Rising demand for probiotic products Is Driving Kombucha Market

The global kombucha market is expected to reach USD 4.46 billion by 2024, according to a new report by Grand View Research, Inc. Increasing awareness of the health benefits associated with consuming probiotic drinks is projected to boost market demand over the forecast period.

Kombucha helps to control liver cell toxicity and aids in detoxification, digestion, and weight loss.  It also improves immunity and acts like an energy drink. Some of the drivers influencing the market growth are the ease of manufacturing and rising demand for probiotic beverages.

U.S. kombucha Market Revenue By Region, 2014 - 2024 (USD Million)

Growing disposable income and the trend of maintaining a healthy diet intake has led to increasing demand for natural and organic beverages. North America occupied the largest market share in 2015 on account of a vast number of brewers operating in this region.

Companies such as Buchi Kombucha, GT’s Kombucha, Celestial Seasonings, and KeVita, Inc. have adopted expansion strategies to increase their presence in the market. Most of the companies have tie-ups with local retailers and health food stores such as Wal-Mart, Safeway, and Whole Food Market for the distribution of their products.

Browse full research report on Kombucha Market: www.grandviewresearch.com/industry-analysis/kombucha-market   

Further Key findings from the study suggest:

• The Symbiotic Colony of Bacteria and Yeast (SCOBY) is the key ingredient for the manufacture of fermented kombucha tea
• Fermented drinks have gained wide acceptance in the healthy beverages industry
• Consumers broadly prefer flavored kombucha drinks; this segment accounted for 68% of the market volume in 2015.
• Brewers have launched a variety of exotic flavors such as coconut & mango, pineapple-jalapeno, guava, and berry. Other flavors extracted from flowers, herbs, roots, and spices are also used in the beverage.
• Asia Pacific is projected to grow at the highest CAGR on account of the growing demand for probiotic beverages in China, Japan, and India
• Companies have partnered with large retail chains and other distributors to cater to the increasing demand in the U.S.
• Major companies identified in this industry include Buchi Kombucha, Cell-Nique Corporation, GT’s Kombucha, Hain Celestial Group, Red Bull GmbH, and Revive Kombucha among others

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements 

                                                                                                                                          

Grand View Research has segmented the kombucha market on the basis of flavor, distribution channel, and region:

Global Kombucha Flavor Outlook (Volume, Kilo Liters; Revenue, USD Million, 2014 - 2024)

• Original
• Flavored

Global Kombucha Distribution Channel Outlook (Volume, Kilo Liters; Revenue, USD Million, 2014 - 2024)

• Supermarkets
• Health stores
• Online stores

Global Kombucha Regional Outlook (Volume, Kilo Liters; Revenue, USD Million, 2014 - 2024)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Russia
• Asia Pacific
• China
• Japan
• India
• Australia
• Central & South America (CSA)
• Brazil
• Middle East & Africa (MEA)
• South Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-kombucha-market                                                                                                         

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Dairy Alternatives Market To Witness Growth Gaining Popularity From Increased Consumer Shift Towards Vegan Diet Till 2024

The global dairy alternatives market is expected to reach USD 35.06 billion by 2024, according to a new report by Grand View Research, Inc. Rising number of lactose intolerance cases and increasing consumer awareness towards health, is expected to drive the market growth over the forecast period.

The global dairy alternatives market has numerous manufacturers, however is dominated by a few players including Blue Diamond Growers, Earth’s Own Food, SunOpta, Vitasoy International, and Whitewave Foods Company. New product launch with improved product texture, taste and flavors is the key strategy adopted by these players to maintain their market share.

The U.S. Food and Drug Administration, and Food Canning Establishment Registration, and Scheduled Process Regulations, have laid down guidelines which are to be adhered by dairy alternative product manufacturers. The stringent regulations imposed on the manufacturing of dairy alternatives as they are directly consumed by consumers are expected to be a key threat to the industry participants.

Companies in the industry, have integrated their operations across the value chain by indulging in raw material procurement, manufacturing, as well as distribution sectors in order to gain a competitive edge in the industry. The competitive rivalry among the existing players is high which has thus compelled them to invest in R&D activities in order to come with improvised products.

Browse full research report on Dairy Alternatives Market: www.grandviewresearch.com/industry-analysis/dairy-alternatives-market                                                                                                                                  

Further Key findings from the study suggest:

• Soy milk product segment is expected to ascend at a CAGR of 15.7% over the forecast period, on account high demand for soy milk, especially by the Asian consumers
• Plain formulation segment accounted for over 52.7% of the market share in 2016, owing to its increasing preference especially by geriatric population as they are cholesterol free
• Food is expected to be the fastest growing application segment on account of rising health awareness among consumers, lactose intolerance cases and the subsequent high demand for non-dairy cheese and yogurt
• Asia Pacific held the largest market share of 49.7% in 2016 and is expected to dominate the market over the forecast period on account of the presence of high lactose intolerant population, especially in the Southeast Asia
• Major players in the industry have adopted production capacity expansion and new product development with additional nutritional values to gain competitive edge and cater to the emerging markets

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods                                                                                                                          

Grand View Research has segmented the global dairy alternatives market on the basis of product, formulation, application, and region:

• Dairy Alternatives Product Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)
• Soy Milk
• Almond Milk
• Rice Milk
• Others
• Dairy Alternatives Formulation Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)
• Plain

• Sweetened
• Unsweetened
• Flavored
• Sweetened
• Unsweetened
• Dairy Alternatives Application Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)
• Food
• Cheese
• Desserts
• Snacks
• Beverages
• Dairy Alternatives Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2013 - 2024)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Latin America
• The Middle East & Africa
• South Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-dairy-alternatives-market                                                                                     

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Changing Consumer Perception Regarding Pet Health Particularly In The U.S. Is Expected To Drive Pet Food market Till 2022: Grand View Research, Inc.

The global pet food market is expected to reach USD 98.81 billion by 2022, according to a new report by Grand View Research, Inc. Growing trend towards pet adoption as a result of increasing number of nuclear families in emerging economies of Asia Pacific including India, China, Vietnam, and Indonesia is expected to drive the industry over the forecast period. 

Rising need for nutritious, healthy, and organic food on account of increasing awareness towards pet health is expected to augment demand. Increasing life expectancy in the region has led to older generation adopting pets to guide them through routine chores; this is expected to fuel demand over the forecast period. 

Germany pet food market volume by application, 2012-2022, (Kilo Tons)

Innovations in specialty, premium and gourmet products, and packaging techniques are expected to propel growth in larger regions of the U.S., Europe, and Japan. In addition, focus on nutritive and functional pet foods and shift in preference towards dry pet food are key drivers for industry growth in developing economies.

Browse full research report on Pet Food market: www.grandviewresearch.com/industry-analysis/pet-food-industry 

                                                                                                                              

• Nutritious food is expected to witness fastest growth, growing at a CAGR of 5.2% from 2015 to 2022. Changing lifestyles and growing concerns among consumers regarding pet health have led to increased consumer spending on nutritious pet food. Rising cases of obesity and other diseases including arthritis, diabetes, and high blood pressure among pets are expected to drive demand for nutritious products over the next seven years.
• Dogs accounted for the largest consumption of these products, which accounted for over 59.0% share in 2014. Rising urbanization, increasing disposable incomes, and rising trend of nuclear families are some major reasons for rising pet ownerships, thus increasing demand for dog food over the forecast period.
• In Europe, demand was valued at USD 15.71 billion in 2014. The market in Europe, especially Central and Eastern Europe, is growing, as consumers are increasingly humanizing pets and considering them as their family members. Pet owners are responding actively to the changing trends of innovation and trading in better quality substitutes. Pet population is considerably growing in Europe as people are adopting more and more pets for companionship. As a result, the growing number of pets in European households is contributing to the robust growth.
• Some of the major players in industry include Mars Inc., Nestle SA, Colgate-Palmolive Co., Proctor & Gamble Co., Del Monte Foods Co., Agrolimen SA, Uni-Charm Corp., Nutriara Alimentos Ltda., Total Alimentos SA, Mogiana Alimentos SA, and others. Mars and Nestle are the leading players in the market accounting for around 55% of the total share. 

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/animal-feed-and-feed-additives                                                                                                                       

Grand View Research has segmented the global pet food market on the basis of product, application, and region:

Pet Food Product Outlook (Revenue, USD Billion, 2012 - 2022)

• Dry Food
• Wet/Canned Food
• Nutritious Food
• Snacks/Treats
• Others

Pet Food Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Dog
• Cat
• Others

Pet Food Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Others

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-pet-food-market     

                                                                             

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com