Food & Beverage Archives - Page 23 of 67 - Decision Market Insights

Anti Inflammatory Tea Market Share and Growth 2025, Revenue, Demand, Rising Trends, Key Players, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin January 7, 2025 Business, Food & Beverage

Anti-inflammatory teas are herbal treatments designed to specifically reduce inflammation, which is frequently associated with chronic illnesses such as arthritis, heart disease, and digestive problems. These beverages typically include natural anti-inflammatory components such green tea, peppermint, chamomile, ginger, and turmeric. Green tea’s polyphenols, especially epigallocatechin gallate (EGCG), have anti-inflammatory properties, whereas ginger and turmeric include chemicals like curcumin and gingerol that have been demonstrated to block inflammatory pathways.

According to SPER Market Research, ‘Global Anti Inflammatory Tea Market Size- By Type, By Packaging, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Anti Inflammatory Tea Market is estimated to reach USD 3.81 billion by 2033 with a CAGR of 5.78%.

Drivers: The demand for anti-inflammatory tea is being driven by several significant factors. Growing public awareness of the health benefits of natural and plant-based products, which are believed to be safer than prescription medications, has resulted in a sharp rise in demand for anti-inflammatory teas. Customers seeking prevention and treatment alternatives for chronic inflammatory diseases like diabetes, heart disease, and arthritis have driven the market’s expansion. Additionally, the growing trend toward wellness and holistic health, particularly among millennials and health-conscious consumers, has raised demand for functional beverages like anti-inflammatory teas.

Restraints: There are a number of constraints that can stop the anti-inflammatory tea business from growing. Supply chain instability is one of the primary problems, particularly for necessary ingredients like ginger, turmeric, and other herbs that are affected by soil types, farming practices, and unstable geopolitical situations. This could lead to manufacturing delays, pricing fluctuations, and shortages. Additionally, despite the fact that the market for natural products is expanding, there is intense brand competition, which makes it challenging for companies to differentiate themselves. Another challenge is the lack of scientific evidence to support the health claims made by some anti-inflammatory teas, which could raise suspicions among consumers and authorities alike.

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Impact of COVID-19 on Global Anti Inflammatory Tea Market

The global market for anti-inflammatory tea has been significantly impacted by the COVID-19 pandemic in a number of ways, both positively and negatively. During the pandemic, many consumers had serious concerns about their health and well-being, which raised demand for natural therapies like anti-inflammatory teas. This is primarily due to the fact that these teas have anti-inflammatory, stress-relieving, and immune-boosting qualities, all of which have grown in popularity as people have attempted to stay healthy and avoid disease.

Global Anti Inflammatory Tea Market Key Players:

Additionally, some of the market key players are ArtfulTea, Bigelow Tea Company, Davidson’s Organics, Dilmah Ceylon Tea Company PLC, Full Leaf Tea Co.

Global Anti Inflammatory Tea Market Segmentation:

By Type: Based on the Type, Global Anti Inflammatory Tea Market is segmented as; Turmeric, Ginger, Green tea, Black tea, Chamomile, Peppermint, Lemongrass, Cinnamon.

By Packaging: Based on the Tea Bags, Global Anti Inflammatory Tea Market is segmented as; Aluminium Tins, Paperboards, Loose Tea, Packaging.

By Distribution Channels: Based on the Distribution Channels, Global Anti Inflammatory Tea Market is segmented as; Supermarket-Hypermarket, Specialty Stores, Convenience Stores, Online Sales Channel, Others.

By Region: This research also include data for Africa and South America, Europe, Asia-Pacific Middle East & North America.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Anti Inflammatory Tea Market Share

Portable Ultrasound Bladder Scanner Market Growth, Size, Trends Analysis- By Product Type, By Distribution channel, By End user- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Plant-based Yogurt Market Share and Size, Rising Trends, Revenue, Demand, Key Players, Challenges, Share and Forecast Analysis till 2033: SPER Market Research

admin January 6, 2025 Business, Food & Beverage

Plant-based yogurt is made from plants and is often known as vegan or nondairy yogurt. It is made from plant-based substances. They are used as an alternative to normal dairy yogurt. It also contains oat milk, almond milk, coconut milk, rice milk, and soy milk. The fermentation of plant milk with probiotics is used to make plant-based yogurt. The plant-based yogurt has an acidic flavor. The flavor is obtained through fermentation, which also promotes the growth of beneficial bacteria that can benefit intestinal health. Furthermore, plant-based yogurt contains less saturated fat and comes in a range of flavors.

According to SPER market research, ‘Global Plant-based Yogurt Market Growth, Size, Trends Analysis – By Source, By Flavor, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Plant-based Yogurt Market is predicted to reach 11.57 billion by 2033 with a CAGR of 14.15%.

Drivers: Rising lactose intolerance and dairy allergies have increased demand for non-dairy alternatives, while growing health consciousness has driven customers to seek out plant-based solutions thought to be healthier. Concerns about environmental sustainability, notably the carbon footprint of dairy production, have led ecologically aware customers to seek out plant-based alternatives. The growing vegan and flexitarian population has contributed significantly to market growth. Technological advancements have enhanced the taste, texture, and nutritional profile of plant-based yogurts, making them more appealing to a larger customer base. Food firms’ increased investment in research and development has resulted in a broader variety of flavors and bases (such as almond, soy, coconut, and oat), appealing to a wide range of preferences.

Restraints: Vegan yogurts are more expensive than traditional dairy yogurts, which is one of the most significant obstacles facing the vegan yogurt market. Vegan alternatives often have much higher final costs due to the need for specialist plant-based materials and production procedures. Furthermore, many consumers remain unfamiliar with vegan products and suspicious of their flavor and nutritional value. Establishing brand recognition and educating consumers on the benefits of vegan options takes time.

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Impact of COVID-19 on Global Plant-based Yogurt Market

Sales of plant-based yogurt first declined as a result of COVID-19 restrictions on physical retailers. To reach customers across geographic borders, big firms are concentrating on e-commerce and online marketing in an effort to strengthen their market position. In addition, the pandemic made consumers look for products that boost immunity and other fortified products that offer health benefits. As a result, major players improved the composition of their yogurt products by adding organic ingredients, lowering the cholesterol content, and introducing vegan versions that don’t contain any additional preservatives or additives.

Global Plant-based Yogurt Market Key Players:

North America dominated the plant-based yogurt market in 2022, and the trend is expected to continue during the forecast period. Plant-based yogurt is becoming increasingly popular as a vegan and dairy-free food, with a surge in demand for novel tastes. Furthermore, the availability of a number of varieties with varying formulas and ingredients has made plant-based yogurt a popular choice among North American consumers, expanding the Plant-based Yogurt Market Opportunity. Some significant market players are Danone; Hain Celestial; General Mills Inc; Stonyfield Farm, Inc; Kite Hill; and others.

Global Plant-based Yogurt Market Segmentation:

By Source: Based on the Source, Global Plant-based Yogurt Market is segmented as;

By Technology: Based on the Technology, Global Lithography Equipment Market is segmented as; ArF Scanners, KrF Steppers, i-line Steppers, ArF Immersion, Mask Aligners, and Others.

By Application: Based on the Application, Global Lithography Equipment Market is segmented as; Advanced Packaging, LED, MEMs, and Power Devices.

By Packaging Platforms: Based on the Packaging Platforms, Global Lithography Equipment Market is segmented as; 3D IC, 2.5D Interposer, Wafer Level Chip Scale Packaging, FO WLP Wafer, 3D WLP, and Others.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Plant-based Yogurt Market Growth

Radio Frequency Components Market Growth, Size, Trends Analysis- By Component, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Canned Peeled Tomatoes Market Share, Industry Trends, Growth Drivers, Revenue, Demand, Challenges, Key Players, CAGR Status and Competitive Analysis 2024-2033: SPER Market Research

admin January 6, 2025 Business, Food & Beverage, News

Market Overview and Growth Insights: Tomatoes with their skins removed and stored in a can, frequently with additional sauce or juice, are known as canned peeled tomatoes. This preservation technique will ensure that the tomatoes maintain their flavor, texture, and nutritional value over an extended period of time. They are frequently used in a variety of culinary applications, such as casseroles, soups, stews, and sauces, where fresh tomatoes are not always convenient or readily available.

According to SPER Market Research, ‘Global Canned Peeled Tomatoes Market Size- By Type, By End User, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Canned Peeled Tomatoes Market is estimated to reach USD 7.2 billion by 2033 with a CAGR of 5.89%.

Drivers: The market expansion for canned peeled tomatoes is being driven by a number of important factors. First, there is a noticeable rise in demand for handy and ready-to-use food items as consumers look for time-saving kitchen solutions. Due to their long shelf life and ease of use, canned peeled tomatoes are a popular choice for foodservice companies and busy households. Second, canned tomatoes are becoming cupboard staples as a result of the COVID-19 pandemic’s increased popularity of home cooking. Additionally, the industry is growing as a result of the increased demand, especially in urban areas, for processed and prepared foods.

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Restraints: The stability and expansion of the canned peeled tomato market may be impacted by a number of variables. The main obstacle is the growing competition from frozen and fresh products, which some consumers believe to be more natural or healthful. Sometimes consumers’ choices for fresh or organic goods cause canned tomatoes to lose market share. Droughts and subpar harvests are two factors associated with climate change in the cultivation of raw tomatoes. Both manufacturing costs and product availability may be impacted by these supply chain disruptions and price volatility.

Impact of COVID-19: The global market for canned peeled tomatoes was significantly impacted by the COVID-19 pandemic, which had an effect on both supply and demand. As people stocked up on pantry essentials like canned tomatoes amid lockdowns and restrictions, there was a discernible rise in consumer interest on the demand side. Sales briefly increased as a result of this spike in demand for durable, straightforward products, especially in areas where home cooking became more popular. But the epidemic also caused supply chain disruptions, especially in important tomato-growing regions where labor shortages, travel restrictions, and logistical difficulties caused harvests and processing to be delayed. The cost of canned tomatoes increased as a result of these delays and a manpower shortage that limited manufacturing capacity.

Key Players: Additionally, some of the market key players are – B&G Foods, Inc., Bianco DiNapoli, Cento Fine Foods, Inc., Conagra Brands, Inc., Del Monte Pacific Limited.

Global Canned Peeled Tomatoes Market Segmentation:

By Type: Based on the Type, Global Canned Peeled Tomatoes Market is segmented as; Whole peeled tomatoes, Diced tomatoes, Crushed tomatoes, Pureed tomatoes, Others.

By End User: Based on the End User, Global Canned Peeled Tomatoes Market is as: Residential, Commercial.

By Distribution Channel: Based on the Distribution Channel, Global Canned Peeled Tomatoes Market is as: Online, Offline.

By Region: This research also include data for North America, Europe, Asia-Pacific Middle East & Africa and South America.

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Oat-based Snacks Market Size, Trends, Industry Share, Revenue, Demand, Growth Drivers, Challenges, Key Players, CAGR Status and Future Competition Till 2033: SPER Market Research

admin January 3, 2025 Business, Food & Beverage, News

Market Overview and Growth Insights: Oats, a nutrient-rich whole grain, serve as the foundation for oat-based snacks. These snacks offer a convenient and healthy choice for busy individuals. They come in various forms, including granola bars, cookies, crackers, and even savory crisps. The fiber in oats, especially beta-glucan, is believed to aid digestion, promote heart health, and help regulate blood sugar levels. Moreover, oats provide an excellent supply of essential vitamins, minerals, and antioxidants.

According to SPER Market Research, ‘Global Oat-based Snacks Market Size- By Product, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Oat-based Snacks Market is estimated to reach USD 35.44 billion by 2033 with a CAGR of 4.68%.

Drivers: The market’s growth is attributed to the increasing consumer demand for healthy snack options, driven by a heightened awareness of the health benefits associated with oats. Because of their high fiber, protein, and antioxidant content, oats make a great snack food that can help people control their weight, manage blood sugar, and minimize their risk of heart disease. Healthy snack demand has increased as a result of the transition to plant-based products and a vegan diet. Wholegrain, multigrain, and organic snacks are among the most popular requests from customers. Oat-based snacks revolutionized the market by being cost-effective to produce while meeting consumer preferences and cravings.

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Restraints: The price volatility of oats, which is affected by weather patterns and disruptions in the global supply chain, is a major obstacle that could lead to changes in production costs. Additionally, even though oats are inherently gluten-free, cross-contamination during processing in facilities that also handle wheat may make them less appealing to people with celiac disease or gluten sensitivity. Other healthy snack options like nuts, seeds, and protein bars pose a severe threat to the company as well because they may provide more obvious perceived advantages in terms of convenience or protein.

Impact of COVID-19: The COVID-19 pandemic had a substantial effect on the supply and demand dynamics of the global oat-based snacks market. On the one hand, as consumers looked for better substitutes for conventional processed snacks, the pandemic’s increased emphasis on immunity and health increased demand for healthy, plant-based, and functional meals. This, in turn, made oat-based snacks more alluring. However, manufacturing and delivery were impacted by workforce shortages, supply chain interruptions, and logistical difficulties during lockdowns, which occasionally resulted in delays and shortages.

Key Players: Additionally, some of the market key players are – Abbott, Bobo’s Oat Bars, Britannia Industries, General Mills Inc., Mondelēz International, Nairn’s Oatcakes Limited.

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Coconut Milk Powder Market Size, Trends, Industry Share, Revenue, Demand, Growth Drivers, Challenges, Key Players, CAGR Status and Future Competition Till 2033: SPER Market Research

admin January 3, 2025 Business, Food & Beverage, News

Market Overview and Growth Insights: A dried version of coconut milk, coconut milk powder is created by extracting the liquid from grated coconut meat. In order to create a fine, powdered product that preserves the rich, creamy flavor and health benefits of fresh coconut milk, the process usually entails draining the moisture from the milk. It is frequently used as a convenient substitute for canned or fresh coconut milk in baking, cooking, and beverages. Because of its versatility, coconut milk powder can be added straight to recipes that call for a creamy texture and tropical flavor, or it can be reconstituted with water to create liquid coconut milk.

According to SPER Market Research, ‘Global Coconut Milk Powder Market Size- By Product, By Application, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the worldwide market for coconut milk powder is projected to achieve a value of USD XX billion by 2033, growing at a compound annual growth rate (CAGR) of XX%.

Drivers: The demand for coconut milk powder is mostly driven by the growing popularity of veganism, as many vegans are searching for better, plant-based alternatives. Due to its many health advantages, such as being free of lactose and cholesterol and being rich in vitamins, minerals, and MCTs, coconut milk powder is highly valued. Vegans number in the millions, particularly in countries like India. The growing appeal of Asian cuisine, which uses coconut milk as a key ingredient in soups and curries, is another reason fueling the demand for coconut milk powder. Furthermore, there is a growing demand for dairy-free products like coconut milk powder due to the rising number of people who have lactose intolerance. New innovations like as fortified and flavored variations aid in the market’s growth.

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Restraints: Numerous obstacles impede the growth and expansion of the coconut milk powder sector. The high cost of raw materials is a significant barrier because weather, pests, and diseases may all affect coconut production, which in turn affects prices and availability. Moreover, the intricate technological and quality control procedures required to powder coconut milk may raise production costs. As consumer tastes for dairy-free products change, alternative plant-based milk powders like oat or almond milk powder are becoming more and more popular, which presents another challenge.

Impact of COVID-19: Due to disruptions in supply chains, manufacturing, and consumer behaviour, the COVID-19 pandemic had a significant impact on the global market for coconut milk powder. Due to transportation and industrial delays brought on by the early lockdowns and restrictions, raw material shortages and prices rose. As people looked for healthier food options and were more health conscious, the pandemic also increased demand for plant-based and dairy-free products. Sales of coconut milk powder surged as a consequence of the pandemic’s increasing emphasis on internet shopping.

Key Players: Additionally, some of the market key players are – Anthony’s Goods, BareOrganics, Bramble Berry Inc., Dr. Ben Kim Natural Health Solutions.

Global Coconut Milk Powder Market Segmentation:

By Product: Based on the Product, Global Coconut Milk Powder Market is segmented as; Conventional, Organic.

By Application: Based on the Application, Global Coconut Milk Powder Market is as: Beverages, Savories, Bakery & Confectionery, Dairy & Frozen Products, Others.

By Distribution Channel: Based on the Distribution Channel, Global Coconut Milk Powder Market is as: B2B, B2C.

By Region: This research also include data for North America, Europe, Asia-Pacific Middle East & Africa and South America.

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Coconut Milk Powder Market Share

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Global Aerated Chocolate Market Share and Size, Rising Trends, Revenue, Demand, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin January 3, 2025 Business, Food & Beverage

Aerated chocolate, also known as chocolate foam or bubbly chocolate, is recognized by its unusual texture, which is achieved by introducing gas bubbles—usually carbon dioxide—during the manufacturing process. As a result, the structure becomes light and airy, providing clients with a unique sensory experience compared to traditional solid chocolate. To make aerated chocolate, cocoa mass, sugar, and other ingredients are combined in a unique way before being aerated. The injection of gas produces a frothy structure, giving the chocolate a softer, smoother mouthfeel. Aerated chocolate manufacturing includes a critical phase known as aeration, which requires control and accuracy to generate the desired texture without losing flavor or quality.

According to SPER market research, ‘Global Aerated Chocolate Market Growth, Size, Trends Analysis – By Type, By Aeration Method, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Aerated Chocolate Market is predicted to reach 31.83 billion by 2033 with a CAGR of 10.91%.

Drivers: The aerated chocolate market has seen a significant increase as a result of a number of variables influencing the market share. One of the primary drivers is the increased customer demand for inventive and extravagant confectionery goods. Customers seeking novel culinary experiences are drawn to aerated chocolate because of its unusual mouthfeel and texture. Aerated chocolate is perceived as lighter and less dense, which aligns with the needs of health-conscious consumers who wish to enjoy sweet confections without overindulging. Thus, health and wellness play a critical role in driving market growth. Another key aspect is the advancement of production technology, which has made it easier and less expensive for companies to manufacture aerated chocolate. The increased ability to generate consistent air bubbles inside the chocolate matrix has resulted in improved product quality and shelf stability. This technological development allows for more scalable production and helps to meet rising consumer demand.

Restraints: Nonetheless, consumer preferences in the confectionery sector are always changing due to a variety of causes, such as rising health consciousness, flavor discovery, and changes in lifestyle. The idea that aerated chocolates are a less healthful choice makes it difficult to appeal to the health-conscious market. As a result, the market is confronted with formidable obstacles because of the rising demand for health-conscious products and the potential for novelty fatigue.

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Impact of COVID-19 on Global Aerated Chocolate Market

Global aerated chocolate sales were severely impacted by the COVID-19 outbreak. At first, manufacturing shutdowns, transit restrictions, and supply chain disruptions hindered production and delivery. Sales fell, particularly at retail establishments and duty-free shops, as consumers spent less on non-essential items like chocolates. But when e-commerce platforms took off and consumers were able to purchase aerated chocolates online, the market steadily rebounded. Demand also increased as a result of lockdown-related indulgence in comfort foods and increased at-home consumption. The demand for high-end and inventive chocolate products increased as people looked for reasonably priced luxury goods in the midst of the pandemic’s uncertainty.

Global Aerated Chocolate Market Key Players:

Europe leads the Global Aerated Chocolate Market due to high consumer demand for premium and creative chocolate products, a well-established confectionery industry, and the presence of major chocolate makers. Some significant market players are Ferrero International S.A, Meiji Co., Ltd, Alfred Ritter GmbH & Co. KG, MONDELEZ INTERNATIONAL, INC, and others.

Global Aerated Chocolate Market Segmentation:

By Type: Based on the Type, Global Aerated Chocolate Market is segmented as; Dark Chocolate, White Chocolate, Milk Chocolate.

By Aeration Method: Based on the Aeration Method, Global Aerated Chocolate Market is segmented as; Chemical Aeration, Mechanical Aeration.

By Distribution Channel: Based on the Distribution Channel, Global Aerated Chocolate Market is segmented as; Offline, Online.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Aerated Chocolate Market Growth

Nutraceutical Excipients Market Growth, Size, Trends Analysis – By Type, By End Product – Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Cassava Starch Market Trends, Size, Industry Growth, Share, Revenue, Demand, Challenges, Key Players, CAGR Status and Future Competition Till 2033: SPER Market Research

admin January 3, 2025 Business, Food & Beverage, News

Market Overview and Growth Insights: Cassava starch is obtained from the cassava root, an edible tuber crop native to South America that is grown all over the world in tropical and subtropical locations. Cassava starch typically contains more than 80% starch, making it a highly concentrated form of starch that is commonly used as a culinary component or additive. Cassava starch is distinguished by its fine texture, neutral flavor and odor, good thickening and gelling properties, high viscosity, and gluten-free status. Cassava starch remains effective as a thickening agent under high temperatures and acidic environments, making it ideal for various food processing uses.

According to SPER market research, ‘Global Cassava Starch Market Size- By Type, By End-Use – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Cassava Starch Market is predicted to reach 106.85 billion by 2033 with a CAGR of 6.95%.

Drivers: The worldwide cassava starch market is rapidly changing and expanding due to its advantages in terms of product offers as well as flavor and sensory effects in food. Consumers throughout the world are becoming more educated and health-conscious, driving up demand for products that aim to improve health, lengthen longevity, and prevent the formation of chronic diseases. Foods fortified with nutritious and disease-preventive ingredients are increasing the global nutritional food market. Consumers’ changing food consumption habits and evolving taste preferences have driven producers to bring and innovate new functional foods and beverages into the worldwide market.

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Restraints:

Expensive raw material costs – The global economic recovery has led to an increase in the cost of cassava raw materials, which is a major obstacle to the growth of the cassava starch market. The industry’s potential for market expansion and investment prospects may be limited by this price increase, which also limits profit margins and operational sustainability.
Pest and disease outbreaks are becoming more common – Pest and disease infestations, such as cassava mosaic disease and cassava brown streak disease, represent a significant danger to cassava productivity and quality. Without proper management techniques, these difficulties can substantially impede the cassava starch market, resulting in lower production and profitability for farmers and processors while worsening food security concerns in affected regions.

Impact of COVID-19: The production and sales of cassava starch expanded during the COVID-19 pandemic, and the food processing industry’s need for naturally derived cassava starch ingredients increased as consumers’ interest in ready-to-cook products and ingredients for home cooking increased. Furthermore, the pandemic has raised demand for clean-label products like cassava starch.

Key Players: The Asia Pacific Cassava Starch Market is predicted to hold the largest market share, owing to the high production and utilization of cassava in the region. Some significant market players are Tate & Lyle, Cargill, Inc, Ingredion, AGRANA Starch, The Dutch Agricultural Development & Trading Company BV, Visco Starch, and others.

Global Cassava Starch Market Segmentation:

By Type: Based on the Type, Global Cassava Starch Market is segmented as; Native Starch, Modified Starch, and Sweeteners.

By End-Use: Based on the End-Use, Global Cassava Starch Market is segmented as; Food & Beverages, Paper and Board, and Others.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

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Europe Vegan Food Market Revenue, Rising Trends, Demand, Share, Challenges, Future Opportunities, Key Players and Forecast till 2033: SPER Market Research

admin January 3, 2025 Business, Food & Beverage

Plant-based foods are those derived from plants, including fruits, vegetables, legumes, nuts, seeds, and whole grains. They may also contain processed meals such as bread, pasta, and juices, as well as components such as oils, sugars, herbs, and spices. A plant-based diet focuses on consuming unprocessed, minimally processed foods while reducing or eliminating animal products. Plant-based diets include all of the required protein, lipids, carbs, vitamins, and minerals for good health and are frequently higher in phytonutrients.. Some plant-based diet advocates favor locally obtained organic food. Consumption of these food items strengthens your immune system to protect you against germs and microorganisms and is also encouraged due to their ethical concerns of animal agriculture, and the planetary health and sustainability benefits.

According to SPER Market Research, ‘Europe Plant-based Food Market Size- By Type, By Source, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Europe Plant-based Food Market is estimated to reach USD 24.62 billion by 2033 with a CAGR of 10.42%.

There are certain factors which drive the growth of Europe plant based food market. A significant increase in vegan dietary patterns as a result of global health concerns is likely to fuel the growth of the European plant-based food market during the forecast period. In addition, increasing concern for animals has also encouraged the European plant based food market. A rise in animal protein intolerances is driving consumers toward plant-based alternatives. Furthermore, climate change and growing awareness of plant-based diets, as well as a decline in meat and dairy product consumption, combined with technological advancements for the production of plant-based alternatives, are expected to drive market demand and growth in the coming years.

There are several restraints to the plant based food market of Europe which hampers its growth. Plant-based alternatives are frequently more expensive than traditional animal-based products, which limits consumer uptake. Some consumers are hesitant to switch since the flavor and feel differ from animal products. Despite expansion, plant-based foods are not widely available in all regions, particularly in rural areas. Concerns have been raised about plant-based diets’ nutritional adequacy, notably in terms of vitamins and minerals. In several European locations, traditional meat-heavy diets make plant-based adoption difficult. Some countries, also, have regulations that limit the marketing or use of plant-based food terminology.

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Impact of COVID-19 on Europe Plant-based Food Market

The COVID-19 pandemic had a mixed impact on the European plant-based food market. On one hand, the pandemic accelerated the adoption of plant-based diets as consumers became more health-conscious, seeking immune-boosting foods and exploring alternatives to meat. Increased awareness of food security and sustainability also contributed to a rise in plant-based product consumption. On the other hand, the disruption of supply chains, logistical issues, and economic uncertainty led to a temporary reduction in the availability of some plant-based products. Despite these challenges, the plant-based food market showed resilience, with many consumers continuing to prioritize plant-based diets as part of their long-term lifestyle changes. Overall, the pandemic acted as a catalyst for growth, solidifying the trend toward plant-based eating in Europe.

Europe Plant-based Food Market Key Players:

The Europe plant based food market is dominated by Germany due to modernization of the F&B industry and increased consumer awareness of the benefits of plant-based foods. Some of the key players in this industry are Amy’s Kitchen Inc., Berief Food GmbH, Beyond Meat Inc., Conagra Brands Inc., Danone SA and Hain Celestial Group Inc.

Europe Plant-based Food Market Segmentation:

By Type: Based on the Type, Europe Plant-based Food Market is segmented as; Baked Goods, Confectionery, Dairy Alternatives, Egg Substitutes, Meals, Meat Substitutes, RTD Beverages, Seafood Substitutes, Others.

By Source: Based on the Source, Europe Plant-based Food Market is segmented as; Nuts, Pea, Rice, Soy, Wheat, Others.

By Distribution Channel: Based on the Distribution Channel, Europe Plant-based Food Market is segmented as; Business-to-Business, Modern Groceries, Convenience Store, Specialty Store, Online Retail, Others.

By Region: This research also includes data for France, Spain, Italy, Netherlands Germany, United Kingdom, Rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Europe Plant-based Food Market Share

Europe Hair Styling Tools Market Growth, Size, Trends Analysis- By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Mexico Food Service Market Revenue, Growth Drivers, Trends, Demand, Key Players, Business Opportunities and Forecast Analysis till 2033: SPER Market Research

admin December 27, 2024 Business, Food & Beverage

The food service industry encompasses businesses involved in the preparation, serving, and consumption of food and beverages outside of the home. This diverse sector includes food trucks, cafés, restaurants, catering companies, and institutional food services in workplaces, schools, and hospitals. It plays a crucial role in the economy by generating employment and supporting regional and national culinary traditions. Prioritizing customer service, quality, and safety, the industry frequently updates menus to reflect dietary trends such as plant-based or health-focused options. Technological advancements, such as online ordering and delivery services, have further revolutionized the industry, enhancing consumer convenience and accessibility.

Mexico Food Service Market Overview

According to SPER Market Research, the Mexico Food Service Market is projected to reach USD 127.40 million by 2033, growing at a CAGR of 6.78%.

Market Drivers

Several factors drive the growth of the food service industry in Mexico:

Changing Consumer Habits: Urbanization and a growing middle class with increased disposable income are boosting demand for dining out.
Convenience: Quick-service restaurants and delivery services are gaining popularity due to fast-paced lifestyles.
Culinary Trends: Global influences and diverse tastes inspire innovative menu options.
Events and Tourism: Social gatherings and a thriving tourism sector create greater demand for food services, including authentic local and international cuisines.

Market Restraints

Despite its growth, the food service industry in Mexico faces several challenges:

Economic Uncertainties: Inflation and currency fluctuations can limit consumer spending.
Intense Competition: Both domestic and international players contribute to price wars and thinner profit margins.
Regulatory Hurdles: Businesses must navigate labor laws, health standards, and food labeling requirements.
Post-Pandemic Adjustments: Altered consumer behaviors and reduced foot traffic remain issues.
Supply Chain Disruptions: Ingredient shortages and delays affect service delivery.

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Impact of COVID-19

The COVID-19 pandemic had a profound impact on Mexico’s food service sector. Temporary closures of restaurants, cafés, and other establishments during lockdowns caused significant revenue losses. Businesses faced survival challenges as consumer behavior shifted toward takeout and delivery. This prompted the rapid adoption of contactless delivery and online ordering systems. Despite the setbacks, the sector has rebounded with eased restrictions and vaccination campaigns. The pandemic spurred innovation, leading many businesses to diversify their offerings and strengthen their online presence to meet evolving consumer demands.

Key Players in the Market

Mexico City leads the food service market, driven by its large population, diverse culinary scene, and bustling business activities. Prominent market players include:

Alsea SAB de CV
Arcos Dorados Holdings Inc.
CMR SAB de CV
Domino’s Pizza Inc.
Starbucks
Others

Mexico Food Service Market Segmentation:

By Food Service Type: Based on the Food Service Type, Mexico Food Service Market is segmented as; Cafes & Bars, Cloud Kitchen, Full Service Restaurant, Quick Service Restaurant.

By Outlet: Based on the Outlet, Mexico Food Service Market is segmented as; Chained Outlets, Independent Outlets.

By Location: Based on the Location, Mexico Food Service Market is segmented as; Leisure, Lodging, Retail, Standalone, Travel.

By Region: This research also includes data for Western Region, Eastern Region, Northern Region, Southern Region.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link: –

Mexico Food Service Market Size

Painting Tools and Accessories Market Growth, Size, Trends Analysis- By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Pistachio Milk Market Growth and Size, Rising Trends, Revenue, Demand, Key Manufacturers, CAGR Status, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin December 20, 2024 Food & Beverage

Pistachio milk is a non-dairy milk replacement made by mixing pistachios with water and often supplemented with vitamins and minerals. Pistachio milk appeals to health-conscious consumers looking for sustainable and nutritional solutions. Its necessity stems from the increased desire for plant-based diets, which is fueled by both health trends and environmental concerns. Pistachio milk can be used as a direct beverage, as well as in coffee, smoothies, baking, and cooking, making it a flexible ingredient for a variety of culinary applications.

According to SPER market research, ‘Global Pistachio Milk Market Size- By Source, By Product, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Pistachio Milk Market is predicted to reach 3.71 billion by 2033 with a CAGR of 11.15%.

Drivers: A growing number of individuals are reconsidering their dietary choices due to increased awareness of the advantages for their health, the sustainability of the environment, and ethical issues. Plant-based foods appeal to health-conscious consumers due to their rich nutrient profile, lack of cholesterol, and lower calorie content. Among the many vitamins, antioxidants, and healthy fats it contains, this specific milk is regarded as a healthy option. As a result, the merger of sustainability, ethics, and health keeps making plant-based milk more and more popular, making it a high-end and desirable option in this growing industry.

Restraints: This milk is a relatively new product in the quickly expanding market for plant-based dairy substitutes. This milk is not as well-known or familiar to customers as more well-known options like almond, soy, or oat. This low level of awareness results from the product’s novelty and the absence of significant marketing initiatives to bring it to the general public. It is challenging for this milk to become a mainstay in consumers’ purchasing selections because many people looking for dairy-free solutions are used to selecting brands they are familiar with and trust. As a result, this milk might find it difficult to gain a sizable portion of the market without focused initiatives to inform customers about its distinct flavor, health benefits, and possible sustainability advantages.

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The COVID-19 pandemic had a substantial impact on the global pistachio milk market, creating a mixed outcome. On the one hand, lockdowns and supply chain disruptions slowed production and delivery, limiting market growth. However, rising consumer interest in health, immunity, and plant-based diets has increased demand for pistachio milk as a nutritious alternative to dairy. Increased home cooking and the migration to e-commerce platforms boosted sales even further. The foodservice sector, a significant distribution channel, underwent a brief downturn due to closures, but the market eventually recovered with the reopening of cafés and restaurants. Overall, the epidemic has increased global awareness and uptake of plant-based beverages.

Some significant market players are Organogenesis, Inc, Califia Farms LLC, Danone S.A, Plenish Cleanse Ltd (Britvic PLC), Blue Diamond Growers, Inc, Tache Pistachio Milk, and others.

Pistachio Milk Market Segmentation:

By Source: Based on the Source, Global Pistachio Milk Market is segmented as; Conventional, Organic.

By Product: Based on the Product, Global Pistachio Milk Market is segmented as; Plain, Flavored.

By Distribution Channel: Based on the Distribution Channel, Global Pistachio Milk Market is segmented as; Supermarket & Hypermarket, Convenience Stores, Online Retail, Other Distribution Channels.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

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Pistachio Milk Market Forecast

Europe Freeze-Dried Fruit Powder Market Growth, Size, Trends Analysis – By Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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