Market Research Blog – Page 14632 – New Product Development

Foaming Creamer Market- Latest Scenario On Innovation, Revolutionary Opportunities & Top Consumers 2032

In terms of revenue during the forecast years, the global foaming creamer market is projected to expand at a CAGR of around 3.6%.

While the coffee market has seen substantial growth in the recent past, coffee additives such as foaming creamers have also been witnessing significant consumption. According to a new intelligence outlook presented by Future Market Insights, the global demand for foaming creamers is anticipated to experience moderate growth over coming years – prominently driven by the expanding coffee market. Especially in Europe and the US.

Foaming creamers are also available for instant beverages, and these can be used for beverage mixes too. The other type of foaming creamer is the cold water soluble foaming creamer that is predominantly used in the foodservice industry.

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Gourmet Coffee Remains a Primary Push Factor

Around 59% people based in the US prefer to consume gourmet coffee, daily, as indicated by the US National Coffee Association. Similarly, the liking for gourmet coffee is increasing in other regions as well – subsequently elevating the incorporation of foaming creamer in coffee mixes.

As gourmet coffee prominently trends the millennial population, visibly rising millennial preference for café-style foamed coffee is providing a push to foaming creamer demand. Moreover, growing product innovation in the instant beverages/drinks category, coupled with widespread availability of instant or ready-to-drink (RTD) beverage mixes is likely to pave the way for parallel growth in foaming creamer sales.

Non-dairy Foaming Creamer to Emerge Lucrative, Riding on the Price Benefit

In the backdrop of volatile milk prices post 2016, dairy products manufacturers have been facing the challenges posed by reduced pricing. On the flipside, manufacturers of non-dairy based products continue to capitalize on the relatively stable pricing scenario owing to the stability of the raw material prices. With an expanding consumer population turning to non-dairy, vegan products, it is more likely that non-dairy foaming creamer would discover an improved scope of sales in coming years.

Increasing awareness about the potential health benefits of a vegan lifestyle and the availability of a wide range of dairy alternatives/non-dairy products suitable for the same, will reportedly assist the demand for non-dairy foaming creamer over its dairy-based counterpart. A number of manufacturers of dairy-free foaming creamers are thus likely to strategize on the raw material experimentation.

While both dairy and non-dairy foaming creamers are extensively consumed in commercial applications for preparation of instant beverage mixes, such as coffee-based mixes, milk tea mixes, and cocoa-based mixes, the report also points to surging usage of foaming creamers in dietary supplements such as protein shake powders.

Global Foaming Creamer Market: Segmentation

Analysis by Base

Dairy
Non-Dairy

Analysis by End Use

Beverage Mixes
- Coffee-based Mixes
- Milk Tea Mixes
- Cocoa-based Mixes
HoReCa/Foodservice
Dietary Supplements

Analysis by Function

Instant
Cold Water Soluble

Analysis by Region

North America
Latin America
Europe
Asia Pacific
ASEAN (Association of South East Asian Nations)
China
Middle East & Africa

HoReCa & Food Processing Sectors Contribute Significantly to Market Growth

Steadily increasing cold water-soluble foaming creamer consumption by the foodservice sector is identified to be another strong factor contributing to the growth of foaming creamer marker. The analyst explains, “A majority of operators in food processing and foodservice sectors are adopting foaming creamers in sizeable volumes in an effort to eliminate the need for additional manual labor, or foaming equipment, or machinery – saving on the overall production costs. Foodservice or HoReCa sector and food processing entities are thus playing a vital role in supporting the revenue growth of foaming creamer landscape”.

As revealed by the competition tracking, major manufacturers of foaming creamers are projected to invest strategic efforts in penetration into the Southeast Asian region that traditionally has been a tea consuming territory and is gradually developing a preference for foamed coffee. Middle Eastern and Asian countries are also positioned as attractive investment pockets for foaming creamer manufacturers, according to the report.

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Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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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Hybrid Rice Seeds Market Size, Share, Future Road-map, Technological Innovations & Growth Forecast To 2027

The birth of hybrid rice seeds took place in the province of Hainan, China, in the year 1970, and the seeds were released for actual commercial cultivation in 1976. Today, China is the world’s largest hybrid rice producing country, with around half of the rice cultivation in the country done with hybrid rice seeds.

For the past few years, hybrid rice seed technology has been adopted by other neighboring countries as well. However, moderate to slow growth in the adoption of hybrid rice seeds is being seen.

Rice is a staple food for most Asian countries, and is becoming a staple food in Latin America and African countries too, since people from these countries are now depending on rice for their source of daily protein and energy. Increasing rice demand around the world is driving the global hybrid rice seeds market.

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Hybrid rice seed varieties are the first filial generation of two distinct parent seeds. These hybrid rice seeds demonstrate superior productivity, raising yields above the high yielding varieties of the original Green Revolution. Hybrid rice seeds fit well for a New Green Revolution, which are a must for meeting the rapidly increasing need of the growing population. The quality of seeds largely affects the efficiency of the added fertilizers, pesticides, and other agricultural inputs.

Hence, to enhance productivity, quality seeds with appropriate properties are needed to develop and be made available to farmers. Hybrid rice seeds are getting widely acknowledged for their enhanced productivity. Yet, at present, the hybrid rice seeds technology is limited to India, Vietnam, the Philippines, and the U.S., while China is cultivating around half of its rice with hybrid rice seeds. Major limitations are generally due to the hybrid rice seed technology being laborious and intensive, besides the high cost of the seeds. Still, hybrid rice cultivation tops other hybrid crops. FMI predicts that the global market for hybrid rice seeds is expected to grow at a rate of 7.5% in terms of revenue during the forecast years.

Hybrid Rice Seeds Scenario in Developing Countries at a Glance

The hybrid rice seeds market growth in developing countries is varying from moderate to stagnant, owing to the lack of trained human resources, lack of sufficient water, and unfavorable climatic conditions. Rice producing Asian countries, apart from China, which include India, Indonesia, Bangladesh, the Philippines, Vietnam, Myanmar, and Pakistan, together have 4.5 million hectares of land under hybrid rice seed cultivation. The area contributes to a small percentage in each country.

The U.N. FAO’s regional office in this region has developed a strategy in collaboration with these countries to move toward sustainable food security in Asia. In African countries such as Liberia, Mozambique, Nigeria, Uganda, Madagascar, and Tanzania, cultivation with hybrid rice seeds started in the early 2000s. The Green Super Rice (GSR) project, which was introduced in some countries in the African continent cultivating hybrid rice seeds, developed in Asia, coordinated by the Chinese Academy Agricultural Sciences, the International Rice Research Institute (IRRI) and Africa Rice, during 2009-2011, succeeded from the yield perspective.

However, these hybrid rice seeds are not practical for commercial rice production, since they are susceptible to African diseases. Developing hybrid rice seeds that have better resistance to these diseases as well as high yield potential will be more beneficial. On the other hand, Egypt has succeeded in producing a local hybrid rice seed variety on a commercial scale through a rice breeding program. With strategic programs and support from the private sector, governments, and leading companies, hybrid rice development in Asia and Africa has a great potential to achieve a breakthrough in the technology related to hybrid rice seeds.

Hybrid Rice Seeds Market: Segmentation

By Grain Size:

Long Grains
Medium-sized Grains
Short Grains

By Duration:

Up to 110 Days
111 to 140 Days
140+ Days

By Region:

North America
Latin America
Europe
Japan
Asia Pacific excluding Japan
Middle East & Africa

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Hybrid Rice Seeds Giving Higher Economic Returns

Rice cultivation using hybrid rice seeds has been reported to produce higher economic returns when compared to the economic returns of conventional rice varieties. This is due to the significant yield the hybrid rice seeds over conventional rice seeds. Also, the milling yield of hybrid rice seeds was found to be the same, or in some cases better than the milling yield of conventional rice seeds. This advantage of cultivation with hybrid rice seeds is likely to encourage poor farmers to shift from conventional rice seeds to hybrid rice seeds.

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Safflower Oil Market (Covid-19) Outbreak: Size, Share Production & Consumption Analysis With Forecast To 2027

Increasing health consciousness, consistently growing preference for organic food ingredients, and rapidly soaring sales of convenience foods have been shaping the market for edible vegetable oils in recent years. Research also points to a significant surge in non-food applications of vegetable oils that contributes significantly to growing demand worldwide.

One of the most sought after non-food applications includes fostering biodiesel production from vegetable oils, which is more likely to improve revenue growth prospects of producers of edible vegetable oils such as safflower oil, according to a recently published market research outlook by Future Market Insights.

The research intelligence presented by FMI forecasts steady growth in the global revenue of safflower oil landscape. In 2019, the safflower oil market value is slated for a just-under 5% growth over that attained in 2018.

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Food Industry Continues to Register High Safflower Oil Consumption

While the vegetable oil landscape is expanding at a robust pace primarily owing to food industry applications, the safflower oil space is more likely to be driven by non-food applications in the near future such as manufacturing of detergents and soaps, and lubricants and greases. Candles manufacturers also register substantial volume consumption of safflower oil, according to the report.

Safflower Oil Market: Segmentation

Analysis by Nature

Organic
Conventional

Analysis by Product Type

High Oleic
High Linoleic

Analysis by End Use

Retail/Household
Foodservice
Food & Beverage Processing
Pharmaceuticals
Dietary Supplements
Cosmetics & Personal Care
Others

Analysis by Sales Channel

Direct Sales
Modern Trade
Convenience Stores
Specialty Stores
Online Stores
Others

Safflower Oil Market

However, the study also reaffirms that the applications of safflower oil in food industry will continue to represent a relatively larger share in the total market revenue. An approximate 10-12% value share currently belongs to the foodservice sector, as indicated by the report.

With rich content of Omega-6 fatty acids, safflower has been a popularly recommended health supplement over the decades. As deficiency of Omega-6 fatty acid prevails among masses, it is more likely that safflower oil would continue to witness considerable demand over coming years. Safflower oil makes a strong contender in the specialized edible oils line-up and serves a vital role in maintaining the cholesterol balance, thereby aids in improvement of atherosclerosis.

Research also proves the role of safflower oil in the regulation of blood sugar levels, which highlights its excellent consumption potential within the expanding diabetic population. Moreover, the report points to growing recommendation of incorporation of safflower oil in daily diet of obese people, creating another high potential opportunity of safflower oil consumption. Other applications of safflower oil including hair care, skincare, immunity management, and regulation of muscle contraction continue to further drive the revenue growth of safflower oil market on a global level.

Asian Market Reflects Significant Revenue Growth Potential

High linoleic acid content marked in the nutritional profile continues to push adoption of safflower oil across consumers in developed regions such as Western Europe, North America, and Japan. Increasing consumer preference for clean labeled packaged/processed food products is providing a strong impetus to organic food ingredients, which is in turn boosting consumption of organic safflower oil by food manufacturers.

Constantly rising demand for edible oils in populous developing countries such as India and China is identified to be a major driving force pinpointing the growth of safflower oil market across Asia Pacific. Evident increase in the awareness about health concerns related to trans-fat is another strong factor accounting for the soaring safflower oil consumption in the region.

Shrinking Cultivation Land Remains a Longstanding Barrier

Shrinking area of oilseeds cultivation land is widening the scope of alternative edible oils other than the popular options such as palm oil, coconut oil, sunflower oil, and soybean oil thereby enhancing revenue growth prospects of safflower cultivators and safflower oil producers across Asian economies.

Indian safflower farmers are facing the competition in recent years owing to contracting cultivation land area. The report says that despite land pressure and the subsequently curtailed safflower oil yield, traditional safflower farmers continue farming with an objective to continue the legacy of safflower oil as a unique edible oil alternative. Leading safflower oil manufacturers based in India are thus projected to focus on health product positioning, according to the report.

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Global Safflower Oil Market Remains a Consolidated Landscape

India-based Marico Ltd. is the global leader in safflower oil landscape, accounting for over 60% share in the total revenue. The company has been actively focusing on new product launches under the edible oils category to resonate with existing consumer trends. Recently, Marico added a new product to its safflower oil range by Saffola. While this safflower oil has been launched in the premium oil segment, it strategically targets consumers seeking healthful, value-added ingredients.

In a highly consolidated landscape of safflower oil, Connolis LLC, Oilseeds International Ltd., and Spectrum Organic Products LLC also mark the positions of important players. Besides the aforementioned market leaders, the report provides valued insights on company profiles and strategic developments of a number of smaller players, collectively accounting for a mere revenue share of around 5-6% in the global safflower oil marketplace.

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Ginseng Market Research Report – Opportunities & Challenges With Completely Different Segments, Forecast- 2031

The sales of ginseng are estimated to be valued at US$ 684.2 Mn in 2021. As per Future Market Insights (FMI), the overall ginseng market value is expected to reach US$ 1,093.6 Mn by 2031, rising at a CAGR of 4.8% for 2021-31. The sales of ginseng will represent approximately 1-2% of the herbal supplements market.

Growing consumer health consciousness is a significant factor in the food industry’s transformation. Customers not only tend to favor healthier meals, but they are more willing than ever before to pay for a non-GMO food products with no artificial ingredients. With the number of food companies looking for additives that include more nutrients in their products, thus the demand for ginseng is expected to rise.

As a result, it is safe to conclude that the ongoing trend is being driven by a growing interest in health and wellness. This has also led to the inclusion of ginseng as a key component in a number of dietary supplements. Because these supplements are non-GMO and organic, their market demand is expected to remain high.Get Sample PDF (including full TOC, Tables, and Figures) of Ginseng Market@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1577

Key Takeaways:

China is expected to remain one of the most lucrative markets for ginseng around the world. This is expected to give impetus to the overall Asia Pacific market.
Besides China, Korea has emerged as a leading consumer of ginseng.
Among end users, pharmaceuticals segment is forecast to exhibit high demand. Through the course of the forecast period it is expected to represent a considerably high share of the market.
Anti-oxidant and anti-inflammatory properties of ginseng boosts its application across diverse sectors.
Ginseng can help improving heart health and reduce cancer risk. As a result of this, it is increasingly used in food products.

Consumer’s Willingness to Spend on Healthy Food Products Creates Growth Prospects

The increasing number of health conscious consumers creates a lucrative demography for the ginseng market. Consumers’ preference towards healthy food products is not just linked to their awareness, but willingness to spend higher on non-GMO food. Ensuring that a food product does not contain artificial additives is a major factor determining its future in the market. Furthermore, it is a masterstroke when a manufacture is able to attain approvals from legitimate international authorities. These factors pave way for the market’s growth.

The anti-inflammatory and anti-oxidant properties of ginseng helps in improving the overall immunity system of humans. For instance, using Koran ginseng has shown to improve heart health and cognitive functions of brain. Besides this, ginseng is believed to have anti-cancer effects. These benefits spur the use of ginseng in non-GMO food products.

Rising Consumption of Dietary Supplements Boosts Sales Opportunities

Focus on fitness and wellbeing corresponds directly to the increasing health consciousness among consumers. Given the scenario, the demand for dietary supplements is likely to accelerate impressively. The consumption of these supplements is not restricted to a certain age or demography, rather it has considerably surged across age groups. The report suggests that dietary supplements sales could double itself in the forthcoming years. Because ginseng supplements are organic and are often categorized under non-GMO products, their demand is forecast to increase in the near future.

Rising Demand for Plant-based Food Products to Bode Well in Coming Years

The rising demand for healthy and ethically produced products has bolstered the market for plant-based products. These products help in reducing risk of various diseases, mostly transmitted through meat products. This has fueled the demand for plant-based ginseng extracts. These are safe to use and can be incorporated in various personal care products, supplements, pharmaceutical products, food products among others.

Market Segments Covered In Ginseng Industry Analysis

By Source:

Wild
Cultivated

By Form:

Raw
Powder
Extract

By Variety:

Oriental Ginseng
American Ginseng
Siberian Ginseng
Others

By End-use:

Personal Care Products
Dietary Supplements
Food and Beverage Processing
Pharmaceutical Products

Region:

North America
Latin America
Europe
Eastern Europe
APAC excl. China
China
Middle East & Africa

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Key Questions Answered in the Report

How much is the ginseng market current worth?

Currently ginseng market is worth more than US$ 684.2 Mn.

At what CAGR is the market expected to grow?

Ginseng consumption is expected to grow at a CAGR of around 4.8% during the period 2021-2031.

How was the performance in the last five years?

In terms of revenue ginseng grew at a CAGR of around 4.9% during 2016-2020

What are the key trends boosting Ginseng sales?

Development of innovative products, surge of ginseng in personal care industry are the latest trends of ginseng being observed in the market.

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

Market players are opting for offering products with various claims, new product developments and production capacity expansion.

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Oat Drinks Market – Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2031

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

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

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

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Key Takeaways from the Oat Drinks Market Study

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

Key Segments

Product Type

Regular/Full Fat
Reduced Fat

Flavour

Natural/Unflavoured
Flavoured
- Vanilla
- Chocolate
- Coffee
- Mocha
- Mint
- Fruit-flavoured
- Other Flavours

End Use Application

Food Services
- Cafes
- Quick-service Restaurants
- Full-service Restaurants
Retail Services
- Hypermarkets/Supermarkets
- Convenience Store
- Mass Grocery Retailers
- Food & Drink Specialty Store
- Online Retailing

Nature

Organic
Conventional

Format

Shelf-Stable
Refrigerated

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New Product Launches to Fuel Oats Drinks Demand

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

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

Who is winning?

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

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

Get Valuable Insights into oat Drinks market

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

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Linseed Oil Market (Covid-19) Outbreak: Trends Together With Growth Forecast To 2027

In ancient Egypt, the flax plant was cultivated by the ancient Egyptians to produce linen out of the lignan abundantly present in the plant stem, which was used to wrap mummies. Linseed oil is extracted from the seeds of the flax seed using the extraction or pressing method. For thousands of years, linseed has been consumed as a food and also used as a remedial medicine. According to a new study by Future Market Insights, consumer demand for linseed oil Market is anticipated to experience a meteoric rise, aided by the high content of the omega-3 fatty acids, among the health conscious populace, globally.

Linseed oil, often termed as flaxseed oil, is derived from the ripened, dried seeds of the flax plant belonging to the Linum family. Linseed oil generally tends to be colorless to yellowish in color. The flax plant is one of the oldest plants on Earth, and has been cultivated even by ancient civilizations. The flax plant and linseed oil have been benefiting many generations of humans as well as animals, be it in the production of linen, ropes from the stem, or providing health benefits with medicinal properties.

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Global Linseed oil Market: Segmentation

By Nature:

Organic
Conventional

By Product Type:

Raw Linseed Oil
Boiled Linseed Oil
Double-boiled Linseed Oil
Others

By Application:

Dietary Food
Pharmaceuticals
Paint & Textile Industry
Leather Industry
Animal Feed
Personal Care
Processed Food
Others

By Distribution Channel:

Online Retailers
Grocery Stores
Wholesalers
Supermarkets

By Region:

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

Linseed Oil Market Share Shifting from Industrial Use to Dietary Supplements

Up until World War II, the utilization of linseed oil was dominantly occupied by protective coating and other allied manufactured products such as linoleum, patent leather, oil clothing, etc. With extensive research and development, various alternatives are replacing the use of linseed oil in paints and varnishes. For example, the development of vinyl floor coverings replacing linoleum, latex interior paints replacing linseed oil in paint, cotton cloth replacing linen. However, with the advent of research and many technological developments, linseed oil has emerged as a dietary supplement, owing to the presence of omega-3 fatty acids, a polyunsaturated fatty acid.

These fatty acids are beneficial in various ways, such as improving heart health, treating constipation and diarrhea, helping in weight management, reducing inflammation, rheumatoid arthritis treatment, and cancer treatment. With the increasing prevalence of chronic diseases all over the world, dietary supplements are experiencing a tremendous rise in demand, supporting an increase in global linseed oil demand. The global market for linseed oil is expected to gain significant momentum, and register a growth of 5.5% in terms of value between 2018 and 2027.

Surge of Linseed Oil in the Cosmetic Industry Bolstering Global Demand

The need for good looks to create a good impression has led to humongous growth in the cosmetic industry in recent times. European and Asian countries such as South Korea, Japan, China, Germany, and Switzerland have seen an enormous boom in the cosmetic industry. Linseed oil is used in moisturizers, creams, and skin and hair products as a source of an omega-3 fatty acid. According to FMI analysts, the global demand for linseed oil in the cosmetic industry is likely to boost the overall demand for linseed oil.

Organically Produced Linseed Oil to Attract the Millennial Generation

The use of chemicals for improved crop production yield has been confirmed to decrease the soil quality and overall productivity. Moreover, these chemicals enter into human body through consumed food. On the other hand, organically produced linseed oil crops tend to preserve the quality of the soil, and have an improved flavor and taste. Consumers are inclined to buy organic products that are marketed as supreme and premium quality products, even though they cost more as compared to conventionally produced linseed oil. Linseed oil manufacturers have successfully kept track of the current trend and consumer needs, and are turning away from using conventionally produced linseed oil.

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Fruit Pomace Market Latest Scenario On Innovation, Revolutionary Opportunities & Top Consumers 2027

The global fruit pomace market is expected to show a steady 4% CAGR between 2019 and 2027. The market’s valuation in 2019 was US$ 3,028.7 Mn, finds Future Market Insights in a report, titled “Fruit Pomace Market: Forecast, Trend, Analysis & Competition Track – Global Review 2018 to 2027.” The increasing focus on weight management, stoking dietary supplements sale is expected to bolster growth in the market. According to the report, the fruit pomace market is expected to reach US$ 4,155.6 Mn by the end of 2027. The report offers in-depth insights into the market, covering prevalent trends, hidden opportunities, and potential threats. It is intended to help stakeholders get an executive-level blueprint of the market.

With a rise in demand for health and wellness food products, manufacturers are increasingly seeking for ingredients with strong nutritional profile, which are easily available. Fruit pomace is largely obtained from fruit and vegetable processing and remains in demand for its enhanced nutritional content as well as benefits in agronomic activities. Moreover, significant consumer inclination towards plant-based products is expected to weigh on same scale as growing demand for fruit pomace.

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Key Takeaways

Eastern Europe emerged dominant in 2019. Through the course of the forecast period, it is expected to remain an attractive market for fruit pomace.
In terms of form, liquid/ paste segment held the leading share in the market in 2019. It is expected to grow at a steady pace over the report’s assessment period.
Among key segments based on application, the market is expected to witness increasing use in the dairy products segment. In addition to this, the demand from dairy supplements, food processing, beverage processing, and other segments will rise steadily in the coming years.
The rising health awareness among consumers has emerged as a chief market driver.
Food pomace is a cost-effective ingredient that can be used in foods and beverages to up their nutrient content. Spurred by this, the use of food pomace is expected to rise significantly in the food and beverages industry.

Demand for Cost-effective Ingredient to Ensure Higher Nutrient Content in Food Products Creates Sales Opportunities

Rising penetration of the internet and increasing awareness regarding health and wellness have rendered consumers more conscientious than ever before. Therefore a food product to get successfully sold across the market must fulfil the nutrient expectation of consumers. A key point to consider here is, high prices will can restraint sales. Therefore, manufacturers are looking for healthier yet cost-effective nutrient to incorporate in their food products. Fruit pomace offers exactly that, which has guaranteed the market’s steady rise over the years. Furthermore, it is easier to obtain fruit pomace at a lower price from the food processing industry. Spurred by this, the fruit pomace market is forecast to exhibit a steady growth over the course of the forecast period.

Extra Cost Incurred on Processing Fruit Pomace, May Lead to It Getting Discarded as Waste

In order to get distributed across various industries, fruit pomace may require additional processing. This needs to be carried out by fruit processing companies. This could incur additional cost for them. Because the price of fruit pomace is less, the cost incurred on additional processing is often not covered by sales. Therefore, a lot of time pomace generated by fruit processing is often discarded as waste, rather than selling it to various end-use industries. Once discarded, no value is left to fruit pomace, which may negatively affect its sales.

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Who is Winning?

To strengthen their foothold in the fruit pomace market, leading companies are experimenting with various strategies. While some are focusing on research and development, a few others are aiming at expanding their product portfolio to expand their footprint. Still there are others who concentrate on forging strategic collaborations to stay ahead in the competition.

Some of the leading players operating in the fruit pomace market are Lemon Concentrate S.L., LaBudde Group, Inc., Citrosuco S.A., Sucocitrico Cutrale Ltd, Agrana Beteiligungs-AG, Marshall Ingredients, LLC, Louis Dreyfus Company B.V., Polyphenolics Inc., FruitSmart Inc., Pacific Coast Fruit Products Ltd., GreenField Sp. z o.o., Appol sp. z o.o., Whole Vine Products, and Yantai North Andre Juice Co. Ltd.

FRUIT POMACE MARKET TAXONOMY

The report segments the global fruit pomace market in detail to present an executive-level blueprint to the reader

Source

Apple
Citrus
Banana
Berries
Grape
Mango
Others

Form

Powder
Pellets
Liquid/ Paste

Nature

Organic
Conventional

End use

Dairy Product
Beverage Processing
Food Processing
Edible Oils and Fat
Animal Feed
Biofuel Production
Cosmetic & Personal Care
Pectin Production
Dietary Supplements

Region

North America
Latin America
Western Europe
Eastern Europe
APAC
MEA

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Rapeseed Oil Market 2022-2027: Analysed By Business Growth, Development Factors, Applications, And Future Prospects

Future Market Insights (FMI) brings key insights on the global rapeseed oil market in its forthcoming outlook titled, ‘Rapeseed Oil Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027‘. By value, the global rapeseed oil market is anticipated to register a CAGR of 3.7% over the forecast period, due to various factors, regarding which, FMI offers vital insights in detail.

Rapeseed oil is extracted from the oilseed rape plant by pressing out transparent and translucent liquids. Rapeseed oil is a yellow-golden or yellow-brownish oil, and has a certain stimulating aroma known as the green smell. The smell holds a certain amount of mustard glucoside. Rapeseed oil contains no cholesterol, so consumers having high cholesterol levels can be at ease.

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Rapeseed Oil – A Viable Option to Replace Olive Oil

From a formerly obscure inedible oil, to more than few billion dollars crop, addressed among the healthiest edible oils in the market today, the transition of rapeseed oil is truly spectacular. Recognized as an alternative to olive and other edible oils that is as healthy and equal in taste, but more versatile to cook with, rapeseed oil is gaining intrinsic popularity. Of all the edible oils made for human consumption and in the industry, rapeseed oil is among the top three. Carefully made, rapeseed oil is a rage in restaurants.

The cabbagey flavour that it provides means that there are no limits to its versatility. This versatility of rapeseed oil has resulted in an entire portfolio of rapeseed oil products, from its use as an ingredient in vegetables, baked goods, ready-to-eat meals, and in personal care and cosmetic products such as lotions, hair oil, and more, and also in biodiesels. Rapeseed oil is emerging to be a big business today. A sudden interest is being observed in rapeseed oil, and a meteoric rise is expected in the coming years.

In revenue terms, the global rapeseed oil market is accelerating at a rate of 3.7%, and reached a value of around US$ 27,600 Mn in 2017. The region generating the highest revenue for rapeseed oil is Europe, with a share of more than 40%, assisted by the higher prices of rapeseed oil as compared to other regions.

Rapeseed oil is extracted from rape oilseeds – scientific name is Brassica napus. The seeds are maintained at high temperatures, using solvents and chemicals for bleaching, degumming, and refining the product. The result obtained is a bare, neutral, though useful standard edible kitchen rapeseed oil.

Rapeseed oil is a fairly healthy product, with saturated fat less than in olive oil. It’s also high in various compounds such as omega-3 and omega-6. Rapeseed oil’s composition of fatty acids is nearest to human needs. It contains low saturated fatty acids and low erucic acid. Rapeseed oil also contains sterol, which is more than beneficial to the human body. The consumption of sterol helps in reducing cholesterol, and fighting cardiovascular diseases, physiological functions, and cancer. Rapeseed oil is also rich in vitamin E, iron, carotenoids, selenium, and other vital elements.

Market segmentation

Global Rapeseed Oil Market – By Nature

Organic
Conventional

Global Rapeseed Oil Market – By End Use

Food Processing
Cosmetic and Personal Care Products
Biodiesel
Animal Feed
Households (Retail)

Global Rapeseed Oil Market – By Extraction Process

Solvent-Extracted
Cold-Pressed

Global Rapeseed Oil Market – By Sales Channel

Direct Sales
Hypermarkets/Supermarkets
Convenience Stores
Specialty Retail Stores
Traditional Grocery Stores
Online Retailers

Unlike olive oil, rapeseed oil doesn’t turn toxic when preheated, whereas, a smoke point higher than that of olive oil makes it slightly more appropriate for cooking or deep-frying. In the last few years, there has been an outpouring in artisanal cold pressed rapeseed oils, which are commercialized much like the olive oils.

Production has risen from a few thousand tons in the last decade to a few million tons today, increasing manifold the last ten years. The cultivation of rapeseed oil not only has a very low impact on the environment, but the oil is enormously good for one’s health. More and more consumers are mindful of what they consume, which makes rapeseed oil popular.

Economic growth is one of the factors expected to continue advancing the average per capita oil consumption in many developing nations. Further, swelling demand from the biodiesel sector is projected to consume roughly 20 percent more than last year. Higher obligatory blending charges and the making of additional production units in several nations are driving growth in the biodiesel industry.

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The major producers of rapeseed oil are India, China, Canada, and the European Union. Much of the increase in the rapeseed oil market is expected to originate in Asia, with China being the most dominant player, with food and oleo chemical uses the main zones of growth.

This report of the rapeseed oil market includes the trends driving each segment, and provides analysis and insights of the potential of the rapeseed oil market in various regions. Latin America is expected to register a high growth rate between 2018 and 2027, and North America is expected to remain a fairly significant market for rapeseed oil through to 2027. According to market attractiveness, North America and Latin America are relatively more prominent regions in the rapeseed oil market. Some of the key players in the rapeseed oil market are Wilmar International Ltd., Oilio (Archer Daniels Midland), ViOil Group, Biona Organic, and Yorkshire Rapeseed Oil, among others.

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Almond Flour Market- Outlook On Emerging Application, Revolutionary Trends & Potential Growth Strategies 2032

Newly released data from almond flour market analysis shows that global demand of the overall almond flour market is anticipated to grew at a Y-o-Y of 8.1% in 2021 to a total of USD 1,572.8 Mn.

One of the first in gluten-free flours category, almond flour is significantly used within the bakery sector. The report opines that bakery will remain the prime consumer of almond flour through 2028, whereas emerging application areas such as dietary supplements and cosmetics & personal care products would be presenting lucrative opportunities to market players. Greater emphasis of agriculture promotion groups on setting sustainable standards for the almond cultivation space is projected to be an important factor that would shape the market for almond flour in the near future.

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The demand for the organic flour segment increased by 8.0% between 2020 and 2021, giving the combined almond flour market year-over-year growth of 8.1% in 2021, according to the FMI’s report.

Key Takeaways – Almond Flour Market Report

Although gluten-free/non-traditional flours are yet to mainstream, they have been capturing a considerable shelf space at retail stores, since the recent past.
Almond flour will witness accelerating consumer preference in the following years, with momentous expansion of vegan and paleo diet trends.
Blanched almond flour remains preferred over natural or unblanched almond flour, particularly among bakery sector operators. This preference is attributed to the former’s superior texturizing properties.
Bakery sector, among all the industrial end users of almond flour, will continue to account for more than 50% share in the market.
The high-protein, low-carb profile of almond flour makes it a desirable ingredient for the manufacturers of dietary supplements.
High price point would remain a longstanding challenge to the growth of almond flour market.
Europe is projected to remain the significantly lucrative market for almond flour sales through 2028.

Market Leaders Emphasizing Application-specific Almond Products

Blue Diamond Growers, Inc., the almond specialist, recently launched a few products to extend the company’s existing line-up. Some of the latest introduced products by the company include crackers made with almond flour and the refrigerated almond flour. While the former is successfully capturing retail shelves, the latter will witness spectacular sales owing to its higher shelf life. Eying the opportunities abound in consumer branded products, Blue Diamond Growers is innovating its almond flour offerings specifically for baking.

Besides Blue Diamond Growers, Inc., the report covers some of the globally leading almond flour manufacturers, including Bob’s Red Mill, and Almondco Australia Ltd. The market for almond flour remains a fairly consolidated competition landscape, as the top five players continue to contribute nearly 40% revenues to the market. Companies are focusing on brand positioning and promotions in the premium healthy ingredients category. Several brands are looking up to capitalize on the expanding conscientious as well as affluent consumer base across developing economies.

Segmentation:

By End User:

Household
Food and Beverage
Industrial
Cosmetics
Dietary Supplements
Others

By Form:

Blanched
Natural

By Nature:

Organic
Conventional

By Distribution Channel:

Direct
Indirect
- Pharmacy Stores
- E-retailers
- Specialty stores
- Supermarkets

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Key Questions Answered in the Report

How much is the current worth of the almond flour market?

Currently almond flour market is worth more than USD 1,572.8 Mn.

At what CAGR is the market expected to grow?

Almond flour consumption is expected to grow at a CAGR of around 8.3% during the period 2022-2032.

How was the performance in the last five years?

In terms of revenue, the almond flour market grew at a CAGR of around 7.1% during 2017-2021.

What is the demand outlook forecast for the extruded snacks market?

The global almond flour market was forecasted to surpass USD 3,536.9 Mn by the end of 2032.

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Matcha Market 2022 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2031

In a recent study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects a favorable demand outlook for the global matcha market during the forecast period 2021 to 2031. The global matcha sales are poised to total US$ 2.28 Bn in 2021, exhibiting a stellar 10.2% CAGR.

Increasing applications of matcha in diverse end-use sectors such as food and beverage, personal care, and foodservice are driving sales in the market. Apart from this, growing preference for non-alcoholic beverages among millennials is providing tailwinds to market sales.

Matcha is termed as a ‘superfood’ in the food industry as it is packed with vital nutrients and minerals. Loaded with antioxidants, vitamin A and C, and minerals such as potassium, calcium, and magnesium, matcha is becoming a frequently used product in households.

Health benefits derived from matcha are key factors propelling sales in the market. Matcha can potentially combat cholesterol, liver damage and improves the calorie-burning process, making it an ideal choice of beverage among weight watchers.

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In addition, matcha has anti-inflammatory properties that catechins that help in countering hormonal acne. This factor is driving applications of matcha in skincare and personal care products such as moisturizers, lotions, cleansers, and serums, further augmenting the market growth.

Growing consumers’ preference towards plant-based and clean ingredients in packaged food products such as snacks, ready-to-drink beverages, and desserts are encouraging product innovations in the matcha market.

As per FMI’s analysis, the U.S. is anticipated to emerge as a lucrative market. Rising demand for plant-based and organic products, coupled with presence of leading players in the country will augment market growth.

“Easy availability of matcha through online and offline sales channels, along with increasing applications of matcha in baking and home-cooked meals will continue driving market growth through 2031,” says the FMI analyst.

Key Takeaways:

Sales of culinary grade matcha are estimated to remain high through 2031, owing to increasing applications in food and beverages.
Organic match will emerge as the most preferred type.
Foodservice segment is anticipated to dominate the end-use segment, due to high demand for matcha-based dishes and beverages in restaurants and cafes.
Stand-up pouches will account for the maximum market share, due to convenient and easy storage features.
Indirect sales will hold maximum market share in terms of sales channel type.
The U.S. is anticipated to experience high demand in the matcha market, owing to growing consumer preference towards plant-based food products. As per the market survey, North America is expected to exhibit a positive 8.7% CAGR through 2031.
The U.K. will exhibit high demand for matcha-based products, due to increasing applications in personal care products and household consumption. FMI projects the European matcha market to grow at a healthy 9.4% CAGR.
Being one of the leading exporters of matcha tea, Japan will emerge as an attractive market, with innovative product developments and key players in the market.
South Korea is expected to account for 4.7% of the total market share.

Competitive Landscape

ITO EN Ltd., Tata Global Beverages Ltd., Starbucks Corporation, The Hain Celestial Group Inc., Unilever PLC, Aiya-Co. Ltd., The AOI Tea Company, McCormick & Company, Inc., Matchaah Holdings Inc., The Republic of Tea, Clearspring Ltd., Andrews & George Company Limited, Green Foods Corporation, Marukyu-Koyamaen Co. Ltd., and Foodchem International Corporation are some leading players profiled by FMI.

Leading players comprise ITO EN Ltd., Tata Global Beverages Ltd., Starbucks Corporation, Unilever PLC, McCormick & Company, Inc., holding 15-20% of the total market share.

Key companies operating in the global matcha market are investing in acquisitions and collaborations to expand their product offerings in various regions. Apart from this, product innovations and launches will be prominent growth strategies among leading players through 2031. For instance:

In July 2021, Starbuck Coffee Company partnered with Caribbean Coffee Traders Limited (CCTL) to open its first store in the island of Barbados. The new coffeehouse opened at Haggatt Hall in St. Michael introduces customers to the Starbucks coffeehouse experience by offering a variety of aromas and locally sourced products with a signature Starbucks twist.
In October 2020, Canadian private equity firm Clearspring Capital Partners acquired a majority stake in Regal Confections, a Canadian distributor of global sweets and chocolate confectionery brands. The acquisition will potentially strengthen Regal’s product portfolio and aid the company’s growth.

Matcha Market by Category

By Grade Type:

Ceremonial
Classic
Café
Culinary

By Nature Type:

Organic
Conventional

By End-Use Type:

Food Processing
Beverage Processing
Personal Care
Foodservice
- Tea Shops/Café
- Restaurants
Institutional
Household

By Packaging Type:

Bulk Bags
Cartons
Sachets
Stand Up Pouches
Tins

By Sales Channel Type:

Direct Sales
Indirect Sales
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online Retailing

By Region:

North America
Latin America
Western Europe
Eastern Europe
China
Japan
Southeast Asia and rest of Asia Pacific
Middle East & Africa

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Key Questions Answered in the Report

What is the current matcha market value?

The global matcha market is forecast to reach US$ 2.28 Bn in 2021.

At what rate did the matcha market grow between 2016 and 2020?

The global matcha market experienced healthy growth between 2016 and 2020, registering a positive 8.4% CAGR.

What are the key trends driving matcha sales?

Growing preference for non-alcoholic beverages among millennials, coupled with increasing applications of matcha in skincare and food & beverage industries are driving matcha sales.

What will be the matcha market share in Europe?

The European matcha market is poised to expand at an impressive 9.4% CAGR.

What is the current market share of South Korea in the global Matcha market?

South Korea is anticipated to hold 4.7% of the global matcha market share.

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