The global   nutraceutical ingredients market   was valued at USD 87.76 billion in 2024 and is expected to grow from USD 94.07 billion in 2025 to USD 161.82 billion by 2032, reflecting a CAGR of 8.06% during the forecast period. In 2024, Asia Pacific led the market, accounting for 40.34% of the total share.

Nutraceuticals are products derived from plant or animal sources that provide essential human nutrition while promoting overall well-being. These products fall into three main categories: dietary supplements, functional food, and functional beverages. They play a vital role in enhancing immune response, combating diseases, and addressing issues such as mental stress and obesity.

However, a lack of standardized regulations regarding the efficacy of certain nutraceutical ingredients, particularly botanical extracts, poses a challenge. The absence of clear guidelines hinders regulatory bodies from establishing specific regulations for their use in new product formulations.

Information Source:   https://www.fortunebusinessinsights.com/nutraceutical-ingredients-market-102282  

Segments

Rising Demand for Protein and Amino Acids Drives Segment Growth

The market is segmented by ingredient type into protein and amino acids, vitamins and minerals, botanical extracts, probiotics, carbohydrates, and others. The protein and amino acids segment holds the largest market share due to increasing consumer demand for protein-based supplements. The essential role of protein and amino acids in muscle and overall body development is fueling the expansion of this segment.

Powder Segment Leads Market Due to Versatile Applications

Based on form, the market is categorized into powder, liquid, and others. The powder segment dominates, as powdered products are widely preferred and manufactured for their convenience in meeting daily nutritional needs.

Functional Beverages Segment Gains Traction with Rising Demand for Low-Calorie & Sugar-Free Options

By application, the market is divided into dietary supplements, functional food, and functional beverages. Functional beverages lead the segment, driven by the growing demand for low-calorie and sugar-free drinks. These beverages support digestion and weight management, contributing to their increasing popularity.

The global market is further segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage

This market research report provides a detailed analysis, covering key aspects such as the competitive landscape and major product categories. Additionally, it highlights market trends, significant industry developments, and various factors driving recent market expansion.

Drivers and Restraints

Growing Preference for Clean-Label Natural Ingredients to Drive Market Growth

The increasing global adoption of nutraceuticals has led to a heightened demand for clean-label natural ingredients, preferred by both manufacturers and consumers for their health benefits. Rising investments in research and development (R&D) are addressing the need for efficient and advanced product delivery. Additionally, growing health concerns related to processed food consumption, lifestyle changes, and obesity are boosting the sales of natural ingredients. The widespread adoption of wellness trends further supports market growth.

However, challenges related to product quality management remain a key restraint, limiting demand for nutraceutical ingredients.

Regional Insights

Asia Pacific Leads Market Growth Due to Strong Presence of Herbal Ingredient Manufacturers

In 2023, the Asia Pacific market was valued at USD 32.94 billion, driven by the strong presence of top herbal ingredient manufacturers. The increasing use of herbs and spices in traditional Chinese and Ayurvedic medicine is expected to propel market growth in the region.

North America's market growth is fueled by the rising consumption of dietary supplements in the U.S. Consumers are increasingly opting for vitamin- and mineral-enriched food and beverages to improve gut health and strengthen immunity, further driving demand for nutraceutical ingredients.

Competitive Landscape

Leading Companies Leverage Innovative Production Techniques for Market Advantage

The presence of both regional manufacturers and international corporations is expected to drive market share growth. Key players such as Cargill Incorporated, BASF SE, and ADM are at the forefront of the industry. Leading nutraceutical ingredient manufacturers are adopting innovative production techniques to develop value-added products and gain a competitive edge.

Key Market Players

• Herbalife (U.S.)
• Cargill, Incorporated (U.S.)
• Royal DSM N.V. (Netherlands)
• BASF SE (Germany)
• Evonik Industries AG (Germany)
• DuPont de Nemours, Inc. (U.S.)
• Glanbia plc (Ireland)
• AMCO Proteins (U.S.)
• Roquette Frères (France)
• Döhler (Germany)

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Key Industry Development

• May 2023:   BENEO expanded its product portfolio with Beneo-scL85, a dietary fiber-based ingredient designed to replace sugar and improve food products. This innovation enhances the nutritional profile of final products and supports manufacturers in achieving front-of-pack nutrition labeling solutions.

The global   agricultural micronutrients market   was valued at USD 5.19 billion in 2024 and is projected to expand from USD 5.53 billion in 2025 to USD 9.03 billion by 2032, reflecting a CAGR of 7.26% over the forecast period. In the U.S., the market is expected to witness substantial growth, reaching an estimated value of USD 1.88 billion by 2032, driven by increased application on large-acre crops. Asia Pacific led the agricultural micronutrients market in 2024, holding a dominant share of 46.62%.

Zinc, boron, iron, molybdenum, chloride, nickel, copper, and manganese serve as essential agricultural micronutrients that mitigate soil micronutrient deficiencies. These nutrients, available in chelated and non-chelated forms, are applied to various crops, including cereals, pulses and oilseeds, fruits, vegetables, and others, through soil application, foliar sprays, or fertigation.

Information Source:   https://www.fortunebusinessinsights.com/industry-reports/agricultural-micronutrients-market-101607  

Market Segments

Zinc Segment Expected to Gain Significant Traction Due to Rising Awareness of Deficiencies

By type, the market is categorized into iron, zinc, boron, molybdenum, manganese, and others. The zinc segment is set for notable expansion, driven by increasing awareness of zinc deficiencies across multiple regions.

Soil Application Mode to Experience Robust Growth Amid Advancements in Fertilizer Technology

Based on application mode, the market is segmented into fertigation, foliar application, and soil application. The soil segment is expected to witness substantial growth, fueled by rising investments in advanced fertilizer spreaders with greater capacity.

Non-Chelated Segment to Record Strong Growth Due to Cost-Effectiveness

By form, the market is divided into chelated and non-chelated segments. The non-chelated segment is anticipated to expand significantly, primarily due to its widespread availability and lower cost compared to chelated alternatives.

Cereals Segment to Experience Notable Expansion with Increased Cultivation Rates

By crop type, the market is segmented into cereals, pulses and oilseeds, fruits and vegetables, and others. The cereals segment is projected to witness considerable growth, supported by a rising rate of cereal crop cultivation.

Regionally, the agricultural micronutrients market is divided into Asia Pacific, Europe, North America, South America, and the Middle East & Africa.

Report Coverage

The report analyzes key trends shaping industry growth in the coming years, alongside factors driving market expansion. It also examines acquisitions, mergers, and other strategic initiatives by major players to enhance their market presence.

Market Drivers and Restraints

Expansion Driven by Rising Cultivation of High-Value Crops

The growth of the agricultural micronutrients market is fueled by the increasing cultivation of high-value crops such as vegetables, fruits, ornamentals, and turf. Additionally, rising production levels of these crops are bolstering demand for micronutrients.

However, market expansion may face challenges due to limited access to government support programs.

Regional Insights

Asia Pacific to Lead Market Growth, Driven by Large-Scale Production in India and China

Asia Pacific is expected to maintain a dominant market position over the forecast period, supported by significant staple and cereal crop production in India and China.

Meanwhile, North America is anticipated to experience considerable growth, largely due to increasing awareness of micronutrient deficiencies in the region.

Competitive Landscape

Key Companies Strengthen Market Presence Through Strategic Collaborations

Leading industry players are engaging in various strategic initiatives to expand their geographical reach. These include mergers, acquisitions, and partnerships, alongside efforts in product innovation and development.

List of Key Players Mentioned in the Report:

• Nutrien Ltd. (Canada)
• Israel Chemicals Ltd. (Israel)
• Coromandel International (India)
• Yara International ASA (Norway)
• Indian Farmers Fertiliser Cooperative Limited (IFFCO) (India)
• Haifa Group (Israel)
• Koch Agronomic Services, LLC (U.S.)
• Grupa Azoty Zaklady Chemiczne Police Group (Poland)
• Marubeni Corporation (Helena Agri-Enterprises, LLC) (U.S.)
• Nouryon Chemicals Holdings B.V. (North Holland)

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Key Industry Development

• March 2021   – Haifa Group partnered with AgrIOT, an agriculture technology provider, to assist farmers with crop monitoring and product purchases. This collaboration aims to deliver precise solutions for nutrient deficiencies.

The global   insect protein market   was valued at USD 153.92 million in 2021 and is projected to grow from USD 189.32 million in 2022 to USD 856.08 million by 2029, reflecting a CAGR of 24.1% over the forecast period. Europe led the market in 2021, holding a dominant 33.67% share.

Insects serve as a primary food source for over 2 billion people worldwide. Beyond their high protein content, they offer essential fats, high-quality lipids, fiber, vitamins, and minerals such as iron and calcium. Commonly used insect protein sources include mealworms, black soldier flies, locusts, and crickets. While insect-derived lipids show promise for biofuel applications and by-products like chitin hold value in the pharmaceutical and bioplastic industries, insect proteins are primarily used in food, pet food, aquafeed, and animal feed.

Information Source:  https://www.fortunebusinessinsights.com/industry-reports/insect-based-protein-market-100780  

Market Segmentation

• By Product Type:   The market is segmented into orthoptera, hymenoptera, lepidoptera, coleoptera, and others.

• By Application:   Categories include pharmaceuticals & cosmetics, animal feed, and food & beverages.

• By Region:   The market is divided into North America, Europe, South America, Asia Pacific, and the Middle East & Africa.

Report Coverage

This report provides:

• Analysis of key market trends and segment performance.
• Evaluation of COVID-19’s impact on the industry.
• Porter’s Five Forces Analysis for market forecasting.
• Insights into market drivers and challenges.
• Rankings and profiles of major industry players.

Market Drivers and Challenges

Growing Demand for Alternative Proteins Fuels Market Expansion

Insects provide higher protein content compared to traditional animal and plant-based sources and are more cost-efficient to cultivate. Their increasing application across industries—including aquafeed, nutraceuticals, pet food, pharmaceuticals, and beverages—is driving market growth. Additionally, advancements in food technology, urbanization, and shifting consumer preferences are further propelling demand.

However, the high production costs associated with insect protein remain a significant challenge to market expansion.

Regional Insights

Europe Leads the Market Due to Expanding Food Applications

Europe is expected to maintain its leadership position, driven by the rising demand for fiber-fortified products in Germany and the U.K. and growing insect protein consumption among middle-aged and elderly consumers.

The Asia Pacific region is anticipated to witness rapid growth due to increasing domestic demand and abundant raw material availability, particularly in China. Expanding food & beverage and pharmaceutical industries in South Korea, India, Indonesia, Malaysia, and China will further support regional market growth.

List of Key Market Players-

• Aspire Food Group (Canada)
• Ynsect NL Nutrition & Health B.V. (Netherlands)
• EntomoFarms (Canada)
• Chapul Cricket Protein (U.S.)
• Jimini’s (France)
• EnviroFlight LLC (U.S.)
• Swarm Nutrition GmbH (Germany)
• AgriProtein Holdings Ltd (England)
• Next Protein Inc. (France)
• Innovafeed (France)

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Competitive Landscape

Key Players Focus on Innovation and Expansion

The insect protein market is highly competitive, with both small and large-scale manufacturers striving for market dominance. Leading companies include EntomoFarms, Jimini’s, EnviroFlight LLC, Aspire Food Group, Protix, Innovafeed, Hexafly, and Swarm Nutrition GmbH. To meet rising demand and strengthen market presence, these players are prioritizing capacity expansion, acquisitions, collaborations, and mergers.

For example, in April 2021, Ÿnsect acquired Protifarm to reinforce its position in the insect protein industry.

The global   feed additives market   was valued at USD 37.92 billion in 2024 and is projected to grow from USD 39.80 billion in 2025 to USD 53.66 billion by 2032, reflecting a CAGR of 4.36% during the forecast period. In 2024, Asia Pacific led the feed additives market with a 38.13% share.

Animal feed additives play a crucial role in feed production by improving feed efficiency, animal health, and metabolism. These additives are widely used for various animals and birds, including poultry, enhancing growth performance, feed palatability, and nutrient intake while optimizing feed utilization.

Information Source:   https://www.fortunebusinessinsights.com/feed-additives-market-104345  

Segmentation:

Amino Acids Segment to Lead Due to Increasing Importance in Regular Diet Feed

Based on type, the market is categorized into vitamins and minerals, antioxidants, amino acids, and others. The amino acids segment is expected to dominate the feed additives market, driven by the rising significance of amino acids in ensuring optimal performance in regular diet feed.

Poultry Segment to Dominate Due to Rising Demand for Functional Additives

By animal type, the market is segmented into cattle, poultry, swine, and others. The poultry segment is anticipated to lead the market, supported by the increasing demand for functional feed additives.

Geographically, the market is analyzed across North America, Asia Pacific, Europe, South America, and the Middle East & Africa.

Report Coverage:

The report provides an extensive analysis of major trends shaping the global market outlook throughout the forecast period. It offers detailed insights into market size, share, revenue, and volume through quantitative and qualitative assessments. Additionally, the report outlines key drivers and restraints, with a focus on product launches as a strategy for stakeholders to expand their market presence.

Drivers and Restraints:

Increasing Demand for Functional Additives to Drive Growth

The growing commercialization and expansion of livestock farming in developing economies are major factors driving the feed additives market. The demand for animal products has fueled the need for functional additives to improve animal health and productivity.

However, economic limitations in emerging regions may restrict market growth to some extent.

Regional Insights:

Asia Pacific to Dominate Due to Sector Consolidation and Modernization

Asia Pacific is expected to maintain its dominance in the feed additives market through the forecast period. The region held a value of USD 12.98 billion in 2022, with growth driven by consolidation and modernization in the feed sector in countries like India, Vietnam, Japan, and China.

North America is projected to grow at a significant CAGR over the forecast period. With over 5,000 feed manufacturing facilities and an annual production surpassing 200 million tons of finished animal feed, the region’s strong production capacity is a key growth driver.

Competitive Landscape:

Product Launches Remain a Priority for Market Players

Established companies and startups are expected to pursue organic and inorganic strategies to expand their presence in the feed additives market. Product launches, partnerships, innovations, and R&D efforts are likely to increase significantly throughout the forecast period.

List of Key Players Mentioned in the Report:

• Cargill, Incorporated (U.S.)
• ADM (U.S.)
• Ajinomoto Co., Inc. (Japan)
• Evonik Industries (Germany)
• DuPont (U.S.)
• Novozymes (Denmark)
• DSM (Netherlands)
• Adisseo (China)
• Hansen Holding (Denmark)
• Kemin Industries, Inc. (U.S.)

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Key Industry Development:

In January 2022, JB Chemicals and Pharmaceuticals Ltd announced plans to acquire Sanzyme Pvt Ltd, aiming to expand its presence in new therapeutic areas.

The global   instant noodles market revenue  was valued at USD 57.73 billion in 2023 and is projected to grow from USD 61.08 billion in 2024 to USD 98.26 billion by 2032, reflecting a CAGR of 6.12% during the forecast period. Asia Pacific held a dominant share of 85.81% in the instant noodles market in 2023. Additionally, the U.S. instant noodles market is expected to expand significantly, reaching an estimated value of USD 4.67 billion by 2032, driven by increasing demand for convenience food and a rising number of Asian immigrants.

Instant noodles originated in Japan in the 1950s and are now produced in over 90 countries worldwide. They have become a globally recognized food product, consumed in both developing and developed nations. Factors such as convenience, taste, nutrition, and affordability have contributed significantly to their growing popularity.

Information Source:   https://www.fortunebusinessinsights.com/industry-reports/instant-noodles-market-101452  

Report Coverage

The report presents a comprehensive analysis of market size, share, revenue, and volume. It also includes Porter’s Five Forces Analysis and SWOT analysis. Quantitative and qualitative assessments offer a holistic market view. Primary interviews validate the report’s assumptions, findings, and current business scenarios, while secondary resources such as annual reports, press releases, white papers, and journals provide additional insights.

Segments

Chicken Instant Noodles to Gain Popularity Due to Demand for Exotic Flavors

By type, the market is categorized into vegetable, chicken, seafood, and others. The chicken segment is anticipated to contribute notably to the global market due to rising demand for carbohydrate- and protein-rich foods. Meanwhile, the seafood segment is expected to grow rapidly, driven by abundant raw material availability and increasing demand for nutritious food. The growing trend for vegan products is likely to prompt key players to invest in vegetable-based instant noodles.

Wheat-based Instant Noodles to Gain Traction Due to Easy Availability

Based on raw material, the market is segmented into wheat, rice, oats, and others. The wheat segment is projected to witness significant growth from 2022 to 2029, attributed to its abundant availability and nutritional benefits, including calcium, iron, and vitamins. Oats and rice are also expected to contribute substantially to the global market share.

Cup Packaging to Lead with Rising Demand for Flexible Solutions

In terms of packaging, the market is divided into cup and bag segments. The cup packaging segment is projected to expand notably due to its storage and safety benefits during transportation. The use of waterproof polyester materials in cup packaging enhances convenience during noodle preparation.

Supermarkets/Hypermarkets to Remain Key Distribution Channels

By distribution channel, the market includes specialty stores, supermarkets/hypermarkets, online retail, and specialty stores. The supermarkets/hypermarkets segment is poised to dominate the market, supported by the increasing demand for one-stop shopping solutions. Emerging economies are investing in product information boards and dedicated shelves to boost consumer engagement.

Geographically, the market spans Europe, North America, Asia Pacific, the Middle East & Africa, and South America.

Drivers and Restraints

Rising Demand for Convenience Food to Drive Growth

The instant noodles market is set to expand with the increasing demand for ready-to-eat products. Convenience foods are gaining traction due to their extended shelf life, easy preparation, and wide availability. Additionally, the rising trend for gluten-free, sun-dried, and air-fried noodle variants is fueling innovations in the sector. For example, in August 2021, Momofuku launched air-dried noodles in spicy soy, soy & scallion, and tingly chili wavy noodle flavors. With a growing middle-class population and a shift toward healthier food options, industry players are increasingly investing in innovation.

However, the growing prevalence of obesity could pose a challenge to market growth.

Regional Insights

Asia Pacific to Dominate with Increasing Demand for Convenience Foods

Countries such as China, Indonesia, Japan, and India are projected to play a major role in driving regional market growth. The growing millennial population and rising disposable incomes in these nations are boosting the demand for instant noodles. Additionally, the increasing popularity of vegetable-based noodles aligns with the rising vegan population.

In Europe, demand for on-the-go products is expected to drive market growth. Consumers in this region are showing a preference for ethnic flavors combined with nutritional benefits. Concerns about food safety and hygiene are also encouraging companies to invest in improved production technologies.

North America is likely to present lucrative opportunities due to the increasing Asian immigrant population in the U.S. and Canada. Ethnic-flavored instant noodles have gained significant traction among these consumers, prompting leading companies to invest in advanced packaging solutions to meet the demand for convenient products.

Competitive Landscape

Focus on Brand Positioning and Expansion Strategies

Leading companies are expected to focus on technological advancements, mergers & acquisitions, product launches, and R&D activities to strengthen their market presence. Expanding product offerings is anticipated to help companies increase their geographical reach over the coming years.

Major Players Profiled in the Report :

• Nissin Food Holdings (Japan)
• Nestle S.A. (Switzerland)
• ITC Limited (India)
• Capital Foods Pvt. Ltd. (India)
• Ajinomoto Co. Inc. (Japan)
• Acecook Vietnam Joint Stock Company (Vietnam)
• The Campbell Soup Company (U.S.)
• Indofood Sukses Makmur Tbk (Indonesia)
• Toyo Suisan Kaisha Ltd. (Japan)
• Tat Hui Foods Pte Ltd. (Singapore)

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Key Industry Development

In September 2020, Mr Lee’s, a noodle brand, announced its business expansion into Hong Kong, New Zealand, Malaysia, and Singapore.

The global   tuna fish market   was valued at USD 43.14 billion in 2024 and is projected to grow from USD 44.27 billion in 2025 to USD 54.51 billion by 2032, reflecting a CAGR of 3.02% during the forecast period. The U.S. tuna fish market is expected to reach USD 10.17 billion by 2032, driven by rising demand for fresh seafood and increased consumption of cultural, particularly Asian, cuisines. Europe dominated the market with a 36.25% share in 2024.

Tuna is a commercially valuable fish and plays a crucial role in the marine ecosystem. Six key species are considered significant in the market: Southern Bluefin, Skipjack, Bigeye, Atlantic, Yellowfin, and Pacific. Recent consumer trends show a growing preference for healthy and convenient food options, contributing to the increased demand for protein-rich foods like tuna.

Information Source:   https://www.fortunebusinessinsights.com/industry-reports/tuna-fish-market-100744  

COVID-19 Impact:

Supply Chain Disruptions Hampered Market Growth

The COVID-19 pandemic negatively affected the global tuna market, as government-imposed restrictions disrupted commercial fish landings. Restaurant closures, reduced labor mobility, and social distancing measures significantly impacted the seafood supply chain. According to the Food and Agriculture Organization (FAO), the demand for canned tuna declined by 80-90% due to reduced restaurant trade.

Segments:

Skipjack Tuna Segment to Gain Traction Due to Nutritional Benefits and Easy Availability

By species, the market is categorized into Skipjack, Albacore, Yellowfin, Bigeye, Bluefin, and others. The Skipjack segment is expected to dominate the market, driven by its widespread availability and strong nutritional value. As per Asia Pacific – Fish Watch, Skipjack accounts for over 70% of total tuna catches in the Western and Central Pacific and nearly half in the Indian Ocean. Skipjack is a vital source of low-fat protein and sodium, contributing to its rising demand.

Canned Tuna Sales to Rise Due to Growing Demand for Convenience Foods

By type, the market is segmented into fresh, canned, and frozen. The canned segment is projected to lead the market, supported by increasing awareness of its health benefits and ease of consumption. Canned tuna is rich in omega-3 fatty acids, which help reduce blood pressure, cholesterol, and the risk of dementia and inflammatory disorders. The wide variety of canned tuna products available — from plain to grilled and marinated options — is further driving growth.

Report Coverage:

The report offers detailed insights into market trends, growth drivers, and challenges. It highlights key market players, industry developments, and competitive strategies. The report also analyzes product types, applications, and growth rates for various segments.

Drivers and Restraints:

Rising Consumption of Canned Tuna Due to Affordability and Shelf-life

Canned tuna has seen notable growth globally due to its affordability, extended shelf-life, and convenience. Its non-refrigerated storage requirement and ease of transportation have further boosted its demand. The expanding working population has contributed to greater demand for processed, ready-to-cook, and ready-to-eat foods.

Europe and Asia Pacific are prominent consumers of canned tuna, with demand also growing in South America and the Middle East. Increasing seafood consumption trends, especially for processed fish, continue to support the segment's growth.

Conversely, the rising number of vegetarians driven by environmental concerns and dietary preferences is limiting seafood consumption. Companies like Beyond Meat and MorningStar Farms are actively investing in plant-based alternatives, potentially hindering tuna market growth.

Regional Insights:

Europe Dominates Due to High Seafood Consumption

Europe held a significant market share of USD 14.95 billion in 2022. The region’s high per capita fish and seafood consumption, along with a structured seafood industry, has driven demand. Consumers are actively seeking functional foods that offer health benefits for busy lifestyles.

For instance, in September 2021, John West, part of the Thai Union Group, introduced a nutrient-rich canned tuna range in the U.K., offering Energy, Heart, and Immunity variants aimed at young, health-conscious consumers.

Competitive Landscape:

Product Innovation to Drive Market Growth

Leading companies are expanding their seafood product range to cater to evolving consumer preferences. Manufacturers are incorporating functional benefits into their offerings to attract health-conscious customers.

In September 2021, John West launched a nutrient-rich canned tuna range across the U.K., featuring functional flavors like Energy, Heart, and Immunity.

LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT

• Bolton Group (Italy)
• Century Pacific Foods Inc. (Philippines)
• The Jealsa Rianxeira S.AU. Group (Spain)
• Grupo Albacore S.A. (Spain)
• ITOCHU Corporation (Japan)
• Thai Union Group Inc. (Thailand)
• Dongwon Enterprises Co. Ltd. (South Korea)
• IBL Ltd. (Mauritius)
• FCF Co. Ltd. (Taiwan)
• Sea Delight (U.S.)

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Key Industry Development:

In January 2023, Next Tuna, a tuna fish farming startup, partnered with Skretting, a farmed fish feed manufacturer, to develop dry feeds specifically for Atlantic Bluefin tuna fish.

The   cold brew coffee market revenue  was valued at USD 3.16 billion in 2024 and is projected to grow from USD 3.87 billion in 2025 to USD 16.22 billion by 2032, reflecting a CAGR of 22.71% during the forecast period. North America led the cold brew coffee market with a 35.76% share in 2024. Additionally, the U.S. cold brew coffee market is expected to reach USD 4.88 billion by 2032, driven by increasing consumer preference for specialty coffee, including Ready-to-Drink (RTD) options.

Cold brew coffee is prepared by steeping coffee beans in water at room temperature for at least 24 hours. While this method requires the longest brewing time, it effectively removes bitterness, resulting in a beverage with higher caffeine content. The cold brew process extracts both flavor and caffeine from the coffee beans, producing a rich, aromatic drink. Similar to traditional coffee, cold brew coffee can be enjoyed with milk, cream, or sugar. Enthusiasts often describe its taste as smoother and milder, lacking the acidity commonly found in regular coffee. Popular brands such as Starbucks and Dunkin' Donuts offer a variety of cold brew coffee options.

Information Source:   https://www.fortunebusinessinsights.com/cold-brew-coffee-market-102647  

Segmentation:

Rising Demand for Canned Coffee Due to Convenience

By packaging type, the market is categorized into glass bottles, plastic bottles, and cans. The cans segment leads the cold brew coffee market as it offers significant convenience for customers.

Supermarkets/Hypermarkets Dominate Due to Accessibility and Extensive Product Range

Based on distribution channels, the market is divided into supermarkets/hypermarkets, specialty stores, convenience stores, and e-commerce. Supermarkets/hypermarkets hold the largest market share since they provide customers with easy access to a wide variety of coffee products under one roof.

Geographically, the market spans North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report offers a detailed analysis of the market, emphasizing key packaging types and major distribution channels. It also highlights leading players, significant industry developments, and current market trends. Besides these aspects, the report covers several other factors contributing to the market's growth.

Drivers and Restraints:

Increasing Preference for RTD Cold Brew Coffee to Drive Growth

Developed nations like the U.K., the U.S., and Japan are witnessing growing demand for Ready-to-Drink (RTD) cold brew coffee, as it offers convenience by saving time and effort. Additionally, major market players are introducing innovative flavors to attract more consumers, which is expected to boost RTD cold brew coffee sales in the future.

However, the high cost of cold brew coffee compared to traditional coffee may hinder its sales.

Regional Insights:

North America Leads Due to High Coffee Consumption

North America held a significant share of the global market in 2023, driven by strong coffee consumption trends. The rising demand for specialty coffees and the growing purchasing power of millennials are further fueling the region's cold brew coffee market growth.

Asia Pacific is also experiencing steady growth, supported by increasing cold brew coffee consumption in India, Japan, and China.

Competitive Landscape:

Key Players Expanding Operations to Maintain Competitive Edge

Leading companies in this market are actively expanding their food business operations in new countries to meet rising demand for diverse coffee products. Many local players are collaborating with other firms to extend their presence in international markets and broaden their customer base.

LIST OF KEY COMPANIES PROFILED IN THE REPORT:

• Javy Coffee Company (U.S.)
• The J. M. Smucker Company (U.S.)
• Starbucks Corporation (U.S.)
• Blue Bottle Coffee, Inc. (U.S.)
• Sleepy Owl (India)
• Finlay’s (U.K.)
• Nestle S.A. (U.S.)
• CoolBrew (U.S.)
• JAB Holding Company (Luxembourg)
• Wandering Bear Coffee (U.S.)

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Notable Industry Development:

In September 2023, 7 Brew Coffee launched a cold brew coffee product set to be available in over 100 stores across 19 states. Made from 100% Peruvian coffee beans and lightly roasted, the drink offers a distinct chocolaty flavor that complements 7 Brew's signature fruit-flavored espresso blend.

The global   pea protein market   was valued at USD 580.61 million in 2023 and is expected to expand from USD 649.36 million in 2024 to USD 1,644.67 million by 2032, exhibiting a CAGR of 12.32% during the forecast period (2024-2032). North America held the largest market share of 36.33% in 2023. Additionally, the U.S. pea protein market is anticipated to experience significant growth, reaching approximately USD 396.14 million by 2032, driven by increasing demand for plant-based and healthy protein ingredients in products such as energy bars, healthy snacks, and protein shakes.

Pea is a leguminous plant, and its seeds are rich in protein (20% - 30%), primarily in the form of globulins, which are key components in Pea Protein Isolate (PPI) products. Pea protein is produced using wet-milling and dry-milling technologies, with protein content ranging between 48% and 90%. PPI and concentrates are known for their essential functional properties, including nutritional benefits, oil-binding capacity, water-binding capacity, foam stability, foam expansion, whip ability, emulsion stability, gelatin, and emulsion ability ratio.

Information Source:  https://www.fortunebusinessinsights.com/pea-protein-market-106053

Segments:

By type, the market is divided into isolates, concentrate, and textured.

By application, it is segmented into meat substitutes, baked goods, dietary supplements, beverages, and others.

Regionally, the market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East; Africa.

Report Coverage:

The report offers comprehensive insights into recent market developments, including partnerships, mergers, acquisitions, and alliances. It also highlights business development practices such as innovation, product advancements, and market segmentation. The report outlines the impact of the COVID-19 pandemic on market expansion and discusses key drivers and restraints influencing market growth.

Drivers; Restraints:

Increasing Healthy Food Consumption to Drive Market Growth

The market is projected to grow rapidly due to rising consumer awareness regarding high-protein diets for immune system enhancement. The increasing vegan population in Europe is also expected to support market growth. Additionally, growing awareness of pea product health benefits is anticipated to expand the market. However, potential side effects linked to pea protein consumption may hinder growth.

Regional Insights:

North America Leads Market Share Due to Growing Demand for High-Protein Foods

North America dominates the pea protein market due to increasing consumption of cold cereals, energy bars, and snacks. Moreover, major industry players in the region are actively launching new products to enhance market growth.

Europe is expected to experience notable growth due to a rising focus on healthy living and increased demand for plant-based protein ingredients. The growing vegan population in European countries is likely to boost product demand in the region.

List of Key Players Profiled in Market:

• RouquetteFreres (France)
• BurconNutrascience Corp (Canada)
• The Scoular Company (U.S.)
• DuPont (U.S.)
• CosucraGroupeWarcoing (Belgium)
• Nutri-Pea Limited (Canada)
• Shandong Jianyuan Group (China)
• Kerry Inc (Ireland)
• Sotexpro SA (France)
• Puris Protein LLC (U.S.)

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Competitive Landscape:

New Product Launches Help Key Players Maintain Market Position

Leading companies are adopting competitive strategies such as strategic alliances, mergers, acquisitions, and partnerships to expand their global presence. Innovation strategies are also employed to enhance product offerings and drive market growth.

In March 2020, Burcon Nutrascience Corp (Canada) received the "Letter of No Objection" from the U.S. FDA for its two novel pea protein products, Peazazz and Peazac, enabling their acceptance in global food and beverage markets.