Market Research Blog – Page 1317 – New Product Development

Global Maltodextrin Market to Hit USD 6.58 Billion by 2034, Driven by Rising Demand in Sports Supplements and Energy Drinks

The global maltodextrin market is evaluated to be sized at USD 4,134.20 million in 2024. During the period from 2024 to 2034, the market is expected to progress at a solid clip, registering a CAGR of 4.8%. By 2034, the maltodextrin market is anticipated to have reached a value of USD 6,583.00 million.

Maltodextrin is gaining traction in the food & beverages industry. It is extensively being used as thickener, stabilizer, and filling agent for manufacturing various products such as soft and instant drinks, ice cream, and gelatins owing to its excellent texturizing, emulsifying, and non-crystallizing properties. Hence, increasing demand for the aforementioned products is estimated to create lucrative sales opportunities in the market.

A number of players in the market are focusing on expanding their production capacity to capitalize on these opportunities. For instance, Cargil, Inc., announced investing US$ 40 Mn to expand its production facility in Davangere, Karnataka in 2018. This will assist the company to increase its production of maltodextrin, glucose, and starches from 800 TPD to 1200 TPD. A multiplicity of such developments is anticipated to drive the demand by 4.8% year-on-year growth in 2021.

Among source verticals, the corn-based segment is projected to outpace the others, expanding at 4.3% CAGR over the assessment period. The primary factor driving the market is increasing demand for low-cost food additives to improve the flavor, texture, shelf life of foods.

Key Takeaways from Maltodextrin Market Study

The market in the U.S. is anticipated to account for the dominant share in North America, surging at a CAGR of 6.1% during the assessment period.
Sales in the Europe market are forecast to expand at 4.8% CAGR through 2034, owing to the increasing demand for sports beverage products in Germany, France, and the U.K.
China is expected to emerge as a highly remunerative market, creating incremental opportunities of US$ 413.6 Mn by the end of 2023.
India is projected to hold a significant share in the Asia Pacific market, accounting for nearly 23.6% of the sales in the region in 2023.
In terms of form, the spray dried powder segment is estimated to lead the market, accounting for around 63% of the demand share between 2024 and 2034.

Key Drivers

Increasing use of maltodextrin as diluents in sachets and single-unit dose formulations across the pharmaceuticals sector owing to its intrinsic polymeric structure is increasing the sales in the pharmaceuticals industry.
Rising application of corn-based maltodextrin in the production of baby food products as it helps in balancing intestinal osmolality and maximizing hydration in infants is propelling the demand across the corn-based segment.

Key Restraints

Side effects associated with the consumption of maltodextrins such as weight gain, bloating, allergic reaction, rashes, gas, cramping, and others are hampering the demand in the market.
Availability of large number of substitutes such as agar, gaur, gum, stevia, pectin, and others is hindering the sales of maltodextrin.

Recent Developments in the Maltodextrin Market

In July 2022, Grain Processing Corporation took over Natural Products, Inc. The market giant increased its presence in the competitive landscape to an even higher degree through the acquisition.
In September 2022, a new maize wet mill was opened in Pandaan, Indonesia by Cargill. Maltodextrin was one of the products whose increased production was targeted by the company with the opening of the plant.
Also in September 2022, Givaudan Active Beauty launched the New Purple 2364 vegan pigment, with maltodextrin as one of its ingredients.
In June 2022, BASF introduced two new products as part of its Care Creations range, called the Probiolift and the Postbiolift. Both contain maltodextrin and ease the process of skin aging in elderly people.
In July 2021, Science in Sport launched the Beta Fuel line of products, which includes energy gels and energy drinks containing maltodextrin.
In November 2020, Silab launched the Acnesium natural active. The product uses maltodextrin to prevent signs of acne.

Related Report of Food and Beverages Domain:

The postbiotic supplements market is estimated to be valued at US$ 10.8 million in 2024. With the rising awareness about the health benefits of products, the demand for postbiotic supplements is expected to register a CAGR of 10.9% from 2024 to 2034, reaching a valuation of US$ 30.5 million by 2034.

The energy drinks market is an ever-evolving one. While initially, it targeted at the athletic community only, energy drinks now find their place in the lives of daily office-going consumers as well. This has pushed the valuation to a staggering US$ 38,300 million in 2024. By 2034, it is slated to surpass US$ 64,876 million at a 5.40% CAGR.

Some of the key players operating in the market profiled by FMI are:

Symrise AG, Grain Processing Corp, Roquette, Cargill Inc., Matsutani, Archer Daniels Midland Company (ADM), Ingredion, Tate and Lyle, Agrana Group, Avebe, and Nowamyl are prominent entities in the food and ingredients industry.

Get Full Report: https://www.futuremarketinsights.com/reports/maltodextrin-market

More Valuable Insights on the Maltodextrin Market

A new report published by FMI offers a detailed analysis of the global maltodextrin market, uncovering vital dynamics accelerating the market growth through 2021 and beyond. The survey also forecast sales projections for maltodextrin market with detailed segmentation:

By Source:

Corn-Based
Wheat-Based
Potato-Based
Cassava-Based
Others (Rice, Banana)

By Form:

Spray-Dried Powder
“Instantized” / Agglomerated**

By Application:

Food and Beverages
Cosmetics and Personal Care
Pharmaceuticals
Daily and Fine Chemicals
Others

Region:

North America
Latin America
Europe
Asia Pacific
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
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Website: https://www.futuremarketinsights.com
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APAC Savory Ingredients Market Outlook: Trends That Will Define 2026

The APAC Savoury Ingredients Market refers to the market for ingredients used in the preparation of savory food products in the Asia-Pacific (APAC) region. Savory ingredients include flavor enhancers, preservatives, seasoning blends, marinades, sauces, and other additives that enhance the taste, aroma, and overall appeal of savory dishes.

The APAC region is known for its diverse culinary traditions and a growing population with increasing disposable income. As a result, there is a high demand for savory food products, ranging from snacks and processed meats to ready-to-eat meals. This demand has fueled the growth of the APAC Savoury Ingredients Market.

The APAC savoury ingredients market is projected to register a healthy CAGR of 5.8% during a 10-year period 2016–2026. In a new report titled “Savoury Ingredients Market: APAC Industry Analysis and Opportunity Assessment 2016-2026”, Future Market Insights analyses the market for savoury ingredients in major countries in the APAC region and offers key insights on the factors and trends influencing the market.

The APAC region provides immense growth opportunities for companies operating in the savoury ingredients space. The primary reason for this is a growing demand for instant food such as noodles and savoury snacks in these markets, and this demand is supported by a substantial increase in the disposable income of people. Sales of savoury ingredients in these countries already account for a substantial revenue share of the APAC savoury ingredients market and revenue from these markets is expected to continue to increase significantly over the forecast period.

There is an increasing adoption of savoury flavours in the APAC countries and the region also demonstrates a growing preference and demand for hydrolysed protein-based meat products. There is also a growing inclination towards convenience food and an awareness of the usage of yeast extracts in lieu of salt, which provide the same taste while ensuring a reduced dietary sodium content at the same time. All these factors have contributed to the growth of the APAC savoury ingredients market. However, stringent government regulations on the use of monosodium glutamate (MSG) may hamper the growth of the APAC savoury ingredients market.

Companies in the APAC region are showing a growing preference towards natural savoury flavours and ingredients over artificial flavours. Several companies are also adopting yeast extract in food, which imparts a salty and savoury flavour and reduces bitterness.

Leading players in the APAC savoury ingredients market include Angel Yeast Co. Ltd., AB Mauri Food Inc., Ajinomoto Co. Inc., FOODCHEM International Corporation, The Fufeng Group, Halcyon Proteins, Sensient Technologies Corporation, Royal DSM, Lesaffre (Biospringer), and ABF Ingredients (Ohly).

Key Segments

By Type

Yeast Extract
Monosodium Glutamate
Hydrolysed Vegetable Protein
Hydrolysed Animal Protein
Nucleotides and Others

By Form

Liquid
Powder
Paste

By Application

Food
- Dips and Soups
- Instant Noodles & Sauces
- Meat & Seafood
- Bakery Products & Savoury Snacks
Pet Food
Others

Browse full Report: https://www.futuremarketinsights.com/reports/apac-savoury-ingredients-market

Reasons to Buy the Report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

About Future Market Insights (FMI)

Contact Us: ‘

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Weight Management Market Set to Reach USD 725.6 Billion by 2032, Exhibiting a 7.7% CAGR

The global weight management market is projected to experience significant growth, reaching a valuation of USD 725.6 billion by 2032, expanding at a robust CAGR of 7.7% over the forecast period from 2022 to 2032. The market’s expansion is primarily driven by the rising prevalence of sedentary lifestyles, spurring demand for effective weight management solutions.

In 2021, the market was valued at USD 319 billion, growing to USD 345.5 billion in 2022, reflecting a Y-o-Y growth rate of 8.3%. With increasing awareness of health and wellness, and a greater emphasis on combating obesity, the weight management industry is poised for sustained growth globally.

This growth is largely driven by the increasing prevalence of sedentary lifestyles, which is fueling the demand for effective weight management solutions. As more individuals seek to address weight-related health concerns, the need for comprehensive and efficient weight management systems is becoming more critical.

In the period from 2021 to 2022, the market experienced a noteworthy Year-on-Year (Y-o-Y) growth rate of 8.3%, culminating in a valuation of US$ 345.5 Billion. This robust growth follows the market’s standing at US$ 319 Billion in 2021, emphasizing the sector’s resilience and continuous evolution.

For example, in 2019, franchise owners in Metro Detroit unveiled a new Crunch Fitness gym in Waterford Township, marking the fifth fitness center established by the company in addition to its other branches in Farmington Hills, Westland, Dearborn, and Taylor. These developments highlight the region’s potential for significant market expansion in the upcoming years.

In the preceding year, from 2021 to 2022, the market demonstrated robust year-on-year (Y-o-Y) growth at an impressive rate of 8.3%, culminating in a total valuation of US$ 345.5 billion. Notably, as of 2021, the Global Weight Management Industry already boasted a substantial worth, valued at US$ 319 billion.

This significant market expansion underscores the growing awareness and commitment to maintaining a healthy weight, as individuals increasingly seek innovative solutions to address their weight-related concerns.

As per the Institute of Health Metric and Evaluation, 30% of the world’s population is obese. Obese is one of the major health challenges in developed and developing countries. Also, the rising volume of bariatric surgeries and the rising adoption of online weight loss & management programs are anticipated to positively influence the industry in the forecast period.

The growing prevalence of obesity among the expanding population is expected to propel the market expansion during the forecast period. As per the World Obesity Atlas 2022, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. This significant rise in the number of obese patients is anticipated to drive demand for an efficient weight management system. Further, growing awareness about weight management and obesity among developing nations is expected to drive market growth in the coming period.

Increasing strategic collaborations of players with each other are expected to drive market growth during the forecast period. In September 2019, Currax Pharmaceutical disclosed the acquisition of Nalpropion Pharmaceuticals. This acquisition resulted in the addition of Contrave anti-obesity medication to Currax’s product portfolio. Similarly, in November 2019, Novo Nordisk collaborated with UNICEF to prevent children from obesity. Such partnerships among players are expected to benefit the industry growth during the forecast period.

Lack of awareness regarding obesity and the inability to afford premium health club memberships among developing countries are expected to impact the market negatively in the forthcoming period. As per IQVIA, only 2% of the total obese population is treated with prescribed medicines. Further, the presence of a limited number of market players is another cause hindering the expansion. However, rising disposable income and increasing awareness about the alternatives for weight loss and management can propel market growth in the forecast period.

Key Takeaways from the Market Study

Weight management market to secure US$ 725.6 Billion during the forecast period from 2022 to 2032.
By equipment, the fitness equipment segment is anticipated to expand at a CAGR of 7.6% during the forecast period.
The weight management industry to be dominated by the U.S while garnering US$ 250 Billion by 2032
The weight management industry in China is expected to expand at the highest CAGR of 6.8% during the forecast period
The weight management market in Japan is estimated to reach US$ 41.1 Billion by 2032

“Increasing cases of obesity and the growing health concerns among baby boomers are expected to support the market expansion in the coming time,” remarks an analyst at FMI.

Competition Analysis

Key players in the industry include Herbalife Nutrition Ltd., NutriSystem, Inc., Weight Watchers International, Inc., eDiets.com, Inc., and Brunswick Corporation. Major developments in the market are:

In June 2022, Herbalife Nutrition inked a sports nutrition partnership with Notre Dame shooting guard Blake Wesley, who has been training at the Herbalife Nutrition IMPACT Basketball Center.
In January 2021, Herbalife Nutrition, an eminent nutrition company, announced that it had inked an agreement to repurchase approximately US$ 600 million of the Company’s common share beneficially owned by Carl C. Icahn and certain of his affiliates for US$ 48/05 per share.
In December 2020, Kainos Capital, a firm focused on specializing in managing food and consumer businesses, completed the acquisition of Nutrisystem from Tivity Health for US$ 575 Million. The private Capital Group of MSD Partners, LP partnered with Kainos Capital in the transaction in the form of preferred and common equity investment.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Weight Management Industry, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Diet (Meals, Beverages, Supplements), Equipment (Fitness Equipment, Surgical Equipment), Services (Fitness Centers, Slimming Centers, Consultation Services, Online Weight Loss Services), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).

About the Healthcare Division at Future Market Insights

The healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective of providing authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

A Old Full Report Analysis Click Here

Key Segments Profiled in the Global Weight Management Industry Report

Global Weight Management Industry by Diet:

Weight Management Meals
Weight Management Beverages
Weight Management Supplements

Global Weight Management Industry by Equipment:

Weight Management Fitness Equipment
Weight Management Surgical Equipment

Global Weight Management Industry by Services:

Weight Management across Fitness Centers
Weight Management across Slimming Centers
Weight Management Consultation Services
Weight Management through Online Weight Loss Services

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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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Red Berries on the Rise: Enhancing Health in Beverage and Dairy Products

Red berries are gaining popularity as a natural ingredient, with global demand growing by 1.9% volume in 2016. The all-pervasive, ‘health and wellness’ trend will continue to influence demand positively, as global revenues are expected to surpass USD 18.5 Mn in 2016, up from USD 18.1 Mn in 2015.

Beverages will remain the largest application segment for red berries, accounting for 5.3 Mn tonnes of demand in 2016. This is an increase of over 3.5% over 2015. Dairy products, the second largest application segment will grow by 2.8%.

Western Europe, the largest market for red berries, will increase its revenue share of the market to 25.5%. North America the second largest market will register impressive growth in 2016.

Ocean Spray Cranberry Inc., Döhler Group, SunOpta, Inc., Hortex Group, Milne Fruit Products, Fruit d’Or, Townsend Farms, Inc., Kerr Concentrates Inc., Maberry & Maberry Berry Associates, Pacific Coast Fruit Products Ltd., NorthWest Berry Co-op and Berryhill Foods Inc. are some of the key players in this market. Leading companies are focusing on expanding their production capacity and launching new product offerings to meet the growing demand for red berries. Developing economies, where there is rapid growth in demand for natural ingredients, are expected to remain a key target market for red berry manufacturers.

Preview Analysis on Red Berries Market Segmentation By Berries Type – Cranberry, Strawberry, Red Raspberry, Cherry, Grapes and Redcurrants; By Application – Dairy, Beverages, Snack Food, Nutraceuticals; By Product Type – Frozen, Puree; By Nature – Organic and Conventional; By End Use – Bulk and Retail

Long-term outlook: FMI maintains a positive long-term outlook on the global red berries market, estimating global revenues projected to reach US$ 24.9 Mn by 2026.

Market Outlook by Category

By berry type, grapes will continue to witness highest demand from end-use industries, growing by 3.2% in 2016. This will represent a market value of over US$ 8.9 Mn.

By product type, juice concentrates will maintain their dominance in 2016 as well, representing over 34.3% revenue share of the market. Juice concentrates volume will grow by 3.6% in 2016, and total US$ 6.4 million in revenues.

About Future Market Insights (FMI)

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Suite 401, Newark, Delaware – 19713, USA
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Hemostatic Gels Market Poised for Significant Growth USD 1.9 Billion by 2032 at a 6.8% of CAGR

The global hemostatic gels market was valued at USD 957.1 million in 2021 and is expected to reach USD 1.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.8% over the forecast period, according to the latest research from Future Market Insights. Hemostatic gels are vital in managing blood loss during surgeries and trauma care, driving their demand globally.A key driver of this growth is the increasing demand for advanced hemostatic solutions in surgical and trauma care settings. The market is notably led by porcine-based hemostatic gels, which captured a substantial market share of about 45% in 2021 among various material types. These gels are favored for their effectiveness in controlling bleeding and promoting faster wound healing.

The anticipated expansion of the hemostatic gels market underscores the growing emphasis on improving patient outcomes and surgical efficiency. Advances in gel formulations and expanding applications are expected to further fuel market growth.

According to the Centers for Condition Control and Prevention (CDC), more than 45% of Americans have at least one chronic condition that necessitates surgical intervention.

Globally, around 2,000,000 people die from hemorrhage each year, out of which approximately 1,500,000 deaths are due to trauma injuries. Similarly, every year almost 60,000 people die in the U.S. due to hemorrhaging and blood loss. These figures indicate the need for hemostatic gels during surgical procedures to improve clinical outcomes.

Hemostatic Gels Market Key Takeaways:

Based on product type, sales of porcine-based hemostatic gels are expected to grow at a 5.7% CAGR through 2032.
In terms of indication, the cardiovascular surgery segment is expected to account for 33.1% of the total market share over the assessment period.
By end users, demand for hemostatic gels across hospitals will increase at a 5.4% CAGR during the forecast period.
The U.S. dominated the North American hemostatic gels market in 2021, holding 82% of the total market share.
Demand for hemostatic gels in India is forecast to grow at a 7.4% CAGR over the assessment period.
Sales in the U.K. hemostatic gels market are expected to increase at a 7.1% CAGR through 2032.
China will emerge as a lucrative pocket, with demand growing at an 8% CAGR over the forecast period.

“Rising adoption of effective hemostatic gels across various industries for the protection of the workforce is expected to fuel demand in the market. In addition to this, rising awareness regarding the usage of hemostatic gels for blood loss management across emerging economies will augment the growth in the market,” says an FMI analyst

Clotting agents are medical devices used to stop bleeding in a variety of clinical settings, including surgical procedures, emergency situations, and trauma care. These gels work by promoting the clotting process, which is essential to prevent excessive blood loss.

Hemostatic Gels Market Competition Landscape:

Key players operating in the hemostatic gels market are adopting strategies such as product launches, mergers & acquisitions, joint ventures, and R&D activities to improve their global presence. For instance:

In 2019, Baxter International, Inc. introduced Floseal Hemostatic Matrix, its new hemostatic agent. Floseal Hemostatic Matrix U.S.FDA approved and is used to stop bleeding during surgical procedures.
In 2021, Medcura, Inc. together with ASO LLC launched Rapid-Seal, a new class of antibacterial hemostatic gel. This product meets the market demand for a transparent gel that will be easily applied during surgeries.

Key Companies Profiled:

Baxter
Bio-Chem LLC
Clinician’s Choice Dental Products Inc.
Cresilon, Inc.
DSI Ltd.
ENDOVISION CO., LTD
Ethicon US, LLC
F&A Medical
PrevestDenPro
Septodont
Teleflex Incorporated
Ultradent Products Inc. All
VladMiVa
Medcura, Inc.,

A Old Full Report Analysis Click Here

Key Segments Covered In Hemostatic Gels Market Research

By Material:

Bovine-Based
Porcine-Based
Polymer-Based

By Indication:

General Surgery
Dental Surgery
Veterinary Surgery
Cardiovascular Surgery
Orthopaedic Surgery
Others

By End-User:

Hospitals
Speciality Clinics
Veterinary Settings
Ambulatory Surgical Centers
Online Sales

Author

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 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

Animal Feed Additive Market Poised for 6.9% Annual Growth Through 2034, Driven by Increasing Livestock and Additive Demand: FMI

The global Animal feed additives market (Mercado de aditivos para piensos animales) is projected to increase from USD 55,842.2 million in 2024 to USD 109,184.5 million in 2034. The market is anticipated to surge at a CAGR of 6.9% by 2034.

Feed additives are substances incorporated into animal diets to enhance the quality of feed, improve the quality of animal-derived food products, or boost the performance and health of animals. These additives can, for example, increase the digestibility of feed ingredients, leading to better overall nutrition and well-being.

The increased production of livestock has raised concerns about public health issues related to the use of antibiotics and the spread of foodborne diseases. As a result, probiotics or direct-fed microbials are gaining popularity in the animal feed market, as they promote gut health, overall productivity, and well-being in animals.

Probiotics also help control enteric pathogens and improve digestion and immune systems in animals such as cattle, ruminants, and poultry. Yeast-based probiotics are commonly used in swine, poultry, and ruminants.

Commercial probiotic-based animal feed additives usually contain microorganisms such as lactobacillus, streptococcus, bacillus, Pedi coccus, and Bifidobacterium. The demand for probiotics is expected to increase as the market shifts toward antibiotic-free meat. Adequate labeling of animal feed products is important to ensure safety and enable buyers to make informed choices.

Government regulations require proper labeling of feed ingredients, including complete lists of ingredients and nutrient levels. Balanced animal diets are crucial for livestock growth, development, and reproduction.

Animals have varying dietary requirements, and the inclusion of proper animal feed additives is necessary to enhance nutritional content. Insufficient nutrients can lead to malnutrition and health issues in animals.

Farmers are increasingly incorporating sustainable methods and investing in research and development to produce high-quality animal feed additives that improve livestock yield and the quality of end products such as eggs and milk.

Key Takeaways:

The animal feed additives market in the United States held a significant value share of 5.2% in 2034. The market is driven by increasing livestock production in the United States and Mexico, and strict government regulations on meat quality and animal feed additives.
In China, the demand for animal feed additives is estimated to thrive with a CAGR of 2.5%, fueled by rising per capita expenditure on high-quality food products and increased disposable income.
Germany is expected to lead the animal feed additives market in Europe, with a CAGR of 2.8%, driven by the sales of ready-to-eat and packaged meat products and stringent food regulations.
India is a promising market with a transforming CAGR of 4.9%, driven by the increasing consumption of animal protein and rising disposable income.
Amino acids are the most preferred product type, accounting for a significant share of 33.1% in 2024, as they play a crucial role in muscle and tissue development, reproduction, and overall animal health.
Plant-based animal feed additives are gaining traction due to their medicinal, antimicrobial effects, and their ability to improve growth performance and enhance the flavor and odor of feed.

Competitive Landscape

The animal feed additives industry is highly concentrated, with large global and regional companies present. In the face of fierce rivalry, the top five competitors, which include BASF SE, EVONIK INDUSTRIES AG, Cargill, Inc., Koninklijke DSM N.V., and Nutreco N.V., are expected to account for 30-40% of the overall market share.

In March 2021 Ajinomoto Co. joined forces with Pegasus Tech Ventures, a worldwide venture capital firm, to invest in Silicon Valley-based start-ups to capitalize on growing trends in the food and healthcare sectors. The collaboration is going to allow the organization to expand its geographical footprint to 16 sites worldwide.

Thorough Market Evaluation: Full Report

Animal Feed Additives Market by Category

By Additive Type:

Antibiotics
Vitamins
Antioxidants
Amino Acids
Feed Enzymes
Feed Additives
Minerals

By Application Type:

Ruminants
Poultry
Swine
Aquatic

By Source Type:

Plant
Animal
Micro-organisms

By Region:

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

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Electronic Tongue Market to Witness Steady Growth USD 674.43 Million with a 4.5% CAGR through 2032

The global electronic tongue market is projected to experience consistent growth over the forecast period from 2022 to 2032, recording a Compound Annual Growth Rate (CAGR) of 4.5%. The market is expected to reach a valuation of approximately USD 674.43 million by 2032, a significant rise from its 2022 value of USD 434.28 million. The growth of the electronic tongue market is driven by advancements in sensor technology and increasing applications in food and beverage quality control, pharmaceuticals, and environmental monitoring. Electronic tongues are gaining prominence for their ability to replicate human taste perception and provide precise analysis of complex liquids.

As industries continue to prioritize accuracy and efficiency in product testing and quality assurance, the demand for electronic tongue technology is set to rise, reflecting its growing importance in various sectors.

In the pharmaceutical sector, the electronic tongue plays a pivotal role in examining the bitterness level of Active Pharmaceutical Ingredients (API) and measuring the bitterness of masking substances. This innovation proves particularly valuable for pediatric and geriatric patient populations, enhancing patient adherence and improving the taste of medications.

The development of pediatric and geriatric formulations has been improved thanks to the introduction of taste-detecting technologies by pharmaceutical corporations. The market for medical diagnostics now includes electronic tongues, which offer non-invasive disease diagnosis. By examining both liquid and vapor patient samples, the electronic tongue has been utilized to detect and identify a wide range of illnesses, including mental health issues and metabolic disorders. For medical diagnostics, inexpensive and effective electronic tongue devices like a biomimetic cross-reactive sensor array are available.

Global Electronic Tongue Industry: Drivers and Restraints-

The Global Electronic Tongue Industry is expected to account for a significant growth rate as technological advancement in the medical industry. Increasing demand for advanced and non-invasive diagnosis devices is expected to favor the growth of the electronic tongue market. Growing research and development for new drug manufacturing is expected to propel the growth of the electronic tongue market over the forecast period. Increasing adoption of advanced technologies and devices in pharmaceutical manufacturing units is expected to ample the growth of the electronic tongue industry. Increasing government funding for drug development and medical diagnosis producers’ advancement is expected to boost the growth of the electronic tongue industry. The growing development of new devices and sensors for taste assessment of dissolved organic and inorganic compounds favors the growth of the electronic tongue industry.

Global Electronic Tongue Industry: Overview

The electronic tongue market is expected to grow at a significant growth rate over the forecast period due to increasing demand for the electronic tongue in the pharmaceutical industry. Electronic tongue performs taste masking assessment and provides objective results. The electronic tongue performs taste assessment in a way similar to the human tongue. Electronic tongue analyzes sensory features such as the taste of drugs which is a key element in pharmaceutical product sales. The electronic tongue also detects gustatory components metallic, astringent, and pungent with basic tastes such as sweet, bitter, salty, sour, and umami. Electronic tongue enables pharmaceutical scientists to perform experiments without human safety considerations. Electronic tongue simplified the sensory test procedure for drug bitterness measurement.

Electronic Tongue Industry: Region-wise Outlook

In terms of geography, the electronic tongue market has been divided into seven regions including Western Europe, North- America, Latin America, Eastern Europe, Japan, Middle-East & Africa, and Asia-Pacific excluding & Japan (APEJ). North America is expected to contribute the highest revenue share in the electronic tongue market as an increasing number of drug development and API formulation testing. Western Europe expected to contribute the second largest revenue followed by North America in the electronic tongue market. Western Europe’s electronic tongue market is expected to grow with a major growth rate due to increasing demand for advanced medical diagnostic devices. The Asia Pacific excluding Japan’s electronic tongue market is expected to grow with the highest growth rate over the forecast period due to increasing healthcare expenditure and growing investments in pharmaceutical developments.

Global Electronic Tongue Industry: Key Market Participants

Examples of companies participants in the Global Electronic Tongue Industry recognized across the value chain are:

Higuchi Inc.
Norlab
Alpha MOS
TheSmartTongue
AFB International
Blonder Tongue Laboratories, Inc.

Manufacturers are focusing on the development of customized electronic tongue devices for the medical and pharmaceutical industries.

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

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Key Segments Profiled in the Global Electronic Tongue Industry Survey

Based on Application:

Medical Diagnosis
Drug Development
Scientific Research

Based on End Use:

Pharmaceutical Companies
Contract Research Organization
Hospitals
Diagnostic Laboratories

Based on Region:

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

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Comprehensive analysis of evolving purchase patterns across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the keyword market
Detailed information about the product innovation, mergers, and acquisitions lined up in upcoming years

Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Author

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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Food Safety Testing Services Market: Ensuring Quality and Driving Industry Growth

The global food safety testing services market value is likely to jump from US$ 15,836.90 million in 2023 to US$ 30,061.73 million by 2033. This anticipated growth is expected to be driven by a steady CAGR of 7.0% in food safety testing services demand over the next decade.

Although comprising the last component of the food manufacturing process, testing food items is considered an extremely important phase. Food product testing is required to ensure that the food is safe to eat and free of physical, chemical, and biological hazards.

The food safety testing services market is heavily regulated. This industry utilizes both classic methods, such as culture-based and immunoassays, as well as novel approaches, such as DNA-based and fast testing.

With the rising food sector and increased concern about food safety, the food safety testing market is positioned for continuing success and expansion. The development of cost-effective and novel testing technology is going to be critical to its continuing success, ensuring that people can have trust in the food they eat.

Individuals who have growing sensitivity to allergens such as gluten and dairy are propelling allergy-free product development globally. As a result, allergy-free products have been introduced, with manufacturers frequently testing packaged and processed food items to trace particles.

Chemical testing in organic food products is also becoming more popular in the market as a result of firms testing these products all over the world for evidence that they contain listed or banned chemicals in order to meet the requirements of different country-level regulatory organizations.

The food business in developing countries is extremely fragmented, posing a higher risk of contamination. Food control systems may be split across national, state, and local organizations, and the efficacy of their execution is dependent on the power and effectiveness of the organization in charge at each level. Consumers are unlikely to be safeguarded to the same level across the country, and evaluating the success of initiatives by national, state, or municipal authorities can prove difficult.

With increased illness occurrences and public awareness of foodborne diseases worldwide, the present food safety testing industry is transitioning toward quick culture-independent molecular or microbiological testing methods. Rising consumer fascination with food quality has spurred significant technological improvements, propelling the food safety testing industry in emerging and developed countries.

“With the development of processed and composite food products, the potential for contamination and safety risks also grows. This trend is set to propel revenue growth in the food safety testing service industry, presenting a significant opportunity for providers,” opines a lead food and beverage analyst at FMI.

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Key Takeaways from the Food Safety Testing Services Market:

In 2022, the United States asserted its dominance in the food safety testing services industry, boasting a commanding 26.1% global market share.
The food safety testing services industry in the United Kingdom is poised for substantial growth, with a projected CAGR of 4.4% through 2033.
3.3% market share was recorded in the Japan food safety testing services sector in 2022.
India’s rapid development in the food safety testing services industry is evident through its projected CAGR of 6.2% during the forecast period.
Germany exhibited a 6.7% share of the global food safety testing services industry in 2022.
China is anticipated to rise speedily in the food safety testing services industry, with a projected CAGR of 10.7% over the forecast period.

Key Players and Strategies for Success in the Food Safety Testing Services Market

The food safety testing services industry has evolved as a vibrant and fast-increasing segment of the global food safety market in recent years. Leading firms in this ever-evolving landscape adopt several kinds of approaches to address the changing desires of customers and create a presence in a market that is becoming increasingly competitive. The following are essential aspects concerning key competitors and success methods in the food safety testing services market:

Putting resources into research to create unique and effective food safety testing services.
Construct effective branding and marketing initiatives to stand out in a competitive market.
Remain informed on rules and verify that the products comply with regulatory criteria.
Establish relationships with food service companies to increase distribution.
Remain adaptive to shifting consumer demands and prevailing market trends.

Recent Developments in the Food Safety Testing Services Market

In March 2022, Bureau Veritas opened its sixth Canadian Microbiology library in Winnipeg, Manitoba. The new laboratory is going to supply both quick pathogen testing and indicators.

In February 2021, SGS SA confirmed a collaboration with RLP AgroScience. The aim is to enable complicated personalized tests for pesticide, chemical, biocide, and medication/veterinary drug ecological and human safety evaluations.

Key Companies Profiled in the Global Food Safety Testing Business Report

Accugen Laboratories
Adpen Laboratories
Aegis Food Testing Laboratories (Vanguard Sciences)
ALS Limited
Asureuality Limited
Avomeen Analytical Services
Bio-Rad Laboratories
Bureau Veritas SA
Campden BRI
Det Norske Vertias AS (DNV)
EMSL Analytical Inc.
Eurofins Scientific
Exova Food Hygiene & Health Laboratory
Genon Laboratories Ltd.
Idexx Labora

Key Segments of Food Safety Testing Services Industry Survey

By Test:

Allergen Testing
Chemical and Nutritional Testing
Genetically Modified Organism Testing
Microbiological Testing
Residue and Contamination Testing
Others

By Application:

Meat, Poultry and Seafood Products
Dairy and Dairy Products
Beverages
Processed Food
Cereals & Grains

By Technology:

Polymerase Chain Reaction (PCR)
Immunoassay-based
Chromatography and Spectrometry
Other Technologies

By Region:

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

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Future Market Insights Inc.
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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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Genetically Modified Food Market: Trends, Demand, and Regulatory Outlook

The market for genetically modified food is anticipated to expand significantly between 2023 and 2033, with a CAGR of 6.5%. The market value significantly increased from US$ 109,173.6 million in 2023 to US$ 196,516.8 million in 2033, reflecting this expansion. The market’s observed CAGR of 5.8% from 2018 to 2022 denotes a consistent rate of growth, while the projected CAGR emphasizes a promising rise, highlighting the market’s potential for growth and profitability in the years to come.

Due to a number of variables, the market for genetically modified foods has recently attracted a lot of interest. The rising global population, which has increased demand for food production, is one of the main causes. In order to fulfill the growing need for food, genetically modified crops provide better features, including increased production, resistance to pests and diseases, and tolerance to environmental conditions.

The market does, however, have some limitations and difficulties. Consumers and regulatory agencies have worries about the safety of genetically modified organisms (GMOs) and their possible environmental effects. Companies operating in this industry face difficulties due to more stringent rules and labeling requirements. In addition, barriers to commercial expansion include the complicated intellectual property landscape and ethical issues regarding GMOs.

The genetically modified foods industry offers several options despite these obstacles. There is potential for creating crops with enhanced characteristics, nutritional value, and flavor profiles thanks to advancements in genetic engineering technology. Consumer acceptance of genetically modified products is growing in certain areas, creating new market niches. Additionally, the opportunity to solve challenges with food security, cut back on agricultural inputs, and improve sustainability presents great prospects for businesses working in this industry.

Key Takeaways

In the United States, the market is growing at a CAGR of 23.3% in 2022.
The quest for sustainable and high-yielding crops is expected to increase demand for genetically modified food in the United Kingdom by 25.3% annually by 2033.
Due to the government’s emphasis on increasing agricultural output through genetic modification, the market in India is predicted to develop at a CAGR of 4% by 2033.
The need to address issues with food security and increase crop resilience in the face of changing climatic circumstances is expected to drive the expansion of the genetically modified food industry in China, with a CAGR of 11.1% by 2033.
Japan’s market registered a compound annual growth rate of 3.7% in 2022.

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Competitive landscape

The market for genetically modified food is characterized by fierce rivalry between major manufacturers vying for market dominance. In the market, notable rivals include DowDuPont Inc., Syngenta AG, Bayer CropScience AG, Monsanto Company, and BASF SE. These businesses carry out considerable research and development to increase agricultural productivity, disease and insect resistance, and nutritional characteristics. They create and market GM seeds and plants, primarily maize, soybeans, cotton, and canola.

Technological breakthroughs, regulatory frameworks, consumer acceptability, and environmental concerns are some of the variables that influence the competitive environment. In the manufacture of genetically modified foods, market participants also work to assure openness, sustainability, and adherence to safety requirements.

Key Companies Profiled

DuPont

Syngenta

Bayer Crop Science

Sakata

BASF Gmbh

Group Limagrain

KWS SAAT SE

Dow Chemical Company

Jivo Wellness Pvt. Ltd.

Ambar Protein Industries

Recent Developments:

Company Monsanto is known for creating genetically engineered seeds, such as Bt cotton and Roundup Ready soybeans, to increase agricultural production and pest resistance.
For a variety of crops, Syngenta AG offers genetically engineered characteristics for disease resistance, insect resistance, and herbicide tolerance.
To increase production and sustainability, Bayer CropScience AG creates genetically modified crops, including insect-resistant maize and herbicide-tolerant soybeans.
For crops like maize and soybeans, DowDuPont Inc. offers genetically modified features with an emphasis on traits for insect resistance, herbicide tolerance, and improved nutritional value.
As a means to address agricultural issues and enhance crop performance, BASF SE specializes in genetically modified crops, such as insect- and herbicide-resistant potatoes and herbicide-resistant soybeans.

A Detailed Full Report:

Key Segments Profiled in the Genetically Modified Food Industry Survey

Genetically Modified Food by Type:

Maize
Soybean
Canola
Cotton
Other

Genetically Modified Food by Trait:

Herbicide Tolerance (HT)
Insecticide Resistance (IR)
Stacked Traits (ST)

Genetically Modified Food by Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Fruit Snacks Industry Growth Poised For Substantial Growth, Forecasted To Reach a Value of USD 11,120 Million By 2032

The global fruit snacks market is poised for substantial growth, forecasted to reach a value of US$ 11,120 million by 2032 from US$ 5,456 million in 2022, reflecting a robust CAGR of 7.4%. This growth trajectory underscores increasing consumer demand for nutritious, convenient snack options enriched with essential vitamins and minerals.

The market’s expansion is primarily driven by a rising awareness of health benefits associated with fruit consumption, including immunity-boosting properties and fiber enrichment. Consumers globally are shifting towards healthier lifestyles, prioritizing natural and minimally processed foods, which is propelling the demand for fruit snacks.

Regional Insights

Leading the charge with a 33.6% market share in 2022, North America benefits from strong product innovation and investments in health-focused snacking options. Companies like General Mills are spearheading sustainable agriculture initiatives, further enhancing market growth.

Holding a significant 40.2% share of the global market, Europe’s growth is supported by advancements in food technology and a burgeoning food and beverage industry. Government initiatives promoting healthy eating habits are amplifying consumer interest in fruit snacks across the region.

Emerging as a lucrative market, the Asia Pacific region is witnessing rapid adoption of fruit snacks driven by increasing disposable incomes and changing consumer preferences. Countries like China and India are pivotal, with a rising inclination towards convenient, nutrient-rich snack choices.

Challenges

Despite robust growth prospects, challenges such as consumer concerns over processed foods and fluctuating raw material costs pose potential hurdles. However, ongoing innovations in sustainable packaging and intensified R&D efforts are mitigating these challenges, fostering market resilience.

Key Players and Innovations

Global leaders including Welch Foods Inc., General Mills Inc., and Kellogg Co. are at the forefront of market expansion through product diversification and strategic partnerships. Innovations such as SunOpta’s eco-powered innovation center and Kellogg’s collaborative ventures are driving product excellence and market penetration.

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