Fish Based Pet Food Market To Depict Appreciable Growth Prospects By 2032

 

The global fish based pet food market is set to witness growth at a CAGR of 4.9% and top a valuation of US$ 16,213.2 Mn by 2032. Growing demand for new snacks, foods, and dining experiences for their pets, along with long-term health benefits from food products is boosting the fish based pet food market.

Pet owners have become increasingly aware about the health requirements of their pets. They are also willing to spend on food with wholesome nutrients. Besides this, growing focus on ascertaining long-term health of pets will drive the sales of fish based pet food.

Furthermore, manufacturers are introducing pet food that addresses common health concerns in pets such as bad breath, skin issues, sensitive stomachs, allergies, kidney disease, and others. This led the fish based pet food industry to change from simple products that target adult pet maintenance to an improved high energy, nutritious, and specially fortified product focus.

In line with giving pets a custom and raw meal, key manufacturers of fish based pet food products are launching different innovative and all-rounder solutions like supplements, which are available for mixing with raw materials or to be taken additionally by pets in order to meet the nutritional needs and fulfilling the diet.

 Key Takeaways from Market Study

• The fish based pet food market is worth of US$ 10,058.1 Mn sales in 2022.
• The fish based pet food market is poised to expand at CAGR of 6.6% and 6.9% in East Asia and South Asia, respectively, through 2032.
• Market share of fish based pet food in North America and Europe are 34.3% and 25.3%, respectively, in 2022.
• The Oceania fish based pet food market is exhibiting growth at 8.4% CAGR over the forecast period.
• In terms of nature, organic fish based pet food segment is projected to expand at 6.2% CAGR through the forecast period.
• Based on products, dry type is expected to account for market share worth 38.9% in 2022.

“Fish based pet food manufacturers are introducing new tastes and innovative packaging while bringing in new products with different formulations that offer functional health benefits to pets. This is expected to create lucrative opportunities for the key players,” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers in fish based pet food market are primarily focusing on research and development to expand their product portfolio and enhance the quality of pet food. They are also emphasizing on expanding their regional footprint to gain competitive edge in the fish based pet food industry.

For instance,

• Purina® Pro Plan offers several excellent choices for fish dog foods with SAVOR®, a rice and shredded blend salmon formula, which contains huge amount of antioxidants and high quality and real salmon fish as the first ingredient to provide a healthy immune system to pets.
• The company also provides feed grain free product, ‘NATURAL Plus Essential Vitamins and Minerals Grain Free Tuna & Egg Formula’, in which tuna is the first ingredient, and this formula is made without wheat, corn, or soy, which is a poultry by-product meal without any added artificial flavors, colors, or preservatives.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global fish based pet food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Nature:

• Organic
• Conventional

By Product Type:

• Dry
• Wet
• Treats & Chews
• Others

By Pet Type:

• Cat
• Dog
• Birds
• Others

By Packaging:

• Pouches
• Bags
• Folding Cartoons
• Tubs & Cups
• Can
• Bottles & Jars

By Distribution Channel:

• Store-based retailing
• Online Retailers

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

Access Full Report: https://www.futuremarketinsights.com/reports/fish-based-pet-food-market

 

Canned Soup Market Analysis, Key Players, Industry Segments and Forecast To 2032

 

According to Future Market Insights, sales of canned soup are estimated to reach a value of US$ 5.3 Bn by 2032, surging at a 6.6% CAGR during the forecast period (2022-2032). Canned soup is made with fresh vegetables, meat and has become increasingly popular due to its nutritional and lengthy shelf life.

Furthermore, consumers prefer canned soup products to alternative protein sources because of benefits such as balanced macro and micronutrients, as well as high protein content. As the consumption of processed foods is increasing across the globe, the demand in the market is expected to surge.

Other factors influencing the growth in the market include increase in the working population, fast-paced lifestyle, and per capita spending on processed food goods, among others. Also, growing demand for ready-to-eat food products and rising health concerns will boost the market.

Canned soups are a widely available, handy, and are convenient as ready-to-eat food product. With growing prevalence of obesity in North America, demand for boxed soups made with natural, fresh ingredients and minimal preservatives is increasing.

Key Takeaways

●        The U.S. canned soup market is expected to witness fastest growth over the forecast period due to the high presence of leading companies.

●        Europe canned soup market will surpass US$ 868 Mn, accounting for 31% of demand share in the global market

●        Based on type, the condensed soup segment will remain dominant due to increased health benefits.

●        In terms of processing, the organic condensed soup will remain highly sought-after over the forecast period.

 

“Increased demand for packaged and ready-to-eat food products will favor the sales of canned soup across the globe. With increased spending on convenient food products, key players are likely to introduce new flavors to expand their consumer base”, says a lead analyst at Future Market Insights.

Competitive landscape

Some of the players in the market are Campbell Soup Company Amy’s Kitchen Inc, General Mills Inc., The Kraft Heinz Company, Baxters Food Group, Unilever, Struik Foods Europe NV, Vanee Foods Company, BCI Foods Inc., Hain Celestial.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of canned soup presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032

Canned Soup Market By Category

By Type:

• Condensed
• Ready-to-eat

By Category:

• Vegetarian
• Non vegetarian

By Processing:

• Regular Soup
• Organic Soup

By Distribution Channels:

• Supermarkets
• Hypermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others

Access Full Report: https://www.futuremarketinsights.com/reports/canned-soup-market  

 

Processed Cashew Market to Witness a Pronounce Growth During 2032

 

The global processed cashew market is set to witness growth at a CAGR of 5.8%, surpassing US$ 8,793.0 Mn by 2032, finds Future Market Insights (FMI). Growth is driven by rising demands for superfood with nutritional properties.

Consumers are increasingly interested in diets that are both sustainable and healthy. Hence, adoption of sustainable food products such as plant-based is increasing. With growing awareness of the importance of living a healthy lifestyle, preference for a natural diet is expected to propel.

With increased competition among companies producing functional ingredients as the food and beverage industry, companies are constantly innovating to design novel products in order to maintain market leadership.

Key Takeaways from Market Study

• The processed cashew market is estimated to expand at CAGR of 5.8% over the forecast period (2022-2032)
• In terms of nature, conventional segment of processed cashew is likely to be leading form through 2022.
• Organic processed cashew segment will witness highest growth during the assessment period  
• Based on application, bakery & confectionery holds a dominant market share in this segment as processed cashews are widely used in cookies and biscuits.
• South Asia is expected to dominate the processed cashew market, with India spearheading the growth during the projection period.

“With hectic lifestyle, demand for quick, healthy, and convenient food options is surging. To capitalize on this growing demand for healthy snacks, key companies are introducing products such as nut butters, milks, roasted and coated cashews, cheeses, etc. This is likely to augment the sales in the market.”, says a Future Market Insights analyst.

Competitive Landscape.

Ø  In 2020, Milled announced the launch of organic cashew which are Vegan, Gluten-Free, Paleo, Keto.

Ø  Superior confectionery brand Chocolat Madagascar stated that they are ready to launch newest line of bars aiming the vegan sector particularly developed using fresh cashew chocolate.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an unbiased analysis of the global processed cashew market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Processed Cashew Market By Category

By Product Type:

• Cashew Flour
• Cashew Paste
• Cashew Protein Powder
• Cashew Oil
• Cashew Butter
• Coated/Flavored Cashews
• Sliced and Diced Cashews
• Others

By Nature:

• Conventional
• Organic

By End-Use Application:

• Protein Bars and Powder
• Cereals and Muesli
• Dairy Products
• Milk
• Yogurt
• Ice Creams
• Beverages
• Energy Drinks
• Shakes/Smoothies
• Coffee
• Bakery & Confectionery
• Biscuits/Cookies
• Breads/Muffins
• Cakes
• Chocolates

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle east and Africa

Access Full Report:https://www.futuremarketinsights.com/reports/processed-cashew-market

 

Almond Milk Market Projected to Witness Vigorous Expansion over Covid-19

 

The global almond milk market is set to reach US$ 5 Bn. With sales growing at a 8.8% CAGR, pushing the market size to US$ 11.9 Bn by 2032.

Increasing demand for dairy alternatives across the globe due to high prevalence of lactose-intolerance among individuals across the globe is expected to drive sales in the market over the forecast period.

Almond milk has a creamy and nutty texture, contains high amounts of calcium and vitamins and can be used in a wide variety of dishes. Rising awareness of the health benefits of almond milk is making it a preferred choice among health-conscious consumers.

The almond milk market is one of the fastest-growing non-dairy and vegan milk segments. Consumers are seeking high-quality, premium-brand, nutritious dairy products, which is compelling manufacturers to launch innovative and premium-label products. This is expected to augment demand in the market over the forecast period.

“Growing preference for organic and non-GMO food and beverages across the globe, along with increasing sales of dairy alternatives through online channels will drive the market over the forecast period,” says an FMI analyst.

Key Takeaways:

• Sales of almond milk in China are expected to grow at a CAGR of 8.8% during the forecast period.
• Demand for almond milk in the U.S. market will increase at a 7.7% CAGR over the assessment period.
• Based on end use, demand in the food & beverage sector will continue gaining traction through 2032.
• In terms of distribution channel, the online stores segment will account for a lion’s share of the almond milk market.
• In 2022, the powder sub-segment is projected to account for a dominant share in the market.

Competitive Landscape

Some of the key players operating in the almond milk market include Daiya Foods Inc., Hain Celestial Group, Whitewave Foods, Sunopta Inc., Blue Diamond Growers, Galaxy Nutritional Foods, Inc., Tofutti Brands Inc, Califia Farms LLC, Earth’s Own Food Company Inc., Hiland Dairy Foods, Malk Organics LLC, Pacific Foods of Oregon LLC, etc.

Almond Milk Market by Category

By Type:

• Plain
• Flavoured

By Category:

• Organic
• Conventional

By Packaging Type:

• Carton
• Glass
• Others

By Application:

• Beverages
• Frozen Desserts
• Personal Care
• Others

By Distribution Channel:

• Hypermarkets and Supermarkets
• Convenience Stores
• Online Stores

Access Full Report: https://www.futuremarketinsights.com/reports/almond-milk-market

 

Rice Milk Market Competitive landscape, Segmentation, Manufacturers and Forecast Till 2032

 

According to a recent report by Future Market Insights, total sales of rice milk market are estimated to reach a valuation of US$ 614.3 Mn in 2022, surging at a 6.2% CAGR over the assessment period.

Rice milk has a flavor, taste, and texture that is very similar to cow’s milk, emerging as one of the most preferred plant-based milk substitutes. Increasing demand for dairy alternatives among lactose-intolerant and nut-intolerant consumer’s individuals will drive the market in the forthcoming years.

In addition to this, increasing adoption of functional diets such as keto, vegan and gluten-free will continue boosting sales of rice milk over the forecast period.

Rice milk is an excellent substitute for those who are allergic to dairy, are vegan, or lactose intolerant. It is also a fat-free option for health-conscious consumers. Rice milk powder is also being incorporated in baked goods, snacks, confectioneries, and beverages. Backed by the aforementioned factors, sales of rice milk will remain high over the assessment period.

“Rising awareness regarding the functional benefits of rice milk, along with increasing incorporation of rice milk powder in infant food and nutraceuticals will continue augmenting the growth in the market,” says an FMI analyst.

Key Takeaways:

• Demand in the U.S. rice milk market is poised to surge at a 4.2% CAGR over the forecast period.
• Malaysia will emerge as a lucrative pocket in the South Asia rice milk market, with sales growing at a 9,8% CAGR through 2032.
• Based on form, demand for rice milk powder will continue gaining momentum.
• In terms of end use, the food & beverage segment will account for a dominant share in the global market.
• By distribution channel, sales of rice milk through online channels will remain high.

Competition Landscape

Key players operating in the global rice milk market are investing in partnerships and collaborations to improve their global presence. They are also launching clean-label and non-GMO products to gain a competitive edge in the market. For instance:

Ø Vinamilk, a popular dairy company based in Vietnam, launched a plant-based drink with rice as the main ingredient in August 2019.

Key Companies Profiled

• Stremicks Heritage FoodsTM, LLC
• Essona Organics, Inc
• Nutra Organics
• Danone
• The Hain Celestial Group, Inc
• Campbell Soup Company
• Nature’s Choice
• PANOS brands
• VitaRice Australia Products Pty Ltd
• Pureharvest Pty ltd
• freedom foods group Ltd
• OKF Corporation
• The Italian Way
• RITA FOOD and DRINK CO.,LTD
• Fine Japan Co. Ltd.
• Nutriops S.L
• BSCM Foods Co., Ltd.
• RISO SCOTTI S.p.A.
• Dinavedic
• Axiom foods inc

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of rice milk presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the rice milk is based on form (powder and liquid), source (organic and conventional), end use (food & beverages, nutraceuticals and baby food, personal care, and pharmaceuticals), and distribution channel (supermarket/hypermarket, convenience stores, food specialty stores, online retailers, and Others) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Access Full Report: https://www.futuremarketinsights.com/reports/rice-milk-market

 

Liquor Confectionery Market to Witness a Pronounce Growth During 2032

 

The global liquor confectionery market is projected to reach US$ 580 Mn in 2022, finds Future Market Insights (FMI) in a latest market analysis. With sales growing at a 5.4% CAGR, the market valuation will reach US$ 981.4 Mn by 2032.

New product launches with different flavoured chocolates, candies and gums are anticipated to positively influence the growth of the market. For instance, Abtey has introduced a new range of products that are prepared from refined alcohol and ganache centres.

The four new variants of coulis including ganache and Cointreau jelly, ganache and rum jelly, mousse and kirsch jelly, and ganache and strawberry jelly. Such developments are expected to create opportunities for growth in the market.

Further, increasing demand for premium liquor chocolates for gifting purposes and for serving as desserts at social gatherings is anticipated to drive the market in the forthcoming years.

In addition to this, due to growing preference for online retail, manufacturers are launching their products at online retail channels to gain a competitive edge. This has also resulted in high availability of liquor confectionery in various developing countries, thereby augmenting the growth in the market.

“Growing preference for premium liquor-based chocolates across the globe, along with surging demand for liquor cocktail gummies will continue steering the growth in the market over the forecast period,” says an FMI analyst.

Global Liquor Confectionery Market by Category

By Product Type:

• Candies
• Gums
• Chocolates

By Distribution Channel:

• Direct
• Indirect
• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Stores
• Independent Retailers
• Online Retailers

Key Takeaways:

• Germany is projected to dominate the Europe liquor confectionery market. Total demand in Europe will account for 30% of the global market share in 2022.
• The U.S. will hold nearly 80% of the North America liquor confectionery market over the forecast period.
• By product type, chocolate liquor confectionery is expected to account for the maximum market value share of the global market in 2022.
• In terms of distribution channels, sales in the indirect segment are forecast to remain high over the assessment period.

Competitive Landscape

Leading players operating in the liquor confectionery market are investing in mergers, acquisitions, and collaborations to expand theior grographical footprint. They are also focusing on promotional strategies to advertise their products on social media channels to improve sales. Key Companies Profiled are:

• Hershey’s
• Ferrero SpA
• Mondelez International
• Toms Gruppen
• Liqueur Fills
• Abtey Chocolate Factory
• Neuhaus
• Mars
• Brookside
• Booz Drops

Access Full Report: https://www.futuremarketinsights.com/reports/liquor-confectionery-market

Gluten-Free Soup Market to Garner US$ 4.6 Bn by 2032 at 7.3% CAGR, Says FMI

 

The global gluten-free soup market is set to witness growth at a CAGR of 7.3% and is anticipated to reach a valuation of around US$ 4.6 Bn by 2032. As per a survey conducted by the Food Marketing Institute, over 80% of the population need access to thorough and ‘easy-to-understand’ ingredient lists on their labels.

As a result, numerous food firms have pioneered the practice of providing extensive insights into its formulation, particularly when selling ‘Free-from’ products like gluten-free soups. As per the study, key companies are implementing strategies such as the Hazard Analysis and Critical Control Point System (HACCP).

These strategies are expected to ensure that no gluten contamination occurs during the production, packaging, or storage processes of food items thus boosting the gluten free soups market.

Key Takeaways from Market Study
•The global gluten-free soup market is anticipated to reach a valuation of around US$ 2.3 Bn by the end of 2022
•Based on form, solid form is anticipated to account for over 50% of the market share over the forecast period.
•North America gluten-free soup market is expected to witness growth at 6.9% CAGR during the forecast period.
•In terms of sales channel, offline sales channel is projected to account for maximum share in the coming years
•East Asia is anticipated to emerge as a prominent region for gluten-free soup market in the forecast period

“Production of packaged dried soup by manufacturers is anticipated to increase the shelf life of gluten-free soup. This will boost the demand for gluten free soup in the market,” says a Future Market Insights analyst.
Competitive Landscape

The gluten-free soup market is fairly fragmented due to the presence of multinational companies like The Campbell Soup Company, ConAgra Brands Inc, The Kraft Heinz Company, Barilla Holdings among others.

Moreover, they are updating their current portfolio as per the shifting demand of consumers for gluten-free food items along with inorganic strategies like partnerships and collaborations:

Porter & Nash, a vegan soup and gravy company, has launched sauces, soups and gravies which are gluten-free, containing kombu seaweed that are suitable for vegans

Campbell Soup Co. acquired Pacific Foods to diversify its soup portfolio specially in the gluten free food sector in order to cater the rising interest of consumers regarding their wellbeing and health

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global gluten-free soup market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on form (liquid form and solid form), category (vegetarian and non-vegetarian), packaging (canned, pouched and other packaging), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.

Read Full Report: https://www.futuremarketinsights.com/reports/gluten-free-soup-market

   

Almond Butter Market Outlook Cover New Business Strategy with Upcoming Opportunity 2022 to 2032

 

According to Future Market Insights, business to consumer (B2C) model has become more important in the food and beverage sector due to social media influence and growing preference for online purchasing. Hence, several almond butter manufacturers are turning towards B2C practices to serve customers globally.

B2C model supports an expanded customer reach in the global market at minimum costs. Penetration of online retail platforms such as Walmart, Amazon, Tesco, Costco, and others are propelling the sales of almond butter.

Consumers are extensively preferring online platforms with zero-contact purchasing. Hence, B2C has emerged as a major strategy for players in the almond butter market.

The global almond butter market is expected to reach a market valuation of US$ 643.0 Mn by the year 2021, accelerating with a CAGR of 6.7% by 2022-2032. Almond butter sales are likely to account for ~21% of the demand in the global plant-based butter market, valued at US$ 2.9 Bn in 2021.

“Availability of numerous brands of almond butter under one roof in supermarkets and hypermarkets are providing customers more options, aiding the growth in global almond butter market. Over the assessment period, the customer-centric strategy and improved shopping experience will continue to draw consumer attention and drive market statistics.” said a lead analyst at FMI.

Inflow of Massive Investment from Venture Capitalists

Vegan food products are booming in the global market, prompting a slew of capital investors to invest money into vegan food manufacturing firms. Vegan food producers are eyeing for financial back up in order to expand their operations and cater to international clientele. In the U.S, investments totaled US$ 747 million in 2019, up 11% from the previous year.

Other countries, such as the U.K., Germany, Australia, Japan, and India, are witnessing an upsurge in vegan food production investment. For instance, in 2019, Miyoko’s Creamery, a startup based in the United States, received $6 million in B series funding. Katjesgreenfood, a Katjes Group affiliate, has invested in Fora, a European vegan butter business.

Growing Flexitarian Population to Boost Demand for Almond Butter

Economists have dubbed 2019 as the vegan year, owing to the market’s rapid rise and rising vegan product consumption. Veganism, however, is only one pillar of the burgeoning business.

The market’s expansion is also due to the quick increase in the number of flexitarian consumers. Traditional dairy-based butter eaters are increasingly identifying as flexitarians, with the goal of reducing, their consumption of animal-based goods.

Hence, some of the leading companies offering almond butter are Olam International Ltd., Treehouse Almonds, Petrow Food Group, Barry Callebaut AG, Big Tree Organic Farms, Harris Woolf Almonds, Rapunzel Naturkost, All Organic Treasures GMBH, Tapia Foods, Napa Nuts, Caro Nut Company, United Food India, Royal Nut Company, and Other.Get Valuable Insights into Almond butter market 

Future Market Insights, in its new offering, provides an unbiased analysis of the Almond butter market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Almond Butter Market By Category

By Nature:

• Organic Almond Butter
• Conventional Almond Butter

By Form:

• Spreads
• Liquid
• Blocks

By End Use:

• Food and Beverage Industry
• HoReCa
• Household Retail

By Sales Channel:

• B2B
• B2C
• Modern Trade
• Convenience Stores
• Traditional Grocery Stores
• Specialty Stores
• Online Retail
• Other Retail Formats

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle east and Africa

Access Full Report: https://www.futuremarketinsights.com/reports/almond-butter-market

 

Flour Mixes Market Expected to Expand More than Three-Fold through 2032

 

According to the recent FMI report, the sales of flour mixes are expected to surpass a value of US$ 44.7 Bn in 2032, rising at a CAGR of around 7.3% during the forecast period (2022-2032).

The demand for ready-to-eat and processed foods among consumers is rapidly increasing, resulting in the widespread use of batter mixes in a variety of convenience foods. In addition, demand for low-carb and gluten-free products is pushing the batter mixes production, which is a major factor driving the growth in the market.

Furthermore, increased investments in research and development efforts for developing batter technologies are expected to boost the demand for batter mix between 2022 and 2032.

Growth is also attributed to the increased demand for seafood around the world. Flour mixes is used to coat the fish with batter mixes to mask the smell of seafood, therefore, pushing the sales of batter mixes in the food industry.

It is also used in vegetarian cuisine, especially those made with common veggies, to provide the food with more crispness, flavor, and taste. As a result, the market for batter mixes is expected to increase at a rapid pace in the future years.

Key Takeaways from the Flour Mixes Market Study:

• Rising demand for premium quality prepared flour mixes with high nutritional content in the Asia Pacific is expected to drive the market.
• In 2022, North America is projected to dominate the market, accounting for around 2% of worldwide revenue.
• In 2022, Europe and the Middle East, and Africa flour mixes market, collectively, will account for approximately 8% of the total market share.
• In terms of product type, the batter mixture segment is projected to dominate the market over the forecast period.
• Based on application, the bakery shop segment is expected to account for significant share in the market.

“Key market players are investing in research and development (R&D) in order to introduce new products and gain a competitive edge. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.  

Who is winning?

Key players operating in the global flour mixes market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering flour mixes are Nippon Flour Mills, Rikevita Food, Prima Flour, IREKS, AngelYeast, AB Mauri, Showa Sangyo, Griffith, Kerry, CSM, and others.

Get Valuable Insights into Flour Mixes Market 

FMI, in its new offering, provides an unbiased analysis of flour mixes presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

Flour Mixes Market By Category

By Product:

• Bread Mixes
• Oat Bread
• White Bread
• Dark Bread
• Multigrain Bread
• Batter Mixes
• Pastry Mixes

By Application:

• Food Processing Industry
• Household
• Bakery Shop
• Others

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Oceania
• MEA

Access Full Report:https://www.futuremarketinsights.com/reports/flour-mixes-market

Freeze Dried Fruits Market Development Status, Competition Analysis, Type and Application 2032

 

Newly released data from Freeze-Dried Fruits market analysis by Future Market Insights displays that the global consumption of freeze-dried fruits enjoyed a year-on-year (YOY) growth of 5% in 2022 to total revenue of USD 7.5 Bn and will clock an estimated revenue of USD 15 Bn in 2032, exhibiting a ~7% CAGR during the assessment period.

Freeze Dried Fruits Market Size Value in 2021	USD ~7.5 Mn
Freeze Dried Fruits Market Forecast Value in 2032	USD ~15 Mn
Global Growth Rate (2022 to 2032)	~5% CAGR
Forecast Period	2022-2032

Food products continue to remain an essential commodity since the outbreak of the pandemic. According to FMI, the food and beverages in all will register above 3% CAGR in the forecast period. With consumers’ preferences changed, the demand for cost-effective yet healthy and sustainable food solutions is surging, hence, pushing sales of freeze-dried fruits and vegetables in the near future.

Various types of freeze-dried products such as freeze-dried blackberry, freeze-dried raspberry, freeze-dried pineapple, freeze-dried strawberries, freeze-dried cranberry, and others are increasingly used in confectionery, smoothies, juices, ice creams, bakeries, and other ready to eat food products.

A key factor driving the market is the prolonged shelf-life of freeze-dried fruits without any synthetic ingredients or preservatives. The rising number of confectionaries has been fuelling the demand for dehydrated forms of food like freeze-dried fruits due to their long shelf lives and diverse array of applications in healthy diets.

Key Takeaways from the Market Report

• Increasing awareness about numerous health benefits of nutritional, natural, and low carb diet, is boosting the demand for freeze-dried fruits and vegetables.
• Conventional freeze-dried fruits are presently leading in the market in terms of nature as they are more enriched with natural flavor, color, and nutrient values.
• Among products available in the market, whole freeze-dried fruits and vegetables are highly favored over dried or granulated.
• The enhancing packaging industry along with the improving lifestyle of consumers is boosting the freeze-dried fruits industry share.
• The European region will account for the majority share in the freeze-dried fruits market and is projected to grow at a CAGR of over 7.5% over the forecast period due to the presence of major manufacturers here.
• North America is another dominant market region for freeze-dried fruits, with a market share of over 25%, and is set to exhibit a similar market share throughout the forecast period.
• B2B is a more volume-heavy sales channel than B2C in the freeze-dried fruits market. With the expansion of markets for snacks, breakfast cereals, powdered beverages, retail (household), and others, the B2B sales channel is gaining traction. It is anticipated to continue exhibiting high growth through the assessment period.

“Manufacturers of freeze-dried fruits would gain significant profits by extensive marketing and increasing their geographic reach among end-users. The ready-to-eat, convenient food and beverage industry would also serve as a major market for freeze-dried fruits,” says a Future Market Insights analyst.

Competitive Outlook

The market is fragmented and highly competitive without any major dominant players. Freeze-dried fruits manufacturers are singling on launching a wide variety of products in order to increase their consumer base and end-user industries and gain a competitive advantage.

Top freeze-dried fruits manufacturers are The Kraft Heinz Company, Mercer Foods, European Freeze Dry Ltd., Chaucer freeze-dried, Molda AG, SARAF Foods Ltd., Watershed Foods LLC, Freeze-Dry Foods, Nestle S.A., Mondelez International, The J M Smucker Company, Olam International, OFD Foods, Ajinomoto Co., Asahi Group, and Van Drunen Farms, among others. and others.

Some of them are focusing on marketing upon various health benefits of freeze-dried fruits that are highly sought-after among consumers. For instance, European Freeze Dry has launched their new complete meal solutions for special dietary meals, weight control meals, and others with an emphasis on sport nutrition, food intolerance, emergency preparedness, and others in the recent year.

Access Full Report: https://www.futuremarketinsights.com/reports/freeze-dried-fruits-market