Many Generation Z consumer in the U.S. were interested in consuming food with different benefits in 2021. According to the report, 20 percent of Gen Z consumers chose food with either calming and relaxing benefits or focus-enhancing benefits.
This statistic shows the percentage of U.S. Millennials that were dissatisfied with select aspects of traditional health care as of 2019. According to the data, 21 percent of Millennials were dissatisfied with wait times and the speed of appointments in traditional health care.
According to the Statista Global Consumer Survey carried out between July 2023 and June 2024 in the United Kingdom, members of the baby boomer generational cohort were the most likely to agree with the statement that they actively try to eat healthy. The younger the respondents, the less likely they were to agree with the statement. For more countries, the results of prior surveys, and a variety of other topics, please visit our Global Consumer Survey web page.
Dietary habits among millennials in the UK The millennials are the largest generational cohort in the UK, with almost 14.5 million people. In 2020, millennials surpassed the baby boomer generation as the largest generation for the first time. The most popular type of diet among millennials in the UK is the flexitarian diet, which consists of eating mostly plant-based foods while occasionally eating meat and fish. Approximately 15 percent of millennials are flexitarians. Moreover, around 14 percent of millennials follow a low- or no-carb diet. As compared to other generations, a relatively high share of millennials either do not eat meat or intend to go meat-free in the future. Only Generation Z has a higher share of people who either follow a meat-free diet already or intend to do so in the future. The impact of price increases on healthy eating in the UK Being able to eat healthy is one of the most common food-related concerns among consumers in the UK, as stated by about 46 percent of British consumers. The top food-related concern, however, is the food price. Starting in August 2021, food prices in the UK have increased rapidly. In March 2023, the food inflation peaked at 19.1 percent. Prices have declined since. The increase in the cost of living in the UK has also impacted the healthy eating habits of consumers. Approximately 28 percent of consumers state that they eat less healthy to save money, while 13 percent state that they work more hours and have thus less time to cook.
Hummus Market Size 2025-2029
The hummus market size is forecast to increase by USD 3.49 billion at a CAGR of 13.5% between 2024 and 2029.
The market is witnessing significant growth, driven by the increasing popularity of this healthy snack among consumers. The introduction of innovative packaging, such as pouches, has made hummus more convenient for consumers, leading to an increase in demand. Additionally, the market is benefiting from the growing trend of incorporating natural ingredients, such as garlic, spices, lime, and antioxidant-rich fruits like blueberries, into hummus recipes. Olive oil and chickpeas remain the key ingredients, while tahini adds a distinctive flavor and texture. Moreover, the rising demand for healthy snack options, particularly in convenience stores and e-commerce channels, is fueling market growth.
Hummus is a rich source of vitamins, protein, and essential nutrients, making it a preferred choice for health-conscious consumers. The market is also witnessing the introduction of new flavors, such as garlic and spiced hummus, catering to diverse consumer preferences. Despite challenges such as raw material supply shortages and natural calamities, the market is expected to continue its growth trajectory.
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The market exhibits strong growth, driven by increasing consumer preference for plant-based options and the expanding popularity of Mediterranean cuisine. This market encompasses various types, including classic chickpea hummus, lentils, garlic, black, white bean, and tahini dips. Hummus caters to diverse dietary needs, such as vegan diets and veganism, making it a staple for environmental sustainability-conscious consumers. Functional ingredients, like herbs and spices, such as turmeric, lavender, lime, blueberry, and others, add unique flavors and immunity attributes to hummus. Single-serve cups and convenient packaging enhance hummus' appeal as a healthy snack for millennials. The market's sizeable growth can be attributed to hummus' health-beneficial attributes, including proteins, fiber, antioxidants, vitamins, and various nutritional constituents.
Hummus' versatility as a plant-based dip option, its long shelf-life, affordability, and taste make it a preferred fridge staple for consumers. The market's direction remains positive, with continued innovation in flavors, packaging, and functional ingredients.
How is this Hummus Industry segmented and which is the largest segment?
The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Sauces and dips
Pastes and spreads
Others
Type
Classic hummus
Lentil hummus
Others
Packaging
Jars
Tubs
Pouches
Distribution Channel
Offline
Online
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
Spain
APAC
Middle East and Africa
South America
By Application Insights
The sauces and dips segment is estimated to witness significant growth during the forecast period.
Hummus, a popular plant-based dip originating from Mediterranean cuisine, has gained significant market traction due to its perceived health benefits. Rich in proteins, fiber, antioxidants, vitamins, and nutritional constituents, hummus is a preferred choice for consumers following vegan diets or veganism. The dip's natural ingredients, including chickpeas, garlic, lemon, and olive oil, align with the increasing demand for food products with functional ingredients and immunity attributes. Hummus is available in various flavors such as organic, Classic Hummus, Lentil Hummus, Garlic Hummus, Black Hummus, White bean Hummus, and others. Single-serve cups and gluten-free options further enhance its convenience and appeal. The affordability and health-beneficial attributes make hummus a staple in American households, surpassing other dipping options.
Herbs and spices like turmeric, lavender, lime, blueberry, and others add to its taste and versatility. With a long shelf-life and growing consumer attention towards plant-based snacks, hummus continues to be a popular and nutritious choice for millennials and health-conscious individuals.
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The sauces and dips segment was valued at USD 953.30 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 30% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the for
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The global natural mineral water market size was valued at approximately USD 20 billion in 2023 and is expected to reach around USD 35 billion by 2032, growing at a CAGR of 6.5% during the forecast period. This impressive growth is driven by increasing consumer awareness about health benefits associated with natural mineral water, rising disposable incomes, and expanding distribution networks.
One of the key growth factors for the natural mineral water market is the escalating consumer preference for healthy and natural beverage options. With the increasing awareness about the negative health impacts of sugary sodas and other artificial drinks, consumers are gravitating towards natural mineral water as a healthier alternative. This shift is particularly pronounced among health-conscious millennials and Gen Z consumers, who prioritize wellness and sustainable living. Moreover, natural mineral water is often perceived as a premium product, which has spurred its demand in developed countries where consumers are willing to pay a premium for quality and health benefits.
Another significant growth driver is the expanding availability and variety of natural mineral water products. Manufacturers are innovating with new flavors, packaging, and marketing strategies to attract a broader consumer base. The introduction of sparkling variants, flavored options, and eco-friendly packaging solutions are contributing to the market's expansion. Additionally, the growth of e-commerce platforms has made it easier for consumers to access a wide range of natural mineral water brands and types, further boosting market growth. The convenience of online shopping and home delivery services has particularly benefited urban consumers who prefer hassle-free purchasing experiences.
The rising disposable incomes and changing lifestyles in emerging economies are also playing a crucial role in the growth of the natural mineral water market. As economies grow and urbanize, there is an increasing demand for premium and convenient beverage options. The middle and upper classes in countries like China, India, and Brazil are becoming more health-conscious and are willing to spend more on high-quality natural mineral water. Additionally, the tourism and hospitality sectors in these regions are driving demand for bottled natural mineral water, as tourists and business travelers prefer safe and hygienic drinking options.
In recent years, the market for High End Bottled Water has seen a significant rise, driven by consumer demand for premium quality and exclusivity. These high-end products are often sourced from pristine locations and are marketed as offering unique mineral compositions and health benefits. The allure of luxury and the association with a sophisticated lifestyle make high-end bottled water a sought-after choice among affluent consumers. This segment is characterized by elegant packaging and branding that emphasizes purity and origin, appealing to those who are willing to pay a premium for a superior drinking experience. As consumers become more discerning about their beverage choices, the high-end bottled water market is poised for continued growth, particularly in urban centers and among health-conscious individuals.
From a regional perspective, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. The growing population, rapid urbanization, and increasing health awareness among consumers are key factors driving the demand for natural mineral water in this region. Countries like China, India, and Japan are at the forefront of this growth trend. In contrast, North America and Europe have well-established markets, with a strong presence of key players and a high rate of consumer adoption. These regions are expected to maintain steady growth due to the sustained demand for premium and health-oriented products.
The natural mineral water market is segmented based on product type into still and sparkling water. Still water holds a significant share of the market due to its widespread acceptance and consumption. Consumers often prefer still water for its natural taste and health benefits, as it is rich in essential minerals like calcium, magnesium, and potassium. Still water is also favored for regular hydration purposes, making it a staple in households, workplaces, and fitness centers. The growing health consciousness among consumers is further driving the demand for
Hard Seltzer Market Size 2024-2028
The hard seltzer market size is forecast to increase by USD 36.44 billion, at a CAGR of 25.1% between 2023 and 2028.
The global hard seltzer market is growing steadily, driven by increasing consumer demand for low-calorie, refreshing alcoholic beverages and advancements in flavor innovation. Key factors include a shift in consumer preferences toward healthier drinking options from alcoholic beverages, particularly among millennials and Gen Z, and the convenience of ready-to-drink formats, which have fueled widespread adoption through e-commerce and retail channels.
This report provides a comprehensive analysis for businesses, detailing market size, growth projections through 2028, and key segments, which leads due to its balance of flavor and moderate alcohol content. It highlights trends such as the rise of exotic fruit flavors like mango and passionfruit, reflecting consumer interest in variety, and addresses challenges like intense competition from new entrants, which pressures pricing and brand differentiation. The data is tailored for strategic planning, product development, and market positioning.
For companies aiming to compete in the global hard seltzer market, this report offers practical insights into leveraging health-conscious trends and navigating competitive dynamics, ensuring they can adapt and thrive in a rapidly evolving beverage landscape.
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The market is experiencing a significant rise in demand from health-conscious consumers, particularly millennials. These individuals are seeking out low-calorie, low-sugar, and gluten-free alcoholic beverages, making it an attractive choice. Hard seltzers, which contain lower alcohol content than traditional alcoholic beverages, are often sugar-free and carbohydrate-conscious, aligning with the current health trends. Established brands have entered the market with their Hard Seltzer offerings, while emerging brands continue to introduce new flavors in ready-to-drink cans. The variety of options available caters to the diverse preferences of consumers. Hard seltzers are made from raw materials such as fruit, water, and alcohol, with some brands offering keto-friendly and lower calorie options.
The alcohol content in hard seltzers is typically lower than that of beer, making them a healthier alcohol choice for many. The market for gluten-free beverages, including hard seltzers, is expected to grow as more and more people become health-conscious and seek out alternatives to traditional alcoholic beverages. The increasing popularity of hard seltzers is a testament to the evolving preferences of consumers and the industry's ability to adapt to these changing trends.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Distribution Channel
Off-trade
On-trade
ABV Content
1.0% to 4.9%
5.0% to 6.9%
Others
Packaging Type
Glass Bottles
Metal Cans
Flavor
Classic or unflavored
Flavored
Geography
North America
US
Canada
Mexico
Europe
France
Germany
UK
APAC
China
Japan
South Korea
South America
Brazil
Middle East and Africa
By Distribution Channel Insights
The off-trade segment is estimated to witness significant growth during the forecast period. Hard Seltzer, a popular beverage among health-conscious individuals and those seeking lower-calorie and low-sugar alternatives to traditional alcoholic beverages is widely available through various off-trade distribution channels. These channels include individual retailers, supermarkets, hypermarkets, and online platforms. The taste and sweetness of hard seltzers, often described as fruity and bubbly, attract a broad consumer base.
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The off-trade segment was valued at USD 5.22 billion in 2018. The variety of flavors, including raspberry, blackberry, tropical fruits like mango and passionfruit, and others, offer customization options for consumers. Established brands and emerging players in the market compete for consumer preferences, with fruit flavors being a popular turnoff for some. Local regulations and cultural factors influence product formulations and labeling requirements. Alcohol consumption and macroeconomic factors, such as disposable income and consumer confidence, also impact the affordability and innovation and expansion strategies of companies in the market. Hard seltzers, available in ready-to-drink cans, are gluten-free options that cater to specific consumer needs. The buzzed sensation they provide, combined with
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The European functional beverage market, valued at $30.97 billion in 2025, is projected to experience robust growth, driven by increasing health consciousness among consumers and the rising popularity of functional beverages offering specific health benefits beyond simple hydration. The market's Compound Annual Growth Rate (CAGR) of 7.6% from 2019 to 2033 indicates substantial expansion potential. Key product segments include energy drinks, sports drinks, fortified juices, and others (e.g., probiotic drinks, herbal infusions). Consumer demand is fueled by the convenience and perceived health benefits these drinks offer, particularly among active individuals and health-conscious millennials and Gen Z consumers. Leading companies like Red Bull, Coca-Cola, and PepsiCo are intensely competing, employing various strategies including product innovation, brand building, and strategic acquisitions to maintain market share. The European market is segmented geographically, with Germany, UK, France, and Spain representing significant regional markets, each exhibiting unique consumer preferences and regulatory landscapes. However, increasing regulatory scrutiny on sugar content and artificial ingredients presents a challenge for the industry, necessitating a shift toward healthier formulations and transparent labeling. Growth is further propelled by factors such as increasing disposable incomes in certain European countries, growing awareness of the benefits of functional ingredients like vitamins and antioxidants, and the expansion of distribution channels including online retail and specialized health food stores. The market faces restraints from concerns about high sugar content in some beverages and potential negative health implications associated with excessive consumption of certain functional ingredients. Companies are responding by focusing on natural ingredients, low-sugar options, and functional drinks with clearly defined health benefits, substantiated by scientific evidence. The forecast period (2025-2033) suggests a continued rise in market value driven by these trends and the evolving consumer demand for healthier and more functional beverage choices. The competitive landscape remains dynamic, with both established players and new entrants continuously striving for innovation and market leadership.
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The global food truck services market size was valued at approximately USD 3.6 billion in 2023 and is projected to reach USD 6.7 billion by 2032, growing at a CAGR of 7.1% during the forecast period. This impressive growth can be attributed to various factors, including the increasing consumer preference for convenient and accessible food options, the rising popularity of gourmet street food, and the relatively low startup costs associated with food trucks compared to traditional brick-and-mortar restaurants.
One of the significant growth factors driving the food truck services market is the evolving consumer lifestyle, which increasingly favors on-the-go food consumption. Modern consumers, particularly millennials and Gen Z, prefer fast, convenient, and diverse food options that food trucks are uniquely positioned to provide. The variety offered by food trucks—from gourmet cuisine to traditional street food—caters to diverse tastes and preferences, further fueling market growth. Additionally, food trucks often emphasize fresh, high-quality ingredients, which appeal to health-conscious consumers.
Another key factor contributing to the market's expansion is the increased visibility and popularity of food trucks through social media and food festivals. Social media platforms like Instagram and Facebook allow food trucks to reach a broad audience with minimal marketing costs, attracting not only local patrons but also tourists and food enthusiasts. Food festivals and events provide an excellent platform for food trucks to showcase their offerings, gain new customers, and build a loyal customer base. Moreover, the trend of incorporating unique and innovative culinary concepts helps food trucks stand out in a competitive market.
The economic and operational advantages of food trucks over traditional restaurants also play a critical role in market growth. The initial investment and operational costs for food trucks are significantly lower than those for a brick-and-mortar establishment. This affordability makes food trucks an attractive option for culinary entrepreneurs looking to enter the food service industry with limited capital. Additionally, the mobility of food trucks allows operators to explore various locations and events, thereby maximizing their revenue potential and market reach.
Food trucks have become a staple in urban landscapes, offering a diverse array of culinary delights that cater to the fast-paced lifestyle of city dwellers. The allure of food trucks lies in their ability to provide freshly prepared meals using high-quality ingredients, often sourced locally. This focus on quality and freshness resonates with consumers who are increasingly conscious of their food choices. The food truck industry has capitalized on this trend by offering a wide range of options, from healthy salads and organic dishes to indulgent comfort foods. As the demand for convenient yet wholesome food continues to rise, food trucks are well-positioned to meet this need, further driving their popularity and market growth.
Regionally, North America holds the largest share of the food truck services market, followed by Europe and the Asia Pacific. In North America, the United States is a significant contributor to market growth, attributed to the high consumer demand for diverse food options and the presence of numerous food festivals and events. Europe is also witnessing substantial growth in the food truck sector, driven by the increasing popularity of street food culture. Meanwhile, the Asia Pacific region, particularly countries like China and India, is expected to experience rapid growth due to rising disposable incomes and changing consumer preferences.
The food truck services market can be segmented by type into gourmet food trucks, fast food trucks, dessert trucks, beverage trucks, and others. Gourmet food trucks are at the forefront of this segment, offering high-quality, restaurant-grade cuisine that attracts food enthusiasts and connoisseurs. These trucks often emphasize unique and innovative culinary experiences, utilizing premium ingredients and creative recipes. The appeal of gourmet food trucks lies in their ability to provide a fine dining experience in a casual, accessible setting, making gourmet cuisine available to a broader audience.
Fast food trucks, offering items like burgers, hot dogs, and fries, continue to be a staple in the food truck market
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The global Poke Food Market is projected to grow exponentially in the upcoming years, from a market value of USD 4.96 billion in 2023 to an estimated USD 20.8 billion by 2030, exhibiting a CAGR of 16.43% during the forecast period (2023-2030). Rising consumer demand for healthy and convenient food options, coupled with the growing popularity of poke bowls as a lunch and dinner choice, is fueling the market expansion. Moreover, the increasing availability of poke bowls in restaurants, supermarkets, and online delivery services is contributing to the market growth. Key market drivers include the increasing health consciousness among consumers, who are seeking nutrient-rich and low-calorie food options. The growing popularity of poke bowls on social media platforms and the increasing number of food delivery services are further fueling market demand. Additionally, the growing disposable income in developing countries and the increasing number of millennials and Gen Z consumers are expected to contribute to the market growth in the coming years. However, market restraints include the high cost of raw materials and the limited availability of skilled labor. Furthermore, the increasing competition from other food delivery services and restaurants may pose challenges to market growth. Recent developments include: . Key drivers for this market are: Growing demand for plant-based protein sources Expansion of vegan and vegetarian consumer base Rise in the popularity of poke bowls as a healthy meal option Increasing consumer interest in ethnic cuisines Growing availability of poke food products in retail and food service channels. Potential restraints include: 1 Rising popularity of Hawaiian cuisine2 Growing health consciousness3 Convenience and accessibility4 Product innovation5 Increasing millennial consumers.
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The global market size of organic skin supplements was valued at approximately USD 1.5 billion in 2023 and is anticipated to reach around USD 3.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.5% during the forecast period. The increasing consumer inclination towards natural and organic skincare products is one of the primary factors driving this market's robust growth. Rising awareness about the adverse effects of synthetic ingredients and the benefits of natural supplements is augmenting market demand.
The growth of the organic skin supplements market can be attributed to several key factors. Firstly, the rising global awareness of health and wellness has led consumers to seek out natural and organic products that are perceived to be safer and more beneficial for long-term use. This trend is particularly evident among millennials and Gen Z consumers, who prioritize clean and sustainable beauty products. Secondly, the increasing prevalence of skin conditions such as acne, eczema, and premature aging has spurred demand for supplements that can support skin health from the inside out. With more consumers recognizing the link between diet and skin health, the market for these supplements is expanding rapidly.
Moreover, advancements in nutritional science and formulation technologies are enabling the development of more effective and diverse organic skin supplements. Companies are investing in research and development to create products that combine various natural ingredients to address specific skin concerns. For instance, supplements containing a blend of vitamins, minerals, and herbal extracts are becoming increasingly popular. Additionally, the rise of e-commerce platforms and digital marketing has made it easier for consumers to access a wide range of organic skin supplements, further fueling market growth.
Another significant growth driver is the increasing disposable income and changing lifestyles in emerging economies. As consumers in these regions become more affluent, they are willing to spend more on premium skincare products, including organic supplements. The growing middle class in countries such as China and India is particularly noteworthy, as these consumers are becoming more health-conscious and beauty-aware. Furthermore, the aging population in many parts of the world is contributing to market expansion, as older consumers seek products that can help maintain youthful skin and prevent age-related skin issues.
The rise of Probiotic Skin Care Cosmetic Product is another noteworthy trend within the organic skin supplements market. Probiotics, known for their beneficial effects on gut health, are now being incorporated into skincare products to enhance the skin's microbiome. These products aim to balance the skin's natural flora, reduce inflammation, and improve overall skin health. As consumers become more educated about the benefits of probiotics, the demand for probiotic-infused skincare products is expected to grow. This trend aligns with the broader movement towards holistic health and wellness, where consumers seek products that support both internal and external health.
Regionally, North America and Europe are the leading markets for organic skin supplements, driven by high consumer awareness and spending power. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. The increasing popularity of K-beauty and J-beauty trends, coupled with a growing focus on holistic wellness, is propelling the demand for organic skin supplements in this region. Moreover, the presence of a large population base and rapid urbanization are further driving market growth in Asia Pacific.
The organic skin supplements market is segmented by product type into tablets, capsules, powders, liquids, and others. Tablets and capsules are among the most popular forms of organic skin supplements due to their convenience, ease of use, and precise dosing. Tablets, in particular, are favored for their long shelf life and ability to incorporate a variety of active ingredients. Capsules, on the other hand, are preferred by consumers who seek quick absorption and minimal additives, as they often come in gel or vegetarian formats.
Powders are gaining traction in the organic skin supplements market due to their versatility and customizable nature. Consume
EPharmacy Market Size 2025-2029
The EPharmacy market size is forecast to increase by USD 148.5 billion at a CAGR of 21.2% between 2024 and 2029.
The market is witnessing significant growth due to several key trends. The availability of advanced robotic pharmacy prescription dispensing systems and pharmacy automation systems is driving market growth. Artificial intelligence and medical devices are being integrated into these systems to enhance accuracy and efficiency. Additionally, the increasing popularity of e-commerce and the convenience it offers to consumers are fueling market expansion. The integration of digital health technologies is further improving the delivery of healthcare services, making it easier for consumers to manage their health remotely. However, challenges such as the growing acceptance of EPharmacy services in newly regulated European states and the risk of illegal and counterfeit trading of drugs through EPharmacy platforms remain major concerns. The rise of health and wellness trends is also contributing to the demand for more accessible, convenient, and personalized healthcare solutions. Overall, the market is expected to continue its growth trajectory, driven by technological advancements, changing consumer preferences, and an increasing focus on health and wellness.
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The market, encompassing mail-order medicines and over-the-counter products sold through e-commerce channels, continues to experience significant growth as more patients turn to the convenience of online purchasing for their healthcare needs. With an increasing number of chronically ill patients and elderly citizens seeking easier access to prescription medicines and healthcare products, market sales have been on an upward trajectory. Tech-savvy consumers, including millennials, are driving the demand for digitalization in healthcare services, leading to the emergence of startups leveraging information technologies, algorithms, and artificial intelligence to enhance customer satisfaction. The integration of telemedicine adoption, virtual healthcare services, remote patient monitoring, and patient engagement platforms further underscores the digital health trends shaping the market.
Regulations governing online pharmacies and healthcare data security remain critical concerns for market participants. The pharmaceuticals industry continues to innovate, with advancements in healthcare technology and the increasing popularity of virtual healthcare services. Online pharmacy marketing and digital health investment are key areas of focus for market players.
How is this EPharmacy Industry segmented and which is the largest segment?
The EPharmacy industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product Type
Medications
Health and wellness and nutrition
Personal care and essentials
Drug Class
Prescription drugs
Over-the-counter drugs
Distribution Channel
Mobile applications
Online platforms
End-user
Individuals
Commercial
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
APAC
China
India
Japan
South Korea
South America
Middle East and Africa
By Product Type Insights
The medications segment is estimated to witness significant growth during the forecast period.
In the modern healthcare landscape, EPharmacy, which encompasses mail-order medicines, e-commerce, and online pharmacies, plays a significant role in delivering prescription medicines and over-the-counter products to patients. This sector caters to the needs of various demographics, including chronically ill patients, elderly citizens, and millennials, through the digitalization of healthcare services. The convenience offered by online platforms, such as doctor consultations, smartphone orders, and doorstep delivery, appeals to tech-savvy consumers. However, regulations are stringent to combat illegitimate online pharmacies and ensure the safety of counterfeit, adulterated, or incorrectly labeled medications. EPharmacy solutions have become vital services, especially during lockdowns and urban center living, where operational costs and infrastructure priorities align with healthcare goals.
The sector includes independent internet-only outlets, electronic subsidiaries of retail pharmacy stores, and delivery companies. Platforms offering online shopping, diagnostics, and prescribed medications have become essential for consumer shopping habits, particularly for those requiring chronic care or living in developing economies. The industry continues to evolve with advancements in
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 178.27(USD Billion) |
MARKET SIZE 2024 | 192.62(USD Billion) |
MARKET SIZE 2032 | 357.98(USD Billion) |
SEGMENTS COVERED | Product Type ,Application ,Distribution Channel ,Target Audience ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing consumer awareness personalized nutrition growing demand for preventive healthcare technological advancements rise in dietary restrictions |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Schiff Nutrition International, Inc. ,NOW Health Group, Inc. ,Amway ,NBTY, Inc. ,Bayer AG ,Nestlé S.A. ,Herbalife Nutrition Ltd. ,Abbott Laboratories ,Nature's Bounty Co. ,BioTech Pharmacal, Inc. ,The Bountiful Company ,GNC Holdings, LLC ,Pfizer Inc. ,Glanbia plc ,Reckitt Benckiser Group plc |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Personalized Nutrition Functional Foods PlantBased Supplements Ecommerce Expansion Emerging Markets |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.05% (2025 - 2032) |
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The global freshly made yogurt drink market is experiencing robust growth, driven by increasing consumer demand for healthy and convenient beverages. The market, currently estimated at $5 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching a market value exceeding $9 billion by 2033. This growth is fueled by several key factors, including the rising popularity of yogurt as a functional food rich in probiotics and nutrients, the increasing preference for natural and less processed foods, and the expanding presence of freshly made yogurt drink offerings in cafes, restaurants, and specialized yogurt shops. The segment showing the strongest growth is fruit yogurt drinks, appealing to health-conscious consumers seeking naturally sweetened and refreshing alternatives to sugary beverages. However, the market faces challenges including price sensitivity, fluctuating raw material costs (dairy and fruit), and competition from established beverage brands. Successful players are focusing on innovation in flavors, product formats (e.g., smoothies, parfaits), and marketing strategies targeting health-conscious millennials and Gen Z. The Asia-Pacific region, particularly China and India, demonstrates significant potential due to rising disposable incomes and increasing awareness of health and wellness. The segmentation of the market shows diverse consumer preferences. Cereal yogurt drinks cater to breakfast-oriented consumers seeking a quick and nutritious option. Fruit and nut yogurt drinks appeal to those looking for naturally sweet and flavorful beverages, with the fruit segment holding a larger market share due to its broader appeal. The business district and community applications are both crucial to growth, with business districts representing higher per-capita consumption due to lunch-time and break-time demand. Competitive landscape is intense, with both established food and beverage companies and smaller, specialty yogurt shops vying for market share. Successful strategies revolve around product differentiation, brand building, and effective supply chain management to ensure consistent product quality and freshness. Geographic expansion, particularly into emerging markets, remains a significant growth opportunity.
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The global liquid breakfast products market is anticipated to reach a value of USD 51.3 billion by 2033, expanding at a CAGR of 4.78% during the forecast period (2025-2033). This growth can be attributed to increased consumer awareness about healthy eating habits and the convenience offered by liquid breakfast products. Smoothies and protein shakes are the most popular categories within the market, owing to their perceived health benefits and the ability to customize them with various ingredients. Key market trends include rising demand for plant-based and dairy-based ingredients, as well as the growth of online sales channels. Consumers are increasingly seeking out plant-based options due to ethical concerns and health benefits, while convenience is driving the popularity of online sales. In terms of regional markets, North America and Europe dominate the global landscape, but Asia Pacific is expected to witness the fastest growth due to rising disposable incomes and changing lifestyles. The Liquid Breakfast Products Market is projected to reach USD 78.06 billion by 2032, exhibiting a CAGR of 4.78% during the forecast period. Rising health consciousness and convenience have propelled the demand for liquid breakfast products, particularly among millennials and busy individuals. Key industry players are focusing on product innovation and strategic partnerships to expand their market share. In 2023, the market was valued at USD 51.3 billion, witnessing steady growth in North America and Europe due to increasing urbanization and changing lifestyles. Asia-Pacific is anticipated to emerge as a significant market, driven by rising disposable income and the growing popularity of Western food culture. Recent developments include: , The Liquid Breakfast Products Market is projected to reach USD 78.06 billion by 2032, exhibiting a CAGR of 4.78% during the forecast period. Rising health consciousness and convenience have propelled the demand for liquid breakfast products, particularly among millennials and busy individuals. Key industry players are focusing on product innovation and strategic partnerships to expand their market share. In 2023, the market was valued at USD 51.3 billion, witnessing steady growth in North America and Europe due to increasing urbanization and changing lifestyles. Asia-Pacific is anticipated to emerge as a significant market, driven by rising disposable income and the growing popularity of Western food culture., Liquid Breakfast Products Market Segmentation Insights. Key drivers for this market are: Functional diversification personalized nutrition grab-and-go convenience sustainability nutraceutical fortification. Potential restraints include: Convenience Health Consciousness Growing Veganism.
The United States Energy Drink Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 7.63% during 2023–2031. The growth of the market is attributed to the reintroduction of sumptuous chocolate and fruit flavors. Moreover, increasing number of manufacturers enhancing the functionality of drink while keeping it appealing to customers is driving the market growth.
Energy drinks are preferred among millennials and GenZ in the US. A large share of the US households with young population consume energy drinks. Rising health consciousness has encouraged the introduction of new products and new ingredients. Consumers are now looking for variations in everyday drinks that provide hydration as well as performance and preventive measures for various health issues. Caffeine-containing energy drinks are highly favored as it aids consumer to regain energy and improve stamina. Caffeine, amino acids, vitamins, and sugar are the most common constituents in energy beverages. These drinks help in the stimulation of the central nervous system and the regulation of heartbeat.
The energy drink market is highly consolidated, with ten major corporations controlling more than 55% of the market share. This category's rapid expansion is attracting new entrants. However, the net sales of energy drink manufacturers fell significantly during the COVID-19 pandemic due to low consumer demand combined with a reduction in inventory by the big corporations.
Rising customer adoption owing to awareness about its benefits is driving the market growth.
The expanding wellness culture in the US as well as the growing number of health conscious millennials are driving the growth of market.
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The global Omega 3 fatty acid market size was valued at approximately USD 4.1 billion in 2023 and is projected to reach USD 7.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2032. This impressive growth is driven by increasing consumer awareness about the health benefits of Omega 3 fatty acids, which play a critical role in brain function, heart health, and inflammation reduction, amongst other bodily functions.
One of the primary growth factors in the Omega 3 fatty acid market is the increasing incidence of cardiovascular diseases worldwide. With rising concerns regarding heart health, consumers are turning to Omega 3 supplements to reduce their risk of heart attacks, strokes, and other cardiovascular issues. Moreover, Omega 3 fatty acids are known to lower triglyceride levels and blood pressure, which are significant contributors to heart disease. Consequently, the growing health consciousness among global populations is propelling the demand for Omega 3 fatty acids.
Another major driving force behind the market growth is the burgeoning demand for dietary supplements and functional foods. As people become more health-conscious, there is a significant shift towards preventive healthcare. Omega 3 fatty acids, being potent anti-inflammatory agents, are incorporated into various dietary supplements and functional foods, enhancing their marketability and consumer appeal. The increased adoption of a health-centric lifestyle, especially among millennials and the geriatric population, further bolsters the market growth.
Furthermore, the expanding research and development activities in the pharmaceutical industry are contributing to market expansion. Omega 3 fatty acids have gained significant traction for their therapeutic properties, leading to their inclusion in various pharmaceutical formulations for treating conditions such as depression, anxiety, and rheumatoid arthritis. Studies demonstrating the efficacy of Omega 3 fatty acids in improving mental health and cognitive functions are also spurring their demand in pharmaceutical applications.
The increasing popularity of Marine Omega-3 Products is a testament to the growing consumer demand for high-quality, sustainable sources of Omega 3 fatty acids. Derived from fish oil and krill oil, these products are rich in EPA and DHA, which are essential for maintaining heart and brain health. The marine-derived Omega 3 products are particularly favored for their high bioavailability and proven health benefits, making them a preferred choice among health-conscious consumers. As awareness of the ecological impact of overfishing grows, companies are investing in sustainable fishing practices and innovative extraction technologies to ensure a steady supply of marine Omega 3 products. This focus on sustainability not only addresses environmental concerns but also enhances the market appeal of marine Omega 3 products, catering to the increasing consumer preference for eco-friendly and ethically sourced supplements.
From a regional perspective, North America holds a dominant position in the Omega 3 fatty acid market, attributed to the high awareness levels and considerable disposable income of consumers. Europe follows closely, with increasing healthcare expenditures and a strong inclination towards preventive healthcare. The Asia Pacific region exhibits the highest growth potential, driven by rapid urbanization, rising income levels, and increasing health consciousness among the population. The Middle East and Africa, and Latin America, although smaller markets, are also witnessing steady growth due to improving healthcare infrastructures and growing awareness of Omega 3 benefits.
The Omega 3 fatty acid market can be segmented based on the source into marine, plant, and others. Marine sources, including fish oil and krill oil, dominate the market due to their high concentration of DHA (Docosahexaenoic Acid) and EPA (Eicosapentaenoic Acid), which are crucial for various bodily functions. Fish oil, in particular, has been extensively studied and proven to offer numerous health benefits, making it a popular choice among consumers. The extensive availability and relatively low cost of fish oil further contribute to its market dominance.
Plant-based sources of Omega 3, including flaxseeds, chia seeds, and walnuts, are gaining traction, especially among vegan and vegetarian popul
Macadamia Market Size 2025-2029
The macadamia market size is forecast to increase by USD 1.14 billion, at a CAGR of 10.1% between 2024 and 2029.
The market is experiencing significant growth due to several key trends. One of the primary drivers is the increasing preference for vegan snacks among millennials. This demographic group is increasingly seeking plant-based alternatives to traditional snacks, leading to an increase in demand for macadamia nuts and macadamia nut-based products. Another trend contributing to market growth is the rising number of macadamia nut snack launches.
Companies are capitalizing on the unique taste and nutritional benefits of macadamia nuts to introduce innovative snack offerings. However, it is essential to note that macadamia nuts are potential sources of allergens, which could pose a challenge for some consumers. Overall, these trends are expected to continue shaping the growth of the macadamia nut market in the coming years.
What will be the Size of the Market During the Forecast Period?
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Macadamias, a popular type of nut, have gained significant attention in the food industry due to their numerous health advantages. Macadamia oil, derived from nuts, is a valuable ingredient in various food applications, including baked goods, desserts, and savory dishes. Macadamia kernels, whether in paste or kernel form, serve as excellent protein sources, making them an ideal choice for individuals following vegan diets. The market caters to diverse consumer preferences, with both organic and conventionally processed nuts available. Health-conscious consumers, particularly millennials, are drawn to the nut's healthy fats, proteins, and vitamins, making macadamias a sought-after ingredient in the health food sector. Macadamias offer a rich nutritional value, providing healthy monounsaturated and polyunsaturated fats, essential minerals, and a good amount of protein. Their subtle flavor and versatility make them a popular choice for various food applications, from baking to cooking.
Despite their numerous benefits, macadamias face limited availability in certain regions due to their growing conditions, which primarily include Queensland and a few other tropical locations. However, negative associations with macadamias, such as high calorie content and allergy concerns, may hinder their widespread adoption. Macadamia oil, in particular, is gaining popularity due to its high smoke point and mild flavor, making it a preferred choice for cooking and baking applications. The nut's organic processing ensures the retention of its nutritional value and flavor, adding to its appeal among health-conscious consumers.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Conventional
Organic
Distribution Channel
Offline
Online
Geography
APAC
China
India
Japan
Vietnam
North America
Canada
US
Europe
Germany
France
Middle East and Africa
South America
By Type Insights
The conventional segment is estimated to witness significant growth during the forecast period.
The conventional macadamia nut segment experienced notable growth in the global market in 2024. Conventional macadamia nuts are widely accessible and cost-effective due to their larger production scale and shorter production process compared to sustainably grown or organic nuts. These nuts typically have a longer shelf life, achieved through preservatives or other chemical treatments. The versatility of macadamia nuts, used in various applications such as edible oil, snacks, confectioneries, desserts, cosmetics, and bakeries, has fueled the demand for processed macadamia nuts worldwide. The increasing preference for healthier snacking options and growing awareness of macadamia nuts' health benefits are key factors driving the demand for conventional macadamia nuts.
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The conventional segment was valued at USD 1.18 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 51% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in APAC held a significant revenue share in 2024, driven by the increasing health consciousness among consumers and the rising preference for plant-based alternatives to dairy products. Factors such
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The global pipe tobacco market is expected to grow at a CAGR of 3.8% from 2025 to 2033, reaching a market size of 76 million value units by 2033. Factors driving the market growth include increasing popularity of pipe smoking among millennials and affluent consumers, rising disposable income, and growing awareness of the health benefits associated with pipe smoking compared to cigarettes. However, factors such as increasing government regulations on tobacco products, rising health concerns, and the introduction of alternative nicotine delivery systems are expected to restrain market growth. In terms of segmentation, the market is divided based on application, type, and region. By application, the online store segment is expected to dominate the market during the forecast period, owing to the convenience and accessibility it offers to consumers. By type, the air-cured tobacco segment is expected to hold the largest market share, followed by the fire-cured tobacco segment. Regionally, North America is expected to account for the largest share of the market, followed by Europe and Asia Pacific.
Beauty Drinks Market Size 2024-2028
The beauty drinks market size is forecast to increase by USD 235.6 million at a CAGR of 4.37% between 2023 and 2028. The market is experiencing significant growth due to several key factors. The increasing prevalence of premature aging and the resulting demand for anti-aging products, such as those that promote detoxication, radiance, and vitality, are driving market growth. Furthermore, the growing popularity of beauty drinks among millennials, who prioritize health and wellness, is contributing to market expansion. Collagen-based drinks have emerged as a popular choice for beauty-conscious people looking for nutri-cosmetic solutions. Additionally, the adoption of popular alternatives to traditional beauty products, such as those that address wrinkles, fine lines, and age spots, is fueling market demand. Consumers are seeking convenient and effective solutions to maintain a youthful appearance, leading to increased confidence in the market.
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The market is witnessing a significant shift towards nutricosmetics, a subcategory of functional food and beverages that offers health benefits for the skin and overall appearance. This trend is particularly popular among millennials and Generation Z, who prioritize healthy living and are increasingly seeking innovative ways to enhance their skin health.
In addition, these drinks contain collagen peptides and tripeptides, which are essential for maintaining healthy skin. Collagen is a natural protein that provides structure to the skin, while tripeptides help improve skin elasticity and reduce the appearance of fine lines and wrinkles. Protein and amino acids are also key ingredients in nutricosmetics. They play a crucial role in the production of collagen and elastin, which are essential for healthy skin. Protein-rich foods and beverages, such as collagen-based drinks, provide the body with the necessary nutrients to produce these proteins and maintain healthy skin. Vitamins and minerals are also essential for healthy skin.
Furthermore, many nutricosmetics contain a blend of essential vitamins and minerals, such as vitamin C, which is known for its antioxidant properties and ability to protect the skin from damage. The convenience of beauty shots, or small, easy-to-consume drinks, makes them an attractive option for busy consumers who want to incorporate nutricosmetics into their daily routine. These drinks can be easily purchased online and consumed at any time of the day, making them a popular choice for e-commerce customers. The digitalization of the food and beverages industry has also contributed to the growth of nutricosmetics. Consumers can easily research and purchase these products online, and companies can use digital marketing strategies to reach a wider audience.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Distribution Channel
Offline
Online
Product
Collagen protein
Vitamins and minerals
Fruit extracts
Others
Geography
Europe
Germany
UK
France
North America
US
APAC
China
South America
Middle East and Africa
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period. The market, also known as Nutricosmetics, is experiencing significant growth among Millennials and Generation Z consumers in North America. These demographics are increasingly seeking collagen-based drinks and other nutri-cosmetic solutions, such as collagen peptides and tripeptides, to enhance their beauty from within.
However, the offline distribution channel segment has seen a decline in revenue due to the shift towards online shopping. In response, players are managing their sales through store expansions in local and regional markets. Retailers are also adopting new strategies, such as competitive pricing and wider assortments, to attract customers and remain competitive in the market. In conclusion, the market in North America is witnessing growth due to the increasing preference for nutritional supplements that offer beauty benefits. Manufacturers and retailers are adapting to changing consumer behavior by expanding their reach and implementing new strategies to remain competitive in the market.
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The offline segment accounted for USD 504.00 million in 2018 and showed a gradual increase during the forecast period.
Regional Insights
Europe is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the m
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According to Cognitive Market Research, the global superfood powders market size will be USD 7154.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2861.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2146.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1645.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 357.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 143.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
The fruits is the fastest growing segment of the superfood powders industry
Market Dynamics of Superfood Powders Market
Key Drivers for Superfood Powders Market
Rising Health Consciousness among Consumers to Drive Market Growth
The growing emphasis on health and wellness among consumers is significantly driving the superfood powders market. People are increasingly adopting proactive health management practices, opting for nutrient-rich foods to combat lifestyle-related disorders and boost overall well-being. Superfood powders, known for their concentrated nutrition, have become a preferred choice due to their convenience and versatility. Ingredients like acai, spirulina, and turmeric are particularly popular for their antioxidant, anti-inflammatory, and immune-boosting properties. The COVID-19 pandemic amplified this trend as consumers prioritized immunity enhancement and preventive health measures. Marketing campaigns and endorsements by fitness influencers have further elevated the demand. In 2024, online platforms experienced a surge in superfood powder sales, especially among millennials and fitness enthusiasts. This shift toward health consciousness is expected to sustain market growth in the coming years.
Rising Awareness of Nutritional Deficiencies to Boost Market Growth
Growing awareness of nutritional deficiencies is a key driver for the superfood powders market. As more people recognize the impact of micronutrient imbalances on health, they seek dietary solutions to address these gaps. Superfood powders, rich in vitamins, minerals, and antioxidants, provide an accessible and convenient way to improve overall nutrition. Global health organizations and campaigns have played a vital role in raising awareness. For example, in 2024, WHO initiatives highlighted the importance of natural supplements like moringa and baobab powder to combat malnutrition in low-income regions. Additionally, rising cases of deficiencies, such as vitamin D and iron, have encouraged consumers to explore superfood options. The increasing adoption of preventive health practices, coupled with growing availability of tailored products, is set to sustain market growth in this segment.
Restraint Factor for the Superfood Powders Market
Regulatory Challenges Regarding Health Claims to Limit Market Growth
The superfood powders market faces significant regulatory hurdles due to strict guidelines on health claims. Authorities like the U.S. FDA and the European Food Safety Authority (EFSA) require manufacturers to provide scientific evidence to support claims such as "boosts immunity" or "improves digestion." These stringent requirements increase compliance costs and prolong product approval timelines, hindering market entry for smaller players. In 2024, several brands faced penalties for misleading marketing, emphasizing the risk of reputational damage. The lack of globally standardized regulations further complicates operations for companies looking to expand across regions. For instance, permissible claims in one country may be restricted in another, creating inconsistencies in marketing strategies. Such challenges discourage innovation and may limit consumer trust, ultimately slowing market growth despite the increasing demand for functional, ...
Many Generation Z consumer in the U.S. were interested in consuming food with different benefits in 2021. According to the report, 20 percent of Gen Z consumers chose food with either calming and relaxing benefits or focus-enhancing benefits.