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
- 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.
- 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.
- 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 India biostimulants market size was valued at USD 355.53 million in 2024 . The market is projected to grow from USD 410.78 million in 2025 to USD 1,135.96 million by 2032 , exhibiting a CAGR of 15.64% during the forecast period. There is a rising demand for organic farming and an increasing yield per hectare investment to bolster market development. Fortune Business Insights™ provides this information in its report titled “ India Biostimulants Market, 2025-2032. ”
Biostimulants are biologically-derived substances applied to soil or plants to improve biotic and abiotic stress tolerance, nutrient uptake ability, and pest protection. Robust demand for organic foods fuels the adoption of organic farming, which, in turn, may boost the product’s adoption. Further, rising investments to improve yield per hectare may bolster the product’s demand. These factors may propel the India biostimulants market share in the coming years.
List of Key Players Profiled in the Report:
- Rallis India Ltd. (India)
- Gujarat State Fertilizers & Chemicals Limited (India)
- PI Industries (India)
- Bayer AG (Germany)
- UPL Limited (India)
- FMC Corporation (U.S.)
- BASF SE (Germany)
- Southern Petrochemical Industries Corporation (India)
- Novozymes (Denmark)
- Syngenta (Switzerland)
Segments
By source, the market is bifurcated into microbial and non-microbial. As per active ingredient, it is classified into seaweed extracts, humic substances, vitamins & amino acids, microbial amendments, and others. Based on application, it is classified into foliar treatment, soil treatment, and seed treatment. Based on crop type, it is clubbed into row crops, fruits & vegetables, turf & ornamentals, and others.
Source: https://www.fortunebusinessinsights.com/india-biostimulants-market-106785
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.
Drivers and Restraints
Risks Associated with Synthetic Chemicals Adoption in Agriculture to Bolster Market Development
Pesticides and fertilizers have been used extensively in the agricultural sector due to their effectiveness. However, concerns regarding their risks to human health have increased the adoption of organic counterparts. Biostimulants are a highly effective and organic alternative to chemical farming that improve crop quality and are completely safe. Furthermore, the rising demand for organic foods from the population fuels the adoption of chemical-free products. Moreover, increasing government support for the adoption of organic farming may boost product adoption. Additionally, the rising awareness among farmers regarding agrochemicals is expected to drive the India biostimulants market growth.
However, sub-optimal marketing and commercialization of the product may hinder the market’s progress.
Competitive Landscape
Companies Launch Novel Products to Bolster Brand Image
The prominent companies operating in the market announce novel products to boost their convenience and enhance their brand image. For example, Tradecorp announced its biostimulant Biimore, known as Quikon, in India in October 2021. It is used to develop pre-flowering in broadacre legume crops, tree crops, and horticultural crops. This development may enable the company to enhance its brand image. Furthermore, companies adopt research and development, mergers, acquisitions, expansions, and attractive pricing to boost their market position.
Key Industry Development
- March 2023: Telluris Biotech, a Hyderabad-based company engaged in the manufacturing and supplying of crop protection solutions, planned to raise USD 12 million. The company has received provisional registration for its biostimulant products and plans to increase crop productivity and quality through new launches and certifications.
Market Size:
The global beef market size was valued at USD 459.87 billion in 2024. The market is projected to grow from USD 484.75 billion in 2025 to USD 656.44 billion by 2032, exhibiting a CAGR of 4.43% during the forecast period. North America dominated the beef market with a market share of 39.08% in 2024.
Fortune Business Insights™ reports that the growing consumer preference for animal-based protein products is expected to drive market growth from 2025 to 2032.
List of Key Market Players:
- JBS SA (Brazil)
- National Beef Packing Company, LLC (U.S.)
- American Foods Group, LLC. (U.S.)
- Agri Beef Co. (U.S.)
- Perdue Farms Inc. (U.S.)
- Tyson Foods, Inc. (U.S.)
- Strauss Brands LLC (U.S.)
- Cargill, Incorporated(U.S.)
- Central Valley Meat (U.S.)
- Danish Crown A/S (Denmark)
Segmentation-
The beef market is segmented based on cut type, including ground beef, roasts, steaks, and other variations. It is further categorized by distribution channels, such as retail outlets, HoReCa (hotels, restaurants, and cafés), and butcher shops. Regionally, the market is divided into major areas: Asia Pacific, North America, Europe, and the Middle East & Africa.
Report Coverage-
The report offers a detailed look at the beef market, focusing on major companies, different beef cuts, and distribution channels. It also provides market insights and highlights important industry developments. Additionally, the report covers other factors that have contributed to the market's growth in recent years.
Source: https://www.fortunebusinessinsights.com/beef-market-106640
Drivers & Restraints-
Increasing Beef Consumption and Sales to Augment Market Growth Worldwide
The global meat distribution network is rapidly expanding, and this trend is expected to drive growth in the beef market over the coming years. Increasing consumer preference for dining out at cafes, hotels, and restaurants is boosting meat demand within the foodservice sector. Additionally, the rise of online platforms offering a broad selection of products and attractive discounts is set to further accelerate the sales of fresh and chilled meat.
On the other hand, growing environmental concerns—particularly regarding the greenhouse gas emissions linked to animal farming—are encouraging efforts to reduce meat consumption. As a result, a potential decline in livestock farming may present challenges to the long-term growth of the beef market.
Beef Market Future Outlook
- Rising Demand : Global demand for beef is projected to grow, driven by population growth and shifting dietary preferences, particularly in developing nations.
- Sustainability Concerns : With increasing awareness of environmental issues, consumers are likely to push for more sustainable farming practices within the beef industry.
- Technological Advancements : Innovations in farming technology are expected to enhance production efficiency, helping meet rising demand while lowering costs and reducing environmental impact.
- Health Trends : The growing focus on leaner meat options may influence beef production strategies, leading to a shift in product offerings to align with health-conscious consumer preferences.
Competitive Landscape-
Key Players Adopt New Growth Strategies to Stay Ahead of the Competition
The global beef market is dominated by a few major corporations, with companies like Cargill Inc., JBS SA, Tyson Foods Inc., LLC, National Beef Packing Company, and Danish Crown A/S leading the competition to boost revenue. To drive market growth, these companies are adopting strategies focused on product innovation and expanding their manufacturing operations geographically.
In addition, they are working to integrate their supply chains to gain greater control over production processes. Blockchain technology is being utilized to monitor cattle health and ensure product safety. Manufacturers are also focusing on developing innovative solutions to cater to diverse consumer tastes and preferences across different regions, in response to the growing demand for unique meat products.
Beef Market Trends
- Rising Demand : Global demand for beef is on the rise, with consumers increasingly seeking higher-quality meat, which in turn drives prices upward.
- Health-Conscious Choices : A growing number of consumers are opting for leaner cuts of beef, influencing the types of products that are marketed and sold.
- Sustainable Practices : In response to consumer demand for eco-friendly options, many producers are adopting sustainable farming methods.
- Price Fluctuations : The beef market is subject to regular price fluctuations, driven by factors such as weather conditions, feed costs, and disease outbreaks.
Notable Industry Development-
April 2023 - Aleph Farms, one of the leading cultivated meat producers, announced plans to launch its brand Aleph Cuts with beef products, such as Petit Steak. The company was planning to launch these products in Israel and Singapore.
Market Overview
The global honey market size was valued at USD 8.94 billion in 2023 and is projected to grow from USD 9.40 billion in 2024 to USD 15.59 billion by 2032, exhibiting a CAGR of 6.52% during the forecast period 2024-2032. Moreover, the honey market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.89 billion by 2032, driven by the growing number of beekeepers in the country, coupled with rising demand for natural sweeteners. Asia Pacific dominated the honey market with a market share of 100% in 2023.
In the United States, the honey market is also poised for substantial growth, with projections indicating it will reach USD 1.89 billion by 2032 . This rise is largely attributed to an increasing number of beekeepers and a growing preference for natural sweeteners.
Asia Pacific led the global market in 2023, capturing the entire market share . The surge in demand for organic and healthier sugar alternatives continues to be a key driver of growth across regions.
List of Key Companies Profiled in the Report:
- Bee Maid Honey Limited (Canada)
- Comvita Limited (New Zealand)
- Capilano Honey Ltd. (Australia)
- Dabur India Ltd. (India)
- Billy Bee Honey Products (Canada)
- New Zealand Honey Co. (New Zealand)
- Barkman Honey LLC (U.S.)
- Yamada Bee Company (Japan)
- Dutch Gold Honey Inc. (U.S.)
- Golden Acres Honey (Canada)
Industry Trends:
Growing Demand for Organic Products: Consumers in developed markets such as Europe, the U.S., and Japan are increasingly opting for organic honey, reflecting a broader shift toward clean-label and natural products.
Innovation in Health and Wellness: New honey-based health products, including supplements and functional beverages—like Singapore’s “Honey Exir”—are expanding the market’s reach and appeal.
Technological Advancements: Automation in honey extraction and filtration processes is enhancing product quality and operational efficiency across the supply chain.
Post-Pandemic Health Consciousness: Increased awareness of honey’s antiviral and immune-boosting properties has led to a notable rise in consumption following the COVID-19 pandemic.
Source: https://www.fortunebusinessinsights.com/industry-reports/honey-market-100551
Segments
Buckwheat Segment to Dominate Attributable to High Nutritional Value
By type, the market is segmented into alfalfa, buckwheat, wildflower, clover, acacia, and others. The buckwheat segment is expected to dominate due to its high nutritional value.
Food & Beverage Segment to Dominate Attributable to its Increasing Applications
Based on application, the market is classified into food & beverages, personal care & cosmetics, pharmaceuticals, and others. The food & beverage segment is expected to dominate due to its increasing applications.
Bottle Segment to Lead Owing to Easy Transportation
By packaging, the market is categorized into glass jar, bottle, tub, tube, and others. The bottle segment is expected to lead the market due to its easy transportation.
Regionally, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage
The report gives an in-depth view of the leading segments and the latest trends in the market. It looks at what is driving market growth and what is hindering it, including the impact of COVID-19. It also discusses developments in various regions and the strategies used by major companies in the market.
Market Growth
The global honey market is steadily growing, driven by increasing consumer awareness of honey’s health-promoting properties, such as its antioxidant, anti-inflammatory, and antibacterial effects. As a natural alternative to refined sugars and artificial sweeteners, honey is gaining popularity, especially in the food and beverage sector. Its therapeutic qualities are also boosting demand in the cosmetics and pharmaceutical industries. Premium varieties like manuka and organic honey are seeing a surge in popularity, often fetching higher prices. Furthermore, the rise of e-commerce and global trade is helping to fuel the market’s continued expansion.
Drivers and Restraints
Rising Adoption of the Product for Natural Sweeteners Production to Foster Market Growth
Honey is widely regarded as a healthier alternative to sugar, valued for its healing properties like soothing sore throats and supporting immune health. With a growing number of consumers choosing honey as a natural sweetener, demand is projected to increase. Health-conscious lifestyles, rising incomes, and a shift toward organic products are all contributing to its growing popularity. Additionally, honey’s applications in medicine are expected to boost sales further.
However, potential changes or adulteration of the product could present challenges to sustained market growth.
Regional Insights
Rising Production of Nectar to Propel Market Growth in Asia Pacific
Asia Pacific is expected to lead the honey market due to its high production levels. In 2021, the market in this region was valued at USD 2.86 billion and is projected to capture a large share of the global market in the coming years. Government investments in beekeeping are also likely to boost market growth. For instance, in May 2020, the Indian government allocated nearly USD 68 million for beekeeping under the Atma Nirbhar Bharat initiative.
In Europe, increasing awareness of honey's health benefits is expected to drive its adoption. Changing consumer preferences and a rise in the consumption of organic products may further promote market growth.
In North America, the growing number of beekeepers in Canada and the U.S. is expected to increase product demand. Additionally, strong demand for organic products is enhancing industry growth.
Competitive Landscape
Companies Devise Novel Product Launches to Elevate Brand Image
Top companies are releasing new products to boost their brand image and increase sales. For instance, in January 2022, Tayima Foods launched I'M HONEY, an organic and raw honey in various flavors with significant medicinal benefits. This product is sold on online platforms like Amazon and is anticipated to increase Tayima's sales and expand their global reach. Moreover, companies are also focusing on mergers, partnerships, expansions, and research and development to fuel market growth.
Honey Market Outlook
- Growing demand: Global demand for honey is on the rise. Consumers are increasingly aware of the health benefits and natural muscle tone.
- Health notes: Honey is often considered a healthy alternative to refined sugar. This trend is leading more people to choose honey in their diet.
- Sustainability focus: More focus on sustainable and organic products. Beekeeping, which supports environmental health, is on the rise.
- Product innovation: New products such as fermented foods and beverages are emerging. This diversity of brands creates widespread appeal and increases sales.
KEY INDUSTRY DEVELOPMENTS:
January 2024: Apis India launched organic honey, which is made of honey sourced from organic-certified lands in India.
March 2023: Bagrrys India, a leading honey manufacturer, launched Bagrry’s Organic Wild Honey. The product is available in glass jars across all retail outlets in the country.
Market Overview:
The global dry fruits market size was USD 6.71 billion in 2023 and is projected to grow from USD 6.96 billion in 2024 to USD 10.41 billion by 2032, exhibiting a CAGR of 5.16% during the forecast period 2024-2032. Europe dominated the dry fruits market with a market share of 28.32% in 2023. Moreover, the dry fruits market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.12 billion by 2032, driven by the emerging trend of better-for-you products, which has ultimately increased dried fruits adoption in various food sectors across the region.
LIST OF KEY COMPANIES PROFILED
- Manassen Foods Australia Pty Ltd. (New South Wales, Australia)
- Olam International Limited (Singapore)
- Ocean Spray Cranberries, Inc. (Massachusetts, U.S.)
- Bergin Fruit and Nut Company, Inc. (Minnesota, U.S.)
- Sunsweet Growers, Inc. (California, U.S.)
- National Raisin Company (California, U.S.)
- Sun-Maid Growers of California (California, U.S.)
- Angus Park Fruit Company Pty Ltd (North SA, Australia)
- Graceland Fruit, Inc. (Michigan, U.S.)
- Murray River Organics (Victoria, Australia)
Source: https://www.fortunebusinessinsights.com/industry-reports/dry-fruits-market-100544
Market Segments :
The global market is classified by type into table dates, dried grapes, dried figs, dried apricots, prunes, and dried cranberries. Dried grapes are expected to hold the largest share during the forecast period due to their extensive variety of healthy snacks. They are also a great value in the international food service industry due to their utilization in a range of bakery products and desserts.
The market is divided into bakery, confectioneries, breakfast cereal, and snacks based on application. The bakery segment is expected to hold the lion’s share during the forecast period. The growth is attributed to the high demand for healthy baked goods such as gluten-free, vegan, and fiber-rich cakes and muffins
Based on geography, the market is categorized into North America, Asia Pacific, the Middle East and Africa, and Latin America.
The report on the fruit market involves :
- Through analysis of all the sections in the market
- Informative data and figures
- Market trends and drivers
- Meticulous information about prominent companies
- Key development
- COVID-19 impact
Driving Factor :
Surging Demand for Organic Snacking Options to Encourage Growth
The rising consumer preference for natural and minimally processed organic food products is expected to drive strong growth in the dry fruit market. Growing demand for convenient, small-sized mixed dried fruit packs, snack bars, and breakfast bars containing whole or lightly processed dried fruits is contributing significantly to this upward trend. Additionally, the increasing popularity of breakfast cereals such as muesli and granola, which often feature organic dried fruits as key ingredients, is creating further growth opportunities.
Awareness of the nutritional value of clean-label and organic dried fruits is also playing a crucial role in boosting market expansion. Moreover, advancements in food safety and quality control—particularly through technologies like freeze-drying—are enhancing product quality. The rising use of freeze-dried fruits in breakfast cereals and baked goods is expected to further support the development of the dry fruit industry.
Regional Insights :
Rising Demand for Confectionery and Snacks to Aid Market in Europe
Asia Pacific is expected to hold a significant share during the forecast period due to consumers' increased discretionary income levels. The increasing spending capacity of consumers will further benefit the dry fruit market in the forthcoming years. Moreover, the growing awareness regarding the health benefits of dried fruits will aid the expansion of the market in China, India, and Vietnam. Europe is expected to hold the lion’s share during the forecast period due to the growing demand for dried grapes, table dates, and dried apricots in European countries. North America is expected to expand gradually in the forthcoming years due to the need for healthy baked goods, confectionery, and snacks in the region. The Middle East and Africa is expected to rise exponentially during the forecast period due to the growing production of dried fruits in Saudi Arabia and Iran.
KEY INDUSTRY DEVELOPMENTS
December 2020- Great Value Foods LLP owned brand ORCO launched a range of organic dry fruits free from any impurity and artificial colors.
February 2018 – Peyman Kuruyemis, a Turkish producer of dried fruits, nuts, and seeds has expanded its production capacity by building a new production facility for dried fruits.
Market Size:
The global non-alcoholic beverages market was valued at USD 919.13 billion in 2019 and is expected to reach USD 1,601.87 billion by 2032, registering a CAGR of 6.84% over the forecast period. The U.S. non-alcoholic beverages market is anticipated to see substantial growth, with its value projected to reach approximately USD 225.62 billion by 2030. In 2019, North America led the global market, accounting for a 21.71% share.
The global non-alcoholic beverages market size is anticipated to rise significantly on account of the current trend of health and fitness and the rising inclination towards healthy beverages. As per a recent published report by Fortune Business Insights titled, “Non-alcoholic Beverages Market Size, Share & Industry Analysis, By Type (Carbonated Soft Drinks, RTD Coffee & Tea, Bottled Water, and Fruit Beverages), Distribution Channel (Supermarket/ Hypermarket, Food Services Sector, Convenience Stores, Specialty Stores, and Online Retails), and Regional Forecast, 2020-2032,”
List of Companies Profiled in the Report:
- Pepper Snapple Group, Inc. (Texas, U.S.)
- Monster Beverage Corp (California, U.S.)
- PepsiCo, Inc. (New York, U.S.)
- ITO EN Ltd (Tokyo, Japan)
- The Coca-Cola Company (Georgia, U.S.)
- Reed’s, Inc. (Norwalk, U.S.)
- The Kraft Heinz Company (Chicago, U.S.)
- Appalachian Brewing Co. (Harrisburg, U.S.)
- Nestle S.A. (Vevey, Switzerland)
- Arca Continental SAB de CV (Monterrey, Mexico)
The Report is based on the following factors:
- A 360-degree overview of the market focusing on drivers, restraints, challenges, and upcoming opportunities
- Nature of market and list of key players operating in the market for non-alcoholic beverages
- Detailed list of segmentation with names and figures of leading segments
- Future of the market
Source: https://www.fortunebusinessinsights.com/industry-reports/non-alcoholic-beverages-market-101927
Drivers & Restraints-
Increasing Popularity of Refreshment Drinks to Aid in Favor
The increasing incidence of both acute and chronic health conditions has prompted consumers to embrace healthier lifestyles, which include regular physical activity and the intake of nutritious food and beverages. This growing health consciousness is a key driver behind the expansion of the global non-alcoholic beverages market. Furthermore, the rising demand for refreshing drinks and the continuous launch of innovative flavors are expected to propel market growth in the coming years.
Nevertheless, the industry may encounter challenges such as fluctuating prices of raw materials—especially seasonal fruits—and possible disruptions in supply chains. Despite these hurdles, the growing prominence of e-commerce platforms and the rising production of soft drinks to satisfy consumer demand are set to present significant growth opportunities for the market moving forward.
Segmentation-
Carbonated Soft Drinks Segment Emerged Dominant Owing to its Refreshing Properties
Among all segments in type, the carbonated soft drinks segment earned 39.80% share in 2019 and emerged dominant. This segment is holding the largest non-alcoholic beverages market share on account of its refreshing properties and cost-efficiency.
Regional Analysis-
Asia Pacific Held Largest Shares Attributing to Rising Disposable Income of People
Among all regions, Asia Pacific held the largest non-alcoholic beverages market share in 2019. This is attributable to the increasing modernization and adoption of western habits among people that resulted in rise in expenditure on beverage products. On the other side, the North American market earned USD 199.53 billion and will showcase significant growth in the coming years on account of rising demand for sports drinks and RTD beverages in the region. Besides this, the Europe market will witness a notable growth on account of the decline in consumption of alcoholic beverages and increasing popularity of ‘better-for-you” products, thereby promoting the consumption of healthy soft drinks.
Non-Alcoholic Beverages Market Future Outlook* Growing Health Consciousness: More consumers are focusing on health and wellness. This trend is driving demand for low-calorie and sugar-free options.
- Diverse Product Range: The market is expanding with innovative flavors and formulations. Brands are introducing everything from sparkling waters to herbal teas to meet diverse tastes.
- Sustainability Focus: Eco-friendly packaging is becoming a priority. Many brands are adopting sustainable practices to appeal to environmentally conscious consumers.
Competitive Landscape-
Coca-Cola Company is Dominating Market Attributing to Continuous Innovations
The global non-alcoholic beverages market is dominated by a few major players, including Nestlé S.A., The Coca-Cola Company, and PepsiCo Inc., who collectively hold a significant market share. Among them, The Coca-Cola Company stands out for its continuous innovation in product offerings, such as its VitaminWater range, probiotic drinks, fermented beverages, and ready-to-drink (RTD) solutions. For example, in March 2019, Coca-Cola introduced a Jaljeera-flavored beverage in India, catering to local taste preferences.
Other leading companies are also actively focusing on new and innovative product launches to strengthen their market position. In addition to innovation, many businesses are adopting collaborative strategies—such as partnerships, joint ventures, agreements, and contracts—to expand their market presence and achieve strong revenue growth in the years ahead.
Industry Developments:
December 2019 – The launch of a greenhouse accelerator program in 2020 was announced in North America by PepsiCo Co. to help smart startup companies provide the base for following up with the current trends in the non-alcoholic beverage segment and earn a position in the market competition.
Report Overview
The global eggs market was valued at USD 150.83 billion in 2024. It is expected to grow from USD 158.81 billion in 2025 to USD 222.86 billion by 2032, with a CAGR of 4.96% during the forecast period. The U.S. eggs market is projected to expand significantly, reaching an estimated USD 24.81 billion by 2032, driven by increasing demand for healthy protein sources. Asia Pacific led the market in 2024, holding a 59.56% share.
The eggs market has been evolving and adapting to new PETA-friendly methods due to the rapidly changing consumer base. Different types of eggs in the market, including organic, cage-free, and free-range, are gaining prominence. The nutritional benefits associated with eggs have significantly increased their consumption rate globally, and is expected to drive market growth during the forecast period.
Fortune Business Insights presents this information in their report titled “ Eggs Market, 2025-2032 .”
List of Key Players Present in the Report :
- Cal-Maine Foods, Inc. (U.S.)
- Rose Acre Farms Inc. (U.S.)
- Hillandale Farms (U.S.)
- Versova Holdings LLP (U.S.)
- Daybreak Foods (U.S.)
- CP Group (Thailand)
- Beijing Dequingyuan Agricultural Technology Co. Ltd. (China)
- Ise Inc. (Japan)
- Arab Company of Livestock Development (ACOUD) (Saudi Arabia)
- Gemperle Family Farms (U.S.)
Segments:
Conventional Eggs Maintain Market Leadership, Fueled by Production Efficiency and Widespread Availability
By product type, the market is segmented into conventional, cage-free, organic, and free-range. The conventional segment is projected to hold a significant market share during the forecast period. The growth is attributed to the high availability of conventional eggs due to their increased production rate.
Easy Accessibility and Hypermarket Convenience Propel Retail Segment's Share
The market is segmented into two main categories: food service and retail, which includes large supermarkets, hypermarkets, grocery shops, online retailers, and more. It is projected that the retail category will dominate the market throughout the forecast period, primarily because grocery stores are easily accessible. Additionally, the increasing convenience offered by large supermarkets and hypermarkets will contribute to the growth of this category.
Geographically, the market is studied across North America, Europe, Asia Pacific, South America, the Middle East, and Africa.
Source: https://www.fortunebusinessinsights.com/eggs-market-108483
Report Coverage
The report highlights the main reasons behind market growth, the challenges it faces, opportunities for expansion, and potential obstacles. It provides an in-depth look at regional developments, lists major industry players, and explains their key strategies. It also covers the latest industry news, including new product launches, partnerships, mergers, and acquisitions.
Eggs Market Future Outlook
- Growing Demand: The global demand for eggs is expected to rise. This trend is driven by a growing population and increasing health consciousness among consumers.
- Sustainability Practices: More farms are adopting sustainable practices. This shift will likely appeal to eco-conscious buyers and could boost market growth.
- Innovative Products: The market is seeing an increase in innovative egg products. Examples include organic, free-range, and fortified eggs, catering to diverse consumer preferences.
- Technological Advancements: Advances in farming technology may improve production efficiency. This can lead to lower costs and potentially higher profit margins for producers.
Drivers & Restraints
Market Flourishes as Health Awareness Spurs Consumption and Government Backing Boosts Growth
Since the pandemic, egg consumption has increased across various demographic groups, driven by a heightened focus on health and nutritious diets. Government campaigns promoting the health benefits of eggs have also played a key role in fueling this market growth.
However, rising global temperatures caused by climate change are expected to negatively impact egg production worldwide, posing a potential challenge to the market's continued expansion.
Regional Insights
Asia Pacific Takes the Lead as China and India Steer Consumption and Production Trends
Asia Pacific holds the largest eggs market share and is anticipated to continue its dominance during the projected period. The growth in the region can be attributed to the high consumption rate of eggs in India, China, and Japan, with China and India being prominent egg producers.
North America is also estimated to hold a major share of the market due to increased egg consumption in North American countries, including Mexico and the U.S.
Market Trends and Insights
In recent years, the egg market has experienced several significant trends influencing consumer preferences and purchasing behavior. One prominent trend is the increasing demand for organic and free-range eggs, driven by consumers' growing concerns about sustainability and animal welfare. In response, many egg producers have broadened their offerings to include these products, catering to this expanding segment.
Another noteworthy development is the rise of specialty eggs, such as omega-3 enriched and pasteurized eggs. These options provide added health benefits and enhanced food safety, attracting consumers seeking premium-quality products. Additionally, innovations in packaging technology have improved convenience in accessing and storing eggs, further contributing to the market's growth.
Competitive Landscape
Increasing Technological Investments by Key Players to Propel Market Growth
Major companies in the market, such as Cal-Maine Foods, Hillandale Farms, and Rose Acre Farms, are heavily investing in new technologies to improve the production of organic eggs. These efforts are anticipated to drive market growth in the coming years.
KEY INDUSTRY DEVELOPMENTS:
June 2022: ISE Food Inc., one of the leading egg producers in Japan, announced its expansion into the Indian market by launching its products in several retail channels in India. The launch aims to cater to the growing Indian egg market.
Report Overview:
The global pasta market was valued at USD 68.35 billion in 2023 and is expected to grow to USD 100.24 billion by 2032, with a compound annual growth rate (CAGR) of 5.47% from 2024 to 2032. In 2024, the market is projected to reach USD 71.42 billion. The U.S. pasta industry is set for substantial growth, with an estimated market value of USD 12.96 billion by 2032, driven by increasing demand for convenient food options. Europe led the market in 2023, holding a dominant share of 29.54%.
Pasta is a largely consumed, easy-to-make, and affordable food product. The increasing and regular evolution of pasta propels the pasta market growth during the forecast period. The rising demand for instant food products, such as pasta and Western food culture adoption, is driving the market growth during the forecast period.
Fortune Business Insights™ mentioned this in a report titled “ Pasta Market, 2024-2032 .”
List of Key Players Present in the Report :
- Barilla G. e R. F.lli S.p.A. (Italy)
- Ebro Foods, S.A. (Spain)
- CAMPBELL SOUP COMPANY (U.S.)
- TreeHouse Foods, Inc. (U.S.)
- Unilever (U.K.)
- The Kraft Heinz Company (U.S.)
- BORGES INTERNATIONAL GROUP (Spain)
- Nestlé (Switzerland)
- F.lli De Cecco di Filippo S.p.A (Italy)
- Armanino Foods of Distinction (U.S.)
Report Coverage:
The research report presents a comprehensive analysis of the market, emphasizing critical elements such as the competitive landscape, product categories, raw materials, and distribution channels. It also explores emerging market trends and highlights significant industry developments. Furthermore, the report outlines various factors that have driven market growth in recent years.
Source: https://www.fortunebusinessinsights.com/pasta-market-102284
Segments:
Rising Dried Products Consumption to Propel Segment Growth
By product type, the market is segmented into dried, chilled, and canned. The dried segment is expected to dominate the market during the forecast period. The segment's growth is attributed to increasing consumption of dried products globally. The shelf life of dried products is also more than chilled and canned products.
Rising Need for Wheat Products to Boost Segment Growth
Based on raw material, the market is classified into wheat and gluten-free. The wheat segment is estimated to dominate the market during the forecast period due to the increasing need for wheat products globally. The availability of products in different shapes and sizes also drives segment growth during the forecast period.
Growing Accessibility of Products to Drive Segment Growth for Supermarkets/Hypermarkets
By distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, online stores, and others. The supermarkets/hypermarkets will dominate the market during the forecast period owing to increasing availability and convenience of choosing products from various options.
Geographically, the market is studied across North America, Europe, Asia Pacific, South America, the Middle East & Africa.
Drivers & Restraints:
Rising Consumer Interest in Western Cuisine to Propel Market Growth
The pasta market is projected to experience growth over the forecast period, fueled by the rising popularity of Western cuisine in Asian countries. The post-pandemic trend of experimenting with diverse and creative recipes is also expected to play a key role in driving demand. Moreover, the increased pasta consumption observed in countries like France, Germany, the U.S., and Italy during the pandemic has further supported the market’s expansion.
Market Trends and Innovations:
The pasta market is constantly evolving, with manufacturers introducing new flavors, shapes, and ingredients to cater to changing consumer preferences. From artisanal pasta made with ancient grains to innovative plant-based options, there is a pasta variety for every palate. In addition, the rise of online shopping has made it easier than ever to access a wide range of pasta products from around the world.
Regional Insights:
Growing Demand for Product to Boost Market Growth in Europe
Europe is estimated to hold the largest pasta market share during the forecast period. The growth is attributed to the increasing product demand in the region. Europe will also be the dominating region due to the launch of new varieties of gluten-free products in various shapes and forms.
Asia Pacific is expected to have the fastest growth rate during the forecast period due to the rising adoption of Western diets in the region.
Competitive Landscape:
Rising New Product Launches to Aid Market Growth
Key players in the market include Ebro Foods, S.A., Barilla G.e.R. F.lli S.p.A., and the Campbell Soup Company. These leading companies are actively launching new products to strengthen their market presence. In response to growing consumer demand for healthier options, many are focusing on developing gluten-free offerings to appeal to health-conscious consumers.
The Future Outlook of the Pasta Market: Trends & Growth
Pasta has been a cornerstone of global cuisine for generations, but what lies ahead for this timeless favourite? As we look toward 2024 and beyond, emerging trends and innovations are beginning to redefine the pasta industry. In this blog post, we’ll dive into the key drivers behind the market’s growth, the increasing popularity of alternative pasta options, and the shifting preferences of today’s consumers.
Current State of the Pasta Market
In recent years, the global pasta market has experienced a significant boom. Valued at approximately USD 73 billion in 2022, it is projected to grow at a CAGR of around 3.5% from 2023 to 2030. The rise in demand for convenient, ready-to-eat meals, the increasing popularity of Italian cuisine, and the growing health-conscious consumer base are all contributing to this growth.
Key Factors Influencing Growth
- Health Trends : As consumers become more health-conscious, demand for whole grain, gluten-free, and high-protein pasta is rising. Brands are innovating to offer healthier alternatives to traditional pasta, aligning with the wellness trend.
- Convenience : The busy lifestyles of modern consumers have fueled a growing demand for convenient meal options. Pasta, with products like microwaveable cups and pre-cooked varieties, perfectly meets this need.
- Sustainability : With a stronger focus on sustainability, many pasta manufacturers are adopting eco-friendly packaging and sourcing ingredients from sustainable farms. This not only attracts environmentally conscious consumers but also helps brands stand out in a competitive market.
Notable Industry Development:
February 2023 – Nuovo Pasta Production, one of the leading artisan pasta companies, announced the launch of its new plant-based product range, including a ravioli collection and fresh organic pasta products, at the Natural Products Expo West 2023.



