Market Research Blog

The global poly(butylene succinate) industry is poised for significant growth, with the market value projected to surge from US$ 115,306.8 thousand in 2023 to a robust US$ 361,225.6 thousand by 2033. This substantial increase is anticipated to be driven by a thriving compound annual growth rate (CAGR) of 12.1% throughout the assessment period. The escalating demand for poly(butylene succinate) underscores its relevance in various industries, indicating a promising trajectory for this biodegradable polymer in the coming decade.

Several factors are anticipated to drive global poly(butylene succinate) market growth. These include a rising preference for eco-friendly materials and growing demand for poly(butylene succinate) from packaging, agriculture, medical, and textile industries.

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Today, consumers are shifting their preferences towards eco-friendly products, driving demand for materials that align with sustainability values. As a biodegradable and eco-friendly material, poly(butylene succinate) is used in various consumer products, including textiles, personal care items, and throwaway items.

The surging popularity of on-the-go packaged food items has led to a global rise in convenience food consumption. This surge is set to drive substantial demand for PBS in food packaging, fostering market growth over the forecast period. Rapid expansion of the medical industry is anticipated to fuel global demand for poly(butylene succinate). This is due to rising usage of this material in several medical devices.

Among the petro-based and bio-based PBS, the latter segment is expected to thrive at a higher growth rate. This is due to the growing demand from packaging and agriculture industries. Rising environmental concerns and increasing awareness about plastic pollution will likely boost the demand for sustainable packaging solutions. This is expected to create growth opportunities for global poly(butylene succinate) manufacturers.

Asia Pacific is the leading manufacturer of poly(butylene succinate) owing to the low-cost manufacturing along with vast supply chains in this region. In contrast, the countries from North America and Europe dominate the consumption of PBS due to strict regulations in these markets.

Key Takeaways from the Poly(butylene Succinate) Market Report:

• The global poly(butylene succinate) market is set to thrive at 1% CAGR through 2033.
• By product type, the bio-based PBS segment is expected to hold around 85% market share by 2033.
• By processing method, the extrusion process is predicted to hold about half of the market share by 2033.
• Based on end-use industry, agriculture segment is forecast to thrive at 7% CAGR through 2033.
• The United States market value is expected to reach US$ 86,868.9 thousand by 2033.
• Sales revenue in Germany is projected to reach US$ 42,548.6 thousand by 2033.
• China market is poised to exhibit a CAGR of 2% between 2023 and 2033.
• Demand in Japan is anticipated to rise at 4% CAGR through 2033.

“Versatile applications of poly(butylene succinate) in multiple end-use industries coupled with sustainable routes for production will surge product demand through 2033. Delay in adoption of regulations mandating recyclable or bioplastics could hamper growth. However, current trends in the market suggest otherwise as a significant share of key market players are shifting to adopt poly(butylene succinate) and other bioplastics, regardless.” – says a lead analyst at FMI

Who is Winning?

The poly(butylene succinate) market is estimated to be slightly consolidated, where top market participants hold about 60% to 65% of the market share. Leading manufacturers of poly(butylene succinate) listed in the report include Mitsubishi Chemical Corporation, Hengli Group Co., Ltd., Anhui Sealong Biotechnology Co., Ltd., and others.

The market has experienced increased activity in product development, with key manufacturers prioritizing product launch initiatives. These key players are committing substantial investments to enhance domestic production capabilities. Additionally, there have been notable advancements in the manufacturing processes of poly(butylene Succinate), resulting in enhanced production efficiencies and cost reductions.

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Poly(butylene Succinate) Market Segmentation

By Product Type:

• Bio-Based
• Petro-Based

By Processing Method:

• Injection Moulding
• Extrusion
• Blow Molding
• Film Casting

By End-use Industry:

• Packaging Industry
• Agriculture
• Medical
• Textile
• Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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According to the latest market research conducted by FMI, the global biophotonics market is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 11.3% from 2023 to 2033. The market is expected to attain a valuation of US$ 54,320.0 million in 2023, and by 2033, it is anticipated to reach an impressive US$ 1,58,457.0 million. This robust expansion underscores the increasing significance of biophotonics in various industries, reflecting a promising landscape for technological advancements and innovation within the sector over the next decade.

Increased product releases and approvals by regulatory agencies to key players in the market are likely to boost market expansion over the forecast period. For instance, a medical technology company called Kleresca announced the introduction of a new rosacea treatment in August 2018. It is founded on the distinct and patented biophotonic technology developed by Kleresca, which makes use of fluorescent light energy to activate the skin’s natural repair processes through photobiomodulation.

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On the other hand, as the majority of pharmaceuticals are still covered by patents, only a few selected firms have the ability to benefit from medical solutions. This is one of the main factors that can have an impact on the market expansion of biophotonics. This is anticipated to limit market growth throughout the anticipated time frame.

The high cost of biophotonics equipment and therapies is anticipated to impede market expansion. Instruments for biophotonics are highly expensive in comparison to substitutes. The expensive cost of biophotonics technology prevents many small and medium-sized organizations and end users from implementing it. Besides that, this might limit the application of biophotonic technology. Hence, the industry’s growth is likely to be constrained by the high cost of biophotonic.

Developments in the Market:

On November 24, 2020, Optics BioPhotonics Group, a company specializing in providing technological solutions in biophotonics, and Jenoptik Light, a company that develops optical technologies and operates globally, announced a partnership to provide a next-generation automated microscope for inline cellular analysis as well as microscopy, illumination systems, and high-performance imaging systems.

Key Takeaways:

• The biophotonics market recorded a CAGR of 3.4% from 2018 to 2022.
• China is expected to record a CAGR of 12.4% over the forecast period.
• The biophotonics market is anticipated to reach a valuation of US$ 54,320.0 million in 2023.
• Japan is expected to record a CAGR of 22.8% over the forecast period.
• The biophotonics market is expected to surpass US$ 1,58,457.0 million by 2033.
• The increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes is driving the growth of the market.
• The biophotonics market is predicted to record a CAGR of 11.3% through 2033.
• India is expected to record a CAGR of 13.4% over the forecast period.

Competitive Background:

The key players operating in the biophotonics market are investing in mergers and acquisitions in order to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the biophotonics market. As a result, market participants are likely to have a better overall revenue share in the global biophotonics market.

Significant Market Players:

• Becton Dickinson & Co
• Affymetrix Inc
• Olympus America
• Andor Technology
• Hamamatsu Technologies
• Carl Zeiss

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Biophotonics Market Segments

By Application:

• See-Through Imaging
• Microscopy
• Inside Imaging
• Spectro Molecular
• Analytics Sensing
• Light Therapy
• Surface Imaging
• Biosensors

By Technology:

• In-vivo
• In-vitro

By End User:

• Tests and Components
• Medical Therapeutics
• Medical Diagnostics
• Non-Medical Application
• Tests and Components
• Medical Therapeutics
• Medical Diagnostics
• Non-Medical Application

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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In 2023, the precision chemicals industry is anticipated to attain a value of US$ 69,109.9 million, with projections indicating robust growth throughout the forecast period. Predicted to surge at a Compound Annual Growth Rate (CAGR) of 7.2%, the market is expected to escalate to an impressive US$ 138,512.2 million by 2033. Precision chemicals play a pivotal role in industries demanding meticulous quality control, such as pharmaceuticals, electronics, and cosmetics, where even minute impurities can yield significant repercussions. This steadfast growth underscores the critical role of precision chemicals in ensuring the purity and reliability of diverse manufacturing processes.

Key players are focused on the development of these chemicals, where even at tiny scales, pollutants can have an effect on the efficacy and security of pharmaceutical, semiconductor, electrical, and medical products. Precision cleaning solutions that remove residue at a micron level without harming the part surface are used in manufacturing activities within various industries in order to prevent these problems.

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This chemical is used in water treatment and specializes in boiler treatment, cooling treatment, potable water treatment, and wastewater treatment. With the rising need for chemicals to be used in evaluating the quality of water and air, the market for precision chemicals in the environmental testing sector is anticipated to expand.

The precision chemicals category includes a wide range of chemical products used in semiconductors, agrochemicals, cosmetics, photographic chemicals, electronics, life sciences, medicines, and, to a greater or lesser extent, water treatment chemicals. Therefore, there is no common treatment for all effluents, and the wastewater composition of precision chemical businesses is varied and heavily dependent on the nature of the product and process synthesis.

Companies that specialize in precision chemical/custom manufacturing are engaged in process scale-up, demonstration plant (trial) production, industrial-scale commercial and not exclusive manufacture, and commercialization. Their product catalogs include common products, non-exclusive products, such as API-for-Generics, and exclusive products made using custom manufacturing as their primary business activity. The growing need for reagents, buffers, active pharmaceutical ingredients (APIs), solvents, and surfactants from various end-use applications is expected to fuel the demand for precision chemicals during the forecast period.

Key Takeaways from the Precision Chemicals Industry:

• The Precision Chemicals industry in the United States is predicted to reach US$ 26,036.3 million by 2033, increasing at a 5.7% CAGR.
• The Precision Chemicals industry in India is estimated to reach a market share of US$ 7,978.3 million, expanding at a CAGR of 6.9% by 2033.
• During the forecast period, the Precision Chemicals industry in China is expected to reach a market share of US$ 48,724.6 million, securing a 7.3% CAGR.
• The Precision Chemicals industry in Japan is predicted to reach US$ 9,474.2 million by 2033, increasing at a 6.4% CAGR.
• With a CAGR of 5.8% from 2022 to 2033, the Cleaning products application is expected to dominate the Precision Chemicals industry.
• With a CAGR of 5.3% from 2022 to 2033, the Agriculture industry is expected to dominate the Precision Chemicals industry.

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How Does the Competition Look in the Precision Chemicals Industry?

The Precision Chemicals industry is highly consolidated. Key market participants are actively developing a range of precision chemicals that demonstrate both excellent environmental and precise performance.

Key Players in the Precision Chemicals Industry

• Precision Chemical, LLC
• RECKLI
• Precision Chemical Manufacturing Ltd
• Precision Chemical Technologies Inc.
• Entegris
• Sigma-Aldrich
• Thermo Fisher Scientific
• Fujifilm (China) Investment Co., Ltd.
• NuGenTec
• Precision Alloys and Chemicals

The market is highly consolidated, with key players having a significant market share. Key players in the industry are focusing on the development of advanced technology for the manufacturing of these precision chemicals, for various applications such as pharmaceuticals, cosmetics, semiconductors, and electronics.

They are also expanding their product portfolio to include new and emerging applications, such as high-precision cleaning agents, medical cleaning agents, and semiconductor-grade precision cleaners this helps them to reach a wider range of customers and grow their business.

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Segmentation Analysis of the Market

By Grade:

• High-purity chemicals
• Analytical-grade chemicals
• Reagent-grade chemicals
• Technical-grade chemicals

By Product Type:

• Reagents
• Buffers
• Active pharmaceutical ingredients (APIs)
• Solvents
• Surfactants
• Others

By Application:

• Pharmaceuticals
• Electronics
• Cosmetics
• Food and beverage
• Cleaning products
• Agriculture
• Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The Global CBD Snacks Market Set to Reach USD 712.5 Million by 2022 with a Projected CAGR of 13.2% from 2022 to 2032. North America Leads, Contributes Over 30% of Revenue in 2021.

Increasing urbanization and industrialization have resulted in busy and hectic lifestyles. These fast paced lifestyles have given rise to new eating habits that are different from the conventional three square meals eaten at the family table. When customers are hungry, they turn back to round-the-clock snacks. Often opt for healthy snacks that contain nutritious and natural ingredients, labels that support their health, and free-from claims. Consumers are moving more and more towards snacks which offer clearer and cleaner labels. CBD infused snacks demand has shot up in the market due to the therapeutic benefits of cannabidiol (CBD).

During COVID-19, a greater emphasis is put on staying healthy and strengthening immune systems which drives consumers to a variety of health and wellness focused products like CBD. Some of the store-based retailers that sell CBD goods in the United Kingdom have been allowed to remain open following a national lockout, and some customers purchase their regular items while others turn E-Retailers and delivery services.

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List Of Key Players Covered in CBD Snacks Market are:

• ZBD
• LivityFoods LLC
• VELOBAR
• Naturebox
• Weller
• Evo Hemp
• CBD American Shaman
• Dixie Brands Inc.
• Premium Jane
• Pure Kana
• Just CBD.

Key Takeaways from the CBD Snacks Market Study

• Consumers are likely to adopt healthier lifestyles which have resulted in higher food and beverage intake with potential health benefits. Consumers are now becoming more aware of their diets, owing to which they invest on a holistic approach to health and wellbeing that covers almost every aspect of life. In addition, consumers are increasingly taking part in fitness activities that improve their well-being. As a result, the demand for CBD-infused snacks is steadily gaining momentum globally due to an rise in population awareness of health and fitness, along with an growing number of highly upscale consumers interested in eating safe and nutritious foods.
• According to Go Clean Label, Clean label refers to food products that contain natural, and simple ingredients that are easy to identify, with no artificial additives, according to Go Clean Label. Consumers looking for simpler foods with fewer ingredients have made the food manufacturers to exclude artificial ingredients and chemical modifiers from the food products. Most of the consumers believe that food products with natural ingredients offering better nutrition, environment sustainability, and are ethically sourced can be qualified as clean label. Clearly, the trend of clean label with the content of THC free or THC less than 0.3% is playing an important role in the promotion of CBD Snacks Market.

 “CBD, with its many interconnected products and services, is growing to unprecedented levels. Touched for its wide-ranging health benefits without any of the psychoactive impacts of the THC, CBD infused food is attaining strong global market acceptance.,” said an analyst at FMI.

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E-commerce sales gain rapid momentum

As more customers use mobile devices to order foodstuffs and groceries, e-commerce continues to gain rapid momentum around the world. Rapid digitization has resulted in heavy e-commerce penetration in APEJ countries, with China leading with a high market share. CBD snacks have a long shelf-life and can be conveniently packed as desired, attracting high customer base. Various e-commerce companies compete in the region by introducing their own food labels to expand their reach on the market. The sales of CBD products processed via e-commerce are expected to gain rapid traction over the coming years and are expected to drive market growth over the forecast period.

Who is winning?

Multiple leading manufacturers of CBD snacks are focusing on mergers and acquisition to expand its business footprints and to increase their production capacity. Leading players of CBD snacks are investing in research and development to produce innovative products using CBD snacks.

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CBD Snacks Market by Category

By Type, CBD Snacks Market is Segmented as:

• Gummies
• Bars
• Cookies

By Distribution Channel, CBD Snacks Market is Segmented as:

• Hypermarkets/Supermarkets
• Convenience Stores
• Discount Stores
• Pharmacy/Drug Stores
• Food and Drink Specialty Stores
• Independent Small Groceries
• E Retailers

By Region, CBD Snacks Market is Segmented as:

• North America
• Latin America
• Europe
• Middle east and Africa
• East Asia
• South Asia
• Oceania

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The pea protein ingredients market is estimated to be valued at US$ 1.6 Billion in 2023 and is rising to US$ 3.4 Billion by 2033. The sales of pea protein ingredients grow at a CAGR of 7.9% during the forecast period.

The growing demand for natural and organic plant-based food is increasing the demand for pea protein ingredients during the forecast period. The rising adoption of pea protein ingredients for a healthy lifestyle and better substitutes among consumers is driving market opportunities.

The rising demand for pea protein ingredients in end-use sectors such as dietary supplements and bakery & snacks is driving the market growth. These industries enhance the quality of food and beverages, increasing iron deficiency, chronic disease, and other health-driving market shares.

The increasing demand for pea protein ingredients for healthy nutrients and built muscle mass by trainers and sports players are driving market share. Healthcare manufacturers develop protein supplements to improve blood circulation, calcium absorption, and weight management, increasing the demand for pea protein ingredients. Rising consumer awareness towards clean-label products and organic food is further driving the pea protein ingredients market expansion.

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Why are Consumers Shifting Demand Towards Pea Protein Ingredients?

People need to remember their healthy lifestyle routines. Therefore, adopting pea protein ingredients in a meal for a wholesome lifestyle is a beneficial solution. The top manufacturers are providing pea protein ingredients as a beneficial substitute and maintaining nutrients among consumers.

Moreover, consumers are shifting towards pea protein ingredients due to rising allergies to animal-based products during the forecast period. Therefore, the end-user companies are innovating different types of food items such as pasta, cookies, cakes, and others with the adoption of pea protein ingredients.

These hypoallergenic food items are driving the demand for pea protein ingredients in their daily meal and are surging market opportunities. The natural property and growing awareness related to a healthy heart are driving the demand for pea protein ingredients among consumers in recent times.

Key Takeaways:

• The pea protein ingredients market is expected to have a valuation of US$ 3.4 Billion by 2033.
• With a CAGR of 7.9%, the global market is increasing during the forecast period.
• The market in the United States is anticipated to grow at a CAGR of 7.7% through 2033.
• With a CAGR of 7.2%, the U.K. market significantly uplifts during the forecast period.
• The China market is expected to grow at a CAGR of 7.3% over the forecast period.

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Who is Winning?

The key manufacturers and prominent vendors are driving the market expansion by launching excellent products as per consumers’ requirements. These players focus on consumer expectations and develop better substitute products that complete their satisfaction.

Therefore, these players are making various marketing tactics to uplift market growth. These marketing tactics are mergers, agreements, partnerships, and collaborations.

Some of the prominent players in the pea protein ingredients market are:

• A&B Ingredients Inc.
• Nutri Pea Ltd.
• Archer Daniels Midland Company
• Kerry Group P.L.C.
• Cargill Incorporated
• The Scoular Company
• Axiom Foods, Inc.
• Batory Foods
• L.T. Health Solutions
• Prinova Group L.L.C.
• Burcon Nutrascience
• Cosucra Groupe Warcoing
• Glanbia Plc.
• Roquette Frerès SA
• A.G.T. Food & Ingredients, Inc.
• World Food Processing L.L.C.
• Yantai T. Full Biotech Co. Ltd.
• Suzhou Wanshen Flour Products Co. Ltd.
• Shandong Jindu Talin Foods Co. Ltd.
• Others

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Recent Development in the Global Pea Protein Ingredients Market:

In 2020, Beyond Meat announced its partnership with fast food company Starbucks to introduce a new menu in China. Beyond Meat spreads its new food products across all Starbucks locations in China. Their main menus are Beyond Beef Spicy & Sour Wrap, Classic Lasagna and others.

Pea Protein Ingredients Market by Category

By Product Type:

• Isolates
• Concentrates
• Textured

By Application:

• Bakery and Snacks
• Dietary Supplements
• Beverages
• Meat Analog/Substitutes
• Others

By Foam:

• Powder
• Liquid
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global brewer yeast powder market is poised to attain a significant valuation of US$ 2,392 million in 2023, propelled by the burgeoning interest and insights into brewer yeast powder. This trend is expected to pave the way for fresh market opportunities, charting a projected CAGR of 6.7% from 2023 to 2033. By 2033, the market is anticipated to soar to an estimated total valuation of around US$ 4,554 million.

The surging popularity of veganism has emerged as a pivotal driver propelling the yeast extract market forward. With an increasing number of consumers adopting plant-based diets, there is a growing appetite for vegan-friendly alternatives that can faithfully replicate the savory tastes traditionally associated with animal-derived ingredients.

Yeast extract, renowned for its naturally occurring umami flavor, stands out as an exceptional substitute for meat-based flavors, particularly in the realm of vegan and vegetarian food products. This makes it an invaluable ingredient for food manufacturers looking to cater to the ever-expanding vegan market.

The capacity of yeast extract to enhance the palatability of vegan and vegetarian offerings ensures that consumers do not need to compromise on flavor when making dietary choices that align with their values.

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The versatility of yeast extract allows it to meet the diverse needs and expectations of a significantly growing consumer base. As the global veganism movement continues to gain momentum, yeast extract is well-positioned to play a vital role in shaping the future of plant-based culinary experiences.

Contributions of yeast extract to enhancing taste, texture, and overall product quality are not only driving the yeast extract market’s growth but also revolutionizing the way we think about and enjoy vegan and vegetarian food options.

Key Takeaways from the Market Study

• The market valuation in 2022 was US$ 2,300 million.
• Japan expanded at a value share of 7.7% in 2022.
• India’s market for brewer’s yeast is projected to develop at a CAGR of 13.8% in 2022.
• The United Kingdom is estimated to expand at a CAGR of 4.2% by 2033.
• Based on application, the feed segment is expected to dominate at a market share of 69% by 2033.
• Based on type, the liquor dry yeast is likely to register a market share of 44% by 2033.
• The brewer yeast powder market insights rose at a 2.4% CAGR between 2018 and 2022.

“The rising popularity of alcoholic beverages has increased the demand for brewer’s yeast and is considered one of the key drivers of the global brewer yeast powder market”, comments a Future Market Insights analyst.

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Competitive Scenario

The brewer yeast powder industry consists of a consequential number of market players. Research and development are one of them that is mainly used for the introduction of environment-friendly product lines from the core aspect of these manufacturers. Additionally, other expansion strategies, inclusive of collaborations, mergers and acquisitions, and exploration of regulatory approvals, are also relied upon.

Some of the new developments are-

• Nutreco N.V., a global leader in animal nutrition and aquafeed, announced its investment in West Coast Salmon AS, a U.S.-based land-based salmon venture. The investment is part of West Coast Salmon’s initial round of equity financing, which will be used to establish a Recirculating Aquaculture System (RAS) Atlantic salmon farming facility in Nevada. This investment is a significant vote of confidence in the future of land-based salmon farming. It also demonstrates Nutreco’s commitment to sustainable aquaculture.
• AB Mauri UK & Ireland has announced the appointment of four new professionals, a strategic move to extend the reach of its top-tier technical solutions across industries beyond the bakery sector. This expansion of technical solutions is part of AB Mauri UK & Ireland’s commitment to providing its customers with the best possible products and services. The company further believes that by expanding its reach, it can better serve the needs of its customers and help them grow their businesses.

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Brewer Yeast Powder Market By Category

By Type:

• Alcohol Dry Yeast
• Liquor Dry Yeast
• Wine Dry Yeast
• Rice Wine Dry Yeast
• Beer Dry Yeast

By Application:

• Brewing, Baking
• Feed
• Biological Research
• Medicine

By Region:

• North America
• Latin America
• Europe
• The Middle East and Africa
• East Asia
• South Asia
• Oceania

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

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The total worth of the global insect feed market could be around US$ 1,561 million in 2023. Over the forecast years from 2023 to 2033, the worldwide demand for insect feed is expected to grow annually at a rate of 17.9%. By the end of 2033, the net worth of the market is projected to reach US$ 8,124 million.

The Asia-Pacific market has driven the marketplace, but Europe is expected to surpass Asia-Pacific during the anticipated period, owing to rising demand for protein-rich livestock feed in the region as well as official approval for black soldier fly farming. In the past few years, rising demand for protein-rich diets has boosted the share of the market for unconventional protein sources like insects by 38%

Insect feed requirement is being driven by evolving agricultural practices, expanding population, money, and a growing market requirement for nutritious animal food. As a form of insect feed, larvae and worms are used. Demand for both subcategories is expected to rise in response to a growing demand for animal food

As the need for high-quality animal protein grows, so does the necessity for insect feed for chickens. Edible insects may just have arrived at a point where they may compete with products like soy meal and fishmeal, which are key elements in animal feed and aquafeed compositions because of their growing popularity

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The aquafeed industry has always been on the search for potential sources of nutrition. As a result, mealworms and fly larvae are becoming more popular. The demand for alternative and economical sources of protein, like eatable insects for animal feed is increasing as fisheries output grows. Insect feed is projected to become more popular in chicken and pork nourishment as well as in aquaculture

Insect protein is used to make processed foods that are packaged and ready to consume. Protein bars and powdered protein shake, as well as several foods, include insect protein. Evidently, the switch in insect protein utilisation for food products will open new growth opportunities over the anticipated timeframe

Key Takeaways from Market Study

• The insect feed market is expected to expand at CAGRs of 11% and 16% in Europe and America, respectively, through 2032.
• Market share of animal feed from poultry holds 21% of the total market in 2021.
• The North American market total sales are currently pegged at USD 870 Mn.
• The growing desire for protein-rich nutrition has boosted the share of the market of substitute sources of protein such as insects.
• The COVID-19 epidemic has created various issues for the food industry. When compared to traditional animal feed supplies, the insect feed industry currently faces problems such as mass production. The key element expected to fuel growth in the global insect feed market is the expansion of the aquaculture and poultry sectors.

“Manufacturers of insect feed components may make considerable profits by focusing on the protein source business, “the insect nutrition sector would also act as a potential market for feeding livestock, which is linked to increased demand for protein products worldwide.” says a Future Market Insights analyst.

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Competitive Landscape

Insect feed manufacturers are putting a lot of effort into research and development to improve the quality of their products.

Thai Union Group- The company debuted insect protein goods in Thailand in March 2020, fueling the industry with a USD 6 million investment in a brand called Flying Spark. The firm claims to provide an alternative protein supplement based on cutting-edge, high-quality processes.

Protix BV- In March 2020, the firm announced that Rabo Corporate will become a stakeholder, claiming that this would help it expand its insect protein production capabilities in the Netherlands.

Beta Hatch- Cavallo Ventures and Brighton Jones confirmed in May 2020 that the firm has obtained USD 4 million through investment. The company intends to construct a production facility in North America where it will begin commercial mass production of mealworms.

ValuSects project- A project was launched in May 2021 with the goal of enhancing edible insect processing and manufacturing technologies. Europe provided money for this research in the amount of 3 million euros.

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Insect Feed Market Segmentation

By Insect Type:

• Fly Larvae
• Silkworms
• Cicadas
• Other Insects

By Application:

• Aquaculture
• Pig Nutrition
• Poultry Nutrition
• Diary Nutrition
• Other Applications

By Region:

• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The global dextrose monohydrate market is projected to reach a value of US$ 498 million by 2023 and is expected to evolve at a CAGR of 4.0% to reach US$ 708.7 million by 2033.

Due to its health advantages, dextrose monohydrate demand is anticipated to soar during the forecast period. Its application in the food and beverage industry is also expected to be expanded by its use as sweeteners, binders, emulsifiers, and thickeners.

Dextrose Monohydrate: Enhancing Shelf Life & Flavor of Processed Meat

Consumers are looking for high-quality, convenient meat products, which is boosting the processed meat market. Dextrose monohydrate is essential in the enhancement of processed meat. It improves color development, salt penetration, flavor, and pH balance during injection and immersion curing. Meat-based breakfast options such as bacon are gaining popularity over pancakes due to changing preferences and a need for protein-rich meal options.

A carbohydrate blend, containing dextrose monohydrate, ensures proper fermentation, controlled pH, and the necessary microbial population in fermented dry sausages. As a result, the sausages have exceptional sensory qualities, body, and flavor. The adoption of dextrose monohydrate in processed beef increases market sales by satisfying customer tastes and extending shelf life.

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Sugary Suppression: Artificial Sweeteners Curb Dextrose Monohydrate’s Growth

Excessive dextrose consumption has been linked to obesity, liver function disruption, and increased uric acid levels. Regulations limiting the usage of dextrose monohydrate hinder its demand growth. In search of low-calorie alternatives, manufacturers are turning to artificial sweeteners that help maintain blood sugar levels. Their widespread use in processed foods boosts their sales, driven by their ability to retain taste.

FDA-approved sweeteners such as saccharin, sodium benzoate, and aspartame have gained popularity in the food industry. Aspartame, being much sweeter than sugar, reduces production costs. The increasing utilization of artificial sweeteners is expected to hamper dextrose monohydrate market growth.

North America Leads Global Dextrose Monohydrate Market

North America is projected to dominate the global dextrose monohydrate industry due to its strong regional segmentation. The region benefits from a high level of awareness and understanding of the product, which contributes to market growth. The increased emphasis on wellness and health among Americans fuels the market expansion of dextrose monohydrate in North America.

Key Takeaways

• The United States might increase its market share by 21/7% between 2023 and 2033.
• Between 2023 and 2033, Germany may hold 4.1% of the dextrose monohydrate industry.
• From 2023 to 2033, the United Kingdom dextrose monohydrate industry registered at a 5% CAGR.
• Australia to hold a 2.9% share of the dextrose monohydrate market from 2023 to 2033.
• During the forecast period, the Chinese dextrose monohydrate business to expand at a CAGR of 4.2%.
• Japan’s share of the dextrose monohydrate industry could reach 2.3% between 2023 and 2033.
• Through 2033, the Indian dextrose monohydrate market to record a CAGR of 5.3%.
• The grade segment to hold a market share of 74.5% in the food grade category between 2023 and 2033.
• Bakery & Confectionary sector to grab a significant market share of 53.6% in the application category between 2023 and 2033.

Competitive Landscape

Major dextrose monohydrate players spend a lot of money on research and development to broaden their product offerings, which may escalate the dextrose monohydrate business to continue expanding.

The dextrose monohydrate players are launching new products, making agreements, purchasing firms, raising capital, and collaborating with other organizations to boost their investments and build a larger global presence. To grow and survive in a more cutthroat and competitive market climate, dextrose monohydrate competitors must provide affordable products.

New Developments

• Tate and Lyle PLC expanded its presence in Asia by inaugurating a cutting-edge application lab in Singapore in 2019. Equipped with advanced technology and pilot-scale capabilities, the lab facilitated collaboration with food and beverage partners to develop delicious products that catered to the preferences of consumers in Asian countries, spanning beverage, dairy, bakery, sauce, and dressing processing.
• Atlantic Chemicals Trading GmbH established a new warehouse in Stelle, near Hamburg, ensuring efficient delivery of their products. The strategic location of the warehouse enabled the company to procure raw materials promptly and meet customer demands effectively.
• In 2020, Roquette Frères S.A. launched a digital marketplace, revolutionizing the ordering process for its customers. This user-friendly platform offered convenience, innovation, and ease of use, allowing customers to effortlessly select and order the right products to suit their requirements.

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Key Segments

By Grade

• Food Grade
• Medical Grade

By Application

• Bakery & Confectionery
• Convenience Food
• Dairy Foods
• Beverages

By Region

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube