The global functional foods market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020. List of Companies Covered in the Functional Foods and Beverages Market Report: The Coca-Cola Company (Georgia, United States) Celsius Holding, Inc. (Florida, United States) PepsiCo Inc. (New York, United States) Glanbia Plc (Kilkenny, Ireland) Nestle S.A. (Vevey, Switzerland) Arla Foods amba (Viby, Denmark) Hearthside Food Solutions LLC (Illinois, United States) Tyson Foods Inc. (Arkansas, United States) General Mills Inc. (Minnesota, United States) Danone S.A. (Paris, France) Driving Factor The proliferation of Food & Beverage Startups to Elevate Market Potential The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives. For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory. Regional Insights Asia Pacific to Present Excellent Business Opportunities for Market Players Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China. Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028. In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market. Competitive Landscape Introduction of Novel Products in Emerging Economies to Electrify the Market Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base. Key Industry Development: December 2020: Nestle launched a milk product in China for adults, comprising ingredients that are meant to boost joint functionality, muscle strength, and bone health. Developed under its YIYANG Active brand, the company’s unique powdered beverage is its maiden product to fetch functional food approval in China. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/functional-foods-market-102269

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Frozen Food Market Demand, In-depth Analysis, Industry Dynamics, Scope, Share, Size and Forecast by 2028 The global frozen food market size was USD 231.38 billion in 2020. The market is projected to grow from USD 256.46 billion in 2021 to USD 385.04 billion in 2028 at a CAGR of 5.98% during the 2021-2028 period. This information is provided by Fortune Business Insights, in its report, titled, “Frozen Food Market, 2021-2028.” As per the research conducted by our expert analysts, the market is observing advanced growth owing to the growing demand for easily accessible food products such as ready-to-eat meals and cold cuts. List of Key Players Mentioned in this Market Report: General Mills Inc. (Minnesota, U.S.) Nestle SA (Vevey, Switzerland) Conagra Brands Inc. (Illinois, U.S.) The Kellogg Company (Michigan, U.S.) Grupo Bimbo S.A.B. DE C.V. (Mexico City, Mexico) Lantmannen Unibake International (Copenhagen, Denmark) The Kraft Heinz Company (Illinois, U.S.) Unilever PLC (London, U.K.) Wawona Frozen Food (California, U.S.) Tyson Foods, Inc. (Arizona, U.S.) Segmentation: On the basis of type, the market is segregated into frozen ready meals, frozen seafood & meat products, frozen snacks & bakery products, and others. Among these, the frozen seafood & meat segment is anticipated to hold the major share in the market. Based on distribution channel, the market is separated into Supermarket/Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail. Geographically, the global market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints: Rising Demand for Convenience Food to Bolster Market The processed food industry is preliminarily powered by the convenience provided by packaged foods, which entice consumers from all age groups. Consumer inclination towards convenience food and RTE foods has triggered a prompt change in the global market. Frozen Food need less effort as well as less time in comparison with cooking a complete meal from scratch, which is the prime aspect empowering the Frozen Food market growth. Regional Insights: Europe is projected to dominate the Frozen Food market share owing to the growing adoption of vegan lifestyle in the region, which is forecasted to navigate the sales of frozen veggies. The prime growth aspects in the region involve high consumer purchasing power, financial sturdiness, and change in food likings. Asia Pacific documented a considerable growth in the global market owing to consumer acceptance of digital retailing platforms. The rising number of cold chain amenities in numerous developing nations is further aiding regional market growth. North America is anticipated to hold the third-largest market share owing to high consumer consciousness concerning the profits of Frozen Food. Competitive Landscape: Ground-breaking Product Presentation by Crucial Players to Direct Market Growth The vital players in the market deploy numerous approaches to strengthen their position in the market as pioneering companies. One such considerable plan is attaining companies to upsurge the brand value between consumers. Another key strategy is persistently launching radical products with comprehensive assessment of the market and its target audience. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/frozen-food-market-104138

Gluten Free Food Market Analysis By Size, Growth, Share, Trends, Opportunities And Global Forecast To 2028 The global gluten free food market size was valued at USD 5.25 billion in 2020. The market is estimated to grow from USD 5.72 billion in 2021 to USD 9.99 billion in 2028, exhibiting a CAGR of 8.29% during the forecast period. The increasing popularity of the product’s benefits, rising demand for functional foods, and increasing product innovations are expected to fuel the market growth. Fortune Business Insights™ mentions this information in its report titled “Gluten free Food Market, 2021-2028.” Gluten-free food is produced for people suffering from gluten allergies and celiac diseases. The consumption of gluten can be damaging and may lead to intestine swelling. Therefore, the consumption of the product is expected to increase rapidly. Furthermore, rising awareness regarding the health benefits of such products is expected to increase adoption. Moreover, rising demand for functional foods and increasing product innovations may attract sales. These factors are expected to foster industry development in the coming years. List of Key Players Profiled in the Report: The Kraft Heinz Company (Illinois, U.S.) The Hain Celestial Group Inc. (New York, U.S. General Mills Inc. (Minnesota, U.S.) Kellogg’s Company (Michigan, U.S.) Conagra Brands, Inc. (Illinois, U.S.) Barilla G.E.R Fratelli S.P.A (Parma, Italy) Noumi Limited (Australia) Enjoy Life Foods (Mondelez International) (Illinois, U.S.) Alara Wholefoods Ltd. (London, U.K.) Prima Foods Ltd. (South Wales, U.K.) Segments Type, Distributional Channel, and Region are Studied By type, the market is segmented into baby food, pastas & pizzas, snacks & RTE products, bakery products, and condiments & dressings. As per the distributional channel, it is categorized into supermarkets/hypermarkets, convenience stores, specialty stores, drugstores & pharmacies, and online retails. Geographically, it is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints Rising Prevalence of Gluten Intolerance and Celiac Disease to Fuel Market Progress The rising prevalence of gluten intolerance and celiac diseases is expected to boost the adoption of gluten-free food. As per the information provided by the Clinical Gastroenterology and Hepatology journal, nearly 1.4% global population is detected with celiac disorder. Furthermore, the rising demand for free-from and convenience foods is expected to boost the product adoption. Furthermore, rising reliability on nutritional convenience foods is expected to increase the adoption of the product. Moreover, the rising adoption of flavored food products with nutritional benefits is expected to bolster the Gluten free Food Market growth. However, higher product prices and low market penetration are expected to hinder the market’s progress. Regional Insights Growing Inclination Towards Healthy Diet to Boost Industry Progress in North America North America is expected to dominate the Gluten free Food Market share due to the growing inclination toward a healthy diet. The market in North America was USD 2.72 billion in 2020 and is expected to achieve a high market share in the coming years. Further, rising awareness regarding celiac disorder from consumers and the availability of a gluten-free diet products are expected to boost the market development. In Europe, rising demand for free-from products from Germany, Italy, and the U.K. is expected to boost gluten-free products’ adoption. Furthermore, manufacturers focus on developing innovative foods such as gluten-free pasta to boost sales. These factors may propel the market development. In Asia Pacific, rapid digitization and westernization lead to the acceptance of gluten-free food products. Furthermore, the growing artisanal bakery sector is expected to boost market progress. Competitive Landscape Manufacturers Focus on Launching Novel Products to Boost Brand Image Prominent companies operating in the market devise novel product launches to attract consumers and boost brand image. For example, in June 2021, Ulrick & Short Limited announced fazenda Nutrigel, a gluten-free functional flour, to improve the viscosity and overall texture of gluten-free bakery foods. Through this launch, the company may attract consumers and boost its brand image. Furthermore, the adoption of research and development, expansions, acquisitions, and technologically advanced production techniques boosts the market player’s position. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/gluten-free-food-market-100188