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  • Probiotics Market Opportunities, Share, Industry Growth, Size, Regional Analysis and Forecast to 2027

    The global probiotics market size is expected to reach USD 94.48 billion by 2027 while exhibiting a CAGR of 7.9% between 2020 and 2027. This information is published by Fortune Business Insights in its report, titled "Probiotics Market, 2020-2027". The report further mentions that the market stood at USD 48.88 billion in 2019. The growing consumption of nutritional food among the health conscious section of the market is gaining popularity in recent years. For instance, the Nutrition Society of Malaysia has also introduced the Probiotics Education Program to educate consumers on the health benefits of these products.

    What Does the Report Contain?

    The report offers an insight into the profitability, entire structure, and scale. It also studies the drivers and restraints and considers all the potential threats to the market. The critical analysis of marketplace sections, prediction analysis, and expert insights are strategically included in the report. A wide spectrum of data, including regional analysis, market segmentation, industry developments, and key players, are included in the research conducted by market experts.

    Driving Factor

    Rising Awareness of Product through Social Mediums to Surge Demand

    The numerous health benefits of the product are augmenting the probiotics market growth. The increasing awareness and advertisement by prominent personalities are creating a demand in the market. Various athletes and yoga instructors are emphasizing the health benefits of nutraceuticals through social media as paid partnerships. Also, a considerable chunk of health-conscious vegan consumers prefers to get their nutrients from nutraceutical sources. The industry is also experiencing heavy investment in research and development for innovation. For example, in February 2020, Amorepacific Group inaugurated its novel green tea probiotics Research Centre for studying lactobacillus found in Jeju organic green tea.

    Regional Insights

    Rising Awareness of Health Benefits to Aid Growth in Asia Pacific

    Asia-pacific is expected to hold the largest probiotics market share due to high consumption in China and Japan. The rising awareness of the health benefits of the product is garnering significant demand from the region. For instance, Yakult Honsha declared the company sales of 9,540 bottles of Yakult every day in Japan.

    North America is anticipated to showcase considerable growth in the forthcoming years. This is due to the well-established food industry in the region. Moreover, a rising preference for a healthy diet owing to the prevalence of lifestyle diseases in the region is anticipated to incur product demand.

    Competitive Landscape

    Collaboration by Prominent Companies to Brighten Their Market Prospects

    The competitive landscape of the market for probiotics enlightens us with details on prominent players of this industry. Technological advancement by key players is being researched to gain traction in the market. Several market giants are also collaborating on production facilities to expand their business horizons. Some companies are also using awareness campaigns to strategically introduce their products in regions with minimal awareness to expand their horizons. Several more strategic collaborations, acquisitions, partnerships, product launches, technological advancement, and others are spread across the market horizon of this product.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/industry-reports/probiotics-market-100083
    Probiotics Market Opportunities, Share, Industry Growth, Size, Regional Analysis and Forecast to 2027 The global probiotics market size is expected to reach USD 94.48 billion by 2027 while exhibiting a CAGR of 7.9% between 2020 and 2027. This information is published by Fortune Business Insights in its report, titled "Probiotics Market, 2020-2027". The report further mentions that the market stood at USD 48.88 billion in 2019. The growing consumption of nutritional food among the health conscious section of the market is gaining popularity in recent years. For instance, the Nutrition Society of Malaysia has also introduced the Probiotics Education Program to educate consumers on the health benefits of these products. What Does the Report Contain? The report offers an insight into the profitability, entire structure, and scale. It also studies the drivers and restraints and considers all the potential threats to the market. The critical analysis of marketplace sections, prediction analysis, and expert insights are strategically included in the report. A wide spectrum of data, including regional analysis, market segmentation, industry developments, and key players, are included in the research conducted by market experts. Driving Factor Rising Awareness of Product through Social Mediums to Surge Demand The numerous health benefits of the product are augmenting the probiotics market growth. The increasing awareness and advertisement by prominent personalities are creating a demand in the market. Various athletes and yoga instructors are emphasizing the health benefits of nutraceuticals through social media as paid partnerships. Also, a considerable chunk of health-conscious vegan consumers prefers to get their nutrients from nutraceutical sources. The industry is also experiencing heavy investment in research and development for innovation. For example, in February 2020, Amorepacific Group inaugurated its novel green tea probiotics Research Centre for studying lactobacillus found in Jeju organic green tea. Regional Insights Rising Awareness of Health Benefits to Aid Growth in Asia Pacific Asia-pacific is expected to hold the largest probiotics market share due to high consumption in China and Japan. The rising awareness of the health benefits of the product is garnering significant demand from the region. For instance, Yakult Honsha declared the company sales of 9,540 bottles of Yakult every day in Japan. North America is anticipated to showcase considerable growth in the forthcoming years. This is due to the well-established food industry in the region. Moreover, a rising preference for a healthy diet owing to the prevalence of lifestyle diseases in the region is anticipated to incur product demand. Competitive Landscape Collaboration by Prominent Companies to Brighten Their Market Prospects The competitive landscape of the market for probiotics enlightens us with details on prominent players of this industry. Technological advancement by key players is being researched to gain traction in the market. Several market giants are also collaborating on production facilities to expand their business horizons. Some companies are also using awareness campaigns to strategically introduce their products in regions with minimal awareness to expand their horizons. Several more strategic collaborations, acquisitions, partnerships, product launches, technological advancement, and others are spread across the market horizon of this product. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/probiotics-market-100083
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    Probiotics Market Size, Industry Share, Growth Rate, Forecast, 2032
    The global probiotics market size was $48.88 billion in 2019 & is projected to reach $94.48 billion by 2027, exhibiting a CAGR of 7.9% during the forecast period
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  • Nicotine Gum Market Key Players, Top Regions, Growth Opportunity And Challenges Forecast by 2029

    The global nicotine gum market size was valued at USD 1.49 billion in 2021 and reached USD 1.56 billion in 2022. The market is expected to reach USD 2.17 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. Rising health awareness and prevalence of illnesses are expected to enhance the market growth. Fortune Business Insights™ presents this information in its report titled “Nicotine Gum Market, 2022-2029.”

    COVID-19 Pandemic

    Manufacturing Restrictions to Impede Market Progress

    This market is expected to be negatively affected during the COVID-19 pandemic due to the restrictions imposed on manufacturing. The sudden spike in COVID-19 infections restricted manufacturing activities globally, thereby disrupting the supply chain. Further, the restrictions on transport led to the lack of ingredients required for the production of the gum. However, the resumption of lockdown and the adoption of automated production techniques by manufacturers have facilitated this market's growth.

    Driving Factors

    Anti-Smoking Campaign Promotions to Facilitate Market Progress

    Nicotine gum is a medicine that helps people quit smoking and is used every 2 hours to eliminate smoking cravings. Rising research and development and the promotion of the product by government and non-government firms are expected to enhance product demand. Further, manufacturers focus on promoting anti-smoking campaigns and launch novel products that counter smoking cravings, such as lozenges, gums, and others. Moreover, the rising smoking-related illnesses, such as lung cancers, are expected to enhance product demand. These factors may incite nicotine gum market growth.

    However, the side effects of nicotine gum are expected to restrain the market growth during the upcoming years.

    Regional Insights

    Rising Number of Health Conscious Consumers to Propel Market Growth in North America

    North America is expected to dominate the nicotine gum market share due to increasing health-conscious consumers. The market in North America stood at USD 650.47 in 2022 and is expected to gain huge market share in the upcoming years. Furthermore, major brands focus on launching innovative products to enhance their quality and boost brand image globally.

    In Europe, the rising nicotine gum product sales in France, Italy, Germany, and the U.K. are expected to enhance the demand for nicotine gums. Furthermore, a strong focus on implementing strategies for quitting smoking is expected to enhance demand.

    In Asia Pacific, strong demand for innovative products, is expected to enhance the demand for the product. Furthermore, the rising demand for innovative products and increasing competition between companies are expected to enhance the market growth.

    Competitive Landscape

    Major Players Launch Novel Products to Reinforce Brand Presence

    The prominent companies operating in the market announce novel products to reinforce their brand image globally. For example, Nicorette announced a nicotine gum with ice mint lozenge in May 2019. This product offers a smooth texture and provides a punch of mint flavor. This launch may enable the company to attract consumers and enhance its brand presence globally. Furthermore, companies devise acquisitions, mergers, partnerships, and expansion strategies to enhance their market position.

    Browse Summary of This Research Report:

    https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    Nicotine Gum Market Key Players, Top Regions, Growth Opportunity And Challenges Forecast by 2029 The global nicotine gum market size was valued at USD 1.49 billion in 2021 and reached USD 1.56 billion in 2022. The market is expected to reach USD 2.17 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. Rising health awareness and prevalence of illnesses are expected to enhance the market growth. Fortune Business Insights™ presents this information in its report titled “Nicotine Gum Market, 2022-2029.” COVID-19 Pandemic Manufacturing Restrictions to Impede Market Progress This market is expected to be negatively affected during the COVID-19 pandemic due to the restrictions imposed on manufacturing. The sudden spike in COVID-19 infections restricted manufacturing activities globally, thereby disrupting the supply chain. Further, the restrictions on transport led to the lack of ingredients required for the production of the gum. However, the resumption of lockdown and the adoption of automated production techniques by manufacturers have facilitated this market's growth. Driving Factors Anti-Smoking Campaign Promotions to Facilitate Market Progress Nicotine gum is a medicine that helps people quit smoking and is used every 2 hours to eliminate smoking cravings. Rising research and development and the promotion of the product by government and non-government firms are expected to enhance product demand. Further, manufacturers focus on promoting anti-smoking campaigns and launch novel products that counter smoking cravings, such as lozenges, gums, and others. Moreover, the rising smoking-related illnesses, such as lung cancers, are expected to enhance product demand. These factors may incite nicotine gum market growth. However, the side effects of nicotine gum are expected to restrain the market growth during the upcoming years. Regional Insights Rising Number of Health Conscious Consumers to Propel Market Growth in North America North America is expected to dominate the nicotine gum market share due to increasing health-conscious consumers. The market in North America stood at USD 650.47 in 2022 and is expected to gain huge market share in the upcoming years. Furthermore, major brands focus on launching innovative products to enhance their quality and boost brand image globally. In Europe, the rising nicotine gum product sales in France, Italy, Germany, and the U.K. are expected to enhance the demand for nicotine gums. Furthermore, a strong focus on implementing strategies for quitting smoking is expected to enhance demand. In Asia Pacific, strong demand for innovative products, is expected to enhance the demand for the product. Furthermore, the rising demand for innovative products and increasing competition between companies are expected to enhance the market growth. Competitive Landscape Major Players Launch Novel Products to Reinforce Brand Presence The prominent companies operating in the market announce novel products to reinforce their brand image globally. For example, Nicorette announced a nicotine gum with ice mint lozenge in May 2019. This product offers a smooth texture and provides a punch of mint flavor. This launch may enable the company to attract consumers and enhance its brand presence globally. Furthermore, companies devise acquisitions, mergers, partnerships, and expansion strategies to enhance their market position. Browse Summary of This Research Report: https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Nicotine Gum Market Size, Share, Growth | Global Report [2029]
    The global nicotine gum market is projected to grow from $1.56 billion in 2022 to $2.17 billion by 2029, at a CAGR of 4.8% in forecast period, 2022-2029
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  • Kefir Market Size, Share, Trends, Growth Factors Analysis, Opportunities and Industry Segments Forecast by 2027

    The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits.

    The report states that the global market value stood at USD 1.23 billion in 2019 and provides the following:

    Thorough study of all the factors driving and restraining the market;
    Detailed analysis of the various market segments;
    Comprehensive examination of the regional prospects for the market; and
    In-depth research of the competitive landscape of the market.
    Market Opportunity

    Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities

    The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020.

    Regional Insights

    High Nutritional Awareness to Power Market Growth in Europe

    Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region.

    Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region.

    Competitive Landscape

    Companies to Align Strategies to Serve Evolving Consumer Tastes

    With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/kefir-market-102463
    Kefir Market Size, Share, Trends, Growth Factors Analysis, Opportunities and Industry Segments Forecast by 2027 The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits. The report states that the global market value stood at USD 1.23 billion in 2019 and provides the following: Thorough study of all the factors driving and restraining the market; Detailed analysis of the various market segments; Comprehensive examination of the regional prospects for the market; and In-depth research of the competitive landscape of the market. Market Opportunity Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020. Regional Insights High Nutritional Awareness to Power Market Growth in Europe Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region. Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region. Competitive Landscape Companies to Align Strategies to Serve Evolving Consumer Tastes With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/kefir-market-102463
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Kefir Market Size, Trends, Share | Global Industry Growth [2020-2027]
    The global kefir market size was $1.23 billion in 2019 and is projected to reach $1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period
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  • Food Flavors Market Growth Insights, Industry Share, Size, Business Trends, Scope and Forecast to 2028

    The global food flavors market size was projected to reach USD 20.12 billion by 2028, exhibiting a CAGR of 4.64% during the forecast period. The market stood at USD 14.30 billion in 2020 and is estimated to reach USD 14.66 billion in 2021. Rising adoption of packaged foods and beverages and consumers’ inclination towards clean-label and organic ingredients are likely to propel market development.

    Food flavors are ingredients that are added to food products and beverages to enhance their taste. The rising consumer preference for packaged foods and beverages is expected to boost the adoption of essences. The sedentary lifestyles of consumers and the rising demand for clean-label and organic food products are likely to bolster the demand for flavoring substances. Further, rising awareness regarding organic edible substances’ health benefits is likely to propel flavoring substances’ adoption. For example, as per the Organic Trade Organization, organic foods and beverages’ sales exhibited a CAGR of 8.81% in the U.S. from 2013 to 2018. In addition, the rising adoption of plant-based products is likely to foster the product’s demand. These factors are likely to propel industry growth.

    Drivers and Restraints

    Robust Demand for Floral and Botanical Flavors to Facilitate Market Growth

    The rising consumer preferences towards floral and botanical aromas are expected to boost food flavors’ demand. The incorporation of floral essences enhances eatable products’ aroma and attracts several consumers. They are utilized by baked foods to improve the aroma and taste of food products. Blackberry-rose marshmallows, lemon-violent granola, honey-lavender gelato, edible lemon-lavender cookies are examples of products that utilize flavoring substances to improve their taste and smell. Furthermore, the rising awareness among consumers regarding the benefits of organic flavors is likely to propel the industry's growth. Organic essences retain the flavor and taste of the product and improve the product’s quality. The risks associated with synthetic flavoring are expected to propel natural flavoring substances’ demand. In addition, natural additives substances also act as a preservative, which, in turn, may boost the product’s shelf-life. These factors may drive the food flavors market growth.

    However, the incorporation of regulatory policies and norms may impede the growth of the industry.

    Regional Insights

    Extensive Adoption of Processed Foods to Boost Market Growth in Asia Pacific

    Asia Pacific is projected to dominate the market share because of the rising adoption of processed eatables and beverages among consumers. The market in Asia Pacific stood at USD 5.02 million in 2020 and is expected to grow positively during the upcoming years. Further, the presence of several employed individuals and a huge population is likely to boost the adoption of healthy foods and drinks. Moreover, increasing investments in India, Japan, and China is likely to boost the market growth. In addition, the rising adoption of is expected to boost eatable flavors’ demand. These factors may boost market development.

    North America is the second-largest shareholder because of the adoption of several regional cuisines. Further, the increasing migrant population may boost flavored foods’ demand. In addition, the consumers’ inclination towards Japanese and Indian dishes and flavors may fuel flavoring substances’ adoption. These factors are likely to boost the market growth in the region.

    In Europe, Russia holds the largest market share because of the presence of a huge population. In addition, the rising adoption of organic products in the U.K. is expected to boost edible flavors’ demand. These factors are likely to boost market development.

    Competitive Landscape

    Companies Acquire Crucial Players to Expand Market Reach Globally

    The prominent companies operating in the market devise acquisition strategies to expand their reach globally. For example, Synergy Flavors acquired Innova Foods, a leading savory flavor manufacturer, in May 2021. It is owned by Griffith Foods and may allow Synergy to expand its reach globally and reach a wider audience. Further, the launch of novel products may help manufacturers grasp the consumers’ attention, boost sales, and improve their brand image. In addition, the adoption of research and development may allow companies to develop better products and incorporate flavors. This strategy may enable the company to establish a remarkable market position.

    Browse A Complete Research Report:

    https://www.fortunebusinessinsights.com/food-flavors-market-102745
    Food Flavors Market Growth Insights, Industry Share, Size, Business Trends, Scope and Forecast to 2028 The global food flavors market size was projected to reach USD 20.12 billion by 2028, exhibiting a CAGR of 4.64% during the forecast period. The market stood at USD 14.30 billion in 2020 and is estimated to reach USD 14.66 billion in 2021. Rising adoption of packaged foods and beverages and consumers’ inclination towards clean-label and organic ingredients are likely to propel market development. Food flavors are ingredients that are added to food products and beverages to enhance their taste. The rising consumer preference for packaged foods and beverages is expected to boost the adoption of essences. The sedentary lifestyles of consumers and the rising demand for clean-label and organic food products are likely to bolster the demand for flavoring substances. Further, rising awareness regarding organic edible substances’ health benefits is likely to propel flavoring substances’ adoption. For example, as per the Organic Trade Organization, organic foods and beverages’ sales exhibited a CAGR of 8.81% in the U.S. from 2013 to 2018. In addition, the rising adoption of plant-based products is likely to foster the product’s demand. These factors are likely to propel industry growth. Drivers and Restraints Robust Demand for Floral and Botanical Flavors to Facilitate Market Growth The rising consumer preferences towards floral and botanical aromas are expected to boost food flavors’ demand. The incorporation of floral essences enhances eatable products’ aroma and attracts several consumers. They are utilized by baked foods to improve the aroma and taste of food products. Blackberry-rose marshmallows, lemon-violent granola, honey-lavender gelato, edible lemon-lavender cookies are examples of products that utilize flavoring substances to improve their taste and smell. Furthermore, the rising awareness among consumers regarding the benefits of organic flavors is likely to propel the industry's growth. Organic essences retain the flavor and taste of the product and improve the product’s quality. The risks associated with synthetic flavoring are expected to propel natural flavoring substances’ demand. In addition, natural additives substances also act as a preservative, which, in turn, may boost the product’s shelf-life. These factors may drive the food flavors market growth. However, the incorporation of regulatory policies and norms may impede the growth of the industry. Regional Insights Extensive Adoption of Processed Foods to Boost Market Growth in Asia Pacific Asia Pacific is projected to dominate the market share because of the rising adoption of processed eatables and beverages among consumers. The market in Asia Pacific stood at USD 5.02 million in 2020 and is expected to grow positively during the upcoming years. Further, the presence of several employed individuals and a huge population is likely to boost the adoption of healthy foods and drinks. Moreover, increasing investments in India, Japan, and China is likely to boost the market growth. In addition, the rising adoption of is expected to boost eatable flavors’ demand. These factors may boost market development. North America is the second-largest shareholder because of the adoption of several regional cuisines. Further, the increasing migrant population may boost flavored foods’ demand. In addition, the consumers’ inclination towards Japanese and Indian dishes and flavors may fuel flavoring substances’ adoption. These factors are likely to boost the market growth in the region. In Europe, Russia holds the largest market share because of the presence of a huge population. In addition, the rising adoption of organic products in the U.K. is expected to boost edible flavors’ demand. These factors are likely to boost market development. Competitive Landscape Companies Acquire Crucial Players to Expand Market Reach Globally The prominent companies operating in the market devise acquisition strategies to expand their reach globally. For example, Synergy Flavors acquired Innova Foods, a leading savory flavor manufacturer, in May 2021. It is owned by Griffith Foods and may allow Synergy to expand its reach globally and reach a wider audience. Further, the launch of novel products may help manufacturers grasp the consumers’ attention, boost sales, and improve their brand image. In addition, the adoption of research and development may allow companies to develop better products and incorporate flavors. This strategy may enable the company to establish a remarkable market position. Browse A Complete Research Report: https://www.fortunebusinessinsights.com/food-flavors-market-102745
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Food Flavors Market Size, Share, Growth | Global Report [2028]
    The food flavors market is projected to grow from USD 14.66 billion in 2021 to USD 20.12 billion by 2028, exhibiting a CAGR of 4.64% during forecast period
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  • Cheese Market Growth, Size, Future Demand, Business Revenue, Segmentation and Regional Forecast by 2030

    The global cheese market size was valued at USD 183.79 billion in 2022. The market is projected to grow from USD 187.42 billion in 2023 to USD 256.99 billion by 2030, exhibiting a CAGR of 4.61% during the forecast period.

    Cheese consumption is increasing due to its availability and versatility. Moreover, acceptance and adoption of ethnic cuisines such as Mexican and Italian subsequently used more cheese to drive market growth. The two most popular varieties of cheese are mozzarella and cheddar.

    Drivers and Restraints:

    Increasing Demand for Plant-based Cheese to Drive the Market Growth

    Plant-based cheese is a dairy alternative primarily made from cashew, soy, almond, and others. The growing trend of veganism and rising preferences for plant-based food propel the demand for plant-based products. Hence, increasing veganism and launching more plant-based products will drive the cheese market growth during the projected period.

    Many consumers are allergic to caesin, a protein in cheese. Caesin allergy causes acne, headaches, inflammation, and rashes. Hence, health risks and issues associated with caesin are predicted to hinder the market growth.

    Regional Insights:

    Increasing Investments and Partnerships to Propel Market Growth in Europe

    European consumers adopt healthy foods to maintain well-being and physical health with useful traits such as organic and non-GMO retail positioning, positively impacting the region’s cheese industry.

    In North America, the demand for nutritious food products and convenience encourages market growth. North America is one of the major markets, mostly driven by the millennials constantly changing desert and snack consumption habits.

    Competitive Landscape:

    Launching of New Products by Key Players to Stay Competitive in the Market

    Key industry players adopt various competitive strategies, such as new product launches, to support market players in creating various business opportunities through diversified product reach with a wide range of distribution channels in the market.

    Key Industry Development:

    September 2021: Lactalis Canada introduced two direct-to-consumer platforms, DairyMarketCulinary.ca. and Cheeseworld.ca for cheese and dairy.
    List of Key Players Mentioned in the Report:

    The Kraft Heinz Company (U.S.)
    Fonterra Co-operative Group Limited (New Zealand)
    Arla Foods amba (Arla Foods Group) (Germany)
    FrieslandCampina (Netherlands)
    Saputo Inc. (Canada)
    Lactalis Ingredients (France)
    Wensleydale Creamery (U.K.)
    Dairy Farmers of America, Inc. (U.S.)
    SAVENCIA SA (France)
    Norseland Ltd (Tine Group) (U.K.)
    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/cheese-market-104293
    Cheese Market Growth, Size, Future Demand, Business Revenue, Segmentation and Regional Forecast by 2030 The global cheese market size was valued at USD 183.79 billion in 2022. The market is projected to grow from USD 187.42 billion in 2023 to USD 256.99 billion by 2030, exhibiting a CAGR of 4.61% during the forecast period. Cheese consumption is increasing due to its availability and versatility. Moreover, acceptance and adoption of ethnic cuisines such as Mexican and Italian subsequently used more cheese to drive market growth. The two most popular varieties of cheese are mozzarella and cheddar. Drivers and Restraints: Increasing Demand for Plant-based Cheese to Drive the Market Growth Plant-based cheese is a dairy alternative primarily made from cashew, soy, almond, and others. The growing trend of veganism and rising preferences for plant-based food propel the demand for plant-based products. Hence, increasing veganism and launching more plant-based products will drive the cheese market growth during the projected period. Many consumers are allergic to caesin, a protein in cheese. Caesin allergy causes acne, headaches, inflammation, and rashes. Hence, health risks and issues associated with caesin are predicted to hinder the market growth. Regional Insights: Increasing Investments and Partnerships to Propel Market Growth in Europe European consumers adopt healthy foods to maintain well-being and physical health with useful traits such as organic and non-GMO retail positioning, positively impacting the region’s cheese industry. In North America, the demand for nutritious food products and convenience encourages market growth. North America is one of the major markets, mostly driven by the millennials constantly changing desert and snack consumption habits. Competitive Landscape: Launching of New Products by Key Players to Stay Competitive in the Market Key industry players adopt various competitive strategies, such as new product launches, to support market players in creating various business opportunities through diversified product reach with a wide range of distribution channels in the market. Key Industry Development: September 2021: Lactalis Canada introduced two direct-to-consumer platforms, DairyMarketCulinary.ca. and Cheeseworld.ca for cheese and dairy. List of Key Players Mentioned in the Report: The Kraft Heinz Company (U.S.) Fonterra Co-operative Group Limited (New Zealand) Arla Foods amba (Arla Foods Group) (Germany) FrieslandCampina (Netherlands) Saputo Inc. (Canada) Lactalis Ingredients (France) Wensleydale Creamery (U.K.) Dairy Farmers of America, Inc. (U.S.) SAVENCIA SA (France) Norseland Ltd (Tine Group) (U.K.) Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/cheese-market-104293
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    Cheese Market Size, Share, Growth | Industry Forecast [2030]
    The global cheese market is projected to grow from $187.42 billion in 2023 to $256.99 billion by 2030, at a CAGR of 4.61% during the forecast period.
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  • Halal Food and Beverages Market Growth Status, Movements by Trend Analysis, Revenue Expectation and Analysis to 2028

    The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028.

    Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years.

    Commotion in Supply Chain to Hinder Market Growth amid COVID-19 Crisis

    The preliminary months of the COVID-19 pandemic had disturbed all stages in the supply chain cycle of the halal food and beverage industry. The prominent manufacturers in Islamic and non-Islamic nations registered a decline in the workforce which considerably impacted the production ability. Additionally, the strike in demand for retail products such as pre-cooked and ready-to-eat meat products too adversely influenced the industry.

    The affirmative progression in the customer's preferences for halal products owing to their welfare and superiority is estimated to drive the halal food and beverages market growth in the foreseeable future.

    Drivers and Restraints

    Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth

    Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population.

    Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years.

    Regional Insights

    Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh.

    The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues.

    Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products.

    Competitive Landscape

    The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186
    Halal Food and Beverages Market Growth Status, Movements by Trend Analysis, Revenue Expectation and Analysis to 2028 The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028. Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years. Commotion in Supply Chain to Hinder Market Growth amid COVID-19 Crisis The preliminary months of the COVID-19 pandemic had disturbed all stages in the supply chain cycle of the halal food and beverage industry. The prominent manufacturers in Islamic and non-Islamic nations registered a decline in the workforce which considerably impacted the production ability. Additionally, the strike in demand for retail products such as pre-cooked and ready-to-eat meat products too adversely influenced the industry. The affirmative progression in the customer's preferences for halal products owing to their welfare and superiority is estimated to drive the halal food and beverages market growth in the foreseeable future. Drivers and Restraints Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population. Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years. Regional Insights Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh. The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues. Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products. Competitive Landscape The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Halal Food and Beverages Market Size, Growth | Report [2028]
    The global halal food and beverages market is projected to grow from $2.09 trillion in 2021 to $3.27 trillion by 2028, exhibiting a CAGR of 6.56%
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  • Functional Foods Market Regional Demand, Industry Outlook, Segmentation, Growth, Size and Forecast by 2028

    According to a research report published by Fortune Business Insights™,the global functional foods and beverages market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020.

    Highlights of the Report

    This market report supplies tangible insights into the regional prospects of the market and presents an exhaustive analysis of the market drivers and challenges. Furthermore, the report contains detailed profiling of key market players and careful study of their strategies and incorporates industry-leading, actionable research into the different market segments.

    Driving Factor

    The proliferation of Food & Beverage Startups to Elevate Market Potential

    The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives.

    For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory.

    Regional Insights

    Asia Pacific to Present Excellent Business Opportunities for Market Players

    Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China.

    Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028.

    In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market.

    Key Market Segmentation

    On the basis of type, the market has been classified into functional cereals & grains, functional dairy products, functional bakery products, functional fats & oils, and other functional/fortified foods.

    Based on the distribution channel, this market has been grouped into supermarkets/hypermarkets, convenience stores, online retail, and others. In 2020, the supermarkets/hypermarkets segment led the global functional foods and drinks market with a share of 44.21% and the US market with a share of 43.06%.

    By geography, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

    Competitive Landscape

    Introduction of Novel Products in Emerging Economies to Electrify the Market

    Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base.

    Key Industry Development:

    December 2020: Nestle launched a milk product in China for adults, comprising ingredients that are meant to boost joint functionality, muscle strength, and bone health. Developed under its YIYANG Active brand, the company’s unique powdered beverage is its maiden product to fetch functional food approval in China.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/functional-foods-market-102269
    Functional Foods Market Regional Demand, Industry Outlook, Segmentation, Growth, Size and Forecast by 2028 According to a research report published by Fortune Business Insights™,the global functional foods and beverages market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020. Highlights of the Report This market report supplies tangible insights into the regional prospects of the market and presents an exhaustive analysis of the market drivers and challenges. Furthermore, the report contains detailed profiling of key market players and careful study of their strategies and incorporates industry-leading, actionable research into the different market segments. Driving Factor The proliferation of Food & Beverage Startups to Elevate Market Potential The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives. For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory. Regional Insights Asia Pacific to Present Excellent Business Opportunities for Market Players Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China. Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028. In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market. Key Market Segmentation On the basis of type, the market has been classified into functional cereals & grains, functional dairy products, functional bakery products, functional fats & oils, and other functional/fortified foods. Based on the distribution channel, this market has been grouped into supermarkets/hypermarkets, convenience stores, online retail, and others. In 2020, the supermarkets/hypermarkets segment led the global functional foods and drinks market with a share of 44.21% and the US market with a share of 43.06%. By geography, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Competitive Landscape Introduction of Novel Products in Emerging Economies to Electrify the Market Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base. Key Industry Development: December 2020: Nestle launched a milk product in China for adults, comprising ingredients that are meant to boost joint functionality, muscle strength, and bone health. Developed under its YIYANG Active brand, the company’s unique powdered beverage is its maiden product to fetch functional food approval in China. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/functional-foods-market-102269
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Functional Food and Beverage Market Size | Global Report, 2028
    The global functional food and beverage market is projected to grow from $281.14 billion in 2021 to $529.66 billion in 2028 at a CAGR of 9.5%
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  • The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period.

    Report Coverage:

    We have conducted extensive primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, and average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed journals, articles, and press releases of companies operating in this industry.

    Drivers & Restraints:

    Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth

    Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth.

    Regional Insights:

    North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S.

    Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth.

    Segments:

    Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™

    Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020.

    Competitive Landscape:

    Key Players Focus on New Product Development to Intensify Competition

    The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/hummus-market-105632
    The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period. Report Coverage: We have conducted extensive primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, and average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed journals, articles, and press releases of companies operating in this industry. Drivers & Restraints: Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth. Regional Insights: North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S. Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth. Segments: Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™ Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020. Competitive Landscape: Key Players Focus on New Product Development to Intensify Competition The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/hummus-market-105632
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    Hummus Market Size, Industry Share, Global Trends, Forecast, 2030
    The global hummus market is predicted to grow from $2.95 billion in 2021 to $6.60 billion in 2028 at a CAGR of 12.17% during the forecast period, 2021-2028
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  • Dietary Supplements Market Size, Share & Industry Analysis, Upcoming Product and Forecast Report by 2028

    The global dietary supplements market size is anticipated to hit USD 128.64 billion by 2028 and exhibit a CAGR of 8.68% during the forecast period. The escalating demand for personalized supplements and the rising emphasis on quality supplements are predicted to foster market growth. Fortune Business InsightsTMhas presented this information in its report titled “Dietary Supplements Market, 2021-2028”. The market size stood at USD 61.20 billion in 2020 and is anticipated to reach USD 71.81 billion in 2021.

    Additionally, the growing emphasis on preventive healthcare measures due to the rising prevalence of lifestyle and age-related diseases is projected to favor market growth. The growing consumer consciousness towards preventive healthcare measures is likely to boost the demand for health-boosting dietary supplements.

    List of Key Players in the Global Market:

    Amway Corp (Michigan, U.S.)
    Abbott (Illinois, U.S.)
    Nestle S.A. (Vevey, Switzerland)
    Herbalife Nutrition Ltd. (California, U.S.)
    Archer Daniels Midland Company (Illinois, U.S.)
    Glanbia Nutritionals (Illinois, U.S.)
    Otsuka Holdings Co. Ltd. (Tokyo, Japan)
    Arkopharma (Carros, France)
    Pfizer Inc. (New York, U.S.)
    GlaxoSmithKline plc (Brentford, U.K.)
    Drivers & Restraints-

    Rising Emphasis on Quality Supplement Production to Fuel Market Growth

    The rising use of organic, clean-labeled, and safe ingredients in food supplement production is likely to favor the market growth. The rising emphasis on the production of quality supplements is likely to amplify the global dietary supplements market growth. Additionally, the rising preference of sportspersons for food supplements to enhance endurance and performance is projected to complement the global market growth.

    The growing emphasis on preventive healthcare measures shall aid market growth. The rising consumer consciousness towards preventive healthcare measures due to the escalating prevalence of lifestyle and age-related diseases is likely to boost the global market growth.

    Lastly, market players' increasing developments and innovations and the expanding demand for personalized supplements are anticipated to further amplify the market growth.

    However, the high prices of these supplements may hinder market growth.

    Regional Insights-

    Rising Health Consciousness to Accelerate Growth in Asia Pacific

    Asia Pacific is projected to register the fastest growth in the global dietary supplements market share. The rising health consciousness amongst consumers is estimated to be the key factor driving the market growth in the region. The increasing awareness for personalized nutrition concepts is likely to fuel the regional market growth. Additionally, expansion of product portfolios and production bases of international market players across China, India, Malaysia, South Korea, and other Asian countries is projected to favor market growth.

    North America is anticipated to exhibit remarkable growth during the forecast period. The increasingly hectic lifestyles, aging population, obesity, and other diseases are expected to stimulate growth in the region. Additionally, the strict regulatory guidelines to supply safe and high-quality supplements in the U.S. are predicted to aid market growth.

    Europe is expected to witness substantial growth in the global market. The rising consumer awareness and consciousness for preventive healthcare solutions are predicted to favor the region’s market growth. Additionally, the expanding geriatric population is anticipated to complement the market growth.

    South America is predicted to attain significant growth due to the growing adoption of healthy lifestyles, increasing middle-class population, and growing new product launches.

    Competitive Landscape-

    Market Players Adopt Ingenious Strategies to Amplify Market Presence

    The major market players emphasize diversifying their product portfolios by launching innovative products. They adopt collaborations, product innovation, new product launches, partnerships, acquisitions, mergers, and other growth strategies to augment their consumer bases and market presence. For instance, GNC partnered with Renmintongtai, a Harbin Pharmaceutical Group’s pharmacy chain, in January 2020. The company also unveiled four ‘blue hat’ products.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/dietary-supplements-market-102082
    Dietary Supplements Market Size, Share & Industry Analysis, Upcoming Product and Forecast Report by 2028 The global dietary supplements market size is anticipated to hit USD 128.64 billion by 2028 and exhibit a CAGR of 8.68% during the forecast period. The escalating demand for personalized supplements and the rising emphasis on quality supplements are predicted to foster market growth. Fortune Business InsightsTMhas presented this information in its report titled “Dietary Supplements Market, 2021-2028”. The market size stood at USD 61.20 billion in 2020 and is anticipated to reach USD 71.81 billion in 2021. Additionally, the growing emphasis on preventive healthcare measures due to the rising prevalence of lifestyle and age-related diseases is projected to favor market growth. The growing consumer consciousness towards preventive healthcare measures is likely to boost the demand for health-boosting dietary supplements. List of Key Players in the Global Market: Amway Corp (Michigan, U.S.) Abbott (Illinois, U.S.) Nestle S.A. (Vevey, Switzerland) Herbalife Nutrition Ltd. (California, U.S.) Archer Daniels Midland Company (Illinois, U.S.) Glanbia Nutritionals (Illinois, U.S.) Otsuka Holdings Co. Ltd. (Tokyo, Japan) Arkopharma (Carros, France) Pfizer Inc. (New York, U.S.) GlaxoSmithKline plc (Brentford, U.K.) Drivers & Restraints- Rising Emphasis on Quality Supplement Production to Fuel Market Growth The rising use of organic, clean-labeled, and safe ingredients in food supplement production is likely to favor the market growth. The rising emphasis on the production of quality supplements is likely to amplify the global dietary supplements market growth. Additionally, the rising preference of sportspersons for food supplements to enhance endurance and performance is projected to complement the global market growth. The growing emphasis on preventive healthcare measures shall aid market growth. The rising consumer consciousness towards preventive healthcare measures due to the escalating prevalence of lifestyle and age-related diseases is likely to boost the global market growth. Lastly, market players' increasing developments and innovations and the expanding demand for personalized supplements are anticipated to further amplify the market growth. However, the high prices of these supplements may hinder market growth. Regional Insights- Rising Health Consciousness to Accelerate Growth in Asia Pacific Asia Pacific is projected to register the fastest growth in the global dietary supplements market share. The rising health consciousness amongst consumers is estimated to be the key factor driving the market growth in the region. The increasing awareness for personalized nutrition concepts is likely to fuel the regional market growth. Additionally, expansion of product portfolios and production bases of international market players across China, India, Malaysia, South Korea, and other Asian countries is projected to favor market growth. North America is anticipated to exhibit remarkable growth during the forecast period. The increasingly hectic lifestyles, aging population, obesity, and other diseases are expected to stimulate growth in the region. Additionally, the strict regulatory guidelines to supply safe and high-quality supplements in the U.S. are predicted to aid market growth. Europe is expected to witness substantial growth in the global market. The rising consumer awareness and consciousness for preventive healthcare solutions are predicted to favor the region’s market growth. Additionally, the expanding geriatric population is anticipated to complement the market growth. South America is predicted to attain significant growth due to the growing adoption of healthy lifestyles, increasing middle-class population, and growing new product launches. Competitive Landscape- Market Players Adopt Ingenious Strategies to Amplify Market Presence The major market players emphasize diversifying their product portfolios by launching innovative products. They adopt collaborations, product innovation, new product launches, partnerships, acquisitions, mergers, and other growth strategies to augment their consumer bases and market presence. For instance, GNC partnered with Renmintongtai, a Harbin Pharmaceutical Group’s pharmacy chain, in January 2020. The company also unveiled four ‘blue hat’ products. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/dietary-supplements-market-102082
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Dietary Supplements Market Size & Trends | Growth, 2021-2028
    The global dietary supplements market is projected to grow from $71.81 billion in 2021 to $128.64 billion in 2028 at a CAGR of 8.68% in forecast period
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  • Pasta Market Report, Size, Share, Revenue, Segmentation, Development Insights and Forecast by 2029

    The global pasta market size was valued at USD 43.63 billion in 2021. The market is projected to rise from USD 46.84 billion in 2022 to USD 77.83 billion by 2029 at 7.52% CAGR during the forecast period 2022-2029. Fortune Business Insights™ has deep-dived into these insights in its latest research report titled, “Pasta Market, 2022-2029.”

    According to the study, pasta products will be sought-after across advanced and emerging economies, partly due to the trend for the Western diet. Moreover, soaring penetration of ready-to-cook food products has boosted the industry's growth. However, mixed impact from the COVID-19 pandemic compelled stakeholders to redefine their strategies.

    Major Players Profiled in the Pasta Report:

    Barilla G. e R. F.lli S.p.A. (Italy)
    Ebro Foods, S.A. (Spain)
    CAMPBELL SOUP COMPANY (U.S.)
    TreeHouse Foods, Inc. (U.S.)
    Unilever (U.K.)
    The Kraft Heinz Company (U.S.)
    BORGES INTERNATIONAL GROUP (Spain)
    Nestlé (Switzerland)
    F.lli De Cecco di Filippo S.p.A (Italy)
    Armanino Foods of Distinction (U.S.)
    Drivers and Restraints

    Rising Footfall of Convenient Food to Underpin Industry Growth

    Industry participants expect the trend for ready-to-eat food products to boost the pasta market growth during the forecast period. The Unione Italiana Food and ICE Agency claims that the product consumption surged in Germany, Italy, the U.S., and France during lockdown. Strong consumption of the product amidst the pandemic will foster the business outlook. Notably, the dish has become an invaluable part of diet globally. According to Oxfam, it is regarded as the favorite dish in the world. Current trends suggest leading companies will continue to inject funds into the market landscape.

    However, low wheat production along with aversion toward high-calorie food could bring a notable shift in the industry. A notable surge in health-conscious consumers will compel industry players to rethink their strategies.

    Regional Insights

    Europe to Offer Promising Opportunities with Growing Footfall of Gluten-free Dish

    A palpable surge in millennials and the Gen Z population across the U.K., France, and Italy has brought a paradigm shift in the product manufacturing. Prominently, manufacturers have upped investments in gluten-free products. The market in Europe was valued at USD 18.35 billion in 2021 and will witness a similar trend owing to the demand for chilled products.

    The Asia Pacific pasta market share will observe an appreciable gain during the forecast period due to the presence of leading companies across China, Japan, Australia, and India. A gradual rise in purchasing power in emerging economies could aid the regional growth. The demand for traditional recipes and methods for cooking the product will be noticeable in the ensuing period.

    Industry participants are poised to inject funds into the North America industry following the penetration of online channels and convenience stores. Health-conscious consumers are likely to encourage manufacturers to streamline the supply chain process. Industry participants expect chilled and dried products to gain traction across the U.S. and Canada.

    Competitive Landscape

    Industry Players to Invest in Product Launches to Grow their Portfolio

    Well-established players and emerging companies are predicted to focus on mergers & acquisitions, product launches, technological advancements, and R&D activities. Current trends indicate leading companies are slated to focus on geographical expansion during the forecast period.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/pasta-market-102284
    Pasta Market Report, Size, Share, Revenue, Segmentation, Development Insights and Forecast by 2029 The global pasta market size was valued at USD 43.63 billion in 2021. The market is projected to rise from USD 46.84 billion in 2022 to USD 77.83 billion by 2029 at 7.52% CAGR during the forecast period 2022-2029. Fortune Business Insights™ has deep-dived into these insights in its latest research report titled, “Pasta Market, 2022-2029.” According to the study, pasta products will be sought-after across advanced and emerging economies, partly due to the trend for the Western diet. Moreover, soaring penetration of ready-to-cook food products has boosted the industry's growth. However, mixed impact from the COVID-19 pandemic compelled stakeholders to redefine their strategies. Major Players Profiled in the Pasta Report: Barilla G. e R. F.lli S.p.A. (Italy) Ebro Foods, S.A. (Spain) CAMPBELL SOUP COMPANY (U.S.) TreeHouse Foods, Inc. (U.S.) Unilever (U.K.) The Kraft Heinz Company (U.S.) BORGES INTERNATIONAL GROUP (Spain) Nestlé (Switzerland) F.lli De Cecco di Filippo S.p.A (Italy) Armanino Foods of Distinction (U.S.) Drivers and Restraints Rising Footfall of Convenient Food to Underpin Industry Growth Industry participants expect the trend for ready-to-eat food products to boost the pasta market growth during the forecast period. The Unione Italiana Food and ICE Agency claims that the product consumption surged in Germany, Italy, the U.S., and France during lockdown. Strong consumption of the product amidst the pandemic will foster the business outlook. Notably, the dish has become an invaluable part of diet globally. According to Oxfam, it is regarded as the favorite dish in the world. Current trends suggest leading companies will continue to inject funds into the market landscape. However, low wheat production along with aversion toward high-calorie food could bring a notable shift in the industry. A notable surge in health-conscious consumers will compel industry players to rethink their strategies. Regional Insights Europe to Offer Promising Opportunities with Growing Footfall of Gluten-free Dish A palpable surge in millennials and the Gen Z population across the U.K., France, and Italy has brought a paradigm shift in the product manufacturing. Prominently, manufacturers have upped investments in gluten-free products. The market in Europe was valued at USD 18.35 billion in 2021 and will witness a similar trend owing to the demand for chilled products. The Asia Pacific pasta market share will observe an appreciable gain during the forecast period due to the presence of leading companies across China, Japan, Australia, and India. A gradual rise in purchasing power in emerging economies could aid the regional growth. The demand for traditional recipes and methods for cooking the product will be noticeable in the ensuing period. Industry participants are poised to inject funds into the North America industry following the penetration of online channels and convenience stores. Health-conscious consumers are likely to encourage manufacturers to streamline the supply chain process. Industry participants expect chilled and dried products to gain traction across the U.S. and Canada. Competitive Landscape Industry Players to Invest in Product Launches to Grow their Portfolio Well-established players and emerging companies are predicted to focus on mergers & acquisitions, product launches, technological advancements, and R&D activities. Current trends indicate leading companies are slated to focus on geographical expansion during the forecast period. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/pasta-market-102284
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    Pasta Market Size, Industry Share, Growth Rate | Forecast, 2030
    The global pasta market is projected to grow from $46.84 billion in 2022 to $77.83 billion by 2029, exhibiting a CAGR of 7.52% in forecast period 2022-2029
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