Food and Beverages Industry Reports: 2020

Monday, 31 August 2020

Gluten-free Pizza Crust Market Trends and Growth Drivers and Opportunities

The global Gluten-Free Pizza Crust Market size is anticipated to reach USD 3.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% over the forecast period. Increase in the impact of western culture and rise in disposable income are some of the factors for the growth of the market. Rise in the number of pizza outlets may lead to the market growth in the upcoming years.

Growing awareness related to health among people and increase in the prevalence of celiac diseases are expected to be the major factors driving the market for gluten-free pizza crust. It was surveyed that 1 in 20 Americans are diagnosed with gluten sensitivity, which may cause severe health problems. It is essential to make changes in the diets and food habits in order to decrease the occurrence of celiac disease. Thus, the bakery industry manufacturers have been developing different gluten-free pizza crust products. Pizza consumption is maximum in regions like North America and Europe.

North America held the largest share and generated a revenue of USD 692.7 million in 2018. The growth of market is attributed to rising awareness among consumers related to the benefits of having no gluten in the pizza crust products. Many innovative and new flavor products are launched, which may lead to the market growth.

For instance, in 2018,Schwan's Consumer Brands, Inc. launched two new and innovative flavors of Freschetta Gluten Free Pizza during an awareness program related to celiac diseases. Tuscan style chicken and spinach and roasted mushroom ae the tow new flavors that make people not to change their taste due to different health conditions. This Freschetta Gluten-free Crust has been certified by the National Celiac Association for providing unique flavors, while considering health of people.

Asia Pacific is the fastest growing region, expanding at a CAGR of 7.1% during the forecast period. India has over half of the population that is beneath the age of 30 and is known to have the most significant young generation, thereafter China, Indonesia, and U.S. Young population may be the reason for the growth of the market during the forecast period.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/gluten-free-pizza-crust-market

Further key findings from the report suggest:

By product, the conventional segment held more than 65.0% share of overall revenue in 2018. The organic segment is anticipated to ascend at a CAGR of 6.9% over the forecast period
Based on end use, the retail segment was valued at USD 713.2 million in 2018 and is projected to exhibit high growth in the next few years
U.S. emerged as the biggest consumer of gluten-free pizza crust in 2018 and is expected to witness significant growth over the forecast period
The gluten-free pizza crust market is highly competitive with the leading players including Udi's Gluten Free, Glutino, King Arthur Flour, Namaste Foods, Nu Life Market, Bob's Red Mill, Cup4Cup, and Vicolo
North America dominated the global market in 2018, accounting for 35.0% share of the global revenue. This trend is projected to continue over the next few years
Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

About Us:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Dairy Alternatives Market Trends, Research, Analysis, Key Players, Scope and Outlook Report

The global Dairy Alternatives Market size is expected to reach USD 41.06 billion by 2025 at a 16.7% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Increasing occurrence of milk allergies among consumers is likely to be a key factor driving the market.

Increasing popularity of almond milk, owing to high protein, fiber, lipids, and energy content, is projected to drive its demand. Better taste and texture offered by almond milk as opposed to its counterparts is likely to offer a competitive advantage for the product over the forecast period. Furthermore, almond milk helps regulate blood pressure and offers benefits to heart, kidney, and skin, which is likely to increase its popularity over the coming years.

The most common non-dairy product consumed in the market is soy milk, which was also the largest product segment in 2017, accounting for over 63.0% of the total market. Soy milk contains isoflavones, which reduce the risk of breast cancer and heart diseases, and is likely to gain popularity, especially among women and elderly consumers.

Going forth, growing demand for plain unsweetened dairy alternatives for food and beverage applications is likely to have a positive impact on industry growth over the projected period.

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Further key findings from the report suggest:

By product, the soy milk segment is projected to ascend at a CAGR of 15.8% in terms of revenue over the forecast period
On the basis of application, beverages dominated the dairy alternatives with a global revenue share of over 58.0% in 2017
Plain dairy alternatives are a key segment in the industry and the segment is projected to expand at a CAGR of over 15.0% from 2018 to 2025, in terms of volume
Changing dietary habits of consumers have led to growing acceptance of vegan diet, which, in turn, is likely to have a positive impact on market demand over the next few years
Asia Pacific dominated the industry and accounted for over 50.0% of the market in 2017. According to the National Institutes of Health, over 80% of the population in Southeast Asia suffers from lactose intolerance. As a result, demand for dairy alternative products to replace cow’s milk is likely to have a positive impact on industry growth
The dairy alternatives market is highly diversified as players are expanding their product portfolio and production capacity to serve the growing demand, particularly in emerging regions
Some of the key companies in the industry are Archer Daniels Midland Company; Hain Celestial Group, Inc.; Daiya Foods Inc.; WhiteWave Foods Company; Nutriops SL; SunOpta Inc.; and Earth’s Own Food Company.

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Mannitol Market Growth, Trends, Opportunities and Forecast, 2024

The global Mannitol Market is expected to reach USD 418.3 million by 2024, according to a new report by Grand View Research, Inc. Increasing demand for confectionery and bakery products such as candies, chewing gums and lozenges is expected to drive the market growth.

Mannitol is used for coating these products and also has less calorie content compared to sugar. It is widely used in sugar-free products on account of its non-hygroscopic nature and is also consumed primarily by patients suffering from diabetes.

Rising geriatric population base who do not have ready access to water at times, use mannitol-derived chewing gums. Such a trend is expected to aid the overall market over the forecast period. Owing to properties such as cooling sensation in the mouth, good aqueous solubility and lesser sensitivity towards humidity, mannitol is widely used in food grade application.

However, excessive consumption of mannitol may cause laxative effect among human beings. Such a trend is anticipated to negatively impact the global demand along with its prices over the future years.

Various regulations have been issued by European and the U.S. governments such as E421, which have been favorable to the industry growth over the next eight years. Moreover, there have been lots of technological advances in recent past to produce cheaper raw materials such as inulin which is a polymer of fructose and derived from plant tubers. These are expected to create new avenues for industry participants.

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Further key findings from the report suggest:

The global mannitol market demand was 16.6 kilo tons in 2015 and is expected to reach 35.9 kilo tons by 2024, growing at a CAGR of 9.0% from 2016 to 2024
Food additive emerged as the leading application segment and accounted for 36.9% of total market volume in 2015. Increasing demand for low calories sugar on account of growing health awareness is expected to drive this segment over the forecast period.
Pharmaceutical is presumed to be the fastest growing application segment at an estimated CAGR of 9.6% from 2016 to 2024. Mannitol is used as excipients in pharmaceutical tablet formulation and also helps in treating diseases related to kidney & brain.
Asia Pacific emerged as the most dominant regional market in 2015 and held over 60% of global demand for the same year. Changing lifestyle coupled with the prevalence of diseases related to sugar consumption in China, Japan and India are expected to benefit the regional market.
Key companies in the industry include Roquette, Cargill, SPI Polyols, Inc., SPI Pharma, Bright Moon Seaweed, Singsino Group Ltd., Hebei Huaxu Pharmaceutical Co., Ltd, EMD Millipore and Moga International Ltd. The market witnesses’ different dynamics regarding market strategies, M&As, and product diversification.

Monday, 17 August 2020

Dried Berries Market Size Worth $44.12 Billion By 2025 | CAGR: 5.8%

The global Dried Berries Market size is expected to reach USD 44.12 billion by 2025, according to a new report by Grand View Research, Inc. It is projected expand at a CAGR of 5.8% during the forecast period. Rising health concerns and inclination of people towards healthy food are the key factors driving the growth.

Dried berries are the desiccated form of the original fruit, which have been drained through natural or artificial sources to increase the shelf-life of the berries. Many of these dried berries like blueberries and grapes are considered to be superfoods as they are rich in antioxidants, vitamin C, vitamin K, iron, potassium, and soluble dietary fibers. Dried berries are often consumed as nutritional supplements and are also used in personal care products, to treat various hair and skin related problems including aging, acne, and hair thinning among others. For instance, acai berries are rich in zinc which helps strengthen hair and they also have anti-inflammatory properties that help treat acne infection.

Rise in preference for organic ingredients, such as strawberries, blackberries, and blueberries in personal care products appears to have set new standards in the cosmetic industry thereby fueling the demand for dried berries. For instance, The Face Shop uses blueberry extracts to manufacture a variety of skincare products focusing on anti-aging properties of the dried fruit.

A key trend that has imparted a robust momentum to dried berries market is the growing appeal of natural and non-toxic claims made by increasing production of baby food and frozen desserts by the manufacturers like Amul, Mother Dairy, PediaSure, Naturals, and Nestle in various developing countries. For instance, Nestle manufactures Cerelac, a baby food product available in multiple flavors. Gerber Organic Puree baby food, is another Nestle product made using blueberry as its main ingredient.

Inflating demand for dried berries, especially for raisins and blueberries from Europe, can be attributed to increasing use in baked food, confectionery, and cereal and health bars categories. Over the past few years, growing acceptance of organic food products, especially among aging population, coupled with changing lifestyle of consumers due to increasing awareness about health needs has led to a substantial growth of the market. Bakery and confectionery segment is anticipated to expand at a CAGR of 5.5% over the forecast period. Cereals and snack bars segment, on the other hand, is projected to register the fastest CAGR of 6.5% during the forecast period.

Asia Pacific is anticipated to offer abundant growth prospects in near future thus, is expected to be the fastest growing region in dried berries market. Countries such as India and China use dried grapes or raisins and gooseberries for ceremonial purposes whereas South Korea and Japan are known to use such products aesthetically; hence the region is expected to represent nearly 20.20% of the global market share by 2025.

Dole; Lion Raisins Inc.; Bergin Fruit and Nut Company Inc.; Del Monte Foods, Inc.; Graceland Fruit; Shoreline Fruit, LLC; Royal Nut Company; CAL-SAN Enterprises Ltd.; and Karen's Naturals are a few to name in this market. Diet snack is a rapidly growing segment of the food industry. Nowadays, consistent growth requires a complete understanding of the constantly evolving consumption trends.

Snack foods such as cookies, chocolates, savory snacks, and biscuits are popular among consumers of all age groups. Companies such as Haldiram’s, PepsiCo, Lays, and Cadbury have a large market penetration compared to others in snack food industry. For instance Quaker uses oats along with dried berries, nuts, and dark chocolate to process diet bars for health conscious consumers. Apart from this, Haldiram’s uses raisins to prepare Khatta-Meetha namkeen which is a popular savory snack in India.

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Further key findings from the report suggest:

In terms of region, North America is projected to generate USD 13.92 billion in terms of revenue by 2025
The other product type held 13.28% of the total market share in 2018 and is projected to exhibit a slight increase over the next few years
Asia Pacific is anticipated to witness the fastest CAGR of 6.7% during the forecast period
Countries like U.S., U.K., and Germany have showcased increasing usage of dried berries for manufacturing different food products, owing to rising awareness regarding the health benefits of dried berries
The dried berries market is highly competitive in nature with the main players including Dole; Lion Raisins Inc.; Bergin Fruit and Nut Company Inc.; Del Monte Foods, Inc.; Graceland Fruit; Shoreline Fruit, LLC; Royal Nut Company; CAL-SAN Enterprises Ltd.; Karen's Naturals; Kiantama Oy; Meduri Farms; True Blue Farms; Helsu International BV; and Oregon Berry Packing, Inc.

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Caviar Market Size is Projected to Register 8.7% CAGR till 2025

The global Caviar Market size is expected to reach USD 496.3 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 8.7% over the forecast period. Increasing use of caviar as seasoning or to sprinkle it on various food items such as pizza, burgers, sandwiches, ice cream, along with associated health benefits, is expected to propel the market demand over the forecast period.

Asia Pacific has been the fastest growing regional market in the world owing to increase in imports and exports, rapidly developing economies, and availability of a variety of fishes in the region. The market in Asia Pacific is anticipated to gain momentum due to high demand from developing countries like Japan and China.

The industry is witnessing rapid growth as caviar and related products have found wide applications in different sectors. The profitability aspects and rising demand from the consumers to compensate for their nutrient deficiencies are likely to attract new players and eventually benefit the market expansion.

Use of caviar in cosmetic products and health supplements is the latest trend in the market, which enables custom manufacturers to meet the desired product specifications by the customers. Restaurants has been the largest application segment for this product, wherein caviar is used in different food items, which not just improves taste but also makes them healthy.

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Caviar Market Report Highlights

Europe is expected to expand at a CAGR of 8.2% from 2019 to 2025, owing to high spending ability of the consumers and rise in health consciousness
In China, sevruga accounted for the largest share of 27.8% in 2018 on account of their high imports and exports. This product is used as a seasoning agent, health supplement, and consumed as a premium delicacy
The Caviar market in the U.S. is projected to exhibit a CAGR of 8.8% from 2019 to 2025, wherein the major share is held by The Caviar Co., California Caviar Corp., and few other companies
Restaurants accounted for 72.2% share in Germany with a revenue of USD 19.3 million in 2018
Product innovation, along with formation of alliances with distributors located in the developing economies including China and India, is projected to provide the competitive edge to the manufacturers in the near future

Thursday, 13 August 2020

Healthy Snacks Market Report 2025- Industry Growth, Opportunities, and Forecast

The global Healthy Snacks Market size is expected to reach USD 32.88 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% during the forecast period. Increasing awareness regarding health and wellness benefits offered by the product among consumers is likely to be a key trend driving the market.

The consumption of healthy snacks is growing on account of their ability to meet various dietary requirements such as sugar-free, low salt content, and low cholesterol levels. However, high cost of production due to volatile prices of raw materials is expected to negatively influence the growth of the market over the forecast period.

Growing purchasing power parity, which has increased immensely in the past few years, is anticipated to fuel the demand for meat snacks in the upcoming years. This factor, in turn, is projected to boost the growth of the market during the forecast period.

Europe is the leading regional market in the healthy snacks market. A wide base of youth population in the region along with high spending power of the populace is stoking the growth of the regional market. Healthy snacks provide grab-and-go option coupled with convenience to meet the needs of customers.

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https://www.grandviewresearch.com/industry-analysis/healthy-snack-market

Further key findings from the report suggest:

In terms of revenue, the meat snacks segment is projected to expand at a CAGR of 5.4% over the forecast period
Cereal & granola bars dominated the healthy snacks market with a global revenue share of over 36.0% in 2018
Companies in Europe are focusing on increasing sales of healthy snacks by attracting more customers with innovative and eye-catching products
Rising consumption of dried fruit snacks by customers due to changing lifestyles is likely to fuel growth over the next seven years
Market players are focusing on developing healthy snacks in compliance with stringent USFDA and EU standards, especially in North America and Europe
Emerging economies such as India, China, Brazil, Indonesia, and Malaysia are witnessing a paradigm shift in consumer buying behavior due to rising national income and its benefits on disposable income of households
Major industry players aim to achieve optimum market growth and strengthen their presence through various market expansion strategies such as new product development, joint-ventures, and acquisitions
Some of the key companies present in the industry are Nestlé S.A.; PepsiCo, Inc.; The Kellogg Company; Tyson Foods, Inc.; General Mills, Inc.; Mondelēz International; Hormel Foods Corporation; Kind LLC; and Select Harvests.

Monday, 20 July 2020

Kosher Beef Market Analysis, Trends and Industry Size, Forecasts Till, 2019-2025

The global Kosher Beef Market size is expected to reach USD 248.93 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 3.3% during the forecast period. Increasing demand for kosher food in North America and Europe is anticipated to drive the growth. The Jewish cuisine has evolved to become the hottest food trend in countries like U.S., Canada, France, U.K., and Germany. Organizations operating in food service industry have picked up on this trend with myriads of diners, pizzerias, cafes, cafeterias, bakeries, caterers, and butchers serving kosher food products including beef.

In Israel, food franchisees including, Sbarro, KFC, and McDonald’s offer kosher beef products. Various other multinational food franchises such as Suway, Dunkin’ Donuts, and Krispy Kreme in U.S. have expanded their product portfolio with kosher beef variants. In January 2014, Golden West Food Group, California introduced Glatt Kosher beef under its brand Certified Angus Beef. The product undergoes two levels of certification, Orthodox Union being one of them.

In April 2016, Migrator, a Russian meat giant, became the first company outside of North America to be certified with Certified Angus Beef. The company is also leading a huge project on legal classification and certification of beef marbling. Organizations have been launching new kosher beef products rapidly. Even bacon-a non-kosher food-has been redesigned. Jack Gourmet’s, a Brooklyn based kosher meat providing organization has been providing cured-beef sausages since 2015 under the name Facon. The process of preparation remains similar to pork sausages and the product tastes fairly similar as well. Similarly, KOL Foods, an organic kosher beef distributor offers beef bacons. The organization sells it with the unique selling proposition of it being less fatty thus, healthier.

Immense support from different governments plays a crucial role in promoting the demand for kosher beef products. Companies from across the globe have come up to grant hechsher to packaged beef. Some of these certifications are Orthodox Union, Organized Kashrut, and Kashrut Division of the London Beth Din.

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Further key findings from the report suggest:

Neck, chuck, and shoulder cut segment is expected to generate a revenue of USD 84.57 billion by 2025
B2B application segment accounted for more than 50% of the global kosher beef market in terms of revenue in 2018
Online distribution channel is projected to exceed a market share of 15% in terms of revenue by 2025
Asia Pacific is expected to foresee a CAGR of 2.6% in terms of volume from 2019 to 2025

Friday, 17 July 2020

Vanillin Market: Industry Analysis and Trends, 2025

The global Vanillin Market size is expected to reach USD 724.5 million by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of food & beverage products has been a key factor driving market growth, globally. In addition, robust growth in various end-use industries such as food & beverage, fragrance, cosmetics, and pharmaceuticals is also fueling the demand.

Vanillin is an essential aromatic compound extensively used to enhance the aroma and flavor of the different end-use products. Vanilla beans constitute pleasant smell, that occurs naturally in vanilla beans. It is widely used as a flavoring agent in food products and aromatic additives for incense, perfumes, medicines, candles, and air fresheners. Due to the ability to enhance flavor in food products coupled with low-calorie content and high availability of antioxidants in vanillin, its demand from the food & beverage segment is anticipated to increase over the forecast period.

Food & beverage accounted as the largest end-use segment in 2016 and is anticipated to grow significantly over the upcoming years. Growing demand for various food products is encouraging manufacturers to produce vanillin products from a sustainable source.

The fragrance segment is expected to witness the fastest growth in terms of volume over the forecast period with an estimated CAGR of 6.0% from 2017 to 2025. Increasing consumer spending on beauty and personal care products along with growing usage of aromatic products in various fragrance application products are anticipated to fuel the growth of the vanillin market over the forecast period. In addition, increasing usage of fragrance products in emerging economies such as India, China, the U.S., and Brazil is expected to increase the demand further.

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Further key findings from the report suggest:

The global vanillin demand was 18,653.9 tons in 2016 and is expected to grow at a CAGR of 6.2% from 2017 to 2025. Food & beverage emerged as the largest end-use segment in 2016 and is estimated to generate revenue worth USD 448.5 million by 2025.
Global demand in fragrance was USD 106.6 million in 2016 and is anticipated to witness staggered growth over the next eight years. The U.S. market in the pharmaceutical segment was 446.7 tons in 2016 and is estimated to reach a total volume of over 617.7 tons by 2025
The industry in the Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in various end-use industries, especially in the food & beverage market. In terms of revenue, the APAC market is expected to grow at a CAGR of 7.6% from 2017 to 2025
Key players including Evolva S.A., Solvay S.A., International Flavors Fragrances, Inc., De Monchy Aromatics and Comax Flavors dominated the global market while accounting for over half of the total volume in 2015

Related Reading @ https://www.grandviewresearch.com/blog/vanillin-market-size-share

Tuesday, 9 June 2020

Snack Bars Market Size Worth $31.60 Billion By 2025 | CAGR: 6.64%

The global Snack Bars Market size is projected to reach USD 31.60 billion by 2025 expanding at a CAGR of 6.64% from 2019 to 2025, according to a new report by Grand View Research, Inc. Changing consumer lifestyles and food patterns are expected to drive the demand for convenient food products, such as snacks bar. The richness of fiber and iron in granola/muesli bars has made it the dominant product segment of the global market. Whereas, increasing awareness about the health benefits offered by energy and nutrition bars lists it as the fastest-growing product segment.

Supermarkets/hypermarkets hold the dominant market share as these stores have a variety of products at discounted prices. However, the online distribution channel is projected to emerge as the fastest-growing segment over the forecast period. Developed countries, such as U.S, Japan, and China, have well-established markets for healthy bars. On the other hand, emerging countries like India can offer new growth opportunities for the global market. Increasing population and awareness regarding health and fitness programs is also likely to boost the market.

Business expansions and product launches are the major strategies adopted by key companies in this market. For instance, a Russian company called Bio Food Lab will expand its business in emerging countries of APAC. Kellogg’s launched special K-bars. Availability of substitutes of these nutritious foods in the market may have a negative impact on the market growth. North America is the dominant regional market followed by Europe.

Asia Pacific is said to be the fastest-growing region due to rising popularity of sports as career option and increasing disposable income and number of nuclear families in the region. Companies such as Quaker Oats, Kellogg’s, Nature Valley have a prominent share in the market Manufactures are focusing upon improving a variety of snack bars. The merger of KIND Bars with Mars; a prominent player in the market, has increased its presence of these products to drive the product variety in the market.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/snack-bars-market

Further key findings from the study suggest:

North America led the global snack bars market in 2018. The region is said to maintain its dominance over the forecast years due to the strong presence of prominent companies
Asia Pacific it is expected to witness the fastest market growth from 2019 to 2025 due to increasing health consciousness and product awareness in emerging economies like India
The industry is highly competitive. Key companies including Nature Valley, Kellogg’s, Alpen And Jordan, Quaker Oats, Kind Bars, Cliff Bars, Earnest Eats, Mars, Oriole Healthy Foods, And the Hain Celestial Group