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Textile Colorant Market : Report Highlights the Competitive Scenario with Impact of Drivers And Challenges 2028 The global textile colorant market is set to gain impetus from the high demand for natural dyes over synthetic ones because of their beneficial properties. They do not have carcinogenic & toxic chemicals, are itch-resistant, renewable, and have excellent UV absorption capacity. Various prominent boutiques and fashion houses are hence opting for these dyes for the manufacturing of their products. In May 2021, for instance, Akané Studio introduced a wide range of naturally dyed fabrics in the Indian market. This information is given by Fortune Business Insights™ in a report, titled, “Textile Colorant Market, 2021-2028.” As per the report, the market size was USD 9.16 billion in 2020. It is projected to grow from USD 9.42 billion in 2021 to USD 13.24 billion in 2028 at a CAGR of 5.0% during the forecast period. Segments- Technical Textiles Segment Held 4.1% Share in 2020: Fortune Business Insights™ Based on applications, the market is segregated into clothing, technical textiles, home textiles & carpets, and automotive textiles. Amongst these, the technical textiles segment procured 4.1% in terms of the textile colorant market share in 2020. This growth is attributable to the high demand for trekking clothes and sportswear on account of the shift of youngsters towards a healthy lifestyle. Drivers & Restraints- Availability of Unique Housing Benefits and High Spending Capacity to Boost Growth The high demand for living spaces across the globe owing to the surging population is set to propel the textile colorant market growth in the upcoming years. Regulatory bodies nowadays are implementing novel housing benefits for citizens, such as home loan reduction schemes. Hence, many people prefer to buy and decorate their houses. They are majorly opting for the services of interior designers and architects for creating a cutting-edge identity for their homes. Products, namely, carpets, sofas, curtains, bedsheets, and cradles are gaining more popularity as the spending capacity of people is increasing rapidly. However, government agencies, such as REACH, have restricted the usage of specific types of dyes in consumer goods because of their harmful effects on humans. It may hamper the demand for textile colorant. Regional Insights- Presence of GAP, Adidas, Nike, and Calvin Klein to Help North America Grow Geographically, Asia Pacific earned USD 4.24 billion in terms of revenue in 2020. It is estimated to remain at the forefront in the near future because of the availability of cheap labor and raw material. In North America, on the other hand, the presence of reputed clothing brands, such as Reebok, Nike, GAP, Adidas, Calvin Klein, and Hanes would propel the demand for textile colorant. Europe is expected to showcase significant growth on account of the ongoing infrastructure renovation activities. Browse Summary https://www.fortunebusinessinsights.com/textile-colorant-market-105468

Eggs Market Revenue, Top Manufacturers and Analysis by 2030 The global eggs market size was valued at USD 136.17 billion in 2022. The market is projected to grow from USD 143.29 billion in 2023 to USD 207.08 billion by 2030, exhibiting a CAGR of 5.40% during 2023-2030. The eggs market has been evolving and adapting to new PETA-friendly methods due to the rapidly changing consumer base. Different types of eggs in the market, including organic, cage-free, and free-range, are gaining prominence. The nutritional benefits associated with eggs have significantly increased their consumption rate globally, and is expected to drive market growth during the forecast period. Leading Players Featured in the Research Report: Companies leading Eggs Market are Cal-Maine Foods, Inc. (U.S.), Rose Acre Farms Inc. (U.S.), Hillandale Farms (U.S.), Versova Holdings LLP (U.S.), Daybreak Foods (U.S.), CP Group (Thailand), Beijing Dequingyuan Agricultural Technology Co. Ltd. (China), Ise Inc. (Japan), Arab Company of Livestock Development (ACOUD) (Saudi Arabia), Gemperle Family Farms (U.S.) COVID-19 Impact Pandemic-Driven Consumer Behavior Shifts Spurred Market Growth amid Supply Disruptions Stringent government regulations and lockdowns aimed at controlling the spread of the virus led to a surge in retail demand for eggs due to their perceived health benefits. However, the closure of food service segments and disruptions in the supply chain caused by the pandemic resulted in increased egg prices and a sudden growth in the global egg market. Segments: Conventional Eggs Maintain Market Leadership, Fueled by Production Efficiency and Widespread Availability By product type, the market is segmented into conventional, cage-free, organic, and free-range. The conventional segment is projected to hold a significant market share during the forecast period. The growth is attributed to the high availability of conventional eggs due to their increased production rate. Easy Accessibility and Hypermarket Convenience Propel Retail Segment's Share Based on end-use, the market is divided into food service and retail (supermarkets/hypermarkets, grocery stores, e-commerce, and others). The retail segment is estimated to hold the highest market share during the forecast period, owing to the easy accessibility of eggs in grocery stores. The rising convenience of supermarkets/hypermarkets will further boost this segment. Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Drivers & Restraints Market Flourishes as Health Awareness Spurs Consumption and Government Backing Boosts Growth The eggs market has witnessed significant growth in egg consumption, particularly post-pandemic, with consumers of various demographics increasing their egg consumption. Rising health consciousness and awareness of healthy diets among consumers have driven the market growth. Additionally, government initiatives aimed at spreading awareness regarding the health benefits of eggs are propelling market growth. However, the increasing global temperature due to global warming is expected to hamper egg production worldwide, affecting market growth. Regional Insights Asia Pacific Takes the Lead as China and India Steer Consumption and Production Trends Asia Pacific holds the largest eggs market share and is anticipated to continue its dominance during the projected period. The growth in the region can be attributed to the high consumption rate of eggs in India, China, and Japan, with China and India being prominent egg producers. North America is also estimated to hold a major share of the market due to increased egg consumption in North American countries, including Mexico and the U.S. Competitive Landscape Increasing Technological Investments by Key Players to Propel Market Growth Key players in the market, including Cal-Maine Foods, Inc., Hillandale Farms, and Rose Acre Farms, Inc., S.A., are investing significantly in technological advancements to enhance organic products' production rate. These investments are expected to boost market growth during the forecast period. Browse Summary of this Research Report: https://www.fortunebusinessinsights.com/eggs-market-108483

Pasta Market Trends, Size, Share and Global Forecast by 2030 The global pasta market size was USD 66.36 billion in 2022. The market is projected to grow from USD 68.35 billion in 2023 to USD 99.24 billion by 2030, exhibiting a CAGR of 5.47% during the forecast period 2023-2030. Pasta is a largely consumed, easy-to-make, and an affordable food product. The increasing and regular evolution of pasta propels the pasta market growth during the forecast period. The rising demand for instant food products, such as pasta and Western food culture adoption, is driving the market growth during the forecast period. Fortune Business Insights™ mentioned this in a report titled “Pasta Market, 2023-2030.” Segments- Rising Dried Products Consumption to Propel Segment Growth By product type, the market is segmented into dried, chilled, and canned. The dried segment is expected to dominate the market during the forecast period. The segment's growth is attributed to increasing consumption of dried products globally. The shelf life of dried products is also more than chilled and canned products. Rising Need for Wheat Products to Boost Segment Growth Based on raw material, the market is classified into wheat and gluten-free. The wheat segment is estimated to dominate the market during the forecast period due to the increasing need for wheat products globally. The availability of products in different shapes and sizes also drives segment growth during the forecast period. Growing Accessibility of Products to Drive Segment Growth for Supermarkets/Hypermarkets By distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, online stores, and others. The supermarkets/hypermarkets will dominate the market during the forecast period owing to increasing availability and convenience of choosing the products from various options. Geographically, the market is studied across North America, Europe, Asia Pacific, South America, the Middle East & Africa. Drivers & Restraints- Rising Consumer Interest toward Western Cuisine to Propel Market Growth The pasta market is estimated to grow during the forecast period due to consumers' rising interest in Western cuisine in Asian countries. The rapid increase in cooking various and artistic recipes will boost significant growth post-pandemic. During the pandemic, the rising consumption in countries, including France, Germany, the U.S., and Italy, propelled the market growth. Regional Insights- Growing Demand for Product to Boost Market Growth in Europe Europe is estimated to hold the largest pasta market share during the forecast period. The growth is attributed to the increasing product demand in the region. Europe will also be the dominating region due to the launch of new varieties of gluten-free products in various shapes and forms. Asia Pacific is expected to have the fastest growth rate during the forecast period due to the rising adoption of Western diets in the region. Competitive Landscape- Rising New Product Launches to Aid Market Growth The market has several players, including Ebro Foods, S.A., Barilla G.e.R.F.lli S.p.A., and Campbell Soup Company. These major market players are adopting strategies to launch new products to maintain their market position. The companies are manufacturing products that are gluten-free to attract health-conscious consumers. Notable Industry Development September 2021 – Barilla, an Italy-based pasta producer, expands its gluten-free product line made from chickpea flour. List of Key Players Present in the Report: Barilla G. e R. F.lli S.p.A. (Italy) Ebro Foods, S.A. (Spain) CAMPBELL SOUP COMPANY (U.S.) TreeHouse Foods, Inc. (U.S.) Unilever (U.K.) The Kraft Heinz Company (U.S.) BORGES INTERNATIONAL GROUP (Spain) Nestlé (Switzerland) F.lli De Cecco di Filippo S.p.A (Italy) Armanino Foods of Distinction (U.S.) Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/pasta-market-102284

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

Halal Food and Beverages Market Trends, Segmentation, Regional Demand and Forecast by 2028 The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028. Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years. Commotion in Supply Chain to Hinder Market Growth amid COVID-19 Crisis The preliminary months of the COVID-19 pandemic had disturbed all stages in the supply chain cycle of the halal food and beverage industry. The prominent manufacturers in Islamic and non-Islamic nations registered a decline in the workforce which considerably impacted the production ability. Additionally, the strike in demand for retail products such as pre-cooked and ready-to-eat meat products too adversely influenced the industry. The affirmative progression in the customer's preferences for halal products owing to their welfare and superiority is estimated to drive the halal food and beverages market growth in the foreseeable future. Report Coverage We have implemented a unique research approach comprising statistics triangulation based on the famous bottom-up and top-down approaches. Our researchers have led thorough primary research to verify the estimated size of the halal food and beverages industry. The data utilized to portray the shares for multiple national, regional, and global segments is extracted from comprehensive interviews with various stakeholders. Our analysts have also derived information from paid databases, industry journals, SEC filings, and many other similar resources. Segmentation By Product, the global market is segregated into meat, poultry & seafood, dairy products, cereal & grain-based products, non-dairy beverages, fruits, vegetables & nuts. By distribution channel, the market is divided into traditional retailers, supermarkets/hypermarkets, online retail, and others. Geographically, the market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa Drivers and Restraints Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population. Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years. Regional Insights Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh. The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues. Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products. Competitive Landscape The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186

Eggs Market Segmentation, Development Insights and Forecast by 2030 The global eggs market size was valued at USD 136.17 billion in 2022. The market is projected to grow from USD 143.29 billion in 2023 to USD 207.08 billion by 2030, exhibiting a CAGR of 5.40% during 2023-2030. The global consumption of eggs has been on the rise due to their nutritional value and high affordability. The evolving consumer base has led to the development and adoption of new PETA-friendly methods by egg producers worldwide. The consumption of eggs is further propelled by the introduction of new and creative dishes in various cuisines. Segments: Conventional Eggs Steer Market Growth, Favored for Global Penetration By product type, the market is classified into conventional, cage-free, organic, and free-range. The conventional segment is expected to have a high market share during the projected period. This growth can be attributed to the increasing penetration of conventional eggs due to the high preference for conventional production methods globally. Retail Segment Thrives as E-commerce reshapes Retail Landscape Based on end-use, the market is bifurcated into food service and retail (supermarkets/hypermarkets, grocery stores, e-commerce, and others). The retail segment is expected to hold the largest market share during the forecast period. This growth is attributed to the rising advancement and expansions of the e-commerce retail segment in the eggs market. Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Report Coverage- The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into regional developments. List of major industry players. Key strategies adopted by the market players. The latest industry developments include product launches, partnerships, mergers, and acquisitions. Drivers & Restraints Advanced Technologies Propel Market, Streamlining Supply Chains and Enhancing Accessibility The rising adoption of advanced technologies, including big data analytics and IoT, by key players, is boosting the growth of the eggs market during the forecast period. The advancements in the e-commerce industry, facilitating rapid product delivery, are expected to further drive market growth. These new technologies aid egg producers in reducing supply chain and transportation constraints, thereby aiding market growth. However, the increasing impact of climate change due to global warming may hinder market growth, affecting the quality, quantity, and size of eggs produced in poultry farms. Regional Insights Asia Pacific Dominates as China and India Lead the Charge Asia Pacific held the largest eggs market share in 2022, valued at USD 81.49 billion. This growth is attributed to the rising consumption rate of eggs in India, China, and Japan. China and India, accounting for approximately 40% of worldwide egg production, are major contributors to this growth. North America is also expected to hold a significant market share during the forecast period, driven by the widespread consumption of eggs, especially in Mexico and the U.S., boosting regional growth. Competitive Landscape Rising Key Players’ Focus on Technological Investments to Drive Market Growth The market comprises key players including Rose Acre Farms, Inc., S.A., Hillandale Farms, and Cal-Maine Foods, Inc. These key players are focusing on technological investments to enhance the manufacturing rate of organic products due to their increasing demand worldwide. For instance, Cal-Maine Foods, Inc. initiated investments in the organic product range in April 2022 to meet the growing demand for organic products. Key Industry Development December 2021 – India-based egg production and delivery startup Eggoz raised USD 3.5 million in funding to introduce its D2C channel, aiming to increase market penetration and enhance delivery services. Information Source: https://www.fortunebusinessinsights.com/eggs-market-108483

Vegan Chocolate Market Latest Trends, Segmentation, Revenue and Forecast by 2030 The global vegan chocolate market size was valued at USD 1,145.61 million in 2022. The market is projected to grow from USD 1,252.80 million in 2023 to USD 2,831.93 million by 2030, exhibiting a CAGR of 12.36% during the forecast period. Increased attentiveness toward environmental impact of the rising influence of consumers and animal agriculture has gained immense demand and popularity in recent years. The increase in the number of people with dietary restrictions such as dairy allergies or lactose intolerance has resulted in the vegan chocolate market growth globally. Fortune Business Insights™ mentioned this in a report titled “Vegan Chocolate Market, 2023-2030.” List of Key Market Players Profiled in the Report: Plamil Foods Ltd (U.K.) Schmilk Chocolate (U.S.) Chocoladefabriken Lindt & Sprüngli AG (Switzerland) Mondelēz International, Inc. (U.S.) Ludwig Weinrich GmbH & Co. KG (Germany) The Hershey Company (U.S.) Nestle S.A. (Switzerland) Mars, Incorporated (U.S.) Barry Callebaut (Switzerland) Purdys Chocolatier (Canada) Segments: Dark Segment Dominated the Market Due to Higher Cocoa Content and Health Benefits On the basis of type, the market is segmented into dark, milk, and others. The dark segment is estimated to hold a considerable share of the global market due to presence of rich antioxidants and various other health benefits. Supermarkets/Hypermarkets Segment to Propel Market Owing to Convenience and Huge Amount of Availability of Product Based on distribution channel, the market is segmented into convenience stores, supermarkets/hypermarkets, online stores, specialty stores, and others. The supermarkets/hypermarkets segment is anticipated to hold the largest market share. The segment's dominance is due to the consumers’ strong preference to buy products from such supermarkets due to a wide variety of brands and pricing options. Geographically, the market is divided across regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Report Coverage: The report offers a detailed study of the market and a keen examination of the significant segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. Drivers & Restraints: Increased Popularity of Vegan Chocolates at Various Stores to Boost Market Growth In recent years, the demand and availability of vegan chocolates have increased significantly. The growing accessibility of vegan chocolates has made it their way to specialty shops, online stores, and grocery stores, attracting a larger population. The new vegan dark chocolate contains nutrients such as amino acids, vitamins, minerals, and botanicals that help reduce stress, insomnia, and other activities. Vegan chocolates have superior quality ingredients such as coconut milk, or so milk, and plant-based almond milk. The ingredients used are more expensive, contributing to a higher cost of production. This leads to the hindrance of the market growth. Regional Insights: Europe Led the Market Growth Owing to the Growing Demand for Dairy-Free Products Europe dominated the global vegan chocolate market share in 2022. As consumers nowadays are more inclined toward traditional dairy-based chocolate, the increase in demand has been witnessed owing to the growing demand for dairy-free products. North America is anticipated to record significant growth during the forecast period. Increasing health awareness among consumers has increased the demand for plant-based chocolate. Competitive Landscape: Growth Strategies by Prominent Companies to Gain Market Position Vegan chocolate manufacturers are adopting strategies such as partnerships, investment, joint ventures, base expansion, collaborations, and acquisitions to strengthen their market growth. The plant-based confectionery market comprises various small & medium-scale and well-established players. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/vegan-chocolate-market-106130

Non-alcoholic Beverages Market Segmentation, Demand, Key Players and Forecast by 2027 The global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. The value of this market was USD 919.13 billion in 2019 and is expected to rise at a CAGR of 8.20% between 2020 to 2027 to reach USD 1,257.77 billion by the end of 2027. Increasing Popularity of Refreshment Drinks to Aid in Favor The increasing prevalence of various acute and chronic diseases have encouraged people to adopt a healthy lifestyle. These habits include regular exercise and fitness and consumption of nutritional food and beverage products. The rising inclination towards healthy lifestyle and eating habits is the key factor promoting the global non-alcoholic beverages market growth. In addition to this, the increasing popularity of refreshment drinks and the advent of innovative flavors and taste will add a boost to the growth of the market in the forecast period. On the contrary, the fluctuating prices of raw materials to make non-alcoholic beverages and fluctuation in its availability, especially for seasonal fruits may cause major hindrance to the market in the coming years. Nevertheless, the evolution of e-commerce platforms and the rising production of soft drinks to suffice to the needs of the consumers are likely to help the market witness lucrative growth opportunities in the forthcoming years. Segmentation- Carbonated Soft Drinks Segment Emerged Dominant Owing to its Refreshing Properties Among all segments in type, the carbonated soft drinks segment earned 39.80% share in 2019 and emerged dominant. This segment is holding the largest non-alcoholic beverages market share on account of its refreshing properties and cost-efficiency. Regional Analysis- Asia Pacific Held Largest Shares Attributing to Rising Disposable Income of People Among all regions, Asia Pacific held the largest non-alcoholic beverages market share in 2019. This is attributable to the increasing modernization and adoption of western habits among people that resulted in rise in expenditure on beverage products. On the other side, the North American market earned USD 199.53 billion and will showcase significant growth in the coming years on account of rising demand for sports drinks and RTD beverages in the region. Besides this, the Europe market will witness a notable growth on account of the decline in consumption of alcoholic beverages and increasing popularity of 'better-for-you ”products, thereby promoting the consumption of healthy soft drinks. Competitive Landscape- Coca-Cola Company is Dominating Market Attributing to Continuous Innovations The global market for non-alcoholic beverages is consolidated in nature on account of the presence of a handful of players holding major shares such as Nestle SA, The Coca Cola Company, and PepsiCo Inc. Among these, the market is dominated by the Coca- Cola Company accounting to the continuous innovations in their beverage products. This includes VitaminWater range, probiotic drinks, fermented drinks, and RTD beverages, among others. In March 2019, this company launched a new drink of Jaljeera flavor into the Indian market. Other players operating in this market are engaging and investing heavily on innovative product launches to gain a competitive edge in the market competition. Some others are engaging in collaborative efforts such as agreements and contracts, joint ventures, and partnerships, Key Industry Developments: December 2019 - The launch of a greenhouse accelerator program in 2020 was announced in North America by PepsiCo Co. to help smart startup companies provide the base for following up with the current trends in the non-alcoholic beverage segment and earn a position in the market competition. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/non-alcoholic-beverages-market-101927