Encapsulated Sodium Bicarbonate Market Overview Challenges, Top Industry Players, Regional Study, Growth Drivers and Opportunities During 2022-2029

Encapsulated Sodium Bicarbonate Market Outlook

Encapsulated sodium bicarbonate is manufactured by coating the surface of sodium bicarbonate salt with hydrogenated vegetable oil. The significance of encapsulation is that it controls the chemical activity and release of carbon dioxide, thereby enhancing the quality of the product. Encapsulated sodium bicarbonate also plays an important role in the manufacturing process by reducing the additional costs of baking soda. The most commonly used vegetable oils for the encapsulated sodium bicarbonate are cottonseed oil and palm oil.

Hence, the fluctuation in the supply of raw material is a key regulator affecting the stability of the encapsulated sodium bicarbonate market. The growing encapsulation technology is making its mark in various spaces such as flavours, colours, emulsification, etc. Encapsulated sodium bicarbonate market is likely to witness growth concomitantly along with all the other encapsulation technology segments.

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Demand for better quality in processed food is driving the encapsulated sodium bicarbonate market growth

The encapsulation technology has witnessed numerous advancements in terms of microencapsulation technologies and its range of applications have also expanded to include segments such as dairy products, functional food, and animal nutrition. Manufacturers across the globe are investing in microencapsulation technology which enhances the characteristics of the flavour, taste and texture profile. Encapsulated sodium bicarbonate troubleshoots the problem associated with the addition of baking agents and restores the activity of leavening agents for a longer period of time.

Some of the issues encapsulated sodium bicarbonate deals with change in dough texture, sponginess of the dough which is affected by air, etc. Hence, encapsulated sodium bicarbonate enables better shelf-life stability. Key global manufacturers are also investing significantly in R&D of encapsulation technologies, propelling the growth of the encapsulated sodium bicarbonate market. Encapsulated sodium bicarbonate is beneficial for food ingredient delivery system owing to its non-toxic nature.

However, it involves high-cost equipment and production processes. One of the major factors that is hampering the growth of the encapsulated sodium bicarbonate market is additional costs incurred during production. The cost of the encapsulated sodium bicarbonate is higher than the cost of the end-product, which acts as a restraint for the encapsulated sodium bicarbonate market. Thus, to curb high costs, companies are focused on developing advanced processing and formulation technologies in the encapsulated sodium bicarbonate market.

Encapsulated Sodium Bicarbonate Market: Regional Analysis

Increasing consumption of artisan bakery products in the developed countries sets the product apart from the rest, as it has been prepared with real, extraordinary expertise and skills. These positive aspects of the bakery industry are fuelling the encapsulated sodium bicarbonate market growth in these regions.

In the developing countries, a sudden increase in the middle-class consumers and an increased purchasing power has led to rising in the consumption of specialty bakery products which is fuelling the growth of the encapsulated sodium bicarbonate market.

Apart from these factors, the easy procurement of raw material such as coating agents for encapsulated sodium bicarbonate is also driving the market growth. Hence, Asia Pacific is a lucrative region for the encapsulated sodium bicarbonate market.

Encapsulated Sodium Bicarbonate Market: Key Participants

Some of the market participants in the Encapsulated Sodium Bicarbonate market are:

  • Clabber Girl Corporation
  • Watson Inc.
  • Veripan Ltd
  • VEDEQSA
  • Ingrizo NV
  • Basic Equine Health LLC
  • Indukern
  • Indukern, S.A

The research report presents a comprehensive assessment of the Encapsulated Sodium Bicarbonate market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

The report covers exhaustive analysis on:

  • Encapsulated Sodium Bicarbonate Market Segments
  • Encapsulated Sodium Bicarbonate Market Dynamics
  • Encapsulated Sodium Bicarbonate Market Size
  • Encapsulated Sodium Bicarbonate Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Encapsulated Sodium Bicarbonate Market
  • Competition Landscape and Emerging Market Participants in Encapsulated Sodium Bicarbonate Market
  • Technology related to Production/Processing of Encapsulated Sodium Bicarbonate
  • Value Chain Analysis of the Encapsulated Sodium Bicarbonate Market

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Encapsulated Sodium Bicarbonate Segmentation

On the basis of encapsulating agent, the Encapsulated Sodium Bicarbonate market is segmented into-

  • Cotton seed oil
  • Palm oil
  • Others

On the basis of end use industry, the encapsulated sodium bicarbonate market is segmented into-

  • Bakery Industry
  • Bread
  • Baguette
  • Bagels
  • Buns & Rolls
  • Loaves
  • Cakes
  • Muffins
  • Cream pastries
  • Patisseries
  • Viennoiserie
  • Premixes
  • Animal Feed Industry

On the basis of grade, the encapsulated sodium bicarbonate market is segmented into-

  • Food Grade
  • Feed Grade

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Report Highlights:

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

 

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cing Sugar Market Overview & analysis of Top developments and strategies that explain level of competition and future forecasts in 2022- 2028

Icing Sugar Market Outlook

Icing sugar, also known as powdered sugar is mainly used in the baking and confectionery applications. The composition of the icing sugar is powdered sugar, starch, and anti-caking agent. The anti-caking agent in the icing sugar is important especially for the intricate designs made by the foodservice providers.

The icing sugar is used to provide texture to a variety of bakery items and confectioneries and thus they are available in various types depending on the application of the icing sugar. The icing sugar has to be used within a short period of time as the risk of the icing sugar getting caked persists even if there is a presence of anti-caking agents. Also, the source of starch varies in the type of icing sugar manufactured. But, the main sugar source in all the icing sugar is cane sugar.

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Growth in the Bakery Market in the Developing Regions to Bolster the Growth for the Icing Sugar Market

The changing lifestyles of people have changed the food habits in the developing regions such as in APAC and MEA. This has resulted in the bakery industry to grow in these regions. The bakery industry is well developed and advanced in the European countries. But the consumer-shift in the APAC and MEA regions has led to the presence of the foodservice increasing. This has propelled the demand for icing sugar that has good quality in the bakery industry to cater to the demands of the consumers. But there is less number of icing sugar manufacturers in these regions. Thus, it provides a white space for all the manufacturers in these regions. Also, the seasonal demand affects the sales of the icing sugar globally.

Icing Sugar Market: Regional Analysis

The requirement for the icing sugar is mainly dominated by their requirement in the foodservice industry. Out of the total icing sugar being used, around 12% is used in the retail sector and the remaining in the foodservice and the food processing industry.

The demand for the icing sugar is high in the European countries due to a large number of cafes, restaurants, and hotels in this region. The rise of the bakery market in the regions of APAC and MEA will likely increase the demand of the icing sugar. MitrPhol Group, along with KCG Corporation, in 2018, launched an international standard icing sugar called the ‘Imperial Mitra Phol’ for use in the foodservice or the food processing industry.

Icing Sugar Market: Key Participants

Some of the market participants in the global icing sugar market are:

  • Tate & Lyle PLC
  • AB Sugar Company
  • Couplet Sugars
  • Simbhaoli Sugars Ltd.
  • Crusty International
  • Dhampure Speciality Sugar Ltd.
  • MSM Prai Berhad
  • Blue Bird Foods India Pvt.
  • SBEC Sugar Ltd.
  • Patco Industries Limited
  • Thai Flour Co. Ltd.
  • American Crystal Sugar Company
  • United Sugar Company
  • NZ Sugar Company Ltd.
  • USHA International Limited (Mawana)
  • Starafrica Corp.
  • Sugar Australia Company Ltd.
  • Nordic Sugar A/S
  • Mitr Phol Group
  • Redox Pty. Ltd.
  • Lantic Inc.
  • Weikfield Products Co. (I) Pvt. Ltd.
  • Amrut International

The research report presents a comprehensive assessment of the icing sugar market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as type, nature, starch source, end use, packaging and distribution channel.

The report covers exhaustive analysis on:

  • Icing Sugar Market Segments
  • Icing Sugar Market Dynamics
  • Icing Sugar Market Size
  • Icing Sugar Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Icing Sugar Market
  • Competition Landscape and Emerging Market Participants in Icing Sugar Market
  • Technology related to Production/Processing of Icing Sugar
  • Value Chain Analysis of the Icing Sugar Market

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Icing Sugar Market Segmentation

The global icing sugar market can be segmented on the basis of type, nature, starch source, end use, packaging and distribution channel.

On the basis of type, the global icing sugar market can be segmented as –

  • Coarse grained
  • Finely Ground
  • Ultra Refined

On the basis of nature, the global icing sugar market can be segmented as –

  • Organic
  • Conventional

On the basis of starch source, the global icing sugar market can be segmented as –

  • Tapioca
  • Maize
  • Wheat
  • Potato
  • Others

On the basis of end use, the global icing sugar market can be segmented as –

  • HoReCa/Foodservice
  • Food Processing Industry
  • Bakery Products
  • Confectionery
  • Desserts
  • Household/Retail

On the basis of packaging, the global icing sugar market can be segmented as –

  • Retail
  • Canisters
  • Packets
  • Boxes
  • Bulk

On the basis of distribution channel, the global icing sugar market can be segmented as –

  • Direct/B2B
  • Indirect/B2C
  • Hypermarkets/Supermarkets
  • Modern Grocery Stores
  • Specialty Stores
  • Online Retail

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Report Highlights:

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

 

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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Synbiotic Market Overview 2022-2030 : Impact of Covid-19, Prominent Players, Regions, Emerging Growth Factors, Latest Opportunities

Synbiotic Market Outlook:

Synbiotic are the mixtures of prebiotics and probiotics in the form of synergism that promotes the bacteria’s survival and growth in the gut. These bacteria are mainly present in a human body’s intestine and colon in the gastrointestinal tract. Synbiotic assist to boost the proper functioning of the stomach, which could not be accomplished in a sufficient amount by daily diet. Moreover, the intake of synbiotic offers several benefits involving improving digestive health, decreasing inflammation, and improving immune function.

Additionally, they are also used to improve nutrient absorption such as calcium, phosphorus, and magnesium, and to treat hepatic conditions. In addition, they are often used in aquaculture to stimulate the immune system to increase fish development. Synbiotics are also used in pharmaceuticals and pet foods industries, due to nutritional benefits. The increasing inclination of consumers towards nutritional supplements due to changing lifestyles and eating habits is expected to boost demand for synbiotic in the near future.

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Heightened Demand for Functional and Convenience Food Products is Boosting the Growth of Synbiotic Market:

The growing demand for functional food is attributed to the increasing demand for functional ingredients, such as Synbiotic, which offers health benefits without compromising food products’ taste or sensory quality. Synbiotic is used as a functional ingredient in food products, which has a digestion-resistant quality

Increasing consumer awareness of nutritional supplementation is expected to play a significant role in driving market in the near future. Rising demand for dietary supplements in China and India is expected to have a strong effect on the synbiotics market over the coming years due to increased awareness of the nutritional benefits of functional foods. As diet foods, the use of functional food products is increasing which appear to achieve customer satisfaction when it comes to energy and dietary requirements.

Owing to increasing awareness among consumers and increased internet penetration, Synbiotic is widely used in the food industry. It is used in the manufacturing of food products such as cereals, nutrient supplements, candies, and chocolates. Increasing use of Synbiotic in food processing industry contributes to the growth of the global Synbiotic market.

Global Synbiotic: Key Players

Some the key players operating their business in the global Synbiotic market

  • Pfizer Pharmaceuticals
  • Yakult Pharmaceuticals
  • Groupe Danone
  • Behn Mayer & Company Private Limited
  • Skystone Feed Coperative Limited
  • Sabinsa Coorporation
  • Daflorn MLM5 Limited
  • Chr. Hansen

In 2019, Pfizer Inc. and Array BioPharma Inc. have entered into a definitive merger agreement has been signed pursuant to which Pfizer acquires Array, a global biopharmaceutical company focusing on the discovery, production and distribution of targeted small molecular medicines for the treatment of cancer and other highly unmet diseases.

Opportunities for Synbiotic market:

The rising population’s rise in health issues has increased demand for functional foods. Moreover, the development of the dairy industry in countries like India and China is also expected to fuel the growth of the synbiotic market in the coming years.

The demand for probiotics and prebiotics in functional food and beverage is continuing to increase. Speeding healthy lifestyles among consumers towards nutritional supplements is expected to play a significant role in driving market growth for synbiotics over the coming years.

Manufacturers in the nutraceutical and food & beverage industries have enhanced the strengthening of natural ingredients such as probiotics, prebiotics and synbiotics in their product selection to provide nutritional enrichment and related health benefits. The European Commission lifted quotas for manufacturing dairy products in the region in March 2015.

As a result, key players in the dairy industry in Europe are expected to expand their manufacturing capacity and thus are likely to influence market growth in synbiotics over the projected timeframe. In the coming years, technological innovation regarding the application of synbiotics in aquaculture is anticipated to accelerate market penetration.

Brief Approach to Research Synbiotic Market:

A modelling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes

Global Synbiotics Market: Segmentation

The synbiotics market report covers the detailed analysis of the following segmentation which includes, by application, form, distribution channel and region.

On the basis of product form, global Synbiotic market can be segmented as:-

  • Powder
  • Liquid

On the basis of product application, global Synbiotic market can be segmented as:-

  • Food & Beverages
  • Pharmaceutical
  • Dairy Industry
  • Animal Feed
  • Aquaculture Farming

On the basis of distribution channel, global Synbiotic market can be segmented as:-

  • Direct/B2B
  • Indirect/B2C
  • Online Retail
  • Hypermarkets/Supermarkets
  • Convenience Store
  • Retail stores
  • Others

On the basis of region, the Global Synbiotic market has been segmented as

  • North America
  • Latin America
  • Europe Barley
  • CIS & Russia
  • Japan
  • APEJ
  • The Middle East & Africa

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Report Highlights:

  • An overview of the Synbiotic market, including background and evolution
  • Macroeconomic factors affecting the Synbiotic market and its potential
  • Market dynamics, such as drivers, challenges and trends
  • Detailed value chain analysis of the Synbiotic market
  • Cost structure of the products and segments covered in the study
  • In-depth pricing analysis, by key product segments, regions and by major participants in Synbiotic market
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
  • Analysis of the Synbiotic market structure, including a tier-wise categorization of key market participants
  • Competitive landscape of the market, including detailed profiles of the top players in this 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:                                                      

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Phosphatidylcholine Market Overview & Growth with Competitive Landscape, Industry Size, Scope, Share, Top Manufacturers, Trends and Forecast to 2022- 2028

 Phosphatidylcholine Market Outlook

Phosphatidylcholine is the most plentiful of the phospholipids, a class of specialized fat molecules, obtained from plant and animal cells. Chemical and mechanical procedures are done for the extraction of phosphatidylcholine from egg yolks. It is consumed as a source of choline which has a broader range of medical applications such as treatment of neurological atherosclerosis and other neurological disorders.

The sources from which phosphatidylcholine is extracted includes eggs, soybean, seeds, nuts, and meat. The increasing demand for choline from pharmaceuticals and dietary supplements is anticipated to drive the market. The demand for phosphatidylcholine is further enlarged due to its recommendation as a part of health support programs in European countries.

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Also, owing to the enormous scope of application, the use of phosphatidylcholine for the manufacturing of pharmaceuticals for conditions such as eczema, high cholesterol, blood circulation issues and more is one of the primary drivers of the market. However, high production prices and investment cost could hamper market growth.

Demand from Nutraceuticals is Surging the Phosphatidylcholine Market Growth:

The increasing demand for pharmaceuticals and rising occurrences of anxiety, tardive dyskinesia (movement disorder), Alzheimer’s and more have supported the growth of the phosphatidylcholine market. It is also the primary active ingredient contained in cosmetic injection products used to dissolve fat.

Increasing awareness among consumers for high-quality and nutritious food products is one of the major driving forces of the market. Increasing per capita income, growing economy, urbanization and more are some of the secondary factors which are assisting the market. The cosmetic industry also offers an attractive opportunity as the use of phosphatidylcholine is extensive in cosmetics. It helps in preventing damage of skin structure and provides smoothness.

The increase in the usage of phosphatidylcholine in cosmetics is certainly providing a boost to the market. An increase in research and development for phosphatidylcholine with an objective of application development has also been observed in the last few years which is anticipated to drive more lucrative opportunities in the coming years. Also, the high presence of choline in phosphatidylcholine is anticipated to raise the demand for phosphatidylcholine in dietetic food due to growing awareness towards high nutritional content foods.

Phosphatidylcholine Market: Regional Analysis

The market in North America and Europe is dominating the overall phosphatidylcholine market attributed to the high consumption of nutritional supplements.

Asia Pacific also presents a lucrative opportunity for the market owing to the emergence of a rapidly growing food processing sector coupled with changing lifestyle and food consumption pattern among individuals.

Rising awareness for healthcare, growing economy and increasing per capita income is expected to grasp more lucrative growth opportunities for the market.  And in Latin America, the market is anticipated to register the highest growth rate. The pharmaceutical industry in countries including Brazil, Mexico, and Argentina is assisting the growth in Latin America. Furthermore, factors trending in the global phosphatidylcholine market include the mergers and acquisition among the manufacturers.

Phosphatidylcholine Market: Key Participants

Some of the market participants in the phosphatidylcholine market are:

  • Harmony Whole Foods
  • Nutrasal, Inc.
  • NOF America Corporation
  • Jena Bioscience GmbH
  • Vitamin Research Products
  • Avanti Polar Lipids, Inc.
  • Natural Factors
  • Kewpie Corporation
  • Lipoid GmbH
  • American Lecithin Company
  • Cargill Pharmaceutical

The research report presents a comprehensive assessment of the phosphatidylcholine market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

The report covers exhaustive analysis on:

  • Phosphatidylcholine Market Segments
  • Phosphatidylcholine Market Dynamics
  • Phosphatidylcholine Market Size
  • Phosphatidylcholine Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Phosphatidylcholine Market
  • Competition Landscape and Emerging Market Participants in Phosphatidylcholine Market
  • Technology related to Production/Processing of Phosphatidylcholine
  • Value Chain Analysis of the Phosphatidylcholine Market

The regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Phosphatidylcholine Market Segmentation

The phosphatidylcholine market can be segmented on the basis of product type, end use, and sales channel.

On the basis of source, the phosphatidylcholine market can be segmented as:

  • Eggs
  • Soybean
  • Sunflower
  • Mustard
  • Others

On the basis of grade, the phosphatidylcholine market can be segmented as:

  • Food Grade
  • Pharmaceutical Grade
  • Others

On the basis of function, the phosphatidylcholine market can be segmented as:

  • Moisturizing
  • Solubilizing
  • Emulsifying
  • Others

On the basis of end use, the phosphatidylcholine market can be segmented as:

  • Pharmaceuticals
  • Cosmetics
  • Nutraceuticals
  • Others

Ask for the complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-8724

Report Highlights:

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

 

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
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Chromium Picolinate Market Overview Growth, Size, Share, Trends, COVID-19 Impact Analysis, and Forecasts to 2022-2029

Chromium Picolinate Market Outlook

Chromium picolinate, also known as chromium tripicolinate, is mineral chromium that is found in health supplements. Chromium picolinate is a reddish pink color powder which helps to maintain healthy cholesterol levels, promotes weight loss and stabilizes the blood glucose levels. Chromium picolinate is easily absorbed by the body.

Chromium is an essential mineral which helps in enhancing the levels of insulin and maintaining a healthy blood glucose level. Chromium is naturally present in trace amounts in food such as meat, grain bread, fish, etc., but still, the risk of getting chromium deficiency is increasing due to changing lifestyle and poor eating habits, and thus, the consumption of chromium picolinate is an effective way to obtain the daily requirement of the chromium.

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Increase in Weight-management Problems Boosts the Demand for Chromium Picolinate.

According to the World Health Organization, in 2016, more than 1.9 billion adults were noted as overweight, out of which around 650 million adults were obese. Around 13% of the global adult population was obese in the year 2016. The consumers are changing their lifestyle and eating habits to maintain a healthy life, and thus, are willing to buy dietary supplements to fulfill the nutritional requirement.

The rise in the prevalence of obesity and overweight problems are anticipated to increase the sales of weight-loss supplements, and thus, is estimated to increase the demand for chromium picolinate. Chromium picolinate is used as a dietary supplement. The scientific studies have indicated that chromium picolinate helps in decreasing the carbohydrate cravings and also helps in metabolizing fats and carbohydrates. Chromium picolinate decreases triglyceride and cholesterol levels. Chromium picolinate acts as a natural appetite suppressant, and thus, is used as a weight-loss supplement. Therefore, the increase in weight management problems is anticipated to increase the sales of chromium picolinate.

The increase in the prevalence of diabetes is expected to serve as one of the major drivers for the increase in the demand of chromium picolinate. According to the World Health Organization, in 2016, around 1.6 million deaths were caused due to diabetes and is estimated to be the seventh leading cause of death in 2016.

As health awareness among the consumers is increasing, the demand for dietary supplements is increasing as they satisfy taste as well as nutritional requirement. Thus, the increase in the frequency of diabetes is estimated to increase the sales of chromium picolinate. Chromium picolinate has shown to decrease insulin resistance and also helps to decrease the risk of type-2 diabetes and cardiovascular disease. Chromium picolinate aids to maintain healthy sugar levels and improves appetite regulation. Therefore, the increase in the occurrence of diabetes is anticipated to boosts the sales of chromium picolinate.

The lack of awareness about chromium picolinate and the preference for plant-based dietary supplements is anticipated to serve as a major restraint for the chromium picolinate market. Due to an increase in awareness about the side-effects of the chemicals, the consumers prefer the use of plant-based products.  There are many types of dietary supplements that are present in the market. The companies are trying to develop plant-based dietary supplements to attract health-conscious consumers. Also, the lack of awareness about the dosage of chromium picolinate can cause side-effects. The dose of chromium picolinate will depend on various factors such as gender, age, etc., and thus, the lack of knowledge can have side-effects such as renal impairment, liver damage, etc. Therefore, the preference for plant-based dietary supplements and the lack of awareness is expected to hinder the growth of chromium picolinate market.

Chromium Picolinate Market: Regional Analysis

The hectic schedule, changing eating habits, increase in the disposable income, preference for a healthy lifestyle, etc., are anticipated to increase the sales of dietary supplements in the Asia Pacific region, and thus, is expected to have a positive impact on the chromium picolinate market. The increase in the prevalence of diabetes in the Asia Pacific region is estimated to increase the demand for chromium picolinate.

Chromium Picolinate Market: Key Participants

Some of the market participants in the Chromium Picolinate market are:

  • Merck KGaA
  • Resonance Specialities Ltd.
  • Sellwell(Group) Chemical Factory
  • Amsal Chem Private Limited
  • Cambridge Commodities Limited
  • Chemlock Metals Corporation
  • Oceanic Laboratories Pvt. Ltd.
  • Celtic Chemicals Ltd
  • Anmol Chemicals Group
  • Yihan Industrial Co., Ltd.
  • Mubychem Group
  • Salvi Chemical Industries Ltd.

The research report presents a comprehensive assessment of the chromium picolinate market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as grade, and end-use.

The report covers exhaustive analysis on:

  • Chromium Picolinate Market Segments
  • Market Dynamics
  • Market Size
  • Supply and Demand
  • Current Trends/Issues/Challenges pertaining to chromium picolinate market
  • Competition Landscape and Emerging Market Participants in chromium picolinate market
  • Technology related to Production/Processing of chromium picolinate
  • Value Chain Analysis of the chromium picolinate market

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Chromium Picolinate Market Segmentation

The Chromium Picolinate market can be segmented on the basis of grade, and end-use:

On the basis of the grade, the chromium picolinate can be segmented as:

  • Food Grade
  • Pharmaceutical Grade
  • Others

On the basis of end-use, the chromium picolinate market can be segmented as:

  • Food and Beverage Industry
  • Dietary Supplement Industry
  • Nutraceutical Industry
  • Others (e.g. Pharmaceutical Industry, etc.)

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Report Highlights:

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

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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Essential Fatty Acids Market Expectations & Growth Trends Highlighted Until 2027

Significant health benefits and rapid adoption as a key ingredient for preparing infant formula, adult dietary and nutritional products is fueling the demand for essential fatty acids such as omega-3 and 6 across the globe. A recent study conducted by Future Market Insights (FMI) has revealed that the global market for essential fatty acids is set to witness an impressive CAGR of 9.5% in terms of revenue over the forecast period (2017-2027). During this ten years of the forecast, the dynamics of the market will be shaped by factors such as government policies and regulations, incessantly rising demand and improvement in supply chain management of essential fatty acids.

Future Market Insights’ report titled “Essential Fatty Acids Market: Global Industry Analysis and Opportunity Assessment, 2017-2027” currently values the market at over US$ 4072 Mn and anticipates it to reach US$ 10 Bn towards the end of 2027. While favourable government policies will keep encouraging higher productions of essential fatty acids, the demand for such products will also surge upwards on account of their increasing application in processed and convenience food. Considering the growing awareness amongst consumers about the health benefits of essential fatty acids based food products, use of such product in ready-to-eat or packaged food is expected to grow over the years to come.

As per the report, omega-3 fatty acids are the most popular type of essential fatty acids, which is found in abundance in aquatic beings such fish, shellfish, krill as well as in algae and few genetically engineered plant species. Companies that are based in regions such as Latin America, Japan and the Middle East and Africa (MEA) have a better access to good quality marine based raw materials, enabling them to produce the best quality essential fatty acids. BASF SE, FMC Corporation, The Dow Chemical Company, Koninklijke DSM NV, Enzymotec Ltd., Croda International Plc, Omega Protein Corporation, Aker BioMarine AS, Polaris Nutritional Lipids, Cargill, Incorporated are some of the leading market participants profiled in the FMI report.

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Key Highlights of the Report Include:

  • By 2027-end, the global production of omega-3 essential fatty acids is expected to reach a whopping 417,518 metric tons.
  • Around 97,384 metric tons of essential fatty acids is expected to be used for manufacturing of dietary supplements by the end of 2017.
  • On the basis of source, marine animals will continue to be a key source of essential fatty acids throughout the assessment period. In 2016, essential fatty acids extracted from marine source accounted for nearly 64.4% value share of the market.
  • In terms of value, essential fatty acids in the form of oil accounted for over 50% market share in 2016 end, followed by powdered essential fatty acids. In addition, close to 309,702 metric tons of oil-based essential fatty acids is expected produced by end of the forecast period.

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Among regions, Western Europe continues to be the global leader in terms of consumption of essential fatty acids. In 2017 and beyond, Western Europe will remain as one of the key destinations for market players. Meanwhile, North America will represent the largest market for essential fatty acid, as the region accounts for a relatively higher share in terms of production.

By Product

  • Omega-3 Fatty Acid
    • ALA
    • DHA
    • EPA
  • Omega-6 Fatty Acid
    • LA
    • ARA
  • Omega-7 Fatty Acid
  • Omega-9 Fatty Acid

By Application

  • Dietary Supplement
  • Infant Formula
  • Pharmaceutical
  • Food and Beverages
  • Animal Food and Feed
  • Cosmetics

By Source

  • Marine
    • Algal and Fungus Oil
    • Fish Oil
    • Krill Oil
  • Plant
    • Chia Seed Oil
    • Flax Seed Oil
    • Others
  • Dairy Products

By Form

  • Oil
  • Syrup
  • Powder
  • Others

Licorice Root Market Size Forecast to Reach USD 1418.4 Mn by 2032|FMI

The global licorice root market is set to witness growth at a CAGR of 5.3% and top a valuation of USD 1418.4 Mn by 2032.

Licorice root extract is an essential flavouring ingredient. It is now utilised as a flavour enhancer in the food business and as a de-bittering compound in the cigarette industry to mask the off-note flavor of stevia, that has been a popular component in the marketplace till now. In the tobacco and food sectors, stevia has long been a popular sweetener.

Licorice usage has increased in recent years in the pharmaceutical companies, as it is an important component of Traditional medicinal. The marketplace for Chinese herbal remedies is fast expanding in Europe and the United States as individuals convert to organic therapies, which include more than 75% licorice roots. The consumption for licorice in the medical business is mostly driven by the increasing demand for Chinese remedies.

Licorice root extracts are often used to cure lung issues, respiration and skin disorders, hepatitis B and C, bleeding ulcer, cirrhosis of the liver, and mouth ulcers, among other ailments. Additionally, during the projection period 2022–2032, the growing usage of licorice roots for strengthening immunity is expected to provide considerable demand possibilities throughout the world.

Glycyrrhizin, a compound found in licorice root extract, has anti-inflammatory and antibacterial properties. Eczema and pimples are two skin conditions that it can help with. Due to its high concentration of strong antioxidants, it possesses skin brightening and anti-aging benefits.

Trials have revealed that licorice root extract can help fight viruses that invade the body. Its antibacterial properties assist in the battle against Staphylococcus bacteria, which causes skin infections.

Because of the growing demand for licorice and the scarcity of availability, there is a lot of space for new licorice manufacturers in proven importing nations like Europe. France, Germany, the America, China, as well as the Netherlands are the leading consumers of Licorice Root. Licorice extracts are becoming more popular as a result of their various health benefits. Regulatory constraints at all levels of the sector continue to be a major issue, despite the fact that the worldwide market for licorice root is rather easy to reach.

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Key Takeaways from Market Study

  • The licorice root market is expected to expand at CAGRs of 11.6% and 4.8% in Europe and the Middle East & Africa, respectively, through 2032.
  • The European licorice root market currently holds 28.3% of the total market share.
  • Licorice Root extracts are selling well in worldwide marketplaces, because to rising consumer demand for good nutritional foods.
  • Increased sales of licorice compounds are being driven by a growth in the number of health-conscious buyers in the country, as well as a growing desire for fresh foods, especially among country’s millennial generation.
  • The breakout of coronavirus impacted the distribution network for licorice root, resulting in a trade slump. Regulatory constraints at all stages of the sector remain a major issue.

“Licorice root producers might generate revenue if they targeted the tobacco industries. The cigarette business might potentially be a viable model for licorice root, thanks to increased desire for alternate flavoring agent throughout the world.” says a Future Market Insights analyst.

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Competitive Landscape

Licorice root producers are devoting their efforts on design and technology in aims to enhance the quality of respective products.

  • Honeywell sold M & F Worldwide entire outstanding shares of Novar USA Inc. for USD 800 Mn cash consideration, subject to a post-closing cash flow adjustment. As a result of which Novar’s successor, Clarke American, was formed through a merger.
  • Clarke American increased its direct marketing skills to incorporate customised direct marketing initiatives after acquiring Alcott Routon. The direct marketing initiatives of Alcott Routon are focused on advanced data mining and predictive models that discover elevated direct marketing possibilities.

Segments Covered in Licorice Root Market Analysis

By Product Form:

  • Roots
  • Extracts
    • Blocks
    • Powder
    • Paste
    • Others

By End-Use:

  • Food & Beverage Industry
  • Tobacco Industry
  • Pharmaceutical Industry
  • Cosmetic Industry
  • Dietary Supplements

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

Protein Ingredient Market | Scope of Current and Future Industry 2032

worldwide sales of protein ingredients, contributed by both animal protein ingredients and plant protein ingredients, will roughly account for the value of US$ 43 Bn. Demand for animal-based protein ingredients continues to be more as compared to that for plant-based protein ingredients, clearly owing to wider availability of products and nutritional profile in case of the former.

The protein ingredients market is estimated to be valued at USD 27.5 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 47.4 Bn by 2032, rising at a CAGR of 5.6% for 2022-32.

Consumption of protein-rich diet, particularly as a part of sports nutrition, is bolstering sales of protein ingredients in global market. A continuing R&D opportunity in sports nutrition in line with the plant-based dietary trend. Demand for protein ingredients is thus increasing.

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Key Takeaways – Protein Ingredients Market Study

  • Demand for ready-to-drink (RTD) beverages is increasing among the working consumers. For RTD beverages, key to success of innovation is in the beverage itself. Trends in past five years have made it evident that using vibrant colors and innovative packaging can help sell the beverage. Consumer awareness for health and wellness, demand for clean label and functionality are some of the contributing factors to increasing the demand for RTD beverages.
  • Manufactures of supplement and nutritional bars are launching unique products with additional nutritional profile and various flavors that attract customers and demand for these products is expected to increase ~8% during the forecast period.
  • Whey protein concentrate undergoes different processing as compared to isolate and hence, protein ingredient isolates have fewer carbohydrates, fats, lactose and it is highly nutritional. Isolate form of whey is typically more expensive. Taking slightly more amount of concentrates are proven to give similar results as that of isolates at lower cost.
  • Egg and egg-based products have been versatile and multifunctional in both specialty and regular food. Egg protein works efficiently with gluten-free formulations, are easily digestible and provide nutritional functionalities. Thus, helping the food formulators to develop gluten-free products.
  • Increasing consumption of food and beverage products including bakery, dairy, meat, poultry products, and breakfast cereals in developing economies and economies in transition is fueling the global protein ingredients market.
  • Due to increasing urbanization and awareness of mindful living, the consumption of protein ingredients is increasing in the Asia Pacific and Latin America.

The prevalence of diseases caused due to obesity is increasing at an alarming rate. A sizeable chunk of the population is turning health-conscious and remains focused on the consumption of protein-rich foods on a routine basis. This has been a major booster to the growth of protein ingredients market.

Manufacturers are Concentrating on Flavored Healthful Innovations

Rising demand for protein ingredients and an increasing number of small, medium and large scale manufacturers across the world are the reasons for growing the intensive competition in the protein ingredients market. To sustain the position in protein ingredients market companies are manufacturing high-quality protein ingredients with multiple benefits. The manufacturers are investing in research and development to launch innovative and unique protein ingredients based products. Manufacturers are launching multiple flavors of supplements and nutritional powders and beverages which attracts the consumers. Manufacturers are launching plant protein ingredients products for vegan and vegetarian consumers.

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Find More Insights on Protein Ingredients Market

By Product Type:

  • Animal Protein
    • Whey Protein
    • Casein and Caseinates
    • Milk Protein
    • Egg Protein
    • Gelatin
  • Plant Protein
    • Soy Protein
    • Wheat Protein
    • Pea Protein
    • Other Plant Proteins

By Application:

  • Supplements and Nutritional Powder
  • Beverages
  • Protein and Nutritional Bars
  • Bakery and confectionery
  • Breakfast Cereals
  • Meat and Meat Products
  • Dairy Products
  • Infant Nutrition
  • Animal Feed
  • Other Applications

By Form:

  • Isolates
  • Concentrates
  • Other Forms

Region:

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

Fish Oil Market Outlook Cover New Business Strategy with Upcoming Opportunity 2022 to 2032

The distribution and availability of raw materials is one of the core needs of the global fish oil market. Acquisition Approach: Strengthen acquisitions in high raw material availability regions such as Latin America and Western Europe by acquiring local companies across these markets and improve regional presence and strengthen company’s positioning in the fish oil market.

Increasing innovation across various stages of fish oil value chain mainly production level and refining due to increase in competition. Manufacturers are focusing on developing high quality fish oil products with various certifications, quality standards, grades, and product types.

The main organizations in the fish oil market are to a great extent concentrating on securing and item enhancement to keep up their intensity in the worldwide market. For example, Omega Protein Corporation, as of late gained Bioriginal Food and Science Corp., a main provider of plant and marine based strength oils and fundamental unsaturated fats in the nourishment and nutraceutical businesses. This securing empowers Omega Protein Corporation to enhance its fish oil contributions in the human sustenance item sections and upgrade its client reach. The leading companies operating in the global fish oil market are PT FKS Multi Agro Tbk, China Fishery Group Ltd., The Chemical Company, TASA (Tecnologica De Alimentos S.A.), Alpha Atlantique, Empresas Copec S.A., and Fahad Fishmeal & Oil Compan, among others.

According to the report published by Future Market Insights (FMI), the global fish oil was worth US$ 1,082.8 Mn in 2021 and is projected to touch a valuation of US$ 2,166.3 Mn by the end of 2028. The market is expected to exhibit a CAGR of 6.7% over the course of the forecast period of 2022-2032.

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Aquaculture Industry to Support Global Market Growth

Global aquaculture production is projected to witness a CAGR of 8.1% during the period 2008-2030. Some regions, in particular Latin America and the Caribbean (LAC) and Middle-East and North-African (MNA) region, would benefit proportionately more from this scenario. In contrast, North America and Japan would lose from this scenario. Stellar growth of aquaculture production would entail more fish oil use by some fish species groups, which is expected to drive fish oil price upward. Development in aquaculture, together with advancements of aquaculture farming, there has been a major resource input needed in the form of feeds (including fish oil) to sustain these aquaculture practices.

The growing demand for Omega-3 fatty acid supplements that helps in the prevention of cancer, stroke, and heart attack and is found in fish oil is also one of the reasons behind the growing demand for fish oil across the globe.

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Decrease of Fish Oil Inclusion in Aquafeed to Hamper Market Growth

There has been rise in the total global consumption of fish oil consumption globally. However, the average inclusion of fish oil in aquafeed have been on constant fall in the recent years. The major factor for the global fall in fish oil inclusion levels in aquafeed has been due to the spike in global fish oil prices in the last decade. Rise in fish oil price has been due various reasons, importantly being stagnant global supplies of fish oil, and robust industrial demand for fish oil in the major consumption countries.

Key Segments Covered

By Grade:

  • Feed Grade Fish Oil
  • Food Grade Fish Oil
  • Pharma Grade Fish Oil

By Process:

  • Crude Fish Oil
  • Refined Fish Oil
  • Modified Fish Oil

By Product:

  • Salmon Oil
  • Tuna Oil
  • Cod Liver Oil
  • Sardine Oil
  • Squalene Oil
  • Krill Oil
  • Anchovy Oil
  • Menhaden Oil
  • Others

By End User:

  • Aqua-feed
    • Crustaceans
    • Eels
    • Cyprinids
    • Marine Fish
    • Salmon & Trout
    • Tilapias
  • Food & Beverages
  • Dietary Supplements
  • Cosmetic & Beauty Products

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

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

Non-dairy Yoghurt Market to Witness a Pronounce Growth During 2022-2032

Stimulated by innovations in flavored yogurt varieties, global non-dairy yogurt market is set for an upward growth trend over the course of next decade. Expected to reach the US$ 12.2 Bn mark by 2032 end, non-dairy yogurt market will be primarily driven by rise in inclination towards the consumption of plant-based products. The trend of natural and organic is also significantly contributing to the growth of non-dairy yogurt market.

In contrast to its conventional counterpart, organic non-dairy yogurt would account for a third of global market value in 2022. This share is however expected to expand in the near future, attaining the market value of over US$ 3 Bn at the end of projection period. The demand for flavored non-dairy yogurt continues to rise owing to widespread availability and innovations in terms of taste.

Key Takeaways – Non-Dairy Yogurt Market Study

  • The demand for coconut yogurt will increase at a CAGR of ~5.8% during the forecast period (2022-2032).
  • Demand for global soy non-dairy yogurt in global market roughly equates the value of US $ 2 Bn and will account for 2/5th share in total market revenue in the near future.
  • Sales of non-dairy yogurt is foreseen to be higher in countries of South Asia and East Asia.
  • Organic non-dairy yogurt is yet to enter the mainstream.
  • Increasing demand for natural and organic plant-based food products among consumers resulted in the increased usage of non-dairy yogurt in the food and beverages industry.
  • The population allergic to nuts and seeds may remain a longstanding penetration challenge facing non-dairy yogurt market players.
  • Consumers’ choices nowadays reflect healthy and cost-effective preferences along with social and moral values, where non-dairy yogurt offers ethical and environmentally-friendly products to these consumers.

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Increasing incidences of lactose intolerance are translating into substantial demand for lactose-free, plant-based dairy products. These products that are witnessing high demand include soy yogurt, almond yogurt, coconut yogurt, oat yogurt, and rice yogurt.

What Does Competitive Landscape Analysis Reveal?

Key manufacturers are focusing to increase expenditure for research and development activities to introduce innovative non-dairy yogurt flavors. These manufacturers are also strategizing for portfolio expansion and supply chain management to improve their foothold around the world. Plant-based dairy products as a concept are practically unfamiliar in rural areas and certain cities in developing countries, are signifying comparatively low growth prospects of the non-dairy yogurt market in many countries. This scenario is anticipated to change in the next coming years on the account of macro factors which includes Internet penetration, which has been prompting the unification of media and food culture.

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Non-Dairy Yogurt Market Segmentation

Product:

  • Soy Yogurt
  • Almond Yogurt
  • Coconut Yogurt
  • Oats Yogurt
  • Rice Yogurt
  • Pea Yogurt
  • Others

Nature:

  • Organic
  • Conventional

Form:

  • Drinkable Yogurt
  • Spoonable Yogurt

Flavor:

  • Plain/Unflavored
  • Flavored

Sales Channel:

  • B2B (HoReCa & Other Food Services)
  • B2C
    • Modern Grocery Retailers
    • Hypermarket/ Supermarket
    • Convenience Store
    • Specialty Store
    • Online Retailers
    • Wholesalers
    • Other Retail Forms