Market Research Blog – Page 1128 – New Product Development

Global Fish Protein Concentrate Market Expected to Top USD 240.3 Million by 2033

The fish protein concentrate market is witnessing substantial growth, driven by the increasing demand for high-quality protein sources, especially in the functional food and dietary supplement sectors. FPC offers several advantages, including improved digestibility, low-fat content, and high protein content, making it an ideal choice for athletes, fitness enthusiasts, and individuals seeking a nutritious diet.

The global fish protein concentrate market is to hit USD 240.3 million in 2033, up from an assessed USD 122.5 million in 2023, at a CAGR of 6.9% from 2023 to 2033.

The escalating intake of fish protein powder to satisfy diet needs and nutrition is predicted to spur more innovation in the business. The increased downward pricing pressure is projected to level the playing field in the near future, as the fish protein concentrate market prepares to bring in new fish protein concentrate manufacturers to capitalize on untouched opportunities.

Fish Protein Concentrate Demand is Booming Owing to the Accelerating Intake of High-Protein Diets

Consumer acceptance of high-protein food products is what drives the market. Food producers are shifting their focus to creating foods with high nutritional value. The most advantageous and in-demand nutrient among the others is protein.

The useful qualities of fish protein concentrate meet the requirement for high protein content in food products and provide protection from protein deficit. The global market may benefit from the rising fish protein concentrate demand for sports nutrition.

One of the principal elements restricting the global fish protein powder market is the availability of replacements for fish protein powder protein. The global fish protein concentrate market is facing some significant challenges as a result of the exponentially growing trend toward plant-based foods.

Regional Outlook of the Global Market

Due to an increase in the consumption of high-protein diets in the region, North America is leading the global fish protein powder market by having the foremost value share. Nonetheless, the highly developed food and beverage industries in Europe and North America are a crucial factor in their considerable value share in the fish protein concentrate market.

Due to rising food consumption and the growing non-vegetarian population, South and East Asia are showing a quick development in the global fish protein concentrate end-users market.

Key Takeaways

From 2023 to 2033, the type C section in the type category may develop at a CAGR of 6.8%.
Between 2023 and 2033, the Monosodium Malate segment in the form category is to rise at a CAGR of 6.9%.
From 2023 to 2033, the end-use category’s Food and Beverage section may blossom at a CAGR of 7.2%.
By 2033, the United States fish protein concentrate market is to advance at a CAGR of 7.1% and reach US$112.6 million.
By 2033, the market in the United Kingdom may have secured a CAGR of 7.1% and be worth $5.9 million.
By 2033, Germany market may have expanded at a CAGR of 7.1% and be valued at US$19.22 million.
China fish protein concentrate market is to develop at a CAGR of 7.6% and reach US$ 25.9 million by 2033.
Spain market is to develop at a CAGR of 7.0% and reach US$ 10.33 million by 2033.

Potential Market Prospects for Fish Protein Concentrate

The majorities of fish protein concentrate manufacturers concentrate on joint ventures, stable distribution of partnerships, and targeted international acquisitions, which have resulted in a much-consolidated picture for the global market.

The growth of the global market depends on research and innovation significantly. Key breakthroughs in fish output over the past few years have been a result of significant advances in fish capture, storage, and transportation.

Few of the leading manufacturers operating in the fish protein concentrate market are Colpex Internacional S.A.C, Pacific Bio Products, Ingredients Inc., Advance International, Inc., Omega Protein Corporation, Mukka Proteins Limited, NutriFish 1000, Apelsa Guadalajara, Danone, TRIDENT SEAFOODS., New Alliance Dye Chem Pvt. Ltd., Triplenine Group and among others.

Large Economic Strategy Innovations

Janatha Fish Meal & Oil Products has gained ISO 22000:2005, Ecocert (NPOP, NOP, EC), Halal, and European Union approval.
Incontech PTE Ltd. launched a tri-peptide collagen supplement in the form of jelly packets in Singapore in August 2019 to provide consumers with simple and efficient products. It may help the corporation increase its consumer base throughout Asia Pacific.
To extend its product line, New Alliance Dye Chem Pvt. Ltd. has been focusing on research and development.

Purchase now and delve into the intricacies of each segment.

Key Segments

By Type:

Type A
Type B
Type C

By Form:

Powder
Liquid

By End-Use:

Food & Beverages
Sports Nutrition & Dietary Supplement
Cosmetic & Personal Care
Pharmaceuticals
Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Unlock Growth in the Artificial Preservative Market: Diverse Investment Opportunities Ahead

The artificial preservative market is expected to be valued at US$ 29,800 million in 2024. The market’s progress is projected to be invigorating from 2024 to 2034, with a CAGR of 5.80%. By 2034, the market value is forecasted to hit US$ 52,500 million.

Future Market Insights recent report conclude, the artificial preservative market is poised for significant growth, with a projected value of US$ 52,500 million by 2034 and an impressive CAGR of 5.80%. The increasing demand for meat products, rising adoption in the cosmetic industry, and burgeoning popularity of convenience foods are driving this growth. Manufacturers can tap into the market potential by exploring the introduction of antimicrobial agents and antioxidant-infused preservatives. Embrace these transformative opportunities and position your investments for a prosperous future in this dynamic market landscape.

Driving Factors: Artificial Preservative Industry

The rising demand for meat products. Meat has a short useful life and is highly perishable, which makes it difficult to transport and package without the risk of spoilage. To address this issue, consumers are turning to artificial preservatives to extend the freshness and flavor of their meat products.

The artificial preservative market is also being driven by the increasing adoption of preservatives in the cosmetics and personal care industry. Artificial preservatives are widely used in cosmetics and personal care products to extend their shelf life and prevent bacterial growth. As consumers become more aware of the ingredients used in their personal care products, the demand for natural preservatives is also increasing. However, due to the cost-effectiveness and ease of use of artificial preservatives, they continue to dominate the market.

Increasing demand for convenience foods, the growth of the food packaging industry, and the rise in disposable incomes are also contributing to the growth of the artificial preservative market. As people’s lifestyles become increasingly busy, they are looking for food options that are easy to prepare and consume. This has led to a surge in the production and consumption of convenience foods, which in turn has boosted the demand for artificial preservatives.

The food packaging industry is also witnessing a significant growth trajectory, driven by the increasing demand for packaged and processed foods. This has led to the development of innovative packaging solutions that can help to extend the shelf life of these foods. Artificial preservatives play a crucial role in ensuring the safety and longevity of these packaged foods.

Investment Opportunities in the Market

Antimicrobial Agents: A Goldmine for Manufacturers

New antimicrobial agents could be the hottest investment in the artificial preservative market. These agents act as powerful shields against bacteria and other harmful contaminants, significantly boosting food safety. This translates to major benefits for both manufacturers, who can see increased profits, and consumers, who gain peace of mind knowing their food is protected. Antimicrobial agents are poised to grab the spotlight and reshape the artificial preservative landscape.

The Power of Antioxidants: Keeping Food Fresh, Profits High

Adding antioxidants to artificial preservatives is another recipe for success. Antioxidants work like tiny time machines, slowing down the natural process of oxidation that spoils food. In today’s fast-paced world, consumers crave convenient, flavorful meals that last. Processed and instant foods are more popular than ever, and this trend fuels the demand for antioxidant preservatives. As a result, these innovative preservatives are expected to be a major player in the market for years to come.

“Rise in disposable incomes, particularly in emerging economies, is also contributing to the growth of the artificial preservative market. As people’s purchasing power increases, they are more likely to spend on convenience foods and packaged goods, which has led to a surge in the demand for artificial preservatives. “Says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Key Takeaways from the Artificial Preservative Market

The artificial preservative market is estimated to register a CAGR of 5.80%, reaching a valuation of US$ 52,500 million by 2034.
The powder segment is anticipated to dominate the market by holding a 37.70% market share in 2024.

Competitive Landscape

The artificial preservative market is witnessing active participation from stakeholders, who are offering a diverse range of products to gain popularity and attraction. Key players are focusing on sustainability and launching eco-friendly products to increase profits. With ongoing research and innovation, the market is expected to witness significant growth in the coming years. Companies are also implementing new marketing strategies to enhance consumer experience and gain a competitive edge.

Recent Development

In 2021, Brazzein, a natural protein sweetener found in berries produced by the Pentadiplandra plant, was created as a result of a significant investment in research and development by AnalytiCon Discovery and Roquette. This alternative sweetener is a healthier option compared to high-calorie and artificial sweeteners, and its successful development marks a breakthrough in the food industry. The investment in research and development is expected to enable the production of this protein sweetener on a larger scale, thereby offering consumers a natural and healthy substitute for sugar.

About the Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. Another feather to her cap manifests in the form of process automation. She is vocal about bringing automation to the fore to bring a 360-degrees-round revolution in manufacturing sector

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:
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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Parenteral Formula Market to Hit USD12.5 Billion by 2034 Driven by Rising Cancer, AIDS, and Diabetes Cases

According to a recent Future Market Insights (FMI) report, sales of parenteral formula are expected to reach a value of US$ 12.5 billion by 2034. The market is anticipated to rise at a CAGR of around 5.7% from 2024 to 2034. It is estimated to attain a value of US$ 6.8 billion by 2024.

Look out for a growing market in Parenteral Formulas (delivered intravenously for nutrition) FMI predicts a surge due to rising malnutrition and preterm births worldwide (2024-2034). The report offers a comprehensive analysis to help you capitalize on this trend, including market drivers, potential challenges, and exciting opportunities. It even provides investment insights and strategic decision-making tools.

The high prevalence of chronic diseases worldwide is a key factor propelling the parenteral formulation industry. Parenteral formulation consumption has increased recently due to the rising prevalence of short bowel syndrome, cancer, AIDS, diabetes, Crohn’s disease, and other digestive problems.

The International Agency for Research on Cancer (IARC), for instance, estimates that 18.1 million new cases and 9.6 million deaths occurred in 2018. Furthermore, according to the National Renal Foundation, 10% of people worldwide suffer from chronic renal disease every year.

Based on several forms of patient feeding, the study provides a thorough segmentation of the global parenteral formula industry. The global market is divided into categories based on the kind of nutrition: carbohydrates, trace elements, electrolytes & minerals, single-dose amino acid solutions, parenteral lipid emulsions, and vitamins.

Lipid emulsion infusion provides a significant energy source, helps avoid high glucose infusion rates, and is required for the delivery of vital fatty acids. The potential advantages of using parenteral lipid emulsions as a drug delivery system have contributed to the segment’s expansion.

Patients with impaired gastrointestinal tracts or those who are unable to consume enough food orally or enterally are shifting toward parenteral nourishment. Products for parenteral nutrition contain a variety of micronutrients like vitamins, minerals, and trace elements. These also contain macronutrients like carbohydrates, amino acids, and lipid emulsions.

The parenteral formula market is mainly pushed by rising chronic illnesses like HIV, Crohn’s disease, and cancer. The market is also augmented by extensive research & development efforts of leading firms to create new parenteral nutrition products.

Scope of the Parenteral Formula Market Report

Attribute	Details
Parenteral Formula Market Size (2024)	US$ 6.8 billion
Parenteral Formula Market Forecast Value (2034)	US$ 12.5 billion
Global Growth Rate	5.7% CAGR
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	US$ billion for Value
Key Countries Covered	• United States • Brazil • Mexico • Germany • UK • France • Italy	• Spain • Nordic • Poland • China • India • Thailand • Indonesia	• Russia • Canada • Australia and New Zealand • Japan • GCC countries • North Africa, South Africa, and others.
Global Parenteral Formula Market Outlook by Category	Parenteral Formula Market by Type of Nutrient: Carbohydrates Amino Acids Lipids Electrolytes Vitamins and Minerals Specialty Formulas Parenteral Formula Market by Indications: Neurological Diseases GI Disorders Malnutrition Alzheimer’s Cancer Care Chronic Kidney Diseases Dysphagia Others Parenteral Formula Market by Sale Channels: Store-based Modern Trade Hospital Pharmacies Retail Pharmacies Drug Stores Online Pharmacies Parenteral Formula Market by Region: North America Latin America Europe East Asia South Asia Oceania Middle East & Africa
Key Coverage in Parenteral Formula Market Research Report	Parenteral Formula Market Size in India Parenteral Nutrition Market Size, Demand, Sales Forecast Enteral Feeding Formulas Market Size, Share, Trends Enteral and Parenteral Medical Nutrition Market Report and Intravenous Nutrition Industry Forecast Market Dynamics of Total Parenteral Nutrition Overview of Parenteral Nutrition Solutions Market Commercial Parenteral Formulas and Nutrition Industry Insights into Companies like Fresenius Kabi (Germany) and Nestlé S.A. (Switzerland) Analysis of Korean Society for Parenteral and Enteral Nutrition World Market for Clinical Nutrition Products, including Parenteral Formula Asia Pacific Enteral and Parenteral Medical Nutrition Market Emerging Trends in Injectable Dietary Supplements Advances in Medical Nutrition Therapy, such as Parenteral Nutrition

Key Takeaways from the Parenteral Formula Market Study:

Global parenteral formula sales grew at a CAGR of 4.7% from 2019 to 2023.
The United States parenteral formula industry is poised to exhibit a CAGR of 3.8% during the assessment period.
The parenteral formula market in Germany is anticipated to rise at a steady CAGR of 4.4% during the forecast period from 2024 to 2034.
Japan’s parenteral formula market is poised to exhibit a CAGR of 5.1% during the assessment period.
By type of nutrient, the electrolytes segment is expected to register a CAGR of 7.7% from 2024 to 2034.
The online pharmacies segment is anticipated to thrive at 8.3% CAGR during the projection period.

“Critical care settings, surgical units, and long-term care facilities are adopting parenteral formulas to help patients suffering from chronic conditions. Key companies are hence striving to come up with novel formulas to enhance safety and efficacy,” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Who is Winning

Baxter International Inc., B. Braun Melsungen AG, Fresenius Kabi AG, Otsuka Pharmaceutical Co., Ltd., Aculife Healthcare Private Limited, and Nutricia (a subsidiary of Danone) are some of the key players in the global market. These companies are expanding product portfolios, employing strategies like advertising to propel growth in the market.

The parenteral formula industry has a diverse and dynamic competitive landscape. Leading companies are focusing on research & development, sustainable sourcing, and new formulations.

For instance,

Otsuka Pharmaceutical received marketing approval for ENEFLUIDⓇ Injection in 2020. The injection contains water-soluble vitamins, lipids, amino acids, glucose, and electrolytes.

Get More Valuable Insights into the Parenteral Formula Market

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global parenteral formula market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the parenteral formula market based on the type of nutrient (carbohydrates, amino acids, lipids, electrolytes, vitamins and minerals, and specialty formulas), indications (neurological diseases, GI disorders, malnutrition, Alzheimer’s, cancer care, chronic kidney diseases, dysphagia, others), and sales channels (store-based and online pharmacies) across various regions.

About the Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Cosmetic Grade Preservative Market: Achieving New Heights with Sustained Growth

The global cosmetic grade preservative market has reached an impressive valuation of USD 623.4 million in 2024. With remarkable innovations spanning beauty, body care, baby care, oral care, and fragrances, the market is projected to broaden to USD 1,166.40 million by 2034, growing at a robust compound annual growth rate (CAGR) of 6.50% over the forecast period. The industry thrives within an ecosystem of established players, emerging start-ups, and active venture capital investors.

Key Market Dynamics

Surging Consumer Demand for Safe, Natural Products: With approximately 65% of global consumers seeking products with effective preservatives ensuring shelf stability and safety, the demand for high-quality cosmetic grade preservatives is accelerating.
Stringent Regulatory Standards: Regulatory bodies worldwide mandate the use of preservatives to ensure the safety and longevity of cosmetic products, thereby driving market growth.
Technological Advancements in Preservation Solutions: Biotechnological innovations are leading the way in developing efficient and eco-friendly preservatives, meeting the evolving needs of manufacturers and consumers alike.

Investment Opportunities

Future Market Insights’ report highlights several lucrative investment avenues within the cosmetic grade preservative market:

Investing in R&D to create advanced and natural preservative solutions promises high returns as the market leans towards organic and clean-label products.
Forming strategic alliances with cosmetic manufacturers can enhance market penetration and distribution, offering significant growth potential.
Expanding into rapidly growing markets such as Asia-Pacific and Latin America presents substantial opportunities due to the burgeoning beauty and personal care sectors in these regions.

Market Segmentation Insights

The report meticulously segments the cosmetic grade preservative market based on type, application, and region:

By Type: Natural and synthetic preservatives, with natural preservatives gaining traction for their perceived safety and environmental benefits.
By Application: Including skincare, haircare, makeup, body care, baby care, oral care, and fragrances, with skincare holding the largest market share.
By Region: North America and Europe currently lead the market, while Asia-Pacific is projected to exhibit the fastest growth due to rising disposable incomes and urbanization.

Competitive Landscape

The cosmetic grade preservative market is highly competitive, with key players focused on innovation and sustainability. Leading companies profiled in the report include:

Ashland Inc.
BASF SE
Lonza Group Ltd.
Symrise AG
DowDuPont Inc.

These industry leaders are investing significantly in product development and adopting strategies such as mergers, acquisitions, and partnerships to bolster their market positions.

Conclusion

Future Market Insights’ extensive report on the cosmetic grade preservative market provides investors with critical insights necessary for informed decision-making. The market’s strong growth prospects, driven by consumer demand for safe, natural products, stringent regulatory standards, and technological advancements, make it an attractive destination for investment.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Rice Bran Oil Market to Reach USD 18.95 Billion by 2033, Fueled by Health Endorsements and Nutrient-Rich Benefits

The global rice bran oil market sales is poised for substantial growth, with projections indicating a rise from US$ 7.94 billion in 2023 to US$ 18.95 billion by 2033, reflecting a robust CAGR of 9.09%. This surge is driven by increasing consumer preference for nutrient-dense food ingredients and the endorsement of rice bran oil by health authorities like the World Health Organization (WHO) and the American Heart Association.

Rice bran oil stands out for its health benefits, touted as a healthier alternative due to its balanced fatty acid profile and high antioxidant content. Its versatility extends beyond culinary uses to applications in cosmetics and pharmaceuticals, where it enhances skin protection from UV radiation and promotes hair growth.

The market’s expansion is further propelled by factors such as rapid urbanization, changing lifestyles, and effective promotional strategies that have bolstered its penetration in both developed and emerging markets. Government policies globally have also played a pivotal role by easing restrictions on organic edible oils, stimulating market growth.

Future Growth Drivers

Looking ahead, the market is anticipated to benefit from the growing trend of veganism and increased adoption of eco-friendly culinary ingredients. Rice bran oil’s affordability relative to other vegetable oils positions it favorably among cost-conscious consumers seeking healthier dietary options.

Regional Insights

Asia Pacific, led by major producers like India and China, holds a significant market share owing to abundant rice production and rising consumer awareness. India, in particular, stands out as a key player in rice bran oil production, leveraging its vast agricultural resources to meet both domestic and global demand.

Competitive Landscape

Key players in the rice bran oil market include Adani Wilmar, Marico, and Conagra Foods, among others, who are actively investing in product innovation and strategic partnerships to enhance market presence. These efforts are aimed at meeting evolving consumer preferences for high-quality, organic products backed by stringent quality standards.

Latest Developments

The edible oil brand Healthy & Tasty was revived in India by Emami Agrotech Limited in October 2022. Rice bran oil, mustard oil, soybean oil, and other culinary oils are among the available items. Through national advertising campaigns and celebrity endorsements, the corporation is heavily promoting its brand.
A 5-liter container of physically refined rice bran oil was introduced in India in September 2021 by Gemini Edibles & Fats India Ltd., under the already-established brand Freedom. Through supermarkets and convenience stores, the products are sold in retail throughout the nation. The business focuses on marketing strategies to spread awareness of the advantages of rice bran oil.
The premium rice bran oil, referred to as Expeller Pressed Rice Bran Oil, was introduced in September 2021 by the Japan-based company TSUNO.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Clean-Label and Organic Trends Propel Fruit Jams, Jellies, and Preserves Market to Exceed USD 3.16 Billion by 2033

The fruit jams, jellies, and preserves market are expected to advance at a CAGR of 5.4% between 2023 and 2033. The FMI researchers have opined that the market size in 2023 is expected to be US$ 1.87 billion. By 2033, the valuation is expected to cross US$ 3.16 billion.

There has been a surging demand for clean-label ingredients as these help in extending shelf life and improve product inventory. The fruit jams, jellies, and preserves make use of clean labels, which has ultimately increased consumer confidence in the product.

The demand for fruit jams, jellies, and preserves is expected to surge as these make use of organic products. The biggest advantage of consuming organic products is that they are safe for the environment and contain a high amount of nutrients.

In the current times, manufacturers are fortifying fruit jams, jellies, and preserves with extra nutrients. The manufacturers are also introducing different flavors, which are expected to further expand the market. This is done in a bid to focus particularly on small children.

Owing to rapid urbanization, people have started leading a sedentary lifestyle. This has led to long working hours, as a result of which people hardly have any time to cook food by themselves. Thus, they visit mobile food stores for breakfast, wherein they mainly consume bread and jams as a virtually staple food. Such factors are expected to massively influence the adoption rate.

From the insights provided by FMI analysts, it can be inferred that ‘soaring demand for clean label ingredients, organic products, the introduction of different flavors, rapid urbanization, and many other factors are expected to surge the fruit jams, jellies, and preserves market growth during the forecast period.’

Key Takeaways:

The CAGR during the forecast period is expected to be 5.4%.
In 2023, the valuation is expected to be at US$ 1.87 billion.
By 2033, the numbers are expected to cross US$ 3.16 billion.
Based on regional analysis, North America is expected to be the dominant market. As per the CAGR, Asia Pacific is expected to rule the global market.
The United States market is expected to grow owing to a significant bread market.
Europe market might prove to be an attractive destination owing to the high consumption of royal jelly.
Japan market shows promising opportunities owing to the surging mobile food market.
South Korea market is expected to grow by leaps and bounds owing to the presence of a lucrative spreads market.
Based on type, the jams and jellies segment is expected to hold the leading market share.
Based on the distribution channel, the supermarket/hypermarket segment is expected to hold the dominant market share.

Competitive Landscape

The key players operating in the fruit jams, jellies, and preserves market are investing in the sustainability program. Since the food sector has been generating a massive amount of land pollution, the manufacturers are keeping a check on production activities. The key players are also investing in mergers and acquisitions to expand their market presence. They are also developing strategic partnerships in order to expand their capabilities and product portfolio. The focus is also on improving the supply chain for the seamless transportation of products from one part of the world to another.

Key developments in the fruit jams, jellies, and preserves market:

In October 2022, B&G Foods announced Andrew Vogel as the Executive Vice president and President of Meals.
In June 2022, Ferrero SpA plant in Arlon was authorized to restart production in collaboration with the Belgian food safety authority.

Other Key Companies Profiled: Baxters Food Group, Murphy Orchards, National Grape Cooperative Association, Nestle India, The Hershey Company, The J.M. Smucker Company.

Market Segmentation

By Type:

Jams and Jellies
Marmalade
Preserves

By Distribution Channel:

Hypermarkets/Supermarkets
Convenience Stores
Online Retail
Other Distribution Channels

By Region:

North America
Latin America
Asia Pacific
The Middle East and Africa
Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Starter Feed Market to Reach USD 54.31 Billion by 2033, Driven by Health Consciousness and Organic Feed Trends

The global starter feed market is predicted to record a CAGR of 5% over the forecast period, according to a recent market research analysis from FMI. The analysis estimates that the market for starting feed is likely to be worth US$ 33.34 billion in 2023 and US$ 54.31 billion by 2033.

The expansion of the global starter feed market is anticipated to be fueled by crucial components like growing consciousness of livestock health, increasing preference for organic and healthy feed products, and growing adoption of starting feed as a viable substitute for traditional feed globally.

Global demand for livestock is also driving up demand for a wide range of starter feeds. Demand for starter feed is expected to be largely driven by meat intake and the rising demand for dietary items made from animals throughout the world in the upcoming years.

Other factors that might support market growth in the future include the soaring acceptance of the process of fermentation in livestock feed and a paradigm shift toward contemporary livestock farming practices.

Ascending per capita income, rising consumption of poultry meat globally, and high investments in the creation of innovative starter feeds are also anticipated to open up market opportunities during the forecast period.

North America currently dominates the starter feed market and is expected to maintain this pattern of dominance over the projected period. The grounds for the dominance are the growing demand for meat and meat products, as well as the increasing understanding among farmers in this region of the health advantages of starter feed.

Key Takeaways

In China, the market is expected to reach a value of US$ 14.18 billion by 2033, expanding at a CAGR of 8.9% during the forecast period.
During the projection period, a CAGR of 2.5% is anticipated for the market in Germany.
During the projection period, a CAGR of 2% is predicted for the market in Japan.
The medicated segment is anticipated to register a 5.4% CAGR to reach US$ 33.04 billion by 2033.

Competitive Landscape:

The top manufacturers of the starter feed market are Archer Daniels Midland Company, Purina Mills LLC, Nutreco N.V., Cargill Incorporated, Roquette Freres S.A., Evonik Industries AG, Charoen Pokphand Foods PLC, Alltech Inc., Associated British Foods Plc., Koninklijke DSM NV, BASF SE, ACI Godrej Agrovet Private Limited and others.

Manufacturers of starter feed are concentrating on creating high-quality, nutritionally balanced solutions to suit farmer expectations and assist the development and well-being of young cattle. To increase sustainability and feed efficiency, they are also introducing innovative technology. As the need for animal protein rises globally, many are extending their global reach through alliances and acquisitions. Additionally, a few businesses are spending money on research and development to produce specialized diets for particular animal species and developmental phases.

Recent Developments:

In January 2023, with the addition of the United States to their current agreement for the research and sale of feed enzymes, BASF and Cargill confirmed their cooperation.
In April 2019, Illinois’ new pioneering animal feed factory was officially launched by Archer Daniels Midland Company.

Starter Feed Market Segmentation

By Type:

Medicated
Non-medicated

By Ingredient:

Wheat
Corn
Soybean
Oats
Barley
Other

By Livestock:

Ruminant
Swine
Poultry
Aquatic
Equine

By Form:

Pellets
Crumbles
Other

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Industrial Margarine Market Set to Surpass USD 4.42 Billion by 2033 Amid Rising Lactose Intolerance and Nutritional Demand

The global industrial margarine market is expected to record a CAGR of 5.1% between 2023 and 2033. In 2023, the market valuation is expected to be at US$ 2.69 billion. By 2033, the figures are expected to surge beyond US$ 4.42 billion.

The world has been witnessing an increase in lactose intolerance cases. The experts believe that nearly 68% of people suffer from lactose intolerance in some way or the other. This presents a huge opportunity in front of the market, as these are not made of milk, and are a rich source of Vitamin D and Vitamin A as well.

There has been an increasing clamor against the consumption of GMO-based food products. Lots of people who have consumed GMO-based products have reported incidents like illness and unease. Apart from that, as these are not naturally processed, the nutritional value is much lower as compared to their organic counterparts. Industrial margarine is a non-GMO-based product. Such factors are expected to surge the demand for industrial margarine during the forecast period.

The Middle East nations are extremely particular when it comes to halal certifications. The industrial margarine and its products are halal certified, which has skyrocketed consumer confidence.

The growing bakery market represents a world of opportunities in front of the industrial margarine sector. The global bakery products market is expected to cross a valuation of US$ 600 billion by 2030. Margarine is used in bakery products, as these act as an emulsifier and also assist in the spreading process.

There is also increased consumption of plant-based food products owing to surging vegans and a surging health consciousness. Industrial margarine does not contain animal fats, and this is expected to massively surge the adoption rate.

Thus, from the insights provided by FMI researchers, it can be inferred that ‘surging cases of lactose intolerance, rising consumption of non-GMO food, mandatory halal certification, and a lot of other factors are expected to surge the industrial margarine market share during the forecast period.’

Key Takeaways:

The market is expected to record a CAGR of 5.1% during the forecast period.
In 2023, the market size is estimated to be US$ 2.69 billion.
By 2033, the figure is expected to surge beyond US$ 4.42 billion.
Based on regional analysis, North America is expected to hold the dominant market share. On the basis of CAGR, Asia Pacific is expected to hold the leading position.
On the basis of type, the spreadable segment is expected to hold the leading market share during the forecast period.
Based on application, the bakery segment is expected to hold the leading market share during the forecast period.

Competitive Landscape

The key players operating in the market are focusing on looking for leaders, who have been a part of the market for decades. Through their expertise, the manufacturers might expand their capabilities. The idea is also to develop strategies to get into meaningful mergers and acquisitions. This is done to expand the market share, and serve new regions. The manufacturers are also developing strategic partnerships with players from other niches to assess their technology. This may also help in knowledge sharing. With a focus all set on sustainable development, the key players are setting strategies that are in tandem with the United Nations’ sustainability goals. Thus, there is an increasing deployment of green practices, like working intensely to reduce carbon emissions.

Key developments in the market:

In December 2022, Bunge decided to invest in a new protein concrete facility in the United States.
In August 2022, Conagra Brands promoted Tracy Schaefer to Chief Information Officer.

Other companies profiled: Associated British Foods, Fuji Oil, Richardson International, Royale Lacroix, Aigremont, Vandemoortele, NMGK Group, EFCO Group, and Wilmar International.

Industrial Margarine Market Segmentation

By Type:

All Purpose
Spreadable
Butter Blend

By Form:

Hard
Soft

By Source:

Plant
Animal

By Application:

Bakery
Spreads
Sauced and Toppings
Confectionary
Convenience Foods
Other Applications

By Region:

North America
Latin America
Asia Pacific
The Middle East and Africa
Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Hydrolyzed Animal Protein Market to Reach USD 838.43 Million by 2033, Growing at a 6.1% CAGR | FMI

The global hydrolyzed animal protein market size is poised for significant growth, projected to reach a valuation of US$ 838.43 million by 2033, from an estimated US$ 463.78 million in 2023. This promising expansion reflects a compound annual growth rate (CAGR) of 6.1% over the forecast period.

Growth Factors Fueling the Market

Hydrolyzed animal protein, produced through the hydrolysis of animal-origin foods, has gained popularity due to its numerous health benefits. As consumer awareness of these benefits increases, so does the demand for hydrolyzed animal protein in diets, particularly within the functional foods and beverages sector.

Several key factors are driving this market growth:

Rising Consumer Awareness and Demand for Functional Foods: Consumers are increasingly seeking nutrient-rich and functional foods, spurred by evolving lifestyles and higher disposable incomes. This trend is particularly pronounced in protein-centric diets, which have significantly boosted the demand for hydrolyzed animal protein in the food and beverage industry.
Expansion in Animal Nutrition and Feed Additives: The animal nutrition and feed additive industries are major contributors to market growth. The increasing number of livestock producers drives the demand for hydrolyzed animal protein, particularly as protein hydrolyzates become more prevalent in sports nutrition and dietary supplements.
Opportunities from the Veganism Trend: Although primarily an animal-derived product, the growing trend towards veganism is expected to create new development opportunities. This trend, combined with the rising demand for plant- and animal-based protein hydrolyzates, supports the market’s expansion.
Innovations in Protein Isolates and Concentrates: The development of various protein isolates and concentrates has led to a broader application of hydrolyzed animal protein in products such as dairy goods, dietary supplements, bakery items, confectionery, and infant formula.

However, the market faces challenges, including high R&D and production costs, and stringent government regulations on the disposal of fish waste. Despite these obstacles, the superior protein content of animal-based sources compared to plant-based counterparts continues to drive market growth.

Historical Market Performance and Future Outlook

Between 2018 and 2022, the hydrolyzed animal protein market grew at a CAGR of 5.1%, rising from US$ 209.92 million to US$ 282.92 million. Looking ahead, the market is expected to maintain its robust growth trajectory, fueled by increasing demand in the pharmaceutical industry, sports nutrition, and dietary supplements.

Regional Insights

North America: The region dominates the global market, thanks to a well-established food industry and advanced processing technologies. The growing popularity of protein-centric diets and functional foods is expected to further drive demand.
Asia Pacific: High market growth is anticipated, driven by an aging population, increased demand for nutritional supplements among pregnant women, and a rising acceptance of protein components due to fitness centers’ promotional efforts.
Europe: The demand for baby formula and weight management products, combined with rising consumer health consciousness, supports market growth. However, high processing costs and competition from plant-based proteins may pose challenges.

Competitive Landscape

Key players in the global hydrolyzed animal protein market include Lactalis Ingredients, Arla Foods Ingredients Group P/S, Fonterra Co-operative Group, Kerry, Inc., Novozymes A/S, Kemin Industries, Inc., BRF S.A., Cargill, Inc., Essentia Protein Solutions, and GELITA.

Recent developments include:

Optimum Nutrition launched a new Gold Standard Protein Shake in August 2022.
Kerry opened a state-of-the-art facility in Jeddah, Saudi Arabia, in January 2022.
Dragon Pharma introduced a whey protein supplement derived from hydrolyzed whey protein in April 2019.
Fonterra JV partnered with Tillamook Country Creamery Association and a three-mile canyon farm to release Pro-Optima TM, a functional whey protein concentrate, in June 2022.

Market Segmentation

By Type: Dairy Proteins, Meat, Poultry & Beef Proteins, Fish Proteins
By Form: Powder, Liquid
By Application: Pharmaceuticals and Nutraceuticals, Food, Cosmetics and Personal Care, Feed
By Region: North America, Europe, Asia Pacific, Middle East and Asia

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Catering Services Market to Reach USD 951.5 Million by 2033, Growing at 4.4% CAGR | FMI Study

As per the market survey report, the catering services business worldwide generated a revenue of around US$ 565 million in the year 2018. Though the market followed a steeply rising curve in the following years, the average CAGR until 2022 has been brought down to 1.2%. This tragic downfall in demand for catering services was a consequence of the pandemic rendering the market value at US$ 592.5 million by end of 2022.

Currently, the net worth of total catering services adopted around the world together is estimated to be around US$ 618.5 million for the year 2023. The catering services sector is projected to expand at an annual rate of 4.4% during the years 2023 to 2033. The FMI global catering services market analysis report further predicts it reaching a value of almost US$ 951.5 million by 2033.

There is a growing concern for safe food handling practices worldwide and a need for outsourcing food preparation services to a reputed supplier. Moreover, the FDA’s strict guidelines for monitoring and controlling the standards of the food being served are perfecting catering services globally.

Recently, the United States FDA established more and stricter rules and guidelines for regulating the quality and standards of food served by catering service providers. As a result, many existing market players in the country have reoriented their business strategies to remain competitive in the market.

Key Takeaways

The United States is the leading region for the adoption of all catering services and the regional market is expected to be worth around US$ 152 million in 2023.
China is anticipated to record an impressive 7.1% CAGR over the forecast years owing to its huge population and evolving culture.
Germany is the leading region in Europe for higher adoption of catering services throughout the Europe region. As per the market report, this regional market is anticipated to exhibit a growth rate of 3.2% during the years 2023 to 2033
The demand for catering services in Canada is projected to grow at a rate of 3.5% over the forecast years making it a lucrative market for players in the region as well as the United States.
Standalone food catering services control a dominant share of the market in comparison to chain catering services companies.
The corporate contract food catering service segment contributes the lion’s share of the total revenue generated by the global market.

Competitive Landscape

Aramark Corp., Compass Group PLC, Bartlett Mitchell Ltd., CH and Co Catering Group Ltd., Delaware North Companies Inc., Newrest Group Services SAS, Deutsche Lufthansa AG, Dine Contract Catering Ltd., Gategroup, DO & CO Aktiengesellschaft, DoorDash Inc., Elior Group SA, The Emirates Group, Sodexo Group PVT Ltd, Cushman & Wakefield, WSH Group Ltd., Newrest Group Services SAS, and ABM Catering Solution, ISS A/S, Jones Lang LaSalle IP, Inc., AVI Foodsystems, Inc, Thompson Hospitality, Albron B.V., Hutten Catering BV among others are prominent players operating in the global catering services market.

To boost profits and strengthen their market positions, many companies in the catering services market have selected new product launches and takeover of regional service providers as their primary development methods.

Some leading global market participants have recognized substantial growth potential in Asia Pacific countries and are extending service points in this region. Due to large investments for attracting foreign corporates and tourism, nations like India, Qatar, and Saudi Arabia present attractive development potential for the catering service sector.

Key Segments

By Service Type:

Contractual Catering Service
Non-contractual Catering Service
Other Catering Services

By Application:

Wedding Catering Services
Corporate Catering Services
Social Events Catering Services
Other Events Catering Services

By End User:

Catering Services for Industrial Sector
Catering Services for Hospitality Sector
Catering Services for Educational Sector
Catering Services for Healthcare Sector
Catering Services for In-Flight Sector
Catering Services for Other End Users

By Region:

North America
Latin America
Europe
East Asia
South Asia and the Pacific
The Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.