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Food & Beverages Market Forecasts
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Water Soluble Fertilizer Market is Expected to Enhance the Growth of USD 22.0 billion by 2024.
Mar 30, 2021: The global water soluble fertilizer market size was USD 12.5 billion in 2015 and is anticipated to reach USD 22.0 billion by 2024. Increasing demand from wide range of fustigation application coupled with increasing awareness and adoption of micro irrigation systems is anticipated to boost the global demand for water soluble fertilizers.
Phosphate is expected to witness significant growth rate over the next seven years It stimulates root formation and shoot growth at the early stages of plant growth. lack of Phosphorus levels in plants may result in poor seed and fruit development and also reduces the growth of plants significantly. Phosphorus is particularly important and widely used in cool weather. Starter fertilizers constitute more of these nutrients in huge amounts. Potassium is expected to have moderate growth rate over the forecast period. This element helps the plants to resist diseases and boosts root growth. Potassium nutrients improve cold hardness and helps in increasing the size of fruits and vegetables. Signs of potassium lack or deficiency include slow growth, shriveled fruit, weak plants, and leaf burning at margins or tip
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Growing demand and need for superior yield owing to increasing world population, reduction in arable land, and great demand of biofuels is expected to impact the global demand for water soluble fertilizers. Harmful ecological impacts of over/high fertilization, including pollution of ground water, disturbances in environment life sciences, and increase in area under ocean dead zones are expected to restrict the market growth.
Increasing adoption rate of merchandize and micro irrigation processes in the Asia Pacific region, is expected to witness significant growth rate for water soluble fertilizers key players in the market are Yara International, The Mosaic Company, Agrium Inc., ICL Fertilizers, PotashCorp, CF Industries. Other industry participants include QAFCO, Haifa Chemicals, SinoFertK+S AG, Uralchem, and SQM
Increasing awareness among farmers across emerging economies coupled with technology driven farm practices. High priced crops including vegetables and fruits are expected to drive the market demand. Growing protection of cultivated crops is estimated to attract growers around the globe since it offers good returns on investment. Large number of growers entered into the greenhouse system of agriculture production industry to achieve higher rates of return for their products. The use of these fertilizers is expected to be highly seasonal and improved, thus protected crop production is anticipated to drive the market demand for fertilizer products, particularly for water-soluble fertilizers.
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On the basis of fertilizer type, the global market has been segmented into Nitrogen, sulphur, iron, chlorine, magnesium, calcium, Phosphate, and potassium which include secondary and micro nutrients. Nitrogen is expected to be the widely used element in the market and is expected to continue its dominance owing to its easy availability and It is used to synthesize proteins, amino acids, enzymes, nucleic acids, and chlorophyll. Nitrogen nutrients can be further classified into Urea, ammonium sulphate, nitrate, and calcium nitrate.
On the basis of application, water soluble fertilizer market has been segmented into fertigation and foliar. Fertigation is expected to be the largest segment in terms of revenue and market share owing to its wide applications among various crops. Fertigation processes involve injection of soil amendments, water-soluble products and fertilizers into an irrigation system. Foliar feeding is a method of nourishing plants by applying the liquid fertilizer to their leaves. Plants and crops are able to absorb essential nutrients through their leaves. This absorption is carried out through their stomata and also through their epidermis.
On the basis of crop type, the market has been segmented into Field Crops, Horticultural Crops and Turf & Ornamentals. Field corps constitutes the largest segment in the global market owing to its wide applications across the globe. These crops are grown for agricultural purposes and are consumed by people. Growing population and demand for vegetables and fruits is expected to be the driving factor for the market growth in this segment.
North America is expected to the largest regional segment in the global market. Extensive use of bio fuels has increased the demand for fertilizers and is driving the growth in this region High consumption of meat and meat products has been driving the high use of fertilizers in North America as it increases the demand in animal feed and feed products.
The water-soluble fertilizers market is expected to be highly fragmented with major players driving the growth through expansions, agreements, new product launches and acquisitions, to develop their position in the market. These strategies were followed by the industry participants to expand their global presence and enhance their product portfolio.
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Food Fortifying Market is Projected to Have a Linear Growth in Foreseeable Future in 2025
Mar 23, 2021: The food fortifying market is expected to grow globally at a phenomenal CAGR over the forecast period. It is a vertical market catering to various downstream industries – food, beverages, and pharmaceuticals. Key drivers for this market are growing awareness about the health benefits of fortified foods, rising incidence of chronic diseases like cancer, diabetes, blood pressure, Alzheimer’s, vitamin deficiency diseases like osteoporosis and rickets, focus on preventive healthcare, increased demand for fortified food, and dietary supplements diversifying into different markets. As a result of the growing applications of fortifying agents, government aids and initiatives, and demand in developing nations, this market is projected to have a linear growth in foreseeable future.
The global rise in geriatric population is also driving this market exponentially. On the other hand, steep costs of fortified foods; compared to non-fortified foods, high R&D costs for dietary supplements, high costs of raw materials, and marketing strategies like multi-page labelling are restraining market growth. Market ecosystem is comprised of raw material suppliers, regulatory authorities, distributors, and the end user industries. It is a fragmented market as local players also compete with the established giants on a regional level. The different downstream industry verticals are spurring market growth.
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Fortified foods are foods having additional minerals and vitamins, irrespective of whether nutritional value is lost during processing. They have gradually replaced supplement pills that were prevalent previously. Bio-fortification increases the nutrient value of crops. Synthetic biology is another method of food fortification that implies adding probiotic bacteria to foods. Common cooking foods like rice, oil, and flour are fortified on a commercial level, while vitamin D drops can be used on a domestic level.
The food fortifying market is segmented on the basis of application, type and the geographical region. The segments based on application are beverages, fats & oils, dairy & dairy-based products, cereals & cereal-based products, dietary supplements, infant formula (contains fortified calcium & phosphorus), bulk food items, confectionary and bakery products, animal feed, pet food, and tea. The segments based on type of fortifying agents are carbohydrates, proteins & amino acids, lipids, vitamins, minerals, prebiotics, probiotics, and others. The geographical regions for the food fortifying market are Asia Pacific, Europe, North America, and Rest of the World (RoW).
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Bulk food items like rice, whole grain, and flour have so far dominated the market, followed by fats & oils. This can be attributed to their consumption on a larger amount. Dietary supplements segment is projected to reach the high-water mark in terms of CAGR in the forecast period. Prebiotics and probiotics are expected to be in great demand in the foreseeable future. Meanwhile, minerals like iron salts, and vitamins like Vitamin B complex and Vitamin C have the largest market share in terms of volume and value respectively.
This is due to the clinically evinced benefits of their assistance in overall health improvement. North America has so far led the market, with US on the forefront. This can be attributed to the greater spending capacity of consumer base and the prevalence of latest products. Asia-Pacific region is expected to grow exponentially over the forecast period due to rising awareness about health benefits of fortified foods, and prevalence of chronic diseases as well as diseases caused by vitamin & mineral deficiencies.
Key players in the food fortifying market are Ingredion, Tate & Layle, Royal DSM, CHR HAnsing Holdings AS, BASF SE, Cargill Inc, Arla Foods, Nestle SA, Archer Daniels Midland Company, EI Du Pont De Nemours and Company, The Procter & Gamble Company, General Mills Inc, Phillip Morris Companies, HJ Heinz Company, Land O’ Lake, Kellogg Company, Hain Food Group.
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Baby Food and Formula Market Growth Drivers, and Challenges, as Well as Vendor Analysis at 2025
Mar 23, 2021: Baby food and formula market consists of soft, easy consumed food with the infant formula for the replacement of natural breast milk. Specifically, the products under baby food are majorly categorized for four to six months, whereas the infant formula is majorly for the babies under the age of twelve months and usually prepared for cup feeding or bottle feeding from powder or liquid. Specifically, The U.S. Federal Food, Drug, and Cosmetic Act (FFDCA) has defined the infant formula as a food specially represented for special dietary use for infants because of its complete or partial replacement of human milk. On the other hand, baby food comes in different varieties and tastes. It can be ready made food from the market or the homemade mashed up food.
The market of baby food and formula is a huge market and its major growth has been seen in past 5 years. It is expected to witness major growth in the next seven years owing to the increase in the growth of working women and increase in the people awareness about the product’s convenience, quality, comfort and benefits associated with it. Nowadays, parents with time have become very precise in giving proper nutrition to their child through any mode whether it’s a mashed-up food or an infant formula.
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Due to this fact parents are ready to spend any amount, but due to the increase in competition in the baby care market where numerous branded products at different price points come in parent’s attention, market is going to be stiff in future. Hence, this becomes the major restrain for new players to enter in the market. In this market key drivers are growing awareness of parent’s to partially or completely substitute the daily natural food products, increase in the number of working women population, consciousness of parents to provide nutritious rich food, and attention of parents to the growing diseases owing to the increase in pollution to food products.
According to the World Bank, between 1960 and 2013 the birth rates around the world have declined to more than 45% on an average. Majorly, due to that parents have become more critical in choosing the right baby’s food product. Companies find themselves in difficult stage where they must provide the utopian products in a stiff competition that too at a lucrative price points so that parents mind and heart can be won.
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Baby infant formula is generally segmented into the three types; first being the Powder type which is prepared by mixing the scoops of powder with sterilized water and can be stored for less than 30 days in a cool place, second being the Concentrated liquid type which is majorly prepared with sterilized water in equal proportion and can be stored for less than 24 hours in a refrigerators, lastly ready to use type which do not need any water mix and can be stored for less than 24 hours in a refrigerators.
The Food and Drug Administration (FDA) has benchmarked the quality standards on the basis of nutrition level to ensure that the products are safe and supports healthy growth in infants. Due to this reason, producers of the same have set the nutritional level above the FDA set points which are different for different segments. Other than infant formula which is for babes less than 12 months of age, there are baby foods which are segmented according to the food type such as Cereals, Fruits, and Vegetables, Meats, and Sweet & Salty foods. Baby foods are produced majorly for babies four to five years old.
Baby Food and Formula sales share is highest in developed region whereas growing fastest in developing regions. Globally European region constitutes to be more than 50% sales values for baby food and more than 25% sales values for infant formula. From other developed regions North America constitutes more than 30% in the baby food and more than 40% in the infant formula. These regions is expected to constitute to account more than 30-40% each in baby food & in infant formula as they are heavily investing in producing the best quality products with utmost care to the nutritious level.
The other main reason for them to remain main regions for these products is due to the drastic increase in the awareness and dependency. Other very important region is Asia Pacific which is currently accounts for more than 10% sales value in infant formula and more than 5% in the baby food. Asia Pacific region is the fastest growing region as it includes countries such as India, China, Japan and Singapore which are the fastest developing nations economically.
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Ahiflower Oil Market is Quickly Gaining Increased Attention as a Complete and Balanced in 2025
Mar 19, 2021: Ahiflower has the scientific name as “Buglossoides arvenis”. It is growing in the English geography for a long time. It is a wildflower budding in fields of wheat and barley. It is now getting appreciation for its sole and unmatched omega oil profile. Ahiflower is rich in the omega-3 fatty acid SDA, which is healthy oil for the heart. Ahiflower comprises omega-6 fatty acids in fair the correct dose, in addition to omega-9 fatty acids.
Ahiflower is an innovative source of daily omega-3 fatty acids. Ahiflower is a new omega-3 supplement. Ahiflower is a newly joined non-GMO basis of omega-3 fatty acids. It is, moreover, a source for daily omega-6 and omega-9 fatty acids. Ahiflower is 100% vegetarian, 100% justifiable and 100% noticeable to the British fields in which it was grown. Ahiflower is ecological; it’s also extremely resourceful with our valuable planet Earth.
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Growing alertness about the profits of Ahiflower Oil such as dropping cholesterol levels, removing plaque and lowering blood pressure between the customers are the factors that will be affecting market of this oil in the upcoming years. Yet, the profits are not limited to cardiovascular health. Investigation demonstrations that omega 3 fatty acids help in decreasing joint pain, remove swelling, and modify brain progress. Pure vegetarians would select Ahiflower oil above the other oils since it is from a vegetable and not from fish. Equally this produce is harmless in nature and is yet in research, additional paybacks of Ahiflower can be projected in 3-4 years. The request for this oil is going to nurture immensely.
The market for Ahiflower Oil is sectioned on the base of variety of uses, such as, Pet feeds, Personal care products, Nutritional foods, Dietary supplements, and Pharmaceutical segment. However, Pharmaceutical division is a plush market. It has vast healthiness profits such as decreasing joint pain, reducing swelling, dropping cholesterol levels, dropping blood pressure and numerous others. Additionally, Ahiflower Oil market is also divided on the basis of counties like North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East & Africa and Japan. Ahiflower Oil is divided on the base of elements the seed comprises, 25% oil, of which 20% is SDA and 5% is GLA.
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Local section of the Ahiflower oil market is sectioned into seven diverse areas: North America, Latin America, Western Europe, Eastern Europe, APEJ, Middle East, Africa and Japan. In local market Western Europe takes the main market share for Ahiflower Oil.UK is the biggest market for Ahiflower Oil on the basis of manufacture and request. Ahiflower is today grown on major farmland of United Kingdom. It is thousands of hectares in dimension.
North America, Latin America, Brazil, Argentina, Rest of Latin America, Western Europe, Germany, Italy, France, England, Spain, Nordic countries, Eastern Europe, Russia, Poland, Asia Pacific, Japan, Middle East and Africa, GCC Countries, Other Middle East, North Africa, South Africa, Rest of the World. The important companies in the Ahiflower Oil market are Nature’s Crops International, Vertese Natural (England), Natural Traditions (U.S.), Greens FIRST Pro (U.S.).
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Modified Starch Market is Witnessing Significant Growth Due to Increasing Incorporation in a Wide Range of Foods in 2025
Mar 18, 2021: The global Modified Starch market was valued at USD 9.36 billion in 2016 and is estimated to grow at a CAGR of 5.7% by the completion of the prediction period. Growing demand for convenience foodstuff and speedily increasing pharmacological manufacturing in the Asia Pacific are expected to motivate the development of the international market.
On the source of the Type of Applications, the statement concentrates on the position and viewpoint for foremost uses. It takes into consideration the intake in terms of sales, market stake, and development percentage of modified starch for respective use, including Fabrics, Papers, Foodstuff & Liquid Refreshment, Medicines, Animal Feedstuff, and others. The subdivision of Foodstuff & Liquid Refreshment held the leading stake of the market by means of income during the past year. Modified starch is utilized such as a thickener in sweet course, permitting the foodstuff to solidify by way of the adding of milk or cold water.
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The modified starch market on the source of Type of Function could span Binders, Thickeners, Emulsifiers, Stabilizers, and others. With reference to income, the subdivision of Thickeners held the leading stake of the modified starch industry during the past year. It is expected to go up by a substantial CAGR above the prediction period.
The modified starch market on the source of Type of Material could span Potato, Cassava, Wheat, Corn, and others. By means of capacity, corn centered modified starch subdivision held the most important stake of the market during the past year. It is expected to carry on leading and is expected to grow by a better CAGR above the period of prediction. Corn is one of the commercially available plentiful raw materials. Corn centered modified starch is broadly utilized as emulsifier, stabilizer, and thickening agent through a number of end use businesses.
The modified starch market on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and Development percentage of respective category could span Pre-gelatinized, Resistant, Cationic, Starch Esters & Ethers, and others.
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The modified starch industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of prediction could span North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.
By the source of geography, North America headed the market during the past year. Growing significance of low-slung fat nourishment in the U.S. is likely to power the provincial market. The U.S. is one of the most important manufacturers of corn and corn starch in the world. The market in the U.S. is likely to develop considerably because of greater manufacture and exports. Canada is the subsequent biggest supplier in North America. It is likewise estimated to motivate the market due to growing significance of animal feedstuff. Increasing demand from animal feedstuff and foodstuff & liquid refreshment manufacturing are expected to boost the provincial growth in neighboring period.
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Pulse Flour Market Rising Consumption of Gluten Free Products is Anticipated to Fuel the Growth at 2024
Mar 16, 2021: Industry Insights
The global pulse flour market size was estimated over USD 17 billion in 2015. Pulse flour obtained from the hull of pulses like chickpea, pea, lentils, and other legumes is gaining popularity as an essential functional food ingredient. The growing vegetarian population is driving the demand for these products in various food products. Extensive R&D for new product development coupled with government initiatives about the promotion of pulses is expected to have a positive impact on market growth over the forecast period.
Pulse flour contains low-fat source, low glycemic index, and high fiber content owing to which this product exhibits many advantages over wheat flour and rice. The presence of rare elements such as potassium, selenium and sodium & nutrients is responsible for growing demand in end-use applications.
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The growing incidences of diabetes and obesity have increased the importance of naturally sourced ingredients such as pulse flour as they increase the nutritive value of food. The demand for pulse flour has been on the rise owing to growing demand for gluten free foods. Gluten free foods aid in minimizing the risk of excess weight and increase energy levels. The changing lifestyles coupled with a rise in on the go eating is expected to boost the usage of pulse flour in the manufacturing of gluten-free foods.
Application Insights
Bakery & snacks were the largest segment in the market accounting for more than 85% of the market share in 2015. Rising awareness about consumption of healthy bakery products is anticipated to boost the consumption of pulse flour in this application segment.
Numerous private volunteer organizations and commercial food processors are working towards inclusion of pulse flour in formulations of beverages. Pulse flour demand has received a boost on account of growing application in infant formulations. It has also proven to be an effective alternative for children suffering from soy and lactose allergies.
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Product Insights
In 2015, Chickpea flour products dominated the market globally by accounting over 30% share. The demand for this product is driven by its ability to control health issues such as obesity, diabetes, cancer and coronary heart disease.
Lentil’s rising utilization in combination with pea flour is anticipated to boost market demand over the forecast period. Many food products are reformulated using lentil flour to reduce carbon footprint in food and to increase protein quality.
Regional Insights
In 2015, Europe dominated the pulse flour market globally by accounting over 25% of share in terms of revenue. North America and Asia Pacific are key consumers of beverages. Rising consumption for sports and energy drinks are expected to witness a growth over the forecast period.
The Middle East & Africa is the fastest growing region on account of growing application of pulse flour in curries, soups, tajines, and hummus. Growing food services and retail sales coupled with high population growth in the region is likely to have a positive impact over the forecast period. The growing hospitality industry is in countries such as Morocco, UAE, Israel, and Egypt is expected to further augment market demand over the forecast period.
Competitive Insights
The key players in the market are Harvest Innovations, Parakh Agro Industries Ltd., CanMar Grain Products, ADM, Ingredion Incorporated, Best Cooking Pulses Inc., Ganesh Grains Ltd, Diefenbaker Seed Processers, and AGT Food & Ingredients.
Industry participants are adopting merger & acquisition and new product development strategies to strengthen their market position. In October 2014, Archer Daniels Midland Company acquired WILD Flavors GmbH in October 2014.
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Rice Protein Market is Projected to be the Fastest-Growing Region Owing to an Increase in Demand in 2025
Mar 15, 2021: Industry Insights
The global rice protein market size was estimated over 11 kilo tons in 2015. Rice protein is an important type of a plant protein and is derived from brown and white rice varieties. The unique amino acid profile of these additives is driving their application in end-use industries such as pharmaceuticals and cosmetics.
Rice protein finds its application in the manufacturing of functional foods, dietary supplements, energy bars, and sports & energy drinks, owing to which the demand is expected to grow rapidly over the forecast period. The absence of artificial sweeteners and chemical additives has led to manufacturers preferring rice protein over soy and whey.
Product Insights
On the basis of protein content and processes, rice protein products are segmented into isolates and concentrates. In 2015, isolates dominated and accounted the majority of the market, in terms of value and volume in product segment. Isolates separate proteins from the foods, resulting in the low amount of fat, fiber, and carbohydrate intake in the final product.
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The demand for concentrates is expected to grow rapidly as they are cheaper and possess the ability to replace similar products. Concentrates are proven nutritious and healthier than whey due to which consumers have adopted concentrates over whey. The growing demand for sports nutrition products is expected to further augment demand for concentrates over the forecast period.
Application Insights
Major applications of rice protein include pharmaceuticals, cosmetics, food & beverages, and animal feed. In 2015, food & beverages application segment dominated the market by accounting over 50% of the global volume. Growing demand for products such as supplements, dairy alternatives, and sports drinks is anticipated to act as a major driver.
Growing awareness regarding benefits of plant-based medicines is likely to act as a major driver for growing demand in pharmaceuticals. The rising health awareness regarding nutrition-related deficiencies is expected to boost the demand for rice protein in pharmaceutical manufacturing.
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Regional Insights
North America accounted for over 47% of global market owing to high demand from food & beverage industry. The presence of a large number of manufacturers coupled with the high adoption rate of new products is expected to boost market growth.
Asia Pacific is expected to be the fastest growing region due to growing disposable incomes in emerging economies of China and India. Increasing awareness regarding healthy lifestyles coupled with growing demand for protein-based nutritional foods is likely to fuel market growth over the forecast period.
Competitive Insights
The key players in the market are Nutrition Resource Inc., Axiom Foods Inc., AIDP Inc., and RiceBran Technologies. The product nature of rice protein is responsible for the industry is highly concentrated and highly competitive.
The key players have adopted inorganic development strategies such as partnerships and agreements with distributors and suppliers to increase market share. Plandai Biotechnology has entered into an agreement with AIDP Inc. to sell their products in developed markets of U.S. and Europe.
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Animal Feed Enzymes Market is expected to provide a boost to the development in 2025
Mar 12, 2021: Industry Insights
The global animal feed enzymes market was estimated at USD 1.16 billion in 2015. Enzymes are particles, which are utilized as catalysts in various chemical and biochemical reactions. These products are used as processing additives in the manufacturing of animal foodstuffs.
The products can endure high pelleting temperatures and varying acidic pH conditions. Moreover, these catalytic substances are also used to minimize the viscous nature of non-starch polysaccharides, which are naturally found in animal fodder, and helps in improving the digestion rate of animals. The feed enzymes demand is driven by their growing consumption in processing of pig and poultry fodder.
U.S. is one of the major consumers of feed ingredients such as emulsifiers, enzymes and vitamins. Existence of stringent food safety regulations on the usage of additives as well as strong livestock production are likely to boost the product consumption over the years ahead.
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Currently ongoing trend of clean label ingredients in the U.S. that permit the use of additives used in food processing is likely to upsurge the requirement of microbial and natural feed enzymes in the future. Companies such as Advanced Enzymes Technologies Ltd. are engaged in manufacturing and supplying an extensive product portfolio of carbohydrases and proteases under DigeGrain brand.
Robust development of the animal fodder industry and increasing breeding and livestock farming activities in India, China and Brazil is estimated to foster the market growth in the future. Substantial production activities of various livestock sectors including pigs, ruminant, aqua and poultry are likely to surge the requirement of dietary ingredients, which help in boosting the metabolism of livestock while keeping the nutritional and calorific content of the fodder unaltered.
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Product Insights
Carbohydrates, proteases and phytases are the key product segments of the industry. These products are used abundantly, due to their vital properties such as improvement of gut health, reduction of fodder costs and increase in the fodder efficiency.
In terms of revenue, phytases accounted for 83.6% of the global industry in 2015. High amount of phosphorus present in these products helps in the improvement of animal metabolism and reproduction. Additionally, they also increase the consistency of fodder, thus boosting the livestock production. Proteases category is expected to witness fastest growth and is likely to offer noteworthy opportunities in the global market. These products are highly efficient in facilitating the digestion rate of proteins and are extensively used in pigs and poultry feed processing.
Formulation Insights
Feed enzymes are available in liquid and dry commercial formulations in the global industry. Dry formulation accounted for a dominant share in the industry in 2015.
Higher preference for dry formulations is given over the liquid-based additives, due to various factors that include good thermal stability, increased enzyme activity and ease of handling. Dry formulations are generally available in pellet and powdered grades in the industry. This category is expected to witness high penetration in poultry and ruminant applications during the forecast period.
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Animal Feed Additives Market is Expected to Drive the Product Demand at 2025
Mar 12, 2021: Industry insights
The global animal feed additives market demand was over 256 kilo tons in 2015. The key driver for increasing market penetration was due to rapid and fast consuming meat and other products processed from milk which is considered as one of the leading sources of protein and essential nutrients.
Feed additives are the key components for the rapid improvement of metabolism in the livestock. These constituents act as a catalyst by providing advantages such as improving weight gain, prevention of diseases, digestion, vitamin intake as well as enhances the quality of meat.
Due to these specialty additional features to the finished product, the industry is estimated to witness tremendous growth for the addition of additives in the feed over the near future. Another major factor affecting the market growth include the outbreak of numerous diseases affecting livestock like swine flu, mouth infection, and bird flu has increased the importance for safety and quality of meat and meat products.
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Product Insights
Amino acids such as methionine, lysine, thiamine and tryptophan have been slated as dominant product category and contributes to around 30% of total revenue generated in 2015. The main reasons for this are increasing meat consumption especially in Asia Pacific and Middle East which is expected to result for the significant increase in amino acids demand over the forecast period.
Lysine is a key amino acid additive which is essential for growth of animals especially for swine and poultry. Antibiotics emerged as the second largest product segment which accounts for around 26% of the total volume in 2015. Major benefit from antibiotics is that it helps in healthy growth of livestock which is anticipated to be the key factor driving its demand globally.
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Livestock Insight
A paradigm shift has been observed globally for feed additives owing to increasing awareness for its importance in feed among consumers. The poultry segment accounted for around 35% of the total feed additives demand in 2015.
Cattle category accounted for approximately 29% of the total market value in 2015. Improving feed quality along with enhanced cattle metabolism owing to the addition of these specialty additives has resulted in better dairy products yields and meat quality.
Regional insight
Asia Pacific accounted for approximately 30% of the global animal feed additives market. Countries such as China, Indonesia, and India have been facing strong growth in their respective economy owing to increasing standard of living and population explosion have increased the demand for meat products. China is the leading consumer and manufacturer of meat globally. Increasing urbanization rate and disposable income leading to change in lifestyle are anticipated to be some major factors for the increasing consumption of meat in the country.
North America accounted for over 25% of total demand in 2015. North America is the fastest growing segment for meat production and consumption. Countries such as Mexico and the U.S. have collaborated to standardized quality of meat products, which is expected to fuel feed additives demand in the region.
Competitive Insights
The feed additives industry is highly fragmented in nature. Some of the major industry participants include Novozymes, DSM, Danisco (DuPont), BASF, Evonik, Cargill, and Kemin. The wide range of customized product offerings and development of new applications for feed additives are expected to be some of the major trends in the industry.
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Soil Conditioners Market is Projected to Witness Significant Growth Due to Factors Such as Rise in Demand of US$ 7.9 billion by 2025
Mar 09, 2021: Synopsis:
The scope of the global Soil Conditioners Market was priced at US$ 5.4 billion in the year 2018 and is projected to touch US$ 7.9 billion by 2025. It is estimated to grow at a 5.7% CAGR by the completion of the prediction period. The consumption of the soil conditioners is considerably increasing owing to growing populace and reducing the farming land. Speedy industrialized growth in all over the world, has directed to the growth in the generation of waste. Sequentially, this has affected the texture of the soil by way of growing acidity and salinity of the soil.
The diversity and quality of the soil differ through diverse areas. Physical possessions for example capability of nourishment absorption, retaining the water, and penetrability of air change depending on the category of soil. Additionally, enhancement in the quality of soil improves the nutritious value of food harvests. Soil conditioners are synthetic or natural products those are added at the time of agriculture to increase physical possessions and fruitfulness of the soil for agrarian produce. Furthermore, these conditioners are utilized in some non farming sectors for example domestic, industrial gardening and lawns.
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Drivers & Restraints:
The development of the soil conditioner market is motivated by the augmented alertness regarding the management of soil. Then again, low percentage of acceptance is the most important restriction for the development of the soil conditioners. These conditioners discover manifold uses in the subdivision of farming, along with the industrialized zone. This consist of mining and tunneling, therefore generating an additional openings of the business for the market for soil conditioners.
Classification:
The global soil conditioners industry can be classified by Type of Crop, Type of Soil, Solubility, Type of Product, and Region. By Type of Crop, it can be classified as Vegetables & Fruits, Grains & Cereals, Oilseeds & Pulses & Oilseeds and others. By Type of Soil, it can be classified as Sand, Loam, Clay, Peat, and Silt. By Solubility, it can be classified as Hydrogels, Water Soluble. By Type of Product, it can be classified as Natural, Synthetic.
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Regional Lookout:
By Region the global soil conditioners market can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.
Asia Pacific is measured to be the largest market for agricultural products because of huge productive lands, substantially greater rural inhabitants, and advantageous climatic circumstances. In 2018, the state was responsible for a 35.7% share of income of the global market. Despite these advantageous situations, the local market is observing speedy degradation of the soil. Increasing residents together with augmented agrarian undertakings is likely to consequence in greater dependence on conditioners because of instant reprocess of land. Compost is the maximum commonly utilized soil improver in the market of Asia Pacific.
North America region is the subsequent biggest market for soil conditioners. The U.S.A is one of the most important harvest making nation of the world and is considered by technical modernization in the systems of agribusiness and a strong controlling background supporting the dynamics of the business. It is one of the most important manufacturers of maize and wheat.
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Organic Spices Market is Expected to Accelerate Growth in US$ 22.98 billion by 2025
Mar 08, 2021: Synopsis:
The scope of the global Organic Spices Market was projected at US$ 38.35 billion in 2018 and is estimated to touch US$ 22.98 billion by the completion of 2025. It is expected to record a CAGR of 5.0% for the duration of the forecast. The spices are obtained from numerous portions of the trees right from stem, bark, root, and others. They take a number of uses. They are frequently utilized as essence managers, coloring means, preservers, and for additional drives.
The organic spices are nurtured by the way of practices of organic farming. The usage of any type of chemical pesticides and manure is totally avoided. The most important category of organic spices consists of cardamom, pepper, cumin, ginger, basil, clove, cinnamon, turmeric, and garlic. These organic spices are utilized to enhance taste and color to foodstuff. Organic spices do not comprise spices that are genetically altered to upsurge harvest. It is the mixture of fit and harmless foodstuff because the organic spice guarantees safety. The growing demand for organic spices in the sector of foodstuff & beverages is giving push to the development of its market.
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Drivers:
Growing alertness concerning the damaging properties of flavors, insecticides, and chemicals is expected to motivate the demand for organically nurtured spices. Additional reasons for example the changing tendencies of food intake and attractiveness of cultural and unusual food are expected to boost the development. Increasing ingestion of convenience foods for example, bakery products, snacks, frozen products and soups, together with invention of new-fangled tastes in the sector of convenience food is likely to motivate the demand for the product.
Attractiveness of international and multi cuisine is also estimated to be the significant issue for motivating the demand for organic spices. Increasing consumers’ liking for ready-to-use spices to save time at the time of food preparation without compromising on the taste is likely to stimulate the demand for spices in the form of powder. Increasing reputation of genuine tastes with a combination of cultural constituents is expected to go on an important dynamic feature for the development of the organic spice market during the upcoming eight years.
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Classification:
The global organic spices industry can be classified by Delivery Network, Application, Type, and Region. By Delivery Network, it can be classified as Online Sale, Hypermarket/Supermarket, Convenience Stores. By Application, it can be classified as Household, Commercial. By Type, it can be classified as Crushed /Chopped, Whole, Powder.
Regional Lookout:
By Region the global organic spices market can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Asia Pacific retained nearby 35% share of the market in 2018. The region is likely to observe development due to the improved ingestion of flavored and traditional organic spices predisposed by the altering styles of foodstuff and existence of huge culturally diverse crowds in developing markets for example India and China. Furthermore, introduction of the new-fangled and unusual tastes, growth in per head earnings of the customer and recognition of new tastes is likewise estimated to motivate the demand in the region.
Europe is likely to create profits worth US$ 4.60 billion by the completion of 2025. The presentation of the innovative product in France and U.K. is expected to follow a crucial tendency. For example, McCormick expanded its collection of organic herbs and spices in France and U.K., during 2017. Additionally, the improved acceptance of genuine flavors and reliable methods of food preparation, particularly for old-style staples from the nations of Eastern Europe for example Poland and Russia is estimated to definitely influence the development.
Companies:
Some of the important companies for organic spices market are Frontier Natural Products Corporation, Earthen Delight, Rapid Organic Pvt. Ltd., Salzhäusl Himalaya-Kristallsalz GmbH, Live Organics, The Spice Hunter, Organic Spices Inc., Rocky Mountain Company, Star west Botanicals, Yogi Botanicals Pvt. Ltd.
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Fish Sauce Market is Anticipated to Witness Significant Growth of US$ 19.50 billion by 2025
Mar 08, 2021: Market Snapshot:
The global Fish Sauce Market scope was projected at US$ 15.32 billion in 2018. It is expected to reach US$ 19.50 billion by 2025 with a CAGR of 3.51% during the forecast period. This could be attributed to an extensive demand for fish sauce in the form of condiment in various cuisines. Industry manufacturing on the part of fish sauce implies combining fish essence, coloring, preservatives, flavoring, and sweeteners. Vietnam is the largest consumer of fish sauce due to the fact that the Vietnamese believe in nutritional value of conventionally made fish sauces. These sauces are reported to have nitrogen at the highest level. The second largest consumer of fish sauce is China. It is an ingredient for soups and casseroles in Southern China.
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Market Segmentation:
The fish sauce market is segmented on the basis of product, application, distribution channel, price, and geography. By product, the segmentation goes like Southeast Asian, Japanese, Korean, and Western. By price, the market says premium and basic. By application, the fish sauce industry spans domestic use, food industries, restaurants, and others. By distribution channel, it comprises indirect sales and direct sales. Indirect sales could be further segmented into wholesalers, specialty stores, supermarket, hypermarket, online retailers, convenience stores, and others. By geography, it constitutes Asia Pacific, MEA, LATAM, Europe, and North America.
Regional Insights:
Asia Pacific dominates the market due to the reasons mentioned above. Besides, rise in disposable income coupled with urbanization catalyzes the market. In North America, the U.S. is the major contributor. Europe is witnessing growth in demand for dietary supplements and functional foods. This factor is expected to hold the hopes strong for Europe.
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Players:
The players contributing to the fish sauce market include Teo Tak Seng Fish-Sauce Factory Co. Ltd., Rungroj Fish Sauce Co. Ltd., Thaipreeda Group, TANG SANG HAH Co. Ltd., Fish Marine Resources Development Co. Ltd., Viet Phu, Inc., Rayong Fish Sauce Industry Co. Ltd., Pichai Fish Sauce Co. Ltd. and Halcyon Proteins Pty. Ltd.
Market Segment:
Fish Sauce Product Type Outlook (Revenue, USD Billion, 2015 - 2025)
• Traditional
• Industrial
Fish Sauce Application Outlook (Revenue, USD Billion, 2015 - 2025)
• Domestic/Household
• Foodservice Industry
• Restaurants
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Food Colors Market is Further Likely to Drive the Demand of USD 2.97 billion by 2025
Mar 03, 2021: Global Food Colors Market size is expected to reach USD 2.97 billion by 2025. Food colors are added to beverages and food items to enhance their appeal. Dyes and pigment are the most common colorants added to food items and beverages in liquid gel, liquid, powder and gel paste form. Increasing use in end user industries and growing demand for colored food products due to their aesthetic appeal are anticipated to drive the demand for food colors in the coming period. The food colors market is expected to register a CAGR of 5.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
In the market, various types of food colors are available such as synthetic, natural, natural-identical, and others. The “natural” food color is expected to hold the largest market share in the upcoming period due to the growing awareness among consumers regarding the health benefits associated with natural food colors. The “natural food color” is segmented into beta carotene, astaxanthin, annatto, anthocyanin, and others. However, the “synthetic” food colors are projected to grow at a high CAGR in the next couple of years. The increasing demand for synthetic colors such as blue and green is expected to boost the growth of market in beverage manufacturing industry.
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Applications such as dairy food, non-dairy food, alcoholic beverages, carbonated soft drinks (CSD) & non-alcoholic beverages, meat products, dressings & sauces, condiments, custards & pudding, frozen products, savory & snacks and others could be explored in food colors industry. The “carbonated soft drinks & non-alcoholic beverages” segment is expected to witness large market share in the upcoming period due to rising disposable income, economic development and growing demand for ready-to-drink beverages.
The factors that play an important role in the growth of food colors market include increasing demand, growing population, increasing urbanization & industrialization, growing demand for clean label products, advancements in technological innovations, increasing demand for food colors for the production of canned products, growing consumer demand for low-fat food, rising demand for alcoholic and non-alcoholic beverages, growing adoption of processed food by consumers and stringent government rules & regulations. The other factors include changing lifestyle due to rapid urbanization, rising disposable incomes, increasing consumer preference for high-quality products, ongoing product innovation and strict government regulations.
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Moreover, growing demand for the product across various industries such as bakery & confectionary, beverages, and dairy products is likely to positively impact the growth of market in the next couple of years.However, ban on trade of artificial colors and rising substitution by natural colors are negatively impacting the growth of food colors industry.
The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product, application, form, solubility, and geography. The market is classified into form such as liquid dye, gel paste dye, powdered dye, gel paste dye, and others.
Asia Pacific has been at the forefront with regards to food colors market and will continue to rule the roost in the years to come. The increasing demand for natural products, changing consumer lifestyle, rising disposable income, and rising high adoption of product in the production of alcoholic & non-alcoholic beverages are major factors driving the growth of market in this region.
The key players contributing to the robust development of the food colors industry include Archer Daniels Midland Company, FiorioColori, Chr. Hansen S/A, Koninklijke DSM N.V., Naturex S.A., Sensient Technology Corporation,Kalsec, FMC Corporation.D.D, RAHO, Williamson & Co. Inc. (DDW), ITC Colors, Döhler Group and Kalsec Inc.These market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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Natural Food Colors Market is Owing to the Larger Demand of USD 2.50 billion by 2025
Feb 24, 2021: The global Natural Food Colors Market size is expected to value at USD 2.50 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand from food & beverage industry, technological advancement in methodology for manufacturing of organic color and growing influence of latest health & wellness trends. Additionally, the development of functional food products & ingredients and the rising need in the end-user market for familiar & organic food colors similar to that of dairy and frozen food products are complementing the market growth in the forecast period.
Globally, the natural food colors industry is predicted to grow at higher CAGR in forecast period, providing numerous opportunities for market players to invest for research and development in the natural food color market. Growing consumer base and increasing per capita income among individuals and improved quality of products are some of the key factors driving the market growth over the forecast period.
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Moreover, strict laws and regulation regarding manufacturing processes, excessive use of synthetic colors in food products and growing concerns related to their side effects are driving market progress. Increasing adoption in dairy and bakery products and robust growth of beverage industry is anticipated to augment the market expansion in upcoming years.
The natural food color industry is broadly categorized into four major segments based on the application type such as bakery & confectionery, alcoholic beverages, non-alcoholic beverages, and dairy & frozen products. The non-alcoholic beverages is considered as one of the faster growing segment in the natural food colors market with substantial revenue generation in the last few years. Growing popularity of non-alcoholic beverages segment is attributed to the rise in disposable income and economic development across the globe. The bakery & confectionery segment has also witnessed substantial growth due to the rising demand of product in sauces & salad dressings, chocolates, desserts and bakery products.
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The natural food colors industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in food & beverages industry, changing food habits and existence of well-established infrastructure. Asia-Pacific region is predicted to hold a major share in the natural food color market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rising personal disposable income, increasing consummation of dairy and bakery products and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the natural food color industry are ITC Co., GNT International B.V., Chr. Hansen A/S, Kalsec, Inc., Naturex S.A., and Sensient Flavors.
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Beta-Carotene Market Increased Demand for Immunity-Boosting Food Products in 2024
Feb 23, 2021: Global Beta-Carotene Market is predicted to grow considerably in the years to come owing to the impressive increase in the consumption of beta-carotene in different types of foods. Beta-carotene is also termed as provitam in A is an essential source of vitamin A (retinol) in vegetables and fruits. An antioxidant plays important role in normal human growth, development, and eyesight. Beta-carotene also fortifies immune system of the body and has a strong impact on thymus gland where immune cells are produced.
Beta-carotene also improves the creation of RNA. Beta-carotene market is experiencing growth due to increasing health issues and augmented importance of the vitamin source, rising inclination towards unadulterated ingredients, and high demand from developing regions is projected to drive overall market in the coming years. On the other hand, excessive consumption of beta-carotene can adversely affect human body and high cost of supplements may restrain overall market growth in the years to come.
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Beta-carotene industry is categorized on the basis of source, type, application, and geography. In terms of source, the market is divided into carrots, pumpkin, sweet potato, and spinach and plums. Carrots provide more beta carotene as compared to others, due to which the segment is expected to register maximum growth in future. On the basis of type, the market is divided into oil soluble and water soluble beta-carotenes. Owing to high implications, water-soluble beta-carotenes are expected to lead beta carotene market in the coming years.
Based on application, beta-carotene industry is split into supplements, food & beverages, feed and cosmetics. Beta-carotene is extensively used in providing color to foods and beverages, due to which, the segment is estimated to lead beta carotene market in the years to come. Food and beverages segment is further categorized into dairy products, bakery and confectionery, processed food soft drinks/juices, and infant food. In terms of revenue, bakery and confectionary, followed by processed foods contribute majorly to the market.
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Geographically, beta carotene industry is segmented as North America, Europe, Asia Pacific, and Middle East & Africa. Owing to large number of players, Europe is predicted to hold larger market share of beta-carotene. The major players in beta-carotene industry include BASF and DSM, Phytone, Valensa International, Kemin Industries, Cyanotech Corporation, Overseal Natural Ingredients, Algatechnologies, LycoRed, Mera Pharmaceuticals, Sensient Technologies, and Pharmline.
Market Segment:
Global Beta-Carotene Source Outlook (Revenue, USD Million, 2014 - 2024)
• Algae
• Fruits & Vegetables
• Synthetic
• Others
Global Beta-Carotene Application Outlook (Revenue, USD Million, 2014 - 2024)
• Food & Beverages
• Dietary Supplements
• Cosmetics
• Animal Feed
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Vanillin Market is Anticipated to Fuel the Growth of USD 724.5 million by 2025
Feb 15, 2021: The global Vanillin Market size is expected to value at USD 724.5 million by 2025. The market is subject to witness a substantial growth due to the rise in demand from food & beverage industry. Additionally, growing demand from various end-user industries such as food & beverage, cosmetics, and pharmaceuticals are expected to drive the growth of vanillin in upcoming years. Globally, the vanillin market is predicted to grow at CAGR of 7.0% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.
Vanillin is commonly used as flavoring ingredient to enrich taste of cuisine or packaged food products. Application of the vanillin include bakery products, confectioneries, ice-cream, chocolates, and non-alcoholic beverages. Thus, increase in demand form packaged food industry due to its wide range application is predicted to fuel the growth of vanillin industry over the forecast period. Growing popularity of the market from pharmaceutical sector is attributed to ability of vanillin to mask undesirable taste of livestock fodder or medicines. Vanillin is also used as an intermediate for the manufacturing of agro-chemicals and drugs. Increase in demand from personal care industry and cosmetics industry from various parts of the globe is estimated to augment the growth of the market in upcoming years.
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Vanillin adds distinctive flavor and taste to the food products, leading to increasing demand from number of packaged food manufactures. Vanillin contains low calorie ingredients and essential antioxidants. Such advantages makes it suitable for its use in various bakery products and alcoholic & non-alcoholic beverages. Changing food patterns and increasing health awareness among young population is largely influencing market demand for vanillin, in the recent years.
Additionally, shifting focus towards organic food products and healthy life style is expected to fuel the growth of vanillin market in coming years. However, growing concerns regarding the workers safety and hazardous operational conditions during manufacturing activities are expected to hamper market growth, in near future. In addition, increase in the number of laws and regulation regarding excessive of vanillin and use of synthetic ingredients by various governmental bodies such as REACH, Code of Federal Regulations, and NIOSH are responsible for restraining market growth to certain extent.
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Furthermore, labeling and packaging of vanillin are harmful to health of an individual working in close proximity with the product causing eye irritation, skin infections, acute toxicity, aquatic chronic disorders and acute aquatic toxicity, thus negatively affecting market growth. Yet, increasing demand from Asia Pacific and European owing to the presence of large-scale food & beverage industry and businesses are anticipated to fuel market growth during the forecast period.
Synthetic vanillin is one the fastest growing segment in vanillin industry with highest revenue generation in the last couple of years. Growing popularity of synthetic vanillin is attributed to the lower cost associated with synthetic vanillin in comparison with bio-based vanillin and increasing demand from Asia-Pacific region. Synthetic vanillin is derived from various types of petrochemicals, while bio-based vanillin is produced from real vanilla extract. However, rise in concerns for excessive use of synthetic vanillin in food products and its adverse effects on health condition are predicted to limit the market growth in the years to come.
The vanillin market is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the growing health awareness, growing demand of packaged food, and existence of prominent industry players in the region. Asia-Pacific region is predicted to hold major market share in the vanillin industry with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with growing demand from the various end-user industries, changing food patterns, dietary preferences, rise in per capita income, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the vanillin industry are Apple Flavor & Fragrance Group Co., Camlin Fine Sciences Limited, De Monchy Aromatics Limited, International Flavors & Fragrances, Inc., Ennloys Enterprises, Evolva Holding S.A., Advanced Biotech Pvt. Ltd., Omega Ingredients Limited., and Comax Flavors.
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Nonalcoholic Beverage Market is Anticipated to Predict Healthy Growth of USD 1.60 trillion by 2025
Feb 10, 2021: Global Nonalcoholic Beverage Market is anticipated to reach USD 1.60 trillion by 2025. Nonalcoholic Beverage is also termed as “Virgin drink”. Non-alcoholic beverages contain less than 0.5% alcohol. The factors that drive the growth of the market include increasing awareness among consumers toward proper health and well-being, changing lifestyle, influx of convenience beverages. Furthermore, increasing focus on R&D among key players with regards to low or zero-calories drinks is estimated to witness high growth in the years to come.
On the other hand, there are factors that may hamper the growth of the market such as strict government rules and regulations related to the ingredients in non-alcoholic beverages and increasing awareness regarding among consumers regarding health hazards such as diabetes resulting out of excessive consumption of non-alcoholic beverages. The market is anticipated to grow at a significant CAGR of 5.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
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Nonalcoholic Beverage Market may be explored by product, distribution channel and geography. Market may be explored by products as Functional Beverages, Carbonated Soft Drinks (CSDs), Sports Drinks, Fruit Beverages, Bottled Water and other. The “Functional beverage” dominated the Beverage Market in 2016 and anticipated to maintain its dominance by 2025.
Nonalcoholic Beverage Market may be explored by distribution channel as Vending Machine Operations, Supermarkets and general merchandisers, Convenience Stores & Gas Stations, Food Service & Drinking Places, and Other. The “Supermarket and Convenience stores” segment dominated the Nonalcoholic Beverage Market in 2016 and is anticipated to maintain its dominance by 2025. Expanding food and beverage services comprising fast-food joints, full-service restaurants, primary distribution channel, and takeaway outlets, will upsurge the growth of this segment in the forecast period.
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North America accounted for the major share of the Nonalcoholic Beverage Market Size in 2016 and will continue to lead in the forecast period. Additionally, the increasing youth population, particularly in emerging countries of Asia Pacific, is the major trend anticipated to alter the drinking pattern in favor of non-alcoholic drinks. The population is actively trying new flavors as refreshing substitutes. This is anticipated to predict healthy growth for the Nonalcoholic beverage market in the forecast period.
Some of the key players that fuel the growth of the Nonalcoholic Beverage Industry comprise Suja Life, LLC, Dr. Pepper Snapple Group, FreshBev, PepsiCo, Inc., A.G. Barr, Dydo Drinco, Livewire Energy; Calcol, Inc., Attitude Drinks, Co., Danone, Nestl S.A., and Kraft Foods Group, Inc., and the Coca-Cola Company. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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