Market Research Blog – Page 11532 – New Product Development

Superfood Market Dynamic Innovation 2022-2032: Business Insights and Forecast Analysis Report

As per Future Market Insights (FMI), the global superfood market totaled US$ ~166 Bn in 2022 and is expected to exhibit a CAGR of ~6% to reach the value of ~US$ 299 Bn in 2032.

The importance of ‘Super’ ingredients has grown significantly over the recent years with product launches, as consumers are pulled towards natural and wholesome ingredients. For example, Quinoa has been gaining popularity as it exhibits high nutrient and antioxidant value that aids in reducing free radicals and in preventing several diseases.

According to the report, the rising demand for healthy food will stoke growth of the market. The report covers various growth drivers and restrains impacting the market’s growth trajectory. It discovers hidden opportunities for market players and helps them identify the most lucrative segments within the superfood market.

Click the link to get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11053

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

The estimated value of the market was at US$ 156.3 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
Regionally, North America emerged as a key market for superfood.
Europe and Latin America will remain steady as key markets for superfood.
Fruits, among product types, is expected to remain the leading segment.
Key players are likely to focus on technological advancements and improving their online presence to stay relevant in developed markets.

Rising Demand from Bakeries and Confectionaries Boosts Growth

Growth in the superfood market corresponds directly to the expansion of the food and beverages industry. For instance, the superfood market is witnessing steady rate of growth over the last few years, which is attributable to the rising application in bakeries and confectionaries. Superfood is slowly gaining ground in the beverages sector as well. The increasing health concerns among consumers are reflected in their beverage choices as well. Due to their rising influence, several leading companies in the beverages sector are introducing fresh fruit and vegetable juices and drinks, which is expected to give impetus to the market.

Who is Winning?

Some of the leading players operating in the superfood market are Sunfood, Barleans, Nature’s Superfoods LLP, OMG! Organic Meets Good, Suncore Foods Inc., Superlife Co. Pte Ltd., Raw Nutrition, ADUNA Ltd and others.

As a result of increasing competition, superfood market players are focusing on expanding their online presence and improving sourcing process. According to the report, the superfood market offers scope for the entry of new players aided by the continuous shift in preferences of consumers towards healthy food. This also creates growth opportunities for the leading market players. The established players in the global superfood market are focusing on expanding their regional footprint and improving their productivity through innovations in technology.

Market Segmentation

By Product Type

Vegetables
Fruits
Grain and Seeds
Herbs and Roots
Other Types

By Distribution Channel

Hypermarkets/Supermarkets
Online Channels
Traditional Grocery Stores
Convenience Stores
Speciality Stores
Other Distribution Channel

By Application

Beverages
Convenience or ready-to-eat and ready-to-drink foods
As it is superfoods
Bakery and confectionary
Supplements
Other food types

Region

North America
Latin America
Europe
APEJ
Japan
Oceania
Middle East & Africa

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Key Questions Answered in the Report

What drives the superfood market?

Superfood market gains considerably about the rising awareness among consumers about benefits of maintaining a healthier lifestyle. This, coupled with their increasing disposable income, will boost superfood sales in the coming years. Social media and easy access to information also help the market.

Which factors put superfood market players at risk?

Despite witnessing steady growth opportunities, market players are vulnerable to adverse weather conditions, quality issues, and volatility in food prices. These factors may hamper the sales of the superfoods market.

Which region will lead the global sales of superfood?

North America is expected to lead the global superfood market. Europe and Latin America will offer lucrative growth opportunities as well.

Which product segment offers most lucrative growth opportunities?

In terms of product, fruits constitute the leading segment. The fruit segment is expected to remain dominant through the forecast period.

Which segment based on distribution channel will record the highest growth in the superfood market?

In terms of distribution channels, offline sales via supermarkets/ hypermarkets, traditional grocery stores, and others will remain high. However, online sales of superfoods and groceries are expected to pick up in the coming years.

What has been the impact of Covid-19 on the global superfoods market?

In a way, the pandemic helped boost demand for superfoods. Supply chains were interrupted for some period. Distribution wise the preference has moved towards brick and mortar stores owing to cautiousness about cleaner and hygienic packaging of superfoods.

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

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About 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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Modified Starch Market | Competitive Insights with Key Driving factors and Top Players by 2032

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, The global modified starch market is expected to be worth USD 12.6 billion in 2022, rising to USD 21.2 billion by 2032, representing a CAGR of 5.6 percent.

Modified starches are employed in a variety of food products because their functional qualities are far superior to those of native starches. Many physical modification procedures, such as heat-moisture treatment and annealing, cause starch granules to be physically modified without being damaged or gelatinized.

The demand for processed and convenient foods is increasing as the world’s population grows. Modified starch is a crucial and useful element found in ready-to-eat foods and products. With the rise in demand for processed foods, demand for modified starch is likely to rise as well, boosting market growth.

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Key Takeaways from Market Study

Fast food restaurants make up a substantial portion of the food services industry, and their popularity has grown over time as a result of their focus on competitive and low pricing, along with rising customer demand for convenience foods. Fast food restaurants frequently employ modified starch in their food preparations to enhance the texture, flavour, and taste of their dishes.
Corn led the modified starch market in terms of raw material. Corn is a staple meal that is popular all across the world due to its role in many countries’ diets. It’s commonly used to thicken soups and other liquid-based meals like sauces, gravies, and custards.
In the near future, North America and Europe are projected to lead the way in terms of innovation and implementation of new starch modification techniques. Furthermore, constantly changing consumer habits and significant demand for fat-free milk and low-fat dairy products are expected to have a direct impact on the market’s growth prospects in North America and Europe.

“The demand for environmental sustainability across numerous industrial areas is reaching new heights in the current climate. Furthermore, attempts to combat environmental degradation, combined with an increased focus on food security, have prompted researchers working in the modified starch field to lean toward the adoption of new modification techniques in order to ensure the food sector’s long-term viability.” says a Future Market Insights analyst.

Competitive Landscape

The global modified starch market is characterized by a reasonably consolidated competitive environment, with the majority of significant competitors maintaining a strategic focus on the creation of strong distribution partnerships and joint ventures in order to establish a stronger global presence.

Leading modified starch manufacturers are focusing on R&D and new product releases to meet the growing demand for natural ingredients in Asia, the Pacific, the Middle East, and Africa.

For example, Cargill spent USD 200 million on its Krefeld, Germany, facility in 2019. The money was put in to convert the corn-processing plant to wheat-processing. This move will allow the company to respond to shifting market conditions and increased demand for industrial starches in the packaging industry.
Archer Daniels Midland Company (ADM) and General Starch Limited (GSL) formed cooperation in 2019. GSL is a major producer of tapioca starch based in Thailand. ADM will have exclusive distribution rights for GSL modified tapioca starch in the majority of Europe, the Middle East, and Africa as a result of this strategic relationship.

Some of the leading companies offering modified starch are Cargill, Archer Daniels Midland Company, Roquette Frères Company, Ingredion Incorporated, Tate & Lyle PLC, The Agrana Group, Emsland Group, The cooperative Avebe U.A, Global, Pars Khoosheh Pardaz Co., Samyang Corporation, SMS Corporation Co., Ltd., SPAC Starch Products (India) Ltd, Tongaat Hulett Starch, Zarand Agro Industry Co., and Euroduna Food Ingredients GmbH.

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Get More Valuable Insights

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

By Source:

Maize/ Corn
Wheat
Potato
Tapioca
Rice

By Product Type:

Acetylated Starch
Physically Modified Starch
Enzyme Modified Starch
- Anionic Starch
- Cationic Starch
- Dextrin
- Oxidized Starch
- Thinned Starch
- Pre-Gelatinized Starch
- Others

By Application:

Food and Beverage
- Bakery Products
- Dairy Products
- Meat & Poultry
- Convenience Food
- Others
Animal Feed
Cosmetic and Personal Care
Papermaking
Textile
Pharmaceuticals
Others

By Region:

North America
Latin America
Europe
APAC
MEA

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Resveratrol Market Trends, Overview, Competitive Breakdown and Regional Forecast to 2031

Increasing demand for resveratrol in dietary supplement, pharmaceuticals and cosmetics industries is driving the resveratrol market. In a new study, Future Market Insights (FMI) has forecast the market to reach US$102.0 Mn in 2021. The rising demand for ingredients derived from natural resources will continue driving the market.

Increasing focus of consumers on ingredients containing antioxidants and countless physiological benefitsis estimated to bode well for the market. Focus on organic ingredients will continue rising in response to the increasing incidence of various chronic ailments.

With rise in health issues such as blood pressure, obesity and diabetes, consumers are showing greater inclination towards maintaining a healthy lifestyle. Resveratrolhas proven anti-ageing benefits and is found to be beneficial for preventing cardiovascular diseases. Raw resveratrol is used by manufactures to increase the nutritional composition of their products and because it is easier to handle and has a longer shelf life.

These factors have resulted in increasing use of the ingredient in dietary supplements, which accounts for nearly 46% of sales in the market.

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Key Takeaways from Resveratrol Market Study

Rising demands for natural ingredients from diverse industries will enable growth in the resveratrol market at 8.4% CAGR between 2021 and 2031 Rising adoption of a healthy lifestyle among consumers, will enable the U.S. account for nearly 85% of the North America market Expansion of the dietary supplements sector will enable the U.K. market register 5.5% y-o-y growth in 2021 Germany and France will exhibit high demand for resveratrol on account of increasing application in pharmaceutical and other industries Increasing grape cultivation in China will seal its dominance in East Asia, since grapes are key sources of deriving resveratrol

“Manufacturers operating in the market are focusing on gaining consumer trust. As a result there is higher focus on research and development initiatives. Besides this, they are likely to adopt expansion strategies to gain competitive edge in the coming years”, says FMI analyst.

Europe and North America has been the key markets for resveratrol. Asia pacific is also exhibiting increasing consumption. Three types of resveratrol products include fermentation, synthetic and plant extract. Plant extract are very popular among consumers but synthetic is gaining popularity in manufacturing industries. Key application of the ingredient include cosmetic, food and beverage and dietary supplement. Manufacturing are engaged in improving technology as resveratrol market has remarkable scope for expansion in the future.

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Who is winning?

Some of the key players operating in the Resveratrolmarket are, DSM Nutritionals, Evolva, Endurance Product Company, Great Forest Biomedical, Laurus Labs Limited, JF-NATURAL, MAYPRO Industries, Sabinsa Corporation, Resvitale LLC and Shanghai Natural Bio-engineering Co., Ltd.and other players.

The key players in the market are focusing on new launches, enhancing supply chain technology, acquisitions, and labeling. For instance:

In 2017 – Evolva signed distribution agreements for its Veri-teTM resveratrol in Europe with BREKO and Natural Company. In 2016-Sabinsa human clinical study conducted by university of Georgia department of kinesiology in Athens, Georgia found that Resveratrol fortified with sabinsa’sbioprine increase mitochondrial function. 2020 – Evola collaborated with University of Newcastle Australia and won award for resveratrol which have been published in early September, reporting the significant health outcomes for postmenopausal women on quality of life. In 2017 – Evolva launched Veri-teTM, a brand for high-purity, sustainably produced resveratrol.

Get Valuable Insights into Resveratrol Market

Future Market Insights, in its new report, presents an unbiased analysis of the global resveratrol market, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into growth witnessed in the market. Based on end use, Resveratrolmarket is categorised intoform, product type, Isomer, end users and regions. In terms of Product Type, has been classified into Extract (plant-based), Fermentation (yeast-based) and synthetic (chemical synthesis).In terms of Form it has being classified into solid (powder) and liquid. In terms of Isomer it has being classified into Trans-resveratrol and Ciz-resveratrol. And in terms of end use it has been classified into cosmetics, personal care, dietary supplements, pharmaceuticals and others. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

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Key Questions Answered in the Resveratrol Report

Which is the Most Lucrative Market for Resveratrol?

Europe is currently leading the global market for resveratrol.

Which the Top-selling ResveratrolType?

Extract (plant-based) resveratrol is expected to remain the top-selling type in the resveratrol market.

How Is Resveratrol Made And From Where Is It Extracted?

Resveratrol is a phytoalexin, a class of compounds produced by many plants when they are infected by pathogens or physically harmed by cutting, crushing, or ultraviolet radiation. Plants that synthesize resveratrol include knotweeds, pine trees including Scots pine and Eastern white pine, grape vines, peanut plants, cocoa bushes, and Vaccinium shrubs that produce berries, including blueberries, raspberries, mulberries, cranberries, and bilberries.

Which are some of the leading companies operating in Resveratrol market?

Some of the leading companies operating in Resveratrol market are DSM Nutritionals, Evolva, Endurance Product Company, Great Forest Biomedical, Laurus Labs Limited, JF-NATURAL, MAYPRO Industries, Sabinsa Corporation, Resvitale LLC and Shanghai Natural Bio-engineering Co., Ltd.

Who is the Leading End User of Resveratrol?

The application of the resveratrol is considerably high in dietary supplements. The demand from pharmaceutical sector also is expected to rise in the near future.

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog

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Vanilla Bean Market 2022: Prosperous Growth, Recent Trends and Demand by 2030

The global demand for vanilla beans has risen steadily in 2020, despite the threat of the coronavirus, and long-term prospects of the industry are also reflecting an upward trajectory until 2030, according to a recent report published by Future Market Insights. The study states that the sector will find lucrative growth opportunities as functional food ingredients through the coronavirus crisis.

FMI analysts have indicated that liquid vanilla bean extracts from conventionally grown sources will remain high in demand not only in the food and beverage industry, but also in cosmetics, personal care, and pharmaceutical sector applications. The high costs of organic and all-natural product options restrain sales.

The industry has reflected steady growth in the past few years on account of sustainability initiatives, and the large gap between demand and supply. Also, certifications such as kosher, halal, non-GMO, organic, and allergen free, are gaining importance, with changes in consumer bias towards consumption behavior, which will aid growth in the long term.

While sales from online stores are taking advantage of the pandemic, price fluctuations, competition from synthetic vanilla products, and ethical concerns associated with the cultivation of vanilla beans are challenging players in the industry.

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The report by FMI offers an exhaustive overview, covering critical market dynamics. Some of the major takeaways from the study include:

Market is valued at 1.1 billion in 2020, with demand falling slightly during the coronavirus outbreak. Conventionally grown vanilla beans remain highly sought after owing to cost benefits, far surpassing organic options. Liquid vanilla bean extracts witness higher demand than whole beans or powdered and paste extracts on the back of demand from the food processing industry. Sales in the Europe remains key to market growth, owing to high demand in food and cosmetic applications. However, East Asia is displaying lucrative growth opportunities for market players with local cultivation efforts taking root.

“Demand for vanilla beans strongly exceeds supplies. Consequently, market players are investing in initiatives in key vanilla growing regions such as Madagascar, and Uganda, to help farmers increase production, and stimulating economic growth in these regions,” said a lead analyst at FMI.

Covid-19 Impact on Vanilla Bean Market

Following the advent of the coronavirus crisis, the vanilla bean industry has faced increased challenges. The closure of food service businesses and small stores in many parts of the world in compliance with lockdown measures has hurt demand.

On the other hand, online stores have been leveraging the crisis for higher sales than usual. However, these increases will not compensate completely for offline retail losses. New harvests from countries such as Madagascar are expected to enter the market by late 2020, which will aid global prospects.

However, supply chain issues remain crucial to market developments during the outbreak, owing to delayed shipments. Also, transmission of virus among the workforce used for vanilla cultivation also remains a concern.

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Who is Winning?

In the study, FMI has studied numerous business strategies being employed by major companies participating in the vanilla bean market. Leading market players are focusing on capacity expansion for the cultivation and processing of vanilla beans. Also, collaborations for geographic expansion and stronger distribution networks gain importance.

Some of the key players in the market include Tharakan and Company, Daintree Vanilla and Spices, Neilsen-Massey Vanillas Inc., Farooqi Vanilla Beans, Venui Vanilla, Varanasi Research Foundation, Vanilla India Producer Company Ltd., Vanam Orchids, Eurovanille, Heilala Vanilla Ltd., and Symrise AG among others.

More Insights

In a new report, Future Market Insights, has provided a detailed analysis of the global vanilla bean market, covering data on historic demand and forecast statistics for the years between 2020 and 2030. The market study also provides detailed assessment of product pricing through varying market dynamics, life cycle analysis and new technologies that find roles in the production of vanilla beans and adoption in different demographics.

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Key Questions Answered by the Report

What is the size of the vanilla bean market?

The global vanilla bean market reached a valuation of US$ 1.1 billion in 2020. The market is estimated to rise at a 4.1% CAGR between 2020 and 2030.

Which is the largest market for vanilla bean?

Europe is currently is the leading market for vanilla beans. Extensive application of vanilla bean in food and cosmetics production in the region contribute to market growth.

Which are the top companies in vanilla bean market?

Some of the leading companies operating in the market are Tharkan and Company, Daintree Vanilla and Spices, Neilsen-Massey Vanillas Inc., Farooqi Vanilla Beans, Venui Vanilla, and Varanashi Research Foundation.

What are the applications of vanilla bean?

Vanilla beans are primarily used in the food and beverages sector for a wide range of cuisines. Vanilla beans are also increasingly being used by cosmetics and personal care product manufacturers, and in niche pharmaceutical formulations.

In what types are vanilla bean available?

Vanilla beans are found in five major types based on the region of origin. These include Madagascar, Indonesia, Mexican, Tahitian, and Ugandan. Of these, Madagascar vanilla beans are witnessing high demand and are projected to account for approximately 40% of the overall market share by 2030.

What is the outlook on vanilla bean market?

Vanilla bean producers are leveraging the changing consumer bias towards natural and organic food and cosmetics ingredients, with the growing awareness about health risks coming out of synthetic alternatives.

Will South Asia exhibit higher demand?

Countries in South Asia are displaying lucrative opportunities for growth, which can be attributed to the demand for chemical-free foods among consumers in the region and growth of western influences in cuisine.

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Foaming Creamer Market Set for Rapid Expansion during Forecast Period 2022-2032

In terms of revenue during the forecast years, the global foaming creamer market is projected to expand at a CAGR of around 3.6%.

While the coffee market has seen substantial growth in the recent past, coffee additives such as foaming creamers have also been witnessing significant consumption. According to a new intelligence outlook presented by Future Market Insights, the global demand for foaming creamers is anticipated to experience moderate growth over coming years – prominently driven by the expanding coffee market. Especially in Europe and the US.

Foaming creamers are also available for instant beverages, and these can be used for beverage mixes too. The other type of foaming creamer is the cold water soluble foaming creamer that is predominantly used in the foodservice industry.

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Gourmet Coffee Remains a Primary Push Factor

Around 59% people based in the US prefer to consume gourmet coffee, daily, as indicated by the US National Coffee Association. Similarly, the liking for gourmet coffee is increasing in other regions as well – subsequently elevating the incorporation of foaming creamer in coffee mixes.

As gourmet coffee prominently trends the millennial population, visibly rising millennial preference for café-style foamed coffee is providing a push to foaming creamer demand. Moreover, growing product innovation in the instant beverages/drinks category, coupled with widespread availability of instant or ready-to-drink (RTD) beverage mixes is likely to pave the way for parallel growth in foaming creamer sales.

Non-dairy Foaming Creamer to Emerge Lucrative, Riding on the Price Benefit

In the backdrop of volatile milk prices post 2016, dairy products manufacturers have been facing the challenges posed by reduced pricing. On the flipside, manufacturers of non-dairy based products continue to capitalize on the relatively stable pricing scenario owing to the stability of the raw material prices. With an expanding consumer population turning to non-dairy, vegan products, it is more likely that non-dairy foaming creamer would discover an improved scope of sales in coming years.

Increasing awareness about the potential health benefits of a vegan lifestyle and the availability of a wide range of dairy alternatives/non-dairy products suitable for the same, will reportedly assist the demand for non-dairy foaming creamer over its dairy-based counterpart. A number of manufacturers of dairy-free foaming creamers are thus likely to strategize on the raw material experimentation.

While both dairy and non-dairy foaming creamers are extensively consumed in commercial applications for preparation of instant beverage mixes, such as coffee-based mixes, milk tea mixes, and cocoa-based mixes, the report also points to surging usage of foaming creamers in dietary supplements such as protein shake powders.

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Global Foaming Creamer Market: Segmentation

Analysis by Base

Dairy
Non-Dairy

Analysis by End Use

Beverage Mixes
- Coffee-based Mixes
- Milk Tea Mixes
- Cocoa-based Mixes
HoReCa/Foodservice
Dietary Supplements

Analysis by Function

Instant
Cold Water Soluble

Analysis by Region

North America
Latin America
Europe
Asia Pacific
ASEAN (Association of South East Asian Nations)
China
Middle East & Africa

HoReCa & Food Processing Sectors Contribute Significantly to Market Growth

Steadily increasing cold water-soluble foaming creamer consumption by the foodservice sector is identified to be another strong factor contributing to the growth of foaming creamer marker. The analyst explains, “A majority of operators in food processing and foodservice sectors are adopting foaming creamers in sizeable volumes in an effort to eliminate the need for additional manual labor, or foaming equipment, or machinery – saving on the overall production costs. Foodservice or HoReCa sector and food processing entities are thus playing a vital role in supporting the revenue growth of foaming creamer landscape”.

As revealed by the competition tracking, major manufacturers of foaming creamers are projected to invest strategic efforts in penetration into the Southeast Asian region that traditionally has been a tea consuming territory and is gradually developing a preference for foamed coffee. Middle Eastern and Asian countries are also positioned as attractive investment pockets for foaming creamer manufacturers, according to the report.

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Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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Hybrid Rice Seeds Market 2022 Growth, COVID Impact, Trends Analysis Report 2032

The global hybrid rice seeds market is estimated at USD 2.5 Bn in 2022 and is projected to reach USD 5.6 Bn by 2032, at a CAGR of 8.4% from 2022 to 2032.

Hybrid rice seed varieties are the first filial generation of two distinct parent seeds. These hybrid rice seeds demonstrate superior productivity, raising yields above the high yielding varieties of the original Green Revolution. Hybrid rice seeds fit well for a New Green Revolution, which are a must for meeting the rapidly increasing need of the growing population.

The quality of seeds largely affects the efficiency of the added fertilizers, pesticides, and other agricultural inputs. Hence, to enhance productivity, quality seeds with appropriate properties are needed to develop and be made available to farmers.

Hybrid rice seeds are getting widely acknowledged for their enhanced productivity. Yet, at present, the hybrid rice seeds technology is limited to India, Vietnam, the Philippines, and the U.S., while China is cultivating around half of its rice with hybrid rice seeds. Major limitations are generally due to the hybrid rice seed technology being laborious and intensive, besides the high cost of the seeds. Still, hybrid rice cultivation tops other hybrid crops. FMI predicts that the global market for hybrid rice seeds is expected to grow at a rate of 7.5% in terms of revenue during the forecast years.

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Hybrid Rice Seeds Scenario in Developing Countries at a Glance

The hybrid rice seeds market growth in developing countries is varying from moderate to stagnant, owing to the lack of trained human resources, lack of sufficient water, and unfavorable climatic conditions. Rice producing Asian countries, apart from China, which include India, Indonesia, Bangladesh, the Philippines, Vietnam, Myanmar, and Pakistan, together have 4.5 million hectares of land under hybrid rice seed cultivation.

The area contributes to a small percentage in each country. The U.N. FAO’s regional office in this region has developed a strategy in collaboration with these countries to move toward sustainable food security in Asia. In African countries such as Liberia, Mozambique, Nigeria, Uganda, Madagascar, and Tanzania, cultivation with hybrid rice seeds started in the early 2000s.

The Green Super Rice (GSR) project, which was introduced in some countries in the African continent cultivating hybrid rice seeds, developed in Asia, coordinated by the Chinese Academy Agricultural Sciences, the International Rice Research Institute (IRRI) and Africa Rice, during 2009-2011, succeeded from the yield perspective. However, these hybrid rice seeds are not practical for commercial rice production, since they are susceptible to African diseases.

Developing hybrid rice seeds that have better resistance to these diseases as well as high yield potential will be more beneficial. On the other hand, Egypt has succeeded in producing a local hybrid rice seed variety on a commercial scale through a rice breeding program. With strategic programs and support from the private sector, governments, and leading companies, hybrid rice development in Asia and Africa has a great potential to achieve a breakthrough in the technology related to hybrid rice seeds.

Self-Cloning Hybrid Rice – a Milestone in Hybrid Rice Seeds Technology

Hybrid rice seeds are a product of the hybridization of two good parent rice varieties, which are engineered with desirable traits such as higher yield. Such hybrid rice seeds do not pass the same genetic information to the next generation of seeds. Hence, if farmers need to achieve the same yield the next time, buying new hybrid rice seeds is a must. However, a recent study conducted at the laboratory level shows the possibility of preserving genetic information through the self-cloning of hybrid rice seeds. On December 12, 2018, it was reported that, hybrid rice seeds engineered with CRISPR, a gene-editing tool, can produce such a rice plant that can clone their seeds. Successful commercial production of such hybrid rice seeds can lead to a marvelous improvement in hybrid rice seed technology and overall crop development.

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Global Hybrid Rice Seeds Market by Category

By Grain Size :

Long Grains
Medium-sized Grains
Short Grains

By Durability :

Up to 110 Days
111 to 140 Days
140+ Days

By Region :

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

Frequently Asked Questions

What is the hybrid rice seeds market performing?
At what rate is the global hybrid rice seeds market expected to grow?
How was the hybrid rice seeds market performing in the last few years?
How are market players reacting to the new developments in the hybrid rice seeds market?
How much share does the top 10 companies in the hybrid rice seeds market hold?
Which are the major countries driving demand for hybrid rice seeds?

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Ginseng Market Size and Share, Segmentation, Growth Opportunities, Regional Analysis 2022-2031

The sales of ginseng are estimated to be valued at US$ 684.2 Mn in 2021. As per Future Market Insights (FMI), the overall ginseng market value is expected to reach US$ 1,093.6 Mn by 2031, rising at a CAGR of 4.8% for 2021-31. The sales of ginseng will represent approximately 1-2% of the herbal supplements market.

Growing consumer health consciousness is a significant factor in the food industry’s transformation. Customers not only tend to favor healthier meals, but they are more willing than ever before to pay for a non-GMO food products with no artificial ingredients. With the number of food companies looking for additives that include more nutrients in their products, thus the demand for ginseng is expected to rise.

As a result, it is safe to conclude that the ongoing trend is being driven by a growing interest in health and wellness. This has also led to the inclusion of ginseng as a key component in a number of dietary supplements. Because these supplements are non-GMO and organic, their market demand is expected to remain high.

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Key Takeaways:

China is expected to remain one of the most lucrative markets for ginseng around the world. This is expected to give impetus to the overall Asia Pacific market.
Besides China, Korea has emerged as a leading consumer of ginseng.
Among end users, pharmaceuticals segment is forecast to exhibit high demand. Through the course of the forecast period it is expected to represent a considerably high share of the market.
Anti-oxidant and anti-inflammatory properties of ginseng boosts its application across diverse sectors.
Ginseng can help improving heart health and reduce cancer risk. As a result of this, it is increasingly used in food products.

Consumer’s Willingness to Spend on Healthy Food Products Creates Growth Prospects

The increasing number of health conscious consumers creates a lucrative demography for the ginseng market. Consumers’ preference towards healthy food products is not just linked to their awareness, but willingness to spend higher on non-GMO food. Ensuring that a food product does not contain artificial additives is a major factor determining its future in the market. Furthermore, it is a masterstroke when a manufacture is able to attain approvals from legitimate international authorities. These factors pave way for the market’s growth.

The anti-inflammatory and anti-oxidant properties of ginseng helps in improving the overall immunity system of humans. For instance, using Koran ginseng has shown to improve heart health and cognitive functions of brain. Besides this, ginseng is believed to have anti-cancer effects. These benefits spur the use of ginseng in non-GMO food products.

Rising Consumption of Dietary Supplements Boosts Sales Opportunities

Focus on fitness and wellbeing corresponds directly to the increasing health consciousness among consumers. Given the scenario, the demand for dietary supplements is likely to accelerate impressively. The consumption of these supplements is not restricted to a certain age or demography, rather it has considerably surged across age groups. The report suggests that dietary supplements sales could double itself in the forthcoming years. Because ginseng supplements are organic and are often categorized under non-GMO products, their demand is forecast to increase in the near future.

Rising Demand for Plant-based Food Products to Bode Well in Coming Years

The rising demand for healthy and ethically produced products has bolstered the market for plant-based products. These products help in reducing risk of various diseases, mostly transmitted through meat products. This has fueled the demand for plant-based ginseng extracts. These are safe to use and can be incorporated in various personal care products, supplements, pharmaceutical products, food products among others.

Market Segments Covered In Ginseng Industry Analysis

By Source:

Wild
Cultivated

By Form:

Raw
Powder
Extract

By Variety:

Oriental Ginseng
American Ginseng
Siberian Ginseng
Others

By End-use:

Personal Care Products
Dietary Supplements
Food and Beverage Processing
Pharmaceutical Products

Region:

North America
Latin America
Europe
Eastern Europe
APAC excl. China
China
Middle East & Africa

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Key Questions Answered in the Report

How much is the ginseng market current worth?

Currently ginseng market is worth more than US$ 684.2 Mn.

At what CAGR is the market expected to grow?

Ginseng consumption is expected to grow at a CAGR of around 4.8% during the period 2021-2031.

How was the performance in the last five years?

In terms of revenue ginseng grew at a CAGR of around 4.9% during 2016-2020

What are the key trends boosting Ginseng sales?

Development of innovative products, surge of ginseng in personal care industry are the latest trends of ginseng being observed in the market.

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

Market players are opting for offering products with various claims, new product developments and production capacity expansion.

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Oat Drinks | Potential growth, attractive valuation make it is a long-term investment by 2031

Future Market Insights (FMI) in a new study has forecast oat milk market’s valuation to reach US$ 435.4 Mn by the end of 2021. Rising focus on sustainable diets that are adequate nutritionally, economically viable, environmentally sound, and socially & culturally accepted has been creating growth opportunities. Currently there is a consistent rise in the demand for plant based dairy alternatives. With the increasing awareness regarding healthy living, an increasing number of consumers have been turning to oat drinks.

Nowadays consumers expect safe and nourishing on-the-go beverages. Increasing prevalence of lactose intolerance has been causing shift to dairy alternatives. Oat drinks contribute to healthy eating habits and provide more nutritional value, including vitamins, minerals, and healthy fats. Many health conscious individuals, opting for restrictive diets and flexitarian diets, have been preferring oat drinks.

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Oat drinks is beneficial as it carries vitamin D, protein, fiber, calcium. As a result of its nutritional values, oat drinks offers a variety of health benefits, such as reducing cholesterol, boosting immunity, strengthening bone and preventing anemia. FMI has predicted the unflavored or natural segment to hold the lion’s share. However, in the coming years the demand for flavored oat drinks too is expected to rise.

Key Takeaways from the Oat Drinks Market Study

The global oat drinks market is forecast to rise at nearly 8% CAGR between 2021 and 2031
In North America, the U.S. will emerge as the leading market accounting for nearly 90% of regional sales in 2021
The U.K. will emerge as a highly lucrative market, exhibiting nearly 8% Y-o-Y growth in 2021
France and Germany will remain bright spots for oat drinks sales in Europe
Australia, Japan, and Korea will continue exhibiting impressive growth at oat drinks market in Asia Pacific

Key Segments

Product Type

Regular/Full Fat
Reduced Fat

Flavour

Natural/Unflavoured
Flavoured
- Vanilla
- Chocolate
- Coffee
- Mocha
- Mint
- Fruit-flavoured
- Other Flavours

End Use Application

Food Services
- Cafes
- Quick-service Restaurants
- Full-service Restaurants
Retail Services
- Hypermarkets/Supermarkets
- Convenience Store
- Mass Grocery Retailers
- Food & Drink Specialty Store
- Online Retailing

Nature

Organic
Conventional

Format

Shelf-Stable
Refrigerated

New Product Launches to Fuel Oats Drinks Demand

Looking at the consumers shift towards, manufacturers are engaging in the launch of a wide variety of oat drinks products that have the certification of non-GMO from the regulatory bodies. Lower Packaging Cost, shelf life are some benefits of using flexible and convenient packaging. For Instance:

Cereal Base Ceba AB (Oatly), manufactures a range of products including oat drinks, oat yogurts and many others. The company also focuses on strategic collaboration with big giants.
In July 2020, Swedish Oat-milk maker Oatly AB received US$200 Mn investment from Blackstone-Led Group.
In 2020, Elmhurst Milked Direct LLC has launched new lines in latte drinks and smoothies mixes. This line includes oat latte with two new flavours- cacao oat milk and flash brew oat milk plus two tea flavours- matcha oat milk and golden oat milk.

Who is winning?

A few of the leading players in the Oat Drinks market are Cereal Base Ceba AB, Pacific Foods of Oregon LLC, Elmhurst Milked Direct LLC, Danone S.A., Lima Food SRL, Oatworks, The Hain Celestial Inc., Abafoods s.r.l., Kaslink Foods Oy, Rude Health, Valsoia S.p.A., Earth’s Own Food Company.

Manufacturers are trying to gain customers attention by attractive packaging with creatively crafted and differentiate their beverage from the rest. For instance, Kaslink Aito Foods sells its oat-based goods in recyclable and eco-friendly cartons and advertises this revolutionary packaging it has introduced along with the company to maximize the effect on its customer base. It adds a sustainable business dimension, and adds to its established customer base nature-loving customers. It, in effect, helps to expand the business and improves the oat drinks sales.

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Get Valuable Insights into oat Drinks market

Future Market Insights, in its new offering, provides an unbiased analysis of the oat drinks Market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the oat drinks market based on Product Type (regular/full fat and reduced fat), By Flavour (natural/unflavoured oat drinks & flavoured oat drinks), By End Use Application (Food Services and Retail Sales) and By Nature (Organic and Conventional), By Format (Shelf-Stabled and Refrigerated) across seven major regions.

Key Questions Answered in the Report

Q1. Which is the most lucrative market for oat drinks globally?

Q2. Which is the top-selling type of oat drinks?

Q3. Which end use application account for maximum oat drinks sales?

Q5. Which are some of the leading companies offering oat drinks

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Linseed Oil Market Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2032

The global linseed oil market is estimated at USD 7.6 Bn in 2022 and is projected to reach USD 13.5 Bn by 2032, at a CAGR of 5.9% from 2022 to 2032. The linseed oil market is expected to acquire ~3% of the overall oilseeds market by 2022 end.

In ancient Egypt, the flax plant was cultivated by the ancient Egyptians to produce linen out of the lignan abundantly present in the plant stem, which was used to wrap mummies. Linseed oil is extracted from the seeds of the flax seed using the extraction or pressing method. For thousands of years, linseed has been consumed as a food and also used as a remedial medicine. According to a new study by Future Market Insights, consumer demand for linseed oil Market is anticipated to experience a meteoric rise, aided by the high content of the omega-3 fatty acids, among the health conscious populace, globally.

Linseed oil, often termed as flaxseed oil, is derived from the ripened, dried seeds of the flax plant belonging to the Linum family. Linseed oil generally tends to be colorless to yellowish in color. The flax plant is one of the oldest plants on Earth, and has been cultivated even by ancient civilizations. The flax plant and linseed oil have been benefiting many generations of humans as well as animals, be it in the production of linen, ropes from the stem, or providing health benefits with medicinal properties.

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Global Linseed oil Market: Segmentation

By Nature:

Organic
Conventional

By Product Type:

Raw Linseed Oil
Boiled Linseed Oil
Double-boiled Linseed Oil
Others

By Application:

Dietary Food
Pharmaceuticals
Paint & Textile Industry
Leather Industry
Animal Feed
Personal Care
Processed Food
Others

By Distribution Channel:

Online Retailers
Grocery Stores
Wholesalers
Supermarkets

By Region:

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

Linseed Oil Market Share Shifting from Industrial Use to Dietary Supplements

Up until World War II, the utilization of linseed oil was dominantly occupied by protective coating and other allied manufactured products such as linoleum, patent leather, oil clothing, etc. With extensive research and development, various alternatives are replacing the use of linseed oil in paints and varnishes. For example, the development of vinyl floor coverings replacing linoleum, latex interior paints replacing linseed oil in paint, cotton cloth replacing linen. However, with the advent of research and many technological developments, linseed oil has emerged as a dietary supplement, owing to the presence of omega-3 fatty acids, a polyunsaturated fatty acid.

These fatty acids are beneficial in various ways, such as improving heart health, treating constipation and diarrhea, helping in weight management, reducing inflammation, rheumatoid arthritis treatment, and cancer treatment. With the increasing prevalence of chronic diseases all over the world, dietary supplements are experiencing a tremendous rise in demand, supporting an increase in global linseed oil demand. The global market for linseed oil is expected to gain significant momentum, and register a growth of 5.5% in terms of value between 2018 and 2027.

Surge of Linseed Oil in the Cosmetic Industry Bolstering Global Demand

The need for good looks to create a good impression has led to humongous growth in the cosmetic industry in recent times. European and Asian countries such as South Korea, Japan, China, Germany, and Switzerland have seen an enormous boom in the cosmetic industry. Linseed oil is used in moisturizers, creams, and skin and hair products as a source of an omega-3 fatty acid. According to FMI analysts, the global demand for linseed oil in the cosmetic industry is likely to boost the overall demand for linseed oil.

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Organically Produced Linseed Oil to Attract the Millennial Generation

The use of chemicals for improved crop production yield has been confirmed to decrease the soil quality and overall productivity. Moreover, these chemicals enter into human body through consumed food. On the other hand, organically produced linseed oil crops tend to preserve the quality of the soil, and have an improved flavor and taste. Consumers are inclined to buy organic products that are marketed as supreme and premium quality products, even though they cost more as compared to conventionally produced linseed oil. Linseed oil manufacturers have successfully kept track of the current trend and consumer needs, and are turning away from using conventionally produced linseed oil.

Key Questions Answered in the Report

What is the demand for the linseed oil in the market?
At what rate is the global linseed oil market expected to grow?
How was the linseed oil market performing in the last few years?
How are market players reacting to the new developments in the linseed oil market?
How much share does the top 10 companies in the linseed oil market hold?
Which are the major countries driving demand for linseed oil?

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Almond Flour Market Landscape Assessment By Type, Opportunities And Higher Mortality Rates By 2032

Newly released data from almond flour market analysis shows that global demand of the overall almond flour market is anticipated to grew at a Y-o-Y of 8.1% in 2021 to a total of USD 1,572.8 Mn.

One of the first in gluten-free flours category, almond flour is significantly used within the bakery sector. The report opines that bakery will remain the prime consumer of almond flour through 2028, whereas emerging application areas such as dietary supplements and cosmetics & personal care products would be presenting lucrative opportunities to market players. Greater emphasis of agriculture promotion groups on setting sustainable standards for the almond cultivation space is projected to be an important factor that would shape the market for almond flour in the near future.

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The demand for the organic flour segment increased by 8.0% between 2020 and 2021, giving the combined almond flour market year-over-year growth of 8.1% in 2021, according to the FMI’s report.

Key Takeaways – Almond Flour Market Report

Although gluten-free/non-traditional flours are yet to mainstream, they have been capturing a considerable shelf space at retail stores, since the recent past.
Almond flour will witness accelerating consumer preference in the following years, with momentous expansion of vegan and paleo diet trends.
Blanched almond flour remains preferred over natural or unblanched almond flour, particularly among bakery sector operators. This preference is attributed to the former’s superior texturizing properties.
Bakery sector, among all the industrial end users of almond flour, will continue to account for more than 50% share in the market.
The high-protein, low-carb profile of almond flour makes it a desirable ingredient for the manufacturers of dietary supplements.
High price point would remain a longstanding challenge to the growth of almond flour market.
Europe is projected to remain the significantly lucrative market for almond flour sales through 2028.

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Market Leaders Emphasizing Application-specific Almond Products

Blue Diamond Growers, Inc., the almond specialist, recently launched a few products to extend the company’s existing line-up. Some of the latest introduced products by the company include crackers made with almond flour and the refrigerated almond flour. While the former is successfully capturing retail shelves, the latter will witness spectacular sales owing to its higher shelf life. Eying the opportunities abound in consumer branded products, Blue Diamond Growers is innovating its almond flour offerings specifically for baking.

Besides Blue Diamond Growers, Inc., the report covers some of the globally leading almond flour manufacturers, including Bob’s Red Mill, and Almondco Australia Ltd. The market for almond flour remains a fairly consolidated competition landscape, as the top five players continue to contribute nearly 40% revenues to the market. Companies are focusing on brand positioning and promotions in the premium healthy ingredients category. Several brands are looking up to capitalize on the expanding conscientious as well as affluent consumer base across developing economies.

Segmentation:

By End User: