Hot Drinks Market Size Worth $397.3 Billion By 2025

The global hot drinks market size is expected to reach USD 397.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.8% over the forecast period. Hot drinks help in reducing the prevalence of various lifestyle related diseases such as blood pressure, obesity, and stress. Increasing awareness related to the various health benefits associated with consumption of hot drinks among the young generation is expected to drive the market over the forecast period.

The vendors are launching various ready to make drinks with various flavors and aromas to attract young consumers. Increasing product availability and retail outlet is driving the market for hot drinks over the forecast period. Furthermore, manufacturers are adopting various food safety regulations such as GRAS, Kosher, HACCP, USDA Organic, and GMP to ensure delivery of quality product and to attract larger customer base.

Increasing prevalence of various lifestyle related diseases in both developing and developed countries has led to an increase in consumer interest in healthier products, thereby providing growth opportunity for hot drinks over the forecast period. It has been surveyed that hot green tea is known to be very healthy, which helps to increase the metabolism and weight loss. Furthermore, herbal tea helps in detoxification and relieving stress, which is expected to fuel demand for tea over the forecast period.

Coffee dominated the market in 2018 and is expected to maintain its lead over the forecast period. Increasing penetration of organic coffee and coffee pod is a key factor fueling the demand for coffee over the forecast period. Tea is expected to witness significant growth over the forecast period. Increasing launch of flavored and aroma tea is driving the interest of young consumer.

Asia Pacific is expected to expand at a CAGR of 7.9% over the forecast period. Increasing number of millennials, coupled with franchise outlet in the region, is a main factor driving the regional hot drinks market over the forecast period. Moreover, increasing installation of coffee wending machines at office premises will provide growth opportunity for the hot drinks over the forecast period.

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Further key findings from the report suggest:

By product, coffee dominated the global market with a revenue share of 42.7% in 2018.Tea is anticipated to ascend at a CAGR of 7.6% over the forecast period
Asia Pacific dominated the global hot drinks market in 2018 and is expected to expand at the fastest CAGR of 7.9% over the forecast period. This trend is projected to continue over the next few years
The industry is highly competitive with the leading players including Costa Coffee; Starbucks; Celestial seasoning Inc.; Caffe Nero; and Ajinomoto General Foods Inc.
Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Coffee Beans Market Size Worth $42.5 Billion By 2025

The global coffee beans market size is expected to reach USD 42.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% over the forecast period. Increasing consumption of coffee across various regions and health benefits related to the beverage are the major factors for the growth of market. Moreover, increase in the number of coffee retail shops and cafes in India and China, coupled with rise in consumption of this beverage among different age groups, especially young generation, has driven the demand for these beans.

Cup of coffee with roasted beans on table

Arabica dominated the market in 2018 and is expected to maintain its lead in the forecast period. Arabic is the mostly consumed owing to its sweet taste and high presence of lipids. Robusta beans is expected to be the fastest growing segment due to growing demand from the pharmaceutical industry owing to high caffeine content. Many manufacturers are focusing on improving their product to produce better quality of coffee.

For instance, in 2019, Lavazza launched a new cold coffee brew, which is made up of robusta bean. Furthermore, Roadchef, a motor service company, had tied up with bio-bean to use the recycle waste coffee beans into fuel, which is expected to have a positive effect on the market growth over the forecast period.

North America was the largest regional market in 2018 due to growing demand for coffee vending machines at railway stations and other places. Furthermore, increasing popularity of this beverage among the working population is anticipated to make a reasonable contribution to the market revenue. Furthermore, increase in the number of coffee shops in Canada and U.S. has led to a rise in consumption of robusta and arabica beans in recent years.

MEA is estimated to expand at the fastest CAGR of 9.9% over the forecast period owing to increasing consumption of coffee. Moreover, penetration of various pharmaceutical companies such as Novartis and Allergan is expected to fuel demand for robusta and arabica beans over the forecast period. Asia Pacific is expected to witness substantial growth over the forecast period. Increasing number of franchise outlets, coupled with rise in demand from the pharmaceutical and cosmetic industries, is driving the market in the region.

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Further key findings from the study suggest:

By product, arabica dominated the global market with an overall revenue share of 61.2% in 2018. Robusta is anticipated to ascend at a CAGR of 7.4% over the forecast period
The food and beverages application segment held the largest share of more than 70.0% in 2018 owing to increasing number of coffee retail outlets in developing countries such as India and China
North America dominated the global market in 2018, accounting for 29.2% share of the overall revenue. This trend is projected to continue over the next few years
Middle East and Africa is anticipated to be the fastest growing market with a CAGR of 9.9% during the forecast period
Key players include Death Wish Coffee; Kicking Horse Whole Beans; Caribou Coffee; La Colombe Corsica Blend; Illycaff S.p.A.; Luigi Lavazza S.P.A.; Coffee Beans International, Inc.; La Colombe Torrefaction, INC.; and Hawaiian Isles Kona Coffee Company, Ltd.

Flaxseeds Market Size Worth $980.3 Million By 2025

The global flaxseeds market size is expected to reach USD 980.3 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.7% over the forecast period. Various nutritional properties associated with flaxseeds including omega 3, omega 6, fiber, vitamins, minerals, and other essential fatty acids are expected drive the market over the forecast period. In addition, these seeds are beneficial for reducing the cholesterol level and blood sugar in the body. It also helps to prevent various chronic diseases including cardiovascular diseases. These factors are increasing the demand for the product among consumers.

Linseed or Flaxseeds Boost Nutrients an Australian brand of nutritional food powders and Seeds

Ground seed dominated the market in 2018 and is expected to be the fastest growing segment from 2019 to 2025. They are primarily used for the oil extraction. The oil has applications in various industries including pharmaceutical, personal care, and food industries. Flaxseed oil is beneficial to heal skin disorders including itchy patches of psoriasis, sunburned skin patches, and eczema.

Due to these advantages, adoption of oil is increasing among customers and is anticipated to foresee significant growth in the next few years. According to a survey, the flaxseed oils help to reduce the risk of cancer and cardiovascular diseases. This oil is produced by cold pressing method and is helpful and safe for both humans and animals. For instance, in 2017, ADM launched a new product called Onavita flaxseed oil, which contains omega 3 and helps to prevent different skin diseases.

Asia Pacific emerged as the largest regional market in 2018. It is anticipated to witness the fastest growth in the forecast period owing to increasing awareness regarding health benefits associated with the product. Furthermore, over the past few years, increasing application in the bakery and confectionary industry for the preparation of nutritious food products has supported the flaxseeds market growth. In addition, various Asian countries including Kazakhstan, China, and India are the largest producers of flaxseed.

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Further key findings from the report suggest:

By product, ground seeddominated the global flaxseeds market with an overall revenue share of 63.5% in 2018
The food application segment was valued at USD 204.5 million in 2018 and is projected to exhibit high growth over the forecast period
Asia Pacific dominated the global in 2018, accounting for 37.1% share of the total revenue. This trend is projected to continue over the forecast period. China is the largest consumer due to its growing economy and large population
Key market players include TA Foods Ltd.; Richardson International Ltd.; S.S Johnson Seeds; AgMotion Speciality Grains; CanMAr Grain Products Ltd.; Archer Daniels Midland; Cargill Inc.; Simosis International; Stokke Seeds; and Sunnyville Farms Ltd. Company
Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

Processed Mango Products Market Size Worth $25.55 Billion By 2025

The global processed mango products market size is expected to reach USD 25.55 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.4% during the forecast period. Increasing demand for fruit-based food and beverages is anticipated to the primary growth driver.

Secondary processed mango products occupied the largest market share in 2018 owing to increasing demand for the juices. Mango is one of the most consumed and cultivated fruits in India. To leverage the consumer preference for mango flavor and increase product offering, Coco-Cola launched a new mango-flavored premium juice – Maaza Gold in December 2017. Similar product launches in different regions are expected to drive the demand.

Primary processed product segment, on the other hand, is anticipated to witness significant growth owing to increasing export and consumption of mango pulp. The pulp and concentrates are used to make carbonated beverages, juices, confectioneries, jams, and marmalades among others. Increasing application of the pulp in various food and beverages is expected to further propel the segment growth.

Online distribution channel segment is anticipated to register the fastest CAGR over the forecast period, due to growth of e-commerce and digital marketing. Introduction of online grocery websites like Walmart, Costco, and BigBasket among others is expected to drive the overall food and beverage market via online distribution. This is expected to positively influence online sales of processed mango products over the forecast period. Key manufacturers are launching their own websites and are investing in efficient logistics and customer services to increase online sales and to improve their market reach.

Asia Pacific held the largest market share in 2018 due to the presence of the major players as well as concentration of global production of the fruit in countries like India and China. Moreover, the regional production is expected to increase due to rising demand from the countries like Japan. North America, on the other hand, is expected to register the fastest CAGR during the forecast period, attributed to high demand for mango flavored food and beverages coupled with rise in demand for organic mangoes. U.S. is one of the major importers of mangoes and mango-based products.

In March 2019, Amul entered the fruit juice market by launching ‘Amul Tru’ in mango, orange, apple, and lychee variants. This packaged fruit drink is Amul’s strategy to compete with Frooti, Mazaa and other drinks in the global market. In April 2018, Bisleri launched Bisleri Fonzo, a mango-based carbonated beverage to increase its product offering and serve the consumers who prefer mango-based beverages.

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https://www.grandviewresearch.com/industry-analysis/processed-mango-products-market

Further key findings from the study suggest:

Primary processed product segment is expected to ascend at a CAGR of 6.9%, attributed to the rise in demand for the pulp in confectioneries, smoothies, and beverages
Offline distribution channel accounted for the maximum processed mango products market share in 2018 and is anticipated to continue leading over the forecast period
In Middle East and Africa, countries like UAE and Saudi Arabia are expected to witness a rise in demand due to increased exports from India, Pakistan, and Kenya.
Mexico has opened its market to import of dried mango slices from India after conducting a thorough pest risk analysis of the product consignments. This factor is anticipated to bode well for the overall growth in near future

Mouth Freshener Market Worth $17.30 Billion By 2025

The global mouth freshener market size is expected to reach USD 17.30 billion by 2025, expanding at a CAGR of 5.0%, according to a new report by Grand View Research, Inc. Rising awareness regarding oral health and increasing usage of tobacco and alcohol is projected to drive the product demand.

Mint candy segment held the largest market share of around 36.0% in 2018. High consumer preference due to easy availability and a wide variety of flavors is among the prominent factors driving the segment growth.

Spray is anticipated to register the fastest CAGR of 5.8% over the forecast period. These products are easy to use and they do not leave residual waste. Both these factors are projected to contribute to the segment growth in the forthcoming years.

Retail outlet segment is anticipated to dominate the mouth freshener market during the forecast period. Availability of a large variety of products, traditional method and easy access are some of the prominent factors driving the segment growth. Online retail is expected to witness the fastest CAGR of 5.6% over the forecast period. Growing usage of internet, product penetration in rural areas, and attractive discounts are among the major growth drivers.

North America held the leading market share of 42.50% in 2018. High usage of tobacco and alcohol and increasing oral health issues due to bad eating habits are projected to drive the regional growth. Asia Pacific is expected to register the fastest CAGR of more than 7.0% in the forthcoming years. High usage of tobacco and alcohol coupled with rising consumer awareness is anticipated to fuel the regional growth.

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https://www.grandviewresearch.com/industry-analysis/mouth-freshener-market

Further key findings from the study suggest:

Spray segment is projected to ascend at a CAGR of 5.8% over the forecast years
Retail store distribution channel led the global mouth freshener market in terms of revenue, in 2018
Asia Pacific is projected to expand at the fastest CAGR of 7.0% during the forecast period.

Citrus Oil Market Size Worth $10.03 Billion By 2025

The global citrus oil market size is anticipated to reach USD 10.03 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% during the forecast period. Growing demand for plant based extracts such as colorants and flavorants and to increase nutritional content of food and beverages is projected to propel the growth.

Citrus oil is widely available in many countries including U.S., U.K., and Germany and is commonly used in food and beverages. Orange oil led the market in 2018 and is expected to maintain its dominant position throughout the forecast period. Increasing use of the product in skin care products is the main factor driving the demand. Orange oil is used for the treatment of acne and to encourage skin rejuvenation. Furthermore, regular use of orange oil helps regulate blood flow to skin, fueling the demand for orange oil from the cosmetic industry.

The market for citrus essential oil is expected to witness significant growth over the forecast period. Increasing spa and rejuvenation centers across the world is expected to drive the product demand. Key players focus on innovation and new product development to increase their product offerings. For instance, in 2018, Youngevity introduced a new product called Mineral Man, offering citrus oil-based skin care and hair care products.

Europe held the largest market share of 39.5% in 2018, owing to rising consumer awareness regarding the benefits of citrus oils. Moreover, growing demand for natural cosmetic and plant extracts to enhance natural content is driving the regional product demand. Asia Pacific, on the other hand, is expected to witness the fastest CAGR of 8.4% from 2019 to 2025.

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https://www.grandviewresearch.com/industry-analysis/citrus-oil-market

Further key findings from the report suggest:

Lemon oil segment is anticipated to ascend at the fastest CAGR of 7.5% over the forecast period
Orange oil segment led the global market with an overall revenue share of 29.4% in 2018
Food and beverages segment is expected to reach USD 3.42 billion by 2025
The citrus oil market is highly competitive in nature with the presence of leading players including Young Living Essential Oils, Plant Therapy Essential Oils, TERRA Holdings, LLC, Moksha Lifestyle Products, Farotti Essenze, and Mountain Rose Herbs
Manufacturers concentrate on new product launches, capacity expansion, and innovations to cater to the rising demand

Whipping Cream Market Size Worth $10.3 Billion By 2025

The global whipping cream market size is expected to reach USD 10.35 billion by 2025 registering a CAGR of 8.1%, according to a new report by Grand View Research, Inc. Rising consumption of foods, such as pies, ice creams, cupcakes and cakes, puddings, scones, milkshakes, hot chocolate, espresso drinks, and coffee drinks, is expected to remain a favorable factor for the market growth.

Furthermore, rising awareness about the health benefits of whipping creams, such as improved bone health and immune system, due to the presence of vitamins A, D, E, K, and choline. Companies are investing more in product development to increase their market share. For instance, in August 2018, Kraft Heinz partnered with Hershey’s and launched Milk Chocolate Dairy Whipped Topping and Peanut Butter Cup Dairy Whipped Toppings.

In Feb 2019, Amazon launched new private label Happy Belly brand in its dairy and beverage product line. Under this brand umbrella, the company will sell numerous product variants including half and half, heavy whipping cream and dairy whipped topping. In March 2019, DuPont Nutrition & Heath launched Grindsted WP 300 Flexwhip, a sugar-free non-dairy whipping cream. In May 2019, Gay Lea, a Canadian milk and dairy products company, launched a new non-dairy vegan real coconut whipped cream.

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https://www.grandviewresearch.com/industry-analysis/whipping-cream-market

Further key findings from the study suggest:

The dairy product segment accounted for the largest market share of more than 60% in 2018 and will continue to expand further at a steady CAGR from 2019 to 2025
The B2B application segment is expected to register the fastest CAGR of 8.2% from 2019 to 2025
Europe is expected to be the largest regional whipping cream market accounting for a market share of more than 35% by 2025
Online distribution channel is expected to be the fastest-growing segment at a CAGR of 8.5% from 2019 to 2025

Ice Cream Market Size Worth $78.8 Billion By 2025

According to a recent report published by Grand View Research Inc., the growing consumption of premium products particularly in developed regions such as Europe and North America, is accelerating the market expansion.

According to a report, “Ice Cream Market Size, Share & Trends Analysis Report By Product Type (Impulse, Artisanal, Take Home), By Region (North America, Europe, Asia Pacific, Latin America, MEA) And Segment Forecasts, 2018- 2025”, published by Grand View Research, Inc.The global ice cream market size is projected to reach USD 78.8 billion by 2025, registering a CAGR of 4.1%, as per a new report by Grand View Research Inc.The major market demand is anticipated to arise from developing countries of Latin America, Asia Pacific, and MEA. Countries including China and India have a prominent consumer base. This is a key factor driving product sales in terms of both value and volume.

Lactose-free ice creams are gaining immense traction as there is an increasing number of people suffering from lactose intolerance and food allergies. Therefore, health-conscious consumers are opting for lactose-free ice creams and this can create new opportunities for entrants to capitalize on this growing demand.

Companies are introducing many innovative flavors in the ice cream industry to increase their product acceptance. For instance, in 2017, Ben & Jerry’s introduced three new flavors in summer to increase their sale. The introduction of new flavors and variants is also projected to significantly contribute to the growing sales across the globe.

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https://www.grandviewresearch.com/industry-analysis/ice-cream-market

Ice Cream Market Highlights

Amidst the global Covid-19 pandemic, the consumer foods industry has experienced an extra mile of scrutiny to ensure food safely. In December 2020, China reported the detection of the novel coronavirus on the walls of ice cream cartons. Nearly 2000 cartons were seized in China’s eastern region
The market is driven by continuous innovations and product launches to attract more customers. For instance, the Fruity Pebbles in January 2021 launched a rice cereal bits coated fruity cereal milk light ice cream in colorful fruity swirl and flavors. The product is set to hit the shelves in February 2021
In January 2021, Hong Kong’s Igloo Dessert Bar entered into a partnership with the U.S. fermentation dairy food tech called the Perfect Day to launch Asia’s first-ever vegan ice cream produced with real dairy products. The brand collaboration is dubbed Ice Age! And it promises to offer a line-up of eight hormone-free, lactose-free, and vegan-friendly ice creams
The impulse segment has dominated the market due to the presence of a large number of manufacturers, particularly in the developing economies in the Asia Pacific region

Honey Powder Market Size Worth $1.56 Billion By 2025

The global honey powder market size is expected to reach USD 1.56 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.1% during the forecast period. Rising demand for low-calorie food ingredients with long shelf life is anticipated to drive the market.

The bakery segment accounted for the largest market share in 2018, owing to honey powder being a natural sweetener and available at low cost. Moreover, honey is naturally a low-calorie food ingredient and contains many vitamins and minerals. This makes it a great substitute for white sugar. Increasing consumer preference for low-calorie foods to combat diseases like obesity, diabetes, and heart ailments is likely to boost the product demand.

Beauty products segment is anticipated to witness the fastest growth in terms of application of honey powder in near future. Honey in its raw form acts a natural skin cleanser and softener leaving the skin fresh and glowing. These properties are retained in honey powder used in the formulation of soaps, facial masks, and body lotions. Major manufacturers are focusing on various other benefits of honey that can boost the overall production and consumption of the product.

North America held the major market share in terms of revenue in 2018, due to increasing consumer preference for low calorie products. The region accounted for more than half of the global consumption of honey powder. The population in North America is increasingly becoming health conscious and shifting its preference to low-calorie food ingredients to curb obesity and heart ailments. Honey powder being a low-cost alternative to white sugar, has increased the regional demand. Asia Pacific, on the other hand, is expected to expand at a CAGR of 5.9% over the forecast period, due to growing awareness about the benefits of honey. Moreover, many developing countries like China and India are major producers of honey. Increase in production of honey is expected to augment the regional growth over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/honey-powder-market

Further key findings from the report suggest:

In terms of revenue,beauty products application segment is projected to ascend at a CAGR of 5.0% over the forecast years
Bakery application held the leading market share in 2018, due to increasing use of honey powder in making cakes and pastries
United States is one of the major consumers of honey powder in the world and the region is projected to hold a significant market share in the forthcoming years
United States, Germany, and Japan were the major importers of the product. New Zealand, Argentina, China, and India topped the list of exporters in the global honey powder market

Moringa Products Market Worth $10.9 Billion By 2025

The global moringa products market size is expected to reach USD 10.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.4% over the forecast period. Growing need for nutritional supplements, improving health awareness among people, and shifting focus towards organic medication are the key factors for industry growth.

Increase in awareness among consumers regarding health benefits of moringa is one of the major reasons for the market growth. It has antifungal, antiviral, antidepressant, and anti-inflammatory properties, which are beneficial in healing various diseases. Additionally, it can be easily grown in tropical and subtropical regions with low cost, thereby resulting in increased usage of the plant in various applications. It is also one of the best products to treat malnutrition children younger than 3 years. Considering all these factors, demand for moringa is increasing in the market.

Moringa contains various healthful compounds such as vitamin A, vitamin B1, folate, calcium potassium, iron, and zinc. It is also extremely low in fats and contains no harmful cholesterol. The antibiotic and antibacterial properties of this plant may help inhibit the growth of various pathogens, and its high vitamin B content helps with digestion. Among all the vegetables, moringa is commonly used by South Indians for its flavor and delicious taste in Sambar and Curry preparation. Rising demand for the product due to its rich nutritional properties and low price is boosting the growth of this moringa products market.

Europe was the largest regional market in the year 2018 owing to growing demand for nutritional supplements. In 2018, U.S was the largest market with more than 75.0% share in North America. Rising awareness regarding organic health supplements is a major factor boosting the regional market growth. Growing trend of calorie reduction and weight management is also driving the regional market since moringa helps in reducing weight gain. Majority of the Americans prefer supplements over their daily diets. Moringa is an additional source of multivitamins, antioxidants, amino acids, and other nutrients. Due to all these health benefits, demand for this plant based product is rising among individuals, thereby boosting regional moringa products market growth.

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https://www.grandviewresearch.com/industry-analysis/moringa-products-market

Further key findings from the study suggest:

The leaf powder segment is projected to expand at a CAGR of 11.2% over the forecast period
The online distribution channel will register the highest CAGR of 11.6% through 2025
U.S., China, Germany, Ethiopia, and Brazil are the major countries accounting for the largest market share in their respective regions.