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Showing posts from January, 2023

Skin Care Products Market Outlook and Forecast Analysis by Types to 2030

  Skin Care Products Industry Overview The global skin care products market size was valued at USD 130.50 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. Escalating demand for face creams, sunscreens, and body lotions across the globe is expected to have a positive impact on the market growth over the forecast period. Moreover, the flourishing e-commerce sector is anticipated to boost market growth further. The COVID-19 pandemic has had a devastating impact on the beauty and cosmetics industry. Store closures due to strict lockdown measures resulted in disastrous consequences, with sales decreasing by 60-70% from March to April 2020 globally. The companies responded positively to the crisis by addressing and increasing their production capacities by offering hand sanitizers and cleaning agents, as consumers spent less on beauty and grooming products. Gather more insights about the market drivers, restr...

Chilled & Deli Foods Market Share by Manufacturers, Types and Current Scenario 2022-2030

  Chilled & Deli Foods Industry Overview The global chilled & deli foods market size was valued at USD 217.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2030. The popularity of delicatessen, specialty, and fine foods has grown enormously, as the consumer's tastes have become more sophisticated and adventurous. Increasing demand for prepared superfoods, which are organic, locally sourced, additive-free, and fair-trade products have complemented the overall market growth. According to a report published by Kerry Group in 2020 May, 26.0% of the consumers claimed that prepared foods are the most important consideration when they shop for fresh foods and 66.0% of consumers buy prepared snacks, meals, and more from retail, every month. Gather more insights about the market drivers, restrains and growth of the   Global Chilled & Deli Foods Market The spread of the Coronavirus (COVID-19) pandemic has affected ...

Athletic Footwear Market Competitive Landscape and Strategy Analysis from 2022-2030

  Athletic Footwear Industry Overview The global athletic footwear market size was valued at USD 127.3 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030. Growing enthusiasm and awareness regarding the health benefits of sports and fitness activities, the flourishing retail e-commerce sector worldwide, and rising levels of disposable income of consumers are estimated to be the key trends stoking the market growth. Youngsters are getting keen on adopting a healthy lifestyle and are hence participating actively in sports and other related activities. At the same time, people have started realizing that sports and fitness activities can help ensure good health and reduce the risk of chronic disorders such as depression, cardiovascular diseases, and diabetes. Gather more insights about the market drivers, restrains and growth of the   Global Athletic Footwear Market Covid-19 has had a significant impact on U.S. athletic foot...

Organic Skin Care Market In-depth Analysis by Types, Application and Manufacturers till 2030

  Organic Skin Care Industry Overview The global organic skin care market size was valued at USD 9.83 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. Growing consumer inclination toward chemical-free beauty products along with the broadening concepts of creams, serums, and moisturizers infused with organic ingredients is expected to drive the demand for organic skin care products over the forecast period. These products are considered to be more effective and have fewer side effects, which, in turn, is expected to increase their application among consumers. Gather more insights about the market drivers, restrains and growth of the   Global Organic Skin Care Market The COVID-19 pandemic has raised public awareness about the importance of self-care and well-being. This has induced a surge in demand for chemical-free products, which will fuel the growing need for organic skincare products. The lockdowns and movement res...

Energy Drinks Market Share by Manufacturers, Types and Current Scenario 2022-2030

  Energy Drinks Industry Overview The global energy drinks market size was valued at USD 86.35 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2022 to 2030. The growing demand for energy drinks as a potential energy booster in order to improve physical and cognitive performance has been shaping the market growth. Drinks that are free from sugar, glucose, and high fructose corn syrups have been gaining traction among consumers. Market players are aggressively marketing these drinks as functional beverages that uplift energy and alertness as well as provide a physical boost. The COVID-19 pandemic has had a positive impact on market growth. Though the demand for the product was already rising, the segment exploded after the COVID-19 pandemic hit the world. Increased concerns for health, convenience, and the enhanced quality and diversity of these beverages are the factors behind the upsurge in demand. After the closure of restaurants and ...

Sports Equipment Market Outlook to 2030: Top Manufacturer Analysis, Industry Overview and Forecast Report

  Sports Equipment Industry Overview The global sports equipment market size was valued at USD 331.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2022 to 2030. Continuous innovations and rapid technological advancements to keep pace with dynamic consumer preferences are driving the growth of the market. The increasing awareness about the benefits of a healthy lifestyle and the importance of sports and fitness activities, is further stimulating the demand for such equipment. The Covid-19 pandemic has adversely affected several industries including the athletic and fitness industry. Many tournaments and game events, including the Olympics, have either been postponed or their format has been altered. As a result, stakeholders in the market are trying to assess the downstream impact arising from disrupted cash flows, insecurities, and the potential declines in long-term attendance and engagement. Gather more insights about the market dr...

Halal Food And Beverage Market Competitive Landscape and Strategy Analysis from 2022-2030

  Halal Food And Beverage Industry Overview The global halal food and beverage market size was valued at USD 774.93 billion in 2021 and is expected to witness a compound annual growth rate (CAGR) of 3.6% from 2022 to 2030. The increasing Muslim population worldwide and growing concern regarding food safety, hygiene, and reliability will drive the market in the forecast period. According to an article published in Pew Research Centre, April 2019, there are 1.8 billion Muslims globally. With an increase in the demand, manufacturers have widened their product portfolio by introducing several value-added halal food items, including pasta, vegetable, juice, milk, yogurt, and cheese. Further, the production of halal-certified foods by key players in the market will increase product visibility among consumers. Gather more insights about the market drivers, restrains and growth of the   Global Halal Food And Beverage Market The disruption of the food supply chain owing to the rapid sp...

Diabetic Food Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2022 – 2030

  Diabetic Food Industry Overview The global diabetic food market size was valued at USD 12.3 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. Growing diabetes among people has prompted the overall demand for diabetic food. According to the Centers for Disease Control and Prevention report titled “The National Diabetes Statistics Report” published in January 2022, approximately 37.3 million American, which is about 1 in 10 have been diagnosed with diabetes in the year 2021. Such factors are likely to favor the overall market growth. The COVID-19 pandemic has affected the overall food and beverage industry. Healthy individuals, as well as people with acute chronic diseases or symptoms, are being requested to stay at home according to the World Health Organization (WHO).  Gather more insights about the market drivers, restrains and growth of the   Global Diabetic Food Market With the onset of the pandemic, people b...

Ready to Drink Tea And Coffee Market Analysis, Growth Opportunities and Recent Trends by Application 2022 to 2030

  Ready to Drink Tea And Coffee Industry Overview The global ready to drink tea and coffee market size was valued at USD 98.04 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. Rising demand for energy drinks that have a taste familiar to coffee and tea is one of the primary factors driving market expansion. Additionally, the growing prevalence of lifestyle diseases is pushing consumers toward ready-to-drink tea and coffee since these contain antioxidants and other beneficial ingredients. Positioning RTD tea and coffee as recreational products has succeeded in boosting their consumption among millennials. Gather more insights about the market drivers, restrains and growth of the   Global Ready to Drink Tea And Coffee Market The COVID-19 outbreak has positively impacted the growth of the overall food & beverage industry, including products such as RTD tea and coffee. At the World Tea Summit held ...

Savory Snacks Market Growth Forecast by Regions and Applications to 2030

  Savory Snacks Industry Overview The global savory snacks market size was valued at USD 250.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030. With consumer demand for more experimental healthy snacking experiences, food manufacturers are aiming to appeal to the new "curious consumer" by launching healthier savory snack options. Rising urbanization and hectic lifestyles are impacting the eating habits of consumers who are progressively substituting more flexible, light, and convenient snacking options for main meals. The COVID-19 pandemic restrictions prompted a couple of emerging trends in the market. With people stuck at home started to snack a lot more and key players such as PepsiCo, MondelÄ“z International witnessed an increase in sales in the snacks category. According to Harris Poll 2021, 9 in 10 Europeans claimed that they are snacking as much or more than before, partially due to the rise of remote working ...

Baby Products Market Analysis, Growth Opportunities and Recent Trends by Application 2022 to 2030

  Baby Products Industry Overview The global baby products market size was valued at USD 214.13 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. One of the primary factors driving market expansion is consumer preferences are shifting toward high-quality, utility-driven, and premium baby products. Additionally, the significant increase in awareness among parents pertaining to baby's health and hygiene fuels market expansion and many medical practitioners recommend parents regular usage of personal care products for better skin nourishment of the baby boosts the market growth. Covid-19 was an incomparable global public health crisis that affected almost every industry vertical, and the long-term effects are anticipated to impact the industry growth during the forecast period. Gather more insights about the market drivers, restrains and growth of the   Global Baby Products Market In the month of April 2020, when India wa...

Bottled Water Market Overview, Cost Structure Analysis and Forecast to 2030

  Bottled Water Industry Overview The global bottled water market size was valued at USD 283.01 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030. Increasing concerns regarding various health problems such as gastrointestinal diseases caused by the consumption of contaminated water are leading to the increased demand for clean and hygienic packaged options. Drinking water scarcity in several regions further necessitates the demand for safe drinking water, leading to increased product sales, thereby augmenting market growth. Gather more insights about the market drivers, restrains and growth of the   Global Bottled Water Market Extensive restrictions imposed by governments worldwide to combat COVID-19 created logistical challenges for the bottled water industry. It has been more than one and a half years since the initial global outbreak of COVID-19. According to the International Bottled Water Association (IBWA), bottle...