Most In-Demand Latest Reports on Food Market
15 Dec 2020 • by Natalie Aster
LONDON – Market Publishers presents a selection of the most in-demand research studies featuring various sectors of the food market recently published at MarketPublishers.com. These reports offer a close look at the examined markets, cover the market dynamics and major growth drivers and restraints, highlight the competitive landscape, discuss top trends, and outline future growth prospects and challenges, uncover essential market statistics and give access to cutting-edge information.
The global dairy and soy food market reached the value of USD 519.9 billion in 2019 and is predicted to demonstrate healthy growth at a CAGR of 3.7% over 2020-2024 to reach the value of USD 622.3 billion by the year 2024. Asia-Pacific was the dominant regional player in the global dairy and soy food market with a value share of 34% last year and is anticipated to stay in the lead in the next 4 years. The milk segment grabbed the biggest market value share of 35.5% in 2019, and is forecast to maintain the leading position through 2024…
The global confectionery market is slated to register healthy growth at a modest CAGR of 2.6% in the next 4 years and is expected to grow in value terms from USD 193.2 billion in 2019 to reach USD 219.5 billion by 2024. The top 5 players in the global confectionery market accounted for a combined value share of 44.9% of the overall market in 2019. The market is dominated by Mars Inc, which held a share of 13.8% last year, followed by Mondelez International Inc (12.6%), Nestle SA (6.8%), Ferrero (6.2%), and The Hershey Co (5.5%)…
Last year, the world’s meat market crossed the value of USD 1.26 trillion. Hypermarkets and supermarkets account for the largest share of overall meat sales; this distribution channel grabbed a value share of 57.9% of the global meat market in 2019, followed by food & drinks specialists with a share of 28.2%. The global meat market is projected to exhibit growth at a 1.6% CAGR through 2024 and exceed the value of USD 1.37 trillion by the end of the forecast period…
Backed by the increasing sales of organic food, growing consumption of vegetable oils, increasing geriatric population, the escalating problem of undernourishment, rapid urbanization, and increasing consumers’ demand for transparency, the world’s market for health food is predicted to increase at a CAGR of 7.15% in the next 4 years to amount to the value of USD 557.6 billion by the year 2024. Meantime, the market growth will likely be challenged by risks of allergies associated with vegetable sources, high prices of healthy food in low- and middle-income countries, and stringent government regulations. The US is anticipated to exhibit the highest growth rates among country-wide markets for health food during 2020-2024…
In the wake of the expanding adoption of veganism among people, the world’s market for vegan cheese is slated to demonstrate impressive growth at a CAGR of 22.3% from 2020 to 2026 and is poised to amount to the value of USD 3.3 billion by the year 2026. Moreover, the enhancing awareness about cruelty on animals and negative effects on the climate caused by the dairy business along with the expanding range of plant-based food items, and rising incidence of lactose intolerance among consumers will likely boost the vegan cheese market during the forecast period…
Presently, milk formula manufacturers face a range of challenges caused by unfavourable sociodemographic conditions and the COVID-19 pandemic. With declined volume sales growth opportunities, premiumisation strategies driven by the increased focus on innovation and segmentation will be essentially necessary to sustain value sales in the coming years. Special milk formula is increasingly seen as a major contributor to the market growth, while premium niche segments such as A2 milk formula, goat milk formula, and organic milk formula are witnessing the rising presence of global players…
The full collection of in-demand research studies covering various sectors of the food industry is available in this Market Publishers’ catalogue.
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