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The U.S. cheese market size is anticipated to hit USD 55.95 billion by 2029 and exhibit a CAGR of 4.64% during the forecast period. The evolving dietary consumption patterns across developing and developed countries due to improving income levels and urbanization are anticipated to amplify the demand for cheese, thereby boosting the market’s growth. Fortune Business InsightsTM has presented this information in its report titled, “U.S. Cheese Market, 2022-2029”. The market size stood at USD 38.98 billion in 2021 and USD 40.73 billion in 2022. Furthermore, the rising consumer demand for convenience and nutritious food products is projected to bolster the market growth.

List of Key U.S. Cheese Market Players-

Lactalis International (France)
The Kraft Heinz Company (U.S.)
Glanbia Plc (Ireland)
Arla Foods amba (Denmark)
Dairy Farmers of America, Inc. (U.S.)
Saputo, Inc. (Canada)
Land O’ Lakes (U.S.)
Hilmar Cheese Company, Inc. (U.S.)
Royal FrieslandCampina N.V. (Netherlands)
Fonterra Co-operative Group Limited (New Zealand)
Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessins....ights.com/u-s-cheese

Segmentation-
On the basis of type, the market is bifurcated into processed and natural cheese. On the basis of form, the market is divided into spreadable, block, and others. On the basis of product type, the market is classified into Feta, Munster, Ricotta, Parmesan/Parmigiano-Reggiano, Stilton, Roquefort, Mozzarella, Cheddar, and others.

Report Coverage-

It highlights comprehensive information on the latest industry developments.
It includes an assessment of the COVID-19 pandemic’s impact on the market.
It incorporates Porters’ Five Forces Analysis for precise market prediction.
It profiles the various key players operating in the market.
It highlights the various restraints and drivers of the market’s growth.
Report Scope & Segmentation

Drivers & Restraints-

Evolving Consumer Dietary Preference to Fuel Market Growth

Cheese is widely utilized as an ingredient in various food products, including pizza, sandwiches, and others. The growing popularity of these food products has propelled the demand for cheese in the U.S. The dietary consumption patterns across developing and developed countries are evolving due to rising disposable income levels and urbanization. The growing trend of incorporating natural and organic food products is expected to boost the demand for chemical-free cheese products. These factors are anticipated to amplify the demand for cheese, thereby boosting the U.S. cheese market growth.
However, health problems caused by overconsumption of cheese may restrain the market’s expansion during the forecast period.

Competitive Landscape-

Major Players Launch New Offerings to Garner Higher Sales

The fairly fragmented U.S. cheese market comprises minor and major cheese companies. The cutthroat competition has increased the acquisitions of smaller firms in the past recent years. The major market players possess robust distribution networks and focus on the launch of innovative and unique cheese products to garner growth and enlarge their geographical outreach. Additionally, many players are heavily investing in product line expansions to bolster their sales and revenues. For instance, In May 2021, Laura Kelly, Kansas Governor, and Hilmar Cheese Company Inc. made an announcement about constructing a new avant-garde whey protein and cheese processing plant in Dodge City, Kansas.

Key Industry Development-

October 2020: MWC, the joint venture between Dairy Farmers of America Inc., Select Milk Producers Inc., and Glanbia Nutritionals, became operational after obtaining milk from local farmers.

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The global soup market Size reports further observe that the market was worth $16.12 billion in 2019. Soup is a type of liquid food that is typically served warm or hot that includes combination of several vegetables or meat along with added water. It is believed that this liquid food is one of the oldest cooking food products. The oldest soup dates back to over 20,000 BC and since then has evolved in terms of ingredients and taste. The global soup market size is expected to foresee significant growth by exhibiting a CAGR of 2.79% between 2020 and 2027. Factors such as increasing demand for convenience food products and rapid urbanization is anticipated to propel the market to reach $21.0 billion by 2027

Furthermore, it is savored during the frosty winter days as it provides warmth along with health benefits. A warm vegetable broth brings in refreshing experience at any given time of the day. Moreover, it can be prepared quickly, does not require long preparation hours, and thereby satisfies the hunger pangs instantly.10 Companies Operating in the Global Soup Market:

The Campbell Soup Company
Nestlé S.A
Baxters Food Group Limited
General Mills, Inc
Conagra Brands, Inc.
Premier Foods Group Limited
The Kraft Heinz Company
Hindustan Unilever Limited
Ottogi Co., Ltd
Associated British Foods plc

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessins....ights.com/soup-marke

Segmentation:

Instant Soup that Held 36.78% Market Share to Exhibit Exponential Growth

The segment Instant Soup (By Type) is likely to witness massive market in the forthcoming years. Additionally, it held a market share of about 36.78% in 2019 and is expected to grow gradually owing to increasing preference for ready-to-eat snack among consumers.

On the other hand, canned soup is anticipated to hold the second-most leading share for the market backed by large-scale penetration of the product in developed regions. For instance, countries such as the U.S. and GermBrowse In-depth Summary of This Research Insight:any usually prefer canned soups to chilled and dehydrated soups.

Drivers and Restraints:

Increasing Consumption of Convenience Foods to Aid Growth

Increasing density of population and high disposable income is driving the demand for convenience food products across the globe. The people owing to hectic work life prefer several food products that are ready-to-eat and can be consumed instantly. Additionally, increasing number of women working population is anticipated to bolster the growth of the market in the forthcoming years.

Furthermore, the manufacturers are innovating their products to cater to the increasing demand of the consumers. Moreover, growing demand for packaged food products among developed and developing economies will bode well for the growth of the market. For instance, according to the Canada Agri-food report, China registered a total sales value of USD 272, 741 Million in 2019 and is further anticipated to grow at a rate of 7%.

Regional Analysis:

Large Consumer Base in Europe to Promote Growth

Among the regions, Europe is expected to remain at the forefront and register highest global soup market revenue during the projected horizon. In addition to this, Europe was worth USD 6.07 Billion in 2019 and is likely to grow significantly. This is ascribable to factors such as presence of large consumer base and high demand for processed foods in the region. North America, on the other hand, is anticipated to be the second-most leading region in the forthcoming years. This is attributable to factors such as large consumer base that prefers instant food products.

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The global green coffee market size was valued at USD 34.03 billion in 2020. The market value is estimated to increase from USD 35.40 billion in 2021 to USD 47.22 billion by 2028 with a CAGR of 4.20% during the forecast period. The market is gaining momentum from the rising consumer awareness of various health benefits of the product among consumers. The product is also gaining popularity in nutraceutical products and dietary supplements. Fortune Business Insights presents this information in its report titled “Green Coffee Market, 2021-2028."

Green coffee has gained tremendous popularity across the world over the past few years. Its demand is increasing due to growing consumer inclination towards functional foods & beverages and plant-based dietary supplements. Specialty coffee varieties such as green coffee beans are attracting an enormous consumer base worldwide. With increased disposable incomes, consumers are increasingly spending on premium-quality food & beverage products. These factors will work in favor of the market expansion during the forecast timeline.

List of Key Players Profiled in the Report:

The Hamburg Coffee Company (Germany)
Neumann Kaffee Gruppe (Germany)
Merchants of Green Coffee (U.S.)
Belco S.A. (France)
Starbucks Corporation (U.S.)
Nordic Approach S.A. (Norway)
Golden Bean Trade (Brazil)
Atlantica Coffee (Brazil)
Group MAGNUS BRAZIL-The Green Coffee Brazil (Brazil)
WS Cafe (Vietnam)

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessins....ights.com/green-coff

Segments:

Based on type, the market is bifurcated into Arabica and Robusta.

On the basis of end product, the market is divided into roasted coffee, green coffee bean extract, and instant/soluble coffee.

Geographically, the market is split into North America, South America, Asia Pacific, Europe, and the Middle East & Africa.

Report Coverage-

The report offers:

Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
Drivers & Restraints:

Growing Use in Nutraceuticals & Dietary Supplements to Boost Market Growth

The green coffee market growth is primarily driven by the increasing awareness towards the various health benefits of the product among consumers. Green coffee beans are a major source of chlorogenic acid, which is an antioxidant that can be absorbed in the body readily. High antioxidant content has thus increased the product popularity significantly. Studies have also shown that the beverage can aid weight loss. This factor is driving its adoption among obese and overweight individuals.

Attributed to the aforementioned health benefits, green coffee is being increasingly used in nutraceutical products and dietary supplements. Increased focus over healthy and immunity will thus help the market proliferate over the projected timeframe.

However, price volatility of green coffee beans could hamper the market growth to some extent.

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The global canned meat market Future was USD 30.85 billion in 2020. The market is projected to grow from USD 32.04 billion in 2021 to USD 42.75 billion by 2028 at a CAGR of 4.21% during the analysis period (2021-2028). This information is provided by Fortune Business Insights™, in its report titled, “Canned Meat Market, 2021-2028.”

According to our researchers, individual households and customers living a busier routine, bend toward ready-to-eat food products for consumption, involving canned meat. Therefore, the accessibility and rise in demand for protein-rich foods are expected to support the global canned meat market growth.

Browse Complete Report Summary:

https://www.fortunebusinessins....ights.com/canned-mea

List of Key Players Covered in the Report

Hormel Foods Corporation (U.S.)
Bolton Group (Italy)
Bumble Bee Foods, LLC. (U.S.)
Crown Prince, Inc. (U.S.)
Danish Crown Foods (Denmark)
Ayam Sarl (Singapore)
JBS (U.S.)
Wild Planet Foods (U.S.)
American Tuna Inc. (U.S.)
Survivalcavefood (U.S.)
Segments

Type, Distribution Channel, and Region are Studied

On the basis of type, the market is segregated into beef, pork, poultry, and others. The beef segment dominates the market on the account of major product consumption in the majority of countries.

Based on distribution channel, the global market is classified into supermarkets/hypermarkets, specialty stores, online channels, and others.

In terms of geography, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage

We prepare our reports based on an extensive survey and review method, which primarily focuses on providing accurate information. Our experts have applied a data navigation technique that helps us to present dependable predictions and examine the global market dynamics precisely. Further, our researchers have gained admittance to various international as well as domestic sponsored catalogs and records to provide up-to-date information. This will aid the stakeholders and business owners to capitalize only in the essential areas.

Driving Factors

Growing Demand for Convenient Food Products to Spur Growth

Canned meat offers the suitability of ingesting food items without the need to cook or defrost them. These products are effortless to manage and thus are apt for people who lead a busier routine. Also, for people with budgetary restraints, it empowered them to store energy and stockpile the products on shelves for an extended period. Hence, the simplicity in consuming products with greater nutritional value and prompt delivery is the prime aspect contributing to the rising demand for these products.

Regional Insights

North America presently holds the majority canned meat market share, and the region is estimated to lead the market during the forecast period.

Surging demand among consumers for processed food products with a greater shelf life is boosting the demand for the product in Europe. France, Germany, and the U.K. are displaying high demand for such products.

Customers in Asia Pacific lean toward consuming fresh food products such as fresh meat over canned meat products.

Competitive Landscape

Inventive Product Launch Declarations by Vital Players to Spur Market Growth

The fundamental players embrace numerous tactics to bolster their position in the market as dominating companies. One such pivotal tactic is procuring companies to boost the brand value among users. Another effective stratagem is intermittently presenting groundbreaking products with a detailed examination of the market and its target audience.

Industry Development

March 2020: JBS, a meat processor based in Brazil, declared an investment to update its production equipment for creating meat products. The USD 2.5 million investment is intended to multiply the production competency for meat products.

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The global insect protein market size is anticipated to hit USD 856.08 million by 2029 and exhibit a CAGR of 24.1% during the forecast period. The rising demand for alternate protein, increasing urbanization, and other factors are expected to propel the market growth. Fortune Business InsightsTM has presented this information in its report titled, “Insect Protein Market, 2022-2029”. The market size stood at USD 153.92 million in 2021 and USD 189.32 million in 2022.

Additionally, the growing popularity of plant-based meats and on-the-go protein snacks is likely to be a key trend boosting the market growth during the forecast period.

COVID-19 Impact-

Disruption of Supply Chain of Insect Protein amid COVID-19 to Hinder Growth

The market has witnessed severe supply chain disruptions, which negatively impacted the market growth. Labor shortage and temporary shutdowns of production facilities have affected the market growth. Moreover, the high rejection of insect originated proteins has resulted in diminished market growth. Nonetheless, the market is expected to recover from the impact and exhibit monumental growth in the coming years.

Segments-

On the basis of product type, the market is segmented into orthopetra, hymenopetra, lepidopetra, coleoptera, and others. On the basis of application, the market is trifurcated into pharmaceuticals & cosmetics, animal feed, and food & beverages. Geographically, the market is classified into South America, Europe, North America, the Middle East & Africa, and Asia Pacific.

List of Key Market Players-

Aspire Food Group (Canada)
Ynsect NL Nutrition & Health B.V. (Netherlands)
EntomoFarms (Canada)
Chapul Cricket Protein (U.S.)
Jimini’s (France)
EnviroFlight LLC (U.S.)
Swarm Nutrition GmbH (Germany)
AgriProtein Holdings Ltd (England)
Next Protein Inc. (France)
Innovafeed (France)
Browse Summary Reports:

https://www.fortunebusinessins....ights.com/industry-r

Report Coverage-

It includes key market developments and information on different market segments.
It assesses the COVID-19 pandemic’s impact on the market.
It incorporates Porters’ Five Forces Analysis for precise prediction.
It assimilates key market drivers and restraints.
It profiles the rankings of key market players accordingly.
Drivers & Restraints-

Rising Demand for Alternate Protein to Fuel Market Growth

Insects contain more proteins over animals and plants, and are less costly in rearing. They are now widely demanded across several industries in applications such as aquafeed, nutraceuticals, pet food, medicines, beverages, and others. The growing applications of insect protein and their high protein content are likely to bolster the insect protein market growth.

Food technology innovations, urbanization, dynamically evolving consumer tastes and preferences, and others are also expected to foster the market growth. The rising demand for alternate proteins is likely to stimulate the market growth.

However, high product costs due to expensive production may restrain the market’s growth.

Regional Insights-

Europe to Dominate Global Market Due to Wide Use of Insect Protein

Europe is estimated to hold the largest insect protein market share. The rising importance of fiber-fortified products across Germany and the U.K. and wide utilization of the protein in food applications across middle-age and old-age consumers are expected to fortify the region’s market growth.

Asia Pacific is anticipated to exhibit rapid growth due to the rising domestic demand for the protein. China is expected to dominate the growth in Asia Pacific due to abundantly available raw materials. Moreover, the expanding food & beverage and pharmaceutical industries in South Korea, India, China, Indonesia, and Malaysia are expected to magnify growth in Asia Pacific.

Competitive Landscape-

Key Players Adopt Innovative Strategies to Acquire Growth

The market is competitive due to the presence of various small-scale and large-scale manufacturers. EntomoFrams, Jimini’s, EnviroFlight LLC, Aspire Food Group, Protix, Innovafeed, Hexafly, and Swarm Nutrition GmbH are amongst the top market players. The major market players emphasize production capacity expansion to cater to the growing demand and facilitate business expansion. They also adopt acquisitions, collaborations, mergers, and others to strengthen their expansions. For instance, Ÿnsect acquired Protifarm in April 2021.

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