Market Research Blog

Newly released data from the plant-based beverages market analyzed by FMI estimates that the market enjoyed year-on-year (YoY) growth of 7.4% in 2022 to a total of 111,701,810 Litres in 2022. The market is expected to witness a prominent growth rate of a CAGR of 6.7% to reach the value of US$ 506,534.7 Mn in 2032.

The increase in the consumption of plant-based beverages, which has multiplied many times in the recent time period, is one of the primary drivers for the rise in demand for the product. Plant-based diets, veganism, and vegetarianism are the key drivers of this shift.

Plant-based beverages have been steadily growing in this fast-paced environment, but it has only recently gained notoriety due to a rise in flexitarianism acceptance. One-third of customers in the US and Europe now consider themselves flexitarians, as they want to add to their diet rather than restrict it. As a result, sales of plant-based beverages will increase.

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Rising Awareness Pertaining to Health and Wellness among Consumers to Aid Growth

Concerns among consumers pertaining to food safety have skyrocketed. Recent incidents of food recalls and health hazards caused due to chemical additives used in food products have caused damage to consumer trust. However, manufacturers of the plant-based beverages are likely to gain against this backdrop. There is an evident rise in demand for foods and beverages derived from natural sources. In addition to this, economic uptick and increasing consumer spending on premium brands are aiding the expansion of the plant-based beverages market.

High Cost of Processing May Hinder Growth

On the downside, the cost incurred on processing plant-based beverages may hamper their sales average. Critics note that large investment in processing is particularly valid in case of plant-based dairy alternatives, because they often need oil, fats, and added nutrients in large quantities to replicate their taste of their animal-based counterparts. However, this limitation can be mitigated if manufacturers discover ways of limiting the resources and money spent on processing.

Who is Winning?

Some of the leading players operating in the plant-based beverages market are The Coca-Cola Company, The Hain Celestial Group, Inc., SunOpta Inc., PepsiCo, Inc., Dr Pepper Snapple Group, Inc., Del Monte Pacific Limited, Pacific Foods of Oregon, Inc., Döhler GmbH, Califia Farms LP, Good Karma Foods, Inc., The WhiteWave Foods Company, Ripple Foods, PBC, Koia, and Harmless Harvest Inc.

As a result of increasing competition, plant-based beverage 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.

• For instance, The Hain Celestial Group, Inc. entered into an agreement with Rosetto Foods in 2017 to establish a joint venture. Through this, the company intended to expand its product portfolio.
• In 2018 The Coca-Cola Company acquired Unilever’s AdeS plant-based beverage business to expand its portfolio consisting of functional drinks.

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Market Segments Covered in Plant-based beverages Industry Analysis

By Source

• Dairy Alternatives
  • Almond Milk
  • Soy Milk
  • Coconut Milk
  • Rice Milk
  • Oats Milk
  • Seed Milk
  • Cashew Milk
  • Others
• RTD Drinks
  • Coffee
  • Tea
• Plant-Based Juices
  • Fruit
  • Vegetable

By Nature

• Organic
• Conventional

By Format

• Regular
• Flavored

By Packaging

• Glass Bottles
• Plastic Bottles & Pouches
• Carton Packaging
• Cans

 By Sales Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Independent Small Groceries
• Speciality Stores
• Online Retailers

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA

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Key Questions Answered in the Report

• How much is the plant-based beverages market current worth?

Plant-based beverages market size is worth more than US$ 266,161.8 Mn.

• At what CAGR is the market expected to grow?

Plant-based beverages consumption is expected to grow at a CAGR of around 6.7% during the period 2022-2032

• How was the performance in the last five years?

In terms of revenue, plant-based beverages grew at a CAGR of around 5.2% during 2017-2021.

• What are the key trends boosting plant-based beverages sales?

Plant-based beverages are gaining traction due to the rising demand for non-dairy nutritious beverages in various parts of the world. Increasing demand for healthy ready-to-drink products along with plant-based juices are other factors for the growth of 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 channels in emerging countries, new product introductions to stay a noticeable player in the global market.

• How much share do the top 20 companies hold?

The top 20 producers of plant-based beverages hold around 45-50% of the market share.

• Which are the major countries driving demand for the plant-based beverages market?

China, the US, India, Brazil, and Mexico are the major countries driving demand for plant-based beverages.

• At what level does the report reflect pricing analysis?

The report presents a detailed cost analysis of plant-based beverages based on source i.e. dairy alternatives, RTD drinks, and plant-based juices.

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,

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T: +1-845-579-5705

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The global oats market is estimated at USD 6.1 Bn in 2022 and is projected to reach USD 10.8 Bn by 2032, at a CAGR of 5.9% from 2022 to 2032.

Globally, the market is estimated to create an absolute $ opportunity of about USD 4.7 Bn by 2032. The property of oats is to provide a complete meal without the requirement of any additional ingredient which makes it the most popular grain among the others. This factor can be attributed for the escalating growth of the oats market across different regions, mainly APAC.

The incorporation of oats in the food industry is mainly due to the increasing market penetration of breakfast cereal products. The abundance of nutrients, particularly the dietary fiber content of oats, accompanied with the rising health consciousness of people, is one of the key factors driving the global oats market. Apart from being a very healthy option for meals, oats contribute equally well for maintaining hair and skin health. The increasing consumption of convenience food and on-the-go food products also exhibits a positive impact on the oats market.

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The growing economy is expected to exhibit a substantial growth over the retail chains across the globe. This, in turn, facilitates the demand for oats and oat products. Due to the preference of cereal products, retail chains are coming up with innovative types of oats and oat-based products accompanied by captivating advertisements, thus evoking a sense of authenticity to buy their products. Leading brands are continuously gaining traction by launching premium range of oat products, creating a long-term growth opportunity all over the globe.

Moreover, the growing fast-paced lifestyle of people has led to the increasing demand for portable and conveniently packed food products, thus elevating the demand for ready-to-eat oat products. These factors have led to an increasing penetration of established players by ensuring a highly competitive market scenario for oats and oat products, and fortifying the overall growth of the oats market over the forecast period.

Growing Demand for Food, Globally

With the increasing rate of world population and healthier economic conditions, there will be more mouths to feed and more plates to fill. The changing trend of food and beverage consumption is likely to impact the transition of oats and oat-based products for the middle class, which, in turn, is expected to increase the demand for oats in the preparation of cereal products. Also, per capita expenditure on food and beverages by the global population has witnessed a significant increase over the years. The key reason behind this is increasing health consciousness among consumers, as oats are among the most preferred alternatives, not only for breakfast but also for snacks, due to the better appetite fullness promotion behavior of oats. This increasing per capita expenditure is also expected to support the growth of the oats market.

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Key Segments Covered

Global Oats Market – By Product Type

• Oat Groats
• Whole Oats
• Steel Cut Oats
• Rolled Oats
• Oats flour

Global Oats Market – By End Use

• Breakfast Cereals
• Bakery Products
• Snacks & Savories
• Others

Global Oats Market – By Distribution

• Hypermarkets/Supermarkets
• Convenience Stores
• Online Retail
• Others

Global Oats Market – By Region

• North America
• Mexico
• Latin America
• Germany
• U.K.
• Western Europe
• Eastern Europe
• Australia & New Zealand
• APAC
• MEA

Increasing Urbanization Across the Globe

Owing to employment prospects, the migration of working population to tier-1 cities is expected to witness a significant increase over the forecast period, causing a major rise in the urbanization trend across the globe. Moreover, the contribution of growing economies is also expected to bolster the demand for oats over the forecast period. This increasing urbanization supported by the rising economy is expected to contribute significantly towards driving the oats market.

Key Producers of Oats

Some of the major companies operating in the oats market space are Nestlé S.A., Quaker Oats Company, The Kellogg Company, General Mills, Inc., Pioneer Foods Ltd., The Hain Celestial Group, Inc., Marico Limited, B&G Foods, Inc., Post Holdings, Inc., Grain Millers, Inc., Bob’s Red Mill Natural Foods, Inc., Richardson International Limited, Bagrry’s India Ltd, Nature’s Path Foods, NOW Health Group, Inc., Helsinki Mills Ltd., Morning Foods Limited, Avena Foods Limited, Blue Lake Milling Pty Ltd. (CHB Group), and Unigrain Pty Ltd, among other oat manufacturers.

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Frequently Asked Questions

• How much is the current worth of the oats market?
• At what CAGR is the oats market expected to grow?
• How was the performance in the last few years?
• How are market players reacting to the new developments in the market?
• How much share does the top 10 companies hold?
• Which are the major countries driving demand for oats?
• At what level does the report reflect pricing analysis?

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

About FMI

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

Contact:

Future Market Insights Inc.

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T: +1-845-579-5705

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The rising adoption of ready to eat food products with longer shelf life is increasing the space allotted to dehydrated vegetables across retail shelves. The advent of drying technologies has made it possible to manufacture dehydrated vegetables in less time while retaining the original nutrient value in vegetables. This has been fueling the demand in the dehydrated vegetables market.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for dehydrated vegetables Market. The report tracks the global sales of dehydrated vegetables market in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the dehydrated vegetables industry in general, and dehydrated vegetables in particular.

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What is the Future Outlook for Dehydrated Vegetables Market in Comparison to Historical Pattern?

In past few years companies are motivated to produce dehydrated vegetables which have certain accreditations, claims, and labeling. The right product labeling goes a long way in cementing brand trust in the minds of consumers and the global clean label movement is one-way in which food and beverages (F&B) manufacturers can build this trust. Regulations across certain countries mandate clean label packaging with clear information on ingredients, sourcing, and processing methods to create more transparency across the food chain. Hence companies are focusing on building positive image about their products in the market.

• For instance, All Van Drunen Farms’ facilities are certified Kosher by the Orthodox Union, Organic approved by Quality Assurance International, HACCP compliant, GMP, FDA, and USDA compliant, and BRC Inspected as per GFSI
• Rosun Dehydration Pvt Ltd, a subsidiary of Rosun Groups, various certifications under its belt, i.e. HACCP, Kosher, USDA, Pro-Cert.

According to FMI, dehydrated vegetables market have grown at 4.8 % CAGR between 2016 and 2020.

The surplus demand for healthy food products among the consumers has been creating lucrative growth opportunities. In order to cater to the increasing demand for natural and healthy food ingredients, food manufacturers are emphasizing to include dehydrated vegetables in their product line.

Dehydrated vegetables retain 100% of the nutrition content of fresh vegetables while it only takes half of the space, which offers manufacturers with better convenience to transport food items from one place to another. Apart from convenience in transportation, dehydrated vegetables are rich in nutrients and dietary fiber content which have been helping the market gain traction.

FMI has forecast the market to exhibit 8.3% CAGR between 2021 and 2031 steered by increasing launches within the category.

What is the Scope for Dehydrated Vegetables in Processed Food Industry?

The challenging work environment in urban centers results in amplified work time, making it more difficult for customers to spend time at home for cooking food. Hectic lifestyle is compelling consumers to opt for packaged and ready-to-eat meals. Dehydrated vegetables help customers enjoy tasty foods that consume less time to prepare. Meanwhile dehydrated vegetables are available in a wide range of varieties, which has been presenting increasing choices to consumers.

Consumers are seeking out reasonably priced, convenient and tasty food products that will suit their fast-paced lifestyle, thus providing abundant growth opportunities for dehydrated vegetable products manufacturers.

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Market Segmentation

Product Type

• Carrot
• Onions
• Potatoes
• Broccoli
• Beans
• Peas
• Cabbage
• Mushrooms
• Tomatoes

Form

• Minced & Chopped
• Powder & Granules
• Flakes
• Slice & Cubes
• Others

Nature

• Organic
• Conventional

End Use

• Food Manufacturers
  • Snacks & Savory Products
  • Infant Foods
  • Soups
  • Salads, Dressings & Sauces
  • Others
• Food Service
• Retail

Drying Method

• Air Drying
• Spray Drying
• Freeze Drying
• Drum Drying
• Vacuum Drying
• Others

Distribution Channel

• Direct
• Indirect
  • Store Based Retailing
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Traditional Grocery Retailers
  • Food & Drink Specialty Stores
  • Online Retail

Region

• North America
• Latin America
• Europe
• MEA
• East Asia
• South Asia
• Oceania
• India
• China
• Singapore

Some of the leading companies operating in dehydrated vegetables market are:

• Fresno Cooperative Raisin Growers Inc.,
• Olam International,
• Dole Food Company,
• Naturex S.A.,
• Symrise AG,
• Mercer Foods, LLC.
• Chengde Shenli Food Co., Ltd.,
• Vkc Nuts Private Limited,
• Viva Bella Orchards Inc.
• Kiantama,
• Sun-Maid Growers Of California,
• Sunshine Raisin Corporation,
• Traina Dried Vegetable Inc.,
• Lion Raisins Inc.,
• Jab Dried Fruit Products (Pty) Ltd
• Bergin Fruit Company Inc.
• Traina Dried Fruit Inc.,
• Greek Dried Fruits S.A.,
• Montagu Dried Fruit And Nuts (Pty) Ltd,
• Sun Valley Raisins Inc. A California Corporation,
• Raisin Champion International,
• Geobres Nemean Currants and Sultana Raisins S.A.,
• Ningxia Yuxiang Bio Food Engineering Co., Ltd.,
• Montagu Dried Vegetable And Nuts (Pty) Ltd,
• Chengde Shenli Food Co., Ltd.

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Key Questions Answered in the Report

Q1. Which is most lucrative market for dehydrated vegetables?

Q2. Which type of dehydrated vegetables used widely?

Q3. Which Drying Method is Widely Preferred for Dehydrated Vegetables?

Q4. Which are some of the leading companies offering dehydrated vegetables Market?

Q5. Which Industry Exhibits Highest Demand for Dehydrated Vegetables?

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

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Newly released data from Tortilla Market analysis by Future Market Insights shows that global consumption of Tortilla enjoyed a year-on-year (YoY) growth of 3.4% in 2022 to total sales of USD 26,394.9 Mn. 

The consumption of tortillas has increased rather significantly over the past decade. According to an analysis by Future Market Insights, the global Tortilla market is projected to be valued at US$ 37,018 Million by 2032 end, expanding at a CAGR of 3.4% during the forecast period 2022-2032. Despite an extremely slow moving annual growth rate, increased tortilla consumption is predicted in the coming years—mostly supported by population growth, especially among Hispanics, as well as a continuation in the trend of consumer tortilla consumption preferences.

Tortillas have successfully positioned itself in the Latin American market. With a revenue share of +48% in 2021, Latin America clearly dominated the global tortilla market, in terms of value sales, substantially driven by the rapidly growing Hispanic population in the United States. In countries like Mexico, more than 94% of the tortillas are processed or produced using corn as its main source.

Flour tortillas have a fairly high value share in the global tortillas market, compared to other variants such as tortilla chips, taco shells, tostadas, and corn tortillas. However, tortilla chips are expected to witness significant consumption in the coming years.

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Research also suggests that, due to increasing demand for Mexican cuisine such as such as tortillas, nachos, enchiladas, tacos, and tamales, especially in North America and Latin America, tortillas, in the on-the-go snacks format, have been gaining traction. Busy lifestyles, deteriorating health conditions, and increasingly urban working population are some factors contributing to the consumption increase of tortillas, as per convenience.

Moreover, an in-depth consumer sentiment analysis also indicates that more than 40% consumers buy tortilla products on a weekly basis and +50% consumers buy from modern trade stores like hypermarkets and supermarkets, owing to easy availability of the product at reasonable prices. Tortilla flour-based products, being one of the main Mexican foods, is gaining traction among its target customers throughout the foodservice industry.

Traditional Tortillas in New Convenient, Flavored Formats to Push Global Adoption

The global tortilla market has witnessed a surge a surge in the launch of new products containing innovative flavors over the last couple of years. Moreover, organic or gluten-free new products are being increasingly adopted in Americas, primarily attributable to the rising demand for the product, with added health benefits. The launch of these new flavored products is expected to have a positive impact on the market, thereby fueling the growth of global tortilla market during the forecast period.

Moreover, significant growth in organized retailing in the form of hypermarket and specialty markets, which are more likely to make savory snacks popular among the consumers, will significantly drive the adoption of tortillas in the coming years.

Key Food Manufacturers Adding New Features to Tortillas to Expand Consumer Base

In new food formulations, key food manufacturers including Cargill and AB Mauri are leveraging the significant growth in the consumption of tortillas and have come up with new features added to tortillas. Cargill has developed a number of whole grain, low-fat tortilla prototypes in an effort to capture a slice of the growing U.S. market for healthy bread alternatives.

With their new patent technology, AB Mauri has developed reduced-fat tortillas, paving way for manufacturers to attract growing base of health conscious consumers. The company’s new patented technology enables manufacturers to develop reduced fat, reduced sodium, wheat-based tortillas. Already widely adopted in American market, AB Mauri has been strategizing on implementing the same patented technology in the European markets as well.

Moreover, FDA approvals for folic acid fortification of corn masa flour, allowing manufacturers to add up to 0.7 milligram of folic acid per pound of corn masa flour, has opened up new opportunities for manufactures to explore new food formulations. Key food manufacturer Bunge, offers corn masa flours and a wide variety of shortenings to help create products that meets all consumer demands.

Market Segments Covered in Tortilla Industry Analysis

Product Type :

• Tostadas
• Taco Shells
• Corn Tortilla
• Flour Tortilla
• Tortilla Chips

Source :

• Corn
• Wheat

Processing Type :

• Fresh
• Frozen

Distribution Channel :

• Online
• Offline
• Supermarkets
• Convenience Stores
• Others

Region :

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

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Key Questions Answered in the Report

• How much is the Tortilla market current worth?

Currently Tortilla market is worth more than US$ 26,394.9 Mn (2021).

• At what CAGR is the market expected to grow?

Tortilla consumption is expected to grow at a CAGR of around 3.4% during the period 2021-2031.

• How was the performance in the last five years?

In terms of revenue, Tortilla grew at a CAGR of around 2.3% during 2016-2020.

• What are the key trends boosting Tortilla sales?

The growing awareness of health consciousness among customers in the global market has propelled the industry’s expansion in the worldwide market. The utilisation of tortillas in the wrappers is another element driving this market’s global expansion.

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

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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The demand for seam welding machine is projected to rise at a steady CAGR of 3.8% during 2022-2032. The global seam welding machine market size is anticipated to be valued at US$ 1,415.6 Mn in 2022 and is projected to surpass US$ 2,055.5 Mn by 2032.

By 2022, North America is anticipated to have the second-largest market share, at 22.0% percent. Rapid industrialization, rising government investments in the building and infrastructure sectors, and end-users of seam welding machines are strengthening their presence in North America through expansions, alliances, and significant strategic moves. These are the factors anticipated to propel North America seam welding machine market growth during the projection period.

The seam welding machine produces a very strong weld. This machine’s precisely welded joint could be stronger than the material used to make it. As a result, this factor is propelling the market share of seam welding machines.

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The growing demand from end users such as the construction and infrastructure, consumer durable goods, and transportation industries is propelling the growth of the seam welding machine market. Additionally, increased demand for new automobiles and aircraft, as well as increased use of seam welding machines in the construction and infrastructure industries, are expected to drive seam welding machine sales through 2032.

The market for seam welding devices is expected to expand as the method and machine become more cost-effective. However, welding with this machine is only possible along a fixed curve or line. Welding becomes difficult when sheets that must be joined together have a thickness greater than 3 mm, limiting the growth of the seam welding machine market.

Furthermore, because the disc-shaped electrodes cannot exert the required uniform pressure, this machine cannot weld obstruction-causing metal sheets with uneven surfaces. Another issue in the market for seam welding machines is respiratory problems caused by the gases produced while welding coated metals and steels.

Regional Analysis

By 2022, North America is anticipated to have the second-largest market share, at 22.0% percent. Rapid industrialization, rising government investments in the building and infrastructure sectors, and end-users of seam welding machines are strengthening their presence in North America through expansions, alliances, and significant strategic moves. These are the factors anticipated to propel North America seam welding machine market growth during the projection period.

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Europe is expected to command a 24 % share of the seam welding machine market by 2022. This expansion is the result of factors such as ongoing improvements in welding and welding-related processes, automation trends, and advancements in infrastructure development and construction projects.

Furthermore, the rising sales of seam welding machine is brought on by the rapidly-industrialising nature of the area, the expansion of smart factories, and the adoption of industry 4.0 in manufacturing facilities.

Competitive Landscape:

These actions have made it possible for market participants to grow their consumer bases and operations. With the increasing demand for seam welding machines in the global market, market participants in the seam welding machine market can anticipate attractive growth prospects in the future.

The key market players profiled in the report include Cogentix Medical, Palex Medical SA, Medtronic PLC, and Rainbow Medical Group.

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Key Market Segments in the Seam Welding Machine Market

By Mode:

• Intermittent Seam Welding
• Continuous Seam Welding

By Product Type:

• Manual Seam Welding Machine
• Semi-Automatic Seam Welding Machine
• Automatic Seam Welding Machine

By Wheel-Contact:

• Wide wheel seam
• Narrow wheel seam
• Consumable wire seam welding
• Mash seam welding
• Foil butt seam welding

By End-Use Industry:

• Industrial
• Automotive Industry
• Oil and Gas
• Construction Industry
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

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The Energy Gel Products Market is valued at US$ 637 Million in 2021. The market is likely to grow at a CAGR of 7.8% through 2027, reaching US$ 1 Billion.

A new research publication titled “Energy Gel Products Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” by Future Market Insights focusses on various market acumen on developments, trends, key players, growth drivers and forecasts across important regions. A detailed market segmentation is carried out which explores every angle of the energy gel products market.

Awareness based marketing, increased retail shelf visibility, improvement of energy gels, growing demand for combination flavours, rising preference of gels over energy drinks and clean label products are few of the trends observed in the global energy gel market.

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The growth of the global energy gel market has been impacted by various factors which drive the growth, to name a few, the increasing health awareness which has spurred the consumption of energy drinks and energy gels, rising demand for flavoured energy gels, enhanced overall supply chain, rising demand for beverages, rise in domestic population coupled with high consumer preference for energy gel products, improved retailing, rising expenditure on research and development supported by government initiatives, high demand for premium products, and healthy eating habits with rising per capita income have impacted the global energy gel market in a positive way.

However, certain aspects such as high working population which decreases the scope of consumption of energy gel, high competition, fluctuation in input costs, high production costs and improper sync between demand and supply have a restraining effect on the growth of the global energy gel market.

Global Energy Gel Products Market: Forecast

The global energy gel market is anticipated to grow at a robust rate during the assessment period. The global market is expected to grow at a value CAGR of 7.8% to reach a market evaluation of about US$ 1 Bn in 2027 from an evaluation of US$ 477 Mn in 2017. This market has seen a significant growth path since 2012.

Global Energy Gel Products Market: Key Segmental Highlights          

The global energy gel market is segmented by flavour type (Fruit, Vanilla, Chocolate and others), by distribution channel (supermarket/hypermarket, specialty store, online store, others) and by region (North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa). The fruit flavour type segment has been further sub segmented into orange, strawberry, raspberry and lemon.

• By distribution channel, the specialty stores segment is expected to dominate the global market in terms of high market share. It is expected to grow at a robust growth rate to reflect a value of about US$ 368 Mn by 2027.

• The supermarket/hypermarket segment by distribution channel is expected to grow at the highest growth rate during the forecast period to reflect a high CAGR of 8.7%. This segment stands second to the specialty store segment from market value standpoint and reflects high potential in the coming years
• By flavour type, the fruit segment is anticipated to lead the market with a good CAGR. The chocolate segment is poised to reflect highest CAGR of 8.7% during the period of assessment.

• North America region is expected to be the fastest growing regions followed by Western Europe, Latin America and Asia Pacific excluding Japan (APEJ). North America is poised to reflect a high CAGR of 8.5% by value during the period of assessment.

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Global Energy Gel Products Market: Competitive Landscape

The global energy gel market research report has included analyses on key players in the market. The companies such as Advanced Food Concepts, Inc.,Nutrition Works Ltd.,Boom Nutrition Inc.,Clif Bar & Company,EN-R-G Foods, LLC, Gatorade Company, Inc.,Hammer Nutrition Ltd.,Powerbar Inc.,Zipvit Ltd., and Scientific Sports Nutrition (Pty) Ltd., are profiled in this research study.

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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.

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The global Organic Beef Meat Market size is expected to reach US$ 16421.3 Mn by the end of 2027. According to a study by Future Market Insights (FMI), titled “Organic Beef Meat Market: Global Industry Analysis 2014-2018 and Opportunity Assessment, 2019-2027,” the market will show a steady rise at 6.4% CAGR between 2019 and 2027.

According to the report, the rising demand for healthier options in Organic Beef Meat 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.

It includes in-depth insights into the Organic Beef Meat market. Some of these are:

• The estimated value of the market was at US$ 9904.0 Mn in 2019. Through the course of the report’s forecast period, the market will show a steady pace of growth.
• Regionally, Asia Pacific excluding Japan emerged as a key market for Organic Beef Meat. Middle East & Africa (MEA) will remain steady as key markets for Organic Beef Meat.
• The global organic beef meat market indicates North America and Western Europe as dominant regions.
• Key players are likely to focus on product innovations to stay relevant in developed markets.

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Presence of a Thriving Organic Beef Meat Industry Supports Growth in Developing Regions

Rising production of and the demand for food ingredients has considerably aided the market’s expansion across emerging nations. For instance, the food market in China is forecast to surge exponentially, creating growth opportunities for the organic beef meat market. While the market is still considered at a nascent stage, experts haven’t failed to notice high-volume offering of the category.

Organic meat is obtained from animals or birds raised in an organic system, this organic system is based on the behavioral and physiological needs of animals. Organic beef meat does not have any additives or growth hormones; they offer optimum nutrients thereby gaining higher adoption than conventional food products. Rising consumer preference towards organic food products and the easy availability of organic beef through retail chains is expected to accelerate the global organic beef meat market growth over the forecast timeline.

Impelled by prevailing scenario, hanging lifestyle of people along with rising disposable income in the region has created a progressive impact on the organic beef meat market and is expected to propel the growth of organic beef meat market over the forecast years.

Who is winning?

Some of the leading players operating in the global Organic Beef Meat market are Neat Meat company, organic Prairie, Aurelian organic meat supplier group, Swillington Organic Farm Arcadian Organic Meat Co., River ford organic farmers and Eversfield.

With competition from alternatives soaring high, organic beef meat manufacturers are seeking out diverse strategies not only to stay relevant but gain a competitive edge. As a result of this, leading players are focusing on product innovation and positioning strategies to build a strong brand image. In addition to this, they are strengthening their research and development capabilities to innovate products to attract consumers.

ORGANIC BEEF MEAT MARKET TAXONOMY

The report segments the global Organic Beef Meat Market in detail to present an executive-level blueprint to the reader

Product Type:

• Fresh Meat
• Processed Meat
• Ground Beef
  • Steak Beef
  • Chucks
  • Patty
  • Others

By Sales:

• Fresh Meat
• Processed Meat
• Ground Beef
• Steak Beef
  • Chucks
  • Patty
  • Others

Region:

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

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Frequently Asked Questions

• What is the expected market value of the global organic beef meat market in 2022?
• What is the projected CAGR of the global organic beef meat market during the forecast period?
• Which are the established players in the global organic beef meat 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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The coconut milk market size has been valued at USD 1152.71 Million in 2022 and is expected to grow to USD 2131.6 Million by 2032, at a CAGR of 7% during the forecast period.

The global impact of COVID-19 has been unprecedented and staggering, with demand for coconut milk declining across all regions as a result of the pandemic and impacting the coconut milk market future trends.

Plant-based products are both healthier and safer than animal-based products. The coconut milk market is being driven by the growing popularity of veganism around the world. Increased adoption of coconut milk is primarily due to its growing consumer popularity, as well as the product’s versatility in application.

Coconut milk is linked to lower blood pressure and cholesterol levels, which has led to a growing consumer preference for it and in turn accelerate the coconut milk market key trends and opportunities.

Another factor driving the increased sales of coconut milk is the desire for healthy beverages with low calorie content that are also tasty. To keep up with the coconut milk market trends, coconut milk market manufacturers are developing novel ways to incorporate this product into various processed foods.

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Key Takeaways:

• India currently has a coconut milk market share of around 36.2% in the South Asian market.
• Full fat coconut milk market share is expected to reach 46.1% in 2022.
• Unsweetened coconut milk has a significant value share of the coconut milk market, accounting for 77.9% in 2022. The current market value is expected to be around US$ 1.3 billion.
• During the forecast period, the coconut milk market in the United Kingdom is expected to grow at a rapid CAGR of 7.2%.
• During the forecast period, the Germany coconut milk market is expected to grow at a high CAGR of 8.7%.
• During the forecast period, the France coconut milk market is expected to grow at a high CAGR of 9%.
• In the North American Region, the coconut milk market for coconut milk products is dominated by the United States, with a coconut milk market share of 65%.
• In terms of coconut milk market size, the United States is expected to have a total market capitalization of USD 568.1 billion in 2022.
• After the United States, the United Kingdom has the potential to become a coconut milk market leader. With a coconut milk market volume of USD 159.9 million, the United Kingdom is rapidly expanding.

“Coconut milk is a versatile ingredient that has a wide array of applications from food and beverage to cosmetic and skincare products. With rising health awareness and lactose intolerance, consumers are shifting towards coconut milk owing to its organic, natural, plant-based characteristics which will assist the growth of the market segment,” says a lead analyst at Future Market Insights.

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Competitive landscape:

Top 5 manufacturers of coconut milk are Nestlé, SunOpta, Inc., Danone SA, Goya Foods, and McCormick & Company, holding 20% to 30% coconut milk market share.

Companies are using coconut milk in their cosmetic and skincare products to incorporate nutrients and the skincare benefits of coconut milk. With increasing, research and development and technological advancement companies are finding new techniques to effectively use coconut milk and milk powder to their maximum potential.

Coconut milk is used by companies like KORA Organics because of its heavy concentration of essential antioxidants & amino acids, allowing it a beneficial choice for the skin. Coconut milk is abundant in MCTs (medium-chain triglycerides), which help to make it such a versatile product. MCTs have the property of antimicrobial and anti-inflammatory, making them ideal for use in masks, rinse-off cleansers, and leave-on moisturizers to help soothe and restore the skin.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of coconut milk presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Market Segmentation for Coconut Milk

By Form:

• Liquid Coconut Milk
• Coconut Milk Powder

By Nature:

• Organic Coconut Milk
• Conventional Coconut Milk

By End-Use:

• Household
• Food Service
• Food & Beverages Manufacturing
• Cosmetics & Personal Care
• Other Applications

By Region:

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

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Frequently Asked Questions

• How much is the coconut milk market currently worth?
• At what CAGR is the market expected to grow?
• What are the key trends boosting Coconut Milk sales?
• How are market players reacting to the new developments in the market?
• How much share do the top 3 companies hold?
• Which are the major countries driving demand for Coconut Milk?
• Who are the major players in Coconut Milk Market?
• What outlook does APAC provide?
• At what rate will the U.S. Coconut Milk market grow?

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

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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