Raising Agents Market Growth, Future Prospects And Competitive Analysis 2026

Providing the lightness to food items such as cakes and breads has led food & beverage companies towards adopting raising agents to their production methods. For their specific function in releasing gas when the mixture gets heated, raising agents are important in the production of cakes and several other bakery items as they make them fluffy and creamy at the core. Chemical, biological, natural or physical, a range of raising agents are being used in the global food & beverage industry. However, the demand for raising agents continues to descend with emergence of egg alternatives and substitutes such as lemon juice. According to a recently published forecast study by Future Market Insights, the global market for raising agents is poised to expand at a moderate pace in the foreseeable future.

Key insights from the study reveal,

  • The global raising agents market is expected to register a value CAGR of 3.1% for the forecast period, 2017-2026
  • In terms of volume, the study estimates that by the end of 2026, over 33,00,000 tonnes of raising agents will be sold across the globe
  • The demand for raising agents will witness a considerable traction on the back of their effective applications in production of confectionaries

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Confectionary Product Applications to Register Fastest Revenue Growth at 3.6% CAGR

The study has highlighted the rising applications of raising agents in the confectionary businesses. Manufacturers of confectionary products in several parts of the world are using up a considerable share of raising agents being produced in the world. The report estimates that in 2017, US$ 5.4 billion worth of raising agents sold across the world were accounted by confectionary product applications. The report also reveals that the demand for raising agents namely, cream of tartar and baking soda, will gain equivalent traction by registering a value CAGR of 3.2% individually for the forecast period. During this period, baking powder will lose its prevalence as a sought-after raising agents. Acidity issues and rancid tastes arising from excessive use of baking powder as raising agents will continue to lower its demand in the global market. On the other hand, the report also reveals that organic agents will register highest revenue growth, bringing in more than US$ 5 billion by 2026-end.

Europe to Represent Leading Consumer Marketplace for Raising Agents

The consumption of raising agents through direct or indirect sales is expected to be high in European countries. In 2017, Europe’s raising agents market was estimated to be valued at nearly US$ 11 billion. The report further revealed that in the same year, direct sales & wholesalers accounted for more than US$ 9 billion revenues procured in the global raising agents market. Increasing consumption of confectionaries, prevalent demand for baked goods, and easy access to natural raising agents are observed to drive the growth of Europe’s raising agents market during the forecast period. The report also estimates that several leading companies producing raising agents on a global scale will be aiming at expanding their businesses across European countries. Weikfield Products Private Limited, Caravan Ingredients Inc., ACH Food Companies Inc., Davis, Clabber Girl Corporation, Rumford, Foodchem International Corporation, Newseed Chemical Co. Limited, McCormick & Company Inc., and (Tártaros Gonzalo Castello SL) Mitsubishi Corporation, are observed as the key players in the global raising agents market. These companies are expected to drive the global production of raising agents through 2026.

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About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Food Botanicals Market By Key Players, Competition Tracking, Applications & Forecast 2026

The report offered by Future Market Insights (FMI) expects the global food botanicals market to witness sluggish growth. The market is projected to register 3.0% CAGR during 2017-2026. The global food botanicals market is also projected to bring in US$ 1,538,534.2 million revenue by the end of 2026.

Botanicals including various plants have gained popularity in various food products. More than 250 botanicals including fresh or dried plants, plant parts in the form of concentrated extracts are added during the processing of the food products. Botanicals are mainly added to provide fragrance, colour, flavour to various food products. Among various botanicals used in food products, many botanical ingredients are generally recognized safe by various regulatory bodies.

Increasing consumption of herbal products and supplements is driving the demand for botanicals in the food and beverages industry. Owing to the characteristics of botanical ingredients including intrinsic health properties is resulting in the increasing use of botanicals in food products. Manufacturers or producers are also investing in research of new botanicals or plants that can be used in various food products offering a unique taste and lots of health benefits. Changing lifestyle and increasing consumption of dietary supplements including natural ingredients is also driving the market growth.

However, stringent regulations, increasing concerns over raw materials, and increasing number of people suffering from various food allergies are some of the factors hampering the growth of the global food botanicals market. Companies producing beverages energy drinks and non-alcoholic drinks are also focusing on introducing new products using botanical ingredients to offer a unique product with enhanced flavors.

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Key Insights on the Global Food Botanicals Market

The global food botanicals market is segmented into form, source, end users, application, and region. Based on the source, the market is segmented into plants, algae, and fungi or lichens. Plants are expected to witness the highest growth. By the end of 2026, plants are projected to surpass US$ 992,600 million revenue.

On the basis of form, the segmentation includes dried plants and leaves, oelioresins, essential oils, and other forms. Among the given forms, dried plants and leaves are expected to be the most preferred form of food botanicals. Dried plants and leaves are projected to bring in close to US$ 624,900 million revenue by the end of the forecast period.

Based on the application, the global food botanicals market is segmented into beverages, confectionary, supplements, flavour enhancers, and other applications. Supplements are anticipated to be the largest segment in terms of application. Supplements are projected to surpass US$ 521,800 million revenue towards the end of 2026.

On the basis of end users, the market is segmented into commercial and residential. Commercial segment is expected to witness the fastest growth during the forecast period. By the end of 2026, commercial segment is projected to generate more than US$ 931, 200 million revenue.

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Geographically, the global food botanicals market is expected to witness the fastest growth in the Asia Pacific Excluding Japan (APEJ). Increasing consumer awareness about the benefits of health supplements, growing demand for plant-derived food, medicines, and supplements in the countries such as China and India are some of the factors driving the food botanicals market in the region. Rising demand for superfoods, protein products and herbal extract powders in APEJ is also contributing to the growth of the market.

Competitive Analysis

Kerry Group Plc, Marfrig Group, BRF S.A., Pilgrim’s Pride Corporation, Associated British Foods Plc., Tyson Foods, Inc., Arcadian Organic & Natural Meat Co, and Verde Farms, LLC, are some of the major companies operating in the global food botanicals market.

Fish Powder Market Notable Developments & Geographical Outlook

In the last few years consumers have become more selective about their food choices. Rising awareness among consumers has spurred the demand for prefer healthier, better quality and ecological food products. Fish is a widely available nutrient rich food source with high protein, minerals and vitamin content. Therefore, fish consumption has considerably increased over the years. Projected to rise at a CAGR of ~6 between 2019 and 2026, Future Market Insights foresees stable growth for the market.

Fish Powder Market by Product Type

Key Takeaways from the Fish Powder Market Study

  • According to the report, several manufacturers are expanding their global footprint through acquisition of major regional players. This is also intended to expand their product offerings and increase the number manufacturing facilities. Currently key players are focusing on opening innovative development centres to boost manufacturing capabilities in the targeted country and improve their global presence.
  • Since there is limited production of fish powder, leading manufacturers are now focusing on improving their distribution base in the global market in order to make sure the product is readily available to its target customers.
  • Among various end-use segments, the usage of fish powder in animal feed is most common. Owing to the increasing health awareness and growing preference for processed food/diet with low fat, sugar, salt and high protein content, the demand for fish powder is considerably rising in the food & beverages segment.
  • Technologies that are expected to gain prominence in the upcoming years are influenced   by various macroeconomic factors that may also change the course of growth. Also, emergence of new technologies is likely in the near future. These technologies can replace the existing ones or render their traditional counterparts completely obsolete. The financial situation and the company’s manufacturing these products will select the course of the growth of these technologies

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“Key players are anticipated to focus on improving their horizontal integration to reduce the uncertainties associated with the supply of consistent quantity and quality of raw materials. Furthermore, upcoming entrants in the fish powder market are specifically expected to focus on incorporation of more advanced processing technologies mainly which are environment friendly as well as economical to grow as a leader in the market.” says an FMI analyst.

fish powder market region wise share

The consumption of fish has markedly increased on account of promotion campaigns undertaken and increasing consumers concerns regarding healthy and sustainable life. In addition to this, factors such as population growth, increase in per capita disposable income, healthy food consumption trend, and urbanization also have a positive impact on the market.

The demand for pet foods offering high protein, low carbohydrates and grain free diets is persistently increasing. In addition to this, there is a rise in the number of pet food products with “limited ingredients” and “novel ingredients” with an expanding “No” list of wheat, corn, soy, potato, beet pulp, beef and other byproducts.  As a result these factors, fish meal has been quite popular among pet owners since the last few years.

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Who is winning?

Some of the key players operating in the fish powder market are Omega Protein Corporation, Bio-marine Ingredients Ireland Ltd., Scanbio Marine Group AS, Bio-Oregon Protein, Inc., TripleNine Group A/S, Sopropeche S.A., Alaska Protein Recovery LLC., Titan Biotech Limited, A Costantino & C. S.P.A., Oceana Group Limited S.A., Empresas Copec S.A., Ff Skagen A/S., Biomega AS., Sardina D.O.O., Pesquera Diamante S.A., Austevoll Seafood ASA., Colpex International S.A.C., Symrise AG, and others.

Several leading market players are acquiring smaller businesses to expand their footprint and product portfolio. Besides this, acquisition often allows them to gain competitive advantage.

  • In 2015, Oceana Group Limited S.A. acquired the fishing business of Foodcrop Limited. This acquisition deal was carried out through an investment of around US$ 34.5 Mn. This acquisition is entitled to pelagic fishing rights, which is expected to benefit the group enabling expansion of its fishmeal production capacity.
  • In October 2017, FF Skagen AS acquired Skagerak Pelagic from Skagerak Group. Through this acquisition it entered into the market of pelagic fish for human consumption. Skagerak Pelagic is Denmark’s largest producer of herring for human consumption, producing around 30,000 metric tons of finished herring products.

Get Valuable Insights into Fish Powder Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global Fish Powder market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the Fish Powder market based on the product type (fish meal powder and fish protein powder), end user (food & beverages, cosmetics & personal care, sports nutrition & dietary supplement, pharmaceuticals, fertilizers, and animal feed (animal feed segment is further categorized into aqua feed, poultry, and swine)), and distribution channel (B2B and B2C (B2C is segmented into Store based retailing and online retailing) across seven major regions.

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Lactose Free Dairy Products Market will Reach a Valuation of over US$ 17,809.4 Mn by 2027: FMI

The global lactose free dairy products market is primarily characterised by the presence of a large number of regional and multinational companies. According to a recently published report by Future Market Insights titled “Lactose Free Dairy Products Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2019-2027),” the global lactose free dairy products market is estimated to reach a valuation of US$ 17,809.4 Mn by the end of 2027. Sales revenue is expected to increase at a CAGR of 5.3% during the forecast period 2019 – 2027.

Global Lactose Free Dairy Products Market: Drivers

  • Rise in organic food and beverage consumption is driving the lactose free dairy products market
  • Mature market for lactose free dairy products and a well aware consumer base is anticipated to boost the growth of new offerings of lactose free dairy products
  • Prevalence of lactose intolerance in the Latino population is driving consumers towards lactose free solutions in dairy products
  • Improving global economics is triggering consumer preference for premium products such as lactose free dairy products
  • High lactose intolerant population in certain regions is expected to create good potential for lactose free dairy products
  • A growing foreign population in the GCC and South African region is expected to drive demand for lactose free dairy products

An increasing global urban population is expected to drive the lactose free milk and other lactose free dairy products market

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Global Lactose Free Dairy Products Market: Forecast by Nature

On the basis of nature, the global lactose free dairy products market is segmented into organic and conventional segments. The global lactose free dairy products market is expected to be dominated by the conventional segment over the forecast period owing to its competitive price point. However, in terms of value, the organic segment is anticipated to witness high CAGR growth over the forecast period as a result of increasing demand for organic products across the globe.

Global Lactose Free Dairy Products Market: Forecast by Distribution Channel

On the basis of distribution channel, the global market for lactose free dairy products is segmented into supermarkets/hypermarkets, convenience stores, speciality stores and e-retailers. In terms of volume, the speciality stores segment is expected to witness comparatively low CAGR growth over the forecast period. In terms of value, the e-retailers segment is projected to witness high CAGR growth over the forecast period as a result of the increasing penetration of the internet and adoption of online shopping globally.

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Global Lactose Free Dairy Products Market: Forecast by Form

The form segment comprises semi-solid, liquid, and powder segments. In terms of growth, the liquid segment dominates the global market with a CAGR of 5.5% throughout the projected period. This growth can be attributed to a large volume consumption of whole milk. The semi-solid segment is also expected to perform well over the study period owing to increasing demand for yoghurt and cream based products.

Global Lactose Free Dairy Products Market: Forecast Product Type

On the basis of product type, the global market for lactose free dairy products is segmented into milk, condensed milk, milk powder, yoghurt, ice cream, desserts, butter/cheese, infant formula, processed milk products. The milk segment is anticipated to witness comparatively high growth over the forecast period owing to increased demand in the global market.

Global Lactose Free Dairy Products Market: Forecast by Region

In a majority of the developed as well as developing countries, increased per capita spending on dairy products is expected to drive revenue growth of lactates and related ingredients. This growing demand for milk and milk products offers significant growth opportunities for dairy products manufacturers. This is boosting the consumption and sales of lactose free dairy products across various regional markets.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Chickpea Flour Market 2026 Industry Future Set to Massive Growth with High CAGR value

As per the report by Future Market Insights (FMI), the global chickpea flour market is likely to witness moderate growth. The market is also estimated to increase to 4.7% CAGR throughout the forecast period. By the end of 2026, the global chickpea flour market is also estimated to generate US$ 5,263.1 million revenue. Chickpea Flour is made by grinding whole dry chickpeas. Being a good source of fiber and protein, and cholesterol free, the demand for chickpea flour is increasing. Chickpea flour also helps to fight various health problems such as obesity, heart disease, diabetes, and cancer, hence the consumption of chickpea flour is increasing. Although chickpea flour is used across the globe, it is especially used in Indian cuisines.

Apart from providing health benefits, chickpea flour also has a subtle flavour which makes it perfect for desserts as well as savory dishes. Moreover, producers of the chickpea flour are also investing in the development of new products in order to serve the large customer base. Chickpea flour is also widely used in producing baked food products, hence the demand for chickpea flour is high among the companies producing backed products.

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Key Highlights on the Global Market for Chickpea Flour

The global market for chickpea flour is segmented on the basis of distribution channel, product type, application, and region. By distribution channel, the market is further segmented into Departmental Store, Convenience Store, Online Store, Modern Trade, Food Chain Services, and Other Distribution Channels. Food chain services are likely to emerge as the largest distribution channel for chickpea flour. By 2026 end, food chain services as a distributor of chickpea flour is estimated to bring in nearly US$ 1,600 million revenue.

Based on the product type, market segmentation includes kabuli and desi chickpea flour. Among these two products, desi chickpea flour is expected to witness significant growth as compared to the kabuli chickpea flour. Desi chickpea flour is estimated to exceed US$ 3,200 million revenue by the end of 2026.

By application, the segments include dairy products, beverages, bakery and confectionery, animal feed, extruded products, and other applications. Among these, chickpea flour is estimated to find the largest application in bakery and confectionery. Towards the end of the forecast period, bakery and confectionery is projected to generate revenue exceeding US$ 2,400 million revenue.

Based on the region, Asia Pacific Excluding Japan (APEJ) is expected to register the highest growth in terms of value throughout the forecast period 2017-2026. APEJ is estimated to exceed US$ 2,400 million revenue by the end of 2026. Chickpea flour is used on a large basis in Indian cuisines, especially in sweet desserts, snacks and various other dishes. Also, high cultivation of chickpea in the region is contributing to the growth of the chickpea flour market. Meanwhile, North America followed by Europe are also anticipated to witness substantial growth in the coming years. Changing eating habits and rising health consciousness among people is driving the market growth in the region.

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Competitive Landscape

Parakh Agro Industries Ltd, Bean Growers Australia, CanMar Grain Products, Best Cooking Pulses, Blue Ribbon, Great Western Grain, Diefenbaker Spice & Pulse, Batory Foods, Anchor Ingredients, The Scoular Company, EHL Limited, SunOpta, ADM, Ingredion, and The Scoular Company, are some of the leading companies in the global market for chickpea flour.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Pulse Flours Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2029

The global pulse flour market size is expected to reach US$ 90.6 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at X% CAGR between 2019 and 2029. According to the report, rising market demand for pulse flours is on the rise due to its many food-related benefits. The study provides a detailed analysis of the industry, covering key drivers of growth, restraints, opportunities and dominant trends. This uses innovative analysis techniques to provide industry analyzes with the most precision.

It includes in-depth insights into the pulse flour market. Some of these are:
  • The total market value was 34 million US dollars in 2019. The market is exhibited during the report’s forecast period to display a steady pace of growth.
  • Asia Pacific dominates the demand for pulse flours led by North America.
  • Growing recognition of the benefits of consuming pulse flour products makes India a leading consumer of pulse flours.
  • High demand from the food & beverage industry for natural and balanced ingredients is projected to fuel the global market for pulse flours over the review period.
  • Higher cultivation of pulses, growing advancement in agriculture along with newer opportunities and advancements in the food processing industry has been some of the key factors that have boosted overall demand for pulse flour.

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To remain competitive in developed markets, key players should possibly concentrate on product innovations. In addition to this, they are likely to focus on expanding their geographic reach and strengthening their portfolio to gain competitive edge in the market,” said a lead analyst at FMI.

pulse flour market pr

Despite Focus on Health Benefits, Change in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

Growing market demand for pulse flours is on the rise due to its numerous health-related benefits. Pulse flours are low in fat content and contain fiber and protein which has shown a boundless tendency towards the products of pulse flours. In addition, the therapeutic benefits associated with consumption such as controlling blood sugar levels, enhanced digestion, and weight control have increased the use of pulse flours in the food & beverage and functional food industry. In addition, increased preference for food & beverage green label products has increased global consumer demand for pulse flours.

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Novel coronavirus also known as COVID-19 poses a significant threat to human life. It has already affected millions across the globe and many have succumbed to the disease. As healthcare workers around the globe are heroically battling the epidemic, governments and different businesses have come together to address the problem as well as the risks to the economy that are looming. Several advances have occurred since the pandemic struck and have had considerable impact on the food industry. Such innovations, it goes without saying, would have a profound effect on the operations of any single company in this field.

Who is Winning?

Some key players in the global pulse flour market are Parakh Agro Industries Ltd., CanMar Grain Products, Best Cooking Pulses, Diefenbaker Spice & Pulse, Globeways Canada, Bean Growers Australia, Agspring, Blue Ribbon, Great Western Grain, Batory Foods, Anchor Ingredients, Archer Daniels Midland, EHL Limited, SunOpta, ADM, The Scoular Company, and Ingredion, among others. Due to the existence of a variety of large- and small-scale firms with little product differentiation, the pulse flours market is characterized by medium to high competition. New product releases, acquisitions, and extensions are key tactics these companies have embraced to ensure their market growth.

Get Valuable Insights into Pulse Flours Market

Future Market Insights, in its new report, presents an unbiased analysis of the global pulse flour 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. On the basis of type, the pulse flour market is segmented into beans, broad beans, peas, chickpeas, lentils, lupins, and others. On the basis of the application, the pulse flours market is segmented into beverages, bakery products, savory snacks, meat products, and others. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Spirulina Powder Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2029

According to a new study by FMI, sales of Spirulina Powder is expected to reach ~US$ 358 Mn in 2019. After the approval from the FDA for use of spirulina in food & beverage products, the demand for spirulina increased. Multiple companies invested in research and development to launch unique and innovative products using spirulina. Spirulina powder is used in various applications such as food and beverage, dietary supplements, pharmaceuticals, animal & aquaculture, and cosmetic & personal care industry. In last two years, multiple products are launched in the food and beverage industry in which spirulina powder is used as a primary ingredient. Natural Blue and Green Color produced from spirulina is in high demand and witnessed a strong market growth in last two years.

  • Demand for spirulina powder is growing rapidly as it is the super-food, which contains highest amount of protein found in any natural grown food. It also contains highest amount of vitamins, minerals and other essential nutrients, which makes it an ideal dietary supplement. Spirulina powder contains vitamin A, B, C, E, & K, and minerals such as magnesium, calcium, sodium, iron, phosphorus, zinc and manganese.
  • Sales of Spirulina is increased in past three years due to a positive perception towards the super-food, which consists of enormous amount of nutritional contents. Around 4 gram (1 teaspoon) of Spirulina can give sufficient quantity of protein, vitamin and minerals, which is generally obtained from food consumed in a whole day.

Organic and natural formulations have been consistently increasing trend since the past decade, and the trend is expected to continue over the forecast period. As per the USDA, over 75% of the grocery stores carried organic products in the year 2013. The demand for organic spirulina powder is growing as compared to conventional spirulina powder.

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Spirulina Powder Market

In 2013, the U.S FDA approved the use of natural colorant made from spirulina. Multiple companies across the globe are producing natural colorant from spirulina such as Blue, Red, Green and Brown. In Europe, ESPA banned the use of synthetic colorant in food products, which helped spirulina powder to gain momentum in the natural colorant market.

Rising Use of Spirulina Powder in the Cosmetic & Personal Care Industry

Spirulina powder contains antioxidants and anti-inflammatory properties, which is witnessing a high growth in the cosmetic industry. Spirulina powder contains vitamins such as A, C & E in large quantities that are antioxidants and provide nourishment to the skin, due to which it is used in moisturizing and skin care creams.

Manufacturers have started using micro-algae in skin problems such as anti-aging, tanning, and pigmentation issues. Spirulina powder is used in anti-aging creams, skin whitening creams and pigmentation reducing products. Spirulina powder also has anti-cancer properties, which will boost the demand of its cosmetic products, as people prefer to take treatment which doesn’t require consumption of medicines.

Cost-Effectiveness

Despite the rise and fall of spirulina production globally, prices are maintained at an optimum level with a variance in prices of maximum 15% year on year. Multiple factors play an important role in identification of market prices such as spirulina powder production cost, processes used, labor cost, electricity and water cost, transportation cost and much more. Due to a subtle process by which manufacturers produce low processing cost, the Spirulina products such as spirulina powder are also found to be cost-effective and benchmark with its parent market prices. Various manufacturers are focused toward providing spirulina powder at an optimum price, owing to their high demand among consumers. Different companies have implemented integrated production approach to deliver cost-effective products.

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The global spirulina powder market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

By Nature

  • Organic
  • Convention

By Application

  • Food & Beverage
  • Dietary Supplements & Pharmaceuticals
  • Animal & Aquaculture Feed
  • Cosmetics & Personal Care
  • Others

By Sales Channel

  • Direct Sales
  • Retail Sales
    • Modern Trade
    • Specialty Stores
    • Pharma & Drug Stores
    • Online Retail
    • Other Retailing Formats

Usage of Spirulina Powder in Fish and Animal Feed Creating Demand

Spirulina powder has found application in animal feed, pet food and fish food since, animals and pets can easily digest spirulina powder and even don’t get any allergy or medical problems after consuming spirulina powder. Spirulina powder, which is rich in protein, vitamin and minerals can increase the health of animals & fish and also help in fighting various medical problems in animals. Spirulina powder is used as food for fish for several years due to the food preference, which also reduces the cost of production of fish at commercial scale. Use of Spirulina powder as a food for animals and fish is increasing and which is creating a demand for the product and helps in the overall development of food chain.

This study by FMI offers insights into the spirulina powder market for the forecast period of 2019-2029. The spirulina powder market is projected to record a CAGR of ~6% during the predefined period.

Frozen Ready Meal Market Future Plans and CAGR Forecast by 2026

The key role of refrigeration in the global supply chain of food products has driven the use of freezing and frozen storage units. Along with packaging, freezing of foods has played an instrumental role in the value chain of food products, particularly for meals. Consumers are opting for frozen ready meals to meet their basic nutrition requirements in proactive lifestyles. According to Future Market Insights’ recent report, the demand for frozen ready meals is expected to witness steady demands in the foreseeable future. However, the report also addresses that shortcomings in the global cold chain and growing complexities in production of frozen ready meals will continue to remain key market growth impediments.

Key findings from the report reveal that the global frozen ready meals market will expand at a moderate CAGR of 4.3% and bring in an estimated revenues worth over US$ 47 Bn. The report has analyzed several factors influencing the growth dynamics of the global frozen ready meals market. Among which, quality and safety are observed to be the key factors influencing the production and the sales of frozen ready meals.

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Absolute Compliance to Quality and Safety Standards

Companies partaking in the global frozen ready meals market are expected to be compliant to the safety and food quality standards set by regional and global regulatory bodies. Players namely, General Mills, McCain Foods Ltd., Nestle S.A., Daiya Foods Inc., Dr. Oetker GmbH, Conagra Brands, Inc., Connies Pizza, California Pizza Kitchen, Atkins Nutritionals, Inc., FRoSTA AG, and H.J. Heinz are expected to follow production techniques that retain the quality of the frozen ready meals. Moreover, these companies are expected to invest millions in developing methods for making frozen ready meals safer to the common consumer. Collaborating with the right packaging partner will also instrument a greater safety of the frozen ready meals being produced. New machineries are being developed to facilitate the cook-assemble-freeze manufacturing of these meals at a large scale. Cold storage companies are witnessing a consolidation to ensure that the fluctuating storage conditions do not degrade the quality of frozen ready meals to higher extent.

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APEJ to Register High Demand for Frozen Ready Meals through 2026

The report has provided an intensity map which reveals that a majority of market players will concentrate their production in the Asia-Pacific excluding Japan (APEJ) region. The APEJ frozen ready meals market is expected to witness highest and fastest expansion during the forecast period, in terms of production as well as sales. Consumers in the APEJ region are estimated to be more inclined towards frozen ready meals against fresh meals due to the ease of reheating and thawing over preparing the meals from scratch. Europe and North America are also expected to witness considerable growth in terms of sales of frozen ready meals. Large food chain services in these developed regions will showcase a considerable end-use of frozen ready meals through 2026.

The report further reveals that the global frozen ready meals market will witness highest end-use among food chain services, followed by modern trade outlets. By the end of 2026, more than US$ 16.6 Bn worth of frozen ready meals will be used by food chain services across the globe. The report also reveals that chicken meals will be a top-selling product in the overall frozen ready meals landscape. In 2017 and beyond, more than one-third of revenues procured in the global frozen ready meals market will be accounted by the sales of frozen ready chicken meals.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Artificial Sweeteners Market by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2026

Rise in awareness about risks of diabetes, increasing focus towards dental care, and increasing inclination towards weight management continue to fuel market for artificial sweeteners. The global consumption of artificial sweeteners is slated for 5% CAGR during 2019 – 2026. A new Future Market Insights (FMI) report projects that the demand for artificial sweeteners will be on a steady rise within food & beverages and pharmaceuticals industries.

Key Takeaways – Artificial Sweeteners Market Study
  • Artificial sweeteners have nearly zero calories in a serving as compared to a teaspoon of sugar, which contains approximately 16 calories. Increasing adoption of healthy lifestyles is, in turn, reducing sugar consumption across the globe. For instance, according to the U.S Department of Agriculture, sugar consumption in New York slumped by 25% in 2018 as compared to the previous year.
  • Artificial sweeteners are increasingly used in manufacturing processed food products such as candies, jellies, baked goods, sauces, canned foods, ice cream, soft drinks, and yogurt, apart from various dairy products.  Increasing preference for sugar-free products is a key artificial sweeteners market trend, which will bode well in the foreseeable future.
  • Artificial sweeteners are used as preservatives in multiple canned and frozen food products. According to FAO, global frozen food products sales was valued at US$ 26 Bn in 2001. Consumption of frozen food products is increasing worldwide, creating a favorable environment for market growth.
  • Healthy beverages consumption has seen a rapid rise in the recent past, on the back of increasing adoption of healthy lifestyles.
  • Bakery goods and beverages will remain at the forefront in terms of demand, accounting for a collective value share of around 40%.

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Research and development aimed at reducing hyper-intense sweetness of most artificial sweeteners and positioning these as diabetic-safe taste enhancers can pay rich dividends to manufacturers.

artificial sweeteners market pr

High Prevalence of Obesity Creating Favorable Market Conditions

The market is highly competitive, demonstrating the presence of small, medium, and large-scale players. According to the report, key players are competing in terms of brand recognition, taste, source of ingredients (natural or synthetic), quality, price, and service. To sustain their positions in the artificial sweeteners market, players are manufacturing high-quality artificial sweeteners with added benefits. Artificial sweeteners are low in fructose and have low calories. Artificial sweetener manufacturers are focusing on increasing production of natural artificial sweeteners, as health conscious consumers prefer natural sugar-free products. Obesity can lead to various diseases such as heart-related diseases, strokes and other cardiovascular diseases. According to a research conducted by the American Heart Association, in 2018, cardiovascular disease was listed as the underlying cause of death, accounting for nearly 836,546 deaths in the U.S.

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Know More About Artificial Sweeteners Market Study

Future Market Insights, in its new report, offers an unbiased analysis of the global artificial sweeteners market, presenting historical demand data (2012-2018), and forecast statistics for the period, 2019-2026. The study divulges compelling insights into the artificial sweeteners market on the basis of product type (aspartame, acesulfame k, saccharin, sucralose, and neotame), end user (food & beverages, pharmaceuticals, direct sales, and other applications), application (bakery goods, sweet spreads, confectionery and chewing gums, beverages, dairy products, and others) across six major regions.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Guar Gum Market To Surpass US$ 1.3 Bn In Revenues By 2026

The global guar gum market is likely to surpass US$ 1.3 Bn in revenues by the end of 2026, according to a new research report by Future Market Insights (FMI). The report projects the market to grow at a CAGR of 2.8% during the forecast period 2017-2026, with steady demand from end users in Asia Pacific excluding Japan (APEJ) likely to provide growth opportunities to stakeholders in the market. Applications in food and beverage industry are likely to create steady demand during the assessment period.

To offer readers detailed insights on the guar gum market, the report has segmented the market on the basis of product type, end use industry, and primary function. In addition to this, the report also offers region-wise analysis and segmentation, offering readers detailed analysis on the lucrative and sluggish markets.

On the basis of product type, the key segments include food grade, fast hydrated gum oil drilling grade, and industrial grade. By end use industry, the market has been segmented into food and beverages, fracking, textiles, pharmaceuticals, and other end-use industries. On the basis of primary function, the key segments include thickener and stabilizer, binding agent, and other functional properties.

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Among the product types, the fast hydrated gum oil drilling grade segment will continue to remain attractive during the assessment period. This segment currently accounts for nearly 70% revenue share of the market, and is likely to remain lucrative throughout the forecast period. The fast hydrated gum oil drilling grade is likely to surpass US$ 800 Mn in revenues by the end of the forecast period.

Demand for guar gum is likely to remain robust in the fracking segment. Currently, fracking accounts for over two-third revenue share of the market, and it is highly likely that the dominance of this segment will continue beyond 2017. This segment is projected to grow at a CAGR of 2.4% to reach a valuation of over US$ 800 Mn by the end of the forecast period.

The use of guar gum has been witnessing an increase owing to its growing application in the oil & gas industry. However, as the oil and gas industry is going through a sluggish phase, the demand for guar gum has declined to an extent. Some of the sluggishness on account of oil & gas is likely to be compensated by growing demand in the food and beverage industry. Guar gums find wide-ranging applications in the food & beverage industry, where it is used as a thickener and stabilizer. Steady demand from the food and beverage industry is likely to provide an impetus to the growth of the guar gum market during the assessment period. Growth is likely to remain steady from the textile and paper sector, however, availability of other feasible alternatives can stymie demand to an extent.

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Although still at a nascent stage, demand for guar gum in managing health disorders such as diabetes and cardiac elements presents an opportunity for manufacturers. Further advancement in the application of guar gum in the healthcare sector can open up new avenues of growth for guar gum manufacturers during the assessment period. Some of the leading players in the market include Lucid Group, Jai Bharat Gum, Hindustan Gums, Vikas WSP, Shree Ram Gum, Cargill Inc, Supreme Gums Pvt. Ltd, Ashland Inc., India Glycols Ltd, Rama industries and Lamberti.