Market Research Blog

The Horse Riding Equipment market’s the analysis’s shortcomings and future opportunities. The growth trend of the world market for horse riding equipment is shown. Untapped potential and market share held by several industrial categories are shown by the research.

The study offers a thorough examination of the competitive environment, key development factors, and opportunities for the global horse riding equipment market.

Horse Riding Equipment Market Outlook & Key Findings

• Global horse riding equipment market to register a CAGR of 4% during the forecast period of 2020 and 2030
• Increasing participation in horse riding as a result of social media influencers to strengthen revenue streams
• Training and practice for Olympics 2021 to ensure consistent demand for horse riding equipment
• South Asia and Pacific to remain manufacturing hub for horse riding equipment as labor remains an affordable resource
• Luxury helmets and other gear to still remain an attractive segment as the notion of elitist sport continues

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Fashion Trends Define Design and Production of Horse Riding Equipment

Fashion has been at the focal point of booming horse riding equipment market just as much as performance in the actual sport has been. For decades, brands such as U.S Polo have led the fashion dynamic in the horse riding sphere.

From t-shirts, team jerseys, boots, and other products, the company has made itself synonymous with the sport.

Future Market Insights predicts that global dynamics in the horse riding equipment will be significantly driven by fashion trends, often characterized as sophisticated and minimalist.

Entry of new players in the market such as Decathlon, which offers equipment at far lesser price, uncompromised quality, and in tandem with latest fashion trends, it has lured in wider number of consumers, creating a stiff competition.

Equestrian fashion is adapting to technological advancements with fabrics that are resistant to dirt and water and offer better gripping. Better cuts for improved mobility and increased safety function of helmets along with utmost comfort have helped the vendors in the market to make their mark.

Vendors are also catering to the uber luxury side of this market to retain the “elite” status and to continue the legacy of it primarily being a royal sport. For instance, dressage, is expected to see introduction of exquisite new designs exhibiting individual style and national colours.

To this end, Charles Owen, a holder of a Royal Warrant and supplier to the Royal Mews at Buckingham Palace retail helmets with carefully inlaid crystals to removable sun visors, which showcases the legacy of this riding sport.

Thus, an appeal to both the consumers from both ends of the spectrum to the ones the middle is expected to boost the demand for horse riding equipment in the coming ten years.

Social Media Makes it Mark in Horse Riding Equipment Market

The role of social media in influencing youngsters to take up riding lessons cannot be denied. The fad of projecting an image has actually worked in favour of the global horse riding equipment market as more and more young people are taking to riding.

The popularity of the sport has been largely driven by the explosion of social media and growing number of celebrities influencing the riding for leisure or sport. While motivation to pursue horse riding might be high on vanity metric, analysts predict that is could lead to authentic engagement in the years to come.

This shift in perception is projected to play a critical role in fuelling the sale of horse riding equipment between 2020 and 2030.

In the coming years, manufacturers of horse riding equipment, especially apparel, will witness a strengthening trend of choices dictated by influencers and celebrities.

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Horse Riding Equipment Market: Segmentation

By Product

• Helmets
• Vests
• Stirrups
• Saddle
• Halters
• Bridles
• Accessories
• Others

By Price Range

• Mass
• Premium

 By Material Type

•  Wooden
• Metal
• Plastic
• Leather
• Others

By Equipment Type

• Equine Equipment
• Rider Equipment

By Consumer Orientation

• Male
• Female
• Kids

By End-user

• Amateurs
• Professionals

By Sales Channel

• Hypermarket/Supermarket
• Independent Sports Outlet
• Sports Retail Chain
• Franchised Sports Outlet
• Direct-to-Customer Online Channel
• Direct-to-Customer Institutional Channel
• Modern Trade Channels
• Third Party Online Channels

Key players covered in the report include:

• Dainese
• Georg Kieffer Sattlerwarenfabrik GmbH
• Decathlon
• Cavallo GmbH
• Antares Sellier
• Fabtron Inc.
• Mountain Horse
• HKM Sports Equipment.

Check Related Links Here: 

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https://www.scribd.com/document/596899409/USA-Mobility-Market-Will-Increase-at-a-Healthy-CAGR-Of

About Future Market Insights (FMI)

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

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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In terms of revenue during the forecast years, the global foaming creamer market is projected to expand at a CAGR of around 3.6%.

While the coffee market has seen substantial growth in the recent past, coffee additives such as foaming creamers have also been witnessing significant consumption. According to a new intelligence outlook presented by Future Market Insights, the global demand for foaming creamers is anticipated to experience moderate growth over coming years – prominently driven by the expanding coffee market. Especially in Europe and the US.

Foaming creamers are also available for instant beverages, and these can be used for beverage mixes too. The other type of foaming creamer is the cold water soluble foaming creamer that is predominantly used in the foodservice industry.

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Gourmet Coffee Remains a Primary Push Factor 

Around 59% people based in the US prefer to consume gourmet coffee, daily, as indicated by the US National Coffee Association. Similarly, the liking for gourmet coffee is increasing in other regions as well – subsequently elevating the incorporation of foaming creamer in coffee mixes.

As gourmet coffee prominently trends the millennial population, visibly rising millennial preference for café-style foamed coffee is providing a push to foaming creamer demand. Moreover, growing product innovation in the instant beverages/drinks category, coupled with widespread availability of instant or ready-to-drink (RTD) beverage mixes is likely to pave the way for parallel growth in foaming creamer sales.

Non-dairy Foaming Creamer to Emerge Lucrative, Riding on the Price Benefit

In the backdrop of volatile milk prices post 2016, dairy products manufacturers have been facing the challenges posed by reduced pricing.  On the flipside, manufacturers of non-dairy based products continue to capitalize on the relatively stable pricing scenario owing to the stability of the raw material prices. With an expanding consumer population turning to non-dairy, vegan products, it is more likely that non-dairy foaming creamer would discover an improved scope of sales in coming years.

Increasing awareness about the potential health benefits of a vegan lifestyle and the availability of a wide range of dairy alternatives/non-dairy products suitable for the same, will reportedly assist the demand for non-dairy foaming creamer over its dairy-based counterpart. A number of manufacturers of dairy-free foaming creamers are thus likely to strategize on the raw material experimentation.

While both dairy and non-dairy foaming creamers are extensively consumed in commercial applications for preparation of instant beverage mixes, such as coffee-based mixes, milk tea mixes, and cocoa-based mixes, the report also points to surging usage of foaming creamers in dietary supplements such as protein shake powders.

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Global Foaming Creamer Market: Segmentation

Analysis by Base

• Dairy
• Non-Dairy

Analysis by End Use

• Beverage Mixes
  • Coffee-based Mixes
  • Milk Tea Mixes
  • Cocoa-based Mixes
• HoReCa/Foodservice
• Dietary Supplements

Analysis by Function

• Instant
• Cold Water Soluble

Analysis by Region

• North America
• Latin America
• Europe
• Asia Pacific
• ASEAN (Association of South East Asian Nations)
• China
• Middle East & Africa

HoReCa & Food Processing Sectors Contribute Significantly to Market Growth

Steadily increasing cold water-soluble foaming creamer consumption by the foodservice sector is identified to be another strong factor contributing to the growth of foaming creamer marker. The analyst explains, “A majority of operators in food processing and foodservice sectors are adopting foaming creamers in sizeable volumes in an effort to eliminate the need for additional manual labor, or foaming equipment, or machinery – saving on the overall production costs. Foodservice or HoReCa sector and food processing entities are thus playing a vital role in supporting the revenue growth of foaming creamer landscape”.

As revealed by the competition tracking, major manufacturers of foaming creamers are projected to invest strategic efforts in penetration into the Southeast Asian region that traditionally has been a tea consuming territory and is gradually developing a preference for foamed coffee. Middle Eastern and Asian countries are also positioned as attractive investment pockets for foaming creamer manufacturers, according to the report.

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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

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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The global hybrid rice seeds market is estimated at USD 2.5 Bn in 2022 and is projected to reach USD 5.6 Bn by 2032, at a CAGR of 8.4% from 2022 to 2032.

Hybrid rice seed varieties are the first filial generation of two distinct parent seeds. These hybrid rice seeds demonstrate superior productivity, raising yields above the high yielding varieties of the original Green Revolution. Hybrid rice seeds fit well for a New Green Revolution, which are a must for meeting the rapidly increasing need of the growing population.

The quality of seeds largely affects the efficiency of the added fertilizers, pesticides, and other agricultural inputs. Hence, to enhance productivity, quality seeds with appropriate properties are needed to develop and be made available to farmers.

Hybrid rice seeds are getting widely acknowledged for their enhanced productivity. Yet, at present, the hybrid rice seeds technology is limited to India, Vietnam, the Philippines, and the U.S., while China is cultivating around half of its rice with hybrid rice seeds. Major limitations are generally due to the hybrid rice seed technology being laborious and intensive, besides the high cost of the seeds. Still, hybrid rice cultivation tops other hybrid crops. FMI predicts that the global market for hybrid rice seeds is expected to grow at a rate of 7.5% in terms of revenue during the forecast years.

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Hybrid Rice Seeds Scenario in Developing Countries at a Glance

The hybrid rice seeds market growth in developing countries is varying from moderate to stagnant, owing to the lack of trained human resources, lack of sufficient water, and unfavorable climatic conditions. Rice producing Asian countries, apart from China, which include India, Indonesia, Bangladesh, the Philippines, Vietnam, Myanmar, and Pakistan, together have 4.5 million hectares of land under hybrid rice seed cultivation.

The area contributes to a small percentage in each country. The U.N. FAO’s regional office in this region has developed a strategy in collaboration with these countries to move toward sustainable food security in Asia. In African countries such as Liberia, Mozambique, Nigeria, Uganda, Madagascar, and Tanzania, cultivation with hybrid rice seeds started in the early 2000s.

The Green Super Rice (GSR) project, which was introduced in some countries in the African continent cultivating hybrid rice seeds, developed in Asia, coordinated by the Chinese Academy Agricultural Sciences, the International Rice Research Institute (IRRI) and Africa Rice, during 2009-2011, succeeded from the yield perspective. However, these hybrid rice seeds are not practical for commercial rice production, since they are susceptible to African diseases.

Developing hybrid rice seeds that have better resistance to these diseases as well as high yield potential will be more beneficial. On the other hand, Egypt has succeeded in producing a local hybrid rice seed variety on a commercial scale through a rice breeding program. With strategic programs and support from the private sector, governments, and leading companies, hybrid rice development in Asia and Africa has a great potential to achieve a breakthrough in the technology related to hybrid rice seeds.

Self-Cloning Hybrid Rice – a Milestone in Hybrid Rice Seeds Technology

Hybrid rice seeds are a product of the hybridization of two good parent rice varieties, which are engineered with desirable traits such as higher yield. Such hybrid rice seeds do not pass the same genetic information to the next generation of seeds. Hence, if farmers need to achieve the same yield the next time, buying new hybrid rice seeds is a must. However, a recent study conducted at the laboratory level shows the possibility of preserving genetic information through the self-cloning of hybrid rice seeds. On December 12, 2018, it was reported that, hybrid rice seeds engineered with CRISPR, a gene-editing tool, can produce such a rice plant that can clone their seeds. Successful commercial production of such hybrid rice seeds can lead to a marvelous improvement in hybrid rice seed technology and overall crop development.

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Global Hybrid Rice Seeds Market by Category

By Grain Size :

• Long Grains
• Medium-sized Grains
• Short Grains

By Durability :

• Up to 110 Days
• 111 to 140 Days
• 140+ Days

By Region :

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

Frequently Asked Questions

• What is the hybrid rice seeds market performing?
• At what rate is the global hybrid rice seeds market expected to grow?
• How was the hybrid rice seeds market performing in the last few years?
• How are market players reacting to the new developments in the hybrid rice seeds market?
• How much share does the top 10 companies in the hybrid rice seeds market hold?
• Which are the major countries driving demand for hybrid rice seeds?

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The sales of ginseng are estimated to be valued at US$ 684.2 Mn in 2021. As per Future Market Insights (FMI), the overall ginseng market value is expected to reach US$ 1,093.6 Mn by 2031, rising at a CAGR of 4.8% for 2021-31. The sales of ginseng will represent approximately 1-2% of the herbal supplements market.

Growing consumer health consciousness is a significant factor in the food industry’s transformation. Customers not only tend to favor healthier meals, but they are more willing than ever before to pay for a non-GMO food products with no artificial ingredients. With the number of food companies looking for additives that include more nutrients in their products, thus the demand for ginseng is expected to rise.

As a result, it is safe to conclude that the ongoing trend is being driven by a growing interest in health and wellness. This has also led to the inclusion of ginseng as a key component in a number of dietary supplements. Because these supplements are non-GMO and organic, their market demand is expected to remain high.

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Key Takeaways:

• China is expected to remain one of the most lucrative markets for ginseng around the world. This is expected to give impetus to the overall Asia Pacific market.
• Besides China, Korea has emerged as a leading consumer of ginseng.
• Among end users, pharmaceuticals segment is forecast to exhibit high demand. Through the course of the forecast period it is expected to represent a considerably high share of the market.
• Anti-oxidant and anti-inflammatory properties of ginseng boosts its application across diverse sectors.
• Ginseng can help improving heart health and reduce cancer risk. As a result of this, it is increasingly used in food products.

Consumer’s Willingness to Spend on Healthy Food Products Creates Growth Prospects

The increasing number of health conscious consumers creates a lucrative demography for the ginseng market. Consumers’ preference towards healthy food products is not just linked to their awareness, but willingness to spend higher on non-GMO food. Ensuring that a food product does not contain artificial additives is a major factor determining its future in the market. Furthermore, it is a masterstroke when a manufacture is able to attain approvals from legitimate international authorities. These factors pave way for the market’s growth.

The anti-inflammatory and anti-oxidant properties of ginseng helps in improving the overall immunity system of humans. For instance, using Koran ginseng has shown to improve heart health and cognitive functions of brain. Besides this, ginseng is believed to have anti-cancer effects. These benefits spur the use of ginseng in non-GMO food products.

Rising Consumption of Dietary Supplements Boosts Sales Opportunities

Focus on fitness and wellbeing corresponds directly to the increasing health consciousness among consumers. Given the scenario, the demand for dietary supplements is likely to accelerate impressively. The consumption of these supplements is not restricted to a certain age or demography, rather it has considerably surged across age groups. The report suggests that dietary supplements sales could double itself in the forthcoming years. Because ginseng supplements are organic and are often categorized under non-GMO products, their demand is forecast to increase in the near future.

Rising Demand for Plant-based Food Products to Bode Well in Coming Years

The rising demand for healthy and ethically produced products has bolstered the market for plant-based products. These products help in reducing risk of various diseases, mostly transmitted through meat products. This has fueled the demand for plant-based ginseng extracts. These are safe to use and can be incorporated in various personal care products, supplements, pharmaceutical products, food products among others.

Market Segments Covered In Ginseng Industry Analysis

By Source:

• Wild
• Cultivated

By Form:

• Raw
• Powder
• Extract

By Variety:

• Oriental Ginseng
• American Ginseng
• Siberian Ginseng
• Others

By End-use:

• Personal Care Products
• Dietary Supplements
• Food and Beverage Processing
• Pharmaceutical Products

Region:

• North America
• Latin America
• Europe
• Eastern Europe
• APAC excl. China
• China
• Middle East & Africa

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Key Questions Answered in the Report

• How much is the ginseng market current worth?

Currently ginseng market is worth more than US$ 684.2 Mn.

• At what CAGR is the market expected to grow?

Ginseng consumption is expected to grow at a CAGR of around 4.8% during the period 2021-2031.

• How was the performance in the last five years?

In terms of revenue ginseng grew at a CAGR of around 4.9% during 2016-2020

• What are the key trends boosting Ginseng sales?

Development of innovative products, surge of ginseng in personal care industry are the latest trends of ginseng being observed in the market.

• How are market players reacting to the new developments in the market?

Market players are opting for offering products with various claims, new product developments and production capacity expansion.

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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The global linseed oil market is estimated at USD 7.6 Bn in 2022 and is projected to reach USD 13.5 Bn by 2032, at a CAGR of 5.9% from 2022 to 2032. The linseed oil market is expected to acquire ~3% of the overall oilseeds market by 2022 end.

In ancient Egypt, the flax plant was cultivated by the ancient Egyptians to produce linen out of the lignan abundantly present in the plant stem, which was used to wrap mummies. Linseed oil is extracted from the seeds of the flax seed using the extraction or pressing method. For thousands of years, linseed has been consumed as a food and also used as a remedial medicine. According to a new study by Future Market Insights, consumer demand for linseed oil Market is anticipated to experience a meteoric rise, aided by the high content of the omega-3 fatty acids, among the health conscious populace, globally.

Linseed oil, often termed as flaxseed oil, is derived from the ripened, dried seeds of the flax plant belonging to the Linum family. Linseed oil generally tends to be colorless to yellowish in color. The flax plant is one of the oldest plants on Earth, and has been cultivated even by ancient civilizations. The flax plant and linseed oil have been benefiting many generations of humans as well as animals, be it in the production of linen, ropes from the stem, or providing health benefits with medicinal properties.

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Global Linseed oil Market: Segmentation

By Nature:

• Organic
• Conventional

By Product Type:

• Raw Linseed Oil
• Boiled Linseed Oil
• Double-boiled Linseed Oil
• Others

By Application:

• Dietary Food
• Pharmaceuticals
• Paint & Textile Industry
• Leather Industry
• Animal Feed
• Personal Care
• Processed Food
• Others

By Distribution Channel:

• Online Retailers
• Grocery Stores
• Wholesalers
• Supermarkets

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Japan
• Asia Pacific excluding Japan (APEJ)
• Middle East & Africa

Linseed Oil Market Share Shifting from Industrial Use to Dietary Supplements

Up until World War II, the utilization of linseed oil was dominantly occupied by protective coating and other allied manufactured products such as linoleum, patent leather, oil clothing, etc. With extensive research and development, various alternatives are replacing the use of linseed oil in paints and varnishes. For example, the development of vinyl floor coverings replacing linoleum, latex interior paints replacing linseed oil in paint, cotton cloth replacing linen. However, with the advent of research and many technological developments, linseed oil has emerged as a dietary supplement, owing to the presence of omega-3 fatty acids, a polyunsaturated fatty acid.

These fatty acids are beneficial in various ways, such as improving heart health, treating constipation and diarrhea, helping in weight management, reducing inflammation, rheumatoid arthritis treatment, and cancer treatment. With the increasing prevalence of chronic diseases all over the world, dietary supplements are experiencing a tremendous rise in demand, supporting an increase in global linseed oil demand. The global market for linseed oil is expected to gain significant momentum, and register a growth of 5.5% in terms of value between 2018 and 2027.

Surge of Linseed Oil in the Cosmetic Industry Bolstering Global Demand

The need for good looks to create a good impression has led to humongous growth in the cosmetic industry in recent times. European and Asian countries such as South Korea, Japan, China, Germany, and Switzerland have seen an enormous boom in the cosmetic industry. Linseed oil is used in moisturizers, creams, and skin and hair products as a source of an omega-3 fatty acid. According to FMI analysts, the global demand for linseed oil in the cosmetic industry is likely to boost the overall demand for linseed oil.

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Organically Produced Linseed Oil to Attract the Millennial Generation

The use of chemicals for improved crop production yield has been confirmed to decrease the soil quality and overall productivity. Moreover, these chemicals enter into human body through consumed food. On the other hand, organically produced linseed oil crops tend to preserve the quality of the soil, and have an improved flavor and taste. Consumers are inclined to buy organic products that are marketed as supreme and premium quality products, even though they cost more as compared to conventionally produced linseed oil. Linseed oil manufacturers have successfully kept track of the current trend and consumer needs, and are turning away from using conventionally produced linseed oil.

Key Questions Answered in the Report

• What is the demand for the linseed oil in the market?
• At what rate is the global linseed oil market expected to grow?
• How was the linseed oil market performing in the last few years?
• How are market players reacting to the new developments in the linseed oil market?
• How much share does the top 10 companies in the linseed oil market hold?
• Which are the major countries driving demand for linseed oil?

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Newly released data from almond flour market analysis shows that global demand of the overall almond flour market is anticipated to grew at a Y-o-Y of 8.1% in 2021 to a total of USD 1,572.8 Mn.

One of the first in gluten-free flours category, almond flour is significantly used within the bakery sector. The report opines that bakery will remain the prime consumer of almond flour through 2028, whereas emerging application areas such as dietary supplements and cosmetics & personal care products would be presenting lucrative opportunities to market players. Greater emphasis of agriculture promotion groups on setting sustainable standards for the almond cultivation space is projected to be an important factor that would shape the market for almond flour in the near future.

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The demand for the organic flour segment increased by 8.0% between 2020 and 2021, giving the combined almond flour market year-over-year growth of 8.1% in 2021, according to the FMI’s report.

Key Takeaways – Almond Flour Market Report

• Although gluten-free/non-traditional flours are yet to mainstream, they have been capturing a considerable shelf space at retail stores, since the recent past.
• Almond flour will witness accelerating consumer preference in the following years, with momentous expansion of vegan and paleo diet trends.
• Blanched almond flour remains preferred over natural or unblanched almond flour, particularly among bakery sector operators. This preference is attributed to the former’s superior texturizing properties.
• Bakery sector, among all the industrial end users of almond flour, will continue to account for more than 50% share in the market.
• The high-protein, low-carb profile of almond flour makes it a desirable ingredient for the manufacturers of dietary supplements.
• High price point would remain a longstanding challenge to the growth of almond flour market.
• Europe is projected to remain the significantly lucrative market for almond flour sales through 2028.

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Market Leaders Emphasizing Application-specific Almond Products

Blue Diamond Growers, Inc., the almond specialist, recently launched a few products to extend the company’s existing line-up. Some of the latest introduced products by the company include crackers made with almond flour and the refrigerated almond flour. While the former is successfully capturing retail shelves, the latter will witness spectacular sales owing to its higher shelf life. Eying the opportunities abound in consumer branded products, Blue Diamond Growers is innovating its almond flour offerings specifically for baking.

Besides Blue Diamond Growers, Inc., the report covers some of the globally leading almond flour manufacturers, including Bob’s Red Mill, and Almondco Australia Ltd. The market for almond flour remains a fairly consolidated competition landscape, as the top five players continue to contribute nearly 40% revenues to the market. Companies are focusing on brand positioning and promotions in the premium healthy ingredients category. Several brands are looking up to capitalize on the expanding conscientious as well as affluent consumer base across developing economies.

Segmentation:

By End User:

• Household
• Food and Beverage
• Industrial
• Cosmetics
• Dietary Supplements
• Others

By Form:

• Blanched
• Natural

By Nature:

• Organic
• Conventional

By Distribution Channel:

• Direct
• Indirect
  • Pharmacy Stores
  • E-retailers
  • Specialty stores
  • Supermarkets

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Key Questions Answered in the Report

• How much is the current worth of the almond flour market?

Currently almond flour market is worth more than USD 1,572.8 Mn.

• At what CAGR is the market expected to grow?

Almond flour consumption is expected to grow at a CAGR of around 8.3% during the period 2022-2032.

• How was the performance in the last five years?

In terms of revenue, the almond flour market grew at a CAGR of around 7.1% during 2017-2021.

• What is the demand outlook forecast for the extruded snacks market?

The global almond flour market was forecasted to surpass USD 3,536.9 Mn by the end of 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 10-years.

Contact:

Future Market Insights Inc.

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In a recent study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects a favorable demand outlook for the global matcha market during the forecast period 2021 to 2031. The global matcha sales are poised to total US$ 2.28 Bn in 2021, exhibiting a stellar 10.2% CAGR.

Increasing applications of matcha in diverse end-use sectors such as food and beverage, personal care, and foodservice are driving sales in the market. Apart from this, growing preference for non-alcoholic beverages among millennials is providing tailwinds to market sales.

Matcha is termed as a ‘superfood’ in the food industry as it is packed with vital nutrients and minerals. Loaded with antioxidants, vitamin A and C, and minerals such as potassium, calcium, and magnesium, matcha is becoming a frequently used product in households.

Health benefits derived from matcha are key factors propelling sales in the market. Matcha can potentially combat cholesterol, liver damage and improves the calorie-burning process, making it an ideal choice of beverage among weight watchers.

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In addition, matcha has anti-inflammatory properties that catechins that help in countering hormonal acne. This factor is driving applications of matcha in skincare and personal care products such as moisturizers, lotions, cleansers, and serums, further augmenting the market growth.

Growing consumers’ preference towards plant-based and clean ingredients in packaged food products such as snacks, ready-to-drink beverages, and desserts are encouraging product innovations in the matcha market.

As per FMI’s analysis, the U.S. is anticipated to emerge as a lucrative market. Rising demand for plant-based and organic products, coupled with presence of leading players in the country will augment market growth.

Key Takeaways:

• Sales of culinary grade matcha are estimated to remain high through 2031, owing to increasing applications in food and beverages.
• Organic match will emerge as the most preferred type.
• Foodservice segment is anticipated to dominate the end-use segment, due to high demand for matcha-based dishes and beverages in restaurants and cafes.
• Stand-up pouches will account for the maximum market share, due to convenient and easy storage features.
• Indirect sales will hold maximum market share in terms of sales channel type.
• The U.S. is anticipated to experience high demand in the matcha market, owing to growing consumer preference towards plant-based food products. As per the market survey, North America is expected to exhibit a positive 8.7% CAGR through 2031.
• The U.K. will exhibit high demand for matcha-based products, due to increasing applications in personal care products and household consumption. FMI projects the European matcha market to grow at a healthy 9.4% CAGR.
• Being one of the leading exporters of matcha tea, Japan will emerge as an attractive market, with innovative product developments and key players in the market.
• South Korea is expected to account for 4.7% of the total market share.

Competitive Landscape

ITO EN Ltd., Tata Global Beverages Ltd., Starbucks Corporation, The Hain Celestial Group Inc., Unilever PLC, Aiya-Co. Ltd., The AOI Tea Company, McCormick & Company, Inc., Matchaah Holdings Inc., The Republic of Tea, Clearspring Ltd., Andrews & George Company Limited, Green Foods Corporation, Marukyu-Koyamaen Co. Ltd., and Foodchem International Corporation are some leading players profiled by FMI.

Leading players comprise ITO EN Ltd., Tata Global Beverages Ltd., Starbucks Corporation,  Unilever PLC, McCormick & Company, Inc., holding 15-20% of the total market share.

Key companies operating in the global matcha market are investing in acquisitions and collaborations to expand their product offerings in various regions. Apart from this, product innovations and launches will be prominent growth strategies among leading players through 2031. For instance:

• In July 2021, Starbuck Coffee Company partnered with Caribbean Coffee Traders Limited (CCTL) to open its first store in the island of Barbados. The new coffeehouse opened at Haggatt Hall in St. Michael introduces customers to the Starbucks coffeehouse experience by offering a variety of aromas and locally sourced products with a signature Starbucks twist.
• In October 2020, Canadian private equity firm Clearspring Capital Partners acquired a majority stake in Regal Confections, a Canadian distributor of global sweets and chocolate confectionery brands. The acquisition will potentially strengthen Regal’s product portfolio and aid the company’s growth.

Matcha Market by Category

By Grade Type: 

• Ceremonial
• Classic
• Café
• Culinary

By Nature Type:

• Organic
• Conventional

By End-Use Type:

• Food Processing
• Beverage Processing
• Personal Care
• Foodservice
  • Tea Shops/Café
  • Restaurants
• Institutional
• Household

By Packaging Type:

• Bulk Bags
• Cartons
• Sachets
• Stand Up Pouches
• Tins

By Sales Channel Type:

• Direct Sales
• Indirect Sales
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailing

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• China
• Japan
• Southeast Asia and rest of Asia Pacific
• Middle East & Africa

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Key Questions Answered in the Report

• What is the current matcha market value?

The global matcha market is forecast to reach US$ 2.28 Bn in 2021.

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

The global matcha market experienced healthy growth between 2016 and 2020, registering a positive 8.4% CAGR.

• What are the key trends driving matcha sales?

Growing preference for non-alcoholic beverages among millennials, coupled with increasing applications of matcha in skincare and food & beverage industries are driving matcha sales.

• What will be the matcha market share in Europe?

The European matcha market is poised to expand at an impressive 9.4% CAGR.

• What is the current market share of South Korea in the global Matcha market?

South Korea is anticipated to hold 4.7% of the global matcha market share.

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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The worldwide bamboos Products market will grow at a high double-digit CAGR from 2022 to 2029, reaching a value of US$ 12 billion in 2029.

Demand for bamboos is expected to rise primarily due to rising demand from key end-use sectors such as paper & pulp, building & construction, textile, and wood. According to a new Future Market Insights (FMI) analysis,

Bamboo is a multi-purpose forest product that is important in both residential and industrial economies around the world. Due to its availability and versatility, bamboo and bamboo-based products are utilised for a wide range of interior and outdoor applications.

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Key Takeaways – Bamboos Market Study

The pulp & paper end-use industry segment in the global bamboos market is witnessing high growth, and is expected to follow the same trend over the forecast period owing to utilization of bamboo as a raw material in the production of paper & pulp.

Bamboo produces about 35% more oxygen as compared to other trees. Additionally, its biomass is an efficient and cheap fuel for power generating units. As a result of this, the power sector is focusing on bamboos as a source of fuel for power generation.

Asia Pacific (APAC) is expected to maintain its dominance in the global bamboos market throughout the forecast period in terms of volume as well as value. This can be mainly attributed to the growing construction industry in China and India, supported by surging infrastructural investments. APAC has more than half of the total bamboo species available in the world.

Thriving penetration of green building technologies is supporting the demand for bamboos due to utilization in construction of scaffolding. Moreover, there is a continuous demand for bamboo furniture, plywood, and outdoor decking in various countries.

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Who Is Winning the Bamboos Landscape?

The global bamboos market is fairly fragmented, with small- and medium-scale enterprises accounting for major market share in the global market. Some of the key market players included in the report are Moso International B.V., Bamboo Village Company Limited, and Shanghai Tenbro Bamboo Textile Co. Ltd.

New product launches and developments are some of the key strategies adopted by market players to retain their position in the global bamboos market. The companies are engaged in continuously participating in different events, conferences, tradeshows and seminars to market their newly launched products across the globe.

Bamboos Market – Regional Analysis

High growth in construction, pulp & paper, and furniture industries is expected to be a key driving factor for bamboos market growth. China is a large exporter of processed bamboo products such as bamboo plaiting, bamboo shoots, bamboo panels, wood charcoal of bamboo, etc., whereas countries such as the U.S., Canada, and other European countries where very small bamboo resources are available import bamboo products requirement from other bamboo-rich countries.

Know More About What the Report Covers

FMI, in its new research report offers an unbiased analysis of the global bamboos market, presenting historical demand data (2014-2021) and forecast statistics for the period 2022-2029. The study reveals insights on the bamboos market and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the bamboos market value chain.

Readers can also find key trends and market growth scenarios based on end-use industry and regions such as North America, Latin America, APAC, and Europe and Middle East & Africa (EMEA).

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Bamboo Products Market By Category

Product Type:

• Lifestyle Products
• Furniture
• Home Décor Items
• Kitchenware & Cutlery
• Personal Accessories
• Yarn & Textiles
• Educational and Recreational Products

End-User:

• Personal and Residential
• Commercial
• Industrial and Infrastructure

Sales Channel:

• Online
• Offline

Region:

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

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About Future Market Insights (FMI)

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

Contact:

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
LinkedIn| Twitter| Blogs