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Alternative Sweetener Market - Forecast (2022-2027)

The Alternative Sweetener Market Size is estimated to reach$7.5 billion by 2027 and it is poised to grow at a CAGR of 4.4% over the forecast period of 2022-2027. Alternative sweetener is a sugar substitute that can be used as food additives to enhance and sweeten various foods and beverages. Furthermore, alternative sweeteners have a higher sweetness level than normal sugar, they are utilized at lower concentrations. Owing to their overall taste and low-calorie content, these sweeteners such as high fructose syrup, High-intensity sweeteners and low-intensity sweeteners are used to substitute sucrose (sugar). Alternative sweeteners are commonly used in food and beverage goods, bakeries and confectionery and can also be used to substitute sugar in nutritional supplements to reduce calories and carbohydrates. Soft drinks, powdered drink mixes, baked goods, sweets, puddings, tinned foods, jams and jellies and dairy products are all examples of processed foods that contain alternative sweeteners. In the home, alternative sweeteners are used to improve the appearance, color, flavor and texture of food. Alternative sweeteners have a reduced glycemic index, meaning they have no effect on insulin levels after consumption and are thus used as a low-calorie food ingredient. Alternative sweeteners are made from a variety of natural and non-natural sources such as sucralose, aspartame and saccharin and are widely employed in a variety of applications, including dairy products, bakery items and medications. Low-calorie sweeteners are preferred by diabetics and obese people as they have a lower sweetness quotient than sugar. Increased use of alternative sweeteners in the food processing industry is propelling the growth of the Alternative Sweetener industry, as well as brand awareness advertising by manufacturers, are the fundamental reasons for enhancing the Alternative Sweetener Market size during the forecast period 2022-2027.

Alternative Sweetener Market Report Coverage

The “Alternative Sweetener Market Forecast (2022-2027)" by Industry ARC, covers an in-depth analysis of the following segments in the Alternative Sweetener Market.

By Product Type: High Fructose Syrup, High-Intensity Sweeteners, Low-intensity Sweeteners and Others.By Application: Food & Beverages (Bakery, Confectionery, Beverages, Dairy), Pharmaceuticals and Others.

By Source: Natural, Synthetic and Others.

By Distribution Channel: Supermarkets, Hypermarkets, E-commerce websites and Others.

By Geography: North America (the U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia and the Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia and New Zealand and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Columbia and Rest of South America) and Rest of the World (the Middle East and Africa).

Key Takeaways

Geographically, North America held a dominant market share in the year 2021 due to the trend of healthy food.

Higher consumption of beverages, bakery and confectionery products owing to a busy lifestyle, changing dietary habits and the increasing demand for low-calorie food without foregoing the sweetness in their food along with changing preferences of consumers will help the market's growth during the forecast period of 2022-2027. However, Increased awareness of the consequences of excessive sugar consumption and the rising prevalence of diabetes around the world may stymie the market. Also, strict government regulations related to sweeteners and the fact that the over-consumption of alternative sweeteners is harmful to the body may hamper the industry's demand. 

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the Alternative Sweetener Market Report.

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Alternative Sweetener Market Segmentation Analysis - by Type

Alternative Sweetener Market based on types can be further segmented into High Fructose Syrup, High-Intensity Sweeteners, Low-intensity Sweeteners and Others. The High-Intensity Sweeteners segment held a dominant Alternative Sweetener Market share in the year 2021. Food additives known as high-intensity sweeteners (HIS) are sugar substitutes that resemble the taste of sugar. These sweeteners have a calorie value ranging from 0 to 4 Kcal/gm and are used as flavor enhancers in food and beverage products. To address the need of health-conscious consumers, HIS is utilized as a diet sugar. Furthermore, after it is regulated by the Food and Drug Administration, it can be utilized as a food additive (FDA). It can also be used commercially after receiving approval from the Generally Recognized as Safe (GRAS) organization, which is particularly important in North America and Europe. For instance, Sweden would launch its new natural sweetener in October 2021, as part of its "high-intensity sweeteners" product portfolio. Small amounts of ultra-sweet taste protein were discovered in West African plants known as Oubli. Also, awareness & brand promotion by key manufacturers increase the Alternative Sweetener industry's strength in the forecast period.However, the High Fructose Syrup segment is expected to grow at the quickest rate between 2022 and 2027, with a CAGR of 5.9%, owing to its distinct taste. High fructose corn syrup (HFCS) is a liquid sweetener made from a modified type of corn syrup that is utilized in the food and beverage industry as an alternative to sucrose. Wet milling is a method of producing high fructose corn syrup from corn. HFCS is more stable than granulated sucrose and works well in acidic beverages. It is also easier to carry, handle and mix attributed to its liquid property. The US Food and Drug Administration, on the other hand, has designated high fructose corn syrup as "Generally Recognized as Safe" (GRAS) (U.S. FDA). HFCS has been widely adopted by U.S. food manufacturers owing to its advantages over granulated sucralose. For instance, it is easy to supply and handle and has good stability. Such use of High Fructose Corn Syrup helps to boost the market of the Alternative Sweetener industry over the forecast period.

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Alternative Sweetener Market Segmentation Analysis - by Application

The alternative Sweetener Market based on the application can be further segmented into Food & Beverages, Pharmaceuticals and Others. The Food & Beverages segment held a dominant Alternative Sweetener Market share in the year 2021. Alternative sweeteners are commonly used in food and beverage goods, bakeries and confectionery and can also be used to substitute sugar in nutritional supplements to reduce calories and carbohydrates. During the forecast period, an increase in demand for low-calorie sucralose sweeteners in the food and beverage industry is likely to drive market expansion globally.However, pharmaceutical use of alternative sweeteners is expected to grow at the quickest rate between 2022 and 2027, with a CAGR of 6.1% owing to its use in capsules & tablets to assist appearance and ease of transport & storage. The sugar-coated tablet is protected from the damaging effect of air & moisture & it is easier to swallow owing to its improved flavor. In syrup, alternative sweeteners are used to mask the unpleasant taste of active ingredients & to maintain viscosity. Alternative sweeteners are also used in syrup to boost instant energy in cold & flu & also sugar extends the shelf life of the product. Such factors boost the pharmaceutical segment in the forecast period.

Alternative Sweetener Market Segmentation Analysis - by Geography

The Alternative Sweetener Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America and the Rest of the World. North America held a dominant Alternative Sweetener Market share of 36% in the year 2021. This is attributed to reasons like the presence of key market players and their product developments. Key manufacturers are promoting their products in innovative ways. Manus Bio, for example, launched the next generation "Natural Zero-Calorie Sweetener" in April 2021 in the United States under its iconic brand NutraSweet Naturals. To enjoy in everyday life, a plant-based sweetener with zero calories and 100% pure-tasting sweetness. The product has no aftertaste and can aid people who are trying to reduce weight quickly. The increased knowledge of the negative consequences of excessive sugar consumption is the primary driver of market expansion. As a result, there is greater potential for low-calorie sweeteners, particularly in bakery, beverage and dairy applications. Beverages are the most popular, followed by bakery, confectionery and dairy products. Splenda, Sweet'N Low, Stevia in the Raw and Equal are the favored brands of alternative sweeteners, according to the US Census Bureau. Furthermore, the Asia-Pacific is estimated to grow with the fastest CAGR over the forecast period 2022-2027. Attributed to the prevalence of a diverse range of suppliers and manufacturers, this region presents the profitable potential for important manufacturers. Furthermore, a high rate of economic growth, a rise in spending power and the creation of new dietary habits, such as the use of low-calorie diet beverages and sodas, are all contributing to market expansion.

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Alternative Sweetener Market Drivers

The Rise in Health-Conscious Consumer is a Key Factor Driving the Market Growth.

The market for alternative sweeteners is expanding owing to an increase in health concerns, as well as an increase in the incidence of diabetes and obesity. Increased demand for low-calorie sweeteners and an increase in the obese population, particularly in emerging countries, are driving market expansion. In addition to monk fruit extract, users use stevia extract, a sweetener obtained from the leaves of the stevia bush. According to WHO 2020, there are 422 million people suffering from diabetics 2020 and 1.5 million deaths are attributed owing to diabetics. With such increasing diabetes prevalence, people prefer alternative sources of sweeteners to avoid health risks. Low-calorie sweeteners are preferred by diabetics and obese people owing to their having a lower sweetness quotient than sugar. During the projected period, the global alternative sweeteners market is expected to develop owing to an increase in demand for healthy and low-calorie foods and beverages.

Application of Alternative Sweeteners in Various Industries is Propelling the Market Growth.

Alternative Sweeteners are used in various industries like the food & beverage industry in various beverages, juice, jam, jelly, cream, bakery-confectionery, diary, frozen dessert & others; in pharmaceutical & nutraceuticals in for preparation of anti-biotic & cough syrup to hide odor and taste of active ingredients and other compounds in formulations; in animal feed to enhance taste and mask unwanted odor in pet food and others. In 2020, the United States consumed 14.7 million metric tonnes of sweetener ingredients. Such an increase in consumption propelled the Alternative Sweetener Market size growth in the forecast period.

Alternative Sweetener Market Challenges 

The Overall Market Growth Has Been Hampered by Product Combinations that Equivocally Place Alternative Sweeteners Against Natural Sugars.

To combat sugar compositions, multiple components are required. As a result, holistic techniques to reduce sugar content while still harmonizing taste must be pursued. Formulators, for example, must combine stevia leaf extracts with erythritol to create sugar-free goods that fulfill consumer expectations. Sugar and artificial sweetener prices are 269.04 % more in 2022 than they were in 1977, according to the US Bureau of Labour Statistics (a $1.83 difference in value). Tate & Lyle will unveil new SWEETENER VANTAGE sweetener solutions design tools in July 2020 to assist formulators in creating sugar-free food and beverages using low-calorie sweeteners. Furthermore, a study has yielded a number of results that are further inhibiting market expansion. When taste receptors are exposed to other sweeteners or natural sugars, they react in the same way and the need can sometimes outweigh the health benefits. When we eat high-sugar foods, the brain sends out signals; however, there is no actual sugar in alternative sweeteners and the body creates insulin to offset the lack of a potential glucose molecule. As a result, the body begins to build insulin resistance over time. Finally, alternative sweeteners have been heavily processed with substances that can have negative health consequences. For example, intestinal health can deteriorate, resulting in obesity. Alternative sugar's negative health effects may stifle Alternative Sweetener Market size expansion over the projection period.

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Alternative Sweetener Industry Outlook

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Alternative Sweetener Market. The top 10 Alternative Sweetener Market companies are:

Archer Daniels Midland Company

American Sugar Refining Inc.

Cargill, Incorporated

E. I. du Pont de Nemours and Company

GLG LIFE TECH CORP

Heartland Food Products Group

Ingredion Incorporated

PureCircle

Tate & Lyle PLC

Zydus Wellness Ltd.

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Fortified Dairy Products Market To Reach $173.19 Billion By 2030

The global fortified dairy products market size is anticipated to reach USD 173.19 billion by 2030 and is projected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. There is a growing awareness of the importance of nutrition and its role in preventing chronic diseases and promoting overall health. Consumers are becoming more educated about the benefits of vitamins and minerals, leading to a preference for products that offer added health benefits. Fortified dairy products, which are enriched with essential nutrients such as vitamins D and B, calcium, and omega-3 fatty acids, appeal to health-conscious consumers. These nutrients are crucial for bone health, immune function, and cardiovascular health. For instance, vitamin D-fortified milk helps in the absorption of calcium, which is vital for maintaining strong bones and preventing osteoporosis, especially in aging populations.

Fortification of dairy products is an effective strategy to address dietary deficiencies that are prevalent in many parts of the world. Deficiencies in essential nutrients such as vitamin D, iron, and calcium are common, particularly in regions where access to a varied diet may be limited. Fortified dairy products provide an accessible and efficient means to deliver these nutrients to a wide population. For example, vitamin D deficiency is a widespread issue, especially in countries with limited sunlight exposure. Fortifying milk and other dairy products with vitamin D helps mitigate this deficiency. Similarly, fortified dairy products can be crucial in addressing iron deficiency, which is a leading cause of anemia worldwide.

Technological advancements in food processing and fortification have made it easier and more cost-effective to produce fortified dairy products. Innovations in microencapsulation and bioavailability of nutrients have improved the stability and efficacy of fortified ingredients in dairy products. These advancements ensure that the nutrients added to dairy products are preserved throughout the product’s shelf life and are effectively absorbed by the body. Moreover, advancements in production techniques have enabled manufacturers to fortify dairy products without compromising taste, texture, or overall quality. This has made fortified dairy products more appealing to consumers, driving up demand.

The dairy industry has seen a significant increase in the diversity and availability of fortified products. Manufacturers are introducing a wide range of fortified dairy products to cater to different consumer needs and preferences. These products include fortified milk, yogurt, cheese, and even ice cream.

The availability of various fortified options allows consumers to choose products that fit their dietary preferences and lifestyles. For instance, lactose-intolerant consumers can opt for lactose-free fortified milk, while those looking for weight management options can choose low-fat or skim-fortified milk. This diversity in product offerings has broadened the consumer base for fortified dairy products.

The demand for fortified dairy products is witnessing significant growth across different regions, driven by varying factors. In North America, the market is propelled by high health awareness and regulatory support. Consumers in this region are increasingly seeking out products with added health benefits, and stringent fortification regulations ensure the availability of such products. In the Asia Pacific region, rapid urbanization, rising disposable incomes, and growing health consciousness are driving the demand for fortified dairy products. The large population base in countries like China and India presents a substantial market opportunity for manufacturers.

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Fortified Dairy Products Market Report Highlights

The milk-segment led the market with the largest revenue share of 40.96% in 2023, due to the growing consumer demand for enhanced nutritional value, providing essential vitamins and minerals that support overall health

Based on ingredient, the vitamin segment held the largest market share of 30.84% in 2023, due to the increasing consumer awareness about the importance of vitamins for maintaining health and preventing deficiencies

Asia Pacific market held the largest revenue share of 36.15% in 2023 and is expected to retain its dominance over the forecast period. Rapid urbanization and rising disposable incomes in the region have led to increased consumer spending on health and wellness products, including fortified dairy 

Fortified Dairy Products Market Segmentation

Grand View Research has segmented the globalfortified dairy products market report based on product, ingredient, flavor, distribution channel, and region:

Fortified Dairy Products Product Outlook (USD Million; 2018 - 2030)

Milk

Yogurt

Cheese

Ice Cream

Others

Fortified Dairy Products Ingredient Outlook (USD Million; 2018 - 2030)

Vitamins

Minerals

Probiotics

Omega-3 Fatty Acids

Proteins

Others

Fortified Dairy Products Flavor Outlook (USD Million; 2018 - 2030)

Unflavored/Natural

Flavored

Fortified Dairy Products Distribution Channel Outlook (USD Million; 2018 - 2030)

Hypermarkets & Supermarkets

Convenience Stores

Specialty Stores

Online

Others

Fortified Dairy Products Regional Outlook (Revenue, USD Million; 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

UK

Germany

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia & New Zealand

South Korea

Central & South America

Brazil

Middle East & Africa (MEA)

South Africa

List of Key Players of the Fortified Dairy Products Market

Dean Foods Company

Nestle S.A

BASF SE.

China Modern Dairy Holdings Ltd.

General Mills Inc.

Arla Foods UK Plc.

Danone

CMMF Ltd.

Fonterra Group Cooperative Ltd

Bright Dairy & Foods Co.

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Specialty Fats And Oils Market To Reach USD 23.78 Billion By 2030

Specialty Fats And Oils Market Growth & Trends

The global specialty fats and oils market size is expected to reach USD 23.78 Billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.4% from 2024 to 2030. The specialty fats and oils market is experiencing significant growth due to an increasing demand for processed foods and convenience products among consumers worldwide. This trend is particularly prevalent in urban areas, where busy lifestyles and rising disposable incomes steer consumers towards ready-to-eat and packaged foods. Specialty fats and oils, offering tailored functionalities, flavors, and nutritional profiles, are integral to developing and enhancing these food products. Moreover, the versatility of these fats and oils makes them suitable for a wide range of applications, from baking and frying to confectionery and dairy products, further propelling their demand in the food processing industry.

In addition to the food sector, the demand in the personal care and cosmetics industry is bolstering the specialty fats and oils market. These ingredients are highly valued for their emollient properties, stability, and ability to act as carriers for other components, which makes them essential in the formulation of skincare, haircare, and cosmetic products. The growing consumer awareness of natural and organic ingredients, coupled with a willingness to spend on high-quality personal care products, contributes significantly to this market expansion.

Furthermore, advancements in technology and innovation in the extraction, processing, and application of specialty fats and oils play a crucial role. Manufacturers are continuously seeking new methods to improve their products' functionality, health benefits, and sustainability, responding to the evolving demands of consumers and regulatory bodies. The development of non-hydrogenated, trans-fat-free, and low-saturated fat products illustrates the industry's adaptation to health-conscious trends. Environmental concerns and the sustainable sourcing of raw materials influence market dynamics, with a pronounced shift towards more eco-friendly and ethically produced specialty fats and oils. This combination of technological, consumer, and environmental factors is shaping the growth and future direction of the specialty fats and oils market.

The expanding food industry and ongoing product innovations significantly propel the specialty fats and oils market. As food manufacturers strive to meet evolving consumer demands for taste, texture, and nutritional value, they increasingly turn to specialty fats and oils as crucial ingredients. These components allow for the creation of novel food products with improved functionality, stability, and sensory attributes. From enhancing the mouthfeel of low-fat products to extending shelf life and providing specific melting profiles for confectionery, specialty fats and oils enable food companies to differentiate their offerings in a competitive marketplace. This constant push for innovation drives research and development efforts, leading to the introduction of new specialty fat and oil formulations tailored to specific applications, further expanding the market's potential and encouraging growth across various food categories. In August 2023, AAK, a provider of plant-based fats & oil, introduced Cebes choco 15, a patented blend that can enhance the cocoa flavor in baked goods by incorporating up to 15% cocoa ingredients.

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Specialty Fats And Oils Market Report Highlights

Based on product type, specialty oils possess segment held a revenue share of 72.3% in 2023, due to the rising popularity of plant-based diets and the growing awareness of their health benefits, such as omega-3 fatty acids. Furthermore, the expanding applications of specialty oils in cosmetics, pharmaceuticals, and biofuels contribute significantly to market growth, driven by their functional properties and sustainability advantages.

On the other hand, specialty fats segment is expected to witness a CAGR of 7.5% during 2024 to 2030, owing to its versatility in enhancing texture, stability, and nutritional profiles of food products, meeting consumer preferences for healthier alternatives. Additionally, their increasing use in confectionery, bakery, and dairy industries to improve product quality and shelf life further boosts market growth.

In terms of application, confectionery possesses segment a share of 54.5% in 2023. The demand for specialty fats and oils in the bakery and confectionery industry is driven by their ability to enhance product texture, mouthfeel, and shelf life. Additionally, consumer preferences for healthier alternatives and the versatility of specialty fats and oils to meet specific dietary and functional requirements further stimulate market growth in this sector.

Europe held a market share of 21.6% in 2023, owing to the growing demand for high-quality, healthier alternatives to conventional fats and oils, along with the burgeoning food industry needing specialized fats for various applications. Moreover, stringent EU regulations on food safety and sustainability are pushing manufacturers towards sustainable sourcing and production practices, further fueling the market growth.

Asia-Pacific is expected to grow at a CAGR 8.0% during 2024 to 2030, due the rising demand for processed foods and the growing confectionery and bakery industries. Additionally, increased health awareness and the shift towards healthier dietary fats contribute to market growth in this region.

Regional Insights

In 2023, the specialty fats and oils market in North America captured a revenue share of 23.9%, owing to the increasing consumer demand for healthier alternatives in food products, such as low-trans-fat and non-GMO options. Additionally, technological advancements in processing methods and growing applications in industries like confectionery and bakery also contribute to market growth.

U.S. Specialty Fats And Oils Market Trends

The specialty fats and oils market in the U.S. accounted for a notable revenue share in 2023. In the U.S., factors driving the market include the rising popularity of plant-based diets and the consequent demand for plant-derived oils like coconut and avocado oil. Moreover, innovations in the cosmetics and personal care industry, where specialty fats and oils are used as key ingredients, contribute significantly to market expansion.

Specialty Fats And Oils Market Segmentation

Grand View Research has segmented the specialty fats and oils market report based on product type, application, and region:

Specialty Fats And Oils Product Type Outlook (Revenue, USD Million, 2018 - 2030)

Specialty Oils

Specialty Fats

Specialty Fats And Oils Application Outlook (Revenue, USD Million, 2018 - 2030)

Confectionery

Dairy

Specialty Fats And Oils Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

List of Key Players of Specialty Fats And Oils Market

Bunge Limited

Wilmar International Limited

Golden Agri-Resources Ltd

Kuala Lumpur Kepong Berhad

Sime Darby Plantation Sdn Bhd

Cargill

Liberty Oil Mills Ltd.

Henry Lamotte Oils GmbH

Savola Group

IOI Corporation

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/specialty-fats-oils-market-report

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Vegan Butter Market growth, trend, opportunity and forecast 2024-2030

Vegan Butter Market

The Vegan Butter Market is expected to grow from USD 1.10 Billion in 2022 to USD 2.10 Billion by 2030, at a CAGR of 7.90% during the forecast period.

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Vegan Butter Market Size

Vegan Butter is a non-dairy substitute for traditional butter made from animal milk. It is commonly made from vegetable oils, nuts, and sometimes even avocado. The market for vegan butter has been segmented based on type into two categories: vegetable butter and nut butter. It has various applications, including hypermarkets and supermarkets, convenience stores, and others. North America, Asia Pacific, the Middle East, Africa, Australia, and Europe are the regions where the vegan butter market is growing. Some of the leading market players in the vegan butter industry are Miyoko's (US), I Can't Believe It's Not Butter (US), Conagra Brands, Inc. (US), WayFare Foods (Montana), Prosperity Organic Foods, Inc. (Idaho), and Naturli Foods (Denmark). Regulatory and legal factors, such as food labeling requirements or organic certification, are critical in determining the acceptance and growth of the vegan butter market. The vegan butter market is set to grow significantly in the coming years as consumers become more health-conscious and environmentally aware.

Vegan Butter Market Key Players

Miyoko's (US)

I Can't Believe It's Not Butter (US)

Conagra Brands, Inc. (US)

WayFare Foods (Montana)

Prosperity Organic Foods, Inc. (Idaho)

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Vegan Butter Market Segment Analysis

The latest trends in the Vegan Butter market include the use of innovative plant-based ingredients such as cashews, soy milk, and coconut oil. Manufacturers are also focusing on developing new flavors and textures to provide a wide range of options to consumers. In addition, the market is witnessing significant growth in the online sales of vegan butter products through e-commerce platforms, which offer convenience and a wider product selection.

In conclusion, the Vegan Butter market is growing rapidly, driven by consumers' changing lifestyles, ethical concerns, and a desire for sustainable food practices. While the market faces some challenges, there are significant opportunities for growth in the coming years. Manufacturers need to focus on innovation, affordability, and expanding their distribution channels to capitalize on the growing demand for vegan butter products.

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KEY PRODUCT APPLICATION COVERED

Hypermarkets and Supermarkets

Convenience Stores

Others

KEY PRODUCT TYPES COVERED

Vegetable Butter

Nut Butter

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Vitamin C Market: Trends, Opportunities, and Future Outlook

Vitamin C, also known as ascorbic acid, is a vital nutrient renowned for its immune-boosting properties and its role in collagen synthesis, wound healing, and overall skin health. As a result, the Vitamin C market has experienced significant growth over the past few years, driven by increased consumer awareness and demand for health and wellness products. This article delves into the current state of the Vitamin C market, exploring key trends, opportunities, and future prospects.

Market Overview

The global Vitamin C market encompasses a range of products, including dietary supplements, functional foods and beverages, and skincare products. As of 2024, the market continues to expand, fueled by rising health consciousness and a growing preference for natural and organic ingredients.

Market Size and Growth

Vitamin C Market size was valued at USD 1.65 billion in 2021 and is poised to grow from USD 1.74 billion in 1024 to USD 6.27 billion by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031). This growth is attributed to the increasing adoption of Vitamin C supplements among consumers of all age groups, as well as the expanding application of Vitamin C in the cosmetic industry.

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Key Drivers

1. Health and Wellness Trends: The surge in health-consciousness among consumers is driving demand for Vitamin C supplements and fortified products. The emphasis on preventative healthcare and natural remedies has bolstered the market for Vitamin C, known for its antioxidant properties and role in supporting immune function.

2. Aging Population: As the global population ages, there is a heightened focus on products that support skin health and reduce signs of aging. Vitamin C's role in collagen production and skin repair has made it a popular ingredient in skincare products.

3. Innovation in Product Development: Companies are continually innovating to offer new Vitamin C formulations, such as liposomal Vitamin C and sustained-release versions. This innovation is attracting health-conscious consumers who seek more effective and convenient ways to incorporate Vitamin C into their daily routines.

4. Rising Awareness of Vitamin Deficiency: Increased awareness of vitamin deficiencies and their impact on health has led more people to include Vitamin C supplements in their diets. Educational campaigns and healthcare recommendations have played a crucial role in this trend.

Market Segmentation

The Vitamin C market can be segmented into several categories based on product type, application, and distribution channel.

Product Type

- Dietary Supplements: Tablets, capsules, gummies, and powder forms are popular among consumers looking for convenient ways to meet their daily Vitamin C needs.

- Functional Foods and Beverages: Vitamin C is increasingly being added to a variety of foods and drinks, including juices, energy bars, and dairy products.

- Skincare Products: Vitamin C serums, creams, and masks are in high demand for their skin-brightening and anti-aging properties.

Application

- Healthcare: Includes supplements and functional foods designed to support overall health and immune function.

- Cosmetics and Personal Care: Products aimed at improving skin health and appearance.

Distribution Channel

- Online Retail: E-commerce platforms are growing rapidly, offering consumers a wide range of Vitamin C products with the convenience of home delivery.

- Pharmacies and Drug Stores: Traditional retail outlets remain significant players in the market, providing Vitamin C supplements and related products.

- Specialty Stores: Health food stores and natural product retailers cater to consumers seeking premium or organic Vitamin C options.

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Vitamin C Market Top Player's Company Profiles - DSM Nutritional Products AG, CSPC Pharmaceutical Group Limited, Northeast Pharmaceutical Group Co., Ltd., BASF SE, China BBCA Group Corporation, Merck KGaA, Glanbia plc, Adisseo France SAS, Hangzhou Focus Corporation, Shandong Luwei Pharmaceutical Co., Ltd., Foodchem International Corporation, Koninklijke DSM N.V., Shandong Tianli Pharmaceutical Co., Ltd., Dishman Netherlands B.V., CSPS Pharmaceutical Group Limited, Shandong Xinhua Pharmaceutical Co., Ltd., Northeast Pharmaceutical Group Co., Ltd., Aland (Jiangsu) Nutraceutical Co., Ltd., Shandong Runxin Biotechnology Co., Ltd., Chongqing Huabang Pharmaceutical Co., Ltd.

Regional Analysis

The Vitamin C market exhibits varying growth patterns across different regions.

- North America: The market in North America is robust, driven by a high level of health awareness and a strong preference for dietary supplements.

- Europe: Europe also shows significant growth potential, with increasing demand for both dietary supplements and cosmetic products containing Vitamin C.

- Asia-Pacific: The Asia-Pacific region is emerging as a key growth area, with rising disposable incomes and greater consumer focus on health and wellness.

- Latin America and Middle East & Africa: These regions are experiencing gradual growth as awareness about Vitamin C benefits expands and market penetration increases.

Future Outlook

The Vitamin C market is poised for continued growth, driven by increasing health awareness, technological advancements, and a growing preference for natural products. Companies that leverage innovation, address regulatory challenges, and effectively tap into emerging markets will likely lead the way in shaping the future of the Vitamin C industry. As consumers increasingly seek out products that support overall health and wellness, the demand for Vitamin C is expected to remain strong. With ongoing advancements in product development and a heightened focus on health and skincare, the Vitamin C market is set to thrive in the coming years.

[rupalic]

Latest Regulatory Trends Impacting the Feed Phosphates Industry

The feed phosphates Industry is an essential component of the global animal feed industry, providing crucial nutrients that enhance the health and growth of livestock. Phosphates are used in animal feed to ensure optimal growth, improve fertility, and strengthen bone development. The market is driven by the increasing demand for meat and dairy products, which requires efficient and nutritious feed to support livestock production.

The global feed phosphates industry has been experiencing steady growth. This growth is primarily driven by the increasing global population, rising disposable incomes, and changing dietary preferences towards protein-rich diets. The expansion of the poultry and swine industries, in particular, is contributing significantly to the demand for feed phosphates. The feed phosphates market size is estimated at USD 2.6 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 4.0% from 2023 to 2028.

Feed Phosphates Market Growth Drivers

Nutritional Benefits: Feed phosphates play a vital role in improving the nutritional quality of animal feed, leading to better health and productivity of livestock.

Technological Advancements: Innovations in feed phosphate production and formulation are enhancing the efficiency and effectiveness of these additives.

Government Regulations: Supportive government policies and regulations promoting the use of phosphates in animal nutrition are positively impacting the market.

Rising Demand for Meat Products: As the global population continues to grow, so does the demand for meat products. This necessitates efficient livestock production, thereby boosting the demand for feed phosphates.

Know about the assumptions considered for the study

 Europe Feed Phosphates Market Expected to Capture the Largest Industry Share

The feed phosphates market has been analyzed across North America, Europe, Asia Pacific, South America, and the Rest of the World. According to the Alltech Feed Survey, Europe’s feed production reached 261.9 million metric tons in 2020, ranking third globally in supporting animal nutrition for livestock, poultry, swine, and other categories. The region has experienced a consistent rise in meat consumption, driven by factors such as population growth, urbanization, shifting demographics, increasing incomes, and fluctuating prices. Consequently, the demand for feed in Europe is on the rise.

Top Feed Phosphates Manufacturers: Strategic Moves and Market Presence

🌍 🔬The Mosaic Company: Global Leader in Phosphate and Potash Production

The Mosaic Company is a leading global producer and supplier of phosphate, potash, and various crop nutrients. With manufacturing plants in Louisiana and Florida, it focuses on concentrated phosphate nutrients for crops and feed ingredients for animals. The company operates through three main segments: Phosphates, Potash, and Mosaic Fertilizantes, with feed phosphates available through the Phosphates division.

Mosaic markets its products in over 40 countries, including the US, India, Canada, and Brazil, through wholesalers, retail dealers, and direct sales. Its feed phosphate products, rich in sodium, calcium, and phosphorus, support digestion, promote lean muscle growth, and contribute to a robust skeletal system.

🌾🏭 Yara: Leading Manufacturer of Fertilizers and Industrial Products

Yara specializes in manufacturing and marketing fertilizers and industrial products. Its operations are divided into six segments: Europe, Americas, Africa and Asia, Global Plants & Operational Excellence, Clean Ammonia, and Industrial Solutions.

With a presence in over 150 countries across Europe, Africa, Asia, North America, South America, and Central America, Yara operates through major subsidiaries including Yara Australia Pty Ltd. (Australia), Yara Trading (Shanghai) Co. Ltd. (China), Yara North America, Inc. (US), Yara Colombia Ltd., Yara Hellas S.A. (Greece), and Yara Asia Pte. Ltd. (Singapore). The company maintains production facilities in more than 17 countries and operational facilities in over 50 countries.

Make an Inquiry to Address your Specific Business Needs

🌍🔬OCP: Market Leader in Phosphates and Fertilizers

OCP is a leading player in the phosphate market, including its derivatives, phosphoric acid, and fertilizers. The company produces high-nutrition feed that is rich in calcium and phosphorus. It operates through four key segments: Phosphate, Phosphoric Acid, Fertilizer, and Other, with feed phosphates available under the Phosphate segment.

OCP distributes its phosphate products across five continents—North America, South America, Europe, Africa, and Asia. The company manages its global operations through 30 subsidiaries and supports the market through robust distribution channels involving traders and distributors.

Dicalcium Phosphate is Capturing Major Feed Phosphates Market Share

The dicalcium phosphate (DCP) segment is projected to hold the largest market share among feed phosphates. Achieving an optimal calcium-to-phosphorus ratio is crucial for animal nutrition, and DCP offers an excellent balance of these essential minerals. This balance ensures animals receive the necessary nutrients to support their growth and overall health. Additionally, DCP is relatively cost-effective compared to other feed phosphates, making it an appealing choice for farmers who are looking for affordable, high-quality mineral supplements for their livestock.

Recent Advances in Feed Phosphates Industry

In 2023, OCP Group, a prominent global provider of phosphate-based plant and animal nutrition solutions, and Fertinagro Biotech S.L., a major Spanish fertilizer producer, are delighted to announce the successful completion of OCP's acquisition of Global Feed S.L on May 17th, 2023. This acquisition reinforces OCP's dedication to establishing a strong position in the animal nutrition sector, further solidifying its role as a leading player in the industry.

In 2020, Nutrien Ltd. entered into a definitive agreement to acquire the entire equity of the Tec Agro Group. Tec Agro, a prominent agricultural retailer operating in the state of Goiás, (Brazil) brings nearly 25 years of dedicated service to farmers and operates through eight retail branches. This acquisition of Tec Agro represents a significant advancement in establishing a robust presence within the vital and expanding Brazilian agricultural market.

[foodandbeverages]

Plant-based Yogurt Market Size 2023 Global Industry Share, Top Players, Opportunities And Forecast To 2033

The global plant-based yogurt market size is likely to jump from US$ 4,489.87 million in 2023 to US$ 15,398.39 million by 2033. This projected expansion is anticipated to result from a remarkable 13.1% CAGR in the demand for plant-based yogurt over the upcoming decade.

The plant-based yogurt market, which was until a few years ago thought to be in its infancy, has taken off in part because of flexitarians, who alternate between eating dairy and non-dairy products. Given the rising popularity of plant-based diets, the plant-based yogurt market has developed. Different plant-based diets have become more popular around the globe. Plant-based yogurt has emerged as a new option to follow sustainable dietary habits. Because of its nutritional advantages, plant-based yogurt is becoming gradually popular in place of traditional dairy yogurt. Dairy products are being consumed less frequently globally as a result of their declining shine.

One of the primary variables influencing the health advantages of plant-based yogurt is the frequency of diseases brought on by lactose intolerance. Demand for plant-based yogurt is also largely driven by the nutritional advantages of lowering the likelihood of cardiovascular disease. The popularity has been heightened by the growing trend of fortifying plant-based yogurt with nutrients. Plant-based yogurt that has been enriched with omega-3 fatty acids is one example. Health professionals are praising the several advantages of eating plant-based cultured yogurt.

The texture and consistency of plant-based yogurt products, however, are equivalent to those of traditional dairy products. Grain, seeds, and nuts are a few of the typical plant-based ingredients utilized in yogurt production. Soy, almond, hemp, oats, and coconut are a few of the popular ones. Inconvenience and specialized stores throughout the world, plant-based yogurt options are becoming more readily available. These yogurts taste much better now and have more flavor options than ever before.

Consumption of environmentally friendly food items is the primary promotional concept that plant-based yogurt supports. The adoption of plant-based diets has increased as a result of this tendency. Food manufacturers in the plant-based yogurt sector have discovered a vast opportunity in products like these to demonstrate that they are concerned about the environmental impact of packaged foods. It is reasonable to conclude that beverages and yogurt made from plants are a developing market.

Information Source: https://www.futuremarketinsights.com/reports/plant-based-yogurt-market

Key Takeaways from the Plant-based Yogurt Market

In 2022, the global plant-based yogurt market size stood at US$ 4,018.11 million.

The United States is leading the plant-based yogurt industry with a 20.8% global market share in 2023.

In 2023, Germany’s plant-based yogurt industry tracks the United States, holding a 5.7% global market share.

China emerged as a prominent player in the Asia Pacific plant-based yogurt industry, capturing a 5.6% global market share in 2023.

In 2023, Australia possesses a modest 5.2% portion of the global plant-based yogurt industry.

Japan’s plant-based yogurt industry secures a market share of 3.8% in 2023.

“For plant-based products in general and plant-based yogurt in particular, North America and Europe remain particularly attractive markets. These two regions have seen a significant rise in individuals adopting vegetarian and vegan lifestyles. Nevertheless, changing trends are encouraging expansion throughout the Asia Pacific. The cultural acceptance of plant-based foods in certain countries is likely to contribute to a favorable environment for growth.” according to Nandini Roy Choudhury, Client Partner at Future Market Insights.

Key Players and Strategies for Success in the Plant-based Yogurt Market

In the plant-based yogurt market, leading players are adopting key strategies for success. They prioritize innovation, crafting a wide array of flavorful options to entice consumers. Key market participants are heavily concentrating on expanding their consumer base through joint ventures or collaboration with other industry partners.

Top Brands in the Plant-based Yogurt Market

Callifia

Chobani

Forager

Good Plants

Good Karma

Kite Hill

LAVVA

Nancy’s

Silk

So Delicious

Recent Developments in the Plant-based Yogurt Market

In April 2022, a powerful plant-based yogurt base was introduced by MISTA, a San Francisco-based development system, as its initial member-created item. Customers can grab the plant-based yogurt base in the United States, Europe, and certain locations in Latin America.

In November 2021, Plant Veda, a renowned producer of dairy alternatives, confirmed the launch of “Plant Gurt,” a new plant-based yogurt that includes millions of active probiotics and can be mixed with smoothies or morning cereals.

Plant-based Yogurt Market Segmentation

By Nature:

Conventional

Organic

By Product Type:

Cereal Type

Oat

Rice

Corn

Spelt

Legume

Soy

Pea

Peanut

Lupin

Chick Pea

Nut

Almond

Coconut

Hazelnut

Pistachio

Walnut

Cashew

Pili Nut

Seed

Sesame

Flax

Hemp

Sunflower

Pseudo Cereal

Quinoa

Teff

Amarnath

Cassava

By Flavor:

Regular

Vanilla

Strawberry

Blueberry

Cherry

Peach

Raspberry

Coconut

Coffee

Others

By Price Range:

Economic

Mid-Range

Premium

By Sales Channel:

Food Service

Retail

Modern Trade

Convenience Stores

Specialty Stores

Discounters

Independent Small Groceries

E-commerce

Others

By Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

MEA

[amrutatbrc1]

Salted Butter Market : Technology Advancements, Industry Insights, Trends And Forecast 2033

Overview and Scope Salted butter is a type of butter that has had salt added to it during the production process. It is commonly used in cooking, baking, and as a spread. The addition of salt enhances the flavor and also acts as a preservative, giving salted butter a longer shelf life compared to unsalted butter. Salted butter is commonly used in cooking and baking and is a spread for bread and other foods.

Sizing and Forecast The salted butter market size has grown strongly in recent years. It will grow from $35.94 billion in 2023 to $37.92 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to the rise of online shopping platforms, the rise in health awareness, increasing demand from professional chefs, increasing population growth, and increasing consumer preferences for natural products.

The salted butter market size is expected to see strong growth in the next few years. It will grow to $47.54 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to a growing understanding of the negative health effects, rising popularity of bakery products, increasing demand for artisanal dairy products, increasing demand for artisanal dairy products, and growing influence on global food. Major trends in the forecast period include technological advancements, growth in artisanal varieties, organic options, gourmet cooking, innovations in packaging, and emphasis on sustainable sourcing.

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Segmentation & Regional Insights The salted butter market covered in this report is segmented –

1) By Product: Blocks, Sticks, Other Products 2) By Distribution Channel: Online, Offline 3) By Application: Household Use, Commercial Use

Asia-Pacific was the largest region in the salted butter market in 2023. The regions covered in the salted butter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth The rising popularity of bakery products is expected to propel the growth of the salted butter market going forward. Bakery products encompass a variety of food items, such as bread, cakes, muffins, and pastries that are typically baked in an oven. The rising popularity of bakery products can be attributed to increasing demand for convenient, ready-to-eat foods, diverse flavor options, artisanal craftsmanship, health-conscious ingredient choices, and cultural culinary trends. Salted butter is essential in baking as it improves the flavor, texture, and overall quality of various bread goods. For instance, in April 2023, according to the National Center for Biotechnology Information, a US-based governmental agency, the Italian bakery products industry produced 13.10 million tons of goods overall in 2021, a 2.6% rise from 2020. Therefore, the rising popularity of bakery products is driving the growth of the salted butter market.

Key Industry Players Major companies operating in the salted butter market are Lactalis Group, Royal FrieslandCampina NV, Arla Foods Group, Land O'Lakes Inc., Ornua Co-operative Limited, Organic Valley, Tillamook County Creamery Association, Anand Milk Union Limited, Devondale Murray Goulburn Co-operative Co. Limited, Crystal Farms Dairy Company, Vermont Creamery, Daylesford Organic, Granarolo SpA, Straus Family Creamery, Challenge Dairy Products Inc., Anchor Foods Ltd., Finlandia Cheese Inc., Meat The Butcher Pte Ltd., Horizon Organic, Agral SA, Mainland Cheese Company, Valio Ltd., Tyner Pond Farm, Organic Times, Dukeshill Ham Company Ltd.

The salted butter market report table of contents includes:

1. Executive Summary

2. Salted Butter Market Characteristics

3. Salted Butter Market Trends And Strategies

4. Salted Butter Market - Macro Economic Scenario

5. Global Salted Butter Market Size and Growth .........

32. Global Salted Butter Market Competitive Benchmarking

33. Global Salted Butter Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Salted Butter Market

35. Salted Butter Market Future Outlook and Potential Analysis

36. Appendix

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[ananya5400]

Frozen Foods Market Size, Share, Competitive Landscape, Trend, Opportunities, Industry Analysis, and Forecast

The global frozen foods market, valued at USD 284.2 billion in 2023, is expected to grow at a CAGR of 5.1%, reaching USD 363.7 billion by 2028. Rising consumer demand for convenient meal solutions due to busier lifestyles is driving this growth. Innovations in freezing and packaging technologies have enhanced the quality and shelf life of frozen foods, making them more attractive to consumers. Furthermore, increasing concerns about food waste and a preference for longer-lasting food items are boosting the popularity of frozen products. The growing range of healthier frozen options, including fruits, vegetables, and organic items, aligns with the trend towards health and wellness, fueling further expansion in the market.

Frozen Foods Market Drivers: Rapid Growth in Packaged Food & Beverage Drives Growth in the Frozen Foods Market

The rapid expansion of the packaged food and beverage industry is significantly driving the growth of the frozen foods market. This dynamic is due to several key factors. First, the rise in demand for packaged foods is linked to shifting consumer lifestyles and preferences. Today’s consumers value convenience, portability, and extended shelf life.

Frozen foods perfectly match these demands, offering convenient, ready-to-eat or easy-to-prepare meal options. They provide a practical solution for individuals and families seeking quick and hassle-free dining alternatives.

Additionally, the strong distribution networks and marketing strategies of the packaged food industry help frozen food products reach a wider audience. This mutual growth benefits both sectors as they address the evolving consumer desire for convenience and variety in their food options.

Frozen Foods Market Opportunities: Rising disposable incomes in emerging economies, driving frozen foods segment

The growth of processed food trade presents a major opportunity for the frozen foods market. As global trade networks expand, the frozen foods industry stands to gain in several ways. First, increased international trade allows for a greater exchange of processed foods, including frozen options, giving consumers access to a broader selection of global products and enhancing their culinary experiences. Second, globalization facilitates the import and export of frozen food ingredients, leading to cost-effective sourcing of raw materials. This can result in more competitive pricing and higher profitability for frozen food manufacturers. Additionally, international trade fosters innovation and the creation of new frozen food products tailored to diverse regional tastes, which can attract a wider consumer base and drive market growth.

Frozen Foods Market Trends

Health and Wellness: Consumers are increasingly seeking healthier frozen food options, including those with organic ingredients, fewer additives, and lower sodium content. There's a growing demand for frozen fruits, vegetables, and lean protein options as people become more health-conscious.

Plant-Based Alternatives: With the rise in vegetarianism, veganism, and flexitarian diets, there's a surge in demand for plant-based frozen foods. This includes plant-based meat substitutes, dairy-free ice creams, and vegetable-based frozen meals, catering to the needs of diverse dietary preferences.

Convenience and Time-Saving: Busy lifestyles and hectic schedules have fueled the demand for convenient meal solutions. Frozen foods offer quick and easy meal options without compromising on taste or nutrition. Single-serve frozen meals, microwaveable snacks, and pre-cut frozen produce are gaining popularity among consumers seeking hassle-free meal solutions.

Premiumization: Consumers are willing to pay more for higher-quality frozen food products. Brands are focusing on premium ingredients, innovative packaging, and gourmet flavors to differentiate themselves in the market. Premium frozen pizzas, artisanal ice creams, and specialty frozen appetizers are witnessing increased demand among discerning consumers.

Europe Dominates the Frozen Foods Market Share.

Europe is a major center for frozen vegetable consumption, fueled by busy lifestyles and a growing demand for convenient, nutritious, and cost-effective food options. Increased incomes and evolving dietary preferences are driving this market, with a notable shift toward plant-based diets. Key opportunities for vegetable suppliers are concentrated in Germany, France, Belgium, Italy, and the Netherlands. The rising awareness of the nutritional benefits of frozen vegetables over fresh and refrigerated options is boosting demand, particularly among younger consumers.

In 2021, Europe imported frozen vegetables worth €3 billion, totaling 2.8 million tonnes. Of these imports, 91% came from within Europe, while only 9% were sourced from developing countries. Europe’s position as a leading global producer of frozen vegetables supports this predominantly internal trade. Germany, with a 20% market share, is the top importer, followed by France (18%) and Belgium (14%). Germany and France, in particular, are key focus markets, while Belgium, although a significant producer and exporter, also imports some vegetable varieties. Italy, the Netherlands, Spain, and Sweden are also important markets in Europe.

Germany ranks as the world’s third-largest importer of frozen vegetables, trailing only the United States and Japan, and leads Europe in this sector. In 2021, 90% of Germany’s frozen vegetable imports came from other European countries, with the remaining 10% sourced from developing nations. This strong intra-European import activity plays a crucial role in the growth of the European frozen foods market.

The contract catering sector, where organizations outsource catering services to specialized companies, is gaining traction across businesses, public authorities, childcare centers, educational institutions, healthcare facilities, and correctional institutions in Europe. According to Food Service Europe, the contract catering industry has an annual turnover exceeding USD 26.59 billion and shows significant growth potential, as only 35% of European firms or collective organizations providing social food services currently have catering contracts.

Top Frozen Foods Companies

The key players in this market include General Mills Inc. (US), Nestlé (Switzerland), Unilever (Netherlands), McCain Foods Limited (Canada), Conagra Brands, Inc. (US), Kellogg's Company (US), Grupo Bimbo (Mexico), and The Kraft Heinz Company (US)

[tamanna31]

Prebiotic Ingredient Market Key Vendors, Manufacturers, Suppliers and Analysis Industry Report 2028

Prebiotic Ingredient Industry Overview

The global prebiotic ingredient market size was valued at USD 6.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.7% from 2022 to 2028.

The increasing use of prebiotics in dairy and cosmetic products owing to its health benefits is impelling the market growth. Moreover, increasing awareness of nutritional values, growing middle-class population, and rising cultivation and harvesting of prebiotic natural herbs are facilitating business demand. Increasing investment in R&D by various players to develop new ingredients coupled with rising demand for a food product that contains prebiotic ingredients is likely to drive market growth during the forecast period. Also, age group and income level play important role in determining the purchase of prebiotic ingredients. Moreover, rising technological advancements in developing oligosaccharides and inulin are likely to drive market growth during the assessment period.

Gather more insights about the market drivers, restrains and growth of the Prebiotic Ingredient Market

Owing to the rise in health consciousness, the consumer preference for the prebiotic ingredient is increasing. Further, improvement in living standards, an increase in health expenditure, and a surge in disposable income will boost market growth during the forecast period. Also, due to the increasing working population, there is rising demand for quality and nutritional food. Hence market is projected to showcase noteworthy growth. Moreover, growing concerns for a healthier lifestyle is increasing the demand for prebiotic ingredient. Also increasing trend for healthier food and growing consumption of food with prebiotic ingredients leads to its increasing demand. Hence, the market is estimated to show growth during the assessment period.

The COVID-19 pandemic has also affected the market in various regions. As lockdown was imposed, the supply chain was disturbed in many regions. Various businesses and industries were closed down adversely affected the market. This pandemic has also impacted logistics suppliers and farmworkers. Moreover, after lockdown relaxation and lift of travel ban across western countries in the last quarter of 2020 helped the market to surge back again and start the supply chain of products normally. Also declining cases of COVID-19 are estimated to raise the economy in various regions and the market growth.

Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.

The global microparticulated whey protein market size was estimated at USD 140.0 million in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030. 

The global pea protein market size was valued at USD 2.12 billion in 2023 and is expected to grow at a CAGR of 12.1% from 2024 to 2030.

Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2017 to 2028. Grand View Research has segmented the prebiotic ingredient market based on type, application, and region:

Type Outlook (Revenue, USD Million, 2017 - 2028)

Inulin

Oligosaccharide (MOS/GOS/FOS)

Others

Applications Outlook (Revenue, USD Million, 2017 - 2028)

Food & Beverage

Dietary Supplements

Others

Key Companies & Market Share Insights

Companies' are focusing on innovating new types of prebiotic ingredients to meet the increasing demand. New players are entering the market owing to low market entry barriers and higher market potential. The increasing demand for prebiotic ingredients offers an opportunity for product development in the regions of high demand. Some of the prominent players in the global prebiotic ingredient market include:

Beneo-Orafti SA

Tereos Group

Ingredion Inc.

Cargill Inc.

DowDuPont Inc

Royal FrieslandCampina N.V.

Kerry Group

Cosucra-groupe Warcoing SA

Sensus BV

Order a free sample PDF of the Prebiotic Ingredient Market Study, published by Grand View Research.

[market91526]

The Global Beta Carotene Powder Market size is expected to be worth around USD 781.9 Million by 2033, from USD 475.5 Million in 2023, growing at a CAGR of 5.1% during the forecast period from 2024 to 2033. The Beta Carotene Powder Market refers to the global industry focused on the production, distribution, and application of beta carotene in its powdered form, which is widely used as a natural colorant and dietary supplement. Beta carotene, a precursor of vitamin A, is valued for its antioxidant properties and is commonly used in the food and beverage industry, cosmetics, and pharmaceuticals. The market is driven by increasing consumer demand for natural and healthy ingredients, particularly in food products, along with growing awareness of the health benefits associated with beta carotene consumption. Market Key Players:

BASF SE

Kemin Industries Inc.

Algatechnologies Ltd.

Chr. Hansen A/S

Phytone Limited

Cyanotech Corporation

Royal DSM N.V.

LycoRed Ltd.

Overseal Natural Ingredients Ltd.

Pharmline Inc.

Sensient Technologies Corporation

Mera Pharmaceuticals Inc.

Valensa International LLC

Click here for request a sample: https://market.us/report/beta-carotene-powder-market/request-sample/ Natural Source Analysis:

The natural segment dominates the Beta Carotene Powder Market with a 59.4% share, driven by growing consumer preference for natural and organic products. Extracted from sources like carrots, algae, and fungi, natural beta carotene appeals to health-conscious consumers and benefits from regulatory support, especially in regions like the European Union. Although synthetic beta carotene is more cost-effective, it holds a smaller market share due to regulatory restrictions and consumer skepticism, but it remains important in regions with fewer regulations and cost-sensitive applications.

End-Use Analysis:

The food and beverages sector leads the Beta Carotene Powder Market with a 32.6% share, fueled by its use as a natural colorant and nutrient additive, particularly in dairy, bakery, and beverages. Dietary supplements, driven by health-conscious consumers, are also a significant segment, with beta carotene valued for its antioxidant properties. The personal care and cosmetics segment is growing, thanks to the demand for natural beauty products, while the pharmaceutical segment utilizes beta carotene for its health benefits. Additionally, the animal feed segment is expanding as awareness of animal nutrition grows.

Key Market Segments:

By Source

Natural

Synthetic

By End-Use

Food & Beverages

Dietary Supplements

Personal Care & Cosmetics

Pharmaceutical

Animal Feed

Others

Growth Opportunities:Rapidly growing economies and increasing populations in regions like Asia-Pacific and the Middle East present significant growth opportunities for the Beta Carotene Powder Market. These regions are experiencing a surge in demand for natural and nutritious products, driven by rising health awareness and increasing disposable incomes.Companies like Lycored and Chr. Hansen are expanding their presence in these regions to capture this growing demand. The Asia-Pacific market is particularly promising, with a projected compound annual growth rate (CAGR) of 6.5%. This expansion is supported by the region’s large and youthful population, which is increasingly adopting health-conscious lifestyles.

Trending Factors:The clean label and sustainability trends are gaining momentum, significantly boosting the demand for natural and eco-friendly ingredients like beta carotene powder. Consumers are increasingly seeking products with transparent ingredient lists and sustainable sourcing practices.Companies like Chr. Hansen and Sensient Technologies are promoting their beta carotene powder products as clean-label and sustainable alternatives to synthetic colorants. The emphasis on sustainability and clean labels aligns with broader environmental and health-conscious consumer trends, driving the market forward.

[pranalip]

Beverage Flavoring Market Industry Forecast and Competitive Landscape Reports | Global Insight Services

Beverage flavoring is the process of adding flavor to a beverage. This can be done by adding natural or artificial flavors, or by adding fruit juices, syrups, or other flavorings. Beverage flavoring can also be done by adding spices, herbs, or other ingredients to the beverage.

Key Trends

The key trends in beverage flavoring technology are the development of natural flavors, the use of fruit and vegetable juices, and the use of spices and herbs. Natural flavors are becoming more popular as consumers become more health conscious. Fruit and vegetable juices are being used more often as a way to add flavor to beverages. Spices and herbs are also being used more often to add flavor to beverages.

Key Drivers

The key drivers of this market are the growing demand for natural and healthy food and beverages, the increasing preference for flavored products, and the rising health consciousness among consumers.

The growing demand for natural and healthy food and beverages is one of the key drivers of the beverage flavoring market. Consumers are becoming more aware of the importance of healthy eating and are therefore, preferring products that are made with natural and healthy ingredients. This trend is especially prominent in developed countries such as the US and Europe where consumers are willing to pay premium prices for natural and healthy products.

The increasing preference for flavored products is another key driver of the beverage flavoring market. Flavored products are becoming increasingly popular among consumers due to their enhanced taste and aroma. Moreover, manufacturers are introducing new and innovative flavors to cater to the growing demand from consumers.

The rising health consciousness among consumers is another key driver of the beverage flavoring market. Consumers are becoming more aware of the importance of maintaining a healthy lifestyle and are therefore, preferring products that are low in calories and fat. This trend is especially prominent in developed countries such as the US and Europe where consumers are willing to pay premium prices for healthy and low-calorie products.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segments

The beverage flavoring market report is bifurcated on the basis of origin, flavor, application, and region. On the basis of origin, it is segmented into natural and artificial. Based on flavor, it is analyzed across vanilla, dairy, spices, and others. By application, it is categorized into beverages, dairy products, frozen products, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Player

The beverage flavoring market report includes players such as  Givaudan, International Flavors & Fragrances, Flavorchem Corporation, Sensient Technologies, Tate & Lyle, Robertet SA, Takasago International Corporation, Symrise, Firmenich, Mane, and Doehler.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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Plant-Based Proteins Surge in Popularity Due to Veganism and Cultural Preferences

Protein Ingredients Market size is expected to be worth around USD 134.0 billion by 2033, from USD 74.1 billion in 2023, growing at a CAGR of 6.1% during the forecast period from 2023 to 2033.

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As consumer preferences shift towards healthier eating habits, there is a growing demand for protein ingredients in products like margarine and cold cuts. This trend is driven by increased awareness of health benefits associated with protein consumption, including improved muscle repair, weight management, and energy balance.

The market is experiencing robust growth due to innovation in protein formulations by manufacturers, who are developing new protein types tailored to specific health needs. These advancements cater to a diverse range of consumer requirements, from enhancing muscle recovery to promoting satiety and weight loss. 

As clean eating and health-conscious lifestyles gain popularity, the demand for functional and high-quality protein ingredients continues to rise, presenting significant opportunities for expansion within the industry.

Кеу Маrkеt Ѕеgmеntѕ

By Source

Microbe-Based Proteins

Animal/Diary Proteins

Plant Proteins

Insect Proteins

By Application

Food & Beverages

Protein Bars

Protein Beverages

Meat Alternatives

Dairy Products

Dietary Supplements

Pharmaceuticals

Animal Feed

Personal Care Products

Others

By SourceIn 2023, animal-based proteins dominated the market with over 75.4% share, crucial for liquid biopsy tests and recognized for their health benefits. Whey proteins, in particular, support nutrition and immunity, especially for chemotherapy patients. Despite the high cost, animal proteins continue to drive market growth.

Application AnalysisFood and beverages led the protein ingredients market in 2023, capturing over 40.2% of the share. Advances in technology have improved whey protein quality, driving demand for protein-rich functional foods and beverages.

Кеу Маrkеt Рlауеrѕ

DuPont

Fonterra Co-operative Group Limited

Cargill, Incorporated

ADM

Kerry Group plc

Arla Foods amba

BRF Global

International Flavors & Fragrances Inc.

Royal FrieslandCampina NV

Glanbia plc

Solae LLC

Axiom Food Inc.

Davisco Foods International, Inc.

Roquette Freres S.A.

FrieslandCampina DMV B.V

DriversPost-COVID-19, there's been a notable shift towards healthier eating, with a focus on boosting immunity through diet. As people increasingly prioritize health and wellness, the demand for protein-rich foods has surged, reflecting a global trend toward stronger immune systems and healthier lifestyles.

RestraintsGelatin, commonly derived from animal parts like bones and hides, faces restrictions in markets where dietary or religious practices oppose animal products. For example, in Muslim communities and other regions with specific dietary rules, pork-derived gelatin is unacceptable, limiting the market's expansion.

OpportunitiesThe rising interest in dairy and plant-based proteins presents significant growth opportunities. With a shift towards veganism and concerns about sustainability and animal welfare, plant proteins are gaining traction, particularly in regions with dietary restrictions or cultural preferences, such as Islamic nations and parts of India and Nepal.

ChallengesThe use of genetically modified (GM) ingredients in plant-based foods poses health and safety concerns. As regulatory bodies demand clear labeling of GM products, and consumers express worries about potential health risks and residues from weed killers, the market faces challenges related to food quality and consumer trust.

[uptothetrendblogs]

Food Traceability Market Analysis by Size, Share, Growth, Trends (2024-2032)

Introduction:

According to a new report published by UnivDatos Markets Insights, the Food Traceability Market is expected to grow at a CAGR of around 10% from 2022-2028. The analysis has been segmented into Technology type (Radio-Frequency Identification, Barcodes, Infrared, Biometrics, and Global Positioning System); Software (Enterprise Resource Planning, Friction Welding, Laboratory Information Management Software, Warehouse Software, and Others); Application (Fresh Food Produce, Meat, Poultry & Seafood Products, Dairy Products, Beverage Products, and Others); Region/Country.

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The food traceability market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the food traceability market. The food traceability market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the food traceability market at the global and regional levels.

Market Overview

Food traceability is the ability to follow the movement of a food product and its ingredients through all steps in the supply chain, both backward and forward. The rising demand for safe consumables along with the higher complexity of the supply chain of the food industry is attributed to the market growth of the food traceability market. Furthermore, the increasing incidences of food adulteration coupled with the increasing number of food-borne diseases are the main factors for the market growth of the food traceability market.

The increasing food safety issues are expected to drive the global food traceability market at a CAGR of 10%, during the forecast period. The increasing number of foodborne diseases along with the rising incidences of food adulteration is among the important reasons catalyzing the market growth of food traceability.

COVID-19 Impact

COVID-19 has a staggering effect and has a negative impact on the global economy due to imposed lockdowns and government restrictions. The market for food traceable is also affected by the COVID-19 pandemic because of the strict restrictions on the industry, the small-scale industry faced monetary losses and the negative impact of the pandemic on the supply chain is the important reason for the hampered growth of the food traceability market.

The global food traceability market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

·        Based on the technology type, the market has been categorized into radio-frequency identification, barcodes, infrared, biometrics, and global positioning system. Among them, the barcode segment is expected to have significant growth in the market. The bar codes are easy to use and do not require any training to use them. Furthermore, a large information can be stored inside the bar code and helpful in the easy management of the food product.

·        Based on the software, the market has been categorized into enterprise resource planning, friction welding, laboratory information management software, warehouse software, and others. Among them, the enterprise resource planning (ERP) segment is expected to have higher during the forecast period. An ERP allows food traceability and food tracking. It allows the user to track the manufacturing, provides information about the cost as well as helps organizations to analyze the cost of the product, and aids in managing manufacturing processes.

·        Based on the application, the market has been categorized into fresh food produce, meat, poultry & seafood products, dairy products, beverage products, and others. Among them, the fresh food produce category is expected to witness significant growth in the market during the forecast period. This is mainly due to the rising adoption of a healthy lifestyle increased demand for fresh fruits and vegetables. Furthermore, the increasing consumer focus on ethically produced goods is also another reason affecting the market growth of the segment.

Food Traceability Market Geographical Segmentation Includes:

·        North America (United States, Canada, and Rest of North America)

·        Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

·        Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

·        Rest of the World

The Asia Pacific is expected to experience the fastest growth in food traceability market due to the rising awareness about the importance of food quality among the population. Furthermore, the presence of a large population in the region supplemented by the increasing number of the food & beverage industry in the region are the important factors affecting the market size of the food traceability market in the region. 

The major players targeting the market include

·        Honeywell International Inc

·        C.H. Robinson Inc

·        DuPont Nutrition and Biosciences

·        Bio-Rad Laboratories

·        IdentiGEN

·        IBM Corporation

·        Intertek Group

·        Cognex Corporation

·        MASS Group

·        Zebra Technologies.

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Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Food Traceability market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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[reliablemarketsizereports]

Non Alcoholic Malt Beverages Market type, segmentation, growth and forecast 2024-2030

Non Alcoholic Malt Beverages Market

The Non Alcoholic Malt Beverages Market is expected to grow from USD 2.30 Billion in 2022 to USD 5.20 Billion by 2030, at a CAGR of 10.50% during the forecast period.

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Non Alcoholic Malt Beverages Market Size

Non Alcoholic Malt Beverages are drinks that resemble beer, but contain very low or no alcohol content. The global Non Alcoholic Malt Beverages market is divided into segments based on type, application, region, and market players. The types of Non Alcoholic Malt Beverages include dairy-based, carbonated, and soda drinks. The applications of Non Alcoholic Malt Beverages are hypermarkets/supermarkets, convenience stores, specialty stores, and online retails. The regions for the market include North America, Asia Pacific, Middle East, Africa, Australia, and Europe. Some of the key market players in the Non Alcoholic Malt Beverages market are Asahi Breweries, Suntory Holdings, Radeberger Gruppe, Van Pur, Nestle, CHI Ltd, Royal Unibrew, United Dutch Breweries, Aujan Industries, Harboes Bryggeri, Holsten Brauerei AG, Goya Foods, Mecca Grade Estate Malt, Burlinger, Breva, and Brauerei Kaiserdom. The regulatory and legal factors for the market are specific to each country and region and are affected by market conditions.

Non Alcoholic Malt Beverages Market Key Players\

Asahi Breweries

Suntory Holdings

Radeberger Gruppe

Van Pur

Nestle

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Non Alcoholic Malt Beverages Market Segment Analysis

In terms of trends, manufacturers in the Non Alcoholic Malt Beverages market are focusing on developing new and innovative flavors that appeal to a wide range of consumers. The use of natural and organic ingredients is also becoming more prominent, as consumers demand healthier and more environmentally-friendly products. Additionally, companies are investing in marketing and promotion campaigns to increase awareness and educate consumers about the benefits of non-alcoholic malt beverages.

Overall, the report highlights that the Non Alcoholic Malt Beverages market is expected to witness significant growth in the coming years, driven by increasing consumer demand for healthier beverage options and growing awareness about the harmful effects of alcohol consumption. To capitalize on this growth, manufacturers should focus on developing new and innovative flavors, investing in marketing and promotion, and addressing the cost and taste challenges associated with non-alcoholic beverages.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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KEY PRODUCT APPLICATION COVERED

Hypermarkets/Supermarkets

Convenience Stores

Specialty Stores

Online Retails

KEY PRODUCT TYPES COVERED

Dairy-based

Carbonated & Soda Drinks

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[rutujamnm]

Flavors & Fragrances Market worth $37.3 billion by 2026

The report "Flavors & Fragrances Market by Ingredients (Natural, Synthetic), End use (Beverage, Savory & Snacks, Bakery, Dairy Products, Confectionery, Consumer Products, Fine Fragrances), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2026", size of flavors & fragrances is estimated to be USD 29.0 billion in 2021 and is projected to reach USD 37.3 billion by 2026, at a CAGR of 5.1% between 2021 and 2026.

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Flavors and fragrances are compounds used to enhance the characteristics of end-use products in the food & beverage, pharmaceutical, consumer products, and cosmetic industries. Flavors are used in a wide range of products that include bakery, snacks, confectionery, meat, poultry, seafood, and others. Whereas, fragrances are used in perfumes, soaps, shower gels, cosmetics products, air fresheners, dishwashers, surface cleaners, and laundry detergents, among others.

The synthetic ingredient segment accounted for a larger share, in terms of value, in 2020. This is backed by its growing usage in various end-use products. However, natural ingredient is projected to record a higher growth rate between 2021 and 2026.

“Natural ingredient is projected to be the fastest-growing ingredient for flavors and fragrances fiber market between 2021 and 2026”

The demand for natural ingredient is mainly due to its increasing availability and rising awareness among consumers for a healthier lifestyle. Stringent regulations related to the use of synthetic flavors and fragrances and growing awareness among the population about health and wellness are driving the demand for natural ingredients.

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“Bakery & fine fragrances is projected to be the fastest-growing end-use industry in flavor and fragrances market, respectively,  between 2021 and 2026.”

Bakery industry is expected to grow at the highest rate in flavor market during the forecast period. The changing lifestyle, growing working-class population, and rising demand for gluten-free bakery products are the major factors contributing to the growth of the bakery segment. Taste innovations in products such as croissants, scones and cakes are driving the market. Fine fragrances is expected to grow at the highest rate in fragrance market during the forecast period. The rising penetration of research laboratories and innovation Centre for fragrances in the developing countries such as China, India, Thailand, and South Korea is the major reason for the high demand for fine fragrances

“APAC is projected to be the fastest-growing region for the flavors and fragrances market during the forecast period”

APAC was the largest flavors & fragrances market in 2020. The changing lifestyle and high economic growth of emerging economies such as China, India, Vietnam, and Indonesia have fueled the demand for flavors and fragrances in this region. In addition, the rapidly growing food & beverage and cosmetic & homecare industries are fueling the growth of the flavors & fragrances market in the region.

The key market players profiled in the report include Givaudan (Switzerland), Firmenich SA (Switzerland), International Flavors & Fragrances (IFF) (US), Symrise AG (Germany), Takasago (Japan), The Archer Daniels Midland Company (ADM) (US), Sensient Technologies (US), Mane SA (France), Robertet (France), T. Hasegawa (Japan), and Bell Flavors & Fragrances (US).