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Future Market Insights (FMI)’s report on the global silage additives market projects steady growth in 2021. Consistent demand from food sector is expected as an increasing number of companies seek to improve quality their products. According to the study, the market will continue gaining as food sector recovers post COVID-19. Also the rising demand for animal-based protein sources will emerge as a chief growth driver.

Inherent concerns pertaining to sustaining product quality and improving dietary value are the key complications, challenging the feed processing industry. Silage additives are often considered suitable options due to their high nutritional value and long-shelf life.

With some of the key players now using clean labels as catchwords for advertising, silage additives sales are poised to surge in the coming years. The demand for combination product types will rise at 6.4%, helping them emerge as the most attractive product category.

Key Takeaways from the Silage Additives Market Study

• Steady growth will continue as silage additives market continue exhibiting above 5% CAGR on average through 2021-2031
• Rising demand for fresh forage backs the U.S. market, enabling it account for 87% sales in North America
• Impressive growth expected, as sales in the U.K. rise at above 7% in 2021
• Backed by increasing focus on fitness, sales will continue rising in Germany and France
• Adoption of novel technologies to support year-round silage production in Japan and South Korea

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“Some of the emerging countries have been adopting various initiatives to expand silage production areas. The rising demand for dairy and animal products and increasing focus on feed quality will remain chief drivers of the market,” said a lead FMI analyst.

Rising awareness about animal health, along with increasing awareness regarding environmental well-being, is fuelling the demand for silage additives. Consumption of silage additives is expected to rise in developing countries in the coming years. Focus on improving animal immunity is increasing, which driven by the rising demand for non-GMO products among consumers.  This has been in turn fuelling silage additives demand.

Furthermore, in order to support in the fermentation process, numerous silage additives have been used to increase the nutrient and energy retrieval in silage often with consequent enhancements in animal performance. This has been aiding overall expansion of the market.

Who is winning?

Several top manufacturers of silage additives are concentrating on providing silage additives at an optimum price, owing to their increasing demand among consumers. Different companies have implemented integrated production approach to deliver cost-effective products in the market. Their efforts are aimed at expanding their footprints, while adding on to their production capacity.

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A few of the leading players operating in the Silage Additives market are: BASF SE, Chr. Hansen Holding A/S, Biomin, Nutreco, Lallemand Inc., DuPont de Nemours, Inc, Shandong Baolai-leelai Bio-industrial Group, Schaumann Bioenergy GmbH, Micron Bio-Systems, Volac International Limited, Kemin India, Addcon Europe GmbH, Josera GmbH & Co KG, NWF Group, American Farm Products, Cargill, Microferm Ltd. and other players.

Get Valuable Insights into Silage Additives Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Silage Additives Market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Silage Additives market based on Type (Homofermentative Inoculants, Heterofermentative Inoculants, Combination Products, Acids and Acid Salts, Molasses or Sugar, Enzymes and Non-Protein Nitrogen Compound), Form (Powder, Liquid), Function (Stimulation Treatment, Inhibition Treatment, Other Functions) and Silage Crop (Corn, Alfalfa, Sorghum, Oats, Barley, Rye, Other Crops) across seven major 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.

Alternative flours are gaining traction especially since they are known to offset disadvantages of traditional whole wheat or wheat flour. According to a new study by Future Market Insights (FMI), the green banana flour market is set to reach US$ 435.7 Mn by the end of 2021. The rising demand for improved nutritional value in food along with new flavors, textures and aromas, among consumers are enabling sales in the market.

Green banana flour is trending as a gluten-free ingredient for the food industry, which in turn is creating opportunities for key players to capitalize on. Changing buyers values have led to seek more nutrition from natural and high-quality food sources with clean labels. With consumers seeking healthier options, it is seen that these products have appeal across a broad spectrum of potential buyers.

Driven by consumers’ piqued interest, green banana flour is now being made available in a particular flavor or a combination of other fruit flavors. According to FMI, the demand for conventional green banana flour is remarkably high and it is expected to account for over 95% sales in 2021.

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Key Takeaways from the Green Banana Flour Market Study

• Green banana flour market is expected to register 4.6% Y-o-Y growth in 2021
• The U.S. will emerge as a highly attractive market, accounting for over 85% of sales in North America in 2021
• Exhibiting above 6% Y-o-Y growth in 2021, the U.K. will emerge as an attractive market for green banana flour within Europe
• The demand from Germany and France too is forecast to rise at an impressive pace
• Within East Asia, China will exhibit strong growth, followed by Japan and South Korea

“The food industry is actively developing palatable products, allowing people with allergies to gluten and wheat enjoy breads, baked goods, pasta, and other food items made using processed flour. This has been one of the crucial drivers of green banana market. Green banana flour has a very mild raw banana taste; it also has a lighter wheat flour-like texture and needs around 25 % low volume, making it a strong wheat flour substitute, which will continue aiding sales through the forecast period,” said a lead analyst at FMI.

Quality Concerns Pertaining to Food Enabling Green Banana Flour Sales

Rising concerns regarding quality of food products, along with growing awareness about health & wellbeing, are pushing consumers to increasingly opt for healthy and organic products Green banana powder is being sold in its retail format for household purposes in large quantities. Growing purchasing power and increased opportunities for women in the workforce have resulted in less time for home cooking, and higher demand for processed or prepared foods. As a result, there is a rise in consumer expenditure on grocery retail and food.

Not only is it a must for those with gluten allergies to use substitute flours, but it’s also a perfect choice for many recipes to add nutrients. Green banana flour is lower in calories than all-purpose flour at only 100 calories per 1⁄4 cup, which essentially helps minimize the total calorie count without losing flavour or texture.

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Who is winning?

Rising inclination towards vegetable and fruit flours across various regions is fuelling the demand for green banana flour. Manufacturers across the globe are are investing heavily to update their inventories with green banana flour products to cater to the growing demand.

For instance, Zuvii specializes in the production and marketing of gluten-free food ingredients for both retail and commercial sectors. The company offers products such as gluten-free banana flour, pancake and waffle mix, brownie mix, chocolate cake mix, vanilla cake mix, and bundles. The green banana flour produced by the company is claimed to be starch free, and good for the gut due to its probiotic nature.

Some of the key players in green banana flour market are are International Agriculture Group, Made’s Green Banana Flour Co., Kanegrade Ltd., Natural Evolution Limited, Slingan Pty Ltd., NOW Health Group, Inc, NuNatural Inc, Zuvii, Pereg Gourmet Natural Foods, M-Pak, Banatone Food Industries, Stawi Foods and Fruits Limited, Vinayak Ingredients (INDIA) Pvt. Ltd., Hearthy Foods, Saipro Biotech Private Limited, Paradise Fruits, Royal Nut Company, Absolute Organic, KADAC Pty Ltd.

Get Valuable Insights into green banana flour market

Future Market Insights, in its new offering, provides an unbiased analysis of the green banana flour market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the green banana flour market based on product type (Organic Green Banana Flour and Conventional Green Banana Flour), by process (Freeze Dried Process, Spray Dried Process, Sun Dried Process and Others), by Sales channel (Direct Sales and Indirect Sales), and by application (Household, Food Industry, Beverages, Pet Food & Feed Industry).

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.

Increasing application in dietary supplements will drive omega-3 ingredients market. According to a new study by Future Market Insights (FMI), the market is projected to reach US$ 5.9 Bn by 2021. The study forecasts the dietary supplements segment to account for over 47% of the sales in terms of value in 2021. Rising focus on health and wellness is expected to bode well for the market

Omega-3 ingredients can be extracted from various sources for instance animal source (algal, fungus oil, fish oil and krill oil) and plant sources (chia seed oil, sunflower oil, flax seed oil, hemp, soybean oil, canola oil, primrose oil, and camelina oil). Manufacturers are investing heavily in discovering novel source of omega-3 ingredients to gain competitive advantage.

Key Takeaways from the Omega-3 Ingredients Market Study

• Omega-3 ingredients market is expected to register nearly 10.9% CAGR between 2021 and 2031
• The U.S. will emerge as an attractive market, accounting for 78% of sales in North America
• The EU5 has been exhibiting exceptional growth opportunities. FMI forecasts it to register nearly 10% Y-o-Y growth in 2021
• Benelux and Nordic markets also will exhibit impressive growth within Europe market
• China and India will continue exhibiting high demand for omega-3 ingredients

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“Manufacturers are focusing on improving production processes to meet high quality standards. Continuous research & development initiatives undertaken by market players are aimed at discovering alternate sources of omega-3 ingredients,” said a lead analyst at FMI.

Rising Vegan Population Fuelling Demand for Plant-Based Omega-3 Ingredients

A vegan diet does not include two essential omega-3 ingredients in their diet i.e., EPA and DHA as these are primarily derived from animal sources such as fish. As the vegan population is growing rapidly owing to increasing awareness, manufacturers are focusing on the production of omega-3 ingredients from the plant as the source. Manufacturers are striving to discover more such plant sources for omega-3 ingredients for supporting this growing segment of the population.

Rising Focus on Health Fuelling Demand for Omega-3 Ingredients

The increasing concern about health and wellness among the consumers has been fuelling the demand for nutraceutical and dietary supplements. Frequent product launches with multiple health benefits of omega-3 ingredients are among key market trends.

Europe currently holds around 37.0% of the global market. The rising incidence of various chronic ailments has been fuelling the demand in the U.S. Besides this increasing awareness about the health benefits of omega-3 ingredients has been spurring growth in Asia Pacific and the Middle East and Africa.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-13013    

Who is winning?

A few of the leading players operating in the omega-3 ingredients market are Croda International Plc, Omega Protein Corporation, Koninklijke DSM N.V., Cargill Inc., Epax Norway AS, GC Rieber Oils AS, Pharma Marine AS, Copeinca ASA, Arista Industries Inc., Polaris Nutritional Lipids, Clover Corp. Ltd., Marine Ingredients LLC, Barleans Organic Oils L.L.C., Algaecytes Limited, Qualitas Health, Cellana, Inc., Qponics Limited, BioProcess Algae, LLC, Luhua Biomarine (Shandong) Co., Ltd, Denomega Nutritional Oils, and other players.

Manufacturers of omega-3 ingredients are also strengthening their technology portfolio to improve quality of their products.

• For instance, Omega Protein Corporation in 2017 has partnered with the Science Center for Marine Fisheries (SCeMFis), a cooperative research center for the production of omega-3 ingredients. Sensing the rising demand for omega-3 ingredients manufacturers are also increasing production quantity.
• In January 2019, Cargill launches omega-3 ingredients for fish feed as they spot greater potential for farmed fish. Cargill is further developing supply chain for effective distribution of these omega-3 ingredients
• In January 2019, Croda International Plc acquired Brenntag Biosector to strengthen its pharmaceutical offerings.

Get Valuable Insights into Omega-3 Ingredients Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Omega-3 Ingredients market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Omega-3 Ingredients market based on Product Type (Alpha-Linolenic Acid (ALA), Eicosapentaenoic Acid (EPA), and Docosahexaneoic Acid (DHA)), By Source (Animal-based, Plant-based), By Application (Food Industry, Beverage Industry, Dietary Supplements, Infant Formula, Pharmaceuticals & Nutraceutical Industry, and Animal Feed) across seven major regions (North America, Latin America, Europe, Asia Pacific, Oceania, Japan, and Middle East and Africa).

Summary

Omega-3 ingredients such as eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), and alpha-linolenic acid (ALA) are long-chain fatty acids that are essential for maintaining good health. Eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA) are precursors for a group of eicosanoids such as thromboxanes, prostaglandins, and leukotrienes which plays an essential role in anti-inflammation, antithrombotic, antiarrhythmic, and vasodilation. According to the inclination of consumers, omega-3 ingredients can be extracted from animal-based as well as plant-based sources.

Increasing consumption of processed food besides the expansion of bakeries and confectioneries are among key factors fuelling the demand for food emulsifiers. According to a new study by Future Market Insights (FMI), the food emulsifiers market is forecast to reach US$ 3.30 Bn by 2021. Demand for effective preservative ingredients in the food sector has remained a constant trend. It has been enabling growth in the market and will continue aiding overall expansion especially as application in processed food and bakeries rises consistently.

FMI has forecast the processed food segment to continue dominating the market through the course of the report’s forecast period, starting from 2021 to 2031. It is expected to account for nearly one-fourth of food emulsifiers sold over the assessment period.

Today, food emulsifier gaining high momentum in the manufacturing of food products due to its desirable qualities that help in preservation of processed and convenience food, besides making them more appealing. The growing market for convenience and processed food is backed by hectic lifestyles, deskbound jobs, increasing women workforce, and socio-cultural aspects. These aspects of changing lifestyle have contributed towards reshaping consumers’ eating habits.  A shift away from three square meals eaten at the family table towards round-the-clock snacking is pushing manufacturer towards adoption of food emulsifier in order to cater supply/demand gap for processed food formats.

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Moreover, manufacturers are also focused on developing novel emulsifier solutions that are capable of reducing calorie content in food products. The market is seeing an increasing number of research and development centres coming up across globe. Companies are trying to expand their production and business footprint by acquiring key companies in the emulsifier segment.

The FMI study delves deep into the prevailing dynamics to offer interesting insights into the food emulsifier market. Some of these are:

• Food emulsifiers market will continue exhibiting steady rate of growth through 2031. FMI projects the market to showcase 4.4% Y-o-Y growth in 2021
• The U.S. will emerge as a chief market globally and account for 88.8% of North America market based on volume in 2021
• The U.K. will exhibit 0.9% Y-o-Y growth in 2021 in terms of volume
• Germany and France to continue offering lucrative growth opportunities
• Japan and South Korea to emerge as attractive markets, however, China will continue leading the East Asia market through forecast period

“Innovation in food products is expected to create remarkable growth opportunity for market players in the years to follow. Also, a broader consumer base for healthy fast food is contributing to the growth of the global market” said a lead analyst at FMI

Who is winning?

Some of the leading companies operating in the market are BASF SE, Adani Wilmar Limited, Archer Daniels Midland Company, Cargill Inc, Dow Corning Corporation, E.I Dupont De Numours and Company, Evonik Industries AG, Ingredion Incorporated, Kerry Group Plc, Koninklijke DSM N.V., and others. Some of these companies are focusing on acquisition as key strategy to gain competitive advantage.

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For instance, in January 2017, Palsgaard acquired a major stake Candon Aditivos para Alimentos, which is a Brazilian ingredient company and supplier of bakery emulsifiers.

Get Valuable Insights into Food emulsifier Market

Future Market Insights, in its new report, presents an unbiased analysis of the global food emulsifier market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on product type the market can be segmented into lactic esters of fatty acids (sodium stearoyl lactylate, sodium behenoyl lactylate, sodium isostearoyl lactylate, sodium lauroyl lactylate), lecithins, mono & di-glycerides of fatty acid, esters of monoglycerides of fatty acid, polysorbates, polyglycerol esters, polyglycerol polyricinoleate, and others. In terms of nature, the market can be segmented into natural and synthetic. In terms of form, the market can be segmented into fine powder and hydrate. Based on end use, the market can be segmented into bakery, confectionery, beverages, dairy products, processed food, and others. Regionally, the market covers North America, Latin America, Europe, South Asia, East Asia, Oceania and 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.

Global lactose demand is set to expand at nearly 4% in 2021, as burgeoning focus on health and wellness create substantial opportunities. While demand for powdered lactose will remain higher than granular lactose, the latter is set to grow at a higher rate. US will continue to be the largest market, however, lactose manufacturers can expect growing opportunities in Latin America and Asia Pacific. These insights are according to the latest edition of the study, conducted by ESOMAR-certified research and consulting firm, Future Market Insights (FMI).

Used as a filler or filler binder in the manufacturing of drugs and capsules, the pharmaceuticals domain has emerged as a lucrative application area for lactose-based products. Developing advanced manufacturing processes and technological innovations in industry to produce quality lactose that are consistently safe and effective has fuelled lactose production worldwide.

In recent years, hundreds of supply shortage incidences have been reported and hence leading to the expansion of advanced technology production facilities will accelerate production capacity and narrow down the supply-demand gap. The ongoing expansion of production facilities with advanced technology accelerates the consumption of lactose and is expected to lead to market growth across the globe.

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Key Takeaways

• Lactulose to emerge as the lucrative derivative type, accounting for nearly 30% sales
• United States will continue to account for significant market share among all countries
• Powdered form lactose will continue to outsell lactose in granule form
• Food industry will be the mainstay for lactose demand, but opportunities in animal feed are growing
• UK lactose to mimic broader consumer trends in Europe
• Lactose market players in Japan and South Korea target novel applications

“While food and beverage industry has accounted for bulk of the demand, market players are exploring applications in animal feed and personal care industry ” said a lead analyst at FMI

Competitive Landscape

Emerging nations represent an exceptional opportunity for the lactose industry. Players are making significant investments to penetrate the untapped markets through affordable offerings. Key stakeholders in the lactose market have commenced significant revamps to their strategies in emergent countries and purpose is to increase access to their products.

In recent years, lactose market has witnessed product launches with the development of lactose by key manufacturers in order to increase their market share globally. Companies are coming up with various lactose based ingredient and derivatives for application in various segments.

• In 2015, Meggle one of key player of lactose, launched triple compound pharma grade lactose CombiLac®, specifically designed to ease oral solid dosage.
• In 2019, Kerry announced to launch Aero Flo brand for inhalation lactose grade. Brand named Aero Flo® for inhalation grades of lactose have been explicitly developed for usage in dry powder inhalers for pulmonary delivery of pharmaceuticals.

Who is Winning?

Some of the key players operating in the lactose market are, Armor Pharma, Avantor, Inc., Ba’emek Advanced Technologies Ltd (Tnuva Group), BASF SE, Davisco Foods International, Inc., DFE Pharma (JV of Royal FrieslandCampina & Fonterra Ltd.), Hilmar Ingredients, Hoogwegt Groep B.V., Kerry plc., Lactose (India) Limited, Merck KgaA, Milei Gmbh, Molkerei MEGGLE Wasserburg GmbH & Co. KG and other players.

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Key players are focusing on partnership in order to gain larger market share and to capture new geographical areas to get access to new markets.

• In 2019 LBB Specialties announced that it has signed a strategic partnership deal with Meggle for the distribution of Meggle’s Pharmaceutical Lactose excipients, including lactose for inhalation formulations, in the United States.
• In 2019, MEGGLE Excipients & Technology signed an agreement with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, to represent its lactose excipient portfolio for the pharmaceutical and nutraceutical industries in Canada.

Get Valuable Insights into Lactose Market

Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based nuggets market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on the Lactose Market on the basis of Form, has been classified into powder and granule. Based on end use, lactose market is segmented into food and beverage (bakery, confectionery and functional food), pharmaceutical, animal feed, cosmetics and personal care. In terms of derivatives Type, has been classified into Lactose Anhydrous, Lactose Monohydrate, Galactose, Lactulose, Lactitol, Other (tagatose, lactobionic acid). Regionally, the market covers 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.