Market Size

The global pizza market size was valued at USD 272.40 billion in 2024. The market is projected to grow from USD 282.91 billion in 2025 to USD 409.50 billion by 2032, exhibiting a CAGR of 5.42% during the forecast period. North America dominated the pizza market with a market share of 38.83% in 2024.

North America Remains the Market Leader

North America continues to dominate the pizza market, accounting for  38.83% of the global share  in 2024. The U.S. remains at the forefront, driven by strong consumer demand for both ready-to-eat and frozen pizza options. Leading brands such as Domino’s, Pizza Hut, and Papa John’s are capitalizing on this demand through aggressive expansion, menu innovation, and digital ordering platforms.

In the U.S., technology plays a pivotal role. Mobile apps, AI-driven recommendations, and third-party delivery platforms like DoorDash and Grubhub have revolutionized how consumers order pizza. The ability to customize pizzas in real-time and receive them within minutes has set new standards for convenience and customer satisfaction.

Key Country Highlights

• United States  – High market penetration and consistent innovation drive sales. Frozen and ready-to-eat pizzas enjoy strong retail demand alongside booming QSR sales.
• Italy  – The birthplace of pizza continues to blend tradition with innovation. While artisanal pizzerias thrive, global chains are also finding their place in the Italian market.
• India  – Rapid urbanization, a growing middle class, and higher disposable incomes are fueling demand. Global brands such as Domino’s dominate, offering localized toppings to suit Indian tastes.
• Brazil  – The market is expanding thanks to a rising appetite for international cuisines and the presence of both global players and regional chains like Sampa.

Segmentation Insights

By Product Type

• Non-Vegetarian Pizza  – Expected to maintain the largest market share in 2025, thanks to popular toppings like pepperoni, sausage, chicken, and seafood.
• Vegetarian Pizza  – Predicted to be the fastest-growing segment, supported by increasing health awareness, vegetarian diets, and plant-based alternatives.

By Distribution Channel

• Quick-Service Restaurants (QSRs)  – The leading channel, benefiting from high consumer footfall in shopping malls, urban centers, and food courts. QSRs offer competitive pricing, speed, and convenience, making them the preferred choice for many customers.
• Full-Service Restaurants (FSRs)  and  Retail  – While QSRs lead, dine-in restaurants and supermarket pizza sales are also on the rise, especially in markets where artisanal and premium options are in demand.

Source: https://www.fortunebusinessinsights.com/pizza-market-113456

Market Trends and Growth Drivers

1. Digital Transformation in Ordering and Delivery
   The adoption of mobile apps, smart kiosks, and AI-based recommendations is reshaping the pizza-buying experience. Contactless delivery, tracking features, and even robotic deliveries are enhancing convenience.
2. Customization and Premiumization
   Consumers are seeking personalized dining experiences. Build-your-own pizza options and premium toppings such as truffle oil, artisanal cheeses, and organic vegetables are becoming mainstream.
3. Health and Wellness Movement
   Growing awareness of nutrition has led to increased demand for gluten-free crusts, whole-grain bases, low-fat cheeses, and plant-based protein toppings. This trend is particularly strong among younger, health-conscious consumers.
4. Globalization of Flavors
   Pizza menus are increasingly reflecting local tastes, with region-specific toppings and sauces. From paneer tikka pizzas in India to feijoada-inspired options in Brazil, brands are tailoring menus to regional preferences.
5. Sustainability Efforts
   Many pizza brands are focusing on eco-friendly packaging, sourcing ingredients locally, and adopting carbon-neutral operations to appeal to environmentally aware customers.

Challenges Facing the Market

Despite its global popularity, the pizza market faces challenges that could slow growth. Rising health concerns linked to fast-food consumption—including obesity, cardiovascular diseases, and diabetes—are leading some consumers to reduce their intake of high-calorie, high-sodium foods. Additionally, fluctuating raw material prices, particularly for wheat, cheese, and meats, can impact profitability.

Opportunities Ahead

The industry still has significant room for innovation. The rise of  plant-based meat alternatives  presents new opportunities for vegetarian and vegan pizza offerings. Advances in frozen food technology are improving the quality and shelf life of retail pizzas, making them more competitive with fresh options. Furthermore, emerging markets in Asia-Pacific and Latin America remain relatively untapped, with enormous potential for growth as incomes rise and urban lifestyles spread.

Regional Outlook

• North America  – Strong digital infrastructure and established QSR networks ensure continued dominance.
• Europe  – Growth is driven by artisanal offerings and gourmet trends, with Italy remaining a cultural and culinary hub.
• Asia-Pacific  – Expected to post the fastest growth, thanks to urbanization, rising incomes, and the localization of international pizza menus.
• Latin America  – Growing tourism, cultural openness to international cuisines, and urban expansion are supporting market growth.

Future Outlook

The future of the pizza market lies in the ability to balance tradition with innovation. Brands that successfully merge authentic recipes with modern technology, cater to evolving dietary needs, and embrace sustainability will remain competitive. As digital engagement increases and delivery infrastructure improves, consumers can expect faster, fresher, and more personalized pizza experiences.

Given its adaptability and universal appeal, pizza’s role in the global foodservice industry is secure. From bustling metropolitan cities to small-town eateries, pizza will continue to be a symbol of comfort, convenience, and cultural fusion—driving the market toward the projected  USD 409.50 billion  valuation by 2032.

KEY INDUSTRY DEVELOPMENTS

• April 2025:  Domino’s Pizza Inc., an American multinational pizza restaurant chain, partnered with DoorDash, Inc., an online food delivery company. The partnership would allow Domino's to reach new consumers through DoorDash Marketplace.
• March 2025:  Flynn Group, one of the largest franchise operators in the U.S., acquired franchise rights of 45 Pizza Hut restaurants in Alabama, Georgia, and Tennessee. The acquisition would allow Flynn Group to expand its quick service and fast casual brands.

Market Overview:

The global weight loss supplements market size was valued at USD 24.63 billion in 2023 and is expected to be worth USD 27.89 billion in 2024. The market is projected to reach USD 77.21 billion by 2032, recording a CAGR of 13.57% during the forecast period.

Weight loss supplements consist of a blend of minerals, herbs, and fibers aimed at assisting individuals in shedding pounds by curbing appetite, boosting metabolism, and enhancing fat burning. Key drivers for the growing use of appetite suppressants include the rising prevalence of obesity, heightened health awareness, and the introduction of advanced fat-burning supplements.

LIST OF KEY COMPANIES PROFILED IN THE REPORT:

• Amway Corporation (U.S.)
• Herbalife Nutrition (U.S.)
• GNC (U.S.)
• Fermentis Life Sciences (India)
• Glanbia Performance Nutrition Inc., (Ireland)
• Ajinomoto Health & Nutrition (U.S.)
• Nestle Health Science (U.S.)
• GlaxoSmith Kline plc (U.K.)
• Shaklee Corporation (U.S.)
• Iovate Health Sciences International Inc. (U.S.)

Segmentation:

Powders Segment Led Market as it Facilitates Rapid Absorption and Allows for Flexible Dosing

Based on form, the market is distributed into powders, tablets, capsules, liquids, and others. The powders segment was the leading contributor to the market revenue in 2023 primarily due to the advantages of the powder form of the supplement, which facilitates rapid absorption and allows for flexible dosing.

Natural/Botanical Extracts Dominates Market Due to Their Ability to Regulate Appetite and Enhance Glucose and Lipid Metabolism

Based on product type, the market is segmented into vitamins, minerals, amino acids, proteins, natural/botanical extracts, and others. Natural/botanical extract-based weight loss supplements have emerged as the dominant category in the market, effectively securing the top position. These supplements enriched with natural extracts are recognized for their ability to regulate appetite and enhance glucose and lipid metabolism, establishing them as a viable option for obesity management.

19 to 40 Years Segment Dominates Market Due to Increasing Risk of Obesity

Based on end-user, the market is distributed into under 18, 18 to 40, 41 to 50, and above 50 years. The 19 to 40 age segment dominates the market and is projected to continue growing at a similar rate during the forecast period. Individuals within this age range often maintain demanding lifestyles, leading to a reliance on heavily processed food options. This trend contributes to poor dietary choices, increasing the risk of obesity and subsequently driving the consumption of appetite suppressants.

Supermarkets/Hypermarkets Dominated Market Due to Advantages of Product Selection and Cost-Savings

Based on distribution channel, the market is distributed into supermarkets/hypermarkets, pharmacies/drug stores, specialty stores, online retail, and others. The supermarkets/hypermarkets segment emerged as the dominant force in the market in 2023, primarily due to the advantages of product selection and cost savings. These retail establishments offer a wide range of products from numerous national and private-label brands, effectively capturing consumer interest and attention.

With respect to region, the market covers North America, South America, Europe, the Middle East & Africa, and Asia Pacific.

Source: https://www.fortunebusinessinsights.com/weight-loss-supplements-market-110638

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading applications, product types, forms, end-users, distribution channels, and key market players. It has also focused on the latest market trends and key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Increased Demand for Plant-Based Ingredients in Dietary Supplements to Fuel Market Growth

In today's world, personal health and wellness have evolved significantly. Consumers now expect products made from sustainable and safe ingredients, driven by increased awareness of product quality and animal welfare. This demand for clean-label products is boosting the popularity of plant-based ingredients in dietary supplements. Natural extracts, such as green tea extracts, ginseng, and aloe vera, are favored for weight loss due to their appetite-suppressing and fat-burning properties. These ingredients are observed as healthier and safer alternatives to artificial compounds, appealing to those pursuing holistic weight management solutions.

However, one of the primary challenges for consumers of weight loss supplements is the significant risk of side effects, which is expected to impede the weight loss supplements market growth.

Regional Insights:

North America Dominates Market Due to Heightened Risk of Obesity

North America accounted for a substantial weight loss supplements market share of 42.12% in 2023. This dominance is largely attributed to consumers’ fast-paced lifestyles, which have led to a reliance on ultra-processed, ready-to-eat foods that are high in calories but deficient in essential nutrients. Consequently, this dependency heightens the risk of obesity, thereby increasing the demand for weight loss supplements.

Europe ranks second and is projected to experience significant growth in the coming years. Rising obesity rates in Europe have resulted in an increased prevalence of chronic health conditions. This scenario compels consumers to consider weight loss supplements as a viable option to alleviate the challenges associated with obesity.

Competitive Landscape:

Major Players to Focus on Introducing New Productsto Support Healthier Lifestyle

The major players operating in the global market are Amway Corporation, GNC, Herbalife Nutrition, and Nestle Health Science. In today’s world, many consumers are facing obesity issues and seeking ways to mitigate the risk of weight gain. To address these challenges, manufacturers are launching weight loss products designed to support a healthier lifestyle.

Notable Industry Development:

December 2023:  Massachusetts Institute of Technology Department of Medical Engineering announced the launch of an ingestible capsule specifically designed to address obesity risk. Developed by MIT Engineers, this innovative capsule vibrates within the stomach to create a sensation of fullness, thereby reducing appetite.

Market Overview

The global North America sugar free chocolate market size is expected to touch USD 391.8 million by 2028, exhibiting a CAGR of 5.42% during the forecast period. The market value stood at USD 242.0 million in 2020 and reached USD 270.7 million in 2021. Increasing health awareness and rising cases of diabetes globally are expected to boost the market growth.  Fortune Business Insights™  mentions this information in its report titled “ Sugar Free Chocolate Market, 2021-2028. ”

Sugar free chocolate is a healthier and low-calorie snack with antioxidants, increasing its demand. Rising awareness regarding good health led to the adoption of healthier snacks, thereby increasing the adoption of sugar-free chocolates. Rising per-capita income and evolving buying preferences led to the adoption of healthy food alternatives in North America, which, in turn, may boost the product’s sales. Furthermore, rising cases of diabetes lead to the adoption of sugar-free food, which in turn may positively impact the industry. As per the International Diabetes Federation, nearly 463 million adults suffer from diabetes, which is expected to spike drastically. Therefore, these factors are likely to spike the market’s progress in the upcoming years.

List of Key Players Profiled in the North America Sugar Free Chocolate Market Report

• The Hershey Company (Pennsylvania, U.S.)
• Ferrero SpA (Alba, Italy)
• Chocoladefabriken Lindt & Sprüngli AG (Kilchberg, Switzerland)
• Godiva Chocolatier (Midtown Manhattan, U.S.)
• KOHLER Co. (Wisconsin, U.S.)
• Jackie’s Chocolate (Wisconsin, U.S.)
• Pascha Chocolate (Toronto, Canada)
• Pobeda Confectionery Ltd. (Moscow, Russia)
• Asher's Chocolate Company (Pennsylvania, U.S.)
• Barry Callebaut AG (Zürich, Switzerland)

Segments

By product type, the market is segmented into white chocolate, dark chocolate, and milk chocolate.

By distributional channel, it is classified into online retail, convenience stores, specialty stores, and supermarkets/hypermarkets. By country, it is grouped into U.S., Canada, and Mexico.

Report Coverage

The North America sugar free chocolate sector report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Source: https://www.fortunebusinessinsights.com/north-america-sugar-free-chocolate-market-106285

Drivers and Restraints

Rising Awareness Regarding the Benefits of Sugar-Free Chocolates to Incite Market Growth

Rising shift to healthier foods, rising per-capita income, and evolving preferences fuel demand for healthier food products. Rising trends of healthy snacking have led to the adoption of sugar free chocolates, which, in turn, may propel sales. Manufacturers focus on the development of products that adhere to consumers’ demands. For example, As per the International Food Information Council's Food and Health Survey in 2020, approximately 76% of U.S. consumers look forward to eliminating sugar intake from their diets. Furthermore, incorporating the product in muffins, puddings, cakes, and others is expected to boost sugar-free chocolate. These factors are likely to drive the North America sugar free chocolate market growth.

However, higher production and raw material costs may hinder the market’s progress.

Country Insights

High Chocolate Consumption Among the U.S. Population to Foster Market Development in U.S.

U.S. is expected to dominate the North America sugar free chocolate market share because of the rising consumption of chocolates in the U.S. Rising obesity is expected to boost the adoption of chocolate in the country. As per the information provided by the Centers for Disease Control and Prevention (CDC), diabetes cases touched 42.4% in 2018 compared to 30.5% in 2000.

Canada is expected to be driven by the consumption of locally produced premium chocolates. Further, in Toronto, approximately 20 chocolatiers aim to differentiate their product range. In addition, festivals such as Christmas, Thanksgiving, Easter, and others are likely to boost sugar free chocolate adoption.

Competitive Landscape

Major Players Launch Novel Products to Boost Market Position

Prominent companies operating in the North America sugar free chocolate sector sector launch novel products to attract consumers and boost their market position. For example, in June 2021, Russel Stover Chocolates, a brand owned by Lindt & Sprungli AG, announced its Joy Bites chocolate bars. It is a sugar free chocolate made from Fairtrade cocoa and sweetened using stevia extract. This launch may enable the company to attract consumers and boost its market position. Furthermore, the adoption of research and development may enable manufacturers to develop innovative chocolates with flavors to attract consumers’ attention and improve their brand image.

Industry Development

• July 2021:  Kohler Co., a leading organization in the North America sugar free chocolate sector announced their latest handmade and sugar free chocolate containing enhanced cocoa and premium ingredients. The flavors are available in nine, four, and two pieces and are extremely healthy.

Market Overview:

The China halal food & beverage products market size was valued at USD 77.71 billion in 2024. The market is projected to grow from USD 85.95 billion in 2025 to USD 217.10 billion by 2034, exhibiting a growth at a CAGR of 10.84% during the forecast period.

Halal food and beverages refer to products certified as permissible under Islamic law by recognized bodies such as the China Islamic Association, Linxia Halal Food Certification Centre, and ARA Halal Certification Services Center Inc. The growing Muslim population in China is playing a key role in driving demand for such products.

Market growth is further supported by increasing efforts from companies to obtain recognized food quality and Halal certifications. The rising popularity of Halal-certified goods among both Muslim and non-Muslim consumers, along with a surge in product launches and global brands entering the Chinese market, continues to boost industry expansion. Leading players in the sector include Yili Group, China Mengniu Dairy Company Limited, Shandong Grasshome Halal Food Co., Ltd., Hebei Kangyuan Halal Food Co., Ltd., and Qingdao Alliance Food Corporation.

LIST OF KEY CHINA HALAL FOOD & BEVERAGE PRODUCT COMPANIES PROFILED:

• Yili Group (China)
• China Mengniu Dairy Company Limited (China)
• Shandong Grasshome Halal Food Co., Ltd. (China)
• Hebei Kangyuan Halal Food Co., Ltd. (China)
• Qingdao Alliance Food Corporation (China)
• GUANGDONG SHANGYI FOOD CO., LTD. (China)
• HAOYUE Group (China)
• ELISHA MINERAL WATER CO., LTD. (China)
• Hebei province Xinle City Moslem Meat Co., Ltd. (China)
• IVY(HK)INDUSTRY CO., LIMITED & Zhaoan Huazhijie Food Co., Ltd. (China)

Report Coverage:

The report provides a detailed analysis of the worldwide market, using statistics and detailed explanations. It includes expert opinions from interviews with important people, collected through emails, phone calls, and surveys, as well as from official documents and websites. The report uses both detailed and broad methods to give a full understanding of the products.

China Halal Food & Beverage Products Market Segmentation Analysis:

By Type (Milk and Milk Products, Fruit and Vegetables, Grain Products, Beverages, Meat and Meat Products, Confectionery, Food Additives, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Sales, Bulk Suppliers, and Others), By End-User (Foodservice Sectors and Households)

Source: https://www.fortunebusinessinsights.com/china-halal-food-beverage-products-market-112943

China Halal Food & Beverage Products Market Growth:

China’s Halal food and beverage market is expanding rapidly, driven by a large Muslim population, increasing disposable incomes, and growing demand for certified Halal products among both Muslim and non-Muslim consumers. Key product categories include Halal meat, dairy alternatives, beverages, and ready-to-eat meals. The rise of e-commerce platforms and hypermarket chains is accelerating product accessibility. Government initiatives, such as Halal industrial parks and export-oriented policies, are supporting industry growth. However, the market faces challenges including inconsistent certification standards, counterfeit labeling, and fluctuating raw material costs, which impact consumer trust and pose hurdles to long-term market stability.

China Halal Food & Beverage Products Market Drivers and Restraints:

Drivers: The China Halal food & beverage market is driven by a sizable Muslim population, rising health and religious consciousness, and increasing demand for certified Halal products. Government support through Halal industrial parks and export initiatives, along with the expansion of e-commerce and modern retail, further fuels market growth.

Restraints: However, the market faces key restraints such as fragmented and inconsistent Halal certification systems, counterfeit labeling practices, and limited consumer awareness outside Muslim communities. Additionally, volatile raw material prices and challenges in traceability and quality control pose risks to supply chain efficiency and consumer trust in Halal standards.

KEY INDUSTRY DEVELOPMENTS

• February 2025:  ELISHA MINERAL WATER CO., Ltd., a Chinese beverages manufacturing company, launched a refreshing apple-flavored sparkling drink to the market. The newly launched product is an FDA, Halal, and ISO-certified product.
• October 2024:  Protoga Biotech, a China-based company, announced the launch of its new Commercial Microalgae Plant Milk in China. According to the company, the products manufactured are Halal and Kosher-certified.

Market Overview:

The global soy flour market size was valued at USD 6.80 billion in 2024. The market is projected to grow from USD 7.27 billion in 2025 to USD 11.98 billion by 2032, exhibiting a CAGR of 7.40% during the forecast period. Asia Pacific dominated the soy flour market with a market share of 44.41% in 2024.

LIST OF KEY SOY FLOUR COMPANIES PROFILED:

• Cargill Inc. (U.S.)
• ADM (U.S.)
• CHS Inc. (U.S.)
• DuPont (U.S.)
• Wilmar International Ltd (Singapore)
• Foodchem International Corporation (China)
• Sun Nutrafoods (India)
• Seasons International Pvt. Ltd (India)
• American International Foods, Inc. (U.S.)
• Avi Agri Business Limited (India)

Report Coverage:

The report provides a detailed analysis of the worldwide market, using statistics and detailed explanations. It includes expert opinions from interviews with important people, collected through emails, phone calls, and surveys, as well as from official documents and websites. The report uses both detailed and broad methods to give a full understanding of the products.

Soy Flour Market Growth:

The soy flour market is witnessing robust growth, driven by increasing demand for plant-based proteins, health-conscious eating, and gluten-free alternatives. Consumers are turning to soy flour for its high protein content, versatility, and functional benefits in bakery, snacks, and meat substitutes. Rising vegan and vegetarian trends, especially in North America, Europe, and Asia Pacific, are boosting product adoption. Technological advancements in soy processing and the development of non-GMO, clean-label products are further expanding market opportunities. As awareness of sustainable and protein-rich diets grows, the global soy flour market is projected to experience steady expansion in the coming years.

Source: https://www.fortunebusinessinsights.com/soy-flour-market-113436

Soy Flour Market Drivers and Restraints:

Drivers: The soy flour market is driven by rising demand for plant-based proteins, growing health awareness, and increasing popularity of vegan and vegetarian diets. Its use in gluten-free and high-protein products, along with expanding applications in bakery, meat alternatives, and functional foods, fuels market growth. The affordability and nutritional value of soy flour further enhance its appeal.

Restraints: However, market growth is restrained by concerns over soy allergies, the widespread use of genetically modified (GM) soybeans, and fluctuating soybean prices. Additionally, consumer preference for clean-label or non-GMO products may limit adoption in regions with strict food labeling regulations.

Soy Flour Market Regional Insights:

The soy flour market shows strong regional dynamics. North America leads with high demand for plant-based, protein-rich foods, especially in the U.S. Asia Pacific is the fastest-growing region, driven by abundant soy production and rising consumption in China and India. Europe favors non-GMO soy flour due to clean-label preferences and strict regulations. Latin America, with strong soybean cultivation in Brazil and Argentina, is witnessing steady growth. The Middle East & Africa show emerging potential as health awareness and demand for affordable protein sources rise. Across regions, soy flour’s role in bakery, snacks, and meat alternatives continues to support market expansion.

KEY INDUSTRY DEVELOPMENTS:

• September 2024 -  Bartlett, a family-owned company, opened a new soybean processing plant in Cherryvale, Kansas. The new plant has the capacity of approximately 49 million bushels of soybeans annually.
• February 2024 –  Amfora Inc., a biotechnology company specializing in developing sustainable protein products, launched its ultra-high plant protein products - Amfora Ultra-High Protein Soy flour, Texturized Vegetable Protein, and Crisps to the market.

Market Overview

The Asia Pacific beverages market size was valued at USD 1,399.54 billion in 2024. The market is projected to grow from USD 1,520.52 billion in 2025 to USD 3,283.78 billion by 2034, exhibiting a growth at a CAGR of 8.93% during the forecast period.

LIST OF KEY BEVERAGES COMPANIES IN ASIA PACIFIC:

• AB InBev. (Belgium)
• ASAHI GROUP HOLDINGS, LTD. (Japan)
• KWEICHOW MOUTAI CO.,LTD. (China)
• Nestle S.A. (Switzerland)
• Parle Agro Pvt. Ltd. (India)
• PepsiCo Inc. (U.S.)
• SUNTORY HOLDINGS LIMITED (Japan)
• Thai Beverage Plc. (Thailand)
• The Coca-Cola Company (U.S.)
• Yakult Honsha Co., Ltd. (Japan)

Market Segmentation

By Type (Alcoholic {Beer, Wine, Distilled Spirits, and Others} and Non-Alcoholic {Carbonated soft drinks, RTD Coffee & Tea, Fruit Beverages, and Others}), By Distribution Channel (On-Trade and Off-Trade {Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Others})

Country-Level Insights

• China : Dominates the region with high consumption of tea, bottled water, and domestic spirits like Baijiu. Innovation in herbal and functional drinks is growing fast.
• India : Rising demand for fruit-based drinks, dairy beverages, and energy drinks, driven by a young population and increasing health awareness.
• Japan : A mature market known for green tea, functional beverages, and innovations in vending machines. RTD (ready-to-drink) coffee and teas are booming.
• South Korea : Growth in fermented beverages, wellness drinks, and international coffee brands.
• Southeast Asia : Fast-growing markets like Vietnam and Indonesia are seeing a spike in packaged water, juices, and bubble tea driven by urban youth.

Source: https://www.fortunebusinessinsights.com/asia-pacific-beverages-market-112736

Asia Pacific Beverages Market Trends:

1. Functional and Fortified Beverages
   Consumers are looking for beverages that offer added value, such as immunity-boosting drinks, digestive aids, and mental wellness tonics. Probiotics, adaptogens, collagen, and CBD-infused drinks are gradually entering niche markets.
2. Plant-Based Revolution
   Alternatives to dairy like oat, almond, and soy milk are expanding beyond traditional consumers. Companies are launching flavored plant-based beverages targeting lactose-intolerant populations and vegans.
3. Premiumization of Alcoholic Beverages
   There's a noticeable shift from mass-produced liquors to premium, artisanal, and craft beverages. Japanese whiskey, Korean soju, and Australian wines are gaining global and regional popularity.
4. Sustainable and Smart Packaging
   Brands are adopting eco-friendly packaging , QR codes for product traceability, and smart labels that engage customers digitally. Refillable glass bottles and biodegradable packaging are gaining ground in metro cities.
5. Localized Flavor Innovations
   Companies are creating beverages that cater to local tastes — such as mango lassi-flavored drinks in India, chrysanthemum teas in China, and matcha-infused products in Japan — while also experimenting with fusion flavors to attract the globalized younger audience.

Challenges in the Market

Despite the significant opportunities, the market faces several challenges:

• Regulatory Hurdles : Varying import/export policies, labeling laws, and ingredient restrictions across countries can hinder market entry.
• Price Sensitivity : In developing economies, affordability remains a concern, particularly for premium or functional beverages.
• Supply Chain Disruptions : Volatility in raw material prices and transportation costs can impact profit margins.

Future Outlook

The Asia Pacific beverages market is set for continued growth, propelled by innovation, evolving consumer preferences, and strategic regional investments. Companies that can adapt to local trends, ensure product transparency, and align with health and sustainability goals will thrive in this fast-evolving landscape.

Investors and stakeholders should focus on digitization, R&D in functional ingredients , and strategic partnerships with local manufacturers and retailers to tap into the region's full potential.

KEY INDUSTRY DEVELOPMENTS:

• October 2024:  Pernod Ricard, a France-based wines & spirits company, announced the opening of its new malt distillery and maturation facility in Nagpur, India, with an initial investment of over USD 11.5 million. According to the company, the new facility will have a production capacity of up to 13 million pure alcoholic liters annually.

Market Overview

The global cocoa butter alternatives market size was valued at USD 1,645.98 million in 2024. The market is projected to grow from USD 1,788.73 million in 2025 to USD 3,344.62 million by 2032, exhibiting a CAGR of 9.35% during the forecast period. Europe dominated the cocoa butter alternatives market with a market share of 37.4% in 2024.

List of Key Cocoa Butter Alternative Companies Profiled:

• Cargill, Incorporated (U.S.)
• Barry Callebaut AG  (Switzerland)
• Fuji Oil Company, Ltd. (Japan)
• Olam International (Singapore)
• Bunge Ltd. (U.S.)
• AAK AB (Sweden)
• Wilmar International Ltd. (Singapore)
• Musim Mas Group (Singapore)
• Ariyan International Inc. (Canada)
• Manorama Industries Limited (India)

Key types of cocoa butter alternatives include:

• Cocoa Butter Equivalents (CBEs): Chemically and physically similar to cocoa butter; used up to 5% in chocolate without altering labeling.
• Cocoa Butter Substitutes (CBSs): More cost-effective; have different melting profiles and typically used in compound chocolates.
• Cocoa Butter Replacers (CBRs): Excellent for coatings; often used in bakery and confectionery where heat stability is vital.

Market Drivers

Volatility in Cocoa Prices
The unpredictable fluctuations in cocoa prices due to weather, political instability, and supply chain constraints in cocoa-producing countries such as Ivory Coast and Ghana have pushed manufacturers to seek stable and cost-effective alternatives.

Growing Vegan and Plant-Based Trends
CBAs, especially those derived from shea butter, mango kernel fat, sal fat, and palm kernel oil, cater to vegan consumers and natural product enthusiasts. These plant-based sources align with clean-label and cruelty-free demands in food and cosmetics industries.

Expanding Confectionery Sector
The increasing consumption of chocolates and confectionery in emerging economies like India, China, and Brazil has escalated demand for cocoa butter alternatives to optimize production costs and improve shelf life.

Sustainability and Ethical Sourcing
As consumers and manufacturers move toward sustainable sourcing, CBAs made from non-tropical sources and upcycled raw materials (e.g., waste kernels) are gaining traction for their reduced environmental footprint.

Source: https://www.fortunebusinessinsights.com/cocoa-butter-alternatives-market-113153

Key Industry Applications

• Chocolate & Confectionery: Used in compound chocolate, fillings, coatings, and molded items to reduce costs and enhance texture.
• Bakery & Dairy: Improve spreadability, stability, and mouthfeel in baked goods and dairy-free alternatives.
• Personal Care & Cosmetics: Found in lotions, lip balms, creams, and soaps due to their emollient properties and skin-friendly formulation.

Regional Insights

Asia Pacific leads the cocoa butter alternatives market in terms of growth rate, driven by rising disposable incomes, increasing chocolate consumption, and rapid industrial expansion across key countries such as China, India, and those in Southeast Asia. Meanwhile, Europe is at the forefront of demand for sustainable and clean-label CBAs, particularly in the premium cosmetics and organic confectionery segments, where eco-conscious consumers prioritize ethical sourcing and natural ingredients. In North America, the market is bolstered by a strong presence of natural cosmetics brands and continuous innovation in plant-based food products, further propelling the adoption of cocoa butter alternatives across diverse applications.

Challenges

Despite its benefits, the market for cocoa butter alternatives faces several challenges:

The cocoa butter alternatives market faces several challenges that could impact its growth trajectory. In regions like the European Union, strict regulatory constraints limit the use of cocoa butter equivalents (CBEs) in chocolate products to preserve authenticity and quality standards. Additionally, replicating the unique flavor and smooth mouthfeel of cocoa butter remains a significant technical hurdle, making it difficult for some alternatives to fully satisfy consumer expectations. Moreover, consumer perception presents another barrier, as some buyers view CBAs as inferior or overly processed, highlighting the need for clear communication and education around the benefits and quality of these alternatives.

Innovation & Sustainability Trends

The CBA market is witnessing innovation in both formulation and sourcing:

• Biotechnology and Fermentation: Companies are exploring lab-grown cocoa butter using precision fermentation to reduce reliance on agriculture.
• Upcycled Fats: Ingredients sourced from otherwise wasted seeds (e.g., mango, kokum, illipe) are used to produce sustainable alternatives.
• Palm-Free Solutions: With sustainability concerns around palm oil, brands are formulating CBAs from palm-free sources to meet eco-conscious consumer demands.

Key Industry Developments

March 2025 – Fuji Oil Holdings, a major Japanese manufacturer of industrial chocolate and plant-based food solutions, launched cacao-free alternative chocolate in response to the rising cost of cocoa. This innovative product leverages Fuji Oil's expertise in vegetable oils and fats to create a sustainable and cost-effective chocolate substitute.

October 2024 – “Döhler” announced a strategic partnership with “Nukoko,” the company behind the world’s first cocoa-free ‘bean-to-bar’ chocolate. This partnership is expected to enable both companies to scale Nukoko’s fermentation process to an industrial level by the end of 2025. Its cocoa-free chocolate is made possible through its patent-pending fermentation technology, which mimics traditional cocoa fermentation to create chocolate’s characteristic flavors from fava beans.

Market Overview

The Asia Pacific snacks market size was valued at USD 273.79 billion in 2024. The market is projected to grow from USD 293.68 billion in 2025 to USD 569.20 billion by 2034, exhibiting a CAGR of 7.63% during the forecast period. Rising demand for convenience food products particularly in countries such as China and India, is significantly influencing various sectors, including the snacks market.

List of Key Asia Pacific Snacks Companies Profiled

• Ajinomoto Co., Inc. (Japan)
• General Mills, Inc. (U.S.)
• Kellanova (The Kellogg Company) (U.S.)
• LOTTE Co., Ltd. (South Korea)
• Mars, Incorporated (U.S.)
• Mondelez International (U.S.)
• PepsiCo Inc. (U.S.)
• The Kraft Heinz Company (U.S.)
• Unilever PLC (U.K.)
• Nestle S.A. (Switzerland)

Key Market Trends

1. Rising Demand for Ready-to-Eat and Convenient Snacks

The surge in modern retail outlets, food delivery platforms like Zomato’s Blinkit Bistro , and increasing working population have amplified demand for ready-to-eat snack options. Quick delivery services and online grocery platforms are reshaping how consumers access snack foods across India, China, and Southeast Asia.

2. Growing Health Consciousness and Clean-Label Products

There is an increasing shift toward organic, low-fat, gluten-free , and functional snacks , driven by urban consumers. Brands like Kocoatrait (India) and Pringles (by Kellanova) are adopting sustainable packaging and clean-label ingredients to cater to this demand.

3. Digital Penetration and E-commerce Expansion

High internet usage and smartphone adoption have accelerated snack sales through e-commerce platforms , enabling brands to offer personalized experiences, regional flavors, and quicker delivery.

Source: https://www.fortunebusinessinsights.com/asia-pacific-snacks-market-112911

Market Restraints

Health Concerns from Excessive Processed Snack Consumption

Many snack foods contain excess sugar, salt, and preservatives , contributing to rising cases of obesity, diabetes, and cardiovascular diseases . Increasing consumer awareness and regulatory scrutiny may challenge market growth for certain product segments.

Opportunities

1. E-commerce Penetration into Rural and Tier-II/Tier-III Cities

With better logistics and payment infrastructure, snack manufacturers can reach new customer segments across Asia Pacific.

2. Product Innovation and Localization

Snacks tailored to local flavor preferences, functional health claims , and fusion ingredients (e.g., Indian spice-flavored chips or Korean seaweed snacks) are gaining traction, offering innovation opportunities.

Segment Insights

By Type

• Savory Snacks dominated the market in 2024, led by rising demand for healthier, baked, and natural ingredient-based snacks.
• Confectionery is expected to grow significantly, supported by young consumers and product launches such as fruit drops, gummies, and toffees with unique flavor profiles.

By Distribution Channel

• Supermarkets/Hypermarkets held the largest share in 2024, owing to extensive product visibility and brand variety.
• Convenience Stores are rising due to impulse purchases and neighborhood access.
• Online Retail is the fastest-growing channel, driven by digital shopping trends and product variety.

Regional Insights

China

China leads the Asia Pacific snacks market due to a large consumer base, growing disposable incomes, and strong e-commerce platforms like JD.com and Alibaba . Traditional snacks (e.g., dried fruits, nuts) remain popular, alongside increased consumption of Western-style snacks and health-based products.

India

India is witnessing a surge in microbreweries , regional snacks, and premium brands. Increasing digitization and urbanization support demand for new-age snack options.

Other Countries

Markets in Vietnam, Indonesia, Bangladesh, Australia, and New Zealand are growing due to rising middle-class population, tourism, and urban working culture.

Sustainability & Innovation

Brands are adopting:

• Eco-friendly packaging (e.g., Pringles’ paper-based tubes)
• Organic ingredients (e.g., sustainable chocolate by Kocoatrait)
• Low-waste production systems
  These efforts aim to reduce environmental impact while improving brand perception among eco-conscious consumers.

Key Industry Developments

• September 2024 – Ferrero Group expanded its Nutella product line in China, launching a full range of offerings aimed at meeting local consumer preferences. The company introduced three new  biscuit  products that combine Nutella's spread with biscuit formats.

Market Overview:

The U.S. biofertilizers market size was USD 523.46 million in 2024. The market is projected to grow from USD 584.41 million in 2025 to USD 1,288.30 million by 2032, exhibiting a CAGR of 11.95% during the 2025-2032 period.

 Key drivers include the rising demand for organic food, stringent regulations on chemical fertilizers, and advancements in microbial technologies. Major products include nitrogen-fixing, phosphate-solubilizing, and potassium-mobilizing biofertilizers, catering primarily to cereals, pulses, fruits, and vegetables. Leading companies are Novozymes, BASF, and Rizobacter, focusing on innovation and strategic partnerships to strengthen their market presence.

Segmentation:

The U.S. biofertilizers market is segmented by type, crop type, and application. By type, it includes nitrogen-fixing, phosphate-solubilizing, potassium-mobilizing, and others. Crop type segmentation covers cereals & grains, pulses & oilseeds, fruits & vegetables, and others. Application-wise, the market is divided into soil treatment, seed treatment, and others. Nitrogen-fixing biofertilizers dominate due to their efficiency in enhancing soil fertility. Fruits and vegetables are the leading crop segments, driven by the rising demand for organic produce. Seed treatment applications are gaining traction for their effectiveness in improving germination rates and crop yield.

LIST OF KEY COMPANIES PROFILED:

• Lallemand Inc. (Canada)
• Kiwa Bio-Tech Products Group Corporation (U.S.)
• BioWorks, Inc.(U.S.) 
• Novozymes A/S (Denmark)
• Rizobacter S.A. (Argentina)
• SYMBORG CORPORATE, SL. (Spain)
• Suståne Natural Fertilizer, Inc. (U.S.)
• The Espoma Company (U.S.)
• AgroLiquid (U.S.)
• Chr. Hansen Holding A/S (Denmark)

Source: https://www.fortunebusinessinsights.com/u-s-biofertilizers-market-107602

Market Growth

The U.S. biofertilizers market is experiencing robust growth driven by increasing demand for sustainable agricultural practices and organic food. The market is projected to expand at a compound annual growth rate (CAGR) of around 11.95% from 2025 to 2032. Key factors fueling this growth include rising awareness of the environmental impact of chemical fertilizers, government support for eco-friendly farming, and advancements in microbial technologies. The adoption of biofertilizers is particularly strong in high-value crop segments like fruits and vegetables, and in regions with a strong emphasis on organic farming, such as California. Innovations and strategic partnerships among key players further propel market expansion.

U.S. Biofertilizers Market Future Growth* Rising Demand for Sustainable Agriculture: There is a growing trend toward sustainable farming practices. Farmers are increasingly seeking eco-friendly solutions. Biofertilizers support soil health and reduce chemical use.

• Government Support and Regulations: The U.S. government is promoting the use of biofertilizers. Incentives and subsidies are available for farmers adopting these products. This creates a favorable environment for market growth.
• Increased Awareness Among Farmers: More farmers are becoming aware of the benefits of biofertilizers. Education and outreach programs are helping to spread knowledge. This awareness is driving demand in the market.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Competitive Analysis:

The U.S. biofertilizers market is highly competitive, with key players focusing on innovation, strategic partnerships, and mergers to enhance their market position. Major companies such as Novozymes, BASF, Rizobacter, and Symborg dominate the market. Novozymes leads in microbial-based solutions, while BASF leverages its extensive agrochemical portfolio. Rizobacter specializes in seed inoculants, and Symborg focuses on advanced microbial technologies. These companies invest heavily in research and development to introduce effective and sustainable products. Competition is also driven by the need to comply with stringent environmental regulations and the rising demand for organic and eco-friendly agricultural inputs.

U.S. Biofertilizers Market Challenge

• Regulatory Hurdles: Navigating the complex regulations can be a significant challenge for biofertilizer companies. They must comply with both federal and state guidelines, which can be time-consuming.

• Limited Awareness: Many farmers are unaware of the benefits of biofertilizers. This lack of knowledge can hinder adoption rates, despite their advantages over chemical fertilizers.

• Higher Initial Costs: Biofertilizers can have a higher upfront cost compared to traditional fertilizers. This can deter farmers, especially those with tight budgets.

Key Industry Development:

• January 2022:  U.S.-based start-up Kula Bio raised USD 50 million in series A to enhance its production capability and invest on advancing its technology to develop new products.  

Market Overview:

The global probiotics in animal feed market is likely to benefit from the increasing awareness regarding animal health welfare. According to a report published by Fortune Business Insights, titled “ Probiotics in Animal Feed: Global Market Analysis, Insights and Forecast, 2019-2032 The global probiotics in animal feed market size was valued at USD 3.56 billion in 2018 and projected to reach USD 9.46 billion by the end of 2032, exhibiting a CAGR of 7.24% in the forecast period.

The benefits of probiotics in animal nutrition has created a high demand for these products across the world. The growing emphasis on animal health and welfare and increasing trend of commercial livestock farming has led to availability of new products in the market place. The growing focus on research and development in probiotics to substitute antibiotic growth promoter feed additives has led to increasing popularity of probiotics in animal feed. The use of probiotics in poultry farming and breeding is expected to enhance the productivity and performance of feed products. The report states that rising uptake of probiotics over various domains will aid the growth of the global probiotics in animal feed market in the forthcoming years.

Key companies covered in the report:

• Hansen A/S
• Danisco A/S
• Koninklijke DSM N.V.
• Lallemand Inc.
• Calpis Co
• Provita Eurotech Ltd
• Orffa International Holding B.V.
• BIOMIN Holding GmbH
• Novus International Inc.
• Evonik Industries

Increasing Applications in Poultry Farming to Enable Growth:

The rising uptake of probiotics in poultry farming has resulted primarily from the increasing demand for the enhanced nutritional health of inbred animals. Rising adoption of a healthy lifestyle has created the demand for clean-label meat and other poultry products. Fortune Business Insights has predicted that probiotics will find increasing applications in poultry farming in the coming years. In 2019, Biomin launched the Poultrystar Hatchery Geldrop aimed at nutritional enrichment of day old chicks. The water solubility of the product helped overcome the food delivery barrier and this property added to the demand for this product across the world. Fortune Business Insights tracks product launches, similar to Biomin’s latest Geldrop and gauges the impact of such products on the global market.

Source: https://www.fortunebusinessinsights.com/industry-reports/probiotics-in-animal-feed-market-101018

Probiotics in Animal Feed Market Trends:

The probiotics in animal feed market is being shaped by several key trends. Growing awareness of animal health is leading livestock producers to prioritize gut health and immunity, recognizing the benefits of probiotics in enhancing overall animal well-being. With increasing concerns about antibiotic resistance, there's a shift toward natural alternatives like probiotics, which promote animal health without antibiotics.

Focus on gut health is intensifying, as probiotics help balance gut microbiota, improve nutrient absorption, and reduce digestive disorders. Regulatory bodies are also supporting the use of probiotics, with new guidelines that drive compliance and growth in the market.

Advancements in research are leading to innovations in probiotic strains and formulations, improving product stability and effectiveness. Additionally, the use of probiotics is expanding beyond traditional livestock to include aquaculture and other niche markets, further boosting market growth.

‘Moderately Consolidated’ Market – Strong Prominence of Key Global Giants:

The global probiotics in animal feed market is consolidated in nature, as few companies account for a large market share. High-cost factor associated with R&D for development of probiotic strains for commercial use limits the entry of market players in the industry. In recent years, existing companies have been putting in more efforts in research and development of existing products, and in doing so they aim to strengthen their market presence. Among the several strategies adopted by leading companies, Fortune Business Insights has identified one key strategy that has made a positive impact on the global market. In order to further strengthen the consolidation of industry, companies are looking to shift their focus on emerging markets and to gain a competitive edge over their regional and private-label counterparts. The report focuses on company activities and business strategies similar to the aforementioned factors and gauges their impact on the global market.

Fortune Business Insights has profiled some of the leading companies in the market that have made a significant impact on the global market. Some of the leading companies that are operating in the global probiotics in animal feed market are Chr. Hansen A/S, Danisco A/S, Koninklijke DSM N.V., Lallemand Inc., Calpis Co, Provita Eurotech Ltd, Orffa International Holding B.V., BIOMIN Holding GmbH, Novus International Inc., and Evonik Industries.

Key Industry Development:

• In March 2019, BIOMIN launched POULTRYSTAR hatchery gel drop synbiotic for day-old chicks – it is known to deliver the synergistic action of carefully selected probiotic bacterial strains with a prebiotic that selectively stimulates beneficial bacteria that are essential for good poultry gut health.