Liquor Confectionery Market Business Growth, Sales Revenue, Development Status, Segmentation and Opportunities by 2032

The global liquor confectionery market is projected to reach US$ 580 Mn in 2022, finds Future Market Insights (FMI) in a latest market analysis. With sales growing at a 5.4% CAGR, the market valuation will reach US$ 981.4 Mn by 2032.

New product launches with different flavoured chocolates, candies and gums are anticipated to positively influence the growth of the market. For instance, Abtey has introduced a new range of products that are prepared from refined alcohol and ganache centres.

The four new variants of coulis including ganache and Cointreau jelly, ganache and rum jelly, mousse and kirsch jelly, and ganache and strawberry jelly. Such developments are expected to create opportunities for growth in the market.

Further, increasing demand for premium liquor chocolates for gifting purposes and for serving as desserts at social gatherings is anticipated to drive the market in the forthcoming years.

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In addition to this, due to growing preference for online retail, manufacturers are launching their products at online retail channels to gain a competitive edge. This has also resulted in high availability of liquor confectionery in various developing countries, thereby augmenting the growth in the market.

“Growing preference for premium liquor-based chocolates across the globe, along with surging demand for liquor cocktail gummies will continue steering the growth in the market over the forecast period,” says an FMI analyst.

Global Liquor Confectionery Market by Category

By Product Type:

  • Candies
  • Gums
  • Chocolates

By Distribution Channel:

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

Key Takeaways:

  • Germany is projected to dominate the Europe liquor confectionery market. Total demand in Europe will account for 30% of the global market share in 2022.
  • The U.S. will hold nearly 80% of the North America liquor confectionery market over the forecast period.
  • By product type, chocolate liquor confectionery is expected to account for the maximum market value share of the global market in 2022.
  • In terms of distribution channels, sales in the indirect segment are forecast to remain high over the assessment period.

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Competitive Landscape

Leading players operating in the liquor confectionery market are investing in mergers, acquisitions, and collaborations to expand theior grographical footprint. They are also focusing on promotional strategies to advertise their products on social media channels to improve sales. Key Companies Profiled are:

  • Hershey’s
  • Ferrero SpA
  • Mondelez International
  • Toms Gruppen
  • Liqueur Fills
  • Abtey Chocolate Factory
  • Neuhaus
  • Mars
  • Brookside
  • Booz Drops

The report covers exhaustive analysis on:

  • What is the current liquor confectionery market value?
  • At what rate is the liquor confectionery market expected to grow?
  • What strategies are adopted by the market players in the liquor confectionery market?
  • What is the share of the top 10 companies in the liquor confectionery market?
  • Which are the major countries driving demand for liquor confectionery?

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

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frozen snacks market Development Strategy, Key Vendors, Future Prospects and Regional Forecast by 2032

The global frozen snacks market is expected to reach a valuation of US$ 131.7 Bn in 2022. Sales are projected to grow at a 6.5% CAGR, with the market size reaching US$ 247.2 Bn in 2032.

Growth can be attributed to the convenience offered by these products. As consumers are trying to keep up with their busy schedules, they are preferring packaged food products and frozen snacks as they take less time to prepare. This trend will continue pushing sales in the market over the forecast period.

According to the World Bank, two-third of the world’s population is predicted to live in urban areas in the next 10 years. As a result, rapid urbanization and hectic lifestyle among millennials and working professionals will drive the adoption of frozen snacks.

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Companies Profiled In frozen snacks market are Nestle, ConAgra Foods Inc., Ajinomoto Co. Inc., McCain Foods, The Kraft Heinz Co,. Cargill Incorporated, Tyson Foods Inc., NewForrest Fingerfood BV, Rich Products Corp., Nomad Foods Ltd.

Moreover, these frozen snacks take less time to prepare than cooked meals, which is one of the key reasons driving the preference for frozen snacks. In addition to this, increasing focus on nutrient-rich frozen snacks is compelling manufacturers to launch products with organic ingredients and clean-labels. This is anticipated to fuel sales in the market.

“Wide availability of vegan, gluten-free and keto frozen snacks, along with increasing sales through online channels across emerging economies will augment the growth in the market in the forthcoming years,” says an FMI analyst.

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Key Takeaways:

  • The global frozen snacks market is anticipated to reach a valuation of around US$ 131.7 Bn in 2022.
  • By product type, sales in the desserts segment will account for around 2/5th of the total market share over the forecast period.
  • In terms of category, demand in the ready-to-eat frozen snacks segment will remain high through 2032.
  • Offline sales channels will be the most preferred sales channel among consumers over the assessment period.
  • France will dominate the Europe frozen snacks market owing to increasing demand for vegan frozen snacks and ready-to-eat meals.
  • China will account for a lion’s share of the East Asia frozen snacks market due to increasing sales of packaged food products through online channels
  • The U.S. will emerge as a lucrative market on the back of growing preference for vegan and clean-label frozen snacks.

Competitive Landscape

Leading players in the frozen snacks market are aiming to improve sales by launching frozen snackes made from organic and natural ingredients. They are also investing in mergers, acquisitions and collaborations to expand their production and storage facilities for frozen snacks. For instance:

  • In April 2021, Abergavenny Fine Foods Ltd., a company specializing in frozen snacks and finger food was acquired by Frostkrone Food Group.

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Explore More Valuable Insights

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

The study offers compelling insights based on product type (desserts, confectionary, vegetable & fruit snacks, bakery products, meat-based snacks, meat substitute snacks, seafood snacks and other products), category (ready to eat, ready to cook and others), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.

Frequently Asked Questions

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

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About Future Market Insights (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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gluten free soup market 2022 Explosive Factors of Revenue by Industry Statistics, Size by 2032

The global gluten-free soup market is set to witness growth at a CAGR of 7.3% and is anticipated to reach a valuation of around US$ 4.6 Bn by 2032. As per a survey conducted by the Food Marketing Institute, over 80% of the population need access to thorough and ‘easy-to-understand’ ingredient lists on their labels.

As a result, numerous food firms have pioneered the practice of providing extensive insights into its formulation, particularly when selling ‘Free-from’ products like gluten-free soups. As per the study, key companies are implementing strategies such as the Hazard Analysis and Critical Control Point System (HACCP).

These strategies are expected to ensure that no gluten contamination occurs during the production, packaging, or storage processes of food items thus boosting the gluten free soups market.

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Key Takeaways from Market Study
•The global gluten-free soup market is anticipated to reach a valuation of around US$ 2.3 Bn by the end of 2022
•Based on form, solid form is anticipated to account for over 50% of the market share over the forecast period.
•North America gluten-free soup market is expected to witness growth at 6.9% CAGR during the forecast period.
•In terms of sales channel, offline sales channel is projected to account for maximum share in the coming years
•East Asia is anticipated to emerge as a prominent region for gluten-free soup market in the forecast period

“Production of packaged dried soup by manufacturers is anticipated to increase the shelf life of gluten-free soup. This will boost the demand for gluten free soup in the market,” says a Future Market Insights analyst.
Competitive Landscape

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The gluten-free soup market is fairly fragmented due to the presence of multinational companies like The Campbell Soup Company, ConAgra Brands Inc, The Kraft Heinz Company, Barilla Holdings among others.

Moreover, they are updating their current portfolio as per the shifting demand of consumers for gluten-free food items along with inorganic strategies like partnerships and collaborations:

Porter & Nash, a vegan soup and gravy company, has launched sauces, soups and gravies which are gluten-free, containing kombu seaweed that are suitable for vegans

Campbell Soup Co. acquired Pacific Foods to diversify its soup portfolio specially in the gluten free food sector in order to cater the rising interest of consumers regarding their wellbeing and health

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Explore More Valuable Insights

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

The study offers compelling insights based on form (liquid form and solid form), category (vegetarian and non-vegetarian), packaging (canned, pouched and other packaging), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.

Frequently Asked Questions

  • What was the gluten-free soup market worth in the year 2021?
  • At what expected CAGR is the gluten-free soup market growing over the forecast period?
  • How much is the gluten-free soup market expected to be valued at by 2032 end?
  • In which region is the gluten-free soup market expected to grow over the forecast period?
  • Who are the top players in the gluten-free soup Market?

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About Future Market Insights (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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Christiana Corporate, 200 Continental Drive,

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Almond Butter Market Estimated to Experience a Hike in Growth by 2032

The global almond butter market is expected to reach a market valuation of US$ 643.0 Mn by the year 2021, accelerating with a CAGR of 6.7% by 2022-2032. Almond butter sales are likely to account for ~21% of the demand in the global plant-based butter market, valued at US$ 2.9 Bn in 2021.

According to Future Market Insights, business to consumer (B2C) model has become more important in the food and beverage sector due to social media influence and growing preference for online purchasing. Hence, several almond butter manufacturers are turning towards B2C practices to serve customers globally.

B2C model supports an expanded customer reach in the global market at minimum costs. Penetration of online retail platforms such as Walmart, Amazon, Tesco, Costco, and others are propelling the sales of almond butter.

Consumers are extensively preferring online platforms with zero-contact purchasing. Hence, B2C has emerged as a major strategy for players in the almond butter market.

“Availability of numerous brands of almond butter under one roof in supermarkets and hypermarkets are providing customers more options, aiding the growth in global almond butter market. Over the assessment period, the customer-centric strategy and improved shopping experience will continue to draw consumer attention and drive market statistics.” said a lead analyst at FMI.

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Inflow of Massive Investment from Venture Capitalists

Vegan food products are booming in the global market, prompting a slew of capital investors to invest money into vegan food manufacturing firms. Vegan food producers are eyeing for financial back up in order to expand their operations and cater to international clientele. In the U.S, investments totaled US$ 747 million in 2019, up 11% from the previous year.

Other countries, such as the U.K., Germany, Australia, Japan, and India, are witnessing an upsurge in vegan food production investment. For instance, in 2019, Miyoko’s Creamery, a startup based in the United States, received $6 million in B series funding. Katjesgreenfood, a Katjes Group affiliate, has invested in Fora, a European vegan butter business.

Growing Flexitarian Population to Boost Demand for Almond Butter

Economists have dubbed 2019 as the vegan year, owing to the market’s rapid rise and rising vegan product consumption. Veganism, however, is only one pillar of the burgeoning business.

The market’s expansion is also due to the quick increase in the number of flexitarian consumers. Traditional dairy-based butter eaters are increasingly identifying as flexitarians, with the goal of reducing, their consumption of animal-based goods.

Hence, some of the leading companies offering almond butter are Olam International Ltd., Treehouse Almonds, Petrow Food Group, Barry Callebaut AG, Big Tree Organic Farms, Harris Woolf Almonds, Rapunzel Naturkost, All Organic Treasures GMBH, Tapia Foods, Napa Nuts, Caro Nut Company, United Food India, Royal Nut Company, and Other.

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Get Valuable Insights into Almond butter market 

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

Almond Butter Market By Category

By Nature:

  • Organic Almond Butter
  • Conventional Almond Butter

By Form:

  • Spreads
  • Liquid
  • Blocks

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

Frequently Asked Questions

  • How Big is the Almond Butter Market?
  • How Much Does Almond Butter Contribute to Plant-based Butter Market?
  • What is the North America Almond Butter Market Outlook?
  • At What Rate will Almond Butter Demand Grow in Europe?
  • At What Rate Will Almond Butter Demand Grow in Japan?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Flour Mixes Market Trend Shows a Rapid Growth Competitive Analysis Future Prospects and Forecast 2032

The global flour mixes market size is projected to exceed US$ 25.8 Bn in 2022 and is projected to register 7.3% CAGR between 2022 and 2032. Increasing preference for healthy food products is fueling the demand for healthy bakery products such as flour mixes.

The demand for ready-to-eat and processed foods among consumers is rapidly increasing, resulting in the widespread use of batter mixes in a variety of convenience foods. In addition, demand for low-carb and gluten-free products is pushing the batter mixes production, which is a major factor driving the growth in the market.

Furthermore, increased investments in research and development efforts for developing batter technologies are expected to boost the demand for batter mix between 2022 and 2032.

Growth is also attributed to the increased demand for seafood around the world. Flour mixes is used to coat the fish with batter mixes to mask the smell of seafood, therefore, pushing the sales of batter mixes in the food industry.

It is also used in vegetarian cuisine, especially those made with common veggies, to provide the food with more crispness, flavor, and taste. As a result, the market for batter mixes is expected to increase at a rapid pace in the future years.

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Key Takeaways from the Flour Mixes Market Study:

  • Rising demand for premium quality prepared flour mixes with high nutritional content in the Asia Pacific is expected to drive the market.
  • In 2022, North America is projected to dominate the market, accounting for around 2% of worldwide revenue.
  • In 2022, Europe and the Middle East, and Africa flour mixes market, collectively, will account for approximately 8% of the total market share.
  • In terms of product type, the batter mixture segment is projected to dominate the market over the forecast period.
  • Based on application, the bakery shop segment is expected to account for significant share in the market.

“Key market players are investing in research and development (R&D) in order to introduce new products and gain a competitive edge. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.  

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Who is winning?

Key players operating in the global flour mixes market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering flour mixes are Nippon Flour Mills, Rikevita Food, Prima Flour, IREKS, AngelYeast, AB Mauri, Showa Sangyo, Griffith, Kerry, CSM, and others.

Get Valuable Insights into Flour Mixes Market 

FMI, in its new offering, provides an unbiased analysis of flour mixes presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

Flour Mixes Market By Category

By Product:

  • Bread Mixes
    • Oat Bread
    • White Bread
    • Dark Bread
    • Multigrain Bread
  • Batter Mixes
  • Pastry Mixes

By Application:

  • Food Processing Industry
  • Household
  • Bakery Shop
  • Others

By Region:

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

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Frequently Asked Questions

  • How big is the flour mixes market?
  • What is the North America flour mixes market outlook?
  • What is the Europe Flour Mixes Market Outlook?
  • What are the key trends shaping the flour mixes market?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Functional Mushroom Market Report Covers Future Trends with Research 2022-2032

The global functional mushroom market is projected to be valued at US$ 9.3 Bn in 2022. Expanding at a CAGR of 9.1% during the forecast period, the market size will reach US$ 22.3 Bn by 2032. Newly released data from Future Market Insights shows that global functional mushroom demand is projected to grow year-on-year (Y-o-Y) by 8.8% in 2022. Functional mushrooms are rare species having healing properties as they contain nutritional values and antioxidants, with a plethora of health claims and superfood benefits. These functional and adaptogenic mushrooms can boost immunity while promoting the overall health in a natural way.

Around 15 species of functional mushrooms are known for having medicinal and healing properties. Reishi, named as lingzhi in China, has been used in Chinese medicine for longevity for over 2,000 years, while Chaga is considered as the richest antioxidant mushroom that provides anti-inflammatory benefits while strengthening immune system. Further, Cordyceps, a parasitic and rare mushroom, is used for vitality, energy, and endurance worldwide.

Adaptogenic mushrooms are gradually emerging as an effective superfood. They increase energy levels, restore youthful glow of skin, keep hormone levels in check, and reduce brain fog.

Healing mushrooms, like Cordyceps, Tremella, Reishi, Oyster, Shiitake, and Enoki are being used in the health and wellness products as powdered supplements, which is expected to create opportunities for growth in the market.

In addition to this, increasing applications of functional mushrooms in non-alcoholic beverages and holistic pet care products will continue driving sales in the market over the assessment period.

“Rising awareness regarding the benefits of organic functional mushrooms, along with increasing interest and expenditure on nutrition and health supplements across the globe will dirve sales in the market in the forthcoming years,” says an FMI analyst.

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Key Takeaways from Market Study

  • Based on nature, the organic functional mushroom segment will account for a dominant share in the market.
  • In terms of applications, demand in the pet care industry is anticipated to remain high.
  • By form, sales of powdered functional mushroom will continue gaining momentum through 2032.
  • The U.S. will dominate the North America functional mushroom market owing to high demand from the food and beverage sector.
  • China will account for a lion’s share in the East Asia functional mushroom market on the back of surging applications on sports nutrition.
  • The U.K. will emerge as a lucrative pocket in the Europe functional mushroom market amid rising preference for organic food supplements.

Competitive Landscape

Key functional mushroom brands are looking for new strategic partnerships to diversify applications in food and beverage industry. Players are also focusing on developing nutritional and high-quality food solutions while being innovative with formulations to attract more customers. For instance:

  • In 2020, Meghan Markle, the Duchess of Sussex, announced to invest in Clevr Blends, an LA-based brand which sells powdered coffee spiked with adaptogens, functional mushrooms, and probiotics.
  • In November 2021, Odyssey Wellness LLC launched its RTD (ready-to-drink) line of functional and organic mushroom elixirs with the brew line including 4 delicious and unique flavor combinations, such as French Roast Oat Latte with Cordyceps, Lions Mane and Cocoa, Cold Brew Oat Latte with Cordyceps and Lions Mane, Berry White Tea with Chaga, Reishi, Turkey Tail, Maitake, Elderberry, and Shitake, and Chai Rooibos with Turkey Tail, Reishi, and Ashwagandha.

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Explore More Valuable Insights

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

Functional Mushroom Market By Category

By Nature:

  • Organic
  • Conventional

By Product Species:

  • Reishi
  • Shiitake
  • Lion’s Mane
  • Chaga
  • Maitake
  • Cordyceps
  • Tremella
  • Turkey Tail
  • Enokitake
  • Oyster Mushrooms
  • Others

By Form:

  • Liquid Sprays and Drinks
  • Powders
  • Capsules or Supplements
  • Others

By Application:

  • Food & Beverages
  • Nutraceuticals & Dietary Supplements
  • Pharmaceutical
  • Sports Nutrition and Functional Items
  • Cosmetics & Personal Care
  • Pet Care Industry
  • Others

By Region:

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

Frequently Asked Questions

  • How much is the global functional mushroom market worth?
  • At what CAGR is the market expected to expand through 2032?
  • At what rate did functional mushroom sales grow between 2017-2021?
  • What is the projected valuation of the functional mushroom market in 2032?
  • Who are the key players operating in the functional mushroom market?
  • Which are the top countries driving the functional mushroom market demand?
  • What are the key factors affecting the functional mushroom market growth?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Vegan Butter Market Scope Future Growth Comprehensive Analysis Report 2032

The vegan butter market is expected to top US$ 2.7 Bn in 2022 and is projected to grow at a CAGR of 5.7% between 2022 and 2032, surpassing US$ 4.8 Bn by 2032. The global vegan butter demand is projected to grow year-on-year (Y-o-Y) growth of 5.5% in 2022. Plant-based diet is gaining popularity for its huge benefits including the environment, health, and animal welfare.

Numerous plant-based products from milk alternatives to plant-based cheese are now available in the market including vegan butter. Vegan butter, sometimes referred to as plant-based butter, is a non-dairy substitute of butter which is generally made by combining water with a plant-derived oil.

The butter can be cultured via fermentation in food labs but only with plant-based sources. The cultures produced during fermentation are from lactobacillus genus only, but developed on vegetables or vegan substrates as opposed to dairy substrates.

The aforementioned cultures can leverage fermentation process to tailor the flavor of different unique cultures for the specific product which all are plant-based dairy alternatives, such as cream cheese, butter, dips, and brie.

The products can contain different additional ingredients as well, such as emulsifiers, salt, natural or artificial flavors, and colorings, to resemble the texture and taste of real butter, but always free of animal-sourced products.

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Key Takeaways from Market Study

  • The vegan butter market is anticipated to be worth US$ 2.7 Bn in 2022, expanding at CAGR of 7% through 2032.
  • Global vegan butter demand is projected to grow year-on-year (Y-o-Y) growth of 5% in 2022.
  • Demand for vegan butter grew at 0% CAGR between 2017 and 2021.
  • In terms of product, the oat milk segment is anticipated to witness robust growth over the forecast period.
  • Based on flavour, flavored vegan butter sales are projected to witness an uptick during the forecast period.

“Unlike most butters, vegan butters are low in total fat and calories, which can vary depending on each product ingredients, which is also in high demand. Hence, vegan butters are gaining immense popularity for their healthy content, compelling manufacturers to include the product as a food ingredient,” says a Future Market Insights analyst.

Competitive Landscape

Key vegan butter brands are adopting new strategic partnerships to expand their product capacities in food and beverage industry. Some of the core business brands are focusing on developing nutritional and high quality food solutions while being innovative with formulations to attract more customers towards the product.

  • On February 2020, Amarlane Foods, an Isreali company, announced to launch dairy alternative butter termed as ‘Butter’s Vegan Twin’. The company is dedicated to plant-based foods development with a minimal number of ingredients and all natural to attract more consumers. The product is ranged under the name of Betterine, which is made from just four ingredients including pure coconut oil, organic soy lecithin, water, and arrowroot powder.

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Explore More Valuable Insights

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

Vegan Butter Market by Category

By Source:

  • Rice Milk
  • Oat Milk
  • Soy Milk
  • Corn Milk
  • Almond Milk
  • Pea Milk
  • Cashew Milk
  • Coconut Milk
  • Hemp Milk
  • Flax Milk
  • Others

By Flavor:

  • Unflavored
  • Flavored
    • Cocoa/ Chocolate
    • Cinnamon
    • Banana
    • Coconut
    • Grape
    • Hazelnut
    • Lemon
    • Peanut Butter
    • Raspberry
    • Strawberry
    • Vanilla
    • Other Flavors

By Sales Channel:

  • B2B
    • Hotels
    • Restaurants
    • Cafes
  • B2C
    • Hypermarkets /Supermarkets
    • Convenience Stores
    • Mom and Pop Stores
    • Discount Stores
    • Food & Drink Specialty Stores
    • Independent Small Groceries
    • Online Retail
    • Others Retail Formats

By Application:

  • Bakery Industry
  • Confectionery Items
  • Dairy Industry
  • Dietary Supplements
  • Household Pantry
  • Hotel, Restaurant, Retail Chains
  • 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 vegan butter industry?
  • At what CAGR is the market expected to expand through 2032?
  • How was the performance of vegan butter over the past half-decade?
  • What will be the market for vegan butter worth in 2032?
  • Who are the key players operating in the market?
  • Which are the top countries driving the vegan butter market demand?
  • What are the key factors affecting the vegan butter market growth?

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About Future Market Insights (FMI)

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

Contact: 

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T: +1-845-579-5705

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Collagen Drinks Market to Witness Massive Growth, Emerging Technology Research Report by 2022-2032

The global collagen drinks market is expected to reach a market valuation of US$ 255.4 Mn by the year 2022, accelerating at a CAGR of 9.8% by 2022-2032. Collagen drinks sales are likely to account for ~1% of the overall dietary supplements market, which is anticipated to be valued at US$ 68.3 Bn by 2022 end.

Customers nowadays expect on-the-go, safe, and nourishing beverages. People are concerned about the nutritional value and quality of their beverages, and instead of asking, “What is in this beverage?” they ask, “What does this beverage do for me?”

Collagen Drinks Market Size (2022E) US$255.4 Mn
Collagen Drinks Market Projected Size (2032F) US$649.5 Mn
Value CAGR (2022-2032) 9.8 %
Top 3 Countries Market Share 31.2 %

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Consumers are increasingly aware about health benefits of the foods they consume, resulting in an increase in the overall market for collagen drinks. Manufacturers are therefore ensuring that the health benefits of their products are well-publicized in order to increase accessibility and drive growth.

The growing demand for convenient packaging is one of the primary factors driving the collagen drinks market. Fast-paced lifestyles and time scarcity across the globe have resulted in many people preferring on-the-go food items. This leads to the increased sales of handy small packaging of collagen drinks which can be carried easily in the hands. This is supported by innovative packaging which enables the longer storage of collagen drinks.

Key Takeaways from Market Study

  • The market is segmented based on end-user, wherein the female end users are anticipated to account for around 62.3% of the market share over the forecast period.
  • The North America collagen drinks market is anticipated to hold dominant share of around 28.8% in 2022, but South Asia is expected to witness a higher growth rate over the forecast period.
  • On the basis of application, cosmetics, and personal care industries are expected to hold a dominant share in 2022, but the nutraceutical industry is expected to witness a lucrative growth rate over the forecast period.

“Collagen drink manufacturers are aiming to sell more exclusive flavors to draw an increasing number of consumers. Focus towards fitness among consumers is expected to result in high sales of collagen drinks. Thus, producing fresh and tasty collagen drink items will help companies expand their business,” says a Future Market Insights analyst.

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How Do Collagen Drinks Market Historic And Future Outlook Compare?

A growing number of consumers value beverages’ ability to provide convenience, nutrition, and pleasure all in one portable package. As a result, there is a growing demand for collagen drinks that provide advanced health benefits, which has historically grown at a rate of around 8.4%.

Collagen supplements provide an excellent nutritional profile, proven health benefits, and overall cost-effectiveness. Collagen drinks are high in hydroxyproline, amino acids glycine, arginine, and proline which are associated with energy supply, cell regeneration, and metabolism. Customers looking for sports nutrition supplements are particularly interested in arginine and glycine.

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Competitive Landscape

Big players in the market are gaining from customer trust in them. Collagen drinks launched by big brands are more preferred by customers as they find them more trustworthy compared to new brands that have just arrived on the market. Additionally, big companies have stronger networks of distribution, and the potential to invest is high. Hence, increasing customer demand for famous brands would help expand new products businesses launch.

Collagen Drinks Market By Category

By End-user, Collagen Drinks Market is Segmented as:

  • Male
  • Female

By Application, Collagen drinks Market is Segmented as:

  • Food Industry
  • Cosmetics & Personal Care Industry
  • Nutraceutical Industry
  • Pharmaceutical Industry
  • Others

By Sales Channel, Collagen Drinks Market is Segmented as:

  • Modern Trade
  • Specialty Stores
  • Drug Stores
  • Online Retail Stores
  • Others

By Region, Collagen drinks Market is Segmented as:

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

Frequently Asked Questions

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

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Vegan Caviar Market Expected to Reach Tremendous Growth by 2032

The global vegan caviar market size is estimated to top US$ 295.6 Mn in 2022 and is projected to reach US$ 632.3 Mn by 2032 at a CAGR of 7.9% from 2022 to 2032. Sales of vegan caviar are poised to surge as availability via online channels grows.

With absolutely no animal ingredients, caviar made from seaweed is a plant-based food. Keeping in mind the vegans and vegetarian consumers, vegan caviar is developed as a green sustainable product, which is a great addition to a dish which can make it tastier and healthier. Not only it bring a color on the plate but also enhances taste and flavor of a dish.

Vegan caviar is a healthy substitute for fish caviar or fish roes. It is rich in plant protein, contains several nutrients, it is low on fat and salt content and it cholesterol-free.

Increasing consumption of seaweed-based or vegan caviar is helping in preserving the health of consumers and the planet. Seaweed caviar provides a unique experience to a consumer through its great taste and texture. For those who care for the environment and who love experiments and to get a great dining experience, tend to choose vegan caviar over traditional one.

Due to the above-listed factors, the demand for vegan caviar is predicted to surge over the forecast period (2022-2032).

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Key Takeaways from Market Study

  • Europe is expected to dominate the global market by accounting for the maximum market value share of about 32% by 2022 end, followed by APAC
  • The U.S. is to account for the maximum market share of nearly 80% of the North America Vegan Caviar market
  • By form, dried vegan caviar is expected to account for the maximum market value share of the global market by 2022 end
  • Health-conscious consumers coupled with higher income groups have an increased spending capacity which is likely to increase the demand for vegan caviar in the near future
  • Online channel is expected to show an impressive growth as compared to all the other channels over the assessment period (2022-2032)

 “The demand for vegan caviar is increasing globally because of the growing consumption by the health conscious population which is prophesied to fuel the growth in the near future. This will also encourage market players to try newer plant-based ingredients to launch novel products,” says a Future Market Insights analyst.

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Competitive Landscape

Various market players are adopting different marketing and promotional strategies such as partnerships, collaboration, merger and acquisitions, new product launches and geographical expansion. This is to cater the needs of the consumers and serve accordingly, thus, creating a larger customer base in the next few years.

Explore More Valuable Insights

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

By Form, Global Vegan Caviar Market is segmented as:

  • Preserved
  • Frozen
  • Dried
  • Fresh
  • Cooked
  • Others

By End Use, Global Vegan Caviar Market is segmented as:

  • Restaurant
  • Household
  • Others

By Distribution Channel, Global Vegan Caviar Market is segmented as:

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

By Region, Global Vegan Caviar Market is segmented as:

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

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Frequently Asked Questions

  • What is the vegan caviar market size?
  • At what rate will the vegan caviar market grow?
  • What strategies are adopted by the companies in the vegan caviar market?
  • What percent of share does the top 10 companies in the vegan caviar market hold?
  • Which are the major countries driving demand for vegan caviar?

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 Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Tonic Wine Market Report Covers Future Trends with Research 2022-2032

The global tonic wine market is expected to reach market valuation of US$ 1.9 Bn by the year 2021, accelerating at a CAGR of 6.1% by 2022-2032. Tonic wine sales forecast remains positive and is expected to total US$ 3.4 Bn globally by 2032.

The pandemic had a huge impact on the tonic wine market due to the forced closure of on-trade vineyards in various nations such as the United States, the United Kingdom, India, and others to control the COVID-19’s impact. On the other side, the current situation may present an opportunity for the wine industry to recapture lost consumer attention.

However, it is unclear if the current off-trade boom will persist as pantry supplies run out, the on-trade gradually reopens, and consumer behaviour returns to pre-COVID-19 levels.

Rising demand for tonic wine due to its health benefits and premiumization of wine products, as well as flavour innovation and more advanced distribution networks, are projected to drive the global tonic wine market.

“The tonic wine market is predicted to register steady as e-commerce platforms make deeper inroads. Tonic wine is difficult to come by. As a result, online sales channels may be able to give consumers with ideal product finder solutions. Key advantages of online sales channels that may improve tonic wine sales are easy home delivery and easy payment alternatives,” said a lead analyst at FMI.

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Surge in Tonic Wine Consumption Slated in Asia-Pacific and Latin America

Asia-Pacific is leading in terms of the demand for wine, with China dominating the market in the region. Notably, the consumption of red wine is more of a tradition in China, as the color red is considered lucky in the country. Owing to this factor, China is one of the leading markets for red wine consumption, giving tough competition to France and Italy.

Australia is second in the consumption of wine in Asia-Pacific, followed by Japan. Also, India is the fastest-growing country in terms of wine consumption and registered a growth rate of approximately 7.1%. The Philippines, South Korea, and Vietnam are the other potential wine-consuming markets in Asia-Pacific. Hong Kong has no import tax for wine, which is a driving factor for the market.

Who is winning?

Some of the leading companies offering cheese are Buckfast Abbey, Leonard J Russell Snr, Campari Group, Scotland’s, Sainsbury’s, Portman Group, Reggae Treats, Dee Bee Wholesale, AhmadiAnswers, Herb Affair, Bristol, Jingjiu, Zhangyu, Wuliangye, and Othes.

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By Type, Tonic Wine Market is Segmented as:

  • Magnum Tonic Wine
  • Buckfast Tonic Wine
  • Sanatogen Tonic Wine
  • Mandingo Tonic Wine

By Application, Tonic Wine Market is Segmented as:

  • Household
  • Foodservices
  • Institution
    • Hospitals
    • Clinics
    • Others

By Sales Channel, Tonic Wine Market is Segmented as:

  • B2B
  • B2C
    • Modern Trade
    • Traditional Liquor Stores
    • Drugstores and Pharmacies
    • Specialty Stores
    • Online Retail
    • Other Retail Formats

By Region, Tonic Wine Market is Segmented as:

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

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Frequently Asked Questions

  • How Big is the Tonic Wine Market?
  • What is the North America Tonic Wine Market Outlook?
  • At What Rate will Tonic Wine Demand Grow in Europe?
  • At What Rate Will Tonic Wine Demand Grow in Japan?
  • What is the South Asia Tonic Wine Market Outlook?

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 Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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