Algal Protein Market 2022: Prosperous Growth, Recent Trends and Demand by 2032

The worldwide algal protein market is assessed to set out a steady freedom of US$ 700 Mn toward the finish of 2022. The deals of algal protein is supposed to surpass US$ 1010 Mn by 2032, extending development at a vigorous CAGR of almost 8% to 9% during the gauge time frame 2022-2032. Change in purchaser inclination from embracing creature based proteins to plant-based options is assessed to expand the interest for algal protein.

Algal protein is the protein derived from several algae grown in both marines as well as fresh waters. Marine algal protein is majorly derived from seaweeds and is widely used as a substitute for animal protein such as whey protein. The algal protein derived from marine waters consists of about 60% protein by weight which is high when compared to animal protein.

Freshwater algal protein is majorly derived from spirulina, which is a cyanobacterium (Blue-green algae) and is a highly rich source of protein that contains all essential amino acids and minerals. Increasing awareness regarding health benefits of algal protein and consumer preference for various algal protein-based foods are the major factors for driving the market.

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Algal Protein Market Segmentation:

Algal protein market is segmented on the basis of product form, type, application, and distribution channels.

On the basis of product form, algal protein market is segmented into powder and liquid forms. Amongst all the segments, powder segment accounts for major revenue share and is expected to register significant growth during the forecast period

.On the basis of product source, algal protein market segments include marine and fresh water algae. Among both segments, fresh water algae segment holds the major share and is expected to register a significant growth during the forecast period. Due to increasing demand for fresh water algae, growers are improving existing methods of aquaculture by providing sterilized water, nutrients, oxygen, and carbon dioxide at the appropriate rates to the algal plants.

On the basis of product type, algal protein market segments include spirulina, chlorella and other algae. Among all the segments, spirulina segment holds the major share and is expected to register a significant growth during the forecast period.

On the basis of application, algal protein market is segmented into food and beverages, nutritional and dietary supplements, animal feed, and cosmetics & personal care products. Among all these segments, nutritional and dietary supplements segment accounts for major share due to a historically high usage. Furthermore, use of algal protein as a natural food colorant is a major driver for the global market.

On the basis of distribution channel, it is segmented into direct and indirect sales. The indirect sales segment is further sub-segmented into wholesaler, trader and retailer. Among the various retail segments, increasing online sales are a major factor driving the market as online medium substantially reduces the distribution and marketing costs of small-scale producers.

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Algal Protein Market Regional Outlook:

The algal protein market in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA is covered in the report.

North America accounts for major revenue share of global algal protein market, followed by Europe and is expected to register a moderate growth over the forecast period. The market in Asia Pacific is expected to accounts an increase in demand for natural food additives and dietary supplements.The U.S. market is one of the major suppliers of algal protein. Consumption of algal protein in this region is rapidly growing due to increasing consumer preference for plant based dietary supplements.

Algal Protein Market Dynamics:

Increasing awareness among consumers regarding algae proteins such as spirulina for its health benefits is a major factor driving the global algal protein market. Algal protein as a natural substitute for animal proteins such as whey protein and gelatin is attracting the target group which is allergic to whey protein and vegetarian.

Algal Protein Market Key Players:

Some of the key players participating the global algal protein marketinclude TerraVia Holdings, Inc., Nutress BV, Nutrex Hawaii Inc., Cyanotech Corporation, Far East Bio-Tec Co., Ltd., Earthrise Nutritionals LLC, and Rainbow Light Nutritional Systems, Inc.

The report covers exhaustive analysis on:

  • Algal Protein Market Segments
  • Algal Protein Market Dynamics
  • Historical Actual Market Size, 2015-2016
  • Algal Protein Market Size & Forecast 2017 to 2027
  • Algal Protein Market Supply & Demand Value Chain
  • Algal Protein Market Trends/Issues/Challenges
  • Players Competition & Companies involved in algal protein market
  • Technology
  • Value Chain
  • Drivers and restraints

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Frequently Asked Questions

What is the sales forecast for algal protein in the global market until 2032?

Which region is forecast to be the most lucrative for algal protein market growth?

Which are some leading algal protein manufacturers?

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Kvass Market Opportunities, Growth and Forecasting for next Upcoming Year Until 2032

The kvass market is projected to enroll a CAGR of 9.8% during the figure time frame, up from US$ 2.6 Bn in 2021 to arrive at a valuation of US$ 7.3 Bn by 2032.

Kvass is an accidentally invented fermented low alcoholic (0.5% to 1%), considered as non-alcoholic drink, with most preferred nutritive diets that contain a proper concentration of fat, carbohydrate, fiber, sugar, proteins along with calories. During summer, kids and young people are mostly found around the ice-cream shop in the U.S. but Russians and Ukrainians are experiencing kvass as beverages, appetizers as well as a cold choice at the mass level.

Kvass can be understood as a good lunch alternative as well as a healthy appetizer. There is a hearsay that bad kvass is better than good water. Fast-paced life and non-specific nutritional value have been considered as a serious health issue. Kvass has great existence from ancient time with good health benefits.

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Increase in Consumer Awareness is Driving the Demand for Kvass

Fast life, an unhealthy and unbalanced diet has prophesied to serve kvass as one of the balanced and healthy beverages. Due to frantic habit and lifestyle, metabolism is supposed to be disturbed that causes a change in body mass index. In the current scenario, according to the World Health Organization (WHO), 31% of the world adult population are considered under the obese category.

Change in BMI can be the risk cause of several diseases such as cardiovascular disorders, diabetes, nasopharyngeal disorders, musculoskeletal disorders and many more. Awareness about the negative effect of obesity has made consumers more health conscious and convergent towards using a balanced health product that can help in maintaining the body mass index.

Dieting can be another alternative for the obesity that one can think of but the nutrition required for the body cannot be fulfilled and sometimes dieting can also be problematic so, to escape such kind of problem kvass can be understood as one of the good alternatives. Nowadays, there has been a great rise in health and fitness awareness all around the world that has influenced the increase in the sales of kvass.

The busy schedule, change in lifestyle, change in food and adaptation habit because of immigration, increase in the health fitness center and increase in government health awareness programs, these are the reason that has been estimated to leave a great impact on health-oriented beverages market. The rise in income and proper knowledge has increased the consumption of healthy products.

Sometimes people also use kvass as an energy drink. Availability and consumption of kvass have also increased because of urbanization and the presence of a various retail and wholesale market. Thus, these above mentioned factors are expected to drive the kvass beverages market.

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Kvass Market: Key Participants Few key market players in the Kvass market are:

  • Deka Spb OOO
  • Joint Stock Company ‘Krinitsa’
  • Baltika Brewery
  • UAB Vilniaus Prekyba
  • Olimp Imperial OOO
  • AB Gubernija
  • MPBK Ochakovo

Kvass Market Segmentation

The Kvass market can be segmented on the basis of nature, flavor, and sales channel:

The Kvass market can be segmented on the basis of nature as:

  • Organic
  • Conventional

The kvass market can be segmented on the basis of the flavor as:

  • Apple
  • Beets
  • Bird cherry
  • Lemon
  • Cherry
  • Cranberry
  • Mint
  • Strawberry

The Kvass market can be segmented on the basis of the sales channel as:

  • B2B
  • B2C
  • Store Based Retailing
    • Modern Grocery Retailers
  • Convenience Stores
  • Discounters
  • Forecourt Retailers
  • Hypermarkets
  • Supermarkets
    • Traditional Grocery Retailers
    • Food Specialist
    • Independent Small Grocers
    • Other Grocery Retailers
  • Online Retailing

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Frequently Asked Questions

What is the Growth Outlook for the Kvass Market?

Who are the Key Players in the Kvass Market?

What is the Future of the Kvass Market?

Which are the Key Factors in the Kvass Market?

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

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Frozen Tortilla Market 2022 | Latest Trends, Demand, Growth, Opportunities and Outlook Till 2032

According to Future Market Insights (FMI), the global frozen tortilla market is slated to grow at a CAGR of 5.07%, surpassing a valuation of US$ 12.9 Bn by 2032. Tortillas are a staple food and are consumed as a staple food across the globe.

It can be paired with different beans, vegetables, cheese dips to prepare a quick healthy snacks. This, in turn, is expected to push the demand for frozen tortillas over the forecast period (2022-2032).

Tortillas are generally frozen to increase their shelf life and preference to keep tortillas securely packed in boxes to avoid freezer burn. It is beneficial to stack tortillas in an airtight container or resalable plastic bag, wrap them tightly in aluminum foil.

Consumer willingness to try multiple cuisines for enhanced food flavor and texture is expected to create conducive environment for the frozen tortilla market across the globe. Hence, manufactures are developing gluten free, keto friendly variants of tortillas in order to fulfill the rising demand to maintain good health.

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Key Takeaways from Market Study

  • North America frozen tortilla market is expected to increase at a CAGR of 4.6% and reach a valuation of US$ 2.9 Bn by the end of 2032.
  • Asia Pacific is expected to account for 17% of frozen tortilla demand share during the assessment period.
  • Europe frozen tortillas market is expected to reach US$ at 2.8 Bn, with sales expected to surge at a robust pace in the upcoming decade
  • By source, wheat tortillas are expected to hold the highest market share and is expected to increase at a CAGR of 5.5% between 2022 and 2032.

 “Key manufacturers are focusing on developing frozen tortilla formulation technology to generate revenue. They are also producing multi-functional frozen tortilla varieties to expand their product portfolio and gain competitive edge.” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of frozen tortillas are emphasizing on research & development to offer differentiated products. Key players are working collectively to develop new product portfolios to enter untouched market places.

  • Harbar LLC, Canton, Mass, a brand under Maria and Ricardo’s, launched a trio of grain-free veggie tortillas preceding year in 3 different assortments like  cauliflower, zucchini and sweet potato

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Explore More Valuable Insights

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

Frozen Tortilla Market By Category

By Source:

  • Wheat
  • Corn
  • Other

By Sales Channel:

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

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Frequently Asked Questions

  • How much is the global frozen tortilla market worth?
  • What is the demand outlook forecast for the frozen tortilla market globally?
  • What was the last 5-year CAGR for the demand in the frozen tortilla market?
  • At what rate will the frozen tortilla demand grow in Europe?
  • How will demand for frozen tortilla fare in North America?

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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 Bakery Market Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2032

According to Future market Insights, the global Frozen Bakery market size is estimated to be valued at USD 23billion in 2021 and is projected to reach USD 49 billion by 2032, recording a CAGR of 7.4% during the forecast period. Key factors that have contributed to the growth of frozen bakery products are a spiralling preference toward convenient food and the popularity of specialty frozen bakery goods. Intra-industry competitiveness is high and affects the market positively.

Processed food has become one of the preferred choices of convenient foods complementing today’s hectic lifestyle. As a result, there is an inevitable rise in the demand for baked food. This has in turn led to the growing acceptance of frozen bakery since it is easily available and can be prepared for meal in much lesser time. In addition to this, the low cost of frozen bakery makes it ideal for consumption among millennial.

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It includes in-depth insights into the frozen bakery market. Some of these are:

  • The estimated value of the market was at US$ 19.1 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, Europe emerged as a key market for frozen bakery.
  • North America and Asia will remain key markets for frozen bakery besides Europe
  • While retail continues to remain the most preferred channel of distribution, market players are soon expected to diversify, which would drive their focus to catering and industrial channels for distribution.
  • Key players are likely to focus on product innovations to stay relevant in developed markets.

In Europe, Germany has emerged as one of the most lucrative markets for frozen bakery. Surge in tourism and catering business has been giving impetus to growth witnessed in Europe. These trends are unlikely to change in the coming years, which will turn favour growth of the overall frozen bakery market in Europe,” revealed a lead analyst at FMI

Changing Lifestyle and Adoption of Healthier Routine Will Remain Key Growth Drivers

Growth witnessed in the global frozen bakery market to a large extent is attributable to changing lifestyle of consumers. As life gets hectic and busier, consumers are finding it more and more difficult to invest time in cooking or home prepped meals. This creates an ideal environment for the sales of frozen bakery. Aided by the surging number of retail outlets, the frozen bakery market will continue exhibiting an impressive growth trajectory through the course of the report’s forecast period.

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FROZEN BAKERY PRODUCTS MARKET TAXONOMY

The global Frozen Bakery Products market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers

Type

  • Bread
  • Cakes & Pastries
  • Pizza
  • Others

Distribution channel

  • Supermarkets
  • Hypermarkets
  • Convenience Store
  • Online

Region

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

Who is Winning?

Some of the leading players operating in the frozen bakery market are Dawn Food products Inc, General Mills, Lantmannen, Cole’s Quality Food Inc, Europastry, Bridgford Foods Corporation, Conagra Brands, Cargill, Grupo Bimbo , Aryzta AG.

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

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

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Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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About FMI

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

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Frozen Fruit Bars Market 2022 Global Development Countries Trends, Size, Industry Reviews by 2032

Frozen Fruit Bars Market was valued US$ 14 Million in 2022 and is expected to reach US$ 22 Million in 2032, likely to surge at a CAGR of 7% to 8% during the forecast period 2022-2032.

FMI, in its upcoming business report, elaborates the historical and current scenario of the global Frozen Fruit Bars market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global packaging industry. FMI deploys digital intelligence solutions to offer compelling insights to report buyers that help them in overcoming market challenges, especially at the time of a crisis. Our dedicated team of professionals performs an extensive survey for gathering accurate information associated with the market.

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COVID-19 Impact Analysis on Frozen Fruit Bars Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Frozen Fruit Bars market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Frozen Fruit Bars market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Frozen Fruit Bars market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Frozen Fruit Bars Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Frozen Fruit Bars market. Competitive information detailed in the Frozen Fruit Bars market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Frozen Fruit Bars market report.

 Key players covered in the report include:

Some of the leading players in the frozen fruit bars market are Natural Fruit Corporation, Ice Pop Factory, Modern Pop, Nestlé S.A. (Outshine Brand), Eclectic Food Services Inc., J&J Snack Foods Corp., Unilever plc (Fruttare Brand), Andrades Desserts, Solero, and others.

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  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Key Segments Profiled in the Frozen Fruit Bars Market Survey

By Type:

  • Original
  • Low Fat

By Nature:

  • Organic
  • Conventional

By Flavor:

  • Citrus
  • Pineapple
  • Grape
  • Apple
  • Mango
  • Berry
  • Coconut
  • Mixed Fruit
  • Others

By Distribution Channel:

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

By Region:

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

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Frequently Asked Questions

What is the sales forecast for frozen fruit bars in the global market until 2032?

Which region is forecast to be the most lucrative for frozen fruit bars market growth?

Which are some leading frozen fruit bars manufacturers?

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About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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Hemp Milk Market Insights Report 2022 with COVID-19 Pandemic Analysis and Future Growth Analysis by 2032

According to a recent report by Future Market Insights, sales of hemp milk are estimated to reach a value of US$ 236.4 Mn by 2032, surging at 7.3% CAGR through the decade.

Rising awareness regarding the functional benefits of plant-based food and beverage products is expected to drive sales of hemp milk over the forecast period. Manufacturers are launching a wide variety of hemp milk such as unsweetened, flavoured and non-flavoured options.

Further, consumers are getting more aware of the health benefits of hemp milk. It contains omega-3 fatty acids, protein, vitamins, and is low in fat, making it a desirable substitute to conventional dairy milk.

Hemp milk is also a great source of minerals and vitamins like calcium, iron, and others, which has increased its popularity among fitness enthusiasts. Growing consumption of ready-made foods and beverages, along with high preference for organic and clean-label products will augment the growth in the market.

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“Increasing incorporation of hemp milk in the foodservice sector is expected to fuel demand in the market in the forthcoming years. Besides this, growing popularity of veganism across emerging economies will boost sales over the forecast period,” says and FMI analyst.

Key Takeaways from Market Study

  • Sales of hemp milk in the U.S. are projected to increase at a 5.7% CAGR, accounting for a dominant share of the North America hemp milk market.
  • Demand in the Italy hemp milk market are forecast to grow at a 11.7% CAGR over the forecast period.
  • In terms of sales channel, total sales in the offline segment are projected to hold more than 3/4th of the market share in 2022.

Competition Landscape

Some of the leading players in the hemp milk market include Drink Daily Greens LLC, PACIFIC FOODS OF OREGON, LLC., Wild Harvest, Good Hemp Food, Cell-Nique Corporation, The Fix Juice Pty Ltd, Organic Hemp Milk Australia, Manitoba Harvest Hemp Foods, Goodmylk Co., Ecomil, milkadamia, and Victory Hemp Foods.

Key players operating global hemp milk market are investing in partnerships and collaborations with other manufacturers in order to expand their product manufacturing facilities. For instance:

  • SunOpta announced in February that it had purchased Dream and WestHemp from the Hain Celestial Group, two of the largest and most established brands in the shelf-stable plant-based dairy products sector. SunOpta increased its beverage plant capacity in Allentown, Pennsylvania.

Get More Valuable Insights

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

Hemp Milk Market by Category

By Form:

  • Liquid
  • Powder

By Flavor Type:

  • Original/Unflavoured
  • Flavoured
    • Chocolate
    • Vanilla
    • Other Flavours

By End-Use:

  • Dairy Products
    • Cheese
    • Yoghurt
    • Butter
    • Spreads
    • Ice Cream
    • Frozen Dessert
  • Bakery and Confectionery
  • Milk & Milk Based Beverages
  • Retail Sales

By Sales Channel:

  • Direct Sales
  • Indirect Sales
    • Modern Trade
    • Convenience Store
    • Departmental Store
    • Traditional Store
    • Specialty Store
    • Online Retailers
    • Other Sales Channel

By Region:

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

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Frequently Asked Questions

  • At what rate will the hemp milk market grow?
  • What are the key factors driving the hemp milk market?
  • Which is the most attractive region in the global hemp milk market?
  • Who are the key players in the hemp milk market?

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About FMI

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

Contact:

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Energy Gel Products Market Size 2022 COVID-19 Impact on Revenue of Best Industry Players by 2027

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

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

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

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

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

Global Energy Gel Products Market: Forecast

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

Global Energy Gel Products Market: Key Segmental Highlights          

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

  • By distribution channel, the specialty stores segment is expected to dominate the global market in terms of high market share. It is expected to grow at a robust growth rate to reflect a value of about US$ 368 Mn by 2027.
  • The supermarket/hypermarket segment by distribution channel is expected to grow at the highest growth rate during the forecast period to reflect a high CAGR of 8.7%. This segment stands second to the specialty store segment from market value standpoint and reflects high potential in the coming years
  • By flavour type, the fruit segment is anticipated to lead the market with a good CAGR. The chocolate segment is poised to reflect highest CAGR of 8.7% during the period of assessment.
  • North America region is expected to be the fastest growing regions followed by Western Europe, Latin America and Asia Pacific excluding Japan (APEJ). North America is poised to reflect a high CAGR of 8.5% by value during the period of assessment.

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Global Energy Gel Products Market: Competitive Landscape

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

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Gluten Free Pasta Market with a Comprehend Key Patterns and Development in Impact of Covid-19 with CAGR of 4.5%

The global gluten free pasta market is expected to witness growth at a CAGR of 4.5% and top valuation of US$ 1.5 Bn by 2032. Consumers are well aware of the products and the nutritional benefits that they offer.

Hence, manufacturers are incorporating nutritionally high products or sources to increase the nutritional factor of the food products. For this purpose, manufacturers have started using sources that could increase the nutritional content of the pasta.

Sources such as pulses, buckwheat, quinoa, rice, etc. have been proven to increase the nutritional content. Pulses such as chickpeas, lentils, fava beans, and many others are being used as the main source for the replacement of durum wheat and semolina. Hence, growing demand for nutritionally rich pasta is also expected to accelerate the growth in the gluten free pasta market.

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Key Takeaways from Market Study

  • The gluten free pasta market is expected to expand at a CAGR’s of 5.4% and 6.5% in Latin America and Middle East & Africa, respectively through 2032.
  • East Asia and South Asia market will account for demand share of 3.1% and 3.8% respectively in 2022, and are expected to grow at a CAGR’s of 8.9% and 8.0%, respectively over the forecasted period.
  • Among category segment, fresh is dominating the market holding around 54.4% share in 2022 and is expected to grow with CAGR of 6.2% over the forecast period.
  • Among product type, brown rice pasta is dominating the market holding around 54.6%, exhibiting growth at CAGR of 3.1% over the forecast period.
  • Among the distribution channel, B2C distribution channel is dominating holding 69.0% share in 2022 and will showcase growth at CAGR of 4.5% over the forecast period.

Penetration of social media and e-commerce platforms have increased the demand for packaged food products. To capitalize on this existing trend, key players are collaborating with e-commerce giants and online retail stores”, says a Future Market Insights analyst.

Competitive Landscape

Key players are focusing on enhancing the quality, variety and innovation of their products. Moreover, to gain competitive edge, these key players are opting for several merger and acquisition activities

  • Barilla acquired Catelli, a Canadian firm, in February 2021. This acquisition includes the company’s dry pasta plant in Montreal.

Explore More Valuable Insights

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

The study offers compelling insights based on category (dried, fresh), product type (multigrain pasta, chickpea pasta, quinoa pasta, brown rice pasta), distribution channel (B2B, B2C (Hypermarkets/Supermarkets, Discount Stores, Food and Drink Specialty Stores, Convenience Stores, Independent Small Groceries, Online Retail)) across seven major regions of the world.

Market Segments Covered in Gluten Free Pasta industry Analysis

By Category :

  • Fresh
  • Dried

By Product Type :

  • Chickpea Pasta
  • Multigrain Pasta
  • Broun Rice pasta
  • Quinoa Pasta

By Distribution Channel :

  • B2B
  • B2C
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Discount Stores
  • Food and Drink Specialty Stores
  • Independent Small Groceries
  • E-Commerce (Online Retail)

Region :

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

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Frequently Asked Questions

  • What is the value of gluten free pasta market in 2022?
  • What is the future growth rate for gluten free pasta market in the forecast period?
  • Which country is dominating the global gluten free pasta market?
  • Who are the prominent players in the global gluten free pasta market?
  • Which are the major countries contributing in the expansion of gluten free pasta market?

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Plant-Based Protein Market Set for Huge Expansion during 2022-2032

The global plant-based protein market enjoyed a year-on-year (YOY) growth of 6.7% in 2021 to total sales of USD 11.3 Bn and is projected to surpass USD 22.5 Bn in 2032 at a CAGR of 7.2%, according to a market analysis performed by Future Market Insights.

Increasing productivity in the food and beverage sector will provide an array of opportunities to the plant-based protein market. Based on product type, the global plant-based protein market is segmented into soy, wheat, pea, potato, rice, canola, corn, and others, among them the soy protein segment is estimated to represent the largest share in the global plant-based protein market.

According to the report, increasing incidence of health issues such as diabetes, blood pressure, and obesity is encouraging consumers to opt for healthy lifestyle. Therefore, they are more demand for dietary supplements and functional foods that contain plant-based proteins.

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Demand for Preventative Healthcare, Especially Due to Recent Outbreak of Deadly Viruses to boost growth

Majority of the population is health conscious and aware of the benefits of preventive healthcare. Various magazines and online forums such as Livestrong.com, bodybuilding.com, Men’s Health magazines, and Shape magazine, offer diet and lifestyle information, and provide regular updates in this regard. Similarly, manufacturers of natural ingredient-based protein are promoting various products using various channels such online portals, magazines, and marketing campaigns to improve demand for plant-protein enriched products.

These strategies of players primarily focus on new products development and enhanced safety, effectiveness and primarily health benefits such as the ability to lower cholesterol, lower body weight, and lower blood pressure levels. This is expected to aid in market growth in the region.

Also consumers have become increasingly conscious about the food they eat. Rumors linking coronavirus with consumption of meat and meat protein are likely to influence their perception regarding food they eat. As a result of this, the demand for plant-based protein is likely to surge in the coming years.

Who is winning?

Some of the major players in the plant-based protein that are covered in this report are Glanbia Plc, Archer-Daniels Midland Co., Roquette Freres, Cargill Incorporation, Burcon Nutrascience Corporat, E.I. du Pont de Nemours & Co,  Cosucra Groupe Warcoing, Ingredion Inc, and CHS Inc, AGT Food & Ingredients, Inc.

These market players have a strong networked and secure clientele with main focus on increasing its product offering and portfolio with complete solutions to its customers including production, formulation of blend, packaging and transportation as well.

In addition to this, market players are more into mergers and acquisition to improve their product offering. Companies intend to expand their regional footprint through strategic collaborations.

  • In February 2017, Glambia Plc acquired two companies — Body & Fit and Grass Advantage LLC protein ingredient manufacturers in the U.S. and Netherlands respectively. Both the company have a strong tactical fit with Glanbia’s Performance Nutrition (GPN) division and will prolong its reach to wider channels and new consumers.
  •  In August 2017, Archer Daniels Midland Company expanded its line of plant-based functional extracts by including an antioxidant blend, green tea, and acerola for application in a wide variety of food, drinks, and supplement applications
  • In March 2017, Cargill started production of pea protein ingredients through partnership with World Food Processing, which is a multi-generation, family-owned business based in Oskaloosa, U.S., that has developed non-bioengineered/non-GMO pea seed varieties to minimize off-flavors

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PLANT-BASED PROTEIN MARKET SEGMENTATION

The global Plant-based protein Market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type:

  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Others

Form:

  • Isolates
  • Concentrates
  • Hydrolysates

Nature:

  • Organic
  • Conventional

Application:

  • Nutritional Products
    • Sports Nutrition
    • Medical Nutrition
    • Infant Nutrition
  • Bakery
  • Snacks & Cereals
  • Dairy
  • Confectionary and Dessert
  • Convenience Food
  • Beverages
  • Animal Feed
  • Others

Region:

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

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Frequently Asked Questions

  • How much is the plant-based protein market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Plant-based protein sales?
  • How are market players reacting to the new developments in the market?
  • Which is the largest segment by type?
  • Which are the major countries driving demand for plant-based protein?
  • Who are the major players in the Plant-based Protein Market?
  • At what level does the report reflect pricing analysis?

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

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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Powdered Beverages Market to depict appreciable growth prospects over 2022-2032

Powdered Beverages Market is anticipated to increase at a high CAGR of ~3.5% 2022-2032, reaching a value of US$ 10 Bn by 2022.

This Powdered Beverages market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Powdered Beverages market.

Powdered beverage products, containing chocolate, fruit, coffee, and other flavored substances and manufactured with the help of heat treatment, are witnessing significant demand in recent years. Growing popularity of ready-to-mix and ready-to-eat foods, on the account of rising on-the-go breakfast products or convenience culture, has been contributing to the demand for powdered soft drinks and powdered beverages.

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Powdered beverage is considered a suitable alternative to ready-to-drink products. Increasing scope of application in various types of end products, such as soft drinks, sports & nutritional drinks, fruit juices, and coffee, is reflecting robust growth in demand for powdered beverages. Single-serve powdered beverages remains highly preferred among consumers over their multi-serve counterparts, as the former offers greater convenience.

Market Gains Remain Uphold by Extended Shelf-life of Powdered Beverages

The powdered beverages market is predominantly fueled by increasing awareness about the product and its associated health benefits. Surging demand for powdered beverages can be attributed to their convenience factor and relatively low cost, which are the ideal solution for consumers with hectic schedule and busy lifestyle. Moreover, powdered beverages do not have a specific temperature requirement to maintain quality or shelf life, thereby making them suitable choice for the camping, travelling, and similar occasions.

Single serve format of powdered beverages enables the consumption in the limited amount, which can be a competitive driver for the market over the liquid beverage market. Key players operating in the powdered beverages are introducing new and novel products with the high protein content, targeting health and wellness enthusiast. As the trend of health wellness has brought numerous products in the marketplace, such as fusion beverages, plant-based beverages, and organic drinks, manufacturers are targeted towards fortifying powdered beverages with nutritious ingredients.

Moreover, a growing number of consumers are seeking for organic and natural products, consisting of plant-based ingredients. Powdered beverage manufacturers are tapping into the current need of the market, coming with the innovative solutions. For instance, incorporation of pea protein in powdered beverages is gaining traction, as it is marketed to offer various health benefits.

As aversion of consumers towards synthetic or chemical ingredients has been evident, manufacturers are using natural food preservatives to extend shelf life of powdered beverage. Such factors are expected to create a positive outlook of the powdered beverages market.

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Powdered Beverages Market: Regional Analysis

North America and European continue to maintain leading position in the powdered beverages market. Strong presence of key market players and greater awareness and availability of the product in these regions are responsible for the high consumption of powdered beverages. Moreover, established distribution network in these regions contributes to maximum market share. However, high growth opportunities are expected in Asia, Latin America, and MEA, due to increase in consumer purchasing power and growing product awareness among the consumers.

Powdered Beverages Market: Key Participants

Some of the important participants in the powdered beverages market are:

•Nestlé S.A.
•Chr. Hansen A/S
•TreeHouse Foods, Inc.
•Kraft Foods
•Simatek A/S
•Cargill Inc.
•Nellson LLC
•CP Kelco

The research report presents a comprehensive assessment of the powdered beverages market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as type, nature, application, and sales channel.

Powdered Beverages Market Segmentation

The powdered beverages market can be segmented on the basis of type, nature, application, and sales channel.

On the basis of type, the powdered beverages market can be segmented as:
Single Serve
Multi Serve

On the basis of nature, the powdered beverages market can be segmented as:
Organic
Conventional

On the basis of application, the powdered beverages market can be segmented as:
Sport Drinks
Soft Drinks
Fruit Juices
Coffee
Others (Dairy, etc.)

On the basis of sales channel, the powdered beverages market can be segmented as:
Hypermarket/ Supermarket
Convenience Stores
Online Retailers
Specialty Stores
Mass Grocery Stores
Other Retail Formats

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Report Highlights:

•A detailed overview of parent market
•Changing market dynamics in the industry
•In-depth market segmentation
•Historical, current, and projected market size regarding volume and value
•Recent industry trends and developments for Powdered Beverages Market
•Competitive landscape for Powdered Beverages Market
•Strategies for key players and products offered
•Potential and niche segments, geographical regions exhibiting promising growth
•A neutral perspective on market performance
•Must-have information for market players to sustain and enhance their market footprint

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

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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