Avocado Oil Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2029

As per the latest research report by Future Market Insights (FMI), global demand for avocado oil is estimated to witness growth at a Y-O-Y of over 4% in 2019. This growth can be ascribed to a cohort of factors, ranging from changing lifestyles to rising gravitation toward health & well-being. As per the report, ever-evolving dietary preferences aligned with the health & wellness trend is foreseen to boost growth of avocado oil.

According to the report, avocado oil mixed with other natural edible oils, such as almond oil, olive oil, and others, is a pervasive trend shaping market growth. Manufacturers are vying to offer such innovative blends of avocado oil with other edible oil types in a bid to capitalize on the growing demand for ‘better-than-the rest’ offerings.

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Rising Demand for ‘Natural’ & ‘Healthy’ to Propel Sales of Avocado Oil

Rising instances of heart problems and other chronic diseases is inducing a move-away from fatty oils, creating sustained opportunities for manufacturers of the avocado oil market. Incessant demand for natural and healthy oils is strengthening the demand for edible oils, with avocado oil being one of the most popular varieties.

Moreover, rising demand for physical and cognitive well-being among the consumers is one of the major drivers for the increase in the demand for avocado oil. Modern consumers are considering multiple factors while purchasing products such as oil, with health benefits being the utmost priority. These particulars provide credence to optimistic growth of avocado oil market over the forecast period, unveils the report.

As per the report, consumers prefer products that are naturally derived and have a rich nutritional profile. In line with the aforementioned, avocado oil fits the bill as an excellent option well-aligned with consumer requirements. Avocado oil has a high smoke point as compared to that of other alternatives, which makes it a suitable choice for cooking at high temperatures.

Avocado oil obtained without the excessive use of solvents or heat contains an antioxidant, lutein, which is associated with reduced risk of age-related macular degeneration and helps to improve the vision. This, in turn, boosts its visibility as a natural & healthy ingredient for use in personal care & skin care products, propelling the growth of avocado oil market.

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Surging Demand for Clean-Label Products to Exert Positive Impact on Avocado Oil Market Growth

The demand for clean label products is anticipated to work in favor for the key stakeholders of the avocado oil market. Moreover, consumers are showing strong interest in products infused with simple and natural ingredients, thereby fuelling adoption of avocado oil in various end-user verticals.

According to the report, Europe is anticipated to register impressive growth rate between 2019 and 2029, and Latin America, which owns a major share in the avocado oil market, is anticipated to retain its lucrativeness over the forecast period. As per the report estimates, Latin America and Europe will continue to be the most-attractive regions in the avocado oil market in terms of revenue-generating opportunities.

Some of the key avocado oil market players are Spectrum Organics Products, LLC, Sesajal S.A de C.V., Crofts Ltd, Tron Hermanos, Cibaria International, S.A. de C.V., The Village Press, Aconcagua Oil & Extract SA, Westfalia Fruit (Pty) Ltd, Avocado Health Limited, and CalPure Foods, Inc. amongst others. Manufacturers in the avocado oil market are focusing on strategic transactions, including mergers and acquisitions, to tap into new customer segments and enhance their profitability.

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Avocado Oil Market – Key Research Findings

  1. Estimated value for global avocado oil market value in 2019 – US$ 906.8 Mn
  2. The avocado oil market will exhibit growth at over 5% CAGR over 2019-2029
  3. Rising demand for sophisticated culinary experiences is pushing use of a variety of edible oils, including avocado oil.
  4. Declining demand for fatty oils owing to potential health hazards is fostering popularity of healthy oils, thereby favoring avocado oil sales.
  5. Hass variety will continue to be the top-selling variety of avocado oil
    • Among all other varieties, Hass stands out as a commonly-grown avocado type across the globe. Cold-pressed avocado oil extracted from the ‘Hass’ type is in high demand on account of its organoleptic properties.
  6. Latin America continues to be the most lucrative region for avocado oil market, followed by North America
    • Avocado b-products are extremely popular across the key countries of Latin America, on account of their high levels of vitamin K and potassium. The Latin American avocado oil is likely to benefit from exponential demand from multiple industrial units, such as food & beverages and personal care.
  7. Increasing preference for nutrition-rich diet and rapid transition toward healthy lifestyles complements avocado oil sales.

Frequently Asked Questions

  • What is the Growth Outlook for the Avocado Oil Market?
  • Which Region Leads the Avocado Oil Market?
  • How much Growth Potential does the Avocado Oil Market hold?
  • Which sector is the key end user in the Avocado Oil Market?

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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.

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Fresh Figs Market Growth, Future Prospects And Competitive Analysis 2022 to 2032

Fresh figs are the fruits of fig tree that only produce fruit once a year. Figs are native to the Mediterranean region, although they are currently farmed all over the world. The fresh figs market is valued at nearly US$ 1.4 Bn in 2022. The market is likely to grow at a CAGR of 5.3% through 2032 with a projection value of US$ 2.3 Bn.

Fresh figs are the nuts of fig trees and bear fruit only once a year. Fig is currently cultivated all over the world, but it grows naturally in the Mediterranean region.

Both fresh figs and processed fig-based products are used by manufacturers for incorporation into a variety of foods and beverages. Recently, the increasing availability of fresh organic figs has also boosted demand in developed countries.

Today, lifestyles are becoming tenser and tenser, and the prevalence of serious illnesses is very high. This has led to increased adoption of healthy diets and increased consumption of functional foods at the recommended daily intake (RDA). The health benefits of consuming fresh figs have led to their inclusion in a variety of foods and beverages, both in the home and in the processing industry. As people become more aware of the health benefits associated with them, the demand for fresh figs from the home is also increasing. In addition, growing health concerns have led consumers to look to external supplements to get the nutrients they need. This has increased the demand for functional, health-based foods such as protein bars and protein shakes, as well as the demand for fresh figs from these industries.

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Key Takeaways from Market Study

  • In 2022, the Middle East and Africa region is the largest market for fresh figs market and holds 71.2% of the market share.
  • Greece, Italy, and France are among the top 3 countries for fresh figs in Europe, collectively accounting for nearly 50% of sales.
  • As fresh figs grow only once a year in a particular season, any adverse climatic conditions could negatively affect the cultivation of this fruit, and can also affect its quality.
  • Turkey, situated in the Mediterranean region, is one of the leading fig-producing countries in the world.
  • Organic fresh figs have a higher value in the global market as compared to conventional fresh figs.

“ Tensed lives and incoming new and deadly diseases every other day has led to increased adoption of healthy diets and increased consumption of functional food with the recommended dietary allowance (RDA) which has led to increasing in demand of fresh figs ingredients common in RDA ultimately leading to the growth of fresh figs market,” says a lead analyst at Future Market Insights.

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Who is Winning?

Many CEOs re-checked their company’s portfolios and re-figured their strategy in 2020 and 2021 due to the global upheaval generated by COVID-19. Companies have worked on strategies such as marketing and packaging, adopted labels trends, and taken various steps to promote the product in different markets along with reaching new geographies.

Some of the leading companies offering fresh figs are Hadley Fruit Orchards, Inc., Roland Foods LLC, Meurens Natural S.A., FruitLips, Jiaherb, Inc., Athos Agricola S.A., Earl’s Organic Produce, Alara Agri, Isik Tarim A.S., Valley Fig Growers, Inc., Kirlioglu Figs, Yabanfood, National Raisin Company, Torres Tropical Fresh B.V.

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Fresh Figs Market: Segmentation

Analysis by Nature

  • Organic
  • Conventional

Analysis by Variety

  • Smyrna Figs
  • Black Figs
  • Sari Lop Figs
  • Mission Figs
  • Kadota Figs
  • Others

Analysis by Sales Channel

  • Modern Trade
  • Specialty Stores
  • e-Retailers
  • Grocery Stores
  • Wholesale Stores
  • Industrial
  • Foodservice/HoReCa

Analysis by Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • Rest of Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

  • What is the growth rate of the Fresh Figs Market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global Fresh Figs market?
  • What are the major regional markets for Fresh Figs?
  • Which region consumes the highest amount of Fresh Figs?
  • What are the most common variety of Fresh Figs in the market?
  • What are the market’s major application segments?
  • What are the Key companies operating in the market?

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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.

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Fusion Beverages Market 2022: Industry Future Set to Massive Growth with High CAGR value

The global fusion beverage market size is estimated to be USD 6.6 Bn in the year 2022 that is expected to grow at a CAGR of 6.0% to reach USD 11.5 Bn by the year 2032.

Manufacturers in the fusion beverage business are striving for more sustainable and environmentally friendly packaging options that are not only beneficial for the environment but also profitable.

While keeping a healthy lifestyle, the new-age client wants to sample new flavors in their foods and beverages. In this context, fusion beverages have cleverly carved out niches on consumer wish lists, and the growing hunger for functional beverages will increase their use in the coming years. To keep up with changing market trends, fusion beverage companies will be under pressure to develop a culture of continuous innovation. People now have easy access to fusion beverages thanks to an unprecedented increase in the number of convenience stores, malls, supermarkets, and hypermarkets which will assist the growth of the fusion beverage market.

Key takeaways:

  • The fusion beverage market in Europe and North America has a lot of potentials since they are expected to account for about 51% of the market by 2022.
  • Fusion beverages are projected to discover new prospects in 2022 and beyond as consumers demand beverages that provide ‘multi-sensory’ experiences which fusion beverages fulfill.
  • Manufacturers are developing product concepts that include nectars, juices, smoothies, and fruit splashes, which not only impress customers with their naturally fresh flavor but also inspire healthy and innovative product positioning.
  • Due to Covid’s travel restrictions, online markets have made fusion market products increasingly accessible. Pubs and bars are becoming more popular as the young population becomes more interested in nightlife. Because fusion drinks are a key product provided in these establishments, the industry appears to be highly promising in the future.

“Various trends like hyped online market after covid, Healthy lifestyle, demand for tasty and flavorful experience in the beverage and increasing trend for sports and fitness can prove to be major driving factors for the growing fusion beverage market,” says a lead analyst at Future Market Insights.

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Competitive landscape:

The fusion beverage market is expected to have promising growth attributed to the rising demand in youth and increase in demand for healthy beverage alternative that provides a taste experience to consumers. Companies opting for sustainable practices and research to improve the quality and taste of fusion beverage is estimated to give a significant boost to the growth of this segment.

  • BIOTA, for example, employs biodegradable bottles that are both environmentally beneficial and biodegradable. Coca-cola is also committed to environmental stewardship, recycling or refilling around 60% of its packaging.
  • Low sugar/no sugar fusion beverages such as Coke No Sugar, Reed’s Zero Sugar Real Ginger Ale, Bubly Sparkling Water (Cherry), and Zevia Zero Calorie Soda Cola are among the many low sugar/no sugar fusion beverages that allow for a sugar reduction of up to 100%, giving the fusion beverage market a boost.

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Future Market Insights, in its new offering, provides an unbiased analysis of the truffles presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.

Fusion Beverage Market Segmentation

By Product Type :

  • Fused coffee and tea
  • Carbonated Drinks
  • Fusion alcoholic Beverage
  • Fruit Juice
  • Energy and Sports Drinks
  • Others

By Distribution Channel :

  • Off-Trade
    • Grocers
    • Hypermarkets
    • Discounters
    • Online stores
    • Highly specialized retailers
    • Alcohol, confectionery and Off-license stores
    • Supermarkets
    • Petrol stations
  • On-Trade
    • Bars, Pubs and cafeterias
    • Restaurants
    • Hotels and resorts
    • Temporary retail points, mass events
    • Clubs, discos

By Regions :

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

Frequently Asked Questions

  • How much is the fusion beverages market currently worth?
  • At what CAGR is the market expected to grow?
  • What are the key trends boosting fusion beverage sales?
  • How are market players reacting to the new developments in the market?
  • How many shares do the top 5 companies hold?
  • Which are the major countries driving demand for fusion beverages?
  • Who are the major players in the fusion beverage consumer Market?
  • At what rate will the U.S. fusion beverage consumer market grow?

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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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Food Flavour Enhancer Market Is Thriving With Rising Latest Trends 2022 – 2032

According to a new study by FMI, sales of food flavour enhancer are expected to reach ~US$ 7.4 Bn in 2022 and grow at a CAGR of 6.8% during the forecast period (2022-2032) with rising consumer demand for processed food products, the demand for food flavour enhancers will further grow in the coming years. Consumers are voicing the need for taste to complement nutrients, and food manufacturers are hunting ingredients that can maintain their production costs under a limit.

Eventually, this is expected to bode well for manufacturers in the food flavour enhancers, and the market is expected to grow at a CAGR of ~7% between 2022 and 2032, opines FMI.

The FMI study finds that the availability of food flavour enhancers that assure the reduction of salt in these products is increasing, and the rise in demand is mainly attributed to their adoption as a cost-effective alternative for conventional food flavour enhancing ingredients.

Even though clean-label food flavour enhancers are priced more, but a mere sprinkle will bring the required results. The cost of commodities such as salt and sugar is cut out when a food flavour enhancer is added to a food product. Thus, food flavour enhancers are being adopted extensively by stakeholders in the food industry, especially foodservice operators.

Also, many government regulations have been formulated to reduce the amount of salt in food products due to its adverse effects on the health of humans that consume this in excess, thus driving the food flavour enhancer market. South Africa implemented a legislation in 2013, making salt reduction mandatory, with initial reductions coming into force in 2016, and further reductions enforced in 2018. This, in turn, will bolster sales of food flavour enhancers in the coming years.

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Increased Consumption of Processed Food Driving Food Flavour Enhancer Market

Changing lifestyles and increasing disposable incomes have led to changing consumer preferences, resulting in an increase in the consumption of processed food products. The increasing consumption of these food products has resulted in the growing use of food flavour enhancers.

Food processing companies are expanding their production areas to cater the demand from consumers. This has, in turn, increased the demand for food flavour enhancers from food processing industries.

Consumer demands such as taste along with economic prices have also increased the demand for these food flavour enhancers, not only in the food processing industry but also in the foodservice industry. For example, the increased consumption of packaged foods and beverages is driving the growth of the food flavour enhancer market in China.

Consumption of monosodium glutamate (MSG), which is the most popular type of food flavour enhancer, is the highest in China on a global scale, with 55% of MSG being consumed in the country.

However, health concerns among consumers around the world backtracked the food flavour enhancer market for a short while. Nevertheless, an increase in the alternatives for synthetic food flavour enhancers to cater the demand for clean-label products from consumers resulted in food flavour enhancers gaining acceptance, globally.

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‘MSG Symptom Complex’ Affecting the Worldwide Popularity

The sales of food flavour enhancers were affected few years back, especially in developed regions such as North America and Europe, due to a condition called the MSG symptom complex, which was previously referred as Chinese Restaurant-Syndrome. This was due to few incidents with people in the U.S. that consumed food in Chinese restaurants suffering from symptoms such as rashes, itchiness, flushing, etc.

This resulted in a backlash regarding food flavour enhancers, especially, the one that is most commonly used in these restaurants, which is monosodium glutamate. Even if it was proven otherwise by government testing laboratories, food flavour enhancers gained negative publicity. Therefore, manufacturers of food flavour enhancers have come up with a range of clean-label products that can be used in food products and termed as ‘organic compliant’.

This study by FMI offers insights into the food flavour enhancer market for the forecast period between 2022 and 2032. The food flavour enhancer market is projected to record a CAGR of ~7% during the forecast period.

Key Segment

By Form :

  • Powder
  • Liquid

By Product Type :

  • Glutamates
  • Hydrolyzed Vegetable Protein
  • Yeast Extract
  • Others (Meat Extract, Plant Extract)

By Source :

  • Plant-based
  • Yeast
  • Seaweed
  • Synthetic

By End Use :

  • Soups and Sauces
  • Meat and Seafood
  • Ready Meals/Prepared Foods
  • Dairy Products
  • Snacks, Savouries and Seasonings
  • Beverages
  • Bakery and Confectionery
  • Foodservice/HoReCa
  • Household/Retail
  • Others

By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • Southeast Asia & Rest of APAC
  • MEA

Frequently Asked Questions

  • What is the growth rate of the Food Flavour Enhancer Market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global Food Flavour Enhancer market?
  • What are the major regional markets for Food Flavour Enhancer?
  • Which region consumes the highest amount of Food Flavour Enhancer?
  • What are the most common types of Food Flavour Enhancer in the market?
  • What are the market’s major application segments?
  • What are the Key companies operating in the market?

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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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Phosphatidylserine Market 2022 is Booming Worldwide in terms of Share, Growth Size, Key Segments and Forecast to 2032

The phosphatidylserine market is expected to grow more into North America and European regions due to increasing demands for functional foods and dietary supplements. According to Future Market Insights, the phosphatidylserine market stands at a market value of USD 169.5 Mn in 2022 and is expected to grow at a CAGR of 5.1% to USD 232.5 Mn by 2032.

Phosphatidylserine Market Size Value in 2022 USD ~169.5 Mn
Phosphatidylserine Market Forecast Value in 2032 USD ~232.5  Mn
Global Growth Rate (2022 to 2032) ~5.1% CAGR
Forecast Period 2022-2032

The expansion of the phosphatidylserine market is being hampered by a very complex production process and restricted utilisation. However, as people become more health-conscious, eating healthy is becoming more popular in Western countries like the United States, Canada, the United Kingdom, Germany, and others. To stay fit and healthy, people use dietary supplements. Phosphatidylserine supplements have a number of health advantages.

Furthermore, to appeal to health-conscious consumers, leading players in the phosphatidylserine supplement market are producing products that are gluten-free, salt-free, sugar-free, starch-free, and fish-free, among other things. Over the projected period of 2022-2032, the phosphatidylserine market is expected to grow at a healthy rate.

The GRAS certification provided by the US Food and Drug Administration is one of the supportive factors for the increased use of phosphatidylserine in dietary supplements as well as expanded employment of phosphatidylserine in other industries. Manufacturers have been urged to include phosphatidylserine into new goods as a result of the funding.

In addition, the FDA authorized phosphatidylserine’s health claim for improving memory and cognitive impairment in 2003. Phosphatidylserine has been introduced into medicinal foods as a result of this permission, particularly for memory-related diseases like Alzheimer’s disease and dementia.

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Key Takeaways from Market Study

  • A large portion of dietary supplement users in the United States take supplements for health and wellbeing reasons. In the worldwide phosphatidylserine market, the dietary supplements sub-segment is estimated to account for a significant portion of the end use segment.
  • Phosphatidylserine is now used in a minor amount in the cosmetics business, although this is projected to change due to rising research and development spending. The US Food and Drug Administration’s approval and grant are functioning as a stimulus for the worldwide phosphatidylserine market.
  • In terms of end use, the Functional Foods segment dominated in 2019. This is due to factors such as an increase in major companies’ investment, an increase in people’s health consciousness, an increase in the demand for phosphatidylserine in functional foods, an increase in people’s disposable income, and an increase in healthier product launches based on customer needs.

“Phosphatidylserine is thought to play a crucial role in the treatment of brain illnesses because it is vital overall good brain health. Phosphatidylserine producers are coming out with more creative products based on its many health benefits, which have a variety of applications in the pharmaceutical business and nutritional supplements.” says a Future Market Insights analyst.

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Competitive Landscape

Players in the Phosphatidylserine Market use a variety of methods, including product launches, mergers and acquisitions, joint ventures, and geographic expansion. These manufacturers also participate in various exhibitions and events across the globe to increase the awareness of their products.

  • PS-PA Synergy is a patented phosphatidylserine and phosphatidic acid compound that Jarrow Formulas Inc launched in 2015 to boost the stress response under psychological situations.
  • Lipogen Products Ltd and Xenesta signed a marketing agreement in 2016 for Lipogen PSPA, a high-quality, vegan-friendly blend of phosphatidylserine and phosphatidic acid.

Some of the leading companies offering phosphatidylserine are Lonza AG, Enzymotec Ltd, Lipogen Products Ltd., Doosan Corporation, Novastell, Nagase ChemteX Corporation, Bontac Bio-engineering (Shenzhen) Co. Ltd., ECA Healthcare, Inc., Lipoid GmbH, and Chemi Nutra LLC.

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Future Market Insights, in its new offering, provides an unbiased analysis of the phosphatidylserine market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Global Phosphatidylserine Market: Segmentation

By Form:

  • Powder
  • Liquid

By End Use:

  • Functional Foods
  • Dietary Supplements & Nutraceuticals
  • Cosmetics & Personal Care

By Grade:

  • Food Grade
  • Pharmaceutical Grade

By Nature:

  • Organic
  • Conventional

By Source:

  • Plant Source
    • Soybean
    • Sunflower
    • Others (Cabbage etc.)
  • Animal-derived

By Region:

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

Frequently Asked Questions

  • What is the growth rate of the phosphatidylserine market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global phosphatidylserine market?
  • What are the major regional markets for phosphatidylserine?
  • Which region consumes the highest amount of phosphatidylserine?
  • What are the most common types of phosphatidylserine in the market?
  • What are the market’s major end use segments?
  • What are the Key companies operating in the market?

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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

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Collagen Casings Market 2022-2032 Research Covers, Future Trends and Opportunities, Past, Present Data, and Deep Analysis by Future Market Insights, Inc.

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, The collagen casing market was worth USD 1,683.5 million in 2022 and is predicted to increase to USD 2,827.5 million by 2032, with a CAGR of 5.6 percent between 2022 and 2032.

Collagen Casing Market Size Value in 2022 USD ~1,683.5 Mn
Collagen Casing Market Forecast Value in 2032 USD ~2,827.5  Mn
Global Growth Rate (2022 to 2032) ~5.6% CAGR
Forecast Period 2022-2032

Collagen casings for sausage production offer a number of cost-cutting benefits, primarily because they are easier and more consistent to work with than gut. In the recent decade, the use of collagen casings in sausage preparation has expanded dramatically. Foodservice operators are becoming increasingly interested in collagen casings.

Natural casings are being phased out in favour of collagen casings due to their ease of use, constant size, and the fact that they can be utilised on high-speed equipment and are less complicated. The transition from natural to collagen casings that has occurred in recent years is noteworthy.

The rise of the overall meat sector in various emerging and less-developed countries is one of the major factors expected to increase the collagen casings market globally. Demand from developing countries continues to drive up meat production. At least 60% of beef production today takes place in developing countries.

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Key Takeaways from Market Study

  • Europe had the greatest revenue share of the market in 2021. The population’s great desire for sausages is largely responsible for Europe’s domination. Consumers’ changing lifestyles in Europe have resulted in an increase in demand for healthy and nutritional products. Meat products that are easy to store and have a longer shelf life are preferred by consumers and retailers.
  • During the projected period, the Asia-Pacific region has promising growth potential for the collagen casing market. This is due to increased outside food consumption, rising meat and healthy product expenditures, growing westernization culture, and rising population and urbanization.
  • The offline segment is estimated to account for the largest share of the overall global collagen casings market in 2021. The large share of this market is mainly attributed to the growing number of modern groceries, mainly due to higher-quality food products offering, broader collection, and an improved shopping experience. However, the online distribution channel segment is expected to grow at the fastest CAGR during the forecast period.
  • Casings of small caliber are mainly used for fresh sausages and are deemed edible. Small caliber collagen casings account for more than half of the market and are predicted to remain strong during the projection period. Cooked sausages are made with large diameter collagen casings that are not edible.

“The current COVID-19 epidemic has had a significant impact on the collagen casings business. Due to the unexpected closing of national and international borders, the outbreak has reduced operational efficiency and disrupted value chains, resulting in revenue loss and harm. The supply of collagen casings has been harmed as a result of the value chain disruption, which has harmed the market’s growth.” says a Future Market Insights analyst.

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Competitive Landscape

Growing demand from emerging economies in Asia-Pacific, Latin America, the Middle East, and Africa should provide profitable prospects for market players. Product launches, mergers and acquisitions, joint partnerships, and R&D efforts are all common methods utilized by collagen casings industry participants.

  • For example, in 2019, Viscofan bought the casing collagen division from Nitta Gelatin Inc., a publicly-traded Japanese firm engaged in the production and sale of collagen products for the pharmaceuticals, food, and industrial sectors.

Some of the leading companies offering collagen casings are Viscofan, S.A., Devro PLC, Nippi, Inc., Shenguan Holdings (Group) Limited, Fibran, S.A., Fabryka Oslonek Bialkowych FABIOS S.A., LEM Products Inc., DeWied International (Oversea Casing Company, Llc), Nitta Casings, Inc., Weschenfelder Direct Limited, and Belkozin.

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Collagen Casings Market – By Product Type

  • Edible
  • Non-edible

Collagen Casings Market – By Caliber

  • Small
  • Large

Collagen Casings Market – By Application

  • Fresh Sausages
  • Cooked Sausages
  • Dry-Cured Sausages
  • Meat-based Snacks
  • Others (Pork Loin, etc.)

Collagen Casings Market – By End Use

  • Industrial Food Processing
  • Foodservice
  • Private Label
  • Butcheries and Meat Processors
  • Others

Collagen Casings Market – By Region

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

Frequently Asked Questions

  • What is the growth rate of the collagen casings market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global collagen casings market?
  • What are the major regional markets for collagen casings?
  • Which region consumes the highest amount of collagen casings?
  • What are the most common types of collagen casings in the market?
  • What are the market’s major application segments?
  • What are the Key companies operating in the market?

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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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Non-Dairy Creamer Market Analysis by Size, Rising Demand, Business Growth Factors and Revenue Strategies From 2021 to 2031

One of the key reasons behind the growing demand for non-dairy creamer is its longer shelf life. Non-dairy creamer is manufactured by using vegetable oils or plant-based milk, which is then packaged in the liquid form after concentrating it or spray-drying to get a powder form. Future Market Insights (FMI) in a new study has forecast the non-dairy creamer market to reach US$ 2.56 Bn by 2021. Near-term growth projection for the market remains positive, especially as consumers increasingly shift towards a healthy lifestyle.

The powdered form of non-dairy creamer has the highest shelf life, thus it has been witnessing high demand in the market. This long shelf life of the non-dairy creamer is positively affecting the purchasing choice of the consumers as well as retailer. Against this backdrop, FMI projects the segment comprising powdered non-dairy creamer to exhibit 6.4% CAGR through 2031.

Key Takeaways from Non-Dairy Creamer Market

  • The non-dairy creamer market will continue expanding at a positive pace. FMI has projected it to register 5.8% Y-o-Y growth in 2021
  • The demand from the U.S. will remain significantly high with the country accounting for over 66% of the non-dairy creamer market in North America in 2021
  • The U.K. too will emerge as a key market, registering 5% Y-o-Y growth in 2021
  • France and Germany will emerge as other attractive markets for non-dairy creamer in Europe
  • In East Asia, both Japan and South Korea will continue exhibiting high demand through the forecast period

“The demand for innovative food products with high nutritional value has been increasing in the global food and beverages market. Thus, non-dairy creamer manufacturers are therefore focusing on research and development to expand their range of product offering” said a lead analyst at FMI

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Technological Advancements in the Food and Beverages Industry Will Remain Key to Growth

In recent years there has been huge technological advancements in the food and beverages industry, which has changed the dynamics of the industry in terms of trends, technology, and new developments. Technology also brought huge changes in the non-creamer market. Few years back, non-dairy creamer was just a concept that could only be imagined. But due to the advent of advanced techniques such as hydrogenation and spray drying method it was possible to produce creamer without content of milk.

Moreover, when non-dairy creamer came out its production cost was much higher but in recent years the production cost of non-dairy creamer is also reduced with some technological advancements. Thus technological advancement also plays major role in growing demand of non-dairy creamers.

Who is winning?

In response to the growing demand for non-dairy creamer several major players in the dairy-creamer market are entered into the non-dairy creamer market. Moreover several major are focusing on mergers and acquisitions to expand their footprint and product port folio

  • In 2020, Starbucks launched its non-dairy creamer in US with its alliance with Nestle S.A. These non-dairy creamers are available in two flavors – hazelnut and caramel and are made from almond milk and oat milk.
  • In 2019, Natural Bliss expanded its product portfolio with introduction of new non-dairy creamers options.

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Non-Dairy Creamer Market By Category

Form

  • Powder
  • Liquid

Nature

  • Organic
  • Conventional

Flavour

  • Original/Unflavoured
  • French Vanilla
  • Chocolate
  • Coconut
  • Hazelnut
  • Other Flavours

Type

  • Original
  • Light
  • Fat-free

Base

  • Plant-based Milk
    • Almond
    • Coconut
    • Others (Soy, Hemp,  Cashew)
  • Vegetable Oil

End Use

  • HoReCa/Foodservice
  • Food and Beverage Processing
    • Food Premixes
    • Soups and Sauces
    • Beverage Mixes
      • Coffee Mixes
      • Tea Mixes
    • Bakery Products and Ice Creams
    • RTD Beverages
    • Infant Food
    • Prepared and Packaged Food
  • Household/Retail

Packaging

  • Retail
    • Sachets
    • Bags
    • Pouches
    • Canisters
    • Bottles
    • Plastic Jars
  • Bulk

Distribution Channel

  • Direct
  • Indirect
    • Hypermarkets/ Supermarkets
    • Modern Grocery Stores
    • Specialty Stores
    • Online Retail

Region

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

Frequently Asked Questions

  • Which is the most lucrative market for non-dairy creamer?
  • Which form of non-dairy creamer is more preferred?
  • Which non-dairy creamer nature is highly sought-after organic or conventional?
  • Which flavored non-dairy creamer is most in demand?
  • Which are some of the leading companies offering Non-dairy creamer?

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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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Powdered Soft Drinks Market Trends and Opportunities Report by Forecast to 2032

Powdered soft drinks market was estimated at USD 12.0 Bn in 2022 and is expected to expand at a CAGR of 3.0% to USD 16.2 Bn by 2032. The rise in a number of trekking, walking, travel events, and camping has resulted in the shoot up of demand for packaged refreshments, therefore, boosting the powdered soft drink market, globally.

Time spent creating nutritious, delicious, and enjoyable drinks is reduced due to busy schedules and exhausting lifestyles. As a result, packaged items like powdered soft drinks are becoming a popular choice among customers of all ages. One of the key factors driving the Powdered Soft Drinks Market is this.

Powdered soft drinks typically have a storage life of 1 to 3 years. Long expiration date not only aids in the preservation of powdered soft drinks for extended periods of time, but it also enables the transport and usage of powdered soft drinks at a later point, therefore the Powdered Soft Drinks Market is predicted to benefit from it.

The powdered soft drink supply chain has proven to be beneficial in terms of transportation infrastructure, which aid in the flow of concentrated commodities. Existing supply models have aided the powdered soft drink sector by allowing it to reach customers without difficulty.

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Key Takeaways from Market Study

  • Consumers in North America and Europe are becoming more health-conscious, and they are looking for simple drinking options to improve their health. As a result, demand for powdered soft drinks is growing slowly in these areas. Hot temperature areas in Latin America are expected to see consistent development in demand for powdered soft drinks.
  • Customers’ eagerness to try new products is causing numerous large firms in the Asia Pacific to expand production in this region, which is a crucial element in driving demand for powdered soft drinks higher.
  • Due to large market potential and a lack of competition in the Middle East and Africa, local and regional firms are growing their production, resulting in a minor increase in demand for these drinks.
  • Pouches and sachets packaging are gaining popularity because they provide manufacturers with several benefits, including packaging flexibility, the ability to showcase their environmental responsibility, and lower shipping costs due to less weight and the ability to fit a large quantity in the same space.

 “The industry has become very saturated as the main players debut fresh items and expand their powdered soft drink product portfolios. Powdered soft drinks are also seen as outdated and dull in other nations. As health consciousness spreads across Europe and North America, items such as plant-based and vegan beverages are gaining traction on store shelves, while traditional beverages such powdered soft drinks are seeing a backlash.” says a Future Market Insights analyst.

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Competitive Landscape

With food quality becoming more important to consumers, powdered soft drink makers, distributors, and other supply chain actors are investing in maintaining supply chain transparency and improving product traceability.

For example, to attract new customers, Insta Foods, global market leader in powdered soft drinks, established a new assembly line with its premium soda drink powder in 2017. To satisfy industry requirements, it is made with the highest quality raw materials and innovative procedures.

Some of the leading companies offering powdered soft drinks are Dr. Pepper Snapple Group, Inc., PepsiCo, Inc., Kraft Heinz, Mondelez, Inc., US Foods, Inc., Continental Mills, Inc., Arizona Beverage Company, National Beverage Corporation, Kerry Plc, Insta Foods, Sugam Products, Lasco Foods, Inc., The Sqwincher Corporation, and True Citrus.

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Future Market Insights, in its new offering, provides an unbiased analysis of the powdered soft drinks market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Analysis by Flavour:

  • Cola
  • Orange
  • Lemon
  • Mango
  • Apple
  • Berry
  • Mixed Fruit
  • Others

Analysis by End Use:

  • Institutional
  • Foodservice/HoReCa
  • Household (Retail)

Analysis by Sales Channel:

  • Hypermarkets/Supermarkets
  • Discount Stores
  • Mass Grocery Retailers
  • Wholesale Club Stores
  • Foodservice
  • Others

Analysis by Packaging:

  • Carton Boxes
  • Pouches & Sachets
  • Cans
  • Bulk Packaging

Analysis by Region:

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

Frequently Asked Questions

  • What is the growth rate of the powdered soft drink market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global powdered soft drink market?
  • What are the major regional markets for powdered soft drinks?
  • Which region consumes the highest amount of powdered soft drinks?
  • What are the most common types of powdered soft drinks in the market?
  • What are the market’s major application segments?
  • What are the Key companies operating in the market?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

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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Licorice Root Market Expansion to be Persistent 2022-2032| Future Market Insights, Inc.

Newly released data from Licorice Root Market Analysis shows that global demand for licorice extracts year-on-year (YoY) growth of 4.7% in 2022 to USD 848.9 Mn and is estimated to be USD 1,418.4 Mn in 2032 witnessing a prominent CAGR of 5.3%.

Licorice root extract is an essential flavouring ingredient. It is now utilised as a flavour enhancer in the food business and as a de-bittering compound in the cigarette industry to mask the off-note flavor of stevia, that has been a popular component in the marketplace till now. In the tobacco and food sectors, stevia has long been a popular sweetener.

Licorice usage has increased in recent years in the pharmaceutical companies, as it is an important component of Traditional medicinal. The marketplace for Chinese herbal remedies is fast expanding in Europe and the United States as individuals convert to organic therapies, which include more than 75% licorice roots. The consumption for licorice in the medical business is mostly driven by the increasing demand for Chinese remedies.

Licorice root extracts are often used to cure lung issues, respiration and skin disorders, hepatitis B and C, bleeding ulcer, cirrhosis of the liver, and mouth ulcers, among other ailments. Additionally, during the projection period 2022–2032, the growing usage of licorice roots for strengthening immunity is expected to provide considerable demand possibilities throughout the world.

Glycyrrhizin, a compound found in licorice root extract, has anti-inflammatory and antibacterial properties. Eczema and pimples are two skin conditions that it can help with. Due to its high concentration of strong antioxidants, it possesses skin brightening and anti-aging benefits.

Trials have revealed that licorice root extract can help fight viruses that invade the body. Its antibacterial properties assist in the battle against Staphylococcus bacteria, which causes skin infections.

Because of the growing demand for licorice and the scarcity of availability, there is a lot of space for new licorice manufacturers in proven importing nations like Europe. France, Germany, the America, China, as well as the Netherlands are the leading consumers of Licorice Root. Licorice extracts are becoming more popular as a result of their various health benefits. Regulatory constraints at all levels of the sector continue to be a major issue, despite the fact that the worldwide market for licorice root is rather easy to reach.

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Key Takeaways from Market Study

  • The licorice root market is expected to expand at CAGRs of 11.6% and 4.8% in Europe and the Middle East & Africa, respectively, through 2032.
  • The European licorice root market currently holds 28.3% of the total market share.
  • Licorice Root extracts are selling well in worldwide marketplaces, because to rising consumer demand for good nutritional foods.
  • Increased sales of licorice compounds are being driven by a growth in the number of health-conscious buyers in the country, as well as a growing desire for fresh foods, especially among country’s millennial generation.
  • The breakout of coronavirus impacted the distribution network for licorice root, resulting in a trade slump. Regulatory constraints at all stages of the sector remain a major issue.

“Licorice root producers might generate revenue if they targeted the tobacco industries. The cigarette business might potentially be a viable model for licorice root, thanks to increased desire for alternate flavoring agent throughout the world.” says a Future Market Insights analyst.

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Competitive Landscape

Licorice root producers are devoting their efforts on design and technology in aims to enhance the quality of respective products.

  • Honeywell sold M & F Worldwide entire outstanding shares of Novar USA Inc. for USD 800 Mn cash consideration, subject to a post-closing cash flow adjustment. As a result of which Novar’s successor, Clarke American, was formed through a merger.
  • Clarke American increased its direct marketing skills to incorporate customised direct marketing initiatives after acquiring Alcott Routon. The direct marketing initiatives of Alcott Routon are focused on advanced data mining and predictive models that discover elevated direct marketing possibilities.

Segments Covered in Licorice Root Market Analysis

By Product Form:

  • Roots
  • Extracts
    • Blocks
    • Powder
    • Paste
    • Others

By End-Use:

  • Food & Beverage Industry
  • Tobacco Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Dietary Supplements

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

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Frequently Asked Questions

  • How much is the current worth of licorice root 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 Licorice Root 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 regions driving demand for licorice root?
  • What outlook does Europe provide?
  • At what rate will the U.S. licorice root market grow?

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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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Protein Ingredient Market Analysis By Supply And Consumption Demand Analysis To 2032

The protein ingredients market is estimated to be valued at USD 27.5 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 47.4 Bn by 2032, rising at a CAGR of 5.6% for 2022-32.

worldwide sales of protein ingredients, contributed by both animal protein ingredients and plant protein ingredients, will roughly account for the value of US$ 43 Bn. Demand for animal-based protein ingredients continues to be more as compared to that for plant-based protein ingredients, clearly owing to wider availability of products and nutritional profile in case of the former.

Consumption of protein-rich diet, particularly as a part of sports nutrition, is bolstering sales of protein ingredients in global market. A continuing R&D opportunity in sports nutrition in line with the plant-based dietary trend. Demand for protein ingredients is thus increasing.

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Key Takeaways – Protein Ingredients Market Study

  • Demand for ready-to-drink (RTD) beverages is increasing among the working consumers. For RTD beverages, key to success of innovation is in the beverage itself. Trends in past five years have made it evident that using vibrant colors and innovative packaging can help sell the beverage. Consumer awareness for health and wellness, demand for clean label and functionality are some of the contributing factors to increasing the demand for RTD beverages.
  • Manufactures of supplement and nutritional bars are launching unique products with additional nutritional profile and various flavors that attract customers and demand for these products is expected to increase ~8% during the forecast period.
  • Whey protein concentrate undergoes different processing as compared to isolate and hence, protein ingredient isolates have fewer carbohydrates, fats, lactose and it is highly nutritional. Isolate form of whey is typically more expensive. Taking slightly more amount of concentrates are proven to give similar results as that of isolates at lower cost.
  • Egg and egg-based products have been versatile and multifunctional in both specialty and regular food. Egg protein works efficiently with gluten-free formulations, are easily digestible and provide nutritional functionalities. Thus, helping the food formulators to develop gluten-free products.
  • Increasing consumption of food and beverage products including bakery, dairy, meat, poultry products, and breakfast cereals in developing economies and economies in transition is fueling the global protein ingredients market.
  • Due to increasing urbanization and awareness of mindful living, the consumption of protein ingredients is increasing in the Asia Pacific and Latin America.

The prevalence of diseases caused due to obesity is increasing at an alarming rate. A sizeable chunk of the population is turning health-conscious and remains focused on the consumption of protein-rich foods on a routine basis. This has been a major booster to the growth of protein ingredients market.

Manufacturers are Concentrating on Flavored Healthful Innovations

Rising demand for protein ingredients and an increasing number of small, medium and large scale manufacturers across the world are the reasons for growing the intensive competition in the protein ingredients market. To sustain the position in protein ingredients market companies are manufacturing high-quality protein ingredients with multiple benefits. The manufacturers are investing in research and development to launch innovative and unique protein ingredients based products. Manufacturers are launching multiple flavors of supplements and nutritional powders and beverages which attracts the consumers. Manufacturers are launching plant protein ingredients products for vegan and vegetarian consumers.

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Find More Insights on Protein Ingredients Market

By Product Type:

  • Animal Protein
    • Whey Protein
    • Casein and Caseinates
    • Milk Protein
    • Egg Protein
    • Gelatin
  • Plant Protein
    • Soy Protein
    • Wheat Protein
    • Pea Protein
    • Other Plant Proteins

By Application:

  • Supplements and Nutritional Powder
  • Beverages
  • Protein and Nutritional Bars
  • Bakery and confectionery
  • Breakfast Cereals
  • Meat and Meat Products
  • Dairy Products
  • Infant Nutrition
  • Animal Feed
  • Other Applications

By Form:

  • Isolates
  • Concentrates
  • Other Forms

Region:

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

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

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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