The global natural food colors market size was valued at USD 1.5 billion in 2017 and is anticipated to exhibit a CAGR of 6.7% during the forecast period. Rising preference for natural products over artificial coloring agents is projected to drive the market. Synthetic food colors can lead to health hazards such as tumors, kidney damages, and different types of allergies. Increasing consumer awareness about the benefits of natural ingredients over harmful artificial products is expected to augment product demand in near future.
The global flavors and fragrances market size was valued at USD 18.61 billion in 2015. It is anticipated to expand at a substantial CAGR of 4.5% during the forecast period. Growing demand for food and beverage and natural personal care products created using various aromatic compounds and essential oils is expected to drive the market in near future. Rising demand from cosmetics and toiletries and food and beverages is anticipated to drive the global market at a notable pace.
The global omega 3 supplement market size was valued at USD 34.83 billion in 2017. It is likely to reach USD 57.06 billion by 2025; thereby exhibiting a CAGR of more than 6.0% over the forecast period. Increasing awareness regarding healthy lifestyle coupled with prevalence of obesity is expected to fuel demand in the forthcoming years. In 2014, approximately 9.8 million men and 20 million women were obese in India. Rapid surge in obesity is expected to encourage the concerned population to adopt healthy lifestyle.
The global beta carotene market size was valued at USD 466.7 million in 2017. It is anticipated to expand at an estimated CAGR of 4.1% over the forecast period. Emphasis on natural source products and rising health concerns globally have resulted in steady rise in demand for the product. Furthermore, shift in consumer preference from synthetic to natural product is a key factor driving demand for beta carotene.
The U.S. healthy snacks market size accounted for USD 3.58 billion in 2017. The market is majorly driven by growing demand owing to busy consumer lifestyle. Increasing awareness about health and wellness benefits offered by these products is anticipated to further fuel growth over the forecast years.
The Japanese confectionery market was valued at USD 10.29 billion in the year 2017 and is expected to grow over the forecast period. Increasing awareness related to the health benefits of chocolates among the Japanese consumer is the key factor expected to driving the growth of the market in the projected period. Japanese people are more health conscious and prefer healthy products. Cocao is the fine blend of minerals such as iron, calcium and magnesium which helps in reducing obesity, cancer, fat deposition in arteries, blood pressure, as well as minimizes stress and is also effective in allergy.
The U.S. online grocery retail market size accounted for USD 13.89 billion in 2017. Grocery e-commerce in U.S. holds high potential, especially with rapid technological advancements and high acceptance of new technologies and concepts among the populace. Increasing number of retailers and advantage of real-time comparison between offerings from various retailers are also expected to stimulate the growth of the market. For instance, in 2015, around 31.0% of U.S. grocery shoppers purchased grocery online.
The U.S. savory snacks market size was valued at USD 33.26 billion in 2017. Changing taste preferences of younger generation is expected to contribute to market growth. Manufacturing companies are trying to edge over their contemporaries through innovation as well as catering to needs of health conscious customers with introduction of gluten-free, low-calorie, and low-fat products. Young generation is inclining towards snacks in between meals to get energy and satisfy cravings. Savory snacks are enjoyed on various occasions by all age groups across the U.S.
The U.S. organic food market size was valued at USD 43.7 billion in 2017 and is expected to grow over the forecast period owing to rising demand from health-conscious consumers. Moreover, increasing cultivation of organic produce through sustainable farming practices is expected to contribute to market growth.
Canada alcoholic drinks market was estimated to account for a value of USD 26.80 billion in 2017. The Canada alcoholic beverages Industry has witnessed steady growth over the past few years as the country has a matured market. However, the slow growth is attributed to the increasing investments, changing government regulations and shifting consumer preferences. For instance, the beer sales witnessed decline over the past years whereas, the wine and spirits sales witnessed a gradual surge owing to increasing inclination of consumers.
The Australia alcoholic drinks market size was valued at USD 28.89 billion in 2017 and is expected to witness a significant growth, pertaining to the growing drinking population and premiumisation effect in the country. The topmost 20% of the population falling under drinking-age in 2013 consumed about three-fourth of the total alcohol produced and the highest 5% ingested more than a third of the total production.
Brazil ice cream market size was estimated at USD 6.14 billion in 2017 and is expected to grow over the forecast period. The growth is largely attributed to the rising disposable income of the country’s population coupled with the shift in consumer taste preferences towards ice creams and other frozen desserts. The market growth is derived by the mounting demand for confectionery products and frozen sweet dishes.
China ice cream market is estimated to account for a value of at USD 10.5 Billion in 2017 and is expected to grow further over the forecast period. This growth is determined by the mounting demand for confectionery products and frozen sweet dishes together with the expected increase in consumer spending over the coming years. In addition to this, rising consumer consumption and drastic development of manufacturing capabilities are projected to provide large impetus to market growth.
Germany organic food market was estimated to account for a value of USD 11.4 billion in 2017 and is expected to exhibit a significant growth over the forecast period owing to the increasing demand from the consumers having high spending power. For instance,in 2015, Germany’s per capita average annual income was USD 31,925. The changing lifestyle of consumers and healthy food preferences are expected to influence the growth of the organic foods market in Germany.
The Netherlands frozen food market was valued at USD 1.35 billion in 2016 and is anticipated to grow on account of rising concern of healthy and nutritious food. Consumer search for fresh, nutritious and gluten free food products which indeed is anticipated to add this food products market growth. Increasing population of working women have less time for house chores such as cooking which in turn is projected to have positive impact on the market growth.
Singapore frozen food market was valued at USD 113.4 million in the year 2016. Being located on major sea and air routes within Asia Pacific region has benefitted and contributed to making it a regional headquarter for financial companies as well as food and agriculture-related companies. The country has no local agriculture production owing to unfavourable land conditions hence the country entirely depends on imports for all food requirements.
South Korea frozen food market was estimated to be worth USD 1,313.0 million in the year 2016. The market for frozen food products is growing fast in South Korea owing to new social trend in which people are choosing to live and eat alone. Microwavable dishes are perceived as handy for students living alone or working mothers. Convenience and attractive price range are among the key drivers for the growth of frozen food products in South Korea.
Italy confectionery market was estimated to account for a value of USD 5.39 billion in 2017 and is expected to exhibit growth over the forecast period to increasing spending power of consumers. There are numerous players in the Italy confectionery industry such as Perfetti Van Melle, Nestle, Fererro, Mars, Wrigley, Barry Callebaut, Leaf Italia, Alfred Ritter, Haribo. Perfetti Van Melle is the leading player in the sugar confectionery segment accounting for approximately 30% of market share.
Frozen food market in Japan was valued at USD 4,864.4 million in the year 2016. The trade barriers in this country is considerably less strict and there are four basic laws pertaining to food safety and standards. Every time a new food product is shipped to Japan, the product has to go undergo four laws which include Food Sanitation Law, the Food Safety Basic Law, Japan Agricultural Standards Law, and Health Promotion Law.
India frozen food market was valued at USD 485.7 million in the year 2016. Indian market for processed food has witnessed the entry of many brands that are offering a variety of products across different processed food categories.
Indonesia frozen food market was estimated to be worth USD 447.6 million in the year 2016. The key trend in the market of Indonesia is consumption of nutritional and high-quality food items.
The Germany frozen food market was valued at USD 11.76 billion in 2016 and is expected to grow over the forecast period.
The China frozen food market was valued at USD 14,018.8 million in the year 2016 and is expected to grow over the forecast period, driven primarily by an increase in demand for frozen food owing to growing urbanization that has led Chinese people to favour western style dishes and food habits.
The global fruit preparation market was valued at USD 6,670.3 million in 2016 and is expected to grow over the forecast period.
Turkey frozen food market is expected to exhibit strong growth over the forecast period. Increasing disposable income, growing economy and increasing population of working women are the main factors increasing the demand for the frozen food market in the Turkey. Increasing population will lead to the growth in demand for food which in turn is expected to provide lucrative opportunity for the growth of frozen food market in the country.
The frozen food market in the U.S. is expected to grow in near future owing to increasing disposable income, changing lifestyle and time crunch for daily house chores such as cooking. Increasing women in corporate world, growing number of small families and single living people are the factors expected to drive the frozen food market in the U.S. over the forecast period. Frozen food products are easy to store, easy to carry and use.
The France frozen food market is estimated to grow at a substantial rate on account of the increasing consumption of frozen food by working population coupled with the changing taste trends among the French people.The market growth is derived by various advantages offered by frozen food as compared to the other unhealthy fast foods in the market.
Frozen food market in Europe is expected to show slow growth in the foreseeable future owing to maturing market in developed European countries such as Germany and U.K. Increasing disposable income, growing demand for nutritious & healthy food products are the main factors driving the growth of frozen food market in the Europe over the forecast period.
Scandinavia countries have relative small food market compared to western European countries owing to the lower population. Frozen food market in Scandinavia countries is expected to show significant growth in the near future owing to the increasing penetration of frozen food retailer such as Picard.
The market for UK frozen food is anticipated to grow during the forecast period on an account of rising applications of frozen food in multiple applications. Growing number of working population in the country is the key growth factor contributing to the market growth.The frozen food undergoes a process of rapid freezing and is kept for freezing at the temperature which helps the moisture to remain in solid state.
Dried flowers have great demand both in Indian and global markets. From India, it is being sent out to nations like USA, Japan and Europe. India stands first in Dried flowers because of the availability of the variety of plants.
The global halal market size was estimated at USD 5.73 trillion in 2016 is likely to grow substantially due to the increasing population of Muslims across the globe.
The global halal food market is expected to reach USD 2.55 trillion by 2024. The growing demand for the consumption by other communities is a leading factor which is anticipated to fuel market growth over the forecast period.
The global animal feed enzymes market size is expected to witness tremendous growth over the coming years owing to growing meat consumption. These food supplements help in enhancing nutritional value in bodies of farmed animals, who do not receive sufficient value from regular meals. These nutrients include vitamins, amino acids, minerals, and fatty acids.
The instant noodles were created by Momofuku Ando of Nissin Foods in Japan.They were presented in 1958 with the brand name Chikin Ramen. Nissin presented Cup Noodles, a dehydrated noodle slab, in a polystyrene cup. It was mentioned as Cup Ramen in Japan,in the year 1971. Instant noodles are promoted internationally under numerous brand labels.
Organic coconut oil consists of saturated fat but contains medium-chain fatty acids (MCFAs) that can improve health in a number of ways. The medium-chain fatty acids (MCFAs) can be easily digested and also these fatty acids are immediately converted into energy rather than being stored in your body as fat.
For a product to be called organic, it has to be produced according to a number of rules that define a minimum standard. Organic cows must eat a natural, grass-based 100% organic diet, and not pushed beyond their natural limits.
Global galacto-oligosaccharides (GOS) market size is expected to reach 175.66 kilo tons by 2020, growing at a CAGR of 9.3% from 2014 to 2020.
Global aquafeed market size is expected to reach 96.3 million tons by 2022, growing at a CAGR of 11.1% from 2015 to 2022. Global aquafeed additives market size is likely to be worth USD 1.2 billion by 2022.
Animal feed organic trace minerals market is expected to witness growth due to higher bioavailability in comparison to inorganic trace minerals. Market revenue could be in excess of USD 600 million by 2020 due to its benefits in enhancing animal health and productivity. Animal, as a protein source is anticipated to drive market for animal meat around the world, which in turn will increase the demand for organic trace mineral market. Strict rules & regulation imposed by FDA and REACH have been a major restraint for the market.