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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

As per Future Market Insights (FMI), the global superfood market totaled US$ ~166 Bn in 2022 and is expected to exhibit a CAGR of ~6% to reach the value of ~US$ 299 Bn in 2032.According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.9% CAGR between 2019 and 2029. According to the report, the rising demand for healthy food will stoke growth of the market. The report covers various growth drivers and restrains impacting the market’s growth trajectory. It discovers hidden opportunities for market players and helps them identify the most lucrative segments within the superfood market.

The demand for superfood is influenced by umpteen factors from rising inclination towards trendy diets to changing food habits of baby boomers. In addition to this, food innovations and rising geriatric population will continue aiding the expansion of the market through the forecast period.

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However during the forecast period, Europe and Latin America are likely to exhibit more lucrative growth opportunities. In terms of product type, the market can be classified into fruits, vegetables, grain and seeds and herbs and roots. Of these, demand for fruits is likely to remain considerably high through the course of the forecast period.

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

• The estimated value of the market was at US$ 156.3 Bn 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 superfood.
• Europe and Latin America will remain steady as key markets for superfood.
• Fruits, among product types, is expected to remain the leading segment.
• Key players are likely to focus on technological advancements and improving their online presence to stay relevant in developed markets.

“As a result of the rising application in food and beverages sectors, the superfood market will gain pace in the coming years,” said a lead analyst at FMI. “North America, Europe, and Latin America will offer lucrative growth opportunities to the market,” he added.

Rising Demand from Bakeries and Confectionaries Boosts Growth

Growth in the superfood market corresponds directly to the expansion of the food and beverages industry. For instance, the superfood market is witnessing steady rate of growth over the last few years, which is attributable to the rising application in bakeries and confectionaries. Superfood is slowly gaining ground in the beverages sector as well. The increasing health concerns among consumers are reflected in their beverage choices as well. Due to their rising influence, several leading companies in the beverages sector are introducing fresh fruit and vegetable juices and drinks, which is expected to give impetus to the market.

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Competitive Landscape

Some of the leading players operating in the superfood market are Sunfood, Barleans, Nature’s Superfoods LLP, OMG! Organic Meets Good, Suncore Foods Inc., Superlife Co. Pte Ltd., Raw Nutrition, ADUNA Ltd and others.

As a result of increasing competition, superfood market players are focusing on expanding their online presence and improving sourcing process. According to the report, the superfood market offers scope for the entry of new players aided by the continuous shift in preferences of consumers towards healthy food. This also creates growth opportunities for the leading market players. The established players in the global superfood market are focusing on expanding their regional footprint and improving their productivity through innovations in technology.

Market Segmentation

By Type

• Fruits
• Vegetables
• Grain and Seeds
• Herbs and Roots
• Other Types

By Distribution Channel

• Hypermarkets/Supermarkets
• Online Channels
• Traditional Grocery Stores
• Convenience Stores
• Other Distribution Channel

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Table Of Content

1. Global Super food Market – Executive Summary

2. Market Overview

3. Key Market Trends

4. Key Success Factors

5. Global Super food Market Demand Analysis 2014-2018 and Forecast, 2019-2029

6. Global Super food Market – Pricing Analysis

7. Global Super food Market Demand (in Value or Size in US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029

8. Market Background

9. Global Super food Market Analysis 2014-2018 and Forecast 2019-2029, by Type

The sales of potato protein market is estimated to be valued at US$ 121.1 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 249.1 Mn by 2032, rising at a CAGR of 7.5% for 2022-2032. Regionally, North America is expected dominate the market. However during the forecast period, Europe will exhibit higher rate of growth. In terms of type, the market can be classified into isolates and concentrates. Of these, concentrates will lead the global market.

Furthermore, the rising application in food and beverages sector will drive the market during the forecast period. Potato protein is increasingly used in infant formula, dairy products, food supplements and others. This factor, aided by the rising food demand in China, India, and Brazil will bolster growth opportunities for the market.

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“In the coming years, the potato protein market will gain impetus from the rising demand in developed regions. The rising demand for healthier meat alternatives and inclination towards plant-based protein will increase potato protein sales in regions such as North America, Europe and Latin America,” said a lead analyst at FMI

In the coming years, the potato proteins market is forecast to witness growth opportunities in Asia Pacific as well. The rising awareness about protein supplements, followed by their increasing demand will support the market growth in Asia Pacific.

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

• The estimated value of the market was at US$ 84.6 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 potato protein.
• Europe and Latin America will report steady rise as key markets for potato protein.
• Among potato protein types, concentrates will witness high demand through the forecast period.
• Key players are likely to focus on introducing new products to stay relevant in the market.

Increasing Application in Food and Beverages Sector to Boost Growth

Potato protein is widely used in infant formulas, food supplements and dairy products. Therefore, the increasing consumption of dietary protein will bode well for the market. Furthermore, the market is expected to gain from the expansion of the food industry. Because countries such as China, India, and Brazil exhibit high food demand, they are identified as some of the most lucrative markets for potato protein. In addition to this, the rising health consciousness among consumers will enable growth in the market

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Competitive Landscape

Some of the leading players operating in the potato protein market are (Avebe, Tereos, Agrana, Roquette, Omega Protein, Pepees Group, Emsland Group, Meelunie, KMC Ingredients, Südstärke, AKV Langholt, PPZ Niechlow and others.

As a result of increasing competition, potato protein manufacturers are focusing on expanding their product portfolio and improving sourcing processes. 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.

Market Segmentation

By Type

• Isolates
• Concentrates

By Application

• Food & Beverages
  • Meat
  • Dairy
  • Confectionery
  • Processed Foods
  • Beverages
  • Sports Nutrition
• Feed

Region

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

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FREQUENTLY ASKED QUESTIONS ABOUT POTATO PROTEIN MARKET

What drives the potato protein market?

The increasing use of potato protein in food supplements, dairy products and infant formula will boost the potato protein market.

Which factors put potato protein market at risk?

Lack of awareness among consumers may hamper the market growth to an extent.

Which region will lead the global sales of potato protein?

North America and Europe are expected to offer lucrative sales opportunities to the potato protein market.

Which product] segment offers most lucrative growth opportunities in potato protein market?

In terms of type, concentrates will hold higher share in the market. Rising awareness about health benefits offered by concentrates will enable growth in the segment.

Which segment based on application segment will record the highest growth?

Food and beverages industry is expected to exhibit high demand for potato protein. The rising use of potato protein in ready-to-drink beverages, milk protein isolates and concentrates, dry mix beverages, frozen foods, non-dairy vegan foods and fermented foods will enable growth in the market

Growth of integrate food ingredients pertain to the extraction of nutritional elements from natural sources such as nuts, flowers, plants, and herbs. Amidst advancements in technology, food & beverage manufacturers are employing integrated food ingredients to add value to food and beverage products. Consumers are investigating contents of processed and convenience food products before purchasing an item. The prevalence of smart labels such as QR codes garner consumer attention to ingredients in food and beverage products. It is the combination of these factors that propel global integrated food ingredient market to a promising growth trajectory of 5% between 2019 and 2029. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends.

Rapid increase in health concerns mandate food product manufacturers to maintain transparency about ingredients of food products. Government organizations and consumers alike are wary about ingredient sources that market players utilize in manufacturing products. The global integrated food ingredients market helps F & B manufacturers to add value and differentiate product offerings based on specific ingredients. On the back of these developments, the food ingredient market is set for a promising growth trajectory of 5% between 2019 and 2029.

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The global integrated food ingredients market helps F & B manufacturers to add value and differentiate product offerings based on specific ingredients. On the back of these developments, the food ingredient market is set for a promising growth trajectory of 5% between 2019 and 2029.

It constitutes in-depth insights into the integrated food ingredients market. A few of these are:

• North America leads regional distribution of demand with a market share of more than 21%.
• Japan offer the most lucrative growth opportunity with a dexterous growth rate of more than 8%.
• Plant-based sources of nutritional ingredients exhibit share-wide and growth-wide leadership in global integrated food ingredients market.
• Vegetable Fats, & Oils are potential prospects for promising future growth.
• Frozen Foods manufacturers continue to generate increasing demand for integrated goof ingredients.
• Beverage manufacturers exhibit share-wide dominant characteristics owing to introduction of new flavors and increasing nutritional value in product offerings.
• Preservatives garner increasing revenue traction on the back of rising demand for enhanced shelf-life of products.

“Manufacturers are focused on introducing premium integrated food ingredients as awareness about nutritional value of food products is a top consumer priority. Market players stand to benefit from increasing popularity of vegetarian and vegan diets.” -FMI Analyst

Plant-Based Ingredients Offer Exponential Growth

Plant-based food ingredients are expected to exhibit continuous rise in demand due to the increasing popularity of vegetarian and vegan diets. Another factor that propels demand of plant-based integrated food ingredients is the versatilely of organic sources of nutritional value. Artificially manufactured ingredients are second in line on the back of increasing demand from frozen foods, baker & confectionary, and beverages. The pivotal role of artificial ingredients in manufacturing ready to eat products, and preserving nutritional value for long-periods drive the demand of artificially integrated food ingredients.

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Ingredient Innovation Preserves Revenue Sources

Integrated food ingredient manufacturers are focused on product innovation to cater to the dynamic demand for specific nutritional components. Market players are entering strategic relationships with food & beverage firms to ensure sustained growth in the future. Major players in the global integrated food ingredients market are Cargill, Incorporated, Kerry Group Plc, Sensient Technologies Corporation, Dohler GmbH, Archer Daniels Midland Company, Tate & Lyle PLC, Koninklijke DSM N.V., Ajinomoto Co., Inc., CHS Inc., E. I. du Pont de Nemours and Company, Foodchem International Corporation, C.P. Kelco, Naturex SA, Ashland Global Holdings Inc., FMC Corporation, Ingredion Incorporated, and Furest Day Lawson Holdings Limited.

Market Segmentation

By Source

• Animal
• Plant
• Seaweed
• Microbial & Fermented
• Artificial

By Product Type

• Food Hydrocolloids
• Sweeteners
• Vegetable Fats & Oils
• Food Enzymes
• Food Colors and Flavors

By End-Use

• Dairy Products
• Frozen Foods
• Bakery and Confectionery
• Sauces, Dressings, and Condiments
• Beverages
• Snacks and Savory
• Meat, Poultry, Seafood
• Pet Food

By Functionality

• Thickener
• Stabilizer
• Gelling Agent
• Leavening Agent
• Flavoring and Coloring Agent
• Emulsifiers
• Fortifiers
• Preservatives

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Table Of Content

1. Global Integrated Food Ingredients Market – Executive Summary

2. Market Overview

3. Key Market Trends

4. Market Dynamics

5. % Demand Assessment by Functionality

6. Global Integrated Food Ingredients Market Analysis and Forecast

7. Supply Chain Analysis

A recent market study published by Future Market Insights on the customized premix market offers global industry analysis for 2015-2019 & opportunity assessment for 2020–2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.

According to Future Market Insights (FMI) global tracker, worldwide revenue of customized premix market will rise 6.37% year over year to US$ 8.8 Bn in 2020. Market players must capitalize on consumers’ ever-increasing focus on health to support healthy lifestyle for employees and shoppers.

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Manufacturers are developing patented fortified premixes with additional nutrient aspects. Fortification of bakery and dairy products will remain among driving factors for evolution of customized premixes market across the world.

The COVID-19 crisis has turned healthcare systems upside down and challenged consumers’ sense of well-being. Consumers are taking charge of their health, in various ways, more than ever before. They are showing interest about their risks associated with their health and interacting with doctors in new and different approaches.

Customized Premix Market Size Study

• Global revenue pool of customized premix market will double during 2020-2030
• Amino acids premixes to capture leading value share, whilst vitamin premixes will see soaring demand in near future
• Demand for powder customized premixes will remain substantially high compared to liquid form
• Customized premixes that help improve energy and weight management will stay high in demand
• Sales of premix blends to remain prominent through 2030
• Food sector will be key revenue generator in customized premixes market over following decade
• North America and Europe to account for major value share in customized premixes market, collectively, about 84%

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Customized Premix Market – Competitive Intelligence

The global customized premix market is highly fragmented, characterized by several large-scale as well as medium- and small-scale players. Given rising competition, players are investing in production developments and innovations in order to improve their market position. For instance,

• Archer Daniels Midland (ADM) Company has rolled out new assembly of flours, which all-purpose flours, organic flours, and organic premium bread flours, with additional organic milled products.
• Karl Fazer has introduced two different bakery products – Fazer Kinuskimarenkileivos and Fazer Suklaamarenkileivos – in an effort to expand its product portfolio to meet requirements in bakery industry.

Manufacturers of customized premixes are expanding their consumer base by penetrating into developing countries. Leading players, in particular, are creating robust network with distributors of their product offerings. As market competition is continuously increasing, various players are setting up subsidiaries in several regions and scaling up their production capacity to satiate ever-rising demand.

Key Segment

Ingredient Type

[*]Vitamin Premix
[*]Mineral Premix
[*]Nucleotides Premix
[*]Amino Acids Premix
[*]Enzymes
[*]Coccidiostats
[*]Probiotics
[*]Prebiotics
[*]Multigrain Premix
[*]Omega 3 Fatty Acids
[*]Excipients
[*]Gums
[*]Botanicals
[*]Sweeteners
[*]Flavours
[*]Proteins
[*]Color

Form

[*]Powder
[*]Liquid

Function

• Bone Health
• Immunity
• Digestion
• Energy
• Heart Health
• Weight Management
• Vision Health
• Brain Health & Memory
• Resistance
• Others

Application

[*]Food Sector

• Early Life Nutrition/ Baby Food
• Medical Nutrition
• Sports Nutrition
• Energy Drinks
• Milk and Milk products
• Bakery and Confectionery Products
• Cereals & Snacks
• Oils and fats
• Staple foods (Flour, Salt and Rice)

[*]Dietary Supplements
[*]Pharma OTC Drugs
[*]Pet Food

Product Type

[*]Premix blends/ Direct-to-consumer Solutions
[*]Drum-to-hopper Formulations

Regional Outlook

[*]North America (US, and Canada)
[*]Latin America (Brazil, and Mexico)
[*]Europe (Germany, UK, Russia, France, and Italy)
[*]South Asia (India, Indonesia, and Thailand)
[*]East Asia (China, Japan, and South Korea)
[*]Oceania (Australia and New Zealand)
[*]Middle East & Africa (MEA) (Turkey, GCC Countries, and South Africa)

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Key Questions Answered by the Report

• How the market for customized premix is expected to shape up in coming ten years?
  The global customized premix market size will value around US$ 17.9 Bn in 2030. Market revenue pool will expand 6.37% year over year in 2020.
• Which is the largest market for customized premixes?
  North America and Europe represent the largest markets for customized premixes, globally, given heightening health concerns as well as strict regulatory norms regarding food fortification.
• How the competition is structured in global customized premix market?
  The global customized premix market is highly fragmented with presence of various leading and emerging players including, Archer Daniel Midland Company, AQC Chem Lab (P) Ltd, and Barentz International B.V..
• Which product type will remain high in demand in global customized premix market?
  Among various product types, demand for premix blends will remain high over decade ahead in global customized premix market. However, market players are also tapping into direct-to-consumer solutions to ensure relevant returns.
• Which application will remain highly profitable for players in global customized premix market?
  Market players are reaping substantial revenue from food sector. Under the application category, usage of customized premixes will remain prominent in bakery and confectionery products and cereals & snacks.

The global deodorization systems market size is expected to reach US$ 5.2 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 3.4% CAGR between 2020 and 2030. According to the report, the market is anticipated to grow in the forecast period owing to improvements in the quality of deodorization system coupled with the increasing demand of the deodorizers from oil industries.

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 increasing demand for edible oil for domestic use, rising demand for deodorizer distillates for industrial use and stringent regulations imposed on the production of oil are some of the key factors expected to boost the market in upcoming years.

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Deodorization method is used to remove volatile, odoriferous material present in the edible fats and oils. The technology aims at removing naturally occurring substances that cause unwanted smell and taste. Deodorizations are done in high temperature and are a high- vacuum steam distillation process. Steam distillation column, barometric condenser, demisters and scrubbers are the equipment used in the process of deodorization. They vaporise at high temperature, condense and stain surrounding surfaces.

Variation in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

As the coronavirus outbreak continues to develop, now is the time for food and beverage companies to consider response actions to help mitigate their risk and prepare for how they will deal with the fallout from the coronavirus. An effective plan should include establishing an interdisciplinary crisis response team to identify, assess and manage the risk presented. The team should include personnel from purchasing, operations, quality, regulatory, finance and legal. Coronavirus outbreak had a considerable impact on consumption pattern of buyers. This will invariably impact growth forecasts for the market.

“In terms of operation, the market is expected to witness high demand in the semi-continuous deodorization systems segment. It is also forecast to remain the leading segment through the course of the forecast period. Demand witnessed across these segments will prove crucial to the growth of the market,” said a lead analyst at FMI.

KEY RESEARCH FINDINGS

• Deodorization systems help in refining edible oils and fats. It’s a multi-step process which includes oil desecration, heating and cooling, deodorization-de acidification, and vapour scrubbing systems
• Coconut oil, palm oil, olive oil, mustard seed oil, peanut oil, soybean oil, and sunflower are some of the oil which can be refined by deodorization process
• Key factors contributing to the growth of the global deodorization systems market are growing environmental issues, rising industrialization, increasing market awareness and the inclination of producers towards cost-effectiveness
• The chemical processing industry is expected to account for the leading share in the global deodorisation systems market
• Among edible oil types, palm oil accounted for higher share the global deodorization systems market.
• The Asia Pacific market is expected to rise at the highest CAGR due to the remarkable expansion of the food and beverage and industry in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand and Malaysia.

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

• The estimated value of the market was at US$ 3.7 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Asia Pacific accounts for the largest share in the global deodorization systems market due to the high industrial growth potential and industry favorable policies.
• The growth in manufacturing sector and upcoming demand for hybridization of algal oils with regular oils is likely to showcase growth opportunities for the deodorization system market during the forecast period.
• In the near future, the continuous segment will account for maximum share in the global demand for deodorization systems.
• Rising equipment exports and increased demand for edible oil are some of the main factors that will increase the growth of this market in the near future.

Competitive Landscape

Some of the players functioning in the global deodorization systems market include Desmet Ballestra (Belgium), Gianazza International S.p.A. (Italy), Crown Iron Works (US), DVC Process Technologists Pvt. Ltd. (India), Alfa Laval AB (Sweden), Zhengzhou Sunshine Machinery Co. Inc. (China), and Gianazza International S.p.A. (Italy). The manufacturers are highly focused on implementing creation and marketing strategy to stimulate this market’s growth.

Besides that, mergers and acquisitions continue to be a common strategy among market players. With strategic partnerships, corporations plan to extend their regional footprint.

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DEODORIZATION SYSTEMS MARKET TAXONOMY

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

Component

• Pumps
• Towers
• Coolers
• Oil & Management Systems
• Tanks

Technology

• Thin Film
• Packed Column

Refining Method

• Physical Refining
• Chemical Refining

Edible Oil

• Soybean Oil
• Olive Oil
• Peanut Oil
• Canola Oil
• Sunflower Oil
• Palm Kernel Oil
• Cottonseed Oil
• Coconut Oil
• Palm Oil

Operation

• Batch Deodorization Systems
• Semi- Continuous System
• Continuous Deodorization Systems

Table Of Content

1. Executive Summary

2. Market Overview

3. Market Background

4. Global Deodorization Systems Market Demand Analysis 2015-2019 and Forecast, 2020-2030

5. Global Deodorization Systems Market – Pricing Analysis

6. Global Deodorization Systems Market Demand (Size in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030

7. Global Deodorization Systems Market Analysis 2015-2019 and Forecast 2020-2030, By Component

8. Global Deodorization Systems Market Analysis 2015-2019 and Forecast 2020-2030, By Technology

9. Global Deodorization Systems Market Analysis 2015-2019 and Forecast 2020-2030, By Refining Methods