Market Overview

The global canned seafood market was valued at USD 30.46 billion in 2024. It is expected to increase to USD 31.78 billion in 2025 and reach USD 45.11 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.13% over the forecast period.

The market is expected to expand in the coming years as more people choose products with clear labels, especially those that are eco-friendly. Big companies are stepping up by creating these products and introducing sustainable canned seafood, which will boost this growth.

Fortune Business Insights presents this information in their report titled "Canned Seafood Market, 2025–2032."

List of Key Players Profiled in the Market Report

• Nippon Suisan Kaisha, Ltd (Japan)
• LDH (La Doria) Ltd (U.K.)
• American Tuna, Inc. (U.S.)
• Universal Canning, Inc. (Philippines)
• Connors Bros. Ltd. (Brunswick Seafoods) (Canada)
• Nueva Pescanova (Spain)
• Marine Harvest ASA (Norway)
• Thai Union Frozen Products (Thailand)
• Royal Greenland (Greenland)
• StarKist Co. (U.S.)

Segments

Increasing Tuna Fish Consumption due to Its Higher Availability to Fuel Segment Growth

The market is divided by species into tuna, salmon, sardines, mackerel, and others. Tuna holds the largest share of the canned seafood market. This is because tuna consumption is rising, thanks to its high availability in over 70 countries.

Increased Accessibility of Various Products to Foster Retail Segment Growth

The market is divided into two main groups: places where people eat and drink (like hotels, restaurants, and cafes) and stores. Stores include big supermarkets, specialty shops, small convenience stores, and online shops. Big supermarkets and hypermarkets are the biggest because they have a lot of different products. But, online shops are growing the quickest because of new technology.

The market is also spread out across different areas of the world: North America, South America, Europe, the Middle East & Africa, and Asia Pacific.

Source: https://www.fortunebusinessinsights.com/canned-seafood-market-103806

Report Coverage

The market research report gives a detailed look at the market, focusing on competition and top product types. It offers helpful information on market trends and important changes in the industry. The report also looks at different things that have helped the market grow recently.

Drivers and Restraints

Surging Investments in Aquaculture Production Advancements to Accelerate Market Growth

More people are learning about healthy eating, which means they want to buy more seafood. This is making big seafood companies work harder to produce more. But, problems like climate change and rules from the government about fishing to stop overfishing are making it difficult for these companies to catch more fish. To solve this, big companies are putting money into new ways of farming seafood, which is expected to help the market grow even more. The seafood farming industry is also growing quickly, which is helping the market grow. However, the lack of fish due to overfishing is slowing down the growth of the market.

Regional Insights

Increase in per Capita Consumption to Propel Market Growth in Europe

The Europe market was worth $17.85 billion in 2024, growing due to higher seafood consumption in countries like China and India, seen as a main food. Europe's market is also expanding, mainly because of a rise in seafood eating and a growing interest in cooking.

Competitive Landscape

Key Market Players Emphasizing Product Innovations to Maintain Their Competitive Edge

Leading companies are working on being more eco-friendly and teaming up to make more products and satisfy customer needs. For instance, in May 2019, Nippon Suisan Kaisha Ltd. shared a plan to improve production and boost their output.

Key Industry Development

January 2024 –  Norway-based canned seafood manufacturer, King Oscar launched a new product line of Atlantic salmon in extra virgin oil. The skinless and boneless fish products are available in three varieties in the U.S. market.

Market Overview:

The global omega-3 fatty acids market size is expected to reach USD 2.24 billion by 2028, exhibiting a CAGR of 4.80% during the forecast period. The increasing awareness about the health benefits of polyunsaturated fatty acids (PUFA) can have tremendous impact on the omega-3 fatty acids market growth during the forecast period, states Fortune Business Insights in a report titled “ Omega-3 Fatty Acids Market, 2021 – 2028.”  The market size stood at USD 1.54 billion in 2020 and USD 1.62 billion in 2021.

List of Key Companies in the Market:

• Royal DSM N.V. (Netherlands)
• Evonik (Germany)
• BASF SE (Germany)
• Lonza (Switzerland)
• Epax (Norway)
• Croda International, Plc (U.K.)
• Cargill, Inc. (U.S.)
• Golden Omega (Chile)
• Corbion (Netherlands)
• Polaris (U.S.)

Segmentation:

Based on source, the market is classified into concentrates, fish oil, algae oil, krill oil, and other plant sources. Based on application, the market is divided into dietary supplements, functional/fortified foods, infant formulae, pharmaceuticals, and animal feed & pet food. The growing popularity of dietary supplements will boost the segment growth. Geographically, the market is divided into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report presents In-depth information about the challenges, opportunities, and market trends. It has elaborate details regarding the growth drivers and obstacles that the market may come across during the forthcoming years. It offers a list of the crucial factors impacting the market in every region. It has an extensive analysis of the latest trends of the market.

Source: https://www.fortunebusinessinsights.com/industry-reports/omega-3-fatty-acids-market-100248

Drivers & Restraints :

Heavy Investments in R&D to Boost Omega-3 Fatty Acids Market

Continuous technical advancements that improve the delivery and absorption of fatty acids in the body are fueling the market's expansion. Attributed to its bioavailability and variable absorption rate, the manufacture of lipid-based supplements remains a difficult task. Several studies have suggested that many factors might affect the body's ability to absorb omega fatty acids. The market's major companies are pouring money into research & development to create technologies that will boost omega-3 bioavailability in the body. Pharmako Biotechnologies, for example, released a novel AquaCelle self-emulsifying medication delivery system in October 2019.

Furthermore, processing techniques that allow omega-3 to be extracted from new sources will increase demand for the product. Furthermore, attempts to enhance the organoleptic qualities of fatty acids isolated from marine sources are projected to support market expansion in the future years.

However, processing related challenges and organoleptic properties may hinder market growth.

Regional Insights :

Growing Cognizance regarding Fatty Acids' Benefits to Propel Market in North America

In 2020, the market size in North America was USD 0.62 billion. The region is expected to account for the highest omega-3 fatty acids market share in the forthcoming years. The market's strong growth in North America might be due to growing knowledge of polyunsaturated fatty acids' beneficial health benefits. Dietary supplements and functional foods will be in high demand in this area due to the rising prevalence of lifestyle-related health issues, the aging population, hectic lifestyles, and stress factors. Veganism and vegetarianism are becoming more popular in the region, resulting in a surge in demand for omega fatty acids derived from plants. Increased demand for omega fatty acid-containing functional foods and dietary supplements has stemmed from a rising knowledge of the health advantages of polyunsaturated fatty acids among European and South American clients.

Competitive Landscape :

Adoption of Partnership Strategies by Companies to Intensify Market

Attributed to the existence of companies, such as Evonik, BASF SE, Royal DSM N.V., Lonza & Epax, the market structure is relatively consolidated. These large businesses are attempting to consolidate even further by purchasing smaller participants in the market. Partnerships, partnerships, and research and development investments are just a few of the primary measures used by these firms to further expand their market position.

Key Development :

June 2021:  OmegaQuant announced the enlargement of its portfolio with the launch of the new Omega-3 Index Test for pets. With this sample collection kit, pet owners can use their veterinarian to measure their pet’s omega-3 status.

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 gelatin market size was valued at USD 3.07 billion in 2023 and is projected to grow from USD 3.20 billion in 2024 to USD 5.51 billion by 2032, exhibiting a CAGR of 7.03% during the forecast period. Europe dominated the gelatin market with a market share of 41.04% in 2023. Moreover, the gelatin market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 602.32 million by 2032, driven by growing demand for natural and clean-label ingredients in various industries such as food & beverages, cosmetics, and others.

The gelatin market is growing fast, mainly because more people are interested in functional foods and drinks, and because gelatin is used more in medicines and cosmetics. People also want products with clear labels, and gelatin is used in things like pasta, yogurt, and cosmetics. Gelatin is a popular ingredient in food because it helps keep food stable, gives it a good texture, and helps it foam.

During the pandemic, more people were cooking and baking at home, which made the demand for gelatin go up. To meet this demand, companies are creating new products. For example, PB Leiner introduced Textura Tempo Ready in August 2020. This new gelatin is clean, doesn't have any extra ingredients, is made from gelatin only, and it's easier to use than regular gelatin.

This information comes from Fortune Business Insights in their report, “Gelatin Market, 2024-2032.”

List of Key Players Covered in the Reports

• Gelita AG (Germany)
• Darling Ingredients Inc. (U.S.)
• Nitta Gelatin, Inc. (Japan)
• Tessenderlo Group (Belgium)
• Weishardt (France)
• Trobas Gelatine B.V. (Netherlands)
• Lapi Gelatine S.p.a. (Italy)
• Juncà Gelatines SL (Spain)
• Italgel S.r.l (Italy)
• Sterling Biotech Ltd. (India)
• Gelnex (Brazil)

Segments

Porcine Gelatin to Hold Largest Share Owing to its Higher Nutrient Content

Based on source, the market is segmented by porcine, bovine, and others.

Porcine segment witnessed strong sales performance over other sources since they are less expensive. Besides, the issue of possible fraud and mislabeling has become a concern among consumers.

Growing Use of the Product in Food & Beverages Propels Gelatin Market Growth

Gelatin is a versatile ingredient in many sectors like food, healthcare, cosmetics, and more. It's most commonly found in snacks, candies, and desserts due to its use in the food industry. The market is spread across five major regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Source: https://www.fortunebusinessinsights.com/gelatin-market-107012

Report Coverage

The report provides a detailed analysis of the market, dividing it into various segments and offering a comprehensive overview. It explores current trends and prospects, as well as regional changes and their influence on market expansion. It also discusses COVID-19's impact on potential risks for investors and business owners. Furthermore, the report evaluates major companies and their strategies for maintaining competitiveness.

Driving Factors

Expanding Use of Gelatin in Healthcare and Pharmaceutical Industries Will Fuel Market Expansion

Gelatin is becoming more important in medicine because more people have long-term health issues, there are more older people, and more individuals care about their health. The market is growing because of better attention to health and higher medical expenses. Gelatin is also liked for its advantages, like supporting weight loss and treating diseases like weak bones, rheumatoid arthritis, and osteoarthritis.

Regional Insights

Europe to Dominate Backed by Increasing Prevalence of Bone-Related Diseases

The largest revenue for gelatin market share, which was valued at USD 1.08 billion in 2021, was contributed by Europe. The expansion of the European market is anticipated to be fueled by the rising prevalence of bone-related illnesses.

Due to the movement in consumer desire from traditional items to more health-oriented products, the food and beverage industry dominates the North American market.

Asia Pacific is anticipated to have the market's fastest growth rate. The region's market is expanding as a result of increased chronic disease occurrences and an aging population.

Competitive Landscape

Partnerships among Companies to Secure their Brand Values in the Global Market

Top companies are smartly working to advertise their products and boost their market standing. A successful approach is teaming up with other businesses to introduce new items and grow their customer base.

The gelatin market is highly competitive, fueled by growing demand across the food, pharmaceutical, and cosmetics industries. Major players such as Gelita AG, Rousselot, Tessenderlo Group, and Nitta Gelatin maintain their market leadership through product innovation, strategic partnerships, and expanded production capacities. The rising consumer preference for natural and clean-label ingredients has further intensified competition, encouraging companies to prioritize sustainable sourcing and premium-quality products.

In the Asia-Pacific region, regional manufacturers like India Gelatine & Chemicals Ltd. are gaining momentum, benefiting from cost efficiencies and increasing local demand. However, the market also faces mounting competition from plant-based alternatives such as agar-agar and pectin, particularly appealing to vegan and vegetarian consumers.

To stay competitive, companies are ramping up investments in research and development for specialized uses, including nutraceuticals and functional foods, while ensuring compliance with stringent regulatory standards. Mergers, acquisitions, and global expansion continue to be key strategies for leading companies aiming to enhance their international footprint.

Key Industry Development

December 2023:  Darling Ingredients Inc., a leading gelatin manufacturer, obtained a patent for its specialized gelatin StabiCaps. This formulation helps improve the stability of soft gel capsules and can be used to produce a wide range of pharmaceuticals.

January 2022:  According to a report from Darling Ingredients Inc., the Terasaki Institute for Biomedical Innovation (TIBI), a regenerative medicine research Centre with Californian base, has teamed with the company's global brand, Rousselot Health. With this agreement, the businesses are concentrating on developing gelatin-based medicines that will eventually find use in clinical settings.

Market Size:

The global beef market size was valued at USD 459.87 billion in 2024. The market is projected to grow from USD 484.75 billion in 2025 to USD 656.44 billion by 2032, exhibiting a CAGR of 4.43% during the forecast period. North America dominated the beef market with a market share of 39.08% in 2024.

Fortune Business Insights™ reports that the growing consumer preference for animal-based protein products is expected to drive market growth from 2025 to 2032.

List of Key Market Players:

• JBS SA (Brazil)
• National Beef Packing Company, LLC (U.S.)
• American Foods Group, LLC. (U.S.)
• Agri Beef Co. (U.S.)
• Perdue Farms Inc. (U.S.)
• Tyson Foods, Inc. (U.S.)
• Strauss Brands LLC (U.S.)      
• Cargill, Incorporated(U.S.)
• Central Valley Meat (U.S.)
• Danish Crown A/S (Denmark)

Segmentation-

The beef market is segmented based on cut type, including ground beef, roasts, steaks, and other variations. It is further categorized by distribution channels, such as retail outlets, HoReCa (hotels, restaurants, and cafés), and butcher shops. Regionally, the market is divided into major areas: Asia Pacific, North America, Europe, and the Middle East & Africa.

Report Coverage-

The report offers a detailed look at the beef market, focusing on major companies, different beef cuts, and distribution channels. It also provides market insights and highlights important industry developments. Additionally, the report covers other factors that have contributed to the market's growth in recent years.

Source: https://www.fortunebusinessinsights.com/beef-market-106640

Drivers & Restraints-

Increasing Beef Consumption and Sales to Augment Market Growth Worldwide

The global meat distribution network is rapidly expanding, and this trend is expected to drive growth in the beef market over the coming years. Increasing consumer preference for dining out at cafes, hotels, and restaurants is boosting meat demand within the foodservice sector. Additionally, the rise of online platforms offering a broad selection of products and attractive discounts is set to further accelerate the sales of fresh and chilled meat.

On the other hand, growing environmental concerns—particularly regarding the greenhouse gas emissions linked to animal farming—are encouraging efforts to reduce meat consumption. As a result, a potential decline in livestock farming may present challenges to the long-term growth of the beef market.

Beef Market Future Outlook

• Rising Demand : Global demand for beef is projected to grow, driven by population growth and shifting dietary preferences, particularly in developing nations.
• Sustainability Concerns : With increasing awareness of environmental issues, consumers are likely to push for more sustainable farming practices within the beef industry.
• Technological Advancements : Innovations in farming technology are expected to enhance production efficiency, helping meet rising demand while lowering costs and reducing environmental impact.
• Health Trends : The growing focus on leaner meat options may influence beef production strategies, leading to a shift in product offerings to align with health-conscious consumer preferences.

Competitive Landscape-

Key Players Adopt New Growth Strategies to Stay Ahead of the Competition

The global beef market is dominated by a few major corporations, with companies like Cargill Inc., JBS SA, Tyson Foods Inc., LLC, National Beef Packing Company, and Danish Crown A/S leading the competition to boost revenue. To drive market growth, these companies are adopting strategies focused on product innovation and expanding their manufacturing operations geographically.

In addition, they are working to integrate their supply chains to gain greater control over production processes. Blockchain technology is being utilized to monitor cattle health and ensure product safety. Manufacturers are also focusing on developing innovative solutions to cater to diverse consumer tastes and preferences across different regions, in response to the growing demand for unique meat products.

Beef Market Trends

• Rising Demand : Global demand for beef is on the rise, with consumers increasingly seeking higher-quality meat, which in turn drives prices upward.
• Health-Conscious Choices : A growing number of consumers are opting for leaner cuts of beef, influencing the types of products that are marketed and sold.
• Sustainable Practices : In response to consumer demand for eco-friendly options, many producers are adopting sustainable farming methods.
• Price Fluctuations : The beef market is subject to regular price fluctuations, driven by factors such as weather conditions, feed costs, and disease outbreaks.

Notable Industry Development-

April 2023 -  Aleph Farms, one of the leading cultivated meat producers, announced plans to launch its brand Aleph Cuts with beef products, such as Petit Steak. The company was planning to launch these products in Israel and Singapore.

Market Size:

The global non-alcoholic beverages market was valued at USD 919.13 billion in 2019 and is expected to reach USD 1,601.87 billion by 2032, registering a CAGR of 6.84% over the forecast period. The U.S. non-alcoholic beverages market is anticipated to see substantial growth, with its value projected to reach approximately USD 225.62 billion by 2030. In 2019, North America led the global market, accounting for a 21.71% share.

The global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. As per a recent published report by Fortune Business Insights titled,  “Non-alcoholic Beverages Market Size, Share & Industry Analysis, By Type (Carbonated Soft Drinks, RTD Coffee & Tea, Bottled Water, and Fruit Beverages), Distribution Channel (Supermarket/ Hypermarket, Food Services Sector, Convenience Stores, Specialty Stores, and Online Retails), and Regional Forecast, 2020-2032,” 

List of Companies Profiled in the Report:  

• Pepper Snapple Group, Inc. (Texas, U.S.)
• Monster Beverage Corp (California, U.S.)
• PepsiCo, Inc. (New York, U.S.)
• ITO EN Ltd (Tokyo, Japan)
• The Coca-Cola Company (Georgia, U.S.)
• Reed’s, Inc. (Norwalk, U.S.)
• The Kraft Heinz Company (Chicago, U.S.)
• Appalachian Brewing Co. (Harrisburg, U.S.)
• Nestle S.A. (Vevey, Switzerland)
• Arca Continental SAB de CV (Monterrey, Mexico)    

The Report is based on the following factors:

• A 360-degree overview of the market focusing on drivers, restraints, challenges, and upcoming opportunities
• Nature of market and list of key players operating in the market for non-alcoholic beverages
• Detailed list of segmentation with names and figures of leading segments
• Future of the market

Source: https://www.fortunebusinessinsights.com/industry-reports/non-alcoholic-beverages-market-101927

Drivers & Restraints-

Increasing Popularity of Refreshment Drinks to Aid in Favor

The increasing incidence of both acute and chronic health conditions has prompted consumers to embrace healthier lifestyles, which include regular physical activity and the intake of nutritious food and beverages. This growing health consciousness is a key driver behind the expansion of the global non-alcoholic beverages market. Furthermore, the rising demand for refreshing drinks and the continuous launch of innovative flavors are expected to propel market growth in the coming years.

Nevertheless, the industry may encounter challenges such as fluctuating prices of raw materials—especially seasonal fruits—and possible disruptions in supply chains. Despite these hurdles, the growing prominence of e-commerce platforms and the rising production of soft drinks to satisfy consumer demand are set to present significant growth opportunities for the market moving forward.

Segmentation-

Carbonated Soft Drinks Segment Emerged Dominant Owing to its Refreshing Properties

Among all segments in type, the carbonated soft drinks segment earned 39.80% share in 2019 and emerged dominant. This segment is holding the largest non-alcoholic beverages market share on account of its refreshing properties and cost-efficiency.

Regional Analysis-

Asia Pacific Held Largest Shares Attributing to Rising Disposable Income of People

Among all regions, Asia Pacific held the largest non-alcoholic beverages market share in 2019. This is attributable to the increasing modernization and adoption of western habits among people that resulted in rise in expenditure on beverage products. On the other side, the North American market earned USD 199.53 billion and will showcase significant growth in the coming years on account of rising demand for sports drinks and RTD beverages in the region. Besides this, the Europe market will witness a notable growth on account of the decline in consumption of alcoholic beverages and increasing popularity of ‘better-for-you” products, thereby promoting the consumption of healthy soft drinks.

Non-Alcoholic Beverages Market Future Outlook* Growing Health Consciousness: More consumers are focusing on health and wellness. This trend is driving demand for low-calorie and sugar-free options.

• Diverse Product Range: The market is expanding with innovative flavors and formulations. Brands are introducing everything from sparkling waters to herbal teas to meet diverse tastes.

• Sustainability Focus: Eco-friendly packaging is becoming a priority. Many brands are adopting sustainable practices to appeal to environmentally conscious consumers.

Competitive Landscape-

Coca-Cola Company is Dominating Market Attributing to Continuous Innovations

The global non-alcoholic beverages market is dominated by a few major players, including Nestlé S.A., The Coca-Cola Company, and PepsiCo Inc., who collectively hold a significant market share. Among them, The Coca-Cola Company stands out for its continuous innovation in product offerings, such as its VitaminWater range, probiotic drinks, fermented beverages, and ready-to-drink (RTD) solutions. For example, in March 2019, Coca-Cola introduced a Jaljeera-flavored beverage in India, catering to local taste preferences.

Other leading companies are also actively focusing on new and innovative product launches to strengthen their market position. In addition to innovation, many businesses are adopting collaborative strategies—such as partnerships, joint ventures, agreements, and contracts—to expand their market presence and achieve strong revenue growth in the years ahead.

Industry Developments:

December 2019 –  The launch of a greenhouse accelerator program in 2020 was announced in North America by PepsiCo Co. to help smart startup companies provide the base for following up with the current trends in the non-alcoholic beverage segment and earn a position in the market competition.

Market Overview

The global prepared meals market size was valued at USD 178.83 billion in 2024. The market is projected to grow from USD 190.71 billion in 2025 to USD 291.27 billion by 2032, exhibiting a CAGR of 6.24% during the forecast period.

List of Key Players Covered in the Report

• General Mills (U.S.)
• NestleA.(Switzerland)
• Tyson Foods (U.S.)
• ConAgra Brands (U.S.)
• Dr Oetker (Germany)
• Green Mill Foods (U.S.)
• Unilever (U.K.)
• M. Smucker Co. (U.S.)
• McCain Foods (Canada)
• Kellogg Company (U.S.)

Segments

Rising Consumer Preference for Frozen and Chilled Meals to Trigger the Demand Growth

Based on product, the global market is segmented into frozen meals, chilled meals, and canned meals. Frozen meals segment accounted for the largest share in the market and is among the most popular product categories globally.

Supermarkets & Hypermarkets to hold Substantial Market Share, Owing to the Availability of Multiple Brands

Based on distribution channel, the market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment dominated the market, owing to the availability of a wide options of ready meals and ease of accessibility.

Based on geography, the global market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Source: https://www.fortunebusinessinsights.com/prepared-meals-market-105002

Report Coverage

The report presents a holistic study of the market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, a thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified and their strategies to bolster the prepared meals market growth are shared in the report.

Driving Factors

Convenience Food Demand Rises, Supporting Market Growth

Since convenience food allows busy working professionals with demanding schedules to save time and effort, the demand for ready-to-eat and convenience foods has risen quickly. Through their increased interest in cutting-edge packaged meals, millennials and members of Generation Z are driving the launch of high-quality items. Additionally, those who consider themselves "foodies" have a greater demand for more upscale and nutrient-dense ready-to-eat foods. Additionally, the increased need for portable foods enables manufacturers to create new products that satisfy popular consumer demands wherever customers are present.

Regional Insights

Europe Dominated Backed by Increasing Premiumization

In 2021, Europe overtook Asia as the largest market. The introduction of more exotic items, the drive toward premiumization, and the influence of private labels are just a few of the causes that are predicted to cause the industry to expand dramatically.

Due to rising processed food demand and rising income levels among the populace, the market in North American nations such as the U.S. and Canada is anticipated to experience significant growth.

The Asia Pacific region is anticipated to experience tremendous growth in the near future. Other developing nations such as India, the Philippines, Singapore, and Australia are growing quickly due to their great potential and low saturation. Japan and China still hold a sizable prepared meals market share.

Competitive Landscape

Key Players Sign Significant Contracts to Make Remarkable Changes in the Market

The players operating in the market often employ numerous tactics that will aid the market growth and product demand. Among the pool of strategies, one such notable strategy to expand the business prospect is signing multimillion contracts with government bodies and securing a profitable revenue for their own company.

Key Industry Development

• April 2025 –  DDC Enterprise Ltd., a leading multi-brand Asian company, signed a strategic agreement with Hewen Agricultural Technology Limited, a premium prepared-meal producer, to excel in D2C delivery of RTE food products, including meals, across Mainland China.
• July 2024 –  Mars Food & Nutrition, a Mars, Incorporated business segment offering ready meals, launched new products to expand its ready meals space. Ben’s Original Street Food is a range of entrées being launched across the U.S. and Canada in four different meal bowls. Ben‘s Original Lunch Bowls include a range of tasty grain and vegetable bowls across the U.K.

Report Overview:

The global pasta market size was valued at USD 71.50 billion in 2024. The market is projected to grow from USD 75.50 billion in 2025 to USD 108.67 billion by 2032, exhibiting a CAGR of 5.34% during the forecast period. Europe dominated the pasta market with a market share of 16.8% in 2024.

Pasta is a largely consumed, easy-to-make, and affordable food product. The increasing and regular evolution of pasta propels the pasta market growth during the forecast period. The rising demand for instant food products, such as pasta and Western food culture adoption, is driving the market growth during the forecast period.

Fortune Business Insights™  mentioned this in a report titled “ Pasta Market, 2025-2032 .”

List of Key Players Present in the Report :

• Barilla G. e R. F.lli S.p.A. (Italy)
• Ebro Foods, S.A. (Spain)
• CAMPBELL SOUP COMPANY (U.S.)
• TreeHouse Foods, Inc. (U.S.)s
• Unilever (U.K.)
• The Kraft Heinz Company (U.S.)
• BORGES INTERNATIONAL GROUP (Spain)
• Nestlé (Switzerland)
• F.lli De Cecco di Filippo S.p.A (Italy)
• Armanino Foods of Distinction (U.S.)

Report Coverage:

The research report presents a comprehensive analysis of the market, emphasizing critical elements such as the competitive landscape, product categories, raw materials, and distribution channels. It also explores emerging market trends and highlights significant industry developments. Furthermore, the report outlines various factors that have driven market growth in recent years.

Source: https://www.fortunebusinessinsights.com/pasta-market-102284

Segments:

Rising Dried Products Consumption to Propel Segment Growth

By product type, the market is segmented into dried, chilled, and canned. The dried segment is expected to dominate the market during the forecast period. The segment's growth is attributed to increasing consumption of dried products globally. The shelf life of dried products is also more than chilled and canned products.

Rising Need for Wheat Products to Boost Segment Growth

Based on raw material, the market is classified into wheat and gluten-free. The wheat segment is estimated to dominate the market during the forecast period due to the increasing need for wheat products globally. The availability of products in different shapes and sizes also drives segment growth during the forecast period.

Growing Accessibility of Products to Drive Segment Growth for Supermarkets/Hypermarkets

By distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, online stores, and others. The supermarkets/hypermarkets will dominate the market during the forecast period owing to increasing availability and convenience of choosing products from various options.

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

Drivers & Restraints:

Rising Consumer Interest in Western Cuisine to Propel Market Growth

The pasta market is projected to experience growth over the forecast period, fueled by the rising popularity of Western cuisine in Asian countries. The post-pandemic trend of experimenting with diverse and creative recipes is also expected to play a key role in driving demand. Moreover, the increased pasta consumption observed in countries like France, Germany, the U.S., and Italy during the pandemic has further supported the market’s expansion.

Market Trends and Innovations:

The pasta market is constantly evolving, with manufacturers introducing new flavors, shapes, and ingredients to cater to changing consumer preferences. From artisanal pasta made with ancient grains to innovative plant-based options, there is a pasta variety for every palate. In addition, the rise of online shopping has made it easier than ever to access a wide range of pasta products from around the world.

Regional Insights:

Growing Demand for Product to Boost Market Growth in Europe

Europe is estimated to hold the largest pasta market share during the forecast period. The growth is attributed to the increasing product demand in the region. Europe will also be the dominating region due to the launch of new varieties of gluten-free products in various shapes and forms.

Asia Pacific is expected to have the fastest growth rate during the forecast period due to the rising adoption of Western diets in the region.

Competitive Landscape:

Rising New Product Launches to Aid Market Growth

Key players in the market include Ebro Foods, S.A., Barilla G.e.R. F.lli S.p.A., and the Campbell Soup Company. These leading companies are actively launching new products to strengthen their market presence. In response to growing consumer demand for healthier options, many are focusing on developing gluten-free offerings to appeal to health-conscious consumers.

The Future Outlook of the Pasta Market: Trends & Growth

Pasta has been a cornerstone of global cuisine for generations, but what lies ahead for this timeless favourite? As we look toward 2024 and beyond, emerging trends and innovations are beginning to redefine the pasta industry. In this blog post, we’ll dive into the key drivers behind the market’s growth, the increasing popularity of alternative pasta options, and the shifting preferences of today’s consumers.

Current State of the Pasta Market

In recent years, the global pasta market has experienced a significant boom. Valued at approximately USD 73 billion in 2022, it is projected to grow at a CAGR of around 3.5% from 2023 to 2030. The rise in demand for convenient, ready-to-eat meals, the increasing popularity of Italian cuisine, and the growing health-conscious consumer base are all contributing to this growth.

Key Factors Influencing Growth

1. Health Trends : As consumers become more health-conscious, demand for whole grain, gluten-free, and high-protein pasta is rising. Brands are innovating to offer healthier alternatives to traditional pasta, aligning with the wellness trend.
2. Convenience : The busy lifestyles of modern consumers have fueled a growing demand for convenient meal options. Pasta, with products like microwaveable cups and pre-cooked varieties, perfectly meets this need.
3. Sustainability : With a stronger focus on sustainability, many pasta manufacturers are adopting eco-friendly packaging and sourcing ingredients from sustainable farms. This not only attracts environmentally conscious consumers but also helps brands stand out in a competitive market.

Notable Industry Development:

February 2023 –  Nuovo Pasta Production, one of the leading artisan pasta companies, announced the launch of its new plant-based product range, including a ravioli collection and fresh organic pasta products, at the Natural Products Expo West 2023.