Fish Oil Market Various Health Benefits Associated with Fish Oil is expected to Escalate Fish Oil Market Growth During 2021–2028
According to our latest market study, titled "Fish Oil Market Forecast to 2028 – COVID-19 Impact and Global Analysis – By Species Type (Blue Whiting, Anchoveta, Sardine, Capelin, and Others) and Application (Pharmaceuticals, Animal Nutrition and Pet Food, Aquaculture, Dietary Supplements, and Others)," the fish oil market size was valued at US$ 2,087.39 million in 2021 and is projected to reach US$ 3,178.28 million by 2028. It is expected to grow at a CAGR of 6.2% from 2021 to 2028. The report highlights key factors driving the fish oil market growth and prominent players and their progress in the market.
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Fish oil is derived from various species of fish. The fish oil is derived from small, pelagic fish, such as sardines, mackerel, and anchovy, and are being increasingly used in pharmaceuticals and dietary supplement industries.
Fish oil is associated with various health benefits and helps in reducing the risk of cardiovascular diseases, lowers blood pressure, and slows the buildup of atherosclerotic plaques. Fish oil is also considered one of the valuable nutrients for both humans and livestock. Fish liver oil and fish body oil are the two types of fish oil.
Fish oil is a rich source of Omega-3 fatty acids and includes the presence of vitamins and minerals, such as vitamin A and vitamin D, which are essential for the human body. In addition, the DHA present in fish oil improves memory and cognitive function and plays an important role in the development of an infant's brain. Thus, such health benefits are aiding the fish oil market growth across the world.
Pesquera Exalmar S.A.A.; Omega Protein Corporation; Pelagia AS; Copeinca; Coplex International S.A.C; Triplenine; FF Skagen A/S; DSM; Croda International PLC; and BASF SE are some of the well-established players in the fish oil market.
Impact of COVID-19 Pandemic on Fish Oil Market Growth
The COVID-19 pandemic negatively impacted the food and beverage industry with the shutdown of manufacturing facilities, difficulty in procuring raw materials, and restrictions on logistic operations. The disruptions in the supply of raw materials to manufacturers hampered fish oil production. However, during the pandemic, the demand for fish oil increased due to the rising trend of healthy food consumption. The increased focus of consumers on their health due to the COVID-19 pandemic is also aiding the fish oil market demand, which is expected to support its recovery over the forecast period.
The "Global Fish Oil Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the trend analysis of the global fish oil market. The report aims to provide an overview of the market with detailed market segmentation. The fish oil market is segmented based on species type, application, and geography. Based on the species type, the market is bifurcated into blue whiting, anchoveta, sardine, capelin, and others. Based on the application, the fish oil market is bifurcated into pharmaceuticals, animal nutrition and pet food, aquaculture, dietary supplements, and others. Based on the geography, the fish oil market is segmented into five main regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America.

Hard Seltzer Market Rising Demand for Low Calorie and Low ABV Content Beverages to Boost Hard Seltzer Market Growth

According to our latest market study on “Hard Seltzer Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Flavor (Citrus Fruits, Berries, Tropical Fruits, and Others), Packaging Type (Bottles and Cans), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others),’’ the market is projected to reach US$ 4,355.46 million by 2028 from US$ 2,500.82 million in 2021; it is expected to grow at a CAGR of 8.2% from 2021 to 2028.

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Hard seltzer is a flavored carbonated combined beverage containing alcohol. It is also known as spiked seltzer, alcoholic seltzer, or hard sparkling water. Low calorie content is adding to the popularity of hard seltzers amongst health-conscious consumers. Furthermore, hard seltzers have alcohol content ~5% by volume, which is much lower than other alcoholic beverages, such as wine and spirits. Hard seltzers are available in different flavors, such as citrus fruits, tropical fruits, and berries.

Consumers are rapidly substituting beers and spirits with hard seltzers as they are low-calorie, low-sugar, and low-ABV (i.e., alcohol by volume) products. Hard seltzers are often made with natural flavors and extracts and contain no sugar. Moreover, hard seltzers have low ABV content, which further drives their popularity as consumers attempt to minimize their alcohol. Furthermore, as customers have become more conscious about ingredients used in products, hard seltzers brands are promoting their products by emphasizing low sugar and calorie content. For instance, White Claw offers a line of hard seltzers of only 70 calories.

The key players operating in the global hard seltzer market include Anheuser-Busch INBEV; Constellation Brands, Inc; Heineken N.V.; Kona Brewing Co.; Kopparberg; Lift Bridge Brewing Co.; Mark Anthony Brands International; Molson Coors Beverage Company; Oskar Blues; and The Boston Beer Company; among others.

Impact of COVID-19 Pandemic on Hard Seltzer Market
The COVID-19 pandemic brought unprecedented challenges for many sectors, including the food and beverages sector. Lockdowns, border restrictions, travel bans, manufacturing unit shutdown, and other safety protocols by governments of different countries disturbed the operations of manufacturing companies. However, the trends for alcoholic beverages consumption changed drastically during the COVID-19 pandemic. in 2020, people in many countries were compelled to stay home due to strict lockdowns. Moreover, the corporate sector also announced work from home mandates. Additionally, the bar visits of people decreased as the bars remained shut. Owing to all these factors, people preferred in-home consumption of alcoholic beverages, and thus, the demand for alcoholic beverages remained steady during lockdown periods. Moreover, due to rising health concerns, people preferred the consumption of low-ABV beverages, which created a significant demand for hard seltzers. The rising pace of vaccination across developed and developing countries is providing growth opportunities for the hard seltzer market players.

Vegan Cheese Market Rising cases of lactose intolerance among the consumers to boost the vegan cheese market to escalate to escalate the vegan cheese market growth at CAGR of 7.1%

According to our latest market study on "Vegan Cheese Market Forecast to 2027 – COVID-19 Impact and Analysis- by Product Type (Mozzarella, Parmesan, Cheddar, Cream Cheese, Ricotta, Others); Form (Slices, Diced/Cubes, Shredded, Blocks, Spreads, Others); Source (Almond Milk, Soy Milk, Coconut Milk, Cashew Milk, Others); Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, Online, Others), and Geography," the market is accounted for US$ 2,705.00 million in 2019 and is expected to grow at CAGR of 7.1% during the forecast period 2020 – 2027, to account for US$ 4,651.68 million by 2027. The report highlights key factors driving the market growth and the prominent players along with their developments in the market.

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Vegan cheese is prepared using plant-based ingredients instead of the traditional animal-based products. Vegan cheese is rich in proteins, calcium, vitamins, and has a high nutritional profile. There has been an increasing demand for vegan cheese owing to the change in eating patterns of the consumers all over the world. The low cholesterol level of the vegan cheese has been the prime factor that helps in the prevention of cardiovascular disease. Development in new products like microorganism-cultured vegan cheese is expected to provide lucrative opportunities to the vegan cheese market in the coming years.

Based on source, the vegan cheese market is categorized into almond milk, soy milk, coconut milk, cashew milk, and others. In 2019, the almond milk segment dominated the market by accounting for major share of the total market share. The almond milk base is highly in demand as the consumers believe that it is healthier as it contains higher concentration of nutritional compounds. Scientific studies have shown that almond milk consumption is known to reduce the risk of cardiovascular diseases and hence has been recommended by consumers globally. Thus, the high nutritional profile of almond milk has been one of the major contributing factors for its source base in the vegan cheese production.

Lactose intolerance is the consumer's incapacity to digest significant amounts of lactose present in milk and milk products. The demand for lactose-free food products such as vegan cheese is driven by increased incidences of food allergies and intolerances. Consumers with lactose intolerance fail to break down all the lactose into its absorbable components, glucose, and simple sugars galactose. Instead, the lactose particles pass through the gastrointestinal tract intact and cause intolerance symptoms. These symptoms include abdominal pain, cramping, bloating, gas (flatulence), and diarrhea gurgling sounds in the digestive system, borborygmic. The North American region has experienced a rising amount of lactose intolerance that has favored the rise and expansion of the vegan cheese market and has been estimated to grow in the coming years.

North America vegan cheese market is expected to grow at the highest CAGR during the forecast period. The US is dominating the regional market, followed by other countries such as Canada and Mexico. Consumers in countries such as the US and Canada are shifting their preferences toward a healthy lifestyle and prefer products that provide health benefits. Therefore, the increasing health concern among consumers drives the growth of the vegan cheese market in North America. Also, vegan cheese product manufacturing companies in North America are continuously enhancing their product portfolio to meet the customers' demand. Most of the consumers in North America are apprehensive about going vegan since they have found it difficult to eliminate cheese from the favourite foods items.

Fruit Snacks Market Growing Demand for Convenience Food Items to Escalate Fruit Snacks Market Growth

According to our latest market study on “Fruit Snacks Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (Sweets and Savoury, Beverages, Dairy, and Others), Fruit Family (Apple, Mango, Banana, Pineapple, Berry, Mixed, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailing, and Others),” the market was valued at US$ 5,057.87 million in 2019 and is projected to reach US$ 9,174.86 million by 2027; it is expected to grow at a CAGR of 7.8% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players, along with their developments, in the market.

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Fruit snacks are processed and sugar-rich confectionery food, especially meant for children. The main ingredient in these snacks is refined sugar, extracted from white grape juice and apple juice. These snacks are similar to the gummy candies and come in several flavors such as strawberry, raspberry, orange, and white grape. Fruit snacks are full of nutritional content as they contain essential nutrients such as potassium, vitamins, magnesium, and fiber, which help mitigate cardiovascular diseases, high blood pressure, and obesity.

Surging demand for fruit snacks is attributed to the rise in purchasing power, and growing consumer preference toward healthy and ready-to-eat convenience food items. Further, with the growing food & beverages industry and improving economic conditions, consumers globally are inclined toward convenience foods. Consumers prefer fresh and less processed ready-to-eat products that are equally healthy and nutritious. With the expansion of distribution channels, convenience foods have found a shelf in the supermarkets and retail outlets. Additionally, the change in working demographics and busy lifestyles are among the other factors promoting the demand for convenience food items. Besides, major companies are coming up with the improved quality of fruit snacks and approaching efficient distribution channels to serve the broader customer base.

Bare Snacks; Crispy Green Inc.; General Mills Inc.; Ferrero; Mount Franklin Foods, LLC; Nutty Goodness, LLC ; Seneca Foods; Sunkist Growers, Inc.; SunOpta; and Welch's are among the well-established players in the fruit snacks market.

Impact of COVID-19 Pandemic on Fruit Snacks Market

The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. As of December 2020, the US, India, Brazil, Russia, France, the UK, Italy, Spain, Argentina, Colombia, Germany, and Mexico are among the worst-affected countries by this pandemic. The pandemic has affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns. Food and beverages is one of the world’s major industries suffering severe disruptions such as supply chain breaks, technology events cancellations, and office shutdowns due to the pandemic crisis. The lockdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has disturbed the global supply chains, and manufacturing, delivery schedules, and product sales. Also, the travel bans imposed by countries in Europe, Asia, and North America are affecting business collaborations and partnership opportunities. With the adverse effect on the food and beverages industry, the COVID-19 pandemic restraining the growth of various markets related to this industry.

Coconut Products Market Heath Benefits of Coconuts to Escalate Coconut Products Market at 12.5%CAGR during 2019–2027

According to our latest market study on “Global Coconut Products Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (Coconut Cream, Coconut Milk, Coconut Water, Coconut Sugar, Coconut Oil, Coconut Grated/Shredded, Coconut Desiccated, and Others), Application (Food, Beverage, and End Consumers), and Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Online Retail, and Others); and Geography,” the market was valued at US$ 10,627.83 million in 2018 and is projected to reach US$ 30,587.53 million by 2027; it is expected to grow at a CAGR of 12.5% from 2019 to 2027.The report highlights key factors driving the market growth and prominent players along with their developments in the market.
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Coconuts are highly nutritious as they are high on fibers; vitamins C, E, B1, B3, B5, and B6; and minerals such as sodium, iron, calcium, magnesium, phosphorous, and selenium. Coconut products, i.e., products extracted or derived from coconuts, improve cardiovascular health, promote blood sugar control, aid in weight loss, and boost brain function in Alzheimer's disease. Coconut water boosts kidney health, provides a cardio-protective effect, offers rehydrating effect post-exercise, aids in maintaining blood pressure levels, and aids in diabetes management. Additionally, increase in demand for coconut products such as coconut milk, coconut water, and desiccated coconut in the food & beverages industry is one of the major factors driving the market.

Food and beverage manufacturers worldwide have invested heavily in research and development to utilize coconut products to enhance the characteristics, taste, or nutritional value of their products. Consumers in developed countries are focused on fitness and health. Active and health-conscious consumers have shifted their preference toward natural alternatives to caffeinated and sugar-based energy drinks. Thus, the demand for coconut water as a natural energy drink is growing rapidly due to its nutritional properties, such as electrolytes and nutrients. Therefore, increasing health awareness, coupled with the advantages of coconut products, is driving the growth of the global coconut products market.

Coconut products are perceived to be among the healthiest ingredients used in bakery and confectionery, beverages, dairy and frozen desserts, and sweet and savory snacks. Coconut products contain high quantities of saturated fats that are harmless to the human body. Coconut contains medium-chain triglycerides, which are medium-length fatty acids. These fatty acids are absorbed differently by the human body and are directly sent to the liver from digestive tract, where they are converted into ketone bodies. These metabolites have therapeutic effects on brain disorders such as Alzheimer’s disease and epilepsy. Coconut is a rich source of dietary fiber that helps in slow digestion and improves insulin resistance, which further helps in regulating blood sugar levels. The dietary fibers in coconut slow down the release of glucose in the body and transport it to cells for energy conversion processes. This action assists in relieving stress on the enzyme systems and pancreas, which reduces the risk of developing diabetes. Additionally, coconut contains protein, minerals, and B vitamins, in small amounts. Coconuts are the rich source of manganese, which is essential for bone and teeth health, and protein, carbohydrate, and cholesterol metabolism. Regular consumption of coconut improves the body’s ability to absorb manganese and calcium, which is vital for bone development and can also help prevent osteoporosis.

Marico, PepsiCo Inc., The Coca-Cola Company, The Coconut Company, Nexpo Conversion, Danone S.A., Nestle S.A., Sambu Group, THAI Agri Food Plc., and Thai Coconut Public Company Limited are among the well-established players in the global coconut products market.

Impact of COVID-19 Pandemic on Coconut Products Market
The COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace worldwide. As of July 2020, the US, Brazil, India, Russia, Peru, South Africa, Mexico, and UK are among the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food & beverages is one of the major industries facingserious disruptions such as office and factory shutdown, supply chain breaks, and technology event cancellations, as a result of this outbreak.