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According to the recent FMI report, the sales for fortified yeast are expected to surpass a value of USD 367.1 Bn in 2032, rising at a CAGR of around 13.5% through the end of 2032.

Due to the global incidence of celiac disease, demand for gluten-free food items is increasing in the global food and beverage sector. Celiac disease is an autoimmune illness in which a person’s immune system reacts to a specific gluten protein, causing inflammation and damage of the small intestine’s inner lining, or vili. Following a gluten-free diet is the recommended treatment for celiac disease which is, therefore, boosting the adoption of fortified yeast.

Fortified yeast is a gluten-free food component that can be used in 100 percent gluten-free recipes. It is grown primarily for nutritional value and is naturally gluten-free because it lacks barley, which is commonly found in brewer’s dried yeast.

Apart from that, consumers are influenced by the prevalence of chronic diseases such as diabetes, high cholesterol, obesity, and cardiac arrests to adopt specific diets in order to reduce their risk of developing such diseases. According to the World Health Organization, diabetes claimed the lives of 1.6 million people in 2016 and 1.9 billion adults were overweight.

According to the World Health Organization, over 17 million people die each year as a result of heart attacks and strokes. Nutrition plays an important part in sustaining a person’s good health, according to studies, and a balanced diet (RDA) can help minimize disease risk. This is posing a positive impact on the fortified yeast market in various parts of the world.

Positive consumer perceptions of salt-free or low-sodium food products’ significance in blood pressure management promote sales of salt-free foods. Fortified yeast has a low sodium level by nature, and manufacturers of nutritional yeast are expected to profit handsomely from the current trend.

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Key Takeaways from the Nutritional yeast Market Study:

• North America is the leading region for the fortified yeast market, owing to the growing number of vegetarians and vegans who are gravitating toward nutritional yeast products, which is fueling the industry’s growth. North American nutritional yeast market stands at a market value of USD 26.4 Mn in 2022.
• Fortified yeast products are gaining a positive reputation because of social media platforms like Instagram and Twitter. Food bloggers are pushing other goods, such as fortified yeast, and posting new recipes that employ nutritional yeast.
• In EFSA’s evaluations of the safety of nutrient sources added to food supplements, the ULs defined by EFSA and the former Scientific Committee on Food (SCF) are used as a reference under EU regulation. EFSA assists the European Commission in determining maximum limits for vitamins and minerals in dietary supplements and fortified foods throughout this process.
• Northern & Eastern Europe fortified yeast market stands at a market value of USD 23.7 Mn in 2022 and is expected to rise at a CAGR of 6% by 2032.
• The most important factors of choosing fortified yeast products are freshness (taste or smell), quality, and price. The importance of the price grows with the increasing age of respondents and decreases with the increasing income of questioned consumers.

“The players in the fortified yeast market can keep a stronghold on the developments in the market posing opportunities for application of fortified yeast. 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.

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Who is winning?

Key players operating in the global fortified yeast 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 fortified yeast are Quantum Nutrition Labs, Angel Yeast, Alltech, Lesaffre, Bob’s Red Mill Natural Foods, Kadac Pty Ltd., Bioforce Canada Inc., NOW Foods, Lallemand Inc., Cypress Ingredients, and Other.

Get Valuable Insights into Fortified Yeast Market 

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

Fortified Yeast Market by Category

By Nature, Fortified Yeast Market is Segmented as:

• Organic
• Conventional

By Form, Fortified Yeast Market is Segmented as:

• Powder
• Flakes
• Tablet
• Capsule

By Application, Fortified Yeast Market is Segmented as:

• Food & Beverage
  • Bakery & Confectionery
  • Beverages
  • Soups, Sauces, & Seasonings
  • Functional Foods
• Dietary Supplements
• Personal Care
• Other Applications

By Region, Fortified Yeast Market is Segmented as:

• North America
• Latin America
• Western Europe
• North & Eastern Europe
• APEC
• MEA

Frequently Asked Questions

• How big is the Fortified Yeast Market?
• What is the North America Fortified Yeast Market Outlook?
• At What Rate will Fortified Yeast Demand Grow in Western Europe?
• What Are the Key Trends Shaping the Fortified Yeast 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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Nutritional yeast market size exceeded USD 201.4 Mn in 2022 and is estimated to grow at over 14.0% CAGR between 2022 and 2032.

Nutritional yeast market witnesses high demand as a result of changing consumer preferences with regards to their choice of food. In the last few years, consumers have become more selective about their food choices showing inclination for healthier, better quality food and ecological food products. To maintain a healthy lifestyle, they are following a proper diet. As a result the demand for gluten-free, organic and salt-free products is rising in comparison to traditional full course meals. Nutritional yeast is gluten-free and salt-free. It is also a rich source of proteins, minerals and vitamins due to which its demand is growing rapidly among health-conscious, vegan and aged population. The nutritional yeast market is projected to rise at a CAGR of ~14 between 2019 and 2029, Future Market Insights foresees stable growth for the market.

Key Takeaways from the Nutritional Yeast Market Study

• Governmental and para-governmental authorities in collaboration with prominent manufacturers in the nutritional yeast market are conducting extensive research and development activities to aid sustainable development. Global research and development spending has reached a record of US$ 1.7 trillion, out of which 80% is accounted by 10 countries. The United States, Germany, Canada, Japan, China, France, India, and the United Kingdom are some of the countries with high research and development spending. For instance, Lallemand research and development has launched an innovative strain of yeast YANG, derived from the association of two different strains of yeast, S. cerevisiae and C. jadinii, in specific fractions. This innovative strain is used as an animal feed ingredient to enhance immune response.
• Inactive dried nutritional yeast can be used as an effective ingredient in animal feed to boost nutritional content. Ready availability of inactive dried nutritional yeast and the growing awareness regarding the benefits of inactive dried nutritional yeast as an animal feed ingredient support growth of the global nutritional yeast market.
• Consumers perceive organic products as safer and healthier when compared to traditionally and conventionally manufactured products. This encourages manufacturers to expand their product portfolio to include certified organic offerings, which is anticipated to help them strengthen their market positions. Production of organic nutritional yeast requires use of organic molasses, organic grains, and plant-derived ingredients as a source of sugar, nitrogen, and other key ingredients. While organically produced nutritional yeast occupies a niche percentile in the current global market scenario, demand for these products is expected to grow, attributable to increasing market penetration in Europe and North America, where the organic trend is gaining significant momentum.

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Social media sites such as Instagram and Twitter are creating a favourable perception about nutritional yeast products. Food bloggers are sharing new recipes using nutritional yeast. As nutritional yeast has a cheesy taste and is both a vegan and gluten-free ingredient, it is gaining traction among consumers on social networking sites. Rapidly increasing use of smart phones and smart gadgets in untapped areas influences consumers in these regions subsequently creating awareness about benefits of using nutritional yeast in food preparation. The demand for gluten-free food products is rising in the global food and beverages market, which is attributable to rising prevalence of celiac disease on a global scale. The consumption of organic, salt-free, vegan and plant-based protein products is increasing across the globe. The use of inactive dried nutritional yeast is increasing in animal feed.  As a result of these factors, the demand for nutritional yeast is increasing rapidly.

“The increasing application of nutritional yeast in various segment such as food & beverage, dietary supplements, animal feed, and personal care drives the market. Increasing focus on animal welfare has spurred vegan population. This in turn drives the nutritional yeast market,” says an FMI analyst.   

Who is winning?

Some of the key players operating in the nutritional yeast market are Angel Yeast Company Ltd., Alltech, Lallemand Inc., Lesaffre, Cypress Ingredients, Bioforce Canada Inc., Bob’s Red Mill Natural Foods, NOW Foods, Kadac Pty Ltd., Quantum Nutrition Labs and others.

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Several leading players in nutritional yeast market are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain a competitive advantage.

• In 2016, Lallemand Inc. acquired Lage y Cía. The newly-acquired company will be included in Lallemand Plant Care, the company’s business unit focused on the use of yeasts, bacteria and fungi as biocontrol, biostimulant and biofertilizer agents in agriculture, horticulture, and forestry. The aim behind the acquisition was to expand the business footprints in Latin America, to increase the production capacity and bolster its research and development activities.
• In 2018, Lesaffre acquired Alltech’s yeast extract facility in Serbia. The aim behind the acquisition was to strengthen the Lesaffre presence in the nutrition and health market and to increase the production capacity.

Get Valuable Insights into Nutritional Yeast Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global nutritional yeast market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the nutritional yeast market based on the product type (inactive dry yeast, fortified yeast and revivable yeast), nature (organic and conventional), form (powder, flakes, tablet, capsules), applications (food & beverages, dietary supplements, personal care, animal feed and other applications), sales channel (B2B and B2C) across seven major regions.

The global nutritional yeast market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• Inactive Dry Yeast
• Fortified Yeast
• Revivable Yeast

Nature

• Organic
• Conventional

Form

• Powder
• Flakes
• Tablet
• Capsule

Application

• Food & Beverage
• Bakery & Confectionery
• Beverages
• Soups, Sauces & Seasonings
• Functional Foods
• Dietary Supplements
• Personal Care
• Animal Feed
• Other Applications

Sales Channel

• B2B
• B2C
• Modern Trade
• Specialty Store
• Convenience Store
• Online Retail
• Other Sales Channel

Frequently Asked Questions

• How big is the Nutritional Yeast Market?
• At What Value does Nutritional Yeast Market Stand in North America?
• At What Value does Nutritional Yeast Market Stand in Europe?
• What Are the Key Trends Shaping the Nutritional Yeast Market?

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About Future Market Insights (FMI)

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

Contact: 

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Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

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The sales of Yeast Extract is estimated to be valued at US$ 4,318.0 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 8,707.7 Mn by 2032, rising at a CAGR of 7.3% for 2022-32.

Yeast extract is in high demand, accounting for more than 70% of overall consumption. By 2032, revenues of edible yeast derivates are expected to reach USD 8,707.7 million, showing that market players will tend to be engaged in this product line. However, the increasing development of the worldwide feed business is raising yeast derivate exports, which will grow at a quicker rate from 2020 onwards.

North America is now the fastest-growing area for yeast extract, with the United States contributing for nearly half of the region’s sales. Because of the prevalence of luxury food items and changing living conditions, the global market value of yeast extract in Asia Pacific will exceed that of America by 2022.

In the food and beverage business, yeast extract is becoming increasingly frequently utilised as a supplement, and it will continue to draw major investment. Within the end-use category, autolyzed yeast extract adoption is still highest in sauce and savoury flavourings, followed by processed foods and dairy products.

Yeast Extract is a dietary flavouring ingredient derived from yeast that is used in the production of bread and beer. It’s found in a variety of products, including sauce and various foods like cheese. The flavour produced by yeast extract is known as “umami.”

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Adding sugar to yeast in a heated atmosphere is used to make yeast extract. The external coating of yeast starts to soften as its walls strive to expand. This mixture is centrifuged, and the yeast walls that have come free are swept away.

The market is expected to grow due to increased consumption for bakery food items and an increase in the consumption of alcoholic beverages.

In addition, rising consumer demand for nutritious, healthy produce created with natural ingredients is likely to enhance demand. Over the projected period, the yeast extract market is predicted to grow due to the easy resource availability such as saccharides as well as other sugar compounds at a fair price.

A variety of yeast products, as well as their constituents, are extensively used and commercially made and sold. Yeast has recently been used commercially in animal feed all around the world. Several studies have been undertaken to assess animal health and performance following the use of yeast extracts in diet.

Key Takeaways from Market Study

• The yeast extract market is expected to expand at CAGRs of 8.2% and 7.4% in America and the APAC, respectively, through 2032.
• Europe market currently holds 24% share of the total yeast extract marketplace.
• Dry yeast is also used in probiotic, either alone or in conjunction with beneficial bacteria, to give nutritional advantages. Nutritional yeasts include adequate protein and amino acid compounds that are typically greater than grains and oil seed diets.
• Yeast extract sales are increasing globally due to rising customer demand for healthy foods.
• Due to the severe COVID-19 crises, the industry for yeast extract was directly impacted, causing a trade stagnation. Nevertheless, with financial systems giving possibilities and growing customer desire for safe and healthy produce, the industry is likely to rise significantly.

“yeast extract producers would make a fortune if they focused the snack industries. Because of the increased demand for snacks throughout the world, the flavouring agent business might be a viable market for yeast extract.,” says a Future Market Insights analyst.

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Competitive Landscape

Key players in the yeast extract market are concentrating their efforts on research & innovation in aims to enhance the quality of their offerings.

• Angel Yeast Co., Ltd, that is a Chinese high-tech yeast firm, has announced the establishment of a joint venture company to spend USD 15.4 million in the acquisition of Shandong Bio Sunkeen Co, Ltd’s yeast-related assets. The firm hopes to improve its manufacturing capacity as well as solidify and enhance its position in the industry by doing so. As the industry continues to develop, the purchase of Bio Sunkeen will enable the firm to quickly solve possible capacity shortfalls.
• Associated British Foods which is an international food, has confirmed that this has signed an agreement with W Jordan & Son Limited, a UK morning cereals and cereal bar company, to combine the Jordans and Ryvita crispbread and nutritious snacking businesses. The merger of Jordans and Ryvita will establish Jordans and Ryvita as a market leader in the provision of goods to fulfil rising customer usage of natural additives and healthy eating.

Market Segments Covered in Yeast Extract Market Analysis

By Grade :

• Food Grade
• Feed Grade

By  End Use :

• Food and Beverages
  • Soups
  • Processed Food
  • Dairy Products
  • Bakery
  • Sauces & Savory Flavors
  • Non-alcoholic Beverages
  • Alcoholic Beverages
• Animal Feed
• Pharmaceuticals
• Microbial Nutrients
• Cosmetics & Personal Care
• Others (Biofuel & Biomass Production)

By  Region :

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

Frequently Asked Questions

• What is the level of competition in the market for yeast extract?
• Which end-use segment provides the most profitable growth potential for industry participants?
• Which region will account for the majority of global yeast extract sales?
• In the next 10 years, which grade of yeast extracts will sell the most?
• In the future years, which trend will boost the yeast extract market?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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 Fish powder market size exceeded USD 8.7 Bn in 2022 and is estimated to grow at over 7.4% CAGR between 2022 and 2032.

In the last few years consumers have become more selective about their food choices. Rising awareness among consumers has spurred the demand for prefer healthier, better quality and ecological food products. Fish is a widely available nutrient rich food source with high protein, minerals and vitamin content. Therefore, fish consumption has considerably increased over the years

Key Takeaways from the Fish Powder Market Study

• According to the report, several manufacturers are expanding their global footprint through acquisition of major regional players. This is also intended to expand their product offerings and increase the number manufacturing facilities. Currently key players are focusing on opening innovative development centres to boost manufacturing capabilities in the targeted country and improve their global presence.
• Since there is limited production of fish powder, leading manufacturers are now focusing on improving their distribution base in the global market in order to make sure the product is readily available to its target customers.
• Among various end-use segments, the usage of fish powder in animal feed is most common. Owing to the increasing health awareness and growing preference for processed food/diet with low fat, sugar, salt and high protein content, the demand for fish powder is considerably rising in the food & beverages segment.
• Technologies that are expected to gain prominence in the upcoming years are influenced   by various macroeconomic factors that may also change the course of growth. Also, emergence of new technologies is likely in the near future. These technologies can replace the existing ones or render their traditional counterparts completely obsolete. The financial situation and the company’s manufacturing these products will select the course of the growth of these technologies

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“Key players are anticipated to focus on improving their horizontal integration to reduce the uncertainties associated with the supply of consistent quantity and quality of raw materials. Furthermore, upcoming entrants in the fish powder market are specifically expected to focus on incorporation of more advanced processing technologies mainly which are environment friendly as well as economical to grow as a leader in the market.” says an FMI analyst.

The consumption of fish has markedly increased on account of promotion campaigns undertaken and increasing consumers concerns regarding healthy and sustainable life. In addition to this, factors such as population growth, increase in per capita disposable income, healthy food consumption trend, and urbanization also have a positive impact on the market.

The demand for pet foods offering high protein, low carbohydrates and grain free diets is persistently increasing. In addition to this, there is a rise in the number of pet food products with “limited ingredients” and “novel ingredients” with an expanding “No” list of wheat, corn, soy, potato, beet pulp, beef and other byproducts.  As a result these factors, fish meal has been quite popular among pet owners since the last few years.

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Who is winning?

Some of the key players operating in the fish powder market are Omega Protein Corporation, Bio-marine Ingredients Ireland Ltd., Scanbio Marine Group AS, Bio-Oregon Protein, Inc., TripleNine Group A/S, Sopropeche S.A., Alaska Protein Recovery LLC., Titan Biotech Limited, A Costantino & C. S.P.A., Oceana Group Limited S.A., Empresas Copec S.A., Ff Skagen A/S., Biomega AS., Sardina D.O.O., Pesquera Diamante S.A., Austevoll Seafood ASA., Colpex International S.A.C., Symrise AG, and others.

Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.

• In 2015, Oceana Group Limited S.A. acquired the fishing business of Foodcrop Limited. This acquisition deal was carried out through an investment of around US$ 34.5 Mn. This acquisition is entitled to pelagic fishing rights, which is expected to benefit the group enabling expansion of its fishmeal production capacity.
• In October 2017, FF Skagen AS acquired Skagerak Pelagic from Skagerak Group. Through this acquisition it entered into the market of pelagic fish for human consumption. Skagerak Pelagic is Denmark’s largest producer of herring for human consumption, producing around 30,000 metric tons of finished herring products.

Get Valuable Insights into Fish Powder Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global Fish Powder market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the Fish Powder market based on the product type (fish meal powder and fish protein powder), end user (food & beverages, cosmetics & personal care, sports nutrition & dietary supplement, pharmaceuticals, fertilizers, and animal feed (animal feed segment is further categorized into aqua feed, poultry, and swine)), and distribution channel (B2B and B2C (B2C is segmented into Store based retailing and online retailing) across seven major regions.

Frequently Asked Questions

• How big is the Fish Powder Market?
• What is the North America Fish Powder Market Outlook?
• At What Rate will Fish Powder Demand Grow in Europe?
• What Are the Key Trends Shaping the Fish Powder Market?

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About Future Market Insights (FMI)

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

Contact: 

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T: +1-845-579-5705

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Majorly driven by application in food & beverages, cosmetics & personal care, and feed industries, global tissue cultured date palm market surpassed a value of US$ 4.5 Bn in 2019. The market is further projected for a robust growth outlook through 2027.

Tissue cultured date palm plants are of superior and uniform quality and are from a known and selected origin. Tissue cultured date palm plants grow rapidly with negligible losses and produce a higher quantity of fruits as compared to traditionally propagated plants. Tissue culture technology enables the supply of tissue culture plants in large quantities at a planned date throughout the year, therefore it is known as season free planting material. Tissue cultured date palms are healthy and are more resistant to diseases. These factors continue to fuel inclination of date palm cultivators towards tissue culture technology.

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Key Takeaways – Tissue Cultured Date Palm Market Study

• Tissue cultured date palm plants have ability to establish large scale farms in a shorter period of time than traditional methods. Use of tissue cultured date palm plants increases the efficiency of farming, lowers cost and makes operations more profitable to farmers. Due to these factors, the demand of tissue cultured date palm plants is increasing rapidly.
• Consumers are becoming conscious about the source of the raw material used in the end product and the need for high quality products. Tissue cultured date palm plant is healthy and disease free plant and is obtained from known source.
• Tissue cultured date palm plants produce high quality fruits as compared traditional plants due to which their demand is increasing in the food and beverage industry.
• In the North America, the demand for Medjool is increasing rapidly because tissue cultured date palm is used as an ornamental plant in subtropical and tropical climates, such as those in southern California and Florida. These trees are commonly seen along roadsides, parking lots and shopping centers. The demand for elite variety of Kutch is more as compared to other varieties across the globe which manufacturer only in Asia Pacific.
• The Middle East and Africa holds major share in the tissue cultured date palm market. A large number of players are entering the tissue cultured date palm market in the Middle East and Africa. Date palms are known as wonder tree of the dessert. Weather in the MEA is suitable for the tissue cultured date palm plants due to which the production of tissue cultured date palm is more in MEA than any other region.

Tissue cultured date palm plant increases the production capacity of the fruits as well it is season-free and produces extremely high quality products due to which its demand is increasing across the globe. The use of tissue cultured date palm is economical as compared to traditional method.

M&A and Online Retail – Key Winning Imperatives

The global tissue cultured date palm market is primarily characterized by the presence of a large number of local and regional players. Local players account for a fair share of 15-20%. The global tissue cultured date palm market is characterized as highly organized in developed and developing economies. The key players operating in the tissue cultured date palm market are focusing on launching different varieties of tissue cultured date palm to expand their customer base.

Manufacturers of tissue cultured date palm are investing in research and development to expand their product portfolio. Major players of tissue cultured date palm are focusing on offering different varieties of tissue cultured date palm plants. Very few players use ecommerce website to sell their products. Players should therefore focus on utilizing the power of online channels to increase their sale, to increase their brand awareness and to increase their consumer base. Manufacturers in the tissue cultured date palm market are investing in the mergers, acquisitions and strategic joint venture to increase their geographical presence and production capacity.

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Know More About the Tissue Cultured Date Palm Market Report

Future Market Insights, in its new offering, provides an unbiased analysis of the global tissue cultured date palm market, presenting historical demand data (2013-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the tissue cultured date palm based on the Nature (male inflorescences and female inflorescences), variety (medjool, barhi, deglet noor, male barhi, elite varieties of Kutch and others) across seven major regions.

Frequently Asked Questions

• What is the Growth Outlook for the Tissue Cultured Date Palm Market?
• By 2032, How Much can the Tissue Cultured Date Palm Market Grow?
• What is the Current Valuation of the Tissue Cultured Date Palm Market?
• Which Region is likely to Lead the Tissue Cultured Date Palm Market?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The Vegan Pasta Market is estimated to be valued at USD 176 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 416.7 Mn by 2032, rising at a CAGR of 9% for 2022-32.

Veganism’s growing popularity, consumers’ preference for a healthy diet, rapidly changing lifestyles, less preparation time, the availability of a diverse range of vegan pasta, and vegan pasta’s status as a high-quality and healthier product all contribute to the market’s expansion.

Despite the fact that competition has increased due to the entry of many new players, the fact that vegan pasta is a premium product with a high price can stifle market growth for vegan pasta. This misunderstanding of vegan products and their health benefits also stifles the global expansion of the vegan pasta market.

The global vegan pasta market, on the other hand, is expanding due to an increase in the number of consumers who prefer vegan food, changes in consumer eating habits toward healthier foods, internet penetration as a distribution channel, and increased awareness about vegan products. In addition, the introduction of new types of vegan pasta, as well as improved marketing strategies, are some of the other opportunities fueling the global vegan pasta market growth.

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Key Takeaways from Market Study

• The global vegan noodle market is expected to be dominated by China. Vegan foods, vegan ingredients, and vegan noodles are becoming increasingly popular among consumers in the country.
• The growing vegetarian population in India is expected to drive the growth of the vegan pasta market in the coming years.
• As the number of consumers increases in the United States, online retailers make appealing offers such as discounts and free delivery schemes to reduce the hassle of shopping, thereby increasing demand for vegan pasta.
• Brazil remains one of the most prominent vegetarian nations. This is expected to increase market demand for vegan pasta in the country.
• In the United Kingdom, a predominantly meat-eating country, approximately 160,000 people declared themselves vegan in 2017, with an additional 700,000 declaring themselves vegan by 2021. Veganism has grown in popularity over the years, so the market is expected to expand during the forecasted period.

“Pasta, the most popular convenient food, is becoming more popular in the vegan market. Several well-known brands have begun to offer various types of vegan pasta, accelerating the global vegan pasta market’s growth,” says a Future Market Insights analyst.

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Competitive Landscape

Key players in the vegan noodles market are focusing their efforts primarily on emerging countries, which offer numerous lucrative opportunities for the vegan noodles market. The major players in the vegan noodles market are constantly introducing new products that are tasty and come in a variety of flavours.

• Barilla acquired Catelli, a Canadian company, in February 2021. The company’s dry pasta plant in Montreal is included in the acquisition (Quebec).

Some of the key players in the vegan noodles market include Cece’s Veggie Co., Nissin Food Products Co. Ltd., Myramen Inc., Dr. McDougall’s Right Foods, Lotus Foods Inc., House Foods America Corporation, Barilla G. e R. F.lli S.p.A, Nongshim America, Inc., and Marzetti Company.

Explore More Valuable Insights

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

The study offers compelling insights based on category (Fresh, Dried) nature (Organic, Conventional) source (Wheat, Rice, Legumes, Buckwheat, Oats, Others (Fava Beans, Quinoa, etc.)) product (Penne, Spaghetti, Elbows, Fettuccine & Linguine, Filled Pasta, Others (Angel Hair, Farfalle, etc.)) packaging (Boxes, Trays, Packets & Pouches) distribution Channel (Direct (B2B), Indirect (B2C), Hypermarkets/ Supermarkets, Convenience Stores, Discount Stores, Food and Drink Specialty Stores, Independent Small Groceries, E-Commerce (Online Retail)) region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa).

Frequently Asked Questions

• What is the value of vegan pasta market in 2021?
• What is the future growth rate of the vegan pasta market in the forecast period?
• What is the inferred global demand for vegan pasta over the forecast period?
• Who are the prominent players in the global vegan pasta market?
• Which are the countries contributing in the expansion of vegan pasta market?
• At what level does the report reflect pricing analysis?

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About Future Market Insights (FMI)

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

Contact: 

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Newly released data from silk protein market analysis by Future Market Insights show that the silk protein market is valued at USD 0.6 Bn in 2022. It is set to grow at 5.9% CAGR through 2032.

Silk protein is used in eye cosmetics and eye drops to make them free of toxic chemicals that cause eye discomfort and hair loss in the lashes and eyebrows. Silk protein, which can be found in mascara, brow makeup, and eye drops, could be a solution to these issues.

These products will help consumers maintain a suitable volume of hair while also adding to their appearance because they promote hair development.

Similarly, these are used to manufacture moisturisers, facial toners, face masks, soap, body wash, and a variety of other products that help the skin fight early ageing and hydrate it to make it look shinier, younger, and more beautiful.

The need for silk protein in industries such as cosmetics & personal care, textiles, pharmaceuticals, and nutraceuticals is propelling the worldwide silk protein market forward. Silk protein’s oligopeptides and other helpful components, such as amino acids, are rapidly being adopted in the production of beauty goods such as body lotion, shampoo, lotions, and serum.

The market for silk protein is growing due to increased research into two silk types, Sericin and Fibroin, for their potential use in the pharmaceutical industry. However, the high price of silk protein, which is a result of the high cost of silk manufacturing, could be a major stumbling block to the worldwide expansion of the silk protein market.

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Key Takeaways from Market Study

• Europe is the most important region in the silk protein market, accounting for 25.7 percent of the global market. In comparison to other European countries, Poland is likely to provide a relatively large part of the silk protein market.
• The global silk protein market is a market with a moderate level of competition. Tier-1 players control approximately 35 percent to 40 percent of the market.
• Manufacturers are concentrating on certain techniques, such as acquiring small businesses that have long been active in the silk protein sector. These acquisitions can help them expand their regional and local markets, as well as gain consumer trust.
• Manufacturers are also expanding their market presence by introducing new silk protein-based goods. In a nutshell, they aim to attract customers by offering unique and rich items made from natural elements or ingredients.
• “Collaborations, mergers and acquisitions, product and technology innovation, and investment in R&D are just a few of the key growth strategies being used by major market players in the global silk protein market.”says a lead analyst at Future Market Insights.

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Who is Winning?

Haircare, toiletry, skincare, lip care, colour cosmetics, and pharmaceuticals are just a few of the potential uses for silk protein. The expanding use in haircare products is projected to result in higher market share, while skincare adoption continues to account for comparatively large sales.

For example, Swisse Wellness, a well-known Australian personal care, vitamin, and supplement firm, released a line of jelly supplements in the United States in 2019. Cera-Q, a silk protein hydrolysate proven to promote cognitive capabilities, is used in the company’s “attention boost jelly,” which is claimed to support brain function and memory.

Some of the leading companies offering silk protein are SilkTech Biopharmaceuticals Huzhou Aotesi Biochemical Huzhou Xintiansi Bio-tech Co., Ltd. Kraig Biocraft Laboratories, Inc. (Trading Symbol: KBLB) Evolved by Nature (previously Silk Inc.) Bolt Threads AMSilk GmbH Universal Preserv-A-Chem Inc., Proteina, and SUBONEYO CHEMICALS PHARMACEUTICALS PRIVATE LIMITED.

Get More Valuable Insights

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

The study divulges compelling insights on silk protein based on product (sericin, fibroin), form (powder, oil), application (haircare, skincare, eye care, color cosmetics) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Frequently Asked Questions

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

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Recent evidences showcasing health benefits of coconut milk products, coupled with consumer preference for a vegetarian diet are driving coconut milk products sales, finds Future Market Insights (FMI) in a study. According to the report, the coconut milk products market will reach a valuation of US$ 285.6 Mn by 2021. The demand in the market will continue rising as an increasing number of consumers showcase inclination for plant-based food and beverages.

Other factors such as rapid urbanization, rising number of health-conscious consumers, increasing disposable income of consumers, and their changing lifestyles especially in developing countries are expected to be a major driver for the growth of the food processing industry. Coconut milk products help in the formation of hemoglobin as they contain iron and also help in improving the health of patients suffering from anemia. Coconut milk products also strengthen immune system against various microorganisms because they have various anti-bacterial and anti-viral properties. Increasing awareness about various health benefits of coconut milk products and consumer preference for a vegetarian diet, will drive the market.

The hectic lifestyle of people has increased the demand for ready to eat foods and processed food products. Increasing use of coconut milk powder for enhancing the functional and nutritional value, shelf life, and quality of the product will create growth opportunities in the market. According to the report, coconut milk powder accounts for over 80% of sales in the market.

Coconut milk products are used in the preparation of nutritional foods and also used as a dietary supplement because of their high nutritional content. Increasing application in the food and beverages sector will continue driving sales.

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Key Takeaways from the Coconut Milk Products Market Study

• Increasing focus on health and wellness will push coconut milk product sales at 7.6% between 2021 and 2031
• As a result of rising cases of obesity and diabetes, the U.S. is exhibiting high demand for plant-based food and beverages. It will account for over 88% of coconut milk products sold in North America in 2021
• Expansion of the food sector, especially growth in confectionaries and bakeries will drive sales in the U.K. at above 7% in 2021
• Indonesia and India will emerge as key markets for coconut milk products in South Asia. Increasing coconut production will seal Indonesia’s dominance
• China will account for maximum coconut milk product sales in East Asia. Increasing demand for plant-based food items will drive sales in the country

“The increasing demand for food with high nutritional value and longer shelf life has been a key factor pushing application of coconut milk products in the food processing industry. With focus on health expected to rise, the market for coconut milk products will exhibit impressive growth in the coming years,” said a lead analyst at FMI

Vegan Food Popularity a Blessing for Coconut Milk Products Market

Vegan food is gaining popularity among consumers as a result of environmentally sustainable plant cultivation. Despite the fact that vegan food is an expensive commodity, consumers are willing to pay more for it because they want to follow safe and healthy eating habits and care about the environment. Vegan food products are becoming more common in developed and developing countries as consumers have become more aware of food safety and quality. This will have a positive impact on coconut milk products market, driving sales as a sought-after dairy alternative.

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Who is winning?

Some of the leading companies involved in coconut milk products are Thai Coconut Public Company Limited, Nestle S.A., The Sambu Group, Pacific Foods of Oregon, Celebs Coconut Corporation, Grace Kennedy Limited, Asiatic Agro-Industry, Monty and Totco Corporation Limited, McCormick & Company Incorporation, Primex Coco Products Incorporation and others.

Product launches remain a chief strategy among market players. For instance, Nestlé S.A launched Nespray Coco-Up in Sri Lanka in 2018.

Get Valuable Insights into Coconut Milk Products Market

Future Market Insights, in its new offering, provides an unbiased analysis of the coconut milk product market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the coconut milk products market based on By Product Type (Coconut Milk Powder and Coconut Cream Powder), By Nature (Organic and Conventional), By End-Use (Food and Beverage Processing, Personal Care and Cosmetics, Functional Foods and Dietary Supplements, Foodservice/HoReCa and Household), by distribution channel (Direct Sales/B2B, Indirect Sales- Hypermarkets/Supermarkets, Convenience stores, Mass Grocery Retailers, Specialty Stores and Online Retailing) across seven major regions (North America, Latin America, Europe, East Asia, South Asia, MEA and Oceania).

Frequently Asked Questions

• Which type of coconut milk products is preferred more?
• What are the key factors driving the coconut milk products market?
• Which are some of the leading companies offering coconut milk products?
• Which is the leading market for coconut milk products?

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

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Newly released data from Food Testing Services Market analysis by Future Market Insights shows that the global Food Testing Services Market size is estimated at USD 20 Billion. It is expected to grow at a CAGR of 8.5% for the forecasted year 2022-2032. It is also estimated that the market size will reach USD 30 Billion by 2032.

Food Testing Service are in high demand due to the growing threat of foodborne diseases, adulteration, and toxicity. Every year, one out of every ten people becomes ill from a foodborne illness, with children under the age of five being the most vulnerable.

Each year, approximately 450,000 people die as a result of eating contaminated food, according to the World Health Organization (WHO). These factors highlight the importance of increased care and the construction of more food-safety facilities.

In developed countries, the Food Testing Services market is being driven by rising consumer interest in food quality and technological advancements. Through safety certifications and compliance, food processing companies and foodservice organizations are gaining consumer trust. Increased consumer interest in food safety and quality issues, as well as the ability to quickly share these issues via social media, combined with expanding regulatory resourcefulness, such as the Food Safety Modernization Act (FSMA), are raising the importance of testing.

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Key Takeaways from Market Study

• The United States dominates the global market for food safety testing. The strict regulations imposed by regulatory bodies are a major factor driving the growth of the food safety testing market in the United States.
• The high occurrence of food safety incidents in China, rising food exports from China, and globalisation of food trade are driving market growth.
• Because India is the world’s largest milk producer, rigorous Food Testing Services is required before any dairy products are exported or even consumed in India.
• Spain is currently driving global market growth and will do so in the future.
• Japan is one of the most technologically advanced countries in the world. This helps Japan’s Food Testing Services industry grow by allowing for better R&D and, as a result, better measures.

“During the COVID-19 pandemic, there was an increase in the demand for food safety testing as food manufacturers offered virus-proof food products to consumers in order to gain a competitive advantage over other market players. Furthermore, in the face of an increasing virus threat, government officials are ensuring food product safety,” says a Future Market Insights analyst.

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Who is winning?

Over the last four years, the leading market participants in the overall food safety testing market have implemented key strategic developments.

• Eurofins Scientific, in collaboration with Nestle Research (Lausanne, Switzerland), developed a new method for identifying fructans in infant formulas and adult nutrition in October 2020. The method had received official standard status from the world’s leading standardisation organisations, including AOAC, ISO, CEN, and IDF.
• SGS SA’s partnership with RLP AgroScience will benefit the company’s development of more complex, tailor-made experimental designs for pesticides, chemicals, biocides, and human/veterinary drugs in February 2021.
• Bureau Veritas, in collaboration with Leela Palaces (India), launched the “Surakhsha” initiative in May 2020 to provide high standards of food safety and hygiene while also leveraging technological services to maintain hygiene standards.

SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins Scientific S.E. (Luxembourg), Thermo Fisher Scientific Inc. (U.S.), ALS Limited (Australia), Bureau Veritas SA (France), Merieux NutriSciences Corporation (U.S.), and others are among the key players profiled in the global food safety testing market.

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Explore More Valuable Insights

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

Market Segments Covered In Food Testing Services Industry Analysis

Type:                    

• Pathogens
• Salmonella
• Campylobacter
• E.coli
• Listeria
• Others
• Pesticides
• Genetically Modified Organism (GMO)
• Toxins
• Others

Technology:

• Traditional
• Rapid
• Polymerase Chain Reaction (PCR)
• DNA Sequencing/NGS
• Immunoassay
• Chromatography
• Spectroscopy

Food Tested:

• Meat, Poultry, and Seafood
• Processed Food
• Fruits & Vegetables
• Dairy Products
• Cereals & Grains
• Others

Region:

• North America
• Europe
• Asia-Pacific (APAC)
• Rest of the World

Frequently Asked Questions

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

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The flavour capsule cigarette market size is expected to surpassed US$ 8963.5 Mn in 2020, as per latest insights by Future Market Insights (FMI). Surge in sales is expected as cigarette consumption continues increasing on a global scale. Against this backdrop, FMI projects positive flavour capsule market demand outlook. Between 2021 and 2031, the market is forecast to rise at a CAGR of 11.6%.

The market exhibited impressive 11.7% year-on-year growth between 2020 and 2021. Growth is anticipated to remain healthy, with the market surpassing US$ 26763.1 Mn in valuation by 2030. Menthol flavour capsule cigarettes will emerge as top-selling product, accounting for over 52.5% of revenue generated in the market through 2031.

The results of a cohort analysis using data from the American Legacy Longitudinal Tobacco Use Reduction project showed that starting with menthol cigarettes was linked to progressing to regular smoking, which resulted into frequent purchases from the smoker, boosting market prospects.

While most capsule technologies are used for hybrid (regular-to-menthol) or menthol-to-menthol spheres, exotic goods with regulatory permits, could point to previously unexplored opportunities. Various regulatory bodies and authorities have played a vital role in the growth or limitation of the flavour capsule cigarettes and will remain important for the foreseeable future.

Key Takeaways from the Flavour Capsule Cigarette Market Study

• Menthol capsule cigarettes hold a substantial market share of more than 55% in 2021 with CAGR of 9.3%, owing to consumer preference on a global scale.
• Single capsule products represent around 70% of the market in 2021, supported by lower costs and ease of production.
• Chile is emerging as one of the most attractive markets, accounting for over US$ 814 Mn in 2021.
• Japan is proving to a lucrative market, accounting for more than 41% of sales in East Asia in 2021.
• Indonesia reflects high potential for growth, with a CAGR of 15.6% through the end of 2031.

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“Manufacturers operating in the flavour capsule cigarette market are aiming to reduce the health impacts of tobacco by offering consumers a wider choice of new products with a greater variety of flavours. Through this they also intend to increase sales and broaden customer access, which is likely to bolster sales in the market in the foreseeable future,” said a lead analyst at FMI

Flavour Capsule Cigarettes Pose Threat to Smoke-Free Goals

Smoke-free aims are jeopardised by flavoured capsule cigarettes. When these capsules are crushed, they impart a flavour (fruit, menthol or any other flavour) to the cigarette smoke inhaled. This form of cigarette allows users to tailor their smoking experience while reducing the harshness of conventional tobacco smoke.

Non-smokers who are susceptible to nicotine addiction find flavour capsules enticing and are likely make purchases. Tobacco firms have lately made emphasized on efforts to make the globe smoke-free. These statements, however, are at odds with their product advancements, which make smoked tobacco products more enticing to non-smokers.

Who is winning?

Some of the key manufactures of flavour capsule cigarettes are Camel Double, Chesterfield, Craven a Click, Dunhill, Esse, Fortune Tribal, Harmony, Hollywood, Imperial Tobacco (Winston), Insignia, ITC (Gold flake), Kent, L&M, Lucky Strike, Marlboro and Pall Mall.

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Companies are launching a variety of new products in order to attract customers and entice especially younger generations as they are more into trying new flavours to create gate experiences.

For instance, Japan Tobacco Inc. declared in 2018, introduction of two novel products from Winston named “Winston Compact Menthol Purple 5 Box” and “Winston Compact Menthol Purple One Box”.

Get Valuable Insights into Flavour Capsule Cigarette Market

Future Market Insights, in its new report, presents an unbiased analysis of the global flavour capsule cigarette market, covering historical demand data and forecast figures for the period between 2021 and 2031. The study reveals persuasive insights into growth witnessed into the market. Based on flavour, the market is segmented into menthol flavoured, clove flavoured, fruits flavoured and others. Product type are segmented into two sections such as single capsule and double capsule. On the basis of price change, the market can be segmented into economy and premium. Based on distribution channel, the market can be segmented into direct sales and indirect sales.  Regionally, the market study covers North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa (MEA).

Frequently Asked Questions

• What is flavour capsule cigarette market size?
• At what rate did the flavour capsule cigarette market expand in the last five years?
• What are the key trends shaping the flavour capsule cigarette market?
• What are the key factors driving flavour capsule cigarette market demand?
• What is the North America flavour capsule cigarette market outlook?
• Which countries are key producers of flavour capsule cigarettes?
• What is the cumulative share of top companies in the flavour capsule cigarette market?
• Which countries are key exporters of flavour capsule cigarettes?
• Which are the top countries driving demand for flavour capsule cigarettes?
• What are the key statistics for flavour capsule cigarette market in Japan and South Korea?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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