Global Surgical Scalpels Market Poised for Robust Growth, Projected to Reach USD 1.75 Billion by 2032

The global surgical scalpels market is set for remarkable expansion, with a recent market analysis forecasting substantial growth over the next decade. Valued at USD 1.21 billion in 2022, the industry is anticipated to experience a steady Compound Annual Growth Rate (CAGR) of 3.7% from 2022 to 2032. This growth trajectory is expected to propel the market to an estimated value of USD 1.75 billion by the end of the forecast period.

This positive outlook for the surgical scalpels market is driven by advancements in surgical technologies, an increasing number of surgical procedures, and rising demand for precision surgical instruments. As healthcare facilities and surgical centers continue to adopt cutting-edge technologies and techniques, the need for high-quality, reliable scalpels is expected to rise.

Key Factors Driving Market Growth:

  • Technological Advancements: Innovations in scalpel designs, materials, and manufacturing processes are enhancing the precision and effectiveness of surgical procedures, contributing to market growth.
  • Increasing Surgical Procedures: A growing volume of surgical operations worldwide, fueled by an aging population and increased prevalence of chronic diseases, is driving demand for surgical scalpels.
  • Rising Healthcare Investments: Enhanced healthcare infrastructure and investments in surgical technologies are boosting the adoption of advanced surgical tools, including scalpels.

Country-wise Insights Surgical Scalpels Market:

  • The United States has one of the largest healthcare markets globally and is a significant contributor to the surgical scalpels market.
  • There is a growing trend towards the adoption of disposable surgical scalpels due to concerns about infection control.
  • Market players in the U.S. often focus on innovation and product development to cater to the demands of the healthcare industry.
  • The European surgical scalpels market is diverse, with variations in demand and regulations from one country to another.
  • Germany, France, and the United Kingdom are some of the prominent markets in Europe.
  • Strict regulatory standards and a focus on patient safety drive product development and quality.
  • The Asia-Pacific region, including countries like China and India, is witnessing significant growth in the surgical scalpels market due to a growing population and improving healthcare infrastructure.
  • Cost-effective alternatives, including reusable scalpels, are still prevalent in some markets in this region.
  • Increasing medical tourism in countries like Thailand and Singapore also contributes to the demand for surgical scalpels.
  • The surgical scalpels market in Latin America varies from country to country, with Brazil and Mexico being some of the larger markets.
  • Economic factors, such as healthcare spending and government policies, can significantly impact market growth in this region.
  • The Middle East, particularly countries like Saudi Arabia and the United Arab Emirates, has a growing healthcare sector, which is driving the demand for surgical scalpels.
  • In Africa, access to healthcare varies greatly by region, affecting the surgical instrument market differently across countries.

Surgical Scalpels Trends on the Rise: Uncover the Full Scope with Our In-Depth Report!

Competitive Landscape:

  • Integra Life Sciences Corporation
  • PL Medical Co. LLC
  • 3D HISTECH Ltd
  • Apollo Enterprise Imaging Corp.
  • Huron Surgical scalpel
  • Ventana Medical System, Inc.
  • Hamamatsu Photonics K.K
  • Xifin, Inc.
  • Koninklijke Philips N.V
  • Visiopharm
  • Indica Labs, In
  • Swann-Morton Limited
  • Hill-Rom

Key Market Segments Covered in Surgical Scalpel Industry Research:

By Product:

  • Disposable Surgical Scalpel
  • Reusable Surgical Scalpel
    • Scalpel Handles
    • Surgical Blades

By Material Type:

  • Stainless Steel
  • High-Grade Carbon Steel
  • Others

By End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Nursing Centers
  • Reference Laboratories

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Grape Seed Extract in Pet Food Market Sales Surge as Pet Owners Demand Natural Ingredients

Grape Seed Extract in Pet Food Application Market
Grape Seed Extract in Pet Food Application Market

The grape seed extract in pet food application market is securing a valuation of US$ 43 million in 2023 and is rising to US$ 73.7 million by 2033. The market is registering a CAGR of 6% during the forecast period.

The grape seed extract is a dietary supplement derived from the seeds of grapes. It contains antioxidants that may help protect cells from damage caused by free radicals. Studies have also suggested that grape seed extract may have anti-inflammatory and antimicrobial properties.

Recently, grape seed extract has been increasing as an ingredient in pet food products. Pet owners are looking for natural and holistic alternatives to traditional pet food ingredients for potential health benefits.

Grape seed extract is preferred in pet food is due to its antioxidant properties. The section may help support a pet’s immune system and protect against oxidative stress, a common cause of chronic diseases. Additionally, grape seed extract may help promote cardiovascular health, joint health, and skin and coat health in pets.

It is important to note that using grape seed extract in pet food is still a relatively new trend. As with any dietary supplement or ingredient, consult a veterinarian before adding grape seed extract to your pet’s diet.

Key Takeaways:

  • The grape seed extract in pet food application market is expected to have a valuation of US$ 7 million by 2033.
  • With a CAGR of 6%, the global market is increasing during the forecast period.
  • The United States grape seed extract in pet food application market is anticipated to expand at a CAGR of 8% through 2033.
  • Historically, the market secured a CAGR of 3% between 2018 and 2022.

Who is Winning?

The key players fragment the market by adopting several marketing methodologies. A few of the key players in the grape seed extract in the pet application market may adopt the following strategic policies:

  • Expansion of Product Line:Key players in the market may expand their product line by introducing new pet food products containing grape seed extract. This strategy can help companies differentiate themselves from competitors and attract new customers.
  • Partnerships and Collaborations:Companies may form partnerships or collaborations with other players in the market to leverage their expertise and resources. For example, a company specializing in pet food production may collaborate with a company specializing in grape seed extract production to develop new products.
  • Marketing and Promotion:Key players may invest in marketing and promotion campaigns to create awareness and increase product demand. This strategy can help companies improve their market share and attract new customers.
  • Research and Development:Companies may invest in research and development to identify new applications for grape seed extract in pet food products. This strategy can help companies stay ahead of the competition and meet the evolving needs of pet owners.
  • Mergers and Acquisitions:Key players may also engage in mergers and acquisitions to consolidate their position in the market and gain access to new markets or technologies. This strategy can help companies achieve economies of scale and enhance their competitive advantage.

Other Essential Players in the Market:

  • NutriScience Innovations LLC
  • Kemin Industries, Inc.
  • Nexira
  • Martin Bauer Group
  • Naturex
  • Indena S.p.A.
  • BI Nutraceuticals
  • Sabinsa Corporation
  • Swanson Health Products
  • NOW Health Group, Inc.
  • Blue Buffalo Co., Ltd.
  • Hill’s Pet Nutrition, Inc.
  • Mars Petcare Inc.
  • Nestlé Purina PetCare
  • Royal Canin

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/grape-seed-extract-market

Recent Developments in the Market:

  • NutriScience Innovations LLC:In 2020, NutriScience Innovations introduced a new grape seed extract product called Nutri-Master GSPE. This product is a water-soluble grape seed extract used in pet food and other animal nutrition applications. According to the company, Nutri-Master GSPE has a high concentration of polyphenols and antioxidants, making it an ideal ingredient for supporting pet health.
  • Naturals Best Inc.:Naturals Best Inc. has continued expanding its pet supplements that contain grape seed extract. In addition to its existing products, the company has launched several new accessories that feature grape seed extract as a key ingredient. These include ‘Healthy Coat for Dogs and Cats,’ ‘Calming Aid for Dogs and Cats,’ and ‘Immune Support for Dogs and Cats.’
  • NaturVet: NaturVet has recently introduced a new line of pet supplements called ‘Vital Pet Life.’ This line includes several products that feature grape seed extract, such as Joint Support Soft Chews, Senior Advanced Soft Chews, and Immune Health Soft Chews. The company has also launched a new product called Hemp Quiet Moments, which contains hemp seed oil, melatonin, and other natural ingredients to help calm pets during stressful situations.

Grape Seed Extract in Pet Food Application Market by Category

By Nature:

  • Organic
  • Conventional

By Animal Type:

  • Cat
  • Dog
  • Birds
  • Horse
  • Rabbits

By Product Type:

  • Wet Food
  • Dry Food
  • Treats and Chews
  • Frozen

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Snack Pellets Market Increasing Sales and Demand for Versatile Snack Manufacturing Ingredients

Snack Pellet Market
Snack Pellet Market

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Snack Pellets are estimated to reach a value of USD 3 billion by 2032, surging at 4.0 % CAGR through the decade.

Snack Pellets are a popular and trendy eatable in the market, and they are convenient for snack Pellet manufacturers since they are made from a variety of raw materials such as potato, powdered veggies, and cereals such as rice, corn, and mixed grains.  It’s a semi-finished snack that can be extended using the extrusion process.

Snack Pellets are widely regarded by snack makers around the world due to their high density and longer shelf life and, which facilitates storage and makes shipping simple and creates value for money.

Since every snack consumer has individual tastes preference, semi-finished pellet snacks are tailored to satisfy those needs by mixing spices and other components during the expanding process to produce finished eatables. By combining spices and expanding procedures such as  air-popping, roasting with spices of their choice hot oil frying, or  baking , pellet snacks can suit the expectations of many groups, countries, geographies, gender, and age range.

Aside from this, due to customers’ busy lifestyles and increased taste, ingredients, and flavour, there is a growing demand for ready-to-eat snacks.

Key Takeaways from Market Study

  • Due to a rise in consumption for savoury snacks in the area, European countries will lead the global Snack Pellets Market with the largest share of USD 2.04 billion in 2021.
  • Majority of the businesses have moved their manufacturing operations to the Asia-Pacific area.
  • With a market share of x.x%, Germany is one of the most important countries in the European Snack Pellets market.
  • Multigrain reflect approximately x.x% market share, but potato snack pellets are estimated to witness a high growth rate of y.y% over the forecast period.
  • COVID-19 epidemic has pushed people to eat more snacks, more frequently, thereby supporting market growth.
  • Market players are experimenting with new ways to handle, package, and distribute the new generation of sustainable, healthful, and inventive foods.

“Due to consumers’ hectic lifestyles and increased taste, ingredients, and flavour, the snack pellets sector is on the rise. Increased product awareness, as well as industry-wide research and development, are critical elements in market expansion.”, –says a lead analyst at Future Market Insights.

Competitive Landscape

Snack pellets have a strongly competitive global market. Suppliers compete in areas such as innovation, price, and distribution. Companies make significant investments in R&D to improve their products and meet customer demand.

Some of the leading companies offering Snack Pellets are Quality Pellets A/S , Intersnack Group GmBH & Co., Balance Foods Inc.,  KG, J.R. Short Milling Company, Dalmaza Food Industries Co., and Grupo Industrial Michel.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/snack-pellets-market

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the snack pellets presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the snack pellets based on product type (Potato, Corn, Rice, Tapioca, Mixed Grains, Others (Cereals, Legumes, Etc.)), flavour (flavoured and non flavoured), technique (Single-Screw Extruder, Twin-Screw Extruder), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Air Fryer Market Industry Demand Soars as Consumers Opt for Healthier Cooking Solutions

Air Fryer Market
Air Fryer Market

The air fryer market value is poised for significant growth, with the global market size projected to reach US$ 982 million in 2024. The demand for air fryers is expected to witness a CAGR of 6.7% from 2024 to 2034. By 2034, the air fryer sales are anticipated to reach a valuation of US$ 1,883 million.

Increased consumer health consciousness and demand for effortless, time-saving cooking solutions stimulate demand for air fryers. Some major barriers to further enlarging the market for air-frying devices include competition with other cooking devices, reliance on power, and low capacity for cooking large volumes.

Other positive drivers of the healthy cooking appliances market include the increase in online shopping platforms and e-commerce and the introduction of smart technologies for home appliances. In contrast, air fryers are forecasted to have the potential to affect their market because consumers might be unaware of air fryers and the benefits associated with them.

Air Fryer Sales Landscape

  • The rise in health and fitness awareness has been marked as one of the major drivers increasing growth for the air fryer market. An increasingly health-conscious consumer seeks healthier cooking solutions with minimal or no oil, with the ability to use less oil than deep frying. Air fryers have the potential to consume crispy food with a lower oil content compared to deep-frying methods.

Air Fryers Soar as Consumer Awareness Shifts Towards Healthier Lifestyles

Consumers’ growing health and fitness consciousness is augmenting demand for air frying technology. The use of harmful fats, linked to several health problems like heart disease and high cholesterol, can be decreased by utilizing an air fryer, which uses either very little oil or none. This contributes to lowering the chance of fat-related health problems. The increase in awareness of health and wellness pushes the digital air fryer market.

Many dietary preferences can be satisfied with hot air frying appliances. They are a more sustainable and healthful solution because they use less oil than traditional frying. This gives consumers a healthier way to enjoy fried food because they won’t need to ingest a lot of oil.

The demand for air fryers in North America has grown due to the region’s population becoming more health-conscious and adopting healthier cooking techniques. The time-saving features and ease of adoption of air fryers have also drawn busy homes in North America. The popularity of cooking at home is growing, which has increased air fryer sales.

The air fryer industry is expanding quickly in the Asia Pacific. Increased desire for quick and easy cooking solutions results from urbanization and increased disposable incomes. As fried food is so popular in the area, people choose rapid hot air cookers instead of cooking with as much oil to save money on their favorite foods’ flavor and texture.

“Growing health consciousness and the need for convenient cooking are propelling the air fryer market, which is expected to develop steadily. Customer preferences for healthy lifestyles compel the upward trend of the sales of digital air fryers along with technological improvements.” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways:

  • The 1200 to 1500-watt segment in the wattage category to grab a share of 35.7% from 2024 to 2034.
  • In the device type category, the automatic segment acquired a market share of 96.4% between 2024 and 2034.
  • The United States air fryer sales are anticipated to surge at a CAGR of 4.3% by 2024.
  • Germany’s air fryer demand is anticipated to develop at a CAGR of 5.8% through 2024.
  • China’s sales of air fryers are expected to surge at a CAGR of 2.5% until 2034.
  • India’s air fryer industry is anticipated to boost at a CAGR of 6.8% by 2024.
  • The United Kingdom commercial air fryer market is likely to exhibit a CAGR of 8.3% by 2024.

Competitive Landscape:

With numerous air fryer vendors, the global market is very competitive. Easy-to-use kitchen equipment is in high demand from consumers. Due to this, air fryer manufacturers are creating more feature-rich and efficient models while also meeting consumer demand. The air fryer providers also implement several growth methods to increase their market share locally and internationally, including joint ventures, product launches, and mergers and acquisitions.

Key Air Fryer Manufacturers:

  • Koninklijke Philips N.V.
  • Stanley Black and Decker, Inc.
  • Breville Group Limited
  • Groupe SEB
  • SharkNinja Operating LLC (CDH Private Equity)
  • Cuisinart Corporation (Conair Corporation)
  • Meyer Manufacturing Company Limited
  • GoWISE USA (Ming’s Mark Inc)
  • NuWave, LLC
  • De’ Longhi Appliances S.r.l

Noteworthy Developments:

  • In May 2023, Philips and Croma jointly introduced the Philips Airfryer HD9257/80, a transparent frying window air fryer.
  • INALSA introduced the Nutri Fry dual-zone air fryer in September 2022. Two baskets with a maximum XL capacity are included with the 2100-watt fryer.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/air-fryer-market

Key Segments:

By Device Type:

  • Manual
  • Automatic

By Wattage:

  • Below 1200 Watt
  • 1200 to 1500 Watt
  • 1500 to 1800 Watt
  • 1800 to 2200 Wattage
  • 2200 Wattage and Above

By End Use:

  • Commercial
  • Residential

By Price Range:

  • Below US$ 25
  • US$ 25 to US$ 100
  • US$ 100 to US$ 200
  • US$ 200 to US$ 300
  • US$ 300 and Above

By Sales Channel:

  • Direct Sales
  • Supermarket/Hypermarket
  • Department Stores
  • Specialty Stores
  • Online Retailers
  • Other Sales Channel

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Food Grade Alcohol Market Growing Sales Driven by Beverage and Industrial Applications

Food-Grade Alcohol Market
Food-Grade Alcohol Market

According to Future Market Insights (FMI), the global food-grade alcohol market is expected to be worth US$ 4.16 billion in 2023 and US$ 6.16 billion by 2033, expanding at a CAGR of 4.0% during the forecast period.

The food-grade alcohol demand may get fueled by an upward trend in the demand for spirits and beers in various economies. Expansion in the food processing industry, combined with rising ethanol consumption accelerates organic food-grade alcohol market expansion.

Market Opportunities

The conventional food-grade alcohol market ought to develop significantly over the forecast years, owing to an increase in the sale of alcoholic drinks, as well as improved alcohol trade across developing economies due to favorable trade rules.

Escalating sophistication in the food and beverage industry is leading to an increase in the use of efficient preservatives, flavorings, and other ingredients. This can contribute to the enhancement of the product’s taste while also improving its shelf-life, which is to fuel the growth of the food-grade alcohol products market in the coming years.

The advancement of the countries, as well as the involvement of ethanol co-products in the feed sector, may provide further prospects for the expansion of the food-grade alcohol market in the approaching years.

Negative Health Effects Dwindling Economic Growth of the Market

The negative health effects of excessive alcohol intake, along with demographic and legal concerns related to alcohol usage, may stymie organic food-grade alcohol market expansion during the predicted years.

In the near future, the volatile raw material prices and rigorous limits on the use of alcohol in food and beverages, health, and personal care products may provide additional challenges to the food-grade alcohol market growth.

Regional Evaluation

Due to increasing alcohol consumption by end-use industries including food, pharmaceuticals, and cosmetics & personal care across countries in Europe, leading the region with the lion’s share of the conventional food-grade alcohol market and is to maintain its dominance during the forecast years.

The region’s well-established food and beverage sector and significant adoption of food-grade alcohol in the creation of various types of food flavors, vinegar preparation, and other processes are to be the catalyst for the organic food-grade alcohol market expansion.

Key Takeaways:

  • Between 2023 and 2033, the United States may command a market share of 3.8%.
  • From 2023 to 2033, Germany’s market share may capture 5.2%.
  • Japan can boost its share of the market to 3.6% between 2023 and 2033.
  • Australia’s market share between 2023 and 2033 is likely to be 2.9%.
  • China food-grade alcohol products market is to advance at a 7.7% CAGR between 2023 and 2033.
  • Between 2023 and 2033, India market is to register a CAGR of 13.7%.
  • The market in the United Kingdom is to blossom at a CAGR of 4.2% between 2023 and 2033.

Insights into Notable Businesses and Market Dominance

The global market is very competitive, with the leading international brands focused on long-term relationships with end customers. Competition is to raise more in the food and beverage, pharmaceutical, and personal care sectors in the future years.

Sucrogen Bioethanol Pty. Ltd., MGP Ingredients, Inc., Shree Renuka Sugars Limited, AppliChem GmbH, Balrampur Chini Mills Ltd. (Sugar Division), Shanker International, Cargill, Incorporated, Cristalco S.A.S, Grain Processing Corporation, and others are among the food-grade alcohol manufacturers and suppliers of food-grade alcohol products.

Many food-grade alcohol product manufacturers and industrialists have expressed an interest in food-grade ethanol, which may increase food-grade alcohol demand among food makers and consumers in the coming years.

Notable Economic Innovation

  • Acquisition

Cargill Incorporated purchased Rogers, Arkansas-based BioBased Technologies, and Agrol, their vegetable-based polyol product line, in May 2017.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/food-grade-alcohol-market

Key Segments

By Nature:

  • Organic
  • Conventional

By Application:

  • Spirits
  • Vinegar
  • Extracts
  • Cosmetics & Fragrances
  • Pharmaceutical
  • Nutraceutical
  • Other Industrial Applications

By Function:

  • Aromas
  • Preservatives
  • Solvents
  • Disinfectants
  • Others

By Source:

  • Sugarcane
  • Wheat
  • Rye
  • Barley
  • Corn
  • Others

By Region:

  • North America (The United States & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (Germany, Italy, France, United kingdom, Spain, BENELUX, Nordics, Russia, Poland & Rest of Europe)
  • Middle East & Africa (GCC, South Africa & Rest of the Middle East and Africa)
  • East Asia (China, Japan & South Korea)
  • South Asia (India, Thailand, Indonesia, Malaysia & Rest of South Asia)
  • Oceania (Australia & New Zealand)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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

Nutritional Ingredients in Animal Feed Market Industry Demand for Healthier Livestock Nutrition

Nutritional Ingredients in Animal Feed Market
Nutritional Ingredients in Animal Feed Market

According to a recent study by Future Market Insights (FMI), the global nutritional ingredients in animal feed market is experiencing significant growth, driven by the increasing per capita consumption of meat products in developing regions and the expansion of the livestock industry. Projections indicate that the market will reach a valuation of USD 93.2 billion by 2022, with a compound annual growth rate (CAGR) of 7.1% expected from 2022 to 2032.

The demand for enhanced animal productivity is fueling the growth of the nutritional components industry in animal feed. As animals play a vital role in the food chain, ensuring their health and well-being through balanced diets is paramount. The global food industry is poised to be a key driver of market expansion. However, challenges such as lack of awareness and the high cost of feed may prompt farmers to seek cheaper alternatives, posing potential hurdles to market growth. Nonetheless, with ongoing research and development efforts, product innovations hold the potential to unlock significant opportunities in the market.

Key Research Findings of FMI’s Nutritional Ingredients in Animal Feeds Market Study

  • Soybean meal in animal feeds will continue to account for a majority of the market revenue.
  • Key players are expected to invest in the development of new microbial strains to bolster immune function in animals and attain an edge on the competition.
  • North America continues to lead the global market, owing to a major livestock industry.
  • Europe and Latin America will display steady growth with rising demand for animal products.

Key Growth Drivers – Nutritional Ingredients in Animal Feeds Market

  • Expansion of the livestock feed industry and aquaculture in developing countries is driving the growth of nutritional ingredients in the animal feeds market.
  • Rising per capita meat consumption figures is a key factor shaping popularity of nutritional ingredients in animal feeds market.
  • Restrictions on the use of antibiotics and growing awareness about animal health among pet owners broadens their scope of adoption.

Key Impediments – Nutritional ingredients in animal feeds Market

  • High costs related to the production and sale of animal feeds in different countries continues to be a major restraint for the growth of the nutritional ingredients in animal feeds market.
  • Lack of awareness among a large number of potential end users will remain a key impediment facing manufacturers of nutritional ingredients in animal feeds.

Competition Structure Analysis – Nutritional Ingredients in Animal Feeds Market

Competition landscape of the global nutritional ingredients in animal feeds market will primarily remain influenced by investments in vertical integration of businesses to fend off competition. Chinese companies in particular have been displaying high levels of competitiveness. Smaller companies and venture capitalists will be seen as one stop solutions for consumers to gain an edge over the competition. The development of novel microbial strains and a widening product portfolio marks a significant trend that would shape up the competition in the near future.

Some of the key participants in global nutritional ingredients in animal feeds market that are profiled in this Future Market Insights’ report, which include but are not limited to, Altech Corp., BASF SE, Barentz, and Ingredion Inc.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/nutritional-ingredients-in-animal-feed-market

Nutritional Ingredients in Animal Feed Market by Category

By Source, Nutritional Ingredients in Animal Feed Market is segmented as:

  • Corn
  • Wheat
  • Soyabean Meal
  • Fish
  • Oats
  • Alfalfa
  • Others

By Nutrition Type, Nutritional Ingredients in Animal Feed Market is segmented as:

  • protein
  • vitamins
  • Amino Acid
  • Enzymes
  • Acidifiers
  • Antibiotics
  • Antioxidants

By Animal Type, Nutritional Ingredients in Animal Feed Market is segmented as:

  • Poultry
    • Chicken
    • Turkey
    • Ducks
    • Others
  • Cattles
    • Cow
    • Sheep
    • Hoarse
    • Goat
    • Pig
    • Others
  • Fish
  • Others

By Region, Nutritional Ingredients in Animal Feed Market is segmented as:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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Functional Food and Natural Health Products Market Industry Sales Boom as Wellness Becomes a Priority

Functional Food and Natural Health Products Market
Functional Food and Natural Health Products Market

The global natural health products market demand, valued at USD 23.54 billion in 2023, is projected to expand significantly, reaching USD 38.56 billion by 2033. This growth, representing a compound annual growth rate (CAGR) of 5.3%, underscores a robust trend towards health and wellness globally. Key factors fueling this surge include increasing health benefits, consumer awareness, and the economic contributions of natural health products, especially in developing countries.

Driving Forces Behind Market Growth

The surge in demand for natural health products is strongly influenced by a variety of trends and consumer behaviors. The ongoing protein trend, coupled with diets favoring anti-aging and wellness, has significantly boosted the natural health product market. Consumers are increasingly prioritizing supplements and foods rich in protein and natural ingredients to achieve weight management, anti-aging benefits, and improved overall health.

Moreover, advancements in food technology and innovation have expanded the scope of natural health products. Companies are now leveraging high-quality ingredients and innovative formulations to create products that align with consumer preferences for natural and organic options. This shift is evident in the growing demand for functional foods, probiotics, omega-3 fatty acids, and plant-based products, which are increasingly being incorporated into daily diets.

Market Dynamics and Opportunities

The natural health products sector is benefitting immensely from the increased focus on weight reduction, enhanced nutritional benefits, and various health-related concerns. As a result, there is a growing market for products like protein-fortified foods, dietary supplements, and functional beverages. The demand for organic and naturally sourced ingredients is also on the rise, driven by consumer preferences for transparency, sustainability, and health benefits.

Key Insights:

  • Protein Trend: The global shift towards protein-rich diets is propelling the market for protein-fortified foods and supplements. This trend is not only enhancing product portfolios but also driving market expansion across various segments.
  • Consumer Awareness: The rise in consumer awareness about the health benefits of natural products is a significant growth driver. This awareness is shaping consumer choices, leading to increased demand for products with proven health benefits.
  • Technological Advancements: Innovations in food technology and ingredient sourcing are enhancing the functionality and appeal of natural health products. Companies are increasingly adopting sustainable practices and integrating advanced technologies to meet consumer demands.

Regional Market Insights

Dominating the global market with a share of nearly 30% in 2023, North America’s market growth is driven by the availability of a wide range of natural health products in various retail channels. The United States, holding approximately 84% of the North American market share, is witnessing a significant rise in the demand for natural health products, fueled by increasing consumer awareness and the proliferation of health-focused retail outlets.

Germany leads the European market, with a 17% share in 2023. The growing awareness among Gen Z and millennial consumers about the health benefits of natural products continues to boost market growth in this region. The European market is expected to grow at a CAGR of 2.9% through 2033.

The fastest-growing market, Asia Pacific’s growth is driven by rising health consciousness and increasing disposable incomes. India, with a 32% share in the South Asian market, is seeing rapid expansion due to its growing middle class and heightened focus on health and wellness.

Key Market Players and Developments

Leading players in the natural health product market are continuously innovating to enhance their product offerings and strengthen their market positions. Notable developments include:

  • General Mills has invested USD 2.3 million in advancing regenerative agriculture in Canada.
  • ADM has expanded its extrusion facility in Serbia to meet the growing demand for textured soy proteins.
  • Cargill continues to innovate with food research and development, supporting sustainable and health-focused product lines.

Key Companies Profiled

  • General Mills
  • ADM
  • Bremner Foods Ltd.
  • Cargill Inc.
  • GFR Pharma
  • Omega Nutrition Canada
  • Eurofins Experchem Laboratories
  • Aroma Borealis
  • Amway
  • Herballife
  • DPA Industries Inc.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/functional-foods-and-natural-health-products-market

Natural Health Product Market by Category

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Functional Food Product
    • Bakery & Confectionery
    • Dairy
    • Fish & Eggs
    • Canola-based
    • Pulses-based
    • Hemp-based
    • Flax-based
    • Oats-based
    • Barley-based
    • Soy
    • Oils & Fats
    • Others
  • Natural Health Product
    • Probiotics
    • Proteins & Amino Acids
    • Phytochemical & Plant Extracts
    • Prebiotics
    • Fibers & Specialty Carbohydrates
    • Omega-3 Fatty Acids
    • Carotenoids
    • Natural Vitamins
    • Natural Minerals

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact US:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Krill Oil Market Surging Sales Fueled by Health Consciousness and Omega-3 Demand

Krill Oil Market
Krill Oil Market

The krill oil market valuation is US$ 997.4 Mn in 2023 and is rising to US$ 2.7 Bn by 2033. Sales of krill oil are anticipated to grow at a CAGR of 10.5% during the forecast period.

The demand for krill oil is increasing in the food industry to provide healthy cooking foods and enhance food quality. Consumers are more conscious about their health and the food they eat. The adoption of krill oil as a better oil substitute will increase market opportunities during the forecast period.

The rising demand for functional food, healthy diets, and supplements will surge the market expansion during the forecast period. The availability of enriched products and changing lifestyles are accelerating the demand for krill oil.

How does Krill Oil help to Improve Patient’s Health?

The patients prefer krill oil to maintain their body cholesterol and high blood pressure, which is expected to bolster the market opportunities during the forecast period. The growing geriatric population and chronic disease patients are increasingly adopting krill oil to maintain their health.

Adopting krill oil reduces inflammation and gains healthy fats among patients increasing market growth during the forecast period. The demand for krill oil is increasing among patients to reduce joint and arthritis pain and improve their health.

Top Countries Influencing the Market:

The rising demand for krill oil supplements and promoting a healthy lifestyle is set to increase the US market expansion during the forecast period. Consumers are increasing the consumption of krill oil to avoid heart-related diseases and maintain cholesterol levels. These factors are influencing the US market growth.

The growing eating habits, healthy diet foods, and rising demand for nutrient-rich foods are accelerating the demand for krill oil in India. Gym trainers are increasing the consumption of krill oil capsules to maintain their daily nutrient diets and are thus advancing the Indian market. The present manufacturers and R&D activities uplift market opportunities.

Key Takeaways

  • The krill oil market in the United States is anticipated to grow at a CAGR of 10% through 2033.
  • With a CAGR of 11.1%, the United Kingdom’s krill oil marketsignificantly uplifts during the forecast period.
  • The krill oil market in China is expected to grow at a CAGR of 14.4% over the forecast period.
  • With a CAGR of 14.0% throughout the research period, the Indian krill oil market increases speedily.
  • The German market is anticipated to grow at a CAGR of 9.4% during the forecast period.

Who is Winning?

Prominent companies are uplifting their market share by innovating new products. These companies provide a healthy substitute oil that prevents chronic disease, high heart rates, and inflammation.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/krill-oil-market

A few of key players in the market are:

  • Neptune Biotech
  • Aker BioMarine AS
  • Alpha B&H Co.
  • Fuji Chemicals
  • Krill Canada
  • Rimfrost AS
  • Norwegian Fish Oil AS
  • Quingdao Kangjing Marine Biotechnology Co. Ltd.
  • Xi’an Prius biological engineering Co. Ltd.
  • Nutrifynn Caps Inc.
  • Others

Recent Developments in the Market:

In Nov 2020, Aker BioMarine announced its newly launched product Lysoveta- a delivery-based platform. The platform is LPC-bound DHA & EPA sourced from krill.

In Jan 2018, Aker BioMarine- the krill oil leader, acquired Enzymotec to enhance its business goals.

Krill Oil Market by Category

By Foam:

  • Liquid
  • Capsules
  • Soft Gel

By End Use:

  • Dietary Supplements
  • Functional Food and Beverages
  • Pharmaceuticals
  • Pet Food and Animal Feed
  • Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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

Bio Vanillin Market Sales Growth Accelerated by the Shift Towards Natural Flavoring Solutions

Bio Vanillin Market
Bio Vanillin Market

The global bio vanillin market is anticipated to reach a valuation of US$ 191.3 million in 2023, driven by increasing demand from pharmaceuticals and food & beverage industries. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.6% between 2023 and 2033, and reaching a total valuation of approximately US$ 380.7 million by 2033.

One of the major factors contributing to the growth of the bio vanillin market is the growing adoption of plant-based and vegan diets, which has led to an increased need for natural flavoring agents in these products. Bio vanillin, derived from plant sources, is seen as a suitable option for enhancing the taste of plant-based and vegan foods, including dairy alternatives, plant-based protein products, and non-dairy desserts.

Bio vanillin is also used in the fragrance and perfume industry as a key component in creating sweet and aromatic scents. Bio vanillin is expected to witness increased demand, as the fragrance industry expands and seeks natural fragrance ingredients.

The incorporation of bio vanillin into functional foods and nutraceuticals is gaining traction. Bio vanillin can be used to improve the taste and palatability of products that offer health benefits, such as fortified beverages, dietary supplements, and wellness products.

Ongoing research into the potential health benefits of bio vanillin, such as its antioxidant properties and potential therapeutic uses, could open up new applications and markets for this natural flavor compound.

Bio vanillin manufacturers are increasingly offering customized solutions to meet the specific flavor and aroma requirements of food and beverage companies. The ability to provide tailored solutions can enhance customer satisfaction and loyalty.

Companies in the bio vanillin market are investing in sustainable and environmentally friendly production practices. The investments not only align with eco-conscious consumer preferences but also reduce the environmental impact of production, making bio vanillin a more sustainable choice.

The emergence of new food trends, such as the demand for authentic and ethnic flavors, presents opportunities for bio vanillin. Its ability to enhance the taste profiles of diverse cuisines and specialty foods positions it favorably in these markets.

Key Takeaways from the Market Study

  • Global bio vanillin market was valued at US$ 178.1 million by 2022-end.
  • From 2018 to 2022, the market demand expanded at a CAGR of 7.3%.
  • China is expected to hold a dominant CAGR of 12.1% through 2033.
  • By application, pharmaceuticals & food & beverage segments to constitute CAGR of 7.1% and 7.0% respectively, through 2033.
  • From 2023 to 2033, bio vanillin market is expected to flourish at a CAGR of 7.6%.
  • By 2033, the market value of bio vanillin is expected to reach US$ 380.7 million.

Ongoing research into enhanced extraction techniques from natural resources like vanilla beans, is a major factor that is expected to propel the growth of the bio vanillin market in the near future, remarks an FMI analyst.

Competitive Landscape

Prominent players in the bio vanillin market are Evolva Holding, Firmenich SA, Solvay, De Monchy Aromatics, Advanced Biotech, Givaudan, Omega Ingredients Limited, Takasago International Corporation, Suzhou Function Group Co Ltd., and Apple Flavor & Fragrance Group Co., among others.

Recent Developments

  • In 2022, Firmenich announced plans to invest EUR 100 million in a new bio vanillin plant in France.
  • In 2021, Evolva Holding SA announced that it had received a $20 million investment from Mitsui & Co. to support the commercialization of its bio vanillin.
  • In 2021, Symrise AG announced that it had entered into a joint venture with BioAmber Inc. to produce bio vanillin from plant-based feedstock.
  • In the same year, Kemin Industries, Inc. announced that it had launched a new bio vanillin product that is made from sugarcane.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/bio-vanillin-market

Segmentation Analysis of the Bio Vanillin Market

By Application:

  • Food & Beverages
    • Ice Cream
    • Bakery and Confectionery
    • Chocolate
    • Other foods
  • Pharmaceuticals
  • Fragrances
  • Cosmetics
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia & Pacific
  • East Asia

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact 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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Potato Flakes Market Rising Sales Driven by Expanding Snack and Convenience Food Demand

Potato Flake Market
Potato Flake Market

The potato flake market is estimated to be worth US$ 8,056.80 million in 2024. Well-established popularity of processed food and snacks is making sure the demand for potato flakes remains strong. There is thus a firm base for the market to progress.

Through the year 2034, potato flake demand is set to progress at a CAGR of 4.8%. The food service industry is making increasing use of potato flakes as a thickening agent, in the preparation of delicacies such as soups and sauces. Mashed potatoes becoming more popular in non-traditional markets, such as Japan and China, which is also seeing the demand advance for the product.

By 2034, it is forecasted that the market value will have reached US$ 12,824.10 million. Through the forecast period, the number of vegan and vegetarian people is anticipated to rise substantially. With potato-based products being a common fixture in vegan and vegetarian diets, the demand for potato flakes is anticipated to progress strongly in the forecast period.

There are however stumbling blocks in the path of the market. Bad quality potatoes, resulting in mediocre potato flakes, are a risk that market players have to face up to. Alternatives like arrowroot and cornstarch, as thickening agents, also eat into the progress of the market.

“Through the presence of the burgeoning food and food service industry, the demand for potato flakes is inflating. While the market has some inherent drawbacks, investors are investing in expanding production facilities to keep the demand moving. Thus, the market presents opportunities for investors,” says an analyst at FMI.

Key Takeaways from the Potato Flake Market

  • The potato flake market is anticipated to be US$ 8,056.80 million in value in 2024.
  • Frozen potato flakes top the form segment in the market. For 2024, frozen potato flakes are expected to account for 56.7% of the market share.
  • Food service/HoReCa industry makes predominant use of potato flakes. For 2024, food service/HoReCa industry is anticipated to account for 44.1% of the market share.
  • India is a promising country for the market. The CAGR for India over the forecast period is forecasted to be 7.8%.
  • Germany is a country poised to be lucrative for the market. For the 2024 to 2034 period, the CAGR for Germany is pegged at 5.5%.
  • The market is expected to register a CAGR of 3.3% in the United States over the forecast period.

Competition Analysis of the Potato Flake Market

Market players are concentrating on improving production facilities to advance in the market. With the expanding food industry, market players are targeting geographic expansion. Some of the prominent companies in the market include Nestlé S.A., Bob’s Red Mill Natural Foods Inc., Idahoan Foods LLC, and McCain Foods.

Recent Developments in the Potato Flake Market

  • In March 2024, HyFun Foods announced plans to set up three new potato processing plants in India.
  • In February 2024, the Emsland Group laid out plans to more than double its production numbers at its potato processing facility in Emlichheim, Germany.

Stay Ahead in the Market: https://www.futuremarketinsights.com/reports/potato-flake-market

Key Segments

By Nature:

  • Organic
  • Conventional

By Form:

  • Frozen
  • Dehydrated

By End Use:

  • Business to Consumers
    • Hypermarket/Supermarket
    • Convenience Store
    • Specialty Store
    • Traditional Grocery
    • Online Retailers
  • Business to Business
    • Food Service Industry/HoReCa
    • Food Industry
      • Soups & Premixes
      • Bakery
      • Snacks
      • Frozen Food
      • Baby Food
      • Meat Processing
      • Animal Feed

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact 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