Citrus Fiber Market Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2031

The citrus fiber market revenue totaled US$ 110.0 Million in 2021, according to Future Market Insights. Exhibiting a CAGR of 5.2% for 2021-31, the citrus fiber market is expected to reach US$ 184.9 Million by 2031.

Amid soaring competition, the top five players, comprising CP Kelco, Fiberstar Inc, CEAMSA, Herbafoods Ingredients GmbH, Florida Food Products Inc., and Lemont are expected to account for 41% of citrus fiber market in 2021.

Citrus fiber is often regarded as a neutral-tasting food additive that can extend the shelf life of food products. Under FDA regulations, prohibited food additives including hydrocolloids, phosphates, carrageenan, and others can be successfully replaced by citrus fiber components.

To appeal to the world’s rising health-conscious consumer base, food manufacturers are proactively working on adding citrus fiber ingredients in the production of fat-free edibles.

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In recent years, the demand for dietary fiber has grown significantly. Citrus fruits have received increasing attention from several dietary fiber manufacturers from fruit source. Citrus fruits such as orange, grapefruit, lemon and tangerines/ mandarins are rich sources of dietary fibers with a well-balanced proportion of soluble and insoluble fibers.

Key Takeaways from the Citrus Fiber Market Study

  • Food grade citrus fiber will account for 59.6% of the market in 2021, largely driven by applications as additive in the processed food industry.
  • Personal care applications will grow at above 8% CAGR aided by clean label trends sweeping       the industry.
  • Germany will hold the lead in the Europe market, accounting for over 18% of the value share in 2021, with the growth in the local feed industry.
  • The U.S. will hold over 90% of the North America market in 2021, supported by the presence of a matured food processing sector.
  • China, driven by a large consumer base, will account for over 55% of the East Asia market through the end of 2031.

Who is Winning?

Citrus fiber is primarily consumed as a functional ingredient in food and beverages, animal feed, pharmaceutical, and cosmetic industries. Emerging countries such as India, China, Indonesia, and Brazil are showing lucrative growth in food, pharma, and cosmetics applications.

Major players in the market are focusing on capacity and geographical expansion strategies in addition to collaborations with local players to bolsters production and distribution operations in untapped markets.

Some of the leading companies offering citrus fiber are Fiberstar, Inc., CEAMSA, CP Kelco, Inc., Herbafoods Ingredients GmbH, Florida Food Products, Inc., Lemont, Golden Health, FUYAN PHARM (Henan), Inc., Nans Products, and Cifal Herbal Private Ltd., among others.

Citrus Fiber Market by Category

By Grade:

  • Food Grade
  • Pharmaceutical Grade
  • Cosmetic Grade

By Source:

  • Orange
  • Tangerine/Mandarins
  • Grapefruit
  • Lemons and Lime

By Application:

  • Bakery
  • Desserts and Ice-cream
  • Sauces & Seasonings
  • Meat & Egg Replacement
  • Beverages
  • Flavorings & Coatings
  • Snacks & Meals
  • Personal Care
  • Pharmaceutical
  • Other Application

By Function:

  • Water Binder & Fat Replacer
  • Thickening Gums
  • Gelling Gums
  • Others

By Region:

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

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Key Questions Answered in the Report

  • What is citrus fiber market size?

The overall citrus fiber market is projected to surpass US$ 111 Mn in 2021.

  • At what rate did the citrus fiber market grow in the last five years?

Demand in the citrus fiber market increased at 4.3% CAGR between 2016 and 2020.

  • What are the key trends shaping the citrus fiber market?

Market players are likely to focus on exploring potential new applications for previously untapped revenue streams.

  • What is the share of the leading citrus fiber companies?

Leading citrus fiber companies include CP Kelco, Fiberstar Inc, CEAMSA, Herbafoods Ingredients GmbH, Florida Food Products Inc., and Lemont, who cumulatively account for 41% of the market.

  • At what rate will the demand rise in the Europe citrus fiber market?

The Europe citrus fiber market is expected to rise at a CAGR of 4.1% between 2021 and 2031.

  • Which are the top five countries driving citrus fiber market demand?

Leading countries driving demand in the citrus fiber market are the U.S., Germany, China, France, and the U.K.

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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Frozen Mackerel Market (Covid 19) Outbreak: Trends Together With Growth Forecast To 2031

According Future Market Insights analysis, frozen mackerel market is set to expand at 5.8% CAGR between 2021 and 2031. COVID-19 spurred a surge in demand as consumers exhibited higher inclination for healthy eating.

Driven by this, frozen mackerel sales grew by 5% between 2020 and 2021. Against this backdrop, FMI projects the frozen mackerel market valuation to surpass US$ 1.05 Bn in 2021.

The demand for frozen mackerel derived from aquaculture will continue rising, propelled by its high yield at low cost. Despite this, wild catch is expected to account for over 55% of frozen mackerel sourced by 2031.

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Food service applications are among the fastest growing sales channels for frozen mackerel. Over 75% of seafood consumers, from millennials to baby boomers felt the need for consuming sustainable food. Owing to this, the demand for seafood derived from well-managed sources rather than oceans has grown.

This indicates the readiness of the seafood consumers to accept the change of sources of their food, which also is reflected in their eating habits. Using frozen mackerel also helps restaurants in maintaining menu transparency, thereby aiding their growth. Spurred by these factors, frozen mackerel sales will continue rising through the course of the forecast period.

Key Takeaways from the Frozen Mackerel Market Study

  • Horse mackerel will continue leading the market with a share of 55% in 2021. Their easier availability in larger stocks will aid expansion in this segment.
  • Whole round mackerel products dominates as top-selling type. It will account with a share of 39% in the year 2021, driven by advantages in logistics and shelf life.
  • Inclusion of mackerel in menus, rising disposable income, and increasing awareness about health benefits are driving sales in the U.S. frozen mackerel market. It is estimated to be valued US$ 35.6 Mn in the year 2021.
  • China will a value share of 42.9% in East Asia market in 2021. However, it is expected to lose ground to Japan and South Korea in East Asia by the end of 2031.
  • Thailand will hold over 30% of the South Asia market in 2021, reflecting growth at a CAGR of 6.4% through the end of the assessment period.

Organic Frozen Mackerel Gaining Traction

Increasing awareness regarding health and wellness is increasing scope for expansion across the globe. Consumers are becoming cautious about ingredients used as well as the source of ingredients in food products. The addition of chemicals or additives, has become a matter of concern as consumers are at wary of adverse reactions.

Consequently, they are exhibiting greater preference for natural and organic products. The production of organic frozen mackerel is limited. Products that are chemical-free, all natural, or organic are increasingly in demand, especially in the U.S. and Europe markets.

Organic and chemical-free mackerel is at new in the frozen product portfolio and is found to be beneficial for health. Driven by this, manufacturers are focusing on certifications to help gain the trust of consumers and offer greater transparency regarding ingredients used.

Who is Winning?

Frozen seafood products account for almost one third of all seafood consumed worldwide, with finfish accounting for slightly more than half of all fresh and frozen items. Players in the frozen mackerel market are striving to develop novel product offering for ready-to-cook frozen mackerel with products like skinless and boneless fillets of frozen mackerel.

Some of the leading companies offering Frozen Mackerel are Ocean Treasure, Kihada Fisheries Co., Ltd, Seven Star Ocean Fisheries Limited, Pinetree Vietnam Company Limited, Subo International Holland, Oman Fisheries Co.S.A.O.G, LONGSHENG AQUATIC PRODUCTS CO.,LTD, Lotana LV LTD, DAISUI CO.,LTD, SARMA FISH S.A.R.L and other.

Frozen Mackerel Market by Category

By Species

  • Horse
  • Pacific

By Source

  • Wild Catch
  • Aquaculture

By Type

  • Whole Round
  • HGT
  • Fillet
  • Others (flap,Etc)

By Sales channel

  • Direct Sales
  • Retail Sales
    • Modern Trade
    • Convenience Stores
    • Specialty Food Stores
    • Wholesale Stores
    • Discount Stores
    • Online Retail
    • Other Retail Formats

By Application

  • Food Industry
  • Pharmaceutical Industry
  • Animal Feed
  • Pet Food
  • Food Service
  • Retail

By Region

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

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Key Questions Answered in the Report

  • What is frozen mackerel market size?

Driven by sustainable fishing and consumer health concerns, the global frozen mackerel market is likely to value US$ 1,054.1 Mn in 2021 and it is expected to reach US$ 1,858.0 Mn in 2031.

  • At what rate did the frozen mackerel market expand in the last five years?

According to FMI’s analysis, frozen mackerel sales have grown at 4.4% CAGR between 2016 and 2020.The market’s valuation stood at over US$ 1 Bn in 2020.

  • What are the key trends shaping the frozen mackerel market?

There is increasing focus on sustainable fishing and aquaculture in the market. Companies are currently focusing on the logistics for frozen foods. Besides this, marketing efforts and different cuts and flavorings are gaining traction.

  • What are the key factors driving frozen mackerel market demand?

Key factors fuelling the demand for frozen mackerel include better yield from selective breeding programs, increasing consumption of protein-based food products, and health benefits associated with consumption of mackerel.

  • What is the cumulative share of top five companies in the frozen mackerel market?

According to FMI analysis, over 5% of the market share is covered by Ocean Treasure, Kihada Fisheries Co., Ltd, Subo International Holland, Seven Star Ocean Fisheries Limited, and Pinetree Vietnam Company Limited.

  • Which are the key exporting countries of frozen mackerel?

China, Japan, Norway, Denmark, and Mauritania are the key exporters of frozen mackerel.

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,
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United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com

Xylooligosaccharides Market to Grow by 6% through 2031 amid Increasing Incorporation of Probiotics in Animal Feed: FMI

As per a recent market analysis by Future Market Insights (FMI), the global xylooligosaccharide market is set to expand at 6% CAGR, reaching US$ 66.7 Mn by 2032.

Increasing awareness regarding high-quality food that promote a healthy lifestyle is propelling sales of animal derived food items such as dairy products and meat. Driven by this, sales in the animal feed industry are projected to increase.

Furthermore, millennials have become better aware about health, resulting in higher spending on nutritious and protein-rich foods, which in turn is spurring demand for nutrition-rich animal feed. This also will give impetus to the sales of xylooligosaccharide in the coming years.

In addition to this, the HoReCa sector is exhibiting high demand for animal derived products. As a result of the rising consumption of animal-based food products, demand for nutritional meat is on the rise, which is expected to continue fueling sales in the market over the assessment period.

According to the Organization for Economic Co-operation and Development (OECD), developing countries are projected to witness a five-fold increase in meat consumption compared to developed countries because of the high population and economic development.

Driven by the aforementioned factors, the global xylooligosaccharides market will expand at a considerable pace over the assessment period.

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Key Takeaways:

  • The Europe xylooligosaccharide market is currently pegged at 1,678 Metric tons.
  • Based on product type, demand in the livestock segment is projected to increase at a 4.3% CAGR.
  • In terms of form, sales in the dry segment will continue gaining traction through 2032.
  • The U.S. will continue dominating the North America xylooligosaccharides market amid surging demand for animal derived products in the country.
  • China will account for a lion’s share in the East Asia xylooligosaccharides market due to the presence of vast livestock and agriculture sectors.

“Manufacturers of xylooligosaccharide are likely to capitalize on opportunities prevalent in the animal feed industry due to the rising demand for healthy feeds for livestock including poultry, equine, and others as it helps in improving gut health in animals. The pet food industry will also emerge as a potential market for xylooligosaccharide, which is attributable to the growing adoption of dogs and cats as family pets around the world,” says an FMI analyst.

Competitive Landscape

Key manufacturers in the of xylooligosaccharide market are focusing on research & development to improve the quality of their products. They are also participating in various exhibitions and events around the world to increase the awareness of their products along with maintaining long-term relations with clients. For instance:

  • Van Wankum Ingredients maintains a long-term partnership with customers and principles across the world by retaining a consistent focus on quality and services.

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More Insights into the Xylooligosaccharides Market Report

By Form:

  • Liquid
  • Dry

Product Type:

  • Pet
    • Cat
    • Dog
  • Livestock
    • Cattle
    • Poultry
      • Broilers
      • Turkey
      • Layers
    • Equine
    • Swine

Region:

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

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

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Interesterified CBE Market Growth, Future Prospects And Competitive Analysis 2022 to 2032

The interesterified CBE market is expected to witness growth at a CAGR of 4.7% and reach a valuation of US$ 387.1Mn by 2032.

The interesterified CBE is primarily used to produce oil mixes and butter, particularly margarine. It’s extensively used to formulate products used in culinary and personal care. These industries bring in maximum revenue generation for interesterified CBE.  People are more conscious about ingredients sourced to produce food products. Shift in consumer behaviour towards low-fat products to maintain healthy lifestyle is expected to positively affect the demand for interesterified CBE products. Intake of these products is beneficial for patients suffering from high blood pressure or planning to lose weight.

Interesterified CBE is used in preparation of nutritious beverages which help in boosting immunity against infections. One of the key driving factors is easy availability and affordability of raw material used for processing CBE. And so it is also used in chemical industry as a substitute for paraffin wax. Widespread applications of interesterified CBE is expected to propel the demand for interesterified CBE in the market.

North America is expected to witness surge in demand for interesterified CBE due to consumer awareness regarding benefits of low-fat diet and willingness to spend on such products. Europe is expected to contribute maximum revenue due to changing dietary habits and easy availability of trans-fat free products manufactured by key players in UK and Germany.

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Key Takeaways from Market Study

  • The interesterified CBE market is expected to increase at CAGRs of 4.3% and 3.6% in North America and the Latin America, respectively, through 2032.
  • Europe is expected to account for 18% market share during assessment year.
  • The South Asia interesterified CBE market is expected to reach USD at 44.02Mn
  • Growing customer preference for trans-fat free products is driving sales of interesterified CBE in market globally.
  • By application, the food processing industry holds the highest market share and is expected to increase at a CAGR of 5.6%.

“Manufacturers are focusing on developing new technologies to modify physiological properties of lipids to formulate products with low-fat content that enable consumers to maintain good health in long run. Key strategies adopted by key players are mergers, acquisitions to penetrate untapped markets.” says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of interesterified CBE are focusing on research & development to offer different t products with no chemical additives. Key players are collaborating and developing new product lines to penetrate untapped markets

  • AAK AB (publ.) has bought the remaining 31% of the shares in AAK Kamani, a joint venture between AAK and Kamani Oil Industries Pvt Ltd, to expand its position in the strategic and fast-growing Indian market.AAK is a renowned provider of vegetable oils and fats. Company has a strong background in lipid technology in food and special nutrition applications and offers groundbreaking solutions for wide-ranging industries from Chocolate & Confectionery, Plant-based Foods, Bakery, Foodservice

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global reduced fat butter market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Interesterification Process:

  • Chemical
  • Enzymatic

By Source:

  • Palm Oil
  • Sal
  • Illpe
  • Shea/ Shea Nut Oil
  • Kokum Gurgi
  • Mango Kernel
  • Coconut Oil
  • Sunflower Oil
  • Soybean Oil
  • Canola Oil

By End-Use Application:

  • Food Processing
  • Pharmaceuticals
  • Cosmetics and Personal Care

By Region:

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

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

Website: https://www.futuremarketinsights.com/

RTD Cocktail Market Will Grow at 11.6% amid Rising Popularity of Indoor Social Gatherings Post Pandemic: FMI

The global RTD cocktail market is projected to expand at 11.6% CAGR, reaching US$ 104.9 Bn in 2032.

RTD cocktails share the stage with low-alcoholic beverages that were introduced in the market for health-conscious consumers or consumers that are avid drinkers but have medical conditions (diabetes, obesity).

Owing to various factors such as house party culture, health concerns, convenience, and wide range of product portfolio, sales in the RTD cocktails market are expected to grow at a considerable pace over the forecast period (2022-2032).

Surging demand for low calorie beverages is influencing the demand for RTD cocktails. In response to this, players are launching low calorie and low ABV (alcohol by volume) drinks and are introducing flavours made from natural ingredients.

Cocktail manufacturers are bringing sophisticated flavors on the table such as Bergamot Sparkler, Classic Gin Martini, Spumante Molto Rosso, and others to give an elegant touch and complement it with other traditional and organic flavors.

Additionally, key players are trying to leverage social media marketing by promoting their products on Instagram to appeal the millennial population. Such marketing strategies and innovative solutions will boost the market in the forthcoming years.

“Growing demand for natural ingredients and low-sugar content in beverages, along with increasing focus on convenience, portability and easy accessibility of RTD beverages are key trends anticipated to drive the market over the forecast period,” says the FMI analyst.

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Key Takeaways:

  • By product type, the vodka segment is expected to account for 20% of the total market share in 2022.
  • In terms of flavor, citrus and ginger flavored cocktails together are expected to hold a value share of nearly 43% of the global market by 2022 end
  • The canned RTD cocktails segment is expected to account for 54% of the global market in 2022.
  • Sales in the U.S. will command 78% of the total RTD cocktail market share by 2032.
  • China will continue exhibiting high demand, holding 55% of the total market share in 2022.
  • India will emerge as a lucrative market, with sales growing at a 11.6% CAGR over the forecast period.

Competitive Landscape

Manufacturers of RTD cocktail are majorly focusing on research & development, product innovation, geographical expansion, partnerships and mergers and acquisitions to cater to a growing customer base. For instance:

  • In 2020, Blue Marble introduced nine new mixed drinks such as Mojito, Greyhound, Moscow Rule, and others which are prepared using natural juices, premium distilled spirits, and handmade syrups with very low level of calories.
  • In 2020, Cocktail Squad launched its new collection of zero sugar classy casuals product line which could be enjoyed during all four seasons.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global RTD cocktail market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Product Type:

  • Cider
  • Gin
  • Vodka
  • Wine
  • Whiskey
  • Rum
  • Hard Seltzer
  • Cocktail

By Flavor:

  • Natural/Unflavored
  • Flavored
    • Citrus
    • Ginger
    • Apple
    • Vanilla
    • Berry
    • Tropical
    • Coconut
    • Jerk
    • Plantain
    • Mixed Fruits

By Packaging:

  • Bottle
  • Can

By Sales Channel:

  • On-Trade/Food Service
  • Institutional Sale
  • Retail
    • Hyper market/Supermarket
    • Convenience Store
    • Specialty Stores
    • Liquor Shop/Beverage Exclusive
    • Airport Retail
  • Online Retail

By Region:

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

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

Website: https://www.futuremarketinsights.com/

Fish Based Pet Food Market to Surpass US$ 16,213.2 Mn as Demand for Pet Food with High Nutritional Value Grows Globally

The global fish based pet food market is set to witness growth at a CAGR of 4.9% and top a valuation of US$ 16,213.2 Mn by 2032. Growing demand for new snacks, foods, and dining experiences for their pets, along with long-term health benefits from food products is boosting the fish based pet food market.

Pet owners have become increasingly aware about the health requirements of their pets. They are also willing to spend on food with wholesome nutrients. Besides this, growing focus on ascertaining long-term health of pets will drive the sales of fish based pet food.

Furthermore, manufacturers are introducing pet food that addresses common health concerns in pets such as bad breath, skin issues, sensitive stomachs, allergies, kidney disease, and others. This led the fish based pet food industry to change from simple products that target adult pet maintenance to an improved high energy, nutritious, and specially fortified product focus.

In line with giving pets a custom and raw meal, key manufacturers of fish based pet food products are launching different innovative and all-rounder solutions like supplements, which are available for mixing with raw materials or to be taken additionally by pets in order to meet the nutritional needs and fulfilling the diet.

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 Key Takeaways from Market Study

  • The fish based pet food market is worth of US$ 10,058.1 Mn sales in 2022.
  • The fish based pet food market is poised to expand at CAGR of 6.6% and 6.9% in East Asia and South Asia, respectively, through 2032.
  • Market share of fish based pet food in North America and Europe are 34.3% and 25.3%, respectively, in 2022.
  • The Oceania fish based pet food market is exhibiting growth at 8.4% CAGR over the forecast period.
  • In terms of nature, organic fish based pet food segment is projected to expand at 6.2% CAGR through the forecast period.
  • Based on products, dry type is expected to account for market share worth 38.9% in 2022.

“Fish based pet food manufacturers are introducing new tastes and innovative packaging while bringing in new products with different formulations that offer functional health benefits to pets. This is expected to create lucrative opportunities for the key players,” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers in fish based pet food market are primarily focusing on research and development to expand their product portfolio and enhance the quality of pet food. They are also emphasizing on expanding their regional footprint to gain competitive edge in the fish based pet food industry.

For instance,

  • Purina® Pro Plan offers several excellent choices for fish dog foods with SAVOR®, a rice and shredded blend salmon formula, which contains huge amount of antioxidants and high quality and real salmon fish as the first ingredient to provide a healthy immune system to pets.
  • The company also provides feed grain free product, ‘NATURAL Plus Essential Vitamins and Minerals Grain Free Tuna & Egg Formula’, in which tuna is the first ingredient, and this formula is made without wheat, corn, or soy, which is a poultry by-product meal without any added artificial flavors, colors, or preservatives.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global fish based pet food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Dry
  • Wet
  • Treats & Chews
  • Others

By Pet Type:

  • Cat
  • Dog
  • Birds
  • Others

By Packaging:

  • Pouches
  • Bags
  • Folding Cartoons
  • Tubs & Cups
  • Can
  • Bottles & Jars

By Distribution Channel:

  • Store-based retailing
  • Online Retailers

By Region:

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

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

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Agricultural Adjuvant Market Will Grow at 6.2% through 2032 amid Surging Demand for High Quality Cereal Crops: FMI

Sales in the global agricultural adjuvants market are expected to grow at a steady 6.2% CAGR over the forecast period, reaching US$ 6.2 Bn by 2032.

Increasing industrialization and colonization across the globe is reducing cultivable land. To fulfil the rising demand for food, farmers are seeking effective ways to increase crop yield, which, in turn, is spurring demand for agricultural adjuvants.

Adjuvants are added to pesticides to improve spray retention and droplet drying. The reaction between herbicide adjuvants and herbicide activity depends on various factors like leaf surface, adjuvant type, herbicide chemical form and external weather conditions. Key players in the market are launching new variants by developing formulations to improve their efficacy to limit herbicide leaching in groundwater.

Some types of agricultural adjuvants available in the market are surfactants, oils, compatibility agents, buffering and conditioning agents, defoaming agents, deposition agents, and drift control agents.

The availability of different types of adjuvants is expected to propel the demand for function-specific adjuvants in the market. Further, as adjuvants do not have any pesticide properties, their usage is not governed by the US Environmental Protection Agency regulations. This is expected to widen the scope of applications of agricultural adjuvants.

Further, rapid adoption of advanced technologies in agricultural industry such as precision farming is expected to boost the demand for agricultural adjuvants. As per FMI, North America is expected to emerge as the most lucrative market, followed by Europe and Asia Pacific.

“Rising awareness regarding wastage of pesticides and their negative environmental impact is spurring demand in the market. In addition to this, wide availability of target-based adjuvants will continue propelling sales over the assessment period,” says the FMI analyst.

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Key Takeaways:

  • Based on the crop type, sales in the cereals segment are projected to increase at a 5.6% CAGR though 2032.
  • In terms of application, demand for herbicides adjuvants will gain traction at a considerable pace.
  • The U.S. will emerge as a lucrative market, accounting for 24% of the total market share over the forecast period.
  • Sales in the U.K. will account for a dominant share in the Europe agricultural adjuvants market through 2032.
  • Demand in the India agricultural adjuvants market will account for 18% of the total market share.

Competitive Landscape

Key manufacturers operating in the agricultural adjuvants are focusing on research & development to offer different effective formulations. Besides this, players are collaborating and investing in mergers and acquisitions to gain a competitive edge in the market. For instance:

  • BREAK-THRU® SD 260. is the first solid, water-soluble trisiloxane on the market is which is ideal for solid pesticide formulations (WP/WDG). It is used in biopesticide WP formulations, to simplify the manufacturing of solid pesticide formulations, makes trisiloxane available for solid pesticide and solid microbiological formulations, which can be used as a tank mix adjuvant.

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Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global reduced fat butter market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights into the global agricultural adjuvants market based on the product type (activator adjuvants, oil adjuvants, surfactants, utility adjuvants), application (fungicide adjuvants, insecticide adjuvants, herbicide adjuvants) crop type (cereals, oilseeds, fruits & vegetables) across seven regions.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

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Carmine Color Market Will Gain Traction at 7.9% amid Growing Preference for Natural Food Ingredients: FMI

According to an analysis by Future Market Insights (FMI), the carmine color market is expected to be valued at US$ 35.5 Mn in 2022, growing at a 7.9% CAGR through 2032.

Shifting consumer preference towards natural flavoring agents in food products is expected to fuel sales in the market. Manufacturers are using organic ingredients in packaged food products to keep up with the growing demand, which is encouraging product developments in the market.

Sales are also expected to be driven by the increasing availability of food and beverage products in the HoReCa sector. In addition to this, manufacturers’ development of various new technologies for creating water-miscible solutions for beverage products is likely to boost sales in the beverage sector.

Further, increasing preference for organic ingredients in pet food is expected to drive the market over the assessment period. Consumers are getting more concious about the ingredients used in pet food to avoid indigestion in dogs and cats. The trend is expected to continue over the forecast period, thereby fueling the growth in the market.

“Growing applications of carmine color in plant-based meat products, along with expansion of the food & beverage sector in emerging economies is expected to drive the market in the forthcoming years,” says the FMI analyst.

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Key Takeaways:

  • The U.S. is estimated to account for more than 85% of the North America carmine color market in 2022.
  • Germany is expected to dominate the Europe carmine color market holding more than 20% share in 2022.
  • Sales in the China carmine color market are forecast to hold 30% of the APAC market share over the forecast period.
  • India will emerge as a lucrative market, with sales growing at a 9.6% CAGR over the forecast period.
  • Based on nature, sales in the conventional segment are forecast to account for 90.9% of the total market share in 2022.
  • In terms of applications, demand in the meat, poultry, fish, & eggs segment will grow at a 7.1% CAGR over the forecast period.

Competitive Landscape

Some of the leading companies offering carmine color are Chr. Hansen Holding A/S, Naturex, colorMaker, Inc., BioconColors, The Hershey Company, DDW The Color House, Sensient Colors LLC, Proquimac, Amerilure, Inc., ColorMaker, Inc. and Others.

Key players operating in the carmine color market are investing in research and development to expand their global presence. They are also using innovative technologies to improve the product quality. Besides this, investments in smart labelling, healthy ingredients, attractive packaging and exotic flavors are expected to remain high. For instance:

  • In April 2018, Chr. Hansen expanded production facilities for natural colors in North America. The aim behind the expansion was to strengthen the company’s supply chain capabilities to deliver natural color solutions to current and future customers.

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Get Valuable Insights into Carmine Color Market

Future Market Insights, in its new offering, provides an unbiased analysis of the carmine color market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the demand for carmine color on nature (organic, conventional), application (beverage, bakery, snacks, & cereal, candy/confectionery, dairy, fruit preparations/fillings, meat, poultry, fish, & eggs, potatoes, pasta, & rice, sauces, soups, & dressings, seasonings, and pet food) across seven major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania and MEA).

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

Website: https://www.futuremarketinsights.com/

Foundation Repair Services Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2027

According to a recent report by Future Market Insights (FMI), the foundation repair services market is expected to surpass a valuation of US$ 2,523.5 Mn in 2020 and at a CAGR of approximately 2.7% through 2027.

The construction industry makes the biggest application sector for the foundation repairing services market and is increasing at the rate of around ~5%-8% globally which has led to the increase in the sales of foundation repair services worldwide.

As there is a decent demand for construction business all over the world, it has led to the demand for construction and material testing equipment hand-in-hand. Another driver for the market would count to be the increasing demand for better infrastructure all around the world which has led to an increase in the demand for repairing, restoration and other services. The foundation repair services market is expected to witness significant value growth during the forecast period owing to increasing urbanization and demand for constructing proportional structures into the market.

The time to time maintenance and restoration of the buildings by the owners helps keep the revenue rolling. This helps generate a certain part of the revenue for the foundation repair services market every year. Increasing demand for foundation repair services the fields like mining, dam construction, office construction and others has also led to the growth of the foundation repair services market.

This has brought new application areas for the sales of foundation repair services. The education and training institutes have been a driving sector for the foundation repair services market as these institutes are using the foundation repair services at particular time intervals for purpose of safety, maintenance and renovation. As these training and teaching institutes are increasing globally, it has led to the growth of foundation repairing services globally.

Key Takeaways from the Foundation Repair Services Market Study

  • The commercial segment in the market does not witness a frequent demand for foundation repair services as the type of foundation laid is mostly deep (pier foundation and pile foundation).
  • Besides this, the design and construction of commercial buildings is done under the proper supervision of a specialized engineer, making it less prone to errors and failure. Thus, the commercial segment held a comparatively lower market share and is expected to exhibit a lower growth rate, during the forecast period.
  • Increasing changes in the weather conditions globally are expected to be major causes for the failure of a foundation across the globe, and, thus, expected to be a factor impelling the demand for foundation repair services.
  • The Jilin chemical explosion, the Bhopal gas tragedy, the Tennessee coal ash spill, the Sidoarjo mud volcano, the Gulf War spill, the Deep-water Horizon oil spill, the Guiyu e-waste dump in China, the Exxon Valdez oil spill and the Baia Mare water cyanide contamination are some of the disasters that have occurred due to the mistakes of mankind. Thus, the occurrence of man-made disasters is expected to drive the foundation repairing services market during the forecast period.

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Impact of COVID-19 on the Market

The outbreak of novel coronavirus has had a significant impact on the construction industry, which is sensitive to economic cycles. The pandemic has severely disrupted the global economy and trade. Also, the coronavirus has affected households, financial institutions, businesses, infrastructure companies and industrial establishments.

The construction, repairing, engineering, architectural and many projects around the globe have been jeopardized in various ways by the pandemic and even many projects have closed. As a result, construction industries and the foundation repair service market has faced financial recession in almost all regions and has created unemployment.

Who is winning?

Leading manufacturers of foundation repair services are focused on aggressive promotional strategies and advertisements that have driven sales growth of foundation repair services globally.

Major players present in the foundation repair services market are BASIC FOUNDATION REPAIR, Foundation Repair Services, Inc., Connecticut Basement Systems, Eric’s Concrete & Masonry Services Ltd., Dwyer Companies, Supportworks, Inc., SOS Foundation Repair, GROUNDWORK, MASTER SERVICE COMPANIES, RAM JACK SYSTEMS DISTRIBUTION, ADVANCED FOUNDATION REPAIR, BDRY, Maryland Building Industry Association, ARIZONA FOUNDATION SOLUTIONS, DFW FOUNDATION REPAIR SERVICES, and ESOG among others.

DSL Tester Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2027

As per the latest report by Future Market Insights (FMI), the global DSL tester market is estimated to grow at a CAGR of over 5% throughout the forecast period. Worldwide sales of DSL testers were closed in at a valuation of US$ 1,008.9 Mn in 2018, adds the report. Rising deployment of DSL tester across multiple industries, including telecommunication, electric power, internet services, and others, is a key pacesetter of DSL tester market growth. Rising demand for tracing network cabling faults is another key factor pushing growth of DSL tester market in 2019 and beyond.

As per the report, ever-evolving demand for additional bandwidth to support video, gaming, and streaming content is necessitating high adoption of testing equipment, thereby driving DSL tester market. The DSL tester market is estimated to witness exponential growth during the forecast period, on account of a burgeoning number of internet handlers spreading across the globe. Moreover, a rapid increase in the number of subscriptions to internet services is estimated to boost the demand for DSL testers in the forthcoming years.

Product Differentiation Trending in Competitive Landscape of DSL Tester Market

In line with the increasing use of broadcast video services or multicast, video streaming, and other applications, vendors of DSL testers are vying to offer distinguishable products with operational efficiency and performance stability. This is resulting in a massive influx of new and advanced products in the DSL tester market, paving favourable growth avenues for DSL tester market.

To meet consumer demand, the key manufacturers of DSL testers are concentrating on improving their products and announcing several upgrades to gain an edge over their competitors. Moreover, the vendors of DSL testers are focusing on providing cost-effective and high-performance instruments. Furthermore, vendors are launching DSL testers with multiple functions, better capability, and handheld instruments for refining the standard of testing flaws in wiring or cabling.

For example, in 2018, VIAVI Solutions Inc., one of the prominent US-based vendors of DSL testers, launched a modular field DSL tester with multiple touch instrument, which is inspired from smart phones. This device contains vectored pairs, copper, POTS, and coax/HPNA.

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Manufacturers Focus on Technological Advancements to Boost Product Positioning

The DSL tester market is gaining traction over the past few years owing to the availability of technically advanced DSL testers. Technological improvements, such as DC voltage measurements, network scanning, and other improved features of DSL testers, are expected to boost sales of DSL testers at a significant rate. As per the report, North America holds a significant share in the field of DSL testers owing to strong presence of telecommunication and internet service providers spread across the region. Moreover, the presence of the prominent players of DSL testers in the North America region is further catalysing the growth of the regional market.

According to FMI analysis, EXFO Inc., Agilent Technologies, and VIAVI Solutions Inc. are among the key manufacturers of DSL testers. Manufacturing and providing a wide range of DSL tester to customers as per the industry requirements are among the key strategies followed by these leading players to capture a significant share of the DSL tester market.  Few other prominent manufacturers of DSL testers profiled in the report are Emerson Electric Co., Spirent Communications, 3M, Keysight Technologies, Riser Bond Instruments, Shandong Senter Electronic Co., Ltd, T & M TOOLS CO., Limited, JDSU Acterna, Klein Tools, Inc., and ARGUS.

Key Segment

Based on Modularity Type

  • Handheld
  • Portable DSL Tester

Based on End Use

  • Internet Service Providers
  • Telecommunication
  • Electric power
  • Other Industries

Based on Region

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