According To Fortune Business Insights, The global ice cream market size is anticipated to showcase eminent growth owing to the constant product innovation from major players, observes Fortune Business Insights™ in its report, titled, “Ice cream Market Size, Share &COVID-19 Impact Analysis, By Type (Impulse Ice cream and Take Home), Flavor (Vanilla, Chocolate, Fruit, and Others), Packaging (Cup, Cone, Stick, Brick, Tub, and Others), Distribution Channel (Hypermarket/Supermarket, Ice cream Parlor, Online Retailer, and Others), and Regional Forecast, 2020-2027.”
The ice cream market size reached USD 70.85 billion in 2019and is anticipated to reach USD 91.90 billion by 2027, exhibiting a CAGR of 4.01% during the forecast period.
Traveling Restrictions to Have Adverse Impact on Businesses amid COVID-19
The COVID-19 pandemic has had a drastic impact on the global economy. Nationwide lockdowns and traveling restrictions have disrupted the global supply chain, negatively impacting businesses across the globe. Countries across the world are constantly working on addressing the challenges that have arisen during the crisis. At Fortune Business Insights, we are constantly analyzing these challenges in order to provide feasible solutions.
Highlights of the Report:
While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.
Drivers & Restraints-
Increasing Use of Functional Ingredients in Products to Drive Growth
Prominent enterprises are expanding their resources in research and development activities to offer options that include healthy and functional ingredients for optimum nutrition. This is due to the increasing health awareness among consumers globally. This trend is estimated to drive theice cream market growth. In addition, the increasing adoption of premiumized ice creams made from rich ingredients is anticipated to further enhance growth. However, the seasonal nature of the primary product is projected to hinder growth during the forecast period.
Segment-
Premium Vanilla Extracts to Drive Segment Growth
On the basis of flavor, the vanilla segment dominates the market with a total share of 30.22%. The increasing expenditure on premium quality vanilla-flavored products from these companies due to the high demand of the flavor is predicted to drive the segment growth. On the basis of type, the impulse segment is projected to rise at a considerable ice cream market share stoked by innovation and consumer-oriented packaging.
Regional Insights-
Rapid Urbanization to Help Asia Pacific Gain Prominence
Asia Pacific is estimated to dominate the global market with a market value of USD 15.43 billion in 2019. The increasing disposable income and rapid urbanization in major countries including China, India, and Japan are estimated to drive the growth in the region. In addition, the rising popularity of fast food in the region is estimated to enhance the demand in Asia Pacific.
The market in North America is projected to exhibit significant growth in the forecast timeline. A wide range of fast-food chains, coupled with the increasing demand for natural products is set to further propel the need for ice-creams in the region.
Browse Summary of This Research:
https://www.fortunebusinessinsights.com/ice-cream-market-104847
The global ice cream market size is anticipated to showcase eminent growth owing to the constant product innovation from major players, observes Fortune Business Insights™ in its report, titled, “Ice Cream Market Size, Share & COVID-19 Impact Analysis, By Type (Impulse Ice cream and Take Home), Flavor (Vanilla, Chocolate, Fruit, and Others), Packaging (Cup, Cone, Stick, Brick, Tub, and Others), Distribution Channel (Hypermarket/Supermarket, Ice cream Parlor, Online Retailer, and Others), and Regional Forecast, 2020-2027.” The market size reached USD 70.85 billion in 2019 and is anticipated to reach USD 91.90 billion by 2027, exhibiting a CAGR of 4.01% during the forecast period.Traveling Restrictions to Have Adverse Impact on Businesses amid COVID-19The COVID-19 pandemic has had a drastic impact on the global economy.
Nationwide lockdowns and traveling restrictions have disrupted the global supply chain, negatively impacting businesses across the globe.
At Fortune Business Insights, we are constantly analyzing these challenges in order to provide feasible solutions.Highlights of the Report:While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region.
In addition, the increasing adoption of premiumized ice creams made from rich ingredients is anticipated to further enhance growth.
However, the seasonal nature of the primary product is projected to hinder growth during the forecast period.Segment-Premium Vanilla Extracts to Drive Segment GrowthOn the basis of flavor, the vanilla segment dominates the market with a total share of 30.22%.
On the basis of type, the impulse segment is projected to rise at a considerable ice cream market share stoked by innovation and consumer-oriented packaging.Top Regional Insights-Rapid Urbanization to Help Asia Pacific Gain ProminenceAsia Pacific is estimated to dominate the global market with a market value of USD 15.43 billion in 2019.
Healthy smoothies serves as a good natural detoxifier, owing to high antioxidants content.
Commercially available healthy smoothies in the market have key ingredients as flax, chia seeds, papaya extract, and spinach.Competitive AnalysisThe major players in the Healthy Smoothies Market are:Bolthouse Farms, Inc. (U.S.)Barfresh Food Group (U.S.)Innocent Drinks (U.K.)Smoothie King (U.S.)MTY Food Group (Canada)Crussh Juice Bars (Australia)Freshens (U.S.)Market ForecastHealthy smoothies are prepared from fruits, vegetables and seeds which are rich in vitamins, nutrients and other minerals.
Flax and chia seeds are rich in fiber and Omega-3 fatty acids which promote good heart health.
Increasing urbanization, owing to high demand for healthy drinks is majorly driving the growth of the global healthy smoothies market.Additionally, all these factors are projected to contribute to the estimated CAGR of 10.2% of healthy smoothies market during the forecast period 2017-2023.
Access Report Details @ https://www.marketresearchfuture.com/reports/healthy-smoothies-market-4680Downstream AnalysisHealthy smoothies is segmented on the basis of type, which includes, fresh and processed healthy smoothies.
Among all the functional ingredients, fruits and vegetables is dominating the market because of easy availability of fruits and vegetables.
According to IMARC Group’s latest report, titled “Education Apps Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” The global education apps market grew at a CAGR of around 25% during 2014-2019.
Looking forward, the market is expected to continue its strong growth during 2020-2025.We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
These observations will be integrated into the report.Education app is a software application that includes various multimedia tools designed to reinforce virtual teaching and self-learning processes.
These apps offer a wide range of eBooks, online mock tests, learning videos, audio notes, etc., along with other miscellaneous features, including online fee payment, teacher-parent interactive sessions, attendance management, etc.Request Free Sample Report: https://www.imarcgroup.com/education-apps-market/requestsampleMarket TrendsThe market is primarily bolstered by the rising digitalization in the education sector, along with the increasing penetration of smart devices and high internet connectivity.
Furthermore, the growing student preferences towards STEM (Science, Technology, Engineering, and Mathematics) fields due to ample job opportunities has fostered the demand for STEM-based education apps.
Besides this, the increasing adoption of assistive and learning management solutions, particularly for specially-abled students, has propelled the utilization of education apps with speech recognition and touch-based sensing features.
According to the latest report by IMARC Group “Veterinary Dental Equipment Market Trends: Global Industry Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global veterinary dental equipment market exhibited moderate growth during 2015-2020.
Looking forward, IMARC Group expects the global market to grow at a CAGR of around 6% during the forecast period (2021-2026).Veterinary dental equipment refers to specialized tools that allow dental professionals for better visual access during an oral examination of animals.
Some of the most commonly used veterinary dental equipment includes extraction forceps, probes, curettes, luxators, deciduous elevators, and tartar.
They are designed to help veterinary dentists clean, extract, fill, adjust, repair and examine the teeth and gums to identify problems related to animal oral healthcare.Request for a free sample copy of this report: https://www.imarcgroup.com/veterinary-dental-equipment-market/requestsampleNote: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
These observations will be integrated into the report.Market Trends:The growing awareness among pet owners regarding the maintenance and importance of pet oral hygiene and increasing investments by individuals in their pets’ health represent the primary factors driving the global veterinary dental equipment market.
Besides this, the rising incidences of periodontitis and gingivitis among animals that consist of a wide range of inflammatory conditions that affect the supporting structures of the teeth have also led to the rapid adoption of dental equipment worldwide.
According to IMARC Group latest report titled” Wetsuit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth.
A wetsuit is a close-fitted rubber garment worn by divers, swimmers, canoeists, and individuals who engage in water sports and activities.
It is made using foamed neoprene bubbles, which offer abrasion resistance, thermal insulation, and buoyancy to the user.
It protects against cuts and bruises from rocky reefs and assists in maintaining the body heat and avoiding the condition of hypothermia underwater.
Additionally, the increasing utilization of novel technologies in generating artificial waves and wave parks are positively influencing the sales of wetsuits across the globe.
Furthermore, due to rising environmental concerns, several manufacturers are focusing on creating eco-friendly wetsuits.
