The global vermouth market size is expected to reach USD 15.7 billion by 2027, expanding at a CAGR of 7.6%, according to a new report by Grand View Research, Inc. Increasing demand for low alcohol content drinks among millennials and adults in pubs and restaurants is expected to be a key factor for the growth of the market. Moreover, growing popularity of fortified and aromatized wines among millennials on a global level is expected to remain one of the key driving factors for the market over the forecast period.

Over the past few years, the enthusiasm of fortified wines with low alcohol content has grown significantly across the globe. People around the world prefer vermouth in order to taste more flavored alcoholic drinks. Wine can be aromatized with cardamom, cloves, cinnamon, and many more spices, whereas it is fortified with various spices, herbs, roots, flowers, barks, and seeds. This drink is replacing various conventional drinks such as gin in many parts of the world including Spain.

Europe was the largest market and accounted for market share of more than 50.0% in 2019 as a result of the high concentration of consumers in countries including Spain, Italy, and France. Sweet as well as dry vermouth were first introduced in Italy which played a significant role in the large consumption of the wine in the region. Moreover, major players in the market are launching new products in order to increase the booze tourism in the region.

The vermouth market is slightly consolidated in nature owing to the presence of strong players with large customer base across the globe. Moreover, the market is full of new product launches owing to significant rise in the popularity of vermouth. For instance, in July 2019, El Bandarra, a brand known for craft vermouth launched a new product under the brand name ‘El Bandarra Vermut Rosé’ in Barcelona, Spain. This product contains 30.0% less sugar and 15.0% Alcohol by Volume (ABV).

Click the link below:
https://www.grandviewresearch.com/industry-analysis/vermouth-market

Further key findings from the report suggest:

• Sweet was the largest product segment with a market share of more than 55.0% in 2019 and expected to maintain its dominance over the forecast period
• Dry is expected to be the fastest growing product segment with a CAGR of 7.8% from 2020 to 2027 owing to increasing demand for the dry and extra-dry vermouth majorly is North America, having low sugar syrup content
• The on-trade distribution is anticipated to be the fastest growing segment with a CAGR of 7.8% from 2020 to 2027 owing to high sale of product through pubs, bars, nightclubs, hotels, restaurants, and Cafés (HoReCa)
• Europe was the largest market for vermouth and accounted for a market share of more than 50.0% in 2018 owing to substantial consumption across the region majorly in Spain, Italy, and France
• Key players include Martini and Rossi, William Grant and Sons Limited, Branca International S.p.A., Bacardi Limited, Atsby Vermouth, Ransom Spirits, E.and J. Gallo Winery, Anchor Brewers and Distillers, Davide Campari-Milano S.p.A., and Contratto.

The global camel milk products market size is expected to reach USD 18.3 billion by 2027, expanding at a CAGR of 6.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing awareness about the health benefits of camel milk products is driving the market growth. They help in preventing numerous diseases such as diabetes, autism, shingles, and cancer. Additionally, it is easy to digest, thus making these products popular among lactose-intolerant consumers. Furthermore, camel milk is the most nutritive dairy drink, which comprises copper, sodium, iron, potassium, magnesium, vitamin A and C, and manganese.

The plain milk segment led the market in 2019 with more than 40% of the total revenue share. This is a traditional drink of the Middle Eastern countries, where a large part of the population consumes raw or plain milk. However, manufacturers are introducing innovative products including powder, cheese, yogurt, butter, ice creams, chocolates, and infant formula considering the growing demand.

For instance, in June 2019, Summer Land Camels launched the first camel cheddar cheese in the world. It took one-year researching and refining as the milk is difficult to curdle owing to its less fat content. Similarly, in February 2019, Camelicious announced to launch a new line of ice creams in U.K. The product range will include five flavors: vanilla, strawberry, chocolate, pistachio, and hazelnut.

North America is expected to witness the fastest growth rate over the forecast period. Camel dairy is gaining popularity among consumers in U.S. and Canada. Furthermore, increasing number of diabetic and lactose-intolerant people has widened the opportunity for the manufacturers of the industry in the region.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/camel-milk-products-market

Further key findings from the report suggest:

• In terms of distribution channel, offline sales led the camel milk products market, contributing for more than 80% of the global revenue
• North America is expected expand at the fastest CAGR of 7.6% from 2020 to 2027, owing to growing market demand for low-fat and nutritional drinks
• Middle East and Africa dominated the market in 2019, accounting for more than 60% share of the global revenue owing to high consumption of raw milk in the nations including Saudi Arabia, Somalia, and Ethiopia
• The fermented product segment is expected register a CAGR of 9.5% from 2020 to 2027
• Major players in the camel milk products market include Camelicious; Desert Farms, Inc.; The Camel Milk Co.; Summer Land Camels; VITAL CAMEL MILK LTD; Camel Dairy Farm Smits; Al Ain Farms; Tiviski pvt Ltd.; UK Camel Milk Ltd.; and Aadvik Foods

The global cooking wine market size is expected to reach USD 427.2 million by 2027, expanding at a CAGR of 3.7% over the forecast period, according to a new report by Grand View Research, Inc. Ability of the cooking wine to enhance the taste and flavor of the food is the primary reason behind its increasing adoption. Its multipurpose application in quick sautés or hours long braises, sauce-making or baking gives all kinds of cooks a space to try its application in their dishes uniquely.

The use of cooking wines is also increasing for the preparation of soups and stews. It is considered that red wine works in synergy with soups having meat and root-vegetable concoctions, such as beef stews and cream soups. Red wine is also suitable for slow cooking stews. Likewise, seafood soups go along with dessert forms, including Madeira, Marsala or sherry. White variants are often used for poaching eggs and cooking pastas. Various restaurants are often seen cooking spaghetti and risotto with red variants owing to their color as well as deeper flavors.

Cooking wines are also popularly used for cooking pan sauces. Madeira, a dessert wine, is used to make sauce for dishes based on bird meat. Crisp white wine is used to prepare sauce for dishes with pork, chicken, and seafood. Red variants are used to make sauce for dishes with steaks and mushrooms. These are also widely used to prepare spaghetti sauce.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/cooking-wine-market

Further key findings from the study suggest:

• On the basis of product, the white form is likely to reach USD 147.1 million by 2027, attributed to the multipurpose use of these products in a variety of recipes
• The red product segment is expected to expand at the fastest CAGR of 4.1% from 2020 to 2027. Growing importance of this variant due to its health benefits, such as improvement of cardiovascular health and gut microbiome, is expected to remain a favorable factor for the segment growth
• Based on application, the B2B segment is expected to account for more than 68% share of the global revenue by 2027. This is attributed to increasing preference for gourmet food among the millennials in fine dine restaurants
• Asia Pacific is likely to exhibit a CAGR of 4.1% over the forecast period owing to growing popularity of these alcoholic ingredients in Korean and Japanese cuisines
• Some of the prominent companies present in the cooking wine market are AAK AB; Batory Foods; De Vinco Company; ECOVINAL; Elegre; Iberica Export; LinChen Inc.; Marina Foods, Inc.; Stratas Foods; The Kroger Co.; and Mizkan America, Inc. 

The global jerky snacks market size is expected to reach USD 6.5 billion by 2027, expanding at a CAGR of 6.7%, according to a new report by Grand View Research, Inc. The shifting trend from carbohydrate-enriched to protein-based snacks is driving the growth of the market. Jerky snacks offer high nutritional value including proteins and minerals. Such snacks become an ideal meal supplement for campers and hikers owing to light weight and long-lasting features.

The beef segment dominated the market and contributed more than 50.0% of the revenue share in 2019. Traditionally, beef is a favorite kind of red meat among U.S. consumers owing to affordability and flavor. However, the pork and poultry product segments are expected to witness a steady growth in the upcoming years. Several health-conscious consumers prefer chicken products over beef. This will create an opportunity for the manufacturers to expand their consumer base.

North America led the jerky snacks market in 2019, with more than 45.0% of the global revenue share. A large part of the U.S. population consumes jerky snacks on a regular basis, thereby driving the market in the region. However, Europe is expected to witness fastest growth rate in the near future due to the growing demand for healthy and protein enriched snacks among the consumers.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/jerky-snacks-market

Further key findings from the report suggest:

• In terms of distribution channel, the offline segment dominated the market and accounted for over 75.0% of the revenue share in 2019. A choice of physical verification among consumers is expected to keep the dominance of offline channels including supermarkets and convenience stores
• Europe is expected witness fastest CAGR of 9.8% from 2020 to 2027 owing to the growing demand for healthy and nutritional snacks in countries such as Germany, U.K., and Italy
• The poultry product segment is expected to foresee fastest CAGR of 7.2% from 2020 to 2027. Consumers are expected to prefer poultry or chicken jerky snacks as they take less time to marinate as compared to other red meat options
• North America dominated the jerky snacks market in 2019, accounting for more than 45.0% share of the global revenue in 2019 as large number of population consumes such products as daily snacking options in U.S.
• Major manufacturers include JACK LINK’S, LLC.; Old Trapper Beef Jerky; Oberto Snacks Inc.; Chef’s Cut Real Jerky; Frito-Lay North America, Inc.; and Conagra Brands, Inc. New product development is expected to remain a critical success factor for the industry participants.

The global magnesium alloys market size is expected to reach USD 6.62 billion by 2027 registering a CAGR of 9.9%, according to a new report by Grand View Research, Inc. Increasing magnesium content per vehicle is projected to drive the demand of magnesium alloys products over the next forecast period.

Auto manufacturers are now shifting to lightweight materials, such as magnesium, aluminum, and composite materials, to reduce the emissions from vehicles. Rising preference for fuel-efficient vehicles is projected to boost the usage of such lightweight materials, thereby augmenting the product demand.

In terms of mass, magnesium is the lightest metallic material used in the die casting process. Magnesium alloys have 30% lesser density than aluminum, which boosts their usage in vehicles and aerospace applications. Also, as compared to aluminum and steel, these components can save nearly 25 to 40% and 55% of weights respectively.

Aerospace & defense sector is projected to provide numerous growth opportunities for the market as the product is widely used in airplane structures. China is a key producer of magnesium and accounted for more than 80% of the production in 2018, as per data published by the United States of Geological Survey. However, recent outbreak of coronavirus disease (COVID-19) is projected to hinder market growth in the country.

Numerous companies and research institutes are investing in R&D for the development of advanced products. This is likely to have a positive impact on the market growth. For instance, in July 2019, Monash University found a technique that can be useful in producing lightweight and stronger alloys for automotive and aircraft applications.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/magnesium-alloys-market

Further key Findings from the Study Suggest:

• The automotive & transportation was the largest application segment in 2019 and is likely to expand further at the fastest CAGR during the forecast period
• The growth of the segment is attributed to incessant production of vehicles and increasing magnesium content per vehicle
• Asia Pacific held the highest volume share in 2019 and is projected to maintain its position during the forecast period
• Rapid expansion of the automotive sector and increasing demand for electric vehicles (EVs) are anticipated to remain key drivers for the regional market
• Key vendors in the global market are Magontec Ltd.; Magnesium Elektron Ltd.; Ka Shui International Holdings Ltd.

The U.S. contract glazing market size is anticipated to reach USD 11.5 billion by 2027, registering a CAGR of 4.7% during the forecast period, according to a new report by Grand View Research, Inc. The growth in the commercial sector along with the increasing road accidents is anticipated to fuel the demand for contract glazing in the U.S.

Construction industry is the largest end user for contract glazing where the applications are spread across a wide range including both exterior and interior of the buildings. Exterior systems include curtain walls, storefronts, structural glass systems, sunshades, and panels, whereas the interior systems include doors and windows, mirrors, shower partitions, tabletops, bathtubs, and staircase railings.

According to the American Architectural Manufacturers Association (AAMA), storefront is the leading product over commercial windows and curtain walls for new construction and total non-residential buildings. With the increasing small-scale and large-scale buildings along with changing residential installation standards, glaziers are focusing on manufacturing storefronts and curtain wall systems that meet various requirements of regulatory bodies and consumers.

In the automotive aftermarket, flat glasses are widely used to repair and replace windshields, backlights, and mirrors. The Motor & Equipment Manufacturers Association (MEMA), a trade association for motor vehicle and mobility suppliers and parts manufacturers and remanufacturers in U.S., maintained and repaired more than 256 million vehicles, by April 2019. Thus, increasing construction activities, coupled with growing automotive aftermarket services, is anticipated to boost the demand for flat glasses in the country in near future.

Strategic partnerships and new product developments are popular strategies adopted by a majority of the players operating in the market for contract glazing. Key players including Benson Industries, Inc., Enclos Corp., and Harmon, Inc. are among the few vertically integrated from designing and engineering to fabrication and installation of curtain wall facade systems.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-contract-glazing-market

Further key findings from the report suggest:

• Insulated segment is expected to register the fastest CAGR of 4.9%, in terms of revenue, during the forecast period owing to increasing construction of hotels and office buildings in U.S.
• Automotive accounted for a volume share of over 4% in 2019 considering the growing number of road accidents in U.S. leading to replacement of vehicle parts such as windshields and windows
• Southeast U.S. held the largest volume share of over 25% in 2019, on account of the growth in the construction activities followed by high number of accidents in Florida, Kentucky, Alabama, and South Carolina
• Tempered accounted for a volume share of 24.1% of the flat glass segment in 2019, considering its safety characteristics leading to its applications in the interior and exterior of buildings along with automotive aftermarket
• The market is fragmented in nature with the presence of various key players such as Parmasteelisa North America; Enclos Corp; Benson Industries; Harmon Inc.; Gamma North America; and Binswanger Glass. Increasing customer base by opening new locations across the country is one of the strategic initiatives adopted by the key players

The North America healthcare flexible packaging market size is projected to be valued at USD 12.4 billion by 2027, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.4% during the forecast period. The presence of advanced healthcare systems, large consumption of high-value drugs, and high health awareness are few factors attributed to the growth. In addition, development of various technologies in blister packs such as child resistant blister packs are also expected to favor the market growth.

Healthcare flexible packaging is a low cost convenient packaging with additional advantages including lightweight, collapsible nature, transparency; and ease of handling. North America being one of the key markets for pharmaceuticals is expected to offer promising growth for the regional market over the forecast period.

Based on material, plastic was the most widely employed material in North America healthcare flexible packaging market in 2019. It serves multiple purposes such as protecting products/devices from moisture and sunlight, providing tamper evidence, and extending the shelf life/expiry dates of products. Variety of plastic grades including PE, PET, PVC, and PE are utilized in healthcare flexible packaging.

Pouches and bags accounted for the largest share among product segment by value, in 2019 and is also expected to grow at the significant CAGR from 2020 to 2027. Pouches and bags product segment is further sub-segmented into flat and standup pouches. Flat pouches and bags are widely utilized for the packaging of medical equipment and devices whereas stand-up pouches are popular for the packaging of pharmaceuticals.

Pharmaceutical end use that packaging of products such as drugs, blood samples, IV fluids and urine samples. Pharmaceutical was the dominant end-use segment in 2019 owing to the high demand for products such as peel of seals/lids and closures for drugs, pouches for drug delivery systems, and strip packs.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/north-america-healthcare-flexible-packaging-market

Further key findings from the study suggest:

• Plastic emerged as the largest material segment in 2019. In addition, among various plastic, PVC was most preferred plastic types
• Pouches and bags are the most preferred product type in the North America healthcare flexible packaging market. Flat pouches and bags growth is expected to be sustained throughout the forecast period owing to the rising adoption of four-side-seal packaging formats with greater convenience of serving (pharmaceuticals) and improved barrier structures
• The U.S market is anticipated to reach USD 10.9 billion by 2027. Rising healthcare expenditures with high rate of non-communicable diseases, has further augmented the demand for pharmaceuticals, which is in turn likely to propel the demand for healthcare flexible packaging over the coming years
• The market is fragmented with the presence of numerous participants. Key players include Amcor plc; CCL Industries; Mondi; CONSTANTIA; Glenroy, Inc.; Covertech Flexible Packaging Inc.; Flexible Pack; GS Medical Packaging Inc.; OLIVER; and Flex-Pack

The global normal & specialty fats market size is anticipated to reach USD 51.4 billion by 2027, registering a CAGR of 7.4% during the forecast period, according to a new report by Grand View Research, Inc. Consumption of various bakery products such as bread, rolls, cookies, pies, pastries, and muffins is expected to play an important role in rising demand for fats in various bakery formulations. Dairy foods are expected to register steady rise in demand. Rapid urbanization and improving consumer lifestyle have led to increased consumption of dairy products such as cheese, ice creams, yogurt, and dips among others. This is expected to fuel the demand for fats in dairy products.

Normal and specialty fats are mainly extracted from vegetable oils such as palm, soybean, rapeseed, and sunflower oils. Among these, palm oil is prominently used for fat production. Indonesia and Malaysia are the major palm oil producers and accounted for nearly 80% of the global palm oil production, followed by Brazil. Willmar International, a key player which uses palm oil for specialty fats production, mainly sources its oil from Indonesia. ADM, a prominent manufacturer in the market sources its palm oil from Brazil and has undertaken a palm plantation program, which includes 267 family farmers with whom the company has entered into a sourcing contract for palm and palm kernels seed for oil production.

The normal & specialty fats market is fragmented with presence of long term and well-established industry players such as Cargill, Incorporated, Intercontinental Specialty Fats Sdn. Bhd., and Musim Mas Holdings Pte. Ltd. The global players face intense competition from each other and regional players who have strong distribution networks and good knowledge about suppliers and regulations. Integration in operations results in consistent raw material supply and low production costs. Thus, these companies have a cost advantage over other non-integrated manufacturers.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/normal-specialty-fats-market

Further key findings from the report suggest:

• In 2019, cocoa butter equivalent was estimated to be the fastest growing type segment due to rising demand for the product type in chocolate sector, owing to its unique property of completely melting at mouth temperature while remaining brittle, moldable, and hard at room temperature
• In 2019, Confectionery is expected to be the fastest growing application segment owing to use of fats with improved rheological characteristics including viscosity that facilitates effectual production of several confectionery products
• In 2019, B2B is expected to be the fastest growing distribution channel segment as key bakery manufacturers that are engaged in developing unique products in line with fat producers. The fat producers are entering into long term supply contracts with prominent end users (bakery, confectionary and other manufacturers) and are also providing tailored solutions as per specific demand
• In 2019, industrial is expected to be the fastest growing end-use segment owing to its growing usage in other than food sector especially in petrochemical sector to carry active elements including phosphorus, sulfur, and chlorine, with a purpose to provide resistance to oxidation, prevent wear during use, and inhibit corrosiveness

The global frozen bakery market size is expected to reach USD 10.50 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 4.8% during the forecast period. Increasing demand for processed food owing to the fast-paced lifestyle is the major driving factor for the growth. Availability of foods with longer perishability and easy storage is also expected to drive the product demand in near future.

Expansion of distribution channels such as supermarkets and hypermarkets, convenience stores, and online grocery and bakery chains are some of the other driving factors for the market. For instance, in Mexico, these distribution channels contributed to more than 60% retail sales for bakery products in 2017. Convenience stores and supermarkets and hypermarket retailers are the commonly preferred sales medium in Mexico. This scenario is also expected to boost the market growth over the next few years.

Among various product types, frozen bread accounted for the largest market share of about 29.11% in 2018 and is expected to expand at a CAGR of 4.5% during the forecast period. Despite the dip in the sales of bread, frozen bread market in the U.S. witnessed a significant demand over the past few years. Increasing international population seeking healthy bakery products is expected to support the market growth.

Europe held the largest market share of about 34.5% in 2018. The major countries contributing to the growth include Germany, U.K., and France. Germany held the largest share of the frozen bakery market in 2018 and is expected to continue its dominance in Europe during the forecast period. Increasing trade activities of frozen pizza products is expected to contribute to the growth. North America was estimated to hold the second largest revenue share, primarily driven by the significant demand for processed food products as a result of busy lifestyles.

Some of the key players operating in the global market include, Kellogg Company; Cargill Corporation; Conagra Brands Inc.; Custom Foods, Inc.; Vandemoortele N.V.; Bridgford Foods Corporation; Associated British Foods plc; General Mills, Inc.; Europastry; Cole’s Quality Foods Inc.; and Flowers Foods; among others. 

Click the link below:
https://www.grandviewresearch.com/industry-analysis/frozen-bakery-market

Further key findings from the study suggest:

• Frozen bread was estimated to account for the highest revenue share of about 32.5% in 2018
• Frozen cakes and pastries and pizza are expected to witness significant CAGR of 5.1% and 6.0% respectively, during the forecast period
• Supermarkets and hypermarkets accounted for a revenue share of more than 55% in 2018, thereby having a value worth USD 4.39 billion in 2018
• Online distribution channel of frozen bakery market is expected to register the fastest CAGR of 6.2% from 2019 to 2025
• Asia Pacific is expected to expand at a CAGR of 5.6% from 2018 to 2025, owing to developing economies, significant influence of western culture in terms of living standards and food patterns, and rising disposable income

The global savory snacks market size is expected to reach USD 218.44 billion by 2025, according to a new report by Grand View Research, Inc. The rising health awareness coupled with growing consumption of healthy snacks is expected to drive demand for the product.

Savory snacks are majorly categorized as snacks that are not sweet in taste. The market growth of these products is driven by health considerations and consumer taste. The presence of numerous flavors coupled with rising R&D investment by major industry players in order to introduce new products is further expected to propel growth over the coming years.

The major products in the market are potato chips, nuts & seeds, extruded snacks, and popcorn. The growing consumption of convenience food is expected to fuel the demand for the product. The changing retail landscape and the rise of e-commerce are expected to have a positive impact on the growth over the next nine years.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/savory-snacks-market

Further key findings from the report suggest:

• Nuts & Seeds are expected to be the fastest growing segment with a CAGR of 9.4% from 2016 to 2025 on account of rising demand from Japan and Brazil
• Convenience stores are expected to be the highly preferred distribution channel in 2025 with a share of over 33% on account of easy availability of the products
• The roasted/toasted flavored savory snacks are the largest flavor segment in the market growing at a CAGR of over 8.0% from 2016 to 2025. The familiarity of taste and availability of a large number of products in this flavor are expected to drive the demand.
• Asia Pacific is the fastest growing regional segment with market share of over 30% in 2015. The growing demand from developing countries such as India, Indonesia, and Thailand is expected to propel the demand over the next nine years.
• The industry participants are constantly engaged in improving their operations and introduction of new flavors to gain market share. The industry is characterized by high marketing costs and rising investments in order to improve the supply chain of the company.