Beverage Emulsion Market 2020 Key Players, SWOT Analysis, Key Indicators and Forecast to 2030

The global beverage emulsion market is expected to experience significant slowdown in the near-term forecast, rendering future outlook highly stagnant, concludes ESOMAR-certified Future Market Insights (FMI) in its recent publication.

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

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

Key Takeaways

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

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

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COVID-19 Impact Insights

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

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

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

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Competitive Intelligence

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

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

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

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

Key Segments

Source

  • Xanthan Gum
  • Pectin
  • Carboxymethyl Cellulose
  • Carrageenan
  • Gellan Gum
  • Gum Arabic
  • Modified Starch

Emulsion Type

  • Color Emulsion
  • Flavor Emulsion
  • Cloud Emulsion
  • Vitamin Emulsion

Application

  • Non-Alcoholic
  • Carbonated Beverages
  • Dairy Beverages
  • Fruit Juices
  • RTD Tea/Coffee
  • Alcoholic Drinks

More Insights on FMI’s Beverage Emulsion Market Report

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

Food Ultrasound Market 2020 Key Players, SWOT Analysis, Key Indicators and Forecast to 2030

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

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

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

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Key Takeaways

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

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

COVID-19 Impact Insights

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

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

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

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

Competitive Landscape

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

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

In a similar vein, Siemens Healthcare has launched the ACUSON X700TM Ultrasound System, comprising a 20” LED widescreen display, 180o articulating arm, one-touch image optimization and customizable measurements & presets.

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

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

More Insights on FMI’s Food Ultrasound Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global food ultrasound market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the food ultrasound market on the basis of food product (meat, beverages, fruits & vegetables, dairy, bakery & other food products) and frequency range (low intensity & high intensity) across seven prominent regions.

About Food Market Division at FMI

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

Plant Based Nuggets Market projected to grow at a CAGR of 26% during the period of 2020-2030

Future Market Insights (FMI) in a new study has predicted the consumption of plant based nuggets to surge in the forthcoming years. Rising focus on health and wellness among consumers is underpinning growth in the market. Market players are looking to capitalizing on this opportunity by mimicking the taste and nutritional profile of meat-based products.

However, production cost of plant-based nuggets is comparatively higher, which results in their high price. This could hamper the overall expansion of the market to an extent. Nonetheless, launch of their products in diverse textures and nuggets has been paving way for growth. Especially with focus on animal cruelty surging, FMI foresees positive growth on cards for the market.

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Key Takeaways from the Plant Based Nuggets Market Report

  • The plant based nuggets industry is projected to grow at a CAGR of 26% during the forecast period of 2020-2030
  • Plant based chicken nuggets will remain under spotlight as best-selling product
  • The EU Commission’s support for plant based meat products will help Europe continue to dominate the market
  • Sales via HoReCa will continue to surge through the forecast period
  • Surging adoption of vegetarian and flexitarian diet will open growth prospects for the market in South Asia

“Behemoths in the food chain business are taking cue from changing consumer preference and altering their menus accordingly. Plant-based nuggets are making increasing appearances across menus of some of the leading names in HoReCa business. This is expected to bode well for the market in the coming years,” said a lead analyst at FMI.

Covid-19 Impact Analysis

The Covid-19 pandemic has had a huge effect on people’s lifestyle, reshaping their food preferences. Increasing awareness about the body and immune system has encouraged people to shift to a healthy diet. Rising caution regarding animal borne diseases has compelled consumers to adopt vegan lifestyles. This had caused manufacturers to include plant based meat products in their menus and stores.

The pandemic disrupted market sales but is expected to bounce back with the reopening of several hotel chains. The inclusion of plant based products is expected to attract customers looking for healthier options, ensuring a growth in market.

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Who is Winning?

Leading manufacturers are now partnering with companies to introduce plant based meat products in their outlets. Giant manufacturers like Burger King have partnered with plant based meat manufacturers such as Vegetarian Butcher, to include plant based chicken nuggets in their menu.

In 2020, KFC teamed up with Beyond Meat to introduce plant based chicken nuggets in almost 100 stores in the United States. The success of plant based meat products has encouraged companies to invest in the market.

Manufacturers are focusing to develop ingredients that have zero gluten and are allergen free to create products that can be consumed by all. The leading players in the market are Burger King, KFC, McDonald’s Corporation, Alpha Foods, Urban Platter, Nestlé S.A., Heura Foods, The Vegetarian Butcher and Tyson Foods Inc. among others.

Valuable Insights into the Plant-Based Nuggets Market

Future Market Insights in a recent report has conducted a complete industry analysis of the years 2013-2019 with assessments for the forecast period of 2020-2030. The market is divided into various segments in order to give a detailed analysis.

Based on the product type, the market is divided into plant-based chicken, plant-based beef and plant-based pork. On the basis of the source, the market is segmented into soy-based protein, wheat-based protein, pea-based protein, canola-based protein, fava-bean based protein, potato-based protein, rice-based protein, lentil-based  protein, flax-based protein, chia-based protein and corn-based protein. The market is also segregated based on the distribution channel into retail (hypermarkets/supermarkets, convenience stores or specialty food stores), online retail and HoReCa (Food Service Sector). Lastly, the market is divided based on the region into North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa.

About Food Market Division at FMI

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

Plant Based Meatballs Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2020-2030

The plant-based meatballs market is witnessing impressive growth due to the rising demand for alternate meat. As people are getting more inclined towards vegetarian or flexitarian diet, the demand for plant-based meatballs products is sky-rocketing across the globel.

According to Future Market Insights (FMI), the global plant-based meatballs market is expected to rise at 23% CAGR during the forecast period from the year 2020 to 2030.

As an increasing number of people are moving away from meat to plant-based alternatives to live a cleaner and healthier life, plant-based meatballs market is experiencing surge in demand across the globe. Furthermore, the health-risks associated with various kind of meats such as red meat, and others are encouraging more consumers opting for plant-based meatballs products.

With the growing concern regarding animal life and welfare, more people are choosing to become vegan resulting in further increase in plant-based meatballs products Despite facing decline in market growth due to COVID-19 pandemic, the global plant-based meatballs market is expected to recover its growth rate by the beginning of 2021 creating ample of opportunities for the market players.

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FMI offers an exhaustive overview of the global market, along with its various growth drivers and restraints.

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

  • Plant-based chicken is expected to lead the global market among all other plant-based meatball products throughout the forecast period
  • Soya-based protein sources are expected to gain traction all over the world in the coming years
  • Food service sectors are anticipated to remain as the most efficient distribution channels
  • Europe is expected to lead the global market in the coming years followed by North America
  • Increasing concern for healthy, vegan lifestyle among the consumers is expected to boost the market growth in the near future

“Rising demand for plant-based meat alternatives has been aiding overall growth of the market. With some of the leading brands introducing plant-based meat balls in their menu to cater to health-conscious consumers, the market is expected to witness a flurry of launches in the coming years” says an FMI analyst.

COVID-19 Impact Analysis

The recent outbreak of novel coronavirus has affected the market growth due to several factors such as non-operational manufacturing units during the lock down period, unavailability of sufficient manpower, scarcity of raw materials, financial crisis, job recession, and others.

In the other hand, COVID-19 pandemic has made people more concerned about their health resulting in higher demand for the plant-based protein supply.

Despite facing a few constraints due to the pandemic, the global plant-based meatballs market is expected to grow further in the coming years.

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Who is Winning

In order to capitalize on opportunities prevalent in the global plant-based meatballs market, the key market players such as Beyond Meat, Kellogg’s, Sysco Foodie, Hydrosol, Gardein, Ikea, Zhenmeat, and others are focusing on launching wide varieties of products launching to target broad range of customers.

Beyond Meat has released their extensive range of plant-based meatball products such as pre-formed and ready-to-cook BEYOND MEATBALLS™, BEYOND BREAKFAST SAUSAGE®, COOKOUT CLASSIC™, BEYOND BURGER®, and others.

Sysco Foodie has launched their Sysco Cutting Edge Solutions Products in February 2020, in order to provide several categories of plant-based meat balls products such as Tyson Boneless Thigh Wings, Sysco Classic Fully Cooked Chicken Skewers, Sysco Classic Sous Vide Sirloin Steak, and others. Zhenmeat has launched their diverse range of plant-based meatballs products such as beef patty, steak, pork loin, crayfish and dumplings, and others.

Recently Subway has announced their exciting partnership like exclusive Halo Top Creamery® hand-spun milkshakes and fresh-baked King’s Hawaiian® bread.

As the global plant-based meatballs market is expanding steadily, the competition is expected to become tougher in the near future.

More Valuable Insights on Plant-Based Meatballs Market

In the latest report by Future Market Insights, we offer a thorough unbiased analysis of the global plant-based meatballs market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (plant based chicken, plant based beef, plant based pork), source (soy-based protein, wheat-based protein, pea-based protein, canola-based protein, fava-bean based protein, potato-based protein, rice-based protein, lentil-based protein, flax-based protein, chia-based protein, corn-based protein), distribution channel (hypermarkets/supermarkets, convenience stores, specialty food stores, online retail, HoReCA), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

About Food Market Division at FMI

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

Plant Based Hot Dogs Market Industry Analysis, Share, Growth, Trend and Top Key Players –Quorn Foods, Morningstar Farms, Daring Foods, Yves Veggie Cuisine

Global plant-based hot dog sales grew by over 20% in 2020, signaling that years of steadily building consumer awareness is shifting market dynamics in a segment traditionally dominated by meat-lovers. The newfound commercial success has led to a scramble, with conglomerates, as well as niche manufacturers vying for a pie of the market. In its expansive new study, Future Market Insights’ offers a holistic, yet detailed analysis on how growth will unfold through 2030.

plant based hot dogs market

The study opines that novel technological developments are being considered to streamline plant-based hot dog production processes. Immense opportunities abound in precision fermentation techniques for the extraction of plant-based proteins. For instance, Impossible Foods is already producing its signature ‘lehemoglobin’ formulation using this technology.

Key Takeaways

  • Global plant-based hot dog market to surpass US$ 500 million by 2021-end
  • Europe set to capture over 50% revenue share until 2022, South Asia to be fastest growing market
  • Soy-based protein formulations to remain most preferred throughout the assessment period
  • Plant-based beef to retain lucrativeness, pork garnering significant momentum
  • Online sales to witness a prolific upsurge, attributed to shutdowns imposed by COVID-19 pandemic

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“Increasing government support to promote vegan products consumption has attracted manufacturers to lucrative markets, thus broadening scope of the market,” concludes the FMI analyst.

COVID-19 Impact Insights

While sales were already on an upward trajectory, the market for vegan products has catapulted even more since the pandemic’s onset, thus enhancing prospects for plant-based hot dogs in the coming future. Currently, at least 1 out of 50 retail packaged meat sales are plant-based.

As consumers look towards options to boost their immunity, consumption of plant-based diets have witnessed a substantial surge. Markets across the U.S, India and China are especially experiencing this increase as they are amongst the most affected countries by the novel coronavirus.

Besides the voluntary shift towards plant-based alternatives, market players are also looking to strengthen existing supply chains so as to offset any possible price shocks which may occur amid fears of a second wave of infections.

Competitive Landscape

Prominent players in the global plant-based hot dog market include Quorn Foods, Morningstar Farms, Daring Foods, Yves Veggie Cuisine, Gardein, Ingredion Inc., Glanbia Plc., Beyond Meat Inc., Nestle SA, Archer Daniels Midland Company, Cargill Incorporated, and Roquette Frères S.A., among others.

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The aforementioned players rely largely on new product launches and strategic collaborations with prominent players, owing to the highly competitive nature of the market. In addition, these players are actively aiding government bodies in promoting vegan products and designing policies promoting the same.

More Insights on FMI’s Plant-based Hot Dog Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global Plant-based hot dog market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the Plant-based hot dog market on the basis of product type (Plant-based chicken, Plant-based beef, and Plant-based pork), source (soy-based protein, wheat-based protein, pea-based protein, canola-based protein, fava-bean based protein, potato-based protein, rice-based protein, lentil-based protein, flax-based protein, chia-based protein, and corn-based protein) and distribution channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Food Stores, Online Retail, and HoReCA) across seven prominent regions.

About Food Market Division at FMI

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

Motorcycle Lead Acid Battery Market is projected expand at a CAGR of 5.6% during forecast period of 2019-2027

Primarily used in motorcycles, absorbent glass mat (AGM) batteries are gaining significant traction in the global market due to their properties such as swift recharge and high voltage capability.

Motorcycles are experiencing a significant surge in demand in regions such as North America and Europe, while Asia Pacific has always been a region with high demand. As such, the demand for motorcycle lead acid batteries such as AGM is expected to rapidly increase over the forecast period. The global motorcycle lead acid battery market is projected expand at a CAGR of 5.6% during the forecast period of 2019-2027.

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Key Takeaways of Motorcycle Lead Acid Battery Study

  • Increasing electrification and modification in motorcycles has driven the requirement for more powerful batteries. This has led to increasing preference for AGM batteries in Europe and North America.
  • Increasing production of electric motorcycles and rising number of motorcycles are driving new orders and contracts related to lead acid batteries.
  • With improvements in the economy, automobile sales are booming, which is boding well for the SLI (starting, lighting, and ignition) lead acid batteries, since these are the preferred choice for powering internal combustion engine-based automobiles.
  • Since the motorcycle lead acid battery market is demand-driven, growth depends on customer preferences and sentiments across all regions. India, China, and South East Asian countries are expected to hold major market share in the coming years.
  • Lead acid battery technology is facing stiff competition from alternative technologies that are being inculcated in batteries, such as lithium ion (Li-ion), zinc-air, and nickel metal hydride (Ni-MH).

The APAC motorcycle lead acid battery market is expected to offer the most opportunities, owing to increasing demand for motorcycles in countries such as China and India. Moreover, motorcycles are expected to be extensively utilized as a transport option across Africa, boosting the demand for motorcycle lead acid batteries at a rapid pace in the region.

Competitive Landscape

Key players involved in the motorcycle lead acid battery market include Bosch Limited, Banner Battery, Dynavolt Renewable Energy Technology Co., Ltd., Leoch International Technology Limited Inc., Chaowei Power, Deltran Battery Tender, Southern Batteries Pvt. Ltd., and Camel Group Co., Ltd. among others.

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MOTORCYCLE LEAD ACID BATTERY MARKET TAXONOMY

Motorcycle Lead Acid Battery Market: Segmentation

Vehicle Type

  • Motorcycles
  • Scooters

Sales Channel

  • OEMs
  • Aftermarket

Region

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

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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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Juice Concentrate Market by 2022Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

In a newly published report, Future Market Insights (FMI) has provided an exhaustive analysis of the juice concentrate market. The study estimates global juice concentrate market to hit a multi-billion-dollar valuation by 2020-end.

Juice concentrate manufacturers are leveraging rapidly growing consumer interest in natural and organic foods and beverages to expand their product portfolios. Juice concentrate products are often processed to maintain nutrient levels and to bolster shelf life. Filtration, pasteurization, and evaporation processes in addition to reduced space requirements for logistics are likely to aid market developments in the near future.

The growing cases of lifestyle-based ailments such as obesity, diabetes, and cardiovascular disease in addition to increasing health awareness among consumers is also bolstering the use of juice concentrate as a substitute for sugar in a number of food and beverage formulations. Increased consumption of functional and ready-to-drink beverages also contribute to uptake in the industry.

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Key Takeaways from FMI’s Juice Concentrate Market Report

  • Global juice concentrate market to grow at a healthy CAGR through 2030.
  • Asia Pacific to reflect strong growth rate, North America to hold lead in short term market prospects.
  • Fruit based concentrates to witness relatively higher sales, driven by the demand in functional food and beverage production, and stockpiling behavior by consumers during the covid-19 outbreak.
  • Leading players are exploring flavor and nutrition combinations in concentrate formulations to appeal to a wider consumer base.
  • Cosmetics and personal care application to witness growth owing to demand for demand for clean label formulations.

“Beverage manufacturers are making use of juice concentrates from sources such as grapes, guavas and apples, in alcoholic beverage formulations including spirits, ciders, and beer, with the aim of reducing weight and volume of beverage formulations, creating lucrative opportunities for market players in the long term,” said an FMI analyst.

Covid-19 Impact Insights

The covid-19 pandemic has generated lucrative opportunities for the juice concentrate market players. Food and beverage manufacturers are focused on the development and sales of immunity-boosting products, as consumers seek healthy options for in-home consumption. Demand is likely to continue growing even as restrictions are gradually imposed by government bodies.

Despite the economic disturbances created by the pandemic, the demand for ready-to-eat and ready-to-drink foods and beverages will remain strong. On the other hand, lockdown restrictions on the food service industry could hold back short-term prospects to an extent, influencing the requirements for juice concentrates in the near future.

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Competitive Landscape

Major players in the juice concentrate market include Carotex Flavors, Citromax, Iprona SpA, Louis Dreyfus Company, The Ciatti Company, Kanegrade Ltd., SkyPeople Fruit Juice Inc., Bell Flavors & Fragrances, SVZ International B.V., AGRANA Investment Corp., FruitSmart, Sudzucker AG, Ingredion Inc. and Northwest Naturals LLC.

Expansion of product portfolios, with new product launches, in addition to strategic mergers and acquisitions are some of the more prominent strategies employed by companies to consolidate their position in the juice concentrate market.

In June 2020, Vie-Del announced the acquisition of Constellation Brand’s grape juice concentrate business including the MegaNatural product line to expand on its production capacities.

In September 2020 Milne Fruit Products Inc. announced the acquisition of Valley Processing including assets of juice and puree production, and cold storage facilities in Sunnyside Washington.

Also, Florida Food Products has revealed the acquisition of Amelia Bay LLC in August 2020, which will bolster the company’s position in terms of clean label ingredients including juice concentrates for the health are wellness market.

More Valuable Insights on the Juice Concentrate Market

In its latest report, Future Market Insights has provided a detailed analysis of the global juice concentrate market, with scrutiny on the basis of historical demand in the period 2015 – 2019, and data on forecast for 2020 to 2030. The report encompasses growth projections on the juice concentrate market in terms of product type (vegetables and fruits), form (powder and liquid), and end use (food & beverage, dietary supplements, cosmetics & personal care industry, and others), across seven key regions.

About Food Market Division at FMI

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

Dairy Ingredients Market Regional Industry Segmentation, Analysis By Production, Consumption, Revenue And Growth Rate By 2030

The global dairy ingredients market has expanded significantly since the beginning of 2020, owing to increasing milk products consumption amid heightened concerns over immunity enhancement to counter the novel coronavirus pandemic. Characterized as an essential service, milk production has witnessed a record increase, prompting manufacturers to augment their presence in key geographies.

In its recently published report, ESOMAR-certified Future Market Insights (FMI) offers an exhaustive yet unbiased analysis of the dairy ingredients market, and takes into account the key dynamics responsible for the projected growth trajectory through 2030.

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Key Takeaways

  • Emerging economies in the Asia-Pacific, specifically India & China to generate immense green spaces
  • Milk proteins segment to expand at a noteworthy rate, owing to increased adoption of whey and casein proteins to manufacture dairy products
  • Bakery and confectionery to remain principal application area through 2030
  • E-commerce sales channels acquiring popularity amid the COVID-19 outbreak
  • Livestock-sourced dairy products to remain dominant, owing to high bovine milk consumption

“Market players are emphasizing on forging strategic alliances with government owned milk co-operatives and milk distribution grids so as to expand their product outreach and deepen penetration,” remarks the FMI analyst.

COVID-19 Impact Insights

The COVID-19 pandemic has escalated sales of dairy ingredient products worldwide. As more consumers drift towards consumption of dairy products owing to perceived nutritional benefits, sales have proliferated credibly in recent months.

Although, the initial months of the pandemic reported a significant downswing due to the imposition of stringent lockdowns. Beverage giant Yakult, for instance, reported a significant drop in sales in the first two months of the pandemic crisis, to the tune of 10% in February.

Fortunately, countries have realized the importance of keeping the industry afloat and are taking steps to mitigate the adverse impact of the pandemic. For example, the Indian government has slashed the goods & services tax (GST) on ghee and milk fat from 12% to 5%.

On similar lines, the Trump Administration announced a US$ 15.5 billion bailout package for the U.S dairy industry. It went a step further by purchasing milk and converting it into commodities which could then be used as global humanitarian aid.

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Competitive Landscape

The global dairy ingredients market is characterized by the presence of numerous manufacturers, rendering the market competitive in nature. Prominent players in the landscape include AMCO Proteins, Fonterra Co-operative Group, Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), Meiji Holdings Co. Ltd, Nestle S.A, Kerry Group and Ingredia SA among others.

In September 2020, Fonterra Co-operative Group’s Australian division signed an agreement to acquire Dairy Country with the objective of strengthening the former’s AU$ 2.6 billion retail cheese business portfolio. The acquisition was undertaken for AU$ 19.23 million.

In 2017, Nestle Group announced the launch of its MILO cocoa-malt beverage in the Indian sub-continent, which was realized in 2019. This launch has helped Indian consumers have enhanced doses of essential micronutrients such as Vitamins B2, B3, B6, B12, C and D respectively.

More Insights on FMI’s Global Dairy Ingredients Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global dairy ingredients market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the global dairy ingredients market on the basis of type (proteins, milk powder, milk fat concentrates, lactose & its derivatives and other types), livestock (livestock and other stock), application (bakery & confectionery, dairy products, sports nutrition products, infant formulas and other applications) and distribution channel (e-commerce, specialty retailers, supermarket & hypermarket and others) across six prominent regions.

About Food Market Division at FMI

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

Algae Fats Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2030

Applications of algal fats in food and beverage, biofuel, and animal feed sectors are key factors that are likely to positively influence market developments. Algae fat products are widely used in dietary supplements for key nutrients such as omega-3. Niche applications in pharmaceuticals are also likely to aid market players in the long-term.

Rising levels of health awareness among consumers, and growing preference for vegan and vegetarian nutritional sources is bolstering the growth of the algal fats market. Environmental concerns and depletion of fossil fuel reserves are likely to benefit the industry.

Key Takeaways from the Algae Fats Market Study

  • Global algae fats market to grow at a healthy CAGR through 2030.
  • East Asia to reflect strong growth rate, Europe to hold lead in market prospects for the assessment period.
  • Algae fats for feed grade variants will witness relatively higher sales, driven by innovations in customized formulations for animal nutritional products.
  • Major players are investing in improvements for supply and distribution chains to consolidate regional presence.
  • Food and beverage applications, pertaining largely to edible oils will gain traction owing to demand for demand for healthier ingredients.

“Algae fats are natural sources of antioxidants, omega-3 fatty acids, and protein, which is a key factor driving adoption as dietary supplement ingredients. As a result, algae fats are gaining significant traction among health-conscious consumers across the globe,” said an FMI analyst.

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Covid-19 Impact Insights

The covid-19 impact is likely to generate lucrative opportunities for growth in the algae fats market. Lockdown restrictions on algae cultivation industries, and supply chains are key short-term concerns during the crisis. Applications in the dietary supplement sector in offerings for home-consumption, is likely to gain ground.

Demand is likely to continue rising through 2030, despite the threat of the virus on the global economy. Also, the market is likely to display steady growth even post pandemic, supported by increasing levels of health awareness among consumers and health care practitioners, positively influencing demand for the foreseeable future.

Algae Fats Market- Report Scope

Attribute Details
Forecast Period 2020-2030
Historical Data Available for 2015-2019
Market Analysis US$ Mn for Value and 000’ Tons for Volume
Key Regions Covered North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Pacific
Key Countries Covered U.S., Canada, Brazil, Mexico, Germany, U.K, France, Spain, Italy, China, India, Japan, South Korea, Indonesia, Malaysia, Singapore, Australia, New Zealand, South Africa, Israel, and GCC
Key Segments Covered Type, Application, Distribution Channel, and Region
Key Companies Profiled BASF SE, Stepan Company, Polaris, Archer Daniels Midland Company, Cellana Inc., Lonza Group AG, Bunge, Corbion Biotech, Cyanotech, DSM, Algae Floating Systems, Algix, Algae Production Systems, Bioprocess Algae, Cargill Inc., Evonik Industries AG, Guangdong Runke Bioengineering Co., Simris ALG AB, Novosana Co Ltd, and Thrive Algae.
Report Coverage Market Overview, Key Trends, Success Factors, COVID-19 Impact Analysis, Demand Analysis, Segmental Overview, Regional Profiling. Market Structure Analysis & Competition Analysis
Customization & Pricing Available upon Request 

Participants in the algae fats market are largely focused on investments into research and development to widen the scope of applications for algae fats. Also, strategic collaborations towards product development and capacity expansions are likely to find importance during the forecast period.

IKEA, under its Space10 initiative has revealed efforts towards the development of dishes with unconventional ingredients, including algae fats, insects and meat substitutes among others, in line with the company’s sustainability strategies.

Unilever has partnered with Algenuity, a biotech startup towards investing in research for new food products incorporating microalgae as a key ingredient for sustainable sources of fats and nutrition, aimed for the commercial market.

Yemoja, a start-up based in Israel has unveiled a new cultivation platform for growing and harvesting algae at commercial scales with photobioreactor technologies. The company has announced plans to develop and produce varied products from the harvest.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12778

More Valuable Insights on the Algae Fats Market

In a new report, Future Market Insights has given a detailed analysis of the global algae fats market with detailed analysis in terms of historical demand between 2015 and 2019. In addition, the report provides forecast data for the period from 2020 to 2030. The study covers projections of growth for the algae fats market on the basis of type (food grade and feed grade), application (biofuel, dietary supplements, and animal feed), and distribution channels (e-commerce, specialty retailers, supermarket/hypermarket, and others), across 6 key regions.

About Food Market Division at FMI

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

Plant-based Sausages Market Poised to Expand at a Robust Pace | FMI

Growing importance of plant-based food products is attracting attention of numerous large-scale multinational corporations, as well as encouraging the establishment of numerous start-up companies. Consequently, the market is interspersed with numerous product launches.

With the global vegan population comprising 8% of the whole world, plant-based sausage players are optimistic about a bright future ahead. Existing players are looking to replenish their existing inventory to cater to the ever increasing demand. Examples include Beyond Meat’s Breakfast Sausages and Smithfield’s Pure Farmland products.

plantbased sausages market

Key Takeaways

  • Global plant-based sausages market to experience a staggering 26.5% CAGR through 2028
  • Plant-based pork sausages to be most widely consumed, generating over 40% of the revenue share by 2020-end
  • Soy-based proteins to remain most preferred protein source across the forecast period
  • Online sales of plant-based sausages to register astronomical surge, attributed to increased reliance on e-commerce channels amid the COVID-19 pandemic
  • Europe to remain the dominant market, expected to account for over 2 out of 5 sales followed by North America

“Manufacturers are concentrating on continuous product launches in the wake of growing interest by large corporations in the ever expanding veganism trends prevailing across consumer eating habits,” comments the FMI analyst.

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COVID-19 Impact Analysis

The plant-based sausages market is poised to acquire spectacular gains during the pandemic crisis, attributed in large part to shifting consumption patterns. Preference for plant-based foodstuffs to maintain immunity is currently driving market growth.

Imposition of lockdowns have dramatically altered consumer food priorities since the onset of COVID-19. In the United Kingdom, for instance, over 12% of the consumers, out of which a quarter comprise young millennials, are significantly attracted towards a vegan diet.

As the pandemic continues impacting global food supply chains, significant efforts have been made to make food production and supply flexible and fluid to mitigate possible disruptions. Even in the post-pandemic scenario, demand for vegan products will continue sustaining the plant-based sausages market in the long run.

Competitive Landscape

Prominent players in the plant-based sausages market include Smithfield Foods, Beyond Meat Inc., Nestle S.A., Tyson Foods, Whole Foods, Amy’s Kitchen Inc., Tofurky, Field Roast, Lightlife Foods Inc., Moving Mountain and The Meatless Farm Co. among others.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12777

The aforementioned players concentrate on enhancing their portfolios by introducing innovative products as well as entering into strategic alliances to consolidate their presence. For instance, Nestle Food’s Purina brand unveiled its fava-derived protein foods for pets in November 2020.

Similarly, in 2019, Tyson Foods unveiled its Raised and Rooted® plant-based and blended products line with the objective of expanding its protein based offerings. The company also announced to expand its existing production capacities in November 2020 by inaugurating new facilities in China and Thailand.

In October 2020, Lightlife Foods Inc. successfully inked a partnership deal with Bowlero Corp to supply its plant-based burgers across the latter’s cafeteria menus. The company is also expected to sponsor the 2020 Go Bowling! Tour Fall Swing.

About Food Market Division at FMI

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