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The global allergen free food market size is anticipated to reach US$ 75.67 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market is expected to depict a strong positive growth trajectory at 8.6% CAGR between 2020 and 2030.

As per FMI report, the global allergen free food market is estimated to surpass the valuation of US$ 46.4 Bn by the end of 2020. The industry is well positioned to register at least 4% higher growth rate than the overall food & beverage sector.

The combined attribute of behemoth size and rapid growth has captivated leading companies in global food & beverages sector as well as new entrants. This has created perplexed consumer preferences, and brands experience challenge in creating a differentiator in the global allergen free food market.

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It includes in-depth insights into the allergen free food market. Some of these are:

• The estimated value of the market was at US$ 31,967.7 Mn in 2020. Through the course of the report’s forecast period, the market is projected to show an exceptional pace of growth.
• North America accounts for a dominant share in the allergen free food market. Europe also holds a sizable market share. East Asia is bound to offer business opportunities to emerging market players.
• Key players are likely to focus on product innovations and manufacturing technologies to widen their reach in emerging markets.
• Digital advertising and adoption of online sales channel to attract the millennial and Gen Z consumers are some of the key strategies of market players.

“The demand for allergen free food is expected to rise amidst the COVID-19 outbreak as consumers are striving to maintain a strong immunity to tackle the disease. Furthermore, revival of world economy would also result in increase of per capita income, which in turn will give impetus to market,” said a lead analyst at FMI.

Growing Health and Wellness Trend and Rise in Food Fortification will Drive Growth

Consumers have become quite health conscious and majority of them spend a significant portion of their disposable income on fitness and well-being. They have also become increasingly aware that along with exercise, a proper diet is necessary to achieve physical fitness.

Food fortification is enrichment of everyday foods with essential proteins, vitamins, and minerals. Consumer preference for such foods is a result of various factors such as rising incidence of lifestyle-related diseases and weight management.

High protein foods aid in maintaining consumer health. Gluten-free bakery products and snacks comprising protein and vitamin ingredients are gaining popularity among consumers. Thus, the trend food fortification is rising, which will in turn support the expansion of the allergen free food market.

The demand for organic food products is rising at a higher pace than supply, creating a gap between the demand and supply of organic food. Consumers are looking for produced without the use of any kind of fertilizers, pesticides, and chemical processing. Such farming and manufacturing practices are linked to deterioration of human health and environment.

The organic vegetables and fruits market happens to be the fastest growing one in the global food market. This is indicative of rising prospects for the sales of preservative-free, GMO-free and other allergen free food products.

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Who is Winning?

Some of the key players operating in the allergen free food market are Abbott Laboratories, Nestle SA, Danone SA, General Mills, Kellogg Co., Kraft Heinz Company, Mead Johnson Nutrition Company, and Boulder Brands,  Inc.

Due to the increasing competition, manufacturers are focusing on product portfolio expansion and improving product traceability. Besides this, some of the leading companies are focusing on entering into collaborations with regional/local manufacturers in the growing markets.

Get Valuable Insights into Allergen Free Food Market

Future Market Insights, in its new report, presents an unbiased analysis of the global allergen free food Market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of type, the market can be segmented into salad dressing, & mayonnaise. Based on applications, the market can be classified into food service, home-usage, and industrial. Regionally, the market can be segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.

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Allergen Free Food Market Outlook & Key Findings

• FMI forecasts the market for allergen free food  to grow at an impressive 8.6% CAGR between 2020 and 2030
• Weaker brick & mortar retail inventory in first half of 2020, pushed consumers to online stores, which witnessed over 60% amplified demand for allergy-friendly food products
• Ad Spend in the first half of 2020 on three leading social media platforms increased by an average of 32% by top 50 brand, comparing against the first half of 2019
• Consumers evaluated brand familiarity, labelling and price of at least three brands before making the final purchase decision, revealed in Buyer’s Journey section of the FMI report
• Surprisingly, peanut free products were among top three sought after allergen free food product categories, apart from gluten free, dairy free
• Finding niches and frequent product launch are strategic priority of new entrants in the market, whereas established brands leverages on existing portfolio

About FMI

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

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The vegan and flexitarian population is increasing rapidly across the globe. Plant-based yogurts are being perceived as more sustainable and better for the environment as compared to dairy-based yogurts. Plant-based yogurt products are either made from the nut-based milk or cereals, legumes, or seeds based milk.

Nutritional value remains a key factor encouraging the purchase of plant-based yogurts; hence, customers tend to be more on the lookout for ingredients they don’t want in their food. This includes excess sugar or chemical-sounding ingredients. Manufacturers of plant-based yogurt are conducting various researches for the innovation in flavours, taste, and texture. They are making yogurt from several new bases, such as hemp or oat to exclusive flavours like mango and blueberry.

These yogurts are gaining traction in the plant-based food industry, leading to the market’s well-positioned growth.

In 2019, Springfield Creamery, Inc. based in Europe launched oatmilk plant-based yogurt, which is gluten-free and delivers billions of probiotics per serving, the product contains 30-50% less sugar than competitors brands. In 2016, Anita’s Yogurt based in U.S. launched plant-based coconut milk yogurt with three flavours such as mango, blueberry and plain. All the products are free of added sugar, preservatives or additives.

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The FMI study delves deeper into the prevailing dynamics to offer interesting insights into the plant-based yogurt market. Some of these are:

Plant-based yogurt is available in many flavours such as vanilla, blueberry, raspberry, strawberry, and peach among others. The strawberry flavor is expected to grow at a highest CAGR of 14.7% over the forecast period. Europe and North America are expected to remain the dominant markets for plant-based yogurts. Acquisitions and partnerships by big giants will give significant impetus to the plant-based yogurt market across these regions. Consumers are seeing organic plant-based yogurts as a nutritious and healthy option to conventional yogurts. Organic plant-based yogurts are expected to witness high CAGR of 13.1% over the forecast period.

Consumers are becoming more aware of healthier ways of living. As a result they prefer eating healthy and spending more on functional food than to spending on medical treatments. Increasing focus on health and wellness among consumers due to COVID-19 outbreak is expected to provide pace to plant-based yogurt market over the forecast period.

“Plant-based diet is trending and manufacturers are capitalizing on this opportunity by offering delicious plant-based yogurts in the market. The plant-based yogurt is becoming a promising alternative to conventional yogurts and are likely to witness significantly high demand in the coming years. Manufacturers are focussing on product quality, product innovations, and consistent product availability. They are also partnering with various retailers to make their products available across the world.” said a lead analyst at FMI

Increasing Demand for Plant-based Products Boosts Growth Prospects 

Plant-based yogurts are manufactured from sources such as legumes, seeds, nuts and grains, especially from soy, coconut, almond, and oats, which are all plant-based. Since the demand for plant-based ingredients and products is skyrocketing in the food and beverage industry, the non-dairy yogurt market is expected to witness significant growth.

Besides this, the increasing incidences of health issues associated with dairy products, increasing vegan and flexitarian population, and growing concern about animal welfare is leading to increasing market prospects for plant-based yogurts.

According to the Plant-based Food Association, in 2019 plant-based yogurts generated maximum sales in U.S. than other plant-based products such as milk, cheese, and butter among others. According to a Forbes report, animal milk and dairy products sales are declining rapidly with almost 11% drop as predicted in sales between 2015 and 2020.

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Market Segmentation

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

Nature

Conventional Organic

Product Type

Cereal Type Oat Rice Corn Spelt Legume Soy Pea Peanut Lupin Chick Pea Nut Almond Coconut Hazelnut Pistachio Walnut Cashew Pili Nut Seed Sesame Flax Hemp Sunflower Pseudo Cereal Quinoa Teff Amarnath Cassava

Flavour

Regular Vanilla Strawberry Blueberry Cherry Peach Raspberry Coconut Coffee Others

Price Range

Economic Mid-Range Premium

Sales Channel

Food Service Retail Modern Trade Convenience Stores Specialty Stores Discounters Independent Small Groceries E-commerce Others

Global

North America Latin America Europe East Asia South Asia Oceania MEA

Who is winning?

The plant-based yogurt market is consolidated with ~70%of its share belonging to tier 1 players. Although several new manufacturers have entered in the market, largest share of the market remains with top manufacturers, mostly belonging from the Europe and U.S. Manufacturers are engaging in increasing their product portfolio by expanding their operations to other regions by strengthening their distribution channels.

Furthermore, multinational companies are focusing on expansion of their manufacturing facilities, partnerships, and acquiring local players that would complement their product offerings.

In 2018, The Oatly AB opened its first production plant in U.S. to offer dairy-free products made from oats such as Oatgurt Natural, Oatgurt Vanilla, and Oatgurt Blueberry Raspberry among others to increase its revenue. In 2019, Valsoia S.p.A made a partnership with Nordic food to distribute its plant-based products in Europe. Nordic Foods will distribute 34 products in Romania through hypermarket and supermarket chains. In 2017, Danone S.A. acquired WhiteWave Foods to expand its plant-based product portfolio and strengthen its position in the U.S. plant-based product market.

Get Valuable Insights into Plant-based Yogurt Market

Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based yogurt market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on nature the market can be segmented into conventional and organic.

In terms of flavour, the market can be segmented into regular, vanilla, strawberry, blueberry, cherry, peach, raspberry, coconut, coffee, and others. Based on product type the market can be segmented into cereal type, legume, nut, seed, and pseudo cereal. Based on price range the market can be segmented into economic, mid-range, and premium. Based on sales channel the market can be segmented into food service and retail. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

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Plant-based Yogurt Market Outlook & Key Findings

Future Market Insights (FMI) forecasts a positive outlook for global plant-based yogurt market and projects a CAGR of 10% between 2020 and 2030 Plant-based snacks will secure hot-selling tag as consumers tilt in favor of healthy and vegan diet Over 50% of plant-based yogurt produced last year was derived from nut, finds FMI Despite availability in various flavors, regular plant-based yogurt will remain consumer favorites, accounting for nearly one-fourth of the market Other factors cited by FMI includes rising prevalence of lactose intolerance and a strong desire to align one’s food choices with environmental sustainability

About FMI

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

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The global cannabidiol CBD oil market is anticipated to grow at an impressive compound annual growth rate (CAGR) of 31.50% annually over the projection period from 2021 to 2031. The global market was predicted to reach a valuation of US$ 284.2 million by the end of 2021 and is expected to bolster over the assessment period. The hemp and marijuana oil segment are predicted to exhibit prolific year-on-year growth of 35.90% in 2021, attributed to the surging sales of CBD-infused food and beverages paired with high demand for sleep and pain medication. The rising use of CBD oil in the sports industry is forecast to drive market sales through 2031.

Surging demand for CBD oil particularly in the production of medicines backed by its pain reduction properties is expected to facilitate growth within the CBD oil market over the past few years. From 2016 to 2020, the market exhibited exponential growth at 69.2% CAGR. CBD oil is anticipated to regulate the endocannabinoid system (ECS) activity and interacts with neurotransmitters.

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This property makes it an ideal ingredient for anxiety and anti-depression drugs. According to FMI, the global CBD oil market is backed by favorable policies, the global CBD oils market will expand at 31.5% CAGR and surpass sales revenue of US$ 284.2 million in 2021.

In the year 2018, The World Anti-Doping Agency (WADA) removed cannabidiol (CBD) oil from its list of prohibited substances, however, all synthetic cannabinoids that mimic the effects of THC are prohibited. CBD oil entrepreneurs are concentrating on developing cannabidiol-based lotions, skincare, textile, and pet care products. Surging sales of a huge range of CBD-fortified products along with new product launches and expansion of the product pipeline will provide lucrative opportunities for market growth, especially in emerging economies.

Key Takeaways

• Recent research has shown that marijuana-derived CBD oil and hemp-derived CBD oil plants possess stress and anxiety-reducing properties. CBD oil when consumed in the form of a supplement offers therapeutic benefits for various neurological conditions and disorders such as depression, nerve-related pain sleep disorders, and inflammatory pain. This has fueled the adoption of CBD oil in the painkiller and anxiety treatment drug manufacturing industry.
• Various pharmaceutical companies are searching to integrate CBD oil into pain-relief medication and introduce various new products in the global market. Furthermore, softening cannabis law and rising awareness concerning the benefits of CBD oil have paved for legitimizing medicinal claims of CBD oil. Various celebrities are utilizing CBD oil and related products for treating their sleep disorders. Increasing endorsement by celebrity evangelists will propel the sales of CBD oil products in upcoming years.

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• The legitimization of the use of CBD oil along with related products is anticipated to increase demand for CBD food and beverages in North America and Europe encouraging market players to introduce new and flavored products. According to the 2018 Agriculture Improvement Act U.S., companies are permitted to grow and sell hemp and hemp-based products that are sourced from Cannabis Sativa L and all of its derivatives. This law along with the removal of CBD from the Controlled Substances Act (CSA) will make a positive impact on the CBD oil market.
• There are various changes made in the federal law which have resulted in empowering manufacturers to experiment with various strains of hemp and marijuana in order to expand their product portfolio, subsequently boosting the demand for CBD oil and ingredient-based products in upcoming years.
• Rising traction of CBD products especially among the millennial population is expected to create incremental prospects for sales uptick of CBD oil across the globe. Increasing research towards developing modified CBD oil extracts will propel the market the growth. In addition to that regions like Europe and North America collectively account for more than 70% of the CBD oil market share, due to a strong network of online sales channels, a high degree of awareness regarding the various benefits of cannabidiol, and the introduction of retail products like CBD oil, CBD gummies, and CBD beverages in these regions.

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Competitive Landscape

Since the CBD oil market is still in a nascent stage, key market players are focusing on gaining maximum share by expanding their product portfolio with the help of new product launches. Furthermore, strategic partnership and collaboration are in the cards to enter potential markets of Asia and Africa.

More Insights into the CBD Oil Market

The U.S. is anticipated to dominate the global CBD oil market over the projection period. The growth of the North American region is attributed to the presence of favorable laws regarding the use of CBD products and the increasingly health-conscious population in the country.

Key Segments Covered in CBD oil Market Study

Product Type:

• Hemp Oil
• Marijuana Oil

Application:

• Pharmaceuticals
• Food & Beverages
  • Gummies
  • Chewing Gums
  • Chocolate bars
  • Candies
  • Beverages
  • Dairy Products
  •  Bakery Products
  • Snacks
• Cosmetics
• Others

Distribution Channel:

• Direct/B2B
• Indirect/B2C
• Hospital Pharmacy
• Retail Pharmacy
• Hypermarkets/Supermarkets
• Convenience Store
• Online Retail
• Others

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Table of Content

1. Global CBD Oil Market – Executive Summary

    1.1. Global CBD Oil Market Analysis

    1.2. Application – Product Mapping

    1.3. Competition Blueprint

    1.4. Technology Time Line Mapping

    1.5. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Introduction

    2.2. Market Definition

    2.3. Market Taxonomy

3. Market Background

    3.1. Global CBD Oil Market Overview

    3.2. Nutritional Composition of CBD Oil

    3.3. List of Functional Ingredients Used in CBD Oil

    3.4. Macro-economic Factors

    3.5. Drivers

About FMI

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

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The global Coffee Grounds market is set to witness growth at a CAGR of 5.1% and is anticipated to reach a valuation of around USD 23.3 Bn by 2032.

Coffee grounds are a source of nitrogen that can aid in the improvement of soil structure. To boost the fertility of the soil, they can be dispersed or mixed in. Adding coffee to the compost or worm bin is a common practise. This method aids in the creation of nitrogen-rich soil that is more fruitful for farming.

The benefits of coffee grounds for pest control and fertilisation, as well as producers’ adoption of competitive pricing strategies, are propelling the coffee grounds industry ahead. Aside from that, the development of enticing packages and appropriate investment in coffee grounds advertising also help to grow the business.

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Coffee, on the other hand, if consume regularly, can boost cholesterol levels and cause hearing difficulties. As a result, the market for coffee grinds will be limited. Rising demand in the cosmetics industry is expected to drive up demand for coffee grounds in the near future.

The application of coffee beans in pharmaceutical industry is boosting the global coffee bean market. Coffee bean intake has expanded as a result of the health advantages linked with it in the form of dietary supplements. Because green coffee beans are not roasted, they have a higher level of chlorogenic acid than other roasted and ordinary coffee beans. As a result, the use of green coffee beans in the form of weight-loss supplements has become increasingly popular among customers.

Key Takeaways from Market Study

• The market is segmented based on product type, wherein, Classic Roast Ground Coffee is anticipated to account for around 24.4% of the market share over the forecast period.
• The North American Coffee Grounds market is expected to witness a lucrative growth rate of 6.8% during the forecast period.
• East Asia is inferred to account for 16.9% of the global Coffee Grounds consumption through 2032.

“An increasing number of consumers expecting their products to be sustainable, organic and carbon-neutral the market of coffee grounds is projected to grow in the forecast period.” According to the FMI analyst.

Competitive Landscape

Businesses all over the world are focused on zero waste and circular economy concepts, which has led to the introduction of fresh coffee grounds. To strengthen their position in the coffee grounds industry, several of the biggest corporations are focused on product development and strategic alliances with developing enterprises. Aside from that, new introductions are projected to remain a priority during the forecast period.

Some of the key players operating in the Coffee Grounds market are Starbucks, USS, Death Wish Coffee Company, Foglers Coffee, Royal Kona, Jo Coffee, Hills Bros. Coffee, Peet’s, The Kraft Heinz Company, Kicking Hourse, Red Thread and others

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Explore More Valuable Insights

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

The study offers compelling insights based on the Coffee Grounds market by product type (drip ground coffee, classic roast ground coffee, sumatra ground coffee, others) by application (food and beverage, agriculture, cosmetic and personal care, insecticides and pesticides) & region across seven major regions of the world.

Coffee Grounds Market by Category

By Type, Coffee Grounds Market is Segmented as:

• Drip Ground Coffee
• Classic Roast Ground Coffee
• Sumatra Ground Coffee
• Others

By Application, Coffee Grounds Market is Segmented as:

• Food and Beverage
• Agriculture
• Cosmetic and Personal care
• Insecticides
• Pesticides

By Regional, Coffee Grounds Market is Segmented as:

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

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Frequently Asked Questions

• How Big is the Coffee Grounds Market?
• What is the CAGR of the Coffee Grounds Market for the period 2022- 2032?
• What is the North America Coffee Grounds Market share?
• What Are the Key Trends Shaping the Coffee Grounds Market?
• What are the key players in the Coffee Grounds Market?

About FMI

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

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The global hemp seed oil market size is anticipated to reach US$ 336.1 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will rise at an impressive 18.5% CAGR between 2020 and 2030. According to the report, the rising demand for sustainable products will drive growth in the market. The report offers a holistic market overview intended to help stakeholders get a better look and the prevailing trends and opportunities. Besides examining investment feasibility across key segments, the study also analyses threats to the market.

Hemp seed oil is gaining popularity due to its rich content of omega-3 and omega-6, which offer numerous health benefits. Hemp seed oil helps in reducing inflammation, causing diseases related to the heart and cancer. The rising awareness about hemp seed oil and its various health benefits have resulted in its increased application in cooking oils, sauces and salad oil, baked foods, and nutritional supplements.

Hemp seed oil has started gaining traction recently owing to approvals by regulatory bodies for human consumption. This, coupled with its health benefits of hemp seed oil, has led to the higher demand in the market. CBD oil is more preferred as compared to the hemp seed oil, but economic pricing makes the latter more attractive for use in industrial applications.

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It includes in-depth insights into the hemp seed oil market. Some of these are:
• The estimated value of the market was at US$ 61.6 Mn in 2020.
• Region wise, the East and South Asia emerged as a key markets for hemp seed oil.
• North America and Europe will continue leading the global market for hemp seed oil.
• Food & beverage segment is expected to remain dominant in terms of application.
• Key players are likely to focus on product innovations and expansion through merger to retain their positions in developed markets.

“Increasing use of hemp seed oil as active ingredient in various products is expected to bolster growth of hemp seed oil market. Health-conscious consumers are looking for botanicals and botanical ingredients that offer several health benefits compared to products containing synthetic ingredients. Hemp seed oil is naturally extracted from hemp seeds and is considered suitable for application in various food products, which is aiding the market’s expansion,” said a lead analyst at FMI.

Increasing Demand for Baked and Ready-to-Eat Products due to COVID-19 Outbreak will Support Growth

The demand for salads, soup, and baked foods is increasing as consumers are looking for healthier diet options. This is one of the key factors driving the market for hemp seed oil. Due to the sudden outbreak and unrestrained spread of COVID-19, consumers have become more vigilant about their food consumptions. Even their purchase decisions are influenced by the need of healthiness and wellbeing. Such fluctuating consumer preferences with changing trends are likely to reshape the overall hemp seed oil market.

Hemp seed oil has rich content of nutrients and essential fatty acids. It has vast application in food and beverage industry. For instance hemp seed oil is used in making of sauces, dessert toppings, salad oil. Owing to its numerous benefits for heart and brain health it is popularly used as cooking oil. The growing trend for organic products is further paving way for expansion of hemp seed oil market. Further wide application in cosmetics and personal care products is also bolstering market demand for hemp seed oil.

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Who is winning?

Some of the key players operating in the hemp seed oil market are Hemp oil Canada, Agropro, Maverik Oils, Nutiva Inc., Canopy Growth Corporation , Connolis, NP Nutra, 13 Seeds Hemp Farm, Eco fiber Limitged, Elixinol Global Limited, BOHECO.

Due to the increasing competition, manufacturers are focusing on expanding their product portfolio and filtering their process of extraction. Some of the major players like Canopy Growth, Hemp oil Canada, Ecofiber, Nutiva and others operate globally and manage their marketing activities such as promotion, product design, branding, packaging, pricing, and market research at a global scale. This helps them in developing the distribution network for goods and services in overseas markets, thus allowing these enterprises to earn higher profits.

Furthermore, manufacturers and suppliers of hemp seed oil target their customers based on their age, region, medical condition, spending power, dietary habits, and lifestyle. This is helping manufacturers and suppliers to position their products and is driving the hemp seed oil market. In addition to this, the common strategy adopted by market players includes acquisition and merging and they intend to expand their regional footprint through partnerships.

Market Segmentation

The Global hemp seed oil market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Nature
• Conventional
• Organic
Grade
• Food grade
• Pharmaceutical grade
Extraction process
• Cold pressed hemp seed oil
• Refined hemp seed oil

End use
• Food & beverages
o Sauces and salad dressings
o Dessert toppings
o Baked foods
o Margarine
o Cooking oil
• Nutraceuticals
• Cosmetics & personal care
• Pharmaceuticals
• Industrial products
Region
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa

Get Valuable Insights into Hemp seed oil Market

Future Market Insights, in its new report, presents an unbiased analysis of the global hemp seed oil market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of nature, the market can be segmented into organic and conventional. Based on grade, the market can be classified into food grade and pharmaceutical grade. On the basis of extraction process market is segmented as cold pressed hemp seed oil and refined hemp seed oil. By the end use, market is classified as food & beverages, nutraceuticals, cosmetics & personal care, pharmaceuticals and industrial products. Regionally, the market can be segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.

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Market Outlook& Key Findings
• Hemp seed oil market is anticipated to grow at nearly 19.5% in 2020 owing to rising awareness about its health benefits
• New product launch by key players, especially in the sanitizer segment will aid the expansion of the market. For instance, recently SinglePoint Inc. launched a hand sanitizer Klen, which is infused with hemp seed oil
• Key manufacturers are likely to invest in hemp seed oil as the market presents impressive growth opportunities backed by increasing applications of hemp seed oil
• The inclusion of hemp seed oil in vegan products is further boosting its demand
• Changes in the regulatory framework legalizing the use of hemp seed oil for human consumption is likely to create growth opportunities for market players

About FMI

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

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The global energy drink market is anticipated to reach a value of US$ 68.1 Bn in 2022, with sales growing at a healthy CAGR of 7.0% over the forecast period of 2022-2032. The market is estimated to reach US$ 98.8 Bn by 2032. Increasing popularity of energy drinks coupled with a wide variety of products offered in the market and growing consumer base are factors that will presumably boost the market over the forecast period.

Energy drinks are part of the soft drink or non-alcoholic beverage market which is composed of bottled water, fruit and vegetable juices, carbonated drinks, sports drinks, caffeinated beverages, ready-to-drink tea and coffee, non-carbonated packaged drinks, and many other functional beverages. Though energy drinks ingredients vary from product to product, the main ingredients in these energy drinks are sugar and caffeine. Sugar acts as a source of energy while caffeine is a stimulant that increases alertness and energy.

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The market for energy drinks driven by a large consumer base- comprised of all ages- and growing focus on health and fitness. Natural energy drinks that are extracted and directly sold to consumer are gaining traction among fitness enthusiasts while sports energy drinks are popular among e-sports players and gamers. Energy drinks market is primarily driven by a “demand for more” – consumers are eager to experiment and interested in gaining a multi-sensory drinking experience.

“Growing adoption of energy drinks as a substitute for alcohol in the West and increasing health consciousness all over the world is expected to augment the growth in the market over the forecast period,” says an FMI analyst.  

Key Takeaways:

• Western Europe and the U.S. will continue to dominate the energy drinks market through 2032.
• Asia Pacific will emerge as a lucrative market over the forecast period.
• Rising e-commerce for non-alcoholic beverages is mainly driven by Gen-Z and millennials.
• Supermarkets/ hypermarkets, specialty and convenience stores are eminent sales channels.
• Health and fitness trends spur the market demand through 2032.
• Caffeine, sugar, B vitamins, and amino acids formulate energy drinks.
• Acquisitions and joint ventures to be executed by renowned manufacturers in emerging markets.

Competitive Landscape

Monster Beverage Corp., Kraft Foods Inc., the Gatorade Company, Inc., PepsiCo Inc., Coca-Cola Co., Red Bull GmbH, Nestlé S.A., Carlsberg A/S, NEALKO ORAVAN, spol s.r.o, Kabisa B.V., Suntory Holdings Ltd., Asia Brewery Incorporated, Otsuka Pharmaceutical Co., Dali foods group, LT Group Inc, Shenzhen Eastroc Beverage Co Ltd, and others are some of the key manufacturers of energy drinks that are profiled in the full version of the report.

Key players in the global energy drinks market are employing strategic merger and acquisition tactics to expand their market presence. They are also investing in joint ventures to enter or reinforce their position in emerging markets.

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More Insights into the Energy Drinks Market Report

In its latest report, FMI offers an unbiased analysis of the global energy drinks market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on product type (caffeinated beverage, de-caffeinated beverage), format (shots, powder, ready-to-drink), flavor (unflavored, flavored (citrus, berries, mocha, pomegranate, apple, mint, cola, watermelon, chocolate, blends (mix), others), categories (natural energy drinks, sports drinks, non-alcoholic beverages, functional beverages, non-carbonated packaged drinks), nature (organic, conventional), distribution channel (B2B, B2C (store-based retailing, hypermarkets/ supermarkets, convenience store, mom and pop stores, discount stores, specialty stores, independent small groceries, online retail) and region.

Energy Drinks Market Regional Analysis 

According to the latest reports by FMI, the U.S. and Western Europe will continue to lead the market growth. Rising popularity of energy drinks as a substitute for alcohol is responsible for this market growth. Europe is predicted to dominate the market for much of the forecast period owing to rising health concerns over lifestyle diseases like obesity. Concerns over obesity has led to a shift in consumer preference; resulting in market domination of calorie-free, zero sugar natural energy drinks or non-alcoholic diet drinks in this region

The Asia Pacific is expected to emerge as a lucrative market for energy drinks. Sports, performance and energy drinks are manufactured in this region with the help of herbal ingredients, minerals, vitamins, amino acids or raw fruits and vegetables. The health benefits associated with functional beverages is driving the consumer growth in this region.

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The global energy drinks market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers –

By Product Type:

• Caffeinated Beverage
• De-caffeinated Beverage

By Format:

• Shots
• powder
• Ready-To-Drink (RTD)

By Flavor:

• Unflavored
• Flavored

By Categories:

• Natural Energy Drink
• Sports Drink
• Non-Alcoholic Beverage
• Functional beverages
• Non-carbonated packaged drinks

By Nature:

• Organic
• Conventional

By Distribution Channel:

• B2B
• B2C

Energy Drinks Market Segmentation Analysis 

Based on product type, caffeinated energy drinks are gaining traction among gym enthusiasts. By category, health and fitness trends are spurring the market growth for the natural energy drinks and healthy non-alcoholic beverages segments. Non-carbonated packaged drinks are popular among sports spectators which drives market growth for this particular segment.

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Table of Content

1. Market Overview

1.1. Market Coverage / Taxonomy

1.2. Market Definition / Scope / Limitations

2. The Massive Impact of the Crisis

2.1. Global Energy Drinks Market Forecast Scenario Comparison of Annual Growth Rates for short Term (2022-2026) and Long Term (2027-2032)

2.1.1. Optimistic Scenario

2.1.2. Likely Scenario

2.1.3. Pessimistic Scenario

2.2. Key Factors Impacting the Market

3. Market Dynamics

3.1. Drivers

3.1.1. Supply Side Drivers

3.1.2. Demand Side drivers

3.1.3. Economic Side Drivers

3.2. Restraints

3.3. Opportunity

3.4. Market trends By Region

4. Key Regulations

4.1. Packaging & Labelling Regulations

4.2. Certifications and Certifying Agency Overview

4.3. Import/Export Policies

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About FMI

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

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The Ready-to-Drink Beverages Market is projected to grow at a CAGR of 6.5% during the forecast period. Global ready to drink beverage market has value US$17.4 Bn in 2022 and expected to grow with CAGR ~6.5% in forecast period.

In the global beverages market, innovation in product is ongoing process which has helped it evolve over decades. Story of soft drinks started with simple cola flavoured soda in the 90’s and has evolved to large varieties with different properties such as with infused flavor, additional antioxidants, and various other properties.

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Rising flavor inspiration amongst the customers has also raised the demand for exciting flavors and more pleasant beverages in the market, which has generated various new concepts in the beverage industry, such as ready to drink beverages, functional beverages, infused beverages. Ready to drink beverage is gaining customer’s attention with its high nutritional value and vibrant flavor due to addition of more than one component in the ready to drink beverages.

The number of COVID-19 patients is increasing across the globe because of which the governments of various countries have extended their lockdown. All companies and factories are closed in lockdown which impacts the production of ready to drink beverages.

There is possibility of disturbance in supply chain because of limited production of ready to drink beverages in lockdown. Moderate growth rate is expected in ready to drink beverages market in next two years as world is facing economic crises. The COVID-19 is caused by animals so consumers prefer plant based products over animal based products.

The consumption of vegan ready to drink beverages is expected to grow rapidly in the forecast period.

Key Takeaways from the Ready to Drink Beverages Market Study

• Recent research data suggests that the global prevalence of obesity has increased by more than 75% since 1980, while in the last twenty years it has tripled in developing countries and particularly, in low income countries. More than 1.1 billion adults are overweight, of which 312 million are obese. Thus, market players in food & beverage industry are highly focusing to embed healthy ingredients in their end products to develop insulin resistance, lower body fats and fluid lipid. In addition to this, ready to drink beverages also helps to suppress food intake together with increase in energy expenditure to reduce body fat.
• Millennials are the target audience for the ready to drink beverage market. The health-conscious millennials continue to redefine ready to drink beverage market. Ready to drink beverages give them freshness as well as energy. They are generation of busy lifestyles because of which they look for convenient, simple ways to conform to healthy lifestyle.  The attractive unique packaging design on ready to drink beverages are favourable for beverage brands to market their product to young population. The eye catching slogan or advertisement on social media is influential factor for millennials towards ready to drink beverages.

“The awareness of health and wellness is rising due to which the demand for healthy and nutritious ready to drink beverages is rising. The frequency of launching gluten-free, fat-free, organic and vegan ready to drink beverages is increasing as well. Coupled with these, innovations in both organic and conventional ready to drink beverages will drive the market,” said an analyst at FMI.   

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Attractive Packaging Drawing the Attention of Consumers

Large number of manufacturers are entering into ready to drink beverages market which creates the intense competition. To stand out in the competition manufacturers are focusing on innovative and unique packaging styles to grab the attention of consumers.

Craft beers and sparkling soda brands are following the trend of premium packaging trend. The quality and sustainability are the most important point which impacts the sale of ready to drink beverages market. There is inclination towards cans and glass bottles in ready to drink beverages as it gives premium look.

Yugen which is a Belgian brand collaborated with Ball Corporation to produce new range of Kombucha packaged in printed cans. Attractive and unique packaging drawing attention of consumers.

Who is winning?

A few of the leading players operating in the global ready to drink beverages market are PepsiCo, Fuze Beverage, Coca Cola, Danone, Kraft Foods, Keurig Dr Pepper, Inc., Campbell Soup Company and Abbott and other players.

Several leading manufacturers of ready to drink beverages are focusing on mergers and acquisition to expand its business geographical presence and to product portfolio. Leading players of ready to drink beverages are investing in research and development to produce innovative products of ready to drink beverages.

• In 2017, Danone Group acquired White Wave Foods. The aim behind the acquisition was to strengthen the healthy and nutritious ready to drink beverages market in North America.
• In January 2021, the Keurig Dr Pepper Inc. entered into a merger agreement with Maple Parent, which owns Keurig. The combined businesses created Keurig Dr Pepper Inc. (“KDP”) to expand distribution capability and reach virtually every point-of-sale in North America.

Get Valuable Insights into Ready to Drink Beverages Market

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

The study divulges compelling insights on the ready to drink beverages market based product type (Tea, Coffee, Energy Drinks, Yogurt Drinks, Dairy Based beverages, Non-Dairy Based Beverages, Fortified Water, & Others), nature (organic and conventional), packaging (Bottle, Tetra Pack, Sachet, Tin Can and Others), distribution channel (Supermarkets/Hypermarkets, Convenience Stores, Grocery Stores, Speciality Stores & Online retail) across seven major regions.

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Scope of Report

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About FMI

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

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The global biochar fertilizer market size is expected to reach US$ 7.7 Billion by the end of 2032. Future Market Insights predicts the market to rise at an impressive CAGR of 7.1% between 2022 and 2032. According to the report, North America is expected to account for the leading share in the global biochar fertilizer market and is estimated to be experiencing robust growth over the forecast period. The high growth of the North America biochar fertilizer market is due to rapid population growth, urbanization, and, increasing demand for organic product.

“The rising awareness about organic products increases the demand for biochar fertilizer. Advancements in agricultural technologies such as the advent of pyrolysis which improves soil amendments, water consumption treatment reduction and carbon absorption methods used in biochar fertilizer will propel the growth for biochar fertilizer market

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List of Key Players Covered in Biochar Fertilizer market are:

• BSEI (U.S.)
• 3R Enviro Tech Group (India)
• Carbonis GmbH & Co. KG (Germany)
• Farm2Energy (India)
• Terra Humana Ltd (Poland)
• Tolero Energy LLC (U.S.)
• Oregon Biochar Solutions (U.S.)
• TerraChar (U.S.)
• Green Man Char (Australia)
• CharGrow (U.S.)
• American Biochar Company (U.S.)

In recent years more research and development technologies has been developed in the biochar industry. Companies such as Phoenix Energy, Pacific Pyrolysis, 3R ENVIRO Tech Group and Cool Plant Power Systems Inc. delivers pyrolysis technology to solve and manufacturer energy solutions. The manufacturers concentrate primarily on new product launch and strategic alliance, merger and acquisition, collaboration to extend their presence in the coming years.

Key Takeaways:

• The estimated value of the market at US$ 3.7 Bn in 2022.
• Increasing demand for organic food products is expected to drive market growth.
• Expansion of agricultural sector, launch of advanced and organic products, and improved technologies are expected to create growth opportunities for biochar market.
• North America is anticipated to remain the leading market for biochar fertilizer through the forecast period, trailed by Europe.
• Rise in technologies of agricultural applications such as pyrolysis increases the demand for biochar fertilizer.

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Regional Insights

The value of Biochar Fertilizer in the North American region is 1.4 billion dollars, accounting for 38% of global Biochar Fertilizer value, with the United States holding a market share of 65 percent in the region. Growing consumer demand for organic foods will drive the growth of the biochar fertilizers market in the United States, as consumers shift their preferences toward foods with higher nutritional qualities.

The value of Biochar Fertilizer in the Asia-pacific region is 749 million dollars, accounting for 20% of the global Biochar Fertilizer market value. In the country’s agricultural fields, the usage of genetically modified crops has had an impact on soil and crop productivity. The use of biochar fertilizer in farming, which has been aided by various national research efforts, is projected to promote product recognition and consumption.

By Regional, Biochar Fertilizer Market is segmented as:

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Detailed Table of Content:

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

4. Global Biochar Fertilizer Market Analysis 2017-2021 and Forecast, 2022-2032

5. Global Biochar Fertilizer Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type

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About FMI

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

Contact Us:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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