Organic Liquid Soap Market Size Worth $117.5 Million By 2027

The global organic liquid soaps market size is anticipated to reach USD 117.5 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.9% from 2020 to 2027. Demand for the product is driven by rising consumer awareness regarding the harmful effects of soaps manufactured using synthetic ingredients. At a macro level, increasing product availability across all distribution channels continues to capture consumer interest worldwide.

Despite its organic halo, consumers prefer organic liquid soaps due to their beneficial properties, including anti-bacterial properties and soothing fragrances. These products are available in a wide variety of packaging options, such as glass/plastic bottles and spouted pouches. Prominent brands worldwide continue to opt for spouted pouches owing to its convenience of use. In the near term, brands are likely to employ sustainable packaging materials due to rising global concerns regarding the production and consumption of plastic-based packaging products.

Organic liquid soaps have been posing a significant threat to conventional bathing bars over the years. At a broad level, advancements in innovative dispenser systems are likely to create a healthy demand for the product in the foreseeable future. In addition, prominent industry players have been launching innovative products with customizable soap bases to attract a varied set of consumers. Such factors are expected to fuel the product demand in the near term.

North America emerged as the largest market for organic liquid soaps in 2019. This region is forecast to retain its pole position throughout the forecast timeframe, given the rising popularity of liquid-based hygiene products among an expanding consumer base. The U.S. is anticipated to remain the most prominent market within North America throughout the forecast period. The presence of stringent regulations regarding personal hygiene, most notably in the healthcare sector, is expected to strengthen the market position of North America in the foreseeable future.

The market is characterized by intense competitive rivalry, with both domestic and internationally-renowned players sharing the market space. In the coming years, market participants are likely to focus on offering customized products to their customers to remain competitive.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/organic-liquid-soaps-market

Further key findings from the study suggest:

In terms of application, the household segment accounted for 61.8% share of the overall revenue in 2019
North America held the largest share of 31.5% in 2019 owing to the increasing popularity of liquid-based hygiene products among consumers
Product innovation emerged as the key strategy deployed by the majority of market players to stay abreast of the competition.

Household Aluminum Foil Market Size Worth $1.6 Billion By 2025

The global household aluminum foils market size is expected to reach USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.3% over the forecast period. Rising demand for home cooked packed food at workplace among young working class population is expected to have a positive impact. Furthermore, rising awareness regarding the hazardous chemical effects associated with the plastic packaged product is expected to promote the use of aluminum foils as packaging alternatives. Consumer prefers to use non sticky foil for lining pans and freezer storage. It is also an ideal option for oven use due to its ability to preserve the flavor of foods as well as save the cleanup time.

The unprinted product segment was the largest category, generating a revenue of USD 938.7 million in 2018. The product is preferred over other packaging material due to its flexibility. Furthermore, increasing consumer awareness regarding plastic free products is driving the consumers to choose cost effective food packaging alternatives for daily use.

The supermarkets and hypermarkets category emerged as the largest segment, accounting for over 50.0% share of the global revenue in 2018. The consumer prefers to purchase from supermarkets due to the availability of a wide range of products in the same selling window. It has been observed that majority of the consumers prefer this channel due to the availability of branded as well as local products.

Asia Pacific accounted for more than 30.0% share of the global revenue in 2018. Increasing consumer awareness regarding healthy home cooked food packaging in emerging economies including China and India is driving the demand of household aluminum foils. Furthermore, growing disposable income in emerging economies including China and India is driving the household aluminum foil market. China was the largest consumer in Asia Pacific, generating a revenue of USD 113.0 million in 2018.

Key industry participants include Alufoil Products Pvt. Ltd.; Carcano Antonio S.p.A.; Alcoa Corporation; Aluflexpack group; Cofresco S.r.l.; Flexifoil Packaging Pvt. Ltd.; Eurofoil; Amcor Limited; Reynolds Group Holdings; Aditya Birla Management Corporation Pvt. Ltd.; and All Foils, Inc. Companies are investing in new product development and on-brand promotional activities to increase their customer reach.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/household-aluminum-foils-market

Further key findings from the report suggest:

By product, the printed segment is projected to ascend at a CAGR of 7.1% from 2019 to 2025
The online segment is anticipated to expand at the fastest CAGR of 7.3% in the forecast period
North America is anticipated to expand at a CAGR of 6.7% from 2019 to 2025.

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

Frozen Bakery Market Size Worth $10.50 Billion by 2025

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