Market Research Blog – Page 1289 – New Product Development

Naturally Derived Sweeteners Market Expected to Grow at 5.9% CAGR Through 2032, According to FMI

The Naturally Derived Sweeteners Market refers to the industry that deals with the production, distribution, and consumption of sweeteners derived from natural sources. These sweeteners are typically obtained from plants or other natural sources and are used as alternatives to artificial sweeteners, such as aspartame or saccharin.

The naturally derived sweeteners market is anticipated to develop at a CAGR of 5.9% from 2022 to 2032, reaching a worth of USD 9.6 billion in 2022 and surpassing USD 17 billion in 2032.

In recent years, the global natural sweeteners market has seen increasing trends. The growth of this industry is primarily driven by an increase in consumer health consciousness, which encourages demand for healthier food options, an increase in demand for natural sweeteners due to a shift in consumer preferences toward organic products, and a growing demand for alternatives of sugar in a variety of food and beverage applications.

Ascending consumer awareness about the consumption of naturally derived food ingredients is expected to continue underpinning the demand for naturally derived sweeteners over the upcoming years. Being perceived as a potential replacement to conventional sugars, naturally derived sweeteners are likely to demonstrate promising consumption through the next decade. High traction for plant-based sweeteners or those sweetening agents that contain only naturally sourced ingredients is expected to create several opportunities in the consolidated marketplace of naturally derived sweeteners. Furthermore, several governments are extending financial support to encourage natural ingredient cultivation, creating a favorable scenario for farmers especially in developing countries.

Competition Landscape: Top Modified Naturally Derived Sweeteners Manufacturers

According to the market research E. I. du Pont de Nemours Company, Archer Daniels Midland Company, Merisant Company, Tate & Lyle PLC, Cargill, Madhava Natural Sweeteners, PureCircle Limited, Herboveda India Pvt. Ltd.

GLG Lifetech Corporation Wisdom Natural Brands (SweetLeaf Stevia), are among the key players in the naturally derived sweeteners market.

Because of the rising prevalence of diabetes and obesity among consumers around the world, there is a significant increase in demand for low-calorie and sugar-free products, which is expected to boost the growth of the Naturally Derived Sweeteners Market.

Global Naturally Derived Sweeteners Market Segmentation

By Product Type:

Stevia
Palm Sugar
Coconut Sugar
Honey
Maple Syrup
Monk Fruit Sugar
Agave Syrup
Lucuma Fruit Sugar
Molasses
Natural Sweetener Blends

By Form:

Powder
Liquid
Crystals

By Nature:

Organic
Conventional

By End Use:

Food
- Bakery Goods
- Sweet Spreads
- Confectionery
- Dairy Products
- Canned Food
- Others
Beverages
- Powdered Drinks and Mixes
- Carbonated Drinks
- Fruit Drinks & Juice
- Others
Personal Care
Pharmaceuticals
Tabletop Sweetener

Sales Channel:

Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
Online Sales Channel
- Company Website
- E-commerce Platform

Region:

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

Unlock the secrets of the Naturally Derived Sweeteners Market! Purchase now and delve into the intricacies of each segment. https://www.futuremarketinsights.com/checkout/7240

Frequently Asked Questions

How much is the naturally derived sweeteners market current worth?
At what CAGR is the market expected to grow?
How was the performance in the last five years?
What is boosting naturally derived sweeteners sales?
How are market players reacting to the new developments in the market?
How much share does the top 5 companies hold?
Which are the major countries driving demand for naturally derived sweeteners?
Who are the major players in naturally derived sweeteners market?
What outlook does East Asia provide?
At what rate will the U.S. naturally derived sweeteners market grow?

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:

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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Rising Health Consciousness Fuels Vitamin C Ingredients Market Growth at 5.6% CAGR Through 2033

According to an industry report, the vitamin C ingredients Market is expected to generate US$ 2,704 million by 2023. Estimates indicate the market is forecast to reach US$ 4,657.5 million between 2023 and 2033, representing a CAGR of 5.6%. The rising incidence of cardiovascular diseases and increasing demand for skin care products are expected to drive the market for vitamin C ingredients.

Companies that manufacture food, beverages, and dietary supplements may experience fluctuations in demand due to changes in consumer preferences, health trends, and research on its benefits. Since Vitamin C is a well-known antioxidant and contributes to the immune system, it has historically been in high demand. Water-soluble vitamins like this need to be replenished regularly through diet or supplements in order for the human body to store them. In addition to being found in many fruits and vegetables, vitamin C is also commonly found in food and beverage products, cosmetics, and dietary supplements.

Several studies have suggested that vitamin C can be beneficial to heart health, especially when consumed in moderation. In addition to lowering blood pressure and reducing LDL cholesterol, it improves endothelial function, the key to a healthy circulatory system. Increasing stress levels and the occurrence of cancers are expected to grow the demand for vitamin C ingredients in the market. In studies, it has been proven that high doses of vitamin C could reduce the body’s stress response and reduce overall cortisol production.

Key Takeaways from the Market Study

Between 2023 and 2033, the vitamin C ingredients market is likely to experience a CAGR of 5.6%.
Based on the report, the vitamin C ingredients market experienced a growth rate of 2.4% between 2018 and 2022.
The United States held 22.8% of the vitamin C ingredients market share in 2022.
With strong growth over the past few years, China accounted for a 7.9% CAGR in 2022.
According to estimates, Japan held a market share of 3.6% in 2022.
A 4% share of the global market for vitamin C ingredients was contributed by the German market in 2022.
By 2022, the United Kingdom represented a 3.8% revenue share in the vitamin C ingredient sales in the market.

“With chronic diseases on the rise and new products entering the market, the market is expected to see a growth in demand for vitamin C ingredients. Increasing demand for natural food ingredients combined with an increase in pharmaceutical and cosmetics demand will drive the market to grow,” says an FMI analyst.

Competitive Landscape

Vitamin C ingredients companies are engaging in various partnerships and collaborations to expand their business and gain synergistic benefits. As vitamin C ingredients are mostly used in bakery products, jams, and medicine along with sports nutrition, players in the vitamin C ingredients market are focusing their product offerings on food and beverage and pharmaceutical companies.

In April 2023, Unilever introduced a topical formula that uses vitamin C and olivine extract to promote youthful, vibrant skin. Unilever claims that the leave-on formula contains vitamin C dissolved in sodium ascorbyl phosphate and a olivine mineral extract that improves skin tone, skin brightness, and masks visible signs of aging. Formulas could be manufactured as liquids, lotions, creams, foams, and sticks, but serums and essences were ideal.

Know More about What the Vitamin C Ingredients Market Report Covers

Future Market Insights offers an unbiased analysis of the global vitamin C ingredients market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the vitamin C ingredients market, the market is segmented based on product type, form, source, process, and end-use industry type across six major regions.

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Vitamin C Ingredients Market by Category

By Product Type:

Ascorbic Acid
- Ascorbic Acid 90% Granulation
- Ascorbic Acid 95% Granulation
- Ascorbic Acid 97% Granulation
Sodium Ascorbate
Calcium Ascorbate
Coated Vitamin C
Others

By Form:

Powder
Granules
Others

By Source:

Natural
Synthetic

By Process:

Reichstein Process
Two-Stage Fermentation Process

By End-Use:

Food & Beverages
Cosmetics & Personal Care Products
Pharmaceuticals
Animal Feed

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia

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:

Global Phycocyanin Market Set to Hit USD 1.49 Billion by 2033, Reports Future Market Insights Inc.

The anticipated value of the worldwide phycocyanin market in 2022 was US$ 754.40 million. The market is anticipated to reach US$ 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances.

Phycocyanin is a natural blue pigment derived from certain species of blue-green algae, also known as cyanobacteria. It is widely used in various industries, including food and beverages, pharmaceuticals, cosmetics, and agriculture, due to its unique properties and potential health benefits.

The benefits of phycocyanin, a substance produced from spirulina, in terms of nutrition and color are driving tremendous expansion in the food and beverage industry. The pigment is mostly used as a natural coloring addition in the food industry. Its use as an additive for food coloring has received permission from the U.S. Food and Drug Administration (FDA).

The organically produced pigment can be used as a nutraceutical component since it has antioxidant activity both in vitro as well as Vivo. Many countries forbid the import and export of items that include artificial food colors, which is assisting the phycocyanin industry’s growth.

Phytocyanin is one of the few naturally generated blue hues acknowledged in Europe, Asia and North America. Its use as coatings for pharmaceuticals and nutritional supplements was also permitted a few years ago. Spirulina extract is exempted from certification by the U.S. FDA Code of Federal Regulations since it has been approved as a color additive. It is produced by sifting spirulina platensis dry biomass and separating it with water.

Increasing the patent manufacturing process of these substances to ensure a stable supply of pigments, strengthening distribution channels, and increasing consumer awareness of the various benefits of natural components, particularly in emerging markets, may further contribute to worldwide expansion.

Key Takeaways from the Market Study

Global phycocyanin market is expected to be valued at US$ 785 million by 2023
From 2018 to 2022, the market demand expanded at a CAGR of 2.7%.
From 2023 to 2033, the United States market for phycocyanin is projected to account for about 20% of global market share.
By form type, the powder segment was estimated to acquire 76.9% share in 2022.
On the basis of grade, the E18 food grade segment acquired a 56.9% market share in 2022.

“The phycocyanin products are gaining traction due to its natural origin, health benefits and application across a wide range of sectors.” Remarks an FMI analyst.

Competitive Landscape

Prominent players in the phycocyanin market are Cyanotech Corp, DDW Inc., DIC Corporation, Dongtai City Spirulina Bio-Engineering Co., Ltd., Fuqing King Dnarmsa Spirulina Co., Ltd., GNT Holding B.V., Sensient Technologies Corp., Parry Nutraceuticals Limited, Döhler GmbH, Naturex S.A., Naturalin Bio-Resources Co., Ltd, Far East Bio-Tec Co., Ltd., Fraken Biochem Co., Ltd. and others.

Some key developments of the leading companies in this market are:

A cooperative study into the impacts of the naturally occurring blue pigment phycocyanin obtained from DIC-cultivated Spirulina will be launched in 2022, according to an announcement made by DIC Corporation, Leave a Nest Co., Ltd and Innoqua Inc.
Innoqua’s core “environmental transfer technology,” which enables the recreation of particular marine ecosystems in enclosed environments (aquariums), will be used by DIC and Innoqua to raise corals and evaluate the efficacy of phycocyanin in preventing coral bleaching with the help of Leave a Nest.
The research will examine whether phycocyanin’s antioxidant qualities and its ability to block particular wavelengths of light when dispersed in seawater are effective in preventing coral bleaching, in addition to whether corals that absorb phycocyanin produce red fluorescence and do so in order to reduce the stress caused by solar radiation.

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More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global phycocyanin market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033. The following are the key segments profiled in the Global Phycocyanin Market Report.

By Nature:

Organic
Conventional

By Form:

Powder
Liquid

By Grade:

Phycocyanin E18
Phycocyanin E25
Phycocyanin E3.0

By Application:

Food & Beverage
Cosmetics & Personal Care
Nutraceuticals
Animal Feed
Aquaculture

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

About Future Market Insights (FMI)

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Smart Packaging Solutions is Pushing Product Authentication and Brand Protection toward a US$ 6.5 billion Market Valuation by 2034

The authentication and brand protection market is poised for significant growth, with its size expected to increase from US$ 2.9 billion in 2024 to US$ 6.5 billion by 2034. Over the next decade, a promising 8.3% CAGR in the adoption of authentication and brand protection is projected to drive this expansion.

The market is set to grow because more people are embracing upscale living due to rapid urbanization and industrialization. As consumer goods, electronics, personal care, cosmetics, and healthcare sectors thrive, so does the risk of theft, counterfeiting, and brand infringement. The expansion of these industries fuels the demand for robust authentication and brand protection measures to safeguard against such activities, making it a key driver for market growth.

The authentication and brand protection market is primed for expansion due to the explosive growth of the eCommerce industry. With a solid internet infrastructure and a growing preference for digital platforms among consumers, eCommerce has flourished globally. As more brands flock online to reach a wider audience, it has opened doors for counterfeiters to replicate products. This has spurred the demand for advanced brand protection measures. The surge in online activity and the escalating risk of fraud amplify the demand for technologies and solutions that safeguard brands from counterfeiters. This, in turn, drives the market for authentication and brand protection.

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North America, particularly the United States, is poised to lead the authentication and brand protection market. The explosive growth of eCommerce has transformed the shopping landscape, but it has also led to an increase in pirated and counterfeit products in the region. Counterfeiters exploit eCommerce supply chains, from marketing to distribution channels, which has become a key catalyst for the surge in demand for authentication and brand protection solutions in North America.

“Recent technological advancements like blockchain, advanced machine learning, and holographic labels are revolutionizing brand protection. These innovations offer robust authentication solutions, ensure product integrity, and thwart counterfeiters. With additional authentication technologies such as RFID tags, QR codes, and digital watermarking, the future of authentication and brand protection market expansion is poised for exponential growth.” according to the chief analyst at FMI.

Key Takeaways from the Authentication and Brand Protection Market

Between 2019 and 2023, the authentication and brand protection industry recorded a CAGR of 10.5%.
The United States dominates the authentication and brand protection industry with a projected 8.4% CAGR from 2024 to 2034, driven by the increasing adoption of advanced anti-counterfeiting technologies and the rising awareness among consumers about the importance of genuine products.
China’s authentication and brand protection industry is projected to follow closely, with an estimated 8.7% CAGR through 2034, attributed to the government’s efforts to combat counterfeit goods and massive investments in cutting-edge authentication technologies.
The authentication and brand protection market in the United Kingdom is likely to show a 9.6% CAGR between 2024 and 2034, influenced by increasing regulatory scrutiny and the integration of innovative technologies to combat counterfeit goods and safeguard brand reputation.
Japan’s authentication and brand protection industry is projected to develop at 9.8% CAGR through 2034, propelled by stricter enforcement of intellectual property laws and advancements in authentication technologies.
The South Korea authentication and brand protection industry is likely to exhibit a 9.5% CAGR from 2024 to 2034, impacted by the government’s initiatives to tackle counterfeit goods and the growing demand from consumers for genuine products.

Key Players’ Strategies for Success in the Authentication and Brand Protection Market

Here are some key strategies that players in the authentication and brand protection industry employ for success:

Embrace leading-edge authentication technologies to stay ahead
Foster international partnerships to address cross-border counterfeiting challenges effectively
Comply with regional and global regulations governing brand protection and authentication
Utilize data analytics to detect patterns and trends
Build a strong brand identity that communicates trust and authenticity to consumers
Implement secure authentication measures throughout the entire supply chain to minimize vulnerabilities

Recent Developments in the Authentication and Brand Protection Market

Giesecke + Devrient (G+D) launched a new authentication system called SIGN in August 2022 to combat counterfeiting and product and trademark piracy. SIGN utilizes cutting-edge micro-optics technology to provide quick and easy product identification.

Antares Vision and Edgyn teamed together in August 2022 to provide a complete authentication solution that is going to help in the fight against counterfeiting in the pharmaceutical sector.

Key Segments in the Authentication and Brand Protection Market Report

By Technology:

Overt
Covert
Digital
Forensic

By Authentication Mode:

Smartphone
Blockchain

By Offering:

Security Labels and Inks
Holograms
Barcodes
RFID/NFC
Authentication Chips
QR Codes

By Application:

Electronics
Pharmaceuticals
Automobile
Food & Beverage
Apparel
Luxury Goods
Cosmetics
Others

By Region:

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

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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. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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 Colostrum Market Set to Reach USD 6,923.5 million by 2034, Driven by Strong Demand

The colostrum market is set to experience significant transformation, driven by rising demand across various sectors. With its numerous health benefits, colostrum is attracting interest from a range of industries. The market is estimated to be worth USD 3,179.5 million in 2024 and is projected to reach USD 6,923.5 million by 2034, growing at a compound annual growth rate (CAGR) of 8.1% during this period.

Colostrum’s appeal spans across multiple uses—from providing immune-boosting benefits for infants in formula to supporting adults through dietary supplements and rejuvenating skin with its antioxidant-rich properties in cosmetics. As awareness of its remarkable health benefits spreads, the colostrum market is anticipated to have a lasting impact on global well-being.

Key Takeaways:

The United States leads the global colostrum market, holding 21.1% of the total share. This dominant position is attributed to factors such as a developed healthcare system, a robust market for nutritional supplements, and growing awareness of colostrum’s health benefits.
Germany accounts for 8.5% of the market, driven by the country’s reputation for high-quality healthcare products, strong research and development capabilities, and a health-conscious population.
Japan holds a 9.4% share in the global colostrum market, reflecting its importance in the global economy. High demand for colostrum products is fueled by Japan’s advanced healthcare system, focus on innovation, and aging population, as colostrum is valued for its ability to enhance immune health and overall well-being.
Australia holds a 2% share of the colostrum market. The country’s strong agricultural resources, strict quality control standards, and emphasis on natural and organic products contribute to its presence in the market. Australia’s reputation for producing high-quality colostrum products attracts consumers seeking premium and reliable sources.

Colostrum Market Competitive Landscape:

The colostrum industry is highly competitive, influenced by raw material availability, strict regulations, and rising demand. Limited cow colostrum supply and production standards create barriers for new entrants, driving the need for strategic growth approaches.

NOW Health Group, Inc.: A US-based dietary supplement leader known for quality colostrum products and innovative marketing.
APS Biogroup: A top European supplier focused on R&D and strong distribution across Europe.
Sovereign Laboratories: A leading US manufacturer recognized for high-quality products and excellent customer service.
Genceutic Naturals: An Indian manufacturer known for innovation and affordability in colostrum products.

Key Developments:

The colostrum products market experiences growth driven by increasing awareness among pet owners about the immune-boosting and digestive health benefits of colostrum, leading to elevated demand for pet supplements and specialty foods in the expanding pet health and wellbeing industry.
Colostrum gains traction in sports nutrition due to its potential to enhance athletic performance, reduce exercise-induced inflammation, and aid muscle recovery, driven by its rich nutritional profile and immune-boosting properties, presenting exciting prospects for product development and commercial growth in the sector.

Key Players in the Colostrum Market Include:

Colostrum BioTec GmbH
Zuche Pharmaceuticals
Good Health New Zealand
Biodane Pharma A/S
Ingredia Nutritional (Ingredia S.A.)
Agati Healthcare Pvt. Ltd.
McePharma
Cure Nutraceuticals Pvt. Ltd.
Australian by Nature
NIG Nutritionals Limited
Biotaris B.V.
La Belle Inc.
Sterling Technology
Biostrum Nutritech Pvt. Ltd.
Pantheryx Inc.

Colostrum Industry by Category:

By Nature:

Organic
Conventional

By Product Type:

Whole
- Whole Colostrum Powder
- Skim Colostrum Powder
- Specialty Colostrum Powder
Colostrum Finished Products
- Capsules
- Chewable Tablets
- Individual Sachets
- Specialty Formulated Products

By End-use:

B2B
- Dietary Supplements
- Sports Nutrition
- Functional Foods
- Animal Nutrition
- Cosmetics
- Infant Formula
- Pharmaceuticals
B2C
- Store-based Retail
- Online Retailing

By Animal Type:

Cow
Buffalo

By Region:

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

Report preview: https://www.futuremarketinsights.com/reports/colostrum-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 Diabetic Food Market to Reach USD 17.89 Billion by 2034, Growing at 8.3% CAGR

The global diabetic food market is projected to grow from USD 12,000 million in 2024 to USD 17,891 million by 2034, with a CAGR of 8.3% over the next decade.

Several factors are expected to drive this growth, including the rising prevalence of diabetes, increasing health awareness, and changing dietary habits.

An unhealthy diet poses a significant health risk, particularly for managing conditions like type 2 diabetes. As a result, consumers with diabetes are turning to specialized diabetic foods to help manage their condition.

In the competitive diabetic food market, grocers and fresh food producers are not only focusing on price but also on flavor and presentation. Companies are investing in research and development to create diabetic-friendly products that taste good and appeal to consumers.

Governments are supporting this shift by taxing high-sugar products, making healthier alternatives more cost-effective. Additionally, the trend towards natural and organic diabetic foods is gaining traction.

Companies are also developing plant-based diets to help manage diabetes, with researchers exploring future strategies for more sustainable and simplified diabetes management. Leading brands are prioritizing ethical and sustainable production practices to align with current market trends.

Key Takeaways from the Diabetic Food Market Report

The diabetic food industry is projected to total USD 17,891 millionby 2034.
By product type, the confectionery segment is projected to acquire a 4%share in 2024.
Based on distribution channel, the supermarkets and hypermarkets segment is anticipated to obtain a value share of 32%in 2024.
The United States is projected to account for a value share of 4% in 2024.
China is poised to register a CAGR of 2%through 2034.

Who is Winning?

Key players are innovating and expanding their diabetic-friendly food offerings. New textures, flavors, and formulations are being explored to serve the evolving tastes and dietary requirements of diabetic patients. Various manufacturers have also started using alternative sweeteners, high-fiber content, and low-glycemic ingredients to improve products’ appeal and nutritious content.

Industry participants are engaging in partnerships with other companies, research institutions, and healthcare providers to create new products. Partnerships between these entities also aim at developing educational campaigns about diabetes and expanding into new markets.

Players are further employing effective branding and marketing strategies to pull the attention of diabetic patients. Manufacturers are differentiating their products via packaging designs, branding initiatives, and targeted messaging that resonate with the target audience.

Report Preview: https://www.futuremarketinsights.com/reports/diabetic-food-market

Leading Diabetic Food Brands

Unilever
Nestlé
PepsiCo
The Coca-Cola Company
Kellogg Co
Mars Incorporated
FIFTY/50 MANAGEMENT GROUP
Chapman’s
Others

Latest Industry Developments

In January 2024, Rebar launched diabetic-friendly beverages in collaboration with DMC Medical Center. The new beverage series is based on fruit sugar and has over 25% reduced carbs.
In January 2024, Shwapno, a renowned chain of retail shops in Bangladesh, inaugurated a service called ‘Diabetic Corner’ to offer more facilities for consumers and create mass awareness about diabetes.

Key Segments of Diabetic Food Market Report:

By Product Type:

Based on product type, the sector is divided into dietary beverages, dairy products, baked products, ice cream and jellies, and confectionery, among others.

By Distribution Channel:

Various distribution channels for diabetic food include supermarkets and hypermarkets, specialty stores, grocery stores, online stores, and others.

By Region:

The diabetic food is sold across North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

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 Men’s Underwear Market: Poised to Surpass USD65.3 Billion by 2033, Growing at 5.3% CAGR

The men’s underwear market will grow at approximately ~4% CAGR between 2021 and 2031. In 2020, the overall sales of men’s underwear totalled US$ ~10 Bn .As per FMI, the men’s underwear market holds a share of ~1% in the overall apparel market. Besides innovation in designs, the market is gearing to witness the launch of electronic underwear, designed particularly for elderly patients.

The electric no-show brief provided by the company comes with an electric waistband that gleams and shines in the most subtle way. The underwear is the supportive and comes in various shades, which makes them more fashionable. With the help of modern machinery, the underwear is designed innovatively so that it has stitching on its sides and a center seam for more comfort and space.

Rising prevalence of various health issues such as bedsores or pressure ulcer expects will result in high sales of electronic underwear to help improve mobility especially, among the elderly population. For instance, 2exist provides with men’s hot underwear, which is stunning in both ways- fashion and function wise.

Customers suffering from health issues look for easy and comfortable solutions. This is expected to boost the sales in the men’s underwear market. In addition to this, investment towards research to fashion inner garment for the comfort of patients will encourage innovations in the market.

Key Takeaways from the Men’s Underwear Market Study

Based on material type, linen-made men’s underwear is likely to remain highly sought-after owing to the rising demand for luxurious and premium underwear among men.
As per analysis, demand for boxer shorts is expected to grow at a CAGR of over 5% over the forecast period.
Sales via multi-brand stores will pick up in the coming years.
Demand in the U.S. is expected to grow by 3% CAGR between 2021 and 2031.
Sales of men’s underwear will pick up pace at 5% CAGR in the U.K.

Impact of COVID-19 on the Market

The sudden outbreak of the COVID-19 has transformed the growth factors for various industries. The implementation of work from home trend has led to the rise of awareness regarding personal health among individuals, which is further driving the interest of customers towards premium and comfortable innerwear that have new designs and are stylish at the same time.

On the flip side, strict regulations imposed on the movement of individuals in commercial areas, lack of trading between countries led to plummeting sales for a short period of time. However, with time, the men’s underwear market is likely to bounce back, exhibiting a steady growth through the course of the forecast period.

Who is winning?

Leading manufacturers of men’s underwear are adopting aggressive promotional strategies and advertisements to driven sales. Leading players present in the men’s underwear market are Hanesbrands Inc., Philips-Van, Heusen Corporation, Ralph Lauren Corporation, Jockey International Inc., American Eagle, Outfitters Inc., Iconix Brand Group Inc., J.C. Penney Corporation Inc., Under Armour, Inc., RibbedTee Company, Ramblers Far, Inc., Levi Strauss & Co., Perry Ellis International Inc., and Naked Brand Group Inc. among others.

Key Segments Profiled

By Material:

Cotton

Wool

Silk

Polyester

Rayon

Linen

Nylon

Others

By Category:

Regular Brief

Boxer Brief

Boxer Shorts

Trunks

Thongs

By Sales Channel:

Wholesalers/ Distributors

Hypermarkets/Supermarkets

Specialty Stores

Multi-brand Stores

Online Retailers

Others

By Price Range:

Below US$10

US$ 10 to US$ 20

US$ 20 to US$ 30

US$ 30 & Above

By Age Group:

15 to 25

26 to 35

36 to 45

46 to 55

56 to 65

65+

By Size:

XXL

XXXL

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 ~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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Global Dietary Supplement Market to Reach USD 170.1 Billion by 2034, Growing at 9.5% CAGR

The global dietary supplement market is set for significant growth, projected to reach approximately USD 170.1 billion by 2034, with a steady CAGR of 9.5% from 2024 to 2034. By the end of 2024, the market is expected to hit USD 74.3 billion, fueled by key trends shaping the industry.

Key Trends in the Dietary Supplement Market

A major trend driving growth is the rising demand for probiotics and prebiotics aimed at improving digestive health. Regulatory changes by government agencies worldwide, particularly in food laws, are expected to impact product claims and labels, influencing consumer decisions. Additionally, the increasing popularity of sports nutrition supplements among athletes and bodybuilders, known for enhancing endurance and strength, is contributing to the market’s expansion.

Market Dynamics and Growth Factors

Probiotics and Prebiotics: The rising awareness of gut health and the benefits of probiotics and prebiotics is driving demand. Consumers are increasingly seeking products that support digestive health and overall well-being.
Sports Nutrition Supplements: With a surge in the number of health-conscious individuals and athletes, there is a growing demand for supplements that enhance physical performance. Sports nutrition supplements are gaining traction for their ability to support muscle growth, endurance, and recovery.
Government and Private Sector Initiatives: Various government NGOs and private organizations are creating awareness about the nutritional benefits of vitamins and minerals, further boosting market demand. These initiatives are particularly focused on reducing nutrient deficiencies among different population segments.
Natural Health Supplements: There is an increasing preference for natural health supplements among consumers, especially sports enthusiasts. These supplements are sought after for their ability to reduce wear and tear, enhance muscular strength, and restore energy levels.

Herbal Supplement Market Insights

The use of dietary supplements among young athletes to decrease body fat, enhance muscle tone, and manage weight is projected to accelerate market growth. Multivitamin and mineral supplements are gaining traction due to the need for essential nutrients among athletes engaged in rigorous exercise. The consumption of multivitamin supplements helps safeguard health and fill nutritional gaps caused by dietary preferences, food allergies, or restrictive diets.

Innovations and Technological Advancements

The dietary supplement market is also benefiting from innovations in microencapsulation and nanoencapsulation technologies. These advancements allow manufacturers to add specialty ingredients to their products, catering to the rising demand for scientifically proven supplements. Microencapsulation technology ensures a proper supply of vitamins and minerals in one’s diet, making it possible to fortify staple food items in developing countries where affordability is a concern.

Country-wise Insights

The US dietary supplement market is expected to witness a CAGR of 6.7% through 2034. Factors such as the prioritization of holistic wellness, increasing consumer interest in supplements for overall well-being, and stringent safety standards by the FDA are driving growth.
China is projected to showcase a CAGR of 7.8% during the evaluation period, driven by government regulations, growing consumer awareness, and the rising geriatric population.
The dietary supplement market in Australia is anticipated to expand at a steady CAGR of 8.4% from 2024 to 2034, fueled by the high influx of tourists, a wellness-focused culture, and the availability of herbal supplements.

Key Takeaways:

Market Valuation: The global dietary supplement market is expected to reach approximately USD 170.1 billion by 2034.
Growth Rate: The market is projected to grow at a steady CAGR of 9.5% between 2024 and 2034.
2024 Projection: By the end of 2024, the market is estimated to reach a valuation of USD 74.3 billion.
Industry Trends: Growth is driven by rising demand for probiotics, prebiotics, and sports nutrition supplements.

Report Preview: https://www.futuremarketinsights.com/reports/dietary-supplements-market

Competitive Landscape

Key players in the dietary supplement market are BASF SE, Abbott Laboratories, Bayer AG, Glanbia Plc, Royal DSM N.V., Now Health Group, Inc., Herbalife International, Amway Corp., ADM, Arkopharma, GlaxoSmithKline plc, and Ayanda.

Leading manufacturers are focused on developing high-quality dietary supplements, coupled with offering gluten-free products with high nutritional value. The increasing demand for value-added products in several countries is expected to create new opportunities.

Recent Dietary Supplement Market Developments

In January 2024, BioAdaptives Inc., a prominent manufacturer and supplier of innovative, all-natural dietary supplements, announced the launch of a specialized research and development Food Lab. It is dedicated to the development of natural powder products and treats for animal and human consumption.
In January 2024, Smart Protein, which is part of The Original Fit Factory’s wellness chain of products and services, announced the launch of an all-new, high-quality active wellness supplement across 142 Tesco stores in the United Kingdom.

Dietary Supplement Market Outlook by Category

By Form:

Soft Gel (Capsule)
Gummies
Powders
Liquid
Bars
Others

By Ingredients:

Vitamin
Minerals
Botanical Supplements
Amino Acid
Others

By Application:

Weight Management
Immune & Digestive Health
General Health
Heart Health
Sports Nutrition
Brain/Mental Health
Bone & Joint Health
Others

By End-user:

Children
Women
Men

By Sales Channel:

Store-based Retailing
- Hypermarkets/Supermarkets
- Conventional Stores
- Drug Stores & Pharmacies
- Other Retailers
Online Retailing

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
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 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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Middle East Flooring and Carpet Market to Reach USD 21.5 Billion by 2033, with a 7.8% CAGR

In 2022, the Middle East flooring and carpet market was valued at USD 9.43 billion, with projections indicating it will reach USD 10.17 billion by the close of 2023. Over the forecast period, the market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.8%, ultimately reaching USD 21.52 billion by 2033.

The study delves deeply into the intricacies of Middle Eastern markets, presenting key statistics linked to market trends and consumer behavior. According to their analysis, the Middle Eastern flooring and carpet industry is set for significant growth in the forecasted period. With a rich heritage of weaving originating in this region, the market offers a diverse range of products. As the Middle East emerges as a prominent tourist destination, its real estate sector is also experiencing rapid expansion, further fueling the demand for flooring and carpets.

The report delves deep into the darkest corners of the markets spread across the Middle East and tables some very crucial and futuristic data which are close-knitted with the genetic behaviour of the market. The report says that the Middle East flooring and carpet market will grow manifold within the forecast period. Within the assessment period the market will shine and rise it will record more than 5% CAGR.

Key Industry Trends and Highlights

Sales via Online Retail Stores: Flooring and carpet companies are increasingly investing in user-friendly websites and e-commerce systems to cater to the growing online consumer base.
Personalization and Customization: Consumers are seeking unique carpeting and flooring options that reflect their personal style and brand identity, applicable in both residential and commercial settings.
Innovative Flooring Solutions: The integration of technology into flooring solutions enhances functionality. Examples include embedded heating systems for added comfort, connectivity with lighting systems for ambiance control, and interactive design elements that respond to pressure or touch.

Key Players Are:

Al Sorayai Group
Abu Dhabi National Carpet Factory
Mac Carpet
Prado Egypt For Carpet
Gheytaran Carpet
Oriental Weavers
Standard Carpets Ind. LLC.
Saida Carpets
Dormina
Al Mira Carpet Factory
Abdullatif Carpets

The major stakeholders of the market are steadily revamping their manufacturing policies to meet the elevated environment-friendly standards issued by the government. As per the application type, the market is fragmented into commercial, residential offices, hospital and healthcare, industrial application, automotive and retail. Several raw materials are used in this market and they are Polypropylene, polyester, other materials and nylon. The rise of the new luxury conscious customers, expanding the economy of the region and expanding demand for these products in educational institutes, hospitals and hospitality will drive the market forward in within the assessment period predicts the report.

Segment Analysis

The nylon section will dominate more than 40% of the market share until the end of 2016 apart from this the other material segment of the market will also contribute significantly to the growth of the Middle East flooring and carpet market
The residential segment will push the market ahead in 2016. The automotive application and hospitality segment will also show positive results in the assessment period

Key Segments Covered in the Middle East Flooring and Carpet Ecosystem

By Product Type:

Carpets
Tufting
Woven
Rugs
- Accent Rugs
- Area Rugs
- Others Rugs
Artificial Grass
Carpet Tiles
Vinyl Flooring
Laminate Parquet Flooring

By Material:

Polypropylene
Nylon
Polyester
Others

By Application:

Residential
Commercial offices
Retail
Hospitality
Healthcare and Hospitals
Education Institutes
Automotive
Industrial
Others

By Country:

Saudi Arabia
The UAE
Egypt
Turkiye
Iran
Qatar
Oman
Kuwait
Bahrain
Jordan
Rest of Middle East

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 ~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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Asia Pacific Functional Food Ingredients Market to Reach USD 4.34 Billion by 2033, Growing at 6.9% CAGR

The Asia Pacific Functional Food Ingredients Market is valued at USD 4.2 billion in 2023 and is projected to reach USD 4.34 billion by 2033, growing at a 6.9% compound annual growth rate (CAGR) during the forecast period. Key factors driving this growth include increasing demand for clean-label products, evolving food and beverage regulations, and growing consumer awareness.

Urbanization and rising affluence have led to a lifestyle marked by calorie-dense food choices and reduced physical activity, contributing to health issues such as obesity, diabetes, and gastrointestinal problems. These health concerns are expected to fuel further market expansion in the coming years.

Modern lifestyles have also been linked to psychological issues like depression, cognitive impairment, and inattention. As a result, there is a growing focus on consuming nutrient-rich foods to combat these ailments, creating significant opportunities in the functional food ingredients industry.

Health-conscious younger generations are increasingly recognizing the importance of adding nutritious foods to their diets, driving revenue growth in this market. Additionally, as demand for gluten-free and GMO-free products rises, manufacturers are focusing on developing functional food ingredients free from artificial flavors and preservatives.

North America leads the functional food ingredients market, accounting for the largest share, driven by the growing availability and popularity of functional foods and beverages in restaurants and dining establishments.

Key Takeaways

North America is predicted to grow at a CAGR of 7.8% over the forecast period.
The United States functional food ingredients market is expected to grow at a CAGR of 8.6% over the forecast period.
Asia Pacific functional food ingredients market is projected to grow at a CAGR of 7% during the forecast period.
The Chinese functional food ingredients market is expected to rise at a quick CAGR of 10.5%.
The Japanese functional food ingredients market is estimated to expand at a CAGR of 6.2% over the forecast period.
The European functional food ingredients market is likely to expand at a CAGR of 5.5% through 2033.
Germany is anticipated to witness a CAGR of 5.7% over the forecast period.
The United Kingdom functional food ingredients market is estimated to grow at a CAGR of 3.14% through 2033.
The natural segment is anticipated to grow at a CAGR of 8.1% over the forecast period.
The food and beverage segment is estimated to hold 42.8% of the market share during the forecast period.

Keyword Market Growth and Forecast to 2033:

Competitive Landscape

Key players operating in the wearable band market are Cargill, ADM, Kerry Group, British Foods PLC, Cargill Incorporated, Archer Daniels Midland Company, BASF SE, DMH Ingredients, Ajinomoto Co. Inc., Ingredion Incorporated, E.l. Du Pont De Nemours and Company, Arla Foods, Koninklijke Dsm N.V. and others.

These businesses have employed a range of strategies to increase their market share for functional food components. They have employed both organic and inorganic growth techniques, such as new product releases, acquisitions, corporate expansions, and partnerships, to expand their customer base and raise revenue.

Report Preview: https://www.futuremarketinsights.com/reports/asia-pacific-functional-food-ingredients-market

Recent Developments

In November 2021, ADM captured Deerland Probiotics & Enzymes to meet consumer demand for functional food ingredients for the development of new products.

In August 2019, Urlick & Short developed a variety of organic starch and proteins for the bread industry that incorporate functional food components to increase the nutritional content of the food items in which they are used.

Key Segmentation of the Functional Food Ingredients Market

By Type:

Probiotics
Prebiotics
Proteins and Amino Acids
Phytochemicals and Plant Extracts
Omega-3 Fatty Acids
Carotenoids
Fibers and Specialty Carbohydrates

By Source:

Natural
Synthetic

By Application:

Food and Beverage
Dairy Products
Bakery and Confectionery
Animal Feed

By Purpose:

Weight Management
Digestive Health
Cardio Health

By Region:

North America
Latin America
Europe
East Asia
South Asia & ASEAN
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 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