Food and Beverages Research

Market Analysis

Coffee Market is Expected to demonstrate a Significant Growth rate During the Forecast Period owing to Rapid Urbanization and Rising Per Capita disposable income of consumers in Trying new Beverages. The frequent innovations in the product variety by the industry players are anticipated to push the global coffee market during the review period. For instance, manufacturers have launched products like coffee pods, coffee premixes, and coffee capsules in order to meet the increasing demand for convenience food. With the increasing consumption of coffee across the world, the market is likely to flourish. Coffee is one of the most widely consumed and demanding beverages in the world. Regions like North America holds a huge market share where around 71% of the total population consumes coffee daily.

Coffee Market is projected to garner USD 102,279.2 million during the forecast period (2018-2023). The global market is likely to demonstrate 4.32% CAGR owing to the increased consumption of coffee across the world. A beverage with widespread consumption in the world, coffee has been through several changes and innovation over the past years. Coffee is prepared by brewing processed or roasted coffee seeds. The two major varieties used in the production of coffee are Robusta and Arabica.

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On the flip side, fluctuating prices of coffee beans are likely to impact the market growth adversely. Coffee is one of the highly traded commodities in the world and is rising rapidly both in producing and non-producing regions. The climatic change affects the productivity can also act as a growth deterrent.

Major Key Players

The major players operating the Global Healthy Coffee Market are

• Tchibo Coffee International Ltd. (U.K.),
• Tata Global Beverages Ltd. (India),
• Nestlé S.A. (Switzerland),
• The Coca Cola Company (U.S.),
• Strauss Group Ltd. (Israel),
• The Kraft Heinz Company (U.S.),
• Jacobs Douwe Egberts (The Netherlands),
• Starbucks Corporation (U.S.),
• The J.M. Smucker Company (U.S.)
• Unilever PLC (U.K.)

Industry Updates

December 11, 2018: In order to enhance the experiential customer experience, Starbucks Corporation has decided to open the fourth reserve bar in Canada which contains rare and exclusive small-lot coffees. The unique design of these coffee bars aims to entice millennials in trying novel aromas and brews.

Segment Analysis

The global coffee market has been segmented on the basis of variety, form, distribution channel, and region.

coffee market Types has been segmented into Arabica, Robusta, and others. Among these, the Robusta type accounts for 4.85% CAGR and is likely to garner USD 30,046 million during the forecast period. Asia Pacific is considered to account for the maximum proportion in this segment. On the other hand, the Arabica segment is expected to demonstrate 4.07% CAGR over the review period. Europe is considered to account for the maximum share.

By mode of form, the global coffee market has been segmented into whole, ground, instant coffee powder, portioned coffee, premixes, pods, and others Coffee Market Benefits. Among these, the ground form is expected to demonstrate 4.45% CAGR and is likely to garner USD 63,644.5 million during the review period. The whole form, on the other hand is likely to project 4.12% CAGR and is estimated to touch USD 38,634.7 million by 2023.

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Regional Insights

Geographically, the Coffee Market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World.

Among all the regions, the North American region is predicted to demonstrate 23.88% CAGR during the review period and is likely to garner USD 24,277.8 million. The growth in this region is attributed to the high consumption of Arabica in this region. The North American region is an attractive region among the coffee manufacturers. Expanding product portfolio by the key manufacturers is one of the major factors contributing to the growth of the market in this region. Moreover, innovation in flavor is another major factor anticipated to influence the market growth during the appraisal period. Manufacturers are focusing on the promotional activities in order to create awareness among the consumers related to the new product launch, which further stimulates the market growth.

Europe accounted for nearly 36% revenue of the coffee market in 2017

Market Insight

Essential Oil Market is estimated to demonstrate 7.5% CAGR during the forecast period (2017-2024). The market is estimated to garner USD 18,956 million owing to the health benefits offered by essential oils. Also referred to as aetherolea, volatile oils, or ethereal oils, essential oils are generally derived from stems, leaves, bark, flowers, roots, or other parts of a plant. They are obtained from several plants and herbs like eucalyptus, orange, peppermint, corn mint, lemon, citronella, spearmint, and lime clover leaf by using distillation methods such as water distillation and steam. Essential oils also comprise real essence and volatile aroma compounds of the plant from which it is derived.

Market Potential and Pitfalls

With the augmenting consumer preference for organic and natural products right from cosmetics to food items, the market for essential oil is predicted to flourish. This has further led the manufacturers to develop products containing natural additives. Thereby, there has been an increase in the usage of essential oils among these industries. Additional factors promoting the market growth are improved living standard in the emerging economies along with the augmenting disposable income. With augmenting awareness regarding health benefits associated with the use of naturally sourced oils coupled with the accelerating number of people shifting towards aromatherapy, the global market for essential oil is likely to experience an upthrust. Moreover, increasing R&D activities coupled with the innovation in the extraction techniques are likely to bolster the market growth in the coming years.

On the flip side, the high price of the essential oils, limited availability of raw materials, and availability of synthetic substitutes are some of the top barriers considered to vitiate the growth during the assessment period. Despite several hiccups, favorable regulations along with government support are anticipated to create lucrative opportunities for the market growth worldwide.

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Leading Players

The prominent players operating the Global Essential Oil Market are

• Shiv Sales Corporation (India),
• Sydney Essential Oils (Australia)
• Shaanxi GUANJIE Technology Co. Ltd (India)
• The LEBERMUTH Co., Inc. (U.S.),
• DOTERRA (U.S.),
• Young Living (U.S.),
• BIOLANDES (France)

Industry Updates

January 28, 2019: A team of researchers from the University of Zaragoza and State University of Maringa in Brazil has recently explored the usage of several essential oils along with blends of essential oils in the diet of feedlot-finished heifers.

Segment Analysis

The global essential oil market has been segmented based on type, ingredients, and application.

By mode of type, the global essential oil market has been segmented into compound essential oil, pure essential oil, and others.

By mode of ingredients, the global essential oil market has been segmented into corn mint, orange, eucalyptus, cedarwood, lavender, chamomile, citronella, clary sage, citrodora, litsea cubeba, basil, peppermint, cloves leaf, and others. Among these, the orange oil is considered to experience the fastest growth rate and is likely to retain its dominance throughout the appraisal period. End-use industries like cosmetics are extensively using orange essential oils in order to improve the product value and sensory appeal.

By mode of application, the global essential oil market has been segmented into aromatherapy, fragrance & flavor, cosmetics, pharmaceutical, and others.

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Regional Insights

Geographically, the Essential Oils Market span across regions namely, Europe, America, Asia Pacific, and the Rest-of-the-World (RoW).

The European region is estimated to showcase a significant growth rate owing to the presence of organizations such as the European Federation of Essential Oils which has contributed to the market growth in this region. The organization safeguards and promotes the interest of the stakeholders and also involves in discussion with the European Parliament and commission in order to amend or introduce legislation regarding such essential oils. Such factors are highly influencing the market growth throughout the appraisal period.

Among all the regions, the Asia Pacific region is estimated to dominate the global essential oils market with a share of 58.2%. The growth in this region can be credited to the presence of huge population coupled with untapped markets which attract the attention of the key players in order to expand and establish their distribution and operational facilities in this region. With the economic growth of developing countries such as India and China, there is an increase in the urban class population, which is further fostering the sales of essential oils in this region. Additionally, the augmenting demand for essential oils from fragrance and flavours sector is predicted to promote the market growth to a large extent.

Market Scenario

Biostimulants Market is considered to register 11.09% CAGR during the estimated period (2017-2023) owing to the rising awareness of organic farming, asserts Market Research Future (MRFR). Bio stimulant is referred to as a biological extract or substance which is used as plant supplements to enhance the abiotic stress tolerance, nutrition efficiency, and others, regardless of the nutrient contents. It is a microorganism or a substance which stimulate the plant growth and increases the nutrient availability, metabolism, water holding capacity, and production of chlorophyll. Bio stimulants are extensively used on fruits, cereals, and vegetables.

Drivers and Constraints

With increasing awareness regarding organic farming and the adverse effects associated with the use of chemical fertilizers, the global market for bio stimulants is considered to flourish during the assessment period. Crop productivity and crop health is directly proportional to the quality of soil. Bio stimulants impart additional nutrients and act as a growth factor which is important for plant metabolic activities and in altering soil to improve crop yield. They are also used in restoring the degraded soil by regulating soil pH. Such factors trigger the demand for bio stimulants across the globe. With the accelerating demand for organically produced food, the demand for bio stimulants is increasing. Additionally, the augmenting level of investment in research activities in order to identify the right formulation and organic molecules to improve the plant metabolism and enhance the performance of the plant in a short span in a cheaper way, further influences the market growth. Bio stimulants are also used in diverse spectrum including agriculture and horticulture.

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On the flip side, low innovation in product development is estimated to dampen the market growth during the appraisal period. Product development comprise observing plants and their ecosystem. Extensive research is required in order to invent new bioactive compounds, understand how synergies offer strong effects than any single microorganism, and also identify beneficial microorganisms. Almost 2 to 5 years is required to introduce a new bio stimulant product in the market. Monitoring the crops to decide the way of application and time during the development of product is a bigger challenge. Moreover, lack of understanding and knowledge related to the use of bio stimulant coupled with the regulatory constraints are some of the major concerns considered to impede the market growth in the coming years.

Key Players

The prominent players operating the Global Bio-Stimulants Market are

• Sapec Group (Trade Corporation International) (Spain),
• Koppert B.V (The Netherlands),
• Italpollina (Italy),
• Arysta Life Science Limited (Japan),
• BASF SE (Germany),
• Isagro S.P.A (Italy)
• Valagro S.P.A (Italy)

Industry Updates

April 30, 2018: Biostimulant Coalition has recently announced its participation in the first agribusiness biostimulant conference, AgriBusiness GlobalSM Biostimulant CommerceCon, in Arizona, USA. The event can be the basis for discussing future trends which can dominate the future path of the market.

Segment Analysis:

The global bio stimulants market has been segmented on the basis of type, crop type, application, active ingredient, acid-based ingredients, extract-based ingredients, and region.

By mode of type, the global bio stimulants market has been segmented into natural and synthetic. Among these, the natural bio stimulant segment is presumed to dominate the global market owing to the augmenting demand for clean and organic label food product which has increased in the recent times.

By mode of crop type, the global bio stimulants market has been segmented into row crops, fruits & vegetables, turfs & ornaments, and others. Among these, the row crop segment is considered to dominate the global market and is estimated to expand at a CAGR of 10.9% during the forecast period.

By mode of application, the global bio stimulants market has been segmented into foliar treatment, seed treatment, and soil treatment.

By mode of active ingredient, the global bio stimulants market has been segmented into extracts, acid based, and others. Among these, the acid-based bio stimulant is estimated to dominate the global market closely followed by extract-based.

By mode of acid-based ingredients, the global bio stimulants market has been segmented into fulvic acid, humic acid, and amino acid.

By mode of extract-based ingredients, the global bio stimulants market has been segmented into plant, microbial, and seaweed. Among these, the seaweed extract is considered to experience the fastest growth rate as the usage of seaweed as a source of fertilizer and an organic matter in agriculture has been practiced since years. Its application as a bio stimulant has gained popularity in the recent times.

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Regional Insights

Geographically, the bio stimulants market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (ROW).

Among these, Europe is considered to experience the highest adoption rate of bio stimulants in the agriculture industry owing to the augmenting awareness and high requirement for fruit and field crops such as pears, apples, cotton, peaches, and corn. The region is presumed to expand at CAGR of 11.22% in the coming years.

The Asia-Pacific region is predicted to register as the fastest growing region in the bio stimulants market and high growth in economies such as India, China, Australia, Japan, and the Latin American countries. The growth is attributed to the ample opportunities offered for expansion to the major players. Moreover, the significant growth of sustainable agriculture practices to meet export quality standards has strengthened the market potential for bio stimulant manufacturers in the local markets.

Market Analysis

Non-alcoholic beer refers to low-alcohol content beverage prepared by the fermentation of major ingredients such as malt, hop, water and sometimes yeast (to accelerate the process). The production of non-alcoholic beer is carried out under the controlled process of malting with a set temperature and pH. Removal of alcohol is performed by various techniques such as vacuum distillation, reverse osmosis, or by restricting the ability of the yeast to ferment wort. Every brewery has its own methods and trade secrets on manufacturing non-alcoholic beer. Non-Alcoholic Beer Market is expected to grow at the CAGR of 8.28%. Non-Alcoholic Beer market has witnessed substantial innovation in terms of new product launches along with research & development and collaboration. Also, the overall disposable income of the consumer is increasing over the past few years which in turn leads to surge in sales of non-alcoholic beer during the forecast period.

Amidst the free market structure and low structural rigidities, high rates of economic and demographic growth are also indirectly contributing to the growth of non-alcoholic beer market. Rising consumer awareness, informed consumers with clear perceptions and willingness to engage in buying healthy goods are some of the elements that come together and fuel the demand of non-alcoholic beer market Benefits globally. The consumer behavior includes the rate of adoption of new innovative products and their spending decision and as consumers are becoming increasingly aware of the benefits of non-alcoholic beer, the adoption rate of non-alcoholic beer has been rising. With growing consumers’ health awareness and pursuit of healthy lifestyle, as well as corresponding purchasing behaviors, has opened up new market opportunities for industrial players to tap the unexplored market horizons.

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Major Key Players

This report includes a study of strategies used in the market, mergers and acquisitions in non-alcoholic beer, multiple product launch by non-alcoholic beer market players. It further includes product portfolios and developments of leading major players which includes

The leading market players in the Global Non-Alcoholic Beer Market primarily are

• Heineken N.V. (Netherland),
• Erdinger Weibbrau (Germany),
• Anheuser-Busch InBev SA (Belgium),
• Big Drop Brewing Co. (U.K.),
• Krombacher Brauerei (Germany),
• Bernard Brewery (Czech Republic)
• Suntory Beer (Japan)

The market players have increased their level of investment in research to identify right formulation and to improve product functionality in order to capture lion’s share and create brand recognition in non-alcoholic beer market. Manufacturers indulge in maintaining transparency and allow food traceability in order to manage and mitigate risk and lowering the impact of recalls and lowering liability costs.  The global non-alcoholic beer market is segmented on the basis type, raw material, process and regions of non-alcoholic beer.

Industry Segment

The global Non-Alcoholic Beer Market is segmented into North America, Europe, Asia Pacific and Rest of the world. Among these, North America is projected to retain its dominance throughout the forecast period. North America is estimated to reach to USD 2.07 Billion by the end of 2024. The region is projected to grow at a substantial growth of 7.40% during the review period of 2017-2024. However, RoW region is also estimated to grow at a high pace as compare to the other region owing to the increasing acceptance of non-alcoholic beer instead of the other alcoholic beverages.

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Key Findings

Middle East countries find a massive opportunity in the non-alcoholic beer market owing to the rising Muslim population in that countries. North America is estimated to retain its dominance throughout the forecast period and to grow at a substantial CAGR of 7.40%. Among the North American country, Mexico is projected to witness a substantial growth of 8.45% during the forecast period of 2017-2024.

Market Overview

Organic sugar is far more than being a naturally cultivated produce. In addition to its cultivation without using chemical fertilizers & pesticides, organic sugar is processed by combining futuristic technologies and safe processing methods, which also helps further to eliminate uses of causative agents, perilous radiations & fungicides and to ensure the end to end food safety.

Apart from food and beverages products, organic sugar is also extensively used in pharma and personal care products. People are increasingly becoming aware of naturally grown products.  Their food preferences are changing rapidly, and they adopt different cuisines, culinary and continental food forms which further encourages demand for organic sugar.

Besides the growing awareness about the benefits of organic food coupled with the idea that organic food is good for health is fueling the market growth of organic sugar, escalating the market on the global platform.

The ever-increasing population and the organic food consumption trends adopted by consumers is the key driving force persuading the worldwide demand posing organic sugar as the most dominantly imported & exported product.  Its exports largely contribute to a nation’s gross income.  In major sugar producing countries such as China and India, organic sugar is generally sold at premium prices due to the greater demand and hence to enhance the export revenues which in turn, increases the market size.

Competitive Landscape

Fiercely competitive, the organic sugar market appears to be diversified due to the presence of numerous well-established players having an international presence. These players are investing heavily to enhance product quality and global expansion.

Key players leading the global Healthy Organic Sugar Market include

• Shree Renuka Sugars Limited (India),
• Dwarikesh Sugar Industries Limited (India),
• Tereos Internacional (Brazil),
• COSAN Ltd. (Brazil),
• RAIZEN S.A (Brazil),
• MITR PHOL Group (Thailand),
• Bunge Limited (Brazil)
• WANGKANAI Group (Thailand)

Industry/innovation/Related News

February 07, 2019 – Rodale Institute (the US), a nonprofit organization that supports research into organic farming announced plans to open the Midwest Organic Center at the Indian Creek Nature Center’s Etzel Sugar Grove Farm in Marion. The center will provide resources and support for the state’s more than 730 organic farms, and lead to organic farming education in the Midwest.

This initiative will support research innovative and regenerative, organic farming methods to provide farmers with the education and resources so they can implement those methods on their farms, expand public access to Rodale Institute’s research, and create progressive opportunities in agriculture.

October 26, 2018 ---- TTC Attapeu Sugar Cane Sole Co., Ltd. (Vietnam), a leading provider of organic sugar announced entering in a strategic cooperation with ED&F Man Sugar Ltd. (the UK), an agricultural commodities merchant, supplying and distributing sugar to consumers, industrial users, refineries, and wholesalers worldwide to sell organic sugar to Europe.

TTC’s Organic Golden Cane Sugar meets the organic standards for all steps from cultivation to final processing. This product has also been granted with an organic certification under the US Department of Agriculture and the EU’s standards.  Through the partnership, TTC products have qualified for export to not only Europe but also North America and other demanding markets across the world.

As per partnership deed, TTC Attapeu and its partner will focus on the supply and purchase of two products, Organic Golden Cane Sugar and Golden Cane Sugar, in the next five years.

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Market Segment

The MRFR analysis is segmented into two key dynamics for the convenience of understanding;

By Applications: Food & Beverages, Pharma and Personal Care among others.

By Regions:  Europe, North America, APAC and the Rest-of-the-World.

The subsegment food & beverages, based on applications is expected to dominate the segment on account of the high demand for organic, ready to eat food products. Factors substantiating the growth of this segment include the rising consumers’ preference for chemical-free healthy ingredients in food products.

Besides, sugar is an essential ingredient in the bakery & confectionery products which in turn, will propel the demand for organic sugar during the forecast period. However, the subsegment - personal care is expected to witness an impressive growth of 14.22% in terms of volume throughout the review period (2017-2022).

Market Insight

The Craft Beer Market holds significant potential, providing huge opportunity backed by the growing popularity of craft beer as one of the most famous beverages in the world. Moreover, there has been a subsequent increase in the number of breweries to cater to the augmented demand from consumer’s side. Also, craft beer is the third most popular drink, just behind water and tea, with the consumption said to be growing substantially amongst the youth. Apart from this, craft beer has gained significant popularity with consumers wanting to experiment with various available flavors of beer.

Besides, focusing on the health benefits, moderate consumption of craft beer helps maintaining weight, preventing cardiovascular disease and heart failure coupled with reduction in the risk of hypertension. As craft beer is a rich source of silicon, it plays a stellar role in elevating bone mineral density, preventing osteoporosis, along with decreasing the risk of diabetes as well as Alzheimer. Also, several young consumers are attracted to spend on craft beer consumption due to higher disposable income, availability of craft beer in diverse flavors and the plethora of health benefits associated with it. In summary, all these factors will be stimulating the demand for craft beer in the coming years.

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Key Players:

Craft Beer Market Companies include

• Sweetwater Brewery (U.S.),
• Yuengling & Son Inc. (U.S.),
• DUVEL Moortgat USA (U.S.),
• New Belgium Craft Brewery (U.S.),
• Bell's Brewery (U.S.),
• Boston Beer Co. (U.S.),
• Deschutes Brewery (U.S.)

Industry News

January 2019 – Ontario Craft Brewers (OCB) has launched its Great Beer. Better Access. Campaign, with the goal of encouraging craft beer lovers to participate in the consultation for any potential changes in the alcohol retail landscape in the city. This will be in addition to making sure of any other changes that take place, such as more access to locally-made craft beer in Ontario along with more choice on where to buy craft beer.

Regional Outlook

Regionally, the global Craft Beer Market is segmented into the regions of Asia Pacific, Europe, North America, and rest of the world (ROW).

Among these, the region of North America is slated to maintain its leading position throughout the forecast period, growing at a CAGR of 6.88%. Growing acceptance and liking for flavored beer, combined with the increasing preference for low alcohol by volume (ABV) beverages seem to be the factors working in favor of the regional market growth. Asia Pacific is going to be the fastest growing region in the global craft beer market, expanding at a CAGR of 7.40%. The impressive market growth is the result of massive contribution by emerging nations like China, India, Japan as well as ASEAN countries.

The countries located in the region of Latin America are continuously offering ample opportunities for expansion to prominent players. In addition, the high consumption of alcoholic beverages in developing nations in Asia Pacific and Latin America will result in an elevated demand for craft beer in forthcoming years.

One of the main factors responsible for the growth of the market in Europe is the accelerated demand for craft beer in various countries located in central and eastern Europe. Moreover, the craft beer market in the region is predominantly concentrated in regions such as Western Europe and Southern Europe, with most of the consumption taking place in countries such as France, Italy, the United Kingdom (UK), Switzerland, Germany, Belgium, the Netherlands, and Spain.

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Industry Segmentation

The market for Craft Beer Market is segmented based on Type, and Ingredients.

The type-based segments in the global craft beer market are ale, lager, stouts & porters and others. Although ale is the dominating segment in the market, it is lager beer that will grow at the highest CAGR during the review period, backed by the growing demand for innovative beer.

Ingredient-wise, the market caters to malt and other cereal grain, enzymes, yeast, hops, and others. here, malt is leading the market, whereas hops is the highest growing segment.

Market Overview

The global Nutraceuticals Market, backed by its rising demand, is projected to touch the valuation of USD 319.6 billion by 2023, says Market Research Future (MRFR). It can expect to achieve the CAGR of 6.70% during the forecast period (2017-2023).

Market Drivers and Key Barriers

The worldwide nutraceuticals product market holds a significant scope for expansion; with its contribution globally set to increase phenomenally in the next couple of years. Versatile in nature, nutraceuticals are useful across various industries, including animal feed additives, personal care, and pharmaceutical food & beverages. Latest innovations, as well as findings of function-specific antioxidants, are poised to offer countless opportunities in the booming sector.

Nutraceutical Products Market are a necessity in the modern world. The market’s expected growth in the future is backed by the mounting demand for preventive healthcare, along with the surge in medical treatment. The latter accelerates the demand for nutraceuticals-containing products, which highly favors the overall market. But the high investment required for research and development (R&D) could act as a critical barrier in the market growth.

On the bright side, a spate of innovations within the sector, such as novel Neem Extract and Purple corn could spell success for the market in the long run. Also, emerging nations are now more focused on preventive health care; which will give a significant boost to the demand for nutraceutical products. In the subsequent years, the functional food & beverages industries are projected to make use of antioxidants in high amount, which also adds to the strength of the market.

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Key Players and Industry Buzz

Worldwide Nutraceuticals Market Manufacturers include

• DSM Nutritional Products, Inc. (the Netherlands),
• BASF SE (Germany),
• I. du Pont de Nemours and Company (U.S.),
• Abbott Nutrition Manufacturing Inc. (U.S.),
• Archer-Daniels-Midland Company (U.S.),
• Cargill Inc. (U.S.),
• GlaxoSmithKline Plc (U.K)

January 2019 DSM has entered a joint venture with Nenter & Co., Inc. (China), acquiring a stake of 75% to accelerate the production of vitamin E in China.

Market Segmentation

The worldwide market for Nutraceuticals Market has been segmented based on ingredients, types and distribution channel.

The types of ingredients are probiotics, vitamins and minerals, omega-3, protein and peptides and others. Currently, vitamins and minerals segment hold the maximum share of 47.40%, as a growing population suffers from vitamin deficiency. Plus, vitamins possess various health benefits such as the ability to prevent various diseases like high cholesterol levels, eye disorders and heart problems. But it is the omega-3 segment that will showcase the fastest growth, which is set to be 8.23%. Omega-3 fatty acid is known for being a highly potent nutraceutical that works against the hardening of heart arteries, in addition to being used as an active ingredient across various industries. The third best growth is anticipated to be of probiotics.

The types of nutraceuticals include functional beverages, functional foods, Dietary Supplements and other Nutraceuticals Supplements Market. Between these, the market will be dominated by functional foods segment, whose coverage is projected to be 35%.

The distribution channels covered by the report are store-based and non-store based. The store-based distribution channel currently rules the market with the top share of 74.49% estimated in 2017.

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Regional Outlook

Europe, Asia Pacific (APAC), Middle East, and Africa and North America are the primary markets for nutraceuticals.

With respect to value and volume, North America is predicted to be the most lucrative nutraceuticals market with a share of 36.69%. Asia Pacific is poised to rise at a rate of 7.82%. The North America market’s share was valued at USD 79.36 billion in 2017, with the reasons being the prevalence of busy work schedules and the consumers’ preference for functional foods. APAC’S consumption of nutraceuticals is anticipated to rise at a rate of 7.82% in the given period based on the surging health issues and subsequently increasing health awareness among consumers.

The growth of the Europe market is the result of the presence of huge consumer base for beverages, food, personal care products, feed and dietary supplements. Besides, increasing purchasing power, boost in consumer demand for nutritional & health products and rising incomes offer promising prospects for the diversification of the nutraceutical market. Apart from this, the growing prevalence of health-related issues is expected to work in favor of the nutraceuticals market in the region.

Market Analysis

Over the last couple of decades, fuelled by the increasing disposable income and improving living standards attributed to the rising GDP, Wine consumption has dramatically increased. Changing lifestyles, increasing purchasing power which leads to change in preferences are some of the factors propelling the market growth. Furthermore, the increased demand for locally produced wines has gone up due to the change in such preferences driving growth of the global Wine market. Also, there is a change in the traditional form of packaging of wines, manufacturers are investing substantially to bring about better, attractive and innovative packaging solutions that can reflect the exclusivity and luxury nature of the wine using techniques such as foiling, heavy debussing, etc. Attractive packaging is also one of the key factor driving the market growth to an extent.

Wine needs no introduction, being around since 7000 BC suiting palates of consumers. Its market is ever increasing in thick & thins of economies. Although on the surface, Wine doesn’t seem to be undergone much of a transformation; there have been a lot of changes in its process like fermentation and filtration. Among them, Filtration expertise are critically important to achieve clarity and stability of fine Wine. And to attain the Filtration expertise, several technical advancements have been transpired in the field of Wines. Some of the notable innovations include - filter design innovation - Advanced Pleat Technology (APT), Rigid Extrusion Bonded Technology that controls the process parameters like temperature and pressure, and characteristics of the polypropylene resin. And Membrane Filter Technology offering unmatched protection of final membrane filters, as well as exceptionally long service life.

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Developing economy and increasing disposable income have a major impact on the wine market. Increased demand for premium alcohol is also driving the market for wine. Availability of various product types in wine supports the growth of wine market. Furthermore, high focus on research and development has led to innovations in wine varieties by experimenting with unique flavors, which has also fueled up the wine share in the global wine market. Innovation in fermentation process and inclusion of various ingredients for wine production has resulted in launch of various wine products. This has encouraged higher sales of wine globally.

Major Key Players

The key players profiled in wines are

• Shanghai Torres Wine Trading Co. Ltd. (China),
• Accolade Wines (U.K),
• Vina Concha y Toro (Chile)
• Distell Group Limited (South Africa)
• Treasury Wine Estates (Australia),
• Constellation Brands (U.K),
• & J. Gallo Winery (U.S.)

Market players in Wine Market are emphasizing in the merger & acquisition activities to upsurge the product portfolio of the company. Also, the manufacturers are also investing in the wine processing plant to increase the product portfolio.

The strategic sales plan of wine manufacturers includes use of online channels for marketing. For that, key manufacturers are entering into collaboration with the online channels to reach maximum customers and also to upsurge the brand value of the product. Key players in the wine market, is inclined to introduce new products in the market or to extend the product line of renowned product. Also, the company promotes their new products on social media to reach many customers. This promotional strategy aids to retain the existing the customers and to acquire new customers. Also, the key manufacturers are focusing in the packaging of the wine. Today packaging is not only used to increase the shelf life of the product but also it aids to upsurge the brand value of the product.

Latest Industry Updates

January 30, 2018 – Serafino Wines and Vigena Wines (Mclaren Vale wineries – Australia) announced that they have lodged development applications with Onkaparinga Council to expand their businesses. Which apparently was upgrading their bottling plant to increase exports.

January 29, 2018 – Waltz Vineyards Estate & Winery (Northumberland County) announced winning ‘Wine Excellence Award’ - Sponsored by the ‘Pa. Wine Society’ for the consecutive years. The contest features some of the top premium wines from around the state, with the criteria being that they are made from vinifera grapes. Recently, wineries also have been allowed to enter hybrids Chambourcin and Traminette.

January 25, 2018 – Texas Vineyard Market (TVM –Weatherford Wine Maker US) debuted a new wine made with hemp oil. Currently for sale in several liquor stores across north Texas, the wine is attracting attention to the winery. With the negative view from the Drug Enforcement Agency on cannabis plants, TVM had to submit multiple lab tests to show the wine met DEA requirements. And finally, the hemp wine received approval from the DEA in Dec. 2017 after over two years of development.

Sep 2017 Minibar Delivery, a premier on-demand alcohol delivery service, has announced its new launch Vineyard Select, a nationwide direct-to-consumer wine shipping service that connects customers across the country with independent vineyards for delivery straight to their door.  

Mar 2017 HSN and Time Inc. has went under partnership to launch exclusive new food & wine product line. This partnership will help in strengthening company’s business segment and will allow the company to come up with new products in upcoming years.

Sep 2016 Treasury Wine Estates has added three-strong wine range for the US, called Blass. The brand has been created by Treasury's Wolf Blass division in the Barossa valley region of Australia that comprises three varietals - a Chardonnay, a Cabernet Sauvignon and a red blend.

Jan 2016 Glazer's, Inc. has merged with Southern Wine & Spirits. This merger will help in improving the company’s business segment and malt beverage business.

Growth in awareness related to wine products information among consumers through books and social media platforms has supported wine sales globally. Popularity of wine is also supported by wine tourism and special programs focused on the presentation of wine areas and variety wines with the authentic and clear origin.

In the recent years, wine consumption has evolved resulting in more shifts of consumers towards higher-quality wines compared to traditional wines. Wine consumption has witnessed continuous fall in traditional wine-producing countries. This has forced many suppliers to shift to newer ingredients for wine production. Popularity of wines is more among the famous origin types and high-priced quality wines which has posed a threat to consumption of domestic cheaper wines. Domestic wines production volume is comparatively higher whose demand is highly affected with shift of consumers to premium wines.

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Regional Analysis

Wine Market is segmented into Europe, North America, Asia Pacific and Rest of the World. Among the entire region, Europe is estimated to account for the major market proportion in the year of 2017. The region is estimated to retain its dominance throughout the forecast period of 2017-2022. U.K and Germany are the major consuming countries of wine in Europe. Presence of key manufacturers in the European countries is one of the significant reasons for the rising growth of wine. Also, key manufacturers are focusing in the new product development which in turn escalates the sales of wine in Europe. However, Asia Pacific region is expected to expand at a high growth rate during the forecast period of 2017-2022. China and India are collectively accounting for the 50% of the overall Asia Pacific market. The growth of the Asia Pacific region is anticipated to be driven by the increasing youth population coupled with the increasing disposable income of the consumers.

Market Overview

Herbal Supplements Market is projected to grow significantly during the forecast period. Often used to correct any nutritional deficiencies, herbal supplements are increasingly being used for various other functions such as anti-aging, performance enhancement, etc. Natural herbal supplements are also gaining popularity as therapeutic solutions. The, are some key factors that have been identified as growth motivators.

Market restraints include stringent regulations and policies by relevant government authorities are expected to hamper growth. Additionally, high product price points and the presence of bogus herbal supplement manufacturers will further restrain growth in the market.

However, the effective nature of good quality herbal supplements has proven to be successfully in supporting treatment of lifestyle diseases like diabetes and growing demand for natural products is expected to favor growth patterns as opposed to the aforementioned market restraints.

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Major Key Players

MRFR’s report analyses the market strategies of some key players in the Global Herbal Supplements Market to provide comprehensive view of the competitive landscape. Major players include

• Herbalife International of America Inc.,
• Archer Daniels Midland Co.,
• RICOLA,
• Glanbia PLC,
• NBTY,
• Blackmores Limited
• NATURALIFE Asia Co. Ltd

Latest Industry News

The Food and Drug Administration (FDA), has ordered, Triangle Pharmanatural, to recall its kratom supplements. This unprecedented order follows the discovery of salmonella in the aforementioned herbal supplements and the consequent noncompliance of Triangle Pharma natural to voluntarily recall the products.

The Health Canada warnings database has recently been updated to include yohimbe supplements. The database is continually maintained and added to on the basis of relevant scientific research which may indicate adverse health effects from using unauthorized herbal supplements. Yohimbe has been found to cause serious reactions in consumers with preexisting heart, kidney or liver conditions.

Segmentation:

To provide a thorough understanding of the market and gain relevant insights the herbal supplement market has been segmented based on ingredients, delivery format and function.

On the basis of ingredients, the market has been segmented into stevia, ginseng, ginkgo, epimedium, green tea, hawthorn, aloe vera and others.

On the basis of delivery format, the market has been segmented into capsule, liquid, tablet, powder and others. Capsule as a delivery format is expected to grow at the fastest rate, due to ease of use as compared to alternatives. This delivery format is designed to be absorbed at a faster rate than tablets.

On the basis of function, the market has been segmented into beauty products, antioxidant digestive system, weight loss, memory improvement, anti-aging, regulation of blood system and others. Weight loss herbal supplements are expected to be the fastest growing segment on the basis of function, due to the global increase in obesity and lifestyle diseases.

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Regional Analysis

The herbal supplement market is further segmented on basis of region, including Europe, North America, Asia Pacific (APAC) and Rest of the World (ROW).

According to MRFR’s market report, Asia Pacific currently dominates the global market. The region includes countries such as India and China which have a longstanding adoption of herbal ingredients due to prevalent culture. Chinese medicinal and ayurvedic ingredients from these countries have a rise in demand in recent years and China is one of the largest exporters of medicinal and wellness herbs to other parts of the world.  Other key drivers of growth in this region include the existence of a significant female consumer base for this market and the rising demand for herbal supplements that provide beauty and anti-aging benefits.

Europe closely follows the APAC market and is expected to continue steady growth, this is largely due to widespread consumer awareness and the ease of availability of herbal supplements. France, Germany and U.K are some European countries where herbal supplements are sold over the counter in most drugstores.

North America is projected to be the fastest growing market for herbal supplements during the forecast period. In addition to following a similar growth patterns as Europe, this region includes countries such U.S and Canada, where there is a demand for herbal supplements of high quality.

Market Analysis

It is estimated that the global individually quick-frozen fruits & vegetables market is likely to show significant growth during the forecast period, from 2018 to 2023. IQF fruits & vegetables are currently given much attention with rapid development in the IQF technology.

The global IQF fruits & vegetables market is driven by the increasing demand for convenience food and growing consumption of seasonal fruits & vegetables. Growth in demand for convenience food and extended shelf life of IQF fruits & vegetables fuel the market growth for IQF products. IQF fruits & vegetables are superior in flavor, quality, and nutritional value than conventionally frozen fruits & vegetables. However, the lack of a strong supply chain and distribution network in some of the countries may hamper the growth of the market during the forecast period.

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Top Key Players

• Capricorn Food Products India Ltd. (India),
• BS Foods B.V. (the Netherlands),
• Milne Fruit Products Inc. (US)
• Uren Food Group Ltd. (UK)
• Rosemary & Thyme Ltd. (UK).,
• SunOpta Inc. (Canada)
• ARDO N.V. (Belgium)
• FRUTEX Australia Pty Ltd. (Australia),
• Shimla Hills Offerings PVT. Ltd. (India),
• ALASKO Foods Inc. (Canada),
• AXUS International LLC. (US)

Segmentation

The global IQF market has been segmented into product Type, Distribution Channel and Region.

The market, based on type, has been segmented into IQF fruits & IQF vegetables. Fruits are further classified into berries, mango, apple, kiwi, and others. Among all these segments, berries are expected to dominate the market. Berries include strawberry, raspberry, blueberry, and cranberry. Increasing use seasonal fruits in bakery and beverage industries is expected to support the growth of this segment.

Moreover, mango is expected to show growth in forecast period due to its high use by preservers and desserts and juice manufacturers. IQF vegetables are further classified into carrots, beans, peas, corn, potato, broccoli, and others. Increasing awareness about the nutritional value of the IQF fruits and vegetables among consumers is further supporting its growth. Moreover, hygienic and aseptic packaging and semi processed products, such as chopped IQF mango, provide convenient use and eliminate hassle of cleaning and chopping fruits and vegetable before use. Demand from food manufacturer for seasonal fruits & vegetable to use in final products will further support demand for IQF fruits & vegetables.

The market has been segmented, by distribution channel into store based and non-store based. The store-based category is further segmented into retail stores, convenience store, supermarkets/hypermarkets. While e-commerce websites come under the non-store-based category. The store based segment is expected show significant growth in forecast period due to strong supply chain distribution network and robust cold chain facilities of supermarket/ hypermarket.

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Regional Analysis

Globally the market has been segmented, by region, into North America, Europe, Asia-Pacific, and Rest of the World. The IQF fruits & vegetables market in North America has further been segmented into the US., Canada, and Mexico.

Geographically, North America is anticipated to dominate the global IQF Fruits and Vegetables Market during the forecast period, owing to the high demand for convenience and natural frozen fruits & vegetables.

Market Insight

The increasing prevalence of food allergy, growing adoption of labeling-compliance, rising pediatric population, increasing prevalence of asthma, growing healthcare expenditure, and rising implementation of stringent food safety regulations are the major drivers of the food allergy market. However, factors such as low awareness and lack of food control infrastructure and resources in the middle- and low-income countries are estimated to restrain the market growth during the projected period.

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 Top Key Players

The key players in the Global Food Allergy Market are

• SGS S.A. (Switzerland),
• Intertek Group plc (U.K.),
• TUV SUD PSB PTE. Ltd. (Germany),
• ALS Limited (Australia),
• Thermo Fisher Scientific Inc. (U.S.),
• NEOGEN CORPORATION (U.S.)
• Eurofins Scientific (LUXEMBOURG),
• MERIEUX NUTRISCIENCES Corporation (U.S)
• ASURE QUALITY Ltd (New Zealand)
• MICROBAC Laboratories Inc (U.S.)
• SYMBIO Laboratories (Australia)
• Romer Labs (Austria)

Segmentation

The global Food Allergy Market is segmented based on allergen source, food tested, tests, products/technology, and end-user.

Based on the allergen source, the market is segmented into vegetable allergens, animal allergens, pseudo allergens, and others. The vegetable allergens segment is sub-segmented into cereals containing gluten, peanuts and related products, mustard and related products, and others. The animal allergens segment is sub-segmented into milk and related products, eggs and related products, fish and related products, and others. Based on food tested, the market is categorized into infant food, processed food, dairy products and alternatives, seafood and meat products, and others. Based on tests, the market is segmented into skin prick test, blood test, oral food challenge, and others. Based on the products/technology, the market is segmented into test kits, ELISA systems, allergen assays, PCR (Polymerase Chain Reaction), allergen assays, and others. The test kits segment is sub-segmented into aflatoxin, Deoxynivalenol (DON), FUMONISIN, and others. Based on end-users, the market is segmented into hospitals, clinics, diagnostic CENTERS, and others.

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Regional Analysis

The Americas holds the largest share of the global food allergy market owing to the increasing prevalence of food allergy, the presence of a well-developed healthcare sector, and huge health care expenditures within the region. Europe stands second in the market due to the availability of funds for research followed by a huge patient population and strict food regulation standards. On a regional basis, Europe is segmented into Western Europe and Eastern Europe. Western Europe leads the regional food allergy market while Eastern Europe is estimated to be the fastest growing region. Asia Pacific stands third in the global food allergy market and is projected to be the fastest growing region. The presence of developing economies, rising patient population, and increasing government efforts for a labelling-compliance drive the market within the region. The Middle East and Africa holds the least share in the global food allergy market owing to the presence of weak economies, lack of awareness, and poor availability of healthcare services, especially within the African region.

Market Analysis

Canned Beverages Market has been segmented into store based and non-store based. The store-based segment has further been segregated into hypermarkets & supermarkets, convenience stores, and others. The store-based segment is projected to dominate the global canned beverages market due to the increasing shelf space of healthy and ready-to-drink beverages in supermarkets & hypermarkets and convenience stores. However, the non-store-based segment is expected to grow with the fastest CAGR during the forecast period owing to the increasing adoption of e-commerce platforms by the food & beverage manufacturers and suppliers.

Canned beverages or canned drinks are processed beverages packed into airtight containers known as cans. Canned beverages are becoming more accessible to the customers as more and more retailers are increasing the product range placed on their shelves. Such beverages are witnessing a surging demand among the millennials as cans are bold, offer vibrant 360-degree designs that appeal millennials, and ensure product quality & taste. According to The Aluminium Association, more than 500 craft beer brewers offer more than 1,700 different beers packed in aluminium cans. Moreover, after successful launch of canned energy drink Red Bull in 1997, the global canned beverages market has been witnessing the entry of several new players from energy drinks market. Thus, the global canned beverages market is a flourishing market with intense competition among the key players.

Based on Type, the global Canned Beverages Market has been segmented into alcoholic beverages, and non-alcoholic beverages. The non-alcoholic beverages segment is further bifurcated into carbonated soft drinks, fruit & vegetable juices, and others. The alcoholic segment is anticipated to account for the highest revenue share in the global canned beverages market due to the high global consumption of alcoholic drinks. Canned wine is witnessing a rise in its consumption volume, especially in the Western European countries, and is thus catalyzing the segment growth. However, the non-alcoholic segment is projected to grow with the fastest growth rate due to the surging preference of consumers towards non-alcoholic beverages such as fruit juices, carbonated soft drinks, ready-to-drink tea, and others.

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Key Players

Some of the key players in the Global Canned Beverages Market are

• & J. Gallo Winery (US),
• The Boston Beer Company (US),
• Left Hand Brewing Co. (US),
• The Coca-Cola Company (US),
• Keurig Dr Pepper Inc. (US),
• PepsiCo (US),
• RED BULL (Austria),
• Del Monte Fresh (US),
• Precept Wine (US)
• The Family Coppola (US)

Regional Analysis

The global Canned Beverages Market has been segmented by region, into North America, Europe, Asia-Pacific, and Rest of the World.

North America is projected to gain dominance in the global canned beverages market as it harbors several small-, medium-, and large-sized market players. In addition, the rising environmental concerns in the region is propelling consumers to opt for canned beverages as they are recyclable. Thus, canned beverages are witnessing a promising growth in the regional market.

Asia-Pacific canned beverages market is projected to be the grow with the fastest growth rate during the forecast period due to the changing lifestyle of people, surging demand for ready-to-drink beverages, and increasing focus of market players in Asia-Pacific.

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Segmentation

The Global Canned Beverages Market has been segmented based on type, distribution channel, and region.

The global canned beverages market has been divided, by type, into alcoholic beverages, and non-alcoholic beverages. The non-alcoholic beverages segment is further bifurcated into carbonated soft drinks, fruit & vegetable juices, and others.

By distribution channel, the global canned beverages market has also been segregated into store based and non-store based. The store-based segment has further been segregated into hypermarkets & supermarkets, convenience stores, and others.

Market Insight

Omega-3 PUFA has evolved as one of the vital nutritional ingredients for its various application such as supplements, fortified food products, nutritive drinks and others. Omega-3 PUFA market is expected to grow at the CAGR of 13.5%. Omega-3 poly unsaturated fatty acid (PUFA) is a type of necessary fatty acid which cannot be synthesized by human body which needs intake through omega-3 rich food. Omega 3 PUFA is used to enhance the cardiovascular and cognitive functioning of the human body. The ingredients of Omega-3 PUFA are sourced from the various fish oil, krill oil, chia seed, flex seed and other plant sources.

The demand for Omega-3 PUFA is anticipated to be driven by the increasing awareness of the health-conscious consumers. Omega-3 PUFA also enhances to minimize the cardiovascular problem which in turn escalates the demand of Omega-3 PUFA in the upcoming decade. Drug manufacturers are also emphasizing on developing new medicines by concentrating these ingredients in the products. Moreover, consumers are becoming aware of the unhealthy diet and to meet the daily nutrient requirements consumers are willing to accept Omega-3 supplements. However, upcoming years are likely to witness a substantial growth in the Omega-3 PUFA market.

Key players in the global Omega-3 PUFA market are emphasizing to enhance investment in product development in order to extend the product line. Also, the companies are also inclined to increase their footprint across the world by acquiring local and regional players. Apart from that, the companies are introducing their products in the developing economies in order to penetrate in the untapped market.

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Major Key Players

This report includes a study of strategies such as mergers and acquisitions, product launches by the major Omega 3 PUFA market players. It further includes product portfolios, developments of leading major players which includes

The key players profiled in the Omega-3 PUFA Market are

• CRODA International PLC (U.K.),
• Omega Protein Corporation (U.S.),
• Royal DSM (The Netherlands),
• Hain Celestial Group, Inc. (U.S.),
• Cargill, Incorporated (U.S.),
• FMC Corporation (U.S.),
• GC RIEBER (Norway),
• Pharma Marine USA LLC (U.S.)

Omega-3 PUFA Market is dominated by key manufacturers and very few new players are entering in Omega-3 PUFA market due to requirement of high investment cost in Omega-3 PUFA R&D and Omega 3 PUFA processing. The global Omega 3 PUFA industry is expected to witness increase in mergers, acquisition and strategic alliance in upcoming years.

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Regional Analysis

The Global Omega-3 PUFA Market is segmented into Europe, North America, and Asia Pacific along with rest of the world (RoW). Among these North America region holds the major market share in the global Omega-3 PUFA market both in terms of value and volume. This is attributed by the rising health conscious people in US and also presence of key players in the North America region. Also, key players are introducing new products in North America region in order to retain their existing customers and also to acquire new customers. Asia Pacific region is expected to grow immensely during the forecast period. The Asia Pacific market is driven by the increasing consumer awareness regarding the product as well as the growing chronic diseases in developing economies of Asia Pacific are propelling the growth of the Omega-3 PUFA market during the forecast period.

Market Analysis

Food Enzymes Market gains considerably by improving the quality of the nutritional properties of food and beverage products. The global food enzymes market is expecting growth with impressive CAGR during the forecast period (2017-2023), asserts Market Research Future (MRFR). Their report includes several drivers and segmental analysis for a better understanding of the food enzymes market in coming years. Simplifying food processing steps, enhancing quality, bettering flavors and texture are properties of food enzymes that have assisted in creating a niche in the food and beverages sector. By reducing the risk of microbial spoilage, food enzymes are also helping in the expansion of convenience food. In addition, rising health awareness among the consumers is also positively helping the food enzymes market. Governments are also investing much, alongside the private players, in research and development which can boost the market food enzymes market in coming years.

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Key Players and Industry Buzz

Some of the key players profiled in the Global Food Enzymes Market are

• KONINKLIJKE DSM N.V. (the Netherlands),
• PURATOS Group (Belgium),
• I. du Pont de Nemours and Company (U.S.),
• Novozymes A/S (Denmark) and
• Amano Enzyme Inc. (Japan),
• Associated British Foods plc (U.K),
• Advanced Enzymes (India),
• Hansen A/S (Denmark),
• Dyadic International, Inc. (U.S.)

Strategic developments play crucial in food enzymes market. These tactics often help in the expansion of the business as well as in upliftment of the company’s market value. For instance, Associated British Foods plc acquired Leicester-based sports nutrition company to expand their market reach. Among others, Chr. Hansen A/S is all set to buy Nutrition Physiology Company to help in the regional food enzymes market growth.

c-Lecta, a Leipzig-based company, has found investments from Belgium’s Capricorn Venture Partners and German company bm ∣ t. The company is aiming for innovations and upgradation of their existing batch of food enzymes.

Chemists from Julius-Maximilians-Universität Würzburg (JMU) in Bavaria, Germany, has found a new way to redesign enzymes. In the process, they first redesigned the surface of the enzyme levansucrase which helps the enzyme convert the table sugar into the polymer of fructose building blocks. What makes it more attractive for the food industry is that it doesn’t leave any by-products.

Segmentation

The global food enzymes market can be segmented by type, source, and application.

By type, the Food Enzymes Market can be segmented into Carbohydrase, Protease, Lipase and others. The lipase segment accounts for the maximum market share. Protease segment is also recording substantial growth in food & beverage products.

By source, the food enzymes market includes plant, animal, microorganism, and others. Plant-based food enzymes are anticipated to dominate throughout the forecast period.

By application, the Food Enzymes Market comprises Bakery & Confectionery, Sweet & Savory Snacks, Dairy & Frozen Desserts, Oils, Fats & Spreads, Beverages, Ready Meals and others. The dairy & frozen desserts segment is helming the market due to the increasing demand for food enzymes in dairy products.

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Regional Analysis

Region-specific analysis of the Food Enzymes Market includes North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). 

North America is attributed to the maximum revenue share of the global market, and its dominance will remain the same during the forecast period. Food manufacturers base out of this region consumes a huge portion of the produced food enzymes which gives the regional market an unprecedented advantage.

The AAPC market is touted to grow with the highest CAGR during the forecast period with China playing a singular role in the growth of the regional market. Currently, the country generates the maximum market share in the region and is also opening up business opportunities for other countries and by inviting more business proposal can remain lucrative during the forecast period.

Market Insight

Rising demand for convenience food supported with strong performance of retail sector is positively influencing the sales of organic baby food in the upcoming decade. The future trend of food traceability and rising demand of organic food and free-from diet is anticipated to fuel the demand of organic baby food in Asia-Pacific region. Asia-Pacific organic baby food market has witnessed a remarkable growth over the last few years.

Growing awareness for clean label product coupled with large investments in R&D and new development by market players is boosting the growth of organic baby food. Additionally, government initiatives and funds to support farmers to shift from typical farming to organic farming has created potential market for the expansion of organic baby market in Asia-Pacific region. With increasing number of nuclear families and rising working women population resulted in growing number of mothers shifting to alternative healthy and nutritional baby food products which boosted the sales of organic baby food market.

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Major Key Players

The key players profiled in Organic Baby Food Market Report are

• Kraft Heinz Foods Company (U.S.),
• Danone S.A. (France),
• Abbott Laboratories (U.S.),
• Nestle S.A. (Switzerland),
• Hero Group (Switzerland),
• Hain Celestial Group (U.S.) and
• Bellamy’s (Australia) among many others.

Major manufacturers are found to have high focus on strategic product launch to pursue consumers’ attention towards their product range. They are also involved in the acquisition of small players which will further support the company to expand and reach out to consumers across the regions. Acquisitions are also done to spot the company’s presence and expand their business line. Additionally, the companies are inclined towards product promotions through social media, magazines and other mediums to reach out to customers. The promotional strategy supports in retaining the existing the customers and to regenerate new customer base.

Latest Industry Updates:

July 2018 Wattle Health Australia set to launch grass-fed milk powder in China

January 2017 Danone SA has launched their new organic baby food product in India named as “Aptamil”

January 2017 Nestle SA has acquired Mead Johnson Nutrition Co., the U.S. baby-formula producer. Mainly the company is trying to penetrate their business into the developing economies. Mead Johnson Nutrition Co. has a strong presence in Asia Pacific which will create positive impact of the overall revenue generation in Asia Pacific.

January 2016 Kraft Heinz Foods Company has launched the first and only stage 3 range of pouches with a spout

Market Segments

Asia-Pacific organic baby food market has been divided into type, ingredients, and distribution channel, and country

Based on product type: Ready to eat, milk formula, dried baby foods, and others.

Based on Ingredients: Grains & cereals, dairy, vegetables, fruits, meat, and Others

Based on Distribution Channel: Store based, and Non-store based

Based on Country: China, India, Japan, Australia, New Zealand, Indonesia and rest of the Asia-Pacific

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Regional Analysis

The Asia-Pacific Organic Baby Food Market is segmented into China, Australia, New Zealand, India, Japan, Indonesia and rest of the Asia-Pacific. Among all the region, China is likely to retain its dominance throughout the forecast period. Strong economic growth, and rising urbanization are the significant factors of the growth of organic baby food in China. However, India is anticipated to register a healthy CAGR over the forecast period. The growth is contributed by the increasing per capita disposable income and growing awareness of organic food among the consumer. Moreover, rising birth rate in developing economies in Asia Pacific followed by the increasing awareness among the parents regarding adverse effect of synthetic ingredients of baby food is the substantial factor for the rising growth of organic baby food during the forecast period.

Market Insight

Market Research Future (MRFR) in their latest report on the energy drinks market revealed the possibility of robust growth during the forecast period (2018-2023) and can exceed the predicted valuation by the end of 2023. Energy drinks are a type of dietary supplement that contains sweeteners, herbal extracts, taurine, caffeine, and amino acids. These drinks can be carbonated or non-carbonated and are distinct from the sports drink category. Caffeine in the energy drinks augments cognitive performance which helps with better attention and reaction speed. MRFR, in their report, particularly focuses on segmental analysis and included detailed volume-wise and value-wise growth charts for better understanding. At the same time, the report also has factors that can impact the growth of the energy drinks market in the coming years.

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Across the globe, a constant rise can be seen in the health and fitness related awareness which has sparked the rise in a number of people taking aide from gymnasiums, spas, and health resorts. This has triggered the global growth of the market considerably. At the same time, a lot of new entrants are now joining the market with their latest range of products that can impact the market substantially. However, the market can feel a drop in the sale as substitute products such as chocolate bars, nutrition bars, and other products are gaining significant market ground.

Competitive Analysis

MRFR profiled several prominent global Energy Drinks Market players in their report. They are

Taisho Pharmaceutical Co Ltd. (Japan),

• Inc (U.S.),
• Coca-Cola Company (U.S.),
• Red Bull GmbH. (Australia),
• Monster Beverages Corporation (U.S.),
• Rockstar, Inc. (U.S.),
• Amway Corporation (U.S),
• Arizona Beverages (U.S.),
• Lucozade (U.K) and
• Living Essentials LLC (U.S.)

Industry News:

Coca-Cola is all geared up to launch their new line of energy drinks in 2019 which puts them in loggerhead situation with Monster Beverages Corporation. Coke is also the largest shareholder of the latter, but now the market is expected to put them against each other. This can curb the profit of Monster Beverages Corporation considerably.

Segmentation:

MRFR report segments the global energy drinks market by type, packaging, and distribution channel.

Based on the type, the energy drinks market can be segmented into non-alcoholic and alcoholic. The non-alcoholic segment can lead the market during the forecast period. However, the alcoholic segment is expected to showcase healthy growth over the forecast period.

Based on the packaging, the Energy Drinks Market can be segmented into cartons, bottles, cans, and others. Bottle and can, both the segments are expected to register strong growth during the forecast period. Cans segment can expect high growth during the forecast period as single-serve packaging is enjoying huge traction from the general populace.

Based on the distribution channel, the energy drinks market comprises supermarkets, convenience store, drug stores, vending, mass merchandiser, sport nutrition chains, and others. Supermarkets segment can register substantial growth in both developing and developed countries.

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Regional Analysis

Region-specific analysis of the global Energy Drinks Market by MRFR includes North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW).

Europe’s market looks quite promising, and it can grow with substantial revenue during the forecast period. The rise can be attributed to the increasing awareness regarding preventive health care and growing number of fitness enthusiasts. Health clubs and spa are some of the popular takers of these energy drinks. In Europe, these service providers can substantially impact the market during the forecast period.

The APAC market can expect high growth during the forecast period. Increase in the standard of living has improved the regional market demography. Rising health-related awareness can also ensure growth for the market, and this is positively evident in countries such as Japan, China, and Australia. The product has penetrated well in these regions. However, emerging countries such as India can change the global market scenario by triggering the growth of unprecedented nature during the forecast period.