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GCC Seafood Market Share, Size, Rising Trends, Key Players, CAGR Status, Growth Opportunities and Future Outlook by 2033: SPER Market Research

admin November 26, 2024 Food & Beverage

Edible aquatic animals that are used in many different culinary traditions are referred to as seafood. Anchovies, bass, pomfrets, bluefish, carp, cod, flounder, haddock, halibut, herring, mahi-mahi, salmon, sardines, trout, and tuna are among the fish in this category. Crabs, crayfish, lobsters, prawns, shrimp, abalone, clams, conch, mussels, octopuses, oysters, scallops, and calamari are among the many types of shellfish and crustaceans that are included in this category. Another type of seafood is caviar, which is prepared from sturgeon roe. Because it contains essential components including iron, zinc, iodine, magnesium, and potassium, seafood is widely known for its nutritional importance. Along with vitamins D and B2, it contains omega-3 fatty acids, which are vital for preventing heart disease, strokes, and arthritis. It also promotes healthy bone production, aids in the absorption of calcium, and strengthens the immune system.

According to SPER market research, ‘GCC Seafood Market Size- By Type, By Form, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the GCC Seafood Market is predicted to reach USD 4.14 billion by 2033 with a CAGR of 1.92%.

Drivers:

Growing Demand for Sustainable Seafood: Customers are looking for seafood items that are ethically sourced and have a low environmental effect. The market has seen an increase in demand for seafood products that are certified sustainable.

Growth of Online Seafood Delivery Services: Online seafood delivery platforms have emerged as a result of the ease and accessibility of online buying. These websites provide a large assortment of seafood products and ship them straight to customers’ homes.

Demand for Local and Artisanal Seafood: Customers are becoming more interested in helping out their local aquaculture and fishing operations. Because they are thought to be fresher and more sustainable, artisanal and locally sourced seafood items are becoming more and more popular.

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Restraints:

High Aquaculture Production Costs: The GCC’s high production costs make it difficult to build a strong domestic aquaculture sector. To establish sustainable aquaculture habitats, large investments in infrastructure and technology are required due to the arid climate and scarcity of natural water supplies. Small and medium-sized businesses (SMEs) may find these expenses unaffordable, and they may also restrict the expansion and scalability of the domestic aquaculture industry. Seafood produced locally is also more expensive due to high manufacturing expenses, which reduces its ability to compete with less expensive imports.

Impact of COVID-19 on GCC Seafood Market

The COVID-19 pandemic has had a major impact on the GCC seafood business. The initial wave of the pandemic caused interruptions in the seafood supply chain, including reduced fishing activity, processing plant closures, and logistical issues. However, when the situation calmed, the industry saw a surge in demand as more people cooked at home and sought healthier options. The pandemic also hastened the spread of e-commerce platforms for seafood purchases, as people switched to online purchasing amid lockdowns and movement restrictions.

GCC Seafood Market Key Players:

The GCC seafood market is dominated by the United Arab Emirates (UAE). A diversified expatriate community with a high demand for seafood, a well-established foodservice and tourism sector, and high seafood intake per capita are some of the elements driving this leadership. Furthermore, Albatha Group, Almunajem Foods, Blue Island PLC, Enhance Group Holding Company Limited, National Fishing Company K.S.C, and other significant firms are some of the market leaders.

GCC Seafood Market Segmentation:

By Type: Based on the Type, GCC Seafood Market is segmented as; Fish, Shrimp.

By Form: Based on the Form, GCC Seafood Market is segmented as; Fresh / Chilled, Frozen / Canned, Processed.

By Distribution Channel: Based on the Distribution Channel, GCC Seafood Market is segmented as; Off-Trade, On-Trade.

By Region: This research also includes data for Saudi Arabia, Qatar, Kuwait, United Arab Emirates, Bahrain, and Oman.

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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GCC Seafood Market Analysis

United Kingdom Poultry Meat Market Growth, Size Trends Analysis- By Form, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Europe In-Flight Catering Services Market Growth 2024, Rising Trends, Revenue, CAGR Status, Business Challenges, Opportunities and Forecast 2033: SPER Market Research

admin November 25, 2024 Food & Beverage

In-flight catering services are essential in meeting the needs of airlines by providing passengers with food and beverage options during flights. These services cater to airlines, airport authorities, procurement divisions, charter flight operators, business aviation, and food vendors. They ensure that travelers receive nutritious meals and beverages tailored to their dietary preferences, from regular meals to niche menus. By addressing the diverse needs of passengers, in-flight catering companies play a critical role in elevating the overall travel experience and are indispensable partners in delivering top-tier in-flight services.

According to SPER Market Research, the Europe In-Flight Catering Services Market, categorized by food type, flight category, aircraft seating class, catering type, and flight type, is projected to achieve a market size of USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.

Key Trends Driving Growth

Cultural and Regional Offerings: Airlines are increasingly focusing on providing authentic and culturally diverse meal options, enhancing customer experience. Catering firms are collaborating with local suppliers and chefs to introduce unique culinary experiences onboard.
Technological Advancements: Innovations in food preparation, storage, and packaging have improved the efficiency and quality of in-flight catering operations. These advancements ensure fresh, hygienic, and flavorful meals, boosting customer satisfaction.

Challenges in the Market

Despite its growth, the Europe in-flight catering services market faces significant challenges:

Diverse Passenger Preferences: Catering to the wide range of dietary needs, cultural backgrounds, and restrictions while maintaining operational efficiency is a complex task.
Environmental Impact: Food waste remains a pressing issue, adding to operational costs and environmental concerns. Implementing waste management strategies like precise meal forecasting, portion control, and sustainability initiatives remains a challenge.

COVID-19 Impact on the Industry

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The COVID-19 pandemic severely disrupted the European in-flight catering industry. Air traffic plummeted due to travel restrictions, border closures, and reduced passenger demand, leading to a sharp decline in catering service requirements. Many companies faced financial losses, layoffs, and operational challenges. Recovery hinges on the resurgence of air travel and restoring passenger confidence, which requires effective pandemic control measures.

Future Outlook

The market is poised for growth as domestic flights increase and passenger demand for in-flight food services rises. Germany is expected to lead the regional market, driven by robust aviation activity. Key players contributing to the market’s expansion include.

Abby’s Catering
AeroChef
Air Fayre
Air Gourmet
Gategroup
LSG Group
Newrest
SATS Ltd
Saudi Airlines Catering

Europe In-Flight Catering Services Market Segmentation:

By Food Type: Based on the Food Type, Europe In-Flight Catering Services Market is segmented as; Bakery and Confectionary, Beverages, Meals, Other Food Types.

By Flight Category: Based on the Flight Category, Europe In-Flight Catering Services Market is segmented as; Full-service Carriers, Low-cost Carriers.

By Aircraft Seating Class: Based on the Aircraft Seating Class, Europe In-Flight Catering Services Market is segmented as; Business Class, Economy Class, First Class.

By Catering Type: Based on the Catering Type, Europe In-Flight Catering Services Market is segmented as; Classic Catering, Retail on Board.

By Flight Type: Based on the Flight Type, Europe In-Flight Catering Services Market is segmented as; Domestic, International.

By Region: This report also provides the data for key regional segments of Belgium, France, Germany, Italy, Netherlands, Russia, Spain, Switzerland, Turkey, United Kingdom, Rest of Europe.

For More Information, refer to below link: –

Europe In-Flight Catering Services Market Outlook

South Africa Animal Feed Market Growth, Size, Trends Analysis- By Type, By Livestock, By Raw Material- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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South Korea Dairy Products Market Growth and Share, Emerging Trends, Key Players and Business Opportunities 2033 – SPER Market Research

admin November 22, 2024 Food & Beverage

Products manufactured from plant-based or non-dairy sources that are meant to take the place of traditional dairy products like milk, cheese, yogurt, and butter are known as dairy substitutes. As consumers have grown more aware of dietary limitations, lactose intolerance, and the ethical concerns surrounding animal welfare, the demand for dairy replacements has increased significantly. These substitutes can be made from a variety of plant sources, including grains, legumes, nuts, and seeds. To accommodate various dietary needs and tastes, they provide a variety of flavours and textures. Common examples include oat-based beverages, coconut yogurt, and almond milk. Dairy substitutes are made using processing techniques that replicate or extract the properties of dairy.

According to SPER Market Research, ‘South Korea Dairy Alternatives Market Size- By Category, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Korea Dairy Alternatives Market is estimated to reach USD 1.38 billion by 2033 with a CAGR of 7.27%.

Drivers: Due to a number of factors, including shifting consumer preferences, environmental concerns, and health consciousness, the dairy substitute business in South Korea has expanded dramatically in recent years. One of the primary causes is the growing incidence of lactose intolerance in South Korean society. Many East Asians, especially Koreans, seek for dairy alternatives to avoid discomfort because a sizable portion of them is lactose intolerant. This demographic change has led to a rise in the demand for lactose-free goods, particularly plant-based substitutes that have similar nutritional benefits. Consumer behaviour in South Korea is greatly influenced by wellness and health-related trends. As consumers become more conscious of the health risks associated with dairy products, they are implementing more dairy alternatives into their everyday routines.

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Restraints: Despite its remarkable growth, the South Korean dairy alternatives market is confronted with a number of obstacles that may jeopardize its long-term viability and growth. The perception of flavour and texture in relation to conventional dairy products is one of the main obstacles. Due to their ingrained preference for the taste and texture of dairy products, many South Korean customers could be reluctant to make the leap to plant-based substitutes. It is quite challenging to override these deeply rooted preferences, even if producers are spending more money on research and development to enhance the flavour characteristics of dairy alternatives. The nutritional suitability of dairy substitutes presents another difficulty. Although many customers think these goods are healthier, their market appeal may be limited by worries about their nutritional value.

The COVID-19 epidemic has altered supply chains, consumer behavior, and market dynamics, which has had a substantial impact on South Korea’s market for alternative dairy products. Initially, the pandemic boosted demand for dairy alternatives as individuals sought for healthier food options to boost their immune systems and overall health. During lockdowns, many individuals adopted plant-based diets because they thought they were healthier and more sustainable. Sales of dairy alternatives, such as plant-based milk and yogurt, surged throughout this period. The epidemic also altered the way that consumers made purchases. Due to restrictions on eating out and a focus on cooking at home, consumers began experimenting with new products, like dairy alternatives.

South Korea Dairy Alternatives Market Key Players:

In South Korea, Seoul is the most dominant market for dairy substitutes. Its significant number of health-conscious customers, notably young professionals, foreigners, and those who follow international culinary trends, is primarily responsible for its prominence. Major players in the market are- Armored Fresh, Califia Farms LLC, Sahmyook Food, Dr Chung’s Food Co Ltd, Blue Diamond Growers.

South Korea Dairy Alternatives Market Segmentation:

By Category: Based on the Category, South Korea Dairy Alternatives Market is segmented as; Non-Dairy Butter, Non-Dairy Milk, Non-Dairy Yoghurt, Non-Dairy Cheese, Non-Dairy Creamers

By Distribution Channel: Based on the distribution Channel, South Korea Dairy Alternatives Market is segmented as; Supermarkets, Hypermarkets, Convenience Stores, Grocery Stores, Restaurants, Cafes, Food Service Establishments

By Region: This research also includes data for Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central 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: –

South Korea Dairy Alternatives Market Size

United States Feed Amino Acids Market Growth, Size, Trends Analysis- By Type, By Livestock- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Germany Pet Food Market Growth 2024, Rising Trends, Revenue, Scope, CAGR Status, Challenges Future Opportunities and Forecast Analysis 2033: SPER Market Research

admin November 21, 2024 Food & Beverage

Pet food is specially designed to cater to the dietary needs of pets, primarily cats and dogs. It is available in various forms such as dry kibble, wet canned food, semi-moist, raw, and freeze-dried options—each offering unique benefits. Dry kibble is convenient and promotes dental health due to its abrasive texture, while wet canned food, with its higher moisture content and palatability, is ideal for pets requiring extra hydration or those with dental issues. Semi-moist food provides a middle ground between wet and dry options, though it is less commonly used. Raw and freeze-dried foods, designed to mimic a pet’s natural diet, are less processed and often preferred by pet owners seeking holistic options. Selecting the right pet food based on the pet’s life stage, health, and nutritional needs is crucial and is best done in consultation with a veterinarian.

Germany Pet Food Market Insights

According to SPER Market Research, the Germany Pet Food Market is projected to reach USD 6.75 billion by 2033, growing at a CAGR of 3.44%. This growth is driven by the increasing emphasis pet owners place on their animals’ health. Many view their pets as family members, prioritizing their nutrition and well-being. This shift has led to a growing demand for high-quality, nutrient-rich pet food.

German pet owners are increasingly opting for premium pet food, moving away from cost-driven choices to focus on quality and nutrition. Currently, over half of German pet owners regularly provide specialized pet food, further fueling market expansion.

Challenges and Opportunities

The pet food market faces stringent regulatory oversight, particularly in developed nations such as the United States and across Europe. These regulations encompass every stage, from ingredient sourcing to production and marketing, driving up costs and intensifying competition. In developing economies, the high price of premium pet food products often limits their market penetration.

However, trends like the rising humanization of pets and innovations in pet food production present significant opportunities for market growth.

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Impact of COVID-19

The COVID-19 pandemic significantly influenced the German pet food industry. With people spending more time at home, pet adoption rates and demand for pet food increased. However, economic instability during the pandemic led some to reduce discretionary spending, including on pet food. Additionally, supply chain disruptions caused delays in the delivery of raw materials and finished goods, leading to occasional shortages.

Regional Highlights and Key Players

North Rhine-Westphalia dominates the German pet food market, benefiting from its high population density and economic affluence. Major companies shaping the market include Agrolimen Pet Care SA, Big Heart Pet Brands, Blue Buffalo Co Ltd, Deuerer, and Diamond Pet Foods.

Germany Pet Food Market Segmentation:

By Product Type: Based on the Product Type, Germany Pet Food Market is segmented as; Dry Foods, Treat/Snacks, Wet Food, Others.

By Animal Type: Based on the Animal Type, Germany Pet Food Market is segmented as; Birds, Cats, Dogs, Others.

By Distribution Channel: Based on the Distribution Channel, Germany Pet Food Market is segmented as; Online Channels, Specialized Pet Shops, Supermarket/Hypermarket.

By Region: This report also provides the data for key regional segments of Eastern Region, Northern Region, Southern Region, Western Region, Central Region.

For More Information, refer to below link: –

Germany Pet Food Market Outlook

United States Meat Substitutes Market Growth, Size, Trends Analysis- By Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Frozen and Canned Seafood Market Growth 2024, Trends, Revenue, Industry Share, Demand, Key Players, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin November 19, 2024 Food & Beverage

Seafood that has been frozen at a low temperature is known as frozen seafood, and it is usually offered for sale in bags or separately vacuum-sealed packets. Seafood that has been cooked and sealed in a can or jar with a mixture of sauce, water, or oil is known as canned seafood. Seafood that has been frozen at a low temperature is known as frozen seafood, and it is usually offered for sale in bags or separately vacuum-sealed packets. Seafood can be preserved by freezing, which usually has no negative effects on its flavor or texture. Seafood that has been cooked and sealed in a can or jar with a mixture of sauce, water, or oil is known as canned seafood. Because canned fish has a longer shelf life and is portable, it can be convenient.

According to SPER Market Research, ‘Global Frozen and Canned Seafood Market Size- By Type, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Frozen and Canned Seafood Market is estimated to reach USD 170.61 billion by 2033 with a CAGR of 5.58%.

Drivers:

As people grow more health conscious and look for wholesome food options, the demand for canned and frozen seafood products is increasing globally. Customers are choosing healthier and more natural food options as a result of the worldwide health and wellness movement. This trend is supported by canned and frozen seafood, which offers a minimally processed, preservative-free source of wholesome protein. New canned seafood items with various flavours, recipes, and ingredients are constantly being developed and introduced by manufacturers. Customers can save time by using canned seafood, which needs little preparation and can be eaten right out of the container. Modern customers’ hectic schedules are increasing demand for canned and frozen seafood products worldwide, which propels market expansion.

Restraints:

Emissions of greenhouse gases (GHGs) are the primary source of a number of environmental problems worldwide. GHGs are trapped in the atmosphere, which raises global temperatures, raises sea levels, causes heat waves and droughts, disrupts rainfall patterns, and intensifies storms—all of which endanger human health worldwide. To regulate and prevent overfishing, governments have established fishing quotas. Government-imposed restrictions thereby limit the rate of fish production. Additionally, the quality of seafood is greatly impacted by the increasing climate. The production is hampered by the lower quality of the seafood. Additionally, as the majority of seafood produced is consumed live, the market’s growth is further hampered by the limited availability to leading manufacturers.

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Travel bans and lockdowns during the early phases of the pandemic caused supply chain disruptions for the global market for canned and frozen seafood. This affected the availability of canned seafood on the market as a whole by causing labour shortages, transportation delays, and difficulties locating raw materials. Frozen and canned seafood, which had a longer shelf life and was easier to store, became more popular as people prioritised necessities and non-perishable food items. The dynamics of the global frozen and canned seafood market were impacted by the rise in demand for shelf-stable goods. E-commerce platforms also became quite popular and were a vital way for canned and frozen seafood to be distributed.

Asia Pacific held the highest canned seafood market share in 2022 owing to the higher per capita consumption in countries such as China, India, and others in the region. Major players in the market are Maruha Nichiro Corporation, Mowi ASA, Nippon Suisan Kaisha Ltd, Sysco Corporation and Thai Union Group PCL.

Frozen and Canned Seafood Market Segmentation:

By Type: Based on the Type, Global Frozen and Canned Seafood Market is segmented as; Fish, Shrimp, Other Seafood.

By Distribution Channel: Based on the Distribution Channel, Global Frozen and Canned Seafood Market is segmented as; Convenience Stores, Online Channel, Supermarkets and Hypermarkets, Others.

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

For More Information, refer to below link: –

Frozen and Canned Seafood Market Outlook

South Africa Animal Feed Market Growth, Size, Trends Analysis- By Type, By Livestock, By Raw Material- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Oman Fruit and Vegetable Market Growth and Size, Rising Trends, Industry Share, Revenue, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin November 18, 2024 Food & Beverage

Fruits and vegetables are key components of a balanced diet, packed with essential nutrients that promote overall well-being. Fruits, the mature ovaries of flowering plants, often have a sweet or tangy taste due to their natural sugars. They are rich in vitamins, minerals, antioxidants, and dietary fiber, which support digestive health and reduce the risk of chronic illnesses. Popular fruits include berries, oranges, bananas, and apples.

According to SPER Market Research, the Oman Fruit and Vegetable Market is projected to reach USD 3.05 billion by 2033, growing at a CAGR of 7.67% during the forecast period.

Market Growth Drivers

Several factors are driving the expansion of Oman’s fruit and vegetable market:

Growing Health Awareness: Increasing consumer focus on healthy living and nutrition has spiked demand for fresh, locally sourced produce. The recognition of the health benefits linked to a diet rich in fruits and vegetables has significantly boosted consumption rates.

Government Support: Initiatives aimed at supporting farmers, adopting sustainable farming practices, and enhancing agricultural infrastructure have bolstered production capacity and streamlined supply chains.

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Challenges Facing the Market

Despite its growth potential, the market faces several challenges:

Environmental Factors: Crops are highly susceptible to adverse weather conditions, pests, and diseases. Climate change-induced disruptions during growing seasons further exacerbate yield unpredictability.

Logistical Hurdles: The perishable nature of fruits and vegetables presents challenges in transportation, storage, and distribution, often resulting in post-harvest losses.

COVID-19 Impact: The pandemic disrupted supply chains with lockdowns, travel restrictions, and reduced demand from the hospitality sector. Farmers and distributors struggled with inventory management due to sudden shifts in consumer behavior.

Key Market Players

Some prominent companies in the Oman fruit and vegetable market include:

Kadam Trading Est Vegetable & Fruits
Al Fawaz International Trading
Byraq International LLC
Others

The Oman fruit and vegetable market demonstrates strong potential for growth, driven by increasing health consciousness and supportive government initiatives, despite ongoing logistical and environmental challenges.

Oman Fruit and Vegetable Market Segmentation:

By Type: Based on the Type, Oman Fruit and Vegetable Market is segmented as; Vegetables, Fruits.

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

For More Information, refer to below link: –

Oman Fruit and Vegetable Market Outlook

United States Meat Substitutes Market Growth, Size, Trends Analysis- By Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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UK Poultry Meat Market Trends, Growth, Share, Key Players, Business Opportunities, Revenue, and Forecast Analysis 2033 — SPER Market Research

admin November 18, 2024 Food & Beverage

The edible flesh from domesticated birds raised primarily for meat production is referred to as poultry meat. It plays a critical role in helping people throughout the world satisfy their protein needs and is a necessary source of animal protein in human diets. Poultry meat provides a multitude of culinary options and comes in a variety of forms, such as fresh, frozen, and processed items.

According to SPER Market Research, ‘United Kingdom Poultry Meat Market Size- By Form, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the United Kingdom Poultry Meat Market is estimated to reach USD 4.96 billion by 2033 with a CAGR of 0.93%.

Drivers:

Urbanization and population growth: As the world’s population expands, particularly in developing countries, there is a larger demand for reasonably priced protein sources, which has led to an increase in poultry meat consumption.

Nutritional benefits and health consciousness: Poultry meat is a popular choice for health-conscious consumers due to its high protein content, lower fat level than other meats, and essential elements.

Convenience and flexibility: To satisfy clients’ demanding schedules, poultry meat offers a variety of cooking options, ranging from simple home-cooked meals to prepared convenience dishes.

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Restraints:

Disease outbreaks and food safety issues: Disease outbreaks such as avian influenza pose a significant threat to the poultry industry, causing supply disruptions and raising consumer concerns about product safety.

Competition from alternative protein sources: As customers seek more sustainable and ethical options, the growing popularity of alternative protein sources such as plant-based meat substitutes and cultured meat poses a potential threat to the poultry meat industry.

Regulatory constraints: Stringent food safety, animal welfare, and environmental regulations can raise compliance requirements and operational expenses for market participants.

Impact of COVID-19 on United Kingdom Poultry Meat Market

The COVID-19 pandemic has had short- and long-term consequences for the poultry meat business. In the short term, the market saw supply chain disruptions such as farm closures, labor disputes, and logistical issues. However, because of its low cost and availability, demand for poultry meat has remained largely stable.

In the long run, the pandemic has expedited some market tendencies. Consumers’ awareness of food safety and hygiene has increased, leading in a greater demand for packaged and processed poultry meat. During lockdowns, customers turned to online shopping, which boosted e-commerce and online retail platforms.

United Kingdom Poultry Meat Market Key Players:

The Southeast area, which includes London, dominates the United Kingdom’s poultry meat market. This supremacy is due to its high population density, strong consumer demand, and vast number of retail and food service establishments. Major players in the market are Avara Foods Ltd, Blackwells Farm, Copas Traditional Turkeys, Cranswick plc, Danish Crown AmbA, Donald Russell Ltd, and Others.

UK Poultry Meat Market Segmentation:

By Form: Based on the Form, United Kingdom Poultry Meat Market is segmented as; Canned, Fresh / Chilled, Frozen, Processed.

By Distribution Channel: Based on the Distribution Channel, United Poultry Meat Market is segmented as; Off-Trade, On-Trade.

By Region: This research also includes data for London, East Anglia, Southwest, Southeast, Scotland, East Midlands, Yorkshire, Humberside.

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: - 

United Kingdom Poultry Meat Market Scope

Europe Food Coating Ingredients Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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South Africa Animal Feed Market Size, Share, Trends, Revenue, Demand, Growth Drivers, Challenges, Key Players, CAGR Status and Business Opportunities Till 2033: SPER Market Research

admin November 15, 2024 Business, Food & Beverage, News

Market Overview and Market Insights: Animal feed is a crucial part of modern livestock production since it offers the nutrients that animals need for growth, health, and productivity. It contains a variety of nutritional ingredients, including carbohydrates, proteins, vitamins, and minerals, which have been specifically designed to meet the dietary needs of various animal species. Animal feed has numerous applications in industries such as poultry, livestock, aquaculture, and pet care. This supplement contributes to the required meat quality, increased milk production, and effective egg laying. The advantages of using well-formulated animal feed include enhanced animal growth rates, improved feed conversion efficiency, reduced disease susceptibility, and improved overall animal well-being.

According to SPER Market Research, ‘South Africa Animal Feed Market Size – By Type, By Livestock, By Raw Material – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Africa Animal Feed Market is estimated to reach USD XX billion by 2033 with a CAGR of 2.65%.

Drivers: Demand for protein-based products, increased health consciousness, and competitively cost nutrition solutions to improve livestock output in a sustainable and healthful manner are some of the factors driving the animal feed market. Every day, the Shoprite Group creates high-quality feed from 1,000 tons of food waste, enough to feed 3000 cattle. Hominy chop, a byproduct of maize milling, is now included in the group’s animal feed formula, alongside dried commodities such as rice, flour, pasta, chips, cereals, snacks, and seeds. As a result, high-quality feed has been maintained. Furthermore, major corporations are driving ongoing technological breakthroughs in feed manufacturing to meet the specific needs of farmers and animal owners.

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Restraints:

Price fluctuation of raw materials – Animal feed manufacturers confront ongoing challenges due to the volatility of raw material pricing, which include grains, soybeans, and fishmeal. Fluctuations in these crucial variables may disrupt manufacturing costs and lower profit margins. Such instability necessitates adequate risk management techniques to mitigate the financial risks associated with fluctuating market conditions.
Increasing Trade Barriers and Tariffs – Trade disputes, tariffs, and geopolitical concerns obstruct the free flow of raw materials and finished feed products. These disruptions destabilize supply networks, raising costs and posing logistical challenges for animal feed manufacturers. Uncertainty around international trade agreements raises market volatility, impacting profitability and competitiveness in the animal feeding industry.

COVID-19 Impact: The government-imposed lockdown, travel restrictions, and corporate shutdowns have had a negative impact on a variety of industries across multiple countries. The Africa Animal Feed Market likewise experienced a decline in growth rate. The feed processing business has been severely damaged by the COVID-19 epidemic, which resulted in supply chain and logistical difficulties as well as a temporary stoppage of production due to lower labor footfall.

Gauteng dominates South Africa’s animal feed market. This area contains a significant concentration of commercial animal farms, advanced feed production facilities, and well-established distribution networks. Key players in the industry include Alltech, Inc., Nutreco N.V., New Hope Liuhe Co., Ltd., Cargill, Incorporated, De Heus Voeders BV, BRF S.A., among others.

South Africa Animal Feed Market Segmentation:

By Type: Based on the Type, South Africa Animal Feed Market is segmented as; Fodder and Forage, Compound Feed.

By Livestock: Based on the Livestock, South Africa Animal Feed Market is segmented as; Pork, Aquatic Animal, Cattle, Poultry, Others.

By Raw Material: Based on the Raw Material, South Africa Animal Feed Market is segmented as; Soy, Corn, Others.

By Region: This research also includes data for Cape, Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Limpopo, Mpumalanga, North West South Africa, Northern South Africa, Western South Africa.

For More Information in South Africa Animal Feed Market, refer to below link –

South Africa Animal Feed Market Share

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

admin November 15, 2024 Business, Food & Beverage

The industry sector that deals with the preparation, serving, and consuming of food and drinks outside of homes is known as food service. This industry covers a broad spectrum of businesses, including food trucks, cafés, restaurants, catering services, and institutional food services like those found in workplaces, hospitals, and schools. The food service industry is vital to the economy because it creates jobs and enhances regional and national culinary traditions. The sector places a strong emphasis on customer service, quality, and safety. Menus are frequently changed to accommodate a variety of dietary trends and tastes, such as plant-based or health-conscious offerings. Technological innovations have revolutionized the food service industry by improving consumer convenience and accessibility through services like online ordering and delivery.

According to SPER Market Research, ‘Mexico Food Service Market Size- By Food Service Type, By Outlet, By Location- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Mexico Food Service Market is estimated to reach USD 127.40 million by 2033 with a CAGR of 6.78%.

Drivers: Numerous important elements influence the food service business in Mexico. The demand for eating out is rising as a result of changing consumer habits and more disposable incomes brought about by urbanization and the middle class. Quick-service restaurants and delivery services have become more and more popular due to the growing trend of convenience and fast-paced lifestyle. Global food trends and a range of culinary tastes also have an impact, which promotes creativity and diversity in menu options. The need for catering and food services is also increased by events and social gatherings. Additionally, the expansion of Mexico’s tourism industry boosts the food service industry as tourists are looking for both international and authentic local eating alternatives.

Restraints: There are several obstacles that the food service industry in Mexico must overcome to expand. Consumer expenditure on eating out and food services can be impacted by several economic uncertainties and swings, including inflation and currency devaluation. The market is also impacted by growing rivalry from foreign and domestic chains, which can result in lower profit margins and price wars. Food service businesses have additional operational complexity due to regulatory obstacles such as labour rules, health and safety standards, and food labelling requirements. The pandemic’s lingering effects, such altered consumer behaviour and decreased foot traffic, still present difficulties. Finally, delays in service delivery and ingredient shortages might result from supply chain interruptions.

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Impact of COVID-19 on Mexico Food Service Market

Due to lockdowns, the COVID-19 epidemic forced restaurants, cafés, and other eating businesses to temporarily close, which had a huge impact on the food service sector in Mexico. As a result, sales and revenue fell precipitously, and many firms found it difficult to survive. As more individuals looked for safe eating alternatives, consumer behaviour shifted toward takeout and delivery services, which forced food service companies to swiftly adopt contactless delivery and online ordering. But the market has recovered because to the progressive relaxation of regulations and the introduction of vaccination programs. Notwithstanding the difficulties, the epidemic has encouraged creativity, leading several companies to expand their product lines and improve their online visibility in response to shifting customer needs.

Mexico Food Service Market Key Players:

Mexico City dominates the Mexico food service market due to its large population, diverse culinary culture, and concentration of business activities, driving high demand for various dining options. Major players in the market are Alsea SAB de CV, Arcos Dorados Holdings Inc., CMR SAB de CV, Domino’s Pizza Inc, Starbucks, Others.

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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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UAE Meat Substitutes Market Growth and Size, Rising Trends, Revenue, Industry Share, CAGR Status, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

admin November 15, 2024 Food & Beverage

Meat substitutes are plant-based foods crafted to replicate the taste and texture of animal meat, offering an alternative for those seeking vegetarian or vegan options. These products aim to provide the sensory experience of meat with potential health benefits and a more sustainable alternative to traditional meat production, reducing the environmental and social impacts associated with conventional meat sources.

According to SPER Market Research, the UAE Meat Substitutes Market is forecasted to achieve a market size of USD XX billion by 2033, growing at a CAGR of XX% as detailed in the report, “UAE Meat Substitutes Market Size- By Type, By Source, By Category – Regional Outlook, Competitive Strategies and Segment Forecast to 2033.”

The UAE’s meat substitute market is expected to see significant growth over the next five years, driven by increasing awareness of health risks linked to meat consumption and the trend toward clean eating. Consistent meat intake has been associated with a higher likelihood of chronic conditions such as obesity, atherosclerosis, and diabetes. The market expansion is further supported by the rising popularity of vegan and vegetarian diets, as well as a heightened focus on personal health and well-being. Additionally, concerns about animal-borne diseases, combined with a better understanding of nutrient-rich ingredients, are driving demand for plant-based alternatives. Market growth is being propelled by the introduction of innovative products with enhanced taste profiles, as well as growing interest in chilled, ambient, and frozen options. Advancements in processing and extrusion technologies and a preference for plant-based proteins are also expected to fuel market growth in the UAE.

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However, challenges such as allergies to soy-based products and the higher costs associated with pea-based substitutes could limit market progress. Additional factors such as high processing expenses and varying consumer acceptance may also present obstacles to the UAE meat substitute market.

The COVID-19 pandemic influenced the UAE’s meat substitute market in two main ways. On one hand, heightened environmental, health, and food safety awareness drove demand for plant-based options. However, supply chain disruptions led to temporary shortages. Restrictions impacted food service sectors, yet some adapted by incorporating more plant-based dishes. The pandemic also accelerated innovation in meat substitutes, with companies investing in products that closely replcate traditional meat in flavor and texture.

Key players in the market include ADM, Amy’s Kitchen, Beyond Meat, Meatless VBites, MGP Ingredients, Quorn Foods, and others.

UAE Meat Substitutes Market Segmentation:

By Type: Based on the Type, UAE Meat Substitutes Market is segmented as; Quorn, Seitan, Soy Products, Tempeh, Tofu, Others.

By Source: Based on the Source, UAE Meat Substitutes Market is segmented as; Mycoprotein, Soy, Wheat,Others.

By Category: Based on the Category, UAE Meat Substitutes Market is segmented as; Frozen, Refrigerated, Shelf-Stable.

By Region: This research also includes data for Abu Dhabi, Dubai, Sharjah, Rest of UAE.

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Dubai Meat Substitutes Market Outlook

United States Meat Substitutes Market Growth, Size, Trends Analysis- By Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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