Proposal Management Software Market is Expected to Occur at a CAGR of 11.1%, Amassing a Market Revenue of US$ 6.7 Billion by 2032

The global proposal management software market is estimated to secure a market value of US$ 6.7 Billion by 2032 while expanding at a CAGR of 11.1% during the aforementioned timeframe, concludes Future Market Insights. The growth of the market can be attributed to the increasing demand to streamline business operations and the rapid digitization of enterprises. Also, the integration of modern technologies such as; AI-based tools is expected to offer remunerative opportunities to the market in the coming time.

In addition, the launch of new products in the market is likely to propel the market expansion in the forecast period. In August 2021, Frequence, a renowned advertising sales automation player and workflow software provider, disclosed the launch of SmartProposals.

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A first-of-its-kind technology, SmartProposals applies real-time deal-close and campaign performance data to offer and augment local-market media campaign proposals. It analyzes millions of data points from a significant number of media campaigns to provide abled campaign proposals that strengthen media sellers to produce augmented revenue. Owing to such initiatives, the market is likely to flourish significantly in the forecast period.

Key Takeaways from the Market Study:

  • The software segment to expand at a CAGR of 10.9% by 2032
  • The on-premises segment to exhibit a CAGR of 10.1% during the forecast period
  • Market in the U.S to secure a value of US$ 2.3 Billion by 2032
  • Chinese market to expand at a CAGR of 10.4% during the forecast period
  • South Korea to record a CAGR of 8.8% by 2032
  • Market in the U.K to exhibit a growth rate of 10.1% in the assessment tenure

Competitive Analysis 

Key players in the global proposal management software market are Microsoft, WeSuite, Icertis, Deltek, and GetAccept.

  • In August 2021, Deltek, an eminent provider of software and solutions for project-based solutions, disclosed that it had secured ArchiSnapper. The initiative would assist architects and engineers to make their business more efficient with better tool management services.
  • In March 2022, Deltek, a renowned provider of software and solutions for project-based businesses, and Qarbon Aerospace disclosed the accomplishment of enterprise-wide business systems transformation from Qarbon Aerospace’s legacy solution SAP to Deltek Costpoint.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global proposal management software market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of component (software and services), deployment (on-premises and cloud), enterprise size (large enterprises and small and medium-sized enterprises), and vertical (government, retail and e-commerce, healthcare and life sciences, BFSI, transportation and logistics, manufacturing, telecom & IT and other verticals) across five major regions (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America)

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Lignans Market 2022 Expectations & Growth Trends Highlighted Until 2032

According to the recent FMI report, the global sales of lignans are expected to surpass a valuation of US$ 676.7 Mn in 2032, growing at a CAGR of around 5.8% throughout the forecast period (2022-2032).

Demand in the global lignans market is projected to grow at a steady pace during the forecast period, owing to factors such as a growing preference for herbal products over synthetic medications, increasing consumer spending, and growing popularity of lignans in functional food and beverage industry on account of their antioxidant, anti-inflammatory, and antitumor activities.

Lignans are phytoestrogens that contain 2-phenyl propane units and have anti-oxidant and estrogenic properties. They  are a group of natural chemicals that contain two phenyl propane units. Many lignans are believed to have biological activity. For this reason, they are used for medical purposes.

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Over the years, lignans have become highly sought-after products in industries like food & beverages, pharmaceuticals, animal nutrition, and cosmetics. Growing production and consumption of products like functional foods, animal nutrition, cosmetics, and pharmaceuticals will therefore continue to boost the growth of lignans market during the forecast period.

In addition, lignans are in high demand due to their antiviral properties against HIV, HCV, HBV, SARS, HPV, Ebola virus, influenza virus, herpes simplex virus (HSV), vesicular stomatitis virus (VSV), and other viruses.

Key Takeaways from the Lignans Market Study:

  • Based on source. the cereals segment dominated the lignans market with a share of around 3% in 2021 while as oilseeds segment is likely to grow at 6.7% CAGR during the assessment period.
  • By application, food and beverages segment holds the largest revenue share in the global lignans market.
  • Asia Pacific lignans market is predicted to grow at around 7% CAGR during the forecast period (2022-2032).
  • The lignans market in North America is poised to grow at a steady CAGR of 5.2% between 2022 and 2032.
  • With rising inclination towards lignans based food products and pharmaceuticals, demand for lignans is slated to rise at a significant pace across the U.S. during the assessment period.

“Key market players are rigorously investing in R&D to introduce new products and obtain a competitive advantage in the market. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.

Who is winning?

Key players operating in the global lignans market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering lignans are TSKG Products, LLC, Kingherbs, Ltd., Shaanxi Zebrago Industrial, BioGin Biochemicals, FarmaSino Pharmaceuticals, Plamed Green Science Group, SPI Pharma, Xi’an Sinuotebio Tech, and others.

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Get Valuable Insights into Lignans Market 

FMI, in its new offering, provides an unbiased analysis of lignans presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for lignans based on the source (cereals, oilseeds, and plant resins), application (food & beverages, pharmaceuticals, animal nutrition, and cosmetics), across five major regions.

Lignans Market by Category

By Source, Lignans Market is Segmented as:

  • Cereals
  • Oilseeds
  • Plant Resins

By Application, Lignans Market is Segmented as:

  • Food & Beverages
  • Pharmaceuticals
  • Animal Nutrition
    • Horses
    • Ruminants
  • Cosmetics
    • Hair care
    • Toiletries
    • Skin Care

By Region, Lignans Market is Segmented as:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

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Gelling Agent Market 2022 Expectations & Growth Trends Highlighted Until 2032

By the end of 2022, the global gelling agent market is projected to be worth US$ 4.9 billion, growing at a CAGR of 4.9% between 2022 and 2032. The analysis projects that the global market will generate $8.2 billion in revenue by 2032.

Gelling agents are necessary for the preparation of both solid and semisolid media, which are essential for a wide variety of food and beverages in the foodservice industry. The first gelling agent found was gelatin, but it was quickly surpassed by agar, which has significantly higher characteristics.

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Natural gelling agents like agar and pectin help in reducing the incidence of numerous malignancies, in addition to lowering the risk of stroke, diabetes, heart disease, and high blood pressure. Increasing number of health-conscious consumers in both developed and developing countries is thus expected to push sales of gelling agents with rising need for weight management.

Physical activities such as walking, fidgeting, and formal exercises, according to studies, are considerably less important than food. Some of the dietary additives, including natural gelling agents have exhibited their hunger influencing behavior in various research studies. Therefore, consumers are demanding for gelling agents to maintain a healthy lifestyle and diet.

Gelling agents are prebiotics, which promote gut health by feeding the beneficial bacteria in an individual’s digestive tract. These may also help the individual to feel full for a longer period of time, which could accelerate weight loss. Thus, adding pectin to the diet may help in weight management.

Furthermore, gelling agents serve as an excellent stabilizing agent and help to keep products in perfect conditions and maintain their appealing appearances for a long period. Gelling agents also function as thickeners for ready-to-drink and on-the-go drinks, which would further push growth in the market.

Key Takeaways: Gelling Agent Market

  • By nature, the artificial gelling agents segment is anticipated to account for around 7% of the gelling agent market share over the forecast period.
  • North America gelling agent market is expected to witness a lucrative growth rate of 1% during the forecast period.
  • East Asia is projected to account for 2% of the global gelling agent market share through 2032.
  • In Europe, the U.K. is estimated to generate the lion’s share owing to increasing consumption of sports drinks among athletes in the country.
  • Based on function, the stabilizer segment is anticipated to account for around 7% of the market share over the forecast period.

 “Key manufacturers are focusing on improving their product branding and positioning to expand their businesses. They are also aiming to team up with international food manufacturers to strengthen their positions in the global gelling agent market,” says a Future Market Insights analyst.

Competitive Landscape: Gelling Agent Market

Some of the prominent players in the global gelling agent market include Cargill Incorporated, Tate & Lyle, Archer Daniels Midland Company, E. I. DuPont De Nemours, Ingredion Incorporated, Naturex, Nexira, Kerry Group, Agro Gums, CP Kelco, Riken Vitamin, Fuerst Day Lawso, Taiyo International, Avebe, and Palsgaard among others.

Gelling agent manufacturing companies are implementing robust go-to-market strategies such as collaborations, partnerships, M&A, and divestitures in addition to focusing on organic growth. Some of the other key players operating in the global gelling agent market are focusing on strategic collaborations with local distributors in emerging countries to reach a large consumer base.

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More Valuable Insights on Gelling Agent Market:

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

The study offers compelling insights based on the gelling agent market by nature (natural gelling agents and artificial gelling agents), product type (agar-agar, gellan gum, curdlan, xanthan gum, karaya gum, gelatin, pectin, guar gum, and gum arabic), and function (stabilizer, thickener, texturizer, and emulsifier) across seven major regions of the world.

Gelling Agent Market Outlook by Category

By Nature:

  • Natural Gelling Agents
  • Artificial Gelling Agents

By Product Type:

  • Agar-agar
  • Gellan Gum
  • Curdlan
  • Xanthan Gum
  • Karaya Gum
  • Gelatin
  • Pectin
  • Guar Gum
  • Gum Arabic

By Function:

  • Stabilizer
  • Thickener
  • Texturizer
  • Emulsifier

By Region:

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

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Neotame Market : Notable Developments & Geographical Outlook 2022 to 2032

Neotame is an artificial sweetener with off-white to white powder and an intensely sweet taste. Neotame is manufactured from 3,3 –dimethylbutyraldehyde and aspartame. Neotame purification and isolation is carried out by distillation of a portion of the methanol followed by addition of water. Neotame comes in the second generation of artificial sweetener followed by sucralose. Neotame delivers great taste and enhances flavors when used as a sweetener. However, neotame clean, sweet taste like sugar is used in small amount to sweeten foods and beverage. This is due to neotame artificial sweetener properties is said to have 8,000 times more sweetness than that of sugar.

Neotame is the highly potential for use in many products and also as a substitute for sugar that helps to maintain low sugar level in the body as it adds no calories to an individual’s diet. It can also replace or reduce non-nutritive and nutritive sweeteners while maintaining great taste. Additionally, neotame can be added safely to individual meal plan suffering from diabetes to help them achieve their dietary goals. Also, neotame as a standalone product would not provide an energy source for oral bacteria. Thus it will not cause any dental cavities

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Neotame Market: Dynamics

Neotame outperforms in the artificial sweetener market. This is due to no effects on glycemic control or insulin concentration and plasma glucose in a diabetic individual. Moreover, the potential growth factor for neotame market is people of all age, teen & children, diabetic patients, pregnant women can enjoy products composed with neotame and maintain a healthful diet. The rising demand for low calories in the food products and beverages is witnessed as a key driver for neotame market growth. Another potential factor for neotame market is the rising health issues such as obesity and diabetes amongst individual though consumption of high sugar-sweetened food items and beverages. Neotame has an increasing preference in food and beverage industry. The properties of neotame have the ability to get eliminates and get rapidly metabolized from the body is another driving factor for the growth of global neotame market. Neotame wide acceptance in processed foods such as dairy products, jams & jellies, baked goods and confectionary is said to be another factor for the growth of neotame market.

Neotame Market: Region wise Outlook

The global neotame market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). Geographically the market is dominated by some large player controlling the global neotame market, also the growing domestic players entering neotame market. Europe holds a relatively higher share of neotame market. This is due to the food authorities has approved the use of neotame as an additive in food and beverage, and thus it has resulted in high demand from the countries like UK and Germany. Followed by Europe is North America which holds relatively lower share. The market players in North America have started consumption of neotame in various beverage, owing to the standard sugar which leads to various health effects in an individual. North America and Europe will witness high CAGR in the forecast period. Extended regulatory approval for the use of neotame has resulted in significant boosted demand in the region. China in APEJ is dominating in terms of producing neotame due to demand from various countries like INDIA and Australia. Thus APEJ is estimated to grow at healthy CAGR in the forecast period. The regions in Europe and North America is expected to show a high CAGR owing to increase application in wide varieties of food products and beverages

Neotame Market: Prominent players

  • Prinova Group LLC
  • Shaoxing Marina Biotechnology Co.,Ltd.
  • The NutraSweet Company
  • A & Z Food Additives Co
  • Fooding Group Limited
  • McNeil Nutritionals
  • Ingredion Incorporated
  • Jk sucralose Inc.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, and Rest of MEA)

Neotame Market: Segmentation

Based on application: Neotame market can be segmented into

  • Baked goods
  • Fermented milk products
  • Carbonated soft drinks
  • Other food products

Based on industry: Neotame market can be segmented into

  • Food & Beverage
  • Pharmaceutical
  • Cosmetic
  • Agriculture

Report Highlights:

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

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Forskolin Market In-depth Analysis of Leading Market 2022 Research, Segmentation, Key Players Analysis and Forecast to 2032

Forskolin is a supplement obtained from Coleus forskolin which is commonly originated in India, Nepal, and Thailand. Forskolin has long been in medicines and the supplement form is now used to treat glaucoma, heart disease, respiratory problems, psoriasis, cardiovascular disorders, hypothyroidism, and asthma. Various recent studies have also shown forskolin’s effectiveness with weight loss as well. Forskolin boosts the production of cAMP, a special molecule that increases the production of certain enzymes such as hormone-sensitive lipase (HSL) which is responsible for the breakdown of fat in the human body.

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Emerging as the Replacement for Xanthan Gum, Forskolin is Generating Demand from Various Industries

According to the World Health Organization, 13% of the global adult population is suffering from obesity and overweight issue in the year 2016. Obesity issues and health problems are directly connected to poor dietary choices.

An increasing number of individuals and children with health issues has played a significant role in the consumers’ attention toward ingredients used in supplements and various food products. Forskolin is known to promote appetite fullness when consumed, thus helping in weight loss.

Due to the change in consumers’ perception seeking to try natural and healthier products, the demand for Forskolin is increasing at a rapid rate. The consumer awareness about the ingredients in the products that they consume has also promoted the use of plant-based dietary supplements. Xanthan gum has been known to have side effects and also its use is to be limited as per regulations. The Forskolin being a natural product is thus replacing the use of xanthan gum as a food additive.

Global Forskolin Market – Key Players:

Key market players identified in the global Forskolin market include Wolfson Berg Limited, Sabinsa Corporation, Nutra Green Biotechnology Co., Ltd., Varion Lifesciences Pvt. Ltd., Bioprex Labs, Alchem International Limited, Flavour trove, Cymbio Pharma Pvt. Ltd., Alexa Biotech Pvt. Ltd. among others.

Forskolin Market: Opportunities

Forskolin is gaining great commercial significance, as they are engaged in the stabilization of foods, development of several industrial and pharmaceutical compounds. Pharmaceuticals is generating attractive demand for Forskolin for its unique properties. The use of Forskolin as the antimicrobial, antitumor and the antiviral compound has been investigated. Forskolin has shown immune stimulatory effects compared to other biopolymers, and its prospective contribution to the treatment of multiple diseases are taken into account in therapeutic regimens. Also, attractive marketing strategies implemented by manufacturers of dietary supplements are boosting the sales of these products. This, in turn, has resulted in an increase in the demand for Forskolin.

Forskolin Market: Regional Analysis

The Forskolin market in the Asia Pacific is expected to witness lucrative growth owing to the increased demand from the food and beverage industry for various applications. The increase in purchasing power, increase in middle-class population and the influence of Western culture are also few of the factors which will result in the increased demand of Forskolin in the APAC region.

Europe is expected to dominate the market, followed by North America. Also, owing to massive competition between different polysaccharides including Forskolin for industrial applications, several advanced techniques, and methodologies have been discovered by several R&Ds and researchers to explore their structural backbone. Many manufacturers are developing their own research and development team to manufacture innovative Forskolin products. Increasing competition and expansion of Research and Development is expected to have a positive impact on the Forskolin market.

The research report presents a comprehensive assessment of the forskolin market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

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The report covers exhaustive analysis on:

  • Forskolin Market Segments
  • Forskolin Market Dynamics
  • Forskolin Market Size
  • Forskolin Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Forskolin Market
  • Competition Landscape and Emerging Market Participants in Forskolin Market
  • Technology related to Production/Processing of Forskolin
  • Value Chain Analysis of the Forskolin Market

Regional analysis includes:

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

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

Forskolin Market: Market Segmentation

The Forskolin market is segmented on the basis of end use, application and concentration.

By End Use, the Forskolin market is segmented into:

  • Nutraceuticals
  • Pharmaceutical
  • Dietary Supplements
  • Others (Food Processing, Cosmetics)

By Application, the Forskolin market is segmented into:

  • Allergy Treatment
  • Weight Management
  • Respiratory Problems
  • Cardiovascular Disorders
  • Glaucoma
  • Hypothyroidism
  • Psoriasis
  • Others

By Concentration, the Forskolin market is segmented into:

  • Low Concentration (10%)
  • Medium Concentration (20%-40%)
  • High Concentration (95%)

Report Highlights:

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

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Software-Defined Wide Area Network Market is likely to Touch US$ 53.8 Billion by the end of 2032

Soaring Demand for Mobility Services to Catapult Growth; Software-Defined Wide Area Network Market to Witness a CAGR Of 31.6% through 2032 The software-defined wide area network (SD-WAN) market is predicted to increase at a 31.6% CAGR from USD 3.4 billion in 2022 to USD 53.8 billion by 2032. Software-defined wide area network solutions are in high demand across all industries to manage complex and diversified network infrastructure at a cheap cost.

Software-defined wide area network solutions meet the cloud application’s requirements for increased bandwidth and low latency while optimising bandwidth. Software-defined wide area network streamlines network complications such as WAN network configuration, administration, and optimization, are some of the other factors expected to boost the software-defined wide area network market statistics.

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Adopting the same is expected to bring about potential software-defined wide area network market growth opportunities.  The demand for software-defined wide area network is increasing as firms rely heavily on the work-from-home effort as a result of the COVID-19 epidemic. Organizations are searching for innovative networking solutions to improve agility and security in order to support remote working.

The pandemic’s supply chain disruption is causing a short-term barrier, notably in the deployment of software-defined wide area network equipment. COVID-19 is predicted to have a favourable software-defined wide area network market trends. Due to supply chain interruptions, the software-defined wide area network market may see a little decline.

During the projected period, North America is estimated to have the biggest software-defined wide area network market share in the global software-defined wide area network market. Due to the large-scale installation of software-defined wide area network solutions by service providers and verticals in the nation, the United States has emerged as the largest country for software-defined wide area network market opportunities in terms of market size.

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Large CSPs in the United States include AT&T, Sprint, T-Mobile, CenturyLink, and Verizon. To decrease CAPEX and streamline network operations, business sectors are using software-defined wide area network solutions in their core networks to positively affect the software-defined wide area network market future trends.

KEY TAKEAWAYS: 

  • In the United States, the software-defined wide area network market is estimated to reach US$ 19 Billion by 2032, increasing at a CAGR of 31.3% through 2032.
  • The software-defined wide area network market in the United Kingdom is expected to be worth US$ 2.28 Billion by 2032, with a CAGR of 30.5% through 2032.
  • China’s software-defined wide area network market is expected to reach US$ 3.9 Billion by 2032, with a CAGR of 30.9% through 2032.
  • The market for software-defined wide area network in Japan is expected to be valued at US$ 3.2 Billion by 2032, expanding at a 29.9% annual rate through 2032.
  • South Korea is expected to reach a market size of US$ 1.9 Billion in software-defined wide area network by 2032, with a CAGR of 28.9% through 2032.
  • The software-defined wide area network market’s cloud segment form the deployment category is predicted to develop at a CAGR of 32.5% through 2032.
  • Through 2032, large enterprises in the software-defined wide area network market’s organization size sector will grow at a CAGR of 33.2%.

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COMPETITIVE LANDSCAPE: 

Cisco, VMware, Silver Peak, Aryaka Networks, Nokia, Adaptiv Networks, Peplink, Lavelle Networks, Martello Technologies, Mushroom Networks, and Bigleaf Networks are key players and innovative providers in the worldwide SD-WAN industry.

To expand in the worldwide SD-WAN market, these companies have used a variety of organic and inorganic techniques.

These companies provide software-defined wide area network solutions to meet software-defined wide area network market demands and needs.

To extend their influence in the software-defined wide area network market trends, these vendors have used a variety of organic and inorganic growth tactics.

RECENT DEVELOPMENT: 

A couple of recent developments in software-defined wide area network market are as follows:

  • Aryaka announced a partnership with T-Systems Switzerland (part of Deutsche Telekom’s large-business section) for the Swiss business enterprise market in May 2020. T-Systems Switzerland will use the Aryaka SD-WAN solution for its clients in Metropolitan Area Network, Managed LAN, Unified Communications (UCC), and Network Security Services.
  • Cisco published a security fix for their SD-WAN solution’s vContainer in June 2019, which included a bug that might allow an attacker to establish a Denial of Service (DoS) situation.
  • HPE announced the acquisition of Aryaka Networks, a major vendor of SD-WAN technology, in July 2020. This purchase will significantly strengthen HPE’s position in the SD-WAN industry.

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Food Waste Management Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032

The sales of food waste management market are estimated to be valued at US$ 62.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 116.4 Bn by 2032, rising at a CAGR of 6.4% for 2022-32.

According to the United States Environmental Protection Agency (EPA), more than 38 million tons of food waste was generated in 2014, with a mere five percent diverted from incinerators and landfills. EPA estimates that food accounts for 21.6% percent of discarded municipal solid waste generated in the country. Food losses and waste bring to light the inefficiency of food value chains and food systems, which cause a fall in overall food availability.

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The increasing food loss and wastage has led to a growing focus on decreasing the total volume of waste produced while increasing efforts to bring about sustainability in food waste management worldwide. The global food waste management market is anticipated to be valued at US$ 62.6 Bn in 2022. Future Market Insights (FMI) projects that the food waste management market will see a significant CAGR of over 6.4% during 2021 – 2032.

Key Takeaways – Food Waste Management Market Study

  • The food waste prevention segment is expected to rank relatively high on the attractiveness index in the global food waste management market. In 2022, the food prevention segment is anticipated to dominate the market.
  • Food loss and wastage occurs at each node of the supply chain, from primary production to final end consumption.
  • According to FMI survey, it is observed that around 85% to 90% of the overall food wasted in the developing economies is in the supply chain, including producers, processors, distributors, transportation & logistics, and retailer levels. In developing economies, food loss usually occurs in the earlier stages of the supply chain as a result of limited technology, inadequate infrastructural facilities, unfavorable climatic conditions, and insufficient processing and lack of marketing.
  • In contrast, developed economies witness food losses and wastage to a substantial extent at the downstream stages of the supply chain.
  • In 2019, food processing wastes is estimated to dominate the food waste management market by waste type.
  • Rising preference for animal food production from food waste is expected gain traction in the food waste management market in the foreseeable future. Animal Feed, followed by fertilizers, are anticipated to remain the largest end-use segment globally during the forecast period.
  • Increase in promotional activities and investments in renewable energy generation are leading to the growing market prospects for food waste management in North America. High demand for renewable energy and development in infrastructure encourages new players operating in recycling and processing food waste market.

Players in the food waste management market could strengthen their positions by introducing services in the rural areas where the concentration of food waste management companies is relatively low.

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Technological Developments to Enhance Prospects for Food Waste Management Organizations

Increasing participation of small and mid-size enterprises in the global food waste management market provides opportunities for innovation in services offered by waste management companies. Through the development of innovative technologies such as shelf-life extension technology, companies operating in the food waste management market are able to expand their global footprint by leveraging the regulatory implications.

Know More About What the Report Covers

Market Segments Covered in Food Waste Management Industry Analysis

By Services:

  • Prevention
  • Collection
  • Transfer
  • Recycling
  • Landfill

By Waste Type:

  • Food Production Wastes
    • Agricultural Produce Wastes
  • Fruits & Vegetable Waste
  • Staple Grain Waste
    • Poultry, Fish and Meat Wastes
  • Bovine
  • Poultry Meat
  • Pork
  • Fish & Other Marine Food
  • Food Processing Wastes
    • Agricultural Produce Processing Waste
    • Poultry, Meat and Seafood Processing Wastes
    • Dairy Food Processing Waste
    • Other Food Processing Wastes
    • Distribution and Supply Chain Wastes
    • Retail Wastes
    • Consumption Wastes
    • Household Food Waste
    • Food Services, Hospitality & Institutional Waste (FSHI Waste)

By End-use:

  • Animal Feed
  • Fertilizer
  • Renewable Energy & Biofuels
  • Others (Cosmetic, Soap, Bio-plastic, and Other Products)

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Halal Food Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2032 

The global halal food market is set to witness growth at a CAGR of 9.7% and top a valuation of US$ 3.0 Tn by 2032. When it comes to halal certification, many Islamic countries have their own set of rules and restrictions. However, the Malaysian government has worked to establish a global halal standard. Malaysia’s Research Centre for Islamic Affairs established a national halal certification in 1974.

The Department of Islamic Development Malaysia (JAKIM) took over the implementation of the halal certification system, In 2005, in addition to monitoring and enforcing halal compliance in Malaysia, Malaysia’s halal certificate is the only internationally recognised emblem and certification system supported by the Malaysian government. approved for use by all Muslim nations, as it is a member of the Organisation of Islamic Conference (OIC).

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Other nations’ halal certification authorities were either created by local provinces or governments, or they were endorsed by non-governmental organisations (NGOs). The Halal Industry Development Corporation (HDC) was created in 2006 to further improve Malaysia’s position as the world’s leading halal centre. It was established with the goal of raising halal standards while also promoting commercial and industry development and branding.

More than 70 small and medium enterprises (SMIs) in the halal food manufacturing industry already call the Prima Halal Food Park home. All of these SMIs can join the Prima Vendor Program, which allows them to make halal cuisine under the PRIMA brand. The items are then distributed via PRIMA’s dedicated sales network.

Independent food and beverage producers can also create halal cuisine under their own brand names. In this instance, businesses must build their own distribution network while simultaneously contributing to the park’s central services and shared facilities expenditures.

Key Takeaways from Market Study

  • The halal food market is worth of US$ 1.2 Tn sales in 2022.
  • The halal food market is expected to expand at CAGRs of 9.7% through 2032.
  • Global halal food demand is projected to grow year-on-year (Y-o-Y) growth of 9.1% in 2022.
  • The halal food market is growing with a notable boost towards the production to reach USD 3.0 Tn by 2032.
  • Increasing requirement for the food among both Muslims and non-Muslims, advancement in healthy technologies incorporated, and strict regulations implementations are the factors driving growth of the market and to be the influencing factors among consumers, which is driving sales of halal food across global markets.
  • Demand for halal food grew at 8.8% CAGR between 2017 and 2021.
  • Prima Quality Food Industries Sdn Bhd, The Halal Food Company, Cargill Incorporated, Pacmoore Products Inc., and Al Islami Foods are expected to be the top players in the industry.
  • Halal food isolate with powdered form segment are in heavy demand from infant formula industry carrying a notable market share.

“Because of the stringent regulations in attaining halal certification, halal cuisine has evolved from being a religious dietary choice to an assurance of safe, healthy, hygienic and reliable food. The move to adopt uniform halal standards across OIC countries will allow them the opportunity to raise the standard of halal food and further strengthen the perception and market share of halal products in the global food trade,” says a Future Market Insights analyst.

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Competitive Landscape

Key halal food brands are looking for new strategic partnerships to develop the applications in food and beverage industry, along with infant formula and dietary supplements, while core business brands are focusing on developing nutritional and high quality food solutions to customers with several product innovations.

  • Delivery startup Jahez in Saudi Arabia raised US$36 million for its commission-free halal food ordering website, DeliverDXB, which launched in Dubai March of 2020.

Explore More Valuable Insights

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

Halal Food Market by Category

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Meat, Poultry and Seafood
  • Dairy Products
  • Fruits, Nuts and Vegetables
  • Fats, Oil and Waxes
  • Grains and Cereals
  • Beverages
  • Others

By Application:

  • Food & Beverages
  • Nutraceuticals & Dietary Supplements
  • Infant Formula
  • Animal Feed Industry
  • Others

By Region:

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

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Frequently Asked Questions

  • How much worth is the halal food industry?
  • At what CAGR is the market expected to expand through 2032?
  • How was the performance of halal food been over the past half-decade?
  • What will be the market for halal food worth in 2032?
  • Who are the key players operating in the market?
  • Which are the top countries driving the halal food market demand?
  • What are the key factors affecting the halal food market growth?

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Beta Glucans Market : Notable Developments & Geographical Outlook 2022 to 2032

The beta-glucans market is expected to rise at a promising 7% CAGR between 2015 and 2025. The ongoing coronavirus crisis has resulted in greater demand for immunity boosting dietary supplements. Further, reduced consumption of seafood, poultry, and meat products, and demand for functional foods will support the sales of beta-glucans products for the foreseeable future.

“Players in the food and beverage industry are incorporating beta glucans in their formulations to leverage new trends in health and fitness. The use of beta glucans sources such as select algae and seaweed species will aid in product differentiation and the diversification of product portfolios. Such trends will bolster the consumption of beta glucan in the years ahead,” says the FMI analyst.

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Beta-Glucans Market – Primary Takeaways

  • Cereals are a popular source of beta glucans in food products, owing to widespread applications in functional foods.
  • Soluble beta glucans variants are expected to witness rapid growth, supported by better digestibility characteristics.
  • Beverage applications contribute significantly to revenue, aided by consumer demand for health supplement products.

Beta-Glucans Market – Growth Factors

  • Rising adoption of beta glucans in pharmaceutical and nutraceutical formulations are key growth factors.
  • Changing consumer bias towards natural nutrition products against synthetic options bolsters sales.
  • Rising manufacturer awareness about beta-glucans extraction, sourcing, processing, and harvesting processes aids market growth.

Beta-Glucans Market – Major Constraints

  • Availability of substitutes such as guar gum, which are used as immunomodulators hinder beta-glucans applications.
  • Widespread availability of spurious, counterfeit products hurts market prospects.

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The Projected Impact of Coronavirus

The coronavirus crisis is generating lucrative opportunities in the beta glucans industry. Consumers are more willing to spend on preventive healthcare solutions for the covid-19 virus through the consumption of immunity boosting, beta-glucans infused supplement formulations. E-commerce channels of distributors will also aid market growth through and after the pandemic.

Competition Landscape

The beta-glucans market comprises players including but not limited to Koninklijke DSM N.V., Associated British Foods plc, Biothera the Immune Health Company, and Ceapro Inc. Market players are seeking strategic collaborations and new product launches to expand geographic presence. For instance, Singapore based Avida Health has launched chocolate based functional foods with beta glucan for kids aimed for boosting immunity.

More About the Study

The FMI study provides detailed insights on beta-glucans market. The market is broken down in terms of source (cereals, yeast, and others), functionality (soluble beta-glucan and insoluble beta-glucan), and application (food & beverages, bakery products, health & dietary supplements, dairy & frozen products, cosmetics & personal care, and others) across seven key regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA).

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Infant Formula Market Comprehensive Shares, Historical Trends And Forecast By 2031

In this report, Future Market Insights (FMI) delivers key insights and delivers revised forecasts of the global infant formula market in its published report, titled “Infant Formula Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017–2027).”

The market is segmented based on product type, distribution channel, and region. On the basis of product type the market is segmented into starting milk formula, follow-on milk formula, toddlers milk formula, and special milk formula. Starting milk formula segment is expected to register maximum CAGR in the global infant formula market. Follow-on milk formula and toddlers milk formula segments are anticipated to collectively account for 42.2% in 2027.

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Global Infant Formula Market: Forecast Analysis

The global infant formula market is estimated to reach a valuation of more than US$ 66 Bn by end of 2027 from a valuation of about US$ 26.5 Bn in 2017, and is projected to grow at a value CAGR of 9.5% throughout the period of assessment.

Global Infant Formula Market: Dynamics Influencing Growth

Increase in premium infant nutrition products, growing demand for probiotic infant formula, increasing number of working men, higher birth rates in developing regions, growing packaging innovations in infant formula, increasing demand for organic infant formula, prevalence of online shopping sites, and increasing demand for eco-friendly packaging for infant formula products are expected to push the growth of the global infant formula market. However, use of GMOs in infant formula, pricing issues and increasing scandals in infant formula are posing hindrances to the growth of the global infant formula market.

Global Infant Formula Market: Segmental Snapshot

On the basis of distribution channel, the market is segmented into specialty outlets, supermarkets, online stores, pharmacy stores, and others. In 2016, the pharmacy stores segment accounted for highest revenue share and is expected to dominate the global market throughout the forecast period. The supermarkets segment is projected to grow at the fastest rate in the coming years.

This report assesses trends driving growth of each segment on the global level and offers potential takeaways that could prove substantially useful to infant formula manufacturers looking to enter the market. In this report, the global infant formula market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). This report assesses trends driving growth of each segment on the global level and offers potential takeaways that could prove substantially useful to infant formula manufacturers looking to enter the market. The APEJ market has been estimated to dominate the infant formula market, accounting for maximum revenue share of the market by 2017 end. Infant formula market in the APEJ region is estimated to touch a significant valuation thus dominating the global market. Collectively, APEJ and North America markets are expected to account for over 67.9% revenue share of the global infant formula market by 2017 end. Middle East & Africa is expected to exhibit significant CAGR of 10.0% over the forecast period.

By product type, starting milk formula segment is the largest with a high market value and is projected to grow at a high CAGR of 10% during the period of assessment (2017-2027).

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Global Infant Formula Market: Competitive Dashboard

Some of the key players in the global infant formula market include, Nestle S.A., Groupe Danone, Abbott Nutrition Manufacturing Inc., Mead Johnson Nutrition, The Kraft Heinz Company, Meiji Holdings Co. Ltd., Beingmate Baby & Child Food Co. Ltd., Synutra International, Inc., Pfizer Inc., FrieslandCampina, and others. In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, product offerings, mergers and acquisitions. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share collectively that can support the readers to gain competitive advantage in the global infant formula market. Infant Formula Market by Category

By Product Type:

  • Starting Milk Formula
  • Follow-on Milk Formula
  • Toddlers Milk Formula
  • Special Milk Formula

By Distribution Channel:

  • Specialty Outlets
  • Supermarkets
  • Online Stores
  • Pharmacy Stores
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa (MEA)

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