food and beverages

Honey Market Analysis | Global Overview, Trends and Forecast to 2023

Market Overview

Honey is a natural sweetener produced by bees and extracted through plant’s nectar. The major components of honey include carbohydrates, water, nitrogenous substances, and minerals. Honey is considered to be a potential replacement for table sugar. The market for honey is anticipated to increase during the forecast period based on increasing health consciousness among the consumers and rising demand for an alternative to table sugar.

The widening range of applications for honey products is catalyzing the growth in the global Honey Market Analysis. Market Research Future (MRFR) has recently published a report on the global honey market which reveals that the market will grow at 6.72% CAGR from 2017 to 2023. The health benefits associated with the intake of honey such as controlled blood sugar levels, weight loss, etc. is fueling the demand among the consumers. The consumers are well aware of the health benefits these days which is driving the market growth. The increasing demand for mono-floral honey is one of the most significant factors responsible for the growth of the market. Moreover, increased research & development activities, and, food additives for flavor enhancement such as Lychee, Sunflower, Jamun, Neem, Coffee, Tulsi, Ginger, Garlic etc. has catalyzed the revenue generation out of the market. Another major factor responsible for the expansion of the market is the medicinal advantage of honey.

Some of the restraints that are slashing the growth of the market are fluctuating prices of honey, adulteration practices, health disorders caused due to consumption of toxic or excess honey, etc.

Leading Key Players

The major players profiled by MRFR in its report are Billy Bee Honey Products (Canada), Capilano Honey Ltd. (Australia), Barkman Honey Llc (U.S.), Bee Maid Honey Ltd. (Canada), Dabur India Ltd. (India), Comvita Ltd. (New Zealand), Lamex Food Group Ltd. (U.S.), and, Beyond The Hive (U.S.). The market players are striving to introduce innovative production technologies for responding to the consumer demand for wholesome honey. The competitive landscape of the market represents vigorous competition among market players trying to gain an edge over others by opting for ways and means such as acquisitions & mergers, product portfolio expansion, investments in manufacturing equipment, technological advancements, etc.

Comvita, a leading manuka honey brand, has secured a deal with Costco for the expansion of its retail reachability in the U.S. and Canada. The company will also be opening a new store on Amazon. The leading product of Comvita, certified UMF® 5+ Manuka honey, will now be available throughout Canada in 200 US Costco locations and warehouses.

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Industry Segmentation

By type, the global honey market is segmented into alfalfa, wildflower, buckwheat, acacia, clover honey, and, others. The wildflower honey segment is estimated to account for maximum control over the market and is projected to grow saliently at a CAGR of 7.35% during the projection period.

By application, it has been segmented into Personal Care Products, Food & Beverage, Pharmaceuticals, and others. The food & beverage segment accounts for a dominating share in the market due to accelerating demand for honey in food products. This segment will expand at a CAGR of 7.26% during the forecast period.

By packaging, the market has been segmented into Bottle, Jar, Tub, Tube and others. The bottle segment will account for approximately 45% of the market share. The expected CAGR for this segment during assessment period is 6.72%.

Regional Analysis

By region, the Global Honey Market Analysis has been segmented into Europe, North America, Asia Pacific, and Rest of the world (RoW). Asia Pacific market will exhibit dominance with respect to share and control in global market. The growth of the market in Asia Pacific region can be attributed to increased consumption, accelerating production, the presence of manufacturing plants, booming agricultural industry, etc. The production value of the market is about to reach 1,162.8 kt by the end of 2023. The markets in North America and Europe will show an upward trend representing the growth of the market owing to increased investments in research & development activities. The catalyzing inclination towards healthy food habits and increasing awareness are also fueling demand for honey in these regions. North America region has been witnessing growth in food & beverage sector which is another factor responsible for market expansion in the region. The Rest of the World (RoW) region encompasses markets such as Latin America, Middle East & Africa. This region is projected to expand at a moderate CAGR of 7.31% from 2017 to 2023.

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Tortilla Market Analysis | Size, Value Demand and Forecast to 2023

Market Overview

Tortilla, in its various forms, has gained significant global popularity. The Asia-Pacific tortilla market has been predicted to reach an evaluation of approximately USD 2 billion by 2023 and achieve a CAGR of 2.52% during the forecast period of 201to 2023. These figures have been disclosed in the Market Research Future’s recently published report on the subject.

Consumers’ increasing inclination toward healthier options, particularly convenient healthy options, have encouraged the demand for corn tortillas. Another result of the increasing demand for healthy and convenient food has been the innovation of the product to include a combination of healthy ingredients, thus increasing market growth. Use of ingredients such as chia seeds, flax seeds, spinach, and whole wheat. Additionally, low calorie and low-fat versions of tortillas are also available thus meeting the demand for a healthy alternative to bread and as a result facilitating market growth. Made from corn or wheat, this flatbread is often used as an alternative to bread. Ease of use and preparation of tortillas, and the availability of different forms of tortilla such as tortilla chips, frozen tortillas, and pre-cooked tortillas, drives demand for this product and its variations.

Fluctuating supply of corn due to changing climatic conditions is likely to prove as a restraint for corn-based tortillas and affect prices of the final product. However, product innovation and will create new avenues for growth in the market during the forecast period.

Major Key Players

Several key players have been profiled in the Asia-Pacific Tortilla Market Analysis Report. These include Grupo Liven S.A., Ole Mexican Foods Inc., Tyson Foods Inc., Gruma SAB de CV, Grupo Bimbo SAB de CV, General Mills, and Azteca Foods Inc.

Latest Industry News

Japanese company, Ajinomoto Foods has made an agreement with Tyson Foods to acquire their Circle Foods operations for $ 48 million. Circle Foods, which was acquired by Tyson Foods in 2013, is a manufacturer of refrigerated and frozen Mexican food products such as tortillas and burritos.

Regional Analysis

China presently holds the largest market share among all other countries in this region and is expected to continue its dominance over the forecast period. The rapidly improving economic conditions, and rising disposable incomes have increased the demand and consumption of tortilla products in this country. China’s tortilla market is projected to value USD 580.96 million by 2023. Meanwhile, Australia & New Zealand are fast-growing regional market segments which are expected to witness a CAGR of 2.88% during the forecast period.

Industry Segmentation

The Asia-Pacific market has been broadly segmented by product type, claim, source, distribution channel and region.

By product type, the market has been segregated into tortilla mix, pre-cooked tortilla, frozen tortilla and tortilla chips. Of these, the pre-cooked tortilla segment has the most significant share and is expected to achieve a CAGR of 2.92% during the forecast period of 2017 to 2023.

By source, the market has been divided between corn and wheat. Corn is the largest segment and will witness a CAGR of 2.43% during the forecast period. However, the wheat segment is expected to experience a high CAGR of 3.23% over the forecast period.

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By claim, the market has been segmented into gluten-free, low-carb and others. Among these, the low-carb segment is projected to grow the fastest with a CAGR of 3.03% during the forecast population. This growth is attributable to the increasing demand for low calorie and low-carb products for weight management purposes.

By distribution channel, the market has been divided between store-based and non-store based. The store-based segment has approximately 90% of the total market share due to tortillas commonly being available at hypermarkets and supermarkets with other grocery items and convenience foods.

By region, the market has been segmented into China, India, Japan, Indonesia, Thailand, Vietnam, Republic of Korea, and Australia & New Zealand.

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Nutraceuticals Market Analysis | Global Demand, Key Players and Forecast to 2025

Market Insight

Nutraceuticals Market mainly constitutes functional foods and beverages as well as dietary supplements. They are available in various forms including powder, pills, liquid, capsule which help in minimizing the risks of chronic diseases and helps in further providing health benefits. Rising cases of obesity is boosting the growth of the nutraceuticals market. With a global increase in the prevalence of obesity, exercise and nutrition play a crucial role in its prevention and treatment. The nutraceutical market has experienced significant growth due to these reasons.

The prevalent trend in the market is to be preventive of diseases rather than deal with the health issues, which involve huge healthcare costs in developed economies. The consumer preference from synthetic ingredients to organic foods is shifting, thus they incline towards the nutraceutical foods to pharmaceutical drugs. Nutraceuticals are products that are derived from food sources with extra health benefits in addition to the basic nutritional value found in foods. They are considered biological therapies used to prevent malignant processes, promote general well-being and control symptoms. This includes whole foods and enriched, fortified, or enhanced dietary components that may reduce the risk of chronic disease and yields many health-related benefits. Due to numerous benefits provided by these products, there is a meteoric expansion taking place in the nutraceuticals market. Market Research Future (MRFR) reports extensively that the market is expected to be worth USD 319.6 billion reaching the CAGR of 6.70% by 2025.

Major Key Players

The important players in the Nutraceuticals Market Analysis Global are GlaxoSmithKline Plc., Kellogg Co., Kraft Foods, Nestle S.A., E. I. du Pont de Nemours and Company, BASF SE, Archer-Daniels-Midland Company and Pepsi Co

As early entrants in the emerging nutraceutical platform, excellent scientific capabilities and equipment are required. Aspiring companies in this market plan and recruit for these in advance if they are vying for a comfortable position in the market. Market players have been trying to amplify their competitive edge by setting up innovation centers for new product development. Global vendors count on widespread distribution of networks to ensure sales in various regions. Manufacturers are engaged in extensive R&D to develop innovative products and maintain the competition within the market. The market is price-sensitive and observe a high degree of competition.

Industry News

As reported in June 2018, PepsiCo is launching plant-based packaging. It’s announced that it will launch the first ever 100% compostable, plant-based packaging this year.

DuPont Safety & Construction has invested over $400 Million to increase Tyvek® Capacity. The production expansion is scheduled to start up in 2021.

Kellogg Co. has risen 2.71% for 28 May 2018, cited among the biggest risers on the S&P (The Standard & Poor’s 500).

Industry Segments

The market for nutraceuticals globally is segregated into Ingredients, Types and Distribution Channel. The segment of ingredients includes vitamins, probiotics, and minerals, protein, omega-3 and peptides and others. Omega-3 will potentially observe the maximum growth rate followed by probiotics in the imminent years. The types of nutraceuticals are functional foods, functional beverages, and dietary supplements. Focusing on type, dietary supplements are reckoned to undergo the utmost growth rate of 6.88% on a global level. The distribution avenue comprises of store based and non-store based. In the distribution channel category, store-based distribution channel are reigning with a prime share of 74.49% in 2017.

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Regional Analysis

Global Nutraceuticals Market spans across four regions North America, Europe, Asia Pacific and the rest of the world. In accordance with Market Research Future (MRFR), in terms of volume and value, North America is projected to subjugate the nutraceuticals market sitting comfortably at the top position with share of 36.69%. On the other hand, Asia Pacific is estimated to grow at 7.82% during the forecast period. The European market for nutraceuticals also stands for promising segments, although at more average rates. The ever-changing lifestyles and growing preferences towards healthy style of eating act as prime driving forces for Asia Pacific nutraceuticals market. Excessive consumption of junk food, alcohol and smoking has led to imbalance in nutritional requirements, in turn leading to elevated demand for nutraceuticals in the region.

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Nutritional Bar Market Analysis | Global Demand, Key Players and Forecast to 2023

Market Analysis

Nutritional bars are gaining popularity among the working-class population. The trend is prognosticated to continue over the next couple of years. However, the availability of different substitutes is projected to hold the expansion of the global nutritional bar market in the upcoming years.

Market Research Future (MRFR)’s new study reveals that the global nutritional bar market is set to strike a moderate growth rate during the forecast period. The increasing awareness about healthy food habits has accelerated the consumption of nutritional bars. Additionally, the changing lifestyle of the population due to urbanization and increased disposable income has intensified the demand for nutritional bars as a meal replacement snack owing to its rich nutritional content.

The key players are endeavoring to introduce flavor innovations along with the addition of healthier ingredients such as omega-3 for capitalizing on the growth opportunities. This, in turn, is expected to catalyze the expansion of the nutritional bar market. The product has gained popularity as a healthy snack among the sports enthusiasts, which is likely to augment the nutritional bar market over the assessment period.

Major Key Players

Some of the key players profiled in this report are Kashi Company (U.S.), Quaker Oats Company (U.S.), Atkins Nutritionals, Inc. (U.S.), Clif Bar & Company. (U.S.), General Mills Inc. (U.S.), Kellogg Co. (U.S.) and Mars Incorporated (U.S.)

Market Segmentation

By type, the Nutritional Bar Market Analysis has been segmented into protein bars, meal-replacement bars, snacks bars, whole food bars, and others. Among these, the protein bars segment is currently dominating the market owing to its rich protein content which is highly in demand by the health-conscious consumers. Meanwhile, the meal-replacement bars segment is expected to expand at a relatively higher CAGR over the assessment period.

By flavor, the global nutritional bar market has been segmented into chocolate, fruits, peanut butter, savory, spices, and others. The chocolate segment holds the pole position at present. The fruits and peanut butter segments are projected to exhibit steady growth through the forecast period.

By distribution channel, the nutritional bar market has been segmented into store-based and non-store based.

Regional Analysis

By region, the global Nutritional Bar Market has been segmented into North America, Europe, Asia Pacific and the Rest of the World. Asia Pacific is one of the largest markets for nutritional bars. The exponential population coupled with the economic growth of the region is expected to drive the growth of the nutritional bar market in the upcoming years. Furthermore, the increasing awareness about healthy food habits is another significant factor responsible for fueling the demand for nutritional bars in the region.

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North America is an important growth pocket of the global nutritional bar market. The consolidation of the major key players such as Mars, Kellogg, Atkins Nutritionals, etc. is projected to impact the growth of the regional market positively. Furthermore, the shift in consumer behavior towards a healthy lifestyle is poised to intensify demand in the nutritional bar market. Europe is likely to register a healthy growth over the next couple of years. The growth trajectory of the market is guided by the flavor innovations added to the product portfolios by the key players.

Industry Developments

In August 2018, Herbalife Nutrition, a global nutrition company, has launched Herbalife24 ACHIEVE Protein Bar which is a convenient snack for long-lasting energy.

In October 2018, one brands, producer of protein snacks, has launched new white chocolate truffle protein bar.

In October 2018, NutreeLife, based in Preston, England, has launched a new product line “Live Well” which is claimed to be the first vegan protein bar snack bar in Great Britain.

In October 2018, Mars Wrigley Confectionery, a global leader in the confectionery industry, will be rolling out new variations of Mars and Snicker bars in the U.K. from January 2019. The new bars will be containing high protein and less sugar.

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Organic Spices and Herbs Market Analysis | Global Demand, Size, Share and Forecast to 2023

Market Insight

The people of the modern era want a larger variety to select from when it comes to food items. It has been observed that there has been a dramatic increase in the demand for comfort food and beverage products. This fact contributes immensely towards the growth of this market. Additional factors like rising importance of organic spices & herbs, usage of it in the preparation of various flavor rich food products, higher awareness regarding the medical properties of organic spices, increased instances of pesticide-related diseases, switch in food patterns and acceptance of several international food variants further propel the expansion of this market. On the other hand, the market also comes across certain minor hurdles like adamancy of farmers to switch to organic farming. Efforts are being taken in this direction and soon a solution will be found to cope with this issue.

The organic spices and herbs market has witnessed tremendous growth in the past few years. A solid reason behind its expansion is the constant demand for better and chemical-free spices & herbs. Across the globe, the demand for organic products, be it food, beverages or even herbs & spices is at an all-time high. Therefore, it has been asserted by the experts that the worldwide Organic Spices and Herbs Market Analysis will be successful in unleashing its maximum potential in the forthcoming years. The statistical data clearly backs this fact, the market is expected to reach approximately 3,687 kilo tons by the end of the projection period. On the other hand, the CAGR for this tenure will be 3.722%.

Global Market Players & Key Strategies

Some of the most popular names in this Industry are Yogi Botanical Pvt Ltd, Rapid Organic Private Ltd., Organic Spices, Starwest Botanicals and Spice Hunter

This market is quite a competitive space and the stakeholders need to keep evolving constantly to make the most out of their business. For this, they employ certain strategies like acquisitions, strategic partnerships and business expansion.

Industry Segmentation

The worldwide market for organic spices and herbs has been segmented into four portions. Each of these portions is further branched out and they are listed as below:

Applications – Sauces & dips, personal care, culinary, snacks & convenience food, meat & poultry products, soups & noodles, beverages, ready to eat meals and personal care.

Spices type – Turmeric, cumin, cloves, chilies, pepper, cinnamon, garlic, cardamom and ginger.

Forms – Essential oil, whole, crushed/chopped and powder.

Herbs Types – Oregano, Sage, Kaffir lime leaves, basil, bay leaves, thyme, mint, dill, celery and Rosemary.

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Comprehensive Geographical Analysis

Global Organic Spices and Herbs Market is segmented into Europe, North America, Asia Pacific and Rest of the World (RoW). Among this Asia Pacific region has the major market share followed by North America. Asia Pacific region is expected to maintain its dominant position in upcoming years due Presence of various agro-climatic zones and seasons support various organic spices and herbs production in this region. Vietnam and Indonesia will witness higher growth in organic spices and herbs market during the forecast period (2017 to 2023) due to increasing production of chilies and pepper in these countries. Spain and Ukraine are one of the fastest growing countries in organic spices and herbs market in the Europe region as increasing demand for high quality organic herbs is playing key role in Europe region. Chili, Parsley, Mint and Marjoram are dominating the North America region due to increasing popularity of organic spices and herbs in developed countries especially in U.S. and Canada.

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Beer Market Analysis | Global Overview, Leading Players and Forecast to 2023

Market Overview

Beer is a fermented alcoholic beverage brewed with traditional methods and ingredients. Malt is the primary source of fermentable sugars in brewing. When yeast is added to the wort, it will convert sugars to alcohol. Hops are introduced in the wort to balance the flavours in beer. Without hops, beer would be sweet. The acids and oils in hops help to balance the flavour and add aroma. Yeast grows and multiplies by consuming the sugar present in malt, and thus, converts sugar into alcohol and releases CO2. Different strains of yeast give different flavours to beers. Hence, manufacturers preserve their specific strains so that the quality of beer is not hampered. Due to the high popularity and demand associated to beer consumption, the market is growing at an incremental pace of development on the global stage.

Urbanization represents the demographic trend highlighting the world’s population becoming increasingly concentrated in urban communities, resulting in significant changes to the environment and lifestyles. Robust economic growth, rising urbanization, and explosion in the middle-class population especially in developing countries, coupled with cheap labour force, ease of doing business and rising disposable income has attracted international retailers to enter and expand in regions such as India, China, Brazil and Mexico and gain strong foothold in the market. Globalization and urbanization has significantly affected the composition of human diets and this urban life encourages the consumption and use of goods with nutritional benefits. Changing life styles of the consumers, beer plays a significant factor in the sociological factors. Looking at the economic development at global level and specifically for BRIC countries, the increasing purchasing power of consumers, trends of healthy consumption leading to changes in consumption basket of consumers are likely to remain significant. The increasing consumption of beer is driven by this desire to socialize and spend some quality time with family and friends. Moreover, disposable income of the consumers has increased exceptionally in the developing nations of Asia Pacific which in turn propels the sales of beer. Moreover, increasing food service industry has created a favorable environment to grow beer market in developing nations.

Major Key Players Review

Key players in the Global Beer Market Analysis are inclined to introduce new products in the market or to extend the product line of renowned product. Also, the company promotes their new products on social media in order to reach many customers. This promotional strategy aids to retain the existing the customers and also to acquire new customers.

Moreover, key players are emphasizing in the research & development in order to introduce new products. Apart from that, key players are increasing their production capacity in the emerging economies to increase the sales. Cost of production of beer is less as compare to the developed economies which will increase the company’s overall profitability.

In addition, packaging is one of the important factors in the alcoholic beverages. Key manufacturers are focusing in the packaging solutions.

The key players profiled in beer are Heineken N.V. (Netherlands), United Breweries Limited (India), SABMiller plc (U.K.), Anheuser-Busch InBev SA/NV (Belgium), Carlsberg Group (Denmark), Diageo Plc. (U.K.), Tsingtao Brewery Co., Ltd. (China), Boston Beer Company (U.S.), Beijing Yanjing Brewery (China)

Market Segments:

The global beer market has been divided into type, source, packaging, production and region.

Based on Type: Pale ale, Stout, Mild ale, Lager, Porters, Lambic, Marzen, Bock and Others

Based on Source: Barley, Wheat, Rice, Corn, Millet, Sorghum, Cassava roots, Agave and Others

Based on Packaging: Can, Bottle and Draught

On the Basis Of Production: Micro and Macro

On the Basis Of Region: North America, Europe, Asia Pacific and ROW.

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Regional Analysis

Global Beer Market is segmented into Europe, North America, APAC, and Rest of the World (RoW). Among the regions, Europe is estimated to account for the significant market proportion in the globe beer market in the year of 2018. The region is estimated to retain its dominance throughout the forecast period of 2017-2023. Among the European countries, Germany is estimated to hold highest market share in Europe region. However, Asia Pacific region is projected to expand at a high growth rate during forecast period. The growth of the Asia Pacific region is anticipated to be driven by various factors. Changing consumer lifestyles of the consumers is likely to positively impact the growth of the global beer market. Premiumazation is one of the recent trends in Asia Pacific region. Latin America region is also expected to witness moderate growth over the forecast period.

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Matcha Tea Market Analysis | Global Demand, Leading Players and Forecast to 2023

Market Analysis

Matcha Tea a Speciality tea, although formed from finely powdered green tea; has different processes of harvesting and preparing. Harvested by covering the tea plant with a cloth Matcha Tea is prepared by simmering the tea power and then whisking the decoction to froth using a bamboo stick. These different processes offer it a better texture, a deep flavour along with high degrees of amino acid/ L-theanine that inhibit probable side-effects of caffeine. According to medical science, L-Theanine acting upon the brains functioning gives a feeling of relaxation & well-being. By creating alpha waves, it induces a relaxed yet alert state.

Also increasing acceptance and adoption of this tea as a result of changing lifestyle in the developing countries is contributing to foster the market growth. Similarly, improving lifestyle fuelled by the spreading urbanization & improving economy is propelling the market growth of Matcha Tea. On the other hand, high initial investment factor is challenging the growth of this labour intensive market. The latest trend observed during the analysis is matcha-infused drinks and desserts.

Key Players

The market is substantially competitive yet consolidated due to the limited number of players operating in the market. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. The Key players operating in the market compete based on product portfolio, quality & product launch, and reputation. They aim to achieve this by providing excellent customer service, reliable delivery, competitive pricing, and free shipping.

Well established players partner with the raw material suppliers to provide the best-quality Matcha Tea Market Analysis, they invest heavily in the R&D to develop new taste and attractive packaging. The significant growth in the market and immense revenue generation opportunities are attracting several new players to enter the Matcha Tea market. Tata Global Beverages Ltd (India), The Unilever Group (U.K.), MARUKYU KOYAMAEN Co. Ltd. (Japan), AOI Tea Company (U.S.), Nestlé SA (Switzerland), Aiya Co. Ltd. (Japan) and ITO EN, LTD. (Japan)

are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Matcha Tea Market.

Regional Analysis

Global Matcha Tea Market is “Spread across” can be used to increase the readability. North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, Asia Pacific region is expected to retain its dominance throughout the forecast period and will grow at a CAGR of 9.69%. Europe will be the fastest growing region in matcha tea market, market value will grow at a CAGR of 10%. Latin American countries offer ample expansion opportunities for major players. The growing awareness about various health benefits of matcha tea in North America, Latin America & Middle East will support the market growth during the review period.

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Segments

Global Matcha Tea Market is segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;

By Type : Comprises Caffeinated & Decaffeinated.

By Formulation: Plain & Flavoured.

By Distribution: Store Based and Non-Store Based.

By Form: Loose Leaf, Powder, Tea Bags and other.

By Regions: North America, Europe, APAC and Rest of the World.

Segment Flavoured Matcha Tea is expected to perceive a higher growth rate during the review period.

Whereas, Segment Store based will lead the global Matcha Tea market during 2017-2023.

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Essential Oil and Aromatherapy Market Analysis | Emerging Trends, Global Demand and Forecast to 2023

Market Insight

Essential oil is a concentrated volatile aromatic oil derived from plants and animal sources. Aromatherapy is the use of essential oils and other aroma compounds for improving psychological or physical well-being. Growing Awareness and Use as Complimentary Therapy Is the Prime Determinant of the Market Aromatherapy is offered alongside standard treatment for a variety of diseases such as pain management in labor, anxiety, short-term memory, relaxation, hair loss, and eczema-induced itching, post-operative nausea and vomiting, behaviors management in dementia, and symptom relief in cancer.

Lack of Scientific Validation, Concerns of Adverse Effects and Standardization May Hamper Market Growth There is a lack of scientific evidence regarding the effectiveness and efficacy of aromatherapy and no medical evidence that it can prevent or cure any disease. Aromatherapy carries a risk of some adverse effects such as poisoning, skin sensitivity reactions, liver damage, and seizures. Thus, lack of evidence of its therapeutic benefit, and growing safety concerns has discredited the practice. Lack of standards for essential oils and growing stringency of the Food Chemicals Codex (FCC) is another restraint on the market.

Growing awareness and psychometric changes resulting in increasing popularity of aromatherapy to promote psychological well-being, relaxation therapy in psychological disorders and as a symptomatic treatment in ailments such as digestive problems, common cold, cough, burns, acne, and others. Growing Acceptance of Cosmetics Led by Skin Treatments Is a Prime Determinant of the Market. Rising adoption of cosmetics and unconventional alternative medicine has resulted in market growth. Increasing adoption of aromatherapy for skin treatments coupled with the rising income of women has a positive impact on its market. Essential oil & aromatherapy is being increasingly used for insomnia, menstrual problems, acne and others. Low side effects are another driver of the market.

Top Key Players

The prominent players profiled in the Global Essential Oil and Aromatherapy Market Analysis is Young Living Essential Oils (U.S.), G Baldwin & Co (U.K.), Mountain Rose Herbs (U.S.), Ryohin Keikaku Co., Ltd. (Japan) Rocky Mountains Oil (U.S.), doTerra (U.S.) and Thann (U.S.)

Segments

Global Essential Oil & Aromatherapy Market is segmented by product type, application, flavors and regions so that the reader will have a better understanding of the market.

Based on the product type, the market is segmented into blended oils, essential oils, carrier oils and others. Essential oils account for the most significant share of the market due to their high value.

Based on the flavors, the market is segmented into fruits, flowers, herbs, spices others. Fruits based flavors account for the most significant share of the market.

Based on the application, the market is segmented into food & beverages, medical, personal care (cosmetics, toiletries, fragrances, others), homecare, spa & wellness products, and others. Personal care segment accounts for the significant market share.

Based on regions, the market is segmented into Europe, North America, Asia Pacific, Middle East, and Africa.

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Regional Analysis

North America accounts for the significant share of the global Essential Oil and Aromatherapy Market, followed by Europe. The U.S., U.K., Germany, France and Netherlands are the major importers of essential oil & aromatherapy owing to demand for relaxation therapy and spa’s and wellness centers.

The developing regions of Asia Pacific, especially China and India are the major exporters of essential oil & aromatherapy. The Middle East and Africa is dominated by the Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.

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Gluten Free Bakery Market Analysis | Size, Value Demand and Forecast to 2023

Market Analysis

Global Gluten Free Bakery Market is projected to grow at the CAGR of 9.7%. Gluten is a combined of storage protein such as prolamins and glutelin’s. Gluten is found in wheat, barley, rye, oat, related species and hybrids. Gluten causes various disorders which include celiac disease, non-celiac gluten sensitivity, gluten ataxia, and wheat allergy. The demand of the gluten free food product is increasing gradually owing to the increasing consumer awareness regarding celiac diseases. Among the gluten free food product, gluten free bakery & confectionery is gaining traction.

Global Gluten Free Bakery Market is anticipated to be driven by the increasing chronic diseases in the Europe region. Celiac diseases are increasing massively in the developed economies which in turn accelerate the demand for the gluten free bakery products. Increasing consumer awareness regarding gluten allergy is anticipated to propel the demand of the gluten free bakery products in the upcoming decade. Also, strong growth of organized retail sector is considered to be one of the significant reason of the rising growth of gluten free bakery. Key players are emphasizing to promote their new product offerings in the supermarkets & hypermarkets which is creating an awareness to the consumer of gluten free bakery.

Key players in the Global Gluten Free Bakery Market are emphasizing to enhance their investment in product development in order to extend the product line. Also, the companies are also inclined to increase their footprint across the world by acquiring local and regional players. Apart from that, the companies are introducing their products in the developing economies in order to penetrate in the untapped market.

Major Key Players Demand

The key players profiled in the Gluten Free Bakery Market Analysis are Freedom Foods (Australia), General Mills, Inc. (U.S.), Hain Celestial Group (U.S.), Dr. schär ltd. (U.K.), Hero Group Ag (Switzerland), Blue Diamond Growers (U.S.), Enjoy life Foods (U.S.)

This report includes a study of strategies such as mergers and acquisitions, product launches by the major gluten free bakery market players. It further includes product portfolios, developments of leading major players which includes

Key Findings

Europe dominates the gluten free bakery market followed by North America

Germany is likely to account maximum market proportion in the Europe gluten free bakery products during the review period of 2017-2023.

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Segments

Gluten free bakery market has been segmented on the basis of sources which comprises of main ingredients, other ingredients. Main ingredients comprises of Rice, corn, buckwheat, quinoa and other. Other ingredient comprises of hydrocolloids, protein sources, and flavor. Gluten free bakery market has been segmented on the basis of product type such as Bread, rolls & buns, cakes & cheesecakes, muffins & cup cakes, cookies & biscuit, doughnuts, sandwiches & wraps, dough & ready mixes and others Among the product type, bread segment is accounting maximum market proportion during the forecast period of 2017-2023. Gluten free bakery market has been segmented on the basis of distribution channel which comprises of store based and non-store based.

Regional Analysis

Gluten Free Bakery Market is segmented into Europe, Asia Pacific, North America and rest of the world (ROW). Among these, Europe region has the major market share. The market is projected to grow at a steady pace in the review period. North America will be the fastest growing region in the Gluten Free Bakery market and North America region is accounting more than 25% of market proportion in the year of 2017. Asia Pacific region is projected to grow steadily during the forecast period of 2017-2023.

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Cold Pressed Juices Market Analysis | Leading Players Review and Forecast to 2023

Market Insights

Global Cold-Pressed Juices Market has been rising in popularity for some time now. Their long shelf life and abundant nutrients are some key factors that have motivated growth for this market. A global decline in consumption of carbonated beverages and the increasing awareness about the negative effects of these beverages has fueled market growth for cold pressed juices. Additionally, many cold-pressed juices add super foods such as goji berries and acai to boost health benefits.

Global increase in disposable income has driven a demand for lifestyle products. Consumers are seeking out and demanding healthier options due to the growing awareness of good health. Juice cleanses diet trends that have gained significant traction and further drive growth. Cold-pressed juice manufacturers commonly produce various blends that provide specific uses such as weight loss, for glowing skin and healthy hair, detoxification, and energy boosting to name a few. This has proven to further drive demand for the product specifically due to the availability of customized monthly juice offerings based on need and preference.

Market Research Future has published a detailed report about the cold-pressed juice market. The report contains unique insights into trends, challenges, and opportunities in this market during the forecast period of 2017 to 2023.

Major Key Players

Some prominent players in the Global Cold Pressed Juices Market Analysis that has been featured in this report include PepsiCo Inc., Hain BluePrint, Inc., Suja Life LLC., Liquiteria Inc., JustPressed, Organic Press Juices, Evolution Fresh and Pressed Juicery.

Latest Industry News

Tesco, the largest supermarket chain in the U.K has announced the launch of a new range of cold-pressed juices. Waste Not is an innovative idea to reduce wastage of fresh, misshapen vegetables and fruits. Misshapen fresh produce is usually thrown out or used as animal feed despite being just as edible as normally shaped produce. Another benefit of using misshapen fruits and vegetables is the reduced price point, and at GBP 1.50, Waste Not is likely to undercut the cold-pressed juice market while saving around 3.5 tonnes of fresh surplus produce.

A social entrepreneur, Henry Obispo is building the first cold-pressed juice bar and plant-based eatery in Bronc, New York. Inspired by the need to create better health habits in his community, the concept “Born Juice” is being designed to use green technology and promote sustainability by the SUNY Farmingdale Department of Urban Horticulture and Design.

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Industry Segmentation

Global Cold Pressed Juices Market has been segmented into category, type, distribution channel, and region. Segmentation of the market provides a deeply comprehensive view of the market and allows for accurate predictions of market trends during the forecast period.

Based on category, the market has been segmented into conventional and organic.

Based on type, the market has been segmented into fruits, vegetables, and blends.

Based on distribution channel, the market has been segmented into store-based and non-store based.

Based on region, the market has been segmented into North America, Europe, Asia Pacific (APAC) and the Rest of the World (RoW).

Regional Analysis

North America holds a strong lead in the cold-pressed juices market and is expected to continue its dominance of the market during the forecast period. Increasing demand for healthy food and the dramatic spike in health-conscious consumers have changed consumption pattern allowing the cold-pressed juice market to flourish in this region.

Europe is expected to experience a massive demand for cold-pressed juices due to a decrease in consumption of aerated drinks and a general shift toward healthier lifestyles.

The Asia Pacific is expected to witness significant growth during the review period due to a growing awareness of health benefits offered by cold pressed juices. The region has unrealized potential which is attracting global players to invest in the developing market.

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