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According to Future Market Insights (FMI), The Global Bio-Vanillin Market size was estimated at USD 167.32 million in 2021 and expected to reach USD 255.2 million in 2032, at a CAGR 7.4%. Europe Bio vanillin will represent approximately 40% of the overall demand. Bio vanillin market is at its initial development stage, the producers claim their products to be natural and some products have already been approved.

Consumer orientation towards clean labels and organic ingredients has blossomed into an environment conducive for the growth of bio vanillin consumption. It is one of the safest ingredients in the food sector with no side effects.

Bio vanillin enhances the shelf life, flavor, aroma, and taste of several food & beverage products while keeping the nutritional value of foods unaltered. Bio vanillin is widely used as a flavoring agent in pharmaceutical industries since they eliminate the sour taste and odor of medicines.

As compared to synthetically produced vanillin using chemical and plant synthesis, bio vanillin manufacturing results in minimal emission. Hence, the biotechnology route has environmental advantages over synthetic vanillin. The bio vanillin market comprises a few players with impressive production capacities and an extensive regional footprint.

Growing demand for biotech-based products due to their sustainable characteristics and properties over their synthetic counterparts has led to increasing commercialization and utilization of bio vanillin over the past few years, and the trend is expected to not change over the forecast period.

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Competitive Outlook

Biotechnology is at a very nascent stage so vanillin production via biotech process is a capital-intensive procedure, driving bio vanillin producers towards collaboration and amalgamations. The major players in the bio vanillin market are Evolva Holding, Le Saffre, Firmenich SA, Solvay, De Monchy Aromatics, Advanced Biotech, Archer Daniels Midland Company, Givaudan, Omega Ingredients Limited, ENNOLYS, Beijing LYS Chemicals Co., ADM, Axxence Aromatic GmbH,  BERJÉ INC, Comax MFG Corp, Champon Vanilla Inc, and International Flavors and Fragrances among others.

Key Takeaways from the Market Study

• According to the study by Future Market Insights (FMI), the Global Bio-Vanillin Market size was estimated at USD 167.32 million in 2021.
• According to FMI, the food and beverages industry will continue to account for the lion’s share in the bio vanillin market, based on application.
• Fragrances and perfumes are the second most lucrative business domain in the bio vanillin market after food and beverages owing to expanded per capita spending on personal grooming. They account for over 25% of bio vanillin sales.
• The proliferating demand from growing biotechnology markets such as India, China, Indonesia, Vietnam, Japan, and Malaysia is driving the market in the Asia Pacific region.
• Synthetic vanillin market size represents over 97% of the overall demand for vanillin, leaving a lot of ambits to explore for the bio vanillin.
• The growing consumer population leaning towards the utilization of high nutritional and bio-based food and beverage products, especially in developed economies will impel the market growth.
• The Middle East, thanks to its confectionaries and ice cream industry’s contribution to vanillin consumption, is expected to witness good bio vanillin sales.
• In developed regions of North America and Europe, regulatory support from authorities will aid market growth. Bio vanillin is positioned as one of the premium products used in foods, drinks, and fragrances.

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“The patents are likely to emerge as entry barriers for companies trying to get into biotechnology. Larger corporations and government organizations with ample capital investments are engaged in continuous research and development for achieving economies of scale for bio vanillin at lower costs of production. Firms should opt for approaches involving joint ventures, alliances, and quality research and development to acquire a large chunk of the global vanillin market,” says a Future Market Insights Analyst.

Market Segmentation

By Application

• Food & Beverages
  • Ice Cream
  • Bakery and Confectionery
  • Chocolate
  • Other foods
• Pharmaceuticals
• Fragrances
• Cosmetics
• Others

By Region

• North America
• Latin America
• Europe
• APEJ
• Japan
• Middle East & Africa

Frequently Asked Questions

• What drives the bio vanillin market?
• What are the key growth strategies adopted by leading companies in the bio vanillin market?
• Which region will lead the global sales of bio vanillin?
• Which application-based segment offers the most lucrative growth opportunities?
• What drives the bio vanillin market in developed regions?

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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The global meat alternatives market size totaled US$ 5,660.1 Mn in 2021. With sales growing year-over-year by 5.2%, the market valuation is set to reach US$ 6,378.9 Mn in 2031.

Meat substitutes have been on the market for quite some time. However, it was only after the spread of veganism and flexitarianism that these products began to acquire traction. Previously, there were few meat substitutes available on the market. However, as the vegan movement has grown, new players have entered the market for meat replacements, releasing novel goods that taste exactly like meat.

Furthermore, meat alternatives have their department in retail establishments, which raises customer interest and so creates and improves sales opportunities for market participants. The global meat alternatives market is expected to account for around US$ 5,660.1 Mn in 2021.

Key Takeaways from the Meat Alternatives Market Study

• Soy, wheat, faba bean, pea, lentil, rice, and other plant-based proteins are gaining significant market share. These segments are expected to increase rapidly during the next few years. The demand for these plant-based ingredients is increasing as they are increasingly used in innovative vegan meat alternatives.
• Cultured meat is still in its early stages of development and is projected to remain so for at least a few more years. Technological developments have paved the way for cultured meat to become a viable meat substitute in the future, but not right now.
• Insect protein contains nearly the same amount of protein as beef protein and has a greater iron concentration. As a result, it is regarded as a very good source of meat alternatives. In North America, the insect protein was only introduced after the FAO released a report in 2013. The number of companies producing these items has risen dramatically.
• Meat substitutes can be found at most grocery stores and supermarkets. Meat substitutes are available at quick-service restaurants. In some supermarket stores, meat alternatives are beginning to coexist with real meat in the aisles. While meat alternatives distribution isn’t yet up to par, significant businesses are working hard to extend their networks. Carrefour, a European grocery chain, for example, entered the bug market with a line of buffalo worm pasta and granola. Eat Grub, a London-based food firm, is selling bags of roasted crickets at Sainsbury’s and Ocado.

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While the concept of meat alternatives has only recently gained popularity, it has been discussed for quite some time. Many products that were not promoted as meat replacements have been available on the market for a long time.  For instance, textured soy protein has been on the market for a long time. The texture, taste and protein content have all been replicated meat, although not completely but partially. However, as the vegan and flexitarian populations have grown, the demand for meat alternatives has expanded significantly.

“Although the traditional meat sector is not slowing down, demand for meat alternatives is steadily increasing. Product development has contributed to the expansion of the meat alternatives industry. Consumers are becoming more interested in the companies’ innovative offers. In the meat alternatives sector, product introductions are expanding by double digits year after year,” says an FMI analyst.

Who is Winning?

Some of the key players operating in the meat alternatives market are According to market research analysis Ingredion Inc., Archer Daniels Midland Company, Cargill Inc., CHS Inc., Wilmar International Ltd., AGT Food & Ingredients, Inc., Beyond Meat Inc., Cargill Inc., CHS Inc., E. I. DU PONT DE NEMOURS AND COMPANY, Glanbia plc, Hügli Holding AG, Impossible Foods Inc., Ingredion Inc., MGP Ingredients, The Kraft Heinz Company, AGRANA, among others.

As the number of consumers opting for meat alternatives is growing, several major meat product manufacturers are entering the market. To meet shifting customer demand, market participants in the meat alternatives market are focusing on innovation, product launches, and increasing their distribution networks.

• In June 2019, Beyond Meat, Inc. launched a new product for the meat alternatives market, Beyond Beef which started selling in grocery stores across the U.S. Beyond Beef is plant-based ground beef that is made from a combination of proteins such as peas, rice and mung bean and various other spices and is ready to cook.
• Impossible Foods, Inc. launched Impossible Burger 2.0 at the  International Consumer Electronics Show in Las Vegas out textured wheat protein for soy protein concentrate which has switched
• In 2019, TUNO, a seafood alternative by Atlantic Natural Foods LLC, was launched in the supermarkets of the UK. Morrison became the first retailer in the UK to stock TUNO.

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Find More Valuable Insights on Meat Alternatives Market

Product Type:

• Seitan or Wheat gluten
• Tofu
• Quorn
• Risofu
• Tempeh
• Algae/ Mycoprotein
• Insects
• Textured Vegetable Protein
• Fermented proteins
• Fish Protein
• Cultured or ‘clean’ meat
• Others (Yaso, Nato and Miso)

Nature:

• Organic
• Conventional

Source

• Plant-based Protein
  • Soy-Based
  • Wheat-Based
  • Canola- Based
  • Faba Bean- Based
  • Potato- Based
  • Pea-Based
  • Rice- Based Lentil- Based
  • Flax- Based Chia- Based
  • Corn- Based
• Insect Protein
• Mycoprotein

Storage:

• Refrigerated
• Frozen
• Shelf-Stable

Distribution Channel:

• B2B
• Retail
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Independent Small Groceries
  • Wholesalers
  • Online Retail
  • Other Retail Formats
• HoReCa (Foodservice Sector)

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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The global Potato Flake Market was valued at US$ 17,103.8 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 7% between 2019 and 2029. The rising demand for snacks among all age groups is aiding the growth of the Potato Flake.

Increasing launches and development of major brands of potato flakes are anticipated to drive the overall growth of the potato flakes market. Leading manufacturers are focusing on expanding their footprint in regions apart from the U.S. Increasing penetration of established manufacturers ensures a competitive market scenario, and results in the launch of numerous variation in potato products that is estimated to push the overall market growth. Additionally, due to the increasing penetration of social media platforms, customers have awareness about several international brands. Manufacturers in the market including Bob’s Red Mill and McCain Foods Limited are well-known for their premium products, including potato flakes. These brands pay substantially on branding and advertisements via online and other channels, and therefore. Their marketing strategies are key drivers of potato flakes sales.

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“The rising demand for extruded snacks as well as bakery products is anticipated to boost the market for potato flakes in the forecast period. Key players are adopting diverse strategies to maintain a strong foothold in the potato flakes market.” says an FMI analyst.

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Key Takeaways from Potato Flakes Market Study

• According to FMI study’s on the potato fakes market, a large consumer base is looking for products that are naturally sourced. Potato flakes are generally used in dishes that require mashed potatoes. Potato flakes are used as a thickener or base for the preparation of ready-to-eat vegetable gravies and soups. They are also used as an ingredient for potato chips, texturized potato products, snack pellets, etc. Thus, the demand for Potato Flakes is surging.
• The global potato flakes market has been segmented based on end-use, where the buyer to consumer segment holds the major share. However, in the upcoming period, the buyer to buyer segment is estimated to show a positive growth due to its increasing applications in different food products.
• Based on nature, the global potato flakes 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.
• Eastern Europe and APEJ are expected to lead the global potato flakes market in terms of value. The demand for potato flakes is considerably high in North America. Western Europe is predicted to show a high growth rate in the forecast years. The Latin America market, dominated by Brazil, is also exhibiting high demand for potato flakes.

Who is winning?

Idahoan Foods, McCain Foods Limited, Nestle S.A., Inc., Clarebout Potatoes NV, Goodrich Cereals, Lamb Weston Holdings, Inc., Iscon Balaji Foods Pvt Limited, Lutosa SA, Patwary Potato Flakes Ltd., Bem Brasil Alimentos LTDA, Rixona B.V., Agrarfrost GmbH & Co. KG, Nahr-Engel GmbH, Basic American Foods, Inc., Bob’s Red Mill Natural Foods are some of the key market players.

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

• In March 2018, Nestle S.A. opened a new quality assurance lab in Araras, Brazil. The move was intended to enhance the company’s organic product portfolio in the region. The company invested around US$ 6.9 Mn to construct the new facility. The quality assurance facility will ensure that its organic products are free from pesticides and genetically-modified organisms.
• In April 2018, McCain Foods Limited completed a strategic investment with a highly innovative agriculture company, TruLeaf Sustainable Agriculture. With this partnership, the company is expected to set new standards for efficient crop production and environmental care.
• In 2017, Lamb Weston Holdings, Inc.  expanded its Richald Washington plant by 2, 90,000 square feet, increasing its production capacity by approximately 300 million pounds annually.

POTATO FLAKE MARKET TAXONOMY

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

End Use

• Business to Consumers
• Hypermarket/Supermarket
• Convenience Store
• Specialty Store
• Traditional Grocery
• Online Retailers
• Business to Business
• Food Service Industry
• Food Industry
  • Soups & Premixes
  • Bakery
  • Snacks
  • Frozen Food
  • Baby Food
  • Meat Processing
• Animal Feed

Nature

• Organic
• Conventional

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East
• South Africa

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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The global infant formula ingredients market is expected to reach US$ 17,822.5 million by the end of the forecast period in 2029. The growing focus on flavors and digestibility is propelling the market. The market is projected to report a healthy CAGR of ~ 7.3 %. Leading companies focus on expansions and new products over the forecast period.

Key Takeaways of Infant Formula Ingredients Market Study

• In terms of the type of ingredient, carbohydrates are currently dominating the global infant formula ingredient in overall value. On the other hand, increasing research on the importance of gut health and immunity drive are driving prebiotic infant formula ingredients to display a faster rate of growth.
• Further, cow milk continues to be a highly preferred source of ingredients for infant formula account for a large portion of all production activity. However, interest in plant based ingredients also supports the adoption of soy based ingredients. In addition, protein hydrolysates are currently in a nascent stage, but is displaying a higher rate of adoption.
• While liquid and semi liquid ingredients in infant formulas are spread across the industry, powder forms have witnessed the fastest growth, and accounts for the largest segment in the industry.
• Most infant formula ingredients are used in the production of growing-up milk products for children over 12 months of age. However, rising trends of personalization to meet the unique needs of individual babies are driving the growth of specialty formulas at a faster pace.

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“Manufacturers are focused on introducing premium infant formula ingredients, as awareness about high-quality infant formula necessary for adequate nutritional needs with all key elements and nutrients is gaining popularity.”, says the FMI analyst.

Product launches and Collaboration Drive Growth

The global infant formula ingredients market is largely fragmented and fosters high levels of competitiveness. Consequently, major players are making use of multi-pronged business strategies involving expansions, new product launches, collaborations, and acquisitions to bolster their presence in the international market.

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Get Valuable Insights into Infant Formula Ingredients Market

Ingredient Type

• Carbohydrates
• Fats & Oils
• Proteins
• Vitamins
• Minerals
• Prebiotics
• Others (Probiotics, Nucleotides, and Emulsifiers)

Source

• Cow Milk
• Soy
• Protein hydrolysates
• Others (Goat milk and camel milk)

Application

• Growing-Up Milk (Infants over 12 months)
• Standard Infant Formula (0-6-month-old infants)
• Follow-On Formula (6-12 month-old infants)
• Specialty Formula

Form

• Powder
• Liquid & semi-liquid

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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The worldwide galacto oligosaccharides market has been estimated to have a value of US$ 621 million, and grow with a healthy CAGR of ~7.7 %. Increased focus on improvements to the infant nutrition industry to boost gut health and immunity has given a boost to the market, according to Future Market Insights.

Major companies are focusing on research and development to bolster product portfolios, while being in sync with the current trends of the industry. This in turn is expected to support the expansion of the GOS market through the forecast period of 2019-2029.

“Companies need to focus on newer emerging applications in adult nutrition and animal feed. Since the production of GOS is concentrated only in a few countries, companies need a stronger distribution network and sales channels for timely delivery of products to end-user industries,” says the FMI analyst.

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Key Takeaways of the Galacto Oligosaccharides Market Study

• Galacto oligosaccharide is used primarily as a prebiotic ingredient accounting for more than 96 % of the overall market share. While still in a nascent stage, the function of GOS as a sweetener is projected to grow at an impressive CAGR nearing 11 % through the forecast period.
• In terms of end user industries, most galacto oligosaccharides products are used in the food and beverage sector, for human consumption, most of which goes into formulations of dietary supplements, followed by dairy products. The use of GOS in animal feeds is fairly new. However this end use application will grow by a strong CAGR of 8.7 %.
• Europe is the largest market for galacto oligosaccharides accounting surpassing 40 % of the overall market. On the other hand, the APEJ region currently accounts for more than 25 % of the global market is rising at a CAGR surpassing 9.5 %, owing to higher awareness about prebiotics and the development of plant based GOS.
• Pharmaceutical and personal care applications are also expected to go up with a strong CAGR approximating 8.4 %, with the growth of the nutraceuticals sector, and consumer inclination towards probiotics and prebiotics.

Galacto oligosaccharide GOS products are primarily available in powders and liquid formulations. Of these liquid GOS products are projected to dominate the industry with over 62 % of the global market share through the end of 2029. This can be attributed to a wider spread of applications including products such as fermented milk, yogurt, and more. On the other hand, powdered galacto oligosaccharides are anticipated to grow at a faster rate owing to increased adoption in nutraceutical and infant food formulations.

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Get Valuable Insights into Galacto Oligosaccharides Market

Future Market Insights, in its latest report, presents an unbiased analysis of the global galacto oligosaccharides market, covering historical data and forecast figures for the period between 2019 and 2029. The study provides insights into the growth witnessed in the market. In terms of product type, the market is bifurcated into liquid and powder. On the basis of primary function, the market is split between prebiotic and sweetener. Based on end user, the market can be segmented into food and beverages, pharmaceuticals and personal care, and animal feeds. Regionally, the global market can be segmented into North America, Latin America, Europe, APEJ, Japan, and the Middle East and Africa.

Market Segmentation

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

Product Type

• Liquid
• Powder

Primary Function Type

• Prebotic
• Sweetener

End-User

• Food & Beverage
  • Dietary Supplements
  • Bakery Products
  • Dairy Products
  • Others
• Animal feeds
• Pharmaceutical and Personal care

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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