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The global market baobab powder is anticipated to witness robust growth during the assessment period. Future Market Insights studies the factors driving the popularity and adoption of baobab powder across the globe. Consumers today are becoming aware about the benefits of baobab powder, which in turn is surging the demand for baobab powder based products such as cereals and bars.

Due to the fact that baobab powder has numerous skin benefits, it is used as an ingredient in various anti-ageing creams and helps protect the skin against high or low temperatures, rejuvenates the skin cells, moisturizes the skin and prevents damage from free radicals. Also, as baobab powder is a rich source of calcium and potassium, it is also found in products such as cereals, bars and jellies. Owing to its wide ranging beneficial properties, the consumption of baobab powder is growing across the globe.

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Segmental forecast of the global baobab powder market

The global baobab powder is segmented on the basis of product type (organic baobab powder, conventional baobab powder), end use (industrial, retail), sales channel (direct sales, indirect sales) and region.

Forecast by Product Type: Organic baobab powder segment is expected to register the highest CAGR during the forecast period. The organic baobab powder segment is estimated to be valued at US$ 8,544.2 Mn by 2027 end and is expected to expand at a CAGR of 6.5% over the forecast period.

Forecast by End Use: The retail segment is estimated to account for the highest value share of 65.2% in 2017 and is projected to reach a market valuation of US$ 6,545.1 Mn by 2027 end, registering a CAGR of 6.3% over the forecast period.

Forecast by Sales Channel: The indirect segment is estimated to account for the highest value share of 75.4% in 2017. This segment is estimated to be valued at US$ 7,602.1 Mn by 2027 end and is expected to expand at a CAGR of 6.3% over the forecast period.

Forecast by Region: North America followed by Western Europe will be the leading markets in the global baobab powder market with an anticipated value share of about 30% and 25% respectively by the end of 2027. North America will witness the highest regional CAGR of 6.8% during the forecast period.

Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including:

• EcoProducts
• Baobab Fruit Company Senegal
• B’Ayoba (Pvt) Ltd
• Organic Africa, Aduna Limited
• Etude House
• Woodland Foods
• Powbab Inc
• ATACORA
• Halka B. Organics
• Indigo Herbs LTD and Organic Burst UK Ltd.

Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

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Global Baobab Powder Market Forecast 2017-2027

Future Market Insights predicts the global baobab market to be valued at about US$ 5,483 Mn by the end of 2017 and will continue to grow at a CAGR of 6.2% during the period of study to reach a market valuation of about US$ 10,004 Mn by the end of the forecast period.

Competitive Landscape

The report profiles some of the top companies operating in the global baobab powder market including:

• EcoProducts
• Baobab Fruit Company Senegal
• B’Ayoba (Pvt) Ltd
• Organic Africa, Aduna Limited
• Etude House
• Woodland Foods
• Powbab Inc
• ATACORA
• Halka B. Organics
• Indigo Herbs LTD and Organic Burst UK Ltd.
  Companies are focussing on addressing customer centric product demand by expanding their product portfolio and introducing a variety of products in the global market. Suppliers are entering into long-term contracts with baobab products manufacturers to avoid increase in product prices, and baobab manufacturers are also benefitting from these long-term contracts with suppliers as it helps them sustain their operations.

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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 5-years.

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A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and a large production of the fish tilapia in Egypt.

In terms of volume, the APEJ regional market is estimated to be pegged at 21.5 million metric tonnes in 2017 and this is aexpected to reach almost 40 million metric tonnes by the end of 2027, registering a CAGR of 6.3% in terms of volume. North America will witness a CAGR of 5.6% in terms of volume during the decadal study 2017 – 2027.

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Segmental forecast of the global aquafeed market

The global aquafeed market is segmented on the basis of species (Crustaceans, Fishes, Others); form (Extruded, Powder, Liquid, Pellets); function (Health, Digestibility, Palatability, Special Nutrition); ingredients (Marine, Land Animal, Veg/Grain, Carotenoid, Nutrients, Others); and sales channel (Direct Sales, Indirect Sales, Hyper/Supermarket, Wholesalers, Speciality Stores, Online, Other Retail Formats).

• The Extruded form type will likely dominate the global aquafeed market in terms of market share – from an estimated 45% value share in 2017 to slightly over 50% by the end of 2027, the segment will record an impressive increase of about 492 basis points in market share. Pellets is likely to hold the second position by form in the global market.
• Fishes segment by species will remain dominant through 2027 with about 50% market share estimated to be held in 2017 and remaining consistent throughout the forecast period. This segment will also record the highest CAGR.
• Vegetable/Grains ingredients segment is expected to show tremendous growth over the forecast period. This segment is poised to witness a growth rate of 6.6% during the forecast period.
• By function, the Digestibility segment will hold high market value share throughout the forecast period – over 30% share of the global market by the end of the forecast period, with an increase of about 138 basis points over the 2017 value share. This segment will register a CAGR of 6.4% in terms of value followed by the Health segment at 6.3% CAGR.
• Direct Sales will remain the favourite segment by sales channel and will hold over 60% of the market share throughout the forecast period. This segment is anticipated to be valued at over US$ 30 Bn in 2017.

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Global Aquafeed Market Forecast 2017 – 2027

The new report by Future Market Insights titled “Aquafeed Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” forecasts the global aquafeed market to be valued at about US$ 50 Bn by the end of 2017 and will continue to grow at a CAGR of 5.9% during the period of study to reach a market valuation of about US$ 86 Bn by the end of the forecast period.

Competitive landscape

The report profiles some of the top companies operating in the global aquafeed market including Cargill Inc., Koninklijke DSM N.V., BENEO GmbH, Sonac B.V, ADM, Novus International, Biomin Holding GmbH, Nutriad NV, Alltech Inc., Norel SA, Cermaq, Skretting, Aller Aqua A/S, Clextral, Dibaq, Biomar, Zeigler Bros., Inc., Ridley Corporation Limited, Nutreco N.V., and INVE Aquaculture Inc. Major aquafeed manufacturers in developed and emerging economies are focussing on functional features enhancement in their aquafeed using ingredients that focus on digestibility factors.

For ease of reader convenience, we have segmented the global aquafeed market into the following categories.

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By Species

• Crustaceans
• Fish
• Others

By Form

• Extruded
• Powder
• Liquid
• Pellets

By Function

• Health
• Digestion
• Palatability
• Special Nutrition

By Ingredients

• Marine
• Land Animal
• Veg/Grain
• Carotenoid
• Nutrients
• Others

By Sales Channel

• Direct Sales
• Indirect Sales
• Hypermarket
• Supermarket
• Wholesalers
• Speciality Stores
• Online
• Other Retail Formats

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East and Africa

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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 5-years.

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The fruit concentrate puree consumer market is currently valued at USD 1700Mn in the year 2021which is estimated to grow with a CAGR of 6.8% to a value of USD 3282.2 Mn for the forecast period of 2022-2032.

Future Market Insights projects that such factors will restrain the global fruit concentrate puree market from growing robustly. The global market for fruit concentrate purée, which is presently valued over US$ 1,300 Mn, is anticipated to register a 4.8% CAGR and reach US$ 2,149.1 Mn by the end of 2026. In the due course of this forecast period, the global consumption of fruit concentrate purée will also propel moderately, recording the global sales of just over 6,000 tons and showcasing a volume CAGR of 3.7%.

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The Exotic Fruit segment in the global fruit concentrate puree market is estimated to be valued at more than US$ 400 Mn in 2017, which is estimated to increase at a CAGR of 5.7% over the forecast period to reach more than US$ 700 Mn by the end of 2026. The Exotic Fruit concentrate puree market is anticipated to record absolute $ opportunity of US$ 274.34 Mn between 2016 and 2026. The Exotic Fruit segment is expected to expand at a CAGR of 3.8% in terms of volume over the forecast period.

• An unyielding competition between local manufacturers and global players has lowered the momentum for international trade of fruit concentrate purée. To rev up the native production of fruit concentrate purée, countries are fortifying their importation laws, levying additional duty on imports of purée concentrates.
• While strong import barriers & uptight antidumping laws are diminishing the global supply for fruit concentrate purée, the global economic meltdown is also impeding the demand for such products.
• Undulating import-export and trade policies are inducing instability in the overall growth of global fruit concentrate purée market.
• The demand-supply gap in the global market for fruit concentrate purée is further aggravated when harsh environmental conditions end up ruining the produce of fruit plantations across the globe.

According to the report, the widened demand-supply gap in the global fruit concentrate purée market might shrink down due to rising yield of non-GMO fruit plantations. Growing use of purée concentrates in production of baby foods and longer shelf-life of such products is also likely to drive the global sales of fruit concentrate purée in the years to come.

Among all regions in the world, the fruit concentrate purée market in Latin America has been predicted to display an unmatched growth in terms of volume and value. While North America and Western Europe will dominate with more than 50% share in global revenues, Latin America’s fruit concentrate purée revenues will be soaring vigorously at more than 11% CAGR. The report indicates lucrative growth for fruit concentrate purée in Latin America, and also signifies impressive revenue growth in Eastern Europe, Middle East & Africa, and the Asia-Pacific excluding Japan (APEJ) region.

Agrana Juice GmbH and Doehler GmbH will remain two key companies dominating the competitive landscape of global fruit concentrate purée market. These companies are actively contributing in global production of purée concentrates from all fruit families; citrus, berry, orchard as well as exotic.

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Companies such as Tree Top Inc., and Watt’s SA are specialising in production of exotic and orchard fruit concentrate purée, while the global market is also witnessing considerable participation from companies such as China Huiyuan Juice Group Ltd., Cobell Ltd., Fénix S.A., Grünewald Fruchtsaft GmbH, Kerr Concentrates Inc., and Tianjin Kunyu International Co. Ltd.

Segmentation in Fruit concentrate puree market

Fruit type:

• Cherry
• Banana
• Apple
• Mango
• Blackcurrant
• Passion fruit
• Strawberry
• Guava
• Blueberry
• Cranberry
• Others

Product type:

• With Sugar
• Sugar-free

Application:

• Beverage
• Baby Food
• Bakery products
• Sauces & Dressings
• Desserts & Dairy
• Others

Region:

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

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Key Questions Answered in the Report

• How much is the Fruit Concentrate puree market currently worth?
• At what CAGR is the market expected to grow?
• How was the performance in the last five years?
• What are the key trends boosting Fruit Concentrate puree sales?
• How are market players reacting to the new developments in the market?
• How much share do the top 3 companies hold?
• Which are the major countries driving demand for Fruit Concentrate puree?
• Who are the major players in the Fruit Concentrate puree Market?
• What outlook does APAC provide?
• At what rate will the U.S. Fruit Concentrate puree market grow?
• At what level does the report reflect pricing analysis?

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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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Application Delivery Controller (ADC) market is expected to grow at a CAGR of 10.5% during the forecast period of 2022-2031. The Application Delivery Controller (ADC) is the network component which is used as a part of an application delivery network (ADN) in a datacenter. It is primarily a load balancer which helps in managing the traffic flow to servers.

Moreover, ADCs help to enhance the end-user performance, application deployment and also assist in application acceleration by providing security for applications.

Increasing internet traffics coupled with the growing number of applications resulted in rising the demand for maintaining the uninterrupted communication channels among diversified business operations, this has further drives the implementation of ADCs. Therefore, it helps in optimizing the traffic among the networks.

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What is Driving Demand for Application Delivery Controller (ADC)?

Evolving digital infrastructure across the world along with the changing business and working structure, thereby, making modernization a key to success. During the COVID-19 pandemic, the application visibility and management have gained a demand to due increase in the working from their home.

Therefore, this is further predicted to bolster the market growth in upcoming years. Also, rise in the data traffic with an increasing use of the cloud applications has also secured the requirement for content and application delivery systems, supporting the growth of ADCs.

Furthermore, growing number of distributed denial-of-service (DDoS) attacks, disrupting enterprise servers, and overloading the companies totally rely on the ADCs to set limits on requests and traffic hitting an internal server. The above mentioned factors are responsible for the market growth and is further anticipated to drive the market during the forecast period.

Most of the SMEs are relying upon web-based apps and web-enabled services for running the business. Further, these apps are prone to the attacks from intrusions and viruses and DoS attacks. ADCs helps in reducing the risks related to IT security and ensure the compliance with privacy regulations and the data security.

North America Application Delivery Controller (ADC) Demand Outlook

• North America is one of the largest markets for Application Delivery Controller (ADC) across the globe. The growth in the region is majorly owing to the well-established IT & telecom sector. Trends such as rise in the adoption of cloud and SDN devices, virtualization, and network security are predicted to positively influence the market growth during the forecast period.

Moreover, North America happens to be the most rapidly changing and competitive market across the globe. Besides, the region is also expected to adopt new technologies at a faster pace as compared to other countries across the globe.

Asia Pacific Demand Outlook for Application Delivery Controller (ADC)

Asia Pacific is the fastest growing region registering the significant CAGR for the Application Delivery Controller (ADC) during the forecast period followed by North America. The major factor responsible for the growth in this region is rise in the internet penetration coupled with technology advancement in the region.

Additionally, several government initiatives, including the Make in India by the government of India and OpenNet by the Chinese government to progress the performance of web applications and services is the supporting factors driving the market growth in this region.

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Who are the Key Manufacturers and Suppliers of Application Delivery Controller (ADC)?

Some of the leading manufacturers of Application Delivery Controller (ADC) market are

• F5 Networks Inc.
• CISCO SYSTEMS INC
• A10 Networks Inc.
• Array Networks Inc.
• Brocade Communications Systems Inc.
• Citrix Systems
• Dell Inc.
• Barracuda Networks Inc.
• Fortinet Inc
• KEMP Technologies Inc.
• The key players operating in the market are focused on collaborations, acquisitions, partnerships, and new product launches in order to strengthen their presence and enhance their product portfolio in the market.
• For instance, in March 2019, F5 Networks, Inc. announced an acquisition with NGINX with a total enterprise value of approximately US$670 million, subject to certain adjustments.

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.

Key Segments

By Deployment Type:

• Software/Virtual
• Hardware
• By Enterprise Size:
• Small and Medium Enterprises
• Large Enterprises
• By End-Use:
• BFSI
• Retail
• Healthcare
• IT and Telecom
• Government
• Others
• By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

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

Contact Us:        
Future Market Insights
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For Sales Enquiries: sales@futuremarketinsights.com
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