Plant Based Protein Market Outlook On Emerging Application, Revolutionary Trends & Potential Growth Strategies 2032

The global plant-based protein market enjoyed a year-on-year (YOY) growth of 6.7% in 2021 to total sales of USD 11.3 Bn and is projected to surpass USD 22.5 Bn in 2032 at a CAGR of 7.2%, according to a market analysis performed by Future Market Insights.

Increasing productivity in the food and beverage sector will provide an array of opportunities to the plant-based protein market. Based on product type, the global plant-based protein market is segmented into soy, wheat, pea, potato, rice, canola, corn, and others, among them the soy protein segment is estimated to represent the largest share in the global plant-based protein market.

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.

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Demand for Preventative Healthcare, Especially Due to Recent Outbreak of Deadly Viruses to boost growth

Majority of the population is health conscious and aware of the benefits of preventive healthcare. Various magazines and online forums such as Livestrong.com, bodybuilding.com, Men’s Health magazines, and Shape magazine, offer diet and lifestyle information, and provide regular updates in this regard. Similarly, manufacturers of natural ingredient-based protein are promoting various products using various channels such online portals, magazines, and marketing campaigns to improve demand for plant-protein enriched products.

These strategies of players primarily focus on new products development and enhanced safety, effectiveness and primarily health benefits such as the ability to lower cholesterol, lower body weight, and lower blood pressure levels. This is expected to aid in market growth in the region.

Also consumers have become increasingly conscious about the food they eat. Rumors linking coronavirus with consumption of meat and meat protein are likely to influence their perception regarding food they eat. As a result of this, the demand for plant-based protein is likely to surge in the coming years.

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.

These market players have a strong networked and secure clientele with main focus on increasing its product offering and portfolio with complete solutions to its customers including production, formulation of blend, packaging and transportation as well.

In addition to this, market players are more into mergers and acquisition to improve their product offering. Companies intend to expand their regional footprint through strategic collaborations.

  • In February 2017, Glambia Plc acquired two companies — Body & Fit and Grass Advantage LLC protein ingredient manufacturers in the U.S. and Netherlands respectively. Both the company have a strong tactical fit with Glanbia’s Performance Nutrition (GPN) division and will prolong its reach to wider channels and new consumers.
  •  In August 2017, Archer Daniels Midland Company expanded its line of plant-based functional extracts by including an antioxidant blend, green tea, and acerola for application in a wide variety of food, drinks, and supplement applications
  • In March 2017, Cargill started production of pea protein ingredients through partnership with World Food Processing, which is a multi-generation, family-owned business based in Oskaloosa, U.S., that has developed non-bioengineered/non-GMO pea seed varieties to minimize off-flavors

PLANT-BASED PROTEIN MARKET SEGMENTATION

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

Region:

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

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Key Questions Answered in the Report

How much is the plant-based protein market currently worth?

Currently plant-based protein market is worth more than USD 11.3 bn.

At what CAGR is the market expected to grow?

Plant-based protein consumption is expected to grow at a CAGR of around 7.2% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, plant-based protein grew at a CAGR of around 6.7% during 2017-2021.

What are the key trends boosting Plant-based protein sales?

Organic characteristics of plant-based protein, increasing demand for good quality protein-rich food, and aggressive social media marketing by plant protein producers are boosting the plant-based protein market.

How are market players reacting to the new developments in the market?

Market players are opting for technological advancement, new product developments, and dynamic marketing.

Which is the largest segment by type?

The soy protein segment is the largest plant-based protein segment by type.

At what level does the report reflect pricing analysis?

The report presents a detailed cost analysis of plant-based protein based on nature i.e. organic and conventional.

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.

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Food Diagnostics Market Top Companies, Business Insights, Growth, Share, Size, Trends, Sales, Revenue, Forecast and Detailed Analysis

Global Food Diagnostics Services Market estimated value was at US$ 14.8 Bn in 2022 and is projected to reach US$ 21.6 Bn by the end 2032. Newly released data for Global Food Diagnostics Services Market Analysis shows that global demand for food test kits enjoyed year-on-year (YoY) growth of 11% in 2021. It holds 21% of the Food Diagnostics Services Market and is expected to witness a prominent growth rate of 7.2% by 2032.

According to Future Market Insights analysis, Randox Laboratories Ltd, 3M Company, Neogen Corporation, Foss A/S, Thermo Electron Corporation, Fermantes, Danaher Corporation, Biomérieux SA, Merck Kgaa, Beckman Coulter Inc., Thermofisher Scientific Inc., and Perkinelmer Inc are identified as key food diagnostics brands.

Revenue for food diagnostic service segment grew by 14% during the period 2017-2021. The Demand for consumables segment increased 19% between 2020 and 2021, giving the combined Food Diagnostics Services Market a year-over-year growth of 5.7% in 2021, according to the FMI report.

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It includes in-depth insights into the food diagnostics services market. Some of these are:

  • The estimated value of the food diagnostics market was at US$ 12.5 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • During the forecast period, the safety segment is expected to rise at the highest rate by type of test.
  • The rising prevalence of foodborne illness, food adulteration and an increase in food allergens has resulted in many food recall incidences.
  • Growing customer concerns about food safety can have a positive effect on the global market for food diagnostics services systems.
  • Food trade globalization also opens the door to new growth opportunities worldwide and is expected to improve the global demand for food diagnostics services in the coming years.
  • The market is further driven by the involvement of major food diagnostics services companies are continuously investing and collaborating for the development of better and faster testing technologies, to aid adherence to various food safety regulations.

Eating & Shopping Habits Will Alter Growth Due to COVID-19 Outbreak

This pandemic will lead to certain shifts in consumer behavior and eating habits. Increasing population along with rising economic standards has led to increase in food service spending. Contrary to the aforementioned forecasts, however, the market can head to tough waters.

Coronavirus outbreak greatly affected buyers’ consumption habits. They are unlikely to purchase goods imposed around various nations amid lockdowns. This would have an invariable effect on business growth forecasts.

Who is Winning?

Major players in the global food diagnostics services systems market are Beckman Coulter Inc., Randox Laboratories Ltd., Biocontrol Systems Inc., E. I. Du Pont De Nemours and Company, Thermofisher Scientific Inc., Perkinelmer Inc., Thermo Electron Corporation, Fermantes, and 3M Company. Other key players include Omega Diagnostic Group Plc., VWR International, Bio-Rad Laboratories Inc., Merck Kgaa, Biomérieux SA, Danaher Corporation, Neogen Corporation, and Foss A/S.

Such players have wide market reach and high organizational and financial strength; in the recent past they have evolved organically and inorganically. Various businesses concentrate on methods for sustainable development, such as product launches, product approvals and others, such as patents and events. Activities observed in the market were inorganic growth approaches, acquisitions, and partnership & partnerships.

Such practices have paved the way for market players to grow their business presence and customer base. With the growing demand for food diagnostics services on the global premium, premium payers from the food diagnostics services industry are expected to see lucrative growth opportunities in the future.

Segments Covered in Food Diagnostics Services Market Analysis

Product Type:

  • Systems
  • Test Kits
  • Consumables

Testing Type:

  • Safety
  • Quality

Food Tested:

  • Meat, Poultry & Seafood
  • Salad Dressing
  • Processed Food
  • Dairy Products
  • Fruits & Vegetables
  • Cereals, Grains & Pulses
  • Nuts, Seeds & Spices
  • Others

Region:

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

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Key Questions Answered in the Report

How much is the current worth of Food Diagnostics Services Market?

Currently Food Diagnostics Services Market is worth more than USD 14.8 Bn.

At what CAGR is the market expected to grow?

Food Diagnostics Services Market consumption is expected to grow at a CAGR of around 7.4% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, Food Diagnostics Services Market grew at a CAGR of around 7.2% during 2017-2021

What is the demand outlook forecast for the Food Diagnostics Services Market?

The global Food Diagnostics Services Market is forecasted to surpass USD 21.6 Bn by the end of 2032.

Who are the top 5 players operating in the market?

Randox Laboratories Ltd, 3M Company, Neogen Corporation, Foss A/S, Thermo Electron Corporation, Fermantes, Danaher Corporation, Biomérieux SA, Merck Kgaa, Beckman Coulter Inc., Thermofisher Scientific Inc., and Perkinelmer Inc are expected to be the top players driving the market growth.

At what rate will the U.S. Food Diagnostics Services Market grow?

U.S. Food Diagnostics Services Market is projected to grow at a CAGR of around 9% over the next ten years.

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.

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Bottled Water Processing Market 2019 Global Trends, Opportunities, Emerging Technologies and Growth Analysis by Forecast to 2030

The global bottled water processing equipment market size is expected to reach US$ 392.9 Bn by the end of 2020. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.4% CAGR between 2020 and 2030. According to the report, key factor in boosting demand in the bottled water market is the rising health concern arising from the consumption of contaminated water mostly derived from tap water. The lack of safe drinking water readily available to populations, particularly in developing countries, and concerns about contaminated municipal tap water are proposals that have supported the rapid expansion of the bottled water market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

The still water segment is likely to hold the maximum share in the market. The increasing demand for coolers, dispensers, and pumps is pushing the bottled water production. Smaller pack formats of still bottled is currently in high demand in the household sector.

The demand witnessed in restaurants, retail stores and food service chains is expected to rise as well boosting the global bottled water processing equipment market. Recently, the U.S. government as approved bottled water as a packaged food community. This makes it a safe and convenient source of water for consumers.

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It includes in-depth insights into the bottled water processing equipment market. Some of these are:

  • The estimated value of the market was at US$ 211.3 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • The Asia Pacific region is growing fast in terms of bottled water processing equipment market.

China and India are the countries which are leading to business growth. Germany and Italy are the major users of the bottled water in the European region.

  • The main drivers of the Asia-Pacific retail economy include high consumption, changing drinking patterns, bulk water purchases and raising disposable incomes.
  • The global market relies heavily on the technologies and equipment used for bottled water production.
  • High investment in bottled water equipment poses a big obstacle for manufacturers.

Demand will Rise Due to the Stockpiling Behavior Due to COVID-19 Outbreak

While the global COVID-19 crisis continues to grow, and rumors of shortages of bottled water make headlines. Water companies have a deep awareness of the importance of quality water and wastewater services in our everyday lives and during a public health crisis and are committed to taking action to ensure that our water systems work both efficiently and safely. In addition, due to this outbreak and the need to access clean water to support personal hygiene and general public safety, many consumers store their pantries with the extra bottled water.

Who is Winning?

The major market players of the global bottled water processing equipment market include Pall Corporation, Dow Chemical Co., Velocity Equipment Solutions Inc., Liquid Packaging Solutions Inc., General Electric, Seychelles Environmental Technologies, Inc., Norland International Inc. and Axeon Water Technologies. Throughout the bottled water market, manufacturers are gradually capitalizing on public worries regarding the prevalence of chemical pollutants in the drinking water, rendering it unsafe for the population to drink. This can be due to the lack of appropriate legislation to guarantee tap water protection in many communities in developing regions around the world.

BOTTLED WATER PROCESSING EQUIPMENT MARKET TAXONOMY

The global Bottled Water Processing market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Equipment

  • Filter
  • Bottle washer
  • Filler & capper
  • Blow molder
  • Shrink wrapper

Technology

  • RO
  • UF
  • MF
  • Chlorination
  • Washing
  • Filling

Application

  • Flavored water
  • Mineral water
  • Still water
  • Spring water

Region

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

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Key Research Findings

  • Rising issues related to water pollution as a result of hazardous waste disposal in water bodies coupled with the technological advances in bottled water processing equipment will drive the market
  • North America leads the bottled water production market because of the strict regulations imposed by governments to guarantee safer drinking water
  • The Asia-Pacific market is expected to rise at the highest CAGR in the near future as a result of increasing investment in water testing by countries such as India and China
  • High volume intake, bulk sales of water, changing patterns in drinking habits and increasing disposable income are some of the factors driving the bottled water market
  • High energy and maintenance costs serve as a limiting factor in the bottled water processing equipment market
  • The key drivers of the Asia-Pacific retail market include high consumption, changing drinking patterns, bulk water purchases and increasing disposable incomes

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.

Contact Us:                                                      

Future Market Insights
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United Arab Emirates
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Beverages Processing Equipment Market Size, Historical Growth, Analysis, Opportunities And Forecast To 2030

The global beverages processing equipment market size is expected to reach US$ 27.7 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.7% CAGR between 2020 and 2030. The market is anticipated to perform well in the near future owing to increasing awareness regarding processed beverages, and rising demand for ready-to-drink beverages among the population. Filtration systems, equipment type segment is anticipated to grow at the fastest CAGR over the forecast period.

Ready-to-drink beverages have become popular among consumers owing to their busy lifestyles and resulting need to stay hydrated all day. The rising demand for clean, gluten-free, low-calorie and low-carbon foods has led to the rise in demand for non-carbonated in the food industry.

Consumers are becoming health conscious due to which the consumption of low-calorie and nutritious beverages such as fruit juices has increased. In Asia-Pacific and Latin America as well consumers are likely to follow this trend and exhibit high demand for low-calorie drinks in the years to come. This would fuel the demand for non-carbonated drinks. Dynamic beverage manufacturing equipment market.

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It includes in-depth insights into the beverages processing equipment market. Some of these are:

  • The estimated value of the market was at US$ 17.5 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Asia Pacific account for leading share in the demand for beverage processing equipment, whereas North America and Europe, screening lucrative long-term growth over the years.
  • Asia Pacific countries are like India, China, ASEAN countries posses’ excellent growth opportunity for the beverage processing equipment owing to increasing flavour inspiration and rising disposable income.
  • High capital costs and complex manufacturing processes for beverage processing equipment are the key factors that hinder industry growth.
  • Companies are growing the output potential and adding market capture automation to the machines.

COVID-19 Outbreak Crisis will Impact Consumption Pattern

Due to the outbreak of the pandemic coronavirus, sales of alcohol and fresh foods on e-commerce in have surged during the COVID-19 epidemic, with market analysts predicting that the changes in consumer buying habits are here to stay. Customer habits shifted during this time to concentrate on safety and hygiene, while in the aftermath of lockdowns, they switched to e-commerce for alcohol, fresh food and even dairy.

Because COVID-19 is spreading through continents without signs of slowing down, the effects and patterns resulting from changes in consumer behaviour will also be evident in other crisis countries. Total consumption of alcoholic drinks wouldn’t change much during economic downturns, sales of beer and wine would increase and sales of liquors would decrease. Budget demand for mid-priced drinks would increase, while demand for high-end super-premium for ultra-premium alcoholic beverages would decrease. The pattern of delivery will change drastically though.

Who is Winning?

The beverages processing equipment market consists of numerous players. Few of them are GEA, Tetra Laval, Alfa Laval, Krones Group, Bucher Industries, SPX Flow, JBT Corporation, KHS GmbH, Pentair, and Praj Industries.

The growing rivalry among the vendors makes it difficult for the emerging players to compete with the leaders based on quality, technology and pricing in particular. Therefore, the manufacturers bring creative ideas and introduce better technology to achieve a competitive edge over their rivals.

BEVERAGE PROCESSING EQUIPMENT MARKET TAXONOMY

The global Beverage Processing Equipment market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Beverage Type

  • Carbonated Beverages
  • Non-carbonated Beverages
  • Alcoholic Beverages
  • Dairy Based Beverages
  • Processed Water

Equipment Type

  • Brewery
  • Filtration
  • Carbonation
  • Sugar Dissolvers
  • Blenders & Mixtures
  • Heat exchangers

Region

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

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KEY RESEARCH FINDINGS

  • Beverages processing equipment help in turning ingredients such as raw fruits or vegetables into drinks
  • The increase in consumer spending on fast-moving consumer products, such as soft drinks, beer and nutritious beverages, is aiding expansion of the beverage processing equipment market
  • The overall demand for beverage processing equipment in Europe is projected to increase at a moderate pace
  • Increasing alcoholic beverage consumption, coupled with growing popularity for craft beer and social acceptance in developed and developing countries are the key factors expected to drive the global market for beverage processing equipment
  • The North America market is estimated exhibit higher sales and is projected to dominate the global beverage manufacturing equipment 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.

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com

Beverage Flavoring Market– Notable Developments, Upcoming Trends & Future Applications 2032

The global beverage flavoring market analysis by Future Market Insights shows that global consumption of beverage flavoring systems enjoyed a year-on-year (YOY) growth of 5.2% in 2021 to total sales of USD 4.5 bn, and is estimated to reach USD 7.8 bn in 2032 at a CAGR of 5.7%. The Asia Pacific market is projected to expand significantly due to the rapid growth of the food and beverage market.

Growing demand for packaged juices, sports drinks, and energy drinks is expected to further fuel demand for drink-flavored systems.

A beverage flavoring system is a combination of various ingredients such as flavoring agents, flavor enhancers, flavor carriers, emulsifiers, preservatives, and stabilizers among others. These ingredients improve the flavor or taste of alcoholic and non-alcoholic beverages.

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It includes in-depth insights into the beverage flavoring market. Some of these are:

  • The estimated value of the market was at US$ 4,021.0 Mn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, South Asia and East Asia emerged as a key market for beverage flavoring market.
  • Europe and North America will remain stable as key markets for beverage flavoring.
  • Artificial category is expected to remain dominant in terms of type.
  • Key players are likely to focus on product innovations to stay relevant in developed markets.

Rising Demand for Citrus Flavors Amidst Spread of Coronavirus to Boost Growth Prospects

Citrus has persistently remained one of the most popular choices in beverage flavor for drinks/beverages. It provides a wide range of taste and tones as compared to any other fruit flavor categories. Citrus flavors are accepted more in the beverage industry than other flavors and are constantly one of the most preferred flavors for sweet food and beverage products across the globe. Citrus flavors are widely preferred by the younger consumer group including Gen Z, and millennials, and also preferred by older consumer groups. The most commonly used citrus flavors are lime, lemon, and orange. The rising demand for citrus flavors is anticipated to boost the growth of beverage flavorings market.

Experts have revealed that the demand for citrus flavors obtained from natural resources will rise in the coming years. The recent spread of coronavirus outbreak has rendered consumers more cautious about their food and beverage choices. Besides this, the rising awareness about vitamin C present in citrus food will bode well for the beverage flavoring market. Vitamin C is believed to strengthen immune system in human. This is likely to fuel the demand for citrus flavors, in turn enabling growth in the market.

Who is Winning?

Some of the key players operating in the beverage flavorings market are Givaudan, International Flavors & Fragrances, Sensient Technologies, Takasago International Corporation, Symrise, Firmenich, Mane, Dohler, and Robertet SA among others.

Due to the increasing competition, some of the leading manufacturers of beverage flavors are concentrating on their product range development in the global market along with ensuring technical developments in the production process. Their growth approaches are further sustained by agreements with local/ regional producers across the emerging market. These companies are mainly focusing on catering to shifting consumer inclination across numerous applications.

Furthermore, mergers and acquisition persist as common approach among these players. Manufacturers intend to progress their regional manufacturing units by strategic partnerships.

GLOBAL BEVERAGE FLAVORING MARKET TAXONOMY

The global Beverage Flavoring Market is segmented in detail to cover every aspect of the Market and present complete Market intelligence to readers.

Food Flavors

  • Chocolate & brown flavors
  • Vanilla
  • Fruits & nuts
  • Dairy
  • Spices
  • Others (honey, mint, and vegetables)

Application

  • Beverages
  • Dairy products
  • Confectionery products
  • Bakery products
  • Meat products
  • Savory & snacks
  • Frozen products

Form

  • Liquid
  • Dry

Origin

  • Natural
  • Artificial

Region

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

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Key Questions Answered in the Report

How much is the beverage flavoring market current worth?

Currently, the beverage flavoring market is worth more than USD 4.5 bn.

At what CAGR is the market expected to grow?

Beverage flavoring consumption is expected to grow at a CAGR of around 5.7% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, beverage flavoring grew at a CAGR of around 5.2% during 2017-2021.

What are the key trends boosting Beverage flavoring sales?

The launch of advanced technologies in flavor processing, the favorable regulatory environment for fortified products, increasing consumer inclination toward clean-label and organic products, and growing demand for a variety of innovative flavors in soft drinks is boosting beverage flavoring sales.

How are market players reacting to the new developments in the market?

Market players are opting for technological advancement, new product launches, and spreading their geographic boundaries.

Which are the major countries driving demand for beverage flavoring?

US, France, UK, Germany, Japan, and China are the major countries driving demand for beverage flavoring systems.

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.

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com

Proanthocyanidins Market Potential Growth, Share, Demand And Analysis Of Key Players Analysis Forecasts To 2030

The global proanthocyanidins market size is expected to reach US$ 372.41 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.4% CAGR between 2020 and 2030. According to the report, the increased incidence and prevalence of lifestyle-related diseases like diabetes and cardiovascular disorders have strengthened the need for proanthocyanidine supplements. The increasing demand for anti-cancer food products in populations around the world also drives the industry for foodstuffs rich in proanthocyanidin. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Proanthocyanidins are reduced tannins with several pharmacological functions. They are considered as phytochemicals that have defence and offense molecules that offer several health benefits. The proanthocyanidins have several health beneficial properties that are antioxidant, antidiabetic, anticancer, antimicrobial, and neuroprotective.

Due to this they have a multitude of uses in pharmaceuticals and nutraceutical industries. The food processing waste and agricultural wastes contain huge proanthocyanidins amount that can be a viable source for functional ingredients and dietary supplements.

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It includes in-depth insights into the proanthocyanidins market. Some of these are:

  • The estimated value of the market was at US$ 200 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • North America has experienced a significant rise in the percentage of ageing population which has increased the consumption of healthy food, and growing demand for pharmaceuticals are the major factors driving the market growth in the region.
  •  United States holds major share in the region owing to substantial increase in the demand for proanthocyanidins as dietary supplements.
  • The rising incidence and prevalence of lifestyle related diseases such as diabetes and cardiovascular conditions has been bolstering the demand for supplements containing proanthocyanidins.
  • The rising demand for food products with anti-cancer properties in populations across the world is also fueling the demand for proanthocyanidin-rich food products.
  • In terms of source, the type A segment will hold the larger percentage of share in the market. It is also expected to show impressive growth over the forecast period.

Despite Rising Prevalence for Dietary Supplements, Change in Buying Pattern Due to COVID-19 Outbreak will Impact Growth

Due to increase in lifestyle-related diseases, people are opting for healthier lifestyle and food. Proanthocyanidins protect and reduce the oxidative damage caused by free radicals in the body; it also helps in preventing heart-related diseases as many studies have shown that proanthocyanidins reduce blood pressure and improve fat metabolism, moreover, some studies claim proanthocyanidins to have anti-cancer and antitumor activity.

Aversion behaviour of consumers due to COVID-19 outbreak may exacerbate effect on proanthocyanidins consumption. The supply chains are getting disrupted, blockages to transport routes particularly obstructive for the proanthocyanidins supply chains and may also result in increased levels of loss and wastage. On the other hand, panic buying has sparked demand for services to strengthen the supply chain. This has created opportunities for manufacturers.

Who is Winning?

Some of the major players operating in Proanthocyanidins market includes NOW Health Group, Inc., Bio Botanica, Inc., Ocean Spray Cranberries, Inc., IL Health & Beauty Natural Oils Co., Inc., Swanson Health Products, Inc., Atrium Innovations Inc., Skin Actives Scientific and others. High investments by players operating in the market on developing proanthocyanidin products that cater to various applications such as healthcare, skincare etc., are anticipated to drive the market growth in the coming years. Efforts of manufacturers to back nutritional benefit claims through in-vitro studies prove as a strong underpinning to the demand for proanthocyanidins as dietary supplements. However, manufacturers are still grappling with low level of market penetration owing to limited consumer awareness. The rising application of proanthocyanidins in the food and beverages industry is also aiding in the expansion of the market.

Moreover, players operating in the market are investing in R&D to develop products with enhanced benefits fuelling proanthocyanidins market growth.

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PROANTHOCYANIDINS MARKET TAXONOMY

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

Application

  • Food & Beverages
  • Dietary supplements
  • Personal Care & Cosmetics

Source

  • Pine Bark
  • Grape Seed
  • Berries

Distribution Channel

  • Drug and pharmacy store
  • Convenience stores
  • Modern Trade
  • Online retail

Region

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

PROANTHOCYANIDINS MARKET – KEY RESEARCH FINDINGS

  • The global proanthocyanidins market will expand at a CAGR of 6.4% over 2020-2030.
  • The market has noticeable demand from the food industry.
  • Grapes seed remains the preferred source; Cranberry to gain gradual traction.
  • North America is the market front-runners for the proanthocyanidins

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.

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Membrane Filtration Market Outlook, Geographical Segmentation, Industry Size & Share, Analysis to 2032

The global Membrane Filtration Systems Market is estimated to be valued at USD 16.8 billion in 2022 and is projected to reach USD 24.6 billion by 2032, at a CAGR of 6.4% from 2022 to 2032.

Membrane filtration systems are commonly used for wastewater purification and for sterilization, concentration processes, and separation in the food & beverage sectors. Due to the rising awareness among consumers about safety and filtration processes, the demand for membrane filtration systems is increasing.

Additionally, advances in membrane filtration systems technologies, high growth in the dairy industry, and growth in the bio-based pharmaceutical industry, and rapid development in generic production are the key factors that are driving the membrane filtration systems market.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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It Includes In-Depth Insights Into The Membrane Filtration Systems Market. Some Of These Are:

  • The estimated value of the market was at US$ 14.5 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • By application, the water & wastewater segment is projected to account for the largest share in the market.
  • During the forecast period, the segment of tubular systems in the membrane filtration systems market for food and beverages is projected to show faster growth.
  • Asia Pacific is estimated to dominate the market.
  • Increasing strict government regulations for water safety and filtration are major factors expected to drive growth of the global membrane filtration systems market.
  • However, the high flow rates used in cross-flow feed can damage shear sensitive materials is expected to restrain growth of the global membrane filtration systems market. In addition, high equipment cost may hamper the market growth to a certain extent.
  • In terms of membrane material, polymeric and ceramic are two key segments in the market

Despite Focus on Healthy Diet, Change in Consumption Pattern Due to COVID-19 Outbreak Will Impact Growth

Coronavirus outbreak had a considerable impact on consumption pattern of buyers. The focus on health and hygiene products and rise in demand for healthy organic food are indicative of key shifts in consumer behaviour. This will invariably impact growth forecasts for the market. However, top companies in membrane filtration systems market expect supply chain and cash flow disruptions to remain the biggest hurdles even in the post lockdown situation. Following coronavirus outbreak, companies operating in this market are under pressure to deliver products to market in time. These developments could have significant impact on the market.

Who is Winning?

The leading players in the membrane filtration systems market include Porvair Filtration Group, Pentair Plc., Prominent GmbH, SPX Flow, Inc., Veolia, Koch Membrane Systems Inc, 3M Company, Pall Corporation, GEA Group AG, Alfa Laval AB, Suez Water Technologies and Solutions and DowDuPont.

These players are expanding their presence across various geographies and entering new markets in developing regions to expand their customer base and strengthen presence in the market. The companies are also introducing new innovative products in the market to cater to the growing consumer demands.

MEMBRANE FILTRATION SYSTEMS MARKET SEGMENTATION

The global membrane filtration systems market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Application:

  • Water & Wastewater
  • Food & Beverages

Module Design:

  • Spiral Wound
  • Tubular Systems
  • Plate & Frame
  • Hollow Fiber

Membrane material:

  • Polymeric
  • Ceramic

Technique:

  • Reverse Osmosis(RO)
  • Ultra filtration (UF)
  • Microfiltration(MF)
  • Nano filtration(NF)

Region:

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

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Key Questions Answered in the Report

How much is the Membrane Filtration Systems Market current worth?

Currently Membrane Filtration Systems Market is worth more than USD 16.8 Bn.

At what CAGR is the market expected to grow?

Membrane filtration consumption is expected to grow at a CAGR of around 6.4% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, membrane filtration grew at a CAGR of around 5.8% during 2017-2021.

What are the key trends boosting Membrane filtration sales?

Cost reducing characteristics of membrane filtration and increasing demand for good quality membrane filtered food and latest trends boosting the Membrane Filtration Systems Market.

How are market players reacting to the new developments in the market?

Market players are opting for technological advancement, new product developments and production capacity expansion.

Which is the largest segment by technique?

The reverse osmosis segment (RO) held 43% of Membrane Filtration Systems Market in 2021 is the largest membrane filtration segment by technique.

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.

Contact Us:                                                      

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Brewery Equipment Market Size, Share, Future Road map, Technological Innovations & Growth Forecast To 2022-2032

Brewery Equipment market analysis by Future Market Insights shows that global sales of brewery equipment experienced a year-on-year (YOY) growth of 4.8% in 2021 to total sales of USD 18.5 Bn. The global brewery equipment market will surge at a rate of 5.2% in the forecast period to surpass USD 30.7 Bn in revenue in 2032.

The growing popularity of beer crops is expected to propel global demand for brewery equipment over the forecast period. The shift from traditional beer to craft beer has led to a rise in the number of micro-breweries and pubs all over the world, which in turn fuels the demand for brewery equipment. Europe has seen a great shift towards low-alcohol or non-alcoholic beer due to health benefits having an impact on the brewery equipment market in the region.

Rising demand for artisanal craft beer is a crucial driver for the global brewery equipment market growth. Stiff competition from global producers and top players providing cost-effective brewery equipment is a challenge for players operating in the local markets.

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It includes in-depth insights into the brewery equipment market. Some of these are:

  • The estimated value of the market was at US$ 18 Bn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • In North America, rise in consumption of beer and increase in beer processing have propelled the usage of brewery equipment.
  • In Europe, continuous demand for beer is leading to the expansion of breweries by brewers, thus driving demand for brewery equipment.
  • In Asia Pacific, governments of different states are relaxing the rules for setting up breweries, which is likely to help drive the market during the forecast period.
  • South America is also estimated to be an attractive region of the market in the near future.

Consumption Pattern May Change Due to COVID-19 Outbreak will Impact Growth

With interest rates dropping to record lows due to coronavirus outbreak, borrowing costs would be small, but the performance of government attempts to invest heavily on infrastructure will be partly dependent on their current financial status. Growing population and increasing economic expectations have led to increased spending on foodservices. The pattern of consumption across nations, however, has changed in a short time since coronavirus ravaged the globe. Therefore their food preferences include a host of balanced, plant-based snacks. It would have an invariable effect on business growth forecasts.

Who is Winning?

Major players operating in the global brewery equipment market include GEA Group AG, Deutsche Beverage Technology, Krones AG, Lehui Craft, Della Toffola Spa., Prospero Equipment Corporation, Brewbilt Manufacturing LLC, JV Northwest, Inc., Ximo Beer Brewing Equipment, Meura, Meto Brewery Equipment, Inc., ZiemannHolvrieka GmbH, Smart Machine Technologies, Inc, Caspary GmbH, Quality Tank Solutions, Craft Kettle Brewing Equipment, Blichmann Engineering, LLC, and Criveller Group.

In order to gain competitive edge over other manufacturers, these players focus on investing in R&D to innovate and produce wide range of products which are energy efficient and environment friendly.

BREWERY EQUIPMENT MARKET TAXONOMY

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

Product Type

  • Fermentation equipment
  • Brew house equipment
  • Carbonation
  • Control & Monitoring
  • Filling & Packaging
  • Mashing equipment
  • Milling equipment
  • Filtration system
  • Fittings & Valves system

Material Type

  • Brass
  • Copper
  • Aluminum
  • Stainless steel
  • Mild steel

Mode of Operation

  • Automatic
  • Manual
  • Semi automatic

Application

  • Macro brewery
  • Micro brewery
  • Brewpub
  • Farm brewery
  • Regional breweries

Region

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

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Key Questions Answered in the Report

How much is the brewing equipment market current worth?

Currently brewing equipment market is worth more than USD 18.5 Bn.

At what CAGR is the market expected to grow?

Brewing equipment sales are expected to grow at a CAGR of around 5.2% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, brewing equipment grew at a CAGR of around 4.8% during 2017-2021.

What are the key trends boosting Brewing equipment sales?

Augmenting demand for craft beers, rising number of options in terms of distinctive flavors, rising number of microbreweries, and overall growing consumption of beer are the key trends boosting sales of brewing equipment.

How are market players reacting to the new developments in the market?

Market players are opting for technological advancement, new product developments, and product portfolio expansion.

Which are the major countries driving demand for brewing equipment?

The US, Germany, UK, Spain, and Canada are the major countries driving demand for brewing equipment.

Who are the major players in Brewing equipment Market?

The major players involved in the brewing equipment market are GEA Group AG, Deutsche Beverage Technology, Krones AG, Lehui Craft, Della Toffola Spa., Prospero Equipment Corporation, Brewbilt Manufacturing LLC and Alfa Laval.

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.

Contact Us:                                                      

Future Market Insights
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Pine-Derived Chemicals Market Global – Growth, Statistics, By Application, Production, Revenue & Forecast To 2032

Newly released data from pine-derived chemical market analysis by Future Market Insights shows that global consumption of pine-derived chemicals enjoyed a year-on-year (YOY) growth of 3.8% in 2021 to total global sales of USD 5.5 Bn. The global pine-derived chemicals market will expand at a CAGR of 4.4% over 2022-2032 to reach a revenue of USD 8.4 Bn.

Chemicals from pine trees occur naturally and are thus environmentally friendly. Their use leads to lower emissions of carbon dioxide as opposed to those from conventional sources. The widespread use of crude oil and natural gas products in the recent past has contributed to increased emissions and environmental issues.

While the world’s companies nowadays shift towards the use of emission-free, environmentally friendly materials in their processes, growth in this market is sure. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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It includes in-depth insights into the pine-derived chemicals market. Some of these are:

  • The estimated value of the market was at US$ 5 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • The pine-derived chemicals market is primarily driven by its widespread usage in the areas of construction, printing and publishing, cleaning products, paper and a number of other industrial activities.
  • In the last few years North America has dominated the overall market.
  • The United States has a significant number of pine tree plantations, and thus has the highest share.
  • The Asia Pacific market is powered by rising understanding of environmentally friendly goods and substantial efforts to reduce global carbon footprint.
  • In terms of process, the kraft segment leads the market and is likely to remain dominant through the course of the report’s forecast period.

Poor Logistics Resulted Due to COVID-19 Outbreak will Affect Supply Disruptions

Pine-derived chemicals have historically been used amongst others chemicals in the adhesive industry, the building industry and the healthcare sector. In the recent past, they have found applications in applications in printing inks, adhesives, soaps & detergents, resins, plasticizers, surface coatings, fragrance chemicals among others.

Pine chemicals are obtained by distilling resin and fatty oil extracts that are semi-solid. Pine-based products are mainly produced from gums, stumps and Kraft Pulp products. They include rosin, high oil, turpentine, resin and so forth.

Factors such as poor logistics due to traffic control and restrictions on public movement are  affecting the market for pine-derived chemicals since these restrictions are causing disruptions in supply. While this may not affect the pine industry’s requirements in the short term, extended trade restrictions can have a significant impact on this industry, prompting companies to explore alternative sourcing partners.

Increasing population coupled with increasing economic standards has led to increased spending on food services. Contrary to the aforementioned forecasts, however, the market may head to tough waters.

Who is Winning?

Key players operating in the market are Eastman Chemical Company, Harima Chemicals Group, Inc., Arakawa Chemical Industries, Ltd., Kraton Corporation, and Forchem Oyj. Strong government rules and regulations along with price competition between different manufacturers of pine derived chemicals are restricting the market.

Limited supply of trees may threaten the competitiveness of the industry and may impact the market price trend for pine related chemicals. Additionally, mergers and acquisitions continue to be a popular strategy among market players.

PINE-DERIVED CHEMICALS MARKET SEGMENTATION

The global Pine- Derived Chemicals Market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Source :

  • Living trees
  • Dead pine stumps & logs
  • By-Products of sulphate                                           

By Application :

  • Adhesives & sealants
  • Paints & Coatings
  • Surfactants
  • Printing inks
  • Perfumes, Fragrances, and Cosmetics
  • Food Additives
  • Others

By Type :

  • Tall oil fatty acid
  • Tall oil rosin
  • Gum turpentine
  • Gum rosin
  • Pitch

By Process :

  • Kraft
  • Tapping
  • Pulpmills

By Region :

  • North America
  • Latin America
  • Europe
  • Asia
  • Oceania

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Key Questions Answered in the Report

What is the pine-derived chemical market’s current worth?

Currently pine-based chemicals market is worth more than USD 5.5 Bn.

At what CAGR is the market expected to grow?

The Pine-derived chemicals market is expected to grow at a rate of around 4.4% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, pine-derived chemicals grew at a rate of around 3.8% during the historical period 2017-2021.

What are the key trends boosting these chemicals’ sales?

Growing environmental concerns, increasing demand from existing end-users, rising application of pine-derived chemicals, continuous innovation, and developments in the associated industries are the latest trends of chemicals being observed in the pine-derived chemicals market.

How are market players reacting to the new developments in the market?

Market players are opting for technological advancement, government collaborations, and going green practices in order to achieve sustainability.

Which are the major countries driving demand for pine-derived chemicals?

The US, Germany, UK, France, Italy, India, and China are the major countries driving demand for pine-based chemicals.

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.

Contact Us:                                                      

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Microbial Lipase Market Global High State Of Affairs, SWOT Analysis, Business Summary & Forecast 2032

The microbial lipase market is estimated to be USD 535.0 Million in 2022. It is projected to reach USD 990.2 Million by 2032, growing at a CAGR of 6.8% from 2022, in terms of value.

Lipases are very versatile microbial enzymes and have compelled the attention of several industrial processes. Lipases can be achieved from several sources, fungi, bacteria, other microbes, animals, and vegetables. Microbial Lipases held the largest market share of around 62% among the sources of lipases.

Microbial lipase catalyzes the hydrolysis of long-chain triglycerides. The microbial sources of lipase enzymes are logically dynamic and proficient and also have an extensive range of industrial uses with the manufacturing of altered molecules.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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It includes in-depth insights into the microbial lipase market. Some of these are:

  • The estimated value of the market was at US$ 510 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Microbial lipase industry is dominated Asia Pacific.
  • The emergence of leading global microbial lipase producers and the increase in the adoption of lipase enzymes are increasing demand for microbial lipases in the Asia Pacific area.
  • It is estimated that the powder type of microbial lipases dominates the market for microbial lipase, as consumers prefer.
  • Due to their numerous applications in a wide range of food processes, the demand for lipase, especially from microbial sources, is expected to show significant growth in the near future.
  • In terms of form, the liquid segment emerged dominant and is likely to continue leading the market through the course of the forecast period.

COVID-19 Outbreak will Impact Growth of the Market

The lockdown due to corona outbreak might severely impact the supply side of the microbial lipase market. It may also affect the production and distribution of their goods and services. After the lockdown is lifted, there is a quite possibility that there will be an increase in sales which will be met through existing inventories of the companies in the microbial market.

Growing population along with increasing economic standards has led to increased spending on food services. Like the aforementioned forecasts, however, the market could head to harsh waters.

Who is Winning?

The key players operating in the global microbial lipase market are DowDuPont (US), Amano Enzymes (Japan), Novozymes (Denmark), Associated British Foods (UK), and Chr. Hansen (Denmark). There are some new developments in the industry that will generate specific opportunities for the microbial lipase manufacturers.

Furthermore, mergers and acquisitions continue to be a common strategy among market players. With strategic alliances companies plan to increase their global footprint.

MICROBIAL LIPASE MARKET TAXONOMY

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

By Source :

  • Fungi
  • Bacteria
  • Yeast

By Form :

  • Liquid
  • Powder

By Application :

  • Cleaning Agents
  • Animal Feed
  • Dairy Products
  • Bakery Products
  • Confectionery Products
  • Others

By Region :

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

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Key Questions Answered in the Report

How much is the microbial lipases market current worth?

Currently, the market is worth more than USD 530 Mn.

At what CAGR is the market expected to grow?

The microbial lipase market is expected to grow at a CAGR of around 6.8% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, the microbial market grew at a CAGR of around 5.5% during 2017-2021.

What are the key trends boosting lipase sales?

Augmenting uses of microbial lipases in several industries, rapid research and development in biotechnology, increasing demand for microbial lipases-based food and beverages, and organic becoming the new trend are the latest trends of microbial lipases being observed in the market.

How are market players reacting to the new developments in the market?

Lipase Market players are opting for technological advancement, strategic alliances, acquiring regional producers, new product developments, and production capacity expansion.

At what level does the report reflect pricing analysis?

The report presents a detailed cost analysis of Microbial Lipases based on source, i.e fungi and bacteria.

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.

Contact Us:                                                      

Future Market Insights
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