Brewing Enzymes Market 2022, by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2032

Total sales in the global brewing enzymes market are anticipated to grow at a CAGR of 6.4% over the forecast period and expected to reach a valuation of US$ 409.3 Mn in 2022 and projected to reach a valuation of US$ 761.2 Mn by 2032. The brewing enzymes market accounts for around 17% of the global food enzymes market, which was valued at US$ 2.2 Bn in 2021.

Increasing urbanization and rising demand for alcoholic beverages across pubs and bars is expected to fuel sales of brewing enzymes. In addition to this, demand for light beers is increasing, as consumers are becoming more health conscious. This is expected to have a direct impact on the demand for brewing enzymes.

Furthermore, increasing demand for beer, wine, and industrial enzyme is propelling the brewing enzymes industry, as breweries utilize industrial enzymes to speed up the processing and produce uniform and high-quality products.

Additionally, it is possible to change the flavor and color of these alcohols by adding enzymes during the brewing process, as a result producers are not afraid to experiment and provide new flavors to the market.

“Technological advancements in craft brewing, along with rising demand for low-alcoholic beers across various countries will boost sales of brewing enzymes over the forecast period,” says an FMI analyst.

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Key Takeaways:

  • The global brewing enzymes market is expected to reach a valuation of around US$ 409.3 Mn in 2022.
  • Based on application, the beer segment is expected to account for more than half of the total market share over the forecast period.
  • Demand in the North America brewing enzymes market is expected to grow at a 6.3% CAGR through 2032.
  • In terms of form, sales of liquid brewing enzymes will continue gaining momentum.
  • East Asia is expected to emerge as a lucrative market for brewing enzymes over the assessment period.

Competitive Landscape

Due to the presence of strong regional and domestic players in several countries, the global market for brewing enzymes is fragmented. Mergers, expansions, acquisitions, and partnerships, as well as new product development, are among some of the strategies used by manufacturers to increase brand exposure. For instance:

  • Associated British Foods plc strengthened its collaboration with Genedata AG, a renowned provider of specialized software solutions for R&D, to digitalize strain development in order to speed up the identification of new brewing enzymes.
  • Kerry announced a new technical partnership with Ginkgo Bioworks, a microbe startup that creates tailored microorganisms for specific applications. Kerry and Ginkgo collaborated to enter the enzyme business, expanding their market presence, and leveraging each other’s technology and processes to increase the development of specialized food enzymes.

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

Brewing Enzymes Market By Category

By Type:

  • Beta-glucanase
  • Amylase
  • Xylanase
  • Protease
  • Alphalase
  • Other Types

By Application:

  • Beer
  • Wine

By Source:

  • Microbial
  • Plant

By Form:

  • Liquid
  • Dry

By Process:

  • Malting
  • Maturation
  • Wort separation and filtration
  • Mashing & fermentation

By Region:

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

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Frequently Asked Questions

  • How much is the brewing enzyme market currently worth?
  • At what rate will the brewing enzymes market grow over the forecast period?
  • How much is the brewing enzymes market expected to be worth by 2032?
  • Which region is expected to drive the brewing enzymes market over the forecast period?
  • Who are the prominent manufacturers in the brewing enzymes 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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Mineral Premixes Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of mineral premixes are estimated to reach a value of USD 1.74 Bn by 2032, surging at 8.6% CAGR through the decade. The mineral premix market in the U.S is expected to grow at a CAGR of 8.4% during the forecasted period 2022-2032.

Animals’ feeds continue to contribute significantly to the global food supply. As a result, animal feeds have grown in importance as a component of the integrated food chain. As a result, the significant increase in global demand for livestock products necessitates an increase in feed supplies, sources, and alternatives.

Another important reason to consider alternative, cost-effective, and convenient sources of animal feed is global population growth. One of the most expensive components of feed formulation in livestock diets is appropriate dietary concentration.

Feed additives and ingredients such as minerals, Minerals, antibiotics, amino acids, and colorants are blended in various proportions to produce compound feeds for various animal species. As a result of their concentrated energy source and feed efficiency, mineral premixes have rekindled interest in the animal feed industry.

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Key Takeaways from Market Study

  • The mineral premix market in the U.S is expected to grow at a CAGR of 8.4% during the forecasted period 2022-2032.
  • The mineral premix market in India is expected to grow at a CAGR of 8.7% during the forecasted period 2022-2032.
  • In 2022, the powder segment is expected to account for the largest share of the mineral premixes market.
  • In 2022, the combination premixes segment is expected to hold the largest share of the mineral premixes market.
  • The COVID-19 pandemic has caused a halt in critical trade activities in a number of countries. This is an important factor that is expected to have a negative impact on the mineral premix market’s future revenue growth prospects.

“Rising consumption of mineral-enriched food and beverage products is one of the key factors driving market growth at the moment,” says a lead analyst at Future Market Insights.

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Who is Winning?

Industry players are now working on developing strategies for expanding their existing product portfolios, acquiring industry-related players, and so on, in order to maintain or improve their respective market positions. In the coming years, new product manufacturing developments and innovations are expected to provide new opportunities for potential revenue growth.

  • Royal DSM, a global science-based company in Nutrition, Health, and Sustainable Living, acquired Glycom A/S, the world’s leading supplier of Human Milk Oligosaccharides (HMO), for an enterprise value of Euro 765 million in April 2020.

Some of the key players in the Mineral Premix Market include Corbion N.V., Farbest-Tallman Foods Corporation, Glanbia plc, Koninklijke, DSM N.V., Nutreco N.V., SternVitamin GmbH & Co. KG, Vitablend Nederland BV, Watson Foods Co., Inc., Wright Enrichment Inc., Zagro Asia Ltd.

Get More Valuable Insights

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

Mineral Premix Market by Category

By Form, Mineral Premix Market is Segmented by:

  • Powder
  • Liquid

By Function, Mineral Premix Market is Segmented by:

  • Bone Health
  • Immunity
  • Digestion
  • Energy
  • Heart Health
  • Weight Management
  • Vision Health
  • Brain Health & Memory, Resistance, Others

By Application, Mineral Premix Market is Segmented by:

  • Food Sector
  • Dietary Supplement
  • Pharma OTC Drugs
  • Pet Food

By Region, Mineral Premix Market is Segmented as:

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

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Frequently Asked Questions

  • At what rate will the Mineral Premix Market grow?
  • What is the expected value of the Mineral Premix Market by 2032?
  • What are the key factors driving the Mineral Premix Market?
  • Which region adds to the highest Mineral Premix Market Valuation?
  • What are the key strategies adopted by the major players of the Mineral Premix Market?
  • Who are the key players in the Mineral Premix Market?

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Flavored Yogurt Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast To 2032

global Flavored Yogurt market is expected to reach a market valuation of USD 32.8 Bn by the year 2022, accelerating with a CAGR of 7.4% by 2022-2032. Flavored Yogurt sales are likely to account for ~30.9% of the demand in the global adhesive tapes market, valued at USD 106.2 Bn in 2022.

In the worldwide food and beverage business, the demand for innovative and exotic flavors is growing significantly. Aromatic and plant-based or vegetable-based yogurts, such as beet, carrot, and squash, are being introduced by companies. These products can be eaten as snacks or used in recipes. Furthermore, these plant-based yogurts are high in nutrients, which appeals to the millennial generation.

As a result, there will be a beneficial impact on the worldwide non-dairy yogurt market. Cargill Inc., for example, sells PURIS pea protein, which is made from yellow peas and processed without hexanes. The company has created a yogurt prototype that is functionally creamier and has a superior mouthfeel using the clean-tasting pea starch and pea protein ingredients.

 “Consumers’ shifting dietary patterns toward the use of flavored yogurt as a dessert and as an important dietary component has influenced the rise of yogurt and made it a popular food item in recent years.” said a lead analyst at FMI.

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Drinkable Flavored Yogurt Among Fastest Growing Breakfast Trends

Drinkable flavored yogurt is growing in popularity as a way to feed the body at the start of each day, thanks to consumer demand for more protein, better nutrition, and convenience. Many people’s daily routines are incorporating flavored yogurt and fruit smoothies containing nonfat yogurt, which have a higher nutritional value than most other popular breakfast options. In addition to helping consumers strengthen and grow muscles and control their appetite, yogurt can also help them regulate their digestion.

These advantages can be included in food formulations, making it easier to appeal to clean label campaigns and comply with new label standards. While drinkable yogurt stands apart from other conventional forms, there are other methods for these products to catch buyers’ attention. In the past, common flavors like strawberry, vanilla, and other fruit flavors were the norm, but now, imaginative producers are creating flavor profiles that are both decadent and enticing while also being low in sugar and fat.

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Who is winning?

Some of the leading companies offering flavored yogurt are General Mills, Inc.; Danone S.A., Nestle S.A., Chobani LLC, Lactalis, Fonterra Co-operative Group, Arla foods, Yakult Honsha Co., Ltd., ULTIMA FOODS, Chobani, LLC., Sodiaal, Müller UK & Ireland, Rainy Lanes Dairy Foods Ltd., Parmalat S.p.A., Chi Limited, Cargill, Incorporated., Mother Dairy Fruit & Vegetable Pvt. Ltd., Britannia Nutrition Foundation, and Others.

Get Valuable Insights into Flavored Yogurt Market 

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

Flavored Yogurt Market by Category

By Nature, Flavored Yogurt Market is Segmented as:

  • Organic Flavored Yogurt
  • Conventional Flavored Yogurt

By Form, Flavored Yogurt Market is Segmented as:

  • Spoonable
  • Drinkable

By Flavor, Flavored Yogurt Market is Segmented as:

  • Strawberry
  • Vanilla
  • Peach
  • Blueberry
  • Chocolate
  • Vegetable-based
  • Others

By End Use, Flavored Yogurt Market is Segmented as:

  • Food and Beverage Industry
  • HoReCa
  • Household Retail

By Sales Channel, Flavored Yogurt Market is Segmented as:

  • B2B
  • B2C
    • Modern Trade
    • Convenience Stores
    • Traditional Grocery Stores
    • Specialty Stores
    • Online Retail
    • Other Retail Formats

By Region, Flavored Yogurt Market is Segmented as:

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

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Frequently Asked Questions

  • How Big is the Flavored Yogurt Market?
  • How Much Does Automotive Industry Contribute to Flavored Yogurt Market?
  • What is the North America Flavored Yogurt Market Outlook?
  • At What Rate will Flavored Yogurt Demand Grow in Europe?
  • At What Rate Will Flavored Yogurt Demand Grow in Japan?

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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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Seafood Market Growth, Future Prospects and Competitive Analysis 2022 to 2032

The global Seafood market is expected to reach market valuation of US$ 110.2 Bn by the year 2022, accelerating with a CAGR of 3.6% by 2022-2032. Seafood sales grew at a CAGR of 3.3% between 2017 and 2022 and will grow at a CAGR of 3.6% between 2022 and 2032. As per FMI, the U.S. Seafood market totaled USD 28.5 Bn in 2022 which is approximately 25.9% of the global Seafood market.

Digital technology offered new outlets for many fisherfolk and aquaculture suppliers when COVID-19 upended the import/export sector. Those that were quick enough to convert their products to a digital marketplace could sell and deliver straight to customers.

Fish Tiangge, a USAID Fish Right initiative in the Philippines, launched an online platform using Facebook in May 2020 to connect fishermen with local consumers. This single programme linked 6,000 fishermen with almost 300,000 households, boosting local food security and maintaining the livelihoods of thousands of fishermen.

Digital technology is also assisting in the modernization of fishing and aquaculture operations, as well as increasing earnings and raising awareness of sustainable seafood best practises. For example, in India, we’re cooperating with AquaConnect to deliver digital solutions that assist shrimp farmers in identifying quality items and making farm-input purchases. Farmers also receive announcements and documents about growth and disease advisories, as well as advice and information on inexpensive financing and resources to connect to other Indian markets.

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In the coming years, digital technology will continue to be a major source of industry evolution and innovation, particularly when it comes to sustainable seafood trends.

“While COVID-19 presented challenges to many small-scale fisherfolk and aquaculture providers, it also revealed areas where the seafood industry may improve its supply chains to become more robust and sustainable.” said a lead analyst at FMI.

Who is winning?

Some of the leading companies offering Seafood are Amalgam Frozen Foods Pvt. Ltd. (AFFL), American Seafoods Company, Austevoll Seafood ASA, Cooke, Inc., Dongwon F&B, Faroe Seafood, Handy Seafood, Inc., Hansung Enterprise Co. Ltd, High Liner Foods Incorporated, Kangamiut Seafood A/S, Lee Fishing Company, Leroy Seafood Group, Lyons Seafoods Limited, Mowi ASA, Pacific Seafood, Phillips Foods, Inc., Princes, Ltd., Sajo Group, Shanghai Fisheries Group Co., Ltd., Stolt Sea Farm, Surapon Foods Public Company Limited, Tassal Group Limited, Thai Union Group PCL, Tri Marine International, Inc., Trident Seafoods Corporation, Young`s Seafood Limited, Zhanjiang Guolian Aquatic Products Co., Ltd., and Others.

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Get Valuable Insights into Seafood market 

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

Seafood Market By Category

By Nature, Seafood Market is Segmented as:

  • Organic
  • Conventional

By Source, Seafood Market is Segmented as:

  • Farm Raised
  • Wild Caught

By Product Type, Seafood Market is Segmented as:

  • Ground Fish
  • Pelagics
  • Tuna
  • Salmonids
  • Molluscs
  • Crustaceans
  • Lobsters
  • Crabs
  • Shrimp
  • Other Product Types (Prawns, Trouts, etc)

By Form, Seafood Market is Segmented as:

  • Fresh
  • Chilled
  • Frozen
  • Ambient

By End Use, Seafood Market is Segmented as:

  • Food
  • Pharmaceutical
  • Cosmetics
  • Industrial
  • Biotechnology
  • Household Retail

By Sales Channel, Seafood Market is Segmented as:

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

By Region, Seafood Market is Segmented as:

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

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Frequently Asked Questions

  • How Big is the Seafood Market?
  • What is the North America Seafood Market Outlook?
  • At What Rate will Seafood Demand Grow in Europe?
  • At What Rate Will Seafood Demand Grow in Japan?

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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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Coffee Creamer Market 2022 Outlook, Current and Future Industry Landscape Analysis 2032

The global coffee creamer market is estimated at USD 18.1 Bn in 2022 and is projected to reach USD 31.2 Bn by 2032, at a CAGR of 5.6% from 2022 to 2032. Future Market Insights projects the coffee creamer market to remain steady, exhibiting growth at 5.6% CAGR between 2022 and 2032 in comparison to the CAGR of 4.5% posted between 2017 and 2021.

Consumers have started replacing milk or cream with coffee whitener and coffee creamer. A gradual increase in the number of lactose intolerant consumers have been notice since past few years. Non-dairy coffee creamers do not have lactose in them which is why its demand is expected to increase in the near future.

Coffee creamer is available in varied flavors that are added while making coffee and is also used in bakery products. It has a longer shelf-life and is cost-effective. Alongside, the health-conscious consumers are preferring plant-based ingredients which is predicted to contribute well to the increasing demand for plant-based coffee creamers.

The plant-based non-dairy creamers are manufactured using the plant-based milk such as the soy milk, almond milk, coconut milk, etc. that are alternatives to the non-dairy creamers that are manufactured by hydrogenation of the vegetable oil.

But the cost of production and thus the cost of these plant-based non-dairy creamers are high due to the high price of the raw materials affecting the price of these products whereas, the growth rate of these plant-based non-dairy creamers is high in the forecast years. This is expected to positively influence the coffee creamer market growth over the forecast period.

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Key Takeaways from Market Study

  • North America is expected to account for the maximum value share of the global market of more than 20% by 2022 end
  • Rising consumption of coffee in different regions across the globe is predicted to drive the sales of coffee creamer during the assessment period (2022-2032)
  • By product type, non-dairy creamer is expected to account for the maximum market value share of the global market by 2022 end
  • In case of form segment, powdered coffee creamers are being preferred over the liquid ones
  • Indirect sales channel is expected to account for a higher market value share than direct sales channel by 2032 end

 “Shifting preference towards dairy-free products and plant-based coffee creamers by health-conscious consumers is predicted to show an impressive rise in the demand for coffee creamer in the coming decade”, says a Future Market Insights analyst.

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Competitive Landscape

Manufacturers are shifting their focus towards developing coffee creamers in order to address the growing consumption of coffee. The market participants are offering varied products with different flavors owing to increasing consumer’s demand for personalized products based on its usage in different locations around the world.

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Global Coffee Creamer Market By Category

By Product Type, Global Coffee Creamer Market is segmented as:

  • Dairy-based Creamer
  • Non-dairy Creamer

By Nature, Global Coffee Creamer Market is segmented as:

  • Organic
  • Conventional

By Form, Global Coffee Creamer Market is segmented as:

  • Powder Coffee Creamer
  • Liquid Coffee Creamer

By Application, Global Coffee Creamer Market is segmented as:

  • Residential
  • Commercial
    • Cafes and Cafeteria
    • Hotels and Restaurants
    • Others (Offices, etc.)

By Sales Channel, Global Coffee Creamer Market is segmented as:

  • Direct
  • Indirect
    • Hypermarket/Supermarket
    • Modern Grocery Stores
    • Specialty Stores
    • Convenience Stores
    • Online Retail
    • Other Channels

By Region, Global Coffee Creamer Market is segmented as:

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

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Frequently Asked Questions

  • What is the market scenario of coffee creamer?
  • At what rate is the global coffee creamer market expected to grow?
  • How are market players reacting to the new developments in the coffee creamer market?
  • How much share does the top 10 companies in the coffee creamer market hold?
  • Which are the major countries driving demand for coffee creamer?

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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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Beverage Flavoring Agent Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032

The beverage flavoring agent market is valued at USD 4.5 Bn in 2022 and is projected to grow at a CAGR of 5.7% during the forecast period, to reach a value of USD 7.8 Bn by 2032. Newly released data from Future Market Insights market analysis shows that global beverage flavoring agent demand is projected to grow year-on-year (Y-o-Y) growth of 5.0% in 2022.

Because of the increased consumption of carbonated soft drinks, functional drinks, and juices, this segment has a greater market. Flavoring systems are widely used in the carbonated soft drink and juice sectors. Flavor manufacturers respond to consumer demand for new flavours by releasing new flavours.

The use of many types of tastes in beverage applications is mostly due to the introduction and mixing of numerous flavors to create an elegant and aromatic flavor. Fruit and vegetable flavors, for example, when coupled with beverages such as chocolate shake and coffee, produce a sweet and spicy, warm fall flavor.

However, when the product reaches in the intestine, it is fermented into metabolites inside the colon with the help of gut microflora which are more bioavailable, thus improving energy levels and balancing the metabolism process of the body. As a result, improving digestive system due to the medicinal properties of the product is driving the Beverage Flavoring Agent market forward as a supplement to the food and beverage industry.

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Key Takeaways from Market Study

  • The beverage flavoring agent market is worth of US$ 4.5 Bn sales in 2022.
  • The beverage flavoring agent market is expected to expand at CAGRs of 7% through 2032.
  • Global beverage flavoring agent demand is projected to grow year-on-year (Y-o-Y) growth of 0% in 2022.
  • The beverage flavoring agent market is growing with a notable boost towards the production to reach USD 7.8 Bn by 2032.
  • Innovative applications, research formulations, and medicinal properties are the factors driving growth of Beverage Flavoring Agent market to be the influencing factors among consumers, which is driving sales of beverage flavoring agent across global markets.
  • Demand for beverage flavoring agent grew at 4% CAGR between 2017 and 2021.
  • Korea Ginseng Corp., Clariant, Korean Ginseng Export Corporation, RFI Ingredients, Inc, and Ilhwa Co., Ltd. are expected to be the top players in the industry.
  • Siberian ginseng type with capsule form segment of beverage flavoring agent are in heavy demand from beverage industry carrying a notable market share.

“The dominance of the liquid segment is attributed to the ease of mixing and blending of liquid flavor ingredients. Liquid flavors can be easily mixed together to provide a homogeneous distribution of each flavor component. This is why most beverage manufacturers prefer the usage of liquid flavors, which is likely to provide new market avenues for Beverage Flavoring Agent,” says a Future Market Insights analyst.

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Competitive Landscape

Key beverage flavoring agent brands are looking for new strategic partnerships to develop the applications in food and beverage industry, as well as cosmetics and personal care industry, while core business brands are focusing on supplying nutritional and high quality solutions to customers consuming Beverage Flavoring Agent with several product innovations.

  • On 22nd January 2019, supplier of rare plant extracts, Botalys announced to launch Panax ginseng powder as the most bioactive ingredient in the market, termed as HRG80. Beverage Flavoring Agent, used as stress reducing agent, considered to be the king of adaptogens by the company. New product launches under the scheme is featuring various innovative forms including nutritional bars, chocolates, soft chews, chewing gums, gummy bears, burgers, juices, coffee, ready-to-drink (RTD) beverages, tea, and granola.

Explore More Valuable Insights

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

Beverage Flavoring Agent Market By Category

By Ingredient:

  • Carriers
  • Flavorings
  • Enhancers
  • Others

By Beverage:

  • Alcoholic
  • Non-alcoholic

By Type:

  • Botanicals
  • Dairy
  • Fruits
  • Ohers

By Origin:

  • Artificial
  • Natural
  • Nature-identical

By Region:

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

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Frequently Asked Questions:

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

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

About Future Market Insights (FMI)

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

Contact: 

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T: +1-845-579-5705

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Protein Powder Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2032

According to the recent FMI report, the sales for protein powder are expected to surpass a value of US$ 36.6 Mn in 2032, rising at a CAGR of around 7.3% through the end of 2032.

Protein powder products are frequently advertised as muscle-building and performance-enhancing items for athletes and other physically active consumers leading to rising sales of the product in various parts of the world.

In the multi-stress settings of goal-directed, frequent, intensive, and/or protracted exercise routines, athletes have heightened physiological protein requirements to maintain enough protein synthesis and energy generation, as well as sufficient immunological function and excellent gut integrity.

Protein requirements rise in tandem with the intensity and duration of athletic performance as a result leading to rising adoption of protein in meals prior to and after the performance, as well as at regular intervals throughout the day, to ensure an adequate supply of essential or indispensable, amino acids.

Protein powder is widely used by normal gym visitors as well. It is frequently taken in addition to other protein-rich foods, with no professional nutrition advice.

Protein powders have been shown to improve the adaptation response to resistance training in resistance-trained subjects under the age of 49, and various indicators of high protein intake have been linked to improved muscle function in young adults, boosting the protein powder industry.

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Key Takeaways from the Protein Powder Market Study:

  • The North American region currently holds the largest market share and is expected to continue to do so due to the widespread appeal of protein powder products among health-conscious consumers and rising demand for functional foods.
  • According to FMI analysis, The European protein powder market is expected to grow at a rate of more than 5% per year through 2027, owing to the growing use of edible insects as protein supplements in meals and the growing demand for functional foods and drinks.
  • Germany is dominating the European protein powder market with due to the increased demand for plant protein in powder form.
  • Due to the growing livestock sector and increased awareness about animal health and nutrition, the protein powder industry from animal nutrition supplement application is expected to grow at a CAGR of over 6% through 2027.
  • The market for protein powder is growing due to rising obesity rates among children and adults, as well as increased usage of protein powder for weight loss.

“Market players are investing in R&D to create innovative products in order to maintain their market position. Manufacturers are also focusing on implementing technological advancement to improve production efficiency.” said a lead analyst at FMI.

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Who is winning?

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

Some of the leading companies offering protein powder are Omega Protein, Amway, Abbott Laboratories, Glanbia Group, Herbalife International of America Inc., Vitaco Health, ABH Pharma Inc., GlaxoSmithKline, Makers Nutrition, Living Inc., and others.

Get Valuable Insights into Protein Powder Market 

FMI, in its new offering, provides an unbiased analysis of protein powder presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

Protein Powder Market by Category

By Product Type:

  • Animal Protein
    • Dairy Protein
  • Milk Protein (Concentrate/ Isolate)
  • Whey (Concentrate/ Isolate/ Hydrolysates)
  • Casein
    • Egg Protein
    • Gelatin
  • Plant Protein
    • Soy Protein
    • Pea Protein
    • Wheat Protein
    • Others

By Nature, Protein Powder Market is Segmented as:

  • Organic
  • Conventional

By Flavor, Protein Powder Market is Segmented as:

  • Plain Flavor
  • Classic Flavor
    • Vanilla
    • Chocolate & Coffee
  • Cookies and Cream
  • Fusion Flavor
  • Nut Flavor
  • Fruity Flavors
    • Strawberry
    • Blueberry
    • Banana
    • Others
  • Others

By End Use, Protein Powder Market is Segmented as:

  • Dietary Supplements
  • Food and Beverage
    • Ready to Beverage Drinks
    • Functional Foods
    • Infant Food Formula
    • Others
  • Pharmaceuticals
  • Others

By Distribution Channels, Protein Powder Market is Segmented as:

  • Direct
  • Indirect
    • Store based Retailing
      • Modern Grocery Retailers
        • Hypermarkets/ Supermarkets
        • Convenience Stores
        • Specialty Sports Store
        • Drug Store
      • Online Retailing
      • Others

By Region, Protein Powder Market is Segmented as:

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

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Frequently Asked Questions:

How Big is the Protein Powder Market?

At what Growth Rate is Plant Protein Powder Market Growing?

What is the North America Protein Powder Market Outlook?

At What Rate will Protein Powder Demand Grow in Europe?

What Are the Key Trends Shaping the Protein Powder Market?

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

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Plant-Based Chorizo Market – Global Industry Overview by Size, Share, Future Scope, Development up to 2032

According to the recent FMI report, the sales for plant-based chorizo are expected to surpass a value of US$ 87.6 Mn in 2032, rising at a CAGR of around 8.7% through the end of 2032.

Around the world, animal welfare is improving, leading to an increase in the number of vegans and vegetarians, as well as a desire for plant-based sausage. Health-conscious consumers favor plant-based sausage because it is very nutritional, gluten-free, and non-GMO.

Apart from that, the use of plant-based sausage is increasing in the foodservice industry to attract vegetarian, vegan, flexitarian, and health-conscious customers. The foodservice sector is offering a variety of new plant-based sausage meals on their menus. Plant-based sausage burgers, burritos, biscuits, and other meal options are available at restaurants, motels, and hotels.

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Due to the above reason, the total retail food sales are exceeding plant-based food sales. Plant-based food sales increased 11 percent to $4.5 billion in the 52 weeks ending April 2019, according to the Plant-Based Food Association (PBFA), based on data from market researcher SPINS (Chicago).

Apart from expanding diet trends and widespread availability, the product’s protein characteristics are also gaining appeal. In wealthier countries, alternative proteins are growing more popular, and consumers are becoming more aware of them. In industrialized countries, meat for a very long phase has been the predominant source of protein.

However, changing consumer behavior and interest in alternative protein sources, owing to health and environmental concerns as well as animal welfare, has paved the way for the market to expand. It is, therefore, boosting the plant-based chorizo market.

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Key Takeaways from the Plant-Based Chorizo Market Study:

  • Due to the expanding health consciousness in the region, the North American plant-based chorizo market and is expected to rise at a CAGR of 8.9% by 2031.
  • Pea protein is the up-and-coming source of plant-protein chorizo of choice for companies looking to avoid soy-related allergies. Pea protein chorizo is expected to rise at a CAGR of 8% by 2032, FMI.
  • The popular vegan trend is propelling the plant-based chorizo market in the Latin American region. According to FMI, the market is expected to rise at a CAGR of 2% by 2032.
  • Soy protein chorizo market holds the maximum market value is expected to rise at a CAGR of 8% by 2032. It is due to its nutritional properties and texture to supplement the meat-based chorizo.
  • With a CAGR of nearly 2% over the projected period, the hash is expected to be the fastest-growing application. It is due to the constant innovation with plant-based food products in terms of flavors which is gaining traffic to the plant-based chorizo market.

“The players in the plant-based chorizo market can keep a stronghold on the developments in the market posing opportunities for application of plant-based chorizo. The major businesses are concentrating their efforts on new releases and significant investments in R&D. These actions give them a much-needed competitive advantage over their competitors. They are also concentrating on incorporating technical advancements in order to boost manufacturing efficiency.” said a lead analyst at FMI.

Who is winning?

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

Some of the leading companies offering plant-based chorizo Chipotle, RollinGreens, Beyond Meat, Blue Tribe, Impossible Foods, Lightlife Foods, Tofurkey, No Evil, Field Roast, Simple Truth, and Others.

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Get Valuable Insights into Plant-Based Chorizo Market 

FMI, in its new offering, provides an unbiased analysis of plant-based chorizo presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

Plant-Based Chorizo Market by Category

By Source, Plant-Based Chorizo Market is segmented as:

  • Pea Protein
  • Soy Protein
  • Other Sources

By Application, Plant-Based Chorizo Market is segmented as:

  • Hash
  • Tortilla Wrap
  • Salad
  • Rolls
  • Stuffed Dishes
  • Hot Dog
  • Other Applications

By Distribution Channel, Plant-Based Chorizo Market is segmented as:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Independent Small Groceries
  • Online Retail
  • Other Retail Formats

Frequently Asked Questions

  • How big is the Plant-Based Chorizo Market?
  • What is the North America Plant-Based Chorizo Market Outlook?
  • At What Rate will Plant-Based Chorizo Demand Grow in Europe?
  • What Are the Key Trends Shaping the Plant-Based Chorizo Market?

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

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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Remote Construction Market is Booming Across the Globe and Witness Huge Growth by Key Players to 2030

The Remote Construction Market is set to enjoy a valuation of US$ 853.2 Mn in 2022, expanding at a CAGR of 14.3% to reach US$ 2.5 Bn by the end of 2030. An increasing number of companies are using modern technologies such as AI and machine learning to analyze project-specific data and get information on whether or other potential disruptions. Steered by the surging penetration of the latest technologies, the remote construction market is expected to grow at an impressive pace.

Remote Construction Market Size (2022) US$ 853.2 Mn
Sales Forecast (2030) US$ 2.5 Bn
Global Market Growth Rate (2022 to 2030) 14.3% CAGR
Share of Top 5 Market Players 50%

Remote construction technology offers a plethora of solutions from helping companies to analyze stock levels, schedules, and weather to enabling them avoid repeating mistakes encountered in previous projects. With the rising demand for accurate insights rising and companies focusing on reducing cost incurred on any project, remote construction technologies are becoming highly sought-after.

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Artificial intelligence and machine learning are not only transforming the way construction companies are executing projects but are intended to create a real impact on daily working conditions for on-site workers.

Several companies have realized the potential of modern technologies and have been forthright in acknowledging process improvements they experienced. For instance in August 2018, Orange Business Services, recognized the potential for leveraging data and thus acquired Basefarm Holding AS, player in cloud-based infrastructure and services.

Through this acquisition Orange Business Services was able to accelerate its growth in cloud computing, Big Data, and artificial intelligence. FMI’s report offers exclusive insights into the market for remote construction.

Some of the key takeaways from the report are highlighted below:

  • Based on application, the remote management segment is forecast to rise by 4.0x of its current market value by the end of 2030
  • The demand for remote construction tools and software is poised to surge exponentially, compelling market players to focus on better usage of analytics for efficient decision-making
  • Among end-use industries, the construction sector is forecast to remain dominant through the course of the forecast period
  • While North America and Europe enjoy dominance, the East Asia market for remote construction is expected to surge at an impressive 17% CAGR between 2020 and 2030

COVID-19 Impact Analysis

The unprecedented COVID-19 outbreak has brought some distinctly valuable experienced under the spotlight. For instance, it has revealed the significance of having the capability to work with any data from any device at any time and from anywhere.

Thus working on a cloud-based remote construction solution with remote accessibility has several advantages. The construction sector has taken a massive hit due to the outbreak of COVID-19. Remote working has therefore emerged as a go-to strategy for companies to continue operations despite restrictions enforced across the world.

By digitizing processes and systems, companies have paved the way for long-term changes within the sector. Governments and various international authorities are supporting the implementation of remote construction technologies as an innovative and creative way of ensuring employee safety and hindrance-free operations.

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Who is winning?

Companies operating in the remote construction market are currently focusing on product launches and strategic collaborations to gain competitive advantage. Some of the leading players in the market are Oracle Corporation, Autodesk Inc., Trimble Inc., Caterpillar Inc., Hitachi Ltd., Giatec Scientific, Inc., Kore Wireless, WorldSensing, CalAmp Corp., among others.

Remote Construction Industry Survey

Remote Construction Market by Component:

  • Remote Construction Solutions
  • Remote Construction Services

Remote Construction Market by Application:

  • Remote Management
  • Construction Management
  • Communications
  • Others

Remote Construction Market by End-use Industry:

  • Construction
  • Energy & Utilities
  • Mining

Remote Construction Market by Region:

  • North America Remote Construction Market
  • Latin America Remote Construction Market
  • Europe Remote Construction Market
  • East Asia Remote Construction Market
  • South Asia & Pacific Remote Construction Market
  • Middle East & Africa (MEA) Remote Construction Market

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More Valuable Insights on Remote Construction Market

In its latest report, Future Market Insights offers an unbiased analysis of the global remote construction market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2022-2030.

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About 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
Report: https://www.futuremarketinsights.com/reports/home-office-spending-market
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Home Office Spending Market 2022: Size, Revenue, Application, Types, and Trends In Future, Scope To 2030

The Home Office Spending Market is predicted to expand at a remarkable CAGR of 15.7% to close in on a valuation of US$ 25.71 Bn in 2022 and US$ 82.42 Bn by the end of 2030.

Home Office Spending Market Size (2022) US$ 25.71 Bn
Revenue Forecast (2030) US$ 82.42 Bn
Global Market Growth Rate (2022-2030) 15.7% CAGR
Dominant Application Business Productivity (40.1%)

Government efforts associated with the prevention of COVID-19 contagion imply that the home office has stepped up from simply a benefit to a necessity for maintaining the entire operation of businesses and work-related activities. As telecommuting has become mainstream, and subsequently work-from-home (WFH) culture is expected to continue after workplaces resume on large scale, Future Market Insights (FMI), in its recent study, has brought key trends shaping the home office spending market to the fore.

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While remote work software such as virtual reality (VR) conferencing, and mobile work tools will become preferable form of communication – even face-to-face meetings – artificial intelligence (AI) will also play significant role in managing remote staff.

Home Office Spending Market Size Study

  • Home office spending tools currently hold leading revenue share
  • Cloud deployment models to capture greater value share in home office spending market, tentative to 60%
  • Business productivity will remain key application area of home spending solutions
  • Players to eye investment opportunities in North America and Europe, as both regions are test beds for technology innovations

COVID-19 Impact on Home Office Spending Market

With the COVID-19 pandemic showing no signs of subsiding, it has become palpable that work from home (WFH) – or remote working – could be a long-term reality. In order to help customers transform better and embrace WFH lifestyle sleekly, many several companies have granted home office allowance, or relevant facilities such as computers and furniture.

Recent estimates suggest that almost 55% of enterprises worldwide provide certain capacity for remote working, and about 18% of workforce telecommute on regular basis.

Moving ahead, isolation of home offices has created fertile breeding ground for companies to engage telecommuters with online platforms and communities. There is plethora of opportunities to establish connections with the work-from-home community.

Such trends translate into increased demand for home office spending tools and services including, collaboration tools, conferencing software, and security services.

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Home Office Spending Market – Competitive Intelligence

The global home office spending market is characterized by presence of various leading players such as Oracle Corporation, Microsoft Corporation, and Google Inc. As organizations and working professionals are being exposed to COVID-19-induced challenges, these players are stepping up their efforts to provide secured enterprise network solutions. For instance,

  • Microsoft has rolled out new updates for its subscription services – Office 365 – which include 1 TB of OneDrive cloud storage per individual, advanced security features to keep phishing attacks and malware at bay, and 60-min Skype calling on mobile phones and landlines.
  • Oracle has announced free access to its Workforce Health & Safety solution that allows HR executives to trace and record health-related issues among their colleagues (such as confirmed COVID-19 cases), reduce exposure to larger workforce, and take necessary actions quickly.

Home Office Spending Market

Want To Know More About Home Office Spending Market?

A new market research report published by Future Market Insights (FMI) on the global home office spending market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2022-2030. The report examines the home office spending market through four different segments – solution, deployment, application, and region. The home office spending market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the development of home office spending solutions and product adoption across several end-use industries.

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Key Segments Of Home Office Spending Industry Survey

Home Office Spending Market by Solution:

  • Home Office Tools
    • Collaboration Tools
    • Conferencing Software
    • VPN Tools
    • Cloud Backup/Drives
    • Remote Desktop Software
  • Home Office Services
    • Security Services
    • Network services
    • Remotely Managed IT Services
    • Support Services

Home Office Spending Market by Deployment:

  • Cloud
  • On-Premise

Home Office Spending Market by Application:

  • Business Productivity
  • Information Security
  • Enterprise Communication
  • Others

Home Office Spending Market by Region:

  • North America Home Office Spending Market
  • Latin America Home Office Spending Market
  • Europe Home Office Spending Market
  • East Asia Home Office Spending Market
  • South Asia & Pacific Home Office Spending Market
  • Middle East & Africa (MEA) Home Office Spending Market

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About 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
Report: https://www.futuremarketinsights.com/reports/home-office-spending-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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