Market Research Blog

The global egg white powder market is likely to be valued at US$ 1.7 Bn in 2022, and will witness strong growth in revenues in the near future, as indicated by a new Future Market Insights (FMI) study. The demand for egg white powder is increasing rapidly in line with growing applicability in multiple verticals, including food processing, pharmaceuticals, cosmetics & personal care, beverage processing, and dietary supplements.

FMI’s report opines that while North America and Europe will remain prominent markets for egg white powder sales, the attractiveness of East Asian market is rising at a brisk pace. The study anticipates the growth of this market to be propelled by the expansion of food processing sector, coupled with the widening applicability of egg white powder in cosmetic and personal care industry, across East Asia, particularly China, South Korea, and Japan.

Convenient storage, affordability, and lasting shelf life of egg white powder continue to solidify its growing popularity over fresh eggs, among end users. While this remains a strong factor pushing demand for egg white powder, the stakeholders stand still staring at the potential impact of the ‘vegan’ trend, thriving all over the globe. The trend of veganism is observing its second wave of growth in developing countries, which further poses a threat to the egg white powder market, in both, developed and developing regional markets.

https://www.futuremarketinsights.com/reports/sample/rep-gb-6804

‘Protein Supplements’ – Key Category Pushing Sales

The analysis of egg white powder market on the basis of end use reveals that dietary supplements will continue to account for a prominent value share in the global egg white powder market. While the prevalence of chronic ailments is rising at an alarming rate, nutritional supplements have become an integral part of the lifestyle of a sizeable consumer pool. Moreover, the growing criticality of consuming protein-rich foods as a part of routine diet necessitates the adoption of wholesome protein sources, such as egg white powder.

The FMI study offers deep-dive analysis of the egg white powder market, which suggests that sales in B2B category will remain prominent in the long run, whereas that in B2C category will be modest. Revenue contribution from B2C sales of egg white powder is primarily sustained by hypermarkets and supermarkets, as the availability of protein-rich ingredients at retail and convenience stores is improving rapidly.

Egg White Powder Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global egg white powder market. Some of the examples of key players in the global egg white powder market are Merck KGaA, HiMedia Laboratories Pvt. Ltd., Kewpie Corporation, NOW Health Group, Inc., Taiyo Kagaku Co. Ltd, AvangardCo Investments Public Limited, SANOVO TECHNOLOGY GROUP, IGRECA, JW Nutritional, LLC, Rembrandt Foods, and Rose Acre Farms., Caneggs.com, Ovostar, Deps, and others.

The global market for egg white powder is expected to expand at a CAGR of ~10.9% between the forecast period 2022-2032. For exclusive insights on how the growth of ‘vegan’ trend will influence the market for the egg white powder landscape.

https://www.futuremarketinsights.com/checkout/6804

Key Segments

By End Use:

• Food Processing
• Cosmetics & Personal Care
• Pharmaceuticals
• Dietary Supplements
• Beverage Processing
• Retail

By Grade:

• Food Grade
• Technical Grade

By Sales Channel:

• B2B
• B2C
  • Store-based Retail
    • Modern Trade
    • Convenience Stores
    • Specialty Sports Stores
    • Online Retail
    • Other Sales Channels
  • Online Retail

By Region:

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

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.

Future Market Insights (FMI), in its new research study, outlines the uncharted corners and looming challenges prevalent in the global fusion beverages market in the next 5 years. According to the research study, the fusion beverages market is estimated to reach a valuation of ~ US$ 5.7 Bn in 2019, and is set to exhibit growth at ~ 6% CAGR during 2022-2032.

Rising trend of dietary assessments and consumer appetite for artful combinations of ‘taste’ and ‘wholesomeness’ are two prominent factors setting the stage for fusion beverages consumption in future.

The new-age consumers crave flavor experimentation in the food & beverage products they savor while being utmost mindful of the nutritional aspects. In this regard, fusion beverages have successfully carved out their spaces in the consumer wish lists and increasing affinity for functional beverages is further warranting their consumption over the years to come. However, overwhelming demands are likely to pressurize fusion beverage manufacturers to create a culture of consistent innovations and keep up with the changing consumer dynamics.

With consumers putting forth their demands for beverages offering ‘multi-sensory’ experiences, fusion beverages are likely to see new opportunities coming their way in 2022 and beyond.

Tea & coffee and alcohol will continue commanding over ½ of the total market revenues, whereas demand for energy sports & drinks is buckling in the fusion drinks landscape, finds the FMI analyst. Off-trade sales currently account for a significant pie of overall market value, wherein non-alcoholic fusion beverages accounted for over 90% of the off-trade sales in 2021.

https://www.futuremarketinsights.com/reports/sample/rep-gb-1824

Product Innovation: The Elixir of Growth in Fusion Beverages Market

Manufacturers of fusion beverages will continue to draw upon the growing affinity for natural ingredients, which would further solidify their brand positioning by a wide margin. The transition toward beverages infused with natural ingredients and move away from the ones with added antioxidants is heading towards its peak, placing the onus on manufacturers to use high-quality natural ingredients in their offerings.

With online channels emerging as the ‘one-stop’ platforms for consumers to shop from a wide range of products at favorable prices, manufacturers are strengthening their online presence and focusing on competitive pricing to gain maximum ROI. Product innovation remains the elixir of growth in the market space, given that distinctive offerings will continue to underpin the relevance of manufacturers amid the competitive market space.

For instance, in 2019, The Coca-Cola Company announced the launch of a ‘coffee-infused’ cola drink – ‘Coca-Cola plus Coffee’ – in South Africa. This beverage is likely to be ‘one-of-its-kind’ offering the fusion of rich bold coffee aroma and mild sweetness with subtle caramel flavor, thereby adding to the well-regarded product portfolio of the company.

According to the report, packaging will continue to be a crucial aspect for manufacturers to revitalize their brand personality. Companies active in the fusion beverages space will continue placing emphasis on ‘functional packaging’ – a win-win concept for manufacturers and consumers alike – wherein product transparency, clean label, and brand storytelling are the key considerations.

‘Smart packaging’ is anticipated as a big trend making its way into the global beverage packaging scene, and is likely to unfold in multiple fronts over the years to come. This trend is also likely to spread its roots into the fusion beverages market and bring new implications for the manufacturers to draw inferences from.

This study puts spotlight on the untapped opportunities in the fusion beverages market and finds that the market will grow at a value CAGR of ~ 6% during the assessment timeline.

https://www.futuremarketinsights.com/checkout/1824

By Product Type :

• Fused coffee and tea
• Carbonated Drinks
• Fusion alcoholic Beverage
• Fruit Juice
• Energy and Sports Drinks
• Others

By Distribution Channel :

• Off-Trade
  • Grocers
  • Hypermarkets
  • Discounters
  • Online stores
  • Highly specialized retailers
  • Alcohol, confectionery and Off-license stores
  • Supermarkets
  • Petrol stations
• On-Trade
  • Bars, Pubs and cafeterias
  • Restaurants
  • Hotels and resorts
  • Temporary retail points, mass events
  • Clubs, discos

By Regions :

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

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.

As per the recent report published by Future Market Insights (FMI), the global plant-based fish feed market revenues roughly equated US$ 6.8 Bn in 2021, which are likely to see a robust CAGR over the course of next decade. The market growth is likely to be driven by factors including, growing consumption of seafood worldwide, concerns over depleting aquatic species, sustainability, and rising prices of fishmeal and fish oil among others.

The report also opines that the innovative and cost-effective plant-based feeds derived from canola oil, soybean, corn, and wheat bran among others, will replace conventional feed such as fish meal and fish oil in the coming years.

The growing global demand for seafood in recent years has directly impacted the demand for plant-based fish feed. Further, as per the Food and Agriculture Association of the United Nations, the aquaculture industry accounts for more than 50% of the global edible seafood supply. Hence, the market players operating in the aquaculture sector need to find alternative feeds to meet the rising demand for seafood worldwide.

https://www.futuremarketinsights.com/reports/sample/rep-gb-10323

Ever-rising Seafood Consumption Points to New Opportunities

The global seafood consumption has witnessed a remarkable growth in recent years. High seafood consumption in recent years has created lucrative opportunities in the plant-based fish feed market as aquaculture farmers pin their hopes on alternative feeds. In the current scenario, soybean and corn meals dominate the plant-based fish feed market in terms of market share and value and the trend is expected to continue through the forecast period.

Soybean and corn meals have illustrated strong potential in the last couple of years and are gaining tremendous popularity owing to enhanced digestibility, optimum protein content and omega-3 levels. According to the analyst, state-of-the-art soy products such as soybean protein concentrate (SPC) and fermented soy are likely to emerge as excellent fish feed alternatives in the coming years. Other crucial factor shaping the growing adoption of soybean and corn meals is its price. The aforementioned plant-based fish feed is cost-effective and also replicate the desired nutritional values required for fish.

Technological Advances Merging with Innovations

As the demand for plant-based fish feed is expected to surge in the next decade, existing players pin their hopes on innovation and R&D to consolidate a strong position in the market. Several companies worldwide are increasing investment in the adoption of new technologies to find cost-effective plant-based fish feed alternatives to meet the global edible seafood demand.

Currently, although the production of alternative feeds is at a nascent stage, major companies are relying on sourcing ingredients from these substitutes to develop customized aqua feed for different species based on their nutritional requirement. Investments for developing novel plant-based aqua feed are expected to rise as investors and stakeholders are eyeing the lucrative opportunities and high potential within the plant-based fish market especially in North America and Europe.

https://www.futuremarketinsights.com/checkout/10323

Key Segment

By Product Type:

• Soybean Meal
• Cottonseed Meal
• Corn Meal
• Distillers Dried Grains with Soluble
• Wheat Bran
• Rice Bran
• Other Product Types (Canola Meal, Sunflower Meal, etc.)

By Nature:                                            

• Organic
• Conventional

By End-Use Application:

• Commercial
• Household

By Form:

• Pellet
• Powder
• Granule
• Flake

By Sales Channel:

• Direct Sales
• Indirect Sales
  • Modern Trade
  • Convenience Stores
  • Specialty Stores
  • Online Retailers
  • Other Sales Channels

By Region:

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

North America and East Asia to Witness Significant Growth

While North America, Europe, and East Asia currently represent the key regional markets for stakeholders in the plant-based fish feed market, the trend will further continue throughout the next decade. The report attributes this trend to growing investments in R&D activities in these regions.

FMI’s report suggests that the changing investment patterns in North America will influence market growth in the region during the forecast period. Further, apart from innovation, companies are eyeing inorganic growth strategies such as mergers and acquisitions to gain a stronger foothold in the market. However, East Asia has emerged as one of the most lucrative markets owing to the growing middle-class population and increasing disposable income in nations such as China, South Korea, Vietnam, and Japan.

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.

The market for pulse flours is primarily driven by the flour’s health benefits. Pulse flours provide protein, fibre, and agricultural micronutrients while also reducing fat, which is an unusual characteristic in a diet. To improve the health benefits of gluten-free products, a tiny amount of pulse flour can be added.

Pulse flour is attracting consumers all around the world because of its distinctiveness, which is driving the industry. The US, India, and Canada are emerging markets for pulse flours, making it a viable market.

Pulse flours are commonly made from peas and chickpeas. Pulse Flour is ideal for making a wide range of snacks that cannot be made with wheat flour or any other flour. As a result of its diverse benefits, the Pulse Flour market is likely to develop over the forecast period.

Because of capital expenditures for in-house cooking, product uniformity, electricity costs, and stricter waste and environmental restrictions, tortilla and chip makers are switching to Pulse Flour instead of alternative flours.

Pulse Flour, on the other hand, comes with some limitations. Pulse flour quality is solely reliant on the type of pulse utilized and the pulse production technique used, both of which can degrade flour quality. Climate, rainfall, water sources and quality of water, as well as pesticides and manure utilized, all affect the quality of the completed product or flour.

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Key Highlights

• Chickpea pulse flour segment is expected to expand at 11.6% CAGR over the forecast period.
• Chickpea segment is estimated to account for 33.2% revenue share of the product type segment by 2021 end and is expected to gain 247 BPS in its market share by 2031 over 2021.
• Chickpea segment is expected to create absolute $ opportunity of US$ 6,440.5 Mn between 2017 and 2026
• The largest share is contributed by APEJ region in chickpea market. This is expected to represent 50.5% of the market in 2021, to reach 54.4%, representing a CAGR across forecast period of 12.6%.

“Rising population and per capita food consumption to fuel global demand. Also, increasing application in preparing nutrition and protein blends creating opportunities for market players “said a lead analyst at FMI.

Who is winning?

Some of the leading companies offering pulse flours are Anchor Ingredients Co. Llc., Archer Daniels Midland Company, Batory Foods, Inc., Bean Growers Australia Limited, Best Cooking Pulses Inc., Blue Ribbon Grain & Pulses Pty Ltd, CanMar Grain Products, Diefenbaker Spice & Pulse, Ehl Ingredients Limited, Great Western Grain Company Ltd, Ingredion Incorporated, Parakh Agro Industries Limited, SunOpta, Inc., The Scoular Company, and others.

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Get Valuable Insights into Pulse flours market 

Future Market Insights, in its new offering, provides an unbiased analysis of the pulse flours market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.

The study divulges compelling insights on the pulse flours market based on product type (chickpea, lentils, pea, beans, and other product types), application (bakery and confectionery, extruded products, beverages, animal feed, dairy products, and other applications), and distribution channel (food chain services, modern trade, convenience store, departmental store, online store, and other distribution channels) across seven major regions.

As per the report by Future Market Insights (FMI), the global chickpea flour market generated sales of nearly USD 4.15 billion in 2022. Chickpea Flour is made by grinding whole dry chickpeas. Being a good source of fiber and protein, and cholesterol free, the demand for chickpea flour is increasing. Chickpea flour also helps to fight various health problems such as obesity, heart disease, diabetes, and cancer, hence the consumption of chickpea flour is increasing. Although chickpea flour is used across the globe, it is especially used in Indian cuisines.

Apart from providing health benefits, chickpea flour also has a subtle flavour which makes it perfect for desserts as well as savory dishes. Moreover, producers of the chickpea flour are also investing in the development of new products in order to serve the large customer base. Chickpea flour is also widely used in producing baked food products, hence the demand for chickpea flour is high among the companies producing backed products.

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https://www.futuremarketinsights.com/reports/sample/rep-gb-6126

Key Highlights on the Global Market for Chickpea Flour

The global market for chickpea flour is segmented on the basis of distribution channel, product type, application, and region. By distribution channel, the market is further segmented into Departmental Store, Convenience Store, Online Store, Modern Trade, Food Chain Services, and Other Distribution Channels. Food chain services are likely to emerge as the largest distribution channel for chickpea flour. By 2026 end, food chain services as a distributor of chickpea flour is estimated to bring in nearly US$ 1,600 million revenue.

Based on the product type, market segmentation includes kabuli and desi chickpea flour. Among these two products, desi chickpea flour is expected to witness significant growth as compared to the kabuli chickpea flour. Desi chickpea flour is estimated to exceed US$ 3,200 million revenue by the end of 2026.

By application, the segments include dairy products, beverages, bakery and confectionery, animal feed, extruded products, and other applications. Among these, chickpea flour is estimated to find the largest application in bakery and confectionery. Towards the end of the forecast period, bakery and confectionery is projected to generate revenue exceeding US$ 2,400 million revenue.

Based on the region, Asia Pacific Excluding Japan (APEJ) is expected to register the highest growth in terms of value throughout the forecast period 2017-2026. APEJ is estimated to exceed US$ 2,400 million revenue by the end of 2026. Chickpea flour is used on a large basis in Indian cuisines, especially in sweet desserts, snacks and various other dishes. Also, high cultivation of chickpea in the region is contributing to the growth of the chickpea flour market. Meanwhile, North America followed by Europe are also anticipated to witness substantial growth in the coming years. Changing eating habits and rising health consciousness among people is driving the market growth in the region.

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Competitive Landscape

Parakh Agro Industries Ltd, Bean Growers Australia, CanMar Grain Products, Best Cooking Pulses, Blue Ribbon, Great Western Grain, Diefenbaker Spice & Pulse, Batory Foods, Anchor Ingredients, The Scoular Company, EHL Limited, SunOpta, ADM, Ingredion, and The Scoular Company, are some of the leading companies in the global market for chickpea flour.

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.