Market Research Blog

From 2022 to 2032, the global yoghurt market is expected to rise at a CAGR of 4.8%, from USD 89.9 Mn in the year 2022 to USD 143.7 Mn in the year 2032.

The global yoghurt industry is fueled primarily by the health benefits of yoghurt intake and a growing public awareness of the need for weight loss. Other factors driving market growth include the expansion of the retail market in various nations, as well as lower lactose percentages for lactose-intolerant people who want to eat dairy products.

Danone, Yakult, Chobani, and Nestle are among the biggest proponents of yoghurt awareness and consumption. People avoid consuming yoghurt because of artificial additions and ingredients added to it, as well as the harmful hormone therapy of milk-producing cows. Conversely, rising yoghurt demand in emerging countries is expected to open up various opportunities for global market expansion, owing to greater disposable income and increased health consciousness.

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Key Takeaways:

• The worldwide yoghurt market is estimated to grow at a CAGR of 4.8 % from 2022 to 2032, from USD 89.9 Mn in 2022 to USD 143.7 Mn in 2032.
• Grocery stores/ hypermarket/supermarkets contributed the most to the market sales in the year 2020, with USD 37,328.2 million, and are predicted to grow at a CAGR of 4.6 % to USD 59,586.9 million by 2031.
• China consumes 90% dairy-based probiotic goods and beverages, with dairy-based yoghurt making for a substantial percentage of the market.
• With an anticipated market value of USD 22.2 million and a massive market share of 65 percent in the North American region, the United States is regarded as the most prominent region for yoghurt.
• Due to increased awareness of the benefits of yoghurt intake and its incorporation in regular diets, the China Yogurt Market is expected to exceed USD 5.8 Mn in 2022, with a market share of 32 percent in the area.

Competitive Landscape:

The yoghurt market is having a huge potential to have strong growth with innovations in adding nutrients and enhancing texture as well as the flavour of products. Companies are extensively working on research and development with the advancement in technology to improve their product as per consumers’ interests and convenience. The development of drinkable yoghurt has boosted the sales of yoghurt significantly due to the ease of incorporating it into the diet and convenience to carry and transport. Fortification of yoghurt has also increased the demand for consumers due to a rise in health awareness.

The increased popularity of dairy-free products among millennials is anticipated to grow the market for plant-based nutritional products such as vegan yoghurts. Consumers in developed economies such as Europe And North America have been gravitating toward plant-based products as a result of increased incidences of ailments such as lactose allergy among the general public.

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Get More Valuable Insights

• Future Market Insights, in its new offering, provides an unbiased analysis of Yoghurt presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
• The study provides valuable insight on the Yoghurt market based on Product Type (Greek Yoghurt, Yoghurt Drinks, Frozen Yoghurt, Set Yoghurt), Distribution channels (Retailers, Hypermarkets, Specialist Retailers, Convenience Stores) & across seven major regions of the world.
• About Food & Beverage Division at Future Market Insights
• The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

Market Segmentation on yoghurt

By Product Type:

• Greek Yogurt
• Set Yogurt
• Frozen Yogurt
• Yoghurt Drinks

By Flavor:

• Flavoured
• Plain

By Source:

• Plant-Based Yogurt
• Dairy-Based Yogurt

By Distribution Channel:

• Retail/Convenience Stores
• Supermarkets And Hypermarkets
• Online Stores
• Specialist Retailers
• Others

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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Frequently Asked Questions

• How much is the Yoghurt market currently worth?
• At what CAGR is the market expected to grow?
• How was the performance in the last five years?
• How are market players reacting to the new developments in the market?
• How much share do the top 5 companies hold?
• Which are the major countries driving demand for Yoghurt?
• Who are the major players in Yoghurt Market?
• What outlook does APAC provide?
• At what rate will the U.S. Yoghurt market grow?
• At what level does the report reflect pricing analysis?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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During the projected period, Saffron market is expected to grow at a CAGR of 10.8 %. The market value is projected to increase from US$ 480 Mn in 2022 to US$ 804.4 Mn by 2032.

The pectin market study done by FMI offers deep insights to the reader about the market’s today and forecasted growth. According to FMI, the pectin market is projected to grow with a CAGR of ~7.8% during 2022-2032.

According to a new study by FMI, the pectin market value is estimated at ~US$ 998.7 Mn in 2022. The growth in demand for pectin among consumers is primarily driven by its fat- & cholesterol-free nature and its application as a fat substitute in the bakery industry. The bakery industry is one of the industries that cover a wide variety of food products and attract consumers from all age groups. In recent years, growing health concerns among consumers has compelled bakery industry operators to offer fat-free products, thereby potentially raising the demand for pectin.

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Moreover, the vegan nature of pectin is likely to work to advantage of the bakery industry amid the rise of vegan culture across the globe and notable increase in number of population preferring vegetarian diet.

“Pectin, a plant-based product, has been garnering significant traction as a viable ingredient in the F&B industry, owing to its natural and vegan nature. In addition to special property of binding with the intestinal wall and protecting it from opportunistic microbial invasion during stress, pectin offers a number of health benefits. Moreover, it is one of the most easily available and cost-efficient products, making it ideal for multiple applications in food, beverages, and nutraceutical industries.”

The pectin market is mainly segmented on the basis of product, application and region:

Based on product, the pectin market is segmented as high methoxyl pectin, and low methoxyl pectin. Low methoxyl pectin remains the most preferred product, as it requires low sugar to form gels, unlike high methoxyl pectin that requires high sugar levels. Although high methoxyl pectin holds relatively low share in the market, it is expected to increase by 3-4% over the forecast period.

Noteworthy application of pectin includes various products such as jams & jellies, beverages, bakery filling & toppings, dairy products & frozen desserts, confectioneries, meat & poultry products, dietary supplements, functional foods, pharmaceuticals, personal care & cosmetics, and others. Among these, owing to wide applications in the bakery industry, consumption for bakery & toppings as well as jams & jellies is likely to account for relatively high sales.

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Pectin as a Solution to Various Complex Health Problems

Pectin is a solution to various health issues that were previously unable to cure. For example, niacin is an organic chemical taken by various consumers to supplement their diet with vitamin B3 and various important nutrients. But, it is also known to cause skin flushing in the face and upper body parts, which previously was treated as an allergy.

However, after deep research, it turns out that pectin helps in curing skin flushing caused by niacin, and skin flushing is not an allergy but a side effect of consuming more niacin. Similarly, pectin is known to treat ulcerated mouth and throat by simply applying it in the affected areas. Moreover, the replacement of chemicals with plant-based products in pharmaceuticals will continue to favor the growth of the pectin market.

Key Companies Profiled:

Cargill Incorporated

• Ingredion Incorporated

• CP Kelco

• Tate & Lyle LLC

• Koninklijke DSM N.V.

• Naturex

• Lucid Colloids Ltd.

• DowDupont

• Silvateam S.p.A.

• Compañía Española de Algas Marinas S.A (CEAMSA)

Environment-friendly Attributes Accounting for Greater Gains

With global warming and its disastrous consequences being constantly in the news, and plastics and other non-biodegradable products being banned by governments, humans are on the lookout for sustainable alternatives. Using pectin to make paper and plastic substitute is the most important and major step that manufacturers have taken towards protecting the earth.

Pectin, owing to its gelling property, can make proper paper plates and its plant-derived nature makes it safe for the environment as well. Innovations using pectin can also be seen in its usage to make foams and plasticizers. As pectin is considered safe, it is most commonly used to make edible films so that there is no need to remove the covering and food can be consumed directly.

Pectin Market Segmentation

Function:

• Thickener
• Stabilizer
• Gelling agent
• Fat replacer
• Others

Application:

• Food & Beverage
• Pharmaceuticals
• Bakery
• Dairy products
• Others

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Frequently Asked Questions

• How much is the Pectin market current worth?
• At what CAGR is the market expected to grow?
• How was the performance in the last five years?
• What are the key trends boosting Pectin sales?
• How are market players reacting to the new developments in the market?
• Which are the major countries driving demand for Pectin?
• Who are the major players in the Pectin market?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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T: +1-845-579-5705

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The India alcohol market is predicted to record at a CAGR of 7.4%, amassing US$ 68 Bn by the end of 2026. Andhra Pradesh and Telangana have strengthened the market significantly, for these two states have the highest number of alcohol consumers in the country.

The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth of alcohol was consumed in 2016. The study further projected that consumption of alcohol in India is less likely to decline in the years to come. By the end of 2026, more than 14 billion litres of alcohol will be sold across India.

According to the report, revenues amassed from sales of alcohol in India will soar vigorously at 7.4% CAGR, and reach INR 5.1 trillion value by the end of 2026. In terms of volume, India’s alcohol consumption in 2016 has been estimated to have surpassed 8 billion litres and will grow at 5.5% CAGR in the due course of forecast period. An in-depth analysis on India’s alcohol distribution indicated that just above three-fourth of alcohol consumed in the country is government controlled. In 2016, alcohol distributed in India through open market sales made revenues worth over INR 400 billion. Meanwhile, about 550 million litres of alcohol was auctioned in India by the end of 2016.

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India’s Alcohol Market: Report Highlights

• Nearly two-third of India’s alcohol revenues will be accounted by sales of Indian-made foreign liquor (IMFL)
• In 2016, more than 1,800 million litres of strong beer was consumed in India
• By the end of 2026, white wine sales in India will have brought in an estimated INR 16.8 billion in revenues
• Revenues amassed from sale of country liquor in India will have soared at 5.5% CAGR
• Whisky will be the most-preferred type of alcohol in India, while sales of white spirits will grow at more than 11% CAGR

Key findings of the report, titled “Alcohol Market: India Industry Analysis and Opportunity Assessment, 2016-2026,” projected that Southern and Western states of India will continue to contribute to more than 80% of alcohol revenues through 2026. Bangalore’s SAB Miller India Ltd. and United Spirits Ltd., and Mumbai-based Tilaknagar Industries Ltd. and Allied Blenders & Distillers Pvt. Ltd. are key players partaking in the growth of India’s alcohol market.

Meanwhile, the consumption of alcohol will witness a considerable dip in India’s northern and eastern zone. Even still, a majority of alcohol manufacturers & suppliers in India are originating from New Delhi. Companies such as Carlsberg India Pvt. Ltd., SOM Distilleries & Breweries Group, Radico Khaitan Limited, Globus Spirits, and Jagatjit Industries Ltd. are based in and around the country’s capital. Shimla’s Mohan Meakin Ltd. and Daman’s Khemani Group are also recognised as some of the leading alcohol manufacturer in India.

The key segments covered in this report are:

By Type

• IMFL
  • Brandy and Cognac
  • Rum
  • Whiskies
  • White Spirits
  • Others
• Beer
  • Mild
  • Strong
• Wine
  • Red Wine
  • White Wine
  • Rose Wine
• Country Liquor

By Make

• Imported Liquor
• Indian Made Foreign Liquor
• Foreign Liquor Bottled in India
• Indian Made Indian Liquor

By Gender

• Male
• Female

By Ingredients

• Grains
• Molasses
• Fruits and Vegetables

By Distribution Market

• Government Controlled
• Open Market
• Auction Market

By Region

• South Zone
• North Zone
• East Zone
• West Zone

Over 90% of Indian Alcoholics are Men

Among every ten alcohol consumers in India, nine of them will most probably be men; leaving a slight chance that the tenth one is a woman. With more than 90% stake in India’s alcohol revenues, the country’s men will be offering over INR 4.7 trillion for consuming alcohol by the end of 2026. Likewise, Indian women are also likely to increase their contribution to the Indian alcohol market. During the forecast period, revenues accounted by sales of alcohol to Indian women will have soared at the fastest pace, registering a stellar CAGR of 8.6%.

Consumption of alcohol containing molasses as key ingredients will remain higher in India. Grains will also serve to be a preferred raw ingredient used for producing alcohol in India.  Although, production of alcohol through agricultural produce such as fruits & vegetable will remain negligent till the end of 2026. The report also anticipates that consumers will be more inclined towards buying Indian-made liquor – regardless of it being a foreign or Indian brand. Consumption of foreign liquor bottled in India is also likely to grow, but showcasing a marginal degree of increment.

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Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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During the projected period, Carrageenan Gum market is expected to grow at a CAGR of 4.0 %. The market value is projected to increase from US$ 915.9 Mn in 2022 to US$ 1,355.7 Mn Mn by 2032.

Being a plant-based emulsifying agent, carrageenan gum is finding applications in the cosmetic industry. Growing consumers’ preference for natural ingredients in skincare and personal care products will further create growth prospects in the market.

Besides this, carrageenan gum-based biomaterials are increasingly being incorporated with pharmaceutical formulations to develop nanomaterial drug-delivering agents such as nasal sprays, thereby driving sales.

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Key Takeaways from the Carrageenan Gum Market Survey

• Food & beverage sector is anticipated to account for the maximum revenue share in the market.
• The U.S. market is anticipated to exhibit high growth owing to the presence of some of the leading cosmetics and food companies.
• Increasing meat consumption in China will augment the carrageenan gum market growth.
• The U.K. will emerge as a lucrative market, due to expansions in the cosmetic industry and increasing investments in research and development for product innovations.

Competitive Landscape

CP Kelco ApS, Marcel Carrageenan Corporation, FMC Corporation, E. I. du Pont de Nemours and Co., Extractos Naturales Gelymar S. A., Ingredients Solutions, Inc., Kerry Group, Cargill, Incorporated, Altrafine Gums, and W Hydrocolloids, Inc. are among the leading players operating in the carrageenan gum market as profiled by FMI, accounting for 20-40% of the total market share.

Prominent growth strategies adopted by leading players include expansions in distribution networks, mergers, collaborations, and acquisitions. Production facility expansions to cater to the increasing demand from end-use industries will continue gaining significance during the forecast period. For instance:

• In July 2021, global leader in nature-based ingredient solutions CP Kelco extended its distribution relationships with Azelis to expand its product portfolio in the Netherlands. Effective August 1^st, Azelis will distribute CP Kelco’s products in the Netherlands as a part of continuously developing collaboration between both companies.
• In July 2021, Kerry Group acquired Hare Topco Inc, operating as Niacet Corp., in a U$ 1.01 Bn deal, strengthening its food preservation and preservation strategies for better positioning in the market.

Global carrageenan gum market segmentation

By Region

• North America
• Latin America
• Europe
• APAC
• Middle East & Africa

By Application

• Food and Beverages
  • Dairy Products
  • Meat Products
  • Confectionery and Bakery
  • Beverages
  • Salads and Dressings
• Personal Care and Toiletries
  • Toothpaste
  • Air Fresheners
  • Cosmetics
• Pharmaceuticals
• Feed and Pet Food

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Key Questions Answered in the Report

• What is the current carrageenan gum market value?

The carrageenan gum market will reach a valuation of US$ 881.6 Mn in 2021.

• At what rate did the carrageenan gum market grow between 2016 and 2020?

The animal feed additive market experienced steady growth, exhibiting a 3.30 % CAGR between 2016 and 2020.

• What are the key trends driving carrageenan gum sales?

Increasing demand from end-use industries such as food & beverage, personal care, and pharmaceutical, coupled with growing preference towards plant-based additives are key trends driving carrageenan gum sales.

• Who are the leading players in the carrageenan gum market?

1. I. du Pont de Nemours and Co., CP Kelco ApS, FMC Corporation, Kerry Group, and Cargill Incorporated are the leading players operating in the carrageenan gum market.

• What will be the demand outlook for North America Carrageenan Gum Market?

North America carrageenan gum market is anticipated to witness steady growth at a 3.90% CAGR.

• What is the size of the Carrageenan Gum Market?

The Carrageenan Gum Market is valued at US$ 881.6 Million in 2021. The market is likely to grow at a CAGR of 4.3% through 2031, reaching over US$ 1.3 Bn in 2031.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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The global cocoa market is valued at US$ 12.3 Mn as of now and is expected to reach US$ 16.5 Mn by the year 2032 at a noteworthy CAGR of 12.3% from 2022 to 2032.

With rising demand for chocolate confectionery, the market for cocoa is bound to grow inadvertently in the forecast period. Chocolate has always been one of the leading flavours with respect to new launches in bakery and beverage items. The ‘sweets’ sector also uses chocolate in greater proportion.

The consumers firmly believe in superiority of the single-origin. As such, bean-to-bar concept is expected to be the highest revenue generator in cocoa market in the upcoming period. Also, consumers’ growing preference for traceable and certified cocoa as well as chocolate products is compelling the manufacturers of cocoa to go for cocoa sustainability programs.

The last few years have witnessed a tremendous influx of chocolate confectionery in the developing economies. This could be attributed to growing expenditure on various indulgent confectionery products, particularly the chocolate confectioneries. The developed markets are into countline and molded chocolates. The key participants are also into offering new types of chocolates like ruby chocolate and dark chocolate, especially during the festivals.

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These days, cocoa is also used for manufacturing toiletries due to the flavour and aroma associated with it. It is a known fact that chocolate that contains cocoa in greater quantity is rich in minerals and antioxidants. Plus, containing calories in abundance, moderate consumption helps in checking weight. Healthcare personnel recommend the consumption of cocoa-based chocolates due to the fact that it keeps cholesterol levels under control and reduces probability of heart-related ailments. Above all, chocolate is looked upon as a premium or luxury product since long due to the flavour and aroma associated with it. As such, being regular with chocolates has a feeling of “larger than life” associated with it.

Coming to the cosmetics’ vertical, cocoa is amongst the advantageous cosmetic ingredients regarding promotion of skin. The pharmaceutical vertical also uses cocoa to impart the patient-friendly flavour.

Blends are also available in the form of multiple flavors like coffee, vanilla, mint, and likewise. The new flavors in offing include avocados, kiwifruits, blackberries, and various other cereals.

Cote d’lvoire is the biggest producer of cocoa across the globe. It, in fact, contributes to 30% of the worldwide production of cocoa. Ghana and Indonesia stand second and third respectively. This has been certified by the International Cocoa Organization.

However, in certain regions, cultivation of cocoa is adversely affected by uncertain weather and political instability. Ivory Coast is one such region. Future Market Insights has, through its team of analysts and consultants, walked through these facts with subsequent steps to be taken in its latest market study entitled “Cocoa Market”.

Key Takeaways from Cocoa Market

• Dutch-processed cocoa holds the largest market share (over 70%). The color ranges between reddish brown and dark brown.
• North America holds the largest market share, followed by Europe.
• The Asia-Pacific is expected to grow in the cocoa market at the fastest pace due to the millennials being more into consumption of cocoa in the form of chocolates.

“The nutritional benefits of cocoa are bound to go a long way regarding the growth of cocoa market”, says an analyst from Cocoa market.

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Competitive Cocoa

• Barry Callebaut, in March 2022, announced that it started expanding the factory baased out of Campbellfield (Melbourne, Australia). This facility claims to be capable of serving the entire food sector in Australia.
• Blommer Chocolate Company (subsidiary of Fuji Oil Co., Ltd.), did announce opening R&D applications lab at downtown Chicago to devise enhanced ways for supporting business.
• The industry professionals are entering into agreements and partnerships for acquiring cocoa from various sustainable sources.

What does the Report Cover?

• Future Market Insights offers an exclusive perspective and various real-time insights on the cocoa market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
• The research study is based on nature (conventional and organic), by process (natural and Dutch), by end-use (confectionery, functional food, beverages, cosmetics, and pharmaceuticals), and by product type (cocoa powder, cocoa liquor, and cocoa butter).

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Cocoa Market by Category-

By Nature, Cocoa Market is Segmented as:

• Organic
• Conventional

By Process, Cocoa Market is Segmented as:

• Natural
• Dutch

By End Use, Cocoa Market is Segmented as:

• Confectionery
• Functional Food
• Beverages
• Cosmetics
• Pharmaceuticals

By Product Type, Cocoa Market is Segmented as:

• Cocoa powder
• Cocoa butter
• Cocoa liquor

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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The global barley market is set to grow at 3.3% CAGR and reach US$ 28 billion in revenues by 2026. Europe is the largest market for barley, accounting for nearly 30% share of the market.

In addition to Europe, US and China are other leading markets for barley globally. Developing countries account for around 18% of the total global barley production and 25% of the total harvested land around the globe.

Future demand for barley is likely to be influenced by applications in feed and beer production. The import of barley for beer production will open new opportunities for market players.

Increasing consumption of malt-based beverages around the globe and consumers’ shifting preference towards natural and organic food products as well as growing awareness about the various health benefits of barley are some of the factors expected to boost the growth of the barley market. In addition, government regulations on food additives are currently a major concern for food manufacturers.

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As a result, food manufacturers are focusing on producing clean label products by using less or no food additives and improving the adoption of food flavours and colours derived from natural sources as an alternate to synthetic additives. Manufacturers are focusing on leveraging major potential arising from consumer segments that prefer health-and-wellness over cost of products and thus, are using malt derived from barley as an ingredient, besides others, to secure clean label approval for various products. In addition to label claims, barley malt enables bakers/food producers to remove high-fructose corn syrup from product labels.

Barley is a commonly grown food crop in almost all the parts of the world. Barley offer various benefits and its produce is not restricted to a particular type or grade and all species of barley are known for their ability to adapt to a range of climatic conditions. As a result, cultivation of barley grains is economical.

Some of the major companies operating in the barley market space are are Cargill Group, Malteurop Group, Soufflet Group, Grain crop Limited , , Global Malt Gmbh & Co. Kg, Ireks Gmbh, Crisp Malting Group  ,Grain Millers Inc, EverGrain, Muntons Plc, Maltexco S.A.Malt Products Corporation and Briess Malt & Ingredients Co. The companies in Barley market are focusing on expanding their market presence by establishing new processing facilities to leverage their strength.

Key Segments Covered

By Type

• Pearl Barley
• Barley Flour
• Barley Flakes
• Barley Grits
• Barley Malt
• Whole Grain Barley

By Grade

• Malt Grade
• Standard
• Speciality
• Food Grade
• Feed Grade
• Pharmaceutical Grade
• Cosmetic Grade

By Application

• Alcoholic Beverages
• Non Alcoholic Beverages
• Food Industry
• Pharmaceuticals (Supplements)
• Animal Feed
• Personal Care Products

Key Regions/Countries Covered

• Latin America
• North America
• Western Europe
• Eastern Europe
• Asia Pacific & Japan
• Middle East & Africa

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Key Questions Answered in the Report

• What is the barley market outlook?

The barley market is set to reach US$ 28 billion in revenues by 2026, growing at 3.3% CAGR. Demand for feed and beer production will drive revenues.

• Which is the largest market for barley?

Europe is the largest market for barley, accounting for nearly 30% market share

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The global packaged food business is predicted to develop at a CAGR of 6.6 percent from 2022 to 2032, from USD 1800 million in 2021 to USD 3410 million in 2032. In the year 2021, the global sales for food additives are expected to reach 4,350 thousand metric tonnes. The huge demand for food additives is predicted to be fueled by increased processed food consumption.

People are expected to consume extra ready-to-cook foods, meal replacement foods, and ready-to-eat food goods & beverages, which will increase the usage of food additives and their application. According to research conducted by the Food Standards Agency (FSA), around 81.0 percent of research respondents in the U.K. acknowledged consuming processed food products between April 2020 and March 2021. Food additives are usually used to enhance the appearance, flavor, and value of foods.

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Key Takeaways:

• Natural ingredients such as natural sweeteners, natural food colorings, and natural flavors are becoming more popular as customers become more health-conscious. The movement in consumer inclination from synthetic to natural food products may present a huge potential for businesses to profit from this market sector.
• The industry for natural food colors & ingredients is predicted to be worth USD 5.0 billion in 2020 and USD 6.8 billion by 2025, growing at a CAGR of 5.4 percent.
• The North American segment dominates the industry, with the U.S accounting for roughly 65 percent of the regional North American market and a total valuation of the market is estimated to be USD 444.6 million.
• Because of its large population size and potential customer base, the U.K. is a significant market for food additives. Having a market worth of USD 122.8 million, the United Kingdom has a 22 percent market share in the European region.
• From 2022 to 2032, the Food Additives Market in the Indian region is expected to grow at a CAGR (compound annual growth rate) of 6.5 percent. The growing food processing sector in India is driving the country’s food additives market.

“The food additive market has been growing at a significant rate due to various driving factors. Consumers are inclining towards food products that add value, provide necessary nutrition, flavor, taste, and texture as well as fortification with probiotics and prebiotics or vitamins and minerals that add nutritional value and health benefit for consumers who are opting for a healthy lifestyle as per recent trend,” says a lead analyst at Future Market Insights.

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Competitive Landscape:

Food & beverage firms are continually inventing solutions for food products that are loaded with health and wellness-promoting products in order to tempt consumers, which is boosting the market for probiotics, prebiotics, and dietary fibers. In the year 2021, for example, Yakult Honsha Co., Ltd., a renowned Japan-based probiotic goods maker, launched a new range of ice cream with embedded probiotic bacteria.

The global sweetener industry has a significant impact on the consumer market for food additives. Furthermore, as people become more aware of the dangers of artificial sweeteners like saccharin and aspartame, sweeteners that are natural are becoming very popular. The most common natural sweeteners are mogroside V, which is derived from a fruit named monk fruit, and Steviol glycosides. In the world of natural sweeteners, Stevia is projected to be in great demand.

Segmentation for Food Additive Market

By Product Type:

• Preservatives
• Hydrocolloids
• Acidity Regulators
• Emulsifiers
• Flavoring Agents
• Food color
• Sweeteners
• Enzymes

By Source:

• Synthetic
• Natural

By Application:

• Frozen Desserts & Dairy products
• Confectionery & Bakery
• Convenience Food & Snacks (Processed & Frozen)
• Meat & Poultry Products
• Beverages
• Others (soups, baby food, and sauces)

Key Regions/Countries Covered:

• East Asia
• South Asia
• Latin and South America
• North America
• Oceania
• Europe
• Middle East & Africa

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Frequently Asked Questions

• How much is the Food Additive market currently worth?
• At what CAGR is the market expected to grow?
• What are the key trends boosting Food Additive sales?
• How are market players reacting to the new developments in the market?
• How much share do the top 3 companies hold?
• Which are the major countries driving demand for Food additives?
• Who are the major players in the Food Additive Consumer Market?
• At what rate will the U.S. Food Additive consumer market grow?
• At what level does the report reflect pricing analysis?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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During the projected period, Gellan Gum Market is expected to grow at a CAGR of 4.2 %. The market value is projected to increase from US$ 56.4 Mn in 2022 to US$ 85.1 Mn by 2032. The Food.

Considering the growing demand for natural & organic gelling ingredients for production of food and beverages, global consumption of gellan gum should continue to increase at a greater pace. However, Future Market Insights projects that over a ten-year forecast period, global consumption will exhibit a moderate CAGR of 3.7%.

Global gellan gum sales will incur a sluggish increment till the end of 2026, adding just over 500 MT to the current ballpark figures on global gellan gum consumption. Regardless of substituting agar as thickener for food & beverages and incurring higher use in production of pharmaceutical fluids, global sales of gellan gum will continue to rake in meagre revenues over the forecast period.

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Presently, gellan gum is widely used as an alternative for various hydrocolloids such as carrageenan gum in various dairy products, protein enriched drinks and other beverages. Gellan gum enables uniform dispersion and suspension of insoluble particulates in protein-fortified beverages and nut milks.

Manufacturers of gellan gum are expanding their production capacity to meet the increasing market demand. Various international events are organised to promote the usage of gellan gum and to increase its customer base around the globe.

Key Deterrents for Growth in Global Gellan Gum Consumption

• Procuring raw materials required for production of gellan gum remains to be a major challenge for manufacturers. Complex techniques used for formulating gellan gum from lactose or glucose inhibits their production among local players that have a modest manufacturing infrastructure.
• Gellan gum is now being actively substituted by alternative hydrocolloids such as xanthan, pectin and gelatine, which are cheaper to produce and easier to harvest from raw materials. The consumption of carrangeenan, among such hydrocolloids, is projected to gain traction as opposed to gellan gum.

Nevertheless, several companies in the global food & beverage industry will continue to prefer gellan gum as organic thickeners for products such as jellies, soups and packaged yogurts. Leading gellan gum manufacturers in the world are expanding their production capacity, primarily focusing on delivering gellan gum products for food & beverage applications. Royal DSM, a prominent manufacturer of gellan gum, recently acquired manufacturing plants in China, while CP Kelco made headlines for expanding the production capacity of its San Diego plant.

Dancheng Caixin Sugar Industry Co. Ltd., Zhejiang Tech-Way Biochemicals Co. Ltd., Hangzhou Gellan Solutions Biotec Co. Ltd., Zhejiang DSM Zhongken Biotechnology Co. Ltd., Meron Group, Hebei Xinhe Biochemical Co. Ltd., Fufeng Group, and Inner Mongolia Rainbow Biotech Co. Ltd., are gellan gum manufacturers based in APEJ countries such as China and India. In terms of global market value, APEJ gellan gum market will account for over one-third share throughout the forecast period. US-based CP Kelco will continue to account for over 70% of global gellan gum revenues, making North America a dominant region in the global gellan gum market through 2026.

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Global Gellan Gum Market Segmentation

Product Type

• High Acyl Content
• Low Acyl Content

Application

• Food
• Confectionary
• Jams and Jellies
• Fabricated Foods
• Water-based Gels
• Pie Fillings and Puddings
• Dairy Products
• Processed Meat
• Beverages
• Personal Care and Cosmetics
• Industrial and Household Cleaners
• Pharmaceuticals
• Others

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA

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Frequently Asked Questions

• What is the estimated size of the gellan gum market?
• Which is the largest market for gellan gum?
• Which are the top companies in gellan gum market?
• What are the uses of gellan gum?
• In which forms are gellan gum available?
• What is the outlook on Asia Pacific Excluding Japan gellan gum market?
• How is the competition structured and evolved in recent years?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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