• Kefir Market Growth Status, Movements by Trend Analysis, Revenue Expectation and Analysis to 2027

    The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits.

    List of Key Companies Profiled in the Kefir Market Report:

    The Icelandic Milk and Skyr Corp (New York, U.S.)
    Maple Hill Creamery, LLC (New York, U.S.)
    Green Valley Creamery (California, U.S.)
    The Hain Celestial Group, Inc. (New York, U.S.)
    Nestle S.A. (Vevey, Switzerland)
    Emmi AG (Lucerne, Switzerland)
    Fresh Made Dairy (Pennsylvania, U.S.)
    Biotiful Dairy Limited (London, England)
    Danone S.A. (Paris, France)
    Lifeway Foods, Inc. (Illinois, U.S.)
    Market Opportunity

    Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities

    The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020.

    Regional Insights

    High Nutritional Awareness to Power Market Growth in Europe

    Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region.

    Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region.

    Competitive Landscape

    Companies to Align Strategies to Serve Evolving Consumer Tastes

    With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products.

    Industry Developments:

    May 2020: Biotiful Dairy expanded its kefir liquid portfolio with the addition of Kefir Blackcurrant and Kefir Mango flavors. The company’s cultured milk beverages are created by fermenting milk with live kefir grains, which is then infused with fruit.
    September 2019: Lifeway Foods released the “Kefir Minis” product range at the Natural Products Expo East held in Baltimore, Maryland. Offered in small-sized bottles for on-the-go snacking, the line-up features four flavors, including Strawberry Split and Campfire S’mores, catering to kids’ tastes and likings.
    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/kefir-market-102463
    Kefir Market Growth Status, Movements by Trend Analysis, Revenue Expectation and Analysis to 2027 The global kefir market size is projected to reach USD 1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period. Excellent benefits of fermented dairy products on heart health will prove to be a major game-changer for this market in the coming years, observes Fortune Business Insights™ in its report, titled “Kefir Market Size, Share & Industry Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027”. Findings from a 2018 study conducted by researchers from the University of Eastern Finland revealed that men who consume large amount of fermented dairy items such as kefir and yoghurt have a significantly lower risk of developing coronary heart disease. Another study, conducted in Brazil and published in the Journal of Nutritional Biochemistry in 2019, showed that kefir-infused fermented milk improved blood pressure and prevented cardiac hypertrophy. With increasing prevalence of cardiovascular disorders, which are the number one cause of death worldwide according to the WHO, the demand for probiotics-laden ingredients such as kefir is likely to spike, as people become more aware of their potential health benefits. List of Key Companies Profiled in the Kefir Market Report: The Icelandic Milk and Skyr Corp (New York, U.S.) Maple Hill Creamery, LLC (New York, U.S.) Green Valley Creamery (California, U.S.) The Hain Celestial Group, Inc. (New York, U.S.) Nestle S.A. (Vevey, Switzerland) Emmi AG (Lucerne, Switzerland) Fresh Made Dairy (Pennsylvania, U.S.) Biotiful Dairy Limited (London, England) Danone S.A. (Paris, France) Lifeway Foods, Inc. (Illinois, U.S.) Market Opportunity Increasing Focus on Gut Health to Fight the Coronavirus to Create Opportunities The COVID-19 pandemic has renewed the debate on maintaining gut health, with several health experts emphasizing and highlighting the critical link between the immune system and the gut. For example, epidemiologists at the King’s College London established through research that gut bacteria release many important chemicals, including Vitamin A, which help regulate and strengthen the immune system. With a vaccine for the coronavirus seeming unlikely in the immediate future, bolstering the gut micro-biome, and the immune system by extension, has become crucial. This is possible, according to the researchers, by consuming healthy amounts of natural probiotics found in drinks such as kefir and fermented foods such as Korean kimchi. The current health crisis, therefore, may generate conditions favorable to the kefir market growth. However, disruptions in supply chains and downturn in economic activities will dampen the growth prospects of the market in 2020. Regional Insights High Nutritional Awareness to Power Market Growth in Europe Europe, where the market size stood at USD 654.78 million in 2019, is expected to dominate the kefir market share during the forecast period. The central growth driver for this region is the widespread awareness about the nutritional requirements to maintain gut health. Emerging trend of healthy snacking is also expected to boost the demand for fermented milk in the region. Increasing investment in research to investigate the benefits of probiotic food & drinks by companies in North America will fuel the regional market growth. In Asia Pacific, the market will be mainly driven by the growing interest of consumers in novel, flavored probiotic products, especially dairy-based kefir, which held a share of 71.91% in 2019 in the region. Competitive Landscape Companies to Align Strategies to Serve Evolving Consumer Tastes With consumer preferences and tastes undergoing continuous change, key players in this market are constantly evolving their strategies to meet the consumer demand. As a result, companies are developing and introducing novel offerings to broaden their sales horizons and build a strong brand value for their products. Industry Developments: May 2020: Biotiful Dairy expanded its kefir liquid portfolio with the addition of Kefir Blackcurrant and Kefir Mango flavors. The company’s cultured milk beverages are created by fermenting milk with live kefir grains, which is then infused with fruit. September 2019: Lifeway Foods released the “Kefir Minis” product range at the Natural Products Expo East held in Baltimore, Maryland. Offered in small-sized bottles for on-the-go snacking, the line-up features four flavors, including Strawberry Split and Campfire S’mores, catering to kids’ tastes and likings. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/kefir-market-102463
    Kefir Market Size, Trends, Share | Global Industry Growth [2020-2027]
    The global kefir market size was $1.23 billion in 2019 and is projected to reach $1.84 billion by 2027, exhibiting a CAGR of 5.4% during the forecast period
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  • PET Packaging Market  Updates, 2021 Factors Influencing Demand, Challenges, Business Opportunities and Leading Companies Overview by 2029
    The global PET packaging industry growth was valued at USD 37.85 billion in 2021. The market is projected to grow from USD 39.23 billion in 2022 to USD 55.46 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period.

    This information is provided by Fortune Business Insights, in its report titled, “PET Packaging Market, 2022-2029.”


    Demand for PET Flexible Packaging as a Sustainable Solution to Gain Momentum

    Based on product type, the market is segmented into bottles & jars, caps & closures, trays & clamshells, bags & pouches, films & wraps, sachets & stick packs, and cans & containers. In terms of market share, the films & wraps segment holds a dominant share of the global market due to the rising usage of flexible packaging in online delivery.

    Demand for PET Containers in the Food & Beverage Industry to Gain Momentum
    Food & beverages segment is the dominant segment of the market. Prepared meals mainly lead the food & beverage packaging market due to easy portability, long shelf life, and easy preparation. Prepared food consists of frozen meals, snacks, drinks, and more.

    Report Coverage

    The report presents a holistic study of the market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the market growth are shared in the report.

    Driving Factors

    Food & Beverage Segment Expansion Along with Pharmaceutical Growth is Boosting Sales

    Leading companies in the pharmaceutical and food & beverage sectors have created innovative packaging solutions in response to consumer demand as a result of globalization. Due to rising preference for practical and portable options for transporting food in safety, PET packaging is predicted to see an increase in demand. In order to assure the safe handling of food and beverage goods, plastic packaging is being developed.

    Browse Detailed Summary of Research Report :

    https://www.fortunebusinessinsights.com/pet-packaging-market-104899
    PET Packaging Market  Updates, 2021 Factors Influencing Demand, Challenges, Business Opportunities and Leading Companies Overview by 2029 The global PET packaging industry growth was valued at USD 37.85 billion in 2021. The market is projected to grow from USD 39.23 billion in 2022 to USD 55.46 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “PET Packaging Market, 2022-2029.” Demand for PET Flexible Packaging as a Sustainable Solution to Gain Momentum Based on product type, the market is segmented into bottles & jars, caps & closures, trays & clamshells, bags & pouches, films & wraps, sachets & stick packs, and cans & containers. In terms of market share, the films & wraps segment holds a dominant share of the global market due to the rising usage of flexible packaging in online delivery. Demand for PET Containers in the Food & Beverage Industry to Gain Momentum Food & beverages segment is the dominant segment of the market. Prepared meals mainly lead the food & beverage packaging market due to easy portability, long shelf life, and easy preparation. Prepared food consists of frozen meals, snacks, drinks, and more. Report Coverage The report presents a holistic study of the market along with current trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the market growth are shared in the report. Driving Factors Food & Beverage Segment Expansion Along with Pharmaceutical Growth is Boosting Sales Leading companies in the pharmaceutical and food & beverage sectors have created innovative packaging solutions in response to consumer demand as a result of globalization. Due to rising preference for practical and portable options for transporting food in safety, PET packaging is predicted to see an increase in demand. In order to assure the safe handling of food and beverage goods, plastic packaging is being developed. Browse Detailed Summary of Research Report : https://www.fortunebusinessinsights.com/pet-packaging-market-104899
    PET Packaging Market Size, Share, Growth | Global Report 2029
    The global PET packaging market is projected to grow from $39.23 billion in 2022 to $55.46 billion by 2029, at a CAGR of 5.1% in forecast period, 2022-2029
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  • Botanical Extracts Market to Witness an Impressive Growth During the Forecast Period by 2021-2028

    The global botanical extracts market size is anticipated to reach USD 9.62 billion by 2028 and exhibit a CAGR of 9.6% during the forecast period. The increasing awareness of herbal products’ health benefits and the growing demand for convenience food products are likely to be the key factors boosting the market growth. Fortune Business InsightsTMhas presented this information in its report titled, “Botanical Extracts Market, 2021-2028”. The market size stood at USD 4.65 billion in 2020 and USD 5.05 billion in 2021.

    Additionally, the rising demand for clean-label food products due to the growing health consciousness among consumers is projected to be a key trend stimulating the market growth.

    COVID-19 Impact-

    COVID-19 Disrupted the Supply Chains

    The market has witnessed unparalleled devastation from the coronavirus pandemic’s swift spread. Lockdowns and curfews implemented to curb the virus spread caused a supply crunch and resulted in raw material price fluctuations. This negatively impacted the market growth. The shutdown of the end-use industry’s manufacturing facilities aggravated the situation. Nonetheless, the growing consumer consciousness for maintaining optimal health during the pandemic is stimulating growth, and the market is likely to expand in the forthcoming years.

    List of Key Market Players:

    International Flavors & Fragrances (New York, U.S.)
    Kalsec Inc. (Michigan, U.S.)
    Dohler GmbH (Darmstadt, Germany)
    Nexira (New Jersey, U.S.)
    Haldin Natural (Jakarta, Indonesia)
    Synthite Industries (Kochi, India)
    MB-Holding GmbH & Co. KG (Bayern, Germany)
    Synergy Flavors (Illinois, U.S.)
    Blue Sky Botanics (Ross-on-Wye, U.K.)
    Fytosan (Die, France)
    Segments-

    Source, Technology, Application, and Region are Studied

    On the basis of source, the market is fragmented into spices, herbs, flowers, leaves, and others. On the basis of technology, the market is segmented into enfleurage, steam distillation, solvent extraction, CO2 extraction, and others. On the basis of application, the market is trifurcated into cosmetics, pharmaceutical and nutraceutical, and food & beverages. Geographically, the market is classified into South America, North America, Europe, Asia Pacific, and the Middle East & Africa.

    Report Coverage-

    It envisages Porters’ five forces analysis for precise market prediction.
    It incorporates SWOT analysis of the market.
    It highlights various restraints to market growth and suggests strategies to overcome them.
    It showcases the various strategies adopted by key market players to acquire growth.
    It highlights the latest industry developments.
    Drivers & Restraints-

    Expanding Demand for Dietary Supplements to Bolster Market Growth

    The demand for convenience food products such as sports & energy beverages, ready-to-drink beverages, ready meals, sauces & dressings, and bakery & confectionery has been exponentially rising in the recent years. The expanding working women populace, altering consumer lifestyles, escalating online and brick & mortar retail, and improving income levels are a few factors fueling the demand for convenience food products. Botanical extracts are used to add flavors, fragrance, and nutritional properties to convenience foods. They also help to elongate the shelf life of these products. This, in turn, is anticipated to bolster the global botanical extracts market growth.

    Botanical extracts are widely used in dietary supplements due to various proteins, amino acids, multivitamins, minerals, and vitamins present in them. The rising inclination toward active and fit lifestyles, growing health concerns, and rising healthcare costs augments the demand for dietary supplements and are likely to favor the growth of the market.

    However, the fluctuations in raw material costs due to varied climatic conditions and other such factors may hamper the market growth.


    Browse Complete Report Summary:

    https://www.fortunebusinessinsights.com/botanical-extracts-market-106042
    Botanical Extracts Market to Witness an Impressive Growth During the Forecast Period by 2021-2028 The global botanical extracts market size is anticipated to reach USD 9.62 billion by 2028 and exhibit a CAGR of 9.6% during the forecast period. The increasing awareness of herbal products’ health benefits and the growing demand for convenience food products are likely to be the key factors boosting the market growth. Fortune Business InsightsTMhas presented this information in its report titled, “Botanical Extracts Market, 2021-2028”. The market size stood at USD 4.65 billion in 2020 and USD 5.05 billion in 2021. Additionally, the rising demand for clean-label food products due to the growing health consciousness among consumers is projected to be a key trend stimulating the market growth. COVID-19 Impact- COVID-19 Disrupted the Supply Chains The market has witnessed unparalleled devastation from the coronavirus pandemic’s swift spread. Lockdowns and curfews implemented to curb the virus spread caused a supply crunch and resulted in raw material price fluctuations. This negatively impacted the market growth. The shutdown of the end-use industry’s manufacturing facilities aggravated the situation. Nonetheless, the growing consumer consciousness for maintaining optimal health during the pandemic is stimulating growth, and the market is likely to expand in the forthcoming years. List of Key Market Players: International Flavors & Fragrances (New York, U.S.) Kalsec Inc. (Michigan, U.S.) Dohler GmbH (Darmstadt, Germany) Nexira (New Jersey, U.S.) Haldin Natural (Jakarta, Indonesia) Synthite Industries (Kochi, India) MB-Holding GmbH & Co. KG (Bayern, Germany) Synergy Flavors (Illinois, U.S.) Blue Sky Botanics (Ross-on-Wye, U.K.) Fytosan (Die, France) Segments- Source, Technology, Application, and Region are Studied On the basis of source, the market is fragmented into spices, herbs, flowers, leaves, and others. On the basis of technology, the market is segmented into enfleurage, steam distillation, solvent extraction, CO2 extraction, and others. On the basis of application, the market is trifurcated into cosmetics, pharmaceutical and nutraceutical, and food & beverages. Geographically, the market is classified into South America, North America, Europe, Asia Pacific, and the Middle East & Africa. Report Coverage- It envisages Porters’ five forces analysis for precise market prediction. It incorporates SWOT analysis of the market. It highlights various restraints to market growth and suggests strategies to overcome them. It showcases the various strategies adopted by key market players to acquire growth. It highlights the latest industry developments. Drivers & Restraints- Expanding Demand for Dietary Supplements to Bolster Market Growth The demand for convenience food products such as sports & energy beverages, ready-to-drink beverages, ready meals, sauces & dressings, and bakery & confectionery has been exponentially rising in the recent years. The expanding working women populace, altering consumer lifestyles, escalating online and brick & mortar retail, and improving income levels are a few factors fueling the demand for convenience food products. Botanical extracts are used to add flavors, fragrance, and nutritional properties to convenience foods. They also help to elongate the shelf life of these products. This, in turn, is anticipated to bolster the global botanical extracts market growth. Botanical extracts are widely used in dietary supplements due to various proteins, amino acids, multivitamins, minerals, and vitamins present in them. The rising inclination toward active and fit lifestyles, growing health concerns, and rising healthcare costs augments the demand for dietary supplements and are likely to favor the growth of the market. However, the fluctuations in raw material costs due to varied climatic conditions and other such factors may hamper the market growth. Browse Complete Report Summary: https://www.fortunebusinessinsights.com/botanical-extracts-market-106042
    Botanical Extracts Market Size, Share, Growth | Analysis till 2028
    The global botanical extracts market is expected to grow from USD 5.05 billion in 2021 to USD 9.62 billion by 2028 at a CAGR of 9.6% during forecast period
    WWW.FORTUNEBUSINESSINSIGHTS.COM
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