#Europe Pet Food Supplements Market

[foodandbeverages]

Europe Pet Food Supplements Market 2023 Key Strategies, Historical Analysis, Application, Technology, Trends And Opportunities

The Europe pet food supplements market has witnessed significant growth in recent years. With a rising focus on pet health and wellness, pet owners are increasingly turning to supplements to enhance their furry companions’ nutrition and address specific health concerns. These supplements cater to a range of needs, including joint support, skin and coat health, digestive health, and overall vitality. The market offers a wide variety of products, including vitamins, minerals, probiotics, omega-3 fatty acids, and herbal extracts. As pet owners become more conscious of their pets’ well-being, the demand for pet food supplements is expected to continue its upward trajectory, presenting lucrative opportunities for manufacturers in the industry.

Europe Pet Food Supplements Market increased between 2018 and 2022 at a CAGR of 4.7%. The Europe Pet Food Supplements Market is anticipated to grow at a CAGR of 5.9% from 2023 to 2033.

In 2023, the market for pet food supplements in Europe is projected to be worth US$ 247.8 million. According to Future Market Insights (FMI), it is likely to surpass revenues of US$ 441.6 million by 2033.

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Europe’s pet food supplements market is likely to be driven by factors such as increasing pet ownership, growing awareness of pet health and nutrition, and the humanization of pets.

Pet Food Supplements are products designed to complement pets’ regular diets and provide additional health benefits. Popular supplements include vitamins, minerals probiotics, joint support products, skin and coat supplements, and digestive health aids. These supplements are available in several forms, including tablets, chews, powders, and liquids.

Several key players in the pet food supplements market offer a wide range of supplements for pets in Europe. These include both established pet food companies and specialized supplement manufacturers.

Distribution channels for pet food supplements in Europe typically include pet specialty stores, veterinary clinics, and online retailers. Europe’s pet food supplements market is characterized by increasing product innovation and the introduction of natural and organic options. Pet owners are becoming more conscious about the ingredients and quality of products they purchase. It is leading to a demand for premium and specialized supplements.

Key players in the market include Mars Petcare, Nestle Purina, Hill’s Pet Nutrition, Nutramax Laboratories, and Vetoquinol. They are continually introducing new pet food supplement formulations. It includes functional ingredients, natural and organic options, and personalized products.

Key Takeaways are:

Europe’s pet food supplements market is set to be worth US$ 441.6 million by 2033.

Demand for pet food supplements in Europe is likely to soar at 5.9% CAGR over the forecast period.

Based on nature, the organic pet food supplements segment is anticipated to reach a valuation of US$ 97.4 million by 2033.

By form, the tablets & capsules segment is likely to exhibit a 4.1% CAGR during the projection period.

The United Kingdom is projected to hold a dominant valuation of US$ 113.5 million in the Europe market by 2033.

Germany’s pet food supplements market is likely to top US$ 72.0 million by 2033.

France is estimated to witness a value CAGR of 5.9% during the projection period in the Europe pet food supplement market.

Market by Categorization:

By Nature:

Organic

Conventional

By Form:

Capsules

Chewable

Gel

Liquid

By Pet Type:

Cat

Kitten

Senior

Dog

Puppy

Adult

Senior

By Distribution Channel:

Store-Based Retailing

Hypermarkets/Supermarkets

Convenience Stores

Mom & Pop Stores

Pet Food Stores

Independent Grocery Retailers

Other Retail Formats

Online Retailers

By Country:

Germany

The United Kingdom

France

Italy

Spain

BENELUX

Nordic

Russia

Poland

Rest of Europe

Who is Winning?

Nutramax Laboratories, Pet Naturals of Vermont, NaturVet, Tomlyn, VetriScience, Zesty Paws, VetIQ, MPP, Pro-Sense, Makondo Pets, Gimborne, Paws & Pals, GNC, Purina Pro Plan Veterinary Supplements, Pet-Tabs, Wholistic Pet Organics, Advita, RestoraPet, Marshall Thundering Herd, Infinite Pet, Organic Pet, and Alaska Naturals are key pet food supplements manufacturers listed in the report.

Key manufacturers are developing innovative and high-quality pet food supplements to meet the specific nutritional needs of different pets. They are investing in research and development to introduce new ingredients, formulations, and flavors.

Manufacturers often form partnerships with distributors and retailers to expand their reach and ensure efficient distribution. They are differentiating their products through various factors. These include organic and natural ingredients, specific health benefits, product packaging, and targeted solutions for specific pet age groups and breeds.

For instance,

In September 2022, Perfect Powder is a full nutrient, minerals, and protein mix that supports balanced organic food for dogs of all ages. It was developed by Opal Pets, a top producer of vegan food items for animals. It is now sold online and available throughout Europe.

In July 2021, an ingredient for pet food and feed that is high in antioxidants called NOVASTA was launched in the European market by AstaReal. It is a provider of natural astaxanthin. Astaxanthin is referred to by the manufacturer as “nature’s most potent antioxidant.”

Information Source: https://www.futuremarketinsights.com/reports/europe-pet-food-supplements-market  

[mordorintelligencemarketresearch]

Overview of the Pet Care Industry

The pet care industry has experienced remarkable growth in recent years, driven by a deepening human-animal bond and increasing pet ownership rates. This sector encompasses a wide range of products and services, including pet food, grooming, veterinary care, pet supplies, and accessories. 

Market Size and Growth 

The pet care market is projected to be valued at USD 20.02 billion in 2024 and is anticipated to grow to USD 24.59 billion by 2029, reflecting a compound annual growth rate (CAGR) of 4.20% during this forecast period. The United States remains the largest market, accounting for nearly 40% of global sales, followed by Europe and Asia-Pacific. 

Trends Influencing the Market 

Humanization of Pets: 

Pet owners are increasingly viewing pets as family members, leading to higher spending on premium products and services. This trend has spurred demand for high-quality food, pet clothing, and health supplements. 

Sustainability: 

Environmentally conscious consumers are driving the demand for sustainable and eco-friendly products. Brands focusing on sustainable sourcing and packaging are gaining a competitive edge. 

Technological Advancements: 

Innovations in technology, including telehealth services for pets, smart pet devices, and apps for pet care management, are reshaping the industry landscape. 

Aging Pet Population: 

As pets live longer, there is an increased focus on senior pet care, including specialized diets, supplements, and veterinary services tailored to older animals. 

Challenges 

Despite its growth, the pet care industry faces challenges, such as: 

Regulatory Compliance: Strict regulations regarding pet food safety and veterinary practices require companies to invest in compliance and quality assurance. 

Market Saturation: With numerous brands and products available, differentiation is crucial for success. Companies must innovate to stand out. 

Economic Factors: Economic downturns can affect discretionary spending on pets, pushing consumers toward more budget-friendly options. 

Future Outlook 

The pet care market is poised for continued expansion, driven by emerging trends in consumer behavior and advancements in technology. Companies that prioritize sustainability, innovation, and high-quality products will likely thrive in this dynamic environment. The rise of pet ownership in developing markets also presents significant growth opportunities. 

Conclusion 

The pet care industry is not just about products and services; it reflects a profound connection between humans and their pets. As this bond deepens and pet ownership continues to grow, the industry will evolve, presenting new opportunities and challenges. For businesses looking to enter or expand in this market, understanding consumer trends and adapting to changing demands will be essential for success.    For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence: https://www.mordorintelligence.com/industry-reports/pet-care-market 

[tamanna31]

Omega 3 2024 Industry – Challenges, Drivers, Outlook, Segmentation - Analysis to 2030

Omega 3 Industry Overview

The global omega 3 market size was valued at USD 2.62 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2030.

This is attributable to the rising use of ingredients in the human diet to support brain and heart health. Furthermore, the increasing consumer investment in healthcare and one’s well-being is also expected to boost product demand. The market is witnessing continuous diversification in its product offerings as consumers are looking for alternatives to traditional fish oil. Krill oil is one of the widely used sources of omega-3 due to its superior properties as compared to conventional fish oil. The majority of consumers in Europe and North America prefer krill oil over any other source of fish oil owing to its acid reflux, unpleasant taste, and large-sized pills. Such factors are anticipated to trigger product demand during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Omega 3 Market

The demand for omega-3 fatty acids in the U.S. is projected to grow significantly over the next few years owing to rising consumer awareness in the country regarding the several health benefits offered, including lowering blood pressure and cholesterol and reducing risks related to heart diseases. Moreover, growing consumer preference for a healthy and nutritional diet is further expected to fuel product demand shortly.

Numerous manufacturers present in the U.S., including BioProcess Algae, Martek Biosciences Corporation, and Omega Protein Corporation are focusing on research and development activities for launching pharmaceutical-grade product in the market. Increasing consumption of enhanced medicines to treat and prevent chronic diseases is likely to spur overall consumption in the coming years.

Rising pressure on anchovy fisheries to extract fish oil has increased the demand from non-fish sources, including flaxseed, walnuts, algae, and krill oil. Furthermore, increasing government initiatives to promote the product usage in different end-use applications are projected to positively impact the market demand.

Browse through Grand View Research's Additives & Nutricosmetics Industry Research Reports.

• The global fumaric acid market size was valued at USD 561.5 million in 2023 and is projected to grow at a CAGR of 4.2% from 2024 to 2030.

• The global nisin market size was estimated at USD 502.93 million in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030.

Global Omega 3 Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global omega 3 market report on the basis of type, source, application, and region:

Type Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Docosahexaenoic acid (DHA)

Eicosapentaenoic acid (EPA)

Alpha-linolenic acid (ALA)

Docosapentaenoic acid (DPA)

Others

Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Marine Source

Fish Oil

Algal Oil

Krill Oil

Others

Plant Source

Nuts & Seeds

Vegetable Oils

Soy

Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

Supplements & Functional Foods

Pharmaceuticals

Infant Formula

Animal Feed & Pet Food

Others

Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Spain

Italy

The Netherlands

Norway

Asia Pacific

China

India

Japan

Australia

New Zealand

Central & South America

Brazil

Argentina

Middle East & Africa

UAE

South Africa

Key Companies & Market Share Insights

Growing consumption of the product in various applications coupled with rising awareness regarding health and chronic diseases, and regulations favoring the use of omega-3 in infant formulations has influenced manufacturers to invest in technologies and product development in order to meet consumer demands. The market has been experiencing an increase in the number of new entrants across the value chain owing to the growing profits and huge market potential of manufacturers.

In March 2023, Epax announced an investment of USD 40 million in molecular distillation technology for improving the processing of highly concentrated omega 3.

In May 2023, Nuseed Global introduces Nuseed Nutriterra plant-based oil enriched with omega-3, tailored to meet the needs of the human nutrition and dietary supplement markets.

In addition, key companies such as Aker Biomarine Antarctic AS are focusing on expanding their capacity by introducing new catching vessels to increase their products, which was reflected in the sales of the company in the year 2021. Governments across developing regions are taking several initiatives to support Antarctic Krill fishing by providing research funds and creating innovation alliances, which may trigger industry growth

Key Omega 3 Companies:

Aker Biomarine Antarctic AS

Orkla Health

BASF SE

Omega Protein Corp.

GC Reiber Oils

Lonza

Croda International Plc

EPAX

BioProcess Algae, LLC

Koninklijke DSM N.V.

Order a free sample PDF of the Omega 3 Market Intelligence Study, published by Grand View Research.

[reports2030]

Omega-3 Market Analysis | Report 2023- 2032

The Brainy Insight's Omega-3 Market helps identify strategic marketing objectives and divide mass markets into consumer groups with distinctly defined segments. Market segmentation can improve the efficiency and effectiveness of clients' marketing operations. By using this kind of strategic strategy, the client can increase the performance of their marketing initiatives while lowering the costs associated with advertising to consumers unaware of their products.

The Global Omega-3 Market is expected to rise with an impressive CAGR 6.3% and generate the highest revenue by 2032

A feasibility analysis is conducted before forming the final market segmentation. The client may pinpoint requirements for each market segment when they divide it into groups of comparable customers. The below-mentioned segmentation will help the clients develop a product that has greater appeal to that target market niche if the group is sizable enough. As the market and industry circumstances change, the company needs to alter their strategy.

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Market reports are an excellent technique to document and present their understanding of the Omega-3 Market and their long-term strategy. They make it simple to specify their objectives, choose their target audience, explain how their product fits the market, and comprehend the significant rivals.

The marketing plan for Omega-3 Market is formulated based on an extensive analysis, which accounts for all the factors that may favourably or unfavourably affect the positioning of the client company. This study provides a basis for their marketing strategy and describes a course of action for achieving the client organization's mission, vision, and financial objectives. Additionally, it guarantees that the marketing efforts continue to be tightly related to the overall goals of the Omega-3 Market business.

Read complete report with TOC at: https://www.thebrainyinsights.com/report/omega-3-market-13063

Segment 1:

Global Omega 3 Market by Type:

Eicosapentaenoic Acid (EPA)

Docosahexaenoic Acid (DHA)

Alpha-Linolenic Acid (ALA)

Segment 2:

Global Omega 3 Market by Application:

Infant Formula

Dietary Supplement

Pharmaceutical

Fish Feed

Pet Food

Food & Beverage

Further, the Omega-3 Market ensures that consumers perceive their brand as one of the top players in the industry. The consumer differentiates in the products and services of key industry players, some of them are as follows: BASF SE,DSM,Glanbia Plc.,Lonza Group,SternVitamin GmbH & Co. KG,Farbest Brands,ADM,BTSA Biotechnologias Aplicadas S.L.,Adisse,Golden Omega,Rabar Pty Ltd,Kinomega Biopharm Inc.,Polaris,Sinomega Biotech Engineering Co. Ltd.,Pharma Marine AS,Huatai Biopharm,ALGISYS LLC,Biosearch Life

Consumers can meet their needs with an additional product feature. Marketing segments provide a comprehensive view of the Omega-3 Market. Businesses can monitor their progress and assess whether they accomplish their aims with specific targets. The Omega-3 Market report also ensures that the marketing goals align with the corporate objectives.

Further, the Omega-3 Market report helps the clients to attract fresh leads that can be turned into buyers. The Omega-3 Market report will help the client to achieve this by performing due diligence, creating a focused advertising campaign, or providing a competitive analysis. Thus, the key objective of the Omega-3 Market report is to increase the customer base.

This Omega-3 Market report aims to boost sales and revenue. These goals can be accomplished by introducing a brand-new product, raising prices, or entering new markets in these regions: North America, Europe, Asia Pacific, South America, and Middle East & Africa, and Rest of World

Features of the Omega-3 Market report:

Necessary for the development and introduction of new products

Helps in understanding the client's needs, wants, and expectations will provide a business with a wealth of valuable insights

Provides an efficient method of evaluating marketing mix components, such as new branding and advertising campaigns

Aims to comprehend why geographies act in a particular manner or how they could react to a new good or service.

Interviews and focus groups are frequently utilized to gather qualitative data, which provides a realistic point of view to the customers.

Provides a more straightforward way to analyze data

Numerical information reveals pertinent trends

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The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.

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[industryinsightsandanalysis]

Metallized Film Market is expected to display a steady growth by 2028

According to a new report published by UnivDatos Markets Insights, the Metallized Film Market is expected to grow at a CAGR of around 6% from 2022-2028. The analysis has been segmented into Material (Polypropylene (PP), Polyethylene Terephthalate (PET), and Others); End-User (Packaging, Decorative, and Others); Region/Country.

The metallized film 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 metallized film market. The metallized film 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 metallized film market at the global and regional levels.

Market Overview

Metalized films, commonly referred to as polymer films, are coated with a thin coating of metal, such as copper, aluminum, nickel, or chromium. These films have a shiny metallic appearance and are made by the physical vapor deposition method. These films also increase the shelf-life of the food goods by providing transparency, high tensile strength, insulation from heat and gas, and smell barrier qualities. The main drivers of the global metalized film market are anticipated to be rising end-user demand and expanding food and beverage industry demands. Additionally, the market will expand due to the rising demand for packaging that is consumer-friendly and products that have a longer shelf life.  Furthermore, mergers & acquisitions, and expansions also attributes to the market growth of metalized films. For instance, in February 2020, Jindal Poly Films approved an investment of USD 99.4 million (INR 700 crores) for the expansion of its company’s operations in India, adding a polyester film line and BOPP film line.

The increasing food safety issues are expected to drive the global metalized film market at a CAGR of 6%, during the forecast period. Major companies in the market that offer Metallized Film are Dunmore corporation, Cosmo first ltd, Avery Dennison corp., Sierra coating technologies LLC, Accrued plastic ltd.

COVID-19 Impact

The metalized film market has been negatively impacted by the COVID-19 pandemic. The lockdown is impacting global manufacturing, supply chains, and logistics as the continuity of operations for various sectors is severely impacted. The sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods.

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

·         Based on material, the market is bifurcated into polypropylene (PP), polyethylene terephthalate (PET), and others. The polypropylene (PP) segment is estimated to account for the largest share of the metalized film market. The PP metalized film has a decent oxygen barrier but a weak moisture barrier. This film has been metalized to strengthen its barrier capabilities and the shelf life of packaged goods. 

Metallized Film 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 Metallized Film 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 Metallized Film market in the region. 

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The major players targeting the market include

Dunmore corporation

Cosmo first ltd

Avery Dennison Corp.

Sierra coating technologies LLC

Accrued plastic ltd.

Innovia films ltd.

Taghleef industries group

Jindal poly films limited

Polifilm group

Klöckner Pentaplast Group

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 Metallized Film market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the metallized film market?

• Which factors are influencing the metallized film market over the forecast period?

• What are the global challenges, threats, and risks in the metallized film market?

• Which factors are propelling and restraining the metallized film market?

• What are the demanding global regions of the metallized film market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

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 Edible Films and Coatings Market

 Automotive Wrap Films Market

 Biodegradable Films Market

 Greenhouse Film Market

 Stretch and Shrink Film Market

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[credenceresearchdotblog]

The worldwide methylsulfonylmethane (MSM) market is anticipated to witness a compound annual growth rate (CAGR) of 3.68% between 2023 and 2030. Valued at USD 1,659.0 million in 2022, forecasts predict the market will mature to an estimated USD 2,136.98 million by 2030.Methylsulfonylmethane (MSM) is an organosulfur compound known for its anti-inflammatory and antioxidant properties. It has gained significant attention in various industries, including pharmaceuticals, nutraceuticals, cosmetics, and agriculture, due to its diverse range of applications. The global MSM market has witnessed substantial growth over the past few years, driven by increasing consumer awareness about health and wellness, rising demand for natural and organic products, and the expanding application base of MSM across different industries.

Browse the full report at https://www.credenceresearch.com/report/methylsulfonylmethane-market

Market Overview

The global MSM market has shown steady growth, with an increasing number of consumers recognizing its benefits for joint health, skin care, and overall wellness. The market is primarily driven by the aging population, which is more susceptible to joint-related issues, and the growing interest in natural and alternative therapies. Moreover, the rise in demand for dietary supplements and functional foods has further fueled the market's expansion.

Key Drivers

1. Growing Health and Wellness Trends: With a rising focus on health and wellness, consumers are increasingly turning to natural supplements to maintain their health. MSM, known for its joint pain relief and anti-inflammatory properties, has become a popular choice among those seeking natural remedies for conditions such as osteoarthritis.

2. Increasing Aging Population: The global aging population is one of the significant factors driving the demand for MSM. Older adults are more prone to joint pain and inflammation, making MSM an attractive option for managing these conditions. The compound's ability to improve joint mobility and reduce pain has made it a preferred ingredient in joint health supplements.

3. Rise in Demand for Natural Ingredients in Cosmetics: The cosmetic industry has seen a shift towards natural and organic ingredients, with consumers becoming more conscious of the products they use on their skin. MSM's ability to improve skin elasticity, reduce wrinkles, and promote a healthy complexion has led to its increased use in skincare products.

4. Expanding Application in Animal Health: MSM is not only beneficial for human health but also for animals. It is widely used in veterinary medicine to treat conditions such as arthritis in pets and to enhance the overall well-being of animals. The growing pet care market is expected to contribute to the increasing demand for MSM in the coming years.

Market Challenges

Despite the positive growth trends, the MSM market faces certain challenges. One of the primary challenges is the availability of synthetic substitutes that offer similar benefits at a lower cost. These alternatives can potentially limit the growth of the MSM market, particularly in price-sensitive regions. Additionally, the lack of awareness about MSM in developing regions may hinder market expansion.

Another challenge is the stringent regulatory environment governing the production and sale of dietary supplements and nutraceuticals. Manufacturers need to comply with various regulations and quality standards, which can increase the production costs and impact market growth.

Regional Analysis

The MSM market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America currently dominates the market, driven by the high demand for dietary supplements and the presence of a large aging population. The region's well-established healthcare infrastructure and high consumer awareness further support market growth.

Europe is another significant market for MSM, with the increasing trend of using natural and organic products in cosmetics and personal care. The Asia-Pacific region is expected to witness the fastest growth during the forecast period, attributed to the rising health consciousness, increasing disposable income, and growing awareness about the benefits of MSM.

Competitive Landscape

The MSM market is highly competitive, with several key players actively involved in product innovation, research, and development. Major companies operating in the market include Bergstrom Nutrition, Inc., Hubei Xingfa Chemicals Group Co., Ltd., and Panvo Organics Pvt. Ltd. These companies are focusing on expanding their product portfolios and enhancing their production capabilities to meet the growing demand.

Future Outlook

The future of the MSM market looks promising, with increasing consumer inclination towards natural and organic products, coupled with the rising demand for dietary supplements and functional foods. Innovations in product formulations and the expanding application base of MSM across various industries are expected to create new growth opportunities for market players. However, companies need to address the challenges related to synthetic substitutes and regulatory compliance to fully capitalize on the market's potential.

Key Players:

OptiMSM

KALA Health

Bergstrom Nutrition

VitaFlex

Makana Produktion und Vertrieb GmbH

Segmentation Analysis

Food and Beverage

Pharmaceutical and dietary supplements

Cosmetics and Personal Care

Animal Feed

Other Industries (Agriculture, Urban Waste Handling, etc.)

Based on geographical distribution, the global methylsulfonylmethane market is segmented into the following categories:

North America

The U.S.

Canada

Europe

Germany

France

The U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East and Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

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[supriyab]

Carotenoids Market to Record Steady Growth by 2029

The global carotenoids market is estimated at USD 2.5 billion in 2024 and is projected to reach USD 3.4 billion by 2029, at a CAGR of 6.3% from 2024 to 2029. Carotenoids offer numerous health benefits, primarily due to their antioxidant properties. These compounds play a crucial role in preventing chronic diseases and promoting overall health. Consequently, there's a growing demand for carotenoids in supplements and pharmaceuticals, where they are utilized for their therapeutic potential. Moreover, the shift towards natural ingredients in the food and beverage industry has boosted the use of carotenoids as natural colorants. This trend aligns with consumer preferences for healthier and more natural products, further driving market growth. Furthermore, carotenoids find applications beyond the food and beverage sector. They are utilized in cosmetics for their skin-enhancing properties, in animal feed to improve animal health and product quality, and in pharmaceuticals for various purposes. This diverse range of applications broadens the market presence of carotenoids and contributes to their continued growth and importance in various industries.

Carotenoids Market Opportunities: Increased opportunity for expansion into high-growth potential markets, including developing countries in the Asia Pacific and South America regions

Currently, Europe is poised to lead the carotenoids market, yet the Asia Pacific region anticipates sustained demand growth due to expanding markets for dietary supplements and food and beverages. Increasing awareness of carotenoids' benefits is expected to fuel demand in Asia Pacific and South America. Additionally, the burgeoning animal feed segment in Asia Pacific is projected to drive market expansion. According to the 2024 Alltech report, Latin America has demonstrated consistent growth over the past decade, driven by robust monogastric exports and expanding aqua and pet markets. With China, India, and Japan among the top feed-producing countries, the region's accelerating use of carotenoids in animal feed is forecasted to propel overall market growth.

Carotenoids Market Challenge: Challenges in achieving the necessary quality standards.

The prevalence of adulteration poses a significant challenge to maintaining carotenoid quality, endangering animals, humans, and the environment. Adulterated carotenoids, increasingly found in North America, can be hazardous, even fatal, when consumed excessively. Synthetic astaxanthin, prevalent in the US market, is typically derived from petrochemicals or genetically modified yeast, posing health risks. To counter this, manufacturers are shifting towards natural sources for carotenoid production, yet the limited adoption of natural alternatives may impede overall market growth. Moreover, heightened competition, particularly in burgeoning Asian Pacific and South American markets, has led to an influx of smaller regional players, potentially compromising carotenoid quality.

In the application segment, food & beverage segment is expected to grow at highest CAGR during the forecast period.

The food and beverage segment in the carotenoid market is witnessing the highest growth rate due to several key drivers. Firstly, increasing consumer demand for natural and healthy food additives drives the incorporation of carotenoids as natural colorants and functional ingredients. Secondly, growing awareness of the health benefits associated with carotenoids, such as antioxidant properties and potential disease prevention, fuels their utilization in a wide range of food and beverage products. Additionally, the rise in innovative product development and the introduction of clean-label products further stimulate market growth in this segment, catering to evolving consumer preferences for natural and nutritious food options.

Top Companies in the Carotenoids Market

Key players within this market consist of reputable and financially robust Carotenoids manufacturers. These entities boast extensive industry tenure, offering diversified product portfolios, cutting-edge technologies, and robust global sales and marketing networks. Prominent companies in this market are DSM (Netherlands), BASF SE (Germany), Cyanotech Corporation (US), Givaudan (Switzerland), ADM (US), NHU (China), Divi's Laboratories Limited (India), Allied Biotech Corporation (Taiwan), Lycored (US), Kemin Industries, Inc. (US), Fuji Chemical Industries Co., Ltd. (Japan), EW Nutrition (Germany), Döhler GmbH (Germany), ExcelVite (Malaysia) and Farbest Brands (US).

Carotenoids Market Recent Developments

In March, 2023, ADM (US) revealed the signing of a joint venture agreement with Marel (Netherlands), a leading provider of cutting-edge food processing solutions. This partnership aimed to establish an innovation center at the prestigious Wageningen Campus in the Netherlands, renowned as the epicenter of the nation's food valley. Tailored to foster collaboration among food manufacturers, food scientists, extrusion specialists, and culinary professionals, this strategic initiative is poised to bolster ADM's market expansion efforts and facilitate research and development in its carotenoid segments.

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Choline Chloride Market - Forecast(2024 - 2030)

Choline Chloride Market Overview

Choline Chloride Market size is forecast to reach $1.1 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function. It is very essential for growing animal and its feed intake helps in preventing perosis, conditions like fatty liver syndrome, etc. Apart from animal feed additive, Choline Chloride Market also finds application in human nutrition and as a clay stabilizer in oil and gas industry. One of the major factors driving growth in the Choline Chloride Market is increasing consumption of poultry meat and egg.

Report Coverage

The report: “Choline Chloride Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Choline Chloride Market Industry.

By Grade: 50%, 75%, 70%, 60%, and 98%.

By Form: Powder and Liquid.

By End-User Industry: Animal Feed, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals and Others.

By Geography: North America, South America, Europe, APAC, and RoW

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Key Takeaways

New product developments and increasing investments in research and development of choline chloride are expected to drive the growth of this market.

Among end users, oil & gas segment is projected to lead the Choline Chloride Market during the forecast period.

Asia Pacific dominated the Choline Chloride Market.

By Grade - Segment Analysis

70% segment held a significant share in Choline Chloride Market in 2019. Choline chloride 70% is primarily available in the form of a colorless to amber colored viscous liquid or a tan colored powder with a characteristic odor containing 70% choline chloride active substance by weight. Choline chloride 70% finds widespread adoption in the oil & gas sector as an ideal substitute for potassium chloride owing to its greater performance in clay stabilization, compatibility with drilling muds and safe environmental profile. The product is also widely used as a feed additive for calves, crustaceans, fish, poultry, pigs and pet food pertaining to its ability to prevent fatty liver, improved muscle control and growth performance.

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By Form - Segment Analysis

Liquid segment held a significant share in Choline Chloride Market in 2019. Liquid choline chloride is a colorless, odorless, clear substance which is soluble in water, non-corrosive and non-toxic in nature. The product is extensive adopted in the poultry feed industry on account of its ability to enhance growth & performance, nutrient utilization, fat metabolism and improves reproductive ability in animals. The product helps prevent health disorders such as liver enlargement and leg deformity, also called perosis in chicks. Choline supplementation helps enhance weight gain in broilers and plays an essential role in the formation of egg yolk in layer chickens.

By End-User Industry - Segment Analysis

Oil & Gas segment held a significant share in Choline Chloride Market in 2019 growing at a CAGR of XX% during the forecast period. Choline chloride serves as an excellent clay stabilizer which ensures cost effectiveness and enhances production rates in the oil & gas sector. Choline chloride helps tackle various challenges which arise during oil drilling operations such as permeability reduction, fines migration and wellbore instability. The product’s biodegradable nature makes it an environment-friendly substitute for conventional clay stabilizers. Choline chloride is ideal for mixed layer, illite and smectite clay minerals & is highly compatible with conventional fracturing fluids and cross-linkers. Growing energy demand from the domestic & industrial sectors, rising exploration of natural gas resources and technological advancement should drive the oil & gas industry and stimulate the Choline Chloride Market.

Geography- Segment Analysis

Asia Pacific dominated the Choline Chloride Market with a share of more than XX%, followed by North America and Europe.  This region has the largest consumer base for choline chloride, specifically China, due to the increased demand for poultry meat. Choline chloride improves the feed conversion rate and enhances weight gain in pigs. Moreover, consumers in the U.S. & Canada increasingly prefer bacon-based breakfast options over pancakes on account of rising trend to experience new products and changing palates. Rising consumer preference for Vietnamese & Korean cuisines and increasing trend of dining at fast-food restaurants is expected to drive bacon consumption and accelerate the Choline Chloride Market sales.

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Drivers – Choline Chloride Market

High Demand from Animal Feed Industry 

Choline chloride is extensively consumed in the end-user segment like animal feed because of the growing demand for egg, high yield meat, etc. It is used as an essential feed additive amongst animal species, particularly chickens. It is also known as vitamin B4 and is an organic compound. Choline chloride is related to metabolism and it acts as a methyl donor. It helps in building and maintaining cell structure and functioning. It is used as a feed additive for growing poultry animals. Its benefits include prevention of perosis, a condition in animals like fatty liver syndrome, etc. In 2019, poultry meat consumption across the globe was about 128 million tons and is forecasted to reach about 135 million tons by 2025. All the aforementioned factors are expected to drive the Choline Chloride Market from the animal feed industry during the forecast period.

Challenges – Choline Chloride Market

Health Effects

Owing to hazardous effects related to human health such as vomiting, diarrhea, gastro intestinal distress and inhalation problems etc. during its preparation, the use of Choline Chloride has been regulated and restrained by health and safety management authorities for end user applications. Furthermore, fluctuation in raw material costs is another key factor which is expected to act as an impediment for the growth of Choline Chloride Market over the forecast period.  Moreover, lack of consumer awareness about the nutritional value of choline is expected to slow down the growth of choline chloride.

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Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Choline Chloride Market. In 2019, the market of choline chloride has been consolidated by the top five players accounting for xx% of the share. Major players in the Choline Chloride Market are Balchem Corporation, Taminco, BASF SE, Algry Química, Havay Chemical Company, NB Group Co., Ltd, and Jubilant Life Science among others.

Product Launch/ Partnership

In October 2019, global food & feed ingredient manufacturer Kemin Industries launched a new product range CholiGEM which caters to the health & nutrition requirements of ruminants. This is an innovative feed ingredient which offers a greater concentration of choline chloride as compared to conventional animal feed products. This product launch provides a competitive advantage to Kemin Industries and allows it to meet growing demand for animal feed additives for improved liver function. 

In November 2017, global chemicals manufacturer BASF entered into a strategic partnership with Indian pharmaceuticals company Vital Therapeutics. This partnership entails the launch of a new choline chloride product Vitachol which caters to poultry feed manufacturers in India and South Asia. 

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Nutritional Premixes Market - Forecast(2024 - 2030)

Nutritional Premixes Market Overview

The Nutritional Premixes Market is estimated to reach $2,849.5 million by 2027, growing at a CAGR of 6.9% over the forecast period 2022-2027. A Nutritional Premix is a specially formulated commercial mixture in which each nutrient component has been precisely proportioned and blended into a premix. Nutritional components like vitamins, minerals, nucleotides, amino acids and others are included in premixes for fortification. The main purpose of nutritional premixes is to increase the nutritious value of end products. In the food and beverage industry, nutritional premixes are progressively becoming one of the most significant ingredients. In addition to food and drinks, nutritional premixes have been widely used in a range of other applications, including animal feed, nutraceuticals, dietary supplements and others. The rising incidence of chronic diseases and rising healthcare costs have led to an increase in the usage of dietary supplements, which has raised the demand for Nutritional Premixes.

👉 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Nutritional Premixes Market Report Coverage

The report: “Nutritional Premixes Market – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Nutritional Premixes Market.

By Functionality: Bone Health, Beauty, Resistance, Energy, Immunity, Digestion and Others. By Form: Powder and Liquid. By Type: Vitamins, Minerals, Nucleotides, Amino Acids, Antibiotics, Fibres and Others. By Manufacturer: In-house and Contract. By Category: Custom and Pre-formulated. By Application: Infant Nutrition, Clinical Nutrition, Beverages, Dairy Products, Bakery & Confectionery, Nutraceutical Supplements, Dietary Products, Sports Nutrition, Pet Food and Others By Geography: North America (the U.S., Canada and Mexico), Europe (the UK, Germany, France, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia and New Zealand and the Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Takeaways

Increased healthcare costs, rising life expectancy and the desire of older people for a higher quality of life in their later years are the primary factors driving the growth of this market.

The requirement for nutrient-dense foods among consumers and the rising case of malnutrition are two factors driving the growth of the Nutritional Premixes market over the forecast period.

The market for Nutritional Premixes is experiencing increased demand due to two additional key factors: rising food fortification and infant feeding products.

A detailed analysis of strengths, weaknesses, opportunities and threats would be provided in the Nutritional Premixes Market Report.

Nutritional Premixes Market Segment Analysis – by Form

Based on Form, the Nutritional Premixes Market is further segmented into Powder and Liquid. The Powder segment held the largest revenue share of the market in 2021. This is primarily because of its ease of use and storage convenience. The sale of nutritional premixes in powder form would continue to result in much higher earnings than the sale of nutritional premixes in liquid form. Additionally, the amount of fortified flour consumed globally has slightly increased, reaching about 32,000 metric tonnes, according to the Food Fortification Initiative (FFI) study from 2021. This is promoting the market's expansion.

However, the Liquid segment is estimated to grow at a CAGR of 6.1% over the forecast period 2022-2027 since liquid-based premixes are very simple to combine with any other easily accessible liquids, such as milk or juices. As liquid nutritional premixes are easy to use and store and have a high nutritional content, companies that make them are anticipated to grow significantly as a result of the ready-to-drink concept.

Nutritional Premixes Market Segment Analysis – by Type

Based on Type, the Nutritional Premixes Market is further segmented into Vitamins, Minerals, Nucleotides, Amino Acids, Antibiotics, Fibres and Others. The Vitamins segment held the largest revenue market share in 2021. This is primarily because of the increased vitamin deficiency across the globe. The majority of medical professionals have identified vitamin deficiency as their top health concern. For instance, according to Biostation study from 2020, almost 80% of Americans lack vitamin E, while 90% of Americans of color lack vitamin D. However, the Minerals segment is anticipated to grow at the fastest CAGR of 8.3% over the forecast period 2022-2027 due to the increased mineral deficiency in women and children.

Nutritional Premixes Market Segment Analysis – by Geography

Based on Geography, the North America Nutritional Premixes Market accounted for 36% of the revenue share in 2021. It was due to the high prevalence of chronic diseases and the high demand for nutrition-rich food products in this region. The region has been witnessing an extensive demand for products that are actively fortified with daily nutritional needs - both for human nutrition as well as animal nutrition. As per Nutrition Business Journal (2021), supplement sales in the U.S. grew by 14.5% in 2020 from 2019. However, the Asia-Pacific region is estimated to grow at the fastest CAGR during the forecast period 2022-2027. This is because of the rising per capita disposable income, increasing consumption of nutritious foods and dietary supplements, as well as growing health consciousness. The need for fortified staple food products increased dramatically as a result of the COVID-19 outbreak in the region, particularly in Southeast Asian nations.

[tritonmarketresearchamey]

Pet Food Market | A Sustainable Shift in Natural Nutrition

Research from Mars Petcare reveals that around 57% of pet owners in the UK are open to switching to plant-based pet food. Thus, opportunities thrive for functional ingredients like proteins, vitamins, and prebiotics as health-benefiting premium foods. Emphasizing this uptrend, the Global Pet Food Market, analyzed by Triton Market Research, is forecasted to grow at a CAGR of 8.12% during the period 2024-2032.

Additionally, localized production facilities help counter sizable logistics costs and import barriers, given the emerging market demand. With global pet numbers set for a definite rise, the demand for pet food is inevitable. Hence, the market is witnessing a significant shift towards sustainability to reduce the environmental impact by avoiding animal-based pet food.

Pet Food Market: Environmental Concerns Lead to Insect Protein Adoption

While meeting advanced nutritional requirements, pet food also needs to reduce its environmental footprint for future sustainability. Various studies estimate that pet food products derived from conventional meat sources generate higher greenhouse gas emissions compared to alternate proteins.

As per the USDA study on pet food emissions, beef protein in dog food is associated with almost 50 times more production emissions than plant-based protein sources. Specifically looking at methane and CO2 emissions per kg of usable protein, beef clocks in at over 50 CO2-equivalent kg, poultry around 9 kg, whereas plant proteins like peas and corn range from just 0.3-1.7 kg.

Moreover, insects such as black soldier fly larvae record under 2 kg emissions, along with boasting feed conversion efficiency 10 times higher compared to cattle. Their pre-pupae stage composition profile matches chicken meals typically used in pet foods.

Additionally, Insect protein from black soldier fly larvae also gains strong traction as an environment-friendly alternative protein replicate of traditional meat. Thus, multiple startups and VC funds entered this arena recently, looking to commercialize greener pet food solutions.

Pet Food Brands Aim for Pet Health Through Nutrition

Expanding urbanization and nuclear families influence greater pet adoption. With pets considered as family, owners increasingly seek diets that reflect nutritional standards similar to humans. This awareness of health, taste, and a balanced pet diet fuels the growth of the studied market.

Plant-based nutrients sourced from origins like quinoa, chickpeas, peas, seaweed, and lentils supplemented with amino acid additions emerge as sustainable alternatives to regular meat diets. In this regard, Mars Petcare acquired Italian plant-based pet food maker Verso Food in July 2022 to augment its capabilities.

Nestlé Purina also accelerated new product development by 75% between 2020-2022, targeting veterinary and therapeutic segments. It innovated several pet food products to provide a combination of natural prebiotic fiber, high-quality ingredients, live probiotics, etc. Their products offer several benefits along with supporting digestive health and nourishing skin for cats and dogs, respectievly.

Localization Counters Logistics Barriers

The leading pet food manufacturers are establishing localized production facilities within the developing world to target regional markets. High freight costs and substantial import duties levied earlier had posed significant barriers, capping accessibility of higher-priced imported pet foods.

Nestlé Purina provides a model case in point where 20% of its total global sales now come from developing and emerging geographic markets. It has a dedicated network of eight local pet food plants in Asia. It registered double-digit growth across Latin America and Eastern Europe markets, too.

Sustainable Way Ahead

With the global pet population estimated to surpass 1 billion by 2030, continued investments in localizing production and supply chains hold similar growth potential for established leaders and new entrants. Moreover, across regions like Asia-Pacific, Latin America and Eastern Europe, price-sensitive buyers prefer cost-effective products. Thus, local factories in these countries allow for affordably priced products catering specifically to regional volume market and middle-class demographic segments. This further enables customizing pet food options aligning with regional preferences.

FAQs

Q.1) How is the rise of e-commerce impacting the distribution of pet food?

E-commerce is transforming the distribution landscape by offering convenience, a wider product selection, and direct-to-consumer sales channels for pet food manufacturers.

Q.2) What are the opportunities for innovation and sustainability in the global pet food market?

Opportunities include developing eco-friendly packaging, introducing novel ingredients, leveraging advanced manufacturing technologies, and addressing pet-specific health concerns through innovative formulations.

[priyanshisingh]

Fructooligosaccharides (FOS) Market Forecast and Analysis Report (2023-2032)

The global demand for Fructooligosaccharides (FOS) was valued at USD 2815.2 Million in 2023 and is expected to reach USD 7498.6 Million in 2032, growing at a CAGR of 11.50% between 2024 and 2032.

The Fructooligosaccharides (FOS) market is experiencing significant growth due to increasing consumer awareness of the health benefits associated with prebiotics. FOS, a type of oligosaccharide naturally found in many plants, is widely recognized for its prebiotic properties that promote gut health by stimulating the growth of beneficial bacteria. The demand for FOS is driven by the rising popularity of functional foods and dietary supplements that aim to improve digestive health. This market expansion is further fueled by the growing incidence of digestive disorders and the global trend towards healthier eating habits. Food and beverage manufacturers are increasingly incorporating FOS into products such as yogurts, beverages, and snack bars, capitalizing on its ability to enhance flavor and texture while providing health benefits. Additionally, the cosmetic industry is exploring the use of FOS for its moisturizing and skin health benefits.

North America and Europe are the leading markets for FOS, driven by high consumer awareness and robust healthcare infrastructure, while the Asia-Pacific region is rapidly emerging as a lucrative market due to rising health consciousness and increasing disposable incomes. Regulatory support and scientific endorsements from health authorities also play a critical role in market growth, ensuring the safety and efficacy of FOS. Overall, the FOS market is poised for continued expansion, supported by ongoing research, product innovation, and a growing emphasis on preventive healthcare.

Foods high in fructooligosaccharides (FOS) include:

Chicory Root: One of the richest natural sources of FOS, often used as a coffee substitute or dietary supplement.

Jerusalem Artichokes: Also known as sunchokes, they are particularly high in FOS.

Garlic: Contains a significant amount of FOS, adding both flavor and prebiotic benefits.

Onions: A common kitchen staple that provides a good amount of FOS.

Leeks: Particularly the bulb and lower leaf portion are rich in FOS.

Asparagus: Offers FOS along with a host of other vitamins and minerals.

Bananas: Especially when they are slightly under-ripe.

Wheat Bran: Often used in cereals and baking, it is a good source of FOS.

Yacon Root: A less common but excellent source of FOS, often found in South American diets.

Fructooligosaccharides (FOS) Market Competitive Analysis:

2. Product Differentiation

Competition in the FOS market is driven by product differentiation, with companies focusing on various factors to stand out:

Purity and Concentration: Higher purity and concentration levels of FOS are preferred by manufacturers as they enhance product efficacy and reduce the required dosage.

Source and Extraction Methods: Companies differentiate based on the natural sources of FOS, such as chicory root or Jerusalem artichoke, and the methods used for extraction, emphasizing natural and sustainable processes.

Functional Benefits: Some companies highlight additional functional benefits of their FOS products, such as improved taste, texture, and compatibility with various food and beverage formulations.

3. Innovation and R&D

Continuous innovation and investment in R&D are crucial for maintaining a competitive edge in the FOS market. Leading companies are actively engaged in:

Developing New Applications: Expanding the use of FOS beyond traditional food and beverage products into dietary supplements, pet food, and cosmetics.

Enhancing Health Claims: Conducting scientific research to substantiate health claims related to FOS, such as improved digestive health, enhanced immune function, and support for weight management.

Improving Production Processes: Innovating extraction and production techniques to increase yield, reduce costs, and enhance the quality of FOS.

4. Marketing and Branding Strategies

Effective marketing and branding strategies play a pivotal role in competitive positioning:

Health and Wellness Messaging: Emphasizing the health benefits of FOS, particularly its prebiotic properties, to attract health-conscious consumers.

Sustainability and Natural Sourcing: Highlighting the natural and sustainable sourcing of FOS to appeal to environmentally conscious consumers.

Consumer Education: Investing in consumer education campaigns to raise awareness about the benefits of FOS and how it can be incorporated into daily diets.

5. Geographical Presence and Expansion

Geographical presence and market expansion strategies are critical for competitive advantage:

North America and Europe: These regions are key markets due to high consumer awareness and demand for health-focused products. Companies are expanding their presence through strategic partnerships and collaborations.

Asia-Pacific and Latin America: Emerging markets with rising disposable incomes and growing health awareness present significant growth opportunities. Companies are investing in expanding their distribution networks and local production capabilities in these regions.

6. Regulatory Compliance and Approvals

Compliance with regulatory standards and obtaining approvals for health claims are essential for market competitiveness:

FDA and EFSA Approvals: Obtaining approvals from regulatory bodies like the FDA (Food and Drug Administration) in the United States and EFSA (European Food Safety Authority) in Europe can enhance market credibility and consumer trust.

Adherence to Safety Standards: Ensuring that FOS products meet safety and quality standards is crucial for maintaining market position and avoiding regulatory setbacks.

Key Players-

Beneo

Biosynth

Cargill Incorporated

Galam

Ingredion

Meiji Holdings Co., Ltd.

Tata Chemicals Ltd.

Tereos Group

Südzucker AG (BENEO)

Baolingbao Biological Co., Ltd.

More About Report- https://www.credenceresearch.com/report/fructooligosaccharides-fos-market

Fructooligosaccharides (FOS) Market Growth Opportunities:

Increasing Health Consciousness: With a growing global focus on health and wellness, consumers are increasingly seeking products that support digestive health. The awareness of prebiotics like FOS and their benefits in promoting gut health, enhancing immune function, and improving overall well-being is driving demand. This trend provides significant opportunities for food and beverage manufacturers to develop and market FOS-enriched products.

Functional Foods and Beverages: The expanding market for functional foods and beverages offers a substantial growth opportunity for FOS. Manufacturers are incorporating FOS into a wide range of products, including yogurts, cereals, energy bars, and beverages, to attract health-conscious consumers. The versatility of FOS in improving texture and taste while providing health benefits makes it an attractive ingredient for innovative product formulations.

Dietary Supplements: The dietary supplements market is another promising area for FOS. As consumers increasingly turn to supplements to address specific health concerns, FOS-based supplements can cater to those looking for natural ways to enhance their digestive health and support the growth of beneficial gut bacteria. The aging population, in particular, presents a key demographic driving demand for these supplements.

Cosmetics and Personal Care Products: There is an emerging opportunity for FOS in the cosmetics and personal care industry. FOS is being explored for its skin health benefits, including moisturizing properties and the ability to support a healthy skin microbiome. Incorporating FOS into skincare products such as creams, lotions, and serums can appeal to consumers seeking natural and effective skincare solutions.

Pet Food Industry: The pet food industry represents a growing market for FOS. As pet owners become more attentive to their pets' health and nutrition, there is a rising demand for pet foods that include functional ingredients like FOS to support digestive health. This trend opens up new avenues for manufacturers to develop FOS-enriched pet food products.

Research and Development: Continued investment in research and development can uncover new applications and benefits of FOS, driving further market growth. Innovations in extraction and production techniques can also make FOS more accessible and cost-effective, enhancing its appeal to manufacturers and consumers alike.

Regulatory Approvals and Health Claims: Obtaining regulatory approvals and substantiating health claims through scientific research can boost consumer confidence and market adoption of FOS. Clear and approved health claims on product labels can significantly enhance the marketability of FOS-enriched products, encouraging wider use across various food and beverage categories.

Emerging Markets: Developing regions, particularly in Asia-Pacific and Latin America, present significant growth opportunities for the FOS market. Rising disposable incomes, increasing health awareness, and the expansion of modern retail channels in these regions are driving the demand for health-focused food products, including those enriched with FOS.

Collaborations and Partnerships: Strategic collaborations and partnerships between FOS manufacturers, food and beverage companies, and research institutions can foster innovation and accelerate market growth. Joint efforts in product development, marketing, and distribution can enhance the reach and impact of FOS-based products.

Sustainability and Natural Products: As consumers increasingly prioritize sustainability and natural products, the demand for plant-based and naturally derived ingredients like FOS is rising. Companies that emphasize the natural and sustainable sourcing of FOS can attract environmentally conscious consumers, further driving market growth.

Segmentation

By Form:

Liquid FOS

Powder FOS

By Source:

Inulin-Based FOS

Sucrose-Based FOS

By Application:

Food and Beverages

Animal Feed

Pharmaceuticals

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[foodandbeverages]

Fishmeal & Fish Oil Market Segmentation Application, Technology & Market Analysis Research Report To 2033

The fishmeal and fish oil market is anticipated to reach a value of US$ 7.4 billion in 2023 and US$ 13.0 billion in 2033. During the projection period, fishmeal and fish oil sales are anticipated to expand at a substantial CAGR of 5.8%.

The production of fishmeal and fish oil is expected to increase moderately in the coming years as a result of improved by-product utilization and a growing aquaculture industry.

According to the OECD, aquaculture's contribution to global fish culture will continue to grow and will surpass that of fisheries by 2024. Aquaculture production is expected to reach 105 million tons by 2029, ten million tons more than the capture sector.

As feed demand has increased in tandem with increased aquaculture production, the inclusion of fish meal and fish oil in feed recipes has clearly declined, and has been partially replaced by vegetable substitutes such as soymeal and rapeseed oil.

Due to their scarcity, fishmeal and fish oil will be employed more frequently as strategic ingredients at lower percentages and for particular production stages.

The development and dynamics of the markets for fish oil and fishmeal on a worldwide scale can be influenced by a variety of variables. Included in them are extrinsic variables like the weather and environment, fishery management, trade policies, etc.

Information Source: https://www.futuremarketinsights.com/reports/fishmeal-and-fish-oil-market

Key Takeaways from the Fishmeal & Fish Oil Market

The fishmeal and fish oil market were dominated by salmon and trout and is expected to grow at a CAGR of 5.6% by 2033. This is because salmon oil is high in the omega-3 fats DHA and EPA. Consuming omega-3 fatty acids from salmon oil has been linked to a number of health benefits.

Pharmaceutical sector will register a growth of 5.4% and lead the application segment. Pharmaceutical industry will be highly benefitted from the fish oil and fish feed market owing to growing trend of fish-based supplementation and high adoptability of fish by-products in medical sector.

The U.S. to contribute a whooping US$ 4.6 billion by 2033 in the global market. Favorable policies and the thriving marine industry are the key reason driving the market in the region.

The U.K. is witnessing a growth of 4.9% in the fish oil and fish feed market. The growing concern and awareness on animal nutrition and well being is the key factor behind this significant growth of the region.

China is the most lucrative region among all growing at an astonishing rate of 5.2%. China is the top consumer of fish and fish products among other regions. Growing awareness on cardiac issues is promoting the adoption of fish oil among population.

Asia Pacific is likely to be the dominant region for the market till the end of the forecast period.

Latest Developments

In April 2022, Evolve Supplements initiated its online store for aiding in the buying process for consumers.

In April 2022, Trident Seafoods came out with its Omega 3 food for dogs. They forayed into the pet food market with this initiative.

Key Segments Fish meal & Fish Oil Market

Source:

Salmon & Trout

Marine Fish

Crustaceans

Tilapia

Carps

Application:

Aquaculture & Aquatic Feeds

Land Animal Feeds and Livestock

Agriculture and Fertilizers

Pharmaceuticals

Dietary Supplements

By Region:

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific excluding Japan (APEJ)

Japan

The Middle East & Africa (MEA)

[techninja]

Unlocking Sustainability: The Rise of Upcycled Animal Feed Market

The upcycled animal feed market is poised to revolutionize the way we approach animal nutrition, offering a sustainable solution to the challenges faced by the animal feed industry. With the global sustainable animal feed market projected to reach US$ 58.03 Billion by 2030, this trend is expected to have a significant impact on the industry's growth and development.

Challenges and Opportunities

The upcycled animal feed industry faces several challenges, including the rising cost of animal feed, the absence of regulations and standards associated with feed sustainability, and the scarcity of knowledge related to animal sustainability. However, upcycling food waste to animal feed presents an opportunity to provide a non-competing, locally-based nutritional resource with a low environmental impact. This approach can significantly contribute to achieving food security and sustainability.

Market Growth and Trends

The global sustainable animal feed market is valued at US$ 10.57 Billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 21.2% during the forecast period of 2022-2030. The market is driven by several factors, including the surging demands for animal products, growing animal health consciousness among consumers, changing feed preferences by pet owners, high demand from livestock animal segments, increasing awareness regarding the health benefits of algae-based ingredients in animal feed, adoption of new science and technologies, and growing environmental safety concerns such as the carbon footprint of animal products.

Regional Analysis

Geographically, Europe and Asia Pacific regions are expected to witness significant growth over the forecast period due to the rising awareness among pet owners and livestock owners regarding the health benefits of animal proteins and the growing demand for animal feed. The North America upcycled ingredients market accounts for the largest market share, driven by an increasing demand for organic products and the presence of several key players in the upcycled ingredient market.

Benefits and Future Outlook

Upcycled animal feed offers several benefits, including reduced environmental impact, lower costs, and improved animal health. The industry's focus on fulfilling user demand for security and resilience by increasing new developments in feed additives and supplements in animal nutrition during manufacturing of animal feed is expected to drive growth. The future of animal feed is likely to be shaped by advances in raw materials, potentially changing the overall approach to feed formulation.

Conclusion

The upcycled animal feed market presents a significant opportunity for the animal feed industry to transition towards a more sustainable future. With its potential to reduce environmental impact, lower costs, and improve animal health, this trend is expected to have a lasting impact on the industry's growth and development. As the market continues to evolve, it is essential to address the challenges and opportunities presented by upcycling food waste to animal feed, ensuring a sustainable and resilient future for the industry.

[animal-care]

Exploring the Animal Feed Market Share, Challenges, and Major Players

Introduction

The Animal Feed Industry plays a crucial role in supporting global livestock production by providing essential nutrition to animals. This article delves into the dynamics of the animal feed market, including market research reports, additives, market share, market size, global market size, growth, and challenges.

Animal Feed Market Research Reports

Market research reports provide valuable insights into the animal feed industry, offering comprehensive analyses of market trends, growth projections, and competitive landscapes. According to recent reports, the global animal feed market was valued at USD 460 billion in 2020, with a projected CAGR of 4.5% from 2021 to 2028.

Animal Feed Additives Market

The animal feed additives market is an integral component of the overall animal feed industry, encompassing a wide range of nutritional supplements, preservatives, and performance enhancers. With the increasing demand for specialized feed formulations to meet the nutritional requirements of livestock, the market for feed additives is witnessing steady growth.

Animal Feed Market Share

Several companies dominate the animal feed market, holding significant market shares across different regions and segments. Key players include Cargill, Incorporated, Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Land O'Lakes, Inc., and Nutreco N.V. These companies offer a diverse range of feed products catering to various species and production systems.

Animal Feed Market Size

The animal feed market is sizable, reflecting the immense demand for feed products to sustain livestock production worldwide. In 2020, the global market size exceeded 1 billion metric tons, with compound feed accounting for the largest share. The market size is expected to surpass 1.2 billion metric tons by 2025, driven by population growth, rising incomes, and increasing meat consumption.

Global Animal Feed Market

The global animal feed market encompasses a wide range of products and segments, including poultry feed, swine feed, cattle feed, aquafeed, and pet food. Asia-Pacific is the largest market for animal feed, accounting for over 40% of global consumption, followed by North America and Europe.

Global Animal Feed Market Size

The global animal feed market is vast, with diverse regional markets contributing to its overall size and growth. In 2020, the market size exceeded USD 400 billion, with Asia-Pacific and North America emerging as the largest regional markets. The market size is projected to reach USD 530 billion by 2025, driven by increasing demand for high-quality protein sources and nutritional supplements.

Animal Feed Market Growth

The Animal Feed Market is experiencing steady growth, propelled by factors such as population expansion, urbanization, and changing dietary preferences. In developing countries, rising disposable incomes and a growing middle class are driving increased consumption of animal protein, boosting demand for animal feed.

Animal Feed Market Challenges

Despite its growth prospects, the animal feed industry faces several challenges, including:

Raw Material Availability: Fluctuations in the availability and prices of key feed ingredients such as grains, oilseeds, and protein meals pose challenges for feed manufacturers, impacting production costs and profitability.

Regulatory Compliance: Compliance with stringent regulatory standards and quality control measures is essential for ensuring the safety and efficacy of feed products. Adherence to labeling requirements, ingredient specifications, and feed safety protocols adds complexity to the manufacturing process.

Environmental Concerns: The environmental footprint of animal feed production, including land use, water consumption, and greenhouse gas emissions, is a growing concern. Sustainable feed sourcing, waste management, and resource-efficient production practices are increasingly important for mitigating environmental impacts.

Animal Feed Companies

Prominent companies in the animal feed sector include:

Cargill

Archer Daniels Midland (ADM)

Charoen Pokphand Foods (CPF)

Land O'Lakes

New Hope Group

Nutreco

DSM

Purina Animal Nutrition

Wilmar International

Conclusion

The animal feed market presents significant opportunities for growth and innovation, driven by increasing demand for protein-rich diets and livestock products. With the adoption of advanced technologies, sustainable practices, and strategic partnerships, stakeholders can address challenges, capitalize on emerging trends, and contribute to the sustainable development of the global livestock industry.

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Understanding Market Share Dynamics: Veterinary CBD Market Sector Analysis

Market Overview –

The veterinary CBD market focuses on providing cannabidiol (CBD) products for pets, primarily dogs and cats, to address various health conditions and improve overall well-being. CBD is a non-psychoactive compound derived from the cannabis plant, known for its potential therapeutic effects on pain, inflammation, anxiety, seizures, and other health issues in animals.

Market growth is driven by increasing awareness among pet owners about the potential benefits of CBD for their pets and the growing acceptance of alternative and complementary therapies in veterinary care. As more pet owners seek natural and holistic approaches to pet health, there is a growing demand for CBD products as part of their pets' wellness routine.

Technological advancements and innovations in CBD extraction, formulation, and product development are shaping the market, offering a wide range of CBD-infused products such as oils, treats, capsules, and topical solutions for pets. These products are formulated with precise dosages and quality standards to ensure safety and efficacy for animals.

Moreover, the expanding legalization of cannabis-derived products and the deregulation of hemp cultivation in many countries are driving market growth, creating opportunities for manufacturers to develop and market CBD products for pets legally. Additionally, the COVID-19 pandemic has accelerated the adoption of CBD products for pets, as pet owners seek natural remedies to manage stress, anxiety, and behavioral issues in their pets during lockdowns and social distancing measures.

However, challenges such as regulatory uncertainties, quality control issues, and limited scientific research on the efficacy and safety of CBD for pets pose obstacles to market growth. Addressing these challenges requires collaboration between industry stakeholders, regulatory agencies, and veterinary professionals to establish clear guidelines, standards, and evidence-based practices for the use of CBD in veterinary medicine.

The veterinary CBD market is burgeoning as pet owners seek alternative treatments for their furry companions. Veterinary CBD treatment offers potential benefits for various conditions like anxiety, pain, and inflammation in pets. With increasing awareness and acceptance, the demand for CBD products tailored for pets is on the rise, creating opportunities for growth in the market.

At a compound annual growth rate of 53.4%, the veterinary CBD market is projected to reach USD 0.96 billion by 2032.

Segmentation –

In the veterinary CBD market, products are segmented by their source, with marijuana-derived and hemp-derived offerings each carving their niche within evolving legal frameworks. While marijuana-derived CBD gains ground in regions embracing legalization, hemp-derived CBD dominates due to its global legality. Products further segment into food-grade, led by treats and chews, and therapeutic-grade, poised for rapid growth with easing regulations. Food-grade items capitalize on pet owners' increasing expenditure, with treats and chews catering to specific needs, alongside supplements and oils.

Therapeutic-grade products, including supplements and oils, address various pet afflictions with promising research backing. Distribution channels vary, with e-commerce leading amidst legal ambiguities, followed by retail pharmacies for household pets, and veterinary clinics for livestock, expected to see significant growth. Other channels encompass direct manufacturer distribution and large-scale livestock farm orders.

Regional Analysis –

The veterinary CBD market experiences regional variations influenced by factors such as regulatory frameworks, pet ownership trends, and cultural attitudes towards alternative therapies. In regions with liberal regulations and a high prevalence of pet ownership like North America and Europe, the veterinary CBD market is thriving, with a wide range of products available for various animal health conditions. Conversely, in regions with stricter regulations or limited awareness of CBD benefits for pets, such as Asia-Pacific and Latin America, the market is still emerging, albeit with growing interest from pet owners and veterinarians. Moreover, cultural attitudes towards holistic and natural remedies shape the acceptance and uptake of CBD products in veterinary care across different regions. As research on the therapeutic benefits of CBD for pets continues to grow, regulatory harmonization and educational efforts are essential for unlocking the full potential of the veterinary CBD market globally.

Key Players –

Veterinary CBD companies reveals key players such as Joy Organics (US), Fomo Bones (US), Honest Paws (US), Canna-Pet (US), HolistaPet (US), HempMy Pet (US), Pet Releaf (US), Wet Noses (US), and Green Roads of Florida (US).

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Mealworms Market Projected to Reach $1.27 Billion by 2030: A New Report by Meticulous Research®

"Meticulous Research® Unveils Groundbreaking Study: 'Navigating the Growth Trajectory of the Mealworms Market'"

Meticulous Research®, a distinguished leader in global market research, has recently launched an illuminating report titled 'Mealworms Market by Product Type (Whole Mealworm, Mealworm Powder, Mealworm Meal), Application (Animal Feed, Aquafeed, Pet Food, Food & Beverages), End Use (Animal Nutrition, Human Consumption)-Global Forecast to 2030.'

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According to this comprehensive analysis by Meticulous Research®, the mealworms market is anticipated to exhibit a remarkable CAGR of 25.8% between 2022 and 2030, reaching an impressive valuation of $1.27 billion by the end of the forecast period. This surge in market growth is underpinned by several factors, including the escalating greenhouse gas emissions from traditional livestock practices, the profound nutritional benefits associated with mealworm consumption, the eco-friendly profile of edible mealworms, and the lower risk of zoonotic diseases compared to conventional animal-derived products. However, the potential risk of allergic reactions stemming from mealworm consumption may somewhat impede market expansion.

Diving into the segmentation of the mealworms market, the report delves into product types, applications, end uses, and geographical landscapes.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/mealworms-market-5264

In terms of product types, the market is categorized into whole mealworms, mealworm meal, mealworm powder, and other related products. Notably, the whole mealworm segment is anticipated to dominate the market landscape in 2022, exhibiting the highest growth trajectory throughout the forecast period. This dominance can be attributed to the burgeoning preference for whole mealworms among food and feed manufacturers, owing to their widespread availability and cost-effectiveness.

Regarding applications, the mealworms market spans across various sectors, including animal feed, aquafeed, pet food, food & beverages, and other specialized applications. Particularly, the food & beverages segment is poised to witness the most significant growth during the forecast period, fueled by increasing awareness regarding nutritional benefits, growing consumer interest in protein supplements, and the integration of mealworms into bakery products and snacks.

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Geographically, the report provides an in-depth analysis of major regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to emerge as the fastest-growing region in the mealworms market from 2022 to 2030. This growth trajectory is propelled by escalating demand for sustainable, protein-rich food options, coupled with shifting consumer perceptions and attitudes toward insect-based food products.

The study profiles several key players operating in the mealworms market, including Protix B.V., Ÿnsect SAS, BETA HATCH, Armstrong Crickets Georgia, TEBRIO, Tebrito AB, Entec Nutrition, Invertapro AS, Keil Co., Ltd, EntoBreed Farming BV, and Goterra.

For further insights and a detailed analysis, interested parties can access the report from Meticulous Research®.

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