Potassium Sorbate Market on Track to Hit USD 112.6 Million by 2033 Amid Rising Demand in Food Sector – FMI Report

Potassium Sorbate Market

According to Future Market Insights (FMI), the worldwide potassium sorbate market is valued at USD 61.1 million in 2023 and it is anticipated to reach USD 112.6 million by 2033.

Over the forecast period 2023 to 2033, global potassium sorbate sales are likely to increase at a CAGR of 6.9%.

The global potassium sorbate industry is increasing rapidly due to consumer demand for safe food and expanding shelf life in a range of sectors. Potassium sorbate, a commonly used ingredient, provides effective protection against microbial growth, ensuring the quality of food sources, beverages, and personal care products.

Due to the increasing usage of handled food sources and lodging food sources globally, the market is mainly filled with the food and refreshment sector. Potassium sulfate is intensely sought after to keep up with item quality and newness due to altering lives and busy plans.

The strict food safety rules imposed by the FDA and the European Food Safety Authority are further fostering market growth. These strict standards are satisfied by potassium sorbate, giving producers a guaranteed way to comply.

North America and Europe have historically led the industry due to pervasive mineral shortages and well-established fortification programs However, there has been rising disposable incomes, increased health consciousness, and expanding middle-class demand in, emerging nations in Asia-Pacific, Latin America, and Africa. Thus they are also contributing to the high demand rapid demand for mineral-rich goods.

Due to the fast urbanization and economic growth of emerging nations, particularly those in Asia-Pacific and Latin America, there is a surge in the use of processed foods and personal care goods.

Manufacturers of potassium sorbate can satisfy the demands of these increasing markets in two ways: by utilizing efficient distribution networks and by customizing goods to local tastes.

The rising demand for food safety, clean-label products, and products with longer shelf lives is expected to drive steady growth in the global market for potassium sorbate in the coming years. To take advantage of market opportunities and keep up with changing consumer demands, manufacturers are embracing innovation, sustainability, and strategic partnerships.

Key Takeaways from the Potassium Sorbate Market Report:

  • The global potassium sorbate industry is expected to reach a valuation of US$ 112.6 million by 2033.
  • Global sales in the potassium sorbate market are likely to soar at 6.3 % CAGR over the forecast period.
  • By nature, the powder segment is likely to exhibit a 9.5% CAGR during the projection period.
  • The United States potassium sorbate market is projected to reach a valuation of US$ 26.5 million by 2033.
  • The German market is projected to reach a valuation of US$ 11 million by 2033.

“With the rising consumer focus on clean label and natural products, manufacturers can capitalize on this trend by providing innovative and sustainable potassium sorbate solutions. By addressing these evolving needs, companies can establish themselves as leaders in this competitive market.” – says a lead analyst at Future Market Insights (FMI)

The top Key players in Potassium Sorbate Market are:

  1. Celanese Corporation
  2. BASF SE
  3. Nantong Acetic Acid Chemical Co., Ltd.
  4. Daicel Corporation, FBC Industries, Inc.
  5. Wanglong Group Co., Ltd.
  6. Sorbic International PLC
  7. Ningbo Wanglong Group Co., Ltd.
  8. PT. Pacific Surya Jaya
  9. Hawkins, Inc.

Competitive Landscape:

Key companies are concentrating on expanding their portfolios by launching new products. They also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market. For instance,

  • FBC Enterprises stated intentions to double its current creation cap. This advancement will enable the company to meet the rising demand for potassium sorbate from the food and beverage industries.
  • Ningbo Wanglong collaborated with a pharmaceutical business based in China to produce unique potassium sorbate-based medicinal products. These drugs are likely to be utilized to treat a wide range of diseases, including cancer, inflammation, and infections.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global Potassium Sorbate Market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the stock cubes market based on type (powder, granular, liquid), application (food and beverages, personal care & cosmetics, pharmaceuticals, animal feed), across various regions.

Take advantage of the multitude of growth factors and secure your success today. Click here to make a purchase and gain a competitive advantage in the global marketplace: https://www.futuremarketinsights.com/checkout/17828

Segmentation Analysis of the Potassium Sorbate Market

By Product Type:

  • Powder
  • Granular
  • Liquid

By Application:

  • Food and Beverages
  • Animal Feed
  • Pharmaceuticals
  • Personal Care

By Region:

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

About the Food & Beverage Division at Future Market Insights (FMI)

Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs.

With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Novel Sweeteners Market Expected to Surpass USD 1.93 Billion by 2033: FMI

Novel Sweeteners Market

According to Future Market Insights (FMI), the worldwide novel sweeteners market is valued at USD 1,057.6 million in 2023 and it is anticipated to reach USD 1,926.4 million by 2033. Over the next decade, global novel sweetener demand is likely to increase at a CAGR of 6.1%.

Consumers across the globe are becoming more health-conscious and shifting towards clean labeled food and beverages without compromising on taste. To cater to these needs, leading manufacturers are bringing advancements in technology.

The market is seeing the injection of innovative and unique sweeteners that enhance the overall taste experience of the finished product without compromising its nutritional value.

In addition to it, these players are ensuring affordability and availability to customers seeking functional benefits and enhanced palate experiences that suit rapidly changing dietary preferences.

For instance, Tate & Lyle PLC launched TASTEVA® Stevia Sweeteners as a perfect ingredient that delivers taste and natural solution as a sugar substitute for the food and beverage industry. This stevia-extracted product can be used in bakeries, beverages, confectionery goods, dairy products, soups, and sausages and also can be used as dressing agents.

The market is likely to present additional growth opportunities as a result of globalization and the creation of new kinds of sub-segments of dietary choices. The demand for diverse and natural ingredients is rising as the world becomes an interconnected community and consumers embrace other cultures’ culinary traditions more readily.

The use of novel sweeteners in a wide range of applications is becoming more popular. The growing dairy, confectionery, and bakery industry, especially in South Asia markets is expected to boost the sales of novel sweeteners.

Key Takeaways from the Novel Sweeteners Report:

  • The global novel sweetener market is expected to reach a valuation of US$ 1,926.4 million by 2033.
  • Global demand for novel sweeteners is likely to surge at 1% CAGR over the forecast period.
  • Based on product type, the stevia-extracted novel sweetener segment is anticipated to reach a valuation of US$2 million by 2033.
  • Europe is projected to hold a dominant value share of 8% in the global market by 2033.
  • The United States novel sweeteners market is projected to reach a valuation of US$ 296.5 million by 2033.
  • India’s novel sweetener market is estimated to witness a value CAGR of 1% during the projection period.

“The rising demand for novel sweeteners demonstrates a shift in consumer preferences toward natural, low-calorie, and diabetic-friendly sweeteners. In addition to it, these sweeteners provide opportunities to manufacturers to create flavors with tailored taste profiles” – says a lead analyst at Future Market Insights (FMI).

Who is Winning?

Nestlé S.A, Cargill Inc., Archer Daniels Midland Company, Ingredion Incorporated, Tate & Lyle PLC, E. I Dupont De Nemours and Company, Koninklijke DSM N.V., Symrise AG, Ajinomoto Corporation Inc, Raizen S.A, Associated British Foods Plc, and Wilmar International Limited are key novel sweetener manufacturers listed in the report.

These companies are concentrating on expanding their portfolios by launching new products. They also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.

For instance,

  • In December 2020, Sweet Green Fields (SGF), a global stevia solutions business was acquired by Tate & Lyle as a strategic move to enter the fast-growing market of the Asia Pacific region.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global Novel Sweeteners industry presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the novel sweeteners market based on product type (stevia extracts, tagatose, trehalose), end-use (food & beverages, pharmaceuticals, direct sales, baby snacks, and others), application (bakery goods, sweet spreads, confectionery, and chewing gums, beverages, dairy products, and others), across several regions.

Unlock the secrets of the Novel Sweeteners Market! Purchase now and delve into the intricacies of each segment. https://www.futuremarketinsights.com/checkout/17786

Novel Sweeteners Market by Category

By Product Type:

  • Stevia Extracts
  • Tagatose
  • Trehalose

By End Use:

  • Food & Beverages
  • Pharmaceuticals
  • Direct Sales
  • Baby Snacks
  • Others

By Application:

  • Bakery Goods
  • Sweet Spreads
  • Confectionary and Chewing Gums
  • Beverages
  • Dairy Products
  • Others

By Region:

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

About the Food & Beverage Division at Future Market Insights (FMI)

Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Monk Fruit Sugar Market Projected to Exceed USD 201.8 Million by 2033, Boosted by Zero-Calorie Trends | Future Market Insights

Monk Fruit Sugar Market

As per a recent FMI analysis, the Global Monk Fruit Sugar Market is currently valued at US$ 124.0 million in 2023. It is likely to reach at a market valuation of US$ 201.8 million by 2033, exhibiting a CAGR of 5.2% during the forecast period.

Health-Conscious Trend: Driving Growth of Monk Fruit Sugar Market

Monk fruit sugar, a natural sweetener derived from monk fruit, is gaining significant traction in the global market. As consumers seek healthier alternatives to traditional sugars, the monk fruit sugar market has witnessed remarkable growth. This zero-calorie sweetener offers an appealing choice for health-conscious individuals and those managing diabetes. Its high-intensity sweetness and lack of bitter aftertaste have made it a popular ingredient in various food and beverage products, including desserts, beverages, and snacks. With increasing awareness of its benefits, manufacturers are incorporating monk fruit sugar into their formulations, driving the market’s expansion

Versatile Applications: A Popular Ingredient in Food and Beverage Products

The industry for monk fruit sugar is rising as a result of its increasing applications across several sectors. This includes the food & beverage, and pharmaceutical sectors, and commercial and household purposes on a global scale.

During the forecast period, sales of monk fruit sugar are also anticipated to be driven by the growing demand for sustainable sourcing.

Innovation in Product Offerings: Expanding Monk Fruit Sugar Market

The market is anticipated to propel over the forecast period because of its unique sweetness that has diverse applications. Manufacturers have also found this sugar to be a versatile product that is easy to handle and eco-friendly. This is further expected to drive demand for monk fruit sugar globally.

Companies are focusing on product innovation and expanding their monk fruit sugar offerings. They are introducing monk fruit sugar in several forms including powdered form, granules, and liquid form to cater to diverse consumer preferences.

Transition to Mainstream Retail Channels: Growing Popularity and Health Awareness

The food and beverage sector is witnessing significant adoption of monk fruit sugar as a key ingredient in a wide range of products. It is used in beverages, baked goods, dairy products, and other food applications to provide sweetness without calories and to meet the demand for healthy options.

Monk fruit sugar is expected to make a transition from niche health stores to mainstream retail channels. The growing prevalence of diabetes, increasing health consciousness, and the demand for natural sweeteners are the factors that are projected to fuel the growth.

Clean-Label and Plant-Based Movement: Boosting Demand for Natural Sweeteners

The global shift toward clean-label and plant-based products is anticipated to drive the demand for monk fruit sugar as a natural and sustainable sweetener. As consumers become more aware of the risks associated with artificial sweeteners, the market for natural alternatives is likely to expand.

Key Takeaways from the Monk fruit sugar Report:

  • The global market for monk fruit sugar is set to reach at a worth of USD 201.8 million by 2033.
  • Global demand for monk fruit sugar is likely to soar at 5.2% CAGR over the forecast period.
  • Based on the form, the powder form segment is anticipated to reach a valuation of USD 171.2 million by 2033.
  • By end use, the food and beverage industry segment is set to soar at a 4.7% CAGR during the forecast period.
  • North America is projected to hold a dominant value share of 51.3% in the global market by 2033.
  • The United States monk fruit sugar market is projected to reach a valuation of USD 90.5 million by 2033.
  • During the forecast period, Japan is set to register 5.6% CAGR in the global market over the forecast period.

Increasing demand for healthy alternatives among diabetic patients is projected to drive demand for monk fruit sugar globally. Key companies are focusing on enhancing their flavor profiles, developing new formulations and exploring novel application areas in the food and beverages sector to stay competitive.” – says a lead analyst at Future Market Insights (FMI).

Top Companies in Monk Fruit Sugar Market and Their Winning Product Strategies:

Key companies are might aim to expand their market presence geographically. This could involve targeting new regions and countries where monk fruit sugar is not yet widely available. They are establishing distribution networks and partnership to reach a large customer base.

Top Key Companies:

  1. Archer Daniels Midland Company
  2. Monk Fruit Corp.
  3. Apura Ingredients
  4. Guilin Layn Natural Ingredients Corp.
  5. Imperial Sugar Company
  6. Whole Earth Sweetener Co., LLC
  7. Health Garden USA
  8. Matakana SuperFoods Ltd.
  9. Group Krisda Stevia Canada Inc.
  10. Bulk Barn Foods Limited
  11. Lakanto

For instance,

  • In November 2022, Lakanto has introduced monkfruit-based sweeteners to Indian customers. Lakanto is from the Saraya family, which manufactures and sells health and hygiene goods and services.
  • In October 2019, Layn, a sweeteners player, has introduced a new patented version of monk fruit which the company claims can naturally generate 20% more mogrosides. These sweet components present in monk fruit are important elements in sugar reduction.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global monk fruit sugar market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the monk fruit sugar market based on nature (natural, organic) form (powder and liquid) and end use (industrial, commercial, and household), packaging type (bags & sacs, pouches, folding cartons, jars) sales channel (direct, indirect, and online retailing) across several regions.

Looking to stay ahead in the Monk Fruit Sugar Market? Don’t miss out on our exclusive offer! Buy now for detailed information on every segment. https://www.futuremarketinsights.com/checkout/17763

Monk fruit sugar Market by Category

By Nature:

  • Natural
  • Organic

By Form:

  • Powder
  • Liquid

End Use:

  • Industrial
    • Food & Beverage Industry
      • Bakery
      • Dairy & Ice cream
      • Chocolate & Confectionery
      • Breakfast Cereals
      • Beverages
      • Others
    • Pharmaceutical Industry
  • Commercial (HoReCa)
  • Household (Retail)

By Packaging Type:

  • Bags & Sacs
  • Pouches
  • Folding cartons
  • Jars

By Sales Channel:

  • Direct (B2B)
  • Indirect (B2C)
    • Store-based Retailing
      • Hypermarkets/ Supermarkets
      • Convenience Stores
      • Food & Drink Specialty Stores
      • Others
    • Online Retailing

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Global Liquid Amino Ingredients Market Predicted to Hit USD 3.63 Billion by 2033 | Future Market Insights

Liquid Amino Ingredients Market

According to a research analysis from Future Market Insights, the global market for liquid amino Ingredients is expected to be worth US$ 1,861.4 million in 2023 and US$ 3,628.9 million in 2033. Demand for liquid amino ingredients is anticipated to grow globally over the coming ten years at a CAGR of 6.9%.

Liquid formulations with amino acids from marine sources, particularly from marine creatures like fish or seaweed, are referred to as liquid amino ingredients. These liquid amino components are made by extracting amino acids from sources of marine-based protein and converting them into a liquid form for use in a variety of applications.

Ingredients in liquid amino acids are prized for their distinctive makeup and potential health advantages. They can offer a plentiful source of vital amino acids, including those often present in marine organisms. Glycine, proline, alanine, and arginine are just a few of the typical amino acids that can be found in marine liquid amino components.

The cosmetic and personal care industries use marine liquid amino Ingredients. As they have the potential for moisturizing, nourishing, and skin-repairing effects, some businesses use marine amino acids in the formulations of skincare, hair care, and body care products.

Key Takeaways from the Liquid Amino Ingredients Report:

  • The global liquid amino ingredients market is expected to reach a valuation of US$ 3,628.9 million by 2033.
  • Global demand for liquid amino ingredients is likely to soar at 9% CAGR over the forecast period.
  • Based on Source, the Animal-based segment is anticipated to reach a market share of 0% by 2033.
  • By Type, the lysine segment is likely to reach a market value of 0% in 2033.
  • On the basis of the application, the animal feed segment is expected to clock a staggering CAGR of 9%
  • The United States is projected to hold a dominant value share of 9% in the global market by 2033.
  • The United Kingdom Liquid amino ingredients market is projected to reach a valuation of US$ 3 million by 2033.
  • India market is estimated to witness a value CAGR of 7% during the projection period.

“The market for liquid amino Ingredients is growing significantly, in large part as their versatile potential for usage in a variety of industries, including food and beverage, nutraceuticals, pharmaceuticals, and cosmetics. The market is growing as increasing public awareness of the benefits liquid amino Ingredients provide for the health and the rising demand for natural components in these industries. The unique features of Liquid Amino Ingredients”

 – says a lead analyst at Future Market Insights (FMI)

Who is Winning?

Ajinomoto Co., Inc., Archer Daniels Midland Company, CJ CheilJedang Corp., Evonik Industries AG, Fufeng Group Company Limited, Kyowa Hakko Bio Co., Ltd., Prinova Group LLC, Sigma-Aldrich Co. LLC, Sunrise Nutrachem Group Co., Ltd., The Lubrizol Corporation

By introducing new products, these companies are focusing on diversifying their product lines. They also employ tactics including marketing, alliances, partnerships, purchases, agreements, and mergers to remain competitive.

For instance,

  • In 2021, Jarchem Innovative Ingredients announce the addition of four new products to their Aminosyl™ family.
  • In 2020, The Marquie Group Launching New Amino Acid-Based Products in the Upcoming Launch of the Health and Beauty Solutions Platform.

Get More Valuable Insights

Future Market Insights (FMI) presents historical demand data (from 2018 to 2022) and forecast figures for 2023 to 2033 in its latest offering, offering an independent analysis of the global liquid amino ingredients market.

The study incorporates compelling insights on the liquid amino ingredients market based on Source (Animal-Based, Plant-Based), Type (Lysine, Methionine, Threonine, Tryptophan, Others), By Application (Food & Beverages, Animal Feed, Pharmaceutical & Nutraceutical, Personal Care & Cosmetics, Agriculture, Others)

Ready to tap into the potential of the Liquid Amino Ingredients Market? Get an edge over your competitors with comprehensive insights. Buy now and gain access to detailed segment information. https://www.futuremarketinsights.com/checkout/17745

Liquid Amino Ingredients Market by Category

By Source:

  • Animal-based
  • Plant-based

By Type:

  • Lysine
  • Methionine
  • Threonine
  • Tryptophan
  • Others

By Application:

  • Food & Beverages
  • Animal Feed
  • Pharmaceutical & Nutraceutical
  • Personal Care & Cosmetics
  • Agriculture
  • Others

By Region:

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

About the Food & Beverage Division at Future Market Insights (FMI)

The Food and beverage team at Future Market Insights (FMI) assists clients from all over the world with their specific business intelligence requirements through expert analysis, practical insights, and strategic suggestions. The team has spent more than ten years clearly analyzing the food and beverage sector in more than 50+ countries, with a portfolio of more than 1,000 reports and one million+ data points. Contact us to see how we may help if you need end-to-end research and consulting services.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Fish Silage Market Expected to Reach USD 2.07 Billion by 2033, Driven by Demand for Natural Ingredients | Future Market Insights

Picture background

The global fish silage market is anticipated to reach a market valuation of USD 780.9 million in 2023. Over the forecast period (2023 to 2033), global fish silage demand is estimated to grow at 10.2% CAGR. By 2033, the total market is projected to reach a USD 2,065.0 million valuation.

Fish silage is vital because it is a versatile feedstuff, cost-effective, simple to process, long-term storage life, along with an environmentally sound way of disposing of fish waste.

Despite the fact that the production and usage of fish silage have been commercialized in Scandinavia, many efforts have been made in Canada, primarily due to economic pressures, rigorous environmental rules, and the need for protein sources.

More specifically, the production of fish silage is an appealing alternative for small processors for whom fish meal manufacturing is too expensive and raw material supply is insufficient or sporadic.

In small remote fishing ports where the supply of fish waste is limited, a fish meal factory is not economically feasible nonetheless, fish silage is an alternative feasible option for manufacturing value-added products.

Fish silage, like fish meal, is mostly used in animal feed. Fish meal has 65% protein, whereas fish silage contains just about 15%. Fish meals, on the other hand, can be supplemented with fish silage at various amounts to minimize feed costs. Silage appears to be more practicable in pig farms, where it may be applied directly as a liquid.

Aside from the pig industry, hens and cows fed silage yielded good results such as tainted milk and butter and high egg production. By isolating the oil phase and evaporating the moisture, silage can be utilized as a protein concentrate. Concentrated silage is preferable to regular silage because it has a higher nutritional value.

Key Takeaways from the Fish Silage Report:

  • The Fish silage market is expected to be valued at US$ 780.9 million by 2023.
  • Global demand for fish silage is likely to soar at 10.2% CAGR over the forecast period.
  • Based on Type, demand for Wet type is expected to continue as it is holding a market share of 89.0% to reach a market valuation of US$ 1,837.8 million by the end of 2033.
  • According to FMI analysis, the liquid segment is predicted to attain a market share of 78.0% during the assessment period, resulting in a market size of US$ 1,610.7 million by 2033.
  • According to FMI, there is an increasing application of fish silage in aquaculture feed and it is estimated to hold a market share of 56.0% and is anticipated to reach a market valuation of US$ 1,156.4 million by the end of 2033.

The Fish silage market is expected to expand due to rising consumer preference for sustainable agricultural practices along with alternative animal feed sources presenting an opportunity to Manufacturers to Innovate More,” – says a lead analyst at Future Market Insights (FMI).

Competitive Landscape in Fish Silage Market

Top Key Companies Profiled

  • BioMar Group
  • Calysta, Inc.
  • Biomega AS
  • Alltech Coppens
  • Skretting
  • Nutreco N.V.
  • Ridley Corporation Limited
  • Archer Daniels Midland Company
  • Cargill, Inc.
  • Dibaq A.S.
  • Others (on additional request)

These companies are expanding product portfolios, employing strategies like advertising, partnerships, acquisitions, agreements, and mergers to maintain market relevance and drive growth in the fish silage market.

For instance,

• In November 2021, the Caribbean Agricultural Research and Development Institute (CARDI) and The United Nations Food and Agriculture Organisation (FAO) recently collaborated to offer a virtual Fish Silage for Animal Feed Seminar for stakeholders and 25 participants.

  • In July 2019, Argentina’s government recently hosted a workshop with the St. Kitts and Food and Agriculture Organisation (FAO) and Nevis Marine Resources Division. The project’s goal is to convert unused fish parts into safe and nutritious products for cattle consumption and fertilizer. The idea creates jobs while also assisting in ensuring food security and lowering the food import expense.
  • In March 2021, Iran intends to create three new fish silage production firms in the Iranian year (March 21, 2021 to March 20, 2022), according to Deputy Chairman of Iran Fisheries Organisation Isa Golshahi, according to Trend, quoting the Ministry of Agriculture Jihad.

Get More Valuable Insights:

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global fish silage market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the fish silage market based on Fish Type (Tuna, Salmon, Sardine, Mackerel, and Others), Type (Dry Silage and Wet Silage), Form (Powder, Liquid, and Pellet) Application (Aquaculture Feed, Pet Food, Agriculture Feed, and Others), across various regions.

Purchase now and delve into the intricacies of each segment: https://www.futuremarketinsights.com/checkout/17739

Market by Categorization:

By Type:

  • Dry Silage
  • Wet Silage

By Fish Type:

  • Salmon
  • Tuna
  • Sardine
  • Mackerel
  • Others

By Application:

  • Aquaculture Feed
  • Pet Food
  • Agriculture Feed
  • Others

By Form:

  • Pellets
  • Powder
  • Liquid

By Region:

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

About the Food & Beverage Division at Future Market Insights (FMI):

FMI’s Food & Beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
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T: +1-347-918-3531
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Website: https://www.futuremarketinsights.com
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Chicken Offal Market Poised for Steady Growth, Projected to Hit USD 2.48 Billion by 2033 | FMI

Chicken Offal Market

FMI’s analysis reveals that the global chicken offal market is currently valued at USD 1,024.6 million in 2023 and is expected to grow significantly, reaching a market valuation of USD 2,478 million by 2033, exhibiting a CAGR of 9.2% during the forecast period.

Internal organs and other portions of a chicken that aren’t usually eaten as full pieces of meat are referred to as “chicken offal.” These components, which were formerly overlooked in several Western nations, have gained popularity in a variety of international cuisines and are now in high demand from a wide range of consumers.

The market is influenced by a number of things such as rising appreciation for various flavors and ingredients as a result of increased culinary diversity and the internationalization of food culture. With its unique flavor and texture, chicken offal has become a mainstay in many different world cuisines, including Asian, Middle Eastern, African, and Latin American meals.

The nutritional value of chicken offal has garnered attention. It is abundant in high-quality proteins, vitamins A and B12, iron, zinc, and other crucial components. Chicken offal presents a tempting alternative as customers become more health-conscious and look for alternate sources of nourishment.

The economical and sustainable benefits of using chicken offal have boosted its market. The food sector may promote sustainable practices and reduce waste by using these parts. In addition, chicken offal is frequently less expensive than prime portions of meat, making it a desirable option for consumers on a budget. Consumers seeking unique and specialty food products are receptive to alternative protein sources like chicken offal. These markets cater to specific dietary preferences, cultural traditions, or health-focused consumers, providing targeted marketing and distribution opportunities.

Key Takeaways from the Chicken Offal Report:

  • The global chicken offal market is expected to reach a valuation of US$ 2,478 million by 2033.
  • Global demand for chicken offal is likely to soar at 2% CAGR over the forecast period.
  • Based on organs, the liver chicken offal segment is anticipated to reach a valuation of US$ 4 million by 2033.
  • By End-use, the dietary supplement segment is likely to exhibit a 6% CAGR during the projection period.
  • North America is projected to hold a dominant value share of 4% in the global market by 2033.
  • The Germany chicken offal market is projected to reach a valuation of US$ 294.8 million by 2033.
  • Japan market is estimated to witness a value CAGR of 9% during the projection period.

“The chicken offal market is currently in a phase of significant growth and transformation. There are several factors driving this growth, including changing consumer preferences, increasing culinary diversity, and the recognition of the nutritional value of chicken offal. These factors have created new opportunities and demand for chicken offal products in both domestic and international markets.” – says a lead analyst at Future Market Insights (FMI)

Who is Winning?

Natures Farmacy, Primitive Choice, Little Warrior, Proliver, Knowde, IQI Petfood, The Good Scent Company, Herbpowders, PCCA, BNK Products, Baith Market, Lifeasible, Feline Instincts, Perdue Farms, Sanderson Farms, Brand-Pilgrim’s Chicken, Foster Farms, Wayne Farms, Bell & Evans, Gold’n Plump, Kunhe & Heitz are key chicken offal and its product manufacturers listed in the report.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global chicken offal market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the chicken offal market based on organ (Liver, Kidney, Heart, Brains, Lungs, Blends), and End-use (Food and Beverages, Dietary Supplements, Pet Food, Cosmetics, and Personal Care, etc.) across various regions.

Ready to tap into the potential of the Chicken Offal Market? Get an edge over your competitors with comprehensive insights. Buy now and gain access to detailed segment information. https://www.futuremarketinsights.com/checkout/17717

Chicken Offal Market by Category

By Organ:

  • Kidneys
  • Hearts
  • Brain
  • Liver
  • Lungs
  • Blends

By End-use:

  • Food and Beverages
  • Dietary Supplements
  • Pet Food
  • Cosmetics and Personal Care

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Website: https://www.futuremarketinsights.com
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Static VAR Compensator (SVC) Market to Reach USD 1,667.0 Billion by 2034, Growing at a 5.0% CAGR

Static VAR Compensator (SVC) Market
Static VAR Compensator (SVC) Market

The global static VAR compensator (SVC) market is projected to generate revenue of USD 1,667.0 million by 2034, up from USD 1,020.2 million in 2024, advancing at a CAGR of 5.0% over the forecast period.

Recent years have seen substantial growth in the SVC market, fueled by the increasing demand for grid stability and effective power management. As renewable energy adoption accelerates and the electrical grid undergoes changes, SVCs have become essential for ensuring power quality and mitigating voltage fluctuations.

Various industries, including utilities and industrial sectors, are recognizing the benefits of SVCs, leading to a surge in demand. SVCs enhance voltage control, reduce power losses, and address disruptions caused by fluctuating loads, driving market expansion.

The growing installation of renewable energy sources, particularly wind and solar, is a key factor behind this growth. While these clean energy sources are crucial, they can cause voltage fluctuations and grid instability. SVCs provide a solution by dynamically compensating for reactive power and stabilizing grid voltage. The introduction of hybrid SVC systems, which combine traditional SVC technology with advanced power electronics like STATCOM, is further propelling market growth, offering greater flexibility in power compensation.

Despite its upward trajectory, the market faces challenges such as high installation costs and technical complexities. However, ongoing technological advancements and increased awareness of SVC benefits are expected to mitigate these challenges over time.

Key Takeaways:

  • The static VAR compensator (SVC) market value reached USD 787.0 million in 2022 with a CAGR of 3.9% from 2018 to 2022.
  • The market in the United States of America is likely to account for USD 236.3 million by 2033.
  • By the end of the forecast period, China’s static VAR compensator (SVC) industry is to amass revenue of USD 392.0 million.
  • The market for static VAR compensators (SVC) in Japan is expected to achieve a 6.7% CAGR throughout the forecast period.
  • The United Kingdom is predicted to progress steadily with a CAGR of 4.9% during the projected period.

How is the Competition Structured in the Market?

The global market for Static VAR Compensator (SVC) is characterized by fragmentation, with a wide range of players offering flexible AC transmission systems for diverse applications. Leading producers have established their dominance in high-demand regions that require robust compensators.

Key market players are actively operating on a global scale and employing organic and inorganic growth strategies to strengthen their market position. Some players concentrate on specific regions to meet the growing demand for FACTS devices in the utility and renewable energy sectors. Further, intense competition exists among the key market players in the SVC industry as they strive to capture a significant market share.

Key Players in the Static VAR Compensator (SVC) Industry

  • American Superconductor Corporation.
  • Eaton
  • General Electric
  • Hitachi ABB Power Grids
  • Mitsubishi Electric Corporation
  • Nidec Electrical Solutions
  • Nissin Electric Co., Ltd.
  • NR Electric Co., Ltd.
  • Siemens AG
  • Hyosung

Static VAR Compensator Market Segmentation by Category

By Type:

  • Thyristor-based
    • TCR-FC
    • TCR-TSC
  • MCR-based

By Component:

  • Power Electronic Device
  • Harmonic Filter
  • Thyristor
  • Reactor
  • Capacitor Bank
  • GIS Switchgear
  • Control Protection System
  • Others

By End Use:

  • Electric Utility
  • Railways
  • Industrial
    • Steel and Metal
    • Mining
    • Heavy Industrial
  • Oil & Gas

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

Report Preview: https://www.futuremarketinsights.com/reports/static-var-compensator-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Bentonite Market Surge: Driven by Increased Oil and Gas Exploration Activities

Bentonite Market
Bentonite Market

 

The global bentonite market is anticipated to witness significant growth in the coming years, with its market size projected to reach approximately USD 1,549.3 million by 2024. This growth is expected to continue at a robust CAGR of 6.2% from 2024 to 2034, driven by rising demand across various industries such as oil and gas, construction, and environmental protection.

This growth is projected to continue over the assessment years, starting from 2024 to 2034, due to the increasing use of bentonite in diverse industries across the globe. Bentonite finds application in the drilling fluid, binders, absorption/adsorption, clarification agent, and other sectors. As such growth in end-use industries is creating lucrative prospects for suppliers of bentonite

Bentonite is used in the drilling fluid, binders, absorption/adsorption, clarifying agents, and other industries. As a result, expansion in end-use industries is creating attractive opportunities for bentonite suppliers. Because of rising energy demands, the bentonite industry is seeing increased usage in oil and gas drilling activities.

The increasing use of bentonite in drilling activities, coupled with its expanding application in the construction sector for soil stabilization and waterproofing, is likely to fuel market expansion. Additionally, the growing awareness of environmental sustainability and the need for effective waste management solutions are expected to further boost the demand for bentonite in the coming decade.

Key Takeaways

  1. China holds the largest natural clay reserves globally, driving its dominance in the bentonite industry. During the forecast period, demand for bentonite in China is expected to grow at an outstanding 7.8% CAGR.

  2. Spain is emerging as a major market due to the increasing use of natural clay in construction, particularly for tunneling, sealing, and waterproofing.

  3. Mexico’s abundant natural clay reserves, combined with a growing oil and gas industry, are driving demand for the product in drilling fluids.

  4. Sodium-based clay dominates the market due to its superior waterproofing properties and wide range of applications, including drilling, construction, and pharmaceuticals.

  5. The pharmaceutical industry is a major consumer of natural clay, driven by its use as an excipient in tablet formation and its role in topical preparations.

How are Diverse Applications Driving Bentonite Market Sales?

Bentonite is used in various applications, such as drilling fluid, binder, adsorbent/absorbent, clarification agent, and others. The demand for bentonite is increasing due to growing end-use industries such as oil, construction, food, pharmaceutical, and others.

Increasing demand for the bentonite applications such as sealants, clarification agents, and adsorbents/absorbents in the end-use industries like construction, food, and pharmaceutical industry will be key driving factors for the bentonite market.

Why is R&D Key to Market Consolidation?

Across the globe, key manufacturers are planning to increase their market share by introducing innovative applications in the bentonite product portfolio. Meanwhile, key players and academic institutions are collectively working on innovating new applications through research and development.

Some of the key players are investing around 3-5% of their revenue in R&D to innovate the new application range for end-use industries. Moreover, various manufacturers are entering the market by acquiring local existing players and globalizing its portfolio.

What is the Regulatory Impact on the Bentonite Market?

Governments and regulatory authorities across the world have imposed restrictions on the trans-continental trading of bentonite in some of the bentonite producing regions sowing to the depletion of bentonite reserves.

However, end-use industries in these regions are focusing on alternatives or substituting for bentonite. This could restrict growth opportunities for the market to an extent.

Bentonite’s Breakthrough: Revolutionizing Pharmaceuticals with Exponential Growth

Bentonite, particularly montmorillonite, is making waves in the pharmaceutical industry, with its usage projected to surge at a robust CAGR of 6.8% from 2024 to 2034. This natural clay is emerging as a game-changer due to its exceptional properties and growing demand for safe, effective, and natural ingredients in pharmaceutical formulations.

Montmorillonite is gaining prominence as an excipient in tablet formation. Its role as a binder ensures that tablets maintain their shape and structure through manufacturing, storage, and distribution. Its non-toxic, inert nature makes it a preferred choice for pharmaceutical products, aligning with the industry’s stringent safety and quality regulations.

The clay’s benefits extend to topical preparations, where its emollient and anti-inflammatory properties are highly valued. Bentonite is frequently found in ointments and creams designed to treat various skin conditions, providing both relief and therapeutic benefits. The growing consumer preference for natural and mineral-based ingredients further fuels its use in these applications.

As the pharmaceutical sector continues to prioritize safety, efficacy, and natural formulations, bentonite is poised to play an increasingly vital role. The clay’s remarkable properties and alignment with industry trends make it a standout ingredient in the future of pharmaceutical products.

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Leading Bentonite Market Players

  • Ashapura Group of Companies
  • Black Hills Bentonite, LLC
  • Charles B Chrystal Co. Inc.
  • Clariant AG
  • Halliburton Co.
  • Kemira OYJ
  • Kunimine Industries Co. Ltd.
  • Kutch Minerals
  • Mineral Technologies Inc.
  • Polymer Drilling Systems (PDS) Co Inc.
  • Wyo-Ben Inc.
  • Addison Building Materials
  • Sure Fluids
  • J&H Minerals
  • Bentonite Ltd
  • Zhejiang Yuhong New Materials Co., Ltd.
  • Imerys S.A
  • Kunimine Industries Co., Ltd.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Antarctic Krill Market Set to Achieve USD 4.82 Billion by 2033 with an 11.4% CAGR Growth | Future Market Insights

Antarctic Krill Market

The Antarctic Krill Market is positioned for rapid growth over the next decade. As of 2023, the market is valued at USD 1,632.2 million and is projected to reach USD 4,817.7 million by 2033, registering a CAGR of 11.4%. This growth can be attributed to rising demand for krill-based products in the nutraceutical, pharmaceutical, and animal feed industries, driven by their high omega-3 fatty acid and protein content.

Krill, primarily sourced from the pristine waters surrounding Antarctica, has gained popularity due to its numerous health benefits, including support for cardiovascular health, brain function, and anti-inflammatory properties. The increasing preference for natural and sustainable ingredients in dietary supplements and pharmaceuticals further boosts the demand for krill-based products globally.

Moreover, environmental sustainability has become a key factor influencing the market, as companies focus on responsible sourcing to mitigate overfishing concerns. The Antarctic Krill market is benefiting from technological advancements in extraction and processing methods, which ensure product quality and enhance yields.

Overall, the market is witnessing a surge in consumer awareness about the benefits of krill oil, with North America and Europe being key regions driving market growth due to their well-established health and wellness industries.

Drivers and Opportunities

The Antarctic Krill Market is primarily driven by the increasing demand for omega-3 fatty acids and other health supplements, particularly in the aging population. As krill oil contains higher levels of omega-3 phospholipids, it offers better bioavailability than fish oil, making it a preferred choice for consumers. Furthermore, the ongoing trend towards sustainability and responsible fishing practices encourages krill-based product adoption.

Emerging markets in Asia-Pacific present lucrative opportunities as awareness of krill oil’s health benefits grows among consumers. Moreover, partnerships between krill harvesting companies and nutraceutical manufacturers are expanding product offerings, further propelling market growth.

Key Takeaways from the Market Study:

  • The Antarctic Krill Market is expected to grow at a CAGR of 11.4% from 2023 to 2033.
  • The market is projected to reach USD 4,817.7 million by 2033.
  • Omega-3 supplements and animal feed are key growth segments.
  • The North America and Europe regions hold the largest market share due to rising consumer awareness of krill-based health benefits.

The Antarctic Krill market is projected to witness substantial growth in the coming years, surpassing previous trends. This surge is driven by various factors, including the rising demand for krill-based products across sectors like animal feed, aquafeed, and food and beverages, along with the recognized health benefits of krill oil and meal. says  Nandini Roy Choudhury, Client Partner at Future Market Insights.

Component Insights

Krill oil, a prominent component in the Antarctic Krill Market, leads the market, accounting for a significant share in 2023. Its high concentration of omega-3 fatty acids makes it a preferred choice for dietary supplements and pharmaceuticals. Krill meal, another crucial component, is gaining traction in the animal feed industry, particularly in aquaculture.

Who is the Biggest Vendor of Antarctic Krill Market in the World?

Aker BioMarine, a leading player in the Antarctic Krill market, dominates global production with its sustainable harvesting techniques and innovative product offerings. The company’s commitment to environmental sustainability and traceability has earned it a prominent position in the market.

Antarctic Krill Market: Report Scope

Parameters Details
Market Size (2023) USD 1,632.2 million
Forecast Market Size (2033) USD 4,817.7 million
CAGR (2023 to 2033) 11.4%
Key Components Krill Oil, Krill Meal
Key Applications Nutraceuticals, Pharmaceuticals, Animal Feed
Geographical Dominance North America, Europe
Major Players Aker BioMarine, Rimfrost AS, Qingdao Kangjing Marine Biotechnology

Market’s Prime Determinants of Growth, Trends, and Opportunities

The prime determinants of growth in the Antarctic Krill Market include rising consumer preference for natural health supplements, advancements in sustainable harvesting practices, and the increasing application of krill products in animal feed. Key trends such as the shift towards bio-based dietary supplements and increasing R&D for new product formulations are driving market opportunities. The demand for krill-based products is anticipated to grow significantly in developing economies due to improved access to health supplements and rising disposable income.

To Gain In-Depth Insights on the Market, Browse the Complete Report: https://www.futuremarketinsights.com/checkout/17706

Key Companies & Market Share Insights

The Antarctic Krill Market is dominated by key players such as Aker BioMarineRimfrost AS, and Qingdao Kangjing Marine Biotechnology. These companies are investing in R&D to improve extraction techniques and develop new applications for krill oil and meal. Aker BioMarine leads the market due to its strong focus on sustainability and traceability, ensuring adherence to international environmental standards.

Growth Drivers

  • Increasing consumer awareness about the health benefits of omega-3-rich krill oil.
  • Rising demand for sustainable and eco-friendly dietary supplements.
  • Expanding applications of krill-based products in the pharmaceutical and animal feed industries.
  • Strong support for krill harvesting from regulatory bodies that prioritize sustainability.

Antarctic Krill Market by Category

By Product Type:

  • Krill Meal
  • Krill Oil
  • Krill protein concentrate
  • Krill hydrolysate

By End Use Application:

  • Food & Beverages
  • Aquaculture feed
  • Pet food
  • Fertilizers
  • Industrial applications
  • Pharmaceuticals

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Rising Demand for Antimicrobial Additives in Healthcare and Packaging to Drive Market Growth

Antimicrobial Additives Market
Antimicrobial Additives Market

 

Between 2023 and 2033, the global antimicrobial additives market is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 8.0%. This surge is expected to bring the market to an estimated value of USD 20,809.5 million by the end of the forecast period. The increasing demand for antimicrobial additives is driven by their extensive use across diverse industries such as healthcare, packaging, and construction, where they are essential in preventing the growth of harmful microorganisms and extending the lifespan of products. This broadening application underscores the critical role these additives play in enhancing both product safety and durability.

Increasing consumption of antimicrobial additives in food and beverage sector is a key factor driving the global market. Subsequently, rising adoption of antimicrobial-protected products for reducing the risk of infections and improving safety will boost the market.

Antimicrobial additives have become essential solutions for inhibiting growth of microbes. They extend the shelf life of products and reduce the risk of disease spread. As a result, they are being increasingly used in consumer products such as clothing, packed food items, etc.

Growing usage across sectors such as healthcare, food & beverages, automotive, electronics, etc. is expected to fuel antimicrobial demand during the assessment period.

Antimicrobial additives find application in the healthcare sector to create a sterile environment in hospitals. They are used in numerous medical products including ventilators, examination tables, and hospital beds to reduce the spread of infections.

Rising demand for medical devices containing antimicrobial substances will bolster sales in the global market through 2033.

Regionally, North America remains the leading consumer of antimicrobial additives owing to the high demand for safe consumer items and rising awareness & consumer preference for antimicrobial products.

Prominent manufacturers of antimicrobial additives are focusing on expanding their customer based and footprints by acquired local players and launching new innovative products. They are investing rigorously in research and development to meet the regulatory standards and find newer applications for the same.

Key Takeaways from the Antimicrobial Additives Market Report:

  • The global market of antimicrobial additives is projected to expand at 0% CAGR between 2023 and 2033.
  • By product type, the inorganic segment is expected to remain a prominent segment accounting for over 60% of the overall market.
  • By application, hygiene chemicals segment is expected to account for around one-fourth of the global antimicrobial additives consumption.
  • The United States antimicrobial additives market is poised to thrive at 4% CAGR through 2033.
  • Antimicrobial additive demand in China is forecast to increase at 6% CAGR from 2023 to 2033.

“The market for antimicrobial additives has the potential for significant growth because there is an increasing demand for products that are capable of self-cleaning and can prevent the spread of harmful microorganisms. This in turn will create a plethora of opportunities for antimicrobial additive manufacturers.”  says a lead analyst at FMI

Competitive Landscape

The global antimicrobial additives market is moderately consolidated with key players holding around 33% to 38% of the market share. BASF SE, Lanxess AG, DuPont de Nemours, Inc., Ecolab, Inc., Solvay S.A., and others are the leading antimicrobial additive manufacturers profiled in the comprehensive version of the report.

Key players are certainly focusing on expanding their production capacity to increase their market presence all over the globe and to gain maximum traction in the market. They are also investing significantly in acquisitions to curb their competition. For instance,

  • In 2022, to strengthen its antimicrobial additives portfolio, Polygiene acquired the SteriTouch business of Radical Materials.

Connect with Our Sales Team Now to Explore the In-Depth Insights in This Report and Drive Your Business Forward.

Leading Players in the Antimicrobial Additives Market

  • BASF SE
  • Solvay S.A.
  • Ecolab Inc.
  • Lanxess AG
  • Clariant AG
  • Evonik Industries AG
  • Huntsmann Corporation
  • DuPont de Nemours, Inc.
  • Ashland Inc.
  • Aviant Corporation
  • Sanitized AG
  • Croda International Plc.
  • Addmaster Limited
  • Microban International
  • RTP Company
  • Novapura AG
  • Blend Colours Pvt. Ltd.
  • Miliken

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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