Market Research Blog

Global licorice candy market is projected to grow at a CAGR of ~5.7% between 2020 and 2030. Future Market Insights (FMI) has projected the sales of licorice candies to surge in sync with natural food category. The market is expected to gain an edge with the medical community becoming more absorbent with the holistic benefits of licorice. Spurred by these factors, FMI projects the licorice candy market to surpass US$ 250 Mn by the end of 2020.

These candies are available in different colors and attractive shapes, which are intended to attract consumers. Besides its colorful appearance and interesting shapes, licorice candies are known to ease pain of ulcers. They also help in improving resistance to stress. Awareness regarding a plethora of health benefits of licorice candy will fuel its demand in the near future.

With focus on preventive healthcare rising, healthcare products will be more frequently launched. FMI expects this trend to create favorable growth opportunities for the market.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11711

Key Takeaways from the Licorice Candy Market Study

• The rising focus on making confectionery items healthier will aid growth in the licorice candy market. In addition to this, attractive packaging of candies will remain a key growth enabler
• Demand from restaurants and hotels is expected to rise at a higher rate, yet household consumption will account for dominant share
•  The increasing demand for the sugar-free candy is creating lucrative growth prospects

Rising Demand for Sugar Confectionery Products to Propel Growth

The demand for licorice candies is expected to rise on account of the expansion of the bakery and confectionery segment. Licorice candies are highly preferred by baby boomers and millennial. With the key players offering licorice candy in a wide range of flavors such as strawberry, raspberry and others, a demand uptick is most likely.

Licorice candies are often made from ingredients that have anti –diabetic effect. These ingredients can help in reducing blood sugar, besides possessing anti-inflammatory properties. To make their products more attractive to younger generation, there is immense focus on innovative packing among market players. Spurred by these factors, the licorice candy market will exhibit sustainable growth in the coming years.

“Licorice candy market is gaining traction due to the increasing demand for confectionery goods. In addition to this, rising demand from schools and institutions, restaurant, hotels and other segments, besides household consumption will create favorable opportunities for growth” says an FMI analyst.

Who is winning?

Some of the key players in the licorice candy market are The Old Time Candy Company, Kookaburra Liquorice, Red Vines and Gimbal’s Fine Candy and the emerging competitors are Darrell Lea, AirHeads, Kenny’s Candy Company, Inc., Candy Crate Inc., Switzer’s Authentic American Licorice Company, Sweet Gourmet, The Hershey Company, Candy, Kenny’s Candy, RJ’s Licorice and others.

The key manufactures are focusing on the acquisition of local businesses to expand their footprint and product offering. Besides this, acquisition often allows them to gain competitive advantage.

Some of the recent examples of their expansion strategies are:

• In December 2019, Jelly Candy acquired the most reputed brand “Scottie Dogs licorice” of Gimbal’s jelly bean Gimbal Brothers, LLC to build its portfolio of confectionery and snack brand.
• In 2018, The Old Time Candy Company offered licorice candies with different candy gifts such as “ subscription boxes”, “ personalized candy  bar wrappers” “ corporate gifts and others.

Ask More About This Report@ https://www.futuremarketinsights.com/ask-question/rep-gb-11711

Market Segmentation

The global licorice candy market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Product Type

• Original Black Licorice
• Fruit Flavored Candy
• Apple
• Anise
• Grape
• Cinnamon
• Grape
• Strawberry
• Others

By Application

• Restaurants and Hotels
• Schools and Institutions
• Recreational and Sports Centers
• Household Consumption
• Others

Packaging

• Cans
• Jars
• Bottles
• Others

Sales Channel

• Direct Sales
• Indirect Sales
• Modern Trade
• Convenience Store
• Departmental Store
• Online Retailers
• Traditional Grocery Store
• Other Channels

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

Licorice Candy Market Outlook & Key Findings

• Future Market Insights (FMI) projects the global licorice candies market to surpass US$ 250 Mn by 2020 end
• While traditional licorice lovers are likely to exhibit demand for red and black varieties, newer users desire innovations in flavors, size, and texture
• Clean label licorice candies are likely to sweep the market. Citing this, FMI projects the licorice candy market to rise at 5.7% CAGR between 2020 and 2030
• Better acceptance to holistic benefits of licorice candies from medical community and its prescription will give considerable impetus
• FMI expects entry of established and large F&B companies in the market over the span for next three years

 

The global vegan flavors market size is expected to reach US$ 12.7 Bn by the end of 2030. As per FMI study, the vegan flavors market is expected to exhibit positive growth trajectory at 4.8% CAGR between 2020 and 2030.

The vegan, reducetarian and flexitarian population is rising across the globe because of which manufacturers are preferring the use of vegan flavors in processed, snacks, baked and confectionery food products. They are investing in research and development to foster innovations, which would aid in the expansion of the market.

Increasing awareness regarding health and wellness is encouraging consumers to make healthy lifestyle choices. This trend has put vegan flavors and ingredients under the spotlight. As leading companies scramble to capitalize on this opportunity, the market will witness frequent launch of gluten-free, organic, sugar-free, fat-free, and non GMO products.

The report provides an exhaustive overview of the vegan flavors market. It covers prevailing trends, growth drivers and potential restraints. The impact of various strategies adopted by the key players is studied as well in detail in the report.

“Vegan diet is trending across the globe and manufacturers are capitalizing on this opportunity by offering food products in unique vegan flavors. Key players in the market are also focusing on ascertaining product quality, sustainability of the vegan flavor products, partnership and joint venture to strengthen the supply chain, “said a lead analyst at FMI.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11701

It includes in-depth insights into the vegan flavors market. Some of these are:

• The estimated value of global vegan flavors market is US$ 7.9 Bn for 2020
• South Asia poised to offer 1.5X better opportunity prospects in mid to long term forecast period for players in the vegan flavor market
• Key players are focusing on customizing flavors to increase the sale of their products
• The unprecedented spread of COVID-19 has rendered consumers more health conscious. This, besides the spread of rumors linking the virus to meat consumption will push consumers in favor of vegan lifestyle. The vegan flavors market is likely to gain momentum as a result of this

Rising Health-Awareness Driving the Vegan Flavors Market Growth

The use of artificial additives and synthetic flavors has been linked to underlying causes of various illnesses. Consumers have therefore become cautious about ingredients used in their food. The scales have inevitably tilted in favor of organic, natural, additive-free, and chemical free food products.

The demand is likely to surge further as consumers consciously choose food to avoid food allergies, poisoning or other side effects. The trend has picked up pace in the last few years and is here to stay. The demand for clean label products has therefore surged.

Consumers are shifting to natural and organic products, as they are more aware about their own and their family’s health and well-being. Growing awareness about the harmful effects of synthetic and chemical additives has made them shift to products containing natural ingredients.

Manufacturers of these products also want to maintain the trust of their consumers, and therefore are maintaining transparency in the ingredients and production processes they use. Many manufacturers also specify the source of procurement of raw materials along with the region that it is procured from.

Due to the growing demand for natural food ingredients, the consumption of plant-based food ingredients is increasing as compared to ingredients derived from animal, seaweed, microbial & fermented and artificial sources. The willingness of consumers to pay a premium price for a natural products has changed dynamics of various markets, and is anticipated to yield positive results for players in the vegan flavors market.

Who is Winning?

Some of the key players operating in the vegan flavors market are International Flavors & Fragrances, Inc., Sensient Technologies Corporation, The Edlong Corporation, Innova Flavors, Flavor Producers, LLC, LorAnn Oils, Symrise AG., Givaudan SA, McCormick & Company, Inc., Döhler Group SE, Kerry Group and other players.

The companies operating in the market are focusing on acquisition, mergers, joint venture and expansion to increase their production capacity, expand their product portfolio and geographical presence. Key players are concentrating on launching unique products withvegan flavors.

• In July 2019, Symrise AG launched a new production line for liquid flavorings in Russia. It aimed to provide regionally-produced taste solutions for sweet, beverages, and dairy products.
• In May 2019, Givaudan SA completed the acquisition of the French company Albert Vieille SAS, which has a strong hold on the local market. This acquisition is expected to help the company to enhance its presence in European countries.
• In 2019, Unilever’s Magnum launched its first ever vegan ice cream in New Zealand. The products are marketed as Magnum Dairy Free.
• In 2019, Plant Veda launched the world’s first vegan probiotic Lassi in North America. It is available in 5 flavors: mango, saffron cardamom, coffee, vanilla, and turmeric ginger.

Market Segmentation

The global Vegan Flavors market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Form

• Powder
• Liquid

By Source

• Vegetables
• Fruits & Others
• Fusion
• Herbs & Spice

By Application

• Food Industry
• Processed Food
• Dairy
• Bakery
• Confectionery
• Beverage Industry
• Flavored Drinks
• Energy Drinks
• Fruit Juices
• Pharmaceutical Industry
• Others

By Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-11701

Vegan Flavors Market Outlook & Key Findings

• Future Market Insights (FMI) forecasts optimistic growth for global vegan flavors market and projects a CAGR of 4.8% between 2020 and 2030
• Demand for plant-based bakery and confectionery products is increasing as consumers are more inclined towards vegan diet and healthy lifestyle
• More than 80% of vegan flavors produced worldwide in 2019 were derived from fruits
• In 2019, liquid form of vegan flavour held over 60% production share against other forms
• Other factors contributing to market’s snowballing growth includes increasing prevalence of lactose intolerance among consumers and a desire to maintain eco-friendly and sustainable food choices

The global fish protein isolate market size is expected to reach US$ 1.1 Bn by 2030. According to a recent study by Future Market Insights (FMI), the market will surge at 7.3% CAGR between 2020 and 2030. According to the report, increasing health awareness and growing preference for processed food/diet with low fat, sugar, and salt content among consumers are factors expected to encourage companies in the food sector to review current marketing practices and adopt new techniques to increase their revenue share in the market.

This report includes in-depth insights into the fish protein isolate market. Some of these are:

• The estimated value of the market is at US$ 565.7 Mn in 2020
• Various companies are increasingly entering the fish protein isolate market in Asia Pacific in order to capitalize on the prevailing opportunities in the region
• Rising consumption of seafood has contributed to  the growth of the fish protein isolate market
• Additionally, companies are focusing on marketing their fish protein isolate products with clean label certification to attract customers and retain the existing ones.

“The nutritional profile of fish protein isolate is makes it highly desirable for application in various products. Manufacturers are focusing on implementing advance technology in packaging due to which the shelf life of fish protein isolate is improving. Furthermore, they are successfully launching unique products using fish protein isolate, which will create growth opportunities for the market” says an FMI analyst.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11663

Despite Focus on Healthy Eating Habits, Change in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

Factors such as changing lifestyles and eating habits are expected to fuel the demand for convenience and processed foods. Improving living standards especially in emerging economies, is fuelling the demand for fish protein isolate in the form of capsules or protein bars. Consumption of supplements that contain fish protein isolate is becoming quite popular in Europe and is significantly high among consumers in countries such as the U.S. and Canada.

Globally, the number of COVID-19 patients are increasing rapidly. As the pandemic crosses one grim milestone after another and in the absence of proper treatment or vaccinations consumers are likely to look for immune-boosting options. They demand for products with higher nutritive value and health benefits will rise, creating an environment conducive to the growth of the fish protein isolate market.

Plant-Based Protein Market by Category

By Product Type:

• Soy Protein
• Wheat Protein
• Pea Protein
• Others

By Form:

• Isolates
• Concentrates
• Hydrolysates

By Nature:

• Organic
• Conventional

By Application:

• Nutritional Products
  • Sports Nutrition
  • Medical Nutrition
  • Infant Nutrition
• Bakery
• Snacks & Cereals
• Dairy
• Confectionary and Dessert
• Beverages
• Animal Feed
• Others

By Region:

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

Who is winning?

Few of the leading players operating in the fish protein isolate market are Omega Protein Corporation, Titan Biotech Limited, Peterlabs Holdings Barhad, A. Costantino & C. s.p.a, Sopropeche S.A., Mukka Sea Food Industries Private Limited, Bio-Oregon Protein, Inc., FF Skagen AS, Diana Aqua, TripleNine Group A/S and other players.

These companies are focusing on mergers and acquisition to expand their business footprints and to increase their production capacity. Leading players are investing in research and development to produce innovative products using fish protein isolate.

Get Valuable Insights into Fish Protein Isolate Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global fish protein isolate market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the fish protein isolate market based form (powder and liquid), end user industry food and beverage, pharmaceuticals, cosmetic and personal care, sports and dietary supplements and others) across seven major regions.

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-11663

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

Increasing application of phytochemicals in cosmetics, food & beverages, and pharmaceutical industries is expected to augment sales in the global phytochemicals market over the forecast period.

Driven by rising demand in diverse applications, sales of phytochemicals is expected to surge as 7% CAGR between 2021 and 2031, as per latest insights by Future Market Insights (FMI).

Increasing concern about wellness and skincare is improving the adoption of phytochemicals in the cosmetics sector, which will drive the  market growth over the forecast period. Cosmetic industry giants have launched new skincare products that include phytochemicals as an active ingredient.

Additionally, research on the development of innovative food products and dietary supplements derived from phytochemicals is expected to aid the growth. Key manufacturers are investing more in the development of products derived from plant extracts. Hence, plant compounds such as phytochemicals are in high demand as the need for plant-based foods and products grows.

Furthermore, phytochemicals are increasingly being used to treat cancers of several organs by inhibiting angiogenesis. Hence, adoption of phytochemicals across pharmaceutical, personal care, and other diverse end-use applications will boost sales.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14021  

Key Takeaways from the Phytochemical Market Study:

• Global phytochemical market is estimated to register a value of US$ 12.9 Bn in 2031.
• Based on molecule type, flavonoids are expected to register high demand over the forecast period
• Powder phytochemicals are acquiring immense popularity among manufacturers, expanding at 6.7% CAGR
• In terms of form type, while powder form holds the largest share, liquid phytochemical type will register fastest growth at 8.8% CAGR between 2021 and 2031
• In terms of application, animal and nutrition segment will expand with highest CAGR at 13.6% CAGR during the forecast period.

“Consumers are increasingly seeking multi-component items that are readily available in the market and provide nutritional value. With rising consumption of dietary supplements and nutraceutical food products, key manufacturers are increasing their production capacity and are aiming for strategic alliance with local and regional food & beverage industry giants,” said a lead analyst at FMI.

Who is Winning?

Phytochemical-infused products are widely available thanks to increased market penetration and the availability of a variety of retail formats. Key players are relying on e-commerce platforms and are focusing on improving their digital marketing skills to boost their sales.

Phytochemical Market by Category

By Molecule Type:

• Alkaloids
• Anthocyanins
• Carotenoids
• Coumestans
• Flavon-3-ols
• Flavonoids
• Hydroxycinnamic Acids
• Isoflavones
• Lignans
• Others

By Form:

• Powder
• Liquid

By Application:

• Food and Beverages
• Nutraceutical
• Pharmaceutical
• Personal Care and Cosmetics
• Animal Nutrition
• Other

Some of the leading companies offering phytochemical are Döhler GmbH, Naturex SA, Kemin Industries Inc, Linnea SA, Sabinsa Corporation, Kothari Phytochemicals & Industries Ltd, Indena SpA, Alkaloids Corporation, Arboris LLC, Allied Biotech Corp., Organic Herb Inc.(OHI), LIPO Foods, Nektium, FYTEXIA, Chr. Hansen Holding A/S, BASF SE, and Others.

Get Valuable Insights into Phytochemical market 

Future Market Insights, in its new offering, provides an unbiased analysis of the phytochemical market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the phytochemical market based on molecule type (alkaloids, anthocyanins, carotenoids, coumestans, flavon-3-ols, flavonoids, hydroxycinnamic acids, isoflavones, lignans, and others), and by form (powder and liquid), by application (food and beverages, nutraceutical, pharmaceutical, personal care and cosmetics, animal nutrition, and others) across seven major regions.

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

Key Questions Answered in the Phytochemical Market Survey

• What is the current phytochemicals market value?

The phytochemicals market is expected to total US$ 6.5 Bn in 2021.

• What is the phytochemicals market demand outlook?

Demand for phytochemicals is expected to surge at a CAGR of 7% between 2021 and 2031.

• What are the key trends shaping the phytochemicals market?

Increasing focus on product innovations by leading market players and growing consumption of plant-based food products will create opportunities for growth of the market and shape its future.

• At what rate did the demand for phytochemicals rise in the last five years?

The demand for phytochemicals increased at 5.6% CAGR between 2016 and 2020.

• Who are the top players in the phytochemicals market and what is their market share?

Döhler GmbH, Naturex SA, Linnea SA, Sabinsa Corporation, Indena, BASF, and CHS are the leading companies in the market.

• What is the North America phytochemicals market outlook?

Demand for phytochemicals will rise at 5.4% CAGR in North America over the assessment period.

• At what rate will the demand for phytochemicals increase in Europe?

The Europe’s phytochemicals market will expand at 4.1% CAGR between 2021 and 2031.

• What is the South Korea and Japan market outlook for sales of phytochemicals?

The sales of phytochemicals will increase at 12.3% CAGR and 15.7% CAGR, respectively in Japan and South Korea.

Protease, lipase, and phospholipids are examples of enzymes that are acknowledged as alternatives to traditional chemicals and give solutions to problems associated with synthetic chemicals. As per Future Market Insights (FMI), the protease market is projected to rise at 7.8% CAGR, reaching US$ 3.94  Bn through 2031.

As synthetic chemicals used in industrial operations are toxic and can cause environmental hazards. Enzymes generated from plants and microbes, such as sugars and protease, have no detrimental environmental impact because they work under mild settings.

As a result, textile, protein hydrolysis, bread, brewing, dairy, and animal nutrition industries are widely adopting protease which is generated from plants, animals, and microorganisms. To achieve higher yields and cleaner goods, the leather industry has moved to proteases and trypsin instead of lime and sulphides.

As per FMI, amylase and protease are utilized to increase output in bakery and confectionary. Due to growing adoption of protease in bakery, the market is expected to register over 13.9% of sales during the forecast period.

As enzymes can also be utilized to boost the nutritional content of food and feed. Enzymes also reduce water usage, chemical waste, and by-product generation, posing little dangers to individuals and the environment. As a result, they are thought to be cost-effective, safe, and environmentally benign.

Chemically produced products can cause threat to human life and have a negative impact on the environment. The majority of industrial manufacturing enterprises are switching to safer, naturally produced products in place of harmful chemical products.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2057

Key Takeaways from the Protease Market Study:

• Based on product type, microbial protease emerge dominant, accounting for over 59.0 % total market share in 2021
• Plant based protease segment will register robust growth at a CAGR of 7.2 % between 2021 to 2031.
• In terms of end-use application, bakery and confectionary will account for maximum sales during the forecast period. In bakery and confectionary, breads sub-segment will dominate the segment, accounting for over 44.7% of market share.
• The U.S. is expected to be the most lucrative market on the back of surging consumption of dietary supplements enriched with protein enzyme among millennials
• Italy and Germany are expected to hold the largest market share across Europe, capturing over 18% and 16% market share, respectively.
• India is anticipated to spearhead the growth of South Asia’s protease market, followed by Thailand

“Consumers’ demand for more natural products, free from chemical additives is increasing with time. Protease enzymes can be used as a replacement for bi-sulfite, a chemical compound additive. Rapid advances in technology have made new proteases available for the food and beverage industry. This is expected to help in growth of the protease market in the coming years” said a lead analyst at FMI.

Who is Winning?

Key players operating in the market are focusing on new product launches and innovation in protease to cater surging demand from sports nutrition and bakery & confectionary. Manufacturers are also collaborating with pharmaceutical as well as local vendors to expand their customer base.

Some of the leading companies offering protease are Novozymes A/S, Advanced Enzymes Technologies Limited, BASF SE, Royal DSM N.V., E.l. Du Pont de Nemours & Company, Rossari Biotech Limited, AB Enzymes GmbH, Lallemand Inc., Amano Enzymes Inc., Biocatalysts Limited, Creative Enzymes, Nagase & Co., Ltd., Chr Hansen Holding A/S, Jiangsu Boli Bioproducts Co. Ltd., Kemin Industries, Inc, and Others.

Protease Market by Category

By Form:

• Liquid
• Powder & Granule

By Product Type:

• Animal
  • Trypsin
  • Renin
  • Pepsin
  • Others (chymotrypsin, thrombin, elastase, etc.)
• Plant
  • Papain
  • Keratinases
  • Others (Ficin, Bromelain, etc.)
• Microbial
  • Alkaline
  • Acid stable
  • Neutral
  • Others (Proteinase K, Peptidase, etc)

By End Use Application:

• Dairy Products
• Brewing
• Meat Products and Processing
• Bakery & Confectionery
  • Breads
  • Cookies & Crackers
  • Pastries
  • Waffles
  • Other Bakery & Confectionery
• Baby Food/ Infant Food
• Oil & Fat Processing
• Starch and Grain Processing
• Fruits and Vegetable Processing
• Cheese Making/ Processing
• Egg Products
• Beverages
• Dietary Supplements
• Pharmaceutical Products
• Personal Care Products
• Animal Nutrition

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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

Key Questions Answered in the Report

• What is the protease market demand outlook?

As per FMI, the protease market is expected to grow at 7.8% CAGR between 2021 and 2031.

• At what rate did the demand for protease increase in the last five years?

The demand for protease increased at 6.1% CAGR between 2016 and 2020.

• Which is the most lucrative market for protease?

North America is leading the protease market, contributing over 27.3% of market share through 2031. In North America, the U.S. is expected to be the most lucrative market of protease, registering growth at 5.2% CAGR.

• Which are some of the leading companies offering protease?

As per Future Market Insights, Rossari Biotech Limited, AB Enzymes GmbH, Novozymes A/S, BASF SE, E.L. Du Pont de Nemours & Company, Advanced Enzymes, and Nagase & Co. Ltd among others are identified as key players.

• Which are the key factors supporting the growth of protease market?

Some of the key factors supporting the protease market growth include increased application of protease in bakery & confectionary, dietary supplements, and infant food, and expansion of product portfolio. Additionally, growing demand for clean label and sustainable organic food products is supporting the growth of protease market.

• What are the key trends shaping the protease market?

Companies operating in the protease market are likely to focus on production of sustainable products with extended shelf life to gain competitive strength.

• What is driving protease sales in the U.K.?

Increased application of protease in bakery and confectionary will create increasing opportunities for protease sales in the U.K.

• What is China’s contribution towards protease sales in East Asia?

Over 38.6% of protease sold in East Asia is expected to concentrate in China.

• What is the outlook for protease sales in South Korea?

South Korea is expected to contribute over 29.6% of protease sales in East Asia.

As per a recent market analysis by Future Market Insights (FMI), demand for galactose is expected to rise at a 5.6% CAGR, with the market valuation projected to reach of US$ 45,112.9 Mn in 2031.

Changes in consumers’ eating habits, along with increasing consumption of ready-to-eat meals due to hectic lifestyle and busy schedules are some trends driving sales of galactose in the food and beverage industry.

Owing to high demand, manufactures operating in the packaged food sector are incorporating galactose as an alternative to chemically processed sugar. In addition to this, expansion of the vegan population, and high focus on wellness-based products will continue fueling sales of galactose over the forecast period.

Rising awareness regarding usage of artificial and synthetic sugar in food and beverages spurring demand for galactose. Consumption of synthetic sugar results in health disorders such as high blood pressure, excessive weight gain, and increased risk of heart related disorders. In response to this, manufacturers are investing in research and development activities to launch plant-derived galactose in the market.

In addition to this, increasing demand for galactose from the personal care industry is anticipated to bode well for the market. Galactose is an exfoliant, which removed dead cells, minimizes pores, and doesn’t increase sun exposure, making it a vital ingredient in skincare products. This trend is anticipated to continue over the forecast period, resulting in high demand for galactose.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13980

Key Takeaways:

• Crystal type of galactose is estimated to hold over half of the market in 2031.
• Based on product type, D-Galactose is expected to account for lion’s share of the total galactose sales in 2021.
• In terms of source, plant-derived sugar is anticipated to command the galactose market share.
• Sales of galactose in India are projected to rise at a robust 8.1% CAGR over the forecast period.
• The U.S. is estimated to account for more than 81% of the North America market in 2021.

The U.K. is projected to dominate the Europe galactose market with a market share of 14.8% in 2021.

Galactose Application in Personal Care Industry Creating Opportunities for Market Growth

Galactose has many anti-inflammatory and probiotic properties. These properties make it ideal for inclusion in exfoliating and nourishing skincare products. Galactose belongs to the PHA family of chemical exfoliants, which is a new generation of well-known AHAs and BHAs.

PHAs mildly exfoliate the skin, making them suitable for usage on all skin types.

It can help minimise the appearance of dark spots and hyperpigmentation, and unlike other chemical acids like AHAs, it doesn’t increase sun exposure.  All these factors are leading to a higher application of galactose in the personal care industry.

Competitive Landscape

Some of the leading companies offering galactose are Thermo Fisher Scientific Inc., Merck KGaA, Kyowa Hakko Kirin Co., Ltd., Kyowa Hakko Kirin Co., Ltd., Suven Life Sciences Ltd., Nacalai Tesque Inc., Cayman Chemical Company, Inc., Anhui HeGeng Biotech Engineering Co., LTD., Tereos Starch & Sweeteners s.a.s, Cambridge Isotope Laboratories, Inc., and others.

Key players operating in the global galactose market are focusing on reaching a large consumer base by targeting emerging countries such as China, India, and Brazil. As a part of their growth strategies, players are investing in research and development to launch innovative plant-derived galactose products. Besides this, mergers, acquisitions, and strategic collaborations are expected to aid market players in expanding their global footprint over the forecast period. For instance:

• In March 2018, Kyowa Kirin Asia Pacific Pte. Ltd. announced the establishment of its Australian subsidiary, known as Kyowa Kirin Australia Pty. Ltd. With this establishment, the company aims to launch Kyowa Hakko Kirin’s products in the country.

Market Segments Covered in Galactose Industry Analysis

By Source:

• Plant Derived Sugar
• Synthetic Sugar

By Product Type:

• D-Galactose
• L-Galactose

By Form:

• Powder
• Liquid
• Crystal

By End-Use:

• Food
  • Bakery Goods
  • Sweet Spreads
  • Confectionary
  • Dairy Products
  • Canned Food
• Beverage
  • Carbonated Drinks
  • Fruit Drink and Juice
  • Powdered Drinks and Mixers
  • Alcoholic Beverages
• Pharmaceuticals
• Personal Care
• Biofuel Industry
• Animal Feed Industry

Region:

• North America
• Latin America
• Europe
• Asia-Pacific
• Oceania
• Japan
• Middle East & Africa

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-13980

FAQs the Study Answers

• What is the current value of the global galactose market?

The global galactose market is anticipated to reach US$ 26.1 Bn in 2021.

• At what rate did the global galactose market grow between 2016 and 2020?

The global galactose market expanded at a 4.6% CAGR between 2016 and 2020.

• What are the key trends boosting galactose sales?

Increasing demand for RTD/RTE products, along with increasing preference towards product transparency are driving sales of galactose.

• Which are the major countries driving demand for galactose?

The U.S., the U.K., China, Japan and Canada are the major countries driving demand for galactose.

• What will be the demand outlook for North America galactose market?

The North America galactose market is projected to grow at a 4.1% CAGR through 2031.

• What will be the galactose market share in Europe?

The galactose market in Europe is anticipated to expand at a 4.9% CAGR over the forecast period.

• What is Japan’s contribution towards global galactose market?

Japan is expected to account for over 5% of sales in the global market.

As per the latest Future Market Insights (FMI) analysis, paprika color sales will increase at 7% CAGR between 2021 and 2031. Steered by increasing demand from food processing and breading industries, overall demand in the paprika color market will top US$ 151.5 Mn by 2031.

Paprika color application is poised to surge in the food industry, especially in meat products, salad dressings, confectionery, vegetable oils, soups, seasoning, sauces, bakery products, canned foods, and snacks.

The rising demand for natural food colors will positive impact sales of paprika color worldwide. Paprika color is either conventional or organic in terms of nature. As per the report, conventional paprika is expected to dominate the global market in 2021 with a market share of 80.6%.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13965

Key Takeaways from the Paprika Color Study:

• The EMEAI (Europe Middle East Africa and India) is key in market in terms of size and is expected to account for 39.3 % of the global paprika color market in 2021.
• On the basis of application meat, poultry, fish, & eggs section is expected to hold for 23.8% of the global paprika color market in 2021 and expected to grow at compound annual growth of 12.2%, followed by Potatoes, Pasta, & Rice.
• The U.S. is expected to account for over 85% of paprika color sales in North America in 2021. Irrespective of United States’ dominance, demand in Mexico and Canada is expected to rise at a higher pace.
• Germany is expected to account for 18.5% of paprika color sales in EMEAI through 2031.
• China will continue dominating sales in APAC, however, demand for paprika color is expected to increase at a higher pace in South Korea.

“Increasing use of paprika color in meat processing and a plethora of beverages such as juices and drinks are likely to boost sales of paprika color. Besides this, the market is expected to gain from increasing use of paprika color in hair care and personal,” Said a lead analyst at FMI

Various End Uses in Food Processing to Boost Market

The paprika color market is flourishing on account of increasing application in the food processing industry, rising awareness about health advantages of natural coloring agents over the substitute one, and growing demand within the specialty foodstuff and prepared to eat dishes.

Paprika color market is additionally gaining on account of nutritional profile of paprika that includes impressive anti-bacterial, anti-fungal, and anti-oxidant properties. This has fuelled its application in food, pharmaceutical and cosmetic industries. Within skincare and cosmetics industry, paprika color is used in a slew of hair care and skin care merchandise.

Who is Winning?

Some of the leading companies offering paprika color are Blue Lily Organics, Natural Solution, ColorMaker Inc., Bioconcolors, Chr. Hansen Holding A/S, Synthite Industries Ltd., Plant Lipids, Ungerer & Company Unilever Food Solution, Chr. Hansen A/S, Sensient Technologies Corporation, Ingredients Naturales Seleccionados, Kalsec Natural Ingredients, Kancor Ingredients Limited, Naturex, Adani Pharmachem Private Limited, Givaudan, Ozone Naturals, Universal Oleoresins and others.

Paprika Color Market by Category

By nature:

• Organic
• Conventional

By application:

• Beverage
  • Milk Drinks & Milk Alternatives
  • Alcoholic Beverages
  • Carbonates (Carbonated Soft Drinks)
  • Sports Drinks
  • Coffee & Cocoa
  • Tea
  • Energy Drink
  • Juice Based Drinks
  • Flavored water
  • Enhanced Water
  • Sparkling Waters
• Bakery, Snacks, & Cereal
  • Breakfast Cereal
  • Bread
  • Cakes & Pastries
  • Cookies
  • Biscuits & Cones
  • Frosting / Icing
  • Crackers & Savoury Snacks
• Candy / Confectionery
  • Panned Candy
  • Chocolate & Compound Coating
  • Gummies
  • Chewing Gum
  • Jellies & Licorice
  • Sprinkles & Sugar
  • Hard Candies / Boiled Sweets
• Dairy
  • Cheese
  • Ice Cream
  • Milk Drinks & Milk Alternatives
  • Pudding / Custard
  • Dips & Spreads
  • Yogurt
• Fruit Preparations / Fillings
• Meat, Poultry, Fish, & Eggs
  • Casings
  • Egg & Egg Substitute
  • Fish / Seafood
  • Jerky
  • Meat Substitute
  • Processed Meat & Poultry
• Potatoes, Pasta, & Rice
  • Pasta
  • Potato Chips / Crisps
  • Processed Potatoes
  • Rice
• Sauces, Soups, & Dressings
  • Asian Sauces
  • Barbecue & Steak Sauce
  • Condiments
  • Gravy / Dry Sauce Mix
  • Marinade
  • Oils & Dressings
• Seasonings
  • Batter
  • Breading and Coating
  • Bouillon / Soup Base / Stock
  • Liquid Smoke
  • Spice Blends / Dry Seasonings
• Pet Food
  • Extruded / Dry Pet Food
  • Snacks / Treats
  • Wet Food

By region:

• North America
• Latin America
• EMEAI
• Asia Pacific

Key Points Covered in Paprika Color Market Survey

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Paprika Color Market and How to Navigate
• Recommendation on Key Winning Strategies

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-13965

Key Questions Answered in the Report?

• What Is Paprika Color Market Size?

Paprika color market is expected to reach US$ 76.93 Mn in 2021. It is forecast to exhibit a CAGR of 7.0 % between 2021 and 2031.

• At What Rate Did the Paprika Color Market Expand in The Last Five Years?

According to FMI, paprika color sales have grown at 6.8% CAGR between 2016 and 2020.

• What Are the Key Trends Shaping the Paprika Color Market?

Increasing use of plant-based ingredients in personal care, meat processing, and food products and keenness of clean label food ingredients among consumers will shape the market.

• What Are the Key Factors Driving Paprika Color Market Demand?

Rising application of paprika in bakery and confectionery food items besides meat, poultry, fish, and egg products will drive sales in the market.

• What is the North America Paprika Color Market outlook?

Demand in North America is expected to grow consistently. As per FMI study, North America is estimated to account for 27.2 % of the global paprika color market in 2021.

• Which Are The Top Countries Driving Demand For Paprika Color Market?

The US, Japan, India, Germany, France, and China are the top countries driving the growth of global paprika color market.

• Which Is The Leading Market For Paprika Color?

EMEAI (Europe, Middle East, Africa and India) has occupied large share in the global paprika color market. It is estimated to account for nearly 38.9% of the overall market in 2021.

• At What Rate will the Demand for Conventional Paprika Color Rise?

Demand in the conventional paprika color segment will increase at a CAGR 6.6% over the forecast period.

• Which is the Leading Application of Paprika Color?

The meat, poultry, fish, & eggs segment will emerge as the leading segment in terms of applications. Sales in the category will top US$ 18.29 Mn in 2021.

• Which are some of the Leading Companies offering Paprika Color Market?

Some of the leading companies in the market are Blue Lily Organics, Natural Solution, ColorMaker Inc., Bioconcolors, Chr. Hansen Holding A/S, Synthite Industries Ltd., Plant Lipids, Ungerer & Company Unilever Food Solution, Chr. Hansen A/S, Sensient Technologies Corporation, Ingredients Naturales Seleccionados, Kalsec Natural Ingredients, Kancor Ingredients Limited, Naturex, Adani Pharmachem Private Limited, Givaudan, Ozone Naturals, and Universal Oleoresins, among others.

According to a recent Future Market Insights (FMI) report, the demand for dog food will surpass US$ 44.83 Bn in 2021. The market is expected to rise at a CAGR of 6.2% between 2021 and 2031.

The increasing number of dog owners is one of the key drivers of the dog food market. Rising pet ownership also is a driver of nondiscretionary and discretionary products demand including treats, toys, and various dog food products.

Some of the dog food producers are adopting aggressive marketing strategies to gain competitive edge. As a result there is increasing focus on improving the appearance of products, besides the overall quality and flavor. As a result, businesses are increasing their investments in new packaging choices.

Several companies are using recyclable boxes for dog food packaging. This is done to enhance the shelf life of dog food items and make them more appealing. As per FMI, improving visibility in shelves across hypermarkets/supermarkets, and convenience stores will give tailwinds to sales in the market.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13961

Key Takeaways from Dog Food Market Study:

• The U. S. is estimated to account for 84.4% share in the North America market in 2021 and it is estimated to grow with a CAGR of 4.6% over the assessment period.
• In Latin America, Brazil has emerged as a leading market with a 29.1% market share in 2021.
• The UK with 20.4% share and Germany with 19.5% will retain dominance in the Europe market in 2021.
• According to FMI’s analysis, China is accounted for more than 40% of dog food sales in East Asia.
• India will dominate the South Asia dog food market with more than 35.0% share in year 2021.

“Growing awareness among the dog owners about the proper diet for their dog and consequent focus on research initiatives by the dog food manufacturers will result in a slew of product launches. This is expected to spur growth in the market in the coming years”, said a lead analyst at FMI

Who is Winning?

Dog owners around the world are getting more concerned about their animals’ health. They wish to provide their pets with good-quality nutritional supplements in order to help them grow and develop properly.

Because global demand for pet supplements is increasing at a rapid pace, leading manufacturers are focusing on acquisitions to expand their product portfolio, regional footprint, and distribution network.

Some of the leading companies offering dog food are Evanger’s Dog & Dog Food Company, Inc., Nestlà Purina Pet Car, P&G Pet Care, Hill’s Pet Nutrition, Del Monte Pet Products, Affinity Petcare SA, Nutro Products Inc., Unicharm PetCare Corp., Total Alimentos SA, Nutriara Alimentos Ltda., The J.M. Smucker Company, Dave’s Pet Food, Fromm Family Foods LLC, Boulder Dog Food Company, Real Pet Food Company Pty Ltd, Burgess Group PLC, Freshpet, Party Animal, Inc., Rollover Pet Food Ltd. And others.

Dog Food Market by Category

By nature:

• Organic
• Monoprotein
• Conventional

By source:

• Animal Derived
  • Fish
  • Chicken
  • Duck
  • Beef
  • Pork
  • Venison/Game
  • Lamb
  • Turkey
• Plant-derived
• Insect- derived
  • Crickets
  • Mealworms
  • Black soldier flies

By product type:

• Kibble/Dry
  • Extruded
  • Baked
  • Coated
• Treats and Chews
  • Pastes
  • Cremes / Cream-Snacks
  • Crunchy snacks
  • Chew sticks
  • Tablets
  • Biscuits
  • Jerky
  • Rawhide
• Dehydrated Food
• Freeze Dried Food
• Freeze-Dried Raw
• Wet Food
• Frozen
• Raw Food
• Powder

By pet type, Dog Food market is segmented as:

• Puppy
• Adult
• Senior

By packaging type:

• Pouches
• Bags
• Can
• Bottles & jars
• Folding cartons
• Tubs & Cups

By distribution channel:

• Store-based Retailing
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Mom and Pop Stores
  • Pet Stores
  • Discounters
  • Independent Grocery Retailers
  • Drugstores
  • Other Retail Formats
• Online Retailers

By region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

Key Points Covered in Dog Food Market Study

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Dog Food Market and How to Navigate
• Recommendation on Key Winning Strategies

For Complete TOC @ https://www.futuremarketinsights.com/reports/dog-food-market/table-of-content

Key Questions Answered

• What is the demand outlook for dog food market?

The dog food market will register growth at 6.2% CAGR between 2021 and 2031.

• What is the current dog food market size?

The dog food market is expected to total US$ 44.83 Bn by the end of 2021. In terms of volume, it is expected to surpass 10,413,401 MT

• At what rate will dog food sales rise post pandemic?

Dog food sales will recover at an impressive pace, registering 5.1% year on year growth in 2021.

• Who are the top players in the dog food market and what is their contribution towards sales?

Mars Incorporated,Purina, The J.M.Smicker Company,Hill’s Pet Nutrition, Affinity Petcare SA, Freshpet, Iams, Real Pet Food Company Pvt Ltd, Evanger’s Dog & Cat Food Company,Inc. Burgess Group PLC are the leading companies in the dog food market. They are expected to account for 30% to 40% of sales through 2021.

• What is the North America dog food market outlook?

Demand for dog food will increase at 5.2% CAGR in North America between 2021 and 2031.

• At what rate will the demand for dog food rise in Europe?

The Europe dog food market is expected to register 6% CAGR over the course of the assessment period.

• Who are the key exporters of dog food?

Germany, UK, Thailand, France, and Netherland are the key exporters of dog food.

• What are the key trends shaping the dog food market?

Rise in pet ownership, focus on pet humanization, and surging availability across online channels will shape the future of the dog food market.

• What is the outlook for dog food sales in South Korea and Japan?

Japan is expected to account for 31.3% of dog food sales in East Asia, while South Korea will contribute over one-fourth of sales registered in the region in 2021.

As per the latest analysis by FMI, the tomato seed oil market in Asia Pacific is projected to total US$ 52.8 million in 2021. Growing application of tomato seed oil across various industries such as food and beverage, animal feed, and cosmetics is facilitating its sales in Asia Pacific. Driven by this, the Asia Pacific market is estimated to reach US$ 106.4 million by 2031.

Demand for tomato seed oil increased at a CAGR of 5.9% between 2016 and 2020. Consumer preference for natural ingredients in their food & beverage products and growing trend of veganism amongst millennials are projected to push sales in the market at a CAGR of 7.3% over the forecast period 2021-2031

Tomato seed oil is extensively used in the production of cosmetic and personal care products such as anti-aging serums, body butter, sunscreens, and fairness cream due to its high linoleic acid, lecithin, antioxidants, and natural ultraviolet (UV) protection attributes.

Expansion of cosmetics and personal care industries in countries such as India, China, Japan, and South Korea will therefore create remunerable opportunities for sales of tomato seed oil in Asia Pacific.

Unrefined tomato seed oil is projected to emerge as the most preferred form in the market. Sale of unrefined tomato seed oil is likely to accelerate on account of its nutritional value and low concentration of chemicals. As per FMI, demand for unrefined tomato seed oil is anticipated to accounts for nearly 76.6% of the sales in the region by 2021.

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-9295

“Rising demand for clean-label ingredients within food and cosmetics industries will increase tomato seed oil demand. The market also will gain from green initiatives adopted by food producers to cater the rising demand for plant-based ingredients,” says the FMI analyst.

Key Takeaways from Tomato Seed Oil Market Analysis

• China is anticipated to emerge as a dominant market in East Asia, accounting for nearly 22.9% of the total regional sales over the assessment period.
• Sales of tomato seed oil in South Korea are estimated to total US$ 11.1 million, growing at a robust CAGR of 8.7% through 2031.
• The market in Japan is projected to account for more than 11.6% of the sales in Asia Pacific, expanding at a CAGR of 6.2% during 2021-2031.
• India is forecast to contribute over 16.6% of the overall revenue share in Asia Pacific, exhibiting sales growth at an impressive CAGR of 10.5% between 2021 and 2031.
• Among the nature verticals, the conventional tomato seed oil is expected to lead the segment, accounting for more than 78.8% of the total sales through 2031.

Key Drivers

• Growing application of tomato seed oil in the production of essential oils and surging use in aromatherapy owing to its high antioxidant properties are driving the market.
• Rising penetration of e-commerce platforms and increasing availability of tomato seed oil-based products across direct and indirect sales channels are expected to facilitate the growth of the market.

Key Restraints

• Limited shelf life of tomato seed oil due to high sensitivity to unfavorable temperature, air exposure, and the sunlight is hampering the market growth.
• High cost of tomato seed oil, availability of substitutes are the factors hindering the market sales.

Competitive Landscape

As per FMI, top 5 companies operating in the tomato seed oil market are estimated to account for nearly 75% of the revenue share in 2021. Leading manufacturers are focusing on upscaling their digital marketing capabilities to expand their consumer base. Some of the players are engaging in agreement and strategic collaboration with other industries to increase their market share. For instance,

·  Botanic innovation, a U.S.-based producer of organic and conventional seed oils, announced adding tomato seed oil to its product portfolio. The company stated that they use NatureFresh Cold-press system to offers high quality and sustainable seed oils.

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

• AG Industries
• AGS Organics
• O&3
• Puroma
• Kazima Perfumers (est.2010)
• SVA Organics
• Haekels
• EOC (Essential Oils Company)
• Natures Natural India
• Aramacs
• Natural Sourcing LLC
• Escentials of Australia
• Sheiling Laboratories
• PRZ Herbals Care
• Rakesh Sandal Industries
• Others

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-9295

More Valuable Insights on Tomato Seed Oil Market

FMI, in its new report, offers an unbiased analysis of the global tomato seed oil market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in tomato seed oil market with detailed segmentation:

By Form:

• Refined
• Unrefined

By Nature:

• Organic
• Conventional

By Distribution Channel:

• Direct sales
• Indirect Sales
  • Grocery Retailers
  • Hypermarket/Supermarket
  • Convenience Stores
  • Wholesalers
  • Food and drink Specialty
  • Health and Wellness Stores
  • Online Retailer
  • Other Retail Format

By End-Use:

• Food Service
• Food and Beverages
  • Bakery
  • Confectionary
  • Dressing and Condiments
  • Sauces and Spreads
  • Ready Meals
  • Beverage Processing
  • Others
• Cosmetic Industry
  • Skin Care
  • Lip Care
  • Hair Care
  • Cosmetic
  • Aromatherapy
• Industrial
• Animal Feed
• Dietary Supplements

By Packaging:

• Aseptic
• Pouches
• Bottles
• Jerry Cans
• Tin Plate Containers

By Countries:

• China
• Japan
• South Korea
• India
• Thailand
• Indonesia
• Malaysia
• Singapore
• Rest Of Asia

Purchase The Report @ https://www.futuremarketinsights.com/checkout/9295 

Key Questions Covered in the Report

• The report offers insight into Asia Pacific tomato seed oil market demand outlook for the forecast period 2021-2031
• The market study also highlights projected sales growth for Asia Pacific tomato seed oil market between 2021 and 2031
• Asia Pacific tomato seed oil market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
• Asia Pacific tomato seed oil market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Increasing trend of vegan diet has improved the demand for fruit powder. As per Future Market Insights, the market is projected to witness robust growth, registering 7.4% CAGR during the forecast period (2021-2031).

Recently, fruit powder has gained immense popularity among the consumers because it is considered a rich source of nutrients such as vitamins, ascorbic acid, carotenoids, dietary fibre, and minerals which are essential for a healthy body.

These nutrients helps to prevent various chronic diseases such as cancer, diabetes, obesity, heart disease, arthritis, respiratory disease, stroke and immune deficiency.

Focus on in healthy lifestyle has improved the consumption of organic and plant-based food products. While the demand for processed food which are ready-to-eat is on the rise, there also is increasing focus on the ingredient list to ascertain the presence of clean ingredients that complement a healthy lifestyle.

Increasing health awareness among the consumers have increased the demand for fruit powder globally. Fruit powder benefits both the manufacturers and the consumers because of its extended shelf life. It provides convenience not only for storage but also for transportation of food items. Import and export of fruit powder is feasible owing to its efficient packaging and extended shelf life.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2505

Key Takeaways

• The U.S. is expected to emerge as the largest market for fruit powder, exhibiting 5.6% CAGR between 2021 and 2031.
• The demand for fruit powder is expected to increase at 4.1% CAGR in the U.K.
• China and South Korea are expected to account for lion’s share of fruit powder sales in East Asia.
• Strawberry fruit powder is expected to emerge as preferred category in terms of product type.
• Based on nature, the demand for organic fruit powder will increase at 5.6% CAGR.

“Competition is expected to get fiercer in the market. In order to strengthen their footprint market players are expected to focus on product launches. Besides this, they are likely to enter into partnership agreements with local distributors to make deeper inroads in emerging countries,” said lead analyst at FMI.

Key Industry Players Are Launching New Fruit Powder Products in the market

Emerging countries such as Indonesia, South Africa and Peru present exceptional opportunity for growth of the market.

Companies such as European Freeze Dry Ltd. and Van Drunen Farms have revamped their strategies in developing countries and are offering greater access to their products through relaxed patent protection and expanded partnerships with manufacturers.

Fruit powder has numerous applications in the food & beverages industry such as functional beverages, confectionery, nutritional bars, bakery, dairy replacers and emulsion-type sausages, due to their nutritional and functional characteristics.

Recently, the fruit powder market has witnessed various product launches by key producers to increase their market share globally. Companies are introducing different ingredients dependent on fruit powder and different flavour for use in different segments.

For Instance- In 2020, Chaucer Foods Ltd. launched freeze dried fruit powders, to meet the rising demand for natural and healthy ingredients.

Mercer Foods, in year 2020 launched a range of freeze dried fruit powders that includes, apple powder, raspberry powder, peach powder and black currant powder.

Who is Winning?

Few of the players operating in the fruit powder market are, Kanegrade Ltd., European Freeze Dry Ltd., Drytech Process (I) Pvt. Ltd, The Green Labs LLC., Nutradry Pty Ltd, Paradise Fruits Solutions Gmbh & Co.KG, Vinayak Ingredients Private Ltd, Watershed Foods LLC., Artemis International, DMH Ingredients Inc., AS Harrison & Co Pty Ltd., RFI Ingredients. and other players.

Key players of Fruit powder are focusing on partnerships to gain larger market share and to capture new geographical areas to get access to new markets.

Get Valuable Insights into Fruit Powder Market

Future Market Insights, in its new report, presents an unbiased analysis of the fruit powder, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the product type (strawberry, blackberry, black currant, raspberry, blueberry, peach, apple, pear, apricot and plum), by nature (organic and conventional), by end use (food processing, beverage processing, dietary supplements, pharmaceuticals and cosmetics and personal care), by technology (freeze dried, spray dried, vacuum dried and drum dried) and by region (North America, Latin America, Europe, Ukraine, East Asia, South Asia, Oceania and Middle East & Africa).

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-2505

Key Questions Answered in the Report

• What is the fruit powder market demand outlook?

As per FMI, the fruit powder market is expected to grow at 7.4% CAGR between 2021 and 2031.

• At what rate did the demand for fruit powder increase in the last five years?

The demand for fruit powder increased at 6.3% CAGR between 2016 and 2020.

• Which is the most lucrative market for fruit powder?

The U.S. is one of the leading markets for fruit powder. Rising prevalence of diabetes and obesity besides other chronic ailments has been encouraging consumers towards adoption of a healthy lifestyle. This is expected to have considerable impact on the market.

• Which are some of the leading companies offering fruit powder?

Some of the leading companies operating in fruit powder market are Kanegrade Ltd., European Freeze Dry Ltd., Drytech Process (I) Pvt. Ltd, The Green Labs LLC., Nutradry Pty Ltd, Paradise Fruits Solutions Gmbh & Co.KG, Vinayak Ingredients Private Ltd, Watershed Foods LLC., Artemis International, DMH Ingredients Inc., AS Harrison & Co Pty Ltd., and RFI Ingredients. among others.

• Which are the key factors supporting the growth of fruit powder market?

Some of the key factors supporting the fruit powder market growth include nuanced marketing campaigns, implementation of new production techniques and expansion of product portfolio. Additionally, growing demand for organic food products is supporting the growth of fruit powder market.

• What are the key trends shaping the fruit powder market?

Companies operating in the fruit powder market are likely to focus on product differentiation and launches to gain competitive strength. FMI expect this to remain chief trends shaping growth of the market over the forecast period.

• Which is the most lucrative country for fruit powder sales in North America?

The U.S. has emerged as the most attractive country for sales of fruit powder within North America. Demand in the U.S. is expected to increase at 5.6% CAGR between 2021 and 2031.

• What is driving fruit powder sales in the U.K.?

Expansion of confectionaries will create increasing opportunities for fruit powder sales in the U.K.

• What is China’s contribution towards fruit powder sales in East Asia?

Over 40% of fruit powder sold in East Asia is expected to concentrate in China.

• What is the outlook for fruit powder sales in South Korea?

South Korea is expected to contribute over one-fourth of fruit powder sales in East Asia.