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Consumers across the globe are shying away from artificial food additives owing to the adverse health effects of synthetic ingredients used in several food and beverage products. With a global shift towards clean label products, natural food preservatives are finding their way into product formulations, resulting in increased demand and subsequently revenue in the global natural food preservatives market. In a new study published by leading research firm Future Market Insights, the growth trajectory of the global market for natural food preservatives has been tracked to witness a CAGR of 5.1% during the 10 year period from 2018 to 2028.

Revenue from the sales of natural food preservatives – estimated to stand at US$ 484.2 Mn at the end of 2018 – is expected to reach US$ 796.5 Mn by 2028. One of the main factors boosting revenue growth in the global market is the rapidly increasing consumption of packaged and processed food. Urbanization and fast-paced lifestyles have altered the food habits of people, who find it convenient to consume packaged and ready-to-eat food products. Processed F&B products need to be preserved using appropriate techniques and safe ingredients to enhance shelf life and prevent the products from being spoiled. This has led to a rise in demand for natural food preservatives.

The harmful impact of chemical ingredients used in the preparation and processing of food and beverage products is creating a shift in the F&B industry towards the use of natural food ingredients. Owing to the harmful health problems caused by chemical additives, F&B manufacturers are moving away from synthetic food preservatives and incorporating safer, natural food preservatives in their products. Further, imposition of stringent regulations by the governments of several countries across the globe against the use of synthetic food ingredients has led to a ban on synthetic food preservatives in the F&B industry. This is another key driver pushing revenue growth of the global natural food preservatives market.

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Natural Food Preservatives Market Not Devoid of Challenges; Manufacturers Struggle to Contain Costs and Battle Latest and More Advanced Food Preservation Technologies

While using natural food preservatives is beneficial from the public health point of view, cost can be a big restraint to sustained growth of the natural food preservatives market. Natural food preservatives come at an elevated pricing over their synthetic counterparts, owing to the high costs of processing and producing natural preservatives. Several mid-sized and small players in the F&B industry confine their production to the use of synthetic and chemical-based preservatives due to the affordability factor. Manufacturers of processed and packaged food products are challenged to contain their production costs and this is a big revenue growth restraint in the global market for natural food preservatives.

Raw material pricing is another revenue puller. Natural food preservatives obtained from vegetables, fruits, and certain types of plants are priced according to the availability and production of raw material. Fluctuating prices of raw material impact operational efficiencies in the natural food preservatives market. Impact of unfavourable weather conditions on the availability of raw material further leads to inconsistent output, as most of the natural food preservatives are sourced from plants.

Key Segments

Global Natural Food Preservatives Market – By Source

• Plant
• Animal
• Microbial
• Mineral

Global Natural Food Preservatives Market – By Product Type

• Microbial Derived
• Nisin
• Natamycin
• Rosemary Extract
• Botanical Extracts
• Natural Acids
• Salts

Global Natural Food Preservatives Market – By Form

• Powder/Granules
• Liquid

Global Natural Food Preservatives Market – By End Use

• Bakery
• Confectionery
• Dairy Products
• Yogurt & Sour Cream
• Cheese & Butter
• Soups
• Beverages
• Dairy-based
• Plant-based
• Juices
• Snacks
• Jams & Spreads
• Meat, Fish, & Poultry Products
• Sauces & Dressings

Global Natural Food Preservatives Market – By Region

• North America
• Western Europe
• Eastern Europe
• Latin America
• Asia Pacific excluding Japan
• Japan
• Middle East & Africa

Another challenge being witnessed in the global market for natural food preservatives is the emergence of newer and more advanced food preservation technologies that might render traditional preservation techniques obsolete in the near future. Techniques such as High-pressure Processing (HPP) – a cold pasteurisation technique that increases shelf life of food products and Pulsed Electric Fields (PEF) – a non-thermal technique that protects food from microbial spoilage through electric pulses are fast gaining traction in the natural food preservatives market. Older methods of preserving food using natural plant-derived preservatives is slowly losing significance, and this is expected to restrain revenue growth of the natural food preservatives market to a certain extent.

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The market for natural food preservatives is witnessing trends such as the development of advanced natural preservatives with more efficiency in shelf life enhancement of food products. A key player in the global market for natural food preservatives very recently developed flavonoids using genetically modified yeast. Food products – especially meat and fruit juices – when treated with these flavonoids, were found to witness substantial delay in spoilage.

The global food thickening agents market size was estimated at US$ 2,268.9 Mn in 2018, growing at a CAGR of 3.8% during 2018-2028, the market valuation is likely to exceed US$ 3.2 Bn, as per a recent market analysis by Future Market Insights. Used across various applications including bakery and confectionery, meat and poultry, sauces and dressings, beverages, and dairy products, food thickening agents have found increased adoption among consumers with changing dietary preferences and growing consumer spending on processed and convenience food products are predominant factors shaping the global food thickening agents market.

Health Benefits Pushing Adoption of Food Thickening Agents

Food thickening agents are commonly used for texture and consistency enhancement, without compromising on taste or savory. Moreover, health benefits associated with food thickening agents is also driving the overall sales. Thickens agents such as gums and starches are used a fat replacers, fibre bearing ingredients gums naturally resist digestion whereas starches act as primary energy sources, and the ability to replace high-carb ingredients by reducing the overall calorie content of the food are some key reasons behind enhanced consumption of food thickening agents. Consumer inclination towards plant-based food thickening agents is estimated to grow, especially among vegans, in the coming years. Economically priced starch offering high stability and viscosity will make it the fastest growing product segment through 2028.

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Application in bakery and confectionary coupled with rising demand for gluten-free bakery products is projected to dominate the global consumption of food thickening agents. The ability of thickening agents to increase the viscosity without altering other taste aspects of the food and beverages and providing an improved mouth feel has made it immensely popular among food manufacturers.

Multiple Functionalities of Food Thickening Agents to Provide Product Innovation Opportunities for Manufacturers

Incidences of medical conditions such as difficulty in swallowing or dysphagia, has led to a greater adoption of food thickening agents as it helps in slowing down the transit of fluids and food, providing more coordination time for the swallowing process. Additionally, cases of dysphagia in infants has created opportunities for food thickening agents manufacturers to come up with innovative baby food, addressing the concern pertaining to rising back of food in the oesophagus, among infants. Since, food thickening agents are also used as stabilizers, providing a longer shelf life to processed food, manufacturers of pet food see this an opportunity to come up with canned food for dogs and cats. Listed in Annex of the Council Directive of Europe, Cassia Gum is considered safe for canned pet foods.

Key Segments Covered

Global Food Thickening Agents Market – By Source

• Plant
  • Guar Gum
  • Gum Arabic
  • Locust Bean Gum
  • Pectin
  • Starches
  • Other Plant Sources
• Seaweed
  • Carrageenan
  • Agar
  • Alginate
• Microbial
  • Gellan Gum
  • Curdlan
  • Xanthan Gum
• Animal (Gelatin)
• Synthetic
  • Carboxy Methyl Cellulose
  • Methyl Cellulose

Global Food Thickening Agents Market – By Application

• Bakery & Confectionery
• Meat & Poultry
• Sauces & Dressings
• Beverages
• Dairy Products
• Other Applications

Global Food Thickening Agents Market – By Region

• North America
• Western Europe
• Eastern Europe
• Latin America
• Asia Pacific excluding Japan
• Japan
• Middle East & Africa

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APEJ Fastest Growing Regional Market for Food Thickening Agents; North America to Remain Dominant

North America is projected to hold the largest market share and will retain its dominant position over the forecast period, attributable to the presence of key companies such as Archer Daniels Midland Company, Cargill Inc., CP Kelco, E. I. du Pont de Nemours and Company, and Tate & Lyle PLC. APEJ is expected to witness highest growth through 2028, owing to changing dietary preferences. Top players in the food thickening agents market held close to 32% of the total market share value by 2017 end. Manufacturers are expected to expand their share in the global food thickening agents market through new product development and enhanced production techniques. Market consolidation through acquisitions and strategic alliances to expand production capacity will remain a key strategy among smaller manufacturers of food thickening agents.

Ascending consumer awareness about the consumption of naturally derived food ingredients is expected to continue underpinning the demand for naturally derived sweeteners over the upcoming years. Being perceived as a potential replacement to conventional sugars, naturally derived sweeteners are likely to demonstrate promising consumption through the next decade. High traction for plant-based sweeteners or those sweetening agents that contain only naturally sourced ingredients is expected to create several opportunities in the consolidated marketplace of naturally derived sweeteners. Furthermore, several governments are extending financial support to encourage natural ingredient cultivation, creating a favorable scenario for farmers especially in developing countries.

By the end of 2028, the global market for naturally derived sweeteners is anticipated to reach the value of over US$ 37 Bn, according to a recent intelligence outlook released by Future Market Insights. With an estimated CAGR of 5.1% over 2018-2028, the global naturally derived sweeteners market is poised to observe a promising growth outlook. Low production cost and higher adoption in multiple end use sectors are supposed to enable APEJ to remain the dominant and most attractive market for manufacturers of naturally derived sweeteners.

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Expensive pricing and unfamiliar aftertaste is currently restricting consumer acceptance of natural sweeteners. However, a growing population base is gradually developing the taste for unconventional natural sweeteners, which is foreseen to benefit the growth of naturally derived sweeteners market. While low-calorie F&B products are gathering visible momentum over the past few years, the industry has also been witnessing a paradigm shift in the consumer attitude towards zero-calorie/no calorie foods, more recently. Likewise, the demand for low-calorie sugar replacement products, i.e. sweeteners is anticipated to be triggered in the near future.

Currently, molasses, honey, and coconut sugar are enjoying higher sales in the market for naturally derived sweeteners. FMI predicts that in the next few years, palm sugar, stevia, and a few other types of naturally derived sweeteners will possibly showcase rapid growth. Based on end use sectorial analysis, the demand for naturally derived sweeteners will remain on a higher side in food and beverages, and pharmaceutical industries. Organic sweeteners will continue to lead by nature, with more than half of the total market revenue throughout the forecast period. FMI forecasts positive growth prospects for organic certified products, fueling the growth of naturally derived sweeteners market in the near future. Moreover, escalating consumer demand for non-GMO, chemical-free, organically cultivated, and fresh and natural products will continue to push the growth of naturally derived sweeteners market globally.

“Naturally derived sweeteners industry is still in its early phase of development as most of the products are yet to be approved or have been recently approved by the authoritative regulatory organizations for usage in various food products. Market penetration into new geographies through strategic partnerships with regional distributors will be observed to emerge as a prominent move of leading stakeholders in the naturally derived sweeteners market. Here, diverse manufacturers are likely to prefer B2B channels for long-term partnerships, with F&B manufacturers.”

• Senior Research Analyst, Food & Beverages, Future Market Insights

While the leading players – accounting for over 80% revenue share – enable the naturally derived sweeteners market to represent a highly consolidated competitive landscape, management of the supply chain will remain a major concern in the long run. Manufacturers are striving to enhance brand awareness among consumers by increasing the availability of their products on retail shelves. Packaging and labeling are also considered crucial to influence purchasing motives of consumers.

With zooming focus on improved product quality and profitability, the market for naturally derived sweeteners is likely to witness the backward integration from manufacturers to raw material suppliers, which is believed to offer the competitive advantage to each stakeholder. Manufacturers of flavoring agents, flavored products, and diet beverages/sports drinks are expected to be responsible for the elevating demand for naturally derived sweeteners.

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However, high price point will continue to act as a barrier to widespread adoption of natural sweeteners by soft drinks manufacturers. Besides expensive cost, strict regulatory norms regarding the inclusion of naturally derived sweeteners as an ingredient in food products may also remain a major factor expected to restrict adoption in the near future, especially in end use sectors such as bakery and confectionery.

Key players in the region are targeting value-added segments or fortification of their offerings by incorporating key ingredients such as vitamins and micro-nutrients into their products to stand out in the competitive landscape. However, this differentiating strategy has been adopted by very few companies that hold strong potential to penetrate the healthy eating consumer base. FMI projects this strategy to help businesses expand their revenue in the naturally derived sweeteners market. Moreover, as competitive pricing will attract a newer consumer base faster and encourage the sales of naturally derived sweeteners over artificial sweeteners, manufacturers are emphasizing supply chain integration with an objective to achieve the control over final retail price.

The consumption of tortillas has increased rather significantly over the past decade. According to an analysis by Future Market Insights, the global Tortilla market is projected to be valued at US$ 12,324.4 Mn by 2032 end, expanding at a CAGR of 3.7% during the forecast period 2022-2032. Despite an extremely slow moving annual growth rate, increased tortilla consumption is predicted in the coming years—mostly supported by population growth, especially among Hispanics, as well as a continuation in the trend of consumer tortilla consumption preferences.

Tortillas have successfully positioned itself in the Latin American market. With a revenue share of +48% in 2021, Latin America clearly dominated the global tortilla market, in terms of value sales, substantially driven by the rapidly growing Hispanic population in the United States. In countries like Mexico, more than 94% of the tortillas are processed or produced using corn as its main source. Flour tortillas have a fairly high value share in the global tortillas market, compared to other variants such as tortilla chips, taco shells, tostadas, and corn tortillas. However, tortilla chips are expected to witness significant consumption in the coming years.

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Research also suggests that, due to increasing demand for Mexican cuisine such as such as tortillas, nachos, enchiladas, tacos, and tamales, especially in North America and Latin America, tortillas, in the on-the-go snacks format, have been gaining traction. Busy lifestyles, deteriorating health conditions, and increasingly urban working population are some factors contributing to the consumption increase of tortillas, as per convenience. Moreover, an in-depth consumer sentiment analysis also indicates that more than 40% consumers buy tortilla products on a weekly basis and +50% consumers buy from modern trade stores like hypermarkets and supermarkets, owing to easy availability of the product at reasonable prices. Tortilla flour-based products, being one of the main Mexican foods, is gaining traction among its target customers throughout the foodservice industry.

Traditional Tortillas in New Convenient, Flavored Formats to Push Global Adoption

The global tortilla market has witnessed a surge a surge in the launch of new products containing innovative flavors over the last couple of years. Moreover, organic or gluten-free new products are being increasingly adopted in Americas, primarily attributable to the rising demand for the product, with added health benefits. The launch of these new flavored products is expected to have a positive impact on the market, thereby fueling the growth of global tortilla market during the forecast period. Moreover, significant growth in organized retailing in the form of hypermarket and specialty markets, which are more likely to make savory snacks popular among the consumers, will significantly drive the adoption of tortillas in the coming years.

Key Food Manufacturers Adding New Features to Tortillas to Expand Consumer Base

In new food formulations, key food manufacturers including Cargill and AB Mauri are leveraging the significant growth in the consumption of tortillas and have come up with new features added to tortillas. Cargill has developed a number of whole grain, low-fat tortilla prototypes in an effort to capture a slice of the growing U.S. market for healthy bread alternatives. With their new patent technology, AB Mauri has developed reduced-fat tortillas, paving way for manufacturers to attract growing base of health conscious consumers. The company’s new patented technology enables manufacturers to develop reduced fat, reduced sodium, wheat-based tortillas. Already widely adopted in American market, AB Mauri has been strategizing on implementing the same patented technology in the European markets as well.

Moreover, FDA approvals for folic acid fortification of corn masa flour, allowing manufacturers to add up to 0.7 milligram of folic acid per pound of corn masa flour, has opened up new opportunities for manufactures to explore new food formulations. Key food manufacturer Bunge, offers corn masa flours and a wide variety of shortenings to help create products that meets all consumer demands.

Market Segments Covered in Tortilla Industry Analysis

Product Type :

• Tostadas
• Taco Shells
• Corn Tortilla
• Flour Tortilla
• Tortilla Chips

Source :

• Corn
• Wheat

Processing Type :

• Fresh
• Frozen

Distribution Channel :

• Online
• Offline
• Supermarkets
• Convenience Stores
• Others

Region :

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

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Key Questions Answered in the Report

How much is the Tortilla market current worth?

Currently Tortilla market is worth more than US$ 26,394.9 Mn (2021). At what CAGR is the market expected to grow?

Tortilla consumption is expected to grow at a CAGR of around 3.4% during the period 2021-2031.

How was the performance in the last five years?

In terms of revenue, Tortilla grew at a CAGR of around 2.3% during 2016-2020.

What are the key trends boosting Tortilla sales?

The growing awareness of health consciousness among customers in the global market has propelled the industry’s expansion in the worldwide market. The utilisation of tortillas in the wrappers is another element driving this market’s global expansion.

Vitamin C offers a plethora of health benefits. Capitalizing on spreading awareness about the same, vitamin C ingredients market players are looking to make a mark. Future Market Insights (FMI) has published a report on the topic. It predicts the market to surge at a steady CAGR of 5.3% between 2019 and 2028. It also pegged the market’s estimated valuation at US$ 2190.2 Mn in 2019.

According to the report, vitamin C helps in healing wounds and prevention of infections, which makes pharmaceutical industry a leading end-user. Furthermore, vitamin C improves absorption of iron from food, it reduces the risk of chronic ailments, control blood pressure, and boosts immune health. The rising knowledge about health benefits of vitamin C will boost the vitamin C ingredients market.

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Some of the key takeaways from the report are:

• In terms of product, the market includes ascorbic acid, sodium ascorbate, calcium ascorbate, ascorbic acid 90% granulation, ascorbic acid 95% granulation, ascorbic acid 97% granulation, coated vitamin C ingredients and others.
• Among product types, the ascorbic acid segment held the dominant 54% of the vitamin C ingredients market share in 2019.
• Asia Pacific excluding Japan, especially China can be credited for the maximum production of vitamin C ingredients.
• APEJ is expected to remain a fairly lucrative market for vitamin C ingredients.  Between 2019 and 2028, the regional market is forecast to rise at an impressive 6.9% CAGR.
• North America, Western Europe, and Japan are expected to remain stable markets for vitamin C ingredients, clocking a steady pace of growth.

Rising Health Awareness among Consumer Identified as Chief Growth Driver

Vitamin C ingredients offer multifunctional benefits perfectly suited for consumers in search of healthy foods hence, vitamin supplements. Vitamin C has become increasingly important in skincare. It is used for prevention of infections, healing of wounds, improving absorption of iron from food, reducing the risk of chronic diseases, and controlling blood pressure. Increasing knowledge about health benefits offered by vitamin C ingredients has made them highly relevant to modern lifestyle, which is a key factor impelling growth in the market.

Vitamin C Ingredients Aid in Disease Cure

Vitamin C is available in different sources, each with unique benefits. Vitamin C ingredients aid development, growth, and repaid of body tissues. Besides this, vitamin C ingredients boost the formation of collagen in body and helps in maintaining good cartilage, teeth, and bone health. Increasing awareness about the same will aid the market’s expansion in the coming years.

They also aid in the cure of degenerative diseases. This has been identified as one of the chief market drivers. Vitamin C contains nutrients that have been proposed, albeit not scientifically, to lower the risk of certain types of cancer, diabetes, cardiovascular diseases, cataracts, and age-related macular degeneration.

Recent Technological Advancements to Aid Growth

In the last couple of years, the market has witnessed several technological advancements especially in the ascorbic acid segment. These developments were intended to benefit manufacturers as they brought about improvements in vitamin C results. For instance, these developments were followed by advent of methods such as spray drying, spray chilling, spray cooling, fluidized bed coating, and extrusion to improve encapsulation. These methods helped achieving higher stability of vitamin C and positively influenced consumer acceptability for carrier foods.

Spurred by aforementioned advances, the market will witness increasing demand around the world. According to the report, Asia Pacific excluding Japan will emerge as the leading market for vitamin C ingredients. Meanwhile developed markets in North America, Western Europe, and Japan will exhibit moderate rate of growth.

“In addition to the aforementioned factors, the rise in disposable income of consumers and their changing lifestyle has greatly influenced the vitamin C ingredients market. The higher consumption of fast food in emerging markets has compelled consumers to look for food supplements. This has in turn encouraged the sales of vitamin C ingredients in this part of the world,” said a lead analyst at FMI.

Who is winning?

For the purpose of the study, the report profiles companies such as Foodchem International Corporation, Koninklijke DSM N.V., CSPC Pharmaceutical Group Limited, and Glanbia Nutritionals China (Suzhou) Co., Ltd, Northeast Pharmaceutical Group Co., Ltd., North China Pharmaceutical Co., Ltd., The TNN Development Limited, Hunan Sunshine Bio-Tech Co., Ltd, Microbelcaps, Wuhan Yuancheng Gongchuang Technology Co.,Ltd, Hangzhou Focus Corporation, Beijing Heronsbill Food Material Co.,Ltd, Curechem Group, Shandong Luwei Pharmaceutical Co., Ltd., Triveni Interchem Pvt. Ltd., Manav Drugs, Akhil Healthcare Private Limited, China BBCA Group Corporation, AB Mauri Lanka and Merck.

• Some of the leading multinational companies in the market have collaborated with local players in China to establish their presence in the country. This is one of the key vitamin C ingredient trends that is expected to prove vital. In addition to this, market players are expanding presence around the world through setting up new facilities and product launches. For instance, Foodchem International Corporation has established its office in Belgium in January 2018.

View TOC of Report @ https://www.futuremarketinsights.com/reports/vitamin-c-ingredients-market/table-of-content

Get Valuable Insights into Vitamin C Ingredients Market

Future Market Insights, in its new report, presents an unbiased analysis of the global vitamin C ingredients market, covering historical demand data and forecast figures for the period between 2018 and 2028. The study divulges compelling insights into growth witnessed in the market. On the basis of product type, the market is segmented into ascorbic acid, sodium ascorbate, calcium ascorbate, ascorbic acid 90% granulation, ascorbic acid 95% granulation, ascorbic acid 97% granulation, coated vitamin C and others. On the basis of form, it is segmented into powder, granules and others. Based on source, the market can be bifurcated into natural and synthetic. In terms of process, it is split between Reichstein process and two-stage fermentation process. On the basis of end use, the market covers food, beverages, cosmetics and personal care products, pharmaceuticals, and animal feed. Regional, the global vitamin C ingredients market covers North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and the MEA.

Phycocyanin possess anti-inflammatory, anti-oxidants, and hypolipidemic properties due to which it is in high demand in the cosmetics industry. Future Market Insights (FMI) in a study has forecast the global phycocyanin market to reach US$ 136.5 Mn in 2021. Phycocyanin consists of antioxidants such as Beta-carotene and Vitamin A, C and E in large quantities, which are helpful in providing skin nourishment. Increasing awareness regarding various health benefits of phycocyanin besides its anti-cancer properties will fuel its use in cosmetics products.

This is because consumers nowadays are likelier to choose treatment that doesn’t require consumption of medicines. The demand for more natural ways of preventing chronic ailments will bode well for the market. Cosmetics made from phycocyanin witnesses a high demand in the due to their wide use in spa, cosmetics such as American ginseng extracts and herbal treatment.

Lately, manufacturers have started producing cosmetic products from phycocyanin that are capable for improving cutin degeneration and also has properties of skin nourishment and preventing from ultraviolet irradiations. Further, there is also growing market in the areas of skin whitening, anti-aging and pigmentation reducing products.

Despite rising demand from cosmetics industry, the food and beverages sector will continue dominating the market through the forecast period. The rising demand for food containing natural colors and in general aversion towards artificial ingredients and additives will strengthen phycocyanin presence in the food sector. FMI has projected the food and beverages industry to account for nearly 85% of the overall market in 2021.

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Key Takeaways from the Phycocyanin Market Study

• The global phycocyanin market is set to 7.1% Y-o-Y growth in 2021, driven by increasing application across diverse industries
• The U.S. remain an attractive market, accounting for over 82% of phycocyanin sold in North America in 2021
• Demand from U.K. will rise considerably. The U.K. market for phycocyanin is expected to register 7% Y-o-Y growth in 2021
• Germany and France will emerge as other attractive markets in Western Europe
• China and India will emerge as lucrative pockets in Asia Pacific excluding Japan
• Japan market will record 5.7% Y-o-Y growth in 2021 in terms of value

“In order to gain competitive advantage, market players have been focusing on research and development initiatives. This is especially common among new entrants intending to seal their position with the launch of innovative products in the market,” said a lead FMI analyst.

Who is winning?

Several top manufacturers of phycocyanin are concentrating on providing phycocyanin at an optimum price, owing to their increasing demand among consumers. Different companies have implemented integrated production approach to delivering cost-effective products in the market to escalate their industry footprints and to upsurge their production capacity. Prominent players of phycocyanin are endowing in research and development to produce organic, non-GMO products from phycocyanin.

A few of the leading players operating in the Phycocyanin market are Chr. Hansen Holding A/S, Cyanotech Corp, DDW Inc., DIC Corporation, Dongtai City Spirulina Bio-Engineering Co., Ltd., Fuqing King Dnarmsa Spirulina Co., Ltd., GNT Holding B.V., Sensient Technologies Corp., Parry Nutraceuticals Limited, Döhler GmbH, Naturex S.A., Naturalin Bio-Resources Co., Ltd, Far East Bio-Tec Co., Ltd., Fraken Biochem Co., Ltd. and other players.

Get Valuable Insights into Phycocyanin Market

Future Market Insights, in its new offering, provides an unbiased analysis of the Phycocyanin Market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Phycocyanin market based on Nature (Organic, Conventional), Form (Powder, Liquid), Grade (Phycocyanin E18, Phycocyanin E25, and Phycocyanin E3.0), and Application (Food & Beverage, Cosmetic & Personal Care, Nutraceuticals, Animal Feed, and Aquaculture) across seven major regions.

View TOC of Report @ https://www.futuremarketinsights.com/reports/phycocyanin-market/table-of-content

Key Questions Answered in the Report

Q1. At what rate the demand for phycocyanin is expected to grow for the next 5 years?

The global phycocyanin market is estimated to grow by CAGR of 6.8% for the next 5 years.

Q2. Which form of phycocyanin is more preferred?

The powder form of phycocyanin holds the dominant share in the market and is forecast to grow at 6.7% CAGR by 2031. Powder form is more preferred because it allows high flexibility with dosing and offers active nutrient delivery. In powder form, the absence of water prevents the occurrence of oxidative phenomena which degrades blue protein.

Q3. Which are the leading companies offering phycocyanin?

Some of the leading companies offering phycocyanin are Chr. Hansen Holding A/S, Cyanotech Corp, DDW Inc., DIC Corporation, Dongtai City Spirulina Bio-Engineering Co., Ltd., Fuqing King Dnarmsa Spirulina Co., Ltd., GNT Holding B.V., Sensient Technologies Corp., among others.

Q4. What are the key factors supporting phycocyanin use?

Some of the key factors supporting use of phycocyanin includes the increasing awareness about high nutrition value of Spirulina, approval of phycocyanin extracted from Spirulina for use in food and beverages by regulatory agencies, government initiative towards production of Spirulina, and launch of new varieties of natural color’s produced from Spirulina and many others.

The rising awareness among consumers about a multitude of health benefits of plant-based sources of protein has been aiding the market for texturized vegetable protein. Future Market Insights (FMI) in a new study has forecast the market to reach US$ 1.03 Bn by the end of 2021. Growth forecasts continue to remain positive for the market, thanks to increasing number of vegetarian population worldwide.

Continuously increasing demand for food & beverage products which provide nutritional benefits with sensory taste is one of the major factor driving the demand for texturized vegetable protein. Due to increasing awareness regarding animal cruelty and environmental damages caused by excessive consumption of might the demand for texturized vegetable protein is expected to increase.

These protein sources also contain lower amount of saturated fat and cholesterol as compared to meat products hence are considered to have more health benefits. Among products available, the demand for soy protein is expected to be the highest. As per FMI, the soy protein segment is forecast to account for over 80% of the market through 2031.

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Key Takeaways from the Texturized Vegetable Protein Market Study

• The North American texturized vegetable protein market leads in terms of market size and accounts for 30.1% of the global texturized vegetable protein market in 2021.
• The Soy Protein texturized vegetable protein market is expected to have a market share of 70.0% of the global texturized vegetable protein market in 2031.
• In the nature segment, Conventional holds 97.9 % of the texturized vegetable protein market.
• In the end-user segment, Industry holds the maximum market share of 76.1% in 2021 of texturized vegetable protein market where Meat Analogues holds 42.8% globally in 2021.
• Soy protein has a major share by product type and is anticipated to grow significantly over the forecast period. North America have a large number of companies and thus, majority of companies are emphasizing on offering non-GMO products, which are processed through extrusion-based technology, with enhanced functional properties so that their product can comply with strict requirements of clean label products.

“Benefits of opting vegan proteins are now gaining popularity due to which many big companies are investing in the production and innovation of texturized vegetable protein. Several manufacturers are acquiring or merging with key companies to expand their product portfolio and increase their market share. E-commerce and online stores are easing entry barriers and distribution costs. These factors are expected to make competition fiercer within the market” said a lead analyst at FMI

Who is Winning?

The global population is increasing at a rapid rate and it is expected that the population will be around 9.5 Bn by 2050 from 7 Bn in 2017. The situation is set to put quite a strain on the food and supply of raw material, resulting in the need for alternate protein sources. Key players operating in the market are adopting various strategies, which include expansion of production capacity and launch of various products.

For Instance:

• CHS Inc. provides Ultra-Soy, a texturized soy protein with an expectation to improve the customer experience for meat alternatives. The company acquired Legacy Foods in 2008 to makes its own brand of soy-based products and started offering Ultra-Soy in the texturized vegetable protein market.
• Roquette Frères expanded the production capacity of its pea protein-producing facility in Europe texturized vegetable protein market to increase the production. The company launched a new vegan pea protein NUTRALYS T70S into the texturized vegetable protein market which is suitable for vegetarians as well as vegan applications.
• In 2018 Sotexpro SA,  launched Texta Pois 72/90 with 72% vegetable protein.
• In October 2015, Archer Daniels Midland acquire more stakes in Wilmar Int. Ltd. from 17.3% to 18% to expand its presence in Asia pacific market. Further company bought shares in Harvest Innovations, which offers pressed soy protein product and many more.

A few of the leading players operating in the texturized vegetable protein market are Archer Daniels Midland Company, CHS Inc., Roquette Frères, Beneo GmbH, Danisco A/S, Vestkron A/S, Cargill Inc., FUJI OIL CO., LTD., Puris Proteins, LLC., MGP Ingredients, Inc., Crown Soya Protein Group, Sotexpro SA, Wilmar International Ltd., Gushen Biotechnology Group Co., Ltd., Ingredion Inc.

Get Valuable Insights into Texturized Vegetable Protein Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the texturized vegetable protein Market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the texturized vegetable protein market based on Product Type (Soy Protein, Wheat Protein, Pea Protein, and Rice Protein), By Nature (Organic and Conventional), By Form (Chunks, Slices, Flakes, and Granules), By End Users (Household, Commercial, and Industrial) and By Distribution Channel (Direct, Store Based, Hypermarket/ Supermarket, Convenience Store, Traditional Grocery Retail, Online Retail.) across seven major regions.

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Key Questions Answered in the Report

Q1. Which is the most lucrative market for texturized vegetable protein?

The U.S. currently leads the global market for texturized vegetable protein. Sales in U.S. will account for over 91.7% of total demand in North America.

Q2. Which is the top-selling product type of texturized vegetable protein?

Soy protein is highly sought-after among products available. Soy protein is expected to continue leading the market for texturized vegetable protein through 2031. Other than soy and pea, proteins such as faba bean, lentil, and corn are also available in the market.

Q3. Who is the leading end user of texturized vegetable protein?

Industrial sector remains the leading end user of texturized vegetable protein as application continues to rise in bakery, snacks, ready meals, sports nutrition, clinical nutrition, baby food, meat analogues and others.

Q4. Which form of texturized vegetable protein is more preferred?

Granules form is expected to hold maximum share in the market due to their increasing application in various food products such as cereals, snacks, and others.

Q5. Which are some of the leading companies offering texturized vegetable protein?

Some of the leading companies offering texturized vegetable protein are Archer Daniels Midland Company, CHS Inc., Roquette Frères, Beneo GmbH, Danisco A/S, Vestkron A/S, Cargill Inc., FUJI OIL CO., LTD., Puris Proteins, LLC., MGP Ingredients, Inc., Crown Soya Protein Group, Sotexpro SA, Wilmar International Ltd., Gushen Biotechnology Group Co., Ltd.,Ingredion Inc.

In a new publication, Future Market Insights (FMI) projects that in terms of value, the global micronized salt market revenue will expand at a CAGR of 3.6% during the forecast period. In terms of revenue, the global micronized salt market accounted for US$ 2,319.0 Mn in 2018 and is anticipated to increase to reach US$ 3,305.8 Mn by 2028. A detailed competition assessment and revenue forecasts for a period of 10 years from 2018 to 2028 are elaborated with respect to each segment and sub-segment of the global micronized salt market.

The micronized salt market is segmented based on grade and application. By grade, the micronized salt market is segmented into purity 98% – 99.5% and purity above 99.5%. Among both of these segments, purity above 99.5% is expected to dominate in the global micronized salt market both in terms of value and volume during the forecast period. By application, the micronized salt market is segmented into bakery & confectionery products, meat, poultry & seafood, milk & dairy products, beverages, canned/preserved fruits & vegetables, prepared meals and others. Among all these segments, bakery & confectionery products is expected to account for the largest value share followed by the meat, poultry & seafood segment by 2028 end.

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Micronized Salt Market: Segmental Insights

• By region, the market in North America is the largest in terms of volume but the market in China is expected to exhibit high growth opportunities owing to a growing industrial sector and increasing consumption in households.
• By type, the high purity segment (above 99.5%) is likely to lead the global market with a high market share and value; this segment is also expected to grow at a robust rate over the forecast period.
• By end use, the bakery and confectionery segment is expected to surpass all the other segments owing to high demand for micronized salt for the preparation of baked goods, breads, snacks and other products. However, the prepared meals segment is projected to grow at a higher growth rate of 4.6% during the forecast period owing to the greater per capita consumption of high quality prepared meals incorporating pure salt.

Factors Influencing Growth in Demand for Micronized Salt

The growth of the global micronized salt market is influenced by a plethora of factors. The magnitude of these factors and their impact changes from one region to another, thereby impacting the growth of the market in the assessed geographies. Various factors contributing to the growth of the global micronized salt market include increasing production of beverage products and processed food, demand for low sodium content salt, an expanding food and beverage sector across the globe, rising production of preserved and processed meat products, and increasing demand for micronized salt from the household sector, among others.

However, the advent of salt substitutes, high costs of micronized salt, and abundance of alternatives such as high purity solar salt are posing challenges to the growth of the global micronized salt market.

Detailed profiles of some of the companies operating in the micronized salt market are included in the scope of the micronized salt market report to evaluate their long-term and short-term strategies, key offerings and recent developments in the micronized salt market. Micronized salt manufacturers include K+S Aktiengesellschaft, Ciech S.A.., Tata Chemicals Ltd., AkzoNobel N.V., INEOS Group Limited, Dominion Salt Limited, AB Hanson & Mohring, Cerebos Ltd, Kensalt Ltd., Cheetham Salt Limited, ACI Limited, WA Salt Group, Cerebos Ltd, Infosa, Nirma Limited, Zoutman NV, BGR International Ltd., China Salt Jintan Co., Ltd., Australian Saltworks and Suedwestdeutsche Salzwerke AG among others.

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Key Questions Answered by the Report

• What is the size of the micronized salt market?

The micronized salt market is expected to hit a US$ 3.3 billion value by 2028. The growth rate for the micronized salt market is estimated at 3.6% CAGR between 2018 and 2028.

• Which are the largest markets for micronized salt?

North America and Western Europe remain the dominant markets for micronized salts. Expansion of food and beverage processing activities in these regions are major influencers.

• Which are the top companies in micronized salt market?

Suedwestdeutsche Salzwerke AG, K+S Aktiengesellschaft, Australian Saltworks, Ciech S.A., China Salt Jintan Co., Ltd., and Tata Chemicals Ltd. are among the leading market players in the global micronized salts market.

• What are the uses of micronized salt?

Micronized salts are primarily used as a preservative and flavouring agent in the food and beverage industry, for longer shelf life, supported by high consistency and purity.

• In which grades are micronized salt available?

Manufacturers produce micronized salts in two forms – 98 to 99.5% purity and above 99.5% purity. The demand and production of above 99.5% purity micronized salts is greater, aided by applications in processed food and beverage formulations.

• What is the outlook of the Asian micronized salt market?

China and India are displaying high growth rates in terms of micronized salt consumption and demand through the forecast period with recent growth in the regional food and beverage industry.

• How is the market for micronized salts expected to shape up in the near future?

With increased demand for low-sodium salt options and the rising production of processed and preserved meats, the demand for micronized salt is likely to remain strong. However, availability of alternatives such as high purity solar salt and high costs of micronized salt hurt market potential.

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.

The global sales of protein hydrolysate ingredients are expected to grow by 6.80% in 2021, reaching 33,268 MT in terms of volume. Future Market Insights (FMI) forecasts that protein hydrolysate ingredients market will grow at a compound annual growth rate (CAGR) of 7.30 %.

FMI has identified Arla Food Ingredients, Kerry Group Plc, Glanbia PLC, Friesl and Campina N.V., and Hilmar Ingredients as key players in the protein hydrolysate ingredients market. They collectively account for more than 25% market share in 2021.

Growing popularity of sports nutrition as consumers are switching towards healthy lifestyle is fueling the demand for sports nutrition segment especially whey protein hydrolysate ingredients.

Increasing awareness among consumers about the health benefits of high protein content diets and supplements will create growth opportunities for the market. It also is expected to gain from growing emphasis on deriving protein hydrolysate ingredients from best protein source.

Increasing demand for versatile clinical nutrition with great taste will drive the market during the forecast period. Application in infant formula also will increase, especially in emerging economies and is predicted to boost the consumption of protein hydrolysate ingredients in coming years.

Protein hydrolysate ingredients infused infant formula products are increasingly occupying shelves spaces in convenient stores and supermarkets across the globe. With launch of a large number of new infant and toddler formula products, rising awareness regarding the early nutritional value in infant, and increasing consumer spending on baby’s health care products, the market is expected to grow at an accelerated pace in the coming years.

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Key Takeaways from FMI’s Protein Hydrolysate Ingredients Market Study

• North America protein hydrolysate ingredients market is forecast to grow at 7.90% CAGR during the assessment period. Sales uptick can be attributed to high consumption of whey proteins and other protein ingredients and expansion of specialty food ingredient processing industries in the U.S.
• With increasing production of whey powder and growing demand for plant based protein alternatives in U.K and Germany, Europe protein hydrolysate ingredients market is predicted to expand at more than 6.90% CAGR through 2031.
• Asia Pacific is expected to offer lucrative opportunities for market growth, backed by rising penetration of large number of infant and toddler formula products in China and Vietnam.
• Japan and South Korea account for 5.3% and 5.1% of the global market share respectively in 2021. Growing consumer inclination towards healthy lifestyle and rise in number of health centers and gymnasiums are the key growth drivers in these countries.

“Introduction of snack bars and protein gels with enhanced functionality and taste shape up the protein hydrolysate ingredients market in the future. Rise in health conscious population will fuel the demand for organic labels, protein bars, complete whey milky beverages and powder shakes across the globe,” says the FMI analyst.

Competitive Landscape

Prominent players in the international protein hydrolysate ingredients market are Arla Food Ingredients, Kerry Group Plc, Glanbia PLC, FrieslandCampina N.V., and Hilmar Ingredients. These accounted for a cumulative share of approximately ~25-30%.

Leading market players are focusing towards expanding their product portfolio to consolidate their market position. For instance, Arla Foods announced its first organic ingredient MicelPure in August 2020, to cater the ever growing demand for natural protein ingredients. MicelPure is 87% native protein suitable for functional ingredient-based health foods. It is heat stable, contains minimum fat and lactose content.

In 2016, Arla Foods launched new whey protein hydrolysate specially designed for applications in gel, powder, milky beverage, and clear beverage. The enzymes will break down the whey protein and the ingredient will be absorbed by the body at a faster rate.

Emergences of new players have positively influenced the market growth through new product launches. In 2021, A new infant formula U.S. based start-up company, ByHeart reported the completion of its infant formula clinical trials and is on the way to become 4^th fully integrated FDA-registered, U.S. based infant formula brand in the country.

Prominent players operating in the protein hydrolysate ingredients market are:-

• Arla Food Ingredients
• Glanbia PLC
• FrieslandCampina N.V.
• Kerry Group Plc
• Hilmar Ingredients
• Armor Proteines
• Davisco Foods International, Inc. (Agropur Inc.)
• Fonterra Co-operative Group Limited
• Carbery Group Limited
• Costantino & C. spa

 More Insights on the Protein Hydrolysate Ingredients Market

In its latest report, FMI offers an unbiased analysis of the global protein hydrolysate ingredients market, providing historical data for the period of 2018-2028 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 ingredient type (milk protein hydrolysate ingredients, whey protein hydrolysate ingredients, casein hydrolysate ingredients, plant protein hydrolysate ingredients, and meat protein hydrolysate ingredients), product form (powder and liquid), end use (infant formula, clinical nutrition, sports nutrition, bakery & confectionery, sauces & spreads, and others), across seven major regions of (North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan, Japan, and Middle East and Africa.)

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Key Points Covered in Protein Hydrolysate Ingredients Market Study

• Market estimates and forecast 2021 – 2031
• Key drivers and restrains impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competitive Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact On Protein Hydrolysate Ingredients Market
• Recommendation on Key Winning Strategies

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.

The global elder care subscription market is expected to expand at a CAGR of 16% over the forecast period (2021-2031). The growth can be attributed to the growing ageing population across different countries. As per the latest Future Market Insights (FMI) study, the market valuation is expected to surpass US$ 1.3 Bn in 2021.