The global cold brew coffee market is likely to rise at a considerable pace driven by the increasing product demand for packaged beverages. The increasing number of product variations will emerge in favor of market growth. According to a report by Fortune Business Insights, titled “Cold Brew Coffee Market Size, Share & Industry Analysis, By Type (Arabica, Liberica, Robusta), By Distribution Channel (Company Owned Outlets, Supermarkets/Hypermarkets, Online Retail Stores, Others) and Regional Forecast, 2021-2028,” the market will benefit from the presence of several large scale companies across the world.
The recent coronavirus outbreak has brought major businesses to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global market and discusses how major companies are coping with this.
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Cold brew coffee is one of the most popular products across the world. The changing consumer preference towards food and beverages has created a massive platform for cold brew coffee manufacturers. The increasing demand for ready-to-go drinks and beverages will bode well for the growth of the overall market in the coming years. The massive investments in the research and development of efficient products will prove beneficial for the emerging companies in the market. The presence of several large scale companies in this sector will provide impetus to the growth of the market in the coming years. The longer shelf-life of packaged products will lead to a wider consumption of cold brew coffee across the world. Additionally, the introduction of flavoured beverages amongst coffee categories will also create several platforms for market growth.
Nestle’s Decision to Expand its Cold-brew Range will Prove Hugely Successful
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing number of product variations and innovations has made the highest impact on the growth of the market. Accounting to the potential held by these beverages, several companies are looking to capitalize on this situation by introducing newer flavors and variations. In May 2018, Nestle announced that it will be introducing a new range of cold-brew coffee flavor. The company announced that it will be introducing two new variants that are developed with natural ingredients. The company claims that these products will possess a new flavour that hasn’t been introduced in previous years. Increasing number of product variations will have a huge impact on the growth of the overall market in the coming years.
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North America to Emerge Dominant; Adoption of Fast Paced Lifestyle Habits will Emerge in Favor of Market Growth
The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years. The increasing adoption of a fast paced lifestyle, especially in the United States, has played a huge part in the growth of the regional market. Large scale companies such as Starbucks are constantly introducing newer variants as well as flavors in cold brew coffees and the massive popularity of Starbucks variants is evident. The presence of several large scale companies in this region will subsequently influence the growth of the regional market.
List of companies profiled in the report:
- Nestle S.A.
- HighBrewCoffee
- The Coca-Cola Company
- Starbucks
- Califia Farms
- JAB Holding Company
- Kohana Coffee
- RISE Brewing Co.
- Sleepy Owl
- Heartland Food Products Groups
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Industry Developments:
September 2019: Honest announced the launch of a new Cold Brew Coffee in three different flavors viz., Unsweet Black, Just a Tad Sweet Cubano, and Mocha.
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The global soy sauce market size is projected to reach USD 56.67 billion by the end of 2027.
The increasing demand for the product across the world will have a direct impact on the growth of the market in the coming years.
The use of soy sauce in several cuisines will fuel the demand for the product across the world.
According to a report published by Fortune Business Insights, titled "Soy Sauce Market Size, Share & Industry Analysis, By Process (Brewed and Blended), Type (Light Soy Sauce, Dark Soy Sauce, and Others), End-user (Processed Food, Food Services Sector, and Households), and Regional Forecast, 2020 – 2027," the market was worth USD 40.63 billion in 2019 and will exhibit a CAGR of 7.63% during the forecast period, 2020-2027.COVID-19 Impact Analysis:The emergence of COVID-19 has brought the world to a standstill.
We understand that this health crisis has brought an unprecedented impact on businesses across industries.
Rising support from governments and several companies can help in the fight against this highly contagious disease.
Individual Quick-Freezing Market size is forecast to reach $23.17 billion by 2025, growing at a CAGR of 6.0% during the forecast period 2020-2025.Increasing demand for the frozen food items along with the development and expansion of food retails chain are the major factors driving the growth of the market.
Growth in consumer demands for storage of perishable food and increase in demand for non-seasonal food products is set to further enhance the overall market demand of individual quick-freezing market during the forecast period 2020-2025.
It is sometimes chosen where space is limited or as a lower cost means of getting a new product to market quickly.
Individual quick freezing helps in the retention of food quality and extends the storage life of food whose water content is high in the retention of food quality.
Rising consumer demand for storage of perishable foods and increasing availability of non-seasonal food commodities is boosting the growth of the individual quick freezing market in the Europe region.Talk to one of our sales representative about the full report by providing your details in the link below:https://www.industryarc.com/support.php?id=504460Drivers – Individual Quick Freezing MarketIncreasing in demand for the frozen food itemsThe increase in the number of consumers for frozen food products across the globe has led to an increase interest among the manufacturers to provide frozen food items owing to extended shelf-life and quality.
Frozen food ensures non-seasonal year-round availability, minimizes wastage and is less likely to deteriorate in storage .It is less perishable than fresh or chilled food, and is easier to use.Challenges – Individual Quick Freezing MarketThe massive environmental concerns regarding greenhouse gas emissionsSome of the factors which can impede the growth of the individual quick freezing market is the massive environmental concerns regarding greenhouse gas emissions and the strict regulations associated with the food safety.Acquisitions/Product LaunchesIn May 2019, JBT Corporation, an American-based Food Processing Machinery Company has announced its acquisition with Proseal which is a UK-based tray sealing technology solutions provider.In July 2017, Octofrost Group, Sweden-based individual quick frozen freezer tunnels manufacturer has announced its acquisition with Innotec Systems, Dutch-based food processing machinery manufacturer.Key TakeawaysNorth America dominated the Individual Quick-Freezing Market in 2019 owing to the rising consumer preference towards frozen food products and the presence of key manufacturers of individual quick freezing equipment’s.
The global canned foods market size is projected to reach USD 100.92 billion by the end of 2027.
Increasing product demand availability at low costs will emerge in favor of market growth.
According to a report published by Fortune Business Insights, titled “Canned Food Market Size, Share & Industry Analysis, By Type (Canned Seafood, Canned Fruits and Vegetables, Canned Meat, and Others), Distribution Channel (Supermarkets/ Hypermarkets, Specialty Stores, and Online Retail), and Regional Forecast, 2020 – 2027,” the market was worth USD 91.90 in 2019 and will exhibit a CAGR of 1.30% during the forecast period, 2020-2027.Canned foods are widely consumed across the world, accounting to the adoption of fast paced lifestyles.
These foods have gained massive popularity in the past few decades.
The use of environment-friendly material for manufacturing of cans and can materials will aid the growth of the overall market in the coming years.
The availability of preserved foods and variations in these foods will emerge in favor of the companies operating in the market.
Global Stand up Pouches Market was valued US$ 36.58 Bn in 2017 and is estimated to reach US$ 64.35 Bn by 2026 at a CAGR of more than 7.32% during a forecast period.Global Stand-up Pouches Market is segmented by Type, by Form, by Closure Type, by Application, and by Region.Stand-up Pouches Market by type segment is classified into Aseptic, Standard, Retort and Hot-filled.
By form segment classified into Round Bottom, Roll stock, K-Style, Plow/Folded Bottom, Flat Bottom.
Geographically split into North America, Europe, Asia Pacific, Middle East Africa, and Latin America.Click Here to Get Sample Premium Report @ https://www.trendsmarketresearch.com/report/sample/11041Based on type segment aseptic segment is projected to retain its leading position through Aseptic stand-up pouches are gating popularity due to the demand for long shelf life and their high seal integrity.
The growing adoption of aseptic stand-up pouches in dairy-based and ready-to-drink beverages further boosts demand.
This is anticipated to be the fastest-growing segment during the forecast period as a result of the rising focus on the safety of food from contamination.Based on a form the round bottom segment is growing at the highest CAGR during the forecast period.
Due to the increasing use of round-bottom stand-up pouches for packaging lightweight products.Based on the closure type, the spout segment is expected to grow at the highest CAGR during the forecast period.
With the rise in Global Kids Sofa Market, the need for niche Market has grown by a staggering rate.
With Global Kids Sofa Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Global Kids Sofa Market across the globe.
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This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions.The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027, according to a current analysis by Emergen Research.
Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products.
Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.The latest report is furnished with a detailed examination of the Plastic Adhesives market and the global economic landscape ravaged by the ongoing COVID-19 pandemic.
Thus, the report encompasses the severe effects of the coronavirus pandemic on the Fiberglass Market and its key segments.This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions.
Import and export, demand and supply, gross margin, supply chain management and distribution channel are the other aspects examined during the research.
The study audits various winning strategies adopted by the market leaders to maintain the competitive edge worldwide.
