Yeast Extract Market Competitive Growth Strategies Based on Type, Applications, End User and Region 2032

Diverse application of different types of yeast extracts is driving market growth, and, as such, the global yeast extract market is witnessing rising demand, as consumers seek healthy food products derived from natural sources. The global yeast extract market is estimated to be valued at US$ 4,318.0 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 8,707.7 Mn by 2032, rising at a CAGR of 7.3% for 2022-32.

Yeast products are mostly process-resistant, i.e., their composition does not get affected by processes when acid is introduced or during heating or freezing. This makes them appropriate for use in various applications across numerous industries such as food, beverages, cosmetics and personal care, nutraceuticals, pharmaceutical, and others. In the food and beverage industry, yeast extract is mainly used in soups, broths, fish, meat, analogue products, and seasonings.

There is high demand around the world for natural food products over synthetic and chemical food products, to prevent increasing lifestyle diseases. Thus, many food manufacturers are changing their manufacturing patterns and including more natural ingredients in their final products. This is the main factor expected to lead to the positive growth of the yeast extract market over the coming years.

Key Takeaways from Yeast Extract Market Study
  • According to FMI study’s on the yeast extract market, consumers seek products that are healthy and derived from different natural sources. Yeast extract is a kind of healthy food additive, which matches the growing consumer interest supporting their healthy lifestyle and healthy food.
  • The yeast extract market has been segmented on the basis of grade, where food grade yeast extract holds a major share. However, over the course of the coming years, feed grade yeast extract is expected to experience high growth due to its increasing demand from the feed industry.
  • Among the end-use industries the food and beverage industry contributes around 36.4% share in the overall yeast extract market. Yeast extract is used in soups, processed food, dairy food, bakery products, sauces, savory flavors, non- alcoholic beverages, and alcoholic beverages. In addition to this, it finds application across various other industries, such as the cosmetic and personal care industry.
  • Asia Pacific dominates the global yeast extract market in terms of value share, with both, Latin America and Asia Pacific expected to experience a high growth rate over the forecast period. China, especially, is exhibiting rising demand for yeast extract, owing to increasing consumer demand for premium food products with high flavor and taste.

Yeast Extract Market

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Yeast Extract Manufacturers Focusing on Product Innovation and Launches to Establish Strong Footprint

Manufacturers operating in the yeast extract are investing more in research & development activities to upscale their product innovation and improve their product portfolio. They are also focusing on increasing their sales footprint to serve consumers around the globe. Yeast extract manufacturers are expanding their supply chain to meet the demand from various end-use industries such as food and beverages, animal feed, pharmaceuticals, microbial nutrients, cosmetic and personal care, and other industries.

YEAST EXTRACT MARKET TAXONOMY

The global yeast extract market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Grade

  • Food Grade
  • Feed Grade

End Use

  • Food and Beverages
    • Soups
    • Processed Food
    • Dairy Products
    • Bakery
    • Sauces & Savory Flavors
    • Non-alcoholic Beverages
    • Alcoholic Beverages
  • Animal Feed
  • Pharmaceuticals
  • Microbial Nutrients
  • Cosmetics & Personal Care
  • Others (Biofuel & Biomass Production)

Region

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

Find More Valuable Insights on Yeast Extract Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global yeast extract market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study divulges compelling insights on the yeast extract market based on grade (food and feed) end use (food and beverages, animal feed, pharmaceuticals, microbial nutrients, cosmetic and personal care, and other industries), across five major regions.

Convenience Food Market Current and Future Demand, Analysis, Growth and Forecast By 2030

Over the years, the convenience food market has made life easier for man, owing to its ability to provide a complete meal that has been pre-prepared, and requires little or no further preparation by consumers before it can be consumed. People are attracted to this kind of meal due to the lack of cooking skills, fatigue, and change in consumers’ demography (increasing urbanization, especially in the Asia Pacific). The global packaged and processed food industry is expected to experience significant growth in the next few years owing to consumers’ lifestyles.Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-96

Convenience Food Market Driven by Change in Consumer Lifestyle

The demand for dinner time solutions by present-day consumers is increasing rapidly, as meal consumption behavior amongst consumers is shifting drastically. While individuals increasingly lack the time and skill to prepare food in their homes, many consumers are willing to spend money in the ready to eat market. And this factor has increased the demand for convenience food retail market.

The corona-virus pandemic is another driving force changing the lifestyle of consumers towards consuming convenience foods because most nations are forced to restrict movement and lockdown their borders. The need for pre-prepared meals is paramount within this period, especially in the US, where the pandemic is hitting the nation hard.

This factor is restructuring the human lifestyle as well as growing the convenience food market, and this is what food and beverage industries are using as leverage to increase their production during this period as the demand for their products is rising steadily

Robust Government Initiative to allow COVID-19 Pandemic Favour The Sales of Ready to Eat Food

In the current scenario, the demand for convenience foods is gaining a significant boost from governments giving the order that only supermarkets and formally registered markets should remain open so that consumers’ daily necessities can be easily accessed.

A lot of people believe that the spike will be short-lived as preventive measures are put in place to stop the spread of the coronavirus so that life can be back to normal.  But experts believe that humans are always striving towards living a convenient lifestyle, and this is what the pandemic has caused, so the effect of this on the convenience food market will be long-lasting.

Convenience Food Market Restraints

One of the significant challenges faced by the convenience food retail market is the lack of proper storage, processing, and packaging facilities, which are often threats to frozen foods. The increase in the number of stringent regulations is another force restricting the market from growing.  Companies are finding it challenging to abide by the rules and regulations given by governments. Lastly, people are becoming more conservative in consuming convenience foods due to their exposure to the side effects of the preservatives. And if proper amendments are not out in place to curb these restraints, the convenience food retail market might experience a decline in the global market.

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Convenience Food Market: Region-wise Analysis

Europe remains the primary market for convenience retail food as consumers in the UK live busy and hectic lifestyles, reducing their time to prepare food. This lifestyle has made people from this region switch to consuming frozen foods, dried and canned meals.

In addition to the UK, countries in North America and Europe are significant markets for convenience food. The change in consumer lifestyle due to the pandemic will fuel the growth of these regions.

Convenience Market: Competitive Landscape

  • Amy’s Kitchen, Inc.
  • Cargill, Incorporated
  • ConAgra Foods, Inc.
  • General Mills, Inc.
  • Tyson Foods, Inc.
  • Mondelz International, Inc.
  • Kraft Foods Group Inc.

Region-wise Analysis

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

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 an 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.

Global Convenience Food Market Segment Analysis 

The convenience food market can be segmented on the following basis:

Type

  • Frozen foods
  • Canned foods
  • Ready to eat snacks
  • Meals
  • Chilled foods

Distribution Channels

  • Supermarkets and hypermarkets
  • Departmental stores
  • Mom and Pop shops
  • Convenience stores

Report Highlights:

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

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Postnatal Health Supplements Market Current and Future Demand, Analysis, Growth and Forecast By 2031

Around the world, the free-from trend in food and pharmaceuticals continues to gain consumer interest. The number of consumers suffering from food allergies is on the rise. As a result, manufacturers of postnatal health supplements are developing products that do not contain potential allergen materials. According to a study by Future Market Insights (FMI), the global postnatal health supplements market will reach US$ 478.4 Mn by 2021.

Rising awareness regarding the wellbeing of new mothers, coupled with various initiatives undertaken by government and non-government organizations, will create growth opportunities. With sales via e-commerce gradually gaining pace, the market is expected to record impressive growth between 2021 and 2031. According to FMI, sales via online retailer will rise at above 7% CAGR over the forecast period

Modern offerings in the postnatal products category are developed from free-from ingredients such as soy, yeast, gluten, eggs, wheat, dairy, casein, shellfish, gelatine, starch, artificial sweeteners, artificial colours, artificial flavours, high-fructose corn syrup, preservatives and sodium. The demand will be particularly high for vitamin & mineral supplements. Sales of these supplements are expected to account for over 35% of the market in terms of ingredients.

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Key Takeaways from the Postnatal Health Supplements Market Study:

  • The U.S. holds the lead, accounting for more than 30% of the overall market share owing to demand for supplement solutions for pregnancy complications.
  • Consumption of capsule based postnatal health supplements will account for more than 40% of the market owing to superior consumer convenience.
  • Focus on innovations among manufacturers will drive sales in Germany and France
  • Launch of clean-label supplements will be a key factor driving sales in China
  • Rising focus on well-being of new mothers will drive sales in Brazil

Lactating Mothers Become Conscious About Dietary Needs in the U.S.

The rising concern for cognitive well-being among new mothers is a primary driver in the global postnatal health supplement market. During lactation and pregnancy periods, nutrient requirements for women rise steadily, particularly for micronutrients like folate, iodine, copper and iron. Dietitians and clinicians routinely recommend or prescribe postnatal and prenatal supplements to avoid nutrient deficiencies. As a result, pregnant mothers plan carefully to compensate for nutrient deficiencies while also avoiding exceeding the Tolerable Upper Intake Level for postnatal supplement use. This growing awareness will support demand.

Increased Frequency of Product Launches Drives Growth

Postnatal supplements are is high demand among the health-conscious consumers due to changing lifestyles and increasing prevalence of various diseases. To meet ongoing demand, manufacturers are investing more in the launch of postnatal supplements products.

For instances, Ritual launched Essential Postnatal in 2020, a clinically developed multivitamin intended to meet the nutritional needs of mothers for up to six months after delivery or as long as they expect to breastfeed or pump.

Who is winning?

Some of the leading companies offering postnatal health supplements are Church & Dwight Co. Inc., The Honest Co. Inc., DuPont De Nemours Inc., New Chapter Inc., Nordic Natural Inc., Pharmavite LLC, Actif USA, Eu Natural, Naturelo Premium Supplements, LLC., Theralogix – Nutritional Science, Pure Essence Labs, Fairhaven Health – Milkies, Pink Stork, Vitabiotics Ltd., and others.

To meet a large customer base, postnatal health supplements manufacturers are focusing on advertising and promotional activities. The manufacturers are creating awareness about postnatal health supplements through running various campaigns on social media platforms such as Facebook, Instagram, YouTube and others. The manufacturers are also focusing on strengthening its distribution network in emerging nations to reach a larger consumer base. The manufacturers are also focusing on online retailing in the Covid-19 pandemic to offer a wide range of products to its customers.

Postnatal health supplements Market by Category

Ingredient

  • Vitamins & Minerals Supplements
  • Herbal Supplements
    • Ayurvedic Extracts
    • Algal Extracts
    • Phyto-Chemicals
  • Protein and Amino Acid Supplements
  • Prebiotic Supplements
  • Probiotic Supplements

Form

  • Soft Gels/Pills
    • Confectionery Products
      • Gummies
      • Chews
      • Others (Lollipops, Hard Boiled Candies)
    • Pharmaceutical Products
      • Chewable Pills
      • Gel Caps
  • Tablet
  • Capsule
  • Liquid

Distribution Channel

  • Store Based Retailing
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Drug Stores and Pharmacies
    • Health & Wellness Stores
    • Other Retailers
  • Online Retailing

Application

  • General Well-being and Lactation Support
  • Weight Management
  • Immune & Digestive Health
  • Bone and Joint Health
  • Heart Health
  • Eye Health
  • Other Indications

Region

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

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Key Questions Answered in the Report

  • Which is the most lucrative market for postnatal health supplements?

North America has the largest market share, accounting for 33.6% of the total global postnatal health supplements market. Many women in the U.S. suffer health complication after and during the pregnancy, which triggers the growth postnatal health supplements market in the North America.

  • Which ingredient of postnatal health supplements is generating the most sales?

Protein and amino acid supplements of postnatal health supplements accounted for US$ 183.3 Mn market value in 2021 and expected to grow at a CAGR of 8.0% during the forecasted period. Increased awareness and importance of protein and amino acid supplements among the pregnant women, driving the growth postnatal health supplements market

  • Which are some of the leading companies offering postnatal health supplements market?

Some of the leading companies offering postnatal health supplements are Church & Dwight Co. Inc., Pharmavite LLC, New Chapter Inc., The Honest Company Inc., Vitabiotics Ltd. and many others.

  • Which form of the postnatal health supplements is generating the most sales?

The capsule are the most sales generating form of the postnatal health supplements with an value of US$ 199.0 Mn in 2021 and expected to reach a value of US$ 372.9 Mn in 2031 with a lucrative CAGR of 6.5%. Due to convenience in transportation, capsule segment is accounted for maximum share of the global postnatal health supplements market.

About FMI:

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

Dietary Supplements Market Current and Future Demand, Analysis, Growth and Forecast By 2031

As per FMI’s analysis, the global dietary supplement market is poised to expand at above 9% CAGR to surpass a valuation of approx. US$ 254 billion by 2031. Younger demographic of consumers is exhibiting high demand for dietary supplements in the form of soft gels/pills.

Growing concerns about maintaining a healthy lifestyle while increasing modernization across the globe are the key factors driving the consumption of vitamins & minerals as dietary supplements across the globe.

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Alongside this, growing incidence lifestyle disease among geriatric population and increasing auto-immune diseases such as asthma and diabetes are bolstering the growth of dietary supplements market.

Consumers’ growing need to include various vitamins & nutrients in their daily diets is commonly being combined with their need for the convenience in their dietary habits.

Thus, online retail pharmaceutical companies are contributing towards increasing the adoption of dietary supplements. Hence, dietary supplements market is anticipated to witness a staggering growth over the coming years.

However, factors such as negative publicity, use of adultered ingredients that have potential for substance abuse, and false product claims are likely to impede the growth of dietary supplements during the forecast period.

Key Takeaways from FMI’s Dietary Supplements Market Study

  • By form type, soft gel/pills are anticipated to emerge as lucrative segment through 2021
  • Increasing application in sports nutrition will stimulate dietary supplements sales
  • Rising prevalence of obesity and other lifestyle across the U.S. will improve the consumption of dietary supplements, spurring sales
  • Increasing cases of malnutrition among pediatric population will spur the sales of dietary supplements across India
  • Japan is expected to register a stellar growth on the back of growing cardiovascular disease among geriatric population
  • Countries such as Spain, the U.K., France, and Germany will witness an impressive growth backed by the rising vitamin D deficiency through 2021

“Growing health conscious population across the globe and increasing focus on innovating flavor and texture of dietary supplements will widen the growth opportunities for the market during the forecast period,” says the FMI analyst. 

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Competitive Landscape

Herblife International, BASF SE, E. I. Du Pont de Nemours and Company, Glanbia Plc, Royal DSM N.V., Abbott Laboratories, Amway Enterprises, NBTY Inc., Bayer AG, and GlaxoSmithKline Limited are some prominent players operating in the dietary supplements market.

Increasing focus on product innovation to broaden their product portfolios will provide lucrative opportunities for the market players. Also, with strategic collaborations and early regulatory approvals leading players are expanding their global reach to maintain their position in the industry.

Furthermore, unauthorized use of ingredients and substances potential for abuse used in the manufacturing of dietary supplements might act as a restraint for the market growth.

For instance, the U.S. Food and Drug Administration (FDA), on May 21, 2021 announced that they seized more than 207,000 units of dietary supplements that contain kratom, including over 34,000 kilograms of bulk kratom, an adultered dietary supplement ingredient, manufactured by Atofil LLC, subsidiary of premium manufacturing products.

In October 2020, leading player Abbott Laboratories, announced the launch of strawberry-flavored food supplements in India to expand their product portfolio.

More Insights on the Global Dietary Supplements Market

In its latest report, FMI offers an unbiased analysis of the global dietary supplements market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of form (soft gel/pills, powder and liquid), ingredient (vitamins & minerals, amino acids, botanical supplements, and others), application (weight loss, sports nutrition, general wellbeing, immune & digestive health, bone & joint health, heart health and others), distribution channel (pharmacies/drugstore, health & beauty stores, hypermarket/supermarket, internet, and direct selling), and end-use (men, women, senior citizens, and others) across seven major regions (North America, Latin America, Europe, East Asia, South Asia Pacific and Middle East & Africa)

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Saffron Market One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2029

While North America holds almost half of the car rental market share, East Asia is expected to emerge as the most lucrative for companies in the car rental market, attributable to the increasing tourism sector in China & Japan. Growing economic & infrastructural development, foreign investments, and medical tourism in China are other factors expected to boost growth of the car rental market over the forecast period.

On the back of these factors, the global car rental market value is at US$ 116 Bn in 2019 and expected to expand at 7.0% CAGR during the forecast period of 2019-2029.

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Key Takeaways of Global Car Rental Market Study

  • North America is expected to dominate the global car rental market, owing to high usage rate of car rental services by daily commuters, office-goers, and tourists in the country. Moreover, the growing trend of car sharing also boosts the usage of car rental in this region.
  • According to FMI, the on-airport end use category accounted for the maximum share in the global car rental market, owing to high presence of international/domestic tourists for leisure as well as business.
  • In car rental market, online booking platform including mobile applications and other internet services will continue to dominate the car rental market during the forecast period. Mobile applications segment is expected to see a prolific rise with a higher CAGR in car rental. Preferential shift of consumers towards mobile platforms are primarily driven by the growth of mobile users and high internet penetration.

Who is Winning

The global car rental market represents a fairly consolidated competition landscape, where a majority of car rental key players maintain their strategic focus on new innovative service offerings. Some of the key players are Enterprise Holdings Inc., The Hertz Corporation, Europcar Group, and Sixt SE. The car rental market in the U.S. is highly concentrated and top three car rental companies (Enterprise Rent-A-Car, Hertz Global Holdings, Inc. and Avis Budget Group, Inc.) hold more than 62% of market share in U.S. in 2018.

  • In May 2019, Enterprise Holdings, Inc., a private holding company with headquarters in the U.S. launched the U.S. car rental industry’s first vehicle-subscription service, which provides flexibility and convenience to customers.
  • In Nov 2019, Hertz and Air France jointly launched Hertz DriveU, which was designed to meet all customer transportation needs.
  • In Aug 2019, the Europcar Mobility Group, a France-based car rental company, had acquired a 100% stake in the U.S.-Fox Rent A Car company, to expand its customer base of 15 million by 2023.

 “Players in the global car rental market can gain significant profits by focusing on intermediate cars in addition to economic cars. The growing popularity of car sharing coupled with the rising disposable incomes are expected to drive the demand for intermediate cars during the forecast period,” says an FMI analyst.

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CAR RENTAL MARKET TAXONOMY

The global car rental market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers. The segmentation is done on the basis of car type, end-use, customer type, booking mode, sector, and region.

Car Type

  • Economy Cars
  • Compact Cars
  • Intermediate Cars
  • Premium Cars
  • Luxury Cars
  • Others

End-use

  • Intercity
  • Intracity
  • On-Airport
  • Others

Customer Type

  • Business
  • Leisure

Booking  Mode

  • Offline Access
  • Mobile Applications
  • Other Internet Access

Sector

  • Organized
  • Unorganized

Region

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

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More Valuable Insights on Car Rental Market

Future Market Insights, in its new report, provides an analysis of the global car rental market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The car rental study reveals compelling insights on the car rental market on the basis of car type (economy cars, compact cars, intermediate cars, premium cars, luxury cars, and others), end-use (intercity, intracity, on-airport, and others), customer type (business, leisure), and booking mode (offline access, mobile application, and other internet access), and sector (organized and unorganized) across seven major 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.

Plant-Based Protein Market One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2030

The plant-based protein market size is expected to reach US$ 18,191 Mn by the end of 2030. According to a study by Future Market Insights (FMI), titled “Plant-Based Protein Market. Global Industry Analysis 2015-2019 and Opportunity Assessment 2020 – 2030,” the market is expected to expand at a CAGR of 6.0% over the forecast period (2015–2030). According to the report, increasing incidence of health issues such as diabetes, blood pressure, and obesity is encouraging consumers to opt for healthy lifestyle. Therefore, they are more demand for dietary supplements and functional foods that contain plant-based proteins.

“Plant-based protein contains a number of health benefits. For instance; soy protein contains lower amounts of saturated fat and cholesterol than meat products. Soy protein is actually a “complete protein,” since it provides amino acids essential to human nutrition,  helps to reduce LDL cholesterol and promotes a healthy heart health. Therefore, the demand for plant-based protein is likely to rise considerable compared to animal based protein” as per a lead FMI analyst.

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KEY RESEARCH FINDINGS

  • Increasing productivity of food and beverage sector will provide an array of opportunities to the plant-based protein market
  • Based on product type, soy protein segment is estimated to represent the largest share in the global plant-based protein market
  • On the basis of application, convenience food segment is expected to witness the fastest growth during the forecast period
  • The plant-based protein market in East Asia, especially in China, South Korea and Japan, is expected to witness a high growth during the forecast period
  • Consumers in Europe prefer high protein diet in comparison to other regions. A consumer’s regular diet in this region comprises more than the recommended amount of protein prescribed for maintaining ideal health. This has led to increasing demand for plant-based proteins and protein rich products

Global Plant-Based Protein Market: Competitive Benchmarking

Rapidly Evolving Lifestyle and Diet Choices will Enable Growth

Rapidly evolving lifestyles and growing demand for convenience food items are likely to boost the growth rate of the plant-based protein market. In addition, consumer preference for natural and organic products is rising, which is expected to fuel demand in the market in the coming years. As a result of this, consumption in both developing and developed countries is expected to rise. Trend of consuming natural energy foods is expected to continue steadily, as preference for healthier and premium alternatives such as seeded bread, breakfast cereals, smoothies, bakery and other products with natural ingredients is rising.

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It includes in-depth insights into the plant-based protein market. Some of these are:

  • The global plant-based protein market is anticipated to expand at a CAGR 6.0% to account for US$ 18,191 Mn by 2030 end as per the likely scenario.
  • Consumer spending on the healthy lifestyle considered in North America in different zones may vary with the course of time, thus the North America plant-based protein market might show a traditional scenario by expanding at a CAGR of 4.2% to account for US$ 3,926 Mn by 2020 end.
  • Demand for organic plant-based protein is rising among the consumers in around the world wide. Organic plant-based protein is stated as healthier multi-beneficial ingredient over to conventional plant-based protein. Hence, organic plant based protein shows high growth rate compare to conventional plant-based protein.
  • The plant-based protein has become a recognized replacement for multiple proteins used in dietary supplements such as whey protein, meat proteins, egg protein, and others. This is due to increasing vegan trend, etc. hence it reflect the high market growth rate of plant-based protein over the coming years.
  • Among products available in the market, the protein flour segment is likely to remain dominant through the course of the forecast period.

Who is winning?

Some of the major players in the plant-based protein that are covered in this report are Glanbia Plc, Archer-Daniels Midland Co., Roquette Freres, Cargill Incorporation, Burcon Nutrascience Corporat, E.I. du Pont de Nemours & Co,  Cosucra Groupe Warcoing, Ingredion Inc, and CHS Inc, AGT Food & Ingredients, Inc.

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PLANT-BASED PROTEIN MARKET TAXONOMY

The global Plant-based protein Market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Others

Form

  • Isolates
  • Concentrates
  • Hydrolysates

Nature

  • Organic
  • Conventional

Application

  • Nutritional Products
    • Sports Nutrition
    • Medical Nutrition
    • Infant Nutrition
  • Bakery
  • Snacks & Cereals
  • Dairy
  • Confectionary and Dessert
  • Convenience Food
  • Beverages
  • Animal Feed
  • Others

Oat Drinks Market One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2031

Future Market Insights (FMI) in a new study has forecast oat milk market’s valuation to reach US$ 435.4 Mn by the end of 2021. Rising focus on sustainable diets that are adequate nutritionally, economically viable, environmentally sound, and socially & culturally accepted has been creating growth opportunities. Currently there is a consistent rise in the demand for plant based dairy alternatives. With the increasing awareness regarding healthy living, an increasing number of consumers have been turning to oat drinks.

Nowadays consumers expect safe and nourishing on-the-go beverages. Increasing prevalence of lactose intolerance has been causing shift to dairy alternatives. Oat drinks contribute to healthy eating habits and provide more nutritional value, including vitamins, minerals, and healthy fats. Many health conscious individuals, opting for restrictive diets and flexitarian diets, have been preferring oat drinks.

Oat drinks is beneficial as it carries vitamin D, protein, fiber, calcium. As a result of its nutritional values, oat drinks offers a variety of health benefits, such as reducing cholesterol, boosting immunity, strengthening bone and preventing anemia. FMI has predicted the unflavored or natural segment to hold the lion’s share. However, in the coming years the demand for flavored oat drinks too is expected to rise.

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Key Takeaways from the Oat Drinks Market Study

  • The global oat drinks market is forecast to rise at nearly 8% CAGR between 2021 and 2031
  • In North America, the U.S. will emerge as the leading market accounting for nearly 90% of regional sales in 2021
  • The U.K. will emerge as a highly lucrative market, exhibiting nearly 8% Y-o-Y growth in 2021
  • France and Germany will remain bright spots for oat drinks sales in Europe
  • Australia, Japan, and   Korea will continue exhibiting impressive growth at oat drinks market in Asia Pacific

New Product Launches to Fuel Oats Drinks Demand

Looking at the consumers shift towards, manufacturers are engaging in the launch of a wide variety of oat drinks products that have the certification of non-GMO from the regulatory bodies. Lower Packaging Cost, shelf life are some benefits of using flexible and convenient packaging. For Instance:

  • Cereal Base Ceba AB (Oatly), manufactures a range of products including oat drinks, oat yogurts and many others. The company also focuses on strategic collaboration with big giants.
  • In July 2020, Swedish Oat-milk maker Oatly AB received US$200 Mn investment from Blackstone-Led Group.
  • In 2020, Elmhurst Milked Direct LLC has launched new lines in latte drinks and smoothies mixes. This line includes oat latte with two new flavours- cacao oat milk and flash brew oat milk plus two tea flavours- matcha oat milk and golden oat milk.

Who is winning?

A few of the leading players in the Oat Drinks market are Cereal Base Ceba AB, Pacific Foods of Oregon LLC, Elmhurst Milked Direct LLC, Danone S.A., Lima Food SRL, Oatworks, The Hain Celestial Inc., Abafoods s.r.l., Kaslink Foods Oy, Rude Health, Valsoia S.p.A., Earth’s Own Food Company.

Manufacturers are trying to gain customers attention by attractive packaging with creatively crafted and differentiate their beverage from the rest. For instance, Kaslink Aito Foods sells its oat-based goods in recyclable and eco-friendly cartons and advertises this revolutionary packaging it has introduced along with the company to maximize the effect on its customer base. It adds a sustainable business dimension, and adds to its established customer base nature-loving customers. It, in effect, helps to expand the business and improves the oat drinks sales.

Get Valuable Insights into oat Drinks market 

Future Market Insights, in its new offering, provides an unbiased analysis of the oat drinks Market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the oat drinks market based on Product Type (regular/full fat and reduced fat), By Flavour (natural/unflavoured oat drinks & flavoured oat drinks), By End Use Application (Food Services and Retail Sales) and By Nature (Organic and Conventional), By Format (Shelf-Stabled and Refrigerated) across seven major regions.

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Key Questions Answered in the Report

Q1. Which is the most lucrative market for oat drinks globally?

Europe currently leads the global market for oat drinks. Market share of European oat drinks market is 31.4% in 2020. Within Europe, the demand from the U.K. is expected to increase at an accelerated pace in the coming years.

Q2. Which is the top-selling type of oat drinks?

Regular/Full Fat oat drinks are dominating the market and is expected to account for 80% of the market in 2021. Full fat oat drinks have many health benefits such as great for bone health, may lower blood cholesterol and many others, which have been enabling their sales.

Q3. Which end use application account for maximum oat drinks sales?

Retail sales held the maximum market share of 82.7% in 2020. Buyers have several options to make purchase from under retail sales. These include hypermarkets/supermarkets, convenience stores, mass grocery stores, and others.

Q5. Which are some of the leading companies offering oat drinks?

Some of the leading companies offering oat drinks are Cereal Base Ceba AB (Oatly), Pacific Foods of Oregon, Inc., Elmhurst Milked Direct LLC, Alpro, Lima Food SRL, Oatworks, Oishi, Amandin Organic Products, Valsoia S.p.A., Kaslink Foods Oy Ltd, Rude Health Foods Ltd., Quaker Oats, Provitamil, Pureharvest, Juustoportti Food Oy, Isola bio s.r.l., Natumi AG, Earth’s Own Food Company, Inc.

About FMI

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

Insect Protein Market One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2032

The global insect protein market is set to witness growth at a CAGR of 9.2% and top a valuation of USD 838.5 Mn by 2032.

The global insect protein market is expected to grow at a stunning 9.2% CAGR from 2022 to 2032. This growth can be attributed to the technology’s quick adoption by both producers and consumers. The economic benefits, productivity improvement, and nutritional value provided by insects are the primary drivers of expansion in the edible insect protein sector.

Because of the higher efficacy of protein and minerals in edible insects like beetles and caterpillars, global insect protein industry is expected to reach USD 349.3 million by 2022. Insect protein producers are profiting from growing public health and environmental concerns about traditional animal proteins.

Caterpillars, that have a spectacular double-digit rate of growth of much more than 10.2%, are followed by beetles, which account for more than a quarter of the marketplace. The nutritional advantages of these edible insects, as well as their widespread availability, are propelling expansion in these categories.

More than three-fifths of the worldwide insect protein market is accounted for by Europe and America. Customers are embracing insect protein items manufactured by up-and-coming start-ups such as Eat Grub and Aspire Group. This increase might be attributed to increased consumer awareness of animal agriculture’s harmful environmental consequences. In these highly industrialised areas, insect protein offers a viable option to the informed customer.

Beef only has 29% nutritional protein, while crickets have 69%. The nutrient value distinction between insect protein and regular protein powder is a significant trend driving this business. Insect cultivation for protein extraction requires 8 to 10 times lesser land, 5 times less freshwater, and produces 6 to 12 times fewer greenhouse gas emissions.

Additionally, as the global public becomes more aware of the harmful effects of animal agriculture, corporations are looking for alternatives. Insects include a wide variety of essential amino acid residues, fatty acids, minerals, and vitamins. Because of its medicinal and operational benefits, insect protein is widely accepted by producers and consumers.

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Key Takeaways from Market Study

  • The insect protein market is expected to expand at CAGRs of 5.8% and 6.1% in Europe and America, respectively, through 2032.
  • The European insect protein market currently holds 27.4% share of the total market.
  • During the timeframe of 2017-2021, revenues for insect-based pet food category increased by 18%.
  • Throughout 2020 and 2021, consumption for beetle protein climbed by 11%.

“Insect protein producers would generate revenue if they targeted the protein industries. Because of the increased need for health supplements goods throughout the world, the food supplements business might be a viable business model for insect protein.,” says a Future Market Insights analyst.

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Competitive Landscape

Insect protein suppliers are investing a lot into studies and technology to ensure the quality of their goods.

  • Eat Grub collaboration with SOK: Eat Grub a significant producer of insect protein located in the United Kingdom, is cooperating with SOK, Finland’s biggest grocery store chain.
  • AgriProtein acquired Millibeter N.V: Millibeter N.V was acquired by AgriProtein in 2018. This deal will assist AgriProtein in establishing its first facility in Belgium. The investment is anticipated to extend the company’s European market.
  • EnviroFlight LLC: The firm launched its first production facility in the United States, and it plans to expand its insect protein extraction plant utilizing Black army flies.

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

Internet of Things (IoT) Security Product Market is expected to grow at a CAGR of Approximately Over 2022-2030

Government organizations of various countries have partnered with IoT technology companies for implementing IoT across urban cities. These organizations are also providing funds for the development of IoT applications to technology vendors. Due to increasing smart city projects, the adoption of sensor applications is rising significantly. A growing number of connected devices is expected to fuel demand for Internet of Things (IoT) security product market. Rising penetration of mobile network connectivity increases security threat and industry guidelines to implement embedded hardware solutions, drives the Internet of Things (IoT) security product market.

The value of the global Internet of Things (IoT) Security Product market is anticipated to witness a CAGR of 14.9% during the forecast period of 2020-2030.

Key Takeaways of Internet of Things (IoT) Security Product Market Study

  • Among the application segment, the smart grid sub-segment is expected to witness a high growth rate during the forecast period, owing to the security and privacy considerations for IoT application on smart grids.
  • East Asia is expected to create lucrative growth opportunities for players in the Internet of Things (IoT) Security Product market, due to increasing number of projects implemented by using IoT tools and data sets, in the countries of this region.

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Increasing Adoption of Internet of Things (IoT) Security Product Market amid the COVID-19 Pandemic outbreak

The COVID-19 pandemic outbreak has disrupted many industries, such as the Internet of Things (IoT) security product market. Many private, as well as government organizations, have allowed their employees to work from home amid the lockdowns, which has created the need for monitoring the network security proactively, as people are remotely connected consuming enterprise resources and sharing documents using collaboration tools. For Instance, East Asia accounted for 42% of the total installed connected devices such as smart meters, and among others, in 2019, which is estimated to increase in the forecast period for remote monitoring of the infrastructure during times of such pandemic. Business is increasingly adopting security solutions to manage such security risks in the new home-working environment. Amid the COVID-19 pandemic, there has been led IoT healthcare security solution providers to quickly render solutions for combatting the increasing demand for a high-quality solution for protection against the COVID-19 virus. The growth of the Internet of Things (IoT) security product software solutions will be profoundly impacted in different application, such as Machine-to-Machine (M2M) communication, Vehicle-to-Vehicle (V2V) communication, and among others.

Adoption of IoT devices in the medical sector

Enterprises are required to upgrade their health IT infrastructure for shifting to the Internet of Things and to keep up with increasing adoption of connected medical devices. This technological advancement enables patients and service providers to enable more efficient management and security measures of information and data in the healthcare sector. At the same time, adoption of connected devices has loop-holes for hackers to steal data such as patient records and also conceal services being offered by healthcare service providers. As a result of such cyber threats, healthcare organizations adopting connected medical devices also prefer adopting cyber security solutions.

More Valuable Insights on Internet of Things (IoT) Security Product Market

FMI’s report on the Internet of Things (IoT) security product market is segmented into five major sections such as component (hardware, and software), deployment type (end-point or device security, network security, identity and access management, vulnerability management, messaging security, web security, others), applications (Machine-to-Machine (M2M) communication, smart grid, home and building automation, wearable computing devices, Vehicle-to-Vehicle (V2V) communication), Vertical (consumer goods and retail, consumer goods and retail, transportation and logistics, healthcare, energy and utility, others) and region to help readers understand and lucrative evaluate opportunities in the Internet of Things (IoT) security product market.

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Fleet Management Market is expected to grow at a CAGR of Approximately Over 2022-2031

As per the revised report by Future Market Insights (FMI), the global fleet management market is expected to expand at a CAGR of 10.4% over the forecast period (2021-2031). The growth can be attributed to growing adoption of cloud computing and big data analytics solutions for streamlining fleet management operations.

The market valuation expected to surpass US$ 11.5 Bn in 2021. Cost benefits offered by cloud-based deployments of fleet management solutions and the widespread penetration of mobile networks, with the declining costs of hardware, will drive the market for the foreseeable future.

The COVID-19 pandemic has disrupted many industries, including the fleet management market. Services have been gravely affected including transport, tourism, and distributional services by mobility and travel restrictions for public health measures.

Disruptions in services are having an economic and trade impact, in offering inputs for economic activities such connecting supply chains and facilitating trade. However, the crisis is leading to greater adoption of online services in retail, education, health, telecom, and A/V sectors.

Suppliers are boosting efforts to enhance their online businesses as consumers adopt new habits that will contribute to long-term transition towards online services. Increased usage of online services during has highlighted connectivity and technology related inconsistencies.

Operators in developing and developed nations boosted data capacity and suspended data limits even as governments issued additional wireless connectivity spectrums to enhance service capacities.

Key Takeaways from Fleet Management Market Study

  • Support and maintenance services will hold over 59% of the market share, driven by adoption in small and medium sized enterprises.
  • Transportation applications will exhibit higher demand, holding 37.8% of the market in 2021.
  • China will lead the East Asia market, exhibiting a CAGR of over 9.1% through 2031, with growing demand for cloud-based fleet management solutions.
  • The market in the U.S. is projected to expand at a CAGR of 10% through 2031, supported by presence of key players in the market.
  • Germany will hold the lead in Europe by the end of 2031, with a CAGR of over 11.8% owing to growing prominence of data analytics and predictive maintenance trends.

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Who is winning?

The moderately consolidated fleet management market is characterized by players who are increasingly focusing on the development of new product offerings in addition to strategic geographical expansion efforts. Moreover, fleet management companies not only oversee financing and leasing, but also manage entire fleets.

Prominent players in the fleet management market include but are not limited to TomTom N.V., Trimble Inc., GoFleet Corporation, Cisco Systems, Inc., Geotab Inc., Digital Matter, GPS Trackit, Fleetmatics Group PLC, GoGPS, Wireless Links, Embitel, Gurtam, Teletrac Navman, Linxio, StreetFleet, TigerFleet, Zebra Technologies Corp., Ruptela, Trakm8 Limited, and WebEye Telematics Group, among others.

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