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The global phosphates market has witnessed steady demand from numerous end use industries including agrichemicals, animal feed, cleansers and detergents, food and beverages, water treatment and more. According to the latest study by Future Market Insights (FMI), the global market of phosphates is anticipated to grow with a growth rate of 2.7% during the forecast period of 2021 to 2031.

Ammonium phosphate and calcium phosphate are anticipated to remain key product types in the global market since they play a crucial role in the fertilizers industry. Diammonium phosphate, monoammonium phosphate, single super phosphate, and triple super are among the more commonly used variants.

With growing concerns over food security due to the rising global population, the demand for phosphate-based fertilizers is anticipated to increase in the coming years. Moreover, the decreasing arable land area all over the globe owing to urbanization and industrialization has fueled the growing demand for phosphates.

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Phosphates Market Key Points

• Phosphates Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Phosphates Market and How to Navigate
• Recommendation on Key Winning Strategies

The phosphate market is anticipated to witness a slowdown during the Covid-19 crisis owing to the decrease in the demand from the industrial sector. However, the market has witnessed a positive outlook during the crisis owing to the production of agricultural products and animal feed. These factors will prove crucial for continued growth of the global phosphates market.

Key Takeaways from Phosphates Market Study

• The global phosphates market is anticipated to reach a value of US$ 21,169.7 Mn by the end of the forecast period in 2031.
• Ammonium phosphate is expected to remain the dominant product type owing to higher agriculture applications accounting for three quarters of the global market through 2031.
• China is dominant in East Asia with a value share of over 95% through 2031, supported by large scale agriculture and chemicals industries.
• India will reflect above average growth with a CAGR of 3% through 2021, owing to its position as a leading agrarian economy.
• Brazil will hold over 50% of the Latin America market through 2031, owing to government incentives towards large-scale agriculture practices.

Phosphates Market: Participant Insights

Key players are focusing on strategic expansions by expanding production capacity in emerging economies by setting up of new production units, collaborations and mergers and acquisitions of other market participants. They are focusing on strengthening of their product portfolio while strengthening distribution networks.

Market participants in the global phosphates market are Nutrien Ltd., The Mosaic Company, YARA International, EuroChem, Prayon SA, Ma’aden-Saudi Arabian Mining Company, PhosAgro, Jordan Phosphates Mines Company (PLC), Aditya Birla Chemicals, Israel Chemicals, KazPhosphates LLC, Sulux Phosphates Limited, Zimbabwe Phosphates Industries Limited, OCP Group, Innophos Holdings, Inc., Chemische Fabrik Budenheim KG, Haifa Chemicals ltd., URALCHEM JSC, Solvay SA, OCI Company Ltd., Cabot Microelectronics Corporation, Asia Union Electronic Chemical Corp., Hubei Xingfa Chemicals Group Co., Ltd., Yichang Municipal Pacific Chemicals Co., Ltd (YMPCC), Sichuan Blue Sword Chemical (Group) Co., Ltd., Foskor (Pty) Ltd., and Industries Chimiques du Senegal.

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Future Market Insights has published a market research report on the Phosphates market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Phosphates market through three different segments – by Product Type, by Grade, by End Use and by Region.

Phosphates Market by Category

By Product Type:

• Ammonium Phosphate
• Calcium Phosphate
• Potassium Phosphate
• Sodium Phosphate
• Others

By Grade:

• Food & Feed
• Pharmaceutical
• Industrial

By End Use:

• Agrochemicals
• Food & Beverages
• Animal Feed
• Cleansers & Detergents
• Pharmaceutical & PC
• Water Treatment
• Others

By Region:

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

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Increasing demand from the pulp and paper and wastewater industries is expected to contribute strongly towards the expansion of the defoamers market, finds Future Market Insights (FMI) in a recent study. According to the report, the market is estimated to reach a value of US$ 1,920.0 Mn by the end of 2031, exhibiting a CAGR of 4.0% during the forecast period.

As per FMI, silicone defoamers will account for more than one third of market value share in 2021 and is expected to continue its dominance through the assessment period. However, the market experienced a considerable decline in 2020 owing to the weak economic situation created in the wake of the covid-19 pandemic.

A defoamer is a chemical additive, also known as anti-foaming agent that helps reduce foam formation and also prevents the formation of excess foam in industrial process liquids. Defoamers are widely used in diverse industry verticals for various applications including pulp & paper, paints & coatings, water & wastewater treatment industry, food processing, chemical formulation, textiles and among others.

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Geographically, East Asia is estimated to dominate the market during the projection period. Major players in the defoamers market are planning to expand their distribution in the existing markets of U.S. and Europe. Key players are focusing on expanding their reach by diversifying supply chains to avoid disruptions.

Due to the COVID -19 crisis, end users have been impacted in several ways on account of the disrupted supply chain across the globe. In addition to restrictions in trade, shortage of labor and increase in raw material prices also impacted the defoamers market. However, the demand is expected to regain its previous growth from the first half of 2021.

Key Takeaways of Defoamers Market Study

• Aqueous defoamers will account for more than 80% of the market by 2031 owing to ease of use in water treatment, paints and coatings, and pulp and paper applications.
• Silicone based defoamers will reflect the fastest growth with a 4.7% CAGR, supported by consistent process outcomes.
• China will dominate East Asia through 2031 with value share over 63% owing to the presence of major production facilities.
• Germany holds the lead in the Europe market with a US$ 77.2 Bn valuation in 2021, driven by matured chemical and manufacturing sectors.
• The U.S. will account for nearly 90% of the North America market by 2031, supported by the presence of varied end-user industries in the country.

Market Landscape: Competitive Overview

The global defoamers market is moderately consolidated, with some of the leading players accounting for a prominent share of the market. Manufacturers are focusing on strengthening their market presence globally by the acquisition of regional players and investing in research and development to stay up to date with the new trends in the market. Players are also adopting other distribution channels such as e-commerce and online platforms to help cater to demand.

Key market participants include BASF SE, Dow Chemical Company, Evonik Industries, Kemira Oyj, Buckman, Air Products & Chemicals Inc, Accepta, Ecolab Inc. (Nalco), Ashland Inc, Synalloy Chemicals, Blackburn Chemicals Limited, Elementis PLC, Bluestar Silicones France SA, Clariant Chemicals Company, KCC Basildon, Royal DSM N.V, Shin-Etsu, ADEKA Corporation, Wacker Chemie AG, Tiny ChemPro, Elkem Silicones ASA, Teijin Ltd, among others.

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Future Market Insights has published a market research report on the Defoamers market that contains global and Indian industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Defoamers market through three different segments- product type, end use and region.

The Defoamers market report further provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market along with a detailed overview of the parent market.

Defoamers Market by category

Product Type:

• Powder
• Silicone  Defoamers
• Oil Defoamers
• Emulsion Defoamers
• Polymer Defoamers

By Medium of Dispersion:

• Aqueous Systems
• Non-Aqueous/ Solvent

Application Type:

• Chemical Formulation
• Textiles
• Construction Materials (cement, mortar, grouts etc.)
• Paints & Coatings
• Pulp & Paper
• Food Processing
• Pharmaceuticals
• Household & Personal Care
• Water and Wastewater treatment

Region:

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

Why is Research and Development Key to Competitive Strategy in the Defoamers Market?

 Investment in R&D for the development of novel offerings plays a vital role in market growth. Key players in the defoamers market are investing towards the diversification of their portfolio to meet industry specific needs while decreasing process costs and environmental impact with minimal toxicity.

Furthermore, globally, key players are focusing on increasing their production capacities to meet global demand while consuming lesser energy, minimizing carbon emissions without compromising on product quality.

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

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As per a study by Future Market Insights (FMI), increasing applications across diverse sectors, especially the printing and packaging industry will drive the functional films market between 2021 and 2031. Functional films are being steadily commercialized across various industries as they incorporate technologies to improve the functional performance of products on which functional films acts as substrate or a barrier.

As per FMI, the functional films market is poised to reach US$ 47.17 Mn by 2031. The demand for both optical and coating films is considerably high. Of these, coatings films are expected to emerge dominant, exhibiting 8.7% CAGR over the forecast period.

The market is gaining momentum, thanks to the expansion of the packaging and plastic industries. Their usage across automotive also is increasing. Functional films can be spotted in automotive displays, car interiors, transmission systems, and lighting.  In the packaging sector, BOPP films are the “go-to” options for lamination and flexible packaging purposes.

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Key Takeaways of Functional Films Market Study

• Application across various industries will continue driving functional films market at .2% CAGR through 2031
• The U.S. remains the leading functional films market in North America, accounting for over 68% sales in 2021
• After an insignificant year in 2020, the U.K. market will bounce back, registering a little below 6% y-o-y growth in 2021
• Germany and France will remain key markets. Of these, Germany will remain dominant through the forecast period
• Exceptional growth is likely in Japan, as it continues registering expansion of various end-use industries

East Asia is expected to dominate the functional films global market. The intense activities in the region have stimulated market participants to engage in product innovations and steadily commercialize their products. In East Asia, the large demand owned by various end-use industries including consumer electronics and automotive, is likely favorable to mold the Functional Films market. The market growth is also dependent on various other factors such as raw material availability and large consumption base.

Who is Winning?

Some of the leading companies operating in the functional films market include 3M, Dai Nippon Printing Co. Ltd, Toray industries Inc, SABIC, Covestro AG and Saint Gobain Films.

The functional films market is a highly competitive market dominated global petrochemical and chemical manufacturers and key players who are actively involved in the printing and packaging sector.  Some players are adopting backward integration, directly purchasing petrochemicals and manufacturing films from scratch. The market is also driven by regional players and new entrants who are aggressively involved to build their brand name.

The Tier-1 players hold approximately half the global value share. Drive for product positioning and collaboration are some of the common behavioral trends in the global market.

There is increasing focus on sustainability, especially some of the leading players. For instance, Coveris has built two new extrusion lines at Cheshire-based facility in Winsford, in the U.K. This capacity expansion is intended at supporting the company’s goal to achieve pack positive sustainability.

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About the Report:

The research report analyzes the total sales of Functional Films on the basis of value (US$ Mn). The market is projected on the basis of factors such as growth of polymer industry, developments in films, end-use industry demand, global GDP growth, industry value added, and government regulations. The scope of the research report includes only new sales of Functional Films.

Functional Films Market by Segments

Product Type

• Optical film
• Coating film
• Adhesive film
• Conductive film
• Reflection Films

End-use Industry

• Automotive
• Food & Medical Packaging
• Renewable
• Printing & Packaging
• Other Industrial

Region

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

About FMI

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

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Dimethylolpropionic acid is a crystalline compound that is increasingly gaining traction for its extensive use in the development of aqueous urethane dispersions, which are ideal for high gloss waterborne coating offerings with superior flexibility and free-flow characteristics.

Dimethylolpropionic acid is also used in powder coatings as a modification agent in epoxy polyester compounds for improving flow properties, higher levels of gloss, and better impact resistance. Furthermore, DMPA is also used in the development of urethane elastomers for multi-substrate applications.

The growing global demand for electrodeposition coatings particularly, arising from the metals production and processing sector is expected to positively influence market growth. Electro-deposition allows for low-cost production of coatings, while maintaining high performance standards, improving the functional properties of the material.

Dimethylolpropionic acid is also widely used in electric appliances such as HVAC systems. Consequently, the use of associated coatings will drive growth over the forecast period.

ESOMAR-certified market analysis and consulting company Future Market Insights (FMI) delivers insights into key factors driving the dimethylolpropionic acid market in its latest report. Additionally, an evaluation of the effect of the COVID-19 pandemic on the dimethylolpropionic acid market in general, and an analysis of sales in 20+ high-growth markets and relevant end-use industries has been provided in the report.

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What are the Leading Challenges Faced by Dimethylolpropionic Acid Manufacturers?

On one hand, the niche applications of DMPA have set up very positive expectations for the future of the market. However, manufacturers are expected to face a number of challenges in the near future to consolidate production and distribution operations.

The easy availability of numerous substitutes for DMPA including TME, TMP and DMBA, at relatively lower cost has emerged as a major threat to the growth of the global DMPA market. DMBA which is a tertiary carboxylic acid group and two reactive hydroxyl groups, is similar to DMPA in chemical characteristics.

In recent years, the rising penetration of DMBA in polyurethane dispersion applications has bolstered at adoption at a faster rate as compared to DMPA. This will continue to negatively impact demand for DMPA, which has resulted in some DMPA manufacturers around the world to shut down select operations. Research into widening the scope of applications in addition to strategic pricing will play key roles in the development of the market.

Dimethylolpropionic Acid Market – Competitive Landscape

Leading manufacturers in the moderately consolidated dimethylolpropionic acid market are focused increasingly on research and development efforts aimed towards portfolio expansion objectives, in addition to extensive efforts towards seeking strategic acquisitions and collaborations in the industry.

In September 2019, CPS Performance Materials announced the acquisition of GEO Specialty Chemicals, which will allow the company to expand its market portfolio, and special chemicals for personal care and nutrition applications.

In April 2021, CD Bioparticles introduced a series of dendrimers, including DMPA-G1-TMP-Azide, DMPA-G1-TMP-Acetylene, DMPA-G1-TMP-NHBOC, and DMPA-G1-TMP-Carboxyl for applications in coatings, theranostics adhesives, biosensors, and optics.

Waters™ leading chromatography data software (CDS), Empower™, with the introduction of Metrohm Ion Chromatograph, for applications in universal software platform, aimed towards faster sample turnaround.

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Future Market Insights has also analyzed the following players in the dimethylolpropionic acid market in its detailed report: 

• Geo Specialty Chemicals Inc.
• Perstorp Specialty Chemicals AB
• Henan Tianfu Chemical Co. Ltd.
• Jiangxi Nancheng Hongdu Chemical Technology Development Co. Ltd.
• Shenzhen Vtolo Chemicals Co., Ltd.
Key Segments

Product Type

• Polyurethane dispersion
• Resins
• Powder Coating
• Electrodeposition Coatings

Application

• Adhesive
• Glass fiber sizing
• Automotive Topcoat
• Wood Finishing
• Others

Region

• North America (U.S. & Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru, & Rest of LATAM)
• Western Europe (Germany, U.K., France, Italy, Spain, BENELUX, Nordic, & Rest of W. Europe)
• Eastern Europe (Russia, Poland, CIS Countries and Rest of E. Europe)
• Middle East and Africa (GCC Countries, Turkey, South Africa, Israel, & Rest of MEA)
• Japan
• Asia Pacific excluding Japan (China, India, ASEAN, South Korea, Australia, & Rest of APEJ)

As per the Future Market Insights report, the covid-19 pandemic cut into the short-term rate of growth in the dimethylolpropionic acid industry. However, the market is expected to witness a steady recovery through 2021 with an estimated CAGR between 7% and 10%.

Countries across the Asia Pacific excluding Japan region will remain major contributors to growth. Increasing awareness and rapid adoption of polyurethane dispersion processes in the United States will provide major impetus to developments of the market in the near future.

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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The worldwide bean flour market is supposed to be esteemed at US$ 2,671.3 Million of every 2022, and is projected to arrive at US$ 5,014.4 Million by 2032. A CAGR worth 6.5% is normal for the market during the 2022-2032 estimate time frame.

Bean flours are produced from pulverized dried or even sometimes ripped beans. White bean is a variety of common bean and is in oval and slightly flattened shape. Black beans are also known as turtle beans mostly popular in Latin America. Black beans are named for their shiny dark black color. Bean flour are the source of oxalate, flavonoids such as delphinidin, petunidin, malvidin, Kaempferol and quercetin, hydroxycinnamic acids including ferulic, sinapic, and chlorogenic acid, triterpenoid phytonutrients and fatty acids.

Bean flour is a good source of molybdenum, folate and dietary fiber coupled with other sources such as copper, manganese, phosphorus, vitamins, proteins, magnesium, etc. Black beans had health benefits and considered as one of the world’s healthiest food. Bean flour have health benefits such as prevention of cardiovascular disease, reducing a risk of certain types of cancer, improves digestive health, regulates body’s blood sugar and others, which makes it a popular legume in health-conscious consumers. Black beans are available throughout the year which in turn helps in continuous availability of bean flour, sufficing the customers demand in global market.

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Global Bean flour Market: Drivers and Restraints

The bean flour market is primarily driven by health conscious consumer as bean flour have different health benefits such as prevention of cardiovascular disease, reducing a risk of certain types of cancer, improves digestive health, regulates body’s blood sugar and others. Increasing awareness of healthy diet in consumers. The trend of increasing demand for delicious products for a different occasion is growing which is growing demand for organic bean flour as it is one of the ingredients used in the production of desserts. Increasing consumption of health drinks or protein shakes is trending in youths which is one of the key drivers for increasing bean flour demand.

Global Bean flour Market: Segmentation Overview

The bean market is segmented by its end-use as an ingredient and packed foods. Bean flour has its application in the food industry as in soups, sauces or marinades, dressings, dips, seasonings, snacks, appetizers, entrees, etc. Industries manufacturing sausages and other condiments use bean flour as one of the ingredients to enhance the taste of the product and make the product healthy for consumers. Use of bean flour in preparing desserts such as brownies and smoothie is increasing. Bean flour is also available in packed products which are distributed through retail chain for household consumption.

The bean flour is segmented by nature as organic and conventional. Use of organic bean flour is increasing as a result of increasing awareness of health benefit of organic products. Global demand for the organic bean flour is growing amongst bodybuilders and gym instructors as it is an excellent source of proteins.

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Global Bean flour Market: Regional Outlook

Depending on geographic regions global Bean flour market is segmented into five broad regions: North America, Latin America, Europe, APAC and ME. India and Brazil are the largest producers of black beans commercially in a global market, which acquires maximum market of total bean flour market globally. China produces the most significant volume of green, non-dried form of black beans. Central America, Latin America, Mexico, Indonesia, and the U.S. are emerging markets in bean flour production. Black beans consumed on a daily basis in Mexico, Brazil, Cuba, Guatemala and the Dominican Republic in their cuisines.

Global Bean flour Market: Prominent vendors   

Some of the key players identified across the value chain of the global Bean flour market include Nikken Foods, Xi’an Sost Biological Science & Technology Co. Ltd.,  Bob’s Red Mill Natural Foods, Damin Foodstuff (Zhangzhou) Co. Ltd., GreenMax S&F, Ottogi Co, Ltd., Green Image Organic Sdn. Bhd. are amongst.  Few of the strategies adopted by the key players in the market are partnership and collaboration with other operators, expansion into the untapped market, and joint ventures with the organizations in emerging countries to gain the strong foothold in the market. To ensure product differentiation and to acquire a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products.

Regional analysis for Bean flour Market includes

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

Global Bean flour Market: Segmentation

The global bean flour market is segmented by product type into:

• Black bean flour
• White bean flour

The global bean flour market is segmented by nature type into:

• Conventional
• Organic

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.

About FMI

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

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The worldwide wet pet food market size is assessed to be esteemed at US$ 21.5 Bn in 2022. Moreover, with rising reception of pets around the world, the general interest for wet pet food is ready to develop at a consistent CAGR of 5.3% somewhere in the range of 2022 and 2032, adding up to a market valuation of US$ 36 Bn by 2032. Wet pet food is gaining momentum and is offered several ways, such as mousse textured supplements, bone broths frozen treats, and novel canned foods.

This growth has garnered the attention of investors and a few big human food production companies such as General Mills and J.M. Smucker Company have now entered into the pet food market as well as quickly adapting according to the latest trends

According to American Pet Products Association’s (APPA) recent insights, the total US pet industry expenditure in 2020 is estimated to be $99.0 Bn, in which $38 Bn is anticipated to spend on pet food & Treats. This steady growth encourages manufacturers for innovation and product development as the market becomes gradually crowded and customer demands continue to evolve.

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Wet Pet Food Market – Key Drivers

Preference of pet owners to buy superior products to ensure proper nutrition, care, and good health is anticipated to propel the wet pet food market. In addition to this, brands are calling out the percentage of the exact ingredients on their labels, draw attention towards the amounts of fresh-meat or animal-based protein in their products. Tiki Pets’ latest Dark Pâté wet diets comprise around 95% protein from meat ingredients.

Online store for wet pet food is gaining popularity in developing nations such as China and India. Increased usage of laptops, computers, and mobile phones has helped in the expansion of digital channels, both in volume and strength. As more super-premium brands take an omnichannel method, retailers – both online and offline- are competing with prominent brands for an online position or shelf space.

Brands are trying new treats and wet options in the market, for instance, Cloud Star dipped into the frozen and fresh trend to debut Ice Treats. Additionally, Merrick introduced a line of local barbeque-inspired wet dog foods, comprising Texas, Memphis, North Carolina, and Kansas City barbeque flavors. It additionally added bone broths in chicken, beef, and turkey.

WET PET FOOD MARKET – Growth Constraints

The wet pet foods’ contents normally include chunks in jelly, chunks in gravy, meatloaf, and casserole formats. However, the canned food particularly meat-based is available in the market at a high cost, which may restrict its preference amid consumers.

Increasing dental problems for pets which ensures an increase in dental care cost is restraining the wet pet food market. Additionally, pet sensitivities among consumers are one more major attribute restraining market growth. Competing for an online position or shelf space with private label brands is another obstacle prominent wet pet food companies must overcome in the modern market.

COVID-19 Impact Analysis

The anticipated global economic turmoil caused by nationwide lockdowns due to COVID-19 has influenced the wet pet food market. Insights reported by the APPA reflect strong growth potential owing to a low-based crisis effect.

On the background of the optimistic forecasts, several companies were mulling plans to set up new manufacturing plants. Recently, Mars was going to twofold its capacities for wet pet food manufacturing plants in Rostov Oblast, Russia. Manufacturers are rethinking their business strategies such as expansion to stay afloat during the crisis.

Wet Pet Food Market – Region-wise Analysis

North America will spearhead the global wet pet food sector and gaining notable market share during the forecast period. This is owing to the abundant accessibility of varied pet food products in the U.S. This region is trailed by the Asia Pacific and Europe in market share terms. The presence of a huge consumer base and higher pet ownership in the US will boost sales in the region.

In the European region, the UK accounts for the biggest market share of the wet pet food market owing to the rising pets population. Asian nations, directed by China, India, Japan, and South Korea, came out as one of the prominent markets all over the globe. Additionally, the rising demand for premium dog food is anticipated to boot market sales.

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Wet Pet Food Market – Competitive Analysis

Companies are majorly inclined towards growth, merger & acquisition, expansion, and new product development. For instance, Nestlé Purina PetCare took over natural pet food brand Lily’s Kitchen, the UK’s prominent producer of premium dry and wet natural foods for cats and dogs. The acquisition will help Nestle to grow its business impression in regions such as the Middle East and Asia.

Beaphar acquired Primevel, a leading producer of horses and dogs food supplements. The acquisition will help Primevel to boost its product distribution and sales through Beaphar distribution channels.

Value Enhancement Partners (VEP) & partners took over 100% shares of De Haan Petfood, a producer of premium canned pet food. VEP will help De Haan Petfood boost its market presence and expand its offering to the customers.

Major companies operating in the worldwide wet pet food market are

• Nestlé (Switzerland)
• Beaphar (U.K)
• Blue Buffalo Co., Ltd. (U.S)
• Harringtons Foods (U.K)
• WellPet LLC (U.S)
• Colgate-Palmolive (U.S)
• De Haan Petfood (Netherlands)
• Spectrum Brands, Inc.(the U.S)
• Mars
• MONGE SPA
• Evanger’s
• Sunshine Mills
• Simmons Pet Food, Inc.
• PetGuard
• C&D Foods
• Darling Ingredients Inc.
• Ani Manufacturing.

Region

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

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Wet Pet Food Market – Segment Analysis

The global wet pet food market is categorized on the basis of following:

Product

• Dog food
• Cat food
• Others

Distribution Channel

• Online
• Retail
• Supermarket/ hypermarket
• Special store
• Others
• Offline

Application

• Commercial
• Residential

About FMI

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

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Worldwide botanical flavors Market request is expected to be esteemed at US$ 7,876.7 Million out of 2022, estimate to develop at a CAGR of 8.7% to be esteemed at US$ 18,196.3 Million from 2022 to 2032.

Botanical flavors are extracts from fruits, leaves, flowers, seeds, barks, spices and from many other plant materials. Botanical flavors have wide application in food and beverage industry as it used to enhance the flavor, taste and richness of products including bakery, dairy, savory, confectionery, juices, drinks and alcoholic drinks.

Increasing demand of health conscious consumers in the global level market regarding consumption of healthy and nature-based products are expected to drive the market growth of botanical flavors over the forecast period. Currently, the majority of demand for botanical flavors accounts to North American and European market.

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Botanical Flavors: Growth Drivers

Some of the key drivers which are influencing the demand for botanical flavors in the global level market are from the side of food and beverage manufacturers as they used these flavors as natural ingredients and functional ingredient in their food recipes. Botanical flavors have wide application in the beverage industry, companies are offering new beverages and using botanical flavors to make improvement in their existing products.

Moreover, it has healthy attributes that help the companies to meet consumers demand related to healthy and organic food products. In the global level market, the beverage industry is facing tough competition due to innovation and formulation of nutritional beverages as companies are focusing on offering health benefit and flavored drinks.

Usage of botanical flavors in food and beverage offers great taste and natural flavor and enriched the nutritional value of products. On the other side, the demand for botanical flavors is also increasing among the consumers who are seeking for enhanced health benefit and nature based products. Botanical flavors have nutritional value including protein, vitamin, and other minerals. Moreover, consumers are experiencing distinctive natural taste while eating and drinking.

Botanical Flavors: Market Segmentation

Botanical flavors market segment has been segmented on the basis of different segments. On the basis of extraction, the botanical flavor market is segmented by extraction which includes fruits, leaves, seeds, barks and others (herbs and roots). Among this segment, fruits and leaves segment are expected to show robust growth over the forecast period.

Another segment is on the basis of form and it is segmented in form of solid, fluid and powdered form. The further botanical flavor market is also segmented on the basis of application which is segmented in food, beverage and personal care industry. On analyzing the demand for botanical flavor on graph, it shows that majority of the demand for botanical flavor is from food and beverage industry.

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Further market segment of the food industry is sub-segmented into the bakery, dairy, savory and confectionery products and beverages is sub-segmented into alcoholic and non-alcoholic beverages  as in beverage industry it is used in preparing juices, tea, energy drinks, wines, beer etc. Using of botanical flavors in food and beverages is one of the natural ways to enhance the flavor and taste of food recipes.

Further in the personal care industry, botanical flavors have application in cosmetics, hair care, and skin care products. Currently, in cosmetics and personal care product market, the demand for products which includes natural ingredient and flavor has increased due to skin care problems. Adding botanical flavors in personal care products, makes the quality of product better and offer benefits such as healthier hair and softer skin.

Botanical Flavors: Regional Outlook

On the basis of regional segment, market of botanical flavors is segmented in five different regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, japan and Middle East and Africa. It is expected that North America and Europe account to highest growth in terms of both volume and value over the forecast period.

Botanical Flavors: Key Players

Some of the key players that are operating in the botanical flavor market: Synergy Flavors, Bell Flavors & Fragrances GmbH, Parker Flavors, Inc., Archer Daniels Midland Company, Kanegrade Limited, Carrubba Incorporated and Sapphire Flavors & Fragrances.

The Report covers exhaustive analysis on

• Botanical Flavors Market Segments
• Market Dynamics of Botanical Flavors Market
• Historical Actual Market Size, 2013-2015 for  Botanical Flavors Market
• Botanical Flavors Market Size & Forecast 2016 to 2026
• Value Chain
• Botanical Flavors Market Current Trends/Issues/Challenges
• Competition and Companies involved in Botanical Flavors Market
• Botanical Flavors Market Drivers and Restraints

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Key Segments Profiled in the Botanical Flavors Industry Report

Botanical Flavors Market by Extraction:

• Botanical Flavors from Fruits
• Botanical Flavors from Leaves
• Botanical Flavors from Seeds
• Botanical Flavors from Barks
• Botanical Flavors from Other (Herbs and Roots) Sources

Botanical Flavors Market by Form:

• Solid Botanical Flavors
• Fluid Botanical Flavors
• Powdered Form Botanical Flavors

Botanical Flavors Market by Application:

• Botanical Flavors for Food
  • Bakery
  • Dairy
  • Savory
  • Confectionery Products
• Botanical Flavors for Beverages
  • Alcoholic
  • Non-alcoholic
• Botanical Flavors for Personal Care Industry
  • Cosmetics
  • Hair Care
  • Skin Care Products

Botanical Flavors Market by Region:

• North America Botanical Flavors Market
• Latin America Botanical Flavors Market
• Europe Botanical Flavors Market
• Asia Pacific Botanical Flavors Market
• Middle East & Africa Botanical Flavors Market

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 global better for you snacks market is expected to witness growth at a CAGR of 6.5% from 2022 to 2032 and reach a valuation of US$ 70 Bn by 2032.

Surging demand for healthy, convenient, and highly portable snacks is projected to boost growth. Shifting preference for organic snacking products to maintain one’s overall health and wellness is also expected to drive the market. Thus, manufacturers are investing huge sums in the launch of unique snacks.

Growing popularity of the customized healthy snacks trend is another factor that would aid growth. Consumers are demanding for new snacks that would fit their lifestyles, diets, and health requirements. As a result, tailored nutrition is becoming increasingly popular across the globe.

Snacks that are low in carbohydrates and cholesterol, as well as are gut-friendly, are becoming increasingly popular globally. Consumers are preferring innovative snacks that are made from natural ingredients and do not contain any chemical additives. In order to gain brand loyalty, key companies are developing new products that are non-GMO and vegan.

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Key players are also becoming more transparent about the ingredients and their source. They are mentioning details about various processes that raw materials go through before they are actually converted into final products.

Demand for better for you snacks is expected to surge in the evaluation period across the globe as consumers are becoming more aware about food products that are good for their health.

Key Takeaways: Better for You Snacks Market

• The North America and Europe better for you snacks market is expected to grow at CAGRs of 6.1% and 6.6%, respectively, through 2032.
• The Latin America and Oceania better for you snacks market is likely to exhibit CAGRs of 5.8% and 5%, respectively, in 2022.
• The U.S. better for you snacks market is expected to reach US$ 7.1 Bn in 2022.
• The global better for you snacks market is estimated to reach a valuation of US$ 37 Bn by 2022.
• The better for you snacks market is likely to account for 20% of the global snack industry in 2022.

“Manufacturers of better for you snacks are focusing on developing new products that would have functional ingredients to provide health benefits without compromising on the taste and texture. They are also focusing on developing vegan, non-dairy, and diet friendly snacks in order to appeal to a large consumer base,” says a Future Market Insights analyst.

Competitive Landscape: Better for You Snacks Market

Key players in the global better for you snacks market are investing in the development of new healthy variants of snacks to enter the untapped regions. They are also launching novel nutrient-rich food products that are convenient to take to work and have longer shelf lives.

For instance,

• In May 2022, RW Garcia, a renowned brand of artisan, high-quality snacks, launched three new types of fan-favorite organic crackers in select Whole Foods Market stores across the U.S. These crackers are available in 5.5-ounce boxes in three different flavors, namely, Organic Lentil with Turmeric, Organic Everything, and Organic Sweet Potato.

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Explore More Valuable Insights on Better for You Snacks Market

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

The study offers compelling insights based on type (bakery snacks, candy, confectionery, sweet frozen treats, fruit snacks, savory snacks), sales channel (offline sales channel [supermarkets/hypermarkets, departmental stores, convenience store, other sales channel], online sales channel [company website, e-commerce platform]), and region (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA)

Better For You Snacks Market Outlook by Category

By Type:

• Bakery Snacks
• Candy
• Confectionery
• Sweet Frozen Treats
• Fruit Snacks
• Savory Snacks

By Sales Channel:

• Offline Sales Channel
  • Supermarkets/Hypermarkets
  • Departmental Stores
  • Convenience Store
  • Other Sales Channel
• Online Sales Channel
  • Company Website
  • E-commerce Platform

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Frequently Asked Questions

• How much is the global better for you snacks market worth?
• What will be the global better for you snacks market size in 2032?
• What was the last 5-year CAGR of the global better for you snacks market?
• At what rate will the better for you snacks market grow in Europe?
• What are the key trends influencing the better for you snacks market?
• At what rate will the better for you snacks market grow in North America?

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About FMI

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

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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A recently published study by FMI expects the global alternative protein market to augment at a 21% CAGR from 2022 to 2032. By the end of the forecast period, alternative protein market is expected to garner a market value of US$ 496.56 Billion by 2032. Alternative protein is gaining prominence in the livestock industry and food & beverage industry owing to the nutrition it provides, Innovations and launches of different proteins is increasing the sales of alternative proteins.

From 2016 to 2021, the global pet snacks and treats market registered a CAGR of 14% by accumulating a market value of US$ 61 Billion in 2021. The COVID-19 pandemic played a key role in increasing the importance of building immunity. Thus, most people invested in organic and clean protein to stay healthy. In addition, demand for meeting dietary requirements of animals is escalating the demand for alternative proteins.

North America, Asia Pacific and Europe are the major contributors to the alternative protein market owing to different reasons. Most people suffer from lactose intolerance or food allergies. Thus, consumers are investing in alternative protein. International players and start-ups are launching different protein products to cater to a larger consumer base.

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Key Takeaways from the Market Study

• By source, microbial-based protein is expected to possess 40% market share for alternative protein market in the forecast period 2022-2032.
• By application, animal feed is expected to procure 55% market share for alternative proteins
• North America is expected to possess 40% of market share for alternative proteins
• Asia Pacific is expected to procure 18% market share for alternative proteins
• Europe is expected to possess 25% market share for alternative protein market in the assessment period.

“Alternative protein manufacturers are focusing on innovation and sustainability. This has led to production of cleaner and nutritious protein, thus, increasing sales of the same.” states an FMI analyst.

Market Competition

Key players in the global alternative protein industry are Cargill Incorporation, Royal DSM NV, AMCO Proteins, Puris, Axiom Foods, Darling Ingredients, Innovafeed, Lallemand Inc, Hamlet Protein, Archer Daniel Midland Company, AB Mauri, Soja Protein, Ingredion, Ynsect, Angel Yeast, and Calysta Inc.

• Cargill Incorporation, a key player has introduced pea protein in the Asia market. The pea protein comprises of non-GMO features and has low allergenic. The protein is highly versatile and can be used in different food preparation.
• Royal DSM NV launched CanolaPRO, a plant-based protein source from canola (rapeseed). The protein is gluten-free, non-dairy, Non-GMO and offers a mouthfeel texture.

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More Insights Available

FMI, in its new offering, presents an unbiased analysis of the global alternative protein market, presenting historical analysis from 2016 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of by Source (Insect-based, Microbial-based, Plant-based, others) by application (Food & beverages, Cattle, Aquaculture, Animal Feed, Pet food, Equine, Others) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Key Segments Profiled in the Alternative Protein Market Industry Survey

Alternative Protein Market by Source:

• Insect-based Alternative Protein
• Microbial-based Alternative Protein
  • Bacteria
  • Yeast
  • Algae
  • Fungi
  • Others
• Plant-based Alternative Protein
  • Soy Protein Isolates
  • Soy Protein Concentrates
  • Fermented Soy Protein
  • Duckweed Protein
  • Others
• Other Alternative Protein Sources

Alternative Protein Market by Application:

• Alternative Protein for Food & Beverage
• Alternative Protein for Cattle
• Alternative Protein for Aquaculture
• Alternative Protein for Animal Feed
• Alternative Protein for Pet Food
• Alternative Protein for Equine
• Alternative Protein for Other Applications

Alternative Protein Market by Region:

• North America Alternative Protein Market
• Latin America Alternative Protein Market
• Europe Alternative Protein Market
• Asia Pacific Alternative Protein Market
• Middle East & Africa Alternative Protein Market

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Frequently Asked Questions

• What is the anticipated growth of the alternative protein market until 2032?
• What is the estimated market value of alternative protein market expected in 2022?
• What is the estimated market value of alternative protein market expected in 2032?
• Which region is forecast to be the most lucrative for alternative protein market growth?
• Which are some prominent alternative protein manufacturers?
• What is the expected market share of Asia Pacific for alternative proteins in 2022?
• What is the expected market share of Europe for alternative proteins?
• Which type of source is expected to hold the largest market share for alternative proteins?
• Which type of application is expected to hold the largest market share for alternative protein?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant based market blog

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 global liquid feed supplements market is anticipated to hold a value of US$ 5,918.2 Million in 2022 and reach US$ 9,732.3 Million by 2032.

A mounting number of consumers across the world are turning vegan over heightening concerns about their health and wellness. Also, consumer awareness about the negative impacts of the meat industry is encouraging them to spurn animal-based products. Yet, the livestock industry has maintained its growth trajectories amidst all the recent changes in industrial trends and rise of the veganism trend among consumers worldwide, which is ultimately influencing growth of the liquid feed supplements market.

Positive growth prospects of the livestock and poultry industry have given an impetus to various developments in the animal feed additives market. The global sales of animal feed additives reached US$ 14 billion in 2015, and the improvements in their sales potential is propelling demand for feed supplements. With increasing awareness about the importance of animal nutrition and animal healthcare products such as animal antibiotics and antimicrobials, among stakeholders in the livestock industry, the demand for veterinary feed supplements is poised to surge in the coming years.

Liquid feed supplements are emerging as one of the latest trends in the animal feed supplements industry, as manufacturers are focusing on offering a composition of supplements to better suit the animal feedstuff. Innovative and nutritional ingredients such as feed enzymes, vitamins, minerals, and other nitrogen-containing active ingredients, are being incorporated in the manufacturing of liquid feed supplements to further improve their nutritional values.

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Leading players in the liquid feed supplements market are focusing on capitalizing on the increasing growth of the poultry feed market,

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Liquid Feed Supplements Market – Competitive Landscape

Leading players and other stakeholders in the global market for liquid feed supplements market that are featured in the report include Archer Daniels Midland Company, Cargill Incorporated, Ridley Corporation Limited, BASF SE, Westway Feed Products LLC, Graincorp Ltd., Quality Liquid Feeds, Dallas Keith Ltd., Quality Liquid Feeds, Land O’lakes, Inc., Inc., and Cattle-Lac Liquids Inc. Some of the notable developments in the liquid feed supplements market are:

• In February 2019, Cargill Incorporated – one of the global leaders in the animal feed industry – announced that it has planned to invest approximately US$ 20 million to manufacture its new greenfield premix plant in Rajasthan, India. The company declared that the new feed premix facility is planned to be built on 15 acres of land in Kota and its monthly manufacturing capacity is announced to be around 7,500 tons of animal nutrition products and veterinary feed supplements.
• In June 2019, Land O’lakes, Inc. – a U.S.-based member-owned agricultural cooperative – announced that is has partnered with Royal Agrifirm Group (Agrifirm) – a Netherlands-based cooperative enterprise – to form a dairy animal feed joint venture – Agrilakes – in China. The company is continuing its commercial growth strategy by focusing on collaborating with locally-successful companies to boost its global presence in the feed supplements industry.
• In April 2019, Archer Daniels Midland Company – world’s leading agricultural processors and food ingredient providers – announced the opening of its new livestock feed facility in Illinois, which is its fourth animal nutrition manufacturing facility in North America. The company also announced that it has made significant investments to expand and improve our animal nutrition capabilities. For instance, the company recently acquired Protexin – a leading provider of probiotic supplements for animal feed markets, headquartered in the United Kingdom.
• In September 2019, DuPont Animal Nutrition – a business unit of DuPont Nutrition & Biosciences (DuPont) and leading provider of innovative enzyme, natural betaine and probiotic feed technologies for the livestock industry – announced the launch of Axtra® PHY in Japan. Its new product – DuPont™ Axtra® PHY is a phytase enzyme designed to enhance animal health and performance in poultry and swine. The company also launched DuPont™ Syncra® AVI, a feed supplement for improving nutrient digestibility in poultry livestock, in Asia Pacific.

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Factors Influencing Growth of the Liquid Feed Supplements Market

Rising Adoption of Technological Solutions to Improve Efficiency and Productivity

Leading players in the liquid feed supplements market are leveraging recent advancements in technology to improve and optimize manufacturing and other business operations. With the increasing demand for and growth of the liquid feed supplements market, leading manufacturers are expected to join forces with technology companies to attain greater transparency in the supply chain and sustainability in multiple business processes with the help of state-of-the-art technological solutions. For instance, BASF Corporation and arc-net – a technology company head quartered in Belfast, Northern Ireland – to incorporate the Blockchain technology in analyzing and capturing various sustainability parameters in livestock production. While technology calls for initial investments and high capital, the adoption of next-generation technological solutions is only likely to be observed among leading players in the liquid feed supplements market.

Increasing Demand for Liquid Feed Supplements with Poultry Nutrition Additives

Taking into consideration the increasing demand for poultry meat, stakeholders in the liquid feed supplements market are focusing on catering the specific nutrition needs in the poultry industry. By bolstering the research & development activities to introduce innovation in poultry nutrition additives, liquid feed supplement manufacturers are aiming to expand their customer base including poultry producers. Leading players in the market are expected to introduce liquid feed supplements with essential amino acids, vitamins, organic trace mineral feed, area-speci?c mineral mixtures, and macro and micro-minerals for sustainable poultry production. However, in the coming years, the demand for liquid feed supplements is expected to grow at a significant rate in the ruminants segment.

Positive Sales Opportunities in the Livestock Sector in Asia Pacific

Stakeholders in the liquid feed supplements market are noticing the increasing growth of the meat industry and livestock sector in Asia Pacific, and are modifying their business strategies to expand presence in the region. Manufacturers are aiming to capitalize on increasing awareness among stakeholders in Asia Pacific’s livestock sector about the importance of animal health and feed nutrition. This is expected to bolster the sales potential of liquid feed supplements in the region, creating new sales opportunities for market players. Leading manufacturers in the liquid feed supplements market are investing heavily in developing countries in Asia Pacific, such as China and India, to cater to the increasing domestic demand and incur more profits in the coming years.

The research report presents a comprehensive assessment of the liquid feed supplements market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The liquid feed supplements market is broadly segmented according to the type, source, and feedstock.

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

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Report Highlights:

• A detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size regarding volume and value
• Recent industry trends and developments for yorker spouts market
• Competitive landscape for yorker spouts market
• Strategies for key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

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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