Food Archivi - market news

United States Vegan Food Market 2023 | Industry Growth, Statistics and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “United States Vegan Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the United States vegan food market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the United States vegan food market?

The United States vegan food market is projected to exhibit a growth rate (CAGR) of 12.27% during 2023-2028.

What is vegan food?

Vegan food refers to a category of food that excludes all animal products such as meat, dairy, and eggs. It relies solely on plant-based ingredients to provide essential nutrients, flavors, and textures. This food ranges from fruits, vegetables, grains, and legumes to more processed items like vegan meats, dairy-free cheeses, and plant-based milk. The market for vegan food is characterized by diverse product offerings that cater to various nutritional needs and taste preferences. In commercial settings, vegan food options are becoming commonplace, available in grocery stores, restaurants, and specialty shops, making it easier for consumers to make plant-based choices. As a result, vegan food is gaining immense traction across the United States and the world for its benefits to health, animal welfare, and the environment.

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What are the growth prospects and trends in the United States vegan food industry?

The United States vegan food market is primarily driven by the rising health consciousness among consumers, who perceive vegan diets as a way to combat lifestyle-related diseases like obesity, diabetes, and heart conditions. Additionally, ethical considerations, particularly concerning animal welfare and environmental sustainability, are encouraging more Americans to adopt veganism. In line with this, the rising inclination of the younger demographics, especially millennials and Generation Z, toward vegan diets is fueling the demand for innovative, convenient, and flavorful vegan options. Besides this, favorable government regulations and initiatives across the United States that promote sustainable food choices further propel the market growth. Moreover, technological advancements, such as the advent of plant-based proteins and lab-grown meats that closely mimic the taste and texture of animal products, are expected to catalyze market growth in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Insights:

Dairy Alternatives
- Cheese
- Desserts
- Snacks
- Others
Meat Substitutes
- Tofu
- Texturized Vegetable Protein (TVP)
- Seiten
- Quorn
- Others
Others

Source Insights:

Almond
Soy
Oats
Wheat
Others

Distribution Channel Insights:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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United States Stout Market 2023 | Industry Trends, Size and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “United States Stout Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the United States stout market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the United States stout market?

The United States stout market is projected to exhibit a growth rate (CAGR) of 3.80% during 2023-2028.

What is United States stout?

Stout, within the beverage industry, is a robust and dark beer variant known for its distinctive flavor profile and rich, deep color. It stands out as a beer category with characteristics encompassing its bold taste and velvety texture. Characterized by its darker malt ingredients, stout beer is often recognized for its chocolate, coffee, and roasted malt notes. This combination of flavors creates a unique and memorable experience for enthusiasts and newcomers alike. As a result, stout is gaining immense popularity across the United States.

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What are the growth prospects and trends in the United States stout industry?

The United States stout market is primarily driven by the growing appreciation for craft beers, which has propelled the stout segment to the forefront of consumer preferences. Moreover, the rise in demand for flavorful and artisanal beverages has spurred an upswing in microbreweries and craft beer establishments that specialize in producing high-quality stouts. In line with this, the versatile nature of stouts has led to innovative experimentation, resulting in variations like oatmeal stouts, imperial stouts, and milk stouts, each catering to specific taste preferences. Besides this, the concept of food and beer pairing has gained substantial traction, with stouts frequently finding a place on menus alongside hearty dishes and desserts. This symbiotic relationship between stouts and culinary experiences has contributed to the steady increase in their popularity. Additionally, as health-conscious consumers seek options with lower alcohol content, the emergence of session stouts has addressed this demand, allowing individuals to enjoy the distinctive flavors of stout without the higher alcoholic potency, thus fueling market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Distribution Channel Insights:

On-Trade
Off-Trade

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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United States Mushroom Market 2023 | Industry Trends, Growth and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “United States Mushroom Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the United States mushroom market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the United States mushroom market?

The United States mushroom market is projected to exhibit a growth rate (CAGR) of 9.40% during 2023-2028.

What is mushroom?

Mushrooms are a type of fungi characterized by their distinctive fruiting bodies, which consist of a stem and a cap. They belong to the fungal kingdom and have a wide range of species with various shapes, sizes, colors, and flavors. Mushrooms are known for their culinary, nutritional, and medicinal value. They can grow in diverse environments, including forests, grasslands, and even on decaying organic matter. In the context of the market, mushrooms have gained popularity as a versatile ingredient in various cuisines, as well as for their potential health benefits and applications in industries such as pharmaceuticals and nutraceuticals.

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What are the growth prospects and trends in the United States mushroom industry?

The United States Mushroom market is experiencing robust growth driven by the increasing consumer demand for healthy and plant-based food options. As consumers seek nutritious alternatives, mushrooms, rich in essential nutrients and antioxidants, have emerged as a favored ingredient in various culinary creations. This trend aligns with the growing emphasis on wellness and mindful eating, driving the expansion of the mushroom market. In addition, the rising awareness of the environmental impact of food production has prompted businesses to explore sustainable sourcing strategies. Mushrooms, known for their ability to thrive in various growing conditions, offer a sustainable option for agricultural practices. This aligns with the evolving corporate social responsibility initiatives of businesses, further enhancing the popularity of mushrooms as a viable crop. Additionally, the versatility of mushrooms extends beyond the culinary sphere. The pharmaceutical and nutraceutical industries are harnessing the potential of mushrooms for their medicinal properties as extracts from certain mushroom species have demonstrated immune-boosting and health-enhancing properties, leading to increased research and development in this domain. As businesses adapt to changing consumer preferences and capitalize on the multifaceted benefits of mushrooms, the United States Mushroom market is poised for sustained growth and innovation.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Mushroom Type:

Button Mushroom
Shiitake Mushroom
Oyster Mushroom
Others

Breakup by Form:

Fresh Mushroom
Canned Mushroom
Dried Mushroom
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Grocery Stores
Online Stores
Others

Breakup by End Use:

Food Processing Industry
Food Service Sector
Direct Consumption
Others

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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India Popcorn Market 2023 | Industry Size, Statistics, Share and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “India Popcorn Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the India popcorn market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the India popcorn market?

The India popcorn market is projected to exhibit a growth rate (CAGR) of 7.90% during 2023-2028.

What is popcorn?

Popcorn is a popular snack that originates from a special variety of maize kernels that have a hard outer shell and a starchy interior. When heated, the moisture inside the kernel turns into steam, creating pressure. As the pressure builds, the kernel eventually bursts open, revealing its fluffy and edible contents. This unique characteristic makes popcorn a delightful treat that is not only tasty but also visually appealing. Popcorn is commonly associated with leisure activities such as watching movies or attending events. Its versatility has led to various flavoring options, from classic butter and salt to more creative and gourmet variations. The consumption of popcorn has also extended beyond entertainment venues, making its way into the culinary world and even health-conscious markets due to its whole grain nature.

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What are the growth prospects and trends in the India popcorn industry?

The popcorn market in India one of the key drivers is the increasing popularity of ready-to-eat and convenience foods. As urbanization accelerates and lifestyles become busier, consumers are gravitating towards snacks that are quick and hassle-free, positioning popcorn as an ideal option. Additionally, health consciousness is another significant factor propelling the popcorn market’s expansion. As consumers seek healthier alternatives to traditional snacks, popcorn stands out due to its whole grain nature and lower calorie content compared to many other snack options. The inclusion of dietary fiber and antioxidants in popcorn has garnered attention from health-conscious individuals, contributing to its rising demand. Other than this, the growth of organized retail channels in India has provided popcorn brands with enhanced distribution and visibility. Supermarkets, hypermarkets, and online platforms offer a wide array of popcorn products, making them easily accessible to a broader consumer base. Moreover, flavor innovation and diversification have also played a pivotal role in the growth of the India popcorn market. Popcorn brands are continually introducing new and exciting flavors that cater to local taste preferences.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Microwave Popcorn
Ready-To-Eat Popcorn

Distribution Channel Insights:

On-Trade
Off-Trade

End Consumer Insights:

Households
Commercial

Breakup by Region:

North India
South India
East India
West India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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India Energy Drinks Market 2023 | Industry Trends, Size and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “India Energy Drinks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the India energy drinks market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the India energy drinks market?

The India energy drinks market is projected to exhibit a growth rate (CAGR) of 9.98% during 2023-2028.

What is energy drinks?

Energy drinks are beverages that are formulated to provide a temporary increase in energy, alertness, and mental focus. They typically contain a combination of ingredients such as caffeine, sugars, vitamins, amino acids, and herbal extracts. The primary aim of energy drinks is to combat feelings of fatigue and enhance cognitive and physical performance, especially during periods of increased activity or reduced alertness. Some energy drinks include amino acids like taurine and herbal extracts like ginseng or guarana that contribute to the energizing effects of the drink. They also come in a range of flavors and formulations, including carbonated and non-carbonated options. Additives like flavorings, preservatives, and colors are often included to enhance taste and appearance. As a result, energy drinks are commonly consumed to counteract physical and mental fatigue, improve alertness, and increase stamina, particularly during periods of prolonged wakefulness, late-night studying, or physically demanding activities.

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What are the growth prospects and trends in the India energy drinks industry?

The energy drinks market in India has experienced notable growth in recent years, driven by shifting consumer lifestyles, increased urbanization, and a growing emphasis on convenience and functional beverages. Energy drinks in India appeal to a diverse consumer base, including students, young professionals, athletes, and individuals seeking quick energy during busy schedules. The youth population, in particular, is a significant consumer segment driving the demand for energy drinks. In addition, rapid urbanization and changing lifestyles have contributed to the popularity of energy drinks. Urban areas, where lifestyles are more fast-paced and demanding, have become key markets for these beverages. Besides, the convenience factor plays a crucial role in the success of energy drinks. Their ready-to-drink format caters to consumers seeking quick energy solutions, especially during hectic workdays and late-night activities. Moreover, the growing interest in fitness, sports, and physical activities has driven the demand for products that can enhance performance and stamina, making energy drinks an attractive choice for athletes and fitness enthusiasts. Additionally, the increasing penetration of modern retail outlets, convenience stores, and e-commerce platforms has made energy drinks more accessible to consumers across various regions in India. Furthermore, manufacturers are introducing innovative formulations that include natural ingredients, adaptogens, and herbs to cater to health-conscious consumers who are looking for both energy and functional benefits. Apart from this, the corporate sector’s high-pressure environment has fueled the need for products that can combat fatigue and increase productivity, making energy drinks a popular choice among professionals, thus propelling the market growth in the country.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Alcoholic
Non-alcoholic

End User Insights:

Kids
Adults
Teenagers

Distribution Channel Insights:

Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online Stores
Others

Breakup by Region:

North India
South India
East India
West India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Durian Fruit Market 2023 | Industry Share, Growth, Size and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Durian Fruit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global durian fruit market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the durian fruit market?

The global durian fruit market size reached US$ 15.62 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.22 Billion by 2028, exhibiting a growth rate (CAGR) of 8.50% during 2023-2028.

What is durian fruit?

The durian fruit, often called the “king of fruits,” is a tropical delicacy known for its unique blend of strong aromatics and distinct flavor. Native to Southeast Asia, it is recognized for its spiky outer shell and large size. The edible flesh of the fruit is characterized by its creamy texture and a rich, complex taste that combines sweet and savory notes. However, the intense aroma of durian is polarizing, with some finding it appealing and others considering it unpleasant. Durian is often consumed fresh, and its popularity has led to various culinary creations such as ice cream, pastries, and even savory dishes. It is also known for its potential health benefits, containing essential nutrients such as vitamins, minerals, and dietary fiber. At present, the durian fruit is gaining immense traction across the globe as a cultural and culinary icon in numerous parts of Asia and other regions.

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What are the growth prospects and trends in the durian fruit industry?

The global durian fruit market is primarily driven by the rising product adoption by consumers seeking novel taste experiences due to its unique and distinct flavor profile. Moreover, the heightening awareness of its nutritional benefits, including being a rich source of vitamins, minerals, and fiber, has accelerated the adoption of durian as a health-conscious choice. Apart from this, the escalating popularity of durian in various culinary applications, such as desserts and ice creams, is positively influencing the market growth. Additionally, rapid globalization, which has facilitated the export and distribution of durian products across borders, has catalyzed market growth. Furthermore, the increasing expansion of e-commerce platforms that makes durian more accessible to a wider consumer base is contributing to market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

Frozen Pulp and Paste
Whole Fruit

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience and Specialty Stores
Online Stores

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Durian Harvests
Grand World International Co. Ltd.
Hernan Corporation
Interfresh Co Ltd
SunFresh Fruit Hub Sdn Bhd
Sunshine International Co. Ltd.
Thai Agri Foods Public Company Limited
TOP Fruits Sdn. Bhd.

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Europe Energy Drinks Market 2023 | Industry Share, Size and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Europe Energy Drinks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the Europe energy drinks market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Europe energy drinks market?

The Europe energy drinks market is projected to exhibit a growth rate (CAGR) of 3.80% during 2023-2028.

What is Europe energy drinks?

Energy drinks are beverages formulated to deliver a quick energy boost and heightened alertness. They often comprise elevated caffeine levels combined with sugars, vitamins, amino acids, and herbal extracts. These drinks aim to provide a short-term surge in vitality and mental acuity and typically targets individuals seeking to counter fatigue and enhance cognitive performance. Moreover, the high sugar content can contribute to weight gain and dental issues. Many health experts stress moderation and advocate for avoiding energy drinks altogether, especially among adolescents and those sensitive to caffeine. Staying informed about the ingredients and their effects can help individuals make conscious decisions regarding energy drink consumption. At present, energy drinks are gaining immense traction across Europe due to the increasing demand for quick energy solutions, changing consumer lifestyles, and strategic marketing campaigns.

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What are the growth prospects and trends in the Europe energy drinks industry?

The Europe energy drinks market is primarily driven by the rising prevalence of busy lifestyles, increasing work demands, and a desire for quick energy boost. Besides this, rapid urbanization and changing consumer habits, including the emerging trend of on-the-go consumption, are positively influencing the market growth. Apart from this, evolving youthful demographics and the growing influence of sports and fitness trends have accelerated the adoption of energy drinks among younger generations. Additionally, the shifting trend toward healthier lifestyles and wellness consciousness among individuals has catalyzed the market growth. Furthermore, the escalating consumption of energy drinks among the tech-savvy younger population owing to the rise of e-sports and gaming culture is contributing to the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Alcoholic
Non-alcoholic

End User Insights:

Kids
Adults
Teenagers

Distribution Channel Insights:

Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online Stores
Others

Country Insights:

Germany
France
United Kingdom
Italy
Spain
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Bouillon and Stock Cubes Market 2023 | Industry Growth, Size and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Bouillon and Stock Cubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global bouillon and stock cubes market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the bouillon and stock cubes market?

The global bouillon and stock cubes market size reached US$ 9.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.20% during 2023-2028.

What is bouillon and stock cubes?

Bouillon and stock cubes are concentrated flavoring products widely used in cooking to enhance the taste of various dishes. These cubes are composed of a blend of seasonings, herbs, and aromatics that are compressed into small, easily dissolvable cubes. They are designed to add depth and richness to broths, soups, sauces, and a variety of recipes. They also provide a convenient and efficient way to infuse dishes with savory flavors, making them a staple in both home kitchens and professional culinary settings. Moreover, they eliminate the need for lengthy simmering or reduction processes to develop robust flavors in recipes. Additionally, bouillon and stock cubes contribute to consistent flavor profiles across various dishes, ensuring a reliable culinary experience.

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What are the growth prospects and trends in the bouillon and stock cubes industry?

The global bouillon and stock cubes market is experiencing a robust upswing driven by several key factors. The evolving preferences of consumers toward convenient and gourmet dining experiences have generated an escalating demand for bouillon and stock cubes. These versatile flavor enhancers offer an effortless way for both home cooks and professional chefs to infuse an array of dishes with nuanced taste profiles, aligning seamlessly with the contemporary culinary zeitgeist. Moreover, the growing consciousness surrounding health and wellness has spurred the market, with manufacturers responding by offering a diverse spectrum of bouillon and stock cubes that cater to specific dietary requirements. This health-conscious approach resonates with consumers seeking flavor enhancements without compromising on nutritional integrity. Furthermore, globalization has led to an increased awareness and appreciation of diverse cuisines. Bouillon and Stock Cubes play a pivotal role in enabling the replication of authentic international flavors. With different cuisines gaining popularity worldwide, the demand for bouillon and stock cubes that capture the essence of these regional tastes is driving the market’s expansion.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

Vegetable
Fish
Meat
Poultry
Beef
Others

Form Insights:

Cubes
Liquid
Powder
Granules
Others

Distribution Channel Insights:

Supermarket and Hypermarket
Independent Grocery Stores
Online Retail
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Anhui Qiangwang Flavouring Food Co. Ltd.
Edwards & Sons Trading Company Inc.
Golden Bird Food Industries
Goya Foods Inc.
Hormel Foods Corporation
Hügli Holding AG (Bell Food Group AG)
Imana Foods (Pty) Ltd.
Massel Australia Pty. Ltd.
Morga AG
Proliver
Rapunzel Naturkost GmbH
The Kroger Co.
Unilever plc

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Arak Market 2023 | Industry Size, Trends, Share and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Arak Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global arak market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the arak market?

The global arak market size reached US$ 15.05 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.49 Billion by 2028, exhibiting a growth rate (CAGR) of 3.47% during 2023-2028.

What is arak?

Arak is a traditional distilled alcoholic beverage that holds significant cultural and historical importance in certain regions. It is commonly consumed in countries like Lebanon, Syria, Jordan, and parts of the Mediterranean. The drink is produced by fermenting grapes, dates, or other fruits, followed by a process of double-distillation, resulting in a clear, colorless liquid with a strong alcoholic content, typically ranging from 40% to 63% alcohol by volume (ABV). With a rich heritage dating back centuries, Arak has been an integral part of social gatherings and traditional celebrations, symbolizing the essence of regional hospitality. It is often served during meals to complement various cuisines, adding to the overall dining experience. The preparation and consumption of Arak also carry cultural significance, with special rituals observed during serving, such as diluting the spirit with water, which leads to its distinctive milky-white appearance.

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What are the growth prospects and trends in the arak industry?

Arak holds deep cultural and historical significance in regions like the Middle East and the Mediterranean, where it has been an integral part of social and culinary traditions for centuries. Its association with cultural rituals and customs contributes to its continued consumption and demand, both domestically and internationally. Additionally, the growing interest in unique and authentic spirits among consumers has paved the way for Arak’s acceptance beyond its traditional markets. Discerning consumers seeking novel drinking experiences are attracted to Arak’s distinct anise flavor, craftsmanship, and the captivating louche appearance when diluted with water. Other than this, arak’s versatility as a base spirit in mixology has gained attention from bartenders and cocktail enthusiasts worldwide. The anise notes of Arak blend well with other ingredients, enabling the creation of innovative and enticing cocktails, further broadening its consumer base. Besides this, tourists exploring the Middle East and Mediterranean regions often seek authentic cultural experiences, and trying local beverages like Arak becomes an integral part of their journey. This tourism-driven demand acts as a catalyst for Arak’s growth in popular travel destinations. In line with this, the global trend of premiumization in the alcoholic beverage industry has extended to traditional spirits like Arak. Craft distillers and premium brands have emerged, offering high-quality Arak variants that appeal to discerning consumers willing to pay a premium for unique and superior products. Furthermore, the efforts of Arak manufacturers to market and promote their products have significantly contributed to the market. Collaborative initiatives with influencers, creative advertising campaigns, and participation in international beverage expos have increased Arak’s visibility and accessibility in new markets. Not only this, but changing consumer preferences and drinking habits, particularly among the millennial and Gen Z demographics, have led to an increasing interest in exploring diverse alcoholic beverages beyond mainstream offerings. Arak’s authentic heritage and distinct taste align with the demand for artisanal and culturally rich experiences. Moreover, government support and initiatives to promote local products and cultural heritage have opened avenues for Arak producers to expand their presence in the global market. International trade agreements and export opportunities have facilitated the distribution of Arak to new territories.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Source:

Grapes
Aniseed
Others

Breakup by Distribution Channels:

Retail Stores
Bars and Pubs
Online Stores
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Chateau Ksara
Dominae des Tourelles
Haddad Distilleries
Kawar Arak
Lebanese Arak Corporation
Lebanese Fine Wines
LibanonWeine
Zumot Distilleries

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Salmon Sausage Market 2023 | Industry Trends, Size and Forecast 2028

According to the latest report by IMARC Group, titled, “Salmon Sausage Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global salmon sausage market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the salmon sausage market?

Report Attributes	Details
Market Size in 2022	US$ 3.98 Billion
Market Forecast in 2028	US$ 4.89 Billion
Growth rate (2023 to 2028)	CAGR of 3.4%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is salmon sausage?

Salmon sausage represents seafood that is made of sustainably sourced wild salmon. It is a popular silver-colored fish species that belongs to the family of Salmonidae. Salmon acts as a rich source of essential nutrients, such as vitamins, zinc, iron, protein, calcium, iodine, astaxanthin, potassium, omega-3 fatty acids, etc. It helps in regulating blood sugar levels, reducing inflammation, improving cell functioning, promoting heart health, boosting immunity, alleviating the symptoms of rheumatoid arthritis, etc. Salmon sausage is either pan-fried, barbequed, or baked. In recent times, salmon sausage has gained extensive immense traction as an instant and ready-to-cook snack among consumers, as it offers easy consumption, quick preparation, prolonged shelf life, etc.

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What are the growth prospects and trends in the salmon sausage industry?

The growing demand for nutritious and delicious food and beverages, on account of the inflating consumer health consciousness, is primarily driving the salmon sausage market. Additionally, the widespread adoption of processed and packaged seafood products, owing to their excellent shelf stability, ready-to-eat nature, ability to fulfill the daily nutritional requirements of the human body, etc., is further bolstering the market growth. Besides this, the increasing usage of salmon sausages in the preparation of burgers, tartar sauce, pasta, spaghetti, salads, patties, and other meals as part of their regular diets to boost their daily nutrient intake is acting as another significant growth-inducing factor. Moreover, the introduction of frozen, smoked, and canned salmon sausages that are easily available in sustainable and attractive packaging is also positively influencing the global market. Apart from this, the emerging trend of healthy snacking is anticipated to fuel the salmon sausage market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Salmon Type Insights:

Atlantic Salmon
Pink Salmon
Sockeye Salmon
Chum Salmon
Coho Salmon
Chinook Salmon

Sausage Type Insights:

Cooked Sausage
Smoked Sausage
Fresh Sausage
Dry Sausage
Others

End User Insights:

Household Use
Restaurants

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Salmon’s Meat Products Inc.
Shuckman’s Fish Co.
Smokery
The Kroger Co, etc.

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