Breakfast Cereals Industry is expected to grow with a nominal CAGR of 4.05% from 2020-2027

Cereals have a prolonged history of use by humans. Globally, cereals are defined as the edible seeds or grains of the grass family, Gramineae. Cereals are stapled foods with essential sources of nutrients in both developed and developing countries. Cereals and cereal products are considered a vital source of energy, carbohydrate, protein, and fibre and accommodate a range of micronutrients such as vitamin E, vitamin B, magnesium, and zinc. According to Renub Research latest report, the Global Breakfast Cereals Market is expected to reach US$ 60.60 Billion by 2027.

breakfast cereals market 2020 – 2027

Furthermore, breakfast cereals are available in different varieties. However, the essential ingredient is grains. By ingredients, commonly used breakfast cereals include rice, wheat, corn, barley and oats. Numerous cereals are grown in different countries. As per our analysis, on a worldwide basis, by ingredients, rice is the most dominating ingredient.

Increasing demand for Quick Meals Driving the Consumption of RTE Cereals

By Type, Global Breakfast Cereals Market is classified into Ready to eat (RTE) and Hot Cereal. Ready to eat (RTE) consists of bars, cornflakes, cookies & biscuits. Globally rising demand for on-the-go meal options is driving the consumption of RTE cereals. Besides, increasing awareness regarding easy, fast, and inexpensive meal options the RTE cereal category offers boosts the overall market. Attractive packaging, compelling advertising strategies, and improved taste are the key factors fuelling demand for RTE.

In addition, common types of hot cereals include oatmeal, grits, cream of wheat, cream of rice, and mixed grain cereals. The rising adoption of nutritious meal options in breakfast is expected to register the fastest growth during the forecast period attributed to burgeoning consumption in Asian countries like India and China. The vast benefits of including the organic and whole grain-based cereals in the diet further escalate the demand for hot cereals globally. Besides, the incorporation of exotic flavours into the product variants, resulting in innovative tastes, is anticipated to rev up the market.

Distribution Channel – E-commerce is emerging as a convenient distribution channel

The Global Breakfast Cereals Market, By Distribution Channel, supermarket, convenience stores, E-commerce are the major distribution channels reviewed in the report. The number of convenience stores across the globe has seen an unprecedented acceleration in the last few years. Initially, their occupancy was concentrated in developed economies of North America and Europe, and now they have expanded the presence of convenience stores across the Asia Pacific.

Furthermore, E-commerce is also emerging as a convenient distribution channel in the global sphere. E-commerce creates considerable revenue from developed economies of North America and Europe on the widespread adoption of the internet and mobile phones. Online channels globally provide better access to branded merchandise and deliver a better shopping experience. Globally, E-commerce offers a more prosperous and personalized shopping exposure to the buyer. As per this report, Worldwide Breakfast Cereal Market Size was valued at US$ 45.90 Billion in 2020.

COVID-19 Benefited Breakfast Cereals Industry

The situation of the COVID-19 pandemic had urged a change from eating out to cooking at home as consumers solicit healthier, safe, and convenient food substitutes. With this trend awaited to continue post-pandemic, manufacturers operating in the breakfast cereals business are rolling out private label products that consumers perceive in a convenient environment to shop and cook, with the appended safety of pre-packaged constituents. The pandemic has transformed the way consumers plan their meals. New offerings give people the flexibility to shop conveniently and similarly create healthy meals to scratch cooking.

Contrarily, the consciousness has advanced among consumers and brands with the guidance of retailers vying on preserving the highest safety standard with quality and sustainability as a significant concern. Besides, COVID-19 has generated multiple opportunities for many private players to emerge in the markets to cater to inflated demand.

Regional Analysis of Breakfast Cereals Market Size

Regionally, the market revolves around North America, Europe and the Asia Pacific. Rapidly growing economies in the Asia Pacific leads to a widening populace indulging in busy lifestyles, which, in turn, is agitating up the demand for convenience foods, which is working in favour of the regional market. Surging demand for natural nutritional products owing to advancing consumer awareness concerning healthy lifestyles is poised to trigger demand for breakfast cereals in the Asia Pacific over the forecast period.

Additionally, the growing health concerns and increasing health issues such as diabetes, obesity, and digestive disorders supplement the growth of breakfast cereals market globally, especially in North America. Moreover, product & packaging innovations coupled with a high adoption rate of new products in countries in the region are estimated to play a critical role in increasing the demand for the breakfast cereals market over the forecast period. Our study suggests that Globally Breakfast Cereals Industry is expected to grow with a nominal CAGR of 4.05% from 2020-2027.

Key Companies Performance in Breakfast Cereals Industry

The breakfast cereals market is contentious, with many domestic and global players competing for market share. Some of the primary key players in the market include Marico Limited, General Mills, Inc., Nestlé S.A., Kellogg Company, Pepsico, Inc. and B&G Foods Inc. For instance, in August 2021, Kellogg Company expanded its range of breakfast cereals in India. It has added the Froot Loops brand of cereals in the country, as it hopes to benefit from a post-covid surge in in-home consumption of packaged foods.

Renub Research latest report “Global Breakfast Cereals Market, Global Forecast By Type (RTE and Hot Cereal), Distribution Channel (Supermarket, Convenience Stores, E-Commerce and Others), Ingredient (Rice, Wheat, Corn, Barley, Oats and Others), Region (North America, Europe, Asia Pacific and Rest of World), Companies (Marico limited, General Mills, Inc., Nestlé S.A., Kellogg Company, Pepsico, Inc. and B&G Foods Inc.)” provides a detailed analysis of Global Breakfast Cereals Industry.

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Type the market has been covered from 2 viewpoints:

  1. RTE
  2. Hot Cereal

Distribution Channel the market has been covered from 4 viewpoints:

  1. Supermarket
  2. Convenience Stores
  3. E-Commerce
  4. Others

Ingredient the market has been covered from 6 viewpoints:

  1. Rice
  2. Wheat
  3. Corn
  4. Barley
  5. Oats
  6. Others

Region the market has been covered from 4 viewpoints:

  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of World

Key Players Insight:

• Overview
• Recent Developments
• Sales

Company Analysis:

  1. Marico limited
  2. General Mills, Inc
  3. Nestlé S.A.
  4. Kellogg Company
  5. Pepsico, Inc.
  6. B&G Foods Inc.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No:
+1 678–302–0700 (USA) | +91–120–421–9822 (IND)
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Global Dark Chocolate Industry will likely grow at a CAGR of 6.03% from 2020-2027

Dark chocolate, sometimes known as “bittersweet” or “semisweet,” is produced with cocoa butter rather than fats like palm or coconut oils. Dark chocolate has a rich, robust flavour and is high in flavonoids, which contribute to the pigment’s colour. Darker chocolate has more flavonoids, which means it has potentially more health advantages. Almost 60% Cocoa the solid present in dark chocolate is with little or no sugar. Dark chocolate is available in chocolate bars, candies and baking chocolate, etc. According to Renub Research, the Global Dark Chocolate Market is projected to reach US$ 71.98 Billion by 2027.

dark chocolate market 2020 – 2027

Global Dark Chocolate Market is of various types: Organic Dark Chocolate, Inorganic Dark Chocolate, and Other. The organic and clean label movement has swept the food and beverage industry as a whole. The organic and pure label trend impacts dark chocolate manufacturers, increasing demand for premium and organic ingredients. Manufacturers are also adding natural sweeteners like stevia and coconut sugar to appeal to a consumer base concerned about their food choices.

COVID-19 Impact on Dark Chocolate Industry

COVID-19 had a positive impact on the chocolate market when it first appeared in 2020. During the lockdown, chocolate consumption at home increased dramatically. Chocolates, like other consumables, were purchased in bulk, resulting in higher volume sales through supermarkets and hypermarkets. However, after relaxing limitations in both importing and exporting countries, the market became more stable.

Dark Chocolate and its Health Benefits

Globally, Dark Chocolate is used for various purposes like Confectionery, Functional Food & beverages, Pharmaceuticals and Cosmetics. Its market is vast in the food and beverages sector because of its use in salt and sweet dishes to make lip-smacking smoothies. However, its various health benefits escalate its market globally. Dark chocolate consumption protects the brain from age-related stress and inflammation, which play a role in neurodegenerative diseases like Alzheimer’s. It also aids in enhancing blood circulation to the brain, which improves the capacity to focus, improves memory, and reduces anxiety levels. The worldwide dark chocolate market is predicted to develop moderately over the next five years due to the above-mentioned factors. The Global Dark Chocolate Industry will likely grow at a CAGR of 6.03% from 2020-2027.

Regional Analysis: North America holds the Largest Market Share

North America holds the largest Dark Chocolate market share worldwide because of well-known brands and increasing chocolate consumption. Festivals like Christmas, Good Friday, and others are expected to raise the demand for chocolates and improve sales. According to our research over the forecast period, the Asia-Pacific region is expected to increase faster. The growing influence of western culture and eating habits, together with the country’s rapid population expansion, are the major drivers expected to fuel market growth in this region. Our research suggests that The Worldwide Dark Chocolate Market Size was US$ 47.77 Billion in 2020.

However, fluctuating raw material costs, particularly cocoa, supply instability, and political instability in cocoa-producing countries, are projected to pose a challenge to market expansion. Factors like changing customer flavour preferences regularly are also a growing barrier.

Renub Research latest report “Global Dark Chocolate Market by Product Type (Organic Dark Chocolate , Inorganic Dark Chocolate , Other), Application (Confectionery, Functional Food & Beverage, Pharmaceuticals, Cosmetics), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Non-Grocery Retailers, Others), Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa), Company Analysis (Hershey’s, Mondelez International, Inc., Amul, Meiji Holdings Co. ltd, Saputo Inc)” provides complete details on Global Dark Chocolate Industry.

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Type –Market breakup from 3 viewpoints

  1. Organic Dark Chocolate
  2. Inorganic Dark Chocolate
  3. Other

Application – Market breakup from 4 viewpoints

  1. Confectionery
  2. Functional Food & Beverage
  3. Pharmaceuticals
  4. Cosmetics

Distribution Channel – Market breakup from 4 viewpoints

  1. Supermarkets and Hypermarkets
  2. Convenience Stores
  3. Non-Grocery Retailers
  4. Others

worldwide dark chocolate market analysis

Region – Market breakup from 5 viewpoints

  1. North America
  2. Europe
  3. Asia-Pacific
  4. South America
  5. Middle East and Africa

All Key players have been covered from 3 viewpoints

• Overview
• Recent Development
• Revenue

Company Analysis

  1. Hershey’s
  2. Mondelez International, Inc.
  3. Amul
  4. Meiji Holdings Co. ltd
  5. Saputo

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No:
+1 678–302–0700 (USA) | +91–120–421–9822 (IND)
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Global Flavoured Milk Industry will likely grow at a CAGR of 5.54% from 2020-2027

Flavoured milk is ready to drink produced from milk by adding sweetener, flavour, and even stabilizers. Indeed, flavoured milk products often have a higher shelf life than plain milk products due to reliance on high-temperature pasteurization. In the global market, the tastes and flavours are aiding the expansion of the flavoured milk market. Consequently, the flavoured milk market also purveys to augmented demand for refrigerated milk products. Consumers around the world have evolved peculiar tastes, which are essential for market players to cater through. According to Renub Research, the Global Flavoured Milk Market is projected to reach US$ 50.41 Billion by 2027.

flavoured milk market 2020 – 2027

Nutrient-rich flavoured milk comes in various flavours that offer the same unique nutrient package of nine essential nutrients like Calcium, Potassium, Phosphorus, Protein, Vitamins A, D and B12, Riboflavin and Niacin present in unflavoured milk. By flavours the global flavoured milk comes in flavours such as chocolate, fruit, and vanilla. Flavoured milk is the most popular milk choice, a highly palatable, nourishing beverage that can help meet prevailing daily dairy food and calcium intake recommendations, particularly for children. Further, the new developments in flavours and packaging are trending in the global flavoured milk market, with companies introducing locally preferred flavours. Remarkably, there is a preference for fruit flavours among youngsters.

Advancement in Packaging Techniques has helped the Dairy Companies to make more Profit on the Flavoured Milk Products

In addition, the rising consumption of flavoured milk and changing lifestyles has challenged the global industry to develop deeper into more innovative packaging solutions. Packaging that is durable, cost-effective, and recyclable exert less energy and water and emit more negligible greenhouse gases. The advancement in packaging techniques has helped the dairy companies extend the shelf life of the flavoured milk products and facilitate their transport to the global market. Based on packaging, the flavoured milk market in our report is segmented as paper-based packaging, plastic-based packaging, glass bottles, and metal cans.

In recent years, the boom in the global retail sector has triggered the way milk is packaged. Plastic packaging offers cascading benefits to the value chain in the form of extended food life without needing refrigeration and reduced transportation emissions. Also, using plastic packaging instead of cartons is further helping to cut down environmental costs to nearly four times less than conventional alternatives. As per our analysis, The Global Flavoured Milk Industry will likely grow at a CAGR of 5.54% from 2020-2027.

COVID-19 Impact Flavoured Milk Market Size

The COVID-19 pandemic outbreak has created a situation of uncertainty in the market growth of many industries globally. The pandemic outbreak has affected factors and has changed the complete dynamics of the market in ways that are hard to believe. As fact to be believed, as per our analysis market will recover during the forecast period.

Based on Distribution Channels

The market is segmented as convenience stores, supermarkets/ hypermarkets, and online retail stores. Flavoured Milk distribution channels present globally outline the overall game plan for finding clients and customers for the industry. The numerous strategy incorporated by the distribution channels works in co-ordination with the 5 Ps of marketing (place, price, product, promotion and people) to develop the tactics and actions that will achieve the global distribution objectives. Our research suggests that Worldwide Flavoured Milk Market Size was valued US$ 34.56 Billion in 2020.

Regional Analysis: Asia-Pacific is emerging as a big market for Flavoured Milk

The global flavoured milk market report revolves around key regions, including North America, Europe, Asia-Pacific, South America and Middle East & Africa. The regional markets are witnessing high levels of milk consumption, and flavoured products have gained a prominent position globally due to their prevalence in public schools, particularly in the North American region. Additionally, the Asia Pacific region market is witnessing a growing demand for flavoured milk products because of the rising disposable incomes in the area. The Asia-Pacific region also presents a significant opportunity for global players. Due to the lack of long-established innovations in the region, there is substantial scope for introducing new variants of flavoured milk.

Companies Launching Low-Sugar and Fat-Free Varieties of Flavoured Milk Products to garner the Diabetic and Health-Conscious Customers

Furthermore, the global flavoured milk market is fragmented with a few global players such as Nestlé S.A., Danone SA, Arla Foods Amba, Saputo Inc., Hershey’s and Fonterra Co-operative Group. The key players are observed to be launching flavoured milk varieties with enhanced functional properties. Moreover, the key players also offer low-sugar and fat-free varieties of flavoured milk products to penetrate the increased diabetic and health-conscious population. Companies are introducing on-the-go flavoured milk to increase their offerings and customer base, acknowledging the opportunity posed by busier lifestyles and the necessity for convenience.

Renub Research latest report “Flavoured Milk Market, Global Forecast By Type (Long-Life Flavoured Milk, Fresh Flavoured Milk and Other), Flavour (Chocolate, Fruit, Vanilla and Others), Application (Powder, Premix, Fresh and Others), Packing Type (Paper Based, Plastic Based, Glass Based, Metal Based and Others), Distribution Channel (Hypermarkets/Supermarket, Convenience Stores, Online and Others), Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa), Key Players (Danone SA, Arla Foods Amba, Saputo Inc., Hershey’s and Fonterra Cooperative Group)” provides a detailed analysis of Global Flavoured Milk Industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=flavoured-milk-market-p.php

Type – Global Flavoured Milk Market has been covered from 3 viewpoints:

  1. Long-Life Flavoured Milk
  2. Fresh Flavoured Milk
  3. Other

Flavour – Global Flavoured Milk Market has been covered from 4 viewpoints:

  1. Chocolate
  2. Fruit
  3. Vanilla
  4. Others

Application – Global Flavoured Milk Market has been covered from 4 viewpoints:

  1. Powder
  2. Premix
  3. Fresh
  4. Others

Packing Type – Global Flavoured Milk Market has been covered from 5 viewpoints:

  1. Paper Based
  2. Plastic Based
  3. Glass Based
  4. Metal Based
  5. Others

Distribution Channel – Global Flavoured Milk Markethas been covered from 5 viewpoints:

  1. Hypermarkets/Supermarket
  2. Convenience Stores
  3. Online
  4. Others

Region – Global Flavoured Milk Market has been covered from 5 viewpoints:

  1. North America
  2. Europe
  3. Asia-Pacific
  4. South America
  5. Middle East & Africa

Key Players Analysis

Danone SA
Arla Foods amba
Saputo Inc.
Hershey’s
Fonterra Co-orperative Group

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No:
+1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Global Organic Baby Food Industry is expected to grow at a CAGR of 11.32% from 2020-2027

Globally, babies are tender and sensitive; they respond differently to every stimulus. Babies are particularly vulnerable to foodborne illness because their immune systems are not developed enough to fight off infections. Hence, the reasons above have given rise to the organic baby food industry as it’s prepared with extra care. Organic baby foods are food grown or processed without synthetic fertilizers or pesticides. The global demand for organic baby food is continuously increasing due to rising awareness among parents who adequately fulfil their babies’ nutritional requirements. According to the Renub Research analysis, Global Organic Baby Food Market is projected to reach US$ 12.65 Billion by 2027.

organic baby food market 2020 – 2027

Furthermore, in recent years the business of feeding babies with organic foods has developed into a multi-billion-dollar industry. Indeed, organic baby food is playing an ever more significant role in meeting the nutritional demands of infants and toddlers worldwide. Moreover, recently, the industry saw several transformations, primarily fuelled by parents’ lifestyles and their growing interest in organic food. In addition, the professionally designed organic baby foods fill the kitchen shelves globally in various flavours of liquid and solid forms for customers. Hence, the global market for organic baby food by age group has food for 1-6 month babies, 7-9 month babies and 10-12 month babies since infants might be more susceptible to harm potentially caused by pesticides than are adults.

By Type: Dried Baby Food, either Refrigerated or Powdered inform products, is preferred on a Large Scale

Global Organic Baby Food Market comprises Prepared Baby Food, Dried Baby Food and Infant Milk Formula. Amongst all the dried baby food, either refrigerated or powdered inform products, is preferred on a large scale, having a comparatively higher shelf life than traditional packaged food. Moreover, dried baby food is easy to carry and consume.

On the other hand, prepared baby food also represents a widely consumed type because it can be served instantly without the hassle of cooking. Nowadays, the population of working women and nuclear families is growing, and preparation of baby food needs lots of hard labour and time. This, in turn, is increasing the growth of prepared baby food products. As per our analysis, the Worldwide Organic Baby Food Market Size was valued at US$ 5.97 Billion in 2020.

By Distribution Channel: Rise of E-Commerce Companies Increases the Demand for Organic Baby Food Products through Online Purchases

The Global Organic Baby Food Market circulates its products through hypermarkets, supermarkets, pharmacy medical stores, speciality stores, hard discount stores and online. As per our analysis, the rising emergence of e-commerce companies and innovative strategies adopted by major players such as channel expansion increases the demand for organic baby food products through online purchases. Moreover, online channels are set to be the highest growing segment owing to the ease and hassle more minor nature of online service. Moreover, in the forthcoming years, the online channel for organic baby food holds massive potential for growth due to the increasing popularity of internet services and technological advancements.

Regional Analysis: North America and Europe have a higher demand for Organic Baby Food compared to the Rest of the World

Geographically, the Global Organic Baby Food Market revolves around North America, Europe and Asia-Pacific. Globally, the demand for organic baby food is comparatively higher in developed regions like North America and Europe than developing regions like Asia-Pacific. In North America, the market for organic baby food is enormous, owing to the enhanced awareness of the significance of proper nutrition for babies. Moreover, as per our analysis, the organic baby food market is expected to witness increasing demand in Asia-Pacific with an emerging economy such as India and China rapidly expanding witnessing intensifying demand for organic baby food. Our research suggests that Global Organic Baby Food Industry is expected to grow at a CAGR of 11.32% from 2020-2027.

COVID-19 Impact on the Industry:

The global health crises and food scares have a long-term impact on consumer demand for organic baby food during COVID-19. COVID-19 has boosted consumer awareness of the relationship between nutrition and health. This has resulted in a surge in interest in organic baby food that benefits from a ‘health halo’, including functional foods. Initially, there was a global sales spike for organic baby food, as consumers fear food safety, and personal health drives product purchases. In addition, the fast pace recovery of developing economies leading to increased disposable income will further support the Organic Baby Food Market demand in the coming years.
Key Players Performance in Organic Baby Food Industry

The Global Organic Baby Food Market is profoundly organized and predominantly dominated by players, like Abbott Laboratories, Kraft Heinz, Nestlé S.A., Danone SA and Kewpie Corporation. Meanwhile, the global organic baby food market companies focus on uncovering innovative marketing strategies and launching new products based on value-added ingredients to compete in the market. For instance, in June 2020, Heinz reinvented its baby food line with the launch of HEINZ BY NATURE™ baby food, a new line-up of baby food, including options that are organic and made with natural ingredients and acerola cherry.

Renub Research latest report “Global Organic Baby Food Market, Global Forecast By Type (Prepared Baby Food, Dried Baby Food, Infant Milk Formula and Others), Age Group (1-6 Month Baby, 7-9 Month Baby,10-12 Month Baby and Others), Distribution Channel (Hyper Market, Super Market, Pharmacy Medical Store, Specialty Stores, Hard Discount Stores and Online), Region (North America, Europe, Asia-Pacific and ROW), Key Players (Abbott Laboratories, Kraft Heinz, Nestlé S.A., Danone SA and Kewpie Corporation)” provides a detailed analysis of Global Organic Baby Food Industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=organic-baby-food-market-p.php

Type – Global Organic Baby Food Market has been covered from 4 viewpoints:

  1. Prepared Baby Food
  2. Dried Baby Food
  3. Infant Milk Formula
  4. Others

Age Group – Global Organic Baby Food Market has been covered from 4 viewpoints:

  1. 1-6 Month Baby
  2. 7-9 Month Baby
  3. 10-12 Month Baby
  4. Others

Distribution Channel – Global Organic Baby Food Market has been covered from 6 viewpoints:

  1. Hyper Market
  2. Super Market
  3. Pharmacy Medical Store
  4. Specialty Stores
  5. Hard Discount Store
  6. Online

Region – Global Organic Baby Food Market has been covered from 4 viewpoints:

  1. North America
  2. Europe
  3. Asia-Pacific
  4. Rest of World

Company Insights:

• Overview
• Recent Development
• Revenue

Key Players covered in the report are:

  1. Abbott Laboratories
  2. Kraft Heinz.
  3. Nestlé S.A.
  4. Danone SA
  5. Kewpie Corporation

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No:
+1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Meat Snacks Market size will grow with a CAGR of 5.95% during 2020-2027

In recent years, the consumption of meat snacks has increased substantially due to the tendency to reduce caloric intake, lack of time, and increased consumption of foods with high vitamin, protein, or mineral content. Meat snacks are an essential part of people’s diets and constitute one of the fastest-growing food industry segments. It is a ready-to-eat (RTE) food product made using dried and dehydrated animal-derivative raw materials with added flavourings and seasonings.

meat snacks market 2020 – 2027

The meat snacks industry is growing epic, with innovative flavours to unique protein and ingredients. Millennia are driving the snacking trend, and they prefer less processed items with more natural and lower-sodium ingredients with taste and trendy flavours. The escalating demand for convenient and healthy snacking items on account of hectic lifestyles and inflating disposable incomes represents one of the significant factors propelling the global meat snacks market growth. According to Renub Research, Global Meat Snacks Market will be US$ 14.31 Billion by 2027.

Based on Product – Jerky Meat segment holds the Largest Market Share

The global meat snacks industry is segmented into Sticks, Jerky, Bars, and Others. The jerky segment dominated the market and held the largest market share, as various types of meat jerky were made available quickly. Traditionally jerky was marketed as an affordable, flavoursome snack and convenient and was primarily available at gas stations and convenience stores.

Apart from this, meat sticks are considered the fastest-growing market segment. Consumers are increasingly purchasing ready-to-eat meat sticks and bars snacks from traditional grocery stores or supermarkets. Meat sticks and bars snacks have many flavours and recipes packed very attractively to draw customers’ attention. The huge protein content in the product acts as a vitality booster which boosts the sales of meat snacks. As per this research report, the Worldwide Meat Snacks Market size will grow with a CAGR of 5.95% during (2020-2027).

Regional Analysis of Meat Snacks Industry

The Asia Pacific is seeing a rise in the rate of snack food consumption, the surge in demand for convenience food products, wherein meat snacks are seen as primary food products in China. The increase in meat snack consumption in China is partly attributable to a change in consumer eating habits; many young consumers found it more convenient to eat hardier snacks and less frequent meals. The prevalence of meat snacks in China is rising.

Besides, the United States is the largest market for meat snacks in North America. According to The Simmons National Consumer Survey (NHCS) the United States Census, 50.0% of the U.S. population, nearly 160 Million people, eats meat snacks and beef jerky regularly. In the U.S., jerky was one of the most popular meat appetizers in 2020. As per our research findings, Global Meat Snacks Industry was US$ 9.55 Billion in 2020.

Impact of COVID-19 on Global Meat Snacks Market

The spread of the coronavirus pandemic (COVID-19) is a vital rise in the demand for packaged food items, such as meat snacks. Still, disrupted supply chains and inadequate workforce shortages are hampering market growth. Nevertheless, the market is expected to revive once normalcy is regained.

Nestlé Group, Hormel Foods, Conagra Brands, Bridgford Foods, and Hershey lead the meat snacks market. Major players have focused on long-term strategies, flavours, innovation, and product involvement, as the market demand is shifting toward a region-specific and exotic range of tastes.

Renub Research latest report “Global Meat Snacks Market by product (Jerky, Sticks, Bars, and Others), Nature (Organic, Conventional), Distribution Channel (Off-Line and On-Line), Region ( North America, Europe, Asia Pacific and Others), Company Analysis (Nestlé Group, Hormel Foods, Conagra Brands, Bridgford Foods and Hershey)” provides complete details on Global Meat Snacks Industry.

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Product – Market breakup from 4 viewpoints

  1. Jerky
  2. Sticks
  3. Bars
  4. Others

Nature – Market breakup from 2 viewpoints

  1. Organic
  2. Conventional

Distribution Channel – Market breakup from 2 viewpoints

  1. Off-Line
  2. On-Line

Region – Market breakup from 4 viewpoints

  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of World

All key players have been covered from 3 viewpoint

• Overview
• Recent Developments
• Financial Insights

Company Analysis

  1. Nestlé Group
  2. Hormel Foods
  3. Conagra Brands
  4. Bridgford Foods
  5. Hershey

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
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Global Fuel Cell Vehicle Industry is expected to grow with a massive CAGR of 44.32% from 2020 – 2030.

A fuel cell is an electrochemical reactor that converts the chemical energy and an oxidant directly to electricity. In recent years, the word fuel cell has been used almost solely to describe a reactor using hydrogen as the chief energy source. Hydrogen has a protracted history of being employed as fuel for versatility. More than 200 years ago, hydrogen was adopted in the first internal combustion engines by igniting the hydrogen itself, like burning gasoline today. Though, this did not prove to be quite successful due to safety affairs and low energy density. Preferably, hydrogen is an energy carrier in a modern fuel cell by reacting with oxygen to form electricity.

fuel cell vehicle market 2020 – 2030

Moreover, fuel cell vehicles have become more lucrative in recent years due to higher performance, reduced refuelling time, and long-range offered by the systems. Also, the exhaust in terms of water, a deterioration in emissions dimension, and superior power and torque output play a significant role in adopting fuel cell technologies for automobiles. In addition, the rising environmental issues, such as climate change and low air quality, are due to substantial growth in the regional transportation sector. High fossil fuel consumption has generated the need for clean energy sources, thereby boosting the market’s growth over the forecast period. According to Renub Research, the Global Fuel Cell Vehicle Market awaits to reach 980.00 Thousand Units by 2030.

Impact of COVID-19 on Global Fuel Cell Vehicle Market:

The production & sales of innovative vehicles had come to a standstill across the globe as the entire ecosystem had been obstructed in the initial outbreak of COVID 19. Fuel Cell Vehicles had to pause until lockdowns were lifted to continue blooming, which influenced their businesses. Consequently, vehicle manufacturers had to modify the production volume. Moreover, the automotive industry is highly capital-intensive and relies on frequent financing to continue operations. Thus, during the initial months of the outbreak, the production suspension and lower demand had an unprecedented impact on Fuel Cell Vehicles manufacturers and automotive fuel cell producers.

For example, according to the Times of India, Honda Motor Company’s sales declined by more than 15% throughout the third quarter of 2020, while operating profit plunged by around 13% overall during the whole year. Toyota Motor Corporation’s sales went down by 50% in the first quarter of 2020. However, demand for Fuel Cell Vehicles recovered at a fast rate after the initial months of 2020. Hence, the sales also increased along with the demand for zero-emission vehicles during the latter months of 2020. Our research suggests that the Worldwide Hydrogen Fuel Cell Vehicle Market was 25.00 Thousand Units in 2020.

The technology used for Global Fuel Cells Vehicles

Globally, fuel cell vehicles are typically categorized by the technology used. Prominent technologies of fuel cells include Polymer Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Direct Methanol Fuel Cells (DMFC), Phosphoric Acid Fuel Cells (PAFC) and Molten Carbonate Fuel Cells (MCFC). Of these, PEMFC is the common commercialized type today due to its low operating temperature (50-100°C), compact start time, and its oxidant (atmospheric air) ease of use. These characteristics make PEMFC ideal for mobility solutions. They are part of the reason for the rapid development of FCEVs starting from the 1990s. As per our analysis, the Global Fuel Cell Vehicle Industry is expected to grow with a massive CAGR of 44.32% from 2020 – 2030.

Regional Analysis of Fuel Cell Vehicle Industry

The global fuel cell vehicle market report revolves around crucial regions, including Europe, North America, Asia Pacific, Middle East and Africa and Latin America. In North America, the United States has a massive number of hydrogen fuel stations provisioning to the market. Both US and Canada have been supporting the market for low emission vehicles. Fuel cell vehicles are in tremendous demand in some states like California in the US and British Columbia in Canada. Also, Asia-Pacific is a fast-growing market for hydrogen fuel stations. China, South Korea and Japan are currently leading the fuel cell vehicle market in Asia-Pacific. China is converging more on buses and trucks for FCEV’s.

In the upcoming years, nations such as China, Japan, and South Korea are expected to pivot in advancing fuel cell electric vehicle technology. Large corporations such as Toyota are trying to become the leader in fuel cell technology. As with most technologies, fuel cell technology’s initial development and deployment phases heavily depend on government policies and incentives. To various extents and for multiple reasons, governments of China, the United States, European nations and Japan have encouraged the development of the fuel cell industry. The countries invest heavily in core technology research and establish subsidy policies and medium/long-term strategic plans.

Policy Overview across Major Markets:

In Europe Hydrogen Roadmap Europe: a transition to one-third ultra-low carbon hydrogen production by 2030 has been devised.
Similarly, in Japan policy for the full-fledged manufacturing operation, transportation and storage of zero-carbon emission hydrogen by 2040 have been planned.
In addition, in the United States, the California Fuel Cell Partnership has also outlined targets for 1,000,000 FCEVs by 2030.

The Global Fuel Cell Market is dominated by established players such as Toyota Motor Corporation, Volkswagen, Daimler AG, Honda Motor Company, and Ford Motor Company. These companies contribute extensive products and solutions for the fuel cell vehicle industry, have strong global distribution networks, and invest heavily in R&D to develop new products.

Recent Developments in Fuel Cell Car Companies:

In March 2021, Toyota Corporation revealed a new hydrogen production facility and refuelling station at its decommissioned car factory in Melbourne, Australia, before its second-generation fuel-cell car, the Mirai FCEV. The facility includes a 200-kilowatt electrolyzer powered by an on-site 84-kilowatt solar array and a 100-kilowatt battery.
In March 2021, Toyota Motor Corporation and Beijing SinoHytec proclaimed a joint venture to produce hydrogen fuel cell vehicles concerning the Chinese market. As per the joint statement, the two companies are foreseen to invest USD 72 million into Huafeng Fuel Cell Co. Ltd. The company’s first car will be modelled after Toyota’s hydrogen fuel cell vehicle MIRAI and is slated to begin production in 2023.

Renub Research latest report “Global Fuel Cell Vehicle Market, Global Forecast By Technology (Polymer Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Direct Methanol Fuel Cells (DMFC), Phosphoric Acid Fuel Cells (PAFC) and Molten Carbonate Fuel Cells (MCFC), Region (North America, Europe, Asia Pacific, Middle East and Africa and Latin America), Companies (Volkswagen, Daimler AG, Toyota Motor Corporation, Honda Motor Company, and Ford Motor Company)” provides a detailed analysis of Global Fuel Cell Vehicle Industry.

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Technology – Fuel Cell Electric Vehicle has been covered from 5 viewpoints:

  1. Polymer Exchange Membrane Fuel Cells (PEMFC)
  2. Solid Oxide Fuel Cells (SOFC)
  3. Direct Methanol Fuel Cells (DMFC)
  4. Phosphoric Acid Fuel Cells (PAFC)
  5. Molten Carbonate Fuel Cells (MCFC)

Region – Fuel Cell Electric Vehicle has been covered from 5 viewpoints:

  1. North America
  2. Europe
  3. Asia Pacific
  4. Middle East and Africa
  5. Latin America

Company Insights:

• Overview
• Recent Development & Strategies
• Financial Insights

Company Analysis

  1. Volkswagen
  2. Toyota Motor Corporation
  3. Daimler AG
  4. Ford Motor Company
  5. Honda Motor Company

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research

Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
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Global Dairy Blends Industry is expected to grow with a CAGR of 5.27% from 2020-2027

Dairy blends are dairy products produced by blending or mixing two dairy mixes, such as condensed cream or butter mixed with vegetable oils. Dairy blends are chosen over dairy products because of perks such as low cost, ease of spread ability, and health benefits. Dairy blends also provide nutritional value to people by combining a protein source with dairy products. Dairy mixes include butter with cocoa powder, butter oils with vegetable fats, and butter with sugar. According to Renub Research latest report, the Global Dairy Blends Market is expected to reach US$ 4.54 Billion by 2027.

dairy blends market 2020 – 2027

By Product – Powdered Dairy Blend is the most Popular form of a Dairy Blend

The Global Dairy Blends Market is classified into powder, spreadable and liquid. Amongst the variants, the powdered dairy blend is the most popular form of a dairy blend. Since the powder is produced usually by spray-drying milk, it holds all the nutritional values as natural cow’s milk. The powder form is primarily used in making baby food products or infant formulations. The powdered dairy blend also works as a sweetener and stabilizer in ice cream and yoghurts. Besides, it is easy to store and has a more prolonged shelf life owing to its dry form.

Moreover, spreadable dairy blends are increasingly becoming popular and are expected to witness growth during the forecasted period. Spreadable dairy blends are made using vegetable oils that eliminate the risk of heart diseases. The primary factor contributing to the development of spreadable dairy blends is that it serves as a low-fat alternative to butter and margarine, addressing it healthy for consumption. Spreadable dairy blends are used with cocoa, vanilla, and various other flavours for taste preferences. Hence, such products are utilized as toppings in salad dressings, frozen custards, and ice creams.

Dairy Blends Market Response to COVID-19 Pandemic

A global impact on foodservice in 2020 positively affected the dairy blends industry growth. A potential shift from meat-based to dairy-based protein owns bode well for the industry scope. Additionally, the pandemic has made people more aware of the need to adopt healthy diets. A more substantial than expected rise in retail sales in the U.S. and European countries and milk production will foster dairy blends market value over 2020-2027. Our study suggests that the Global Dairy Blends Industry is expected to grow with a CAGR of 5.27% from 2020-2027.

By Application – Infant Formula has the Largest Market Share

Global Dairy Blends Market revolves around Bakery, Ice-cream and Infant Formula. Infant formula accounted for the largest market share. An escalation in the number of working women in the corporate environment globally has driven a surge in the consumption of infant formulas as it lessens the preparation time required to cook baby food.

Further, Bakery products account for a significant market share. Powder and spreadable blends both are utilized in bread making and cakes. Numerous cake toppings are made by mixing various flavours with these blends. Those blends serve as excellent substitutes for traditional milk and butter due to significant innovation in the manufacturing of bakery products to cater to the health-conscious population’s demand.

Based on Type

The market inculcates dairy mixtures, dairy/non-dairy ingredients, dairy as functional and dairy as a carrier. Non-dairy ingredients witnesses increased demand from infant formulas, confectionaries and ice cream. These ingredients further enable manufacturers to improve the nutritional and sensory profile of the products, stimulating dairy blend industry trends. As per our research findings, Worldwide Dairy Blends Market Size was valued at US$ 3.17 Billion in 2020.

Regional Analysis – China drives the Asia Pacific Dairy Blends Market

By Region, the Global Dairy Blends Market is classified into North America, Europe and the Asia Pacific. In the Asia Pacific, most of the demand for dairy blends is driven by China. Additionally, major global providers of dairy products are situated in Australia and New Zealand. In addition, as per our analysis, North America accounted for a significant market share in 2020. Increasing consumption of dairy products in North America is driving the market for dairy blends.

The dairy blends market is profoundly competitive in nature with the occupancy of numerous domestic and global performers. Private-label brands have been gaining a competitive edge in terms of products differentiation and cost-efficient explications. The market analysed is dominated by players, such as Cargill Foods, Kerry Foods, Archer Daniels Midland and Tate & Lyle.

Renub Research latest report “Global Dairy Blends Market, Global Forecast By Type (Dairy Mixtures, Dairy/Non-dairy ingredient, Dairy as Functional and Dairy as Carrier), By Application (Bakery, Ice-cream, Infant Formula and Others, By Product (Powder, Spreadable and Liquid), By Region (North America, Europe and Asia Pacific), Company Analysis (Cargill Foods, Kerry Foods, Archer Daniels Midland and Tate & Lyle)” provides a detailed analysis of Global Dairy Blends Industry.

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Type – Global Dairy Blends Market has been covered from 4 viewpoints:

  1. Dairy Mixtures
  2. Dairy/Non-dairy ingredient
  3. Dairy as Functional
  4. Dairy as Carrier

Application – Global Dairy Blends Market has been covered from 4 viewpoints:

  1. Bakery
  2. Ice-cream
  3. Infant Formula
  4. Others

Product – Global Dairy Blends Market has been covered from 3 viewpoints:

  1. Powder
  2. Spreadable
  3. Liquid

Region – Global Dairy Blends Market has been covered from 3 viewpoints:

  1. North America
  2. Europe
  3. Asia Pacific

Key Players have been covered from 3 viewpoints:

  1. Overview
  2. Recent Developments
  3. Sales

Company Analysis:

  1. Cargill Foods
  2. Kerry Foods
  3. Archer Daniels Midland
  4. Tate & Lyle

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No:
+1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Global Dark Chocolate Industry will likely grow at a CAGR of 6.03% from 2020-2027

Dark chocolate, sometimes known as “bittersweet” or “semisweet,” is produced with cocoa butter rather than fats like palm or coconut oils. Dark chocolate has a rich, robust flavour and is high in flavonoids, which contribute to the pigment’s colour. Darker chocolate has more flavonoids, which means it has potentially more health advantages. Almost 60% Cocoa the solid present in dark chocolate is with little or no sugar. Dark chocolate is available in chocolate bars, candies and baking chocolate, etc. According to Renub Research, the Global Dark Chocolate Market is projected to reach US$ 71.98 Billion by 2027.

dark chocolate market 2020 – 2027

Global Dark Chocolate Market is of various types: Organic Dark Chocolate, Inorganic Dark Chocolate, and Other. The organic and clean label movement has swept the food and beverage industry as a whole. The organic and pure label trend impacts dark chocolate manufacturers, increasing demand for premium and organic ingredients. Manufacturers are also adding natural sweeteners like stevia and coconut sugar to appeal to a consumer base concerned about their food choices.

COVID-19 Impact on Dark Chocolate Industry

COVID-19 had a positive impact on the chocolate market when it first appeared in 2020. During the lockdown, chocolate consumption at home increased dramatically. Chocolates, like other consumables, were purchased in bulk, resulting in higher volume sales through supermarkets and hypermarkets. However, after relaxing limitations in both importing and exporting countries, the market became more stable.

Dark Chocolate and its Health Benefits

Globally, Dark Chocolate is used for various purposes like Confectionery, Functional Food & beverages, Pharmaceuticals and Cosmetics. Its market is vast in the food and beverages sector because of its use in salt and sweet dishes to make lip-smacking smoothies. However, its various health benefits escalate its market globally. Dark chocolate consumption protects the brain from age-related stress and inflammation, which play a role in neurodegenerative diseases like Alzheimer’s. It also aids in enhancing blood circulation to the brain, which improves the capacity to focus, improves memory, and reduces anxiety levels. The worldwide dark chocolate market is predicted to develop moderately over the next five years due to the above-mentioned factors. The Global Dark Chocolate Industry will likely grow at a CAGR of 6.03% from 2020-2027.

Regional Analysis: North America holds the Largest Market Share

North America holds the largest Dark Chocolate market share worldwide because of well-known brands and increasing chocolate consumption. Festivals like Christmas, Good Friday, and others are expected to raise the demand for chocolates and improve sales. According to our research over the forecast period, the Asia-Pacific region is expected to increase faster. The growing influence of western culture and eating habits, together with the country’s rapid population expansion, are the major drivers expected to fuel market growth in this region. Our research suggests that The Worldwide Dark Chocolate Market Size was US$ 47.77 Billion in 2020.

However, fluctuating raw material costs, particularly cocoa, supply instability, and political instability in cocoa-producing countries, are projected to pose a challenge to market expansion. Factors like changing customer flavour preferences regularly are also a growing barrier.

Renub Research latest report “Global Dark Chocolate Market by Product Type (Organic Dark Chocolate , Inorganic Dark Chocolate , Other), Application (Confectionery, Functional Food & Beverage, Pharmaceuticals, Cosmetics), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Non-Grocery Retailers, Others), Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa), Company Analysis (Hershey’s, Mondelez International, Inc., Amul, Meiji Holdings Co. ltd, Saputo Inc)” provides complete details on Global Dark Chocolate Industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=dark-chocolate-market-p.php

Type –Market breakup from 3 viewpoints

  1. Organic Dark Chocolate
  2. Inorganic Dark Chocolate
  3. Other

Application – Market breakup from 4 viewpoints

  1. Confectionery
  2. Functional Food & Beverage
  3. Pharmaceuticals
  4. Cosmetics

Distribution Channel – Market breakup from 4 viewpoints

  1. Supermarkets and Hypermarkets
  2. Convenience Stores
  3. Non-Grocery Retailers
  4. Others

worldwide dark chocolate market analysis

Region – Market breakup from 5 viewpoints

  1. North America
  2. Europe
  3. Asia-Pacific
  4. South America
  5. Middle East and Africa

All Key players have been covered from 3 viewpoints

• Overview
• Recent Development
• Revenue

Company Analysis

  1. Hershey’s
  2. Mondelez International, Inc.
  3. Amul
  4. Meiji Holdings Co. ltd
  5. Saputo

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No:
+1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Global Halal Cosmetics Industry will grow with double-digit CAGR of 19.97% during 2020-2027

As per Islamic law, Halal denotes permissible and lawful, whereas haram means prohibited. According to Islamic law, the term halal-haram rule is a part of the entirely legal system.” Halal” is often associated with food. Moreover, Halal cosmetics products are gaining traction and surging demand among 2.4 billion Muslim populations worldwide. Apart from the Muslim population, the non-Muslim population attributes these products with ethical consumerism and more stringent quality assurance standards. Halal cosmetics should not contain ingredients derived from blood, pig, human body parts, predatory animals, reptiles, insects, etc. The Worldwide Halal Cosmetics Market Size was valued at US$ 29.13 Billion in 2020.

halal cosmetics market 2020 – 2027

By Product – Color Cosmetics Product is anticipated to Grow Rapidly

Globally, the demand for halal cosmetics products among consumers is surging. But the development of halal cosmetics and the assessment of their product performance are still in their infancy, as cosmetics production is still dominated by the non-halal sector globally. Furthermore, there is a worldwide dearth of guiding documents on the development and assessment techniques in the production of comprehensively Halal Cosmetics. This report covers the global halal cosmetics market into Personal care products, Color cosmetics, Fragrances and Other products. By product, Color cosmetics product is anticipated to grow rapidly due to the younger population rising because of lifestyle changes. As per this report, Global Halal Cosmetics Industry will grow with double-digit CAGR of 19.97% during 2020-2027.

Factors fuelling Market Growth for Halal Cosmetics Industry

Increasing Muslim population worldwide, surging halal-certified cosmetics manufacturers, growing demands of organic color cosmetics, Online channels, most probably ecommerce and social media playing a crucial role among younger consumers globally hence giving traction to this market growth. However, high costs associated with products and lacks of standard guidelines for halal certification are some of the challenges facing this market.

By Region – Asia-Pacific’s Region dominates the Halal Cosmetics Industry Globally

We have studied the global halal food market into North America, Europe, Asia-Pacific’s, and South America & Middle East. Among all other regions, Asia-Pacific’s region dominates the halal cosmetics industry worldwide. As most of the Muslim population belongs to this region simultaneously, the market penetrate both big and small sizes with a wider range of products is one of the prime reasons for the rise of this market in the Asia-Pacific’s region. According to Renub Research, Global Halal Cosmetics Market is expected to be US$ 104.17 Billion in 2027.

COVID -19 Impacts on Halal Cosmetics Industry

Across the globe, the halal cosmetics market have taken a hit by the COVID-19 pandemic and gives room to new products such as hand sanitizers, cream, eye care etc. As the mask-wearing, restrictions, and social distancing became a norm. Due to the pandemic, recovery of the cosmetics product market is expected to be sluggish in 2021, but it will recover during the forecast period as per Renub Research projection. The major players covered in the global halal cosmetics market are Amara Cosmetics, S&J International Enterprises, Ester Lauder Companies, L’Oréal.

Renub Research latest report titled “Halal Cosmetics Market, Global Forecast by Product (Personal care products, Color cosmetics, Fragrance and Other products) Application (Skin Care, Hair Care, Beauty Care, Others) Distribution Channel (Online & Offline) Regions (North America, Europe, Asia-Pacific’s, and South America & Middle East.) Company (Amara Cosmetics, S&J International Enterprises, Ester Lauder Companies, L’Oréal)” provides comprehensive details on Global Halal Cosmetics industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=halal-cosmetics-market-p.php

Product Type –Market breakup from 4 viewpoints

  1. Personal Care Products
  2. Color Cosmetics
  3. Fragrances
  4. Other Products

Applications – Market breakup from 4 viewpoints

  1. Skin Care
  2. Hair Care
  3. Beauty Care
  4. Other

Distribution Channels – Market breakup from 2 viewpoints

  1. Online
  2. Offline

Region – Market breakup from 5 viewpoints

  1. North America
  2. Europe
  3. Asia-Pacific
  4. South America
  5. Middle East and Africa

All key players has been covered from 3 viewpoints

• Overview
• Recent Development
• Revenue

Company Analysis

  1. Amara Cosmetics
  2. S&J International Enterprises
  3. Ester Lauder Companies
  4. L’Oréal

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research

Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

sports medicine will grow with a healthy CAGR of 7.70% during 2021-2027

Sports medicine is a type of medicine that focuses on improving people’s athletic abilities. Sport medicine products aid in the recovery of injuries as well as the prevention of future injuries. Furthermore, sports medicine has outgrown all other healthcare fields in terms of growth, as healthcare practitioners in this sector can treat a wide range of people, not only athletes. The growing incidence of sports-related injuries and increased public awareness regarding physical fitness has surged in demand for the sports medicine market across the world. According to Renub Research, Global Sports Medicine Market was valued at US$ 12.1 Billion in 2027.

sports medicine market 2020 – 2027

Worldwide Sports Medicine Industry has been divided into Orthopedics Devices, Body Reconstruction & Repair, Body Support & Recovery, Body Monitoring & Evaluation and Accessories. By Product, Body reconstruction and repair products have generated the highest revenue among all. The increased demand for arthroscopy devices and an increase in transition from conventional open surgeries to minimally invasive surgeries employing orthobiologics are influencing this segment market. The growing use of fracture and ligament repair devices and the increasing utilization of arthroscopy equipment in minimally invasive procedures were credited with huge market share growth. As per our research findings, the market for sports medicine will grow with a healthy CAGR of 7.70% during 2021-2027.

By Application

Sports Medicine is most used for Knee Injuries as Knee injuries are one of the most prevalent injuries sustained when participating in sports or other physical activity. This is because excessive running and jumping causes knee joint wear and strain. Knee injuries are quite common, according to the British Journal of Sports Medicine, accounting for roughly 41% of all sports injuries. Orthopaedic clinics use most sports medicine due to the increase of these types of injuries. As per this research report, Worldwide Sports Medicine Market Size was US$ 7.2 Billion in 2020.

Factors Driving Sports Medicine demand Globally

Rising prevalence of sports injuries
Continual invention of new goods and treatment modalities
And increased desire for less invasive operations are all driving the industry forward.

Facts about Sports Medicine

According to a February 2020 article by Sarah Megginson, 89 per cent of Australian adults participate in sports every year, with 62 percent doing so at least three times per week.
The demand for injury treatment and rehabilitation is predicted to rise around the world as more people participate in sports (both children and adults) and as the incidence of sports injuries will increase.

This is viewed as a favorable indicator of the sports medicine market’s expansion. However, one of the significant challenges the global sports medicine market faces is the high cost of implants. Many developing countries, such as India, where patients do not have insurance coverage, it is hard for them to pay such a big amount to hospitals for their treatment.

COVID- 19 Impacts

Most international, regional, and national sports activities have been postponed to combat the disease, resulting in fewer sports injuries and, as a result, a decrease in demand for sports medicine. For example, the emergence of COVID-19 in April 2020, the Confederation of African Football stated their intention to move the African Champions League semi-finals. But the market will recover in 2021 and will increase during the forecast period as per Renub Research anticipation.

Renub Research new report titled “Global Sports Medicine Market by Product (Orthopedics Devices, Body Support & Recovery, Body Reconstruction & Repair, Body Monitoring & Evaluation and Accessories), Application (Hand & wrist, Shoulder Injury, Ankle – foot Injury, Arm – elbow Injury , Knee Injury, Back – spine Injury and Hip – groin Injury) End Users (Hospitals, Ambulatory, Clinics and Other), Region (North America, Asia- Pacific’s, Europe, ROW), Company (ZIMMER BIOMET HOLDINGS, INC., MEDTRONIC PLC, Smith & Nephew, Stryker)” provides comprehensive details about Global Sports Medicine industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=sports-medicine-market-p.php

Product Type –Market breakup from 5 viewpoints

  1. Orthopedics Devices
  2. Body Reconstruction & Repair
  3. Body Support & Recovery
  4. Body Monitoring & Evaluation
  5. Accessories

Application – Market breakup from 7 viewpoints

  1. Hand & wrist
  2. Shoulder Injury
  3. Ankle – foot Injury
  4. Arm – elbow Injury
  5. Knee Injury
  6. Back – spine Injury
  7. Hip – groin Injury

End Users– Market breakup from 4 viewpoints

  1. Hospitals
  2. Ambulatory
  3. Clinics
  4. Other

Region – Market breakup from 5 viewpoints

  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of World

All companies have been covered from 3 viewpoints

• Overviews
• Recent Developments
• Financial Insights

Company Analysis

  1. ZIMMER BIOMET HOLDINGS, INC.
  2. MEDTRONIC PLC
  3. Smith & Nephew
  4. Stryker

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