Global Industry Trends Analysis

As per Market Research Future (MRFR) analysis, the global yoga mat market estimated to grow to USD 2.5 billion with a CAGR of 7.2% from 2019 to 2024 (forecast period). The report provides a thorough analysis of the market, including production, suppliers, quality, consumption, growth rate, sales revenues, supplies, imports and exports, and technological developments. This report also analyzes the impact of COVID-19 on the yoga mat industry. Market Dynamics Growing prevalence of obesity and rising customer health consciousness are key factors driving the growth of the Yoga Mat Industry . Obesity is associated with a variety of health conditions or diseases such as sudden cardiac arrest, hypertension, hypotension, and diabetes. As a result, to lose weight, relieve stress, and increase blood circulation, obese people prefer to engage in yoga, promoting the growth of the yoga mat industry. As health consciousness increases, customers are gradually entering yoga studios and fitness cl...

The increasing number of patient pool suffering from food allergy has spurred the growth of the market.  Besides, factors such as the spreading awareness towards the availability of treatments, technological advancement, and the rapid adoption of these procedures to treat food allergies are escalating the market on the global heights. Global  Food Allergy Market Size  is growing at a rapid pace;  mainly due to the increasing prevalence of allergies for various types of food.  Acknowledging the exponential growth, the market perceives currently and the potential of the market to grow in the upcoming years;  Market Research Future (MRFR), in its recently published study report asserts that the global food allergy treatment market will increased further exponentially by 2023, registering a CAGR of approximately 6.6% throughout the forecast period (2017 - 2023).     Additional factors substantiating the market growth include the growing research...

Flavored tea is popular especially among health-conscious consumers due to its higher percentage of antioxidants contents that offer various health benefits. There are already various flavors available in the market, and the makers of flavored tea continuously bring novelties and variations in the taste. Furthermore, distribution channels are playing a vital role in the development of this market. The global   Flavored Tea Market Analysis   is accruing rapidly, mainly due to its popularity, especially among the health-conscious populace. Simultaneously, various health benefits offered by the flavored tea along with the availability of a range of flavors boost the market growth further. Besides, the growing FMCG sector along with the ever-increasing shift in consumer preferences, worldwide, provides impetus to the market growth. Resultantly, the Flavored tea market is growing pervasively on the global platform. Acknowledging the accruals, the market is witnessing currentl...

Market Overview: Gluten-Free Products Market is expected to grow at a CAGR of 9.51%. In the recent years, gluten-free products market has witnessed substantial growth in terms of improved products with the research & development and collaborations. Furthermore, increasing incidence of celiac diseases and gluten intolerant population has stimulated the growth of gluten-free products market in this region. Additionally, increased level of diseases such as obesity and diabetes has positively impacted the major key players to come up with various modified gluten free products, this is considered to be a significant reasons for the increasing growth of gluten-free products market during the forecast period. 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. Furthermore, multi-functionality of gluten-free foods...

Market Overview Maple syrup is obtained by evaporating and concentrating maple sap obtained maple tree. Maple extract contains number of organic volatile compounds like propionaldehyde, hydroxybutanone, and vanillin that aids in numerous cardiovascular diseases. Maple syrups are used to prepare variety of bakery and beverage products such as donuts, ice cream, chocolate, cookies and health drinks.  Market Forecast Increasing number of bakery industry along with increased use of maple syrup in bakery and confectionery products is driving the Maple Syrup Market owing to high amount of minerals such as manganese, potassium, and calcium. Maple syrup is also used as a natural sweetener in various food products which is another major factor driving the global maple syrup market. Additionally, rising demand for organic maple syrups is likely to drive the growth of the maple syrups market over the review period. Furthermore, health benefits such as skin protection, improved diges...

Owing to growing consumer needs and their awareness about dietary supplements and other medical foods required for nutrition and prevention of chronic disorders has grown in recent years. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global  Medical Foods Market  Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period. The escalating medical service cost has resulted in consumer shift towards adoption of healthy alternatives into their daily routine. Owning to this, the consumption and demand for medical foods have experienced a drastic increase. Consumers are identified to include consumption of functional foods and supplements as a part of their daily diet. Medical foods provide essential nutrients the body thereby enhancing the body’s metabolism....

The global  edible insects market  is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the edible insects market followed by rest of the world. Thailand is a leading consumer of edible insects owing to increasing awareness about the benefits of consuming edible insect products. Also, mounting awareness towards insect farming is the key driving factor in this region. Furthermore, increasing demand for natural ingredients in convenience food in Asia Pacific countries like China, India, and Japan are likely to boost the growth of the edible insect’s market during the review period. Additionally, Brazil and South Africa are experiencing higher consumption of edible cricket & beetle insects in food preparation, which is expected to drive the global edible insects’ market. Edible insects such as caterpillars, bees, ants and wasps, beetles, scale insects, grasshoppers, crickets, locusts, and mealworm are fit for hum...

The increased use of botanical extracts in the preparation of beverages, food, medicines, and nutraceuticals is anticipated to reinforce the progress of the market. The therapeutic properties of botanical extracts are expected to incentivize the market’s development in the forecast period further. Moreover, mounting consumer awareness about health and wellness products is anticipated to create profitable options for growth in the forecast period. The increased demand for natural extracts primarily from plant sources is increasing the growth of the botanical extracts market . Reports that assess the food, beverages, and nutrition industry have been presented by Market Research Future, which creates reports on numerous industry verticals that examine the market progress and forecasts. The market is expected to gain an ascendant CAGR in the forecast period. Segmental Analysis The segmental evaluation of the botanical extracts market is carried out based on source, extract form, ap...

Global Cage-free Eggs Market: Drivers and Restraints Global   Cage Free Eggs Market Research   is anticipated to exhibit noteworthy expansion at a CAGR of 5.8% during the forecast period of 2017-2023.  Cage-free eggs or free-range eggs are produced from poultry that is permitted access to the outdoors. Increasing consumer demand for eggs with comparatively bigger size and higher nutritive value and increasing preference of cage-free poultry farming in order to maintain the health of poultry are leading to the notable growth of the global cage-free eggs market.  Increasing awareness regarding the health benefits of cage-free eggs over conventional eggs as they have high omega-3 content and are beneficial in controlling cholesterol levels is also propelling the growth of the global cage-free eggs market.  Implementation of strict regulatory framework by the government in various regions regarding the norms of cage-free poultry is also contributing ...

The Asia Pacific  Fragrance Market  is expected to grow at a  CAGR of 6.20% . In recent years, fragrance market has witnessed substantial innovation in terms of new product launches with various fragrances along with the increasing research & development units and collaborations. Also, the overall disposable income of the consumers has been increasing over the past few years, which, in turn, is projected to lead the demand for consumer goods like fragrances during the forecast period. With the rising health consciousness among the consumers, aromatherapy market is experiencing great demand which is directly adding fuel to the fragrance market during the recent years. Consumer goods such as cosmetics, body care, spray perfumes, soaps & detergents, incense, and home care products have become a necessity for consumers. Hence, it is concluded that with the interconnection of both the markets and rising demand for consumer goods, the demand for fragrance products w...

The global sugar syrup market has been on an upward growth trajectory over the recent past and is expected to surpass its previous revenues over the forecast period of 2017-2023, reveals Market Research Future (MRFR) in a recently published research report. The market has observed continual growth owing to the diverse application potential of sugar syrups which fetches persistent demand for the market. The global Sugar Syrups Market Share derives much of its growth from the burgeoning demand for sugar syrups from the Food & Beverage industry as they find widespread application in food toppings, beverages, and other purposes. The consumption of soft drinks and other alcoholic beverages has grown considerably on a global scale which boosts the growth of the global sugar syrups market. Furthermore, there has been an escalation in demand for natural sugar syrups such as honey, maple syrup, and coconut palm sugar owing to rising health consciousness among consumers which is likely ...

The syrups are highly concentrated, partially inverted sugar syrups which consists of sucrose, glucose, and fructose. In order to give syrups different tastes and aroma, various flavors are added into it, thereby giving the end-product a distinctive flavor profile. Consumers are showing increasing interest towards personalized flavored syrups which is one of the major factors driving the demand for the product. Furthermore, apart from giving different flavors to the end product, syrups helps in binding the water which helps in retaining the moisture in bakery products. Therefore, they are highly preferred by bakery and confectionary industry. Based on their flavor profiles, these syrups are also used in coffee, frozen desserts, pancakes, waffles, and other products to increase their organoleptic properties. Additionally, economic development, and increasing disposable income is supporting the growth of flavored syrups in the global market. Competitive Analysis: The  Flavoured...

The global market for organic soybean has witnessed continued demand during the last few years and is projected to reach USD 2210.53 million by 2022. Developing economy and consumers’ adoption of sustainable development trends are likely to drive the  Organic Soybean Market  in the countries of the developed regions. Increasing disposable income and technological strides facilitating agricultural productivity are also likely to have a positive impact on its market growth. Based on the application, food-based application of organic soybean is expected to witness the highest growth rate (~18%) on a global level. Feed based application of organic soybean will hold a significant share and will also witness a steady growth during the given forecast period. Crush based application major portion of which goes in edible soybean products is likely to experience a high growth rate and is estimated to hold a market share during the given period. By Downstream Analysis By 2022, or...

According to the latest report published by Market Research Future (MRFR), the global market size of organic cocoa is likely to grow to USD 585 Mn by the year 585 Mn. This also indicates towards a strong growth of the market over the next couple of years. Organic cocoa-based food variants have expanded dramatically over the recent years and the trend is likely to gain further momentum in the forthcoming years. Modern consumers, especially millennials display a highly positive sentiment towards organic ingredients, which is partly supporting the growth of the market. The demand for premium grade chocolate products is on the rise, which is having a positive influence on the global sales of organic chocolate. Consumption of beverages and functional food prepared with organic ingredient is picking up steams worldwide, which in turn is prompting food brands to increase their focus on organic variants. Market Research Future (MRFR) in its report offers a detailed segmental analysis of th...