Bakery Fat Market to Surge, Projected to Reach USD 2471.1 Million by 2034

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According to Future Market Insights (FMI), the global bakery fat market is projected to expand substantially from US$ 1420.2 million in 2024 to US$ 2471.1 million by 2034. The market is expected to surge at a CAGR of 5.7% during the forecast period. Bakery fats are essential in producing a wide range of bakery products, such as bread, cakes, pastries, and cookies.

Consumers are becoming more aware of the impact of dietary choices on their health. They prefer food products with improved nutritional values. There is a rising demand for safer and healthier bakery items among health-conscious consumers across the globe, which is driving market growth.

To stay competitive in the market, manufacturers are also adopting several growth strategies and approaches, such as direct-to-consumer and online retail sales models, to reach consumers with diverse product offerings. This aligns with changing consumer shopping habits and preferences for online convenience.

In the near future, consumers are likely to hunt for products that offer nutritional benefits, including those with functional ingredients, organic components, and gluten-free options. The growing ease of online shopping is projected to boost sales as key players leverage digital platforms to the broader consumer base.

Key Takeaways from the Bakery Fat Market Report:

  • The bakery fat market is projected to grow at a CAGR of 5.7% during the forecast period.
  • The United States bakery fat market is expected to grow at a CAGR of 5.7% during the forecasted period.
  • Based on product type, the shortening segment is expected to dominate the market with 32% market share in 2024.
  • Based on end-use, the industrial segment is expected to hold a leading market share of 65% in 2024.
  • China is projected to surge at a CAGR of 7.7% by 2034.

“The bakery fat market is experiencing globalization, driven by rising consumption in developing regions. The rise of e-commerce platforms and digital marketing channels is also set to push demand. Manufacturers are leveraging these platforms to reach a wider audience and effectively promote their products.”- says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

AAK (UK) Limited, Cargill, ConAgra, CSM Bakery Solutions, Fuji Oil Co. Ltd., Goodman Fielder, Unilever, and Wilmar International are the key players. Leading companies are expanding their product portfolios and employing strategies like advertising, partnerships, acquisitions, agreements, and mergers to maintain market relevance and drive growth in the bakery fat market.

For instance,

  • In 2023, the Finsbury Food Group acquired Johnstone’s Just Desserts. This tactical move allowed Finsbury to enrich its position in the bakery industry and secure a larger share of the market
  • In 2023, Investindustrial acquired CSM Ingredients from CSM Bakery Solutions. The transaction aimed to strengthen Investindustrial’s position in the baking ingredients market.

Key Coverage in the Bakery Fat Industry Report

  • Bakery Fat Market Scope
  • India Bakery Ingredients Market Size & Share Analysis
  • Drivers for Bakery Fat Market Growth
  • Study on Bakery Fat Substitutes
  • Pricing Analysis of the Bakery Fat Market
  • Detailed Information on Shortening Fats Market Size, Top Bakery Fat Retailers in Market, and Specialty Fats & Oils Market Scope
  • Opportunities for Bakery Fat Market in India
  • Growth Potential of the United States Bakery Fat Industry

Comprehensive Industry Report: A Full Market Analysis

Bakery Fat Market Segmentation by Category

By Type:

  • Shortening
  • Margarine
  • Bakery Oils
  • Others

By End-use:

  • Industrial
  • Residential

By Distribution Channel:

  • B2B
  • B2C
    • Hypermarket
    • Supermarket
    • Retail Stores
  • Online Retailing

By Region:

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

About Future Market Insights (FMI)

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

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Demand for Stress Relief Supplements to Grow at 5.5% CAGR Through 2034 Amid Rising Cognitive Health Concerns

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According to Future Market Insights (FMI), the global stress relief supplement market is expected to grow from US$ 605 million in 2024 to US$ 1,034 million by 2034. The market is projected to surge at 5.5% CAGR from 2024 to 2034. 

The stress relief supplement market is growing substantially due to rising demand for convenient, high-quality natural supplements. The global stress relief supplement market is gaining momentum due to increased awareness and the rising prevalence of diseases like obesity, diabetes, malnutrition, and nutritional inadequacies.

Demand for natural stress relief supplements is surging, driven by a growing preference for holistic approaches and the introduction of new herbal supplements with improved characteristics, indicating potential market growth. Manufacturers are approaching various strategies to cater to consumers’ numerous needs and preferences.

Leading companies are focusing on clean-label products due to increasing customer demand for natural and organic ingredients. Several stress relief supplements available in the market are free from synthetic additives, preservatives, and unnecessary chemicals, ensuring convenience and healthfulness without compromising benefits.

Key Takeaways from the Stress Relief Supplement Market Report:

  • The stress relief supplement market is expected to reach a valuation of US$ 1,034 million by 2034.
  • The global market is projected to surge at a CAGR of 5.5% by 2034.
  • China is expected to expand at a CAGR of 6.5% through 2034.
  • The United States is projected to reach a valuation of US$ 108 million in 2034.
  • Japan is set to surge at a CAGR of 4.6% through 2034.

“To differentiate their products in a competitive market, manufacturers focus on product innovation and customization. Offering a wide range of supplement options, along with organic or specialty varieties, caters to the growing demand for unique and personalized healing experiences.”- says Nandini Roy Choudhury ( client Partner for Food and Beverages at Future Market Insights, Inc.)

Competitive Landscape

The stress relief supplement market has a diverse and dynamic competitive landscape. Leading companies specializing in diverse fields focus on research and development, sustainable sourcing, and new formulations.

Key companies emphasize environmentally friendly practices, product certifications, and satisfying the increased demand for natural and sustainable ingredients. Companies are trying to innovate new ingredients and formulations to stay competitive.

Key Companies Profiled

  • Himalaya Drug Company
  • Cureveda
  • Natureplus
  • Panchamrit
  • Nutraceutical International Company
  • Pharmalinea Ltd.
  • Virtue Vitamins LIC
  • Foresta Organics

For instance,

  • In 2024, BioAdaptives, Inc. introduced NaturaComplete™, an all-in-one dietary supplement formula with over 70 vitamins, minerals, amino acids, trace minerals, and other nutrients for mental and general health.
  • In 2023, PLT Health Solutions introduced a new product called NOW, designed to provide cognitive support in an increasingly stressed-out world.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global stress relief supplement market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the stress relief supplement market based on source (ashwagandha, chamomile, lavender, rhodiola, melatonin, l-theanine), form (capsule & tablets, oil, powder, gummies), distribution channel (hypermarkets/supermarkets, online retailers, convenience stores, pharmacies & drug stores, specialty stores and glossary stores), and category (organic and conventional) across regions.

Detailed Market Breakdown: Comprehensive Full Report

Stress Relief Supplement Market Segmentation by Category

By Source:

  • Ashwagandha
  • Chamomile
  • Lavender
  • Melatonin
  • Rhodiola
  • L-Theanine

By Form:

  • Capsule & Tablets
  • Oil
  • Powder
  • Gummies

By Category:

  • Organic
  • Conventional

By Distribution Channel:

  • Hypermarket/Supermarket
  • Convenience Stores
  • Drug Stores/Pharmacies
  • Specialty Stores
  • Online Channels
  • Other Distribution Channels

By Region:

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

About Future Market Insights (FMI)

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

Contact FMI:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Isomalto-Oligosaccharide (IMO) Market to Grow Rapidly USD 156.9 Million by 2033, with a 7.6% CAGR

Isomalto-Oligosaccharide Market
Isomalto-Oligosaccharide Market

The global Isomalto-oligosaccharide Market is estimated to be worth US$ 75.0 million in 2023. Over the forecast period, demand for isomalto-oligosaccharides is projected to rise at 7.6% CAGR. By 2033, total market valuation is predicted to reach US$ 156.9 million.

Several factors are expected to drive growth of the isomalto-oligosaccharide market during the assessment period. These include rising demand for natural ingredients with low glycemic index and rising awareness about the potential health benefits of isomalto-oligosaccharides.

The increasing prevalence of lifestyle-related diseases, such as obesity and diabetes, has led consumers to seek healthier alternatives to traditional sugars and sweeteners. IMOs’ low-calorie content, prebiotic properties, and minimal impact on blood sugar levels have positioned them as an appealing sugar substitute and functional food ingredient.

As health-conscious consumers continue to seek products that support gut health and promote overall well-being, demand for isomalto-oligosaccharides is set to rise rapidly. This will boost the target market through 2033.

Consumers are increasingly drawn toward products with natural and recognizable ingredients. Isomalto-oligosaccharides, derived from starch, align perfectly with this trend.

Manufacturers are actively incorporating IMOs into several food formulations, such as bakery products, dairy, beverages, and confectionery. This enables them to meet the growing demand for clean-label offerings.

There is an increasing popularity of isomalto-oligosaccharide as a sugar substitute in the global market. As consumers become more health-conscious and seek to reduce their sugar intake, IMOs’ mild sweetness and functional properties have made them an attractive choice for formulating “low sugar” or “sugar-free” products.

Key Takeaways from the Isomalto Oligosaccharide Market Report:

  • The global isomalto-oligosaccharide market is expected to reach US$ 156.9 million by 2033.
  • Global demand for isomalto-oligosaccharide is likely to soar at 7.6% CAGR over the forecast period.
  • Based on form, the liquid segment is estimated to total US$ 99.9 million by 2033.
  • By end-use application, dietary supplements are expected to hold a market share of 33.2% during the projection period.
  • The United States is projected to hold a dominant value share of 17.0% in the global market by 2033.
  • China’s isomalto-oligosaccharide market is projected to reach a valuation of US$ 13.8 million by 2033.

“The demand for useful dietary fiber sources from health-conscious customers has kept the market for isomalto-oligosaccharides strong. Despite concerns about overconsumption, isomalto oligosaccharides are a preferred ingredient in several foods owing to their adaptability. Its consistent expansion and ongoing market presence results from this ongoing need, demonstrating its importance in addressing the requirements of people who care about their health.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Who is Winning?

Dancheng Caixin Sugar Industry Co., Ltd, Guangzhou Shuangqiao Co., Ltd., and Luzhou Bio-Chem Technology Ltd. are prominent isomalt oligosaccharide manufacturers listed in the report. These key players are focusing on integrating advanced manufacturing technologies to reduce overall costs and improve product quality.

Collaborations between food manufacturers and IMO suppliers are becoming prevalent, driving the development of novel products that cater to evolving consumer preferences. Key companies are also exploring new application areas for IMOs to gain maximum profits.

Browse full Report: https//www.futuremarketinsights.com/reports/isomalto-oligosaccharide-market

Key Companies Profiled:

  • Dancheng Caixin Sugar Industry Co., Ltd.
  • Guangzhou Shuangqiao Co., Ltd.
  • Luzhou Bio-Chem Technology Ltd.
  • Mie-karyo Co., Ltd.
  • New Francisco Biotechnology Corporation (NFBC)
  • Nihon Shokuhin Kako Co., Ltd.
  • Shandong Tianmei Biotech Co., Ltd.
  • Baolingbao Biology Co., Ltd.
  • BioNeutra North America Inc.
  • COFCO Rongshi Biotechnology Co., Ltd.
  • Shandong Bailong Chuangyuan Bio-Tech CO. LTD.
  • Baolingbao Biology Co.
  • Fingres

Isomalto-oligosaccharide Market Outlook by Category:

By Form:

  • Liquid
  • Powder

By Source:

  • Corn
  • Wheat
  • Potato
  • Tapioca
  • Others (Oats, Rice)

By End-use Application:

  • Food and Beverages
    • Functional Food
    • Dairy Products
    • Infant Formula
  • Dietary Supplements
    • Weight Loss
    • Sports Nutrition
    • General Well-Being
  • Animal Feed Additives
    • Poultry
    • Swine
    • Cattle

By Region:

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

About Future Market Insights (FMI)

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

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Global Inulin Market Growth Expected to USD 2.35 Billion by 2033, at a 3.4% CAGR

Inulin Market
Inulin Market

The global inulin market value is projected to increase from US$ 1,678.9 million in 2023 to US$ 2,345 million by 2033. Over the forecast period, inulin demand is expected to rise at a CAGR of 3.4%.

Growing inclination toward functional and low-calorie foods is the prominent factor expected to drive the commercial market for inulin. Similarly, rising demand for plant-based probiotic products will foster market growth.

Another key factor expected to fuel sales of inulin is the growing use of dietary supplements and nutraceuticals by the aging population in several countries. Thanks to its multiple health benefits, inulin is widely used in food & beverage products and dietary supplements.

Consumers’ growing health consciousness is causing a spike in the nutraceutical market, which can increase the need for inulin. Dietary fibres like inulin can help lower cholesterol, diabetes, and obesity. As a result, they are widely used in nutraceutical products.

The increasing use of prebiotic ingredients like inulin in the dairy sector is projected to boost the inulin market through 2033. Subsequently, growing demand for food and beverage items high in fibre and prebiotics is anticipated to create growth prospects for inulin producers.

The need for healthful food is increasing rapidly due to aging population and high prevalence of digestive diseases, including discomfort, cramps, constipation, and bloating. This will positively impact inulin sales through 2033.

As a natural sugar substitute, inulin has grown in popularity since it allows manufacturers to identify their goods with higher fibre content. To preserve their market dominance, key players in the worldwide inulin market are concentrating on introducing cutting-edge goods and growing their manufacturing facilities.

Key Takeaways from the Inulin Market Study Report:

  • The global inulin market is expected to total US$ 2,345 million in 2033.
  • Based on source, chicory segment is estimated to hold a market share of 32% in 2023.
  • By application, food and beverage segment is set to account for 56% of revenue share in 2033.
  • In 2022, the United States held 80% share of the North America market.
  • The United Kingdom is expected to register a CAGR of 6.5% through 2033.
  • Demand in China is expected to rise at a CAGR of 5.8% from 2023 to 2033.
  • India will likely advance at a CAGR of 6.2% between 2023 and 2033.

“Rising emphasis on agriculture-based nations to diversify their economies has encouraged farmers to shift their focus toward the production of commercial crops. So, a notable rise in the supply of chicory, leek, asparagus, and Jerusalem artichoke could positively impact the market during the forecast period.” Says Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Landscape:

The overall market is highly consolidated, as only some inulin producers have been able to market their products successfully in different regional markets. The potential of inulin as a drug delivery system could make inroads for the entry of pharmaceutical companies and diversify the market in the coming days.

The demand for soluble inulin fiber is expected to rise due to shifting consumer tastes and an increase in the customer demand for vegan food items. The growing need for organic ingredients is another factor that is predicted to alter the market orientation of most players involved in the inulin business.

Recent developments in the Inulin Producing Industries 

  • In March 2022, Sensus declared that it would increase the amount of inulin it produces from chicory root fibers at its original plant.
  • In December 2022, The functional ingredient supplier Beneo Inc. invested around US$ 33.9 million to increase its production capacity.

Key Companies Profiled:

  • Archer Daniels Midland Co.
  • S Cargill Incorporated
  • Sudzucker Group
  • Ingredion Incorporated or TIC Gums
  • Tate & Lyle PLC
  • Dow DuPont
  • FMC Corporation
  • Koninklijke DSM N.V.
  • PMV Nutrient Products PVT Ltd.
  • Qingdao Oriental Tongxiang International Trading Co. Ltd.
  • Sensus B.V.
  • Steviva Brands, Inc.
  • Tereos S.A.
  • The IIDEA Company
  • TrooFoods Ltd.

Get More Valuable Insights:

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global inulin market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the inulin market based on source (leeks, asparagus, onion, wheat, garlic, chicory, oats, soybean, jerusalem artichokes, banana, other sources [fruits, etc.]), application (food and beverages [functional food, dairy products, infant formula, breakfast cereal and cereal bars, meat products, beverages, other food and beverages] dietary supplements [weight loss, sports nutrition, general well-being, immune and digestive health, bone and joint health, heart health, other specific requirements] animal feed additives [poultry, swine, cattle, other animals] pet food, aquafeed, other applications), form (powder form, liquid form), function type (bifdus promoting agent, fiber enhancer, sugar alternative, fat alternative or replacer, other functions), sales channels (direct sales channels, indirect sales channels [modern trade channels, specialty stores, franchise or brand outlets, online retailers, other indirect sales]) region (North America, Latin America, Europe , East Asia , South Asia and Pacific , Middle East and Africa)

Browse full Report: https//www.futuremarketinsights.com/reports/inulin-market

Inulin Market Outlook by Category:

By Source Type:

  • Leeks
  • Asparagus
  • Onion
  • Wheat
  • Garlic
  • Chicory
  • Oats
  • Soybean
  • Jerusalem Artichokes
  • Banana
  • Other Sources (Fruits, etc.)

By Application:

  • Food and Beverages
    • Functional Food
    • Dairy Products
    • Infant Formula
    • Breakfast Cereal and Cereal Bars
    • Meat Products
    • Beverages
    • Other Food and Beverages
  • Dietary Supplements
    • Weight Loss
    • Sports Nutrition
    • General Well-being
    • Immune and Digestive Health
    • Bone and Joint Health
    • Heart Health
    • Other Specific Requirements
  • Animal Feed Additives
    • Poultry
    • Swine
    • Cattle
    • Other Animals
  • Pet Food
  • Aquafeed
  • Other Applications

By Form:

  • Powder Form
  • Liquid Form

By Function Type:

  • Bifdus Promoting Agent
  • Fiber Enhancer
  • Sugar Alternative
  • Fat Alternative or Replacer
  • Other Functions

By Sales Channels:

  • Direct Sales Channels
  • Indirect Sales Channels
    • Modern Trade Channels
    • Specialty Stores
    • Franchise or Brand Outlets
    • Online Retailers
    • Other Indirect Sales

By Region:

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

About Future Market Insights (FMI)

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

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Craft Soda Market to Reach USD 1.20 Billion by 2034 Projected Growth at a 4.90% CAGR

Craft Soda Market
Craft Soda Market

The global craft soda market value is expected to rise from US$ 742.8 million in 2024 to US$ 1,200.8 million by 2034. The market is expected to rise at a CAGR of 4.9% through 2034.

Increasing consumption of craft sodas, which are often pitched as fit for every beverage occasion, is driving growth in the market. Purchasing decisions regarding craft soda are driven by ratings and reviews left on eCommerce or brand websites by product users. As a result, players are focusing on enhancing taste profiles and increasing product accessibility to elevate customer experience.

Players are also allocating a portion of their budgets to eye-catching distinctive packaging as exterior covering markets the contents inside. Some participants are also offering product customization options, celebrating the values, cultures, and languages of the markets they are entering. This is done to increase their acceptability in different markets.

Different consumption patterns of the younger generation are also elevating sales of craft sodas. This target population prefers exciting new flavored craft sodas, exhibiting a drift away from mass-produced, manufactured spirits.

“Various markets are expected to drive the demand for craft sodas over the next ten years. The emerging premiumization trend is positively impacting the revenue generated from craft soda, enhancing market opportunities for producers of functional beverages,” says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Key Takeaways from the Craft Soda Market Report

  • The United Kingdom craft soda market is expected to expand at a CAGR of 5.2% through 2034. Meanwhile, the market in Germany is anticipated to register a CAGR of 4.5%.
  • The United States market is forecasted to display a growth rate of 3.7% through 2034.
  • In Asia Pacific, the markets in India and China exhibit CAGRs of 4.7% and 4.2%, respectively, through 2034.
  • The B2C distribution channel is anticipated to hold a market share of 72.4% in 2024.
  • Cola flavor is projected to account for a massive share of 38.40% in 2024.

Strategic Developments in the Craft Soda Market

Recognized leading players are leading the market on the back of expanding brand-loyal customers. However, these players are expected to rely on product innovation in craft soda as consumers show a higher preference for new, flavorful beverages.

The emerging trend of premiumization is projected to impact both new and old players as consumers show a willingness to pay higher prices for beverages infused with original flavors. Market participants are expected to expand into different product categories, like energy drinks and fruit juices. This is in response to the robust consumption levels of these beverages.

Besides product innovation and premiumization, players are expected to employ various strategies to expand their reach. These strategies include mergers, acquisitions, and geographical expeditions.

New Developments in the Craft Soda Market

  • In October 2023, Jones Soda Co. announced a new special edition called Orange Chocolate Soda. The product is going to be available at retail outlets across the United States.
  • In November 2021, Dayton’s brand Rock, Paper, Soda made its debut. This development is in response to growing consumer interest in non-alcoholic options. The brand made its debut with Orange Winter Chai, which is a gourmet spin on classic orange soda.
  • In January 2021, Jones Soda introduced 12-packs and special flavors.

Browse full Report: https//www.futuremarketinsights.com/reports/craft-soda-market

Key Players Operating in the Craft Soda Market

  • Jones Soda Co.
  • Appalachian Brewing Co.
  • Reed’s Inc.
  • PepsiCo, Inc.
  • The Original Craft Soda Company
  • The Coca-Cola Company
  • Crooked Beverage Co.
  • SIPP eco beverage co. Inc.
  • Boylan Bottling Co.
  • Wild Poppy Company
  • Others

Key Segments in the Global Craft Soda Market Report

By Flavor:

  • Cola
  • Tropical Fruits
  • Berries
  • Others

By Packaging:

  • Glass
  • Cans
  • Plastic
  • Others

By Distribution Channel:

  • On-Trade
  • Off-Trade
  • B2C

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

About Future Market Insights (FMI)

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

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Korean Dietary Supplements Market Projected Growth to USD 4.18 Billion by 2033, Driven by a 10.4% CAGR

Dietary Supplements in Korea
Dietary Supplements in Korea

The Korean dietary supplements market is experiencing robust growth, with a projected compound annual growth rate (CAGR) of 10.4% from 2023 to 2033. According to the latest report by Future Market Insights, the market is estimated to be valued at USD 1,561.41 million in 2023 and is expected to soar to USD 4,181.92 million by the end of the forecast period. This significant growth highlights the increasing demand for dietary supplements driven by health consciousness, technological advancements, and evolving consumer preferences.

Growing Health Awareness and Diverse Product Demand

The South Korean market for dietary supplements is witnessing a surge in demand, fueled by a growing awareness of health and wellness. Key trends shaping this market include the increasing popularity of red ginseng, probiotic supplements, vitamins, and collagen products. The convenience and health benefits offered by these supplements have captivated the Korean population, making them an integral part of daily health regimes.

E-commerce: A Catalyst for Market Growth

The rise of e-commerce has revolutionized the dietary supplements market in Korea. A significant portion of the population is now opting for online shopping to purchase their dietary supplements, enhancing accessibility and convenience. This shift has opened new avenues for both local and international brands to reach a broader consumer base effectively.

Key Drivers of Market Expansion

  • Rising Disposable Income Among Youth: The affluent young generation in Korea is increasingly investing in their health and appearance, boosting the sales of dietary supplements. This demographic’s willingness to spend on health and wellness products is a critical driver of market growth.
  • Emergence of Fitness Trends: As fitness becomes a mainstream lifestyle choice, there is a notable shift towards plant-based dietary supplements. This trend is gaining momentum, with more consumers opting for products that align with their fitness and health goals.
  • Government Regulation Enhancing Consumer Confidence: The Korean government’s stringent regulations on dietary supplements have significantly reduced the prevalence of counterfeit products. These measures have bolstered consumer trust and assured the quality and authenticity of supplements available in the market.
  • Rising Popularity of Sports Nutrition: With sports such as football, badminton, and skating gaining popularity, sports nutrition supplements are witnessing increased consumption. These supplements are designed to enhance athletic performance and recovery, further driving market growth.
  • Growing Pet Ownership: The pet population in Korea has nearly doubled over the past decade. This surge in pet ownership presents substantial opportunities for the pet dietary supplements segment, catering to the health and wellness needs of pets.

Browse full Report: https//www.futuremarketinsights.com/reports/demand-and-trends-analysis-of-dietary-supplements-in-korea 

Competitive Landscape and Key Players

The South Korean dietary supplements market is highly competitive, with a diverse array of local and international players. Notable companies driving innovation and growth in this sector include:

  • Korea Ginseng Corporation
  • ChongKunDang Healthcare
  • Dong-A Pharmaceutical
  • Kolmar Korea
  • Nongshim Health
  • Il-Yang Pharm
  • Pulmuone Health & Living
  • Amway Korea
  • GNC Korea
  • Viva Health
  • USANA Health Sciences
  • Kyani
  • DSM Nutritional Products
  • NOVAREX
  • Cellromax
  • Biovea
  • Nestlé
  • GlaxoSmithKline

Recent Industry Developments

In August 2023, Hyundai Department Store partnered with Nestlé to introduce Nestlé’s dietary supplements in Korea, exploring joint production opportunities. Additionally, TSI Group’s myHMB product received approval from the Korean Ministry of Food and Drug Safety (MFDS) in October 2023, enabling TSI Group to highlight the health benefits of myHMB in its dietary supplements.

Key Segments

By Form:

  • Soft Gel or Capsules
    • Confectionary Products
      • Gummies
      • Chews
      • Others
    • Pharmaceutical Products
      • Chewable Pills and Pills
      • Soft Gel
  • Powder
  • Liquid

By Ingredient:

  • Vitamins & Minerals
  • Amino Acids
  • Botanical Supplements
  • Others

By End Use:

  • Men
  • Women
  • Senior Citizen
  • Others

By Application:

  • Weight Loss
  • Sports Nutrients
  • General Well Being
  • Immune Health and Digestive Health
  • Bone and Joint Health
  • Heart Health
  • Others

By Distribution Channel:

  • Pharmacies Drug Store
  • Health & Beauty Stores
  • Immune Health and Digestive Health
  • Bone and Joint Health
  • Heart Health
  • Other

By Province:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

About Future Market Insights (FMI)

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

Contact US:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Frozen Food Market Forecast Expected to Grow to USD 638.6 Billion by 2034 with a 5.7% CAGR

According to Future Market Insights (FMI), the frozen food market is projected to increase from US$ 365.2 billion in 2024 to US$ 638.6 billion by 2034. The market is projected to surge at a CAGR of 5.7% from 2024 to 2034.

Due to their convenience of preparation and single-serving alternatives, frozen foods are becoming increasingly popular among consumers, particularly among millennials. The growing emphasis among consumers on adopting healthy eating habits is driving the demand for frozen foods.

The market for frozen meals is driven by the increasing number of dual-income homes and rising urbanization. These factors are resulting in busier lives and a need for quick & easy meal alternatives, which frozen foods provide.

Supermarkets and hypermarkets, two contemporary retail formats that have increased accessibility to a greater range of frozen food goods, are the primary drivers of the frozen food sector. As customer tastes change, producers respond by consistently releasing new and inventive frozen food items, such as gourmet selections and exotic cuisines, leading to the rise of the frozen food business.

Key Takeaways from the Report:

  • The global frozen food market is projected to reach US$ 638.6 billion in 2034.
  • The market is anticipated to surge at a CAGR of 5.7% from 2024 to 2034.
  • The United States is projected to expand at a CAGR of around 4.9% by 2034.
  • Frozen food demand in China is anticipated to rise at a steady CAGR of 4.2% during the forecast period.
  • Based on product type, the frozen fish and seafood segment is predicted to surge at 4.0% CAGR by 2034.

“Consumer demand for nutritious, organic, and clean-ready meals is rising as a result of their growing appreciation for food that serves a practical purpose in addition to pleasure. Customers are carefully picking their frozen foods to prevent negative health effects due to increased health knowledge and worries about food safety,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Browse full Report: https//www.futuremarketinsights.com/reports/frozen-food-market

Competitive Landscape

Leading companies are seeking strategic collaborations & alliances with other producers to increase efficiency and satisfy the surging number of consumers. Key manufacturers in this industry, with their sizable customer bases, well-known brands, and extensive distribution networks, present fierce competition for the market’s participants.

To remain competitive, companies are adapting serval growth tactics into practice, including alliances and introducing new products.

Recent Development 

  • In March 2021, Nomad Foods acquired Fortenova’s frozen food business.
  • In January 2021, Imperial Tobacco Company of India Limited (ITC) added ten new items and tripled the size of its frozen snack business.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global frozen food market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the frozen food market based on freezing technique (blast freezing, belt freezing, individual quick freezing), product type (frozen ready meals, frozen fish & seafood, frozen meat products, frozen dairy products, frozen fruits & vegetables, frozen bakery products, frozen soups & sauces), distribution channel (food service industry, retail/household), and region.

Vegan Vitamins and Supplements Market to Surge to USD 12.63 Billion by 2033, Growing at a 6.10% CAGR

Vegan Vitamins and Supplements Market
Vegan Vitamins and Supplements Market

According to the latest research by Future Market Insights, the global vegan vitamins and supplements market demand is set to experience substantial growth, expanding at a CAGR of 6.10% from 2023 to 2033. This growth trajectory is forecasted to propel the market value from USD 6,986.1 million in 2023 to an impressive USD 12,629.6 million by 2033. This burgeoning market presents a fertile ground for investors to explore opportunities in the rapidly expanding health and wellness sector.

Market Dynamics and Growth Drivers

The increasing adoption of vegan diets, fueled by rising health consciousness and ethical considerations, is a primary driver behind the growth of the vegan vitamins and supplements market. Consumers are increasingly seeking plant-based alternatives to traditional vitamins and supplements, recognizing the health benefits of natural, cruelty-free products. Social media platforms and online communities play a significant role in promoting vegan lifestyles, making vegan vitamins and supplements more mainstream and accessible.

Competitive Landscape

The vegan vitamins and supplements market is characterized by intense competition, with key players continuously innovating to capture market share. Prominent companies such as VegLife, DuPont, Jarrow Formulas, Solgar Inc, DEVA, VitaminEnergy, NOW Foods, Natrol®, Garden of Life, Pure Encapsulations, Vitacost, HTC Health, Orgenetics, and Ora Organic are leading the charge. These companies are actively engaged in product launches, acquisitions, and collaborations to enhance their product portfolios and strengthen their market positions.

Browse full Report: https//www.futuremarketinsights.com/reports/vegan-vitamins-and-supplements-market

Regional Insights

North America holds the largest market share, driven by a high number of health-conscious consumers and the growing trend of plant-based diets. The region’s demand for vegan vitamins and supplements is bolstered by increasing awareness of the health benefits associated with plant-based nutrition. The North American market is projected to continue its growth momentum, with a strong focus on product innovation and consumer education.

Europe presents a thriving market for vegan vitamins and supplements, with consumers increasingly favoring health-conscious and cruelty-free products. The region’s stringent regulations on animal testing and a growing preference for natural remedies make it an attractive market for vegan supplements. European consumers’ awareness of health and wellness is driving the demand for vegan alternatives, creating significant growth opportunities for manufacturers.

The Asia Pacific region is emerging as a key growth area for vegan vitamins and supplements, driven by the increasing popularity of sustainable living and health-conscious lifestyles. The region’s rapidly growing population and rising awareness of health and environmental issues are fueling the demand for plant-based supplements. This trend presents substantial opportunities for market players to expand their reach and innovate to meet the evolving consumer preferences.

Historical vs. Future Outlook

From 2018 to 2022, the vegan vitamins and supplements market grew at a CAGR of 4.60%, reaching USD 6,678.9 million in 2022 from USD 5,579.3 million in 2018. The forecast period from 2023 to 2033 anticipates continued growth at a CAGR of 6.10%, highlighting the robust demand and market potential for vegan vitamins and supplements.

Market Segmentation and Opportunities

  • By Form: The market is segmented into soft-gels, capsules, liquids, tablets, and powder & granules, with each form catering to different consumer preferences and convenience.
  • By Nature: Products are available in synthetic and organic forms, with organic products gaining popularity for their perceived health benefits and sustainability.
  • By Distribution Channel: The market is segmented by distribution channels, including store-based retail, specialty stores, online retail, supermarkets, and hypermarkets. Online retail is emerging as a key channel, driven by the convenience of shopping from home and the growing trend of e-commerce.

Secure Your Copy Now: Gain full access to the Vegan Vitamins and Supplements Industry report, including Market Forecast, Company Share Analysis, Competitive Intelligence, DROT Analysis, Market Dynamics, Challenges, and Strategic Growth Initiatives.

About Future Market Insights (FMI)

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

Contact US:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Cultured Wheat Flour Market Set for Robust Growth Projected to USD 137.2 Million by 2033 at an 8.8% CAGR

Cultured Wheat Flour Market
Cultured Wheat Flour Market

In 2023, the global cultured wheat flour industry is estimated to acquire US$ 58.6 million. Changing preferences toward wellness and health is expected to aid growth in the market. It is anticipated to cross a value of US$ 137.2 million by 2033. It is likely to garner a CAGR of 8.8% during the forecast period from 2023 to 2033.

The global food sector is evolving with changing customer needs. In the global food & beverage sector, demand for natural and organic products has registered a key growth rate over the last decade. It has further compelled manufacturers to incorporate natural and organic ingredients in their end products.

Shelf life is one of the leading concerns among baked goods manufacturers as these biological compounds are prone to auto-oxidation. These are also capable of generating free radicals, thereby leading to spoilage and rancidity.

Cultured wheat flour is hence recognized as a potential substitute for synthetic preservatives. These are extensively used to extend the shelf life of various food products.

Increasing veganism is further benefiting the cultured wheat flour industry. Apart from this, it is the best substitute for current industrial petrochemical-based calcium propionate preservatives. It helps in protecting the environment against harmful chemicals. For vegans and those who choose not to eat dairy or eggs, cultured wheat flour plays a vital role in providing the daily allowance of this nutrient.

Key Takeaways from the Cultured Wheat Flour Market Report:

  • During the historical period from 2018 to 2022, the global cultured wheat flour industry experienced considerable growth at a CAGR of 2%.
  • China cultured wheat flour industry is expected to reach a size of US$ 12.2 million by 2033.
  • The United States cultured wheat flour industry is anticipated to attain a CAGR of 2% in the assessment period.
  • The United Kingdom cultured wheat flour industry is projected to expand at a decent CAGR of 5% in the next ten years.
  • Based on nature, the organic segment is predicted to be valued at US$ 39.8 million in 2033.

“Food intolerances and allergies have also increased in frequency, and for a few people, wheat is a common allergen or sensitivity trigger. People who are sensitive to gluten or have a wheat allergy might choose to replace cultured wheat flour in their diets instead. It is projected to open door to new opportunities in the forecast period.” – says a lead analyst at Future Market Insights (FMI).

Who is Winning?

Mezzoni Foods, J&K Ingredients, Inc., IFF Nutrition & Biosciences, Cain Food Industries, Glanbia Plc, Norman, Fox & Company, AB Mauri Food Inc., Prathista Industries Limited, Jiangsu Boli Bioproducts Co., Ltd., Limagrain – Ingrédients, Norman, Fox & Company, and Limagrain Ingredients are few leading players operating in the market.

Brands of cultured wheat flour would concentrate on utilizing eye-catching and educational packaging to draw in customers and convey the benefits of their products. Consumers might make informed selections about what products to buy if there is clear labeling highlighting the special features or advantages of cultured wheat flour.

Other businesses are working together with eateries, cafes, and food service providers to include their products on menus. They can spread awareness of the advantages of cultured wheat flour to a wider audience and spur strong demand among restaurants. They might soon deliver inventive dishes or baked products produced with the grain.

For instance,

  • In 2020, CORE Industrial Partners LLC, a Chicago-based private equity firm, acquired J&K Ingredients Corp., a New Jersey-based processor of baked food goods. Most of the company’s product line is made up of organic, natural, and clean-label goods.

Browse full Report: https//www.futuremarketinsights.com/reports/cultured-wheat-flour-market

Get More Valuable Insights into Cultured Wheat Flour Market

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global cultured wheat flour market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

Cultured wheat flour industry is segmented by nature (organic and conventional), end use (bakery, confectionery, cheese, dairy products, salad dressings, processed meat, dips, spreads and sauces, and pet food), and regions.

About Future Market Insights (FMI)

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

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Global Ready-to-Eat Cups Market Expected Growth to USD 669.6 Million by 2033, with a 4.0% CAGR

Ready-to-eat Cups Market
Ready-to-eat Cups Market

The global ready-to-eat cups marketis brimming with potential, projected to reach a value of US$ 669.6 million by 2033. This translates to a compelling CAGR (Compound Annual Growth Rate) of 4.0%, signifying a steady and promising growth trajectory for businesses in the B2B (Business-to-Business) space. This report dives into the key trends, drivers, and investment opportunities shaping this dynamic market.

The ready-to-eat cups market caters to the ever-growing demand for convenient and portable meal solutions. These single-serve cups offer a wide variety of options, from breakfast yogurt parfaits and fruit cups to noodle bowls and microwaveable meals. This versatility, coupled with the time-crunched lifestyles of today’s consumers, is propelling the market forward.

Several factors are fueling the demand for ready-to-eat cups, presenting B2B investors with a multitude of opportunities:

  • Health and Wellness Focus: Consumers are increasingly seeking healthy and functional food options. Manufacturers are responding with ready-to-eat cups featuring organic ingredients, plant-based proteins, and superfoods, creating a lucrative niche for B2B investors focused on health-conscious consumers.

  • Global Flavors and Innovation: The market is witnessing a surge in exciting new flavors and cuisines being incorporated into ready-to-eat cups. Ethnic options like Asian-inspired noodle bowls and Mediterranean salads are gaining traction, catering to a more adventurous palate. B2B investors can capitalize on this trend by supporting companies developing innovative and flavorful cup concepts.

  • Plant-Based Revolution: The rise of vegan and vegetarian diets is creating a significant demand for plant-based ready-to-eat cups. B2B investors can partner with manufacturers specializing in plant-based ingredients and protein alternatives to cater to this growing segment.

Beyond the core demand drivers, several exciting growth factors are expanding the market’s potential for B2B investors:

  • Packaging Innovation: Manufacturers are constantly innovating in packaging technology to enhance product freshness, extend shelf life, and improve convenience. B2B investors can support companies developing sustainable and microwave-safe packaging solutions.

  • Snacking on the Go: Ready-to-eat cups transcend traditional meals, encompassing convenient snack options like yogurt cups, granola parfaits, and fruit cups. This diversification opens doors for B2B investors in the snacking and impulse purchase sectors.

  • E-commerce Boom: The rise of e-commerce platforms is creating new avenues for ready-to-eat cup sales. B2B investors can support manufacturers in developing strong online presences and building strategic partnerships with e-commerce giants.

For instance:

  • In May 2023, Pasta Noodles Co. declared that it is setting itself apart in the RTE sector by leveraging rapid-cook technology. This innovative approach allows for significantly reduced cooking times, providing consumers with a quick and convenient meal solution. By implementing rapid-cook technology, Pasta Noodles Co. aims to meet the growing demand for RTE options. These would offer both speed and quality, appealing to busy individuals seeking a hassle-free dining experience.
  • In September 2022, Pacific Foods embraced the arrival of autumn by introducing a range of new products in the form of organic canned ready-to-serve soups and plant-based chilis. These additions to the company’s lineup cater to growing demand for convenient and wholesome meal options. These feature organic ingredients and delicious flavors to satisfy rising preferences.

Key Companies Profiled

  • Campbells Soup Company
  • General Mills
  • The Kraft Heinz Company
  • RIVIANA FOODS INC.
  • Bob’s Red Mill
  • Pepsico
  • B&G Foods, Inc.
  • Conagra Brands
  • Nestlé
  • Modern Oats
  • Hain Celestial
  • Pasta Berruto
  • Chas E. Ramson Limited
  • Barilla Group
  • Dr. McDougall’s Right Foods

Ready-To-Eat Cups Market Outlook by Category

By Product Type:

  • Soup
  • Pasta
  • Rice
  • Oatmeal

By Nature:

  • Organic
  • Conventional

By Distribution Channel:

  • Store-based Retailing
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Food Stores
    • Discount Stores
    • Traditional Grocery Retailers
  • Online Retailers

By Region:

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

Browse full Report: https//www.futuremarketinsights.com/reports/ready-to-eat-cups-market 

About Future Market Insights (FMI)

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

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube