Beetroot Powder Market Segmentation, Regional Dynamics, Business Opportunities & Forecast 2027

“Beetroot Powder Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017–2027)” is 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%.

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

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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.

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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.

By Type

  • Organic
  • Conventional

By End User

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

The report covers exhaustive analysis on:

  • What is the size of beetroot powder market?
  • Which are the leading companies in beetroot powder market?
  • Which countries are contributing significantly to the growth of the beetroot powder market?
  • At what level does the report reflect pricing analysis?

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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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Malt Ingredient Market Recent Innovations, Overview, Regional Segmentation -Forecast Till 2032

 The malt ingredients market is estimated to be valued at USD 24.2 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 39.4 Bn by 2032, rising at a CAGR of 5% for 2022-32.

The malt ingredients market is being driven by rising demand in the global food and beverage industry. In the coming years, increased demand for dairy products and beer is expected to drive demand for malt ingredients.

The primary factor driving the market’s expansion is the rising consumption of beer and other alcoholic beverages around the world. With the growing popularity of parties and other social gatherings, the number of social drinkers has increased, which acts as a growth factor.

Furthermore, these ingredients are in high demand in the food and beverage industry, where ingredients like barley are widely used in the manufacture of blended flour and bakery products like biscuits and cakes. Furthermore, these ingredients are widely used in the dairy industry for a variety of applications, including milk flavoring. Product innovations such as the introduction of dark malt are also driving market growth, as is rising consumer disposable income.

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Key Takeaways from Market Study

  • The malt ingredient market in the United States is expected to grow at an 8.8% CAGR between 2022 and 2032.
  • Thousands of tonnes of barley malt are used to make distilled spirits in India, the world’s largest whiskey market. India intends to import one million tonnes of barley to meet rising demand and lower alcohol prices in the country.
  • During the forecasted period 2022-2032, the malt ingredient market in Brazil is expected to grow at a CAGR of 7%.
  • Australian malt barley is expected to fully compensate for the supply shortfall to domestic breweries caused by low domestic production.
  • China is the largest producer of malt extracts and dry malts due to its high production capacity, driving regional demand in the Asia Pacific market.

“Rising global consumption of beer and other alcoholic beverages is a major factor driving the market’s expansion. With the growing popularity of parties and other social gatherings, the number of social drinkers has increased, which acts as a growth factor,” says a Future Market Insights analyst.

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Competitive Landscape

Malt Ingredients Market participants use a variety of strategies, including product launches, mergers and acquisitions, joint ventures, and geographical expansion. The market is relatively small in size, which contributes to its dynamic and competitive nature.

  • In February 2020, Leopold Bros, a company based in the United States, partnered with BSG to sell a handmade malt product line in small batches, in an effort to enter the popular hand-crafted beer and craft brewing market.

Key players in this market include GrainCorp, Malteurop, Rahr Corporation, Boortmalt, Groupe Soufflet, Maltproducts, Holland Malt, Maltexco, Barmalt, IREKS, Muntons PLC, Simpsons, Viking Malt, Agraria, Puremalt, Cerex, EDME Ltd., Imperial Malt, Diastatische Producten, and Laihian Mallas.

Explore More Valuable Insights

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

By Raw Material :

  • Barley
  • Wheat
  • Rye
  • Maize
  • Rice
  • Oat

By Product Type :

  • Malt Extract
    • Dry Malt Extract
    • Liquid Malt Extract
  • Malt Flour
  • Other Product Types

By Grade :

  • Specialty Malt
    • Caramelized Malt
    • Roasted Malt
  • Standard Malt

By End-Use Industry :

  • Food & Beverages Industry
    • Food
      • Bakery Products
      • Confectionaries
      • Dairy & Frozen Food
      • Pet Food
    • Beverages
      • Brewing
      • Distilling
      • Health Drinks
      • Other Non-alcoholic Beverages
  • Pharmaceutical Industry
  • Personal Care Industry

Region :

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

The report covers exhaustive analysis on:

  • How much was the malt ingredient market worth in the year 2021?
  • What is the future growth rate of the malt ingredient market?
  • How much is the expected worth of the global malt ingredients market over the forecast period?
  • Who are the dominant manufacturers in the global malt ingredients market?
  • Which countries are contributing significantly to the growth of the malt ingredients market?
  • 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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Mezcal Market: Key Segments, Regional Outlook, Top Companies, Forecast To 2031

The rising demand for craft beer is key growth enabler of mezcal market. Future Market Insights (FMI) in a new study has forecast the market to exhibit above 12% Y-o-Y growth after contracting due to unprecedented COVID-19 outbreak in 2020. Consumer inclination towards alcoholic beverages derived from natural sources is a key game changer. Their evolving behavior pattern has stirred interest in mezcal and has made them especially receptive to the lesser-known categories such as raicilla with the unusual agave varieties.

Driven by consumer interest in craft beers, distillers are experimenting with various agave varieties for mezcal production with a healthy twist to satiate their evolving preference. According to FMI, the demand in 100% tequila category will rise exponentially. Following the age of craft beer, there is visible shift towards trying mezcal, especially in the West, which has been key to growth registered in the 100% tequila segment.

It has been noted trend popularized across social media platforms have a profound influence in determining consumer behavior pattern. While online exposure has increased frequency to bars, pubs, and lounges, focus on health is yet another growth driver. The absence of gluten has been increasing their preference for drinks that include mezcal.

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Key Takeaways from the Mezcal Market Study

  • Outlook for mezcal market remains strong for the upcoming decade as it is forecast to rise at nearly 13.5% CAGR between 2021 and 2031
  • Backed by soaring popularity of mezcal, the U.S. is expected to account for over 90% of mezcal sold in North America in 2021
  • Mexico will remain a key producer of mezcal, exhibiting over 10% Y-o-Y growth in 2021
  • U.K. will remain a bright spot, exhibiting above 14% Y-o-Y growth in 2021
  • Outlook for Brazil in Latin America and China in Asia Pacific excluding Japan will remain strong

“Mezcal market is populated by small producers. With competition soaring across most lucrative pockets, players are likely to focus on research and development. For instance, some of them are leveraging high pressure process (HPP) to extend the shelf life of mezcal,” said a lead analyst at FMI.

Who is winning?

A few of the leading players operating in the Mezcal market are Bacardi Limited., Familia Camarena Tequila, Craft Distiller, Destileria Tlacolula, Diageo Plc., Don Julio, S.A.de., EI Silencio Holdings INC, Fidencio Mezcal, Ilegal Mezcal, Sombra Mezcal, William Grant & Sons Ltd, Sauza Tequila Import Company, Rey Campero., Brown-Forman Corporation (Grupo Industrial Herradura, S.A. de C.V.)., Del Maguey Co., Pensador Mezcal, Pierde Almas.and other players.

Several leading manufacturers of mezcal are focusing on partnering with prominent players in the market to increase its business footprints and to increase their production capacity. Leading players of mezcal are investing in research and development to produce organic, non-GMO ingredients for mezcal.

For instance, Diageo acquired Pierde Almas, which is a premium brand, in 2018 and extended launched a mezcal to extent its Casamigos Tequila line.

Similarly, Campari Group acquired a controlling stake in Montelobos mezcal and Ancho Reyes liqueur for a deal of whopping US$ 35.7 million in 2019.

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Key Segments

Product Type

  • Mezcal Joven
  • Mezcal Reposado
  • Mezcal Anejo

Concentrate

  • 100% Tequila
  • Mix Tequila

Sales Channel

  • HORECA
  • Speciality Stores
  • Modern Trade
  • Online Retailers
  • Other Sales Channels

Region

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

The report covers exhaustive analysis on:

  • Which is the most lucrative market for mezcal?
  • Which is the top-selling type of mezcal?
  • Which are some of the leading companies offering mezcal?
  • Which sales channel accounts is driving sales of mezcal?

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

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Hydrolysed Vegetable Protein Market – Latest Trends, Demand, Growth, Opportunities & Outlook Till 2031

Consumers have become increasingly conscious about the environmental damages, which is attributable for the trend of shifting to a vegan protein diet which is more sustainable. Future Market Insights (FMI) in a new study sees this as one of the key factors enabling growth in the hydrolysed vegetable protein market, which is expected to surpass US$ 1.17 Bn by 2021. Hydrolysed vegetable protein has various health benefits which include improving digestion, lowering the rate of heart disease and enhancing the immune system. Such properties of hydrolysed vegetable protein products have been helping them gain traction among consumers who are willing to spend more products such as hydrolysed pea protein foods.

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In the last five years, consumers’ preferences have been shifting towards vegetable protein. This also is considered an outcome of them becoming more conscious about their health which has led to rise in the demand for nutritional food products. Coupled with rising health awareness, some of the leading companies have been promoting hydrolysed vegetable protein products’ benefits towards controlling and preventing diseases commonly associated with obesity and cholesterol. Consequently, hydrolysed protein derived from soy, wheat, pea, rice, flax, and other vegetarian sources have been registering sales uptick. Of these, the demand for soy protein is significantly high. FMI has forecast it to account for over 39% of the total market in 2021.

Key Takeaways from the hydrolysed vegetable protein Market Study

  • Hydrolysed vegetable protein market will showcase growth at a positive pace through 2031. It has been forecast to exhibit 5.3% Y-o-Y growth in 2021
  • In North America, the U.S. has emerged dominant, accounting for 80.8% share in 2021
  • UK will remain a key market, exhibiting 4.1% Y-o-Y growth in 2021
  • Germany and France to remain lucrative markets for hydrolysed vegetable protein in Europe
  • Healthy growth expected in Japan and South Korea, while dominance in East Asia is likely to remain with China

“Companies operating in the hydrolysed vegetable protein market has been keenly focusing on product development and differentiation to carve a niche amid their respective competitive industries and this will favor overall expansion of the market in the coming years,” said a lead analyst at FMI.

Product Development by Market Players to Spur Growth Opportunities

An increasing number of consumers across the world have been showing inclination towards vegan protein. This has been encouraging companies to invest in new product development based on hydrolysed vegetable protein. The rising demand for sustainable solutions has been paving way for innovation. Besides this, preference towards products with higher shelf-life has emerged as chief driver of innovations within the market. Resultantly, a slew of product launches has been recorded in the last few years, which are expected to aid the overall expansion.

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For instance, in 2019, DuPont launched six new hydrolysed vegetable protein nuggets from its SUPRO and TRUPRO product range. These new products offer more protein and less sodium and are is suitable for the manufacturers of snacks, serials, nutrition bar and others. These hydrolysed vegetable protein products include SUPRO soy protein nuggets with cocoa range and TUPRO pea protein nuggets.

Who is winning?

A few of the leading players operating in the Hydrolysed vegetable protein market are Glanbia Plc., Cargill Inc., Kerry Group PLC, DuPont de Nemours, Inc., Tate & Lyle Plc., Fuji Oil Holdings, Inc., The Scoular Company, Wilmar International Limited, AMCO Proteins, Roquette Frères, Puris Proteins LLC, Burcon NutraScience Corporation, Axiom Foods, Inc., Ajinomoto Co., Inc., and others.

The hydrolysed vegetable protein based products market has witnessed rapid growth in the past few years. Surge in the demand for plant-based products has resulted in fierce competition among manufacturers, suppliers, retailers, and food brands. Due to increasing competition, players in the hydrolysed vegetable protein market are compelled to invest, innovate, and introduce new products.

This has resulted in the expansion of hydrolysed vegetable protein portfolio by some of the renowned market players. For instance, Kerry Company’s strategy is to target regions such as Asia, EMEA, and Latin America, for growth via expanding its production footprint and business development with key regional and local players.

Get Valuable Insights into hydrolysed vegetable protein market 

Product Type

  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Rice Protein
  • Chia Protein
  • Flax Protein
  • Corn protein

Form

  • Chunks
  • Slice
  • Flakes
  • Granules

End Users

  • Household
  • Commercial
  • Industry
    • Food Industry
      • Snacks & Functional Bars
      • Ready Meals
      • Sports Nutrition
      • Clinical Nutrition
      • Baby Food
      • Meat Analogues/Meat Extenders
      • Other
  • Animal Feed

Distribution Channel

  • Direct
  • Indirect
    • Hypermarket
    • Convenience Stores
    • Traditional Store
    • Online Retails

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa (MEA)
  • Oceania

The report covers exhaustive analysis on:

  • Which is the most lucrative market for hydrolysed vegetable protein?
  • Which is the top-selling type of hydrolysed vegetable protein?
  • Which end-user exhibits high demand for hydrolysed vegetable protein?
  • Which form of hydrolyzed vegetable protein is holding maximum value?
  • Which are some of the leading companies offering hydrolysed vegetable protein?

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

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Chickpea Flour Market Report Along with Scope, Key Players and Future Growth Analysis by 2032

As per the report by Future Market Insights (FMI), the global chickpea flour market generated sales of nearly USD 4.15 billion in 2022. Chickpea Flour is made by grinding whole dry chickpeas. Being a good source of fiber and protein, and cholesterol free, the demand for chickpea flour is increasing. Chickpea flour also helps to fight various health problems such as obesity, heart disease, diabetes, and cancer, hence the consumption of chickpea flour is increasing. Although chickpea flour is used across the globe, it is especially used in Indian cuisines.

Apart from providing health benefits, chickpea flour also has a subtle flavour which makes it perfect for desserts as well as savory dishes. Moreover, producers of the chickpea flour are also investing in the development of new products in order to serve the large customer base. Chickpea flour is also widely used in producing baked food products, hence the demand for chickpea flour is high among the companies producing backed products.

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Key Highlights on the Global Market for Chickpea Flour

The global market for chickpea flour is segmented on the basis of distribution channel, product type, application, and region. By distribution channel, the market is further segmented into Departmental Store, Convenience Store, Online Store, Modern Trade, Food Chain Services, and Other Distribution Channels. Food chain services are likely to emerge as the largest distribution channel for chickpea flour. By 2026 end, food chain services as a distributor of chickpea flour is estimated to bring in nearly US$ 1,600 million revenue.

Based on the product type, market segmentation includes kabuli and desi chickpea flour. Among these two products, desi chickpea flour is expected to witness significant growth as compared to the kabuli chickpea flour. Desi chickpea flour is estimated to exceed US$ 3,200 million revenue by the end of 2026.

By application, the segments include dairy products, beverages, bakery and confectionery, animal feed, extruded products, and other applications. Among these, chickpea flour is estimated to find the largest application in bakery and confectionery. Towards the end of the forecast period, bakery and confectionery is projected to generate revenue exceeding US$ 2,400 million revenue.

Based on the region, Asia Pacific Excluding Japan (APEJ) is expected to register the highest growth in terms of value throughout the forecast period 2017-2026. APEJ is estimated to exceed US$ 2,400 million revenue by the end of 2026. Chickpea flour is used on a large basis in Indian cuisines, especially in sweet desserts, snacks and various other dishes. Also, high cultivation of chickpea in the region is contributing to the growth of the chickpea flour market. Meanwhile, North America followed by Europe are also anticipated to witness substantial growth in the coming years. Changing eating habits and rising health consciousness among people is driving the market growth in the region.

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Competitive Landscape

Parakh Agro Industries Ltd, Bean Growers Australia, CanMar Grain Products, Best Cooking Pulses, Blue Ribbon, Great Western Grain, Diefenbaker Spice & Pulse, Batory Foods, Anchor Ingredients, The Scoular Company, EHL Limited, SunOpta, ADM, Ingredion, and The Scoular Company, are some of the leading companies in the global market for chickpea flour.

The report covers exhaustive analysis on:

  • How much is the chickpea 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 Chickpea flour sales?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for chickpea flour?
  • Who are the major players in Chickpea flour Market?
  • What outlook does APEJ provide?
  • At what rate will the U.S. chickpea flour market grow?
  • 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: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

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Glycerol Monostearate Market by Global Demand, Trends, Applications, Sales, Industry Size and Forecast to 2031

Glycerol Monostearate is a glycerol ester of stearic acid. In the production of glycerol monostearate, glycerin is reacted with various fatty acids to give corresponding mono/di or tri ester then esters. Glycerol Monostearate is generally white, odorless, and sweet-tasting flaky powder which is hygroscopic in nature. Glycerol Monostearate is also known as GMS and monostearin.

Glycerol Monostearate is a food additive and used in packaged food as a thickening agent, emulsifying agent for oils, waxes, and solvents, hygroscopic agents for protective coatings, a solidifier and control release agent in pharmaceuticals, and a preservative agent.Glycerol monostearate is also used in cosmetics and hair-care products.

Also, glycerol monostearate is responsible to give ice cream and whipped cream their smooth texture Glycerol Monostearate is largely used in baking preparations to add “body” to food.Glycerol Monostearate present in food as a food additive is synthesized by glycerolysis reaction between triglycerides (from either vegetable or animal fats) and glycerol.

Glycerol Monostearate Market: Dynamics

Glycerol monostearate depends upon its end-use application like food and beverages, cosmetics, and personal care, oilfield care, pharmaceutical, agrochemicals, paints and polymers and others.The demand for Glycerol Monostearate is majorly driven by the food industry as it account for the prominent share in the glycerol monostearate market.

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The growth is attributed to increase in demand for packaged food products like dairy& meat products, bakery, convenience food, and others. The market of glycerol monostearate in food & beverage applications is anticipated to witness significant growth indeveloping economies on the back of the continuous increase in demand for processed food in countries.

Glycerol Monostearate is also used inthe manufacturing of various cosmetics and personal care items such as cream, shampoo, personal hygiene products, lotions, makeup components. With improving quality of life the beauty and personal care are becoming one of the essentials, personal care on self-esteem and social interaction, gradual shift of consumers towards luxury cosmetic brands are few factors to propel the market growth of glycerol monostearate in personal care and cosmetic segment during the forecast period.

Due to the ongoing pandemic, many pharmaceuticals companies are investing in research and development which is anticipated to benefit the glycerol monostearatemarket in the foreseeable future.

Increasing regulatory standards especially in the developed regions is anticipated to limit the growth of glycerol monostearate in food and beverage and pharmaceuticals application.

Glycerol Monostearate Market: COVID-19 Impact Assessment

With actions were taken by the regional government to control the ongoing COVID-19 pandemic such as lockdown and social distancing and closure of restaurants created a catalyst for online grocery shopping and food consumers priorities. Packaged food such as pasta and canned food tops the charts of demand. Although, suppliers were unable to fulfill the demand this created a proper exposure for the packaged food market.

Being the driver of the Glycerol Monostearate market with the growth in a packaged food market, the Glycerol Monostearate market will also grow at a significant rate for the forecast period; however, other industries including oilfield chemicals and others experienced downturn in the market and thereby limited the growth of glycerol monostearate.

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Which trend/segment to impact more?

Among all the segments the packaged food and personal care & cosmetic industry hold the highest market value and are expected to be the most attractive applications of glycerol monostearate during the assessment period. It holds over half of the market share of the Glycerol Monostearate market and is expected to be the same in the forecast period.

Glycerol Monostearate Market: Regional Outlook

Due to the increase in demand for processed food products such as dairy and meat products, bakery, convenience food, and confectionary in emerging markets such as the China, India and other countries. Asia Pacific is the fastest-growing market in the global Glycerol Monostearate market due to rapidly growing demand and high economic growth.

Companies are investing in research and development in the region to gain market share. North America and Europe are also anticipated to account for significant share and growth owing to high working population leading to increased demand for glycerol monostearate. Latin America and Middle East & Africa are anticipated to witness comparatively lower growth rates during the assessment period.

Analyst perspective

The demand for Glycerol Monostearate is majorly driven by the food industry due to the increase in demand for packaged food products. On a regional basis developing economies such as the Asia Pacific is expected to be the major driver of the Glycerol Monostearate market in the forecast period owing to the continuous increase in demand for processed food in region. Moreover, Glycerol Monostearate is used in the manufacturing of various cosmetics and personal care items.

With improving quality of life the beauty and personal care are becoming one of the essentials, personal care on self-esteem and social interaction, and the gradual shift of consumers towards luxury cosmetic brands are few factors to propel the market growth of Glycerol Monostearate in personal care and cosmetic segment during the forecast period.

However, Glycerol Monostearate market is growing at a significant rate there are factors which comes out to be limitations for Glycerol Monostearate market such as the rise of health consciousness among consumers, meat-free and veganism trend are some major limitation for end-use industry food and beverages and thereby limits the growth of Glycerol Monostearate market.

Glycerol Monostearate Market: Key Participants

List of some of the prominent players in the global market of Glycerol Monostearate identified across the value-chain includes

  • BASF SE
  • 3M
  • Clariant
  • Croda International PLC.
  • Evonik Industries AG
  • Akzo Nobel N.V.
  • Volkel Chemical LLP
  • Dupont
  • ACM chemicals
  • Liberty chemicals
  • Alpha Chemicals Pvt. Ltd.
  • Estelle Chemicals Pvt. Ltd.
  • Solvay
  • A. Schulman Inc.

The market research report on the Glycerol Monostearatepresents a comprehensive evaluation containing thoughtful insights, facts, and figures, historical data, future growth trends, statistically supported and industry-validated market information. The Glycerol Monostearatemarket report also consists of projections using appropriate sets of assumptions and methodologies. The report further provides in-depth analysis and information according to market segments like geography, phase, concentration, and applications.

The report covers exhaustive analysis on

  • Glycerol Monostearate Market Segments
  • Glycerol Monostearate Market Dynamics
  • Glycerol Monostearate Market Size
  • The market Adoption rate of Glycerol Monostearate
  • Current Trends/Issues/Challenges in the Glycerol Monostearate Market
  • Competition & Companies Involved in Glycerol Monostearate
  • New Technology for Glycerol Monostearate
  • Value Chain of the Glycerol Monostearate Market

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Russia, Turkey)
  • South Asia (India and ASEAN countries)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia  and New Zealand)
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The global Glycerol Monostearatemarket 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 an 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 factors on Glycerol Monostearatemarket segments and geographies.

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Glycerol Monostearate Market: Segmentation

The global diverse market of Glycerol Monostearate can be segmented based on application, end-user

Application:

  • Emulsifier
  • Thickening
  • Anti-caking
  • Stabilizer
  • Other

End-User:

  • Food and beverages
    • Dairy
    • Bakery
    • Salty Snakes
    • Others
  • Personal care and Cosmetics
    • Creams and lotions
    • Makeup Components
    • Personal Hygiene
  • Oilfield Chemicals
    • Drilling fluids
    • Wetting fluids
  • Pharmaceutical
    • Creams and gels
    • Medicines
  • Agrochemicals
    • Seed coating
    • Crop protection
  • Others

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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Dairy Products Packaging Market Volume Analysis, Demand, Sales Growth, Innovation and Trends by 2030

As per FMI the global dairy product packaging market is estimated to record a steady growth throughout the assessment period, 2020-2030. The market growth is primarily attributed to widespread milk uptake on a worldwide level, usage of dairy products in the food & beverage sector, as well as stringent food safety regulations.

“Rising demand as well as distribution of dairy products through robust and organized retail supply chain channels has augmented the demand for dairy product packaging in the global market,” says an FMI analyst.

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Dairy Products Packaging Market – Key Highlights

  • Asian regions led by countries such as India and China generate sturdy demand due to extensive consumption of milk and milk products.
  • Paper and paperboard materials will exhibit high demand throughout the forecast period.
  • Milk application will remain the prominent revenue contributor in the market, due to increased uptake by a health-conscious consumer.
  • Rigid packaging formats will account for maximum market share over the assessment period.

Dairy Products Packaging Market – Drivers

  • Smaller portions packaging is anticipated to gains traction as well as will support long-term market growth.
  • Sustainability initiatives in the global market boosts innovations, thus catalyzing market expansion.
  • Growing trend for transparency in dairy packaging is driving the overall market growth, as players are focusing on packaging aesthetics and product differentiation.
  • Transport and logistics needs and roles in increasing products shelf-life as well as positively prompting growth prospects.

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Dairy Products Packaging Market – Restraints

  • Effect of recycling challenges related to dairy packaging products can hinder market growth.
  • High operational cost of packaging can create bottlenecks for market players in the market.

COVID-19 Impact on the Market

The COVID-19 outbreak has adversely impacted the global market for dairy product packaging. Prevalent lockdown limitations have upset supply chains in the industry, which ensued in huge-scale wastage of milk resources in several parts of the globe. This consecutively has impacted short-term packaging demand.

Moreover, the demand for dairy-based ice-cream, yogurt, and desserts has dropped sharply amid the crisis, restraining packaging supply chains. The market recovery will be steady as concerns over the economic implications of the outbreak remain ambiguous.

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Competitive Landscape

Market players are investing into product research, particularly in discovering the new materials with end goal of sustainability, and functionality. Implementation of eco-friendly formats and materials, and endeavors towards aesthetics will remain significant for players over the projected period. Key players active in the global market include WestRock Company, Mondi Group, Bemis Company Inc., Sealed Air Corporation, CKS Packaging, Barry-Wehmiller Companies, Airlite Plastics, Nampak Ltd., ELOPAK, Saint-Gobain S.A., CLONDALKIN Group Holdings, Saudi Basic Industries Corporation, Evergreen Packaging, Stora Enso Oyj, Ahlstrom, Huhtamaki Group, Rexam, International Paper Company, , Tetra Pak and Consolidated Container Company LLC.

Key Segments Covered in Dairy Products Packaging Industry Research

By Type :

  • Bags and Wraps
  • Bottles
  • Cans
  • Cartons & Boxes
  • Cups
  • Films & Wraps
  • Pouches
  • Tubes
  • Others

By Application :

  • Milk
  • Cheese
  • Frozen Products
  • Yogurt
  • Cream
  • Butter and Ghee
  • Ice-cream
  • Cultured Products
  • Others

By Material :

  • Glass
  • Metal
  • Paperboard & Paper
  • Plastic
  • Others

By Distribution Channel :

  • E-Commerce
  • Specialty Retailers
  • Supermarkets & Hypermarkets
  • Others

By Region :

  • North America Dairy Products Packaging Market
  • Latin America Dairy Products Packaging Market
  • Europe Dairy Products Packaging Market
  • East Asia Dairy Products Packaging Market
  • South Asia Dairy Products Packaging Market
  • Oceania Dairy Products Packaging Market
  • Middle East & Africa (MEA) Dairy Products Packaging Market

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

Contact:
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/dairy-products-packaging-market
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Padded Mailers Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

Increasing demand for sustainable material-based packaging solutions, along with the expansion of the foodservice and ecommerce sectors are expected to boost the global padded mailers market over the forecast period,” says an FMI analyst.

As per a recent market analysis by Future Market Insights (FMI), the global padded mailers market are projected to total US$ 1.7 Bn in 2021. With sales growing at a 5% CAGR, the market valuation is forecast to reach US$ 2.5 Bn by 2031.

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Some of the key players covered- 3M, Intertape Polymer Group Inc., Sealed Air Corporation, PAC Worldwide Corporation, Polycell International Corp., Storopack Hans Reichenecker GmbH, Vereinigte Papierwarenfabriken GmbH, Pregis LLC, Jiffy Packaging, Proampac LLC are some of the leading players operating in the market. As per FMI, top 5 players are projected to hold 20-25% of the total market share over the assessment period.

Increasing applications of padded mailers in various sectors such as logistics & transportation, pharmaceuticals, food & beverages, electrical & electronics, automotive, cosmetics and personal care will continue boosting the market 

These products are used for shipping various products that are delicate in nature, such as jewellery, electrical and electronics products. They reduce the risk of damage as compared to traditional mailers owing to its thickness and toughness of the cardboard paper. The durability and excellent strength of the padded mailers are expected to fuel sales in the market in the forthcoming years.

Padded mailers can be easily recycled as they are manufactured using 100% plant-based material such as corrugated paper. Once the mailer has been used, it can be recycled again for using post-consumer recycled content.

To improve sustainability, manufacturers are actively using the same material for cushions and envelopes. This has reduced recycling efforts for segregation of waste material. Driven by this, sales of kraft padded mailers are increasing in the ecommerce sector for delivering sustainable products like green and eco-friendly cosmetics.

Padded Mailers Market by Category

By Material:

  • Kraft Paper
  • White Kraft Paper
  • Brown Kraft Paper
  • Polyethylene
  • HDPE
  • LDPE/LLDPE
  • Fiber-based

By Closure:

  • Self-seal
  • Peel and Seal

By End Use:

  • Manufacturing & Warehousing
  • Pharmaceuticals
  • Electrical & Electronics
  • Auto & Allied
  • Food & Beverage
  • Cosmetics & Personal Care
  • Others (Agriculture, etc.)
  • E-commerce
  • Logistics & Transportation

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East and Africa (MEA)
  • Oceania

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Key Takeaways:

On the basis of the material, sales of polyethylene (PE) padded mailers are projected to account for more than 50% of the total market share by 2031.

Based on closure, the peel and seal segment is forecast to expand at a 5.7% CAGR between 2021-2031.

In terms of end use, the manufacturing and warehousing segment is anticipated account for 40% of the total market share by 2031.

The U.S. is expected to account for 87% of the North America market share over the forecast period.

Demand in the U.K. market is forecast to hold 20% of the Europe market share by 2031.

India will emerge as a lucrative market, creating and incremental opportunity of US$ 102 Mn over the assessment period.

China is expected to account for a dominant share of the East Asia market, accounting for 90% of the market share by 2031.

Leading players operating in the market are investing in research and development to launch sustainable padded mailers. Besides this, players are also investing in mergers, acquisitions, collaborations and partnerships to expand their production facilities. For instance:

In June 2019, Sealed Air Corporation acquired MGM’s flexible packaging business. MGM is a privately held company that is headquartered in Manila, the Philippines. The acquisition will allow the company to expand its food packaging operations in Asia.

More Insights into the Padded Mailers Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global market for Padded Mailers, analysing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals market growth projections on the padded mailers based on material (kraft paper {white kraft paper and brown kraft paper}, polyethylene {HDPE and LDPE/LLDPE}, fibre-based), based on closure (self-seal and peel & seal), by end use (manufacturing & warehousing {pharmaceuticals, electrical & electronics, auto & allied, food & beverages, cosmetics & personal care, others} and across seven regions.

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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.

Contact:
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/padded-mailers-market
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Commercial Paper Bags Market Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2032

The Commercial Paper Bags Market is expected to reach US$ 11.2 Billion in 2032, to surge at CAGR of 7.5% during forecast period of 2022-2032.

Commercial paper bags are primarily used in the retail sector as they offer superior tensile strength and are light weight as well as cost effective. Other than this, commercial paper sacks are easily printable. With the rising demand for visually communicative packaging among the brand owners, commercial paper bags have gained traction in the past few years. Manufacturers are going extra mile and focusing on enhancing the aesthetic appeal so that the consumer can associate with the product.

Commercial Paper Bags Market: Dynamics
The global commercial paper bags market is expected to be majorly driven by the high demand generated from retail sector. Commercial paper bags are light in weight, easy to carry and are reusable. This has been registered as a key factor for their adoption by consumers. Other than retail, commercial paper bags are also used extensively in the building & construction industry especially for heavy-duty applications.

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The impact is expected to be more intense in regions such as the Asia Pacific and the Middle East. In the Asia-Pacific region, there has been a substantial growth in the number of real estate and infrastructure development projects in the past few decades. This is expected to bolster the demand for commercial paper sacks in the coming years.

Also, switching to paper-based packaging has led to better recycling rate. Most consumers are adopting paper-based sacks over plastic ones as are a sustainable alternative of their counterparts. Additionally, commercial paper bags are environment-friendly and can be 100% recycled. The stringent regulations imposed by various regulatory bodies against the usage of plastic bags is also expected to drive the growth of the global commercial paper bags market during the period of forecast.

Manufacturers are focused on expanding their portfolios to better meet the escalating demand from end users. Moreover, it is observed that manufacturers operating in the global commercial paper bags market are focusing on innovating products by differentiating their features from other market players. Companies are designing commercial paper bags which offer some added advantages such as temperature-controlled packaging paper bags, to the consumers. For instance,

  • Mondi Group entered into a partnership with iFoodbag AB, a Swedish start-up company, to develop a temperature controlled paper packaging product. Introduction of the temperature-controlled paper bag opens up new horizons in the online shopping platform.

Commercial Paper Bags Market: Regional Outlook

Geographically, the global commercial paper bags market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East and Africa (MEA) and Japan. The countries of MEA are expected to represent growth opportunities for commercial paper bags market owing to its applications in building & construction sector. In the APEJ region, the retail sector is booming and is expected to propel the demand for the commercial paper bags in the region. Changing consumer spending pattern has resulted into high expenditure on packaged goods, which will buttress the demand for commercial paper bags in the region.

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Commercial Paper Bags Market: Key Players

Examples of some of the key players operating in the global commercial paper bags market are Smurfit Kappa Group Plc., Essentra Plc., Novolex Holdings, Inc., Mondi Group plc, International Paper Company, United Bags, Inc., El Dorado Packaging, Inc., and Langston Companies, Inc. among others.

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 of the global commercial paper bags market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with commercial paper bags market attractiveness as per segments. The report also maps the qualitative impact of various factors on commercial paper bags market segments and geographies.

Commercial Paper Bags Market: Segmentation

Globally, the commercial paper bags market has been segmented on the basis of product type, material type, thickness, and end-uses

On the basis of product type, the commercial paper bags market has been segmented as follows

  • Sewn open mouth bags
  • Pinched bottom open bags,
  • Pasted valve bags,
  • Pasted open mouth bags
  • Flat bottom bags

On the basis of material type, the commercial paper bags market has been segmented as follows

  • Brown Kraft
  • White Kraft

On the basis of thickness, the commercial paper bags market has been segmented as follows

  • 1 ply
  • 2 ply
  • 3 ply
  • >3 ply

On the basis of end-uses, the commercial paper bags market has been segmented as follows

  • Agricultural & allied industries
  • Building & construction
  • Food & beverage
  • Retail
  • Chemical industry
  • Others

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Report Highlights:

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

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About Us
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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Paper Bags Market Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2030

The worldwide paper bags market is there to observe consistent quality as a CAGR off 4.1% somewhere in the range of 2022 and 2030. It is good to go to arrive at US$ 7.3 Bn during this period.

paper bags market is assessed to reach over US$ 7.2 Bn in the following ten years. Appeal for paper bags for cleanliness upkeep is expected in the post-Covid period. By volume, squeezed base open mouth portion is expected to outperform different fragments and expected to hold over 30% worth offer in the worldwide market toward the finish of 2030.

paper bags utilization has been consistently expanding in businesses including farming, development, and others. Subsequently, somewhere in the range of 2022 and 2030, the market for paper bags is supposed to develop at a CAGR of 4.1 percent.

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These types of paper bags are highly preferred in medium to large format products with varying density, and also for sensitive products. Brown kraft segment amongst the other material types is estimated to account for nearly 3/4th value share and provide an incremental opportunity of US$ 1.9 Bn by the end of 2030.

Surplus Sales of Paper Bags?

“On-the-Go and Take Away Food to take the Pie”

The global food and beverage industry has been registering steady growth in sales. There is high penetration of retail outlets of all formats at global level – supermarkets, department store, and convenience. All these formats have reported positive growth.

Rising number of single person households globally has resulted in a significant number of people preferring eating out than cooking at home. High rate of urbanization in the region has led to strong demand for construction materials. The global food and beverage sector has witnessed the establishment of several new food outlets, which is accelerating the demand for paper bags.

How has Covid-19 impacted the Paper Bags market?

The COVID-19 crisis had halted operations across various verticals between March 2020 and September 2021. As such, the production of paper bags had declined therein. However, with normalcy getting restored, agriculture & allied industries, building & construction, food & beverage, retail and chemicals verticals are expected to flourish, which, in turn, would ask for more number of paper bags.

Category-wise Insights

As per product, sewn open mouth bags segment is estimated to hold nearly 1/5th of the value share in the global market. However with the increasing demand of pinched bottom open mouth bags, this segment is estimated to decline by 130bps during the forecast period. The other products are pasted valve, pasted open mouth, and flat bottom.

Pinched bottom open mouth bags is the fastest growing. This is expected to witness a gain of 130 bps of current market share by the end of 2030.

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Competitive Landscape

The top players account for 40-45% of the global production. The key players operating in the market have a stipulated focus on mergers and acquisitions and region-wise expansion for gaining competitive edge along with expanding their product portfolio to provide the customers with a higher range of products.

  • Waddington Europe (a brand of Novolex Holdings, Inc.), in November 2020, did launch their exclusive range of 100% food packaging solution with zero to landfill status. The new Eco Blend 100 and Eco Blend Pura products are made from in-budget materials.
  • WestRock Company, in the year 2020, tabled their new-fangled paper Sack and bag paper packaging Solutions – FibreGreen, which are recyclable, renewable, and SFi-certified. They prove to be ideal for grocery. Lightweight grades are ideal for liquor bags, lunch, and things analogous over here.

Key Segments Covered in Paper Bags Industry Research

Paper Bags Market by Product Type:

  • Sewn Open Mouth
  • Pinched Bottom Open Mouth
  • Pasted Valve
  • Pasted Open Mouth
  • Flat Bottom

Paper Bags Market by Material Type:

  • Brown Kraft
  • White Kraft

Paper Bags Market by Thickness:

  • <2 Ply
  • 2 Ply
  • 3 Ply
  • >3 Ply

Paper Bags Market by End-User:

  • Agriculture & Allied Industries
  • Building & Cons
  • Food & Beverage
  • Retail
  • Chemicals
  • Others

Paper Bags Market by Region:

  • North America Paper Bags Market
  • Latin America Paper Bags Market
  • Europe Paper Bags Market
  • East Asia Paper Bags Market
  • South Asia Paper Bags Market
  • Oceania Paper Bags Market
  • Middle East & Africa (MEA) Paper Bags Market

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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

Contact:
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/paper-bags-market
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