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Fortified milk and milk products are dairy products that have been enriched or fortified with micronutrients such as vitamins and minerals that are deficient in consumers of different age groups. Due to its diverse application and high nutritional value, milk is one of the most consumed dairy products globally.

Several diseases such as osteoporosis, xerophthalmia, night blindness, anemia, and many others, which are often caused by inadequate or lack of certain vitamins and minerals, can be curbed by consuming fortified milk and milk products. The health benefits associated with the consumption of fortified milk and milk products has raised the demand for the product in the global market. And this has led to the acceleration of the industry over time.

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The consumption of milk is now a norm in underdeveloped nations, and this is fostering the growth of the global fortified milk and milk product market. Hence, milk is consumed not only in developed or developing countries; its a global food product for both the poor and rich. The affordability of milk and milk products has a significant impact on market growth.

Fortified Milk and Milk Products Market Driven by Growing Consumers’ Demand for Healthy Food Products

The saying “Health is wealth” has always been in the mind of every consumer because without health, wealth can be accumulated. Consumers are conscious of what they consume. They want quality food products that are beneficial to their health. And fortified milk and milk products fall under this category of food products. Fortified milk is a rich source of vitamins and minerals. The health benefits associated with the consumption of fortified milk and milk products is a significant growth driver for the industry.

In addition, the rise in disposable income coupled growing employment rate will drive the global fortified milk and milk industry forward over the forecast period. The reason for this is because there will be an increase in demand for the product. Also, the diversity in the application of milk will bode well for the market in the future.

Fortified Milk and Milk Products Market: Region-wise Analysis

Due to the high disposable incomes within the region, North America is the largest market for fortified milk and milk products. However, the Asia Pacific region is expected to take over the market due to the emerging economy of countries like China, India, and Japan that are located within the region.

Most Asia Pacific nations are developing rapidly both in population size and economy-wise, and these will foster the growth of fortified milk and milk products over the forecast period.

Besides, the increase in FCMG companies within the region is projected to play a significant role in the growth of the Asia Pacific Market. Rising awareness regarding the adverse effect of nutritional deficiency is also expected to raise the market tremendously in the future.

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Fortified Milk and Milk Products Market Restraint

Although milk is a readily available raw material, the fortified ones are expensive. The cost of purchasing fortified milk and milk products is a strong force expected to pull the market backward over the forecast period.

Fortified milk and milk products are available for consumers who are willing to pay the price. Unaffordability of fortified milk is a threat to the global fortified milk and milk products market, and this will hamper the industry from growth over the foreseeable period.

Furthermore, the rise in demand for fortified milk from the middle class and lower-middle-class population is expected to restrain the market from growing. This is due to the inability of the industry to meet the demand of consumers. Thus, consumers will have to find an alternative.

Fortified Milk and Milk Products Market: Competitive Landscape

• Arla Foods UK Plc.
• Dean Foods Company
• GCMMF ltd
• Kraft Foods Group, Inc.
• Fonterra Group Cooperative Limited
• Nestle SA
• Sancor Cooperativas Unidas Limited
• Royal FrieslandCampina N.V.

Region-wise Analysis

• 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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\Global Fortified Milk and Milk Products Market Segment Analysis

The global fortified milk and milk products market can be segmented on the following basis:

By Type

• Milk
• Milk Powder and Formula
• Cheese
• Dairy-Based Yogurt
• Flavored Milk

By Micronutrients

• Vitamin A, C, D
• Calcium
• Zinc
• Copper

By Sales Channel

• Departmental Stores
• Commerce
• Drugstores

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Sauces, dressings, and condiments are the blend of various ingredients inducing herbs, spices, among others. These are commonly used in many dishes as tomato paste, soy sauces, pasta sauces, purees, cooking sauces, ketchup, mayonnaise, mustard, salad dressings, dips and other sauces.

Sauces, dressings, and condiments are among the most important and flavouring ingredients in food products such as seafood products, bakery, fruits and vegetable products, baby foods, ice-cream, and dairy products. Being an indispensable part of the European cuisine, the demand for sauces, dressings, and condiments is likely to remain healthy in the region, which is expected to reflect in a steady growth of the European market for sauces, dressings, and condiments.

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Health Quotient: Manufacturers Focus on Offering Low-calorie and Low-fat Products

The health-conscious approach of consumers is unwavering, and the demand for sauces, dressings, and condiments with health-benefiting ingredients will never cease to grow.

Leading manufacturers in the Europe sauces, dressings, and condiments market are witnessing the rising popularity of low-sodium variants of products, which also triggers them to increase the use of healthier ingredients in sauces, dressings, and condiments.

In the coming years, manufacturers will have to increase focus on food innovation rather than banking completely on the products that are labelled as organic, gluten-free, vegan, and low calorie to boost sales.

Constantly boosting the research & development activities to improve the ‘health-quotient’ of their products while reducing the use of ‘health-harming’ ingredients, which continue to remain a sure-fire formula for attracting new consumers in the European markets.

Offering Shelf-stable Products while Reducing the Use of Preservatives Continues to be a Challenge

Modern consumers are becoming more and more heedful towards the ingredients of food products before making a purchase. Growing awareness about the negative impacts of chemical preservatives has made consumers highly label-conscious, and this has made a significant impact on the dynamics of Europe sauces, dressings, and condiments market.

Though these products normally have a better shelf life than other perishable food products, manufacturers still need to maintain a low pH to curb the growth of pathogens and spoilage microorganisms. In order to offer healthier products, companies will have to resort to innovative food techniques such as acidification, or pH-regulation. This can enable market players to deliver a great flavour while maintaining an appropriate pH level in their products, and stay on the top of challenges in Europe sauces, dressings, and condiments market.

Indirect Impact of the COVID-19 Pandemic will Disrupt Traditional Growth Strategies

The global outbreak of the novel coronavirus has had a huge impact on various industrial areas, and the food industry is no exception. Changing operations in the value and supply chains of various segments of the industry will also trigger players in the sauces, dressings, and condiments markets in the European Unions. Manufacturers will have to increase focus on curbing the production costs in order to maintain competitive prices, and manage healthy revenue cycles.

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However, the declining impact of the COVID-19 pandemic in the region is soon likely to give a ray of hope for market players in the region.

Consumer Inclination towards International Cuisines Hint at Rise in Flavour Innovation

While the trends are bound to change periodically, the impact of product innovation on sales will never decline, and this is one of the preliminary factors that will continue to drive investments in the Europe sauces, dressings, and condiments market.

Manufacturers are noticing a significant spike in the popularity of international cuisine across the European countries, and this is triggering them to introduce innovative flavours of their products. Consequently, introducing new flavour profiles will soon emerge as an important aspect of the ‘recipe of success’ in the European market for sauces, dressings, and condiments, in the coming future.

Europe Sauces, Dressings, and Condiments Market: Region-wise Analysis

Based on geographies, the European market for sauces, dressings, and condiments is broadly segmented into Germany, France, UK, Spain, Italy, Eastern Europe, and rest of the European region. Different countries in Europe act as an individual market in itself. For instance, sauces, dressings and condiments market in Germany experienced slow growth in the past 3-4 years. However, there is a significant rise in sales of pickled condiments in the region.

The demand for condiments is expected to remain higher than other products in the country.  Furthermore, an increasing number of German households seem to be inclined towards using readymade sauces, mainly to reduce the cooking time. On the other hand, in France, sauces, dressings and condiments demonstrated drastic growth.

Herbs and spices, dips and low-calorie dressings have been witnessing maximum demand in the country since the past few years, and the trend is expected to continue in the coming years.

Europe Sauces, Dressings, and Condiments Market: Competitive Landscape

• Nestle SA
• Unilever group
• Fuchs Gewürze Gmbh Co
• H.J Heinz
• Kraft Foods Group Inc.
• Walmart storeInc.
• ConAgra Foods Inc.
• Frito-Lay Co.
• Amora, Knorr
• Savora
• General Mills Inc.
• Hormel Foods Corp
• Kroger Co.

Growing interest of consumers in foreign cuisine and convenience products would help the European sauces, dressings and condiment Market to show positive growth in the near future.

In Europe, the demand for vegan variants of sauces, dressings, and condiments is expected to witness an exceptional boost in the new future, and manufacturers are modifying their strategies to win in the market. For instance, In January 2020, Tesco plc, trading as Tesco, – a British multinational groceries and general merchandise retailer, announced that it has launched the UK’s first ever range of vegan or plant-based condiments as a part of its vegan Wicked Kitchen product line.

The company states that it has been witnessing a significant rise in the sales of its plant-based food products, and consequently, it made a decision to launch a range of vegan condiments to cater to its widening group of plant-based food shoppers. Tesco’s new range of vegan condiments includes a Asian style BBQ sauce, siracha sauce, horseradish and mustard sauce, a mango sauce, beetroot dressing, and teriyaki sauce.

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Region

• Germany
• France
• UK
• Spain
• Italy
• Eastern Europe
• Others

Europe Sauces, Dressings, and Condiments Market: Segment Analysis

The Europe sauces dressings condiments market can be segmented on the basis of the following:

By Type

• Dry Sauces
• Herbs and Spices
• Pasta Sauces
• Barbecue Sauces
• Cocktail Sauces
• Ketchup
• Mayonnaise
• Imitation Whipped Cream
• Vegetable Oils
• Others

By Applications

• Cooking Sauces
• Table Sauces
• Dips
• Pickled Products

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Corn Silage is a common ingredient in the diet of dairy and beef cattle. Corn Silage is a carrier of nutrients required by the cattle. It is being used extensively among ruminants because of its high energy content and easy digestibility. Corn Silage that is harvested late and that has brown and dead leaves makes a good quality of silage. Besides this, the corn crop that is damaged due to drought or high temperatures can also be used for silage.

India, which is the largest producer and consumer of milk, producing 186 million tons of milk and consuming 77.7 million tons, is also one of the largest exporters of milk. For such countries, a large portion of the economy relies on milk production, consumption, and export, and therefore is very essential to keep the quality and nutrient value of the product intact.

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Corn Silage helps the milking cattle to gain those nutrient content. Listed factors are expected to boost the corn silage market growth over the forecast period.

Increasing Demand for Corn Silage due to Associated Health Beneficial Factors

Countries like India, European Union, and the United States are the largest producers of milk and therefore has a large number of cattle to feed. To produce high nutrient content milk, the cattle need high content feed and forage. It is very important for these economies and manufacturers to maintain the good quality and nutrient content of milk in the highly competitive market.

As awareness of nutrient content of ingredients is increasing among consumers, producers are also very attentive and are careful of the feed of their cattle. And, for maintaining the nutritious value of the milk demand of Corn Silage is increasing.

Corn Silage once prepared can be stored with the shelf life of around two years with more nutrition value than other fodder. Many countries are facing severe drought conditions due to climate change and hence there uneven production of fodder for cattle around the world.

Owing to the benefits and better choice for reducing the gap between demand and supply and enhancing the economy Ministry of Agriculture and Farmers Welfare, Government of India in the 5th edition of India Maize Summit, 2018 announced PPP (Public-Private Partnership) opportunities for establishing maize-based silage units. This step has opened many investment opportunities in the corn silage market, indicating the need and demand of Corn Silage in the global market.

Key Players of Corn Silage

• United Agro Feeds
• BF Global Trading Pty Ltd
• Krishna Multicomm Private Limited
• Lakkavaram Silage Fodder Pvt. Ltd.
• Qadir Exports
• Explore Enterprise,
• Ambica Enterprise
• Bac Quang Trading Investment JSO
• Gralimex Import Export Joint Stock Company
• Palaya Eco Natural Farm Corporation
• Pt. Arkananta Lestari Energina
• AMT InternationalHang Xanh International Co. Ltd.
•  Nong Trai Xanh

 

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Innovations and Development in Global Corn Silage Market

As of now, there is no major supplier for Corn Silage as corn farmers directly sell it to cow-keeper as feed. This can also cause inconsistent feed with uneven distribution of nutrients. Manufacturers have identified this as an opportunity to supply Corn Silage as a feed for milking and beef cows to provide them with essential nutrients.

Manufacturers are aiming at producing high-quality silage which is fermented, high moisture content. This helps in reducing the volume of feed hence lessening the cost to store feed and restore all the essential nutrients required by cattle and sheep.

Manufacturers are acquiring state-of-the-art technology for 100% computerization and procedure control mechanism for keeping up the consistent quality and nutrition value throughout all the batches of silage. These technologies are partnered up with government institutions for striving up the dairy market and countries economy.

The Report Covers Exhaustive Analysis on

• Corn Silage market segment
• Corn Silage market dynamics
• Corn Silage market size
• Corn Silage supply and demand
• Current trends/issues/challenges pertaining to Corn Silage market
• Competition landscape and emerging market participants in Corn Silage market
• Technology related to production/processing of Corn Silage
• Value chain analysis of the Corn Silage market

Regional Analysis Includes

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

The Corn Silage market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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Corn Silage: Market Segmentation

Based on End Use:

• Milking Cattle
• Beef Cattle

Based on Type:

• Brown Mid-Rib
• Conventional Field Corn
• Leafy

Based on Nutrients:

• Net energy for lactation (NEL)
• Rumen degradable protein (RDP)
• Rumen undegradable protein (RUP)
• Effective neutral detergent fiber (eNDF)

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Vegan diets becoming more adaptable and visible, owing to the procreation of social network as a means to share generic information, experiences and discuss different opinions. Marketed by some for professed health benefits such as the diminished risk of heart disease, reduced LDL, blood pressure, diabetes and cancer, vegans are a group of people who strictly follows a vegetarian diet that forbids the consumption of animal products in the diets of population.

A shift in demand for meat alternatives, growing vegan population and increased awareness around the benefits of protein-rich diet and proteins has been adding in the increasing demand of Plant-Based or vegan Vitamins and Supplements in recent years.

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Some of the examples of Vegan Supplements are Vitamin C, Vitamin D, and Omega 3, iron. Various benefits are associated with Vegan Vitamins and Supplements such as better bio-availability, lower toxicity rates, additional cofactors and co-nutrients, these supplements have natural smell and taste and vegan is growing with a faster pace as a new trend in the market which is expected to push Vegan Vitamins and Supplements.

Stringent and rigid regulation in some of the countries could act as a threat for magnifying the market of Vegan Vitamins and Supplements.

Healthy Lifestyle Leading to the Increasing Demand for the Vegan Vitamins and Supplements Market

Majority of the world’s population is shifting towards eating vegetarian food over animal-based products and skipping an omnivore diet so it is estimated to be an appealing driver for adoption of Vegan Vitamins and Supplements and thus leading towards the growth in Vegan Vitamins and Supplements market. Vegan Vitamins and Supplements are the choice for meat consumers for their dose of protein.

People adopting a vegan diet are expected to adopt Vegan Vitamins and Supplements.

Vegan Vitamins and Supplements have major advantages over its counterpart, synthetic or animal based-supplements, which could be a driver for the majority of the population. There is also a growing demand from the Food and Beverage Industry for Vegan Vitamins and Supplements.

Synthetic supplements are easily available and at a competitive price when compared to Vegan Vitamins and supplements, it is expected to be a restraining factor for Vegan Vitamins and Supplements.

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Global Vegan Vitamins and Supplements Market: Market Participants

The market participants in the global Vegan Vitamins and Supplements Market identified across the value chain include

• VegLife, Dupont
• Jarrow Formulas
•  VitaminEnergy
• Solgar Inc
• DEVA™
• NOW Foods
• Natrol®
• Vitacost
• Garden of Life
• Pure Encapsulations
• Orgenetics
• Ora Organic
• HTC Health

among the manufacturers of Vegan Vitamins and Supplements across the globe.

Opportunities for the Market Participants in the global Vegan Vitamins and Supplements Market

The rising concerns over the animal or based products and protein, growing vegan population, enriching preference for meat alternatives, propelling demand for healthy and nutritional products has made Vegan Vitamins and Supplements Market popular in various regions of the world.

Rising health consciousness, surging food and beverages industry and booming economy are some of the reasons behind the growth of Vegan Vitamins and Supplements Market in the forecasted period.

Outpouring demand for nutritional and functionally augmented processed food products are driving the growth of the market. Some of the factors like diseases caused due to feeding fortification, and vitamin deficiencies, increased per-capita income and increased health awareness among people, rising incidence of obesity and related diseases is making consumers opt for food and beverages products that are low in fat and rich in minerals, are fueling the Vegan Vitamins and Supplements market growth

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Global Vegan Vitamins and Supplements Market: segmentation

On the basis of Form, the global Vegan Vitamins and Supplements Market has been segmented as,

• Powder
• Capsule

On the basis of Form, the global Vegan Vitamins and Supplements Market has been segmented as,

• Vitamin B-12
• Iron
• Omega-3 fatty acids
• Vitamin D
• Vitamin K-2
• Zinc
• Iodine
• Calcium

On the basis of Distribution channel, the global Vegan Vitamins and Supplements Market has been segmented as,

• Hypermarket
• Supermarket
• Mass Merchandisers
• Specialty Stores
• Others

On the basis of Application, the global Vegan Vitamins and Supplements Market has been segmented as,

• Healthcare Products
• Pharmaceuticals
• Food and Beverages
• Infant Food
• Dairy Products
• Bakery and Confectionery Products
• Beverages
• Others
• Snacks
• Flours
• Breakfast Cereals
• Personal Care Products

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The new report published by Future Market Insights. According to this report, the beetroot powder market has been experiencing significant growth; however, it is still at a growing stage compared to other products in the market. Growing popularity of beetroot juice is one of the significant reasons for the growth of the global beetroot market.

The global beetroot powder market is expected to exhibit a robust CAGR of 5.0% in terms of value, over the forecast period. In terms of volume, the global beetroot powder market stood at 6, 90,000 Tons in 2016, and is expected to reach 1,138,232 Tons by 2027 end, at a CAGR of 4.7%.

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Global Beetroot Powder Market: Drivers

• Growing preference of beet root powder by athletes
• Growing preference for organic beet root powder products
• Longer shelf life eases usage and transportation
• Versatility of applications of the beetroot powder
• Increasing demand for gluten free and vegan products
• Increasing demand for cosmetics made with natural ingredients
• Increasing demand for vibrancy in appearance of food products
• Increasing demand for ingredients with detoxification properties
• Increasing demand for ingredients with detoxification properties

Global Beetroot Powder Market: Forecast by Region 

This report has covered seven regions such as, North America, Latin America, Eastern Europe, Western Europe, APAC, Japan and MEA. North America beetroot powder market is expected to exhibit a decent CAGR of 5.2% and 5.1% in terms of value and volume respectively. North America beetroot powder market is estimated to be valued at US$ 4,906.5 Mn by the end of 2027. On the other hand Western Europe beetroot powder market is estimated to be valued at US$ 5,166.1 Mn by the end of 2027 and is expected to expand at a CAGR of 5.3% over the forecast period.

Global Beetroot Powder Market: Forecast by Product Type

There are two segments namely organic and conventional. The organic beet root powder product type is expected to show a high absolute $ opportunity of US$ Mn 5,149.97 over the forecast period. Organic beetroot powder market is estimated to be valued at US$ 13.70 Bn by the end of 2027 and is expected to expand at a CAGR of 5.1% over the forecast period. Conventional beetroot powder market is expected to exhibit a CAGR of 4.5% in terms of volume over the forecast period, and is also expected to witness an absolute $ opportunity of US$ 4,310.60 Mn.

Global Beetroot Powder Market: Forecast by End Use

On the basis of end use segment the global beetroot powder segment is mainly categorized in to food & beverages and industrial segments. Food & beverages segment is further sub-segmented into bakery, confectionary, food colorants, sweeteners and Others. On the other hand, industrial segment is further sub-segmented into chemicals, nutraceuticals, pharmaceuticals, cosmetics, and textiles. Industrial segment beetroot powder market is estimated to be valued at US$ 8,573.4 Mn by the end of 2027 and is expected to expand at a CAGR of 4.7% over the forecast period.

Global Beetroot Powder Market: Key Players 

The key players operating in the global beetroot powder market are as follows-

Windmill Organics Ltd., Lush Retail Limited, STADA Arzneimittel AG, Mountain Rose Herbs, Changsha Vigorous Tech Co., Ltd, Z Natural Foods, LLC, Indigo Herbs, MARUDHAR FOODS PRIVATE LIMITED, Ecuadorian Rainforest, LLC, and Organic Herb Inc.

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By Type

• Organic
• Conventional

By End User

• Food & Beverages
  • Bakery
  • Confectionary
  • Food Colorants
  • Sweeteners
  • Others
• Industrial
  • Chemicals
  • Nutraceuticals
  • Pharmaceuticals
  • Cosmetics
  • Textiles

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https://abhinayfmi.blogspot.com/2022/07/aquafeed-and-aquaculture-additives.html

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Pigeon peas are the edible seeds belonging to legume or leguminosae family. It is a perennial plant used extensively for animal feed and for developing pulses. Pigeon pea is also known as cajanus cajan. It provides quality protein and improves soil structure.

There are four varieties of pigeon peas namely tall varieties, tree types, dwarf varieties, and smaller bushes. Pigeon pea is one of the essential legume crops originated in South Asia and are now growing in tropical and sub-tropical regions. Moreover, the largest pigeon peas producing regions are India, Latin America, and Eastern Africa.

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Pigeon pea contains high level of nutritional elements such as calories, carbohydrates, vitamins, proteins, and amino acids. Pigeon pea enriches soil fertilizer through symbiotic nitrogen fixation and allows farmers to have a valuable organic product and micronutrients. Pigeon pea is also used as a green manure, cover crop, intercrop and much more in various farming systems.

Pigeon Pea Market: Drivers and Restraints

Pigeon pea market is witnessing maximum growth owing to the low price of pigeon pea, long storage ease, rising demand for processed products, advanced hybrid seed production technology, enhanced production capacity, and logistical infrastructure. Moreover, consumers are increasingly become health & nutrition conscious, government initiatives for farmers welfare, and increasing government investment towards agriculture sector are some of the other factors that can boost the demand for pigeon pea over the forecast period.

However, seasonal changing pattern, substitutes to pigeon pea, unorganized sector, price fluctuation, high-quality standards, and the threat from pathogens such as fusarium wilt disease, & pests that attack crops are the foremost production constraints which may further hamper the growth of pigeon pea market in near future.

Pigeon Pea Market: Overview

Pigeon pea market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well in the near future owing to the government initiatives to control the price war of pulses & improve crop quality.Rising demand for pigeon pea enables farmers to purchase more farm animals and diversify pigeon pea production thus increasing profit and spread risk.

Moreover, pigeon pea contains high protein level & amino acids, improves soil fertility along with consumed in a variety of forms and contains some medicinal value to overcome stomach problems. These are some of the factors that can accelerate the market revenue growth of pigeon pea during the forecast period. Based on form, frozen is anticipated to grow at the highest CAGR over the forecast period This is attributed to the changing lifestyle and busy schedule of the consumers which allow manufacturers to offer pulses that have long term storage capacity.

Pigeon Pea Market: Region-wise Outlook

Depending on the geographic region, pigeon pea market is divided into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia Pacific, and Middle East & Africa. North America dominates the pigeon pea marketfollowed by Europe and  Japan owing to advanced technology, high demand for flavored food, establishes R&D facilities and favorable climate conditions in these regions.

Moreover, India is the largest producer of pigeon pea accounted for 82% of overall pigeon pea production worldwide followed by Indian subcontinent, Eastern & South Africa, and Latin America. Asia Pacific holds huge potential and shows substantial growth in terms of increasing focus towards dietary food habits among consumers, developing logistical infrastructure, expanding import demand for pigeon pea, rising per capita spending on processed pulses.Moreover, early mature pigeon pea varieties in these region allow farmers to reduce costs and enhance their footprints in expanding markets.

Pigeon Pea Market :Key Players

Some players of pigeon pea market are SYMAF Co Ltd., Sun Impex, Interamsa Agroindustrial SAC, A.B.agro Company, Arvind Limited, Akyurek Kardesler Ltd., Taj Foods, Pulses Splitting & Processing Industry Pvt Ltd and Unitex Tanzania Limited.

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 categories such as market segments, geographies, types, technology, material, and applications.

The report covers exhaustive analysis on:

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

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Regional analysis includes

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

Pigeon Pea Market: Segmentation

The pigeon pea market has been classified on the basis of the price range, form and distribution channel.

Based on price range, the pigeon pea market is segmented into the following:

• Premium
• Mid
• Low

Based on form, the pigeon pea market is segmented into the following:

• Frozen
• Dried
• Canned
• Fresh

Based on distribution channel, the pigeon pea market is segmented into the following:

• Supermarket/hypermarket
• Independent Grocery Stores
• Online/e-Commerce
• Others

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The global pizza crust mix market is valued at US$1,248.3 million in 2022. According to the report, pizza crust mix sales will grow at a CAGR of 5.50% to reach an estimate of $2,132.3 million by 2032.

Pizza Crust Mix is a batter mix for the pizza crust formation. It is widely used as an ingredient in the household while baking the pizza crust as well as a foodservice ingredient by the bakers globally. It is mixed in proportionate form so as to bake a uniform pizza crust. The market for Pizza Crust Mix is expected to grow due to rising demand for fast food by the millennial population and the westernization culture being highly adopted in the developing regions globally.

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Market Segmentation 

Pizza Crust Mix market can be segmented on the basis of product type, packaging type, distribution channel, and region.

On the basis of product type, Pizza Crust Mix Market can be segmented into whole grain pizza crust mix, semolina flour, and gluten-free pizza crust mix.

On the basis of packaging type, Pizza Crust Mix Market can be segmented into pouches and jars/containers.

On the basis of the distribution channel, Pizza Crust Mix market can be segmented into direct and retail sales. Direct sales refer to direct selling of Pizza Crust Mix as an ingredient to bakery units. Retail sales are further segmented into hypermarket/supermarket, convenience stores, online retailers, and other retailing formats.

Drivers, Restraints, and Trends 

The key demand of Pizza Crust Mix includes majorly from the foodservice and household use. The growing demand due to growing tastes and preferences with different varieties of ingredients in the pizza crust mix, the rising disposable income, awareness among consumers in using specified ingredients in their food products are all expected to grow the market for Pizza Crust Mix in the projected period. The growing preference for packaged food products on account of hectic lifestyle patterns is further subjected to grow the market globally.

The major restraint is the high presence of MSG as an ingredient in pizza crust mix is expected to hider the market growth in the forecasted period.

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Regional Outlook 

Europe has been a major contributor towards the Pizza Crust Mix due to the high demand and innovations in the bakery industry. Also growing tourism and rising preference towards gluten-free in pizza crust mix products is further expected to grow the market in the projected period. The high consumption & growing demand for packaged products in North America and Europe region is expected to further grow the demand for Pizza Crust Mix among the manufacturers of bread products.

The presence of highly populous countries, coupled with increasing preference for packaged goods and new innovations taking place in the bakery sector is expected to grow the market for the Pizza Crust Mix in the Asia Pacific region in the projected period. Although in the Middle East regions, the rising demand for Pizza Crust Mix among food manufacturers is expected to grow the market due to growing demand for bread and loafs in the region as one of the staple food product. Increasing urbanization in the region is further expected to grow the market in the region in the forecasted period.

Key Players 

Some of the prominent players of Pizza Crust Mix are Bob’s Red Mill, King Arthur Flour, Archer-Daniels-Midlands Co., Hodgson Mill, Martha White, and various other regional manufacturers.

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.

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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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Future Market Insights, in its incisive study on the mining lubricants market, opines that the market is slated for 3.4% growth through the forecast period (2022-2030). Growing investments in Asia Pacific are likely to offset subdued growth in key markets, with coal and iron ore mining sector driving demand.

Manufacturers are working on product differentiation strategies to develop lubricants that have prolific anti-friction properties, high pressure additives and the correct anti-wear agents. Sharper profit margins are underpinned by lubricants used in equipment such as coal crawler excavators.

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Key Takeaways of Mining Lubricants Market Study

• The mining lubricants market is slated to reach US$ 2.98 Bn by 2030
• High performing lubricants and greases are growing in demand as covid-19 tightens operating costs
• Coal mining largest application avenue, accounting for over 50% mining lubricants market share
• Open pit mining is heightening the adoption of loaders, roof bolters, draglines and haul trucks thus boosting demand for lubricants
• Bio-based lubricants pipped as a log-term solution, but current market dynamics in favor of synthetic variants

For mining companies, operational and maintenance costs account for a significant share. Increasing awareness among companies about the proper usage of lubricants has decreased the maintenance cost of equipment. Moreover, it has also helped companies to avoid unexpected shutdowns”, says an FMI analyst.

Mining Lubricants Market – Competition Landscape

Technological advancements in lubricants is acting as a catalyst for mining lubricants market players to move up the value chain. The mining lubricants marketplace remains moderately fragmented, with Shell, Exxonn Mobil and Chevron as the traditional triumvirate.

With size of mining equipment undergoing a seismic shift, manufacturers are strategizing to come out with differentiated offerings that lower maintenance costs.

• Schaeffer, a privately held US company specializing in heavy duty lubricants, has demonstrated the capability of extending working time of mining equipment by several hours. Besides this, the company’s lubricants create a highly durable shield thus reducing metal-to-metal contact and friction
• Total, on the other hand, closely collaborates with its mining company clients, advising them on correct lubricant storage solutions. It recommends the first in, first out approach thus reducing costs on obsolete inventories by as much as 6% – 19%
• Exxon Mobil, in the year 2021, expanded its refinery at Singapore for better upgradation of Group II lubricants stock to remain competitive in the market

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Mining Lubricants Market by Category

By Product Type:

• Oils
• Grease

By Source:

• Synthetic Lubricants
• Bio-based Lubricants

By Application:

• Coal Mining
• Bauxite Mining
• Iron Ore Mining
• Precious Metals & Rare Earth Minerals Mining
• Industrial Mineral Mining
• Others

COVID-19 Impact on Mining Lubricants

In the first quarter of 2022, lubricant players have bore the brunt of the COVID-19 crisis as the virus rampaged across China, Europe and North America. Many had to fully or partially shut down operations.

Sales of lubricants were down by as much as 70%-75% in Asia Pacific. Industry experts predict a gloomy outlook for the near term as it will take a few quarters for the market to come back to normalcy.

With lockdowns in force in Europe, Asia and North America, there has been a cessation in mining activity. Consumption of lubes has dropped and many lube refiners are being forced to cut down their throughput by at least 20%-30%.

The daily global oil demand is also set to shrink by a few million barrels leaving an unpleasant residual impact on the mining lubricants market. The use of inventories to meet pending demand and cash reserves will help lubricant manufacturers to sail through this turbulent time in the short-term.

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Future Market Insights has published a market research report on the Mining lubricants market that contains global industry analysis for 2015–2021 and opportunity assessment for 2022–2030. The report provides insightful analysis of the Mining lubricants market through four different segments- product type, source, application, and region.

The Mining lubricants market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent 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.

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This is the main factor as to why the global propanol market is estimated at US$ 3,099.4 Mn in 2022, and is projected to experience steady growth during the forecast period of 2022-2029. East Asia will see the most opportunities for manufacturers over the period of forecast, with pharma- and electronic-grade isopropanol experiencing increasing sales.

Growing utilization of propanol as a direct solvent in paints and coatings, household & industrial cleaners, and others is expected to pave the way for its robust sales during the projected timeline.

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Key Takeaways from Global Propanol Market

• In the coming years, as compared to isopropanol, n-propanol is expected to register a slight increase in demand, owing to new laws and regulations regarding the usage of low-VOC-emitting chemicals in pharmaceutical and food processing applications.
• Pharmaceutical and electronic-grade isopropanol is likely to be sought after in the future, owing to the growth of pharma and semiconductor industries. Worldwide, propanol used as a direct solvent across various industries is projected to account for a prominent share in the global propanol market.
• Growth prospects are high in emerging markets such as India, China, and Mexico. Companies are focusing on different strategies in order to ensure good presence in both, emerging and matured markets. Since there are limited opportunities for propanol manufacturers in developed regions, manufacturers in the propanol market are focusing on emerging markets to capture a larger share in the landscape.

 “Volatility in petroleum feedstock prices as well as propylene prices may impact the future price of propanol as well as market growth. Increasing cost of propylene is encouraging manufacturers to adopt acetone-based isopropanol production, especially in Asian countries. Acetone-based propanol production increased from 2% to 25% from 2002 to 2018 in Asian countries,” says an FMI analyst.

The implementation of new technologies or methods over conventional methods, and production capacity expansion and footprint expansion, remain the key strategies followed by propanol manufacturers to enhance productivity and capture new opportunities in the propanol market.

East Asia Set to Become Self-sufficient in Propanol

In the year 2014, the capacity base of propanol in East Asia surpassed that of North America, primarily following the start of several new facilities in China and South Korea. During the period of 2014-2021, massive addition in capacity has made China a prominent producer in Asia Pacific.

In China, future import volumes are expected to decline as the country moves towards self-sufficiency. Globally, oversupply of propanol has constricted its growth and demand. At present, the total global production capacity of propanol stands at around 3,400 KT, with approximately 60% utilization rate.

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Looking for More Information?

A new market report on propanol published by Future Market Insights brings to the fore a pin-point analysis of the propanol market, and offers comprehensive information with historical demand data for 2014-2021 and forecast statistics for 2022-2029.

The study offers insightful information on the global propanol market based on various categories – type (n-propanol, isopropanol), application (solvents, chemical intermediates, pharmaceuticals, household & personal care products, and others), across seven regions.

This study highlights key market players who are well-known vendors and have proven themselves as key shareholders in the global propanol market. Some of the propanol market players included in the report are BASF SE, Royal Dutch Shell Plc, ExxonMobil Corporation, Sasol, LG Chem Ltd., and Eastman Chemical Company, among others.

2014-2021 Propanol Market Outlook Compared To 2022-2029 Forecast

Sales of propanol increased at 2.5% CAGR, between the period of 2014 and 2021, owing to moderate demand outlook from the end use sectors such as pharmaceuticals and chemical intermediate.

A decrease in the demand for n-propanol from certain end users during the pandemic crisis has impacted the overall growth of the market, although in upcoming years the growth is expected to bounce back to its original pace based on the recovery of the economic conditions. However, substantial demand for sanitizers has boosted the market for isopropyl alcohol.

The key driver of the market is the rising use of propanol in paints and resin, pharmaceuticals, personal care products, de-icers, cosmetics, inks, food, and adhesives. Most end users are shifting their focus from isopropanol to n-propanol.

Considering the new law regarding the utilisation of low volatile chemical compounds, n-propanol has capitalised on a modest increase in demand in food processing and pharmaceutical applications. An increase in the demand for sanitizer all over the globe has bolstered the growth outlook for iso-propanol.

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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