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In its recently published report, ESOMAR-certified Future Market Insights concludes that the global food & beverage disinfection market is poised to reach new heights, impelled by the increasing demand for clean and processed foods.

In its detailed report, FMI summarizes how growth is likely to unfold for the 2020-2030 forecast decade based on several parameters. It acknowledges that the worldwide burden of food related diseases is rising exponentially. The World Health Organization estimates this burden to the tune of 10% of the global population.

Therefore, governments have tightened legal restrictions concerning food processing and distribution to ensure that proper quality and edible food is accessible to all sections of the society. In this light, the scope for food and beverage disinfectants is widening immensely.

Key Takeaways

• By product type, chlorine compounds segment is likely to gather maximum momentum
• Ozonation to be the most widely used food disinfection technology from 2020-2030
• Food processing equipment disinfectants to be impelled due to rising demand for processed foods
• Asia-Pacific to emerge as a revenue hotspot, with India & China pivoting market growth
• By end-use, food industries to make extensive usage of disinfectants

“Prominent players are penetrating non-traditional markets across the Middle East & Latin America, attributed to surging cases of food-ingested infections, thus broadening growth prospects,” says the FMI analyst.

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COVID-19 Impact Insights

The novel coronavirus pandemic has drastically impacted the global economy, with all countries hurtling towards a major recession. Government imposed shutdowns have impacted production cycles across several industries, causing revenue pools to become shallow and profit margins to narrow.

At the same time, several industries such as the food & beverage disinfection market are expected to register substantial growth. Worldwide, there has been a spike in demand for clean-label foods, due to the apprehension among consumers about the possibility of the virus being transmitted through unclean food packets.

A minor downswing was observed during the pandemic’s first wave, attributed to tough lockdowns to prevent the virus’s spread. Eventually, flattening of the infection curve prompted governments to ease the restrictions, thus restoring earlier growth projections. Thus, a V-shaped curve is anticipated to prevail until the short-term forecast period.

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Competitive Landscape

The global food & beverage disinfection market is dominated by the following players: Advanced UV Inc., CCL Pentasol, Evonik Industries AG, Solvay SA, Stepan Company, Entaco NV, Fink Tec GmbH, Halma PLC, Trojan Technologies, Suez, Xylem Inc., Evoqua Water Technologies and Entaco N.V.

The aforementioned players have a significant presence within the global landscape. To consolidate their presence, these players have invested in expanding their product portfolio by offering industry-specific product customizations, strategic collaborations with competing players or agencies and research & development.

Furthermore, these players are also emphasizing on strengthening regional distribution frameworks so as to better penetrate untapped markets. They do so by establishing robust supply chain links and expansion of their production facilities.

More Insights on the Food & Beverage Disinfection Market

Key Segments

Application

• Surface
• Packaging
• Processing Equipment

End Use

• Food
• Beverages

Region

• North America (U.S & Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru & Rest of Latin America)
• Europe (Germany, U.K, France, Spain, Italy, BENELUX, Russia & Rest of  Europe)
• Middle East & Africa (GCC, South Africa, Turkey, Iran, Israel & Rest of MEA)
• East Asia (China, Japan & South Korea)
• South Asia (India, Thailand, Malaysia, Indonesia, Singapore & Rest of South Asia)
• Oceania (Australia & New Zealand)

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.

Plant-based burger market is witnessing a spike in demand, which is expected to continue post pandemic according to a recent report published by Future Market Insights (FMI). Although the pandemic has hit production and supply chains across the world, the global plant-based burgers market has managed to attract demand from consumers says FMI.

The global plant-based burgers market is poised to witness extraordinary growth with CAGR of above 22% for the forecast period 2020-2030, according to FMI. Though plant based burgers were originally developed with vegan and vegetarian consumers in mind, many others are also joining in the ongoing trend. The concepts like ‘flexitarians’ and similar others are gaining traction owing to concerns for health as well as eco system.

Furthermore, animal borne diseases such as COVID-19, SARS, bird flu and many others are pushing more people towards plant based food products. The magnitude and intensity of novel Corona virus is making consumers opt for healthier food substitutes with high nutritional value.

Plant based burgers are made as replacement of regular animal meat burger, using plant ingredients and natural sources without compromising the benefits, but attempting to reduce the drawbacks. These greener and healthier alternatives to the existing food choices are gaining momentum in the market post the onset of COVID-19 suggests report.

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Some of the key takeaways from the report are as follows:

• Europe to continue as the largest market in terms of market size throughout the forecast period
• Plant based beef is identified as the most lucrative product in the segment
• Brands in the food and beverages industry looking to partnering with plant based food companies to expand reach
• HoReCa (food service sector) to emerge as the largest distribution channel throughout forecast period
• East Asia and Latin America to achieve highest growth by the end of forecast period 2020-2030

“As the demand for plant-based burger continues to grow, market players are aiming at innovating packaging and storage solutions to ensure nutrients in their products remain intact for a longer period. They are even forging partnerships with several leading names in food chains to ensure they have a widespread footprint” says analyst at FMI.

COVID-19 Impact on Plant Based Burgers Market

COVID-19 pandemic has impacted life and business since its advent. The lockdowns imposed by the governments to reduce the impact of the pandemic has brought businesses across the world to halt. Many businesses incurred heavy losses owing to the shutdowns in the production. However, plant based food was one particular industry which saw a spike in growth amidst all the uncertainty caused by the pandemic.

This growth could be attributed to the fear in people’s minds because of the animal borne disease such as COVID-19. As the impact of the disease grew stronger, the growth in the sales of healthy and nutritious plant based meat substitutes saw exponential increase. Lockdown imposed in March 2020 saw one of the biggest spikes in sales of plant based meat substitutes in regions including Europe, North America, Latin America and others.

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Who is Winning?

Companies are looking at mergers and acquisitions as the key strategy to gain advantage over the competitors in the market.

Many popular brands in the food and beverages industry are partnering with plant based food companies to reach out to the vegan, vegetarian and flexitarian community.

For instance, fast food giants such as burger King, McDonalds and many other popular restaurant chains are partnering with popular plant based burger brands such as impossible burgers, beyond meat and so on to cater to the wider group of consumers.

Many other food joints are following suit and bringing plant based meat substitutes to their menus. Rising popularity of plant based foods is forcing known brands and new players in the food industry to invest big in the market.

For instance, Burger King partnered with ‘Impossible foods’, a popular brand of plant based products to offer plant based burgers to its customers. Introducing these plant based options has helped Burger King in gaining advantage over rival and popular brand McDonalds. It also increased its customer base as vegan and vegetarian consumers were added because of the new additions in the offerings.

Valuable Insights on Plant-Based Burger Market

Product Type

• Plant based Chicken
• Plant based Beef
• Plant based Pork
• Plant based Fish/Fishless Fish

Source

• Soy-based Protein
• Wheat-based Protein
• Pea-based Protein
• Canola-based Protein
• Fava Bean-based Protein
• Potato-based Protein
• Rice-based Protein
• Lentil-based Protein
• Flax-based Protein
• Chia-based Protein
• Corn-based Protein

Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Food Stores

Region

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

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) recently published global food ultrasound market research report, taking into account the impact of COVID-19 on the market. According to FMI’s analysis, the market is poised to grow steadily, primarily driven by rising food safety concerns by various governments.

In the recent past, regulatory authorities such as the US FDA have enacted guidelines to strengthen food safety protocols. In 2016, it updated Food Safety Modernization Act (FSMA), outlining Preventative Controls for Human and Animal Food, Produce Safety and Foreign Supplier Verification Programs.

Food ultrasound technologies have especially acquired importance in the wake of the COVID-19 pandemic. Since its onset, the FDA has encouraged greater availability of advanced imaging systems, providing significant traction to food ultrasound systems.

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Key Takeaways

• Global food ultrasound market poised to register steady CAGR through 2030
• Asia-Pacific to be a lucrative food ultrasound market, India to be a key revenue engine
• High intensity frequency range food ultrasound systems to emerge as the most lucrative segment
• Meat processing remains lucrative, fruits & vegetables testing to gain significant momentum

“Stringent government regulations to prevent food contamination and adulteration are paving the way for the emergence of numerous regional and global level food ultrasound device manufacturers,” concludes the FMI analyst.

COVID-19 Impact Insights

COVID-19 induced economic disruptions have had a limited impact on global food sales. However, there was a significant increase in demand for instant foods at the pandemic’s onset.

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After emerging wiser from the 2008 financial meltdown, food processors have been highly cautious, prompting them to secure supply chains. This has enabled them to avoid acute shortages. Owing to this trend, the market for food ultrasound systems is expected to remain stable.

Furthermore, a shift towards vegan diets is increasing scope of testing for plant based foods. For instance, over 12% of consumers in the UK have embraced vegan diets since the pandemic’s onset. A quarter of this sample size consist of millennials.

Therefore, increased health awareness combined with secure supply chains is likely to sustain the growth of food ultrasound market throughout the course of the pandemic crisis.

Competitive Landscape

The global food ultrasound market is characterized by the presence of numerous global level manufacturers. Prominent strategies adopted by them include technological innovations, partnerships, collaborations with research organizations and smaller players, acquisitions and new product launches.

In 2015, Hitachi High-Technologies Corporation collaborated with QIAGEN N.V., involving initiatives to deliver important advances in molecular testing. This collaboration aimed to develop new automation based PCR and NGS systems.

In a similar vein, Siemens Healthcare has launched the ACUSON X700^TM Ultrasound System, comprising a 20” LED widescreen display, 180^o articulating arm, one-touch image optimization and customizable measurements & presets.

In 2017, researchers at University of British Columbia developed a laser-equipped spectrometer, complete with statistical analysis to ascertain possible adulteration of ground beef samples, with 99% accuracy.

Fujifilm manufactures the Vevo MD ultra-high frequency machine series, equipped with a Power Doppler, which is capable of visualizing the minutest anatomy which a conventional ultrasound cannot achieve.

More Insights on FMI’s Food Ultrasound Market Report

Food Product

• Meat
• Beverages
• Fruits & Vegetables
• Dairy
• Bakery
• Other Food Products

Frequency Range

• Low Intensity
• High Intensity

Region

• North America (U.S & Canada)
• Latin America (Brazil, Mexico, Argentina, Peru, Chile & Rest of LATAM)
• Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia & Rest of Europe)
• South Asia (India, Thailand, Indonesia, Malaysia, Singapore & Rest of South Asia)
• East Asia (China, Japan & South Korea)
• Oceania (Australia & New Zealand)
• Middle East & Africa (GCC, South Africa, Turkey, Iran, Israel & Rest of 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.

ESOMAR-certified Future Market Insights (FMI) infers that the global beverage stabilizers market is expected to reach impressive heights, given the high incidence of health boosting and non-alcoholic beverage consumption, according to a recently published report.

According to W.H.O., over 3 million fatalities (~6%) in 2012 were attributed to excessive alcohol consumption. Thus, governments worldwide have promoted various awareness campaigns to reduce alcohol intake. As a result, sales of non-alcoholic functional and non-functional beverages has soared.

Since COVID-19’s outbreak, there is a general tilt towards consuming health-boosting beverages, which has opened up new revenue generation frontiers for beverage stabilizer manufacturers. A study revealed that nearly 6 out of 10 consumers intended to reduce unhealthy beverage intake and switch to a healthier lifestyle to avoid complications.

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Key Takeaways

• Global beverage stabilizers to expand at a positive CAGR through 2030
• Xanthan gum derived stabilizers to retain lucrativeness, gum Arabic gaining significant ground
• India & China to emerge as promising growth hotspots, owing to rapid urbanization and surging income levels
• Soft drinks to remain primary application area across the forecast period

“Manufacturers are looking to invest in emerging economies across the Asia-Pacific region, primarily due to increasing beverage consumption in the wake of rising per capita incomes and standard of living,” remarks the FMI analyst.

COVID-19 Impact Analysis

As the COVID-19 pandemic intensifies, prominent food & beverage manufacturers are augmenting production capabilities to offset further recessionary impacts anticipated during the second wave of infections. This is likely to sustain demand for beverage stabilizers.

Online food & beverage delivery chains have greatly assisted in retaining the demand for beverage stabilizers across commercial and residential sectors. For instance, in the U.S., nearly 3 out of 5 e-commerce sales account for food & beverage products. Consequently, the regional demand for beverage stabilizers is likely to prevail.

However, the return to a pre-COVID-19 status quo is highly unlikely, given the considerable time required by the economy to revert to complete normalcy. Hence, a certain degree of sluggishness is also on the cards.

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Competitive Landscape

The global beverage stabilizers market is interspersed with prominent manufacturers such as Archer Daniels Midland Company, DuPont, CP Kelco, Ashland Global Holdings Inc., Ingredion Inc., Nexira, Kerry Group, Glambia Nutritionals and DSM to name a few.

Their primary expansion strategies involve collaborations, acquisitions, expansion of business and product portfolios and new product releases. Lucrative opportunities are in store across the developing world, owing to rising food consumption in the wake of a rapidly growing population.

In October 2020, Archer Daniels invested a significant portion of its revenue in constructing a new state-of-the-art facility in Valencia, Spain. This expansion has been undertaken with the objective of broadening its probiotic foods business segment. This new facility represents a five-fold increase in the company’s production capacity.

In June 2020, Cargill Foods Inc., forayed into the chocolate market in India, with production scheduled to begin from mid-2021 and will initially produce 10,000 tons of chocolate compounds. Growing demand due to enhanced living standards has motivated the food giant to foray into the South Asian market.

More Insights on FMI’s Beverage Stabilizers Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global beverage stabilizers market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the beverage stabilizers market on the basis of product type (gum Arabic, carboxymethyl cellulose, xanthan gum, carrageenan, pectin and others) and application (fruit drinks, dairy beverages, soft drinks, alcoholic beverages and others) across seven prominent regions.

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 rising demand for vegetarian or flexitarian diet coupled with the increasing concerns regarding the environment is driving the plant-based fish market.

According to Future Market Insights (FMI), the global plant-based fish market is anticipated to rise at 28.0% CAGR during the forecast period from the year 2020 to 2030.

As the manufacturing industry has become more advanced providing larger shelf-lives to plant-based fish products suitable for prolonged consumption, the global plant-based fish market growth is accelerating steadily.

Due to the increase in vegan population across the world, the demand for plant-based protein sources is skyrocketing. Besides this, the well-developed healthcare and fitness centers are catering to the further market expansion during the current years.

Rising prevalence of food sensitivities such as sea-food allergies, lactose intolerance, and others are making more people inclined to the plant-based fish products to meet their requirements.

Though COVID-19 outbreak has restricted overall growth of the market to an extent, it is likely to recover especially with people moving away from meat consumption to healthier plant based alternatives, including plant-based fish.

FMI offers an exhaustive overview of the global market. It covers various growth drivers and restraints.

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Some of the key takeaways from the report are highlighted below-

• The ‘new normal’ of going vegan is aiding in the rapid expansion of plant-based fish market growth rapidly
• Europe currently dominates the plant based fish market. In the coming years East Asia too will emerge as an attractive market
• Burger patty is most popular among product segments. With leading food chains launching plant based fish burgers in their menu, growth witnessed in the segment is likely to accelerate
• Demand for soy based fish products will surge considerably in coming years especially with consumers seeking out alternative for meat protein
• Sales through hypermarkets will remain high, although online channels too will witness a proliferation of brands selling plant based fish products

“Rapidly increasing demand for sea-food alternatives are propelling the global plant-based fish market growth substantially. Furthermore, increased environmental concerns and significant rise in vegan population is boosting the market demand worldwide,” says an FMI analyst.

COVID-19 Impact Analysis

Due to the recent COVID-19 pandemic, the global plant-based fish market has faced several hurdles such as closing down of manufacturing units during the lock down period, decreased manpower, scarcity of raw materials and ingredients, affected logistics sectors, and others.

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As a result the global plant-based fish market has been impacted heavily. End users such as vegan restaurants, food supply chain, and others have been non-operational for quite a long time in this year, as a result of which the market growth has slowed down.

In the upside, the novel coronavirus outbreak has made people more conscious about their health resulting increased inclination towards healthy food supplements including proteins which has worked in the favor of plant-based fish market.

According to FMI, the global plant-based fish market is expected to gain back its position by the first quarter of 2021, paving new paths to the key market players.

Who is Winning

As the global plant-based fish market growth is accelerating rapidly, the key market players such as Gardein by Conagra Brands, MorningStar Farms, Symrise, Beneo GmbH, Crown Soya Protein Group, and others are approaching strategic ways along with heavy investment to leverage the market potential.

For instance, Crown Soya Protein Group has launched their textured soya protein soytex which can be used in diverse range of applications such as minced fish fillings, burgers, fishballs, patties, sausages, and others.

Symrise has brought their sustainable and authentic range of plant-based proteins such as taste solutions for typically meaty to aromatic veggie taste solutions, customized plant-based fish solutions for flexitarians, and others to target broad range of end users.

Gardein by Conagra brands has come up with their extensive range of plant-based fish products such as soups, noodles, and others which are produced from 100% vegan ingredients. As the global plant-based fish market is forecast to grow further, the key market players are expected to witness tough competition during the forecast period.

More Valuable Insights on Plant-Based Fish Market

Key Segments

Product Type

• Burger Patty
• Fillets
• Crumbles & Grounds
• Chunks & Tips
• Shreds
• Cutlet
• Strips
• Tenders & Fingers
• Meatballs

Source

• Soy-based Protein
• Wheat-based Protein
• Pea-based Protein
• Canola-based Protein
• Fava Bean-based Protein
• Potato-based Protein
• Rice-based Protein
• Lentil-based Protein
• Flax-based Protein
• Chia-based Protein
• Corn-based Protein

Distribution Channel

• Hypermarket/Supermarkets
• Convenience Stores
• Specialty Food Stores
• Online Retail
• HoReCa (Food Service Sector)

Fish Type

• Tuna
• Crab
• Shrimp

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Middle East and Africa
• 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 global beverage emulsion market is expected to experience significant slowdown in the near-term forecast, rendering future outlook highly stagnant, concludes ESOMAR-certified Future Market Insights (FMI) in its recent publication.

As infection cases experience a resurgence in several regions, governments are reimposing lockdowns, leading to cessation of business activities. This is bound to impact short-term outlook for beverage emulsion products and solutions.

On the bright, however, companies are investing in innovative emulsion technological solutions, paving way for increased research and development prospects in the forthcoming forecast period.

Key Takeaways

• North America to retain lucrativeness, Asia-Pacific to be fastest growing market
• Non-alcoholic beverages, excluding carbonated drinks, likely to leverage maximum beverage emulsion solutions
• Cloud based emulsion techniques to acquire maximum traction by emulsion type through 2030
• Xanthan gum based emulsions to account for credible share in the market

“Healthy drinking trends have prompted consumers to opt for healthier and functional beverages such as plant-based waters and kombucha, providing an opportunity for vendors to introduce specific emulsion solutions,” comments the FMI analyst.

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COVID-19 Impact Insights

The novel coronavirus pandemic is likely to impede the beverage emulsion market growth until 2021, owing to the fears of an incoming second wave of infections, which is likely to compel countries to re-impose nationwide lockdowns, leading to shuttering of industries and businesses.

According to the Scientific Advisory Group for Emergencies (SAGE), the second wave of COVID-19 infections is likely to result in much higher casualties. While deaths will peak at much lower levels compared to the first wave, the number shall prevail for several months.

While these projections may be hypothetical, manufacturers are taking cognizance and strengthening their distribution networks and supply chains so as to offset any further recessionary impact. However, the rate of recovery in the post-pandemic scenario is likely to remain moderate.

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Competitive Intelligence

Prominent vendors within the global beverage emulsion landscape rely on collaborations, acquisitions, technological innovations and new product launches to remain afloat in the market.

Some leading players in the beverage emulsion market include Dohler GmbH, Cargill Inc., Sensient Technologies Corporation, Givaudan SA, Archer-Daniels Midland Company, International Flavors & Fragrances, Kerry Group, CHr Hansen A/S, DuPont, Ingredion Incorporated, Tatel & Lyle PLC, CP Kelco and Ashland Inc.

Since 2017, Dohler GmbH has been working in conjunction with Fraunhofer Society to ensure complete food safety. With respect to the beverages sector, the company offers the Dohler Microsafety Design solution for detecting microorganisms in different beverages.

In August 2020, Cargill Foods Inc., announced a US$ 15 billion investment with respect to a new bio industrial plant, comprising of an annual capacity worth 35,000 tons in Kurkumbh, Maharashtra and will be made available to dairy farmers in and around the region.

More Insights on FMI’s Beverage Emulsion Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global beverage emulsion market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the beverage emulsion market on the basis of source (xanthan gum, pectin, carboxymethyl cellulose, carrageenan, gellan gum, gum Arabic and modified starch), emulsion type (color emulsion, flavor emulsion, cloud emulsion, and vitamin emulsion) and application (non-alcoholic & alcoholic drinks) across seven prominent regions.

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.