Ready To Drink Shakes Market Is Expected To Accelerating With A CAGR Of 7.5% By 2022-2032

The estimated revenue generated from the global ready-to-drink shakes market is US$ 9 Bn in 2019, and is projected to reach US$ 16 Bn by 2028. The market is therefore projected to rise at a CAGR of ~6% between 2020 and 2028.

Globally, functional drinks are sought after for their high protein content and their demand is likely to rise steadily over the forecast period. A key factor resulting in increasing consumption of functional drinks is the increase in the consumer spending power, especially in developing nations. Ready-to-drink shakes which constitute a category of functional drinks are available in various flavours for retail sales in the global market. Some of these flavours are chocolate, banana, strawberry, among others. The global market of ready-to-drink shakes is analyzed on the basis of various flavours. These products are available for sale in different packaging forms, like bottles, tetra packs/cartons, and cans, which offers heightened convenience. Ready-to-drink shakes are meeting the current health and wellness demand in such a way that the drinks offer high protein amount with added specialty health ingredients.

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Key Takeaways from the Ready to Drink Shake Market Study

  • Obesity is one of the strong issues faced by countries such as the U.S., Canada, Australia, U.K., etc. Ready-to-drink shakes are consumed as a meal replacement to achieve the weight management by restricting the calorie intake.
  • Due to the increased prevalence of the diseases and subsequently rising trend of health and wellness, ready-to-drink shakes market is expected to witness positive growth over the forecast period.
  • Ready-to-drink shakes are being increasingly opted by fitness enthusiasts and athletes, since it allows avoiding the hassle of the mixing of protein powder in the liquid of choice and also the wait.
  • Although, ready-to-drink shakes promise excellent results for gym goers and fitness enthusiasts, the product is still in the introductory phase in developing economies and economies are in transition stage. Therefore, because of the premium nature of the product and its expensive price, the market penetration may get hindered in emerging countries.

“Ready-to-drink shakes market is expected to channel upwards due to the excellent marketing strategies of the key players in the global market, resulting in the positive growth in the emerging markets,” says the FMI analyst.

Easy Availability and Increasing Penetration of Manufacturers and Sellers of Ready-to-Drink Shakes to Positively Impact Growth

Due to the increase in the preference for e-commerce platforms for transaction and shopping, the market reach out of the ready-to-drink shakes is anticipated to increase in the developed and developing economies. The boom in the IT sector has led to the development of the various new and easy ways of the transactions and shopping across various domains. The food and beverage industry is also driven by the increased use of the e-commerce platforms, since consumers have top priority for convenience and ease of doing business. Likewise, e-commerce platforms have enthralled the potential buyers of ready-to-drink shakes due to the easy and increased availability of the products, even in remote areas. Ready-to-drink shakes sales across e-commerce platforms are anticipated to rise over the forecast period and likely to be one of the drivers of the market growth.

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Who is winning?

Some of the key players operating in the Ready to Drink Shake market are Nestlé S.A, Starbucks Corporation, PepsiCo Inc., Monster beverage Co., Lotte Chilsung Beverage Co., The Coca-Cola Company, The J.M Smucker Company, Bolthouse Farms, Inc., Arla Foods amba, Atkin Nutritionals Inc. and others.

  • In 2017, Nestlé acquired an Oakland-based coffee roaster and retailer, ‘Blue Bottle Coffee, Inc.’, to expand its market in the region.
  • In 2017, Nestlé expanded its ready to drink product range in Asia Pacific, majorly in India, Thailand, and Nigeria, by offering healthy on the go beverages for younger people, which included sugar reduced Nesquik and Milo Activ Go.

Get Valuable Insights into Ready to Drink Shake Market

Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global ready-to-drink shakes market, presenting historical demand data (2014-2018) and forecast statistics for the period 2019-2028. The study divulges compelling insights on the ready-to-drink shakes market on the basis of nature (organic and conventional), packaging type (bottles, tetra packs/carton, and cans), flavour (chocolate, banana, strawberry, vanilla, and others), and distribution channel (supermarket/hypermarket, online retail, specialty stores, convenience stores, and other retail format) across six major regions.

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Nutritional Ingredients Market in Animal Feed Market is expected to reach a accelerating with a CAGR of 7.1% by 2022-2032

The global nutritional ingredients in animal feed market is expected to reach a market valuation of USD 93.2 Bn by the year 2022, accelerating with a CAGR of 7.1% by 2022-2032. According to the report, expansion of livestock feed industry and rising per capita meat consumption will stoke growth. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

It includes in-depth insights into the animal feed nutrition market. Some of these are:

  • The estimated value of the market was at USD 184.3 Bn in 2032. Through the course of the report’s forecast period, the market will exhibit a stable growth
  • Regionally, North America emerged as a key market for animal feed nutrition
  • Europe and Latin America will remain steady as key markets for animal feed nutrition
  • In terms of ingredient, soybean meal is expected to holds the largest share in the market
  • Key players are likely to focus on new microbial strains to improve immune function in animals to gain competitive edge in the market

“North America is likely to emerge as a lucrative market for nutritional ingredients in animal feed. The presence of highly aware consumers, in addition to their high per-capita income, supports the expansion of the market in North America,” said a lead analyst at FMI.

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Rising Demand for High Quality Meat Creates Opportunities for Expansion

Farmers are perpetually under the pressure of meeting the rising demand for high-quality meat and other animal products. Besides this, rising awareness and better access to information has rendered consumers highly conscientious. As a result the demand for improved quality and sustainability is at all-time high. In addition to this, an increasing number of consumers are likely to supplement diets with additives such as enzymes, amino acids, vitamins, probiotics, and organic acids. This will in turn create demand for animal feed nutrition.

Who is Winning?

Some of the leading players operating in the animal feed nutrition market are BASF SE, Ingredion Inc., Barentz, Altech Corp. and others.

As a result of increasing competition, manufacturers in the animal feed nutrition market are looking to offer one-stop solutions to their consumers. This is mainly because a majority of these companies want to vertically integrate their business lines to offset competition. In general the market witnesses considerable competition, especially with Chinese companies fighting to secure higher share in the global market.

Experts suggest that in order to gain competitive advantage, market players should focus on developing novel microbial strains and expanding their product portfolio.

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Get Valuable Insights into Animal Feed Nutrition Market

Future Market Insights, in its new report, presents an unbiased analysis of the global animal feed nutrition market, covering historical demand data and forecast figures for the period between 2022 and 2032. The study divulges compelling insights into growth witnessed in the market. In terms of ingredient, the market can be segmented into wheat, corn, soybean meal and oats. Based on type, the market can be classified into minerals, amino acids, enzymes, vitamins, acidifiers, antibiotics, and antioxidants.

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Insect Protein Market Is Expected To Witness A Prominent CAGR Of 9.2% To Reach The Value Of USD 838.5 Mn In 2032

Newly released data on the global insect protein market by FMI Estimated that the insect protein market enjoyed year-on-year (YoY) growth of 8.2% in 2022 and is accounted for USD 349.2 Mn and is expected to witness a prominent CAGR of 9.2% to reach the value of USD 838.5 Mn in 2032. Revenue for the insect-based pet food segment grew by 18% during the period 2017-2021 while the Demand for beetle protein increased by 11% between 2020 and 2021.

The global insect protein market is expected to grow at a stunning 9.2% CAGR from 2022 to 2032. This growth can be attributed to the technology’s quick adoption by both producers and consumers. The economic benefits, productivity improvement, and nutritional value provided by insects are the primary drivers of expansion in the edible insect protein sector.

Because of the higher efficacy of protein and minerals in edible insects like beetles and caterpillars, global insect protein industry is expected to reach USD 349.3 million by 2022. Insect protein producers are profiting from growing public health and environmental concerns about traditional animal proteins.

Caterpillars, that have a spectacular double-digit rate of growth of much more than 10.2%, are followed by beetles, which account for more than a quarter of the marketplace. The nutritional advantages of these edible insects, as well as their widespread availability, are propelling expansion in these categories.

More than three-fifths of the worldwide insect protein market is accounted for by Europe and America. Customers are embracing insect protein items manufactured by up-and-coming start-ups such as Eat Grub and Aspire Group. This increase might be attributed to increased consumer awareness of animal agriculture’s harmful environmental consequences. In these highly industrialised areas, insect protein offers a viable option to the informed customer.

Beef only has 29% nutritional protein, while crickets have 69%. The nutrient value distinction between insect protein and regular protein powder is a significant trend driving this business. Insect cultivation for protein extraction requires 8 to 10 times lesser land, 5 times less freshwater, and produces 6 to 12 times fewer greenhouse gas emissions.

Additionally, as the global public becomes more aware of the harmful effects of animal agriculture, corporations are looking for alternatives. Insects include a wide variety of essential amino acid residues, fatty acids, minerals, and vitamins. Because of its medicinal and operational benefits, insect protein is widely accepted by producers and consumers.

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Key Takeaways from Market Study

  • The insect protein market is expected to expand at CAGRs of 5.8% and 6.1% in Europe and America, respectively, through 2032.
  • The European insect protein market currently holds 27.4% share of the total market.
  • During the timeframe of 2017-2021, revenues for insect-based pet food category increased by 18%.
  • Throughout 2020 and 2021, consumption for beetle protein climbed by 11%.

“Insect protein producers would generate revenue if they targeted the protein industries. Because of the increased need for health supplements goods throughout the world, the food supplements business might be a viable business model for insect protein.,” says a Future Market Insights analyst.

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Competitive Landscape

Insect protein suppliers are investing a lot into studies and technology to ensure the quality of their goods.

  • Eat Grub collaboration with SOK: Eat Grub a significant producer of insect protein located in the United Kingdom, is cooperating with SOK, Finland’s biggest grocery store chain.
  • AgriProtein acquired Millibeter N.V: Millibeter N.V was acquired by AgriProtein in 2018. This deal will assist AgriProtein in establishing its first facility in Belgium. The investment is anticipated to extend the company’s European market.
  • EnviroFlight LLC: The firm launched its first production facility in the United States, and it plans to expand its insect protein extraction plant utilizing Black army flies.

Market Segments Covered in Insect Protein Market Analysis

Insect Type:

  • Beetles
  • Caterpillars
  • Bees, Wasps and Ants
  • Grasshoppers, Locusts and Crickets
  • Others

Form:

  • Whole Insect
  • Powder

Application:

  • Food & Beverages
    • Animal Nutrition
    • Aquafeed
    • Pet Food
    • Poultry Feed
  • Pharmaceuticals & Cosmetics

Region:

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

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Bio Vanillin Market Is Expected To Reach USD 255.2 Million In 2032

According to Future Market Insights (FMI), The Global Bio-Vanillin Market size was estimated at USD 167.32 million in 2021 and expected to reach USD 255.2 million in 2032, at a CAGR 7.4%. Europe Bio vanillin will represent approximately 40% of the overall demand. Bio vanillin market is at its initial development stage, the producers claim their products to be natural and some products have already been approved.

Consumer orientation towards clean labels and organic ingredients has blossomed into an environment conducive for the growth of bio vanillin consumption. It is one of the safest ingredients in the food sector with no side effects.

Bio vanillin enhances the shelf life, flavor, aroma, and taste of several food & beverage products while keeping the nutritional value of foods unaltered. Bio vanillin is widely used as a flavoring agent in pharmaceutical industries since they eliminate the sour taste and odor of medicines.

As compared to synthetically produced vanillin using chemical and plant synthesis, bio vanillin manufacturing results in minimal emission. Hence, the biotechnology route has environmental advantages over synthetic vanillin. The bio vanillin market comprises a few players with impressive production capacities and an extensive regional footprint.

Growing demand for biotech-based products due to their sustainable characteristics and properties over their synthetic counterparts has led to increasing commercialization and utilization of bio vanillin over the past few years, and the trend is expected to not change over the forecast period.

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Competitive Outlook

Biotechnology is at a very nascent stage so vanillin production via biotech process is a capital-intensive procedure, driving bio vanillin producers towards collaboration and amalgamations. The major players in the bio vanillin market are Evolva Holding, Le Saffre, Firmenich SA, Solvay, De Monchy Aromatics, Advanced Biotech, Archer Daniels Midland Company, Givaudan, Omega Ingredients Limited, ENNOLYS, Beijing LYS Chemicals Co., ADM, Axxence Aromatic GmbH,  BERJÉ INC, Comax MFG Corp, Champon Vanilla Inc, and International Flavors and Fragrances among others.

Key Takeaways from the Market Study

  • According to the study by Future Market Insights (FMI), the Global Bio-Vanillin Market size was estimated at USD 167.32 million in 2021.
  • According to FMI, the food and beverages industry will continue to account for the lion’s share in the bio vanillin market, based on application.
  • Fragrances and perfumes are the second most lucrative business domain in the bio vanillin market after food and beverages owing to expanded per capita spending on personal grooming. They account for over 25% of bio vanillin sales.
  • The proliferating demand from growing biotechnology markets such as India, China, Indonesia, Vietnam, Japan, and Malaysia is driving the market in the Asia Pacific region.
  • Synthetic vanillin market size represents over 97% of the overall demand for vanillin, leaving a lot of ambits to explore for the bio vanillin.
  • The growing consumer population leaning towards the utilization of high nutritional and bio-based food and beverage products, especially in developed economies will impel the market growth.
  • The Middle East, thanks to its confectionaries and ice cream industry’s contribution to vanillin consumption, is expected to witness good bio vanillin sales.
  • In developed regions of North America and Europe, regulatory support from authorities will aid market growth. Bio vanillin is positioned as one of the premium products used in foods, drinks, and fragrances.

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“The patents are likely to emerge as entry barriers for companies trying to get into biotechnology. Larger corporations and government organizations with ample capital investments are engaged in continuous research and development for achieving economies of scale for bio vanillin at lower costs of production. Firms should opt for approaches involving joint ventures, alliances, and quality research and development to acquire a large chunk of the global vanillin market,” says a Future Market Insights Analyst.

Market Segmentation

By Application

  • Food & Beverages
    • Ice Cream
    • Bakery and Confectionery
    • Chocolate
    • Other foods
  • Pharmaceuticals
  • Fragrances
  • Cosmetics
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • Middle East & Africa

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Meat Alternative Market Is Projected To Grow At A CAGR Of 33.6% Between 2022 And 2032

According to the recent FMI report, the sales for meat alternatives is expected to witness a value of US$ 6,378.9 Million in 2031, rising at a CAGR of around 12.7% through the end of 2031.

Meat substitutes have been on the market for quite some time. However, it was only after the spread of veganism and flexitarianism that these products began to acquire traction. Previously, there were few meat substitutes available on the market. However, as the vegan movement has grown, new players have entered the market for meat replacements, releasing novel goods that taste exactly like meat.

Furthermore, meat alternatives have their department in retail establishments, which raises customer interest and so creates and improves sales opportunities for market participants. The global meat alternatives market is expected to account for around US$ 5,660.1 Mn in 2021.

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Key Takeaways from the Meat Alternatives Market Study

  • Soy, wheat, faba bean, pea, lentil, rice, and other plant-based proteins are gaining significant market share. These segments are expected to increase rapidly during the next few years. The demand for these plant-based ingredients is increasing as they are increasingly used in innovative vegan meat alternatives.
  • Cultured meat is still in its early stages of development and is projected to remain so for at least a few more years. Technological developments have paved the way for cultured meat to become a viable meat substitute in the future, but not right now.
  • Insect protein contains nearly the same amount of protein as beef protein and has a greater iron concentration. As a result, it is regarded as a very good source of meat alternatives. In North America, the insect protein was only introduced after the FAO released a report in 2013. The number of companies producing these items has risen dramatically.
  • Meat substitutes can be found at most grocery stores and supermarkets. Meat substitutes are available at quick-service restaurants. In some supermarket stores, meat alternatives are beginning to coexist with real meat in the aisles. While meat alternatives distribution isn’t yet up to par, significant businesses are working hard to extend their networks. Carrefour, a European grocery chain, for example, entered the bug market with a line of buffalo worm pasta and granola. Eat Grub, a London-based food firm, is selling bags of roasted crickets at Sainsbury’s and Ocado.

While the concept of meat alternatives has only recently gained popularity, it has been discussed for quite some time. Many products that were not promoted as meat replacements have been available on the market for a long time.  For instance, textured soy protein has been on the market for a long time. The texture, taste and protein content have all been replicated meat, although not completely but partially. However, as the vegan and flexitarian populations have grown, the demand for meat alternatives has expanded significantly.

“Although the traditional meat sector is not slowing down, demand for meat alternatives is steadily increasing. Product development has contributed to the expansion of the meat alternatives industry. Consumers are becoming more interested in the companies’ innovative offers. In the meat alternatives sector, product introductions are expanding by double digits year after year,” says an FMI analyst.

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Who is winning?

Some of the key players operating in the meat alternatives market are According to market research analysis Ingredion Inc., Archer Daniels Midland Company, Cargill Inc., CHS Inc., Wilmar International Ltd., AGT Food & Ingredients, Inc., Beyond Meat Inc., Cargill Inc., CHS Inc., E. I. DU PONT DE NEMOURS AND COMPANY, Glanbia plc, Hügli Holding AG, Impossible Foods Inc., Ingredion Inc., MGP Ingredients, The Kraft Heinz Company, AGRANA, among others.

As the number of consumers opting for meat alternatives is growing, several major meat product manufacturers are entering the market. To meet shifting customer demand, market participants in the meat alternatives market are focusing on innovation, product launches, and increasing their distribution networks.

  • In June 2019, Beyond Meat, Inc. launched a new product for the meat alternatives market, Beyond Beef which started selling in grocery stores across the U.S. Beyond Beef is plant-based ground beef that is made from a combination of proteins such as peas, rice and mung bean and various other spices and is ready to cook.
  • Impossible Foods, Inc. launched Impossible Burger 2.0 at the International Consumer Electronics Show in Las Vegas out textured wheat protein for soy protein concentrate which has switched
  • In 2019, TUNO, a seafood alternative by Atlantic Natural Foods LLC, was launched in the supermarkets of the UK. Morrison became the first retailer in the UK to stock TUNO.

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Potato Flakes Market Is Expected To Grow At A Compound Annual Growth Rate (CAGR) Of 5.3 % From 2022 To 2032

The global market value for the potato flakes market was USD 21,328.3 Mn in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3 % from 2022 to 2032. Potato flakes accounts for 20% of market share in the potato processing market.

The market has grown significantly as a result of the increasing use of potato flakes in baked goods, soups, gravies, convenience foods, as well as other processed food products. Potato flakes are utilized in the preparation of ready-to-eat meals and soups as a thickening agent.

Potato flakes are also used in the production of texturized potato products, snack foods, snack pellets, and other products. Potato flakes, on the other hand, are becoming popular as a replacement for wheat flour and cornstarch, which adds volume to stews, sauces, soups, and broths. The strong growth for potato flakes in the worldwide food sector is anticipated to amplify sales of the potato flakes market forward in the coming years.

Key Takeaways from Market Study

  • The potato flakes market is expected to expand at CAGRs of 5.3% over the forecasted period
  • The European Potato flakes market is currently holding around 30% of value share in 2022.
  • Among the nature type segment of the Potato flakes market, the conventional type potato flakes hold a leading market share.
  • North America and South Asia are regions are estimated to show a greater growth rate over the forecasted period.
  • Revenue from the global potato flakes market was valued at US$ 7,056.8 Mn in 2022 and US$ 11,824.11 Mn in 2032.

 “Food companies in the potato flakes scenery are innovating new ideas to enhance their drum dryer production capacities. They are increasing R&D efforts to develop multifunctional drum dryers that can not only dry but also mill potato mash into flakes or granules.”, says a Future Market Insights analyst.

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Competitive Landscape.

Manufacturers in the potato flakes market are gaining global credibility by providing cutting-edge turnkey solutions to the potato industry, due to the implementation of high-tech drum dryers. The most recent design advancements in drum dryers aid in the production of high-quality food products. As a result, manufacturers in the potato flakes market are able to meet global consumer market for high potato products. Bob’s Red Mill Natural Foods Inc., Idahoan Foods LLC, Goodrich Cereals, McCain Foods Limited, Rixona B.V., Basic American Foods, Inc., Lamb Weston Holdings Inc., Patwary Potato Flakes Ltd., Agrarfrost GmbH & Co. KG, Clarebout Potatoes NV, Iscon Balaji Foods Pvt Limited, Lutosa SA are key players in Potato flakes market

Explore More Valuable Insights

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

Potato Flakes Market by Category

By Product Type, Potato Flakes Market is Segmented as:

  • Business to Consumers
    • Hypermarket/Supermarket
    • Convenience Store
    • Specialty Store
    • Traditional Grocery
    • Online Retailers
  • Business to Business
    • Food Service Industry
    • Food Industry
      • Soups & Premixes
      • Bakery
      • Snacks
      • Frozen Food
      • Baby Food
      • Meat Processing
      • Animal Feed

By Region, Potato Flakes Market is Segmented as:

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

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Infant Formula Ingredients Market Is Expected To Grow At A CAGR Of 7.2%

The global infant formula ingredients market is expected to reach US$ 17,822.5 million by the end of the forecast period in 2029. The growing focus on flavors and digestibility is propelling the market. The market is projected to report a healthy CAGR of ~ 7.3 %. Leading companies focus on expansions and new products over the forecast period.

Key Takeaways of Infant Formula Ingredients Market Study

  • In terms of the type of ingredient, carbohydrates are currently dominating the global infant formula ingredient in overall value. On the other hand, increasing research on the importance of gut health and immunity drive are driving prebiotic infant formula ingredients to display a faster rate of growth.
  • Further, cow milk continues to be a highly preferred source of ingredients for infant formula account for a large portion of all production activity. However, interest in plant based ingredients also supports the adoption of soy based ingredients. In addition, protein hydrolysates are currently in a nascent stage, but is displaying a higher rate of adoption.
  • While liquid and semi liquid ingredients in infant formulas are spread across the industry, powder forms have witnessed the fastest growth, and accounts for the largest segment in the industry.
  • Most infant formula ingredients are used in the production of growing-up milk products for children over 12 months of age. However, rising trends of personalization to meet the unique needs of individual babies are driving the growth of specialty formulas at a faster pace.

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“Manufacturers are focused on introducing premium infant formula ingredients, as awareness about high-quality infant formula necessary for adequate nutritional needs with all key elements and nutrients is gaining popularity.”, says the FMI analyst.

Product launches and Collaboration Drive Growth

The global infant formula ingredients market is largely fragmented and fosters high levels of competitiveness. Consequently, major players are making use of multi-pronged business strategies involving expansions, new product launches, collaborations, and acquisitions to bolster their presence in the international market.

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Get Valuable Insights into Infant Formula Ingredients Market

Ingredient Type

  • Carbohydrates
  • Fats & Oils
  • Proteins
  • Vitamins
  • Minerals
  • Prebiotics
  • Others (Probiotics, Nucleotides, and Emulsifiers)

Source

  • Cow Milk
  • Soy
  • Protein hydrolysates
  • Others (Goat milk and camel milk)

Application

  • Growing-Up Milk (Infants over 12 months)
  • Standard Infant Formula (0-6-month-old infants)
  • Follow-On Formula (6-12 month-old infants)
  • Specialty Formula

Form

  • Powder
  • Liquid & semi-liquid

Region

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

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Galacto Oligosaccharide Market Is Projected To Grow At A Healthy CAGR Of ~ 7.7%

The worldwide galacto oligosaccharides market has been estimated to have a value of US$ 621 million, and grow with a healthy CAGR of ~7.7 %. Increased focus on improvements to the infant nutrition industry to boost gut health and immunity has given a boost to the market, according to Future Market Insights.

Major companies are focusing on research and development to bolster product portfolios, while being in sync with the current trends of the industry. This in turn is expected to support the expansion of the GOS market through the forecast period of 2019-2029.

“Companies need to focus on newer emerging applications in adult nutrition and animal feed. Since the production of GOS is concentrated only in a few countries, companies need a stronger distribution network and sales channels for timely delivery of products to end-user industries,” says the FMI analyst.

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Key Takeaways of the Galacto Oligosaccharides Market Study

  • Galacto oligosaccharide is used primarily as a prebiotic ingredient accounting for more than 96 % of the overall market share. While still in a nascent stage, the function of GOS as a sweetener is projected to grow at an impressive CAGR nearing 11 % through the forecast period.
  • In terms of end user industries, most galacto oligosaccharides products are used in the food and beverage sector, for human consumption, most of which goes into formulations of dietary supplements, followed by dairy products. The use of GOS in animal feeds is fairly new. However this end use application will grow by a strong CAGR of 8.7 %.
  • Europe is the largest market for galacto oligosaccharides accounting surpassing 40 % of the overall market. On the other hand, the APEJ region currently accounts for more than 25 % of the global market is rising at a CAGR surpassing 9.5 %, owing to higher awareness about prebiotics and the development of plant based GOS.
  • Pharmaceutical and personal care applications are also expected to go up with a strong CAGR approximating 8.4 %, with the growth of the nutraceuticals sector, and consumer inclination towards probiotics and prebiotics.

Galacto oligosaccharide GOS products are primarily available in powders and liquid formulations. Of these liquid GOS products are projected to dominate the industry with over 62 % of the global market share through the end of 2029. This can be attributed to a wider spread of applications including products such as fermented milk, yogurt, and more. On the other hand, powdered galacto oligosaccharides are anticipated to grow at a faster rate owing to increased adoption in nutraceutical and infant food formulations.

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Get Valuable Insights into Galacto Oligosaccharides Market

Future Market Insights, in its latest report, presents an unbiased analysis of the global galacto oligosaccharides market, covering historical data and forecast figures for the period between 2019 and 2029. The study provides insights into the growth witnessed in the market. In terms of product type, the market is bifurcated into liquid and powder. On the basis of primary function, the market is split between prebiotic and sweetener. Based on end user, the market can be segmented into food and beverages, pharmaceuticals and personal care, and animal feeds. Regionally, the global market can be segmented into North America, Latin America, Europe, APEJ, Japan, and the Middle East and Africa.

Market Segmentation

The global galacto oligosaccharides market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • Liquid
  • Powder

Primary Function Type

  • Prebotic
  • Sweetener

End-User

  • Food & Beverage
    • Dietary Supplements
    • Bakery Products
    • Dairy Products
    • Others
  • Animal feeds
  • Pharmaceutical and Personal care

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Inactive Dried Yeast Market Conventional Inactive Dried Yeast Is Expected To Hold About 96.9% Share-FMI

The global inactive dried yeast market is projected to show high growth in the coming years, exhibiting a CAGR of 14.6% between 2019 and 2029. The demand from the animal feed industry is rising, giving impetus to the market. Usage of inactive dried yeast in animal feed improves its nutritional content and quality of the final product. This indicates the rising usage of inactive dried yeast in the animal feed industry. Along with that prevalence of chronic diseases such as diabetes, high cholesterol, obesity, and cardiac arrests influence consumers to follow specific diets to minimize risk of such diseases. Whereas inactive dried yeast are low in sodium and salt-free products.

Key Takeaways from the Inactive Dried Yeast Market Study

  • The use of the internet, blogs and social media to access available information about various chemicals and ingredients is increasing. It is a consumer-driven trend since they are getting increasingly worried about the effects of ingredients present in food and cosmetic products. This is changing consumer’s buying pattern and behaviour. This has positively affected demand for natural ingredients in the food and beverage industry.
  • Among various application segments, the usage of inactive dried yeast in the food and beverage industry is most common. Owing to the increasing health awareness and growing preference for a healthy diet with low fat, sugar, salt, and high protein content food, the demand for inactive dried yeast is expected to be more in the forecast period.
  • The global inactive dried yeast market has been segmented on the basis of form, in terms of which powder form holds the major share. However, in the coming years, the capsule form is expected to show optimistic growth due to its increasing use in different industries for multiple purposes.
  • Western Europe and North America are anticipated to dominate the global inactive dried yeast market in terms of value. The demand for inactive dried yeast is considerably high in Latin America, which is expected to show a high growth rate over the forecast period. Due to the increasing health consciousness among the people and their awareness regarding chemical ingredients and their effect on human health, the demand for inactive dried yeast is rising in Latin America.

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“The market for inactive dried yeast is driven mainly by increasing consumption of natural and plant-based food. The market will therefore gain from the ongoing trend of vegan food. Additionally, the tendency of the consumer to adopt the Western style of food habits in emerging countries is increasing the opportunity for inactive dried yeast in the global market owing to the high usage of inactive dried yeast in the backing and confectionary.” says FMI report

Who is winning?

Some of the key players operating in the inactive dried yeast market Koninklijke DSM N.V., Lallemand, Inc., Leiber GmbH, Bio Springer S.A., Associated British Foods Plc, Titan Biotech Limited, Tangshan Top Bio-Technology Co., Ltd., The Archer Daniels Midland Company, Angel Yeast Co., Ltd., Prosol S.p.A., Kormaprom LLC, Sojuz Produkt Pitaniya, Biorigin, Now Food, Kothari Fermentation and Biochem Ltd., and others.

The global inactive dried yeast market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Sales Channel

  • B2B
  • B2C
    • Modern Trade
    • Specialty Store
    • Convenience Store
    • Online Retail
    • Other Sales Channels

Nature

  • Organic
  • Conventional

Form

  • Powder
  • Flakes
  • Tablet
  • Capsule

Fortification

  • Fortified
  • Unfortified

Application

  • Food & Beverage
    • Bakery & Confectionery
    • Beverages
    • Soups, Sauces, & Seasonings
    • Functional Foods
  • Dietary Supplements

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 Several leading market players are opening new units to expand their footprint and product portfolio. Along with that they are adapting new strategies to compete in the market. Besides this, partnership often allows them to gain a competitive advantage.

  • Angel Yeast announced the opening of the second factory in Egypt is expected to be operational. (Production capacity of 35,000 MT).
  • ICC Brazil and Lallemand Inc. entered into the partnership for research, development, and supply of inactive yeast products and derivatives from sugar cane ethanol. Supply of yeast cell wall products and yeast derivatives form ICC Brazil will be marketed under the Lallemand under its brand.
  • Biorigin announced to start the expansion plan of its production in Louisville, U.S. with US$ 3.5 Mn. Which will start in 2019. This venture will double the production capacity of its bio enhance line.

Get Valuable Insights into Inactive Dried Yeast Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global Inactive Dried Yeast market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the inactive dried yeast market based on sales channel (B2B and B2C) based on the nature (organic and conventional Inactive dried yeast), based on fortification (fortified and unfortified) based on form (powder, flakes, tablets, and capsule) and based on application (food & beverages and dietary supplements) across seven major regions.

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

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T: +1-845-579-5705
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Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Vitamin Gummies Market Is Expected To Exhibit A CAGR Of 6.2% To Reach The Value Of US$ 6.8 Bn In 2031

According to Future Market Insights (FMI), the global vitamin gummies market totaled US$ 3.7 Bn in 2021 and is expected to exhibit a CAGR of 6.2% to reach the value of US$ 6.8 Bn in 2031. People are turning to preventive healthcare and healthier options as the number of lifestyle diseases rises.

Governments are stressing upon the usage of natural based ingredients across various sectors. The health supplement industry also covers products derived from natural source. Moreover, due to increased health expenditure and increasing inclination towards natural remedies will result in high demand for natural and organic gummy vitamins.

Because gummy vitamins serve to develop and increase biological function, consumers are gravitating toward them. This has bolstered the sales of health supplements on a huge scale. Furthermore, governments are increasingly funding research into the health benefits of gummy vitamins.

Key Takeaways from the Vitamin Gummies Market Study:

  • North America vitamin gummies market accounts for a dominant share of 29.9% of the global vitamin gummies market in 2021.
  • Multivitamin gummy will remain the top-selling product category it provides benefits of multiple vitamins in just a single gummy.
  • In terms of customer orientation, demand among adults us anticipated to grow at a CAGR of 8.3% during the forecast period.
  • Based on source, animal based source is accounted for 75.5% of the market share in 2021.
  • In terms of sales channel, modern trade is anticipated to register growth at a CAGR of 9.3% during the forecast period.

“Top players in the market are targeting specific health concerns to woo consumers. For instance, some are offering vitamin gummies meant to address hair care issues, while others are focusing on skincare. Additionally, producers are making them available in bottle jars, stand-up pouches, and other user-friendly packaging to provide consumers with greater convenience, which will aid the growth of the market in the coming years,” said a lead FMI analyst

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Gummy Vitamins to Replace Regular Vitamin Pills

Gummy vitamins were introduced as medicine for adults as fat-soluble vitamins A, D, E, and K. These are preferable alternatives for patients who cannot swallow pills. Vitamins are needed to be protected from the acidic environment of the stomach. Hence, gummy vitamins are coated with essential vitamins and minerals which have the ability to retain potency to get absorbed into the body. Gummy vitamins are more palatable than a pill.

Additionally, these are chewable and there is no risk if the product does not break apart. There is a risk associated with breaking apart of tablets when consumed. Gummy vitamins for children help in bone growth and add nutritional content in the body. According to the Honest Company, Inc., gummy multivitamin is a delicious way to get essential vitamins and minerals such as vitamin D3, folic acid, and vitamin C into growing kids’ diets.

Manufacturers Aiming to Offer Holistic Benefits

Increase in demand for gummy vitamins is being witnessed over the past few years, leading to launch of various ingredient specific products but this created difficulty in choosing for appropriate health supplement required by the consumer to suffice their nutritional demand for more than one ingredients. The factor has led to proposing of holistic benefits offered by various manufactures rather than ingredient specific benefits. Thereby, increasing the demand for gummy vitamins due to availability of products offering holistic health benefits.

Who is winning?

Some of the leading companies offering vitamin gummies market are  BAYER AG, Pharmavite, SmartyPants Vitamins, Wellnext Health, Church & Dwight Co. Inc., Life Science Nutritionals, Taura Natural Ingredients Ltd., Viva 5 Corporation, Olly Public Benefit Corporation and others.

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Vitamin Gummies Market Segmentation

By Product Type

  • Single Vitamin Gummy
    • Biotin
    • Omega & DHA
    • Vitamin C
    • CoQ10
    • Vitamin D
    • Melatonin
    • High Fibre Formulas
  • Multivitamin Gummy
  • Probiotic Vitamin Gummy
    • “Bacillus Coagulans”
    • Lactobacillus
    • Bacillus Subtilis
    • Others (Yeast Etc.)

By Customer Orientation

  • Children
  • Adult
    • Men
    • Women

By Source

  • Animal Based
  • Plant-Based

By Packaging type

  • Bottles & Jars
  • Stand-Up Pouches
  • Other Packaging Type

Sales Channel

  • Direct Sales
  • Modern Trade
  • convenience Store
  • departmental Store
  • Specialty Store
  • Drug Store/Pharmacies
  • Online Retailers
  • Other Sales Channels

By Region                                   

  • North America
  • Latin America
  • Europe
  • APEJ
  • CIS & Russia
  • MEA
  • Japan

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com 
Browse Latest Market reports: https://www.futuremarketinsights.com/reports