Market Overview:

The global fermenters market size was valued at USD 1.71 billion in 2024. The market is projected to grow from USD 1.80 billion in 2025 to USD 2.63 billion by 2032, exhibiting a CAGR of 5.60% during the forecast period. Asia Pacific dominated the Fermenters Market with a market share of 36.84% in 2024.

Fortune Business Insights™ provides this information in its research report, titled “Fermenters Market, 2025-2032”.

In the food industry, fermenters are used for improving the shelf life and sensory attributes of a food item. They are anticipated to record a burgeoning demand over the coming years with an upsurge in the number of microbreweries and craft breweries.

List of Key Players Mentioned in the Report:

• Bioengineering AG (Switzerland)
• DIOSNA Dierks & Söhne GmbH (Germany)
• Pierre Guerin (France)
• SYSBIOTECH GmbH (Germany)
• CETOTEC GmbH (Germany)
• Sartorius AG (Germany)
• GEA Group (Germany)
• Solaris Biotech (U.S.)
• Biotree (India)
• Electrolab Biotech (U.K.)

Segmentation:

Semi-Automatic Segment Registers Dominating Share Owing to Advantage of More Control

By the mode of operation, the market is divided into semi-automatic and automatic. The semi-automatic segment accounts for the largest market share. The mode of operation provides more control during the production of various chemicals and beverages, which drives its adoption.

Continuous Segment to Expand at the Highest Growth Rate Due to Benefit of More Product Yield

Based on process, the market is fragmented into batch, fed-batch, and continuous. The continuous segment is slated to surge at the highest growth rate over the analysis period. The advancements in the fermentation process and benefits such as more product yield and minimal operational costs are propelling segment growth.

Stainless Steel Segment Accounts for Leading Share Due to its Reusability and Cost-efficiency

On the basis of material, the market is subdivided into glass, stainless-steel, and others. The stainless steel segment holds a major share in the global market and is set to rise at the highest CAGR over the analysis period. This is driven by the benefits of cost-efficiency and reusability offered by the material.

Food Segment to Exhibit the Highest CAGR Driven by Mounting Popularity of Plant-based Foods

On the basis of application, the market is segmented into food, healthcare & cosmetics, beverages, and others. The food segment is poised to depict the highest CAGR over the analysis period. The fermenters demand is rising impelled by the escalating popularity of plant-based food products across the globe.

By geography, the market for fermenters has been studied across Europe, North America, South America, Asia Pacific, and the Middle East & Africa.

Source: https://www.fortunebusinessinsights.com/fermenters-market-110183

Report Coverage:

The report gives an insight into the prominent strategies deployed by major industry players to gain an edge over their competitors. Other aspects include the latest trends and the pivotal factors set to propel industry expansion. An analysis of the industry on the basis of various segments has also been furnished in the report. The market has been analyzed based on the mode of operation, application, material, process, and geography.

Fermenters Market Future Outlook

• Growing Demand for Biotechnology: The rise in biotechnology applications is driving the need for advanced fermenters. These devices are essential for producing enzymes, antibiotics, and other bioproducts.

• Increased Focus on Sustainable Practices: Industries are shifting towards sustainable production methods. Fermenters offer eco-friendly solutions by utilizing renewable resources for biofuel and bioplastics production.

• Technological Advancements: Innovations in fermentation technology are enhancing efficiency and scalability. This makes it easier for companies to meet increasing production demands while reducing costs.

• Expansion in Food and Beverage Sector: The fermentation process is crucial in the food industry. With the popularity of fermented foods, the market for fermenters is expected to grow significantly.

Drivers and Restraints:

Favorable Government Policies to Propel Industry Growth

The globally mounting demand for cultivated and plant-based meat has led the governments of various countries to support industry players in a bid to secure more food safety. There has been a rise in government investments in numerous phases of dairy and meat analogs. These factors are set to propel product demand, driving fermenters market growth.

Nevertheless, the industry expansion could be restrained owing to the high costs associated with product installation.

Regional Insights:

Asia Pacific Accounts for Prominent Share Driven by Soaring Demand for Plant-based Meat and Dairy Products

In 2023, the Asia Pacific market value hit USD 0.60 billion. The regional fermenters market share bags a leading position in the global market as plant-based meat and dairy products gain traction in various countries.

The Europe market is touted to grow owing to the presence of supportive government policies. Besides, the region records a high number of breweries in Italy and France.

Competitive Landscape:

Industry Players Focus on Acquisitions and Mergers to Strengthen Market Positions

Industry participants are undertaking various strategies to increase their clientele base. Acquisitions, mergers, and partnerships are some of the steps deployed by industry players to establish a strong market footing. Solaris Biotech and Pierre Guerin are a few of the major players in the fermenters market.

Key Industry Development:

May 2023 –  Wacker Group acquired all shares of ADL Biopharma for EUR 100 million (USD 107.18 million). The move would help the company’s expansion in the field of sustainably produced dietary ingredients.

Market Overview:

The global brewing ingredients market size was valued at USD 122.65 billion in 2024. The market is projected to grow from USD 126.99 billion in 2025 to USD 182.97 billion by 2032, exhibiting a CAGR of 5.36% during the forecast period of 2025-2032. Asia Pacific dominated the brewing ingredients market with a market share of 32.53% in 2024.

LIST OF KEY BREWING INGREDIENTS COMPANIES PROFILED:

• American International Foods, Inc. (U.S.)
• RahrBSG. (U.S.)
• Kerry Group plc. (Ireland)
• AngelYeast Co., Ltd. (China)
• Cargill, Incorporated (U.S.)
• Boortmalt N.V. (Belgium)
• Lesaffre (France)
• Viking Malt (Finland)
• Maltexco S.A. (Chile)
• Lallemand Inc. (Canada)

Rising Popularity of Craft Brewing

One of the most influential trends propelling the brewing ingredients market is the surging interest in craft beer . Across North America, Europe, and Asia-Pacific, consumers are turning toward small-batch, artisanal brews that offer unique flavors, high-quality ingredients, and brand authenticity. This shift away from mass-produced beers has sparked demand for specialty ingredients like unique malt varieties, exotic hops, and customized yeast strains.

Craft brewers continually experiment with new ingredients and fermentation methods to create distinctive sensory profiles. As a result, ingredient suppliers are innovating with flavor-specific malt extracts , high-alpha hops, and enzymes that improve brewing efficiency and flavor stability.

Dominance of Malt Extracts in Ingredient Segments

Malt remains the dominant brewing ingredient, particularly in the form of malt extracts , which are widely used in both commercial and home brewing. Barley malt is the most preferred source, but there is rising interest in non-barley malts like wheat, rye, corn, and oats to produce differentiated products and cater to gluten-free consumers.

The report indicates that malt extract usage is growing steadily, especially among small and medium-sized breweries that seek consistency, scalability, and ease of storage. Moreover, specialty malts are enabling brewers to create complex beer styles such as porters, stouts, and sour ales, which younger, urban consumers increasingly favor.

Source: https://www.fortunebusinessinsights.com/brewing-ingredients-market-112480

Growing Demand for Non-Alcoholic and Functional Beers

Another significant driver reshaping the brewing ingredients market is the rising demand for non-alcoholic and low-alcohol beers . Consumers, particularly in Europe and Asia, are opting for beverages that align with health and wellness goals, including lower calories, no alcohol, and added functional benefits.

This trend has pushed ingredient manufacturers to develop functional yeast strains , fermentation inhibitors, and brewing enzymes that reduce alcohol content without compromising taste. Ingredients such as botanical infusions , vitamins, and probiotics are also being integrated into brewing formulations to cater to the wellness-oriented demographic.

Regional Trends and Asia-Pacific Leadership

Regionally, Asia-Pacific emerged as the leading market in 2024 and is expected to grow at the fastest rate throughout the forecast period. This growth is attributed to increasing beer consumption in countries such as India, China, Japan, and Vietnam , along with the expansion of urban middle-class populations and the influence of Western beer culture.

China, in particular, has witnessed a sharp rise in premium and craft beer consumption, prompting local and international brewers to invest heavily in ingredient sourcing and product innovation. India’s beer industry is also evolving, with a significant uptick in microbreweries and flavored beer variants.

North America and Europe remain mature markets but are focusing more on sustainable brewing practices, organic ingredients, and diversification into non-traditional beer products.

Sustainability and Innovation

Sustainability is gaining momentum in the brewing ingredients market. Brewers and ingredient manufacturers are increasingly turning to locally sourced grains , organic farming methods , and eco-friendly packaging to reduce their environmental footprint. Additionally, innovations in enzyme technologies are helping brewers reduce water and energy consumption during production.

Digitalization is also entering the brewing space. Smart brewing systems, AI-based fermentation monitoring, and blockchain-based ingredient traceability are enabling a more transparent and efficient value chain.

KEY INDUSTRY DEVELOPMENTS

• July 2024:  AB Biotek, a subsidiary of AB Mauri, expanded its product portfolio by launching a dry yeast range under its premium brand, Pinnacle. The company launched this product for industrial and craft brewers.
• March 2024:  Far Yeast Brewing Co., Ltd., one of the key brewing products manufacturing companies, renewed its standard brands “Far Yeast Tokyo Series” and “Far Yeast Genryu Series” and relaunched its “Far Yeast Series.” These yeast products are developed for brewing applications.

Market Overview:

The global oats market size stood at USD 5.18 billion in 2019 and is projected to reach USD 8.56 billion by 2032, exhibiting a CAGR of 4.05% during the forecast period. The growing consumption of whole-grain foods owing to its health benefits will enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “ Oats Market Size, Share & Industry Analysis, By Type (Steel Cut, Whole Oats, Instant Oats, and Others), Application (Bakery and Confectionery, Breakfast Cereals, Animal Feed, and Others), and Regional Forecast, 2020 – 2032.” 

The Report Lists the Key Companies in the Oats Market:

• Quaker Oats Company (PepsiCo, Inc.) (New York, U.S.)
• Morning Foods Ltd. (Crewe, United Kingdom)
• The Kellogg Company (Michigan, U.S.)
• Richardson International Ltd. (Winnipeg, Canada)
• Bob’s Red Mill Natural Foods, Inc. (Oregon, U.S.)
• Avena Foods Ltd. (Regina, Canada)
• Glanbia, Plc. (Kilkenny, Ireland)
• The Ancient Grains, Co. (Kildare, Ireland)
• Aussee Oats Milling Pvt Ltd (Gampaha, Sri Lanka)
• Blue Lake Milling (SA, Australia)

The report on the oats Market illustrates :

• Prominent insights into the market
• Predictive analysis with key data
• Latest market trends and developments
• Stellar insights into the competitive landscape
• Crucial data about regional players
• COVID-19 Impact

Source: https://www.fortunebusinessinsights.com/industry-reports/oats-market-100199

Market Driver :

Significant Utilization in Animal Feed to Drive Market

The vast application of oats in the animal feed industry owing to its properties to improve feed value will foster the growth of the market. The higher fat content compared to other cereals enhances energy content in the feedstock. Similarly, it adds key components for easy digestibility in animals. The balanced amino acid composition along with palatability makes it ideal for poultry, horses, and piglets. Thus, boosting the growth of the market. However, the wide availability of whole grains such as wheat, barley, sorghum, and quinoa that possess nearly the same nutritional profile can as an obstruction for the growth of the market. Besides, heavy demand for barley owing to its negligible cholesterol and triglyceride levels can further dampen the growth of the market.’

Mass Disruption in Food Industry to Impede Development during Coronavirus

The lockdown imposed by the governments has disturbed the supply chain activities, resulting in market closure and disrupted the food services sector. The food manufacturers and processors are observing several inhibitions in their operations. The shutdown of hotels, restaurants, & Café has negatively impacted the global market. Nevertheless, the production remained unaffected as deliveries of seeds, fertilizers, and crop protection was made available by the governments. Moreover, the ease accessibility of food supplies and commodities by the governments can aid in recovering losses and incite remunerative business outcomes.

Oats Market Growth

• Increasing Health Awareness: More people are prioritizing healthy diets. Oats are rich in fiber and nutrients, making them a popular choice.

• Versatile Usage: Oats can be used in various products. From breakfast cereals to snacks, their versatility drives demand across different markets.

• Rise of Plant-Based Diets: The shift towards plant-based eating habits boosts oat consumption. Oats serve as a great alternative in many recipes.

Regional Analysis :

Increasing Health-Conscious Consumers to Aid Growth in Europe

The market in Europe is expected to hold a significant share during the forecast period owing to the high production in countries such as Russia, the U.K., Italy, and Spain. The increasing health consciousness among consumers to boost growth in the region. The increasing demand for healthy grain-based snacks will bolster the growth of the global market in Europe. The hectic lifestyles of European consumers have led to high nutritional food products. Hence, increased production and consumption in European Countries will spur opportunities for the market. North America is expected to hold the largest share in the global market owing to the growing consumption of porridge or oatmeal as a staple food.

Key Development :

November 2019:  Chobani LLC launched a product range that includes oat drinks and blends in the U.S. market for expanding its business.

November 2018:  Nestle SA announced that it has added a new product to its cereals range containing whole grains, called Oat Cheerios breakfast cereals in the UK.

Market Overview

The U.S. edible oils & fats market size was valued at 32.00 billion lbs in 2024. The market is projected to grow from 33.61 billion lbs in 2025 to 45.60 billion lbs by 2032, exhibiting a growth at CAGR of 4.5% during the forecast period.

List of Key U.S. Edible Oils & Fats Companies Profiled:

• American Vegetables Oils, Inc. (U.S.)
• Bunge Ltd. (U.S.)
• Cargill, Incorporated (U.S.)
• Columbus Vegetable Oils (U.S.)
• Connoils LLC (U.S.)
• Fuji Oil Company, Ltd. (Japan)
• Louis Dreyfus Company (Netherlands)
• Olam International (Singapore)
• The Archer Daniels Midland Company (U.S.)
• Wilmar International Ltd. (Singapore)

Market Composition and Segmentation

1. Vegetable Oils

Vegetable oils represent the largest segment in the U.S. edible oils and fats market. It is widely used across households, restaurants, and food manufacturing due to its neutral flavor, affordability, and high heat tolerance.

Canola oil follows closely, favored for its low saturated fat content and high levels of omega-3 fatty acids. Sunflower, corn, and safflower oils are also increasingly popular, especially among consumers seeking non-GMO, heart-healthy alternatives.

2. Animal Fats

Animal fats, including lard and tallow, have traditionally played an important role in American cooking and baking. However, their popularity declined in recent decades due to health concerns related to cholesterol and saturated fats. Nonetheless, they are making a modest comeback, particularly among those following high-fat diets like keto or paleo. Furthermore, animal fats are increasingly being used in industrial applications such as biofuel production.

3. Specialty and Functional Oils

Oils like olive, coconut, avocado, and grapeseed have seen rising demand in recent years. These oils are typically marketed as premium, healthy, and functional products. Olive oil, rich in monounsaturated fats and antioxidants, is especially popular in Mediterranean-style cooking and among health-conscious consumers. Avocado oil, with its high smoke point and neutral taste, is gaining ground in both culinary and cosmetic uses.

Source: https://www.fortunebusinessinsights.com/u-s-edible-oils-fats-market-112871

Key Market Drivers

1. Health & Wellness Trends

Modern consumers are more aware of how dietary fats impact overall health. This has led to increased demand for oils high in unsaturated fats and free from trans fats. Many households now opt for cold-pressed, unrefined oils that retain more nutrients and antioxidants. Labels highlighting heart health, organic certification, or non-GMO ingredients are also becoming key purchase influencers.

2. Plant-Based and Clean Label Movements

The rise in vegetarian, vegan, and flexitarian lifestyles has contributed significantly to the growth of plant-based oils. Consumers are increasingly avoiding hydrogenated oils and artificial additives, prompting brands to reformulate products and improve ingredient transparency. Clean-label cooking oils and snacks are in high demand, especially among millennials and Gen Z consumers.

3. Biofuel and Renewable Energy Demand

An important but often overlooked driver is the use of edible oils and fats in renewable diesel and biodiesel production Used cooking oil, animal fats, and soybean oil are major contributors to the growing renewable energy market, supported by state and federal incentives.

Market Challenges

While growth prospects remain promising, several challenges persist:

• Price Volatility : Weather patterns, geopolitical tensions, and export restrictions affect the pricing of oilseeds like soybean and canola.
• Sustainability Concerns : The environmental impact of palm oil production and the carbon footprint of large-scale agriculture remain critical issues.
• Supply Chain Disruptions : Global supply chain instability has caused delays and shortages in both raw material sourcing and final product distribution.
• Regulatory Pressure : Stricter regulations on labeling, trans fats, and genetically modified organisms (GMOs) are pushing manufacturers to innovate or reformulate.

Future Outlook

The U.S. edible oils and fats market is expected to grow at a CAGR of around 4.5% between 2025 and 2032. Factors such as the rising popularity of functional foods, growing demand for clean-label products, and the use of oils in non-food applications like cosmetics and bioenergy will further boost the industry.

In the coming years, we can expect:

• Increased adoption of precision agriculture and biotech for higher oilseed yields.
• Continued shift toward organic and specialty oils.
• Innovation in fat-alternative technologies, such as structured lipids or plant-based emulsifiers.

KEY INDUSTRY DEVELOPMENTS

• October 2023:  Louis Dreyfus Company (LDC), a Netherlands-based agriculture merchant, announced the construction of a new soybean processing plant in Upper Sandusky, Ohio. The facility will integrate crushing, vegetable oil refining, lecithin production, and packaging capabilities. As a result, the plant will strengthen LDC’s core merchandising capabilities by adding capacity to process U.S. soy into value-added products such as edible oils and lecithin.

Market Overview

The Asia Pacific processed meat market size was valued at USD 34.68 billion in 2024. The market is projected to grow from USD 36.33 billion in 2025 to USD 59.31 billion by 2034, exhibiting a CAGR of 5.60% during the forecast period.

Processed meat refers to meat that has been preserved through salting, curing, smoking, fermentation, or other techniques to enhance its shelf life and flavor. Common examples include sausages, ham, bacon, canned meat, meat snacks, and frozen meat products.

In the Asia Pacific Processed Meat Market , the market for processed meat has evolved considerably, transitioning from being a niche segment to a mainstream category in both urban and semi-urban areas. The rise in modern retail infrastructure, coupled with an increasingly time-starved population, has driven demand for protein-rich, easy-to-prepare meat products.

List of Key Processed Meat Companies in Asia Pacific Profiled:

• Nichirei Corporation (Japan)
• NH Foods Ltd. (Japan)
• JBS S.A. (Brazil)
• CJ CheilJedang Corporation (South Korea)
• ITOHAM YONEKYU HOLDINGS, INC. (Japan)
• Hormel Foods Corporation (U.S.)
• WH Group Limited (China)
• Daesang Corporation (South Korea)
• Charoen Pokphand Foods Public Company Limited (Thailand)
• Ajinomoto Co., Inc. (Japan)

Key Growth Drivers Asia Pacific Processed Meat Market

1. Urbanization and Changing Lifestyles

One of the most prominent drivers of the processed meat market in the Asia Pacific is the rapid urbanization occurring across the region. As more people migrate to urban centers for employment, their lifestyles and eating habits are undergoing transformation. The demand for quick, convenient, and nutritious food options has increased significantly, providing a major boost to processed meat products.

2. Rise in Middle-Class Income

The expanding middle class in countries like India, China, Vietnam, and Indonesia is fueling the consumption of premium food items, including processed meat. With growing awareness of protein-rich diets and higher purchasing power, consumers are more willing to invest in packaged food, especially meat-based snacks and meals.

3. Expansion of Modern Retail and E-commerce

The growth of supermarkets, hypermarkets, and online grocery platforms has greatly enhanced product availability and consumer access to processed meat. Cold chain logistics and efficient distribution networks ensure quality retention and timely delivery, further strengthening consumer trust and brand loyalty.

4. Product Innovation and Diversification

Manufacturers in the region are heavily investing in R&D to introduce new product lines, including low-fat , organic , gluten-free , and plant-based alternatives to traditional processed meats. These innovations cater to the evolving health-conscious consumers, particularly millennials and Gen Z populations, who seek better-for-you meat products.

Source: https://www.fortunebusinessinsights.com/asia-pacific-processed-meat-market-112733

Emerging Trends in the Asia Pacific Processed Meat Market

1. Rise of Health-Conscious Meat Products

With increasing concern over obesity, heart diseases, and lifestyle-related disorders, consumers are more aware of what they eat. The demand for nitrate-free , additive-free , and low-sodium processed meats is on the rise. Companies are responding by launching clean-label, high-protein products that align with health and wellness goals.

2. Premiumization of Processed Meat

In urban centers such as Tokyo, Seoul, and Shanghai, there is a growing preference for gourmet and premium processed meat products. Products such as grass-fed beef jerky, artisanal sausages, and hormone-free deli meats are gaining popularity among affluent consumers.

3. Growth in Frozen and Ready-to-Eat Segments

Frozen meat products and ready-to-eat (RTE) meals are gaining traction due to their long shelf life and minimal preparation requirements. The COVID-19 pandemic further accelerated this trend, and it has persisted even post-pandemic due to hybrid work cultures and home-based cooking habits.

4. Demand for Sustainable Packaging

Sustainability is a rising concern, and many consumers are actively seeking brands that use eco-friendly, recyclable, or biodegradable packaging . Producers adopting green packaging practices are gaining a competitive advantage in the market.

Challenges to the Asia Pacific Processed Meat Market Growth

Despite the promising outlook, the Asia Pacific processed meat market faces several obstacles:

• Regulatory Complexity : Different countries in the region have varying food safety standards, labeling requirements, and import-export regulations, creating complexities for manufacturers operating across borders.
• Health Concerns : Negative consumer perception regarding artificial preservatives, sodium content, and potential health risks associated with processed meat continues to impact the market.
• Cultural Preferences : In countries like India, a large portion of the population is vegetarian or prefers specific meat types due to religious or cultural beliefs, limiting overall meat consumption.
• Competition from Plant-Based Alternatives : The rise of the plant-based meat industry presents a strong competitive threat, especially among health-focused and environmentally conscious consumers.

Country-Level Highlights

• China : The largest market in Asia Pacific, driven by vast urban populations and high pork consumption. Domestic producers and international brands are actively competing for market share.
• India : Though meat consumption per capita is lower compared to other nations, the growing youth demographic and rising demand for frozen and ready-to-cook meals are encouraging processed meat growth.
• Japan and South Korea : Mature markets with high demand for convenience foods and premium meat products. Innovation and product differentiation are key to success here.
• Southeast Asia : Countries like Vietnam, Thailand, and the Philippines are emerging as high-potential markets due to rapid urban development and young populations.

Future Outlook

The future of the Asia Pacific processed meat market is promising, with growth underpinned by consumer demand for convenience, protein, and innovation. Companies that can offer clean-label, health-oriented, and culturally adapted meat products stand to gain a significant edge.

Investments in cold chain infrastructure , e-commerce logistics , and sustainable practices will further shape the competitive landscape. Additionally, strategic partnerships between global food brands and local players will facilitate deeper market penetration and localization.

KEY INDUSTRY DEVELOPMENTS:

• June 2024:  Daesang Corporation expanded its food production capacity in Vietnam to meet the growing local demand for Korean cuisine. The company invested approximately USD 22 million to enhance its production facilities, specifically targeting two plants in northern Vietnam, one in Hai Duong and the other in Hung Yen.

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 breakfast cereal market size was valued at USD 38.12 billion in 2024. The market is projected to grow from USD 40.01 billion in 2025 to USD 58.35 billion by 2032, exhibiting a CAGR of 5.54% during the forecast period. North America dominated the breakfast cereals market with a market share of 45.64% in 2024. Moreover, the breakfast cereal market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 20.82 billion by 2032, driven by the increased launch of novel breakfast cereal products with different flavors and properties in the country market size.

Breakfast cereals refer to processed food products that usually feature grains, including oats, wheat, barley, and others. Western diets are increasingly being adopted, and consumers are exploring new products and processed foods in various flavors. The surging popularity of processed foods in emerging economies is driving the market’s growth.

List of Key Players Mentioned in the Report:

• Kellogg’s Company (U.S.)
• Nestle S.A. (Switzerland)
• Post Holdings (U.S.)
• General Mills, Inc. (U.S.)
• Ltd. (U.S.)
• Marico Limited (India)
• Bagrrys India Limited (India)
• B & G foods (U.S.)
• Sanitarium Health Food Company (Australia)
• Bob’s Red Mill Natural Foods (U.S.)

Source: https://www.fortunebusinessinsights.com/industry-reports/breakfast-cereals-market-100535

Segmentation:

On-the-go Consumption of Ready-to-eat Cereals to Impel Segment Growth

On the basis of type, the market is segmented into ready-to-eat cereals and hot cereals. The ready-to-eat cereals segment occupies the largest share, driven by the quick consumption of ready-to-eat cereals.

High Availability of Conventional Products to Boost Segment Expansion

In terms of category, the market is categorized into conventional and organic. The conventional segment witnesses the largest breakfast cereal market share owing to the huge availability of conventional products.

Ready Availability of a Broad Collection of Products to Accelerate Supermarkets/Hypermarkets Segment Growth

Based on distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, online retail, and others. The supermarkets/hypermarkets segment holds the largest market share owing to the diverse collection of products being readily available in one place.

Regionally, the market for breakfast cereal is categorized into South America, Asia Pacific, Europe, North America, and the Middle East & Africa.

Report Coverage

The competitive strategies deployed by top companies to attain the largest share have been mentioned in the research report. Besides this, it provides a comprehensive coverage of the top trends, notable industry developments, and the impact of the COVID-19 pandemic on market growth. It further highlights the key factors propelling the market growth.

Drivers and Restraints:

Increasing Demand for Convenience Food to Expedite Market Growth

The market has witnessed a surge in the popularity and demand for portable cereals, including ready-to-eat products, among consumers, driven by the rising popularity of the on-the-go lifestyle. Owing to their convenient nature and longer shelf life, processed foods such as breakfast cereals are increasingly becoming popular among consumers.

Despite such growth opportunities, the presence of sugars and carbohydrates, which are related to many diseases, discourages product adoption, further stifling the breakfast cereal market growth.

Regional Insights:

North America Led, Owing to Encouragement by Health Associations to Purchase Products with Lower Sugar Content

North America occupied the largest market share in 2023 as health associations are encouraging consumers to buy products with lower sugar content, which creates awareness and reduces their sugar consumption.

Asia Pacific’s market growth is fueled by the rising popularity of Western diets. Rise in disposable incomes, shift in consumer behavior, and escalating demand for processed food boost substantial growth.

Competitive Landscape:
Key Players Leverage Partnerships to Release Innovative Products

The breakfast cereal market is experiencing growing consumer interest in affordable, portion-controlled single-serve cereal packs. To maintain a competitive edge, leading companies are adopting various strategies, including mergers, acquisitions, joint ventures, and capacity expansions. Additionally, many brands are entering into strategic partnerships to drive innovation and bring new, unique products to market.

Key Industry Development:

April 2024 : Kellogg’s India launched a new breakfast cereal product offering named Froot Loops for consumers. The product is targeted specifically at kids and provides a fruity and colorful offering to consumers.

Market Overview

The China food service market size was USD 454.80 billion in 2022. The market is projected to grow from USD 504.52 billion in 2023 to USD 1,061.16 billion by 2030, exhibiting a CAGR of 11.21% during the forecast period.  Fortune Business Insights™  shares this information in its report titled “ China Food Service Market, 2023-2030. ”

China is a fast-paced growing country in the food service sector owing to its consumer base capturing the majority of the share in food and beverages consumption. The usage of new technology such as using e-menus, online reservations, mobile ordering, and payment apps is projected to assist in market development. With international market players have been focusing on expanding their businesses in China, the market offers prosperous growth opportunities.

List of Key Players Profiled in the Market Report

• McDonald's (U.S.)
• Starbucks (U.S.)
• Ajisen Holding Limited (China)
• Restaurant Brands International Inc.(Canada)
• China Quanjude (Group) Co. Ltd.(China)
• Dominos (U.S.)
• KFC Corporation (U.S.)
• Yum! Brands, Inc (U.S.)
• Tim Hortons (Canada)
• Yoshinoya Holdings 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/china-food-service-market-107657

Drivers and Restraints

Increasing Demand For Prepared Food To Drive Market Enhancement

Increasing demand for prepared food is anticipated to drive China food service market growth. The demand for prepared foods has rapidly increased in China as they save time and effort for working professionals. Advantages such as Ease of use, functionality, quick delivery, and high nutritional value are propelling the growth of the market. Furthermore, the rise in demand for more premium and nutritious ready-to-eat foods made for foodies. Hence, increased consumption of prepared food drives the growth of the food service market

However, increasing preference for ethnic cuisines over international cuisines is hampering the market growth.

Competitive Landscape

Targeted Marketing Campaigns By Key Players To Drive Market Edge

In terms of the competitive landscape, the market has the presence of established and emerging food service companies. Some of the major players who hold the largest part in the China food service market share have been using targeted marketing campaigns such as the Fruit and Vegetables 100+ program launched by Yum! China with the aim to promote balanced diets and healthy lifestyles. Furthermore, the brand introduces new food items which are integrated with the traditional cuisines of a particular region. The food products offered are targeted mainly towards the local food enthusiast looking forward to enjoying new and flavorful food offerings.

Key Industry Development

• January 2022-  Starbucks partnered with China's Meituan to serve its Chinese customers to order coffee delivery using the super-app platform. The motive of the company is to expand delivery services in China.