Healthy Snacks Market Size Worth $32.88 Billion By 2025

The global healthy snacks market size is expected to reach USD 32.88 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% during the forecast period. Increasing awareness regarding health and wellness benefits offered by the product among consumers is likely to be a key trend driving the market.

The consumption of healthy snacks is growing on account of their ability to meet various dietary requirements such as sugar-free, low salt content, and low cholesterol levels. However, high cost of production due to volatile prices of raw materials is expected to negatively influence the growth of the market over the forecast period.

Growing purchasing power parity, which has increased immensely in the past few years, is anticipated to fuel the demand for meat snacks in the upcoming years. This factor, in turn, is projected to boost the growth of the market during the forecast period.

Europe is the leading regional market in the healthy snacks market. A wide base of youth population in the region along with high spending power of the populace is stoking the growth of the regional market. Healthy snacks provide grab-and-go option coupled with convenience to meet the needs of customers.

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https://www.grandviewresearch.com/industry-analysis/healthy-snack-market

Further key findings from the report suggest:

In terms of revenue, the meat snacks segment is projected to expand at a CAGR of 5.4% over the forecast period
Cereal & granola bars dominated the healthy snacks market with a global revenue share of over 36.0% in 2018
Companies in Europe are focusing on increasing sales of healthy snacks by attracting more customers with innovative and eye-catching products
Rising consumption of dried fruit snacks by customers due to changing lifestyles is likely to fuel growth over the next seven years
Market players are focusing on developing healthy snacks in compliance with stringent USFDA and EU standards, especially in North America and Europe
Emerging economies such as India, China, Brazil, Indonesia, and Malaysia are witnessing a paradigm shift in consumer buying behavior due to rising national income and its benefits on disposable income of households
Major industry players aim to achieve optimum market growth and strengthen their presence through various market expansion strategies such as new product development, joint-ventures, and acquisitions
Some of the key companies present in the industry are Nestlé S.A.; PepsiCo, Inc.; The Kellogg Company; Tyson Foods, Inc.; General Mills, Inc.; Mondelēz International; Hormel Foods Corporation; Kind LLC; and Select Harvests.

Essential Oils Market Demand To Reach 473.31 Kilotons By 2027

The global essential oils market demand is expected to reach 473.31 kilotons by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 7.5% from 2020 to 2027. Aromatherapy is rapidly gaining momentum as a convenient method of healing lifestyle diseases, which is contributing to the demand for essential oils. It is also important to notice that sales are closely related to consumer education-the more consumers are informed regarding applications and usage of essential oils, greater is the sales.

Essential oils are majorly composed of terpenes and their oxygenated derivatives, which usually include monoterpenes and sesquiterpenes. They are present in specialized cells/glands in various plants and the position of these glands varies depending upon the morphology and physiology of the plant. During manufacturing process, these glands are ruptured by pressing or by application of heat, which emanates aroma. The product is composed of aromatic compounds, which are volatile as well as hydrophobic in nature.

A majority of the consumers demand essential oils for various purposes, such as for enhancing air freshness at home by adding drops in aroma pots or aroma diffusers, which diffuse oil in the form of atomized particles, and in aroma bath by adding oils to the water. Young women use these products for making homemade cosmetics owing to their natural content and medicinal benefits.

Rising demand for organic products is another factor influencing consumer trends. Further implementation of regulations favoring the use of environmentally friendly ingredients in cosmetics and food and beverage industry has awakened people’s interest to seek products made from natural ingredients. The industry has witnessed a sharp increase in demand for 100% plant-based products that are devoid of synthetic fragrances and animal-derived components. As a result, majority of the population is turning to organic products to gain health benefits.

Owing to the outbreak of coronavirus around the world, many of the countries are observing lockdown situations. This is expected to lead to major raw material shortages, disruption in supply chain, and increased prices of highly demanded products in the next two to three quarters. Moreover, restrictions on imports and exports of goods by any means from most of the South East Asian countries can worsen the situation in the coming months. However, on the brighter side, the temporary closure or slowing down of manufacturing plants of synthetic flavors and fragrances in China can be seen as an opportunity to the essential oil distillers as the manufacturers may turn to the smaller vendors to fulfil their raw material requirements.

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https://www.grandviewresearch.com/industry-analysis/essential-oils-market

Further key findings from the study suggest:

In terms of revenue, the orange oil product segment is expected to expand at a CAGR of 7.4% over the forecast period
In 2019, food and beverages application emerged as the second largest application segment with a share of 38.6% in terms of volume
Asia Pacific is projected to witness the fastest growth over the forecast period.

Organic Beverage Market Worth $47.78 Billion By 2025

The global organic beverages market size is estimated to reach at USD 47.78 billion by 2025 expanding at a CAGR of 13.0%, according to a new report by Grand View Research, Inc. High product demand across the globe and rising disposable income levels in developing economies are some of the major factors boosting the growth of the market. Demand for non-sugary, non-caffeinated drinks will also fuel the product demand over the coming years.

Availability of products with new flavors and ingredients like turmeric, aloe Vera, and activated charcoal in attractive easy-to-carry & -store packaging will also fuel the demand. Non-dairy beverages product segment accounted for the largest market share in the year 2018. Non-dairy drinks are prepared from sources like legumes, plant materials, nuts, and cereals and hence act as functional drinks. Organic beverages are also used as substitute for milk.

Coffee and tea product segment is projected to register the fastest CAGR of 13.8% during the forecasted period. Factors, such as increasing health awareness, preference for organic and natural drinks, and changing lifestyles, are boosting the segment growth. Led by U.S., North America was the largest regional market in the year 2018 owing to presence of target population. The regional market is projected to expand further at a steady CAGR from 2019 to 2025 due to rising number of cafes and food chains in U.S.

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https://www.grandviewresearch.com/industry-analysis/organic-beverages-market

Further Key Findings from the Study Suggest:

The non-dairy product segment is projected to account for the largest share of the global organic beverage market by 2025
Offline distribution channel led the market in 2018. However, the online segment will register the maximum growth rate over the forecast years
Asia Pacific is estimated to be the fastest-growing regional market at a CAGR of 17.6% during the forecast period
This growth is attributed to rapid urbanization, rising disposable income levels, and establishments of various international retail stores in the emerging countries like China and India
U.S., Germany, China, Brazil, and South Africa are the major countries with lucrative growth opportunities for the market in their respective regions

Frozen Pizza Market Size Worth $25.2 Billion By 2027

The global frozen pizza market size is expected to reach USD 25.2 billion by 2027, expanding at a CAGR of 3.2%, according to a new report by Grand View Research, Inc. Rising demand for the ready-to-eat food coupled with the immense popularity of pizzas among millennials, the young generation, and the working-class population across the globe is the key factor for market growth. Moreover, changing lifestyles and food preferences owing to a busy work schedules are also offering new scope for the market.

Over the past few years, pizza has achieved massive popularity as an iconic dish among the young generation and working-class population across the world. Moreover, rising house party culture is offering new market opportunities across the globe. Frozen pizzas have evolved as a ready to prepare food item for small get together. It takes less than 20 minutes to be prepared and contains a healthy dose of veggies, carbohydrates, protein, calcium, fats, and vitamins. It is often enjoyed with salads and fizz drinks, which makes it perfect for small gatherings. These consumer trends are anticipated to drive the market over the forecast period.

North America dominated the market and accounted for a revenue share of more than 35.0% in 2019. The U.S. and Canada are the largest consumers of frozen food owing to their higher shelf life and popularity. The popularity of such products is so high in the U.S that the ‘National Pizza Day’ is celebrated every year on the 9^th of February. Moreover, according to Alto-Hartley, Inc., a kitchen equipment and installation company in the U.S., more than 40.0% of the U.S. population eats pizza every week. These consumer trends are propelling the demand for the product in the regional market.

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https://www.grandviewresearch.com/industry-analysis/frozen-pizza-market

Further key findings from the study suggest:

Regular was the largest product segment with a market share of more than 40.0% in 2019 and expected to maintain dominance over the forecast
The medium product segment is expected to witness a CAGR of 3.5% from 2020 to 2027. Rising trend of house parties among college grads, the young generation, and the working-class population is opening new scope for the product in the global market
HoReCa (Hotel/Restaurant/Café) was the largest distribution channel segment with a market share of more than 59.1% in 2019 and anticipated to maintain the dominance over the forecast period owing to the increasing occurrence of QSR (Quick Restaurant Services) chains
In Asia Pacific, the market is anticipated to witness a CAGR of 4.0% from 2020 to 2027. With the increasing popularity of pizzas in developing countries like China, India, Bangladesh, and the Philippines, the region is expected to remain one of the key potential regions.

Superfood Powders Market Worth $7.11 Billion By 2027

The global superfood powder market size is expected to reach USD 7.11 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.4% over the forecast period. The demand for the product has been growing significantly over the world owing to its various health benefits. It helps to improve the immune system, natural detoxification, and metabolism. It is also a rich source of vitamins, fibers, and minerals. With the shifting consumer preference towards organic and natural diet, the food and beverage industry has been incorporating this product in several products.

In terms of product, the organic segment is expected to expand at the fastest growth rate over the forecast period. Manufacturers have been expanding their organic portfolio by introducing new products. For instance, in March 2029, Brandless, a U.S. based company, launched 15 new products, which include superfood powders, vitamins, essential oils, and supplements. The powder products comprise matcha, plant protein, and maca. All of its products are organic, gluten-free, and vegan.

North America held the largest market share of more than 40.0% in 2019. High consumption in countries, such as the U.S. and Canada, is anticipated to boost market growth during the forecast period. Furthermore, several major producers are based in the region. Over the past few years, consumers have been adding the product in numerous food and drink items in order to obtain the health benefits of the product.

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https://www.grandviewresearch.com/industry-analysis/superfood-powders-market

Further key findings from the report suggest:

The organic product segment is expected to witness the fastest growth during forecast years with a CAGR of 6.7% from 2020 to 2027. Growing demand for organic products among the health-conscious consumers is expected to fuel the segment growth over the next few years
The online distribution channel is expected to witness the fastest growth during forecast years with a CAGR of 7.5% from 2020 to 2027. An increasing number of companies launching e-commerce websites is boosting the online sales of the product
Asia Pacific is expected to witness the fastest growth during forecast years with a CAGR of 7.4% from 2020 to 2027. The rising importance of health wellness among millennials in developing countries, including China and India, is expected to remain a favorable factor for the industry growth
North America dominated the market and accounted for over 40.0% share of the global revenue in 2019. Wide penetration of the product in the U.S. and Canada is expected to be a key reason behind the growth.

Tonic Water Market Size Worth $3.0 Billion By 2027

The global tonic water market size is expected to reach USD 3.0 billion by 2027, expanding at a CAGR of 7.2%, according to a new report by Grand View Research, Inc. Growing consumer drink preferences to ‘Gin and Tonic’ across the globe is the key driving factor for the market. Moreover, increasing the use of tonic water to serve vodka and to make various types of popular cocktails is also offering new scope for the industry.

Over the past few years, consumer’s preference has shifted towards gin, vodka, and various other popular cocktails. Tonic water provides a bitter and flavored edge to these spirits and cocktails. Generally, most of the recipes have 1:1 to 1:3 tonic water to gin ratio. These consumer trends are anticipated to boost the market on a global level over the forecast period.

Such product forms are capable of excellent medicinal properties and help to treat malaria and babesiosis. These medicinal properties are also fueling the demand for the product and anticipated to foresee a high growth rate over the forecast period.

North America was the largest market, with a share of more than 30.0% in 2019. The U.S. and Canada are the largest consumers of tonic water which offers a huge opportunity in North American. Moreover, these two countries are also a large consumer of gin with which the product is widely consumed.

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https://www.grandviewresearch.com/industry-analysis/tonic-water-market

Further key findings from the study suggest:

The regular segment dominated the industry with a revenue share of more than 75.0% in 2019 and expected to maintain the dominance over the forecast period owing to the wide range of products widely available on a global level
The diet segment is anticipated to witness a CAGR of 7.7% from 2020 to 2027 owing to the rising popularity of sugarless and low-calorie products among consumers across the globe
Hypermarket, supermarket, and convenience stores was the largest distribution channel segment with a share of more than 54.0% in 2019. The segment is anticipated to maintain dominance over the forecast period. A large number of companies such as Walmart, Tesco, 7Eleven, Auchan, Sainsbury’s, Apar, and Aldi have maximum customer penetration in North America and Europe
North America accounted for a revenue share of more than 30.0% in 2019. The U.S. and Canada are the largest consumers of tonic water, offering a huge opportunity for the market in North America.

Cake Market Size Worth $55.78 Billion By 2027

The global cake market size is expected to reach USD 55.78 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.3% from 2020 to 2027. Rising consumers’ preference for celebrating all special occasions and festivals by cutting cakes is the key factor for the market growth. Moreover, increasing the adoption of cakes as a snack among the working-class population and the young generation is anticipated to offer new scope for the market over the forecast period.

Over the past few years, people around the globe have started celebrating every single moment of success, happiness, and occasion. This has introduced a trend of cake cutting and a small get-together party. These occasions may include birthdays, weddings, marriage anniversary, Christmas, Valentine’s Day, work anniversary, and various other special calendar days. The young generation, millennials, and working-class population have started celebrating their promotions, college scholarships, and even their pet’s birthday. In short, cake has become a way to celebrate very special moments of life. These consumer trends are propelling the demand for the cake at the global level.

Various confectionary companies are launching their products in cake flavor in order to cater to the rising customer demand for the cakes. For instance, in December 2019, Dunkin’ Brands in Japan launched delicious and icy cake featuring some of the most familiar characters from the iconic series, the ‘Galaxy Palette’ under the brand name ‘Baskin Robbins’. These new product launches are propelling the demand in the market.

Europe emerged as the largest regional market with a share of more than 30.0% in 2019. European countries such as Switzerland, Belgium, France, Italy, and Austria are famous for their delicious bakery products, especially cakes. Furthermore, new product launches in terms of gluten-free cakes and pastries targeted for health-conscious consumers are expected to have a positive impact on industry growth.

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https://www.grandviewresearch.com/industry-analysis/cakes-market

Further key findings from the study suggest:

The dessert product segment accounted for the largest share of 50.5% in 2019 and is expected to maintain its lead over the forecast period owing to predominant consumption of these products during celebration occasions and parties
Sponge products are expected to expand at the fastest CAGR of 3.7% from 2020 to 2027 on account of the rising popularity of these products among young consumers across the globe as they have a high shelf life as compared to dessert cakes
By distribution channel, specialist retailers accounted for the largest share of more than 50.0% in 2019 and are anticipated to maintain its lead over the forecast period. Various domestic players have their own specialty stores with a wide range of artesian, dessert, and sponge product variants
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of 3.8% from 2020 to 2027. The rising popularity of bakery products in middle-income groups in key economies, such as China and Japan, is expected to have a positive impact on the industry growth.

Air-dried Food Market Size Worth $165.34 Billion By 2027

The global air-dried food market size is expected to reach USD 165.34 billion by 2027, expanding at a CAGR of 7.4% over the forecast period, according to a new report by Grand View Research, Inc. Shifting consumer preference for healthy and convenient diet is expected to expand the scope of air-dried food in the years to come. Additionally, technological advancement in air-drying process has paved the way for the food and beverage industry participants to launch convenience products, which retain the nutritional value for longer time, along with addressing the buyers’ convenience.

Coffee beans led the market with over 30% share of the total revenue in 2019. Increased popularity of instant coffee or coffee powder is boosting the segment growth. The fruits and vegetables segment is projected to witness the fastest growth in the upcoming years. These air-dried food products are gaining traction among the health-conscious consumers due to their nutritional value. Furthermore, it has become a convenient meal for outdoor activities, such as camping and hiking, owing to its long shelf life and lightweight.

In terms of application, the commercial segment dominated the market in 2019 owing to widespread usage of the product in the bakery and confectionary industry, hotels and restaurants, instant meal industry, and pet industries. The household application segment is anticipated to witness the fastest growth over the forecast period. Changing consumption pattern, rapid urbanization, and expansion of e-commerce will boost the demand for the product in the household segment.

Air-dried chunks/pieces are projected to expand at the fastest CAGR of 7.8% from 2020 to 2027. Growing utilization of these forms in several products, such as snacks, ready-to-eat kits, cakes, and pastries, is fueling the growth of the chunks/pieces form in the industry.

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https://www.grandviewresearch.com/industry-analysis/air-dried-food-market

Further key findings from the report suggest:

In terms of product, coffee beans dominated the market in 2019 with over 30% share of the global revenue owing to extensive application scope in the household and commercial segments of the food and beverage industry
The household application segment is expected to expand at the fastest CAGR of 7.5% from 2020 to 2027. Shifting preferences among millennials to cook food at home as a result of increased number of recipe videos posted on social media and satellite television channels is expected to prompt the demand for air-dried product forms as convenient options
Asia Pacific is expected to register the fastest CAGR of 8.0% from 2020 to 2027 owing to rising demand for ready-to-eat and make-ahead meals among the working class population groups in countries, including China and India
Major players in the market include Dehydrates Inc.; Saraf Foods Pvt. Ltd.; Berrifine A/S; La Frubense; BCFoods, Inc.; Nestle S.A.; B-B Products (Australia) Pty Ltd; DMH Ingredients, Inc.; and HOWENIA ENTERPRISE CO., LTD.

Oil Dispersible Color Market Worth $1.2 Billion By 2025

The global oil dispersible color market size is expected to reach USD 1.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.8% over the forecast period. Increasing number of confectionary and bakery products and Rise in the demand for food and beverages are likely to fuel the market growth in the upcoming years.

Shifting inclination towards environment friendly products and stringent government regulations on food safety are some of the factors that drive the global market. Technology advancements have been contributing significantly to the market growth. The natural product segment emerged as the largest segment in 2018 due to increase in awareness related to harmful effects of artificial colors.

For instance, in 2016, DDW, the largest producer of natural colors, have launched a new natural oil dispersible color derived from a non-GMO purple corn hybrid that is mostly cultivated in U.S. Technological advancements, coupled with growing demand for natural colors, are expected to drive the demand for natural oil dispersible color over the forecast period.

The food and beverages segment was the largest application segment in 2018. Increase in demand for bakery products and beverages is anticipated to drive the segment in the upcoming years. Rising demand for flavored frozen and dairy products has also fueled the segment growth. The pharmaceuticals segment is estimated to witness growth during the forecast period owing to increase in product demand in the pharmaceutical industry.

Europe was the largest regional market in 2018 owing to increasing demand for natural food color owing to stringent food safety regulations. Many countries of Europe have been the largest exporters of bakery and confectionary products. Belgium was found to be one of the largest producers of chocolates and candies in Europe. This, in turn, will boost demand for oil dispersible color in the region. Asia Pacific is estimated to be the fastest growing market for oil dispersible color due to increase in awareness related to negative effects of artificial coloring and growing demand from the cosmetic and pharmaceutical industries.

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

Further key findings from the report suggest:

The natural product segment dominated the global oil dispersible color market with an overall revenue share of 81.8% in 2018. The synthetic segment is anticipated to ascend at a CAGR of 4.9% over the forecast period
The food and beverages application segment was valued at USD 478.5 million in 2018 and is projected to exhibit high growth in the next few years
Asia Pacific is anticipated to be the fastest growing market, expanding at a CAGR of 7.0% during the forecast period. China is the largest consumer due to growing demand from the food and beverages industry
Key industry players include DDW The Colour House; Archer Daniels Midland; Naturex; Chr. Hansen Holding A/S; Symrise; GNT International B.V.; Sensient Technologies Corporation; McCormick; Kalsec, Inc.; San-Ei Gen; and Colour Garden
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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https://www.grandviewresearch.com/industry-analysis/coffee-beans-market

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.