Soy-based Food Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032

The global soy-based food market is set to witness growth at a CAGR of 5.8% over the forecast period (2022-2032) and top a valuation of USD 27.1 Bn by 2032.

Nutritious value and versatility of ingestible forms act as growth levers for the global soy-based food market. As consumers move towards health-conscious diets, soy food products present an ideal alternative for dairy, meat, and poultry intensive diets.

Prevalence of heart diseases is creating a lateral shift in consumer preference for cooking oil. Heart diseases are a leading cause of mortality in the US, causing about 650, 000 deaths every year. Health-conscious consumers are looking for low bad-cholesterol heart-friendly alternatives to conventional cooking oil. This has changed the soy-based food market outlook very positively.

Although presence of alternatives such as olive oil is hindering the soy-based food market growth, the manufacturers are expanding their production capacities to distribute their products at competitive pricing.

According to the World Soy Oil Processors Association (SOPA), the global soy oil production in 2019-2020 was more than 56 million metric tons. Soy-oil is a healthier alternative; and the soy-based food market analysis indicates that the successful marketing campaigns are viewing millennials and geriatrics as their target consumer base.

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While consumers have been increasingly shifting towards health-centric products, the COVID-19 pandemic has provided further impetus to the soy-based food market trend. Amid nationwide lockdowns in several countries, many leading meat plants have been shut down in order to avoid further contagion of coronavirus. This potential of scarcity of meat supply is influencing consumers to turn to plant-based meat products, with meat alternatives such as tofu witnessing phenomenal sales in developed regions. Such trends have worked in favour of soy food products market and changed the global outlook drastically.

Key Takeaways from Market Study

  • East Asia is expected to dominate the soy-based food market by accounting for the maximum market value share of about 25% by 2022 end.
  • Rising demand for meat substitutes is expected to result in a subsequent increase in the demand for soy-based food in different regions across the globe which is predicted to rise considerably during the assessment period (2022-2032)
  • By product type, tofu is expected to account for a considerable market value share of the global market by 2022 end
  • Presence of soy-based food products as ingredients in non-vegetarian dishes makes them easy to digest and enhances their flavor which is predicted to influence the demand for soy-based meat products in the near future
  • Indirect channel is expected to account for a highest soy-based food market share by 2032 end.

 “Vegetarians who can’t consume meat products are looking for an alternative that provides the same amount of nutritional value owing to which the demand for soy-based food is expected to show an impressive increase in the coming decade”, says a Future Market Insights analyst.

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Competitive Landscape

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base in the soy-based food market.

The market is highly competitive without much role of dominant players such as Nestle S.A., Danone SA, Solbar Ltd, Cargill Inc., ADM Company, and others.

Recent Developments:

Atlante introduced its vegan yoghurt in the Netherlands in June 2021. The item is currently available in Superunie stores under the Own Label Melkan brand.

Explore More Valuable Insights

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

By Product Type, Global Soy-based Food is segmented as:

  • Meat Substitutes
    • Textured Vegetable Protein
    • Tofu
    • Tempeh
  • Non- dairy Yogurt
  • Non-dairy Spread
  • Non- dairy Ice Cream
  • Non- dairy Cheese

By Application, Global Soy-based Food is segmented as:

  • Meat Products
  • Dairy Products
  • Bakery and Confectionery
  • Functional Food
  • Instant Food

By Distribution Channel, Global Soy-based Food is segmented as:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Convenience Store
    • Specialty Stores
    • Independent Retailers
    • Online Retailers

 

By Region, Global Soy-based Food is segmented as:

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

Frequently Asked Questions

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

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Multifunctional Food Ingredients Market Growth, Future Prospects And Competitive Analysis 2022 to 2032

The multifunctional food ingredients market was valued at USD 134.7 billion in 2020 and is projected to reach USD 178.3 billion by 2025, recording a CAGR of 7.9% during the forecast period. Gums, gluten, lipids, and other costly or harmful substances are replaced with multifunctional food ingredients.

Food ingredients are used in food manufacturing industry to get desired product quality. Multifunctional food ingredients is defined as, ingredients which are used to replace gums, gluten, fats and other expensive ingredients. These ingredients ensures food safety and enhances shelf life, increases product yield, maintains taste, texture and appearance. In meat and poultry industry, multifunctional ingredients are used to provide safety of production during storage, to increase firmness of products, and also provide optimum indicators of rheological and thermodynamic characteristics, it helps to achieve the improved consistence and moisture holding ability of finished goods.

Oat derived multifunctional ingredients are used in bakery products to extend shelf life as it hinders the moisture migration. It also helps to improves volume and yield, enhances texture and improves nutritional value of finished products. Multifunctional food ingredient are also derived from food grade yeast and it is used to improve the flavour of fat reduced salad dressings which are pourable and this addition reduces the acid bite of added vinegar. The addition yeast extract results in a smoother and balanced flavour. Addition of multifunctional ingredient does not increases viscosity.

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Multifunctional Food Ingredients Market: Segmentation

Multifunctional food ingredients are segmented on the basis of ingredient type, applications and region. On the basis of ingredient type, multifunctional food ingredients market is segmented as flavours and emulsions, yeast extracts, oat extracts, bulking agents, fibers, hydrocolloids, and others (dairy powders). Among these segments hydrocolloids is expected to grow during forecast period. Multifunctional fibers are made from fruits and vegetable peal and pulp are used to replace expensive ingredients such as eggs, oil and pectin. With increasing application of bulking agents, this segment is expected to show fastest growth in near future.

Multifunctional food ingredients market is segmented on the basis of application type, includes dairy product, bakery and confectionery products, meat and poultry, dessert and toppings, and processed food products. Among these segments meat and poultry represents the mature market and expected to be dominant during forecast period. Multifunctional food ingredients are used in confectionery products to increase flavor intensity and taste enhancement and it ensures product stability during shelf life. Multifunctional flaxseed ingredients are used as gum replacer in cereal products such as tortillas, gluten-free products, pizza crusts, sheeted dough, batters and breads.

Multifunctional Food Ingredients Market: Region-wise Outlook

Multifunctional food ingredients market is segmented on the basis of region includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa. North America and Europe are established markets for multifunctional food ingredients. With increasing demands for processed food and ready-to-eat products, multifunctional food ingredients market is expected to register healthy CAGR during forecast period.

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Multifunctional Food Ingredients Market: Drivers

Consumers demand for clean label products and natural ingredients are major drivers for multifunctional food ingredient market. As companies are launching new ingredient blends with all natural ingredients which can be used to improve product quality without processing loss. In early 2015, Corbian launched new range of multifunctional food ingredients for meat and poultry products. Many companies are launching new products to fulfill the different gender specific requirements. For instance, in 2015 NutraGenesis LLC launched functional ingredient called Sensara which can be used in foods and beverages and it provides wellness benefits to nourish and protect a woman’s mind and body. Marine sources are used as a raw material for multifunctional food ingredients, algae is most commonly used because of its oil content, fiber content and the small particle size. Algal flour acts as multifunctional food ingredients and it can be used in bakery products such as breads, dough products, dressing, sauces and nutritional beverages.

Multifunctional Food Ingredients Market: Key Players

The key international players operating in multifunctional food ingredients market includes AlgaVia, Arla Foods Ingredients, Ashland Inc., Butter Buds Inc., E & R Food Ingredients B.V., Florida Food, Inc., Fiberstar, Inc., Z Trim Holdings, Inc., NutraGenesis LLC., Glanbia Nutritionals, Solazyme and many others.

Regional analysis for Multifunctional Food Ingredients Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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Frequently Asked Questions

  • What is the Growth Outlook for the Multifunctional Food Ingredients Market?
  • Who are the Key Players in the Multifunctional Food Ingredients Market?
  • What is the Future of the Multifunctional Food Ingredients Market?
  • Which is the Key Driver in the Multifunctional Food Ingredients Market?

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Areca Nut Market: Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2032

Global areca nut demand is anticipated to be valued at US$ 834.0 Million in 2022, forecast to grow at a CAGR of 5.6% to be valued at US$ 1438.2 Million from 2022 to 2032.

Areca nut is the fruit produced from the palm trees of South East Asia. Although, the production of areca nut is dependent on the geographic and climatic conditions of the region. Thus, the price fluctuations are majorly dependent on the production of the areca nut. The areca nuts are consumed not only for chewing with betel leaf, but also for various rituals in South East Asia Pacific countries. India is the largest consumer and producer of areca nut in the world. As high consumption of areca nut causes severe health problems, the market for areca nut has attained maturity in the global market.

Areca Nut Market Dynamics:

Areca nut is majorly influenced by weather conditions in the production area, government policies, the growth of consumer industries, government policies for consumer industries and a few others. The regular consumption of areca nut causes severe diseases such as throat cancer and mouth cancer. Due to a significant number of people affected by the consumption of areca nut, the Indian and several governments have posed various regulations over the areca nut production and consumer industries.

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This fact has restrained the market for areca nut. Also, the increasing awareness among people regarding healthy life style and severe effects of areca nut have resulted into a barrier for areca nut market. As the pre-bearing age of the palm trees is between 5 to 8 years, and only 5% of them result into seed set, the cultivation of areca nut consumes a lot of time. The time required for cultivation of areca nut and required environmental conditions such as minimum 70% humidity restrains the market at the supplier end.

Areca Nut Market Regional Outlook:

The Asia Pacific is the largest market of areca nuts in the world, with more than 90% of the global market share. India is the largest producer, as well as consumer of areca nut. India is responsible for more than half of the global production of areca nut and still imports various verities from other countries in large volume.

The major export destinations of India includes several Asia Pacific countries, along with a small share of U.A.E., U.S. and U.K. Due to relaxation offered by the Indian government on the import duty, the import of areca nut from Bangladesh has grown to around three times.

India, Bangladesh, Indonesia, Thailand, Sri Lanka and Myanmar, all together are responsible for serving the almost complete demand for areca nut. The Asia Pacific market of areca nut is well established, while several government regulations and awareness among people have resulted in the maturity of the market. MEA region, especially Sub-Saharan Africa provides a small market to the areca nuts. All the facts and figures stated above indicate a concentrated market of areca nut in South East Asia Pacific countries, while a weak market in other regions of the globe.

Areca Nut Market Key Players:

Some of the key players in the areca nut market are

  • GM group
  • Surya Exim
  • K. TRADING
  • Biotan Pharma
  • Shri Ganesh Prasad Traders
  • Marlene Traders Co., Ltd.
  • Viet D.E.L.T.A Industrial Co., Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Areca Nut Market Segmentation:

The areca nut market can be segmented on the basis of areca nut processing as

  • Chali (ripe sun-dried nuts)
  • Red boiled (tender or mature nuts)

The areca nut market can be segmented on the basis of various regional varieties of the areca nut as

  • Indian varieties
  • South Kanaka (South Kanara, Karnataka)
  • Thirthahali (Maland, Karnataka)
  • Rotha (Costal Maharastra)
  • Mettupalayam (Mettupalayam, Tamil Nadu)
  • Kahikuchi (North East India)
  • Mohitnagar (West Bengal)
  • Non-Indian varieties
  • Mangala (China)
  • Sumangala (Indonesia)
  • Sree Mangala (Singapore)
  • Others

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Frequently Asked Questions

  • What is the anticipated growth of the areca nut market until 2032?
  • Which region is forecast to be the most lucrative for areca nut market growth?
  • Which are some prominent areca nut manufacturers?

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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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Curcumin Food Color Market Is Thriving With Rising Latest Trends 2022 – 2032

Curcumin pigments find their application in food as well as personal care industrial products. The curcumin food color market is expected to reach a valuation of nearly USD 323 mn by the year 2032, pacing with a CAGR of 10.3% between 2022-2032.

Sales of curcumin food color are accounted for ~5.9% of the sales in the global natural food colors market which was valued at US$ 1.6 Bn in 2021.

Due to the growing demand for the products from the industries that manufacture alcoholic and non-alcoholic drinks, the curcumin food color sector is anticipated to have significant expansion. Additionally, over the course of the projection period, demand for curcumin food color is anticipated to be supported by expanding consumer awareness in North America and Asia Pacific, as well as growing desire for food colours obtained from non-synthetic sources.

Augmenting consumer preference for natural and organic personal care and food products is expected to spur demand for curcumin food color in the forthcoming years. Rising awareness about the benefits of organic ingredients is compelling manufacturers to use different types of natural ingredients found in consumables, packaged, and processed foods. This is changing the curcumin food color market outlook.

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The harmful side effect to allergic people from the toxic ingredients in synthetic food colors is compelling consumers to opt for greener products. Furthermore, consumers are becoming more informed about the benefits of using organic and natural ingredients like curcumin through various social media platforms.

Due to the growing need for non-synthetic alternatives like curcumin food color in the creation of pastries, muffins, and cupcakes, the market for the product in the bakery application is anticipated to experience significant rise. Additionally, it is anticipated that the adoption of curcumin food color in frosting and icing will support market expansion and economic prosperity.

Key Takeaways from Market Study

  • The curcumin food color market is anticipated to grow at a rate of 9.2% on American continents. The US curcumin market contributes over 37% of the global Curcumin food colors market.
  • The European curcumin food color market is currently pegged at approximately 525 metric tons by volume and USD 25 mn by value. The demand for curcumin food color is about to grow at 9% CAGR between 2022 and 2032 in this region.
  • The Asia-Pacific region is poised to be the fastest-growing curcumin food color market owing to the already huge beverage sector present in South Asia and the augmenting demand for natural colorant food and beverage and personal care products.
  • The beverages industry commands the highest curcumin food color market share of 25%, followed by the bakery, snacks, and cereals segment and then the dairy industry. It is used as a coloring agent in cakes, cookies, and bakes and in dairy products like ice creams, butter bars, cheeses, yogurt, etc.
  • When compared to synthetic colorants, curcumins have lesser stability and poorer solubility which is a major restraining factor for the curcumin food color market expansion.
  • Growing consumer preference for organic, healthy, and nutritious plant-derived food products is the main driver for sales of curcumin food color.
  • Urbanization and government policies that encourage the use of natural food colors across industries are expected to fuel the curcumin food color even further.

“Curcumin food colorant manufacturers should consistently innovate and adopt creative strategies to scale in an already booming market dominated by numerous regional players. Manufacturers should also strive to make plant-based food colors like curcumin more appealing to food processing industries by enhancing their solubility and miscibility,” says a Future Market Insights analyst.

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Competitive Landscape

Curcumin food color market players are participating in the various strategic alliances with leading food brands around the world to increase the reach of their products.

Some of the leading curcumin food color market players are WackerChemie AG, Chr. Hansen Holding A/S, BioMax Life Sciences, Hebei Tianxu Biotech Co., Ltd, JIAHERB, INC., Synthite Industries Ltd, BioThrive Sciences, Herboveda India Pvt. Ltd Kalsec Inc, Sensient Technology Corporation, Symrise A.G., Archer Daniels Midlands Co., Naturex S.A., DDW.

Hence, the curcumin food color market is deemed to be globally consolidated and regionally fragmented.

Curcumin Food Colors Market by Category

By Nature, the Curcumin food colors market is segmented as:

  • Organic
  • Conventional

By Application, the Curcumin food colors market is segmented as:

  • Bakery & Confectionery Products
  • Beverages
  • Fruit Preparations/ Fillings
  • Dairy Food Products
  • Potatoes, Pasta, and Rice
  • Soups, Sauces, and Dressings
  • Meat, Poultry, Fish, and Eggs
  • Seasonings
  • Others

By Form, the Curcumin food colors market is segmented as:

  • Powder
  • Liquid

By end-user industries, the Curcumin food colors market is segmented as: 

  • Food Industry
  • Personal Care Industry
  • Others

Frequently Asked Questions

  • How big is the Curcumin Food Colors Market?
  • How Much Does Curcumin food colors market contribute to the Natural Food Colors Market?
  • At What Rate will Curcumin Food Colors Demand Grow in Asia-Pacific?
  • Which is the largest F&B application of Curcumin food colors?
  • How will the tea segment perform for Curcumin food colors?

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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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Corn Fiber Market Analysis by Size, Rising Demand, Business Growth Factors and Revenue Strategies From 2022 to 2032

According to the recent FMI report, the sales of corn fiber are expected to surpass a value of USD 2.4 Bn in 2032, thriving at a CAGR of around 14.7% through 2032 while its estimated revenue is US$ 0.4 Bn in 2022.

Consumer attitudes toward nutrition are changing, and there is a growing demand for high-quality components, which is anticipated to boost the market growth, pushing the demand for corn fiber.

The corn fiber market share is expected to benefit from a trend toward healthier eating habits and increased disposable income, as well as the product’s widespread availability.

Demand for corn fiber is anticipated to rise due to a lower risk of heart disease and several malignancies, as well as preserving intestinal health, boosting bone mineralization, and enhancing calcium absorption in the body. As a result, pharmaceutical companies are increasingly using soluble corn fiber, boosting the sales of corn fiber.

Corn fiber provides numerous health benefits as it helps to maintain the body’s fiber content. Consumer awareness of the health advantages of fibers is driving demand for corn fiber among customers of various appropriateness levels.

During the teenage and postmenopausal years, fiber aids calcium absorption and retention in the bones. It has prebiotic qualities that help the intestines work better, raising the sales of corn fiber.

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Key Takeaways from the Corn Fiber Market Study:

  • Over the forecast period, pharmaceutical applications are likely to grow at a CAGR of 7.2%. It is commonly used in supplement manufacture because of its easy digestion and high content of calcium and minerals, pushing the sales of corn fiber
  • Up to 2026, the corn fiber market share in North America is expected to grow by more than 16.4%. Consumer attitudes on nutrition are shifting, and improving living standards, combined with rising obesity and cardiovascular death rates, should raise product demand.
  • Demand for Corn fiber is likely to be boosted by changing dietary habits, nutrition attitudes, and a growing young population, as well as a quick shift toward high-quality foods.
  • The Asia Pacific corn fiber market size is likely to be driven by rising demand for corn fibers as a value-added ingredient by 2032.

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

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How’s the competitive landscape of Corn Fiber Market? 

Who is winning?

With the increasing growth of the Internet in every part of the globe, consumers are becoming more aware of the benefits and functional qualities of corn fiber. As a result, food and beverage companies are turning to e-commerce to expand their global reach and presence in the corn fiber market.

Key Competitors:

Some of the leading companies offering corn fiber are Archer Daniels Midland Company, Cargill Inc., Tate & Lyle PLC, SunOpta Inc., J. Retentate & Söhne GmbH & Co. KG, Roquette Frères, HL Agro Products Pvt. Ltd., Ingredion Incorporated, Doshi Group, Grain Processing Corporation, and others.

Recent Market Developments:

  • Cargill announced intentions to invest USD 35 million in Europe to enable the manufacturing of soluble fibers, as part of a drive to diversify its portfolio of starches, sweeteners, and texturizers, in October 2019. Cargill expects its soluble fiber products to be accessible in Europe by 2021 as a result of this expansion strategy.
  • Ingredion introduced a new line of dietary fibers that is both affordable and innovative. The VERSAFIBE dietary fiber line is designed to reduce calories in pasta, baked foods, and extruded items while still providing fiber fortification. This product launch project has aided the company in satisfying increased demand in the retail and foodservice sectors for fiber fortification and calorie and carbohydrate reduction.
  • Tate & Lyle has added soluble fiber to its promitor, also known as soluble fiber, soluble corn fiber and dietary. This pushes the demand for corn fiber in new regions.

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Get Valuable Insights into Corn Fiber Market

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

Corn Fiber Market by Category

By Type:

  • Liquid
  • Powder

By Application:

  • Beverage Industry
  • Food Industry
    • Breakfast Cereals & Snacks
    • Bakery
    • Dairy
    • Confectionery
    • Infant Food
    • Meat Products
  • Pharmaceutical
  • Textile
    • Nonwovens
    • Apparels
    • Home Textiles
    • Industrial Textiles
  • Animal Nutrition

By Distribution Channel:

  • Hypermarket/Supermarket
  • Specialty Stores
  • Online Stores
  • Other Distribution Channels

Frequently Asked Questions

  • How Big is the Corn Fiber Market?
  • What is the Growth Outlook for Corn Fiber Market?
  • What is the North America Corn Fiber Market Outlook?
  • What is the Demand Analysis of Corn Fiber in Europe?
  • What Are the Key Trends Shaping the Corn Fiber 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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Yoghurt Market Trends and Opportunities Report by Forecast to 2032

The yoghurt market is anticipated to record a CAGR of 6.1%% during the forecast period, up from US$ 43.7 Bn in 2020.

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Yoghurt Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast period 2022 to 2032.

The team of researchers at Future Business Insights are focusing on research and market study to produce different Yoghurt Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Yoghurt Market.

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Key Players

NESTLÉ SA, Yakult Honsha Co., Ltd, Ultima Foods Inc, Sodiaal S.A, Chobani Inc., General Mills, and Kraft Foods Group, Inc.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

  • Type
  • Distribution Channel
  • Region

Queries Solved

  • What is the size of the overall Yoghurt Market in the Technology Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Yoghurt Market in the Technology Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Yoghurt Market in the Technology Market?
  • What is the Yoghurt Market in the Technology Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Yoghurt Market in the Technology Market?
  • What are the recent trends in Yoghurt Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Yoghurt Market in the growth of the Technology Market?
  • What are the key market trends impacting the growth of the Yoghurt Market in the Technology Market?

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Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts.This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Frequently Asked Questions

  • What is the Growth Outlook for the Yoghurt Market?
  • Who are the Key Players in the Yoghurt Market?
  • Which is the Key Driver in the Yoghurt Market?

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Probiotics after Antibiotic Recovery Market Expansion to be Persistent 2022-2032| Future Market Insights, Inc.

The global probiotics after antibiotic recovery market size is expected to reach US$ 91.77 Billion in 2032. The probiotics after antibiotic recovery market is growing rapidly. As per FMI Analysts, the global Probiotics after antibiotic recovery market is estimated to be valued at US$ 40.22 Billion in 2022 and is projected to increase at a CAGR of 8.6% in the forecast period from 2022 to 2032.

Use of probiotic after antibiotic recovery has been gaining significant momentum, as antibiotics help in effective replenishment of the gut microbiome post a complete antibiotic course. Use of antibiotics often leads to wiping out of gut bacteria along with the harmful ones, which brings use of probiotics to the fore. Use of probiotics after antibiotic recovery helps in healthy restoration of gut bacteria, which, in turn, is instrumental to retain the sound health of intestines.

Probiotics have always been touted on account of their benefits for a huge range of health conditions. Probiotics are well-known for providing multiple benefits for immunity, digestion, weight management, and others. Moreover, use of probiotics for gastrointestinal disorders continues to be a major application, as they help in restoring normal bacterial microflora and enhance functioning of the GI tract.

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Use of Probiotics after Antibiotic Recovery- Novel Developments

Companies involved in development of probiotics for use after antibiotic recovery are focusing on new product launches to boost consumer confidence, which, in turn, will offer new business opportunities for probiotics after antibiotic recovery.

  • In 2017, Evonik Industries AG- a leading specialty chemicals company- introduced its line of probiotics ‘GutCare® PY1’ into the Asian market via new product launch in China. This is a part of the company’s strategy to be at the forefront of development & commercialization of sustainable probiotic products for animal nutrition. GutCare® PY1 was introduced to the Chinese market at the popular China Feed Expo held at Fuzhou. This new product is the first ever probiotic exclusively developed by Evonik and was initially introduced into the US market in 2017.
  • In 2018, Novozymes and Adisseo made an official announcement that Alterion®, a complete probiotic solution for maintaining good gut health in poultry, attained the approval by EFSA (European Food Safety Authority). The product was launched across Europe in 2018 as a safe & consistent alternatives to the antibiotic growth promoters. Building on the successful launch and co-development of Alterion, the companies are now focused on development of a joint pipeline of new products with better functionalities.

Probiotics after Antibiotic Recovery- Market Dynamics

Probiotics after Antibiotic Recovery- Efficacy of Probiotics in Restoration of Gut Flora Boosts Adoption

Probiotics after antibiotic recovery is gaining significant traction on account of concerns associated with aftermath of antibiotic consumption. High efficacy of probiotics in effective nourishment of gut health is boosting the adoption of probiotics after antibiotic recovery.

Antibiotics, apart from killing the harmful bacteria, do have negative impact on the healthy gut bacteria, which might disturb the balance of the microbium shifts. Some of the issues associated with imbalance of gut bacteria include irritable bowel syndrome, anxiety, autoimmune disorders, acid reflux, and others. Patients are turning to preemptive use of probiotics after antibiotic recovery to avoid the antibiotic-associated complications and retain the right balance of gut flora or gut microbiota.

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Probiotics after Antibiotic Recover- Consumers Show Marked Preferences for Probiotic Supplements 

Consumers are turning to probiotic dietary supplements, as a viable source of probiotic consumption after antibiotic intake. Sales of probiotic dietary supplements have hit new records with growth at an impressive rate, which offers credence to the fact that consumers are willing to invest in probiotic dietary supplements highly than ever. Though sales of probiotic-rich foods, such as sour milks and yogurts, outweigh that of probiotic dietary supplements, the consumption gap between the aforementioned is likely to narrow down as consumers are becoming increasingly aware of the benefits of probiotic supplements.

One of the major aspects leading to augmented consumption of probiotic supplements are the marketing strategies and paradigms used by manufacturing companies. Marketing of probiotic dietary supplements via catchy packaging formats and promising health benefit claims will continue to be a key component boosting sales of probiotic dietary supplements. Understanding consumer needs and preferences will continue to be a key pacesetter for growth of companies involved in development of probiotic dietary supplements. Such particulars typify that the demand for probiotic dietary supplements is highly likely to surge as an ideal source of probiotics intake after antibiotic recovery.

Probiotics after Antibiotic Recovery- Unfavorable Research Findings to Dent Consumer Confidence

While proponents continue to vouch for advantages associated with intake of probiotics after antibiotic recovery, some research findings contradict the aforementioned. The findings have raised several questions regarding use of probiotics after antibiotic recovery and claim that probiotics intake after antibiotic recovery might cause significant delay in restoration of gut microbial structure. This, in turn, is resulting in several ambiguities over viability of probiotics for use after antibiotic recovery and denting the consumer confidence.

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Probiotics after Antibiotic Recovery- Market Segmentation

By Ingredient

  • Yeast
  • Bacteria

By Sales Channel

  • Direct channels
  • Distribution channels

Report Highlights:

  • A detailed overview of parent market
  • Changing dynamics of probiotics use after antibiotic recovery in the industry
  • In-depth segmentation associated with use of probiotics after antibiotic recovery
  • Historical, current, and projected size of probiotics intake after antibiotic recovery, regarding volume and value
  • Recent industry trends and developments in probiotics for use after antibiotic recovery
  • Competitive landscape of probiotics after antibiotic recovery
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on use of probiotics after antibiotic recovery
  • Must-have information for market players to sustain and enhance their market footprint

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Cocoa Bean Extract Market Is Thriving With Rising Latest Trends 2022 – 2032| Future Market Insights, Inc.

Sales of cocoa bean extracts reached US$ 7.6 Billion in FY 2021, and is poised to register a 3.9% Y-o-Y expansion rate, reaching US$ 7.9 Billion in 2022. During the 2022-2032 forecast period, a CAGR of 3.4% is projected for the cocoa bean extract market. By 2032, it is slated to be valued at US$ 11 Billion.

Cocoa bean extract is a bitter mixture produced from cocoa beans. It is a concentrated form of cocoa beans. Cocoa bean extract is rich in flavanols, procyanidines, etc. and is used to enhance the flavour of food formulations that contain chocolate.Cocoa bean extract is available in two forms – liquid and powder. Cocoa bean extract can easily mix with various products such as chocolates, cakes, baby food, etc., without leaving any precipitate. Cocoa bean extract has applications in several industries, which include food, beverages, pharmaceuticals, cosmetics, etc., and can be easily used without emulsifiers, suspension agents, etc.

Cocoa bean extract is gaining traction in the food & beverages and pharmaceutical industries

Consumers are focusing on the usage of nutritional food products that are organic and have a higher shelf-life, because of which the manufacturers of food and beverages are seeking food ingredients that fulfil the requirements of consumers and help develop innovative products. Cocoa bean extract meets the requirements of consumers as it is organic and has a higher shelf-life, due to which the demand for cocoa bean extract from the food and beverages industry is likely to increase.

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The scientific data on cocoa bean extract has boosted its usage in the pharmaceutical industry as it provides several health benefits. Companies are focusing on the development of pharmaceutical products that use cocoa bean extracts in capsules, tablets, etc., to provide health benefits along the classic flavour of cocoa.

However, unfavourable weather conditions which affects the quality as well as the yield of cocoa beans is one of the major factors restraining the cocoa bean extract market. In 2017, the cocoa production in Ghana was affected due to mixed weather conditions. Unpredictable climate can decrease the production of cocoa beans, which is likely to increase its cost price. Increase in the price of cocoa bean extract is likely to hamper its demand from the manufacturers of various products, and this is expected to restrain the growth of the cocoa bean extract market.

Global Cocoa Bean Extract Market: Some key market players operating in the cocoa bean extract market are Bioriginal Food & Science Corporation, The Green Labs, John Aromas, Kerry Inc., Cyvex Nutrition, Inc., Ambe Phytoextracts Pvt Ltd., PROVA SAS, Panacea Phytoextracts Pvt. Ltd., Haldin, CPC Ingredients, Indo-World, Tharakan and Company and Van Aroma.

Global Cocoa Bean Extract Market: Key Developments

In May 2018, Prova launched a new collection of cocoa bean extracts and flavours, which have a long shelf life and are eight times stronger than cocoa powder. These products have a less powdery mouth-feel and taste better than cocoa or chocolate.

In 2016, Naturex, in collaboration with Barry Callebaut, launched its first cocoa bean extract products for the cardiovascular health supplement market.  The CocoActiv ingredient was mainly designed to be incorporated in tablets, gummies, capsules, etc.

In 2014, Nutegrity launched an organic cocoa bean extract named CocoaNol, which has the antioxidant property of chocolate and can be used by industries, such as food & beverages, dietary supplements, etc., to develop innovative products.

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Opportunities for Cocoa Bean Extract Market Participants:

The preference of consumer for new flavours and the increasing demand for chocolate products are some of the factors that are likely to facilitate the growth of the cocoa bean extract market. The Gulf Cooperation Council (GCC) is a large market for chocolate, which is expected to grow in the future. This is likely to create growth opportunities for the manufacturers of cocoa bean extract to expand their distribution network and provide a variety of cocoa bean extracts in the region. The demand for speciality chocolates is growing in France, Germany, Italy and several other countries, and consumers are seeking organic and higher quality of cocoa content in their chocolates, which is expected to boost the demand for cocoa bean extract in these countries.

Key Segments Covered in the Cocoa Bean Extract Market Report

By Form:

  • Powdered Cocoa Bean Extract
  • Liquid Cocoa Bean Extract

By Nature:

  • Organic Cocoa Bean Extract
  • Conventional Cocoa Bean Extract

By End Use:

  • Cocoa Bean Extract for Food & Beverage
    • Bakery
    • Confectionery
    • Infant Formula & Baby Food
    • Others (e.g. Cereals, etc.)
  • Cocoa Bean Extract for Cosmetics & Personal Care
  • Cocoa Bean Extract for Pharmaceutical Industry
  • Cocoa Bean Extract for Other End Uses (Dietary Supplements, etc.)

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

  • What is the anticipated growth of the cocoa bean extract market until 2032?
  • Which region is forecast to be the most lucrative for cocoa bean extract market growth?
  • Which are some prominent cocoa bean extract manufacturers?

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Asparagine Market Competitive Landscape Analysis, Growth Factors, Regional Developments and Forecasts 2032

The global asparagine market is said to record a CAGR of 2.9% from 2022 to 2032, estimated to gain revenue worth US$ 15.3 billion by 2032, up from US$ 11.5 billion in 2022.

Asparagine is a common, non-essential amino acid and can be synthesized in the human body. Naturally, asparagine is present in dairy products, beef, poultry, eggs, fish, asparagus, potatoes, legumes, seeds, nuts, soy, and grains. Asparagine is an important raw material and is used in the synthesis of organic chemicals, pharmaceuticals, and agrochemicals. Asparagine is available in two forms in the global market; asparagine monohydrate and asparagine anhydrous. Asparagine is used in cosmetics and personal care products as a hair conditioning-agent, skin-conditioning agent, fragrance ingredient, and masking agent. Besides cosmetics and personal care products, asparagine is also used in the food and beverage industry as a food additive. As a food additive, asparagine is mostly used in Asian countries to impose desired physical, nutritive, and other technical effects. Asparagine is also being used in cell culture media. It is currently being researched for its anti-cancer property and its possible use as a chemotherapy drug.

Flourishing and Continuously Adapting Food and Beverage Industry is Creating New and Innovative Opportunities for Asparagine in the Global Market

The global asparagine market is mainly driven by use of the cosmetics and personal care products. Cosmetics and personal care products are consumed widely in Western countries, such as the U.S., Canada, U.K., Germany, Australia, etc. The use of cosmetics and personal care products is also increasing in Asian and Middle Eastern and African countries at a rapid rate. This increasing demand for cosmetics and personal care products is driving the demand for asparagine and create a positive outlook in the global asparagine market.

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Asparagine plays an important role in the metabolic control of cell functions in the brain tissues and nerve cells since it is one of the critical compounds for the production of proteins, enzymes, and muscle tissues. The supplements of the asparagine are claimed to balance the nervous systems. Asparagine is also an important diuretic and used in the treatment of rheumatism, premenstrual water, and swelling. The popularity of health supplements and dietary supplements is increasing the demand for various supplements, given the numerous health benefits from the consumption. The global market of asparagine is driven by the significant use in the health supplements.

Asparagine market is also propelled by the application of asparagine in the food products. In the food and beverage industry, asparagine is used as a food additive. The use of asparagine as a food additive is predominantly observed in Japan. The increasing consumption of processed food and beverage products around the globe is creating a high demand for preservative and food additives in the market. This eventually creates increased opportunity for the asparagine as a food additive and drives the global asparagine market.

Asparagine Market: Regional Analysis

At present, North American and European regions are occupying a majority of the share in the global asparagine market. The massive consumption of health and dietary supplements in these regions as compared to the rest of the world is resulting in the high consumption of asparagine in the North American and European region. The Asia Pacific is anticipated to witness the highest growth rate in the global market share of the asparagine. The increasing GDP, increasing middle-class population and increase in the income of the middle-class populace is resulting in the increasing purchasing power of the customers. This increase in purchasing power is resulting in the increasing demand for consumer products, which is creating a positive outlook in the global asparagine market

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Asparagine Market: Key Participants

Some of the market participants in the Asparagine market are:

  • Tokyo Chemicals Industry Co., Ltd.
  • Merck KGaA
  • Alfa Aesar
  • Angus Chemical Company
  • Avantor Inc.
  • Evonik Industries AG
  • LGC Limited
  • MP Biomedicals
  • Duchefa Biochemie
  • Jiangsu Jiecheng Bioengineering Co., Ltd.
  • Wuhan Soleado Technology Co.
  • Ajinomoto Group
  • Amino GmbH

The research report presents a comprehensive assessment of the asparagine market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as form, grade, and end use.

The report covers exhaustive analysis on:

  • Asparagine Market Segments
  • Asparagine Market Dynamics
  • Asparagine Market Size
  • Asparagine Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Asparagine Market
  • Competition Landscape and Emerging Market Participants in Asparagine Market
  • Technology related to Production/Processing of Asparagine
  • Value Chain Analysis of the Asparagine Market

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Asparagine Market Segmentation

The Asparagine market can be segmented on the basis of form, and end use.

On the basis of form, the asparagine market can be segmented as:

  • Asparagine Monohydrate
  • Asparagine Anhydrous

On the basis of end use, the asparagine market can be segmented as:

  • Food and Beverages
  • Pharmaceutical
  • Cosmetics and Personal Care
  • Dietary Supplements

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Fermented Chymosin Market Analysis by Size, Rising Demand, Business Growth Factors and Revenue Strategies From 2022 to 2032

The global fermented chymosin market is expected to gather a revenue of nearly US$ 6.7 billion by 2032, up from US$ 4.6 billion in 2022. The market is said to register a CAGR of 3.5% during the forecast period of 2022 to 2032.

Fermented chymosin is an enzyme that enables milk-clotting and is used for cheese production. Fermented chymosin is an excellent coagulant which is produced by the fermentation process. The commonly used micro-organisms for the production of fermented chymosin are Aspergillus niger and Saccharomyces (Kluyveromyces) lactis. Some manufacturers produce fermented chymosin with the help of recombinant DNA technology. The genes required for the production of chymosin enzyme are inserted in the micro-organisms, which are further used to produce chymosin by the fermentation process.

The Increasing Vegan Population Drive the Demand for Fermented Chymosin

According to a study done by Vegetarian Times, about 7.3 million individuals, i.e. 3.2% of the US adults follow a vegetarian-based diet. Out of 7.3 million people, one million people do not consume any animal products. The number of vegan population is increasing all across the world. The increase in vegan and flexitarian population is estimated to have a positive impact on the fermented chymosin market.

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The increasing demand for cheese is estimated to serve as a driver for fermented chymosin market. The major concern of the cheese manufacturers is to optimize the texture, taste, whey value, and slice ability of cheese to fulfill the increasing requirements of the consumers. Thus, fermented chymosin serves as a suitable coagulant as it helps to improve the taste and texture of cheese. Also, as the health-awareness among the consumers is increasing the manufacturers are trying to develop fermented chymosin that helps to lower the salt content of cheese. The manufacturers of cheese have the opportunity to develop cheese with low salt content to attract health-conscious consumers.

The presence of various alternatives such as animal and microbial rennet is anticipated to hamper the sales of fermented chymosin. The microbial rennet is an excellent substitute as it is not derived from animals and provides similar important properties as that of fermented chymosin. But the rennet obtained from animal and microbial source can also cause unwanted accumulation of the by-products and further can lead to contamination of rennet, and thus, the cost for purification of rennet increases. Therefore, the manufacturers are using genetic engineering to insert the rennet genes and are inserting it into some fungi and bacteria to obtain chymosin using fermentation process. Also, the GMO (Genetically Modified Organisms) are killed after the fermentation process to avoid the contamination of fermented chymosin.

Fermented Chymosin Market: Regional Analysis

The demand for cheese is anticipated to increase in the Asia Pacific region, which is expected to boosts the sales of fermented chymosin. The impact of western culture, rise in disposable income, increase in demand for fast-food, and large youth population is estimated to serve as a few drivers for the increase in the demand for cheese. Also, the vegan population is increasing at a high rate in the Asia Pacific. Thus, the increasing vegan population and demand for cheese are expected to create an opportunity for the fermented chymosin manufacturers to establish themselves in the Asia Pacific region.

Cheese consumption is high in North America and Europe but the changes in the consumer preferences are estimated to have a positive impact on fermented chymosin market. In recent years, the consumer demand for products free from animal-derived ingredients is increasing, and thus, fermented chymosin is a good option as it is aligned with the consumer requirements.

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Fermented Chymosin Market: Key Participants

Few key market players in the fermented chymosin market are:

  • Hansen A/S
  • Koninklijke DSM N.V.
  • Maysa G?da
  • Mayasan AS
  • Nelson-Jameson

The report covers exhaustive analysis on:

  • Fermented chymosin Market Segments
  • Market Dynamics
  • Market Size
  • Supply and Demand
  • Current Trends/Issues/Challenges pertaining to fermented chymosin market
  • Competition Landscape and Emerging Market Participants in fermented chymosin market
  • Technology related to Production/Processing of fermented chymosin
  • Value Chain Analysis of the fermented chymosin market

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Fermented Chymosin Market Segmentation

The fermented chymosin market can be segmented on the basis of form, end-use, and sales channel:

The fermented chymosin market can be segmented on the basis of the form as:

  • Liquid
  • Granules

The fermented chymosin market can be segmented on the basis of the end-use as:

  • Food Processing
  • Pharmaceutical Industry
  • Foodservice/HoReCa(Hotels/Restaurants/Café)
  • Household

The fermented chymosin market can be segmented on the basis of the sales channel as:

  • Direct Sales
  • Indirect Sales
  • Hypermarkets/Supermarkets
  • Wholesalers
  • Specialty Stores
  • Online Retailers

Frequently Asked Questions

  • What is the Growth Outlook for the Fermented Chymosin Market?
  • Which Region is Likely to Hold a Major Fermented Chymosin Market Share?
  • Who are a Few Key Players in the Fermented Chymosin Market?

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About Future Market Insights (FMI)

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

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