On the basis of source, the market is segmented into coconut milk, almond milk, and soy milk. Coconut milk dominated the market with a share of 37.4% in 2018. Easy availability, low cost, and ease of processing are the key factors boosting the growth of the segment. It is the most commonly used source by many brands due to its high consumer demand. In the vegan ice cream market, Almond milk is found to be the fastest-growing source for production, expanding at a CAGR of 15.8% over the forecast period. Consumption of almond milk for producing vegan products, especially in North America, will propel the market demand.
Leading companies in the industry are expanding their business globally to maximize their profit and market share. These companies are shifting from developed to developing countries. For instance, General Mills expanded its operations in more than 100 countries after its success in the United States.
Global Lotion and Moisturizer Market Leading Companies will have the Highest Market Share by 2025
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global Dairy-Free ice cream market report on the basis of source, flavor, distribution channel, and region:
When we zoom in on the skincare market (which includes lotions, creams, moisturizers, anti-aging serums, and cleansers), the top four performers are publishers rather than skincare brands. Furthermore, 17 of the top 22 performers are publishers, capturing 62.3% organic market share.
Across the skincare queries that Terakeet examined, Amazon ranked eighth in organic market share. In makeup, Amazon ranked slightly better in position five. Hair care products is where Amazon performed best in Google, with the second highest market share.
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global frozen dessert market report on the basis of product, distribution channel, and region:
As international CPG companies venture into the emerging world, many of them choose to sell only simple products that meet basic needs. And with good reason: fast-moving categories, such as soft drinks and laundry detergent, offer the greatest reach and the highest market potential.
The global skincare product market is driven by the increasing demand for sun creams, body lotions, face moisturizers, and other skin care products. The demand is increasing due to the rise in disposable income, urbanization in developing countries, changing lifestyles, and advanced skin care products. The skin care products are used for both beauty enhancing and as medicine for skin-related problems.
The market to majorly grow due to growing consciousness among consumers about looks and skin quality. The people are more sensitive towards using any kind of skin care products, making them choose more accurately what is most suitable for them. The growing global warming and climate change have increased the use of skin care products due to increasing harsh sunlight and dusty & dry weather which causes the skin to dark, dry, and crack. The increasing pollution levels in cities due to increasing number of industries is also causing bad effects on the skin, making people use more skin care products for protection.
Thus, rising awareness regrading harmful effects of harsh weather conditions coupled with growing knowledge about different chemicals and compounds to treat certain skin-related problems is significantly fueling the market growth of skin care globally. The rising urbanization in developing countries like India and China is leading to a surge in people's purchasing power, giving them the liberty to buy what they desired. The government in many countries has banned the use of animals for testing and the use of animal ingredients in personal and skin care products. This has negatively affected small and medium scale enterprises, thereby hindering the global skin care market growth to some extent.
The market for skin care products is rising due to adverse effects of weather on the skin like dryness, dark due to strong sunlight, cracks because of roughness and other skin diseases. The market for skin care products is also rising growing due to the increasing need and importance for grooming and personal hygiene among both men and women. The face product market has a significant share in the global skin care market. The demand is rising due to the growing use of anti-aging, sunblock, anti-tanning creams, and moisturizers. The growing use of skin brightening creams, the creams that reduce acne scars, pimples, age spots, freckles, etc. are growing the demand for skin care products.
The growing use of the internet and smartphones is increasing the skin care product market. The increasing penetration of the internet has given rise to a new platform for companies to sell their products. According to the World Bank Data, the number of people using the internet has grown two folds in a decade from 22.96% in 2008 to 49.72% in 2017. The increase in the internet user population will further grow the market for skin care products as more companies will sell their products online due to the increase in convenience and low investment.
Regionally, the global skin care market is classified into North America, South America, Europe, Middle East and Africa, and Asia Pacific. North America is expected to have a significant market share in the skin care market due to early adoption of new products, better technology, rising investment in research and development for expanding the product line and increasing advertisement and marketing through social media platforms for increasing the sales going to be a driving factor in the North America region. The growing demand for premium perfumes in the region to further expand the deodorants and fragrances market. The Asia Pacific region is expected to be the fastest-growing regional skincare market during the forecast period.
This commercial ice cream freezers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers commercial ice cream freezers market segmentations by type (display, storage, and hardening) and geography (Europe, North America, APAC, and South America). The commercial ice cream freezers market report also offers information on several market vendors, including AHT Cooling Systems GmbH, ComKit Refrigeration, Illinois Tool Works Inc., Qingdao Haier Co. Ltd., Rockwell Industries Ltd., Standex International Corp., The Middleby Corp., True Manufacturing Co. Inc., Welbilt Inc., and Yuyao Shangling Electrical Appliance Co. Ltd. among others.
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing demand for frozen desserts is notably driving the commercial ice cream freezers market growth, although factors such as compressor failure may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial ice cream freezers market industry. The market analysis for ice cream shop will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Increase in the number of ice cream parlors is the key driver fueling the commercial ice cream freezers market growth. The current shift in the organized format from the traditional format has accelerated the growth of different end-user industries. Convenience and value have become important for consumers because of their hectic lifestyles. Many end-users provide many products like gelato, ice cream, yogurt, and sorbet under the same roof, enabling the customers to save time and providing them with a variety of choices. Customers are increasingly purchasing products from ice cream parlors, which has led to an increase in the importance of organized ice cream parlors. Hence, the rise in the number of ice cream parlors is increasing the sales of ice cream, and this, in turn, is increasing the sales of commercial ice cream freezers. As a part of the business strategy, companies aims to generate a revenue of more than $10 billion by 2020. The companies are focusing on the establishment of direct distribution through branded freezers. They are expecting to establish themselves in more than 5,000 retail outlets by 2020. With such expansions, the ice cream market is expected to grow, which in turn is expected to propel the growth of the market in focus during the forecast period.
Increasing preference for customized ice cream freezers is the major trend fueling the commercial ice cream freezers market growth. The commercial ice cream freezers have higher-quality designs to ensure optimum durability. The manufacturers in the market are providing commercial ice cream freezers keeping in mind the application, location, and storage needs. For instance, companies like True Manufacturing and Beverage-Air provide a wide range of custom-made, commercial ice cream freezers specifically designed to meet the needs of commercial end-users. Customers are opting for custom-sized units that are built to the required specifications. For instance, companies like Master-Bilt are providing commercial ice cream freezers that can be custom designed to any size or shape The manufacturers are trying to provide customized products that are reliable and efficient, providing add-on features for convenience and ease of use for the customers. Companies are also providing commercial ice cream freezers with long-life LED lights of premium quality for effective merchandising. Many companies are manufacturing products with LED lights that offer a brilliant display while saving energy and reducing heat. 2ff7e9595c
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