Natural Food Colours Market Analysis, Segmentation, Key Players, Opportunities and Forecast To 2028

Future Market Insights’ outlook on the natural food colours market studies the growth path of the global market over a 10 year period from 2018 to 2028. According to the report, growing consumer preferences for natural food colours over synthetic variants is anticipated to drive revenue growth in the coming decade. The study forecasts revenue from the sales of natural food colours to cross US$ 7,500 Mn by the end of 2018 and reach a value in excess of US$ 14,000 Mn towards the close of 2028. This translates to a CAGR of 6.5% in the next 10 years.

Growing Health Awareness and Increasing Consumer Demands for Clean Label Food Products Boosting Sales of Natural Food Colours

Over the years, there has been a steady rise in demand for clean label food and beverage products, especially in the infant / children food products category. This has resulted in the launch of clean label F&B products across the globe. This factor is fuelling global demand for natural food colours used to manufacture these products. Consumers are becoming increasingly aware of the ill effects of consuming synthetic raw materials such as food colours, used in the production of various types of food and beverage products. Consumers are particular about verifying food labels and ingredient compositions, and there is rising preference for natural, organic, and non-GMO products. As a result, the adoption of natural food colours has witnessed a sharp rise in the last few years.

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Increasing Government Approvals for Natural Food Colours Acting in Favour of Market Revenue Growth

In the wake of a growing number of petitions by manufacturers of natural colours for the use of natural food colours in their products, governments of various countries have undertaken initiatives to promote natural colour pigments. Governments are also imposing stringent rules and regulations pertaining to the use of clean label and eco-friendly food and beverage products. This is further augmenting growth of the natural food colours market as manufacturers of food and beverage products are increasingly adopting natural food colours in their formulations.

Manufacturers of Natural Food Colours Leveraging Lucrative Market Opportunities to Ensure Sustained Growth and Gain Competitive Edge

The natural food colours market is characterized by the presence of top companies operating in the global market. With consumers moving from synthetic to natural and clean label food ingredients, the global market provides plenty of opportunities for manufacturers of natural food colours to offer cost-efficient natural food colours to cater to different end uses in the food and beverages industry. Attempts by manufacturers of natural food colours to meet the rising demands from consumers are supported by initiatives undertaken by associations such as The International Association of Color Manufacturers (IACM), EU Specialty Food Ingredients, and Natural Food Colors Association (NATCOL) to protect and enhance key stakeholder interests in the global natural food colours market.

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Manufacturers of natural food colours are also leveraging technological advances in the F&B industry to improve their production processes. For instance, companies are using the microencapsulation technique in the colour delivery system and in the final product formulation. Manufacturers are also engaged in producing a variety of natural food colours to cater to a wide spectrum of food and beverage products. A breakthrough technology in the natural food colours market is the development of fermented carmine solution. Such innovations and technological developments are anticipated to bolster revenue streams in the global natural food colours market.

Another lucrative opportunity for manufacturers of natural food colours is in the meat industry. Natural food colours are widely used in meat products. For example, natural yellow colour is finding increasing application in pork, meat, and bakery products in Japan. Gardenia yellow – another natural food colour variant – is predominantly used in rice cakes, noodles, and other food and beverage products. Manufacturers are creating new product formulations that are more temperature compatible and stable for specific use in meat products.

Analysis by Pigment Type

  • Carotenoid
    • Beta carotene
    • Annatto
    • Lutein
    • Lycopene
  • Curcumin
  • Anthocyanin
  • Paprika extract
  • Spirulina extract
  • Chlorophyll
  • Carmine

Analysis by Application

  • Dairy Food Products
  • Beverages
  • Packaged Food/Frozen Products
  • Confectionery and Bakery Products
  • Others

Key Regions/Countries Covered

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan
  • MEA
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

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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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Antioxidants Market -Latest Trends, Demand, Growth, Opportunities & Outlook Till 2032

The food antioxidants market is anticipated to increase at a CAGR of 9.2% from USD 2,100 Mn in the year 2022 to USD 5,063Mn by 2032 globally. It is expected to generate about 52.4 KT in 2022 and 68.1 KT in 2025, with a CAGR of 5.4% throughout that time.

Health benefits of consuming antioxidants have been witnessing an uptick in terms of awareness of consumers towards them. With every passing year, more consumers are being informed about the benefits of consuming antioxidants through food and beverages. Changing diet patterns of consumers and a significant rise in global meat consumption has further surged the demand for antioxidants. Some of the key advantages of consuming antioxidants include:

  • Counteracting the effects of free radicals produced naturally in our bodies
  • Different antioxidants can benefit different parts of the body; from eyes and heart to prostate and urinary tract
  • Protecting skin from photo-oxidation of UV rays
  • Supporting the immunity system by protecting cellular DNA and cell membranes from mutation

An exclusive research study by Future Market Insights projects that factors as such are observed to be the key drivers for the growth of the global antioxidants market. Their health benefits will drive their demand in the assessment period, 2022-2032, as the report projects a steady expansion of the global antioxidants market through 2020. During this forecast period, the report expects that increasing intake of antioxidants in optimizing one’s health and improving memory abilities will also serve as a proponent in driving the sales of products containing antioxidants.

Key Companies in the Global Antioxidants Market

According to the report, companies namely, Aland (Jiangsu) Nutraceutical Co., Ltd., Archer-Daniels-Midland Company, BASF S.E, Cargill, Incorporated, DuPont, Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreco N.V., and Vitablend Nederland B.V. are observed to remain active in the expansion of the global antioxidants market through 2020. A majority of these producers will be striving the balance the negative effects of antioxidants consumption by boosting the health-benefitting properties of their products.

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Recent Trends in Food Applications of Antioxidants

Key trends that will be influencing the use of antioxidants in the food and beverage industry have been analyzed in the report. They include:

  • Scientific developments in antioxidant action on lipids
  • Use of antioxidants as an antimicrobial agent
  • Hormone research studies proving the key role of antioxidants in protecting the membranes of tissues and cells
  • Growing use of emulsified oils in production of food products
  • Rising adoption of in-situ extraction
  • Increasing consumption of uncomminuted food such as roasted beef
  • Surging demand for pre-cooked frozen fast foods and freeze-dried foods, among others

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Global Antioxidants Market: Segmental Analysis and Regional Insights

The report projects that the demand for antioxidants will be greatly influenced by the changing undercurrents of the food and beverage industry. An extensive value chain analysis and opportunities assessment has been provided in the report to extend the reader’s knowledge on untapped growth potential of the global antioxidants market.

The global market for antioxidants has been segmented on the basis of type of antioxidants and region. With respect to the product-type, the demand for natural antioxidants over synthetic antioxidants is anticipated to remain significantly high through 2020. The report also projects that natural antioxidants will register the fastest revenue growth throughout the forecast period. On the basis of geographies, the global antioxidants market has been further segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. Among these, North America is anticipated to represent the largest market for antioxidants. Robust growth in food & beverage industry, coupled with high meat consumption, will be driving the demand for antioxidants in the US and Canada. The APAC antioxidants market is also anticipated to remain lucrative for manufacturers through 2032.

The report covers exhaustive analysis on:

  • How much is the Antioxidant consumer market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Antioxidant sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 3 companies hold?
  • Which are the major countries driving demand for Antioxidants?
  • Who are the major players in the Antioxidant Consumer Market?
  • At what rate will the U.S. Antioxidant consumer market grow?

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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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Food Preservative Market -Global Industry Overview by Size, Share, Scope, and Growth Factors up to 2032

global food preservatives market is estimated to have a value of USD 2,600 Mn in the year 2021 and is expected to have a steep growth to reach USD 5,019.8 Mn with a CAGR (compounded annual growth rate) of 6.8%.

On the basis of application, the market has been categorized into bakery, beverages, dairy and milk products, meat and poultry and sea food, and others. The meat, poultry and sea food segment has dominated the food preservatives market over the years, since these food products are an integral part of human food habits. Manufacturers use food preservatives in these products to: extend shelf life, meet the continuous demand and increase production of processed food. The meat, poultry and sea food segment is expected to dominate the food preservatives market in the coming years, though the market is expected to fall from share of 27.9% in 2013 to 27.3% in 2020 in value terms. The food preservatives market used in other products, such as oil and fat, jams and syrup among others, is expected to expand at a CAGR of 4.1% in value terms from 2014 to 2020.

Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic food are some of the other factors contributing towards the market growth. High demand for processed foods and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is presently the fastest growing segment of the global food preservatives market. Healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.

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This report covers drivers, restraints and opportunities that are driving each segment and respective sub-segments of the market, and offers analysis and insights about the potential of the food preservatives market in specific regions. By region, the global food preservatives market was dominated by North America, which held the largest value share of 36.5% of the food preservatives market in 2013, and the region is expected to maintain its dominance in the coming years as well. Currently, manufacturers use preservatives during food processing to prevent spoilage during transportation and to increase the shelf life of foods. The market is witnessing growth due to changing eating patterns and busy lifestyles. Asia Pacific is currently the second largest market for food preservatives after North America. Food preservatives are used for various purposes, including chelating agents and anti-spoilage. In addition, food preservatives are also used as shelf life enhancers, antioxidants and antimicrobials, and enzyme attackers. Increasing demand and trade of food products worldwide is fuelling the Asia Pacific food preservatives market currently. Increasing demand for bakery products, beverages, meat and dairy products is creating a positive impact on the food preservatives market. Changing lifestyles and food patterns are also driving the Asian food preservatives market currently.

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Key competitors covered in the report are BASF SE, Cargill Incorporated, Celanese Corporation, Chr. Hansen A/S, Corbion N.V., DuPont, JEY’S F.I. Inc, Kerry Group, Koninklijke DSM N.V and The Archer Daniels Midland Company. These companies are focusing on developing new products and improving the quality of their existing products through research and development activities. The manufacturers are also focusing on geographical expansion in order to gain a competitive advantage.

Key Segments Covered

  • Food Preservatives Market
    • By Product Segment
      • Natural
      • Synthetic
    • By Function Segment
      • Antimicrobial
      • Antioxidants
      • Others
    • By Application
      • Dairy and milk products
      • Meat, poultry and sea food products
      • Bakery products
      • Beverages products
      • Others

 Key Regions/Countries Covered

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Scandinavia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

The report covers exhaustive analysis on:

  • How much is the food preservative market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Food Processing sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 5 companies hold?
  • Who are the major players in the food preservative Market?
  • At what rate will the U.S. food preservative market grow?
  • At what level does the report reflect pricing analysis?

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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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India Gin Market To Depict Appreciable Growth Prospects By 2025

Future Market Insights (FMI) has published a new report, which is titled, “Gin Market: Driven By Changing Lifestyle and Expanding Urban Population – India Industry Analysis and Opportunity Assessment, 2015 – 2025.” The Indian gin market is witnessing a steady rise on account of the growing urban population and changing demographics. The change in outlook of the Indian society towards social consumption of alcohol is driving the growth of the gin market.

The increase in the consumption of alcohol among women has also fueled the growth of the alcohol market. In addition to this, the growing disposable income of the people and thus the transformed buying and spending pattern of consumers in urban areas specially, will push the growth of the gin market in India. Moreover, the increasing popularity of bar and cocktail culture in urban cities will also drive the gin market in India.

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The report gives a comprehensive analysis of the various factors driving the growth of the Indian gin market as well as those factors that restrict the growth of the market. The impact analysis of the same is also given. The various macroeconomic factors as well as government regulations impacting the gin market are also given. The current trends in the gin market as well as the future opportunities have been analyzed. Based on all these factors, as well as the present and past market value, the future market size is predicted.

One of the trends in the market is the production of gins with local and alternative botanicals. Citrus flavors are expected to become trendy. As numerous craft and classic cocktails make use of spirit, the market will grow for gin. As there is a variety of gin cocktails to select from, gins are becoming increasingly popular among consumers. The report segments the gib market on the basis of key criteria and reveals the leading, declining, most sluggish, and fastest growing segments and sub-segments.

On the basis of product, the global gin market is segmented into economy segment and premium and luxury segment. Of these, the economy segment is estimated to lead and expand at a significant CAGR. The premium and luxury segment will witness a slight rise on account of the growing demand for premium products in the country. On the basis of region, the market for gin is segmented into East, West, North, and South India. Of these, the gin market in South India is leading. In 2015, the Southern India gin market accounted for 34.8%, the western region accounted for 28.2%, and Eastern India accounted for 12.4%. Gin manufacturers are anticipated to expand their business in the Eastern India through tie-ups with regional distributors in the coming years.

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The report profiles key players in the Indian gin market for the purpose of study. Following are the leading players in the gin market. Tilaknagar Industries Limited, United Spirits Limited, Jagatjit Industries Limited, Mohan Meakin Limited, Radico Khaitan Limited, Globus Spirits Ltd., SNHL India Pvt Limited, Deejay Distilleries Pvt Limited. Players are focusing on geographical expansion. Innovation is a key strategy among players in this market. Players are investing in research and development and also participating in mergers and acquisitions so as to gain a competitive edge.

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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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Dietary Supplements Market Report Along with Scope, Key Players and Future Growth Analysis by 2031

As per FMI’s analysis, the global dietary supplement market is poised to expand at above 9% CAGR to surpass a valuation of approx. US$ 254 billion by 2031. Younger demographic of consumers is exhibiting high demand for dietary supplements in the form of soft gels/pills.

Growing concerns about maintaining a healthy lifestyle while increasing modernization across the globe are the key factors driving the consumption of vitamins & minerals as dietary supplements across the globe.

Alongside this, growing incidence lifestyle disease among geriatric population and increasing auto-immune diseases such as asthma and diabetes are bolstering the growth of dietary supplements market.

Consumers’ growing need to include various vitamins & nutrients in their daily diets is commonly being combined with their need for the convenience in their dietary habits.

Thus, online retail pharmaceutical companies are contributing towards increasing the adoption of dietary supplements. Hence, dietary supplements market is anticipated to witness a staggering growth over the coming years.

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However, factors such as negative publicity, use of adultered ingredients that have potential for substance abuse, and false product claims are likely to impede the growth of dietary supplements during the forecast period.

Key Takeaways from FMI’s Dietary Supplements Market Study

  • By form type, soft gel/pills are anticipated to emerge as lucrative segment through 2021
  • Increasing application in sports nutrition will stimulate dietary supplements sales
  • Rising prevalence of obesity and other lifestyle across the U.S. will improve the consumption of dietary supplements, spurring sales
  • Increasing cases of malnutrition among pediatric population will spur the sales of dietary supplements across India
  • Japan is expected to register a stellar growth on the back of growing cardiovascular disease among geriatric population
  • Countries such as Spain, the U.K., France, and Germany will witness an impressive growth backed by the rising vitamin D deficiency through 2021

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“Growing health conscious population across the globe and increasing focus on innovating flavor and texture of dietary supplements will widen the growth opportunities for the market during the forecast period,” says the FMI analyst. 

Competitive Landscape

Herblife International, BASF SE, E. I. Du Pont de Nemours and Company, Glanbia Plc, Royal DSM N.V., Abbott Laboratories, Amway Enterprises, NBTY Inc., Bayer AG, and GlaxoSmithKline Limited are some prominent players operating in the dietary supplements market.

Increasing focus on product innovation to broaden their product portfolios will provide lucrative opportunities for the market players. Also, with strategic collaborations and early regulatory approvals leading players are expanding their global reach to maintain their position in the industry.

Furthermore, unauthorized use of ingredients and substances potential for abuse used in the manufacturing of dietary supplements might act as a restraint for the market growth.

For instance, the U.S. Food and Drug Administration (FDA), on May 21, 2021 announced that they seized more than 207,000 units of dietary supplements that contain kratom, including over 34,000 kilograms of bulk kratom, an adultered dietary supplement ingredient, manufactured by Atofil LLC, subsidiary of premium manufacturing products.

In October 2020, leading player Abbott Laboratories, announced the launch of strawberry-flavored food supplements in India to expand their product portfolio.

More Insights on the Global Dietary Supplements Market

In its latest report, FMI offers an unbiased analysis of the global dietary supplements market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of form (soft gel/pills, powder and liquid), ingredient (vitamins & minerals, amino acids, botanical supplements, and others), application (weight loss, sports nutrition, general wellbeing, immune & digestive health, bone & joint health, heart health and others), distribution channel (pharmacies/drugstore, health & beauty stores, hypermarket/supermarket, internet, and direct selling), and end-use (men, women, senior citizens, and others) across seven major regions (North America, Latin America, Europe, East Asia, South Asia Pacific and Middle East & Africa)

Dietary Supplements Market – Key Highlights from Report

  • How much is the dietary supplements market worth?

By 2025, the dietary supplements market is expected to reach a valuation of US$ 252.1 Bn. The market is forecast to exhibit growth at a consistently rising pace between 2021 and 2031.

  • How will the dietary supplements market grow until 2031?

According to FMI, the global dietary supplements market is poised to expand at over 9% CAGR between 2021 and 2031.

  • What was the dietary supplement market’s CAGR in the last 5 years?

As per FMI, demand in the dietary supplements market grew at nearly 7% CAGR between 2016 and 2020.

  • What are the key trends in dietary supplements market?

Driven by the changing consumer preference, dietary supplements market players are likely to focus on launching beauty, skincare, and healthcare supplements.

  • What is driving demand for dietary supplements?

With increasing number of consumers focused on improving their health and fitness regime, the demand for vitamins and supplements is on a rise. The trajectory is expected to continue as manufacturers launch flavored gummy supplement.

  • Which are the top 5 countries exhibiting high demand for dietary supplements?

The U.S. and Canada have emerged as leading markets for dietary supplements within North America. Globally, the demand will continue rising in countries such as the U.K., Germany, China, and others.

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,

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T: +1-845-579-5705

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Citrus Flavours Market Current Outlook Of Industry & Forecast 2031

The citrus flavors market worth is expected to total US$ 2,977.1 Million in 2021, according to Future Market Insights (FMI) study. The study also projects the citrus flavors demand to surpass US$ 4,931.5 Million by 2031, growing at a CAGR of 5.2% for 2021-31.

The clean label movement is broadening its scope to include products that can be linked to health benefits. The term “clean label” has been used in the food industry for many years, but it is now used as a catchphrase to attract modern-day consumers. Clean label has now become the norm, with consumers demanding to know everything about the products, from their origins to their benefits. As a result of this trend, manufacturers are stepping up their clean label game and introducing more products with less complexity, greater transparency, and simplistic ingredients.

Key Takeaways from the Citrus Flavors Market Study: 

  • The Europe lead in terms of market size and account for 25.3% of the global citrus flavors market in 2021. A significant number of consumers in Europe have developed an interest in purchasing clean label food products, which provide a diverse range of naturally derived ingredients, thereby driving demand for citrus flavors. Manufacturers are offering products free of artificial flavorings and gradually shifting toward natural ingredients in order to meet the growing demand for citrus flavors.
  • Consumption of citrus flavors is more in powder form than liquid as it is has increased demand from various end use industries applications such as bakery & confectionery, dairy products, and powdered beverages. The powder form of citrus flavors is accounted for a market share of 57.6% in 2021 of the global market.
  • In application segment, beverages segment is accounted for significant share of 55% of the global citrus flavors market, which is also expected to witness lucrative growth rate of a CAGR 4.7% during the forecast period (2021-2031).

“Gone are the days when consumers made decisions based on what companies told them; now is the time of the modern-day smart consumer, who makes decisions based on the trust of their consumer peers rather than marketing gimmicks. Smart consumers today expect a premium experience from their products, whether in terms of presentation or taste. Convenient-innovative-and-sustainable packaging, vibrant colors, fortified-enriched ingredients, a strong label game, and exotic flavors are expected to capture the attention of consumers.” Said a lead analyst at FMI

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Pervasive digitization of the path to purchase and last-mile delivery

The convergence of artificial intelligence and flavor science is expected to transform the global food industry. Manufacturers are developing technologies that can predict flavor combinations, as well as tools that can add solutions to some of the food industry’s critical challenges, ranging from the “Internet of Food” to machine learning. Advances in the field will allow the food industry to drastically improve flavor formulation and product development. The use of a digital thread can enable the calculation of a product’s nutritional profile, the finalization of recipes in the lab, the monitoring of the entire supply chain, and the tracking of ingredient sourcing from different providers all the way to the consumer.

Multi-Sensory Experience

Customers are increasingly interested in having a multisensory experience when they consume food and beverages. Consumers prefer food products that are visually appealing, have a pleasant odor when opened, and provide a satisfying taste when consumed. Manufacturers are also demonstrating an interest in developing technological advances that focus on an understanding of the multisensory influences on flavor perception in order to improve the design of human–food interactions.

Among the sensory systems, visual and mouth feel are the most valued by consumers and have a significant impact on product selection. Citrus fruits have the widest range of taste variances of any fruit category. As a result, manufacturers are using citrus flavors in their products to catch the attention of consumers.

Who is winning?

Some of the leading companies offering citrus flavors are Givuadan SA, International Flavors and Fragrances, Symrise AG, Sensient Technologies Corporation, Takasago International Corporation, Firmenich SA, Dohler AG, Kerry Group, ADM, Mane Group, R.C.Treatt & Co. Ltd., Trilogy Ingredients Inc., Lionel Hitchen Limited, Citromax Flavors, Flavors Producer

To increase market penetration in untapped markets, major companies are implementing a variety of aggressive strategies, such as introducing innovative and clean label citrus flavors and partnering with and acquiring local manufacturers.

Get Valuable Insights into hydrolysed vegetable protein market 

Future Market Insights, in its new offering, provides an unbiased analysis of the citrus flavors market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the citrus flavors market based on form (powder, paste and liquid), by product type (natural and synthetic), and by application (sweet, dairy, savory, beverages and others) across seven major regions.

Summary:

The global citrus flavors market is primarily characterized by fragmentation, with a large number of tier 1 players, including multinational, regional, and local players. When compared to other regions, Europe, Asia Pacific, and North America have a relatively high concentration of citrus flavors manufacturers, with a 50-55% share. The market’s key players are focusing on developing better and more influential advertisements for these lesser-known and accepted products, specifically targeting the millennial population via the internet and various e-commerce platforms.

Citrus Flavors Market by Category
By Product Type: 

  • Natural
    • Orange
    • Lemon
    • Lime
    • Grapefruit
    • Mandarin/Tangerine
    • Others (Blood Orange, Key Lime, Bergamot, etc)

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By Application:

  • Sweet
    • Bakery
    • Confectionery
    • Breakfast Cereals
  • Dairy
    • Yogurt
    • Desserts & Ice-cream
  • Savory
    • Soups, Sauces, & Condiments
    • Prepared Food & Ready Meals
    • Meat, Poultry & Seafood
    • Seasoning Blends
    • Savory Snacks
  • Beverages
    • Juice Drinks & Mixes
    • Carbonated Beverages
    • Flavored Water
    • Alcoholic Beverages
  • Others

By Form:

  • Powder
  • Paste
  • Liquid

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

Frequently Asked Questions

  • How much is the citrus flavors market worth?
  • What is the demand outlook of the citrus flavors market?
  • What was the citrus flavors market CAGR for the last 5years?
  • What are the key trends of the citrus flavors market?
  • What is driving the demand of the citrus flavors market?
  • What is the share of the top 5 players in the citrus flavors market?
  • What are the top countries driving demand for citrus flavors?
  • What is the North America citrus flavors market outlook?
  • At what rate is the citrus flavors market going to register growth in Europe?
  • Which countries are the key producers in the citrus flavors market?
  • What are the key citrus flavors market statistics in Korea and Japan?

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

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Beta-glucan Market Scope Emerging Trends, Analysis and Forecast 2032

The global Beta Glucan market is expected to be valued at USD 1,200 million in the year 2021, growing to about USD 2,108.8 million by the year 2032, with a CAGR (compound annual growth rate) of 5.8% over the analysis period. Beta Glucan is predicted to grow rapidly due to a number of growth-promoting variables, including a shift in customer preferences favoring vegan diets or plant-based foods, an increase in public health consciousness, and the availability of healthier products that provide customers with improved nutrients.

As demand has switched from commercial food products to nutritious food, food supplements, and superfoods, customers have become more aware of health and engaged in preserving that through healthy lifestyles. Customers are increasingly aware of food products and read nutritional info and product ingredients more carefully. Increasing demand for healthy meals and supplements has resulted from this change in consumer behaviour, driving a slew of completely new, non-genetically engineered, and organically as well as naturally grown food products to hit the market. As individuals become increasingly concerned about safety, health, and fitness, the market for versatile beta-glucan is expected to increase in the coming years.

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Key takeaways:

  • Beta-glucan meals and supplementation are heart-healthy and can help with anything from memory development to preventing cancer. As per research, it has anticancer, antibacterial, anti-allergic, and immune-enhancing characteristics. It has the capability to reduce cardiovascular disease risk.
  • The market for Beta Glucan is expected to be valued at USD 29 Mn in the year 2021 and is estimated to have a robust growth registering a CAGR of 10.9 % and reaching a colossal market value of USD 132 Mn by the year 2027.
  • China is going to lead the Asian market as it enjoys a market share of 32% of the region with an approximated market value of USD 76.8Mn.
  • With the rising cases of cardiovascular diseases, obesity, and diabetes in the UK, the demand for beta Glucan has grown significantly. Currently, the UK holds a market share of 22% in the region with a market worth of USD 81.8Mn

“The Beta Glucan market has grown significantly due to the rising cases of cardiovascular diseases, increased cholesterol levels, obesity, and diabetes. Various promoting factors like increasing health awareness among consumers and demand for functional foods that could help them in achieving a healthy diet has led to the booming growth of beta Glucan Market,” says a lead analyst at Future Market Insights.

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Competitive landscape:

The Growth of Beta Glucan can be attributed to the vast range of applications from being a functional food to applications as a major component in the pharmaceutical industry and cosmetic market. The increasing reach in terms of wide application will boost the growth of this segment market in this decade.

Personal care and cosmetics firms use beta-glucan, which is generated from oats, in their products. Beta-glucan helps to repair complexion by exfoliating the layer of the skin and providing keratinocytes with protective effects. Evonik, for instance, has produced a natural biopolymer produced from beta-glucan that provides excellent skin protection. Tego Cosmo LSG is a beta Glucan that is found naturally, that has a number of applications in cosmetic industry products. It has minimal thickening characteristics and can be employed at a high dose in cosmetics compositions given the low molecular mass.

The mushroom’s anti-allergic, anti-tumor and anti-cholesterol properties make it an effective remedy for serious illnesses such as AIDS, cancer, and skin issues. Mushrooms are a strong choice for pharmaceutical and nutraceutical applications since their fiber content helps to avoid cardiac disease.

Market segmentation for Beta Glucan

By Source:

  • Yeast
  • Cereal
    • Barley
    • Oats
  • Others (mushrooms)

By functionality:

  • Insoluble beta-glucan
  • Soluble beta-glucan

By Application:

  • Bakery Products
  • Food & Beverages
  • Cosmetics & Personal Care
  • Dairy & Frozen Products
  • Health & Dietary Supplements
  • Others ( Animal Feed)

By Region:

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

The report covers exhaustive analysis on:

    • How much is the Beta-Glucan consumer market currently worth?
    • At what CAGR is the market expected to grow?
    • What are the key trends boosting Beta-Glucan sales?
    • How are market players reacting to the new developments in the market?
    • How much share do the top 3 companies hold?
    • Which are the major countries driving demand for Beta-Glucan?
    • Who are the major players in the Beta-Glucan Consumer Market?
    • At what rate will the U.S. Beta-Glucan consumer market grow?
  • How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

    About Future Market Insights (FMI)

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

    Contact: 

    Future Market Insights Inc.

    Christiana Corporate, 200 Continental Drive,

    Suite 401, Newark, Delaware – 19713, USA

    T: +1-845-579-5705

    For Sales Enquiries: sales@futuremarketinsights.com

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

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Deodorant Stick Market is projected to increase at 7.1% CAGR between 2022 and 2027, topping a valuation of US$ 1,913.4 Mn by 2022

The overall demand in the global deodorant stick market is projected to increase at 7.1% CAGR between 2022 and 2027, topping a valuation of US$ 1,913.4 Mn by 2022. Sales of deodorant sticks are projected to surge on the back of growing emphasis on personal health. On account of this, the deodorant stick market is poised to register year-on-year growth of 7.30% in 2022.

Companies are now offering products without aluminum, alcohol, parabens, and synthetic fragrances in response to the increasing consumer awareness of skin damage and side effects caused by using conventional deodorants & antiperspirants. These new products offer additional benefits such as nourishment, conditioning, and smoothening of the skin.

Such alcohol-free antiperspirants are highly in demand across the globe is creating a significant CAGR of 8.9% in the market over the forecast period. Moreover, over the last few years, there has been an increasing trend of including natural ingredients such as sweet jasmine, eucalyptus, Shea butter, coconut oil, and other natural ingredients in deodorant stick is also driving the demand for global deodorant stick across the globe.

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Companies are now offering products without aluminum, alcohol, parabens, and synthetic fragrances in response to the increasing consumer awareness of skin damage and side effects caused by using conventional deodorants & antiperspirants. These new products offer additional benefits such as nourishment, conditioning, and smoothening of the skin.

Who is winning?

Some of the key players operating in the deodorant stick market are The Estée Lauder Companies Inc., Unilever PLC, L’Oréal S.A., Procter & Gamble, Beiersdorf AG, Colgate-Palmolive Company, Mandom Corporation, Lion Corporation, The Body Shop International Ltd., Knowlton Development Corporation, and others.

Several prominent market players are significantly introducing new products in the market to expand their product portfolio, market footprint, and enter into luxury business segment. Besides this, mergers and acquisitions often allows them to gain competitive advantage.

  • In 2019, Lamazuna introduced a solid deodorant in an outer board box without other packaging/casing in an effort to be more eco-friendly. The product is also handmade, vegan, free from aluminum salt, and contains organic palmarosa essential oil.
  • In 2017, Unilever introduced a personal care brand ‘Love Beauty and Planet’ in the U.S. This brand primarily offers deodorant sticks, shampoos, conditioners, and body washes with natural ingredients. The company claims that these products are free from harmful ingredients such as parabens. Additionally, the bottles used for packaging are 100% recycled plastic and are 100% recyclable.

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

Product Type

  • With-Alcohol
  • Alcohol-Free

Packaging Material

  • Glass
  • Metal
  • Plastic

Sales Channel

  • Store Based Retailing
  • Online Retailing

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Key Takeaways from the Deodorant Stick Market Study

  • According to the report, manufacturers are strengthening their partnership in the high growth region and expanding their products offerings across the market. The companies’ focuses on building better and more influential advertisements for the deodorant stick products such as exclusive and clear information on package to attract more consumers, today the consumers are looking for more information on what they are applying. Hence, a package with information on particulars of the ingredients and benefits are highly preferred by the buyers.
  • The companies are investing in innovation and development by offering products with better ingredients. They have started new product ranges such as vegan, free from aluminum salt, skin-friendly, alcohol-free, and many more.
  • The Europe region is expected to retain its dominant position in the global deodorant stick market, due to high cosmetics and personal care demand and frequently use of deodorants as a daily grooming routine among male population in the region.
  • Among product type, the alcohol-free segment is anticipated to show a relatively higher CAGR in the global deodorant stick market in the near future, as it reduces the formulation of sweat and offer long-lasting protection coupled with rapidly growing adoption of alcohol-free deodorants among customers with sensitive skin.

Growing consumer’s interest towards daily grooming products, especially among the urban population in emerging nations, is anticipated to propel demand for deodorant stick in the foreseeable future. Majority of the people in urban areas use deodorants as a part of their daily grooming routines.  Exposure to newer products as a result of peer association, and higher product visibility in urban areas are some factors expected to further drive demand for personal grooming products. Majority of the population in the BRIC region currently resides in urban areas. The urban population in BRIC is around 85%, 74%, 32%, and 54% in Brazil, Russia, India, and China respectively.

Deodorant Stick Market by CategoryProduct:

  • With-Alcohol
  • Alcohol-Free

Packaging Material:

  • Glass
  • Metal
  • Plastic

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Sales Channel:

  • Store Based Retailing
    • Modern Retailers
      • Convenience Stores
      • Discounters
      • Hypermarkets
      • Supermarkets
    • Traditional Retailers
      • Specialty Stores
      • Independent Grocers
      • Other Retailers
  • Online Retailing

Region:

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

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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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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hospital disinfectant products & services market at a robust CAGR of over 7.4% during 2022 – 2029 | FMI

The hospital disinfectant products & services market at a robust CAGR of over 7.4% during 2022 – 2029. Of every 100 hospitalized patients at any given time, seven in developed and 10 in developing countries tend to acquire at least one hospital-associated infection. Hospital associated infections have been the longstanding concern of healthcare delivery centres. Increasing awareness about infection prevention, coupled with favourable initiatives taken by hospitals and governments, will drive demand for hospital disinfectant products & services.

Healthcare organizations and governments, in collaboration with hospitals, have been spreading some of the primary prevention and infection control methods such as appropriate hand hygiene and the correct application of necessary precautions during invasive procedures. These measures prominently include proper usage of hospital disinfectants, which is responsible for growing awareness about adoption of effective and efficient hospital disinfectant products & services.

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Key Takeaways – Hospital Disinfectant Products & Services Market Study

  • Hundreds of millions of patients are affected by health care-associated infections worldwide each year, leading to significant mortality and financial losses for health systems.
  • Poor quality of healthcare services in low to medium income countries are the most emerging regions for hospital disinfectant products & services market.
  • Manufacturers are focusing on formulating hospital disinfectants that have natural ingredient base to reduce the overall toxicity and prevent other disease emergence.
  • Lack of compliance of national guidelines and policies by hospitals may pose a threat to both mankind and the hospital disinfectant products & services market.
  • Implementation of Patient Protection and Affordable Care Act (PPACA), which expects a manufacturer to pay 2.3% tax on the sale of medical devices will increase expenses for sterilization equipment manufacturers. As a consequence, it may hamper the growth of the hospital disinfectant products & services market for the forecasted years.

Bloodstream infection (BSI), ventilator-associated pneumonia [VAP], urinary tract infection (UTI), and surgical site infection (SSI) are some of the common intricate hospital associated infections creating continuous opportunities for the global hospital disinfectant products & services market. Companies, thus, must manufacture products in compliance with medical regulations.

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Geriatric Population Primarily Driving Demand

Affordability of various treatment services and improved healthcare policies in different countries have led to an increased life expectancy of the population. According to WHO, the global geriatric population is expected to grow from 524 million in 2010 to 2 billion by 2050. The geriatric population suffers from various diseases and requires diagnosis and treatments that involve the use of non-disposable medical equipment. Therefore, the increase in the geriatric population globally is projected to drive demand for various medicals services and disinfecting medical devices, thereby enhancing the hospital disinfectant products & services market.

  • The global geriatric population is expected to grow at the fastest rate in developed countries such as Italy, Germany, the U.K., the U.S., and Japan.
  • Increase in healthcare spending is another factor that boosts the Hospital Disinfectant Products & Services Market.

However, the leading manufacturers of hospital disinfectant have to comply with stringent rules and regulations that their products meet to gain a spearhead competition in the global hospital disinfectant products & services market.

What Does the Report Cover?

Future Market Insights, in its new research study, brings forward a detailed analysis of the global hospital disinfectant products & services market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study elaborates the insights on the hospital disinfectant products & services market on the basis of type (liquid, gels & lotions, spray & foam, wipes, devices, surveillance providers, and other types), application (skincare, surface cleaners, surveillance providers, disinfectant instrument accessories, water cleaners, and air cleaners), across seven significant regions. The study focuses on product innovations, key developments, and various opportunities and trends in the hospital disinfectant products & services market.

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Global Hospital Disinfectant Products & Services Market by Category

By Product Type, Global Hospital Disinfectant Products & Services Market is segmented as:

  • Liquid
  • Gel & Lotions
  • Spray & Foam
  • Wipes
  • Devices
  • Other Types

 By Application, Global Hospital Disinfectant Products & Services Market is segmented as:

  • Skincare
    • Skin Cleansers
    • Hand Sanitizers
    • Surgical Scrubs
    • Skin Conditioners
    • Other Skincare
  • Surface Cleansers
    • Toilet Cleansers
    • Floor Cleansers
    • Surface Sanitizer
    • Instrument Decontaminant Solution
    • Disinfectant Instrument Accessories
    • Air Purifier
    • Other Accessories
  • Water Cleaners
    • Water Disinfectant Solution
    • Water Disinfectant Products
  • Air Cleaners
    • Air Neutralizer
    • Air Freshener
  • Surveillance Providers
    • Antimicrobial Stewardship
    • Infection Prevention
    • Other Surveillance Providers

By Region, Global Hospital Disinfectant Products & Services Market is segmented as:

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

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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:

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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Blinds & Shades Market is expected to surpass a valuation of US$ 14.2 Bn in 2022 and at a CAGR of approximately 4.4% through 2029

The global blind & shades market is expected to surpass a valuation of US$ 14.2 Bn in 2022 and at a CAGR of approximately 4.4% through 2029.Customer’s increasing surge for personalized control on the management of the light and air, is encouraging manufacturers to launch innovative blind & shades in the market with their increasing focus on fully automated products.

Furthermore, smart-phone-enabled operations for blinds and shades are creating new potential for the global market. Furthermore, the development of blinds that are coupled with voice recognition technology is changing home décor industry trends, which is favourably influencing the worldwide blind and shade market’s value growth.

IKEA, for example, has created remote-controlled blinds that include speech recognition and a smart lighting kit. These automatic blinds can be operated with a smartphone for a more personalised experience, and they’re compatible with AI-enabled virtual assistants like Alexa and Google Assistant.

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Moreover, in the blinds and shades market, manufacturers have the option of producing eco-friendly blind and shades. In the current market, only a few companies are creating eco-friendly blind and shades, which opens up potential for other businesses to invest in sustainable interior décor items.

Growing consumer knowledge of sustainable or eco-friendly products is expected to influence their purchasing decisions. As a result, the market in developed nations with strong consumer awareness has the potential to grow.

Key Takeaways from the Blind & Shades Market Study

  • Smart windows are leaping the sales of blind & shades due to growing innovations such as windows controlled by a click of a button using rechargeable batteries and voice-activated window coverings.
  • The U.S. is expected to register a CAGR of 2.2% in North America due to increasing trend of customized blind & shades as well as smartphone controlled blind & shades.
  • Blinds and shades made of natural fibers is witnessing a significant growth in the global market. The customer’s awareness for their health and for environment is significantly supporting sales of natural blinds and shades.
  • East & South Asia would remain the prominent region in the global blinds & shades market owing to rapid expansion of residential sector. E-commerce expansion will also be pivotal in accelerating the market build-up in this region.

“Adoption of omnichannel sales strategy by manufacturers and growing customer inclination towards natural material-based blinds & shades are expected to offer significant market growth opportunities.” says an FMI analyst.

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Impact of COVID-19 on the Market

The COVID-19 pandemic had a significant influence on the world economy at numerous levels, and this impact was felt to a large extent in the construction industry. The COVID-19 pandemic issue also had an impact on the blind and shade market, which saw a significant drop in demand in 2020.

The COVID-19 outbreak affected the supply and delivery of construction materials, causing governments to enact lockdown. The transfer of activities in operations and vendor operations impacted the manufacturing. The blind and shade production process has become a headache for enterprises due to limited labour availability, disrupted raw material supply, and logistical challenges.

Who is winning?

Leading manufacturers of blind & shades are focused on aggressive promotional strategies and advertisements that have driven sales growth of Blind & Shades globally.

Major players present in the blind & shades market are Ching Feng Home Fashions Co., Ltd., Griesser AG Electrocomponents PLC, Hunter Douglas NV, Lafayette Venetian Blind Inc., Legrand, Lutron Electronics Company, Mechoshade Systems LLC, Nien Made Enterprise Co. Ltd., Persianas Canet S.A, Qmotion Shades, Schenker Storen AG, Solarfective Products Limited, Springs Window Fashions LLC, TOSO CO. LTD. among others.

Global Blind & Shades Market by Category

By Product Type:

  • Roller Shades
  • Vertical Shades/Blinds
  • Panel Blinds
  • Roman Shades/Blinds
  • Venetian Blinds
  • Pleated Shades
  • Others (Mini Blinds, Micro Blinds, etc.)

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By Fabric:

  • Natural Blind & Shades
  • Synthetic Blind & Shades

By Mode of Operation:

  • Manual Blind & Shades
  • Automatic Blind & Shades

By Application:

  • Residential
  • Commercial

By Distribution Channel:

  • Online
    • Company Owned Portal
    • Ecommerce Portal
  • Offline
    • Hypermarket
    • Specialty Stores
    • Departmental Stores
    • Others

By Region:

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

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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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