Non-Dairy Creamer Market Explosive Factors of Revenue by Industry Statistics, Size by 2031

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

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

Key Takeaways from Non-Dairy Creamer Market

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

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

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

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

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

Who is winning?

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

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

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Non-Dairy Creamer Market By Category

Form

  • Powder
  • Liquid

Nature

  • Organic
  • Conventional

Flavour

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

Type

  • Original
  • Light
  • Fat-free

Base

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

End Use

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

Packaging

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

Distribution Channel

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

Region

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

Frequently Asked Questions

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

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Powdered Soft Drinks Market Estimated to Experience a Hike in Growth by 2032

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

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

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

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

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Key Takeaways from Market Study

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

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

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Competitive Landscape

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

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

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

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

Analysis by Flavour:

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

Analysis by End Use:

  • Institutional
  • Foodservice/HoReCa
  • Household (Retail)

Analysis by Sales Channel:

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

Analysis by Packaging:

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

Analysis by Region:

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

Frequently Asked Questions

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

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Licorice Root Market Trend Shows a Rapid Growth Competitive Analysis Future Prospects and Forecast 2032

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

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

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

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

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

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

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

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Key Takeaways from Market Study

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

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

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Competitive Landscape

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

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

Segments Covered in Licorice Root Market Analysis

By Product Form:

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

By End-Use:

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

By Region:

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

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Frequently Asked Questions

  • How much is the current worth of licorice root market?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is the demand outlook forecast for the Licorice Root market?
  • Who are the top 5 players operating in the market?
  • How are market players reacting to the new developments in the market?
  • Which are the major regions driving demand for licorice root?
  • What outlook does Europe provide?
  • At what rate will the U.S. licorice root market grow?

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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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Protein Ingredient Market Report Covers Future Trends with Research 2022-2032

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

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

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

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Key Takeaways – Protein Ingredients Market Study

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

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

Manufacturers are Concentrating on Flavored Healthful Innovations

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

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Find More Insights on Protein Ingredients Market

By Product Type:

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

By Application:

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

By Form:

  • Isolates
  • Concentrates
  • Other Forms

Region:

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

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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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Dehydrated Onions Market Scope Future Growth Comprehensive Analysis Report 2032

The expansion of fast-food joints, hotels, and food processing units has positively impacted the market of dehydrated onions, which are often included as key ingredients in a myriad food items. Coupled with this, direct consumption through household recipes will enable growth in the dehydrated onions market at over 5% CAGR between 2021 and 2031.

As per Future Market Insights (FMI) analysis, the market is expected to reach a valuation of over US$ 1.7 Bn by 2031.

Key end users of dehydrated onions are food processing units, HoReCa (hotels, restaurants, and cafes), and household kitchens. Food processing units use dehydrated onions to manufacture ready-to-eat foods. Hotels and restaurants use dehydrated onions for gravies and other food items.

In household cooking, dehydrated onions are emerging as a preferred substitute for fresh onions. However, this consumer segment remains largely untapped. This can emerge as a suitable niche market for new entrants. Companies largely focus only single consumer demographics.

The demand for dehydrated onions is surging due to improvements in technologies utilized in the production of dehydrated food. Technologies such as vacuum and air-dried processes support production, and distribution are increasingly adopted, which will bode well for the market. Also, regulatory approvals have been creating growth opportunities for dehydrated onion manufacturers.

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Key Takeaways from the Dehydrated Onions Market Study

  • The U.S. dehydrated onions market will grow from US$ 319 Mn in 2021 to US$ 478.2 Mn in 2031. This represents an absolute $ opportunity of US$ 159.2 Mn in the forecast period.
  • Conventional dehydrated onions account for 87% of the market in 2021, supported by lower costs and easier access to required volumes of raw materials.
  • White dehydrated onions will grow at a CAGR of 4.9% from 2021 to 2031, driven by higher crop and processing yields.
  • The U.K. will emerge as a leading market in Europe, accounting for more than US$ 44 million in 2021, aided by strong demand from the food processing sector of the country.
  • GCC countries will remain major contributors to the MEA market with a share of 39.3% in 2021, supported by relatively high export levels.

“Onions, despite being one of the most commonly consumed vegetables in the world, have restrictions in terms of shelf life. On the other hand, dehydrated onions can be stored for longer time and have wider scope of applications, which in turn is propelling the growth of the dehydrated onions market,” said a lead analyst at FMI.

Robust Supply Chains to Increase Market Penetration

Global supply chains for dehydrated onions are largely mature, with adequate transportation infrastructure available to facilitate product movement. Dehydrated onions have benefited from existing supply methods since they may reach clients directly without barriers. Most dried onions come in specialized packaging, which makes storing and transportation easier.

For dehydrated products, companies are using the similar supply chain and transportation modes that find use in frozen food. With minor modifications in storage units, transportation can be made easy and hurdle-free, which improves the trade of dehydrated vegetables.

Almost all developed countries (excluding the Middle East) have an established supply chain, due to which, they are able to supply products directly to retail stores and customers on time.

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Who is Winning?

Leading manufacturers in the moderately fragmented dehydrated onions market are focusing on capacity expansion, investments into strategic geographic expansion and infrastructure developments for product processing applications.

Some of the leading companies offering dehydrated onions are Olam International, Jain Farm Fresh Foods Ltd, Daksh Foods Pvt. Ltd., Jiyan Food Ingredients, Natural Dehydrated Vegetables Pvt. Ltd., Real Dehydrates Pvt. Ltd., Earth Expo Company, Kisan Foods, Harmony House Foods, Inc. Company, Silva International Inc. Company, Green Rootz, BC Foods Inc., Suszarnia Warzyw Jaworski Sp. J., Pardes Dehydration Company, Murtuza Foods Pvt. Ltd., Darshan Foods Pvt. Ltd., Garon Dehydrates Private Limited, Rocky Mountain Spice Company, R. J. Van Drunen & Sons, Inc., German Foods and other.

Get Valuable Insights into Dehydrated Onions Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the dehydrated onions market, presenting historical demand data (2016-2020) and forecast statistics for the period from (2021-2031). The study divulges compelling insights on the dehydrated onions market based on nature (organic and conventional), by variety (white onion, red onion, pink onion, and hybrid), by form (chopped, minced, granules, powder, flakes, kibbled, and sliced), by end use (food processing, food service providers, and retail/household), by technology (air drying, vacuum drying, freeze drying, microwave drying, spray drying, and others), by distribution channel (B2B and B2C) across ten major regions North America, Latin America, Europe, East Asia, Oceania, South Asia, MEA, China, India, and Mexico.

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Fish Oil Market to Witness Massive Growth, Emerging Technology Research Report by 2022-2032

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Fish Oil are estimated to reach a value of USD 12 billion by 2032, surging at 6.0 % CAGR through the decade.

As health supplements grow more popular, top fish oil companies are focusing on delivering omega fish oil/omega-3 supplements in the global market. As a result of the high level of competitiveness, manufacturers are adding more nutrients to their products.

Because of the increased demand for fish oil from the pharmaceutical industry, prominent fish oil producers are focusing on developing new products for the global market.

Omega-3 fatty acids are required in large proportions in aquaculture, animal nutrition and pet feed, supplements and functional food, medications, and other industries. Furthermore, fish oil helps the neurological system work properly and enhances the cardiovascular system.

As doctors and the general public become more aware of the importance of omega-3 fatty acids, fish oil consumption has increased substantially. As a result, companies are developing nutraceutical products with enriched EPA and DHA. The increased need for EPA and DHA in human nutrition has had an impact on the global fish oil market.

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Key Takeaways from Market Study

  • With a market share of 1 percent in 2021, North America will continue to dominate the worldwide market.
  • China’s market is projected to be strengthened by the ingredient’s potential for sports nutrition, as well as expanding chances for highly personalised nutrition.
  • Australia currently controls 73.4 percent of the Oceania market and is expected to increase at an annual rate of 8.7% in the next years.
  • India is one of the fastest-growing economies in South Asia, and fish oil is in high demand.
  • In 2021, India’s fish oil demand is expected to be worth USD 37.7 million.
  • In 2021, sales of pharmaceutical-grade fish oil are estimated to account for more than 48% of total sales.
  • Fish liver oil sales are increasing as a result of the increased demand for sardine oil in animal feed.
  • Germany held a 2 percent market share in Europe in 2021

“Due to consumers’ hectic lifestyles and increased taste, ingredients, and flavour, the Fish Oil sector is on the rise. Increased product awareness, as well as industry-wide research and development, are critical elements in market expansion.”, –says a lead analyst at Future Market Insights.

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Competitive Landscape

The fish oil industry is slightly fragmented, varied, and competitive, with a number of small and mid-sized businesses actively engaged in product development and research. Every region has seen the growth of subsidiaries, commercial divisions, and research institutes supported by major participants in the fishmeal and fish oil sector.

Some of the leading companies offering Fish Oil are Omega Protein Corporation, FF Skagen A/S, Pesquera Diamante S.A., Copeinca AS, Marvesa Holding N.V., Pesquera Exalmar, Corpesca S.A., Colpex International, FMC Corporation, TripleNine Group A/S.

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By Grade:

  • Feed Grade Fish Oil
  • Food Grade Fish Oil
  • Pharma Grade Fish Oil

By Process:

  • Crude Fish Oil
  • Refined Fish Oil
  • Modified Fish Oil

By Product:

  • Salmon Oil
  • Tuna Oil
  • Cod Liver Oil
  • Sardine Oil
  • Squalene Oil
  • Krill Oil
  • Anchovy Oil
  • Menhaden Oil
  • Others

By End User:

  • Aqua-feed
    • Crustaceans
    • Eels
    • Cyprinids
    • Marine Fish
    • Salmon & Trout
    • Tilapias
  • Food & Beverages
  • Dietary Supplements
  • Cosmetic & Beauty Products

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

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Non-dairy Yoghurt Market Expected to Reach Tremendous Growth by 2032

The non-dairy yogurt market is valued at nearly US$ 6.77 Bn in 2021. The market is projected to grow at a CAGR of 5.8% through 2032 with a projection value US$ 12.2 Bn by 2032.

Stimulated by innovations in flavored yogurt varieties, global non-dairy yogurt market is set for an upward growth trend over the course of next decade. non-dairy yogurt market will be primarily driven by rise in inclination towards the consumption of plant-based products. The trend of natural and organic is also significantly contributing to the growth of non-dairy yogurt market.

In contrast to its conventional counterpart, organic non-dairy yogurt would account for a third of global market value in 2022. This share is however expected to expand in the near future, attaining the market value of over US$ 3 Bn at the end of projection period. The demand for flavored non-dairy yogurt continues to rise owing to widespread availability and innovations in terms of taste.

Key Takeaways – Non-Dairy Yogurt Market Study

  • The demand for coconut yogurt will increase at a CAGR of ~5.8% during the forecast period (2022-2032).
  • Demand for global soy non-dairy yogurt in global market roughly equates the value of US $ 2 Bn and will account for 2/5th share in total market revenue in the near future.
  • Sales of non-dairy yogurt is foreseen to be higher in countries of South Asia and East Asia.
  • Organic non-dairy yogurt is yet to enter the mainstream.
  • Increasing demand for natural and organic plant-based food products among consumers resulted in the increased usage of non-dairy yogurt in the food and beverages industry.
  • The population allergic to nuts and seeds may remain a longstanding penetration challenge facing non-dairy yogurt market players.
  • Consumers’ choices nowadays reflect healthy and cost-effective preferences along with social and moral values, where non-dairy yogurt offers ethical and environmentally-friendly products to these consumers.

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Increasing incidences of lactose intolerance are translating into substantial demand for lactose-free, plant-based dairy products. These products that are witnessing high demand include soy yogurt, almond yogurt, coconut yogurt, oat yogurt, and rice yogurt.

What Does Competitive Landscape Analysis Reveal?

Key manufacturers are focusing to increase expenditure for research and development activities to introduce innovative non-dairy yogurt flavors. These manufacturers are also strategizing for portfolio expansion and supply chain management to improve their foothold around the world. Plant-based dairy products as a concept are practically unfamiliar in rural areas and certain cities in developing countries, are signifying comparatively low growth prospects of the non-dairy yogurt market in many countries. This scenario is anticipated to change in the next coming years on the account of macro factors which includes Internet penetration, which has been prompting the unification of media and food culture.

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Non-Dairy Yogurt Market Segmentation

Product:

  • Soy Yogurt
  • Almond Yogurt
  • Coconut Yogurt
  • Oats Yogurt
  • Rice Yogurt
  • Pea Yogurt
  • Others

Nature:

  • Organic
  • Conventional

Form:

  • Drinkable Yogurt
  • Spoonable Yogurt

Flavor:

  • Plain/Unflavored
  • Flavored

Sales Channel:

  • B2B (HoReCa & Other Food Services)
  • B2C
    • Modern Grocery Retailers
    • Hypermarket/ Supermarket
    • Convenience Store
    • Specialty Store
    • Online Retailers
    • Wholesalers
    • Other Retail Forms

The report covers exhaustive analysis on:

How much is the Non-dairy Yogurt market current 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 Non-dairy Yogurt sales?

How are market players reacting to the new developments in the market?

Which are the major countries driving demand for Non-dairy Yogurt?

Who are the major players in the Non-dairy Yogurt market?

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

Contact: 

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Suite 401, Newark, Delaware – 19713, USA

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Food Premix Market Report Covers Future Trends with Research 2022-2032

In this report, Future Market Insights (FMI) delivers key insights on the global food premix market in its recently published report, titled “Global Food Premix Market: Industry Analysis and Opportunity Assessment, 2022–2032.” In terms of revenue, the global food premix market is estimated to expand at a CAGR of 5.2% over the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

food premix market will likely reach a value of USD 3.2 Bn by the end of the 2032 forecast period. The demand for food premix is anticipated to be a value CAGR of 5.2% and is anticipated to reach USD 1.8 Bn in 2022. Amino acid based food premixes will likely capture 31% of total market revenue.

The increasing demand for food fortification backed by growing demand for fortified custom premixes across the regions by various manufacturers, are expected to be the key factors driving market growth for food premixes. The demand for food fortification has increased significantly in the recent past due to the high rate of micronutrient deficiency disorders among the global population, and the lack of micronutrients in food could lead to severe forms of malnutrition. Thus, foods such as wheat, maize, flour, sugar, and vegetable oils are fortified with vitamins and minerals to ensure better health of the consumers.

The market is segmented based on form, ingredient type, application type, function type and regions. On the basis of form the market is segmented in to, powder and liquid. Based on form the segmentation includes, powder and liquid food premixes. Powdered segment is expected to grow at a CAGR of 5.6% over the forecast period.

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By Ingredient type global food premix market is segmented into vitamins, minerals, amino acids, nucleotides and others (botanicals). Vitamins as a premix in various applications is expected to contribute towards maximum revenue growth in the overall food premix market by form. The segment is being expected to be valued at US$ 802.6 Mn by 2027.

By application type, the market for food premix is segmented into, early life nutrition/ baby food, food & beverages, dietary supplements, pharma OTC drugs and nutritional improvement programmes. Food & beverage segment is further sub-segmented into medical nutrition, sports nutrition, fortified dairy & beverages and bakery products.

Food & beverage segment is expected to contribute towards maximum revenue growth of food premix market over the forecast period. By function type global food premix market is segmented into bone health, immunity, digestion, weight management, vision health, heart health, energy, brain health & memory and others. Premixes for weight management are expected to contribute towards maximum revenue growth in the overall food premix market by function type. The segment is being expected to be valued at US$ 515.5 Mn by 2027.

The next section of the report highlights the food premix market, by region, and provides the market outlook for 2022–2032. Main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding China (APEC), China and the Middle East & Africa (MEA).

North America market has been estimated to dominate the food premix market, accounting for maximum revenue share of the market by 2017 end. Collectively, North America, Western Europe & APEC and China are expected to account for 78.9% revenue share of the global food premix market by 2017 end. However, China is estimated to exhibit a significant CAGR of 7.2% over the forecast period.

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Some of the key players in the global food premix market include, Glanbia plc, Archer Daniels Midland Company, Koninklijke DSM N.V., BASF SE, Jubilant Life Sciences, Fenchem Biotek Ltd., Prinova Group LLC, Watson Inc., Barentz International B.V., LycoRed Limited, SternVitamin GmbH & Co. KG, Farbest Brands and Hexagon Nutrition Pvt. Ltd., and others. The report discusses individual strategies of companies adopted for enhancing their product portfolio, creating new marketing techniques, product offerings, mergers, and acquisitions. The ‘competitive landscape’ is included to provide report audiences with a dashboard view and company share collectively.

The report covers exhaustive analysis on:

  • How much is the Food Premix market current 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 Premix sales?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for Food Premix?
  • Who are the major players in Food Premix Market?

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

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Infant Nutritional Premix Market Current Trends And Future Growth Estimations Outlook To 2032

According to Future Market Insights (FMI), The Global Infant Nutritional Premix Market size was estimated at USD 235 million in 2021 and expected to reach USD 370 million in 2032, at 4%.

The infant nutritional premix demand is predicted to rise significantly over the forecast period. The rapid migration of working women into metropolitan areas has resulted in an increased need for quick and nutritious baby nourishment. Consumer understanding of infant food’s potential health benefits has prompted them to regard it as a viable alternative to nursing.

To support good postnatal growth and to reduce newborn morbidity and death, infants require an appropriate vitamin and mineral intake. As a result, babies are provided a high-nutrient food premix to suit their nutritional requirements. Infant nutrition is a broad term that refers to a variety of infant nutrition products for babies and infants.

Newborn nutritional premixes made with organic foods, probiotics, vitamins, and amino acids are becoming increasingly commonly utilised around the world as awareness of their benefits grows.

Increased demand for purified protein-based newborn nutritional premixes, increased investment by key players to create high-quality infant nutritional premixes, and increased innovation in infant nutritional premixes are likely to propel the Infant Nutritional Premix Market over the projection period.

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Key Takeaways from Market Study

  • Because of the existence of key market players and a high consumption rate, the United States will control over 36% of the global market throughout the projection period.
  • Vitamin-based infant nutrition premix contributed for roughly a third of the entire market share in 2021, and it is predicted to expand at a rate of more than 5% over the following ten years.
  • The growing desire for homemade, fresh, organic baby food, are driving the market for infant nutritional premixes in China.
  • Market players are experimenting with new ways to handle, package, and technical development.

“ Leading organisations around the world are focusing on customising  vitamin and mineral premixes, which is propelling the market of Infant Nutritional Premix even further”.-says a lead analyst at Future Market Insights.

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Competitive Landscape

Infant Nutritional Premix have a strongly competitive global market. Leading companies are experimenting with new marketing approaches, opening new retail locations, technological advancements, and mergers and acquisitions.

Some of the leading companies offering Infant Nutritional Premix are Koninklijke DSM N.V, Hexagon Nutrition Pvt. Ltd., Vaneeghan International B.V, SternVitamin GmbH & Co. AG, BASF SE , Lycored Limited, Watson Inc., Fenchem Biotek Limited, Farbest Brands, Glanbia Plc.,  Jubilant Life Sciences, Prinova Group LLC, Barentz International B.V, Vitablend Nederland B.V, ADM.

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

 

By Form :

  • Powder
  • Liquid

By Ingredient :

  • Vitamins
  • Minerals
  • Nucleotides
  • Amino Acids
  • Others

By Function :

  • Bone Health
  • Immunity
  • Digestion
  • Vision Health
  • Brain Health & Memory
  • Others

By Distribution Channel :

  • Pharmacy Stores
  • Specialty Outlets
  • Supermarkets
  • Online channel
  • Others

By Region :

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

The report covers exhaustive analysis on:

  • How much is the Infant Nutritional Premix Market current 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 Infant Nutritional Premix Market sales?
  • How are market players reacting to the new developments in the market?
  • How much share does the top 5 companies hold?
  • Which are the major countries driving demand for Infant Nutritional Premix Market?
  • Who are the major players in Infant Nutritional Premix Market?
  • What outlook does North America provide?
  • At what rate will the U.S. Infant Nutritional Premix Market grow?

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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Soluble Fiber Market Detailed Analysis of Current Industry Figures with Forecasts Growth By 2032

The Soluble fiber market size is estimated to be around USD 4.97 Bn in 2021 and is estimated to grow at over 10.24% CAGR, reaching a valuatione of USD 14 Bn by 2032.The rise in consumer awareness of health and fitness, as well as the trend toward eating a balanced diet that is excellent for health and avoids diseases, is expected to drive demand for soluble fiber and products that contain soluble fiber as a primary component, such as prebiotics.

Breakfast cereals are quickly gaining market share in the global soluble fiber business due to their improved nutritional profile. This is due to customers’ increased health concerns about the harmful consequences of processed and fast foods, as well as excessive calorie consumption in relation to daily intake amounts. Increased demand for functional and healthy food products among the country’s elderly population would create a strong foundation for the cereals and grains segment’s growth, boosting the soluble fiber market.

Key takeaways:

  • To boost the nutritional content of their products, many fast-moving consumer goods businesses have added dietary fibers to their products. The key drivers of this market’s growth are the health benefits received from dietary fiber consumption.
  • The Asia Pacific is expected to be the fastest-growing region for the soluble fiber market. China is expected to be the most dominant market for soluble fiber in the Asia Pacific, followed by Japan.
  • Breakfast cereals are quickly gaining market share in the global soluble fiber business due to their improved nutritional profile.
  • To help the health-conscious people become healthier, manufacturers are entering the soluble fiber industry by providing a selection of low-calorie, sugar-free, preservative-free ready-to-cook, and ready-to-eat foods. For consumers who want to improve their fiber consumption, there are now a number of beverage options that are high in soluble fiber.
  • The Prebiotics Market is predicted to grow at a CAGR of 10% between 2022 and 2032, with a market value of roughly USD 4.9 billion in 2021. Inulin is a soluble fiber derived from plants that offer a number of health benefits. It is an important component of a prebiotic supplement.

“ The soluble fiber market is estimated to grow rapidly due to rising awareness regarding health and fitness, rising digestive problem among elders, high cases of cholesterol leading to various cardiovascular diseases as well as changing lifestyle and demand for prebiotics,” says a lead analyst at Future Market Insights.

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Way forward for the Soluble fiber market

Pharmaceutical firms employ pectin as an active ingredient to lower blood cholesterol, and it is thought to have qualities that can reduce the incidence of colon cancer and prostate cancer. Because of its numerous health benefits, soluble fiber consumption is projected to climb as health awareness grows.

The Prebiotics Market is predicted to grow at a CAGR of 10% between 2022 and 2032, with a market value of roughly USD 4.9 billion in 2021. Inulin is a soluble fiber derived from plants that offer a number of health benefits. It is an important component of a prebiotic supplement. It also aids weight loss by lowering cholesterol, easing constipation, and lowering blood pressure. Because obesity and digestive disorders are on the rise, growth in demand for soluble fibers and prebiotics could help this market flourish.

To boost the nutritional content of their products, many fast-moving consumer goods businesses have added dietary fibers to their products. The key drivers of this market’s growth are the health benefits received from dietary fiber consumption. Consumer demand in this industry has also been spurred by a lack of high-quality fruits and vegetables to meet daily nutritional needs. Dietary fibers, when included in a daily diet, can help with intestinal health, cholesterol management, and blood sugar regulation, among other things. Increased consumer awareness of the fitness and wellness industry has propelled the industry’s market growth to new heights.

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Get More Valuable Insights

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

Segmentation for Soluble Fiber Market

By Source :

  • Fruits and Vegetables
  • Cereals and Grains
  • Others

By Type :

  • Pectin
  • Beta-glucan
  • Polydextrose
  • Inulin
  • Others

By Application :

  • Animal Nutrition
  • Food and Beverages
  • Nutraceuticals & Pharmaceuticals
  • Others

By Region :

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

The report covers exhaustive analysis on:

How much is the soluble fiber market 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 soluble fiber sales?

How are market players reacting to the new developments in the market?

How much share do the top 5 companies hold?

Which are the major countries driving demand for soluble fiber?

Who are the major players in the soluble fiber market?

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

About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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