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Flax Crop Market Technological Advancements, Growth Opportunity and Forecast 2018-2026
Flax is also known as a common flax or linseed, which is a crop mainly cultivated in the cooler regions of the world. There are two verities of flax plants, one which yields blue flowers and the other which yields white flowers. Textiles made from flax plant are known as linen, which are mainly used for bed sheets, table linen, and under garments. Oil extracted from the plant is known as linseed oil. It is widely used in paint binder, putty and wood finish because of its drying (water repellent) properties. Flaxseed oil is extracted by cold pressing. This keeps its nutrients in their original form, making it fit for human consumption.
Key players in Global Flax Crop Market
Key players operating in the global flax crop market are Schweitzer-Mauduit International, Inc., Legumex Walker Inc., Biolin Research Inc (Private-small), Cargill, Incorporated, Glanbia plc, Archer Daniels Midland Company, CHS Inc., SunOpta Inc., Grain Millers, Inc., SWM INTL, Linen of Desna LLC, and others.
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Market Dynamics
Multiple health advantages of flax crop is expected to be a major driver for rising demand for flax crops, globally. It acts as a natural laxative, aids in hormonal balance, and reduces risk related to osteoporosis. Moreover, governments of various countries have realized such health benefits and are focusing on providing health approvals for use of it in various products. For instance, in October 2013, Health Canada`s Food Directorate approved a health claim of flaxseed for serum cholesterol lowering. Such claims will aid food manufacturers to state on labels about health benefits of flax consumption to a reduce serum cholesterol, which is a major risk factor for coronary heart diseases. This is expected to positively affect demand for flaxseed in food industries.
Demand for flax crop is increasing, owing to demand for seeds and fiber that is used in industries such as food, medical, and textile.
Factors such as weather conditions, optimum use of fertilizers (containing nitrogen, phosphorous and potassium), and weed control are key restraints in the production of flax crop because cold weathers and optimum use of fertilizers are favorable for these crops. For instance, according to Flax council of Canada, in 2017, dry conditions have damaged the flax yields and result was 507,000 tones, which is 80,000 less than in 2016, in spite of an 11% increase in seeded area. Furthermore, some governments have stringent policies regarding use of genetically modified organisms (GMO) seeds and use of certain pesticides. For instance, in 2010, the European Union, purchased 70% of Canada's flax. The European Union has a zero-tolerance policy regarding genetically modified organisms and turned down shipments, which adversely affected the Canada's US$ 320 million flax crop industry. Moreover, in 2016, Europe rejected shipments of flax from Russia and Kazakhstan. The reason for the rejections was due to higher than acceptable levels of a chemical herbicide called Haloxyfop. This is another factor restraining growth of the market.
Governments of various countries in association with several organizations are focusing on increasing yield of flax seed, in order to cater to increasing demand for these in various end-use industries. This is expected to aid in growth of the market over the forecast period. For instance, in 2015, in Canada, the Flax Council, along with the Saskatchewan Flax Development Commission and the Manitoba Flax Growers Association, developed best management practices and treatments such as row spacing, seeding rate, seeding date and fertility rate, which act as key management considerations for increased flax crop yields and improved quality against the restraint of weather condition.
Moreover, in order to maintain the quality of flax seeds, governments are focusing on providing certification standards for these seeds. This is another factor that is expected to support growth of the market. There are flax seed certification standards, which are to be followed for an efficient yield of a crop. Many processing companies reject the crops that are contaminated by weed.
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Market Outlook
North America held the dominant position in global flax crop market in 2017 and it is projected to maintain its dominance throughout the forecast period. This is owing to higher presence of flax crop manufacturers in the region. In North America, the U.S. is the most lucrative market for flax crops. Furthermore, according to Industrial Oil Crops’ Journal, in 2016, oilseed flax is primarily grown in Canada, because of favorable weather conditions for flax farming. According Flax Council of Canada, Canada is the world’s leading producer and exporter of flax seed from 1994, recording flax exports at over 500,000 tons in 2016/17.
Moreover, increasing investment by governments in flax industry is expected to aid in growth of the market in the region. For instance, in December 2016, Government of Canada invested around US$ 135,000 in the Flax Council of Canada to develop four nutritious flax-based food products that may also help to lower cholesterol.
Flax seed accounted for highest revenue share in the market in 2017. Flax seed is a versatile product and has wide application. Flax seed oil is used as anti-termite agent. It is useful in the process of leather conditioning and wood finishing application.
Market Taxonomy
On the basis of product type, global flax crop market is segmented into:
Straw
Stalk parts
Seeds
On the basis of distribution channel, global flax crop market is segmented into:
Food and Beverages
Animal Feed
Textile
Medical
Paper
Paints and Coatings
Insulation
Construction
Others
On the basis of region global flax crop market is segmented into:
North America
South America
Europe
Asia Pacific
Middle East & Africa
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Yoga Accessories Market Trends and Growth Factors Analysis 2018 – 2026
Increasing concerns regarding health and fitness among population, owing to rising health problems such as obesity and others has led to increasing adoption of Yoga. Rising popularity of yoga is fueling demand for yoga accessories such as yoga mats, yoga straps, yoga clothes, and yoga bricks across the world. Manufacturers are switching to recyclable raw materials and biodegradable products for development of these accessories, to avoid adverse impacts on the environment. Raw materials such as natural rubber, jute and cotton are preferred over polyurethane, nylon, leather and synthetic rubber for sustainable and ecofriendly yoga mats. Increasing number of people are opting for eco-friendly products, owing to rising awareness regarding adverse effects of using polyurethane, nylon, leather and synthetic rubber products. Lower emissions generated in manufacturing of eco-friendly, sustainable mats encourages consumer to adopt these products, which is creating conductive environment for growth of yoga mats and other yoga accessories.
Yoga straps are useful for cross-legged meditation with proper alignment and balance. Ultra-light, durable, comfortable, cotton blend, soft and smooth yoga straps are on high demand. Yoga straps are available in eight to ten feet lengths, which are also useful in physical therapy, pilates, ballet, and cross-fit. Yoga clothing provides comfort and ease while practicing different postures. Soft, smooth, moisture resistant and organic fabric is provided by manufacturers to attract customers globally.
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Key players in Global Yoga Accessories Market
Key players in yoga mat market are Gaiam, Barefoot yoga, Jade Yoga, Manduka, Lululemon, and others. Prominent vendors in the yoga strap market are FitLifestyleCo, Padma Seat, Vive, Fit Spirit, OPTP, Wacces, and Peace Yoga.
JBM, Gaiam, Hugger Mugger, Suesport, and Veda Yoga are manufacturers of yoga bricks. PrAna, Beyond Yoga, Decathlon, and Proyog are the key players in yoga clothing. Manufacturers are focusing on technologically advanced and innovative products to enhance the sale of yoga accessories. In May 2017, Indiegogo developed smart mat technology in which the smart mat is embedded with over 20,000 sensors, which provides the yoga practitioner vital information regarding body alignment and correctness of the postures. These smart mats can be tethered to smartphones with the help of Bluetooth technology.
Market Dynamics
Major growth driver for global yoga accessories market is increasing popularity of yoga. According to Yoga Journal report, in 2016, 36.7 million people practice yoga in the U.S. In 2017, U.S.’s yoga market was valued at around US$ 16 billion, which included yoga accessories, and revenue generated from yoga classes and yoga facilities.
Furthermore, healthcare and wellness sector is witnessing a steady growth, globally. Statistics published in January 2017, by Global Wellness Economy Monitor stated that, globally wellness sector represented US$ 3.7 trillion economy. Airports, hotels in Europe as well as North America are offering quiet rooms for yoga and meditation. Among hotels such as Hilton, Westin, and Fairmont are providing yoga classes to their customers to maintain their wellness routine.
Moreover, governments of various countries are focusing on initiatives to promote yoga and health benefits from yoga. For instance, World Yoga Day is celebrated on 21st June, every year, by performing yoga in a large group publically. AYUSH is a governmental body in India aimed to develop education and research in Ayurveda and Yoga. These factors are expected to aid in growth of the market.
Market Outlook
The global yoga accessories market is segmented into North America, South America, Asia Pacific, Europe, and Middle East and Africa. North America is projected to exhibit high growth in the global yoga accessories market throughout the forecast period. This is owing to increasing trend of practicing yoga in the region, due to its health benefits. For instance, according to a study conducted by Ipsos Public Affairs in 2016, yoga practitioners in the U.S. invested over US$ 16 billion on yoga clothing, equipment, classes, and accessories in 2015, up from US$ 10 billion in 2012.
Yoga accessories are sold through various distribution channels. Brand visibility of yoga accessories is playing important role in reaching out to more number of customers through distribution channels. Specialty stores is projected to be the fastest growing segment in the market over the forecast period. Specialty stores, which provide detailed information regarding the product quality, and pricing help in efficient and effective product distribution.
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Market Taxonomy
On the basis of product type, the global yoga accessories market is segmented into:
Yoga Mats
Yoga Straps
Yoga Clothes
Yoga Bricks
On the basis of distribution channel, the global yoga accessories market is segmented into:
Hyper market
Super market
Specialty stores
Online
Others
On the basis of region, the global yoga accessories market is segmented into:
North America
U.S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Middle East & Arica
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Ultra-high Molecular Weight Polyethylene Ropes Market: Growth, Trends and Demands Research Report and Forecast 2026
Ultra-high molecular weight polyethylene is a subset of the thermoplastic polyethylene also known as high-modulus polyethylene (HMPE). It is odorless, nontoxic and tasteless and tough material used to make UHMWPE ropes. Ultra-high molecular weight polyethylene ropes provide a high level of security and protection for mooring of the tanker vessels. UHMWPE ropes are small in volume which makes them suitable for easy storage and easy handling. This rope does not allow chemical interaction and attack in marine and industrial application. Also, UHMWPE ropes have unique anti-microbial and moisture resistant properties, which makes it suitable for use in cables, sails and rigging in yachting and lifting slings.
Market Dynamics
Key factors such as increasing demand for the ultra-high molecular weight polyethylene rope in ports, marine, and aerospace industry across the globe are projected to fuel growth of global ultra-high molecular weight polyethylene ropes market over the forecast period. Ultra-high molecular weight polyethylene rope are used as a mooring ropes and yachting ropes in marine industry which gaining demand for the UHMWPE ropes. Moreover, growth in these industries is expected to have a positive impact on the growth of the market. For instance, according to U.S. Department of Commerce’s International Trade Administration, in China, aerospace industry was valued at US$ 7,859 million in 2016, which increased to US$ 8,274 million in 2017. Furthermore, owing to unique physical and chemical properties of ultra-high molecular weight polyethylene ropes such as high strength, corrosion resistance, wear resistance, flexible, light-weight, and high safety performance, it is gaining popularity in the aerospace industry.
The availability of alternatives such as polyester and polypropylene and high cost of the UHMWPE rope are factors that could restrain growth of the global ultra-high molecular weight polyethylene ropes market. For instance, Naroc Rope Tech offers Bell Mix rope, which is a compound rope made from polyester yarn and high strength polypropylene yarn, in order to increase the strength of the rope. Therefore, easy availability of such substitute products is expected to negatively impact growth of the market.
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Market Outlook
On the basis of application, marine industry segment accounted for the largest market share in global ultra-high molecular weight polyethylene ropes market in 2016. Ultra-high molecular weight polyethylene rope can float in water also it has low stretch properties that provides greater sensitivity and easy handling. UHMWPE rope is widely used as a substitute of wire and steel rope in mooring line of tanker vessels, ship assist lines, and pennant lines for offshores rigs.
On the basis of type, 12 stranded ultra-high molecular weight rope segment exhibited relatively high growth in the market in 2016 and is expected to witness the same trend during the forecast period. This is owing to its excellent vibration damping and low friction co-efficient, making it popular in shipbuilding, ocean transportation, and military & defense industry. For instance Katradis Marine Ropes Ind. S.A. Company introduced new product NIKA-Siri X-12 ropes for application of mooring, ship to ship (STS) operation in 2017. NIKA-Siri X-12 are high module UHMWPE 12 strand ropes, which are cost effective and over-braided ropes. It aids in decreasing mooring & towing operating times and also lowers labor requirement in various operations.
Asia Pacific is projected to be the fastest growing region in the ultra-high molecular weight polyethylene ropes market over the forecast period. Rapid growth in aviation industry is expected to drive growth of the ultra-high molecular weight polyethylene market in emerging economies such as India and China. For instance, according to India Brand Equity Foundation (IBEF), India has become the world’s fastest growing domestic travel market recording a 26.6% year-on-year growth in January 2017, which has bolstered demand for aviation industry goods, which includes UHMWPE ropes.
Key players
Major players operating in the ultra-high molecular weight polyethylene rope market include Liros Gmbh, Dyneema, Thanawala & Co, Cousin Trestec, Atlantic Braids Ltd, New England Ropes, Miami Cordage, Lankhorst, Katradis, Samson, Bridon, Ropesling, Southern Ropes, and others.
Key players are strategically investing in research and development, in order to enhance their product portfolio. Furthermore, players are focusing on inorganic strategies For instance, WireCo World Group Inc., a company focused on producing and marketing of rope and cable, acquired Royal Lankhorst Euronete Group, to develop synthetic rope in 2012. Furthermore, Samson and The Manitowoc Company jointly launched Manitowoc’s Grove RT770E rough-terrain mobile crane, which features the first fully synthetic hoist rope designed specifically for mobile cranes, in March 2014.
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Market Taxonomy
On the basis of product type, the ultra-high molecular weight polyethylene rope market is segmented into:
3 Strand
8 Strand
12 Strand
On the basis of application, the ultra-high molecular weight polyethylene rope market is segmented into:
Aviation
Marine
Mining
Military
Others
On the basis of region, the ultra-high molecular weight polyethylene rope market is segmented into:
North America
U.S
Canada
Mexico
Europe
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Smoked Herring Fish Market Analysis by Type and Applications, Industry Growth Factors and Business Forecast 2026
Herring is the flesh of a fatty fish from the shallow waters of the northern Atlantic or Pacific oceans. It is a part of the family of Clupeidae (order Clupeiformes). Herring can either be the Atlantic herring (Clupea harengus harengus) or the Pacific herring (C. harengus pallasii). Herrings are small-headed, streamlined, colored fish with silvery iridescent sides and deep blue, metallic-hued backs. Adult herring range from 20 to 38 centimeters (8 to 15 inches) in length and they can grow 1.5 feet long. They live up to 19 years and can inhabit fresh as well as salt water. Herring feeds on organisms such as copepods, pteropods, planktonic crustaceans, and fish larvae.
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Market Dynamics
Herring offers several health benefits, which is major factor driving growth of the Smoked Herring Fish Market. It has high levels of heart-healthy omega-3 fatty acids, essential fats that also play an important role in normal brain development and function. Studies carried out by the U.S. National Library of Medicine omega-3s help regulate inflammation and reduces the risk inflammation-associated disorders including heart attack, stroke, cancer, and autoimmune diseases such as rheumatoid arthritis. Furthermore, its provides benefits to patients suffering from high cholesterol, diabetes, symptoms of PMS, coronary artery disease, breast cancer, memory loss, depression, attention deficit hyperactivity disorder, insulin resistance, and arthritis. These are the major drivers for growth of the Smoked Herring Fish Market. However, the stringent government regulations with regards to the packaging of smoked herring products that includes proper lebelling and approval of the regulatory bodies amongst others is a major restraining factor for market growth.
Market Trends
Since 2014, smoked fish from Nigeria is marketed in the U.S. with the help of the Commercial Agriculture Development Project (CADP), supported by the World Bank. Through CADP, Nigerian farmers were introduced to new smoking kiln technology that improved fish processing by reducing the smoke level to internationally acceptable standards. Such technological advancements are expected to drive the growth of the market. Vendors in the smoked fish market are also investing in using biodegradable packaging materials such as bio-PET amongst others to increase the shelf life of the smoked fish products and to avoid the harmful effects of packaging solutions in the environment.
Market Outlook
Europe is expected to hold dominant position in the Smoked Herring Fish Market and is expected to continue its dominance during the forecast period. In Europe, majority of the smoked herrings are salted, pickled in barrels, or cured by smoking and sold as kippered herring. In eastern Canada and the northeastern U.S., most of the herring utilized are young fish, taken in inshore weirs or seines that are canned as sardines. Majority of herring obtained from Pacific Ocean are used to manufacture fish oil and meal and smaller quantities are pickled and smoked. Herring is placed in smokehouse are smoked at 80-90° F (27-32° C) for one hour to dry the skin and obtain golden brown color.
Key Players
Market players are engaged in manufacturing new products with smoked herring in order to maintain leading position in Smoked Herring Fish Market. Herring is preserved by using various methods such as smoking or salting. Also, key players offer herring prepared from using Eastern European methods, which is propelling demand for Smoked Herring Fish Market. For instance, Gold Star Smoked Fish offers finest Eastern European specialty foods and exquisite smoked fish crafted using authentic Eastern European methods. Key players operating in Smoked Herring Fish Market include Zila Laguna, TSIALIOS, Gold Star, Empresas AquaChile SA, Faroe Seafood, Findus Group, Hansung Enterprise, Kverva AS, Labeyrie Fine Foods PLC amongst others.
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Government Regulations
According to the E.U. smoked fish food products need to comply with safety requirements in accordance with Annex 16 as well as with the requirements of technical regulation of the Customs Union ‘On Safety of Food Products’ (?? ?? 021/2011). Fish food products must be manufactured from water biological resources retrieved (caught) in safe catching areas in accordance with the planned safety monitoring of water biological resources conducted by the authorized bodies of member states and aquaculture sites originating from farms (enterprises) safe from veterinarian point of view. The monitoring data needs to be placed in the information telecommunication network Internet on the official sites of the authorized bodies of member states of the E.U. Fish food products should not contain natural or synthetic hormonal substances or genetically modified organisms. The maximum admissible levels of residue content of veterinarian drugs, animal growth stimulants (including hormonal substances), medicines (including antimicrobial medicines) whose content in food products of aquaculture of the animal origin are controlled on the basis of the information about their usage (except chloramphenicol of the tetracycline group and bacitracin) provided by manufacturer (person authorized by manufacturer, importer), in their circulation on the territory of the Union should not exceed the admissible levels determined
Market Taxonomy
Global smoked herring fish market is segmented as:
By Product Type
Hot smoke
Cold smoke
By Distribution Channel
Specialty Stores
Hypermarket
Supermarket
Convenience Stores
Online Stores
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Organic Apple Sauce Market Shares, Strategies and Forecasts, Analysis and Overview upto 2026
Organic apple sauce is a popular condiment made from organic apples. Besides its delicious taste, it promotes good digestion. Apple sauce is abundant with nutrients, antioxidants, and dietary fibers. The skin and pulp of apples contains flavonoids, which offers numerous health benefits such as regulation of blood pressure, reduction in inflammation, excessive fat production, and cholesterol levels, and lower risk of heart disease. According to the statistics published by The World Counts, by May 2018, global sales of organic food products reached over US$ 55 billion with largest share from the U.S., Germany, and France.
Owing to restricted use of fertilizers and pesticides, organic food is gaining significant popularity across the globe. According to online sources, in May 2017, Motts General Mills was sued by the Beyond Pesticides due to chemicals found in its natural apple sauce product. The demand for organic apple sauce is thus increasing, as these apples are grown organically with environmentally sustainable methods.
Market Dynamics
Major driver for growth of the organic apple sauce market is the growing health consciousness of the populous and growing inclination towards environmentally sustainable products. U.S. Apple Association states that daily consumption of organic apples helps prevent diseases such as heart stroke and Alzheimer’s disease.
In April, 2008, News Medical Life sciences source stated that apples lower the risk of the metabolic syndrome. Eating an apple or applesauce daily has also been linked to decreased risks of asthma and related diseases and enhanced lung function.
Unsweetened apple sauce helps in weight loss process, as it decreases the risk of developing abdominal fat, and hence is expected to gain significant popularity in the near future. Various combinations are available for flavored apple sauce, such as cinnamon, raspberry, cranberry, strawberry, maple, and peach.
Packaging plays a critical role in keeping the sauce safe and tasty. Apple sauce is available in a variety of packages such as glass bottles, plastic bottles, pouches, cartons, and cans. The wide availability of choices attracts customers, thus fueling growth of the organic apple sauce market.
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Market Outlook
Study published by MDPI in the Horticulture journal in December 2015, stated that in 2014, market value of organic foods in the U.S. was US$ 42 billion, with 43% share from fruits and vegetables. Report published by Business France stated that in 2015, organic food industry in France was worth US$ 6.80 billion and in 2016, French exports of organic products valued around US$ 514 million.
According to the U.S Department of Agriculture, 4% of the total food sales in the U.S. in 2016 was organic products. The organic retail sales in Europe stood at US$ 30.85 billion in 2014, as estimated by The International Federation of Organic Agriculture Movements.
Growing health awareness against chemical pesticides and higher disposable income among the populace in emerging economies have resulted in an increased demand for organic food. According to Organic and Conventional Products paper in the U.S., by MDPI, 84% of consumers buy organic food in the U.S. Due to high pectin content, apple sauce is associated with health benefits such as treatment of diarrhea, which in turn, is fueling growth of the organic apple sauce market.
According to Organic Trade Association (OTA) in April 2017, maximum organic food sale takes place through conventional and natural food supermarket, while the remaining sale takes place through food service, farmer’s market, and distribution channels other than retail stores.
Key players in Global Apple sauce Market
Key players operating in the organic apple sauce market include Thrive Market, Santa Cruz Natural Incorporated, Vermont Village Artisan Cannery, White House Foods, Materne North America Corp (GoGO sqeezy), Motts General Mills, Musselman’s, Andros Group (Old Virginia), Earth’s Best Inc., Eden Foods Inc., and Great Value Food
Apple sauce manufacturers are producing apple sauce with fusion of various other fruits to offer different and enhanced tastes, flavors, and health benefits from other fruits. For instance, vitamins and fibers are obtained from strawberries, antioxidants from raspberries, and zinc and manganese obtained from maple. Addition of flavored apple sauce to sweetened and unsweetened apples is increasingly attracting customers due to a wide range of options available in the apple sauce market.
Market Taxonomy
On the basis of composition, global apple sauce market is segmented into
Sweetened
Unsweetened
Flavored
On the basis of distribution channel, global apple sauce market is segmented into:
Hypermarket
Supermarket
Specialty stores
Online
Others
On the basis of packaging, global apple sauce market is segmented into:
Glass bottles
Plastic bottles
Pouches
Cartons
Cans
On the basis of region global apple sauce market is segmented into:
North America
South America
Europe
Asia Pacific
Middle East & Africa
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Whey Protein Isolates Market Expected Revenue, Industry Share, Development Stages, and Landscape- Forecast to 2026
Whey protein isolate is produced by separating whey component from milk and it contains over 85% protein. Whey protein isolate contains essential amino acids, low lactose levels, and does not contain fats and carbohydrates. It is easily digestible and provides health benefits such as promoting muscle growth, lowering blood pressure, aiding in weight reduction, and reduction of symptoms of depression and stress. Whey protein isolates are used in various applications such as nutritional supplements, cereals, pharmaceutical tablets, infant formula, ice cream, juices, bakery, and snack products.
Market Dynamics
Growing health concerns among consumers about health and benefits of consuming whey proteins such as lowering cholesterol, boosting immunity, and reducing cardiovascular risks is driving growth of the whey protein isolates market size. Rising obesity rate is propelling demand for whey protein isolates as it aids in weight reduction by improving metabolism and helps in reducing fat tissue. According to World Health Organization, 39% of the population aged above 10 were obese in 2016 worldwide.
Furthermore, consumption of functional food and beverages is fuelling demand for nutraceutical ingredients such as whey protein isolates. According to Coherent Market Insights’ study, global nutraceutical ingredients’ market was valued at US$ 30.57 billion in 2016 and is expected to reach to US$ 57.46 billion by 2025. Manufacturers are launching various products containing whey protein isolates to cater to rising consumer demand. For instance, in November 2017, Mopro Nutrition launched Greek yoghurt of whole milk infused with whey protein isolate. Whey protein isolates are commonly consumed by athletes and body builders as it provides bioactive peptides, leucine and others, which aid in boosting workout performance and aid in building lean muscles. According to Coherent Market Insights’ study, global sports nutrition market is estimated to reach US$ 48.87 billion by 2025, at a CAGR of 6.64% during the forecast period of 2017 to 2025.
However, high manufacturing cost of whey protein isolate is hindering growth of the global whey protein market over the forecast period.
Market Outlook
North America held a significant market share in the global whey protein market in 2017. This is attributed to growing demand for health supplements, owing to rising health concern in the region. For instance, according to the Canadian Community Health Survey on Nutrition, Government of Canada, 45.6% of the people aged one year and older used at least one nutritional supplement in 2015 in Canada. The U.S. is major growth contributor to the whey protein market in North America. According to the Council for Responsible Nutrition, a trade association of the dietary supplement and functional food industry, 68% people consumed dietary supplements in the U.S in 2015. Furthermore, 19% people consumed sports nutrition and weight management products in 2014, which increased to 25% in 2015 in the U.S. according to the data provided by Council for Responsible Nutrition. Moreover, protein was the most consumed sports nutrition and weight management product in 2015 in the U.S. according to the Council for Responsible Nutrition.
Asia Pacific whey protein market is witnessing high growth, due to rising demand for functional food and beverages from countries such as China, Japan, South Korea, and India. According to the Agriculture and Agri-Food Canada, retail value of functional packaged food in Japan was US$ 8.5 billion in 2015, which increased by 8% from US $7.8 billion in 2010. Manufacturers are launching new whey protein products in this region to cater to increasing demand for functional food and beverages. For instance, in February 2018, Parag Milk Foods launched whey protein brand, Avvataar Absolute whey protein, in India. According to Coherent Market Insights’ study, Asia Pacific was dominant region in the global nutraceutical ingredients market in 2016 with a share of 36.19%. This, is turn, is driving growth of whey market in Asia Pacific.
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Key Players and Business Strategies
Key players operating in the global whey protein isolate market include Glanbia Nutritionals, Inc., MYFITFUEL, Optimum Nutrition, Inc., Hilmar Ingredients Inc., Davisco Foods International, Inc., Sports Nutrition Technology, AMCO Proteins, Clover Fonterra Ingredients Proprietary Limited, Agropur MSI, LLC, Arla Foods Ingredients amba, and Milk Specialties Global.
Players operating in the global whey protein isolates market are launching new formulations to increase their product portfolio and expand business. For instance, in April 2018, Kaged Muscle launched MicroPure Whey Protein Isolate. In February 2018, Glanbia Nutritionals launched BevEdge Whey Protein isolate A-220Win for citrus and berry flavored and high acid containing protein powder drink mixes. Furthermore, in December 2013, BiPro USA launched whey protein isolate in chocolate and French vanilla flavor.
Market Taxonomy
Global whey protein isolates market is segmented into:
By End-use Industry
Food and Beverages
Pharmaceutical
Others (Animal Feed)
By Region
North America
U.S.
Canada
Europe
U.K.
Germany
Italy
France
Russia
Spain
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
GCC
Israel
Rest of Middle East
Africa
Northern Africa
Central Africa
South Africa
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Sustainable Seafood Market to Witness Steady Expansion During 2018 – 2026
Global Sustainable Seafood Market - Insights
Sustainable seafood refers to marketing and distribution of seafood through aqua farming or through wild catch in ways that would not harm the long term sustainability of species while also securing the future of the marine ecosystem. The close connection between seafood industry and global sustainability has resulted in developing different sustainability principles to seek and maintain ecological practices in this industry.
Owing to annual rate of catch being too high and overfished, it has been witnessed that several species are on the verge of extinction. According to a report released by the World Wildlife Fund (WWF), it was reported that global population of the Scombridae family of food fish that includes tuna, bonitos reduced by 74% in 2015. Similarly, according to the International Union for Conservation of Nature (IUCN), the Cassava croaker is estimated to decline by 30%-60% over the past several years affecting the marine ecosystem as well as impacting the local fisheries with the decline of local stocks. Furthermore, illegal fishing techniques carried by local fisheries have also impacted the marine biodiversity since recent past. Some of these fishing techniques used include bottom trawling, bycatch, cyanide fishing, dynamite fishing, and ghost fishing. For instance, in bottom trawling, considered one of the most harmful techniques is basically an industrial method where enormous nets are weighed down with heavy ballast and are dragged along the sea floor, thereby damaging the marine life. As a result, in heavily fished areas such as around coral seamounts of Southern Australia, around 90% of the corals have been found to be damaged. Hence, to maintain a sustainable ecosystem, several countries have banned this technique. For instance, in 2017, the EU implemented the ban on deep-sea bottom trawling beyond 800 meters in a move to protect the ocean ecosystem from industrial fishing. Similarly, bycatch in which the incidental capture of non-target marine species such as dolphins and turtles results in discarding of fishes and resulting in polluting the marine life. According to the WWF, bycatches represents around 40% of the global marine catches leading to high waste of food for both humans and marine species.
Developed economies such as North America and Europe hold largest market share for sustainable seafood while emerging economies such as APAC are reported to be fastest growing region in the market, owing to increasing awareness regarding sustainable seafood.
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However, lack of stringent government regulations regarding illegal fishing techniques in the emerging economies is restraining market growth. Furthermore, lack of awareness among the suppliers and the consumers and high price of certified sea food products is hampering growth of the market among the price sensitive consumers.
The U.S. holds dominant position in sustainable seafood market globally, owing to high sea food consumption in the country. According to the National Oceanic and Atmospheric Administration (NOAA), in 2016, the value of fish landings in the U.S accounted for US$ 5.3 billion, an increase of over 2.1% over the previous year. The same study also revealed that 92% of the processed fishery products is used for human consumption. Furthermore, stringent laws and regulations and high awareness among the suppliers and consumers is propelling demand for sustainable seafood in the region. Organizations such as Greenpeace, NOAA and Marine Stewardship Council (MSC) are playing a key role in ensuring sustainable sourcing and supply of seafood without impacting the sea food industry. Furthermore, sustainable seafood campaigns supported by the FAO are playing a key role in the growth of the market. Moreover, growing consumer awareness along with NGO and media campaigns have further accelerated the demand for sustainable sea food market with focus on responsible sea food demand, transparency in supply chain and adherence to laws and regulations. Sustainable sourcing of seafood by some of the major retailers operating in the US such as ALDI, Walmart, WholeFoods is also boosting the market growth in the region.
The global sustainable seafood market was valued at US$ 12.71 billion in 2017 and is anticipated to register a CAGR of 4.97% in terms of revenue, over the forecast period (2018 – 2025) to reach US$ 18.63 billion by 2025.
Global Sustainable Seafood Market Share, By Region, 2017
Source: Coherent Market Insights (2018)
Retailers operating in the sustainable sea food market are adopting different strategies including collaborations, product expansions, increasing geographic presence among others for business expansion. For instance, in 2017, Lidl committed to stocking only MSC certified fresh and wild frozen seafood and farmed seafood certified by the ASC or Best Aquaculture Practices (BAP) across the U.S. stores.
Key manufacturers operating in the sustainable seafood market include M.F. Foley Company, Inc., Zoneco Group Co., Ltd, Walker Seafoods, Nippon Suisan Kaisha, Ltd, Thai Union Group, Maruha Nichiro Corporation, Austral Fisheries, Pacific Andes Group, Marine Harvest ASA, AgriMarine Holdings, Kyokuyo Suisan Co., Ltd., Mitsubishi Corporation, and others.
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Meat Glue Market To Have Good Business Opportunities In The Coming Years
Meat glue or transglutaminase is an enzyme, which is used to glue or crosslink small pieces of fish, meat or meat products to large pieces. It is used in meat products to act as a binder or improve texture. It can be used in shaping and binding protein foods together to make innovative food recipes, help in portion control while cooking and reduce wastage, thickening egg yolks, dairy products, strengthening of dough, and increasing yield in tofu production.
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Market Dynamics
Rising meat consumption is expected to be one of the major factors driving growth of the global meat glue market. According to Food and Agriculture Organization (FAO) and Organization for Economic Co-operation and Development (OECD) Agricultural Outlook, global per capita annual meat consumption is projected to reach 35.3 kg r.w.e. (retail weight equivalent) by 2025, an increase of 1.3 kg r.w.e. as compared to the base period of 2013 to 2015. Furthermore, meat glue is used in innovative food applications such as meat noodles and novel meat combinations such as scallops and lamb or beef and bacon, especially in restaurants and food service sector. Increasing growth of the restaurant industry is propelling growth of the global meat glue market. According to National Restaurant Association, restaurant industry sales in 2010 was US$ 586.7 billion, which increased to US$ 799 billion in 2017 in the U.S. Moreover, growing fish consumption is fuelling growth of the global meat glue market, as it finds applications in making uniform portions of fish filet. According to the Food and Agriculture Organization of the United Nations, global fish consumption is expected to increase by 19% by 2026 as compared to base period of 2014 to 2016. Rise in consumption of processed food is supporting growth of the global meat glue market as meat glue improves water retention, mouth feel, and appearance of processed meats. According to Coherent Market Insights’ study, global frozen processed food market was valued at US$ 60.12 billion in 2016 and is anticipated to reach US$ 85.49 billion by 2025. Moreover, frozen processed poultry segment accounted for highest market share of 19.16% in 2016 thereby increasing demand for the meat glue market.
However, high risk of microbial contamination due to utilization of meat glue, which results in food poisoning is hindering growth of the meat glue market. According to World Health Organization, over 600 million people worldwide, fell ill from contaminated food in 2015.
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Market Outlook
Meat glue market in Asia Pacific is witnessing rapid growth, owing to increasing meat consumption. According to Food and Agriculture Organization (FAO) and Organization for Economic Co-operation and Development (OECD) Agricultural Outlook, meat consumption was highest in 2016 in China. Furthermore, China is expected to retain its dominance in meat consumption between 2017 and 2026. Moreover, growing food processing industry is supporting growth of the meat industry in Asia Pacific, which is projected to propel growth of the meat glue market. According to India Brand Equity Foundation, Department of Commerce, Government of India, the food processing industry in India is projected to reach US$ 482 billion by 2020 from US$ 258 billion in in 2015.
North America held significant market share in 2017 in the global meat glue market. Furthermore, the U.S. held largest market share in the North America meat glue market in 2017. This is owing to approval and initiatives of regulatory bodies and institutes regarding safety of meat glue. For instance, the American Meat Institute, a trade association of packers and processors of pork, lamb, beef, veal and turkey, has certified that meat glue is safe and natural. Also, the U.S. Food and Drug Administration has certified meat glue as generally recognized as safe (GRAS). Moreover, the U.S. Department of Agriculture has determined that meat transglutaminase is suitable and safe for use in meat products. According to Coherent Market Insights’ study, North America held highest share market share in terms of volume and revenue in frozen processed food market and had highest demand for frozen poultry products in 2016. This is fuelling growth of the global meat glue market as it finds applications as a binding agent in processed meat products.
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Key Players
Key players operating in the global meat glue market are Ajinomoto Co., Inc., Modernist Pantry, LLC, Special Ingredients Ltd., Kinry Food Ingredients Co., Ltd., BDF Natural Ingredients, S.L., Micro-Tech Foods Ingredients Inc., Yiming Biological Products Co., Ltd., and Nanning Pangbo Biological Engineering Co., Ltd.
Market Taxonomy
Global meat glue market is segmented into:
By Product Type
RM Transglutaminase
TI Transglutaminase
GS Transglutaminase
YG Transglutaminase
Others
By End-user
Residential
Commercial
Industrial
By Region
North America
U.S.
Canada
Europe
U.K.
Germany
Italy
France
Russia
Spain
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
GCC
Israel
Rest of Middle East
Africa
Northern Africa
Central Africa
South Africa
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Inflatable Tent Market Size, Share, Outlook, and Analysis, 2018-2026
Market Introduction
The recent past has witnessed the increasing consumer preference and purchase of inflatable tents more for personal use which ultimately is adventurous activities like mountain biking, fishing, skateboarding and backpacking. An inflatable tent is a tent that needs to be pumped up to the pitch without poles, unlike the conventional pole tents.
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Major advantages associated with the usage of an inflatable tent is its technology that makes the setting up of the tent much easier with minimal help. Also, the punctures in the inflatable tent can be easily repaired although the tent is robust and durable. These benefits have led to an increased adoption of inflatable tents in the recent past.
Moreover, with rising awareness regarding lifestyle diseases such as diabetes, high blood pressure, and cardiovascular diseases, due to physical inactivity, wrong body posture. Hence, people have started to participate in outdoor activities like camping, hiking and others to improve their health and lifestyle. These outdoor activities have provided an impetus to the inflatable tents market since consumers are making a purchase for it in order to be able to utilize it while the activity lasts. According to the Society for Environmental Communications, over 61% of all deaths in India in 2017 were due to lifestyle or non-communicable diseases (NCDs).
Market Dynamics
Major factors driving growth of the global inflatable tent market is rising popularity of outdoor recreational activities such as hiking, camping, bicycling, fishing, motorcycling, snow sports, and others across different economies. According to Outdoor Industry Association, 144.4 million Americans, or 48.8% of the US population, participated in an outdoor activity at least once in 2016.
Also, inflatable tents are handy, hassle free to set up, and convenient to carry till the destination, owing to which it is preferred and purchased more over other forms of tent.
Increasing adventure tourism has fueled growth of the global inflatable tents market. According to the Government of India, adventure tourism is gaining popularity and is a vibrant, dynamic, and fast changing sector and tourism alone accounted for around 9% of the global GDP in 2016.
However, high cost of inflatable tents, due to the technology used in manufacturing of these tents is a major factor that is expected to hinder growth of global inflatable tent market.
Market Outlook
North America is the largest market for inflatable tents, owing to abundant camping sites in the region and increasing number of people participating in camping activities. According to the Outdoor Industry Association, the citizens in the region prefer outdoor activities to experience solitude, talk to new and varied people, experience excitement and adventure, get away from usual demands and various other reasons.
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Popularity of camping is increasing, with more people in the U.S. taking up camping as a hobby. According to The National RV Dealers Association, 13 million households in the U.S. had planned to camp in 2017. According to the Outdoor Industry Association, in 2017, the most popular camping shelter used was the camping tent with 69% citizens opting for it over other shelters such as cabins, bivy, and yurt. Furthermore, the people who are new to camping, were slightly higher in number when compared to the existing campers and preferred to purchase tents. According to the Outdoor Industry Association, Millennials accounted for around 38% of the total active campers in the U.S in 2017 and this factor is expected to drive growth of the inflatable tents market in the region.
Europe is the fastest growing market for inflatable tents, owing to its camping and hiking culture. For instance, France has high number of trekking, camping, and hiking destinations, where people from France as well as other tourists actively participate in adventure activities and buy the requisite equipment required for these activities. According to Go Camp France, France is leading in the European camping market and is second in the world. In 2015, campers spent approximately 113 million nights on campsites, which was a 3.5% increase from the previous year. This indicates that there is a huge demand for camping activities, which further increases demand for tents.
Key Players
Key players in the global inflatable tent market are focusing on adopting various strategies such as product innovation, merger, acquisition, and agreements, in order to increase their share in the market. For instance, in 2015, Heimplanet Entwicklungs GmbH launched their Cairo Camo pattern for the range of tents to lower the chances of the user being spotted at wild camping. Its geometry and special combination of colors creates a unique three-dimensional effect that enables Cairo Camo to completely blend in with its surroundings, thereby breaking the visual outline of the object itself.
Key players operating in the global inflatable tent market include The Coleman Company, Inc., Kampa AG, Zempire Camping Equipment, Oase Outdoors ApS, Berghaus Limited, Heimplanet Entwicklungs GmbH, and Beijing Zhonghai Minsheng Co. Ltd. among others.
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Market Taxonomy
On the basis of application, the global inflatable tent market is segmented into:
Personal Use
Commercial Use
Military
Medical Camps
Others
On the basis of tent capacity, the global inflatable tent market is segmented into:
1-3 People
4-6 People
Others
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Snus Market Size, Share & Trend | Industry Analysis Report, 2026
Market Introduction
According to New Nicotine Alliance, Snus is a moist, smokeless powdered tobacco. It is sold as a loose powder or pre-packaged in a small sachet (a bit like a mini tea bag). It contains ground tobacco, salt and may contain food-grade smoke aroma flavorings, such as citrus, bergamot, juniper, herb or floral flavors. Most Scandinavian snus is produced in Sweden where it is regulated as a food under the Swedish Food Act. Snus fulfils the criteria for a tobacco harm reduction product. It is a low risk nicotine product with 0.5% to 1% of nicotine composition in it and has helped reduce smoking and smoking related diseases.
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Snus is placed between the upper lip and gum. The nicotine is released into the saliva, with the rate of release affected by the amount of saliva. Snus, unlike other forms of tobacco doesn’t produce fumes on consumption, thereby reducing the respiratory risk for the consumer as well as his surroundings.
Market Dynamics
According to New Nicotine Alliance, as compared to smoking, snus poses about 1% of the risk of cancer and cardiovascular disease. It is considered to be 95% to 99%, less risky than smoking, which is increasing the inclination of consumers toward snus. Also, snus is not associated with an elevated risk of pancreatic cancer and poses no respiratory risk. Snus manufacturers are taking initiatives to educate the potential consumers regarding the advantages of snus over other tobacco related products, which is fueling growth of the global snus market. For instance, Swedish Match started stores in Strömstad and Gothenburg to sell its world-renowned snus products in addition to deploying store staff members to create awareness about the benefits of consuming snus over other tobacco products.
Increasing health concerns and initiatives related to tobacco ban is restraining growth of global snus market Initiatives taken by Government aid consumer in quitting the tobacco consumption by adopting various healthy habits. The World Health Organization (WHO) and the European Respiratory Society (ERS) have jointly launched a project on tobacco cessation training. As part of this multi-year, multi-country project, WHO and ERS are training primary care providers to provide tobacco cessation interventions to all patients with respiratory diseases.
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Market Outlook
Europe holds the largest market share for snus, owing to Government rules and regulations with respect to smoking and contaminating the environment, which has massively called for smokeless entities for the users. Hence, consumers are adopting snus and electronic cigarettes, which do not pollute the environment as compared to conventional cigarettes.
Sweden is the major exporter of snus and the pouched snus is mostly consumed by the Swedish citizens due to convenience. According to the National Center for Biotechnology Information (NCBI), an average consumer consumes about 19 g of snus per day and the trend is more common with the Swedish males. Snus, according to the Swedish consumers fulfils the social functions of smoking and is far better than cigarettes due to which people the existing and the new users are opting for snus more than any other product. Certain anti-smoking organizations in Europe are trying to ban the export of the product to other countries, which is restraining growth of the global snus market in Sweden.
Likewise, in Norway too, the Swedish snus is legally sold and socially accepted. It is majorly mostly consumed by the younger generation and is the most common form of tobacco consumed. Cigarette sales are declining, as more people curb the deadly habit due to rising taxes and a proliferation of alternatives such as e-cigarettes and snus, which are potentially less harmful.
Key Players
The global snus market players are adopting various strategies to maintain leading position in market such as merger, acquisition, partnership, product innovation. Swedish Match AB in 2016 had acquired V2 Tobacco, a privately held smokeless tobacco company operating in Denmark, for an undisclosed amount of money. V2 Tobacco possesses a modern and adaptable production, which allows Swedish Match an improved flexibility and expanded opportunities to adapt to changing consumer desires and hence Swedish Match has acquired 100% of the shares in the V2 Tobacco’s production, sales and marketing in Denmark.
The various players in the global snus market include, Altria Group, Inc., British American Tobacco plc, Imperial Brands PLC, Fiedler & Lundgren AB, Taboca AS, Swedish Match AB and Gotlandssnus AB.
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Market Taxonomy
On the basis of product type, the global snus market is segmented into:
Loose
Pouched
On the basis of distribution channel, the global snus market is segmented into:
Supermarket
Hypermarket
Convenience Stores
Online Channels
Others
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Thermal Conductive Gloves Market to Witness Steady Expansion During 2018 – 2026
Thermal conductive gloves Market
Thermal conductive gloves are utilized to operate touchscreen devices such as mobile phones and tablets along with providing warmth. It is made from materials such as sandy nitrile that emulates conductive properties of the skin.
In thermal conductive gloves, either fingertips or entire glove is incorporated with conductive materials. Thermal conductive gloves offers various benefits over conventional gloves such as advantage to use touch screen thereby avoiding need to remove gloves while operating such devices and makes usage of smartphones easier especially during cold weather conditions.
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Market Dynamics
Growing demand for mobile devices such as smartphones and tablets is driving growth of the global thermal conductive gloves market. According to the U.S. General Services Administration, tablet and smartphone device usage is increasing in the U.S. In 2015, 378 million tablet and smartphone were in use in the U.S. Furthermore, according to Consumer Technology Association (CTA), unit volume shipping of smartphones in the U.S. is expected to increase by 2% to reach 189 million in 2018, while revenue is expected to increase by 3% to reach US$ 62.9 billion in 2018 in the U.S.
Advantages of thermal conductive gloves such as dexterity, ease of grip, warmth, durability, ease of use, lightweight, breathability and ease of donning and doffing is propelling growth of the global conductive gloves market. Furthermore, availability of a wide variety of thermal conductive gloves in different colors, materials, designs, and thickness is fuelling growth of this market.
Technological advancements along with rise in applications of touch screen technology in various devices such as portable media players, digital camera, media extender, remote control, laptops and desktops is propelling growth of the global thermal conductive gloves market. Growing demand for consumer electronics is supporting growth of this market. According to Consumer Technology Association (CTA), a trade organization of consumer electronics industry in the U.S., retail revenue of the U.S. consumer electronics is expected to generate revenue of US$ 351 billion in 2018, which is an increase by 3.9% as compared to 2017.
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Market Outlook
Asia Pacific thermal conductive gloves market is expected to exhibit high growth rate during the forecast period. This is attributed to growing usage of smartphones in this region. According to the Australian Communications and Media Authority, in May 2012, number of smartphone owners in Australia was 8.67 million, an increase by 104% from the previous year. Furthermore, according to the Central Intelligence Agency, an intelligence service agency of the U.S. federal government, China had highest number of mobile phones including smart phone users followed by India in 2016. This significant number of mobile phone users is fuelling growth of the thermal conductive gloves market in Asia Pacific.
North America held significant market share in the global thermal conductive gloves market. Rising penetration of smartphones and tablets is driving growth of the thermal conductive gloves market in this region. According to the U.S. General Services Administration, smartphone and tablet accounted for 36% of all internet traffic in December 2015, which increased to 43% in December 2016. Furthermore, growing demand for electronics and appliances is propelling growth of the thermal conductive gloves market in this region, as touch screen panels are introduced in many electronic appliances. According to the U.S. Census Bureau, total retail sales of electronics and appliances in 2014 was US$ 28,158 million, which increased to US$ 30,016 million in 2015 in the U.S.. Also, rising adoption of touchscreen technology in laptops and automotive electronics is augmenting growth of the thermal conductive gloves market in this region. According to Consumer Technology Association (CTA), factory-installed automotive electronics, which includes entertainment systems with touch screens and others is anticipated to increase by 5.9% to reach US$ 15.9 billion in revenue in 2018 as compared to 2017.
Europe is expected to be the lucrative thermal conductive gloves market, owing to significant demand for electronic appliances especially in Germany, the U.K., and France. According to the German Electrical and Electronic Manufacturers Association, electrical and electronics industry in Europe was valued at US$ 797.93 billion in 2015 and was the third-largest market, globally. Furthermore, electrical and electronics industry is expected to grow by 2% in Germany and by 1% in the U.K. and France in 2018 from 2017. This growth is augmenting demand for thermal conductive gloves as it is used to operate various touch screen electronic devices such as smartphones, laptops, and other consumer electronics.
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Key Players and Business Strategies
Key players operating in the global thermal conductive gloves market are Pearl Izumi Inc., QRP, Inc., Kent Wang Co., Mujjo Europe BV, Moshi, Underhanded Gloves, and Uvex Safety Group.
Players operating in the global thermal conductive gloves market are launching new products to increase product portfolio and expand business. For instance, in August 2016, Foxgloves, Inc. launched a new line of superconductive touchscreen gloves.
Market Taxonomy
Global thermal conductive gloves market is segmented into:
By Material
Leather
Sandy Nitrile
Others
By End-user
Men
Women
Kids
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Pearl Milk Tea Market Analysis by Type and Applications, Industry Growth Factors and Business Forecast 2026
Pearl milk tea Market
Pearl milk tea is a tea-based beverage, which is also known as boba juice, bubble tea, simply boba or bubble milk tea. Pearl milk tea is made by blending fruits, milk with tea along with tapioca, and can be consumed in both cold and hot forms. Bubble tea serves as a substitute to green tea, as it is highly cost-effective as compared to green tea.
Its wide availability has led to increased consumption as compared to normal tea. This in turn, is increasing the demand for bubble tea among the young populace. The availability of varied fruit flavored bubble tea such as strawberry, honeydew, mango, green apple, and lychee among others is expected to drive growth of the pearl milk tea market during the forecast period. According to the National Center for Biotechnology Information, the pearl milk tea drinks are a part of sugar?sweetened beverages (SSB) group, as these beverages are sweetened with high?fructose corn syrup (HFCS). These drinks thus pose a public health concern, as pearl milk tea drink fits the U.S. Dietary Guidelines for the definition of a SSB. The central ingredient of a pearl milk tea or a boba tea are the boba or pearl balls, which are made of tapioca with high sugar content and hence may accelerate the onset of diabetes and weight gain on regular consumption.
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Market Drivers
Some of the major factors driving growth of the pearl milk tea market are its properties such as low calorie and low-fat content, anti-inflammatory, antioxidants, and anti-carcinogenic. Pearl milk tea is a specialty tea and according to the Specialty Food Association, the sales of specialty tea was over 18% in 2015, which is a major opportunity for market players such as CuppoTee Company, Lollicup USA Inc., and Gong Cha USA. Bubble tea is a ready-to-drink beverage, which is highly preferred by the increasing working population. This in turn is expected to boost growth of the pearl milk tea during the forecast period. For instance, according to USDA Foreign Agricultural Service in Indonesia, in 2014, the value of ready-to-drink tea accounted to be US$ 32 billion in 2016, which is expected to grow up to US$ 41 billion by 2020.
Market Restraints
The coffee market in U.S. is expected to act as a restraining factor to the pearl milk tea market. The coffee market is accounted to be US$ 85 billion in 2015 and has the first position in coffee consumption while it is ranked fourth in tea consumption according to United States Department of Agriculture (USDA) in 2015. Other restraining factor of the pearl milk tea market is the sugar and calorie content present in pearl milk tea. According to the World Health Organization (WHO), the total caloric and the sugar content of pearl milk tea drinks is alarming with respect to overweight and obesity rates in Asian youth. However the consumption can done in a healthier ways as suggested by WHO, the pearl milk tea without the milk, lower sugar content, or excluding the additional ingredients such as tapioca, jelly, and pudding. These alternatives will reduce the total caloric content value of the pearl milk tea beverages, which would fit the USDA Dietary Guidelines for added sugars beverages.
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Market Outlook
Pearl tea acts as an antioxidant due to the presence of polyphenols, which helps to slow the oxidation damage to the body such as it helps to prevent the damage of fatty tissue, DNA, and proteins in our body. Among ingredients, the green tea segment is expected to gain high traction, as green tea acts as a better antioxidant than the other ingredients.
Some of the major players in the pearl milk tea market include Bubble Tea House Company, Bubblelicious Tea, Lollicup USA Inc., Ten Ren's Tea Time, Boba Box Limited, Sumos Sdn Bhd, Gong Cha USA, Boba Tea Company, Troika JC. (Qbubble), and Fokus Inc.
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Pearl Milk Tea Market Taxonomy
On the basis of ingredients, the global pearl milk tea market is segmented into:
Black Tea
Green Tea
White Tea
Oolong Tea
Others
On the basis of flavored powder, the global pearl milk tea market is segmented into:
Almond Powder
Avocado Powder
Black Tea Powder
Frozen Coffee Powder
Others
On the basis of distribution channel, the global pearl milk tea market is segmented into:
Hypermarket
Supermarket
Specialty Stores
Online Stores
Convenience Stores
Others
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Graphite Market Size, Share, Trends and Forecast to 2026
Graphite is an allotrope of carbon with crystalline structure and has both metallic and non- metallic properties. Metallic properties of graphite include thermal and electrical conductivity and the non-metallic properties include lubricity, chemical inertness, and thermal resistance. Furthermore, there are two grades of graphite available, including high-purity & high-cost synthetic graphite, and lower-cost-purity natural graphite. Mining of the natural graphite often requires various mineral processing such as froth flotation to increase the graphite concentration, as mined natural graphite often contains other minerals. Natural graphite has excellent electrical and heat conductivity and is a high refractory material. Refractories for the steel industry is a major market for natural graphite. Furthermore, synthetic graphite is produced using raw materials such as petroleum coke and tar pitch with higher purity as compared to natural graphite. It has higher porosity, lower density and higher electrical resistance. Synthetic graphite are majorly used as moderator rods in nuclear power plants, electrodes for metallurgical processing and electrical furnaces, and in the manufacturing of batteries and carbon brushes.
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Market Outlook
In terms of revenue, Asia Pacific is expected to be the fastest growing market for graphite during the forecast period. Rapid industrialization in emerging economies including India and China is fuelling demand for graphite in the region, as graphite is used in a wide range of industries such as automotive, chemical, and nuclear. According to the United States Geological Survey (USGS), China was the leading country in the world mine production of graphite in 2012 and in 2016, China was projected as the largest supplier of flake and amorphous grades of natural graphite and accounted for around 68% of the global graphite production. Furthermore, rising fuel prices, steadily growing awareness regarding eco-friendly electrical vehicles with graphite using li-ion batteries is fuelling growth of the market in the region. According to the data by Asia Pacific Economic Corporation (APEC) in 2017, Asia Pacific is the largest new vehicle market in the world and the largest emerging market in the new energy vehicles (NEVs). Furthermore, Chinese government is supporting and promoting use of new energy vehicles, owing to rising concerns regarding air pollutants through vehicles and the country has set the target of having 5 million plug-in hybrid vehicles (PHEVs) and battery- electric vehicles on the road by 2020. This in turn, fuelling growth of the graphite market in the region.
In 2017, North America accounted for significant share in the global graphite market with U.S. being the major contributor. However, graphite mining had faced stagnation and has not been mined in the country since 1990’s, according to the United States Geological Survey (USGS). As a result, the U.S. now imports graphite from countries such as China, Canada, Brazil, and Mexico, to cater to growing demand for graphite in the country. According to the USGS, in 2015, the U.S. imported 47 thousand metric tons and consumed 24,200 tons of natural graphite valued at US$ 25.60 Mn, in 2016. Furthermore, high demand for computers, smart phones, mobile devices, and other electronic products with battery containing graphite is driving growth of the market. According to the United States Department of Commerce, shipments for the computer and electronic products from U.S. manufacturing sector was valued at US$ 5.7 trillion in 2012.
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Market Dynamics
Growing application of graphite in the automotive industry including graphite filament and in the production of various components where graphite is used as a core material such as motors, disk brake linings & pads, cylinder heads, exhaust systems, and gaskets is fuelling growth of the market. Graphite is extensively used as an active anode material in lithium-ion batteries and the growing demand for advanced energy storage products such as lithium-ion batteries is aiding in growth of the graphite market as well. According to the Coherent Market Insights’ analysis, the global advanced energy storage market was valued at US$ 11.79 billion in 2016 and is expected to exhibit a CAGR of 8.88% during 2017–2025. Moreover, rising demand for ultra-lightweight materials in aircraft components such as carbon-fiber reinforced polymers (CFRP), is aiding in growth of graphite market, as graphite is majorly used in the production of CFRPs. According to the Clean Energy Manufacturing Analysis Center (CEMAC), in 2012, demand for carbon fiber end products was highest in Europe and was estimated to be 16,650 tons, which was 37% of the world’s total demand for carbon fiber end products. Additionally, growing application of graphite in fuel cells and nuclear energy is expected to boost growth of the graphite market during the forecast period.
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Key Players and Business Strategies
Major players operating in the global graphite market include GrafTech International Ltd., AMG Advanced Metallurgical Group N.V., HEG Ltd, Graphite India Limited, Tokai Carbon Co. Ltd., Toyo Tanso Company Ltd., Showa Denko K.K., SEC Carbon Ltd., Mason Graphite Inc., Triton Minerals Ltd., and Northern Graphite Corporation.
Graphite Market Taxonomy
Based on the type, the graphite market is segmented into:
Synthetic Graphite
Graphite block
Graphite Electrode
Graphite powder
Carbon fiber
Others
Natural Graphite
Flake Graphite
Amorphous Graphite
Vein Graphite
Based on application, the graphite market is segmented into:
Battery
Lubricant
Refractory
Others
Based on end-use Industry, the graphite market is segmented into:
Automotive
Electrical
Chemical
Nuclear
Paints and Coatings
Others
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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Cheese Sauce Market | Developments, Trends, and Forecast | 2018 - 2026
Market Introduction
Cheese sauce, also called as cheddar sauce or cheddar cheese sauce, mainly comprises dehydrated salts, cheese powder, emulsifying salts, and fillers such as flour, starch, buttermilk, whey, or skim milk. It is used as an ingredient in cooking pasta and is also poured over meats and vegetables. Cheese sauce contains large amount of calcium and protein due to the presence of cheese.
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Market Dynamics
By the launch of new products, manufacturers are targeting consumers with busy lifestyles and this in turn is driving growth of the market. For instance, in April 2014, Simplot Australia Pty Ltd., a food manufacturer launched a range of cheese sauce products for consumers who are looking for tasty, simple, and nutritious meal ideas. Furthermore, increasing consumption of cheese and cheese products is projected to drive the market growth. According to the Canadian Dairy Information Center, per capita consumption of cheese in Canada was valued at 12.7 kg in 2015, which further increased to 13.4 kg in 2016.
Market Trends
On the basis of product type, the jalapeno cheese sauce segment is expected to show a significant growth in the cheese sauce market over the forecast period. This is attributed to advantageous health benefits of jalapeno, as it contains vitamin A, vitamin C, and various minerals such as magnesium, iron, phosphorous, and others, which helps in maintaining healthy muscular functioning and healthy RBC’s.
Online channels segment is significantly gaining traction, as it offers a wide range of products through a single website and offers free delivery. According to the Coherent Market Insights, the global online retail segment was valued at US$ 2,171.22 billion in 2016 and is expected to reach US$ 9,572.96 billion by 2025.
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Market Outlook
North America is projected to witness significant growth in global cheese sauce market over the forecast period, owing to increasing disposable income and increasing demand for cheese products in variety of dishes. According to the World Bank Organization, the GDP per capita in the U.S. was US$ 56,469 in 2015 and increased up to US$ 57,638.16 in 2016. However, increasing cases of botulism in the U.S. due to consumption of contaminated food containing toxins, is negatively impacting the growth of market. According to the Centers for Disease Control and Prevention (CDC), some of the examples of contaminated foods causing botulism included cheese sauce, carrot juice, wrapped baked potatoes, and others. Also, the cheese used in cheese sauce should comply with the standards of identity for cheese and cheese based products, as stated in the U.S. Food and Drug Administration (FDA), 21 Code of Federal Regulation (CFR).
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Cheese Sauce Market Taxonomy
On the basis of product type, the cheese sauce market is segmented into:
Jalapeno
Nacho
Cheddar
Others
On the basis of distribution channel, the cheese sauce market is segmented into:
Hypermarket
Supermarket
Online Channels
Convenience Stores
Others
Remarkable Attributes of Cheese Sauce Market Report:
The current status of the global Cheese Sauce market, current market & the two regional and region level.
In-Depth Understanding of Facets Activating the Development of the global Cheese Sauce marketplace.
Current market isolation Relating to Identifying portions like Cheese Sauce Merchandise Sort, end-use Software
The innovative perspective of this global Cheese Sauce current market with layouts that are standard, and also prime chances.
The research of this market enticing place regarding product sales of Cheese Sauce.
Various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for Cheese Sauce market, research and consulting firms, new entrants, and financial analysts.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysisthrough various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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