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The global shea butter market is set to witness growth at a CAGR of 7.7% and top a valuation of US$ 5.5 Bn by 2032, finds Future Market Insights (FMI). Increasing consumption and binge eating of chocolates and confectionery products is encouraging manufacturers to develop alternative solution such as shea butter as an ingredient, which are nutritional for human health.

It is now commonly acknowledged that consuming dietary items containing trans-fatty acids has significant cardiovascular health consequences. In several countries, such as the U.K., this has resulted in voluntary initiatives and governmental measures to reduce the intake of food products containing such ingredients.

To capitalize on this trend, key operators in the market, like Cargill, are introducing shea butter as a cocoa butter equivalent in the food industry. Various factors related to cocoa butter products, like uncertainty in supply, premium price, variability in quality, and other factors have increased the demand for shea butter.

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On the back of this factor, the demand for shea butter is increasing due to the extensive use in several confectionery products, such as snacks, candy & jelly, toffees, chocolate, and others.

With the concept of premiumization including superior mouthful experience and a far-fetched quality of such end products, the global shea butter market will witness steady growth over the forecast period.

Key Takeaways from Market Study

• The shea butter market is expected to reach a valuation of US$ 2.6 Bn in 2022.
• Sales of shea butter market is expected to increase at 7.7% CAGR between 2022 and 2032.
• Global shea butter demand is projected to grow year-on-year (Y-o-Y) growth of 8.2% in 2022.
• The shea butter market is growing with a notable boost towards the production to reach USD 5.5 Bn by 2032.
• In terms of nature, the organic segment is anticipated to dominate the market over the forecast period
• In terms of grade, the unrefined form of shea butter is expected to witness significant growth over the assessment period.

Competitive Landscape

Key manufacturers of shea butter are focusing on sustainable product developments and also looking for investing in state-of-the-art processing facilities to further help the industry growth.

• On September 8, 2020, Bunge Loders Croklaan (BLC) made an official announcement on establishing a state-of-the-art processing facility of shea butter in Tema, Ghana along with the campaign ‘Where Life Grows’ to celebrate efforts of the company to build a sustainable and resilient supply chain of shea butter in Africa.
• On March 11, 2021, Fuji Oil Holdings, Inc. had launched a shea sustainability program known as ‘Tebma-Kandu’ in north Ghana to facilitate women empowerment including continuous improvement activities about reforestation and local value creation.

Shea Butter Market by Category

By Nature:

• Organic
• Conventional

By Grade:

• Grade A (raw or unrefined)
• Grade B (refined)
• Grade C (highly refined)
• Grade D (lowest uncontaminated grade)
• Grade E (with contaminants)

By Application:

• Food Processing
• Cosmetics & Personal Care
• Pharmaceuticals Industry
• Others

By Region:

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

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Frequently Asked Questions

• How much worth is the shea butter industry?
• At what CAGR is the market poised to expand through 2032?
• How has the performance of shea butter been over the past half-decade?
• What will be the market for shea butter worth in 2032?
• Who are the key players operating in the market?
• Which are the top countries driving the demand in shea butter market?

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.

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As per a recent market analysis by Future Market Insights (FMI), the global cheese market is forecast to total US$ 92 Bn in 2022. With sales growing at a 3.4% CAGR, the market valuation will reach US$ 128.5 Bn in 2032.

Increasing preference for healthier snack options is encouraging product developments in the market. Consumers are more concerned about portion control than giving in to another fistful of chips. In fact, nearly four out of ten consumers polled by the International Food Information Council claimed they sometimes eat snacks instead of meals (typically lunch).

Cheese is a vital nutritional component in many snack foods, serving as a full supply of protein, vitamins, and minerals. There’s also been a big drive to come up with new ideas for healthier, ready-to-eat cheese products, like cheese-flavored popcorn, puffs, and crisps, which is anticipated to boost the market in the forthcoming years.

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The desire to create new cheese snack products has resulted in a demand for more intriguing flavors. Consumers want bolder flavors and more descriptive, branded items. Over the last few years, cheeses with flavors like chive and onion, truffle, dill & garlic, garlic & herb, and chilli have gained immense popularity.

Simultaneously, manufacturers are launching personalized and customized cheeses as per end-use requirements. These cheeses are beyond the conventional cheddar or mozzarella flavor and are widely being adopted in restaurants, cafes and cloud kitchens.

 “Surging demand for plant-based alternatives is anticipated to drive sales of vegan cheese. In addition to this, ongoing expansion of the dairy sector in emerging economies is fueling the consumption of premium cheeses, which will augment the growth in the market,” says an FMI analyst.

Key Takeaways:

• Based on nature, the organic cheese segment will account for a dominant share in the global cheese market.
• In terms of source, sales of plant-based cheese will continue graining traction through 2032.
• By product type, demand for cheddar and parmesan will remain high.
• Based on end use, sales of cheese for household usage will gain momentum over the forecast period.
• The U.S. will continue dominating the North America cheese market owing to the present of a robust food and beverage sector.
• Sales of cheese in the France market will increase at a 3.8% CAGR over the forecast period.
• Canada will emerge as a lucrative market, with demand growing at a steady 4.2% CAGR through 2032.
• Demand for cheese in India will grow at a considerable pace owing to the expansion of the foodservice sector in the country.

Who is winning?

Some of the leading companies offering cheese are Glanbia plc, Saputo, Arla Foods, BEL Group, Fonterra, FrieslandCampina, Dalter Alimentari Spa, The Kraft Heinz Company, Amul, DMK Deutsches Milchkontor GmbH, Meiji Holdings, Associated Milk Producers Inc., Britannia Industries, Almarai, Treeline Cheese, Follow Your Heart, Daiya Foods Inc., Kite Hill, and othes.

Cheese Market by Category

By Nature:

• Organic Cheese
• Conventional Cheese

By Source:

• Dairy-based Cheese
• Plant-based Cheese

By Product Type:

• Mozzarella
• Cheddar
• Pepper Jack
• Parmesan
• Gouda
• Other

By Form:

• Block
• Cube
• Shreds
• Slice
• Spread
• Powder
• Sticks

By End Use:

• Food and Beverage Industry
• HoReCa
• Household Retail

By Sales Channel:

• B2B
• B2C
  • Modern Trade
  • Convenience Stores
  • Traditional Grocery Stores
  • Specialty Stores
  • Online Retail
  • Other Retail Formats

By Region:

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

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Key Questions Answered in the Report

• How big is the cheese market?
• What is the North America cheese market outlook?
• At what rate will the demand for cheese grow in Europe?
• What are the key trends shaping the cheese market?
• At what rate will sales of cheese grow in Japan?

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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The global fish sauce market is set to witness growth at a CAGR of 5.8% and is anticipated to reach a valuation of around US$ 30.5 Bn by 2032.

Global fish production reached 179 million metric tons in 2018, according to the United Nations, with 23 million metric tons going to human consumption. This is due to several factors, the most significant of which is increasing awareness of the health benefits of seafood.

Seafood is low in saturated fats, high in protein and nutrients such omega-3 fatty acids, vitamin A, and vitamin B. Regular seafood consumption has been shown to improve cardiovascular health and reduce the risk of heart attacks and strokes. Furthermore, consumers are willing to try new foods, which is boosting the demand for various flavored fish sauces, such as hot sauce and soy sauce.

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On the production front, consistent nominal fish prices have resulted in increasing production of fish and fish sauce products. According to a joint OECD-FAO report, nominal fish prices are predicted to rise at a rate of 1.5-2.1 % per year over the next decade. This means that major manufacturers of fish sauce will have lower production costs, allowing them to produce on a larger scale.

“Increasing inclination towards ethnic and exotic food, along with wide availability of a hufe variety of sauces and condiments at online retail channels is expected to broaden the scope of fish sauce applications over the assessment period,” says an FMI analyst.

Key Takeaways:

• Based on product type, demand in the plain fish sauce segment will command more than 50% of the total fish sauce sales.
• In terms of technique, sales in the traditional method segment will account for a lion’s share in the global fish sauce market.
• By sales channel, the offline segment will remain highly lucrative through 2032.

China will emerge as an attractive market for fish sauce. Demand in the East Asia fish sauce market is expected grow at a 5.0%.

• North America is expected to emerge as a prominent market for fish sauce, dominated by the U.S. over the forecast period.

Competitive Landscape

Leading fish sauce makers are attempting to expand their footprint across attractive pockets by introducing new products, developing strategic partnerships with existing players, and purchasing small-scale producers. The following are some noteworthy market developments:

• Masan Consumer Holdings, situated in Vietnam, is a well-known fish sauce producer. Chin-Su Fish Sauce, Chin-Su Nam Ngu, and Nam Ngu Fish Sauce are among the company’s offerings. While the first two products are aimed at premium and high-end customers, the latter is designed exclusively for mid-tier customers and those looking for good value.
• Teo Tak Seng Fish Factory Co. Ltd., likewisw, sells its signature silver pomfret sauce, which is produced with fresh anchovies and salt. The sauce’s strong taste makes it great not just for stir-frying, but also as a delightful dip for a range of food.

Fish Sauce Market By Category

By Flavor:

• Plain Fish Sauce
• Spiced Fish Sauce

By Technology:

• Traditional Method
• Industrial Method

By Sales Channel:

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

By Region:

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

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Key Questions Answered in the Report

• How much is the fish sauce market currently worth?
• What is the growth rate of the fish sauce market over the forecast period?
• What is the anticipated market value of the fish sauce market in 2032?
• Which region is expected to drive the fish sauce market over the forecast period?
• Who are the key players in the fish sauce market?

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

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The global fungal protein market size is expected to reach US$ 3.8 Bn in 2022, with sales growing at a robust 8.7% CAGR over the forecast period 2022 and 2032.

The fungal protein market is gaining traction due to the rising awareness of the benefits of the product on human health. Ankaflavins, melanins, flavins, anthraquinone, naphthoquinone, and quinones, which are pigments found in fungi, are gaining popularity due to their potential medical and dietary characteristics.

Another low molecular-weight thiol found in high amounts in filamentous fungi and yeasts is glutathione, which is used in basic cellular activities, cell development, differentiation, mitochondrial structure, and membrane integrity.

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Glutathione deficiency adds to oxidative stress, which has been linked to the development of diseases such as Alzheimer’s, stroke, and diabetes.

The presence of vitamins, proteins, mannanoligosaccharides, nucleotides, minerals, and -glucans in yeast-based fungal proteins is projected to increase its applications in product demand in animal nutrition products for enhancing gut health, and boosting palatability and flavor.

Mycoproteins’ effect in lowering total cholesterol levels and short-term calorie consumption is boosting the market worldwide and it shows great potential as an accessible protein that can aid muscle protein synthesis.

“Rising awareness regarding the health benefits of fungal protein, along with increasing preference for sustainable protein alternatives will augment the growth in the market over the forecast period,” says the FMI analyst.

Key Takeaways:

• By type, sales in the yeast segment accounted for more than four-fifths of the total market share in 2020, and it is expected to maintain its dominance throughout the forecast period.
• In terms of nature, demand for organic fungal protein is forecast to gain traction at a 9.7% CAGR through 2032.
• Applications of fungal protein in animal nutrition will remain high over the assessment period.
• Sales of fungal protein in the Europe market will grow at a 6.9% CAGR over the forecast period.
• The U.S. will continue dominating the North America fungal protein market, with sales growing at a robust 8.6% CAGR.

Who is winning?

With the increasing penetration of the Internet in across the globe, consumers are becoming more aware of the benefits and functional qualities of fungi-based proteins. As a result, food and beverage companies are turning to e-commerce to expand their global reach and presence in the fungi-based protein market.

Some of the leading companies offering fungal protein are DSM N.V., AB Mauri, Lesaffre Group, Kerry Group, Alltech, Synergy Group, Lallemand, Inc., Sensient Technologies Corporation, Oriental Yeast, Halcyon Proteins, and others.

Fungal Protein Market by Category

By Nature:

• Organic
• Conventional

By Type:

• Yeast
  • Baker’s Yeast
  • Brewer’s Yeast
• Fusarium Venenatum

By Application:

• Food & Beverages
  • Bakery
  • Processed Food
  • Dairy
  • Others
• Animal Nutrition
• Pharmaceuticals

By Region:

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

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Key Questions Answered in the Report

• How Big is the Fungal Protein Market?
• At what Growth Rate is Fungal Protein Market Growing?
• What is the North America Fungal Protein Market Outlook?
• At What Rate will Fungal Protein Demand Grow in Europe?
• What Are the Key Trends Shaping the Fungal Protein Market?

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

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The botanical supplements market is valued at US$ 55.6 Bn in 2022 and is projected to grow at a CAGR of 7.7% during the forecast period, to reach a value of US$ 116.7 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global botanical supplements demand is projected to grow year-on-year (Y-o-Y) growth of 7.3% in 2022.

The team of researchers at Future Market Insights are focussing on research and market study to produce different Botanical Supplements Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Botanical Supplements Market.

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Apart from providing authentic taste to products, botanical supplements also come with perceived health benefits. For instance, green tea extract can well maintain cardiovascular health and Echinacea plant can boost immune system. According to research, 97% of European consumers can perceive the term of botanical or herbal supplements well, while 82% trust on such products to maintain a natural and strong health.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

• Glanbia plc
• BASF SE
• Archer Daniels Midland Company
• Naturex SA (Givaudan)
• Amway Corporation
• The Bountiful Company (Nestlé)
• Now Foods
• Dabur India Limited
• Himalaya Wellness Company
• Others

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Botanical Supplements Market by Category

By Source :

• Vegetables & Fruits
• Herbs & Spices
• Flowers
• Seeds & Nuts
• Leaves
• Bulbs & Roots
• Barks & berries
• Others

By Form :

• Powder
• Liquid
• Capsule
• Bars
• Gels
• Granules
• Oils
• Others

By Distribution Channel :

• Offline Stores
• Online Retails

By Application :

• Food & Beverages
• Pharmaceuticals
• Sports Nutrition & Dietary Supplements
• Cosmetics and Personal Care
• Pet Care Industry
• Commercial Households
• Others

By 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 botanical supplements industry worth?
• The botanical supplements market is estimated to reach sales nearly US$ 55.6 Bn by 2022.
• At what CAGR is the botanical supplements market poised to expand through 2032?
• How was the performance of botanical supplements market over the past half-decade?
• What will be the botanical supplements market size in 2032?
• Who are the key players operating in the botanical supplements market?
• Which are the top countries driving the botanical supplements demand?
• What are the key factors affecting the botanical supplements market growth?

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

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

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The global refrigerated snacks market is expected to reach a market valuation of US$ 84.5 Bn by the year 2022, accelerating with a CAGR of 4.2% by 2022-2032. Refrigerated snacks sales are likely to account for ~20% of the overall snacks market, which is anticipated to be valued at US$ 427.2 Bn by 2022 end.

Low-calorie food products such as refrigerated snacks are in high demand around the world, as consumers strive to live a healthier lifestyle. Hypermarkets and supermarkets are popular channels for retailing food in urban areas, particularly among middle- and upper-income earners, whereas small shops are more popular among low-income earners.

Flexitarian consumers are surging in number, which will aid overall expansion of the refrigerated snacks market. Consumers who follow a flexitarian diet eat a plant-based diet with irregular consumption of meat, which is more feasible for consumers than going completely vegan or vegetarian. The flexitarians population is rapidly increasing, increasing demand for plant-based products such as plant-based refrigerated snacks.

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Many food giants are supporting the sales of meat substitute goods. With the help of advanced food technology, manufacturers are developing plant-based food products with meat-like taste and texture attributes.

Key Takeaways from Market Study

• The market is segmented based on nature, wherein the conventional refrigerated snacks are anticipated to account for around 87% of the market share over the forecast period.
• The North America refrigerated snacks market is anticipated to dominate the global market with a share of around 29% in 2022.
• On the basis of type, refrigerated savory snacks are expected to hold dominant share in 2022, but the demand for refrigerated fruit snacks is expected to grow at a healthier pace forecast period.
• Based on sales channels, the retail/household segment accounted for nearly 59% of the global market, but the foodservice industry is expected to grow at higher rate over the forecast period. In the retail/household segment, online retail stores are expected to dominate the global market over the forecast period.
• As more consumers use smartphones to order food and groceries, e-Commerce is gaining traction around the world. Rapid digitalization has led to a widespread e-Commerce penetration in Asian countries, with China leading the way with a sizable market share. Refrigerated snacks have a long shelf life and can be packaged in a variety of ways, attracting a large customer base.

 “The growing popularity of plant-based products snacks among consumers is piquing the interest of large corporations in such products. To expand their plant-based snacks offerings, tier 1 players are looking for expansion and acquiring small plant-based companies and brands.” says a Future Market Insights analyst.

Competitive Landscape

The foodservice industry’s demand for labeled food is increasing. This is growing rapidly, particularly in developing countries. The easy accessibility of these goods in the retail market has led to a large consumer base, which presents opportunities for refrigerated snack manufacturers.

Refrigerated snack use in the food industry has grown dramatically in recent years. However, there is an inherent opportunity for producers to launch their products in the retail market in the near future in order to enter the food-service industry and households. The following are some noteworthy market developments:

• Tyson Foods has introduced a new line of functional refrigerated protein snacks under the Pact brand, which was created to assist people in harnessing the natural benefits of food.

Refrigerated Snacks Market by Category

By Nature, Refrigerated Snacks Market is Segmented as:

• Organic
• Conventional

By Type, Refrigerated Snacks Market is Segmented as:

• Savoury Snacks
• Fruit Snacks
• Confectionery Snacks
• Bakery Snacks
• Others

By End-use Application, Refrigerated Snacks Market is Segmented as:

• Food Service Industry
• Retail/Household
  • Hypermarkets/Supermarkets
  • Traditional Grocery Stores
  • Convenience Stores
  • Discount Stores
  • Specialty Stores
  • Online Retail Stores
  • Other Sales Channel

By Region, Refrigerated snacks Market is Segmented as:

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

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Key Questions Answered in the Report

• How big is the refrigerated snacks market?
• What is the anticipated market value of the refrigerated snacks market by 2032 end?
• What is the refrigerated snacks market outlook?
• Which region is expected to drive the demand for the refrigerated snacks market?
• Who are the key players operating in the market?

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

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The global frozen potato market size was valued at US$ 58.5 Bn in 2022 and it is expected to grow at a CAGR of 5.8% from 2022 to 2032. Frozen potato sales are likely to account for ~6.0% of the demand in the global frozen potato market, valued at US$ 58.5 Bn in 2022.

As global potato output is increasing, food manufacturers are getting more opportunities to introduce a wide range of potato-based food products, both fresh and frozen, resulting in a surge of new product launches in recent years.

Moreover, the excellent nutritional content of frozen potato products is also one of the fundamental reason for their rising consumption.

For example, according to the United States Department of Agriculture, 100 grams of potatoes provide around 4% of the RDA for calorie consumption, 6% of the RDA for carbohydrates, 9% of the RDA for dietary fiber, 4% of protein, and 33% of the RDA for vitamin C, among other nutritional intake requirements.

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Key Takeaways from Market Study

• The frozen potato market is expected to expand at 2.7% and 5.9% CAGR in North America and Latin America, respectively through 2032.
• The Europe frozen potato market is expected to witness CAGR of 3.5% over the forecast period.
• Among the product type segment, potato fries are expected to hold significant share of 42.6% in 2022 and it is expected to grow with significant CAGR of 2.9% over the forecast period.
• The commercial use segment is expected to account for 83.6% in 2022 and it is expected to grow at CAGR of 3.5% over the forecast period.
• Among the distribution channels, the B2B segment will hold 73.4% share in 2022 and it is expected to grow with CAGR of 3.4% over the forecast period.

“Sales of frozen potato products will rise considerably as consumers around the globe are shifting to plant-based fast foods in response to concerns about the environmental impact of meat consumption,” says a Future Market Insights analyst.

Competitive Landscape

Understanding the ongoing demand for frozen potato products several food product manufacturers are entering into the frozen potato market by introducing their own from potato range.

• On January 2021, Aviko who is one of the world’s biggest manufacturers of chips and added value potato products launched its frozen potato range.
• In 2017, Amul one of the leading milk co-operative launched its frozen potato products in India.

Frozen Potato Market by Category

By Product Type, Frozen Potato Market is segmented as:

• Potato Fries
• Potato Wedges
• Stuffed Potatoes
• Potato Slices
• Potato Chunks
• Potato Dices
• Baked Potato
• Other

By End User, Frozen Potato Market is segmented as:

• Commercial Use
• Residential Use

By Distribution Channel, Frozen Potato Market is segmented as:

• B2B
• B2C

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

By Region, Frozen potato Market is segmented as:

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

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Key Questions Answered in the Report

How big is Frozen Potato Market?

What is the North America Frozen Potato Market Outlook?

Which is the Top-Selling Frozen Potato Type?

At What Rate Will Frozen Potato Demand Grow in Europe?

Who are The Key Players in Frozen Potato Market?

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The global packaged bread market is set to witness growth at a CAGR of 4.6% and top a valuation of US$ 66.5 Bn by 2032.

Bread packaging has not been quite same as before as consumers are looking for more shelf stable products without harsh packaging. When visitors of Green Week in Berlin were asked regarding this, almost 2/3^rd of them responded to quit breads with low quality packaging.

However, German consumers prefer different kinds of bread in different packaging, such as frozen breads are preferred in cardboard boxes, while uncut loaves in shrink-wrapped, and sliced bread in plastic bags.

Since millennials, who prefer small portions of packaged bread, wrapped for immediate consumption, manufacturing units are incorporating new machineries to allow inexpensive products packaging without compromising the quality of packaged bread and launching packaging solutions where the product shelf life can be extended. Traditional or passive packaging only focused on protecting the bread from oxygen and molds by wrapping them with synthetic polymers and low gas permeability.

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However, a new concept has developed recently, named intelligent packaging or active packaging, in which the packaging is done with functional materials which can interact with bread deliberately for monitoring and extending its shelf life. Nano-packaging is also being researched on by the front runners by using edible and biodegradable films to accomplish environmental requirements which can increase packaged bread shelf life up to 60 days.

Another recent technological development in the market is implementing 3D for exact sorting using Vision-system, an innovative 3D scanner, which can easily handle the image recognition issue on conveyor belts while bread packaging is going on, which can be missed out quite often in an automatic sort resulting into low-contrast unidentified objects and small crumbs in packaged bread which is undesirable.

Key Takeaways from Market Study

• The packaged bread market is worth of US$ 42.4 Bn sales in 2022.
• The packaged bread market is expected to expand at CAGR of 6% through 2032.
• Global packaged bread demand is projected to grow year-on-year (Y-o-Y) growth of 8% in 2022.
• The packaged bread market is growing with a notable boost towards the production to reach US$ 66.5 Bn by 2032.
• Easy availability raw materials, healthy packaging, and improved quality and taste to be the influencing factors among consumers, which is driving sales of packaged bread across global markets.
• Demand for packaged bread grew at 7% CAGR between 2017 and 2021.
• Associated British Foods Plc, DuPont™ Danisco, Fuji Baking Co. Ltd, Angel Bakeries, and Allied Bakeries (Kingsmill) are expected to be the top players in the industry.
• Organically packaged and sandwich bread are in heavy demand from bakery industry carrying a notable market share.

“Extended shelf life of packaged bread by means of intelligent packaging solutions over passive packaging is helping to protect the bread quality with no spoilage by oxygen and molds, using biodegradable and edible polymer films with low gas permeability while including a provisional safety evaluation, which perfectly maintain the taste and flavour of the product for as long as 60 days, boosting demand and ramping up in sales worldwide,” says a Future Market Insights analyst.

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Competitive Landscape

Key brands associated with packaged bread are focusing on sustainable product developments, while also extending the product lines with several modifications and extensive research procedures to boost the industry growth and to capture more market share in global arena.

• On June, 2021, Délifrance announced partnership with trend consultants Harris & Hayes to arrange a UK-wide retail study in order to explore the wants and needs of British consumers from packaged bread and pastry industry, and encourage them to buy quality products for both at home and out of the home purposes.
• In the year 2020, the brand La Brea went for twin objectives which were aimed at keeping supermarket shelves stocked while also keeping consumers engaged to broaden up the brand share. For instance, the extended product line of the brand featured of French baguettes with improved hydration and flour dusting.

Several other products also improved in features, such as Italian round (increased hydration, flour dusting, darker bake), French loaf (darker bake, lighter interior, flour dusting), whole wheat grain loaf (grains and seeds toppings), and sourdough loaf (darker bake).

Packaged Bread Market by Category

By Nature:

• Organic
• Conventional

By Product Type:

• Sandwich Bread
• Rolls & Buns
• Tortillas, Pitas & Wraps
• Frozen Breads
• Crisp Breads
• Dough & Crusts
• Others

By Application:

• Bakery Products
• Confectionery Items
• Frozen Desserts
• Others

By 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 big is the packaged bread industry?
• At what CAGR is the packaged bread market poised to expand through 2032?
• How was the performance of packaged bread market over the past half-decade?
• What will be the packaged bread market size in 2032?
• Who are the key players operating in the packaged bread market?
• Which are the top countries driving the packaged bread demand?
• What are the three popular types of packaged bread?
• Is fresh packaged bakery bread better than store bought?

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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The global butter market is set to witness growth at a CAGR of 4.9% over the forecast period (2022-2032), topping a valuation of US$ 28.7 Bn by 2032.

Butter has a wider applicability in food industry and is used in making sauces or for frying and to the different packaged food items or snacks such as wafers and cookies. Consumers are experimenting different products with varied tastes and flavours. Hence, increasing demand for unique taste profiles by millennials is predicted to boost the market over the forecast period.

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Demand for unique taste profiles and textures by millennials is expected to create opportunities for manufacturers of butter. Besides, the demand for butter is growing in the foodservice industry due to the increasing consumption of fast food in developing economies owing to the fast-paced lifestyles and higher expenditure over out-of-home food consumption.

Butter is used as a staple food item in households encouraging the manufacturers to launch various butter-based food items such as low-fat butter, spreadable butter, flavoured butter, to woo consumers. This is expected to create a larger customer base. Backed by the above-mentioned factors, demand for butter is predicted to increase at a higher rate in the coming decade.

Key Takeaways from Market Study

• Europe is expected to dominate the global market, accounting for the maximum market value share of about 25% by 2022
• Rising consumption of snacks and fast food items is increasing the demand for butter across the globe during the assessment period (2022-2032)
• By product type, salted butter is expected to account for the maximum market value share of the global market by 2022
• In case of end use segment, food processing and dressing and spreads are expected to gain momentum and show an impressive growth over the forecast period (2022-2032)

• Indirect channel is expected to account for a higher market value share than direct channel by 2032 end

 “Trend of homemade breakfast and lunch is being revived as numerous customers are striving to save money by opting for home-cooked meals instead of picking up meals on-the-go, which is anticipated to drive the butter market growth.”, says a Future Market Insights analyst.

Competitive Landscape

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,

• Recently, a company named ‘Land O’ Lakes, Inc.’, a dairy products manufacturing company has introduced two new spreadable butter products namely, LAND O LAKES Light Spreadable Butter with Canola Oil and LAND O LAKES Less Sodium Butter with Canola Oil. This product has less cholesterol than regular butter and 50% less fat and calories.

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Global Butter Market by Category

By Product Type:

• Cultured Butter
• Uncultured Butter
• Salted Butter
• Whipped Butter
• Others

By Processing:

• Processed Butter
• Unprocessed Butter

By Usage:

• Spreadable
• Non-spreadable

By End Use:

• Food Processing
• Bakery
• Dairy and Frozen Desserts
• Dressings and Spreads
• Others

By Distribution Channel:

• Direct
• Indirect
  • Hypermarkets/Supermarkets
  • Convenience Store
  • Specialty Stores
  • Independent Retailers
  • Online Retailers

By Region:

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

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Key Questions Answered in the Report

• What is the market scenario of butter market?
• At what rate is the global butter market expected to grow?
• How are market players reacting to the new developments in the butter market?
• How much share does the top 10 companies in the butter market hold?
• Which are the major countries driving demand for butter?

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

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

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According to a recent survey by Future Market Insights (FMI), the global non-alcoholic beers market is expected to surpass a valuation of US$ 43.6 Bn by 2032, expanding at a 7.8% CAGR.

Increasing awareness regarding health concerns connected with alcohol consumption is spurring demand for non-alcoholic beverages. Driven by this, non-alcoholic beer is gaining immense popularity over traditional alcoholic drinks.

Wide availability of non-alcoholic beer at supermarkets is expected to augment the growth in the market. Discounted supermarket prices are garnering consumer attention and driving product demand through this sales channel in a number of locations.

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Apart from the health concerns, the millennial generation’s propensity to try different flavors in mixed brews and beverages is also fueling sales of non-alcoholic beers. Consumer interest in ethically and organically derived products is growing, which is anticipated to create opportunities for growth in the market.

Also, the emergence mindful drinking trend will provide impetus to sales in the market. Consumers who want to reduce alcohol consumption no longer have to compromise on taste because the overall quality of no-alcohol alternatives has improved over time.

“Increasing availability of non-alcoholic beers at online retail channels, along with growing interest in malt-grain based non-alcoholic beverages will drive sales in the market over the forecast period,” says the FMI analyst.

Key Takeaways:

• Based on product type, sales of alcohol-free beers are expected to remain high over the forecast period.
• In terms of sales channels, indirect channels such as supermarkets and online retail platforms will remain most lucrative.
• By material, demand for malted-grain non-alcoholic beer will gain traction at a considerable pace through 2032.
• Sales in the U.S. non-alcoholic beers market will account for 23.6% of the total market share in 2022.
• Demand for non-alcoholic beers in the China market will increase at a 7.4% CAGR over the forecast period.

Competition Landscape

Some of the leading companies offering non-alcoholic beer Big Drop Brewing Co., Anheuser-Busch InBev, Heineken N.V., Bernard Family Brewery Inc., Moscow Brewing Company, Carlsberg A/S, Suntory Beer, Erdinger Weibbrau, Arpanoosh CO, Krombacher Braueri, and others.

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Non-Alcoholic Beer Market by Category

By Product:

• Alcohol-Free
• Low Alcohol

By Category:

• Plain
• Flavored

By Material:

• Malted Grains
• Hops
• Yeasts
• Enzymes
• Others

By Sales Channel:

• Convenience Stores
• Liquor Stores
• Supermarkets
• Restaurants & Bars
• Online Stores

By Region:

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

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Key Questions Answered in the Report

• What is the current global non-alcoholic beers market size?
• At what rate is the non-alcoholic beer market growing?
• What is the North America non-alcoholic beer market outlook?
• At what rate will demand for non-alcoholic beer grow in Europe?
• What are the key trends driving the non-alcoholic beers market?

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

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

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