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In 2022, the market for ice cream and frozen desserts will be worth US$ 137,300 million. As disposable income rises and the number of people consuming frozen desserts increases internationally, the market for ice cream and frozen desserts is anticipated to develop significantly over the course of the projected period.

Ice cream and frozen dessert are food products from the frozen food industry. They are consumed after a meal or served as a refreshment between meal courses. Ice cream and frozen desserts are composed of milk and cream combined with fruit and flavors, making it pleasing to the consumer. The growing trend of the consumption of ice cream and frozen dessert after a meal as a digestive product fuels the growth of the global ice cream and frozen dessert market. Another factor influencing the industry’s growth is the surge in demand for ice cream and frozen yogurt. Both kids and adults are on the rise for these tasty frozen food products because of the nutritional value obtained from their consumption.

The global ice cream and frozen dessert market are expected to witness significant growth over the forecast period due to the rise in disposable income and the growing population size of individuals consuming frozen desserts globally. However, the market is slated to witness a decline in growth due to the increasing health concerns among consumers. Consumers are on the watch for products with low-calorie content with healthy befitting properties.

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Ice Cream and Frozen Dessert Market Growth Driven by Consumers’ Changing Lifestyle

Ice cream and frozen dessert are classified as a ready-to-eat meal or convenience food that can be consumed anywhere and anytime. The present-day consumers are involved in a busy lifestyle, which doesn’t allow them to prepare food. Thus, they are ready to spend on ice cream and frozen desserts. Besides, the rise in consumption of yogurt and ice cream among consumers is another factor facilitating the global growth of the market. The global ice cream and frozen dessert market are slated to witness robust growth over the forecast period.

Availability at Retail Stores

The retail store is one of the most significant growth boosters for the ice cream and frozen dessert market. Ice cream and frozen dessert are readily available at various retail stores worldwide. Consumers find it easy to walk into a retail store to get frozen dessert, and this is expected to foster the growth of the market over the forecast period. Retail stores such as hypermarkets, supermarkets, convenience stores, and many more sell ice cream and frozen dessert products in bulk.

Ice Cream and Frozen Dessert Market Restraint

The global ice cream and frozen dessert market is not without its challenges. Major factors such as flavor, and fat content contained in ice cream and frozen dessert are expected to restrain the market’s growth over the forecast period.

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Ice Cream and Frozen Dessert Market: Competitive Landscape

Baskin-Robbins
Nestle SA
Unilever
Danone Groupe SA
Ben & Jerry’s Homemade Holdings Inc.
Cielo USA
Kraft Foods Group Inc.

Key Segments Covered in the Ice Cream and Frozen Dessert Industry Analysis

By Type:
Frozen Yogurt
Frozen Cakes
Ice Cream
Others

By Distribution Channel:
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Others

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Frequently Asked Questions

What is the expected market value for Ice Cream and Frozen Dessert in 2022?

At what rate will the ice cream and frozen dessert market flourish from 2022-2032?

What is the expected market value for ice cream and frozen desserts in 2032?

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In 2022, the market for health and wellness products is projected to be worth US$ 6,900 Million. Health & wellness products have received a lot of attention lately, especially in the wake of the COVID-19 pandemic outbreaks, which has prompted business stakeholders to look at new revenue streams.

The overall sales of health & wellness products products are projected to grow at a robust CAGR of 6.9% between 2022 and 2032, totalling around US$ 13,459.6 Million by the end of 2032.

Health & wellness products are the products that provide a broad spectrum of the food and beverage industry coupled with beauty product industry globally. Younger consumers in the developing countries are willing to pay premiums for health & wellness products as a result of the rising importance in physical fitness. Manufacturers are reformulating health & wellness products to reduce cholesterol, sugar, sodium content and saturated fat of the food products due to increasing health consciousness among the people.

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Health & wellness products provide healthful benefits to the consumers along with innovations in various health & wellness products. Manufacturers are using organic ingredients in various health & wellness products instead of artificial ingredients which are harmful to the body. Consumers are focusing on functional food products which are fortified with various essential ingredients such as vitamins, minerals, amino acids and nucleotides which provide health benefits and promotes better health.

Global Health & Wellness Products Market: Regional Outlook

Geographically, the global health & wellness products industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, the Middle East and Africa. Globally, among all regions, Asia Pacific has developed as the dominant region in global health & wellness products market followed by Middle East and Africa.

Increasing food and beverage industry along with growing cosmetic industry, has strengthened the growth of global health & wellness products market and hence is projected to significantly expand the revenue contribution of the market over the forecast period. Growing alternatives to food products in developing countries is also another driving factor of global health & wellness products market.

Global Health & Wellness Products Market: Growth Drivers

The global health & wellness products market driving factors are increasing demand for ready-to-eat snack foods coupled with the convenience of foods. Increasing opportunities in weight management program and rising concern regarding physical fitness is also another factor that is driving the health & wellness products market globally. Rising number of supermarkets, hypermarkets, and independent retail stores are rapidly increasing the demand for various health & wellness products worldwide. Manufacturers are focusing on providing healthier product offerings in various health & wellness products. Hence, the global health & wellness products market is expected to observe robust growth over the forecast period.

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Global Health & Wellness Products Market: Key Players

Some of the key players identified across the value chain of the global health & wellness products market include Pfizer Inc., PROVANT HEALTH SOLUTIONS INC., Nestle, The Kraft Heinz Company, Arbonne International, LLC, Buy Wellness, GSK, Walgreen Co., Procter & Gamble, General Nutrition Centers Inc. and others. The companies are expected to expand their business by enhancing their product portfolio in global health & wellness products market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global health & wellness products market till 2026.

Key Segments of Health & Wellness Products Industry Survey

By Category:
• Beverages
• Packaged Food
• Baby Food
• Baked Products
• Breakfast Cereals
• Confectionery
• Dairy Products
• Frozen Food
• Sauces
• Snacks
Distribution Channel:
• Supermarket
• Hypermarket
• Independent Stores
• Drug Stores
• Unorganized Stores
• Single Brand Store
Function:
• Beauty Products
• Brain Health Supplements
• Immune Support Supplements
• Weight Management
Type:
• Food Intolerance
• Fortified Food Products
• Organic Products

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Report Highlights:
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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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Demand for functional water is expected to reach US$ 14,345 million in 2022 and is projected to increase at a CAGR of 6.0% to US$ 25,689 million between 2022 and 2032. The prevalence of obesity is on the rise, and people are becoming more aware of the benefits of leading healthy lives. A CAGR of 6.1% was recorded for the functional water market from 2016 to 2021.

Functional water is a non-alcoholic beverage whose property has been altered by adding ingredients that offer impressive health benefits and other features. Ingredients such as raw fruits, vegetables, herbs, consumable acids, vitamins, and minerals are added to water before it becomes functional water.

As water remains the most consumed beverage globally, the functional water market is expected to witness tremendous growth during the forecast period and aftermath.

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Consumers’ shift towards the consumption of healthy drinks is has a positive impact on the growth of the global functional water market.

The global functional water market is anticipated to record a double-digit CAGR as health practitioners now recommend it as one of the vital beverages that must be consumed daily.

Classification of water as a balanced diet is a strong force fueling the growth of the industry.

With the burgeoning demand for plant-based products, the global functional water market is expected to grow significantly

Functional water contains vegetables, raw fruits, and herbs, which are plant-based, and this improves its sales as vegans spend more on dairy alternatives or non-dairy products.

The functional water market is slated to record a healthy growth during the forecast period due to the change in consumers’ lifestyles especially in developed and developing nations which has fostered the demand for convenience food items globally.

Functional Water Market Growth Drivers

Sustainability is one of the most vital properties of functional water anticipated to drive the industry’s growth.

Functional water consumers are conscious of their environment’s safety as reports have shown that plastics are non-biodegradable pollutants whose presence has a detrimental effect on the environment.

With governments’ stringent regulations regarding plastics, manufacturers in the industry are prompted to develop new and innovative materials to package their products.

Consumers are sometimes attracted to the functional water market by the type of package used by different leading companies.

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Furthermore, growing consumers’ demand for fortified food and beverages is estimated to foster the rise in demand for functional water in a few years.

Sales are expected to increase drastically as the population of diabetes and obesity patients is rising annually, threatening the global world.

Countries like the United States, United Kingdom, China, India, and Australia have increased the production of functional water as consumers have switched preference from consuming carbonated soft drinks to packaged water

Functional Water Market Restraint

The global functional water market growth is expected to be hampered during the forecast period due to the hike in price of the PET bottles used in packaging functional water.

Functional Water Market: Region-wise Analysis

Geographically, Europe is expected to dominate the global functional water market as the total revenue, and market volume from this region are higher when compared with others.

Consumers in the region are on the rise, which is estimated to facilitate the industry’s growth.

North America is the second-largest market as the demand from the pharmaceutical and beverage industries is on the rise.

The Asia Pacific is estimated to be the fastest-growing market as consumers’ population is on the rise.

Emerging economies like China, India, and Japan have increased consumers’ disposable income, which is slated to fuel the growth of the functional water market during the forecast period.

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Functional Water Market: Competitive Landscape

The global functional water market is highly competitive with no dominant player operating in it. Key players are focusing on innovation of new products to woo consumers to their market.Some prominent players in the industry include;

Danone
Coca-Cola
Pepsico
Dr. Pepper Snapple Vitamin Well AB
Triamino Brands LLC
New York Spring
Herbal Water
Vichy Catalan Corporation
San Benedetto
Unique Foods (Canada)

Frequently Asked Questions
What is the anticipated growth of the functional water market until 2032?
Which region is forecast to be the most lucrative for functional water market growth?
Which are some prominent functional water market manufacturers?

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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In 2022, the market for processed meat is projected to be worth US$328.8 billion. New home delivery models have fueled market expansion and are anticipated to change the game during the projected period. The overall demand for processed meat is projected to grow at a CAGR of 6.3% between 2022 and 2032, totaling around 605.14 Billion by 2032.

The variable meat preservation techniques have resulted in the voluminous growth in the demand for fresh processed meat. In order to suit the fast-paced city life, urban consumers prefer eating fresh processed meat products. The time required to cook raw meat and then serve will continue to opportunely aid the growth in demand for fresh processed meat products.

Furthermore, hot dogs and other processed meat products are expanding prominence in the global food sector, creating ample growth opportunities for fresh processed meat products. Fresh processed meat products are widely accepted as the ideal fast food products, and are popular among the working class of the society. The global fresh processed meat products market is expected to witness an upsurge, owing to the dominance of existing fast food practices.

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Global Fresh Processed Meat Products Market: Drivers & Restraints

The growing income of urbanised population has fuelled the demand in the global market for fresh processed meat products. Additionally, the busy urban life has resulted in consumers opting for convenient food that do not expend more time for cooking or preparation.

The rising preference of consuming ready-to-eat meat is also considered as the key factor driving the growth of the global fresh processed meat products market. However, there are several factors restraining the growth of the fresh processed meat products market. The key restraints of the global market for fresh processed meat products include,

• Increasing obesity levels & unhealthy lifestyle

Consumption of processed food products triggers the upsurge of cholesterol and fat levels in the body, forcing the consumer to live an unhealthy lifestyle. Rising obesity levels are generating more awareness about the drawbacks of processed food consumption, thereby hampering the demand for fresh processed meat products.

• Growing number of meat-eaters

The mounting rise in the number of meat eating consumers has alarmed the manufacturers of fresh processed meat products. In order to meet the brimming demand, the process for retaining the freshness of the meat is hampered, which consequentially affects the impending demand.

• Demand for high-protein & fat-free meat

Fresh processed meat products are derived from preservation through curing, smoking, canning, drying or salting the raw meat. As a result, the processed meat holds high percent of fat and moderate levels of protein. Hence, the demand for fresh processed meat products is not prominent among a large segment of consumers who opt for high-protein and fatless meat products.

• Rising inclination towards Cancer & Heart Disease risks

The health consciousness among consumers is restraining the growth of the fresh processed meat products, owing to the high awareness of its disadvantages on the health. The high incidence rate of Cancer and cardiovascular disorders among consumers of fresh processed meat products is lowering the demand, and keeping the manufacturers reluctant about business expansion.

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Key Players

The key companies participating in the global market for fresh processed meat products include JBS, NH Foods Ltd, Smithfield Foods, Inc., Cargill Incorporated, ConAgra Foods Inc., National Beef Packing Company, LLC, Tyson Foods Inc., Cherkizovo Group PJSC and OSI Group, among others. Ever since WHO classified processed meat as Group 1, carcinogenic to humans, the global leaders in fresh processed meat manufacturing have faced ultimatum with context to their production capacity. Nevertheless, the companies are expected to boost the demand by developing advanced processing that renders the product meat harmless and prevents post-consumption stomach ailments.

Key Segments Covered in the Processed Meat Industry Analysis

Processed Meat Market by Type:

• Hamburgers
• Fried Sausages
• Kebab
• Chicken Nuggets

Processed Meat Market by Packaging:

• Chilled
• Frozen
• Canned

Processed Meat Market by Meat Type:

• Beef
• Pork
• Chicken
• Mutton
• Others

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Frequently Asked Questions

• What is the expected market value for processed meat in 2022?
• At what rate will the processed meat market flourish from 2022-2032?
• What is the expected market value for processed meat in 2032?

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 Demand for Global Canned Pasta is expected to grow at a CAGR of 4.5% from 2022-2032. The market is projected to reach a valuation of approximately US$ 1,906.1 Mn by 2032. The market is likely to reach US$ 1,227.4 Mn in 2022.

Consumers’ attitudes on food choices have altered substantially during the previous two decades. As meals that were popular 20 years ago no longer exist and nor are enjoyed by fewer people, these changes have an impact not just on customers (in terms of the food they consume), but also on food producers (in terms of the foods they make).

As these developments have resulted in a more diverse population in terms of desires, food makers require market orientation more than ever before. Canned pasta consumption has increased considerably in recent years as a result of the global population’ is continually changing and rising food habits.

Moreover, several niche businesses in the U.S. are specializing in gluten-free items that also fit into the ever-expanding vegan and vegetarian markets. Consumer awareness regarding gluten-free certified food items is growing as a result of various programs and trade fairs hosted by key businesses, NGOs, and government organizations.

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In addition to that, adult consumers across generations are seeking an appropriate diet to help them lose or maintain weight. They are increasingly believing that snacking or smaller meals is a better approach. Although there is conflicting evidence about whether eating small meals is truly a helpful weight maintenance tool, experts do agree that the quality of snacks like the ones with whole grains as ingredients is important.

Young consumers, particularly millennials (aged 23-40), are at the vanguard of the snacking revolution, with one in every four now reporting that they snack 4+ times per day, compared to 10% of generation X (Age 41-52) and baby boomers (age 53-71). Millennials are pushing the industry with what’s trendy, tying their interest in snacks to other values like high demand for label-friendly and organic products, as well as less-processed meals.

Key Takeaways from Canned Pasta Market Study

• The Europe canned pasta market is set to generate a share of over 32% through 2022.
• By source, the oats segment is projected to remain at the forefront in the canned pasta market with rising demand for gluten-free food products.
• In the historical period of 2017 to 2021, the Sales of Canned Pasta stood at 3.8% CAGR.
• India is projected to generate a lion’s share in the canned pasta market owing to the increasing number of on-the-go consumers.
• In Germany, the canned pasta market is likely to grow at a steady pace with increasing demand for clean label food products.

“High demand for wheat-based canned pasta owing to rising consumer preference for gluten-free products is anticipated to drive the global market. Besides, food and beverage manufacturers are expected to offer customized products to meet the surging demand worldwide,” says a Future Market Insights analyst.

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Competitive Landscape: Canned Pasta Market
Some of the leading companies present in the Size of global canned pasta market are KIRIL MISCHEFF Group, Pasta Foods Ltd., Primo Foods, General Mills Inc., Conagra Brands, Campbell Soup Company, Grown Food LLC, and Julia’s Farm among others.
The global canned pasta market is generally competitive and diversified, with many small and medium-sized enterprises. Leading players in the global market are focused on continual product releases and new product developments to attract a large consumer base.

For instance,
• In 2019, Pasta Foods Ltd. installed a new state-of-the-art production line in its Norwich facility to help cope with the expected rising demand.

Explore More Valuable Insights on Canned Pasta Market

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

The study offers compelling insights based on the product type (spaghetti, fettuccine/linguine, angel hair, elbows, rotini & twists, penne & ziti, bow ties, and others), based on source (wheat, rice, buckwheat, oats, and others), and based sales channel (hypermarkets/supermarkets, traditional grocery stores, convenience stores, departmental stores, online retail stores, and others), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

The food and beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast

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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According to a recent report by Future Market Insights, the global sales of fortified eggs are estimated to reach a value of US$ 805.3 Mn by 2032, with overall market accelerating at 8.3% CAGR over the forecast period (2022-2032).

Increased consumption of processed foods facilitated by practical accessibility to them through well-developed retail channels will boost the industry’s growth. Fortified eggs give consistency and help in maintaining the smoothness of emulsions in food or drink manufacturing processes.

Rapid urbanization and robust economic growth have amplified the demand for processed foods across the world. In order to improve the quality, appearance, texture, and nutritional content of these processed foods, manufacturers use products like fortified eggs.

Thus, rapid expansion of food processing and food service industries will continue to boost growth of the global fortified eggs market during the forecast period.

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Similarly, rising awareness about the health benefits of fortified eggs, especially across emerging economies will boost sales in the market.

Key Takeaways from Market Study

• Based on nutrients, omega-3 fatty acids segment is expected to grow at a CAGR of 7.5% during the forecast period.
• By end use application, food processing segment is likely to emerge as the most remunerative segment in the global fortified eggs market during the forecast period.
• North America will continue to remain the most dominant fortified eggs market during the assessment period.
• The fortified eggs market in Germany is anticipated to reach a valuation of US$ 20.6 Mn by 2032.
• The U.S. fortified eggs market is projected to reach a market valuation of US$ 90.8 Mn by 2032.

“Fortified eggs are used in bakery and confectionary products in the food and beverage industry. Thus, rapid production and consumption of these products will continue to boost fortified egg sales over the next ten years,” says a lead analyst at Future Market Insights.

Who is Winning?

The market participants in the Fortified Eggs market are using a variety of development strategies to increase their market share, increase profitability, and remain competitive.

Clover Stornetta Farms, Inc., Eggland’s Best, Inc., Oakdell, NutriPlus, Boulder Brands USA, Inc., Farm Pride Foods Ltd., Vital Farms, Wilcox, Organic Valle, and Nutrigroupe etc. are among the key players profiled in the report.

Get More Valuable Insights

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

The study divulges compelling insights on the Fortified Eggs based on Micronutrients (Vitamins, Folic Acid, Vitamin D, Omega-3 fatty acids, Others), by End Use Application (Bakery, Confectionery, Beverages, Dairy Products, Processed Food, Food Service, and Retail Others (Pet Food, etc.)), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

Fortified Eggs Market by Category

By Micronutrients:

• Vitamins
  • Folic Acid
  • Vitamin D
• Omega-3 fatty acids
• Others

By End Use Application:

• Food Processing
• Food Service Industry
• Retail/Household
  • Modern Trade
  • Traditional Grocery Stores
  • Convenience Stores
  • Specialty Stores
  • Online Retail
  • Wholesale Stores
  • Other Sales Channel

By Region:

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

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Frequently Asked Questions

• What is the current size of the global fortified eggs market?
• At what rate will the fortified eggs market grow?
• What is the expected value of the fortified eggs market by 2032?
• What are the key factors driving the fortified eggs market?
• Which is the most lucrative region in fortified eggs market?
• What are the key strategies adopted by major players of fortified eggs?
• Who are the key players in the fortified eggs 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 cheese analogue market is anticipated to grow from US$ 2.1 Bn in 2022 to US$ 3.9 Bn by 2032, with sales accelerating at 6.3% CAGR throughout the forecast period. Rising demand for cheese alternatives across various end use sectors is a key factor boosting sales of cheese analogue in the market.

In recent years, there has been a shift toward plant-based dairy alternatives. The plant-based dairy industry is predicted to grow rapidly. Because counterfeit cheeses are made by replacing milk fat and protein with vegetable-based ingredients like oils and starch, they are less expensive than traditional cheeses.

Furthermore, because the product is manufactured utilising various additives, these cheeses do not require a ripening stage, which lowers the initial capital cost of building a production unit.

Vegans can enjoy non-dairy cheese analogues, often known as plant-based cheese analogues (PBCAs). These cheeses are thought to have textural quality traits that range from undesirable to passable. They don’t quite match the physical sensory characteristics of traditional cheese, but some researchers are attempting to achieve the right texture properties by using just plant-based ingredients.

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Similarly, surge in the number of lactose intolerant people and growing awareness about the potential benefits of cheese alternatives, especially across emerging economies will boost growth in the global cheese analogue market during the forecast period.

Key Takeaways from Market Study

• By type, plant-based cheese analogue segment will continue to dominate the global market during the forecast period.
• Based on distribution channel, the B2C segment will contribute most to the global cheese analogue market.
• North American cheese analogue market is expected to register 5.8% CAGR between 2022 and 2032.
• The cheese analogue market in Japan will grow at 7.6% CAGR between 2022 and 2032.
• Demand for cheese analogues in India is anticipated to rise at a CAGR of 8.7% during the assessment period.

“Veganism has become more popular in recent years due to a number of factors including an increase in the number of people with lactose intolerance, people’s concern for animal welfare, and the trend of veganism represented by athletes and Hollywood stars. This aspect is anticipated to boost demand for cheese substitutes” said a lead analyst at FMI.

Business to Consumer Models are Trending Significantly in Food and Beverage Market

Importance of Business to consumer (B2C) models is increasingly in the food and beverage segment, which allows producers to get insights into consumers’ behavior. When implemented well, this model allows higher margins to producers. Additionally, the growth in B2C has been driven by the fact that buyers are demanding a better experience, and personable service.

B2C allows companies to build a direct relationship with the consumer that would not be available through other channels. The specialty stores and online retailing are helping manufacturers to identify the new upcoming trends and improvise the product according to the consumer’s demand.

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Who is winning?

Some of the leading companies offering Cheese Analogue are Groupe Lactalis, Daiya Foods Inc., Miyoko’s Kitchen, Inc., Lyrical Foods, Inc., Whitehall Specialties Inc., Bute Island Foods Inc., Blendhub Corporation Group, Ingredion Inc., Ornua Ingredients, MCT Dairies, Inc, A.I.F. Ingredients, and Others.

Cheese Analogue Market By Category

By Type:

• Dairy-based Cheese Analogue
• Plant-based Cheese Analogue
• Partial Dairy-based Cheese Analogue

By Form:

• Liquid
• Slices
• Cubes/Blocks
• Shredded
• Powder
• Spreadable

By End Use:

• Retail / Household
• HoReCa
• F&B Industry

By Distribution Channel:

• B2B
• B2C
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Traditional Groceries
  • Online Retailers

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Frequently Asked Questions

• How big is the cheese analogue market?
• At what rate will the global cheese analogue market grow?
• What is the projected valuation for cheese analogue market?
• At what rate will the demand for cheese analogue grow in Europe?
• What is the North America cheese analogue market outlook?
• At what rate will cheese analogue market grow in Japan?
• How will growth unfold in Indian market?
• Who are the key players operating in the global cheese analogue market?

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Worldwide dry sweeteners market request is expected to be esteemed at US$ 4,200. Millions of every 2022, estimate a CAGR of 6.5% to be esteemed at US$ 7,884 Million from 2022 to 2032. Development is credited to the rising interest for bread kitchen items. From 2016-2021 a CAGR of 4.1% was enlisted for the dry sweeteners market.

Dry sweeteners are sweetening agents that are mostly used in the bakery and confectionery for the preparation of the cookies, cakes, muffins, bread, and nut coatings. Dry sweeteners comprise of malt, raisins, dry honey, fruits sugars, molasses that can replaces liquid or raw sweeteners efficiently and effectively. Dry sweeteners mainly come in flake, powder and crystal form depends on the use of the sweetener in the industry.

Dry Sweeteners Market: Drivers & Restraints

Rising use of confectionery and food products in the food parks, dairy and HoReCa (Hotel, Restaurants, and café) is the key drivers for the growth of the global dry sweeteners market. Additionally, the increasing decorative features in the baking industry and other food industries is expected to increase the demand for dry sweeteners in forecast years. Dry Sweeteners can be used as a decoration by spreading on baking recipes before or after Baking. Dry sweeteners used to add shape, quality, and taste of the food products in food and confectionery industry. Change in life style and increase in disposable income is increasing the consumer base for food industry, this in turn, is expected to increase the demand for dry sweeteners in near future.

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Furthermore, unstable demand and supply ratio is expected to restrain the market growth of dry sweeteners. Lack of awareness in developing economies and fluctuating prices of raw materials are expected to hinder the market growth across the forecast period.

Dry Sweeteners Market: Regional outlook

Based on geography, dry sweeteners market has been categorized into seven key regions i.e. North America, Western Europe, Japan, Asia Pacific excluding Japan, Eastern Europe, and Middle East and Africa. The dry sweeteners market is expected to register healthy growth during the forecast period as the food and beverages market is growing globally. The Asia Pacific represents the considerably high market share and growing with a higher growth rate as the food and beverages market is growing rapidly in the region.

Moreover, North America and Western Europe are growing market with a stabilized rate attributed to the high capita income and changed in lifestyle of the consumers. The dry sweeteners market is steadily increasing with the increasing demand of the confectionery and bakery foods across the globe. The Dry sweeteners market is expected to grow in the forecast period.

Dry Sweeteners Market: Key Players

Some of the major players in the dry sweeteners market are listed below.

• Archer Daniels Midland Company
• Sweeteners Plus
• Marroquin Organic
• Nordic Sugar A/S
• Cargill, Incorporated
• Royal Ingredients Group
• Tereos Starch & Sweeteners s.a.s.
• Health Care Products Ltd
• Malt Products Corporation
• Jimbo’s Naturally
• Other players

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Dry Sweeteners Market: Market Segmentation

Dry sweeteners market is segmented into different segments based on the product type, application type, form type, and geography. Among application type, dry sweeteners for the decorative purpose in the bakery industry is leading with maximum market share. Furthermore, second largest consumption of drysweetners is in the confectionery foods which maintains the second position in the market. Use of dry sweeteners in food and dairy industry is expected to grow across the forecast period attributed to increase in consumer base as the population is increasing across the globe. The dry sweeteners come in the different forms as like powder, crystal, and flake.

Based on the product type the dry sweeteners market is segmented into:

• Malt
• Raisins
• dry honey
• Fruits sugars
• Molasses
• Other dry sweeteners

Based on the application type the dry sweeteners market is segmented into:

• Confectionery
• Bakery
• Dairy

Based on the form type the dry sweeteners market is segmented into:

• Powder
• Crystal
• Flakes

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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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As per Future Market Insights’ latest industry analysis, the U.S. animal model market was valued at over US$ 921.9 Mn in 2021 and is anticipated to exhibit a CAGR of close to 4.1% over the forecast period (2022-2032).

Animal models are predominantly used to gather information regarding the disease and its prevention, diagnosis, and treatment. They are being used to resolve a wide range of scientific concerns, ranging from basic science to the discovery and evaluation of new vaccines and therapies. Animals are used because of the similarities in biology across most mammals.

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Personalized medicine is also known as precision medicine which utilizes data about a specific patient or an individual’s genes to plan treatment for a disease. Animal models can play important role in the development of new approaches for personalized medicine. Increasing adoption of personalized medicine will drive sales of animal model in the forthcoming years.

Toxicity testing in animals is done to discover potential side effects from an agent’s exposure and to generate dose-response relationships. Animal testing is important for the early detection of the potential risk to humans or as models to study the causes, pathogenesis, progression, and treatment of diseases.

Organizations and legislations such as the Federal Food, Drug, and Cosmetic Act (FFDCA), Environmental Protection Agency (EPA), Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), and Organization for Economic Co-operation and Development (OECD) determine the testing guidelines for toxicity testing on animals.

Some factors such as the high production volume of chemicals testing in the U.S., increasing generation and utilization of novel GM animal strains in toxicity studies, and the development and attempted validation of several animal tests to screen chemicals for endocrine (hormone)-disrupting activity are expected to drive the growth in the market.

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Key Takeaways:

• Based on species, the mice model segment is expected to hold nearly 62.6% of the total market share 2022, with sales growing at a 5.1% CAGR.
• In terms of therapeutics, the oncology accounted for more than 32.0% of the total market share in 2021, and the trend is expected to continue over the forecast period.
• By application, sales in the drug discovery/development segment commanded 65.4% of the total market share in 2021.
• Based on end user, the academic & research institutes segment accounted 36.6% of the total market share in 2021.

Key Players:

• Charles River Laboratories
• The Jackson Laboratory
• Taconic Biosciences, Inc.
• Genoway
• Envigo (Inotiv, Inc.)
• Marshall BioResources
• Janvier Labs
• Applied stem cells
• Biocytogen
• Transposagen Biopharmaceuticals, Inc. (Hera Bio Labs)
• Cyagen
• Ingenious targeting labs
• Crown Bioscience Inc. (JSR Corporation).
• Harbour Biomed
• Sinclair Bio Resources
• Alpha Genesis Inc.
• Creative Animodel
• DaVinci Biomedical Research Products, Inc

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Market Competition

Key players operating in the U.S. animal model market are expanding their business through partnerships and acquisitions with other companies to improve their global footprint. Following are a few examples of acquisitions:

• In October 2021, The Jackson Laboratory completed the acquisition of Charles River Laboratories Japan’s Research Models & Services (RMS), which allows advancement in the company’s scientific improvements in basic research and drug discovery.
• In November 2021, Inotiv, Inc., which is a leading contract research organization (CRO) completed its acquisition of Envigo RMS Holding Corp. to expand its R&D sector.
• In February 2021, Biocytogen completed the acquisition of a third Beacon Optofluidic system. This acquisition expanded Biocytogen’s service platform in the Boston area.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the animal model market in its latest study, presenting a historical demand assessment of 2017–2021 and projections for 2022– 2032.

The research study is based on the species – (rats, mice, pigs, rabbits, monkeys, dogs, cats, other species), therapeutics- (metabolic diseases, cardiovascular diseases, neurological diseases, and oncology), application (drug discovery/development and basic & applied research) end-user (academic & research institutes, pharmaceutical companies, biotechnology companies, and CROs) and across seven key regions of the world.

Future Market Insights’ Expertise in Life Sciences and Transformational Health

Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations.
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:
Future Market Insights,
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
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