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.

Market Overview

The Japan Food Service market size was valued at USD 214.35 billion in 2022. The market is projected to grow from USD 236.29 billion in 2023 to USD 475.46 billion by 2030, exhibiting a CAGR of 10.50% during the forecast period.  Fortune Business Insights™  shares this information in its report titled “ Japan Food Service Market, 2023-2030. ”

Food service is about food and beverages being consumed outside the home or ordered at home through food-serving establishments and Japan is one of the biggest countries in the food service industry in its region. Strong presence of the service in cities such as Tokyo and Osaka due to increasing number of restaurants is projected to assist in market development. The country’s industry is highly competitive in national and international level.

List of Key Players Profiled in the Market Report

• McDonald's (U.S.)
• Starbucks (U.S.)

• Plenus Co., Ltd (Japan)
• Zensho Holdings Co.(Japan)
• Tori doll Holdings Corp.(Japan)
• Dominos (U.S.)
• KFC Corporation (U.S.)
• Yum! Brands, Inc (U.S.)
• Skylark Co., Ltd. (Japan)
• Tully's Coffee Japan Co. Ltd. (Japan)

Segmentation

On the basis of type, the market is divided into full service restaurants, quick service restaurants, institutes, and others.

Report Coverage

The 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/japan-food-service-market-107650

Drivers and Restraints

Increasing Automation in the Food Sector to Drive Market Enhancement

Increasing automation in the food sector is anticipated to drive Japan food service market growth. Japanese food service operators are adopting innovative ideas in their restaurants such as the influence of cross cultural cuisine and robotics themes. Incorporating technology in the food and beverage industry plays a vital role as companies continuously try to improve productivity and identify substantial areas for research and development. Additionally, increasing awareness of the consumers of QSRs is also expected to drive the Japan food service market growth.

However, strict and complex government policies and regulations in food and beverage categories is hampering the Japan food service market share.

Competitive Landscape

Key Players Offering Ethnic Japanese and Korean Cuisine in Their Products to Drive Market Edge

In terms of the competitive landscape, the market has a strong presence of established and emerging companies. Some food service providers offer Japanese and Korean ethnic foods, and Western cuisine. The Japanese market has Starbucks, KFC Corporation, and Yoshinoya Holdings are the market players. Tully's Coffee Japan Co. Ltd and Yum! Brands, Inc., and Starbucks have been regularly engaging in innovations and using branding to increase its presence in the market. In April 2021, Starbucks Japan launched a new seasonal drink, the Chai Chocolate Frappuccino which is a drink with a chocolate base and gentle spices added.

Key Industry Development

• August 2022-  Starbucks launched a new fall drink called the Marrone "Cassis Frappuccino" which is a beverage combining chestnuts and cassis with signature coffees of Starbucks from all over Japan.

Market Overview:

The global fresh vegetables market size was valued at USD 714.25 billion in 2023. The market is projected to grow from USD 731.18 billion in 2024 to USD 921.09 billion by 2032, exhibiting a CAGR of 2.93% during the forecast period. Asia Pacific dominated the fresh vegetables market with a market share of 63.9% in 2023.

Fresh vegetables are perishable, which has increased the demand for an efficient supply chain management to ensure that the highest quality of produce reaches the customers and there is no waste. The demand for these vegetables might fluctuate based on various factors, such as customers’ preferences, economic conditions, and urbanization in various countries. Customers’ increasing inclination toward healthier foods will bolster the demand for fresh vegetables.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Dole Plc. (Ireland)
• Fresh Del Monte Produce Inc. (U.S.)
• H. Robinson Worldwide, Inc. (U.S.)
• Binder International GmbH & Co. KG (Germany)
• Keelings (Ireland)
• Wang Zeng International Limited (U.K.)
• Mirak Group (UAE)
• Favco (Australia)
• Vegpro International Inc. (Canada)
• Mazzoni S.p.A. (Italy)

Segmentation:

Increasing Preference for Vegan Diet to Help Others Segment Dominate Market

Based on type, the market has been divided into onions, potatoes, tomatoes, cucumber, cabbage, eggplant, and others. The others segment includes carrots, broccoli, mushrooms, corn, garlic, asparagus, and green beans. The others segment is predicted to dominate the market due to the increasing preference for vegan diet among individuals to lead a healthier life.

Household Segment to Dominate Market Owing to Rising Global Population

Based on end use, the market has been segregated into household and commercial. The household segment is anticipated to dominate the global fresh vegetables market share due to the growing global population. This factor will increase the demand for healthy foods, which will positively impact the sales of fresh vegetables.

Availability of Wide Array of Products to Boost Customer Footfall in Offline Stores

Based on distribution channel, the market is segmented into online and offline. The offline segment might hold the biggest market share during the forecast period as offline stores offer a wide range of fresh vegetables that customers can choose from. Moreover, they can personally inspect the quality of the products before purchasing them, further strengthening the segment’s growth.

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

Source: https://www.fortunebusinessinsights.com/fresh-vegetables-market-110977

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as popular types, distribution channels, end uses, and prominent market players. It has also focused on the latest market trends and the 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:

Increasing Demand for Organic & Healthy Foods to Augment Market Growth

A growing number of individuals are becoming conscious about their health and wellbeing, which has resulted in an increased demand for organic and healthy foods, such as fresh vegetables. People are becoming aware of the role a healthy and well-balanced diet plays in improving them from a wide range of chronic diseases, such as heart ailments, diabetes, and cancer. This factor is expected to increase the consumption of fresh vegetables.

However, several farmers can find it difficult to obtain the organic grower certification from relevant authorities, which can adversely impact the fresh vegetables market growth.

Regional Insights:

Asia Pacific Dominated Global Market Owing to Large-Scale Production of Fresh Vegetables

Asia Pacific held the largest global market share in 2023 as the region is known for its large-scale production of fresh vegetables. Countries, such as India and China are the world’s leading producers and exporters of vegetables. As per the Ministry of China, the country produced an astounding 680 million metric tons of vegetables in 2022. These factors are expected to help the region dominate the global market.

North America is also anticipated to show healthy growth due to the increasing adoption of vegan diet in countries, such as the U.S. and Canada.

Competitive Landscape:

Leading Market Players to Focus On Partnerships and Acquisitions to Remain Competitive

Some of the top companies operating in the market are announcing partnerships, acquisitions, and mergers & acquisitions to expand the capacity of producing fresh vegetables. They are also using these strategies to launch new and exotic varieties of vegetables. These business decisions will help them expand their current customer base.

Notable Industry Development:

April 2024 –  Gopuff, an American retail company, announced its partnership with Misfits Market, an online grocery delivery platform. Through this collaboration, the companies plan to introduce over 300 fresh grocery items across the U.S., including fruits, vegetables, dairy, and poultry to the customer’s doorstep in 15 minutes.

Market Overview :

The global green coffee market was valued at USD 38.37 billion in 2023. It is expected to grow from USD 39.97 billion in 2024 to USD 56.14 billion by 2032, with a projected CAGR of 4.34% during the forecast period (2024-2032). The U.S. green coffee market is anticipated to expand significantly, reaching an estimated USD 10.99 billion by 2032, driven by increasing consumer awareness of its health benefits. Europe led the market in 2023, holding a 33.39% share.

The market is gaining momentum from rising consumer awareness of the product's various health benefits. It is also becoming popular in nutraceutical products and dietary supplements. Fortune Business Insights presents this information in its report, “Green Coffee Market, 2024-2032."   

Over the past few years, green coffee has become highly popular worldwide. The growing demand is driven by consumers' increasing interest in functional foods and beverages, as well as plant-based dietary supplements. Specialty coffee varieties, including green coffee beans, draw a significant global consumer base. As disposable incomes rise, consumers are more willing to spend on premium-quality food and beverage products. These trends are expected to support market growth in the coming years.

List of Key Players Profiled in the Report:

• The Hamburg Coffee Company (Germany)
• Neumann Kaffee Gruppe (Germany)
• Merchants of Green Coffee (U.S.)
• Belco S.A. (France)
• Starbucks Corporation (U.S.)
• Nordic Approach S.A. (Norway)
• Golden Bean Trade (Brazil)
• Atlantica Coffee (Brazil)
• Group MAGNUS The Green Coffee Brazil (Brazil)
• WS Cafe (Vietnam)

Segments:

Based on type, the market is bifurcated into Arabica and Robusta.

On the basis of end product, the market is divided into roasted coffee, green coffee bean extract, and instant/soluble coffee.

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

Source: https://www.fortunebusinessinsights.com/green-coffee-market-106635

Report Coverage-

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into the regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• Latest industry developments such as product launches, partnerships, mergers, and acquisitions.

Market Trends and Growth

The global green coffee market is experiencing steady growth, as more consumers choose organic and sustainable products. This growth is fueled by the rising demand for natural ingredients, the growing clean eating trend, and increasing awareness of the health benefits of green coffee.

Expanding Market Reach

The green coffee market has expanded beyond health food stores and specialty coffee shops. With the growth of e-commerce platforms and online retailers, green coffee products are now accessible to a broader audience. This increased market reach is anticipated to boost sales and revenue for green coffee producers in the coming years.

Health Benefits of Green Coffee:

Green coffee is abundant in antioxidants, especially chlorogenic acid, which is associated with various health benefits. Some potential benefits of consuming green coffee include:

• Weight Management: Chlorogenic acid in green coffee may boost metabolism and aid in weight loss.
• Improved Heart Health: Research indicates that green coffee may help lower blood pressure and reduce the risk of heart disease.
• Antioxidant Properties: Green coffee is a rich source of antioxidants that can protect the body against oxidative stress and inflammation.

Drivers & Restraints :

Growing Use in Nutraceuticals & Dietary Supplements to Boost Market Growth

The growth of the green coffee market is primarily driven by increasing consumer awareness of its various health benefits. Green coffee beans are rich in chlorogenic acid, a readily absorbable antioxidant, which has significantly boosted the product's popularity. Studies have shown that green coffee can aid in weight loss, making it popular among obese and overweight individuals.

Due to these health benefits, green coffee is increasingly used in nutraceutical products and dietary supplements. A growing focus on health and immunity is expected to further propel the market during the forecast period. However, price volatility of green coffee beans may somewhat hinder market growth.

Regional Insights :

Europe is expected to lead the global green coffee market share during 2021-2028. The region is witnessing a notable uptick in product adoption for further processing in instant coffee and roasted coffee products. Specialty coffee products are gaining popularity among health-conscious consumers across Germany, Spain, and Italy.

North America will witness growth owing to the thriving nutraceutical sector. The region is witnessing heavy usage of nutraceutical products and dietary supplements. Rise of the fitness sector and presence of major players such as Starbucks will drive the regional market forward.

Meanwhile, the market in the Asia Pacific will record notable growth during the analysis period due to rising disposable incomes of consumers and increased spending on premium-quality coffee products.

Green Coffee Market Future Outlook

• Growing Demand for Specialty Coffee: More consumers are seeking specialty coffee options. This trend boosts the green coffee market as buyers look for unique flavors and origins.

• Health Consciousness: Green coffee is often marketed for its health benefits. Its high antioxidant content appeals to health-focused consumers, driving sales in this segment.

• Sustainable Practices: There is an increasing focus on sustainability. Consumers are favoring ethically sourced green coffee, which encourages farmers to adopt eco-friendly practices.

Competitive Landscape

Industry Development:  

June 2021: Neumann Kaffee Groupe partnered with Advanced Coffee Equity to conduct a quality control-focused training to capitalize on the growing green coffee trend in the U.S.

Market Size and Growth Rate

The global algae products market size was valued at USD 41.88 billion in 2024. The market is projected to grow from USD 44.39 billion in 2025 to USD 70.28 billion by 2032, exhibiting a CAGR of 6.78% during the forecast period. Asia Pacific dominated the algae products market with a market share of 53.25% in 2024.

Key Companies in the Algae Products Market

Some of the leading players driving innovation in this space include:

• Koninklijke DSM N.V. (Netherlands)
• BASF SE (Germany)
• Cyanotech Corporation (U.S.)
• Cargill Inc. (U.S.)
• The Archer-Daniels-Midland (U.S.)
• Fuji Chemical Industries Co., Ltd. (AstaReal Co., Ltd.) (Japan)
• MiAlgae Ltd (U.S.)
• Corbion N.A. (Netherlands)
• Algenol Biotech (U.S.)
• Algae Systems, LLC (U.S.)

These companies are focusing on R&D, mergers, and strategic partnerships to enhance production capacity, improve algae strains, and develop value-added products.

What Are Algae Products?

Algae products are derived from microalgae (e.g., spirulina, chlorella, and dunaliella) and macroalgae (seaweeds like kelp and nori). These algae are cultivated in freshwater, marine, or brackish water environments and processed into various forms such as powders, capsules, oils, and extracts.

Popular algae products include:

• Spirulina and Chlorella supplements
• Algal oil (rich in Omega-3)
• Algae-based biofuels
• Hydrocolloids (e.g., agar, alginate, carrageenan)
• Cosmetic ingredients (antioxidants, anti-aging compounds)

Source: https://www.fortunebusinessinsights.com/algae-products-market-112830

Key Drivers of Market Growth

1. Nutritional Superiority

Algae are rich in proteins, vitamins, minerals, and essential fatty acids such as Omega-3 DHA and EPA . This makes them ideal for health supplements, especially in vegan and vegetarian diets , where traditional sources like fish oil are not preferred.

2. Sustainability and Environmental Benefits

Algae cultivation requires minimal land, freshwater, and fertilizers , and it actively absorbs CO₂ from the atmosphere. This makes it a climate-friendly resource compared to traditional crops or animal-based sources.

3. Growth of the Vegan and Functional Food Movement

As more consumers adopt plant-based diets , algae products like spirulina, chlorella, and seaweed are gaining popularity in smoothies, protein bars, snacks, and even dairy alternatives.

4. Cosmetic and Personal Care Applications

Algae-derived ingredients are increasingly used in skincare and personal care products for their hydrating, detoxifying, and anti-aging properties. Brands are incorporating marine ingredients into cleansers, creams, masks, and serums.

5. R&D in Biofuels and Bioplastics

Algae-based biofuels and biodegradable plastics are being explored as alternatives to fossil fuels and petroleum-based products, especially in Europe and North America where regulations encourage greener solutions.

Leading Market Segments

By Source:

Macroalgae

      Chlorophyta (Green)

      Rhodophyta (Red)

      Phaeophyta (Brown)

Microalgae

       Spirulina

       Chlorella

      Others

By Application

• Food & Beverages
• Animal Feed
• Nutraceutical & Dietary Supplements
• Others

By Region:

• North America: A mature market with strong demand in supplements and nutraceuticals.
• Europe: Focused on clean label and sustainable ingredients.
• Asia-Pacific: The fastest-growing region due to the traditional use of seaweed and government support for algae farming.
• Latin America & MEA: Emerging regions with increasing awareness and market entry.

Current Trends in the Algae Industry

• Omega-3 Fortification : Algae-sourced Omega-3 is now used in infant formula, functional foods, and heart health supplements.
• Blue-Green Algae in Beverages : Smoothies and wellness drinks are now using spirulina and chlorella for their detoxifying benefits.
• Seaweed Packaging : Biodegradable packaging made from seaweed is gaining interest as a plastic-free solution.
• Precision Fermentation : Biotech startups are using synthetic biology to create customized algae strains for pharmaceuticals and ingredients.

Challenges Facing the Market

While the growth outlook is strong, the industry also faces a few challenges:

• High Production Costs : Algae cultivation and extraction require advanced infrastructure and energy.
• Scalability : Large-scale commercial production is still in early stages for certain applications like biofuels.
• Regulatory Hurdles : Food safety regulations and labeling requirements vary across regions.

Future Outlook

The future of the algae products market is promising, especially as industries move toward sustainable, functional, and plant-based solutions . Technological advancements in algae cultivation, biotechnology, and extraction techniques will unlock new applications and improve cost efficiency. From alternative protein to eco-friendly packaging, algae are poised to play a pivotal role in the circular economy.

Key Industry Developments

• September 2024  – Two U.S. companies, Algae Cooking Club and Spotlight Foods, launched innovative cooking oils derived from microalgae, marking a significant advancement in sustainable food technology. Both companies utilize a fermentation process where microalgae are fed plant based sugars from sugarcane in large tanks, converting them into edible oil within a few days. This method is designed to minimize resource use compared to traditional vegetable oils.

Market Size:

The global non-alcoholic spirits market size was valued at USD 336.46 million in 2024. The market is projected to grow from USD 356.38 million in 2025 to USD 624.56 million by 2032, exhibiting a CAGR of 8.35% over the forecast period. Europe dominated the non-alcoholic spirits market with a market share of 44.57% in 2024.

the  non-alcoholic spirits market  has experienced significant growth, driven by changing consumer preferences towards healthier lifestyles and mindful drinking. With more people opting for low or no-alcohol alternatives, the industry has responded with innovative, sophisticated beverages that mimic the taste and experience of traditional spirits, without the alcohol.

List of Key Non-Alcoholic Spirits Companies Profiled:

• Diageo plc (U.K.)
• Lyre’s (U.K.)
• Everleaf (U.K.)
• V9 Beverages Pvt. Ltd. (India)
• Spiritless Inc. (U.S.)
• Wilderton (U.S.)
• THE FREE SPIRITS COMPANY (U.S.)
• SOBRII (Canada)
• Seadrift Distillery Non-Alcoholic Spirits (Australia)
• BARE Zero Proof Spirits Inc. (U.S.)

What Are Non-Alcoholic Spirits?

Non-alcoholic spirits are distilled or crafted beverages designed to replicate the flavors and aromas of traditional spirits like gin, whiskey, rum, and vodka but contain little to no alcohol (typically less than 0.5% ABV). These drinks often use botanicals, spices, and herbs to create complex flavor profiles, making them a popular choice for those who want to enjoy cocktails without the effects of alcohol.

Source: https://www.fortunebusinessinsights.com/non-alcoholic-spirits-market-110283

Report Scope & Segmentation:

Segments Covered: By Product Type (Whiskey, Rum, Gin and Aperitif, Vodka, and Others), By Category (Conventional and Artisanal), By Type (Original and Flavored), By Price (Value, Premium, and Super Premium), By Distribution Channel (On-Trade and Off-Trade {Supermarket/Hypermarket, Convenience Stores, Liquor Stores, Online Retail, and Others})

Regional Scope: North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Key Drivers of Market Growth

Several factors are fueling the expansion of the non-alcoholic spirits market:

1. Health and Wellness Trends  – Consumers are becoming more health-conscious, reducing alcohol intake to improve sleep, mental clarity, and overall well-being.
2. Sober-Curious Movement  – Many people, especially younger generations, are exploring sobriety or moderation, leading to increased demand for alcohol-free alternatives.
3. Improved Product Quality  – Early non-alcoholic options were often criticized for poor taste, but modern brands like  Seedlip, Lyre’s, and Ritual Zero Proof  have elevated the category with premium offerings.
4. Social and Cultural Shifts  – Bars and restaurants now offer dedicated non-alcoholic menus, reducing the stigma around not drinking.

Market Trends and Innovations

• Craft and Artisanal Options  – Small-batch producers are entering the market with unique, high-quality blends.
• Functional Ingredients  – Some brands incorporate adaptogens, vitamins, and nootropics for added health benefits.
• Sustainability  – Eco-conscious packaging and ethically sourced ingredients appeal to environmentally aware consumers.

Challenges in the Industry

Despite its growth, the non-alcoholic spirits market faces hurdles:

• High Prices  – Premium ingredients and complex production processes make these products more expensive than traditional spirits.
• Consumer Perception  – Some still associate non-alcoholic drinks with inferior taste, requiring continued education and sampling opportunities.

Future Outlook

The  global non-alcoholic spirits market  is projected to grow steadily, with increasing investment from major beverage companies and startups alike. As innovation continues and consumer acceptance rises, non-alcoholic spirits are set to become a permanent fixture in bars, retail shelves, and home cocktail setups worldwide.

KEY INDUSTRY DEVELOPMENTS:

October 2024:  Non-alcoholic ‘spirits’ brand Caleño introduced new market rum flavors specifically targeting younger consumers. The new product range includes White Coconut, Mango, and Passion Fruit Rum.

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.

Market Overview:

The global soybean oil market size was USD 51.23 billion in 2023 and is projected to grow from USD 52.86 billion in 2024 to USD 68.42 billion by 2032, exhibiting a CAGR of 3.28% during the forecast period. Asia Pacific dominated the Soybean Oil Market with a market share of 46.52% in 2023.

This information is published by  Fortune Business Insights in its report, titled  “Soybean Oil Market, 2024-2032.”

Our researchers found that the increasing use of soybean oil by food manufacturers and restaurants for making baked and fried foods, as well as for selling in bottles as cooking oil, is boosting the market. In the worldwide market for goods, soybean oil is unique because of its many uses, health benefits, and value. This oil, made from soybeans, has caught the attention of buyers, investors, and scientists because of its wide range of uses and potential for growth. Let's dive into the fascinating world of soybean oil and learn why it's a key subject in farming and finance.

List of Key Players Mentioned in the Report:

• Archer Daniels Midland Company (Illinois, U.S.)
• Associated British Foods, plc (London, U.K.)
• Bunge (Missouri, U.S.)
• Cargill, Inc. (Minnesota, U.S.)
• Louis Dreyfus Company (Rotterdam, Netherlands)
• Wilmar International Limited (Singapore)
• DuPont (Delaware, U.S.)
• Unilever plc (London, U.K.)
• AMAGGI Group (Cuiaba, Brazil)
• SunOpta, Inc. (Brampton, Canada)

Report Coverage:

Our reports are made carefully, focusing on being detailed and accurate. Our researchers check data carefully, helping us give trustworthy reviews and understand market changes well. We have many international and local records, making sure our information is up-to-date. This helps people in business and investors make smart choices.

Segmentation:

On the basis of application, the market is segregated into Cooking & Frying, Margarine & Shortening, Salad Dressings & Mayonnaise, Bakery Products, and Non-Food Applications.

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

The Rise of Soybean Oil

Soybean oil is a popular choice for cooking because it doesn't change the taste, can withstand high heat, and is good for the heart. Lately, more people are choosing it because they want healthier options and more plant-based foods. This has led to more soybean oil being made, used, and traded, making it an important part of the worldwide oils and fats market.

Source: https://www.fortunebusinessinsights.com/soybean-oil-market-106282

Market Dynamics and Trends

The soybean oil market is constantly changing due to things like the weather, government rules, what people like, and deals with other countries. Lately, more people want non-GMO and organic soybean oil because they care about their health and the environment. Also, more people are eating plant-based diets and using soybean oil in many different products, like fuel and makeup, which is helping the market grow and change.

Drivers and Restraints:

Extending Food Usage of Soybean Oil to Foster Market Growth

The oils and fats industry is growing worldwide, mainly because they're used more in making food. Soybean oil is the second most popular vegetable oil globally, used for frying, cooking, and making margarines. It's also becoming more popular in baking, helping the soybean oil market grow. But the industry has some problems. Other oilseeds can be used instead, and people are starting to prefer healthier oils like olive oil, which is reducing soybean oil sales.

Regional Insights:

The soy oil market in Asia Pacific, especially in China and India, has grown rapidly due to increased buying power and affordability. Asia Pacific dominated the market in 2020. North America is also seeing growth, with the U.S. being the top consumer due to its fast-growing food processing industry. South America is growing as well, with Brazil and Argentina leading in production and export.

Competitive Landscape:

Acquisitions and Mergers to Assist Vital Players in the Market

Market leaders use smart plans with help from experts to dominate the market and build a strong brand. They often buy other companies to make more money.

Industry Developments:

• August 2021 –  ADM and Marathon Petroleum Corp announced a joint venture to produce soybean oil to fulfill their rising demand to produce renewable diesel fuel.