Food Flavour Enhancer Market Expected to Expand More than Three-Fold through 2032

According to a new study by FMI, sales of food flavour enhancer are expected to reach ~US$ 7.4 Bn in 2022, and with rising consumer demand for processed food products, the demand for food flavour enhancers will further grow in the coming years. Consumers are voicing the need for taste to complement nutrients, and food manufacturers are hunting ingredients that can maintain their production costs under a limit.

Eventually, this is expected to bode well for manufacturers in the food flavour enhancers, and the market is expected to grow at a CAGR of ~7% between 2022 and 2032, opines FMI.

The FMI study finds that the availability of food flavour enhancers that assure the reduction of salt in these products is increasing, and the rise in demand is mainly attributed to their adoption as a cost-effective alternative for conventional food flavour enhancing ingredients.

Even though clean-label food flavour enhancers are priced more, but a mere sprinkle will bring the required results. The cost of commodities such as salt and sugar is cut out when a food flavour enhancer is added to a food product. Thus, food flavour enhancers are being adopted extensively by stakeholders in the food industry, especially foodservice operators.

Also, many government regulations have been formulated to reduce the amount of salt in food products due to its adverse effects on the health of humans that consume this in excess, thus driving the food flavour enhancer market. South Africa implemented a legislation in 2013, making salt reduction mandatory, with initial reductions coming into force in 2016, and further reductions enforced in 2018. This, in turn, will bolster sales of food flavour enhancers in the coming years.

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Increased Consumption of Processed Food Driving Food Flavour Enhancer Market

Changing lifestyles and increasing disposable incomes have led to changing consumer preferences, resulting in an increase in the consumption of processed food products. The increasing consumption of these food products has resulted in the growing use of food flavour enhancers.

Food processing companies are expanding their production areas to cater the demand from consumers. This has, in turn, increased the demand for food flavour enhancers from food processing industries.

Consumer demands such as taste along with economic prices have also increased the demand for these food flavour enhancers, not only in the food processing industry but also in the foodservice industry. For example, the increased consumption of packaged foods and beverages is driving the growth of the food flavour enhancer market in China.

Consumption of monosodium glutamate (MSG), which is the most popular type of food flavour enhancer, is the highest in China on a global scale, with 55% of MSG being consumed in the country.

However, health concerns among consumers around the world backtracked the food flavour enhancer market for a short while. Nevertheless, an increase in the alternatives for synthetic food flavour enhancers to cater the demand for clean-label products from consumers resulted in food flavour enhancers gaining acceptance, globally.

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‘MSG Symptom Complex’ Affecting the Worldwide Popularity

The sales of food flavour enhancers were affected few years back, especially in developed regions such as North America and Europe, due to a condition called the MSG symptom complex, which was previously referred as Chinese Restaurant-Syndrome. This was due to few incidents with people in the U.S. that consumed food in Chinese restaurants suffering from symptoms such as rashes, itchiness, flushing, etc.

This resulted in a backlash regarding food flavour enhancers, especially, the one that is most commonly used in these restaurants, which is monosodium glutamate. Even if it was proven otherwise by government testing laboratories, food flavour enhancers gained negative publicity. Therefore, manufacturers of food flavour enhancers have come up with a range of clean-label products that can be used in food products and termed as ‘organic compliant’.

This study by FMI offers insights into the food flavour enhancer market for the forecast period between 2022 and 2032. The food flavour enhancer market is projected to record a CAGR of ~7% during the forecast period.

Key Segment

By Form :

  • Powder
  • Liquid

By Product Type :

  • Glutamates
  • Hydrolyzed Vegetable Protein
  • Yeast Extract
  • Others (Meat Extract, Plant Extract)

By Source :

  • Plant-based
  • Yeast
  • Seaweed
  • Synthetic

By End Use :

  • Soups and Sauces
  • Meat and Seafood
  • Ready Meals/Prepared Foods
  • Dairy Products
  • Snacks, Savouries and Seasonings
  • Beverages
  • Bakery and Confectionery
  • Foodservice/HoReCa
  • Household/Retail
  • Others

By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • Southeast Asia & Rest of APAC
  • MEA

Fat Filled Milk Powder Market to Witness a Pronounce Growth During 2022-2032

Over 2 million tons of fat filled milk powder was consumed globally, by 2018 end. As analyzed by Future Market Insights’ new intelligence report, the consumption volume will increase by 5.1% in 2019. While demand from dairy industry will remain pervasive, FMI envisages a prominent boost to demand growth from bakery, confectionary, and ice cream segments in the near future.

Fat filled milk powder is gaining recognition largely in recent years and has a growing demand especially in developing countries. In 2022, fat filled milk powder market is valued at US$ 4.9 Bn. The market is likely to grow at a CAGR of 5.8% CAGR through 2032 with the projection value of US$ 8.5 Bn.

Economic price point compared to whole milk powder and butterfat has been a prominent factor accounting for growing popularity of fat filled milk powder among multiple sectors of the food and beverages industry. Increasing consumer preference for value-added food ingredients is translating into billowing sales of products such as fat filled milk powder. Moreover, favorable trade scenario is extending strong support to progressing sales of fat filled milk powder.

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Dairy Products Register Highest Consumption, Ice Cream Most Lucrative

While dairy products continue to account for more than 30% of the total volume of fat filled milk powder consumed by 2018, ice cream also registers a significant share of around 1/4th of the total sale of fat filled milk powder. FMI opines that bakery and confectionary are emerging as high-potential segments in the years to come, representing a sizeable collective share in the fat filled milk powder market.

The report forecasts a dominant share for fat filled milk powder 28%, followed by fat filled milk powder 26%. Attributed to the highest vegetable fat and protein profile, the former will continue to reign supreme over others in fat filled milk powder market. Variants of instant fat filled milk powder are the relatively low shareholders in fat filled milk powder market. However, instant fat filled milk powder 26% and 28% will gradually gather traction in the years to come – reflecting healthy annual growth rates in 2019 – according to FMI’s analysis.

Almost 40% sales of fat filled milk powder is clustered at supermarkets and hypermarkets, as depicted by the report. While convenience stores have also been among the key sales channels for fat filled milk powder, FMI foresees promising opportunities residing in the thriving Ecommerce sector. Departmental store sales on the other side are witnessing a healthy upsurge in recent years. FMI anticipates global fat filled milk powder market to benefit from the improving penetration into organized retail sector, rather than within independent retail outlets. Moreover, modern trade formats are more likely to assist revenue growth of the fat filled milk powder market in coming years.

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Global Fat Filled Milk Powder Market: Segmentation

By Product Type:

  • Fat Filled Milk Powder 26%
  • Instant Fat Filled Milk Powder 26%
  • Fat Filled Milk Powder 28%
  • Instant Fat Filled Milk Powder 28%

By Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Department Stores
  • Specialty Stores
  • Online

By End Use:

  • Dairy Products
  • Bakery Products
  • Confectionaries
  • Ice Cream
  • Others

By Region:

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

Europe & North America Capture a Combined Share of over 40%

The largest manufacturers and exporter region of fat filled milk powder, Europe will retain the top ranking consumer market position. The region will collectively account for over 44% share in the total market value, with North America. Whereas, the demand for fat filled milk powder will gain more prominence across South Asian region, according to the report. Sustained popularity of dairy products and a growing trend of consuming dairy beverages with vegetable protein and fat content. Fat filled milk powder manufacturers in South Asian market are likely to encounter untapped windows of opportunities in multiple dairy product categories such as cheese, yogurt, and fresh fermented products. Companies are thus also focusing on expansion of their culture manufacturing capacities.

The report has tracked strategic profiles of some of the leading players operating in fat filled milk powder landscape. Moreover, the report has anticipated a 5.4% volume CAGR for the market during 2018-2028.

 

Antibody Pair Kits Market Key Players – Abcam plc., Abnova Corporation, Thermo Fisher Scientific, Bosterbio, Novus Biologicals, Tonbo Biosciences

Antibody Pair Kits Market: Key Players

Some of the key players present across the value chain of the global antibody pair kits market are Abcam plc., Abnova Corporation, Thermo Fisher Scientific, Bosterbio, Novus Biologicals, Tonbo Biosciences, Creative Diagnostics, Bio-Rad Laboratories, Inc., GeneTex, Inc. Arigo biolaboratories Corp., RayBiotech Life and others.

Antibody Pair Kits: Market Insights

Detection of antibodies is one of the crucial method for differential diagnosis of various pathological conditions. Detecting specific antibodies to viral and bacterial pathogens as well as parasites helps the physician to treat the diseases. Antibodies from systemic autoimmune diseases to organ-specific are predictive for prognosis and detection of immunoglobin E class antibodies plays important role for the diagnosis of immediate hypersensitive reaction. Some of the widely used method for antibodies detection include immunoprecipitation assay, immunocytochemistry and immunoblotting. Antibody pair kits are pre-titered and is optimized for the development of immunoassays or ELISA. Antibody pair kits consist of titrated capture and biotinylated detector with a calibrated protein standard.

Antibody Pair Kits: Market Dynamics

Antibody pair kits is anticipated to exhibit significant growth in the market owing to rising demand for new diagnostics tests and growing research and development. In addition to this, the antibody pair kits provides specificity, sensitivity, flexibility and batch to batch consistency that provide efficient results. Moreover, growing prevalence of HIV, Lyme disease, pernicious anemia, rotavirus, squamous cell carcinoma, syphilis, toxoplasmosis, Zika virus and other infectious diseases is a major factor in contribution of antibody pair kits market. In addition to this, growing healthcare infrastructures in developing countries and rising disposable income adds another factor in driving the growth of the antibody pair kits market. However lack of awareness about new diagnostics test may impact the growth of the antibody pair kits market. Also lack of skilled professional in handling the antibody tests may restrain the growth of the antibody pair kits market.

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Antibody Pair Kits: Region-wise Outlook

On the basis of geography, the global antibody pair kits market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific excluding Japan and Middle East & Africa. North America is projected to hold the considerable share in the antibody pair kits market due to advancement in research and development and increase adoption of new diagnostics techniques and improved healthcare infrastructures which will spur the growth of the antibody pair kits market. Followed by Europe, the antibody pair kits market will generate considerable revenue owing to demand for improved diagnostics procedures and increasing awareness about new technologies. Asia Pacific has increasing potential in antibody pair kits market pertaining to increase in prevalence of HIV diseases and other infectious diseases. In addition to this, increasing healthcare infrastructures and rising disposable income is expected to increase the growth of the antibody pair kits market. Middle East and Africa has less contribution in antibody pair kits market due to less adoption of new diagnostics test and lack of awareness among population may impact the growth of antibody pair kits market.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

The 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 Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

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Antibody Pair Kits Market: Segmentation

Antibody Pair Kits Segmentation by Product Type

  • Capture antibody pair kits
  • Calibrated standard antibody pair kits
  • Detection biotinylated antibody pair kits
  • Streptavidin-hrp conjugate antibody pair kits
  • Buffers

Antibody Pair Kits Segmentation by End User

  • Hospitals
  • Research Institutes
  • Diagnostics Laboratories
  • Speciality Clinics

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

Fresh Figs Market Outlook Cover New Business Strategy with Upcoming Opportunity 2022 to 2032

According to a recent market study by Future Market Insights (FMI), the fresh figs market surpassed US$ 1.4 billion in 2022 and will reportedly grow at a healthy CAGR of 5.3% between 2022 and 2032. Fresh figs are the fruits of fig tree that only produce fruit once a year. Figs are native to the Mediterranean region, although they are currently farmed all over the world.

The FMI study finds that fresh figs are gaining popularity worldwide, especially in the regions of North America and Europe, due to the increasing health-conscious population. Growing applications of fresh figs in food processing as well as in the foodservice industry has increased due to their high nutritional composition and natural sweetness. 

Fresh Figs to Replace Sugar as a Natural Sweetener, Expanding the Scope of Applications 

Fresh figs have long been touted for their health benefits, and have been used in various culinary recipes. The fruit is packed with various nutrients and fibers, plus, it has a significant amount of natural sugar. The health-conscious population has been significant increasing, globally, and processed food manufacturers want to cater to the demand from this particular population.

Health-conscious population across the world is seeking alternatives that are economical as well as high in nutrition. Fresh figs serve this purpose, and thus, their use in the food and beverage industry as a natural sweetener has increased.

Though transportation and storage of fresh figs is an issue, but manufacturers are using alternatives such as preparing marmalades and concentrates of fresh figs so that there is increased shelf life and easy and cost-saving transport.

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Consumer Demand for Exotic Flavors in Food Products to Bolster Sales

Exotic flavours are trending and enjoying increased demand in the food and beverage sector. Innovative and exotic food flavours are experiencing great demand in various products such as ice creams, yogurts, snacks, etc. Fresh figs have an exotic taste and sweet aroma that is not favoured by everyone consuming them. But their incorporation in products such as ice creams, yogurts, etc., brings out a sweet taste, which is preferred by consumers in the countries in North America and Europe. Thus, the consumer base is developing a sweet tooth for products containing fresh figs as an ingredient and as an exotic flavor.

Moreover, less sweet varieties of fresh figs, such as the Kadota variety, are being used in salads because their sweet flavour is experienced when the food product they are added to has a slightly salty flavour. Various varieties of fresh figs are available in the market that can be used in specific applications to experience the exotic taste that foodservice providers around the world are experimenting with and desire.

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Mediterranean-grown Fresh Figs Witnessing Incremental Demand in Developing Countries

Fresh figs are most prevalent in the Mediterranean region that produces the highest amount of fresh figs in the world. Mediterranean grown fresh figs are also in high demand due to the significant amount of vitamins, amino acids, and antioxidants that they contain.

Also, the quality and taste of the fresh figs grown in this region are highly favoured as compared to the fresh figs that are grown in other regions. This has resulted in the growers in the Mediterranean region increasing their capacity and adapting to the organic farming methods to obtain high yield and greater value.

Demand is mostly from Asian countries that do not produce figs in abundant quantities. The preference of the variety of fresh figs in this region is for the produce from countries in the Mediterranean region such as Turkey, Iran, etc.

Fresh Figs Market: Segmentation

Analysis by Nature

  • Organic
  • Conventional

Analysis by Variety

  • Smyrna Figs
  • Black Figs
  • Sari Lop Figs
  • Mission Figs
  • Kadota Figs
  • Others

Analysis by Sales Channel

  • Modern Trade
  • Specialty Stores
  • e-Retailers
  • Grocery Stores
  • Wholesale Stores
  • Industrial
  • Foodservice/HoReCa

Analysis by Region

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

Products from Food Waste Market Size Forecast to Reach US$ 83.26 Bn by 2032|FMI

With better standards of living, consumers are casually throwing away their unwanted goods and products in the garbage. These can be used to create products from food waste. With increased disposable incomes, the value of available food and other goods has gone down considerably. This is especially common in developing regions, where environmental consciousness is much lower than developed regions.

Affluent countries are also known to buy more food than required and then tend to waste it. This has generated considerable opportunities for the products from food waste market. Also, some consumers are becoming aware of food loss in terms of ethics and sustainability, and are coming up with household methods to consume products from food waste.

Products from Food Waste market size was valued at USD 52.91 billion in 2022, and is projected to grow at a CAGR of 4.6% to reach USD 83.26 billion by 2032.

Cosmetic Flaws in Fresh Produce Paving the Way for Retail Sector

Not meeting the cosmetic criteria (which is the faulty appearance of a fruit) is one of the major reasons why plenty of fruits are being discarded as waste, and this has opened the gateway for the growth of the products from food waste market. USDA estimates that, on an average, supermarkets in U.S. lose nearly US$ 15 Bn annually due to cosmetic flaws in fruits and vegetables. This presents ample opportunities for the products from food waste market.

These fruits and vegetables are of excellent quality and at par with the nutritional profile of the ones that are sold in the market. Some small- and medium-sized manufacturers are initiating the processing of such products that do not meet the cosmetic criteria, fueling the growth of the products from food waste market. These products from food waste can easily benefit the health conscious consumers due to their rich nutritional profile. Moreover, consumers tend to pay less for products that are conventional, and a higher price is paid for products that have an added-value, such as organic, vegan, and also products from food waste. Hence, through products from food waste, even manufacturers earn more profits.

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Mango Peels Rapidly Becoming Potential Source of Pectin

There is a special class of pectin – LM pectin (low-methoxyl pectin) – that is preferably used in the manufacturing of low-calorie fruit jellies, which is a valuable product from food waste. The mango peel or mango waste contains a high amount of pectin (20-30% of the peel weight). If the extraction of pectin from mangoes is achieved by adding lemon juice to them, it will result in the reduction of industrial waste, and create an alternative for the production of pectin, helping in adding value to the products from food waste. Obtaining a product from food waste such as mango peels is also in tune with some of the key market trends, such as sustainable production, due to the reduction in toxic effluents.

India also happens to produce tons of products from food waste. The mango, which is a source of pectin, is one of the important produces. Yet, India relies heavily on the import of pectin. Hence, it holds immense potential for the products from food waste market.

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Use of Patented Technologies in Manufacturing of Products from Food Waste Prompting High Price Points

Some of the patented technologies used to manufacture products from food waste are expensive. Middlemen in the products from food waste supply chain, such as farmers, food and beverage processors, and retailers, have expressed keen interest in recycling and manufacturing products from food waste, but might have to face the heavy burden of implementing patented and expensive technologies that are used to manufacture products from food waste. These will add a huge chunk in the cost structure during the manufacturing process of products from food waste. This aspect may become a barrier to the growth of the products from food waste market.

Also, technology is linked with quality, which is an important force in driving the growth of the products from food waste market. Products from food waste manufacturing companies that are not accredited with quality certifications may lose their consumers base, which may hamper the growth of the products from food waste market.

The global products from food waste market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Source :   

  • Mangoes
  • Apples
  • Grapes
  • Citrus Fruits
  • Carrots
  • Beetroot
  • Berries
  • Others

By End User:

  • Food Processing
  • Beverage Processing
  • Cosmetics & Personal Care
  • Dietary Supplements & Nutraceuticals
  • Animal Feed
  • Others

Region:

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

Health And Wellness Products Market Overview Financial Insights Business Growth Strategies with Top Key Players 2022-2026

Health & wellness products are the products that provide a broad spectrum of the food and beverage industry coupled with beauty product industry globally. Younger consumers in the developing countries are willing to pay premiums for health & wellness products as a result of the rising importance in physical fitness. Manufacturers are reformulating health & wellness products to reduce cholesterol, sugar, sodium content and saturated fat of the food products due to increasing health consciousness among the people.

Health & wellness products provide healthful benefits to the consumers along with innovations in various health & wellness products. Manufacturers are using organic ingredients in various health & wellness products instead of artificial ingredients which are harmful to the body. Consumers are focusing on functional food products which are fortified with various essential ingredients such as vitamins, minerals, amino acids and nucleotides which provide health benefits and promotes better health.

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Global Health & Wellness Products: Market Segmentation

The global health & wellness products market is segmented on the basis of the distribution channel, category, type, function, and region. The health & wellness products market is segmented on the basis of distribution channels such as supermarket, hypermarket, independent stores, drug stores, unorganized stores and single brand store. Health & wellness products market is segmented on the basis of the category which includes beverages, packaged food, baby food, baked products, breakfast cereals, confectionery, dairy products, frozen food, sauces, and snacks.

The health & wellness products market is segmented on the basis of function such as beauty products, brain health supplements, immune support supplements and weight management. The health & wellness products market is segmented on the basis of the type which includes food intolerance, fortified food products, and organic products. Hence, the global health & wellness products market is expected to significantly increase the revenue contribution over the forecast period.

Global Health & Wellness Products Market: Regional Outlook

Geographically, the global health & wellness products industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, the Middle East and Africa. Globally, among all regions, Asia Pacific has developed as the dominant region in global health & wellness products market followed by Middle East and Africa.

Increasing food and beverage industry along with growing cosmetic industry, has strengthened the growth of global health & wellness products market and hence is projected to significantly expand the revenue contribution of the market over the forecast period. Growing alternatives to food products in developing countries is also another driving factor of global health & wellness products market.

Global Health & Wellness Products Market: Growth Drivers

The global health & wellness products market driving factors are increasing demand for ready-to-eat snack foods coupled with the convenience of foods. Increasing opportunities in weight management program and rising concern regarding physical fitness is also another factor that is driving the health & wellness products market globally. Rising number of supermarkets, hypermarkets, and independent retail stores are rapidly increasing the demand for various health & wellness products worldwide. Manufacturers are focusing on providing healthier product offerings in various health & wellness products. Hence, the global health & wellness products market is expected to observe robust growth over the forecast period.

Global Health & Wellness Products Market: Key Players

Some of the key players identified across the value chain of the global health & wellness products market include Pfizer Inc., PROVANT HEALTH SOLUTIONS INC., Nestle, The Kraft Heinz Company, Arbonne International, LLC, Buy Wellness, GSK, Walgreen Co., Procter & Gamble, General Nutrition Centers Inc. and others. The companies are expected to expand their business by enhancing their product portfolio in global health & wellness products market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global health & wellness products market till 2026.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, and others)
  • Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Benelux, Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

Health And Wellness Products Market

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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

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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Prebiotic Ingredients Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2032

According to a new study by Future Market Insights (FMI), sales of prebiotic ingredients are expected to record ~US$ 5.5 Bn in 2022, and the rise in the demand will mainly be attributed to its impact in improving the immune system.

Furthermore, growing awareness about the benefits of prebiotic ingredients in maintaining a healthy digestive system and supporting healthy metabolism will continue to drive growth of the prebiotic ingredients market, opines FMI.

“Prebiotic ingredients are natural, food compound ingredients that induce the activity or growth of favorable micro-organisms such as fungi or bacteria. Prebiotic fiber of the predominant type may vary according to the food. The food source such as unrefined barley, whole grain cereals, raw oats, and yacon are classified as prebiotic fiber sources. One of the biggest advantages of prebiotic ingredients is they are unaffected either by long term storage or by temperature and are highly stable. Prebiotic ingredients are resistant to the body’s gastric acid and enzymes, which are not digested, absorbed or destroyed as they travel through the digestive system. Prebiotic ingredients can be added to every type of supplement, drink, and food without compromising their efficiency,” says FMI.

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Manufacturers Emphasize on Building Consumer Trust through Transparency in Production

New techniques have supplied customers with access to smart labels that allow them to monitor the product’s journey. Consumers are now requesting food businesses to improve transparency of their products, moving beyond their profile, ingredients and dietary concentration.

Consumers are demanding to know product origins-from how and where the components are derived when the end product was manufactured.

Trust and transparency have become significant difficulties in the food and beverage sector, as there are no rigid laws and rules on clear branding established by authorities. Companies began to use clear branding as a glittering generality for advertising and marketing reasons and used it to market their products as completely pure products.

Cleaner procedures are crucial for companies to sell transparency in their food products without marginalizing market demand.

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Favorable Government Policies Support the Benefits of Prebiotic Foods

Support from health organizations and governments is one of the key reasons for the growth of the prebiotic ingredients market. The major concern of consumers is the safety and health-benefitting properties of food products they purchase.

Certifications and government approvals for food products become a primary concern for consumers, and this is becoming necessary for manufacturers in the food and beverage industry to use appropriate ingredients to gain trust of the consumers.

The support of the government for the use of prebiotic ingredients in various end-use industries is estimated to drive the prebiotic ingredients. Prebiotic ingredients are commonly used as a natural sweetener in various food applications, and the support from government and health organization is one of the main reason for growth of prebiotic ingredients market.

The prebiotic ingredients market is mainly segmented on the basis of ingredients, source and applications. By ingredients, the prebiotic ingredients market is segmented as-mannan-oligosaccharide, fructo-oligosacchride, galacto-oligosaccharide, inulin and others. By source, the prebiotic ingredients market is segmented into vegetables, cereals, roots and others.

Prebiotic ingredients with sourced from vegetables hold a significant share in the market, while their applications in cereals are anticipated to grow at a higher CAGR during the forecast period. By application, the market is segmented into clinical nutrition, dietary ingredients, functional food & beverages, dairy products, infant formula, breakfast cereal, meat products, and animal nutrition.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Malt Ingredient Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2032

According to a new study by FMI, malt ingredients market is estimated to be valued at USD 24.2 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 39.4 Bn by 2032, rising at a CAGR of 5% for 2022-32. driven by increasing demand from food and beverage, pharmaceuticals, and personal care industries. In the food industry, it is used in many products such as bakery products, confectioneries, dairy & frozen food, and pet food, while in beverages, malt ingredients are used in brewing & distilling of non-alcoholic beverages and other healthy drinks.

Growing trend of adopting natural ingredients in food and beverage industry is directly impacting the demand for malt ingredients. They are associated with number of properties such as, rich in natural sugar constituents, a good source of fibre, low in fat, complex carbohydrate, more vitamins and protein, making them an ideal food and beverage ingredient.

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Gains Underpinned by Increasing Popularity of Malternatives

Malternatives are gaining significant traction as a substitute of beer, which contain malt alcohol in low proportion mixed with other types of alcohol. Wide acceptance of malternatives among the young and urban consumers is likely to complement the growth of the malt ingredients market. Hard lemonade, malt-based coolers, and a new breed of spirits are growing at a rapid rate, potentially raising the demand for malt ingredients.

  • Bacardi silver is positioned as the only malternative with the flavor of rum and the product was launched with a full scale TV, radio, and print media campaigns.
  • Key producers of malternatives include Anheuser-Busch Inc., Arizona Beverage Company LLC, Brown-Forman Corporation, Bacardi U.S.A. Inc., Molson Coors Brewing Company, and Cruzan Rum Distillery.

Factors Fueling the Malt Ingredients Market Growth

Non-alcoholic brews and malt bases of soft drinks are gaining popularity in Central Europe and the Middle East. Malt based beverages are alcohol-free and hence, are exactly lined up with halal regulations. This, in turn, is creating relatively high demand for malt ingredients, especially in Islamic and GCC countries, thereby contributing to the market growth.

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Although the demand for malt ingredient-based products continue to move on an upward spiral, fewer number of market players are unable to meet the growing demand in the current scenario. This, in turn, is likely to generate opportunity for new players to enter into the market and serve large segment of the consumers.

Malt is produced from the barley grains in a process called malting, and is used in the production of beer. Malt ingredients work as a source of starch, contributing to beer’s organoleptic and color characteristics. These ingredients also play an important role in preserving the oxidative stability of beer as the natural source of antioxidants. Growing awareness of these beneficial effects among consumers is likely to fuel the growth of the malt ingredients market.

Market Segments Covered in Malt Ingredients Industry Analysis

By Raw Material :

  • Barley
  • Wheat
  • Rye
  • Maize
  • Rice
  • Oat

By Product Type :

  • Malt Extract
    • Dry Malt Extract
    • Liquid Malt Extract
  • Malt Flour
  • Other Product Types

By Grade :

  • Specialty Malt
    • Caramelized Malt
    • Roasted Malt
  • Standard Malt

By End-Use Industry :

  • Food & Beverages Industry
    • Food
      • Bakery Products
      • Confectionaries
      • Dairy & Frozen Food
      • Pet Food
    • Beverages
      • Brewing
      • Distilling
      • Health Drinks
      • Other Non-alcoholic Beverages
  • Pharmaceutical Industry
  • Personal Care Industry

About Future Market Insights (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, and has delivery centers in the UK, 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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Food Botanicals Market: Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2032

The report offered by Future Market Insights (FMI) expects the global food botanicals market to witness sluggish growth. The market is projected to register 3.2% CAGR during 2022-2032. The global food botanicals market is also projected to bring in US$ 1.95 Bn revenue by the end of 2032.

Botanicals including various plants have gained popularity in various food products. More than 250 botanicals including fresh or dried plants, plant parts in the form of concentrated extracts are added during the processing of the food products. Botanicals are mainly added to provide fragrance, colour, flavour to various food products. Among various botanicals used in food products, many botanical ingredients are generally recognized safe by various regulatory bodies.

Increasing consumption of herbal products and supplements is driving the demand for botanicals in the food and beverages industry. Owing to the characteristics of botanical ingredients including intrinsic health properties is resulting in the increasing use of botanicals in food products.

Manufacturers or producers are also investing in research of new botanicals or plants that can be used in various food products offering a unique taste and lots of health benefits. Changing lifestyle and increasing consumption of dietary supplements including natural ingredients is also driving the market growth.

However, stringent regulations, increasing concerns over raw materials, and increasing number of people suffering from various food allergies are some of the factors hampering the growth of the global food botanicals market. Companies producing beverages energy drinks and non-alcoholic drinks are also focusing on introducing new products using botanical ingredients to offer a unique product with enhanced flavors.

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Key Insights on the Global Food Botanicals Market

The global food botanicals market is segmented into form, source, end users, application, and region. Based on the source, the market is segmented into plants, algae, and fungi or lichens. Plants are expected to witness the highest growth. By the end of 2026, plants are projected to surpass US$ 992,600 million revenue.

On the basis of form, the segmentation includes dried plants and leaves, oelioresins, essential oils, and other forms. Among the given forms, dried plants and leaves are expected to be the most preferred form of food botanicals. Dried plants and leaves are projected to bring in close to US$ 624,900 million revenue by the end of the forecast period.

Based on the application, the global food botanicals market is segmented into beverages, confectionary, supplements, flavour enhancers, and other applications. Supplements are anticipated to be the largest segment in terms of application. Supplements are projected to surpass US$ 521,800 million revenue towards the end of 2032.

On the basis of end users, the market is segmented into commercial and residential. Commercial segment is expected to witness the fastest growth during the forecast period. By the end of 2032, commercial segment is projected to generate more than US$ 931, 200 million revenue.

Geographically, the global food botanicals market is expected to witness the fastest growth in the Asia Pacific Excluding Japan (APEJ). Increasing consumer awareness about the benefits of health supplements, growing demand for plant-derived food, medicines, and supplements in the countries such as China and India are some of the factors driving the food botanicals market in the region. Rising demand for superfoods, protein products and herbal extract powders in APEJ is also contributing to the growth of the market.

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Competitive Analysis

Kerry Group Plc, Marfrig Group, BRF S.A., Pilgrim’s Pride Corporation, Associated British Foods Plc., Tyson Foods, Inc., Arcadian Organic & Natural Meat Co, and Verde Farms, LLC, are some of the major companies operating in the global food botanicals market.

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Source :

  • Plants
  • Algae
  • Fungi or Lichens

Form :

  • Dried Plants and Leaves
  • Oelioresins
  • Essential Oils
  • Other Form

Application :

  • Beverages
  • Confectionery
  • Supplements
  • Flavor Enhancers
  • Other Applications

End Users :

  • Commercial
  • Residential

Cultures Market Is Thriving With Rising Latest Trends 2022

As per the report by Future Market Insights (FMI), the global cultures market is expected to witness moderate growth, registering a CAGR of 4.1% during the forecast period 2016-2026. By the end of 2026, the global Cultures Market generated sales of nearly USD 1.3 billion in 2022.

A substantial increase in the food-borne diseases worldwide is driving the demand for microbial food cultures. Microbial food cultures such as fungi, bacteria, and mould are largely used by food processing companies. They help in preserving food, remove toxic compounds, thereby ensuring food safety. The organisms used in food cultures also offer health benefits to fermented food products. Also, with the increasing population of health conscious customers, the demand for probiotic and functional food is also increasing. Moreover, increasing demand for antibiotics to fight various microbial infections is fueling the growth of the global cultures market.

Advanced technologies are used by companies for the production of microbial food cultures under strict controlled conditions. Governments of various countries have also introduced regulations based on the characteristics and use of the microbial food cultures. The freeze-dried microbial food culture is also gaining traction in the global cultures market. Freeze-drying produces superior quality culture by providing long-term storage and also helps in retaining the intact structure of the food cultures. This also helps in supply-chain of food products as it increases shelf-life of the product.

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Key Highlights In The Global Cultures Market

The global cultures market is segmented on the basis of application, product type, and region. The product type is further segmented into starter, adjunct, probiotic, and other product types. Among the give product types, a starter is expected to see the highest growth during the forecast period. The starter segment is estimated to bring in more than US$ 455,900 million revenue by the end of 2026.

Based on the application, the global cultures market is segmented into beverages, Sauces, dressings, and condiments, bakery & confectionery, dried processed food, sweet & savoury snacks, frozen and chilled processed food, and other applications. Among these, bakery & confectionery segment is expected to be the fastest growing segment in terms of the application during the forecast period 2017-2026. By the end of 2026, bakery & confectionery is estimated to surpass US$ 366,600 million revenue.

Geographically, the global cultures market is segmented into Japan, Europe, Latin America, Asia Pacific Excluding Japan (APEJ), the Middle East and Africa (MEA), and North America. Europe is expected to witness significant growth during the forecast period. Germany, France, Russia, and the U.K., are anticipated to witness the highest growth in the region. Increasing demand for fermented and probiotic foods, the resulting in the use of microbial food cultures to preserve the food for a long time. Availability of advanced technology and infrastructure is also helping in the research and development of food cultures.

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Competition Tracking

Some of the key companies in the global cultures market include Cargill, Chr. Hansen, DuPont, Royal DSM, Tate & Lyle, Kerry Group, Ashland Inc, Ingredion, Naturex, KF Specialty Ingredients, and Evonik.

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Product Type:

  • Starter
  • Adjunct
  • Probiotic
  • Other types

Application:

  • Beverages
  • Sauces, dressings, and condiments
  • Bakery & Confectionery
  • Dried Processed Food
  • Sweet & Savoury Snacks
  • Frozen and Chilled processed food
  • Other Applications