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The matcha market(마차 시장) is expected to record a CAGR of 10.2% during the forecast period. The market is expected to hold a share of US$ 2.7 billion in 2023 while it is anticipated to cross a value of US$ 7.1 billion by 2033.

Significant Growth Factors:

• The generation that is becoming concerned about their health is taking action to combat both the consequences of pollution and the rising number of diseases. Food items with antioxidant and anti-inflammatory effects are therefore in high demand.
• Matcha encourages suppliers of organic skincare products to utilize it because it prevents acne and other skin issues. Teenagers’ hormonal acne may be treated with matcha powder, which is fueling industry expansion. People constantly searching for organic superfoods and immune booster beverages are expanding the demand for matcha products such as matcha ice lattes and matcha tea.
• The higher influence of social media trends and internet reviews is expanding the growth of matcha tea and other products.
• The expanding bakery and beverage products are fueling the application of matcha in the form of food and beverages. Matcha is also used in drinks as an essential element to enhance the drink with its grassy notes.

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Key Points

• The market in the United States is likely to lead the matcha market in terms of CAGR. The market thrives at a CAGR of 9.9% during the forecast period. The market growth is attributed to the growing health consciousness among people along with the expanding bakery businesses. The regional market is expected to hold a value of US$ 355.0 million by 2033.
• The matcha market in China is expected to record a CAGR of 9.5% between 2023 and 2033. The greater usage of it through the beverage and skincare industries is the cause of the regional expansion. The market is anticipated to reach a value of US$ 1.9 billion by 2033.
• India is leading the market in terms of CAGR and is expected to record a CAGR of 7.9% and is anticipated to reach a valuation of US$ 937.2 million by 2033.
• The ceremonial segment is likely to thrive in the grade type category and is expected to record a CAGR of 10.0% between 2023 and 2033. The variables that led to applications and their potency as a cleanser are attributed to the growth.
• The bulk bags segment is expected to top the packaging category and is anticipated to record a CAGR of 9.6% during the forecast period. The growth of this segment is fueled by considerable flexibility and easy application.

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Competitive Landscape

The key competitors are working to create new grades and enhanced matcha products. Key competitors also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players in the market are ITO EN Ltd., Tata Global Beverages Ltd., Starbucks Corporation, The Hain Celestial Group Inc., Unilever PLC, and Aiya-Co. Ltd, The AOI Tea Company, McCormick & Company, Inc., Matchaah Holdings Inc., The Republic of Tea, Clearspring Ltd, Andrews & George Company Limited, Green Foods Corporation, and Marukyu-Koyamaen Co. Ltd.

Recent Market Developments

• McCormick & Company has introduced its new matcha recipes such as pea matcha green tea smoothie, matcha coconut kale smoothie, matcha green tea cake with lemon meringue frosting, and matcha green tea with ginger and citrus blend.
• Green Foods Corporation has launched its ceremonial matcha green tea with a subtle flavor and sweet scent. The matcha used in this product is cultivated to achieve a bright green color and organic aroma.

Key Segments

By Grade Type:

• Ceremonial
• Classic
• Café
• Culinary

By Nature Type:

• Organic
• Conventional

By End-Use Type:

• Food Processing
• Beverage Processing
• Personal Care
• Foodservice
  • Tea Shops/Café
  • Restaurants
• Institutional
• Household

By Packaging Type:

• Bulk Bags
• Cartons
• Sachets
• Stand Up Pouches
• Tins

By Sales Channel Type:

• Direct Sales
• Indirect Sales
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailing

Author by:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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The global fruit pomace market(과일 찌꺼기 시장) is projected to reach a valuation of US$ 3.5 billion in 2023 and is anticipated to grow to US$ 5.0 billion by 2033, recording a compound annual growth rate (CAGR) of 3.5% during the forecast period. This steady growth is fueled by the increasing demand for animal and organic feed, as well as the rising adoption of plant-based diets and nutritional supplements.

Fruit pomace, a byproduct of juice and cider production, is gaining popularity due to its rich nutritional content, including antioxidants and pectin. Manufacturers are leveraging this nutrient-dense material to develop a variety of products such as liquid, powder, and paste forms, which cater to diverse consumer needs. The growing awareness about healthy lifestyles and the benefits of fruit pomace in dietary supplements and animal feed are significant drivers of market demand.

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Key Takeaways

• The market is set to expand at a steady pace, with a projected valuation of US$ 5.0 billion by 2033.
• The versatility of fruit pomace in various industries, including animal feed, nutraceuticals, and food and beverages, ensures a broad market reach.
• Investing in fruit pomace aligns with the global shift towards sustainable and eco-friendly products.
• The growing consumer focus on health and wellness is driving demand for fruit pomace, particularly in the context of plant-based diets and nutritional supplements.

Business Growth Headlines

• Animal Feed and Organic Food Demand Drive Market Expansion The rising demand for animal and organic feed is a significant growth driver in the fruit pomace market. With its rich fiber and nutrient content, fruit pomace is becoming a preferred ingredient in animal feed, enhancing the nutritional value of livestock diets.
• Innovative Product Development in the Food & Beverage Industry Manufacturers are expanding their product lines by developing various forms of fruit pomace, including liquid, powder, and paste. This innovation caters to the diverse needs of consumers and food producers, increasing the adoption of fruit pomace in the food and beverage industry.
• Vegan and Plant-Based Diet Trends Propel Market Growth The increasing popularity of vegan and plant-based diets is significantly boosting the demand for fruit pomace. Products such as apple, tomato, and grape pomace are flourishing in the market, driven by their high nutrient content and health benefits.
• Health Benefits Drive Consumer Adoption Fruit pomace is rich in antioxidants and pectin, making it a beneficial dietary component. The demand for fruit pomace is surging as consumers seek out healthful food products that enhance their diet and boost their immune system.
• Technological Advancements Facilitate Market Expansion The transition from laboratory development to small-batch production is being facilitated by advanced facilities and equipment. This enables manufacturers to scale beverage production efficiently and prepare for mass production, thereby accelerating market growth.

Global Market Survey

• The U.S. fruit pomace market is expected to record a CAGR of 4.3%, reaching a valuation of US$ 524 million by 2033. The growing demand for low-fat, natural, and dietary supplement food items is driving market expansion.
• Canada is set to achieve a CAGR of 4.9%, with an anticipated market value of US$ 373 million by 2033. The rise in urbanization, consumer preference for healthy food trends, and increasing market penetration are key growth drivers.
• The Polish market is expected to grow at a CAGR of 3.3%, reaching US$ 352.4 million by 2033. The increasing prevalence of diseases and the focus on healthy diets are driving the consumption of fruit pomace products.
• The Russian market is projected to grow at a CAGR of 3.1%, with a valuation of US$ 238.3 million by 2033. The innovation in beverages and the rising demand for fruit pomace extract in food products are fueling market growth.

Start-up Ecosystem

Innovative start-ups are playing a crucial role in driving market growth through advanced technologies and sustainable practices. Companies like Lemon Concentrate, LaBudde Group, and Citrosuco are setting benchmarks in quality and innovation, contributing significantly to market expansion.
Key Players in the Market are

• LaBudde Group, Inc.
• Lemon Concentrate S.L.
• Citrosuco S.A.
• Sucocitrico Cutrale Ltd
• Agrana Beteiligungs-AG
• Marshall Ingredients, LLC
• Polyphenolics Inc.
• Louis Dreyfus Company B.V.
• FruitSmart Inc.
• Pacific Coast Fruit Products Ltd.
• GreenField Sp. z o.o.
• Appol sp. z o.o.
• Whole Vine Products
• Yantai North Andre Juice Co. Ltd.

Recent Developments in the Global Fruit Pomace Market are

• In August 2022, the Agrana field day took place on the premises of the Grafenegg estate administration, which nearly 400 farmers attended. The visitors were able to get an understanding of the current varieties of sugar beet and waxy maize in the respective plots.
• In March 2022, Louis Dreyfus Company and its partners celebrated the ground-breaking ceremony for Fuling Food Industrial Park, a joint venture with DOWNLINK group and HAID group in Nansha, Guangzhou.

Conclusion

The fruit pomace market presents a lucrative opportunity for investors, driven by increasing health consciousness, sustainability trends, and the rising popularity of vegan diets. With a steady growth trajectory and diverse applications, the market is poised for significant expansion, offering substantial returns on investment.

Purchase now and gain full access to the Fruit Pomace Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The safflower oil market(홍화유 시장) is anticipated to achieve US$ 232.1 million by 2023, expanding at a CAGR of 4.5% from 2023 to 2033. By 2033, the market is forecast to reach US$ 359 million.

The main factors propelling the market growth are the expanding list of safflower’s skin benefits and the rising demand for safflower seed oil in the food and beverage sector. During the forecast period of 2023 to 2033, the demand for organic and natural ingredients in processed foods is anticipated to boost the overall market demand for safflower oil.

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Increasing Knowledge of Safflower Oil’s Nutritional Properties

In the upcoming years, the global safflower oil market has a significant chance of being driven by factors like rising health consciousness, rising income of consumers in developing regions like Asia Pacific, development and advancement in processing technologies, and increasing use of e-commerce in distribution networks.

Surging cases of heart disease, clotting, and strokes, all over the world have intensified the consumption of safflower, which is therefore supporting the safflower market growth. Increased elderly population disposable incomes brought on by certain nutrients are promoting market growth. The use of safflower oil as a lubricant is boosting safflower oil sales in the safflower seed oil market.

Market Constraints

Safflower, although, have multiple health benefits, it is discouraged by several medical authorities. As there aren’t enough claims and supporting data about safflower’s health advantages, this could potentially slow the market’s expansion of organic safflower oil. Safflower also contains a few negative effects that, when eaten in excess, might lead to allergies and other issues. Moreover, farmers in India are abandoning its cultivation due to unattractive prices and low market demand.

Regional Forecast for the Safflower Oil Market

Despite the dramatic drop in exports, the safflower market in Latin America and North America is now stable. One of the significant markets for organic safflower oil is in the Asia Pacific, where demand is expected to increase over the next few years.

The fact that regional consumption has increased without corresponding increases in local output is what accounts for the markets up to this point of growth. Organic safflower oil demand is being fueled by the rising occurrence of heart illnesses, which includes artery hardening and stroke, across all geographical areas. The adoption of safflower seed oil as pure safflower oil capsules boosts the regional market.

Key Takeaways

• From 2023 to 2033, the high linoleic safflower oil category in the marketis expected to record a CAGR of 4.8% by product type.
• The conventional category may expand at a CAGR of 5.4% between 2023 and 2033, according to the nature section of the market.
• Between 2023 and 2033, the United States safflower oil marketis expected to register a CAGR of 4.5%, reaching US$ 121.8 million.
• Safflower oil sales in India are expected to register a CAGR of 5.0% by 2033, reaching US$ 88.9 million by 2033.
• The Mexico safflower marketis estimated to develop at a CAGR of 3.4% to US$ 27.2 million by 2033.
• Russia’s market might expand at a CAGR of 4.9% by 2033, reaching US$ 17.8 million.
• The China safflower oil marketmight thrive at 8.8% CAGR to US$ 28.0 million by 2033.

Competitive Landscape

Among the top safflower oil manufacturers competing in the international safflower oil market are Adams Group, Aktivv LLP, Oil Seeds International Inc., Los Charitos, Galp Distribuición Oil Espaa, S.A.U., and Ciaberia International Inc. By focusing on research and development initiatives for various breakthroughs, market players attempt to remain relevant in the industry.

Recent Developments

• Acquisition

Louis Dreyfus Company, which owns and runs oilseeds crushing and refining facilities, was acquired by Oil Seeds International Inc. in April 2018.

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Key Segments

By Product Type:

• High Linoleic
• High Oleic

By Nature:

• Conventional
• Organic

By Sales Channel:

• Direct Sales
• Convenience Stores
• Modern Trade
• Online Stores
• Specialty Stores
• Other Channels

By End Use:

• Cosmetics & Personal Care
• Dietary Supplements
• Food & Beverage Industry
• Foodservice
• Pharmaceuticals
• Retail
• Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The global polydextrose market(폴리덱스트로스 시장) share is likely to generate a revenue of nearly US$ 226.6 million in the year 2023.

FMI projections further project the market to register a CAGR of 4.1% between the years 2023 and 2033. This report further predicts the demand for polydextrose, in terms of value, to reach US$ 338.4 million by the end of the year 2033.

The primary driver influencing the market is the rise in the knowledge of the advantages of using polydextrose sweeteners, such as their reduced calorie content and increased fiber content. Additionally, rising consumer demand for polydextrose prebiotics along with a change in consumer priorities for maintaining good health has strengthened the market further.

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The sales of polydextrose are also anticipated to benefit from expanding areas of application in the food and beverage sector. Furthermore, an uptick in corn cultivation activities and a rise in food processing industries are the supply-side factors propelling the growth of the polydextrose market.

Key Takeaways from the Global Polydextrose Market Study Report

• The estimated size of the United States polydextrose market is US$ 43.7 million in the year 2023. As per the market report, it is expected to progress at a 2.6% annual growth rate and reach US$ 56.7 million by 2033.
• China’s polydextrose market is expected to grow at a higher CAGR of 5.9% than any other country over the next ten years. By the end of this forecast period, this regional market is poised to reach a valuation of US$ 42.5 million.
• In the European region, the demand for polydextrose in Germany is anticipated to reach US$ 20.6 million by the end of 2033. The sales of polydextrose in Germany are projected to witness a year-on-year growth rate of 3.3% during these forecast years.
• India is another noteworthy region with surging demand for polydextrose fiber supplements in the Asia Pacific region. The regional market is anticipated to grow at 4.6% CAGR during the forecast years and reach a valuation of US% 5.3 million by its conclusion.
• Over the forecast years, the polydextrose powder segment examined in the report is anticipated to register a 2.4% CAGR. Meanwhile, the growth of the liquid polydextrose segment is readjusted to a higher CAGR over the coming ten years.
• Based on end-use, the use of polydextrose sweeteners as dietary supplements is growing promisingly in the present market. As per the report, this segment is projected to grow at an annual rate of 5.7% over the forecast years.

Competitive Landscape for the Polydextrose Market Players

Tate & Lyle PLC, Danisco (DowDuPont Inc.), Cargill Inc., The Scoular Company, Baolingbao Biology, Samyang Corporation, Golden Grain Group Limited., Foodchem International Corporation, Shandong Bailong Chuangyuan Bio-Tech Co., Ltd., Henan Tailijie Biotech Co., Ltd, and Rajvi Enterprise Private Limited among others are some of the key players in the global polydextrose market.

• Businesses have been shown to get into arrangements with producers of food and drinks in an effort to increase their sales of polydextrose supplements. Moreover, substantial marketing is anticipated to raise consumer knowledge about polydextrose soluble fiber and hence enhance demand for it in the future.
• In 2017, Tate & Lyle Company updated its production line and increased production levels at its STA-LITE® Polydextrose factory in China,. This facility in Nantong currently has a capacity that is almost three times greater than it had earlier.

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Market Segments Covered in Polydextrose Industry Analysis

By Form :

• Powder Form
• Liquid Form

By End Use :

• Bakery & Confectionery
• Breakfast Cereals
• Snacks & Bars
• Dairy Products
• Desserts & Ice Cream
• Soups, Sauces, & Dressings
• Spreads & Fillings
• Beverages & Dairy Drinks
• Dietary Supplements
• Animal Feed and Pet Food

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The powdered soft drinks market(분말 음료 시장) is estimated to be US$ 12.3 billion in 2023. The market is expected to expand at a CAGR of 3.4% to surpass a valuation of US$ 17.3 billion by 2033.

One of the key trends driving the powdered soft drinks market is the increasing demand for convenience and portability. With busy lifestyles and on-the-go consumption becoming increasingly common, consumers are looking for quick and easy options that can be consumed on the move. A powdered drink mix is ideal as it is lightweight, easy to prepare, and conveniently carried in a backpack or gym bag.

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Demand sustains in the powdered soft drinks industry with a rising focus on health and wellness, given the consequences of obesity. The quest for products with lower sugar content and fewer calories among health-conscious consumers makes sugar-free powdered drink mixes preferable. Additionally, the demand for sugar-free powdered drink mix catches attention as a refreshing beverage and is gaining popularity over traditional soft drinks.

The powdered cola drink mix flavor is also growing, with consumers seeking unique and customizable beverage options. Powdered cola drink mix offers a variety of flavor options, allowing consumers to mix and match flavors to create their custom beverages. This flexibility and variety drive sales in the powdered cola drink mix segment.

Key Takeaways from the Powdered Soft Drinks Market:

• The orange flavor is expected to be the most popular in the global powdered soft drinks industry, with a CAGR of 4.2% from 2023 to 2033.
• Pouches and sachets packaging are gaining traction in the global powdered soft drink market, with a 3.3% CAGR from 2023 to 2033.
• With a CAGR of 5.5% from 2023 to 2033, online stores are expected to be the leading sales channel in the global powdered soft drinks industry.
• During the projection period, the powdered soft drinks industry in the United States is estimated to reach a market size of US$ 3.1 billion at a CAGR of 2.5%.
• With a CAGR of 3.9% throughout the forecast period, China’s powdered soft drink market is predicted to reach a value of US$ 2.0 billion.
• With a CAGR of 4.4% throughout the forecast period, Brazil’s powdered soft drink market is predicted to grow to a value of US$ 1.3 billion.
• India’s powdered soft drinks industry is anticipated to grow at a CAGR of 5.4% to US$ 1.3 billion by the end of the research period.
• With a CAGR of 1.6% over the forecast period, Italy’s powdered soft drink market is anticipated to grow to a value of US$ 650.0 million.

Who is Winning?

The competitive landscape for the Powdered Soft Drinks industry is highly fragmented, with many players operating in the market. Some of the key players in the market are PepsiCo, Inc., Nestle S.A., The Coca-Cola Company, Dr. Pepper Snapple Group, Inc., Mondelez International, Inc., and Kraft Foods Group, Inc. These players are focusing on expanding their product portfolios and improving their distribution networks to gain a competitive advantage in the market.

Many players invest heavily in research and development to introduce new and innovative products. They are also using strategic partnerships, mergers, and acquisitions to strengthen their position in the market. For instance, in 2018, PepsiCo announced the acquisition of SodaStream International Ltd. to expand its product portfolio in the powdered soft drinks market.

Moreover, players focus on sustainable and eco-friendly packaging solutions to appeal to the growing demand for environmentally friendly products. They are also investing in advanced technologies to improve the efficiency and sustainability of their production processes.

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Global Powdered Soft Drinks Market: Segmentation

By Flavor:

• Cola
• Orange
• Lemon
• Mango
• Apple
• Berry
• Mixed Fruit
• Others

By End Use:

• Institutional
• Foodservice/HoReCa
• Household (Retail)

By Sales Channel:

• Hypermarkets/Supermarkets
• Discount Stores
• Mass Grocery Retailers
• Wholesale Club Stores
• Foodservice
• Others

By Packaging:

• Carton Boxes
• Pouches & Sachets
• Cans
• Bulk Packaging

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact US:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global fat-filled milk powder market demand(지방 함유 분유 시장)  is expected to be valued at US$ 5 billion in 2023 and to reach a valuation of US$ 8.8 billion by 2033. The demand for fat-filled milk powder is estimated to grow at a steady 6% CAGR.

The fat-filled milk powder market is being driven by the growing demand for cost-effective dairy alternatives that maintain the same quality as full cream milk powder. The use of vegetable oils in manufacturing fat-filled milk powders makes them a functional alternative. The market is primarily driven by commercial-scale dairy product manufacturers who utilize the powders for the production of curd and yogurt, with the demand for probiotic dairy products further boosting growth.

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However, the increasing awareness of the adverse health effects of excessive fat consumption from dairy products is acting as a key restraint to market growth, with consumers seeking low-fat or fat-free alternatives to prevent health conditions such as obesity and diabetes. In addition, the rising popularity of plant-based dairy alternatives is also impeding the growth of the fat-filled milk powder market. As such, manufacturers must adapt to changing consumer trends and preferences and focus on developing innovative, healthy and sustainable products that meet the needs of consumers.

As per the Agriculture and Horticulture Department Board (AHDB), UK, Europe is one of the leading fat-filled milk powder manufacturers globally, and the region is expected to witness significant growth due to the increasing export of instant fat-filled milk powder to other regions. The rising trend of health-conscious dairy products is fueling the demand for fortified fat-filled milk powders in the region. In contrast, fat-filled milk powder manufacturers are expanding their product portfolio with fat-filled milk powders to cater to the growing demand.

On the other hand, Asia Pacific is expected to exhibit substantial growth attributed to the strong demand for a low-cost alternative to whole milk powder. The flourishing food and beverage industry in the region is responsible for the growth of the market. The increasing demand for affordable milk powders to manufacture products such as cheese, yogurt, and creams for the bakery industry is propelling the growth of the market in Asia Pacific.

Key Takeaways

• The demand for affordable dairy-based ingredients enriched with vitamins and minerals is on the rise.
• Fat-filled milk powder is a suitable alternative to creamy powder and is expected to see significant growth in demand.
• The versatility of fat-filled milk powder makes it an attractive ingredient for a wide range of products in the dairy and bakery industry.
• The growing trend towards health-consciousness is driving the demand for fat-filled milk powder in dairy products such as yogurt.
• Fat-filled milk powder manufacturers are investing in the market and focusing on developing high-protein, nutritional products to meet consumer demand.
• Fat-filled milk powder provides a cost-effective solution without compromising on overall quality.
• The rise in demand for bakery and confectionery products containing protein and vitamins is expected to increase the consumption of instant fat-filled milk powder.

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Competitive Landscape

The competitive landscape in the fat-filled milk powder market is constantly evolving, with established players and startups alike competing for a larger share of the market. With increasing consumer demand for affordable and healthy dairy-based ingredients, there is a growing trend towards innovation and sustainability in the food industry. This has led to a proliferation of startups leveraging technology and innovation to develop niche products and differentiate themselves from established players. Vegetable fat-filled milk powder has also grown in popularity.

This trend towards innovation and competition is expected to drive increased product differentiation and pricing pressure and ultimately benefit consumers by providing a wider range of affordable and high-quality dairy-based ingredients. As a result, established players must continue to invest in research and development and stay ahead of the curve by adapting to changing consumer trends and preferences. Meanwhile, startups must continue to develop innovative products and utilize technology to create a unique value proposition that resonates with consumers.

Key Segments

By Product Type:

• Fat Filled Milk Powder 26%
• Instant Fat Filled Milk Powder 26%
• Fat Filled Milk Powder 28%
• Instant Fat Filled Milk Powder 28%

By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Department Stores
• Specialty Stores
• Online

By End Use:

• Dairy Products
• Bakery Products
• Confectionaries
• Ice Cream
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact US:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The fresh figs market(신선한 무화과 시장) is anticipated to expand its roots at an average CAGR of 5.0% between 2023 and 2033. The market is expected to cross a market share of US$ 2.38 billion by 2033 while it is likely to be valued at US$ 1.45 billion in 2023.

• High demand for organic fruits and vegetables along with the growing awareness around fig’s medicinal qualities are fuelling the market growth.
• The advent of fresh fig syrup and its usage in different beverages, and food items are expanding the fresh figs market size.
• The surging confectionery business is positively affecting the fresh figs market. It is due to the direct application of figs in pastries, bread, and cakes.
• The medicinal qualities of figs help people in dealing with diabetes, heart trouble, and other diseases while boosting the immune system to work effectively.
• Fruit-based businesses producing different forms of figs such as dried, and semi-dried figs are also gaining traction for market growth.
• The market growth is also attributed to the expanding online grocery platforms. These platforms sell organic, farm-to-home fruits and vegetables. Also, Covid-19 has made people habitual in ordering groceries and food items online, reflecting the higher sales of fresh figs in the market

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Key Points

• The United States held 17% of the market share in 2022. The growth is attributed to the higher penetration of e-commerce and online grocery options. Alongside this, the rising awareness among citizens around the health benefits of figs is making a way for the regional market to bloom.
• India, on the other hand, holds the utmost opportunity as it thrives at a very strong CAGR of 27.5% between 2023 and 2033. Indeed, the population has a play in rapid growth. Though, higher production and demand for fresh figs is also due to the use of fig as an alternative medicine.
• The United Kingdom thrives on a CAGR of 3.3% between 2023 and 2033. The growth is attributed to the expanding bakery industry in the region with the usage of fresh fruits in bread, cakes, and other confectionery items.

Competitive Landscape

The competitors are focusing on producing application-specific figs while also keeping fresh figs with faster transportation to retail stores. The fig businesses use syrups to keep the figs fresh and ready to eat. Key competitors and also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players in the market are Hadley Fruit Orchards, Inc., Roland Foods LLC, Meurens Natural S.A., FruitLips, Jiaherb, Inc., Athos Agricola S.A., Earl’s Organic Produce, Alara Agri, Isik Tarim A.S., Valley Fig Growers, Inc., Kirlioglu Figs, Yabanfood, National Raisin Company, and Torres Tropical Fresh B.V.

Recent Market Developments

• Earl’s Organic Produce has introduced different common fig varieties such as black mission, excel, brown turkey, Kadota, and Adriatic. Furthermore, the advanced storage options for concentrating the flavors and sugars.
• National Raisin Company, a producer of dried figs with private-label options. The dried whole black mission figs that are produced are enclosed in the folded, blue food-grade, and taped corrugated box.

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Market Segmentation

Analysis by Nature:

• Organic
• Conventional

Analysis by Variety:

• Smyrna Figs
• Black Figs
• Sari Lop Figs
• Mission Figs
• Kadota Figs
• Others

Analysis by Sales Channel:

• Modern Trade
• Specialty Stores
• e-Retailers
• Grocery Stores
• Wholesale Stores
• Industrial
• Foodservice/HoReCa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

As per the latest market research conducted by FMI, the global sorbitan esters market(소르비탄 에스터 시장) is expected to record a CAGR of 5.6% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 986.40 million. By 2033, the valuation is anticipated to reach US$ 1,703.1 million.

Sorbitan esters are essentially artificial sweeteners created by the condensation of sorbitol with common fatty acids like palmitic, stearic, lauric, and oleic acids. In order to create emulsions, creams, and ointments for use in cosmetic and medicinal products, sorbitan esters are utilized as emulsifying agents. The numerous forms they come in include paste, liquid, semi-solid, and solid.

Demand for sorbitan esters has been subtly increased by the population’s apparent preference for vegan goods. While having a smaller market share than the food industry, the cosmetics sector is predicted to contribute significantly to market growth.

The prevalence of numerous bakeries that emphasize the importance of homemade and organic methods of preparation has fueled market growth. Besides that, bread’s popular appeal across numerous nations has promoted commercial expansion.

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Competitive Background:

The key players operating in the sorbitan esters market are investing in mergers and acquisitions to gain a significant market share. The manufacturers are also investing in research and development and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the sorbitan esters market. As a result, market participants are likely to have a better overall revenue share in the global sorbitan esters market.

Key Takeaways:

• The sorbitan esters market is predicted to record a CAGR of 6% through 2033.
• The FMI predicts that the United States sorbitan esters market is expected to reach a valuation of US$ 346.67 million by 2033.
• The sorbitan esters market is expected to surpass US$ 1,703.1 million by 2033.
• The increasing research and development spending by major firms to create new products is likely to drive the growth of the market.
• The FMI predicts that the United Kingdom sorbitan esters market is expected to reach a valuation of US$ 65.52 million by 2033.
• The sorbitan tristearate segment is expected to hold a dominant share of 8%of the total sorbitan esters market by 2033.
• The sorbitan esters market is anticipated to reach a valuation of US$ 986.40 million in 2023.
• The sorbitan esters market recorded a CAGR of 2% from 2018 to 2022.
• The FMI predicts that the sorbitan esters market in China is expected to reach a valuation of US$ 146.64 million by 2033.
• The food grade segment is expected to record a CAGR of3% CAGR in 2023

Competitive Landscape

In order to diversify their product offerings and cater to a wide range of sorbitan esters applications, prominent firms active in the global sorbitan esters market are investing in research and development. In particular, companies are forming strategic alliances, partnerships, mergers, and acquisitions to improve their distribution networks and increase their production capacity.

For instance:

Domus Chemical S.p.A., a producer of premium specialty esters and emollients, completed the acquisition of the personal care unit in May 2018, according to a statement from Sabo S.p.A.

Significant Players in the Market

• Danisco
• Merck KGaA
• Oleon N.V.
• Ivanhoe industries, Inc.
• Vantage Specialty Chemicals, Inc.
• LEUNA-Tenside GmbH
• Union Derivan
• S.A., Sabo S.p.A.
• SEPPIC
• Ethox Chemicals, LLC
• Mosselman s.a.
• Lonza AG
• Penta Manufacturing Company
• Lasenor Emul, S.L

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Sorbitan Esters Market by Category

By Product Type:

• Sorbitan Tristearate
• Sorbitan Monostearate
• Sorbitan Monooleate
• Sorbitan Trioleate
• Sorbitan Monopalmitate
• Sorbitan Monolaurate
• Sorbitan Sesquioleate

By Application:

• Cosmetics and Personal Care Products
  • Facial Care
  • Body Care
  • Others
• Food and Beverage Processing
  • Confectionery
  • Bakery
  • Oil and Fats
  • Non-alcoholic Beverages
  • Alcoholic Beverages
  • Soups, Sauces, and Gravies
• Pharmaceuticals
• lubricants and Waxes
• Animal Nutrition and Pet Food
• Industrial
• Textiles

By Form:

• Liquid
• Solid/Powder
• Semisolid/Paste

By Grade:

• Food Grade
• Industrial Grade
• Pharmaceutical Grade

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube