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Explosive Growth Ahead: Egg White Powder Market to Exceed USD 5 Billion by 2033

Egg White Powder Market Analysis — Egg White Powder Market

The global egg white powder market is predicted to register a robust CAGR of 11% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 1,768 million in 2023 to US$ 5,071.5 million by 2033 end.

The egg white powder industry is poised for significant growth in the coming years, driven by its high biological value and rich mineral and vitamin content. Widely embraced as a protein-rich alternative with a longer shelf life than fresh eggs, egg white powder finds extensive use across various sectors, including bakery products, dietary supplements, ice creams, and meat products.

Fueling this growth is the thriving nutraceuticals and dietary supplements industry, where egg white powder is prized for its bioavailability and lactose-free nature. With low fat and carbohydrate content, it aids in muscle recovery, making it a favored choice among fitness enthusiasts and health-conscious consumers.

Moreover, the functional and nutritional benefits of egg white powder have led to its incorporation in nutraceutical products. As the demand for dietary supplements continues to soar, the consumption of egg white powder is expected to rise accordingly. For instance, projections by the Food Safety and Standards Authority of India (FSSAI) suggest that the Indian nutraceutical market could reach a value of US$ 18 billion by 2025, underscoring the growing significance of egg white powder in the industry.

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Top Highlights from the FMI’s Analysis of the Egg White Powder Market:

On the basis of market share, the United States is estimated to position itself at the top of the industry by attaining the maximum share of 12.2% in the global market. The dense presence of key players in the country is expected to support the country’s dominance at a global level.
In the Asia Pacific region, Japan is expected to be a prominent shareholder of 4.1% in the forecast period. Growing health consciousness; and awareness of health benefits associated with egg white powder are fundamental aspects that are propelling the country’s growth.
In the Europe region, Germany is expected to account for 2.9% percent of the market share. New launches and variants of the product gain huge acceptance in countries of Europe like Germany, which is bolstering the sales of egg white powder for better results in its different applications.

New Developments as Observed by FMI

Designer Protein, a company based in the United States, in October 2018, introduced Totally Egg Protein Powder. The company states that this is the first-ever protein powder that consists of important nutrients from the whole egg.
Srinivasa Group, in July 2017, partnered with Hy-line International to extend its poultry footprint and also commence its chicken and egg-powder products manufacturing plants in Andhra Pradesh and Telangana, India.

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Key Players in the Market

Merck KGaA
HiMedia Laboratories Pvt. Ltd.
Kewpie Corporation
NOW Health Group, Inc.
Taiyo Kagaku Co. Ltd.
Avangardco
Sanovo
IGRECA
JW Nutritional, LLC
Rembrandt Foods
Rose Acre Farms
Others

Key Segments

By End Use:

Food Processing
Cosmetics & Personal Care
Pharmaceuticals
Dietary Supplements
Beverage Processing
Retail

By Grade:

Food Grade
Technical Grade

By Sales Channel:

B2B
B2C
- Store-based Retail
  - Modern Trade
  - Convenience Stores
  - Specialty Sports Stores
  - Online Retail
  - Other Sales Channels
- Online Retail

By Region:

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

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About Future Market Insights (FMI)

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

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Unlocking Growth: Collagen Supplement Market Set to Reach USD 3.09 Billion by 2034 | FMI

The global collagen supplement market size is estimated to be valued at around US$ 1,655.7 million in 2024. The global demand for collagen supplement drinks and food items is predicted to grow at a moderate CAGR of 6.4% during the forecast period. The global collagen supplement industry share is forecast to reach a value of nearly US$ 3,089.7 million by 2034.

Collagen Supplement Market Trends & Analysis

Increases in healthcare and personal care expenditures across the globe, most notably in developing countries.
Healthcare supplements are being developed to meet the needs of an expanding urban population.
Continuous introduction of skin care products that are more environmentally friendly and effective against broader skin care regimes to grow the market.
A growing market for immune health supplements requires an increase in consumer awareness.

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Collagen supplements have already seen tremendous success in the Western market due to a growing consumer base that is open to embracing healthier products. The product is gaining traction in Asian and African countries in recent years as it is conceived to offer benefits related to healthy aging while emphasizing hair, nail, and skin attractiveness.

Key Takeaways:

Dominates the North American collagen supplement market with a projected CAGR of 6.2% through 2034.
Increased consumer awareness regarding the potential advantages of collagen tripeptides and peptides.
Demand for collagen supplements expected to grow at a rate of 6% over the forecast years.
Collagen supplement industry projected to expand at a rate of 5.4% through the forecast period.
Emphasis on diet plans for athletes leading to increased sales of collagen-infused drinks and food items.
Collagen sales expected to increase at a rate of 5% per year between 2024 and 2034.
Rising consumption of supplements and vitamins for natural beauty among Japanese consumers.
Most promising market for collagen supplement suppliers in Asia, with a lucrative CAGR of 5.8% through 2034.
Rising disposable income and growing awareness of skin and hair health fueling demand for collagen supplements.

Competitive Landscape for Collagen Supplement Market

The global collagen protein supplement market is currently moderately competitive and the rivalry is expected to intense during the projected years. Key players operating in collagen supplements have limited manufacturing capacity, with product manufacturing plants located close to raw material sources, resulting in low prices of raw materials. Manufacturers are also involved in the product’s distribution via vast distribution channels distributed across developed economies such as North America and Europe.

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Recent Developments in the Global Collagen Supplement Market

In February 2024, Loreal developed the second iteration of its Age Perfect Collagen Royal Anti-Aging Face Cream, effectively tapping into the rapidly expanding recombinant collagen market in China.
In November 2023, Elemis declared to introduce Pro-Collagen Skin Future Supplements in 2024. The product containing food-grade hyaluronic acid, an antioxidant combination, chlorella, and vitamins A and C ingredients is priced at US$ 99 and is available only at QVC.
In 2020, Life Extension Introduces a New Hydrolyzed Collagen Supplement: Peptides of Collagen for Skin and Joints.
In 2021, Ancient Nutrition, a supplement company based on regenerative agriculture, launched its latest line of collagen peptide formulas, which are clinically proven to deliver efficacious results in as little as one day.

Key Players Profiled in the Collagen Supplement Market Report

Ancient Nutrition
Nitta Gelatin Inc.
Darling Ingredients Inc.
Koninklijke DSM N.V.
CONNOILS LL
Collagen Matrix
Titan Biotech Ltd
Protein SA
Life Extension
GELITA AG
Weishardt
Tessenderlo Group NV
LAPI GELATINE S.p.a.
ITALGELATINE S.p.A.
Trobas Gelatine B.V.

Key Coverage in the Collagen Supplement Market Report

Adjacent study on oral collagen supplement market.
Market overview of marine collagen supplement products
Emerging trends in beuty collagen supplements
Consumer demand for joint collagen supplements
Collagen peptides industry analysis

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Key Segments Covered by Collagen Supplement Industry Survey Report

By Product Type:

Gelatin
Hydrolyzed
Native

By Form Type:

Powder
Liquid
Pills & Gummies

By Source:

Bovine
Porcine
Marine & Poultry

By End Use:

Nutritional Products
Snacks & Cereals
Dairy Products
Beverages
Meat & Poultry
Bakery & Confectionery
Other End Users

By Sales Channel:

B2B or Direct Sales
B2C or Indirect Sales
- Modern Trade
- Traditional Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Retail Stores
- Others

By Region:

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

About Future Market Insights (FMI)

Emerging Opportunities in the Mussel Market: Projected Growth to Reach USD 5.83 Billion by 2034

The mussel market is predicted to be valued at US$ 3.58 billion in 2024 and to US$ 5.83 billion by 2034. Over the projection period, the mussel market is expected to surge at a CAGR of 5.00%. Advancements in aquaculture technology are transforming mussel farming. Advanced sensors, underwater drones, and automated systems hone farming practices, improving yield and sustainability and reducing the environmental impact.

Rising awareness regarding the health benefits of mussel consumption is propelling market demand. Mussels are rich sources of protein, Omega 3 fatty acids, and vitamins, which appeal to health conscious consumers who are shifting to nutritious and sustainable food options. Manufacturers are expanding their product lines by producing value added mussel items including ready to eat meals, flavored marinades, and gourmet sauces. These creative offers address changing customer needs for convenience, diversity, and gourmet experiences.

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The mussel market is expanding into new geographical locations, propelled by globalization and rising seafood consumption. Emerging economies in Asia Pacific and Latin America provide unexplored chances for expansion by providing access to a diversified customer base with changing interests and preferences.

With growing worries about environmental degradation and climate change, sustainable methods are becoming increasingly important for mussel growers and consumers. To reduce their carbon footprint and protect marine habitats, businesses are implementing waste reduction measures, investing in renewable energy sources, and using ecofriendly agricultural practices.

The growth of ecommerce and digital platforms is revolutionizing the distribution and marketing channels of the mussel’s market. Online marketplaces, direct to consumer sales, and digital marketing campaigns enable manufacturers to access a larger audience and interact with customers in new ways.

Key Takeaways from the Mussel Market:

India leads the mussel market, expecting an 8.2% CAGR by 2034.
Germany anticipates a 7.0% CAGR by 2034.
The United States is expected to surge with a 4.1% CAGR until 2034.
The conventional segment is expected to hold a 76.8% market share until 2024.
FMI forecasts the frozen segment to attain a 29.7% market share by 2024.

“The mussel market relies on sustainable practices and customer need for freshness, creating profitable prospects among changing culinary trends,” – Says Nandini Roy Choudhury, Client Partner at Future Market Insights

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How are key players revolutionizing the Mussel Market?

In the vast mussel market landscape, significant companies emerge as giants who shape the direction of the industry. These industry leaders are well known for their cultivation, distribution, and innovation skills. From artisanal fishers promoting local delicacies to multinational enterprises managing global supply networks, their approaches vary.

Key stakeholders engage in sustainable techniques, ensuring the future of aquaculture while addressing consumer needs for traceability and environmental awareness. They dominate shelves and menus worldwide thanks to their ability to navigate regulatory systems and markets effectively. As culinary landscapes change, these actors remain critical in determining preferences, trends, and the very core of the mussel industry.

Product Portfolio:

Navchetana Kendra Agra has a comprehensive product range that includes high quality organic vegetables, herbal supplements, and natural health items. Their products, which emphasize holistic health and well being, appeal to discerning consumers looking for nourishment and vitality.
Clearwater Seafoods offers a diverse range of sustainably obtained seafood specialties, including quality lobster, scallops, and wild caught fish. Clearwater Seafoods is well known for its devotion to quality and responsible fishing techniques, and it provides great flavor and freshness to seafood enthusiasts all around the world.

Recent Developments:

In February 2024, Bioriginal Food & Science Corp. (“Bioriginal”), a fully owned subsidiary of Cooke Inc., has acquired POS Biosciences Corp. (POS) of Saskatoon from Canopy Growth Corp.

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Segmentation Analysis of the Mussel Market:

By Nature:

Organic
Conventional

By Species Type:

Blue Mussels
Rabbits foot Mussels
Snuffbox Mussels
Horse Mussel
Others (Mediterranean mussels, California mussels, etc.)

By Product Type:

Shelled
Half Shelled
Cooked/Non-shelled

By Format:

Fresh
Frozen
Canned

By End-use Application:

HoReCa
Hotels
Restaurants
Cafes
Retail/Household
Hypermarkets/Supermarkets
Convenience Stores
Discount Stores
Online Retail Stores
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia & Pacific
East Asia
The Middle East & Africa

About Future Market Insights (FMI)

Microalgae Market Set to Thrive: Health and Medical Sector Valuation Expected to Surge USD 1.34 Billion by 2033

The health and medical microalgae market is anticipated to secure a valuation of US$ 729 million in 2023 and is predicted to reach US$ 1,337 million by 2033. The market is estimated to capture a CAGR of 6% during the forecast period.

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The market is influenced by several driving factors, including:

Growing Awareness of Health: Consumers are increasing the adoption of health and medical microalgae by raising awareness towards health and wellness. It contains high nutrients, minerals, protein, antioxidants, and essential fatty acids that promote a healthy lifestyle.
Increasing Demand for Plant-based Ingredients:The rising consumer demand for plant-based and vegan products is increasing the adoption of microalgae. These consumers are shifting their preferences from animal-derived products.
Growing Pharmaceuticals and Nutraceutical Sectors:The pharmaceuticals and nutraceutical sectors are rapidly driving the global market by promoting health-beneficial properties. These sectors produce dietary supplements, pharmaceutical formulations, and functional foods to expand the global market.
Research and Development:The rising research and development activities are key to developing innovative, advanced techniques and high-quality products. These products attract consumers are increasing the demand for microalgae.
Sustainable Production:Microalgae are cultivated in freshwater and seawater with sustainability. It contains a rich source of nutrition and minerals that attract consumers and reduce environmental impacts.
Functional Ingredients:Microalgae are widely used for functional ingredients. For instance, chlorella and spirulina are used in functional foods, beverages, and dietary supplements. These products are popular among consumers that prefer plant-based alternatives.

These are a few of the factors that are experiencing steady growth in the global market. The rising demand for nutrients, sustainability, functional ingredients, and consumer awareness is estimated to continue to fuel the global market by 2033.

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Key Takeaways:

The health and medical microalgae market is estimated to secure a valuation of US$ 1,337 million with a CAGR of 6% by 2033.
In the historical period, the market secured a valuation of US$ 647.50 million with a CAGR of 3% in 2022.
The United States is estimated to register a share of 24.3% in the global market by 2033.
With a share of 9.9%, Germany is significantly growing the global market during the forecast period.
Japan is anticipated to capture a share of 2.0% in the global market by 2033.

How Key Players Upsurge the Global Market?

The number of key players in the region highly fragments the market. These players are innovating new and improved products to upsurge the global market. They are focused on consumers’ expectations and develop better products per their requirements. These players adopt several marketing tactics to uplift the global market, mergers, acquisitions, partnerships, product launches, and collaborations.

The key players are distributing their products in retail shops, online platforms, and social media channels to reach more customers. They also promote their products and educate their consumers by visiting trade shows and exhibitions.

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Recent Developments in the Global Market are:

In 2021, Sophie’s Bionutrients launched its new product provides alternative meat. It is plant-based that made from microalgae.
In 2019, Atacama Bio Natural Products announced its newly launched product NatAxtinTM. It is made from microalgae that contain antioxidant properties and rich nutrients.

Prominent Players in the Global Market are:

DIC Corporation
Koninkliijke DSM NV
Roquette Frères
Sun chlorella
Cellana LLC
Fuji Chemical Industries Co., Ltd.
Corbion (TerraVia Holdings)
Yunnan Green-A-Bio-engineering Co Ltd
Buggypower
Cyanotech Corporation

Health and Medical Microalgae Market by Category

By Species Type:

Spirulina
Chlorella
Dunaliella
Aphanizomenon
Haematococcus
Crypthecodinium
Schizochytrium
Euglena
Nannochloropsis
Nostoc
Phaedactylum
Others

By Source:

Marine Water
Fresh Water

By End Use Application:

Nutraceuticals and Dietary Supplements
Pharmaceuticals

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

About Future Market Insights (FMI)

Flavored Syrup Market to Soar to USD 81.2 Billion by 2034, Driven by Consumer Preferences and Beverage Industry Expansion

The global market for flavored syrups market is estimated to be around US$ 57,230.9 million in 2024. In 2023, the market was valued at US$ 54,350.3 million. It is projected to exhibit a CAGR of 4.00% over the forecast period, with an estimated market size of US$ 81,200.0 million by 2034.

Post-pandemic, there has been an excellent demand for artisanal and customized beverages across the world. This has opened new doors for the companies involved in manufacturing flavored syrups to capitalize on the growing trend for unique and personalized flavor experiences. Flavored syrups are liquid sweeteners that come in a wide array of flavors, including classics like vanilla and chocolate, as well as more exotic options such as fruit, nut, or spice-infused varieties.

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Flavored syrups find their applications in a wide range of industries. The demand for artificial syrups in the food and beverage industry is attributed to their ability to precisely replicate and maintain specific flavor profiles, ensuring a consistent taste in their products. Flavored syrups are also gaining popularity due to their consistent flavor profiles, cost-effectiveness, and versatility in applications.

One of the major contributors to the flavored syrup market is the foodservice sector. Flavored syrups are highly sought-after in restaurants, bars, cafes, etc., to make signature cocktails and non-alcoholic beverages. In the bakery industry as well, flavored syrups are used in the production of cakes, pastries, pancakes, smoothies, croissants, etc.

“As the world is pushing toward a healthier lifestyle, there is an excellent demand for nutritional beverages and shakes. Natural flavored syrups form an essential component of these food items. Key players in the industry must market their products accordingly to bring a substantial amount of health-conscious consumers to the market,” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways from the Market Study:

Synthetic syrups account for a market share of 34.00% in 2024.
Coffee-flavored syrups are expected to hold 13.00% of the market in 2024.
The flavored syrup market in Germany is predicted to grow at a CAGR of 6.50% through 2034.
The flavored syrup market in China is predicted to rise at a 5.50% CAGR through 2034.
The flavored syrup market in the United States has the potential to increase at a 4.50% CAGR through 2034.
The Australian flavored syrup market is predicted to rise by 3.40% CAGR through 2034.
The flavored syrup market in Japan is predicted to grow at a CAGR of 4.00% through 2034.

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Key Companies in the Market

The Hershey Company
Monin
Torani
DaVinci Gourmet
Fuerst Day Lawson (FDL)
Kerry Group
Sensient Technologies Corporation
Concord Foods
Mocafe
Amoretti
Ghirardelli Chocolate Company
Tate & Lyle PLC
Jordan’s Skinny Mixes
Sweetbird
1883 Maison Routin
Nestlé S.A.
Walden Farms
Jordan’s Skinny Syrups
Sunny Sky Products
R. Torre & Company (Monin)

Competitive Landscape:

The global flavored syrup market is highly concentrated, with major players like Monin Inc., Sensient Technologies, The Hershey Company, Tate & Lyle, and Kerry Group dominating the market share.
Key companies are actively producing sugar-free syrups in response to growing health-conscious consumer preferences, aiming to reduce overall sugar intake in their products.
International players are capitalizing on the demand for natural food additives by manufacturing organically flavored syrups due to consumers’ increasing preference for natural and organic ingredients in their food and beverages.

Recent Developments:

In March 2023, Torani, a century-old flavor industry leader, introduced Torani Kettle Corn Syrup, combining sweet and salty notes for a familiar yet pleasantly unexpected addition to its extensive syrup line.
Jordan’s Skinny Mixes debuted a zero-calorie, naturally sweetened Pumpkin Spice syrup in August 2023, crafted with natural ingredients for an elevated beverage experience.
IHOP and Kraft Heinz partnered to release a pancake-inspired coffee line with Signature Blend, Chocolate Chip, and Buttery Syrup flavors, expanding the iconic restaurant chain’s consumer packaged goods.

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Market Segmentation:

By Flavor:

Fruit
Chocolate
Vanilla
Coffee
Herbs & Seasonings

By Application:

Beverages
Diary & Frozen Desserts
Confectionery
Bakery

By Flavor Type:

Sweet
Salty
Sour
Savory
Mint

By Product type:

Natural
Synthetic

By Region:

North America
Latin America
Europe
Asia Pacific
MEA

About Future Market Insights (FMI)

Unlocking Growth Potential: NPK Fertilizers Market Set to Expand to USD 4.44 Billion by 2033, Driven by Rising Demand Across Dairy, Meat, and Bakery Industries

According to a report published by FMI, the global NPK Fertilizers Market will be valued at US$ 3.03 Bn in 2023. It is expected to grow at a CAGR of 3.9% during the forecast period, reaching a value of US$ 4.44 Bn by 2033.

In addition to improving crop quality and yield, their use reduces application costs. Increasing public awareness of the benefits of NPK fertilizers promotes market growth. In most of the region, commercial feed and high-protein food are becoming more prevalent.

To ensure healthy plant growth, NPK fertilizers (feed-grade and food-grade) are widely used in agriculture. They are available in liquid, gaseous, and granular forms. By ensuring nutrient and water efficiency, it reduces fertilization costs while also increasing demand for NPK fertilizers.

Increased accuracy in cultivating, using, and applying NPK manures, as well as improved crop security provided by NPK manures, are spurring consumer demand for high-quality compost. As a result of the increased consumption of fresh fruits and vegetables, wheat, and rice, among other things, the global market for NPK fertilizers is also growing.

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Growing demand for NPK fertilizers has been spurred by advancements in farming and agriculture techniques. As most leading manufacturers are well aware, consumers demand high-quality food grains and foodstuffs.

Key Takeaways from the NPK Fertilizers (Feed-Grade and Food-Grade) Market

The global market for NPK fertilizers is projected to generate US$ 4.44 Bn by 2033, growing at a CAGR of 3.9%.
It is expected that Asia Pacific will continue to hold the largest market share and grow at a moderate-paced CAGR of 6% predicted to reach US$ 641.31 Mn by 2033.
Phosphorus market is growing at a CAGR of 4.5% and is expected to reach US$ 2.2 Bn by 2033.
The powder segment is projected to be the fastest-growing form of NPK fertilizers (feed-grade and food-grade). In the powder segment, consumers are attracted mainly by its ease of use, consistency, and ability not to alter the desired texture of food products.
China is expanding at a CAGR of 6.6% while Germany is growing at a CAGR of 2.8% in the forecast period.
US registered a market valuation of US$ 769.51 Mn in 2023 and is projected to reach a valuation of US$ 947.27 Mn by the end of 2033.

“Dairy products, meat products, bakery products, and beverages are among the industries that are increasing their demand for NPK fertilizers (feed-grade and food-grade). This is driving the market to grow.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Competition Landscape in the NPK Fertilizers (Feed-Grade and Food-Grade) Market

To expand their product portfolios and attract consumers from a variety of industries, several manufacturers are introducing multi-performance variants. Among the strategies, companies employ to improve their market position in mergers and acquisitions. These strategies have helped the company become more competitive and improve its market position.

Borealis AG (Austria), Yara International ASA (Norway), Petróleo Brasileiro S.A. (Brazil), The Mosaic Company (US), AkzoNobel (Netherlands), Israel Chemicals Ltd. (Israel), EuroChem (Switzerland), PotashCorp (Canada), Agrium Inc. (Canada), Alltech (US), PhosAgro (Russia), Haifa Chemicals (Israel), Aditya Birla Chemicals (India), SKW Stickstoffwerke Piesteritz (Germany) are some of the key players operating the global NPK fertilizers (feed-grade and food-grade) market.

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Recent Developments in the NPK Fertilizers (Feed-Grade and Food-Grade) Market

EuroChem announced in February 2022 that it had begun exclusive negotiations to acquire Borealis’ nitrogen operations.
Sinofert Holdings Limited, a subsidiary of State Power Investment Corporation (SPIC), invests in Sinofert II LLC, a fertilizer manufacturing company in India with the same annual production capacity as SPIC’s existing plant in Sichuan Province, China.
Petrobras’ fertilizer plant will be purchased by the Russian company Acron in February 2022.
The Acron Group has developed new brands of NPK complex mineral fertilizers for cereal crops grown in West and East Africa. These new products are being developed at the company’s Veliky Novgorod site in Russia.

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NPK Fertilizers Market by Category

By Type, the NPK Fertilizers Market is Segmented as:

Nitrogen
Phosphorus
Potassium
Others

By Form, the NPK Fertilizers Market is Segmented as:

Powder
Liquid
Others

By Application, the NPK Fertilizers Market is Segmented as:

Bakery Products
Meat & Meat Products
Dairy Products
Beverages

By Region, the NPK Fertilizers Market is Segmented as:

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

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Explosive Growth in Organic Foods Market: Projected to Soar to USD 553.13 Billion by 2033 Driven by Health-Conscious Consumers and Sustainable Farming

The organic foods market is projected to secure a valuation of US$ 176.51 billion in 2023 and is anticipated to rise to US$ 553.13 billion by 2033. The market is likely to register a CAGR of 12.1% during the forecast period.

The rising urbanization, population, and changing consumer preferences are driving market growth during the forecast period. Increasing consumer awareness of a healthy lifestyle and government initiatives to promote organic farming fuel market opportunities. In addition, the popularity of novel products and clean-label food items is increasing the adoption of organic foods.

Several food & beverage manufacturers innovate food production by adopting organic foods, including bakery products, snacks, infant formulas, and confectioneries. Consumers’ growing popularity of processed, frozen and packed foods is advancing the market share. In May 2022, Cocos Organics announced the new launch of dairy-free yogurt with the addition of Bifidobacterium BB-12.

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Endorsement of Companies’ Brand Drive the Market Growth

The top companies present innovative products through organic foods that attract consumers’ requirements. In addition, these companies are promoting their product to enhance their brand reputation. Adding several organic foods such as traditional, organic, and vegan, these company vendors upgrade a healthy lifestyle.

Famous personalities are advertising newly launched products to get a maximum engaging audience which is further flourishing the market size. In November 2021, Amara Organic Foods collected a fund of around US$ 12 million to expand its business for infant organic food products.

Key Takeaways:

The organic foodsmarket is expected to have a valuation of US$ 553.13 billion by 2033.
With a CAGR of 12.1%, the global market increasing from 2023 to 2033.
The United Kingdom organic foods marketis anticipated to secure a maximum share through 2033.
In the historical period, the market secured a CAGR of 11.2% between 2017 and 2022.
In the historical period, the market captured US$ 172.06 billion between 2017 and 2022.

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Who is Winning?

The presence of prominent vendors around the globe fragments the market. These vendors invest a massive amount in research & development activities to innovate various innovative products through their marketing knowledge and unique ideas. In addition, key players are focusing on consumers’ requirements and developing the products accordingly to attract them.

Several marketing tactics and advanced technologies are adopted to acquire maximum output and upsurge the market to another height. These marketing methodologies include mergers, acquisitions, partnerships, agreements, and collaborations.

Other Prominent Players in the Market:
Eden Foods Inc
General Mills Inc
Organic Valley
Danone S.A.
Amy’s Kitchen Inc
Hain Celestial Group Inc
SunOpta Inc
Arla Foods Amba
Dole Plc
Organic India Pvt Ltd

Recent Developments in the Organic Foods Market are:

In June 2020, Sprout Organic Inc signed a partnership with Amazon to provide a plant-based formula for infants in Australia.
In May 2020, Barry Callebaut announced its new dairy-free organic chocolate to expand its business in North America.
In April 2022, Nestle S.A. announced new plant-based products for babies, which are available on Amazon.
In May 2022, Organic India launched organic tea products such as Tulsi Detox Khawa, Moringa Hibiscus, and Peppermint Refresh.
In January 2021, L.T. Food Limited announced its acquisition with a 30% of stake in Leev. Nu. Company. The company promotes organic-label food products in the Netherlands.

More Insights into Organic Foods Market

In its latest report, FMI offers an unbiased analysis of the global organic food market, providing historical data from 2017 to 2022 and forecast statistics for 2023 to 2033. For a comprehensive understanding of the global market potential, growth, and scope, the market is segmented on the basis of category, product type, distribution channel, and region.

According to the same reports, based on segmentation, the supermarket/ hypermarket distribution channel will contribute substantially to the overall market growth. This segment will account for a sizeable portion of the market share due to the availability of a large variety of products.

Based on region, the organic food market in the US will likely demonstrate strong growth and account for a large portion of the overall market share. The target market in this region is shaped by growing health consciousness, heightened focus on eating healthy, and rising demand for clean-label products. Rising organic farming also promotes the organic food market growth in the US. Additionally, the U.K, and India will also make considerable contributions to the global growth of the organic foods market.

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Organic Foods Market by Category

By Category:

Dairy
Frozen & Processed Foods
Fruits & Vegetables
Cereals & Grains
Meat
Fish & Poultry
Others

By Product Type:

Unprocessed
Processed

By Distribution Channel:

Online Retail Stores
Supermarkets/Hypermarkets
Convenient Stores
Specialty Stores
Others

By Region:

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

About Future Market Insights (FMI)

Booming Lager Market Premiumization and Flavor Innovation Fueling Growth to USD 512.26 Billion by 2033

The lager market is anticipated to grow at a CAGR of 3.1% and reach a value of US$ 512.26 billion by 2033 from US$ 380.73 billion in 2023.

The market’s growth is primarily influenced by a notable rise in global alcoholic beverage consumption. Market expansion is driven by consumers, particularly millennials, who are increasingly demanding premium and super-premium lager. The trend of exploring a variety of alcoholic beverages in bars, restaurants, motels, and fast-service establishments is gaining popularity.

Numerous companies offer lagers, and there is an emerging trend among consumers who are eager to experiment with new and diverse lager options. Additionally, the introduction of innovative flavors like apple, blueberry, chocolate, cheese, and lemon has played a vital role in the company’s growth. Consequently, these factors are expected to contribute significantly to the increased demand for lager in the forecast period.

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Market Opportunities

The lager market is experiencing significant growth, presenting abundant opportunities for businesses and manufacturers. With the global lager industry expanding rapidly, there are ample chances to capitalize on its potential. Moreover, the current trend of people becoming more health-conscious works in favor of the lager market, as lager offers a low-carb and low-calorie alternative compared to other types of beers. This health-conscious shift is likely to further enhance the market’s potential for growth during the forecast period.

The retail sector plays a pivotal role in the lager industry, driving significant sales as many customers prefer purchasing this type of beer. Additionally, lager is also popularly bought in various establishments such as bars, restaurants, and other venues where customers have easy access to lager products.

The current prevalence of smartphones and the widespread use of social media have attracted alcoholic and non-alcoholic beverage manufacturers to promote their products. Many consumers, especially the youth, are active on social media platforms. This makes these platforms highly popular among the younger audience. Consequently, brands are utilizing these social media channels to create advertising campaigns, promote their products, and offer them through online platforms and official websites. This strategic approach is expected to fuel the growth of the lager market significantly during the forecast period.

Key Takeaways

The global lager sector expanded at a CAGR of 3.1% from 2023 to 2033.
By 2033, the lager industry is projected to expand to US$ 512.26 billion.
In 2022, the United States dominated the lager industry with a share of 24.0%.
In 2022, Germany expanded significantly in the lager industry, with a share of 7.1%.
In 2022, India is projected to expand significantly in the lager industry, exhibiting a CAGR of 4.1% through 2033.
Japan emerged as a key player in the lager market in 2022, securing a substantial 4.8% market share.

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Competitors Winning Strategies

Competitors in the lager market are employing a wide range of strategies to gain a competitive edge. They are continually innovating by creating new products that cater to customers’ evolving tastes and preferences. Additionally, they are experimenting with novel ingredients to differentiate their offerings.

A key aspect of their success lies in their adeptness at marketing and advertising. Competitors are leveraging various strategies and platforms, such as social media, to reach and target specific consumer segments effectively. Their focus on building a strong distribution network enables them to transfer and deliver products to their customers seamlessly. They can expand their customer base significantly by implementing this strategy.

Certain competitors have managed to establish their own distinct brands, thereby gaining the trust and loyalty of consumers. These brands serve as a valuable tool for customer retention, facilitating easy product recall and recognition. Notable competitors in this market include Ale, Stout, and Porter.

Recent Developments:

In June 2023, IMPOSSIBREW®, the pioneering beer startup renowned for its nootropic alcohol substitute, Social Blend™, revealed its latest collection of limited edition beers. The newly launched IMPOSSIBREW® Fruited Lager offers a refreshing summer experience with two delightful flavors: Yuzu & Lime Lager and Salted Grapefruit Lager, each boasting a 0.5% ABV and infused with the signature relaxation effects of Social Blend™.
In March 2023, Braxton Brewing Co. delighted beer enthusiasts with the announcement of their newest craft option to join their lineup of celebrated beers. It introduced Spur, an American Amber Lager meticulously crafted to offer a full-flavored experience that meets today’s consumer needs with unmatched perfection.
In December 2022, Bira 91 made waves with the introduction of RISE, India’s first-ever premium rice strong lager. This exceptional brew is enhanced with locally sourced rice from India. With an alcohol by volume of less than 8%, this refreshing thirst quencher showcases Japan’s unique Sorachi Ace hops, imparting a delightful touch of subtle lemon citrus aromas.

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Lager Market By Category

By Variety:

Pale
Vienna
Dark

By Product Type:

Standard
Premium
Luxury

By Packaging Type:

Glass
Metal Can
Others

By End Use:

HoReCa
Household Retail
Others

By Sales Channel:

B2B
B2C
- Modern Trade
- Traditional Liquor Stores
- Specialty Stores
- Online Retail
- Other Retail Formats

By Region:

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

About Future Market Insights (FMI)

Fermented Feed Market Set to Skyrocket: Projections Show Growth to USD 42.1 Billion by 2034, Driven by Antibiotic-Free Meat Movement

According to Future Market Insights’ latest report, the global fermented feed market will reach a value of USD 19.9 billion in 2024. Over the next decade, global sales of fermented feeds are expected to surge at a Compound Annual Growth Rate (CAGR) of 7.8%, reaching USD 42.1 billion by 2034.

Several factors are poised to drive the growth of the fermented feed market during the assessment period. These include the thriving livestock industry, rising demand for animal protein, increasing awareness of the benefits of fermented feed, and the growing need for high-nutritional feeds.

Farmers worldwide are progressively recognizing the health advantages of fermented feed, such as improved digestibility and enhanced nutrient content. This awareness is anticipated to be a significant catalyst for market growth through 2034.

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The increasing global demand for animal protein, driven by population growth and evolving lifestyles, is creating a surge in demand for fermented feed. This presents an opportunity for farmers to meet the rising need for animal protein effectively.

Additionally, the adoption of fermented feed contributes to reducing overall feed intake while maintaining or even enhancing nutrient levels, leading to indirect cost savings. Fermented feed also improves feed quality and nutritional content, enhances digestibility, and boosts the immune system, thereby increasing resistance to diseases and bacterial infections.

In poultry, such as chickens, fermented feed promotes higher yield by boosting shell weight, egg size, and meat weight. These advantages are fueling rapid growth in demand for alternative feeds, a trend expected to persist well into 2034.

Key Takeaways from the Market Study:

The global fermented feed market is set to total US$ 19.9 billion in 2024.
Global demand for fermented feeds is forecast to soar at 7.8% CAGR through 2034.
Based on product type, the dry-fermented feed segment is set to account for a value share of 58.3% in 2024.
By livestock, the swine segment will hold a market share of around 41.2% in 2024.
North America is projected to hold a revenue share of 24.7% over the forecast period.
Europe will account for 29.8% of the total fermented feed revenue share over the forecast period.
Sales in China are predicted to surge at 7.6% CAGR from 2024 to 2034.
India will register a CAGR of 8.8% through 2034.

“Players operating in the fermented feed market must focus on the development of species-specific fermented feed benefiting animals at all life stages and reducing the risk of diseases. Manufacturers may benefit from introducing cost-effective products in emerging economies, which are primarily agrarian,” says Nandini Roy Choudhury, Client Partner at Future Market Insights.

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Who is Winning?

The fermented feed market has a diverse and dynamic competitive landscape. Lallemand Animal Nutrition, DSM (Biomin), Alltech, Cargill, Chr. Hansen. Archer Daniels Midland Company (ADM) and Lesaffre (Phileo) are key players listed in the report.

These companies are continuously looking to upgrade their portfolios by launching enhanced formulations. They also implement strategies like advertisements, acquisitions, partnerships, agreements, collaborations, and mergers to gain a competitive edge in the market.

Recent Developments in Fermented Fodder/Feed Market

In 2024, Wageningen University & Research and Schothorst Feed Research started a collaboration to enhance the utilization of fermented fodder/feed in poultry and swine feed formulation. In these initiatives, they are exploring fermentation technology with the upcycling of raw materials into digestible ingredients.
In 2022, China-based New Hope Feed Co., Ltd launched a new fermented fodder/feed production line with an annual capacity of 20,000 tons. The company already has a production plant in China with an annual capacity of 300,000 tons.

Key Companies Profiled

Lallemand Animal Nutrition
DSM (Biomin)
Alltech
Cargill
Chr. Hansen
Archer Daniels Midland Company (ADM)
Novus International
Provimi
AB Vista
Lesaffre (Phileo)

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Market Segmentation of Fermented Feed Products

By Product Type:

Wet Feed
Dry Feed

By Livestock:

Poultry
Swine
Cattle
Aquaculture
Pets (Dogs, Cats)

By Fermentation Process:

Batch Fermentation
Continuous Fermentation
Aerobic Fermentation
Anaerobic Fermentation

By Region:

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

About Future Market Insights (FMI)

Over The Top (OTT) Services Market is Poised to Grow at a Healthy CAGR of 12.6% by 2032 | Future Market Insights, Inc.

The over the top (OTT) services market is estimated to garner USD 7 Trillion while exhibiting a 12.6% CAGR during the forecast period. Mainly due to the availability of smart technologies amongst the masses, the global over the top (OTT) services market has grown by leaps and bounds in recent years.

Increasing digital subscriber base, demand for digital content, an increase in demand for live streaming channels, and digital advertising are driving the growth of over the top (OTT) services market. Most pay-TV providers are introducing stand-alone OTT-based subscription services.

Dish’s Sling TV and AT&T’s DirecTV Now are successful examples of US-based affordable and stand-alone services. OTT services are reaching exponential levels of growth. With increasing e-services, the over the top (OTT) services industry is expected to secure USD 2.1 Trillion in 2022.

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Rising demand for high-speed connectivity with good service delivery will have a positive impact on the overall market growth. Increasing use of cloud-based technology such as artificial intelligence and big data in many applications impelled the growth of the market. The e-services segment is likely to offer remunerative opportunities for the global over the top (OTT) services market.

Key Takeaways from the Over the Top (OTT) Services Market Report:

By application, the e-services segment is expected to record a 14.2% CAGR by 2032
By business model, the premium & subscription segment is to expand at a 13.1% growth rate during the forecast period
The U.S market to garner USD 2.5 Trillion and record a 12.7% CAGR from 2022-2032
Market in China to procure USD 322.7 Billion, expanding at a 13.6% growth rate during the assessment period
Global over the top services market to flourish over 3x from 2022 to 2032

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Competitive Landscape:

Key players in the global over the top (OTT) services market include Twitter Inc., LinkedIn Corp., Netflix Inc., Amazon Inc., and Apple, Inc. among others. Market players are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. Recent developments among players include:

In April 2021 – Apple Inc. announced its partnership with SK Telecom Co. a top wireless carrier in South Korea for online video streaming through AppleTv+
In February 2020 – The Walt Disney Company collaborated with India’s Hotstar service to launch streaming services. The company with the Disney + Hotstar partnership aims to increase its competition with Amazon Prime and Netflix.
In March 2021, Netflix Inc. began testing a new plan in India for INR 299 per month, which will be called mobile+. This plan will allow members to stream the content in 720p HD quality on smartphones and computers. The mobile+ plan will not be accessible on TVs or support multiple screens simultaneously.

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Over the Top (OTT) Services Market Segmentation:

By Application:

Communication
E-services
Media Content
- Audio/Video
- Gaming
- Web content
Cloud services

By Business Model:

Premium & Subscription
Adware
E-commerce

By End-Use:

Personal
Commercial
- Healthcare
- Media and entertainment
- E-commerce
- IT
- Education
- Others (Including Manufacturing, Energy, and Transportation)

By Region:

North America
Europe
Asia Pacific
Middle East Africa
Latin America

About Future Market Insights (FMI)

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