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.

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.

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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.

What will be the Size of the Hummus Market During the Forecast Period?

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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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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

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.

United States Energy Drink Market trends, Drivers, Restraints, and Opportunities

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  Rising customer adoption owing to awareness about its benefits is driving the market growth.

  
  


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  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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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.

What will be the Size of the EPharmacy Market During the Forecast Period?

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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

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, ...

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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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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.

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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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Sugar Free Carbonated Drinks Market Size 2024-2028

The sugar free carbonated drinks market size is forecast to increase by USD 10.9 billion at a CAGR of 6.34% between 2023 and 2028.

The sugar-free carbonated drinks market is experiencing significant growth, driven by several key trends. The increasing influence of online retailing is one such trend, as more consumers turn to e-commerce platforms for convenience and ease of access. Another trend is the rising consumption by millennials, who are increasingly health and wellness conscious and prefer sugar-free options. Additionally, stringent regulations and the need for health claim validations are pushing manufacturers to produce sugar-free carbonated beverages. These factors are expected to drive market growth In the coming years. The market analysis report provides an in-depth examination of these trends and their impact on the market, offering valuable insights for stakeholders.

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The sugar-free carbonated drinks market caters to health-conscious consumers seeking low-calorie and no-calorie alternatives to traditional sugary beverages. With rising concerns over obesity, high blood sugar, and associated health risks, the demand for sugar substitutes in carbonated drinks has moved. Artificial sweeteners such as aspartame, saccharin, sucralose, neotame, and stevia have gained popularity as sugar alternatives In the production of sugar-free carbonated beverages. Consumers, particularly those with diabetes or weight reduction goals, are increasingly opting for zero-calorie drinks as a healthy substitute.
However, consumer skepticism towards artificial sweeteners and a growing preference for natural ingredients have led some manufacturers to explore stevia and other natural sweeteners. The sugar-free carbonated drinks market is expected to continue growing, driven by increasing health consciousness and the desire for tasty, low-sugar beverage options.

How is this 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 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Off-premise
  On-premise


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Distribution Channel Insights

The off-premise segment is estimated to witness significant growth during the forecast period. The sugar-free carbonated drinks market primarily relies on offline distribution channels, including specialty stores, hypermarkets, supermarkets, convenience stores, and pharmacies. These retail formats contribute significantly to the market's revenue, as they offer a wide selection of products and competitive pricing through discounts and promotions. Hypermarkets, supermarkets, and department stores are key revenue generators due to their extensive product offerings. Sugar-free carbonated beverages, such as diet sodas, zero-calorie drinks, and low-carb options, cater to health-conscious consumers seeking alternatives to sugary drinks due to lifestyle diseases like obesity, high blood sugar, and diabetes. Artificial sweeteners, including aspartame, saccharin, sucralose, neotame, and stevia, are commonly used in sugar-free carbonated drinks.

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The off-premise segment was valued at USD 18.80 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 27% 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. The North American market for sugar-free carbonated drinks is projected to expand substantially due to the increasing health consciousness among consumers. Obesity and diabetes, which are linked to high sugar consumption, are prevalent health issues In the region. According to the World Health Organization (WHO), approximately 3.8 million deaths In the US in 2021 were attributed to these conditions.

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Moreover, to mitigate these health risks, consumers are turning to sugar-free carbonated beverages as a healthier alternative. These drinks, which come in various flavors such as cola, lime, orange, lemonade, and carbonated water, are available as low-calorie, no-calorie, and low-carb options. Sweeteners like Aspartame, Saccharin, Sucralose, Neotame, Stevia, and others are used instead of sugar.

Market Dynamics

Our researchers analyzed the

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Vegan Yogurt Market Size 2024-2028

The vegan yogurt market size is forecast to increase by USD 7.19 billion at a CAGR of 23.31% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. Firstly, the frequent launch of new vegan yogurt varieties is attracting a large consumer base. Secondly, the increased online availability of vegan products caters to the convenience of consumers. Lastly, stringent rules and regulations related to food safety standards ensure the production of high-quality vegan yogurt. These factors are driving the growth of the market. 
Additionally, the increasing awareness of animal welfare and ethical consumption is further boosting market demand. Consumers are becoming more health-conscious and are opting for plant-based alternatives to dairy food, making the market a lucrative opportunity for manufacturers. Overall, the market is expected to witness steady growth in the coming years.

What will be the Size of the Vegan Yogurt Market During the Forecast Period?

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The plant-based yogurt market has experienced significant growth due to increasing consumer awareness of environmental sustainability and health benefits. With the evolution of vegan alternatives to traditional dairy products, such as milk-based yogurt, the market now offers a wide range of options including those made from almonds and soy.
Fruit-flavored varieties dominate the market, catering to the taste preferences of consumers, particularly millennials. These products not only provide advanced flavor profiles but also offer nutritional value, including probiotics and nutrients that support gut bacteria, healthy lifestyles, and various dietary needs. As more consumers shift away from dairy-based products due to lactose intolerance, milk allergies, and concerns over cholesterol and blood sugar levels, the labeling of products as vegan has become increasingly important.
Organic substances and advanced nutritional properties, such as protein, are also key factors driving market growth. Additionally, the emergence of plant-based alternatives to dairy in other categories, such as vegan ghee and plant-based meat, further highlights the potential for continued growth in the market.

How is this Vegan Yogurt Industry segmented and which is the largest segment?

The vegan yogurt industry 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.

Product Type

  Almond-based
  Soy-based
  Coconut-based
  Others


Distribution Channel

  Offline
  Online


Geography

  North America

    US


  Europe

    Germany
    France


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Product Type Insights

The almond-based segment is estimated to witness significant growth during the forecast period.

The market, specifically the almond-based segment, is experiencing significant growth due to increasing consumer preference for plant-based nutritional options and the rise of dairy-free diets. Almond yogurt is particularly popular due to its health benefits, including a high vitamin E content that promotes skin health and boosts immunity, as well as a lower calorie count compared to traditional dairy products. The accessibility and nutritional advantages of almonds contribute to the increasing demand for almond-based yogurts. This segment caters to health-conscious consumers and those with lactose intolerance, offering a creamy texture and rich flavor similar to conventional yogurt without the dairy-related issues. The market growth is driven by the millennial demographic, who prioritize ethical and sustainable food choices, and the growing awareness of the health benefits of plant-based diets.

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The Almond-based segment was valued at USD 484.50 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 36% 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 North America experienced significant growth in 2023, holding the largest share due to increasing consumer preference for plant-based food products. Animal welfare concerns and the environmental impact of dairy production are major drivers for this trend. The US, Canada, and Mexico are key markets for vegan food products, with expanding vegan populations and heightened awareness of the health benefits of plant-based diets

The survey shows how many consumers order dessert once a week or more, by age group. In the age group 45 to 54 years, 33 percent of respondents ordered dessert at least once a week.

Restaurant desserts - additional information

In 2012, 39 percent of U.S. consumers ate dessert at least once a week. With 45 percent of those between the ages of 18 and 24 years and almost half of those aged 25 to 34 years eating dessert at least once a week, Millennials were the generation most likely to eat dessert this often. Consumers aged 65 and over were the least likely to eat dessert once a week or more often. Pie was a favorite dessert of both men and women in 2012, but cheesecake was the most popular with women – 33 percent of women ordered cheesecake in restaurants at least once per month.

The leading dessert trend on restaurant menus in 2014 was hybrid desserts, such as the “Cronut.” The Cronut, invented by Dominique Ansel Bakery in New York City in 2013, is a combination of a doughnut and a croissant. Other leading trends included savory desserts, deconstructed classics and desserts with bacon. Unsurprisingly, dessert was the meal for which U.S. consumers were least likely to want a healthy option, after snacks.

The total number of menu items in the leading five hundred restaurant chains decreased by 7.1 percent from 40,658 in 2013 to 37,770 in 2014. Desserts had the third largest decrease after entrees and appetizers with 7.5 percent.

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Sports And Energy Drinks Market Size 2024-2028

The sports and energy drinks market size is forecast to increase by USD 106.7 billion at a CAGR of 13.52% between 2023 and 2028.

The market is experiencing significant growth, driven by increasing consumer preferences for functional beverages and the rising number of health and wellness conscious consumers, particularly among millennials. This demographic is fueling market expansion with their active lifestyles and demand for convenient, on-the-go beverage solutions. Additionally, the market is benefiting from the trend toward more functional drinks, as consumers seek alternatives to traditional sugary drinks. However, challenges persist, including growing concerns over obesity and the potential health risks associated with excessive consumption of these beverages. Companies operating in this market must navigate these challenges by offering healthier options, transparent labeling, and effective marketing strategies to capitalize on the market's opportunities. Overall, the market presents significant growth potential for businesses that can effectively address consumer demands and navigate regulatory and health concerns.

What will be the Size of the Market during the forecast period?

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The market encompasses a diverse range of functional beverages designed to enhance physical performance and provide energy boosts. These beverages, which include sports drinks fortified with electrolytes and energy drinks containing caffeine and organic sugar, have gained significant popularity among consumers seeking to optimize their health and fitness routines. Market size is substantial, with sales continuing to grow due to increasing consumer awareness and demand for convenient, on-the-go hydration solutions. Key market trends include the rise of B2C enterprises and ecommerce platforms, enabling easy access to these products for consumers worldwide. Additionally, international institutions and trade associations are driving research and development efforts to create innovative, functional beverages catering to various dietary preferences, such as keto, paleo, and plant-based diets.
Vitamins and minerals are increasingly incorporated into these beverages, further expanding their appeal to health-conscious consumers. Overall, the market is a dynamic and evolving industry, poised for continued growth and innovation.

How is this Sports And Energy Drinks Industry segmented?

The sports and energy drinks industry 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.

Type

  Organic
  Non-organic


Product

  Energy drinks
  Sport drinks


Geography

  APAC

    China
    Japan


  North America

    US


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By Type Insights

The organic segment is estimated to witness significant growth during the forecast period. The organic segment of the market is experiencing growth due to increasing consumer preference for natural and organic products. Brands like Runa Organic and Aura Organic offer organic sports and energy drinks that adhere to specific organic certification standards. The demand for these beverages is driven by consumers' heightened awareness of the potential health and environmental benefits associated with organic products. The organic segment of the market has seen consistent growth in recent years, as consumers prioritize natural and organic options.

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The organic segment was valued at USD 53.20 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 42% 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 Asia Pacific (APAC) is experiencing growth due to increasing demand in emerging economies like India and China. Canned and bottled sports and energy drinks are becoming increasingly popular in the region. In 2022, China held the largest market share in APAC, driven by a high consumer preference for these beverages. Key companies in China include Red Bull, Coca-Cola, and Suntory. To expand their reach in APAC, manufacturers are investing in marketing and promotion. For instance, Coca-Cola launched single-serve bottles in India and Indonesia in 2019 to cater to budget-conscious consumers. Energy drinks, electrolytes, and functional beverages are popular categories in the market, with many containing caffeine, sugar, vitamins