Modified Soya Flour Market Analysis, Segmentation, Key Players, Opportunities and Forecast To 2032

Modified Soya Flour Market size is projected to reach USD 85,859 million by 2032, growing at a CAGR of 3.2% over 2022-2032. Soy Flour is used in variety of food items and are used in various industrial products that contains more than 50% of protein.

The market driver can be attributed to increase in utilisation of soy-derived flour in the processed meals due to nutritional benefits such as trans-fat-free, gluten-free, and whole-grain food products. Furthermore, during the forecasted period 2022-2032, growing economies would see a growth in sales of modified soya flour, owing to increased consumption of modified soya flour, particularly in Russia and Germany.

Because of their hectic schedules, consumers choose packaged foods because they have a longer shelf life. This is due to increased customer demands for baked products, which pushes up bakery and confectionery demand. Additionally, producers are focusing on manufacturing a variety of baked items to improve client demand, hence propelling the Modified Soya Flour Market ahead.

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Key Takeaways from Market Study

  • For the period 2022-2032, the Methylcellulose category is expected to grow at the fastest rate of 5percent.
  • expanding use of modified soya flour in a number of food applications, the global modified soya flour market is expected to rise at a high rate in Asia Pacific excluding Japan-APEJ.
  • During the forecast period of 2022-2032, the organic category is predicted to develop at the fastest rate in terms of value, with a CAGR of 6.5 percent.
  • Due to increased consumer demand for baked goods, the Bakery and Confectionery industry is predicted to grow at the fastest rate of 5.2 percent.
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

“ The Modified Soya Flour Market is being propelled ahead by rising innovations in the food and beverage sector, as well as rising veganism appeal among the general public.”, –says a lead analyst at Future Market Insights.

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Competitive Landscape

Modified Soya Flour have a strongly competitive global market. The Modified Soya Flour Market is going forward as producers focus on developing a variety of baked items that will enhance customer demand.

Some of the leading companies offering Modified Soya Flour are Cargill Incorporated, The Scoular Company, Associated British Foods Plc., The Hain Celestial Group, Inc., General Mills Inc., Parrish and Heimbecker Ltd., ITC Limited, SunOpta Limited, The Caremoli Group, Ingredion Inc., Unicorn Grain Specialties, ConAgra Foods, Inc., Bunge Limited, Archer Daniels Midland Company, and Buhler.

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Ingredients:

  • Activated Carbon
  • Microcrystalline Cellulose (MCC)
  • Methylcellulose
  • Carboxymethyl cellulose (CMC)
  • Ethylcellulose
  • Phosphorus Chemicals
  • Succinic Acid

Application:

  • Bakery & Confectionery
  • Extruded Snacks
  • Soups
  • Packaged Food
  • Other Application

Sales Channel:

  • Direct Sales
  • Modern Trade
  • Departmental Stores
  • Convenience Stores
  • Online Stores
  • Other Sales Channel

Region:

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

The report covers exhaustive analysis on:

  • How much is the Modified Soya Flour Market current 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 Modified Soya Flour Market sales?
  • How are market players reacting to the new developments in the market?
  • How much share does the top 5 companies hold?
  • Which are the major countries driving demand for Modified Soya Flour Market?
  • Who are the major players in Modified Soya Flour Market?
  • At what rate will the U.S. Modified Soya Flour Market grow?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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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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Banana Flour Market – Recent Industry Developments and Growth Strategies, Forecast To 2032

The global banana flour market is set to witness growth at a CAGR of 3.8% and top a valuation of USD 735.6 Mn by 2032.

The growing awareness of the health advantages of banana flour is propelling the worldwide banana flour business forward as it is high in fiber, gluten-free, minerals, and vitamins like vitamin E, zinc, manganese, magnesium, and potassium.

It helps to regulate blood sugar levels and also aids in the reduction of cholesterol, the improvement of heart health, and the stimulation of neuron and muscle activity.

Banana, being a climacteric fruit stores the majority of its carbs as starch. It is unique among fruits in that the majority of its starch is resistant. Resistant starch is prebiotic that boosts the number of good bacteria in the human intestines.

The human gut contains billions of germs from 300 to 500 different bacterial types. The majority of the gut flora is beneficial. These beneficial bacteria feed on the undigested fibers and starch that reach the gut.

As a result, the resistant starch ferments, creating optimal circumstances for a wide range of beneficial bacteria and increasing the bacterial populations. It also suppresses pathogenic bacteria 5 (infect the host human with infectious diseases) at the same time, acting as a boon for human health.

These features are attracting a growing number of health-conscious customers, therefore, shooting up the growth of the banana flour market across the globe.

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Key Takeaways from Market Study

  • The banana flour market is expected to expand at CAGRs of 1% and 2.8% in Latin America and the Middle East & Africa, respectively, through 2032.
  • Market share of Asia Pacific is 2% in 2022. Every year, a considerable amount of bananas are produced in the Asia Pacific region, particularly in India, resulting in the expansion of the banana flour business in the region.
  • The North American banana flour market is currently pegged at 50,883 Metric tons. Banana flour has seen a boom in demand in the region, as the product is widely utilized in the manufacture of infant food.
  • In Africa, banana flour is also seen as a less expensive alternative to wheat flour. It is a healthy alternative to ordinary flour since it promotes the growth of beneficial bacteria in the gut and considerably aids in weight loss, therefore, MEA stands at a market value of USD 275.4 Mn in 2022.

“Manufacturers of banana flours can step into product expansion in the dietary fibers market which is growing at a high rate due to rising health consciousness as the FDA recently classified resistant starch (RS) derived from green banana flour as a dietary fiber.”, says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of banana flours are not only expanding their gluten-free offerings portfolio but, the majority of them concentrate on successful marketing and promotional techniques. Furthermore, for a number of organizations in the banana flour industry, mergers, and acquisitions aimed at global expansion will remain a major strategy.

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Detailed Market Segmentation Of Banana Flour Market

Process:

  • Sun-dried
  • Freeze-dried
  • Spray-dried
  • Others

Region:

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

Application:

  • Beverages
  • Pet Food and Feed Industry
  • Household
  • Food Industry
  • Bakery & Snacks
  • Infant Foods
  • Filling and Dressings
  • Soups and Sauces
  • Others

Source:

  • Organic
  • Conventional

Sales Channel:

  • Direct Sales
  • Indirect Sales
    • Modern Trade
    • Convenience Store
    • Specialty Store
    • E-Retailers
    • Other retail formats

The report covers exhaustive analysis on:

  • How much is the banana flour 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 Banana flour sales?
  • How are market players reacting to the new developments in the market?
  • Which are the major regions driving demand for banana flour?
  • Who are the major players in Banana flour Market?
  • What outlook does MEA provide?
  • At what level does the report reflect pricing analysis?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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: 

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Infant Formula Market Prosperous Growth, Recent Trends, demand, Top Key Vendors -Forecast To 2026

The rising number of mothers participating in workforce across the globe has propelled the adoption of infant formula. In response to the increasing demand for organic baby food, sales of infant formula are set to rise at a robust pace of 10.60% CAGR between 2021 and 2026.

Sales of infant formula increased by 9.9% in 2021 owing to the rise in demand for baby food with clean label ingredients. Increasing penetration of e-commerce platforms have necessitated the rising demand of organic infant formula across the globe.

Key players in infant formula market are focusing on strategic collaboration with online pharmacies and retail stores. Their partnership is often aimed at catering the growing demand. Following the outbreak of COVID-19, while the world witnessed global shutdown, consumers turned to online shopping as safety measure.

Against this backdrop, partnerships with online store dealers is seen as a key market strategy to meet the rising demand, especially in developing regions. Based on aforementioned factors, the infant formula market value is estimated to reach US$ 38.8 Bn in 2021, opines Future Market Insights (FMI).

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Key Takeaways from FMI’s Infant Formula Market Study

  • Online stores are anticipated to be the primary distribution channel during the forecast period, followed by pharmacy stores
  • In terms of product type, starting milk formula segment is anticipated to account for over 50% of global market share
  • Special milk formulas and follow-on milk formulas are estimated to register growth with impressive double-digit CAGR over the next ten years
  • France and Germany are anticipated to register, collectively, robust growth backed by the presence of leading players during the forecast period
  • China is likely to dominate the global infant formula market backed by the rising demand for organic baby food in the country
  • The U.S. will lead the North America infant formula market during the forecast period owing to the rising number of mothers participating in the workforce
  • India will emerge as a lucrative market owing to rising cases of malnutrition children under the age of 5 in severe need of additional diet supplement

“Increasing demand for eco-friendly packaging and organic baby food will create a conducive environment for the manufacturing of infant formula, creating lucrative growth opportunities. Emergence of new Chinese group companies are currently challenging the industry giants through innovations and new product launches,” says the FMI analyst. 

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Competitive Landscape

Key players operating in infant formula market are focusing on strengthening their foothold in the industry due to increasing competition. Nearly 50-60% of the global market is dominated by Nestle, Danone, The Kraft Heinz Company, Abbott, and Friesland Campina.

However, the market scenario is expected to take a turn with innovations and new launches of infant baby formula by emerging group of Chinese manufacturers. Collaborations with current key players is the prime strategy of these Chinese manufacturers.

Current market players are increasing their research activities to develop new product launches with increased nutritional value to maintain their position in the industry.

For instance, in March 2021, Nestle introduced new range of bio-based lids and scoops made from sugar cane and its by product for a range of its nutrition products for infants and children. Along with this, its new Nestle Nutrition NAN infant formula packed in new eco-friendly packaging material was made available in the global market in January 2021.

In January 2021, Bobbie, the only mom founded and led infant formula company in the U.S. announced the launch of its first organic, European style infant formula that passed the approval of the U.S Food & Drugs Administration (FDA) requirements.

More Insights on the Global Infant Formula Market

By Product Type:

  • Starting Milk Formula
  • Follow-on Milk Formula
  • Toddlers Milk Formula
  • Special Milk Formula

By Distribution Channel:

  • Specialty Outlets
  • Supermarkets
  • Online Stores
  • Pharmacy Stores
  • Others

By Region:

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

The report covers exhaustive analysis on:

  • What is the current infant formula market value?
  • At what rate did the Infant formula market grow between 2016 and 2020?
  • What are the key trends driving infant formula sales?
  • Who are the leading players of infant formula?
  • What is the demand outlook for North America infant formula market?
  • What is the Europe market outlook for infant formula?
  • Which are the top countries driving the infant formula market demand?
  • What is the market share of leading players in infant formula market?
  • What is the current market share of Japan in the global infant formula market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Raising Agents Market -Latest Trends, Demand, Growth, Opportunities & Outlook Till 2032

The global raising agents market is set to witness growth at a CAGR of 3.1% and top a valuation of USD 43 Bn by 2032.

From past few years, the global bakery industry has been significantly growing and along with this application of raising agents in the bakery industry is also increasing. Yeast, baking soda and baking powder are the key types of raising agents that are significantly used in the baked products such as cakes, cookies, muffins, bread, etc.

Moreover, huge consumer base around the globe are having busy lifestyle due to which they don’t have much time for timely eating thus they are opting for convenience food products. Thus the demand for convenience food products is increasing which is expected to propel growth to the raising agents market.

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Key Takeaways from Market Study

  • The raising agents market is expected to be valued at USD 31 Bn in 2021 and it is expected to grow with CAGR of 3.1% in the forecasted period and reach market value of USD 43 Bn in year 2032.
  • Among the Product Type segment cream of tartar is expected to dominate the market holding nearly 60% of the overall market. Along with this baking soda segment is also expected to grow with CAGR of 3.2% over the forecasted period.
  • Among the application segment, the confectionary products is dominating the application segment and it is expected to grow with a CAGR of 3.9% and expected to hold significant market share in the market.
  • Among distribution channel segment, direct sales and wholesales is expected to dominate the market with market value of nearly USD 14.6 Bn.

“As the raising agent is effectively used in the confectionary products thus with increasing market for confectionary products the raising agents market will also propel growth” says a Future Market Insights analyst.

Competitive Landscape

Some of the key players involved in the raising agents market are Kraft Heinz, Guangxi Forise Yeast, Sunkeen, Lesaffre, AB Mauri, Lallemand, Angel Yeast, Solvay, Natural Soda, Berun and many others. These key are majorly focusing on research & development activities in order to enhance the quality and variety of their product offerings and also to develop innovative products.

Along with this the demand for clean label food products is also gaining traction. Understanding this growing popularity the key players in the raising agents market are investing high amount in the manufacturing of biological and natural food raising agents.

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Explore More Valuable Insights

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

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Product Type :

  • Baking Powder
  • Baking Soda
  • Cream of Tartar
  • Organic Agents
  • Others

Sales Channel :

  • Direct Sales & Wholesalers
  • Modern Grocery Retailers
  • Independent Grocery Retailer
  • Non-Store Retailers

Application :

  • Bakery Products
  • Confectionery Products
  • Biscuits and Crackers
  • Packaged Food Products
  • Fried Food Products
  • Other Food Products

The report covers exhaustive analysis on:

  • How much is the raising agents market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is the key trend boosting sales for raising agents?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for raising agents?
  • Who are the major players in the Raising agents Market?
  • What outlook does North America provide?
  • At what rate will the baking soda market grow?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Food Botanicals Market -Global Industry Overview by Size, Share, Scope, and Growth Factors up to 2032

The global Food Botanicals market is set to witness growth at a CAGR of 5.7% and stood at USD 510 million in 2021, while that of the entire food botanicals had a revenue of USD 1.4 billion and top a valuation of USD 2,243.6 Bn by 2032.

Food botanicals’ therapeutic properties, as well as consumer demand for functional foods, have propelled the market for food botanicals to new heights. However, a lack of dosing directions, potential toxicity hazards, and the adoption of contemporary treatments may stymie the market’s growth.

Nonetheless, the growing preference for organic goods, as well as technical improvements in the area, present significant growth prospects for the food botanicals market over the forecast period.

Within the global market for food botanicals, the appeal of food products created from plant materials has been at the forefront of growth. Furthermore, the demand for herbs and spices has been increasing at an exponential rate, contributing to the overall expansion of the global food botanicals market.

Botanicals are widely used in food and dietary supplements because they have a variety of qualities that aid in the improvement and maintenance of health. Botanicals are available in a variety of forms, including dried or fresh items, tablets, liquid, capsules, and powder.

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Key Takeaways from Market Study

  • The food botanicals market is expected to expand at CAGRs of 8% and 9.3% in Latin America and the Middle East & Africa, respectively, through 2032.
  • Market share of South Asia and Oceania is 18.3% and 9.6%, respectively, in 2022, as the plant-based protein is in great demand amongst vegetarians, and this factor is expected to create lucrative opportunities within the global market for food botanicals.
  • The numerous varieties of food botanicals available on the market, together with improvements in the global food sector, will drive the worldwide food botanicals market to record high revenues.
  • Among the source segment of the food botanicals market, the leading category is the plant, which represents 32.4% market share in 2022, and is anticipated to grow up to 35.8%, with a CAGR of 5.7%.

 “The availability of well-known botanicals as dietary supplements is driving market expansion globally. Food botanicals are also growing in popularity in Europe and North America as a result of increased research and development.” says a Future Market Insights analyst.

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Competitive Landscape

Manufacturers are focusing on the opportunity as the crucial driver driving the worldwide food botanicals market is the rising prevalence of chronic diseases such as diabetes, cardiovascular disease, and arthritis, as well as the long-term use of modern pharmaceuticals, which leads to additional negative effects.

In addition, the growing use of botanicals in the cosmetics industry, particularly in hair and skincare products, is expected to propel the sales of the global food botanicals market benefitting the manufacturers.

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

Market Taxonomy: Food Botanicals Market

The report offers a detailed analysis of all the market segments in the report, along with a detailed description of all the stages through which food botanicals pass before reaching end-users. These stages include raw material suppliers, manufacturers, and end-users. The report also comprises key metrics such as year-on-year growth, revenue, market size, absolute dollar opportunity, CAGR, basis point share, and other key numbers.

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Source :

  • Plants
  • Algae
  • Fungi or Lichens

Form :

  • Dried Plants and Leaves
  • Oelioresins
  • Essential Oils
  • Other Form

Application :

  • Beverages
  • Confectionery
  • Supplements
  • Flavor Enhancers
  • Other Applications

End Users :

  • Commercial
  • Residential

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Lactose Free Dairy Products Market To Depict Appreciable Growth Prospects By 2032| Future Market Insights, Inc.

The global lactose free dairy products market is set to witness growth at a CAGR of 5.5% and is anticipated to reach a valuation of around USD 23.1 Bn by 2032.

Lactose intolerance is a common and debilitating illness that affects an estimated 75% of people worldwide. As a result, consumers avoid dairy products since lactose is difficult for them to digest. Lactose intolerance currently affects over 40 million Americans, or around one-third of the population, in varying degrees of severity. It is particularly common in people of East Asia, affecting more than 90% of adults in some of these populations. As a result, lactose-free dairy products have a large growth opportunity in the global market.

Various studies have shown, however, that a lactose-intolerant consumer can readily ingest a small amount of dairy products because lactose levels are relatively low in them. Nonetheless, the introduction of lactose-free dairy products to the market gave lactose-intolerant consumers the ability to consume dairy-based food items in the desired quantity.

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Key Takeaways from Market Study

  • The market is segmented based on product type, wherein lactose free milk is anticipated to account for a major chunk of the market share over the forecast period
  • The North American lactose free dairy products market is expected to witness a lucrative growth rate of 5.8% during the forecast period.
  • Lactose free dairy products which are organic is expected to hold a market share of over 40% in the forecast period
  • Lactose free dairy products is also segmented based on form, wherein the liquid form is expected to account for a sizeable portion of the market share over the forecast period

 “Lactose free dairy product faces stiff competition from other plant-based food products, which has slowed down the growth potential of the market,” says a Future Market Insights analyst.

Competitive Landscape

Leading lactose free dairy products makers are preferring to create new products to provide customers with a wide range of options, while the less adopting tactics included expanding into new regions and raising knowledge about lactose-free dairy products:

  • In 2020, Valio, a Finnish dairy and food firm, and Palmer Holland collaborated to distribute lactose-free milk powders. This was a critical step in bringing new value-added dairy components to the US market for both parties
  • Danone launched a lactose-free food line in Spain, named Activia, with a few varieties to capitalize on the country’s lactose-free population

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Explore More Valuable Insights

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

The study offers compelling insights based on product type (milk, condensed milk, milk powder, yogurt, ice cream, cheese and other products), form (liquid, semi-solid and powder), nature (organic and conventional), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.

The report covers exhaustive analysis on:

  • How much is the lactose free dairy products market worth by 2022?
  • What is the anticipated worth of the lactose free dairy products market by 2032 end?
  • What is the lactose free dairy products market outlook?
  • Which region is expected to drive the demand for lactose free dairy products market?
  • Who are the key players operating in the market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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Crotonic Acid Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2031

According to the latest research study published by Future Market Insights, Crotonic Acid Market is projected to witness stable growth during the forecast period 2021-2031. Demand for the acid will witness steady recovery in short-term, with optimistic growth outlook in the long-run.

Although demand from Paints & Coatings sector suffered to some extent in the near term, however a quick sales recovery is likely in the industrial sector, particularly from coatings application.

What is Driving Demand for Crotonic Acid?

On the basis of application, the Paints & Coatings sector dominated demand share across regional markets. This is because crotonic acid is used to formulate Paints & Coatings, because of its ability to create copolymers when combined with other chemical compounds.

The acid monomer, when copolymerized with the other compound helps in the formation of specialty thickeners that are used in the production of glossy emulsion paints. These paints provide glowing effect that is useful in health & safety applications and also provide protective coating to the substrate. Thus, the growing sales of emulsion paints continues to drive the market.

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The use of acid-based binders to bind pigments as well as form a coating sheet is increasing in the industry. The rising demand of paints and coatings from the construction, automotive, and packaging industries will boost the demand of this market.

Adhesive Resins to Augment Sales of Crotonic Acid

Adhesive resins segment has a prominent share in terms of application and is projected to grow at the fastest pace in the forecast period. Crotonic acid is used in the manufacture of copolymer dispersions for adhesive resins to improve their adhesion properties.

The increasing demand for acid-based adhesive formulations in the textile, packaging, automobile, as well as in electronics industries has boosted market growth in this sector. Manufacturers are striving to serve the ever increasing need of such industries to source application specific products to suit their exact needs, so as to produce specialty adhesive products.

U.S. and Canada Market Outlook

U.S. is one of the most important markets for Crotonic Acid market, accounting for a sizeable share of the global sales. The presence of key market participants in U.S. ensures a steady domestic supply for the end use industries and close cooperation between the key players and their customers.

Demand for decorative as well as protective coatings in the U.S. has been increasingly consistently over the past many years. Increasing demand from the building & construction, automotive, aviation and oil & gas industries for protective coatings is projected to augment the market for crotonic acid in the U.S.

Sales in the U.S however may be impacted by regulations pertaining to the hazardous Properties of this acid.

Europe Demand Outlook for Crotonic Acids

Many countries in EU have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. However, as commercial spaces are growing in the country, demand for paints & coatings from the building & construction sector is increasing.

After prolonged spells of economic slowdown owing to the pandemic restrictions, many of the countries are gradually opening up their industrial and commercial sectors again, which is projected to stimulate demand recovery.

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Despite the COVID-19 challenges, demand from European countries has played an important role in shaping the market. Manufacturers in the European acid industry are investing heavily in development new product and research in order to maintain quality and compete in the post-COVID economy. In a fragmented and competitive market, industry players are entering long-term contracts with suppliers to provide a cost advantage.

Who are the Key Manufacturers and Suppliers of Crotonic Acids?

Some of the leading manufacturers and suppliers include

  • Tianjin Jinhui Pharmaceutical Group Co. Ltd.
  • Kono chem co. Ltd.
  • WeylChem International GmbH
  • Zhengzhou Tuozhixiang Trading Co. Ltd.
  • EUCLID
  • Central Drug House (P) Ltd.
  • Henan Tianfu Chemical Co. Ltd.
  • ALB Technology Limited
  • Penta Manufacturing Company
  • Spectrum Chemical Manufacturing Corporation.

Most of the key manufacturers are focusing on innovative product developments, and catering to various end-use requirements as per the specific need & choice of formulations required by their applications. A key trend in the paints and coatings sector pertains to the shift towards less toxic and more sustainable materials, and manufacturers of crotonic acid can focus on these aspects to tap new opportunities.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.Key Segments of Crotonic Acid Market

By Application:

  • Adhesive resins
  • Coatings
  • Plasticizers
  • Fungicides
  • intermediates

By End-use Sector:

  • Chemical
  • Pharmaceutical
  • Paints & Coatings
  • Automobile
  • Packaging
  • Textile
  • Electronics

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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Liquid Smoke Market 2022 Is Rapidly Growing with Huge Application Scope & Opportunities By 2032

Future Market Insights presents useful insights and a revised forecast of the global liquid smoke market in its published report titled “Liquid Smoke Market: Global Industry Analysis and Opportunity Assessment 2022-2032.” In terms of revenue, the global liquid smoke market is estimated to exhibit a CAGR of 8% over the forecast period, owing to numerous factors, about which Future Market Insights offers thorough insights and forecasts in this report. The liquid smoke market is valued at nearly US$ 70 million in 2021. During 2022-2032 and reach US$ 151 million in revenues.

Global Liquid Smoke Market: Segmentation and Forecast

The market is segmented based on application, distribution channel, and region. Based on application the segmentation includes, meat and seafood, sauces, pet food and treats, dairy, and others. Amongst all the applications, meat and seafood segment is expected to account for the highest market share, followed by sauces segment over the forecast period. The meat and seafood segment is expected to register a significant CAGR of 7.4% during the forecast period in terms of value. The sauces segment is projected to register highest CAGR of 9.6% over the forecast period in terms of value.

Rising purchasing power in certain countries in regions such as North America, Western Europe, and Eastern Europe, is driving spending on processed food such as smoked products. This in turn is expected to increase uptake of liquid smoke products required in processing food products.  A rise in the trend of pet humanization, wherein pet owners treat their pets like family members, is driving spending on premium pet care and pet food products. This trend, especially prevalent in North America and Europe is expected to boost demand for premium pet food. This, in turn, is anticipated to boost the growth of the pet food and treats segment in the global liquid smoke market.

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Global Liquid Smoke Market: Regional Forecast

This report assesses the trends driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to liquid smoke manufacturers looking to enter the market. In this report, the global liquid smoke market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East & Africa (MEA). This report assesses trends driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to liquid smoke manufacturers looking to enter the market. North American market has been estimated to dominate the liquid smoke market, accounting for a maximum revenue share of the market by 2017 end. Among the emerging markets, APEJ is estimated to exhibit the highest CAGR of 9.1% over the forecast period.

Latin America’s liquid smoke market was estimated to be valued at nearly US$ 11 Mn in 2017 and is slated to reach a valuation of nearly US$ 25 Mn in 2027, exhibiting a CAGR of 8.7% during the period of assessment. The Japan liquid smoke market was estimated to be valued at nearly US$ 7 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 14 Mn in 2027, exhibiting a CAGR of 7.5% during the period of forecast.

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Global Liquid Smoke Market: Competitive Landscape

Some of the key players in the global liquid smoke market include Red Arrow International LLC, Baumer Foods, Inc., Azelis SA, B&G Foods, Inc., Ruitenberg Ingredients BV, Kerry Group PLC, MSK Ingredients Ltd., Redbrook Ingredient Services Ltd., Besmoke Ltd. Frutarom Savory Solutions GmbH, and others. In this report, Future Market Insights has discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, product offerings, mergers, and acquisitions. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share collectively.

By Application:

  • Meat and seafood
  • Sauces
  • Pet Food and Treats
  • Dairy
  • Others (Snacks, Bakery & Confectionary)

By Sales Channel:

  • Hypermarket/supermarket
  • Convenience Store
  • Discount Stores
  • Food & Drink Specialty Store
  • Others

By Region:

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

The report covers exhaustive analysis on:

  • What is the liquid smoke market size?
  • Which are the largest markets for liquid smoke?
  • How big is the Germany liquid smoke market?
  • What is the outlook on liquid smoke flavored meat?
  • Which are the key liquid smoke market companies?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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: 

Future Market Insights Inc.

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Cyclic Ketones Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2031

According to latest research conducted by Future Market Insights, the global market of ketones is anticipated to grow with a CAGR of 4.5% to 6% during the coming assessment period of 2021-2031. The demand for the cyclic ketones are expected to remain in a higher state for the production of nylon. Further the demand for solvent and precursor to polymers will increase the consumption rate of this category of ketone.

What is Driving Demand for Cyclic Ketones?

As most of the ketones are cyclic in nature, the larger derivatives like cyclohexanone and cyclopentanone have significant applications in various chemical industries. With the growing demand in the textile industry for the most common polymer usage such as, fibers i.e. Nylon used for sports apparel and gym equipment.

The demand of cyclohexanone is also expected to increase as the functional group where it acts as an intermediate and is consumed for the production of precursors like caprolactam and Adipic acid. Growing demand of cyclohexanone primarily as a chemical intermediate and as a solvent for various lacquers like paints, and resins is expected to be observed in the coming years.

The compound cyclopentanone is a key driver for the market of cyclic ketones as it has a number of applications in the synthesis of several chemical compounds in pharmaceutical industries and its use as an aroma chemical in perfumes & aroma industry.

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Over the projected period, growth in other end-use industries such as, rubber products, insecticides, and increasing use in pharmaceuticals is expected to fuel the cyclopentanone, which in turn will benefit the market of cyclic ketones.

Adoption of Sustainable Energy Goals to Boost Demand for Cyclic Ketones

Due to the high use of depleting non-renewable sources of energy like Petrol, diesel, etc., and the resulting pollution concerns, various international industry associations as well as government regulators have begun drawing up time bound goals for adoption of sustainable and bio-based energy sources.

Key players in the energy sector are now focusing on developing new fuels that are ideal energy sources for combustion engines, which will also results in higher engine performance and lower GHG emissions.

As cyclic ketones are one of the bio-derived fuels that have high resistance to auto-ignition which further can improve engine performance and reduces unhealthy emissions which could be the potential alternatives to petroleum based fuels in future.

The growing demand for use of renewable sources of energy or use of clean energy in the various developing and developed economies all around the world can benefit the sales of the cyclic ketones in the coming years due to its desirable combustion characteristics to become a source of sustainable energy in future.

US and Canada Cyclic Ketones Market Outlook

The region of US and Canada is estimated to be one of the major markets for cyclic ketones owing to the growing demand of specialty polymers such as nylon etc., as well as other technical textiles in the region. Growing demand for the intermediates such as cyclohexanone for the production of Adipic acid, which is further used in the manufacturing of textile products in US and Canada are in turn boosting the growth of the ketones market.

US is estimated to witness a substantial growth in this business due to the presence of significant number of key manufacturers including multiple textile yarn manufacturers along with strong presence of end use industries.

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Asia Pacific Demand Outlook for Cyclic Ketones

Owing to the substantial growth in the chemical and textile industries and the strong demand of cyclopentanone in the countries of Asia Pacific for application in fragrance/aroma products, demand is projected to surge in the region during the forecast period.

Due to the ongoing covid-19 crisis, pharmaceutical industries are estimated to exhibit rapid growth which in turn can boost the demand of cyclic ketones during the forecast period as these ketones are primarily used in deriving pharmaceutical formulations.

Who are the Key Manufacturers and Suppliers of Cyclic Ketones?

Some of the leading manufacturers and suppliers include:

  • BASF SE
  • Gujarat State Fertilizers and Chemicals Ltd
  • Alfa Aesar
  • Asahi Kasei Corporation
  • Sigma-Aldrich
  • Zeon Chemicals
  • Zhejiang NHU Co., Ltd
  • Xinyi Dongsheng Chemical Co., Ltd
  • Shandong Guorun Chemical Co., Ltd
  • Company eight
  • Pearlk Chemical Materials (Qidong) Co., Ltd
  • Zhonggung Group
  • Liaoning Jiazhi Chemicals
  • Caffaro
  • WanXiang International
  • Haihang Group
  • Organic Kawaguchi Co., Ltd.

Market players are allocating a fair share of their revenue into research and development in order to produce these products in a more sustainable manner and are mostly focusing on strategic acquisitions for a high penetration in the market, in terms of geographic expansion as well as product line expansion.

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.

Key Segments of Cyclic Ketones Market

By Application:

  • Pharmaceuticals
  • Biological
  • Caprolactam
  • Adipic Acid
  • Solvents (Paints and dyes, agriculture)
  • Polycarbonates
  • Perfumes and aromas
  • Rubber chemicals
  • Insecticides
  • Others (Including electronic solvents, oil extraction)

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.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/cyclic-ketones-market
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Mango Puree Market Growth Drivers, Regional Outlook, Competitive Strategies Till 2027

Future Market Insights has come up with a new research report on the global mango puree market titled ‘Mango Puree Market: Global Industry Analysis (2012 – 2026) and Opportunity Assessment (2017 – 2027)’. According to the research report, the market is expected to hold a market value of over US$ 1,000 Mn in 2017, reaching a value of over US$ 2,100 Mn in 2027. The market is anticipated to grow at a CAGR of 7.3% during the forecast period.

Mango puree is a pressed and blended soft creamy paste or thick liquid, which is obtained in mango pulp format. Mango puree has an accepted brix range from 14.0 – 18.0. Aseptic mango purees with a natural brix of up to 28 degrees have been produced and used for making dairy products (yoghurts, etc.), ice cream, and biscuit making (chocolate & cereal bars, etc.). There are two types of mango purees available i.e. organic and conventional mango puree. Organic mango puree is free from synthetic additives such as pesticides, chemical fertilizers, and dyes. Whereas, conventional mango puree product is processed with other additives or mixed with other suitable mixtures to form a product prepared under good manufacturing practices.

Global Mango Puree Market: Dynamics

The global mango puree market is experiencing an exceptional growth as the overall consumption of mangoes has increased. As the flavour is liked by a large number of people all over the world, it is used in the production of many products from different industries such as infant food, ice-cream and yoghurt, bakery snacks etc. However the market is still facing some restraints due to lack of production, strict import policies especially in the U.S., which depends completely on imports for mangoes. The market may also face a backlash from a sudden wave of health consciousness among people.

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Global Mango Puree Market: Segmental Highlights

This research bifurcates the global mango puree market into different segments that helps in easy understanding and analysis of the complete market. The segmentation is done on the basis of source, end use and region.

Here are some key highlights of the segmental analysis:

  • On the basis of source, the analysis shows that conventional form of mango puree is leading the segment with a market value of over US$ 1,000 Mn in 2017. However organic form is expected to grow at a higher rate with a CAGR of 7.9%, as compared to the CAGR of the conventional form at 7.2% during the forecast period of 2017-2027.
  • The analysis of end use shows that the beverages segment is expected to dominate the market with a market value of over US$ 570 Mn in 2017, growing at a CAGR of 7.2%.
  • The regional analysis of the global mango puree market shows that APEJ region is expected to lead the market with a market value of over US$ 300 Mn in 2017. The second place is taken by MEA with an estimated market share of over US$ 280 Mn in 2017.

Global Mango Puree Market: Competitive Landscape

The report consists of a section dedicated to the competitive scenario of the global mango puree market. It profiles the major players leading the global mango puree market. Some of the top companies included in the report are Symrise AG, Döhler GmbH, Kiril Mischeff, Riviana Foods Pty Ltd, Nestlé S.A., The Hain Celestial Group, Inc, Newberry International Produce Limited etc.

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Segmentation of the global mango puree market

By Source

  • Organic Mango Puree
  • Conventional Mango Puree

By End Use

  • Infant Food
  • Beverage
  • Bakery and Snacks
  • Ice Cream and Yoghurt
  • Dressings and Sauces

By Region

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

Frequently Asked Questions

  • What is the size of mango puree market?
  • Which are the leading companies in mango puree market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant-based market blog!

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: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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