Polyol Sweetener Market Set to Achieve USD 8.2 Billion Valuation by 2034

The worldwide polyol sweeteners market is expected to grow positively from USD 4,100 million in 2023 to USD 4,317.3 million in 2024. Moreover, the polyol sweetener market is anticipated to develop at a CAGR of 7.19% and reach a valuation of USD 8,213.4 million by 2034.

The polyol sweeteners industry is witnessing growth due to factors such as the increasing adoption of low-calorie diets across the globe. Secondly, there is a growing trend toward using artificial sugar substitutes. This is evolving the industry to dive in new directions as manufacturers strive to meet the changing needs of consumers. As a result, we can expect to see continued growth in the polyol sweeteners industry in the coming years.

Polyols, hard-to-digest carbohydrates, offer health benefits and are sweet without affecting blood sugar or tooth decay. The demand for sugar-free diets is expected to rise in the next decade. Polyol sweeteners have high spreading potential and lower dental decay in over-the-counter drugs. The market for polyol sweeteners can be divided into fluid and powder segments, with powder-state polyol sweeteners expected to remain dominant and in high demand.

Governments and consumers worldwide focus on reducing sugar intake to combat diabetes and obesity, using sweeteners to reduce calorie and sugar intake. Sugar levies and controls have led to growth in the sector as manufacturers comply with regulations.

The growing use of sugar alternatives, healthy diets, organic foods, lower calorie consumption, and natural components in nutritional supplements, pharmaceuticals, and cosmetics, as well as healthcare trends, health education, and lifestyle changes, are driving the global market for polyol sweeteners.

Lead Analyst states, “The significant increase in demand for sugar-free and low-calorie goods, as well as increased consumer awareness of health and wellness and growing worries about obesity and diabetes, are all contributing factors to the expansion. Furthermore, it is anticipated that the worldwide market for polyol sweeteners will continue to be competitive and expand as producers make research and development investments to create cutting-edge goods that meet shifting customer demands and market trends.”

Key Takeaways from the Polyol Sweetener Market:

  • The United States sugar substitute polyols market is increasing at a CAGR of 3.4%.
  • China’s diabetic-friendly sweeteners market is projected to evolve at a CAGR of 5.4% until 2034.
  • During the forecast period, Germany’s Polyol-based food products market is expected to achieve a CAGR of 2.5%.
  • Japan low-calorie sweeteners market is anticipated to expand at a CAGR of 4.4% over the projected period.
  • The market for polyol Sweeteners in Australia is likely to capture a 6.5% CAGR through 2034.

Key Strategies:

The worldwide polyol sweetener market is expected to expand due to industry players’ spending on research and development, new product launches, contracts, mergers and acquisitions, effective investments, and collaboration with other companies. To survive in a cutthroat market, the industry must provide fair-quality goods and produce sugar polyols locally to save expenses. Manufacturers help customers and expand the market sector by employing this cutting-edge marketing strategy.

Recent Developments:

  • Gulshan Polyols Ltd. was given a contract in December 2023 to supply ethanol and polyol replacements for ethanol processing to oil marketing businesses.
  • NutraSweet launched Reb M+ stevia leaf extract in October 2023, a low-calorie, natural sweetener that can be coupled with polyols, underlining the trend of mixing multiple sweeteners for maximum functioning and flavor.

Key Companies in the Polyol Sweetener Market

Cargill,  Inc., Sweeteners plus,  LLC, Fooding Group, Zibo Shuohui Chemical Co Ltd, Splenda, Truvia, Stevi0cal, Sweet sante, B Food Science Co.,  Ltd., Gulshan Polyols Ltd., Ingredion Inc., Roquette Frères, PT. Ecogreen Oleochemicals, Mitsubishi Corporation Life Sciences Ltd., Tereos, SPI Pharma, HYET Sweet, Jungbunzlauer Suisse AG, DFI Corp., Sukhjit Starch & Chemicals Ltd., Zhejiang Huakang Pharmaceutical Co.,  Ltd., Shandong Futaste Co., Dancheng Caixin Sugar Industry Co. Ltd., Shijiazhuang Huaxu Pharmaceutical Co.,  Ltd., DuPont Nutrition & Health (Danisco), zuChem, Zibo Shunda Biotech Co.,  Ltd., Hylen Co.,  Ltd., BENEO GmbH, Foodchem International Corp.

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Market Segmentation

By Type:

  • Sorbitol
  • Erythritol
  • Maltitol
  • Mannitol
  • Isomalt
  • Xylitol
  • Others

By Form:

  • Powder
  • Crystal
  • Liquid
  • Syrup

By Application:

  • Bakery
  • Confectionery
  • Beverages
  • Dairy
  • Oral Care
  • Pharmaceuticals
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East & 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

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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Sugar Toppings Market Future Growth Trends and Leading Player Analysis through 2032

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The global sugar toppings market is set to witness growth at a CAGR of 8.4% and top a valuation of USD 93,988.8 Mn by 2032.

The sugar toppings industry in the United States is stifled by government-imposed restrictions. The European Union is a large producer of beet sugar, especially in northern Europe. Northern France, Italy, UK, and Poland are the highest – performance work countries.

In these areas, the consumption for sugar toppings is growing, as are the supply networks. Because of their diverse production methods and consumer habits, Asian nations generate over 40% of the world’s total sugar.

Sugar toppings are typically used to flavour and enhance baked goods like cakes and sweets. It’s also used to make sweetened products like chewing gums, chocolates, sugary confectionaries, and a range of other items in a variety of sectors.

Chocolate confectionery accounted for 60% of overall pastry consumption, while sugar confectionary accounts for 40%. This proportion varies from country to people. Confectionery consumption is rising in both countries with rising middle classes, such as Brazil and India, and countries with historic low sugar intake, such as Japan and China.

The biggest sugar producing regions control the worldwide sugar toppings business. Brazil has a significant percentage of the global sugar topping industry, spending USD 2.5 trillion each year for its sugar topping enterprises. Due to demand support systems, domestic marketing allocations, and tariff limits for general sugar, the Sugar Toppings business in the United States is in total chaos. Tariffs are used by the US authorities to keep the local price of brown sugar 90 percent higher than the international market rate, benefiting customers USD 3.6 billion annually.

Usage of sugar confectionery is on the rise all around the world. Candy consumption is especially high amongst children and young people, owing to increased energy demands from sugar. Powdered sugar is becoming extremely prevalent in candies, chocolates, sweets, and cereal bars across the world. Cakes, doughnuts, and pastries, as well as other bakery treats, are famous. As a consequence of increased confectionery consumption, the worldwide sugar glaze toppings market is predicted to rise.

Hyperglycemia, overweight, and diabetes have become increasingly widespread as individuals became more sedentary. Naturally, there is a trend toward consuming low-sugar foods. As a result, demand for sugar-free confectionery has increased, compelling important producers to develop brown sugar as well as sugar-free toppings, thereby extending market prospects.

Key Takeaways from Market Study

  • The sugar toppings market is expected to expand at CAGRs of 7.1% and 8.6% in America and Europe, respectively, through 2032.
  • The Dry Sugar Toppings category is forecast to expand at the quickest rate, with a CAGR of 6.8% over the forecast timeframe. Changing lifestyles and rising demand for gifting confectionary goods are also aiding to the Sugar Toppings Market’s growth.
  • The market’s development is being hampered by price fluctuations in raw materials like as sugar and chocolate, as well as rising health concern. Furthermore, rising obesity and diabetes are stifling the market’s expansion.
  • Because of the COVID-19 breakout, the production line for sugar toppings was affected, causing a trade lag. But nevertheless, with countries giving possibilities and rising consumer demand for healthy and nutritious food items, the industry is likely to rise significantly.

 “Sugar toppings producers will further make a fortune if they focused the bakery industries. Because of the increased consumption of sweet food items throughout the world, the confectionery business might be a potential market for sugar toppings,” says a Future Market Insights analyst.

Competitive Landscape

  • Monin offered on-trend premium syrups such cookie butter syrup and Hawaiian islands sweetener in April 2016. Sugarcane and natural flavours are used in these. The firm hopes to improve its standing in the speciality beverage market as a result of this.
  • Torani Sweet Heat Syrup was released by R. Torre & Company in March 2014. Peppers are used in this product to give drinks a spicy taste. It’s great in drinks like mocha lattes, cocktails, lemonades, and milkshakes. The company’s position in the spiced syrups market strengthened as a result of this product introduction.
  • Kraft Heinz came into an acquisition with Hershey Company in October 2018 and launched Milk Chocolate and Reese’s Peanut Butter Cup milk whip toppings. These new toppings are produced entirely of genuine cream from cows and include no oil, artificial ingredients, or elevated corn syrup.
  • Rich Products Corporation launched a brand new called Café Whip in August 2016, that is a dairy-free whipped topping created with coconut cream. This category includes bakery cafes, coffee houses, and other foodservice establishments. It also has less fat than sweetened and flavoured heavy whipping cream.

Thorough Market Evaluation: Full Report

Segments Covered in Sugar Toppings Market Analysis

Application :

  • Bakery
  • Confectionery
  • Dairy
  • Ready-to-eat Snacks
  • Convenience Food
  • Packaged Food

Type :

  • Dry
  • Wet

Nature :

  • Organic
  • Conventional

Region :

  • North America
  • Latin America
  • Europe
  • Asia
  • Oceania
  • 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

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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Herbal Supplement Demand Soars Amid Growing Health Consciousness; Market Value Projected at USD 194.86 Billion by 2034

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The herbal supplement market value in 2019 was USD 86,859.4 million, and it followed a growth trajectory of 7.04% per year in the following five years. Their rising awareness of the health benefits of herbal supplements is the key factor driving its industrial production.

The global herbal or natural supplements market has attained a size to generate USD 93,886.3 million in 2024. By growing at an estimated CAGR of 7.6% between 2024 and 2034, herbal supplement sales are going to create an industry worth around USD 194,859.4 million by 2034.

Herbal supplements have become quite popular in recent years as more and more people are seeking alternatives to prescription medications and other synthetic nutritious supplements. Many consumers prefer herbal supplements because they feel they are safer and more natural than pharmaceutical medications.

Increased disposable income in emerging countries and a rise in the prevalence of health issues have also increased the intake of herbal supplements to some degree. So, Latin America and Asia Pacific countries are anticipated to become important herbal supplement marketplaces in the coming days.

Key Takeaways from the Herbal Supplement Market Study Report

  • The overall market is going to experience an absolute growth opportunity of over US$ 100 billion over the next ten years.
  • The United States market holds a substantial share of the global revenue and is putting in efforts to realize a 7.2% CAGR over the forecasted period.
  • In Europe, Germany is the key region for the production of herbal supplements and it could progress with a CAGR of 5.8% through the projected years.
  • Asia Pacific countries are witnessing more lucrative growth opportunities and China tops with an anticipated CAGR of 6.8% from 2024 to 2034.
  • Japan and India are the other two notable regional markets in Asia, with expected CAGRs of 3.7% and 4.2%, respectively, over the next ten years.

Competitive Landscape for the Herbal Supplement Market Players

The overall market is highly fragmented and moderately competitive as sourcing of raw materials or plant-based ingredients is region-specific. According to FMI, Blackmores, Bio-Botanica, Daniels Midland, Ricola, and Arizona are identified as key herbal supplement brands.

“Consumers’ attraction to herbal supplements made from responsibly collected herbs and components has resulted in the emergence of many new companies supplying herbal supplement ingredients. Moreover, the emerging trend of clean label ingredients and organic or plant-based vegan ingredients have strengthened the herbal supplement sector considerably,” – says a lead analyst at FMI

Key Players Profiled

  • Glanbia plc
  • Jarrow Formulas, Inc.
  • Archer Daniels Midland Company
  • Nature’s Bounty
  • Herbalife International of America, Inc.
  • Blackmores
  • Nutraceutical International Corporation
  • Gaia Herbs
  • Jarrow Formulas, Inc.
  • Solgar, Inc.
  • Ancient GreenFields Pvt. Ltd
  • Now Foods

Recent Developments by the Herbal Supplement Industry Participants

  • In January 2021, Prorganiq launched a new line of premium herbal supplements containing nutritious herbs that are manufactured in “FSSAI” registered and “GMP” certified facilities. Featuring all-natural herbs and medical components, this novel line of herbal supplements is designed to help overcome deep-rooted health concerns and create a healthy body.
  • In June 2021, Vasu Healthcare released Single Herb Vegetarian Capsules, including Holy Basil, Amalaki, Moringa, Ashwagandha, Guduchi, and Turmeric. Vasu Healthcare is based in India and its 100% vegetarian capsules made with standardized herbal extracts for consistent quality and performance were leased under the Safe Herbs brand. The firm claims to provide a wide range of health advantages from traditionally established herbs without adding gluten, lactose, color, flavor, or preservatives.

Exhaustive Market Report: A Complete Study

Key Segments Covered by Herbal Supplement Industry Survey Report

By Form Type:

  • Soft Gel or Pills
  • Confectionery Products
    • Gummies
    • Chews
    • Others
  • Pharmaceutical Products
    • Chewable pills
    • Gel caps
    • Powder
    • Liquid

By Ingredient Type:

  • Moringa
  • Echinacea
  • Flaxseeds
  • Turmeric
  • Ginger
  • Ginseng
  • Other ingredients (Horehound, Elderberry, etc.)

By Consumer Orientation:

  • Men
  • Women
  • Senior citizens
  • Others (Kids & Toddlers)

By Application:

  • Weight Loss
  • Sports Nutrition
  • General Well-being
  • Immune & Digestive Health
  • Bone & Joint Health
  • Heart Health
  • Other specific requirements (Supplements, Anti-allergies & Eye-health)

By Distribution Channel:

  • Store Based Retailing
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Drug Stores and Pharmacies
  • Health and Wellness Stores
  • Other Retailers
  • Online Retailing

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and Pacific
  • Middle East and 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:

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

Soft Touch Polyurethane Coatings Market Poised to Reach USD 17,429.0 Million by 2033, Growing at 9% CAGR

Soft Touch Polyurethane Coatings Market
Soft Touch Polyurethane Coatings Market

The global soft touch polyurethane coatings market is projected to reach a valuation of USD 7,361.85 million by 2023 and is expected to grow significantly, reaching USD 17,429.0 million by 2033, with a compound annual growth rate (CAGR) of 9%. These coatings are widely utilized in the automotive and aviation industries to coat interior components like armrests, control panels, door trims, and surrounds, providing protection from wear and tear. As the use of ABS plastics in automotive interiors increases, the demand for soft touch polyurethane coatings is anticipated to rise.

Soft touch polyurethane coatings also offer scratch resistance and enhanced aesthetics for mobile phones, laptops, and other electronics. Due to their aging, scratch, and abrasion resistance, these coatings are increasingly being used for high-quality covers. The growing electronics production in several countries, coupled with stringent regulations aimed at reducing VOC emissions, has fueled market growth. Additionally, the increasing popularity of luxury interiors among car enthusiasts is expected to further boost demand for soft touch polyurethane coatings.

China’s SAMR (State Administration for Market Regulation) and the Standardization Administration have introduced new standards to restrict the use of VOCs and chemicals in adhesives manufacturing. Meanwhile, India’s smartphone market is booming, with ICEA estimating 829 million users by 2022, driving demand for phone cases and covers and, in turn, increasing the need for soft touch polyurethane coatings.

Key Takeaways from the Soft Touch Polyurethane Coatings Market:

  • North America holds a substantial market share due to rising housing construction and demand for wood protection from pests and termites, driving the use of soft touch PU coatings. Additionally, water-based PU coatings are gaining traction for their quicker curing properties.
  • Europe is led by Germany, where leading automotive manufacturers use acrylonitrile butadiene styrene (ABS) plastics in various vehicle components like door trims and airbags, helping reduce overall vehicle weight. In 2019, Germany produced over 4.6 million passenger vehicles, including 224,009 luxury cars.
  • Asia-Pacific is expected to experience rapid growth, particularly in India and China. China’s SAMR and the Standardization Administration have introduced new standards limiting VOCs and other chemicals in adhesives and coatings. Meanwhile, India’s booming smartphone market, with over 829 million users in 2022, is driving demand for phone cases and covers, fueling the soft touch polyurethane coatings market.

Competitive Landscape:

The soft touch polyurethane coatings industry focuses on inorganic and organic strategies to expand and break into new markets. Among these strategies are mergers and acquisitions, partnerships, and new product launches.

The key industry players are:

  • RPM International Inc.
  • The Sherwin Williams Company
  • PPG Industries Inc.
  • Axalta Coating Systems Ltd.
  • Jotun AS
  • AkzoNobel N.V.
  • Aexcel Corporation
  • Sokan New Materials.
  • Huntsman International LLC
  • DuPont

Key Segments Covered in Soft touch polyurethane coatings Market Study

By Base Types:

  • Water-based
  • Solvent-based

By Product Types:

  • 2K
  • UV (Ultra Violet)

By End-use industry:

  • Transport and automotive
  • Electrical and electronics
  • Wood and furniture
  • Others (packaging, measuring devices)

 Report Preview: https://www.futuremarketinsights.com/reports/soft-touch-polyurethane-coatings-market

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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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Global Mining Flotation Chemicals Market Set to Reach USD 19,360.2 million by 2033, Growing at a CAGR of 5%

Mining Flotation Chemicals Market
Mining Flotation Chemicals Market

The global mining flotation chemicals market is projected to experience robust growth, with a compound annual growth rate (CAGR) of 5% over the forecast period from 2023 to 2033. The market is estimated to be valued at USD 11,885.5 million in 2023 and is expected to surpass USD 19,360.2 million by 2033. This growth is driven by the expanding construction industry and a booming transportation sector.

According to Future Market Insights (FMI), the mining flotation chemicals market is anticipated to account for 30% to 35% of the overall global mining market. The market stands to benefit from increasing opportunities for product enhancement, as well as improved chemical compositions delivering superior performance.

Regionally, the Asia Pacific is expected to lead the market, followed by North America and Europe, largely due to rapid development in construction and transportation sectors in countries like India and China.

Key Takeaways:

  • The average copper ore grade has dropped significantly, from 0.9% in 2019 to 0.7% in 2021, due to the aging of mineral resources. This decline has led to an increased demand for mining flotation chemicals, as more chemicals are needed to recover desired minerals.
  • Logistics account for approximately 20% of the total chemical costs, making transportation costs and import taxes significant factors influencing price fluctuations in mining flotation chemicals.
  • Growing environmental concerns are prompting the mining sector to adopt eco-friendly practices, which has slightly reduced demand for mining flotation chemicals.
  • Leading chemical companies are focusing on better understanding how flotation collectors react to different mineral species, with recent trends showing a shift towards the development of novel frothers.
  • Industry players are also working on enhancing flotation collectors to improve the efficiency of complex ore processing, aiming to meet specific customer needs with customized reagents.

Competitive Landscape

In order to elevate their market presence in several key areas, the prominent market players are concentrating on embracing alternative distribution methods which comprise internet channels. A number of leading players are investing in R&D to develop technologies that will cut operational costs and reduce risk exposure to workers. Improved methods for managing ores with a deteriorating grade are another focus of development initiatives.

While major businesses are focusing on sustainability, some crucial firms are concentrating on expanding their current manufacturing facilities to satisfy the demand from the growing chemical industry.

Key Companies Profiled

  • Cytec Industries Inc,
  • BASF SE,
  • Air Products and Chemicals
  • Clariant AG
  • Huntsman Corporation
  • Kemira Oyj
  • Chevron Philips Chemical Company LLC
  • Nasaco International LLC
  • Beijing Hengju Chemical Industry Co. Ltd.
  • Axis House (Pty) Ltd
  • Coogee Chemicals Pty Ltd.
  • Tieling Flotation Reagents Co., Ltd;
  • Maz, Yantai Humon Chemical Auxiliary Co. Ltd.
  • CTC Mining
  • QiXia TongDa Flotation Reagent Co. Ltd.
  • SNF S.A.S.
  • Senmin International (Pty) Ltd
  • Solvay S.A.

Mining Flotation Chemicals Market by Category

By Ore Type:        

  • Sulphide Ore
  • Non Sulphide

By Chemical Type:

  • Collectors
  • Frothers
  • Dispersants
  • Activators
  • Depressants
  • Flocculants
  • Others

By Region:

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

Report Preview: https://www.futuremarketinsights.com/reports/global-mining-flotation-chemicals-market

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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

Global Pearlescent Pigment Market to Surpass USD 5,544.7 million by 2033 with a 4.0% CAGR

Pearlescent Pigment Market
Pearlescent Pigment Market

The global pearlescent pigment market is expected to grow at an impressive CAGR of 4.0% during the forecast period from 2023 to 2033. The market is projected to generate a revenue of USD 3,745.8 million by the end of 2023 and is anticipated to surpass USD 5,544.7 million by 2033. This growth is largely driven by factors such as expansion in the automotive, paints and coatings, and plastics industries, along with increasing investment in product development.

Historically, from 2015 to 2021, the pearlescent pigment market grew at a CAGR of around 4.2%. A notable surge in demand for pearlescent pigments has been observed, particularly for applications in the printing and food packaging industries. These factors are expected to drive the market to USD 5,331.4 million by 2032, with sales projected to increase by nearly 1.5x during the forecast period (2022-2032).

Regionally, East Asia is predicted to remain a leading consumer of pearlescent pigments, with South Asia, especially emerging economies like India, showing positive growth. The global demand for pearlescent pigments, fueled by applications in personal care and the paints and coatings industries, is expected to rise, with pearlescent pigments accounting for 6-8% of the overall pigment market.

Key Takeaways:

  • The global rise in the automotive industry, coupled with increased purchasing power, has led to a growing demand for luxury passenger cars. Automakers are focusing on aesthetically pleasing finishes, driving sales of pearlescent pigments.
  • Pearlescent pigments, though more expensive than organic pigments, are valued for their ability to provide high luster and premium finishes, particularly in luxury cars.
  • Borosilicate glass flake pearlescent pigments are widely used in cosmetics, especially lip gloss, with applications expected to grow over the next decade.
  • These pigments are also popular in lip, eye, face, and nail products due to their ability to diffuse light and reduce the appearance of wrinkles.
  • The market is seeing a rise in the use of pearlescent pigments in digital printing, offering enhanced dispersion, viscosity, and consistency.
  • The packaging industry’s demand for high-quality graphics is boosting the need for pearlescent pigments. Additionally, synthetic mica, used as a substrate material, offers greater transparency and fewer impurities than natural mica, driving further market growth.

Top Key Players in the Global Market

  • BASF SE
  • Sudarshan Chemical Industries Ltd
  • Merck KGaA
  • DIC Corporation
  • ALTANA AG
  • Fujian Kuncai Material Technology Co., Ltd
  • CRISTAL
  • Shanghai Zhuerna High-Tech Powder Material Co., Ltd
  • Oxen Special Chemicals Co., Ltd
  • Huaian Concord Industrial Product Co., Ltd.
  • Spectra Colours Ltd
  • LANSCO COLORS
  • Aal Chem

Competitive Landscape

Prominent players in the market are focusing on surging their manufacturing capacities and are extensively setting up their manufacturing units, sales offices, and distribution channel in emerging economies to boost their sales, especially in emerging economies.

Key participants are also focusing on the acquisition of small and medium-sized manufacturers to enhance their annual turnover. Some of the leading players are also focusing on tailored product offerings as per the specific requirements of the end-use industries.

Pearlescent Pigment Market Segmentation

By Purity Type:

  • Natural Pearl Pigment
  • Synthetic Pearl Pigment
  • Glass Flake Pearl Pigment

By Structure Type:

  • Substrate-free
  • Monolayer
  • Multilayer

By End-use Industry:

  • Automotive Paints
  • Paints & Coatings
  • Personal Care
  • Plastic Industry
  • Printing
  • Others

By Region:

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

Report Preview: https://www.futuremarketinsights.com/reports/global-pearlescent-pigment-market

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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

Saw Palmetto Market Set for Growth: Projected Value to Reach USD 1,240.8Million by 2033

Future Market Insights projects that the Saw Palmetto Market will grow at a CAGR of 4.3% over the forecast period. The market’s value is expected to rise from USD 814.5 million in 2023 to USD 1,240.8 million by 2033. At the end of 2022, the market was valued at US$ 789.2 million.

Serenoa repens, a shrub native to the southeastern United States, produces the fruit known as saw palmetto. This fruit is used to create extracts and tonics that are praised for their potential benefits in enhancing testosterone levels. Saw palmetto extract is popular among both men and women for supporting urinary tract and reproductive health.

The extract is incorporated into a wide range of products, including nutritional supplements, traditional herbal remedies, cosmetics, and personal care items. Rich in fatty acids, flavonoids, and plant sterols, commercial saw palmetto products typically feature dried or partially dried fruit, available whole or ground into a fine powder. Bulk saw palmetto is also used to produce tinctures, teas, liquid and semi-solid extracts, and capsules.

Genetic predisposition and hair loss are often associated with the conversion of testosterone into dihydrotestosterone. As diseases become more common and health awareness rises in developed countries, there is a growing demand for health-improving and preventive products, such as dietary and nutritional supplements. This trend is fostering a positive environment for the global saw palmetto market, as the ingredient is increasingly included in supplements that support reproductive health.

The rising global demand for saw palmetto is fueled by heightened consumer awareness of its health benefits and an increase in disposable incomes.

Competitive Landscape

The saw palmetto market is becoming increasingly competitive, with new entrants striving to gain a foothold in this profitable sector. As demand for saw palmetto products grows, many companies are eager to tap into its potential. The market is currently dominated by several key players, including US-based Nature’s Way, India-based Himalaya Herbal Healthcare, and China-based Goodcare Nutraceuticals.

These leading companies offer a diverse array of saw palmetto products, including soft gels, capsules, extracts, powders, and teas. These products are used for various purposes, such as treating benign prostatic hyperplasia (BPH) or serving as natural supplements to promote overall health and reduce inflammation, particularly in menopausal women.

Key Companies Profiled

Nature’s Way; Himalaya Herbal Healthcare; Goodcare Nutraceuticals; Monterey Bay Spice Company; MTC Industries Inc.; Saw Palmetto Berries Co-op of Florida Inc.; Valensa International

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Segmentation of Saw Palmetto Market

On the basis of product type, the saw palmetto market can be segmented as:

  • Dry
  • Partially Dry

On the basis of form, the saw palmetto market can be segmented as:

  • Whole
  • Powder

On the basis of nature, the saw palmetto market can be segmented as:

  • Organic
  • Conventional

On the basis of end use, the saw palmetto market can be segmented as:

  • Dietary Supplements
  • Herbal Medicine
  • Cosmetics and Personal Care Products

On the basis of distribution channel, the saw palmetto market can be segmented as:

  • Direct Sales Channel/ B2B
  • Indirect Sales Channel/B2C
  • Traditional Grocery Stores
  • Specialty Stores
  • Online Retail

On the basis of region, the saw palmetto market can be segmented as:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Tasting Success: The Seafood Flavors Market Set to Reach USD 9.4 Billion by 2033

The seafood flavors market is projected to reach a valuation of USD 6.7 billion in 2023, with expectations to grow to USD 9.4 billion by 2033. This growth represents a compound annual growth rate (CAGR) of 3.5% over the forecast period. Key factors driving the increasing demand for seafood flavors include:

  • Rising demand for novel and innovative seafood offerings in restaurants and hotels
  • Increasing demand for nutrient-dense products in daily diets
  • The growing consumption of ready-to-eat seafood products
  • The growing awareness of the benefits of seafood-based products
  • The swiftly expanding seafood industry

Seafood flavors are becoming increasingly popular due to the rising global demand for seafood products. Their expanding use in food processing—spanning savory dishes, soups, sausages, dips, spreads, and ready meals—is driving market growth. Furthermore, increased health awareness has prompted more consumers to seek out protein-rich and lower-calorie options, boosting the demand for seafood flavors even more.

The seafood flavors market is driven by increasing awareness of seafood’s health benefits and the growing trend of on-the-go consumption. Changing consumer preferences and a heightened demand for convenient, healthy food options have further fueled the market for seafood flavors. In North America, this market is expected to lead during the forecast period, with growth driven by consumers’ preference for authentic, bold, and classic aromatic flavors.

Europe is experiencing significant growth in the seafood flavors market, fueled by the presence of major players and advancements in food industry technology. Meanwhile, the Asia Pacific region is set to capture a substantial share of the market, driven by shifting consumer preferences toward healthier lifestyles and a growing demand for high-protein products. Additionally, the rising consumption of seafood diets in emerging economies like India and China is contributing to this growth.

Seafood flavors are commonly used in products such as sausages, ready meals, soups, spreads, savory dishes, and dips. Their primary application in the food service industry involves preparing a variety of dishes. The expansion of quick-service restaurants globally, especially in developing countries, is significantly boosting the demand for seafood flavors.

Key Drivers of Seafood Flavors Sales

Manufacturers are focusing on securing certifications like Clean-Label and Natural, in addition to providing high-quality flavor profiles, to attract more buyers and consumers to seafood flavors. Most seafood flavor producers are emphasizing natural and authentic flavors. Their efforts are aimed at offering a diverse range of seafood flavors to the food industry and customers, which is expected to boost sales.

Manufacturers are attracting customers by developing a variety of convenience food items with diverse flavors, creating significant global interest.

The global economy has been impacted by the COVID-19 pandemic, which has also affected the food and beverage industry. Among those affected are processed food manufacturers incorporating various seafood flavors, which are currently experiencing heightened demand due to the pandemic.

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Key Manufacturers of Seafood Flavors

Some of the key players involved in the global seafood flavors market are

  • GOGIA CHEMICAL INDUSTRIES PVT. LTD.
  • Firmenich
  • Seafood Flavors A/S
  • Givaudan
  • Adare Food Ingredients Pvt Ltd.
  • Innova Flavors
  • Kanegrade Ltd.
  • NorthTaste Flavourings Ltd.
  • FLAVORCAN INTERNATIONAL INC.
  • Nikken Foods Co., Ltd.
  • Others

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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T: +1-845-579-5705
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Future of Snacking: Healthy Fat-Free Snacks on Track for USD 14.4 Billion Valuation

During the projected period, Healthy Fat-Free Snacks Market is expected to grow at a CAGR of 5.6%. The market value is projected to increase from USD 8.4 billion in 2023 to USD 14.4 billion by 2033.

According to the latest research by Future Market Insights, during the years 2023-2033, the demand for healthy fat-free snacks is expected to expand steadily. Demand for healthy fat-free snacks will slowly rebound in the short-term period, with a promising long-term growth outlook. Health-conscious customers are driving demand for fat-free snacks.

Changing consumer demographics have enhanced the demand for a healthy fat-free snacks market as people nowadays want such snacking options that not only satisfy hunger but also provide health benefits such as a healthy heart, good cholesterol weight management and sugar control.

Thus these crucial health benefits are projected to increase the healthy fat-free snacks market during the forecast period. Increasing lifestyle diseases is among the major reason driving demand for healthy fat-free snacks. Consumers have become conscious about their eating habits and ensure that, by consuming healthy fat-free snacks, which are made up of good quality ingredients and with zero oil and fat content.

The launch of new novel flavours with different combinations by manufacturers is driving the demand for a healthy fat-free snacks market. Youngers are getting attracted to these new product innovations which include plant-based ingredients which are loaded with proteins. New product launches with unique packaging which is environmental friendly are grabbing consumer’s attention and thus propelling the growth of the market.

Work from Home Culture due to Covid-19 to Augment Healthy Fat-free Snacks Sales

As work from home needs more efficiency and recovery, there is nothing like an energy protein bar, which is healthy as well as has no fat that help’s to relieve us from the immediate stress of work while offering mental stimulation. This shift towards healthy no-fat snacks due to work from home culture fueling the demand for healthy fat snacks market.

During the pandemic children spent more time at home therefore snacking had increased, parents opted for giving healthy no-fat snacks to children to avoid the problems of obesity in young children due to excess snacking. Thus work from home culture due to covid-19 is boosting the sales of healthy fat-free snacks.

US and Canada Healthy Fat-free Snacks Market Outlook

The US is one of the largest markets for healthy fat-free snacks market globally. The US healthy fat-free snacks market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to remain muted in the next couple of years, as several end-use industries make a gradual recovery.

Another factor is rising obesity among youngsters and grown-ups a primary driver for launching new healthy fat-free fat snacks products in the market such as baked potato chips, chickpeas puffs in the US and Canada. The presence of key manufacturers in the region is ensuring availability and easy access of products as well as the launch of new products gaining popularity for healthy fat-free snacks market.

Europe Demand Outlook for Healthy Fat-free Snacks Market

Many countries in the EU have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. However, as is the case in the US and Canada, health-conscious consumers in the EU continues to drive demand for a healthy fat-free snacks market.

Despite the COVID-19 challenges, most European countries have maintained a steady growth due to technological advancement in the area of food processing in the region and changing food preference of consumers. Europe is also expected to grow with a lucrative CAGR over the forecast period.

Another factor that is the contributor to the growth of healthy fat-free snacks in Europe is the shift of consumers to the keto diet which strictly follows the regime of low calorie and zero fat content food items. Thus consumers following the keto diet have relief with these tasty yet healthy fat-free snacks.

Who are the Key Manufacturers and Suppliers of Healthy Fat-free Snacks?

Some of the leading manufacturers and suppliers of healthy fat-free snacks include

  • General Mills Inc.
  • Dole Food Company Inc.
  • Sun-Maid Bel Brands
  • Medifast Inc.
  • Mondelez International Inc.
  • L T Foods
  • Danone
  • Green park brand
  • Good Fish
  • Food should taste good
  • Vessels
  • Lytepop
  • Mr Makkana
  • Siggis
  • Too Yum Inc.
  • Himalayan wellness
  • Omay foods
  • Yoga Bars
  • The whole truth
  • Ritebite Max
  • Other

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

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Key Segments of Healthy Fat-free Snacks Market

By Type:

  • Sweet Snacks
  • Savoury Snacks
  • Others

By Nature:

  • Organic
  • Conventional

By Source:

  • Plant-based
  • Animal-based

By Packaging:

  • Bags
  • Boxes
  • Pouches
  • Cans
  • Jars
  • Others

By Distribution Channel:

  • B2B (Direct Sales)
  • B2C (Indirect Sales)
    • Store-based Retailing
      • Supermarket/Hypermarket
      • Groceries
      • Independent Retailers
      • Convenience Stores
      • Service Stations
      • Specialist
      • Others
    • Online Retail

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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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Market Forecast: Soy Nuts Expected to Grow at a 4.2% CAGR Over the Next Decade

A study by Future Market Insights estimates that the soy nuts market will grow at a CAGR of 4.2% during the forecast period. The industry’s value is projected to increase from USD 1,500.4 million in 2023 to USD 2,264.0 million by 2033. As of the end of 2022, the soy nuts market was valued at USD 1,456.7 million.

The global soy nuts market is experiencing rapid growth fueled by the rising demand for plant-based proteins. Soy nuts are gaining popularity among consumers seeking nutritious, portable snacks that can be enjoyed on-the-go. This trend has resulted in increased sales of soy nut products, driving the expansion of the global soy nuts market.

The global soy nuts market has experienced steady growth in recent years, driven by rising consumer demand worldwide. This trend is anticipated to persist as more individuals adopt plant-based diets and prioritize health-conscious choices. To accurately forecast future developments, it is crucial to understand the historical context and current trends within this industry.

Key Takeaways

  • The global Soy Nuts market is projected to grow from USD 1,500.4 million in 2023 to USD 2,264.0 million by 2033, at a CAGR of 4.2%.
  • Demand for plant-based proteins is driving the increasing popularity of soy nuts as nutritious on-the-go snacks.
  • The U.S. dominates the Soy Nuts market with a 33.3% share, valued at $499.6 million in 2023, due to high-quality production and strict regulations.
  • China’s growing health consciousness is boosting the demand for soy nuts, supported by improved product availability.
  • India’s soy nuts market is benefiting from imports and exports, with a projected growth rate of 4.8% CAGR driven by government research and foreign investment.

Competitive Landscape

Competition in the soy nuts segment has intensified as new entrants join the industry and established players launch innovative products to meet consumer demands. This trend highlights potential growth opportunities within the sector, as companies strive to capture a larger market share through product differentiation and innovation. Furthermore, increased consolidation among key players has enhanced efficiency in production processes, resulting in cost savings that can be passed on to consumers.

Key Companies Profiled

Life Health Foods India Pvt. Ltd.

Tate and Lyle

Bergin Nut Company

Agro Fresh

Alpro

Diamond Foods, Inc.

Archer Daniels Midland Co.

Syngenta AG

Richardson International

Sincerely Nuts

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Soy Nuts Market by Category

By Product Type, Soy Nuts Market is segmented as:

  • Deep Fried Soy Nuts
  • Dry Roasted Soy Nuts

By Ingredients, Soy Nuts Market is segmented as:

  • Flavoured
  • Paprika
  • Salted
  • Plain
  • Chocolate covered
  • Yogurt covered
  • Others

By Sales Channel, Soy Nuts Market is segmented as:

  • Convenient Stores
  • Other Retail
  • E-commerce

By Region, Soy Nuts Market is segmented as:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

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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