Protease Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2031

Protease, lipase, and phospholipids are examples of enzymes that are acknowledged as alternatives to traditional chemicals and give solutions to problems associated with synthetic chemicals. As per Future Market Insights (FMI), the protease market is projected to rise at 7.8% CAGR, reaching US$ 3.94  Bn through 2031.

As synthetic chemicals used in industrial operations are toxic and can cause environmental hazards. Enzymes generated from plants and microbes, such as sugars and protease, have no detrimental environmental impact because they work under mild settings.

As a result, textile, protein hydrolysis, bread, brewing, dairy, and animal nutrition industries are widely adopting protease which is generated from plants, animals, and microorganisms. To achieve higher yields and cleaner goods, the leather industry has moved to proteases and trypsin instead of lime and sulphides.

As per FMI, amylase and protease are utilized to increase output in bakery and confectionary. Due to growing adoption of protease in bakery, the market is expected to register over 13.9% of sales during the forecast period.

As enzymes can also be utilized to boost the nutritional content of food and feed. Enzymes also reduce water usage, chemical waste, and by-product generation, posing little dangers to individuals and the environment. As a result, they are thought to be cost-effective, safe, and environmentally benign.

Chemically produced products can cause threat to human life and have a negative impact on the environment. The majority of industrial manufacturing enterprises are switching to safer, naturally produced products in place of harmful chemical products.

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Key Takeaways from the Protease Market Study:

  • Based on product type, microbial protease emerge dominant, accounting for over 59.0 % total market share in 2021
  • Plant based protease segment will register robust growth at a CAGR of 7.2 % between 2021 to 2031.
  • In terms of end-use application, bakery and confectionary will account for maximum sales during the forecast period. In bakery and confectionary, breads sub-segment will dominate the segment, accounting for over 44.7% of market share.
  • The U.S. is expected to be the most lucrative market on the back of surging consumption of dietary supplements enriched with protein enzyme among millennials
  • Italy and Germany are expected to hold the largest market share across Europe, capturing over 18% and 16% market share, respectively.
  • India is anticipated to spearhead the growth of South Asia’s protease market, followed by Thailand

“Consumers’ demand for more natural products, free from chemical additives is increasing with time. Protease enzymes can be used as a replacement for bi-sulfite, a chemical compound additive. Rapid advances in technology have made new proteases available for the food and beverage industry. This is expected to help in growth of the protease market in the coming years” said a lead analyst at FMI.

Who is Winning?

Key players operating in the market are focusing on new product launches and innovation in protease to cater surging demand from sports nutrition and bakery & confectionary. Manufacturers are also collaborating with pharmaceutical as well as local vendors to expand their customer base.

Some of the leading companies offering protease are Novozymes A/S, Advanced Enzymes Technologies Limited, BASF SE, Royal DSM N.V., E.l. Du Pont de Nemours & Company, Rossari Biotech Limited, AB Enzymes GmbH, Lallemand Inc., Amano Enzymes Inc., Biocatalysts Limited, Creative Enzymes, Nagase & Co., Ltd., Chr Hansen Holding A/S, Jiangsu Boli Bioproducts Co. Ltd., Kemin Industries, Inc, and Others.

Protease Market by Category

By Form:

  • Liquid
  • Powder & Granule

By Product Type:

  • Animal
    • Trypsin
    • Renin
    • Pepsin
    • Others (chymotrypsin, thrombin, elastase, etc.)
  • Plant
    • Papain
    • Keratinases
    • Others (Ficin, Bromelain, etc.)
  • Microbial
    • Alkaline
    • Acid stable
    • Neutral
    • Others (Proteinase K, Peptidase, etc)

By End Use Application:

  • Dairy Products
  • Brewing
  • Meat Products and Processing
  • Bakery & Confectionery
    • Breads
    • Cookies & Crackers
    • Pastries
    • Waffles
    • Other Bakery & Confectionery
  • Baby Food/ Infant Food
  • Oil & Fat Processing
  • Starch and Grain Processing
  • Fruits and Vegetable Processing
  • Cheese Making/ Processing
  • Egg Products
  • Beverages
  • Dietary Supplements
  • Pharmaceutical Products
  • Personal Care Products
  • Animal Nutrition

By Region:

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

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Key Questions Answered in the Report

  • What is the protease market demand outlook?

As per FMI, the protease market is expected to grow at 7.8% CAGR between 2021 and 2031.

  • At what rate did the demand for protease increase in the last five years?

The demand for protease increased at 6.1% CAGR between 2016 and 2020.

  • Which is the most lucrative market for protease?

North America is leading the protease market, contributing over 27.3% of market share through 2031. In North America, the U.S. is expected to be the most lucrative market of protease, registering growth at 5.2% CAGR.

  • Which are some of the leading companies offering protease?

As per Future Market Insights, Rossari Biotech Limited, AB Enzymes GmbH, Novozymes A/S, BASF SE, E.L. Du Pont de Nemours & Company, Advanced Enzymes, and Nagase & Co. Ltd among others are identified as key players.

  • Which are the key factors supporting the growth of protease market?

Some of the key factors supporting the protease market growth include increased application of protease in bakery & confectionary, dietary supplements, and infant food, and expansion of product portfolio. Additionally, growing demand for clean label and sustainable organic food products is supporting the growth of protease market.

  • What are the key trends shaping the protease market?

Companies operating in the protease market are likely to focus on production of sustainable products with extended shelf life to gain competitive strength.

  • What is driving protease sales in the U.K.?

Increased application of protease in bakery and confectionary will create increasing opportunities for protease sales in the U.K.

  • What is China’s contribution towards protease sales in East Asia?

Over 38.6% of protease sold in East Asia is expected to concentrate in China.

  • What is the outlook for protease sales in South Korea?

South Korea is expected to contribute over 29.6% of protease sales in East Asia.

Galactose Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2031

As per a recent market analysis by Future Market Insights (FMI), demand for galactose is expected to rise at a 5.6% CAGR, with the market valuation projected to reach of US$ 45,112.9 Mn in 2031.

Changes in consumers’ eating habits, along with increasing consumption of ready-to-eat meals due to hectic lifestyle and busy schedules are some trends driving sales of galactose in the food and beverage industry.

Owing to high demand, manufactures operating in the packaged food sector are incorporating galactose as an alternative to chemically processed sugar. In addition to this, expansion of the vegan population, and high focus on wellness-based products will continue fueling sales of galactose over the forecast period.

Rising awareness regarding usage of artificial and synthetic sugar in food and beverages spurring demand for galactose. Consumption of synthetic sugar results in health disorders such as high blood pressure, excessive weight gain, and increased risk of heart related disorders. In response to this, manufacturers are investing in research and development activities to launch plant-derived galactose in the market.

In addition to this, increasing demand for galactose from the personal care industry is anticipated to bode well for the market. Galactose is an exfoliant, which removed dead cells, minimizes pores, and doesn’t increase sun exposure, making it a vital ingredient in skincare products. This trend is anticipated to continue over the forecast period, resulting in high demand for galactose.

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Key Takeaways:

  • Crystal type of galactose is estimated to hold over half of the market in 2031.
  • Based on product type, D-Galactose is expected to account for lion’s share of the total galactose sales in 2021.
  • In terms of source, plant-derived sugar is anticipated to command the galactose market share.
  • Sales of galactose in India are projected to rise at a robust 8.1% CAGR over the forecast period.
  • The U.S. is estimated to account for more than 81% of the North America market in 2021.

The U.K. is projected to dominate the Europe galactose market with a market share of 14.8% in 2021.

Galactose Application in Personal Care Industry Creating Opportunities for Market Growth

Galactose has many anti-inflammatory and probiotic properties. These properties make it ideal for inclusion in exfoliating and nourishing skincare products. Galactose belongs to the PHA family of chemical exfoliants, which is a new generation of well-known AHAs and BHAs.

PHAs mildly exfoliate the skin, making them suitable for usage on all skin types.

It can help minimise the appearance of dark spots and hyperpigmentation, and unlike other chemical acids like AHAs, it doesn’t increase sun exposure.  All these factors are leading to a higher application of galactose in the personal care industry.

Competitive Landscape

Some of the leading companies offering galactose are Thermo Fisher Scientific Inc., Merck KGaA, Kyowa Hakko Kirin Co., Ltd., Kyowa Hakko Kirin Co., Ltd., Suven Life Sciences Ltd., Nacalai Tesque Inc., Cayman Chemical Company, Inc., Anhui HeGeng Biotech Engineering Co., LTD., Tereos Starch & Sweeteners s.a.s, Cambridge Isotope Laboratories, Inc., and others.

Key players operating in the global galactose market are focusing on reaching a large consumer base by targeting emerging countries such as China, India, and Brazil. As a part of their growth strategies, players are investing in research and development to launch innovative plant-derived galactose products. Besides this, mergers, acquisitions, and strategic collaborations are expected to aid market players in expanding their global footprint over the forecast period. For instance:

  • In March 2018, Kyowa Kirin Asia Pacific Pte. Ltd. announced the establishment of its Australian subsidiary, known as Kyowa Kirin Australia Pty. Ltd. With this establishment, the company aims to launch Kyowa Hakko Kirin’s products in the country.

Market Segments Covered in Galactose Industry Analysis

By Source:

  • Plant Derived Sugar
  • Synthetic Sugar

By Product Type:

  • D-Galactose
  • L-Galactose

By Form:

  • Powder
  • Liquid
  • Crystal

By End-Use:

  • Food
    • Bakery Goods
    • Sweet Spreads
    • Confectionary
    • Dairy Products
    • Canned Food
  • Beverage
    • Carbonated Drinks
    • Fruit Drink and Juice
    • Powdered Drinks and Mixers
    • Alcoholic Beverages
  • Pharmaceuticals
  • Personal Care
  • Biofuel Industry
  • Animal Feed Industry

Region:

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Oceania
  • Japan
  • Middle East & Africa

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FAQs the Study Answers

  • What is the current value of the global galactose market?

The global galactose market is anticipated to reach US$ 26.1 Bn in 2021.

  • At what rate did the global galactose market grow between 2016 and 2020?

The global galactose market expanded at a 4.6% CAGR between 2016 and 2020.

  • What are the key trends boosting galactose sales?

Increasing demand for RTD/RTE products, along with increasing preference towards product transparency are driving sales of galactose.

  • Which are the major countries driving demand for galactose?

The U.S., the U.K., China, Japan and Canada are the major countries driving demand for galactose.

  • What will be the demand outlook for North America galactose market?

The North America galactose market is projected to grow at a 4.1% CAGR through 2031.

  • What will be the galactose market share in Europe?

The galactose market in Europe is anticipated to expand at a 4.9% CAGR over the forecast period.

  • What is Japan’s contribution towards global galactose market?

Japan is expected to account for over 5% of sales in the global market.

Paprika Color Market 2021 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2031

As per the latest Future Market Insights (FMI) analysis, paprika color sales will increase at 7% CAGR between 2021 and 2031. Steered by increasing demand from food processing and breading industries, overall demand in the paprika color market will top US$ 151.5 Mn by 2031.

Paprika color application is poised to surge in the food industry, especially in meat products, salad dressings, confectionery, vegetable oils, soups, seasoning, sauces, bakery products, canned foods, and snacks.

The rising demand for natural food colors will positive impact sales of paprika color worldwide. Paprika color is either conventional or organic in terms of nature. As per the report, conventional paprika is expected to dominate the global market in 2021 with a market share of 80.6%.

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Key Takeaways from the Paprika Color Study:

  • The EMEAI (Europe Middle East Africa and India) is key in market in terms of size and is expected to account for 39.3 % of the global paprika color market in 2021.
  • On the basis of application meat, poultry, fish, & eggs section is expected to hold for 23.8% of the global paprika color market in 2021 and expected to grow at compound annual growth of 12.2%, followed by Potatoes, Pasta, & Rice.
  • The U.S. is expected to account for over 85% of paprika color sales in North America in 2021. Irrespective of United States’ dominance, demand in Mexico and Canada is expected to rise at a higher pace.
  • Germany is expected to account for 18.5% of paprika color sales in EMEAI through 2031.
  • China will continue dominating sales in APAC, however, demand for paprika color is expected to increase at a higher pace in South Korea.

“Increasing use of paprika color in meat processing and a plethora of beverages such as juices and drinks are likely to boost sales of paprika color. Besides this, the market is expected to gain from increasing use of paprika color in hair care and personal,” Said a lead analyst at FMI

Various End Uses in Food Processing to Boost Market

The paprika color market is flourishing on account of increasing application in the food processing industry, rising awareness about health advantages of natural coloring agents over the substitute one, and growing demand within the specialty foodstuff and prepared to eat dishes.

Paprika color market is additionally gaining on account of nutritional profile of paprika that includes impressive anti-bacterial, anti-fungal, and anti-oxidant properties. This has fuelled its application in food, pharmaceutical and cosmetic industries. Within skincare and cosmetics industry, paprika color is used in a slew of hair care and skin care merchandise.

Who is Winning?

Some of the leading companies offering paprika color are Blue Lily Organics, Natural Solution, ColorMaker Inc., Bioconcolors, Chr. Hansen Holding A/S, Synthite Industries Ltd., Plant Lipids, Ungerer & Company Unilever Food Solution, Chr. Hansen A/S, Sensient Technologies Corporation, Ingredients Naturales Seleccionados, Kalsec Natural Ingredients, Kancor Ingredients Limited, Naturex, Adani Pharmachem Private Limited, Givaudan, Ozone Naturals, Universal Oleoresins and others.

Paprika Color Market by Category

By nature:

  • Organic
  • Conventional

By application:

  • Beverage
    • Milk Drinks & Milk Alternatives
    • Alcoholic Beverages
    • Carbonates (Carbonated Soft Drinks)
    • Sports Drinks
    • Coffee & Cocoa
    • Tea
    • Energy Drink
    • Juice Based Drinks
    • Flavored water
    • Enhanced Water
    • Sparkling Waters
  • Bakery, Snacks, & Cereal
    • Breakfast Cereal
    • Bread
    • Cakes & Pastries
    • Cookies
    • Biscuits & Cones
    • Frosting / Icing
    • Crackers & Savoury Snacks
  • Candy / Confectionery
    • Panned Candy
    • Chocolate & Compound Coating
    • Gummies
    • Chewing Gum
    • Jellies & Licorice
    • Sprinkles & Sugar
    • Hard Candies / Boiled Sweets
  • Dairy
    • Cheese
    • Ice Cream
    • Milk Drinks & Milk Alternatives
    • Pudding / Custard
    • Dips & Spreads
    • Yogurt
  • Fruit Preparations / Fillings
  • Meat, Poultry, Fish, & Eggs
    • Casings
    • Egg & Egg Substitute
    • Fish / Seafood
    • Jerky
    • Meat Substitute
    • Processed Meat & Poultry
  • Potatoes, Pasta, & Rice
    • Pasta
    • Potato Chips / Crisps
    • Processed Potatoes
    • Rice
  • Sauces, Soups, & Dressings
    • Asian Sauces
    • Barbecue & Steak Sauce
    • Condiments
    • Gravy / Dry Sauce Mix
    • Marinade
    • Oils & Dressings
  • Seasonings
    • Batter
    • Breading and Coating
    • Bouillon / Soup Base / Stock
    • Liquid Smoke
    • Spice Blends / Dry Seasonings
  • Pet Food
    • Extruded / Dry Pet Food
    • Snacks / Treats
    • Wet Food

By region:

  • North America
  • Latin America
  • EMEAI
  • Asia Pacific

Key Points Covered in Paprika Color Market Survey

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Paprika Color Market and How to Navigate
  • Recommendation on Key Winning Strategies

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Key Questions Answered in the Report?

  • What Is Paprika Color Market Size?

Paprika color market is expected to reach US$ 76.93 Mn in 2021. It is forecast to exhibit a CAGR of 7.0 % between 2021 and 2031.

  • At What Rate Did the Paprika Color Market Expand in The Last Five Years?

According to FMI, paprika color sales have grown at 6.8% CAGR between 2016 and 2020.

  • What Are the Key Trends Shaping the Paprika Color Market?

Increasing use of plant-based ingredients in personal care, meat processing, and food products and keenness of clean label food ingredients among consumers will shape the market.

  • What Are the Key Factors Driving Paprika Color Market Demand?

Rising application of paprika in bakery and confectionery food items besides meat, poultry, fish, and egg products will drive sales in the market.

  • What is the North America Paprika Color Market outlook?

Demand in North America is expected to grow consistently. As per FMI study, North America is estimated to account for 27.2 % of the global paprika color market in 2021.

  • Which Are The Top Countries Driving Demand For Paprika Color Market?

The US, Japan, India, Germany, France, and China are the top countries driving the growth of global paprika color market.

  • Which Is The Leading Market For Paprika Color?

EMEAI (Europe, Middle East, Africa and India) has occupied large share in the global paprika color market. It is estimated to account for nearly 38.9% of the overall market in 2021.

  • At What Rate will the Demand for Conventional Paprika Color Rise?

Demand in the conventional paprika color segment will increase at a CAGR 6.6% over the forecast period.

  • Which is the Leading Application of Paprika Color?

The meat, poultry, fish, & eggs segment will emerge as the leading segment in terms of applications. Sales in the category will top US$ 18.29 Mn in 2021.

  • Which are some of the Leading Companies offering Paprika Color Market?

Some of the leading companies in the market are Blue Lily Organics, Natural Solution, ColorMaker Inc., Bioconcolors, Chr. Hansen Holding A/S, Synthite Industries Ltd., Plant Lipids, Ungerer & Company Unilever Food Solution, Chr. Hansen A/S, Sensient Technologies Corporation, Ingredients Naturales Seleccionados, Kalsec Natural Ingredients, Kancor Ingredients Limited, Naturex, Adani Pharmachem Private Limited, Givaudan, Ozone Naturals, and Universal Oleoresins, among others.

Dog Food Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2031

According to a recent Future Market Insights (FMI) report, the demand for dog food will surpass US$ 44.83 Bn in 2021. The market is expected to rise at a CAGR of 6.2% between 2021 and 2031.

The increasing number of dog owners is one of the key drivers of the dog food market. Rising pet ownership also is a driver of nondiscretionary and discretionary products demand including treats, toys, and various dog food products.

Some of the dog food producers are adopting aggressive marketing strategies to gain competitive edge. As a result there is increasing focus on improving the appearance of products, besides the overall quality and flavor. As a result, businesses are increasing their investments in new packaging choices.

Several companies are using recyclable boxes for dog food packaging. This is done to enhance the shelf life of dog food items and make them more appealing. As per FMI, improving visibility in shelves across hypermarkets/supermarkets, and convenience stores will give tailwinds to sales in the market.

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Key Takeaways from Dog Food Market Study:

  • The U. S. is estimated to account for 84.4% share in the North America market in 2021 and it is estimated to grow with a CAGR of 4.6% over the assessment period.
  • In Latin America, Brazil has emerged as a leading market with a 29.1% market share in 2021.
  • The UK with 20.4% share and Germany with 19.5% will retain dominance in the Europe market in 2021.
  • According to FMI’s analysis, China is accounted for more than 40% of dog food sales in East Asia.
  • India will dominate the South Asia dog food market with more than 35.0% share in year 2021.

“Growing awareness among the dog owners about the proper diet for their dog and consequent focus on research initiatives by the dog food manufacturers will result in a slew of product launches. This is expected to spur growth in the market in the coming years”, said a lead analyst at FMI

Who is Winning?

Dog owners around the world are getting more concerned about their animals’ health. They wish to provide their pets with good-quality nutritional supplements in order to help them grow and develop properly.

Because global demand for pet supplements is increasing at a rapid pace, leading manufacturers are focusing on acquisitions to expand their product portfolio, regional footprint, and distribution network.

Some of the leading companies offering dog food are Evanger’s Dog & Dog Food Company, Inc., Nestlà Purina Pet Car, P&G Pet Care, Hill’s Pet Nutrition, Del Monte Pet Products, Affinity Petcare SA, Nutro Products Inc., Unicharm PetCare Corp., Total Alimentos SA, Nutriara Alimentos Ltda., The J.M. Smucker Company, Dave’s Pet Food, Fromm Family Foods LLC, Boulder Dog Food Company, Real Pet Food Company Pty Ltd, Burgess Group PLC, Freshpet, Party Animal, Inc., Rollover Pet Food Ltd. And others.

Dog Food Market by Category

By nature:

  • Organic
  • Monoprotein
  • Conventional

By source:

  • Animal Derived
    • Fish
    • Chicken
    • Duck
    • Beef
    • Pork
    • Venison/Game
    • Lamb
    • Turkey
  • Plant-derived
  • Insect- derived
    • Crickets
    • Mealworms
    • Black soldier flies

By product type:

  • Kibble/Dry
    • Extruded
    • Baked
    • Coated
  • Treats and Chews
    • Pastes
    • Cremes / Cream-Snacks
    • Crunchy snacks
    • Chew sticks
    • Tablets
    • Biscuits
    • Jerky
    • Rawhide
  • Dehydrated Food
  • Freeze Dried Food
  • Freeze-Dried Raw
  • Wet Food
  • Frozen
  • Raw Food
  • Powder

By pet type, Dog Food market is segmented as:

  • Puppy
  • Adult
  • Senior

By packaging type:

  • Pouches
  • Bags
  • Can
  • Bottles & jars
  • Folding cartons
  • Tubs & Cups

By distribution channel:

  • Store-based Retailing
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Mom and Pop Stores
    • Pet Stores
    • Discounters
    • Independent Grocery Retailers
    • Drugstores
    • Other Retail Formats
  • Online Retailers

By region:

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

Key Points Covered in Dog Food Market Study

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Dog Food Market and How to Navigate
  • Recommendation on Key Winning Strategies

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Key Questions Answered

  • What is the demand outlook for dog food market?

The dog food market will register growth at 6.2% CAGR between 2021 and 2031.

  • What is the current dog food market size?

The dog food market is expected to total US$ 44.83 Bn by the end of 2021. In terms of volume, it is expected to surpass 10,413,401 MT

  • At what rate will dog food sales rise post pandemic?

Dog food sales will recover at an impressive pace, registering 5.1% year on year growth in 2021.

  • Who are the top players in the dog food market and what is their contribution towards sales?

Mars Incorporated,Purina, The J.M.Smicker Company,Hill’s Pet Nutrition, Affinity Petcare SA, Freshpet, Iams, Real Pet Food Company Pvt Ltd, Evanger’s Dog & Cat Food Company,Inc. Burgess Group PLC are the leading companies in the dog food market. They are expected to account for 30% to 40% of sales through 2021.

  • What is the North America dog food market outlook?

Demand for dog food will increase at 5.2% CAGR in North America between 2021 and 2031.

  • At what rate will the demand for dog food rise in Europe?

The Europe dog food market is expected to register 6% CAGR over the course of the assessment period.

  • Who are the key exporters of dog food?

Germany, UK, Thailand, France, and Netherland are the key exporters of dog food.

  • What are the key trends shaping the dog food market?

Rise in pet ownership, focus on pet humanization, and surging availability across online channels will shape the future of the dog food market.

  • What is the outlook for dog food sales in South Korea and Japan?

Japan is expected to account for 31.3% of dog food sales in East Asia, while South Korea will contribute over one-fourth of sales registered in the region in 2021.

Tomato Seed Oil Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2031

As per the latest analysis by FMI, the tomato seed oil market in Asia Pacific is projected to total US$ 52.8 million in 2021. Growing application of tomato seed oil across various industries such as food and beverage, animal feed, and cosmetics is facilitating its sales in Asia Pacific. Driven by this, the Asia Pacific market is estimated to reach US$ 106.4 million by 2031.

Demand for tomato seed oil increased at a CAGR of 5.9% between 2016 and 2020. Consumer preference for natural ingredients in their food & beverage products and growing trend of veganism amongst millennials are projected to push sales in the market at a CAGR of 7.3% over the forecast period 2021-2031

Tomato seed oil is extensively used in the production of cosmetic and personal care products such as anti-aging serums, body butter, sunscreens, and fairness cream due to its high linoleic acid, lecithin, antioxidants, and natural ultraviolet (UV) protection attributes.

Expansion of cosmetics and personal care industries in countries such as IndiaChinaJapan, and South Korea will therefore create remunerable opportunities for sales of tomato seed oil in Asia Pacific.

Unrefined tomato seed oil is projected to emerge as the most preferred form in the market. Sale of unrefined tomato seed oil is likely to accelerate on account of its nutritional value and low concentration of chemicals. As per FMI, demand for unrefined tomato seed oil is anticipated to accounts for nearly 76.6% of the sales in the region by 2021.

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“Rising demand for clean-label ingredients within food and cosmetics industries will increase tomato seed oil demand. The market also will gain from green initiatives adopted by food producers to cater the rising demand for plant-based ingredients,” says the FMI analyst.

Key Takeaways from Tomato Seed Oil Market Analysis

  • China is anticipated to emerge as a dominant market in East Asia, accounting for nearly 22.9% of the total regional sales over the assessment period.
  • Sales of tomato seed oil in South Korea are estimated to total US$ 11.1 million, growing at a robust CAGR of 8.7% through 2031.
  • The market in Japan is projected to account for more than 11.6% of the sales in Asia Pacific, expanding at a CAGR of 6.2% during 2021-2031.
  • India is forecast to contribute over 16.6% of the overall revenue share in Asia Pacific, exhibiting sales growth at an impressive CAGR of 10.5% between 2021 and 2031.
  • Among the nature verticals, the conventional tomato seed oil is expected to lead the segment, accounting for more than 78.8% of the total sales through 2031.

Key Drivers

  • Growing application of tomato seed oil in the production of essential oils and surging use in aromatherapy owing to its high antioxidant properties are driving the market.
  • Rising penetration of e-commerce platforms and increasing availability of tomato seed oil-based products across direct and indirect sales channels are expected to facilitate the growth of the market.

Key Restraints

  • Limited shelf life of tomato seed oil due to high sensitivity to unfavorable temperature, air exposure, and the sunlight is hampering the market growth.
  • High cost of tomato seed oil, availability of substitutes are the factors hindering the market sales.

Competitive Landscape

As per FMI, top 5 companies operating in the tomato seed oil market are estimated to account for nearly 75% of the revenue share in 2021. Leading manufacturers are focusing on upscaling their digital marketing capabilities to expand their consumer base. Some of the players are engaging in agreement and strategic collaboration with other industries to increase their market share. For instance,

·  Botanic innovation, a U.S.-based producer of organic and conventional seed oils, announced adding tomato seed oil to its product portfolio. The company stated that they use NatureFresh Cold-press system to offers high quality and sustainable seed oils.

Some of the key players operating in the market profiled by FMI are:

  • AG Industries
  • AGS Organics
  • O&3
  • Puroma
  • Kazima Perfumers (est.2010)
  • SVA Organics
  • Haekels
  • EOC (Essential Oils Company)
  • Natures Natural India
  • Aramacs
  • Natural Sourcing LLC
  • Escentials of Australia
  • Sheiling Laboratories
  • PRZ Herbals Care
  • Rakesh Sandal Industries
  • Others

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-9295

More Valuable Insights on Tomato Seed Oil Market

FMI, in its new report, offers an unbiased analysis of the global tomato seed oil market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in tomato seed oil market with detailed segmentation:

By Form:

  • Refined
  • Unrefined

By Nature:

  • Organic
  • Conventional

By Distribution Channel:

  • Direct sales
  • Indirect Sales
    • Grocery Retailers
    • Hypermarket/Supermarket
    • Convenience Stores
    • Wholesalers
    • Food and drink Specialty
    • Health and Wellness Stores
    • Online Retailer
    • Other Retail Format

By End-Use:

  • Food Service
  • Food and Beverages
    • Bakery
    • Confectionary
    • Dressing and Condiments
    • Sauces and Spreads
    • Ready Meals
    • Beverage Processing
    • Others
  • Cosmetic Industry
    • Skin Care
    • Lip Care
    • Hair Care
    • Cosmetic
    • Aromatherapy
  • Industrial
  • Animal Feed
  • Dietary Supplements

By Packaging:

  • Aseptic
  • Pouches
  • Bottles
  • Jerry Cans
  • Tin Plate Containers

By Countries:

  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Indonesia
  • Malaysia
  • Singapore
  • Rest Of Asia

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Key Questions Covered in the Report

  • The report offers insight into Asia Pacific tomato seed oil market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for Asia Pacific tomato seed oil market between 2021 and 2031
  • Asia Pacific tomato seed oil market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Asia Pacific tomato seed oil market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Fruit Powder Market Study For 2021 To 2031 Providing Information on Key Players, Growth Drivers and Industry Challenges

Increasing trend of vegan diet has improved the demand for fruit powder. As per Future Market Insights, the market is projected to witness robust growth, registering 7.4% CAGR during the forecast period (2021-2031).

Recently, fruit powder has gained immense popularity among the consumers because it is considered a rich source of nutrients such as vitamins, ascorbic acid, carotenoids, dietary fibre, and minerals which are essential for a healthy body.

These nutrients helps to prevent various chronic diseases such as cancer, diabetes, obesity, heart disease, arthritis, respiratory disease, stroke and immune deficiency.

Focus on in healthy lifestyle has improved the consumption of organic and plant-based food products. While the demand for processed food which are ready-to-eat is on the rise, there also is increasing focus on the ingredient list to ascertain the presence of clean ingredients that complement a healthy lifestyle.

Increasing health awareness among the consumers have increased the demand for fruit powder globally. Fruit powder benefits both the manufacturers and the consumers because of its extended shelf life. It provides convenience not only for storage but also for transportation of food items. Import and export of fruit powder is feasible owing to its efficient packaging and extended shelf life.

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Key Takeaways

  • The U.S. is expected to emerge as the largest market for fruit powder, exhibiting 5.6% CAGR between 2021 and 2031.
  • The demand for fruit powder is expected to increase at 4.1% CAGR in the U.K.
  • China and South Korea are expected to account for lion’s share of fruit powder sales in East Asia.
  • Strawberry fruit powder is expected to emerge as preferred category in terms of product type.
  • Based on nature, the demand for organic fruit powder will increase at 5.6% CAGR.

Competition is expected to get fiercer in the market. In order to strengthen their footprint market players are expected to focus on product launches. Besides this, they are likely to enter into partnership agreements with local distributors to make deeper inroads in emerging countries,” said lead analyst at FMI.

Key Industry Players Are Launching New Fruit Powder Products in the market

Emerging countries such as Indonesia, South Africa and Peru present exceptional opportunity for growth of the market.

Companies such as European Freeze Dry Ltd. and Van Drunen Farms have revamped their strategies in developing countries and are offering greater access to their products through relaxed patent protection and expanded partnerships with manufacturers.

Fruit powder has numerous applications in the food & beverages industry such as functional beverages, confectionery, nutritional bars, bakery, dairy replacers and emulsion-type sausages, due to their nutritional and functional characteristics.

Recently, the fruit powder market has witnessed various product launches by key producers to increase their market share globally. Companies are introducing different ingredients dependent on fruit powder and different flavour for use in different segments.

For Instance- In 2020, Chaucer Foods Ltd. launched freeze dried fruit powders, to meet the rising demand for natural and healthy ingredients.

Mercer Foods, in year 2020 launched a range of freeze dried fruit powders that includes, apple powder, raspberry powder, peach powder and black currant powder.

Who is Winning?

Few of the players operating in the fruit powder market are, Kanegrade Ltd., European Freeze Dry Ltd., Drytech Process (I) Pvt. Ltd, The Green Labs LLC., Nutradry Pty Ltd, Paradise Fruits Solutions Gmbh & Co.KG, Vinayak Ingredients Private Ltd, Watershed Foods LLC., Artemis International, DMH Ingredients Inc., AS Harrison & Co Pty Ltd., RFI Ingredients. and other players.

Key players of Fruit powder are focusing on partnerships to gain larger market share and to capture new geographical areas to get access to new markets.

Get Valuable Insights into Fruit Powder Market

Future Market Insights, in its new report, presents an unbiased analysis of the fruit powder, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the product type (strawberry, blackberry, black currant, raspberry, blueberry, peach, apple, pear, apricot and plum), by nature (organic and conventional), by end use (food processing, beverage processing, dietary supplements, pharmaceuticals and cosmetics and personal care), by technology (freeze dried, spray dried, vacuum dried and drum dried) and by region (North America, Latin America, Europe, Ukraine, East Asia, South Asia, Oceania and Middle East & Africa).

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Key Questions Answered in the Report

  • What is the fruit powder market demand outlook?

As per FMI, the fruit powder market is expected to grow at 7.4% CAGR between 2021 and 2031.

  • At what rate did the demand for fruit powder increase in the last five years?

The demand for fruit powder increased at 6.3% CAGR between 2016 and 2020.

  • Which is the most lucrative market for fruit powder?

The U.S. is one of the leading markets for fruit powder. Rising prevalence of diabetes and obesity besides other chronic ailments has been encouraging consumers towards adoption of a healthy lifestyle. This is expected to have considerable impact on the market.

  • Which are some of the leading companies offering fruit powder?

Some of the leading companies operating in fruit powder market are Kanegrade Ltd., European Freeze Dry Ltd., Drytech Process (I) Pvt. Ltd, The Green Labs LLC., Nutradry Pty Ltd, Paradise Fruits Solutions Gmbh & Co.KG, Vinayak Ingredients Private Ltd, Watershed Foods LLC., Artemis International, DMH Ingredients Inc., AS Harrison & Co Pty Ltd., and RFI Ingredients. among others.

  • Which are the key factors supporting the growth of fruit powder market?

Some of the key factors supporting the fruit powder market growth include nuanced marketing campaigns, implementation of new production techniques and expansion of product portfolio. Additionally, growing demand for organic food products is supporting the growth of fruit powder market.

  • What are the key trends shaping the fruit powder market?

Companies operating in the fruit powder market are likely to focus on product differentiation and launches to gain competitive strength. FMI expect this to remain chief trends shaping growth of the market over the forecast period.

  • Which is the most lucrative country for fruit powder sales in North America?

The U.S. has emerged as the most attractive country for sales of fruit powder within North America. Demand in the U.S. is expected to increase at 5.6% CAGR between 2021 and 2031.

  • What is driving fruit powder sales in the U.K.?

Expansion of confectionaries will create increasing opportunities for fruit powder sales in the U.K.

  • What is China’s contribution towards fruit powder sales in East Asia?

Over 40% of fruit powder sold in East Asia is expected to concentrate in China.

  • What is the outlook for fruit powder sales in South Korea?

South Korea is expected to contribute over one-fourth of fruit powder sales in East Asia.

Chlorophyll Color Market 2021 Key Methods, Historical Analysis, Application, Technology, Trends And Opportunities

According to the latest study by Future Market Insights (FMI), the chlorophyll color market is expected to be valued at US$ 126.2 Mn in 2021, exhibiting impressive growth at 9.6% CAGR through 2031.

As flavored products are becoming increasingly popular among consumers, demand for natural food color solutions that are stable and produce a two-color combination is increasing. Increased availability of food and beverage products in the retail sector is one of the key factors, stimulating market growth.

On account of the growing demand for chlorophyll color, key manufacturers are focusing on boosting production capacity to improve supply-chain efficiency and cater increasing demand of larger consumer base.

For instance, Chr. Hansen enlarged its natural color production facilities in North America in April 2018. The expansion was intended to improve the company’s supply chain capabilities, allowing it to provide natural color solutions to current and future customers.

Alongside this, growing demand for vegan and natural/organic food products is improving the adoption of natural food colors. This in turn is accelerating growth of chlorophyll color market.

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Key Takeaways from Chlorophyll Color Market Study:

  • The U.S. is estimated to account for more than 85% of the North America market in 2021, on the back of increasing awareness among consumers regarding health benefits of organic food products.
  • In Latin America, Brazil is expected to emerge as the leading market, holding over 45% share in 2021.
  • Germany is expected to dominate the EMEAI chlorophyll color market holding more than 20% share in the year 2021.
  • France is expected to show significant growth in the Chlorophyll color market during the forecast period.
  • China is dominating the APAC chlorophyll color market, accounting for more than 35% share in the APAC Chlorophyll color market.
  • Japan is expected to showcase a steady growth in the forecast period.
  • In terms of nature type, conventional segment is expected to dominate the global nature segment with a 92.0% share in year 2021
  • Based on application type, beverages segment is dominating the global chlorophyll color market with a market share of 25.3%

“With increasing preference for organic food products and natural ingredients, food producers are gradually shifting to natural food colors. Driven by proliferation of veganism, key players are extensively using natural food colors in beverage, bakery, snacks, dairy, fruit preparations / fillings,& cereal, candy / confectionery, meat, poultry, fish, & eggs, potatoes, pasta, & rice, seasonings, sauces, soups, & dressings, and pet food,” said a lead analyst in FMI

Who is winning?

Key companies in the chlorophyll color market are investing in expanding their manufacturing facilities in order to expand their product portfolio. Several local, regional, and multinational businesses are adopting strategies such as mergers and collaboration to strengthen their footprint.

Manufacturers are adopting smart labeling, including healthy ingredients, and offering appealing packaging and unique flavors to gain a competitive advantage.

Some of the leading companies offering chlorophyll color are Chr. Hansen Holding A/S, Naturex, colorMaker, Inc., BioconColors, The Hershey Company, DDW The Color House, Sensient Colors LLC, Proquimac, Amerilure, Inc., ColorMaker, Inc. and Others.

Get Valuable Insights into Chlorophyll Color Market

Future Market Insights, in its new offering, provides an unbiased analysis of the chlorophyll color market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the demand for chlorophyll color on nature (organic, conventional), by application (beverage, bakery, snacks, & cereal, candy/confectionery, dairy, fruit preparations/fillings, meat, poultry, fish, & eggs, potatoes, pasta, & rice, sauces, soups, & dressings, seasonings, and pet food) across major regions (North America, Latin America, EMEAI and APAC).

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Key Points Covered in Chlorophyll Color Market Study

  • Market Estimates and Forecast 2016-2031
  • Key Drivers and Restraints Impacting Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Chlorophyll Color in Food and Beverage Sector and How to Navigate
  • Recommendation on Key Winning Strategies

Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

Animal Feed Probiotics Market 2021-2031: Analyzed By Business Growth, Development Factors, Applications, And Future Prospects

Over the last decade, the rise in the number of homes with pets has played a crucial part in maintaining the pet population size. During this time, the number of homes with more than one dog increased by five million, compared to a 4.8 million increase in the number of families with only one dog. Along with this, there is growing evidence supporting the use of animal feed probiotics for companion animals such as cats and dogs.

Giving good bacteria to a companion animal may also have a positive impact on chronic gastro-intestinal illnesses, mental attitude, obesity, liver disease, dental disease, and behavior difficulties.

A daily feed probiotic supplement may also provide some additional benefits for dogs, including enhanced skin and coat appearance, reduced intestinal gas, and improved breath, among other things.

Thus, the rising pet population along with growing awareness about the animal health is driving the market growth.

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Key Takeaways from the Animal Feed Probiotics Market Study:

  • On the basis of animal type, demand in livestock segment is expected to grow at a CAGR 6.7% over the forecast period and to be valued at US$ 3,483.9 Mn by 2031 end.
  • Companion animals, equine and aquaculture combined are responsible for approximately 25.7% of the market in 2021. Demand from companion animals is expected to expand at 13.7% CAGR over the forecast period and to be valued at US$ 1,533.8 Mn by 2031 end.
  • Equine is estimated to account for 5.0%, revenue share of the global animal feed probiotics market by 2021 end and is expected to gain 65 bps in its market share by 2031 over 2021. Aquaculture is expected to create absolute $ opportunity of US$ 377.6 Mn between 2021 and 2031.

 “The retail industry has become more organized and it is predicted to grow across a variety of consumer product categories. The global animal feed probiotics market is predicted to be driven by the expansion of global retail chains, both physical and digital, as well as the expansion of product lines.” said a lead analyst at FMI.

Clear and Exclusive Information about Ingredients Used on Package Attracts More Customers

Consumers have become increasingly conscious about what they feed their pets and domestic animals in recent years. Customers appreciate a box that includes information on the product’s features and benefits. The information on a box should be correct, exclusive, and displayed clearly because buyers spend relatively little time looking at it. This can also help the buyer make more informed decision.

Furthermore, one method of giving nutritional information on animal feed probiotics is to use images to indicate the ingredients as well as the elements that are not contained in them. As a result, packaging design has begun to incorporate narrative illustration in the form of a storey using graphics.

Who is winning?

Technological advances in the field of molecular biology and gene sequencing have enabled researchers and scientists to create new probiotic compositions that are more animal-friendly.

Although probiotic supplements are unquestionably good for animal growth and intestinal health, consumers nonetheless face a number of adverse consequences on animal growth. Over the projection period, the growth of new generation technology is reforming the animal feed probiotics market, creating improved prospects.

Some of the leading companies offering animal feed probiotics are Alltech, Danisco Animal Nutrition (Dupont), Chr. Hansen Holding A/S, Evonik Industries AG, Novus International, Inc., Royal DSM, Lallemand, Pure Cultures LLC, Calpis Co., Ltd., Adisseo, and Others.

Key Points Covered in Animal Feed Probiotics Market Study

  • Animal Feed Probiotics Market estimates and forecast 2015-2031
  • Key drivers and restraints impacting Animal Feed Probiotics Market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Animal Feed Probiotics Market and How to Navigate
  • Recommendation on Key Winning Strategies

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Key Questions Answered in Animal Feed Probiotics Market Report

  • Which regions will continue to remain the most profitable regional markets for animal feed probiotics market players?
  • Which factors will induce a change in the demand for animal feed probiotics during the assessment period?
  • How will the changing trends impact the animal feed probiotics market?
  • How can market players capture the low-hanging opportunities in the animal feed probiotics market in developed regions?
  • Which companies are leading the animal feed probiotics market?
  • What are the winning strategies of stakeholders in the animal feed probiotics market to upscale their position in this landscape?

About Future Market Insights

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, and has delivery centres in the UK, 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.

Specialty Shortenings Market 2021 Expectations & Growth Trends Highlighted Until 2029

Specialty shortenings are the fatty substances that are majorly used in the bakery and confectionery products. The use of specialty shortenings enables to have a crisp structure and stability in the products such as bread, fillings, icing, and cake. Some other desirable characteristics of the specialty shortenings include bland or pleasant flavour, good shortening power, and long shelf life. Traditionally cocoa butter has been used as a shortening however, the hike in the prices of cocoa butter has led to the search for the alternatives in the specialty shortenings in the global market. Kokum butter extracted from kokum seed kernels is one such example of the alternative solution, which finds use in cosmetic products. The ease of handling of specialty shortenings across all purposes is creating a positive outlook in the global specialty shortenings market. The products of specialty shortenings are available in dry and liquid form, which can be derived from plants as well as animals.

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Specialty Shortenings Market: Regional Analysis

North American and European countries occupy the majority of the share in the global specialty shortenings market. The consumption of consumer goods products such as processed food and beverage, pharmaceuticals, and cosmetics and personal care products is dominated by North American and European countries in the world. However, Asian and Middle Eastern and African region is likely to witness the highest growth rate over the forecast period in the global specialty shortenings market. The shift of population from a rural area to the urban area and increased availability of processed consumer goods products in these regions is resulting in the increased consumption and increased demand for specialty shortenings in the global market.

Specialty Shortenings Market: Key Participants

Some of the market participants in the specialty shortenings market are:

  • Bunge North America, Inc.
  • Cargill, Inc.
  • Archer Daniels Midland Company
  • Ventura Foods
  • Musim Mas Holdings Pte. Ltd.
  • Sime Darby Kempas Sdn. Bhd.
  • Tate & Lyle Plc.

The report covers exhaustive analysis on:

  • Specialty Shortenings Market Segments
  • Specialty Shortenings Market Dynamics
  • Specialty Shortenings Market Size
  • Specialty Shortenings Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Specialty Shortenings Market
  • Competition Landscape and Emerging Market Participants in Specialty Shortenings Market
  • Technology related to Production/Processing of Specialty Shortenings
  • Value Chain Analysis of the Specialty Shortenings Market

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Specialty Shortenings Market Segmentation

The specialty shortenings market can be segmented on the basis of form, Source, end use, and distribution channel.

On the basis of form, the specialty shortenings market can be segmented as:

  • Dry
  • Liquid

On the basis of source, the specialty shortenings market can be segmented as:

  • Plant-based
  • Animal-derived

On the basis of end use, the specialty shortenings market can be segmented as:

  • Food and Beverage
  • Bakery and Confectionery
  • Dairy
  • Sauces, Soups, and Dressings
  • Cosmetics and Personal Care Products
  • Pharmaceutical

On the basis of distribution channel, the specialty shortenings market can be segmented as:

  • Direct Sales Channel/ B2B
  • Indirect Sales Channel/B2C
  • Hypermarket/Supermarket
  • Specialty Stores
  • Online Retail
  • Mass Grocery Stores
  • Other Retail Format

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Report Highlights:

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

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Future Market Insights
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Website: https://www.futuremarketinsights.com

Protein Purification Resin Market 2021 Assessment and Key Insights Analyzed Till 2029

Protein purification resin is mainly used in the laboratories, pharmaceutical and academic research facilities for various protein purification technologies such as affinity chromatography, high performance liquid chromatography, and fast protein liquid chromatography. Protein purification resin is used for convenient, efficient, and reliable separation of antibodies and proteins from the crude samples during the downstream processing. There are silica-based, agarose-based, sepharose-based, etc. protein purification resins. The increase in the availability of governmental and non-governmental funds and increased expenditure on research activities are mainly driving the global market of protein purification resin. The use of protein purification resin in the downstream processing is mostly in the research and development, academic institute, and pharmaceutical industry, with some extent in a contract research organization.

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The Increasing Spending On The Research And Development Activities And The Rising Trend Of Contract Research Organization (CRO) Is Creating The Surge In The Demand For The Protein Purification Resin In The Global Market

The global market for protein purification resin is mainly driven by increasing research and development activities. The increasing expenditure on the research and development by the governmental, non-governmental, and private authorities is resulting in the expansion of the research activities. The use of protein purification resin in the downstream processing of high quality and low quantity compounds is essential to attain the required purity with an efficient and convenient method.

Apart from research and development activities, the global protein purification resin market is driven by the pharmaceutical industry. With the increasing prevalence of diseases and health issues, the consumption of pharmaceutical products has increased rapidly in the course of a few years. The purity aspect is the most important factor in the pharmaceutical industry. The protein purification resin is used in the pharmaceutical industry in the small-scale and medium-scale downstream processing. The rate of expansion of the pharmaceutical industry in the developing nations is creating a positive outlook in the global protein purification resin market.

Protein Purification Resin Market: Key Participants

Some of the market participants in the protein purification resin market are:

  • Promega Corporation
  • Labome
  • Pall Corporation
  • IBA GmbH
  • Takara Bio Inc.
  • Purolite Life Sciences
  • BioVision Incorporated
  • Westburg BV
  • Roche Holding AG
  • Sterogene Bioseparations
  • Expedeon Ltd.
  • Thermo-Fisher Scientific
  • Mayflower Bioscience
  • Merck KGaA
  • Molecular Cloning Laboratories

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The report covers exhaustive analysis on:

  • Protein Purification Resin Market Segments
  • Protein Purification Resin Market Dynamics
  • Protein Purification Resin Market Size
  • Protein Purification Resin Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Protein Purification Resin Market
  • Competition Landscape and Emerging Market Participants in Protein Purification resin Market
  • Technology related to Production/Processing of Protein Purification Resin
  • Value Chain Analysis of the Protein Purification Resin Market

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Protein Purification Resin Market Segmentation

The protein purification resin market can be segmented on the basis of type, end use, and distribution channel.

On the basis of type, the protein purification resin market can be segmented as:

  • Protein A
  • Protein G
  • Protein L

On the basis of end use, the protein purification resin market can be segmented as:

  • Pharmaceutical
  • Research Laboratories
  • Academic Research Institute

On the basis of distribution channel, the protein purification resin market can be segmented as:

  • Direct Sales Channel/ B2B
  • Indirect Sales Channel/B2C
  • Specialty Stores
  • Online Retail
  • Other Retail Format

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Report Highlights:

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

Contact Us:                                                                            

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com