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Future Market Insights delivers key insights on the global processed superfruits market in a new publication titled, “Processed Superfruits Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026”. In terms of value, the global processed superfruits market is projected to register a healthy CAGR of 5.9% during the forecast period. In this report, Future Market Insights analyses the factors and trends impacting the growth of the global processed superfruits market.

According to Future Market Insights analysts, significant demand for superfruits based antioxidants is expected to drive the growth of the global processed superfruits market during the forecast period. An increasing demand for ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages is further likely to boost overall growth of the global processed superfruits market. The global processed superfruits market is also driven by several other factors such as increasing demand for antioxidants, rising income levels in emerging economies, substantial demand for multi-use food ingredients in the food and beverage industry, and increased awareness of the nutritional attributes of superfruits. The multiple uses of superfruits as natural food colouring, natural food flavouring, and other purposes besides dietary food and functional ingredients is another key driver for the global processed superfruits market growth.

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However, high costs associated with the production, processing, and preservation of processed superfruits and a lack of consistency in terms of superfruits flavour is likely to pose challenges and restrict the growth of the global processed superfruits market over the forecast period.

“Consumers are increasingly inclined towards natural food products due to various health issues associated with artificial additives and ingredients in food processing. This preference for natural food products globally is expected to fuel the demand for processed superfruits in the food and beverages industry.” – Analyst – Food & Beverages, Future Market Insights

Segmentation highlights

The global processed superfruits market is segmented on the basis of Form (Liquid, Frozen, Powder, Canned) and Application (Food, Beverages, Cosmetics).

• The Powder form segment is anticipated to reach a market valuation of US$ 49.42 Bn by the end of 2026 and is likely to register a CAGR of 8% during the forecast period. The Liquid form segment is expected to account for 25.5% market share of the global processed superfruits market by the end of 2016
• The Beverages application segment is estimated to be valued at US$ 26.39 Bn by the end of 2016. The Food application segment is expected to hold a market value share of 30.8% by the end of 2016

Regional market projections

The global processed superfruits market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. The Latin America and APEJ processed superfruits markets are expected to register high growth rates between 2016 and 2026 in terms of value. In terms of volume, the North America market is expected to reach 4,943,563 tons by the end of 2026, registering a volume CAGR of 4.7% during the forecast period. Latin America is anticipated to represent absolute $ opportunity of US$ 224.5 Mn in 2016 over 2015. The APEJ processed superfruits market accounted for US$ 6,475.1 Mn in 2015 and is expected to increase to US$ 6,809.5 Mn by the end of 2016, reflecting a growth rate of 5.2%. The Japan region is anticipated to reach 867,546 tons in terms of volume by the end of 2026, witnessing a volume CAGR of 4.4% during the forecast period.

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Vendor insights

The global processed superfruits market report profiles some of the leading players operating in the global processed superfruits market. Companies featured in the report are Symrise AG, SunOpta Inc., Kerry Group plc, Agrana Beteiligungs-AG, Del Monte Pacific Limited, Ocean Spray Cranberry Inc., PepsiCo, Inc., Dabur India Ltd., Uren Food Group Limited, and Frutarom Industries Ltd. Top companies dominating the global processed superfruits market are focussing on diversifying their product portfolio and expanding their businesses in emerging markets through strategic mergers and acquisitions.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Witnessing robust expansion at nearly 7% CAGR during 2019 – 2026, the heart health functional food market in Asia Pacific (APAC) will be driven by growing demand for specific health products, inclination towards foods that promote a healthy lifestyle, and increasing focus on prevention rather than cure. A recent survey by Future Market Insights (FMI) reveals that consumers are increasingly turning to food products that are responsible for promoting sleep, improving mood, boosting energy levels, maintaining heart health, and aiding in weight management.

The growing demand for food with added benefits, especially for heart health functional food, has created a high potential for manufacturers of heart health food in the Asia-Pacific market. Companies are launching new omega-3-based ingredients as well as products that target the heart health functional food market.

Key Takeaways – Heart Health Functional Food Market Study

• The willingness of consumers to experiment with new products and the consumers’ trust in the traditional source of advertising are factors that play an essential role in the growth of the heart health functional food market.
  • In Indonesia, traditional marketing strategy, apart from television advertisements, has a high impact on sales. Indonesians easily trust word-of-mouth and suggestions from sales and marketing persons, friends, relatives, and from other marketing messages. All of these factors directly influence consumers to buy new products, thus boosting the growth of the heart health functional food market in the country.
• Related government bodies across the region are introducing and enforcing new laws regarding the consumption of heart health functional food products, especially those fortified with omega-3. This creates opportunities for heart health functional food manufacturers to introduce new custom products that take into account the needs of the target audience.
  • According to the Ministry of Health, Labor, and Welfare in Japan, adults between 18 to 29 years must consume 1.8 grams to 2.1 grams of total omega 3 per day. The growing demand for omega-three among millennials has created lucrative opportunities in the Asia-Pacific heart health functional food market.
• Japan is seen as a highly profitable market for manufacturers of heart health functional food worldwide. As per the report by Japan Health Food & Nutrition Food Association (JHFNA) in 2010, 65% people between 35-55 years were aware of FOSHU (Food for Specified Health Uses) products, and 22 percent of them are using the functional health products regularly.
  • In 2013, FOSHU policy approved 8 FOSHU products under its category of health claim, which is beneficial for controlling blood cholesterol levels, body fat, blood pressure, blood glucose, etc.

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In the past five years, consumers have become more attentive towards maintaining their health and are showing preference for heart health functional food products. In 2018, the consumption of heart health functional foods in Thailand witnessed tremendous growth, with an average increase of 7-15% in comparison to that in the past five years. This was majorly the result of regulations on health claim and clean labeling.

Plant sterol and soy protein would remain among the highly favored ingredients in heart health functional market in APAC, attributing to high consumer preference for vegetarian products. While the former is derived from fruits, vegetables, seeds, and grains, the latter is gaining traction owing to its affordability and accessibility to manufacturers.

Know More About Heart Health Functional Food Market Study

Future Market Insights, in its new offering, offers an unbiased analysis of the global heart health functional food market, presenting historical demand data (2014 – 2018), and forecast statistics for the period, 2019 – 2026. The study divulges compelling insights on the heart health functional food market based on type; the market is segmented into breakfast cereals, dairy products, nutritional bars, edible oils, and others (eggs & wine). Growth of the heart health functional food market is driven by a rising inclination towards natural ingredient-based specific functional food products as well as heart health drink fusions in the dairy products segment. Based on distribution channels, the heart health functional food market is segmented into supermarkets, hypermarkets, departmental stores, and grocer/retailers.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The global maltodextrin market is projected to remain steady, exhibiting a CAGR of 3.7% between 2019 and 2029. The demand for cosmetics and personal care products is rising around the world. In the last few years, research and development initiatives in the cosmetic industry have resulted in the launch of new and innovative products. Maltodextrin plays an important role as an additive in many of these new launches. This indicates the rising use of maltodextrin over the years in the cosmetic and personal care industry.

The maltodextrin market has been recording a moderate growth rate and is likely to upkeep its pace during the forecast period. Among the other market trends that our analysts have found, an increasing number of applications of maltodextrin is anticipated to drive the growth. Besides the use of maltodextrin in food and beverages for improving the texture, it has been finding its use in baby food as well.

Since there is a growth in dual working households, it is expected that demand for nutrition-rich infant food and meals is going to proportionately increase during the forecast period. In addition, maltodextrin has also been used for sports nutrition. As maltodextrin is a fast-digesting carbohydrate, it is finding its use in sports drinks and snacks for sportsperson.

Other than sports, cosmetic, chemicals, and pharmaceuticals are some other end-use areas, creating a demand for maltodextrin. Several studies have found that maltodextrin can be used as a regular panacea for the treatment of hypoglycemia. In such a condition, maltodextrin has a property to quickly raise the blood sugar level.

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Key Takeaways from the Maltodextrin Market Study

• Among various application segments, the usage of maltodextrin in the food and beverage industry 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 maltodextrin has remained stable in the food & beverages industry.
• Technological advancements in the production of maltodextrin encapsulated products, properties such as high-temperature tolerance, low moisture, high solubility, and bland flavor make maltodextrin a preferred wall material for encapsulation of various fats, oils and food acids.
• Since there is a high production of maltodextrin from corn starch, leading manufacturers are now focusing on improving their efforts to find other sources of maltodextrin in order to make sure the product is readily available to its target customers in the required quantity.
• Manufacturers are adopting innovative technologies in the product offering to meet consumers’ demands. Manufacturers with their brand names are introducing a variety of maltodextrin that can be utilized across diverse industries for various purposes. Tate & Lyle provides MALTOSWEET ® which is a combination of maltodextrins and Dried Glucose Syrups that is used in various food products.
• The  use of the internet, blogs and social media to access available information about various chemicals and ingredients is increasing. It is a consumer-driven trend since they are getting increasingly worried about the effects of ingredients present in food and cosmetic products. This is  changing a consumer’s buying pattern and behaviour. Which positively affect the growing demand of natural ingredients in the food and beverage industry.

The increasing demand for GMO-free starches in baby food and infant formula due to consumers’ inclination towards organic and natural food for their kids is creating growth opportunities for the market. Major players in the U.S. baby and infant formula market such Abbott, Nestlé, and Mead Johnson Nutrition were repeatedly petitioned to remove GMO ingredients from their respective baby food products. This showcases the growing demand of maltodextrin in baby food product as it is considered to be a good source of energy for baby. It also helps in balance intestinal osmolarity which may get altered by intestinal disorders in infants. Therefore this factor is anticipated to drive the maltodextrin market over the forecast period.

“Over the past few years an increasing number of consumers are steadily looking for food with healthier, trustworthy, and plant-based ingredients. This has made manufacturers shift towards the natural ingredients to cater to the growing demand. Impelled by the scenario, key players are focusing on research and development to find another natural source for maltodextrin.” says an FMI analyst.

Who is winning?

Some of the key players operating in the maltodextrin market ADM, Kraft, Luzhou, Matsutani, Mengzhou Jinyumi, Nowamyl, Ingredion Incorporated, Qinhuangdao Lihuang, Roquette Freres SA, Tate & Lyle Plc, Tereos Syral, Archer Daniels Midland Company, WGC, Xiwang, Zhuchen Runsheng, Zhucheng Dongxiao, Zhucheng Dongxiao Biotechnology Co., Ltd.,  Zhucheng Xingmao, Grain Processing Corporation, Gulshan Polyols Ltd., and Henan Feitian.

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

• On December 12, 2018- A global leader in plant-based ingredients for food, health and nutrition markets, Roquette has completed its acquisition of a majority share in Crest Cellulose, from Pravesha Industries, which is one of the major pharma packaging company in India.
• On November 2, 2015- Archer Daniels Midland Company (ADM) announced that it has completed the purchase of certain assets of Eaststarch C.V. Now ADM is the owner of Eaststarch’s corn wet mills in Bulgaria and Turkey and owns 50% share in a wet mill in Hungary.

Get Valuable Insights into Maltodextrin Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global maltodextrin market, presenting historical demand data (2014-2018) and forecast statistics for the period from 2019-2029. The study divulges compelling insights on the maltodextrin market based on the nature (organic and conventional maltodextrin), based on source (Corn, wheat, potato, cassava, and rice) based on form (Spray-Dried Powder and “Instantized”/Agglomerated) and based on application (food & beverages, cosmetics & personal care, pharmaceuticals, and chemical) across seven major regions.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The APAC savoury ingredients market is projected to register a healthy CAGR of 5.8% during a 10-year period 2016–2026. In a new report titled “Savoury Ingredients Market: APAC Industry Analysis and Opportunity Assessment 2016-2026”, Future Market Insights analyses the market for savoury ingredients in major countries in the APAC region and offers key insights on the factors and trends influencing the market.

The APAC savoury ingredients market is impacted by several factors including increasing adoption of savoury flavours, rising preference and demand for hydrolysed protein-based meat products, a growing inclination towards convenience food, and an awareness of the usage of yeast extracts in lieu of salt, which provide the same taste while ensuring a reduced sodium content at the same time.

A growing demand for instant food such as noodles and sauces containing savoury ingredients is expected to drive growth of the food application segment in markets across the globe. Also, an increasing application of hydrolysed vegetable protein in food products to cater to demands from health conscious consumers is a major factor expected to drive market growth. However, stringent government regulations on the use of monosodium glutamate may hamper the growth of the APAC savoury ingredients market.

Companies in the APAC region are showing a growing preference towards natural savoury flavours and ingredients over artificial flavours. Several companies are also adopting yeast extract in food, which imparts a salty and savoury flavour and reduces bitterness.

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Segmentation-wise market forecast

Segment	Market forecast
By Type  Yeast Extract Monosodium Glutamate Hydrolysed Vegetable Protein Hydrolysed Animal Protein Nucleotides and Others	The monosodium glutamate segment is estimated to account for 32.7% value share in 2016. This segment is expected to remain dominant and is anticipated to account for 38.0% market share by the end of 2026
By Form  Liquid Powder Paste	The powder segment is estimated to account for 62.7% value share in 2016 and is expected to account for 67.2% value share in 2026
By Application  Food Dips and Soups Instant Noodles & Sauces Meat & Seafood Bakery Products & Savoury Snacks Pet Food Others	The food application segment is estimated to account for 64.7% value share in 2016. This segment is expected to remain dominant and is anticipated to account for 68.4% value share during the forecast period

China is the fastest growing market followed by markets in the ASEAN countries. The market in China is estimated to represent the highest value share of 35.1% in 2016 and is expected to register a CAGR of 6.6% in terms of revenue over the forecast period. The ASEAN market is likely to represent 25.4% value share by the end of 2016 and is anticipated to register the second-highest CAGR of 6.5% in terms of value over the forecast period. The savoury ingredients market in India is expected to expand at a CAGR of 5.9% over the forecast period. The Japan savoury ingredients market is expected to grow at a CAGR of 4.5% over the forecast period.

Leading market players

Leading companies operating in the APAC savoury ingredients market include

• Angel Yeast Co. Ltd.
• AB Mauri Food Inc.
• Ajinomoto Co. Inc.
• FOODCHEM International Corporation
• The Fufeng Group
• Halcyon Proteins
• Sensient Technologies Corporation
• Royal DSM, Lesaffre (Biospringer)
• and ABF Ingredients (Ohly).

View TOC Of This Report @ https://www.futuremarketinsights.com/reports/apac-savoury-ingredients-market/table-of-content

Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

In line with increasing incorporation into a variety of fortified F&B products such as fresh produce, packaged foods, dairy products, and functional beverages, functional food ingredients continue to solidify their position in the industry. Ascending sales of healthy or functional drinks is particularly benefiting the growth of functional food ingredients market in Asia Pacific (APAC). Set to surpass the value of US$ 3.5 Bn by 2019 end, APAC functional food ingredients market will witness a robust CAGR during 2019 – 2029.

The digestive system is responsible for the absorption of vitamins and minerals from food and nutritional supplements. Therefore, maintaining the health of the digestive system plays a significant role in ensuring optimum nutrient intake, and in preventing deficiencies. Furthermore, immune cells are also concentrated in the gut region, and the presence of healthy microbiota is necessary for the body.

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Key Takeaways – Functional Food Ingredients Market Study

• Growing popularity of omega-3 as a supplement in the Asia Pacific region is expected to boost the growth of the functional food ingredients market, particularly in the spreadable fats and oils food products segment.
  • ASEAN is ranked as the seventh-largest economy in APAC, and consumers in this region are more inclined towards intake of nutritional food products that offer various health benefits.
• Multinational companies manufacturing functional food ingredients are taking initiatives to tackle nutritional deficiencies. Companies such as Nestlé and Unilever have started food fortification to add both macro and micronutrients in their food products.
  • Nestlé S.A. started fortification of its products such as cereals to target deficiencies in specific global markets. By 2016, the company fortified 200 billion servings of food and beverages, worldwide, while partnering with the HarvestPlus program (bio fortification) and agricultural research partners in India.
  • Unilever PLC partnered with the World Food Program to launch ‘Together for Child Vitality’, an initiative to improve the nutrition and health of school-aged children. Unilever PLC fortifies products such as spreads, seasonings, porridges, and bouillons, which are affordable and easily accessible.
• Japan is perceived as a highly profitable market for manufacturers of functional food ingredients worldwide.
  • In 2017-18, 8-10% of Japanese population was diabetic, which created significant opportunities for manufacturers of functional food ingredients to target this demographic by offering products to mitigate the impact of diabetes.

Manufacturers of functional food ingredients are focused on catering to regional or domestic requirements. In India, omega-3, which is normally a non-vegetarian-derived product, has been developed from vegetarian variants such as flaxseed oil and algae. Food and beverage companies are also prioritizing R&D investments to enhance their product offerings with multifunctional nutritional profiles.

Consumer inclination towards preventive healthcare remains the key booster to growth of functional food ingredients market in APAC. A new research study of Future Market Insights (FMI) states that growing demand for natural functional food ingredients has been a remarkable trend that would further shape the sales of prebiotic ingredients. This is likely to be among the key factors influencing market growth in APAC.

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Know More About Report Inclusions

Future Market Insights, in its new offering, provides an unbiased analysis of the global functional food ingredients market, presenting functional food ingredients historical demand data (2014 – 2018), and functional food ingredients forecast statistics for the period of 2019 – 2029. The study divulges compelling insights on the functional food ingredients market based on ingredient type (minerals, vitamins, probiotics, prebiotic & dietary fiber, proteins, carotenoids, and omega-3 fatty acids), based on application (beverages, dairy & products, and bakery & confectionery).

Functional Food Ingredients Market Structure Analysis

• The functional food ingredients market is a fragmented market, and key players hold small shares in the market. This is a result of the different types of functional food ingredients manufactured by separate manufacturers. However, key players in the functional food ingredients market have a wide global presence.
• Established players in the APAC functional food ingredients market are expanding their production facilities, and are focusing on product innovation, which creates an intensely competitive landscape.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Surpassing global market revenues of US$ 850 Mn in 2019, sales of floral flavours will see momentous growth over the course of following years. During 2019 – 2027, global floral flavour market is poised for a CAGR of over 7%, as projected by a new Future Market Insights (FMI) study.

The floral flavour market is anticipated to grow at a moderate pace during the forecast period. As per the data found by our analysts, the increasing proclivity of consumers towards purchasing clean-label goods is likely to lead to an uptick in the demand for the naturally-sourced ingredients that floral flavours are.

Consumers are showing an aversion towards artificial flavourings while resonating with colour-enhancing and flavour-inducing natural and organic floral flavour. As a result, the demand for these flavours is likely to grow during the forecast period. Owing to this demand, the focus of manufacturers is on the development of floral products that are free from chemicals as well as artificial flavourings.

Consumers are showing interest in unconventional and authentic flavours in their food and beverage products offering unique mouthfeel. The number of products containing floral flavours has increased multifold from 2015-2018, as they account for a sensorial effect and deliver novel and interesting taste experiences to consumers.

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Key Takeaways – Floral Flavour Market Study

• Consumers seek products that have their roots in a pre-industrialized food system that is centered around whole, natural, and unrefined ingredients. Floral flavours match the growing consumer’s interests in authenticity of their products. Thus, floral flavours are witnessing a surge in demand.
• In 2019, Firmenich SA, a privately-owned flavour and fragrance company, declared hibiscus as the Flavour of the Year, based on the increasing appeal of usage of hibiscus in food and drinks. Hibiscus is gaining traction in the flora flavour industry due to its appealing attributes, like the pleasant aroma coupled with a touch of tangy profile.
• Besides, the hibiscus-based floral flavour is gaining popularity in applications such as beer, yogurt, chocolates, and tea, especially in the United States, Mexico, Brazil, and Denmark, with growth also taking place in Italy and Spain.
• Beverages sector contributes more than half of the total floral flavour market share. Floral flavours are appearing in revitalizing, healthy product launches. Lavender, rose, jasmine, elderflower, and hibiscus flavours are witnessing significant demand, predominantly for use in soft drinks.
• Frequent new launches in the alcoholic beverages category are progressively featuring floral flavours to gain greater consumer traction and achieve marketing differentiation.
• Europe and North America will be significant in the global floral flavours market over the forecast period. The demand for floral flavours has especially impacted the European flavour industry.

Consumers are increasingly looking for healthier, authentic, and natural-tasting infused beverages, fusion drinks, and floral-infused RTD coffee. Thus, new entrants seeking to establish their position in the floral flavours market must focus their efforts on the beverage industry.

Botanicals Trending Floral Flavour Space

New floral flavours are emerging to witness increasing demand from the food and beverage industry. With an increasing assortment of floral flavoured mixers and edible flowers, food and beverage manufacturers are experimenting with amalgamation of floral flavours to eventually create unique recipes. The increase witnessed in manufacturers’ investments into floral flavours is indicative of the fact that the botanical flavour trend is here to stay in the long run.

Europe Remains Important Market for Investors

European markets are rapidly witnessing new product launches featuring infused floral flavours in vast products ranging from chocolates, snacks, yogurts, beverages, and many more. In the United Kingdom, Rowntree released fruit and flower-infused pastilles, whereas, in Germany, Alpro launched orange blossom-flavoured apricot soy yogurt. Fermè, an Italian fruit supplier company, launched vegan cheese with fermented cashews preparation, infused with flowers and herbs in the U.K.

Manufacturers Augmenting R&D Investments to Develop Application-specific Flavours

Key players operating in the flavour industry are investing more in research and development activities to upscale their floral flavour production capacity and to provide consumers with unique blends of floral flavours. Flavour manufacturers are strengthening their partnership with end-user industries to meet the growing demand for innovation in food and drink offerings.

• In April 2016, Givaudan S.A., a leading flavour manufacturing company in Switzerland invested US$ 126Mn to open an innovation center in Switzerland.
• In July 2016, Takasago International Corporation invested towards a new development center for flavours and fragrances in Mexico, to enhance its product portfolio and presence in Latin America.

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Know More About What the Report Covers

Future Market Insights, in its new offering, provides an unbiased analysis of the global floral flavours market, presenting historical demand data (2016-2018) and forecast statistics for the period from 2019-2027. The study divulges compelling insights on the floral flavours market based on the raw material (hibiscus, lavender, neroli/orange flower, rose, elderflower, jasmine, cherry blossom, chamomile, and violette), end-use (food- dairy, bakery, confectionaries, snacks, fats and oils, and beverages- alcoholic beverages and non-alcoholic beverages), and product type (natural, organic, and artificial) across seven major regions.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Rising consumer awareness about the high nutritive value of diastatic malt extract will continue to drive the growth of Europe malt extract market Increasing health awareness and rising consumer demand for traditional foods will also influence demand. However, non-availability of substitutes and shortage of malt owing to increasing usage in breweries can impede demand. These insights are according to a new research report by Future Market Insights.

The key trends influencing the Europe malt extract market include,

• Increasing preference for gluten-free bakery products: Concerns about rising obesity levels is prompting consumers in Europe to opt for gluten-free bakery products. Gluten-free malt extract is used as a colouring and sweetening agent in a variety of products. Owing to this, it is expected that demand for malt extracts will witness steady growth during the period 2016-2026.
• Government regulation on additive-free products: The industry-wide focus on additive-free products has led to increased demand for malt extracts, as these reduce the need of adding synthetic flavours, resulting in extended shelf life of products.
• Marketing aligned with ‘health and wellness’: Manufacturers are focusing on selling the ‘health and wellness’ attributes of malt extracts, by creating relevant marketing campaigns.
• Preference for sugar-free label products: Non-diastatic malt extracts naturally convert to sugar, reducing the need for addition of sugar. Owing to these factors, demand for malt extracts is expected to witness an increase during 2016-2026.

A Highly Fragmented Market 

Top three players – Group Soufflet, VIVESCIA Industries, and Cargill Incorporated – account for over 28% volume share of the Europe malt extract market. The Europe malt extract market remains quite fragmented fifteen players accounting for nearly 72% volume share. Both established and emerging players are focusing on increasing their production capacity and acquisition of niche players to boost their market position.

The Europe malt extract market was valued at US$ 7.53 billion in 2016. Future Market Insights projects it to grow at 5.6% CAGR during the forecast period 2016-2026, reaching US$ 12.94 billion in revenues.

Barley Remains the Largest Source 

Barley remains the largest source for malt extracts, accounting for nearly 75% revenue share of the market in 2016. In 2016, this segment was valued at US$ 5.63 billion; in terms of volume, demand for barley was worth nearly 9 million tonnes in 2016. Wheat remained the second largest source, followed by rice and rye.

Dry Malt Extracts Continue to Witness Higher Demand

Malt extracts are available in dry and liquid form, with the former accounting for bulk of demand. Demand for dry malt extracts will continue to remain higher than liquid variants throughout the forecast period. While dry malt extract volume is projected to grow at 4.6% CAGR, demand for liquid malt extracts will grow at 3.9% CAGR.

Standard Outsells Speciality 

Future Market Insights has also segmented the Europe malt extract market on the basis of product type into standard and specialty. The standard segment accounted for over 77% revenue share of the market in 2016; this is expected to decrease to 76% by the end of forecast period.

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Beverages Largest Application Segment 

Beverages continue to remain the largest application segment of malt extracts. This segment held 48% revenue share of the market in 2016. Bakery and confectionary remain the other key application segments.

Western Europe Accounts for Bulk of the Demand 

Demand for malt extracts is concentrated in Western Europe, owing to the presence of a large number of manufacturers. Future Market Insights projects Western Europe to remain the dominant region for malt extracts during the forecast period.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Key excerpts from Future Market Insights’ latest report on the global asparagus market project that by the end of 2027, around 10,300,521.7 metric tonnes (MT) of asparagus will be consumed across the globe. The sales of 10 million MT of asparagus are estimated to bring in revenues worth over US$ 37 Bn. Rising awareness among consumers regarding benefits of consuming asparagus is expected to instrument the growth in global consumption. By helping consumers boost their immunity, enhance brain function, and at certain extent, fight cancer, asparagus will continue to be an essential vegetable rich in nutrients.

Asparagus is actively sought by major companies as a key ingredient in soups on account of its nutritive properties and palatable taste. Asparagus is widely predicted to become the primary choice in the soup manufacturing industry as many companies already make soup with asparagus and this is only expected to grow in the future.

In terms of production, China is expected to remain the world’s largest asparagus producer throughout the forecast period, 2017-2027. In 2014, China recorded production of half a million metric tonnes of asparagus. China’s contribution to the asparagus market in Asia-Pacific will remain significant. However, brimming demand for asparagus makes Western Europe the largest market, procuring over 40% share of global revenues. North America is also expected to be at the forefront of expansion of the global asparagus market, recording consumption of nearly 2 million MT of asparagus by 2016-end.

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Key Segments Covered

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Japan

By Type

• Fresh
• Canned
• Frozen

By Colour

• White
• Green

In spite of ample production and growing awareness regarding benefits of asparagus, the market is poised to grow at a moderate place. In terms of volume, the market is projected to showcase a 2.2% CAGR, while global asparagus revenues are projected to soar sluggishly at 3.1% CAGR during the forecast period. The report, titled “Asparagus Market: Global Industry Analysis and Opportunity Assessment, 2017-2027,” has identifies key restraints for the growth of global asparagus sales, which include:

• Farmers Opting for Direct Marketing – Farmers cultivating asparagus sell their produce by themselves, through traditional village bazaars and roadside outlets. Large and small restaurants as well as common consumers are also preferring to purchase this farm-fresh asparagus through direct marketing of farmers. This practice is impacting the global asparagus sales, but at a moderate extent.
• High Costs for Processing & Storage of Asparagus – The most crucial inhibitor for growth of global asparagus sales is the need for higher capital investment in storage and processing of asparagus. Cost of packaging, cooling and transportation is relatively high, which reduces the price per pound of asparagus. Reduction in price per pound further leads to monetary losses for manufacturers. Processed asparagus, such as asparagus in brine, soups, mixed vegetable products etc., being sold at higher cost price, is expected to result in lower uptake among some sections of consumers in the world.

Leading manufacturers of asparagus include: Altar Produce LLC, Sociedad Agrícola Virú, DanPer Trujillo S.A.C., Limgroup B.V., TEBOZA BV, THIERMANN SPAGEL FARM, ILIOS – The Greek Asparagus Company, BEJO SEEDS LTD., Spargelhof Elsholz Gbr, Cutter Asparagus Seed, JERSEY ASPARAGUS FARMS, INC., Consorzio Associazione Produttori Ortofrutticoli Foggia, Mazzoni Vivai, and California Asparagus Seed and Transplants, Inc.

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Additional Highlights from the Report –

• By the end of 2017, the report estimates that over 8.2 million MT of asparagus will consumed globally, raking in US$ 27.7 Bn revenues
• Towards the end of 2027, over three-fourth of global revenues will be accounted by sales of fresh asparagus
• Likewise, green asparagus will also hold 75% share of global revenues throughout the forecast period, registering revenue growth at 3.3% CAGR

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

T

he IQF vegetables market report offer insights into drivers and restrains impacting the overall growth trajectory. Focus on healthy eating coupled with demand for shelf-stable food will remain chief growth drivers. In order to offer executive-level blueprint, the report also segments the market in terms of type and application.

As per a study by FMI, the global IQF vegetables market is expected to reach a valuation of US$ 1,560.1 Mn in 2021. It also is forecast to exhibit a CAGR of 4.5% during the forecast period of 2021 to 2031.

According to FMI, growth prospects for the market remain positive owing to the improvements in global food supply chain infrastructure. The global IQF vegetables market rose at 2.8% during its historical period of 2016 to 2020. IQF potato products are expected to emerge as top selling product category and account for 20% of the global market in 2021.

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Advancement of technology to preserve food has encouraged key players to expand their product portfolio. As demand for convenient food is on the rise, sales prospects for IQF vegetables will improve.

Consumers are increasingly demanding simple, hygienic vegetable products that can aid in reducing conventional hassles of slicing and cleaning fresh vegetables. As increasing number of people are focusing on better food quality, key players in the IQF market have lucrative opportunities to capitalize on.

Demand for IQF vegetables is increasing as consumers are seeking food with superior nutritional value, flavor, and quality. However, the market is expected to face restrains owing to lack of strong distribution network and supply chain.

North America is expected to lead the global IQF vegetables market due to immaculacy of vegetable supply chains in Canada and the U.S. The market in this region is expected to further expand owing to the availability of farm-fresh vegetables across numerous retail outlets in Canada and the U.S.

“Innovations in the freezing technologies such as introduction of IQF freezing and cold store freezing is gaining momentum. This will offer attractive opportunities for key players in the global market to capitalize on. Besides this, availability of advanced technologies also will help them expand their overall product portfolio,” says a FMI analyst.

Key Takeaways

• Demand in food product will increase in the coming years. FMI projects this category to account for a share of 73% in the market by 2031.
• Potato is the most preferred vegetable type and it is expected to hold 23.4% of the market in 2021. The segment is expected to grow at a CAGR of 4.2% through 2031 as is it one of the most staple food across the globe.
• The U.K market is expected to register growth at 2.7% CAGR in terms of value for 2021 to 2031 and contribute over 10% to the Europe vegetable market in 2031.
• Japan is expected to account for 5.5% market share in terms of value in 2021. Presence of some of the leading private labels will continue fuelling demand in the market.
• The France IQF vegetables market is expected to account for 14.8% of the Europe market by 2031. The diverse and sophisticated retail distribution system will continue supporting expansion in France.

Key Drivers

• Decline of traditional family meals and rising prevalence of single-portion products due to active and nuclear family lifestyle are expected to boost demand for IQF vegetables.
• IQF vegetables are rising in popularity as they are known as convenient and healthy source of processed food. They are widely used in meals and as complimentary food.
• The ability to preserve nutrients, texture, and taste of vegetables for a long period of time is a major factor bolstering adoption of IQF vegetables.

Key Restrains

• Outbreak of COVID-19 in low-and middle-income countries has negatively impacted the sales of IQF vegetables.
• Risk of pathogen such as listeria monocytogenes bacteria is expected to hinder market growth as buyer are concerned about the infection and potential side effects.

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Competitive Landscape

The global IQF vegetables market is gaining from recent technological advancements.  Players are investing in research and development activities to expand their product portfolio and consumer base.

For instance, Turkey-based Fine Food acquired Buhler’s SORTEX FA series machines to expand its production capacity while focusing attention on distribution and export requirements.

In March 2021, REMS Frozen Foods was unveiled. The company is all set to import frozen food ingredients that are IQF specialized in Eastern Europe, Egypt, the U.S., Spain, and China.

The key players operating in the global IQF vegetables market as profiled by FMI are:

• B&G Foods Holdings Corp.
• Capricorn Food Products India Ltd
• ConAgra Foods, Inc
• Dole Food Co.
• Greenyard NV
• J.R. Simplot Co.
• Kerry Group Plc.
• Pinnacle Foods, Inc.
• SunOpta Inc.
• Uren Food Group Limited

More Insights on the IQF Vegetables Market:

FMI provides an unbiased analysis of the IQF vegetables market, presenting historical demand data (2016-2020) and forecast statistics for the forecast period from 2021-2031. The study divulges compelling insights on the global IQF vegetables market with a detailed segmentation on the basis of:

Type

• Beans
• Peas
• Corn and Baby Corn
• Broccoli and Cauliflower
• Potato
• Onion
• Tomato
• Carrot

Application

• Food
  • Bakery, Confectionary & Snack Food
  • Dairy & Dessert
  • Cooking food
  • Ready to Eat Food
  • Beverage
• Juice
  • Other Non-alcoholic Beverages
  • Concentrate

Region

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

Key Questions Covered in the IQF Vegetables Market Report

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

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

In a recent study, Future Market Insights (FMI) offers a perspective on the growth trajectory of dietary fibres market for the period between 2019 and 2029. As per the report, global consumption volume of dietary fibres reached 1.8 metric tons in 2018, equaling revenues worth ~US$ 7 Bn. Gains will remain driven by increasing consumer awareness regarding the benefits of dietary fibres along with food manufacturers engaging in fibrous NPDs (new product developments).

As healthcare professionals continue to encourage fibre intake as a key to improving long-term health, market players are significantly paying attention to value-added offerings. Big brand companies as well as small high-tech startups are rigorously exploring the potential of dietary fibres in their products, which is likely to promise new beginnings for the market stakeholders.

Consumers, leading fast-paced lives, have started to keep an eye on dietary recommendations, resulting in a move towards proactive healthcare and lifestyles. As consumers are becoming food explorers and newer trends are emerging at rapid pace, FMI’s analysis infers that the dietary fibres market players are placing betting on R&D investments and new product launches.

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Fibre intake has been alarmingly low in various regions, resulting into population-wide deficiency – known as ‘fibre gap’. As science behind dietary fibres expands, this ingredient has been witnessing renewed interest from young consumers for weight management benefits, while aging consumers tend to seek digestive health benefits.

Stakeholders Leverage White Spaces to Drive Sales Opportunities

According to the FMI study, the dietary fibres market is likely to grow at CAGR of ~10% during the predefined timeframe. Obesity, diabetes, and other lifestyle diseases are on the rise, especially in developed regions, and as a result consumers are increasingly becoming health conscious and spending on high nutritional products. The study opines that a rise in consumer preference for maintaining a healthy diet and regulating body weight will provide a strong business outlook for the market players.

Use of soluble dietary fibres has been confined in functional F&B industry as a highly nutritive ingredient, while stakeholders are focused on identifying and leveraging the white spaces in their application, which range from pet food to cosmetics. Capabilities of corn fibre as an effective fibre source for pets, lignin as an emulsifier and efficient substitute for whole eggs in bakery products, pectin in food processing, and beta-glucan in cosmetic production are increasingly being explored. As the market continues to benefit from consumer shift towards plant-based ingredients and sugar substitutes, stakeholders are further exploring new sources of dietary fibres, apart from cereals & grains and fruits & vegetables.

As per the study, dietary fibres market players continue to witness growth opportunities in developed markets – Europe and North America, which collectively account for ~60% revenue share. In addition to increasing consumer spending on products with high nutritional value, government agencies in the regions are undertaking awareness campaigns to bring due attention towards the need for maintaining a balanced diet, thereby creating a high demand for dietary fibres. Market stakeholders are further eyeing on newer opportunities in Asia Pacific, particularly in countries such as China, Japan and South Korea, on the back of a notable trend for healthier eating.

FMI’s study identifies restraints that could possibly represent a threat to the lucrative stride of dietary fibres market. Research studies have found that excessive consumption of dietary fibres and their addition in processed foods can have adverse effects on human health, which may add to reluctance of consumers to adopt such ingredients.

The study opines that dietary fibres market is on an upward swing with increasing number of small players entering into the space with new product offerings that align with consumers’ trends. Leading players continue to put emphasis on filling the fibre gap through R&D activities and product innovations.

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Dietary Fibers Market – Key Research Findings

1. The global dietary fibers market size in 2018 was ~US$ 7 Bn.
2. The dietary fibers market is expected to grow at a CAGR of ~10% during the forecast period 2019-2029.
3. The rising demand for organic and natural food ingredients in the food fibers market from consumers is expected to propel the demand for dietary fibers in the forecast period 2019-2029.
   • Collectively, East Asia and Europe are expected to account for major revenue share in the dietary fibers industry, by the end of 2029.
   • East Asia is expected to account for the major consumption of dietary fibers in the forecast period due to the changing dietary patterns observed in the population.
4. The increasing applications of dietary fibers in multiple industries are generating more demand for dietary fibers.
   • Many cosmetic industry players are focusing on the utilization of dietary fibre in the production of cosmetics. For example, beta-glucan can be used in anti-wrinkle and anti-inflammatory cosmetics.
   • Increasing health-consciousness of people and their demand for health supplements is expected to increase the consumption of dietary fibers in the health supplements industry.

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.