Top 10 Published Studies in the Food and Beverages Sector: A New Dimension to Its Growth in 2024
The growing pace of industrialization and globalization has changed the dietary habits of people living in developed and developing countries across the globe. The rise in demand for packaged and processed foods due to busy lifestyles has created new investment opportunities in the food and beverages domain. Recently, Allied Market Research published a newsletter on the top 10 published studies of 2024 which highlight the contribution of the leading markets in the growth of the FB sector.
Cream Liqueur Market
The AMR report on the cream liqueur market includes a detailed analysis of the current and projected revenue numbers and CAGR values. The study features competitive intelligence provided in the form of market shares and investment opportunities in the industry to aid companies in designing holistic expansion strategies in the long run.
As per the report, the cream liqueur industry is anticipated to gather a revenue of $4.6 billion by 2029. The landscape accounted for $2.3 billion in 2019 and is anticipated to rise at a CAGR of 10.5% during 2023-2029. The shifting consumer preferences and tastes of people, especially millennials, have impacted the market positively in 2024. Furthermore, the growing preference for healthy dietary preferences is expected to help the industry flourish in the coming period.
Gummy Vitamins Market
The gummy vitamins market report by AMR showcases the upcoming trends and latest developments in the industry. Furthermore, product offerings and strategic alliances established by multinational giants are also discussed in detail to aid new entrants align their operations as per the evolving dynamics of the landscape.
The gummy vitamins industry, as per the study, was valued at $9.1 billion in 2022. The landscape is predicted to gather a revenue of $16.3 billion by 2032, citing a CAGR of 5.9% during 2023-2032. The growing prevalence of dysphagia is one of the leading factors that has influenced the growth of the market in 2024. Along with this, a surge in awareness regarding the importance of preventive healthcare has created favorable conditions for the expansion of the industry.
Energy Gum Market
The AMR study on the energy gum market classifies the landscape into various segments based on application, flavor, and distribution channel. Each of these segments is studied in detail with a special emphasis on their growth drivers and trends to assist companies in focusing on the key investment areas.
In the last few years, especially after the COVID-19 pandemic, there has been a huge rise in health consciousness among people across the globe, thereby increasing the demand for energy gums. Furthermore, the growth in the proportion of the working-class population in emerging economies is expected to maximize the revenue share of the industry in the near future. These factors are anticipated to help the landscape surge at a CAGR of 7.9% during 2024-2035.
Bubble Tea Market
The AMR report on the bubble tea market provides a comprehensive regional analysis of the industry wherein the sociocultural, economic, political, administrative, and administrative factors impacting the landscape are studied. The exercise is primarily aimed at aiding companies in expanding their presence on a global level.
The growing adoption of boba tea in several developed countries such as the US, Germany, China, Canada, India, and Brazil has opened new avenues for growth in the industry. The market is estimated to gather a revenue of $5.4 billion by 2033, registering a CAGR of 5.9% during 2024-2033. The growing trend of veganism has also played a major role in the expansion of the landscape globally in 2024.
Used Cooking Oil Market
The used cooking oil market report by Allied Market Research includes a detailed analysis of the competitive scenario of the industry to help businesses develop a complete understanding of the market. The study features profiles of the top players in the landscape, the strategies adopted by them, and interviews with major stakeholders to aid enterprises in making the right business decisions.
Furthermore, the AMR report also states that the market, which accounted for $6.4 billion in 2023, is estimated to amass a sum of $11.8 billion by 2034, registering a CAGR of 5.8% from 2024 to 2034. The growth of the industry is attributed to the huge rise in demand for biodiesel from different end-use industries which has led governments across the globe to launch cooking oil recycling initiatives. Additionally, technological advancements in oil collection and conversion processes have accelerated the market’s growth and success.
Food Ingredients Market
The AMR report on the food ingredients industry is important for companies operating in the food and beverages domain as it thoroughly explains the market entry and expansion strategies to identify the profitable opportunities in the landscape. The study’s emphasis on sustainability and innovation enables enterprises to realign their business workflows according to the changing market dynamics.
As per the report, the food ingredients market is projected to register a revenue of $475.4 billion by 2031, growing at a CAGR of 5.8% during 2022-2031. The rising use of sweeteners, thickeners, emulsifiers, and stabilizers by food processing companies has strengthened the foothold of the industry worldwide. Moreover, the increasing demand for natural colors from bakery and confectionery item manufacturers is expected to broaden the scope of the landscape in the coming period.
Cheese Sauce Market
The recently published report on the cheese sauce market analyzes the industry potential with the help of scientific analytical tools such as Porter’s five forces. The evolving consumer preferences, market disruptions, latest trends, and futuristic outlook provided in the study aid companies in developing comprehensive growth strategies in the long run.
The cheese sauce industry has witnessed huge growth in 2024 due to the transition toward ready-to-eat food options and changing taste preferences. Moreover, the rising demand for healthy cheese types has impacted the industry positively. While the landscape was valued at $5.4 billion in 2022, it is anticipated to surge at a CAGR of 2.9% during 2023-2032 and amass a sum of $7.1 billion by 2032.
Frozen Bread Dough Market
Allied Market Research recently published a report on the frozen bread dough market which provides an in-depth analysis of the impact of the COVID-19 pandemic on the industry. Moreover, the study also features strategies adopted by leading companies to revive their businesses in the post-pandemic period.
According to the report, the industry has made significant growth in the coming period owing to the product launches by top companies in the industry. Moreover, the study also divides the landscape into different segments based on type and application. The segmental analysis offered in the reports aids businesses in chalking out plans for expanding their consumer base globally.
PDO Feta Cheese Market
PDO feta cheese refers to feta cheese products that have been cleared for sale by certifying them with Protected Designation of Origin (PDO) status by the European Union. AMR’s report on the PDO feta cheese market throws light on the various strategic alliances such as partnerships, mergers, acquisitions, and collaborations established by major companies to expand their footprint in the industry.
According to the report, the PDO feta cheese market highlights that the industry accounted for $343.2 million in 2023 and is estimated to gather a sum of $662.3 million by 2033. The overall rise in popularity of Mediterranean cuisine has improved the growth rate of the landscape in 2024. Additionally, the shifting consumer demand toward high-quality cheese products is expected to create new avenues for growth in the industry.
Europe Alcoholic Beverages Market
The Europe alcoholic beverages market report by AMR offers valuable insights into the competitive scenario of the industry using tools such as SWOT analysis and Porter’s five forces. To help new entrants understand the business operations of conglomerates and corporations, the study features interviews with major stakeholders so as to verify the data and statistics offered.
As per the report, the industry, which was valued at $481,048.5 million in 2023, is predicted to rise at a CAGR of 2.4% during 2024-2035 and amass a sum of $637,915.2 million by 2035. The increasing investment by breweries and alcohol manufacturing companies in developing brand strategies, ad campaigns, and marketing has created new investment opportunities in the landscape.
Summing up
The shift toward packaged and processed foods has been one of the leading reasons behind the growth of the food and beverages domain in 2024. Additionally, the AMR’s newsletter on the top 10 published studies highlights the role played by certain markets such as the bubble tea market and energy gum market in the expansion of the sector in 2024.
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