Social Business Intelligence Market Outlook, Current and Future Industry Landscape Analysis 2026

According to FMI, the global social business intelligence solutions market worldwide is estimated to be worth US$ 17 Bn by the 2017 end, vis-à-vis revenue from worldwide deployment. Rising at a CAGR of 6% from 2016 to 2026, the market is expected to reach a valuation of US$29 Bn by the end of 2026.

Some of the prominent players operating in the market are SAP SE, SAS Institute Inc., Logi Analytics, Inc., TIBCO Software, Inc., Alteryx Inc., MicroStrategy, Inc., Microsoft Corporation, Qlik Technologies, Inc., and Tableaue Software, Inc., notes Future Market Insights (FMI). A number of these players are focusing on big data applications emerging from various end-use industries, notably healthcare to consolidate their shares. They are exploring prospects in the development of social media tools and software. Several companies in the market are a substantial investments in research and development aimed at wearable technologies based on social business intelligence to gain a competitive edge over others.

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The various end-use verticals for the social business intelligence market are BFSI, healthcare and life sciences, consumer goods and retail, travel and tourism, IT and telecommunication, media and entertainment, and government. Of these, the BFSI sector is the leading segment as it held a major market share of 20.2% of all the verticals in 2016. The segment is anticipated to retain its dominance throughout the assessment period. However, the travel and tourism segment is anticipated to rise at higher year-over-year growth from 2017 to 2026.

Rising Ubiquity of Social Media to Bolster Demand

The growing demand for big data analytics tools for the analysis of social media, coupled with the rising ubiquity of social networks world over, is a key factor driving the market. The pressing need for next-generation analytical data generation technologies and management systems across modern enterprises is a primary factor driving the market in various regions.

The robustly rising popularity of social media among product and customer service teams, largely on account of benefits that percolate beyond marketing and promotion, is a key trend accentuating the market. The growing demand for various big data tools such as Hadoop in managing vast sets of unstructured data emanating from online and social media sites and CRM conversations is a notable trend catalyzing the demand for social business intelligence tools. This is motivated by the intensifying needs to garner data-driven insights into customer taste and preference across enterprises.

The pressing need for gaining customer insights in real-time for accelerating time-to-market is a key aspect of a fast-growing modern enterprise, necessitating the demand for social business intelligence tools. The rising adoption of cloud-based technologies and services will expectedly create exciting opportunities for market players in the coming years.

Data Security Major Concerns, Advanced Enterprise Data Operating Systems to Open up Exciting Avenues

The concern of privacy of data and their enterprise security are key factors likely to hamper the demand for social business intelligence to an extent. Nevertheless, the marked shift of enterprises workloads from on-premise to cloud is expected to allay these mounting concerns, thereby bolstering the demand for social business intelligence. In addition, the advent of advanced enterprise data operating systems has led players overcome the constraints associated with traditional database systems, notably SQL servers.

The growing popularity of Hadoop for building large-scale database has enabled enterprises manage large operational requirements. This is a welcome trend in the global social business intelligence market. Furthermore, the introduction of YARN and MapReduce has substantially expanded the capabilities of Hadoop, thereby creating lucrative avenues for market players.

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The global social business intelligence market is segmented based on:

By Deployment Type

  • On-premise
  • Cloud-based

By Size of Enterprise

  • Small Enterprise
  • Medium Enterprise
  • Large Enterprise

By Vertical

  • BFSI
  • Healthcare and Life Sciences
  • Consumer Goods and Retail
  • Travel and Tourism
  • IT and Telecommunication
  • Media and Entertainment
  • Government
  • Others

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Ovalbumin Powder Market Growth, Pricing Analysis with Competition Dashboard & Key Facts-2032

Ovalbumin powder is a glycoprotein polypeptide, a major egg white protein. Glycoproteins are proteins which consist of glycan or oligosaccharide are covalently attached to polypeptides. Ovalbumin constructs more than 50% of the egg white protein share by weight. This protein, when separated from the egg white, can be used in the food and pharmaceutical industry. Ovalbumin is an abundant protein and therefore is widely being used as a nutritional supplement by sports enthusiasts.

Consumption of albumin powder has many health benefits including muscle building and weight management. Changing consumer lifestyles as well as rising disposable income is stimulating the growth of egg protein-based food products which is expected to drive the growth of ovalbumin powder market. The increased adoption of protein ingredients by the food & beverage industry and increased demand for food products fortified with egg proteins is driving the ovalbumin powder market.

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Expansion in Growing Demand of Egg White Protein is Expected to Boost the Market of Ovalbumin Powder

Egg white proteins are gaining popularity as a protein supplement due to its various functional advantages. It contains all the essential amino acids vital for the human body. The demand for ovalbumin powder is rising in sports nutrition products. The rising demand for protein powders among bodybuilders, gymnast as a consistent supply of proteins is considered essential for muscle growth.

The ovalbumin powder helps in building body mass and aids in repairing damaged muscle tissue. The ovalbumin powder is used in the food industry as it has high heat tolerance and is stable while food processing. It also prevents the breakdown of proteins present in food products. The rising demand for ready to eat food is expected to boost the market of ovalbumin powder over the forecast period. Addition of ovalbumin powder to food products and beverages will also increase the protein content of the product. Ovalbumin powder is also useful as a source of nutrient in cell culture in the biotechnology and pharmaceutical industries. It is also used for isolation of proteins as it prevents the denaturing of protein

Various scientific studies suggest that egg white proteins such as ovalbumin absorb more amino acids and proteins than other free forms, which is expected to attract the attention of manufacturers of various protein supplements Ovalbumin powder is expected to increase its demand for hair nourishment products as it protects it from drying and damage. It is also expected to be used in skin care products such as face packs, face wash, creams and others.

Ovalbumin Powder Market: Regional Analysis

At present, North America region is expected to dominate the global ovalbumin powder market. Increase in consumer focus on leading healthy lifestyle is expected to fuel the growth of market in this region. Asia Pacific region is anticipated to be an opportunistic market with significant growth over the forecast period. With rising urbanization, growing population and western influence with improving disposable incomes are expected to drive the market over the forecast period.

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Ovalbumin powder Market: Key Participants

Some of the market participants in the ovalbumin powder market are:

  • Thermo Fisher Scientific
  • Merck & Co. Inc.
  • Huzhou Zhenlu Biological Products Co., Ltd.
  • Dalian Hanovo Foods Co., Ltd.
  • Research Products International Corporation
  • Modernist Pantry, LLC.
  • Kewpie Corporation
  • Neova Technologies Inc.

The research report presents a comprehensive assessment of the ovalbumin powder market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as form, end user and distribution channels.

The report covers exhaustive analysis on:

  • Ovalbumin Powder Market Segments
  • Ovalbumin Powder Market Dynamics
  • Ovalbumin Powder Market Size
  • Ovalbumin Powder Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Ovalbumin Powder Market
  • Competition Landscape and Emerging Market Participants in Ovalbumin Powder Market
  • Technology related to Production/Processing of Ovalbumin Powder
  • Value Chain Analysis of the Ovalbumin Powder Market

Regional analysis includes:

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

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.

Ovalbumin Powder Market Segmentation

The ovalbumin powder market can be segmented on the basis of form, end user and distribution channel.

On the basis of form, the ovalbumin powder market has been segmented as-

  • Powder
  • Tablet

On the basis of end user, the ovalbumin powder market has been segmented as-

  • Food and Beverages
  • Dietary Supplements
  • Pharmaceutical
  • Biotechnology
  • Others (research institutes, etc.)

On the basis of distribution channel, the ovalbumin powder has been segmented as-

  • B2B
  • B2C
  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores

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Natural Taste Enhancers and Modifiers Market Consumer Insights, Historical Market Size Value-2029

Hence, the research and development are one of the most focused aspects of the natural taste enhancers and modifiers market. Natural taste enhancers and modifiers are ingredients derived from natural sources that enhance the savoury aspects of food. In a competition-driven flavour industry, natural taste enhancers and modifiers play the role of not only flavouring agents but also of bulking agents. Their role becomes more important when these ingredients have to meet the criteria for thermostability, cost-effectiveness and maintain the shelf-life aspects during the manufacturing process.

Natural taste enhancers and modifiers are also used to improve the palatability of medical food, which otherwise lacks savoury characteristics. Amongst the health conscious demo graph, the demand for clean-label ingredients, obesity, and other health issues are the major factors propelling the market growth for natural taste enhancers and modifiers.

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Consumer demand for ‘kitchen-cupboard’ ingredients has led to the development of natural taste enhancers and modifiers

The need for natural taste enhancers and modifiers can be studied through multiple facets of the health trends in the food industry. Some of the key trends include demand for low-sodium diet, low-fat diet, and sugar-free diet, clean-label ingredients and meat alternatives.

These are the major factors propelling the growth for the natural taste enhancers and modifiers market. Apart from these factors, the development and prominence of umami-like flavours, which impart a meaty flavour, is also one of the major factor propelling the growth of natural taste enhancers and modifiers market. Monosodium glutamate (MSG) is one of the most commonly used flavour enhancers in the food industry. But since it is a synthetically derived ingredient, the market has been retarded due to the negative reviews from consumers. Natural taste enhancers and modifiers have emerged as an excellent clean-label replacement ingredient for MSG.

The natural taste enhancers and modifiers are in the growth phase and must overcome hurdles mainly in the area of manufacturing processes. The most challenging aspects are that natural taste enhancers and modifiers may affect other characteristics of the product such as alter the texture profiles of the finished product. In developed regions, affordability of these manufacturing technologies is also low, stunting the growth of the natural taste enhancers and modifiers market.

Natural taste enhancers and modifiers Market: Regional Analysis

Due to more demand in the developed regions for natural taste enhancers and modifiers, the production also remains concentrated in these regions. The trend is slowly picking up in developing regions, however, the market is still in the introductory phase. Innovation and technology are at its peak in the Japanese natural taste enhancers and modifiers market. In a country like India, popular products containing MSG are facing a backlash over the safety of the consumable. Such negative speculation around chemical ingredients is definitely a gain for the natural taste enhancers and modifiers market in the developing region.

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Global Natural taste enhancers and modifiers Market: Segmentation:

The global natural taste enhancers and modifiers market is segmented on the basis of function, source and end use.

On the basis of function, the natural taste enhancers and modifiers market is segmented into-

  • Sweetness Enhancers
  • Mouthfeel enhancers
  • Meat Enhancers
  • Others

On the basis of source, the natural taste enhancers and modifiers market is segmented into-

  • Plant-based
  • Microbial

On the basis of end use, the natural taste enhancers and modifiers market is segmented into-

  • Infant Nutrition
  • Sports Nutrition
  • Clinical Nutrition
  • Dairy Products
  • Meat Processing
  • Bakery
  • Confectionery
  • Beverages
  • Premixes
  • Others

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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 7 years.

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Encapsulated Lactic Acid Market Research Report Covered with Production and Consumption Statistics-2028

The use of acids in the food and beverage industry is well-known. Encapsulated lactic acid are used predominantly in the making of dry or semi-dry sausages. Use of encapsulated lactic acid has been better considered in recent years, due to its improvement in texture, flavor and nutritional value of many food products. Fermentation with encapsulated lactic acid is an economical and effective food preservation method that can be applied even in more rural/remote places.

Owing to its numerous applications, the encapsulated lactic acid has attracted profound interest from various foodservice providers and likely to spectate a significant growth in the years to come. Also, the rising demand for encapsulated lactic acid from end-user industries, mainly from the food and beverage industry has resulted in the expansion of the encapsulated lactic acid market. However, alternatives such as encapsulated citric acid is gaining ground and could obstruct the encapsulated lactic acid market growth.

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Foodservice Providers Fueling the Demand for Encapsulated Lactic Acid

Commercial encapsulation technologies in the food industry have existed for over a decade with support from the regulatory bodies, under the terms of the 1995 EC Directive, a wide range of additives in foodstuff is permitted. Lactic acid has been a popular additive for encapsulation.

The briskly changing consumption patterns around the globe and the desire for minimally processed foods is asserting the industry to find processing techniques that meet the consumers’ desire and also increase products safety. This has led in the growth of the encapsulated lactic acid market. The use of encapsulated lactic acid is now common in the making of dairy, meat, vegetable and fish products, as well as, animal feed. The primary factors driving the growth of the encapsulated lactic acid market include the growing food encapsulation market, growing processed food industry, initiatives for bioplastics, increasing concerns for the environment.

Global Encapsulated Lactic Acid Market: Key Players

Some of the key players operating in the global encapsulated lactic acid market are BSA Inc., Balchem Ingredient Solutions, Food Ingredient Technology Co., Ltd., IFP (Innovative Food Processors), Inc., Wiberg Canada, BASF SE, Corbion N.V., among others. The global encapsulated lactic acid market has progressed on the outline of new product innovations and will continue to grow the same way during the period of forecast.

Opportunities for Market Participants

Ingredients like encapsulated lactic acid are the key to helping vendors create food products, beverages, and supplements that enhance health through improved nutrition. Foodservice providers should emphasize on making innovative food products while fulfilling the regulations for food grade material usage. Use of encapsulated lactic acid has increased more in the last decade, due to its improvement in survival and viability under adverse environmental conditions.

The U.S. FDA has listed what can legally constitute encapsulated lactic acid. Approval from the U.S. FDA for the use of various food ingredients such as encapsulated lactic acid is one of the primary drivers of the encapsulated lactic acid market. Region wise, the market in North America looks promising and is expected to dominate the overall encapsulated lactic acid market. The approval from regulatory bodies for use in diverse foods and beverages is helping the market growth. The market in the Asia Pacific is envisaged to witness profitable growth owing to the growing economy, expansion of the food and beverage industry and more.

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Brief Approach to Research

The analysis will be done a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the product type, application and end use of the segments included in the study is followed by carrying out a demand-side approach to estimate the sales of target segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global scale to estimate the overall market sizes.

The research report presents a comprehensive assessment of the encapsulated lactic acid market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

The report covers exhaustive analysis on:

  • Encapsulated Lactic Acid Market Segments
  • Encapsulated Lactic Acid Market Dynamics
  • Encapsulated Lactic Acid Market Size
  • Encapsulated Lactic Acid Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Encapsulated Lactic Acid Market
  • Competition Landscape and Emerging Market Participants in Encapsulated Lactic Acid Market
  • Technology related to Production/Processing of Encapsulated Lactic Acid
  • Value Chain Analysis of the Encapsulated Lactic Acid Market

Regional analysis includes:

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

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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.

Global Encapsulated Lactic Acid: Market Segmentation

On the basis of applications, the global encapsulated lactic acid market has been segmented as 

  • Confectionery
  • Dairy Products
  • Sauces and Meat
  • Salad and Dressings

On the basis of nature, the global encapsulated lactic acid market has been segmented as 

  • Synthetic
  • Organic

On the basis of form, the global encapsulated lactic acid market has been segmented as 

  • Powder
  • Liquid

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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 6 years.

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Herb Infused Water Market Regional Forecast, PESTLE and Porter’s Analysis, Regional Parent Market Outlook-2028

Herb infused water is basically a functional beverage containing pure water immersed with herbs in it. Herbal infusions have been a popular practice among naturopaths, herbalists and health practitioners for years now to extract the healing and medicinal properties of the herbs.

These herbs can be added fresh or dried. Herb infused water has emerged as a tasty and healthy way of keeping the body hydrated. This herb infused water possessing zero calories not only offers nutritional benefits but also adds extra flavors to it. As these herb infused water adds rich flavors and aroma to the water, it enhances the taste as well as gives a refreshing and gentle feel.

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These lesser-known herbal-infused waters have become popular in recent years due to their widespread uses as a health drink, energy drink, weight loss drink, and refreshment drink. In addition, herbs have been known for years for their medicinal, nutritional and weight-loss properties and are often added to foods, salads, juices and medicines to enhance their flavor, give them a minty and refreshing touch and add extra nutritional value to foods. it is.

Thus, these herb infused water possess diverse properties which provide health benefits such as anti-oxidant, weight loss, improved digestion, detox agent and for boosting the immune system. In addition, these are available in various flavors according to the type of herb added to it. Some of the popular herbs added to herb infused water include Basil, Rosemary, Thyme, Sage, Mint and several others.

Growing dependency on food & beverages infused with natural ingredients and health awareness paving way for Herb Infused Water demand

The rising awareness among consumers for health and fitness has grown the demand for products infused with natural and organic ingredients such as herb infused water. The health beneficial qualities of herb infused water such as quickly healing wounds, minimizing blood sugar, implementing weight loss, and more is driving its market globally. Further, another major factor driving the market for herb infused water is its function as a detox water.

These detox water is popularly used these days for removing toxins from the body, improving the skin complexion, implementing better digestive health and majorly for promoting weight loss. Thus, the demand for herb infused water as a detoxing agent is widely growing worldwide owing to the rising consciousness among consumers to look good and reduce weight primarily due to the increasing impact of social media and internet.

In addition, the development of product packaging’s that are travel-friendly is also propelling the growth of herbs infused water owing to the ease in carrying them, thus broadening its applications such as a refreshing drink in summers for long trips. Hence, the shift of consumer preferences towards much healthy beverages and growing demand among consumers to stay hydrated and feel refreshed is rambling the market growth of herb infused water.

Global Herb Infused Water Market: Key Participants

Some of the market participants in the global Herb Infused Water market identified across the value chain include Hint Inc., Treo Brands LLC, Uncle Matt’s Organic, Detox Water, Disruptive Beverages Inc., HERB + ORCHARD, and Infused waters among others.

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Opportunities for Participants in the Herb Infused Water Market

There are widespread opportunities for players to grow in the herb infused water market owing to no significant market participant and growing demand and popularity among consumers for products supplementing health and nutrition. Currently, homemade fruit and herbs infused water is trending in several developed nations signifying the imminent potential for herbs infused water market.

Further, the easy availability of these herbs in almost every nation and very low production and manufacturing cost gives opportunities to many global market leader in healthcare, dietary and food & beverages industry to invest and grow their revenues in herb infused water. In addition to this, the rapid growth of herb infused water is further elevated by several macroeconomic factors that include GDP, population growth, changing lifestyle and increasing disposable income of the consumers, especially in developing nations.

Brief Approach to Research

The company will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms, and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the market, including background and evolution
  • Shifting industry dynamics
  • In-depth market segmentation
  • Historical, current, and projected industry size and recent industry trends
  • Key competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Competitive landscape of the market, including detailed profiles of the top players in this market

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on

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

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Herb Infused Water Market: Market Segmentation

On the basis of nature, the global herb Infused water market has been segmented as:

  • Organic Herb Infused Water
  • Conventional Herb Infused Water

On the basis of herb type, the global herb infused water market has been segmented as:

  • Mint
  • Basil
  • Rosemary
  • Thyme
  • Sage
  • Ginger
  • Lavender
  • Others

On the basis of packaging, the global herb infused water market has been segmented as:

  • Glass bottles
  • PET bottles
  • Jars
  • Others

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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 6 years.

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Fortified Wine Market Product Portfolio, Competition Dashboard with Study on Wholesalers and Distributors-2029

The global alcohol market in general and wine industry in particular have been on tear for years, due to effects of globalization and changes in the level of international trade and geography of production and consumption. Additionally, a sharp evolution in taste, preferences, and consumers’ lifestyles has a significant impact on sales of various wines such as fortified wines

With significant improvements in alcohol ingredients and consumers everywhere becoming more knowledgeable and curious, the last decade saw further broadening of fortified wine consumption within and beyond developed markets in the U.S. and EU5.

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Over the years, due to inconsistency in table wine quality, fortified wine came in the front. Moreover, notable development in fermentation equipment and simple process of setting these products aside in wine barrels resulted in wines of supreme quality.

However, it is pertinent to note that, manufacturers are currently facing added pressures in terms of health and wellness trend, premiumization, and competition from other categories of alcoholic drinks. Innovation and change are thus emerging as a key to survival and success in the fortified wine market.

Fortified Wine Market – Competitive Landscape

Key players active in the fortified wine market are Albina & Hanna, Davide Campari-Milano S.p.A., Backsberg Estate Cellars, E & J Gallo Winery, Indage Vintners Limited, Vinbros and Company, Bacardi Limited and Into Wine.

Some of the important developments in the competitive landscape of the market for fortified wine include:

  • In November 2019, Davide Campari-Milano announced that it has entered into exclusive negotiations for the acquisition of Baron Philippe de Rothschild France Distribution SAS Milan, the former’s distributor in France. Campari Group has also pledge to purchase the capital of the Target, which is currently 100% owned by the latter company.
  • In May 2019, Bacardi announced the launch of its new version of Martini Asti sparkling wine in the U.K. market. The new product features fresh pear and pineapple flavors with notes of grape, melon, and peach.

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Key Factors Influencing Growth of the Fortified Wine Market

Growing Interest in Culture and Pleasures of Wine and Food

Fortified wines are known for their long standing contribution to the global wine industry. Today, the rise of digital era and rapid penetration of social media have increased the accessibility to information, resulting in widespread of wine culture in various regions across the globe.

Port wines are witnessing higher consumption as compared to other types of fortified wines including Sherry, propelled in part by discovery of drier port wines by wine collectors and a gradual shift away from sweet wines to drier variants.

Market Set Their Eyes on Emerging Trends

Emergence of the wellness era and conscious consumption trend coupled with inclination towards convenient yet high-quality products are causing a radical upheaval in both alcoholic and non-alcoholic beverage sectors. Given consideration to increasing demand ready-to-drink (RTD) alcoholic drinks, manufacturers of fortified wines are focusing on aligning with new alcoholic beverage packaging trends, especially wine in cans.

Such strategic move is expected to attract a new generations of consumers and diversify the occasions of drinking wine. Furthermore, as cocktail culture takes hold and consumers are increasingly moving from staple to luxury fortified wines, market players will need to use innovative integrated approaches to define new marketing strategies.

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Internet Retailing of Fortified Wine Gains Prominence

The impact of ‘convenience’ factor is also noticeable in distribution trends of fortified wines. Growing popularity of modern trade channels along with emergence of discounters is defining growth strategies, while manufacturers are increasingly directing sales of their product towards e-commerce which is becoming the major driving force of the market.

Easy availability of diverse range of products and door-step delivery services are attracting a larger number of consumers with strong purchasing power, thereby increasing manufacturers’ profit margins.

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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 7 years.

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Middle East and Mediterranean Tahini Market Sales Channel, Historical Market Size Value and Pricing Analysis

Consumer awareness about tahini’s low-caloric properties has made it a preferred ingredient in sweet/savoury spreads and according to a new research report by Future Market Insights (FMI), the tahini market in Middle East and Mediterranean region will be worth  US$ 1,081.7 Mn.

Surge in demand for convenience packaged-, ready-to-eat-, and processed food products has provided an impetus to the tahini market. Tahini’s low-calorie and preservative-free status is one of the key reasons for its demand in the food processing industry.

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According to Future Market Insights, innovation in food processing technology is catalysing the production capacity and this will help manufacturers to cater to the burgeoning demand in the future.

FMI’s analysis on the tahini market in Middle East and Mediterranean revealed that fluctuation in price of sesame seeds is a key concern for manufacturers. Tahini is made from ground sesame seeds, and any fluctuation in their prices impacts the profit margin of manufacturers. Political unrest in Middle East can also have an impact on the growth of the tahini market according to the report.

Widespread acceptance of tahini is restrained by easy availability and low price of paste & spreads substitutes, such as jam, marmalades, peanut butter, mayonnaise, and other table sauces. FMI estimates this to have a moderate impact on curtailing the growth of the tahini market in Middle East and Mediterranean.

According to an end-user survey carried out by Future Market Insights, demand for tahini is the highest in sweet/savoury/spreads food, such as hummus, falafel sauces and sweet tahini molasses. FMI’s end-user survey also revealed that extraction of tahini accounted for 59.3% of the total sesame market. According to tahini manufacturers, 45.5% of tahini is consumed through sweet/savoury products, whereas distributors estimated the consumption at 50%. Tahini is least consumed in the form of bakery and confectionary according to the respondents. Respondents are of the view that tahini is mostly consumed in households and by downstream industries. These two segments collectively account for over 80% of end-use according to the respondents.

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On the basis of product type, Future Market Insights has segmented the Middle East and Mediterranean tahini market into paste & spreads, halve & other sweets, and sauces/dips. Paste & spreads is the most dominant segment among these, and accounted for 52.6% share of the overall product type category in 2014. Halve & other sweets’ market share was 36.8% in 2014 and FMI estimates it to drop to 34.2% in 2020.

On the basis of distribution channel, the Middle East and Mediterranean tahini market is segmented into modern retail, conventional retail, exports, and HORECA. FMI’s analysis revealed that conventional retail is the most dominant segment and it will continue to remain the preferred distribution channel through 2020.

On the basis of regions, the Middle East and Mediterranean tahini market is segmented into Middle East excluding GCC (Turkey, Israel, and Lebanon), North Africa (includes Egypt), GCC, and Mediterranean Europe (France, Spain, Italy and Greece). Among these, Middle East excluding GCC is the most lucrative region and FMI estimates it to account for a market share of 44.5% in 2020.

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Key companies profiled in the report include:

  • Halwani Bros Co.
  • Tema:
  • National Confectionary & Tahina Factory Co. Ltd
  • El Rashidi El Mizan
  • Al Wadi Al Akhdar
  • Haitoglou Bros S.A.
  • Prince Tahina Ltd.
  • J.M Food Industries Ltd. and Gesas General Foods Co. Inc.

Most of the major players are based in Middle East and they are adopting various go-to-market strategies to expand their market share in this growing Tahini market. FMI’s analysis revealed that these key companies are raising brand awareness about their products by exhibiting their offerings at various international food expos and by rolling out novel and attractive products for various demographics.

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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  years.

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Guar Gum Market Analysis & Overview, Production and Consumption Statistics with In-depth Study of Demand-2026

The global guar gum market is likely to surpass US$ 1.3 Bn in revenues by the end of 2026, according to a new research report by Future Market Insights (FMI). The report projects the market to grow at a CAGR of 2.8% during the forecast period 2017-2026, with steady demand from end users in Asia Pacific excluding Japan (APEJ) likely to provide growth opportunities to stakeholders in the market. Applications in food and beverage industry are likely to create steady demand during the assessment period.

To offer readers detailed insights on the guar gum market, the report has segmented the market on the basis of product type, end use industry, and primary function. In addition to this, the report also offers region-wise analysis and segmentation, offering readers detailed analysis on the lucrative and sluggish markets.

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On the basis of product type, the key segments include food grade, fast hydrated gum oil drilling grade, and industrial grade. By end use industry, the market has been segmented into food and beverages, fracking, textiles, pharmaceuticals, and other end-use industries. On the basis of primary function, the key segments include thickener and stabilizer, binding agent, and other functional properties.

Among the product types, the fast hydrated gum oil drilling grade segment will continue to remain attractive during the assessment period. This segment currently accounts for nearly 70% revenue share of the market, and is likely to remain lucrative throughout the forecast period. The fast hydrated gum oil drilling grade is likely to surpass US$ 800 Mn in revenues by the end of the forecast period.

Demand for guar gum is likely to remain robust in the fracking segment. Currently, fracking accounts for over two-third revenue share of the market, and it is highly likely that the dominance of this segment will continue beyond 2017. This segment is projected to grow at a CAGR of 2.4% to reach a valuation of over US$ 800 Mn by the end of the forecast period.

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The use of guar gum has been witnessing an increase owing to its growing application in the oil & gas industry. However, as the oil and gas industry is going through a sluggish phase, the demand for guar gum has declined to an extent. Some of the sluggishness on account of oil & gas is likely to be compensated by growing demand in the food and beverage industry. Guar gums find wide-ranging applications in the food & beverage industry, where it is used as a thickener and stabilizer.

Steady demand from the food and beverage industry is likely to provide an impetus to the growth of the guar gum market during the assessment period. Growth is likely to remain steady from the textile and paper sector, however, availability of other feasible alternatives can stymie demand to an extent.

Although still at a nascent stage, demand for guar gum in managing health disorders such as diabetes and cardiac elements presents an opportunity for manufacturers. Further advancement in the application of guar gum in the healthcare sector can open up new avenues of growth for guar gum manufacturers during the assessment period. Some of the leading players in the market include Lucid Group, Jai Bharat Gum, Hindustan Gums, Vikas WSP, Shree Ram Gum, Cargill Inc, Supreme Gums Pvt. Ltd, Ashland Inc., India Glycols Ltd, Rama industries and Lamberti.

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Region

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

Product Type

  • Food Grade
  • Fast Hydrated Gum Oil Drilling Grade
  • Industrial Grade

End Use Industry

  • Food and Beverages
  • Fracking
  • Textiles
  • Pharmaceuticals
  • Other End Use Industries

Primary Function

  • Thickener and Stabilizer
  • Binding Agent
  • Other Functional Properties

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Feed Phytogenic Market Forecast Demand, Sales Outlook with Up to date key Trends, Pricing Analysis-2026

Phytogenic improve the aroma and taste of feed, which in turn increase feed intake and accelerate digestion activity in livestock. Adoption of feed phytogenic has led toward improvement in livestock development and growth. Growing demand for animal products including eggs, dairy, & meat has pressurized the livestock farmers in improving productivity of livestock. However, rise in cost of feed has added to the dilemma of productivity optimization for farmers, while demanding for minimal expenses.

Rising Commercialization in Livestock Sector Propelling Demand for Feed Phytogenic

On account of the aforementioned factors, feed phytogenic have emerged as the best available option for minimizing feed expanses of dairy farm, by making improvements in feed conversion ratio and feed digestion. The livestock sector has witnessed a tremendous rise in commercialization since the recent past, which in turn has propelled the demand for feed phytogenic among livestock producers worldwide.

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Future Market Insights (FMI), in its recently published research report, has projected the global feed phytogenic market to ride on an impressive CAGR over the forecast period, 2017 to 2026. Nearly US$ 2,500 Mn revenues are estimated to be accounted by global sales of feed phytogenic by 2026-end.

Key Research Findings from FMI’s Report on Global Feed Phytogenic Market

  • Dominance of essential oils among products will remain unchallenged in the market. Sales of oleoresins will reflect the fastest expansion through 2026.
  • Feed phytogenic sales for poultry will ride on the highest CAGR through 2026, based on livestock. Between swine and aquatic animals, the former will account for larger revenue share of the market, while feed phytogenic sales for the latter will register a relatively higher CAGR during the forecast period.
  • Palatability enhancers will remain the largest function of feed phytogenic, followed by performance enhancers. These two functions of feed phytogenic will account for over 80% revenue share of the market during 2017 to 2026.

Increasing Emphasis on Feeding Livestock with Feed Additives Based on Natural Sources to Fuel Demand for Feed Phytogenic

Consumers across the globe are becoming more concerned about the food quality, owing to increasing occurrences of Salmonella and E. coli in meat and dairy products. Consumers are therefore shifting their preference toward processed meat and products, as these are manufactured under hygienic conditions.

This has further led toward an increasing emphasis on feeding livestock animals with feed additives based on natural sources, thereby driving demand for feed phytogenic. Government organizations and manufacturers are making significant investments in research & development activities associated with feed phytogenic. However high cost of feed phytogenic, owing to stringent regulations imposed on product approvals, might act as a restraining factor for adoption of feed phytogenic in the near future.

Consumer health concerns regarding natural and healthy diet, particularly in meat & dairy products, has witnessed a rise in European countries. In addition, the European Union (EU) has banned adoption of in-feed antibiotics for livestock production.

These factors have led to substantial demand for natural source-based meat & dairy products in the region, thereby resulting into increased demand for feed phytogenic. Europe is anticipated to remain the most lucrative market for feed phytogenic, followed by Europe. Asia-Pacific excluding Japan will also remain a lucrative region for growth of the feed phytogenic market.

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Leading Players are boosting their Operational & Technological Capabilities for Staying at Market’s Forefront

Through strategies such as acquisitions, expansions, research agreements, and new product developments, companies producing feed phytogenic have been focusing on expansion of their presence across the globe. Leading players in the global feed phytogenic market are now boosting their operational and technological capabilities for staying at the forefront of the market. Potential opportunities exist for manufacturers of feed phytogenics across developing regions. Market players identified by FMI’s report include Igusol, Nutricare Life Sciences Ltd., Nor-Feed Sud, Natural Remedies Pvt. Ltd., Phytosynthese, A&A Pharmachem Inc., Pancosma SA, Phytobiotics Futterzusatzstoffe GmbH, Dostofarm GmbH, Biomin Holding GmbH, Kemin Industries, Inc., E. I. Du Pont De Nemours and Company, and Cargill Incorporated.

Market Taxonomy

Region

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

Product Type

  • Essential Oils
  • Herbs & Spices
  • Oleoresins
  • Others Product Type

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Livestock

  • Poultry
  • Ruminants
  • Swine
  • Aquatic Animals
  • Other Livestock Animals

Function

  • Performance Enhancers
  • Palatability Enhancers
  • Other Functions

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Lipase Market Trends, Business Prospects with Incredible Growth, Consumer Insights & Forecast-2026

Growing prevalence of celiac disease and obesity has led to an upsurge in demand for lipase globally. In addition, surge in demand for production of detergents will continue to impact the global market growth of lipase. Future Market Insights states that the global market of lipase is projected to reflect a CAGR of 7.8% over the forecast period, 2017-2026.

Factors Fuelling Growth of the Global Market

Growth of the global lipase market is mainly bound to various micro-economic and macro-economic factors. Surge in consumption of the food products that are rich in carbohydrate and fatty food items has led to surge in health diseases such as abdominal discomfort, indigestion and bloating. In order to inhibit prevalence of these health diseases has led to surge in demand for lipase in the global market.

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In addition, increasing prevalence of high triglyceride, obesity and cholesterol will continue to impact the global market growth of lipase positively. World Health Organization in its recent report stated that 39% of adults aged 18 years and above reported overweight in 2016 whereas 13% were obese. As lipase breaks the fats into fatty acid and glycerol, possibilities of weight gains and obesity is reduced. The global market of lipase is projected to gain momentum bound to such factors during the forecast period.

Attributed to various industrial and health benefits, lipase continues to witness significant demand in various industries such as food industry, detergent industry and dairy industry. As application of lipase enhances the shelf life, texture and flavor of the food products, manufacturers are increasing using lipase during the food production process.

In addition, increasing demand for hydrolyzing milk fat for the production of various dairy items will continue to rev up sales of lipase in the global market. Lipase continues to find application in coffee whiteners and cheese dairy products. Increasing application of lipase in coffee whitener offers creamy flavor and buttery texture in the toffees and caramel. Such factors are likely to impact the global market growth of lipase significantly throughout 2026.

Besides application in the dairy industry, lipase continues to witness robust demand in the detergent industry. Surge in need to remove the fatty residues and cleaning clogged drains has led to a surge in demand for lipase during the production of house cleaning products.

Attributed to features that help in eradicating the fatty residue, manufacturers in the detergent industry are mainly looking for range of lipases including proteases and amylases. Application of these lipases will enable the manufacturers to offer cleaning products with improved efficiency. Further, the detergent industry, which is controlled by the European Commission continues to represent a leading end use sector for enzyme consumption.

Increasing apprehensions related to the persisting contamination of the detergent chemicals in the ground water and environment along with various other health issues has raised speculations about the biodegradability of the product. Such factors continue to encourage application of the enzymes along with the surge in demand for the green cleaning detergents.

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Sales to Remain High in the Food Industry

Rapid advancements in the emerging enzyme technology has led to surge in demand for microbial lipase globally. By source type, the microbial source segment is projected to represent a significant growth in terms of revenue, representing more than US$ 300 Mn by 2026-end. On the contrary, the animal source type segment is projected to reflect the highest CAGR through 2026.

On the basis of application, the food segment is projected to generate highest revenues, accounting for less than US$ 100 Mn by 2017-end. However, the animal feed application segment is projected to reflect a robust CAGR during the forecast period. Based on forms, the liquid segment is projected to represent a robust revenue growth, representing more than US$ 200 Mn by 2026-end. On the other hand, the powder form segment is projected to witness the fastest growth in the global market of lipase throughout 2026.

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Market Players

Major players in the global market of lipase are:

  • Koninklijke DSM N.V.
  • Novozymes A/S
  • Amano Enzymes Inc.
  • Hansen Holdings A/S
  • E. I. Du Pont De Nemours and Company
  • Associated British Foods PLC
  • Clerici-Sacco Group, Advanced Enzymes
  • Enzyme Development Corporation and Renco New Zealand.

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