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The report estimates global tritium light source market analysis to grow at nearly 2.3% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tritium light sources market growth will evolve in the next decade. Global tritium light source sales are set to be valued at US$ 206.4 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

Demand for tritium light sources was moderate in 2020. The COVID-19 outbreak also slowed demand from key end-use sectors such as defence and aerospace, industrial infrastructure, and civil and commercial. However, given the possibility of stimulus in a number of countries, the market’s long-term outlook remains positive.

According to FMI, the market will remain stable, with demand from the defence and aerospace sectors supporting it. New technologies such as tritium sources are expected to be in high demand in the industry. Demand is expected to be especially strong in Asia Pacific emerging markets like China, India, and Indonesia. Rapid growth in the civil and commercial sectors in this region’s urban and semi-urban areas will also help drive market expansion.

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Key Takeaways

• After negative growth in 2020, the market will register a positive 2% Y-o-Y growth in 2021
• Backed by presence of a strong military & defense sector, the U.S. will account for nearly 70% of sales in North America in 2021
• Despite being a leading market, the U.K. will register a moderate 2.5% Y-o-Y growth in 2021
• Germany is forecast to register sluggish growth in demand, while growth in France will remain steady
• Increasing defense budget will continue boosting sales in China, followed by Japan and South Korea

 “Rise in demand for self-illumination in recent years is expected to provide an impetus to tritium light sources sales. Besides this, the demand from the supplier side and from the end-use industries across the globe is propelling the tritium light sources market growth. The decrease in availability of tritium on a global scale might impact the pricing of the tritium light source. The U.S. NRC is implementing regulations for decreasing the production of tritium, which might affect growth in the coming years” says FMI analyst.

North America to Continue Exhibiting High Demand

Developments in commercial, civil and defense aviation across the globe has set the platform for growth in the market and are among the key factors shaping growth of the industry. North America, which approximately holds one third of the market is expected to continue to the trend in the forecast period. The tritium light source industry is expected to grow in U.S., post pandemic due to its usage in exit signs in various public spaces such as theatres, hallways and corridors. Along with the usage of tritium light sources in industrial applications, the tritium light sources market in China is expected to grow attributing towards its sales of GTLS in novelty items like key chains, and navigational items such as compasses.

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Competitive Landscape

The market is fragmented, with key players accounting for approximately one fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are Evenlite Inc, Cammenga, Beta Light, ITTSAN GTLS, MB Microtec AG, SRB Technologies, and Trijicon.

Tritium light source market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of defense and aerospace equipment that meet personalized requirements of consumers. Collaboration with regional defense and aerospace as well as civil and commercial companies as a prime strategy expected magnify in the forecast period.

Tritium Light Source Market

By Visible Color:

• Green
• Yellow
• Red
• Orange
• Blue
• White
• Purple

By Application:

• Directional Markers and Navigation Aids
• Aviation Markers
• Warning Lights / Markers
• Firearm Accessories
• Glow Pads

By End-Use Sector:

• Civil and Commercial
• Industrial Infrastructure
• Defense and Aerospace

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

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The global ginseng extracts market is set to witness rise at a CAGR of 7.7% and top a valuation of US$ 565.6 Mn in the time period of 2032. Ginseng being an herbal supplement, is used to make functional foods with the extract of its plant root containing active elements called ginsenosides.

The product thus naturally has anti-inflammatory and antioxidants qualities, which helps in improving brain function, strengthening immune system of the body, improving erectile dysfunction, and fighting lethargy.

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Key Takeaways from Market Study

• The ginseng extracts market is worth of US$ 269.4 Mn sales in 2022.
• The ginseng extracts market is expected to expand at CAGRs of 7.7% through 2032.
• Global ginseng extracts demand is projected to grow year-on-year (Y-o-Y) growth of 7.3% in 2022.
• The ginseng extracts market is growing with a notable boost towards the production to reach USD 565.6 Mn by 2032.
• Innovative applications, research formulations, and medicinal properties are the factors driving growth of Ginseng Extracts market to be the influencing factors among consumers, which is driving sales of ginseng extracts across global markets.
• Demand for ginseng extracts grew at 6.4% CAGR between 2017 and 2021.
• Korea Ginseng Corp., Clariant, Korean Ginseng Export Corporation, RFI Ingredients, Inc, and Ilhwa Co., Ltd. are expected to be the top players in the industry.
• Siberian ginseng type with capsule form segment of ginseng extracts are in heavy demand from beverage industry carrying a notable market share.

Further, the product can be used to treat different types of cancer, as well as the treatment of swine flu, anemia, diabetes, gastritis, asthma, and fever. Whereas Panax ginseng extracts is a great deal for the intestinal tract, but the efficacy and quality may vary as per the bioavailability, and the form in which the product is consumed, because when consumed orally, ginsenosides are hard to break down with liver enzymes or gastric juices alone.

However, when the product reaches in the intestine, it is fermented into metabolites inside the colon with the help of gut microflora which are more bioavailable, thus improving energy levels and balancing the metabolism process of the body. As a result, improving digestive system due to the medicinal properties of the product is driving the ginseng extracts market forward as a supplement to the food and beverage industry.

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“Ginseng extract induces the functional properties in food products, such as anti-oxidative, anti-obesity, anti-stress, anti-inflammatory, anti-viral, and even anti-cancer properties, which is likely to drive consumption of the product as an additive in the food and beverage industry with growing demand for functional foods, where key industry players are continuously seeking natural ingredients for healthy foods segments, which is likely to provide new market avenues for ginseng extracts,” says a Future Market Insights analyst.

Competitive Landscape

Key ginseng extracts brands are looking for new strategic partnerships to develop the applications in food and beverage industry, as well as cosmetics and personal care industry, while core business brands are focusing on supplying nutritional and high quality solutions to customers consuming ginseng extracts with several product innovations.

• On 22^nd January 2019, supplier of rare plant extracts, Botalys announced to launch Panax ginseng powder as the most bioactive ingredient in the market, termed as HRG80. Ginseng extracts, used as stress reducing agent, considered to be the king of adaptogens by the company. New product launches under the scheme is featuring various innovative forms including nutritional bars, chocolates, soft chews, chewing gums, gummy bears, burgers, juices, coffee, ready-to-drink (RTD) beverages, tea, and granola.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Ginseng Extracts market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on product type (American ginseng, oriental ginseng, Siberian ginseng, Asian ginseng, and others), form (powder, liquid, tablet, capsule, gel, and others), and application (food & beverages, nutraceuticals & dietary supplements, pharmaceutical, cosmetics & personal care, and others), across seven major regions of the world.

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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.

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https://marketblog.hashnode.dev/fibert-infused-products-market-global-industry-analysis-and-deeper-insights-fmi-2032

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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In a recent market analysis, Future Market Insights (FMI) has projected the global sorbitan esters market to expand at a steady 5.6% CAGR between 2021 and 2031. Driven by increasing applications of sorbitan esters in the food and beverage and personal care industry, the market valuation is forecast to top US$ 756.4 Mn in 2021.

Sorbitan esters are used as surfactants and solubilizers in cosmetics in a wide range of products including skin care products, eye makeup, cleansers, face creams, and other makeup, beauty, and personal care products.

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They are also used as wetting agents and dispersants in cosmetic products, particularly in color cosmetics and sun care products. The accessibility of global brands and higher purchasing power worldwide is expected to drive sales of cosmetics products. As a result, demand for sorbitan esters is projected to increase at a steady pace over the forecast period.

Sorbitan Esters Market: Drivers and Restraints

Sorbitan Ester is an FDA-approved drug that can be used in pharmaceuticals, food and beverages, and cosmetics. These sorbitan esters are used in a variety of applications in the food and beverage sector as solubilizers, stabilizers and emulsifiers. With the constant growth of the global food and beverage industry, it is only natural that it would contribute to the development of the global sorbitan ester market. Additionally, sorbitan esters are gaining popularity as they enable efficient processing and improve aeration, quality and stability of food products.

Another important growth driver for the global market for sorbitan esters is the booming cosmetics and personal care industry.This, along with its application in the pharmaceutical and agricultural industries, is also an important factor in the growth of the global market.

Rising awareness regarding harmful effects of chemicals in food and personal care products is shifting consumers’ preference towards natural ingredients and organically sourced food products. This is compelling manufacturers to launch clean label products in the market, which in turn is boosting sales of sorbitan esters.

Apart from this, sorbitan tristearate is widely utilized as a surface-active component in food and beverages to reduce viscosity. Increasing applications og sorbitan tristearate desserts, garnishes, jams, jellies, and marmalades is expected to spur demand for sorbitan esters in the confectionary sector.

In addition to this, growing utilization of sorbitan esters in cocoa and chocolate products is likely to boost demand for sorbitan esters.

“Increasing demand for sorbitan esters from the pharmaceutical, textile leather, and agriculture industries, coupled with new products launches by manufacturers to meet clean labeling criteria will continue augmenting growth of the global sorbitan esters market over the forecast period,” says an FMI analyst.

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Key Takeaways:

• The food and beverage processing segment is expected to account for 44.4% of the total sorbitan esters market share in 2021.
• Based on form, sales of liquid sorbitan esters are projected to grow at a 5.2% CAGR through 2031.
• The sorbitan tristearate segment is anticipated to account for 29.0% of the total sorbitan esters market share in 2021.
• In terms of grade, the food grade segment is expected to expand at a 5.3% CAGR through 2031.
• The U.S. is projected to account for 82.3% of the total North America sorbitan esters market share.
• Russia will continue exhibiting high demand for sorbitan esters, with sales growing at a 4.0% CAGR.
• Sales of sorbitan esters in Germany are projected to rise at a 4.6% CAGR through 2031.
• Sorbitan esters market in China is expected to expand at a 6.3% CAGR over the forecast period.
• India will emerge as a lucrative market, with sales growing at a healthy 7.4% CAGR through 2031.

Competitive Landscape

Some of the leading companies offering sorbitan esters are:

• Mosselman s.a.
• Danisco
• Penta Manufacturing Company
• Merck KGaA
• Union Derivan
• A.,  Oleon N.V.
• Ivanhoe Industries, LLC,
• Lasenor Emul, S.L.
• Vantage Specialty Chemicals, Inc.
• Lonza AG and others.

Key players operating in the global sorbitan esters market are investing in strategic collaborations, mergers and acquisitions to expand their production facilities and distribution networks. Apart from this, players are focusing on research and development to launch innovative and plant-based sorbitan esters to cater to a growing customer pool.

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More Insights into the Sorbitan Esters Market Report

By Product Type:

• Sorbitan Tristearate
• Sorbitan Monostearate
• Sorbitan Monooleate
• Sorbitan Trioleate
• Sorbitan Monopalmitate
• Sorbitan Monolaurate
• Sorbitan Sesquioleate

By Application:

• Cosmetics and Personal Care Products
  • Facial Care
  • Body Care
  • Others
• Food and Beverage Processing
  • Confectionery
  • Bakery
  • Oil and Fats
  • Non-alcoholic Beverages
  • Alcoholic Beverages
  • Soups, Sauces and Gravies
• Pharmaceuticals
• lubricants and Waxes
• Animal Nutrition and Pet Food
• Industrial
• Textiles

By Form:

• Liquid
• Solid/Powder
• Semisolid/Paste

By Grade:

• Food Grade
• Industrial Grade
• Pharmaceutical Grade

By Region:

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

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https://pressreader.com/article/6755880494257056

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.

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The steel pipes market in the Americas is expected to grow steadily but moderately, with growth in niche sectors such as mining and automotive production. The Americas steel pipes market review is likely to reflect steady. However, the industry is likely to face challenges in terms of substitute pipe materials such as plastic and iron, as well as high production and installation costs for steel fixtures.

Despite the challenges posed by the coronavirus pandemic, demand for steel pipes in the Americas has continued to rise through 2020. Rising public and private sector investments in the energy, oil and gas, and construction sectors are helping to propel the industry forward. According to a new report by Future Market Insights, the sector is expected to grow steadily between 2020 and 2030.

Analysts from FMI have indicated the oil & gas sector applications are projected to be the primary revenue source, especially with the discovery of unconventional sources and processes such as shale and fracking.

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The study by FMI encompasses an overview of the sector, including prominent dynamics of the market. Some of the critical takeaways of the report include:

The Americas steel pipes market was valued at 20.5 billion in 2019, driven largely by the demand from civil infrastructure and the oil & gas sector of the region.

Carbon steel pipe products are major contributors to market revenue, with advantages in easier access and chemical and shock resistance over other steel pipe variants.

Industrial applications, particularly in the oil & gas sectors are generating greater demand than that of construction and mining sectors through 2030.

The United States will remain a major market for steel pipes in the Americas, aided by a vast economy, characterized by steady growth in the past few years. Brazil is likely to reflect relatively positive prospects on the back of changes in government policy.

“The Americas have become a leading region in the production of oil and gas with unconventional resources such as shale gaining the spotlight. With a number of upcoming projects in the United States and Canada demand for steel pipes in the region is expected to surge in the near future,” said a lead analyst at FMI.

Covid-19 Impact on Americas Steel Pipes Market

The coronavirus pandemic has been projected to be moderately impact the Americas steel pipes market. Lockdown restrictions on the manufacturing sector and the mining industry are anticipated to affect raw material supplies and logistics in the supply chain for the short term. Also, the negative effects of the outbreak on the global economy will hurt imports and exports disrupting supply chains.

End use applications, particularly in the automotive and construction sectors, owing to compulsory social distancing regulations are estimated limit market growth. Also, the drop in demand is likely to result in shut down or limited operations at conventional production facilities, in addition to widespread layoffs.

The problems are likely to be compounded by reduced demand for crude oil, restricting expansion plans in the sector. Recovery is likely to be slow owing to continuing uncertainty over the duration of the pandemic.

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Who is Winning?

In its report, Future Market Insights has given detailed analysis on the many strategies being used by manufacturers in the Americas steel pipes market. Key players are emphasizing on investments towards capacity expansions and strategic acquisitions and divestments in line with changing demand in the region.

Some of the leading players in the industry include Arcelor Mittal, Tenaris, Gerdau S/A, American Cast Iron Pipe Company, Baosteel Group Corporation, Evraz plc, Nippon & Sumitomo Steel, and JFE Holdings Corporation among others.

Key Segments

Material type:

• Carbon Steel
• Alloy Steel
• Stainless Steel

End Use:

• Construction

• Residential & Commercial
• Civic Infrastructure

• Mining
• Municipal Water Supply and Treatment Utilities
• Industrial

• Automotive
• Chemicals & Petrochemicals
• Oil & Gas Pipelines
• Power Generation
• Others (textile, pharmaceuticals)

Design:

• Seamless
• Welded

• SAW
• ERW

Country:

• Brazil
• Argentina
• Mexico
• Canada
• U.S.

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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.

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The decorations and inclusions market is valued at USD 7.1 Bn in 2022. It is set to grow at 8.1% CAGR through 2032.

Over 1,300 thousand metric tons of decorations and inclusions were sold in 2018, equaling revenues worth over US$ 8 billion. Key factors fuelling the demand for decorations and inclusions include,

• Rising consumer interest in foods with added inclusions and decorations
• Growing demand among foodservice companies and food product makers in a bid to stand out amid fierce competition
• Manufacturers expanding product portfolio of high-quality decorations, inclusions and toppings

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The FMI study finds that industrial food and beverage processing application registered a significant demand for decorations and inclusions in 2018, amounting to a hefty 75% of the total consumption. Status-quo will continue with buoyancy in the food and beverage processing industry where producers continue to push boundaries of processing with the use of decorations and inclusions.

Processing of baked goods such as cake, pastries and sweet biscuits significantly involves the use of decorations and inclusions as their sales heavily rely on distinct presentation, taste and texture. A similar trend is observed in the processing and marketing of breakfast cereals, confectionery, ice cream & frozen desserts, snack bars and beverages, thereby explaining the use of decorations and inclusions.

Commercial application of decorations and inclusions include shops distributing bakery & pastry and confectionery products. Bakery and pastry shops that offer customized food items through their own processing outlets also register considerable demand for decorations and inclusions.

Preserved/Dried Fruit Pieces Spearhead Demand

The FMI study shows that demand for preserved/dried fruit pieces has remained higher over the past few years and the status-quo is expected to continue in the future. In 2018, preserved/dried fruit pieces accounted for over one-fourth of the global decorations and inclusions consumption.

“Consumer sentiments for healthy ingredients and value-added food products are expected to augur well for the decorations and inclusions market, especially preserved/dried fruit pieces. Chocolate-based decorations and inclusions such as sprinkles, cups, shells and different shapers are witnessing rising popularity and expected to account for over one-fourth of the total consumption in 2019,” says FMI.

Sugar sprinkles and inclusions also witnessed significant consumption in 2018, accounting for one-fifth of the total decorations and inclusions consumption. Increasing demand for gourmet sprinkles in the bakery and confectionery applications is likely to boost demand for sugar sprinkles in the coming years.

Other types of decorations and inclusions include sweetened/caramelized nuts, roast nuts, backed pieces as well as sugar pastes and icings- collectively these products accounted for nearly one-fourth of all decorations and inclusions sold in 2018.

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Global Decorations and Inclusions Market: Segmentation

Analysis by Product:

• Chocolate Sprinkles and Inclusions
• Chocolate Shapes
• Chocolate Cups and Shells
• Sugar Sprinkles and Inclusions
• Sugar Shapes
• Preserved/Dried Fruit Pieces
• Sweetened/Caramelised Nuts
• Roasted  Nuts
• Baked Pieces
• Sugar Pastes & Icings

Analysis by End Use:

• Industrial/Food and Beverage Processing
  • Baked Goods
    • Cakes
    • Pastries
    • Sweet Biscuits
  • Breakfast Cereals
  • Confectioneries
    • Chocolate Confectioneries
    • Sugar Confectioneries
  • Ice Cream and   Frozen Desserts
  • Snack Bars
  • Beverages
• Bakeries and Pastry Shops
• Confectionery Shops
• Restaurants and Hotels
• Household (Retail)

Analysis by Sales Channel:

• Direct Sales/B2B
• Indirect Sales/B2C
  • Intermediate/Bulk Distributors
  • Brick & Mortar Retailers
  • Online Retailers

Analysis by Region:

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

Frequently Asked Questions

• What is the growth rate of the decorations and inclusions market?
• What is the market’s forecasted outlook for 2022-2032?
• What are the major industry drivers?
• What are the key industry strategies of the global decorations and inclusions market?
• What are the major regional markets for decorations and inclusions?
• Which region consumes the highest amount of decorations and inclusions?
• What are the most common types of decorations and inclusions in the market?
• What are the market’s major end use segments?
• What are the Key companies operating in the market?

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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.

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Increasing health consciousness, consistently growing preference for organic food ingredients, and rapidly soaring sales of convenience foods have been shaping the safflower oil market for edible vegetable oils in recent years. Research also points to a significant surge in non-food applications of vegetable oils that contributes significantly to growing demand worldwide.

One of the most sought after non-food applications includes fostering biodiesel production from vegetable oils, which is more likely to improve revenue growth prospects of producers of edible vegetable oils such as safflower oil, according to a recently published market research outlook by Future Market Insights.

The research intelligence presented by FMI forecasts steady growth in the global revenue of safflower oil landscape. In 2019, the safflower oil market value is slated for a just-under 5% growth over that attained in 2018.

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Food Industry Continues to Register High Safflower Oil Consumption

While the vegetable oil landscape is expanding at a robust pace primarily owing to food industry applications, the safflower oil space is more likely to be driven by non-food applications in the near future such as manufacturing of detergents and soaps, and lubricants and greases. Candles manufacturers also register substantial volume consumption of safflower oil, according to the report.

Safflower Oil Market: Segmentation

Analysis by Nature

• Organic
• Conventional

Analysis by Product Type

• High Oleic
• High Linoleic

Analysis by End Use

• Retail/Household
• Foodservice
• Food & Beverage Processing
• Pharmaceuticals
• Dietary Supplements
• Cosmetics & Personal Care
• Others

Analysis by Sales Channel

• Direct Sales
• Modern Trade
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

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Safflower Oil Market

However, the study also reaffirms that the applications of safflower oil in food industry will continue to represent a relatively larger share in the total market revenue. An approximate 10-12% value share currently belongs to the foodservice sector, as indicated by the report.

With rich content of Omega-6 fatty acids, safflower has been a popularly recommended health supplement over the decades. As deficiency of Omega-6 fatty acid prevails among masses, it is more likely that safflower oil would continue to witness considerable demand over coming years. Safflower oil makes a strong contender in the specialized edible oils line-up and serves a vital role in maintaining the cholesterol balance, thereby aids in improvement of atherosclerosis.

Research also proves the role of safflower oil in the regulation of blood sugar levels, which highlights its excellent consumption potential within the expanding diabetic population. Moreover, the report points to growing recommendation of incorporation of safflower oil in daily diet of obese people, creating another high potential opportunity of safflower oil consumption. Other applications of safflower oil including hair care, skincare, immunity management, and regulation of muscle contraction continue to further drive the revenue growth of safflower oil market on a global level.

Asian Market Reflects Significant Revenue Growth Potential

High linoleic acid content marked in the nutritional profile continues to push adoption of safflower oil across consumers in developed regions such as Western Europe, North America, and Japan. Increasing consumer preference for clean labeled packaged/processed food products is providing a strong impetus to organic food ingredients, which is in turn boosting consumption of organic safflower oil by food manufacturers.

Constantly rising demand for edible oils in populous developing countries such as India and China is identified to be a major driving force pinpointing the growth of safflower oil market across Asia Pacific. Evident increase in the awareness about health concerns related to trans-fat is another strong factor accounting for the soaring safflower oil consumption in the region.

Shrinking Cultivation Land Remains a Longstanding Barrier

Shrinking area of oilseeds cultivation land is widening the scope of alternative edible oils other than the popular options such as palm oil, coconut oil, sunflower oil, and soybean oil thereby enhancing revenue growth prospects of safflower cultivators and safflower oil producers across Asian economies.

Indian safflower farmers are facing the competition in recent years owing to contracting cultivation land area. The report says that despite land pressure and the subsequently curtailed safflower oil yield, traditional safflower farmers continue farming with an objective to continue the legacy of safflower oil as a unique edible oil alternative. Leading safflower oil manufacturers based in India are thus projected to focus on health product positioning, according to the report.

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Global Safflower Oil Market Remains a Consolidated Landscape  

India-based Marico Ltd. is the global leader in safflower oil landscape, accounting for over 60% share in the total revenue. The company has been actively focusing on new product launches under the edible oils category to resonate with existing consumer trends. Recently, Marico added a new product to its safflower oil range by Saffola. While this safflower oil has been launched in the premium oil segment, it strategically targets consumers seeking healthful, value-added ingredients.

In a highly consolidated landscape of safflower oil, Connolis LLC, Oilseeds International Ltd., and Spectrum Organic Products LLC also mark the positions of important players. Besides the aforementioned market leaders, the report provides valued insights on company profiles and strategic developments of a number of smaller players, collectively accounting for a mere revenue share of around 5-6% in the global safflower oil marketplace.

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The global fruit pomace market is set to witness growth at a CAGR of 4.1% over the forecast period and might top a valuation of US$ 4.2 Bn by 2032. As of 2022, the fruit pomace market has a valuation of US$ 2.8 bn.

Fruit pomace has wider applicability in the food and beverage industry. It is used to add flavors or colors to different packaged food items or snacks, such as cookies, and to produce beverages, such as wine and alcohol. This increasing demand for unique taste profiles by millennials is predicted to boost market growth in the near future. The by-product of fruit processing is fruit pomace, a rich fiber source and an integral component of the human diet. Adding fruit pomace to various items can increase the levels of dietary fiber content and can enhance nutritional compositions like pectin, antioxidants, minerals, and carbohydrates.

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Additionally, fruit pomace is also being employed in animal feeds specifically because of its eco-friendly nature. Moreover, these play a sound role in maintaining the right ecological balance because of their ability to support sustainable solutions. Additionally, increasing consumption of organic products, coupled with the increasing vegan population, is expected to impact the fruit pomace market positively. This might increase the sales of fruit pomace during the forecast period.

However, one of the most important drivers for the fruit pomace market is the growing health-conscious population. The increase in the number of lifestyle diseases has made more and more people proactive as far as dealing with their health is concerned.

“Increasing cases of veganism, coupled with an increase in the demand for animal feed and plenty of other factors are expected to surge the demand for fruit pomace during the forecast period”, says a Future Market Insights analyst.

Key Takeaways

• The fruit pomace market has a valuation of US$ 2.8 bn as on 2022.
• By 2032, the fruit pomace market is expected to be valued at US$ 4.2 bn.
• The fruit pomace market is expected to progress at a CAGR of 4.1% during the forecast period.
• North America currently dominates the fruit pomace market with a share of nearly 41%.
• Europe is one of the most significant fruit pomace markets.
• Asia Pacific is expected to be the fastest growing market during the forecast period.
• By end use application, animal feed is expected to account for the maximum market value share of the global market by 2032 end
• Indirect channel is expected to account for a higher market share than direct channel by 2032 end

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Competitive Landscape

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base.

Some of the recent developments are:

• In July 2022, Agrana presented at the BIOFACH Nuremberg the products ranging from palm oil-organic cocoa butter crunchies to vegetarian organic Leberkase.
• In April 2022, Louis Dreyfus successfully completed biofuel trial on first carbon neutral juice shipment.

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Key Companies Profiled

• Lemon Concentrate S.L.
• LaBudde Group, Inc.
• Citrosuco S.A.
• Sucocitrico Cutrale Ltd
• Agrana Beteiligungs-AG
• Marshall Ingredients, LLC
• Louis Dreyfus Company B.V.
• Polyphenolics Inc.
• FruitSmart Inc.
• Pacific Coast Fruit Products Ltd.
• GreenField Sp. z o.o.
• Appol sp. z o.o.
• Whole Vine Products

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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.

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The Cottonseed Oil Market is valued at US$ 4 Billion in 2021. The market is likely to grow at a CAGR of 3.2% through 2028, reaching US$ 5 Billion.

Registering decent consumption in retail and industrial sectors, cottonseed oil is gradually gaining ground in the food service provider segment as well. However, according to a new Future Market Insights’ study, the global revenue through cottonseed oil sales will continue to expand at a passive rate.

Towards the end of 2022, the global cottonseed oil sales are likely to cross the valuation of US$ 4 Bn and a majority of it will come from the sales observed in the Asia Pacific region, as reported by the FMI analyst.

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At a mere below-3% year on year revenue growth estimated for 2019 and ahead, the global cottonseed oil landscape reflects a sluggish growth outlook at a global level. The report based on the cottonseed oil market analysis discusses in detail the top two pull factors associated with the declining growth rate of cottonseed oil market revenue.

Gossypol Content of Cottonseed Oil Accounts for the Demand on Lower Side

Although the demand for edible oils, especially cold-pressed variants, is observing a steady upsurge across the globe, cottonseed oil remains an exception. The report cites ample presence of a compound – gossypol – in cottonseed as the key factor responsible for the restricted consumption of cottonseed products, including cottonseed oil.

“While constantly ongoing research is likely to result in lowering the toxicity levels of gossypol content in cottonseed, the overall growth of the demand for cottonseed and derived products such as cottonseed oil remains passive worldwide,” adds the analyst further.

Another strong factor restraining the sales of cottonseed oil is its neutral taste and indistinct flavor, unlike that of other edible oil competitors – as indicated by the FMI report.

Market segmentation

Global Cottonseed Oil Market Segmentation on the Basis of Nature

• Organic
• Conventional

Global Cottonseed Oil Market Segmentation on the Basis of Raw Material

• Genetically Modified Cotton
• Non-genetically Modified Cotton

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Global Cottonseed Oil Market Segmentation on the Basis of Distribution Channel

• Industrial
  • Food Processing Industry
    • Bakery & Confectionery
    • Sauces, Spreads, & Dressings
    • Shortenings/Margarine
    • Others
  • Cosmetics & Personal Care
  • Others
• Food Service Providers
• Retail/Households

Global Cottonseed Oil Market Segmentation on the Basis of Packaging

• Bulk
• Retail
  • Pouches
  • Cans
  • Tins

Global Cottonseed Oil Market Segmentation on the Basis of Distribution Channel

• Direct/B2B
• Indirect/B2C
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Traditional Groceries
  • Online Retail

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China’s Lead Sustains APEJ’s Top Consumer Position in Cottonseed Oil Landscape

Asia Pacific (excluding Japan), the largest cottonseed producer and exporter – and the potential goldmine for leading F&B manufacturers, processors, packagers, and import-export stakeholders – offers a heap of business opportunities increasing the likelihood for businesses to thrive in this regional market. India and China currently hold an almost equal revenue share in the APEJ market for cottonseed oil; however, according to the report, China is witnessing moderate yearly growth in revenue and thus will reflect higher incremental opportunity in the market, in coming years. At present, China accounts for more than 40% share of APEJ’s revenue, closely trailed by India.

Regional and Local Market Players Hold Important Positions in Cottonseed Oil Market

The global landscape of cottonseed oil is characterized by the active presence of a large number of MNCs as well as regional players, of which the former account for around 50% market value share whereas the latter make up for nearly 30% share of the total market value.

The report closely examines significant players in the cottonseed oil market such as Cargill, Incorporated, Archer-Daniels-Midland Company, Wilmar International Ltd, The Nisshin OilliO Group, Ltd, Bunge Limited, and Louis Dreyfus Company B.V. Moreover, the competition tracking involves some of the important regional and local level companies, including Gabani Industries Ltd., Asha Cotton Industries, PYCO Industries, Inc., and Matangi Cotton Industries.

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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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 6 years.

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The sales of whole grain & high fiber is estimated to be valued at US$ 50,872.6 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 105,379.4 Mn by 2032, rising at a CAGR of 7.6% for 2022-32.

Over the past couple of years, consumer preferences and eating patterns have changed. The change in diet is influenced by a range of factors such as higher Internet penetration, rise in awareness about the consumption of healthy food products, rise in concerns over obesity rates, evolving technological factors, food production, etc. Consumers have been taking care and steps regarding the type of food that they consumer on a regular basis.

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Consumers’ rising awareness about the close association between food and health has been turning out to be one of the most important social developments in the recent past. Various factors such as busy lifestyles adopted by consumers, rise in the obese population, and consumption of unhealthy food have been driving the consumers to shift to healthy diets.

Consumers take into account the type of food that they consumer on a day-to-day basis. As a result, products such as whole grain & high fiber foods have been gaining traction over the past couple of years among their target customers. Whole grain & high fiber foods are those products that have been processed into finished products sourced from whole grains or high fiber sources such as seeds & nuts.

These whole grain and high fiber foods contain minimum 51% of whole grains or 10-15% of dietary fiber. These include products such as bakery, breakfast cereals, pastas, and savory snacks. Whole Grain & high fiber foods can also be sourced from multiple whole grain sources. Only finished and packaged products have been considered in the market for whole grain & high fiber foods, and the volume is based on the weight of the entire finished product.

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The importance of whole grain & high fiber foods in the bakery segment has been enduring, owing to the rise in the number of diet conscious consumers. Whole grain & high fiber foods have a wide range of applications in the production of various bakery products such as breads, cakes & pastries, baking ingredients & mixes, and other bakery frozen products.

Segments Covered in Whole Grain & High Fiber Foods Market AnalysisBakery Products:

• Breads
• Cakes & Pastries
• Baking Ingredients & Mixes
• Frozen Products

Breakfast Cereals:

• Flakes
• Muesli & Granola

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Crisps & Crackers:

Snack Bars:

Pastas & Noodles:

Flavour:

• Fruit
• Nuts
• Honey
• Chocolate
• Vanilla
• Others

Source:

• Maize
• Wheat
• Brown Rice
• Oats
• Rye
• Barley
• Quinoa
• Mult-grain
• Others

Packaging Format:

• Bags & Couches
• Folding Cartons
• Trays & Containers
• Cans

Nature:

• Organic
• Conventional

Distribution Channel:

• Direct
• Indirect
  • Hypermarket/Supermarket
  • Discount Stores
  • Convenience Store
  • Specialty Stores
  • Online Retailers
  • Others

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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.

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