Market Research Blog – Page 11515 – New Product Development

Powder Induction and Dispersion Systems Market Key Trends Factors, Comparison with Prior Studies and Limitations -2029

The global powder induction and dispersion systems market size is expected to reach US$ 3210.1 Mn by the end of 2029. According to the report, market is expected to expand rapidly in the target market in the coming years due to rapid industrialization, which in turn increases demand for powder induction and dispersion, supports revenue growth for powder induction and dispersion. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Powder induction and dispersion system is a highly efficient and versatile powder system that helps remove the formation of dust which may contaminate food products. This therefore makes the environment around the machine clean and safe hence saving money by reducing the loss of power. Preferably these systems are used for processing nutrients of all kinds.

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As COVID-19 spreads around the world, the powder induction and dispersion systems market will continue to experience disruption. In addition, evidence of global supply chain issues can be seen as year-to-date imports. The supply of these goods will suffer as demand is likely to drop in response to the curbs implemented to contain the spread of the virus.

Shutdowns Due to COVID-19 Outbreak will Negatively Impact Growth

Coronavirus outbreak has resulted in sharp decline in consumer demand which in turn, will adversely affect the powder induction and dispersion systems market. Manufacturers expected to get hit the worst. The manufacturers are also expected to sustain or grow sales in the coming months. Lower shopping activity as a result of shutdowns is anticipated to negatively affect demand. Difficulty in obtaining goods or needing to source them from countries with higher production costs can dampen demand for wholesalers of this market.

It includes in-depth insights into the powder induction and dispersion systems market. Some of these are:

The estimated value of the market was at US$ 1890 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Asia-Pacific powder induction and dispersion systems market is estimated to grow at a healthy pace.
China and India are expected to hold considerable share in terms of revenue in the Asia-Pacific market over the forecast period.
In-line mixing type is projected to witness the fastest growth during the forecast period owing to the availability of aftermarket solutions.
Increasing use of conventional power induction technology in different industries restrains this market development.
Growing demand for powder induction and dispersion systems in various applications coupled with the presence of manufacturers in countries in the region are some of the factors anticipated for fuel growth in the Asia Pacific market for powder induction and dispersion system market.

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Who is Winning?

Some of the major players operating in global powder induction and dispersion systems market are Admix Inc., Axiflow Technologies, Charles Ross & Son Company, Hayward Gordon Group, IDEX Corporation, IKA Werke GmbH, John Bean Technologies Ltd., Joshua Greaves & Sons Ltd., Noritake Co. Ltd., Silverson Machines Inc., SPX Flow and Ystral GmbH.

Major industries are estimated to be government & defense, education & research, manufacturing, media & entertainment, healthcare & life sciences, energy & utilities, and earth sciences. These industries have an established base resulting in stable market demand. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

POWDER INDUCTION AND DISPERSION SYSTEMS MARKET TAXONOMY

The global Powder Induction and Dispersion Systems market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Application

Food & beverages
Pharmaceuticals
Cosmetic and personal care products
Chemicals

Type of Mixing

In-tank mixing
Inline mixing

Process

Continuous
Batch

Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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POWDER INDUCTION AND DISPERSION SYSTEMS MARKET – KEY RESEARCH FINDINGS

The global market is expected to reach US$ 3210.1 Mn by the end of 2029.
The continuous processing segment is projected to account for a largest share in the market in terms of revenue in the coming years.
The in-line segment based on the mixing method is projected to exhibit the highest growth over the forecast period.
The pharmaceuticals segment is expected to lead the market, based on application.
Recent developments and advancements in material and device dispersion techniques are projected to create lucrative growth opportunities over the forecast period.
North America is estimated to have the largest share over the forecast period, while the Asia Pacific market is expected to expand at the highest CAGR.

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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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Bottled Water Processing Equipment Market Comprehensive Report on Segment, Limitations, Expansion of Retail Market Analysis-2030

Extensive restrictive measures set up by governments around the world to combat the global coronavirus outbreak are creating logistical challenges for the bottled water processing sector. While this is creating new bottlenecks in the sector, consumers continue to prefer stockpiling of essential commodities. This remains the key factor sustaining demand for bottled water even during the global COVID-19 crisis.

Global bottled water processing market has been projected to reach the valuation of over US$ 392 Bn between 2019 and 2029, as indicated by a new Future Market Insights (FMI) report. Bottled water processing activities will remain strong amid the pandemic, as a lack of adequate clean drinking water continues to be a critical problem across several economies.

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“A key factor driving growth of the global bottled water processing market is the rising demand for high-quality water from consumers with health concerns during the pandemic. Further, attractive packaging and product launches offered by leading players are likely to aid growth in the market,” says the FMI analyst.

Key Takeaways of Bottled Water Processing Market Study

Sales of still water will continue to hold the lead for drinking water applications, while demand for sparkling water is witnessing a higher growth rate.
Demand for PET bottle packaging is set to remain significant owing to lower costs and durability.
Reverse osmosis applications will hold pole position, while ultrafiltration will gain ground as a lucrative application area during the forecast period.
Asia Pacific will hold a major share of the global bottled water processing market, driven by rapid population growth and extensive contamination of drinking water resources in the region.

Bottled Water Processing Market – Key Growth Factors

High consumption of bottled water and tech advances in processing equipment are the primary factors sustaining growth through the forecast period.
Changes in government policies towards water resources drive the market growth through the forecast period.
Rising awareness among consumers on water and wastewater treatment procedures and importance of essential resources support demand.
New flavored product launches for millennial consumer demographics will support the market growth through 2029.

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Explore the full bottled water processing market report with 112 illustrative figures, 128 data tables and table of contents.

Bottled Water Processing Market – Key Restraints

High capital requirements for the development of new production facilities hinder market growth.
Environmental concerns of associated with the production of bottled water, and pollution from plastic bottle waste is having a negative impact on the market.

Impact of COVID-19 on Bottled Water Processing Market

While the COVID-19 virus continues to spread rapidly, the global demand for bottled water is anticipated to stay high. In addition, the growth in demand is also supported by government initiatives to provide populations in remote locations with essential commodities under the lockdown period. The outbreak is expected to generate bottlenecks owing to supply chain disruptions.

The demand for bottled water is unlikely to go down during the pandemic, sustaining sales in the market. Stockpiling activities by consumers would create temporary shortages of bottled water but creating lucrative opportunities in the near future.

Competitive Landscape of Bottled Water Processing Market

Some of the major companies profiled in this FMI report include, but are not limited to, Axeon Water Technologies, Pall Corporation, NorlandInternational Inc., Dow Chemical Co., Seychelles Environmental Technologies Inc., Velocity Equipment Solutions Inc., General Electric, and Liquid Packaging Solutions Inc. Players in bottled water processing market are leveraging consumer concerns about chemical pollutants, and the lack of legislation for the protection of safe drinking water around the world.

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BOTTLED WATER PROCESSING EQUIPMENT MARKET TAXONOMY

The global Bottled Water Processing market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Equipment

Filter
Bottle washer
Filler & capper
Blow molder
Shrink wrapper

Technology

RO
UF
MF
Chlorination
Washing
Filling

Application

Flavored water
Mineral water
Still water
Spring water

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Proanthocyanidins Market In-depth Report on Demand in Conservative Scenario & Limitations, Opportunity Map Analysis-2030

The global proanthocyanidins market size is expected to reach US$ 372.41 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.4% CAGR between 2020 and 2030. According to the report, the increased incidence and prevalence of lifestyle-related diseases like diabetes and cardiovascular disorders have strengthened the need for proanthocyanidins supplements.

The increasing demand for anti-cancer food products in populations around the world also drives the industry for foodstuffs rich in proanthocyanidins. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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Proanthocyanidins are reduced tannins with several pharmacological functions. They are considered as phytochemicals that have defence and offense molecules that offer several health benefits. The proanthocyanidins have several health beneficial properties that are antioxidant, antidiabetic, anticancer, antimicrobial, and neuroprotective.

Due to this they have a multitude of uses in pharmaceuticals and nutraceutical industries. The food processing waste and agricultural wastes contain huge proanthocyanidins amount that can be a viable source for functional ingredients and dietary supplements.

It includes in-depth insights into the proanthocyanidins market. Some of these are:

The estimated value of the market was at US$ 200 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
North America has experienced a significant rise in the percentage of ageing population which has increased the consumption of healthy food, and growing demand for pharmaceuticals are the major factors driving the market growth in the region.
United States holds major share in the region owing to substantial increase in the demand for proanthocyanidins as dietary supplements.
The rising incidence and prevalence of lifestyle related diseases such as diabetes and cardiovascular conditions has been bolstering the demand for supplements containing proanthocyanidins.
In terms of source, the type A segment will hold the larger percentage of share in the market. It is also expected to show impressive growth over the forecast period.

Despite Rising Prevalence for Dietary Supplements, Change in Buying Pattern Due to COVID-19 Outbreak will Impact Growth

Due to increase in lifestyle-related diseases, people are opting for healthier lifestyle and food. Proanthocyanidins protect and reduce the oxidative damage caused by free radicals in the body; it also helps in preventing heart-related diseases as many studies have shown that proanthocyanidins reduce blood pressure and improve fat metabolism, moreover, some studies claim proanthocyanidins to have anti-cancer and antitumor activity.

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Aversion behaviour of consumers due to COVID-19 outbreak may exacerbate effect on proanthocyanidins consumption. The supply chains are getting disrupted, blockages to transport routes particularly obstructive for the proanthocyanidins supply chains and may also result in increased levels of loss and wastage. On the other hand, panic buying has sparked demand for services to strengthen the supply chain. This has created opportunities for manufacturers.

Who is Winning?

Some of the major players operating in Proanthocyanidins market includes NOW Health Group, Inc., Bio Botanica, Inc., Ocean Spray Cranberries, Inc., IL Health & Beauty Natural Oils Co., Inc., Swanson Health Products, Inc., Atrium Innovations Inc., Skin Actives Scientific and others.

High investments by players operating in the market on developing proanthocyanidin products that cater to various applications such as healthcare, skincare etc., are anticipated to drive the market growth in the coming years. Efforts of manufacturers to back nutritional benefit claims through in-vitro studies prove as a strong underpinning to the demand for proanthocyanidins as dietary supplements. Moreover, players operating in the market are investing in R&D to develop products with enhanced benefits fuelling proanthocyanidins market growth.

Proanthocyanidins Market Taxonomy

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

Application

Food & Beverages
Dietary supplements
Personal Care & Cosmetics

Source

Pine Bark
Grape Seed
Berries

Distribution Channel

Drug and pharmacy store
Convenience stores
Modern Trade
Online retail

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Region

North America
Latin America
Europe
Asia
Oceania
MEA

PROANTHOCYANIDINS MARKET – KEY RESEARCH FINDINGS

The global proanthocyanidins market will expand at a CAGR of 6.4% over 2020-2030.
The market has noticeable demand from the food industry.
Grapes seed remains the preferred source; Cranberry to gain gradual traction.
North America is the market front-runners for the proanthocyanidins

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Membrane Filtration Systems Market Key Driver Outlook, Limitations, Supply Side Participants and their Roles Report-2032

The global membrane filtration systems market size is expected to reach US$ 23.3 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.9% CAGR between 2020 and 2030.

According to the report, the rapidly growing dairy industry, stringent regulations for water safety & filtration, and rising demand for premium alcoholic drinks products are some factors driving the growth in the membrane filtration systems market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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Key Research Findings

Asia Pacific is a crucial market. The market is empowered mainly by increasing use of membrane filtration systems at water treatment plants across this region
Membrane filtration systems market will gain in response to the expansion of the bio-based pharmaceutical market
Membrane filtration systems are commonly used for wastewater purification and for sterilization, concentration processes and separation in food & beverage sectors
China accounts for the largest share in the Asia Pacific market
Population growth in China has spurred the need for purification technologies to ensure the availability of healthy drinking water and hygienic food and dairy products

It includes in-depth insights into the membrane filtration systems market. Some of these are:

The estimated value of the market was at US$ 14.5 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
By application, the water & wastewater segment is projected to account for the largest share in the market.
During the forecast period, the segment of tubular systems in the membrane filtration systems market for food and beverages is projected to show faster growth.
Asia Pacific is estimated to dominate the market.
Increasing strict government regulations for water safety and filtration are major factors expected to drive growth of the global membrane filtration systems market.
However, the high flow rates used in cross-flow feed can damage shear sensitive materials is expected to restrain growth of the global membrane filtration systems market. In addition, high equipment cost may hamper the market growth to a certain extent.
In terms of membrane material, polymeric and ceramic are two key segments in the market.

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“The increase in demand for dairy products, government support for membrane filtration systems technology in water purification, the growth in the purchasing power of the middle-class community for quality goods and the increase in the consumption of functional food are some of the important factors that are projected to drive demand for membrane filtration systems technology in Asia Pacific,”said a lead analyst at FMI.

Despite Focus on Healthy Diet, Change in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

Coronavirus outbreak had a considerable impact on the consumption pattern of buyers. The focus on health and hygiene products and the rise in demand for healthy organic food is indicative of key shifts in consumer behaviour. This will invariably impact growth forecasts for the market. However, top companies in the membrane filtration systems market expect supply chain and cash flow disruptions to remain the biggest hurdles even in the post lockdown situation. Following the coronavirus outbreak, companies operating in this market are under pressure to deliver products to the market in time. These developments could have a significant impact on the market.

Who is Winning?

The leading players in the membrane filtration systems market include Porvair Filtration Group, Pentair Plc., Prominent GmbH, SPX Flow, Inc., Veolia, Koch Membrane Systems Inc, 3M Company, Pall Corporation, GEA Group AG, Alfa Laval AB, Suez Water Technologies and Solutions and DowDuPont. These players are expanding their presence across various geographies and entering new markets in developing regions to expand their customer base and strengthen their presence in the market. The companies are also introducing new innovative products in the market to cater to the growing consumer demands.

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Application

Water & Wastewater
Food & Beverages

Module Design

Spiral Wound
Tubular Systems
Plate & Frame
Hollow Fiber

Membrane material

Polymeric
Ceramic

Technique

Reverse Osmosis(RO)
Ultra filtration (UF)
Microfiltration(MF)
Nano filtration(NF)

Region

North America
Latin America
Europe
Asia
Oceania
MEA

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Brewery Equipment Market Report on Future Scope & Limitations, Consumption & Demand in Optimistic Scenario–2032

Brewery Equipment market analysis by Future Market Insights shows that global sales of brewery equipment experienced a year-on-year (YOY) growth of 4.8% in 2021 to total sales of USD 18.5 Bn. The global brewery equipment market will surge at a rate of 5.2% in the forecast period to surpass USD 30.7 Bn in revenue in 2032.

The growing popularity of beer crops is expected to propel global demand for brewery equipment over the forecast period. The shift from traditional beer to craft beer has led to a rise in the number of micro-breweries and pubs all over the world, which in turn fuels the demand for brewery equipment.

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Europe has seen a great shift towards low-alcohol or non-alcoholic beer due to health benefits having an impact on the brewery equipment market in the region.

Rising demand for artisanal craft beer is a crucial driver for the global brewery equipment market growth. Stiff competition from global producers and top players providing cost-effective brewery equipment is a challenge for players operating in the local markets.

It includes in-depth insights into the brewery equipment market. Some of these are:

The estimated value of the market was at US$ 18 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
In North America, rise in consumption of beer and increase in beer processing have propelled the usage of brewery equipment.
In Europe, continuous demand for beer is leading to the expansion of breweries by brewers, thus driving demand for brewery equipment.
In Asia Pacific, governments of different states are relaxing the rules for setting up breweries, which is likely to help drive the market during the forecast period.
South America is also estimated to be an attractive region of the market in the near future.

Who is Winning?

Major players operating in the global brewery equipment market include GEA Group AG, Deutsche Beverage Technology, Krones AG, Lehui Craft, Della Toffola Spa., Prospero Equipment Corporation, Brewbilt Manufacturing LLC, JV Northwest, Inc., Ximo Beer Brewing Equipment, Meura, Meto Brewery Equipment, Inc., ZiemannHolvrieka GmbH, Smart Machine Technologies, Inc, Caspary GmbH, Quality Tank Solutions, Craft Kettle Brewing Equipment, Blichmann Engineering, LLC, and Criveller Group.

In order to gain competitive edge over other manufacturers, these players focus on investing in R&D to innovate and produce wide range of products which are energy efficient and environment friendly.

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Consumption Pattern May Change Due to COVID-19 Outbreak will Impact Growth

With interest rates dropping to record lows due to coronavirus outbreak, borrowing costs would be small, but the performance of government attempts to invest heavily on infrastructure will be partly dependent on their current financial status.

Growing population and increasing economic expectations have led to increased spending on foodservices. The pattern of consumption across nations, however, has changed in a short time since coronavirus ravaged the globe. Therefore their food preferences include a host of balanced, plant-based snacks. It would have an invariable effect on business growth forecasts.

Brewery Equipment Market Taxonomy

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

Product Type

Fermentation equipment
Brew house equipment
Carbonation
Control & Monitoring
Filling & Packaging
Mashing equipment
Milling equipment
Filtration system
Fittings & Valves system

Material Type

Brass
Copper
Aluminum
Stainless steel
Mild steel

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Mode of Operation

Automatic
Manual
Semi automatic

Application

Macro brewery
Micro brewery
Brewpub
Farm brewery
Regional breweries

Region

North America
Latin America
Europe
Asia
Oceania
MEA

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Technical Enzymes Market Overview & Pricing Analysis, Limitations, Demand-side Trends, Technology Roadmap Analysis-2029

The global technical enzymes market size is expected to reach US$ 1804.42 Mn & is likely to grow at a CAGR of 4% through 2032, finds Future Market Insights. According to the report, Multifunctional properties of specific enzymes in the biofuel, starch, fiber & leather, paper & pulp industries. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Technical enzymes are usually used as bulk enzymes in several industries such as pulp and paper, textile, and detergents industries; apart from these industries the technical enzymes are also used in the synthesis of organic products and biofuels. Commercially available technical enzymes used includes amylases, lipases, proteases, xylanases, catalases, and cellulases.

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Restricted Supply Chains Due to COVID-19 will Affect the Growth of the Enzymes Market

The current shutdown has brought the technical enzymes market to a standstill and the curve for recovery will rely on the government’s fiscal stimulus.. Demand for enzymes would decline as a result of higher volatility, increased precautionary behaviour, containment measures, and increased financial costs that decrease purchasing power of consumers. A majority of industries are operating under strict guidelines. Restrictive measures undertaken to prevent the spread of the disease are likely to hamper the overall growth trajectory of these industries. These restrictions are likely to limit the scope of growth for the technical enzymes market as well.

It includes in-depth insights into the technical enzymes market. Some of these are:

The estimated value of the market was at US$ 1890 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
In the forecast period the Asia Pacific region is expected to be the fastest rising market.
Because of the high sugar demand, enzymes are also used to hydrolyze starch to boost the sugar production process and increase overall efficiency.
Customer interest towards an alternative to gasoline has increased the use of biofuels in many developed countries to minimize toxic car & industrial emissions.
The increasing demand for technological enzymes in the starch and textile & leather industries is projected to generate lucrative growth opportunities for manufacturers in the Asia Pacific region.
In terms of source, the animal segment currently leads the market and is expected to remain dominant through the course of the forecast period.

Who is Winning?

Some of the major players of the global technical enzymes market include Koninklijke DSM N.V. (The Netherlands), E.I. du Pont de Nemours and Company (U.S.), BASF SE (Germany), Associated British Foods Plc (U.K.), Novozymes A/S (Denmark), Advanced Enzyme Technologies Ltd. (India), Epygen Labs FZ LLC (UAE), Maps Enzymes Limited (India) and Megazyme Inc. (U.S.) among others. The rising pattern of environmental issues in developing countries and advances in R&D activities for technological enzymes are the main factors that are projected to drive this market’s growth during the forecast period.

Furthermore, mergers and acquisitions continue to be a common strategy among market players. The companies plan to broaden their geographic presence by means of strategic collaborations.

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Technical Enzymes Market Taxonomy

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

Source

Micro organism
Plant
Animal

Application

Biofuel
Starch
Textiles & Leather
Paper & Pulp

Form

Liquid
Dry

Product Type

Amylases
Cellulases
Proteases
Lipases

Region

North America
Latin America
Europe
Asia
Oceania
MEA

Technical Enzymes Market – Key Research Findings

The global technical enzymes market will expand at a CAGR of 4.1% over 2020-2030.
The market has noticeable demand from the Bio-ethanol industry.
Micro-organism remains the preferred source; plants to gain gradual traction.
European market will have comparatively higher growth for the customized premixes market; North America is the market front-runners for the technical enzymes market.

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Food Thickening Agents Market: Competitive Landscape, Limitations, Corporate Strategy, Share, Important Changes Report-2032

The global food thickeners agents market size is estimated to be USD 2.6 Bn in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 3.8% from 2022 to 2032 and reach a valuation of USD 3.8 Bn by 2032 end.

Health Benefits Pushing Adoption of Food Thickening Agents

Food thickening agents are commonly used for texture and consistency enhancement, without compromising on taste or savory. Moreover, health benefits associated with food thickening agents is also driving the overall sales. Thickens agents such as gums and starches are used a fat replacers, fibre bearing ingredients gums naturally resist digestion whereas starches act as primary energy sources, and the ability to replace high-carb ingredients by reducing the overall calorie content of the food are some key reasons behind enhanced consumption of food thickening agents.

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Consumer inclination towards plant-based food thickening agents is estimated to grow, especially among vegans, in the coming years. Economically priced starch offering high stability and viscosity will make it the fastest growing product segment through 2028.

Application in bakery and confectionary coupled with rising demand for gluten-free bakery products is projected to dominate the global consumption of food thickening agents. The ability of thickening agents to increase the viscosity without altering other taste aspects of the food and beverages and providing an improved mouth feel has made it immensely popular among food manufacturers.

Multiple Functionalities of Food Thickening Agents to Provide Product Innovation Opportunities for Manufacturers

Incidences of medical conditions such as difficulty in swallowing or dysphagia, has led to a greater adoption of food thickening agents as it helps in slowing down the transit of fluids and food, providing more coordination time for the swallowing process. Additionally, cases of dysphagia in infants has created opportunities for food thickening agents manufacturers to come up with innovative baby food, addressing the concern pertaining to rising back of food in the oesophagus, among infants. Since, food thickening agents are also used as stabilizers, providing a longer shelf life to processed food, manufacturers of pet food see this an opportunity to come up with canned food for dogs and cats. Listed in Annex of the Council Directive of Europe, Cassia Gum is considered safe for canned pet foods.

Key Segments Covered

Global Food Thickening Agents Market – By Source

Plant
- Guar Gum
- Gum Arabic
- Locust Bean Gum
- Pectin
- Starches
- Other Plant Sources
Seaweed
- Carrageenan
- Agar
- Alginate
Microbial
- Gellan Gum
- Curdlan
- Xanthan Gum
Animal (Gelatin)
Synthetic
- Carboxy Methyl Cellulose
- Methyl Cellulose

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Global Food Thickening Agents Market – By Application

Bakery & Confectionery
Meat & Poultry
Sauces & Dressings
Beverages
Dairy Products
Other Applications

Global Food Thickening Agents Market – By Region

North America
Western Europe
Eastern Europe
Latin America
Asia Pacific excluding Japan
Japan
Middle East & Africa

Frequently Asked Questions

How much is the food thickening agents market current worth?
At what CAGR is the market expected to grow?
How was the performance in the last five years?
What is boosting food thickening agent’s 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 food thickening agents?
Who are the major players in food thickening agents market?
What outlook does North America provide?
At what rate will the U.S. food thickening agents market grow?

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Micronized Salt Market Analysis on Purity Grade, Limitations, Consumer insights & Future Scope-2032

Micronized salt market size was estimated at USD 2,671.4 Mn in 2022 and expected to reach USD 3,804.8 Mn in 2032, at a CAGR 3.6%.

Micronized salt’s growing appeal in the processed food industry is due to its consistency and purity. Micronized salt, regarded as an ideal taste enhancer, enhances the shelf life of vegetables and meat in addition to processed foods. The widespread usage of micronized salt in end-use applications such milk and dairy products, bakery and confectionery products, and drinks is likely to propel the worldwide micronized salt market to stable growth.

In a new publication, Future Market Insights (FMI) projects that in terms of value, the global micronized salt market revenue will expand at a CAGR of 3.6% during the forecast period. In terms of revenue, the global micronized salt market accounted for US$ 2,319.0 Mn in 2022 and is anticipated to increase to reach US$ 3,305.8 Mn by 2032. A detailed competition assessment and revenue forecasts for a period of 10 years from 2022 to 2032 are elaborated with respect to each segment and sub-segment of the global micronized salt market.

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The micronized salt market is segmented based on grade and application. By grade, the micronized salt market is segmented into purity 98% – 99.5% and purity above 99.5%. Among both of these segments, purity above 99.5% is expected to dominate in the global micronized salt market both in terms of value and volume during the forecast period. By application, the micronized salt market is segmented into bakery & confectionery products, meat, poultry & seafood, milk & dairy products, beverages, canned/preserved fruits & vegetables, prepared meals and others. Among all these segments, bakery & confectionery products is expected to account for the largest value share followed by the meat, poultry & seafood segment by 2028 end.

Key Segments Covered

By Grade:

Purity 98% – 99.5%
Purity Above 99.5%

By Application:

Bakery & Confectionery Products
Meat, Poultry & Sea Foods
Milk & Dairy Products
Beverages
Canned/Preserved Fruits & Vegetables
Prepared Meals
Other Applications

Region:

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

However, the advent of salt substitutes, high costs of micronized salt, and abundance of alternatives such as high purity solar salt are posing challenges to the growth of the global micronized salt market.

Detailed profiles of some of the companies operating in the micronized salt market are included in the scope of the micronized salt market report to evaluate their long-term and short-term strategies, key offerings and recent developments in the micronized salt market.

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Micronized salt manufacturers include:

K+S Aktiengesellschaft
Ciech S.A.
Tata Chemicals Ltd.
AkzoNobel N.V.
INEOS Group Limited, Dominion Salt Limited
AB Hanson & Mohring
Cerebos Ltd
Kensalt Ltd.
Cheetham Salt Limited
ACI Limited
WA Salt Group
Cerebos Ltd, Infosa
Nirma Limited
Zoutman NV
BGR International Ltd.
China Salt Jintan Co. Ltd.

Key Questions Answered by the Report

What is the size of the micronized salt market?

The micronized salt market is expected to hit a US$ 3.3 billion value by 2032. The growth rate for the micronized salt market is estimated at 3.6% CAGR between 2022 and 2032.

Which are the largest markets for micronized salt?

North America and Western Europe remain the dominant markets for micronized salts. Expansion of food and beverage processing activities in these regions are major influencers.

Which are the top companies in micronized salt market?

Suedwestdeutsche Salzwerke AG, K+S Aktiengesellschaft, Australian Saltworks, Ciech S.A., China Salt Jintan Co., Ltd., and Tata Chemicals Ltd. are among the leading market players in the global micronized salts market.

What are the uses of micronized salt?

Micronized salts are primarily used as a preservative and flavouring agent in the food and beverage industry, for longer shelf life, supported by high consistency and purity.

In which grades are micronized salt available?

Manufacturers produce micronized salts in two forms – 98 to 99.5% purity and above 99.5% purity. The demand and production of above 99.5% purity micronized salts is greater, aided by applications in processed food and beverage formulations.

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Banana Flakes Market Overview & Analysis, Sales Outlook, Limitations, Profitability by Market Segments, Industry Size and Forecast to 2032

The growing demand for organic goods in both developed and developing countries has a big influence on the global banana flakes market. As people become even more increasingly health – conscious across the world, there is a growing desire for healthier foods.

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Banana Flakes are estimated to reach a value of USD 810 million by 2032, surging at 4.6% CAGR through the decade.

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Organic food consumption is becoming more popular throughout the world, with people becoming more interested in organic production practices. Growing market for gluten-free, organic, and nutritious products is anticipated to raise the demand for banana flakes over the next decade.

The growth of fast service local restaurants outlets in emerging countries including the Middle East and Africa, as well as Asia and the Pacific, has resulted in a favourable shift in demand for banana flakes as a healthy fast food alternative.

This trend is expected to continue and extend throughout developed regions in the coming years. Despite the fact that conventional is the more popular source in terms of units eaten, the organic category is projected to grow at the rapid pace in terms of revenue throughout the forecast period.

Key Takeaways from Market Study

Banana flake consumption in India is predicted to expand at an annual pace of over 8%.
With a growth expected to surpass 6%, Germany is one of the most important countries in the European Snack Pellets market.
During the forecast period of 2022-2032, the organic category is predicted to develop at the fastest rate in terms of value, with a CAGR of 6.5 percent.
As banana flakes are gluten-free, their popularity is predicted to grow as a result of their health benefits.
Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

“The growing focus on the consumption of organic food products in developed regions such as Europe and North America is likely to open lucrative opportunity for market players in the long run”, –says a lead analyst at Future Market Insights.

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Competitive Landscape

Banana flakes have a strongly competitive global market. To stay ahead of the game and outperform their competitors, businesses are using innovative methods such as expanding their worldwide client base and utilising various advertising approaches.

They’re focusing on increasing production capacity and also doing research and innovation to create products that highlight the nutritional advantages of banana flakes.

Some of the leading companies offering Snack Pellets are Orkla Group, Raeler Fruchtchips GmbH, Om Foods Inc, Van Duren Farms, Johs. Thoms GmbH & Co. KG, Tradal Brazil, Z Natural Foods, Symrise, Seawind International LLC, VINJ-Food,Dermasal., Nutritional Designs, Inc., Futurcorp S.A., Cosmo Foods, Agro America, and Grupo Industrial Michel.

Get More Valuable Insights

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

Source:

Organic
Conventional

Application:

Household
Food & Beverage Industry
Other Application

Sales Channel:

Direct Sales
Indirect Sales

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Region:

North America
Latin America
Europe
Japan
Asia Pacific Except Japan-APEJ
Middle East and Africa-MEA

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Stove Cover Market Strategies Based On Type, Applications, End User And Region to 2030

Stove cover is a shield that protects the entire hot plate or individual gas stove according to user requirement. The need for better handle the mess happening inside kitchen room, to protect and enhance the shelf life of stove or hot plate, is making a stove cover a mandatory kitchen tool for every household.

Besides this, commercial usage such as hotels, restaurant/bar, individual cafes, and other institutions, are also rising the astonishing demand for stove cover market across the globe.

There are different print designs of stove cover available in the market which can also be customize for both household and commercial applications ranging from low to ultra-high prices, which is further anticipated to boost the demands for stove cover.

The most evident features of stove cover such as durable though lightweight, ease in handling, and fabulous print finishes makes stove cover one of the most attractive product of everyday life.

Besides its decorative feature, stove cover are come with an extra benefit of adding to the surface area whens the stove and hot plates are not in use.

That can be a huge benefit for those who have a limited living space. Manufacturers are also providing large, customized stove covers for commercial applications that are ideal for food processors, restaurants, hotels and others.

All these factors, brings abundant of opportunities for stove cover companies and distributors to advertise their products for capturing unexploited regions of the globe.

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Stove Cover Market: Dynamics

Increasing customers concern for kitchen hygiene and increasing spending on improving stove’s shelf life is significantly driving growth of the global stove cover market.

Arrival of new products in the market such as aluminum foil disposable stove cover, wooden cutting board cum stove cover is responsible for changing the demand side and supply side trends in the stove cover market across the world.

Moreover, an increase in the number of single person home across the globe have positively boosted the more demands for kitchen needs which in turn driving the global stove cover market.

On the other hand, increasing purchasing power and increasing urbanization in developing countries such as China, India, Mexico, Argentina, and others are expected to fuel growth of the stove cover market during the forecast period.

Sometimes, the high prices of customized stove covers for commercial applications and lack of new product awareness amongst customers could emerge as the market limitation for stove cover up to certain extent.

Moreover, in these uncertain periods of COVID-19, the demand is declining for stove cover, as hotels, restaurant/bar, individual cafes, and other institutions have halted their activities as per government guidelines which generates major revenue share for stove cover market.

Stove Cover Market: Regional Outlook

Based on the geography, the stove cover market is categorized into North America, Latin America, Europe, East Asia, South Asia, MEA and Oceania. The consistent expansion of urbanization and booming e-commerce sector in South Asia and East Asia regions is likely to fuel the demand for stove cover in the coming years.

Besides, developed regions such as North America and Europe are expected witness striking demand in the stove cover due to better hygiene awareness in the people and adequate presence of prominent manufacturers in the regions is bolstering the demand for stove cover.

Oceania is also projected to register the notable market growth owing to sufficient presence stove cover manufacturers in the region.

Moreover, key players in the stove cover are penetrating their presence in Latin America and Middle East & Africa as these regions provide opportunities owing to increasing disposable income to some extent.

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Stove Cover Market: Key Players

Some of the leading stove cover manufacturers are

RangeKleen Manufacturing
Stove Kraft Limited
BSH Home Appliances Corporation
Jin Zao Kitchen Equipment and Accessories
other local stove cover manufacturers.

Regional Analysis Includes

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

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

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