Market Research Blog

The Europe winter tourism market is estimated to reach US$ 180 Billion in 2022. As per the report, sales are forecast to increase at a robust 6% CAGR, with the market valuation reaching US$ 322.35 Billion by 2032. The contribution of European winter tourism is 1 to 2% to GDP of European Countries.

The world’s markets are flourishing thanks to street vendors. While the vast shopping centres are stocked with pricey goods, these street vendors frequently supply the market with inexpensive goods, helping many people to live.

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The creation of self-help organisations that give these street vendors financial support is building a foundation for the expansion of the street vendor ecosystem. Since they contribute to the economy by spreading out the burden and creating jobs for the migrant population, many governments around the world have come to embrace their presence in the market. The expansion of street sellers is being aided by this emerging trend.

Key Takeaways:

• In terms of area, rural areas segment are predicted to account for a dominant share of Travelers in the market through 2032.
• On the basis of commodities, food products is anticipated to hold a major share in the market.

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Key Players

• Topdeck
• The Natural Adventure Company
• G Adventures
• Intrepid
• GJ Travel
• Shamrocker Adventures
• Exodus Travel
• On Go tours
• Tauck
• Expat Explore Travel
• Thomas Cook Travels
• Trafalgar
• Wingbuddy
• Euroventures

Impact of COVID-19 on the Market

Everyone in the world faced extraordinary economic hardships as a result of the global Covid-19 outbreak. In terms of livelihood and survival, the epidemic has disproportionately affected the world’s poor population. The livelihood of the street vendors, who were among the worst affected, was destroyed, causing them to suffer in the most unexpected manner. Promotion of livelihood for all vendors, even those who sell non-essential items. The effects of COVID-19 have been particularly difficult on informal labourers, who have spent all of their savings and income attempting to survive during the prolonged lockdown. Now that the pandemic regulations have been uplifted, the vendors are getting back on the streets and the market is undergoing a speedy recovery.

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Future Market Insights, in its new offering, provides an unbiased analysis of Street Vendors  Market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on Street Vendors Market by Vendor type (Stationary, Peripatetic, Mobile) Area (Urban, Suburban, Rural) Commodity (Food products, Cosmetics, Clothing, Daily Necessities, Others) & Region – Forecast to 2017 – 2032.

European Winter Tourism Market By Category

By Tourism Type:

• Skiing
• Hiking
• Mountain Climbing
• Trails Travel
• Religious Travel
• Christmas Travel

By Country:

• United Kingdom
• Switzerland
• Austria
• Norway
• Spain
• Netherlands
• Sweden
• Greece
• Others

By Booking Channel:

• Phone Booking
• Online Booking
• In Person Booking

By Tourist Type:

• Domestic
• International

By Age Group:

• 15-25 Years
• 26-35 Years
• 36-45 Years
• 46-55 Years
• 66-75 Years

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
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The Phosphatidylserine market has been growing steadily over the years, primarily driven by the increasing awareness of its potential health benefits. It is known to support cognitive function, enhance memory and learning, reduce stress, and promote overall brain health. These properties have made Phosphatidylserine a popular supplement among students, athletes, and individuals seeking to improve their mental performance.

As per the latest market research conducted by FMI, the global phosphatidylserine market is expected to record a CAGR of 5.3% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 178.19 million. By 2033, the valuation is anticipated to reach US$ 298.1 million.

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A phospholipid that occurs naturally and is composed of fatty acids and amino acids is called phosphatidylserine. Other names for it include PS, PCS, and PtdSer. Cell membranes include phosphatidylserines, which can regulate how chemicals pass through cells. One class of phospholipids, which make up the majority of cell membranes, is phosphatidylserine. Phosphatidylserine is crucial for signal transmission between the brain and other types of cells in our body, including other cells.

The demand from millennial consumers and developing economies is predicted to increase and record a significant CAGR over the forecast period. Key growth factors for the phosphatidylserine market include technological advancements that enable effective operational maintenance, efficient production, expanded product line, high-quality design & packaging, and sales monitoring.

Development in the Market:

• NZMP milk phospholipid 70 was introduced in 2021 by the New Zealand-based Corporation Fonterra Co-Operative Group Ltd under the trade name NZMP. This phospholipid ingredient is suitable for many food and beverage products, such as nutritional bars, ready-to-mix health powders, and supplement sachets. It is specially formulated for the behavioral therapy and mental function under stress issues that have been magnified during the pandemic period.

Key Takeaways:

• The phosphatidylserine market is anticipated to reach a valuation of US$ 178.19 million in 2023.
• The low adoption rate of dietary supplements and functional foods in many emerging economies may restrain the market to some extent.
• The phosphatidylserine market recorded a CAGR of 9% from 2018 to 2022.
• The market in China is expected to record a CAGR of 6.7% over the forecast period.
• The phosphatidylserine market is expected to surpass US$ 298.1 million by 2033.
• Phosphatidylserine is in high demand because of its benefits for cognitive function. Its application in the food and pharmaceutical industries is expected to increase phosphatidylserine’s market share, thus this primary factor is expected to drive the
• The phosphatidylserine market is predicted to record a CAGR of 3% through 2033
• The market in the United Kingdom is expected to record a CAGR of 5.8% over the forecast period.
• The phosphatidylserine market reached a valuation of US$ 169.48 million in 2022
• The market in the United States is expected to record a CAGR of 5.6% over the forecast period.

Competitive Background:

The key players operating in the phosphatidylserine market are investing in mergers and acquisitions in order to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the phosphatidylserine market. As a result, market participants are likely to have a better overall revenue share in the global phosphatidylserine market.

Significant Key Players in the Phosphatidylserine Market Include:

• Lonza AG
• Enzymotec Ltd
• Lipogen Products Ltd.
• Doosan Corporation
• Novastell
• Nagase ChemteX Corporation
• Bontac Bio-engineering (Shenzhen) Co. Ltd.
• ECA Healthcare, Inc.
• Lipoid GmbH
• Chemi Nutra LLC
• Others

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Global Phosphatidylserine Market: Segmentation

By Form:

• Powder
• Liquid

By End Use:

• Functional Foods
• Dietary Supplements & Nutraceuticals
• Cosmetics & Personal Care

By Grade:

• Food Grade
• Pharmaceutical Grade

By Nature:

• Organic
• Conventional

By Source:

• Plant Source
  • Soybean
  • Sunflower
  • Others (Cabbage etc.)
• Animal-derived

By Region:

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

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani

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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The non-dairy creamer market refers to the segment of the food industry that produces and sells non-dairy alternatives to traditional dairy creamers. Non-dairy creamers are commonly used as substitutes for milk or cream in beverages such as coffee and tea, and they are also used in various food applications like desserts, soups, and sauces.

The demand for non-dairy creamers has been growing steadily in recent years due to several factors. One of the key drivers is the increasing number of individuals who are lactose intolerant or have milk allergies. Non-dairy creamers offer a suitable alternative for these individuals, allowing them to enjoy creamy and flavorful beverages without the discomfort or health risks associated with dairy products.

The non-dairy creamer market is expected to increase from US$ 1,721 million in 2023 to US$ 3,414.8 million in 2033.

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An increase in health consciousness, disposable money, and awareness of chemical-free products all have a beneficial impact on market growth.

Non-dairy creams made from hydrogenated vegetable oils are mostly composed of creamy non-dairy fats. For creamy non-dairy applications, manufacturers in the creamy non-dairy fat business employ premium fat substitutes manufactured from hydrogenated vegetable oils. The availability of a wide range of greases with varying melting points allows for a variety of fat substitutes depending on the application.

The food sector is the primary user of hydrogenated vegetable oil, followed by the cosmetics and personal care industry and the pharmaceutical business. With the growing vegan population and the prevalence of lactose tolerance worldwide, the non-dairy creamer market is expanding globally. Because about 70% of the world’s population is lactose intolerant, demand for fatty components of plant origin is likely to rise during the projection period.

Lactose is the primary element in conventional dairy creamer, which is used in the creation of beverages. The non-dairy creamer market counterpart is lactose-free and regarded as a substitute for dairy products such as milk or fresh cream. Non-dairy creamers can be used as a staple component of the diet for those who are lactose intolerant or for vegetarians who choose plant-based goods over animal-derived ones. Vegetable oil is the primary ingredient in non-dairy creamers. They have a similar flavor and feel to dairy products.

Key Points from the Non-dairy Creamer Market

·         The market is expected to surpass US$ 3,414.8 million by 2033.

·         The primary industry factors, such as expanding demand for allergen-free and plant-based additives, younger millennial customers, and increasing veganism, are likely to boost market expansion.

·         Non-dairy creamer market is expected to record a CAGR of 7% during the forecast period 2023 to 2033.

·         East Asia dominated the non-dairy creamer market.

Key Development in the Non-dairy Creamer Market

• Highlander Partners, LP, a private equity investment firm focused on mid-market firms, said today that a PCI-based subsidiary of Highlander Partners has purchased ACH Food Companies, Inc. (ACH), a subsidiary of Associated British Foods, Plc. Non-dairy emulsified powders are found in foods like butter, cloth, and cream.
• March 2022 – Coffee Mate releases a new Drumstick Ice Cream Coffee Creamer. The new creamer tastes like ice cream with hints of milk chocolate, peanuts, and waffle cone.
• August 2022 – Dunkin’ Donuts debuted their latest coffee creamer product, Pumpkin Munchkin creamer. The new flavor is pumpkin-forward, with undertones of sweet doughnut glaze and natural spices. The items are sold in 32oz bottles at supermarkets and local convenience stores around the United States.
• January 2021 – Coffee Mate, a Nestle SA, debuted three creamer M&Ms milk chocolate, oatmeal crème pie-combination of flavors, cinnamon, brown sugar, and oatmeal cookie creamers.

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Key Segment

Form:

• Powder
• Liquid

Nature:

• Organic
• Conventional

Flavor:

• Original/Unflavoured
• French Vanilla
• Chocolate
• Coconut
• Hazelnut
• Other Flavors

Type:

• Original
• Light
• Fat-free

Base:

• Plant-based Milk
  • Almond
  • Coconut
  • Others (Soy, Hemp, Cashew)
• Vegetable Oil

End Use:

• HoReCa/Foodservice
• Food and Beverage Processing
  • Food Premixes
  • Soups and Sauces
  • Beverages Mixes
    • Coffee Mixes
    • Tea Mixes
  • Bakery Products and Ice Creams
  • RTD Beverages
  • Infant Food
  • Prepared and Packaged Food
  • Household/Retail

Packaging:

• Retail
  • Sachets
  • Bags
  • Pouches
  • Canisters
  • Bottles
• Plastic Jars
• Bulk

Distribution Channel:

• Direct
• Indirect
  • Hypermarkets/Supermarkets
  • Modern Grocery Stores
  • Speciality Stores
  • Online Retail

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

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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The powdered soft drinks market refers to the segment of the beverage industry that involves the production and sale of powdered drink mixes, which are typically used to create flavored beverages by adding water. Powdered soft drinks offer convenience and versatility, as they are easy to store, transport, and prepare, making them popular among consumers.

The powdered soft drinks market is estimated to be US$ 12.3 billion in 2023. The market is expected to expand at a CAGR of 3.4% to surpass a valuation of US$ 17.3 billion by 2033.

The global powdered soft drinks industry is experiencing significant growth due to various factors. One of the key drivers is the increasing demand for convenient, portable, and affordable beverage options. With busy lifestyles becoming increasingly common, consumers are looking for quick and easy options to consume on the move, and powdered drink mixes fit the bill perfectly. These products are lightweight, easy to prepare, and conveniently carried in a backpack or gym bag.

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Players in the market are focusing on marketing and advertising campaigns to increase their brand awareness and improve their sales. In addition, they use social media and digital platforms to reach out to their target audience and create a buzz around their products.

The powdered soft drinks market also grows in unique and exotic flavors. Consumers are looking for new and exciting taste experiences, and powdered cola and plum drink mixes offer refreshing and distinctive flavor options. This trend towards unique and exotic flavors is expected to continue driving growth in the powdered soft drinks industry.

Consumer demand for on-the-go products is a key factor driving the growth of the powdered soft drinks market. With busy schedules reducing the time spent on preparing healthy, tasty, and flavourful beverages, packaged items such as powdered soft drinks have become a preferred option amongst consumers of almost all age groups. In addition, consumer-friendly packaging such as sachets is even more convenient in the powdered soft drinks category.

Key Takeaways from the Powdered Soft Drinks Market:

• The orange flavor is expected to be the most popular in the global powdered soft drinks industry, with a CAGR of 4.2% from 2023 to 2033.
• Pouches and sachets packaging are gaining traction in the global powdered soft drink market, with a 3.3% CAGR from 2023 to 2033.
• With a CAGR of 5.5% from 2023 to 2033, online stores are expected to be the leading sales channel in the global powdered soft drinks industry.
• During the projection period, the powdered soft drinks industry in the United States is estimated to reach a market size of US$ 3.1 billion at a CAGR of 2.5%.
• With a CAGR of 3.9% throughout the forecast period, China’s powdered soft drink market is predicted to reach a value of US$ 2.0 billion.
• With a CAGR of 4.4% throughout the forecast period, Brazil’s powdered soft drink market is predicted to grow to a value of US$ 1.3 billion.
• India’s powdered soft drinks industry is anticipated to grow at a CAGR of 5.4% to US$ 1.3 billion by the end of the research period.
• With a CAGR of 1.6% over the forecast period, Italy’s powdered soft drink market is anticipated to grow to a value of US$ 650.0 million.

Who is Winning?

The competitive landscape for the Powdered Soft Drinks industry is highly fragmented, with many players operating in the market. Some of the key players in the market are PepsiCo, Inc., Nestle S.A., The Coca-Cola Company, Dr. Pepper Snapple Group, Inc., Mondelez International, Inc., and Kraft Foods Group, Inc. These players are focusing on expanding their product portfolios and improving their distribution networks to gain a competitive advantage in the market.

Many players invest heavily in research and development to introduce new and innovative products. They are also using strategic partnerships, mergers, and acquisitions to strengthen their position in the market. For instance, in 2018, PepsiCo announced the acquisition of SodaStream International Ltd. to expand its product portfolio in the powdered soft drinks market.

Moreover, players focus on sustainable and eco-friendly packaging solutions to appeal to the growing demand for environmentally friendly products. They are also investing in advanced technologies to improve the efficiency and sustainability of their production processes.

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Given Below are the Powdered Soft Drinks Market Segments

By Flavor:

• Cola
• Orange
• Lemon
• Mango
• Apple
• Berry
• Mixed Fruit
• Others

By End Use:

• Institutional
• Foodservice/HoReCa
• Household (Retail)

By Sales Channel:

• Hypermarkets/Supermarkets
• Discount Stores
• Mass Grocery Retailers
• Wholesale Club Stores
• Foodservice
• Others

By Packaging:

• Carton Boxes
• Pouches & Sachets
• Cans
• Bulk Packaging

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

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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The beverage acidulants market refers to the industry that produces and supplies acidulants, which are food additives used to impart a sour taste or acidity to various beverages. Acidulants are primarily used to enhance the flavor, balance sweetness, and provide a refreshing taste in a wide range of beverages, including carbonated soft drinks, fruit juices, energy drinks, sports drinks, and alcoholic beverages.

The beverage acidulants market is estimated to reach a valuation of US$ 2.4 billion in 2023 and is estimated to reach US$ 3.7 billion by 2033. The market is anticipated to record a CAGR of 4.7% during the forecast period.

The growing infrastructure, urbanization, and changing lifestyles are driving market growth. As a result, food & beverage manufacturers increase the demand for beverage acidulants to enhance the taste, flavor, color, and quality of drinks. These producers keep the flavor and color of their original, exotic items while innovating new ones.

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The beverage industry offers sweeteners with few calories and healthy drinks with improved flavors, both of which are expanding the market. The rising adoption of beverage acidulants to improve the quality and shelf life of drinks in the food & beverages sector.

The popularity of acidic citric beverages and preserved drinks among consumers are increasing in the market size. Being a dominant nation, the United States is anticipated to reach a valuation of US$ 523.2 million by 2033. Conversely, China is a significant nation estimated to record a CAGR of 5.5% during the forecast period.

Growing Consumer’s Demand for Healthy Drinks Propel the Market Growth

The food & beverage manufacturers develop healthy and plant-based drinks for their customers by adding unique flavors. The increasing consumers’ demand for soft and organic drinks to maintain their immunity is surging the market expansion. Besides, value-added drinks help to improve the digestive system, prevent diseases, infection and reduce weight.

The growing awareness of healthy lifestyles increases consumers’ adoption of nutritional beverages. The innovation of acidul citric beverages widely used in cold drinks is uplifting the global market. Besides, the growing popularity of ready-to-drink and fumaric acid flavor drinks is creating several market trends.

Key Takeaways:

• The beverage acidulants market is expected to reach a valuation of US$ 3.7 billion by 2033.
• The market is expected to record a CAGR of 4.7% during the forecast period.
• The market in the United States is anticipated to record a CAGR of 4.5% through 2033.
• With an expected CAGR of 2.6%, the United Kingdom beverage acidulants marketis expected to rise during the forecast period.
• The market in Germany is expected to record a CAGR of 3.4% over the forecast period.
• The market in China is expected to record a CAGR of 5.5% by 2033.

Who is Winning?

The quantity of current well-known businesses around the world fragments the market. These players pay close attention to consumer preferences and release new products that meet their requirements. In order to maximize revenues, the key players also enhance output in the beverage business using cutting-edge technologies. These crucial players help the industry grow through marketing strategies like joint ventures, partnerships, acquisitions, mergers, and product launches.

Other Players in the Global Market are:

• Tate and Lyle
• Northeast Pharmaceutical Group Co., Ltd.
• Batory Nutra
• Archer Daniels Midland
• Corbion N.V.
• DairyChem
• Hexagon Overseas
• Parry Enterprises India Ltd.
• FBC Industries, Inc.
• Weifang Ensign Industry Co., Ltd.
• Isegen South Africa (Pty), Ltd.
• Jones Hamilton Co.
• Balchem Ingredient Solution
• Cargill Incorporated
• Others

Recent Developments in the Beverage Acidulants Market are:

Tate & Lyle was acquired by KPS Capital Partners in 2021 for a value of US$ 1.7 billion. Behind this acquisition, KPS Capital Partners implemented a plan to fully manage Tate & Lyle’s operations in the Latin American and North American regions.

In 2021, Tate & Lyle PLC announced its new acidulants plant to reduce greenhouse gases and increase efficiency in Brazil.

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The Beverage Acidulants Market by Category

By Product Type:

• Acetic Acid
• Citric Acid
• Fumaric Acid
• Lactic Acid
• Malic Acid
• Phosphoric Acid
• Tartaric Acid
• Other Products

By Foam:

• Granule
• Liquid
• Power

By Nature:

• Organic
• Synthetic

By Application:

• Alcoholic Beverages
• Dairy-based Beverages
• Energy Drinks
• Fruit Juices and Concentrates
• Soft Drinks

By Region:

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

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

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