Multi Attachment Loaders Market Share by 2031: Upcoming Trends and Analysis : FMI

A multi attachment loader is a hefty equipment device which is used to load or move different objects, materials and is multi purposely used in various fields like agriculture, construction, landscaping and in various industries. Multi Attachment Loaders are used to move sand, stones, rock, etc. Multi Attachment Loaders can be temporarily or permanently mounted as per the need. Multi Attachment Loaders makes work easy for humans and reduces the work human efforts. It can be varied from 150+ different attachments as every loader have got different purpose to serve.

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Multi Attachment Loaders is mainly used in the earthmoving jobs where the prime task is to move, deposit and load materials efficiently. The major components included in the Multi Attachment Loader are: the engine (diesel in almost all cases), the hydraulic components (such as valves, motors and pumps) and the transmission components (axcel, pumps, wheels/tracks, gearbox, motors, etc.).

The types of Multi Attachment Loader mainly depends upon application and design. The engine scuttle both the transmission and the hydraulic, and these is moved in the front attachment successively (sweeper, bucket, forks, sweeper, etc.) to carefully move the material being handled, and the wheels or tracks to move the machine around the jobsite.

Competitive Analysis:

Some of the key market participants in the global of Multi Attachment Loaders market, identified across the value chain include:

  • AB Volvo Group
  • Catterpillar Inc.
  • Komatsu Corporation
  • Doosan Corporation
  • Hitachi Corporation.
  • J.C. Bamford Excavators Limited
  • Liebherr Group
  • CNH Industrial
  • Hyundai Motor Company
  • Terex Corporation

The research report on the Multi Attachment Loaders market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The Multi Attachment Loaders market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, and sales channel.

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Analyst Perspective

Increasing flexibility for various requirements is a major challenge for the Multi Attachment Loaders market as in the increasingly unstable and unforeseeable Indian economy requires Multi Attachment Loaders manufacturers to build more flexible and efficient operating machines.

The proliferated usage of these devices across small, medium and large businesses have determined that it is the most crucial equipment in today’s automobile industry to drive energy savings and important factors for calculating the total cost of ownership.

Regional Outlook

Asia Pacific is anticipated to remain the most attractive market, region which is been followed by North America during the forecast period. The growth can be witnessed due to various government projects in these regions.

From example, constructional activities of infrastructural development, in emerging countries such as India and China. North America also plays a crucial part in the market of multi attachment loaders. The demand of the skid steer attachment type is the main reasons for the demand of multi attachment loaders in the region.

Regional analysis includes

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

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

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By Segmentation:

The global Multi Attachment Loaders Market can be segmented on the basis of attachment type, Operation Type, wheel type, Engine HP and application type.

Attachment Type:

  • Back Hoe
  • Skid Steer
  • Crawl
  • Mini Loaders

Wheel Type:

  • Wheeled
  • Track

Operation Type:

  • Diesel/Conventional
  • Electric

Engine HP:

  • Below 50 HP
  • Above 50 HP

Application Type:

  • Mining
  • Construction
  • Waste Management
  • Forestry
  • Others( Agriculture, Landscaping)

Image Recognition in Retail Market 2021 | Scope of Current and Future Industry 2030

The image recognition technology can be utilized for retail applications to process, analyze and understanding images. Many retailers are implementing AI and image recognition technology in retail to deliver the next level of customer experience. This is one of the major factors driving the growth for image recognition in retail market. Image recognition technology is also used for product recommendations, product discovery, & trend analysis in retail sectors.

Image recognition in retail offers number of applications across security, marketing, payment, shopping & customer service. Retailers are using image recognition solutions, to help improve in-store customer service, as well as possibly address showrooming, by allowing shoppers to scan a product with an app and pull up current inventory. Image recognition can help merchants retain sales from shoppers who compare prices online via their smartphones.

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Impact of COVID-19 Pandemic Outbreak on Image Recognition in Retail Market

The most immediate impact of COVID-19 is that contactless technologies like Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR) and image recognition in retail and are now being forced to adapt to the emergent threat.

Amidst the COVID-19 crisis, several enterprises and startups have launched and developed image recognition systems, to hold the virus spread and ascertain organizational security. Image recognition technology offers an innovative and secure way in terms of hygiene and convenience, amid the COVID-19 pandemic outbreak.

The image recognition market was valued at around US$ 17 to 19 Bn in 2019. However, as the COVID-19 rate accelerates, the market is estimated to grow by 4%-5% CAGR in 2020, as compared to the growth in 2019, due to the increasing demand for digital image processing, pattern recognition, and other object recognition, across the retail sector.

Image Recognition in Retail Market: Drivers and Challenges

Drivers

Increasing use of image recognition applications such as scanning & imaging, security & surveillance, marketing & advertising, are fueling the growth of the image recognition in retail market. The growing need for improving the accuracy of the biometric authentication process, drives the image recognition in retail market growth.

Furthermore, the rising demand for big data analytics and the need for product brand recognition in retail sectors, are major factors expected to fuel the new growth opportunities in the market. Image recognition in retail offers different benefits such as auditing product placement, detecting trends in product placement, assessing compliance and competition, and category analysis.

The reliability of such benefits drives the Image recognition in retail market growth.

Challenges

However, the image recognition in retail market is also impacted significantly when the scanning process is not perfect due to poor lighting, blur, motion, or even physical problems.

Also, high cost of installation of image recognition systems, as well as technical issues regarding the compatibility with existing systems, are some of the factors challenging the growth of image recognition in retail market.

Image Recognition in Retail Market: Competition Landscape

Some of the prominent players providing image recognition solutions in retail are

  • Qualcomm Technologies, Inc.
  • NEC Corporation
  • Catchoom Technologies S.L.
  • Hitachi, Ltd.
  • Wikitude GmbH
  • Attrasoft, Inc.
  • Trax Retail
  • Snap2Insight Inc.

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Image Recognition in Retail Market: Regional overview

By geography, the image recognition in retail market has been segmented into North America, Europe, Latin America, East Asia, South Asia & Pacific, and Middle East & Africa. The market is currently dominated by Europe followed by North America, due to the advancements in image recognition technologies by the prominent vendors in these regions.

Moreover, Asia Pacific holds a comparatively higher market CAGR in the global image recognition in retail market, due to the growing advancements in the field of digital shopping and e-commerce, in this region.

The image recognition in retail market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

The report covers exhaustive analysis on:                                     

  • Image Recognition in Retail Market Segments
  • Image Recognition in Retail Market Dynamics
  • Image Recognition in Retail Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Technology Landscape
  • Value Chain of the Market
  • Image Recognition in Retail Market Drivers and Restraints

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, Italy, U.K, Spain, France, BENELUX, Russia, Rest of Europe)
  • East Asia (China, South Korea, & Japan)
  • South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific)
  • Middle East and Africa (GCC Countries, Turkey, South Africa, Rest of MEA)

Report Highlights:

  • Detailed overview of parent image recognition in retail market
  • Changing image recognition in retail market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected image recognition in retail market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of image recognition in retail market
  • Strategies of key players and solution offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
Image Recognition in Retail Market: Segmentation

The image recognition in retail market has been segmented on the basis of component, technology, application, and region.

component :

  • Hardware
  • Software
  • Services

basis of technology:

  • Digital Image Processing
  • Code Recognition
  • Optical Character Recognition
  • Object Recognition
  • Pattern Recognition

basis of application:

  • Scanning & Imaging
  • Image Search
  • Security & Surveillance
  • Augmented Reality
  • Marketing & Advertising
  • Others

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Yoga and Pilates Mats Market 2021 Outlook, Current and Future Industry Landscape Analysis 2030

Fitness and exercise is an evolving market, and new trends within the segment are constantly emerging. Yoga has gained immense popularity across the globe and continues to do so. Since yoga has a vast scope, its effects are not limited to just the physical body but on other subtler dimensions of the personality like, mind, emotions, and intellect as well. Since yoga is becoming a daily routine the number of yoga clubs is also increasing and the trend is also reflecting in the surge in yoga and Pilates mats market. Similar to yoga, pilates is whole-body fitness, and is adaptable to many fitness levels and also increases body/mind connection.

Both pilates and yoga use exercise mats, but the types of mats used in each are different. Pilates and yoga mat as both the mats have different thickness, density and are designed as per the nature of the specific exercises.

Many moves done on the pilates mat require the spine to move through articulations that puts pressure on your back, which is why pilates mats are traditionally thicker than yoga mats. Yoga mats from Gaiam are rated high on overall basis, while for heavy duty yoga Manduka mats, and for best budget BalanceFrom are the popular choices.

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Global Yoga & Pilates Mats Market: Market Dynamics

Drivers for Yoga & Pilates Mats Market

While the majority of yoga practitioners are women (70%), the number of American men doing yoga has more than doubled in 2016. In today’s hectic lifestyle, yoga can help improve cardiovascular fitness, flexibility, balance, and overall quality of life; also it can even reduce stress, anxiety, and pain.

In addition, people practicing  are 20% more likely to have a positive image of their own physical and mental health, also including a stronger sense of mental clarity, physical fitness, flexibility, and strength. The adoption of yoga and pilates as a routine has directly led to a rise in the market for both yoga and pilates mat market.

The recession has created a new segment of cash-strapped individuals, looking for inexpensive new ways to exercise. Purchases of yoga instructions, mats and supplies continue to increase in a health and money conscious market place.

Trends for Yoga & Pilates Mats Market

Innovation is the prime trend running across the yoga & pilates mats market. Fitness mats have been introduced in the market which is based on the patented technology of Sensing Tex to measure pressure patterns. It also allows the user to measure pressure from different points of view such as movement analysis or postural detection.

Fitness Mat is compatible with any smart device, whether mobile or tablet and makes it easy to visualize the exercise in real time on the device.

Opportunities for Yoga & Pilates Mats Market

Covid-19 has resulted in a variety of changes in the lifestyle of people. Post-lockdown, considering the health benefits of yoga and the already developed habit of regular exercise at-home, it is most likely that people might continue this regime.

The green movement is also on the rise with people becoming more conscious about the effect on environment owing to their decisions. Consumers are spending more time researching products online before making purchases as well as actually purchasing products online rather than going to a brick and mortar stores.

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Following the trend of “Go Green”, Go Green Yoga Mats sells eco-friendly yoga products in the continental United States. The best eco-friendly option, Ewedoos eco-friendly pilates mat is made with TPE material (thermoplastic elastomers) which is better for the environment than plastic or PVC mats.

Challenges for Yoga & Pilates Mats Market

A major challenge for yoga & pilates mats market is the failure of yoga studios. The difficulty in retaining existing members and inability to attract good yoga teachers are a major concern with regards to the abrupt closing of yoga studios.

A common scenario is that gradually people lose out the passion or take yoga as just a hobby, thus slightly impacting the yoga mats market. Pilates with equipment other than mats are equally gaining popularity and are a major competition to the pilates mats. For instance, the pilates rings help to build nicely defined muscles without difficulty. It allows you to do a variety of injury-free movements.

Global Yoga & Pilates Market: Key Players

Some of the key players operating in the global yoga & pilates mats market are

  • Manduka
  • Jade Yoga
  • Hugger Mugger Para Rubber
  • Gaiam
  • Stott and PrAna Revolutionary

Yoga & Pilates Market: Regional Outlook

With the millennial focusing on personal fitness and an increased consumer spending on it, Asia-Pacific promises a bright future in the yoga & pilates mats market. Also, the western influence over the developing regions, especially the young generation, has resulted in pilates becoming a common word and is being adopted as a daily routine.

As yoga continues to become more popular in the U.S., the yoga & pilates mats market is dominated by North America.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Global Yoga & Pilates Mats Market: Market Segmentation

application:

  • Yoga mats
  • Pilates mats

sales channel :

  • Fitness & Sports Stores
  • Online Retailers
  • Department stores
  • Supermarkets/ Hypermarkets
  • Other Sales Channels

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Vitamin D Ingredients Market Summary, Value Structure Analysis, Growth Opportunities And Forecast To 2026

The latest market report published by Future Market Insights titled “Vitamin D Ingredients Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017–2026’ provides key insights on the vitamin D ingredients market at a global level. In terms of value, the global vitamin D ingredients market is expected to grow at a CAGR of 10.6% during the forecast period.

Increasing awareness regarding the health benefits associated with the consumption of vitamin D ingredient rich products such as fortified food products is a major driver for the market. Vitamin D ingredients enhance calcium metabolism and enable bone mineralization, among several other benefits. Rise in the number of awareness initiatives by government organizations and aggressive advertisement and promotion activities by supplement and pharmaceutical manufacturers for brand recognition are other major drivers for the the vitamin D ingredients market.

Pharmaceutical companies are publicizing their products in order to drive sales and expand their consumer base. There has also been an increase in the demand for Vitamin D Ingredients in various food applications. The availability of a wide variety of fortified food products and different types of supplements enhancing the consumer base. These factors are contributing to the overall revenue growth. Manufacturers are developing and launching new and innovative varieties of vitamin D ingredients in different forms and the demand for new varieties is increasing steadily, especially in developed countries.

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Among the vitamin type segments, the vitamin D2 segment is expected to witness lower demand than the vitamin D3 segment in the vitamin D ingredients market during the forecast period. Globally, the vitamin D3 segment’s value share contribution to the overall market revenue is significantly higher than that of the vitamin D2 ingredient segments. This can be attributed to the strong demand for fish in the production of vitamin D3 among various industries such as food, beverage, cosmetic, pharmaceutical and animal feed and pet food. In terms of market value, revenue from the vitamin D2 ingredient segment is expected to expand at a CAGR of 8.16% between 2016 and 2026, whereas the vitamin D3 segment is expected to expand at a CAGR of 12.01% in terms of value over the forecast period.

As per the report, globally, the value and volume share contribution of the fish source segment to the overall market revenue is expected to witness significant growth as compared to other source segments. This growth can be attributed to the ease in the production of vitamin D ingredients from fish. Fish contain quite a large amount of vitamin D as compared to other natural sources, which makes them a competent raw material for the production of vitamin D ingredients. The growth of the fish source segment can also be attributed to the strong demand for vitamin D from North America and Europe and growing demand in APEJ countries.

Globally, the value and volume share contribution of the powder form segment to the overall market revenue is expected to witness significant growth as compared to other form segments. This growth can be attributed to the strong demand for vitamin D powder in North America, Europe and Japan and the growing demand in APEJ and MEA countries. In terms of market value, revenue from the powder segment is expected to expand at a CAGR of 12.42% between 2016 and 2026, whereas that from the liquid segment is expected to expand at a CAGR of 8.88% in terms of value over the forecast period.

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Key Producers of Vitamin D Ingredients

Major players operating in the vitamin D ingredients market space are vitamin D ingredient producers. The Dishman Netherlands BV has been recognized as the world’s sole large-scale producer of vitamin D2 ingredients. Companies such as BASF SE, Royal DSM NV, Schiff Nutrition International, Inc. (Reckitt Benckiser) and Zhejiang Garden Biochemical High-tech Company Limited are focusing on expanding their market presence by establishing new processing facilities.

Alcohol Market which estimated more than 14 billion litres of alcohol will be sold across India by the end of 2026

The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth of alcohol was consumed in 2016. The study further projected that consumption of alcohol in India is less likely to decline in the years to come. By the end of 2026, more than 14 billion litres of alcohol will be sold across India.

According to the report, revenues amassed from sales of alcohol in India will soar vigorously at 7.4% CAGR, and reach INR 5.1 trillion value by the end of 2026. In terms of volume, India’s alcohol consumption in 2016 has been estimated to have surpassed 8 billion litres and will grow at 5.5% CAGR in the due course of forecast period. An in-depth analysis on India’s alcohol distribution indicated that just above three-fourth of alcohol consumed in the country is government controlled. In 2016, alcohol distributed in India through open market sales made revenues worth over INR 400 billion. Meanwhile, about 550 million litres of alcohol was auctioned in India by the end of 2016.

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India’s Alcohol Market: Report Highlights

  • Nearly two-third of India’s alcohol revenues will be accounted by sales of Indian-made foreign liquor (IMFL)
  • In 2016, more than 1,800 million litres of strong beer was consumed in India
  • By the end of 2026, white wine sales in India will have brought in an estimated INR 16.8 billion in revenues
  • Revenues amassed from sale of country liquor in India will have soared at 5.5% CAGR
  • Whisky will be the most-preferred type of alcohol in India, while sales of white spirits will grow at more than 11% CAGR

Key findings of the report, titled “Alcohol Market: India Industry Analysis and Opportunity Assessment, 2016-2026,” projected that Southern and Western states of India will continue to contribute to more than 80% of alcohol revenues through 2026. Bangalore’s SAB Miller India Ltd. and United Spirits Ltd., and Mumbai-based Tilaknagar Industries Ltd. and Allied Blenders & Distillers Pvt. Ltd. are key players partaking in the growth of India’s alcohol market.

Meanwhile, the consumption of alcohol will witness a considerable dip in India’s northern and eastern zone. Even still, a majority of alcohol manufacturers & suppliers in India are originating from New Delhi. Companies such as Carlsberg India Pvt. Ltd., SOM Distilleries & Breweries Group, Radico Khaitan Limited, Globus Spirits, and Jagatjit Industries Ltd. are based in and around the country’s capital. Shimla’s Mohan Meakin Ltd. and Daman’s Khemani Group are also recognised as some of the leading alcohol manufacturer in India.

The key segments covered in this report are:

By Type

  • IMFL
    • Brandy and Cognac
    • Rum
    • Whiskies
    • White Spirits
    • Others
  • Beer
    • Mild
    • Strong
  • Wine
    • Red Wine
    • White Wine
    • Rose Wine
  • Country Liquor

By Make

  • Imported Liquor
  • Indian Made Foreign Liquor
  • Foreign Liquor Bottled in India
  • Indian Made Indian Liquor

By Gender

  • Male
  • Female

By Ingredients

By Distribution Market

  • Government Controlled
  • Open Market
  • Auction Market

By Region

  • South Zone
  • North Zone
  • East Zone
  • West Zone

Over 90% of Indian Alcoholics are Men

Among every ten alcohol consumers in India, nine of them will most probably be men; leaving a slight chance that the tenth one is a woman. With more than 90% stake in India’s alcohol revenues, the country’s men will be offering over INR 4.7 trillion for consuming alcohol by the end of 2026. Likewise, Indian women are also likely to increase their contribution to the Indian alcohol market. During the forecast period, revenues accounted by sales of alcohol to Indian women will have soared at the fastest pace, registering a stellar CAGR of 8.6%.

Consumption of alcohol containing molasses as key ingredients will remain higher in India. Grains will also serve to be a preferred raw ingredient used for producing alcohol in India.  Although, production of alcohol through agricultural produce such as fruits & vegetable will remain negligent till the end of 2026. The report also anticipates that consumers will be more inclined towards buying Indian-made liquor – regardless of it being a foreign or Indian brand. Consumption of foreign liquor bottled in India is also likely to grow, but showcasing a marginal degree of increment.

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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 FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Speciality Malt Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2026

A new research report from Future Market Insights reveals that the global market for specialty malts, which is currently valued at an estimated US$ 2.16 billion, is expected to soar at a steady CAGR of 6.4% and bring in revenues worth over US$ 4 billion by 2026 end.

In parallel with the rise in global consumption of alcoholic beverages, local entrepreneurs from all corners of the world have begun treading the waters of brewing businesses. A considerable rise in the number of microbreweries being set up across the globe is stimulating the growth in consumption of specialty malts – a key ingredient for making alcoholic beverages such as beer. Innovations in brewing techniques has further consolidated the application of specialty malts in production of flavoured alcoholic beverages.

Since the growth in demand for specialty malts continues to remain contingent upon global alcoholic beverage consumption, more than one million tonnes of specialty malts are anticipated to be consumed through 2026. Incidentally, this will also shore up the global production of barley, wheat, corn, soybean and other grains used for deriving specialty malts. By lending a unique flavour, texture, and colour, the application of specialty malts continues to gain significance in production of beverages, revenues from which will impose nearly 90% share on global specialty malts market value throughout the forecast period. The research reveals that revenue share of alcoholic beverages in the global specialty malt market will remain consistent at nearly 82% through 2026. Meanwhile, about 130,000 tonnes of specialty malts were globally consumed for production of non-alcoholic drinks & beverages in 2016.

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Western Europe – Largest Consumer of Specialty Malts

When it comes to consuming flavoured alcoholic beverages, consumers in Western European countries such as Germany, France or Belgium will certainly not shy away. By the end of the forecast period, more than 500,000 tonnes of specialty malts will be consumed across Western Europe, making it the largest consumer of specialty malts in the world. With respect to production, the demand for specialty malts will register stellar growth in the Asia-Pacific excluding Japan (APEJ) region. The APEJ specialty malts market will register the highest value CAGR of 7.8%, and procure over US$ 1 billion revenues during the projected period. North America and Latin America are anticipated to account for a collective share of more than 24% in global specialty malts revenues through 2026.

Cargill, Inc. – Largest Producer of Specialty Malts

With more than 10% share in global revenues, Cargill Incorporated will retain its title as the largest producer of specialty malts in the world. With its manufacturing plants based in Germany, the company will also boost the status of Western Europe in the global specialty malts market. Joining Cargill in inducing higher production of specialty malts are prominent European companies, namely, IREKS GmbH, Viking Malt Oy, Groupe Soufflet, Malteurop, Axereal and Simpsons Malt Limited. Other key producers of specialty malts profiled in the research report include Australia’s GrainCorp Ltd., the Cooperative Agraria Agroindustrial of Brazil and Barmalt India Pvt. Ltd.

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In the report, titled “Specialty Malts Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” Future Market Insights discloses that global demand for caramelised malts will incur a decline in 2017 and beyond. While their dominance on global market revenues will be retained through 2026, the rate at which caramelised specialty malts are consumed in the world will be outpaced by surging consumption of roasted malts. By the end of forecast period, more than US$ 1.5 billion worth of roasted specialty malts are being projected to be sold in the world. Over two-third of global specialty malts production will be sourced from barley grain produce. Although, advancing farming techniques will also increase the production of specialty malts from wheat and rye grains. Likewise, dry extracts of specialty malts will dominate the global specialty malts revenues by accounting for a steady share of 69%. On the other hand, liquid and malt flour extracts will lose market presence in the years to come, exhibiting a marginal dip in their global revenue share.

Carrageenan Gum Market 2020 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2024

As per a reseaech analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the global carrageenan gum market is expected to reach US$ 881.6 Mn in 2021. Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverage will facilitate growth, with the market expanding at 4.30% CAGR through 2031.

Sales of carrageenan gum decline in 2020 due to the onset of the coronavirus outbreak. However, as per FMI’s analysis, the market experienced y-o-y growth of 4.10% between 2020 and 2021.

Being a plant-based emulsifying agent, carrageenan gum is finding applications in the cosmetic industry. Growing consumers’ preference for natural ingredients in skincare and personal care products will further create growth prospects in the market.

Besides this, carrageenan gum-based biomaterials are increasingly being incorporated with pharmaceutical formulations to develop nanomaterial drug-delivering agents such as nasal sprays, thereby driving sales.

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Additionally, rising demand for dairy products and processed meat products in countries including the U.S., the U.K., China, and India is creating lucrative opportunities for market players to launch innovative products in the market.

“Increasing applications of carrageenan in the food & beverage industry, coupled with research and development for sustainable products will enable growth in the market during the assessment period,” says the FMI analyst.

Key Takeaways from the Carrageenan Gum Market Survey

  • Food & beverage sector is anticipated to account for the maximum revenue share in the market.
  • The U.S. market is anticipated to exhibit high growth owing to the presence of some of the leading cosmetics and food companies.
  • Increasing meat consumption in China will augment the carrageenan gum market growth.
  • The U.K. will emerge as a lucrative market, due to expansions in the cosmetic industry and increasing investments in research and development for product innovations.

Competitive Landscape

CP Kelco ApS, Marcel Carrageenan Corporation, FMC Corporation, E. I. du Pont de Nemours and Co., Extractos Naturales Gelymar S. A., Ingredients Solutions, Inc., Kerry GroupCargill, Incorporated, Altrafine Gums, and W Hydrocolloids, Inc. are among the leading players operating in the carrageenan gum market as profiled by FMI, accounting for 20-40% of the total market share.

Prominent growth strategies adopted by leading players include expansions in distribution networks, mergers, collaborations, and acquisitions. Production facility expansions to cater to the increasing demand from end-use industries will continue gaining significance during the forecast period. For instance:

  • In July 2021, global leader in nature-based ingredient solutions CP Kelco extended its distribution relationships with Azelis to expand its product portfolio in the Netherlands. Effective August 1st, Azelis will distribute CP Kelco’s products in the Netherlands as a part of continuously developing collaboration between both companies.
  • In July 2021, Kerry Group acquired Hare Topco Inc, operating as Niacet Corp., in a U$ 1.01 Bn deal, strengthening its food preservation and preservation strategies for better positioning in the market.

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More Insights into the Carrageenan Gum Market Report

In its latest report, FMI offers an unbiased analysis of the global carrageenan gum market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of application type (food & beverages, personal care, and toiletries, pharmaceuticals, feed, and pet food), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

On-the-go Breakfast Products Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2026

According to a recent study, Future Market Insights projects that the global for on-the-go breakfast products market will rise at 4.2% CAGR from 2019 to 2026, reaching US$ 1,853.2 million by the end of 2026. In the report, titled “On-the-go Breakfast Products Market: Global Industry Analysis & Opportunity Assessment, 2019-2026,” Future Market Insights estimates that moderate consumption of on-the-go breakfast products in the world is factored by low consumer awareness. While the convenience in consuming & manufacturing packaged food products favours the growth in popularity of on-the-go breakfast products, a majority of consumers are likely to be less aware of the benefits of replacing regular breakfasts with such products

Rising Demand for Quickly-made and Healthy Breakfast Stokes Growth Prospects

Growing demand for packaged foods creates need for increasing presence of on-the-go breakfast products in food & beverage retail stores. Manufacturing ready-to-eat edibles has become profitable for leading F&B companies as innovative technologies continue to deliver cost-effectiveness in production, preservation and packaging processes. Globally, the demand for on-the-go breakfast products is increasing at an unprecedented pace, indicating that consumers from around the globe are preferring quickly-made yet healthy breakfasts such as oatmeal or yogurt cereals. The biggest challenge, however, is that global distribution for on-the-go breakfast products has been riddled with several shortcomings that abridge the supply chain and lower the presence of such products in consumer retail outlets.

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Absence of Strong Distribution Network Curtails Growth

Distribution of on-the-go breakfast products in several regions is projected to be inconsistent, which is hampering the overall growth of the global market. Consumers in developed countries are more aware about on-the-go breakfast products compared to developing regions. Manufacturers in developing countries such as Brazil, China and India, among others, are known to opt for selective distribution channels such as sociality outlets and e-tailing platforms. As a result, the on-the-go breakfast products distribution in these regions is weakened due to less prevalence in other distribution channels. Furthermore, expensive costs of on-the-go breakfast products, compared to other ready-to-eat products, is also sidetracking consumer preferences with respect to packaged breakfast products.

Western Europe Exhibits High Demand for On-The-Go Breakfast Products

In 2016, over one-fourth of the global on-the-go breakfast products revenues are estimated to be amassed from Western European countries. The on-the-go breakfast products market in Western Europe is expected to remain dominant through 2026, reaching US$ 566.4 million in market value. On the other hand, Eastern Europe’s on-the-go breakfast products revenues will incur a sluggish growth, expanding at merely 2.2% CAGR over the forecast period. The on-the-go breakfast products market in Asia-Pacific excluding Japan (APEJ) region will account for over 18% share of global market, while Japan’s on-the-go breakfast products revenues will surpass US$ 200 million by 2026-end. Over the forecast period, sales of on-the-go breakfast products in Middle East & Africa (MEA) will grow at the slowest pace, Latin America’s global market share will remain less than 10%. Meanwhile, growing demand for healthy & convenient breakfasts in the US is expected to instrument a favourable growth in demand for on-the-go breakfast products in North America.

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Key Insights into Market

  • Quaker Oats Company is expected to continue being recognised as one of the largest manufacturers of on-the-go breakfast products in the world.
  • Throughout the forecast period, the demand for breakfast cereals will continue remain high, accounting for more than 65% of the global market revenues.
  • Supermarkets will continue accounting for more than 50% of global distribution of on-the-go breakfast products.
  • Expanding market presence through launch of new on-the-go breakfast products such as cereals, drinks or dairy-based items, will be a key strategy for Kellogg’s Co.
  • Other companies partaking in the growth of global on-the-go breakfast products market includes, MOMA, Uncle Toby’s, Sanitarium, General Mills, Inc., Anchor, Bagrry’s India Ltd., Weetabix Ltd., and Nestlé S.A.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Guarana Market Analysis By Types, New Technologies, Applications, New Opportunities After COVID-19 and Forecasts 2021-2026

Future Market Insights delivers key insights on the Guarana market in its upcoming outlook titled “Guarana Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. In terms of value, the global Guarana market is projected to register a healthy CAGR of 7.3% during the forecast period (2016–2026). This is attributed to various factors, regarding which Future Market Insights offers vital insights in detail. Guarana being the best alternative to caffeine is expected to create massive demand over the forecast period due to its health benefits over caffeine and is expected to escalate the demand for the energy drinks application segment in the global Guarana market.

The lifestyle of the global urban population is fast-paced as compared to that of the rural population. The urban population is more health conscious, which is a major factor causing a shift in preference towards natural ingredient-based energy drinks and fruit juices. Increasing health concerns among consumers and shifting preference towards more healthy dietary supplements are factors expected to significantly increase demand for Guarana in the near future. In Brazil, expansion of the organized retail has led to widespread supply of Guarana, through extensive distribution network. These factors are expected to bolster the growth of Guarana market in the near future. The global Guarana market is expected to register a significant value over the forecast period owing to increasing per capita energy drinks consumption in the country. The health and wellness trend is also expected to support the global Guarana market and stimulate companies to innovate across the supply chain in order to enhance the nutritional profile of Guarana.

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The growth of the Guarana market is also expected to increase significantly due to rising demand for natural and herbal cosmetic products such as Guarana in sensitizers, conditioners, shampoo etc. among global consumers. Various government agencies and institutions are promoting dietary supplements in order to control and prevent diseases such as obesity, blood pressure and high cholesterol is expected to drive demand for Guarana.

One of the major restraints is that price of Guarana is high, as most of the Guarana is produced in Brazil due to which producers have full control over its prices. Hence, high prices of Guarana is a major factor expected to hamper the growth of the Guarana market over the forecast period.

Major factors restraining the growth of the global Guarana market include a high volume use of Guarana in beverages, which leaves other industries such as dietary supplements, confectioneries and cosmetics with moderate volumes of Guarana.

Segmentation analysis

  • Quick absorption effect of Guarana liquid form as compared to powder form is likely to increase the share of liquid product form in the global Guarana market
  • Powder product form segment is estimated to account for 6% value share by 2016 end
  • Increasing demand for sweetened and carbonated soft drinks such as cold drinks and other sports drinks for energy enhancement by athletes and sports persons is expected to fuel the growth of the energy drinks segment over the forecast period
  • The Confectionery products segment is estimated to account for 12.8% value share by 2016 end. Emphasis on health consciousness by consumers has raised the demand for healthier confectionery products, which in turn is expected to boost the growth of this segment over the forecast period

Market segmentation

To understand and assess opportunities in the global Guarana market, we have divided the report into three sections bases on market segmentation as under:

By Application

  • Confectionery Products
  • Fruit-juice based drinks
  • Energy drinks
  • Dietary supplements
  • Cosmetics
  • Others

By Product Form

  • Liquid
  • Powder

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

View TOC of Report @ https://www.futuremarketinsights.com/reports/guarana-market/table-of-content

Regional analysis

On the basis of region, the global Guarana market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. The Latin America Guarana market is projected to grow with the highest CAGR over the forecast period due to a growing production of Guarana in Brazil. North America is anticipated to witness the highest share in the global Guarana market owing to increase in per capita consumption coupled with growing awareness related to the benefits of Guarana.

Vendor insights

The global Guarana market report analyses business performance of top market players. Long-term strategies and other key developments of some of the leading market players operating in the global Guarana market are also analysed. Key players profiled in the global Guarana market report include Vitaspice, Prover Brasil, Herboflora, Duas Rodas Industrial, Ambev, AR De Sousa Ribeiro, Iris Trade Inc. Some of the local players profiled in the report include The Green Labs LLC, Natural Amazon Herbs Producao De Extratos Ltda, and Nutra Green Biotechnology Co., Ltd.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Micellar Casein Market Study For 2021 To 2031 Providing Information on Key Players, Growth Drivers and Industry Challenges

Micellar casein market, derived from milk has been exhibiting application across diverse sectors. Its increase use for meeting the demand for essential amino acids for healthy living will push the micellar casein market’s overall value to nearly US$ 510 Mn by 2021.

Consumers’ preferences towards protein-rich diet is driving the growth of micellar casein market globally. Micellar casein is a protein found in regular dairy milk processed through filtrations. Processed food products are rapidly growing accelerating the demand for micellar protein. Demand for functional beverages and nutritional food is triggering the growth of micellar casein market. Alongside micellar casein is a slow realising protein and have all nine amino acids.

The rising demand for multiple protein sources among athletes and sportsperson, will aid the expansion of the market. Micellar casein is used as supplements to reduce muscles pain and is increasingly included in nutritional powder or bars. Furthermore, micellar casein is used in healthcare industry to reduce weight, prevent heart related disease and many more. Consumption of micellar casein is more in concentrated form than isolated form as it is easy to use and convenient. The concentrated form of micellar casein held 65.5% of the market in 2020.

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Key Takeaways from the Micellar Casein Market Study:

  • Micellar casein market is expected to surpass US$ 820 Mn by 2031
  • The U.S. has emerged as a key market in North America. It will hold nearly 90% of North America market in 2021
  • The U.K. will account for nearly 15% of the Europe micellar casein market in 2021
  • Germany and France are other attractive markets for micellar casein in Europe
  • The demand from Japan and South Korea will support expansion in East Asia

“The rising number from dairy products producing companies is anticipated to boost the micellar casein market. It is a key ingredient used to make various dairy products such as cheese, butter, yoghurt, nutritional powder, and many more products. Due to its high protein content and natural, additive-free nature, micellar casein is being increasingly used in various infant nutrition formulas. In order to capitalize on existing opportunities market players have been focusing on product launches across various categories,” said a lead analyst at FMI

Awareness Regarding Health Benefits Micellar Casein Aiding Sales

Flavour, texture, and stability are the key properties that determine the extent to which an ingredient can be used in food and beverage applications. For instance, the bland flavour of micellar casein is very helpful when used in beverages as this helps in highlighting the true flavour of the beverage, while adding the necessary proteins. Micellar casein is heat-stable and soluble at neutral pH, making it particularly useful for non-carbonated nutritional beverages. For instance, Glanbia plc launched Solmiko which is a perfect solution for applications where functionality, flavor, and low-micro counts are critical.

Who is winning?

Some of the leading companies operating in the micellar casein market are The Milky Whey, Inc., Arla Foods Ingredients Group P/S, ProteinCo, Idaho Milk Products, FrieslandCampina Domo, AMCO Proteins, Ingredia SA, Havero Hoogwegt, Glanbia Nutritionals, Inc., Nutrimed Healthcare Private Limited and others.

Company are manufacturing micellar casein protein derived from fresh milk ideal for the fortification of nutritional powders, protein beverages, or for dairy protein fortification. For Instance: Milk protein isolates of Fonterra Co-operative Group are suitable for a variety of applications such as medical nutrition, health food supplements, pediatric products, dairy products, coffee and beverage whiteners, and nutritional beverages.

ProteinCo sells various supplements under the following categories: energy, general health, weightloss products, protein, creatine, amino acids, and hormone health. Its products are applicable for segments such as weight gain, power & strength, muscle recovery, lean muscle, fat lose, speed, energy, endurance, fitness, active lifestyle, general health, and injury prevention.

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Get Valuable Insights into hydrolysed vegetable protein market 

Future Market Insights, in its new offering, provides an unbiased analysis of the micellar casein market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the micellar casein market based on product type (Micellar Casein Isolate, Micellar Casein Concentrate), By Application ( Nutritional Beverages, Clinical Nutrition, Bakery, Meat Product, Nutritional Powders and Bars, Protein Fortification, Dairy Beverages, Supplements,Infant Nutrition, Dairy Products, Cheese, Coffee), and By Distribution Channel (B2B, and B2C) across seven major regions.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.