Market Research Blog

The rising per capita income of the global population coupled with a substantial increase in the global population is driving the demand for more animal-based products. A recent analysis by Persistence Market Research opines that the growing demand for animal-based products is causing animal farmers to find an alternative source of protein to ensure sustainability. Insect feed provides a great alternative to replace soy and fishmeal used as animal feed owing to its high protein content and low-fat percentage.

Recent studies suggest insect feed can partially replace fishmeal used to feed poultry, fish, and pigs. The replacement can serve the nourishment required by the animals while reducing the possibility of over-fishing. Further, a plant-based diet’s composition includes non-starch polysaccharides, high fiber content, anti-nutritional components, and low sulfur amino acids content which are unfavorable for livestock and other animals.

Growing Controversies around Soybean Cultivation to Promote the use of Insect Feed

Soy is a plant-based animal feed that is being used extensively. According to the recent study by PMR, growing controversies around soybean cultivation have sparked demands for finding an alternative to soy feed. Soybean plantations have been known to cause large scale deforestation across the world. With the global temperatures on the rise, governments around the world are concerned about the impact the plantations can have on the earth. Growing awareness about soybean plantations is causing food chains to look out for animal feed alternatives to ensure sustainability in production while doing their bit for the environment. For instance, fast food giants McDonald’s is already researching the use of insects for chicken feed in order to replace soy. The company aims to substantially reduce the use of soy in the chicken feed with an intention to contribute towards the welfare of the environment. Preliminary results of the research suggest insects for animal feed are better than plant-based feed and could potentially replace soy.

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Assortment of Benefits Associated with Insect Feed Make it a Lucrative Alternative Animal Feed Option

Insects are rich in proteins and cultivation of insects requires less space and energy as compared to other forms of feeds. For instance, a recent study suggested that production of approximately one ton of crickets requires a surface area of just over 3000 square-meter and over 2 metric tons of feed and provides protein equivalent to 600 kilograms which is far more compared to one ton of soybean production. Further, insect rearing can help in a comprehensive reduction of organic wastes as several species of insects fit for use as animal feed have been found out to thrive on food waste. Another benefit that makes insect feed a lucrative alternative is that insects can be reared all year round unlike, soy and fishmeal. The use of insects in animal feed can also potentially reduce the demand for importing raw materials and can, therefore, boost the local economy. Due to these factors, insect feed is gaining widespread popularity in the animal feed market. 

Demand for frozen bakery products continues to witness an increase globally. The consumption of these products has been aided by changing consumer lifestyles and urbanization trends. Several products, for example, frozen pizza crust, frozen bread, frozen cakes bread, frozen pastries, and frozen patisserie are highly sought-after that can help the market worldwide. Amid all frozen bakery products, frozen pizza crust is believed to contribute the maximum shares trailed by frozen pastries and frozen bread. In western nations, numerous individuals like to accept frozen pizza as a part of their everyday supper. The frozen bakery market is considered to capture close to 8% of the overall frozen food market worldwide.

The market is foreseen to keep on thriving in emerged and emerging regions worldwide. An increment in trade exercises of frozen bread and frozen pizza in Europe, direct towards a rise in the overall expansion of the frozen bakery market. Europe region adds the biggest market of frozen bakery worldwide. North America is evaluated to be the second biggest market after Europe because of a rise in demand for busy lifestyles populace and processed food. The Asia Pacific is also the quickest developing market for the frozen bakery. The rising impact of western culture, increasing working category with higher disposable income and altering dietary patterns of customers are a few of the primary reason that drives the Asia Pacific market. The expansion of the frozen bakery market is believed to be speediest in developing market of the Middle East and Latin America.

Frozen foods have been gaining traction during the recent two decades, subject to a huge requirement for increasing food durability. Indeed, the frozen bakery market has been gaining popularity recently inferable from the popular customer requirement for longer shelf-life of products when contrasted with customary baked products, drive for greater taste, safety and consistency, surge in demand for suitable food products and increase in the number of bakery industries. Furthermore, a hectic way of life, altering customer inclinations toward processed food and growing disposable incomes additionally fortify frozen bakery industry share. Frozen bakery products have gained popularity because of their simplicity of preparation, a similitude to homemade products, convenience in addition to the habit of food on-the-go.  In more engaged lifestyles, individuals lean to skip breakfast and snap up on some frozen food bakery product.

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The key companies in the frozen bakery market are Alpha Baking Company Inc., Lantmannen Unibake, Aryzta AG, Associated British Foods Plc, Barilla Holding SPA, Bridgford Foods Corporation, Cargill Incorporated, Cole’s Quality Foods Inc., Deiorios Frozen Dough Products, Custom Foods Inc., Flowers Foods Inc., Europastry, Grupo Bimbo, General Mills Inc., Maple Leaf Foods Inc., Kellogg Company, Pepperidge Farm, Premier Foods Plc, Warburtons Bakery and Vandemoortele.

Dried fruits and edible nuts are becoming an integral part of a healthy and balanced diet. The water content in dried fruits is expelled from the natural product whichever naturally, via sun drying or using specific dehydrators. On the other hand, edible nut is a fruit made out of a seed and hard shell. These are vital sources of supplements for people.

Dried fruits have low sodium content like fresh fruits and are an important source of potassium and dietary fiber. Dried fruits are a robust source of basic supplements, for example, iron, Vitamin K and nutrient A. Nuts are high in supplements and a great supply of fats and nutrients and a rich supply of amino acids.

Dried fruits are categorized by types as Dried Apricots, Dried Grapes, Dates, and Dried Figs. Edible nuts are categorized by types as Tree nuts, Peanuts, Almonds, Walnuts, Cashews, Hazelnuts, Pistachios, and Pecans. Cashew nuts are beneficial for heart patients because of its high grade of unsaturated fatty acid and its benefits in reducing cholesterol level. Growing adoption of these products as a health food offers an opportunity for several food makers. For example, chocolate makers were the first to take in these products in chocolate recipes as a result of their supposed health benefits and flavor enhancing ability.

APAC reflects the fastest and largest expanding market for dried fruits and edible nuts worldwide, trailed by North America & Europe. The overall market is flourishing as a snack food segment and their prosperity and huge expansion exhibit no indications of ending with taste, comfort, and fitness as the major drivers in purchasing behavior of the consumer. In spite of the fact that the market is fluctuating, the assortment is getting imperative to consumers purchasing decisions and underway product development. Therefore, companies are thinking of different flavors and seasonings beginning from sweet to smoky or hot. Accordingly, including more flavoring to dried fruits and edible nuts offer the diverse taste experiences consumers look for.

The growing elderly populace, higher obesity pace, expanding health awareness, expanding acknowledgment of nuts and dried fruits as evident health nourishment and increment in disposable income are few of the significant driving force for the worldwide market. The dried fruits and edible nuts are a more advantageous option for the elderly populace since in a previous couple of years there has been an intense increment in several medical problems, for example, allergies, diabetes, and heart ailments.

The sale of dried fruits and edible nuts worldwide has mainly foreseen sale of unbranded products. Conversely, since customers inclination shifts towards getting brand cognizant, as well as worldwide trade rules, turn out to be strict regarding packaging, suppliers necessitate investing in packaging and processing machines. This increment in requirement may be credited to an increase in exports to countries.

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The key players in the global market for dried fruits and edible nuts are Sunsweet Growers Inc., Sun-Maid Growers of California, Sunbeam Foods Pty Ltd, Olam International Ltd, Ocean Spray Cranberries Inc, National Raisin Company, Mariani Packing Co Inc, and  Arimex Ltd.

Dehydration or drying is a procedure by which water or dampness content is expelled from the food. Expelling of water substance from food causes them smaller and lighter. It aids in the protection of food for a longer timeframe. Dehydrated food doesn’t necessitate any refrigeration whereas safeguarding at home or while consuming. Also, got dehydrated food is perfect for saving seasonal vegetables and fruits. These food provide high dietary benefit, simple storage properties and accessibility at a low value that is fueling the requirement of dehydrating food over the globe.

Increasing requirement of food products with a longer time span of usability combined with the expanding need for seasonal products all over the year is supporting the development of dehydrated food market amid the estimated time frame. In addition, expanding need of food makers for protecting food product for a longer period with the goal that they could utilize it as an ingredient in their last product is likewise fuelling the need for dehydrated food market amid the conjecture time frame.

In terms of the technology the overall market is categorized into freeze dried, spray dried, vacuum dried, hot air dried, sun-dried along with others. Usually, amid all these categories the sun-dried procedure of dehydration was the foremost category based on the usage by food makers trailed by hot air dried procedure. Conversely, because of the launch of novel technology spray dried will hold biggest market value share based on revenue contribution, trailed by freeze-dried over the assessment period. Vacuum dried category will reflect a consistent expansion in contrast to others. Confined usage in food items will be the restraining aspect for the expansion of vacuum dried technology in the worldwide market over the year to come.

Furthermore, in terms of types, the worldwide market is categorized as dehydrated fruits, dehydrated vegetables, dehydrated dairy products, dehydrated meat products together with others. Of these, the meat products will hold the biggest market share trailed by dairy products. Rising need for increased year around the convenience of canned along with processed meat products amid the maker will hold up the need of dehydrated meat products throughout the years to trail. Furthermore, the dehydrated fruits, as well as dehydrated vegetable categories respectively, will exhibit an encouraging expansion over the assessment period. This is due to the increasing need for seasonal vegetables and fruits.

In terms of the region, North America will hold the foremost overall market share. The U.S, in the region, will be the foremost contributor in revenue terms tailed by Canada. Amplified usage of meat products in North America will back the need of dehydrated food products throughout the region. Europe is moreover likely to be the topmost contributors to the overall market in revenue terms trailed by APAC. Amid all the nations in the European region, UK will add the maximum throughout the assessment period. Furthermore, in production terms of dehydrated food, China will be one of the major manufacturers of dehydrated food products. Additionally, China is the highest meat products manufacturers together with the prime manufacturer of several seasonal vegetables and fruits. This would contribute towards remarkable expansion in the nation.

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The foremost market players active in the worldwide market for dehydrated food include Kraft Foods Inc, Ajinomoto Co. Inc., Nissin Food Holdings Co. Ltd., House Foods Corp, Unilever China Ltd, Ting Hsin International Group, and General Mills Inc., amid others.

Portrayed by high degree of advancement and fueled by a longing for indulgence and comfort, the worldwide confectionery sector is going sturdy. Despite the fact that the move towards clean labels and ‘better-for-you’ items has expanded the pressure on makers to reformulate, buyer interest for sweet snacks hints at no backing off. An enhancing worldwide economy and increasing disposable incomes in emerging nations stays as the foremost factor empowering buyers to indulge in greater quality confectionery products.

Product development, ascend in gifting trend, extension of retail market, and sturdy marketing campaigns are key aspects that fuel the development of the confectionery market, worldwide. Furthermore, economic development of rising economies supplement the market development, in this manner expanding the purchasing power of consumer.

Makers are expanding their product scope by incorporating including exotic flavors, organic herbal fillings, along with functional ingredients in their product formulations to take into account the changing customer requests.

There are several different approaches to enhance with new flavor blends or textures. Chewy candies such as chewy gummies, for instance, are unbelievably adaptable from a manufacturing point of view as shapes, flavors and textures could be effortlessly changed with only a couple of steps. The outcomes are often some really special innovations like ginger wasabi marshmallows or celery and kiwi gummies that appeal to the adventurous palates of particularly the more young buyers.

Candy will dependably be viewed more of as an indulgence as opposed to a healthy treat. Conversely, when improved with additional supplements like vitamins, it turns into an astounding transporter of added health benefits. Particularly gummies are appropriate for the wellness & health segment since any issues identified with off-flavour or colour could be effectively overcome. The trend towards ‘super candy’ is making strides all over the world.

Launch of odor sensations, blend of solid flavors & liquid, along with energy boosts in confectionery items drive the development and improvement of the confectionery market comprehensively. During January 2017, Sanders and Morley Candy Makers Inc. launched chocolate covered gummi bears and miniature dark chocolate peppermint patties to take into account the requiremnets of consumers leaning toward snacking options that contain great ingredients, for instance, egg whites, peppermint oil, and invert sugar.

The worldwide health & wellness trend isn’t just beginning to affect product formulations – sugar content specifically – but at the same time it’s influencing the candy’s packaging formats. The flexible packaging is still by a wide margin the most generally utilized flexible packaging in the confectionery sector. Specifically, small bags are progressively famous among time-tied customers that still need to watch out for their small bags as they convey both portion control and comfort. As indicated by a survey, 75% of US customers expressed that portability/convenience is critical/imperative while picking products to nibble on.

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The future seems brilliant for confectionery producers. Whereas reformulation will keep on commanding new product presentation over the approaching years, the market’s adaptability and ability to go for risks will guarantee that the confectionery industry holds its positive expansion and advancement potential within a reasonable time-frame.