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Global Amphoteric Surfactants Market Latest Report on the Current Trends and Future Opportunities to 2029
Accurate information and innovative corporate analysis are provided in the Global Amphoteric ... View More
Global Amphoteric Surfactants Market By Product Type (Betaine, Amine Oxide, Amphoacetate, Amphopropionates, and Sultaines), By Application (Personal Care, Home Care, Industrial & Institutional (I&I) Cleaning, Oil Field Chemicals, and Agrochemicals
The Global Amphoteric Surfactants Market Is Expected To Grow At 7% CAGR From 2020 To 2029. It Is Expected To Reach Above USD 5.83 Billion By 2029
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Nanorobotics Market to Witness Massive Growth by 2029
Accurate information and innovative corporate analysis are provided in the Nanorobotics Market research report to assist businesses of all sizes ... View More
Nanorobotics Market by Product Type (Nanomanipulator, Bio-Nanorobotics, Magnetically Guided, Bacteria-Based), Application (Nanomedicine, Biomedical, Mechanical, Others), End-User (Hospitals, Diagnostic Centers, Research Laboratories, Others) and by Region
The Global Nanorobotics Market Is Projected To Reach USD 14.86 Billion By 2029 From USD 6.15 Billion In 2020, At A CAGR Of 10.19 % From 2022 To 2029
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The global organic fertilizers market is predicted to grow at an 11.9% CAGR over the forecast period (2017-2023), states the latest Market Research Future (MRFR) report. Organic fertilizers are a gentler, kinder means of offering plants the nutrients which they require. They usually come from animals, plants, or minerals and comprise various nutrients for enhancing the soil ecosystem. Cost-effective, slow erosion, reduction in environmental pollution, slow release of essential nutrients, and enhanced soil fertility, are some of the key benefits that have made organic fertilizers immensely popular across the globe.
Various factors are propelling the Organic Fertilizers Market Research growth. Some of these factors according to the Market Research Future report, include rapidly rising land areas especially under organic cultivation, innovations in manufacturing techniques of organic fertilizers, heavy investments in research and development, revolutionizing farming practices, growing need for food security, and changing perception of farmers and end users towards farming techniques that are eco-friendly. Additional factors pushing market growth include biological developments and cultivation in crop production, rising consumer awareness about harmful effects of chemical and synthetic fertilizers, drugs and pesticides, the rising consumer base for pharmaceutical, personal care, and food and beverage products that are non-synthetic, reduced soil degradation and environmental benefits, and constant product innovations.
On the contrary, increasing reliance on inorganic cultivation techniques and high cost are factors that may impede organic fertilizers market growth over the forecast period.
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Market Segmentation
The MRFR report offers a wide segmental analysis of the organic fertilizers market on the basis of source, crop, certifications, and form.
Based on source, the organic fertilizers market is segmented into animals, plants, and minerals. Of these, the animals' segment will have the largest share in the market over the forecast period. This is due to the nutritional benefits, including calcium, phosphorus, potassium, and nitrogen.
Based on crop, the organic fertilizers market is segmented into fruits and vegetables, cereals and grains, oilseeds and pulses, and others. Of these, the fruits and vegetable segment will dominate the market over the forecast period. This is owing to the burgeoning demand and technological advancements.
Based on certifications, the organic fertilizers market is segmented into 95% organic and 100% organic.
Based on form, the organic fertilizers market is segmented into liquid and dry. Of these, the liquid segment will lead the market over the forecast period. This is owing to its quick absorbability by soil that allows the nutrients to reach the crops faster.
Regional Analysis
Based on region, the organic fertilizers market report covers the latest trends and growth opportunities across Europe, the Asia Pacific (APAC), North America, and the Rest of the World (RoW). Of these, Europe will remain the frontrunner in the market over the forecast period. This is owing to ample accessibility of land for farming, especially under organic cultivations as well as the willingness of consumers in paying for organic foods. Italy, France, and Germany are the key contributors in this region owing to rising environmental and health concerns.
The organic fertilizers market in the APAC region is predicted to have a notable growth over the forecast period. This is owing to the huge agricultural land area and strict government policies.
The organic fertilizers market in North America will have favorable growth over the forecast period. This is owing to increasing preferences of consumers for food products that are chemical-free, rising research and development investments to practice sustainable farming and the presence of leading accreditation associations such as USDA in the US.
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Key Players
Leading players profiled in the organic fertilizers market report include Suståne Natural Fertilizer, Inc. (US), The Scotts Miracle-Gro Company (US), Italpollina S.p.A. (Italy), Agrocare Canada (Canada), Coromandel International Limited (India), Midwestern BioAg (US.), and Tata Chemicals Ltd. (India), among others.
August 2019: Leading poultry farm, JEWM Agro-Industrial Corporation has ventured to develop organic fertilizer with the help of Japanese technology. It will be marketed to industrial companies, plantations, hobbyists, and home growers.
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The North America and Europe smart kitchen appliances market is expected to exhibit steady growth over the forecast period due to the growing consumer inclination towards the use of wireless connectivity for kitchen-based applications. This information comes from the latest research report from Market Research Future (MRFR). The MRFR report provides a comprehensive overview of the smart kitchen appliances market’s historical growth trajectory in North America and Europe, elaborating upon the major drivers and restraints affecting the market. The immediate economic environment of the Smart Kitchen Appliances Market Demand is also studied in the report in order to provide readers with pointers as to how major macroeconomic and microeconomic factors impact the smart kitchen appliances market. The leading players operating in the North America and Europe smart kitchen appliances market are also studied in the report to provide readers with a clear picture of the competitive landscape of the market.
Smart kitchen appliances are an extension of the overall development of the Internet of Things, and consist of a wide range of devices including smart pans, smart ovens, smart weighing scales, and more. Smart kitchen appliances are geared towards making cooking easier for consumers and provide various data such as the temperature of the food. Based on the temperature of the food, devices such as smart pans and ovens can recommend when to flip or turn the food in question, in order to obtain uniform heating. Smart kitchen appliances can also provide recipes from web-based platforms, so that home-based consumers can easily prepare their food. This enhances the safety as well as utility of kitchen appliances, as temperature sensors and time sensors can determine if a piece has been used for too long. This also allows the consumer to relax about the quality of the food being cooked, as there is little chance of overcooking or undercooking when the implement has built-in temperature sensors determining the best way to cook the food.
The growing awareness about the Internet of Things (IoT) in consumers in North America and Europe is likely to be a major driver for the North America and Europe smart kitchen appliances market over the forecast period. With the increasing adoption of IoT principles and technology, consumers have become familiar with the concept, enabling growing demand from the smart kitchen appliance market. The growing disposable income of consumers in North America and Europe is also likely to be a major driver for the North America and Europe smart kitchen appliances market.
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Competitive Analysis:
Leading players in the North America and Europe smart kitchen appliances market include Etekcity Corporation, Lakeland Limited, Hestan Cue Inc., Vorwerk Elektrowerke GmbH & Co. KG, Tovala, Samsung Electronics Co. Ltd., Whirlpool Corp., Robert Bosch GmbH, Hamilton Beach Brands Inc., AB Electrolux, and Breville Group Ltd.
In September 2019, Sharp announced a new line of smart ovens, called Love2Cook smart oven. The oven is integrated with the smart kitchen app Innit, which will provide the users with customized recipes based on the availability of ingredients.
The same month, Haier announced that its new smart refrigerators will integrate SideChef, providing users with customized recipes based on the inventory in their refrigerators.
Segmentation:
The North America and Europe smart kitchen appliances market is segmented on the basis of product type, application, technology, distribution channel, and region.
By product type, the North America and Europe smart kitchen appliances market is segmented into crockpots, instant pots, combination ovens, smart ovens, smart weighing scales, thermomix, intelligent pans, and others. The intelligent pans segment is expected to exhibit the highest growth rate over the forecast period.
By application, the market is segmented into residential and commercial. The residential sector is likely to dominate the North America and Europe smart kitchen appliances market over the forecast period.
By technology, the market is segmented into RFID, Bluetooth, wireless sensor networks, and others, with the wireless sensor networks segment holding the largest share in the market.
By distribution channel, the North America and Europe smart kitchen appliances market is segmented into store-based and non-store based.
Regional Analysis:
The North America and Europe markets for smart kitchen appliances are expected to reach a valuation of USD 5,906.78 million and USD 5,595.05 million, respectively, by 2023. Europe is expected to grow at a higher CAGR of 18.82%, while the North America market is expected to grow at a CAGR of 18.08% over the forecast period.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Organic tissue paper are majorly used for facial application by skin sensitive consumers. Globally, organic tissue paper made with recycled pulp and bamboo pulp are in huge demand which is driving the introduction of new products under this category. Majority of organic tissue paper are sold one or two layered. Changing lifestyle and increasing awareness among consumer about use of products which are naturally biodegradable is boosting the sales of organic tissue paper since last few years.
Globally the Organic Tissue Paper Industry is estimated to escalate at a higher growth rate which is supported by increasing demand of naturally biodegradable personal care products. Rising application of organic tissue paper for facial application is supporting the market growth. Availability of different product type and improved distribution channel is playing the key role for organic tissue paper market growth.
All these factors contribute to the calculated CAGR of 4.2% of organic tissue paper market during 2017-2023.
Downstream Analysis:
Organic tissue paper is popular among skin sensitive consumer and majorly used as disposable paper that are suitable for facial application. The use of organic tissue paper for treatment of minor wounds, cleaning hands and cleaning spectacles is influencing the sales of organic tissue paper since last few years. Key players are introducing the organic table napkins and wrapping tissues to expand their product portfolio. Increasing awareness among consumers about organic and biodegradable products is encouraging the manufacturers to invest more in organic tissue paper.
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Competitive Analysis:
The major key players in Organic Tissue Paper market are:
Greenline Paper Company (U.S.)
Regent Kimya (Turkey)
Tropicana Food and Beverages Gmbh (Germany)
BHK Krakow (Poland)
Shanghai Xuanjie Trade Co., Ltd (China )
Zhangzhou Lianan Paper Co., Ltd. (China)
Weroca Kartonagen Gmbh (Germany)
Regional Analysis:
The Global Organic Tissue Paper market is segmented into North America, Europe, and Asia Pacific along with rest of the world (RoW). North America region is estimated to dominate the market followed by Asia Pacific region. U.S. and Canada are major organic tissue paper producers in the North American region. U.S. dominates the market in this region due to increasing demand of organic personal care products. Availability of raw material and huge consumer base is driving the organic tissue paper market in the Asia Pacific region especially in developing countries like China and India. Improvement in production technology and growing organic products trend in the Europe region is playing key role to boost the market growth.
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Market Segmentation:
Global organic tissue paper market is segmented by raw material, layer, end use and distribution channel and region.
Organic tissue paper product has been segmented on the basis of raw material which includes bamboo pulp, recycled pulp, straw pulp, mix wood pulp, and others.
Organic tissue paper product has been segmented on the basis of layer which includes one layer, two layer and three layer.
Organic tissue paper product has been segmented on the basis of end use which includes toilet tissue paper and facial tissue paper
Organic tissue paper product has been segmented on the basis of distribution channel which includes store based and non-store based
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Organic saffron is produced by applying organic farming methods that do not use harmful fertilizers and chemicals during agriculture. The growing acceptance of a healthy lifestyle by consumers encourages farmers to adopt organic farming. The organic saffron market is expected to reach $ 395.15 million by 2024, with a compound annual growth rate of 6.10% for the 2019-2024 forecast period, according to the Market Research Future. The global Organic Saffron Industry has grown considerably in product launches. Major manufacturers are introducing new products in different countries to accept organic saffron. However, the higher price of organic saffron compared to conventional saffron should limit the growth of the global organic saffron market during the forecast period.
The saffron market is expected to experience strong growth, driven by growing demand from the food and beverage industry. Growing demand for saffron in the foods of various cuisines around the globe as an essential ingredient in culinary dishes is the driving force of the market. In addition, the growth of the global restaurant sector is likely to boost the size of the saffron market. Moreover, growing awareness about the adulteration in spices and other food products is estimated to uplift the demand rate of the organic saffron.
The intensification of research and development activities aimed at increasing saffron yield in different countries should increase the size of the product market. In addition, the product is used in the perfume industry to produce perfumes and as a yellow dye in the food industry.
Market Segmentation
The global organic saffron market is segmented by shape and distribution channels.
The global market for organic saffron is classified according to its shape in yarn, powder, and liquid.
According to the distribution channel, the global market is divided into store-based and non-store based. The distribution channel segment in the store is also segmented into supermarkets and hypermarkets, convenience stores, and others.
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Regional Outlook
The Asia Pacific region is projected to sustain its dominant position during the forecast period 2019-2024, both in value and volume. The growth of the organic saffron market in the region must be driven by several factors. Increased consumer awareness of health problems in the Asia Pacific region is expected to bolster the growth of the organic saffron market over the forecast period. Demand for organic saffron is increasing among consumers due to its use in different desserts in different countries. Organic saffron consumption is high in China, India, and Indonesia. Moreover, owing to suitable farming conditions in Middle East, particularly in the GCC countries and Iran the export volume of organic saffron has drastically increased.
Europe is also expected to grow enormously in recent years due to the growing consumer inclination for organic foods and beverages. The use of organic saffron is gaining ground in the production of homemade desserts throughout the region.
Key Players
Some of the leading players operating in the global organic saffron market include Tatva Health & Wellness Private Limited, Rowhani Saffron Co., Mehr Saffron, Organic India, Inc., Frontier Natural Products Co-op., Spicely Organics, Alpen Food Group, Epicure Garden, Noor Brand Saffron, and Valgosa S.L. Manufacturers are majorly adopting various other strategies in terms of agricultural innovations, manufacturing process enhancements, and regional expansions at favorable trade conditions. This trend has uplifted the growth of the global saffron market.
Industry Updates
Organic Agro Exports from Iran bagged $43 million in the previous year. According to Reza Nourani, chief of Iran Organic Association large number of organic products was exported in the previous year from Iran comprised saffron, pistachios, figs, dates, and medicinal plants.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Market Overview
The United States (U.S) cheese market is will be reaching 6787 Kilo Tons by the end of 2023, surging at a CAGR of 3.41% during the forecast period (2017-2023), ascertains the data experts from Market Research Future (MRFR). The report also states that U.S. is a prominent cheese producing country on a global level, alone contributing roughly 26% of market share in the total cheese production.
Market Segmentation
The report mentions that the U.S. Cheese Industry is segmented on the basis of product type, source, application, as well as states.
Based on the product type, cheese has been categorized into Hispanic, feta, cheddar, mozzarella, other American cheeses, other Italian cheeses, Colby jack, Muenster, Monterey jack, cream cheese, cottage cheese, pepper jack, and others. Among these, mozzarella has gained immense popularity in the U.S cheese market with over 50% of the total market share. The augmented popularity of pizza and other Italian dishes that make use of mozzarella, paired with the strong preference for mozzarella string cheese consumed as a snack is noted to help the segment in keeping its lead well throughout the forecast period.
By source, the market is segmented on the basis of whole cow milk, skimmed cow milk, and others. Among these, skimmed cow milk held more than 80% of the total market in the country, on accounts of its extensive use in the cheese making process.
The types of cheese in U.S include aged fresh, soft white, fresh, semi-soft, hard, blue, flavored, and others.
The cheese in U.S. finds applications in cheese dips, cheese processing, fast food snacks, cheese spreads, bakery foods, processed foods, savory snacks, alcohol accompaniments, and others. Here, fast food snacks are presumed to attain an approximate 1,705-kilo tons by 2023, noting a CAGR of 4.46% during the forecast period (2017-2023).
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Latest News
February 2019 – ALDI has launched a lineup of six different limited-edition cheeses which is individually named after a classic song from the 1980s. The names of the cheeses include Pour Some Gouda on Me, Sweet Cheddar of Mine, Girls Just Wanna Have Fontina, Total Eclipse of the Havarti and Wake Me Up Before You Goat Goat.
Growth Factors and Restraints
Cheese has sphingolipids and linoleic acid that are helpful in preventing cancer. In addition, vitamin B in cheese helps reduce blood pressure, provided the content of sodium is low. The preparation of cheese involves pasteurization, standardization, adding desired starter cultures, as well as other processes that results in the formation of its different varieties. Additionally, advancement in cheese processing, like the use of nanoliposomes in micro-encapsulation, leads to an increased level of vitamins and minerals in cheese.
The accelerated consumption of fast food items like pizza, pasta, and burger, in various quick service restaurants (QSRs) is the primary reason behind the lavish growth of the cheese market in U.S. Also, the longer shelf life of cheese products, coupled with the increasing demand for food products rich in protein content and strikingly high disposable income of people bolsters the market growth in the country.
But with the alarming obesity rates and the growing health consciousness among adults, the growth rate of the cheese market in U.S could slow down to some extent. On that note, cheese that have low-fat content is highly preferred by the local population. Also, manipulating the rheological & chemical properties of the cheese provides desirable characteristics along with a longer shelf life, factors which provide numerous growth opportunities to the market in the country.
Industry Trend
Trade analysis have noticed an increased consumption of natural cheese which is noted as a positive trend in the last couple of years. The growing consumption is primarily due to the health-related benefits like high protein content coupled with the cheese being an excellent source of minerals and various vitamins. This content reduces the risk of heart disease as well as osteoporosis.
Moreover, the growth in trend of ethnic food culture from various parts around the world further influences the natural cheese market in the U.S.
Regional Outlook
Focusing on the states in U.S, Wisconsin has managed to capture close to 30% of the total market in the country, and is poised to reach roughly 1900 kilotons by 2023. Wisconsin is considered one of the biggest cheese producing states in the country, and is closely trailed by California that will also note a substantial growth over the review period. Wisconsin is inundated with various market players along with numerous artisan cheese producers that encourage market growth, triggering an increase in demand for a variety of cheeses. Furthermore, mozzarella cheese is one of the most popular segments in the state. Wisconsin has also established itself as a producer of different types of American cheeses, a factor that plays a major role in elevating Wisconsin's position in the U.S cheese market.
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Key Players
The leading companies competing in the U.S. cheese market are the Kraft Heinz Co., Associated Milk Producers Inc., Land O'Lakes, Incorporated, Dairiconcepts L.P, Leprino Foods Company, Dairy Farmers of America, Foremost Farms USA Cooperative,
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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The global edible oils and fats market is expected to grow at a 4.56% CAGR in terms of volume over the forecast period from 2018 to 2023, according to a new market research report from Market Research Future (MRFR). The global edible oils and fats market is expected to reach a volume of 298,522 kilotons by 2023. The report presents a thorough overview of the historical growth trajectory of the global edible oils and fats market, including a review of the major drivers and restraints affecting the growth of the market and likely to have a lasting impact on the market over the forecast period.
The global Edible Oils and Fats Industry has been driven by the growing demand for edible oils and fats in culinary applications across the world. Edible oils and fats add to the flavor of the food being cooked and also contain vital nutrients that add to the nutritive content of the food. Edible oils and fats are especially high in vitamin E and amino acids, which are a vital group of micronutrients that many individuals in the modern world are lacking due to unwise dietary choices. Due to these reasons, edible oils and fats have taken on a crucial role in culinary preparations around the world. The rising food and beverage industry in emerging regions is likely to remain a major driver for the global edible oils and fats market over the forecast period.
The global edible oils and fats market is also likely to be driven by the growing demand for oils and fats in industrial end uses such as the production of biofuels. The growing demand for an effective production process of biofuels is likely to drive research in the sector over the coming years, driving the demand from the edible oils and fats market. Emerging as well as developed countries are likely to step up their efforts in terms of producing biofuels over the coming years, leading to strong growth prospects for the edible oils and fats market.
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Segmentation:
The global edible oils and fats market is segmented by type, processing, source, fatty acid content, application, and region.
By type, the global edible oils and fats market is segmented into corn oil, palm oil, coconut oil, sesame oil, peanut oil, olive oil, soybean oil, cottonseed oil, safflower oil, butter, lard, tallow, margarine, and others. The palm oil and soybean oil segments collectively accounted for more than 48% of the global edible oils and fats market in 2017 and are likely to retain major shares in the market over the forecast period due to the widespread popularity of palm and soybean oil.
By processing, the edible oils and fats market is segmented into expeller/cold pressing, rendering, hydrogenation, refining/naturalization, degumming, and others.
By source, the global edible oils and fats market is divided into plant, animal, and others. Plant sources hold more than 80% of the global edible oils and fats market and are likely to remain dominant over the forecast period due to the widespread popularity of plant-based edible oils and fats.
By fatty acid content, the global edible oils and fats market is segmented into saturated, monounsaturated, and polyunsaturated.
By application, the edible oils and fats market is segmented into table consumption, savory snacks, bakery and confectionery products, ready to eat foods, animal feed, biodiesel, and others.
Regional Analysis:
The global edible oils and fats market is dominated by Asia Pacific, which accounts for a dominant 54.07% share in the market and is likely to remain the leading revenue generator over the forecast period due to the abundant presence of source animals as well as plants in the region. Europe is also likely to exhibit rapid growth in the global edible oils and fats market due to the growing technological innovation in the industry and the growing demand for plant as well as animal fats and oils.
Competitive Analysis:
Leading players in the global edible oils and fats market include Archer Daniels Midland Company, Wilmar International Ltd., Adani Wilmar Ltd., Ajinomoto Co. Inc., Cargill Inc., Bunge Limited, and Associated British Foods plc.
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Industry Updates:
In February 2019, Gemini Edibles & Fats India Pvt. Ltd. announced plans to open a new manufacturing plant in the Gopalpur SEZ (Special Economic Zone) in Odisha, India. The new plant will have a capacity of close to 400,000 tons per annum upon completion.
Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Pradeep Zende
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Ready to drink are generally packaged beverages, which are ready for consumption and are sold in prepared form. Unlike other beverage powders, mixes, and brew-it-yourself coffee or tea products, ready to drink beverages can be consumed immediately upon purchase. Vegetable smoothies, canned or bottled ice tea, energy drinks, yogurt drinks, and others are ready to drink products. The global Ready To Drink Industry, as per a report by Market Research Future (MRFR) is touted to register a healthy CAGR during the forecast period (2017-2023).
The surging awareness and growing interest to lead a healthy lifestyle among the global population are considered one of the key factors contributing to the market growth. The demand for healthy ready to drink products have increased due to the changing lifestyle and surging demand for convenience food and beverages. Several weight loss diet trends and health awareness are likely to encourage the adoption and sales of herbal and fruit tea in the foreseeable future.
Health deterioration, owing to insufficient exercise and busy lifestyle and the rising prevalence of obese population are some of the major factors behind the rising number of individuals adopting a healthy lifestyle. Ready to drink coffee is considered an excellent source of instant energy is becoming prominent, especially among the young population. Also, increasing health awareness has influenced the youngsters to involve into gymming, sports, and other physical activities, which has further encouraged the adoption of ready to drink items globally.
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Global Ready to Drink Market: Segmental Analysis
The ready to drink market has been segmented on the basis of type, packaging, and distribution channel.
Based on the type, the market is segmented into sports drinks & energy drinks, probiotic drinks, tea & coffee, fruit & vegetable juices, dairy & non- dairy beverages, and others. Of these, the fruit & vegetable juices segment is predicted to dominate the market globally. The surging awareness regarding health has resulted in the growth of probiotic drinks.
By packaging, the market is segmented into tetra pack, bottle, tin can, sachet, and others. Of these, the bottle segment is expected to dominate the market. However, the tetra pack segment will garner the highest CAGR owing to the rising awareness regarding several health benefits as tetra pack is hygienic.
The distribution channel comprises store-based and non-store based. Of these, the store-based distribution channel will gain prominence due to the one-stop shopping experience.
Regional Frontiers
Geographically, the ready to drink market has been segmented on the basis of Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Considering the global scenario, Europe is considered to command the largest share in the global market. European people are always considered health-conscious. The fast life in the region has influenced the adoption of ready to drink and food items. The biggest markets in Europe are Germany, France, Spain, Italy, and the U.K.
The Asia Pacific will show considerable growth in the foreseeable future due to the changing consumption pattern, ongoing weight loss diet trend, increasing pubbing culture, and rising disposable income. The growth in the working-class population, coupled with the rising demand for on-the-go products in India and China will contribute to the market growth in the coming years.
The market growth in North America is mainly driven by economies like Canada and the U.S. due to the surging demand for ready to drink coffee and tea. Surging health awareness among the population is one of the major concerns for the market growth. Moreover, manufacturers involved in this market are constantly introducing new flavors in order to capture a greater market share. This is estimated to influence the regional market growth in the coming years.
Industry Updates
September 2019: Kraft Heinz will partner with BAILEYS to launch non-alcoholic BAILEYS Ready-to-drink Cold Brew in cans. Also, BAILEYS K-Cup pods and Roast & Ground Coffee bags will be available for consumers.
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Competitive Dashboard
The top players operating in the ready to drink market include Fuze Beverage (U.S.), PepsiCo (U.S.), Nestlé (Switzerland), Coca-Cola (U.S.), Kraft Foods (U.S.), Nestlé (Switzerland), Campbell Soup Company (U.S.), Kraft Foods (U.S.), Red Bull GmbH (Austria), and Ocean Spray (U.S.).
Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Pradeep Zende
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The frozen meat market is projected to grow at a 4.36% CAGR between 2017-2023, reveals the new Market Research Future (MRFR) report. Frozen meat, simply put, are processed meat substitutes that are processed as well as stored at a lower temperature to stop the growth of micro-organisms. It is the best process for overcoming the issue of seasonality that provides longer shelf life as well as food safety. Frozen meats are sprayed using preservatives, which prevents food spoilage. Owing to rapid freezing, the freshness, taste, and texture of the meat are maintained. Frozen meat products aids in reducing food wastage and, above all, easy to cook.
Numerous factors are adding to the Frozen Meat Industry share. Such factors, according to the recent MRFR report, include changing lifestyles in developing and developed economies, rising per capita income, growing demand for frozen food products, growing need of ready to eat food, the convenience trend, increase in the female working population, increase in nuclear families and increasing migration of people to metropolitan cities from rural areas. Moreover, increasing online food delivery services and increasing penetration of e-commerce is also adding market growth.
On the contrary, high equipment costs, presence of preservatives, inadequate distribution facility, especially in rural and semi-urban areas, and scarcity of proper refrigeration facility especially in retail stores, are factors that may hamper the global frozen meat market growth over the forecast period.
Market Segmentation
The MRFR report provides an inclusive segmental analysis of the global frozen meat market based on end users, distribution channels, and product types.
By product type, the global frozen meat market is segmented into the frozen whole cut and frozen processed cut. Of these, frozen processed meat is predicted to lead the market over the forecast period.
By distribution channel, the global frozen meat market is segmented into non-store based and store-based. Of these, store-based will dominate the market over the forecast period.
By end user, the global frozen meat market is segmented into service and retail customers. Of these, service will have a major share in the market over the forecast period.
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Regional Analysis
By region, the global frozen meat market covers the growth opportunities and recent trends across Europe, North America, the Middle East & Africa (MEA), Latin America, and the Asia Pacific (APAC). Of these, Europe is likely to have the lions share in the market over the forecast period. Factors adding to the growth of the frozen meat market in the region include increasing middle-class population, rising urbanization, and robust economic growth. Besides, changing lifestyles and rising consumption of frozen meat are also adding market growth. Germany is a major contributor in the region.
The global frozen meat market in North America is predicted to have healthy growth over the forecast period for rising disposable income and high consumption of frozen foods.
The global frozen meat market in the APAC region is predicted to grow at a quick pace on account of the rising adoption of frozen food products. It is likely to grow at a 4.87% CAGR by 2023.
The global frozen meat market in Latin America & the MEA is predicted to have moderate growth over the forecast period.
Key Players
Eminent players profiled in the global frozen meat market report include Cargill Incorporated (the U.S.), Tyson Foods, Inc. (the U.S.), Pilgrim’s Pride Corporation (the U.S.), Associated British Foods Plc. (the U.K.), BRF S.A. (Brazil), Kerry Group Plc. (Ireland), and Marfrig Group. (Brazil). Industry players have adopted several strategies such as mergers, acquisitions, strategic alliances, extensive research and development activities, and new product development to stay ahead in the competition.
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Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Be the first person to like this.