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Head Mounted Display Market 2021 By Global Key Players, Types, Applications, Countries, Industry Size And Forecast To 2031

ESOMAR-certified Future Market Insights’ recent report on the head mounted display (HMD) market forecasts a healthy growth outlook through 2021 and beyond. As of 2020, the market registered the growth of 16.1% CAGR, which was primarily bolstered by the increasing adoption of AR/VR technologies in gaming and media & entertainment industries. Future projections indicate a positive forecast, CAGR exceeding 25.9% through 2031.

According to the study, warfare simulations, tactical augmented reality, situational awareness, and many other advantages are provided by HMDs. These aforementioned factors are key drivers increasing the application of HMDs in aerospace and defense sectors. Integration of 5G technology and the need to create Synthetic Training Environment for defense training is boosting the growth of head mounted display market.

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Apart from the aerospace and defense industry, the incorporation of AR/VR in HMDs has increased the usage in various industrial applications such as gaming, virtual shopping, automotive, remote education and many more. Hence, fuelling the demand.

“Advanced technology coupled with the integration of AR/VR in various sector such as education, gaming, military & defense, e-commerce and many more is bolstering the growth of head mounted display market,” remarks the FMI analyst.

Key Takeaways

Eye wear segment is expected to register a growth of over 30.2% CAGR during the forecast period
Increasing application in gaming and media & entertainment is expected to remain dominant
By type, slide-on HMD is anticipated to prevail over other segments through 2021 and beyond
United States is expected be one of the most lucrative market backed by the rise in gaming industry & defense sector
UK is likely to reach a valuation of over US$ 5759.6 Mn by 2031-end to expand at 32.7% CAGR
India to register a growth of over 35.9% CAGR during the forecast period backed by government initiatives to develop AR/VR technologies
China is leading the East Asia HMD market followed by Japan and South Korea

Prominent Drivers

Higher adoption of HMDs in gaming, healthcare and defense sectors is a key driver for the market growth
Increasing adoption of AR and VR technologies is fuelling the demand of HMDs
Surge in demand for lightweight HMDs and portable devices is stimulating HMDs sales

Key Restraints

Lack of standardization and limited battery life is posing a challenge for the market growth
Unavailability of proper knowledge of HMDs is expected to cause a restrain

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Competitive Landscape

Amcor PLC, Berry Global Group Inc., Gerresheimer AG, Comar LLC, Graham Packaging Company, Maynard & Harris Plastics, Alpha Packaging Inc., O.Berk Company LLC, CL Smith, Aaron Packaging Inc., and Clarke Container Inc. are some of the companies profiled by Future Market Insights. Leading players are reliant on the strategies such as product development, mergers and acquisition to strengthen their position in the market.

For instance, on February 25^th 2021, the Indian Ministry of Defense announced that the army is in the process of procuring 556 AR head mounted display systems. The Indian Army will acquire the ARHMD systems under Make-II Category. AR head mounted display serves as an enhancement to land-based air defense weapon systems such as the IGLA shoulder-fired Infrared Homing Air Defense Missile System and the ZU 23mm 2B AD Gun System.

Also, in October 2020, WiMi Hologram Cloud Inc., a leading augmented reality provider announced the launch of its new Mixed Reality HMD product “WiMi Hologram Soft Light”.

Key Segments Covered of the Head Mounted Display Market

Product Type

Head Mounted
Eyewear

HMD Type

Discrete HMD
Integrated HMD
Slide-on HMD

Application

Gaming, Media,& Entertainment
Aerospace, and Defense
Healthcare and Medical Devices
Engineering & Industry Applications
Education
Others

Virtual Machine Market Outlook 2021 Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis And Share By Forecast 2031

Increasing adoption of hypervisor based virtualization over conventional cloud system software and container-based virtualization in the field of computing, which drive developments in the virtual machine industry. The global virtual machine market is estimated to reflect an exponential growth rate of over 15% CAGR during the assessment period from 2021 to 2031. Increasing demand for cloud computing solutions will support developments in the market through the coming years. Data management applications in retail, telecom, government, and information technology sectors are also aiding the development and sales of virtual machine products.

The global virtual machine market is expected to reach a valuation of US$ 119.89 Bn by 2031. Increasing adoption of heavy applications among organizations and rise in cloud computing technologies across the globe has fuelled the demand for virtual machine systems and solutions. Moreover, virtual machines enables time and money saving for businesses.

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“A prominent driving factor for the rapidly growing virtual machine market is the growing perception on the scope of how technology can be deployed in multiple industry settings. While earlier versions of server virtualization software were largely used as a viable avenue for test & development and server consolidation, newer products are gaining ground for utility computing applications,” says the FMI study.

virtual machine market region wise plc position and notable trends, 2021-2031

Virtual Machine Market – Primary Takeaways

Efforts to improve on business agility with devices on multiple OS drives adoption in small and medium enterprises.
VMware, Huawei and IBM accounts for close to 90% of the global market, with commoditization and saturation being key influencers.
The presence of leading cloud computing service providers contributes to the share of the US market.
India and UK are high potential markets owing to the presence of major international IT firms and data centers.

Virtual Machine Market – Growth Factors

Advantages in terms of storage on demand and scalability of operations for rapid data recovery drives growth.
Wide scope of applications in multiple end use industry is a major factor supporting adoption in the market.
Organizational device management improvements allowing simultaneous operations on thousands of devices will boost developments in the sector.

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Virtual Machines Market – Major Constraints

Virtualization resource distribution and backwards compatibility issues are challenges for developers.
Problems with reliability for security and backup in interoperable devices holds back development options.

Expected Impact on Market by Coronavirus Outbreak

The players participating in the virtual machine market have found key opportunities for growth associated with the onset of the coronavirus pandemic. Lockdown restrictions on human movement and the resultant popularity of work from home practices and the demand for cloud services have bolstered operations in the industry. Remote integration of organizational data operations has driven demand.

Growth is likely to continue through 2021 as cloud deployment continues to gain importance. The virtual machines market will witness substantial opportunities for growth in the near future, supported by changes in operational robustness and security standards, with software development opportunities arising from mobile device applications.

Competition Landscape

Prominent manufacturers taking part in the virtual machines market include but are not limited to Parallels Inc., Microsoft Corporation, Proxmox Server Solutions GmbH, VMware Inc., Huawei Technologies, Amazon Web Services Inc., Citrix, Google, Hewlett Packard Enterprise, IBM Corporation, Alibaba Group, and Oracle Corporation.

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Market leaders in the virtual machine market are pushing for product development efforts to improve functionality, with strategic collaborations gaining ground for superior development capabilities and expertise.

NVIDIA and VMware in March 2021 announced the release of their joint AI-ready virtual machine enterprise platform, with transfer learning with accuracy in smaller data set models. Further, Microsoft Corporation announced the launch of a new Azure module for virtual machine operations with signed and verified bootloaders, based on Virtual Trusted Platform Module standards. Linux released its new Virtual M68k Machine patches based on Goldfish interface, which will come with QEMU side support with the 6.0 version in patch form.

Key questions answered in the report

How will Virtual Machine market expand until 2031?
FMI projects the global virtual machine market to register a CAGR of 19.7% between 2021 and 2031. Increasing adoption of cloud computing services across small and mid-sized enterprises is expected to drive the growth.
Which is the most lucrative region in the global virtual machine market?
North America is the most lucrative region in the global virtual machine market and the trend is likely to continue in the near future. Within the region, the demand from the U.S. is expected to be higher.
Who are the leading players in virtual machine market?
Some of the leading players operating in the global virtual machine market include Microsoft Corporation, Amazon Web Services, Google, IBM corporation, and among others.
Who are the leading end users of virtual machines?
Healthcare and manufacturing sectors together are expected to account for over half of sales in the market through 2031.

North America Forage Seed Market Volume Expected to Reach 3,495,837.4 Kilo Tonnes by 2020

FMI Future Market Insights (FMI) delivers key insights on the global forage seed market in its latest report titled “Forage Seed Market: Global Industry Analysis and Opportunity Assessment, 2014 – 2020”. The global forage seed market is anticipated to expand at a CAGR of 8.4% in terms of volume during the forecast period due to various factors, regarding which FMI offers fundamental insights in detail in this report.

Alfalfa seeds segment was the largest contributor to the market in 2013, accounting for a market share of 27.0% in terms of value. The clover forage segment was the second largest revenue generator in the same year. Alfalfa plays an important role as a livestock forage. The demand for alfalfa is primarily driven by its high nutrient content (protein and energy) that helps improve: growth of livestock, maintenance, lactation and reproduction. In addition, alfalfa seeds are widely used for feeding dairy cattle with a view to enhance milk production globally. The clover seed segment of the global forage seed market was valued at USD 2,636.3 Mn in 2013 and is expected to expand at a CAGR of 7.9% in terms of revenue during the forecast period.

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The global forage seed market is anticipated to expand at a high CAGR in terms of value during the forecast period. Owing to the inclining demand for forage seeds across different agricultural farms and cattle farms, the forage seeds market is expected to witness growth throughout the forecast period Along with this, rise in the number of poultry birds and cattle is also foreseen to strengthen the demand for forage feed globally.

The global forage seed market is expected to witness substantial growth during the forecast period. The forage seed market is primarily driven by growing demand for forage feed that is used to feed livestock. In addition, increasing global meat consumption and economic benefits derived from cultivation of forage seed have led to the further rise in demand for forage seeds globally. Apart from this, rising demand for organic meat in order to maintain a healthy lifestyle has been creating future growth opportunities for the forage seed market.

Forages are the edible parts of plants eaten by livestock, and used for feeding grazing animals. Forage feed manufacturers use legumes and grass seeds to plant pastures and hayfields. The major stakeholders across the supply chain of the forage seed market are plant breeders, seed growers and conditioners, seed distributors, seed retailers and finally farmers.

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This report covers drivers, restraints and opportunities that are driving each segment and respective sub-segments of the market, and offers analysis and insights about the potential of the forage seed market in specific regions. Geographically, North America held the key market share of the forage seed market in 2013, accounting for 33.5% market share in terms of revenue. Market growth in this region is attributed to the increasing demand for weed-free forage products, fuelled by the expanding livestock population. Agricultural and livestock farmers are focusing on the use of good forage crops for feeding livestock. Therefore, demand for forage seeds is increasing in view of cultivating forage crops to meet the consumer needs in North America. In 2013, Europe held second largest market share followed by Asia Pacific and Rest of the World.

Growing human population, increasing disposable income and urbanisation are playing an important role in increasing the demand for poultry meat and dairy products in Asia Pacific. Furthermore, the economic benefits, such as crop rotation and risk diversification, of forage seed cultivation are also expected to boost the growth of the forage seed market in Asia Pacific. The forage seed market in Asia Pacific was valued at 511,900 kilo tonnes in 2013 and is expected to expand at a CAGR of 10.3% during 2014-2020.

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Key Players

Key vendors identified across the value chain of the global forage seed market include: Allied Seed, LLC, BASF SE, Dow AgroSciences LLC, S & W Seed Company, Germinal GB, Hancock Farm & Seed Co. Inc., Central Garden & Pet Company, Northstar Seed Ltd, and Heritage Seed Company. These companies are involved in producing chicory seeds, turf grass seed, fescue, timothy grass and ryegrass among others.

In 2013, of these, Allied Seed, LLC was the leading player in the forage seed market as it comprises a strong distribution channel and offers all the major forage seeds related products.

Key Segments Covered

Forage seed Market
- By Product Segment
  - Alfalfa
  - Clover
  - Ryegrass
  - Chicory
  - Others
- By Livestock Type
  - Poultry
  - Cattle
  - Pork/Swine
  - Others

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Table Of Content

1 Introduction

1.1 Report description

1.2 Research scope

1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Market Overview

3.1 Introduction

3.2 Supply chain analysis

3.3 Market drivers

3.3.1 Replacement of by products reducing the feeding cost

3.3.2 Changing food habits and rising meat consumption

3.3.3 Economic benefits of forage seed

3.4 Market restraints

3.4.1 Rising demand for substitutes

3.5 Market opportunities

3.5.1 Increasing demand for organic products

3.6 Market attractiveness by type

3.7 Major players

Chapter 4 Global Forage Seed Market Analysis, by Product Type

Chapter 5 Global Forage Seed Market Analysis, by Livestock Type

Chapter 6 Global Forage Seed Market Analysis and Forecast, by Geography

Chapter 7 Company Profiles

US NFC Lemon Juice Market Registering A Healthy Growth At 6.8% CAGR During The Forecast Period 2021-2031

FMI The US NFC lemon juice market value is expected to total US$ 297.4 Mn in 2021, according to Future Market Insights (FMI). The overall market value is expected to reach US$ 574.7 Mn, registering healthy growth at 6.8% CAGR during the forecast period (2021-2031).

Lemon juice is one of the most widely consumed juices in the U.S. As consumers are becoming increasingly health conscious, consumption of healthy fruit drinks have surged in the U.S. With rising prevalence of lifestyle disorders such as obesity and others, consumers have become increasingly receptive and inclined toward plant-based products, such as juices and other plant-based beverages.

Growth in the market is attributed to the surging demand for on-the-go juice sachets that complement fast-paced lifestyle. With the trend of clean label solutions and veganism making deeper inroad in the U.S., NFC lemon juice manufacturers are encouraged to introduce sustainable and 100% natural products to expand their customer base.

Plant-based products contribute to healthy eating habits, and provide more nutritional value, vitamins, minerals, and healthy fats as compared to animal-derived alternatives. Hence, Future Market Insights predicts, the market growth outlook will remain optimistic, expanding at a robust pace of 6.8%CAGR between 2021 and 2031.

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To meet the growing customer demand for nutritional and sustainable foods, manufacturers are designing goods with natural ingredient compositions and minimal processing. They are also offering convenience and on-the-go foods with a healthy twist to fulfil the millennial palate.

“NFC lemon juice manufacturers are consistently introducing new products that are more innovative in terms of ingredients and flavours. On the backdrop of growing demand for organic and plant-based beverages, NFC lemon juice is being developed without sacrificing taste, flavour, texture, or nutritional value. This is expected to create lucrative growth opportunities across the U.K. and the U.S.” says a lead analyst at FMI.

Consumers are demanding products free-form allergens and other unnatural forms of preservatives. Free-form ties in with clean labeling – where labels such as “free from”, “minimally processed”, “gluten free”, “organic”, and non-GMO” are the first checkpoints in a consumer purchase decision.

COVID-19 Impacted the NFC Lemon Juice Market

Unprecedented outbreak of COVID-19 across the globe improved the sales of NFC lemon juice. With the advent of the pandemic, purchasing patterns of consumers evolved. To reduce the spread of the diseases, consumers are relying on e-commerce platforms and delivery platforms for the purchase.

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Key Takeaways from the US NFC Lemon Juice Market Study:

U.S NFC lemon juice market is estimated to reach US$ 297.4 Mn in the year 2021 , expanding at 6.8% CAGR over forecast period.
Conventional segment accounted for significant share of 85.3% in U.S. NFC lemon juice market.
Organic segment is expected to grow with a CAGR of 8.9% over the forecast period. Growth is attributed to rising preference of organic fruits and vegetables juices are over conventional ones.
On the basis of distribution channel, B2C segment accounted for significant share of 57.9% in U.S NFC lemon juice market in 2021.

Competitive Landscape

Players in the US NFC lemon juice business are banking on rising demand for beauty products in the U.K. Ever-increasing demand for natural personal care products and cosmetics is likely to result in large increases in sales of lemon juice utilized in these products.

Some of the leading companies offering NFC lemon juice are LemonConcentrate S.L., Dream Foods International, LLC, Baor Products S.L., Bevolution Group, Argenti Lemon S.A, Citrus World Inc., Prodalim Group, Citrusvil S.A., Louis Dreyfus Company, Dohler GmbH, and Others.

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NFC Lemon Juice Market by Category

By Nature:

Organic
Conventional

By Distribution Channel:

B2B
B2C
- Modern Grocery Retailer
  - Hypermarkets/Supermarkets
  - Convenience Stores
  - Specialty Stores
  - Groceries
  - Whole Sales
  - Others
- Online Retail

By Application:

Food
- Dairy and Frozen Products
- Bakery and Confectionery
- Jam, Jellies and Preserves
- Others (Fast Food, Sizzler, etc)
Beverages
- Juice
- Soft Drinks
- Squash
- Cider
- Others (Mocktails, Syrups, etc)
- Cosmetics
- Pharmaceuticals
- Flavours
- Others (Decorative, For Artificial Ripening, etc)

Food Preservatives Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2020

FMI Future Market Insights (FMI) delivers key insights on the global food preservatives market in its latest report titled “Food Preservatives Market: Global Industry Analysis and Opportunity Assessment, 2014 – 2020”. The global food preservatives market is anticipated to expand at a CAGR of 3.5% in terms of value during the forecast period due to various factors, regarding which FMI offers fundamental insights in detail in this report.The food preservatives market has grown significantly over the past few years. Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic foods are some of the other factors contributing towards the market growth.

High demand for processed food and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is the fastest growing segment of the global food preservatives market. Presently, healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.

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Market Value and Forecast

The global food preservatives market is anticipated to expand at a high CAGR in terms of value during the forecast period. Rise in the number of food borne diseases is driving the growth of the food preservatives market as preservatives are needed to maintain the overall quality of the food products and to increase their shelf life.

Being perishable, food items need to be stored by adding preservatives, which reduce the chance of bacterial and microbial growth. Increase in food borne diseases, such as diarrhea, stomach flu, vomiting, abdominal pain, and botulism, among others, is driving the growth of food preservatives currently.

Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic food are some of the other factors contributing towards the market growth. High demand for processed foods and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is presently the fastest growing segment of the global food preservatives market. Healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.

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Key Players

Key vendors identified across the value chain of the global food preservatives market include: BASF SE, Cargill Incorporated, Celanese Corporation, Chr. Hansen A/S, Corbion N.V., DuPont, JEY’S F.I. Inc, Kerry Group, Koninklijke DSM N.V and The Archer Daniels Midland Company. The companies are focusing on developing new products and improving the quality of their existing products through research and development activities. Besides, these companies are focusing on geographical expansion in order to gain a competitive advantage.

Key Segments Covered

Food Preservatives Market
- By Product Segment
  - Natural
  - Synthetic
- By Function Segment
  - Antimicrobial
  - Antioxidants
  - Others
- By Application
  - Dairy and milk products
  - Meat, poultry and sea food products
  - Bakery products
  - Beverages products
  - Others

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Table Of Content

1 Introduction

1.1 Report Description

1.2 Market segmentation

1.2.1 Food preservatives market segmentation, type and geography

1.3 Research scope

1.4 Research Methodology

2 Executive Summary

2.1 Global food preservatives market revenue, 2013 – 2020 (USD Million)

2.2 Global Food Preservatives Market Snapshot

3 Food Preservatives Market – Industry Analysis

4 Food Preservatives Market- Product Segment Analysis

4.1 Global food preservative market, by product type: Overview

4.2 Natural

4.3 Synthetic

5 Food Preservatives Market – Function Segment Analysis, 2013-2020

5.1 Global food preservative market, function segment: Overview

5.2 Antimicrobial

5.3 Antioxidants

5.4 Others

6 Food Preservatives Market- Application Analysis, 2013 – 2020

Antioxidants Market expected to reach US$ 3,111.5 Mn by 2020 while expanding at a CAGR of 5.6% between 2014 and 2020

FMI The market for antioxidants witnessed massive slowdown in its progress as a result of the spread of Covid-19 pandemic across the globe. But in the post covid world, with the changing consumer habits, there is an increasing inclination towards consumption and application of vitamin supplements and effective preservation food products has been gradually improving the performance of antioxidants market. As recovery commences in 2021, major players are recuperating their positions through production expansion, capacity utilizations and online selling in 2021 keeping in view the covid-19 norms.

Health benefits of consuming antioxidants have been witnessing an uptick in terms of awareness of consumers towards them. With every passing year, more consumers are being informed about the benefits of consuming antioxidants through food and beverages. Changing diet patterns of consumers and a significant rise in global meat consumption has further surged the demand for antioxidants. Some of the key advantages of consuming antioxidants include:

Counteracting the effects of free radicals produced naturally in our bodies
Different antioxidants can benefit different parts of the body; from eyes and heart to prostate and urinary tract
Protecting skin from photo-oxidation of UV rays
Supporting the immunity system by protecting cellular DNA and cell membranes from mutation

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An exclusive research study by Future Market Insights projects that factors as such are observed to be the key drivers for the growth of the global antioxidants market. Their health benefits will drive their demand in the assessment period, 2014-2020, as the report projects a steady expansion of the global antioxidants market through 2020. During this forecast period, the report expects that increasing intake of antioxidants in optimizing one’s health and improving memory abilities will also serve as a proponent in driving the sales of products containing antioxidants.

Antioxidants Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 3

Key Companies in the Global Antioxidants Market

According to the report, companies namely, Aland (Jiangsu) Nutraceutical Co., Ltd., Archer-Daniels-Midland Company, BASF S.E, Cargill, Incorporated, DuPont, Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreco N.V., and Vitablend Nederland B.V. are observed to remain active in the expansion of the global antioxidants market through 2020. A majority of these producers will be striving the balance the negative effects of antioxidants consumption by boosting the health-benefitting properties of their products.

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Recent Trends in Food Applications of Antioxidants

Key trends that will be influencing the use of antioxidants in the food and beverage industry have been analyzed in the report. They include:

Scientific developments in antioxidant action on lipids
Use of antioxidants as an antimicrobial agent
Hormone research studies proving the key role of antioxidants in protecting the membranes of tissues and cells
Growing use of emulsified oils in production of food products
Rising adoption of in-situ extraction
Increasing consumption of uncomminuted food such as roasted beef
Surging demand for pre-cooked frozen fast foods and freeze-dried foods, among others

Global Antioxidants Market: Segmental Analysis and Regional Insights

The report projects that the demand for antioxidants will be greatly influenced by the changing undercurrents of the food and beverage industry. An extensive value chain analysis and opportunities assessment has been provided in the report to extend the reader’s knowledge on untapped growth potential of the global antioxidants market.

The global market for antioxidants has been segmented on the basis of type of antioxidants and region. With respect to the product-type, the demand for natural antioxidants over synthetic antioxidants is anticipated to remain significantly high through 2020. The report also projects that natural antioxidants will register the fastest revenue growth throughout the forecast period. On the basis of geographies, the global antioxidants market has been further segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. Among these, North America is anticipated to represent the largest market for antioxidants. Robust growth in food & beverage industry, coupled with high meat consumption, will be driving the demand for antioxidants in the US and Canada. The APAC antioxidants market is also anticipated to remain lucrative for manufacturers through 2020.

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Key Players: Antioxidants Market

Key manufacturers identified in the global antioxidants market include Aland (Jiagsu) Nutraceutical Co. Ltd, Archer-Daniels Midland Company, BASF SE, Cargill Incorporated, DuPont, Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreo N.V. and Vitablend Nederland B.V. In order to sustain their market share in the antioxidants market, manufacturers have been entering into various mergers and acquisitions as well as following the strategy of geographic expansion, especially in Asian countries like China, India and other Southeast Asian countries.

Key Segments Covered: Antioxidants Market

By Product Segment

Natural Antioxidants
- Rosemary extracts
- Vitamin A
- Vitamin C
- Vitamin E
Synthetic Antioxidants
- Butylated hydroxyanisole
- Butylated hydroxytoluene
- Others

Cassia Gum Market expected to expand at a CAGR of 6.5%, accounting for US$ 18.9 Mn by 2025

FMI According to the latest market report published by Future Market Insights (FMI) titled “Cassia Gum Market: Global Industry Analysis and Opportunity Assessment 2015-2025”, the cassia gum market was valued at US$ 10.1 Mn in 2015. It is expected to expand at a CAGR of 6.5% from 2015 to 2025, accounting for US$ 18.9 Mn by 2025.

The global cassia gum market is anticipated to expand at a moderate CAGR during the forecast period. Till now cassia gum was preferred to be used as an alternative to gaur gum because of limited awareness and limited research and development activities. However with regulations approvals in various regions around the world and innovations in cassia gum formulations in dairy & confectionery products and pet food, cassia gum is expected to experience an upward trend during the forecast period.

The global cassia gum market is valued at US$ 10.1 Mn in 2015. Companies are increasingly introducing Cassia in their new products, particularly in baby food, dairy and confectionery products such as chocolates, jellies, biscuits. Effective guidelines & standards are crucial across the cassia gum supply chain both for suppliers as well as international buyers. In countries such as India and China; which are the major producer and supplier of cassia gum, there is a near total absence of cassia gum specific rules and standards addressing both production and processing phase.

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The report provides detailed information about various trends driving each segment and offers insights and analysis about market trends in specific regions. The report also includes key market regulations regarding the application of cassia gum in aforementioned food & beverage and manufacturing industry applications. On the basis of region, the market is segmented into seven regions. North America is expected to dominate the market with 29.1% share by the end of 2015. APEJ and Western Europe markets are collectively estimated to account for 34.8% of the total cassia gum market value.

The report also delivers global cassia gum market opportunities, future outlook, trends, BPS analysis, market attractiveness analysis and competitive landscape of the key players in the cassia gum market. The key players in the report have been profiled on the basis of company overview, financials, operating segment share, product and service offerings and key developments.

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Competitive Landscape

Key players in the global cassia gum market include Agro Gums, Amba Gums & Feed Products, Avlast Hydrocolloids, Altrafine Gums, Premchem Gums Pvt. Ltd., Dwarkesh Industries, H.B. Gum Industries Private Limited, Fooding Group Limited, J D Gums and Chemicals.

Key Segment

By Application

Food and Beverages
Animal Food
Dog Food
Cat Food
Animal Feed
Dairy and Confectionary Products
Meat Products
Instant Mix
Manufacturing Segment
Cosmetics
Pharmaceuticals
Paper Industry
Textile Industry
Chemical Processing
Others

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Table of Content

1. Research Methodology

2. Assumptions and Acronyms Used

3. Executive Summary

4. Market Overview

4.1. Introduction

4.1.1. Market Definition

4.1.2. Industry Lifecycle

4.1.3. Regulations – Global Overview

4.1.4. Cassia Gum Permissible Limits – By Application

4.1.5. Market Taxonomy

4.2. Macro-economic Indicators

4.2.1. Global Dairy Ingredients Market

4.2.2. Global Confectionary Market

4.2.3. Global Pet Food Market

4.3. Cassia Gum – Different Identification Numbers

4.4. Cassia Gum – Value Chain

4.5. Cassia Gum – Global Demand Supply Scenario

4.6. Market Dynamics

4.6.1. Drivers

4.6.2. Restraints

4.7. Cassia Gum – Global Pricing Analysis

4.8. Global Cassia Gum Market Forecast

4.8.1. Market Size (Thousand US$) Forecast

4.8.2. Market Volume (Tonnes) Forecast

4.8.3. Absolute $ Opportunity

5. Global Cassia Gum Market By Application

6. Global Cassia Gum Market Analysis By Region

Edible Nuts Market to surpass US$ 20.28 Bn by 2021 and to grow at 8.4% CAGR through 2031

FMI Consumers are increasingly inclining towards healthy and nutrient-rich food items to stay fit and stave off the risk of various diseases. Future Market Insights (FMI), in a new study finds this to be one of the chief drivers of the edible nuts market, which is forecast to surpass US$ 20.28 Bn by 2021. Growth will therefore be driven by consumers selecting snacks that are high in nutritive values.In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for edible nuts. The report tracks the global sales of edible nuts in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food and beverage industry in general, and edible nuts in particular. As the World Health Organization (WHO) recommends the inclusion of edible nuts as a part of a healthy diet in adults, consumers are now recognizing the importance of this functional food for health which is driving the growth of the global edible nuts market.

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With increasing awareness and the need to maintain a healthy lifestyle, consumers are adopting healthy eating habits by including healthy foods such as edible nuts, drinking more water, and including fruits in their diet. These small habits tend to make a large difference in the health and wellness of individuals. As the World Health Organization (WHO) recommends the inclusion of edible nuts as a part of a healthy diet in adults, consumers are now recognizing the importance of this functional food for health which is driving the growth of the global edible nuts market.

Key Takeaways from the Edible Nuts Market Study

Exhibiting Y-o-Y growth at nearly 6.9% in 2021, the edible nuts market will continue exhibiting strong growth through the forecast period
The U.S. has emerged as a key pocket for sales, accounting for over 88% of the North America market based on value in 2021
The demand from the U.K. will continue rising at a high pace. The U.K. is expected to register 10.8% Y-o-Y growth in 2021
Germany and France will remain other key markets for sale of edible nuts in the Europe
Japan and South Korea will emerge as bright spots for sale in East Asia

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Competitive Landscape

Restaurants and hotel chains are partnering directly with growers and suppliers of edible nuts for sourcing of high-quality produce for used in their dishes. For instance, Napa Nuts has partnered with The French Laundry, Mourad, airbnb, The Culinary Institute of America, Marriot, and many more for edible nuts to supplied directly to them.

A few of the leading players operating in the edible nuts market Sun-Maid Growers of California, Hines Nut Company, John B. Sanfilippo & Son, are Archer Daniels Midland Company, Mariani Nut Company, Select Harvests Limited, Olam International Ltd, Durak Findik, Grower Direct Nut Co. Ltd, Borges Agricultural & Industrial Nuts, The Wonderful Company LLC, Germack Pistachio Company, Diamond Foods, Inc., Blue Diamond Growers, Nichols Farms, Keenan Farms and other players.

Edible Nuts Market by Category

Variety

Almond
Cashewnuts
Hazelnuts
Peanuts
Pistachios
Walnuts
Other (Brazil Nuts)

Nature

Organic
Conventional

Product Type

Raw
Roasted
Salted
Others (Glazed, etc)

Form

Whole
Powder
Splits

End Use

Food Service Industry
Household

Distribution Channel

Hypermarket/Supermarket
Specialty Stores
Wholesale Stores
Mass Grocery Stores
Online Retail

Key Questions Answered in Edible Nuts Report

At what rate the demand for edible nuts is expected to grow for the next 5 years?

The global edible nuts market is estimated to grow by CAGR of 8.4% for the next 5 years. Rise in awareness among consumers has a great impact on the preference of the products and in case of edible nuts sales are poised to surge as a result of increasing focus on health and wellness.

Which form of edible nuts is more preferred?

The whole form of edible nuts is highly preferred and the segment hold the largest share in the market. Among different types of edible nuts, whole nuts are most famous due to their application in confectionery, bakery products, and other desserts.

Which are the leading companies are offering edible nuts?

Some of the leading companies offering edible nuts are Archer Daniels Midland Company, Diamond Foods, Inc., Olam International Ltd, Blue Diamond Growers, Mariani Nut Company, Select Harvests Limited, Durak Findik, Grower Direct Nut Co. Ltd among others.

What are the drivers supporting the growth of edible nuts market?

The edible nuts market is driven by the launch of increasing demand for low-calorie food products, rising application of edible nuts in homemade desserts in various regions, and other factors. Edible nuts also are used as key ingredients in homemade granola. Besides this, the increasing vegan and flexitarian population will continue bolstering edible nut market in the coming years.

Which are the key success factors supporting the growth of edible nuts market?

Some of the key success factors supporting the edible nuts market growth are implementation of new production techniques, product portfolio, nuanced marketing campaigns, exploiting economies of sales, and strategic promotional activity and many others.

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Table Of Content

1. Market Introduction

1.1. Global Edible Nuts Market Taxonomy

1.2. Global Edible Nuts Market – Introduction

1.3. Global Edible Nuts Market – Definition

2. Key Trends Impacting the Market

3. Product Innovation / Development Trends

4. Global Edible Nuts Market Dynamics

5. Key Regulations

6. Key Success Factors

7. Edible Nuts Market Consumer Sentiment Analysis

8. Edible Nuts Overview

Organic Pea Protein Market Demand will Rise Exponentially, Registering 17.9% CAGR Through 2031

FMI The pea protein market revenue totaled US$ 3.2 Bn in 2021, according to Future Market Insights (FMI). Exhibiting a CAGR of 14.2% for 2021-31, the market is expected to reach US$ 12.31 Bn by 2031.

The market’s growth trajectory is projected to stay positive, steered by rising demand for sports nutrition and nutraceutical products. As per FMI analysis, sports nutrition and nutraceutical will account for more than 41% of global pea market value share, exhibiting impressive growth through the forecast period.

Millennial consumers are increasingly concerned about their health and nutrition, which has led to increased adoption of organic and natural food, free of additives, with non-GMO certifications. This trend is expected to increase demand for pea protein in the global market.

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Clean-label food products are becoming popular in the market. Pea protein is usually non-GMO and gluten-free. Therefore, it ideally falls in clean-label food categories. Rising demand for vegan, non-GMO, gluten-free and organic products in the food industry bolster demand in the pea protein market.

A growing millennial population is likely to create opportunities for food and beverage manufacturers. North America and Europe will continue to exhibit high demand for pea protein, while South Asia will emerge as a lucrative region for market players.

“The number of vegans and vegetarians on a global scale has risen dramatically in recent years as consumers actively pursue sustainable lifestyles. Following this trend, there has been an increase in demand for vegan and natural products, creating a favorable environment for growth of the market through the coming decade,” says a lead analyst at FMI.

Impact of the COVID-19 Crisis on the Pea Protein Market

The COVID-19 pandemic had a significant impact on consumer food purchasing patterns. Consumers are focusing on food products that will help bolster immunity. Moreover, pea protein is a rich source of iron and it helps to improve the health and strength of consumers.

Consumer inclination for plant-based foods in place of conventional animal-based diets are helping the market gain traction.

Key Takeaways from the Pea Protein Market Study:

The U.S. pea protein market leads in North America and accounts for 82% in 2021. Rising awareness towards personal health from millennials aids growth.
Germany leads the Europe market, supported by the presence of key food processing units, accounting for nearly US$ 222 Mn in 2021.
Japan is emerging as a high potential market in East Asia, reflecting a 18% CAGR through 2031, driven by demand in the cosmetic and personal care sector.
Conventional pea protein holds a share of 90.8% of the global pea protein market in 2021, supported by easier access to raw materials.
Protein isolates, driven by high protein content accounted for a market share of 46.3% in 2021 of the global market.

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Competitive Landscape

Pea protein manufacturers are largely focusing on offering products through various online retailers to meet the needs of the vast global consumer base. Efforts towards complying with quality expectations for pea protein products are gaining traction in the industry.

Some of the leading companies offering pea protein products include Glanbia Plc., Roquette Frères, Cargill Inc., Kerry Group PLC, DuPont De Nemours Inc., The Scoular Company, Puris Proteins LLC, Burcon NutraScience Corporation, Cosucra Groupe Warcoing S.A., Bata Food, Shandong Jianyuan Group, Axiom Foods, Inc., The Green Lab LLC and others.

Pea Protein Market by Category

By Nature:

Organic
Conventional

By Product Type:

Protein Concentrates
Protein Isolates
Textured Protein
Hydrolyzed Protein

By End Use:

Food Processing
- Meat Alternatives
- Bakery Products
- Confectionery
- Snacks & Cereals
- Meat-Based Products
- Functional Beverages
- Others
Animal Feed
- Livestock
  - Cattle
  - Swine
  - Poultry
- Pet Food
- Aquafeed
Nutraceuticals
Sports Nutrition
Infant Nutrition
Cosmetic and Personal Care

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Key Questions Answered in the Report

What is the pea protein market size?The overall pea protein market is projected to surpass US$ 3,275.4 Mn in 2021.
At what rate did the pea protein market grow in the last five years?Demand in the pea protein market increased at 11.4% CAGR between 2016 and 2020.
What are the key trends shaping the pea protein market?Market players are likely to focus on exploring potential new applications to leverage previously untapped revenue streams.
What is the share of the leading pea protein companies?Leading pea protein companies include Cosucra Groupe Warcoing, Nutri Pea Limited, Sotexpro, Roquette Freres, Glanbia Plc who cumulatively account for 45% of the market.
What is the North America pea protein market outlook?North America is dominating the global pea protein market and will exhibit a market value share of 33.4% in 2021.
Which countries are key producers of pea protein?The U.S., Brazil, Canada, China and India are the leading producers of pea protein products.
How is Europe contributing to the global pea protein market?The Europe pea protein market is expected to account for value share of 27.2% in the year 2021.

Aloe Vera Extracts Market revenues to surpass US$ 3.3 Bn by 2026 and anticipated to expand at 7.4% CAGR through 2026

FMI FMI maintains a positive long-term outlook on the global aloe vera extracts market, estimating global revenues to surpass US$ 3.3 Bn by 2026. Volume-wise, the global aloe vera extracts market is anticipated to expand at 7.4% CAGR through 2026. Aloe vera extracts are gaining traction as an essential ingredient in food, cosmetics and pharmaceuticals, with global volume to surpass 60,720.4 tonnes in 2016 end, representing revenues worth US$ 1.6 Bn.

The global aloe vera extracts market revenue is anticipated to expand at a CAGR of over 7.7% in terms of value and 7.4%, in terms of volume during the forecast period. Factors such as increasing trend of consumers towards healthy lifestyle, coupled with increased usage of aloe vera extracts as an ingredient by food, pharmaceutical and cosmetics industries is fuelling market growth across the globe. Currently, the major trends witnessed in the global aloe vera extracts market are: usage of aloe vera in zero sugar drinks, as well as exploring usage of new aloe vera species.

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The extracts are used to formulate aloe vera based products such as powders, gels, capsules, drinks and concentrates. Aloe vera is known to alleviate skin related ailments, cardiovascular diseases, weight loss and many more. Owing to these factors, consumption of aloe vera among consumers across the world has been on the rise.

Demand for aloe vera extracts for manufacturing aloe vera gels, cosmetics products, juices, and yogurts will continue its upward momentum in 2016 as well. The all-pervasive health and wellness trend will also boost positive sentiment on aloe vera, with wide-ranging applications in low-calorie fruit juice and packaged drinking water opening up new avenues of growth.

Cosmetics, the largest end-use sector for aloe vera extracts, will account for over 45% of global demand in 2016, with annual volumes totalling 27,458.5 tonnes – an increase of 6% over 2015.

Competitive Landscape

Lily of the Desert Organic Aloeceuticals, Aloe Farms Inc., Terry Laboratories Inc., Foodchem International Corporation, Natural Aloe Costa Rica S.A., Pharmachem Laboratories Inc., Aloecorp Inc., and Aloe Laboratories Inc. are the market leaders identified across the value chain in the global aloe vera extracts landscape. The global aloe vera extracts market is highly fragmented, with the top eight players accounting for around 6–7% revenue share of the global market in 2015. Leading companies are looking to expand their production capacity and launch new product offerings in a bid to increase market share, expand customer base and achieve a competitive edge.

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Key Segments Covered

By Product Type

Aloe Vera Gel Extracts
Aloe Vera Whole Leaf Extracts
Others

By Form

Gels
Powders
Capsules
Drinks
Concentrates

By End Use Industry

Pharmaceutical
Food
Cosmetics

Key Regions/Countries Covered

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

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Table Of Content

1. Executive Summary

2. Research Methodology

3. Assumptions & Acronyms Used

4. Global Aloe Vera Extracts Market Overview

5. Global Aloe Vera Extracts Market Analysis, By Product Type

6. Global Aloe Vera Extracts Market Analysis, By Form

7. Global Aloe Vera Extracts Market Analysis, By End Use Industry

8. Global Aloe Vera Extracts Market Analysis, By Region

9. North America Aloe Vera Extracts Market Analysis