Market Research Blog

The hazelnut market is experiencing remarkable growth as consumer demand for healthy snacks and natural ingredients surges. These delightful nuts, often used in chocolates and spreads like Nutella, are now gaining popularity as a standalone snack. Their numerous health benefits, including being a source of heart-healthy fats and antioxidants, have contributed to this trend.

In 2023, the hazelnut market had an estimated value of USD 17.69 billion, and it is projected to experience a robust growth rate with a significant compound annual growth rate (CAGR) of 8.8%. By 2033, this market is anticipated to reach an impressive valuation of USD 41.12 billion. This substantial growth is primarily attributed to the increasing recognition of the health advantages of hazelnut consumption, which is expected to drive significant demand throughout the forecast period.

Dynamics of the Global Hazelnut Market

Sales of Hazelnut Spurred by Growing Usage in Treatment of Medical Ailments

Among the many vitamins that hazelnuts are regarded as a rich source of are vitamins B, E, and K. It is well known for providing good lipids, proteins, and minerals. Hazelnuts have a low salt content and may help lower cholesterol levels. Thus, they are becoming increasingly well-liked among the number of vegetarians worldwide. This condition is creating promising sales opportunities in the global hazelnut industry.

More people are turning to eat hazelnuts to reduce their weight. Hazelnut sales are predicted to increase due to the rising usage of these nuts in treating several illnesses, including celiac disease.

Hazelnut Market to Experience Sales Growth Due to Increased Demand from Confectionary Makers

A significant part of the population from all over the world is raising its consumption of hazelnuts in various forms due to increased awareness of this nut’s health advantages. Many confectionary manufacturers are integrating hazelnuts into their products to earn more revenue from this growth trend. Due to the rising demand from producers of chocolate, spreads, and other food products, the hazelnut market will likely see impressive sales opportunities.

Most individuals around the world now have more significant disposable income. Therefore, it is projected that this demographic base is likely to spend more money on expensive food products. Due to this, producers of confectioneries, including dry fruits, have excellent market prospects. This component ought to create lucrative business potential.

“Hazelnut, a versatile and beloved nut, has widespread culinary applications. From confections and baked goods to spreads and beverages, hazelnuts’ rich flavor and nutritional value make them a popular choice among consumers and a key ingredient in various food products.” Lead Research Analyst, Future Market Insights.

Key Takeaways

• During the projected period, the market in the United States is anticipated to generate US$ 2 billion.
• By 2033, China is expected to have a projected market size of US$ 3.41 billion, recording a CAGR of 7.6% from 2023 to 2033.
• Japan and Canada are two more notable geographic markets, with growth rates of 2.7% and 3.8%, respectively, expected between 2023 and 2033.
• Germany is anticipated to expand within Europe, recording a CAGR of 3.4% over the projection period.
• During the projected period, the market in Asia Pacific is expected to reach US$ 1.4 billion.
• The personal care & pharmaceuticals category is expected to record a CAGR of 5.8%.
• Through the analysis, Latin America may expand at a CAGR of 6.3%.
• At a projected CAGR of 4.5%, the food and beverage sector is expected to reach US$ 8.2 billion by the end of the assessment period.
• The Cosmetics segment is expected to record a CAGR of 5.5% for the anticipated period.

Competitive Assessment

The worldwide market is home to a large number of active competitors. Therefore, there is intense competition in the hazelnut industry. Businesses in this sector are currently employing various strategies to get a competitive edge.

Many firms in the global industry are paying more and more attention to increasing their manufacturing capacities. Many businesses on the market are also striving harder to produce high-quality products. All of these indicate that the hazelnut market is anticipated to experience rapid expansion in the years to come.

Recent Developments

Cadbury Dairy Milk Silk’s novelty Silk Hazelnut chocolate, which contains whole Turkish hazelnuts, was first released in March 2019. Farmers are also working to produce organic hazelnuts to meet the rising demand for organic foods and beverages.

Key Players in the Hazelnut Market

• Olam International
• Arslanturk S.A.
• Karimex Nuts
• Holmquist Hazelnut Orchards, LLC
• DurakFindik
• DeveHerbes
• Azerstar LLC
• American Hazelnut Company
• Hazelz New Zealand
• Northwest Hazelnut Company
• Hazelnut Company Division, Ferrero
• ADM
• Karin Gda

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Key Segments  

By Application:

• Food & Beverage
• Cosmetics
• Personal Care & Pharmaceuticals

By Region:

• North America
• Europe
• Asia Pacific
• Latin America

About the Food and Beverages Division at Future Market Insights (FMI)

FMI’s food and beverages team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides:

• Consulting services and end-to-end research.
• Offering expert analysis.
• Actionable insights.
• Strategic recommendations to clients worldwide.

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

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The Packaged Currants Market is witnessing steady growth as consumer awareness regarding the health benefits of these small yet potent berries continues to rise. Currants, rich in antioxidants, vitamins, and fiber, have gained popularity among health-conscious individuals seeking nutritious and versatile food options. Packaged currants, available in dried, frozen, and freeze-dried forms, cater to the convenience-seeking segment.

The global packaged currants market is expected to be worth US$ 979 million in 2023 and US$ 1.2 billion in 2033. Demand for packaged currants is expected to record a steady 4.8% CAGR, with the United Kingdom, the United States, China, and India becoming key producers.

Market Growth is expected to be Fueled by a rise in Online Shoppers

Market growth is expected to be sped up by the growing number of people who shop online. The product is used as a food supplement and for medical purposes, which is expected to drive market growth. It’s easy to find online, and buying it only takes a few steps. Also, the product can be used to replace fresh fruits. The product can improve cardiovascular health and lower the risk of stroke and high blood pressure. Such benefits are expected to speed up the market’s growth. It’s also used to treat skin problems like psoriasis, acne, and others. It helps treat obesity and arthritis. The growth of the packaged currants market is expected to be boosted by these factors in the coming years.

Higher Demand for Packaged Food Products

Market growth is expected to be boosted by the growing demand for packaged food products around the world. The product is widely used to help people lose weight and get other health benefits. It is used to relieve digestive problems like constipation. The product is also used to strengthen muscles and treat stress, depression, and anxiety. The product is widely used in jams, cakes, and other foods. Market growth is expected to be sped up by the high demand for treatments for diseases like chronic cough and others. The market is expected to grow because people are becoming more aware of how important it is to keep their collagen levels up and their spending power is growing. Also, the product is used to strengthen the immune system and lower the risk of cancer cells forming. The packaged currants market is expected to accelerate in the coming years due to these factors.

Key Takeaways

• The trend of consumers seeking out organic and natural products has extended to packaged currants, leading to a rise in demand for organic and natural options in the market.
• As busy lifestyles continue to dominate, consumers are increasingly seeking out on-the-go snacking options. This has led to an increase in demand for snack packs and portion control packaging, providing convenience and portion control.
• Currants are gaining popularity as versatile ingredients, which has increased demand for packaged currants in various food and beverage applications, including baked goods, jams, jellies, and smoothies.
• Companies are leveraging the power of technology and e-commerce channels to market and distribute their packaged currants, enabling them to reach new audiences and increase sales.
• Currants are being used for their various health benefits, which has led to an increase in demand for packaged currants in traditional medical applications.
• Companies are becoming more conscious of the impact their packaging has on the environment and are therefore investing in eco-friendly packaging materials, such as biodegradable and recyclable options, to meet this growing demand.

Competitive Landscape

The competitive landscape in the packaged currants market is characterized by huge established players and surging startups.

Established players in the market have strong brand recognition and a loyal customer base. They have well-established distribution networks, wide product portfolios, and significant financial resources. A few prominent players in the market include Ocean Spray Cranberries Inc., Suterra LLC, and Sun-Maid Growers of California.

Startups in the packaged currants market are entering the market with innovative products and business models. They are leveraging advances in technology and packaging to create new products and reach new customers. Startups are also focused on meeting the changing preferences of consumers, such as the demand for organic, natural, and functional packaged currants. Some of the startups in the market include Little Red Dot Kitchen, Berry Joe, and Rubies in the Rubble.

Ready to tap into the potential of the Packaged Currants Market? Get an edge over your competitors with comprehensive insights. Buy now and gain access to detailed segment information. https://www.futuremarketinsights.com/checkout/16660

Key Segments

Product:

• Blackcurrant
• Redcurrant

Application:

• Online Sales
• Offline Sales

Region:

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

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

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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In 2023, the frozen fruits and vegetables market was estimated to be worth US$ 4.31 billion and was projected to expand at a CAGR of 6.7%. In 2033, it is expected that the frozen fruits and vegetables market is anticipated to be worth US$ 8.24 billion. Unseasonal fruits are likely to continue to grow in popularity because of their outstanding nutritional value and freshness on a worldwide scale.

Frozen Fruits and Vegetables are Difficult to Degrade when Exposed to Light, Heat, and Dust

Due to the numerous advantages of frozen produce, consumer demand for frozen fruits and vegetables is rapidly increasing. The process of freezing fruits and vegetables preserves their color, flavor, and nutritional value. It suppresses bacterial growth and delays decay by freezing the liquid that is left over.

Having been frozen, fruits and vegetables are also more resistant to deterioration brought on by difficult transport and exposure to light, heat, and dust. They have a lot to offer, including low cost, ease of preparation, and availability throughout the year.

Preparation-free Food that Saves a Ton of Time Drives the Market Growth

Consumers are switching to frozen fruits and vegetables since they don’t need to be cleaned, peeled, or chopped, because of extended work hours, growing health consciousness, and the incidence of lifestyle diseases.

While maintaining a high level of nutrition, they assist in cutting down on overall cooking time. As a result, producers are introducing distinctive product versions that use herbs and spices from regional produce to diversify their product lines and draw in a wide customer base.

Growing middle-class populations, particularly in Asian nations, with rising income levels, are positively influencing the frozen fruits and vegetables market expansion. In addition, consumers now favor using their credit or debit cards to pay for their online purchases to get over regional restrictions. This is giving the market’s expansion a boost, working in tandem with the booming e-commerce sector.

Regional outlook

While the global frozen fruits and vegetables market is divided into five distinct geographical areas, including Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America.

The North American region has recently led the industry in terms of the industry share. North America’s dominant position in the global market can be ascribed to the availability of strong and well-trained cold chain logistics facilities, as well as related infrastructure, in the region.

The market in Asia Pacific, on the other hand, is expected to increase at a considerable rate in future years, owing to the changing lifestyle and food preferences of the region’s consumers.

Key Takeaways

• During the projected period, the United States frozen fruits and vegetables market is expected to be worth US$ 6.9 billion.
• China is expected to reach a market size of US$ 5.6 billion over the forecast timeline, with a CAGR of 4%.
• Japan and Canada are expected to increase at 1.4% and 2%, respectively, throughout the predicted period.
• Germany’s frozen fruits and vegetables market is expected to register a 1.8% CAGR through 2033.
• During the projection period, frozen tropical fruits accounted for more than 40.0% of the market.
• Frozen berries are predicted to record a CAGR of 7.5% between 2023 and 2033.
• During the forecast period, the offline segment I expected to dominate the market with a share of more than 80.0%.
• The online distribution channel is predicted to expand with a CAGR of 7.7% until 2033.

Competitive Landscape

The research report thoroughly examines one of the most significant producers and businesses functioning in the global frozen fruits and vegetables market, as well as their present market positioning and market share.

Some of the top companies operating in the landscape of the global frozen fruits and vegetables market include Findus Sverige AB, Simplot Australia PTY Ltd., Pinnacle Foods Corp, Bondeulle Group, SunOpta, Inc., Fruktana Ltd., Breukers Schamp Foods, HJ Heinz, Ardo N. V., Dole, General Mills, Capricorn Food Products India, Ltd., Alasko Foods Inc.

According to recent studies, there is anticipated to be intense competition in the global market during the next few years.

Recent Developments

• In November 2021, Nestle released ‘Wildspace.’, which comprises a wide choice of healthy frozen meals packaged in reusable and recyclable containers. It provides at least six distinct types of meals.
• In September 2021, Grupo Bimbo added four frozen bakeries to its lines in the Argentina factory. This has proven to be a beneficial move as the company expands its export business in adjacent countries.

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Key Segments

By Product Type:

• Frozen Vegetables
• Frozen Fruits

By Distribution Channel:

• Online
• Offline

By Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East Asia

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

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

Contact Us:

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

As per a recent research report published by Future Market Insights, a market research and competitive intelligence provider, sales of food premixes in the Middle East are estimated to reach a value of US$ 512 million by 2033. The market is anticipated to record a CAGR of 10.1% over the forecast period.

Premixes are becoming immensely popular because they are becoming highly aware of their health and have more income. Hence, they want to supplement their diets with nutritious meals that are simple to eat and available in both liquid and powder form.

Rising incidence of vitamin deficiency cases and increasing demand for food products fortified with vitamins would push the Middle East food premix market in the next ten years. High consumption of vitamin supplements and surging preference for functional ingredient blends are a couple of other key drivers of the market.

Consumers are seeking products that would help them in enhancing focus & vision and cognitive functions. Customized premixes are hence an absolute choice for the sports nutrition industry. It has been scientifically proven to reduce fatigue and lead to improved concentration, health, and vision.

Key Takeaways from Middle East Food Premix Market Study:

• The Middle East food premix market is likely to record a CAGR of 1% from 2023 to 2033.
• Based on form, the powder segment is likely to generate more than 70% of share in the Middle East food premix market in the next ten years.
• By application, the dietary supplements are set to cover around 18% of share in the Middle East food premix market by 2033.
• In terms of function, the immunity segment is estimated to hold the lion’s share in the Middle East food premix market by 2033.
• The Middle East food premix market witnessed a CAGR of 7% in the historical period from 2018 to 2022.

“Bespoke blend manufacturers continuously strive to offer cutting-edge products that meet dietary needs. Since the epidemic, consumers have also been much more devoted to eating healthily, which would support industry growth,” says a lead analyst at Future Market Insights.

Competitive Landscape: Middle East Food Premix Market

A few key players in the market are Hexagon Nutrition, Jubilant Life Sciences, Glanbia, SternVitamin, B&H Biotechnology, Prinova Group, Koninklijke DSM, Lycored, Farbest Brands, Archer Daniels Midland, Barentz, Fenchem, and Watson Inc. among others.

The Middle East food premix market is highly fragmented and competitive as a result of the presence of various international competitors. Key companies are utilizing a range of marketing strategies, such as alliances, expansions, mergers and acquisitions, and collaborations, to boost their positions.

Get More Valuable Insights into Middle East Food Premix Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Middle East food premix market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study incorporates compelling insights on the Middle East food premix market based on form (powder, liquid), ingredient type (vitamin, minerals, amino acid, nucleotides, botanicals), application (dietary supplement, food & beverages, pharma over-the-counter drugs, early life nutrition), function (bone health, immunity, digestion, vision health, energy, weight management, heart health, brain health & memory), and region.

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Middle East Food Premix Market Outlook by Category

By Form:

• Powder
• Liquid

By Ingredient Type:

• Vitamin
• Minerals
• Amino Acid
• Nucleotides
• Botanicals

By Application:

• Dietary Supplement
• Food & Beverages
• Pharma Over-the-counter Drugs
• Early Life Nutrition (Baby Foods)

By Function:

• Bone Health
• Immunity
• Digestion
• Vision Health
• Energy
• Weight Management
• Heart Health
• Brain Health & Memory

By Country:

• Saudi Arabia
• Qatar
• United Arab Emirates
• Bahrain
• Kuwait
• Oman
• Israel
• Rest of the Middle East

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

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

Contact Us:

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

The global kids’ food and beverages market is expected to reach a valuation of USD 138.8 billion in 2023, and is projected to record a CAGR of 6.2% from 2023 to 2033. The global kids’ food and beverages market report also predicts the evaluation to reach USD 253.3 billion by 2033.

The primary factor propelling the growth of the global market for kids’ food and beverages is the rise in family income globally. Likewise, engaging commercials that target specific age groups and cross-cultural impact through digital media have helped in market expansion. Given how much advertising contributes to the success of kids’ products, many players have made it their primary marketing approach. As a result, governments all over the world are passing laws that restrict children’s food advertising and promotion based on deceptive marketing goals. At present, both high- and low-income countries are witnessing an increase in the percentage of children under the age of five who are overweight, which is alarming. This is expected to limit the market in the future.

To limit the market potential for local businesses, certain European Union countries have prohibited the marketing of HFFS products to viewers in particular age categories. Parents now select items with reduced sugar content due to the general increase in childhood obesity and the issues it causes. Kids’ food and beverage producers have now introduced new items that have less sugar, extra protein, and more fresh fruits and vegetables.

Key Takeaways

• As per the FMI market predictions, the overall demand for this category of products in the United States is estimated to be US$ 63.6 billion by 2033.
• Sales of kids’ food and beverages are anticipated to register a CAGR of 9.3% in China, as compared to any other country.
• Positive market influences include the expansion of e-commerce platforms in emerging economies and the growing popularity of packaged food items around the world.

Competitive Landscape

Atkins Nutritionals Inc., Britvic Plc, Brothers International Food Corp., Campbell Soup Company, Conagra Brands Inc., Elevation Brands LLC, General Mills Inc., GlaxoSmithKline Consumer Healthcare Ltd., GlaxoSmithKline Plc, Kellogg Company, Lifeway Foods Inc., McKee Foods Corporation, Mondelez International, Nestlé S.A., PepsiCo Inc, The Kraft Heinz Company, Tipco Foods Public Company Limited, Want Want China Holdings Ltd. Among others are some of the significant players in the global kids’ food and beverages market.

Recent Developments

• Danone launched the Dairy & Plants Blend formula in July 2022, in response to requests from parents for feeding options that are appropriate for vegetarian diets and plant-based diets, while also addressing the specific nutrient needs of their children. According to the Gerber Company, the plant-based, carbon-neutral baby food line Plant-tastic had its market launch in April 2022. It is sponsored by Nestlé and sells a range of organic pouches, snacks, and complete meals made from nutrient-rich, plant-based sources.

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Given Below are the Kids’ Food and Beverages Market Segments

By Product Type:

• Frozen Foods
• Dairy Products
• Beverages
• Cereals
• Meals
• Self-stable Produce
• Snacks (Salty & Sweet)
• Fortified Foods
• Others

By Age Group:

• 2 to 3 years
• 4 to 8 years
• 9 to 13 years
• 14 to 18 years
• Others

By Category:

• Organic
• Conventional
• Others

By Distribution Channel:

• Drugstores or Pharmacies
• Supermarkets or Hypermarkets
• Convenience or Retail Stores
• Online Distribution Channel
• Other Distribution Channels

By Region:

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

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

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

Contact Us:

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

The cider market is anticipated to reach a valuation of USD 17.9 billion by 2023 and a projected valuation of USD 27.3 billion by 2033, as demand for cider surges with a steady 5.1% CAGR.

Increased per capita income and drinking as a status symbol have contributed to a rise in the demand for premium spirits, which is one of the leading growth drivers in the worldwide cider industry. Consumers are increasingly attracted to heritage, quality, and innovation in alcoholic drinks. On the other hand, market growth for cider is expanding as demand for low-alcohol drinks rises.

The World Health Organization has dubbed cardiovascular disorders ‘silent killers’ since they account for the majority of deaths in adults under the age of 70. In addition, alcohol use has historically increased the chance of getting certain disorders. As a consequence, ‘alcohol-free cider’ and ‘low alcohol cider’ product offerings on the cider market have gained appeal.

Individuals are increasingly drinking cider-based drinks owing to their anti-platelet and anti-inflammatory properties. Apple cider is a functional beverage containing bioactive polyphenols, as may be readily proved by studies. Moreover, PAF, an inflammatory and thrombotic lipid mediator, is greatly suppressed by the potent antiplatelet properties of bioactive polyphenols.

It was shown that the PL from all sources of cider products was rich in PUFA, especially n-3 PUFA and MUFA, which explains why they had such potent anti-inflammatory and anti-platelet properties. In addition, the presence of polyphenols has led to the formation of a structural analog that affords multiple cell receptors with strong antagonistic properties.

Cider’s sugar content offers a key worldwide cider business difficulty. Firstly, compared to wine, cider has a lower glycemic index, since the bulk of apples contains less sugar than grapes. Regardless, the fermented result contains a great deal of sugar.

A recent study indicates that a 470 ml can of natural cider has 20.5 grams of sugar, the recommended daily maximum for adults. Depending on whether cider is drunk with lager or ale, the sugar content may rise by a factor of 5 or 10. Given that diabetes is one of the most prevalent cardiovascular illnesses, and that people’s dietary tastes have changed in reaction to these data, the cider industry confronts a formidable obstacle.

Key Takeaways

• The global cider market is expected to record a CAGR of 5.1% over the analysis period 2023 to 2023.
• The Asia Pacific region, led by countries like Australia, India, and South Korea, is forecast to reach a market size of US$3.2 billion by 2027.
• The competition in the cider market is intense, with many established players and new entrants vying for market share.
• Health concerns and seasonal demand are some of the factors that act as restraints on the growth of the cider market.
• Strict regulations and high production costs are also challenges faced by the cider industry.

Competitive Landscape

The cider market is highly competitive, with established players and new entrants vying for market share. Established players in the market include brands like Heineken, Anheuser-Busch InBev, and Carlsberg Group, who have a strong presence in the market through their wide range of offerings and distribution networks.

New entrants, such as craft cider makers and microbreweries, are entering the market and disrupting the traditional players. They are offering unique flavors and blends, using locally sourced ingredients, and targeting a specific niche of consumers. These new entrants are also capitalizing on the growing trend of artisanal and natural products.

In terms of the startup ecosystem, the cider market offers a range of opportunities for new entrepreneurs and startups. With the growth of the market and the increasing demand for unique and locally sourced products, there is a growing opportunity for startups to create their niche in the market and establish themselves as leading players.

However, the startup ecosystem in the cider market is also facing challenges, including high production costs, intense competition, and strict regulations. Nevertheless, the growing demand for unique and locally sourced products is providing new startups with the opportunity to succeed and grow in the market.

Recent Developments

• In April 2022, Aston Manor stopped giving out ring boxes made of plastic and started giving out cider bottles instead, which can be recycled.
• In May 2022, Molson Coors finished a US$ 13 million modernization project at the Aspall Cyder factory in Suffolk.
• In March 2022, Heineken grew its line of alcohol-free beer and Old Mout cider.

Market Presence Across Multiple Geographical Footprints – Strong/Active/Niche/Trivial – Buy the report: https://www.futuremarketinsights.com/checkout/16653

Key segments

Product:

• Flavored
• Unflavored

Packaging:

• Glass Bottles
• Plastic Bottles
• Aluminum Cans

Distribution:

• Hypermarkets/ Supermarkets
• Specialty Stores
• Online Retail

Region:

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

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

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The packaged milkshakes market was valued at USD 323.84 million in 2023, and it is likely to expand at a CAGR of 6.3% over the forecast time. A global market worth USD 596.58 million is poised to exist by 2033.

Customers who are becoming more worried about their health and their hectic schedules are the main market drivers. As packaged milkshakes are portable and contain proteins, vitamins, and other trace elements, it is expected that demand may increase during the projected period.

Packaged Milkshakes Market in the Future: Key Trends and Bottlenecks

Accelerated Use of Tetra Packs for Milkshakes to Positively Impact Market Growth

Asia Pacific is a leading producer and consumer of milk. Unfortunately, milk availability varies considerably. Tetra Pak is transforming the landscape in collaboration with groups like Amul and the Karnataka Milk Federation. Milk cooperatives and private dairies can transport fresh milk from farmers to homes because of innovative, affordable, and small Tetra Pak pack forms.

Tetra Packs are smaller and need less energy to send. Food waste is reduced because the contents remain longer. During the anticipated period, the packaged milkshakes market is expected to develop due to the expanding use of tetra packs for milkshake packaging.

Milkshake Innovations to Push Up Demand for Packaged Milkshakes

The packaged milkshake market is expanding as a result of the creation of new, inventive milkshake varieties. To strengthen its position in the beverage sector, a new line of shakes in four flavors was introduced.

• Aimed at young people, Amul Kool Milk Shake is a combination of milk and fruits (banana, mango, and strawberry), whereas Amul Kool Milk Shake Badam contains nuts. Tetra packs and cans were used to package the four kinds.

The market is expected to increase between 2023 and 2033 as a result of these types of cutting-edge product introductions.

Inadequacy of Infrastructure, Hurdles in Conducting Business, and Profitability Concerns Challenges Currently Facing Market Growth

Despite the packaging industry’s preference, several factors are preventing the sector from growing. The market is being constrained by a lack of suitable infrastructure and operational challenges. To have a more individualized experience, certain classes of customers in certain regions prefer unpackaged milkshakes from local sellers, possibly merely in glasses.

Such consumer groups may be discouraged from choosing bottled milkshakes due to misconceptions about packaging. The packaged milkshake market is experiencing growing challenges as a result of these problems.

Key Takeaways

• In a packaged milkshake, the chocolate flavor is one of the most popular tastes, and during the projection period, sales of this flavor accounted for 39.2% of total sales.
• Paper dominated the market in terms of packaging material, accounting for 37.2% of global revenue during the forecast period.
• Between 2023 and 2033, Asia Pacific had a 32.0% packaged milkshakes market share.
• The Middle East and Africa are anticipated to record a CAGR of 7.2% throughout the projection period.
• By 2023, the market in India is predicted to reach US$ 16.68 billion, recording a CAGR of 12.9%. By 2033, it is anticipated that the Indian market is likely to be worth US$ 56.12 billion.

Competitive Landscape

The Hershey Company, CavinKare, Mother Dairy Fruits & Vegetables, Britannia, Friesland Campina, Danone, Nestle, GCMMF, Dean Foods, The Hershey Company, Muller UK & Ireland, and Mother Dairy Fruits & Vegetables are a few of the key market participants in the sector.

Due to the local merchants’ presence in the unorganized market and unpackaged milkshakes, the market has medium to low entry barriers. The packaged milkshakes market is further fueled by novel flavor combinations and packaging innovations.

Recent Development

• Mother Dairy launched the brand ROCKET to the cutting-edge ice cream industry.

In July 2020, Mother Dairy debuted the brand ROCKET, joining the cutting-edge Ice Cream – Chocolate category with two revolutionary flavors: Belgian Chocolate and French Vanilla.

Neila, a brand mascot that represents Mother Dairy’s preferred color Blue, was also developed by the company! With the introduction of ROCKET Ice Cream – Chocolate, Mother Dairy continues to prioritize innovation and customer service.

• CavinKare introduced cleaning goods under its personal care brands.

Beginning in March 2020, CavinKare introduced sanitizing goods at Re 1. The company has adopted its decision across all new SKUs, including 10 ML, 50 ML, 90 ML, 400 ML, 800 ML, and a 5-liter pack, and it is well within the government’s recently established pricing guideline.

The business has launched hand sanitizers under the personal care brands Chik and Nyle, as well as its professional brand Raaga.

Key Segments

By Flavor:

• Chocolate
• Vanilla
• Strawberry
• Others

By Packaging Material:

• Glass
• Tin
• Paper
• Plastic

By Region:

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• Central and South America

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

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The vegan Asian food market is forecasted to be worth US$ 18,196.8 million in 2023 and to reach a worth of US$ 30,806.3 million by 2033. The demand for vegan Asian food is predicted to rise steadily with a CAGR of 6%.

As incomes rise in Asia, the disposable income of consumers has increased to spend on food. This trend is driven by economic growth and development in the region. With more disposable income, consumers can afford to purchase higher-valued food products, such as meat, dairy, and processed foods. This may drive demand for these types of products, as well as for premium and luxury food products.

Consumer preferences are changing in Asia, as people become more health conscious and look for foods that are low in sugar, salt, and fat. This trend is driven by the increasing awareness of the link between diet and health, and the growing prevalence of lifestyle-related diseases such as obesity and diabetes.

Consumers are looking for food products that can help them maintain a healthy diet and prevent these diseases. Therefore, firms that produce healthy and natural food products, such as organic and whole foods, as well as functional foods that provide health benefits, may have a significant opportunity to capitalize on this trend.

Government support is also a driver of the vegan Asian food market. Governments in Asia are investing in the food industry to increase production and improve food security. This may lead to increased investment in the industry, the development of new technologies and products, and the creation of new jobs. Governments are also implementing policies and regulations to improve the safety and quality of food products. These policies may drive innovation and improvements in food safety and quality.

Innovation is also an opportunity in the vegan Asian meals market. Companies can develop new products and technologies to meet the changing needs of consumers. This can include the development of new packaging materials, new flavors, and new products that cater to specific consumer groups. This trend is driven by the need to differentiate products and stand out in a crowded market.

Consumers are becoming increasingly concerned about the safety and quality of food products. This trend is driven by the increasing awareness of food-borne illnesses and the negative impact of pesticides and chemical fertilizers on the environment. Consumers are looking for food products that are produced in compliance with food safety and quality standards.

Key Takeaways

• The vegan Asian food market is growing at a fast pace due to increasing demand for plant-based products.
• The market is driven by factors such as rising incomes, urbanization, and changing dietary habits.
• Countries like China, India, and the United Kingdom are considered attractive markets for vegan Asian food.
• The market is expected to see increased competition from both established food companies and startups.

Competitive Landscape

The competitive landscape in the vegan Asian food market is becoming increasingly crowded, with a growing number of companies entering the market. Traditional food companies are expanding their product offerings to include vegan options, while new startups are launching with a focus on vegan Asian food products.

In terms of startups, the vegan Asian food market is relatively new and the ecosystem is still developing. However, several startups are making a name for themselves in the market. These startups are focused on developing new and innovative vegan Asian food products, such as plant-based meat, dairy, and other protein products. Some examples include Impossible Foods, Beyond Meat, and Omnipork, which are known for their plant-based meat alternatives.

Large food companies are also starting to enter the market, such as Nestle, Unilever, and Tyson Foods, which are investing in plant-based protein research and development.

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Key Segments

Alternative:

• Fish Alternative
  • Vegan Sashimi
  • Vegan Unadon
  • Vegan Daing
  • Vegan Hitsumabushi
• Crab Alternative
  • Vegan Black Pepper Crab
  • Vegan Gejang
  • Vegan Chilli Crab
  • Vegan Mitten Crab

Distribution Channel:

• Direct Sales
• Indirect Sales
  • Specialty Stores
  • Hypermarket/Supermarket
  • Online Retail

Region:

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

About Future Market Insights (FMI)

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

Contact FMI:

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
Website: https://www.futuremarketinsights.com
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