Sensory Modifiers Market is expected to grow at a CAGR of Approximately Over 2022-2028

Sensory Modifiers Market Overview

Sensory Modifiers Market Outlook

Sensory modifiers are ingredients used in cosmetic and personal care formulations which enhance the tactile properties of these products. These consist of a class of ingredients specifically formulated to address deficiencies in the sensory properties of personal care products, or convert any potential issues in formulations impacting the sensory properties into something which results in an optimum experience for consumers. The global Sensory Modifiers market has experienced a steady growth dynamic over the past decade and is expected to continue the same over the forecast period. The sensory modifiers market is attributed to an essence of a number of regional and global players, in addition to a limited number of local players. The sensory modifiers market is sensed to expand into new geographies, mostly developing regions as more and more new cosmetics and personal care formulations are evolving in these regions which are attributed to boosting demand for sensory modifiers over the forecast period. Increasing awareness of the product content and label is expected to drive cosmetic manufacturers to upgrade their existing product offerings by introducing higher quality natural sensory modifiers. The major producers of sensory modifiers are responding rapidly to the growing consumer demand by improving the overall experience of the product with multi-sensory effect to increase the sensory modifiers application scope. Asia Pacific region is expected to witness stronger growth dynamics with comparatively higher CAGR over the forecast period.

Reasons for Covering Sensory Modifiers Market Title:

A large number of products recall and failure occurred over the last few years in cosmetics and personal care industry owing to the lack of sensory note in products. Overcrowded shelves of cosmetic products have lead manufacturers to improve sensory note of products as a differentiating strategy which in turn has fueled demand for sensory modifiers over varied geographies. Stride over achieving a soothing good feel end product by key manufacturers is expected to keep steady demand for sensory modifiers in established markets and increase demand for the sensory modifiers in emerging regions over the forecast period. Recent product launches in sensory modifiers market indicated a series of new variants in terms of raw material used and functionality is further anticipated to drive growth for sensory modifiers market over the forecast period.

Global Sensory Modifiers Market: Key Players:

Some of the key players operating in the global Sensory Modifiers market are, Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, BASF SE, Cargill, Incorporated, Alchemy Ingredients,  Solabia Group, Momentive Performance Materials, Sensient Cosmetic Technologies, BASF SE, Naturex group, Croda International Plc., Gattefossé, SEPPIC, Kobo Products Inc. and others 

Key Product Launches in Sensory Modifiers Market

The key product launches that have been observed in the Sensory Modifiers market over the recent years have seen launches targeting ethical buyers and vegan populations:

  • In 2017, Gattefossé launched a sensory modifiers named EMULIUM MELLIFERA for the worldwide consumer base. The product is intended to target the multi-functional and natural sensory modifiers demand over the global sensory modifiers market.
  • In 2017, Kobo Products Inc. launched KoboGel D5 and KoboGel Aqua sensory modifiers. The sensory modifiers is pre-pigmented and is available in shades of dark, medium, and light. The sensory modifiers products are placed to target the soft focus characteristic demand from consumers.

Revenue Share of Major Players in Cosmetics Manufacturing:

Opportunities for Market Participants in Sensory Modifiers Market

Developed regions like North America and Europe stands as the major growing region in terms of value and volume of overall sensory modifiers market. The developing regions of the Asia Pacific and Latin America to experience higher demand dynamics in synthetic segment whereas a slower growth dynamics in natural segments. This attributed to the low awareness of natural trend in the region. The anti-aging segment is expected to form a substantial revenue generating segment owing to consumer expressing inclination towards feel and texture. Over the forecast period, the natural segment is expected to gain faster growth rates resulting in significant growth of the sensory modifiers market.

 

 

Brief Approach to Research

Our company will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the distribution channel, form, application and end use of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Global Sensory Modifiers Market: Segmentation:

On the basis of nature, the global Sensory Modifiers market has been segmented as –

  • Natural
  • Synthetic

On the basis of function, the global Sensory Modifiers market has been segmented as –

  • Gloss
  • Color
  • Odor
  • Firmness/consistency
  • Texture
  • Others

On the basis of application, the global Sensory Modifiers market has been segmented as –

  • Make-up
  • Skin Care
  • Face Cream
  • Anti-aging
  • Sun Protection
  • Hair Care
  • Personal Hygiene
  • Others

On the basis of type, the global Sensory Modifiers market has been segmented as –

  • Emollients
  • Occlusive
  • Humectants
  • Others

On the basis of form, the global Sensory Modifiers market has been segmented as –

  • Powder
  • Liquid
  • Semi-solids

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the market, including background and evolution
  • Macroeconomic factors affecting the market and its potential
  • Market dynamics, such as drivers, challenges, and trends
  • Detailed value chain analysis of the market
  • The cost structure of the products and segments covered in the study
  • In-depth pricing analysis, by key product segments, regions and by major market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario
  • Analysis of the market structure, including a tier-wise categorization of key market participants
  • Competitive landscape of the market, including detailed profiles of the top players in Sensory Modifiers market

 

 

 

Sports Protective Equipment Market is expected to grow at a CAGR of Approximately Over 2022-2026

Global demand for sports protective equipment is picking up steadily, after a hiatus and recovery period after the global financial crisis. Increasing emphasis on maintaining health and well-being will continue to influence the market positively during the forecast period; however, growth will be offset by declining profit margins at brick-and-mortar stores.

Popularity of e-commerce websites and apps among millennials is anticipated to open up new growth avenues for manufacturers, as ease of buying, convenience, and discounts continue to play a major role in influencing buying decisions. The online retail market is growing at a robust pace, with many brick-and-mortar stores tying up with e-commerce sites to offer their products exclusively. Sales through e-commerce sites are expected to offset the sluggish growth through retail stores during the forecast period.

Product enhancement through R&D activities is expected to have a major impact on the global sports protective equipment market during the forecast period. In addition to this, rising participation at local level sport activities in colleges, schools, and universities is leading to sustained demand for sports equipment from these end-use industries. In addition to this, rising prominence of national level events is projected to drive the global sports protective equipment market during the forecast period. Besides this, the prominence of online store in order to purchase sports protective equipment is expected to intensify the growth of sports protective equipment market worldwide. This has supported the global sports protective equipment market to extend to a wide consumer base, which is expected to add up for the growth and development of sports protective equipment market worldwide.

Geographically, the global Sports Protective Equipment industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa.  North America was the largest market for sports protective equipment in 2015, and is expected to maintain its numero uno position during the forecast period. Europe and Asia Pacific excluding Japan (APEJ) are the second and third largest markets for sports protective equipment globally. Higher disposable income and robust economic growth in India, China and Japan is expected to fuel the market growth of Asia pacific region during 2016-2026.

Sports Protective Equipment Market Key Players:

Some of the leading players identified across the value chain of the global sports protective equipment market include Adidas, Amer Sports, Nike, BRG sports, Under Armour, PUMA SE, Fortune Brands Inc, Dunlop Sports Group Americas Inc., Daiwa Seiko Corp., and Jaren Corporation. Mergers and acquisitions and new product development is likely to be major strategies that manufacturers are expected to adopt in a bid to boost their positioning in the market.

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

The report covers exhaustive analysis on:

  • Global Sports Protective Equipment Market Segments
  • Global Sports Protective Equipment Market Dynamics
  • Historical Actual Market Size, 2013 – 2015
  • Global Sports Protective Equipment Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Global Sports Protective Equipment Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Global Sports Protective Equipment Market Drivers and Restraints

Regional analysis for Sports Protective Equipment Market includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific & Japan
  • The Middle East and Africa

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Sports Protective Equipment Market Segmentation

The global sports protective equipment can be segmented on the basis of product type into

  • cycling protective equipment
  • ball sports protective equipment
  • extreme sports equipment market

On the basis of distribution channel, the global sports equipment market is segmented into

  • department and discount stores
  • sports shop and specialty stores
  • online stores and others

Report Highlights:

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

 

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Fragrance Product Market is expected to grow at a CAGR of Approximately Over 2022-2025

Fragrance Product Market Overview

Fragrance products make up one of the largest segments in personal care industry and is expected to grow at a double digit CAGR over the forecast period 2015-2025. The global fragrance product market is largely driven by the westernized daily grooming routines and increasing consumer spending on personal care products across the globe.

Perfumes and deodorants are the two main categories of fragrance products among which deodorant is the fastest growing segment when compared to the perfumes. Deodorants are cheaper in price in comparison of perfumes and affordable for all category of consumer.

Speedily increasing demand of fragrance products by young population is one of the major factor driving growth of the fragrance product market all over the world. Deodorants and perfumes are of utmost importance for young generation especially in female category for daily grooming routines.

 

Global Fragrance Product Market: Drivers and Restraints

Variety of fragrances offered by fragrance product manufacturing companies, innovative technology used in perfume and deodorant bottles, increasing consumer spending on fragrance products, various offers and discounts offered by fragrance product companies and various functional advantages of fragrance products are some of the prime factors that are ballooning the demand for fragrance products. These factors are expected to drive fragrance product market to a great extent during the forecast period.

However, skin problems such as skin irritation and darkening of skin, caused by some harmful ingredients used in fragrance products may hamper the demand of perfumes and deodorants. In addition, environmental concern due to parabens that release out of deodorant spray which are responsible for the ozone layer depletion, may act as a restraining factor for the growth of global fragrance product market.

Global Fragrance Product Market: Regional outlook

Depending on geographic regions, global fragrance product market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Maximum population of developed countries use fragrance products on daily basis and these countries are faring better in global fragrance product market.

As of 2014 North America dominated the global fragrance product market followed by Western Europe and both of these regions are lucrative market for fragrance products. Moreover, Asia Pacific region is anticipated to be the fastest growing region during the forecast period owing to the increasing per capita spending power and westernization of the daily grooming routines. Furthermore, young population of growing economies such as India and China is expected to drive the demand for fragrance products in Asia Pacific region.

Global Fragrance Product Market: Market Players

The key players operating in global fragrance market are Lutens’ Borneo, Eau de Vert Eau de Parfum, L’eau Serge Lutens, Clive Christian, L’Oreal SA, Floris, Coty Inc., Revlon Inc. Eastee Lauder, Aramis, Christian Dior, BulgariS.p. A., Louis Vuitton, Calvin Kelin, LVMH Group, Chanel, Fifth & Pacific Companies, Procter and Gamble, Gucci, Bourjois, Prada. These market players are offering variety of fragrances with multiple advantages in order to get the competitive advantages.

The report covers exhaustive analysis on:

  • Fragrance Product Market Segments
  • Fragrance Product Market Dynamics
  • Fragrance Product Market Size
  • Fragrance Product Market Supply & Demand
  • Fragrance Product Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Fragrance Product Technology
  • Fragrance Product market Value Chain

Regional analysis includes

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

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

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Global Fragrance Product Market: Market Segmentation

The Fragrance product market is broadly classified into three segments on the basis of demography

  • Male Fragrance products
  • Female Fragrance Products
  • Unisex fragrance products

The Fragrance product market is broadly classified into three segments on the basis of product prices

  • High
  • Medium
  • Low

Report Highlights:

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

 

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Food Blender and Mixer Market is expected to grow at a CAGR of Approximately Over 2022-2025

Food Blender and Mixer Market Overview

Overview:

Blenders are multipurpose appliances that have a variety of utilization in the home, business as well as in laboratory. The major function in home and bar application is geared towards ice crushing. Blenders also emulsify softer food ingredients such as yogurt and fruit, which ultimately results in a thick consistency and smooth texture. A blender is developed around a vessel for various ingredients to be blended. At the uppermost part of the vessel is a cap to prevent ingredients from escaping while the blender is on. The blender vessel rests upon a base comprising of a motor. Different food blenders have different operations and features but product testing showcases that various blenders are useful for meeting numerous consumer needs. Blenders also have different applications in food science and microbiology. It has been noticed that recent advancement in blender and mixer designs have added to the growing attainment of food companies, meeting their requirement for consistency and growing new products while also lowering production costs. The Food blender and mixer market in India is currently growing at a rapid pace and is anticipated to grow at a significant growth rate in the next few years. Rising processed food industry will escalate the demand of food blenders and mixer all across the globe.

 

Global Food Blender and Mixer: Market Segmentation

The global Food Blender and Mixer market is segmented on the basis of type of blenders which include shaft mixers, ribbon food blender, high shear mixer, double cone food blender, screw mixer and food blender and planetary mixer. The global food blender and mixer market is also divided on the basis of applications such as bakery, dairy, beverage, confectionary and others. The dairy is further sub-segmented by ice-cream, milk, yogurt and others. The global food blender and mixer market is also divided by technology type such as continuous and batch.

Global Food Blender and Mixer Market: Growth Drivers

Booming processed food industry is driving the demand for food blender and mixer all around the world. Apart from this, tiring work schedules necessitates on the go consumption and accessible meals. The global food blender and mixer market is expected to showcase rapid growth in future due to rising consumption of bakery, beverage and confectionaries in developing economies. The robust growth of disposable income in the developing economies is also fostering the growth of global blender and mixer market across the globe. Along with this, increasing health consciousness among consumers have prompted the sales of processed food products thus stimulating the growth of global food blender and mixer market.

Global Food Blender and Mixer Market: Regional Outlook

Geographically, the Global Food Blender and Mixer industry can be divided  by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. The European region captured the major chunk in the global food blender and mixer market in 2014. The consumption of food products which include snacks, bakery and dairy products are rising in European countries. In the coming few years, the market in Asian region is estimated to grow at a higher pace as compared to markets of Europe and North America.

Global Food Blender and Mixer Market: Players

Some of the key vendors identified across the value chain in the global Food Blender and Mixer market include   Tetra Laval International S.A., SPX Corporation, GEA group, Krones AG, Sulzer Limited, Buhler Holding AG, John Bean Technologies Corporation, KHS GmbH, Marel HF and Hosokawa Micron Corporation.  In order to gain the competitive advantage, the companies are going for expansions and moving to new and untapped markets. The top companies are also acquiring small and local players in order to mark their significant presence in the global food blender and mixer market.

 

The Report covers exhaustive analysis on:

  • Food Blender and Mixer Market Segments
  • Food Blender and Mixer Market Dynamics
  • Historical Actual Market Size, 2012 – 2015 for Global Food Blender and Mixer Market
  • Food Blender and Mixer Market Size & Forecast 2016 to 2025
  • Supply & Demand Value Chain
  • Food Blender and Mixer Market Current Trends/Issues/Challenges
  • Competition & Companies involved in Global Food Blender and Mixer Market
  • Technology
  • Value Chain
  • Global Food Blender and Mixer Market Drivers and Restraints

Regional analysis for Global Food Blender and Mixer Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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

Food Blender Mixer Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
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Fish Protein Isolate Market Growth Analysis, Varieties And Analysis Of Key Players – Forecasts To 2030

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.

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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.

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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

About FMI:

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

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Phytochemical Market – Global Briefing, Growth Analysis And Opportunities Outlook 2022 To 2031

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.

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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.

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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.

About FMI:

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

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Protease Market Anticipated Forecast 2031 In Key Regions Global (United States, European Union And China)

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.

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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/toc/rep-gb-2057

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.

About FMI:

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

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Galactose Market – Global Briefing, Growth Analysis And Opportunities Outlook 2022 To 2031

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.

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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.

About FMI:

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

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Paprika Color Market Share, Revenue, And Average Price By Manufacturers Shared In A Latest Research Report

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%.

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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.

About FMI:

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

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Dog Food Market High State Of Affairs, SWOT Analysis, Business Summary & Forecast 2031

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/toc/rep-gb-13961

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.

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