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The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth of alcohol was consumed in 2016. The study further projected that consumption of alcohol in India is less likely to decline in the years to come. By the end of 2026, more than 14 billion litres of alcohol will be sold across India.

According to the report, revenues amassed from sales of alcohol in India will soar vigorously at 7.4% CAGR, and reach INR 5.1 trillion value by the end of 2026. In terms of volume, India’s alcohol consumption in 2016 has been estimated to have surpassed 8 billion litres and will grow at 5.5% CAGR in the due course of forecast period. An in-depth analysis on India’s alcohol distribution indicated that just above three-fourth of alcohol consumed in the country is government controlled. In 2016, alcohol distributed in India through open market sales made revenues worth over INR 400 billion. Meanwhile, about 550 million litres of alcohol was auctioned in India by the end of 2016.

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India’s Alcohol Market: Report Highlights

• Nearly two-third of India’s alcohol revenues will be accounted by sales of Indian-made foreign liquor (IMFL)
• In 2016, more than 1,800 million litres of strong beer was consumed in India
• By the end of 2026, white wine sales in India will have brought in an estimated INR 16.8 billion in revenues
• Revenues amassed from sale of country liquor in India will have soared at 5.5% CAGR
• Whisky will be the most-preferred type of alcohol in India, while sales of white spirits will grow at more than 11% CAGR

Key findings of the report, titled “Alcohol Market: India Industry Analysis and Opportunity Assessment, 2016-2026,” projected that Southern and Western states of India will continue to contribute to more than 80% of alcohol revenues through 2026. Bangalore’s SAB Miller India Ltd. and United Spirits Ltd., and Mumbai-based Tilaknagar Industries Ltd. and Allied Blenders & Distillers Pvt. Ltd. are key players partaking in the growth of India’s alcohol market.

Meanwhile, the consumption of alcohol will witness a considerable dip in India’s northern and eastern zone. Even still, a majority of alcohol manufacturers & suppliers in India are originating from New Delhi. Companies such as Carlsberg India Pvt. Ltd., SOM Distilleries & Breweries Group, Radico Khaitan Limited, Globus Spirits, and Jagatjit Industries Ltd. are based in and around the country’s capital. Shimla’s Mohan Meakin Ltd. and Daman’s Khemani Group are also recognised as some of the leading alcohol manufacturer in India.

The key segments covered in this report are:

By Type

• IMFL
  • Brandy and Cognac
  • Rum
  • Whiskies
  • White Spirits
  • Others
• Beer
  • Mild
  • Strong
• Wine
  • Red Wine
  • White Wine
  • Rose Wine
• Country Liquor

By Make

• Imported Liquor
• Indian Made Foreign Liquor
• Foreign Liquor Bottled in India
• Indian Made Indian Liquor

By Gender

• Male
• Female

By Ingredients

• Grains
• Molasses
• Fruits and Vegetables

By Distribution Market

• Government Controlled
• Open Market
• Auction Market

By Region

• South Zone
• North Zone
• East Zone
• West Zone

Over 90% of Indian Alcoholics are Men

Among every ten alcohol consumers in India, nine of them will most probably be men; leaving a slight chance that the tenth one is a woman. With more than 90% stake in India’s alcohol revenues, the country’s men will be offering over INR 4.7 trillion for consuming alcohol by the end of 2026. Likewise, Indian women are also likely to increase their contribution to the Indian alcohol market. During the forecast period, revenues accounted by sales of alcohol to Indian women will have soared at the fastest pace, registering a stellar CAGR of 8.6%.

Consumption of alcohol containing molasses as key ingredients will remain higher in India. Grains will also serve to be a preferred raw ingredient used for producing alcohol in India.  Although, production of alcohol through agricultural produce such as fruits & vegetable will remain negligent till the end of 2026. The report also anticipates that consumers will be more inclined towards buying Indian-made liquor – regardless of it being a foreign or Indian brand. Consumption of foreign liquor bottled in India is also likely to grow, but showcasing a marginal degree of increment.

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Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

A new research report from Future Market Insights reveals that the global market for specialty malts, which is currently valued at an estimated US$ 2.16 billion, is expected to soar at a steady CAGR of 6.4% and bring in revenues worth over US$ 4 billion by 2026 end.

In parallel with the rise in global consumption of alcoholic beverages, local entrepreneurs from all corners of the world have begun treading the waters of brewing businesses. A considerable rise in the number of microbreweries being set up across the globe is stimulating the growth in consumption of specialty malts – a key ingredient for making alcoholic beverages such as beer. Innovations in brewing techniques has further consolidated the application of specialty malts in production of flavoured alcoholic beverages.

Since the growth in demand for specialty malts continues to remain contingent upon global alcoholic beverage consumption, more than one million tonnes of specialty malts are anticipated to be consumed through 2026. Incidentally, this will also shore up the global production of barley, wheat, corn, soybean and other grains used for deriving specialty malts. By lending a unique flavour, texture, and colour, the application of specialty malts continues to gain significance in production of beverages, revenues from which will impose nearly 90% share on global specialty malts market value throughout the forecast period. The research reveals that revenue share of alcoholic beverages in the global specialty malt market will remain consistent at nearly 82% through 2026. Meanwhile, about 130,000 tonnes of specialty malts were globally consumed for production of non-alcoholic drinks & beverages in 2016.

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Western Europe – Largest Consumer of Specialty Malts

When it comes to consuming flavoured alcoholic beverages, consumers in Western European countries such as Germany, France or Belgium will certainly not shy away. By the end of the forecast period, more than 500,000 tonnes of specialty malts will be consumed across Western Europe, making it the largest consumer of specialty malts in the world. With respect to production, the demand for specialty malts will register stellar growth in the Asia-Pacific excluding Japan (APEJ) region. The APEJ specialty malts market will register the highest value CAGR of 7.8%, and procure over US$ 1 billion revenues during the projected period. North America and Latin America are anticipated to account for a collective share of more than 24% in global specialty malts revenues through 2026.

Cargill, Inc. – Largest Producer of Specialty Malts

With more than 10% share in global revenues, Cargill Incorporated will retain its title as the largest producer of specialty malts in the world. With its manufacturing plants based in Germany, the company will also boost the status of Western Europe in the global specialty malts market. Joining Cargill in inducing higher production of specialty malts are prominent European companies, namely, IREKS GmbH, Viking Malt Oy, Groupe Soufflet, Malteurop, Axereal and Simpsons Malt Limited. Other key producers of specialty malts profiled in the research report include Australia’s GrainCorp Ltd., the Cooperative Agraria Agroindustrial of Brazil and Barmalt India Pvt. Ltd.

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In the report, titled “Specialty Malts Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” Future Market Insights discloses that global demand for caramelised malts will incur a decline in 2017 and beyond. While their dominance on global market revenues will be retained through 2026, the rate at which caramelised specialty malts are consumed in the world will be outpaced by surging consumption of roasted malts. By the end of forecast period, more than US$ 1.5 billion worth of roasted specialty malts are being projected to be sold in the world. Over two-third of global specialty malts production will be sourced from barley grain produce. Although, advancing farming techniques will also increase the production of specialty malts from wheat and rye grains. Likewise, dry extracts of specialty malts will dominate the global specialty malts revenues by accounting for a steady share of 69%. On the other hand, liquid and malt flour extracts will lose market presence in the years to come, exhibiting a marginal dip in their global revenue share.

As per a reseaech analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the global carrageenan gum market is expected to reach US$ 881.6 Mn in 2021. Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverage will facilitate growth, with the market expanding at 4.30% CAGR through 2031.

Sales of carrageenan gum decline in 2020 due to the onset of the coronavirus outbreak. However, as per FMI’s analysis, the market experienced y-o-y growth of 4.10% between 2020 and 2021.

Being a plant-based emulsifying agent, carrageenan gum is finding applications in the cosmetic industry. Growing consumers’ preference for natural ingredients in skincare and personal care products will further create growth prospects in the market.

Besides this, carrageenan gum-based biomaterials are increasingly being incorporated with pharmaceutical formulations to develop nanomaterial drug-delivering agents such as nasal sprays, thereby driving sales.

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Additionally, rising demand for dairy products and processed meat products in countries including the U.S., the U.K., China, and India is creating lucrative opportunities for market players to launch innovative products in the market.

“Increasing applications of carrageenan in the food & beverage industry, coupled with research and development for sustainable products will enable growth in the market during the assessment period,” says the FMI analyst.

Key Takeaways from the Carrageenan Gum Market Survey

• Food & beverage sector is anticipated to account for the maximum revenue share in the market.
• The U.S. market is anticipated to exhibit high growth owing to the presence of some of the leading cosmetics and food companies.
• Increasing meat consumption in China will augment the carrageenan gum market growth.
• The U.K. will emerge as a lucrative market, due to expansions in the cosmetic industry and increasing investments in research and development for product innovations.

Competitive Landscape

CP Kelco ApS, Marcel Carrageenan Corporation, FMC Corporation, E. I. du Pont de Nemours and Co., Extractos Naturales Gelymar S. A., Ingredients Solutions, Inc., Kerry Group, Cargill, Incorporated, Altrafine Gums, and W Hydrocolloids, Inc. are among the leading players operating in the carrageenan gum market as profiled by FMI, accounting for 20-40% of the total market share.

Prominent growth strategies adopted by leading players include expansions in distribution networks, mergers, collaborations, and acquisitions. Production facility expansions to cater to the increasing demand from end-use industries will continue gaining significance during the forecast period. For instance:

• In July 2021, global leader in nature-based ingredient solutions CP Kelco extended its distribution relationships with Azelis to expand its product portfolio in the Netherlands. Effective August 1^st, Azelis will distribute CP Kelco’s products in the Netherlands as a part of continuously developing collaboration between both companies.
• In July 2021, Kerry Group acquired Hare Topco Inc, operating as Niacet Corp., in a U$ 1.01 Bn deal, strengthening its food preservation and preservation strategies for better positioning in the market.

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More Insights into the Carrageenan Gum Market Report

In its latest report, FMI offers an unbiased analysis of the global carrageenan gum market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of application type (food & beverages, personal care, and toiletries, pharmaceuticals, feed, and pet food), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

The latest market report published by Future Market Insights titled “Cocoa Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2026’offers key insights on the cocoa market at a global level. In terms of value, the global cocoa market is expected to expand at a CAGR of 3.4% during the forecast period.

Increasing awareness about the health benefits associated with the consumption of cocoa-rich products, such as dark chocolates, is affecting the market positively. Cocoa provides a large number of benefits. For instance, it decreases hypertension, reduces the indications of chronic fatigue syndrome, provides protection against sunburn, promotes heart health etc. These benefits associated with cocoa make one of the crucial drivers responsible for the expansion and growth of the global cocoa market. Aggressive advertisements and promotional activities by chocolate manufacturers for brand recognition is another major driver in the cocoa market.

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Chocolate producing companies are turning to advertisements and publicity to incite people to endorse their products and thus, drive sales and improve their consumer base. Increased demand for cocoa from various food applications is also being witnessed. Availability of a wide variety of chocolate flavours and different types of chocolates is resulting in growing consumer base. These factor are contributing to overall revenue growth of the cocoa market. Manufacturers are developing and launching new and innovative varieties, such as coated vegetables, fruits, nuts, cereals, etc., and the growing popularity of such varieties is increasing steadily, especially in developed countries.

The global cocoa market will witness high demand for organic cocoa. However, the demand for conventional cocoa will be higher during the forecast period. Difficulties faced by farmers in producing cocoa using organic farming methods is also suppressing the production of organic cocoa. Organic cocoa worth approximately US$ 300 million will be used in a wide variety of applications globally by the end of 2026.

As per the report, the demand for organic cocoa butter and organic cocoa liquor is expected to remain higher than the demand for organic cocoa powder. Naturally-processed organic cocoa will witness higher demand in comparison to Dutch processed organic cocoa. During the forecast period, a major amount of organic cocoa produced around the globe is anticipated to be used up for the production of confectionery products, functional food products, beverages and cosmetics.

The global cocoa market for conventional cocoa will be mainly conquered by end uses, such as confectionary, functional foods, beverages and bakery items. The report also assesses that in 2016, approximately US$ 3.5 billion worth of revenue was generated from the sales of conventional cocoa powder. Nevertheless, revenue derived from the sales of conventional cocoa liquor will rise at the highest CAGR of 4.5%. By the end of 2026, conventional cocoa products derived from Dutch processing techniques will dominate the cocoa market and bring in approximately US$ 10 billion to the global revenue.

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Key Producers of Cocoa

Some of the major companies operating in the Cocoa market space are nited Cocoa Processor, Carlyle Cocoa, Blommer Chocolate Company, Mars Incorporated, Cargill Incorporated, The Hershey Company, Meiji Holdings Company, Ltd. and India’s Jindal Cocoa. The companies in Cocoa market are focusing on expanding their market presence by establishing new processing facilities to leverage their strength.

 

The latest market report published by Future Market Insights titled “Vitamin D Ingredients Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017–2026’ provides key insights on the vitamin D ingredients market at a global level. In terms of value, the global vitamin D ingredients market is expected to grow at a CAGR of 10.6% during the forecast period.

Increasing awareness regarding the health benefits associated with the consumption of vitamin D ingredient rich products such as fortified food products is a major driver for the market. Vitamin D ingredients enhance calcium metabolism and enable bone mineralization, among several other benefits. Rise in the number of awareness initiatives by government organizations and aggressive advertisement and promotion activities by supplement and pharmaceutical manufacturers for brand recognition are other major drivers for the the vitamin D ingredients market.

Pharmaceutical companies are publicizing their products in order to drive sales and expand their consumer base. There has also been an increase in the demand for Vitamin D Ingredients in various food applications. The availability of a wide variety of fortified food products and different types of supplements enhancing the consumer base. These factors are contributing to the overall revenue growth. Manufacturers are developing and launching new and innovative varieties of vitamin D ingredients in different forms and the demand for new varieties is increasing steadily, especially in developed countries.

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Among the vitamin type segments, the vitamin D2 segment is expected to witness lower demand than the vitamin D3 segment in the vitamin D ingredients market during the forecast period. Globally, the vitamin D3 segment’s value share contribution to the overall market revenue is significantly higher than that of the vitamin D2 ingredient segments. This can be attributed to the strong demand for fish in the production of vitamin D3 among various industries such as food, beverage, cosmetic, pharmaceutical and animal feed and pet food. In terms of market value, revenue from the vitamin D2 ingredient segment is expected to expand at a CAGR of 8.16% between 2016 and 2026, whereas the vitamin D3 segment is expected to expand at a CAGR of 12.01% in terms of value over the forecast period.

As per the report, globally, the value and volume share contribution of the fish source segment to the overall market revenue is expected to witness significant growth as compared to other source segments. This growth can be attributed to the ease in the production of vitamin D ingredients from fish. Fish contain quite a large amount of vitamin D as compared to other natural sources, which makes them a competent raw material for the production of vitamin D ingredients. The growth of the fish source segment can also be attributed to the strong demand for vitamin D from North America and Europe and growing demand in APEJ countries.

Globally, the value and volume share contribution of the powder form segment to the overall market revenue is expected to witness significant growth as compared to other form segments. This growth can be attributed to the strong demand for vitamin D powder in North America, Europe and Japan and the growing demand in APEJ and MEA countries. In terms of market value, revenue from the powder segment is expected to expand at a CAGR of 12.42% between 2016 and 2026, whereas that from the liquid segment is expected to expand at a CAGR of 8.88% in terms of value over the forecast period.

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Key Producers of Vitamin D Ingredients

Major players operating in the vitamin D ingredients market space are vitamin D ingredient producers. The Dishman Netherlands BV has been recognized as the world’s sole large-scale producer of vitamin D2 ingredients. Companies such as BASF SE, Royal DSM NV, Schiff Nutrition International, Inc. (Reckitt Benckiser) and Zhejiang Garden Biochemical High-tech Company Limited are focusing on expanding their market presence by establishing new processing facilities.

In the latest market report published by the Future Market Insights titled “Barley Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2026’, key insights on the Barley market at a global level have been provided. In terms of value, the global Barley market is expected to grow at a CAGR of 3.3% during the projected period owing to a large number of reasons, on which FMI sheds light.

Increasing consumption of malt-based beverages around the globe and consumers’ shifting preference towards natural and organic food products as well as growing awareness about the various health benefits of barley are some of the factors expected to boost the growth of the barley market. In addition, government regulations on food additives are currently a major concern for food manufacturers. As a result, food manufacturers are focusing on producing clean label products by using less or no food additives and improving the adoption of food flavours and colours derived from natural sources as an alternate to synthetic additives. Manufacturers are focusing on leveraging major potential arising from consumer segments that prefer health-and-wellness over cost of products and thus, are using malt derived from barley as an ingredient, besides others, to secure clean label approval for various products. In addition to label claims, barley malt enables bakers/food producers to remove high-fructose corn syrup from product labels.

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Barley is a commonly grown food crop in almost all the parts of the world. Barley offer various benefits and its produce is not restricted to a particular type or grade and all species of barley are known for their ability to adapt to a range of climatic conditions. As a result, cultivation of barley grains is economical.

The global Barley market, by type, anticipates that the demand for barley malt will be higher than all the other types of barley during the forecast period. Globally, the barley malt’s value share contribution to the overall market revenue is significantly higher than the other types of barley. This is attributed to the strong demand for malt barley for alcoholic beverages, such as beer, as well as nonalcoholic beverages. In terms of market value, revenue from barley malt segment is expected to increase at a CAGR of 3.5% between 2016 and 2026. At the same time, the whole grain barley flour segment is expected to increase at a CAGR of 3.4% in value terms over the forecast period.

As per the report, globally, malt grade value and volume share contribution to the overall market revenue will rise significantly as compared to the other grades due increased demand for barley malt. The growth of barley malt is attributed to the strong demand for barley malt in North America and Europe and growing demand in APEJ countries. Different types of barley are used in different applications, which will help in the growth of all the sectors and segments.

Globally, the alcoholic beverages value and volume share contribution to the overall market revenue will significantly rise as compared to other forms over the forecast period. This is attributed to the strong demand for barley in North America, Europe and Japan and growing demand in APEJ and MEA countries. In terms of market value, revenue from the alcoholic beverages segment is expected to increase at a CAGR of 3.7% between 2016 and 2026 whereas the food industry application segment is expected to increase at a CAGR of 3.5% in value terms over the forecast period.

Key Producers of Barley

Some of the major companies operating in the barley market space are are Cargill Group, Malteurop Group, Soufflet Group, Grain crop Limited , , Global Malt Gmbh & Co. Kg, Ireks Gmbh, Crisp Malting Group  ,Grain Millers Inc, EverGrain, Muntons Plc, Maltexco S.A.Malt Products Corporation and Briess Malt & Ingredients Co. The companies in Barley market are focusing on expanding their market presence by establishing new processing facilities to leverage their strength.

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Key Segments Covered

By Product Type

• Vitamin D3
• Vitamin D2

By Source

• Milk
• Eggs
• Fish
• Animals
• Plant, Fruits and Vegetables
• Others (Microalgae, Fungi, Yeast, Plants etc.)

By Application

• Pharmaceuticals
• Food
• Beverages
• Cosmetics
• Animal Feed and Pet Food
• Others

By Form

• Powder
• Resin
• Liquid

Key Regions/Countries Covered

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

The rapid expansion of the processed and packaged food industry, such as the growing popularity of ready-to-eat products, will continue to foster the growth of the food additives market. The global food additives market is anticipated to reach a total consumption of over 3,376 thousand tonnes in 2016. The food additives market is likely to surpass a value of US$ 47.05 Bn by 2016 end. Among the different sources analysed in the food additives market, natural additives are projected to experience significant growth during the forecast period. Japan will remain the largest consumer in the food additives market.

Food additives have become essential ingredients in various food & beverage products such as soft drinks, meat and seafood, bakery and confectionery, dairy products, desserts, snacks, and other products. Apart from the expansion of the processed & convenience food industry, the growing demand for functional food additives also drives the food additives market, globally. In addition, continued research & development activities and associated new product launches by major manufacturers in the food additives market will be another driving factor for the food additives market.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

• Ajinomoto Co., Inc.
• Cargill Incorporated
• Archer Daniels Midland
• Alpha Ingredients Srl
• Kerry Group
• du Pont de Nemours and Company
• Ingredion Incorporated
•  Hansen Holding A/S
•    BASF SE
•   Tate & Lyle PLC
•   Novozymes A/S

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

By Product Type

• Acidity Regulators
• Colourants
• Emulsifiers
• Enzymes
• Hydrocolloids
• Flavouring Agents
• Preservatives
• Sweeteners

By Source

• Natural
• Synthetic

By Application

• Bakery & Confectionery
• Dairy & Frozen Desserts
• Snacks & Convenience Food (Processed & Frozen)
• Beverages
• Meat & Poultry Products
• Others (sauces, soups, and baby food)

Key Regions/Countries Covered

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

Queries Solved

• What is the size of the overall Food Additives Market in the Food and Beverage Market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities, and challenges of the Food Additives Market in the Food and Beverage Market, and how they are expected to impact the market?
• What are the attractive investment opportunities within the Food Additives Market in the Food and Beverage Market?
• What is the Food Additives Market in the Food and Beverage Market size at the regional and country-level?
• What are the key market players focusing on?
• What are the strategies for growth adopted by the key players in Food Additives Market in the Food and Beverage Market?
• What are the recent trends in Food Additives Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the Food Additives Market in the growth of the Food and Beverage Market?
• What are the key market trends impacting the growth of the Food Additives Market in the Food and Beverage Market?

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Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Considering the growing demand for natural & organic gelling ingredients for production of food and beverages, global consumption of gellan gum should continue to increase at a greater pace. However, Future Market Insights projects that over a ten-year forecast period, global consumption will exhibit a moderate CAGR of 3.7%. Global gellan gum sales will incur a sluggish increment till the end of 2026, adding just over 500 MT to the current ballpark figures on global gellan gum consumption. Regardless of substituting agar as thickener for food & beverages and incurring higher use in production of pharmaceutical fluids, global sales of gellan gum will continue to rake in meagre revenues over the forecast period.

Sales of gellan gum is projected to cross US$ 60 Mn by 2026. Sales revenue is likely to record a CAGR of 4.3% over the forecast period. Among the various applications, the food segment dominated the global gellan gum market with more than 50% market share in 2016. Owing to increasing use of gellan gum in food and beverages products globally, the market for food and beverages products is witnessing significant growth.

Presently, gellan gum is widely used as an alternative for various hydrocolloids such as carrageenan gum in various dairy products, protein enriched drinks and other beverages. Gellan gum enables uniform dispersion and suspension of insoluble particulates in protein-fortified beverages and nut milks.

Manufacturers of gellan gum are expanding their production capacity to meet the increasing market demand. Various international events are organised to promote the usage of gellan gum and to increase its customer base around the globe.

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Key Deterrents for Growth in Global Gellan Gum Consumption

• Procuring raw materials required for production of gellan gum remains to be a major challenge for manufacturers. Complex techniques used for formulating gellan gum from lactose or glucose inhibits their production among local players that have a modest manufacturing infrastructure.
• Gellan gum is now being actively substituted by alternative hydrocolloids such as xanthan, pectin and gelatine, which are cheaper to produce and easier to harvest from raw materials. The consumption of carrangeenan, among such hydrocolloids, is projected to gain traction as opposed to gellan gum.

Nevertheless, several companies in the global food & beverage industry will continue to prefer gellan gum as organic thickeners for products such as jellies, soups and packaged yogurts. Leading gellan gum manufacturers in the world are expanding their production capacity, primarily focusing on delivering gellan gum products for food & beverage applications. Royal DSM, a prominent manufacturer of gellan gum, recently acquired manufacturing plants in China, while CP Kelco made headlines for expanding the production capacity of its San Diego plant.

In the report, titled “Gellan Gum Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” Future Market Insights mentions that a majority of gellan gum manufacturers in the global market are based in China, and are incidentally factoring a rampant growth of gellan gum market in the Asia Pacific excluding Japan (APEJ) region. Dancheng Caixin Sugar Industry Co. Ltd., Zhejiang Tech-Way Biochemicals Co. Ltd., Hangzhou Gellan Solutions Biotec Co. Ltd., Zhejiang DSM Zhongken Biotechnology Co. Ltd., Meron Group, Hebei Xinhe Biochemical Co. Ltd., Fufeng Group, and Inner Mongolia Rainbow Biotech Co. Ltd., are gellan gum manufacturers based in APEJ countries such as China and India. In terms of global market value, APEJ gellan gum market will account for over one-third share throughout the forecast period. US-based CP Kelco will continue to account for over 70% of global gellan gum revenues, making North America a dominant region in the global gellan gum market through 2026.

According to Future Market Insights, the global market for gellan gum raked in an estimated revenues worth US$ 46.1 million in 2016, which are likely to increase at 4.3% CAGR to reach US$ 70.2 million by the end of 2026. Demand for gellan gum products will high acyl content will remain lower compared to low-acyl gellan gum products, with global sales of the latter are expected to amount nearly US$ 50 million revenues by the end of 2026. The report also projects that application of gellan gum in global food industry will procure revenues worth over US$ 40 million by the end of forecast period, rendering it the largest application segment in the global gellan gum market.

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Key Questions Answered by the Report

• What is the estimated size of the gellan gum market?

The gellan gum market size is projected to surpass a valuation of US$ 60 million by 2026. The estimated growth rate for gellan gum market will be 4.3% CAGR between 2016 and 2026.

• Which is the largest market for gellan gum?

North America is the dominant market for gellan gum globally. Extensive applications in the food and beverage sector, particularly dairy makes the region a profitable market for gellan gum.

• Which are the top companies in gellan gum market?

Zhejiang Zhongken Biotech Co. Ltd., Biopolymer International, DanchengCaixin sugar industry Co. Ltd., DSM, IHC Chempharm, CP Kelco, Nanjing Joyfulchem Co., Ltd., Xinjiang Fufeng Biotechnologies Co. Ltd., and H and A Canada are among the leading market players.

• What are the uses of gellan gum?

Gellan gum largely finds use in the food and beverage sector to improve suspensions and dispersions for insoluble particulates, especially in functional foods and beverages. The ingredient also finds limited use in pharmaceuticals, personal care, cleaners, and other sectors.

• In which forms are gellan gum available?

Manufacturers produce gellan gums in two types – high acyl content and low acyl content. The production and demand for high acyl gellan gums is higher, with food and pharma applications.

• What is the outlook on Asia Pacific Excluding Japan gellan gum market?

APEJ is a fast-growing market. The region is propelled by China in terms of production and application in beverage segment for protein-fortified products such as nut milk.

• How is the competition structured and evolved in recent years?

The gellan gum market is largely fragmented in structure. Manufacturers are increasingly focused on expansion of production capacities to meet the needs of the varying end use applications.

According to a recent study, Future Market Insights projects that the global for on-the-go breakfast products market will rise at 4.2% CAGR from 2019 to 2026, reaching US$ 1,853.2 million by the end of 2026. In the report, titled “On-the-go Breakfast Products Market: Global Industry Analysis & Opportunity Assessment, 2019-2026,” Future Market Insights estimates that moderate consumption of on-the-go breakfast products in the world is factored by low consumer awareness. While the convenience in consuming & manufacturing packaged food products favours the growth in popularity of on-the-go breakfast products, a majority of consumers are likely to be less aware of the benefits of replacing regular breakfasts with such products

Rising Demand for Quickly-made and Healthy Breakfast Stokes Growth Prospects

Growing demand for packaged foods creates need for increasing presence of on-the-go breakfast products in food & beverage retail stores. Manufacturing ready-to-eat edibles has become profitable for leading F&B companies as innovative technologies continue to deliver cost-effectiveness in production, preservation and packaging processes. Globally, the demand for on-the-go breakfast products is increasing at an unprecedented pace, indicating that consumers from around the globe are preferring quickly-made yet healthy breakfasts such as oatmeal or yogurt cereals. The biggest challenge, however, is that global distribution for on-the-go breakfast products has been riddled with several shortcomings that abridge the supply chain and lower the presence of such products in consumer retail outlets.

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Absence of Strong Distribution Network Curtails Growth

Distribution of on-the-go breakfast products in several regions is projected to be inconsistent, which is hampering the overall growth of the global market. Consumers in developed countries are more aware about on-the-go breakfast products compared to developing regions. Manufacturers in developing countries such as Brazil, China and India, among others, are known to opt for selective distribution channels such as sociality outlets and e-tailing platforms. As a result, the on-the-go breakfast products distribution in these regions is weakened due to less prevalence in other distribution channels. Furthermore, expensive costs of on-the-go breakfast products, compared to other ready-to-eat products, is also sidetracking consumer preferences with respect to packaged breakfast products.

Western Europe Exhibits High Demand for On-The-Go Breakfast Products

In 2016, over one-fourth of the global on-the-go breakfast products revenues are estimated to be amassed from Western European countries. The on-the-go breakfast products market in Western Europe is expected to remain dominant through 2026, reaching US$ 566.4 million in market value. On the other hand, Eastern Europe’s on-the-go breakfast products revenues will incur a sluggish growth, expanding at merely 2.2% CAGR over the forecast period. The on-the-go breakfast products market in Asia-Pacific excluding Japan (APEJ) region will account for over 18% share of global market, while Japan’s on-the-go breakfast products revenues will surpass US$ 200 million by 2026-end. Over the forecast period, sales of on-the-go breakfast products in Middle East & Africa (MEA) will grow at the slowest pace, Latin America’s global market share will remain less than 10%. Meanwhile, growing demand for healthy & convenient breakfasts in the US is expected to instrument a favourable growth in demand for on-the-go breakfast products in North America.

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Key Insights into Market

• Quaker Oats Company is expected to continue being recognised as one of the largest manufacturers of on-the-go breakfast products in the world.
• Throughout the forecast period, the demand for breakfast cereals will continue remain high, accounting for more than 65% of the global market revenues.
• Supermarkets will continue accounting for more than 50% of global distribution of on-the-go breakfast products.
• Expanding market presence through launch of new on-the-go breakfast products such as cereals, drinks or dairy-based items, will be a key strategy for Kellogg’s Co.
• Other companies partaking in the growth of global on-the-go breakfast products market includes, MOMA, Uncle Toby’s, Sanitarium, General Mills, Inc., Anchor, Bagrry’s India Ltd., Weetabix Ltd., and Nestlé S.A.

Micellar casein market, derived from milk has been exhibiting application across diverse sectors. Its increase use for meeting the demand for essential amino acids for healthy living will push the micellar casein market’s overall value to nearly US$ 510 Mn by 2021.

Consumers’ preferences towards protein-rich diet is driving the growth of micellar casein market globally. Micellar casein is a protein found in regular dairy milk processed through filtrations. Processed food products are rapidly growing accelerating the demand for micellar protein. Demand for functional beverages and nutritional food is triggering the growth of micellar casein market. Alongside micellar casein is a slow realising protein and have all nine amino acids.

The rising demand for multiple protein sources among athletes and sportsperson, will aid the expansion of the market. Micellar casein is used as supplements to reduce muscles pain and is increasingly included in nutritional powder or bars. Furthermore, micellar casein is used in healthcare industry to reduce weight, prevent heart related disease and many more. Consumption of micellar casein is more in concentrated form than isolated form as it is easy to use and convenient. The concentrated form of micellar casein held 65.5% of the market in 2020.

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Key Takeaways from the Micellar Casein Market Study:

• Micellar casein market is expected to surpass US$ 820 Mn by 2031
• The U.S. has emerged as a key market in North America. It will hold nearly 90% of North America market in 2021
• The U.K. will account for nearly 15% of the Europe micellar casein market in 2021
• Germany and France are other attractive markets for micellar casein in Europe
• The demand from Japan and South Korea will support expansion in East Asia

“The rising number from dairy products producing companies is anticipated to boost the micellar casein market. It is a key ingredient used to make various dairy products such as cheese, butter, yoghurt, nutritional powder, and many more products. Due to its high protein content and natural, additive-free nature, micellar casein is being increasingly used in various infant nutrition formulas. In order to capitalize on existing opportunities market players have been focusing on product launches across various categories,” said a lead analyst at FMI

Awareness Regarding Health Benefits Micellar Casein Aiding Sales

Flavour, texture, and stability are the key properties that determine the extent to which an ingredient can be used in food and beverage applications. For instance, the bland flavour of micellar casein is very helpful when used in beverages as this helps in highlighting the true flavour of the beverage, while adding the necessary proteins. Micellar casein is heat-stable and soluble at neutral pH, making it particularly useful for non-carbonated nutritional beverages. For instance, Glanbia plc launched Solmiko which is a perfect solution for applications where functionality, flavor, and low-micro counts are critical.

Who is winning?

Some of the leading companies operating in the micellar casein market are The Milky Whey, Inc., Arla Foods Ingredients Group P/S, ProteinCo, Idaho Milk Products, FrieslandCampina Domo, AMCO Proteins, Ingredia SA, Havero Hoogwegt, Glanbia Nutritionals, Inc., Nutrimed Healthcare Private Limited and others.

Company are manufacturing micellar casein protein derived from fresh milk ideal for the fortification of nutritional powders, protein beverages, or for dairy protein fortification. For Instance: Milk protein isolates of Fonterra Co-operative Group are suitable for a variety of applications such as medical nutrition, health food supplements, pediatric products, dairy products, coffee and beverage whiteners, and nutritional beverages.

ProteinCo sells various supplements under the following categories: energy, general health, weightloss products, protein, creatine, amino acids, and hormone health. Its products are applicable for segments such as weight gain, power & strength, muscle recovery, lean muscle, fat lose, speed, energy, endurance, fitness, active lifestyle, general health, and injury prevention.

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Get Valuable Insights into hydrolysed vegetable protein market 

Future Market Insights, in its new offering, provides an unbiased analysis of the micellar casein market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the micellar casein market based on product type (Micellar Casein Isolate, Micellar Casein Concentrate), By Application ( Nutritional Beverages, Clinical Nutrition, Bakery, Meat Product, Nutritional Powders and Bars, Protein Fortification, Dairy Beverages, Supplements,Infant Nutrition, Dairy Products, Cheese, Coffee), and By Distribution Channel (B2B, and B2C) across seven major regions.