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Deodorization Systems Market Study on Growth, Key Growth Factors, Sales Channel and Revenue Forecast-2030

The global deodorization systems market size is expected to reach US$ 5.2 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 3.4% CAGR between 2020 and 2030. According to the report, the market is anticipated to grow in the forecast period owing to improvements in the quality of deodorization system coupled with the increasing demand of the deodorizers from oil industries.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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Some of the players operating in the global deodorization systems market include Desmet Ballestra (Belgium), Gianazza International S.p.A. (Italy), Crown Iron Works (US), DVC Process Technologists Pvt. Ltd. (India), Alfa Laval AB (Sweden), Zhengzhou Sunshine Machinery Co. Inc. (China), and Gianazza International S.p.A. (Italy). The manufacturers are highly focused on taking development and marketing strategy to boost this market’s growth.

During the forecast period, the chemical refining segment is expected to hold the largest share in the deodorization systems market as it is a fairly efficient method of reducing the fatty acid content in crude oil with higher boiling point.

This process is used to treat high free fatty acid content in the oil. Chemical refining is performed to extract the fatty acids from the crude oil that are then neutralized using caustic soda. It results in batch settling or centrifugal separators separating the sodium soaps. Then, the neutral oils are bleached and deodorised.

It includes in-depth insights into the deodorization systems market. Some of these are:

The estimated value of the market was at US$ 3.7 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Asia Pacific accounts for the largest share in the global deodorization systems market due to the high industrial growth potential and industry favorable policies.
The growth in manufacturing sector and upcoming demand for hybridization of algal oils with regular oils is likely to showcase growth opportunities for the deodorization system market during the forecast period.
In the near future, the continuous segment will account for maximum share in the global demand for deodorization systems.
Rising equipment exports and increased demand for edible oil are some of the main factors that will increase the growth of this market in the near future.

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Variation in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

As the coronavirus outbreak continues to develop, now is the time for food and beverage companies to consider response actions to help mitigate their risk and prepare for how they will deal with the fallout from the coronavirus. An effective plan should include establishing an interdisciplinary crisis response team to identify, assess and manage the risk presented. The team should include personnel from purchasing, operations, quality, regulatory, finance and legal. Coronavirus outbreak had a considerable impact on consumption pattern of buyers. This will invariably impact growth forecasts for the market.

Who is Winning?

Some of the players functioning in the global deodorization systems market include Desmet Ballestra (Belgium), Gianazza International S.p.A. (Italy), Crown Iron Works (US), DVC Process Technologists Pvt. Ltd. (India), Alfa Laval AB (Sweden), Zhengzhou Sunshine Machinery Co. Inc. (China), and Gianazza International S.p.A. (Italy). The manufacturers are highly focused on implementing creation and marketing strategy to stimulate this market’s growth.

Besides that, mergers and acquisitions continue to be a common strategy among market players. With strategic partnerships, corporations plan to extend their regional footprint.

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DEODORIZATION SYSTEMS MARKET TAXONOMY

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

Component

Pumps
Towers
Coolers
Oil & Management Systems
Tanks

Technology

Thin Film
Packed Column

Refining Method

Physical Refining
Chemical Refining

Edible Oil

Soybean Oil
Olive Oil
Peanut Oil
Canola Oil
Sunflower Oil
Palm Kernel Oil
Cottonseed Oil
Coconut Oil
Palm Oil

Operation

Batch Deodorization Systems
Semi- Continuous System
Continuous Deodorization Systems

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

KEY RESEARCH FINDINGS

Deodorization systems help in refining edible oils and fats. It’s a multi-step process which includes oil desecration, heating and cooling, deodorization-de acidification, and vapour scrubbing systems
Coconut oil, palm oil, olive oil, mustard seed oil, peanut oil, soybean oil, and sunflower are some of the oil which can be refined by deodorization process
Key factors contributing to the growth of the global deodorization systems market are growing environmental issues, rising industrialization, increasing market awareness and the inclination of producers towards cost-effectiveness
The chemical processing industry is expected to account for the leading share in the global deodorisation systems market
Among edible oil types, palm oil accounted for higher share the global deodorization systems market.
The Asia Pacific market is expected to rise at the highest CAGR due to the remarkable expansion of the food and beverage and industry in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand and Malaysia.

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 8 years.

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Fluorotelomers Market Share Report with Future Outlook, Key Analysis, Top Companies, Competitors-2029

The global fluorotelomers market size is expected to reach US$ 1,510.0 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of more than 11% between 2019 and 2029. According to the report, the rising demand for efficient and environmentally friendly food packaging technologies will stoke growth of the market.

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It includes in-depth insights into the fluorotelomers market Some of these are:

The estimated value of the market was at US$ 513 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Regionally, Asia Pacific and North America have emerged as a key markets for fluorotelomers.
Fluorotelomers iodide, fluorotelomers alcohol, and fluorotelomers acrylate are key products available in the market.
Among products, fluorotelomers alcohols are expected to witness considerably high demand over the forecast period.

Developments in Specialized and Niche Applications Create Opportunities for Expansion

The increasing application of fluorotelomers in niche industries such as metal plating, photography, and semiconductor will stoke growth of the market. In the coming years, the market is expected to benefit from technological advancements. With younger consumers demonstrating keenness for fluorotelomers, the market is expected to record a strong rate of growth in the coming years.

“The presence of strong textile industry will back the growth of fluorotelomers market in Asia Pacific. In addition to this, the market will witness high demand because of the environment-friendly characteristics of fluorotelomers,” said a lead analyst at FMI.

Increasing Application in Food Packaging will Drive Growth

Despite being at a nascent stage, the fluorotelomers market is witnessing impressive growth. The rising demand across various end users will boost the market. For instance, fluorotelomers are used as coating in food packaging. Considering this, the increasing demand for ready-to-eat foods will have a positive impact on the overall market. Additionally, the market will gain from the rising demand from textile industry.

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Who is Winning?

Some of the leading players operating in the fluorotelomers market are Clariant, Asahi Glass, DuPont, Daikin America, and Sigma-Aldrich Corporation.

Get Valuable Insights into Fluorotelomers Market

Future Market Insights, in its new report, presents an unbiased analysis of the global fluorotelomers market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. In terms of product, the market can be segmented into fluorotelomers alcohol, fluorotelomers acrylate, fluorotelomers iodide and others. On the basis of application, the market can be segmented into firefighting foams, food packaging, stain resistance, textile and others.

As a result of increasing competition, the market players are focusing on expanding their product portfolio and improving sourcing process. Their expansion strategies are further aided by agreements between them and local players across emerging market. These companies are particularly focusing on catering to changing consumer preference across various applications.

In addition to this, introducing technological improvements remain a key strategy among companies. For instance, DuPont is focusing on the development of innovative fluorotelomers for repellents and surfactants so that they deliver maximum performance with minimal adverse impacts.

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Market Segmentation

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

Product Type:

Fluorotelomer Alcohol
Fluorotelomer Acrylate
Fluorotelomer Iodide
Others

Application:

Fire Fighting Foams
Food Packaging
Stain Resistant
Textiles
Others

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

About FMI

Glucuronolactone Market Demand & Supply Analysis, Historical and Future Outlook with Upcoming Opportunities -2029

Due to the expansion of the food and pharmaceutical industry, the demand in the glucuronolactone market is increasing. Consumes are gradually shifting towards consumption of healthy food. As a result of this the demand for dietary supplements are increasing, which in turn, fuels the demand for Glucuronolactone. The market is anticipated to rise at a CAGR of ~3.9% between 2019 and 2029, Future Market Insights foresees stable growth for the market.

Key Takeaways from the Glucuronolactone Market Study

Newer technologies and increased attention to clean label product development will enable the glucuronolactone market exhibit high growth. In addition, leading manufacturers are now focusing on strengthening their distribution and supply base in order to ensure that products are easily available to their target customers. This could bode well for the market in the upcoming years.

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According to the report, several manufacturers are expanding their global presence through collaboration and acquisition of major regional and domestic-level players in order to strengthen its presence in global gluconolactone market. This is intended to expand their product offering and product portfolio. Manufacturers are also intending to expand their global footprint by opening new of manufacturing facilities in nations that offer lucrative growth opportunities. Currently manufactures are investing in research and development activities to boost their manufacturing capabilities in their targeted region and country.
Among various end-use segments, the dietary supplements and energy drinks segment is currently leading the market. Owing to increasing focus on fitness, an increasing number of consumers are switching to energy drinks from carbonated drinks, which in turn, fuel demand witnessed in the Glucuronolactone market.

“Glucuronolactone market is gaining strength from various applications in the food and beverage industry. Changing lifestyle and rising health concerns are fuelling the demand for energy drinks, dietary supplements and other functional foods. Moreover, manufacturers are focus on incorporation of more advanced technologies mainly which are beneficial for health. All these will lead to higher demand for Glucuronolactone” says an FMI analyst.”

Due to the rising demand from pharmaceutical and food industries the glucuronolactone market is anticipated to show a steady rate of growth in the forthcoming period. Few years back, gluconolactone containing products such as, Red Bull, were banned in some European countries including France, Norway, and other Scandinavian countries. Since 2008, France has lifted its ban on Red Bull, and the product has appeared on the shelves of the supermarkets. The household spending of consumers in these countries is well above the developing countries and consumption of energy drinks and other beverages is higher.

The use of cosmetics and personal care products is increasing globally. The use of glucuronolactone in these products is increasing owing to the increase in research and development. These applications and the use of glucuronolactone in end-use products will result in steady growth of the glucuronolactone market. Also, the rising prices of the naturally sourced glucuronolactone in the market will increase the global value of the glucuronolactone market by 2029.

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Who is winning?

Some of the market players profiled in the report are

Hubei Yitai Pharmaceutical Co.Ltd., Shaoxing Marina Biotechnology Co.Ltd., Merck Millipore Corporation, Foodchem International Corporation, Anhui Fubore Pharmaceutical & Chemical Co.Ltd., Jungbunzlauer, Roquette Frères, Shandong Fuyuan Bio-Tech CO.LTD., Shandong Xinhong Pharmaceutical Co., Ltd., Shandong Baisheng Biotechnology Co., Ltd., Red Bull GmbH, Rockstar, Inc., Monster Energy, 25.4. Living Essentials Marketing, LLC, LiveLong Nutrition, and Serious Nutrition Solution. Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.

In 2014, Merck Millipore Corporation acquired Sigma-Aldrich for US$140 per share in order to expand its global reach and increasing company presence in North America and adding exposures to in Asian Markets in its attractive life science industry.
In 2018, Roquette Frères acquired Crest Cellulose, which is a leading manufacturer of pharmaceutical excipients. The size of company’s pharmaceutical market was ~US$ 33 billion in 2017 and it is anticipated to grow by 10% per year. Moreover, the company also expanded ‘Beauté by Roquette®’ product offering for the cosmetics market with the launch of innovative plant- based ingredients.

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Get Valuable Insights into Glucuronolactone Market

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

Grade

Greater than 97.0 %
Greater than 98.5
Greater than 99%
101.0%
102.0%

End-Use

Dietary Supplements
Energy Drinks
Pharmaceuticals
Cosmetics
Functional Food

Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

About FMI

Gluconolactone Market Size, Top Key Companies, Upcoming Insights of Global Industry Dynamics by 2029

Global gluconolactone market is anticipated to rise at a CAGR of ~7.9% between 2019 and 2029, finds Future Market Insights in a recent study. The gradual shift in consumers’ lifestyle and dietary patterns over past few years has brought about noticeable changes in the food industry. Consumers have become pickier about their food choices. Furthermore, the rising demand for preserved food such as meat has stimulated the demand in the gluconolactone market.

Gluconolactone uses are plenty. For instance it is one of the more preferred ingredients used in energy drinks. This has increased the use of gluconolactone in cosmetics, skincare, besides food and beverages industry. Spurred by these factors, the gluconolactone market size will increase in the coming years.

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Key Takeaways from the Gluconolactone Market Study

As, there is limited production of gluconolactone, leading manufacturers are now focusing on strengthening their distribution and supply base in the global market in order to assure products are easily available to their target customers.
Among various end-use segments, the usage of food (tofu, meat products, etc.) and energy drinks is the most common. Owing to the increasing usage of flavouring agent in food in fruit juices, honey and wine as well as to lower the pH of dressing sauces is a one of the significant reason propelling the demand of gluconolactone market across the globe.
According to the report, several manufacturers are expanding their global presence through collaboration and acquisition of major regional as well as domestic-level players, in order to expand its gluconolactone market across the globe. This is intended to expand their product offering and product portfolio along with increasing numbers of manufacturing facilities. Currently manufactures are investing in research and development activities to boost their manufacturing capabilities in its targeted region and country.

“Key players are constantly developing more innovative as well as competitive food and nutritional solutions and others performance materials. In addition, they are more focused on improving their horizontal integration to reduce the uncertainties associated with the supply of consistent quantity as well as quality of raw materials and end products. Moreover, manufacturers are focusing on incorporation of more advanced technologies mainly which are beneficial for health. This will aid expansion of Gluconolactone market” says an FMI analyst.

Rising Application in Pharmaceutical and Food Industries Boosts Growth

On the backdrop of increasing pharmaceutical and food industry the gluconolactone market is anticipated to grow in the forthcoming years. Few years back, gluconolactone containing products such as, Red Bull, were banned in some European countries including France, Norway, and other Scandinavian countries. Since 2008, France has lifted its ban on Red Bull, and the product has appeared on the shelves of the supermarkets.

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The household spending of consumers in these countries is well above the developing countries and consumption of energy drinks and other beverages is higher. Due the lifting of the ban, the consumption on Red Bull, promising growth opportunities are created and the demand for gluconolactone is increasing.

Who is winning?

Some of the market players profiled in the report are

Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.

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In 2018, Roquette Frères acquired Crest Cellulose, which is a leading manufacturer of pharmaceutical excipients. The size of Roquette Frères pharmaceutical market was ~US$ 33 billion in 2017 and it is anticipated to grow by 10% per year. Moreover, the company also expanded ‘Beauté by Roquette®’ product offering for the cosmetics market with the launch of innovative plant- based ingredients.
In 2014, Merck Millipore Corporation acquired Sigma-Aldrich for US$140 per share in order to expand its global reach and increasing company presence in North America and adding exposures to in Asian Markets in its attractive life science industry.

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Tempeh Market Segmentation with Supply Chain Analysis, by Regional data, Development, Growth-2026

The global tempeh market was valued at US$ 3,842.8 Mn in 2019. The market has exhibited a considerable rise during 2013 -2018 and the trend is likely to continue as the market exhibits a CAGR of 6.1% between 2019 and 2026. The rising demand for meat analogs that are similar in texture and taste of meat is aiding the growth of the market.

Nearly 16% of the world population takes soybean, while several are concentrating on getting accustomed to the intake of plant-based products on most occasions. From the past few years, tempeh producers have amplified production across their manufacturing facilities. Besides this, soy-based food materials such as tempeh and tofu are gaining traction in the market. Soy-based foods such as tofu and tempeh also provide an economic advantage, starting from farming to the advertisements.

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The tempeh market is witnessing rising demand as consumers are looking for natural food products that will improve their health. Furthermore, customers are showing interest in GMO-Free and organic products in the food and beverage industry which provides distinctive mouthfeel along with health benefits.

“The rising popularity of vegan and flexitarian diet is anticipated to boost the market for tempeh in the forecast period. Key players are adopting diverse strategies to maintain a strong foothold in the tempeh market.” says an FMI analyst.

Key Takeaways from Tempeh Market Study

According to FMI study’s on the tempeh market, a large consumer base is looking for products that are naturally sourced. Tempeh is a fermented food product and falls under the category of functional foods, which grabs the rapidly rising consumer interest for healthy lifestyle and healthy food. Thus, the demand for tempeh is surging.
The global tempeh market has been segmented based on source, where the soybean-based tempeh holds the major share. However, in the upcoming period, the multi-grain based segment is projected to show optimistic growth in due to its rising application in different food products.
Based on nature, the global tempeh market is segmented into organic and conventional types. Due to growing health concern, consumers are looking for products that are grown naturally and are free from chemicals and are not genetically modified.
The global tempeh market is studied on the basis of flavor, in this category the market share for plain is higher than herbs& spiced category.
In terms of product type, the fresh type segment accounted for 85% of the total tempeh market share.
Europe and APAC are expected to lead the global tempeh market in terms of value. The demand for tempeh is considerably high in North America, which is anticipated to show a high growth rate in the upcoming years. Due to the increasing number of flexitarian/ vegan population, the demand is expected to increase in North America. The Latin America market, dominated by Brazil, is also exhibiting high demand for tempeh.

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Who is winning?

Turtle Island Foods, Inc., Henry’s Tempeh, Nutrisoy Pty Ltd, Totally Tempeh, Mighty Bean Tempeh Sunshine Coast, Margaret River Tempeh, Byron Bay Tempeh, Organic Village Food, Tempeh Temple, Primasoy, Gwen Tempeh, Rhapsody Natural Foods, Lalibela Farm Tempeh, SBC Tempeh Manufacturers, TOFU Manufaktur Nagel GmbH, Alive & Healing Inc., Impulse Tempeh, Natural Oriental Fresh Foods BV, and Schouten Europe B.V. are some of the key market players.

Leading companies operating in the tempeh market are aiming at regional expansion via targeting the local distributers to upscale their tempeh sales and to provide high-quality products to the customers.

In May 2014, the company Turtle Island Foods, Inc. launched an online shopping website dedicated to consumers in Brazil. This will enable all its Brazilian vegan consumers to buy its 10 vegan products – vegan sausages, ground soybeans, and tempeh.
In October 2017, Turtle Island Foods, Inc. launched a range of protein-packed vegan sandwiches. It launched four sandwiches which include the following – tempeh, bacon, lettuce, and tomato, chipotle chicken, hamstyle salad, and chicken sweetcorn.
In October 2016, the company Henry’s Tempeh expanded its processing facility based in Kitchener. The company is further targeting doubling its production capacity, which is a significant feat considering the tricky process of producing tempeh.

Valuable Insights into Tempeh Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global tempeh market, presenting historical demand data (2013-2018) and forecast statistics for the period from 2019-2026. The study divulges compelling insights into the tempeh market based on

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Source

Soybean
Multigrain
Others

Nature

Organic
Conventional

Flavour

Plain
Herbs & Spice

Product Type

Frozen
Fresh
Ready-to-eat

Distribution Channel

Direct
Indirect
- Hypermarkets/Supermarkets
- Convenience Stores
- Food & Drink Specialty Stores
- Traditional Groceries
- Online Retailers

Region

North America
Latin America
Europe
APAC
MEA

About FMI

Sea Bream Market Research Report on Key Insights, Process Technology, by Function – Global Forecast -2029

Still in its infancy, the global sea bream market is poised for a healthy growth outlook during the period of projection, 2022 – 2029. With notable growth observed in demand for sea bream from the foodservice industry, global sea bream market would witness nearly 6% CAGR during the forecast period.

As consumers continue to seek healthy food products derived from natural and organic resources, demand for sea bream has been on an upward trend over the recent past.

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Key Takeaways – Sea Bream Market Study

Sea bream is a healthy seafood, which matches the growing consumer interests supporting their healthy lifestyle and healthy food consumption.
Conventional sea bream is also facing lower sales prices, where many manufacturers not even able to recover the production costs.
The sea bream market has been segmented on the basis of form, where the processed sea bream holds the major share. Over the course of forthcoming years, fresh sea bream segment is expected to show positive growth due to multiple benefits fresh sea breams offer to consumers.
The end use of sea bream in the foodservice provider segment contributes around 35% share in the overall sea bream market. Sea bream is used in snacks and daily food and is witnessing significant demand.
The market is also witnessing impetus demand from the food processing, animal feed, and pet food industries, in addition to retail and household sectors.
Europe and North America are anticipated to dominate the global sea bream in terms of value share in the current scenario.
Oceania, predominated by Australia, is also generating high demand for sea bream owing to the increasing consumer demand for premium food products, such as organic sea bream and sea bass.

Large number of consumers are gradually looking for healthier and authentic food in their daily diet. A sizeable consumer chunk is gradually shifting towards seafood. Seafood manufacturers are thus emphasizing authentication of their products to meet evolving consumer demand.

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Profitable Investment Areas in Market

Manufacturers operating in the sea bream industry are investing more in merger and acquisition activities to upscale their sea bream sales footprint and to serve consumers around the world. Sea bream manufacturers are increasing their supply chain to meet the demand from end users such as food service providers, food processing industry, retail/ household and animal feed, and pet food industry.

Sea bream is witnessing a growing demand in the food and beverage industry. Food and beverage manufacturers are experimenting to find new technologies by advancing their production processes. This increase in demand and technological advances are collectively fueling the growth of sea bream market. The trend will continue through 2029, especially in developing regions. However, Europe remains the largest producer of sea bream in the global market.

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Plant-Based Fish Market SWOT Analysis, Business Growth by Top Companies, Competitive Strategies and Forecast to 2030

The rising demand for vegetarian or flexitarian diet coupled with the increasing concerns regarding the environment is driving the plant-based fish market.

According to Future Market Insights (FMI), the global plant-based fish market is anticipated to rise at 28.0% CAGR during the forecast period from the year 2020 to 2030.

As the manufacturing industry has become more advanced providing larger shelf-lives to plant-based fish products suitable for prolonged consumption, the global plant-based fish market growth is accelerating steadily.

Due to the increase in vegan population across the world, the demand for plant-based protein sources is skyrocketing. Besides this, the well-developed healthcare and fitness centers are catering to the further market expansion during the current years.

Rising prevalence of food sensitivities such as sea-food allergies, lactose intolerance, and others are making more people inclined to the plant-based fish products to meet their requirements.

Though COVID-19 outbreak has restricted overall growth of the market to an extent, it is likely to recover especially with people moving away from meat consumption to healthier plant based alternatives, including plant-based fish.

FMI offers an exhaustive overview of the global market. It covers various growth drivers and restraints.

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Some of the key takeaways from the report are highlighted below-

The ‘new normal’ of going vegan is aiding in the rapid expansion of plant-based fish market growth rapidly
Europe currently dominates the plant based fish market. In the coming years East Asia too will emerge as an attractive market
Burger patty is most popular among product segments. With leading food chains launching plant based fish burgers in their menu, growth witnessed in the segment is likely to accelerate
Demand for soy based fish products will surge considerably in coming years especially with consumers seeking out alternative for meat protein
Sales through hypermarkets will remain high, although online channels too will witness a proliferation of brands selling plant based fish products

“Rapidly increasing demand for sea-food alternatives are propelling the global plant-based fish market growth substantially. Furthermore, increased environmental concerns and significant rise in vegan population is boosting the market demand worldwide,” says an FMI analyst.

COVID-19 Impact Analysis

Due to the recent COVID-19 pandemic, the global plant-based fish market has faced several hurdles such as closing down of manufacturing units during the lock down period, decreased manpower, scarcity of raw materials and ingredients, affected logistics sectors, and others.

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As a result the global plant-based fish market has been impacted heavily. End users such as vegan restaurants, food supply chain, and others have been non-operational for quite a long time in this year, as a result of which the market growth has slowed down.

In the upside, the novel coronavirus outbreak has made people more conscious about their health resulting increased inclination towards healthy food supplements including proteins which has worked in the favor of plant-based fish market.

According to FMI, the global plant-based fish market is expected to gain back its position by the first quarter of 2021, paving new paths to the key market players.

Who is Winning

As the global plant-based fish market growth is accelerating rapidly, the key market players such as Gardein by Conagra Brands, MorningStar Farms, Symrise, Beneo GmbH, Crown Soya Protein Group, and others are approaching strategic ways along with heavy investment to leverage the market potential.

For instance, Crown Soya Protein Group has launched their textured soya protein soytex which can be used in diverse range of applications such as minced fish fillings, burgers, fishballs, patties, sausages, and others.

Symrise has brought their sustainable and authentic range of plant-based proteins such as taste solutions for typically meaty to aromatic veggie taste solutions, customized plant-based fish solutions for flexitarians, and others to target broad range of end users.

Gardein by Conagra brands has come up with their extensive range of plant-based fish products such as soups, noodles, and others which are produced from 100% vegan ingredients. As the global plant-based fish market is forecast to grow further, the key market players are expected to witness tough competition during the forecast period.

More Valuable Insights on Plant-Based Fish Market

Key Segments

Product Type

Burger Patty
Fillets
Crumbles & Grounds
Chunks & Tips
Shreds
Cutlet
Strips
Tenders & Fingers
Meatballs

Source

Soy-based Protein
Wheat-based Protein
Pea-based Protein
Canola-based Protein
Fava Bean-based Protein
Potato-based Protein
Rice-based Protein
Lentil-based Protein
Flax-based Protein
Chia-based Protein
Corn-based Protein

Distribution Channel

Hypermarket/Supermarkets
Convenience Stores
Specialty Food Stores
Online Retail
HoReCa (Food Service Sector)

Fish Type

Tuna
Crab
Shrimp

Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Middle East and Africa
Japan

Frequently Asked Questions

At what rate will plant-based fish market rise?
plant-based fish?
Which are the top companies in plant-based fish market?
Which is the most lucrative segment among product type in plant-based fish market?
Which is the most lucrative segment in terms of distribution channel in plant-based fish market?
Which source type is most dominating in the global plant-based fish market?

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Wine Extract Market Study Report on Distributors, Upcoming Opportunity, PESTLE and Porter’s Analysis-2032

The wine extracts market is estimated at $43.6 million by 2022. According to the report, sales of wine extracts are expected to grow at a CAGR of 5.20% and reach an estimate of US$66.3 million in 2032.The increasing application of wine extract in cosmetics and dietary supplements is expected to increase the demand for wine extract and ultimately boost the growth of the global wine extract market. As we all know, red wine is an alcoholic beverage made by crushing different types of black and red grapes with the help of fermentation method.

Wine is a type of wine which is being extracted by crushing different varieties of black grapes and fermenting it. The color of Wine depends on the type of grape that are selected for crushing process, the color may range from intense violet color to brick red color. Due to antioxidant properties of Wine, it has been known for its benefits regarding resveratrol.

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Market Regional Outlook

Regional segment for the market of Wine Extract is divided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan. Among these segment North America is expected to have the major market share globally, as it is the largest producer and consumer of Wine Extract.

In Asia Pacific region the countries like China and Australia are generating the major revenue. In terms of revenue Latin America is the second prominent contributor in the Wine Extract market.

Market Drivers

The rise in demand for anti-ageing cream is expected to drive the growth of global Wine Extract market. Wine Extract is not only a rich source of resveratrol but it also exhibits some special properties such as Stimulates eNOS activity, Prevent clotting of blood, prevents the oxidation of LDL cholesterol and reduces the risk of Alzheimer’s disease.

It also helps in reducing obesity and slowing the rate of aging. These versatile properties of Wine Extract is attracting attract pharmaceutical segment as well, which will defiantly drive the Wine Extract market to a greater extent. Moreover, the market is also driven by the increasing awareness among the consumers about the health benefits associated with Wine Extract.

Although Wine Extract has anti- cancer benefits, but research has found that it can promote breast cancer. Another worrying fact about Wine Extract is that it acts as an anti-coagulant, if a person takes prescribed blood thinner along with the Wine Extract he may lead to excessive bleeding. This property can actually be a restrain to the growing market of Wine Extract.

Market Key Players

Some of the key players in Wine Extract market areS EPPIC Inc., Hangzhou Greensky Biological Tech. Co., Ltd., Diana Naturals Inc., Xi’an Chinwon Biotech Inc., GRAP’SUD, Diana Naturals Inc, Ethical Naturals, Inc., and VDF/FutureCeuticals, Inc.

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The report covers exhaustive analysis on

Wine Extract Market Segments
Wine Extract Market Dynamics
Historical Actual Market Size, 2015 – 2016

Wine Extract Market Size & Forecast 2017 to 2027
Wine Extract Market Supply & Demand Value Chain
Wine Extract Market Current Trends/Issues/Challenges
Wine Extract Market Players Competition & Companies involved
Wine Extract Market Technologies

Wine Extract Market Value Chain
Wine Extract Market Drivers and Restraints

Regional analysis for Wine Extract Market includes

North America

US & Canada

Latin America

Brazil, Mexico, Others

Western Europe

EU5
Nordics
Benelux

Eastern Europe

Russia
Poland
Rest of Eastern Europe

Asia Pacific

Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific

Japan
Middle East and Africa

GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts and inputs from industry experts. 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 regions.

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Market Segmentation

Wine Extract is segment on the basis of application, form and region.On the basis of application market is segmented into

Food and Beverages
Pharmaceuticals
Cosmetic & Personal Care Products

On the basis of form, the market is segmented into

Powder

Capsule
Liquid Wine

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Baobab Powder Market Study on Pricing Analysis, Micro Economic Indicators, Future Challenges-2027

The global market baobab powder is anticipated to witness robust growth during the assessment period. Future Market Insights studies the factors driving the popularity and adoption of baobab powder across the globe. Consumers today are becoming aware about the benefits of baobab powder, which in turn is surging the demand for baobab powder based products such as cereals and bars.

Due to the fact that baobab powder has numerous skin benefits, it is used as an ingredient in various anti-ageing creams and helps protect the skin against high or low temperatures, rejuvenates the skin cells, moisturizes the skin and prevents damage from free radicals. Also, as baobab powder is a rich source of calcium and potassium, it is also found in products such as cereals, bars and jellies. Owing to its wide ranging beneficial properties, the consumption of baobab powder is growing across the globe.

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Segmental forecast of the global baobab powder market

The global baobab powder is segmented on the basis of product type (organic baobab powder, conventional baobab powder), end use (industrial, retail), sales channel (direct sales, indirect sales) and region.

Forecast by Product Type: Organic baobab powder segment is expected to register the highest CAGR during the forecast period. The organic baobab powder segment is estimated to be valued at US$ 8,544.2 Mn by 2027 end and is expected to expand at a CAGR of 6.5% over the forecast period.

Forecast by End Use: The retail segment is estimated to account for the highest value share of 65.2% in 2017 and is projected to reach a market valuation of US$ 6,545.1 Mn by 2027 end, registering a CAGR of 6.3% over the forecast period.

Forecast by Sales Channel: The indirect segment is estimated to account for the highest value share of 75.4% in 2017. This segment is estimated to be valued at US$ 7,602.1 Mn by 2027 end and is expected to expand at a CAGR of 6.3% over the forecast period.

Forecast by Region: North America followed by Western Europe will be the leading markets in the global baobab powder market with an anticipated value share of about 30% and 25% respectively by the end of 2027. North America will witness the highest regional CAGR of 6.8% during the forecast period.

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Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including:

EcoProducts
Baobab Fruit Company Senegal
B’Ayoba (Pvt) Ltd
Organic Africa, Aduna Limited
Etude House
Woodland Foods
Powbab Inc
ATACORA
Halka B. Organics
Indigo Herbs LTD and Organic Burst UK Ltd.

Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

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Global Baobab Powder Market Forecast 2017-2027

Future Market Insights predicts the global baobab market to be valued at about US$ 5,483 Mn by the end of 2017 and will continue to grow at a CAGR of 6.2% during the period of study to reach a market valuation of about US$ 10,004 Mn by the end of the forecast period.

Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including:

EcoProducts
Baobab Fruit Company Senegal
B’Ayoba (Pvt) Ltd
Organic Africa, Aduna Limited
Etude House
Woodland Foods
Powbab Inc
ATACORA
Halka B. Organics
Indigo Herbs LTD and Organic Burst UK Ltd.
Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

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Banana Flour Market Industry Trends, Upcoming Opportunities, Revenue, Share & Forecast Up to 2032

The global banana flour market is set to witness growth at a CAGR of 3.8% and top a valuation of USD 735.6 Mn by 2032.

The growing awareness of the health advantages of banana flour is propelling the worldwide banana flour business forward as it is high in fiber, gluten-free, minerals, and vitamins like vitamin E, zinc, manganese, magnesium, and potassium.

It helps to regulate blood sugar levels and also aids in the reduction of cholesterol, the improvement of heart health, and the stimulation of neuron and muscle activity.

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Banana, being a climacteric fruit stores the majority of its carbs as starch. It is unique among fruits in that the majority of its starch is resistant. Resistant starch is prebiotic that boosts the number of good bacteria in the human intestines.

The human gut contains billions of germs from 300 to 500 different bacterial types. The majority of the gut flora is beneficial. These beneficial bacteria feed on the undigested fibers and starch that reach the gut.

As a result, the resistant starch ferments, creating optimal circumstances for a wide range of beneficial bacteria and increasing the bacterial populations. It also suppresses pathogenic bacteria 5 (infect the host human with infectious diseases) at the same time, acting as a boon for human health.

These features are attracting a growing number of health-conscious customers, therefore, shooting up the growth of the banana flour market across the globe.

Key Takeaways from Market Study

The banana flour market is expected to expand at CAGRs of 1% and 2.8% in Latin America and the Middle East & Africa, respectively, through 2032.
Market share of Asia Pacific is 2% in 2022. Every year, a considerable amount of bananas are produced in the Asia Pacific region, particularly in India, resulting in the expansion of the banana flour business in the region.
The North American banana flour market is currently pegged at 50,883 Metric tons. Banana flour has seen a boom in demand in the region, as the product is widely utilized in the manufacture of infant food.
In Africa, banana flour is also seen as a less expensive alternative to wheat flour. It is a healthy alternative to ordinary flour since it promotes the growth of beneficial bacteria in the gut and considerably aids in weight loss, therefore, MEA stands at a market value of USD 275.4 Mn in 2022.

“Manufacturers of banana flours can step into product expansion in the dietary fibers market which is growing at a high rate due to rising health consciousness as the FDA recently classified resistant starch (RS) derived from green banana flour as a dietary fiber.”, says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of banana flours are not only expanding their gluten-free offerings portfolio but, the majority of them concentrate on successful marketing and promotional techniques. Furthermore, for a number of organizations in the banana flour industry, mergers, and acquisitions aimed at global expansion will remain a major strategy.

Explore More Valuable Insights

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

Detailed Market Segmentation Of Banana Flour Market

Process:

Sun-dried
Freeze-dried
Spray-dried
Others

Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
The Middle East and Africa

Application:

Beverages
Pet Food and Feed Industry
Household
Food Industry
Bakery & Snacks
Infant Foods
Filling and Dressings
Soups and Sauces
Others

Source:

Organic
Conventional

Sales Channel:

Direct Sales
Indirect Sales
- Modern Trade
- Convenience Store
- Specialty Store
- E-Retailers
- Other retail formats

The report covers exhaustive analysis on:

How much is the banana flour market currently worth?
At what CAGR is the market expected to grow?
How was the performance in the last five years?
What are the key trends boosting Banana flour sales?
How are market players reacting to the new developments in the market?
Which are the major regions driving demand for banana flour?
Who are the major players in Banana flour Market?
What outlook does MEA provide?
At what level does the report reflect pricing analysis?

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