food – Market Industry Forecast News

Organic Fruits And Vegetables Market Driven by Rising Fitness Enthusiasts

The global organic fruits and vegetables market was valued at USD 76.19 billion in 2023 and is forecast to grow to USD 147.31 billion by 2030, driven by a compound annual growth rate (CAGR) of 9.9% between 2024 and 2030. This growth is fueled by rising consumer awareness around the health advantages of organic products, worries about food safety, environmental concerns, and a stronger focus on healthy lifestyles.

Key Market Trends & Insights

North America emerged as the dominant region — accounting for 41.6% of global revenue in 2023. In the United States, the market is expected to expand at a CAGR of 9.7% from 2024 through 2030.
By product type, organic fruits represented 57.0% of global revenue in 2023, underscoring their prominent role in this market.
Regarding distribution channels, sales via supermarkets and hypermarkets comprised 52.5% of global revenue in 2023.

Market Size & Forecast

2023 Market Size: USD 76.19 billion
Projected 2030 Market Size: USD 147.31 billion
CAGR (2024–2030): 9.9%
North America held the largest share in 2023.

A 2022 survey estimated total organic food retail sales at around EUR 135 billion (approximately USD 146 billion), reflecting growing consumer shifts toward organic alternatives due to perceived health benefits and safety concerns.

Consumers increasingly favor organic berries such as blueberries and strawberries, which are believed to offer higher antioxidant and phytonutrient levels compared to conventional variants.

Environmental sustainability also plays a pivotal role in fueling demand. Organic produce’s adoption of eco-friendly farming – avoiding synthetic pesticides and promoting soil health – is resonating with consumers aiming to minimize environmental impact and support biodiversity.

In the U.S., consumption of fresh organic produce also continues its upward trajectory. During 2020, fresh organic produce sales rose by nearly 11% to reach USD 18.2 billion.

A specialized winter program was launched by a California-based organic importer in late 2022 to provide organic table grapes from Peru during the off-season, bridging gaps in availability when local grape harvests conclude.

Order a free sample PDF of the Organic Fruits And Vegetables Market Intelligence Study, published by Grand View Research.

Key Companies & Market Share Insight

The market features a diverse array of participants, from multinational agricultural corporations to regional producers and organic cooperatives. There is notable momentum toward innovation through sustainable farming practices, advances in production technologies, and new organic product offerings.

Examples of farming innovation include precision agriculture, vertical farming, and regenerative methods—all aimed at boosting yields, preserving environmental quality, and nurturing soil vitality.

The industry has also seen consolidation through mergers and acquisitions. A notable example involves a major organic salad producer being acquired by a leading organic food company, enhancing the acquirer’s product range and distribution network.

Regulatory frameworks exert significant influence by establishing standards and building consumer confidence. Certifications such as USDA Organic (U.S.) and the European Union Organic Regulation ensure authenticity by banning synthetic pesticides, GMOs, and chemical fertilizers.
Key alternatives to organic fruits and vegetables include conventionally grown produce, as well as processed or preserved options like canned or frozen offerings. Specialty or exotic fruits not offered in organic form may also serve as substitutes.
Consumers driving demand include those focused on health, those motivated by sustainability, and individuals with dietary preferences such as vegan or plant-based diets.

Key Companies List

Amy’s Kitchen
The Hain Celestial Group
General Mills Inc.
Conagra Brands
Danone S.A.
Driscoll’s, Inc.
SunOpta, Inc.
Del Monte Foods, Inc.
Organic Valley
Dole Food Company, Inc.

Explore Horizon Databook – The world’s most expansive market intelligence platform developed by Grand View Research.

Conclusion

In essence, the organic fruits and vegetables market is on a robust growth path, projected to nearly double in size—from USD 76.19 billion in 2023 to an estimated USD 147.31 billion by 2030—driven by consumer demand for healthier, safer, and more sustainable food choices. North America leads the charge, with organic fruits holding a dominant market share and supermarkets/hypermarkets serving as the primary distribution channel. Innovations in agriculture, environmental consciousness, and regulatory assurance underpin industry developments, while established global and regional companies shape competitive dynamics.

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Organic Cheese Powder Market Gains Popularity in Nutritional Snacks

In 2023, the global organic cheese powder market was estimated at USD 319.66 million. Projections indicate it will reach USD 505.91 million by 2030, reflecting a compound annual growth rate of 6.8% from 2024 to 2030. This expansion is driven by growing consumer preferences for organic and natural food products, as well as the rising demand for convenient, flavor-enhancing ingredients across diverse culinary applications. The surge in health awareness and sustainability concerns is a key underpinning of this trend.

Key Market Trends & Insights

Europe accounted for over 40% of global organic cheese powder sales in 2023, led by consumer health consciousness and stringent organic standards across countries such as Germany, France, the UK, and the Netherlands.
In North America, the United States represented 84% of regional revenue in 2023, with high consumer demand for certifications such as USDA Organic, non-GMO, and gluten-free driving preference for organic variants.
Organic cheddar cheese powder held a dominant 48.03% revenue share in 2023, making it the largest product segment.
Among applications, snack products accounted for about 30% of revenue in 2023. Organic cheese powders are increasingly featured in snacks such as organic popcorn, pretzels, and crackers that cater to both taste and clean-label preferences.

Market Size & Forecast

2023 Market Size: USD 319.66 million
2030 Projected Market Size: USD 505.91 million
CAGR (2024–2030): 6.8%
Largest Market Region (2023): Europe

The market benefits from increased retail availability of organic cheese powders, clean-label consumer demand, and eco-friendly preferences. Certifications signaling organic authenticity and sustainable production are influential in purchasing decisions.

The trend is reinforced by product innovation such as flavor blends, herb-infused variants, and collaborations—melding convenience with diverse culinary profiles.

Order a free sample PDF of the Organic Cheese Powder Market Intelligence Study, published by Grand View Research.

Key Companies & Market Share Insight

The market is characterized as fragmented but growing; innovation is accelerating with producers experimenting with varied flavor profiles and blends to meet evolving consumer tastes.

Substitutes—namely conventional cheese powders and vegan cheese powders—pose a moderate to high competitive threat due to cost and accessibility, though demand for organic credentials tempers the impact.

Key Companies:

Land O’Lakes, Inc.
Bluegrass Ingredients, Inc.
Glanbia plc
Cheesepop Food Group
Kerry Group plc
Outdoor Herbivore
Frontier Co-op
Healthier Comforts
Anthony’s Goods
Ballantyne

These firms hold leading positions in terms of market share and shape industry trends through organic product offerings and retail expansion.

Explore Horizon Databook – The world’s most expansive market intelligence platform developed by Grand View Research.

Conclusion

The organic cheese powder market is on a robust growth trajectory, underpinned by a global shift toward organic, clean-label, and health-oriented food choices. With a solid base of USD 319.66 million in 2023 and poised to reach USD 505.91 million by 2030 (at a 6.8% CAGR), the industry reflects dynamic regional leadership—Europe at the forefront, and North America closely following. Cheddar dominates product share, while snack applications lead usage. Competitive intensity is rising, fuelled by both traditional and emerging substitutes, spurring innovation. The presence of diverse key players—from established agribusinesses to niche organic brands—indicates a maturing yet flexible market landscape. Looking ahead, sustained consumer demand for transparency, flavor, and convenience will likely continue to propel the sector’s expansion.

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Organic Bar Soap Market Expands with Demand for Chemical-Free Products

In 2021, the global organic bar soap industry reached an approximate valuation of USD 1.83 billion and is anticipated to grow to around USD 3.64 billion by 2030. This trajectory corresponds to a compound annual growth rate (CAGR) of 8.2% from 2022 through 2030. The upsurge reflects a growing global preference for wellness-oriented products and evolving consumer behavior in the beauty and personal care sector.

Key Market Trends & Insights

In 2021, the Asia Pacific region accounted for the largest share, contributing nearly 33.1% of total global revenue.
The Middle East and Africa region is forecast to experience robust expansion, with an estimated CAGR of 8.3% over the same period.
Among distribution channels, online sales dominated, representing 45.8% of global revenue in 2021.

Market Size & Forecast

2021 Market Size: USD 1.83 billion
2030 Projected Market Size: USD 3.64 billion
Growth Rate (2022–2030): CAGR of 8.2%
Leading Region in 2021: Asia Pacific held the largest market share

The COVID-19 pandemic significantly impacted the supply chain and distribution networks, including the shutdown of convenience stores and hypermarkets. However, the crisis spurred heightened demand for organic and sustainable products, driven by renewed attention to health and wellbeing. Consumers are increasingly seeking products labeled as vegan, natural, clean, reef-friendly, GMO-free, gluten-free, soy-free, transparent, or recyclable. In response, manufacturers are innovating to meet these demands. For example, one producer offers eco-friendly, plant-based soaps in vibrant colors and fragrances—vegan and packaged without plastic.

Key Companies & Market Share Insight

The online distribution channel’s convenience—home delivery, flexible payments, promotional pricing, and access to multiple brands on a single platform—has fundamentally reshaped purchasing behavior. With growing internet adoption and consumer preference for mobile shopping, major players are expanding their e-commerce presence to capture more of this market.

Asia Pacific’s dominance stems from increasing health awareness and the availability of a range of organically scented soaps. As consumer understanding grows of the advantages organic soaps offer over conventional alternatives, demand is further boosted by these appealing options. The Middle East and Africa, particularly the UAE, are embracing holistic beauty approaches, especially among millennials and Gen Y.
In a landscape populated by numerous participants, differentiation through innovation is key. One family-run company, for instance, handcrafts goat milk soaps on a farm using fresh goat milk, natural oils, and butter. Their product line includes all-natural soap varieties, moisturizers, and natural skin remedies.

Order a free sample PDF of the Organic Bar Soap Market Intelligence Study, published by Grand View Research.

Notable Companies Operating in the Organic Bar Soap Sector

Neal’s Yard (Natural Remedies) Limited
Khadi Natural
Bronner’s Magic Soaps
The Body Shop International Limited
Forest Essentials
Truly’s Natural Products
Bali Soap
Beach Organics
Osmia

These brands span a diverse spectrum—from holistic, artisanal producers to larger international retailers—each leveraging unique formulations, natural ingredients, and ethical branding to capture consumer interest.

Explore Horizon Databook – The world’s most expansive market intelligence platform developed by Grand View Research.

Conclusion

The organic bar soap market is on a dynamic upward trend, poised to nearly double in value from USD 1.83 billion in 2021 to USD 3.64 billion by 2030, at an impressive 8.2% CAGR. Asia Pacific leads the market, while the Middle Eastern and African regions emerge as fast-growth areas. Online distribution stands out as the most influential sales channel, supported by evolving consumer expectations and shopping habits. Innovation—especially around natural ingredients, sustainable packaging, and wellness messaging—drives competition among a varied roster of brands. Overall, the market’s growth reflects a deepening global commitment to health-conscious, environmentally mindful, and ethically produced personal care solutions.

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Gluten-Free Bakery Market Fueled by Growing Popularity of Plant-Based Ingredients

The global gluten-free bakery market was valued at USD 1.64 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 10.8% from 2022 to 2030. A key factor driving this growth is the rising demand for healthy and nutritious food products, fueled by increasing health awareness worldwide. Additionally, the growing interest in health-focused diets aimed at preventing conditions such as heart disease, diabetes, obesity, chronic pulmonary disease (COPD), and metabolic syndrome is expected to further propel market expansion. New product launches by manufacturers are also playing a significant role in supporting industry growth.

The COVID-19 pandemic led to a surge in demand for healthier food options, including gluten-free bakery products, further strengthening the market. During the pandemic, healthcare professionals recommended the regular consumption of nutritious foods to enhance immunity. With consumers spending more time at home, interest in personal health and fitness grew, boosting sales of gluten-free bakery products like bread, cookies, and biscuits. Moreover, the high global incidence of celiac disease continues to drive product demand.

According to the Celiac Disease Foundation, the prevalence of celiac disease in 2018 was 0.4% in South America, 0.5% in Africa and North America, 0.6% in Asia, and 0.8% in Europe and Oceania. Celiac disease is commonly managed through a gluten-free diet, which helps prevent damage to the intestinal lining and reduces symptoms like diarrhea and abdominal pain. As a result, rising demand for gluten-free products for celiac disease management is accelerating industry growth. Gluten-free bakery items are also gaining popularity among individuals with other health conditions, including inflammatory diseases, autoimmune disorders, and non-celiac gluten sensitivity.

Furthermore, increasing government awareness campaigns promoting gluten-free products for the treatment of celiac and non-celiac conditions are contributing to market growth. These initiatives have raised awareness around celiac disease diagnosis and stimulated product demand. Additionally, the growing trend of healthy eating in developing regions is expected to create further opportunities for market expansion. The adoption of microencapsulation technology to enhance the shelf life of gluten-free bakery products is also expected to drive growth. This technology helps improve both shelf life and texture, particularly in frozen gluten-free baked goods. Consequently, the strong demand for frozen gluten-free bakery items continues to fuel market growth. The availability of diverse product options, along with continuous innovations, is anticipated to positively influence market expansion.

Product Insights

In 2021, the bread segment accounted for the largest market share, contributing more than 36.30% of the total. This dominance is attributed to strong demand for low-carb gluten-free bread, rye bread, wheat-free bread, and similar products, due to their associated health benefits. Gluten-free bread caters to the growing need for convenient and quick meals, especially among working individuals. The ability to customize bread to meet specific dietary needs is also expected to boost this segment. Additionally, increasing consumption of gluten-free bread by individuals with celiac disease further supports segment growth.

Distribution Channel Insights

In 2021, the supermarkets and hypermarkets segment led the market, capturing over 34.00% of global revenue. These retail formats offer a wide selection of products and allow consumers to review product details before purchasing, driving segment growth. A robust offline retail infrastructure in countries like the U.S., China, and India has further bolstered sales of gluten-free bakery products through supermarkets and hypermarkets. The broad availability of healthy food products in these retail outlets has fueled overall sales. Moreover, consumers continue to prefer traditional supermarkets for their convenience and extensive product offerings, contributing to this segment’s expansion.

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Regional Insights

North America held the largest market share, contributing over 33.90% of global revenue in 2021, and is expected to maintain its dominance throughout the forecast period. Growth in this region is largely driven by the substantial number of consumers diagnosed with celiac disease. According to a Celiac Disease Foundation survey, approximately 0.6% of the U.S. population is affected by celiac disease. Additionally, strong demand for healthy and nutritious food products in the U.S. and Canada has supported market growth. Increasing interest from millennials and younger consumers in convenient, healthy food options with high nutritional value has further fueled expansion in this region.

Key Market Players

Leading companies in the global gluten-free bakery market include:

Amy’s Kitchen
Bob’s Red Mill Natural Foods, Inc.
Dawn Food Products
The Hain Celestial Group
Dr. Schar AG
Freedom Nutritional Products Ltd.
General Mills
Conagra Brands
Valeo Foods Ltd.
WGF Bakery Products
Europastry S.A.
Kelkin

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Canned Wines Market Supported by Growth of E-Commerce and Online Alcohol Sales

The global canned wines market was valued at USD 112.9 million in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 11.1% from 2025 to 2030. The rising preference for portable, convenient, and single-serve beverage options—particularly among younger demographics—is one of the key drivers of market expansion. Additionally, the growing appeal of ready-to-drink (RTD) products, driven by fast-paced lifestyles and demanding work schedules, has significantly fueled demand in both developed and emerging economies. Activities such as weekend getaways, camping, and hiking are gaining popularity, further boosting sales of canned beverages, which offer ease of use and eliminate concerns like spillage or breakage associated with traditional bottles.

The shift toward health-conscious living, particularly in advanced markets such as the U.S. and Western Europe, has created strong growth prospects for the canned wines sector. Many canned wine products are crafted in lighter, lower-alcohol formats that align with wellness-oriented consumer habits. Shoppers increasingly seek beverages that support healthier living—those with fewer calories, minimal additives, and lower alcohol levels. The single-serve format of canned wines also allows for better control over alcohol intake, resonating with the trend toward mindful consumption. Furthermore, these products are typically more cost-effective than bottled wines due to their lower production and packaging expenses, making them especially appealing for casual consumption and budget-friendly occasions.

Environmental sustainability continues to be a key factor influencing consumer choices and driving market growth. Canned wines are often considered more environmentally friendly than their bottled counterparts, primarily due to the recyclability of aluminum cans. As awareness around plastic and glass waste grows, more consumers are gravitating toward products with reduced environmental impact. Aluminum cans are also lighter and more space-efficient, cutting down transportation emissions and overall carbon footprint—further supporting the shift toward eco-friendly alternatives.

The canned wine category has experienced a surge in innovation, with brands introducing a variety of product types including sparkling wines, wine spritzers, and unique blends. These innovations appeal to a broader audience by offering diverse flavor experiences in a user-friendly format. Trend-forward offerings like sangria, flavored wines, and wine-based cocktails are drawing in both new wine consumers and those looking for a more relaxed, casual option.

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Regional Insights
North America led the global canned wines market in 2024, accounting for 37.7% of total revenue. This dominance is largely attributed to rising wine consumption in the region and the widespread availability of canned wine options. Among younger and middle-income consumers in the U.S. and Canada, canned wines are seen as a cost-effective and accessible alternative to bottled wines. Their appeal lies in affordability, ease of use, and a trendy image that resonates with Millennial and Gen Z consumers. These younger demographics are particularly drawn to the convenience and sustainability that canned wines represent.

Key Players in the Canned Wines Market
The following companies hold significant market shares and are instrumental in shaping industry trends:

E. & J. Gallo Winery
Union Wine Company
Sans Wine Co.
Sula Vineyards Limited
SUNTORY HOLDINGS LIMITED
Canned Wine Co.
Maker Wine Company
Archer Roose Wines

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Tumor Necrosis Factor Inhibitor Drugs Market Increasing Focus on Personalized Medicine

The global tumor necrosis factor inhibitor drugs market size is estimated to reach USD 26.6 billion by 2030, registering a CAGR of 2.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing prevalence of autoimmune diseases, rapid technological advancements, and rise in healthcare expenditure across the globe are some of the major factors expected to drive the growth.

Currently, there are five approved TNF inhibitor drugs in the market- Humira (adalimumab), Enbrel (etanercept), Remicade (infliximab), Simponi/Simponi Aria (golimumab), and Cimzia (certolizumab). Biosimilar versions of Humira, Enbrel, and Remicade have been launched, causing a significant paradigm shift in the market.

The wave of biosimilars pose a significant internal threat to the biologics sale as biosimilars have a comparable efficiency as the original products. The cost-effectiveness of biosimilars makes them an attractive choice in economically sensitive areas. In addition, emerging countries, such as India, China, and South Korea are active participants in the biosimilar market.

Some of the key therapeutic areas involving treatment with TNF inhibitor drugs are rheumatoid arthritis, psoriasis, psoriatic arthritis, Crohn’s disease, and ulcerative colitis. Although these medicines are mostly used for the treatment of autoimmune diseases, several ongoing studies are investigating the role of TNF inhibitors in the treatment of cancer and other inflammatory conditions.

Some of the key players in the TNF inhibitor space are involved in strategic initiatives, such as mergers and acquisitions and joint ventures for the co-development of products. In addition, patent infringement issues between the manufacturers makes the market dynamics intensely competitive. For instance, AbbVie resolved an issue with Boehringer Ingelheim, regarding Humira’s intellectual property (IP) rights. As per the terms of the agreement, Boehringer Ingelheim received a non-exclusive license to Humira’s IP in the U.S.- scheduled to begin in July 2023.

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Tumor Necrosis Factor Inhibitor Drugs Market Report Highlights

By product, the humira segment dominating the market with the largest revenue share of 40.5% in 2024, due to its proven effectiveness in treating various autoimmune disorders, which fostered strong trust among patients and healthcare providers.
In 2024, Rheumatoid arthritis dominated the market and accounted for the largest revenue share of 17.51%, due to its high prevalence globally.
The online pharmacy is expected to grow at the highest CAGR over the forecasted period, due to easy access to digital platforms, smooth ordering, in time delivery, and affordable pricing.

Key Tumor Necrosis Factor Inhibitor Drugs Company Insights

Some key players in the market are AbbVie, Inc., Amgen, Inc., Johnson & Johnson Services, Inc., and others. These companies constantly invest in product innovation, such as developing biosimilars, focusing on personalized treatment methods to meet patient needs and enhance treatment productivity and satisfaction. Collaborative research initiatives with healthcare specialists and research institutes drive innovation and integration, which improves the outcomes so that they can stay at the forefront of industry trends.

AbbVie Inc. has been a prominent market leader for years and is well known for its ability to treat various autoimmune diseases, including rheumatoid arthritis and Crohn’s disease. AbbVie has introduced Humira, one of the best-selling drugs globally. It has positioned itself for many years, so it has a vast clinical database, which helps it adapt to the changing world with its research and development focusing on new therapies. This eventually allowed it to capitalize on emerging markets, and its market influence and physician acceptance also increased.
Johnson & Johnson Services’ major manufactured product is Remicade, which has been a cornerstone in the treatment of autoimmune diseases such as rheumatoid arthritis, Crohn’s disease, and psoriasis. The company’s long history and reputation contribute to its market growth and strength. By constantly investing in research and development, it finds new ways to develop new interpretations that can improve patient results and mark its presence as a prominent player in the market.

List of Key Players in the Tumor Necrosis Factor Inhibitor Drugs Market

AbbVie Inc.
Amgen Inc.
Johnson & Johnson Services Inc.
UCB S.A.
Pfizer, Inc.
Novartis International AG
Boehringer Ingelheim Pharmaceuticals, Inc.
Merck & Co., Inc.

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Limonene Market Highlights Global Trade Opportunities and Challenges

The global limonene market is expected to reach USD 497.61 million by 2030 to grow at a CAGR of 6.0% from 2023 to 2030 as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing demand for natural and eco-friendly products, the growing popularity of citrus flavors and fragrances, and the expanding applications of the product in various industries. The food and beverage industry is expected to be the largest market for the market, as it is widely used as a flavoring agent in a variety of food and beverage product, including soft drinks, juices, and alcoholic beverages. The cosmetics and cleaning industries are also significant consumers as it is widely used as a fragrance and cleaning agent in various personal care and cleaning products.

Companies in the market are investing in research and development to develop new and innovative products, expanding their geographic reach, increasing their production capacity, and adopting a forward integration strategy to remain competitive in the market. For instance, Firmenich has developed a range of limonene-based natural flavors and fragrances, while Givaudan has developed natural and sustainable flavors and fragrances. Citrosuco is one of the largest producers of orange juice and orange peel products in the world, offering a wide range of products, including orange oil and orange peel extract.

Order a free sample PDF of the Limonene Market Intelligence Study, published by Grand View Research.

In addition, the increasing popularity of aromatherapy and essential oils is expected to create new opportunities for the market. It is widely used in aromatherapy as a natural mood enhancer, stress reliever, and immune system booster. The rising popularity of aromatherapy and the growing awareness of the benefits of essential oils are expected to drive the demand for the product in the future.

Moreover, technological advancements in the production are expected to improve efficiency and reduce costs, therefore enabling more affordable and accessible market to consumers. Furthermore, the expanding applications in the pharmaceutical and agriculture industries are expected to offer new growth opportunities for companies operating in the market. For instance, some companies are using innovative techniques such as enzyme-mediated extraction and microwave-assisted extraction to extract limonene from citrus fruits, which is more efficient and cost-effective than traditional extraction methods.

Limonene Market Report Highlights

Lemon is the largest source segment which accounts for 33.8% by value in 2022. On the account of its use in various industry such as personal care, pharmaceuticals, cosmetics, and cleaning products. In addition, D-limonene, which is found in lemon oils, is used to treat cancer
Personal Care Products are the fastest growing end-use segment with a CAGR of 6.4%, due to its health benefits which help in reducing obesity, cancer, bronchitis, and other diseases
It is also being used as a bio pesticide in the agriculture industry, as it has insecticidal and herbicidal properties and is considered safer and more eco-friendly than synthetic pesticides
Europe is the fastest growing region with a CAGR of 6.6%. As the region is home to many cosmetics & personal care manufacturers and has thriving opportunities for manufacturers as the demand for bio-based products is growing
Florida Chemical Company has expanded its production capacity for citrus oils and derivatives to meet the growing demand from the food and beverage, cosmetics, and cleaning industries

List of Key Players in the Limonene Market

Lemonconcentrate S.L.U.
Florida Chemical Company (acquired by ADM)
Banner Chemicals Limited
Citrus Oleo
Sucorrico
Belize Ltd.
Spectrum Chemical
Citrosuco

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Beer Kegs Market Future Outlook: Predictions for 2025 and Beyond

The global beer kegs market size is expected to reach USD 117.3 million by 2030, registering a CAGR of 7.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by increasing consumption of beer among young consumers. An analysis conducted by Gallup, Inc., previously known as American Institute of Public Opinion, pertaining to alcohol consumption habits of Americans showed that close to 70.0% of men between the age of 18 and 29 preferred beer over other alcoholic beverages. This trend has continued over the years and has served as a key factor driving the market.

Rising inclination for flavored alcoholic beverages is a trend that is likely to benefit the market. This, along with growing demand for premium products such as craft and draught variants, is fueled by evolving consumer lifestyle and increased per capita income. The rising trend of on-premise sales is also expected to fuel market growth. Kegs help in maintaining the authentic quality and flavor of alcoholic beverages over long durations. Draught beer is mostly served through kegs in order to maintain its pressure, and therefore, the product witnesses greater demand from on-trade sales.

Access the Beer Kegs Market Size, Share & Trends Analysis Report By Material (Steel, Plastic, Others), By Capacity, By Application (Commercial, Residential), By Region, And Segment Forecasts, 2024 – 2030

Steel as a raw material held the dominant share of 84.7% in the market owing to its largescale production in the industry, higher durability, and favorable recycling properties. Steel kegs are used for transportation and storage as it helps in blocking gases and ultraviolet rays, thereby preserving the quality and flavor of beer.

Asia Pacific is expected to exhibit the highest CAGR of 5.1% from 2019 to 2025 on account of increasing production and consumption of beer in the region, majorly driven by countries such as India, China, and Singapore. Moreover, intensifying presence of breweries producing craft and draught beer are adding to product demand. Another factor driving the market is rising number of leading companies investing in sustainable packaging solutions and producing environment-friendly kegs. For instance, the unique DLC kegs produced by Petainer are some of the most eco-friendly variants introduced in Japan.

Beer Kegs Market Report Highlights

Plastic-based beer kegs segment is expected to experience a significant CAGR during the forecast period

The Steel beer kegs segment dominated the market and accounted for a share of 85.3% in 2023

Europe beer kegs market dominated the global industry with a revenue share of 29.5% in 2023. This is attributed to the rising consumption of beer in the region, constant lifestyle changes, the presence of large enterprises from industry operating in the region and ease of availability.

Order your free sample copy of “Beer Kegs Market Report 2024 – 2030, published by Grand View Research

Key Beer Kegs Company Insights

Vendors are focusing on implementing strategies such as mergers and acquisitions to increase product offerings and gain a competitive edge in the industry. Therefore, key players are expanding their production and adopting innovative advancements aiming to fulfil maximum customer needs.

American Keg Company LLC is a U.S.-based company that manufactures high-quality stainless steel kegs. Their skilled craftsmen use food-grade 304 stainless steel.

SCHÄFER Werke GmbH is a German company involved in manufacturing plastics, fabricated metal products, and architectural and structural metals. It focuses on quality, maximum customer satisfaction, and innovation.

Key Beer Kegs Companies:

The following are the leading companies in the beer kegs market. These companies collectively hold the largest market share and dictate industry trends.

American Keg Company (BLEFA GmbH)
NDL Keg Inc
Shinhan Industrial Co, Ltd.
Ningbo BestFriends Beverage Containers Co. Ltd
Blefa GmbH
SCHÄFER Werke GmbH
Ara Partners (Petainer Ltd.)
Ardagh Group S.A.
Julius Kleemann GmbH & Co. KG
The Metal Drum Company

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

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Grand View Research, Inc.

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Email: sales@grandviewresearch.com

Savory Ingredients Market Trends: The Rise of Plant-Based and Natural Ingredients

The global savory ingredients market is expected to reach USD 15.62 billion by 2030, according to a new report by Grand View Research, Inc. exhibiting a CAGR of 4.7% during the forecast period. Savory ingredients are widely used as seasoning and flavoring agents in the food industry.

Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth.

Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.

Companies such as DSM, Kerry Group, Givaudan, Diana, and Lesaffre have adopted acquisition strategies to enhance their product offerings and regional presence. This approach has helped companies acquire distribution centers and diversify their offerings across many end-use application markets.

Access the Savory Ingredients Market Size, Share & Trends Analysis Report By Product, By Source, By Form, By Application, By Region, And Segment Forecasts, 2024 – 2030

Savory Ingredients Market Report Highlights

The natural segment dominated the market with 64.6% share in 2023. One of the main factors driving the rise in demand for natural savory ingredients is the growing awareness of consumers towards their health.

The powder segment dominated the market with a share of 41.9% in 2023. This is mainly owing to the ease and flexibility it offers.

The food segment dominated the market with a share of 66.1% in 2023. Modern consumers are showing a growing interest in discovering different flavors and experiences when making food decisions.

Asia Pacific dominated the global savory ingredients market with a share of 72.2% in 2023.

Key Savory Ingredients Company Insights

Some of the key companies in the global savory ingredients market include Ajinomoto Co., Inc.; Angel Yeast Co., Ltd.; Sensient Technologies Corporation, and Tate & Lyle. Vendors in the market are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies.

Angel Yeast Co., Ltd., is a major producer of yeast located in Yichang, Hubei Province, China. The company focuses on making different kinds of yeast and yeast-based products for use in the food, beverage, pharmaceutical, and chemical sectors.

Kerry Group plc. is a global company that specializes in ingredients and flavors, with its main offices located in Tralee, Ireland. The company is now a prominent player in the taste and nutrition sector, particularly concentrating on savory components. Kerry Group functions through two main business divisions: Taste & Nutrition and Consumer Foods.

Order your free sample copy of “Savory Ingredients Market Report 2024 – 2030, published by Grand View Research

Key Savory Ingredients Companies:

The following are the leading companies in the savory ingredients market. These companies collectively hold the largest market share and dictate industry trends.

Ajinomoto Co., Inc.
Angel Yeast Co., Ltd.
Vedan International (Holdings) Limited.
Kerry Group plc.
Sensient Technologies Corporation,
Givaudan 2024
DIANA Group
Symrise
Lesaffre
Tate & Lyle

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Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
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Soup Market Challenges: Addressing Supply Chain Issues and Quality Concerns

The global soup market size is expected to reach USD 26.21 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for processed, ready to eat, and packed food and increasing women workforce are expected to increase the market demand in the upcoming years. In addition, increase in disposable income and changing consumer lifestyle in emerging economies including China and India are anticipated to increase the demand for soups.

Consumption of canned and dried soup products is increasing in North America and Europe, on account of continuous product innovation as per customer behavior and preferences. In addition, growing economic independence among women is increasing the consumption of packed and processed food products in the developed countries.

Access the Soup Market Size, Share & Trends Analysis Report By Product (Canned, Dried, UTH), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online), By Region And Segment Forecasts, 2024 – 2030

Soup being a healthy source of vitamins, minerals, nutrition, and protein serves as a prominent replacement for home cooked food. Therefore, this evolution in the working population is anticipated to significantly influence the demand for soup in future. Demand for soups in restaurants, food outlets, and food joints is expected to acquire a small market share due to growing consumer preference for ready to eat products and rising inclination towards healthy food habits.

Continuous use of cornstarch and salt in canned and dried soup products is expected to act as a restraining factor in the global market. High consumption of corn starch can lead to several health issues like increased level of blood sugar and blood pressure. However, continuous product development by companies such as Campbell Soup Company, which provides new flavors like roasted red pepper and tomato, butternut squash and sweet potato, and harvest carrot and ginger, is expected to influence the buying behavior of the younger population across the globe. The market leaders are focusing on developing new flavors and products in order to make their style statement in the market.

Soup Market Report Highlights

By product, The UHT (ultra-high temperature) segment is expected to register the fastest CAGR during the forecast period. The growth of UHT soups is driven by long-shelf-life ingredients that don’t require refrigeration, making them ideal for busy lifestyles and reducing meal waste.

The dried segment accounted for the largest market revenue share of 59.5% in 2023. The Growing demand for convenient and prepared-to-eat food alternatives, specifically in busy city populations, offers a significant opportunity for producers to innovate and expand their product services.

The supermarkets/hypermarkets segment dominated the market in 2023. Supermarkets/hypermarkets offer various soup varieties from different brands and nutritional needs, providing consumers with vast choices and convenient shopping in the same place.

The Europe region dominated the market with a revenue share of 38.9% in 2023. The climate in Europe also plays a role in the growth of the soup market.

Order your free sample copy of “Soup Market Report 2024 – 2030, published by Grand View Research

Key Soup Company Insights

The Soup Market is witnessing substantial growth in the coming years, driven by way of numerous key techniques and factors. Market players are increasingly focusing on product innovation and development to fulfill evolving customer needs and options.

The Campbell Soup Company offers a variety of products, including canned soups, stocks, broths, and sauces. Its product lineup also features snacks such as Goldfish crackers and Milano cookies, beverages such as V8 juices, and pasta sauces under the Prego brand.

Nestle is food & beverage company which operates in various segments including baby food, bottled water coffee, dairy products, and others. The brand also includes Nescafe, KitKat, and Purina. Nestle emphasizes nutrition, health, and wellness in its product offerings.

Key Soup Companies:

The following are the leading companies in the soup market. These companies collectively hold the largest market share and dictate industry trends.

Associated British Foods plc
Baxters Food Group Limited
Campbell Soup Company
Conagra Brands, Inc.
General Mills, Inc.
Hindustan Unilever Limited
Nestlé S.A
Ottogi Co., Ltd
Premier Foods Group Limited
The Kraft Heinz Company

About Grand View Research:

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email: sales@grandviewresearch.com