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 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.

Market Overview

The global vegetable seeds market was valued at USD 8.45 billion in 2024 . It is expected to expand from USD 8.91 billion in 2025 to USD 12.88 billion by 2032 , reflecting a compound annual growth rate (CAGR) of 5.40% during the forecast period (2025-2032). Asia Pacific led the market, holding a 10.06% share in 2024 .

The global vegetable seeds market is poised for growth, driven by rising awareness of the health benefits associated with vegetable consumption across both developing and developed nations. According to the World Health Organization (WHO), inadequate intake of fruits and vegetables contributes to approximately 1.7 million deaths globally each year. This insight is highlighted in a report by Fortune Business Insights™, titled “Vegetable Seeds Market Size, Share & COVID-19 Impact Analysis, By Type (Open Pollinated Varieties and Hybrids), Crop Type (Solanaceae, Root & Bulb, Cucurbit, Brassica, Leafy, and Others), Cultivation Method, and Regional Forecast, 2025–2032.”

A list of all the vegetable seeds manufacturers operating in the global market:

• BASF SE- Germany
• Bayer AG. – Germany
• Syngenta AG – Switzerland
• Groupe Limagrain- France
• Rijk Zwaan Zaadteelt en Zaadhandel B.V- Netherlands
• Sakata Seed Corporation- Japan
• Takii & Co., Ltd- Japan
• Enza Zaden BV- Netherlands
• East-West Seed- Thailand
• Bejo Zaden B.V.- Netherlands

This Report Answers the Following Questions:

• Which segment is likely to lead the market in the coming years?
• Which company would generate the highest revenue in the future?
• What are the market's predicted, historical, and current sizes?
• How will prominent firms surge sales of vegetable seeds amid COVID-19?

Cultivating Growth Opportunities:

As the world's population grows, efficient food production becomes more pronounced. This presents a significant opportunity for the vegetable seed market to expand and meet the escalating demand for fresh produce. From traditional seed suppliers to niche players focusing on organic and non-GMO seeds, the market is teeming with potential for growth and profitability.

Source: https://www.fortunebusinessinsights.com/vegetable-seed-market-103066

Drivers & Restraints-

Rising Inclusion of Vegetables in Diet to Propel Growth

Nowadays, various companies are developing vegetable hybrids to suit the requirements of farmers and consumers. Such vegetables possess a broad range of qualities, such as shelf-life, flavor, shape, color, yield, taste, nutrition, and adaptability. Hence, hybrid vegetable seeds are experiencing more popularity, as compared to non-hybrid seeds.

Moreover, the rising inclusion of vegetables in one’s diet is helping to combat malnutrition. In many developing countries, the nutritional richness of vegetables is often considered to be a cost-effective remedy for nutritional deficiencies. However, climate change is a major issue for agricultural production worldwide. It may hamper the vegetable seeds market growth in the coming years.

Segment-

Solanaceae Segment to Grow Rapidly Backed by Rising Investments by Key Companies

Based on crop type, the Solanaceae segment earned 41.34% in terms of vegetable seeds market share in 2024. This growth is attributable to the rising investments by reputed vegetable seeds manufacturers in developing premium-quality seeds, such as hybrid tomato. The segment mainly consists of pepper, eggplant, potatoes, and tomatoes.

Key Benefits For Stakeholders

• This report offers a quantitative analysis of the vegetable seeds market segments, trends, estimates, and dynamics from 2022 to 2032 to identify current opportunities.
• It includes information on key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the influence of buyers and suppliers, helping stakeholders make profitable business decisions and strengthen their supplier-buyer relationships.
• The report provides an in-depth analysis of market segments to identify current opportunities.
• It maps major countries in each region based on their revenue contribution to the global market.
• Market player positioning helps with benchmarking and understanding the current standing of market players.
• The report covers both regional and global vegetable seeds market trends, key players, market segments, application areas, and growth strategies.

Regional Analysis-

Asia Pacific to Remain at Forefront Backed by Expansion of the Agriculture Industry

Geographically, in 2024, Asia Pacific procured USD 0.85 billion in terms of revenue. The region is set to retain its dominant position throughout the forthcoming years, stoked by the increasing area of horticultural crops in the region. Apart from that, the expansion of the agriculture industry is set to contribute to this growth. India and China are the most significant countries that report high vegetable consumption and production.

Europe, on the other hand, is set to exhibit considerable growth backed by the increasing advancements in the field of breeding technologies. It will help in the development of high-quality vegetable seeds. In North America, the demand for the product is set to be high from Mexico and the U.S.

Objective of Vegetable Seed Production

The primary objective of this type of gardening is to produce high-quality seeds on a large scale, overseen by an organization. Key factors in selecting locations for seed-growing areas include climate, soil, and disease-free conditions.

The objective of Seed Marketing

The aim of seed marketing is to fulfill farmers' needs by offering a dependable supply of high-quality, improved seed varieties at affordable prices. For agricultural retailers, this involves selling seeds alongside other farming inputs to farmers.

Competitive Landscape-

Key Players Focus on Acquisition Strategy to Gain a Competitive Edge

The vegetable seed market is consolidated due to an increasing number of mergers and acquisitions. Many multinational companies are investing significant amounts of money in developing innovative growing techniques to meet rising demand.

Here are the latest industry developments:

July 2023:  Syngenta, one of the prominent players in the agriculture inputs industry, announced the acquisition of Feltrin Sementes, a vegetable seed company based in Brazil. The move would help expand the range of products that the company can offer across the globe.

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 aquaponics market size was USD 1,048.32 million in 2023. The market is expected to rise from USD 1,145.71 million in 2024 to USD 2,399.96 million by 2032 at a CAGR of 9.68% during 2024-2032.

The aquaponics industry refers to the combination of aquaculture and hydroponics in a sustainable, symbiotic system. Fish waste offers vital nutrients for plants, while plants filter and purify the water for fish, generating a closed-loop environment. The growing popularity of aquaponics in urban areas, rising concerns about food security, and increased aquaponics' feasibility due to rapid innovations in water filtration, nutrient management, and monitoring systems are propelling market expansion.

List of Key Players Profiled in the Market Report

• Symbiotic Aquaponic (U.S.)
• Nelson & Pade Aquaponics (U.S.)
• Springworks Farm (U.S.)
• The Aquaponics Greenhouse at De Ceuvel (Netherlands)
• Aquaculture ID (Netherlands)
• AquaSprouts Inc. (U.S.)
• AquaBiotech Group (Malta)
• Ecolicious (Australia)
• AHAS Foundation (Thailand)
• OCS Overhead Conveyor System Ltd (U.K.)

Segments

Deep Water Culture Takes the Lead in the Market Owing to Its Easy Upkeep

By type, the market is divided into media-based aquaponics system, deep water culture (DWC), and nutrient film technique (NFT), and others. Deep water culture (DWC) accounts for the largest aquaponics market share as it assists in quick growth and easy upkeep. In this type, plants are put up in floating rafts over nutrient-rich water.

Research Studies Dominate the Market Due to Rising Government Investments in the Creation of Aquaponic Systems

In terms of application, the market is classified into commercial, home produce, and research studies. Research studies dominate the market due to increased government investments in the creation of aquaponic systems and analyzing different parameters to decrease system costs.

Fruits & Vegetables to Command the Market as They Don’t Need Gentle Care

On the basis of produce, the market is bifurcated into fruits & vegetables and fish. Fruits & vegetables are set to lead the market in the coming years as they don’t need gentle care in the aquaponic systems. Variabilities of lettuce, including romaine and butterhead, flourish in aquaponics due to their quick growth.

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

Source: https://www.fortunebusinessinsights.com/aquaponics-market-111468

Report Coverage
The market research report presents a complete market examination, highlighting essential elements, including the competitive environment and noticeable product categories. Furthermore, the report provides valuable insights on market trends and significant industry developments. Apart from the factors above, the report includes several aspects that have fostered market expansion in recent times.

Drivers and Restraints

Surging Adoption of Sustainable Agriculture Practices to Propel Market Growth

Sustainable agriculture practices are a perfect solution for future food production difficulties due to their effective use of resources, waste recycling, biodiversity upgrade, and decreased environmental impact. Aquaponics utilizes less water than conventional farming by recirculating water between fish and plants. This efficacy aids in preserving valuable water resources. Fish waste works as a natural fertilizer for plants in aquaponics. This closed-loop system decreases waste and decreases the requirement for synthetic fertilizers, plummeting environmental pollution and enhancing soil health. By positioning aquaponic sources closer to urban areas, transportation releases are reduced, further strengthening sustainable practices. All these factors are fostering the aquaponics market growth.

On the other hand, substantial initial costs are hindering market growth.

Regional Insights

Rising Consumer Need for Sustainable and Locally Sourced Food Boosted Market Growth in North America

North America registered 42.38% of the global market owing to the rapid expansion of the aquaponics industry due to the rising consumer need for sustainable, locally sourced food. Increased concerns about food security are also fueling market expansion in the region. A rise in environmental consciousness, technological innovations, and changing consumer preferences are boosting market expansion in the U.S.

The market in Europe is witnessing prominent growth due to rising consumer requests for sustainable food production and advanced agricultural practices. The surging requirement for effective food systems that can work in restricted spaces is fueling market growth in the region.

Competitive Landscape

Top Players Focus on Reducing the Gap Between the Food Supply and Demand

The existence of numerous small-scale commercial farms and research farms is boosting market expansion. Some of the top commercial aquaponic farm-setting participants are AquaSprouts, Ecolicious, Urban Organics, and AquaBiotech. They take many development projects and invest to assess the feasibility of the aquaponic system and to reduce the gap between the food supply and demand. For instance, Green Spirit Farms has been investing in automated systems for checking water quality and nutrient levels.

Key Industry Development

• June 2024:  After unveiling the first experimental farm in 2019, Les Nouvelles Fermes, a France-based startup, formed an advanced and local aquaponics farm. The company raised USD 2.5 million in 2021 to construct one of the biggest farms in Europe.

Market Overview:

The global quick service restaurants (QSR) market was valued at USD 971.36 billion in 2024. It is expected to grow steadily, reaching USD 1,055.48 billion in 2025 and projected to hit USD 1,930.14 billion by 2032, reflecting a compound annual growth rate (CAGR) of 9.01% over the forecast period. The U.S. QSR market is also anticipated to expand significantly, with an estimated valuation of USD 599.87 billion by 2032. This growth is largely fueled by rising consumer preference for dining at quick-service establishments. In 2024, North America led the global QSR market, accounting for a dominant share of 37.45%.

The U.S. quick-service restaurant market is set for substantial growth, with an estimated value of USD 599.87 billion by 2032, driven by rising consumer demand for fast and convenient dining options. North America led the market in 2024, holding a 37.45% share of the global QSR industry.

A quick-service restaurant refers to a restaurant that delivers food items that take the least time to prepare and reduce customers’ waiting time. These restaurants offer a vast variety of services to their customers. The business of food delivery has grown exponentially in recent years due to the rising development of food delivery applications and websites. Quick-service restaurants are also looking for different ways to deliver their food services to customers, which will further fuel the quick-service restaurants market growth.

Fortune Business Insights™ displays this information in a report titled, "Quick-Service Restaurants Market, 2025-2032."

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Chick-fil-A (U.S.)
• Papa John's International, Inc. (U.S.)
• Subway IP LLC (U.S.)
• Starbucks Corporation (U.S.)
• Yum! Brands, Inc. (U.S.)
• McDonald's Corporation (U.S.)
• Restaurant Brands International Inc. (Canada)
• The Wendy's Company (U.S.)
• Dunkin (Inspire Brands) (U.S.)
• Domino's Pizza, Inc. (U.S.)

Segments:

Growing Consumer Interest in Restaurant Dining to Boost Preference for Dine-In Services

Based on service type, the market is segmented into dine-in, takeaway, and delivery. The dine-in segment is expected to dominate the quick-service restaurants market share during the forecast period as more customers prefer to dine-out in restaurants to get the complete dining experience, especially after the COVID-19 pandemic.

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

Source: https://www.fortunebusinessinsights.com/quick-service-restaurants-market-103236

Report Coverage:

The report provides a detailed analysis of the market and covers key areas such as leading market players and their competitive landscape. It also offers leading insights into the latest market trends and focuses on top industry developments. Besides the abovementioned factors, the report covers several factors contributing to the market's growth.

Drivers and Restraints:

Growing Network of Food Malls to Drive Market Progress

Consumers are increasing their preference for shopping malls that have several brands under one roof. Keeping this trend in mind, many food service providers are launching multi-brand food malls and courts to boost their customers’ shopping experience. These malls are equipped with advanced technologies to decrease customer waiting time and offer ease in ordering various food items. These advantages will drive customers’ preference for quick-service restaurants.

However, growing popularity of cloud kitchens can impede the market growth.

Regional Insights:

North America to Lead Market Growth with Rapid Expansion of Fast Food Chains

North America is expected to dominate the global market as the region has a vast presence of fast food chains due to increasing number of dual income households and changing lifestyle of customers.

Asia Pacific will also hold a major global market share as the popularity of quick-service restaurants is growing at a commendable pace in India, Malaysia, Indonesia, South Korea, and China.

Quick Service Restaurants Market Trends:

• Digital Integration : The adoption of self-ordering kiosks, mobile apps, and digital menus is enhancing customer convenience and operational efficiency. These technologies streamline the ordering process and reduce wait times.
• Health-Conscious Offerings : There's a growing demand for healthier menu options, including salads, fruit, and plant-based items, as consumers become more health-conscious. This shift is prompting QSRs to diversify their menus to cater to these preferences.
• Value Promotions : In response to economic pressures, QSRs are introducing value meals and promotions to attract cost-conscious customers. For example, McDonald's launched a $5 Meal Deal, leading to increased customer visits.
• Sustainability Initiatives : There's an increased focus on sustainable practices, such as reducing food waste, sourcing responsibly, and minimizing environmental impact. Consumers are increasingly favoring brands that demonstrate environmental responsibility.
• Delivery and Takeout Expansion : The demand for delivery and takeout services has surged, prompting QSRs to enhance their delivery capabilities and partner with third-party platforms to meet customer expectations.

Competitive Landscape:

Key Companies to Focus on Launching New Products to Retain Market Dominance

The market is witnessing notable growth as key players operating in this industry are increasing their focus on launching innovative products to enhance the dining experience of customers. Some of the major market players include Burger King, McDonald's Corporation, Pizza Hut, Taco Bell, and many more.

Key Industry Development:

August 2023:  American sandwich chain Subway entered a definitive agreement to sell its business to the affiliates of Roark Capital. Roark Capital focuses mainly on investments in consumer business service companies, specializing in franchise and franchise-like businesses.