Edible Oil & Fats Market to Witness Steady Growth at 7.6% CAGR from 2015 to 2025

The global edible oil and fats market size is expected to reach USD 162.51 billion by 2025, according to a new report by Grand View Research, Inc. Rising popularity of edible oil as a key nutritional constituent on account of its various benefits including improvement in immune system and prevention from cardiovascular disorders is projected to drive the demand.

Rising concerns over glutamic disorders in developed countries including U.S. and Germany is expected to promote the scope of oilseed-based product forms as vegan alternatives for animal fats. Furthermore, changing lifestyle coupled with buyer preference for nutrition enriched food products among middle-class income groups from developing economies such as China, India, and Thailand is projected to increase the usage of edible oils over the next eight years.

Offline channels are projected to lead, accounting for more than 50% of total market share in terms of revenue. Increased concentration of supermarkets in emerging economies such as China, India, Mexico, Brazil, and South Africa is projected to provide the consumers a wide range of options when it comes to edible oils and edible fats.

Access Research Report of Edible Oil & Fats Market @ https://www.grandviewresearch.com/industry-analysis/edible-oil-fats-market

Further key findings from the report suggest:

·       Oil product segment generated revenue exceeding USD 60 billion in 2018. Rising importance of calorie-free products including olive and sunflower as healthier alternatives as compared to animal-based fats is projected to remain a favorable factor over the forecast period

·       Coconut segment is expected to witness a CAGR of 7.4% from 2018 to 2025. The product is expected to gain importance on account of being effective source of amino acids, vitamins, and minerals

·       Asia Pacific led with more than 30% of global market share in terms of revenue in 2018. The high concentration middle-income age groups in key markets including China, India, Bangladesh, and Thailand is expected to assist the region maintain the dominance in near future

·       The edible oil and fats market is highly competitive in nature. Key players include Aceities Borges Pont S.A.; ACH Food Companies, Inc.; ADM; Avena Nordic Grain Oy; and Cargill Inc.

·       Strategic partnerships with the distributors located in emerging economies with significant buyer base is expected to remain a critical success factor for the key market participants in the forthcoming years.

Grand View Research has segmented the global edible oil and fats market on the basis of product, distribution channel, and region:

Edible Oil & Fats Product Outlook (Revenue, USD Million, 2015 - 2025)

·         Edible Oil

·         Edible Fats

Edible Oil & Fats Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

·         Offline

·         Online

Edible Oil & Fats Regional Outlook (Revenue, USD Million, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Cigar & Cigarillos Market is Estimated to Register a Strong CAGR of 3.1% from 2019 to 2025

The global cigar and cigarillos market size is expected to reach USD 21.02 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.1% during the forecast period. Implementation of heavy taxes and increasing price of conventional cigarettes drive the product demand. Increasing number of consumers prefer cigars as they have better reputation and lower price, which is projected to positively influence growth.

The mass segment held major market share of global market owing to the growing popularity of cigars and cigarillos among the young consumers. Moreover, growing number of female consumers in the developed countries is expected to fuel the demand for mass products over the forecast period. However, the premium segment is expected to expand at the highest CAGR over the next seven years. Presence of luxury hotels and bars with cigar lounges, in developed countries, such U.S., U.K., and China have made comeback, thus, the consumption has increased drastically.

The flavored product segment is expected to expand at a CAGR of 3.2% over the forecast period. Many new consumers prefer flavored cigars as the taste is perceived to be better than the natural tobacco flavored products. Moreover, many consumers are migrating from other tobacco products including conventional cigarette to cigar and cigarillos. In addition, many companies have launched various flavored product to attract consumers, fueling the demand.

North America was the largest consumer in the cigar and cigarillos market in 2018. Growing demand for premium products in U.S. has helped the region gain major share. U.S. was the largest consumer in the world, accounting for more than 55% share of overall market. Followed by U.S., Germany and China are the largest markets. Growing number of young billionaires coupled with rising number of cigar lounges are the key factors driving the growth in China.

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Further key findings from the report suggest:

·       In terms of revenue, the premium product segment is projected to ascend at a CAGR of 3.3% over the forecast years

·       The mass product segment led the global market with an overall revenue share of over 82.3% in 2018

·       Flavored segment was valued at USD 4.93 billion in 2018, is projected to exhibit a high CAGR in the next few years

·       North America led the global cigar and cigarillos market in 2018, with 57.0% of revenue share and is projected to continue leading over the forecast period

·       Growing number of young consumers including men and women is further expected to propel the growth

·       The market is highly competitive in nature. Major companies include Altria Group, Inc.; Habanos S.A.; Scandinavian Tobacco Group A/S; Gurkha Cigars; Swisher International, Inc.; Agio Cigars; Swedish Match AB; OETTINGER DAVIDOFF AG; Drew Estate; and Trendsettah USA, Inc.

·       Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to cater to the existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global cigar and cigarillos market on the basis of product, flavor, and region:

Cigar & Cigarillos Product Outlook (Revenue, USD Million, 2015 - 2025)

·         Mass Cigar

·         Premium Cigar

Cigar & Cigarillos Flavor Outlook (Revenue, USD Million, 2015 - 2025)

·         Tobacco/No Flavor

·         Flavored

Cigar & Cigarillos Regional Outlook (Revenue, USD Million, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Paper Products Market to Expand At A CAGR Of 4.43% throughout the Forecast Period

The global paper products market size is expected to reach USD 342.2 billion by 2025 with a CAGR of 4.43%, according to a new report by Grand View Research, Inc. Major factor driving the market includes rising demand for paper packaging in the FMCG, pharmaceutical, and hospitality industries. Growing awareness about the adverse effects of using plastic packaging is also boosting the demand for paper products. The paper packaging application segment accounted for 44.4% of the global market in 2018 and is also expected to witness the fastest CAGR from 2019 to 2025. Leading brands are replacing plastics in their product packaging with paper. For instance, in October 2017, Apple launched iPhone 7 with 84% less plastic content in its packaging than in the packaging of iPhone 6.

Growing hospitality and tourism industry across the globe is further expected to drive the market. Factors like increasing usage of tissue paper in restrooms and dining areas coupled with rising hygiene concerns among consumers are anticipated to augment the product demand. Moreover, increasing number of installations of new equipment by key manufacturers will support market growth. For instance, in May 2017, Georgia-Pacific announced installation proposal of new tissue machine, which is expected to start by 2019. Key manufacturers focus on expanding their product portfolio to capture larger market share and ensure sustainability within the U.S. market. For instance, in November 2018, Cascades Inc. launched a product range named Cascades PRO Signature. The product range includes brands, such as Cascades PRO Tuff Job, which has high absorbing capability and can be reused.

Additionally, capacity expansion has also been a prominent trend within the market. For instance, in March 2018, SOFIDEL, an Italian manufacturer of tissue papers, announced that it would initiate the construction of its second tissue mill at Inola/Oklahoma in U.S. The proposed facility will have a production capacity of 120,000 tons per year. The market is highly competitive with the presence of many private level brands. Some of the major companies in this market are Kimberly-Clark Corporation; Procter & Gamble; Georgia-Pacific; KP Tissue, Inc.; Essity Aktiebolag (publ); Cascades, Inc.; Irving Consumer Products Limited; Clearwater Paper Corporation; and First Quality Enterprises, Inc.

Access Research Report of Paper Products Market@ https://www.grandviewresearch.com/industry-analysis/paper-products-market

Further key findings from the study suggest:

·       In terms of revenue, paper packaging application is projected to ascend at the highest CAGR of 4.98% from 2019 to 2025

·       North America led the global paper products market in 2018 and accounted for 40.8% of the overall market share

·       With increasing disposable income levels in emerging countries like India and South Korea, the APAC regional market is anticipated to witness the highest CAGR from 2019 to 2025

·       The industry is highly competitive with the presence of many local and international companies. Some of the key companies include Kimberly-Clark Corp.; Procter & Gamble; KP Tissue, Inc.; Cascades, Inc.; and Georgia-Pacific

·       These companies focus on new product launch and technological innovations to estimate existing and future demand patterns and to maintain their industry positions

Grand View Research has segmented the global paper products market on the basis of application and region:

Paper Products Application Outlook (Revenue, USD Billion, 2015 - 2025)

·         Printing & Writing

·         Newsprint

·         Paper Packaging

·         Others

Paper Products Regional Outlook (Revenue, USD Billion, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Coconut Products Market to Witness Exponential Growth by 2025

The global coconut products market size is expected to reach USD 105.84 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 17.8% during the forecast period. The market is expected to witness significant growth due to rapidly rising consumption in countries from Europe and North America. Various health benefits and applications of coconut products are anticipated to further fuel the adoption.

Coconut oil accounted for the largest market share owing to its various applications in cosmetics, food and beverages, energy, and oil and gas among other industries. Moreover, manufacturers are also focusing on finding innovative applications of this product. The strictly vegan population prefers coconut milk as one of the alternatives to dairy milk. However, due to a recent study conducted by a Harvard epidemiologist, consumption of coconut oil can be harmful due its high saturated fat content which can increase level of bad cholesterol in the body. In addition to this study, increasing use of other oils like almond and soy is expected to hinder the segment growth. Coconut water is the fastest growing segment owing to the rising awareness regarding its benefits among major European countries. Currently, the product is being used as a substitute to energy drinks like Gatorade. Hence key market players are focusing on the untapped potential benefits of the product to create growth opportunities.

Cosmetics industry was the largest consumer of coconut products in 2018, owing to booming cosmetics market coupled with consumer preference for organic and natural cosmetics. The segment is anticipated to witness the fastest CAGR of 18.1% from 2019 to 2025. Food and beverages industry from Asia Pacific and Central and South America is anticipated to register significant consumption of coconut products. These regions are the major producers of coconut and hence these products are commonly included in daily use. However, due to the availability of many alternatives such as almond oil, soy products, and rice milk among others, this segment is anticipated to grow at a steady pace. Other applications of coconut products are being explored in the textile industry as geo-textiles and in the energy sector as biofuels.

North America held the highest market share in terms of revenue in 2018, due to increasing consumer preference for plant-based products. Europe is anticipated to showcase substantial growth in light of increasing penetration of coconut water uses in this region. Changing consumer preference fueled by high disposable income is another factor propelling the regional market growth.

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https://www.grandviewresearch.com/industry-analysis/coconut-products-market

Further key findings from the report suggest:

·         In terms of revenue, coconut water is projected to ascend at a CAGR of 20.4% over the forecast years

·         Oil segment led the coconut products market due to various applications of the product in healthcare, personal care, cosmetics, and food and beverages

·         China followed by U.S. and Netherlands were the major importers of coconut oil in 2018

·         Major exporters of coconut and its products are Indonesia, Philippines, India, and Brazil. Brazil was the major exporter for the European countries till 2014. However, due to increasing demand, Philippines also exports to European countries on a large scale.

Grand View Research has segmented the global coconut products market on the basis of product, application, and region:

Product Outlook (Revenue, USD Billion, 2015 - 2025)

·         Oil

·         Milk/Cream

·         Water

·         Others

Application Outlook (Revenue, USD Billion, 2015 - 2025)

·         Cosmetics

·         Food & Beverage

·         Others

Regional Outlook (Revenue, USD Billion, 2015 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    Netherlands

·         Asia Pacific

o    China

o    India

·         Central & South America

o    Brazil

• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Cookies Market to Grow at CAGR of 5.3% through 2025

The global cookies market size is expected to reach USD 44.01 billion by 2025 with a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Rising product popularity and increasing demand for on-the-go snacks in developed markets including Germany and U.K. are expected to remain key driving factors for the market over the forecast years. Increasing demand for gluten-free cookies as alternatives to conventional counterparts due to rising concerns regarding glutamic disorders is also offering growth opportunities for the global market.

Rapid urbanization along with increasing disposable income levels in emerging economies, such as China and India, is projected to boost the product demand. Innovative marketing strategies undertaken by major companies in the market to lure new customers will also contribute to the market growth. Manufacturers are focusing mainly on product innovations, in terms of flavors, ingredients, packaging, etc. This factor are is also likely to propel the market development in the next few years.

Access Research Report of Cookies Market@ https://www.grandviewresearch.com/industry-analysis/cookies-market

Further key findings from the study suggest:

·       Bar product segment led the market in 2018 and is expected to maintain its dominance over the forecast period due to increasing popularity of these product forms

·       Online channels are expected to account for more than 19.8% of the global share by 2025 due to increasing popularity of e-commerce sites

·       North America generated a revenue of USD 10.42 billion in 2018. Impulsive purchases by people of all age-groups is projected to remain a favorable factor for the regional market

·       APAC is expected to account for more than 25% of the total revenue by 2025. Changing lifestyle and rising disposable income in emerging countries are likely to open growth avenues for the market

·       Key manufacturers include The Kellogg Company, Nestlé S.A., PepsiCo, Inc.; Britannia Industries Ltd.; The Campbell Soup Company, Mondelēz International, Inc.; Danone S.A.; and Parle Products Private Limited

·       Development of products in chocolate and fruit extract variants is projected to remain one of the key strategies among these manufacturers

Grand View Research has segmented the global cookies market on the basis of product, distribution channel, and region:

Cookies Product Outlook (Revenue, USD Billion, 2015 - 2025)

·         Bar

·         Molded

·         Rolled

·         Drop

·         Others

Cookies Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

·         Offline

·         Online

Cookies Regional Outlook (Revenue, USD Billion, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com