Infant Formula Market to Witness Massive Growth, Emerging Technology Research Report by 2022-2032

The rising number of mothers participating in workforce across the globe has propelled the adoption of infant formula. In response to the increasing demand for organic baby food, sales of infant formula are set to rise at a robust pace of 10.60% CAGR between 2021 and 2026.

Sales of infant formula increased by 9.9% in 2021 owing to the rise in demand for baby food with clean label ingredients. Increasing penetration of e-commerce platforms have necessitated the rising demand of organic infant formula across the globe.

Key players in infant formula market are focusing on strategic collaboration with online pharmacies and retail stores. Their partnership is often aimed at catering the growing demand. Following the outbreak of COVID-19, while the world witnessed global shutdown, consumers turned to online shopping as safety measure.

Against this backdrop, partnerships with online store dealers is seen as a key market strategy to meet the rising demand, especially in developing regions. Based on aforementioned factors, the infant formula market value is estimated to reach US$ 38.8 Bn in 2021, opines Future Market Insights (FMI).

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Key Takeaways from FMI’s Infant Formula Market Study

  • Online stores are anticipated to be the primary distribution channel during the forecast period, followed by pharmacy stores
  • In terms of product type, starting milk formula segment is anticipated to account for over 50% of global market share
  • Special milk formulas and follow-on milk formulas are estimated to register growth with impressive double-digit CAGR over the next ten years
  • France and Germany are anticipated to register, collectively, robust growth backed by the presence of leading players during the forecast period
  • China is likely to dominate the global infant formula market backed by the rising demand for organic baby food in the country
  • The U.S. will lead the North America infant formula market during the forecast period owing to the rising number of mothers participating in the workforce
  • India will emerge as a lucrative market owing to rising cases of malnutrition children under the age of 5 in severe need of additional diet supplement

“Increasing demand for eco-friendly packaging and organic baby food will create a conducive environment for the manufacturing of infant formula, creating lucrative growth opportunities. Emergence of new Chinese group companies are currently challenging the industry giants through innovations and new product launches,” says the FMI analyst. 

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Competitive Landscape

Key players operating in infant formula market are focusing on strengthening their foothold in the industry due to increasing competition. Nearly 50-60% of the global market is dominated by Nestle, Danone, The Kraft Heinz Company, Abbott, and Friesland Campina.

However, the market scenario is expected to take a turn with innovations and new launches of infant baby formula by emerging group of Chinese manufacturers. Collaborations with current key players is the prime strategy of these Chinese manufacturers.

Current market players are increasing their research activities to develop new product launches with increased nutritional value to maintain their position in the industry.

For instance, in March 2021, Nestle introduced new range of bio-based lids and scoops made from sugar cane and its by product for a range of its nutrition products for infants and children. Along with this, its new Nestle Nutrition NAN infant formula packed in new eco-friendly packaging material was made available in the global market in January 2021.

In January 2021, Bobbie, the only mom founded and led infant formula company in the U.S. announced the launch of its first organic, European style infant formula that passed the approval of the U.S Food & Drugs Administration (FDA) requirements.

More Insights on the Global Infant Formula Market

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)

The report covers exhaustive analysis on:

  • What is the current infant formula market value?
  • At what rate did the Infant formula market grow between 2016 and 2020?
  • What are the key trends driving infant formula sales?
  • Who are the leading players of infant formula?
  • What is the demand outlook for North America infant formula market?
  • What is the Europe market outlook for infant formula?
  • Which are the top countries driving the infant formula market demand?
  • What is the market share of leading players in infant formula market?
  • What is the current market share of Japan in the global infant formula market?

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

About 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: 

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Lactose Free Dairy Products Market Expected to Reach Tremendous Growth by 2032

The global lactose free dairy products market is set to witness growth at a CAGR of 5.5% and is anticipated to reach a valuation of around USD 23.1 Bn by 2032.

Lactose intolerance is a common and debilitating illness that affects an estimated 75% of people worldwide. As a result, consumers avoid dairy products since lactose is difficult for them to digest. Lactose intolerance currently affects over 40 million Americans, or around one-third of the population, in varying degrees of severity. It is particularly common in people of East Asia, affecting more than 90% of adults in some of these populations. As a result, lactose-free dairy products have a large growth opportunity in the global market.

Various studies have shown, however, that a lactose-intolerant consumer can readily ingest a small amount of dairy products because lactose levels are relatively low in them. Nonetheless, the introduction of lactose-free dairy products to the market gave lactose-intolerant consumers the ability to consume dairy-based food items in the desired quantity.

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Key Takeaways from Market Study

  • The market is segmented based on product type, wherein lactose free milk is anticipated to account for a major chunk of the market share over the forecast period
  • The North American lactose free dairy products market is expected to witness a lucrative growth rate of 5.8% during the forecast period.
  • Lactose free dairy products which are organic is expected to hold a market share of over 40% in the forecast period
  • Lactose free dairy products is also segmented based on form, wherein the liquid form is expected to account for a sizeable portion of the market share over the forecast period

 “Lactose free dairy product faces stiff competition from other plant-based food products, which has slowed down the growth potential of the market,” says a Future Market Insights analyst.

Competitive Landscape

Leading lactose free dairy products makers are preferring to create new products to provide customers with a wide range of options, while the less adopting tactics included expanding into new regions and raising knowledge about lactose-free dairy products:

  • In 2020, Valio, a Finnish dairy and food firm, and Palmer Holland collaborated to distribute lactose-free milk powders. This was a critical step in bringing new value-added dairy components to the US market for both parties
  • Danone launched a lactose-free food line in Spain, named Activia, with a few varieties to capitalize on the country’s lactose-free population

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Explore More Valuable Insights

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

The study offers compelling insights based on product type (milk, condensed milk, milk powder, yogurt, ice cream, cheese and other products), form (liquid, semi-solid and powder), nature (organic and conventional), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.

The report covers exhaustive analysis on:

  • How much is the lactose free dairy products market worth by 2022?
  • What is the anticipated worth of the lactose free dairy products market by 2032 end?
  • What is the lactose free dairy products market outlook?
  • Which region is expected to drive the demand for lactose free dairy products market?
  • Who are the key players operating in the market?

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

About 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

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Chickpea Flour Market Report Covers Future Trends with Research 2022-2032

As per the report by Future Market Insights (FMI), the global chickpea flour market generated sales of nearly USD 4.15 billion in 2022. Chickpea Flour is made by grinding whole dry chickpeas. Being a good source of fiber and protein, and cholesterol free, the demand for chickpea flour is increasing. Chickpea flour also helps to fight various health problems such as obesity, heart disease, diabetes, and cancer, hence the consumption of chickpea flour is increasing. Although chickpea flour is used across the globe, it is especially used in Indian cuisines.

Apart from providing health benefits, chickpea flour also has a subtle flavour which makes it perfect for desserts as well as savory dishes. Moreover, producers of the chickpea flour are also investing in the development of new products in order to serve the large customer base. Chickpea flour is also widely used in producing baked food products, hence the demand for chickpea flour is high among the companies producing backed products.

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Key Highlights on the Global Market for Chickpea Flour

The global market for chickpea flour is segmented on the basis of distribution channel, product type, application, and region. By distribution channel, the market is further segmented into Departmental Store, Convenience Store, Online Store, Modern Trade, Food Chain Services, and Other Distribution Channels. Food chain services are likely to emerge as the largest distribution channel for chickpea flour. By 2026 end, food chain services as a distributor of chickpea flour is estimated to bring in nearly US$ 1,600 million revenue.

Based on the product type, market segmentation includes kabuli and desi chickpea flour. Among these two products, desi chickpea flour is expected to witness significant growth as compared to the kabuli chickpea flour. Desi chickpea flour is estimated to exceed US$ 3,200 million revenue by the end of 2026.

By application, the segments include dairy products, beverages, bakery and confectionery, animal feed, extruded products, and other applications. Among these, chickpea flour is estimated to find the largest application in bakery and confectionery. Towards the end of the forecast period, bakery and confectionery is projected to generate revenue exceeding US$ 2,400 million revenue.

Based on the region, Asia Pacific Excluding Japan (APEJ) is expected to register the highest growth in terms of value throughout the forecast period 2017-2026. APEJ is estimated to exceed US$ 2,400 million revenue by the end of 2026. Chickpea flour is used on a large basis in Indian cuisines, especially in sweet desserts, snacks and various other dishes. Also, high cultivation of chickpea in the region is contributing to the growth of the chickpea flour market. Meanwhile, North America followed by Europe are also anticipated to witness substantial growth in the coming years. Changing eating habits and rising health consciousness among people is driving the market growth in the region.

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Competitive Landscape

Parakh Agro Industries Ltd, Bean Growers Australia, CanMar Grain Products, Best Cooking Pulses, Blue Ribbon, Great Western Grain, Diefenbaker Spice & Pulse, Batory Foods, Anchor Ingredients, The Scoular Company, EHL Limited, SunOpta, ADM, Ingredion, and The Scoular Company, are some of the leading companies in the global market for chickpea flour.

The report covers exhaustive analysis on:

  • How much is the chickpea flour market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Chickpea flour sales?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for chickpea flour?
  • Who are the major players in Chickpea flour Market?
  • What outlook does APEJ provide?
  • At what rate will the U.S. chickpea flour market grow?
  • At what level does the report reflect pricing analysis?

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

About 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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Spirulina Powder Market Current Trends And Future Growth Estimations Outlook To 2032

According to a new study by FMI, sales of Spirulina Powder is expected to reach ~US$ 358 Mn in 2019. After the approval from the FDA for use of spirulina in food & beverage products, the demand for spirulina increased. Multiple companies invested in research and development to launch unique and innovative products using spirulina. Spirulina powder is used in various applications such as food and beverage, dietary supplements, pharmaceuticals, animal & aquaculture, and cosmetic & personal care industry. In last two years, multiple products are launched in the food and beverage industry in which spirulina powder is used as a primary ingredient. Natural Blue and Green Color produced from spirulina is in high demand and witnessed a strong market growth in last two years.

  • Demand for spirulina powder is growing rapidly as it is the super-food, which contains highest amount of protein found in any natural grown food. It also contains highest amount of vitamins, minerals and other essential nutrients, which makes it an ideal dietary supplement. Spirulina powder contains vitamin A, B, C, E, & K, and minerals such as magnesium, calcium, sodium, iron, phosphorus, zinc and manganese.
  • Sales of Spirulina is increased in past three years due to a positive perception towards the super-food, which consists of enormous amount of nutritional contents. Around 4 gram (1 teaspoon) of Spirulina can give sufficient quantity of protein, vitamin and minerals, which is generally obtained from food consumed in a whole day.

Organic and natural formulations have been consistently increasing trend since the past decade, and the trend is expected to continue over the forecast period. As per the USDA, over 75% of the grocery stores carried organic products in the year 2013. The demand for organic spirulina powder is growing as compared to conventional spirulina powder.

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In 2013, the U.S FDA approved the use of natural colorant made from spirulina. Multiple companies across the globe are producing natural colorant from spirulina such as Blue, Red, Green and Brown. In Europe, ESPA banned the use of synthetic colorant in food products, which helped spirulina powder to gain momentum in the natural colorant market.

Rising Use of Spirulina Powder in the Cosmetic & Personal Care Industry

Spirulina powder contains antioxidants and anti-inflammatory properties, which is witnessing a high growth in the cosmetic industry. Spirulina powder contains vitamins such as A, C & E in large quantities that are antioxidants and provide nourishment to the skin, due to which it is used in moisturizing and skin care creams.

Manufacturers have started using micro-algae in skin problems such as anti-aging, tanning, and pigmentation issues. Spirulina powder is used in anti-aging creams, skin whitening creams and pigmentation reducing products. Spirulina powder also has anti-cancer properties, which will boost the demand of its cosmetic products, as people prefer to take treatment which doesn’t require consumption of medicines.

Cost-Effectiveness

Despite the rise and fall of spirulina production globally, prices are maintained at an optimum level with a variance in prices of maximum 15% year on year. Multiple factors play an important role in identification of market prices such as spirulina powder production cost, processes used, labor cost, electricity and water cost, transportation cost and much more. Due to a subtle process by which manufacturers produce low processing cost, the Spirulina products such as spirulina powder are also found to be cost-effective and benchmark with its parent market prices. Various manufacturers are focused toward providing spirulina powder at an optimum price, owing to their high demand among consumers. Different companies have implemented integrated production approach to deliver cost-effective products.

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The global spirulina powder market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

By Nature

  • Organic
  • Convention

By Application

  • Food & Beverage
  • Dietary Supplements & Pharmaceuticals
  • Animal & Aquaculture Feed
  • Cosmetics & Personal Care
  • Others

By Sales Channel

  • Direct Sales
  • Retail Sales
    • Modern Trade
    • Specialty Stores
    • Pharma & Drug Stores
    • Online Retail
    • Other Retailing Formats

Usage of Spirulina Powder in Fish and Animal Feed Creating Demand

Spirulina powder has found application in animal feed, pet food and fish food since, animals and pets can easily digest spirulina powder and even don’t get any allergy or medical problems after consuming spirulina powder. Spirulina powder, which is rich in protein, vitamin and minerals can increase the health of animals & fish and also help in fighting various medical problems in animals. Spirulina powder is used as food for fish for several years due to the food preference, which also reduces the cost of production of fish at commercial scale. Use of Spirulina powder as a food for animals and fish is increasing and which is creating a demand for the product and helps in the overall development of food chain.

This study by FMI offers insights into the spirulina powder market for the forecast period of 2019-2029. The spirulina powder market is projected to record a CAGR of ~6% during the predefined period.

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

About 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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Frozen Ready Meal Market Detailed Analysis of Current Industry Figures with Forecasts Growth By 2032

global frozen ready meals market size is estimated to be USD 40.8 Bn in the year 2022 that is expected to grow at a CAGR of 8.2% to reach USD 89.7 Bn by the year 2032. APEJ market holds great potential for the frozen ready meals market as it is estimated to hold nearly 45% market share by the year 2022.

In recent years, ready-to-eat food has emerged as one of the most diverse divisions of the worldwide ready-meal market. A rise in convenience patterns, as well as a simultaneous increase in need for customised meal options, has resulted in strong desire for frozen packed meals. The frozen food and beverage industry is perceived as a yet another shop for consumers on the go, with everything from frozen desserts to appetisers and meals available.

Because of its microbiological and fungal-free qualities, frozen ready meals are in high demand in developed countries. Frozen packaged food manufacturers are now incorporating nutrient advantages alongside taste to appeal to a broader clientele seeking health and flavour.

Advances in technology to conserve frozen and partly prepared food, as well as substantial changes in the retail business, all promise positively for market players in the near future. The frozen ready meal industry would be worth more than USD 89.7 billion by 2032.

Frozen convenience meals sold by food supply chain companies remain a major source of income. Convenience stores are expected to extend their frozen ready meal range in the near future, while online sales will tap into previously undiscovered market opportunities.

In industrialized nations, where demand is higher than in other countries, frozen ready meals are now becoming incredibly common. The spike in the number of individuals working in rising economies such as China and India, and the trend toward longer and more unpredictable working hours, has led in a gradual shift away from the traditional model of daily cooking. Frozen ready meals are likely to grow in popularity in such countries as a result.

Convenience meals are growing in popularity in the packaged food industry due to its easy and portability. Organic convenience foods are also becoming more famous as they are certified natural things that may be used to substitute a full meal and are better than normal ready meals due to component differences.

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Key Takeaways from Market Study

  • The frozen ready meal market is expected to expand at CAGRs of 5.4% and 6.2% in US and the Middle East & Africa, respectively, through 2032.
  • The European frozen ready meal market is currently pegged at 25.2% share of total market.
  • The frozen ready meal industry in Asia – pacific region, except Japan, is predicted to increase at a healthy 4.7 percent.
  • Customer demand for healthy, nutrient-dense foods is boosting sales of frozen ready meals in various regions throughout the world.
  • Frozen chicken and frozen snacks contributed for more than 60% of the worldwide frozen ready meal markets in 2022, according to product type segmentation.
  • Covid-19 pandemic outbreak benefited the frozen ready meal business due to its ease.  Because many singles were limited to their homes and apartments, they had to depend on fast and ready-to-eat meals to sustain life. Due to the covid shutdown and social distancing practises, diners as well as other businesses were shuttered, increasing market demand for frozen ready meals.

“Targeting the food and beverage business would result in large earnings for frozen ready meal producers. Because of the increased consumption of healthy diet goods around the world, the health alternatives business could be a prospective market for frozen ready meals.” says a Future Market Insights analyst.

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Competitive Landscape

To improve the quality of products, major makers of frozen ready meals are concentrating heavily on research.

Campbell Soup Co: The company confirmed a complete restructuring in 2018 which will strengthen its presence in the rapidly changing foodservice sector. Campbell’s main business operations, such as its important soups, pre – cooked meal, shelf-stable beverage portfolio, and large snacks portfolio, are now grouped under this new company.

Conagra Brands: In the year 2019, Pinnacle Foods acquired the company. Pinnacle’s takeover of specialised gluten-free confectionary companies such as Udi’s and Glutino may boost Conagra Brands. With this purchase, the company will combine two catalogues with commercial growth to build a USD 12 billion corporation with leading brands in the frozen, snacks, refrigerated food, and grocery sectors.

McCain: In 2018, the business formed a relationship with Forno de Minas, a well-known cheese manufacturer. McCain bought 49 percent stake in Forno de Minas in this deal.

Segments Covered in Frozen Ready Meal Market Analysis

Product Type:

  • Vegetarian Meals
  • Chicken Meals
  • Beef Meals
  • Other Meals

End-User:

  • Food Chain Services
  • Modern Trade
  • Departmental Stores
  • Online Stores
  • Other Distribution Channel

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

The report covers exhaustive analysis on:

  • How much is the current worth of frozen ready meal market?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is the demand outlook forecast for the Frozen Ready Meal market?
  • Who are the top 5 players operating in the market?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for the Frozen Ready Meal market?
  • What outlook does Europe provide?
  • At what rate will the U.S. Frozen Ready Meal market grow?

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

About 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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Artificial Sweeteners Market Exhibits Higher Growth Prospects During 2022-2032

The artificial sweeteners market is estimated to be valued at USD 2.1 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 2.8 Bn by 2032, rising at a CAGR of 3% for 2022-32.

Due to the easy access to nearly infinite information, consumers are becoming more aware of their nutritional needs. As a result, consumers are more aware of the importance of making more healthy food and beverage choices. They are increasingly demanding more healthy, lower-calorie foods and beverages as their health concerns grow.

As people’s health conditions deteriorate, there is an increased demand for low-calorie food and beverage products to assist them in maintaining a healthy diet. Most health-conscious consumers prefer sugar substitutes because they contain fewer calories than regular sugar. Sugar substitute consumption contributes to the health benefits enjoyed by health-conscious consumers.

Sugar substitutes can help you lose weight and manage your diabetes. Because artificial sweeteners do not contain carbohydrates, they do not raise blood sugar levels. Sugar substitutes have almost no calories, whereas a teaspoon of sugar has about 16 calories. Stevia is a sugar substitute that is hundreds of times sweeter than sugar and has almost no calories.

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Key Takeaways from Market Study

  • Russia contributes around 20% to the European Artificial Sweetener market. The market in the country is mainly driven by the consumption of bakery and alcoholic beverages.
  • New tax regime introduced by the Government of the United Kingdom to reduce consumption of sugar-based products has increased the demand for artificial sweeteners.
  • In China the artificial sweetener market is expected to grow at a CAGR of 3.5%.
  • Rise in cases of diabetes in India increases the demand for artificial sweetener market and this demand is expected to grow in the forecasted year.
  • Artificial sweetener market in Australia is expanding at a faster rate and it mainly includes the beverage segment.

“The use of artificial sweeteners in processed foods such as candies, powdered drink mixes, jams and jellies, dairy products, baked goods, and other similar food and beverages to preserve flavor while making them healthier will drive the market growth,” says a Future Market Insights analyst.

Competitive Landscape

The global market for artificial sweeteners is fragmented, with numerous large and small regional players. Leading market players are focusing their efforts on developing innovative products and implementing strategies such as acquisitions and mergers to strengthen their position in the global market.

  • Roquette, BRAIN AG, and AnalytiCon Discovery announced in January 2021 that the R&D phase for the development of Brazzein, a protein sweetener naturally found in African berries Pentadiplandra brazzeana Baillon, had been completed successfully.
  • This high-intensity sweetener has a high sweetening potency while maintaining a sugar-free functionality and pleasant taste profile. Roquette and BRAIN will now move forward with the approval and industrial scale-up of the protein sweetener in the food and beverage sector as part of their newly agreed Joint Development Agreement (JDA). A contractual agreement for its approval and production has been signed by the partners.

Some prominent artificial sweetener manufacturers are utilizing advanced technologies to provide safe, affordable, and efficient artificial sweeteners. Whole Earth Sweetener, Ach Food, Madhava Sweeteners, Cargill Inc., Beijing Vitasweet Co. Ltd., Ajinomoto Co. Inc., Tate & Lyle PLC, McNeil Nutritionals are the market’s major players.

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Explore More Valuable Insights

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

By Product :

  • Aspartame
  • Acesulfame k
  • Saccharin
  • Sucralose
  • Neotame

By End User :

  • Food and Beverages
  • Pharmaceuticals
  • Direct Sales
  • Other End Users

By Application :

  • Bakery Goods
  • Sweet Spreads
  • Confectionery and Chewing Gums
  • Beverages
  • Dairy Products
  • Other Applications

Region :

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

The report covers exhaustive analysis on:

  • How much is the artificial sweeteners market worth in 2021?
  • What is the growth rate of the artificial sweeteners market in the forecast period?
  • What is the anticipated market value of artificial sweeteners in the forecast period?
  • Who are the key market players in the global artificial sweeteners market?
  • Which are the major countries driving demand for artificial sweeteners?
  • At what level does the report reflect pricing analysis?

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

About 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: 

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Soy Protein Isolate Market By Glorious Opportunities, Business Growth, Size, And Statistics Forecasts Up To 2032

By 2021, soy protein isolates market anticipated to hit US$ 2.69 billion. 90% of the protein content in soy protein isolates comes from refined soy. They are extensively utilised in weaning foods, infant foods, functional foods, meat systems, and dairy alternatives. Soya protein insulation, which is made from 100% vegetable protein and is high in flavones, has become widely popular among consumers all over the world.

Infant formula is increasingly using soy protein isolates. Additionally, they are employed to improve the protein content of meat-based systems, functional foods, weaning foods, and dairy substitutes. Soy protein isolate has a number of health advantages for people with obesity-related conditions such inflammation and liver damage. Functional foods, however, continue to account for growing applications. In terms of application, the functional foods market will control more than 65% of the whole market in 2021, predicts FMI.

The market for soy protein isolate is predicted to develop significantly due to the rise in obesity and the link between fatty liver disease and serious illnesses like cardiovascular disease. Consumers are turning veggie in greater numbers. This is the result of increased concern for animal welfare.

These are high-quality goods that are well-designed and employed in milk drinks because of their excellent dispersibility. On the worldwide soy protein market, soy protein isolates are the second-largest product category. Low-fat content, bland flavour, and ease of digestion are further benefits of employing soy protein isolates.

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Key Takeaways from Soy Protein Isolate Market Study

  • Soy protein isolate market is expected to register a little below 5% Y-o-Y growth in 2021
  • According to FMI, the U.S. is expected to hold more than 88.8% of share in North America in the year 2021
  • Exhibiting over 4% Y-o-Y growth, the U.K. will remain a key market in Europe
  • Growth in Germany and France is expected to be supported by higher focus on health and wellness
  • The rising demand for plant-based alternatives will fuel demand in China, Japan, and South Korea

“Manufactures are increasingly investing in research and development activities to offer better quality products to consumers. This also resulted in a flurry of product launches in the last few years, which is expected to remain a chief driver of the market” said a lead analyst at FMI

Who is Winning?

For manufacturers of soy protein isolate, emerging nations provide a rare opportunity. For instance, China’s thriving food industry and preference for plant-based foods have drawn some of the top market players. In addition, FMI notices a substantial emphasis on product launches and strategic alliances among market participants.

For instance:

  • In 2017, DuPont launched SUPRO XT 55, an isolated soy protein in protein beverages. This enhanced the company’s product portfolio.
  • In 2019, the Scoular Company and Rogers grains join forces in Ohio specialty corn and soybeans business.
  • In 2019 Cargill entered into a partnership with the Iowa Soybean Association, and Quantified Ventures to advance agricultural conservation in Iowa, the United States.
  • In 2019, Cargill signed a joint venture agreement with Archer Daniels Midland Company,

Some of the key players operating in the soy protein isolate market are, Archer Daniel Midland, The Scoular Company, Kerry, Burcon, Farbest, Cargill Inc., Scoular, Batory Food, CHS Inc., Crown Soya Protein Group E.I., Fuji Oil Holdings Inc., Dupont De Numerous Company, Food Chem International, Nutra Food Ingredients LLC, Osage Food Products, and And other players.

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Soy protein Isolate Market by Category

Based on Form, the global Soy Protein Isolate market can be segmented as:

  •  Dry
  • Liquid

Based on Application, the global Soy Protein Isolate market can be segmented as:

  • Functional foods
  • Bakery & confectionary
  • Other Applications

Based on function, the global Soy Protein Isolate market can be segmented as:

  • Nutrients
  • Emulsifier
  • Fat & water absorption
  • Texturants
  • Other Functions

Table of Content

1. Market Overview

1.1. Market Coverage / Taxonomy

1.2. Market Definition / Scope / Limitations

2. Market Background

2.1. Macro-Economic Factors

2.2. Forecast Factors – Relevance & Impact

2.3. Market Dynamics

3. Value Chain Analysis

3.1. Raw Material Suppliers

3.2. Product Manufacturers

3.3. Distributors/Suppliers/Wholesalers

4. Consumers Survey Analysis

4.1. Consumer Sentiment Analysis

4.2. Retailer Sentiment Analysis

4.3. Social Sentiment Analysis

5. Global Soy Protein Isolates Market Demand Analysis 2016-2020 and Forecast, 2021-2031

to be continued…!

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

About 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

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Insoluble Dietary Fibre Market Competitive landscape, Segmentation, Manufacturers and Forecast Till 2032

The consumer market for insoluble dietary fiber is presently estimated to be worth USD 2,200 million and is predicted to grow at a 9.2 percent CAGR to USD 2.66 billion by 2022.

Excessive demand of functional foods, increased consumer understanding via public health programs, and an increase in customer health concerns are driving this market. Market expansion has been aided by public health programs that raise public awareness of the capabilities of functional foods with high insoluble fiber to reduce the risk of major ailments such as cancer, cardiovascular disease (CVD) and osteoporosis.

Obesity, cholesterol, diabetes, and diverticular disorders are all on the rise, and increasing consumption of dietary fibers may help to alleviate these conditions. Furthermore, government schemes have teamed with research to increase consumer awareness of the type and quantity of food to be taken, as well as its benefits. The Food and Nutrition Board (FNB), for instance, has set nutritional standards based on sex and age in order to sustain appropriate nutrition in the body throughout.

Key Takeaways:

  • Cereals and Grains are among the most important segments in the insoluble fibre industry, with a market worth of around USD 600 million in the year 2017 and a CAGR of 6.2 percent predicted to reach a massive value of USD 1,000 million by  the year 2025.
  • Due to its food choices and lifestyle, the United States has a dominant market share for insoluble fibres. With a total market valuation of USD 543.4 million, the United States holds around 65 percent of the market share in the North American zone.
  • With a total market worth of USD 140.8 million, China has a 32 percent market share in the Asia Pacific area and leads in terms of market share.
  • Lignin, an insoluble dietary fibre, is extensively utilised in packaged foods because it is easy to incorporate into food products and has a high metabolic rates. It is also known to slow down the oxidative degradation in a variety of meals, including as baked goods.

“ The insoluble dietary fiber has great potential as supplement in functional food, as it has numerious health benefits and aids in keeping the digestive tract healthy. Consumers are demanding products that are natural and have health benefits as there is an increase in health awareness. This market segment is expected to have a promising growth in a decade owing to the driving factors.” says a lead analyst at Future Market Insights.

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Competitive Landscape:

The Insoluble dietary fiber market is expected to have a stagerring growth. Companies are investing in research and development in order to make superior product whch suits consumers requirements. Infusing dietry fiber into food product is a complex process and companies are doing it to add value to the product. The shift in the preference of food products that are healthy and have disease curing properties are in high demand. Also easy availability of raw materials and cheap price will boost the demand to a new level.

Cereals and grains are a popular choice in people’ diets owing to the easy availability and inexpensive cost. Grains such as rice, oats, and wheat are high in insoluble fibre and are utilised as a major staple ingredient throughout many households because of their low cost, widespread accessibility, and health advantages. Oats are thought to be quite beneficial in terms of cholesterol control and weight loss, as well as providing the daily fibre need.

Consumers are becoming more health-conscious these days. The market for functional foods or foods with added fibre has soared high. Customers are more receptive to natural cures since they are aware of the negative consequences of pharmaceuticals and medicines. Because it is a natural product, insoluble intestinal fibre can provide many health benefits without causing negative effects. Insoluble fibre is being used by manufacturers to connect their products with customers’ preferences.

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Explore More Valuable Insights

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

By Product Type:

  • Hemicellulose
  • Cellulose
  • Resistant Starch
  • Lignin
  • Chitosan & Chitin
  • Bran
  • Others

By Source:

  • Vegetables
  • Legumes
  • Grains & Cereals
  • Others
  • Fruits
    • Citrus Fruits
    • Exotic Fruits
  •  Others

By Application:

  • Dietary Supplements & Pharmaceuticals
  • Beverages & Functional Food
  • Pet Food
  • Others

Region:

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

The report covers exhaustive analysis on:

  • How much is the Insoluble Dietary Fiber market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Insoluble Dietary Fiber sales?
  • 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 Insoluble Dietary Fiber?
  • Who are the major players in the Insoluble Dietary Fiber Market?
  • What outlook does APAC provide?
  • At what rate will the U.S. Insoluble Dietary Fiber market grow?
  • At what level does the report reflect pricing analysis?

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

About 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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Feed Enzymes Market Trend Shows a Rapid Growth Competitive Analysis Future Prospects and Forecast 2032

The global feed enzymes market size is estimated to account for USD 1.8 billion in 2022 and is projected to reach USD 2.3 billion by 2032, recording a CAGR of 8.1% during the forecast period. Growing popularity of enzymes as ideal feed additives for promoting animal growth, enhancing digestion and increasing immunity is a major factor behind the expansion of feed enzymes market.

Manufacturers are introducing advanced feed enzymes to cut down on expenses and improve feed-stuff utilization. This would remain another strong factor assisting the growth of feed enzymes market in the near future.

Key Takeaways – Feed Enzymes Market Study

  • The feed enzymes market will be prominently driven by high demand for carbohydrase-based feed enzymes in the foreseeable future. However, protease-based feed enzymes are set to witness maximum growth opportunities.
    • In 2016, Kemin Industries, Inc. introduced a unique solution of carbohydrases named KEMZYME, to enhance the use of complex feed matrix.
    • In 2017, DuPont Industrial Biosciences, launched DuPont Axtra PRO, a single protease feed enzyme in Latin America. Axtra PRO aims at improving protein digestibility in animal and saves producers cost without compromising on performance or animal health.
  • The most commonly used feed enzymes in the poultry industry are phytase and carbohydrase, as they target phytic acid complexes in plant ingredients and remove the viscous fiber in cereals.
  • Feed enzymes are gaining significant traction in poultry, as they help in effective utilization of raw materials and reduce feed cost. Besides, the demand will be higher for aquatic animals, attributing to increasing fisheries and farming practices, and rising awareness concerning sustainable and responsible fish farming.
  • Recent introductions in the feed enzymes market are based on maize-soy complexes.

Players operating in the feed enzymes market must focus on the development of species-specific feed enzymes benefiting animals at all life-stages and reducing risk of diseases. Manufacturers may benefit from introducing cost-effective products in emerging economies, which are primarily agrarian.

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Demand for Sustainability to Create Lucrative Opportunities for Manufacturers of Feed Enzymes

Key players operating in the feed enzymes market strive to deliver high quality additives and ingredients for animal feed to ensure healthier animals with improved efficiency and productivity. Manufacturers are thus producing animal-specific enzymatic solutions to provide effective solutions.

  • In 2019, BASF SE, launched Natuphos E, a next generation phytase for the feed industry in Indonesia. Natuphos E provides overall stability – in premix, and during the harsh pelleting process, in addition to an 18-month shelf life stability. With this new product launch, the company aims to improve nutrient utilisation in poultry. This new feed enzyme also reduces phosphorus emissions from livestock.
  • In 2018, Archer-Daniels-Midland Co, expanded its specialty feed additives portfolio, which included fiber-degrading feed enzyme for use in swine and poultry diets. The company aims to improve the animal performance while minimizing cost.
  • In 2018, DSM and Novozymes launched the world’s first feed enzyme to increase gut functionality for broiler chicken. This feed enzyme targets at faster feed intake in broilers, reducing the feed required, and aiding sustainable production.

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Feed Enzymes Market Segmentation

By Form:

  • Dry
  • Liquid

By Product:

  • Phytase
  • Carbohydrase
  • Protease

By Animal:

  • Poultry
  • Ruminants
  • Swine
  • Aquatic Animals
  • Others (Equine & Pets)

The report covers exhaustive analysis on:

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

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

About 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

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Shrimp Market Is Thriving With Rising Latest Trends 2031| FMI

Increasing focus on maintaining good health especially as the world is witnessing various pandemic and epidemic outbreak has been increasing seafood consumption. Against this backdrop Future Market Insights (FMI), presents a positive outlook for the shrimps market. According to the report, the shrimps market is slated to register a CAGR of 6.7% between 2021 and 2031.

Shrimps being a very good source of protein,are increasingly included in food, pharmaceutical, cosmetics, and various industrial products. Consumers have become extremely health conscious owing to the increasing prevalence of various ailments and have become more willing to spend on sea food such as shrimps.

Shrimps have various properties that help in preventing and controlling cholesterol, obesity, heart attacks, and other health conditions. Increasing awareness regarding this is expected to result in high demand for shrimps in the coming years.

Skin care products containing ingredients derived from shrimps are proven to be very beneficial in skin tightening and skin rejuvenation as shrimp contains collagen which is very much needed for tissue repair. Skin cells can be renewed with regular intake of collagen. The upper layer of skin called as epidermis is the most delicate part of the skin.

Consumption of shrimp in form either as a part of their regular diet or in the form of dietary supplements also offers various health benefits. According to the report, the food sector is expected to account for nearly70% of sales in the market through the forecast period.

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Key Takeaways from the Shrimp Market Study

  • Despite restrictions amid pandemic, shrimps market is forecast to exhibit a little below 6% y-o-y growth in 2021
  • Increasing shrimp consumption will enable the U.S. account for over 80% sales in North America
  • The U.K. will continue dominating the Europe market, exhibiting 8.6% y-o-y growth in 2021
  • Seafood consumption is considerably high in Germany and France, catapulting them as lucrative markets for shrimps within Europe
  • China is the largest producer of shrimps and will continue dominating the East Asia market

“Increasing demand for food products with high nutritive value will drive shrimps sales. The market players are likely to focus on strategic collaborations to explore opportunities across untapped markets,” said a lead analyst at FMI

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Increasing Use of Shrimp in Cosmetics and Pharmaceutical Segments

Medical advantages of shrimpscan improve bone density, mind wellbeing, weight control, and reduce the risk of cardiovascular illnesses. Ingredients derived from shrimps are used in various skin care brands, aimed at offering good skin and anti-aging properties.

Shrimps contain a carotenoid called astaxanthin, which has amazing cell reinforcement properties that can incredibly lessen the indications of skin aging caused due to sun damage. Increasing use in cosmetics and pharmaceutical products will aid the overall expansion of the market.

Who is winning?

Some of the leading players operating in the shrimps marketare Vinnbio India Pvt. Ltd,  Charoen Pokphand Food PCL, Pescanova S.A, Galveston Shrimp Company, Gulf Shrimp Company, Seajoy Group, Dom International Limited Thai Union Frozen Products PLC,Marine Harvest ASA, Baton Rouge Shrimp Company, Inc., Labrador Fishermen’s Union Shrimp Company Ltd., ,The Clover Leaf Seafoods Family Ristic GmbHOmarsa S.A, MSeafood Corp Carribbean Ananda Group, Nippon Suisan Kaisha, Ltd.,Shrimp Company Limited, Artisanfish LLC,  Orchid Marine and others.

Companies operating in the market are focusing on M&A, collaborations, and strategic alliances to increase market penetration and production capacity.

Get Valuable Insights into Shrimp Market

Shrimp Market by Category

Species

  • Gulf Shrimps
  • Farmed Whiteleg Shrimps
  • Banded Coral Shrimps
  • Royal Red Shrimp
  • Giant Tiger Shrimps
  • Blue Shrimps
  • Ocean Shrimps

Source

  • Organic
  • Conventional

Form

  • Canned
  • Breaded
  • Peeled
  • Cooked & Peeled
  • Shell-On
  • Frozen

Sales Channel

  • Direct
  • Indirect
    • Modern Trade
    • Convenience Stores
    • Specialty Food Stores
    • Wholesale Stores
    • Discount Stores
    • Online Retail
    • Other Retail Formats

Application

  • Food
  • Pharmaceutical
  • Cosmetics
  • Industrial
  • Biotechnology

Region

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

The report covers exhaustive analysis on:

  • Which is the most lucrative market for Shrimps?
  • Which is the top-selling type of shrimp?
  • Which is key application of shrimps?
  • Which are some of the leading companies offering Shrimp?

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog!

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

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