Buckwheat Seed Market – Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2027

Buckwheat Seed Market is estimated at US$ 38.42 Million in 2032, surge at a vigorous 4.0% CAGR during the assessment period 2022-32 

Buckwheat seed is produced for its grain-like seed and as a cover crop (planted to manage soil erosion, soil fertility). Buckwheat seed is high in complex carbohydrate, also known as pseudo cereals. Due to the high content of complex carbohydrate with gluten-free nature, buckwheat seeds are highly used in the food industry to make products for consumers allergic to gluten.

Buckwheat seed is rich in lysine and arginine, two essential amino acids which major cereal crops are deficient. Buckwheat seed helps in weight loss management by suppressing the appetite. Buckwheat seed has good magnesium content that regulates the blood pressure. Along with the food, buckwheat seeds are also used in the beverage industry to prepare beer, whiskey and other alcoholic beverages, sourced as a substitute to wheat and barley.

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Buckwheat Seed Market Increases Due to Its Diversified Applications

Buckwheat seed is used as an essential ingredient in various industry such as food and beverage industry, feed industry, and cosmetics and personal care industry. Buckwheat seed has increasing demand in cosmetic and personal care industry, due to consumers are facing skin problems and hair loss problems due to various effects such as growing age, improper diet, also because of environmental factors like pollution and increasing temperature are affecting consumers, who are driving the interest for consumers in buckwheat seed leading to increase the business profit for manufacturers operating in buckwheat seed market.

According to WHO (World health organization) 31% of death all over the world is due to cardiovascular disease. This states that there is a high risk of cardiovascular disease in consumers, due to which consumers are moving towards low fat food and also consumers are attracted towards other healthy source of food such as buckwheat seed rich in fibers, complex carbohydrates, and less fat. Buckwheat seed is also used in weight loss management nowadays, due to consumer’s awareness for healthy food and consciousness towards protein, carbohydrate, and fat consumption are owing to increase buckwheat seed consumption leading to better business profit for the manufacturers.

Buckwheat seed is pseudo cereals containing high antioxidant and the phenolic compound which are necessary to fight against cancer. Buckwheat seed is also used in making beverages to reduce liver fattening, also they are used in animal feed to give proper nutrition to animals, other than animal feed it is also used in making supplements for weight loss. Hence the diversified application of buckwheat seed is expected to drive the market over the forecast period.

Buckwheat Seed Market: Key Players

Some of the top manufacturers and suppliers of buckwheat seed are Agrotrade Group, High Mowing Seed Company, Seed .Co. Limited, Kaveri Seed Company Limited, Pioneer Hi-Bred International, Inc., AB Company Seeds Ltd.,Kingherbs Limited, Qingdao Sunrise Biotechnology Co., Ltd., Gansu Zhanhua Import & Export Co., Ltd. Ningxia Original Crops Co., Limited and others.

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Opportunities for Market Participants for Buckwheat Seed

As there is increasing competition among the manufacturers, so they should try to sell buckwheat seed at an affordable price.

Manufacturers should provide unpolished and organic buckwheat seed to attract consumers those are health conscious. They could also provide the polished buckwheat seed to attract few new consumers for whom appearance of product matters.

Other than price the manufacturers could also provide the product in lose as well as in packed conditions. Manufacturers operating in this field could bribe the consumers by offering them complimentary gifts with the product. They could even set up their own factory outlet to reach consumers directly. The manufacturers could also do provide attractive offers with the discounted rate of buckwheat seed to attract more consumers and that could gain good business profit for manufacturers.

The research report presents a comprehensive assessment of the wheat gluten market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product source, type, end users and distribution channel.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Buckwheat Seed Market Segmentation

On the basis of type of Source, the Buckwheat Seed market has been segmented as –

  • Organic buckwheat seed
  • Conventional buckwheat seed

On the basis of type, the Buckwheat Seed market has been segmented as –

  • Roasted buckwheat seed
  • Non-roasted buckwheat seed

On the basis of end users, the Buckwheat Seed market has been segmented as –

  • Food and beverage Industry
  • Cosmetics and personal care industry
  • Supplement Industry
  • Animal feed Industry
  • Others

On the basis of distribution channel, the Buckwheat Seed market has been segmented as –

  • B2B
  • B2C
  • Store-Based Retailing
  • Grocery Retailers
  • Modern Grocery Retailers
  • Convenience Stores
  • Discounters
  • Traditional Grocery Retailers
  • Independent Small Grocers
  • Other Grocery Retailers
  • Non-grocery Retailers
  • Mixed Retailers
  • Other Non-grocery Retailers
  • Online Retailing

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Frequently Asked Questions

  • At what Rate will the Buckwheat Seed Market Grow?
  • Which Region is set to lead the Buckwheat Seed Market?
  • Which are some of the renowned companies in the buckwheat seed market?

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Hyperlocal Food Delivery Market | Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

The global hyperlocal food delivery market is predicted to witness a moderate growth rate of 8.3% during the forecast years of 2022 to 2032. The net worth of the hyperlocal food delivery market share is expected to reach US$ 493.9 Billion by the year 2032 while increasing from US$ 222.5 Billion in the year 2021.

Online meal ordering has been getting increasingly popular in recent years. One of the primary factors driving the hyperlocal food delivery market growth is the increasing proliferation of technology and online connections, which allow meals to be delivered swiftly and easily. As a result, the demand for hyperlocal food delivery market services is being fuelled by a growing number of mobile users and internet penetration.

Consumers have the facility to access a broad variety of food goods via their cell phones, with the added convenience of having them delivered to their doorsteps. Furthermore, hyperlocal food delivery services assist food service businesses in a variety of ways, for example, labour savings, since employees are not required to spend hours on the phone or at the counter.

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Pursuant to government-imposed lockdowns during the Covid-19 pandemic, consumers had been confined to their homes, prohibiting them from engaging in normal purchasing activities. To keep viable, several eateries have shuttered or consequently turned to a takeaway model that has swelled the hyperlocal food delivery market statistics for the present years.

Other important advantages of hyperlocal food delivery for service companies include greater consistency of online orders, higher guest convenience, simplified order processing, and so on.

Furthermore, online meal ordering may give food service operators valuable client information that can be used to develop promotional tactics such as targeted promotions to generate off-peak demand, specially tailored to certain customer categories, and couponing techniques that have boosted hyperlocal food delivery market adoption trends.

The U.S. citizens’ excellent living standards continue to drive the demand for online food delivery services in the region. Doordash, Uber Eats, Postmates, GrubHub -Seamless, and Caviar, among the leading companies in North America, are pursuing methods such as new product development, worldwide growth, acquisitions, and financing in order to grow the hyperlocal food delivery business.

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Key Takeaways

  • On the basis of broad geographical regions, North America is the highest contributor of the hyperlocal food delivery market which stands at almost 36.8% of the total revenue generated globally.
  • Top three performing economies for the global hyperlocal food delivery market, namely United States, China and Germany together account for almost 38.5% of the total shares.
  • Home delivery segment, consisting of retailers and third party delivery service providers is the dominant segment, accounting for almost 89.5% of hyperlocal food delivery market size.

Competitive Landscape for Hyperlocal Food Delivery Market Key Players

Name of some of the hyperlocal food delivery market key players includes Uber Eats, Just Eat, Grubhub, Takeaway.com, DoorDash, Postmates, Deliveroo, Delivery Hero, Ele.Me, Meituan Dianping, Rappi, Jumia Food, Damae-can, iFood, Zomato, and Yandex.Eda among others.

Recent Developments in Hyperlocal Food Delivery Market

  • In the year 2021, Delivery Hero Company purchased Hugo’s food and meal ordering verticals, extending the company’s reach throughout Central America and the Caribbean islands.
  • Grab Holdings, which is hailed to be one of the largest ride-hailing and food-delivery start-ups in Southeast Asia, announced a US$ 40 Billion merger with Altimeter Growth Corp. in 2021 following the pandemic lockdown.
  • Last year, Uber Technologies Inc. achieved its plan of acquiring Drizly, and the two companies are likely to merge their complementary delivery software and processes in the following years. According to hyperlocal food delivery market report, the purchase price was roughly figured out to be around US$ 1.1 billion, including the US$ 18.7 Million payment in freshly issued Uber common shares.

Key Segments

By Food Type:

  • Salads
  • Sandwiches and Burgers
  • Soups
  • Appetizers & Snacks
  • Pizza
  • Prepared Entrees
    • Breakfast
    • Lunch & Dinner
  • Desserts
  • Beverages
    • Tea & Coffee
    • Smoothies & Shakes
    • Juices
  • Other Types

By Business Model:

  • Single Store Model
  • Store Pick Model
  • Hybrid Model
  • Aggregator Model

By Delivery Type:

  • Restaurant to Consumer
  • Platform to Consumer

By Payment Method:

  • Cash on Delivery
  • Online Payment

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Frequently Asked Questions

  • What is the Growth Outlook of the Hyperlocal Food Delivery Market?
  • What is the projected Value of Hyperlocal Food Delivery Market By 2032?
  • What was the Present Size of the Hyperlocal Food Delivery Market?
  • Which Country Accounts for the largest Revenue Share in the Hyperlocal Food Delivery Market?
  • Which Region has the Highest Growth Potential in the Hyperlocal Food Delivery Market?

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Vegan Chocolate Market Regional Growth Drivers, Segmental Analysis, Opportunities and Trends 2022-2032

The global vegan chocolate market is set to witness growth at a CAGR of 15.5% and top a valuation of US$ 4.0 Bn by 2032. Chocolate in its pure form is said to be a vegan product only as the raw product maid from cocoa is a plant-based food. However, the cacao is subjected to extensive processing, including the addition of chemicals and milk or milk fat, making it an animal-based product.

When it comes to the conditions and environment in which animals are raised, consumers are becoming increasingly sensitive and sympathetic. Because of animal welfare issues, they are increasingly choosing plant-based items, particularly plant-based chocolates. Vegan chocolate is manufactured without dairy milk, which many people today believe is a major source of environmental problems. Crops can be used to make chocolates with a milk base. This would assist in addressing environmental concerns and drive the vegan chocolates market.

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Vegan chocolates are significantly more natural, healthier, and delicious than other chocolates made with artificial ingredients and cheap animal fat. Further, inclusion of new international flavours in vegan chocolate is propelling its demand more than ever. Casa Kakau brand is making vegan chocolates such as Cardamom Craft Chocolate and Bulgarian Rose Water chocolate, which is hand-crafted bean-to-bar chocolate from original cocoa beans. The vegan chocolate is matured and has been stone ground like traditional chocolate.

Another example is from Veganz Waffel brand which produces crunchy wafer bits chocolate with rice syrup powder, in which the couverture chocolate is given an interesting crunchy texture. The product retails in an 80g eco pack, which is made with compostable material, and further, the pack is printed with mineral oil-free ink.

Key Takeaways from Market Study 

  • The vegan chocolate market is worth of USD 1.0 Bn sales in 2022.
  • The vegan chocolate market is expected to expand at CAGRs of 5% through 2032.
  • Global vegan chocolate demand is projected to grow year-on-year (Y-o-Y) growth of 7% in 2022.
  • The vegan chocolate market is growing with a notable boost towards the production to reach USD 4.0 Bn by 2032.
  • High product demand from food service industry, soaring production of raw material, tasty and convenient product form are the factors driving growth of the market and to be the influencing factors among consumers, which is driving sales of vegan chocolate across global markets.
  • Demand for vegan chocolate grew at 2% CAGR between 2017 and 2021.
  • Mondelez International, The Hershey Company, Schmilk Chocolate (Chocolate Hollow, LLC), Lindt & Sprüngli, and Ritter Sport are expected to be the top players in the vegan chocolate
  • Vegan chocolate market along with dark vegan chocolate, flavored vegan chocolate, bars as product form, snack bars and cereals as application, and B2C sales channel are in heavy demand from food industry carrying a notable market share.

“Vegan chocolates are said to have a higher content of cocoa, sugar, cocoa butter, and other natural plant-based flavors to produce a melty texture and mouthfeel experience. As cocoa butter is the main ingredient which helps in generating the unique texture and taste in vegan chocolate, the percentage of cocoa determines the final product quality in vegan chocolate,” says a Future Market Insights analyst.

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Competitive Landscape 

Key vegan chocolate brands are conducting several researches and looking for new strategic partnerships, while key business brands are focusing on developing the applications in food industry to generate high quality food and beverage solutions. The top players are focusing on new formulations and product innovations to gain vegan chocolate market share and attract more customers towards the product.

Despite the entry of companies in the vegan chocolates market like Hershey’s, the research views smaller businesses, some of which are predominantly vegan to begin with, as driving the category’s growth.

Equal Exchange, a Fair-Trade chocolate maker, Endangered Species Chocolate, Alter Eco, Taza, and Theo are among the brands predicted to grow the most in the coming years, according to the vegan chocolate market study. Endangered Species, like Hershey’s, just introduced oat milk-based chocolate bars.

  • In 2021, Cadbury announced to launch the vegan chocolate bar, first of its kind from the company, with two different flavours. The new vegan chocolate bar is a plant-based offering that, according to the firm, is inspired by Cadbury’s Dairy Milk, the company’s most popular chocolate bar in the UK

Explore More Valuable Insights 

Future Market Insights, in its new report, offers an impartial analysis of the global vegan chocolate market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on product type (raw chocolate, white chocolate, dark chocolate, and others), flavor (unflavoured and flavoured), product form (bars, blended, cookies, granules, liquid, powder, whole, and others), application (baking mixes, snack bars & cereals, candy, chocolate & gums, cocoa chips & cookies, coffee, dairy & desserts, dietary supplements, ice cream & shake mix, condiments, sauces & spreads, sports bars & nutrition, and others), and sales channel (B2B / HoReCa and B2C), across seven major regions of the world.

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Frequently Asked Questions

  • What is the Growth Outlook for the Vegan Chocolate Market?
  • At what CAGR is the Vegan Chocolate Market expected to Expand through 2032?
  • How was the Performance of Vegan Chocolate Market over the past half-decade?
  • What will be the Market for Vegan Chocolate worth in 2032?
  • Who are the Key Players Operating in the Vegan Chocolate Market?
  • What are the Key Factors Affecting the Vegan Chocolate Market Growth?

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Emulsified Shortenings Market Worldwide Growth, Trends, leading Segments & Opportunities to 2032

Emulsified shortenings market is expected to project growth at a CAGR of around 5% to 6% during the forecast period from 2022 to 2032. Emulsified shortenings are used to hold the water, oil and shortening together in the product, which helps to retain the moisture in the products for a longer period of time. Emulsified shortenings are also known as high ratio shortenings that have the capacity to absorb more liquid and sugar than the other available shortenings.

Emulsified shortenings have a neutral taste, and therefore, does not interfere with the other flavourings. Emulsified shortenings are used in the preparation of various products such as dairy, confectionery, bakery, and desserts. Emulsified shortenings help to improve taste and volume of bakery products, enhances the texture and moisture, improves crumb structure in cakes, enhances the structure of whipped products, and helps to strengthen the gluten network in the dough.

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Enormous Beneficial Properties Propelling the Emulsified Shortenings Market.

The increase in demand for bakery products is anticipated to serve a driver for the emulsified shortenings. The consumer preference for convenience, hectic lifestyle, increase in the number of working women, and economic feasibility is some of the major reasons for the increase in the demand for bakery products.

Emulsified shortenings are an important ingredient that is required during the preparation of bakery products as it improves the overall quality of the products. The major concern for the manufacturers in the bakery industry is to have uniform mixing of the ingredients that helps in the formation of uniform quality products with even taste and texture. The water and oil are the most common ingredients that are required for the preparation of the bakery products, and thus, uniform mixing of oil and water is essential to form consistent quality products.

Thus, the manufacturers in the bakery industry have an excellent option of using emulsified shortenings, which helps in to improve the quality of the bakery products. Emulsified shortenings help in the mixing of oil, water and all other ingredients that are present in the bakery products, and therefore, the increase in demand for bakery products is expected to drive the sales of emulsified shortenings.

The companies are trying to develop lactose-free, gluten-free, trans-fat free, and naturally produced emulsified shortenings to attract consumers. As awareness is increasing, consumer preferences are changing. In recent years, the demand for gluten-free and clean label products is increasing among consumers. Thus, the manufacturers in the food industry are estimated to opt for the emulsified shortenings that are aligned with the consumer requirements.

Emulsified Shortenings Market: Regional Analysis

The rising demand for confectionery and bakery products in the Asia Pacific region is expected to create an opportunity for the emulsified shortenings market. The increase in urbanization and disposable income has improved the living standards of the population. The high youth population and the preference for convenience are some of the drivers for the increase in demand for the bakery and confectionery products in the Asia Pacific region.

The bakery industry is well established in North America and Europe region. The manufacturers of the emulsified shortenings have the opportunity to improve their marketing strategies to attract their consumers.

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Emulsified Shortenings Market: Key Participants

Some of the key market players in the emulsified shortenings market are:

  • Cargill, Incorporated
  • Bunge Limited
  • Mallet & Company, Inc.
  • Lonza Group AG
  • Palsgaard
  • Archer Daniels Midland Company

The research report presents a comprehensive assessment of the emulsified shortenings market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as form, source, distribution channel, and end-use.

Key Segments Profiled in the Emulsified Shortenings Market Survey

By Form:

  • Dry
  • Powder
  • Pellets
  • Liquid

By Source:

  • Plant-based
  • Animal-based

By End Use:

  • Food Processing
  • Bakery
  • Confectionery
  • Dairy
  • Desserts
  • Foodservice/HoReCa (Hotels/ Restaurants/ Café)
  • Household

By Sales Channel:

  • Direct Sales/ B2B
  • Indirect Sales/ B2C
  • Hypermarkets/ Supermarkets
  • Wholesalers
  • Convenience Stores
  • Specialty Stores
  • Online Retailers

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Frequently Asked Questions

  • What is the sales forecast for emulsified shortenings in the global market until 2032?
  • Which region is forecast to be the most lucrative for emulsified shortenings market growth?
  • Which are some leading emulsified shortenings manufacturers?

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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:

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Frozen Yogurt Market Landscape Assessment by Type, Opportunities And Higher Mortality Rates by 2032

The global frozen yogurt market is expected to reach a market valuation of USD 2.1 Bn by the year 2022, accelerating with a CAGR of 3.7% by 2022-2032.

Frozen yogurt is a frozen dessert which is made up of yogurt and at times other dairy products are also used. The prime ingredient of frozen yogurt are milk fat, milk solid, sweetener (artificial sweetener such as aspartame is used) and culture of yogurt. Frozen yogurt are also known as frogurt. Frozen yogurt was originated in America and now it’s popular all over the world. Frozen yogurt are generally tarter than ice-cream and is also very much low in fat because of the use of milk instead of cream. It is a conventional soft serve but is very different from ice- cream. It is also termed as low fat light ice-cream.

Unlike the normal yogurt, frozen yogurt is not regulated by FDI. There is a misconception in people that frozen yogurt is a probiotic, but it’s not always true, frozen yogurt may or may not contain live and active bacteria cultures in it. Frozen yogurt also contains vegetable additives such as guar gum, carrageenan, etc. and animal gelatin to stabilize the yogurt which reduces the crystallization of yogurt when it is kept in low temperature.

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Market Regional Outlook:

Regional segment for the market of frozen yogurt is segmented into seven different regions: North America, Latin America, APAC, Europe and MEA. Among these region North America is expected to have the major market share globally. Europe has also emerged as a prominent market for frozen yogurt, as the popularity of frozen yogurt is increasing in the countries like France, U.K. and Germany, which is expected to fuel the growth of frozen yogurt.

Market Drivers:

Consumers are more health conscious these days, they tend to consume desserts that are low in fat and has minimal amount of sugar, and frozen yogurt becomes the best alternative to unhealthy desserts as frozen yogurts fulfill both the requirements of consumers, and these factors are expected to drive the market of frozen yogurt. Another factor which is anticipated to boost the sales of frozen yogurt is the distribution of these products through online channels, as online retailers offers a wide variety of frozen yogurt.

Moreover, online stores offer frozen yogurt with lucrative offers or coupons. All these benefits combined are expected to act as positive factors driving growth of the global frozen yogurt market over the forecast period. The frozen yogurt market is also driven by the love for refreshing ice-cream alternative by the kids. Kids prefer chilled desserts in the summer seasons and frozen yogurt is a perfect answer to their demands. Moreover, increasing penetration of organized players ensures a highly competitive market scenario, and results in launch of an increasing variety of frozen yogurts, which is expected to boost overall growth of frozen yogurt globally to a substantial extent over the forecast period.

Market Key Players:

Some of the key players in frozen yogurt market includes Menchie’s Frozen Yogurt Company, Pinkberry, Honey Hill Farms, Scott Brothers Dairy, Red Mango, Inc., Yogurtland Inc., Gujarat Cooperative Milk Marketing Federation Ltd., TCBY, and Nestle among others.

Frozen Yogurt Market By Category

By Product Type, Frozen Yogurt Market is Segmented as:

  • Dairy Based
  • Non-Dairy Based

By Fat Content, Frozen Yogurt Market is Segmented as:

  • Full Fat
  • Low Fat
  • No Fat

By Flavor, Frozen Yogurt Market is Segmented as:

  • Chocolate
  • Strawberry
  • Banana
  • Pineapple
  • Mango
  • Lemonade
  • Peach
  • Other Flavors

By Sales Channel, Frozen Yogurt Market is segmented as:

  • Offline Sales Channel
  • Supermarkets/Hypermarkets
  • Departmental Stores
  • Convenience Store
  • Other Sales Channel
  • Online Sales Channel
  • Company Website
  • E-commerce Platform

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Frequently Asked Questions

  • How much is the Frozen Yogurt Market Currently Worth in 2021?
  • What is the Growth Rate Of The Frozen Yogurt Market over the Projected Time?
  • What is the Anticipated Market Value of the Frozen Yogurt Market Over the Forecast Period?
  • Which Region is Inferred to Drive the Frozen Yogurt Market By 2032?
  • Who are the Top Players Dominating the Frozen Yogurt Market?

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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

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Halal Ingredients Market Size, Share, Future Roadmap, Technological Innovations & Growth Forecast To 2032

The global halal ingredients market is expected to witness growth at a CAGR of 4.9% in the forecasted period and to be valued at more than USD 436.2 Bn by 2032, while it is valued at US$ 327.4 Bn in 2022.

Even though Muslims will continue to be a minority in North America and Europe, they will make up a growing proportion of the total population. The Muslim population in Europe is expected to grow by nearly a third to 59.4 million by 2030. At the same time, North America’s Muslim population is expected to more than double, increasing the sales of halal ingredients in these markets. The term halal is gaining a lot of recognition lately as GCC countries promote the Islamic culture and food practices.

The world’s growing and large Muslim consumer market will continue to fuel the halal industry’s escalating growth, opening up an array of halal market opportunities. Growing awareness of Muslim consumers’ religious obligations has also increased the demand for halal services and products. Muslims’ demographics have shifted dramatically in recent years.

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The rising trend of using cruelty-free products is fueling the growth of the halal ingredients market in Europe and other developed economies, fueling global halal ingredients market expansion.

Key Takeaways from Market Study

  • The halal ingredients products market is expected to expand its roots in the global market at a CAGR of 4.9% over the forecasted period.
  • Among the end-use segment, the food & beverage industry is dominating the segment holding around 61.2% of the revenue and it is likely to grow with a CAGR of 4.1% over the forecasted period.
  • The North American halal ingredients market is valued at USD 84.1 Bn in 2022 and it is expected to grow with CAGR of 5.4% over the forecast period 2032.

“The rising Muslim population globally, non-Muslim population choosing the halal products together has surged the growth of halal ingredients.” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of global halal ingredients market are majorly focusing on research & development in order to develop innovative and unique product offering. In addition to this these key players in the halal ingredients market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and also to increase the existing production capacity.

  • In June 2021, Merck, a global leader in science and technology, introduced its entire cosmetics portfolio including the Candurin® pharmaceutical and food portfolio, has been certified in accordance with several internationally recognised halal standards.

As a result, Merck’s halal-certified product portfolio has expanded to include halal-certified special effect pigments, food colorants, and cosmetic ingredients.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global halal ingredients products market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Global Halal Ingredients Market by Category

By End-Use, Global Halal Ingredients Market is segmented as:

  • Food Ingredients
    • Sauces and marinades
    • Thickening agents
    • Sugar substitutes
    • Flavors
    • Other
  • Beverage Industry
    • Coffee
    • Tea
    • Concentrated beverages and juices
    • Soft drinks
    • Health and nutritional drinks
  • Cosmetic Industry
    • Body and skin care
    • Oral care
    • Fragrance
    • Hair care
  • Pharmaceutical
    • Active Pharma Ingredients
    • Excipients

By Region, Global Halal Ingredients Market is segmented as:

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

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Frequently Asked Questions

  • How much is Global Halal Ingredients Market worth?
  • What is the biggest region in Halal Ingredients Market?
  • Who are the key players involved in the Global Halal Ingredients market?
  • What is the biggest market for Global Halal Ingredients market in Asia?

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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.

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T: +1-845-579-5705

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Hydrolyzed Starch Market – Growth, Statistics, by Application, Production, Revenue & Forecast To 2032

The global hydrolyzed starch market was valued at $12.4 billion in 2022 and is expected to grow at a CAGR of 5.7 percent in terms of revenue between 2022 and 2032, reaching $21.8 billion by 2032.

Hydrolyzed starch is an artificial sugar alcohol produced from starch. It is derived from corn starch and other raw materials such as rice, wheat or potato starch. Hydrolyzed starch is used as an ingredient in many food preparations. It provides texture and volume and can also be used as a humectant to retain moisture.

Hydrolyzed starch is also known to have a laxative effect. It does not occur naturally in vegetables and fruits, so it is prepared artificially. It is widely used as a main ingredient in low-calorie foods and sugar-free candies and is commercially sold as a sugar alcohol. Other foods that use hydrolyzed starch include chewing gum, ice cream, baked goods, jams, and spreads.

Hydrolyzed starch is mainly used as a sweetener. Artificial sweeteners, such as hydrolyzed starch, are gaining popularity due to growing consumer demand for low-calorie foods.

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Growing consumer demand for low calorie foods to drive market growth

Hydrolyzed starch has become an essential ingredient in foods and beverages, primarily because of its nutritional, sensory and functional properties. In recent years, the production and application of hydrolyzed starch has increased rapidly. The food industry is increasingly replacing sugar with hydrolyzed starch-based sweeteners. High demand in the confectionery industry is expected to act as a key driver for the market. Approval from regulatory agencies such as FDA and EFSA for the use of hydrolyzed starch as a food ingredient has significantly boosted the market. Food service companies are leaning towards hydrolyzed starch-based sweeteners to meet consumer demand for low-calorie foods.

Key Players in Global Hydrolyzed Starch Market:

Key players operating in the global hydrolyzed starch market are Lyckeby, Cargill Inc., BASF, DowDuPont, Lanxess Aktiengesellschaft, Mitsui Chemicals, Shell International, Covestro, Stepan Company, Sweetener Products Company, SPI Polyols, Inc., Roquette America Inc. . ., Tereos Starch & Sweeteners, Archer Daniels Midland, Tongaat Hulett Starch and Ingredion et al.

Key Advances in Hydrolyzed Starch Global Market:

The hydrolyzed starch market is expected to grow significantly in the coming years. The expanding food industry will drive the overall growth of the market. Several product launches have been witnessed in the past decade. For example, in November 2016, Ingredion, an Illinois-based ingredient supplier, launched SWEETIS using hydrolyzed starch as its primary sugar alcohol. SWEETIS offers a sugar-like taste with fewer calories. Likewise, new sweetener products have been launched across Asia Pacific in recent years.

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Opportunities for hydrolyzed starch participants:

The pharmaceutical segment is expected to register a healthy CAGR in the market. Hydrolyzed starch is used as a body agent in numerous pharmaceutical applications such as tablets and syrups. Suppliers can capitalize on the production of hydrolyzed starch-based products for use in pharmaceutical applications.

In the United States, hydrolyzed starch is recognized as GRAS (Generally Recognized as Safe) by the Food and Drug Administration (FDA). Therefore, there is an opportunity for suppliers who want to enter the market.

In Europe, about half of food service companies offer processed foods using wheat-based hydrolyzed starches, such as maltodextrin and glucose syrup. Demand for wheat-based hydrolyzed starch in Europe remains strong and the same trend is expected throughout the forecast period.

A brief approach to research:

A modeling-based approach and triangulation methodology will be followed to estimate the data covered in this report. Following a detailed market understanding and evaluation of the applications, types, forms, and end uses of the product segments covered in the study, a demand-side approach is taken to estimate and cross-reference revenues for the target product segments. With a supply-side valuation of the value generated over a predefined time period. Statistics and data are gathered at the regional level, and aggregated and synthesized globally to estimate overall market size.

Hydrolyzed Starch Market – Market Segmentation:

The Naturally Hydrolyzed Starch Market is segmented into:

  • essential
  • traditional

By Function, the Hydrolyzed Starch Market is segmented into:

  • sweetening
  • moisturizer
  • texturizing

On the basis of end use, the hydrolyzed starch market is segmented into:

  • bakery
  • confectionery
  • dairy
  • Jam and Spread
  • drink
  • medicine
  • Other

By Source, the Hydrolyzed Starch Market is segmented into:

  • rice
  • wheat
  • potato
  • Other

On the basis of form, the hydrolyzed starch market is segmented into:

  • powder
  • coarse particles
  • granules

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Hydrolyzed Starch Market – Market Segmentation

By Nature, the Hydrolyzed Starch market is segmented into:

  • Organic
  • Conventional

By Functionality, the Hydrolyzed Starch market is segmented into:

  • Sweetening
  • Moisture Retainer
  • Texturizing

By End-use, the Hydrolyzed Starch market is segmented into:

  • Bakery
  • Confectionary
  • Dairy
  • Jams and Spreads
  • Beverages
  • Pharmaceuticals
  • Others

By Source, the Hydrolyzed Starch market is segmented into:

  • Rice
  • Wheat
  • Potato
  • Others

By Form, the Hydrolyzed Starch market is segmented into:

  • Powder
  • Coarse-Grain
  • Granulated

Frequently Asked Questions

  • What is the anticipated growth of the hydrolyzed starch market until 2032?
  • Which region is forecast to be the most lucrative for hydrolyzed starch market growth?
  • Which are some prominent hydrolyzed starch manufacturers?

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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.

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Restaurant Takeout Market High State Of Affairs, SWOT Analysis, Business Summary & Forecast 2032

The restaurant takeout market is expected to reach US$ 4,024.9 billion in 2032 from US$ 2,199.4 Billion in 2022, with a CAGR of 8.3% from 2022 to 2032.

The global impact of the Covid-19 pandemic may have accelerated restaurant takeout market growth, but what made it possible has been the recent proliferation of delivery models and fleet types: delivery from the store, curbside pickup, delivery from robotic warehouses, and so on.

With all restaurant takeout market opportunity comes a lot of competition, so restaurants, grocers, and other food providers must stay on top of what’s going on in the restaurant takeout market.

Increased urbanisation, increased internet usage worldwide, expansion of fast-food chains, and increased household restaurant takeout expenditure have all contributed to the restaurant takeout market growth along with restaurant takeout market key trends and opportunities.

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Emerging multicultural populations, increased use of online media, online market place convenience, and restaurant takeout market consolidation are some of the restaurant takeout market adoption trends and restaurant takeout market future trends.

Barriers to entry into the restaurant takeout market are due to high logistical complexities, as well as the time-consuming development and implementation of systems that accept orders online, which are among the major challenges in the restaurant takeout market and restaurant takeout market key trends and opportunities.

For newcomers to the restaurant takeout market, getting things up and running can be very costly and time-consuming, which influences the emerging trends in the restaurant takeout market.

Key Takeaways:

  • Europe has a restaurant takeout market share of 19.7% in the restaurant takeout market.
  • The independent foodservice segment of the restaurant takeout market has the largest market share of 62.5% in the business type category through 2032.
  • East Asia has a restaurant takeout market share of 31.2% in the restaurant takeout market.
  • The platform-to-consumer segment of the restaurant takeout market is expected to outperform the purchase model category through 2032.
  • North America has a restaurant takeout market share of 23.3% in the restaurant takeout market.
  • Latin America has a restaurant takeout market share of 8.9% in the restaurant takeout market.
  • The restaurant takeout market is dominated by South Asia, with a share of 11.3%.

Competitive Landscape:

New market research report on restaurant takeout shows that the legacy players in the restaurant takeout market are concentrating on delivering solutions that meet specific needs, such as the installation of various technologies and the update and extension of current systems that will boost the restaurant takeout market key trends & opportunities.

The restaurant takeout market is dominated by Denny’s, Bob Evans, Biscuitville, Another Broken Egg Café, The Original Pancake House,               First Watch, Village Inn, Huddle House, Perkins, Manchu Wok, HuHot Mongolian Grill, Mama Fu’s, Panda Express, Spaghetti Warehouse, Fazoli’s,appadeaux Seafood Kitchen.

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Recent Development in the Restaurant Takeout Market:

  • In partnership with Beyond Meat, KFC (Yum! Brands, Inc.) became the first national U.S. quick service restaurant to test plant-based chicken in 2019. In collaboration with Beyond Meat, KFC introduced “Beyond Fried Chicken,” a plant-based chicken that debuted in a limited test series.
  • In 2019, Dubai retailer Marka announced the opening of its first Deli Kitchen Restaurant in Dubai’s Design District, with the goal of providing free delivery to the Design District’s offices via WhatsApp ordering.
  • Google announced in July 2020 that it had begun testing food delivery services in India, allowing customers to place orders directly through Google’s search engine. Dunzo, a third-party platform in the process of upgrading its systems, is expected to deliver. The feature is already available in the United States at orderfood.google.com, and users can use voice assistants to place orders.

Key Segments

By Meal Type:

  • Breakfast
  • Brunch
  • Lunch
  • High Tea
  • Dinner

By Nature:

  • Vegetarian
  • Non Vegetarian
  • Vegan

By Payment Type:

  • Cash
  • Debit Cards
  • Credit Cards
  • Digital Wallets
  • Electronic Bank Transfers

By Business Type:

  • Chained Foodservice
  • Independent Foodservice

By Purchase Model:

  • Direct-To-Consumer
  • Platform-To-Consumer

By Region:

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

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Frequently Asked Questions

  • What is the CAGR of the Restaurant Takeout Market?
  • Which is the Leading Region in the Restaurant Takeout Market?
  • Which Segment Leads in the Restaurant Takeout Market by Business Type?
  • What is the Growth Estimated for the Restaurant Takeout Market by 2032?
  • Which are the Top 3 Leading Countries in the Restaurant Takeout Market?

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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

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Cultured Meat Market Share, Revenue and Average Price by Manufacturers Shared in a Latest Research Report by 2032

The global cultured meat market is set to witness cultured meat market growth at a CAGR of 18.7% and top a valuation of US$ 22.6 Billion by 2032.

The COVID-19 pandemic is wreaking havoc on the food and beverage industry, with sales of cultured meat expected to suffer. Cultured meat is a rapidly growing cultured meat market, and it is primarily produced using a microbiological process.

Following the end of the coronavirus disease outbreak, consumer food demand for cultured meat and lifestyle may have a significant impact, which is likely to be a significant factor in the demand for cultured meat.

The COVID-19 disease pandemic would have a moderate to high impact on the cultured meat market.

Sustainable food sources are ramping up in demand for cultured meat, which cultured meat is gaining much attention due to its unique product feasibility and innovative production process.

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But as of now, only Singapore has approved the sale of cultured meat products, followed by the US and some other developed countries in the cultured meat market key trends and opportunities.

The rise in animal welfare and environmental awareness is expected to increase the demand for cultured meat.

Recently, commercial production of cultured meat has met the increasing demand for cultured meat while reducing the strain on traditional meat sources, which is expected to benefit animal welfare.

Although the cultured meat market is expected to grow significantly, the high cost of production remains a major challenge for cultured meat market participants and influences the cultured meat market adoption trends.

While the product has immense cultured meat market opportunities as an emerging field, support from countries with smaller facilities and small-scaled laboratories as well can help to adapt the product in a more well-structured way which boosts the cultured meat market key trends and opportunities.

According to research, a record USD 4.1 Billion was invested globally into alternative proteins in the year 2020 only, which is 3x the capital raised in 2019. This pace is giving a boost to the cultured meat market future trends with soaring demand for cultured meat.

Key Takeaways from Market Study

  • The cultured meat market is worth of US$ 4.1 Billion sales in 2022.
  • The cultured meat market is expected to expand at CAGRs of 18.7% through 2032.
  • Global demand for cultured meat is projected to grow year-on-year (Y-o-Y) growth of 12.7% in 2022.
  • The cultured meat market is growing with a notable boost towards the production to reach USD 22.6 Billion by 2032.
  • Innovating formulations, research patenting, and sustainability are the factors driving cultured meat market growth to be the influencing factors among consumers, which is driving sales of cultured meat across global cultured meat market.
  • Demand for cultured meat grew at 11.8% CAGR between 2017 and 2021.
  • Upside Foods (Memphis Meats), Nutreco, Merck KGaA, GOOD Meat (Eat Just, Inc.), and Aleph Farms Ltd are expected to be the top players in the cultured meat market.
  • Poultry-based meat type segment of cultured meat are in heavy demand for cultured meat carrying a notable cultured meat market share.

“The focus of key brands operating in cultured meat market for the next decade will be based on modest market penetration with proving commercial viability, while the manufacturers must assuage potential concerns around the novel food to succeed in the industry, and consumers will look after brands for delivering deliciousness at the right price,” says a Future Market Insights analyst.

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Competitive Landscape

Since the demand for cultured meat is increasing, particularly in developed countries, cultured meat producers are gaining a competitive advantage in the cultured meat market.

Cultured meat is one of the most important research projects in the last decade, and it is about to hit the cultured meat market with greater potential. This is further enhancing the global cultured meat market’s favourable market scenario.

Upside Foods (Memphis Meats), Nutreco, Merck KGaA, GOOD Meat (Eat Just, Inc.), Aleph Farms Ltd, Redefine Meat Ltd., Matrix Meats, Mosa Meat, MEATABLE B.V., Tyson Foods, Inc., and others are among the major players of the cultured meat market.

  • The global protein giant, JBS Foods has acquired BioTech Foods, while investing a whooping USD 100 Million in 2021 to enter into the cultivated meat industry and to build an R&D (research and development) center in Brazil. With the focus on production of cultured meats with developing biotechnology, the Spanish biotech company is becoming another leader in the cultured meat market space.

Cultured Meat Market By Category

By Meat Type:

  • Poultry
  • Pork
  • Beef
  • Seafood
  • Others

By Application:

  • Food Services Industry
  • Pet Food Industry
  • Others

By Region:

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

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Frequently Asked Questions

  • How much worth is the Cultured Meat Industry?
  • At what CAGR is the Market expected to Expand through 2032?
  • How was the Performance of Cultured Meat been over the past half-decade?
  • What will be the Market for Cultured Meat worth in 2032?
  • Who are the Key Players Operating in the Market?
  • Which are the Top Countries Driving the Cultured Meat Market Demand?
  • What are the Key Factors Affecting the Cultured Meat Market Growth?

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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

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Seafood Takeout Market Projected to Record Highest CAGR 6.50% by 2022 to 2032

The seafood takeout market is expected to escalate at a CAGR of 6.50% from USD 31.1 Billion in 2022 to USD 51.3 Billion through 2032.

The COVID-19 pandemic has benefited the global seafood market as more people have taken up home cooking and retail purchasing. As online markets have become the primary outlets for fish and seafood, the demand for seafood takeout has increased, particularly during the lockdown. The availability of ready-to-eat seafood has helped the seafood market to remain stable during the pandemic.

COVID-19 has caused key changes in the seafood takeout market trends, business across the seafood supply chain faced unclear operating conditions during the lockdown, with governments providing unprecedented levels of assistance to employees and businesses. However, businesses had no concrete idea when export and UK foodservice markets would reopen.

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Market growth has been attributed to consumer awareness of the health benefits of seafood and a change in lifestyle. Non-vegetarian consumers are gradually changing their lifestyle and significantly following pescetarianism. Pescetarianism refers to vegetarian food and seafood, but no meat, such as beef, pork, or chicken.

The trend towards pescetarianism and the availability of high-quality seafood like sushi, as well as the increasing consumer spending on seafood dishes are some of the main factors contributing to the growth of the seafood takeout marketboosting the demand for seafood takeout.

Fresh seafood uses a majority of the market due to its health benefits, and it is highly preferred by consumers as a result of sedentary lifestyles and rising income levels, as well as an escalating awareness about health and wellness.

Increasing consumer awareness of the living conditions in cattle farms and the increased demand for alternatives have also contributed to this shift. Furthermore, as meat and meat products often contain harmful pesticides and chemicals, their high consumption can be unhealthy, thus consumers are seeking alternative foods.

As a result of the disappearance of sea species, the market has been hampered; however, sustainable fishing may provide a solution to resolve the environmental issues and make the market more environmentally, economically, and socially sustainable.

About 80 percent of the total catch of the United States Commercial Fisheries and Seafood Industry are consumed as human food, which proves to have a significant demand for seafood takeout across these countries. Additionally, together with manufacturers, even retailers are introducing their own seafood brands as a part of strategies to expand their markets, like Walmart.

Asian economies, such as China and India, are making well known fish related cuisines across the world. This is being reflected by the wide range of fish related dishes on offer at restaurants across the region that are cashing in on the seafood takeout markets key trends & opportunities.

KEY TAKEAWAYS:

  • In the United States, the seafood takeout market is estimated to reach US$ billion by 2032, rising at a CAGR of 39.8% throughout the forecast period.
  • By 2032, the seafood takeout market in the United Kingdom is expected to be valued US$ million, with a CAGR of % through 2032.
  • With a CAGR of % throughout the forecast period, China is expected to reach a market size of US$ million in seafood takeout market by 2032.
  • By 2032, the seafood takeout market in Japan is estimated to be worth US$ million, growing at an annual rate of % through 2032.
  • With a CAGR of % throughout the forecast period, South Korea is predicted to reach a market size of US$ million in seafood takeout market by 2032.

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COMPETITIVE LANDSCAPE:

Grupo Nueva Pescanova, Marine Harvest ASA, Leigh Fisheries Ltd., are three of the most successful companies generating revenue from the seafood takeout market.

Players operating in the market have been focusing on further increasing their product offerings, through producing a wider variety of seafood products, such as fillets, portions, rings, etc. Additionally, the product portfolios of players are dominated by fillets and portions due to the high consumer demand for seafood takeout from these countries, since these products are extensively used in foodservice and retail.

These collaborations with digital marketing and other companies have also helped companies to improve their supply chain and management efficiency. As well as helping retailers to trust the products and secure the farming for long-term expansion & development of the seafood takeout of the industry. Mergers and acquisitions, followed by expansion, are some of the most preferred strategies among the seafood industries globally.

RECENT DEVELOPMENT:

  • Pacific launched a value-added seafood product for Amazon Go in May 2021, and Amazon is partnering with them to create around 20 value-added seafood products quarterly for their Amazon Go stores, which number 29 now – with more to come.
  • The Nissui company developed a new type of frozen food with a natural thawing process at room temperature in June 2021. You simply select a portion in a cup and place it in your lunchbox, contributing to the growth of the seafood takeout market.
  • Since the early 90s, Asia Pacific has become one of the most prolific markets for food service restaurants due to the opportunities facilitated by the developing economies. Additionally, in recent years, the application of online ordering has been increasing at a rapid pace, thus giving restaurants a chance to expand their sales channels & revenue, creating higher adoption rate of the seafood takeout market.

Key segments

By Product Type:

  • Shrimp
  • Tuna
  • Salmon
  • Pollock
  • Catfish
  • Tilapia
  • Crab
  • COD
  • Clams
  • Others (Flatfish, Oysters, Mussels, lobster)

By Restaurants Type:

  • Quick service restaurant
  • Full-service restaurant
  • Cafés and bars
  • Street food

By Business Type:

  • Chained foodservice
  • Independent foodservice

By Purchase Model:

  • Direct-to-consumer
  • Platform-to-consumer

By Payment Type:

  • Cash
  • Debit cards
  • Credit cards
  • Digital Wallets
  • Electronic bank transfers

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa
  • Emerging Countries (30 Country Wise Data Analysis)

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Frequently Asked Questions

  • What is the CAGR of the seafood takeout market?
  • Which is the Leading Region in the seafood takeout market?
  • Which Segment Leads in the seafood takeout market?
  • What is the Growth Estimated for the seafood takeout market by 2032?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant based market 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

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

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