global gluten-free products market Forecast and Research Report 2023

Gluten-free products are better alternative to conventional gluten diet owing to health benefits associated with their consumption. These products are helpful for individuals with chronic ailments and immune system problems. Additionally, gluten-free products are widely consumed by gluten intolerant patients.

Market Segmentation:

Global global gluten-free products market is segmented by Type, Distribution Channel and Region.

Market Forecast:

Increasing health and wellness concern among the population is a major factor for the growing demand for gluten-free food products. The conviction that gluten-free products are generally healthier is one of the key factors responsible for purchase among consumers. There is also high perception among consumers that gluten-free food adds to the nutritional content and helps in weight management. The linkage of increased energy and weight loss is another factor for the growing consumption of gluten-free food products.

Furthermore, increasing incidence of diseases such as obesity, diabetes and other chronic diseases in the North American region has opened the doors for key players to come up with various customized gluten-free products which will in turn escalates the sales of gluten-free products during the forecast period. Moreover, product promotions through various channels have added fuel to this segment.

However, the threat of contamination of ingredients and raw materials due to improper handling is a major challenge faced by the vendors in the global gluten-free food market. Nevertheless, all these factors are boosting the global gluten-free products market to grow at the CAGR of 9.51% during the forecast period of 2017-2023.

Downstream Analysis:

Among the type, bakery & snacks segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register a healthy CAGR of 9.91% during the given period due to increase in the demand of bakery and convenience food products. Among the distribution channels of gluten-free products, store based segment is accounting for approximately 86% market share followed by non-store based accounting for 14% of the global gluten-free products market. The segment is projected to register a healthy CAGR of 9.23% during the forecast period 2017-2022.

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Region Analysis:
The global gluten-free products market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, North American region is dominating the market over the forecast period. The market is projected to grow at a CAGR of 9.65% during the review period. This is attributed to high consumption of gluten-free products in this region. However, among the European countries, Italy is expected to grow with a CAGR of 9.64% during the review period.

Fragrance Market Size Analysis and Industry Research Report 2023

Fragrance is referred as blend of chemical compounds which is characterised by having olfactive properties. Fragrance is incorporated in order to impart peculiar and unique odorous characteristics into the preparations. Fragrance are formulated using a mixture of aroma chemicals which are produced using natural or synthetic ingredients.

All the factors are augmenting the global Fragrance Market Size to grow at the CAGR of 5.30% during the forecast period of 2017-2023.

Market Forecast

Fragrance are used as the major ingredient in spray perfumes, cosmetics, soaps & detergents, incense, body care and home care products. However, fragrance industry holds a major share in the cosmetics and personal care industries as a major ingredients used in the products.

The global perfume market has been observing a growing trend both in the developed and developing economies, owing to the rapid urbanization, rise in disposable income and changing lifestyle of consumers. Increasing consumer spending on personal care & beauty products is expected to be one of the significant reasons for the rising growth of perfumery products which in turn escalates the sales of fragrance during the forecast period.

Furthermore, increasing affinity towards skin lightning & color cosmetic products, owing to the increasing obsession towards fair complexion among the youth and women population is driving the fragrance market in Asian and the Middle Eastern regions. Also, increasing prevalence towards male centric cosmetic products coupled with robust growth of men grooming products is considered to be a major factor, which has uplifted the global fragrance market. Demand for long lasting fragrances in masculine cologne and after shave products, including expensive perfumes and deodorants has raised the demand for male cosmetics products. However, allergies and intolerance caused by extensive use of synthetic fine fragrance, owing to skin and respiratory organs is expected to have a negative impact on the global fragrance market. Also, fragrance which are used to enhance olfactory properties in cosmetic industry is a concern, because they cause intolerance to such cosmetic products.

Owing to the rising health awareness, consumers are found to have a high demand for natural ingredients for fragrance products. Rising health concerns among the consumers about the demerits of synthetically manufactured fragrances has a positive impact on the natural fragrance in the fragrance market. The rising consumers’ preference for natural fragrances will be considered as one of the major drivers for fragrance products market.

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Competitive Analysis

This report includes a study of strategies used in the market, mergers, and acquisitions and multiple product launch by fragrance market players. It further includes product portfolios and developments of leading players, which includes

• Givaudan SA (Switzerland)
• International Flavors & Fragrances, Inc. (U.S.)
• Firmenich International SA (Switzerland)
• Symrise AG (Germany)
• Takasago International Corporation (Japan)
• MANE FILS SA (France)
• Sensient Technologies Corporation (U.S.)

U.S. Cheese Industry Analysis, Competitive Landscape, Latest Innovations and Research

Cheese is used in various ready-to-eat meals, convenience foods and fast-foods which is widely consumed in the U.S. The popularity of on-the-go food in U.S. is driving the market for cheese as a major ingredient in the food products. Extensive survey’s on U.S. cheese consumption and according to the International Dairy Foods Association, the consumption of per capita cheese consumption in U.S. is evaluated to be 34 pounds and was calculated to be 33.7 pounds in 2013. The increase in consumption of Italian and Mexican food preparations has raised the demand for cheese as cheese is one of the major constituent in these cuisines. For instance, pizza and pasta have become popular dishes consumed all over the world. Apart from the herbs used in these dishes. Cheese is considered to be a vital ingredient in these food preparations.

The U.S. Cheese Industry is projected to reach 6,787 KT by 2023, at a CAGR of 3.41% from 2017, in terms of market volume. Wisconsin and California are the major producer of cheese in U.S. Fresh cheese, along with soft and hard cheese finds wide application in the food sector.

Market Forecast

In the U.S., Mozzarella is estimated to contribute more than 45% of total market share in 2017 and is projected to grow at the rate of 4.13% during the period 2017 to 2023 due to increasing consumption of Mozzarella cheese compare to Cheddar in U.S. Cheddar will capture around more than 20% market share by 2023 with CAGR of 3.43%. Other Italian cheese mainly includes Provolone, Parmesan and Romano cheese which is projected to grow at significant growth during the forecast period due to growing popularity of Italian cheese. Other American cheese include the types namely Bergenost, Bloomsdale, Dorset, and Cup Cheese and it will grow with CAGR of 2.73% during 2017 to 2023 as export of American cheese has increased from Japan, France and South Korea.

Feta, Hispanic, Cottage cheese and Monetary Jack cheese are major cheese types which are produced in U.S. Colby Jack, Cream cheese and Cottage cheese together hold more than 4% of market share. Other product type includes Limburger cheese, Hoop cheese, Liederkranz cheese, Nacho cheese, Red Hawk, String cheese, Swiss cheese and Sardo.

Competitive analysis

The major key players in U.S. Cheese market are

• Land O'Lakes,Inc
• Dairiconcepts P
• The Kraft Heinz Co.,
• Leprino Foods Company
• Associated Milk Producers Inc
• Foremost Farms USA Cooperative
• Dairy Farmers of America Inc.

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By Application analysis-

Fast food snacks application will continue to dominate the U.S. Cheese market with more than 20% of market share and it is projected to reach around 1600 kilo tons by 2023 as consumption of cheese in fast food is growing along with its popularity. Cheese application in cheese spreads and cheese dips together holds more than 30% of market share due to increasing application of cheese in cheese dips in various states especially in California and Wisconsin. In Bakery food application of cheese, Wisconsin holds majority of market share due to huge production of cow milk and its application in various types of cheese production which are becoming popular in bakery food application to enhance flavor. In other application of cheese Idaho and Minnesota will witness significant growth which will backed by introduction of new type of cheese especially in Idaho and Minnesota.

Biodegradable Tableware Market Share, Global Industry Report, 2020-2025

This growth can be attributed to the increasing pollution caused by the widespread use and disposal of plastic. Governments are also taking initiatives to minimize the use of plastic tableware. For instance, the Indian government has replaced plastic cutlery, teacups, and water bottles with steel and biodegradable products in all government offices. The UK government is also planning to ban plastic cutlery and plates to reduce the impact on the environment.

Biodegradable Tableware Market Share is projected to reach USD 990.6 Million by 2025 at a CAGR of 5.98% between 2019 and 2025.

Market USP

Increasing popularity of innovative and non-toxic tableware products

Growth Opportunities in the Market

• Expanding foodservice industry: The foodservice industry has witnessed substantial growth over the last few years, especially in emerging economies. The demand for takeaway food has been increasing in developing nations due to the preference by the youth. The busy lifestyles of consumers have led to the popularity of convenience and takeaway food. For example, China’s foodservice industry was valued at USD 583 billion in 2017. The demand for online food delivery has also been rising. According to MRFR analysis, the sales of online food delivery services was valued at USD 39 billion in 2018 and the market is expected to register a growth rate of 16% over the next decade. Several fast-food chains such as KFC and Starbucks have increased the number of outlets in India. Online food delivery service providers are also expanding their presence in the country. These factors are expected to drive the demand for biodegradable tableware as an environment-friendly alternative to plastic.

• Product Innovation: The key manufacturers of biodegradable tableware are continuously launching products to stay competitive and meet the changing requirements of consumers. For instance, in July 2019, Huhtamaki Oyj launched a new biodegradable double-wall cup for hot beverages made from paperboard that is certified by the Programme for the Endorsement of Forest Certification with a plant-based lining which is certified biodegradable. The product is manufactured in the UK and available only for European consumers.  

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Key Players

• Huhtamäki Oyj (Finland)
• Dart Container Corporation (US)
• Georgia-Pacific LLC (US)
• Lollicup USA Inc. (US)
• Solia, Inc. (US)
• Natural Tableware (Netherlands)
• Reynolds Consumer Products LLC (US)
• Pactiv LLC (US)
• Eco Guardian (Canada)
• Genpak, LLC (US)
• Biotrem (Poland)
• Better Earth LLC (US)
• Vegware (UK)
• Papstar GmbH (Germany)
• Bionatic GmbH & Co. KG (Germany)

Pool Tables Industry Forecast, Supply, Demand and Sales to 2025

Pool, also known as pocket billiards, is a subcategory of cue sports played on a table with six pockets along the rails in which balls are deposited. Eight-ball, nine-ball, straight pool, and one-pocket are popular pool games played across the globe. The growing popularity of cue sports is a major factor responsible for the global pool tables market growth. The demand for pool tables remains high in developed countries such as the US, the UK, and Germany due to the high purchasing power and strong initiatives taken by various associations to promote the sport at the global level. However, the high prices of pool tables and the popularity of alternative entertainment options such as video games and mobile games are affecting the growth of the pool tables market.

Pool Tables Industry is projected to be valued at USD 258.8 Million by 2025, registering a CAGR of 3.6% during the forecast period.

Market USP

Increasing adoption of cue sports and leisure activities.

Growth Opportunities in the Market

• Rising number of pubs, bars, and recreational centers driving the demand for 7 ft pool tables: 7 ft pool tables, also called bar size tables, are specifically used in bars, recreational clubs, and amateur leagues. Cue sports such as billiards, pool, and snooker help in building focus and concentration and improve cognitive skills thus consumers, especially teenagers like to play these games at the aforementioned places. An increase in the number of sports halls and recreational clubs in developed countries such as the US and Germany is expected to drive the growth of the segment.

• Multipurpose use of pool tables in households: The use of customized or hand-crafted pool tables for multiple purposes in households is driving the growth of the household applications. The need to save space and multiuse of pool tables for storage has raised the demand for customized pool tables in recent years. Apart from this, the demand for handcrafted, antique pool tables for home décor is driving market growth. For instance, Blatt Billiards Corp., a pool table manufacturer based in the US, offers a wide range of dining pool tables, antique pool tables, and handcrafted marble pool tables. These factors are likely to augment the pool tables market demand in the coming years.

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Key Players

• Olhausen Billiard MFG, Inc. (US)
• Diamond Billiard Products Inc. (US)
• Rene Pierre (France)
• Chevillotte (France)
• Brunswick Billiards (US)
• S. Billiard & Pool Table (India)
• Legacy Billiards (US)
• Valley-Dynamo, Inc. (US)
• Blatt Billiards Corp. (US)
• Imperial International (US)
• Gabriels Billiards (Belgium)
• Riley England (UK)
• American Heritage Billiards (US)
• Maestro Nitschke Kozakiewicz General Partnership (Poland)
• Beijing Xingpai Weiye Sporting Goods Co., Ltd. (China)