Market Research Blog

The Europe malt extract market is valued at US$ 9.8 Bn in 2021. The market is likely to grow at a CAGR of 5.6% through 2026, reaching US$ 12.9 Bn by 2026.

Rising consumer awareness about the high nutritive value of diastatic malt extract will continue to drive the growth of Europe malt extract market Increasing health awareness and rising consumer demand for traditional foods will also influence demand. However, non-availability of substitutes and shortage of malt owing to increasing usage in breweries can impede demand. These insights are according to a new research report by Future Market Insights.

The key trends influencing the Europe malt extract market include,

• Increasing preference for gluten-free bakery products: Concerns about rising obesity levels is prompting consumers in Europe to opt for gluten-free bakery products. Gluten-free malt extract is used as a colouring and sweetening agent in a variety of products. Owing to this, it is expected that demand for malt extracts will witness steady growth during the period 2016-2026.
• Government regulation on additive-free products: The industry-wide focus on additive-free products has led to increased demand for malt extracts, as these reduce the need of adding synthetic flavours, resulting in extended shelf life of products.
• Marketing aligned with ‘health and wellness’: Manufacturers are focusing on selling the ‘health and wellness’ attributes of malt extracts, by creating relevant marketing campaigns.
• Preference for sugar-free label products: Non-diastatic malt extracts naturally convert to sugar, reducing the need for addition of sugar. Owing to these factors, demand for malt extracts is expected to witness an increase during 2016-2026.

A Highly Fragmented Market 

Top three players – Group Soufflet, VIVESCIA Industries, and Cargill Incorporated – account for over 28% volume share of the Europe malt extract market. The Europe malt extract market remains quite fragmented fifteen players accounting for nearly 72% volume share. Both established and emerging players are focusing on increasing their production capacity and acquisition of niche players to boost their market position.

The Europe malt extract market was valued at US$ 7.53 billion in 2016. Future Market Insights projects it to grow at 5.6% CAGR during the forecast period 2016-2026, reaching US$ 12.94 billion in revenues.

Barley Remains the Largest Source 

Barley remains the largest source for malt extracts, accounting for nearly 75% revenue share of the market in 2016. In 2016, this segment was valued at US$ 5.63 billion; in terms of volume, demand for barley was worth nearly 9 million tonnes in 2016. Wheat remained the second largest source, followed by rice and rye.

Dry Malt Extracts Continue to Witness Higher Demand

Malt extracts are available in dry and liquid form, with the former accounting for bulk of demand. Demand for dry malt extracts will continue to remain higher than liquid variants throughout the forecast period. While dry malt extract volume is projected to grow at 4.6% CAGR, demand for liquid malt extracts will grow at 3.9% CAGR.

Standard Outsells Speciality 

Future Market Insights has also segmented the Europe malt extract market on the basis of product type into standard and specialty. The standard segment accounted for over 77% revenue share of the market in 2016; this is expected to decrease to 76% by the end of forecast period.

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Beverages Largest Application Segment 

Beverages continue to remain the largest application segment of malt extracts. This segment held 48% revenue share of the market in 2016. Bakery and confectionary remain the other key application segments.

Western Europe Accounts for Bulk of the Demand 

Demand for malt extracts is concentrated in Western Europe, owing to the presence of a large number of manufacturers. Future Market Insights projects Western Europe to remain the dominant region for malt extracts during the forecast period.

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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

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Acai berry is a reddish-purple fruit which comes from acai palm tree and is found mostly in central and South America. It is a delicious dark berry packed with natural antioxidants, including vitamin C, vitamin E and special phytonutrients called anthocyanin. Studies show that Acai provides significantly more antioxidants than such well-respected foods such as blueberries, oranges and even red wine. Due to the vitality of this fruit, it is also referred to as the “Viagra of the Amazon.” In addition to the antioxidants mentioned above, Acai is rich in fiber and contains Vitamin B1, B2, B3, Vitamin E, Vitamin C, Calcium, Potassium, Proteins, and healthy fatty acids Omega 6 and Omega 9. Thus, we could witness a rise in the demand for acai berry in the market.

Acai Berry Market: Drivers & Restraints
Due to the growing prevalence of health disorders, consumers are turning their preferences towards healthy fruits, vegetable and beverages. Thus, market for acai berries is growing with a significant pace. Consumers are becoming aware about the various benefits of acai berry and are turning towards consuming acai berry based products. Acai berry fruits have high antioxidant properties which enhance the general well-being and support weight loss.
Another important driver for the acai berry market is the growth in the organic cosmetic industry which is also playing an important role for the increase in the demand for acai berries.

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However, there are many threats for the acai berry market in the form of conventional allopathic medicines and chemical based cosmetics. Growth of nutraceutical industry might prove detrimental for the acai berry market.

Acai Berry Market: Segmentation
The acai berry market can be segmented on the basis of application. This can be further segmented into Functional Food and Beverages, Pharmaceuticals, Dietary Supplements, Personal Care/ Cosmetics and Others. The market can also be segmented on the basis of form of availability, viz; pulp, juice and powder.

Acai Berry Market: Region Wise Outlook
Geographically, the acai berrymarket is segmented into seven regions which are ; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA) and Japan. Among all the countries, Brazil and America is leading in terms of volume in the global acai berrymarket followed by Asia Pacific, North America & it is expected that in near future, Asia Pacific is going to lead this market.

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Acai Berry Market: Key Players
Some of the key players across the value chain dominating this market are The Berry Company Llc, Phyto Nutraceutical Inc., Jinan Felicity Biotechnology Co., Ltd, and Pharma Nutra USA. These companies are developing market strategies such as mergers and acquisitions, Joint Venture, New product development and Expansion to increase their market share in Global Functional Beverages 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 dietary fibers market is valued at nearly US$ 8.47 Bn in 2021. The market is likely to grow at a CAGR of 10.6% through 2032 with a projection value of US$ 18.6 Bn.

In 2021, europe region is the largest market for dietary fibers market. Though, East Asia is the highest growth market region. Soluble dietary fiber from different dietary fibers dominates the dietary fibers market currently.

In a recent study, Future Market Insights (FMI) offers a perspective on the growth trajectory of dietary fibres market for the period between 2022 and 2029. As per the report, global consumption volume of dietary fibres reached 1.8 metric tons in 2021, equaling revenues worth ~US$ 7 Bn. Gains will remain driven by increasing consumer awareness regarding the benefits of dietary fibres along with food manufacturers engaging in fibrous NPDs (new product developments).

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Dietary fibres can be found in a variety of meals. However, they are mostly found in plant foods, including fruits, vegetables, and legumes. Based on the type, the two most common forms of dietary fibres on the market are soluble and insoluble. Plants provide the majority of these fibres, which are made up of cellulose and non-cellulosic polysaccharides. Dietary fibres are used in a variety of industries, including pharmaceuticals, food and beverage, and animal feed.

As healthcare professionals continue to encourage fibre intake as a key to improving long-term health, market players are significantly paying attention to value-added offerings. Big brand companies as well as small high-tech startups are rigorously exploring the potential of dietary fibres in their products, which is likely to promise new beginnings for the market stakeholders.

Consumers, leading fast-paced lives, have started to keep an eye on dietary recommendations, resulting in a move towards proactive healthcare and lifestyles. As consumers are becoming food explorers and newer trends are emerging at rapid pace, FMI’s analysis infers that the dietary fibres market players are placing betting on R&D investments and new product launches.

Fibre intake has been alarmingly low in various regions, resulting into population-wide deficiency – known as ‘fibre gap’. As science behind dietary fibres expands, this ingredient has been witnessing renewed interest from young consumers for weight management benefits, while aging consumers tend to seek digestive health benefits.

Stakeholders Leverage White Spaces to Drive Sales Opportunities
According to the FMI study, the dietary fibres market is likely to grow at CAGR of ~10% during the predefined timeframe. Obesity, diabetes, and other lifestyle diseases are on the rise, especially in developed regions, and as a result consumers are increasingly becoming health conscious and spending on high nutritional products. The study opines that a rise in consumer preference for maintaining a healthy diet and regulating body weight will provide a strong business outlook for the market players.

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Use of soluble dietary fibres has been confined in functional F&B industry as a highly nutritive ingredient, while stakeholders are focused on identifying and leveraging the white spaces in their application, which range from pet food to cosmetics. Capabilities of corn fibre as an effective fibre source for pets, lignin as an emulsifier and efficient substitute for whole eggs in bakery products, pectin in food processing, and beta-glucan in cosmetic production are increasingly being explored. As the market continues to benefit from consumer shift towards plant-based ingredients and sugar substitutes, stakeholders are further exploring new sources of dietary fibres, apart from cereals & grains and fruits & vegetables.

As per the study, dietary fibres market players continue to witness growth opportunities in developed markets – Europe and North America, which collectively account for ~60% revenue share. In addition to increasing consumer spending on products with high nutritional value, government agencies in the regions are undertaking awareness campaigns to bring due attention towards the need for maintaining a balanced diet, thereby creating a high demand for dietary fibres. Market stakeholders are further eyeing on newer opportunities in Asia Pacific, particularly in countries such as China, Japan and South Korea, on the back of a notable trend for healthier eating.

FMI’s study identifies restraints that could possibly represent a threat to the lucrative stride of dietary fibres market. Research studies have found that excessive consumption of dietary fibres and their addition in processed foods can have adverse effects on human health, which may add to reluctance of consumers to adopt such ingredients.

The study opines that dietary fibres market is on an upward swing with increasing number of small players entering into the space with new product offerings that align with consumers’ trends. Leading players continue to put emphasis on filling the fibre gap through R&D activities and product innovations.

Competitive Landscape
Dietary fibre manufacturers are pursuing strategic alliances and strategic partnerships with other manufacturers in order to enhance productivity and meet the demands of an ever-growing patient pool.

The industry is defined by a high level of capital expenditure and a complicated manufacturing process. Cost-effective manufacturing procedures can help establish global market sustainability. The (FDA) in the United States and the European Food Safety Authority (EFSA) in Europe are expected to stymie the entry of new businesses. Furthermore, the existence of a large number of producers is likely to raise entrance barriers.

Cargill, Inc. invested about USD 35 million in Europe in October 2019 to expand its current product line of sweeteners, starches, and texturizers to include soluble dietary fibres. This strategic project is the company’s first foray into soluble dietary fibres in Europe, and it was launched to give on-trend solutions to makers of high-quality products such as bakery & confectionery goods, cereals, and dairy products.

The key players in the market are BENEO, ADM, Cargill, Incorporated, DuPont, Ingredion Incorporated, Roquette Frères, Emsland Group, Kerry Inc., The Green Labs LLC, Nexira, Tate & Lyle, Farbest Brands, Taiyo International, AGT Food and Ingredients, Batory Foods.

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Frequently Asked Questions

• How much is the Dietary Fibres market current 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 Dietary Fibres sales?
• How are market players reacting to the new developments in the market?
• Which are the major countries driving demand for Dietary Fibres?
• Who are the major players in the Dietary Fibres 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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The global radial drilling machine industry is forecasted to be valued at US$ 8.8 Billion by 2032, up from US$ 4.2 Billion in 2022, advancing at a CAGR of 7.7% during the forecast period.

Drilling operations like boring holes, reaming, countersinking, counterboring, tapping, and spot facing and tapping are in high demand due to the growing industrial sector and increasing applications, which propels the market’s expansion. High spindle speeds are used with radial drilling machines to drill the desired hole quickly and affordably.

In reality, all drilling machines perform the same fundamental drilling function. However, there are some operations that certain types of drilling machines can carry out with the desired accuracy and efficiency. They are widely used in several manufacturing processes, particularly in the construction industry. Radial drilling is a machine used to make holes supported by the radial axis and feed hand and the table base.

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In the radial drilling machine, the drill head can be made to slide on the radial arm. Therefore, called as radial drilling machine. A motor acts as a driving force for the rotation of the drill. The parts of a radial drilling machine are a motor, spindle (for supporting the drill), elevating screw, column, table and table base. The radial drilling machine can be used to drill steel, cast iron as well as many other surfaces.

The radial drilling machine is amongst the most versatile drilling machine that can be used for multiple applications over any kind of surface.

Global Radial Drilling Machine Market: Dynamics 

Market Drivers:

Augmenting industrial and commercial projects where drilling is required for the various purposes, such as boring holes, reaming, countersinking, counterboring, tapping and spot facing and tapping, is projected to drive the growth for the global radial drilling machine market. Infrastructure projects, industrial sectors, metal working applications are the key sectors that utilize radial drilling machine equipment and thus, drive the radial drilling machine market.

Market Restraints:

One of the major challenge faced by the global radial drilling machine market is the tool replacement rate, which is comparatively high. The parts of the machine are exposed to high risk of wear and tear at high speed. Hence, the demand for service and maintenance of such machines is high, which hampers the growth of the global radial drilling machine market.

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Market Trends:

As the global market for radial drilling machine is fragmented with a large number of local players and China-based players, the manufacturers are focusing on product innovation as a differentiating strategy in order to win an edge over the other manufacturers in the market. In order to ease the operating process, significant evolution has been observed in the radial drilling machine market from manual clamping to electrical and hydraulic clamping. This has saved the time and has improved the efficiency of the drilling operations.

Competitive Landscape

Some of the market participants identified across the value chain of the global radial drilling machine market are Tailift Co., Ltd., Esskay International Machine Tools, Jay Industries, Complete Machine Tools Pty. Ltd., HMT Machine Tools Limited, Dalian Machine Tool Group Corporation, Kanematsu KGK Corp, and Taian Hiscience Machinery Co. Ltd.

The manufacturers are focusing on product innovation as a differentiating strategy in order to win an edge over the other manufacturers in the market. In order to ease the operating process, significant evolution has been observed in the radial drilling machine market from manual clamping to electrical and hydraulic clamping. This has saved time and has improved the efficiency of the drilling operations.

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Key Segments in the Radial Drilling Machine Market

By Product:

• Sensitive Drilling Machine
• Upright Drilling Machine
• Radial Drilling Machine
• Gang Drilling Machine
• Multiple Spindle Drilling Machine
• Deep Hole Drilling Machine

By Type:

• Manual Clamping
• Electrical Clamping
• Hydraulic Clamping

By Application:

• Construction
• Metal Working
• Wood Working
• Others

By Drilling Capacity:

• 40mm – 60mm
• 60mm – 80mm
• 80mm – 120mm

By Region:

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

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From 2022 to 2032, the global yoghurt market is expected to rise at a CAGR of 4.8%, from USD 89.9 Mn in the year 2022 to USD 143.7 Mn in the year 2032.

The global yoghurt industry is fueled primarily by the health benefits of yoghurt intake and a growing public awareness of the need for weight loss. Other factors driving market growth include the expansion of the retail market in various nations, as well as lower lactose percentages for lactose-intolerant people who want to eat dairy products.

Danone, Yakult, Chobani, and Nestle are among the biggest proponents of yoghurt awareness and consumption. People avoid consuming yoghurt because of artificial additions and ingredients added to it, as well as the harmful hormone therapy of milk-producing cows. Conversely, rising yoghurt demand in emerging countries is expected to open up various opportunities for global market expansion, owing to greater disposable income and increased health consciousness.

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Key Takeaways:

• The worldwide yoghurt market is estimated to grow at a CAGR of 4.8 % from 2022 to 2032, from USD 89.9 Mn in 2022 to USD 143.7 Mn in 2032.
• Grocery stores/ hypermarket/supermarkets contributed the most to the market sales in the year 2020, with USD 37,328.2 million, and are predicted to grow at a CAGR of 4.6 % to USD 59,586.9 million by 2031.
• China consumes 90% dairy-based probiotic goods and beverages, with dairy-based yoghurt making for a substantial percentage of the market.
• With an anticipated market value of USD 22.2 million and a massive market share of 65 percent in the North American region, the United States is regarded as the most prominent region for yoghurt.
• Due to increased awareness of the benefits of yoghurt intake and its incorporation in regular diets, the China Yogurt Market is expected to exceed USD 5.8 Mn in 2022, with a market share of 32 percent in the area.

Competitive Landscape:

The yoghurt market is having a huge potential to have strong growth with innovations in adding nutrients and enhancing texture as well as the flavour of products. Companies are extensively working on research and development with the advancement in technology to improve their product as per consumers’ interests and convenience. The development of drinkable yoghurt has boosted the sales of yoghurt significantly due to the ease of incorporating it into the diet and convenience to carry and transport. Fortification of yoghurt has also increased the demand for consumers due to a rise in health awareness.

The increased popularity of dairy-free products among millennials is anticipated to grow the market for plant-based nutritional products such as vegan yoghurts. Consumers in developed economies such as Europe And North America have been gravitating toward plant-based products as a result of increased incidences of ailments such as lactose allergy among the general public.

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Get More Valuable Insights

• Future Market Insights, in its new offering, provides an unbiased analysis of Yoghurt presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
• The study provides valuable insight on the Yoghurt market based on Product Type (Greek Yoghurt, Yoghurt Drinks, Frozen Yoghurt, Set Yoghurt), Distribution channels (Retailers, Hypermarkets, Specialist Retailers, Convenience Stores) & across seven major regions of the world.
• About Food & Beverage Division at Future Market Insights
• The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

Market Segmentation on yoghurt

By Product Type:

• Greek Yogurt
• Set Yogurt
• Frozen Yogurt
• Yoghurt Drinks

By Flavor:

• Flavoured
• Plain

By Source:

• Plant-Based Yogurt
• Dairy-Based Yogurt

By Distribution Channel:

• Retail/Convenience Stores
• Supermarkets And Hypermarkets
• Online Stores
• Specialist Retailers
• Others

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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Frequently Asked Questions

• How much is the Yoghurt market currently worth?
• At what CAGR is the market expected to grow?
• How was the performance in the last five years?
• How are market players reacting to the new developments in the market?
• How much share do the top 5 companies hold?
• Which are the major countries driving demand for Yoghurt?
• Who are the major players in Yoghurt Market?
• What outlook does APAC provide?
• At what rate will the U.S. Yoghurt market grow?
• At what level does the report reflect pricing analysis?

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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By the end of 2026, the saffron market in target countries (Netherlands, Iran, United States, United Kingdom, Germany, France, Spain, China, Belgium, Luxembourg, and Italy) is estimated to be worth roughly US$ 620 million, with a CAGR of 5.3%.

In the report, titled “Saffron Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” Future Market Insights projects that rising demand for plant-based natural ingredients is driving the saffron consumption in these countries. Key findings in the report indicate that demand for saffron threads, in particular, is expected to be higher than other forms. In 2016, more than US$ 200 Mn worth of saffron threads were consumed across targeted countries. Demand for powdered saffron, however, is also gaining momentum, and is anticipated to register a value CAGR of 6.6% through 2026.

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The report reveals that retail industry will continue to be the largest end-user of saffron in these countries. More than US$ 160 Mn worth of saffron is projected to be accounted by retail businesses. Nevertheless, the market will notice considerable rise in the end-use of saffron for production of cosmetics, revenues from which will soar at 5.1% CAGR. Consumption of saffron will also be driven by its function as a spice, herb, or a flavouring ingredient. And, nearly three-fourth of saffron revenues amassed from these countries will be accounted by flavouring & spice function throughout the forecast period.

Key highlights from the report on saffron market for targeted countries include:

• Iran’s saffron market will expand at 5.7% CAGR, and register substantial growth in production of powdered saffron
• More than 90 Mn worth of saffron powder will be consumed in the US by the end of 2026
• In UK’s saffron market, medical & pharmaceutical industry will record revenue growth at 6% CAGR during forecast period
• Demand for saffron will be low in Germany as the country’s market is expected to be valued at just over US$ 4 Mn by 2026-end
• The saffron market in France, Spain, China, Luxemburg and Italy will exhibit growth at less than 3% CAGR
• Between 2016 and 2026, Netherlands’ saffron market will showcase an incremental opportunity of US$ 2 Mn

The report also profiles leading manufacturers of saffron partaking in the markets across these targeted countries, namely, Safrante Global Company, SLU, Evolva, Rowhani Saffron Co., Hijos de Eustaquio Abad & Co. SL, Sara Nuts, Tarvand Saffron Co., USMS Saffron Co. Inc., Royal Saffron Company, Saharkhiz International Group Companies, Gohar Saffron, Novin Saffron Co., and Azafranes Machegos SL.

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Market Segmentation

By Form

• Thread
• Powder
• Liquid

By End Use

• Retail
• Food Service
  • Culinary Products
  • Dairy Products
  • Confectionery
  • Tea
  • Others
• Medical & Pharmaceuticals
• Cosmetics
  • Skin Care
  • Hair Care
• Others

By Function

• Flavouring & Spice
• Herbs
• Others

By Key Countries

• Netherlands
• Iran
• U.S.
• U.K.
• Germany
• France
• Spain
• China
• Belgium
• Luxembourg
• Italy

Frequently Asked Questions

• What is the outlook of the saffron market from 2016 to 2026?
• Which manufacturers are currently active in the global saffron industry?

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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The pectin market study done by FMI offers deep insights to the reader about the market’s today and forecasted growth. According to FMI, the pectin market is projected to grow with a CAGR of ~7.8% during 2022-2032.

According to a new study by FMI, the pectin market value is estimated at ~US$ 998.7 Mn in 2022. The growth in demand for pectin among consumers is primarily driven by its fat- & cholesterol-free nature and its application as a fat substitute in the bakery industry. The bakery industry is one of the industries that cover a wide variety of food products and attract consumers from all age groups. In recent years, growing health concerns among consumers has compelled bakery industry operators to offer fat-free products, thereby potentially raising the demand for pectin.

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Moreover, the vegan nature of pectin is likely to work to advantage of the bakery industry amid the rise of vegan culture across the globe and notable increase in number of population preferring vegetarian diet.

“Pectin, a plant-based product, has been garnering significant traction as a viable ingredient in the F&B industry, owing to its natural and vegan nature. In addition to special property of binding with the intestinal wall and protecting it from opportunistic microbial invasion during stress, pectin offers a number of health benefits. Moreover, it is one of the most easily available and cost-efficient products, making it ideal for multiple applications in food, beverages, and nutraceutical industries.”

The pectin market is mainly segmented on the basis of product, application and region:

Based on product, the pectin market is segmented as high methoxyl pectin, and low methoxyl pectin. Low methoxyl pectin remains the most preferred product, as it requires low sugar to form gels, unlike high methoxyl pectin that requires high sugar levels. Although high methoxyl pectin holds relatively low share in the market, it is expected to increase by 3-4% over the forecast period.

Noteworthy application of pectin includes various products such as jams & jellies, beverages, bakery filling & toppings, dairy products & frozen desserts, confectioneries, meat & poultry products, dietary supplements, functional foods, pharmaceuticals, personal care & cosmetics, and others. Among these, owing to wide applications in the bakery industry, consumption for bakery & toppings as well as jams & jellies is likely to account for relatively high sales.

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Pectin as a Solution to Various Complex Health Problems

Pectin is a solution to various health issues that were previously unable to cure. For example, niacin is an organic chemical taken by various consumers to supplement their diet with vitamin B3 and various important nutrients. But, it is also known to cause skin flushing in the face and upper body parts, which previously was treated as an allergy.

However, after deep research, it turns out that pectin helps in curing skin flushing caused by niacin, and skin flushing is not an allergy but a side effect of consuming more niacin. Similarly, pectin is known to treat ulcerated mouth and throat by simply applying it in the affected areas. Moreover, the replacement of chemicals with plant-based products in pharmaceuticals will continue to favor the growth of the pectin market.

Key Companies Profiled:

Cargill Incorporated

• Ingredion Incorporated

• CP Kelco

• Tate & Lyle LLC

• Koninklijke DSM N.V.

• Naturex

• Lucid Colloids Ltd.

• DowDupont

• Silvateam S.p.A.

• Compañía Española de Algas Marinas S.A (CEAMSA)

Environment-friendly Attributes Accounting for Greater Gains

With global warming and its disastrous consequences being constantly in the news, and plastics and other non-biodegradable products being banned by governments, humans are on the lookout for sustainable alternatives. Using pectin to make paper and plastic substitute is the most important and major step that manufacturers have taken towards protecting the earth.

Pectin, owing to its gelling property, can make proper paper plates and its plant-derived nature makes it safe for the environment as well. Innovations using pectin can also be seen in its usage to make foams and plasticizers. As pectin is considered safe, it is most commonly used to make edible films so that there is no need to remove the covering and food can be consumed directly.

Pectin Market Segmentation

Function:

• Thickener
• Stabilizer
• Gelling agent
• Fat replacer
• Others

Application:

• Food & Beverage
• Pharmaceuticals
• Bakery
• Dairy products
• Others

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/customization-available/rep-gb-3041

Frequently Asked Questions

• How much is the Pectin market current 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 Pectin sales?
• How are market players reacting to the new developments in the market?
• Which are the major countries driving demand for Pectin?
• Who are the major players in the Pectin market?

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The India alcohol market is predicted to record at a CAGR of 7.4%, amassing US$ 68 Bn by the end of 2026. Andhra Pradesh and Telangana have strengthened the market significantly, for these two states have the highest number of alcohol consumers in the country.

The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth of alcohol was consumed in 2016. The study further projected that consumption of alcohol in India is less likely to decline in the years to come. By the end of 2026, more than 14 billion litres of alcohol will be sold across India.

According to the report, revenues amassed from sales of alcohol in India will soar vigorously at 7.4% CAGR, and reach INR 5.1 trillion value by the end of 2026. In terms of volume, India’s alcohol consumption in 2016 has been estimated to have surpassed 8 billion litres and will grow at 5.5% CAGR in the due course of forecast period. An in-depth analysis on India’s alcohol distribution indicated that just above three-fourth of alcohol consumed in the country is government controlled. In 2016, alcohol distributed in India through open market sales made revenues worth over INR 400 billion. Meanwhile, about 550 million litres of alcohol was auctioned in India by the end of 2016.

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India’s Alcohol Market: Report Highlights

• Nearly two-third of India’s alcohol revenues will be accounted by sales of Indian-made foreign liquor (IMFL)
• In 2016, more than 1,800 million litres of strong beer was consumed in India
• By the end of 2026, white wine sales in India will have brought in an estimated INR 16.8 billion in revenues
• Revenues amassed from sale of country liquor in India will have soared at 5.5% CAGR
• Whisky will be the most-preferred type of alcohol in India, while sales of white spirits will grow at more than 11% CAGR

Key findings of the report, titled “Alcohol Market: India Industry Analysis and Opportunity Assessment, 2016-2026,” projected that Southern and Western states of India will continue to contribute to more than 80% of alcohol revenues through 2026. Bangalore’s SAB Miller India Ltd. and United Spirits Ltd., and Mumbai-based Tilaknagar Industries Ltd. and Allied Blenders & Distillers Pvt. Ltd. are key players partaking in the growth of India’s alcohol market.

Meanwhile, the consumption of alcohol will witness a considerable dip in India’s northern and eastern zone. Even still, a majority of alcohol manufacturers & suppliers in India are originating from New Delhi. Companies such as Carlsberg India Pvt. Ltd., SOM Distilleries & Breweries Group, Radico Khaitan Limited, Globus Spirits, and Jagatjit Industries Ltd. are based in and around the country’s capital. Shimla’s Mohan Meakin Ltd. and Daman’s Khemani Group are also recognised as some of the leading alcohol manufacturer in India.

The key segments covered in this report are:

By Type

• IMFL
  • Brandy and Cognac
  • Rum
  • Whiskies
  • White Spirits
  • Others
• Beer
  • Mild
  • Strong
• Wine
  • Red Wine
  • White Wine
  • Rose Wine
• Country Liquor

By Make

• Imported Liquor
• Indian Made Foreign Liquor
• Foreign Liquor Bottled in India
• Indian Made Indian Liquor

By Gender

• Male
• Female

By Ingredients

• Grains
• Molasses
• Fruits and Vegetables

By Distribution Market

• Government Controlled
• Open Market
• Auction Market

By Region

• South Zone
• North Zone
• East Zone
• West Zone

Over 90% of Indian Alcoholics are Men

Among every ten alcohol consumers in India, nine of them will most probably be men; leaving a slight chance that the tenth one is a woman. With more than 90% stake in India’s alcohol revenues, the country’s men will be offering over INR 4.7 trillion for consuming alcohol by the end of 2026. Likewise, Indian women are also likely to increase their contribution to the Indian alcohol market. During the forecast period, revenues accounted by sales of alcohol to Indian women will have soared at the fastest pace, registering a stellar CAGR of 8.6%.

Consumption of alcohol containing molasses as key ingredients will remain higher in India. Grains will also serve to be a preferred raw ingredient used for producing alcohol in India.  Although, production of alcohol through agricultural produce such as fruits & vegetable will remain negligent till the end of 2026. The report also anticipates that consumers will be more inclined towards buying Indian-made liquor – regardless of it being a foreign or Indian brand. Consumption of foreign liquor bottled in India is also likely to grow, but showcasing a marginal degree of increment.

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Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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

LinkedIn| Twitter| Blogs