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Exploring the Fish-Based Pet Food Demand Surge in Europe, USA Markets from US$ 1.4 Billion to US$ 16.7 Billion by 2033
Posted byEditor AM December 12, 2023 Leave a commenton Exploring the Fish-Based Pet Food Demand Surge in Europe, USA Markets from US$ 1.4 Billion to US$ 16.7 Billion by 2033 EditExploring the Fish-Based Pet Food Demand Surge in Europe, USA Markets from US$ 1.4 Billion to US$ 16.7 Billion by 2033


The fish based pet food market valued at $1.4 billion in 2023, anticipates a surge to $16.7 billion by 2033 with a 5% CAGR. Developed nations like Germany, Japan, the UK, and India are set to dominate the market, driven by pet food expertise, rising disposable income, and a growing preference for sustainable and premium fish-based pet food

The fish based pet food market is registering a valuation of US$ 1.4 billion in 2023 and is projected to reach US$ 16.7 billion by 2033. The market is capturing a CAGR of 5% during the forecast period.

How Top Countries Are Uplifting the Global Market Size?

By 2033, it is expected that industrialised nations such as Germany, Japan, the UK, and India will control the majority of the global market. The market is expanding significantly due to factors like improved pet food expertise, increased disposable money, and growing desire for pet adoption. The industry is expanding as more consumers express a desire for premium pet food that is based on fish and comes from sustainable sources.

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The United States is dominating the global market by registering a share of 25.3% by 2033. The increasing number of pet owners, growing trends of pet humanization, and increasing adoption of nutritious pet foods are boosting the market growth. Around 67% of households in the United States are adopting pets, including cats, dogs, birds, and others.

These factors capture huge revenue in the United States market during the forecast period. The present key players are launching novel products to upsurge the market growth. The prominent key players in the global market include Pacific Bio Products, Purina, Freshpet, JustFoodForDogs, Mars Inc, and others.

These players boost sales through distribution channels, such as supermarkets, online retailers, suppliers, etc. These players can enhance their reach through distribution networks to meet relevant customers. These players are researching to develop innovative products in the global market.

Stringent Regulations Decline the Global Market Size

The market has several restraining factors that may limit the global market size. With the increasing consumer demand for alternative options such as vegan and plant-based pet foods, the market growth is declining. On the other hand, the lack of raw material supply and unavailability of pet foods are also declining the market growth.

The rising overfishing and advanced competitors’ strategies are other factors that may face challenges in the market growth. These are a few factors that can limit the global market growth.

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Key Takeaways:

The fish based pet food Induustry is securing a CAGR of 5% with a valuation of US$ 16.7 billion by 2033.
Historically, the market captured a valuation of US$ 9.1 billion in 2018.
The United States is estimated to register a share of 25.3% in the global market by 2033.
Germany is securing a share of 5.6% in the global market during the forecast period.
With a share of 4.0%, Japan is capturing a significant driving of the global market share.
Recent Developments in the Global Market are:

In 2021, Mars Inc announced its huge investment of US$ 200 million to expand the Royal Canin plant. This investment took place to add new corporations to enhance the production capacity.
In 2020, Nestle Purina PetCare invested around US$ 500 million to expand its business in Georgia.
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Fish-Based Pet Food Market by Category

By Nature:

Organic
Conventional

The Food Pathogen Testing Market is witnessing strong growth due to the escalating concerns about food safety. The demand for pathogen detection solutions is driven by strict regulations and heightened awareness of foodborne illnesses. Additionally, the market is expected to expand even more as a result of technological advancements, increased investments in research and development, and a growing emphasis on preventive measures.

It is projected that the worldwide expense of testing for food pathogens will reach around US$ 21.7 billion by 2023. The global market for food pathogen testing is anticipated to grow at an amazing 8.5% annual rate of growth through 2033, according to Future Market Insights. The food pathogen testing market study report estimates that by the end of 2033, the total valuation might reach US$ 49 billion.

During this time, the use of food testing services rose due to the growing demand for packaged and processed foods. The need for food testing services has grown as a result of shifting eating patterns, lifestyle choices, and the acceptance of fast food restaurants.

Growing rates of foodborne illnesses, such as food poisoning and associated ailments, are supporting new developments in the market for food pathogen testing. Many statistics state that each year, one in ten persons worldwide contract a foodborne illness. Food poisoning typically affects children older than five, thus it’s important to closely monitor the food products that are made available through large supply chains.

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The rising issues related to food quality in various hotels and restaurants have catalyzed call services for food pathogen testing. Also, the spread of any such news on social platforms is anticipated to boost the adoption of food testing services.

Food safety testing is hampered by the demand for meeting test requirements (as defined by various regulations) for trading food products. Therefore, in-house testing has been marketed as a viable solution to food safety testing problems in many countries.

Key Takeaways from the Study Report

The United States is known for its higher adoption of food pathogen testing services which can be attributed to many foodborne disease outbreaks. Currently, it acquires up to 35% of the revenue share generated by the market globally.
The rate of adoption of food pathogen testing services is improving promisingly in the Asia Pacific region. However, the high occurrence of food safety incidents, rising food exports, and food trade have sufficiently advanced the market in China.
Technological achievements have secured numerous market opportunities for food pathogen testing companies in Japan. The country is a hub of technology and innovation. This includes food pathogen testing which is growing with continuous research & development.
Frequent incidences of novel microbiological contaminants due to growing international trade are driving up the demand for rapid technology. The rising unhygienic food handling practices are increasing the adoption of the technology.
Competitive Landscape for the Market Players

SGS SA, Intertek Group, Eurofins Scientific, and Thermo Fisher Scientific are some leading players in the global food pathogen testing market. They are increasing food testing service sales through various distribution channels to expand the market size. The rising R&D activities and premium quality food items manufactured by top companies are further growing the demand.

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Recent Developments by the Food Pathogen Testing Industries

For example, Bureau Veritas Ltd. revealed that it had acquired Advanced Testing Laboratories (ATL) in June 2022. It is a leading company in the United States that aims to strengthen its position and grow across North America.
Crystal Diagnostics disclosed in February 2020 that the company has acquired a second patent from the United States Patent and Trademark Office. The patent was achieved for its unique liquid crystal technology for the quick and precise diagnosis of pathogens spreading foodborne infections.
Key Segments Covered by Food Pathogen Testing Industry Survey Report
Food Pathogen Testing Industry Segments by Contaminant Type:

E. Coli Contamination
Salmonella Contamination
Listeria Contamination
Campylobacters Contamination
Pesticide Contamination
Genetically Modified Contamination
Toxin Contamination
Other Contaminations
Food Pathogen Testing Industry Segments by Technology:

Food Pathogen Testing by Conventional Methods
by Agar Culturing Technology
by Polymerase Chain Reaction (PCR) Technology
by Other Technologies
Food Pathogen Testing by Rapid Methods
by Biosensor-based Technology
by Immunological-based Technology
by Other Technologies
Food Pathogen Testing Industry Segments by Application:

Fruits & Vegetables
Grains & Cereals
Processed Foods
Dairy Products
Meat, Poultry & Seafood Products
Other Products
Food Pathogen Testing Industry Segments by Region:

North America Market
Latin America Market
Europe Market
East Asia Market
South Asia and Pacific Market
Middle East and Africa (MEA) Market
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Navigating the US$ 1.04 Billion Prenatal Vitamin Supplements Market by 2032, Unveiling Maternal Nutrition Significance



The prenatal vitamin supplements market is rapidly expanding due to heightened awareness of maternal nutrition during pregnancy. With formulations catering to expectant mothers’ needs, this market is set to reach $1.04 billion by 2032, growing at a 7.1% CAGR from $522 million in 2022.

The prenatal vitamin supplements market witnessing rapid expansion as a result of growing understanding of the significance of maternal nutrition throughout pregnancy. These supplements offer the vital vitamins and minerals required for both the health of the mother and the development of the foetus. Growing demand and improvements in product formulation have produced a variety of choices catered specifically to expectant mothers’ needs. The market is expected to grow further as more women place a higher priority on prenatal wellbeing and health.

The global market for prenatal vitamin supplements is projected to develop at a compound annual growth rate (CAGR) of 7.1%, reaching a valuation of USD 1.04 billion by 2032 from its 2022 worth of US$ 522 million.

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Demand for prenatal vitamin supplements is increasing as new crucial pregnancy cases are coming. A woman’s body goes through a lot of changes during the course of pregnancy. It is essential to take utmost care of your health to ensure that there are no complications during the delivery, fueling the demand for prenatal vitamin supplements.

Women have become conscious about the food they eat and the supplements they intake as it impacts the health of the fetus a well. Covid -19 further strengthens the need to maintain good health in order to avoid any negative outcomes. This impacted the sales of prenatal supplements in the market during the assessment year.

Manufacturers are developing different products like smoothies, energy bars that fulfill the nutritional requirements of pregnant women. The easy availability of products that provide essential nutrients like vitamins and proteins is expected to boost the demand for prenatal vitamin supplements in the market.

Key brands are collaborating with e-commerce sites like Amazon and Flipkart to offer their products across the globe at a click of the bottom. These products at then sold with different discounts schemes and delivered at consumers door steps, increasing the sales of prenatal vitamin supplements

As the number of women joining the workforce increases and they have less time at their disposal to take care of their health the demand for prenatal vitamin supplements that provide these nutrients to the body is expected to rise. North America contributes maximum share in the global revenue generation followed by Europe and Asia Pacific.

Key Takeaways from Market Study

The prenatal vitamin supplements market is expected to increase at CAGRs of 6.6% and 6.2% in North America and Latin America, respectively, through 2032.
Asia Pacific is expected to account for 18% of the market share during the assessment year.
Demand for prenatal vitamins supplements is expected to witness rise as women are well aware about the benefits of consuming such products, additionally they have easy access to different prenatal vitamin supplements brands that are manufactured in regional markets.
Increase in disposable income and willingness to spend on healthcare products is expected to drive the European prenatal vitamin supplement market, enhancing the natal care experience for the end users.
The European prenatal vitamin supplements market is expected to reach USD 338 Mn by 2032.
Growing customer preference for healthy and wholesome diets is driving sales of prenatal vitamin supplements across global markets.“Rise in awareness of benefits of consuming nutrient rich diet during pregnancy is expected to propel the demand for prenatal supplements in the market globally. Many organizations are changing their policies to offer parental care benefits and monetary benefits along with maternity leaves is expected to impact revenue generation of prenatal vitamin supplements market globally.” says a Future Market Insights analyst.
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Competitive Landscape

Key manufacturers of prenatal vitamins are focusing on research & development to offer different effective formulations. Key players are collaborating and developing new product lines to penetrate untapped markets and expand their sales channel.

Mommy’s Bliss, is a leading health company for babies is expanding into the prenatal market with a revolutionary range of prenatal and postnatal multivitamins and supplements designed specifically for parenthood journey. The brand, empowers new mothers to handle the specific requirements and problems that come with pregnancy and postpartum care.
Ritual, an online health firm that formulates clean multivitamins for women expanded its product line by including a prenatal vitamin containing 12 essential nutrients.
Abbott has introduced its new series of prenatal vitamin supplements under its infant & new mother care product lists that involves products like SIMILAC PROBIOTIC that helps in creating a healthy gut microbiome, Increasing the sales of prenatal vitamin supplements.
Rainbow light has introduced its prenatal one multi that comes with food -based multivitamin that provides complete nutrition for mom and baby, that is easy to digest with probiotics & enzymes, increasing the prenatal vitamin supplements market size.
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Future Market Insights, in its new report, offers an impartial analysis of the global prenatal vitamin supplements market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on Prenatal Vitamin Supplements Market By Form (Powdered, Liquid, Gummies, Capsules), By Sales Channel (Offline Sales Channel (Supermarkets/Hypermarkets, Departmental Stores, Convenience Store, Other Sales Channel), Online Sales Channel (Company Website, E-commerce Platform), By Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA)

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USA Sports Drink Market Up to US$ 10.9 billion Rising Fitness Trends and Health-Conscious Consumer Demands Drive Expansion



The usa sports drink market is set to grow at a 3.7% CAGR, reaching $10.9 billion by 2033 from $7.6 billion in 2023. This growth is driven by millennials’ fitness focus, a rising interest in organic drinks, and increased participation in sports.

As per the latest recent research report by Future Market Insights, total usa sports drink market sales in the USA are estimated to surge at 3.7% CAGR between 2023 and 2033, reaching a value of US$ 10.9 billion by 2033. In 2023, the USA sports drink industry is set to be valued at US$ 7.6 billion.

The US sports drink market is expected to expand as a result of millennials’ emphasis on physical fitness, growing interest in organic drinks, and expanding sports participation.

Over the next ten years, it is projected that the US sports drink market will expand as a result of factors such the rising demand for organic beverages, an increase in sports-related activities, and the growing interest of millennials in physical fitness.

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Sports drinks are functional beverages that can replenish fluids, carbohydrates, and electrolytes during physical exertion. These drinks are rising in popularity across the USA as more people become health-conscious and seek to get the most out of their workouts.

The nutritious advantages of sports drinks are expected to continue to drive up consumer demand for them. Protein drinks are the most widely used in the sports drink sector across the USA, and they are expected to support the market’s expansion.

During workouts or activities, branched amino acids and proteins aid to lessen muscular pain and provide the body with rapid energy. Due to the rising demand for sports drinks, food and beverage producers are now showing an interest in the energy drink and sports drink segments.

To satisfy consumer demand for nutrition, a number of sports drink makers are concentrating on innovations and providing natural/organic functional beverages in a variety of flavours. They anticipate that this will help them grow both their consumer base and sales.

New healthy sports beverages with minimal sugar content and natural components are being introduced by companies like Gatorade and Powerade. For instance, Powerade just introduced Powerade Ultra and Powerade Power Water, two new zero-sugar sports drinks.

Key Takeaways from Market Study

The USA sports drink industry is estimated to be valued at US$ 7.6 billion in 2023.
Based on form, the liquid segment holds a prominent market share of 82.0% in the USA sports drink industry.
In terms of distribution channel, the store-based retailing sub-segment of offline category holds around 67.0% share of the USA sports drink industry
Based on flavor, the flavored segment dominates the USA sports drink industry with a share of about 76.0%.
Consumers in the USA are becoming increasingly concerned with their physical health, which motivates them to participate in sports and increases demand for sports drinks.
“In the longer run, increasing health consciousness and growing popularity of organic sports drinks will create profitable opportunities for market participants”, says a lead analyst at Future Market Insights.

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Competitive Landscape

With increasing penetration of new start-ups, the USA Sports Drink Industry is becoming highly competitive. In order to gain a competitive edge in the market, companies are utilizing strategies such as new product launches, partnerships, mergers, acquisitions, collaborations, and celebrity endorsements.

Few of the leading companies offering sports drinks in the market include Gatorade, Powerade, Body Armor, Monster Hydro, Aquarius, Melaleuca, Bulletproof FAT water, Honest Sport, Muscle Milk, Staminade, and Hammer Nutrition HEED.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the Sports Drink presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the USA Sports Drink Industry based on product type (isotonic, hypotonic, hypertonic), distribution channel (offline, online retail), flavor (unflavored, flavored), form (powdered, liquid), packaging material (metal, pet/plastic, glass).

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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USA Sports Drink Industry by Category

By Product Type:

Isotonic
Hypotonic
Hypertonic
By Distribution Channel:

Offline
Store-Based Retailing
Hypermarkets /Supermarket
Convenience Stores
Mom and Pop Stores
Discount Stores
Specialty Stores
Independent Small Groceries
Online Retail
By Flavor:

Unflavored
Flavored
Citrus.
Berries
Mocha
Pomegranate
Apple
Mint
Blends (Mix)
Cola
Watermelon
Others