Petroleum And Fuel Dyes and Markers Market is projected to grow at a moderate growth rate across the globe

Petroleum and fuel dyes is general name for a family of aromatic substance, either organic or synthetic, which are used to add colour characteristics to gasoline and other petroleum products. These complex unsaturated substances have inherent characteristics like solubility and intense colour, and exhibits good affinity towards substrate on which it is being applied.

Petroleum and Fuel Markers, on the other hand, are colourless substances, which when added to fuel, are detected by adding a specific reagent to produce a characteristic colour, and can also be detected by placing the sample in a spectrophotometer to produce an equivalent result.

These petroleum and fuel dyes and markers are used in applications where different grades of fuels need to be distinguished, to prevent fuel adulteration and theft, and to add aesthetic appeal to fuels. Unique characteristic features of petroleum dyes and markers, and rising applications of imparting colours to fuels and petroleum products is letting the market for petroleum fuel dyes and markers to grow steadily over the forecast period.

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Global Petroleum and Fuel Dyes and Markers: Drivers and Restraints

The global Petroleum and Fuel Dyes and Markers market is projected to grow at a moderate growth rate amid rising adulteration of petroleum and fuel across the globe. Increasing number of government laws regarding fuel taxes, is driving the need to incorporate methods to distinguish fuels sold for low and no tax usage or high tax usage. Increasing air transport is another factor driving the demand for petroleum fuel dyes and markers, as many governments requires those be dyed for taxing and safety purposes.  Demand for powdered dyes (markers), however is anticipated to fall over the forecast period, amid, safety concerns regarding handling of markers and higher cost associated with them.

Further rising environmental concerns regarding its usage is restraining the market to grow at a fast pace. Moreover, its association with petroleum market, is another factor affecting the prices in the market, thus imparting significant uncertainties to revenues of the key players

Global Petroleum and Fuel Dyes and Markers Market: Region Wise Outlook

The Global Petroleum and Fuel Dyes and Markers market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). As of 2015. Western Europe, leads the global petroleum dyes and markers market, owing to variegated tax structure for different usage of oils in the region. North America and Easter Europe, are another prominent market in terms of rising demand for petroleum dyes and markers. Rising cases of fuel adulteration in South East Asia countries and Mexico, is leading APEJ and Latin America to also expand with a significant CAGR over the forecast period.

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Global Petroleum and Fuel Dyes and Markers Market: Key Players

  • Innospec Inc.
  • Improchem. Pty Ltd.
  • Sunbelt Corporation
  • John Hogg & Co Ltd.
  • The Dow Chemical Co.
  • United Colour Manufacturing Co.
  • Authentix, Inc.
  • A.S. Harrison & Co Pty Ltd.
  • Fuel Theft Solutions Ltd
  • BASF SE

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

Global Petroleum and Fuel Dyes and Markers: Segmentation

On the basis of product type,

  • Fluorescent dyes
  • Ethyl Dyes
  • Azo Dyes
  • Others

On the basis of Form,

  • Liquid
  • Positive
  • Solvent Blend

On the basis of application,

  • Gasoline
  • Diesel
  • Jet Fuel
  • Fuel Oil
  • Others

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

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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Disodium Inosinate Market is estimated to witness a positive growth over the forecast year- FMI

Disodium inosinate is mostly produced from fish, including meat and the disodium salt of inosinic acid.  Its chemical formula is C10H11N4Na2O8P. Disodium inosinate is used as a flavor enhancer and food additive. Disodium inosinate is widely used in potato chips, instant noodles, and many other snacks. Although it can be extracted from bacterial fermentation of sucrose, it is often commercially made of animal sources. Though it is normally prepared from non- vegetarian products, but manufacturers can prepare it from tapioca starch without any non-vegetarian product used in the productions and labeled as “vegetarian” in the ingredient lists. Disodium inosinate is used as a taste enhancer, in mixture with monosodium glutamate to give the umami taste and is often mixed with foods in synergy with disodium guanylate; the mixture is called as disodium 5′-ribonucleotides. Disodium inosinate is commonly not used freely of glutamic acid. Incase disodium inosinate is existing in a list of ingredients, but monosodium glutamate does not appear to be, it is possible that glutamic acid is normally occurring in another ingredient such as yeast extract, parmesan cheese tomatoes.

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Disodium inosinate Market: Segmentation Overview

Disodium inosinate market segmentation is done by the end-use industry includes the pharmaceutical industry, cosmetics, nutraceutical, food and beverages industry and others. Among above-mentioned industry, Food and Beverage account highest market share in global Disodium inosinate market and is estimated to witness a positive growth over the forecast year. Another segmentation of global Disodium inosinate market is done based on application types such as flavoring agent, taste enhancer, and others. Among these mentioned application type, flavoring agent captures high market share in global Disodium inosinate market. Food and beverage have been the largest market for disodium inosinate for long years.

Disodium inosinate Market: Regional Outlook

By the geographies, the global disodium inosinate market is segmented into seven regions including Latin America, North America, Japan, Middle East & Africa, WesternEurope, Eastern Europe and Asia-Pacific except Japan. Among the regions, North America accounts high market share in disodium inosinate market across the globe. Western Europe is projected to expand at a high growth rate in the Disodium inosinate market, attributed to strong health consciousness among consumers and highly usage in food industry across the regions. Asia Pacific is estimated to witness a positive growth over forecast year in disodium inosinate market across the globe, attributed to emerging economy such as China, India. Due to high demand of disodium inosinate as additives in food & Beverages industry, it is predicted that Japan and North America will see a high growth rate in disodium inosinate market across the globe. Middle East & Africa is predicted to witness a slow growth rate in global disodium inosinate market, owing to low demand of disodium inosinate in that region.

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Few prominent market players of Disodium inosinate market as follow:-

  • Sigma-Aldrich, Inc.
  • Parchem fine & specialty chemicals
  • Zhengzhou Sigma Chemical Co., Ltd.
  • Wuxi Accobio Biotech Inc.
  • Xi’an Leader Biochemical Engineering Co., Ltd.
  • Shaanxi Dideu Medichem Co. Ltd

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

Disodium inosinate Market: Segmentation

The Disodium inosinate market can be segmented on the basis of end-use industry type, application type, and region type globally.

Disodium inosinate market can be segmented by end-use industry type globally as follows:-

  • Pharmaceutical
  • Nutraceutical
  • Cosmetics
  • Food & Beverage
  • Others

Disodium inosinate market can be segmented by application type globally as follows:-

  • Flavoring agent
  • Taste enhancer
  • others

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

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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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Future Market Insights,
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Food Certification Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2031

The food certification market will register healthy growth in 2021 with worldwide revenues projected to increase by 10.30% year over year. Future Market Insights (FMI) has forecast the food certification market to reach US$ 8.4 billion in 2021 backed by the rising demand for food certified products.

Food certifications demand is on the rise due to the increasing consumption of meat based products. Increased consumption have compelled the governing bodies to impose stricter norms for security and quality of food products. This, in turn, have spurred the growth of food certification market.

Rising per capita income and rapid economic growth in developing countries like India and China are driving the food industry. This coupled with increasing penetration of retail food chains and services will positively influence the market growth over the forecast period.

Food producers are increasingly offering certified products to gain the consumers trust. With rising awareness for food transparency and clean-label movement gaining momentum, impressive growth is on the cards.

As per FMI, Asia Pacific food certification market is expected to expand at the highest level due to the ever increasing demand for certified and halal-certified food products, especially in India.

Alongside this, key player are adopting winning strategies such as mergers and acquisition to generate lucrative revenues. This will also positively affect the market. According to the report, rising awareness about certified food products will propel the market growth in the upcoming decade.

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Key Takeaways from FMI’s Food Certification Market Study

  • Increasing consumption of processed food across the globe has spurred growth in the market. In terms of application, the meat segment will hold lion’s share in the global food certification market.
  • ISO 22000 and free-from certification type, collectively, are anticipated to dominate the market.
  • India is likely to emerge as a lucrative market due to the advent of multi-domestic food services and growing demand for halal food products.
  • Growing cases of foodborne diseases in the U.S are likely to spur the growth, bolstering the demand of food certification in the country.
  • China, Japan, and South Korea are expected to witness positive growth backed by the rising need for meat processed food certification.
  • Muslim countries in the Middle East will spur the market growth owing to the increased demand of kosher and halal certified food products.

“Key players are capitalizing on increasing demand for clean-label certification and halal food. Strong distribution networks with food supply chain will create lucrative opportunities for the key players,” says the FMI analyst.

Who is Winning?

Major players include Intertek Group PLC, Llyod’s Register Group Limited, AsureQuality Limited, Bureau Veritas, DEKRA SE, DNV GL, Eurofins Scientific, SGS SA, TÜV SÜD, and Underwriters Laboratories Inc.

Mergers and acquisition remains popular strategy adopted by key players to maintain their strong foothold in the industry. Top players including Intertek Group, SGS SA, Bureau Veritas SA, Eurofins Scientific, and ALS Limited account for nearly 45% of global market share.

Strong manufacturing facilities coupled with strong distribution networks will aid the revenue generation for these market players.

For instance, in September 2020, leading player Intertek Group PLC announced the partnership with Roquette to launch a new audit program for safer food supply chain through their audit practices.

In the same month, ALS announced the expansion of its company’s testing and certification services through including its new food laboratory under the American Association for Laboratory Accreditation (A2LA) satellite program.

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Get Valuable Insights on the Food Certification Market

By Type:

  • BRC Food
  • IFS Food
  • ISO 22000
  • FSSC 22000
  • HACCP
  • Global GAP
  • Organic
  • Kosher
  • Halal
  • Others

By Application Type:

  • Bakery & Confectionery
  • Dairy Products
  • Processed & Packaged Food
  • Infant Food
  • Alcoholic & Non-alcoholic Beverages
  • Functional Food
  • Meat & Poultry Products
  • Seafood

Agricultural Adjuvant Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2032

Sales in the global agricultural adjuvants market are expected to grow at a steady 6.2% CAGR over the forecast period, reaching US$ 6.2 Bn by 2032.

Increasing industrialization and colonization across the globe is reducing cultivable land. To fulfil the rising demand for food, farmers are seeking effective ways to increase crop yield, which, in turn, is spurring demand for agricultural adjuvants.

Adjuvants are added to pesticides to improve spray retention and droplet drying. The reaction between herbicide adjuvants and herbicide activity depends on various factors like leaf surface, adjuvant type, herbicide chemical form and external weather conditions. Key players in the market are launching new variants by developing formulations to improve their efficacy to limit herbicide leaching in groundwater.

Some types of agricultural adjuvants available in the market are surfactants, oils, compatibility agents, buffering and conditioning agents, defoaming agents, deposition agents, and drift control agents.

The availability of different types of adjuvants is expected to propel the demand for function-specific adjuvants in the market. Further, as adjuvants do not have any pesticide properties, their usage is not governed by the US Environmental Protection Agency regulations. This is expected to widen the scope of applications of agricultural adjuvants.

Further, rapid adoption of advanced technologies in agricultural industry such as precision farming is expected to boost the demand for agricultural adjuvants. As per FMI, North America is expected to emerge as the most lucrative market, followed by Europe and Asia Pacific.

“Rising awareness regarding wastage of pesticides and their negative environmental impact is spurring demand in the market. In addition to this, wide availability of target-based adjuvants will continue propelling sales over the assessment period,” says the FMI analyst.

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Key Takeaways:

  • Based on the crop type, sales in the cereals segment are projected to increase at a 5.6% CAGR though 2032.
  • In terms of application, demand for herbicides adjuvants will gain traction at a considerable pace.
  • The U.S. will emerge as a lucrative market, accounting for 24% of the total market share over the forecast period.
  • Sales in the U.K. will account for a dominant share in the Europe agricultural adjuvants market through 2032.
  • Demand in the India agricultural adjuvants market will account for 18% of the total market share.

Competitive Landscape

Key manufacturers operating in the agricultural adjuvants are focusing on research & development to offer different effective formulations. Besides this, players are collaborating and investing in mergers and acquisitions to gain a competitive edge in the market. For instance:

  • BREAK-THRU® SD 260. is the first solid, water-soluble trisiloxane on the market is which is ideal for solid pesticide formulations (WP/WDG). It is used in biopesticide WP formulations, to simplify the manufacturing of solid pesticide formulations, makes trisiloxane available for solid pesticide and solid microbiological formulations, which can be used as a tank mix adjuvant.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global reduced fat butter market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights into the global agricultural adjuvants market based on the product type (activator adjuvants, oil adjuvants, surfactants, utility adjuvants), application (fungicide adjuvants, insecticide adjuvants, herbicide adjuvants) crop type (cereals, oilseeds, fruits & vegetables) across seven regions.

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.

RTD Cocktail Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2032

The global RTD cocktail market is projected to expand at 11.6% CAGR, reaching US$ 104.9 Bn in 2032.

RTD cocktails share the stage with low-alcoholic beverages that were introduced in the market for health-conscious consumers or consumers that are avid drinkers but have medical conditions (diabetes, obesity).

Owing to various factors such as house party culture, health concerns, convenience, and wide range of product portfolio, sales in the RTD cocktails market are expected to grow at a considerable pace over the forecast period (2022-2032).

Surging demand for low calorie beverages is influencing the demand for RTD cocktails. In response to this, players are launching low calorie and low ABV (alcohol by volume) drinks and are introducing flavours made from natural ingredients.

Cocktail manufacturers are bringing sophisticated flavors on the table such as Bergamot Sparkler, Classic Gin Martini, Spumante Molto Rosso, and others to give an elegant touch and complement it with other traditional and organic flavors.

Additionally, key players are trying to leverage social media marketing by promoting their products on Instagram to appeal the millennial population. Such marketing strategies and innovative solutions will boost the market in the forthcoming years.

“Growing demand for natural ingredients and low-sugar content in beverages, along with increasing focus on convenience, portability and easy accessibility of RTD beverages are key trends anticipated to drive the market over the forecast period,” says the FMI analyst.

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Key Takeaways:

  • By product type, the vodka segment is expected to account for 20% of the total market share in 2022.
  • In terms of flavor, citrus and ginger flavored cocktails together are expected to hold a value share of nearly 43% of the global market by 2022 end
  • The canned RTD cocktails segment is expected to account for 54% of the global market in 2022.
  • Sales in the U.S. will command 78% of the total RTD cocktail market share by 2032.
  • China will continue exhibiting high demand, holding 55% of the total market share in 2022.
  • India will emerge as a lucrative market, with sales growing at a 11.6% CAGR over the forecast period.

Competitive Landscape

Manufacturers of RTD cocktail are majorly focusing on research & development, product innovation, geographical expansion, partnerships and mergers and acquisitions to cater to a growing customer base. For instance:

  • In 2020, Blue Marble introduced nine new mixed drinks such as Mojito, Greyhound, Moscow Rule, and others which are prepared using natural juices, premium distilled spirits, and handmade syrups with very low level of calories.
  • In 2020, Cocktail Squad launched its new collection of zero sugar classy casuals product line which could be enjoyed during all four seasons.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global RTD cocktail market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Product Type:

  • Cider
  • Gin
  • Vodka
  • Wine
  • Whiskey
  • Rum
  • Hard Seltzer
  • Cocktail

By Flavor:

  • Natural/Unflavored
  • Flavored
    • Citrus
    • Ginger
    • Apple
    • Vanilla
    • Berry
    • Tropical
    • Coconut
    • Jerk
    • Plantain
    • Mixed Fruits

By Packaging:

  • Bottle
  • Can

By Sales Channel:

  • On-Trade/Food Service
  • Institutional Sale
  • Retail
    • Hyper market/Supermarket
    • Convenience Store
    • Specialty Stores
    • Liquor Shop/Beverage Exclusive
    • Airport Retail
  • Online Retail

By Region:

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

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 Preservatives Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2020

Future Market Insights (FMI) delivers key insights on the global food preservatives market in its latest report titled “Food Preservatives Market: Global Industry Analysis and Opportunity Assessment, 2014 – 2020”. The global food preservatives market is anticipated to expand at a CAGR of 3.5% in terms of value during the forecast period due to various factors, regarding which FMI offers fundamental insights in detail in this report.

On the basis of application, the market has been categorized into bakery, beverages, dairy and milk products, meat and poultry and sea food, and others. The meat, poultry and sea food segment has dominated the food preservatives market over the years, since these food products are an integral part of human food habits. Manufacturers use food preservatives in these products to: extend shelf life, meet the continuous demand and increase production of processed food. The meat, poultry and sea food segment is expected to dominate the food preservatives market in the coming years, though the market is expected to fall from share of 27.9% in 2013 to 27.3% in 2020 in value terms. The food preservatives market used in other products, such as oil and fat, jams and syrup among others, is expected to expand at a CAGR of 4.1% in value terms from 2014 to 2020.

Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic food are some of the other factors contributing towards the market growth. High demand for processed foods and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is presently the fastest growing segment of the global food preservatives market. Healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.

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This report covers drivers, restraints and opportunities that are driving each segment and respective sub-segments of the market, and offers analysis and insights about the potential of the food preservatives market in specific regions. By region, the global food preservatives market was dominated by North America, which held the largest value share of 36.5% of the food preservatives market in 2013, and the region is expected to maintain its dominance in the coming years as well. Currently, manufacturers use preservatives during food processing to prevent spoilage during transportation and to increase the shelf life of foods. The market is witnessing growth due to changing eating patterns and busy lifestyles. Asia Pacific is currently the second largest market for food preservatives after North America. Food preservatives are used for various purposes, including chelating agents and anti-spoilage. In addition, food preservatives are also used as shelf life enhancers, antioxidants and antimicrobials, and enzyme attackers. Increasing demand and trade of food products worldwide is fuelling the Asia Pacific food preservatives market currently. Increasing demand for bakery products, beverages, meat and dairy products is creating a positive impact on the food preservatives market. Changing lifestyles and food patterns are also driving the Asian food preservatives market currently.

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Key competitors covered in the report are BASF SE, Cargill Incorporated, Celanese Corporation, Chr. Hansen A/S, Corbion N.V., DuPont, JEY’S F.I. Inc, Kerry Group, Koninklijke DSM N.V and The Archer Daniels Midland Company. These companies are focusing on developing new products and improving the quality of their existing products through research and development activities. The manufacturers are also focusing on geographical expansion in order to gain a competitive advantage.

Key Segments Covered

  • Food Preservatives Market
    • By Product Segment
      • Natural
      • Synthetic
    • By Function Segment
      • Antimicrobial
      • Antioxidants
      • Others
    • By Application
      • Dairy and milk products
      • Meat, poultry and sea food products
      • Bakery products
      • Beverages products
      • Others

 Key Regions/Countries Covered

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Scandinavia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

Shrimp Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2031

Increasing focus on maintaining good health especially as the world is witnessing various pandemic and epidemic outbreak has been increasing seafood consumption. Against this backdrop Future Market Insights (FMI), presents a positive outlook for the shrimps market. According to the report, the shrimps market is slated to register a CAGR of 6.7% between 2021 and 2031.

Shrimps being a very good source of protein,are increasingly included in food, pharmaceutical, cosmetics, and various industrial products. Consumers have become extremely health conscious owing to the increasing prevalence of various ailments and have become more willing to spend on sea food such as shrimps.

Shrimps have various properties that help in preventing and controlling cholesterol, obesity, heart attacks, and other health conditions. Increasing awareness regarding this is expected to result in high demand for shrimps in the coming years.

Skin care products containing ingredients derived from shrimps are proven to be very beneficial in skin tightening and skin rejuvenation as shrimp contains collagen which is very much needed for tissue repair. Skin cells can be renewed with regular intake of collagen. The upper layer of skin called as epidermis is the most delicate part of the skin.

Consumption of shrimp in form either as a part of their regular diet or in the form of dietary supplements also offers various health benefits. According to the report, the food sector is expected to account for nearly70% of sales in the market through the forecast period.

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Key Takeaways from the Shrimp Market Study

  • Despite restrictions amid pandemic, shrimps market is forecast to exhibit a little below 6% y-o-y growth in 2021
  • Increasing shrimp consumption will enable the U.S. account for over 80% sales in North America
  • The U.K. will continue dominating the Europe market, exhibiting 8.6% y-o-y growth in 2021
  • Seafood consumption is considerably high in Germany and France, catapulting them as lucrative markets for shrimps within Europe
  • China is the largest producer of shrimps and will continue dominating the East Asia market

“Increasing demand for food products with high nutritive value will drive shrimps sales. The market players are likely to focus on strategic collaborations to explore opportunities across untapped markets,” said a lead analyst at FMI

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Increasing Use of Shrimp in Cosmetics and Pharmaceutical Segments

Medical advantages of shrimpscan improve bone density, mind wellbeing, weight control, and reduce the risk of cardiovascular illnesses. Ingredients derived from shrimps are used in various skin care brands, aimed at offering good skin and anti-aging properties.

Shrimps contain a carotenoid called astaxanthin, which has amazing cell reinforcement properties that can incredibly lessen the indications of skin aging caused due to sun damage. Increasing use in cosmetics and pharmaceutical products will aid the overall expansion of the market.

Who is winning?

Some of the leading players operating in the shrimps marketare Vinnbio India Pvt. Ltd,  Charoen Pokphand Food PCL, Pescanova S.A, Galveston Shrimp Company, Gulf Shrimp Company, Seajoy Group, Dom International Limited Thai Union Frozen Products PLC,Marine Harvest ASA, Baton Rouge Shrimp Company, Inc., Labrador Fishermen’s Union Shrimp Company Ltd., ,The Clover Leaf Seafoods Family Ristic GmbHOmarsa S.A, MSeafood Corp Carribbean Ananda Group, Nippon Suisan Kaisha, Ltd.,Shrimp Company Limited, Artisanfish LLC,  Orchid Marine and others.

Companies operating in the market are focusing on M&A, collaborations, and strategic alliances to increase market penetration and production capacity.

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Shrimp Market by Category

Species

  • Gulf Shrimps
  • Farmed Whiteleg Shrimps
  • Banded Coral Shrimps
  • Royal Red Shrimp
  • Giant Tiger Shrimps
  • Blue Shrimps
  • Ocean Shrimps

Source

  • Organic
  • Conventional

Form

  • Canned
  •  Breaded
  • Peeled
  • Cooked & Peeled
  • Shell-On
  • Frozen

Sales Channel

  • Direct
  • Indirect
    • Modern Trade
    • Convenience Stores
    • Specialty Food Stores
    • Wholesale Stores
    • Discount Stores
    • Online Retail
    • Other Retail Formats

Application

  • Food
  • Pharmaceutical
  • Cosmetics
  • Industrial
  • Biotechnology

Region

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

Food Waste Management Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

Food loss, coupled with ecological risks, is leading to a growing need for sustainability and effective food waste management facilities. The amount of food thrown away is increasing at an astounding rate each year. World Bank reports “What a Waste 2.0: A Global Snapshot of Solid Waste Management to 2050” in 2022 which anticipates more than 3 billion tons of waste to be generated annually by 2050. This signals a sharp increase from the current volume, i.e. 2 billion tons.

According to the United States Environmental Protection Agency (EPA), more than 38 million tons of food waste was generated in 2014, with a mere five percent diverted from incinerators and landfills. EPA estimates that food accounts for 21.6% percent of discarded municipal solid waste generated in the country. Food losses and waste bring to light the inefficiency of food value chains and food systems, which cause a fall in overall food availability.

The increasing food loss and wastage has led to a growing focus on decreasing the total volume of waste produced while increasing efforts to bring about sustainability in food waste management worldwide. The global food waste management market is anticipated to be valued at US$ 62.6 Bn in 2022. Future Market Insights (FMI) projects that the food waste management market will see a significant CAGR of over 6.4% during 2021 – 2032.

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Key Takeaways – Food Waste Management Market Study

  • The food waste prevention segment is expected to rank relatively high on the attractiveness index in the global food waste management market. In 2022, the food prevention segment is anticipated to dominate the market.
  • Food loss and wastage occurs at each node of the supply chain, from primary production to final end consumption.
  • According to FMI survey, it is observed that around 85% to 90% of the overall food wasted in the developing economies is in the supply chain, including producers, processors, distributors, transportation & logistics, and retailer levels. In developing economies, food loss usually occurs in the earlier stages of the supply chain as a result of limited technology, inadequate infrastructural facilities, unfavorable climatic conditions, and insufficient processing and lack of marketing.
  • In contrast, developed economies witness food losses and wastage to a substantial extent at the downstream stages of the supply chain.
  • In 2019, food processing wastes is estimated to dominate the food waste management market by waste type.
  • Rising preference for animal food production from food waste is expected gain traction in the food waste management market in the foreseeable future. Animal Feed, followed by fertilizers, are anticipated to remain the largest end-use segment globally during the forecast period.
  • Increase in promotional activities and investments in renewable energy generation are leading to the growing market prospects for food waste management in North America. High demand for renewable energy and development in infrastructure encourages new players operating in recycling and processing food waste market.

Players in the food waste management market could strengthen their positions by introducing services in the rural areas where the concentration of food waste management companies is relatively low.

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Technological Developments to Enhance Prospects for Food Waste Management Organizations

Increasing participation of small and mid-size enterprises in the global food waste management market provides opportunities for innovation in services offered by waste management companies. Through the development of innovative technologies such as shelf-life extension technology, companies operating in the food waste management market are able to expand their global footprint by leveraging the regulatory implications.

Know More About What the Report Covers

Market Segments Covered in Food Waste Management Industry Analysis

By Services:

  • Prevention
  • Collection
  • Transfer
  • Recycling
  • Landfill

By Waste Type:

  • Food Production Wastes
    • Agricultural Produce Wastes
  • Fruits & Vegetable Waste
  • Staple Grain Waste
    • Poultry, Fish and Meat Wastes
  • Bovine
  • Poultry Meat
  • Pork
  • Fish & Other Marine Food
  • Food Processing Wastes
    • Agricultural Produce Processing Waste
    • Poultry, Meat and Seafood Processing Wastes
    • Dairy Food Processing Waste
    • Other Food Processing Wastes
    • Distribution and Supply Chain Wastes
    • Retail Wastes
    • Consumption Wastes
    • Household Food Waste
    • Food Services, Hospitality & Institutional Waste (FSHI Waste)

By End-use:

  • Animal Feed
  • Fertilizer
  • Renewable Energy & Biofuels
  • Others (Cosmetic, Soap, Bio-plastic, and Other Products)

Aquafeed Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2027

A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and a large production of the fish tilapia in Egypt. In terms of volume, the APEJ regional market is estimated to be pegged at 21.5 million metric tonnes in 2017 and this is expected to reach almost 40 million metric tonnes by the end of 2027, registering a CAGR of 6.3% in terms of volume. North America will witness a CAGR of 5.6% in terms of volume during the decadal study 2017 – 2027.

Segmental forecast of the global aquafeed market

The global aquafeed market is segmented on the basis of species (Crustaceans, Fishes, Others); form (Extruded, Powder, Liquid, Pellets); function (Health, Digestibility, Palatability, Special Nutrition); ingredients (Marine, Land Animal, Veg/Grain, Carotenoid, Nutrients, Others); and sales channel (Direct Sales, Indirect Sales, Hyper/Supermarket, Wholesalers, Speciality Stores, Online, Other Retail Formats).

  • The Extruded form type will likely dominate the global aquafeed market in terms of market share – from an estimated 45% value share in 2017 to slightly over 50% by the end of 2027, the segment will record an impressive increase of about 492 basis points in market share. Pellets is likely to hold the second position by form in the global market.
  • Fishes segment by species will remain dominant through 2027 with about 50% market share estimated to be held in 2017 and remaining consistent throughout the forecast period. This segment will also record the highest CAGR.
  • Vegetable/Grains ingredients segment is expected to show tremendous growth over the forecast period. This segment is poised to witness a growth rate of 6.6% during the forecast period.
  • By function, the Digestibility segment will hold high market value share throughout the forecast period – over 30% share of the global market by the end of the forecast period, with an increase of about 138 basis points over the 2017 value share. This segment will register a CAGR of 6.4% in terms of value followed by the Health segment at 6.3% CAGR.
  • Direct Sales will remain the favourite segment by sales channel and will hold over 60% of the market share throughout the forecast period. This segment is anticipated to be valued at over US$ 30 Bn in 2017.

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Global Aquafeed Market Forecast 2017 – 2027

The new report by Future Market Insights titled “Aquafeed Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” forecasts the global aquafeed market to be valued at about US$ 50 Bn by the end of 2017 and will continue to grow at a CAGR of 5.9% during the period of study to reach a market valuation of about US$ 86 Bn by the end of the forecast period.

Competitive landscape

The report profiles some of the top companies operating in the global aquafeed market including Cargill Inc., Koninklijke DSM N.V., BENEO GmbH, Sonac B.V, ADM, Novus International, Biomin Holding GmbH, Nutriad NV, Alltech Inc., Norel SA, Cermaq, Skretting, Aller Aqua A/S, Clextral, Dibaq, Biomar, Zeigler Bros., Inc., Ridley Corporation Limited, Nutreco N.V., and INVE Aquaculture Inc. Major aquafeed manufacturers in developed and emerging economies are focussing on functional features enhancement in their aquafeed using ingredients that focus on digestibility factors.

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For ease of reader convenience, we have segmented the global aquafeed market into the following categories.

By Species

  • Crustaceans
  • Fish
  • Others

By Form

  • Extruded
  • Powder
  • Liquid
  • Pellets

By Function

  • Health
  • Digestion
  • Palatability
  • Special Nutrition

By Ingredients

  • Marine
  • Land Animal
  • Veg/Grain
  • Carotenoid
  • Nutrients
  • Others

By Sales Channel

  • Direct Sales
  • Indirect Sales
  • Hypermarket
  • Supermarket
  • Wholesalers
  • Speciality Stores
  • Online
  • Other Retail Formats

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

Sweetener Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2027

The US$ 121 Bn global sweeteners market is projected to grow moderately at 3.2% CAGR through 2027. Consumer awareness about the potential health impact of sweeteners is driving the shift toward sugar-free products.

Sucrose remains the preferred product type, accounting for nearly 66% revenue share of the market currently. In terms of revenues, the global sucrose market is estimated to be worth US$ 26.83 Bn. However, the after-taste of sucrose alternative products is impeding demand globally.

Natural sweeteners, the second-largest product type, currently holds a market share of nearly 22% globally. This segment is anticipated to gain market share during the for forecast period.

The key trends in the global sweeteners include increasing investments by companies and geographical expansion by key players. Further, due to the limited number of buyers and sellers in the market, most companies are focusing on cost optimization.

Food and beverages sector is the largest application segment in the global sweetener market. This segment currently accounts for nearly 70% revenue share. The food and beverage sector will continue to be the largest application segment throughout the forecast period. In terms of revenues, this will represent a market valuation of over US$ 115 Bn in 2027. During the forecast period 2017-2027, demand for food and beverage segment will grow at a CAGR of 3.2%.

In the food and beverage sector, dairy products and beverages are the two largest sub-segments. These two sub-segments collectively account for a revenue share of 40%.

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North America Sweeteners Market

As is the case globally, sucrose remains the largest product type in North America as well. Sucrose currently accounts for nearly 55% revenue share of the North America sweeteners market currently. Use of sucrose in the food and beverage sector will continue to boost its demand in the North America sweetener market. In North America, the food and beverage segment accounts for over 71% revenue share of the region; this segment will continue to remain prominent during the forecast period.

APEJ Sweeteners Market

Increasing awareness among the middle class in China and India, is a key factor for the rising demand for sweeteners in Asia Pacific excluding Japan (APEJ). The APEJ sweeteners market is projected to grow at a steady rate, opening new avenues of growth for manufacturers. Considering the sheer volume and scale of demand in APEJ, many manufacturers are working on consolidating their position in this market.

Key companies profiled in the report include Carl Kühne KG (GmbH & Co.), Castelo Alimentos S/A, Aspall Cyder Ltd, White house foods, Spectrum Organic Products, LLC, Higher Nature Limited., Vitane Pharmaceuticals, Inc., the kraft heinz company, Bragg Live Food Products, Inc., Swanson Health Products, Inc., Solana Gold Organics, Amfac, Inc.(American Garden), Mautner Markhof Feinkost GmbH, GNC holdings inc, Eden Foods, Inc., Pompeian, Inc., NutraMarks, Inc., Eden Nuganics, Viva Naturals, Health Connection Wholefoods.

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By Sweetener Type? :

  • novel sweeteners
  • natural sweeteners
  • sugar alcohol
  • sucrose
  • artificial sweeteners

By Industry :

  • food & beverage (sweet spreads, bakery goods, beverages, dairy products, confectionery & chewing gums and others)
  • direct sales
  • pharmaceuticals
  • others.

By Region :

  • Eastern Europe
  • Japan
  • Middle-East & Africa (MEA)
  • Latin America
  • Asia-Pacific excluding Japan (APEJ)
  • Western Europe
  • North America