The consumer F&B industry is witnessing a paradigm shift in terms of consumer products and ingredients, as manufacturers seek to align their products with the changing consumer interests and lifestyles. The need for innovati ....see more
The global meat products market is projected to reach USD 44.3 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period. Prominent industry players, including Cargill (US), Hormel Foods Corporation (US), Verde Farms (US), Lopez Foods, Inc (US) wield substantial influence in the meat products market. These entities boast robust manufacturing facilities and well-established distribution networks across pivotal regions such as North America, Europe, South America, and the Asia Pacific, ensuring a widespread presence and accessibility of their products.
The global Fruit Fillings market is projected to reach USD 3.8 billion by 2028, at a CAGR of 4.6% during the forecast period. The key players in this market include Puratos Group (Belgium), Dawn Food Products Inc. (US), Agrana Beteiligungs- AG (Austria), CSM Ingredients (Luxembourg), Bakels Worldwide (Switzerland), Barry Callebaut (Switzerland), Andros Group (France), Zentis Gmbh & Co. KG (Germany), Rice & Company Inc. (US), and Fruit Filling Inc. (US).
The gluten-free products market size is expected grow USD 8.3 billion by 2025, at a CAGR of 8.1% during the forecasting period. The market also consists of SME’s and start-up players, which include Katz Gluten Free (US), Genius Foods (UK), Chosen Foods LLC (US), BFree (Ireland), Mickeys LLC (US), Rachel Pauls Food (US), Gee Free LLC (US), Fody Foods (Canada), Gluten-free Prairie (US), Gluten Free Cornwall (UK), Feel Good Foods (US), Canyon Bakehouse LLC (US), Barr Necessities (US), Avena Foods Limited (Canada), and Complete Start (US).
The Lactose-Free Products Market is expected to grow from USD 12.1 billion in 2020 to USD 18.4 billion by 2025, at a CAGR of 8.7% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as The Coca-Cola Company (US), GCMMF (India), Nestle (Switzerland), Danone Company S.A (France), Valio Ltd. (Finland), General Mills (US), Johnson & Johnson Services, Inc. (US), Lifeway Foods Inc. (US), LALA U.S (US), Dean Foods (US), Organic Valley (US), Dairy Farmers of America (US), Shamrock Foods (US), Saputo Inc. (Canada), Prairie Farms Dairy (US), Agri-Mark, Inc. (US), Smith Foods, Inc. (US), Meggle Group GMBH (Germany), Drums Food International Pvt Ltd. (India), and Granlatta Societa Cooperative Agricola ARL (Italy).
The extruded snacks market is expected to grow from USD 48.3 billion in 2019 to USD 65.2 billion by 2026, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.Many domestic and global players provide extruded snacks of various types across the world. Major manufacturers have their presence in the North American and European countries. Key players operating in this market include Calbee, Inc. (Japan), PepsiCo, Inc. (US), Kellogg Company (US), Campbell Soup Company (US), General Mills, Inc. (US), ITC Limited (India), Grupo Bimbo, S.A.B. de C.V. (Mexico), Old Dutch Foods Inc. (US), Lorenz Snack-World (Germany) , Amica Chips S.p.A. (Italy), Universal Robina Corporation (Philippines), Balance Foods, Inc. (US), JFC International (US), Ballreich Snack Food Company (US), Barrel O’ Fun Snack Foods Co., Inc. (US), Chipita S.A.(Greece), Tropical Heat (Kenya), Griffin’s Foods Limited (New Zealand), ICA Foods International (Italy), and San Carlo (Italy).
The nutraceutical products market is expected to grow from USD 267.4 billion in 2019 to USD 404.8 billion by 2025, at a compound annual growth rate (CAGR) of 7.2% during the forecast period.The nutraceutical products market is projected to reach USD 404.8 billion by 2025 and was estimated at USD 267.4 billion in 2019, recording a CAGR of 7.2% from 2019. Key factors driving the nutraceutical products market include the increasing aging population and focus on preventive healthcare. In addition, increasing mandates pertaining to food fortification by government organizations is projected to reflect positively on the market growth.
The market size is projected to reach USD 51.31 Billion by 2021, at a CAGR of around 4.0% from 2016 to 2021. The global flavored syrups market has grown exponentially in the last few years. Emerging countries such as China, Thailand, and Singapore are the primary targets of the industry. Increasing consumer demand for a variety of flavors in food products, personalized flavor options and product variety, and increasing consumer preference towards convenience foods & ready-to-eat products are some of the major driving factors for this market.
Round the globe, people have been consuming fermented tea for many years, giving it different names and admiring its probiotic benefits and its energizing taste. Kombucha, a kind of health drink, is made by fermenting tea and sugar with the microbial culture (which includes yeast, bacteria, and mold). The global market for kombucha has grown exponentially in the last few years. In terms of value, the market is projected to reach USD 1.8 Billion by 2020, at a CAGR of 25.0% from 2015 to 2020.
The mushroom market, in terms of value, is projected to reach $50,034.12 million by 2019, at a CAGR of 9.5% from 2014. The growth of the mushroom market is primarily triggered by factors such as a rise in the consumption of processed food and growing awareness about health and wellness. Also, R&D and innovations to enhance applicability and continuously improving technologies to increase their shelf-life are projected to drive this market.
The RTD tea and coffee is the sub group of soft drinks, but differs in the function with proven health benefits. The market for RTD tea and coffee is growing exponentially. Various types of RTD tea and coffee products are introduced in the market to serve the wide consumer base spread across geographies. For further expansion young adults and health conscious consumers are targeted. Various nutraceutical ingredients are being incorporated to make them more functional. Asia-Pacific is the most dominating market whereas North America is the fastest growing RTD tea and coffee market.
Global demand for sports and energy drinks is growing at a CAGR of more than 10%. Rising health awareness among consumers is playing a major role in the popularity of this beverage. Companies such as Coca-Cola, Pepsi, GlaxoSmithKline and Red Bull are innovating constantly and adding new products to this niche segment.
This report highlights the basic structure of the global baby food market and its various sub-products, such as baby cereals, bottled baby foods, frozen baby foods, baby snacks and baby soups. These individual markets are further broken down into their respective sub segments based on products, ingredients, target age group and the health benefits of each product.