Food and Services Industry - Market Research Report

In 2023, the global   plant-based yogurt market   was valued at around USD 3.08 billion, and it is forecast to expand to about USD 7.53 billion by 2030, reflecting a compound annual growth rate (CAGR) of 13.9 % over the 2024–2030 period. This growth is underpinned by shifting consumer preferences toward dairy-free products, rising lactose intolerance, increasing health consciousness, and a growing emphasis on sustainable and cruelty-free food choices. Key Market Trends & Insights The plant-based yogurt market is shaped by several distinct trends: Dairy Alternatives & Health Orientation:  As consumers—especially millennials and Gen Z—seek dairy-free and low-lactose options, demand for plant-based yogurts is rising. Many prefer “clean label” and natural ingredient profiles, boosting innovation in formulations. Ingredient Diversification:  While soy remains a dominant base, oat, almond, coconut, and pea protein formulations are gaining share, offering varied tex...

The global   plant-based bars market   was valued at USD 2.73 billion in 2022 and is forecasted to reach USD 7.80 billion by 2030, growing at a compound annual growth rate (CAGR) of 14.0% during the period from 2023 to 2030. The rise is largely driven by increasing consumer focus on health and wellness. Key Market Trends & Insights In 2022, Europe held the dominant position in global plant-based bars, with revenue share exceeding 35%. Within Europe, the UK accounted for the largest share. Among different types of products, protein bars led the market in 2022, also capturing over 35% of market revenue. Of all the plant-based bars, the organic segment is expected to post the fastest growth, with a projected CAGR of 22.4% from 2023 to 2030. In terms of where people buy these bars, hypermarkets & supermarkets were most significant in 2022, holding the dominant position among distribution channels. Market Size & Forecast Market size in 2022: USD 2.73 billion Estimated m...

In 2021, the global   pineapple juice market   was valued at USD 2.37 billion and is forecasted to grow to USD 4.10 billion by 2028, reflecting a compound annual growth rate (CAGR) of 8.1% between 2022 and 2028. The primary driver behind this expansion is the rising consumer preference for fruit juices, thanks to their perceived health advantages. Key Market Trends & Insights In 2021, North America accounted for over 35% of the global pineapple juice market share, making it the largest regional contributor. The Asia Pacific region is the fastest-growing market, projected to expand at a CAGR of 9.4% from 2022 to 2028. By packaging type, tetra pak cartons held over 45% of total revenue in 2021, and this segment is expected to post the fastest growth at a CAGR of 9.7% through 2028. Regarding distribution, offline channels dominated in 2021 with approximately 80% share. Beyond these, evolving lifestyles, growing health awareness, and demand for convenient, nutritious beverage ...