• Halal Food and Beverages Market Demands, Regional Analysis and Forecast to 2028

    The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028.

    Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years.

    Commotion in Supply Chain to Hinder Market Growth amid COVID-19 Crisis

    The preliminary months of the COVID-19 pandemic had disturbed all stages in the supply chain cycle of the halal food and beverage industry. The prominent manufacturers in Islamic and non-Islamic nations registered a decline in the workforce which considerably impacted the production ability. Additionally, the strike in demand for retail products such as pre-cooked and ready-to-eat meat products too adversely influenced the industry.

    The affirmative progression in the customer's preferences for halal products owing to their welfare and superiority is estimated to drive the halal food and beverages market growth in the foreseeable future.

    Drivers and Restraints

    Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth

    Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population.

    Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years.

    Regional Insights

    Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh.

    The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues.

    Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products.

    Competitive Landscape

    The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186
    Halal Food and Beverages Market Demands, Regional Analysis and Forecast to 2028 The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028. Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years. Commotion in Supply Chain to Hinder Market Growth amid COVID-19 Crisis The preliminary months of the COVID-19 pandemic had disturbed all stages in the supply chain cycle of the halal food and beverage industry. The prominent manufacturers in Islamic and non-Islamic nations registered a decline in the workforce which considerably impacted the production ability. Additionally, the strike in demand for retail products such as pre-cooked and ready-to-eat meat products too adversely influenced the industry. The affirmative progression in the customer's preferences for halal products owing to their welfare and superiority is estimated to drive the halal food and beverages market growth in the foreseeable future. Drivers and Restraints Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population. Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years. Regional Insights Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh. The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues. Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products. Competitive Landscape The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Halal Food and Beverages Market Size, Growth | Report [2028]
    The global halal food and beverages market is projected to grow from $2.09 trillion in 2021 to $3.27 trillion by 2028, exhibiting a CAGR of 6.56%
    0 Comments 0 Shares
  • Functional Foods Market Share, Trend, Industry News, Growth, Top Key Players Updates and Forecast to 2028

    According to a research report published by Fortune Business Insights™,the global functional foods and beverages market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020.

    Highlights of the Report

    This market report supplies tangible insights into the regional prospects of the market and presents an exhaustive analysis of the market drivers and challenges. Furthermore, the report contains detailed profiling of key market players and careful study of their strategies and incorporates industry-leading, actionable research into the different market segments.

    Driving Factor

    The proliferation of Food & Beverage Startups to Elevate Market Potential

    The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives.

    For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory.

    Regional Insights

    Asia Pacific to Present Excellent Business Opportunities for Market Players

    Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China.

    Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028.

    In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market.

    Key Market Segmentation

    On the basis of type, the market has been classified into functional cereals & grains, functional dairy products, functional bakery products, functional fats & oils, and other functional/fortified foods.

    Based on the distribution channel, this market has been grouped into supermarkets/hypermarkets, convenience stores, online retail, and others. In 2020, the supermarkets/hypermarkets segment led the global functional foods and drinks market with a share of 44.21% and the US market with a share of 43.06%.

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

    Competitive Landscape

    Introduction of Novel Products in Emerging Economies to Electrify the Market

    Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base.

    Key Industry Development:

    December 2020: Nestle launched a milk product in China for adults, comprising ingredients that are meant to boost joint functionality, muscle strength, and bone health. Developed under its YIYANG Active brand, the company’s unique powdered beverage is its maiden product to fetch functional food approval in China.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/functional-foods-market-102269
    Functional Foods Market Share, Trend, Industry News, Growth, Top Key Players Updates and Forecast to 2028 According to a research report published by Fortune Business Insights™,the global functional foods and beverages market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020. Highlights of the Report This market report supplies tangible insights into the regional prospects of the market and presents an exhaustive analysis of the market drivers and challenges. Furthermore, the report contains detailed profiling of key market players and careful study of their strategies and incorporates industry-leading, actionable research into the different market segments. Driving Factor The proliferation of Food & Beverage Startups to Elevate Market Potential The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives. For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory. Regional Insights Asia Pacific to Present Excellent Business Opportunities for Market Players Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China. Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028. In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market. Key Market Segmentation On the basis of type, the market has been classified into functional cereals & grains, functional dairy products, functional bakery products, functional fats & oils, and other functional/fortified foods. Based on the distribution channel, this market has been grouped into supermarkets/hypermarkets, convenience stores, online retail, and others. In 2020, the supermarkets/hypermarkets segment led the global functional foods and drinks market with a share of 44.21% and the US market with a share of 43.06%. By geography, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Competitive Landscape Introduction of Novel Products in Emerging Economies to Electrify the Market Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base. Key Industry Development: December 2020: Nestle launched a milk product in China for adults, comprising ingredients that are meant to boost joint functionality, muscle strength, and bone health. Developed under its YIYANG Active brand, the company’s unique powdered beverage is its maiden product to fetch functional food approval in China. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/functional-foods-market-102269
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Functional Food and Beverage Market Size | Global Report, 2028
    The global functional food and beverage market is projected to grow from $281.14 billion in 2021 to $529.66 billion in 2028 at a CAGR of 9.5%
    0 Comments 0 Shares
  • Coated Fabric Market 2022 Status and Industry Outlook,: Current and Future Industry New Trends, Growth Factors, Scope
    The global coated fabric market size is likely to gain impetus from their rising utilization in producing military wear and protective clothing worldwide. Besides, the ongoing number of construction projects owing to the increasing investments in chemical, oil and gas, in The report further states that the coated fabric market size stood at USD 34.89 billion in 2018. It is anticipated to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period.

    Drivers & Restraints:

    Increasing Automotive Production to Propel Growth

    Coated fabrics are majorly used in vehicles to improve the feel and appearance of their interior. Varnish or oil finishes, plastics, lacquer, rubber, PVC, and resins are some of the materials that are extensively used to process or coat fabric. Automotive coated fabric is oil-repellent, rot-proof, UV resistant, water resistant, and anti-corrosive. Nowadays, numerous automotive manufacturers are using OMNAVA coated fabric upholsteries to enhance a vehicle’s performance, provide impressive design, excellent touch, durable performance, low emissions, and environmental features. OMNOVA delivers auto OEMs superior quality fabric. Overall, increasing production of automotive and rising per capita income are set to augment the coated fabrics market growth in the coming years. However, fluctuations in the prices of raw materials may hinder the market growth.


    Segmentation:

    Government Rules Regarding Vehicle Safety to Favor Growth of Transportation Segment

    Based on application, the market is fragmented into industrial, furniture, transportation, protective clothing, and others. Out of these, the transportation segment is projected to generate the largest coated fabrics market share during the forthcoming period fueled by the ongoing development in rail and road transportation, as well as surging sales of automobiles. These products are used the most in the automotive sector for making interiors, air bags, seats, roofing, and seat belts. Above that, the governments of several countries are putting forward various strict norms and regulations regarding vehicle safety and security. It is, in turn, aiding the manufacturers in installing air bags in every vehicle. Also, high demand for passenger and commercial vehicles would spur growth of this segment. The protective clothing segment held a share of 18.70% in 2018.

    Regional Analysis:

    Asia Pacific to Lead Backed by Growth of Construction Industry

    In terms ofregion, the market is classified into Latin America, North America, the Middle East and Africa, Europe, and Asia Pacific. Amongst these, in 2018, North America procured USD 7.3 billioncoated fabrics market revenue. This growth is attributable to the upsurging demand for protective clothingfrom chemical and pharmaceutical industries. Apart from that, the FDA has imposed strict rules and regulations. In Canada and the U.S., increasing usage of protective clothing and industrial machinery applications has given rise to rapid industrialization.

    Information source:

    https://www.fortunebusinessinsights.com/coated-fabric-market-102546
    Coated Fabric Market 2022 Status and Industry Outlook,: Current and Future Industry New Trends, Growth Factors, Scope The global coated fabric market size is likely to gain impetus from their rising utilization in producing military wear and protective clothing worldwide. Besides, the ongoing number of construction projects owing to the increasing investments in chemical, oil and gas, in The report further states that the coated fabric market size stood at USD 34.89 billion in 2018. It is anticipated to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period. Drivers & Restraints: Increasing Automotive Production to Propel Growth Coated fabrics are majorly used in vehicles to improve the feel and appearance of their interior. Varnish or oil finishes, plastics, lacquer, rubber, PVC, and resins are some of the materials that are extensively used to process or coat fabric. Automotive coated fabric is oil-repellent, rot-proof, UV resistant, water resistant, and anti-corrosive. Nowadays, numerous automotive manufacturers are using OMNAVA coated fabric upholsteries to enhance a vehicle’s performance, provide impressive design, excellent touch, durable performance, low emissions, and environmental features. OMNOVA delivers auto OEMs superior quality fabric. Overall, increasing production of automotive and rising per capita income are set to augment the coated fabrics market growth in the coming years. However, fluctuations in the prices of raw materials may hinder the market growth. Segmentation: Government Rules Regarding Vehicle Safety to Favor Growth of Transportation Segment Based on application, the market is fragmented into industrial, furniture, transportation, protective clothing, and others. Out of these, the transportation segment is projected to generate the largest coated fabrics market share during the forthcoming period fueled by the ongoing development in rail and road transportation, as well as surging sales of automobiles. These products are used the most in the automotive sector for making interiors, air bags, seats, roofing, and seat belts. Above that, the governments of several countries are putting forward various strict norms and regulations regarding vehicle safety and security. It is, in turn, aiding the manufacturers in installing air bags in every vehicle. Also, high demand for passenger and commercial vehicles would spur growth of this segment. The protective clothing segment held a share of 18.70% in 2018. Regional Analysis: Asia Pacific to Lead Backed by Growth of Construction Industry In terms ofregion, the market is classified into Latin America, North America, the Middle East and Africa, Europe, and Asia Pacific. Amongst these, in 2018, North America procured USD 7.3 billioncoated fabrics market revenue. This growth is attributable to the upsurging demand for protective clothingfrom chemical and pharmaceutical industries. Apart from that, the FDA has imposed strict rules and regulations. In Canada and the U.S., increasing usage of protective clothing and industrial machinery applications has given rise to rapid industrialization. Information source: https://www.fortunebusinessinsights.com/coated-fabric-market-102546
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Coated Fabric Market Size, Share, Growth | Global Report, 2026
    The global coated fabric market size was USD 34.89 billion in 2018 and is projected to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period.
    0 Comments 0 Shares
  • Functional Foods Market Competitive Landscape And Key Regions Forecast by 2023-2028

    According to a research report published by Fortune Business Insights™,the global functional foods and beverages market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020.

    Highlights of the Report

    This market report supplies tangible insights into the regional prospects of the market and presents an exhaustive analysis of the market drivers and challenges. Furthermore, the report contains detailed profiling of key market players and careful study of their strategies and incorporates industry-leading, actionable research into the different market segments.

    Driving Factor

    The proliferation of Food & Beverage Startups to Elevate Market Potential

    The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives.

    For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory.

    Regional Insights

    Asia Pacific to Present Excellent Business Opportunities for Market Players

    Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China.

    Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028.

    In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market.

    Key Market Segmentation

    On the basis of type, the market has been classified into functional cereals & grains, functional dairy products, functional bakery products, functional fats & oils, and other functional/fortified foods.

    Based on the distribution channel, this market has been grouped into supermarkets/hypermarkets, convenience stores, online retail, and others. In 2020, the supermarkets/hypermarkets segment led the global functional foods and drinks market with a share of 44.21% and the US market with a share of 43.06%.

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

    Competitive Landscape

    Introduction of Novel Products in Emerging Economies to Electrify the Market

    Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/functional-foods-market-102269
    Functional Foods Market Competitive Landscape And Key Regions Forecast by 2023-2028 According to a research report published by Fortune Business Insights™,the global functional foods and beverages market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020. Highlights of the Report This market report supplies tangible insights into the regional prospects of the market and presents an exhaustive analysis of the market drivers and challenges. Furthermore, the report contains detailed profiling of key market players and careful study of their strategies and incorporates industry-leading, actionable research into the different market segments. Driving Factor The proliferation of Food & Beverage Startups to Elevate Market Potential The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives. For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory. Regional Insights Asia Pacific to Present Excellent Business Opportunities for Market Players Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China. Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028. In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market. Key Market Segmentation On the basis of type, the market has been classified into functional cereals & grains, functional dairy products, functional bakery products, functional fats & oils, and other functional/fortified foods. Based on the distribution channel, this market has been grouped into supermarkets/hypermarkets, convenience stores, online retail, and others. In 2020, the supermarkets/hypermarkets segment led the global functional foods and drinks market with a share of 44.21% and the US market with a share of 43.06%. By geography, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Competitive Landscape Introduction of Novel Products in Emerging Economies to Electrify the Market Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/functional-foods-market-102269
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Functional Food and Beverage Market Size | Global Report, 2028
    The global functional food and beverage market is projected to grow from $281.14 billion in 2021 to $529.66 billion in 2028 at a CAGR of 9.5%
    0 Comments 0 Shares
  • Halal Food and Beverages Market Segmentation, Trends and Forecast Report by 2023-2028

    The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028.

    Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years.

    Segmentation

    By Product, the global market is segregated into meat, poultry & seafood, dairy products, cereal & grain-based products, non-dairy beverages, fruits, vegetables & nuts. By distribution channel, the market is divided into traditional retailers, supermarkets/hypermarkets, online retail, and others. Geographically, the market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa

    Drivers and Restraints

    Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth

    Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population.

    Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years.

    Regional Insights

    Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh.

    The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues.

    Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products.

    Competitive Landscape

    The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth.

    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186
    Halal Food and Beverages Market Segmentation, Trends and Forecast Report by 2023-2028 The global halal food and beverages market size was USD 1.96 trillion in 2020. The market is projected to grow from USD 2.09 trillion in 2021 to USD 3.27 trillion by 2028, exhibiting a CAGR of 6.56% during the forecast period of 2021-2028. Fortune Business Insights™ provides this information in its report, titled, “Halal Food and Beverages Market, 2021-2028.” According to our researchers, the growing Islamic population across the globe coupled with the rising consumer worries concerning food safety, superiority, and animal brutality have substantially upsurged the demand for halal food & beverages. Moreover, the constantly extending distribution network and the assessment in customer buying configurations are projected to further power the global market in the forthcoming years. Segmentation By Product, the global market is segregated into meat, poultry & seafood, dairy products, cereal & grain-based products, non-dairy beverages, fruits, vegetables & nuts. By distribution channel, the market is divided into traditional retailers, supermarkets/hypermarkets, online retail, and others. Geographically, the market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa Drivers and Restraints Increasing Islamic Population & Moving Customer Responsiveness to Fuel Market Growth Islam is the quickest-growing religion globally, which affirmatively impacts the global demand for halal food & beverage products. As per the latest record declared by the Government of Saudi Arabia, the global Muslim population signifies about 28.26% of the total world population. Additionally, the rising consciousness among the Muslim population concerning the requirement and inevitability to ingest only halal food predominantly powers the growth of the global market. Moreover, the growing dispensable revenue levels of the Islamic population are further anticipated to thrust the market growth during the upcoming years. Regional Insights Asia Pacific held the maximum halal food and beverages market share and was valued USD 1.20 trillion in 2020. The largest Islamic population is focused in the Asia Pacific region as the four biggest nations in terms of the Muslim population are situated on this continent, comprising India, Indonesia, Pakistan, and Bangladesh. The Middle East and Africa have huge latent for the market growth as the customers in this region are principally Muslim with increasing per capita revenues. Europe is observing significant growth in the market. Surging flexible incomes coupled with a rising Muslim population is estimated to elevate the demand for halal products. Competitive Landscape The major players such as Cargill, Inc., Nestle S.A., and Unilever are fixated on novel product improvements, collaborations, and procurements to associate the market. The advent of small-scale companies in this market expressively donates to the competition occurring within the market, which has an optmistic influence on the market's growth. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/halal-food-and-beverages-market-106186
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Halal Food and Beverages Market Size, Growth | Report [2028]
    The global halal food and beverages market is projected to grow from $2.09 trillion in 2021 to $3.27 trillion by 2028, exhibiting a CAGR of 6.56%
    0 Comments 0 Shares
  • According to Fortune Business Insights, the global carbon nanotubes (CNT) market size is anticipated to reach USD 10.52 billion by 2028 and exhibit a CAGR of 10.2% during the forecast period. Carbon nanotubes find their applications requiring durability, thermal conductivity, electrical conductivity, and high strength. The growing demand for electronics and electrical products is expected to boost the market growth. Similarly, the expansion of the aerospace industry is anticipated to bolster market growth. Fortune Business InsightsTM has presented this information in the report titled, “Carbon Nanotubes (CNT) Market, 2021-2028”. The market size stood at USD 4.94 billion in 2020.

    The swift commercialization and upscale of installed capacities with technological advancements to develop advanced products and improve overall product quality is anticipated to be a major trend that is likely to foster the growth of the market in the coming years.

    Information Source:

    https://www.fortunebusinessinsights.com/carbon-nanotubes-cnt-market-102700
    According to Fortune Business Insights, the global carbon nanotubes (CNT) market size is anticipated to reach USD 10.52 billion by 2028 and exhibit a CAGR of 10.2% during the forecast period. Carbon nanotubes find their applications requiring durability, thermal conductivity, electrical conductivity, and high strength. The growing demand for electronics and electrical products is expected to boost the market growth. Similarly, the expansion of the aerospace industry is anticipated to bolster market growth. Fortune Business InsightsTM has presented this information in the report titled, “Carbon Nanotubes (CNT) Market, 2021-2028”. The market size stood at USD 4.94 billion in 2020. The swift commercialization and upscale of installed capacities with technological advancements to develop advanced products and improve overall product quality is anticipated to be a major trend that is likely to foster the growth of the market in the coming years. Information Source: https://www.fortunebusinessinsights.com/carbon-nanotubes-cnt-market-102700
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Carbon Nanotubes Market Size, Share & Growth by 2028
    The global carbon nanotubes market is projected to grow from $5.32 billion in 2021 to $10.52 billion in 2028 at a CAGR of 10.2% in forecast period.
    0 Comments 0 Shares
  • http://www.prome-e.com/heat-pump-for-home/air-to-water-heat-pump/
    Air To Water Heat Pump manufacturers This is an energy-efficient heat pump that simultaneously meets domestic heating, domestic hot water, and cooling requirements. It can produce domestic hot water all year round, provide heating in winter, and air-conditioning in summer. There are three end connections: floor heating, radiator, and fan coil. Creates great comfort at home even in cooler ambient temperatures. Outdoor Unit Specification Model name AHbS4VR3H/OAHbS6VR3H/OAHbS8VR3H/OAHbS10VR3H/OAHbS12VR3H/OAHbS14VR3H/OAHbS16VR3H/O Power supplyV/Ph/Hz220~240/1/50 Performance data Heating*1CapacitykW4.26.48.010.012.114.515.9 Power inputkW0.821.281.632.022.443.153.53 COPkW/kW5.104.954.914.954.954.604.50 Heating*2CapacitykW4.36.38.110.012.314.116.0 Power inputkW1.131.702.102.673.323.924.57 COPkW/kW3.803.703.853.753.703.603.50 Heating*3CapacitykW4.46.07.59.511.913.816.0 Power inputkW1.492.032.363.063.904.685.61 COPkW/kW2.952.953.183.103.052.952.85 Cooling*4CapacitykW4.77.07.58.211.512.414.0 Power inputkW1.362.332.222.524.184.965.60 EERkW/kW3.453.003.353.252.752.502.50 Seasonal space heating energy efficiency class (average climate general)LWT @ 35鈩?/td>A+++A+++A+++A+++A+++A+++A+++ LWT @ 55鈩?/td>A++A++A++A++A++A++A++ Sound power level dB(A)57585964656568 Physical data Dimension (W脳D脳H) mm1045脳405脳7701045脳405脳7701045脳405脳770995脳390脳1015995脳390脳1015995脳390脳1015995脳390脳1015 Packing (W脳D脳H) mm1170脳520脳8051170脳520脳8051170脳520脳8051145脳510脳11801145脳510脳11801145脳510脳11801145脳510脳1180 Net/gross weight kg65/7165/7175/8186/9698/10898/10898/108 CompressorBrand PanasonicPanasonicPanasonicPanasonicPanasonicPanasonicPanasonic Type Rotary DC InverterRotary DC InverterRotary DC InverterRotary DC InverterRotary DC InverterRotary DC InverterRotary DC Inverter Model 9WD138ZBA219WD138ZBA219RD220ZAA219RD220ZAA219KD420ZAA219KD420ZAA219KD420ZAA21 Poles 6666666 Speedrps6~1386~13812~12012~12012~12012~12012~120 Oil FW50S/350mLFW50S/350mLFW50S/500mLFW50S/500mLFW68S/1000mLFW68S/1000mLFW68S/1000mL Outdoor fanBrand WolongWolongWolongWolongWolongWolongWolong Motor type Brushless DC motorBrushless DC motorBrushless DC motorBrushless DC motorBrushless DC motorBrushless DC motorBrushless DC motor Model ZNDKO-85-8ZNDKO-85-8ZNDKO-85-8ZNDKO-200-8ZNDKO-200-8ZNDKO-200-8ZNDKO-200-8 Number of fans 1111111 Air flowm3/h3200320040006000610061006100 Air side heat exchangerNumber of rows 2232333 Tube pitch(a)脳 row pitch(b)mm21脳18.221脳18.221脳18.221脳18.221脳18.221脳18.221脳18.2 Tube dia. and type 桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper Fin spacemm1.51.51.51.81.81.81.8 Fin type (code) Hydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminum Piping connections Liquid pipeType FlareFlareFlareFlareFlareFlareFlare Dia.(OD)mm桅6.35桅6.35桅6.35桅6.35桅9.52桅9.52桅9.52 Gas pipeType FlareFlareFlareFlareFlareFlareFlare Dia.(OD)mm桅15.88桅15.88桅15.88桅15.88桅15.88桅15.88桅15.88 Max. piping length m20202050505050 Max. height differenceOutdoor unit upsidem10101020202020 Oudoor unit downsidem10101020202020 RefrigerantType R32R32R32R32R32R32R32 Quantitykg1.11.11.41.62.52.52.5 Throttle type EXVEXVEXVEXVEXVEXVEXV Additional chargeg(Total pipe length - 5)m *30g/m Ambient temperature rangeCooling鈩?/td>-5锝?6鈩?/td> Heating鈩?/td>-25锝?5鈩?/td> DHW鈩?/td>-25锝?3鈩?/td> Water temperature rangeCooling鈩?/td>5~25鈩?/td> Heating鈩?/td>25~60鈩?/td> DHW鈩?/td>40~60鈩?/td> *: 1. Heating conditions: water flow 0.172m^3/(h路kW), ambient temperature 7掳C DB, EWT / LWT 30/35掳C. 2. Heating conditions: water flow 0.172m^3/(h路kW), ambient temperature 7掳C DB, EWT / LWT 40/45掳C. 3. Heating conditions: water flow 0.172m^3/(h路kW), ambient temperature 7掳C DB, EWT / LWT 47/55掳C. 4. Cooling conditions: water flow 0.172m^3/(h路kW), ambient temperature 35掳C DB, EWT / LWT 12/7掳C. Hydronic Module Specification Model name AHbS6VR3H/IPAHbS10VR3X/IPAHbS16VR3X/IP Power supplyV/Ph/Hz220~240/1/50 Leaving water temperature rangeSpace heating鈩?/td>25~6025~6025~60 Space cooling鈩?/td>5~255~255~25 Domestic hot water鈩?/td>40~6040~6040~60 Sound power leveldB(A)404243 Dimension (W脳H脳D)mm470脳790脳270470脳790脳270470脳790脳270 Packing (W脳H脳D)mm550脳960脳340550脳960脳340550脳960脳340 Net/gross website:http://www.prome-e.com/heat-pump-for-home/air-to-water-heat-pump/
    http://www.prome-e.com/heat-pump-for-home/air-to-water-heat-pump/ Air To Water Heat Pump manufacturers This is an energy-efficient heat pump that simultaneously meets domestic heating, domestic hot water, and cooling requirements. It can produce domestic hot water all year round, provide heating in winter, and air-conditioning in summer. There are three end connections: floor heating, radiator, and fan coil. Creates great comfort at home even in cooler ambient temperatures. Outdoor Unit Specification Model name AHbS4VR3H/OAHbS6VR3H/OAHbS8VR3H/OAHbS10VR3H/OAHbS12VR3H/OAHbS14VR3H/OAHbS16VR3H/O Power supplyV/Ph/Hz220~240/1/50 Performance data Heating*1CapacitykW4.26.48.010.012.114.515.9 Power inputkW0.821.281.632.022.443.153.53 COPkW/kW5.104.954.914.954.954.604.50 Heating*2CapacitykW4.36.38.110.012.314.116.0 Power inputkW1.131.702.102.673.323.924.57 COPkW/kW3.803.703.853.753.703.603.50 Heating*3CapacitykW4.46.07.59.511.913.816.0 Power inputkW1.492.032.363.063.904.685.61 COPkW/kW2.952.953.183.103.052.952.85 Cooling*4CapacitykW4.77.07.58.211.512.414.0 Power inputkW1.362.332.222.524.184.965.60 EERkW/kW3.453.003.353.252.752.502.50 Seasonal space heating energy efficiency class (average climate general)LWT @ 35鈩?/td>A+++A+++A+++A+++A+++A+++A+++ LWT @ 55鈩?/td>A++A++A++A++A++A++A++ Sound power level dB(A)57585964656568 Physical data Dimension (W脳D脳H) mm1045脳405脳7701045脳405脳7701045脳405脳770995脳390脳1015995脳390脳1015995脳390脳1015995脳390脳1015 Packing (W脳D脳H) mm1170脳520脳8051170脳520脳8051170脳520脳8051145脳510脳11801145脳510脳11801145脳510脳11801145脳510脳1180 Net/gross weight kg65/7165/7175/8186/9698/10898/10898/108 CompressorBrand PanasonicPanasonicPanasonicPanasonicPanasonicPanasonicPanasonic Type Rotary DC InverterRotary DC InverterRotary DC InverterRotary DC InverterRotary DC InverterRotary DC InverterRotary DC Inverter Model 9WD138ZBA219WD138ZBA219RD220ZAA219RD220ZAA219KD420ZAA219KD420ZAA219KD420ZAA21 Poles 6666666 Speedrps6~1386~13812~12012~12012~12012~12012~120 Oil FW50S/350mLFW50S/350mLFW50S/500mLFW50S/500mLFW68S/1000mLFW68S/1000mLFW68S/1000mL Outdoor fanBrand WolongWolongWolongWolongWolongWolongWolong Motor type Brushless DC motorBrushless DC motorBrushless DC motorBrushless DC motorBrushless DC motorBrushless DC motorBrushless DC motor Model ZNDKO-85-8ZNDKO-85-8ZNDKO-85-8ZNDKO-200-8ZNDKO-200-8ZNDKO-200-8ZNDKO-200-8 Number of fans 1111111 Air flowm3/h3200320040006000610061006100 Air side heat exchangerNumber of rows 2232333 Tube pitch(a)脳 row pitch(b)mm21脳18.221脳18.221脳18.221脳18.221脳18.221脳18.221脳18.2 Tube dia. and type 桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper桅7 inner grooved copper Fin spacemm1.51.51.51.81.81.81.8 Fin type (code) Hydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminumHydrophilic aluminum Piping connections Liquid pipeType FlareFlareFlareFlareFlareFlareFlare Dia.(OD)mm桅6.35桅6.35桅6.35桅6.35桅9.52桅9.52桅9.52 Gas pipeType FlareFlareFlareFlareFlareFlareFlare Dia.(OD)mm桅15.88桅15.88桅15.88桅15.88桅15.88桅15.88桅15.88 Max. piping length m20202050505050 Max. height differenceOutdoor unit upsidem10101020202020 Oudoor unit downsidem10101020202020 RefrigerantType R32R32R32R32R32R32R32 Quantitykg1.11.11.41.62.52.52.5 Throttle type EXVEXVEXVEXVEXVEXVEXV Additional chargeg(Total pipe length - 5)m *30g/m Ambient temperature rangeCooling鈩?/td>-5锝?6鈩?/td> Heating鈩?/td>-25锝?5鈩?/td> DHW鈩?/td>-25锝?3鈩?/td> Water temperature rangeCooling鈩?/td>5~25鈩?/td> Heating鈩?/td>25~60鈩?/td> DHW鈩?/td>40~60鈩?/td> *: 1. Heating conditions: water flow 0.172m^3/(h路kW), ambient temperature 7掳C DB, EWT / LWT 30/35掳C. 2. Heating conditions: water flow 0.172m^3/(h路kW), ambient temperature 7掳C DB, EWT / LWT 40/45掳C. 3. Heating conditions: water flow 0.172m^3/(h路kW), ambient temperature 7掳C DB, EWT / LWT 47/55掳C. 4. Cooling conditions: water flow 0.172m^3/(h路kW), ambient temperature 35掳C DB, EWT / LWT 12/7掳C. Hydronic Module Specification Model name AHbS6VR3H/IPAHbS10VR3X/IPAHbS16VR3X/IP Power supplyV/Ph/Hz220~240/1/50 Leaving water temperature rangeSpace heating鈩?/td>25~6025~6025~60 Space cooling鈩?/td>5~255~255~25 Domestic hot water鈩?/td>40~6040~6040~60 Sound power leveldB(A)404243 Dimension (W脳H脳D)mm470脳790脳270470脳790脳270470脳790脳270 Packing (W脳H脳D)mm550脳960脳340550脳960脳340550脳960脳340 Net/gross website:http://www.prome-e.com/heat-pump-for-home/air-to-water-heat-pump/
    0 Comments 0 Shares