Market Research Blog

The ketchup concentrates market is forecast to experience a growth of 4% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 532 million in 2023.

The steady growth of the ketchup concentrates industry is projected to be driven by factors like the availability of multiple products, like mango concentrate, tomato concentrate, blueberry concentrate, peach concentrate, and others. Consumers are seeking convenient solutions to cater to their gastronomic urges, thus fueling the demand for ketchup concentrates.

Ketchup is used as a staple in modern as well as traditional food. It is consumed by people all across the globe, with millennials forming a large proportion of consumers. Moreover, the surging popularity of international cuisines, such as Italian, Mexican, Thai, and other foods, is also projected to ramp up the sales of diverse ketchup variants.

Ketchup concentrates are available in conventional, natural, and organic forms. Surging demand for organic and clean-label food products is catalyzing the demand for ketchup concentrates.

The market might suffer owing to authority bodies introducing several rules and regulations on processed food products. However, with the constant activities in the research and development sector, novel product launches by leading players might expose new business opportunities.

Top Highlights from the FMI’s Analysis of the Ketchup Concentrates Market: 

• The United States ketchup concentrates industry gained a leading share of 19.8% in the market in 2022.
• The German ketchup concentrates industry is expected to gain beyond 9.9% share of the market in 2023.
• The Japanese ketchup concentrates industry is expected to acquire a value share of more than 1.6% of the global market in 2023.
• The Australian ketchup concentrates industry is anticipated to obtain more than 0.7% market share in 2023.
• The China ketchup concentrates industry is anticipated to pace at a CAGR of 3.4% over the forecast period.
• The India ketchup concentrates industry is anticipated to register a CAGR of 5.4% in the estimated time.
• The United Kingdom’s ketchup concentrates industry is projected to record a CAGR of 4.1% over the stipulated period.
• Based on nature, the natural segment got a 23.5% market share in 2022.
• Under the product type category, the tomato segment achieved a 57% value share in 2022.
• Based on the distribution channel, the direct sales segment attained a 68.70% market share in 2022.

Leading Players’ Winning Strategies to Stay Competitive

Top players in the market are implementing strategies like product approvals, product launches, and events and patents. Growth strategies like partnerships, acquisitions, and collaborations. These activities have opened avenues for businesses to expand and acquire new customers.

With the surging demand for ketchup concentrates, the top players in the ketchup concentrate industry are projected to observe lucrative opportunities over the forecast period.

• Kraft-Heinz, Inc. introduced a line of new cold ketchup in Canada in June 2022. It is the exact slow-pouring, iconic ketchup with a label that transforms into icy blue when perfectly chilled. Heinz’s new launch has been limited to Wendy’s locations in Canada and at certain grocery stores in specially-marked display fridges.
• Kraft-Heinz, Inc. teamed up with Pulpex in May 2022 to innovate a paper-based, recyclable, renewable bottle composed of 100% sustainably sourced wood pulp. HEINZ is the foremost sauce brand to test the potential of sustainable paper bottle packaging of Pulpex for its portfolio of world-renowned condiments.
• Kraft-Heinz, Inc. introduced a new ketchup, i.e., Marz Edition, in November 2021. It is made of tomatoes grown under the Martian soil condition. The firm states that the tomatoes used in the Marz Edition ketchup were grown in soil conditions and extreme temperatures akin to that of Red Planet.

Download the full report for in-depth insights.
Key Segments Profiled in the Ketchup Concentrates Industry Survey

By Nature:

• Natural
• Organic
• Conventional

By Product Type:

• Tomato
• Mango
• Peach
• Blueberry
• Other Fruit

By Distribution Channel:

• Direct Distribution Channel
• Retail Sales Distribution Channel
  • Hypermarket/supermarket
  • Convenience stores
  • Online retailers.

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global lycopene food colors market is set to grow at a CAGR of 10.7% between 2022-2032, reaching a valuation of USD 84 Mn in 2022 and USD 257 Mn by 2032. Growing demand for natural and clean label products and rising application of lycopene food color in confectionery and bakery products, beverages, packaged food Products, cosmetics, and dairy products are some of the key factors pushing demand for lycopene food colors.

Lycopene is a naturally occurring pigment found in vegetables, fruits, algae and fungi. It is an antioxidant; hence its consumption protects the human body from damage caused by free radicals. Growing awareness about the potential health benefits of lycopene along with increasing demand for natural food colors is expected to provide a strong thrust to the growth of lycopene market during the forecast period.

Manufacturing industries are adding lycopene colors in their food products as consumers are shifting their preference towards natural and organic food items to maintain overall health.

Lycopene, like natural food colorants, is remedial in nature and is known for preventing several diseases including hypothesis, cancer, cardiovascular diseases, osteoporosis, other bone disorders, male infertility, hypertension, and other human diseases.

The global lycopene market is likely to boost in the forecasted period of the next ten years due to its significant use in the pharmaceutical and food industry. Lycopene also offers benefits in the cosmetics and personal care industry.

An increase in consumer discretionary income in regions such as the Asia Pacific, the Middle East, and Africa has made it easier for customers to consume new and unique food products that are sourced from plants. The consumption pattern of consumers is inclining toward healthy and organic food products, which is impacting the food and beverage category, as well as the lycopene food colors market.

Key Takeaways from Market Study

• By nature, organic segment is likely to be the most remunerative in the global lycopene food colors market during the forecast period.
• By application, the beverages segment is expected to hold the largest share of the global lycopene food colors market while the bakery and confectionery segment is expected to grow at a CAGR of 9.5% throughout the forecast period.
• The lycopene food colors markets in North America and Latin America are poised to expand at a CAGR of 8.02% and 7.9% respectively, through 2032.
• Europe lycopene food colors market stands at 590 metric tons by volume and nearly US$ 23 Mn by value. Furthermore, demand for lycopene food colors in the region is expected to grow at 8.9% CAGR between 2022 and 2032.
• The U.S. lycopene food colors market is expected to grow at a CAGR of 8.34% during the forecast period.

“Manufacturers of lycopene food colors would gain significant profits by targeting the organic food and beverage and dietary supplements industries. They should also strive to achieve higher production volumes, in order to provide lycopene food colors at more affordable rates to food processing industries,” says a Future Market Insights analyst.

Explore the full report for expert analysis.

Lycopene Food Colors Market Taxonomy

By Nature:

• Organic
• Conventional

By Form:

• Powder
• Capsule
• Syrup

By Application:

• Bakery & Confectionery Products
• Beverages
• Packaged Food/Frozen Products
• Dairy Food Products
• Cosmetics
• Others

By Region

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

Competitive Landscape

Some key market participants are Chr. Hansen, Koninklijke DSM N.V., Hoffmann-La roche Ltd., General nutrition center company, Jamieson laboratories Ltd., San-Ei Gen, Licofarma S.r.l., Dangshan sinojuice food, DSM, BASF, Kagome, Xi’an lyphar biotech corp, LycoRed, Kagome, Tomatia, Wellgreen Technology, Shaanxi huike botanical development Co. Ltd., Royal DSM N.V., NBTY, and Bayer AG, among other prominent players.

The market for lycopene food colors has several big names who are primarily converging on developing advanced versions of lycopene mainly for increasing its end-use in various industries. They are also striving to achieve economies of scale in order to substitute synthetic red colors in food processing industries.

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.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global brilliant blue FCF colors market is projected to reach a valuation of USD 53.8 Mn in 2022, exhibiting growth at a CAGR of 4.8% during 2022-2032.

Demand for brilliant blue FCF colors is expected to grow at approximately 9,500 metric tons by 2032. Brilliant blue FCF colors are widely used in processed commercial food, thereby providing them with an artificial green color. These are also added to food items to enhance their naturally occurring color, make them attractive, and enable consumers to identify the product from afar.

Brilliant blue FCF color is also called Blue 1. The global brilliant blue FCF market is mainly driven by growing demand for exotic-looking food items with unique flavors and textures. Increasing influence of social media platforms is set to encourage consumers to purchase aesthetically appealing food and beverages.

Increasing awareness about natural food ingredients among people across the globe may hamper the demand for synthetic brilliant blue FCF colors in the next decade. Rising cases of dye allergies, stringent government norms to control the use of food colors, and shift of consumers towards natural blue spirulina colorants are a few other restraints of the global market.

Key Takeaways: Brilliant Blue FCF Colors Market

• Brilliant blue FCF colors exhibited sales of about 5050 metric tons in 2021 and their demand is expected to reach approximately 9500 metric tons by 2032.
• The North America brilliant blue FCF market is expected to register 4.2% CAGR between 2022 and 2032.
• The Latin America brilliant blue FCF colors market accounted for US$ 7.6 Mn in terms of value and 708 metric tons by volume in 2021.
• The China brilliant blue FCF colors market is anticipated to register 4.9% CAGR between 2022 and 2032 and it recorded sales of US$ 4.05 Mn in 2021.
• The brilliant blue FCF colors market in India is expected to register 6% CAGR during the forecast period of 2022 and 2032.

“Brilliant blue FCF color producers are striving to generate high revenues by partnering up with cereals, cakes, pastries, savory snacks, ice-creams, jellies, and licorice manufacturers. They are also focusing on establishing strategic alliances with regional bakery and candy brands to gain a competitive edge,” says a Future Market Insights analyst.

Competitive Landscape: Brilliant Blue FCF Colors Market

Some of the prominent players present in the global brilliant blue FCF colors market include Koel Colors, Clariant, BASF, Sensient Colors LLC, Spectra Colors, MIFAR, Sun Chemical (DIC), Daito Kasei Kogyo, Neelikon Food Dyes & Chemicals, Symrise, Sunfoodtech, Dynamic Products Ltd., Sigma-Aldrich Co. LLC., GNT International B.V., GFS Chemicals Inc, and Shanghai Dyestuffs Research Institute Co. Ltd., among others.

Key players are focusing on strengthening their distribution channels to compete with their rivals in the global market. Many regional chemical companies are also aiming to join hands with international players to co-develop innovative products.

More Valuable Insights on Brilliant Blue FCF Colors Market

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

The study offers compelling insights based on form (solid, powder, and granulated), solubility (lakes, and dyes), and application (beverage, bakery, snacks, & cereals, candy/confectionery, dairy, fruit preparations/fillings, meat, poultry, fish, & eggs, potatoes, pasta, & rice, sauces, soups, & dressings, seasonings, and pet food) across seven major regions of the world.

Unlock the complete analysis—get the full report now.

Brilliant Blue FCF Colors Market Outlook by Category

By Form:

• Solid
• Powder
• Granulated

By Solubility:

• Lakes
• Dyes

By Application:

• Beverage
• Bakery, Snacks, and Cereals
• Candy/Confectionery
• Dairy
• Fruit Preparations/ Fillings
• Meat, Poultry, Fish, and Eggs
• Potatoes, Pasta, and Rice
• Sauces, Soups, and Dressings
• Seasonings
• Pet Food
• Others

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.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The estimated market leap of the bakery product market is at a CAGR of 3.80%, which promises the market to reach USD 354.02 billion by 2034. Moreover, by 2024, the market is expected to reach USD 244.14 billion.

Due to rapid urbanization, the speed of an individual’s life has also increased. As a result, people have started to rely more on fast food. This surges the demand for bakery food produscts, driving the subject market. Moreover, bakery products form a large section of the convenience food market, which propels the subject market’s growth.

Organizations favor product innovation regarding flavors, ingredients, and product packaging. Due to this, the diversification of the product portfolio is possible, favoring the market advancement. Hence, this is another vital market driver.

The rise of e-commerce businesses increases the availability and accessibility of the bakery product market. Due to this, bakery products can be delivered to remote areas, creating a better market presence. Hence, this is another critical market driver. This factor is coupled with an individual’s increasing disposable income. It enhances the affordability of bakery goods, driving the subject market.

Key Takeaways from the Market Study

• The forecasted CAGR of the market has increased to 3.80% from 3.50%, which promises constant growth for the global bakery product market.
• The Indian market registers the highest advancement rate and progresses at a CAGR of 5.5%.
• The United States of America leads North America regarding the market’s growth rate. It advances at a CAGR of 4.2%.
• Based on the product type, the biscuit segment is the largest market segment of the subject market and holds 34.2% of the market.

“Despite increasing consumption of bakery products, the emergence of new entrants in the fast food market might split the market’s target audience, which is a key market restraint for the subject market,” -says Nandini Roy Choudhury (client Partner for Food and Beverages at Future Market Insights, Inc.)

Competitive Landscape

Many key competitors clutter the global bakery product market. Organizations take various key strategic initiatives to expand and embark on their positions in the market. Mergers and acquisitions, strategic alliances, product innovation, market diversification, and partnerships are some market expansion tactics organizations use. The following developments in the subject market are visible:-

• In September 2023, Nestle SA acquired Advent International, a famous Brazilian chocolate company. This diversifies the organization’s market and expands the scope of innovation in the business.
• In March 2024, Britannia Industries launched Britannia Bourbon with a new packaging and product design. This will help the organization position its product better to gain more popularity.

More Valuable Insights Available

Future Market Insights offers an unbiased global bakery product market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.

In the case of the subject market, the analysis is put forth by assessing key segments By Product Type (Biscuits, including Cookies, Non-Salt Cracker Biscuits, Salt Cracker Biscuits, Milk Biscuits, Cream Biscuits, Glucose Biscuits, Marie Biscuits, and Others, Bread and Rolls, including Artisanal, In-Store, Packaged, and Cakes and Pastries, including Artisanal, In-Store including Packaged, Pizza Crusts, and Rusks), Specialty Type (Gluten-free, Fortified, Organic, Low-calorie, and Sugar-free), and Distribution Channel (Direct, Indirect, Hypermarkets/Supermarkets, Convenience Stores, Bakery Stores, Artisanal Bakeries, and Online Retailers).

About the Food and Beverage Domain at Future Market Insights

Future Market Insights’ food and beverage team offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has lucidly analyzed the industry in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.

Dive deeper—click here for the comprehensive report.

Bakery Product Market- Key Segments

By Product Type:

• Biscuits
  • Cookies
  • Non-Salt Cracker Biscuits
  • Salt Cracker Biscuits
  • Milk Biscuits
  • Cream Biscuits
  • Glucose Biscuits
  • Marie Biscuits
  • Others
• Bread and Rolls
  • Artisanal
  • In-Store
  • Packaged
• Cakes and Pastries
  • Artisanal
  • In-Store
  • Packaged
  • Pizza Crusts
  • Rusks

By Specialty Type:

• Gluten-free
• Fortified
• Organic
• Low-calorie
• Sugar-free

By Distribution Channel:

• Direct
• Indirect
• Hypermarkets/Supermarkets
• Convenience Store
• Bakery Stores
• Artisanal Bakeries
• Online Retailers

By Region:

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

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The premium alcoholic beverage market is witnessing significant growth, with a projected valuation of USD 430.38 billion in 2024. The market is expected to grow at a CAGR of 9.10% through 2034, reaching a high of USD 1,032.38 billion.

Key players focus on expanding their product range and distribution channels to cater to the growing demand for premium products. They are partnering with luxury hotels and restaurants to offer exclusive and high-end experiences to consumers. Some also use social media and influencer marketing to increase brand awareness and engagement.

The rising middle class in emerging economies such as India, China, and Germany has created a new market for premium liquor players. Consumers in these markets are ready to experiment with novel flavors and brands, creating the scope for various new entrants and existing manufacturers to drive market growth. The increasing popularity of craft beer and artisanal spirits is another factor propelling the beverage sector. Production of unique, authentic, and locally sourced liquor requires a new consumer base willing to have a premium taste.

The use of technology and social media is playing a key role in the growth of the premium alcoholic beverage market. The market is also advancing with augmented reality labels, personalized cocktails, and smart bottles that interact, offering a high degree of convenience and accessibility to consumers.

The market faces challenges, such as increasing awareness and concern about health among consumers, competition from alternative markets, and government regulations and taxes that make it difficult for companies to produce and sell their products.

“Increasing urbanization, expanding distribution networks, and growing awareness about health benefits of certain alcoholic beverages is a foreseeable trend in the premium liquor market,” says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Key Takeaways from the Market Study

• Whiskey tops the alcohol type with an expected market share of 23.50% for 2024.
• Bottles are the preferred packaging format for premium alcoholic beverages, with an anticipated market share of 38.70% for 2024.
• The premium alcoholic beverage market in Japan is projected to inflate at a CAGR of 7.30% through 2034.
• The premium alcoholic beverage industry in China is anticipated to develop at a CAGR of 6.90% through 2034.
• The premium alcoholic beverage industry in India has the potential to increase by 6.80% CAGR through 2034.
• The premium alcoholic beverage industry in the United States is estimated to rise at 5.20% CAGR through 2034.
• The premium alcoholic beverage market in Germany is predicted to rise by 4.60% CAGR through 2034.

Competitive Landscape

Premium alcoholic beverage manufacturers and key players are focusing on expanding their product range and distribution channels. Key players are also launching direct-to-consumer sales channels to reach a wider audience. Manufacturers are widening their reach to offer high-end experiences for consumers. Key companies like Bacardi Limited, Diageo Plc, Pernod Ricard SA, Gruppo Campari, The Brown-Forman Corporation, The Edrington Group, Heineken N.V., Anheuser-Busch Companies, LLC, and Carlsberg A/S are widening the visibility of the market.

Recent Developments: 

• In April 2024, Coca-Cola India entered the alcohol market with Lemon-Dou, a ready-to-drink alcoholic beverage combining shochu and lime, marking the company’s first foray into alcoholic beverages in India.
• Radico Khaitan launched its premium Jaisalmer Indian Craft Gin in July 2023, expanding its product line and remaining competitive against brands like Bombay Sapphire despite a 15% decline in fourth-quarter profits due to rising input costs.

Key Companies in the Market

• Bacardi Limited
• Diageo Plc
• Pernod Ricard SA
• Gruppo Campari
• The Brown-Forman Corporation
• The Edrington Group
• Heineken N.V.
• Anheuser-Busch Companies, LLC
• Carlsberg A/S
• Miller Coors
• Others

Access the full report for detailed market trends.

Market Segmentation

By Alcohol Type:

• Beer
• Wine
• Whiskey
• Gin
• Vodka
• Rum
• Others

By Packaging:

• Bottles
• Can
• Jars
• Tins
• Others

By Distribution Channel:

• Direct Sales
• Indirect Sales
  • Modern Trade
  • Convenience Stores
  • Independent Grocery Retailers
  • Specialty Food Stores
  • Online Retail
  • Other Retail Formats

By Region:

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

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.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global freeze-dried pet food market value is expected to rise from USD 18,250.07 million in 2024 to USD 29,589.7 million by 2034. This market is expected to be driven by a CAGR of 5.0% over the next decade.

Primary factors like rising disposable incomes and economic development in urban areas facilitate pet owners to utilize more resources for their pets’ well-being. Urban populations are thus investing in superior quality pet food choices, like freeze-dried varieties, which are considered more nutritious and healthier than their traditional counterparts.

Demand for freeze-dried pet food is driven by the rapid humanization of pets, in tandem with increasing advertisements and endorsements. Further, the sales of freeze-dried pet food are increasing on account of surging access to an extensive variety of brands and products with a single click via online shopping platforms. The unparalleled convenience of using online channels is contributing to market growth.

Key Takeaways from the Freeze-dried Pet Food Market Report

• The freeze-dried pet food market attained a valuation of US$ 14,679.67 million in 2019. In the historical period, the market observed a CAGR of 4.60%.
• By nature, the conventional segment is expected to acquire a share of 82.8% in 2024.
• Dog in the pet type category is anticipated to obtain a value share of 56.90% in 2024.
• The United States freeze-dried pet food industry is estimated to register a CAGR of 7.40% over the forecast period.
• In Europe, the German freeze-dried pet food industry is anticipated to expand at a 4.7% CAGR from 2024 to 2034.
• China is expected to experience a 4.8% CAGR during the assessment period.

“Key players are focusing on product innovation to differentiate themselves from the crowd,” says an analyst of Future Market Insights.

Competitive Landscape

Key players are zeroing in on building customer loyalty and developing new products to advance the freeze-dried pet food market. Additionally, they are investing their funds in effective marketing and branding to increase their market reach.

Market players are expected to establish themselves in new markets where customer segments remain untapped. To gain customers in these markets, players are adapting their product offerings to serve the demands of the new market.

Industry participants are setting competitive prices and maintaining efficient distribution channels to make services and products more attractive and accessible to an extended audience. Competitors are also employing inorganic strategies to quickly gain a larger market share. One such strategy is mergers and acquisitions. It provides quick access to expertise and resources.

Recent Developments that are Spurring Growth in the Freeze-dried Pet Food Market

• Petco Health and Wellness Company, Inc. joined forces with Stella & Chewy’s in 2023. As a result of this partnership, the company released the brand’s natural and raw food products at petco.com, Petco pet care centers, and the Petco app.
• Red River Potatoes revealed that it is transforming a waste stream from wash streams in September 2022. The firm has been searching for investment opportunities to expand its pet food ingredient business by concentrating on dehydrated pet food.
• The Honest Kitchen, which is a natural human-grade pet foods firm, declared the successful completion of a rigorous assessment in September 2022. This evaluation is for the company to become a Certified B Corporation, which implies that the business has achieved a gold standard of environmental and social performance.
• YUMMERS, an omnichannel pet lifestyle brand, released a premium product in September 2022. The “Gourmet Mix-ins” provide tender morsels and freeze-dried single-ingredient proteins in flavors like Beef Liver, Chicken, Turkey and Cranberry, etc.

Download the full report for in-depth insights.
Freeze-dried Pet Food Market Research by Categories

By Pet Type:

• Cat
  • Kitten
  • Senior
• Dog
  • Puppy
  • Adult
  • Senior
• Others

By Nature:

• Organic
• Conventional

By Source:

• Animal Derived
• Plant Derived
• Insect Derived

By Process Type:

• 100% freeze-dried
• Partly freeze-dried

By Sales Channel:

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

By Region:

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

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.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The frozen pet food market value is estimated to expand at a CAGR of 5.2% over the assessment period. In 2024, the market is expected to generate a revenue worth US$ 15,351.24 million. By 2034 end, the market size is forecast to expand to US$ 25,595.4 million.

Frozen pet food products stay fresh for longer and retain more nutrients. Frozen pet food is also healthier because it is free of additives and processing.

To be active, healthy, and happy, every pet requires proper nourishment. Concerns about animal nutrition and health have spurred a global trend towards high-protein pet food and fresh recipes, resulting in new products in the raw, fresh, and frozen pet food markets. Pet parents’ desire to experiment with various diets and recipes for their pets has driven up demand for both fresh and frozen pet foods.

In response to changing trends, top competitors in the frozen pet food market have expanded their offers. Experimentation and innovation in the frozen pet food field are popular industry trends among pet owners, particularly millennials.

Key Takeaways:

• Based on pet type, sales of frozen pet food for dogs are anticipated to account for over 50% of the total market share.
• In terms of nature, demand for organic frozen pet food is expected to gain traction at a considerable pace over the assessment period.
• Animal derived frozen pet food is expected to hold a market share of over 40% in the forecast period.
• Sales in the U.S. frozen pet food market are expected to rise at a 3.2% CAGR through 2032.
• India will account for 35.6% of the South Asia frozen pet food market share over the forecast period.
• Demand for frozen pet food in Germany is expected to increase at a 2.3% CAGR over the assessment period.

“Growing preference for clean-label frozen pet food, along with high demand for different flavors and textures is expected to create opportunities for growth for frozen pet food manufacturers in the forthcoming years,” says an FMI analyst.

Competitive Landscape

Due to the existence of various regional and international firms offering a wide range of frozen pet food items, the global frozen food industry is extremely competitive. Key players control a large portion of the market, and they are pursuing strategies such as product innovations, strengthening their hold on offline and online marketing, partnerships, mergers, and acquisitions to increase their visibility and portfolio of offerings, thereby accelerating market growth.

Explore More Valuable Insights

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

The study offers compelling insights based on pet type (cat (kitten and senior) and dog (puppy, adult and senior) and others), nature (organic and conventional), source (animal derived, plant derived and insect derived), sales channel (offline sales channel (supermarkets/hypermarkets, pet stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.

Explore the full report for expert analysis.

Frozen Pet Food Market by Category

By Pet Type:

• Cat
  • Kitten
  • Senior
• Dog
  • Puppy
  • Adult
  • Senior
• Others

By Nature:

• Organic
• Conventional

By Source:

• Animal Derived
• Plant Derived
• Insect Derived

By Sales Channel:

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

About Future Market Insights (FMI)

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