#Non-dairy Ice Cream Market outlook

[tamanna31]

Asia Pacific Ice Cream 2024 Industry – Challenges, Drivers, Outlook, Segmentation - Analysis to 2030

Asia Pacific Ice Cream Market

The Asia Pacific ice cream market size was estimated at USD 42.15 billion in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030. The Asia-Pacific market is experiencing growth due to consumers having higher disposable incomes and a preference for purchasing high-quality ice cream products. This growth is fueled by the increasing demand for food items like ice cream and frozen desserts in the region, with disposable income being primarily allocated towards food purchases.

The rise in ice cream production is supported by the expanding dairy market in the Asia-Pacific region. The trend of health-conscious consumers seeking ice creams with functional and health benefits is further driving the demand for high-quality products made with ingredients like mung bean and other nutritious components.

Gather more insights about the market drivers, restrains and growth of the Asia Pacific Ice Cream Market

The increasing popularity of premium ice creams in the region is anticipated to be a key driver for market growth. Manufacturers are introducing new ice cream innovations, like sugar-free plant-based varieties, to cater to consumer preferences, thereby fueling the market growth of the Asia Pacific ice cream industry in the forecast period. In March 2024, Eclipse Foods, the plant-based ice cream brand known for its commitment to replicating the creamy texture and rich flavors of traditional dairy, launched its latest innovation: Eclipse Bonbons. This exciting new line takes the brand's signature non-dairy ice cream to a whole new level of indulgence, offering a luxurious treat that rivals the most decadent chocolate-covered ice cream bonbons.

Major players in the Asia Pacific market are investing heavily in research and development to introduce new and innovative flavor varieties of ice creams. In April 2024, Havmor, a brand under LOTTE Wellfood Co. Ltd, launched a fresh lineup of ice cream flavors just in time for the upcoming summer heatwave. The range features a mix of traditional favorites and contemporary twists. From classics like Shahi Kesar and Rajwadi Kulfi to modern delights such as Blueberry Cheesecake, Cookie and Cream cones, and ice cream sandwiches. It also added seasonal treats like Jaljeera & Kalakhatta, Ratnagiri Hapus, and rose-flavored ice cream for a cool and revitalizing indulgence.

The increasing expenditure on ice creams in Asian countries such as India, Japan, and New Zealand is projected to support market growth. For instance, according to Japan’s Ministry of Internal Affairs and Communications (MIC), expenditure on ice cream among Japanese consumers witnessed a 135% growth between 2011 and 2020.

Asia Pacific is characterized by an increasing demand for high-end ice creams. The changing consumption habits of consumers and the vast diversity in the region have led to the demand for varied flavor combinations and innovative ice creams. The region has also witnessed the introduction of new brands to the market, which has led to positive competition in the industry. For instance, Chicecream is a premium ice cream brand in China that focuses on high-end and creative ice creams. Founded in 2018, Chicecream was the No. 1 brand in terms of sales in the ice product sector on Tmall in 2020 and 2021. It is also immensely popular at China's annual Double 11 and 618 shopping festivals.

Browse through Grand View Research's Consumer F&B Industry Research Reports.

The global chicory coffee market size was estimated at USD 216.61 million in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2030.

The global human grade pet food market size was estimated at USD 2.41 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2024 to 2030. 

Asia Pacific Ice Cream Market Report Segmentation

This report forecasts revenue growth in Asia Pacific and country levels and provides an analysis of the latest industry trends from 2018 to 2030 in each of the sub-segments. For this study, Grand View Research has segmented the Asia Pacific ice cream market report based on source, flavor, packaging, distribution channel, and country:

Source Outlook (Volume, Million Liters; Revenue, USD Million, 2018 - 2030)

Dairy & Water-based

Vegan

Flavor Outlook (Volume, Million Liters; Revenue, USD Million, 2018 - 2030)

Vanilla

Chocolate

Fruit

Cookie & Cream

Nut

Others

Packaging Outlook (Volume, Million Liters; Revenue, USD Million, 2018 - 2030)

Cartons

Tubs

Cups

Cones

Bars

Distribution Channel Outlook (Volume, Million Liters; Revenue, USD Million, 2018 - 2030)

Hypermarkets & Supermarkets

Convenience Stores

Ice Cream Parlor

Online

Others

Country Outlook (Volume, Million Liters; Revenue, USD Million, 2018 - 2030)

Hong Kong

Taiwan

South Korea

Thailand

Singapore

Indonesia

Australia

New Zealand

Japan

Key Asia Pacific Ice Cream Companies:

Nestle SA

General Mills Inc.

Appolo Ice Cream Co Ltd;

Unilever PLC

Yili Group

CAMPINA ICE CREAM INDUSTRY Tbk.

Diamond Food Indonesia

Dairy Bell Ice Cream

PT. United Family Food

Froneri International Limited

Recent Developments

In January 2024, Singapore's OATSIDE has recently broadened its range by introducing a new line of ice cream, leveraging its distinctive oat milk as the primary component. This fresh ice cream collection is currently offered in three flavors: chocolate, peanut butter cookie dough, and coffee with mini chocolate chips

In March 2023, Chinese dairy giant Mengniuhas taken a significant step in expanding its global reach with the completion of the most extensive smart ice cream factory in Southeast Asia (ASEAN). This new facility, operated by its subsidiary brand Aice Group, marks a historic moment for the Philippines - it is the country's first intelligent ice cream factory

In March 2023, Healthy ice cream brand NOTO introduced three new Indian-flavored gelatos that are denser, richer, and creamier, containing half the fat and sugar. Each of these flavors has a significant historical connection with the Indian palate, resonating deeply with consumers.

Order a free sample PDF of the Asia Pacific Ice Cream Market Intelligence Study, published by Grand View Research.

[siva621]

China Ice Cream Market : A Comprehensive Overview

Introduction

In the heart of Asia, China stands not only as a global economic powerhouse but also as a dynamic player in the ever-evolving ice cream market. As dessert aficionados embrace a sweet tooth, the China Ice Cream Market has undergone a fascinating journey, blending tradition with innovation.

Historical Perspective

The roots of China's love affair with ice cream can be traced back through decades, mirroring the country's economic transformation. From modest beginnings to a booming industry, the evolution of ice cream consumption reflects societal changes and an increasing disposable income.

Current Market Trends

Flavor Frenzy

Chinese consumers today are spoiled for choice when it comes to ice cream flavors. From classic vanilla to exotic durian, the market caters to diverse tastes, making flavor exploration a delightful journey for ice cream enthusiasts.

Emerging Preferences

The younger demographic, influenced by global trends, is shaping the market with a demand for innovative products. Non-traditional flavors, unique textures, and visually appealing treats are gaining popularity.

Key Players

Leading the charge in this frozen delight arena are renowned brands like Mengniu, Yili, and Nestle. The competitive landscape fosters innovation, as companies vie for the attention of the discerning Chinese consumer.

Regional Variations

China's vast landscape contributes to regional variations in ice cream preferences. Northern regions may favor hearty, dairy-rich options, while the south might lean towards lighter, fruit-based choices.

Innovations in Ice Cream

The industry is witnessing a surge in creativity, with companies introducing novel flavors and formats. Ice cream filled pastries, liquid nitrogen-frozen treats, and even savory ice creams are captivating the adventurous taste buds.

Consumer Behavior

Beyond taste, factors like brand loyalty, packaging aesthetics, and health-conscious choices influence consumer decisions. Ice cream is not just a dessert; it's an experience, and consumers are increasingly seeking value beyond the product itself.

Health and Wellness Trends

As health consciousness sweeps the nation, the ice cream market is responding with alternative options. Low-sugar, dairy-free, and plant-based alternatives are gaining traction, catering to a more health-conscious consumer base.

Distribution Channels

Traditionally sold in local convenience stores and street vendors, ice cream distribution has expanded to include e-commerce platforms. Online sales and home delivery options are on the rise, offering consumers greater convenience.

Challenges and Opportunities

While the market thrives, challenges such as seasonality, logistics, and stringent regulations persist. However, these challenges also present opportunities for innovative solutions and market growth.

Government Regulations

Stringent regulations govern food production in China, and the ice cream industry is no exception. Compliance with quality standards and food safety measures is paramount for manufacturers.

Social Media Influence

In an era dominated by social media, ice cream brands leverage platforms like WeChat and Douyin to engage consumers. Interactive campaigns, influencers, and visually appealing content play a crucial role in brand positioning.

Environmental Considerations

With increasing environmental awareness, ice cream manufacturers are adopting sustainable practices. Biodegradable packaging, eco-friendly sourcing, and reduced carbon footprints are becoming priorities for the industry.

Future Outlook

The Chinese ice cream market shows no signs of cooling down. Anticipated trends include further diversification of flavors, increased focus on health-conscious options, and a continued shift towards online sales.

Conclusion

In conclusion, the China Ice Cream Market is a melting pot of tradition, innovation, and changing consumer dynamics. As global influences and local preferences converge, the future promises an exciting and dynamic landscape for ice cream enthusiasts in China.

For more insights on the China ice cream market forecast, download a free report sample

[mayurreports]

Caramel Market Trends, Share Analysis & Forecast Till 2022-2030

Market Insight

The caramel market 2022 is all set to accrue a growth rate of 5.9% from 2022 and 2030 (appraisal period), claims Market Research Future (MRFR). MRFR also adds that the global market could potentially touch USD 3.45 Billion by 2030. We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.

Top Drivers and Restraints

Owing to the worldwide lockdown due to the COVID-19 outbreak, demand for non-edible items like toilet paper, disinfectants, hand sanitizer and paper goods has mounted but sales of edible products like bakery and meat products have gone down, while the supply has also got hit given the shortage of labor. In addition, the shutdown of logistics facilities following the pandemic has slowed down the caramel market share growth, as the supply and demand gap has widened more than expected. Another factor deterring the market growth following the onset of SARS-CoV-2 is the lack of raw materials available in the market.

However, as the lockdown is being lifted up, and shops reopening, sales of bakery items has picked up once again. This has favored the sales of caramel and caramel-based products, with many people lining up to hoard these items for emergency. As a result, the rising demand from the house hold segment for caramel has benefitted the market immensely, even as the novel coronavirus continues to ravage the food and beverage industry worldwide. Besides, the growing market for confectionery goods and flavored candies among the youth and children is also expected to boost the revenue generation in the target market.

Furthermore, rising urbanization rate, consumers’ evolving buying pattern with regard to food items, and the surge in disposable income can also boost the market growth in the following years. The rise in R&D/research and development activities to come up with new products like tea-infused chocolates and java pop coffee soda also elevates the global market position.

For instance, in August 2020, Marco Sweets and Spices launched five new ice cream flavors, one of which is caramel. The said caramel flavor is a mix of sweet and spicy, combining the flavors of caramel Aleppo pepper, chile de árbol as well as peanut butter.

Segmental Insight

The caramel market trends can be considered for function, form and application.

 Colors, fillings, toppings, flavors, and others are the function-based key segments listed in the report. It is presumed that the colors segment could take the lead and hit USD 913.3 million by 2030-end, while the toppings segment can procure the highest advancement rate of 5.8% between 2018 and 2030. The escalating sales of confectionery items and ice cream have boosted the demand for caramel to be used as topping.

Form-wise, the market caters to solid & semi-solid as well as liquid. In 2017, the liquid segment claimed the leading position, while the solid & semi-solid segment will most likely obtain the better growth rate given its ease of use and the low cost of storage, transportation and packaging.

Beverages, snacks, bakery & confectionery, dairy & frozen desserts, and more are the key applications of caramel. In 2017, the highest gaining segment belonged to bakery & confectionary and the snacks segment is touted to achieve the fastest CAGR over the evaluation period.

Regional Outlook

Caramel market can be regionally considered for Europe, North America, APAC/Asia Pacific, and RoW/the rest of the world.

As of 2017, APAC has been the market leader and is also on track to advance at the highest rate of 5.9% in the coming years. The impressive market growth in APAC is the result of the evolving food buying patterns and the increasing sales of confectionery as well as bakery products. A recent trend has been the significant demand for organic and natural caramel ingredients such as organic salted caramel, organic caramel sauce and organic caramel syrup, from which the regional market is anticipated to benefit significantly over the ensuing years.

The same year, the second in lead was North America, thanks to the massive growth of the food and beverage industry in the United States and Canada.  Manufacturers of confectionery items, beverages and frozen desserts are increasing using caramel as a natural flavor and sweetener, which is leading to growth of the target market in the region. The hectic and busy lifestyle of people in the region has strongly influenced their eating and cooking habits, which has only worked in favor of the caramel market’s favor.

Top Players

Top key caramel market players listed in the report are Sethness Products Company (US), Martin Braun Backmittel and Essences KG (Germany), Cargill Incorporated (US), Kerry Group PLC (Ireland), Bakels Worldwide (Switzerland), Barry Callebaut AG (Switzerland), Nigay SAS (France), Metarom Group (France), Göteborgsfood Budapest Ltd (Hungary), Puratos NV/SA (Belgium), and more.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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[joeypetter]

Plant-Based Milk Market 2022| Future Outlook by Key Players, Size, Share and Forecast 2022-2030 By R&I

A report titled “Plant-Based Milk Market: Opportunity Analysis and Future Assessment 2022-2030” has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data. 

Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/5917

Plant-Based Milk Introduction

Plant based milk can be understood as a kind of plant beverage with a color similar to that of milk. Plant based milks are basically non-dairy beverages developed from a water-based plant extract for aroma and flavoring. Plant based milks are consumed as replacements to milk, and by and large offer a milky and buttery mouthfeel. There are roughly around 17 various kinds of plant milks; among which oat, almond, coconut, and soy are the biggest-selling all around the world. It is significant to note that plant-based beverages have been used up for centuries, with the name "milk-like plant juices", since the 13th century. In present times, they are oftentimes pertained to as alternative milk, plant-based milk, non-dairy milk or vegan milk.

Attributing to its higher nutritional values and rich in minerals, vitamins, proteins and carbohydrates, plant-based milk is broadly recognized among consumers. It has several different applications in the dairy industry, food and beverage, and cosmetic industry. By virtue of rising awareness with regard to plant milk and its nutritional values among the consumers, the global plant-based milk market is projected to grow significantly in the following years.

Wish to Know More About the Study? Click here to get a Report Description: https://reportsandinsights.com/pressrelease/plant-based-milk-market

Plant-Based Milk Market Segmentation

The global plant-based milk market is segmented on the basis of category, form, source, product type, flavor type, end use, and region.

By Category

Organic

Conventional

By Form

Liquid

Powder

By Source

Fruits

Rice

Nuts

Soy

Others

By Product Type

Soy Milk

Almond Milk

Coconut milk

Cashew Milk

Hemp Seed Milk

Rice Milk

Oat Milk

Peanut Milk

Pea Milk

Hazelnut Milk

Macadamia Milk

Flax Milk

Walnut

Other Product Types (Spelt Milk, Banana, etc.)

By Flavor Type

Original/Unflavored

Flavoured

Chocolate

Vanilla

Strawberry

Coconut

Mocha

Berry

Hazelnut

Other

By End-Use

Infant Formula

Dairy Products

Milk

Cheese

Yogurt

Butter

Spreads

Ice Cream

Frozen Dessert

Bakery & Confectionary

Milk & Milk-based Beverages

Retail Sales

By Sales Channel

Direct Sales

Indirect Sales

Modern Trade

Convenience Store

Departmental Store

Traditional Store

Specialty Store

Online Retailers

Other Sales Channel

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Plant-Based Milk Market Key Players

Some of the key participating players in global Plant-Based Milk market are:

Groupe Danone

Alpina Foods

Blue Diamond Growers, Inc.

Döhler GmbH

Earth’s Own Food Company Inc

Elden Foods Inc

Freedom Foods Group Ltd

Goya Foods

Hain Celestial Group, Inc

Kaslink Foods Oy Ltd

Living Harvest Foods Inc

Liwayway Holdings Company Limited

Mc Cormick & Co.

Natura Foods

Nutriops SL

Organic Valley.

Pacific Foods of Oregon, Inc.

To view Top Players, Segmentation and other Statistics of Plant-Based Milk Market Industry, Get Sample Report @: https://reportsandinsights.com/sample-request/5917

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[teeresearch]

Frozen Food Market - Forecast 2023 - 2028

Frozen Food Market Overview

The Frozen Food Market size is estimated to reach $383.3 billion by 2028, growing at a CAGR of 5.5% during the forecast period 2023-2028. The surging impulse buys of frozen foods are set to drive the Frozen Food Market. The soaring evolution from the sale of frozen fruits & vegetables to frozen vegetable mixes, frozen desserts and bakery products is set to propel the growth of the Frozen Food Industry during the forecast period. Frozen food products may include frozen fruits & vegetables, frozen dairy products like frozen yogurt, frozen meat & seafood and more. Only good quality raw materials can create good quick-frozen vegetables. As per Impulse Buying Statistics on Brandongaille.com, up to 20% of the average household’s grocery bill is derived from items that were bought on impulse only. Frozen foods may feature on the list of impulse buys. The frozen dessert industry has evolved to include Keto ice cream by Mammoth Creameries as well as sentimental and Gen Z-friendly Bubble Gum Ice Cream by Walmart. This represents the Frozen Food Industry Outlook.

Frozen Food Market Report Coverage

The “Frozen Food Market Report - Forecast (2023-2028)” by IndustryARC, covers an in-depth analysis of the following segments in the Frozen Food Market.

By Product Type: Frozen Fruits & Vegetables, Frozen Meat & Seafood, Frozen Cooked Ready Meals, Frozen Desserts, Frozen Snacks and Others.

By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Channels and Others.

By Geography: North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

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Key Takeaways

Geographically, Europe (Frozen Food market share) accounted for the highest revenue share in 2022 and it is poised to dominate the market over the period 2023-2028 owing to skyrocketing intake of frozen meat & seafood in the European region.

The growth of the Frozen Food Market is being driven by a soaring intake of frozen ready meals involving good quality raw materials. However, issues in the cooling chain may result in health complications which is one of the major factors hampering the growth of the Frozen Food Market.

The Frozen Food Market Detailed Analysis of the Strengths, Weaknesses and Opportunities of the prominent players operating in the market would be provided in the Frozen Food Market report.

Frozen Food Market Segment Analysis – by Product Type

The Frozen Food Market based on product type can be further segmented into Frozen Fruits & Vegetables, Frozen Meat & Seafood, Frozen Cooked Ready Meals, Frozen Desserts, Frozen Snacks and Others. The Frozen Cooked Ready Meals Segment held the largest share of the Frozen Food market in 2022. This growth is due to a surging intake of frozen cooked ready meals amidst the growing working class across the world. The soaring novel product launches are further propelling the growth of the Frozen Cooked Ready Meals segment. Furthermore, the Frozen Fruits & Vegetable segment is estimated to grow at the fastest CAGR of 6.3% during the forecast period 2023-2028 due to the increasing inclination of consumers towards frozen fruits & vegetables attributed to the non-requirement of washing, peeling and chopping amidst the increasing predominance of lifestyle ailments.

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Frozen Food Market Segment Analysis - by Distribution Channel 

The Frozen Food Market based on distribution channels can be further segmented into Supermarkets and Hypermarkets, Convenience Stores, Online Channels and Others. The Supermarkets and Hypermarkets Segment held the largest share of the Frozen Food market in 2022. This growth is owing to the surging count of these stores across different regions, marketing distinct frozen products like frozen meat & seafood, frozen dairy products and more. The effortless access to frozen products under one roof is further propelling the growth of this segment. Furthermore, the Online Channels segment is estimated to grow at the fastest CAGR of 6.5% during the forecast period 2023-2028 owing to the skyrocketing application of eCommerce-based websites for the purchase of frozen products like frozen meat & seafood, frozen dairy products, frozen fruits & vegetables and frozen desserts online at just click of a button.

Frozen Food Market Segment Analysis - by Geography

Europe dominated the Frozen Food market with a 37% share of the overall market in 2022. The growth of this region is driven by enhanced living standards in the European region. The soaring demand for frozen food products made from good quality raw materials is further propelling the growth of the Frozen Food Industry, thereby contributing to the Frozen Food Industry Outlook, in the European region. Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR over the forecast period 2023-2028. This growth is fueled by factors like the increasing demand for frozen dairy products in the Asia-Pacific region. The rising accessibility of dairy-free, vegan, sugar-free, gluten-free and plant-based products is further fueling the progress of the Frozen Food Market in the Asia-Pacific region.

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Frozen Food Market Drivers

Surging Innovations in Frozen Fruits & Vegetables:

Frozen fruits are stored at about 20°C for application whenever needed. Innovation around health indicated an idea of “low” or “free” like “low fat” and “fat free” products. There are products enhanced with fiber, probiotics, vitamins and minerals. There are products presumed to “naturally” offer advantages. This is accomplished by the application of specific constituents like “superfruits” like acai, goji, guarana and more; “supervegetables” like kale, cabbage kale, garlic and more and “supergrains” like chia, sesame, buckwheat and more. The surging innovations in frozen fruits & vegetables are therefore fueling the growth of the Frozen Food Market during the forecast period 2023-2028.

Novel Product Launches Pertaining to Packaging Materials for Frozen Food Products:

In June 2022, Walki introduced novel recyclable packaging materials for frozen food products. The novel materials are anticipated to fit the requirements of the frozen food industry, with a target to make the packaging 100% recyclable in the paper stream. Walki’s novel series involves Walki EVO Seal and Walki Opti Seal which are recyclable paper-based packaging aimed for pillow pouches for frozen food. As per the company, both materials are appropriate for all types of frozen food, involving vegetables, seafood and bakery products. The novel product launches pertaining to packaging materials for frozen food products are propelling the growth of the Frozen Food Industry, thereby contributing to the Frozen Food Industry Outlook during the forecast period 2023-2028.

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Frozen Food Market Challenge

Taste of Frozen Food Not as Great as Fresh Food:

As per Seafood Consumption Statistics on Brandongaille, 75% of the seafood that is consumed in the U.S. is either fresh or frozen. Frozen food may not taste as great as fresh food. There are restricted assortments of frozen dishes. Texture may be changed when freezing food. The food in the freezer may be out of one’s mind for numerous years. If the food is deposited in the freezer for too long, it may no longer be edible or at least, it may no longer taste that good. Certain frozen dishes include preservatives. Certain foods may lose valued nutrients and vitamins. These issues are thus hampering the growth of the Frozen Food Market.

Key Market Players 

Novel product launches, partnerships, acquisitions, expansions and investments are key strategies adopted by players in the Frozen Food Market. The top 10 companies in the Frozen Food market are:

Unilever

Nestlé S.A.

General Mills, Inc.

Nomad Foods Limited

Tyson Foods, Inc.

Conagra Brands, Inc.

Wawona Frozen Foods

Kellogg Company

The Kraft Heinz Company

Lantmännen Unibake (Lantmännen Group)

Recent Developments

In October 2022, Nestlé declared plans to gain Seattle’s Best brand from Starbucks. It was to be included in the coffee portfolio involving Nescafé, Nespresso and Blue Bottle. Starbucks purchased Seattle’s Best in 2003.

In May 2022, Unilever declared that it has marked an agreement to gain a majority stake in Nutrafol. Nutrafol is the principal provider of hair wellness products. Unilever currently holds a minority stake (13.2%) in Nutrafol by way of Unilever Ventures.

In January 2021, Unilever declared 25 novel innovations across six of its packaged ice cream and frozen novelty brands. These involved Breyers®, Good Humor®, Klondike®, Magnum ice cream®, Popsicle® and Talenti® Gelato & Sorbetto. These novel creations are currently available at principal retailers countrywide in the U.S., as per a press release. 

For more Food and Beverage Market reports, please click here

[dv554822]

India Ice Cream Market To  Experience Significant Growth During The Forecast 2028

Research Nester released a report titled “India Ice Cream Market: Demand Analysis & Opportunity Outlook 2028” which delivers detailed overview of the India ice cream market in terms of market segmentation by product, by flavour, by distribution channel and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The market for ice cream in India is anticipated to grow by a significantly high CAGR of 13.22% over the forecast period, i.e., 2020-2027. The market is further estimated to reach a market value of USD 2,401.68 million by the end of this period. Ice cream is a dairy or non-dairy based frozen dessert that is flavored with a sweetener, which generally consists of sugar or an alternative flavoring ingredient. In 2017, India was the 8th largest economy in the world based on the purchasing power parity. The country has been consistently growing economically and has driven itself into the upper middle-income status in the past few years.

The market is segmented by product, by flavour, by distribution channel and by region, out of which, the product segment is further segmented into impulse ice cream, take-home ice cream and artisanal ice cream. On the basis of flavors, ice cream market in India is segmented into chocolate, vanilla, mango, orange, strawberry, butterscotch, blueberry and others. Out of these, the segment for vanilla flavored ice cream is anticipated to hold the largest market share with a market value of USD 708.97 million by the end of 2027. The segment for chocolate flavored ice cream is predicted to grow at the highest rate over the forecast period. Being one of most popular flavors, ice creams with chocolate flavor are always in a high demand in the region.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

Download Sample PDF of this Report: –https://www.researchnester.com/sample-request-2463

Availability Of Various Flavours Of Ice Cream To Expand Market Size

The availability of various flavors of ice creams and rising product innovations in the market is a major growth factor. Ice cream manufacturers are focusing on product innovation by including functional ingredients, flavors, innovative packaging, and adding texture in product formulations to meet the changing consumers’ demands. However, health concerns associated with excessive sugar intake through ice creams is predicted to be a major restricting factor for the growth of ice creams market in India.

This report also provides the existing competitive scenario of some of the key players of the India ice cream market which includes company profiling of Hindustan Unilever Limited, AMUL, Vadilal Group, Mother Dairy, Creambell, Havmor, Baskin-Robbins, HAP, Sheetal Icecreams and General Mills. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the India ice cream market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

[foodsindustry]

Frozen Yogurt Market Key Developments,  Opportunity, New Technology & impact on Market

Frozen yogurt is produced with the fermentation of milk. The emergence of vegans has led to its production using soy or almond milk as well. It served as a frozen dessert and contains potassium, calcium, and proteins. The global frozen yogurt industry report by Market Research Future (MRFR) analyzes the various facets affecting the industry for the period of 2019 to 2024 (forecast period). The impact of the COVID-19 virus on the industry has been taken into consideration.

Market Scope

The global frozen yogurt market is projected to grow at a significant rate of 4.5% over the forecast period to reach a market value of USD 8.65 billion by the end of 2024.

Huge demand for low-fat and fat-free yogurt is expected to drive the demand for frozen yogurt. Easy availability of the product in various innovative players in supermarkets and retail stores can bode well for the market sales. Players are investing in research and development of non-dairy ingredients to be used in future products. Establishment of various fro-yo stores in affluent neighborhoods coupled with its low cost can drive its growth exponentially. In addition, its ability to provide similar services to coffee shops and bakeries can strengthen its growth.

But the slowing down of the consumption of frozen yogurt can hurt the market growth in the long run.

Segmentation

The global frozen yogurt market by application, based on category, such as conventional and lactose-free.

By product type, the global frozen yogurt market has been segmented into full-fat, fat-free, and low-fat.

The global frozen yogurt market has been bifurcated, based on distribution channel, into store-based and non-store-based. The store-based segment is further segmented into supermarkets & hypermarkets, convenience stores, and others.

Regional Analysis

Globally, North America is projected to dominate the frozen yogurt market during the forecast period due to the known benefits of consuming yogurt and the growing preference for low-calorie desserts among consumers. Its popularity among new demographics and its availability in a variety of flavors in the regional market and continuous development of new flavours are anticipated to boost the frozen yogurt market in the region. Presence of prominent market players such as Chobani, LLC, General Mills, Inc., TCBY, and Menchie's are also influencing the global frozen yogurt market.

APAC is expected to register the highest CAGR in the frozen yogurt market during the forecast period. Preference for frozen yogurt as opposed to ice-cream can work in favor of the market. Increasing demand for frozen dessert among consumers and demand for lactose-free yogurt can grow due to rise of digestive disorders like lactose intolerance. Hence, many market players are offering lactose-free or dairy-free frozen yogurt for consumers with various flavors, which is further catalyzing the market growth of frozen yogurt in the region.

Competitive Outlook

Nestlé SA, TCBY, Chobani, LLC, Wells Enterprises, Yogurtland Franchising, Inc., Unilever, Menchie's, Frosty Boy, Kahala Franchising, L.L.C., Danone, Red Mango, LLC., General Mills, Inc., Gujarat Co-operative Milk Marketing Federation Ltd, Twisted Frozen Yoghurt, and 16 Handles are main players in the global frozen yogurt market. Consolidation among various players to cater to the strong demand can be witnessed in the coming years.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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Food Allergy and Intolerance Products Market - Global Industry Insights, and Opportunity Analysis, 2018-2026

Food allergy is caused due to consumption of particular food which stimulates unusual reaction in the immune system of the human body. Food tolerance is caused due to lactose, gluten and sugars and other ingredients which is oppressed by the consumption of gluten-free, sugar-free and lactose-free products such as Dr. Schar classic gluten-free hamburger buns, le veneziane spaghetti corn gluten-free pasta, dairy-free frozen desserts made with rice or soy., gelatin desserts without milk or whipped cream, fruit ices & sorbets. According to American Diabetes Association non-starchy vegetables, such as spinach, broccoli, cauliflower, mushrooms, peppers, cucumbers and celery are the one food group that diabetic patients can eat freely, with little or no limitation.

Food Allergy and Intolerance Products Market Outlook –

North America is expected to be the fastest growing market due to increasing food allergies and sensitivities in U.S. which is anticipated to drive the global food allergy and intolerance products market during the forecast period. North America is followed by Europe and Asia Pacific due to high innovations in food industry and growing consumer awareness for healthy food items among others. Rise in lactose intolerance is expected to drive the lactose free food products due to food allergy and innovations in dairy products.

Food Allergy and Intolerance Products Market Taxonomy

On the basis of product type, the global food allergy and intolerance products market is segmented into:

Diabetic Food

Diabetic Bakery Products

Diabetic Confectionery

Diabetic Spreads

Gluten-free Food

Gluten-Free Bakery Products

Gluten-Free Baby Food

Gluten-Free Pasta

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Major Keyplayers: Alpro UK Ltd., Amy's Kitchen, Inc., Barry Callebaut, Daiya Foods Inc., Doves Farm Foods Ltd., Dr. Schar, Ener-G Foods, Inc.,Galaxy Nutritional Foods, Inc.

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Soy Milk Market Trend Analysis By Share, Distribution Channel, Application & Product, 2025

The global Soy Milk Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global soy milk market was valued USD 11.08 Billion by 2025, according to Million Insights, registering a 6.1% CAGR over the forecasted period. The growing awareness on benefits of soy milk in dessert and beverage is anticipated to positively affect the global market. The availability of various flavors to enhance the taste of soy milk is projected to further drive the demand for this market among adults and children.

Key Players:

Eden Food

Organic Valley

Pureharvest

WhiteWave Foods

American Soy Products

Vitasoy International Holdings

SunOpta Inc.

Pacific Natural Foods

Panos Brands

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Growth Drivers:

Soy milk is used instead of cow milk, as it is rich in protein and contains low calories. Therefore, soy milk is mainly preferred by consumers who are health conscious. This product type also reduces cholesterol, which is highly used among heart patients. Further, growing number of people with lactose intolerant expected to drive the demand for soy milk.

Several benefits of soy milk over nutty based milk and dairy product types are expected to drive the demand for soy milk market. However, it is facing intense competition from coconut and almond milk. Hence, market players are focusing to promote their product types by organizing campaigns across globe. However, calcium soy milk is used by many people but it is not nutritional for daily consumption.

Introduction of strawberry, vanilla, chocolate flavored soya milk by the market players is expected to fuel the demand for soy milk. Hence, market players are engaged in R&D to develop nutty taste and flavors in soy milk. In addition, celebrity endorsement and brand ambassadors of product type are expected to surge the demand for this market over the forecast period, 2019-2025.

Product Type Outlook:

Flavored

Unflavored

Among product type, unflavored segment dominated the global market, in 2018, as most of the favors are artificial. Many market players produce soy milk by adding calcium and other nutritional ingredients to increase consumption among consumers.

However, growing trend of flavored soy milk is expected to grow with highest CAGR of 6.3% over the forecast period, 2019-2025. Flavored based soy milk gives nutty taste to it which is majorly preferred by youngsters. Hence, manufacturers are focusing to produce flavored soy milk with chocolate and vanilla flavors and distributing it with attractive packaging.

Application Outlook:

Desserts

Cheese and Snacks

Beverages

In 2018, beverage segment held around 42.0% of the total market share. Soy milk is used as substitute of dairy products. It is also used for infant, as it is highly rich in proteins. Dessert segment is projected to grow with highest CAGR at 6.6% over the forecast period 2019-2025. This is mainly attributed to high consumption of this product type in ice creams, smoothies across various countries.

Regional Outlook:

Geographically, Asia Pacific has dominated the global soy milk market due to the increasing number of users from various countries such as China, India, Hong Kong and South Korea. In addition, high production of soy milk in emerging countries is propelling the demand among consumers.

North America is fastest growing region due to the increasing usage of non-dairy product types. This market has high competition with nut-based milk, especially in U.S. However, due to additional benefits of soymilk, consumers are preferring it over traditional milk. In Europe, countries such as U.K and Germany are focusing on healthy food and there is a growth in spending over on non-dairy dessert products.

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Potassium Citrate Market Driving Factors and Forecast Analysis Report till 2025

September 27, 2021: Global Potassium Citrate Market size is expected to reach USD 868.9 million by 2025. Potassium citrate is a tribasic potassium salt of citric acid with the molecular formula “K3C6H5O7”. It is also known as “tripotassium citrate”. It is a white, hygroscopic crystalline powder. It is odorless with a saline taste. Potassium is an essential mineral which is found in many foods and is needed for the maintenance of total body fluid volume, normal cell function, and acid & electrolyte balance. The potassium citrate market is expected to witness a 3.7% CAGR in the years to come.

Potassium citrate is used to treat a kidney stone condition called “renal tubular acidosis”. Also, it is used as an alkalizing agent in the treatment of mild urinary tract infections such as cystitis. It acts as a cleansing agent in various other industries. Potassium citrate is used in baby products, bath products, make-up, detergents & soaps, hair & skin care products and hair dyes & colors.

Potassium citrate is used in various industries such as food & beverage, pharmaceutical, personal care and others. The “food & beverage” industry is expected to hold the largest market share in the upcoming period due to growing M&A activities and emergence of new economies in the sector. Moreover, growing purchasing power in developing nations such as India, Indonesia, Brazil, Thailand, and China are expected to boost the market growth in the next couple of years. Also, potassium citrate is used as an acid regulator, buffering agent and preservative in various products including baby food, dairy, infant formula, snacks, cereals, dessert, ice cream and carbonated soft drinks.

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Functions such as emulsification, acidification, and others could be explored in potassium citrate industry. The “emulsifier” segment is projected to grow at a high CAGR in the upcoming period owing to the increasing utilization of emulsifiers in several food products including creamy sauce, margarine, candy, mayonnaise, confectionery & baked goods and packaged processed foods. Emulsifiers perform various functions such as potassium fortification, treatment of kidney stones & bladder infection and as a sequestering agent.

The factors that play an important role in the growth of market include increasing demand, growing population, increasing urbanization & industrialization, increasing buyer demand for non-GMO potassium citrate products, growing demand from end use industries for sodium citrate, increasing awareness about benefits of low sodium levels in food and growing foods & beverages industry. Moreover, the increasing demand for potassium citrate due to its superior properties such as high chemical & microbiological stability, high water solubility and outstanding biodegradability is expected to propel market growth in the coming years.

However, risk and side effects of potassium citrate used in food & other products is negatively impacting the growth of potassium citrate industry. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product type, function, application and geography. The market is classified into product type such as monohydrate, anhydrous and others.

Asia Pacific is dominating the large market share in the next couple of years due to growing usage of cosmetic products such as makeup, sunscreens, lotions & cream among the younger population in India and China. Moreover, growing demand for potassium citrate due to its properties such as pH buffering, potassium fortification, enhancement of stability & complexity and ability to act as a systemic alkalizer in pet food and feed are expected to boost the market growth in this region.

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The key players contributing to the robust development of the potassium citrate market include Gadot Biochemical Industries Ltd., Evonik Industries AG, BASF SE, Archer Daniels Midland Company, Baker Hughes Incorporated, FBC Industries Inc., Cargill Incorporated., The International Group Inc., American Tartaric Products Inc., Jungbunzlauer Company, Foodchem International Corporation and Tate & Lyle. These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Potassium Citrate Function Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Acidulant

• Emulsifier

• Diuretic

• Others

Potassium Citrate Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

• Food & Beverage

• Pharmaceutical

• Personal Care

• Others

Potassium Citrate Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• North America

• U.S.

• Europe

• Germany

• France

• Asia Pacific

• China

• India

• Central & South America

• Brazil

• Middle East & Africa

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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Research Support Specialist, USA

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Dairy Blends Market Anticipated To Show Healthy Growth And Be Worth $6.1 Billion By 2025

The global dairy blends market size is expected to reach USD 6.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.9% over the forecast period. The market is expected to witness significant growth due to increase in consumption of dairy products with high nutritional value. Dairy blends are low fat and cost effective alternatives to milk and butter. This is expected to increase market growth and drive the demand in the projected period.

Powdered dairy blends accounted for the largest market share owing to rapid adoption of the product in developed regions like North America and Europe. High product awareness among the population of these regions is expected to propel market growth during the forecast period. However, use of spreadable blends is increasing significantly. They are used in day-to-day consumption as alternatives to butter. Rise in other applications of these products such as sauces and salad toppings is expected to positively influence market growth in the next few years.

Bakery products occupied the maximum market share owing to increase in the overall bakery market and consumer preference for healthy bakery options. However, consumption of dairy blends has witnessed significant growth in infant formulas owing to high nutritional value. This is anticipated to fuel market growth over the next few years.

Asia Pacific held the largest market share in 2018 due to presence of the major dairy manufacturers in Australia and New Zealand. This region is also anticipated to witness substantial growth owing to increasing birth rates, which will propel the demand for infant formulas. However, North America and Europe are anticipated to witness steady growth due to strict regulations on food blends and infant foods. Other regions of the world are expected to witness less demand for the product due to lack of awareness.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/dairy-blends-market

Further key findings from the report suggest:

Based on product form, the liquid segment is projected to ascend at a CAGR of 5.6% over the forecast period

Manufacturers are focusing on non-dairy blends like soy-based to cater to the needs of health conscious consumers. Additionally, dairy prices are expected to increase significantly during the forecast period, which may hamper dairy blends market growth

In May 2018, Arla Groups, U.K. launched Lurpak Softest, a new soft spreadable blend that can be used as an alternative to butter

Increasing urbanization and high product awareness in countries like Brazil are anticipated to fuel market growth during the forecast period.

Grand View Research has segmented the global dairy blends market on the basis of product form, application, and region:

Dairy Blends Product Form Outlook (Revenue, USD Million, 2015 - 2025)

Spreadable

Powder

Liquid

Dairy Blends Application Outlook (Revenue, USD Million, 2015 - 2025)

Ice Cream

Infant Formula

Bakery Products

Other

Dairy Blends Regional Outlook (Revenue, USD Million, 2015 - 2025)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

U.S.

Germany

U.K.

China

India

Brazil

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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Frozen Yogurt Market Share, Trends, Future insights and Research Methodology

Frozen yogurt is produced with the fermentation of milk. The emergence of vegans has led to its production using soy or almond milk as well. It served as a frozen dessert and contains potassium, calcium, and proteins. The global frozen yogurt market report by Market Research Future (MRFR) analyzes the various facets affecting the industry for the period of 2019 to 2024 (forecast period). The impact of the COVID-19 virus on the industry has been taken into consideration.

Market Scope

The global frozen yogurt market share is projected to grow at a significant rate of 4.5% over the forecast period to reach a market value of USD 8.65 billion by the end of 2024.

Huge demand for low-fat and fat-free yogurt is expected to drive the demand for frozen yogurt. Easy availability of the product in various innovative players in supermarkets and retail stores can bode well for the market sales. Players are investing in research and development of non-dairy ingredients to be used in future products. Establishment of various fro-yo stores in affluent neighborhoods coupled with its low cost can drive its growth exponentially. In addition, its ability to provide similar services to coffee shops and bakeries can strengthen its growth.

But the slowing down of the consumption of frozen yogurt can hurt the market growth in the long run.

Segmentation

The global frozen yogurt market has been divided, based on category, such as conventional and lactose-free.

By product type, the global frozen yogurt market has been segmented into full-fat, fat-free, and low-fat.

The global frozen yogurt market has been bifurcated, based on distribution channel, into store-based and non-store-based. The store-based segment is further segmented into supermarkets & hypermarkets, convenience stores, and others.

Regional Analysis

Globally, North America is projected to dominate the frozen yogurt market during the forecast period due to the known benefits of consuming yogurt and the growing preference for low-calorie desserts among consumers. Its popularity among new demographics and its availability in a variety of flavors in the regional market and continuous development of new flavours are anticipated to boost the frozen yogurt market in the region. Presence of prominent market players such as Chobani, LLC, General Mills, Inc., TCBY, and Menchie's are also influencing the global frozen yogurt market.

APAC is expected to register the highest CAGR in the frozen yogurt market during the forecast period. Preference for frozen yogurt as opposed to ice-cream can work in favor of the market. Increasing demand for frozen dessert among consumers and demand for lactose-free yogurt can grow due to rise of digestive disorders like lactose intolerance. Hence, many market players are offering lactose-free or dairy-free frozen yogurt for consumers with various flavors, which is further catalyzing the market growth of frozen yogurt in the region.

To get more info: https://www.marketresearchfuture.com/press-release/frozen-yogurt-market

Competitive Outlook

Nestlé SA, TCBY, Chobani, LLC, Wells Enterprises, Yogurtland Franchising, Inc., Unilever, Menchie's, Frosty Boy, Kahala Franchising, L.L.C., Danone, Red Mango, LLC., General Mills, Inc., Gujarat Co-operative Milk Marketing Federation Ltd, Twisted Frozen Yoghurt, and 16 Handles are main players in the global frozen yogurt market. Consolidation among various players to cater to the strong demand can be witnessed in the coming years.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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Dairy Alternatives Market Scope, Segmentation, Development and Opportunities

Global Dairy Alternatives Market: Snapshot

Dairy alternatives have in recent years gathered marked momentum among people worldwide. And, the target population size is fast expanding in developed as well as developing regions. Growing numbers of people who are lactose-intolerant find dairy alternative a promising option to meet their appetite. The dairy alternatives market has also an environmental underpinning. Substantial carbon footprint of the dairy industry has shifted attention of food companies toward dairy alternatives market. Advent of dairy alternatives with good nutritional profile comparable to dairy products is a key trend strengthening the prospects of the market. Growing popularity of plant-based dairy substitutes has imparted a robust momentum in recent years. Some of the product types that have gathered widespread steam is dairy-free milk, butter, and cheese. Demand for ice-creams made with these dairy alternatives have also picked up pace. Some key factors that add to the popularity of dairy alternatives are discussed below:

Dairy alternatives generally have higher shelf-life than the dairy products. Advances in food processing and packaging methods have further enhanced this, thereby proving to be a more convenient option for lactose-intolerant population.

A few dairy-free milk products have attracted the palatability of people preferring plant-based food. For example, soy milk and almond milk has gained steam among consumers, and their attractiveness is further fueled by their nutritional profile, such as containing less saturated fat, carbs, and sodium.

In developed nations notably the U.S. and the U.K., food companies are unveiling an exciting line of dairy alternatives, by using exotic plants. A case in point is milk made from hemp seed. Several companies have also consolidated dairy-alternative drinks in recent years. Such product lines are likely to attract health-conscious vegan populations, world over.

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Global Dairy Alternatives Market: Overview

The dairy alternatives market is booming thanks to a range of products. Worth billions of dollars, it is expected to scale greater heights in the near term owing to stiff competition among players. They are seen pulling out all stops to grow their revenues. One such strategy is integrating backwards and forwards to get an easy supply of raw materials and win over distribution rights. They are also seen pouring money into research and development of better products. As a result the market is inundated with products, both non-dairy beverages and food, which is driving sales.

Global Dairy Alternatives Market: Trends and Opportunities

There are several factors promoting the global dairy alternatives market. One of those is the proliferation of products. Soy milk, rice milk, and almond milk available in the market are being provided in various flavors. Those are also fortified with a various nutrients to attract the health conscious consumers. Another marketing strategy paying off well for the dairy alternatives market is the attractive packaging and targeted advertising on online and offline channels.

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Yet another major growth driver in the global dairy alternatives market is the rising lactose intolerance among people. This has driven them to non-dairy products. Besides, the rising trend of veganism is also having a positive impact on the market. Urbanization, increasing disposable incomes, and rising awareness are having a positive impact on the market too. Sales and revenue in the global dairy alternatives market is benefitting from the proliferation of supermarkets and hypermarkets and exploding ecommerce platforms.

Acting as a deterrent to the global dairy alternatives market is the stringent regulations pertaining to quality, particularly in nations such as the U.S. Adhering to those is driving up manufacturing cost, thereby making products expensive. This, in turn, is hampering sales.

Global Dairy Alternatives Market: Market Potential

Soy milk appears to be the most promising product in the global dairy alternatives market. Going forward, the segment could see surging sales with rising awareness among people. Meanwhile, with regards to formulation, the plain formulation as opposed to the flavoured versions, could be accounting for higher sales at the moment. This is because of the elderly people’s preference for cholesterol free food.

With respect to application, the global dairy alternatives market is believed to be buoyed by the food segment. Their uses in making non-dairy yogurt, pudding, ice-creams, and cheese is said to creating sales growth avenues in the market.

Global Dairy Alternatives Market: Regional Outlook

With respect to geography, Asia Pacific appears a promising market that could further increase its value in the near term. This is because of the its large population, mainly concentrated in China and India. The developing nations are seeing a consumerism boom which is driving up sales of dairy alternatives. North America could also make the cut as a promising dairy alternatives market. This is because of the rising veganism in the region.

Global Dairy Alternatives Market: Competitive Landscape

The global dairy alternatives market is fragmented in nature. This is because of the presence of several manufacturers. Some of them are Earth’s Own Food, Blue Diamond Growers, Whitewave Foods Company, SunOpta, and Vitasoy International.

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Dairy Market Growth, Share, Size, Price, Analysis 2020-2025 | ExpertMarketResearch.Com

The new report by Expert Market Research titled, ‘Global Dairy Market Share, Size, Growth, Price, Report and Forecast 2020-2025′, gives an in-depth analysis of the global dairy market, assessing the market based on its segments like products and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

The key highlights of the report include:

Market Overview (2015-2025)

Forecast Growth (2020): 2.5% per annum

The primary factor in the growth of this market is the growing demand for milk and food ingredients. This can be attributed to the population growth, rising wages, health consciousness, and the thriving food and drink industry. The integration of automation technologies in dairy farms is another major development in the industry. Farmers now have easier access to modern technologies that help quantify information, including in the management of grass and herd. Apart from this, farmers are able to make productive and efficient decisions with various robots, smartphone-based data applications, satellite systems, as well as drones, which are further catalysing the market growth by ensuring better yields. In addition, the rising demand for goods without additives and artificial preservatives and growing demand for industrial products with clean labels are also expected to aid the market. Thus, the manufacturers are expanding their product portfolios to include organic dairy products.

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Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Industry Definition and Major Segments

The dairy industry is a corporation dealing with the processing and procurement of animal milk. The industry procures milk from animals like cow, horse, buffalo, camel, as well as sheep. Milk derived from these animals can be directly consumed or transformed into ice cream, cheese, butter, condensed milk, yoghurt, and other dairy products. These products contain various nutrients, including calcium, proteins, zinc, magnesium, and B12 vitamins. Based on products, the market can be segmented into:

Fluid/UHT/Flavoured Milk

Cream

Butter

Ghee

Anhydrous Milk Fat (AMF)

Skimmed Milk Powder/Non-fat Dry Milk

Whole Milk Powder

Whey Protein (Powder and Concentrate)

Indian Cheese (Paneer)

Lactose

Casein

Cheese

Yoghurt

Ice-cream

Probiotic Dairy Products

The major regions in the global dairy industry are:

1 North America 1.1 United States of America 1.2 Canada 2 Europe 2.1 Germany 2.2 United Kingdom 2.3 France 2.4 Italy 2.5 Others 3 Asia Pacific 3.1 China 3.2 Japan 3.3 India 3.4 ASEAN 3.5 Others 4 Latin America 4.1 Brazil 4.2 Argentina 4.3 Mexico 4.4 Others 5 Middle East & Africa 5.1 Saudi Arabia 5.2 United Arab Emirates 5.3 Nigeria 5.4 South Africa 5.5 Others

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/dairy-market

Market Trends

An essential growth-inducing factor for the global dairy market is the increasing preference for organic and clean label goods, which are free of additives, artificial preservatives, or chemicals. Technological advancements in the dairy industry are expected to drive the market further. The rising adoption of production methods, including sensors, robots, drones, data processing, and digital technology, is further influencing the market positively.

Dairy farms are gradually popularising automated milking systems or robots, which are emerging as a major trend in the industry. In such systems, cows are milked in a robotic parlor, where the robot arms bind the cow with a vacuum pump. The health information of cows and dairy production is recorded, and the cow is returned to the herd after milking. This has helped farmers measure data, track operations, and empower decision-makers, thus, providing a positive business outlook.

Key Market Players

The major players in the market are Nestle S.A (SWX: NESN), Danone S.A. (EPA: BN), Lactalis Group, Dairy Farmers of America, Inc, Royal FrieslandCampina N.V., Fonterra Co-operative Group Limited, Arla Foods amba, Saputo Inc., Inner Mongolia Yili Industrial Group Co Ltd, China Mengniu Dairy Company Limited, and Dean Foods Company, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Mascarpone Cheese Market: https://www.expertmarketresearch.com/reports/mascarpone-cheese-market

Ghee Market: https://www.expertmarketresearch.com/reports/ghee-market

Fluid Milk Market: https://www.expertmarketresearch.com/reports/fluid-milk-market

Flavoured Milk Market: https://www.expertmarketresearch.com/reports/flavoured-milk-market

Whole Milk Powder Market: https://www.expertmarketresearch.com/reports/whole-milk-powder-market

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Sea Buckthorn Market: https://www.expertmarketresearch.com/reports/sea-buckthorn-market

Sardine Market: https://www.expertmarketresearch.com/reports/sardine-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviors. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Dairy Blends Market Size, Share Analysis, Key Companies, and Forecast To 2028

According to Reports and Data the global Dairy Blends Market was valued at USD 3.0 Billion in 2018 and is projected to grow at a CAGR of 8.0 % from 2019 to reach USD 5.4 Billion by the year 2028. Consumption of dairy has become an important part of the daily routine in the market. Consumers have become more specific about the ingredients they are consuming on daily basis, fat-less food are in trend from pass few years which rises the demand of dairy blends in the market.

The report discusses in detail the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, product launches and brand promotions, and licensing agreements undertaken by the key players to gain a robust footing in the market. The Dairy Blends market research report also offers a thorough SWOT analysis and Porter’s Five Forces analysis to offer key insights into the company’s progress and position.

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The food and beverage industry is involved in transforming raw food materials into consumer food products. The sector includes groceries, oils and fats, food additives, functional foods and beverages, canned food, packaged foods, health and natural foods, baby food, animal food, syrup, baked food, soft drinks, alcoholic and non-alcoholic drinks, energy drinks, and packaging. The companies in this industry are looking for innovations in food that meet the changing consumer’s preferences in terms of global flavors, and varieties.

Key Players:

The major companies leading the market are Ltd. (New Zealand), Doehler Group (Germany), Agropur ingredients (Canada), Royal FrieslandCampina N.V. (Netherlands), and Kerry Group (Ireland).

Further key findings from the report suggest

Powdered form accounted for more     than 45% share of the overall revenue in 2018. It is broadly used in     making infant formulation. It also works as a sugar substitute, emulsifier     and stabilizer in ice creams. Furthermore, it is easy to store and has a     longer shelf life owing to its dry form.

Infant formula is predictable to     witness the growth with a CAGR of 8.8% from 2019 to 2026. Surge in the     number of working females in the corporate world has led to an increase in     consumption of infant formulae as they decrease the preparation time     required to cook baby food.

The Asia Pacific is experiencing     rapid growth in dairy blends market over the forecast timeline with a CAGR     of about 8.5%. Majority of the demand for dairy blends was driven by China     due to high birth rate, which augmented the demand for infant formula.     Moreover, foremost global providers of dairy products are situated in     Australia and New Zealand.

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Segments covered in the report:

Based on Type, (Volume Metric Tons, Revenue, USD Million; 2019-2026)

Dairy Mixtures

Dairy/Non-dairy ingredients

Dairy as functional ingredient

Dairy as carrier

Others (combinations, dairy/protein     derivatives, and dairy/non-dairy fat component)

Based on Form, (Volume Metric Tons, Revenue, USD Million; 2019-2026)

Spreadable

Powder

Liquid

Based on Application, (Volume Metric Tons, Revenue, USD Million; 2019-2026)

Ice cream

Yogurt

Infant formula

Bakery

Feed

Butter & cheese spreadable     blends

Beverages

Others (cocoa preparations,     chocolate, and confectionery)

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Regional Outlook (Volume Metric Tons, Revenue, USD Million; 2019-2026)

 U.S

 Canada

 Germany

 France

 UK

 Spain

 Rest of Europe

 China

 India

 Japan

 Rest of Asia-Pacific

 Brazil

Browse full report here @ https://www.reportsanddata.com/report-detail/dairy-blends-market

Radical Features of the Dairy Blends Market Report:

·         Valuable insights into the Dairy Blends market to impart an in-depth understanding of the business verticle

·         An 8-year forecast estimation along with an analysis of key elements of the market

·         Technological advancements, regulatory framework, and recent developments covered in the report

·         Growth analysis and projections until 2026

·         Statistical analysis of the key players operating in the Dairy Blends industry

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.