Zero Calorie Chips Market to Exceed US$ 3.77 Bn by 2032 Amid Rising Demand for Healthy Snacks and Surge in Millennials

The global zero-calorie chips market is expected to grow at a CAGR of 6.7% between 2022 and 2032, totaling around US$ 3.77 Bn by 2032. Surge in lifestyle diseases, increasing health awareness, rise in millennial population, and rapid shift towards healthy snacks are some of the key factors propelling sales of zero calorie chips.

Millennial snacking culture worldwide is playing a crucial role in driving the global zero calorie chips market. Young consumers, particularly millennials, are at the forefront of the snacking revolution, with one in every four now reporting that they snack 4+ times per day, compared to 10% of Generation X and baby boomers.

Millennials are driving the market with what’s hot, tying their interest in snacks to other values like demand for label-friendly and organic ingredients, as well as less-processed foods. They also have a taste for adventure in both food and experiences, so they seek out new and unique products, such as salty snacks from other cultures or with bold, spicy flavors.

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Though millennials are ahead of the curve, many of the trends behind snacking transcend generational boundaries, with adult consumers across generations seeking an appropriate diet to help them lose or maintain weight, and increasingly believing that snacking, or smaller meals, is a better approach.

Although there is conflicting evidence about whether eating small meals is truly beneficial for weight management, experts agree that the quality of snacks, such as those containing whole grains, is important. Thus, consumers are shifting their preferences towards healthy snacks like zero calorie chips. This will continue to accelerate growth of the zero calorie chips market.

Consumers today are not substituting convenience for quality, rather they are becoming more mindful snackers, and looking for products that are fresh, healthy, less processed, with simple, natural ingredients.

Key Takeaways from Market Study

  • Based on source, the potato segment is likely to continue dominating the global zero calorie chips market, accounting for around 64.9% of the revenue and it is expected to grow with a CAGR of 5.9% over the forecast period.
  • In terms of price range, medium segment is expected to grow at 6.4% CAGR between 2022 and 2032, holding around 6.4% CAGR over the forecast period.
  • By packaging type, the pouches segment is expected to grow at a CAGR of 3% over the next ten years.
  • The U.S. zero calorie chips market is likely to grow at 9% CAGR over the forecast period.
  • Demand for zero calorie chips in the U.K. is slated to grow at a CAGR of around 2% between 2022 and 2032.
  • The zero calorie chips market in China is expected to grow at a CAGR of around 2%over the forecast period.

“The rising demand for healthy and on-the-go snacks are acting as catalysts for escalating growth of zero-calorie chips market. Besides this, social media is also playing a silent role in advocating the adoption of zero-calorie chips through lifestyle bloggers and dieticians.” says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of global zero-calorie chips market are majorly focusing on research & development in order to develop innovative and unique product offerings. In addition to this, they are also concentrating on mergers, acquisitions and joint ventures to expand their geographical presence and also to increase the existing production capacity. For instance

  • In April 2022, Mondelēz International announced a US$ 1.3 billion deal with Grupo Bimbo to acquire Ricolino, its confectionery business. Ricolino is a growing company that is a market leader in Mexican confectionery.

Explore More Valuable Insights

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

The study offers compelling insights based on Source (Potato, Tortilla, Tapioca), by Distribution Channel (B2B, B2C) by Price Range (Economy, Mid-Range, Premium) by Packaging (Pouches, Box, Combination Pack) and across seven major regions of the world.

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Frequently Asked Questions
What is the current size of the global zero calorie chips market?
At what rate will demand for zero calorie chips grow through 2032?
What is the demand outlook for North America zero calorie chips Market?
Who are the key players operating in the global zero calorie chips market?
At what rate will zero calorie chips demand grow in China?

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.

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Non-GMO Food Products Market Growth Analysis, Strategies, Demands in 2031

Newly released data from the non-GMO food products market analyzed by FMI estimates that the non-GMO food products market enjoys a growth rate of 10.4% at present. The market is expected to witness a prominent growth rate of a CAGR of 13.2% to reach the value of US$ 144,322 Mn in 2031.

The worldwide non-GMO food products market will gain traction as consumer demand grows due to changes in dietary trends like healthy eating, opting for natural food products, etc. This change is driven by an increase in the number of health-related issues and raising awareness of the harmful consequences of eating genetically modified foods.

Rise of smart labels that facilitate instant access to product specific information is another factor that is propelling the growth for transparent non-GMO food manufacturers globally. The market is anticipated to cross a market value of US$ 3.4 Bn by the end of 2031.

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Key Takeaways of non-GMO Food Product Market Study

  • Grains and Cereals will dominate market demand with a multiplying growth rate of 22% through the end of 2029.
  • Bakery & Confectionary products present gainful opportunities with a stupendous growth rate of 19% during the forecast period.
  • Dairy products is another segment that will register a CAGR of 16% from 2019 to 2029.
  • Indirect distribution channels will maintain share-wide and growth-wise dominance throughout the forecast period.
  • North America and Latin America collectively account for more than half of total market value. This can be attributed to the early adopting nature of North American countries and rising millennial population in Latin America.

Consumer Preferences Shape Growth Trajectory

Increase in purchase potential and decrease in production costs is creating remunerative synergy in the market. This is fueled by advancements in packaging and labelling along with proactive consumer participation. Major players are investing in developing consumer communities that support long-term revenue generation.

The non-GMO food products market is dependent on consumer awareness and prevalence of plant-based and vegan diets that require daily consumption of food products manufactured from non-genetically modified organisms.

Who’s Wining?

Competitive landscape in non-GMO food products market is fragmented with the presence of multinationals, niche-manufacturers, and SMEs. Major players that shape the global non-GMO food products market are Cargill, Inc., Associated British Foods Plc, General Mills Inc., Kraft Heinz, Archer Daniels Midland Company, Danone, Nestle S.A., The Hain Celestial Group Inc. Key players in the market are forging strategic partnerships that ensure sustained revenue prospects.

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Market Segments Covered in Non-GMO food products Industry Analysis

By Nature :

  • Organic
  • Conventional

By Product :

  • Grain and Cereals
    • Wheat
    • Soya
    • Corn
    • Others
  • Bakery and Confectionery
    • Bread
    • Pastry
    • Candy
    • Others
  • Beverages
    • Alcoholic Beverages
    • Non-Alcoholic Beverages
  • Dairy Products
    • Yogurt
    • Cheese
    • Ice cream
    • Others
  • Infant Food
  • Condiment, Dressing, & Oil
    • Vegetable Oils
    • Jam, Jellies
    • Syrups
  • Others (Spices, soups, etc.)

By Distribution Channel :

  • Direct Sales/B2B
  • Indirect Sales/B2C
    • Supermarket/Hypermarket
    • Wholesaler
    • Online Retail
    • Specialty Stores
    • Other Retail Format

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 Non-GMO food products market current worth?

Non-GMO food products market size is worth more than US$ 41,510 Mn.

At what CAGR is the market expected to grow?

Non-GMO food products consumption is expected to grow at a CAGR of around 13.2% during the period 2021-2031.

How was the performance in the last five years?

In terms of revenue non-GMO food products grew at a CAGR of around 10.4% during 2016-2020

What are the key trends boosting Non-GMO food products sales?

Non-GMO food products are gaining traction due to concerns over the effect of genetically modified foods on health, advanced technologies, shifting consumers’ preference towards healthy food products are the latest trends of non-GMO food products being observed in the market.

How are market players reacting to the new developments in the market?

Market companies are choosing to aim at research and development, consolidation of distribution channel in emerging countries, new product introductions to stay a noticeable player in the global market.

Which are the major countries driving demand for the Non-GMO food products Market?

The US, Russia, UK, China, Brazil, Germany, India are the major countries driving demand for non-GMO food products.

At what level does the report reflect pricing analysis?

The report presents a detailed cost analysis of non-GMO food products based on products i.e. grain and cereals, bakery & confectionery, beverages, dairy products, infant food, condiment, dressing, & oil, and others.

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:

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T: +1-845-579-5705

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Emerging Trends in Bakery and Confectionary Industry to Propel the Gluten-Free Bakery Premix Market: FMI Latest Market Study

The sales of gluten-free bakery premix is likely to grow at an average CAGR of 5.7% during the forecast period. The gluten-free bakery premix market size is projected to be valued at US$ 379.4 Mn in 2022 and is expected to be valued at US$ 648.6 Mn by 2032.

The demand for gluten-free bakery premix is predicted to rise due to an increase in the number of people seeking a gluten-free diet due to existing medical issues, as well as those who want to live a gluten-free lifestyle just to feel better. As a result, as more individuals experiment with new diets such as the paleo or keto diets, these reasons are becoming the key drivers of the gluten-free bakery premix industry.

As the globe witnessed a shift in consumer adoption of gluten-free bakery premix, consumers may now personalize their shopping experience to fit their specific nutritional needs thanks to technological advancements. In-store nutritionists and color-coded shelf stickers indicating the nutritional attributes of certain foods, such as heart-healthy and gluten-free, have long been available to customers.

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Gluten-free bakery premix manufacturers are saving time by minimizing the amount of weighing activities they must complete and the time it takes to produce their breads when they use bakery premixes. By pre-dosing the ingredients and removing the more delicate processes connected with conventional bread-making methods, bakery premixes reduce the possibility of mistake. Each proportion added to the mixer is carefully measured in order to get the best possible look, volume, texture, and flavor.

Key Takeaways from Market Study

  • The gluten free bakery premix market is expected to expand at a CAGR of 8.3% and 5.6% in Latin America and South Asia respectively through 2032
  • Market Share of East Asia and Oceania is 12.3% and 3.0%, respectively in 2022 and it is expected to grow with CAGR of 4.9% and 3.3% over the forecast period
  • European gluten free bakery premix market is expected to be valued at US$ 115.7 Mn holding 30.7% share in 2022 and it is expected to grow with CAGR of 4.2% over the forecast period.
  • Among the application segment, bakery is dominating the gluten-free bakery premix market holding 68.6% share in 20222 and it is expected to grow with CAGR of 5.1% over the forecast period.
  • Among the product type segment, bread is dominating the gluten-free bakery premix market holding 30.1% share in 2022 and it is expected to grow with CAGR of 6.5% over the forecast period.
  • Direct sales distribution channel is accounted for maximum sales of 63.9% in 2022 and it is expected to grow with CAGR of 5.4% over the forecast period.

Competitive Landscape

Key manufacturers involved in gluten-free bakery premix market are majorly focusing on merger and acquisition activities. These merger and acquisition activities are helping the key players to increase their regional presence and also to increase their existing product portfolio.

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Key Players in the Gluten-Free Bakery Premix Market

  • Myosyn Industries Pty Ltd
  • Melinda’s Gluten-Free Goodies
  • Choices Gluten-free
  • Lesaffre
  • Naturally Organic
  • Theodor Rietmann Gmbh
  • Caremoli SPA
  • Bakels Group
  • Watson Inc.

Latest Developments in the Gluten-free Bakery Premix Market

  • In February 2022, Dr. Schar UK who is a gluten-free manufacturer acquired GDR food technology who is allergen-free, fresh break manufacturer based in Bellshill.
  • In November 2021, the grocery store chain Hy-Vee, Inc. unveiled Good Graces, a new private brand offering a complete line of gluten-free goods. There are now 30 gluten-free foods available from Good Graces, and another 60 are being developed.
  • With a new fermentation method and redesigned packaging that includes bread, Rudi’s debuted 15 new items in its organic and gluten-free categories in September 2021.
  • A gluten-free frozen snack and appetiser brand called Feel Good Foods introduced gluten-free square pan pizza in July 2021. Each comes with a baking tray and is offered in the Margherita, Truffle Mushroom, and Four Cheese varieties.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Gluten free bakery premix 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 (Bread, Cakes, Pizza Bases, Muffin, Hamburgers, and Other Product Types), Application (Bakery, Confectionary, Restaurant, Household), and Sales Channel (Direct, Indirect) across seven major regions of the world.

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Gluten-Free Bakery Premix Market by Category

By Application:

  • Bakery
  • Confectionery
  • Restaurant
  • Household

By Product Type:

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

By Distribution Channel:

  • Direct Sales
  • Indirect Sales

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Frequently Asked Questions

How big is the Gluten-Free Bakery Premix Market?

What is the North America Gluten-Free Bakery Premix Market Outlook?

What is the Gluten-Free Bakery Premix Market Outlook in Europe?

What is the Gluten-Free Bakery Premix Market Growth Outlook by 2032

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,

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T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Functional Foods and Natural Health Products Market by Excellent Opportunities, Industry Growth, Size and Statistics Forecasts Up To 2029

The global functional foods and natural health products market size is expected to reach US$ 32.5 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.3% CAGR between 2019 and 2029. According to the report, the rising demand for natural, healthier, and nutritional food 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.

However during the forecast period, Europe will exhibit more lucrative growth opportunities. In terms of functional food product, the market can be classified into bakery & confectionery, dairy, fish & eggs, canola-based, pulses-based, hemp-based, flax-based, oats-based, barley-based, soy,fats and oils

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Associated Health Benefits of Functional Foods and Natural Health Products to Accelerate Market Growth

The digestive system is responsible for catalysing the food products consumed and for the absorption of vitamins and minerals from food and nutritional supplements. Therefore, maintaining digestive health is a significant factor in optimizing nutrient intake and preventing deficiency-related bodily conditions.

Furthermore, the immune cells are also concentrated in the gut region, and a healthy microbiota is necessary for the body. Medical practitioners and individuals realized the associated health benefits, and thus, are recommending a targeted set of the bacterial strain, resulting in the bolstered demand for probiotic supplements, and therefore, the functional foods and natural health products market in the forecast period.

  • The WHO predicts that by 2020, over 65 million people will have dementia and the prevalence of other neurodegenerative brain diseases, like Alzheimer’s, also on the rise. The pressure to produce successful treatments is growing but has proved unsuccessful so far. Scientists are increasingly looking for food products to slow down disease progression and treat symptoms.

Trend of Protein-rich Functional Snackification to Bolster Demand of Functional Foods and Natural Health Products

Japanese manufacturers are trying to make products more nutritious, following the protein trend in food. Consumer awareness concerning healthier ways to pull off weight loss, anti-aging, and other health-related issues through the intake of naturally-sourced protein is captivating many producers to offer protein-fortified products with health benefits. This trend has been an extensive driver for the growth of functional foods and natural health products across the globe.

Moreover, innovations in cheese snacks such as multi whole-grain flour as the base for producing chips and extruded snacks are expanding the consumer base, even from the health-conscious community. Other trends propelling functional foods and natural health products market include the increased demand for organic and naturally-sourced ingredients.

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Who is Winning?

Some of the leading players operating in the functional foods and natural health products Market are General Mills, GFR Pharma, Herbalife, Cargill Inc., Amway, and others.

As a result of increasing competition, functional foods and natural health products manufacturers are focusing on expanding their product portfolio and improving sourcing process. Their expansion strategies are further aided by agreements between them and local players across emerging market. These companies are particularly focusing on catering to changing consumer preference across various applications.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

Market Segmentation

The global functional food and natural health products is segmented in detail to cover every aspect of the market and present complete market intelligence to

By Functional Food Product

  • Bakery & Confectionery
  • Dairy
  • Fish & Eggs
  • Canola-based
  • Pulses-based
  • Hemp-based
  • Flax-based
  • Oats-based
  • Barley-based
  • Soy
  • Oils & Fats
  • Others

By Natural Health Product

  • Probiotics
  • Proteins & Amino Acids
  • Phytochemical & Plant Extracts
  • Prebiotics
  • Fibers & Specialty Carbohydrates
  • Omega-3 Fatty Acids
  • Carotenoids
  • Natural Vitamins
  • Natural Minerals

By Natural Health Product Form

  • Capsules
  • Tablets
  • Soft Gels
  • Other

By Region

  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • Oceania
  • Middle East & Africa

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FREQUENTLY ASKED QUESTIONS ABOUT FUNCTIONAL FOOD AND NATURAL HEALTH PRODUCTS MARKET

What drives the functional foods and natural health products market?

Ans. Availability of a wide range of functional foods and natural health products has enabled consumers to have more options while buying products. Similarly, heavy advertising and promotional initiatives from functional foods and natural health products companies has increased the awareness among consumers, besides creating competition in the market.

Which factors put market players at risk?

Ans. Regulations around functional foods and natural health products vary from country to country due to which functional foods and natural health products manufacturers have to work closely with regulatory agencies and governments in order to capitalize on future market opportunities during which rules and regulations are altered.

Which region will lead the global sales of functional foods and natural health products?

Ans. North America will lead the global sales of functional foods and natural health products with market share of 24% in 2019.

Which natural health product segment offers most lucrative growth opportunities?

Ans. Omega-3 fatty acids segment is expected to show lucrative growth opportunities in the forecast period. The rising demand for food with added benefits such as functional foods and natural health products has created scope for the expansion of the segment. Which segment based on functional food product will record the highest growth?

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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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Online Food Delivery Services Market to surpass US$ 97 Billion by 2032 | FMI Report

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

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Food Dehydrators Market 2022 Size, Share, Technological Innovations and Growth Forecast To 2032

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.

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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.

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Kraft Paper Shopping Bag Market is projected to reach a valuation of US$ 5.2 Billion in 2022

During the projected period, the market for kraft paper shopping bags is anticipated to post a respectable CAGR of 3.9%. The market is currently valued at US$ 5.2 billion, and by 2032, it’s expected to grow to US$ 7.47 billion. The Kraft paper shopping bags market is increasing with the concerns rising over the changing climate, followed by the demand for biodegradable paper shopping bags. Sales of kraft paper shopping bags are rising as consumers become more mindful of the overuse of biodegradable items.

As more stores and food franchises operate, there is a rising demand for kraft paper shopping bags. Bleached, unbleached, specialty, and recycled bags are available. Among the numerous types of bags, kraft paper shopping bags are the most common.

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What are the Key Drivers and Restraints to the Kraft Paper Shopping Bag Market?

Paper-based packaging like kraft paper shopping bags has gained fame in recent years, with the up-gradation of packaging ideas where the visual appeal and shelf life provides premier state.

In addition, kraft paper shopping bags are convenient and durable as compared to other types of paper bags. Cost-effective packaging solution like kraft paper shopping bag as compared to other packaging product is expected to create growth opportunities for the kraft paper shopping bag market during the forecast period, increasing the sales of kraft paper shopping bag.

Additionally, growing concerns about deforestation are complicating paper production, which will ultimately restrain the growth of the global kraft paper shopping bag market over the course of the forecast period.

Which region has the largest market for shopping bags made of Kraft paper?

Throughout the forecast period, the U.S. is anticipated to dominate the kraft paper shopping bag market in North America. India and China are predicted to experience considerable growth in the kraft paper shopping bag market in the Asia Pacific region.

Additionally, it is anticipated that the Middle East & Africa (MEA) kraft paper shopping bag market would expand slowly throughout the course of the projected year.

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How’s the Competitive Landscape in Kraft Paper Shopping Bag Market?

The key players of the Kraft paper shopping bag market are focusing on enhancing and adopting strategies like enhancing the durability, sizes and its use as secondary packaging solutions to thrive business. This is driving the sales of Kraft paper shopping bag.

Key players in kraft paper shopping bag market include

  • Smurfit Kappa Group,
  • The Mondi Group,
  • International Paper Company,
  • Novolex Holdings Inc,
  • BillerudKorsnas AB and WestRock Company

Recent Market Development:

  • The Mondi group introduced its new series of eco-friendly paper bags that can be used for small, medium and large sizes, pushing the sales of Kraft paper shopping bags.
  • Smurfit Kappa Group has launched its fresh share of packaging like industrial and retail type of paper bags, increasing the sales of kraft paper shopping bags.

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Pallet Jacks Market is projected to grow at a CAGR of 6% during the forecast period 2022-2032

The pallet jacks market, which is valued at US$ 1054.1 million as on 2022, is anticipated to be valued at US$ 1888.3 million in 2032 and is expected to grow at a CAGR of 6% during the forecast period. The increased demand for material handling with increase in the number of warehouses and plenty of other factors are anticipated to increase the demand for pallet jacks.

Pallet jacks are also called as fork lifts or pallet trucks. These are used for material handling in warehouses, manufacturing, etc. These are commonly made of stainless steel. Starting from First Industrial Revolution, which used steam power to automate the production to Fourth industrial revolution, which is drven by digitization, material handling has transformed into new form in each phases. Now fully automated electric pallet jacks with high load capacity are available in  the market. Pallet jacks play a vital role in material handling. 

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These help in loading and unloading of the bulk goods. These are also used in inbound transportation of bulk goods from one corner of the warehouse or production floor to other corner. Manufacturers are very much concerned about their production efficiency and reducing the lead times. Material handling is a time consuming process if not handled properly, which may result into unproductivity and not meeting the production targets and deadlines. 

Global Pallet Jacks market: Key Players 

Some of the key players operating in the global pallet jacks market are – 

  • Toyota Motor Corporation,
  • Jungheinrich AG,
  • Raymond Corporation,
  • Yale Materials Handling Corporation,
  • Caterpillar Inc.,
  • Clark Material Handling Company Inc.,
  • Crown Equipment Corporation,
  • Komatsu Ltd.,
  • UniCarriers Corp.,
  • Combilift Ltd.,
  • Godrej Material Handling,

Carborundum Universal Limited (CUMI), Jost’s Engineering Company Limited, Patel Material Handling Equipment, Noveltek Industrial Manufacturing Inc., Niuli Machinery Manufacture Co., Ltd, Ningbo Ruyi Joint Stock Co., Ltd., SUZHOU PIONEER MATERIAL HANDLING EQUIPMENT&TECHNOLOGY CO.,LTD., Wesco Industrial Products, LLC and Mitsubishi Caterpillar Forklift America Inc. and others.                  

The global pallet jacks market is expected to witness new product launches during the forecast period. Manufacturers of material handling equipment are increasingly investing in new technology and design for material handling solutions. Manufacturers are entering in to collaborations and starting joint ventures (JVs). Global material handling equipment market is expected to witness a growing consolidation during forecast period. 

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Key Developments, Merger and Acquisitions 

  • In September 2017, Toyota Material Handling, U.S.A., Inc. (TMHU) launched new AC-powered walkie pallet jack with brand Tora-Max. The load capacity is 4,000-pound. 
  • In October 2017, Jungheinrich’s horizontal order picker ECE and the electric ride-on pallet truck ERE have won the “German Design Award 2018” in the transportation category. 

Global pallet jacks market is expected to expand at a lucrative CAGR during the forecast period, due to growing industrialization in emerging markets. Manufacturers are constantly investing in infrastructure upgradation, so that the overall production efficiency can be enhanced and manufacturing advantage can be achieved. The market is expected to witness rising consolidation during the forecast period. 

The research report presents a comprehensive assessment of the 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 geographies, application, and industry. 

Key Segments Profiled In The Pallet Jacks Market Survey

By Capacity:

  • Below 2.5 Tons
  • 2.5 to 5 Tons
  • Above 5 Tons

By Product:

  • Manual Pallet Jacks
  • Powered Pallet Jacks

By End Use:

  • Logistics
  • Retail
  • Manufacturing
  • Food & Beverages
  • Automotive
  • Pharmaceuticals
  • Chemicals
  • General Manufacturing
  • Aerospace & Defence

By Region:

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

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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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Pallet Displays Market is set to advance at a CAGR of 4.1% from 2022 to 2032

The global pallet displays market is expected to grow at a CAGR of 4.1%, from US$ 1,012.5 million in 2022 to US$ 1,514.3 million by 2032. The demand for pallet displays is anticipated to rise as they have become an essential feature of current retail environments since they aid in product distinction in retail outlets such as stores and supermarkets.

Market Overview & Report Highlights 

The global market for pallet displays is trending on a larger basis as it’s considered as one of the most cost-effective ways through which large volumes of products can be displayed as well as shipped and sold quickly. 

Customer as well as multinational grocery retailers’ preferences have compelled manufacturers of packaging to increase the uptake of pallet displays and provide additional features in it for the betterment and efficiency in operations than before. Additionally, even manufacturers prefer pallet displays due to its compatibility together with wide range of secondary products that use specially designed shelf ready packaging. 

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The study delivers detailed overview of parent market- shelf-ready packaging – to create a comparative analysis as to how the sale of pallet displays contributes to their overall growth. Additionally, the report delivers an overview on the variable industry dynamics. In-depth market segmentation has been provided on the basis of material type, end-use industry as well as region. 

Sub-segmentation on plastic type is also provided. Further, most recent industry developments, trends as well as additional purposes of pallet displays are mentioned in detail for everyone’s knowledge with regards to advancement. Also, adoption of innovative techniques and solutions is mentioned precisely in the report. 

The report also comprises of a detailed competition landscape that signifies the presence of leading manufacturers’ types and methods of pallet displays as well as other advanced products and their strategic management. The report also provides broad analysis on the use of pallet displays as well as other sourcing strategies. The global supply network for pallet displays have also been revealed in the report. 

Global Pallet Displays Market: Taxonomy 

As per the segmentation delivered in the report, the above-mentioned primary segments in the global pallet displays market have been broken down further. Based on the material type, the segmentation of global pallet displays market can be done into plastic, paperboard and paper. Further, based on the plastic type, the sub- segmentation of global pallet displays market can be done into polyester, polyethylene, polypropylene, etc. 

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Based on the end-use industry, the segmentation of global pallet displays market can be done into retail stores, institutional sales, etc. Based on the region, the segmentation of global pallet displays market can be done into Japan, MEA (Middle East and Africa), APEJ (Asia Pacific excluding Japan), Western Europe, Eastern Europe, Latin America and North America. 

In addition, the report provides detailed information on the cross-segmental analysis as well as country-wise market prognostication across different parameters. 

Research Objective 

Our panel of industry contributors as well as industry analysts across the value chain have taken immense efforts in doing this brainstorming and heavy-lifting work in order to provide the key players with beneficial information regarding the global pallet displays market. In addition, the report also contains inputs from our industry experts that can help the key players in saving their time from the internal research part. 

Companies who buy and use this report will be thoroughly profited with the inferences delivered in it. Apart from this, the report also provides in-depth analysis on pallet displays sales as well as the factors that influence the customers as well as enterprises towards this tool. In the changing landscape of packaging sectors, the report contains peculiar and incomparable information on the strategic connotations of the global pallet displays market. 

The research report presents a comprehensive assessment of the 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 geographies, application, and industry. 

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The report covers exhaust analysis on 

  • Market Segments 
  • Market Dynamics 
  • Market Size 
  • Supply & Demand 
  • Current Trends/Issues/Challenges 
  • Competition & Companies involved 
  • Technology 
  • Value Chain 

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. 

Key Segments Profiled In The Pallet Displays Market Survey

By Materia Type:

  • Plastic
  • Paperboard
  • Paper

By End Use Industry:

  • Supermarkets
  • Departmental Stores
  • Hypermarkets
  • Specialty Stores
  • Convenience Stores
  • Retail Stores
  • Institutional Sales
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • The Middle East and Africa
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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.

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Global Canned Food Packaging Market to expand at a 4.8% value CAGR by 2032

 The global canned food packaging market is anticipated to reach a value pool of US$ 27,887.9 Million in 2022, rising at a CAGR of 4.8% to attain a valuation of US$ 44,568.5 Million between 2022 and 2032. Technological advancement and rising demand for packaged food and beverages are driving growth. The canned food packaging market grew at a CAGR of 3.3% between 2016 and 2021.

Global Canned Food Packaging: Market Dynamics 

The market for the canned food packaging is driven by the recyclable and reusable properties of the cans, nutritional value and hygienic food process. Due to growth in the busy schedules and hectic lifestyle, increase in the demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat, all are the factors that are expected to propel the growth of global canned food packaging market. 

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Increasing urbanization, rising household income and growing demand for the milk-based products such as cheese, and ice-cream are expected to increase the demand of canned food packaging during the forecast period. 

Moreover, the macroeconomic factors favoring the global canned food packaging market consist of changing lifestyle, growth in the disposable income, decreasing prices of the packaged or canned food items making them affordable for the use, and also easy availability of canned food with various taste preferences and choices are projected to gain traction in the forecast period 2027-2027. 

Global Canned Food Packaging: Segment Overview 

By the type of food, the canned food packaging market is expected to be driven by the canned fish and meat segment due to increasing consumption of fish and meat products in recent years. The canned ready meals are also gaining traction due to urbanizations, changing taste preferences of the customers, and popularity in the working women. 

By the raw materials used for the cans, the aluminum metal gains traction due to a provision of safety and protection from the external factors such as heat, pollution. Based on different types of cans, there are three types of cans used for the food packaging. The 3-piece, 2-piece cans and open top sanitary cans. 

Based on the preservation techniques used to preserve the food in the cans, the global canned food packaging market is segmented into pressurized and vacuum cans to increase the shelf life of the food and to maintain its color and taste. 

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Global Canned Food Packaging: Regional Overview 

Regionally, the global canned food packaging market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and the Middle East and Africa. North America and Europe owing to high consumption of canned food and presence of a large number of food industries dominate the market at the global level. 

Asia Pacific due to growing number of interested investors investing in the development of industries and increase in production and consumption capacity in these regions are expected to gain traction in the forecast period. 

Global Canned Food Packaging: Market Players 

The prominent players in the canned food packaging market are Ball Corporation, Del Monte Foods, Inc., Crown Holdings, Amcor Limited, Anchor Glass Container Corporation, and Siligan containers. 

The research report presents a comprehensive assessment of the 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 categories such as market segments, geographies, type of product and applications. 

Key Segments Profiled in the Canned Food Packaging Industry Survey

Canned Food Packaging Market by Type of Food:

  • Canned Fish and Seafood
  • Canned Vegetables
  • Canned Meat Products
  • Canned Fruits
  • Canned Ready Meals
  • Milk and Sauces
  • Beans and Legumes
  • Other Canned Food Products

Canned Food Packaging Market by Distribution Channel:

  • Canned Food Packaging for Supermarkets and Hypermarkets
  • Canned Food Packaging for Independent Retailers
  • Canned Food Packaging for Convenience Stores
  • Canned Food Packaging for Specialist Retailers
  • Canned Food Packaging for Other Distribution Channels

Canned Food Packaging Market by Raw Material:

  • Aluminium Canned Food Packaging
  • Steel Canned Food Packaging
  • Tinplate Canned Food Packaging
  • Glass Canned Food Packaging
  • Plastic Canned Food Packaging

Canned Food Packaging Market by Types of Can:

  • 3-piece Welded Food Packaging Cans
  • 2-piece Food Packaging Cans
  • D&I Food Packaging Cans
  • DRD Food Packaging Cans
  • Drawn Wall-Ironed Food Packaging Cans
  • Single Drawn Food Packaging Cans
  • Open Top Sanitary Food Packaging Cans

Canned Food Packaging Market by Preservation Technique:

  • Pressurized Food Packaging Cans
  • Vacuum Food Packaging Cans

Canned Food Packaging Market by Region:

  • North America Canned Food Packaging Market
  • Latin America Canned Food Packaging Market
  • Europe Canned Food Packaging Market
  • Asia Pacific Canned Food Packaging Market
  • Middle East & Africa Canned Food Packaging Market

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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.

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