• Prebiotics Market Growth Overview & Industry Forecast Report 2033


    Prebiotics Market Overview:
    Plant fibers known as Prebiotics Market help the good bacteria in the stomach flourish. Your digestive system functions more efficiently as a result. Dietary additives known as prebiotics are indigestible and are commonly found in "functional foods." These compounds are thought to promote the development of advantageous gut flora, enhancing gastrointestinal health and providing other health benefits. The global prebiotics market is booming because prebiotics have many health advantages over traditional diets and agricultural products. More than ever, it's important to keep illnesses out of animals' bodies and out of the food chain because of the growing demand for dairy and animal protein.

    The current valuation of the global prebiotics market is at USD 6,940 million, and growth at a compound annual growth rate (CAGR) of over 14.9% is projected to propel the market to a value of over USD 21,200 million by 2033.

    In recent years, the global health and wellness industry has witnessed significant shifts as consumers become increasingly aware of the importance of gut health. This heightened awareness has spurred the demand for prebiotics, a type of dietary fiber that nourishes beneficial bacteria in the gut. The prebiotics market, once a niche sector, is now experiencing rapid growth and is projected to expand even further in the coming years.

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    Prebiotics Market Growth Overview & Industry Forecast Report 2033 Prebiotics Market Overview: Plant fibers known as Prebiotics Market help the good bacteria in the stomach flourish. Your digestive system functions more efficiently as a result. Dietary additives known as prebiotics are indigestible and are commonly found in "functional foods." These compounds are thought to promote the development of advantageous gut flora, enhancing gastrointestinal health and providing other health benefits. The global prebiotics market is booming because prebiotics have many health advantages over traditional diets and agricultural products. More than ever, it's important to keep illnesses out of animals' bodies and out of the food chain because of the growing demand for dairy and animal protein. The current valuation of the global prebiotics market is at USD 6,940 million, and growth at a compound annual growth rate (CAGR) of over 14.9% is projected to propel the market to a value of over USD 21,200 million by 2033. In recent years, the global health and wellness industry has witnessed significant shifts as consumers become increasingly aware of the importance of gut health. This heightened awareness has spurred the demand for prebiotics, a type of dietary fiber that nourishes beneficial bacteria in the gut. The prebiotics market, once a niche sector, is now experiencing rapid growth and is projected to expand even further in the coming years. Request PDF Sample Copy of Report @ https://wemarketresearch.com/reports/request-free-sample-pdf/prebiotics-market/214
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  • Future Market Insights research indicates that a compound annual growth rate (CAGR) of 5.0% is anticipated for the Global Non-GMO Verified Sports Drink market over the estimated timeframe. According to projections, the market value will rise from US$ 9406.8 million in 2022 to US$ 15322.8 million in 2032. By the end of 2021, the value of the Non-GMO Verified Sports Drink was US$ 8976 million.

    While the demand for GMO food products is experiencing steady growth in the market, consumers are still uncertain about whether or not they are completely safe. Some consumers and scientists have been constantly criticising GMO-based products because of their identified health and environmental hazards. Owing to potential risks associated with GMO ingredients, an increasing number of consumers across the globe is shifting from GMOs to non-GMOs.

    Click to get Brochure:
    https://www.futuremarketinsights.com/reports/brochure/rep-gb-1393

    Functional foods account for one of the most prominent sectors of the food and beverages market, and their intake is especially recommended to complement healthy diet. GMO sports drinks contribute to a popular functional beverages industry but are often chastised by antagonists due to their high sugar content, most of the times artificial sweeteners, and genetically engineered ingredients.

    Non-GMO sports drinks however do not contain GMO ingredients but organic fruits, unprocessed minerals, and high quality stevia. They hydrate sportsmen by replenishing their body fluids, instead of overpowering them with sugars and additional calories. These attributes make non-GMO sports drinks an emerging market area, currently thriving at a high pace.

    FMI indicates strong chances of the market growth globally, in the near future.

    The Non-GMO Project: Overview

    The non-GMO verified label has gained discernible response from both manufactures and suppliers, in the recent past. As per the Non-GMO Project-2016, the GMO verified label technically indicates less than 0.9% GMOs in a product, making it a trusted one among consumers. The industry has already launched around 27,000 products with non-GMO verified labels, attracting hefty revenues to the global market.

    Global Non-GMO Verified Sports Drinks Market: Key Drivers

    Increasing awareness among people about potential hazards of GMO-based foods and beverages in terms of health and environment, is the key driver escalating the demand for non-GMO labelled products. GMO-based sports drinks are particularly being censured because of lowered nutritional value and lack of antibiotic resistance.

    Moreover, GMO drinks contain corn-based artificial sweeteners in heavy amounts, posing a quest to their sugar content. FMI’s research depicts that GMO sports drinks also contain considerably high amounts of citric acid to complement their sweetness, which may lead to dental erosion if sportsmen consume such drinks multiple times a day.

    A growing number of population was observed preferring organic food products after the reported health hazards of GMO foods in the recent past. However, both the cultivation price and market price of organic foods are relatively more expensive compared to conventional and GMO food products. This is playing a key role in increasing the demand for non-GMO products, in terms of safety and price.

    Regional Outlook: Global Non-GMO Verified Sports Drinks
    Future Market Insights research indicates that a compound annual growth rate (CAGR) of 5.0% is anticipated for the Global Non-GMO Verified Sports Drink market over the estimated timeframe. According to projections, the market value will rise from US$ 9406.8 million in 2022 to US$ 15322.8 million in 2032. By the end of 2021, the value of the Non-GMO Verified Sports Drink was US$ 8976 million. While the demand for GMO food products is experiencing steady growth in the market, consumers are still uncertain about whether or not they are completely safe. Some consumers and scientists have been constantly criticising GMO-based products because of their identified health and environmental hazards. Owing to potential risks associated with GMO ingredients, an increasing number of consumers across the globe is shifting from GMOs to non-GMOs. Click to get Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-1393 Functional foods account for one of the most prominent sectors of the food and beverages market, and their intake is especially recommended to complement healthy diet. GMO sports drinks contribute to a popular functional beverages industry but are often chastised by antagonists due to their high sugar content, most of the times artificial sweeteners, and genetically engineered ingredients. Non-GMO sports drinks however do not contain GMO ingredients but organic fruits, unprocessed minerals, and high quality stevia. They hydrate sportsmen by replenishing their body fluids, instead of overpowering them with sugars and additional calories. These attributes make non-GMO sports drinks an emerging market area, currently thriving at a high pace. FMI indicates strong chances of the market growth globally, in the near future. The Non-GMO Project: Overview The non-GMO verified label has gained discernible response from both manufactures and suppliers, in the recent past. As per the Non-GMO Project-2016, the GMO verified label technically indicates less than 0.9% GMOs in a product, making it a trusted one among consumers. The industry has already launched around 27,000 products with non-GMO verified labels, attracting hefty revenues to the global market. Global Non-GMO Verified Sports Drinks Market: Key Drivers Increasing awareness among people about potential hazards of GMO-based foods and beverages in terms of health and environment, is the key driver escalating the demand for non-GMO labelled products. GMO-based sports drinks are particularly being censured because of lowered nutritional value and lack of antibiotic resistance. Moreover, GMO drinks contain corn-based artificial sweeteners in heavy amounts, posing a quest to their sugar content. FMI’s research depicts that GMO sports drinks also contain considerably high amounts of citric acid to complement their sweetness, which may lead to dental erosion if sportsmen consume such drinks multiple times a day. A growing number of population was observed preferring organic food products after the reported health hazards of GMO foods in the recent past. However, both the cultivation price and market price of organic foods are relatively more expensive compared to conventional and GMO food products. This is playing a key role in increasing the demand for non-GMO products, in terms of safety and price. Regional Outlook: Global Non-GMO Verified Sports Drinks
    Non-GMO Verified Sports Drink Market - Brochure | Future Market Insights
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  • Insect Protein Market Expected to Reach US$ 3.1 Billion Globally by 2033 A Health-Conscious Trend Sweeping Europe, USA, and Beyond






    From 2023 to 2033, the insect protein market is projected to accelerate at a CAGR of 17.7% from its 2023 value of US$ 602.3 million. By 2033, there is going to be US$ 3.1 billion global market.

    It is anticipated that demand for insect protein would increase over the course of the forecasted period as a result of growing consumer awareness of the advantages of consuming nutrient-dense foods and expanding customer preference for a healthy lifestyle.

    Thriving Applications and High Protein Content in Insects Insect Protein Need is Increasing

    There is an increased demand for nutrient-dense food items as a result of rising health concerns among consumers worldwide. As a result, producers in numerous other sectors now have access to the market for these food items.

    Examine the Market Growth Potential for Insect Protein with Our Detailed Sample Report to Research the Increasing Trend :
    https://www.futuremarketinsights.com/reports/sample/rep-gb-11050

    Consumers of today love natural products and are interested about the components, production methods, and geographic origins of the food they eat. Some of the key factors anticipated to propel the insect protein market’s growth over the course of the forecast year include consumers looking for wholesome and environmentally friendly food options, rising spending on functional food products, an increase in athletes and gym goers, and consumers.

    High Costs Limit Market Expansion

    Because of its usefulness, benefits to the environment, and nutritional value, insect protein is one of the distinctive and inventive animal feed proteins. High prices, regulations, and a lack of production capacity continue to be the key barriers to the growth of the insect protein business.

    The equipment and processes needed to create insect-based proteins must be upgraded for mass production because they are currently expensive. Even though many consumers are priced out of this market, few consumers are willing to pay higher rates for the environmental and health benefits of protein derived from insects.

    Regional Outlook

    A growing demand for human consumption products could lead to rapid growth in Europe.

    The European continent provided the majority of the income. In the European insect protein market, consumer acceptance of insect protein is higher for applications in the food and beverage industry, animal nutrition, and personal care.

    The recent licencing of insect protein for feed, particularly that for pigs and poultry, is expected to enhance demand in the European market. Because industrialised countries like France, Germany, and the United Kingdom have a strong demand for insect protein, it is projected that the market would expand significantly throughout the projection period.

    The majority of the revenue came from North America. Because consumers are becoming more aware of the use of insect-based products and have a larger need for nutrient-dense food products, the market is expected to be significant.

    The market for insect protein is expected to expand over the course of the anticipated period due to Mexico and Canada’s significant growth potential for new businesses and product launches.

    Key Takeaways

    With a CAGR of 20.6% and an expected market size of US$ 1.1 billion in 2033, the insect protein market in the United States is expected to grow rapidly over the projected period.With a strong CAGR of 11.9% and an expected market size of US$ 129 million in 2033, the Chinese market is expected to grow throughout the course of the estimated period.In 2033, it is expected that the Japan market would generate US$ 61.7 million and grow at a 9.5% CAGR.With a CAGR of 23.6% throughout the projection period, it is anticipated that the United Kingdom market would grow quickly, reaching US$ 300.8 million in 2033.The insect protein market in South Korea is predicted to expand at a CAGR of 9.8% over the predicted time period and could reach US$ 35.5 million in 2033.Powder is anticipated to expand at a CAGR of 15.4% over the anticipated time frame in the form category.The insect type category’s Caterpillars sector could have a CAGR of 21.8% from 2023 to 2033.

    Get in touch with an analyst to learn more about the dynamic competitive landscape of the market for insect protein :
    https://www.futuremarketinsights.com/checkout/11050




    Insect Protein Market Expected to Reach US$ 3.1 Billion Globally by 2033 A Health-Conscious Trend Sweeping Europe, USA, and Beyond From 2023 to 2033, the insect protein market is projected to accelerate at a CAGR of 17.7% from its 2023 value of US$ 602.3 million. By 2033, there is going to be US$ 3.1 billion global market. It is anticipated that demand for insect protein would increase over the course of the forecasted period as a result of growing consumer awareness of the advantages of consuming nutrient-dense foods and expanding customer preference for a healthy lifestyle. Thriving Applications and High Protein Content in Insects Insect Protein Need is Increasing There is an increased demand for nutrient-dense food items as a result of rising health concerns among consumers worldwide. As a result, producers in numerous other sectors now have access to the market for these food items. Examine the Market Growth Potential for Insect Protein with Our Detailed Sample Report to Research the Increasing Trend : https://www.futuremarketinsights.com/reports/sample/rep-gb-11050 Consumers of today love natural products and are interested about the components, production methods, and geographic origins of the food they eat. Some of the key factors anticipated to propel the insect protein market’s growth over the course of the forecast year include consumers looking for wholesome and environmentally friendly food options, rising spending on functional food products, an increase in athletes and gym goers, and consumers. High Costs Limit Market Expansion Because of its usefulness, benefits to the environment, and nutritional value, insect protein is one of the distinctive and inventive animal feed proteins. High prices, regulations, and a lack of production capacity continue to be the key barriers to the growth of the insect protein business. The equipment and processes needed to create insect-based proteins must be upgraded for mass production because they are currently expensive. Even though many consumers are priced out of this market, few consumers are willing to pay higher rates for the environmental and health benefits of protein derived from insects. Regional Outlook A growing demand for human consumption products could lead to rapid growth in Europe. The European continent provided the majority of the income. In the European insect protein market, consumer acceptance of insect protein is higher for applications in the food and beverage industry, animal nutrition, and personal care. The recent licencing of insect protein for feed, particularly that for pigs and poultry, is expected to enhance demand in the European market. Because industrialised countries like France, Germany, and the United Kingdom have a strong demand for insect protein, it is projected that the market would expand significantly throughout the projection period. The majority of the revenue came from North America. Because consumers are becoming more aware of the use of insect-based products and have a larger need for nutrient-dense food products, the market is expected to be significant. The market for insect protein is expected to expand over the course of the anticipated period due to Mexico and Canada’s significant growth potential for new businesses and product launches. Key Takeaways With a CAGR of 20.6% and an expected market size of US$ 1.1 billion in 2033, the insect protein market in the United States is expected to grow rapidly over the projected period.With a strong CAGR of 11.9% and an expected market size of US$ 129 million in 2033, the Chinese market is expected to grow throughout the course of the estimated period.In 2033, it is expected that the Japan market would generate US$ 61.7 million and grow at a 9.5% CAGR.With a CAGR of 23.6% throughout the projection period, it is anticipated that the United Kingdom market would grow quickly, reaching US$ 300.8 million in 2033.The insect protein market in South Korea is predicted to expand at a CAGR of 9.8% over the predicted time period and could reach US$ 35.5 million in 2033.Powder is anticipated to expand at a CAGR of 15.4% over the anticipated time frame in the form category.The insect type category’s Caterpillars sector could have a CAGR of 21.8% from 2023 to 2033. Get in touch with an analyst to learn more about the dynamic competitive landscape of the market for insect protein : https://www.futuremarketinsights.com/checkout/11050
    Insect Protein Market - Sample | Future Market Insights
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  • The global green coffee market size was valued at USD 34.03 billion in 2020. The market value is estimated to increase from USD 35.40 billion in 2021 to USD 47.22 billion by 2028 with a CAGR of 4.20% during the forecast period. The market is gaining momentum from the rising consumer awareness of various health benefits of the product among consumers. The product is also gaining popularity in nutraceutical products and dietary supplements. Fortune Business Insights presents this information in its report titled “Green Coffee Market, 2021-2028."

    Green coffee has gained tremendous popularity across the world over the past few years. Its demand is increasing due to growing consumer inclination towards functional foods & beverages and plant-based dietary supplements. Specialty coffee varieties such as green coffee beans are attracting an enormous consumer base worldwide. With increased disposable incomes, consumers are increasingly spending on premium-quality food & beverage products. These factors will work in favor of the market expansion during the forecast timeline.

    List of Key Players Profiled in the Report:

    The Hamburg Coffee Company (Germany)
    Neumann Kaffee Gruppe (Germany)
    Merchants of Green Coffee (U.S.)
    Belco S.A. (France)
    Starbucks Corporation (U.S.)
    Nordic Approach S.A. (Norway)
    Golden Bean Trade (Brazil)
    Atlantica Coffee (Brazil)
    Group MAGNUS BRAZIL-The Green Coffee Brazil (Brazil)
    WS Cafe (Vietnam)
    Drivers & Restraints:

    Growing Use in Nutraceuticals & Dietary Supplements to Boost Market Growth

    The green coffee market growth is primarily driven by the increasing awareness towards the various health benefits of the product among consumers. Green coffee beans are a major source of chlorogenic acid, which is an antioxidant that can be absorbed in the body readily. High antioxidant content has thus increased the product popularity significantly. Studies have also shown that the beverage can aid weight loss. This factor is driving its adoption among obese and overweight individuals.

    Attributed to the aforementioned health benefits, green coffee is being increasingly used in nutraceutical products and dietary supplements. Increased focus over healthy and immunity will thus help the market proliferate over the projected timeframe.

    However, price volatility of green coffee beans could hamper the market growth to some extent.

    Regional Insights:

    Europe is expected to lead the global green coffee market share during 2021-2028. The region is witnessing a notable uptick in product adoption for further processing in instant coffee and roasted coffee products. Specialty coffee products are gaining popularity among health-conscious consumers across Germany, Spain, and Italy.

    North America will witness growth owing to the thriving nutraceutical sector. The region is witnessing heavy usage of nutraceutical products and dietary supplements. Rise of the fitness sector and presence of major players such as Starbucks will drive the regional market forward.

    Meanwhile, the market is Asia Pacific will record notable growth during the analysis period due to rising disposable incomes of consumers and increased spending on premium-quality coffee products.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/green-coffee-market-106635
    The global green coffee market size was valued at USD 34.03 billion in 2020. The market value is estimated to increase from USD 35.40 billion in 2021 to USD 47.22 billion by 2028 with a CAGR of 4.20% during the forecast period. The market is gaining momentum from the rising consumer awareness of various health benefits of the product among consumers. The product is also gaining popularity in nutraceutical products and dietary supplements. Fortune Business Insights presents this information in its report titled “Green Coffee Market, 2021-2028." Green coffee has gained tremendous popularity across the world over the past few years. Its demand is increasing due to growing consumer inclination towards functional foods & beverages and plant-based dietary supplements. Specialty coffee varieties such as green coffee beans are attracting an enormous consumer base worldwide. With increased disposable incomes, consumers are increasingly spending on premium-quality food & beverage products. These factors will work in favor of the market expansion during the forecast timeline. List of Key Players Profiled in the Report: The Hamburg Coffee Company (Germany) Neumann Kaffee Gruppe (Germany) Merchants of Green Coffee (U.S.) Belco S.A. (France) Starbucks Corporation (U.S.) Nordic Approach S.A. (Norway) Golden Bean Trade (Brazil) Atlantica Coffee (Brazil) Group MAGNUS BRAZIL-The Green Coffee Brazil (Brazil) WS Cafe (Vietnam) Drivers & Restraints: Growing Use in Nutraceuticals & Dietary Supplements to Boost Market Growth The green coffee market growth is primarily driven by the increasing awareness towards the various health benefits of the product among consumers. Green coffee beans are a major source of chlorogenic acid, which is an antioxidant that can be absorbed in the body readily. High antioxidant content has thus increased the product popularity significantly. Studies have also shown that the beverage can aid weight loss. This factor is driving its adoption among obese and overweight individuals. Attributed to the aforementioned health benefits, green coffee is being increasingly used in nutraceutical products and dietary supplements. Increased focus over healthy and immunity will thus help the market proliferate over the projected timeframe. However, price volatility of green coffee beans could hamper the market growth to some extent. Regional Insights: Europe is expected to lead the global green coffee market share during 2021-2028. The region is witnessing a notable uptick in product adoption for further processing in instant coffee and roasted coffee products. Specialty coffee products are gaining popularity among health-conscious consumers across Germany, Spain, and Italy. North America will witness growth owing to the thriving nutraceutical sector. The region is witnessing heavy usage of nutraceutical products and dietary supplements. Rise of the fitness sector and presence of major players such as Starbucks will drive the regional market forward. Meanwhile, the market is Asia Pacific will record notable growth during the analysis period due to rising disposable incomes of consumers and increased spending on premium-quality coffee products. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/green-coffee-market-106635
    Green Coffee Market Size, Global Share, Revenue, Growth Forecast, 2031
    The global green coffee market size was valued at $35.40 billion in 2021 and is projected to grow from $38.43 billion in 2023 to $53.42 billion by 2031 at a CAGR of 4.20% during the forecast period.
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  • Functional Foods and Product Development solutions

    Guires industry experts co-create the concept through your vision & formulate science-based food prototypes for start-ups, global brands & major retailers

    Our Service >> https://www.foodresearchlab.com/what-we-do/new-product-development-service/new-food-product-development/

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    Functional Foods and Product Development solutions Guires industry experts co-create the concept through your vision & formulate science-based food prototypes for start-ups, global brands & major retailers Our Service >> https://www.foodresearchlab.com/what-we-do/new-product-development-service/new-food-product-development/ For Enquiry United Kingdom: +44 – 161 818 4656 India: +91 9566299022 info@foodresearchlab.com
    Food Product Development
    Guires industry experts co-create the concept through your vision & formulate science-based food prototypes for start-ups, global brands & major retailers.
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  • The global brown rice market size was valued at USD 9.30 billion in 2020. The market is estimated to rise from USD 9.71 billion in 2021 to USD 13.27 billion by 2028 at a 4.57% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Brown Rice Market, 2021-2028.”

    According to the study, heightened awareness about high-fiber foods and prebiotics has played an instrumental role in fueling the demand for whole grain rice. End-users are likely to seek specialty rice across advanced and emerging economies.

    Major Players Profiled in the Brown Rice Market Report:

    KRBL Limited (India)
    LT Foods Ltd. (India)
    Riviana Foods, Inc. (U.S.)
    Kohinoor Foods Limited (India)
    Lundberg Family Farms (U.S.)
    Hain Celestial Group (U.S.)
    New Bharat Group Rice Mills (India)
    Pride India FMCG Limited (India)
    Kikkoman Corporation (Japan)
    Sukoyaka Brown Rice (Japan)
    Drivers and Restraints

    Trend for Prebiotics to Usher Industry Growth

    Whole grains have received impetus across North America, Europe, and Asia Pacific, partly due to the demand for fiber-rich foods to minimize the risk of lifestyle-related chronic health conditions. The brown rice market growth will witness an upward trajectory due to the prominence of vitamins B1, B3, and B6. Industry participants are likely to inject funds into whole grains to cash in on demand for high-fiber functional foods. Moreover, surge in obese population has expedited the product demand globally. The trend for organic food is likely to foster the industry outlook and will further gain impetus with increasing the FDA-approved list of whole grains.

    However, volatile prices amidst changing weather conditions could dent the industry outlook.

    Regional Insights

    Growth to Unfold in Asia Pacific with Rising Prominence of Fiber-rich Products

    Stakeholders expect the Asia Pacific brown rice market share to witness an appreciable gain in the wake of the adoption of a healthy lifestyle and shifting consumption pattern. Emerging economies, such as China and India, are poised to up their investments in unpolished rice. Leading companies are likely to bank on soaring discretionary income and burgeoning population.

    The industry in North America is likely to be strong with soaring product consumption across the U.S. and Canada. Whole grain products have become trendier owing to escalating interest in prebiotic functional foods to boost gut health. With health experts promoting the need for high grain content food products in the diet, brown rice is poised to gain impetus.

    Industry participants are expected to expand their penetration across Europe, largely due to the trend for specialty rice and whole grains. Baby boomers and millennials are likely to exhibit traction for brown rice to boost health and bolster immunity. The rising uptake of organic whole grain across Spain, Italy, and Germany will bode well for regional growth.

    Competitive Landscape

    Leading Companies to Inject Funds into Product Portfolio Expansion to Bolster RoI

    Key industry players emphasize product launches, mergers & acquisitions, technological advancements, and R&D activities as their strategic moves. Prevailing trends indicate well-established players and emerging companies will focus on geographical expansion during the assessment period.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/brown-rice-market-106455
    The global brown rice market size was valued at USD 9.30 billion in 2020. The market is estimated to rise from USD 9.71 billion in 2021 to USD 13.27 billion by 2028 at a 4.57% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Brown Rice Market, 2021-2028.” According to the study, heightened awareness about high-fiber foods and prebiotics has played an instrumental role in fueling the demand for whole grain rice. End-users are likely to seek specialty rice across advanced and emerging economies. Major Players Profiled in the Brown Rice Market Report: KRBL Limited (India) LT Foods Ltd. (India) Riviana Foods, Inc. (U.S.) Kohinoor Foods Limited (India) Lundberg Family Farms (U.S.) Hain Celestial Group (U.S.) New Bharat Group Rice Mills (India) Pride India FMCG Limited (India) Kikkoman Corporation (Japan) Sukoyaka Brown Rice (Japan) Drivers and Restraints Trend for Prebiotics to Usher Industry Growth Whole grains have received impetus across North America, Europe, and Asia Pacific, partly due to the demand for fiber-rich foods to minimize the risk of lifestyle-related chronic health conditions. The brown rice market growth will witness an upward trajectory due to the prominence of vitamins B1, B3, and B6. Industry participants are likely to inject funds into whole grains to cash in on demand for high-fiber functional foods. Moreover, surge in obese population has expedited the product demand globally. The trend for organic food is likely to foster the industry outlook and will further gain impetus with increasing the FDA-approved list of whole grains. However, volatile prices amidst changing weather conditions could dent the industry outlook. Regional Insights Growth to Unfold in Asia Pacific with Rising Prominence of Fiber-rich Products Stakeholders expect the Asia Pacific brown rice market share to witness an appreciable gain in the wake of the adoption of a healthy lifestyle and shifting consumption pattern. Emerging economies, such as China and India, are poised to up their investments in unpolished rice. Leading companies are likely to bank on soaring discretionary income and burgeoning population. The industry in North America is likely to be strong with soaring product consumption across the U.S. and Canada. Whole grain products have become trendier owing to escalating interest in prebiotic functional foods to boost gut health. With health experts promoting the need for high grain content food products in the diet, brown rice is poised to gain impetus. Industry participants are expected to expand their penetration across Europe, largely due to the trend for specialty rice and whole grains. Baby boomers and millennials are likely to exhibit traction for brown rice to boost health and bolster immunity. The rising uptake of organic whole grain across Spain, Italy, and Germany will bode well for regional growth. Competitive Landscape Leading Companies to Inject Funds into Product Portfolio Expansion to Bolster RoI Key industry players emphasize product launches, mergers & acquisitions, technological advancements, and R&D activities as their strategic moves. Prevailing trends indicate well-established players and emerging companies will focus on geographical expansion during the assessment period. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/brown-rice-market-106455
    Brown Rice Market Size, Growth & Industry Report [2021-2028]
    The global brown rice market is projected to grow from USD 9.71 billion in 2021 to USD 13.27 billion by 2028 at a CAGR of 4.57% during the forecast period
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  • The global hydrocolloids market size is expected to experience substantial growth by reaching USD 13.30 billion by 2027 while exhibiting a CAGR of 5.13% between 2020 and 2027. This is attributable to the growing demand for convenience food products and the growing awareness regarding the benefits of clean-labeled additives such as hydrocolloids across the globe.

    List of Top Companies Profiled in the Global Hydrocolloids Market:

    Kerry Group plc (Tralee, Ireland)
    Koninklijke DSM N.V. (Heerlen, Netherlands)
    Cargill, Incorporated (Minnesota, United States)
    Archer-Daniels-Midland Company (Illinois, United States)
    DuPont de Nemours, Inc. (Delaware, United States)
    Ashland Global Holdings Inc. (Delaware, United States)
    J.M. Huber Corporation (New Jersey, United States)
    W Hydrocolloids, Inc. (Philippines)
    Ingredion, Incorporated (Illinois, United States)
    Tate & Lyle plc (London, United Kingdom)
    Hydrocolloids are polymers, mostly proteins, and polysaccharides, that have the property of forming gels or viscous dispersion when combined with water. Additionally, their ability to provide the right viscosity, structure, and texture to several food products enables their wider adoption in manufacturing several food products worldwide.

    KEY DRIVING FACTORS

    Increasing Demand for Convenient Food Products to Aid Growth

    The increasing awareness regarding the consumption of clean-labeled food products is likely to drive the adoption of clean-labeled additives such as hydrocolloids. The growing demand for healthy, convenient food products owing to high nutritional content is expected to boost the adoption of the products globally. Moreover, the rising healthy issue due to the consumption of harmful fatty foods such as burgers, pizzas, and others is propelling consumers to adopt a healthy meal regime. These factors are likely to contribute to the global hydrocolloids market growth in the forthcoming years.

    MAJOR SEGMENTATION

    Food & Beverages Segment to Hold Major Market Share

    The food & beverages segment, based on application, is expected to experience considerable growth in the forthcoming years. This is ascribable to factors such as the growing demand for natural and nutritious food products that contain hydrocolloids worldwide.

    REGIONAL INSIGHTS

    Asia-Pacific to Remain Dominant; Presence of Manufacturing Units to Promote Growth

    Among all the regions, Asia-Pacific is expected to remain at the forefront and hold the highest position in the global hydrocolloids market during the forecast period. This is attributable to the presence of hydrocolloid manufacturing units in countries such as India, Thailand, China, and Indonesia in the region. Asia-Pacific stood at USD 3.44 billion in 2019.

    On the other hand, North America is expected to showcase exponential growth backed by the growing demand for fortified convenience food products that is likely to drive the adoption of hydrocolloids in the region between 2020 and 2027.

    COMPETITIVE LANDSCAPE

    Prominent Companies Focus on Facility Expansion to Amplify Their Market Positions

    The global market is consolidated by the presence of key players focusing on expanding their production facility into developing innovative hydrocolloids to cater to the growing demand for functional food products. Additionally, other key players are striving to maintain their footprint by adopting strategies such as partnership, the introduction of new products, and merger and acquisition that will boost the market growth during the forecast period.

    Key Industry Development:

    November 2018: CP Kelco, a subsidiary of J.M. Huber Corporation, announced the expansion of its pectin production capacity in Denmark by about 15%. The company aims to cater to the increasing demand for clean-label ingredients across functional foods and further strengthen its position in the global marketplace.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/industry-reports/hydrocolloids-market-100552
    The global hydrocolloids market size is expected to experience substantial growth by reaching USD 13.30 billion by 2027 while exhibiting a CAGR of 5.13% between 2020 and 2027. This is attributable to the growing demand for convenience food products and the growing awareness regarding the benefits of clean-labeled additives such as hydrocolloids across the globe. List of Top Companies Profiled in the Global Hydrocolloids Market: Kerry Group plc (Tralee, Ireland) Koninklijke DSM N.V. (Heerlen, Netherlands) Cargill, Incorporated (Minnesota, United States) Archer-Daniels-Midland Company (Illinois, United States) DuPont de Nemours, Inc. (Delaware, United States) Ashland Global Holdings Inc. (Delaware, United States) J.M. Huber Corporation (New Jersey, United States) W Hydrocolloids, Inc. (Philippines) Ingredion, Incorporated (Illinois, United States) Tate & Lyle plc (London, United Kingdom) Hydrocolloids are polymers, mostly proteins, and polysaccharides, that have the property of forming gels or viscous dispersion when combined with water. Additionally, their ability to provide the right viscosity, structure, and texture to several food products enables their wider adoption in manufacturing several food products worldwide. KEY DRIVING FACTORS Increasing Demand for Convenient Food Products to Aid Growth The increasing awareness regarding the consumption of clean-labeled food products is likely to drive the adoption of clean-labeled additives such as hydrocolloids. The growing demand for healthy, convenient food products owing to high nutritional content is expected to boost the adoption of the products globally. Moreover, the rising healthy issue due to the consumption of harmful fatty foods such as burgers, pizzas, and others is propelling consumers to adopt a healthy meal regime. These factors are likely to contribute to the global hydrocolloids market growth in the forthcoming years. MAJOR SEGMENTATION Food & Beverages Segment to Hold Major Market Share The food & beverages segment, based on application, is expected to experience considerable growth in the forthcoming years. This is ascribable to factors such as the growing demand for natural and nutritious food products that contain hydrocolloids worldwide. REGIONAL INSIGHTS Asia-Pacific to Remain Dominant; Presence of Manufacturing Units to Promote Growth Among all the regions, Asia-Pacific is expected to remain at the forefront and hold the highest position in the global hydrocolloids market during the forecast period. This is attributable to the presence of hydrocolloid manufacturing units in countries such as India, Thailand, China, and Indonesia in the region. Asia-Pacific stood at USD 3.44 billion in 2019. On the other hand, North America is expected to showcase exponential growth backed by the growing demand for fortified convenience food products that is likely to drive the adoption of hydrocolloids in the region between 2020 and 2027. COMPETITIVE LANDSCAPE Prominent Companies Focus on Facility Expansion to Amplify Their Market Positions The global market is consolidated by the presence of key players focusing on expanding their production facility into developing innovative hydrocolloids to cater to the growing demand for functional food products. Additionally, other key players are striving to maintain their footprint by adopting strategies such as partnership, the introduction of new products, and merger and acquisition that will boost the market growth during the forecast period. Key Industry Development: November 2018: CP Kelco, a subsidiary of J.M. Huber Corporation, announced the expansion of its pectin production capacity in Denmark by about 15%. The company aims to cater to the increasing demand for clean-label ingredients across functional foods and further strengthen its position in the global marketplace. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/industry-reports/hydrocolloids-market-100552
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    Hydrocolloids Market Size, Share | Global Industry Report, 2027
    The global hydrocolloids market size accounted for USD 9.07 billion in 2019. The market is projected to grow from USD 9.37 billion in 2020 to USD 13.30 billion in 2027 at a CAGR of 5.13% during the 2020-2027 period.
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  • The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors.

    Leading Players Featured in the Research Report:

    Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands)

    Segmentation:

    Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability

    On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors.

    Hemp Fiber to Gain Traction Owing to Surging Application

    Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile.

    Textile Segment to Lead Due to Rising Adoption of Sustainable Practices

    On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change.

    Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa.

    Drivers and Restraints:

    Surge in Market Value Driven by Growing Government Support and Escalating Legalization

    Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries.

    However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries.

    Regional Insights:

    Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization

    Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others.

    In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises.

    Competitive Landscape:

    Key Companies Ink Collaborations for Footprint Expansion

    Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products.

    Key Industry Development:

    March 2020 – The Uzbekistan government legalized cannabis cultivation. The license was assigned to cultivators with a THC (tetrahydrocannabinol) level of less than 0.2%.

    Source Link:

    https://www.fortunebusinessinsights.com/industrial-hemp-market-102459
    The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors. Leading Players Featured in the Research Report: Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands) Segmentation: Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors. Hemp Fiber to Gain Traction Owing to Surging Application Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile. Textile Segment to Lead Due to Rising Adoption of Sustainable Practices On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change. Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints: Surge in Market Value Driven by Growing Government Support and Escalating Legalization Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries. However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries. Regional Insights: Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others. In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises. Competitive Landscape: Key Companies Ink Collaborations for Footprint Expansion Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products. Key Industry Development: March 2020 – The Uzbekistan government legalized cannabis cultivation. The license was assigned to cultivators with a THC (tetrahydrocannabinol) level of less than 0.2%. Source Link: https://www.fortunebusinessinsights.com/industrial-hemp-market-102459
    Industrial Hemp Market Size, Share | Industry Outlook [2030]
    The global industrial hemp market size is projected to grow from $7.90 billion in 2023 to $31.98 billion by 2030, at a CAGR of 22.11% during the forecast period
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  • 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.

    List of Companies Covered in the Functional Foods and Beverages Market Report:

    The Coca-Cola Company (Georgia, United States)
    Celsius Holding, Inc. (Florida, United States)
    PepsiCo Inc. (New York, United States)
    Glanbia Plc (Kilkenny, Ireland)
    Nestle S.A. (Vevey, Switzerland)
    Arla Foods amba (Viby, Denmark)
    Hearthside Food Solutions LLC (Illinois, United States)
    Tyson Foods Inc. (Arkansas, United States)
    General Mills Inc. (Minnesota, United States)
    Danone S.A. (Paris, France)
    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.

    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
    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. List of Companies Covered in the Functional Foods and Beverages Market Report: The Coca-Cola Company (Georgia, United States) Celsius Holding, Inc. (Florida, United States) PepsiCo Inc. (New York, United States) Glanbia Plc (Kilkenny, Ireland) Nestle S.A. (Vevey, Switzerland) Arla Foods amba (Viby, Denmark) Hearthside Food Solutions LLC (Illinois, United States) Tyson Foods Inc. (Arkansas, United States) General Mills Inc. (Minnesota, United States) Danone S.A. (Paris, France) 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. 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 Food and Beverage Market Size, Industry Share, Report, 2031
    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 nutraceuticals market is expected to gain momentum by reaching USD 658.11 billion by 2028 while exhibiting a CAGR of 9.3% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Nutraceuticals Market, 2021-2028.”, mentions that the market stood at USD 320.00 billion in 2020. Factors such as the increasing personalization in nutritional diet and the increasing investment in R&D activities are expected to propel the demand for the product in the forthcoming years.

    List of Companies Profiled in the Global Nutraceuticals Market:

    Herbalife Nutrition Ltd. (California, United States)
    Archer Daniels Midland Company (Illinois, United States)
    General Mills (Minnesota, United States)
    PepsiCo Inc. (New York, United States)
    BASF SE (Mannheim, Germany)
    Abbott (Illinois, United States)
    Amway (Michigan, United States)
    Glanbia Plc. (Ireland)
    Danone S.A. (Paris, France)
    Nestle S.A. (Vevey, Switzerland)
    DRIVING FACTORS

    Increasing Investment in Product Development to Favor Growth

    In January 2020, Archer Daniels Midland Company announced the acquisition of Yerbalatina Phytoactives, a leading manufacturer of natural plant-based extracts and ingredients. The company with its investment aims to strengthen its position in the market. Similarly, several companies are focusing on investing in R&D activities to develop and introduce health-benefiting food products to cater to the growing demand for nutritious products worldwide. Moreover, the development of natural food products devoid of any harmful substances will boost the global nutraceuticals market growth in the forthcoming years.

    REGIONAL INSIGHTS

    Asia-Pacific to Remain at Forefront; Demand for Functional Foods to Increase in North America

    Among all the regions, Asia-Pacific is expected to remain dominant and hold the highest position in the market during the forecast period. The dominance is attributable to the presence of a large population and the improving living standards in countries such as India, Japan, and South Korea, among others that will boost the demand for nutraceuticals in the region. Moreover, the region stood at USD 124.70 billion in 2020.

    The market in North America is expected to hold the second position in the market backed by the increasing demand for plant-based nutritional products and the growing demand for functional food in countries such as the U.S. between 2021 and 2028.

    Market Segmentation:

    Based on product type, the market is trifurcated into dietary supplements, functional foods, and functional beverages.

    On the basis of product type, the dietary supplements segment held a global nutraceuticals market share of about 19.12% in terms of revenue in 2020 and is likely to experience considerable growth. This is due to several companies focusing on expanding their dietary supplement production facilities to cater to the growing consumer demand.

    Based on the distribution channel, the market is categorized into hypermarkets/supermarkets, convenience stores, online retail, and others. Lastly, on the basis of region, the market is segregated into Asia-Pacific, North America, Europe, South America, and the Middle East and Africa.

    COMPETITIVE LANDSCAPE:

    Merger and Acquisition between Major Companies to Brighten their Market Prospects

    The global market comprises small, medium, and large companies that are striving to maintain a stronghold. The large companies are focusing to expand their nutraceuticals portfolio by acquiring other small companies. Moreover, other key players are adopting strategies such as facility expansion, partnership, and collaboration to gain a competitive edge over their rivals that will favor the market growth in the forthcoming years.

    Key Industry Development:

    September 2020 - Nuliv Science introduced a new compound, Senactiv that helps to promote muscle energy and regeneration. The company further reports that the new sports product is manufactured taking into consideration the surging demand for dietary supplements among consumers.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/nutraceuticals-market-102530
    The global nutraceuticals market is expected to gain momentum by reaching USD 658.11 billion by 2028 while exhibiting a CAGR of 9.3% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Nutraceuticals Market, 2021-2028.”, mentions that the market stood at USD 320.00 billion in 2020. Factors such as the increasing personalization in nutritional diet and the increasing investment in R&D activities are expected to propel the demand for the product in the forthcoming years. List of Companies Profiled in the Global Nutraceuticals Market: Herbalife Nutrition Ltd. (California, United States) Archer Daniels Midland Company (Illinois, United States) General Mills (Minnesota, United States) PepsiCo Inc. (New York, United States) BASF SE (Mannheim, Germany) Abbott (Illinois, United States) Amway (Michigan, United States) Glanbia Plc. (Ireland) Danone S.A. (Paris, France) Nestle S.A. (Vevey, Switzerland) DRIVING FACTORS Increasing Investment in Product Development to Favor Growth In January 2020, Archer Daniels Midland Company announced the acquisition of Yerbalatina Phytoactives, a leading manufacturer of natural plant-based extracts and ingredients. The company with its investment aims to strengthen its position in the market. Similarly, several companies are focusing on investing in R&D activities to develop and introduce health-benefiting food products to cater to the growing demand for nutritious products worldwide. Moreover, the development of natural food products devoid of any harmful substances will boost the global nutraceuticals market growth in the forthcoming years. REGIONAL INSIGHTS Asia-Pacific to Remain at Forefront; Demand for Functional Foods to Increase in North America Among all the regions, Asia-Pacific is expected to remain dominant and hold the highest position in the market during the forecast period. The dominance is attributable to the presence of a large population and the improving living standards in countries such as India, Japan, and South Korea, among others that will boost the demand for nutraceuticals in the region. Moreover, the region stood at USD 124.70 billion in 2020. The market in North America is expected to hold the second position in the market backed by the increasing demand for plant-based nutritional products and the growing demand for functional food in countries such as the U.S. between 2021 and 2028. Market Segmentation: Based on product type, the market is trifurcated into dietary supplements, functional foods, and functional beverages. On the basis of product type, the dietary supplements segment held a global nutraceuticals market share of about 19.12% in terms of revenue in 2020 and is likely to experience considerable growth. This is due to several companies focusing on expanding their dietary supplement production facilities to cater to the growing consumer demand. Based on the distribution channel, the market is categorized into hypermarkets/supermarkets, convenience stores, online retail, and others. Lastly, on the basis of region, the market is segregated into Asia-Pacific, North America, Europe, South America, and the Middle East and Africa. COMPETITIVE LANDSCAPE: Merger and Acquisition between Major Companies to Brighten their Market Prospects The global market comprises small, medium, and large companies that are striving to maintain a stronghold. The large companies are focusing to expand their nutraceuticals portfolio by acquiring other small companies. Moreover, other key players are adopting strategies such as facility expansion, partnership, and collaboration to gain a competitive edge over their rivals that will favor the market growth in the forthcoming years. Key Industry Development: September 2020 - Nuliv Science introduced a new compound, Senactiv that helps to promote muscle energy and regeneration. The company further reports that the new sports product is manufactured taking into consideration the surging demand for dietary supplements among consumers. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/nutraceuticals-market-102530
    Nutraceuticals Market Size, Growth & Industry Trends [2028]
    The global nutraceuticals market is predicted to grow from $352.92 billion in 2021 to $658.11 billion in 2028 at a CAGR of 9.3% in forecast period 2021-2028
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