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 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 chocolate confectionery market size was valued at USD 114.33 billion in 2019 and is projected to reach USD 164.97 billion by 2032, exhibiting a CAGR of 2.98% during the forecast period based on our analysis in the existing report. North America dominated the chocolate confectionery market with a market share of 17.06% in 2019.

Widespread awareness regarding the potential health benefits of chocolate is expected to play a central role in driving the growth of this market, states Fortune Business Insights™ in its report, titled “ Chocolate Confectionery Market Size, Share & Industry Analysis, By Type (Dark, Milk, and White), Category (Premium, Seasonal, and Everyday), and Regional Forecast, 2020-2032 ”. Chocolate products, especially dark chocolate, offer a plethora of health benefits. Dark chocolate and cocoa are known to have more flavanols, polyphenols, and antioxidants compared to acai berries, blueberries, and many other naturally occurring consumable foods. Further, a dark chocolate bar holds considerable amounts of iron, copper, and fiber, bolstered with an additional variety of other nutrients. A research study in the National Institutes of Health found that consuming dark chocolate helps regulate blood pressure more efficiently as the presence of flavanols can activate the lining within the arteries, reducing the impediments to blood flow and lowering the risk of heart disorders. These benefits of dark chocolate are surging their consumption, which is propelling the global market growth.

list of Top Chocolate Confectionery Companies:

• Barry Callebaut (Zürich, Switzerland)
• Nestle S.A. (Vevey, Switzerland)
• Chocoladefabriken Lindt & Sprungli AG (Zürich, Switzerland)
• Ferrero SpA (Alba, Italy)
• HARIBO GmbH & Co. KG (Bonn, Germany)
• Mondelez International (Illinois, U.S.)
• Meiji Holdings Co., Ltd. (Tokyo, Japan)
• The Hershey Company (Pennsylvania, U.S.)
• Ezaki Glico Co., Ltd. (Osaka, Japan)
• Mars Inc. (Virginia, U.S.)

The report states that the global market value stood at USD 114.33 billion in 2019 and shares the following:

• Thorough analysis of the short-term and long-term impact of the COVID-19 pandemic on the market;
• Actionable insights into the upcoming opportunities in the market;
• Tangible research into the market, drivers, restraints, and segments; and
• In-depth examination of the regional developments, competitive landscape, and upcoming investment pockets for the market.

Source: https://www.fortunebusinessinsights.com/industry-reports/chocolate-confectionery-market-100539

Market Restraints

Shrinking Sales amid COVID-19 Pandemic to Stall Market Growth

The chocolate confectionery market growth is expected to be hit by the coronavirus pandemic as lockdown and social distancing measures have forced consumers to stay at home and retail shops to close down, albeit temporarily. Moreover, severe global economic downturn has led to job losses and plummeting revenues for businesses, which has arrested spending on non-essential foods such as chocolate products. This, in turn, has contracted sales of some of the major players in the chocolate confectionery industry. The Hershey Company, for instance, reported in April that its international net sales dipped by 8.1% to USD 192.5 million. Similarly, in July 2020, Lindt & Spruengli, the Swiss chocolate maker, announced a fall in organic sales by 5-7% in the current year owing to store closures forced by COVID-19.

Regional Insights

North America to Have Dominating Lead in the Market Backed by High Demand for Premium Chocolates

With a market size of USD 19.50 billion in 2019, North America is anticipated to lead the chocolate confectionery market share during the forecast, mainly owing to the high demand for premium chocolate snacks and products among the consumers in the region. However, in the US, whose market volume stood at 1,410.20 thousand tons in 2019, the market is expected to experience limited growth owing to increasing resistance to high-sugar chocolate confectioneries and rising preference for low-sugar confectionery items.

In Europe, chocolate items are a central component in festivals in the region, which is the major factor augmenting the market growth. In Asia-Pacific, per capita consumption of chocolate products is increasing as a result of growing disposable income in the region. Large proportion of young population and evolving taste preferences are having a considerable influence on the growth trajectory of the market in the region.

Competitive Landscape

Heavy Investments in R&D by Key Players to Create Healthy Competitive Atmosphere

The market for chocolate confectioneries is characterized by a healthy competitive climate as top companies are directing their energies towards elevating their R&D capabilities. Moreover, some players in this market are also engaging in efforts towards establishing sustainable agriculture practices in key cocoa producing regions.

Industry Developments:

• July 2020:  Mars, Incorporated announced its collaboration with World Agroforestry and the International Fund for Agricultural Development to initiate a 5-year-long research project called Sustainable Farming in Tropical Asian Landscapes. The project will be directed towards sustainably connecting small-scale cocoa and palm oil producers in Indonesia and the Philippines to global supply chains.
• October 2019:  India-based ITC Limited released the world’s most expensive chocolate under its Fabelle brand. Priced at INR 4.3lakh per kilogram, the limited edition luxury chocolate dubbed ‘Trinity – Truffles Extraordinaire’ entered into the Guinness Book of World Records as the world’s costliest chocolate product.

Market Overview:

The global cannabidiol (CBD) market size was USD 7.59 billion in 2023 and is projected to grow from USD 11.16 billion in 2024 to USD 202.45 billion in 2032 at a CAGR of 43.66% during the forecast period 2024-2032. North America dominated the cannabidiol market with a market share of 47.04% in 2023. Moreover, the cannabidiol market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 78.74 billion by 2032, driven by rising liberalization in laws related to the use of cannabidiol products and increase consumer acceptance.

According to a report titled "Cannabidiol (CBD) Market, 2024-2032" by Fortune Business Insights, the CBD market was valued at USD 7.59 billion in 2023. The report highlights factors driving market growth, such as the increasing number of product approvals by the FDA and other regulatory bodies, as well as the rising demand for CBD among health and fitness enthusiasts. For example, a 2018 report by the Harvard Health Institute indicates that CBD is widely used to alleviate health issues like anxiety and insomnia.

List of the Companies Profiled in the Global Market:

• Medical Marijuana Inc. (California, U.S.)
• Cannoid, LLC (Colorado, U.S)
• Isodiol International Inc. (Vancouver, Canada)
• ENDOCA (Chicago, U.S.)
• Folium Biosciences (Texas, U.S.)
• Nuleaf Naturals Llc. (Colorado, U.S)
• Pharmahemp d.o.o (Slovenia, Europe)
• Elixinol Global (Sydney, Australia)
• CV Sciences (California, U.S.)
• Medterra CBD (California, U.S.)

Market Segmentation:

The market is segmented based on source into marijuana and hemp . In terms of application, it is divided into food & beverages , pharmaceuticals , pet care , cosmetics , and others . Among these, the pharmaceuticals segment is anticipated to dominate the global cannabidiol (CBD) market during the forecast period, driven by ongoing efforts to develop innovative medical products across the global pharmaceutical sector. Regionally, the market is classified into North America , Europe , Asia-Pacific , South America , and the Middle East & Africa .

What does the Report Provide?

The global market report offers an in-depth analysis of the key factors driving and challenging market growth. It provides detailed regional insights, illustrating the contributions of various areas to the market’s overall development. The report also examines the competitive landscape, spotlighting strategies such as product launches, partnerships, and collaborations adopted by leading companies to fuel growth. Leveraging analytical tools like PORTER’s Five Forces and PESTEL analysis, it identifies emerging trends and industry developments expected to influence the market from 2024 to 2032. With up-to-date and comprehensive data, the report equips businesses with the essential insights needed to develop effective, data-driven strategies.

Source: https://www.fortunebusinessinsights.com/cannabidiol-cbd-market-103215

DRIVING FACTORS:

Increasing FDA Approvals for CBD Products to Promote Market Growth

Prominent market players are focusing on launching innovative and advanced products to meet the high consumer demand for CBD. The increasing use of CBD in the production of medicines and consumer products is creating lucrative market opportunities. Moreover, growing government approvals for various CBD products are expected to support market growth. Additionally, manufacturers' proactive efforts to incorporate CBD into a wide range of food products are anticipated to drive the growth of the global cannabidiol market during the forecast period.

REGIONAL INSIGHTS

North America –  The region stood at USD 7.59 billion in 2023 and is anticipated to hold the highest position in the market in the forthcoming years. This is attributable to the favourable government policies that enable the commercialization of cannabidiol products in countries such as the U.S. and Canada.

Europe –  The market in the region is anticipated to showcase exponential growth backed by the rising sales of CBD products such as vaping, smoking, and edibles in the region between 2024 and 2032.

Dynamic Growth in Global CBD Oil Market Driven by Medicinal Acceptance, Regulatory Changes, and Innovation Amidst Quality and Competition Challenges

The global cannabidiol (CBD) oil market is experiencing dynamic growth driven by several key factors. One of the primary drivers is the growing acceptance of the medicinal uses of CBD, as more people recognize its potential health benefits, such as managing anxiety and pain, leading consumers to increasingly seek natural remedies. Additionally, changes in laws and regulations around CBD are significantly boosting market growth. As more regions legalize and regulate CBD products, businesses find new opportunities to invest and operate, demonstrating how policy changes are driving the market's expansion. Opportunities for further growth include the potential for CBD products to enter mainstream retail, making them more accessible to a wider audience. This move could enhance the market's reach and popularity. Furthermore, ongoing innovation and product diversification, such as developing new formulations and methods of use, present exciting opportunities for market expansion by meeting changing consumer preferences. However, the market faces several challenges. Ensuring high-quality control and accurate labeling is crucial, as poorly labeled or low-quality products can erode consumer trust and harm the market. Additionally, increasing competition among CBD manufacturers and retailers is making it difficult for new companies to establish themselves and gain market share. To succeed in this crowded market, companies need to differentiate themselves and adopt strategic positioning.

Cannabidiol (CBD) Market Trends:

The Cannabidiol (CBD) market is experiencing significant growth, driven by increasing consumer awareness of its potential health benefits, such as pain relief, anxiety reduction, and improved sleep. The global CBD market is projected to expand at a compound annual growth rate (CAGR) of over 43.66% in the coming years, fueled by the legalization of hemp-derived products in regions like North America and Europe.

Key trends include the rise of CBD-infused products in wellness and beauty sectors, with skincare, beverages, and edibles gaining popularity. The demand for full-spectrum and broad-spectrum CBD products is also growing, as consumers seek products with additional cannabinoids and terpenes for enhanced effects.

However, regulatory challenges and varying legal frameworks across regions remain hurdles. Companies are investing in research, quality control, and transparent labeling to build consumer trust. As the market matures, consolidation and partnerships are expected, with larger players entering the space. Overall, the CBD market is poised for sustained growth, driven by innovation and increasing acceptance.

COMPETITIVE LANDSCAPE

Major Companies Focus on Partnerships to Brighten Their Market Prospects

The global CBD market is highly competitive, with leading companies partnering with others to expand taheir product offerings and increase sales. Major companies are also working to stay relevant by merging with or acquiring other businesses, expanding their facilities, and collaborating. These strategies are expected to help the market grow in the coming years.

Industry Development:

February 2024 -   Jublee CBD, a global company that produces personal care products, introduced several CBD skincare lines, including body butters and bath salts.

Market Overview

The global gelatin market was valued at USD 3.07 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.03%, reaching USD 5.51 billion by 2032. The market is projected to rise from USD 3.20 billion in 2024. Europe led the global gelatin market in 2023, accounting for a dominant 41.04% share. In the U.S., the gelatin market is also anticipated to see strong growth, with its value estimated to reach USD 602.32 million by 2032. This growth is largely driven by increasing consumer demand for natural and clean-label ingredients across industries such as food and beverages, cosmetics, and more.

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 Report

• 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 Overview

The global confectionery market was valued at USD 206.97 billion and is expected to grow to USD 278.36 billion by 2032, reflecting a compound annual growth rate (CAGR) of 3.36% from 2024 to 2032. Europe led the market in 2023, accounting for a 38.38% share. The U.S. confectionery market is also set to experience notable growth, projected to reach approximately USD 36.09 billion by 2032. This growth is fueled by rising consumer interest in artisanal confectionery and the development of new production facilities across the region.

Rising health consciousness among consumers will play a key role in augmenting the growth of this market, shares Fortune Business Insights™ in its recent report, titled “ Confectionery Market Size, Share & Industry Analysis, By Type (Chocolate, Sugar, and Gums), Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Departmental Stores, and Online Retails), and Regional Forecast, 2024 – 2032 ”.

Chocolate bars and candies usually have a lot of artificial sweeteners. Because health problems related to lifestyle are on the rise, even people who love chocolate choose products with organic and natural ingredients. For example, a study by a Swiss chocolate company found that the value of organic chocolates in Western Europe is €30 million. This change in what people want will soon affect the chocolate market.

List of Key Players Covered in the Report:

• Super Confectionery
• Ezaki Glico Co., Ltd.
• The Hershey Company
• Mondelez International
• Ferrero SpA
• HARIBO GmbH & Co. KG
• Chocoladefabriken Lindt & Sprungli AG
• Meiji Holdings Co., Ltd.
• Nestle S.A.
• Barry Callebaut

Source: https://www.fortunebusinessinsights.com/industry-reports/confectionery-market-100542

According to the confectionery market report, the value of this market stood at USD 206.97 billion in 2023. The report further contains answers to the following questions:

• What are the major factors driving the market?
• What are the main hurdles that the market is facing and will face in the future?
• What are the key market segments?
• Which region or regions hold the largest potential for the market to grow?
• How are the competitive dynamics shaping the market?
• Who are the prominent players in this market, and what are their key strategies?

Market Driver

Hectic Lifestyles to Foster Sales Opportunities

As the global economy continues to grow, it is generating more employment opportunities and encouraging business development. This economic expansion enables greater access to education and skill-building, resulting in a larger workforce and increased demand for office space, particularly in major urban centers. However, the fast-paced lifestyle that accompanies this growth is contributing to rising levels of stress and poor health. In response, consumers are increasingly seeking convenient, healthier snack options that are low in sugar and fat. Chocolate has emerged as a top choice, not only for its taste but also for its potential health benefits. To meet this demand, companies are introducing sugar-free and organic chocolate products that cater to health-conscious consumers. Research from Loma Linda University supports these trends, showing that chocolate may enhance brain function, reduce stress, and decrease inflammation.

The Sweet Spot: Understanding the Confectionery Market

The confectionery market covers many types of sweets like chocolates and candies, worth billions, and growing every year. People are buying more sweets because they enjoy them and find comfort in them.

Trends Driving the Market

1. Healthier Options

People want candy that's not just tasty but also good for them. They look for sweets with less sugar, that are organic, or that use natural ingredients. This has made it easier to find healthier candy choices.

2. Expensive and Unique

People are ready to spend more on candy that's special and made by hand. They enjoy buying high-quality, unique candies that give them a special experience.

3. Creative Flavors

Candy companies are always coming up with new flavors and ways to make candy. From candies with exotic fruits to spicy-sweet ones, there's a lot of creative candy out there to try.

Regional Analysis

Europe to Lead the Pack; Asia-Pacific to Showcase Excellent Growth Trajectory

Europe is expected to lead the confectionery market with 39% market share in 2018, mainly due to high demand for premium chocolate products. People want unique and high-quality sweets and are ready to pay for them, leading companies to improve their products in Europe. Asia-Pacific also has great potential for growth because of more money available, a growing number of young and working people, and fast city growth. This has led many companies to try to enter the Asian market, especially China and India, by using various strategies.

Competitive Landscape

Launch of Natural Extracts-derived Products to Spur Competition

The candy market is expected to be very competitive as companies try to keep up with the increasing demand for organic candies. They are also looking to sell their products in more countries by launching new items.

Industry Developments:

• May 2023:  Ferrero North America, one of the leading chocolate manufacturers in the U.S., announced new products and seasonal product lines, including products, such as Kinder Chocolate, at the annual expo of sweets & snacks in Chicago.

Market Overview

The global meat substitutes market was valued at USD 7.24 billion In 2024. It is expected to grow from USD 7.87 billion in 2025 to USD 16.13 billion by 2032, reflecting a CAGR of 10.78% over the forecast period. Europe led the market, accounting for 42.27% of the total share in 2024.

According to the study, plant-based products have become sought-after in minimizing the issues of dependence on livestock production for meat products. Clean meat substitutes will gain further traction with the rising trend of vegan and vegetarian diets. Environment-friendly food products will continue to be sought globally.

Major Players Profiled in the Report:

• Beyond Meat (U.S.)
• Impossible Foods (U.S.)
• Kellogg Company (U.S.)
• Tyson Foods (U.S.)
• JBS SA (Brazil)
• Conagra Brands, Inc. (U.S.)
• Hain Celestial Group (U.S.)
• Unilever Group (U.K.)
• Nestle S.A. (Switzerland)
• Sunfed (New Zealand)

Source: https://www.fortunebusinessinsights.com/industry-reports/meat-substitutes-market-100239

Segments

Soy-based Ingredients to Remain Dominant with Growing Demand from the Vegan Population

Based on the source, the market is categorized into wheat-based ingredients, soy-based ingredients, other grain-based ingredients, and textured vegetable proteins. The soy-based ingredients segment is expected to maintain its dominance, driven by increasing demand among vegan and vegetarian consumers. Additionally, the rising popularity of soy products like tofu and tempeh in North America and Europe is further fueling the adoption of these ingredients.

Mass Merchandiser to Grow with Easy Product Availability

With respect to distribution channel, the market is segmented into other retail channels, mass merchandisers, online retail, specialty stores, and food service. The mass merchandisers segment will exhibit notable growth due to easy availability and prevalence of discounts.

Report Coverage

The report offers a comprehensive analysis of market size, share, revenue, and volume, incorporating both qualitative and quantitative assessments. It includes an in-depth SWOT analysis and examines the market from a holistic perspective. Primary interviews validate key assumptions, findings, and current business scenarios, while secondary sources such as annual reports, press releases, white papers, and journals provide additional insights. Additionally, the report explores pre- and post-COVID-19 impacts for a well-rounded market outlook.

Drivers and Restraints

Advanced Form of Packaging Design to Reinforce Growth Potentials

Both developed and developing countries are showing a growing preference for clean-label products with carbon footprint labeling. In particular, Millennials and Gen Z are driving demand for innovative, eco-friendly packaging solutions. The rising health consciousness among consumers is expected to boost the market for meat substitutes over the forecast period. Additionally, increasing awareness about the health risks associated with red meat, such as cardiovascular disease, diabetes, and cancer, is further encouraging the shift toward plant-based protein options. However, challenges in replicating the color and flavor of meat remain key obstacles that could hinder market growth.

Regional Insights

Europe to Gain Prominence from Soy-based Ingredients

Stakeholders anticipate Europe to witness investments abound with the rising trend for soy-based ingredients and wheat-based ingredients. With a notable shift toward a sustainable trend, plant-based products will be sought across the U.K., France, Germany, and Italy. The growing trend for gluten-free and vegan diets will bode well for regional growth.

The Asia Pacific meat substitutes market growth will be pronounced with rising emphasis on the vegan population. Moreover, consumers have spurred investments in high-quality, nutritious, and protein-rich food products. With the growing focus on sustainability, hotels and restaurants could invest in plant-based products.

North America could contribute notably toward the global market share due to the soaring popularity of vegan meat burgers and sausage. Manufacturers of meat substitutes are likely to inject funds into nutritious, tastier, and high-quality plant-based products. Clean products are expected to gain ground across online channels and will continue to be sought across retail food chains.

Competitive Landscape

Stakeholders Invest in Mergers & Acquisitions to Boost Portfolios

Major companies could invest in product launches, mergers & acquisitions, and technological advancements to bolster their footprint. Besides, an influx of funds into R&D activities will encourage well-established players and new entrants to propel their portfolios.

KEY INDUSTRY DEVELOPMENTS:

April 2024: Nasoya, a pioneer in the plant-based foods revolution, expanded into the new plant-based meat category with the launch of Plantspired Plant-Based Chick'n. The new product is available in two flavors: Bee-Free Honey and Kung-Pao.

February 2024:  Beyond Meat announced plans to launch a newer version of plant-based meat alternative-based burger in retail grocery stores in the U.S.

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.