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Fish processing is the practice allied with fishes and its products, which is carried out between the timespan when fishes are caught and continues till the final product made out of them is shipped to customer. The final product delivered can be ready-to-eat also. Fish processing covers all range of aquatic organisms, regardless where they are caught (wild fisheries or fish farming). One of the main concern of this process is to prevent fishes from deteriorating. Fish processing is necessary because fish is highly perishable and thus, requires preservation and proper handling, so that the end product can have nutritional quality and longer shelf life. Preservation is the main technique for fish processing (preventing fish spoilage and increasing shelf life). 

One of the main benefits of fish processing is that it helps in the sustainable utilization of marine resources, thus growing the demand for more processed fish in the market. It is found that freshness of raw fish (seafood) can be enhanced by ozone. Treating processing equipment and raw fish with ozone, reduces bacteria attack, which can spoil fish otherwise. Thus, usage of ozone increases profitability in the fish processing industry. Fish processing involves a primary step and a secondary step. Primary processing involves cleaning, sorting, freezing and packaging of fish. Secondary processing involves creation of processed fish and seafood for meal components or ready meals.

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Fish Processing: Market Segmentation

The global fish processing market is segmented on the basis of source, application, processing type and equipment. Source from where fishes are obtained are freshwater, marine and inland. Marine segment occupies the largest market share due to modern techniques and methods of fishing. Application is segmented into food, feed, biomedical and others (fertilizers, cosmetics and industrial uses). Food occupies the largest market share in fish processing market followed by feed and biomedical, due to changing consumption habits of human. Types of processing fish are frozen, preserved, dried and others (smoked and surimi). Frozen is the most common fish processing type practiced. Equipment used for fish processing are deheading & gutting, skinning, scaling, filleting, desliming & rinsing and others.

Fish Processing: Regional Outlook

Geographically, the fish processing industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Processed fish has highest consumption in North America followed by Asia Pacific and Europe. The United States ranks first in the consumption of Bluefin tuna and Atlantic salmon. Asia Pacific has huge fish processing facilities, with China being the market leader. Other Asian countries such as Japan, Malaysia and South Korea are majorly dependent of fish processing.

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Fish Processing Market: Growth Drivers

Major drivers identified driving the market of fish processing are the continuous rise in demand of seafood, changing consumers dietary habits and consumers demand for differentiated and value-added seafood products. Fish processing industries is also accessible by seafood producers and so they can control the final product, quality and hygiene. Increasing fish feed is also a major driver identified driving growth for the global fish processing market. Development and distribution channel with improvements in technology in packaging, processing and storage of fish is also a factor identified driving the market growth.

However, the increasing consumption of processed fish of a particular species is dropping their existence, thus increasing their price in market, which is resulting in decline of market growth.

Fish Processing Market: Players

As processing facilities empower fish processors have supervision over quality and hygiene of the final product, it has increased the value of fish processing companies. Some of the key players identified for the global fish processing market includes Pelagia AS, Leroy, Pescanova USA, Maruha Nichiro Corporation, Thai Union Group Public Company Limited, Royal Greenland A/S, NISSUI, High Liner Foods, Charoen Pokphand Foods PCL, Channel Fish Processing Company, Inc., and Marine Harvest ASA. The companies are expected to expand their business by enhancing their product portfolio in global fish processing market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global fish processing market till 2026.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The regional analysis covers:

• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, and others)
• Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Benelux, Poland, Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
• Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Fish Processing Market Highlights of the report: 

• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market

The global functional foods and natural health products market size is expected to reach US$ 32.5 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.3% CAGR between 2019 and 2029.

According to the report, the rising demand for natural, healthier, and nutritional food will stoke growth in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

However during the forecast period, Europe will exhibit more lucrative growth opportunities. In terms of functional food product, the market can be classified into bakery & confectionery, dairy, fish & eggs, canola-based, pulses-based, hemp-based, flax-based, oats-based, barley-based, soy,fats and oils , and others. Of these, bakery & confectionery will lead the global market.

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It includes in-depth insights into the Functional Foods and Natural Health Products Market. Some of these are:

• The estimated value of the market was at US$ 19.4 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, Europe emerged as a key market for Functional Foods and Natural Health Products.
• North America and APEJ will remain steady as key markets for Functional Foods and Natural Health Products.
• Pulses based functional food also expected to show growth at the highest rate over the forecast period.
• Key players are likely to focus on product innovations to stay relevant in developed markets.

Associated Health Benefits of Functional Foods and Natural Health Products to Accelerate Market Growth

The digestive system is responsible for catalysing the food products consumed and for the absorption of vitamins and minerals from food and nutritional supplements. Therefore, maintaining digestive health is a significant factor in optimizing nutrient intake and preventing deficiency-related bodily conditions.

Furthermore, the immune cells are also concentrated in the gut region, and a healthy microbiota is necessary for the body. Medical practitioners and individuals realized the associated health benefits, and thus, are recommending a targeted set of the bacterial strain, resulting in the bolstered demand for probiotic supplements, and therefore, the functional foods and natural health products market in the forecast period.

• The WHO predicts that by 2020, over 65 million people will have dementia and the prevalence of other neurodegenerative brain diseases, like Alzheimer’s, also on the rise. The pressure to produce successful treatments is growing but has proved unsuccessful so far. Scientists are increasingly looking for food products to slow down disease progression and treat symptoms.

Trend of Protein-rich Functional Snackification to Bolster Demand of Functional Foods and Natural Health Products

Japanese manufacturers are trying to make products more nutritious, following the protein trend in food. Consumer awareness concerning healthier ways to pull off weight loss, anti-aging, and other health-related issues through the intake of naturally-sourced protein is captivating many producers to offer protein-fortified products with health benefits. This trend has been an extensive driver for the growth of functional foods and natural health products across the globe.

Moreover, innovations in cheese snacks such as multi whole-grain flour as the base for producing chips and extruded snacks are expanding the consumer base, even from the health-conscious community. Other trends propelling functional foods and natural health products market include the increased demand for organic and naturally-sourced ingredients.

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Market Segmentation

The global functional food and natural health products is segmented in detail to cover every aspect of the market and present complete market intelligence to

By Functional Food Product

• Bakery & Confectionery
• Dairy
• Fish & Eggs
• Canola-based
• Pulses-based
• Hemp-based
• Flax-based
• Oats-based
• Barley-based
• Soy
• Oils & Fats
• Others

By Natural Health Product

• Probiotics
• Proteins & Amino Acids
• Phytochemical & Plant Extracts
• Prebiotics
• Fibers & Specialty Carbohydrates
• Omega-3 Fatty Acids
• Carotenoids
• Natural Vitamins
• Natural Minerals

By Natural Health Product Form

• Capsules
• Tablets
• Soft Gels
• Other

By Region

• North America
• Latin America
• Europe
• APEJ
• Japan
• Oceania
• Middle East & Africa

Competitive Landscape

Some of the leading players operating in the functional foods and natural health products Market are General Mills, GFR Pharma, Herbalife, Cargill Inc., Amway, and others.

As a result of increasing competition, functional foods and natural health products manufacturers are focusing on expanding their product portfolio and improving sourcing process. Their expansion strategies are further aided by agreements between them and local players across emerging market. These companies are particularly focusing on catering to changing consumer preference across various applications.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

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FREQUENTLY ASKED QUESTIONS ABOUT FUNCTIONAL FOOD AND NATURAL HEALTH PRODUCTS MARKET

What drives the functional foods and natural health products market?

Ans. Availability of a wide range of functional foods and natural health products has enabled consumers to have more options while buying products. Similarly, heavy advertising and promotional initiatives from functional foods and natural health products companies has increased the awareness among consumers, besides creating competition in the market.

Which factors put market players at risk?

Ans. Regulations around functional foods and natural health products vary from country to country due to which functional foods and natural health products manufacturers have to work closely with regulatory agencies and governments in order to capitalize on future market opportunities during which rules and regulations are altered.

Which region will lead the global sales of functional foods and natural health products?

Ans. North America will lead the global sales of functional foods and natural health products with market share of 24% in 2019.

Which natural health product segment offers most lucrative growth opportunities?

Ans. Omega-3 fatty acids segment is expected to show lucrative growth opportunities in the forecast period. The rising demand for food with added benefits such as functional foods and natural health products has created scope for the expansion of the segment. Which segment based on functional food product will record the highest growth?

The global activated charcoal supplements market will grow at a robust 11% CAGR during the forecast period, 2019-2029. Stringent government norms to address industrial pollution is likely to propel the usage of activated charcoal supplements in applications such as water treatment, and air purification.

Raw materials used in manufacturing charcoal such as coconut shell, olive stones, peat, fruit pits, and saw dust are organic in nature. Diseases such as acute indigestion, diarrhea, and flatulence are effectively treated with activated charcoal supplement tablets and capsules. On top of these factors, the rising awareness about the benefits of activated charcoal will drive growth through the end of 2029.

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Upsurge in preventative healthcare practices is also likely to fuel growth engine of the market.Surging intestinal diseases coupled with eco-friendly properties of activated charcoal will drive growth for activated charcoal supplements between 2019 and 2029.

Activated Charcoal Powder exhibits share-wide dominance over capsules, tablets, and other alternative product types. This can be attributed to the highly soluble nature of activated charcoal powder which makes it an effective method to utilize its medical properties.

Activated Charcoal Supplements Market – Key Takeaways

[*]Given its highly soluble nature, powder form will maintain leading revenue share; tablets to see demand from geriatric consumers.
[*]Drug stores will account for maximum sales, followed by health & beauty stores that target the millennial population.
[*]North America and Europe continue to stay at forefront; East Asia to exhibit staggering growth.
[*]Adoption in wastewater treatment, automotive, and industrial applications to widen growth opportunities.

Activated Charcoal Supplements Market – Key Driving Factors

[*]Expanding patient pool of intestinal diseases will be a key factor driving the growth of activated charcoal supplements market.
[*]Organic origin of activated charcoal supplements to bolster their consumption.
[*]Health benefits associated with activated charcoal supplements to find use among health-conscious consumers.
[*]Increasing application in various industrial end uses owing to the versatility of activated charcoal supplements.

Activated Charcoal Supplements Market – Key Restraints

[*]Non-uniform availability of raw materials to remain a hindrance in activated charcoal supplements market
[*]Strict regulatory framework to pose a challenge for conventional producers of activated charcoal supplements

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Competition Landscape of Activated Charcoal Supplements Market

Players in activated charcoal supplements market are focusing on R&D activities, and adopting industry 4.0 technologies such as Industrial Internet of Things (IIoT), cloud computing, artificial intelligence (AI), and machine learning (ML). Prominent manufacturers in the activated charcoal supplements market include ADA-ES, Inc., Boyce Carbon, Jacobi Carbons AB, Cabot Corporation, Calgon Carbon Corporation, CarboTech AC GmbH, Evoqua Water Technologies LLC, Osaka Gas Chemicals Co, Oriental Trading Co., Ltd., and Kalpachar Products Pvt.

Market Segmentation

The global activated charcoal supplement market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• Capsules
• Tablets
• Powder
• Others (Granules, Gel, etc.)

By Sales Channel

• Drug Stores
• Health & Beauty Stores
• Modern Trade
• Third-Party Online Channels
• Company Online Channels
• Practitioner Channels

By Primary Function

• Antidiarrheal
• Detoxification
• Anti-Bloating

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Table Of Content

1. Global Activated  Charcoal Supplements Market Executive Summary

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope

3. Key Market Trends and Opportunity Evaluation

3.1. Key Trends Impacting the Market

3.2. Mega Trends

4. Market Background 

5. Global Activated Charcoal Supplement  Market Size (US$ Mn) and Forecast, 2019-2029

6. Global Activated Charcoal Supplement  Market Value Analysis and Forecast 2019-2029

7. North America Activated  Charcoal Supplements Market Analysis 2014-2018 and Forecast 2019-2029

8. Latin America Activated  Charcoal Supplements Market Analysis 2014-2018 and Forecast 2019-2029

Newly released data from yeast autolysates market analysis by Future Market Insights shows that global consumption of yeast autolysates enjoyed year-on-year (YoY) growth of 5.2% in 2021 to total sales of US$ 1556.3 Mn in the year.

The overall demand of yeast autolysates captivates 37% of global yeast market and is poised to witness a prominent growth at 5.7% CAGR to reach the value of US$ 2708.6 Mn in 2031.

The yeast autolysates market is emerging as a specialty yeast product as an inactive yeast rather than an active yeast product derived from natural yeast with yeast autolysis technology from both brewer’s yeast and baker’s yeast in yeast extract or yeast powder format and being used in feed yeast and yeast microbial nutrition contained with high yeast protein with other product categories, such as nutritional yeast, organic yeast, and dry yeast.

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According to a new study by Future Market Insights (FMI), the market for yeast autolysates is largely influenced by increasing global demand for vitamins, fiber and nutrients in food products.Rising demand for quality sources of nutrition for animals has increased the demand for good quality and high nutrition feed for animals. This has encouraged feed manufacturers to include natural ingredients in feed, which is increasing the demand for yeast autolysates. It is increasingly used in animal feed to increase the performance of livestock. Various applications of yeast extracts are driving the market and it is expected to grow exponentially in the upcoming years.

“Increasing usage of yeast autolysates as a microbial nutrient in laboratory growth media for bacterial growth optimization remains a key growth driver. The clean label trend is also poised to be creating attractive opportunities for key players in the market,” reveals the FMI report.

Key Research Findings of FMI’s Yeast Autolysates Market Study

• Feed industry accounts for nearly 3/5^th of total market share, aiding livestock performance through digestion and palatability.
• Leading manufacturers are focusing on bolstering their supply and distribution bases to meet the needs of end users.
• Acquisitions and collaborations with regional and domestic players is a major business strategy of market leaders.
• Asia Pacific will account for major market share with advances in technology and the demand for high nutrition foods.

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Key Growth Drivers – Yeast Autolysates Market

• Animal feed manufacturers are seeking to increase the use of natural ingredients, which plays a major role in the growth of market.
• Wide range of applications for yeast extracts in multiple industries contributes to demand.
• Popularity of yeast extract ingredients as a substitute for monosodium glutamate is a major contributor to market growth.

Key Impediments – Yeast Autolysates Market

• Restrictions on using yeast autolysates in organic food products is a factor hampering adoption.
• Side effects of yeast autolysates such as flushing of the skin and headaches can also restrict growth.

Competition Structure Analysis – Yeast Autolysates Market

The competition landscape of yeast autolysates market remains largely fragmented and competitive. Key producers are also pushing for the acquisition of smaller businesses to bolster product portfolios and regional footprints.

Some of the key players in the yeast autolysates market include, but are not limited to DSM, Tangshan Top Bio-Technology Co., Ltd., Kerry Group, Suboneyo Chemicals Pharmaceuticals Pvt. Ltd., Lallemand Inc., and Foodchem International Corporation, among others.

Newly released data from lactoferrin market analysis by Future Market Insights shows that global consumption of lactoferrin enjoyed year-on-year (YoY) growth of 5.0% in 2021 to total sales of US$ 192.8 Mn in the year. The overall demand for lactoferrin captivates 33% of the global milk ingredients market and is poised to witness a prominent growth at 5.6% CAGR to reach the value of US$ 332.2 Mn in 2031.

Surging demand for lactoferrin can be traced back to increasing consumer awareness about iron deficiencies and diseases such as anemia of inflammation. The global medical community contributes to this surge by investigating its nutritional properties and benefits in treating a variety of symptoms. Food & beverage product manufacturers are increasingly adopting lactoferrin as an ingredient in manufacturing alcoholic beverages, bakery items, and infant formulas.

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Medical applications of Lactoferrin thrust global lactoferrin market to grow at a healthy CAGR of more than 5.9% between 2019 and 2029. Traction from medical community can be attributed to the increase in number of skin diseases, iron & inflammatory homeostasis issues, and anemia of inflammation in the world. This cationic glycoprotein (Lactoferrin) is a nutritional ingredient in food & beverage products such as infant formula, food supplements, sports nutrition, non-alcoholic beverages, and bakeries.

Dietary supplements will lead demand generation by supplement type. Lactoferrin has found numerous applications amid confirmation of its benefits from the medical community. Consumers are increasingly looking for lactoferrin dietary supplements that help in managing gut health.

“Surging demand for lactoferrin from baby-foods, and dietary supplements will drive market growth. Market players are focusing on research and development of new lactoferrin products with applications in untapped industries.”  -FMI Analyst

Key Takeaways of Lactoferrin Market Study

• Clinical nutrition exhibits share-wide and growth-wise majority in the global lactoferrin market between 2019 and 2029.
• North America and Latin America collectively account for more than 35% of the lactoferrin market.
• East Asia offer the most lucrative growth opportunities with a dexterous growth rate of more than 7%.
• Dietary supplements are expected maintain share-wide and growth-wise supplement type leadership with 33% of market share.
• Drugstores lead the market sales channels owing to established consumer behavior of buying medicinal products off the shelf.

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Competitive Landscape

The global lactoferrin market is locally concentrated amid strong presence of various regional and global players. Market players shaping the global lactoferrin market are Glanbia plc, Fonterra Co-operative Group Ltd., Vitalus Nutrition Inc., NutriSciences, Milei GmbH, Pharming Group NV, Nestle SA., Bega Cheese Group, Farbest Brands, and InVitria. Companies aim to establish a competitive advantage by research & development of innovative products that differentiate their product offerings based on functional benefits.

Market Segmentation

The global lactoferrin market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Form

• Powder
• Liquid
• Pellets

By Supplement  Type

• Baby Foods
• Shielding
• Dietary Supplements
• Veterinary Supplements

By Application

• Sports Nutrition
• Infant Formulas
• Clinical Nutrition
• Veterinary Nutrition

By Sales Channel  

• Specialty Stores
• Drugstores
• Modern Trade Channel
• Third Party Online Channels
• Direct-to-Customer Channels

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Table Of Content

1. Global Lactoferrin Market – Executive Summary

1.1. Global Market Outlook

1.2. Industry Roadmap

1.3. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Demand Analysis by Form

3.2.1. Cow’s Milk

3.2.2. Human Milk

3.2.3. Genetically Modified Rice

3.3. Product Innovation / Development Trends

3.3.1. Cultural Customization to Target Specific Population and Ethnic Group

3.3.2. Creating New Delivery Mechanisms

3.3.3. Indication Specific / Targeted Supplement Formulation

3.3.4. Shift Toward Natural Ingredients

3.3.5. Preferential Inclination towards Non-Modified Functional Ingredients

3.3.6. Transformed Packaging to Suit Customer Orientation

3.3.7. Brand Differentiation through Packaging

4. Key Success Factors

4.1. Product Usage Analysis

4.2. Product USPs / Features

5. Market Background

The global catechin market is projected to reach US$ 23.33 Mn by the end of 2029. The market was valued at US$ 16.28 Mn in 2019. If these figures hold true, the catechin market will exhibit a CAGR of little above 3.7%  between 2019 and 2029. Regionally, North America is expected dominate the market.

Growth witnessed in the region to an extent is attributable to the U.S., which is also the largest market for catechin in North America. The region is expected to offer steady growth opportunities to the catechin market through the forecast period. The rising demand for healthy food and dietary supplements will aid the market’s expansion

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“Catechin finds application in a wide array of beverages. For instance, products such as green tea often contain catechin. Spurred by rising applications in diverse industries, the global catechin market will record steady growth in the coming years,” said a leading analyst at FMI.

It includes in-depth insights into the catechin market. Some of these are:

• The estimated value of the market was at US$ 14.5 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• The U.S. emerged as a key market for catechin in North America.
• China Emerged as the leading producer and consumer of catechin pushing market in Asia Pacific.
• India and Japan expected to show steady demand for catechin through the forecast period.
• Key players are likely to focus on product innovations to stay relevant in developed markets.

Rising Demand for Functional Beverages Creates Opportunity for Expansion

People around the world have become increasingly conscious about their health. The rising incidence of cardiovascular disease and the high prevalence of obesity are two primary factors causing the shift in consumer preference. This, coupled with the rising awareness the benefits of functional beverages, stokes growth opportunities for catechin producers. In addition to this, the market is expected to gain considerably from the increasing application in nutraceutical and pharmaceutical segments. Several catechin-based products are approved by FDA as prescription drugs. For instance, topical gels used in the treatment of external and perianal warts often contain catechin.

Competitive Landscape

Some of the leading players operating in the catechin market are (Taiyo Green Power Co., Ltd., Koninklijke DSM N.V., TEAREVO, Hunan Sunfull Bio-tech Co., Ltd., Infré SA, Hunan NutraMax Inc., Guangdong Yilong Industry Group Co., Ltd., Hangzhou Qinyuan Natural Plant High-tech Co., Ltd., Shanghai Novanat Bioresources Co., Ltd., Chengdu Wagott Bio-tech Co., Ltd. and others.

As a result of increasing competition, catechin manufacturers are focusing on expanding their product portfolio and integrating the value chain. These companies are particularly focusing on catering to changing consumer preference across various applications.

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Get Valuable Insights into Catechin Market

Future Market Insights, in its new report, presents an unbiased analysis of the global catechin market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. In terms of application, nutraceutical, pharmaceutical, beverages, and mouth rinsing agents are key segments in the market. Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

Market Segmentation

The global Catechin market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Application

• Nutraceuticals
• Beverages
• Pharmaceuticals
• Mouth Rinsing Agents
• Other Applications

Region

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

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FREQUENTLY ASKED QUESTIONS ABOUT CATECHIN MARKET

What drives the global catechin market?

The rising demand for functional food and beverages among consumers will boost catechin sales. This change is brought about by their increasing focus on health and fitness.

Which factors put catechin market at risk?

Lack of awareness about benefits of functional food among consumers from lower-middle income group negatively impacts catechin market, especially in developing countries.

Which countries will lead the global sales of catechin?

China is the leading producer and consumer of catechin in the world. Besides this, India and Japan exhibit high demand for the product. In North America, the U.S. has emerged as a lucrative market for catechin.

Which application segments offer most lucrative growth opportunities?

The demand for catechin is considerably high in nutraceutical, beverages, and pharmaceutical industries.

What is the chief growth strategy adopted by leading players in catechin market?

Leading players in the market are focusing on gaining competitive edge through integrating the value chain. Besides this, they are investing in increasing their product offerings to stay relevant in the market.

The sales for online food delivery services market forecast is estimated to be valued at US$ 37,982 Mn in 2021. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 10, 26,439 Mn by 2031, rising at a CAGR of 9.5% for 2021-31.

Consumersonline exposure has grown significantly. Rising internet prevalence and drastically increased smartphone accessibility are enhancing their online exposure. Several markets have benefited from the scenario. Online food delivery services may be among those who have benefited the most from the current circumstances. The amazing evolution of food delivery aggregators such as Swiggy and Zomato in the Indian market demonstrates the industry’s success. Furthermore, sociological food delivery industry trends such as the growing number of families with dual income earners and changing consumer lifestyles are propelling the online food delivery services market ahead.

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Online Food Delivery Services Market business research performed by FMI includes key findings such as the latest and speculative production capacity, capacity utilization rates of each manufacturer, recent and speculative pricing, and price optimization strategy across the value chain, as well as an economic evaluation of online food delivery services market production.

“Consumers are opting for online food delivery largely owing to fast delivery, ease of ordering, and accuracy in operations. On the other hand, food service providers are gaining through higher revenue, lower labor costs and minimal operational errors, that will support market growth in the years to come,” says the FMI analyst.

Online Food Delivery Services Market – Primary Takeaways

[*]Platform to consumer services are rapidly becoming prominent contributors to revenue owing to efficient shipment facilities being given to restaurants.
[*]Online payment services including net banking and portals are rapidly gaining popularity owing to collaborations between online food delivery service providers and banks.
[*]Asia Pacific is a key market for online food delivery services owing to rising expenditure from the millennial demographic, and their preference for smartphone apps.

Online Food Delivery Services Market – Growth Factors

[*]High penetration of internet services and smartphones is a key factor driving the adoption of online food delivery services.
[*]Offers of cashback, discounts, payment options, and delivery to the doorstep, drive the popularity of online food delivery services.

Online Food Delivery Services Market – Major Constraints

[*]Intense competition owing to the high number of food delivery service platforms hurts profitability.
[*]Lack of resources in restaurants to cope with high order volumes, and deterioration of quality hurts demand.

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The Projected Impact of Coronavirus

As nations around the world enforce large-scale lockdowns, the fear of contagion has pushed consumers to avoid visits to restaurants. However, online food delivery services are expected to benefit from this trend. The pandemic has raised the number of food delivery orders, but has also generated logistical challenges to players operating in the industry. Investments into food safety protocol and equipment are key to sustaining growth through the crisis period.

Competition Landscape

The online food delivery services market comprises players including but not limited to Zomato, Deliveroo, Uber Technologies Inc., DoorDash, Takeaway.com, FoodPanda, Swiggy, GrubHub, Postmates Inc., and Just Eat Holding Ltd.

Players in the online food deliver service market are primarily investing in industry collaborations and acquisitions to expand their consumer base, with attractive offers, keeping ahead in a highly fragmented and competitive landscape.

For instance, Uber has announced the acquisition of Postmates Inc. food delivery service for US$ 2.65 Bn. MakeMyTrip has announced partnerships with premium hotel chains for online food delivery services in major cities in India. Similarly, Swiggy has entered a partnership with hospitality partner Marriott International for a premium delivery service initiative.

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Market Segmentation

By Type

• Restaurant –to- Consumer
• Platform – to- Consumer

By Channel Type 

• Website/ Desktop
• Mobile Application

By Payment Method

• Cash on Delivery
• Online

The global food dehydrators market is projected to reach US$ 3,089 Mn by the end of 2029. The market was valued at US$ 1,600 Mn in 2029. If these figures hold true, the market will exhibit a CAGR of 6.8% between 2019 and 2029 Regionally, Europe is expected to dominate the market.

Asia Pacific and North America are expected to emerge as lucrative markets for food dehydrators besides Europe. In terms of end use, the food dehydrators market can be classified into industrial, commercial, residential, and others. Of these, industrial will lead the global market on account of the rising demand from the food and beverages sector.

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The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market. The rising awareness among consumers about the importance of reducing food waste will drive food dehydrators market. In addition to this, the market will benefit from their increasing disposable incomes and consequent willingness to spend on food products with longer shelf-life.

It includes in-depth insights into the food dehydrator market. Some of these are:

• The estimated value of the market was at US$ 1600 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, Europe emerged as a key market for food dehydrators.
• Asia Pacific and North America will remain steady as key markets for food dehydrators.
• Industrial segment expected to show growth at the highest rate of growth among end users over the forecast period.
• Key players are likely to focus on expanding their product portfolio to stay relevant in the market.

“At a time, when the world is struggling to address basic food needs, food dehydration has emerged as a coveted technology to prevent waste of unconsumed food, which is then sent to places facing food shortage,” said a lead analyst at FMI.

Demand for Food with Improved Shelf-life Will Boost Growth

The rising demand for food with longer shelf-life is one of the chief growth drivers of the market. Dehydrating food is one of the best technologies to enhance food shelf-life and preserve it for a longer period. The method has gained popularity because it helps in reducing food waste. As a result of this, food dehydration is also a preferred technology for preserving unconsumed food among government and non-government organizations.

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Competitive Landscape

Some of the leading players operating in the food dehydrators market are Excalibur Dehydrator, Koolatron Corporation, NESCO, National Presto Industries, Inc., Hamilton Beach Brands, Inc., Lem Products Holding LLC, Tribest Corporation, The Sausage Maker, Inc., NutriChef Kitchen, LLC, Buffalo Appliances, STX International, Avantco Equipment, Vitality4Life Pty Limited, Aroma Housewares Company, and Gourmia.

As a result of increasing competition, food dehydrator manufacturers are focusing on expanding their product portfolio and improving existing technologies. Furthermore, they are using innovation to use different sources of energy to make food dehydration process more eco-friendly and reduce cost of production.

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Market Segmentation

The global Food Dehydrators market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Technology

• Vertical air flow
• Horizontal air flow

End Use

• Industrial
• Commercial
• residential
• Other End Uses

Energy source

• Electricity
• biofuel
• Solar
• Others

The global krill oil market is estimated to be valued at US$ 740.3 Mn in 2021. According to newly released report by Future Market Insights (FMI), the overall market value is expected to reach US$ 2.25 Bn by 2031, rising at a CAGR of 10.7% during 2021-2028.

The krill oil market will represent 35.4% of the global fish oil market. Focus on innovations and expanding regional footprint is considerably high among the market players. This will create impressive prospects for sales of krill oil products in the coming years.

According to the report, the rising demand for healthier foods with better nutritional value will stoke growth of the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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The krill oil market will represent 35.4% of the global fish oil market. Focus on innovations and expanding regional footprint is considerably high among the market players. This will create impressive prospects for sales of krill oil products in the coming years.

During the forecast period, Asia Pacific is expected to emerge as a lucrative market for krill oil. In terms of product, the market can be classified into liquid, capsules and soft gels. Of these, liquid krill oil witnesses high demand because of its increasing application in infant nutrition and pet food. Liquid krill oil is a liposomal product, which is why its application is poised to surge in the coming years.

It includes in-depth insights into the krill oil market. Some of these are:

• The estimated value of the market was at 674.3 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, North America emerged as a key market for krill oils.
• Latin America and Europe will remain steady as key markets for krill oils.
• In terms of end use, dietary supplements and functional food and beverages are key segments in the market.
• Key players are likely to focus on product development to stay relevant in developed markets.

“Krill oil is likely to appeal younger generation more since they have better access to information via internet. Their inclination towards maintaining a healthy diet plan will tip scales in favour of the krill oil market,” said a lead analyst at FMI

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Competitive Landscape

Some of the leading players operating in the krill oil market are Neptune Biotech, Aker BioMarine AS, Enzymotec Ltd., Alpha B&H Co., Ltd., Fuji Chemicals, Krill Canada, Rimfrost AS, Norwegian Fish Oil AS, Quingdao Kangjing Marine Biotechnology Co. Ltd., Nutrifynn Caps, Inc., Xi’an prius biological engineering Co., Ltd., Vestige Marketing Private Limited, Trophic Canada, Neptune Wellness Solutions, NutriGold Inc. and others.

Companies operating in the krill oil market are focusing on the introduction of various types of products to cater to a more widespread demography of consumers. However, krill oil market is highly regulated, which often restricts the quantity of krill fish that fisher man catch in a year.

Get Valuable Insights into Krill Oil Market

Future Market Insights, in its new report, presents an unbiased analysis of the global krill oil market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. In terms of for, the market can be segmented into capsules, liquid, and soft gels. By end use, the market covers dietary supplements, functional food and beverages, pharmaceuticals, pet food and animal feeds, and others. Regionally, the market can be segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

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Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

[*]Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Analyst Credentials

2.4. About FMI

[*]Market Dynamics Associated Industry Assessment

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Global Economic Outlook

3.4. Pricing Analysis

3.5. Value Chain Analysis

3.6. Market Dynamics

3.6.1. Drivers

3.6.2. Restraints

3.6.3. Trends

3.7. Innovation Roadmap and Expected Product Launches

3.8. Forecast Factors – Relevance and Impact

[*]Global Krill Oil Market Analysis 2014 -2018 and Forecast 2019–2029 

4.1. Market Volume Projections

4.2. Market Size (US$ Mn) Projections

4.2.1. Y-o-Y Projections

4.2.2. Absolute $ Opportunity Analysis

[*]Global Krill Oil Market Analysis 2014 –2018 and Forecast 2019–2029 , by Form

The global canned seafood market size is expected to surpass US$ 71 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.3% CAGR between 2019 and 2029. According to the report, the rising demand for seafood will stoke growth in the market.

The report offers an executive-level blueprint of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.In terms of product, the canned seafood market can be classified into caviar, mackerel, salmon, sardines, tuna and others. Of these, canned tuna emerged as a leading segment in the global market. On account of its superior properties, canned tuna has become a favourite among consumers. In addition to this, tuna is a rick source of omega 3 fatty acids. As a result of increasing health consciousness, the demand in this product category is likely to increase.

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It includes in-depth insights into the canned seafood market. Some of these are:

• The estimated value of the market was at US$ 29.4 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, Asia Pacific has emerged as a key market backed by rising demand in China, Vietnam, Thailand, and Indonesia
• North America and Europe will remain steady as key markets for canned seafood.
• Canned tuna segment expected to show growth at an impressive rate over the forecast period.
• Key players are likely to focus on advanced technologies stay relevant in developed markets.

“Canned seafood market in Asia Pacific is currently picking pace on account of the rising demand for ready-to-eat food in the region. One of the key reasons favouring increased sales of ready-to-eat food and canned is that they offer a higher shelf-life,” said a lead analyst at FMI

Rising Popularity of Seafood Boosts Overall Adoption of Canned Seafood

The demand for seafood has considerably risen in the last few years. The market owes much of this to the increasing awareness among consumers about health benefits of seafood. Canned seafood offers the goodness of fresh seafood packed and ready-to-eat for better convenience. Furthermore, canning seafood extends their shelf-life. These factors together work in favour of the expansion of the canned foods market. In the coming years, the trade of seafood is expected to rise, especially on account of the rising demand in emerging nations across Asia Pacific. As a result of this, the canned seafood market is forecast to rise at a steady pace through the forecast period.

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Competitive Landscape

Some of the leading players operating in the canned seafood market are High Liner Foods, Oceana group, Mazetta Company, Gomes da Costa, Tri Marine International, CamilAilmentos, and Mark Foods Inc.

Competition in the canned seafood market is mostly concentrated in Asia Pacific. The region boasts the presence of some of the most renowned domestic and global companies. In order to gain a competitive edge, the players in this market primarily focus on offering superior product quality at reduced costs. In addition to this, they are using advanced technologies to carve a niche in the industry.

Get Valuable Insights into Canned Seafood Market

Future Market Insights, in its new report, presents an unbiased analysis of the global canned seafood market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights into growth witnessed in the market. In terms of product the market covers caviar, mackerel, salmon, sardine, tuna, and other. Based on distribution channel, the market can be segmented into hypermarkets/supermarkets, convenience stores, independent grocery, stores, specialty stores, and online retail. Regionally, the global market can be classified into North America, Europe, Asia Pacific excluding Japan, Japan, Oceania, and the Middle East and Africa.

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Table of Content

1. Global Canned Seafood Market – Executive Summary

1.1. Global Canned Seafood Market Country Analysis

1.2. Application – Product Mapping

1.3. Competition Blueprint

1.4. Technology Time Line Mapping

1.5. FMI Analysis and Recommendations

[*]Market Overview

2.1. Market Introduction

2.2. Market Definition

2.3. Market Taxonomy

[*]Key Market Trends

3.1. Key Trends Impacting the Market

3.1.1. Market Segmentation

3.1.2. Canned Seafood Market- Value Chain Analysis

3.1.3. Canned Seafood Market Dynamics

3.1.3.1. Market driver analysis

3.1.3.2. Market restraint analysis

3.1.4. Key Company Ranking – Canned Seafood Market

3.1.5. Canned Seafood Penetration and Growth Prospects Mapping Canned Seafood Market – Porter’s Five Forces Analysis

3.1.6. Canned Seafood Market – PEST Analysis

3.1.7. Regulatory Framework

3.1.8. Technology Framework

3.1.9. Financial Clearing Agents

[*]Market Dynamics

4.1. Macro-economic Factors

4.1.1. Rise in Consumption of Food Items across Globe

4.1.2. Global and Regional Per Capita Food Consumption (kcal per capita per day)

4.1.3. Change in Consumer Price Indexes (Percentage Change) 2018 (Forecast)

4.1.4. Population of Key Countries

4.1.5. Global Retail Dynamics

4.1.6. Per Capita Disposable Income

4.1.7. Global GDP Growth Outlook

4.1.8. Retail Sector GVA and Growth

4.2. Drivers

4.2.1.1. Economic Drivers

4.2.1.2. Supply-side Drivers

4.2.1.3. Demand-side Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Forecast Factors – Relevance and Impact

4.6. Key Regulations and Claims

[*]% Demand Assessment by Product Type

5.1. % Demand Analysis by Product Type  (2019 & 2029)

5.1.1. Caviar

5.1.2. Mackerel

5.1.3. Salmon

5.1.4. Sardines

5.1.5. Tuna

5.1.6. Others