Market Research Blog – Page 10226 – New Product Development

Paprika Color Market Report on Future Roadmap, Consumer Analysis & Technological Innovations, Growth Forecast to 2031

According to Future Market Insights (FMI) sales of paprika color will increase consistently to surpass US$76.92 Mn in 2021. Demand for paprika color is expected to grow at a 7.0% CAGR over the assessment period, from 2021 to 2031.

Paprika color application is poised to surge in the food industry, especially in meat products, salad dressings, confectionery, vegetable oils, soups, seasoning, sauces, bakery products, canned foods, and snacks.

The rising demand for natural food colors will positive impact sales of paprika color worldwide. Paprika color is either conventional or organic in terms of nature. As per the report, conventional paprika is expected to dominate the global market in 2021 with a market share of 80.6%.

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Key Takeaways from the Paprika Color Study:

The EMEAI (Europe Middle East Africa and India) is key in market in terms of size and is expected to account for 39.3 % of the global paprika color market in 2021.
On the basis of application meat, poultry, fish, & eggs section is expected to hold for 23.8% of the global paprika color market in 2021 and expected to grow at compound annual growth of 12.2%, followed by Potatoes, Pasta, & Rice.
The U.S. is expected to account for over 85% of paprika color sales in North America in 2021. Irrespective of United States’ dominance, demand in Mexico and Canada is expected to rise at a higher pace.
Germany is expected to account for 18.5% of paprika color sales in EMEAI through 2031.
China will continue dominating sales in APAC, however, demand for paprika color is expected to increase at a higher pace in South Korea.

“Increasing use of paprika color in meat processing and a plethora of beverages such as juices and drinks are likely to boost sales of paprika color. Besides this, the market is expected to gain from increasing use of paprika color in hair care and personal,” Said a lead analyst at FMI

Various End Uses in Food Processing to Boost Market

The paprika color market is flourishing on account of increasing application in the food processing industry, rising awareness about health advantages of natural coloring agents over the substitute one, and growing demand within the specialty foodstuff and prepared to eat dishes.

Paprika color market is additionally gaining on account of nutritional profile of paprika that includes impressive anti-bacterial, anti-fungal, and anti-oxidant properties. This has fuelled its application in food, pharmaceutical and cosmetic industries. Within skincare and cosmetics industry, paprika color is used in a slew of hair care and skin care merchandise.

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Who is Winning?

Some of the leading companies offering paprika color are Blue Lily Organics, Natural Solution, ColorMaker Inc., Bioconcolors, Chr. Hansen Holding A/S, Synthite Industries Ltd., Plant Lipids, Ungerer & Company Unilever Food Solution, Chr. Hansen A/S, Sensient Technologies Corporation, Ingredients Naturales Seleccionados, Kalsec Natural Ingredients, Kancor Ingredients Limited, Naturex, Adani Pharmachem Private Limited, Givaudan, Ozone Naturals, Universal Oleoresins and others.

Paprika Color Market by Category

By nature:

Organic
Conventional

By application:

Beverage
- Milk Drinks & Milk Alternatives
- Alcoholic Beverages
- Carbonates (Carbonated Soft Drinks)
- Sports Drinks
- Coffee & Cocoa
- Tea
- Energy Drink
- Juice Based Drinks
- Flavored water
- Enhanced Water
- Sparkling Waters
Bakery, Snacks, & Cereal
- Breakfast Cereal
- Bread
- Cakes & Pastries
- Cookies
- Biscuits & Cones
- Frosting / Icing
- Crackers & Savoury Snacks
Candy / Confectionery
- Panned Candy
- Chocolate & Compound Coating
- Gummies
- Chewing Gum
- Jellies & Licorice
- Sprinkles & Sugar
- Hard Candies / Boiled Sweets

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Dairy
- Cheese
- Ice Cream
- Milk Drinks & Milk Alternatives
- Pudding / Custard
- Dips & Spreads
- Yogurt
Fruit Preparations / Fillings
Meat, Poultry, Fish, & Eggs
- Casings
- Egg & Egg Substitute
- Fish / Seafood
- Jerky
- Meat Substitute
- Processed Meat & Poultry
Potatoes, Pasta, & Rice
- Pasta
- Potato Chips / Crisps
- Processed Potatoes
- Rice
Sauces, Soups, & Dressings
- Asian Sauces
- Barbecue & Steak Sauce
- Condiments
- Gravy / Dry Sauce Mix
- Marinade
- Oils & Dressings
Seasonings
- Batter
- Breading and Coating
- Bouillon / Soup Base / Stock
- Liquid Smoke
- Spice Blends / Dry Seasonings
Pet Food
- Extruded / Dry Pet Food
- Snacks / Treats
- Wet Food

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 9 years.

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Mannitol Market Opportunity Assessment by Pricing Analysis, Consumer Analysis & Future Scope, Forecast by 2031

The mannitol market is forecast to exhibit steady growth, with its overall valuation reaching US$ 390.9 Mn in 2021. As per FMI, mannitol sales are expected to surge at 6.8% CAGR over the course of the assessment period. Overall growth forecast for the market will remain positive through 2031.

Growth will continue in response to the growing awareness regarding health and wellness among consumers. Coupled with this, FMI identifies the increasing demand for functional and convenience food as the chief growth driver.

Mannitol is a sugar alcohol with a low-calorie content that is made from hydrogen and fructose. It can be found in strawberries, mushrooms, marine algae, onions, celery, and pumpkins. Mannitol’s natural profile and the clear label will drive sales in the near future. These factors also distinguish it from similar artificial sweeteners.

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Artificial sweeteners have essentially supplanted sugar in the baking industry, particularly as emulsifiers in baking and confectionery. Mannitol is also extensively used in chewing gum as a sweetener. Because of decreasing manufacturing costs and a greater economic scale, the mannitol market is also rising. Food applications of mannitol will continue rising through the course of the forecast period. According to the study, the food industry will account for over 44% of the mannitol market in 2021.

Key Takeaways from the Mannitol Market Study

Mannitol market will register impressive growth at 6.8% CAGR between 2021 and 2031, driven by increasing demand for low-calorie sweetener
As consumers move away from conventional sugar in bakery items amid soaring cases of diabetes, the U.S. market will account for 64.1% of mannitol sales in North America
The EU-4 will represent a lucrative market within Europe, accounting for 36% of mannitol sales in 2021
With demand for baked items surging at a high pace, the mannitol market will register 5.6% y-o-y growth in the U.K. in 2021
Despite China’s dominance, mannitol sales are expected to surge at a higher rate in Japan and South Korea

Sugar Reduction in All Processed Food & Beverages Items

Market trends such as the global fight against obesity and diabetes through sugar tariffs and stricter restrictions have continued to gain traction.

According to the World Health Organization (WHO) data, the number of obese persons reached more than 800 million in 2020, and this figure is expected to rise. Furthermore, by 2040, the number of diabetic patients is predicted to rise to 642 million.

This factor is expected to increase demand for sugar replacements like mannitol in the worldwide food and beverage industry, resulting in increased mannitol sales.

Who is Winning?

Consumer preferences change over time and market players need to accommodate those changes. Consumers will switch to another brand if their preferred products are not accessible.

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As a result, manufacturers are feeling the heat and are ensuring that their products meet consumer needs. As a result, high-capital businesses are investing in research and development (R&D) initiatives to meet these changing requirements.

Some of the leading companies offering mannitol are Roquette Frères Company, Cargill Inc, SPI Pharma, Qingdao Bright Moon Seaweed Group Co., Spectrumchemical manufacturing corp., Hebei Huaxu Pharmaceutical Co. Ltd, Rongde Seaweed Co.,Ltd, Ingredion Incorporated, Zuchem Inc, Akhil Healthcare (P) LTD., Pfizer, and other.

Mannitol Market by Category

By Form:

Powder
Crystal

By End Use:

Food
- Bakery Goods
- Sweet Spreads
- Confectionery
- Dairy Products
- Canned Food
Beverages
- Carbonated Drinks
- Fruit Drinks & Juice
- Powdered Drinks and Mixes
Pharmaceuticals
- Solid dosage forms
- Lyophilized preparations
- Medicated confectionery/ Medicated chewing gum

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)

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Key Questions Answered in the Report

What is the current valuation of mannitol market?

The mannitol market is expected to reach a valuation of US$390.0 Mn in 2021

At what rate did the mannitol market grow in the last 5 years?

Over the period of last five years, from 2016 to 2020, mannitol sales grew at 5.5% CAGR

What are the key trends prevailing in the mannitol market?

Demand for clean-label and low calorie food sweeteners is a key trend in the mannitol market. Considering this, product launches are likely to become more frequent as consumers continue exhibiting high demand for healthy ingredients.

What are the key factors driving mannitol sales?

Mannitol market will significantly gain from the high demand for sugar alcohol in food. Sales will continue rising in response to the increasing demand for functional and convenience food products.

What is the cumulative share of top five companies in the mannitol market?

The top five companies, including Roquette Frères Company, Cargill Inc, SPI Pharma, Qingdao Bright Moon Seaweed Group Co., and Spectrochemical Manufacturing currently account for 15% of the mannitol market.

What is the value share of Japan and South Korea in mannitol market?

Japan and South Korea are estimated to hold a market value share of 33.8% and 14.2% respectively of the East Asia market in 2021.

Hexane-free Protein Market Studies on Consumers Perception, Supply and Consumption Demand Analysis by 2031

Vegetarianism has become increasingly common in recent years around the world. This development is likely to have an effect on demand for plant-based products including plant-based proteins, such as hexane-free protein, finds Future Market Insights (FMI) in a new study.

Due to the growing vegan movement, plant protein has become a substitute for other proteins such as animal proteins, egg protein, and others. As people consciously follow more humane and sustainable lifestyles, the number of vegans around the world has risen significantly. The demand for natural and vegan products has increased as a result of this trend. This also had a positive impact on the hexane free protein market, enabling it to reach a valuation of US$ 102.9 Mn by 2021.

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Driven by increasing focus on health and wellness, the demand in the energy and sports nutrition industry is expected to rise. It is in fact predicted to remain the dominant end user, accounting for over half of the sales in the global market.

North America Continues Favoring Expansion

Domestic botanical food producers in the U.S. and Canada face less stringent regulatory requirements. Although the FDA has described the term “botanicals,” and it does not control their production in the United States. Manufacturers have also opened domestic outlets for the selling of botanicals and botanical foods in Canada. These developments are considered crucial for growth of hexane-free protein market in North America.

Key Takeaways from the Hexane-free Protein Market Study:

Rising focus on health and wellness will drive growth in the global hexane-free protein market at 9.6% CAGR
The consumers in the U.S. are exhibiting high focus on health and wellness. This has sealed America’s dominance. The U.S. is expected to account for over 80% of sales in North America
The expansion of the food and beverages sector will enable the U.K. market register a little below 10% y-o-y growth in 2021
While Germany is forecast to dominate hexane-free protein sales in Europe, the Spain market will register a higher rate of growth
China will account for over half of sales registered in East Asia, as consumers increasingly look for plant-based protein alternatives

Plant-based Products Gaining Popularity

People nowadays are more likely to consume vegan goods. According to the SPINS survey, plant-based food retail sales in the United States increased by 11.4 percent to $5 billion last year. People are avoiding using animal products as a result of growing concerns about personal health and animal welfare. Companies must mark their products according to strict criteria and organic standards.

Organic food products, for example, must be labeled if they are 100 % approved or contain only organic ingredients. Consumers seeking goods with various health and nutritional benefits will be satisfied by the availability of this information. Furthermore, the growing number of private label brands and high marketing and advertising expenditures for organic goods invoke a sense of legitimacy to purchase the product, as customers are increasingly willing to pay more for premium or natural products with high nutritional content.

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Who is winning?

Some of the leading companies offering Hexane-free Protein are Axiom Foods, Inc., Nutiva Inc., Now Health Group Inc., ABF Ingredients, Ingredion Inc., Cargill Inc., New Protein Global Inc., Milk Specialties Global, Merit Functional Foods, and others

To meet a large customer base, hexane-free protein manufacturers are focusing on selling goods through various online retailers. Food and beverage goods must meet the quality expectations of consumers and comply with regulations since they are often perishable.

Hexane-free protein Market by Category

Product Type

Isolate
Concentrate
Flour

Form

Powder
Syrup

End Use

Beverages
- Dairy-based Beverages
- Functional Beverages
- Others
Cosmetics & Personal Care
Breakfast Cereal & Cereal Bars
Energy & Sports Nutrition
Bakery Products
Dairy Products
Others

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania

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Key Questions Answered in the Report

Which is the most lucrative market for hexane-free protein?

Europe is the largest market for hexane-free protein, accounting for 50.6% of the total global hexane-free protein market.

In which form is hexane-free protein preferred more?

Powder form of hexane-free protein accounted for US$ 102.9 Mn market value in 2021 and expected to grow at a CAGR of 9.6% during 2021-2031. It is also expected to remain the more preferred form of hexane-free protein through the course of the forecast period.

Which are some of the leading companies offering hexane-free protein market?

Some of the leading companies offering hexane-free protein are Axiom Foods, Inc., Nutiva, Inc., ABF Ingredients, Cargill Inc, Ingredion Incorporated, Austrade, Inc., Now Health Group Inc., New Protein Global Inc., Merit Functional Foods, and others.

Who is the leading end user of hexane-free protein?

The energy & sports nutrition account for maximum sales of the hexane-free protein. It is expected to remain the key end user through the coming years.

Isomalt Market Study on Applications, Consumer Analysis, Sales Outlook, Market Key Value Size and Forecast to 2031

Isomalt is anti-cariogenic, due to which it does not promote tooth decay. It is considered to have several health benefits, which is expected to spur isomalt sales. As per a study by Future Market Insights (FMI), the isomalt market is expected to surpass US$ 900.5 Mn in 2021.

Oral bacteria cannot convert isomalt into decay-causing acids easily. Thus, acidic condition that leads to demineralization does not develop after isomalt consumption, as compared to the one that occurs after eating normal sugar. Regulations by the Food and Drug Administration (FDA) allow manufacturers of sugar-free isomalt-based products to make health claim- ‘Does not support dental caries’ if those products do not reduce plague PH less than 5.7 upto 30 minutes after consumption. This safety property is fuelling the demand for isomalt.

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While isomalt have application across various industries, the beverages sector will account for maximum sales registered in the market. The demand from beverages sector is expected to rise at above 7% CAGR, sealing its dominance among end users between 2021 and 2031. Meanwhile, isomalt obtained from conventional sources will continue registering high sales, however, increasing focus on greater health benefits will tip scales in favour of organic isomalt.

Regionally, Europe will continue leading the market through the course of the forecast period. The presence of several leading manufacturers will give tailwinds to growth registered by the Europe market.

Key Takeaways from the Isomalt Market Study:

Despite a period of subdued growth amid COVID, isomalt market will continue expanding at a positive CAGR of 6.1% between 2021 and 2031
Rising incidence of diabetes has been spurring sales in the U.S., pushing it to account for nearly 90% of the North America market
While Europe continues dominating the global market, EU-4 countries will account for maximum isomalt sales through the forecast period
The U.K. will emerge as a highly lucrative market for isomalt, registering over 7% CAGR, after a period of decelerating isomalt sales in 2020
China will account for maximum shares of sales recorded in isomalt due to greater focus on health and wellness among consumers in the country

Plant-based Isomalt Gaining Popularity

Nowadays, people are inclined towards consumption of vegan products. According to SPINS report, U.S. retail sales of plant-based food grew 11.4% last year to US$ 5 Bn. People are shifting from use of animal products due to rising concerns, such as personal health and animal welfare. Isomalt is extracted from the plant sources such as beet, peaches, berries and hence is finding space in shelves of the consumers that are opting for plant-based diets and healthier food options.

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Who is winning?

Some of the leading companies offering isomalt are BENEO GmbH, Cargill, Inc., Merck KGaA, Baolingbao Biology Co., Ltd., Akhil Healthcare Pvt Ltd, SINO Food Ingredients (SINOFI), KF Specialty Ingredients, Wilmar BioEthanol, Deiman SA de CV, Quadra Chemicals Ltd, S. A. Pharmachem Pvt. Ltd, and others

Manufacturers of isomalt are focusing on offering products through various online retailers to reach large consumer base. Food products are mainly perishable, and food and beverage products have to meet the quality expected by buyers and must comply with regulations. Isomalt, owing to its resistance to moisture, has a good shelf life.

Therefore, it can be sold without deterioration. Making products easily available can boost the number of consumers purchasing a product. Several manufacturers are moving towards online channels with an aim to sell their products globally. This is helping them to increase their sales and growing their businesses.

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Isomalt Market by Category

Nature

Organic Isomalt
Conventional Isomalt

Form

Powder Isomalt
Syrup Isomalt

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End Use

Confectionery
Sugar Confectionery
Bakery Products
Breakfast Cereals & Bars
Dairy Products
Frozen Desserts
Beverages
Sports Drink
Meat & Fish Products
Infant Formula
Pharmaceuticals
- Cough Syrups
- Multivitamins
- Supplements
- Others
Oral Care
Others

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania

Beet Pulp Market by Global Demand & Trends, Consumer Analysis, Sales, Industry Size and Forecast to 2031

Rising cases of chronic ailments have been encouraging consumers to adopt healthy eating. There is higher focus towards preventive healthcare, which is expected to fuel the demand for plant-based ingredients such as beet pulp. According to a study by Future Market Insights (FMI), the beet pulp sales are poised to surge considerably in the coming years. The market is expected to surpass US$ 2.5 Bn valuation in 2021.

The demand for dried pulp is expected to be the highest. It is likely to account for over 70% of beet pulps sold. East in transportation and lesser threat of damage or contamination will continue fuelling demand in this category.

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Beet pulp is not only rich in nutrients, minerals, and vitamins but is also rich in unique phyto-constituents, which have numerous medicinal properties. It is anti-oxidant, anti-microbial, anti-depressant, anti-fungal, diuretic, anti- inflammatory, expectorant, and carminative, making it “superfood” for today’s generation.

Beet pulp also is a rich source of nitrates and sugar content making it an energy dispenser for consumers. The increasing health and wellness consciousness among the customers is drastically leading to an increasing penetration of beet pulp in end user applications.

Key Takeaways from Beet Pulp Market Report

The demand for beet pulp is expected to rise consistently, enabling the market register 5.9% CAGR between 2021 and 2031
Popularity of plant-based ingredients will drive sales in U.S., enabling it to account for over 88% of beet pulp sold in North America in 2021
The U.K. market will register a steady 2.5% y-o-y growth in 2021
Increasing veganism trend will support growth in France and Germany
Government initiatives undertaken to boost public health will support growth in China, followed by Japan and South Korea

“Livestock owners nowadays have become well aware about the livestock feeds they buy and the nutritional benefits it offers. Nutrition is an important factor in recent times and sales of products failing to qualify consumer expectation often get negatively affected.

Thus, the manufacturers of livestock feed have started incorporating high nutritional value in their products. For this purpose, they have started deriving nutrition from sources such as plants to increase the nutritional content of livestock feed, this will boost the beet pulp market” said a lead analyst at FMI

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Rise in Livestock Ownership Drives the Beet Pulp Market

The primary driver of the beet pulp market is the increasing number of livestock ownership. The increasing adoption of cows and horses as companion for families is driving the beet pulp market.

Suppertime is the happiest time for livestock, and every livestock owner strives to feed their animals a healthy, flavourful meal. Social comfort, protection, and companionship that animals provide are key factors encouraging them to raise animals. As a result the growing number of livestock owners, in turn fuelling the demand for livestock feed.

Furthermore, a number of businesses are focusing on developing new flavours for their products. The majority of animal feeds contain wheat, corn, and soy, which are combined with animal fats to give it a meaty flavour. Furthermore, safety regulations placed on livestock feed could contribute to an increase in demand for beet pulp market during the forecast period.

Who is winning?

Some of the key players operating in beet pulp market Amalgamated Sugar, Michigan Sugar, Midwest Agri, Tereos, British Sugar, Nordzucker, Ontario Dehy Inc., American Crystal Sugar, Delta Sugar Company and many others. Key players of beet pulp are building strategies that will make their production line more efficient in order to get more output.

For instance, Delta sugar company, which is leading manufacturer of in beet pulp market, has focused on effective and efficient production process that produces ±140.000 tons of beet pulp. This Company exports to markets in Europe and in the domestic market.

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Product Type

Wet Pulp
Pressed Pulp
Dried Pulp
- Pellets
- Shreds
Ensiled Pulp

Livestock Type

Cow
Horse
Sheep
Goat
Pig
Buffaloes
Mules
Asses

Category Type

Molassed
Unmolassed

Sales Channel

Direct Sales
Modern Trade
Specialty Store
Departmental Store
Convenience Store
Online Retailers
Other Retail Formats

Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

Lactose Market Demand Forecast with Consumer Analysis, Market Studies & Key Growth Influencers Analysis-2030

Global lactose demand is set to expand at nearly 4% in 2021, as burgeoning focus on health and wellness create substantial opportunities. While demand for powdered lactose will remain higher than granular lactose, the latter is set to grow at a higher rate. US will continue to be the largest market, however, lactose manufacturers can expect growing opportunities in Latin America and Asia Pacific. These insights are according to the latest edition of the study, conducted by ESOMAR-certified research and consulting firm, Future Market Insights (FMI).

Used as a filler or filler binder in the manufacturing of drugs and capsules, the pharmaceuticals domain has emerged as a lucrative application area for lactose-based products. Developing advanced manufacturing processes and technological innovations in industry to produce quality lactose that are consistently safe and effective has fuelled lactose production worldwide.

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In recent years, hundreds of supply shortage incidences have been reported and hence leading to the expansion of advanced technology production facilities will accelerate production capacity and narrow down the supply-demand gap. The ongoing expansion of production facilities with advanced technology accelerates the consumption of lactose and is expected to lead to market growth across the globe.

Key Takeaways

Lactulose to emerge as the lucrative derivative type, accounting for nearly 30% sales
United States will continue to account for significant market share among all countries
Powdered form lactose will continue to outsell lactose in granule form
Food industry will be the mainstay for lactose demand, but opportunities in animal feed are growing
UK lactose to mimic broader consumer trends in Europe
Lactose market players in Japan and South Korea target novel applications

“While food and beverage industry has accounted for bulk of the demand, market players are exploring applications in animal feed and personal care industry ” said a lead analyst at FMI

Competitive Landscape

Emerging nations represent an exceptional opportunity for the lactose industry. Players are making significant investments to penetrate the untapped markets through affordable offerings. Key stakeholders in the lactose market have commenced significant revamps to their strategies in emergent countries and purpose is to increase access to their products.

In recent years, lactose market has witnessed product launches with the development of lactose by key manufacturers in order to increase their market share globally. Companies are coming up with various lactose based ingredient and derivatives for application in various segments.

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In 2015, Meggle one of key player of lactose, launched triple compound pharma grade lactose CombiLac®, specifically designed to ease oral solid dosage.
In 2019, Kerry announced to launch Aero Flo brand for inhalation lactose grade. Brand named Aero Flo® for inhalation grades of lactose have been explicitly developed for usage in dry powder inhalers for pulmonary delivery of pharmaceuticals.

Who is Winning?

Some of the key players operating in the lactose market are, Armor Pharma, Avantor, Inc., Ba’emek Advanced Technologies Ltd (Tnuva Group), BASF SE, Davisco Foods International, Inc., DFE Pharma (JV of Royal FrieslandCampina & Fonterra Ltd.), Hilmar Ingredients, Hoogwegt Groep B.V., Kerry plc., Lactose (India) Limited, Merck KgaA, Milei Gmbh, Molkerei MEGGLE Wasserburg GmbH & Co. KG and other players.

Key players are focusing on partnership in order to gain larger market share and to capture new geographical areas to get access to new markets.

In 2019 LBB Specialties announced that it has signed a strategic partnership deal with Meggle for the distribution of Meggle’s Pharmaceutical Lactose excipients, including lactose for inhalation formulations, in the United States.
In 2019, MEGGLE Excipients & Technology signed an agreement with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, to represent its lactose excipient portfolio for the pharmaceutical and nutraceutical industries in Canada.

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Get Valuable Insights into Lactose Market

Key Segment

Form

Powder
Granule

End Use

Food and Beverage
- Bakery
- Confectionery
- Functional Food
Pharmaceutical
Animal Feed

Derivative Type

Lactose Monohydrate
Galactose
Lactulose
Lactitol
Other (tagatose, lactobionic acid)

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania

Nata De Coco Market Share, Summary of Key Findings, Consumer Analysis, Competition Benchmarking -2032

The worldwide nata de coco market is expected to be esteemed at US$ 134.3 Million out of 2022, gauge a CAGR of 6.3% to be esteemed at US$ 247.1 Million from 2022 to 2032. Development is credited to the rising demand for sound items. From 2016-2021 a CAGR of 6.4% was enrolled for the nata de coco market. Nata de coco is considered an healthy food due to the nutritive value it offers to consumers.

Its fiber content makes it very healthy for digestion. Nata de coco contains less sugar, thus, diabetes, and obesity patients coupled with consumers who are on the watch for the weight can add it to their regular diet.

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The presence of little cholesterol in Nata de coco makes it healthy for consumption by people with cardiovascular diseases.

The health attributes associated with the consumption of Nata de coco are the factors fueling the growth of the Nata de coco market globally.

Leading players in the industry are focusing on innovative products that will attract consumers to their market.

Nata De Coco Market Growth Drivers

Consumers have been conscious of their health time before now, and they are ready to spend a premium on any food product that offers high nutritive value and health benefits to them.

Nata de coco is rich in fiber, a nutrient that makes haste and eases digestion. It also contains unsaturated fatty acids, which makes it adequate for people with cardiovascular diseases.

The global Nata de coco market is expected to grow significantly during the forecast period.

Nata de coco has found applications in various ends user sectors such as the food and beverage industry, the pharmaceutical industry, and others. High revenue is expected in a few years in all regions of the world.

Key players in the industry have innovated new products expected to woo consumers to the global mark.

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Nata de coco is often mixed or blends with different essence products like banana, almond, strawberry, vanilla, and many others.

The presence of varieties in the global market is slated to create a global surge in demand for Nata de coco products.

Nata de coco is deemed safe for everyone, and due to this, the market with grow tremendously during the forecast period.

The market is estimated to record the highest CAGR over the forecast period.

Nata de coco is used in almost all confectionery products, and it’s expected to fuel the market’s growth as demand for these products is increasing annually.

Nata De Coco Market: Region-wise Analysis

Geographically, Nata de coco has its highest consumption in the Asia Pacific. Europe and Africa are ranked second and third, respectively, on the basis of consumption.

Philippines and India are the major exporters of Nata de coco globally since these countries are tropical.

Japan, China, Indonesia, and India are anticipated to drive the industry’s growth during the forecast period.

Demand for these countries increases annually due to consumers’ busy lifestyles and rising disposable income.

Southeast Asia often uses Nata de coco for the production of iced tea, which will fuel the growth of the Nata de coco market.

Nata De Coco Market: Competitive Landscape

The global Nata de coco market is consolidated and highly competitive. Key players in the industry are innovating new products to fuel the growth of their industry.Some of the players in the industry are;

F&N Magnolia
Nata De Coco Manufacturing Sdn Bhd (NDC)
The Prachuab Fruit Canning Co., Ltd. (Praft)
Happy Alliance Sdn Bhd.
Captain Dolphin Marketing (M) Sdn. Bhd.
Jeram Coconut Sdn. Bhd.
Choke Mahachai Beverage Co., Ltd.
Mogu Mogu Manila

Region-wise Analysis

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Nata De Coco Market Segment Analysis

The global Nata de coco market can be segmented on the following basis:

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By End Product

Beverages & Syrups
Ice Cream
Confectionery
Jellies
Dessert

ByDistribution Channel

Convenience Store
Retailer
Online
Supermarket/Hypermarket

Moonshine Market Extensive Report on Key Segments, Consumer Analysis, Top Players & Region by 2032

The worldwide moonshine market is supposed to arrive at a valuation of US$ 165.4 Million out of 2022. Due to growing customer base all over the planet, interest for moonshine market is supposed to heighten. The market of moonshine is projected to develop at a strong CAGR of 6.6% somewhere in the range of 2022 and 2032, adding up to around US$ 314.5 Million toward the finish of 2032.

The global online distribution channel of moonshine is anticipated to expand rapidly during the forecast period due to rising e-commerce platform, internet facilities, presence of large number of brands and easy convenience.

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Such rise is influenced by many factors, such as increasing rates of disposable income and changing behaviours and customer preferences.

The millennial generation is the main customer for the industry, with its tremendous buying power.

The beverage is made by distillers using farm-grown corn, to improve their taste and flavour. Due to the strong market demand in the France and U.K. the global industry is primarily concentrated in Europe.

Since of the growing customer base throughout the globe, demand for moonshine is expected to see significant increase. Demand for moonshine is expected to see significant growth during the next few years in emerging countries such as the United Kingdom, France, and Mexico.

Change in Living Lifestyle and Consumption Habits of Moonshine is a Key Driver Aiding in the Growth of Moonshine Market

An increase in spending and an increase in whiskey availability is a major factor driving market growth. Shift in whiskey’s lifestyles and consumption patterns is a key driver of this market development. Customer preference for moonshine also boosts demand for moonshine.

In the developing countries, the growing pace of modernization and urbanization has boosted demand for moonshine. The idea of ‘premiumisation’ has also been swept up in the food and beverage industry, moving beyond costs to provide high-quality as well as superior service.

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The movement towards premiumisation affects the appetite of consumers for value-added and high-quality goods with ingredients of superior quality that provide better health benefits. Customers are willing to pay the additional price for products which offer distinctive health benefits.

The younger generation helps push moonshine’s increasing acceptance. Consumers in the 21-35-year age group support the category of spirits and gravitate towards whiskey and other brown spirits.

Such customers, however, have often formed an affinity for goods more generally associated with older generations.

Moonshine Market: Key Players

Some of the key players driving the growth on global moonshine market are

American Born
Appalachian Co. Ltd.
Catdaddy Inc.
Chicago Distilling
Firefly
Full Throttle
Georgia Moonshine
Midnight Moon
Hudson

Moonshine Market: Regional Analysis

The European region dominates the market as Germany, Spain, Italy, and France are the leading moonshine manufacturing and drinking countries in this area. Europe is the largest moonshine manufacturer and consumer.

Asia Pacific is expected to grow rapidly, as Western culture and traditions, large populations, and growing middle-class household incomes embrace it strongly.

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The major markets in this area are Japan, India and China. India is the Asia-Pacific region’s biggest consumer of whiskey. Whiskey is an alcoholic beverage, and its production companies are expected to meet various government regulations that serve as a primary obstacle in the development of the industry.

The research report presents a comprehensive assessment of the moonshine market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, flavours, distribution channel & region

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Moonshine: Market Segmentation

By Flavor

Flavoured
Original
Apple Pie
Blackberry
Cherries
Lemon Drop
White Lightning
Peach
Strawberry
Non-Flavoured

By Price Range

Low Range
Mid-Range
High Range

By Distribution Channel

B2B
B2C
Hypermarkets / Supermarkets
Online Retail
Specialty Store
Convenience Store

Land Survey Equipment Market overview worth US$ 12.8 billion by 2026 – Exclusive Report by Futuremarketinsights, inc.

Global sales of land survey equipment market overview According to the latest FMI insights, are expected to be worth more over US$ 6.0 billion in 2021, with a consistent long-term forecast. According to the analysis, the market would grow at a CAGR of more than 7.80 percent between 2021 and 2031. According to the study, the global land survey equipment market is anticipated to be worth US$ 12.8 billion by 2031.

Level survey equipment systems are projected to stay prominent among available options. Meanwhile, demand for global positioning system (GPS) field survey equipment would rise by 6.7 percent CAGR in 2021.

The developments in automotive and marine applications are also driving up demand for land survey equipment. The land survey equipment market is anticipated to benefit significantly from an increasing fleet of linked and autonomous vehicles, as well as the increased use of GNNS systems in small marine applications.

The growing number of manufacturers working on research & development for Land Survey equipment is expected to contribute to market growth in the coming years.

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Key Takeaways from Land Survey Equipment Market Study

Because of its low cost and wide application, level equipment is expected to account for roughly half of the market in terms of volume over the projected period.
The inspection segment is expected to account for more than 29 percent of the market in terms of application by 2031, owing to the increasing usage of inspection techniques in the construction sector.
Europe will remain a primary market, with a share of more than 27 percent by the end of the projected period.
Over the next decade, the markets in India and China are expected to grow at a CAGR of around 8.3 percent and 7.6 percent, respectively.
With a valuation of around US$ 271.0 Mn in 2021, the Nordics are developing as an important market in Europe.

“The land survey equipment market is growing at a strong pace, driven largely by increasing demand for energy efficient and precise measuring equipment. Increasing upstream and downstream exploration in oil & gas and mining coupled with rising adoption of drone technology in surveying are propelling growth of the market,” says a FMI analyst.

Competitive Analysis:

The land survey equipment market is moderately consolidated, with the top players controlling more than 30% of the market. To preserve their market presence, these businesses are expected to invest in new technology innovations, distribution network growth, and partnerships with significant end-users.

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Trimble Inc., Hexagon AB, Topcon, Beijing UniStrong Science & Technology Co., South Surveying & Mapping Instrument Co., Ltd., and Hi-Target Surveying Instrument Co., Ltd. are among the leading players in this business.

Land Survey Equipment Market by Category

By Product Type:

GNSS
Theodolite
Level Equipment
Total Station
Laser Scanning
UAV
GIS Asset Collection
Data Collectors

By Application:

Inspection
Monitoring
Volumetric Calculation
Layout Points

By End Use:

Oil & Gas
Construction
- By Government
- By Non-Government
Mining
Agriculture
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

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About Future Market Insights (FMI)

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

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Dust Extractors Market shares – Global Revenue Growth Expectations in the Near Future

In 2022, sales in the dust extractors market Market shares are anticipated to reach US$ 2.2 billion. The market is anticipated to grow at a healthy 8.5% CAGR to reach US$ 3.6 Bn by 2028.

Sales in the market are expected to increase as a result of the growing need to improve the quality of the air that is released as a result of commercial and industrial operations.

Additionally, the market is likely to expand due to these extractors’ capacity to gather unwelcome impurities, trash, and dust from the area where they are installed.

In addition, it is anticipated that increased knowledge about dust control products in the cement manufacturing industry will increase demand. Additionally, it is anticipated that the rapid development of technologically advanced dust extraction systems will support.

Increasing need to enhance the quality of air that is being released from industrial and commercial activities is set to drive the sales in the market.

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Also, the ability of these extractors to collect unwanted impurities, debris, and dust from the surroundings where they are being installed is likely to propel the growth of the market.

Besides this, rising awareness about dust control products in the cement manufacturing industry is anticipated to spur demand. Coupled with this, surging development of technologically advanced systems for dust extraction is projected to fuel the market in the forthcoming years.

While adoption of dust extractors in medium dust class will retain a dominant share over that in the low dust class in the long run, the latter is highly likely to outpace former owing to the impressive growth of commercial building sector.

Sales are likely to experience a considerable hike in the forthcoming years, as the demand from major end-use sectors, particularly commercial building and offices, is on a constant rise.

Construction sites, though envisaged to remain key demand generator in the dust extractor space, will be closely trailed by the wood working segment.

The report positions wood working applications of dust extractors market as an important demand contributor to the market and projects a healthy rate of growth for the dust extractor demand in wood working segment.

DYI Applications Boosting Potential of Online Sales Channels

Growing number of projects in the commercial space construction landscape will remain a significant booster for the demand growth of dust extractors at a global level. Moreover, noteworthy increase in the number of DIY applications, strongly backed by flourishing online retail channels, has been cited in the report as important factors impacting the growth of dust extractor market in years to come.

The report has attributed growth of DIY applications segment to the progress of home improvement industry, observed in the recent past.

In the light of success registered by leading online distributors of DIY vacuum cleaners such as Amazon, EBay, Alibaba, and ShopClues among others, a number of organizations are strategizing their entry to the E-commerce space.

The report projects that power tools sales are likely to emerge as a popular strategy among players, which are stepping in the online retail world for DYI vacuum cleaner sales.

Growing consumer preference for online channels while shopping DIY application tools is instrumenting accelerated online sales of dust extractors, as per the report findings.

However, high price point associated with high-capacity vacuum cleaners will continue to restrain the accelerated growth of dust extractor market in the long run.

In line with the potential competitive edge offered by dust extractor models with compact dimensional design and light weight, key manufacturers are following the growing trend of high R&D investments in innovative product launches.

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Japan to Rise as the Industry’s Manufacturing Hub

Europe is envisaged to emerge as a highly profitable region for the prominent consumers of dust extractors, towards the end of the forecast period.

Currently, the US and Germany represent the most prominent countries generating significant demand for dust extractors, subsequently benefiting the markets in North America and Western Europe, respectively.

According to the report, the demand for dust extractors in developed regions will continue to be favorably influenced by the stringent regulatory framework of regional governments regarding the usage of vacuum cleaners.

Furthermore, Japan is also anticipated to be a lucrative regional market for dust extractors, in terms of value and volume.

FMI’s analysis also depicts that Japan is currently reflecting the potential to develop into the new manufacturing hub.

MEA is also projected to remain a prominent regional market for dust extractor sales, which has been primarily attributed to the robust growth of key end-use sectors across the region.

Dust Extractor Market: Vendor Landscape

The dust extractor market is largely fragmented, as a result of the strong presence of a large number of local and established players. The report provides details of some of the key players in the global dust extractor market, such as Milwaukee Tool, Alfred Kärcher SE & Co. KG, Makitra Corporation, Hilti Group, Robert Bosch GmbH, DeWalt (acquired by Stanley), Metabowerke GmbH, Panasonic Corporation, Nilfisk Inc., Tennant Company, Numatic International Ltd., Electrostar GmbH (Starmix), Bisell Inc., Fiorentini / Clemas & Co., Verimark (Pty) Ltd., and C & E Fein GmbH.

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About Future Market Insights (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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Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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