U.S. Edible Oils & Fats Market Size, Share, Investment Outlook & Forecast, 2032
By jhon6225, 2025-08-13
Market Overview
The U.S. edible oils & fats market size was valued at 32.00 billion lbs in 2024. The market is projected to grow from 33.61 billion lbs in 2025 to 45.60 billion lbs by 2032, exhibiting a growth at CAGR of 4.5% during the forecast period.
List of Key U.S. Edible Oils & Fats Companies Profiled:
- American Vegetables Oils, Inc. (U.S.)
- Bunge Ltd. (U.S.)
- Cargill, Incorporated (U.S.)
- Columbus Vegetable Oils (U.S.)
- Connoils LLC (U.S.)
- Fuji Oil Company, Ltd. (Japan)
- Louis Dreyfus Company (Netherlands)
- Olam International (Singapore)
- The Archer Daniels Midland Company (U.S.)
- Wilmar International Ltd. (Singapore)
Market Composition and Segmentation
- Vegetable Oils
Vegetable oils represent the largest segment in the U.S. edible oils and fats market. It is widely used across households, restaurants, and food manufacturing due to its neutral flavor, affordability, and high heat tolerance.
Canola oil follows closely, favored for its low saturated fat content and high levels of omega-3 fatty acids. Sunflower, corn, and safflower oils are also increasingly popular, especially among consumers seeking non-GMO, heart-healthy alternatives.
- Animal Fats
Animal fats, including lard and tallow, have traditionally played an important role in American cooking and baking. However, their popularity declined in recent decades due to health concerns related to cholesterol and saturated fats. Nonetheless, they are making a modest comeback, particularly among those following high-fat diets like keto or paleo. Furthermore, animal fats are increasingly being used in industrial applications such as biofuel production.
- Specialty and Functional Oils
Oils like olive, coconut, avocado, and grapeseed have seen rising demand in recent years. These oils are typically marketed as premium, healthy, and functional products. Olive oil, rich in monounsaturated fats and antioxidants, is especially popular in Mediterranean-style cooking and among health-conscious consumers. Avocado oil, with its high smoke point and neutral taste, is gaining ground in both culinary and cosmetic uses.
Source: https://www.fortunebusinessinsights.com/u-s-edible-oils-fats-market-112871
Key Market Drivers
- Health & Wellness Trends
Modern consumers are more aware of how dietary fats impact overall health. This has led to increased demand for oils high in unsaturated fats and free from trans fats. Many households now opt for cold-pressed, unrefined oils that retain more nutrients and antioxidants. Labels highlighting heart health, organic certification, or non-GMO ingredients are also becoming key purchase influencers.
- Plant-Based and Clean Label Movements
The rise in vegetarian, vegan, and flexitarian lifestyles has contributed significantly to the growth of plant-based oils. Consumers are increasingly avoiding hydrogenated oils and artificial additives, prompting brands to reformulate products and improve ingredient transparency. Clean-label cooking oils and snacks are in high demand, especially among millennials and Gen Z consumers.
- Biofuel and Renewable Energy Demand
An important but often overlooked driver is the use of edible oils and fats in renewable diesel and biodiesel production Used cooking oil, animal fats, and soybean oil are major contributors to the growing renewable energy market, supported by state and federal incentives.
Market Challenges
While growth prospects remain promising, several challenges persist:
- Price Volatility : Weather patterns, geopolitical tensions, and export restrictions affect the pricing of oilseeds like soybean and canola.
- Sustainability Concerns : The environmental impact of palm oil production and the carbon footprint of large-scale agriculture remain critical issues.
- Supply Chain Disruptions : Global supply chain instability has caused delays and shortages in both raw material sourcing and final product distribution.
- Regulatory Pressure : Stricter regulations on labeling, trans fats, and genetically modified organisms (GMOs) are pushing manufacturers to innovate or reformulate.
Future Outlook
The U.S. edible oils and fats market is expected to grow at a CAGR of around 4.5% between 2025 and 2032. Factors such as the rising popularity of functional foods, growing demand for clean-label products, and the use of oils in non-food applications like cosmetics and bioenergy will further boost the industry.
In the coming years, we can expect:
- Increased adoption of precision agriculture and biotech for higher oilseed yields.
- Continued shift toward organic and specialty oils.
- Innovation in fat-alternative technologies, such as structured lipids or plant-based emulsifiers.
KEY INDUSTRY DEVELOPMENTS
- October 2023: Louis Dreyfus Company (LDC), a Netherlands-based agriculture merchant, announced the construction of a new soybean processing plant in Upper Sandusky, Ohio. The facility will integrate crushing, vegetable oil refining, lecithin production, and packaging capabilities. As a result, the plant will strengthen LDC’s core merchandising capabilities by adding capacity to process U.S. soy into value-added products such as edible oils and lecithin.
- October 2023: Cargill, Incorporated, a prominent manufacturer in the U.S., planned to exclusively offer palm oil certified by the Roundtable for Sustainable Palm Oil (RSPO) from its U.S. refineries. Thus, this decision reflects the increasing demand for sustainably sourced ingredients from consumers and manufacturers.
Market Overview:
The U.S. biofertilizers market size was USD 523.46 million in 2024. The market is projected to grow from USD 584.41 million in 2025 to USD 1,288.30 million by 2032, exhibiting a CAGR of 11.95% during the 2025-2032 period.
Key drivers include the rising demand for organic food, stringent regulations on chemical fertilizers, and advancements in microbial technologies. Major products include nitrogen-fixing, phosphate-solubilizing, and potassium-mobilizing biofertilizers, catering primarily to cereals, pulses, fruits, and vegetables. Leading companies are Novozymes, BASF, and Rizobacter, focusing on innovation and strategic partnerships to strengthen their market presence.
Segmentation:
The U.S. biofertilizers market is segmented by type, crop type, and application. By type, it includes nitrogen-fixing, phosphate-solubilizing, potassium-mobilizing, and others. Crop type segmentation covers cereals & grains, pulses & oilseeds, fruits & vegetables, and others. Application-wise, the market is divided into soil treatment, seed treatment, and others. Nitrogen-fixing biofertilizers dominate due to their efficiency in enhancing soil fertility. Fruits and vegetables are the leading crop segments, driven by the rising demand for organic produce. Seed treatment applications are gaining traction for their effectiveness in improving germination rates and crop yield.
LIST OF KEY COMPANIES PROFILED:
- Lallemand Inc. (Canada)
- Kiwa Bio-Tech Products Group Corporation (U.S.)
- BioWorks, Inc.(U.S.)
- Novozymes A/S (Denmark)
- Rizobacter S.A. (Argentina)
- SYMBORG CORPORATE, SL. (Spain)
- Suståne Natural Fertilizer, Inc. (U.S.)
- The Espoma Company (U.S.)
- AgroLiquid (U.S.)
- Chr. Hansen Holding A/S (Denmark)
Source: https://www.fortunebusinessinsights.com/u-s-biofertilizers-market-107602
Market Growth
The U.S. biofertilizers market is experiencing robust growth driven by increasing demand for sustainable agricultural practices and organic food. The market is projected to expand at a compound annual growth rate (CAGR) of around 11.95% from 2025 to 2032. Key factors fueling this growth include rising awareness of the environmental impact of chemical fertilizers, government support for eco-friendly farming, and advancements in microbial technologies. The adoption of biofertilizers is particularly strong in high-value crop segments like fruits and vegetables, and in regions with a strong emphasis on organic farming, such as California. Innovations and strategic partnerships among key players further propel market expansion.
U.S. Biofertilizers Market Future Growth* Rising Demand for Sustainable Agriculture: There is a growing trend toward sustainable farming practices. Farmers are increasingly seeking eco-friendly solutions. Biofertilizers support soil health and reduce chemical use.
- Government Support and Regulations: The U.S. government is promoting the use of biofertilizers. Incentives and subsidies are available for farmers adopting these products. This creates a favorable environment for market growth.
- Increased Awareness Among Farmers: More farmers are becoming aware of the benefits of biofertilizers. Education and outreach programs are helping to spread knowledge. This awareness is driving demand in the market.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Market Competitive Analysis:
The U.S. biofertilizers market is highly competitive, with key players focusing on innovation, strategic partnerships, and mergers to enhance their market position. Major companies such as Novozymes, BASF, Rizobacter, and Symborg dominate the market. Novozymes leads in microbial-based solutions, while BASF leverages its extensive agrochemical portfolio. Rizobacter specializes in seed inoculants, and Symborg focuses on advanced microbial technologies. These companies invest heavily in research and development to introduce effective and sustainable products. Competition is also driven by the need to comply with stringent environmental regulations and the rising demand for organic and eco-friendly agricultural inputs.
U.S. Biofertilizers Market Challenge
- Regulatory Hurdles: Navigating the complex regulations can be a significant challenge for biofertilizer companies. They must comply with both federal and state guidelines, which can be time-consuming.
- Limited Awareness: Many farmers are unaware of the benefits of biofertilizers. This lack of knowledge can hinder adoption rates, despite their advantages over chemical fertilizers.
- Higher Initial Costs: Biofertilizers can have a higher upfront cost compared to traditional fertilizers. This can deter farmers, especially those with tight budgets.
Key Industry Development:
- January 2022: U.S.-based start-up Kula Bio raised USD 50 million in series A to enhance its production capability and invest on advancing its technology to develop new products.
Market Size & Forecast
The global saccharin market size was valued at USD 3.50 billion in 2024. The market is projected to grow from USD 3.72 billion in 2025 to USD 6.26 billion by 2032, exhibiting a growth at a CAGR of 7.69% during the forecast period. Asia Pacific dominated the saccharin market with a market share of 36% in 2024.
List of Key Saccharin Companies Profiled
- Kyung-In Synthetic Corporation (South Korea)
- Tianjin Changjie Chemical Co., Ltd. (China)
- PRODUCTOS ADITIVOS, S.A. (Spain)
- Salvi Chemical Industries Ltd. (India)
- Shanghai Fortune Chemical Co., Ltd. (China)
- Merck KGaA (Germany)
- Foodchem International Corporation (China)
- MUBY CHEMICALS (India)
- Kaifeng Xinghua Fine Chemical LTD (China)
- Batang Alum Industrie (Indonesia)
Report Coverage:
The research report presents a comprehensive analysis of the market, emphasizing critical elements such as the competitive landscape, product categories, raw materials, and distribution channels. It also explores emerging market trends and highlights significant industry developments. Furthermore, the report outlines various factors that have driven market growth in recent years.
Source: https://www.fortunebusinessinsights.com/saccharin-market-113512
Market Segmentation
By Type
- Sodium Saccharin – The dominant segment due to its affordability, long shelf life, and wide use across industries. It is especially favored in beverages, confectionery, and tabletop sweeteners.
- Calcium Saccharin – Preferred in applications where sodium content must be minimized, such as in certain pharmaceutical and health-focused food products.
- Insoluble Saccharin – Used primarily in industrial and specialized applications where water solubility is not required.
By Form
- Granular (Dry) – The most common form, valued for its ease of handling, precise dosing, and stability during processing. Widely used in manufacturing and as a tabletop sweetener.
- Liquid – Preferred for applications where fast and complete solubility is needed, such as in liquid pharmaceuticals, syrups, and certain beverage formulations.
By Application
- Food & Beverages – The largest segment, driven by use in diet sodas, sugar-free confectionery, baked goods, dairy products, and other low-calorie items. The increasing popularity of sugar-free and low-calorie diets boosts adoption.
- Pharmaceuticals – Used to mask the bitterness of active pharmaceutical ingredients, making medicines more palatable. Common in chewable tablets, syrups, and lozenges.
- Tabletop Sweeteners – Popular among consumers who want to control sugar intake in coffee, tea, and other beverages at home or in restaurants.
- Personal Care & Cosmetics – Incorporated in products such as toothpaste and mouthwash to enhance taste without promoting tooth decay.
- Other Industrial Uses – Includes applications in animal feed, adhesives, and electroplating.
By Distribution Channel
- Offline Channels – Including supermarkets, hypermarkets, convenience stores, and pharmacies. These remain the primary sales avenue due to consumer trust and the ability to physically inspect products.
- Online Channels – Growing rapidly with the rise of e-commerce and increasing health-conscious consumer segments seeking convenience and product variety.
Regional Insights
North America holds the largest share of the saccharin market, supported by strong demand in food and beverage, pharmaceutical, and personal care industries. Asia Pacific is the fastest-growing region, fueled by rising incomes, rapid urbanization, and increasing health awareness among consumers. Europe is experiencing moderate growth, with momentum driven by favorable regulatory trends and a shift toward clean-label and sugar-reduction initiatives.
Saccharin Market Drivers, Restraints, and Trends & Innovations
Drivers
Health-Conscious Consumers – The rising prevalence of obesity, diabetes, and lifestyle-related health issues is driving demand for low-calorie sweeteners like saccharin.
Cost and Sweetness Efficiency – Saccharin is significantly sweeter than sugar while being low-cost and stable under heat and acidic conditions, making it ideal for processed products.
Diverse Applications – Saccharin is used across food and beverages, pharmaceuticals, personal care, veterinary products, and various industrial applications, broadening its market reach.
Regulatory Support – Increasing recognition of saccharin’s safety by regulatory authorities has improved market confidence and expanded its approved applications.
Innovation and R&D – Manufacturers are investing in better-tasting, more soluble, and multi-application saccharin formulations to meet evolving consumer preferences.
Restraints
Historical Safety Concerns – Past associations with health risks have led to some consumer skepticism despite studies confirming saccharin’s safety for human consumption.
Competition from Natural Sweeteners – Growing popularity of natural alternatives like stevia and monk fruit challenges saccharin’s market share.
Raw Material Price Volatility – Fluctuations in feedstock availability and pricing may pressure manufacturer margins.
Trends & Innovations
Regulatory Updates – Increases in acceptable daily intake and relaxed labeling requirements have enhanced consumer perception and broadened usage opportunities.
Formulation Enhancements – Blending saccharin with other sweeteners or flavor masks helps reduce aftertaste and improve solubility in various products.
Expanded Industry Applications – Saccharin is increasingly used in pharmaceuticals, personal care products like toothpaste and creams, and industrial applications such as adhesives and animal feed.
Sustainable and Scalable Production – Companies are focusing on eco-friendly and cost-effective manufacturing processes to align with sustainability initiatives.
KEY INDUSTRY DEVELOPMENTS
- April 2025: A recent study published by Embo Molecular Medicine, a peer-reviewed medical journal, stated that saccharin showcases antimicrobial potential, such as triggering bacterial lysis, disrupting biofilms, and minimizing the growth of multidrug-resistant pathogens on consumption.
- August 2024: Foodchem International Corporation, a Chinese food ingredients producer, participated in Food Ingredients South America, a trade fair held in Brazil. During this event, the company showcased a range of products, such as sugar substitutes, konjac gum, gelatin , and others, to the visitors.
Report Overview
The global dark chocolate market size was valued at USD 5.68 billion in 2024. The market is projected to grow from USD 5.97 billion in 2025 to USD 8.98 billion by 2032, exhibiting a CAGR of 5.99% during the forecast period. Europe dominated the dark chocolate market with a market share of 47.89% in 2024.
LIST OF KEY DARK CHOCOLATE COMPANIES PROFILED
- Barry Callebaut AG (Switzerland)
- Cargill, Incorporated (U.S.)
- CEMOI Group (France)
- Fuji Oil Company Ltd. (Japan)
- Guittard Chocolate Company (U.S.)
- Kerry Group (Ireland)
- Mars Incorporated (U.S.)
- Mondelez International, Inc. (U.S.)
- Nestle S.A. (Switzerland)
- The Hershey Company (U.S.)
Report Coverage:
The research report presents a comprehensive analysis of the market, emphasizing critical elements such as the competitive landscape, product categories, raw materials, and distribution channels. It also explores emerging market trends and highlights significant industry developments. Furthermore, the report outlines various factors that have driven market growth in recent years.
Segments
By Type / Cocoa Content
Preference for high cocoa-content dark chocolate is increasing, with this segment emerging as the fastest-growing category in the market.
By Form
- Bars dominate the market, driven by their convenience, portability, and portion control benefits.
By Application
- Confectionery leads the market, supported by innovations in fillings, coatings, and artisanal product formats.
- Usage is also expanding in personal care and cosmetics, leveraging dark chocolate’s antioxidant and skin-nourishing properties.
By Distribution Channel
- Online retail has witnessed significant growth—especially post-pandemic—due to its convenience, variety, and direct-to-consumer accessibility.
- Supermarkets and hypermarkets remain strong, particularly in Asia-Pacific, where they continue to be a preferred purchasing channel.
Source: https://www.fortunebusinessinsights.com/dark-chocolate-market-113505
Drivers & Restraints
Drivers:
Rising health awareness is driving demand for dark chocolate, as its high flavonoid and antioxidant content appeals to consumers seeking benefits such as improved heart health and better blood flow. At the same time, premiumization trends are fueling interest in artisanal, organic, and ethically sourced varieties, boosting profit margins and encouraging brand innovation. Additionally, the pandemic has accelerated a shift toward e-commerce, making dark chocolate more accessible and offering consumers a wider range of choices than ever before.
Restraints:
Rising cocoa prices, driven by supply disruptions and poor harvests, are putting pressure on profit margins and leading to higher retail prices. These challenges are compounded by supply chain risks, as cocoa-producing regions grapple with climate change impacts and political instability, creating ongoing volatility in the market.
Market Trends and Innovations
Organic and ethically sourced dark chocolate offerings are becoming increasingly popular, aligning with global sustainability trends and enhancing premium market positioning. At the same time, functional and flavor diversity is expanding rapidly, with products incorporating ingredients such as matcha, probiotics, and collagen gaining strong traction—particularly in the Asia-Pacific region, where health and novelty drive consumer interest. Complementing these trends, the rapid expansion of e-commerce platforms is enabling brands to reach broader and more niche markets, making it easier for consumers worldwide to access specialty and innovative dark chocolate products.
Regional Insights
North America remains the largest regional market, driven by premiumization and a well-established retail and e-commerce infrastructure. Europe has a mature and sophisticated consumer base with high per capita chocolate consumption, supported by strong artisan and premium segments. Asia-Pacific is the fastest-growing region, propelled by the rising adoption of premium and functional chocolate varieties. Country highlights include Japan, which favors functional flavors such as matcha and probiotics; China, where growth is fueled by gifting culture and premium online purchases; India, reflecting increasing urban health trends and expanding e-commerce; Australia, showing steady demand for organic dark chocolate; and South Korea, benefiting from a vibrant café culture and influencer-led marketing.
The Future Outlook: Trends & Growth
- Premiumization and Health Focus : High-cocoa, organic, and functional dark chocolate will continue to attract premium and wellness-minded consumers.
- Digital Commerce Expansion : E-commerce and targeted marketing will further accelerate reach and adoption—especially among younger urban demographics.
- Sustainability and Ethical Sourcing : Cocoa supply chain transparency, environmental stewardship, and fair pricing will become central to brand differentiation—especially in light of rising cocoa costs and producer challenges.
- Regional Growth Leverage : Emerging markets like India and China will see rising demand as incomes grow and taste preferences evolve.
KEY INDUSTRY DEVELOPMENTS
- May 2025 – HU, a chocolate brand, expanded its product range by launching wrapped Dark Chocolate Bites. It includes three varieties: Hazelnut Butter, Cashew Butter + Pure Vanilla Bean, and a new flavor, Creamy Coconut.
- November 2024 - Awake Chocolate, a Canadian company, launched the Dark Chocolate Variety Pack. The newly launched chocolate products are available in two new flavors: Salted Almond Dark Chocolate and Salted Caramel Dark Chocolate.
Market Size:
The global ketchup market size was valued at USD 25.92 billion in 2024. The market is projected to grow from USD 27.51 billion in 2025 to USD 43.06 billion by 2032, exhibiting a CAGR of 6.61% during the forecast period. North America dominated the ketchup market with a market share of 36.77% in 2024.
LIST OF KEY KETCHUP COMPANIES PROFILED
- Nestle S.A. (Switzerland)
- The Kraft Heinz Company (U.S.)
- Unilever Ltd. (India)
- The Fremont Company (U.S.)
- Agro Tech Foods Limited (ATFL) (India)
- Conagra Brands, Inc. (U.S.)
- General Mills Inc. (U.S.)
- Campbell Soup Company (U.S.)
- Premier Foods Plc (U.K.)
- Kagome Co., Ltd (Japan)
- Lee Kum Kee (Hongkong)
Product Insights: Non-Flavored Ketchup Remains the Market Leader
By product type, non-flavored ketchup continues to hold the largest market share and is expected to maintain this position in the coming years. Its widespread popularity is linked to versatility—non-flavored ketchup pairs well with a broad range of foods and appeals to both children and adults.
While traditional tomato ketchup dominates, the market is seeing increasing interest in flavored varieties , such as spicy chili ketchup, garlic-infused ketchup, and fruit-based blends. These innovations cater to adventurous consumers seeking new taste experiences and are helping brands differentiate themselves in a competitive space.
Source: https://www.fortunebusinessinsights.com/ketchup-market-106033
Market Growth Drivers
Several key factors are fueling the growth of the ketchup market:
- Fast-Food Industry Expansion – The rapid growth of QSR chains such as McDonald’s, Burger King, and KFC is directly linked to rising ketchup consumption.
- Urbanization and Busy Lifestyles – In urban areas, consumers prefer ready-to-eat meals and packaged condiments for convenience.
- E-Commerce Penetration – Online grocery platforms have made it easier for consumers to purchase a variety of ketchup brands and flavors, boosting sales.
- Product Innovation – Health-focused products, such as sugar-free or low-sodium ketchup, are attracting health-conscious buyers.
- Cultural Adaptation – Brands are launching region-specific flavors to cater to local tastes, increasing acceptance in new markets.
Regional Opportunities
While North America is currently the largest market, Asia-Pacific is projected to witness the fastest growth over the forecast period. Countries such as India, China, and Indonesia are seeing rising adoption of Western-style fast food, increased disposable incomes, and improved access to packaged goods through modern retail formats.
In Latin America , the ketchup market is benefiting from the growing popularity of street food and fast-casual dining. Meanwhile, the Middle East & Africa are emerging as potential growth hotspots due to urbanization, a young consumer base, and expanding retail infrastructure.
Challenges and Restraints
Despite strong growth prospects, the ketchup market faces several challenges:
- Health Concerns – Traditional ketchup often contains high sugar and sodium levels, which can deter health-conscious consumers.
- Raw Material Price Volatility – Fluctuating prices of tomatoes due to climate conditions can impact production costs.
- Competition from Other Condiments – Mayonnaise, mustard, and hot sauces are competing for consumer attention, especially in markets with diverse culinary traditions.
Brands that proactively address these challenges by reformulating products and diversifying their offerings will have a competitive edge.
Future Outlook
Looking ahead, the ketchup market is expected to benefit from:
- Healthier Variants – Organic, preservative-free, and sugar-reduced ketchups will gain market share.
- Sustainable Packaging – Recyclable bottles, pouches, and biodegradable materials will become more common.
- Flavor Innovation – Regional and exotic flavor blends will help brands capture niche markets.
- Digital Marketing – Social media and influencer partnerships will continue to drive consumer awareness and brand loyalty.
With its blend of tradition and innovation, the ketchup market is well-positioned to remain a pantry staple while evolving to meet the demands of modern consumers. From classic tomato ketchup to bold new flavors and sustainable packaging, the industry’s future looks bright, promising both strong revenue growth and exciting product diversity in the years to come.
KEY INDUSTRY DEVELOPMENTS
- November 2024: Agro Tech Foods Limited (ATFL), backed by Samara Capital, acquired Del Monte Foods Private Limited (DMFPL) for over USD 154.03 million. The acquisition granted Agro Tech Foods Limited (ATFL) ownership of Del Monte products such as ketchup, pasta , oil, and brands in India.
- July 2024: Shark Tank Winner Noshi announced the launched of new organic ketchup, made specially for kids. The new product is made from organic ingredients, kosher-certified, gluten-free, and vegan.
Market Overview:
The global soy flour market size was valued at USD 6.80 billion in 2024. The market is projected to grow from USD 7.27 billion in 2025 to USD 11.98 billion by 2032, exhibiting a CAGR of 7.40% during the forecast period. Asia Pacific dominated the soy flour market with a market share of 44.41% in 2024.
LIST OF KEY SOY FLOUR COMPANIES PROFILED:
- Cargill Inc. (U.S.)
- ADM (U.S.)
- CHS Inc. (U.S.)
- DuPont (U.S.)
- Wilmar International Ltd (Singapore)
- Foodchem International Corporation (China)
- Sun Nutrafoods (India)
- Seasons International Pvt. Ltd (India)
- American International Foods, Inc. (U.S.)
- Avi Agri Business Limited (India)
Report Coverage:
The report provides a detailed analysis of the worldwide market, using statistics and detailed explanations. It includes expert opinions from interviews with important people, collected through emails, phone calls, and surveys, as well as from official documents and websites. The report uses both detailed and broad methods to give a full understanding of the products.
Soy Flour Market Growth:
The soy flour market is witnessing robust growth, driven by increasing demand for plant-based proteins, health-conscious eating, and gluten-free alternatives. Consumers are turning to soy flour for its high protein content, versatility, and functional benefits in bakery, snacks, and meat substitutes. Rising vegan and vegetarian trends, especially in North America, Europe, and Asia Pacific, are boosting product adoption. Technological advancements in soy processing and the development of non-GMO, clean-label products are further expanding market opportunities. As awareness of sustainable and protein-rich diets grows, the global soy flour market is projected to experience steady expansion in the coming years.
Source: https://www.fortunebusinessinsights.com/soy-flour-market-113436
Soy Flour Market Drivers and Restraints:
Drivers: The soy flour market is driven by rising demand for plant-based proteins, growing health awareness, and increasing popularity of vegan and vegetarian diets. Its use in gluten-free and high-protein products, along with expanding applications in bakery, meat alternatives, and functional foods, fuels market growth. The affordability and nutritional value of soy flour further enhance its appeal.
Restraints: However, market growth is restrained by concerns over soy allergies, the widespread use of genetically modified (GM) soybeans, and fluctuating soybean prices. Additionally, consumer preference for clean-label or non-GMO products may limit adoption in regions with strict food labeling regulations.
Soy Flour Market Regional Insights:
The soy flour market shows strong regional dynamics. North America leads with high demand for plant-based, protein-rich foods, especially in the U.S. Asia Pacific is the fastest-growing region, driven by abundant soy production and rising consumption in China and India. Europe favors non-GMO soy flour due to clean-label preferences and strict regulations. Latin America, with strong soybean cultivation in Brazil and Argentina, is witnessing steady growth. The Middle East & Africa show emerging potential as health awareness and demand for affordable protein sources rise. Across regions, soy flour’s role in bakery, snacks, and meat alternatives continues to support market expansion.
KEY INDUSTRY DEVELOPMENTS:
- September 2024 - Bartlett, a family-owned company, opened a new soybean processing plant in Cherryvale, Kansas. The new plant has the capacity of approximately 49 million bushels of soybeans annually.
- February 2024 – Amfora Inc., a biotechnology company specializing in developing sustainable protein products, launched its ultra-high plant protein products - Amfora Ultra-High Protein Soy flour, Texturized Vegetable Protein, and Crisps to the market.
Market Size
The global pizza market size was valued at USD 272.40 billion in 2024. The market is projected to grow from USD 282.91 billion in 2025 to USD 409.50 billion by 2032, exhibiting a CAGR of 5.42% during the forecast period. North America dominated the pizza market with a market share of 38.83% in 2024.
North America Remains the Market Leader
North America continues to dominate the pizza market, accounting for 38.83% of the global share in 2024. The U.S. remains at the forefront, driven by strong consumer demand for both ready-to-eat and frozen pizza options. Leading brands such as Domino’s, Pizza Hut, and Papa John’s are capitalizing on this demand through aggressive expansion, menu innovation, and digital ordering platforms.
In the U.S., technology plays a pivotal role. Mobile apps, AI-driven recommendations, and third-party delivery platforms like DoorDash and Grubhub have revolutionized how consumers order pizza. The ability to customize pizzas in real-time and receive them within minutes has set new standards for convenience and customer satisfaction.
Key Country Highlights
- United States – High market penetration and consistent innovation drive sales. Frozen and ready-to-eat pizzas enjoy strong retail demand alongside booming QSR sales.
- Italy – The birthplace of pizza continues to blend tradition with innovation. While artisanal pizzerias thrive, global chains are also finding their place in the Italian market.
- India – Rapid urbanization, a growing middle class, and higher disposable incomes are fueling demand. Global brands such as Domino’s dominate, offering localized toppings to suit Indian tastes.
- Brazil – The market is expanding thanks to a rising appetite for international cuisines and the presence of both global players and regional chains like Sampa.
Segmentation Insights
By Product Type
- Non-Vegetarian Pizza – Expected to maintain the largest market share in 2025, thanks to popular toppings like pepperoni, sausage, chicken, and seafood.
- Vegetarian Pizza – Predicted to be the fastest-growing segment, supported by increasing health awareness, vegetarian diets, and plant-based alternatives.
By Distribution Channel
- Quick-Service Restaurants (QSRs) – The leading channel, benefiting from high consumer footfall in shopping malls, urban centers, and food courts. QSRs offer competitive pricing, speed, and convenience, making them the preferred choice for many customers.
- Full-Service Restaurants (FSRs) and Retail – While QSRs lead, dine-in restaurants and supermarket pizza sales are also on the rise, especially in markets where artisanal and premium options are in demand.
Source: https://www.fortunebusinessinsights.com/pizza-market-113456
Market Trends and Growth Drivers
- Digital Transformation in Ordering and Delivery
The adoption of mobile apps, smart kiosks, and AI-based recommendations is reshaping the pizza-buying experience. Contactless delivery, tracking features, and even robotic deliveries are enhancing convenience. - Customization and Premiumization
Consumers are seeking personalized dining experiences. Build-your-own pizza options and premium toppings such as truffle oil, artisanal cheeses, and organic vegetables are becoming mainstream. - Health and Wellness Movement
Growing awareness of nutrition has led to increased demand for gluten-free crusts, whole-grain bases, low-fat cheeses, and plant-based protein toppings. This trend is particularly strong among younger, health-conscious consumers. - Globalization of Flavors
Pizza menus are increasingly reflecting local tastes, with region-specific toppings and sauces. From paneer tikka pizzas in India to feijoada-inspired options in Brazil, brands are tailoring menus to regional preferences. - Sustainability Efforts
Many pizza brands are focusing on eco-friendly packaging, sourcing ingredients locally, and adopting carbon-neutral operations to appeal to environmentally aware customers.
Challenges Facing the Market
Despite its global popularity, the pizza market faces challenges that could slow growth. Rising health concerns linked to fast-food consumption—including obesity, cardiovascular diseases, and diabetes—are leading some consumers to reduce their intake of high-calorie, high-sodium foods. Additionally, fluctuating raw material prices, particularly for wheat, cheese, and meats, can impact profitability.
Opportunities Ahead
The industry still has significant room for innovation. The rise of plant-based meat alternatives presents new opportunities for vegetarian and vegan pizza offerings. Advances in frozen food technology are improving the quality and shelf life of retail pizzas, making them more competitive with fresh options. Furthermore, emerging markets in Asia-Pacific and Latin America remain relatively untapped, with enormous potential for growth as incomes rise and urban lifestyles spread.
Regional Outlook
- North America – Strong digital infrastructure and established QSR networks ensure continued dominance.
- Europe – Growth is driven by artisanal offerings and gourmet trends, with Italy remaining a cultural and culinary hub.
- Asia-Pacific – Expected to post the fastest growth, thanks to urbanization, rising incomes, and the localization of international pizza menus.
- Latin America – Growing tourism, cultural openness to international cuisines, and urban expansion are supporting market growth.
Future Outlook
The future of the pizza market lies in the ability to balance tradition with innovation. Brands that successfully merge authentic recipes with modern technology, cater to evolving dietary needs, and embrace sustainability will remain competitive. As digital engagement increases and delivery infrastructure improves, consumers can expect faster, fresher, and more personalized pizza experiences.
Given its adaptability and universal appeal, pizza’s role in the global foodservice industry is secure. From bustling metropolitan cities to small-town eateries, pizza will continue to be a symbol of comfort, convenience, and cultural fusion—driving the market toward the projected USD 409.50 billion valuation by 2032.
KEY INDUSTRY DEVELOPMENTS
- April 2025: Domino’s Pizza Inc., an American multinational pizza restaurant chain, partnered with DoorDash, Inc., an online food delivery company. The partnership would allow Domino's to reach new consumers through DoorDash Marketplace.
- March 2025: Flynn Group, one of the largest franchise operators in the U.S., acquired franchise rights of 45 Pizza Hut restaurants in Alabama, Georgia, and Tennessee. The acquisition would allow Flynn Group to expand its quick service and fast casual brands.
Market Overview:
The global brewing ingredients market size was valued at USD 122.65 billion in 2024. The market is projected to grow from USD 126.99 billion in 2025 to USD 182.97 billion by 2032, exhibiting a CAGR of 5.36% during the forecast period of 2025-2032. Asia Pacific dominated the brewing ingredients market with a market share of 32.53% in 2024.
LIST OF KEY BREWING INGREDIENTS COMPANIES PROFILED:
- American International Foods, Inc. (U.S.)
- RahrBSG. (U.S.)
- Kerry Group plc. (Ireland)
- AngelYeast Co., Ltd. (China)
- Cargill, Incorporated (U.S.)
- Boortmalt N.V. (Belgium)
- Lesaffre (France)
- Viking Malt (Finland)
- Maltexco S.A. (Chile)
- Lallemand Inc. (Canada)
Rising Popularity of Craft Brewing
One of the most influential trends propelling the brewing ingredients market is the surging interest in craft beer . Across North America, Europe, and Asia-Pacific, consumers are turning toward small-batch, artisanal brews that offer unique flavors, high-quality ingredients, and brand authenticity. This shift away from mass-produced beers has sparked demand for specialty ingredients like unique malt varieties, exotic hops, and customized yeast strains.
Craft brewers continually experiment with new ingredients and fermentation methods to create distinctive sensory profiles. As a result, ingredient suppliers are innovating with flavor-specific malt extracts , high-alpha hops, and enzymes that improve brewing efficiency and flavor stability.
Dominance of Malt Extracts in Ingredient Segments
Malt remains the dominant brewing ingredient, particularly in the form of malt extracts , which are widely used in both commercial and home brewing. Barley malt is the most preferred source, but there is rising interest in non-barley malts like wheat, rye, corn, and oats to produce differentiated products and cater to gluten-free consumers.
The report indicates that malt extract usage is growing steadily, especially among small and medium-sized breweries that seek consistency, scalability, and ease of storage. Moreover, specialty malts are enabling brewers to create complex beer styles such as porters, stouts, and sour ales, which younger, urban consumers increasingly favor.
Source: https://www.fortunebusinessinsights.com/brewing-ingredients-market-112480
Growing Demand for Non-Alcoholic and Functional Beers
Another significant driver reshaping the brewing ingredients market is the rising demand for non-alcoholic and low-alcohol beers . Consumers, particularly in Europe and Asia, are opting for beverages that align with health and wellness goals, including lower calories, no alcohol, and added functional benefits.
This trend has pushed ingredient manufacturers to develop functional yeast strains , fermentation inhibitors, and brewing enzymes that reduce alcohol content without compromising taste. Ingredients such as botanical infusions , vitamins, and probiotics are also being integrated into brewing formulations to cater to the wellness-oriented demographic.
Regional Trends and Asia-Pacific Leadership
Regionally, Asia-Pacific emerged as the leading market in 2024 and is expected to grow at the fastest rate throughout the forecast period. This growth is attributed to increasing beer consumption in countries such as India, China, Japan, and Vietnam , along with the expansion of urban middle-class populations and the influence of Western beer culture.
China, in particular, has witnessed a sharp rise in premium and craft beer consumption, prompting local and international brewers to invest heavily in ingredient sourcing and product innovation. India’s beer industry is also evolving, with a significant uptick in microbreweries and flavored beer variants.
North America and Europe remain mature markets but are focusing more on sustainable brewing practices, organic ingredients, and diversification into non-traditional beer products.
Sustainability and Innovation
Sustainability is gaining momentum in the brewing ingredients market. Brewers and ingredient manufacturers are increasingly turning to locally sourced grains , organic farming methods , and eco-friendly packaging to reduce their environmental footprint. Additionally, innovations in enzyme technologies are helping brewers reduce water and energy consumption during production.
Digitalization is also entering the brewing space. Smart brewing systems, AI-based fermentation monitoring, and blockchain-based ingredient traceability are enabling a more transparent and efficient value chain.
KEY INDUSTRY DEVELOPMENTS
- July 2024: AB Biotek, a subsidiary of AB Mauri, expanded its product portfolio by launching a dry yeast range under its premium brand, Pinnacle. The company launched this product for industrial and craft brewers.
- March 2024: Far Yeast Brewing Co., Ltd., one of the key brewing products manufacturing companies, renewed its standard brands “Far Yeast Tokyo Series” and “Far Yeast Genryu Series” and relaunched its “Far Yeast Series.” These yeast products are developed for brewing applications.