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  • Kefir Market Analysis, Segmentation, Growth, Trends, Demand and Regional Forecast by 2027

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

    List of Key Companies Profiled in the Kefir Market Report:

    The Icelandic Milk and Skyr Corp (New York, U.S.)
    Maple Hill Creamery, LLC (New York, U.S.)
    Green Valley Creamery (California, U.S.)
    The Hain Celestial Group, Inc. (New York, U.S.)
    Nestle S.A. (Vevey, Switzerland)
    Emmi AG (Lucerne, Switzerland)
    Fresh Made Dairy (Pennsylvania, U.S.)
    Biotiful Dairy Limited (London, England)
    Danone S.A. (Paris, France)
    Lifeway Foods, Inc. (Illinois, U.S.)
    Market Opportunity

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

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

    Regional Insights

    High Nutritional Awareness to Power Market Growth in Europe

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

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

    Competitive Landscape

    Companies to Align Strategies to Serve Evolving Consumer Tastes

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

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/kefir-market-102463
    Kefir Market Analysis, Segmentation, Growth, Trends, Demand and Regional Forecast by 2027 The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits. List of Key Companies Profiled in the Kefir Market Report: The Icelandic Milk and Skyr Corp (New York, U.S.) Maple Hill Creamery, LLC (New York, U.S.) Green Valley Creamery (California, U.S.) The Hain Celestial Group, Inc. (New York, U.S.) Nestle S.A. (Vevey, Switzerland) Emmi AG (Lucerne, Switzerland) Fresh Made Dairy (Pennsylvania, U.S.) Biotiful Dairy Limited (London, England) Danone S.A. (Paris, France) Lifeway Foods, Inc. (Illinois, U.S.) Market Opportunity Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020. Regional Insights High Nutritional Awareness to Power Market Growth in Europe Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region. Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region. Competitive Landscape Companies to Align Strategies to Serve Evolving Consumer Tastes With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/kefir-market-102463
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Kefir Market Size, Trends, Industry Share, Growth Report, 2023-2031
    The global kefir market size was $1.23 billion in 2019 and is projected to reach $1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period
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  • 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
    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
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Eggs Market Growth Report | Key Industry Developments [2030]
    The global eggs market size is projected to grow from $143.29 billion in 2023 to $207.08 billion by 2030, at a CAGR of 5.40% during 2023-2030
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  • Nicotine Gum Market Growth, Trends, Demand and Regional Forecast by 2029

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

    COVID-19 Pandemic

    Manufacturing Restrictions to Impede Market Progress

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

    List of Key Players Profiled in the Nicotine Gum Market Report

    GlaxoSmithKline plc (U.K.)
    Johnson & Johnson (U.S.)
    Novartis Consumer Health (Germany)
    ITC Limited (India)
    Cipla Health Limited (India)
    Perrigo Company Plc (Ireland)
    Fertin Pharma (Denmark)
    Alchem International (India)
    Revolymer (U.K.)
    Driving Factors

    Anti-Smoking Campaign Promotions to Facilitate Market Progress

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

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

    Regional Insights

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

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

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

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

    Competitive Landscape

    Major Players Launch Novel Products to Reinforce Brand Presence

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

    Browse Summary of This Research Report:

    https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    Nicotine Gum Market Growth, Trends, Demand and Regional Forecast by 2029 The global nicotine gum market size was valued at USD 1.49 billion in 2021 and reached USD 1.56 billion in 2022. The market is expected to reach USD 2.17 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. Rising health awareness and prevalence of illnesses are expected to enhance the market growth. Fortune Business Insights™ presents this information in its report titled “Nicotine Gum Market, 2022-2029.” COVID-19 Pandemic Manufacturing Restrictions to Impede Market Progress This market is expected to be negatively affected during the COVID-19 pandemic due to the restrictions imposed on manufacturing. The sudden spike in COVID-19 infections restricted manufacturing activities globally, thereby disrupting the supply chain. Further, the restrictions on transport led to the lack of ingredients required for the production of the gum. However, the resumption of lockdown and the adoption of automated production techniques by manufacturers have facilitated this market's growth. List of Key Players Profiled in the Nicotine Gum Market Report GlaxoSmithKline plc (U.K.) Johnson & Johnson (U.S.) Novartis Consumer Health (Germany) ITC Limited (India) Cipla Health Limited (India) Perrigo Company Plc (Ireland) Fertin Pharma (Denmark) Alchem International (India) Revolymer (U.K.) Driving Factors Anti-Smoking Campaign Promotions to Facilitate Market Progress Nicotine gum is a medicine that helps people quit smoking and is used every 2 hours to eliminate smoking cravings. Rising research and development and the promotion of the product by government and non-government firms are expected to enhance product demand. Further, manufacturers focus on promoting anti-smoking campaigns and launch novel products that counter smoking cravings, such as lozenges, gums, and others. Moreover, the rising smoking-related illnesses, such as lung cancers, are expected to enhance product demand. These factors may incite nicotine gum market growth. However, the side effects of nicotine gum are expected to restrain the market growth during the upcoming years. Regional Insights Rising Number of Health Conscious Consumers to Propel Market Growth in North America North America is expected to dominate the nicotine gum market share due to increasing health-conscious consumers. The market in North America stood at USD 650.47 in 2022 and is expected to gain huge market share in the upcoming years. Furthermore, major brands focus on launching innovative products to enhance their quality and boost brand image globally. In Europe, the rising nicotine gum product sales in France, Italy, Germany, and the U.K. are expected to enhance the demand for nicotine gums. Furthermore, a strong focus on implementing strategies for quitting smoking is expected to enhance demand. In Asia Pacific, strong demand for innovative products, is expected to enhance the demand for the product. Furthermore, the rising demand for innovative products and increasing competition between companies are expected to enhance the market growth. Competitive Landscape Major Players Launch Novel Products to Reinforce Brand Presence The prominent companies operating in the market announce novel products to reinforce their brand image globally. For example, Nicorette announced a nicotine gum with ice mint lozenge in May 2019. This product offers a smooth texture and provides a punch of mint flavor. This launch may enable the company to attract consumers and enhance its brand presence globally. Furthermore, companies devise acquisitions, mergers, partnerships, and expansion strategies to enhance their market position. Browse Summary of This Research Report: https://www.fortunebusinessinsights.com/nicotine-gum-market-106655
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Nicotine Gum Market Size, Share, Growth | Global Report [2029]
    The global nicotine gum market is projected to grow from $1.56 billion in 2022 to $2.17 billion by 2029, at a CAGR of 4.8% in forecast period, 2022-2029
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  • Dietary Supplements Market Demand, Key Regions and Forecast by 2023-2028

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

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

    COVID-19 Impact-

    The market has been positively impacted by the sudden emergence of the coronavirus pandemic. The rising emphasis on maintaining health and immunity amongst consumers has grown during the pandemic, which has augmented the demand for dietary supplements. Moreover, the wide availability of health benefitting supplements on e-commerce platforms has bolstered the market growth. Consumers have been incorporating these supplements in their daily since the onset of the pandemic, contributing to the market growth.

    List of Key Players in the Global Market:

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

    Rising Emphasis on Quality Supplement Production to Fuel Market Growth

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

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

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

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

    Regional Insights-

    Rising Health Consciousness to Accelerate Growth in Asia Pacific

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

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

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

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


    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/dietary-supplements-market-102082
    Dietary Supplements Market Demand, Key Regions and Forecast by 2023-2028 The global dietary supplements market size is anticipated to hit USD 128.64 billion by 2028 and exhibit a CAGR of 8.68% during the forecast period. The escalating demand for personalized supplements and the rising emphasis on quality supplements are predicted to foster market growth. Fortune Business InsightsTMhas presented this information in its report titled “Dietary Supplements Market, 2021-2028”. The market size stood at USD 61.20 billion in 2020 and is anticipated to reach USD 71.81 billion in 2021. Additionally, the growing emphasis on preventive healthcare measures due to the rising prevalence of lifestyle and age-related diseases is projected to favor market growth. The growing consumer consciousness towards preventive healthcare measures is likely to boost the demand for health-boosting dietary supplements. COVID-19 Impact- The market has been positively impacted by the sudden emergence of the coronavirus pandemic. The rising emphasis on maintaining health and immunity amongst consumers has grown during the pandemic, which has augmented the demand for dietary supplements. Moreover, the wide availability of health benefitting supplements on e-commerce platforms has bolstered the market growth. Consumers have been incorporating these supplements in their daily since the onset of the pandemic, contributing to the market growth. List of Key Players in the Global Market: Amway Corp (Michigan, U.S.) Abbott (Illinois, U.S.) Nestle S.A. (Vevey, Switzerland) Herbalife Nutrition Ltd. (California, U.S.) Archer Daniels Midland Company (Illinois, U.S.) Glanbia Nutritionals (Illinois, U.S.) Otsuka Holdings Co. Ltd. (Tokyo, Japan) Arkopharma (Carros, France) Pfizer Inc. (New York, U.S.) GlaxoSmithKline plc (Brentford, U.K.) Drivers & Restraints- Rising Emphasis on Quality Supplement Production to Fuel Market Growth The rising use of organic, clean-labeled, and safe ingredients in food supplement production is likely to favor the market growth. The rising emphasis on the production of quality supplements is likely to amplify the global dietary supplements market growth. Additionally, the rising preference of sportspersons for food supplements to enhance endurance and performance is projected to complement the global market growth. The growing emphasis on preventive healthcare measures shall aid market growth. The rising consumer consciousness towards preventive healthcare measures due to the escalating prevalence of lifestyle and age-related diseases is likely to boost the global market growth. Lastly, market players' increasing developments and innovations and the expanding demand for personalized supplements are anticipated to further amplify the market growth. However, the high prices of these supplements may hinder market growth. Regional Insights- Rising Health Consciousness to Accelerate Growth in Asia Pacific Asia Pacific is projected to register the fastest growth in the global dietary supplements market share. The rising health consciousness amongst consumers is estimated to be the key factor driving the market growth in the region. The increasing awareness for personalized nutrition concepts is likely to fuel the regional market growth. Additionally, expansion of product portfolios and production bases of international market players across China, India, Malaysia, South Korea, and other Asian countries is projected to favor market growth. North America is anticipated to exhibit remarkable growth during the forecast period. The increasingly hectic lifestyles, aging population, obesity, and other diseases are expected to stimulate growth in the region. Additionally, the strict regulatory guidelines to supply safe and high-quality supplements in the U.S. are predicted to aid market growth. Europe is expected to witness substantial growth in the global market. The rising consumer awareness and consciousness for preventive healthcare solutions are predicted to favor the region’s market growth. Additionally, the expanding geriatric population is anticipated to complement the market growth. South America is predicted to attain significant growth due to the growing adoption of healthy lifestyles, increasing middle-class population, and growing new product launches. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/dietary-supplements-market-102082
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Dietary Supplements Market Size & Trends | Growth, 2021-2028
    The global dietary supplements market is projected to grow from $71.81 billion in 2021 to $128.64 billion in 2028 at a CAGR of 8.68% in forecast period
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  • Pasta Market 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
    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
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    Pasta Market Size, Share, Forecast | Industry Growth [2030]
    The global pasta market size was $66.36 billion in 2022 & is projected to grow from $68.35 billion in 2023 to $99.24 billion by 2030, at a CAGR of 5.47%
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  • Cheese Market Growth, Trends, Demand and Regional Forecast by 2030

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

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

    Drivers and Restraints:

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

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

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

    Regional Insights:

    Increasing Investments and Partnerships to Propel Market Growth in Europe

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

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

    Competitive Landscape:

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

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

    Key Industry Development:

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

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

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

    The global nutraceuticals market is expected to gain momentum by reaching USD 658.11 billion by 2028 while exhibiting a CAGR of 9.3% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Nutraceuticals Market, 2021-2028.”, mentions that the market stood at USD 320.00 billion in 2020. Factors such as the increasing personalization in nutritional diet and the increasing investment in R&D activities are expected to propel the demand for the product in the forthcoming years.

    DRIVING FACTORS

    Increasing Investment in Product Development to Favor Growth

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

    REGIONAL INSIGHTS

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

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

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

    Market Segmentation:

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

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

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

    COMPETITIVE LANDSCAPE:

    Merger and Acquisition between Major Companies to Brighten their Market Prospects

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

    Key Industry Development:

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

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/nutraceuticals-market-102530
    Nutraceuticals Market Regional Demand, Scope and Forecast by 2023-2028 The global nutraceuticals market is expected to gain momentum by reaching USD 658.11 billion by 2028 while exhibiting a CAGR of 9.3% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Nutraceuticals Market, 2021-2028.”, mentions that the market stood at USD 320.00 billion in 2020. Factors such as the increasing personalization in nutritional diet and the increasing investment in R&D activities are expected to propel the demand for the product in the forthcoming years. DRIVING FACTORS Increasing Investment in Product Development to Favor Growth In January 2020, Archer Daniels Midland Company announced the acquisition of Yerbalatina Phytoactives, a leading manufacturer of natural plant-based extracts and ingredients. The company with its investment aims to strengthen its position in the market. Similarly, several companies are focusing on investing in R&D activities to develop and introduce health-benefiting food products to cater to the growing demand for nutritious products worldwide. Moreover, the development of natural food products devoid of any harmful substances will boost the global nutraceuticals market growth in the forthcoming years. REGIONAL INSIGHTS Asia-Pacific to Remain at Forefront; Demand for Functional Foods to Increase in North America Among all the regions, Asia-Pacific is expected to remain dominant and hold the highest position in the market during the forecast period. The dominance is attributable to the presence of a large population and the improving living standards in countries such as India, Japan, and South Korea, among others that will boost the demand for nutraceuticals in the region. Moreover, the region stood at USD 124.70 billion in 2020. The market in North America is expected to hold the second position in the market backed by the increasing demand for plant-based nutritional products and the growing demand for functional food in countries such as the U.S. between 2021 and 2028. Market Segmentation: Based on product type, the market is trifurcated into dietary supplements, functional foods, and functional beverages. On the basis of product type, the dietary supplements segment held a global nutraceuticals market share of about 19.12% in terms of revenue in 2020 and is likely to experience considerable growth. This is due to several companies focusing on expanding their dietary supplement production facilities to cater to the growing consumer demand. Based on the distribution channel, the market is categorized into hypermarkets/supermarkets, convenience stores, online retail, and others. Lastly, on the basis of region, the market is segregated into Asia-Pacific, North America, Europe, South America, and the Middle East and Africa. COMPETITIVE LANDSCAPE: Merger and Acquisition between Major Companies to Brighten their Market Prospects The global market comprises small, medium, and large companies that are striving to maintain a stronghold. The large companies are focusing to expand their nutraceuticals portfolio by acquiring other small companies. Moreover, other key players are adopting strategies such as facility expansion, partnership, and collaboration to gain a competitive edge over their rivals that will favor the market growth in the forthcoming years. Key Industry Development: September 2020 - Nuliv Science introduced a new compound, Senactiv that helps to promote muscle energy and regeneration. The company further reports that the new sports product is manufactured taking into consideration the surging demand for dietary supplements among consumers. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/nutraceuticals-market-102530
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Nutraceuticals Market Size, Trends, Growth, Shares, Outlook 2023-2031
    The global nutraceuticals market is predicted to grow from $352.92 billion in 2021 to $658.11 billion in 2028 at a CAGR of 9.3% in forecast period 2021-2028
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  • Pisco Market Size, Share, Revenue, Growth Analysis, Global Business Demand and Forecast by 2027

    The global pisco market size is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of 6.2% during the forecast period. Increasing awareness about the potential health benefits of pisco will play a central role in augmenting the development of this market, observes Fortune Business Insights™ in its report, titled “Pisco Market Size, Share & COVID-19 Impact Analysis, By Origin (Peruvian and Chilean), Type (Puro, Acholado, and Others), and Regional Forecast, 2020 – 2027”. Pisco is a certain type of brandy that is derived from fermented grape juice. The drink is native to Chile and Peru, where pisco is considered the national beverage. Not only does pisco have an exotic taste but it also offers some distinct health benefits to drinkers. For example, drinking pisco after meals stimulates secretion of gastric juices, thus aiding digestion.

    Moreover, in case of hypothermia, adding pisco in hot tea along with lemon and honey can bring instant warmth to the body and prevent the body temperature from rising suddenly. In addition to this, flu-induced sore throat and fever can also be relieved by taking pisco-based tinctures. Thus, this Peruvian-Chilean drink promises a host of advantages related to health, which will increase its consumption around the world.

    List of Key Companies Profiled in the Pisco Market Report:

    Pisco Portón (Ica, Peru)
    Catan Pisco (Chicago, United States)
    Pisco MalPaso (Coquimbo, Chile)
    Barton Solvent Inc. (Peru)
    Cooperativa Agricola Pisquera Elqui Ltda (Santiago, Chile)
    Compañia Cervecerias Unidas (Las Condes, Chile)
    Pisquera Tulahuen SpA (Monte Patria, Chile)
    La Diablada Pisco (Peru)
    Bauzá (Chile)
    Macchu Pisco (Peru)
    Restraining Factors

    Staggered Operations of Hotels & Bars amid COVID-19 to Restrict Market Growth

    The pisco market growth is facing massive impediments amid the COVID-19 as the pandemic led to the initial closure and subsequent staggered opening of bars and restaurants in major economies. In the US, for example, the states of Florida and Texas announced that bars will have to shut down to stop the spread of the coronavirus, when cases spiked in June 2020.

    In March, when the pandemic erupted, several casinos in Las Vegas closed their operations, while states such as Ohio and California directed bars and restaurants to announce temporary closures. Even now, with countries slowly restoring economic activities, bars are being forced to follow strict time and social distancing regulations. For example, in the UK, bars have been instructed to close down by 10pm, while in India the Maharashtra state government has allowed bars and restaurants to function with limited capacity. The imposition of the coronavirus-induced lockdown and social distancing measures on bars is, therefore, likely to stymie the demand and consumption of exotic alcoholic beverages such as pisco.

    Regional Insights

    South America to Occupy Driver’s Seat; Europe to Present Exciting Prospects

    At USD 374.4 million, South America dominated the pisco market share in 2019 as the region is home to the two largest producers of the drink in the world, Peru and Chile. Companies in this region are constantly innovating and developing unique alcoholic blends to cater to the growing popularity of exotic drinks in North America and Europe. Moreover, the companies are also producing premium pisco variants for the domestic as well as the international market.
    Europe is slated to emerge as the second-largest region for this market due to the surging demand for traditional foreign alcohols across the continent. In Asia Pacific, the market outlook appears wide and bright on account of the deepening cultural and trade relations among Asian and South American countries.

    Competitive Landscape

    Cooperative Agreements and Measured Expansions to Spur Competition
    With pisco gaining widespread popularity, grape producers and alcohol companies in Chile and Peru are seeking agreements that can help farmers as well as the key market players. These mutually beneficial deals are crucial as they provide incentives to key players to innovate and expand their operations, while farmers are encouraged to produce more and adopt modern farming technologies.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    Pisco Market Size, Share, Revenue, Growth Analysis, Global Business Demand and Forecast by 2027 The global pisco market size is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of 6.2% during the forecast period. Increasing awareness about the potential health benefits of pisco will play a central role in augmenting the development of this market, observes Fortune Business Insights™ in its report, titled “Pisco Market Size, Share & COVID-19 Impact Analysis, By Origin (Peruvian and Chilean), Type (Puro, Acholado, and Others), and Regional Forecast, 2020 – 2027”. Pisco is a certain type of brandy that is derived from fermented grape juice. The drink is native to Chile and Peru, where pisco is considered the national beverage. Not only does pisco have an exotic taste but it also offers some distinct health benefits to drinkers. For example, drinking pisco after meals stimulates secretion of gastric juices, thus aiding digestion. Moreover, in case of hypothermia, adding pisco in hot tea along with lemon and honey can bring instant warmth to the body and prevent the body temperature from rising suddenly. In addition to this, flu-induced sore throat and fever can also be relieved by taking pisco-based tinctures. Thus, this Peruvian-Chilean drink promises a host of advantages related to health, which will increase its consumption around the world. List of Key Companies Profiled in the Pisco Market Report: Pisco Portón (Ica, Peru) Catan Pisco (Chicago, United States) Pisco MalPaso (Coquimbo, Chile) Barton Solvent Inc. (Peru) Cooperativa Agricola Pisquera Elqui Ltda (Santiago, Chile) Compañia Cervecerias Unidas (Las Condes, Chile) Pisquera Tulahuen SpA (Monte Patria, Chile) La Diablada Pisco (Peru) Bauzá (Chile) Macchu Pisco (Peru) Restraining Factors Staggered Operations of Hotels & Bars amid COVID-19 to Restrict Market Growth The pisco market growth is facing massive impediments amid the COVID-19 as the pandemic led to the initial closure and subsequent staggered opening of bars and restaurants in major economies. In the US, for example, the states of Florida and Texas announced that bars will have to shut down to stop the spread of the coronavirus, when cases spiked in June 2020. In March, when the pandemic erupted, several casinos in Las Vegas closed their operations, while states such as Ohio and California directed bars and restaurants to announce temporary closures. Even now, with countries slowly restoring economic activities, bars are being forced to follow strict time and social distancing regulations. For example, in the UK, bars have been instructed to close down by 10pm, while in India the Maharashtra state government has allowed bars and restaurants to function with limited capacity. The imposition of the coronavirus-induced lockdown and social distancing measures on bars is, therefore, likely to stymie the demand and consumption of exotic alcoholic beverages such as pisco. Regional Insights South America to Occupy Driver’s Seat; Europe to Present Exciting Prospects At USD 374.4 million, South America dominated the pisco market share in 2019 as the region is home to the two largest producers of the drink in the world, Peru and Chile. Companies in this region are constantly innovating and developing unique alcoholic blends to cater to the growing popularity of exotic drinks in North America and Europe. Moreover, the companies are also producing premium pisco variants for the domestic as well as the international market. Europe is slated to emerge as the second-largest region for this market due to the surging demand for traditional foreign alcohols across the continent. In Asia Pacific, the market outlook appears wide and bright on account of the deepening cultural and trade relations among Asian and South American countries. Competitive Landscape Cooperative Agreements and Measured Expansions to Spur Competition With pisco gaining widespread popularity, grape producers and alcohol companies in Chile and Peru are seeking agreements that can help farmers as well as the key market players. These mutually beneficial deals are crucial as they provide incentives to key players to innovate and expand their operations, while farmers are encouraged to produce more and adopt modern farming technologies. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Pisco Market Size, Share, Trends | Industry Report [2020-2027]
    The global pisco market size stood at USD 670.5 million in 2019 and is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of ccfv during the forecast period.
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  • Probiotics Market Latest Trends, Key Drivers, Future Demand, Size and Forecast by 2027

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

    List of Top 10 Key Players Profiled in the Probiotics Market:

    Danone S.A. (Paris, France)
    Lallemand Inc. (Canada)
    Yakult Honsha (Japan)
    Nestle S.A. (Vevey, Switzerland)
    DuPont (Danisco A'S) (Delaware, United States)
    Chr. Hansen (Horsholm, Denmark)
    Kerry Inc. (Tralee, Ireland)
    Post Holdings, Inc. (Missouri)
    Pepsico, Inc. (New York, United States)
    Evolve Biosystems, Inc. (Davis, California)
    What Does the Report Contain?

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

    Driving Factor

    Rising Awareness of Product through Social Mediums to Surge Demand

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

    Regional Insights

    Rising Awareness of Health Benefits to Aid Growth in Asia Pacific

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

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

    Competitive Landscape

    Collaboration by Prominent Companies to Brighten Their Market Prospects

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

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/industry-reports/probiotics-market-100083
    Probiotics Market Latest Trends, Key Drivers, Future Demand, Size and Forecast by 2027 The global probiotics market size is expected to reach USD 94.48 billion by 2027 while exhibiting a CAGR of 7.9% between 2020 and 2027. This information is published by Fortune Business Insights in its report, titled "Probiotics Market, 2020-2027". The report further mentions that the market stood at USD 48.88 billion in 2019. The growing consumption of nutritional food among the health conscious section of the market is gaining popularity in recent years. For instance, the Nutrition Society of Malaysia has also introduced the Probiotics Education Program to educate consumers on the health benefits of these products. List of Top 10 Key Players Profiled in the Probiotics Market: Danone S.A. (Paris, France) Lallemand Inc. (Canada) Yakult Honsha (Japan) Nestle S.A. (Vevey, Switzerland) DuPont (Danisco A'S) (Delaware, United States) Chr. Hansen (Horsholm, Denmark) Kerry Inc. (Tralee, Ireland) Post Holdings, Inc. (Missouri) Pepsico, Inc. (New York, United States) Evolve Biosystems, Inc. (Davis, California) What Does the Report Contain? The report offers an insight into the profitability, entire structure, and scale. It also studies the drivers and restraints and considers all the potential threats to the market. The critical analysis of marketplace sections, prediction analysis, and expert insights are strategically included in the report. A wide spectrum of data, including regional analysis, market segmentation, industry developments, and key players, are included in the research conducted by market experts. Driving Factor Rising Awareness of Product through Social Mediums to Surge Demand The numerous health benefits of the product are augmenting the probiotics market growth. The increasing awareness and advertisement by prominent personalities are creating a demand in the market. Various athletes and yoga instructors are emphasizing the health benefits of nutraceuticals through social media as paid partnerships. Also, a considerable chunk of health-conscious vegan consumers prefers to get their nutrients from nutraceutical sources. The industry is also experiencing heavy investment in research and development for innovation. For example, in February 2020, Amorepacific Group inaugurated its novel green tea probiotics Research Centre for studying lactobacillus found in Jeju organic green tea. Regional Insights Rising Awareness of Health Benefits to Aid Growth in Asia Pacific Asia-pacific is expected to hold the largest probiotics market share due to high consumption in China and Japan. The rising awareness of the health benefits of the product is garnering significant demand from the region. For instance, Yakult Honsha declared the company sales of 9,540 bottles of Yakult every day in Japan. North America is anticipated to showcase considerable growth in the forthcoming years. This is due to the well-established food industry in the region. Moreover, a rising preference for a healthy diet owing to the prevalence of lifestyle diseases in the region is anticipated to incur product demand. Competitive Landscape Collaboration by Prominent Companies to Brighten Their Market Prospects The competitive landscape of the market for probiotics enlightens us with details on prominent players of this industry. Technological advancement by key players is being researched to gain traction in the market. Several market giants are also collaborating on production facilities to expand their business horizons. Some companies are also using awareness campaigns to strategically introduce their products in regions with minimal awareness to expand their horizons. Several more strategic collaborations, acquisitions, partnerships, product launches, technological advancement, and others are spread across the market horizon of this product. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/probiotics-market-100083
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Probiotics Market Size, Industry Share, Growth Rate, Forecast, 2032
    The global probiotics market size was $48.88 billion in 2019 & is projected to reach $94.48 billion by 2027, exhibiting a CAGR of 7.9% during the forecast period
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  • Green Coffee Market Revenue, Segmentation, Size and Forecast by 2028

    The global green coffee market size was valued at USD 34.03 billion in 2020. The market value is estimated to increase from USD 35.40 billion in 2021 to USD 47.22 billion by 2028 with a CAGR of 4.20% during the forecast period. The market is gaining momentum from the rising consumer awareness of various health benefits of the product among consumers. The product is also gaining popularity in nutraceutical products and dietary supplements. Fortune Business Insights presents this information in its report titled “Green Coffee Market, 2021-2028."

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

    COVID-19 Impact:

    Disruptions in Coffee Supply Chains amid COVID-19 to Impact Market Development

    The global coffee sector experienced unprecedented supply chain disruptions amid the pandemic, with demand witnessing a significant drop during 2020. Supply chain uncertainty led to a rise in coffee prices in many regions. Consequently, coffee imports across various countries were hampered. The International Coffee Organization (ICO) reports that the composite indicator dropped below the USD 100 cents/lb. mark at the end of June 2020. However, increased health concerns among consumers amid the pandemic increased the product demand. U.S.

    List of Key Players Profiled in the Report:

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

    Growing Use in Nutraceuticals & Dietary Supplements to Boost Market Growth

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

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

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

    Report Scope & Segmentation

    Regional Insights:

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

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

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

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/green-coffee-market-106635
    Green Coffee Market Revenue, Segmentation, Size and Forecast by 2028 The global green coffee market size was valued at USD 34.03 billion in 2020. The market value is estimated to increase from USD 35.40 billion in 2021 to USD 47.22 billion by 2028 with a CAGR of 4.20% during the forecast period. The market is gaining momentum from the rising consumer awareness of various health benefits of the product among consumers. The product is also gaining popularity in nutraceutical products and dietary supplements. Fortune Business Insights presents this information in its report titled “Green Coffee Market, 2021-2028." Green coffee has gained tremendous popularity across the world over the past few years. Its demand is increasing due to growing consumer inclination towards functional foods & beverages and plant-based dietary supplements. Specialty coffee varieties such as green coffee beans are attracting an enormous consumer base worldwide. With increased disposable incomes, consumers are increasingly spending on premium-quality food & beverage products. These factors will work in favor of the market expansion during the forecast timeline. COVID-19 Impact: Disruptions in Coffee Supply Chains amid COVID-19 to Impact Market Development The global coffee sector experienced unprecedented supply chain disruptions amid the pandemic, with demand witnessing a significant drop during 2020. Supply chain uncertainty led to a rise in coffee prices in many regions. Consequently, coffee imports across various countries were hampered. The International Coffee Organization (ICO) reports that the composite indicator dropped below the USD 100 cents/lb. mark at the end of June 2020. However, increased health concerns among consumers amid the pandemic increased the product demand. U.S. List of Key Players Profiled in the Report: The Hamburg Coffee Company (Germany) Neumann Kaffee Gruppe (Germany) Merchants of Green Coffee (U.S.) Belco S.A. (France) Starbucks Corporation (U.S.) Nordic Approach S.A. (Norway) Golden Bean Trade (Brazil) Atlantica Coffee (Brazil) Group MAGNUS BRAZIL-The Green Coffee Brazil (Brazil) WS Cafe (Vietnam) Drivers & Restraints: Growing Use in Nutraceuticals & Dietary Supplements to Boost Market Growth The green coffee market growth is primarily driven by the increasing awareness towards the various health benefits of the product among consumers. Green coffee beans are a major source of chlorogenic acid, which is an antioxidant that can be absorbed in the body readily. High antioxidant content has thus increased the product popularity significantly. Studies have also shown that the beverage can aid weight loss. This factor is driving its adoption among obese and overweight individuals. Attributed to the aforementioned health benefits, green coffee is being increasingly used in nutraceutical products and dietary supplements. Increased focus over healthy and immunity will thus help the market proliferate over the projected timeframe. However, price volatility of green coffee beans could hamper the market growth to some extent. Report Scope & Segmentation Regional Insights: Europe is expected to lead the global green coffee market share during 2021-2028. The region is witnessing a notable uptick in product adoption for further processing in instant coffee and roasted coffee products. Specialty coffee products are gaining popularity among health-conscious consumers across Germany, Spain, and Italy. North America will witness growth owing to the thriving nutraceutical sector. The region is witnessing heavy usage of nutraceutical products and dietary supplements. Rise of the fitness sector and presence of major players such as Starbucks will drive the regional market forward. Meanwhile, the market is Asia Pacific will record notable growth during the analysis period due to rising disposable incomes of consumers and increased spending on premium-quality coffee products. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/green-coffee-market-106635
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Green Coffee Market Size, Global Share, Revenue, Growth Forecast, 2031
    The global green coffee market size was valued at $35.40 billion in 2021 and is projected to grow from $38.43 billion in 2023 to $53.42 billion by 2031 at a CAGR of 4.20% during the forecast period.
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