The global yogurt market was valued at approximately USD 114.9 billion in 2024 and is projected to reach USD 187.2 billion by 2034, growing at a 5.0% CAGR between 2025 and 2034. Europe holds a leading position with a USD 42.9 billion share in 2024, bolstered by strong dairy traditions and widespread health awareness. Yogurt itself is a fermented dairy product enriched with protein, calcium, and probiotics, available in varied forms like Greek, drinkable, frozen, flavored, and plant-based alternatives. Urban consumers increasingly favor yogurt as a healthy, quick snack that fits modern, on-the-go meals, appealing to those prioritizing gut health, protein intake, and overall wellness. With consumers shifting away from sugar-laden desserts and toward nutritious options, yogurt is finding a growing place in breakfast routines and fitness diets .
The global yogurt market, valued at USD 114.9 billion in 2024, is expected to reach USD 187.2 billion by 2034, with a steady CAGR of 5.0%. Europe remains the largest regional market, generating USD 42.9 billion in sales due to deep-rooted dairy consumption and heightened health awareness. Yogurt’s appeal stems from its nutrient profile rich in protein, calcium, and probiotics alongside its versatility in formats like Greek, drinkable, flavored, frozen, and plant-based. Modern consumers, especially in urban areas, are drawn to convenient, nutritious snacks that align with busy lifestyles and wellness goals. This shift, driven by a desire for gut-health benefits and lower sugar alternatives, has expanded yogurt’s presence across breakfast and snack categories. As a ready-to-eat, health-forward option, yogurt is well-positioned for continued growth
Market size: USD 114.9 billion (2024) → USD 187.2 billion (2034), CAGR 5.0%
69.3% share for flavored yogurt, reflecting strong taste-driven demand
Greek yogurt holds 32.8% share, popular for texture and protein benefits
Strawberry blend leads flavors with 23.5% market share
Supermarkets and hypermarkets account for 47.4% of distribution
Europe is the dominant region at USD 42.9 billion
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Drivers (what’s pushing growth):
Rising health awareness sees yogurt as a nutritious, probiotic-rich snack supporting gut and immune health.
Preference for quick, convenient on-the-go foods fuels demand for portable yogurt formats.
Protein-rich Greek yogurts attract fitness-focused consumers aiming for muscle support and satiety.
Consumers reducing sugar intake turn to yogurt as a healthier alternative to desserts.
Opportunities (where companies can expand):
Plant-based yogurts (e.g. almond, soy, oat) offer dairy-free options for vegans and lactose-intolerant consumers.
Flavored, low-sugar, and high-protein innovations can differentiate brands and draw in health-driven buyers.
Expansion in emerging markets can exploit rising incomes and improving cold-chain infrastructure.
E‑commerce and online grocery channels open direct-to-consumer opportunities with subscription and door‑delivery models.
Restraints (challenges facing the market):
High cold-chain and refrigeration costs limit distribution, particularly in remote and rural regions.
Perishability of yogurt makes logistics complex, increasing waste from spoilage.
Lack of cold-storage infrastructure in developing areas curtails market reach.
Regulatory shifts or ingredient restrictions could raise compliance costs and affect margin.
Trends (current consumer and industry patterns):
Mini snack pots and single-serve cups are gaining popularity for portable, portion-controlled snacking.
Flavored yogurt variety is expanding—fruit swirls, crunch coatings, and layered options are rising.
Greek yogurt continues to lead due to its high protein and dense texture appeal.
Steadily rising acceptance of plant-based yogurt is changing product portfolios and innovation focus.
The global hydrocolloids market is witnessing strong and steady growth. In 2024, the market stood at USD 9.8 billion and is projected to reach USD 15.7 billion by 2034, growing at a CAGR of 4.8%. Hydrocolloids natural substances used to control texture and stability are widely applied in food, pharmaceuticals, and cosmetics. Gelatin is the leading type with a 24.6% market share, thanks to its versatility across various industries. Among functional uses, thickeners dominate with over 42% share due to their effectiveness in improving consistency and shelf life in foods like dairy, sauces, and bakery items. The food and beverage sector is the largest user of hydrocolloids, accounting for more than half of total demand.
Hydrocolloids, which include plant- or animal-based gums and proteins, are essential ingredients for improving product texture, thickness, and appearance. Beyond food, they are also used in cosmetics, personal care, and pharmaceuticals. Growing health awareness, demand for cleaner ingredients, and the rise of vegan lifestyles are encouraging the shift toward natural hydrocolloid alternatives. The Asia-Pacific region has become a major hub for market growth, contributing around USD 4.1 billion in 2024, driven by increasing food processing activities and consumer demand for packaged and healthy products. To meet new market needs, companies are developing customized hydrocolloid blends suited for vegan and allergen-free products. These innovations also support sustainability and regulatory compliance.
Hydrocolloids market to grow from USD 9.8 billion (2024) to USD 15.7 billion (2034).
Gelatin remains the top product type, holding 24.6% market share.
Thickeners lead by function, representing 42.4% of the total market.
Food and beverage applications dominate with a 53.2% usage rate.
Asia-Pacific region shows the fastest growth, valued at USD 4.1 billion.
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Drivers
Increasing demand for ready-to-eat and packaged food is boosting hydrocolloid use for better texture and shelf life.
Consumers are leaning toward clean-label and plant-based food, which supports natural hydrocolloid demand.
Gelatin continues to gain popularity due to its multi-use applications in food, pharma, and beauty care.
Asia-Pacific’s growing food industry is creating a strong base for regional market expansion.
Opportunities
Rising popularity of vegan and gluten-free diets opens doors for innovative hydrocolloid solutions.
Non-food industries like cosmetics and medicine present new areas for hydrocolloid application.
Clean-label movements are pushing companies to invest in natural, safe, and simple ingredient alternatives.
There’s significant growth potential in emerging regions like Southeast Asia and Latin America.
Restraints
Volatile raw material prices, especially for plant-based sources, can affect manufacturing costs.
Regulatory and labeling standards are becoming stricter, adding time and cost to product development.
Availability of synthetic stabilizers and alternatives may limit hydrocolloid usage.
Heavy reliance on gelatin is becoming a limitation as plant-based preferences grow.
Trends
Demand for natural and clean-label food products is driving hydrocolloid adoption.
Brands are focusing on eco-friendly and ethically sourced hydrocolloids.
Technological advancements are enabling better functionality with lower usage volumes.
Custom-blended hydrocolloids are emerging to suit specific texture and stability needs.
The global soft drinks market is on track to grow steadily, expected to reach USD 563.4 billion by 2034, up from USD 373.4 billion in 2024. That reflects a CAGR of 4.2% between 2025 and 2034. This market covers various drink types, including carbonated beverages, juices, flavored waters, and energy drinks. These products are widely available through retail formats such as supermarkets, convenience stores, and increasingly online. North America currently leads the market, contributing around USD 143.3 billion in 2024 alone.
Soft drinks continue to be a popular choice for people across age groups due to their taste, availability, and convenience. Whether it’s a fizzy cola, a vitamin-rich drink, or low-calorie flavored water, there’s a product for every need. As consumers become more health-conscious, companies are introducing lighter, more natural alternatives to meet demand without losing the refreshment factor.
Market value projected to grow from USD 373.4 B (2024) to USD 563.4 B (2034) at 4.2% CAGR.
Carbonated drinks remain dominant with a 42.5% market share.
Cola flavor leads the segment, holding 47.4% of the flavor market.
Hypermarkets/supermarkets are the top distribution channel at 53.3% share.
North America holds the largest market value at USD 143.3 billion in 2024.
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Drivers:
Growing urbanization and fast-paced lifestyles are pushing demand for quick, ready-to-drink options. Soft drinks offer instant refreshment and are available everywhere, from local stores to global chains. Rising income levels, especially in developing regions, are also supporting market expansion.
Opportunities:
As people focus more on health, there's strong demand for better-for-you beverages. Drinks made with natural ingredients, added vitamins, or reduced sugar are catching attention. Brands that adapt quickly to this trend can tap into new consumer segments.
Restraints:
Rising health concerns related to sugar intake and obesity are slowing growth in certain categories. Consumers are becoming more cautious about artificial ingredients, which may impact traditional carbonated drink sales.
Trends:
Sparkling water with natural flavors is booming, especially among health-conscious buyers.
Functional drinks with added health benefits (like probiotics) are on the rise.
Sugar-free and low-calorie variants are now common in most product lines.
Craft sodas with organic or unique ingredients are emerging.
Online and direct-to-consumer models are becoming popular with customized product bundles.
Alkyl Polyglucosides Market are mild, biodegradable surfactants made from natural ingredients like sugars and fatty alcohols sourced from coconut or palm. Known for their skin-friendly properties and minimal environmental impact, APGs are increasingly used in personal care, household cleaning, and even agricultural applications. As global demand for green and sustainable products grows, the APG market is expanding rapidly. In 2024, the market was valued at around USD 0.9 billion and is forecasted to reach USD 1.5 billion by 2034, growing at a CAGR of 5.3%. Fatty alcohol-based APGs make up a significant portion of this growth, accounting for 38.4% of the product segment. Meanwhile, personal care and cosmetic products lead in end-use, representing 43.3% of total market demand. Asia-Pacific is currently the largest regional market, with a value close to USD 0.3 billion, driven by rising consumer awareness and a push for natural, safer product ingredients.
The APG market is benefitting from the global shift toward environmentally friendly and safe chemical ingredients. These plant-derived surfactants are gaining popularity due to their excellent foaming, cleansing performance, and non-toxic nature. Governments and regulatory bodies across the globe are supporting the use of biodegradable substances, giving APGs a further boost. In personal care items like shampoos, soaps, and facial cleansers, APGs offer gentle cleansing without harsh side effects. Their compatibility with hard water also makes them useful in household detergents. Asia-Pacific is emerging as a key growth area, offering affordable raw materials and increasing demand for natural alternatives. Many manufacturers are turning to sugar and vegetable oils as renewable sources, making APG production more sustainable. Fatty alcohol-based variants remain dominant due to their effectiveness and flexibility in formulation. As demand rises, APGs are carving out a strong role in the movement toward safer, greener consumer and industrial products.
The global Alkyl Polyglucosides market is expected to grow from USD 0.9 billion in 2024 to USD 1.5 billion by 2034 at a CAGR of 5.3%.
Fatty alcohol-based APGs make up 38.4% of the market, favored for their high efficiency and ease of sourcing.
Personal care and cosmetic products dominate demand, contributing 43.3% of the market share.
The Asia-Pacific region leads globally, generating approximately USD 0.3 billion in market value.
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Drivers
A growing shift toward natural and eco-safe ingredients is pushing up the demand for APGs. Their mild, non-irritating nature makes them ideal for personal care and baby products. Government policies encouraging the use of biodegradable chemicals are helping APG adoption. Their ability to perform well in hard water and various formulations adds to their appeal.
Opportunities
Developing economies, particularly in Asia-Pacific, are offering new markets as demand for eco-friendly products grows. The agricultural and industrial sectors are opening up to APGs as replacements for harsh surfactants. Using varied feedstocks like sugar, corn, and vegetable oil gives companies more flexibility and cost control. Innovation in customized, high-performance APG formulations could unlock new product categories.
Restraints
Production of APGs is more expensive compared to traditional surfactants, which can limit use in budget-focused industries. Dependency on raw materials like palm oil exposes producers to volatile prices. Some industries resist switching due to reformulation costs and technical hurdles. Differences in regulatory frameworks across regions can hinder unified product launches.
Trends
Consumer demand is rising for sulfate-free personal care items using APGs. Asia-Pacific continues to grow due to affordable inputs and rising environmental awareness. Fatty alcohol-based APGs remain the most preferred variant. Green product labeling and clean beauty trends are shaping product development. More brands are investing in APG-based innovation to enhance sustainability credentials.
The global grape seed oil market is gaining strong momentum, reaching a value of USD 544.5 million in 2024, and is projected to grow to nearly USD 993.7 million by 2034, expanding at a CAGR of 6.2% during the forecast period. This growth reflects increasing consumer interest in health-oriented oils and natural wellness products. North America, with a market value of USD 213.4 million, leads globally due to rising usage in both food and cosmetic applications.
Conventional grape seed oil continues to dominate the market with an 82.2% share, as it is widely produced and used in cooking and industrial applications. Additionally, chemically extracted oil holds around 66.3% of the market due to its cost efficiency and large-scale availability. The growing awareness of the oil’s health benefits, especially in skincare and heart health, is pushing its use in various sectors. This momentum sets a solid foundation for future market expansion.
Grape seed oil is increasingly valued for its mild flavor, high smoke point, and health-promoting compounds like antioxidants. It has become a favorite in kitchens, cosmetic shelves, and dietary supplement aisles. The market benefits from its wide applicability, especially in skincare and wellness products. While traditional processing still holds the larger market share, cold-pressed and organic oils are gaining attention due to consumer preference for clean-label products.
Technological improvements in extraction and refining methods are also playing a key role in the market’s evolution. With rising health consciousness globally, there's a shift toward oils with added nutritional value. The consistent demand from both the food and personal care industries, along with the rising popularity of plant-based and natural products, is creating solid growth opportunities. Brands that innovate and tap into niche segments—like flavored oils or eco-friendly packaging—can stay competitive and grow sustainably in this space.
Market size is set to grow from USD 544.5 million in 2024 to USD 993.7 million by 2034, at a 6.2% CAGR.
North America is the leading region, valued at around USD 213.4 million.
Conventional grape seed oil holds the largest share at 82.2%.
Chemical extraction accounts for 66.3%, favored for cost efficiency.
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Rising awareness about heart health and antioxidant benefits of grape seed oil is driving global demand.
The oil's use in natural skincare and haircare is gaining traction in the cosmetic industry.
Its neutral taste and high smoke point make it ideal for cooking and food preparation.
Growing interest in plant-based and clean-label ingredients supports demand in wellness sectors.
Introducing organic and cold-pressed variants can tap into the premium oil segment.
Development of infused or flavored grape seed oils can attract culinary innovators.
Potential for growth in dietary supplements and nutraceuticals is increasing.
Expansion in e-commerce and health-focused retail outlets can improve product reach.
Strong competition from other oils like olive, coconut, and avocado oil can limit growth.
Fluctuating prices of grape seeds, a byproduct of winemaking, can impact supply.
Limited awareness in some regions slows market penetration and adoption.
Dependence on seasonal grape harvests affects consistent availability and pricing.
Rapid growth of cold-pressed and minimally processed grape seed oil.
Launch of herb-infused and citrus-flavored oils for gourmet cooking.
Increased use in natural beauty and personal care formulations.
Rising demand for organic and non-GMO certified oils.
Surge in online sales and specialty health store visibility.
The global starch market is poised for strong growth, expected to reach around USD 97.6 billion by 2034, up from USD 56.5 billion in 2024, growing at a CAGR of 5.6% during the forecast period (2025–2034). Starch, a naturally occurring carbohydrate found in plants like corn, wheat, potato, and cassava, plays an essential role in many industries from food and beverage to pharmaceuticals and bio-based packaging. Its ability to act as a thickener, stabilizer, and binder makes it a versatile ingredient in a wide range of applications.
As consumer preferences shift towards cleaner labels and more sustainable ingredients, starch especially modified starch is becoming more popular. Modified starches are widely used in food processing, paper making, textiles, and pharmaceuticals due to their improved performance under various conditions like heat and pressure. With rising global demand for processed and ready-to-eat foods, and a push for eco-friendly packaging, starch continues to gain relevance in both mature and emerging markets.
The starch market is projected to grow from USD 56.5 Bn in 2024 to USD 97.6 Bn in 2034, at a 5.6% CAGR.
Modified starch leads with a 56.3% share, driven by its use in food and industrial applications.
Corn starch holds the largest market share at 61.9%, thanks to abundant supply and lower cost.
The food & beverage segment dominates usage with 47.4%, fueled by demand for clean-label products.
North America is a key market, valued at USD 33.5 billion, supported by strong industrial and food sectors.
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Drivers
Demand is rising for natural and plant-based food ingredients, pushing starch usage in items like sauces, soups, and dairy alternatives. Additionally, as sustainability becomes a priority, starch is increasingly used in biodegradable packaging and adhesives, replacing synthetic materials.
Opportunities
Modified starches offer durability under tough processing conditions, creating chances for growth in food, pharma, and industrial sectors. Emerging markets in Latin America and Asia also open new doors, especially where demand for packaged food and green packaging is rising.
Restraints
Fluctuating prices of raw materials such as corn can create instability in production costs. Regulatory differences between countries can make it difficult for companies to scale or introduce new starch-based products. Also, supply chain disruptions can affect the availability of key ingredients.
Trends
More companies are focusing on developing clean-label and organic starch options to meet evolving consumer tastes. The use of starch in biodegradable coatings, packaging films, and adhesives is also growing fast. There's a clear move toward using starch in gluten-free and low-GI foods. Innovations in starch processing technologies are helping to fine-tune performance. Lastly, starch is becoming a preferred base in the development of sustainable biomaterials.
The global brandy market is projected to reach about US $48.3 billion by 2034, ascending from US $27.2 billion in 2024, with a steady CAGR of roughly 5.9% through 2034. Brandy typically 35–60% ABV and aged in wood has shifted from a traditional after-dinner liquor to a growing premium and craft spirit. Spirited interest in aged and flavored variants, especially among younger drinkers, has driven consumption beyond core demographics. North America led the market in 2024 with a 44.3% share, representing about US $12 billion.
Key product segments include “Regular” brandy (72.3% of sales) and “Cognac” (38.4% by type), both dominating their respective categories. Supermarkets and hypermarkets are the top distribution channel, accounting for nearly 43% of global sales. This report explores what’s fueling growth, what’s holding it back, and where the industry is heading, offering a clear snapshot of what’s happening in the brandy market today At its heart, brandy is a distilled fruit-based spirit most often from grapes aged in wooden casks for depth and flavor. Its traditional image is evolving: consumers now reach for premium VSOP or XO variants, and mixologists are reinventing brandy-based cocktails, which attracts younger audiences. Meanwhile, flavored and fruit brandies provide approachable, sweeter options, expanding appeal beyond purists.
Geographic growth varies: North America remains top dog, Europe stays steady, and Asia Pacific shows rising interest thanks to urbanization and shifting drinking habits. Online retail is another game-changer direct to consumer platforms and improved delivery laws are simplifying brandy purchases, tapping into markets with weaker brick-and-mortar access. Combined, these dynamics suggest a vibrant future, driven by evolving consumer preferences, channel innovation, and brand diversification.
Brandy’s market value will surge from US $27.2 bn (2024) to about US $48.3 bn by 2034, growing at ~5.9% annually.
In 2024, Regular brandy led the product mix with a 72.3% share.
Cognac held the strongest slice by type 38.4% of the total.
Supermarkets & hypermarkets dominated distribution, capturing 42.9% market share.
North America held 44.3% of global sales, valued at US $12 bn in 2024 .
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Drivers
Consumers increasingly favour aged and premium brandies (VSOP, XO), willing to pay more for quality and experience.
Growing educated drinking culture appreciates craftsmanship, helping premium segments flourish.
Youthful interest in flavored and fruit brandies expands the appeal of traditionally owned spirits.
Brandy is now a celebrated choice in cocktail culture, gaining traction in bars and lounges.
Opportunities
E‑commerce is opening new routes—online shops and digital platforms are reaching untapped regions.
Cocktail culture is elevating brandy, sparking innovation in mixology and consumer curiosity.
Emerging markets (Asia Pacific, Latin America) offer fresh growth potential due to rising urban incomes.
Craft and small-batch producers can lean into storytelling and provenance to attract niche consumers.
Restraints
Heavy taxes, strict advertising, and legal barriers—including age limits—limit brandy’s market spread.
High excise duties in many regions raise prices, possibly deterring price-sensitive buyers.
Complex licensing and compliance pose hurdles for new entrants and smaller brands.
Saturated or culturally conservative markets may dampen new product launches.
Trends
Flavored brandies are on the rise, offering sweeter, friendlier profiles for broader audiences.
Craft distilleries are gaining buzz, bringing artisanal processes and local identity to the market.
Mixology continues evolving, with brandy cocktails becoming refreshingly trendy in nightlife.
DTC (direct-to-consumer) channels are gaining visibility, helping brands cultivate loyal followings.
The global heat pump water heaters market is witnessing strong growth, projected to increase from USD 6 billion in 2024 to nearly USD 16.9 billion by 2034, at a compound annual growth rate (CAGR) of 10.9%. These systems work by transferring heat from the surrounding environment air, water, or ground into a storage tank, using significantly less electricity than traditional heaters. Rising energy costs and environmental concerns have prompted consumers and governments to seek more efficient heating solutions. Government support, such as rebates and energy-efficiency mandates, is further boosting adoption. Asia-Pacific leads the global market due to strong environmental regulations and growing public awareness of energy efficiency.
Air-source heat pump systems hold the largest share of the market at 41.8% in 2024, favored for their cost-effectiveness and easy setup. Among refrigerants, R410A continues to dominate with 43.3% share, driven by its widespread availability and performance. Heat pump water heaters with tank capacities up to 500 liters are most in demand (56.2%), especially in residential settings where smaller systems are sufficient. Power-wise, units under 10kW are leading the way with 48.1% market share. The residential sector accounts for the majority of demand at 65.5%, as homeowners become more aware of long-term cost savings and sustainability benefits. While Asia-Pacific is the largest market, North America and Europe are seeing fast adoption thanks to stricter energy policies and increased investment in green technology.
The HPWH market is forecast to grow from USD 6 billion in 2024 to USD 16.9 billion by 2034.
Air-source types lead the market, accounting for over 41% of global demand.
R410A remains the top refrigerant, used in 43.3% of systems globally.
Residential applications dominate, contributing to over 65% of total sales.
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Consumers are shifting toward energy-saving appliances to reduce electricity bills and carbon emissions.
Many governments are offering tax incentives, rebates, and stricter energy efficiency standards to push adoption.
HPWHs use renewable heat from the air or ground, making them significantly more efficient than conventional systems.
Rapid urban development and energy policies in Asia-Pacific are accelerating regional market growth.
Developed markets are seeing strong replacement demand for older water heating systems.
Pairing HPWHs with solar PV systems or smart home technologies offers new value to consumers.
In emerging economies, rising living standards and urban expansion are fueling growth.
Product innovations in compact design, lower noise, and smart controls can unlock new customer segments.
High initial purchase and installation costs are a barrier for budget-conscious consumers.
Space and ventilation requirements can make setup difficult in certain buildings.
Not all regions have government subsidies, slowing adoption in those markets.
A lack of skilled technicians and support infrastructure limits reach in some areas.
Smart-enabled HPWHs are gaining popularity for their ease of monitoring and control.
Hybrid systems combining small tanks with on-demand heating are improving performance.
Cold-climate models are being engineered for better efficiency in low temperatures.
Waste heat recovery from HVAC systems is being integrated with HPWHs.
Eco-friendly refrigerants like R290 are starting to replace traditional options.