Market Research Blog

Vegetarianism has become increasingly common in recent years around the world. This development is likely to have an effect on demand for plant-based products including plant-based proteins, such as hexane-free protein, finds Future Market Insights (FMI) in a new study.

Due to the growing vegan movement, plant protein has become a substitute for other proteins such as animal proteins, egg protein, and others. As people consciously follow more humane and sustainable lifestyles, the number of vegans around the world has risen significantly. The demand for natural and vegan products has increased as a result of this trend. This also had a positive impact on the hexane free protein market, enabling it to reach a valuation of US$ 102.9 Mn by 2021.

Driven by increasing focus on health and wellness, the demand in the energy and sports nutrition industry is expected to rise. It is in fact predicted to remain the dominant end user, accounting for over half of the sales in the global market.

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North America Continues Favoring Expansion

Domestic botanical food producers in the U.S. and Canada face less stringent regulatory requirements. Although the FDA has described the term “botanicals,” and it does not control their production in the United States. Manufacturers have also opened domestic outlets for the selling of botanicals and botanical foods in Canada. These developments are considered crucial for growth of hexane-free protein market in North America.

Key Takeaways from the Hexane-free Protein Market Study:

• Rising focus on health and wellness will drive growth in the global hexane-free protein market at 9.6% CAGR
• The consumers in the U.S. are exhibiting high focus on health and wellness. This has sealed America’s dominance. The U.S. is expected to account for over 80% of sales in North America
• The expansion of the food and beverages sector will enable the U.K. market register a little below 10% y-o-y growth in 2021
• While Germany is forecast to dominate hexane-free protein sales in Europe, the Spain market will register a higher rate of growth
• China will account for over half of sales registered in East Asia, as consumers increasingly look for plant-based protein alternatives

Plant-based Products Gaining Popularity

People nowadays are more likely to consume vegan goods. According to the SPINS survey, plant-based food retail sales in the United States increased by 11.4 percent to $5 billion last year. People are avoiding using animal products as a result of growing concerns about personal health and animal welfare. Companies must mark their products according to strict criteria and organic standards.

Organic food products, for example, must be labeled if they are 100 % approved or contain only organic ingredients. Consumers seeking goods with various health and nutritional benefits will be satisfied by the availability of this information. Furthermore, the growing number of private label brands and high marketing and advertising expenditures for organic goods invoke a sense of legitimacy to purchase the product, as customers are increasingly willing to pay more for premium or natural products with high nutritional content.

Who is winning?

Some of the leading companies offering Hexane-free Protein are Axiom Foods, Inc., Nutiva Inc., Now Health Group Inc., ABF Ingredients, Ingredion Inc., Cargill Inc., New Protein Global Inc., Milk Specialties Global, Merit Functional Foods, and others

To meet a large customer base, hexane-free protein manufacturers are focusing on selling goods through various online retailers. Food and beverage goods must meet the quality expectations of consumers and comply with regulations since they are often perishable.

Hexane-free protein Market by Category

Product Type

• Isolate
• Concentrate
• Flour

Form

• Powder
• Syrup

End Use

• Beverages
  • Dairy-based Beverages
  • Functional Beverages
  • Others
• Cosmetics & Personal Care
• Breakfast Cereal & Cereal Bars
• Energy & Sports Nutrition
• Bakery Products
• Dairy Products
• Others

Region

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

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Key Questions Answered in the Report

• Which is the most lucrative market for hexane-free protein?

Europe is the largest market for hexane-free protein, accounting for 50.6% of the total global hexane-free protein market.

• In which form is hexane-free protein preferred more?

Powder form of hexane-free protein accounted for US$ 102.9 Mn market value in 2021 and expected to grow at a CAGR of 9.6% during 2021-2031. It is also expected to remain the more preferred form of hexane-free protein through the course of the forecast period.

• Which are some of the leading companies offering hexane-free protein market?

Some of the leading companies offering hexane-free protein are Axiom Foods, Inc., Nutiva, Inc., ABF Ingredients, Cargill Inc, Ingredion Incorporated, Austrade, Inc., Now Health Group Inc., New Protein Global Inc., Merit Functional Foods, and others.

• Who is the leading end user of hexane-free protein?

The energy & sports nutrition account for maximum sales of the hexane-free protein. It is expected to remain the key end user through the coming years.

About FMI:

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

Contact Us:                                                      

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Rising focus on health and fitness are attracting consumers towards products that contain less amount of calories. On the back of this factor, there is increase in consumption of sweeteners such as isomaltulose. According to a study by Future Market Insights (FMI), isomaltulose sales will continue rising, enabling the market reach an overall valuation of US$ 711.1 Mn by 2021.

The metabolic effect of isomaltulose is more favorable for those with type 2 diabetes than sucrose, as isomaltulose has opposing release profiles of the gut hormones GIP and GLP-1. Isomaltulose in the intestine decreases GIP secretion, increases GLP-1 secretion, while at the same time maintaining a certain level of insulin secretion, thus avoiding extreme blood glucose fluctuations.

As for the regulation of the metabolism of blood glucose, isomaltulose is more suitable than typical table sugar. This encourages customers to opt for isomaltulose products over table sugar. As a result of these factors, food grade isomaltulose will remain highly sought-after. According to FMI, food grade isomaltulose will account for over 90% of sales in the market in terms of grade

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Key Takeaways from the Isomaltulose Market Study

• Isomaltulose market will register a CAGR of 5.3% between 2021 and 2031, driven by increasing inclination for sugar alternatives among consumers
• As a result of rising prevalence of obesity and diabetes, consumers in the U.S. will showcase high demand for sugar alternatives. This will catapult the U.S. to the fore, enabling it to account for over 90% of the North America isomaltulose market.
• Demand in the U.K. will be driven by increasing focus on health and wellness. The rising incidence of cardiovascular ailments will create opportunities for sales, enabling the U.K. market to exhibit above 3% y-o-y growth in 2021
• In terms of revenue, the China dominated the East Asia Isomaltulose market with a share of 70.5% in 2021
• Within Europe, Germany, France, and Italy will showcase considerably high demand

Clean Label Food Products Gaining Traction

Over the last few years, demand for clean label food has seen a significant increase across the globe. Increasing consumer understanding of the medical benefits of products that contain natural ingredients and solid support by worldwide ingredient manufacturers in developing these products are major factors driving demand for clean label ingredients, as these are manufactured without using chemicals, additives, and artificial ingredients, and minimally processed. Willingness to pay a premium for products that offer health benefits is higher in emerging markets than anywhere else. The most desirable qualities include products that are GMO-free, have no artificial coloring / flavors, and are all natural while also helping to meet essential nutritional needs.

Who is winning?

A few of the leading players operating in the Isomaltulose market Cargill Inc, Anhui Elite Industrial Co.,Ltd, Merck KGaA, Now Foods, BENEO GmbH, ErgoNutrition, Qingdao Oriental Tongxiang International Trading Co.,Ltd,  and Others.

BENEO’s scientifically validated functional carbohydrates are contained in PalatinoseTM, a new product from one of the leading producers of functional ingredients. After three years on the market and more than 70 brands, Luked’s energy boost drink 3Action Guarana-Speed on Top is the newest RTD drink to contain PalatinoseTM.

Isomaltulose Market by category:

By Grade

• Food Grade Isomaltulose
• Pharma Grade Isomaltulose

By End Use

• Confectionery
  • Chewing Gums
  • Hard Candies
  • Soft Candies
  • Gummies and Jellies
  • Chocolates
• Bakery Products
• Breakfast Cereals and Bars
• Dairy Products
• Frozen Desserts
• Beverages
  • Fruit Juice Beverage
  • Malt Beverages
  • Powder Based Drinks
  • Carbonated Beverages
• Flouridated Salt
• Table Top/ Spoon-for-spoon Sweeteners
• Supplements and OTC Medicine
• Ingredients
  • Polyols
  • Intense Sweeteners
  • Non Carcinogenic Sweeteners
  • 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

• Which is the most lucrative market for Isomaltulose?

Europe currently leads the global Isomaltulose market. The region is expected to account for over 27% of the overall market during the forecast period.

• In Which Grade Isomaltulose is most used?

Food grade isomaltulose is expected to be the preferred grade in the global isomaltulose market.

• What are the key factors driving Isomaltulose Market?

The global isomaltulose market is driven by the rising demand for non-cariogenic sugar. The increasing focus on convenience and functional food products besides the rising demand for healthy beverages will continue driving isomaltulose sales.

• Which are some of the leading companies offering isomaltulose?

Some of the leading companies offering isomaltulose are Cargill Inc, Anhui Elite Industrial Co.,Ltd, Merck KGaA, Now Foods, BENEO GmbH, ErgoNutrition, Qingdao Oriental Tongxiang International Trading Co.,Ltd and others.

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
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The demand for allulose is rising at a high pace, especially as consumers show increasing inclination for healthier sugar alternatives. As per a study by Future Market Insights (FMI), the increasing demand for healthier sweeteners will enable the allulose market to reach a valuation of US$ 206.5 Mn by 2021.

This has been encouraging key market players to focus on the launch of new products, offer greater sustainability, and aim for certifications from international organizations. Allulose is plant derived ingredient and is therefore considered helpful for people who suffer from digestion issues, gut issues, bloating, and obesity.

Allulose is gaining traction globally as it is also considered a rich source of anti-oxidants and vitamins. Allulose also is believed to speed up fat loss, preventing the formation of free radicals in the body which eventually generates stress. Governments in developed and developing nations advocate reduction of sugar intake, especially in the food and beverages sector, which is a key factor driving demand for allulose.

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According to FMI, the food and beverages sectors will account for leading share of allulose sold globally. Of these, over 55% of allulose sales will concentrate in the food sector. The rising demand for sugar free confectionery and bakery products will fuel sales in the segment.

Key Takeaways from the Allulose Market Study

• Allulose market will register 8.2% CAGR between 2021 and 2031 driven by increasing application in the food sector.
• Demand for sweetener will rise in the U.S. due to rising prevalence of diabetes and obesity. The U.S. is expected to account for nearly 90% of allulose sold in North America
• Increasing focus on health and wellness will fuel demand in China.
• Favorable government initiatives aimed at promoting health among citizens will drive sales in South Africa
• Expansion of the food sector, will catapult India as a key market within South Asia

Marketers Reach Out to Millennial

Millennials often purchase goods in-store but there has been a change in their purchasing behaviour as they have begun exhibiting a fondness towards placing purchase order from the comfort of their homes. Manufacturers are aiming at capitalizing on this by expanding their online presence. Also increasing focus on health and wellness among millennial has led to increasing demand for supplements, which also will continue pushing sales in the market.

Who is winning?

A few of the leading players operating in the allulose market Tate & Lyle PLC, , Bonumose LLC, Matsutani Chemical Industry Co. Ltd,  Cargill Inc, Ingredion Incorporated, Samyang Corporation, CJ Cheil Jedang,  Anderson Global Group, Eat Just Inc., Wellversed and Others.

Prominent manufacturers of allulose market are focusing on M&A, collaborations, alliances with peers to increase its market penetration and to increase their production capacity. Research and development activities for optimizing taste and texture of plant based products also are undertaken to attract the keto, vegan population at large.

Allulose Market by category

By Form

• Powder Allulose
• Liquid Allulose
• Crystals Allulose

By End Use

• Food
  • Bakery Products
  • Confectionery
  • Dairy Products
  • Sweet Spreads
  • Ice Creams and Desserts
• Beverages
  • Carbonated Beverages
  • Fruit Drinks & Juice
  • Powdered Drinks and Mixes
• Pharmaceuticals
• Food Service Providers
• Retail/ Households
  • Store-based Retailing
  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Independent Small Groceries
  • Online Retailing

By Region

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

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Key Questions Answered in the Report

• Which is the most lucrative market for allulose market?

North America currently leads the global market for allulose. Sales in North America is expected to account for over 25% of total demand throughout the forecast period.

• Which is the top-selling product form of allulose?

Powder allulose is expected to be the preferred form, exhibiting higher sales than allulose available in liquid and crystal form.

• Who is the leading end user of allulose?

The food and beverages industry is currently exhibiting high demand for allulose in response to the expansion of the market for healthier sugar alternative.

• Which are some of the leading companies offering allulose?

Some of the leading companies offering allulose are Tate & Lyle PLC, Bonumose LLC, Matsutani Chemical Industry Co. Ltd, Cargill Inc, Ingredion Incorporated, Samyang Corporation, CJ Cheil Jedang, Anderson Global Group, Eat Just Inc., Wellversed and others.

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

Nowadays, the demand for aquaculture protein is increasing largely owning to the surging consumption of processed foods in developed and developing nations. To meet this demand, commercial aquaculture manufacturers and fish industries are focusing on grander outputs of aquaculture products. This has led to the increasing application of Asian Sea Bass in the food industry, finds Future Market Insights (FMI) in a new study.

As per the report, application of Asian sea bass is expected to be considerably higher than others sources of pharmaceutical products and animal feed. FMI has forecast the Asian sea bass market to surpass US$ 239 Mn by 2021.  The rising demand of frozen and ready-to-eat Asian Sea Bass will drive growth in the United States and India. Gradually and progressively Asian Sea Bass and its forms are making space across retail shelves even untapped and remote markets due to its ability to thrive in harsh and varied environmental conditions.

Moreover, manufacturers are developing advanced production as well as harvesting technology to increase the yield of Asian sea bass. These novel technologies are also anticipated to reduce the incidence of diseases in Asian sea bass.

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Lately, there is an increasing demand for aquaculture businesses to make products, product context- where the ingredients came from, and how the end product is manufactured more transparent. Key players nowadays are using clean labeling as catchword for advertising and selling the products.

As sales continue to rise, FMI has projected the demand for sea bass in fillet form to be considerably highly. It is also projected to account for over 36% of sales in the global market.

Key Takeaways from the Asian Sea Bass Market Study

• Asian sea bass market will report 5% CAGR between 2021 and 2031 as market players focus on research and development activities
• The rising demand for ready-to-eat and frozen food will fuel demand in the U.S., enabling it to account for 80% of sales in North America through 2031
• The U.K. will showcase steady rate of growth backed by rising demand for farmed sea bass
• France and Russia will remain highly lucrative, registering double-digit growth through forecast period
• The expansion of aquaculture sector will support growth in China

“Market players will continue focusing on strategies for expansion to gain edge amid increasing competition. Research and development initiatives undertaken by them will primarily aim at the discovery of better quality and cost-effective sea basses,” said an analyst at FMI.

Who is winning?

Several top manufacturers of Asian Sea Bass are concentrating on providing Asian Sea Bass at an optimum price, owing to their increasing demand from across the world. Different companies have implemented integrated production approach to delivering cost-effective products in the market. This also is intended to expand their footprints and improve their production capacity Prominent players of Asian Sea Bass are involving in research and development activities by incorporating recombinant DNA technology for accumulating all the desired functionality for farming of Asian sea bass.

A few of the leading players operating in the Asian Sea Bass market are: Amacore B.V., Viet Asia Foods (VAFCO), MainStream Aquaculture, Shwe Yamone Manufacturing Co., Ltd., A.O.Kingdom., NGHI SON AQUATIC PRODUCT EXIM CO., LTD, Oceanpick, Barramundi Asia, Allegro Aqua, Mattes Seafood, Ocean Treasure among others and other players.

Asian sea bass Market by Category

By Source

• Farmed Asian Sea Bass
  • Freshwater Asian Sea Bass
  • Brakishwater Asian Sea Bass
• Wild Asian Sea Bass

By Form

• Whole Asian Sea Bass
• Headed and Gutted Asian Sea Bass
• Fillet Asian Sea Bass
• Frozen Asian Sea Bass

By Sales Channel

• Direct Sales-B2B
• Food Service
• Retail Sales
  • Modern Trade
  • Convenience Store
  • Specialty Food Stores
  • Wholesale Store
  • Discount Stores
  • Online Retail
  • Other Retail Platform

By Region

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

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Key Questions Answered in the Report

• At what rate is the demand for Asian sea bass is expected to grow?

The global Asian sea bass market is estimated to grow at CAGR of 5.0% over the next 5 years.

• Which is the preferred Asian sea bass form?

Asian sea basses are more preferred in fillet form owing to increasing demand for extended shelf-life and ease of storage and handling.

• Which are the leading companies in the Asian sea bass market?

Some of the leading companies operating in the market are Amacore B.V., Viet Asia Foods (VAFCO), MainStream Aquaculture, Shwe Yamone Manufacturing Co., Ltd., A.O.Kingdom., NGHI SON AQUATIC PRODUCT EXIM CO., LTD, Oceanpick, Barramundi Asia, Allegro Aqua, Mattes Seafood, Ocean Treasure among others.

• Which is the Preferred Source of Asian Sea Bass?

Asian sea bass is primarily farmed in freshwater and brakishwater.

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

The Lemongrass oil is obtained by extraction of the stalks of the Lemongrass (Cymbopogon) herb. Lemongrass shrubs/plant mainly grows in Asia and cannot be available as fresh throughout the year, but now a days lemongrass oil and lemongrass extract or dehydrated forms are commonly used. According to the discovery health, lemongrass oil is one of the bestselling oil in the world which is used by the culinary artist because of its fresh and enjoyable scent. Traditionally, lemongrass parts as well as its oil have been used as a remedy for various health issues such as, digestive disturbances, behavioral problems, circulatory issues, etc. It is also known as fever grass due to its ability to bring down a fever.  

Lemongrass oil is useful in prevention of growth of some yeast and bacteria, and has antioxidant/ antibacterial properties and an important vitamins such as vitamin A, B2, B3, B6, B5, B1, folate and vitamin C and also provides essential minerals such as copper, calcium, phosphorous, zinc, manganese, iron and magnesium. Due to all these numerous benefits of lemongrass oil market is in high demand. Lemongrass thrives in tropical and subtropical regions, such as India, Malaysia, Sri Lanka, China, Cambodia, and Guatemala.

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Lemongrass Oil: Segmentation

Lemongrass oil market is segmented on the basis of the application, grade and regions. On the basis of lemongrass oil application market is segmented as pharmaceutical, cosmetics & personal care, and food and beverages. As Lemongrass oil possess high medicinal value and used in various treatments since history market demand in pharmaceutical segment is significantly high.

On the basis of lemongrass oil application in cosmetic & personal care products, the product is used in soaps, deodorants, shampoos, conditioner, body lotion, air freshener and tonics. Its essential vitamin contents as well as skin healing properties are driving lemongrass oil market demand in personal care market segment.

Lemongrass oil popularity as fragrance and taste, its demand in food and beverage market segment has grown over the time. It is used in various culinary delights, added to ready-made curries, paired with beef, fish, poultry and seafood’s, it is also used for flavoring tea and soups.

Lemongrass oil market is further segmented on the basis of grades as food grade and therapeutic grade. Food grade is basically for food and beverage purpose and therapeutic grade is for pharmaceutical as well as personal care uses. Lemongrass oil market is later segmented on the basis of regions, as North America North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and Middle East & Africa.

Lemongrass Oil: Region wise outlook

Latin America and Europe are leading regional markets importing lemongrass oil. However, being origin region of lemongrass oil, Asia Pacific market leading exporter market for lemongrass oil, India and China are major producer markets.

Asia pacific and Europe markets are expected to witness higher growth in forecast period. In Asian countries such as, Thailand, Malaysia, Cambodia, Vietnam and Indonesia, lemongrass oil is a popular ingredient in many culinary delights. The market demand of lemongrass oil is increasing its popularity in flavoring Asian cooking too. Lemongrass oil is gaining popularity from health conscious consumers from Latin America, which is driving market growth in the region.

 Lemongrass Oil: Trends and Drivers

Lemongrass oil has various medicinal, skin care properties as well as health benefits, due to this lemongrass oil is gaining popularity in the worldwide markets. Increasing popularity of lemongrass oil in aromatherapy is driving global market demand. The trending natural oil based personal care product demand by consumers, is another market driver for lemongrass oil.

In addition, lemongrass oil has various health benefits which are related to with essential oil are anticipated to drive the lemongrass oil demand in pharmaceutical and applications medical and the product has no harmful side effects which will help in penetrating the market in future. Also, increasing uses in food and beverage industry for culinary dishes is another major market driver.

Lemongrass Oil: Key players

Some of the key participating players in Lemongrass oil market globally are, The Leburmuth Company, Essential Oils of New Zealand, Young Living Essential Oils, doTerra, Sydella Laboratoire, West India Spices Inc, Falcon ,Rajkeerth Aromatics, Reho natural ingredients etc. among the others.

Lemongrass Oil Market Segments

• Lemongrass Oil Market Dynamics
• Lemongrass Oil Actual Market Size, 2014 – 2015
• Lemongrass Oil Size & Forecast 2016 to 2026
• Lemongrass Oil Supply & Demand Value Chain
• Lemongrass Oil Current Trends/Issues/Challenges
• Competition & Companies involved
• Lemongrass Oil Technology
• Value Chain
• Lemongrass Oil Market Drivers and Restraints

Regional analysis for Lemongrass Oil Market includes

• North America
  • US & Canada
• Latin America
  • Brazil, Mexico, Others
• Western Europe
  • EU5
  • Nordics
  • Benelux
• Eastern Europe
• Asia Pacific
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
• Japan
• Middle East and Africa
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other 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.

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Report Highlights:

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

Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products. Global precipitated silica market revenues will reach US$ 5.9 Bn by 2029 supported by a staggering growth rate of over 9% between 2019 and 2029. Market players are focusing on capacity expansion and product innovation to exploit the versatility of precipitated silica (SiO₂). Developing regions of the world are expected to lead demand generation by the end of forecast period.

Surging automotive production will lead to an increase in demand for rubber tires which employ precipitated silica to enhance product performance. Similar demand trends can be traced back to adhesive & sealant products in lieu of the pivotal role that precipitated silica plays as a thickening agent and improving bond strength.

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Key Takeaways of Precipitated Silica Market Study

The global 2-ethylhexyl market is expected to witness decent growth at a CAGR of 4% over the forecast period of 2019–2029, and reach a valuation of US$ 310 Mn by 2029.

High boiling point and good solvent power of 2-ethylhexyl acetate maket it a popular solvent in the formulation of paints and coatings. Through continuous exploration of its properties, 2-ethylhexyl acetate is finding application in spray coatings and dip-coating technologies. Thus, rising demand for paints & coatings, globally, is anticipated to fuel the demand for 2-ethylhexyl acetate.

2-ethylhexyl acetate is produced from the by-products of crude oil refineries. Volatilities in crude oil prices are resulting in fluctuations in the prices of petroleum-based hydrocarbon solvents such as 2-ethylhexyl acetate, thereby adversely affecting the profit margins of manufacturers. Hike in the prices of petrochemical feedstock, thus, is expected to impede the worldwide production of 2-ethylhexyl acetate in the coming years.

Growing preference for propyl acetate over ethyl acetate in several end-use industries, especially in the printing ink industry, is expected to boost its demand in the coming years. A clear, colorless liquid that has distinguishable acetate odor of pears, and is highly flammable, propyl acetate finds application across diverse industries due to its superior solvent and fragrance properties.