Nutraceuticals Market Growth and Forecast to 2025

Market Overview

The global Nutraceuticals Market is estimated to reach an annual compound rate of 7.2% between 2020 and 2025. Functional foods are becoming important worldwide and are becoming part of the daily diet of the consumer.

Nutraceuticals are obtained from food sources that have additional health benefits, along with the fundamental nutritional value of food. It can be considered a nonspecific biological therapy used to promote safety, control symptoms and prevent destructive processes. 

Recent Developments:

  •  Patanjali has made remarkable achievements in the United Kingdom with more than $ 1 billion in sales in just ten years of launch.
  •  Holland & Barrett further demonstrates the enormous potential of the nutraceutical market by entering the Indian market.
  •  In 2019, DHA yummies, a new nutritional product from Amway India, supports the dietary differences between vitamin D and omega-3 fatty acids for children older than five years.

Market Drivers 

The increased risk of diseases such as high blood pressure, obesity, diabetes and cholesterol is expected to increase demand for nutraceutical products during the prognosis period. The high costs associated with health care treatments have increased consumer interest in nutraceuticals in recent years. Larger populations of young people in developing countries are likely to boost the global nutraceutical market growth during the forecast period by promoting the consumption of dietary supplements and functional drinks. Nutraceuticals provide essential nutrients such as dietary supplements and functional foods and beverages. Global trends in which nutritional characteristics are foreseen to play an important role are based on personalized nutrition. 

Restraints

Despite the many positive factors, the rise in nutraceutical prices is limiting consumption, especially in underdeveloped countries. Nutraceutical prices are generally higher than medications. 

Market Segmentation

The global nutraceuticals market is classified into functional foods, functional drinks, dietary supplements and personal care by type. Functional foods are divided into foods fortified with omega fatty acids, branded flour, fortified foods with probiotics, branded ionized salt and more. 

The dry sector is expected to have the largest market share during the forecast period. The segment will dominate the market due to its stability, ease of handling and storage compared to its liquid form.

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Regional Analysis

The Asia-Pacific region accounted for a 44.3% share in 2016 and is expected to show the fastest growth during the forecast period as demand for products in India, China and South Korea increases dramatically. As regulatory support increases, the expansion of the retail sector in emerging economies such as China, Indonesia, Malaysia and India are predicted to increase buyer access during the forecast period. 

North America is a mature market, which represents 27.5% of the share of global income. In addition to the high medical costs of developed countries in the region, an increase in the elderly population is expected to have a positive impact on the demand for nutraceuticals during the forecast period.

Key Players

Some industry workers in the nutraceutical market include Royal DSM N.V., Archer Daniels Midland Company, E.I. du Pont de Nemours, Nestle S.A, Cargill Incorporated, General Mills, Inc., Groupe Danone S.A. AND BASF SE.

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Food Colors Market estimated to reach USD 5.12 Billion by 2024

Market Overview

Market Data Forecast published a report named as Food Colors Market. The food colors market worth was USD  3.71 Billion in 2020 and it was estimated to rise at a CAGR of 5.7%, to reach USD  5.12 Billion by 2024. 

Recent Developments

Food colors added to beverages or food items to increase their appeal. Dyes and Pigments are the most usual colorants added to beverages and food items, in liquid, gel paste, liquid gel, and powder form. The global food color market has driven by its ability to improve product appeal and progression in awareness about the beneficial things of natural colors.

The growing food & beverage industry in BRICS in light of the raised domestic consumption has expected to be a main driving aspect for the market over the forecast period.

However, prohibition on the trade of artificial colors hinders market growth.

Report segmented as:

By Type:

  • Natural Colors (Anthocyanins, Carotenoids and Caramel)
  • Synthetic Colors (Red, Yellow, Blue and Green)
  • Nature-Identical

Geographical Segmentation:

Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific has led the global Food Colors Market.

Key market players:

  • Kalsec, Inc.
  • Archer Daniels Midland Company
  • Fiorio Colori SPA
  • Hansen A/S
  • Dohler Group
  • FMC Corporation
  • D. Williamson & Co. Inc. (DDW)
  • Sensient Technologies Corporation
  • Naturex S.A.
  • Koninklijke DSM N.V.

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The Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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Sodium Reduction Ingredients Market – Rising demand for health nutrition food products mixed with increasing consumer awareness about harmful effects of extra sodium intake

Market Overview

Market Data Forecast published a report named as Sodium Reduction Ingredients Market. The global sodium reduction ingredients market has expected to rise at a CAGR of about 10% during the forecast period (2029-2025).

Recent Developments

Sodium reduction is lessening of salt content from the food products. Sodium reduction ingredients using for decreasing salt content from the food products either by replacing the salt from the food or by partially dropping the excess salt from the food products. Sodium reducing ingredients plays key role in food additives industry.

Rising demand for health nutrition food products mixed with increasing consumer awareness about harmful effects of extra sodium intake has driving the global sodium reduction ingredients market.

Government and private company intervention to raise public consciousness about the risky effect of excess sodium intake has also expected to drive the global sodium reduction ingredients market.

Report segmented as:

By Type:

  • Amino Acids
  • Mineral Salts
  • Yeast Extracts
  • Others (Hydrolyzed Vegetable Protein, Trehalose, Nucleotides)

By Application:

  • Dairy
  • Bakery & Confectionary
  • Meat Products
  • Sauces
  • Seasonings & Snacks
  • Others

Geographical Segmentation:

Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific has led the global Sodium Reduction Ingredients Market.

Key market players:

  • Angel Yeast Co. Ltd
  • Advanced Food Systems Inc.
  • Biospringer
  • Armor Proteines SAS
  • Carbery Group
  • Cambrian Solutions Inc.
  • Paul Lohmann Gmbh KG
  • Cargill Inc.
  • Givaudan SA
  • El Du Pont De Nemours & Co. (Danisco A/S)
  • Innophos Holding Inc.
  • ICl – Performance Products LP
  • K+S Kali GMBH
  • Jungbunzlauer Suisse Ag
  • Kudos Blends
  • Kerry Group PLC.
  • Novozymes

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The Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Sugar Substitutes Market Trends and Forecast to 2025

Market overview      

Sugar substitutes are food additives that were used in place of table sugar (sucrose) to sweeten and increase the flavour of edibles. As their intake does not immediately raise blood sugar, these substitutes are widely used in the preparation of beverages and sugar-free foods like candies, baked goods, soft drinks, dairy products, canned foods, powdered drink mixes, puddings and jellies. Some of the standard sugar substitutes that exist in the market include D-tagatose, xylitol, sorbitol, maltitol, Stevia, acesulfame and neotame.

The global sugar substitutes marketreached a worth of US$ 15 Billion in 2020. The market is further estimated to reach US$ 19 Billion by 2024, rising at a CAGR of more than 4% from 2020 to 2025.

 Recent developments

In May 2018, Cargill presented a new zero-calorie sweetener with substances taken from Stevia. The product name ‘EverSweet’ was released amidst the rising demand for healthier substitutions to the synthetic sweeteners.

 Market Drivers and Restrains

The rising demand for low-calorie and zero-calorie products, mixed with rising buyer awareness of sugar substitutes, is the main factor that contributes to the progression of the market for sugar substitutes. Growing awareness of the repercussions of high sugar taking and increasing prevalence of diabetes around the globe is expected to help market growth. 

Changing sugar prices are expected to make opportunities for sugar substitute manufacturers internationally during the forecast period. Rising health-conscious population problems are projected to be one of the significant drivers of market progress. The rising use of Stevia is likely to increase the intake of sugar substitutes and enable the development of this market in the forthcoming years.

 Report is segmented as

By Type

  • High-intensity Sweeteners
  • Low-intensity Sweeteners
  • High-fructose Syrups

By Composition

  • Stevia
  • Aspartame
  • Cyclamate
  • Sucralose
  • Saccharin
  • AceK
  • D-Tagarose
  • Sorbitol
  • Maltitol
  • Xylitol 

 Geographical Segmentation:

Geographically, Europe and North America are the major regions in the global sugar substitute market, while the Middle East and Africa and Asia Pacific are anticipated to witness quick growth in the future.

Key market players:

  • Tate & Lyle
  • Cargill Incorporated
  • I. DuPont De Nemours
  • Archer Daniels Midland Company
  • Ajinomoto Co. Inc.
  • Ingredion Incorporated
  • The Nutra Sweet Company
  • Roquette
  • JK Sucralose Inc.
  • PureCircle

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Infant Nutrition Market Growth and Forecast to 2025

Market overview      

Infant formula contains various nutrients, such as fats, carbohydrates, proteins, minerals, vitamins, and others that are given to babies for their overall growth. Although physicians suggest exclusive breastfeeding for under six months babies, infant formula can be used as a substitute, as it contains similar nutrient contents. 

The global infant nutrition market was worth USD 71.40 Billion in 2020 and is likely to reach USD 98.89 Billion by 2025, rising at a CAGR of 5.58%.

Recent developments

In 2019, BASF released its first HMO, PREBILAC 2’-FL for the infant nutrition market. Thus, the market is hugely competitive, with a high number of key players involved. Most of these players are prolonging their base in the market due to its raised demand from many countries.

 Market Drivers and Restrains

Certain aspects are propelling the development of the market, which include the rise in the working mother population, more spending on baby health, and the increasing demand for organic baby food. Moreover, variation in lifestyle, increase in middle-class people, and development in disposable income in developing economies such as India, Indonesia, China, and the rise in awareness about high nutritional content in the infant formula increases the market growth. However, problems related to food safety and failure in the global birth rate may hinder this growth to some extent.

Report is segmented as

By Product Type

  • Follow-on Milk Formula
  • Starting Milk Formula
  • Special Milk Formula
  • Toddlers Milk Formula

By Distribution Channel

  • Speciality Outlets
  • Online, Supermarkets
  • Chemist/pharmacist/Drugstone
  • Others

Geographical Segmentation:

Based on geography, the market is divided under many regions, such as North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is estimated to be the highest revenue supplier in the global infant nutrition market.

Key market players:

  • Arla Foods Amba
  • Abbott
  • Dana Dairy Group Ltd
  • Campbell Soups
  • D-Signstore
  • Danone
  • Reckitt Benckiser (Mead Johnson & Company LLC)
  • HiPP GmbH & Co. Vertrieb KG
  • The Hain Celestial Group.
  • Nestle S.A.

Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Frozen Bakery Products Market Growth and Forecast to 2025

Market overview

The Global frozen bakery Products market contributes a considerable portion in sales of the food processing market around the globe. Frozen bakery products can be preserved fresh for an extended period. Several frozen bakery products such as frozen pizza crust, frozen bread, frozen cakes, pastries, and patisserie are high in popularity, which increases market demand around the globe.

The global Frozen Bakery Products market was worth US$39,870 Million in 2018, and it is estimated to value at US$49,118 Million by 2025, rising at a CAGR of 4.2% from 2018 to 2025.

Market Drivers and Restrains

The consumer’s desirability for ease in having food products is one of the critical factors that drive the development of the global frozen bakery products market. 

In addition, the growth of retail channels and industrial improving channels are some imperative aspects of the market boom. However, raw material costs of bakery products and favouritism for freshly prepared bakery products could hinder the global frozen bakery products market.

Report is segmented as

By Type

  • Frozen Bread
  • Frozen Pizza Crust
  • Frozen Cake & Pastry
  • Other Frozen Bakery Products

By Distribution Channel

  • Artisan Baker
  • Retail
  • Catering
  • Others 

 Geographical Segmentation:

Based on geography, the world market is divided under many regions such as North America, Europe, Asia-Pacific and the Rest of the World. The Asia-Pacific is dominating the global Frozen Bakery Products Market.

Key market players:

  • Cargill Corporation
  • Kellogg Company
  • Custom Foods, Inc.
  • Conagra Brands Inc.
  • Bridgford Foods Corporation
  • Vandemoortele N.V.
  • General Mills, Inc.
  • Associated British Foods plc
  • Cole’s Quality Foods Inc.
  • Europastry
  • Flowers Foods

Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Accelerating need for body strength proliferates Whey Protein Market

Market Overview:

Global whey protein market is anticipated to expand at a quick rate over the review period on account of its employment in numerous end-use industries and healthcare, personal care, nutritional, food, feed and pharmaceutical business. Whey protein is obtained from cheese, by separating the liquid portion that has the same soluble substance as cow milk, but, with a lower pH scale level. Therefore, it can be consumed by babies and adults, the former being the sector driving the business exponentially on account of its rising employment in child formulations. Whey protein market was valued at USD 8.95 billion in 2019 and expected to rise at a CAGR of 7.1% to reach USD 12.61 billion by the year 2024.

Market drivers and restraints:

Rising awareness about the advantages like betterment in body strength, presence of high nutrients and proteins, prevention against allergic conditions in infants, reverse weight loss in individuals with HIV, and antioxidants defence is estimated to drive the market over the projected period. Rising consumption of protein formulation among infants is another factor determined to drive the market over the foreseen period.

Report segmented as:

By type:

  • Whey protein concentrate
  • Whey protein isolate
  • Whey protein hydrosylate

By application:

  • Dairy
  • Bakery
  • Dietary supplements
  • Confectionery
  • Pharmaceuticals
  • Instant formula

Geographical analysis:

In terms of geography, the global whey protein market can be segregated into North America, Latin America, Europe and the Asia Pacific. Europe and North America are the most significant contributors to the whey protein market on account of inflated production and distribution in countries, as well as United States in North America, and Germany, UK and Lithuania in Europe. In the Asia Pacific, after China, Japan, Korea, Thailand and Indonesia are the quickest developing markets on account of increasing awareness toward protein supplements.

Important market players:

Important players operating in the whey protein market are Hilmar Cheese Company, Glanbia, Davisco Foods International Inc., Milk Specialties Global and Maple Island Inc. Other than companies, Ingredia Inc., Nutribio, Alpavit, Wheyco GmbH, Leprino Foods Company, Milkaut SA, Fonterra Corporative Group Ltd., Saputo Inc. and Agropur Cooperative.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Collagen Peptides Market Size and Forecast to 2024

Market Overview:

The Global Collagen Peptides Market was worth USD 803.5 million in 2019 and estimated to be growing at a CAGR of 7.12%, to reach USD 1133.3 million by 2024. The Collagen Peptides market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rising potential in the emerging economies in various regions across the globe. Collagen Peptide can be described as the chemical compounds, which are rich in protein and are an important part of healthy nutrition. They are responsible for promoting the health of bones as well as joints and also, for making the skin beautiful.

Market Drivers and Restraints:

There are various factors that have been impacting market growth over recent years. The factors having a positive impact are consumers’ preference towards a healthy lifestyle, a wide range of applications of collagen peptide as an ingredient in the food industry. Besides, there are some factors which hinder the market growth as well, which include stringent government laws for animal origin additives, concerns regarding the depleting animal sources. These factors are responsible for holding the market down from its full potential.

Report segmented as

By Product Type:

  • Pigskin
  • Poultry
  • Fish
  • Cattle Hide & Bone

By Application:

  • Snacks & Cereals
  • Beverages
  • Meat & Poultry Products
  • Dairy Products

Geographical Analysis:

On the basis of geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Collagen Peptides market was dominated by North America, with the overall market share of over 34% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.

Important Market Players:

Some of the major companies dominating the market, by their products and services include Darling Ingredients Inc., Weishardt Group, Tessenderlo Group, Cargill, Incorporated, Kewpie Corporation, Gelnex, Danish Crown A/S, Gelita AG, Italgelatine S.P.A., Lapi Gelatine.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Growth in athletes proliferates the Global Sports Drink Market

Market overview

Sports drinks are beverages that contain salt, sugar, protein, carbohydrates, minerals, vitamins, and electrolytes such as potassium, sodium, and other ingredients. They are mostly preferred by sportspersons, athletes and others, to restore energy level, electrolytes, and water before and during exercise. 

The primary goal of consuming Sports drink is to improve the nutritional contents, which are lost during sweat and to raise energy metabolism in the human body. 

Global Sports Drink Market is projected to rise at a CAGR of 4.5% during the forecast period 2019-2024.

Market Drivers and Restrains

Primary reasons driving the development of sports drink in the global market are it supports to increase the performance, endurance and assist athletes in doing intense exercise and lengthy training. 

The growing population of sportspersons and athletes in emerging countries are also some other aspects driving the progression for sports drink in the global market.

Rising competition in sports, high-popularity training and exercise are fuelling the development of sports drinks in the global beverages market.

The report is segmented as

By Type

  • Isotonic
  • Hypotonic
  • Hypertonic

By Ingredient Types

  • Aqua/Water
  • Additives

 Geographical Segmentation:

Based on regional segment, the market for sports drink is segmented into North America, Latin America, Asia-Pacific, Japan, Western Europe, Eastern Europe and the Middle East & Africa. Of these regions, North America contributes the largest portion to the global business of these beverages.

Key market players:

  • Gatorade the sports fuel company
  • The coca-cola company
  • Ba sports nutrition, llc.
  • J donohoe beverages ltd.
  • Pepsico
  • All sport, inc.
  • BE Innovations
  • GU Energy Labs
  • Otsuka Pharmaceutical Co., Ltd.
  • CytoSport, Inc

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Dairy Packaging Market Trends and Forecast to 2024

Market Overview:

World Dairy Packaging Market was worth USD 20.57 billion in 2019 and is estimated to register a CAGR of 4.61% during the forecast period. The growing culture of healthy snacking, higher consumption of ready-to-eat foods, and the increase in online and mobile shopping is altering the way food is being purchased and consumed. This, together with the changing customer lifestyles to more health-conscious eating, is estimated to reinforce the market.

Market drivers and restraints:

Many health & nutritional advantages related to the use of packaging materials have boosted the demand for dairy products in recent years, which is estimated to drive the global market throughout the forecast period. The key restraining factors of the dairy food packaging market are compliance for product safety, increasing price of raw material, sanitation and worker safety. Nevertheless, usage information on the packaging can dissuade a buyer from buying, which is one of the firsthand disadvantages for dairy packaging.

Report segmented as:

By Type:                  

  • Tubs
  • Cups
  • Bottles
  • Cans
  • Pouches
  • Carton
  • Boxes
  • Others

By Material:

  • Glass
  • Plastic
  • Metal
  • Paperboard
  • Others

By Application:

  • Milk
  • Cheese
  • Frozen products
  • Cultured dairy products
  • Cream
  • Butter
  • other

Geographical analysis:

The world Dairy packaging market is segmented across North America, Europe, Asia- Pacific, Latin America and the Middle East and Africa. Asia-Pacific is likely to exhibit the highest CAGR in the dairy packaging market throughout the forecast period due to the growing R&D facility. Rising countries like China and India are estimated to lead this growth trend in Asia-Pacific.

Brazil is estimated to drive the dairy packaging market by 2021 in Latin America because of increasing customer consciousness regarding the advantages of health drinks and their packaging types and material used. North America and Western Europe are the major markets for dairy packaging but are likely to witness sluggish growth by 2021.

Important market players:

Some of the major companies in world dairy product packaging market are Amcor Limited, Aloca Inc., Ball Corporation, DuPont(EI) de Nemours, Reynolds Group Holdings Limited, Inc, saint- Gobain S.A., Tetra Laval International S.A. to name a few.

View a sample and decide:

https://www.marketdataforecast.com/market-reports/dairy-packaging-market/request-sample

The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

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