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Hain Celestial Expands Reach of Better-For-You Snacks to Dollar General
Prnewswire· 2025-04-02 13:00
Manufacturer's channel expansion unlocks new opportunities to reach a broader consumer base, enhance market presence HOBOKEN, N.J., April 2, 2025 /PRNewswire/ -- Embracing its "first to mind, first to find" approach, The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, is increasing access to its snack offerings by making them available at Dollar General stores. Hain Celestial’s Garden Vegg ...
Black Rice Industry Growth Forecast 2025-2030: Global Market to Grow by 50% - Increasing Adoption of Plant-Based Diets & Vegetarian Eating Fuels Black Rice Popularity
Globenewswire· 2025-03-21 09:05
Market Overview - The Black Rice Market grew from USD 9.38 billion in 2024 to USD 10.13 billion in 2025, with an expected CAGR of 8.30%, reaching USD 15.14 billion by 2030 [1][13] - Technological advancements and innovative production methods have significantly improved crop yields and nutritional quality of black rice [1] Market Dynamics - Increasing consumer awareness regarding health and wellness is driving demand for products that offer taste and long-term health benefits [2] - Automation and data analytics are being leveraged by market stakeholders to predict crop outcomes and streamline supply chains, enhancing product quality and distribution frameworks [2] Regional Insights - In the Americas, health consciousness and demand for organic products are key drivers of market expansion [4] - Europe, the Middle East, and Africa are experiencing gradual uptake of black rice due to evolving dietary habits and increased disposable incomes [5] - The Asia-Pacific region is transitioning black rice from a niche product to a mainstream staple, benefiting from both traditional culinary practices and modern health trends [6] Key Companies - Notable companies driving market trends include Bgreen Food, Bhu Tatva Agro, and Brijnandan Agro Farmer Producer Company LTD., focusing on sustainable practices and innovative applications [7][8] - Companies like NatureLand Organic Foods and Lotus Foods are recognized for their commitment to organic and sustainable agriculture, enhancing consumer trust [8][9] Recommendations for Industry Leaders - Industry leaders are encouraged to invest in research and development for novel applications of black rice, particularly in nutraceuticals and skincare [11] - Diversifying distribution channels and strengthening online retail presence can significantly increase visibility and sales [12]
Europe Ready to Drink Coffee Market Report 2024: Size and Share Analysis, Growth Trends and Forecasts to 2033
Globenewswire· 2025-03-19 15:43
Core Insights - The Europe Ready to Drink Coffee market is projected to grow from US$ 2.48 billion in 2024 to US$ 4.59 billion by 2033, with a compound annual growth rate (CAGR) of 7.10% from 2025 to 2033 [1][20]. Market Dynamics Growth Drivers - Increasing coffee consumption and busy lifestyles are driving the demand for convenient ready-to-drink (RTD) coffee options [4][5]. - The growing coffee culture in Europe, particularly among younger generations, is leading to a higher demand for specialty and premium coffee products [4][8]. - Health-conscious consumers are seeking healthier RTD coffee options, such as low-calorie and sugar-free alternatives, which are becoming more popular [5][6][10]. - Sustainability concerns are influencing consumer purchasing decisions, with a significant percentage of consumers considering sustainability when making purchases [7]. Challenges - The RTD coffee market faces challenges related to shelf life and preservation, as perishable ingredients can affect flavor and nutritional value [15][16]. - Health and dietary concerns are also significant, as consumers increasingly prefer low-sugar and plant-based options, prompting manufacturers to adapt their product offerings [17][18]. Consumer Preferences - There is a growing demand for diverse flavor profiles in RTD coffee, with consumers seeking unique taste experiences beyond traditional coffee [12][14]. - The trend towards health-conscious choices is leading to the inclusion of functional additives like proteins and vitamins in RTD coffee products [11]. Company Analysis - Key players in the European RTD coffee market include Arla Foods amba, Crediton Dairy Ltd, Emmi AG, illycaffe S.p.A., Luigi Lavazza S.p.A., Nestle S.A., PepsiCo, Inc., Rauch Fruchtsafte GmbH & Co OG, Sodiaal Union, and The Coca-Cola Company [25].
Functional Flour Industry Report 2025 with Growth Forecasts to 2029 and 2034 - Innovation in Specialty Flours and Clean Label Trends Shaping the Future of the Market
Globenewswire· 2025-03-07 12:27
Core Insights - The functional flour market is projected to grow from $71.22 billion in 2024 to $75.94 billion in 2025, with a compound annual growth rate (CAGR) of 6.6% [5] - By 2029, the market size is expected to reach $97.79 billion, reflecting a CAGR of 6.5% during the forecast period [6] Market Characteristics - North America was the largest region in the functional flour market in 2024, while Asia-Pacific is anticipated to be the fastest-growing region [3] - The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa [3] Growth Drivers - The growth in the functional flour market is attributed to factors such as the demand for specialty flours, health and wellness trends, and the rise of health-conscious consumers [6][8] - The increasing demand for ready-to-eat products is significantly boosting the functional flour market, with China's ready meals market projected to surpass $148 billion in annual sales within the next six to seven years [7] Product Innovation - Product innovation is a key trend, with companies like Tirlan introducing new functional flours that cater to consumer demand for natural and nutritious ingredients [9] - Bay State Milling launched Wingold Wellness multi-purpose flour, which offers three times the fiber content of traditional refined wheat flour while maintaining taste and functionality [10] Market Segmentation - The functional flour market is segmented by type, raw material, and application, including specialty flours, enzyme-treated flours, gluten-free options, and various applications in food products [11][13] - Key raw materials include maize, rice, and wheat, with subsegments for specialty flours like almond and coconut flour [11] Competitive Landscape - Leading companies in the functional flour market include Cargill Incorporated, Archer Daniels Midland Company, Bunge Limited, Associated British Foods PLC, and General Mills Inc. [2][17] - These companies are focusing on developing advanced dietary solutions to meet rising consumer demands [10]