The global Grass Jelly Market is estimated to expand at a stable CAGR by 2022; according to a report available on Radiant Insights, Inc. Growing necessity for low calorie and highly nutritious food products is anticipated to propel demand for grass jelly over the forecast period (2018 to 2022). Grass jelly is made from leaves and stalks of mesona chinensis plant and can offer various health benefits if consumed on regular basis.
Multiple health benefits of grass jelly drinks such as relief from digestive problems, weight maintenance, killing tumor cells in stomach, liver, and kidneys are expected to propel product demand in the coming years. To cater to the rising demand for grass jelly, most manufacturing companies are adopting grass jelly as one of the essential ingredients to offer healthy food products for consumer use.
For instance, Vietnamese Immigrants recently opened bubble tea franchise in Moncton, Canada that offers grass jelly as topping. In another instance, McDonald’s recently introduced its new menu in Singapore. This menu is predominantly based on the unique demand pattern of the local consumers. It contains Nasi Lemak Burger, Chendol McFlurry, and drinks like Bandung Mcfizz and Pandan Coco Frappe that blend coconut and pandan flavors with grass jelly.
Growing cases of heart disorders owing to increasing geriatric population is likely to propel market growth in the coming years. High demand for healthy food products can stimulate growth of the grass jelly market. The S-S tetandrin and isokandrodendrin compounds in grass jelly leaves are considered effective against tumor cells. This likely to impel market growth in the next few years. Rising adoption of natural antibiotic drugs to treat various types of bacterial infections and viruses can propel growth of the market. Growing health awareness and rising consumption of low calorie food is expected to further fuel the market during the forecast period.
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The global grass jelly market can be segregated on the basis of product type, application, and region. Based on product type, the market can be divided into green grass jelly and black grass jelly. Based on application, the market can be segmented into food products and healthcare. Based on region, the market can be classified into Europe, North America, and Asia Pacific.
In Asia Pacific, the market is likely to display maximum growth in near future owing to increasing use of grass jelly as flavoring agent in a number of food products. High adoption of grass jelly tea as an alternative to tapioca boba bubble tea is expected to foster growth of the regional market. In Mainland China and Hong Kong, grass jelly is served with various ingredients such as sago, mango, watermelon, and condensed or evaporated milk. In Indonesia, it is being manufactured in instant powder form with the help of the leaves of platostoma palustre, melastoma polyanthum, and cyclea barbata.
In North America, the grass jelly market is expected to witness steady growth in the forthcoming years owing to increasing demand from heart and cancer patients in the region. Presence of high fiber content and nutrients in green grass jelly is likely to help consumers reduce fat and hence reduce chances of heart related problems. In addition, grass jelly leaves are considered to be effective in killing tumor cells in organs such as stomach, kidneys, and liver. This can further propel the regional growth over the forecast period.
In Europe, the grass jelly market is anticipated to grow at a remarkable CAGR during the forecast period. This growth is attributed to high awareness regarding health benefits of black grass jelly. Consumers are keen on adopting canned and bottled ready-to-drink grass jelly teas over tapioca.
Some of the leading companies offering grass jelly products are Chin Chia, Yeo’s, Golden Sound, Cheers, and Unifresh.
Browse Full Research Report With TOC on https://www.radiantinsights.com/research/global-grass-jelly-market-research-report-2018
The report includes six parts, dealing with:
1.) Basic information;
2.) The Asia Grass Jelly Market;
3.) The North American Grass Jelly Market;
4.) The European Grass Jelly Market;
5.) Market entry and investment feasibility;
6.) The report conclusion.
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