Global Chicken Meat Market is expected to expand with a nominal CAGR of 0.96% during 2021-2027

According to Renub Research report titled, “Global Chicken Market, Size, Share, Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” The Worldwide Chicken Market Size was USD 196.02 Billion. The chicken market has increased, consolidation, and globalized in multiple countries of all income levels, mainly owing to strong demand. The major producers are likely to achieve significant advances, with the United States, Brazil, and China leading the way. Globally, the chicken industry is most dynamic and adaptable in the worldwide livestock market. Furthermore, the chicken, which was formerly considered a unique treat, is today the most devoured animal on the planet. The chicken meat industry plays a vital role in nutrition and is the fastest-growing agricultural sub-sector, particularly in emerging countries.

Global Chicken Market to Reach USD 207.67 Billion by 2027

The Chicken Market will grow at a nominal growth rate:

The chicken industry is one of the most competitive markets in the world, and it is presently mature. Besides, consumer awareness of animal-rich protein has increased significantly in the last few years. Moreover, chicken meat is becoming increasingly popular among people in both developed and developing countries, and it is expected that this trend will continue in the future years. As a result, the market has been growing nominally with considerable growth rates over the last few years, anticipating to increase significantly in the forecast period, i.e., 2021-2027. Furthermore, many companies are generating clean meat in laboratories employing cell technology, which avoids the use of animal slaughter. As per our analysis, during 2021-2027, the Global Chicken Market market is predicted to grow at a CAGR of 0.96%.

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China, the United States, and Brazil are the Largest Producers of Chicken:

Over the period of time, global chicken production has seen upsurge records in various countries such as European Union, Russia, China, Brazil, India, Argentina, Turkey, Columbia, Mexico, Thailand, and the United States. As per our report, the United States, Brazil, China are the leading chicken producers worldwide. Several companies and manufacturers worldwide have taken steps to introduce cell-based chicken meat, which is gaining popularity in the market. For instance, as published on March 1, 2021, in CNBC, Eat Just, a multibillion-dollar company, is selling lab-grown chicken worldwide. Aside from that, the nutritional benefits of chicken meat products are well-known around the world.

China, Thailand, and the European Union have Significant Consumption Markets:

In our report, we have analyzed the consumption market of chicken in Brazil, China, the European Union, India, Russia, Mexico, Thailand, Argentina, Columbia, Turkey, and the United States. Remarkably, the United States, China, and Brazil are the leading chicken-consuming countries in the world. Moreover, we have accessed that China had the most impressive consumption growth rate in terms of poultry consumption per capita among the leading consumer countries. In contrast, other global leaders’ poultry consumption per capita grew considerably slower.

Importing and Exporting Countries of the Chicken:

We have covered Mexico, Japan, China, European Union, Saudi Arabia, United Arab Emirates, South Africa, Iraq, the Philippines, and United Kingdom. As per our analysis, Japan, Mexico, and United Kingdom are the major importing countries. Further based on our report, we have analyzed the export market of the European Union, Brazil, Ukraine, Thailand, China, Turkey, Belarus, Argentina, Russia, and the United States. Remarkably, Brazil, the United States, and European Union are the leading exporters.

Key Players

Our report includes JBS S.A., Tyson Foods, Pilgrim’s Pride Corporation, Danish Crown Group, Vion Food Group, WH group, Hormel Foods Corporation, Muyuan Foods, among the key market players. Further, our analysis includes a business overview, sales analysis, and recent development of the companies.

COVID-19 Impact on the Global Chicken Industry

During the pandemic, chicken sales in the first few months were regularly declining as rumors spread that COVID-19 could be transmitted through meat consumption. However, as per our analysis, the chicken market will rebound in the forecast period, i.e., 2021-2027. Production and transportation disruptions, dwindling consumer demand, and fluctuating markets wreaked havoc on farm finances, forcing many to close permanently. The distribution of chicken and poultry products was hampered by market risks such as value chain fragmentation, high intermediation costs, and no or limited traceability. Hence, the global chicken market saw a negative impact during the pandemic.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/global-chicken-market-p.php

Market Summary:

  • Production: We have covered chicken production in China, Brazil, European Union, Russia, India, Mexico, Thailand, Argentina, Turkey, Columbia, United States.
  • Consumption: Our report includes China, Brazil, the European Union, Russia, Mexico, South Africa, Japan, Argentina, the United Kingdom, Thailand, and the United States as consuming countries of the global chicken market.
  • Import: In our report, we have covered Japan, Mexico, China, European Union, United Arab Emirates, Saudi Arabia, Iraq, South Africa, the Philippines, and United Kingdom as importing countries.
  • Export: We have covered chicken export in Brazil, European Union, Thailand, Ukraine, China, Turkey, Belarus, Russia, Argentina, and the United States.
  • Key Players: Our report includes companies like JBS S.A., Tyson Foods, Pilgrim’s Pride Corporation, Danish Crown Group, Vion Food Group, Hormel Foods Corporation, WH group Muyuan Foods as key market players in the global chicken industry.

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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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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Follow on Twitter: @renubresearch

Canada Fast Food Industry is expected to expand at a CAGR of 4.7% from 2021-2027

According to Renub Research report titled, “Canada Fast Food Market, Share, Insight, Forecast 2022-2027, Industry Trends, Growth, Size, Impact of COVID-19, Company Analysis” Canada Fast Food Market Size was USD 31.8 Billion in 2021. The Canadian food industry has evolved and changed to meet customer demands and consumer behavior. Remarkably, food is prepared and served at independent fast-food restaurants, street vendors, or chained fast-food restaurants such as Tim Hortons, Starbucks, McDonald’s, Dairy Queen, KFC, Dominoes, Pizza Hut, Wendy’s, and Burger King is referred to as fast food.

Besides, they can be used as a substitute for home-cooked meals. According to BC Food Web, fast food accounted for 6.3 percent of the average Canadian’s daily food intake in 2020. As a result, fast food has established roots in both developed and developing economies over time, and it is primarily accepted due to its quick availability and taste factor.

COVID-19’s Impact on the Canadian Fast Food Industry:

The COVID-19 pandemic harmed Canada’s fast-food industry due to increased cases and fears of infection from food. Furthermore, revenue has been impacted by operational disruptions in the hotel and food & beverage industries and disturbances in the supply chain provoked by the COVID-19 outbreak. During the pandemic, increased awareness of the benefits of eating healthy foods influenced market growth. Regardless, due to an increase in the number of fast-food franchises and growing demand for online food deliveries, the market regained its demand following the pandemic.

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Canada Fast Food Industry Is Anticipated to Expand At A CAGR Of 4.7% From 2021-2027:

The major factors propelling the market expansion are increased consumer spending and the growing influence of food delivery applications. Furthermore, faster urbanization and globalization are attributed to the increase in restaurants and hotels, which is expected to boost the Canadian fast-food market’s growth. Again, because women do not have enough time to prepare meals, they turn to fast food and use technology to order, which fuels the development of the Canadian fast-food market. Additionally, increased media and travel exposure to international cuisine will continue to drive the growth of this market.

Burgers/Sandwiches and Pizza Are the Most Favored Fast Food in Canada:

Depending on the type, the market revolves around pizza/pasta, burgers/sandwiches, chicken, Asian/Latin American food, and seafood. Due to the flavors and ingredients used in the products, burgers/sandwiches have been the most popular fast food among consumers. The vast availability of burger options, including products with protein options such as venison, beef, and several others, can be attributed to the growing demand for burgers/sandwiches.

Furthermore, several food-service operators experimented with various cheese, bacon, onion, meatloaf, and other fillings. Nonetheless, pizza/pasta is the most popular fast food in Canada, owing to increased consumer demand for taste and preferences, and pizza is the most popular takeout and delivery option. During the Canadian fast-food market forecast, it is expected to grow at a phenomenal rate.

Service That Is Quick Restaurants Are the Most Popular Medium Among Canadians:

As per our analysis, in Canada, the Fast Food Market, the end-user industries such as Quick Service Restaurants (QSRs), Street Vendors, Home Delivery, Cafés, and Bars, among others, use fast food extensively. Consumers in Canada prefer quick-service restaurants, driving up demand for fresh, tasty, and appealing food at a reasonable price. As a result, the demand for quick-service restaurants is growing. Besides, during the pandemic, the home delivery option has seen a lot of growth. Wherein, the plurality of consumers chooses to order online while staying indoors.

Competitive Landscape:

In our report, Starbucks Corp, Domino’s Pizza Inc, The Wendys Co., Kentucky Fried Chicken (KFC), Tim Hortons, Restaurant Brands International Inc, A&W Food Services of Canada Inc, MTY Food Group Inc, Papa John’s International Inc, Performance Food Group Company are all analyzed to be strong players in the Canada Fast Food Market. The market’s major players have extensive global distribution networks. Furthermore, businesses are improving their menus and services in response to shifting consumer preferences. Moreover, an increase in the number of quick-service restaurants in the industry is aiding sales.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/canada-fast-food-market-p.php

Market Summary:

  • Type: We have covered Independent Consumer, Chained Consumer in our market analysis.
  • Cuisines Type: In our report we have studied the market for Pizza/Pasta, Burgers/Sandwiches, Chicken, Asian/Latin American food, and seafood
  • End User: We have covered Quick Service Restaurant (QSR), Street Vendors, Home Delivery, Cafés, and bars and other as market for end-users in Canada Fast Food Market.
  • Company Analysis: The key players covered are Starbucks Corp, Domino’s Pizza Inc, The Wendys Co., Kentucky Fried Chicken (KFC), Tim Hortons, Restaurant Brands International Inc, A&W Food Services of Canada Inc, MTY Food Group Inc, Papa John’s International Inc, Performance Food Group 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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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

Follow on Twitter: @renubresearch

Global Ready to Drink Tea and Coffee Market is expected to reach US$ 153.19 Billion by 2027

According to Renub Research, report titled “Ready to Drink Tea and Coffee Market, Size, Global Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Company Analysis” the Ready to Drink Tea and Coffee Market is expected to reach US$ 153.19 Billion by 2027. Globally, tea and coffee that are ready to drink are packaged beverages sold in a ready-to-drink state. To replace nutritional shortages, RTD tea and coffee can also be modified to deliver personalized health benefits to consumers, especially for children and women. As a result, young people in both developed and developing countries are switching to RTD beverages for a quick boost of energy instead of synthetic sports drinks. Furthermore, ready-to-drink tea and coffee can be used as a substitute for carbonated drinks. Remarkably, Ready to Drink Tea is regarded as a healthy beverage. At the same time, Ready to Drink Coffee is considered a reliable source of immediate energy.

Global Ready to Drink Tea and Coffee Market to Grow with a CAGR of 7.3% from 2022-2027

Worldwide Ready-to-Drink Tea and Coffee Market was valued at US$ 100.10 Billion

In recent years, due to customers’ busy and fast-paced lifestyles, ready-to-drink tea and coffee has seen increased demand as an alternative to carbonated drinks. In addition, changing lifestyles that encourage on-the-go eating and a growing tendency of substituting less nutritious snacks for meals has increased by global Ready to Drink Tea and Coffee acceptance. As a result, the market has been developing moderately with considerable growth rates over the last few years. It is anticipated to increase significantly in the anticipated period, i.e., 2021-2027.

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How COVID-19 Benefited the Ready-to-Drink tea and Coffee Industry

The global ready-to-drink tea and coffee market rose due to the COVID-19. Restaurants, cafés, tea micro-roasters, and other out-of-home outlets have all been harmed by measures such as social separation and lockdowns. Nonetheless, the present trend toward online purchase for consumption at home is forcing retailers, roasters, and consumers to adjust to this new reality. As a result, this factor boosts the global consumption of RTD coffee and tea. As a result, demand for RTD tea and coffee increased in 2020, resulting in increased RTD tea and coffee retail sales.

Ready To Drink Tea Segment Holds a Significant Share of The Global Tea And Coffee Market:

Our report divides the market into two product categories: ready-to-drink tea and ready-to-drink coffee. The fastest-growing segment was Ready to Drink tea owing to the availability of the most appropriate tea tastes, such as fruit, black, green, herbal, matcha, oolong, and iced, as well as additional nutritional benefits such as necessary vitamins and minerals and a high supply of antioxidants. For example, catechin is present in RTD green tea. On the other hand, RTD coffee comes in a variety of flavors, including yerba mate, guarana, acai berry, ginseng, taurine, and iced varieties. In contrast, black coffee is high in vitamin B, potassium, magnesium, polyphenols, and caffeine.

The PET Bottle Segment is expected to have the largest market share:

The RTD tea and coffee industry is divided into four categories based on packaging: glass bottle, PET bottle, canned, and others. The PET bottle category is expected to have the most significant share in the worldwide RTD tea and coffee market. Notwithstanding, PET receptacles are in high demand among liquid manufacturers in the beverage packaging business because they are recyclable.

Distribution Channels in Ready-To-Drink Coffee and Tea Industry:

As per our analysis, ready-to-drink coffee and tea distribution are controlled by distribution channels such as supermarkets/hypermarkets, specialty stores, online stores, and others. Due to the significant increase in demand, Supermarkets/Hypermarkets and Specialty Stores are increasingly selling high-quality coffee and tea at cheap costs, appealing to busy consumers and effectively reacting to their lifestyles.

North America Has the Fastest-Growing Market for Ready-To-Drink Tea and Coffee:

As per our report estimates, due to increased consumer knowledge about the negative consequences of carbonated beverages, North America is the fastest-growing ready-to-drink tea coffee industry. Furthermore, due to increased demand for these products, Canada and the United States are driving the RTD tea and coffee business expansion in North American region. Moreover, the entire sector in the United States is expanding as the country’s health awareness grows.

Follow the link for the full report with detailed TOC and list of figures and tables:  https://www.renub.com/ready-to-drink-tea-and-coffee-market-p.php

Key Market Players:

According to our report, Suntory Holdings Ltd, Nestle SA, Asahi Group Holdings Ltd, Uni-President Enterprises, PepsiCo Inc, The Coca-Cola Company, Starbucks Corporation, Monster Beverage Company, Danone, and Unilever are among the market’s key players. Furthermore, the analysis includes a global overview, recent developments/initiatives, and the revenue of the players mentioned above.

Market Summary:

  • Product Category: We have studied the market for RTD Tea, RTD Coffee as product categories in Ready to Drink Tea and Coffee Industry.
  • Packaging: Our report covers PET Bottle, Glass Bottle, Canned, Others as packaging used in Ready to Drink Tea and Coffee Market.
  • Distribution Channels: In our report we have studied Supermarket/Hypermarket, Specialty Stores, Online Store and Others as distribution channels of Ready to Drink Tea and Coffee Industry.
  • Region: We have studied the regional market of North America, Europe, Asia Pacific, Middle East & Africa, South America in Ready to Drink Tea and Coffee Market.
  • Company Analysis: Our report studies key players like Suntory Holdings Ltd, Nestle SA, Asahi Group Holdings Ltd, Uni-President Enterprises, PepsiCo Inc, The Coca-Cola Company, Starbucks Corporation, Monster Beverage Company, Danone, and Unilever.

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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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

Follow on Twitter: @renubresearch

European Ice Cream Market is expected to grow with a CAGR of 4.59% during 2021-2027

According to Renub Research report titled “Europe Ice Cream Market Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Europe Ice Cream Market Size was US$ 21.7 Billion by 2021.  Ice-creams and frozen desserts are frozen foods traditionally eaten as snacks and desserts worldwide. Ice-creams are usually prepared from dairy products, say cream and milk. Flavors, colors, sweeteners, stabilizers, preservatives, and emulsifiers are added to enhance these products’ taste and shelf-life. Around the world, diverse cultures have different varieties of ice creams and frozen desserts popular in their countries. For instance, Italian people want Gelato after dinner or lunch.

Europe Ice Cream Market to reach US$ 28.4 Billion by 2027

Factors Driving the Europe Ice Cream Industry

In the European region, demands for ice-creams that are made using natural ingredients, low on fats, and at the same time don’t compromise on taste and indulgence is surging. European countries like Germany and Italy, UK are the biggest ice-cream markets. Over the time, indulgence and the growing consumer preference for ice cream as a leisure product drove the market’s growth, and new innovative flavors, offered by companies, further act as a catalyst for demand generation.

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Besides, consumer demand for naturally flavored, rising health concerns, and sweetened ice-creams and handcrafted ice-creams is growing. Apart from that, product innovation in ice cream, economic growth, retail market expansion and growth in disposable income are projected to have high impact on ice cream market and market share in the European region.

European Ice Cream Market is expected to grow with a CAGR of 4.59% during 2021-2027

The development of retail channels contributes to the growth of the ice cream market. Further, retail channels such as hypermarkets, supermarkets, convenience stores, and others act as marketing tools that assist in building an impressive premium image and increase brand exposure of a wide variety of ice cream products. The company’s product innovation is also diversifying the offerings and assists in meeting varying consumer demands. While economic growth is also helping to continue to increase customers’ spending power. Also, increasing demand for innovative products and the development of lactose-free ice cream provides growth opportunities for the ice cream market extension. However factors like health concerns associated with ice creams may hinder the growth a bit.

COVID Impact on Europe Ice Cream Industry

During the COVID-19 pandemic, the European ice-cream market exhibited sluggish growth due to the economic slowdown and supply chain disruptions over the period. Further, market revenues continue to be impacted by growing health issues concerning lifestyle diseases and the pandemic. Also, European people were avoiding ice cream as they felt it made them susceptible to COVID-19. Moreover, we expect post-pandemic recovery and growth in the ice cream industry in the region.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-ice-cream-market-p.php

Market Summary:

  • Product Type: The market has segmented into Artisanal, Impulse and Takes home
  • Ingredients: The report covers by Ingredients like Whole Milk, Skim Milk, Cream, Sweetening & Flavoring Agent, Other (Egg Yolk, Stabilizers, and Emulsifiers)
  • Category: We have studied the market by Category into Choc Snacks, Premium Ice-Cream, Luxury Ice Cream, Filled Cones, Children’s, Standard Ice-Cream, Adult Refresh, and Daily Ice Cream Desserts, and Individual Ice-Cream
  • Application: This segment is divided into Commercial and Residential
  • Distribution Channels:  Market is categorized into On Tread, Hypermarket & Supermarket, Food & Drink Specialists, Convenience Stores and Others
  • Producing country:  The markets of producing countries in the Europe are Germany, Italy, Spain, France and the United Kingdom
  • Company:  We have studied the Overviews, recent developments and sales analysis of following companies General Mills Inc., Nestle S.A., Unilever, Baskin Robbins, and Lotus Bakeries

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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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

Follow on Twitter: @renubresearch

South Africa E-Commerce Industry is expected to grow with a CAGR of 9.83% from 2020 to 2027

According to the report by Renub Research, titled “South Africa E-Commerce Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the South Africa E-Commerce Market Size was USD 4.5 Billion in 2021. Technological advances and modernization have undeniably played a critical role in the adoption of e-commerce in South Africa. It has changed the face of economic trade and is gaining a foothold in the retail industry due to a low-cost way of conducting economic activities and building global business partnerships to interchange information through interconnected networks. E-commerce is a form of computerized commerce, enabling customers to buy products or services over the internet using a browser, regardless of distance and time.


Besides, several factors contribute to impressive e-commerce growth in South Africa as it has second-largest youngest population in the world. Thus, there is potential for a massive digital audience. In addition, internet penetration has been growing due to the broad expansion of smart phones and mobile devices in common. Indeed, various digital payments are becoming more widespread in South Africa. This is undoubtedly an essential aspect of e-commerce. As per research findings in 2021, User penetration is 41.1% in 2021 and will hit 53.1% by 2025.

South Africa E-Commerce Market to Reach USD 7.9 Billion by 2027


How Covid-19 Benefited South Africa E-commerce Industry

The corona virus pandemic accelerates the development of the e-commerce market in South Africa, changes the way consumers behave and increases the importance of e-commerce even more. Indeed, consumers who stay at home and shop online to avoid the risk of infection also look more favorably on e-commerce; this has led not only to growth in industries that are already popular (clothing, electronics), but also those that were marginal until the crisis, such as e-grocery in South Africa.


Fashion & Personal Care Products Segments have High Growth Potential

Further, the top e-commerce product categories in South Africa are Toys, Hobby & DIY, Furniture, Food & Personal Care, Fashion and Electronics & Media in South Africa. Fashion is the largest retail category in South Africa. The shift toward e-commerce is a vital, palpable movement in most economies. A quarter of spending on accessories, clothing and footwear (fashion) already occurs online and its rapidly growing. Online marketplaces, like takealot.com and superbalist.com Fashion United SA, are key purchase influencers in a fashion shopper’s purchase journey in South Africa.

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


Notwithstanding, the e-commerce platform is the most popular for personal care products in South Africa.  Personal care products are commonly purchased online due to the wide range of products available on online platforms. The time-saving aspect of the medium has contributed to the rise of the online retail phenomenon. Online media helps consumers benefit by spending on skincare and increasingly associating an attractive appearance with career success and professionalism through beauty products.


South Africa E-Commerce Industry to grow with a CAGR of 9.83% from 2020 – 2027

On the basis of payment mode, alternative payment methods such as Bank transfers, Cards, Cash on Delivery (COD), Direct Delivery and E-wallet are being used by digital buyers in South African countries. E-wallets are much more common in South African compared to COD. Mostly unknown in advanced economies, E-wallet represents a revolution in other markets, making financial services accessible throughout the country, including remote rural areas. E-wallet allows customers to receive, store, and spend money using a mobile phone even without internet access.


Although, a card like credit and debit cards are popular payment methods for e-commerce payments in South Africa. It is simple to use; the customer has to enter their credit card number and date of expiry in the appropriate area on the seller’s web page. Increased security measures, such as using a card verification number (CVN), have been introduced to online credit card payments to improve the security system.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/south-africa-e-commerce-market-p.php 


South Africa’s e-commerce market is highly competitive and fragmented, with key market players such as Takealot, Superbalist, Woolworths, Amazon, Mrp. These key companies focus on expansions, acquisitions, and collaborations to strengthen their South Africa e-commerce industry.


Market Summary

  • Type – Our Report covers by type Market breakup by 5 viewpoints (Toys, Hobby & DIY, Furniture, Food & Personal Care, Fashion, and Electronics & Media)
  • Payment Mode – Renub Research Report covers by Payment Mode Market breakup by 6 viewpoints (Bank transfers, Cards, COD, Direct Delivery, E-wallet and others)
  • All the key players have been covered from 2 Viewpoints (Overview, Recent Development) Takealot, Superbalist, Woolworths, Amazon, and Mrp.

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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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

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Europe Olive Oil Market to Grow with 9.6% from 2022 to 2027

According to Renub Research report titled “Europe Olive Oil Market Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Europe Olive Oil Market Size will be US$ 7.35 Billion by 2027. For ages, the majority of world’s olive oil market has revolved around the realms of European boundaries. Hence, Europe has remained the leading market for producing, consuming, importing, and exporting olive oil. In addition, mainly, the Mediterranean countries of Europe are dedicated to the cultivation of olives trees, combining traditional, intensive and super-intensive groves. Remarkably, demand for olive oil in Europe remains stable. However, import quantities sometimes are expected to fluctuate due to variable production in the central supplying countries of the region.

Europe Olive Oil Market to Grow with 9.6% from 2022 to 2027


Europe Olive Oil Market Size was US$ 3.86 Billion in 2020

The thriving consumer interest in olive oil in Europe has three main driving forces combined: the ever-increasing popularity of the Mediterranean diet, the increasing awareness of olive oil’s health benefits and the quality of certain types of olive oil. In addition, the promotions of single-origin premium olive oil and sustainable and ethical production methods have been favourable aspects for well-established market culture in recent years. Besides, the best opportunities for the market come from a country like Spain, Italy, Greece and Portugal.


The European market remains the number one producer, exporter and consumer of olive oil in the world. The producing countries account for millions of hectares of olive groves, primarily dedicated to olive oil production. In our report, four producing member states of Europe have been analyzed: Spain, Italy, Greece, and Portugal. As per our analysis, Spain accounts for the most dominant market share in the European region for olive oil. Moreover, in terms of trade, a strong demand spurred by consumer preferences will increase European exports.


Extra Virgin Olive Oil is anticipated for strong Performance in the Forecast Period:

Eight different categories of olive oils and olive-pomace oils exist extra-virgin olive oil, virgin olive oil, virgin lampante olive oil, refined olive oil, olive oil composed of refined olive oil and pure olive oils, olive pomace oil, crude olive-pomace oil, refined olive pomace oil. However, all categories are unavailable to be sold to consumers. As per our analysis, Extra Virgin Oil, Virgin Oil, Lampante, Pomace are some prominent demanded oil readily demanded by the consumer level.


Further, as per our analysis, virgin olive oils witness strong market share existence. Due to their expanding popularity among customers, Virgin olive oils are associated with spreading awareness concerning their health advantages in Europe. Omega-3 and oleic acid in virgin oil aid prevent lifestyle-related disorders such as obesity and cardiovascular complications.


The extra virgin oil is anticipated to exhibit strong growth in Europe due to its high utilization in pharmaceuticals, cosmetics, and cooking. Additionally, European families use extra virgin oil for cooking; it is extensively used in personal care products like skincare for numerous purposes such as massages, sports injuries, and reducing muscle fatigue.


Expanding Utilization of Olive Oil in European Retail and Foodservice Sector Propels Market Growth:

Additionally, the growing awareness concerning the role of olive oil in maintaining good health has exceptionally boosted the demand for various types of olive oil in pharmaceuticals, cosmetics and cooking industries. On the other side, retail has survived one of the most dynamically advancing realms that enable enterprises in the olive oil market to constantly be on their toes to observe their aim customers and sustain a customized strategy.

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In addition, the foodservice sector in Europe utilized olive oil for salad dressing and preparing cold foods. Wherein, olive oil is widely used in the making of various food products, essentially healthy snacks. The expanding demand for healthy snacks amongst users has compelled manufacturers to consolidate nutrient-rich ingredients such as olive fruit oil to enhance the value of the final product.


Key Players in the European Olive Oil Market:

In our report, some of the market’s key players embrace Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited. Players in the Olive Oil Market affirm many essential strategies. For instance, in 2020, Deoleo, the world’s leading olive oil producer with Bertolli extra virgin olive oil brands, drives biodiversity.


Europe Olive Oil Industry recovering from Impact of COVID-19:

The demand and sale of olive oil observed a sudden slump with the outbreak of the COVID-19 pandemic. Nationwide lockdown in several countries also resulted in the disruption of trade activities, which has slowed the growth of this industry. However, after months of market imbalance, 2021 marks a year tendering growth in the European Olive Oil Industry, concluding a positive note.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/europe-olive-oil-market-p.php 


According to the market study done by Renub Research, the progress in the Covid-19 vaccination campaign in Europe has positively affected the recovery of the Olive Oil Industry. The reopening of the foodservice supply chain, the restaurant and hospitality (Horeca) sector, and easing travel restrictions are the major supporting end-users boosting the market growth.


Market Summary:

  • Volume Analysis: We have analysed the volume of Production, Consumption, Import and Export in Europe Olive Oil Market.
  • Country: We have also studied the Olive Oil Production Volume in Spain, Italy, Greece, Portugal and Others.
  • Type: In our report we have studied Extra Virgin Oil, Virgin Oil, Other (Lampante, Pomace, etc
  • Industry: The report studies Pharmaceuticals, Cosmetics, Cooking and Others revolving industries of the market.
  • End-User: We have studied Food Service, Food Processing and Retail as major end users of the market.
  • Company: The report summarises Deoleo, S.A, Del Monte Foods, Unilever Group, Semapa, Bunge Limited as key market players.

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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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 Chia Seed Industry will grow with a double digit CAGR of 30.77% during 2021-2027

According to Renub Research report titled “Chia seed Market Size Global Forecast 2021-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Global Chia Seed Market Size will reach to US$ 5.5 Billion by 2027. Salvia hispanica, also called Chia is a plant in the mint family which is grown commercially for its seeds and is rich in omega-3 fatty acids. Apart from that, Chia seeds provide a magnificent source of antioxidants as well as soluble fiber. Furthermore, chia seed production was only feasible in tropical and subtropical regions because the prolonged growing season required to complete seed development. At the same time, chia plants grow well in temperate climates; they need short days to flower and are typically killed by frost before seeds mature.

Global Chia Seed Market will grow at an Astonishing CAGR of 30.77% during 2021-2027


Worldwide Chia Seeds Market Size was valued at US$ 1.1 Billion in 2021

Globally, Chia is known for one of the highest sources of omega-3 fatty acids. Worldwide, surging demand of Chia seed and seed products say oil has a substantial value than soy, canola and flax. Omega-3 has a great source for many health benefits, say for instance it improves brain function, and the risk of heart diseases lowers, cancer and many more. Around the globe, the health foods and nutraceutical industries are currently marketing raw chia seeds as a dietary supplement.


In recent years, nutraceutical companies is growing exponentially due to an aging population surging worldwide, apart from that, consumers are demanding functional foods which has ingredients such as omega-3 fatty acids, and increasing interest and its use in preventative medicine. Due to the above reasons it gives traction to this market and is expected to grow on current nutritional trends. Surging awareness regarding many health benefits of omega-3 fatty acid foods has propelled growth. Also, Chia is used in pet and livestock feeds. More on this, Chia is a low-maintenance crop that prefers moderately fertile, well-drained soils due to its small seed size, precision planting is important to ensure good seed-to-soil contact.

Driving Factors & Challenges of Chia Seed Industry

The factors that drive the market for Chia seeds globally are growing demand for chia seeds in products like protein bars & natural food ingredients and dietary supplements in the food & beverage industry, vegan diet, organic & gluten-free. Furthermore, worldwide surging awareness about chia seeds products for healthy diet preferences for instance most importantly by the young athletes and professional sportspersons.

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


Regional Insights: United States Chia Seeds Demand is met from China, Mexico, and Latin American Countries

By Region, the report covers North America, Europe, Asia-Pacific, Latin America, Middle East and America, and Top Importing Countries like United States, Germany, Netherland, and Top Exporting Countries such as China, Canada, and the Netherlands. In the United States, consumption of chia seeds in numerous industries is expected to rise over the forecast period.


Besides, the surging incidence of heart diseases in the United States asserts the importance of omega-3 inclusion in daily diets. Centres for Disease Control and Prevention stated that, every year, around 659,000 adults die from heart diseases. America Heart Association (AHA) has recommended the omega-3 rich foods and oils in daily diets to keep cardiovascular diseases away. Chia seeds are an important source of omega-3 and omega-6 fatty acids, which is driving their consumption in the United States.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/chia-seed-market-p.php 


Impact of COVID- 19 on Global Chia Seeds Industry

The global COVID-19 pandemic has impacted the industries worldwide, which has certainly impacted the Chia seeds industry. Most importantly, the production, export and import of chia seeds products were hampered during the period among most countries. During the initial phase of Covid-19 in 2020, lockdown, transport restrictions caused disruptions in the logistics system. This has hit the commodity’s supply across the globe that led to a decline in the chia seeds market in that year. Our analysts expect that the market will recover post-pandemic and will grow during the forecast period.


Market Summary:

  • Form : The reports covers market of following form Whole Chia, Milled/Ground Chia, Pre-hydrate Chia, Chia Oil, Type (Black, Brown, White)
  • Application: The market is divided into Personal Care & Cosmetics, Animal Feed & Pet Food, Nutritional & Dietary Supplements, Others
  • Top Importing Country – In this report we have covered top Chia Seed Importing countries like United States, Germany and Netherland
  • Top Exporting Country – The reports covers top Chia Seed Exporting countries such as China, Canada, and Netherlands
  • Company: Following companies covers in this report Glanbia PLC, Spectrum Organic Products LLC, Bayer AG, KWS SAAT SE and Co. KGaA, and Tyson Foods

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

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Indian Cold Chain Industry will grow with double CAGR of 13.66% from 2021 to 2027

The report published by Renub Research, titled “India Cold Chain Market Size, Share, Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the India Cold Chain Market is expected to reach US$ 53.07 Billion by 2027. The Indians have long curbed the enormous losses of perishable foodstuffs and initiated cold storage and cold transport facilities within the vicinities of the farms. Hence, the cold chain is integrated into the logistic processes of most of the companies and has a significant market share in cold chain logistics of perishable products (fruits, vegetables, meat, seafood, dairy products). Moreover, with the changing lifestyles and demand for processed foods, the cold chain has become the need of the hour.

Cold chain logistics are defined as a temperature-controlled supply chain cold storage and distribution in which biopharmaceutical products, perishable food (fruits, vegetables, meat, seafood, dairy products), processed food, chemicals and flowers & plants are preserved fresh, and their shelf life is prolonged to a more significant period. Besides, India has a firm concept that the cold chain has become a necessity not just for the agricultural produce but also for other products, as mentioned above.

How COVID-19 Benefited Indian Cold Chain Industry

The pandemic has positively favoured the cold chain industry, boosting the market for cold chain market. The widening demand of packaged food & beverage products is an encouraging take for cold chain in India to boom. Moreover, as the COVID-19 impacted every industry’s supply chain restricted trade during the pandemic, this resulted food manufacturers to emphasize on food products and their storage techniques to increase their shelf-life, which further propelled the market for the cold chain.

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Further, the explosion of COVID-19 also has created a shift toward an organized retail market to prevent further virus outbreaks. In the COVID-19 scenario, consumers stockpiled processed food stocks with a long shelf life to perishable foods, and limited trade movements between states. Hence, the Indian infrastructure underscored the value of the food value chain to move from open-air markets to a cold-chain model to preserve perishable items for a longer duration massively.

The Realms of Indian Cold Chain Industry

The Indian Cold Chain Market revolves around the realms of Organized and Unorganized sectors. More recently, the organized industry’s growth involves the application of cold chains across third-party logistics (3PLs), Quick service restaurants (QSR), retail, e-commerce. Recently, foodservice industries supported by changing consumption patterns have also brought the cold chain segments into focus. Thus, with the growth in organized food delivery, e-commerce remains a crucial driver for the cold chain sector in India.

Fruits and Vegetables hold the Dominant Place in India Cold Chain Logistics

For ages, India has been producing a million tonnes of fruits and vegetables annually. Wherein, out of total produce significant percent used to get wasted in the past years. However, with the evolution of the cold chain, the nation has been seeing significant progressing status. Remarkably, as per our analysis of market share, fruits and vegetables hold a most dominant place in cold chain logistics. This further has translated into a golden opportunity for the service providers existing in the logistics market. Additionally, the pharmaceutical industry is also prospering, which requires temperature-controlled supply logistics. The sudden outbreak of the COVID-19 led to growth of the pharmaceutical industry, wherein the vaccine market has added to the demand of the cold chain industry.

Government Incentives and Projects for the Cold Chain Industry

The Government of India has noticed the cold chain’s value-added and further aims to support the cold chain industry by starting several initiatives. Under its different ministries and agencies, the Government of India has provided financial assistance and grants for setting up Cold Chain. Numerous tax exemptions and subsidies have been implemented to ensure that this industry has a growth rate with other countries.

For instance, these exemptions and benefits constitute the National Horticulture Mission (NHM), National Horticulture Board (NHB), Agricultural and Processed Food Products Export Development Authority (APEDA), Mission for Integrated Development of Horticulture (MIDH) and Ministry of Food Processing Industry (MoFPI). Along with the absolute and impeccable collaboration of the Department of Agriculture and Cooperation (DAC), which runs adjacent to grow and boost the cold storage industry in India.

Company Insights

The Indian Cold Chain Industry is a fragmented market, consisting of many local players to cater to the growing expectations and demand. Remarkable the significant players in the market include Snowman Logistics Pvt Ltd, GatiKausar India Pvt Ltd (Gati Ltd), Container Corporation of India Limited, Mahindra Logistics Limited and Future Supply Chain Solutions Ltd.

India Cold Chain Market Size was US$ 24.62 Billion in 2021

With the evolution of the changing macro-economic factors in India, the cold chain industry has a considerable scope to grow. In addition, before the GST, companies preferred to establish warehouses in tax-friendly zones. Moreover, the implementation of GST has reduced transportation delays like e-way bills, multiple check posts. Hence, GST also acts as a boon by eliminating redundant and time-consuming check posts.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/india-cold-chain-market-p.php

Additionally, tech innovations like smart sensors and data loggers connected to GPS can track real-time temperature, pressure, and humidity readings, supporting the market’s advancement. Further, due to the exponential extension in the E-commerce and food tech industry, there is a huge demand for cold chains. The strong collaboration between e-tailers and the food tech supply chain industry has strengthened research and development in the cold chain industry.

Market Summary:

By Type – We have covered India Cold Chain Market through two aspects Organized and Unorganized

By Products – In the report India Cold Chain Market we have studied Biopharmaceutical Products, Perishable Food (Fruits, Vegetables, Meat, Seafood, Dairy Products), Processed Food, Chemicals, Flowers & Plants and Others.

Company – In our report market’s main players studied include Snowman Logistics Pvt Ltd, GatiKausar India Pvt Ltd (Gati Ltd), Container Corporation of India Limited, Mahindra Logistics Limited and Future Supply Chain Solutions Ltd).

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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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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Canada Foodservice Market, Size, Forecast 2022-2027

According to Renub Research, report titled “Canada Foodservice Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the Canada Foodservice Market was USD 94.19 Billion in 2021. Over the years, the foodservice industry in Canada has revolutionized in size. Canadian consumers tend to spend a substantial amount of their earnings on foodservice owing to the four crucial factors of value, convenience, health, and sustainability that drive their choices. Thus, Canada has a potential market in the foodservice industry as it possesses a broad consumer base with a multicultural population of millions. Moreover, the millennials and generation Zers are the major fast-food spenders in the industry. The fast-food sector traditionally includes food and beverages items; however, with the evolution of time, plant-based products have also been added to the fast-food list.

Canada Foodservice Market to Reach USD 102.98 Billion by 2027


Around the year, Canadians make millions of restaurant visits on any typical day. In addition, they have a more personal, direct, and frequent association with the foodservice industry. They stop for a coffee on their way to work, they go out for dinner to celebrate an anniversary, and they order in to feed a crowd. Moreover, some people interact with restaurants daily, and for others, a trip to a restaurant is a special treat. Whatever the occasion, good service, great food, and a safe and enjoyable experience add to the growth of the foodservice industry in Canada.


Full-Service Restaurants Grows with High Growth Rates:

The Canadian fast food industry is categorized into quick-service restaurants, full-service restaurants, caterers, and drinking places. Full-service restaurants are growing with high germination rates. Additionally, quick-service restaurants also hold a conspicuous share in the overall foodservice business in Canada. The relatable augmentation of the Canadian foodservice business is constantly supported by Canada’s economy, operating at total capacity.

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Provincial Boundaries of Canada Foodservice Industry:

Across Canada, the foodservice industry has embarked on concrete expansion plans to effectively perceive its presence in provinces like Newfoundland & Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and British Columbia.


Further, with moderation from the significant increases in recent years, Ontario is among Canada’s fastest total foodservice market growth due to a thriving population and healthy job generation aggregates. Hence as per our analysis, the foodservice industry in Ontario will remain healthy during 2021-2027.


On the other hand, Quebec’s foodservice industry flourished average annual market growth year on year. Growth was driven by the active consumer, business, and tourist spending at restaurants and drinking spots. Similarly, over the years, the fast-food market in British Columbia has also progressed amongst the highest growth figure in Canada.


Competitive Landscape:

The Canadian fast food industry is highly competitive. The significant players in the market comprise Starbucks Corp., Papa John’s International Inc., Domino’s Pizza Inc., The Wendys Co., and Performance Food Group. As per our analysis, these players have achieved popularity and will develop further.


Further, the players are also undertaking expansion strategies, rolling out innovative menus, and intensifying their portfolios to gain a stronghold in the market. For instance, in 2020, Tim Hortons launched three variations of new Dream Donuts across Canada. The three varieties constitute Dulce de Leche Crème, the Strawberry Confetti, and Chocolate Truffle.


The Impact of COVID-19 on the Canadian Foodservice Industry

The COVID-19 pandemic has created vital challenges for the foodservice market in Canada. The situation was unprecedented, with many foodservice businesses being forced to close and filed for bankruptcy during the pandemic. Therefore, exploring emergent evidence food service industries in Canada was struck by COVID-19. Although pandemic has had a destructive impact on the entire foodservice industry across Canada, the industry assumes it is poised to turn the corner as customers revert to dining out. The foodservice industry, which bore the brunt of COVID-related dine-in restrictions, quickly carved out its share of the recovery in the April-May-June quarter of 2021. Also, consumer spending jumped compared to the decline last year. As per this research report, Canada Fast Food Market was US$ 94.19 Billion in 2021.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/canada-foodservice-market-p.php


Market Summary:

  • Restaurant Type – We have covered Commercial (Quick Service Restaurants, Full Service Restaurants, Caterers and Drinking Places) and Non-Commercial.
  • Province – In our report we have covered provincial outlook of Newfoundland & Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Atlantic Region, Quebec, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia
  • Traffic – In our report we have studied the traffic patterns in Full Service Restaurants (Morning Meal, Lunch, Supper and PM Snack) and Quick Service Restaurants (Morning Meal, Lunch, Supper and PM Snack).
  • Food Items – Our report covers food items like French Fries, Potato, Sweet Potato, Onion Rings, Breakfast Item, Burger, Sandwich, Subs, Chicken, Breads, Salad, Pizza, Panzerotti, Calzone, Cakes, Squares, Muffins and Vegetarian Item (Incl Eggs/Dairy as food items in the market.
  • Beverage Items – We have studied beverage items like Coffee, Carbonated Soft Drink, Pop, Soda, Water (includes tap water), Hot Tea, Alcoholic Beverages, Fruit Juice, Iced Tea, Milkshakes, Smoothies, Milk and Hot Chocolate).
  • Average Check Size – Per Person – We have covered Quick Service Restaurants, Full Service Restaurants (Midscale Dining, Casual Dining and Fine Dining) and Retail Foodservice with respect to Average Check Size – Per Person.
  • Channel – We have studied aspects of Quick Service Restaurants and Full Service Restaurants through Delivery, Takeout, Drive Thru and Dine-in existing in Canada Foodservice Industry.
  • Operating Ratios – We have covered Operating Ratios like Cost of Sales, Salaries & Wages, Repair & Maintenance, Rental & Leasing, Utilities, Advertising, Depreciation, Other and Pre-Tax Profit.
  • Key Companies – The key players include Starbucks Corp., Papa John’s International Inc., Domino’s Pizza Inc., The Wendys Co. and Performance Food 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 core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. 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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Cassava Starch Market, Consumption & Global Forecast by Product

According to the latest report by Renub Research, titled “Cassava Starch Market, Consumption & Global Forecast by Type, Region, Applications, Company Analysis” the Global Cassava Starch Market size reached US$ 7.7 Billion in 2020. Traditionally starch around the globe is made from arrowroot or sago palm. However, cassava is a cheaper raw material and has tended to replace these starches. The cassava plant is found in equatorial regions between the Tropic of Cancer and the Tropic of Capricorn. The starch procured from the roots of the cassava plant is termed cassava starch. Moreover, cassava starch, or tapioca, is procured through the washing and pulping of roots of cassava plants.

Global Cassava Starch Market to Reach US$ 8.1 Billion by 2026


The global industrial application of cassava starch has a tremendous diversity of its uses of cassava starch. As an ingredient in several industries, native and modified cassava starch has been widely utilized. Indeed, cassava starch consumption in industrial applications has been more related to economics than any unique functionality. In general, confectionery & drinks and processed food use cassava starch as a thickener and stabilizer. Similarly, Corrugating and Paper Making are significant users of starch.


Food Industries Holds Lion’s Share in The Market:

The food industries are amongst the most significant users of starch and starch products. Additionally, large quantities of starch are sold in processed products sold in small packages for household cooking. Bakery, cassava starch is used in biscuit making to increase volume and crispness. In addition, cassava starch is used in sweetened and unsweetened biscuits and cream sandwiches to soften the texture. Add taste and render the biscuit non-stick. Apart from cassava being utilized in the food industry, it is also applied in feeding animals, confectionery & drinks, corrugating & paper making, non-food and pharmaceuticals & chemicals.

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Application of Cassava Starch in Confectioneries:

Principally, cassava starch is used in the production of gums. Pastes and other types of sweets are constituents in making moulds or for dusting sweets to prevent them from sticking together. In addition, starch and modified starches are also used to manufacture numerous candies, such as toffee, hard and soft gums, jellybeans, boiled sweets (hard candy), fondants and Turkish delight.


Application of Cassava Starch in Animal Feed:

Cassava being similar to feed grains consists substantially wholly of starch and is easy to ingest. The roots are, hence, eminently suited to fostering young animals and fattening pigs. Several feeding demonstrations have revealed that cassava provides a good quality carbohydrate that may supersede maize or barley. In addition, cassava rations are especially suitable for swine, dairy cattle and poultry. Notwithstanding, cassava cannot be used as the sole feedstuff because of its deficiency in protein and vitamins. However, it must be supplemented by other feeds that are rich in these elements.


In the global economy, the highly developed compound animal-feed industry uses dried cassava roots as an ingredient. Large quantities of cassava chips, pellets and meals are imported into these countries for this purpose. Notwithstanding, in Brazil and many parts of southeast Asia, large amounts of cassava roots, stems and leaves are chopped and mixed into silage to feed cattle and pigs. This use of cassava is increasing.


Application of Cassava Starch in Corrugating and Paper Manufacture:

One of the evolving users of cassava is the corrugated cardboard industry for the manufacture of cartons: boxes and other packing materials. The board layers are glued mutually with a suspension of raw starch in a solvent of the gelatinized form. The board is clasped between hot rollers, which concerns a gelatinization of the natural starch and results in a robust bonding. Medium-quality flours are fit for this tenacity, provided the pulp content is not too high.


Regional Prospects for Cassava Starch Utilisation:

As per our analysis world, cassava consumption is predominantly concentrated in two regions, namely America and the Asia Pacific. America is the region with immense potential for cassava starch and witnessed the fastest growth rate worldwide. The accelerated expansion of the food and beverage sectors is a notable pillar that drives the cassava starch market across the region. The American region has the largest gluten intolerance population, which directly helps grow the market as cassava is gluten-free. The manufacturers involved in the market are profoundly employing such opportunities by launching unique and innovative cassava starch based-food and beverages in realms such as the U.S., Canada, and Mexico to satisfy the demand from the obese residents across the region.


In Asia-Pacific, cassava is utilized for direct human consumption and most is processed for chips/pellets and starch. Most of the utmost starch products are intended for the food processing, soft drinks and pharmaceutical industries. Notably, the cassava starch industry is most important and dynamic in Thailand, Indonesia, China, India and Vietnam. Indonesia has long traditions, producing cassava chips (gaplek) for human consumption, exporting for feed, and further processing into starch. Another traditional cassava (sago) starch producer in Asia- Pacific is India, principally for the national market. Relative new entrants to the Asian cassava starch industry are Vietnam and China.


The Structure of Cassava Starch Industry is Highly Fragmented and Consolidated:

The evolution of several domestic and local players in the global market is highly consolidated and fragmented. The cassava starch companies are capitalizing on strengthening the distribution network, realizing cost reduction techniques, and setting various cassava starch products in the global marketplace. Private label and region-dominant players such as Cargill, Midland Company, Archer Daniels & Tate & Lyle have set new criteria for innovation and development of functional cassava starch with new formulations. They are further encouraging natural ingredient giants to scale up their product launches and expand their product portfolios in the foreseeable future.


The unforeseen disruption of the COVID-19 pandemic led to strict lockdown laws across several nations following the temporary closure of numerous end-use industries of cassava starch, thereby negatively impacting the overall market growth. Nevertheless, the constant development of new products has facilitated the starch industry’s expansion and pandemic recovery. The booming of the starch industry in the doom appears to be very assuring, rendering the variety of products and the advancement of new products authorize them to compete with the various substitutes.

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Market Summary:

Cassava Starch Market & Consumption – We have covered the market from two vital points Products and Regions.

By Products – We have studied the market through Native Starch, Modified Starch and Sweeteners existing as products in Global Cassava Starch Market.

By Region – We have covered the Global Cassava Starch Market of Asia Pacific, Americas, Rest of World.

By Application – This report studies the application of cassava starch in Processed Food, Confectionery & Drinks, Corrugating & Paper Making, Feed, Pharmaceuticals & Chemicals, Non-food.

Company – We have studied the company by Company Overview, Recent Development and Revenue of following companies Cargill, Midland Company, Archer Daniels & Tate & Lyle.

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