Gluten Free Sugar Syrup Market Size Worth $1.44 Billion By 2025

The global gluten free sugar syrup market size is expected to reach USD 1.44 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.31% during the forecast period. Major factor attributing the growth is the growing number of gluten intolerant people. Consumer awareness regarding healthy living lifestyle is also attributed to the growth. People are omitting gluten rich foods from their diets to avoid diseases like Irritable Bowel Syndrome (IBS) and celiac diseases among others. By 2018, more than 170 million global population was suffering from celiac diseases, driving consumers to opt for gluten free foods and beverages.

Glucose syrup category was valued to be the largest market accounting for 47.21% of the global market in 2018. It is used to help balance sweetness, enhance flavors, and extend shelf life. Some of the key glucose syrup manufacturers are Cargill, Incorporated, SWEET ADDITIONS, LLC, and Tate & Lyle. Maple syrup is the second largest segment in the global market. This is used as an ingredient in a packaged food or poured on pancakes or oatmeal. Quebec, Canada accounted for 71% of the global maple harvest due to its soil capacity.

Industrial category was valued to be the largest application by accounting over 60% of market share in 2018. Growing consumer awareness regarding gluten free foods is driving companies to use gluten free sugar syrup as an ingredient. Companies are expanding their product line for this category. For instance, The Coca Cola Company has introduced Coke Zero, Diet Coke, Coca-Cola Classic, and other gluten free products.

Direct human consumption category accounted for around 37.67% of the global gluten free sugar syrup market in 2018. It is used to prepare different dishes and cocktails. Under this category independent health store sub category is expected to expand at a CAGR of 8.72% from 2019 to 2025. Consumers prefer this independent health store category due to product varieties. Employee training programs to boost sales is anticipated to further drive the product demand over the forecast period. It has been observed that the U.S. base health stores are operating in online and offline markets to meet the customer demand, for instance, The Better Health Store, The Vitamin Shoppe, and others.

North America is the largest consumer of gluten free sugar product. Around 3.5 million U.S. based consumers are gluten intolerant, driving the market growth. Consumer awareness about celiac disease and the rising trend of leading a healthy lifestyle is driving more people to consume gluten-free diet. Europe is expected to be the fastest growing market with a CAGR of 7.29% from 2019 to 2025. Growing consumer awareness about IBS is attributed to the regional growth.

The market is competitive in nature with the presence of many small and large brands. Some of the major companies are B&G Foods, Inc.; MONIN INCORPORATED; Wholesome Sweeteners, Inc.; CANADIAN ORGANIC MAPLE; Börger GmbH; Skinny Mix; Tereos; and others.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/gluten-free-sugar-syrup-market

Further key findings from the report suggest:

In product segment, corn syrup category is projected to ascend at a CAGR of 7.83% from 2019 to 2025
Glucose syrup product led with an overall market share of 47.21% in 2018
Industrial category was the largest application by accounting a market share of 62.33% in 2018
North America led the global gluten free sugar syrup market in 2018 with a market share of 41.3%
Growing consumer awareness regarding healthy lifestyle is driving the growth
The market is highly competitive in nature with the main players including MONIN INCORPORATED; Wholesome Sweeteners, Inc.; CANADIAN ORGANIC MAPLE; Börger GmbH; and Blue Ocean Biotech
Various manufacturers are concentrating on expanding their product line to increase their customer base

Snacks Market Size Worth $708.6 Billion By 2025

The global snacks market size is projected to reach USD 708.6 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.2% over the forecast period. Healthy eating, indulgence, informality, premiumization, provenance, and value scrutiny are some of the crucial factors driving the market.

The desire for fresh food is growing and people are rejecting industrial food. Consumer concerns with cues including locally grown, processed recognizable ingredients, and shortest ingredient lists have accelerated in recent years. Price drops in recent years, coupled with increased population, improved foodservice, and rising disposable income, is expected to drive demand for processed snacks in developing markets. Growing demand for convenience foods and ready-to-eat meals in modern trade channels is also expected to spur market growth.

The Central and South America market is expected to grow at a consistent rate over the forecast period. Brazil, Argentina, and Chile remain key markets for international brands to increase their customer base. Rising product sales, especially in emerging economies, indicate that people are willing to spend more on snack products owing to improving disposable incomes. This trend is anticipated to continue in the near future.

Various factors such as price-affordability, ease-of-use options, and enhanced product quality have been contributing to product demand. Regional players are focusing on providing products that suit varied preferences of consumers in their respective regions, which gives these players a substantial growth opportunity in developing countries.

The snacks market is highly competitive in nature and, therefore, marked by an extensive range of new products and flavors. Key players in the global snacks market include Tyson Foods, McCain Foods, Aviko, General Mills, and Pepsico. Acquisitions, mergers, joint ventures, and product innovation remain key strategies in order to increase sales.

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

Further key findings from the report suggest:

Based on non-extruded snacks, the refrigerated products segment is projected to exhibit a CAGR of 5.3% in terms of revenue over the upcoming period
The fruits and vegetable segment accounted for over 12.0% to the total market in 2018. Increasing awareness among consumers about these products, especially in European countries such as U.K., Germany, and France, is expected to propel segment growth over the forecast period
On the basis of extruded product type, the tapioca segment is anticipated to register a CAGR of 4.0% owing to rising demand for healthy snacking options. Moreover, the popularity of the product as an instant source of energy is expected to drive its demand in the market
While supermarkets and hypermarkets dominate the global market, convenience stores are gaining popularity as a distribution channel and the segment is likely to exhibit the highest CAGR of 6.8% over the forecast period
South Africa, Israel, UAE, Egypt, Iran, and Saudi Arabia are some of the major markets in terms of consumer spending. The UAE market is expected to exhibit a CAGR of 7.2% over the forecast period thanks to rise in consumer disposable income and changing food habits and preferences
The snacks market is highly competitive in nature and is driven by unique product offerings and high consumer demand. PepsiCo, General Mills, Tyson, Hormel, Hain Celestial, Nestlé, and Kellogg were the major players in 2018

Whiskey Market Size Worth $89.60 Billion By 2025

The global whiskey market size is expected to reach USD 89.60 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a CAGR of 6.4% during the forecast period on account of rising product consumption across the globe. Growing product usage in the artistic preparation of alcoholic drinks is the key factor driving the industry. Blended whiskey is likely to remain the most lucrative product segment over the forecast period due to ongoing experimental activities to produce innovative drinks.

The market has also experienced a high demand for rye-based and single- and double-malt whiskey rich in new flavors. Use of malt whiskey in cocktail formulation is anticipated to increase the demand further. The segment is predicted to experience a steady CAGR over the next few years. The overall whiskey market has witnessed a shift from branded and premium drinks to super-premium and high-end premium drinks produced by skilled craftsmen using traditional processes.

High-end premium segment is likely to witness considerable growth due to market consolidation and high-entry-barrier of new companies. However, a small customer base and high prices of these products may limit the segment growth. The U.S. whiskey market is proliferating in line with the increasing disposable income levels, which has resulted in rising demand for the premium-quality products, such as corn and malt whiskeys.

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

Further key findings from the study suggest:

Blended whiskey dominated the global market in 2018; while, the malt whiskey segment is projected to ascend at a CAGR of 7.1% over the forecast period
The premium quality segment led the global market in 2018 accounting for a revenue share of 43.7%
Rising preference for high-quality craft whiskey over those provided by established brands owing to the distinct taste and flavors will drive the segment
The whiskey market in North America has grown at a prolific rate over the past few years owing to consumer preference for conventional, locally produced drinks
Pernod Ricard, Hotaling & Co., William Grant & Sons, and Diageo plc are the prominent companies in the global market
Most of these manufacturers provide whiskeys produced from locally-grown grains, such as rye, barley, and wheat. The whiskey distilleries owned by these companies are majorly located in U.S. and Europe owing to the substantial demand

Edible Flakes Market Size Worth $28.34 Billion By 2027

The global edible flakes market size is expected to reach USD 28.34 billion by 2027, expanding at a CAGR of 6.3% over the forecast period, according to a new report by Grand View Research, Inc. Rising consumers’ consciousness regarding more healthy and nutritious food in the busy and hectic lifestyle is a key factor fueling the market growth. Moreover, shifting consumers’ dietary preferences in order to follow a healthy lifestyle are anticipated to expand the scope of edible flakes over the forecast period.

Over the past few years, consumption of oats and oatmeal has been significantly increasing as they contain vitamins, iron, soluble fibers, and antioxidants. Moreover, they help in improving the blood sugar levels, lowering the risk of cardiovascular diseases, and reducing weight. These health benefits are opening new avenues for these edible flakes, thus boosting the market growth over the forecast period.

North America emerged as the largest regional market for edible flakes with a share of more than 35.0% in 2019 owing to high consumption of corn flakes across countries, including U.S., Canada, and Mexico. Moreover, consumption of oats has increased in the recent years due to increasing obesity problems in the region. These trends are anticipated to fuel the market growth in the region over the forecast period.

The edible flakes industry is consolidated in nature owing to the presence of strong players with large customer base across the globe. Moreover, major players are adopting various market strategies, including merger and acquisition, for expanding their customer base. For instance, in May 2018, Nestlé S.A. announced a joint venture with General Mills to sell a wide variety of products in India. These market trends are anticipated to boost the demand for edible flakes over the forecast period.

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

Further key findings from the study suggest:

By product, corn flakes accounted for the largest share of more than 40.0% in 2019. It is expected to maintain its lead over the forecast period owing to large consumption among working class people around the globe, especially in North America and Europe
Oat flakes are anticipated to exhibit the fastest CAGR of 6.6% from 2020 to 2027 owing to increasing demand for healthy food among young generation across the globe
Offline distribution channel held the largest share of more than 75.0% in 2019 and is expected to maintain its lead in future due to increasing consumer preferences for brick and mortar stores that offer a choice of physical verification while purchasing
Asia Pacific is anticipated to exhibit the fastest CAGR of 7.1% from 2020 to 2027 owing to growing trend of ready-to-eat breakfast among the working class people as well as college grads of countries, such as China and India
Key market players include Nestlé S.A.; The Kellogg Company; General Mills Inc.; The Quaker Oats Company; Dr. August Oetker KG; PepsiCo Inc.; Bagrry’s India Ltd.; Marico Ltd.; H. & J. Brüggen KG; and Nature’s Path Foods.

Gluten Free Sugar Syrup Market Size Worth $1.44 Billion By 2025

Click the link below:
https://www.grandviewresearch.com/industry-analysis/gluten-free-sugar-syrup-market

Further key findings from the report suggest:

In product segment, corn syrup category is projected to ascend at a CAGR of 7.83% from 2019 to 2025
Glucose syrup product led with an overall market share of 47.21% in 2018
Industrial category was the largest application by accounting a market share of 62.33% in 2018
North America led the global gluten free sugar syrup market in 2018 with a market share of 41.3%
Growing consumer awareness regarding healthy lifestyle is driving the growth
The market is highly competitive in nature with the main players including MONIN INCORPORATED; Wholesome Sweeteners, Inc.; CANADIAN ORGANIC MAPLE; Börger GmbH; and Blue Ocean Biotech
Various manufacturers are concentrating on expanding their product line to increase their customer base