Market Research Blog

The global gut health supplement market is valued at USD 12,304.7 million in 2023 and is set to witness impressive growth during the forecast period. The market is projected to expand at a CAGR of 8.3% during the assessment period, reaching a valuation of USD 27,312.0 million in 2033.

The gut health supplement market is set to witness robust growth during the forecast period. This is attributable to the increasing consumer awareness of the importance of gut health and its impact on overall well-being.

Changing dietary patterns and the prevalence of processed foods have increased digestive issues and gut-related disorders. To address this issue, people look for natural and practical solutions to support their digestive health. This is expected to drive demand for gut health supplements.

The rising geriatric population is also creating growth opportunities for gut health supplement manufacturers. Aged individuals often experience age-related changes in digestion and may require supplements that support gut health and nutrient absorption.

There has been an increasing interest in products like prebiotics and probiotics. This is due to growing health awareness and increasing popularity of preventive healthcare. This will play a key role in boosting the growth of the gut health supplement market.

The rise in antibiotic usage has led to a greater need for probiotics and other gut health supplements to restore and maintain a healthy microbial balance. This is anticipated to bolster sales of gut health supplements through 2033.

North America dominates the market for gut health supplements. At the same time, Asia-Pacific is anticipated to witness high demand due to key participants adopting strategies such as introducing their brands in untapped economies of Southeast Asia.

Key Takeaways from the Report: 

• The global gut health supplement market is expected to reach a valuation of USD 27,312.0 million in 2033

• The market is expected to surge at a CAGR of 8.3% over the forecast period.

• The United States is projected to reach a valuation of USD 12,304.7 million in 2023.

• The capsules segment is the most popular form and is expected to hold a market share of 31.0% in 2023.

• Germany is estimated to surge at a CAGR of 7.1% during the forecast period.

The chocolate confectionery market is expected to be worth USD 156.2 billion in 2024. By 2034, the market is projected to be valued at USD 303.9 billion. The consumption of chocolate confectioneries is likely to expand at a CAGR of 6.90% from 2024 to 2034.

The industry is witnessing a spike in sales of chocolate confectionery due to the growing demand for indulgent treats and the rise in consumer preferences for artisanal and gourmet flavors. Chocolate confectioneries are also gaining impetus due to their familiarity and the nostalgic feeling among the youth and adults.

Apart from individual consumption, chocolate confectioneries also find their applications in a wide spectrum of industries. They are used in the baking and pastry industry to create a wide range of products, including cakes, brownies, cookies, pastries, etc. Their demand in the artisanal chocolate manufacturing industries has contributed significantly to the global chocolate confectionery market. Its versatile nature makes it a suitable choice in the hospitality sector for crafting exquisite desserts and enhancing the overall culinary experience.

There is a considerable demand for milk chocolates in the general population due to their smooth and creamy texture, making it a favored choice for consumers of all ages. As compared to other confectioneries, milk chocolates are more affordable. This makes it available in every nook and corner of the world, cementing its dominance in the chocolate confectionery market. Market players are incorporating innovative flavors and textures in their products to cater to the rising consumer demand for chocolates.

Key Takeaways from the Chocolate Confectionery Market

• Milk chocolates command a substantial market share of 46.40% in 2024, emerging as the predominant choice in the chocolate confectionery market.
• In 2024, chocolate bars secured a robust market lead, claiming a share of 31.70% of the chocolate confectionery market.
• The chocolate confectionery market in China is predicted to grow at a remarkable CAGR of 9.10% through 2034.
• The chocolate confectionery market in India is projected to rise at a whopping 8.60% CAGR through 2034.
• The chocolate confectionery market in Brazil has the potential to increase at a 7.80% CAGR through 2034.
• Indonesia’s chocolate confectionery market is expected to rise at a 7.20% CAGR through 2034.
• The chocolate confectionery market in Mexico is predicted to grow at a CAGR of 6.30% through 2034.

“Key players in the chocolate confectionery market are introducing new flavors to make their products more appealing to consumers. In the last few years, sugar-free options, eco-friendly packaging, and sustainable sourcing of cocoa have been shaping the evolving landscape of the chocolate confectionery market,” Says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Competitive Landscape in the Chocolate Confectionery Market

The chocolate confectionery market is filled with numerous players who, over the years, have gained a loyal consumer base. To stay in this competition, these brands have adopted effective marketing strategies and have successfully penetrated every part of the world. These brands ensure that they keep up with changing consumer preferences, which is evident from their introduction of new varieties that cater to specific consumer groups. New entrants, however, have to deal with challenges such as low profit margins, limited market reach, and lack of financial resources to stay relevant in this cut-throat competition.

Key Companies

• Mars, Incorporated
• Mondelez International
• Ferrero Group
• Nestlé
• Meiji Co. Ltd.
• The Hershey Company
• Lindt & Sprüngli AG
• Lotte
• Pladis
• Glico Group

Recent Developments in the Market

• In September 2023, Nestle acquired a majority stake in premium chocolate business Grupo CRM in Brazil through a significant deal with Advent International, solidifying its position as a key player in the South American chocolate market.
• Bühler, the Swiss technology group, announced the launch of a food innovation hub in Uzwil, Switzerland, in November 2023, providing advanced chocolate confectionery product development facilities.
• In May 2023, Dharampal Satyapal Group (DS Group) strengthened its presence in the Indian chocolate and confectionery market by acquiring The Good Stuff, the owner of the LuvIt brand.

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Market Segmentation

By Product type:

• Boxed
• Chocolate Bars
• Chips & Bites
• Truffles & Cups
• Others

By Form:

• Milk
• Dark
• White

By Distribution Channel:

• Supermarkets & Hypermarkets
• Convenience Stores
• Online
• Others

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The global pasta and noodles market size was USD 81,910.2 million in 2023. Over the next ten years, the demand for pasta and noodles is forecasted to rise at a CAGR of 3.4%. By following this moderate growth rate, the overall market value is expected to reach USD 117,861.7 million by 2034 from USD 84,203.6 million in 2024.

The global demand for pasta and noodles is rising as a quick and easy dinner alternative aligning well with consumers’ fast-paced lifestyles. They are gaining popularity as easily accessible and adaptable staple dishes because of their versatility in cooking and simple preparation methods. In addition to this, pasta and noodles also offer consumers an affordable option without sacrificing flavor or delight during odd times.

“The global demand for pasta and noodle products surged during the pandemic, and this change in consumer behavior is expected to drive the market. Many new market payers have also started targeting region-specific consumers by experimenting with different combinations of ingredients and flavors popular in the local trends,” -says Nandini Roy Choudhury ( client Partner for Food and Beverages at Future Market Insights, Inc.)

Key Takeaways from the Global Pasta and Noodles Market Study Report

• The United States dominates the market in North America and is forecasted to grow at a 3.2% CAGR over the forecast period.
• The European market is expected to be driven by the rising sales of pasta and noodles in the United Kingdom. The market is expected to rise at a 4.9% CAGR through 2034.
• China is regarded as a global supplier of pasta and noodles, and its regional market is expected to grow at a 4% CAGR till 2034.
• India is emerging as a lucrative market for sales of pasta and noodles in recent years, with an estimated CAGR of 4.4% from 2024 to 2034.

Competitive Landscape for Pasta and Noodles Market Players

The overall market is diversified and highly competitive owing to the presence of a great number of pasta and noodles suppliers at various levels. Established players promote their brand by giving customers access to seasonal and limited-edition pasta and noodle options in response to holidays, seasons, or festivals.

Recent Developments by the Pasta and Noodles Market Players

• In June 2021, Caulipower LLC declared to launch a new frozen pasta product line that is made entirely of cauliflower and is free of gluten. Caulipower also claims that their linguine and pappardelle variants of this new pasta have half the sugar content of conventional pasta and 48% more fiber compared to other popular gluten-free pasta products.
• In January 2023, WickedGud, a D2C health food business, introduced instant noodles that are created with the benefits of oats, lentils, whole wheat, and brown rice. This new product line of nutritious instant noodles is produced without the use of edible vegetable oil, palm oil, or palm olein and is 100% free of artificial chemicals. The company has currently released three distinct seasoning ranges, i.e., curry, schezwan, and masala for the Indian market. Furthermore, the company claims to have prepared this novel product using the revolutionary SCAD (steaming and convection air drying) technology.

Key Players Profiled in the Pasta and Noodles Market Report

• Barilla Group S.p.A.
• Delverde Industrie Alimentari S.p.A.
• Nestlé SA
• ITC
• The Kraft Heinz Company
• Unilever PLC
• Toyo Suisan Kaisha, Ltd.
• General Mills, Inc.
• Nissin Foods Holdings Co., Ltd.
• Grupo La Moderna
• Campbell Soup Company
• Bionaturae LLC
• TreeHouse Foods, Inc.
• Ebro Foods, S.A.
• De Cecco Company
• Pastas Gallo Company
• Jovial Foods Inc.
• Windmills Organic
• Borges International Group

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Key Segments Covered in Pasta and Noodles Industry Report

By Product Type:

• Dried
• Instant
• Frozen & Canned

By Ingredient:

• Wheat
• Rice
• Quinoa
• Lentils
• Buckwheat
• Oats
• Alternative flours

By Distribution Channel:

• Business to Business (B2B)
• Business to Consumers (B2C)
  • Hypermarkets/Supermarkets
  • Discount Stores
  • Wholesale Stores
  • Grocery Stores
  • Specialty Food Stores
  • Online Retail Channels
  • Other Distribution Channels

By Packaging Format:

• Flexible Packaging
• Rigid Plastics
• Paper and Board Packaging
• Rigid Metal Containers

By Nature:

• Organic
• Conventional

By Region:

• North America Market
• Latin America Market
• Europe Market
• East Asia Market
• South Asia and Pacific Market
• Middle East and Africa (MEA) Market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global nuts market value is estimated to reach USD 64,272.60 million in 2024. The market is projected to reach USD 104,693.3 million by 2034. The sales of nuts are expected to rise at a CAGR of 5% through 2034.

Consumers are increasingly seeking healthy, nutritious food options and the rising awareness about the health benefits of nuts is driving growth in the market. Patients with cardiovascular disorders and diabetes are also advised to consume nuts for better management of their medical condition.

The on-the-go snacking trend is further fueling the consumption of nuts as they are considered portable healthy snacks. The use of nuts in different dishes like trail mixes, salads, and baked goods is also stimulating product sales. Nuts are used to enrich the flavor as well as the nutrition profile of these preparations for various applications.

The hectic lifestyles of consumers have made nuts a popular choice. Nuts are rich in minerals, vitamins, antioxidants, etc., and fulfill the dietary requirements of individuals. The increasing discretionary incomes of consumers are positively influencing sales of nuts. This can be attributed to a heightened willingness among consumers to spend money on healthier and premium food options.

The rising availability of nuts across eCommerce channels and offline stores is a vital factor driving market growth. Key players offer nuts in different forms like chopped nuts, whole nuts, nut butter, and ground nuts. The appetite for multiple varieties of nuts is rising on account of the soaring popularity of plant-based diets. Vegans and vegetarians invest in nuts to increase their protein intake.

“Players are focusing on sustainable packaging solutions and processes to lower their carbon footprint. Apart from this, they are focusing on product innovation to launch exciting flavors to lure in more customers. Market leaders are projected to find significant growth in European countries, especially Italy,” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways from the Nuts Market Report:

• The Italy nuts market is projected to expand at a CAGR of 5.4% through 2034.

• The markets in Spain and Germany are anticipated to register CAGRs of 4.9% and 4%, respectively, through 2034.

• The United States market is forecasted to rise at a CAGR of 3.6% through 2034.

• The China nuts market is projected to expand at a CAGR of 2.9% over the forecast period.

• Peanuts, as per the latest estimates, is forecasted to acquire a share of 28% in 2024.

• The food processing segment is expected to obtain a share of 32% in 2024.

The canned wine market size is poised to cross USD 643 million in 2024 and is likely to attain a valuation of USD 3,129 million by 2034. The canned wine market share is projected to develop at a CAGR of 17.10% from 2024 to 2034.

Recognizing the allure of customized and hassle-free experiences, some canned wine companies have entered the subscription service market. This methodology ensures consumers receive a consistent supply of properly selected canned wines, boosting brand loyalty and client retention.

Brands intend to generate a constant income stream, improve consumer engagement, and capitalize on the rising trend of personalized and accessible shopping experiences in the alcoholic beverage sector by offering subscription services.

There is a distinct trend toward producing single-varietal canned wines amid the popularity of wine mixes. This thoughtful move enables producers to highlight the different qualities of specific grape varietals, appealing to customers who like nuanced and traditional wine experiences. The emphasis on unique varietals indicates a dedication to authenticity and connoisseurship, which could resonate with wine fans looking for a more refined and distinctive offering in the convenience of a can.

For canned wine manufacturers, embracing environmental strategies in production and packaging is tempting. Businesses can reach out to environmentally sensitive consumers using eco-friendly packaging materials, establishing carbon-neutral manufacturing methods, and discussing sustainability activities. This strategic approach coincides with corporate social responsibility objectives, strengthens brand reputation, and fulfills increasing customer demand for environmentally friendly products, resulting in long-term brand loyalty and excellent market positioning.

“The canned wine market’s trajectory is greatly affected by conventional winemaking processes and a comprehensive understanding of consumer behavior. Successful businesses in this area understand the significance of matching their services with evolving customer expectations, such as the drive for sustainability, premiumization, and the ease associated with alternate packaging. As the industry evolves, smoothly integrating history and innovation will be critical in establishing market leadership and long-term development.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways from the Canned Wine Market Report:

• In 2023, the global market size stood at US$ 554 million.
• The sparkling wine product type segment occupied 23.40% of the market shares in 2024.
• The hypermarket/supermarket sales channel segment captured 43.50% of the market share in 2024.
• The market in the United States is projected to rise at a 10.5% CAGR through 2034.
• The market size in the United Kingdom is anticipated to develop at an 11.6% CAGR through 2034.
• The market in France is estimated to record a growth of 16.5% through 2034.
• Italy is expected to thrive at a 13.2% CAGR through 2034.

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Competitive Landscape:

The competitive environment of the canned wine market is distinguished by a combination of history and innovation, with incumbent competitors using their industry status, newcomers providing agility and creativity, and strategic alliances affecting market positioning. The competitive dynamics are projected to strengthen as consumer tastes shift, compelling market participants to innovate, distinguish, and strategically position their offers to gain a share of the increasing canned wine industry.

Recent Developments Observed by FMI:

• In July 2023, Nomadica, a Los Angeles-based wine company founded by a sommelier known for its can labels designed by artists and commitment to sustainability, announced the arrival of its newest product, Orange.
• NICE, a wine company based in London, announced the launch of its first canned sparkling wine in June 2023. The White Wine product has a 10% ABV and dry, crisp, and effervescent smells, according to NICE. It’s a Spanish Airén from La Mancha, Spain, and comes in a 200ml can.

Key Players in the Canned Wine Market:

• Union Wine Company
• Underwood
• MANCAN Wine
• The Infinite Monkey Theorem
• Lila Wines
• Francis Ford Coppola Winery
• Backpack Wine Co.
• House Wine
• Nomadica
• Electric Sky Wine
• Sans Wine Co.
• Babe Wine
• Coppola Sofia
• JOIY Wine
• Ramona

Canned Wine Market Segmentation:

By Product Type:

• Sparkling Wine
• Still White Wine
• Still Red Wine
• Rosé

By Package Size:

• 250 ml (8.4 oz)
• 375 ml (12.7 oz)
• 187 ml (6.3 oz)

By Sales Channel:

• Hypermarket/supermarket
• Wine Shops and Specialty Stores
• Club Stores
• Liquor Stores
• Online Retail

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific (APAC)
• The Middle East & Africa (MEA)
• Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube