delivery service platforms are projected to boost competition. Furthermore, when there is a high volume of food orders, the quality of the food delivered degrades, necessitating the need of additional resources to furnish the meal.  As a result, the inability of restaurants to accept multiple deliveries and difficulties in dealing with quantity are limiting business growth. In contrast, the advent of virtual restaurants and delivery-only kitchens is expected to provide significant market growth potential throughout the projection period.

Key Takeaways from the Market Study

• In 2022, the global online food delivery services market is estimated to have a global market size of US$ 38,200 Million
• In 2022, the platform to consumer category by delivery type is expected to occupy a 55% market share
• By channel type, the mobile applications segment is projected to hold a global market share of 35% in 2022
• By payment type, the online transactions are expected to account for 82% of the worldwide market in 2022.
• The U.S online food delivery services market is expected to gain a global market share of 90% in 2022 and 8% CAGR during the forecast period.
• The Indian region is expected to grow rapidly with a global market share of US$ 17,050 Million by 2022.
• During the forecast period, the German market for online food delivery services will exhibit a 9.8% CAGR.

“The growing use of smartphones and internet penetration are driving market expansion, which allows customers to order food from a variety of restaurants. This helps to drive market growth,” comments a Future Market Insights analyst.

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Competitive Landscape

Market participants are focusing their efforts on strategic alliances, mergers and acquisitions, and corporate expansions to increase their market position.

• Uber Systems Inc. finalized its acquisition of Drizly in 2021, with the two businesses beginning to integrate their complementing delivery technologies and services the following year.
• Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery company, announced a USD 40 billion merger with Altimeter Growth Corp. in 2021. Investors including BlackRock (BLK.N), Temasek Holdings, Fidelity International, Mubadala Abu Dhabi, and Malaysia’s Permodalan Nasional Bhd will participate in a $4 billion private investment in public equity offering as part of Singapore-based Grab’s agreement with the Altimeter Capital-backed SPAC.
• In 2021, Delivery Hero increased its footprint in Central America and the Caribbean by acquiring Hugo’s food and grocery delivery verticals.
• Uber has agreed to pay $2.65 billion for Postmates, a meal delivery startup, in 2020, as it attempts to expand its foothold in on-demand food delivery while its primary ride-hailing business declines.

Key Segments Covered In The Online Food Delivery Services Market Report

Online Food Delivery Services Market by Delivery Type:

• Restaurant to Consumer
• Platform to Consumer

Online Food Delivery Services by Channel Type:

• Website/Desktop
• Mobile Application

Online Food Delivery Services by Payment Method:

• Cash On Delivery
• Online

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Frequently Asked Questions

• At what rate did the online food delivery services market flourish from 2017-2021?
• What will be the growth rate of the global online food delivery services market during the forecast period?
• What will be the projected market size of the online food delivery services market by 2032?
• Which segment is expected to dominate the global online food delivery services market during 2022?
• What will be the outlook of the channel type segment during the forecast period?
• How is the U.S online food delivery services market projected to grow in 2022?
• What was the outlook of the Indian online food delivery services market during 2022?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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According to newly released report on the global food dehydrators market by FMI estimates that in 2031, the global market for food dehydrators is expected to reach US$ 3,761 Mn. In 2021, the market was estimated at US$ 2,028 Mn. If these projections are correct, the market would grow at a CAGR of 6.4% from 2021 to 2031.

Asia Pacific and North America are expected to emerge as lucrative markets for food dehydrators besides Europe. In terms of end use, the food dehydrators market can be classified into industrial, commercial, residential, and others. Of these, industrial will lead the global market on account of the rising demand from the food and beverages sector.

According to the report, the rising demand for food with longer shelf-life will stoke growth in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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It includes in-depth insights into the food dehydrator market. Some of these are:

• The estimated value of the market was at US$ 1600 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, Europe emerged as a key market for food dehydrator.
• Asia Pacific and North America will remain steady as key markets for food dehydrators.
• Industrial segment expected to show growth at the highest rate of growth among end users over the forecast period.
• Key players are likely to focus on expanding their product portfolio to stay relevant in the market.

Demand for Food with Improved Shelf-life Will Boost Growth

The rising demand for food with longer shelf-life is one of the chief growth drivers of the market. Dehydrating food is one of the best technologies to enhance food shelf-life and preserve it for a longer period. The method has gained popularity because it helps in reducing food wastage. As a result of this, food dehydration also is a preferred technology for preserving unconsumed food among government and non-government organizations.

Who is Winning?

Some of the leading players operating in the food dehydrators market are Excalibur Dehydrator, Koolatron Corporation, NESCO, National Presto Industries, Inc., Hamilton Beach Brands, Inc., Lem Products Holding LLC, Tribest Corporation, The Sausage Maker, Inc., NutriChef Kitchen, LLC, Buffalo Appliances, STX International, Avantco Equipment, Vitality4Life Pty Limited, Aroma Housewares Company, and  Gourmia.

As a result of increasing competition, food dehydrator manufacturers are focusing on expanding their product portfolio and improving existing technologies. Furthermore, they are using innovation to use different sources of energy to make food dehydration process more eco-friendly and reduce cost of production.

Market Segmentation

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

Technology

• Vertical Airflow
• Horizontal Airflow

End Use

• Industrial
• Commercial
• Residential
• Other End-Uses

Energy Source

• Electricity
• Biofuel
• Solar
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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FREQUENTLY ASKED QUESTIONS ABOUT FOOD DEHYDRATOR MARKET

What drives the food dehydrator market?

The rising demand for advanced technologies of preserving food for a longer time is the chief driver of the food dehydrators market. In addition to this, the market has government support, which will propel growth in the coming years.

Which factors put food dehydrators market at risk?

Lack of awareness and resource in under-developed economies often restricts the application of food dehydrators.

Which region will lead the global food dehydrators market?

Europe is expected to remain the dominant market for food dehydrators through the forecast period.

Which application segment offers most lucrative growth opportunities?

Industrial segment shows highest demand for food dehydrators. As a result of this, the expansion of agricultural and food processing industries will give impetus to the food dehydrators market.

Which segment based on technology will record the highest growth?

In terms of technology, the horizontal airflow segment held the dominant share of the market in 2019.

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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The global krill oil market is estimated to be valued at US$ 740.3 Mn in 2021. According to newly released report by Future Market Insights (FMI), the overall market value is expected to reach US$ 2.25 Bn by 2031, rising at a CAGR of 10.7% during 2021-2028.

The krill oil market will represent 35.4% of the global fish oil market. Focus on innovations and expanding regional footprint is considerably high among the market players. This will create impressive prospects for sales of krill oil products in the coming years.

This also is supported by mobile phones evolution and surge in social media platforms, which has helped to bring these generations become more conscious about their overall health.

Modern consumers are more inclined towards maintaining a healthy lifestyle, which is expected to shape the growth of the overall dietary supplement market. This will in turn result in increased consumption of krill oil based dietary supplement products.

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Key Takeaways from the Krill Oil Market Study:

• The U.S. is estimated to account for more than 91.2% of the North America market in 2021, supported by increased consumption of krill oil-derived dietary supplements.
• According to FMI analysis, Australia is estimated to account for nearly 83.3% of the Oceania market in 2021.
• China is dominating the East Asia krill oil market. It accounts for 50.1% of East Asia market share.
• Krill oil application for dietary supplement is estimated to account for nearly 53.9% sales in the market in 2021.
• Krill oil soft gels segment is expected to hold 44.9% of market share in 2021.

Krill Oil Sales will Continue Rising Amidst Surging Focus on Healthy Lifestyle

It has never been more important to prioritise your health than it is currently.  Our unhealthy lifestyles have come into question as the incidence of chronic diseases has risen alarmingly. As a result, consumers are more willing to spend money on products with more nutritional value than they have ever been. Their preferences are assisted by increased affluence, particularly among metropolitan populations. The global krill oil market is predicted to grow at a rapid pace over the next few years, owing to current trends.

Who is Winning?

Key players existing in the global krill oil market are focusing on reaching a large consumer base by implementing various strategies such as marketing and promotional activity, adopting sustainable production and strengthening research & development.

Some of the leading companies offering krill oil are Alpha B&H Co., Fuji Chemicals, Xi’an Prius biological engineering Co. Ltd, Krill Canada, Rimfrost AS, Neptune Biotech, Norwegian Fish Oil AS, Quingdao Kangjing Marine Biotechnology Co. Ltd.,. Nutrifynn Caps Inc., Aker BioMarine AS

Market Segments Covered in Krill Oil Industry Analysis

By Form:

• Liquid
• Capsules
• Soft Gels

By End-Use:

• Dietary Supplements
• Functional Foods & Beverages
• Pharmaceuticals
• Pet Food & Animal Feed
• Others (Infant Formula)

Region:

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

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Key Questions Answered in the Report

How much is the krill oil market current worth?

Currently krill oil market is worth more than US$ 676.7 Mn.

At what CAGR is the krill oil market expected to grow?

Krill oil consumption is expected to grow at a CAGR of around 10.7% during the period 2021-2031.

How was the krill oil market performance in the last five years?

In terms of revenue, krill oil market grew at a CAGR of around 9.4% during 2016-2020

What are the key trends boosting krill oil sales?

The latest trends in krill oil market, boosting sales include increasing consumer inclination toward healthy living, digitization, and increasing focus on mental health and personal well-being

Which are the major countries driving demand for krill oil?

The U.S, Australia, China, and Brazil are the leading countries driving demand for krill oil.

At what rate will U.S. Krill Oil market grow?

The US krill oil market is projected to grow at a CAGR of around 9.7% over the next ten years

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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