Sports Nutrition Market – Global Briefing, Growth Analysis And Opportunities Outlook 2020 To 2031

ESOMAR-certified consulting firm Future Market Insights (FMI) projects sports nutrition market to register an impressive growth through 2021 & beyond. Demand for organic sports nutrition beverages will increase, augmenting the sales in the market.

[260 Pages Report] Newly released Future Market Insights (FMI) analysis projects global demand for sports nutrition market to total US$ 19,302.2 Mn in 2021. As per the report, the overall sales of sports nutrition will reach 737,780 MT in the year.

Rising health awareness will cause the demand healthy and nutritional flavored drinks to increase, spurring the sports nutrition market growth. FMI also predicts the demand in the market to rise at an impressive CAGR of 9.3% during the assessment period (2021 – 2031).

With the emergence of online fitness centers and health classes, sales of sports nutrition energy bars and ready to drink sports beverages have spiked tremendously. Manufacturers are therefore entering into alliances with local and regional fitness centers to capitalize on existing opportunities.

Get Free Sample PDF (including full TOC, Tables, and Figures) of Sports Nutrition Market @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12060

Key Takeaways from FMI’s Sports Nutrition Market Study

  • Trend for veganism and healthy lifestyle among fitness enthusiasts will drive the sales of plant-derived ingredient sports nutrition. This segment is expected to hold maximum share in the global market.
  • In terms of nature, organic segment will exhibit higher growth as compared to conventional backed by the rising demand for natural and organic products
  • For B2C, flavored sports nutrition beverages are expected to remain dominant throughout the forecast period
  • Expansion of online fitness and retail channels will spur the sales of sports nutrition, exceeding a valuation of US$ 64.1 Bn by 2031
  • The U.S. is expected to be the most lucrative market across North America during the assessment period
  • India will emerge as a lucrative market backed by the rising demand for organic sports nutrition products in the country

“Growing prevalence of obesity across the globe is pushing the people to opt for healthy lifestyle. With emergence of online fitness centers and health classes, manufacturers are forging partnerships and alliances with local and regional fitness centers generating lucrative revenues,” says the FMI analyst. 

Competitive Landscape

Nestlé S.A., Red Bull GmbH, Ajinomoto Co., Inc., Keurig Dr. Pepper, Inc., Nutrabolt, GlaxoSmithKline plc., Optimum Nutrition, Inc., Premier Nutrition Corporation, Biothrive Sciences, Nutrabolt, Now Foods, INC Sports Nutrition, Vitaco Health, and Uelzena Group. among others are some prominent players operating in the sports nutrition market.

Sports Nutrition Market by Category

B2B

By Ingredient Type:

  • Plant-Derived Ingredient
    • Soy Protein
    • Rice Protein
    • Pea Protein
    • Potato Protein
  • Animal Derived Ingredient
    • Creatine
    • Milk Protein
    • Whey Protein Concentrates
    • Casein
    • BCAA (Branded Chain Amino Acid)
  • Blends

By Nature:

  • Organic
  • Conventional

By Region:

  • North America
  • Latin America
  • East Asia
  • Europe
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

B2C

By Function:

  • Energizing Products
  • Rehydration
  • Pre-Workout
  • Recovery
  • Weight Management

By Product Form:

  • Ready-To-Drink
  • Energy & Protein Bar
  • Powder
  • Tablets/Capsules

By Flavour:

  • Regular
  • Flavored
    • Fruit Punch
    • Berries
    • Citrus
    • Chocolate
    • Vanilla
    • Others

By Sales Channel:

  • Modern Trade
  • Convenience Store
  • Specialty Store
  • Pharmacy Store
  • Online Retail
  • Other Sales Channel

By Nature:

  • Organic
  • Conventional

By Price Range:

  • Economic
  • Premium

Region

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

Get more Insights Analysis on this Sports Nutrition Market @ https://www.futuremarketinsights.com/ask-question/rep-gb-12060

Key Points Covered in Sports Nutrition Market Study

  • Market estimates and forecast 2021-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Sports nutrition tools market and How to Navigate
  • Recommendation on Key Winning Strategies

Dry Yeast Market Share, Revenue, And Average Price By Manufacturers Shared In A Latest Research Report

According to Future Market Insights, the dry yeast market will expand at 7.0% CAGR from 2020-2030.

Growth is underpinned by rising awareness about the importance of nutrition-enhanced animal foods. As pet ownership rises, consumers are looking for healthier food options. Dry yeast helps achieve this objective. They assist in improving digestion and reduce the risk of diseases.

More recently, veganism has dictated dietary preferences, owing to growing environmental degradation concerns posed due to production of animal-based foods. Additionally, vegan feeds are richer in nutritional content and improve feed quality. This shifting consumer trend is compelling manufacturers to incorporate dry yeast in animal feed production.

Palatability is an important factor while selecting animal feeds. Dry yeast helps in this regard by imparting an umami taste, thereby indulging the sensory experience of animals. Based on these trend, the dry yeast market will experience a major uptick across the aforementioned forecast period.

Download a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-12013

Key Takeaways from FMI’s Dry Yeast Market Report

  • Active dry yeast shall be the most extensively used culture to enhance pet feeds in the forecast period
  • Rising veganism trends are accelerating organic dry yeast usage
  • Global dry yeast market shall surpass US$ 40 Mn by 2020-end
  • Dry yeast market has transitioned from being a niche market to a mainstream market
  • Europe shall emerge as a revenue powerhouse of the dry yeast market, attributed to surging awareness about healthy foods

Dry Yeast Market- Key Trends

  • Rising preference for clean label ingredients by consumers shall underpin dry yeast market growth in the forecast period
  • Humanization of pets is bolstering appetite for high quality and premium pet food options, providing traction to the dry yeast market
  • Blanket ban on antibiotics usage in animal feeds is auguring demand for dry yeast as an effective substitute
  • High prices of yeast-based feeds renders them unaffordable to low and middle-income consumers, restricting growth prospects

Dry Yeast Market- Regional-wise Analysis

  • Europe to spearhead the global growth, with France & Germany being primary revenue generators
  • Rising demand for clean label foods is stimulating the European dry yeast market growth
  • North America accounts for over 1/5th revenue share, exhibiting a CAGR of 6.1% from 2020-2030
  • India accounts for 13% of the total dry yeast usage in animal feeds in the Asia-Pacific market

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-12013

Dry Yeast Market- Competitive Landscape

Prominent players in the dry yeast market include Bellarise, SAF Instant Yeast, ADY, Kerry Group, ADM, Sensient Technologies Corporation, Associated British Foods, Red Star Active Dry Yeast and Titan Biotech Ltd., to name a few. These players are concentrating on introducing new products to enhance their product portfolio.

Titan Biotech, for instance, manufactures the Yeast Extract Powder Type 1 for usage in non-alcohol based foodstuffs. Likewise, ADM Animal Nutrition introduced yeast protein for animals in 2018. Recently, in 2020, it also launched the NutriPass L encapsulated lysine supplement for bovine animals, especially for lactating cows and growing cattle.

Dry Yeast Market Taxonomy

Product Type

  • Active Dry Yeast
  • Inactive Dry Yeast

Form

  • Powder
  • Flakes
  • Tablet Capsule

Base

  • Fortified
  • Unfortified

Nature

  • Organic
  • Conventional

Sales Channel

  • B2B
  • B2C
  • Modern Trade
  • Specialty Stores
  • Convenience Store
  • Online Retail
  • Other Sales Channel

Region/Country

North America

  • U.S
  • Canada

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Europe

  • EU-5
  • BENELUX
  • Russia
  • Poland
  • Rest of Europe

South Asia

  • India
  • Pakistan
  • Sri Lanka

East Asia

  • China
  • Japan
  • South Korea

Oceania

  • Australia
  • New Zealand

Middle East & Africa

  • GCC
  • Turkey
  • South Africa
  • Rest of MEA

Download Segment-wise Analysis@ https://www.futuremarketinsights.com/ask-regional/rep-gb-12013

Get Valuable Insights into the Dry Yeast Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global dry yeast Market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the dry yeast market, allowing readers to glean qualitative and quantitative information which will enable them to take informed market decisions in the upcoming forecast period.

Dry Yeast Market Outlook & Key Findings

  • Dry yeast market is estimated to be grow at a CAGR of 6.9% during the forecast period 2020-2030
  • Pet owners have become increasingly conscious about health & well-being of pets captivating towards organic formulations, unfolding growth opportunities for dry yeast market
  • Increasing demand for vegetarian and vegan pet food in European countries
  • From being product belonging to a niche segment, dry yeast has transitioned to one of the top performing category in the animal feed industry.

Seed Treatment Materials Market High State Of Affairs, SWOT Analysis, Business Summary & Forecast 2031

The global seed treatment materials market size is anticipated to reach US$ 5.81 Bn by the end of 2030. According to a study by Future Market Insights (FMI), the market is expected to rise at a  CAGR of  9.9% between 2020 and 2030.

According to the report, heightened usage of commercial seeds by the farmers and influence on supply side by manufacturers to adopt more sustainable approaches are giving impetus to the seed treatment materials market.

The agriculture industry is exhibiting high demand for naturally grown foods that are free from traces of chemicals and other toxic residues. This will in turn create growth opportunities for the biological seed treatment materials market.

The report provides exhaustive overview of the seed treatment materials market. It covers prevailing trends, analysing growth drivers and potential restraints. The impact of various strategies adopted by the leading market players is studied as well in detail in the report.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11832

It includes in-depth insights into the seed treatment materials market. Some of these are:

  • The estimated value of the market was at US$ 2.2 Bn in 2020
  • North America accounts for a dominant share in the seed treatment materials market.
  • Key players are likely to focus on establishing footprint across developing countries and acquiring small scale businesses to widen their reach in emerging markets
  • Seed treatment formulations to fortify seeds with multiple traits of protection, better yield, and resilience are some of the key strategies of market players

Use of Seed Treatment Materials Ensuring Consistent Income for Farmers

Owing to the changing lifestyles of consumers and emerging food trends, farmers are more inclined to grow high value crops, fruits, and vegetables. This has reduced crop rotation practices that were traditionally used for replenishing nutrients in the soil.

Seed coating materials contain ingredients such as zeolites, rhizobium, polyvinyl alcohol, and others that provide micronutrients and binding properties to seeds through coatings. These micronutrients help seeds to derive essential nutrients from the soil thus improving their overall yield.

The soil can, therefore, abide time to replenish itself with starter fertilizers coated on seeds and additional manure. Besides offering multiple benefits, seed treatment materials help seeds to germinate without completely relying on nutrients present in the soil. This is one of the chief factors duelling the demand for seed treatment materials in the farming community.

“The demand for seed treatment materials is expected to rise amidst the climate change as the treated seeds offer several advantages. Improvement in seed treatment materials can help farmers eliminate the use of pesticides. Using seed polymers and biologicals ensure environmental safety, while fostering cultivation in natural methods. Awareness regarding these benefits will create lucrative prospects for the market,” said a lead analyst at FMI.

Who is Winning?

Some of the key players operating in the seed treatment materials market are Bayer AG, Sumitomo Chemical, Evonik, Corteva Agriscience, Syngenta AG, BASF SE, Eastman Chemical Company, and Clariant Specialty Chemicals.

Due to the increasing competition, manufacturers are focusing on innovative seed formulations and setting up of sales and distribution channels. Besides this, some of the leading companies are focusing on entering into collaborations with regional/local manufacturers in the growing markets.

Market Segmentation

Coating Type :

  • Seed Film Coating
    • Matt Finish
    • Shine
    • Sparkle
  • Seed Encrusting
  • Seed Palleting

Application :

  • Seed Polymers
    • Petrochemical-Based Polymers
    • Biopolymers
  • Binder & Fillers
  • Colourant (dispersed pigment colour)
  • Seed Biologicals
    • Biological Inoculant
    • Biocontrols
    • Pheromones
    • Biostimulants
  • Seed protection
    • Insecticides
    • Thiamethoxam
    • Imidacloprid
    • Carbofuran
    • Other insecticides
  • Fungicides
    • Thiram
    • Carbendazim
    • Tebuconazole
    • Carboxin
    • Other fungicides
    • Other seed protection functions

Form :

  • Powder
  • Liquid

Treatment Method :

  • Chemical seed treatment
  • Non-chemical seed treatment
    • Biological seed treatment
    • Physical seed treatment
  • Hot Water Treatment
  • Dry Heat Treatment

Crop Type :

  • Cereals & Grains
    • Corn
    • Wheat
    • Rice
    • Sorghum
    • Barley
  • Oilseeds & Pulses
    • Soybean
    • Canola
    • Cotton
    • Sunflower
  • Other Crop Types
    • Turfs, forages, and alfalfa
    • Sugar beets & vegetables

Region :

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

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-11832

Seed Treatment Materials Market Outlook & Key Findings

  • FMI forecasts the global seed treatment materials market to exhibit 9.9% CAGR between 2020 and 2030
  • Sustainability practices in agriculture to push adoption, resultantly the underlying opportunity in seed treatment material to increase at least two fold by 2030
  • Online portals and web applications, educating farmers about seeds and plant growth regulations are an extension of growth strategies adopted by market players
  • Certified commercial seeds offer 99% genetic purity hence preferred more by crop growers. Knowledge about the same will fuel demand for seed treatment material
  • Organic trends will enable growth in seed biologicals and polymers segments. Of these, seed polymers are expected to account for higher share in the global market.

Fish Feed Market From 2020-2031: Growth Analysis By Manufacturers, Regions, Types And Applications

Exhibiting a CAGR of ~11%, the global fish feed market is slated for impressive growth between 2020 and 2030. Fish feed manufacturers are continuously driven towards increasing their production capacity by building state of art facilities at their sites to improve the quality and efficacy of their fish feed and boost the species performance and digestibility. Though, subjected to squeezed cash flow, likely Greenfield announcements are on hold and brownfield expansion may resume by the end of next quarter.

The cultivation of newly found species and their increasing applications in the feed industry is are key factors enabling growth in the fish feed market. New aquatic life, which are richer in protein and nutrient content, are gaining popularity as substitutes for older aquatic products. The rising demand for better and effective substitutes will spur the growth in the fish feed market.

The increasing frequency of disease outbreak in the last few years is adversely affecting production of major aquaculture species, including tilapia and shrimp. To contain this and ensure uninterrupted production, businesses will extensively invest in research and development activities. Such initiatives are likely to have positive impact on the overall market.

Get Free Sample PDF (including full TOC, Tables, and Figures) of Fish Feed Market @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11713

The rising demand for organic food will also give impetus to the market. Driven by prevailing market forces, companies are likely to focus on “organic” certification. This is a key trend to look forward to in the fish feed market.

Key Takeaways from the Fish feed Market Study

  • The fish feed market is estimated to be valued at US$ 32.8 Bn in year 2020 and exhibit a CAGR of 11% between 2020 and 2030
  • Among forms, the pellet segment is estimated to be dominant in the global fish feed market, with a revenue share of nearly 50%
  • Currently the fish feed market is led by fish and fish products among product types with share of more than 80%
  •  Nutrition management for special nutritional requirements in fish feed is indispensable for the market players. This tool helps them combat the negative impact of diseases and improve survival rates in fishes.

 “The demand for commercially produced feed, water treatment products, feed additives, fertilizers, and vaccines will increase in the coming years. Recently genetics and animal health products have become more sophisticated. This will aid in the development of feed of desired effect,” said an FMI analyst.  

Fish Feed Market

Market Segmentation

Product Type

  • Plant Based
  • Fish & Fish Products
  • Microorganism

Form

  • Pellet
  • Granules
  • Flakes
  • Sticks
  • Powder

End Use Application

  • Commercial
  • Household

Distribution Channel

  • B2B
  • B2C
    • Store based
    • Online retail

Who is winning?

A few of the companies operating in the fish feed market are Cargill, Inc., Norel SA, Koninklijke DSM N.V., Aller Aqua A/S, BioMar Group, Zeigler Bros., Inc., Archer Daniel Midland, Skretting AS, Nutreco N.V., Biomin Holding GmbH, Dibaq Diproteg SA.

These companies are primarily focusing on developing innovative fish feed products. Besides this, some of them are emphasizing on acquisitions and investment in research and development of advanced technologies to launch novel products. For instance

  • In 2019, Nutreco launched two new fish feed products under the brand Skretting AS in Egypt to increase its market presence in Europe region
  • In 2017, Nutriad NV improved its product range by using advanced formulating techniques NutriTrace into its organic mineral product line to improve its commercial industry standards
  • In 2016, Ridley acquired  Camilleri  to improve its product range
  • In June 2015, ADM released its new fish feed product derived of algae rich in DHA in collaboration with between Bunge Ltd. and terravia

Get more Insights Analysis on this Fish Feed Market @ https://www.futuremarketinsights.com/ask-question/rep-gb-11713

Market Segmentation

Product Type:

  • Plant Based
  • Fish & Fish Products
  • Microorganism

Form:

  • Pellet
  • Granules
  • Flakes
  • Sticks
  • Powder

End Use Application:

  • Commercial
  • Household

Distribution Channel:

  • B2B
  • B2C
    • Store based
    • Online retail

Key Questions Answered in the Report

  • What is Fish feed market size?

The fish feed market is estimated to be valued at USD 112 billion in 2022 and is projected to reach USD 158 billion by 2032, recording a CAGR of 8.0%, in terms of value.

  • At what rate did the Fish feed Market Expand in The Last Five Years?

According to FMI’s study, the Fish feed market grew at 7.6% CAGR between 2017 and 2021.

  • What are the key factors driving Fish feed market demand?

The rising global fish consumption and an increase in processed seafood consumption are due to rising middle-class affluence in developing countries.The limited availability of marine feed resources as there is a growing demand for fish results in the growth of fish farming driving the demand for fish feed.

  • Which Countries Are the Highest consumers of Fish feed?

India, China, Japan, the United States, Brazil are the highest consumers of Fish feed.

  • Which is the Highest-Grossing Region in the Global Fish feed Market?

Asia-pacific region is a leading market share in the global Fish feed market, estimated to account for more than 50% of the overall market in 2022.

Licorice Candy Market (Covid-19) Outbreak: Industry Size, Trends, Scope & Challenges To 2031

Global licorice candy market is projected to grow at a CAGR of ~5.7% between 2020 and 2030. Future Market Insights (FMI) has projected the sales of licorice candies to surge in sync with natural food category. The market is expected to gain an edge with the medical community becoming more absorbent with the holistic benefits of licorice. Spurred by these factors, FMI projects the licorice candy market to surpass US$ 250 Mn by the end of 2020.

These candies are available in different colors and attractive shapes, which are intended to attract consumers. Besides its colorful appearance and interesting shapes, licorice candies are known to ease pain of ulcers. They also help in improving resistance to stress. Awareness regarding a plethora of health benefits of licorice candy will fuel its demand in the near future.

With focus on preventive healthcare rising, healthcare products will be more frequently launched. FMI expects this trend to create favorable growth opportunities for the market.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11711

Key Takeaways from the Licorice Candy Market Study

  • The rising focus on making confectionery items healthier will aid growth in the licorice candy market. In addition to this, attractive packaging of candies will remain a key growth enabler
  • Demand from restaurants and hotels is expected to rise at a higher rate, yet household consumption will account for dominant share
  •  The increasing demand for the sugar-free candy is creating lucrative growth prospects

Rising Demand for Sugar Confectionery Products to Propel Growth

The demand for licorice candies is expected to rise on account of the expansion of the bakery and confectionery segment. Licorice candies are highly preferred by baby boomers and millennial. With the key players offering licorice candy in a wide range of flavors such as strawberry, raspberry and others, a demand uptick is most likely.

Licorice candies are often made from ingredients that have anti –diabetic effect. These ingredients can help in reducing blood sugar, besides possessing anti-inflammatory properties. To make their products more attractive to younger generation, there is immense focus on innovative packing among market players. Spurred by these factors, the licorice candy market will exhibit sustainable growth in the coming years.

“Licorice candy market is gaining traction due to the increasing demand for confectionery goods. In addition to this, rising demand from schools and institutions, restaurant, hotels and other segments, besides household consumption will create favorable opportunities for growth” says an FMI analyst.

Who is winning?

Some of the key players in the licorice candy market are The Old Time Candy Company, Kookaburra Liquorice, Red Vines and Gimbal’s Fine Candy and the emerging competitors are Darrell Lea, AirHeads, Kenny’s Candy Company, Inc., Candy Crate Inc., Switzer’s Authentic American Licorice Company, Sweet Gourmet, The Hershey Company, Candy, Kenny’s Candy, RJ’s Licorice and others.

The key manufactures are focusing on the acquisition of local businesses to expand their footprint and product offering. Besides this, acquisition often allows them to gain competitive advantage.

Some of the recent examples of their expansion strategies are:

  • In December 2019, Jelly Candy acquired the most reputed brand “Scottie Dogs licorice” of Gimbal’s jelly bean Gimbal Brothers, LLC to build its portfolio of confectionery and snack brand.
  • In 2018, The Old Time Candy Company offered licorice candies with different candy gifts such as “ subscription boxes”, “ personalized candy  bar wrappers” “ corporate gifts and others.

Ask More About This Report@ https://www.futuremarketinsights.com/ask-question/rep-gb-11711

Market Segmentation

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

By Product Type

  • Original Black Licorice
  • Fruit Flavored Candy
  • Apple
  • Anise
  • Grape
  • Cinnamon
  • Grape
  • Strawberry
  • Others

By Application

  • Restaurants and Hotels
  • Schools and Institutions
  • Recreational and Sports Centers
  • Household Consumption
  • Others

Packaging

  • Cans
  • Jars
  • Bottles
  • Others

Sales Channel

  • Direct Sales
  • Indirect Sales
  • Modern Trade
  • Convenience Store
  • Departmental Store
  • Online Retailers
  • Traditional Grocery Store
  • Other Channels

Region

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

Licorice Candy Market Outlook & Key Findings

  • Future Market Insights (FMI) projects the global licorice candies market to surpass US$ 250 Mn by 2020 end
  • While traditional licorice lovers are likely to exhibit demand for red and black varieties, newer users desire innovations in flavors, size, and texture
  • Clean label licorice candies are likely to sweep the market. Citing this, FMI projects the licorice candy market to rise at 5.7% CAGR between 2020 and 2030
  • Better acceptance to holistic benefits of licorice candies from medical community and its prescription will give considerable impetus
  • FMI expects entry of established and large F&B companies in the market over the span for next three years

 

Vegan Flavors Market 2020-2031 | Country Level Analysis, Current Trade Size And Future Prospective

The global vegan flavors market size is expected to reach US$ 12.7 Bn by the end of 2030. As per FMI study, the vegan flavors market is expected to exhibit positive growth trajectory at 4.8% CAGR between 2020 and 2030.

The vegan, reducetarian and flexitarian population is rising across the globe because of which manufacturers are preferring the use of vegan flavors in processed, snacks, baked and confectionery food products. They are investing in research and development to foster innovations, which would aid in the expansion of the market.

Increasing awareness regarding health and wellness is encouraging consumers to make healthy lifestyle choices. This trend has put vegan flavors and ingredients under the spotlight. As leading companies scramble to capitalize on this opportunity, the market will witness frequent launch of gluten-free, organic, sugar-free, fat-free, and non GMO products.

The report provides an exhaustive overview of the vegan flavors market. It covers prevailing trends, growth drivers and potential restraints. The impact of various strategies adopted by the key players is studied as well in detail in the report.

“Vegan diet is trending across the globe and manufacturers are capitalizing on this opportunity by offering food products in unique vegan flavors. Key players in the market are also focusing on ascertaining product quality, sustainability of the vegan flavor products, partnership and joint venture to strengthen the supply chain, “said a lead analyst at FMI.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11701

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

  • The estimated value of global vegan flavors market is US$ 7.9 Bn for 2020
  • South Asia poised to offer 1.5X better opportunity prospects in mid to long term forecast period for players in the vegan flavor market
  • Key players are focusing on customizing flavors to increase the sale of their products
  • The unprecedented spread of COVID-19 has rendered consumers more health conscious. This, besides the spread of rumors linking the virus to meat consumption will push consumers in favor of vegan lifestyle. The vegan flavors market is likely to gain momentum as a result of this

Rising Health-Awareness Driving the Vegan Flavors Market Growth

The use of artificial additives and synthetic flavors has been linked to underlying causes of various illnesses. Consumers have therefore become cautious about ingredients used in their food. The scales have inevitably tilted in favor of organic, natural, additive-free, and chemical free food products.

The demand is likely to surge further as consumers consciously choose food to avoid food allergies, poisoning or other side effects. The trend has picked up pace in the last few years and is here to stay. The demand for clean label products has therefore surged.

Consumers are shifting to natural and organic products, as they are more aware about their own and their family’s health and well-being. Growing awareness about the harmful effects of synthetic and chemical additives has made them shift to products containing natural ingredients.

Manufacturers of these products also want to maintain the trust of their consumers, and therefore are maintaining transparency in the ingredients and production processes they use. Many manufacturers also specify the source of procurement of raw materials along with the region that it is procured from.

Due to the growing demand for natural food ingredients, the consumption of plant-based food ingredients is increasing as compared to ingredients derived from animal, seaweed, microbial & fermented and artificial sources. The willingness of consumers to pay a premium price for a natural products has changed dynamics of various markets, and is anticipated to yield positive results for players in the vegan flavors market.

Who is Winning?

Some of the key players operating in the vegan flavors market are International Flavors & Fragrances, Inc., Sensient Technologies Corporation, The Edlong Corporation, Innova Flavors, Flavor Producers, LLC, LorAnn Oils, Symrise AG., Givaudan SA, McCormick & Company, Inc., Döhler Group SE, Kerry Group and other players.

The companies operating in the market are focusing on acquisition, mergers, joint venture and expansion to increase their production capacity, expand their product portfolio and geographical presence. Key players are concentrating on launching unique products withvegan flavors.

  • In July 2019, Symrise AG launched a new production line for liquid flavorings in Russia. It aimed to provide regionally-produced taste solutions for sweet, beverages, and dairy products.
  • In May 2019, Givaudan SA completed the acquisition of the French company Albert Vieille SAS, which has a strong hold on the local market. This acquisition is expected to help the company to enhance its presence in European countries.
  • In 2019, Unilever’s Magnum launched its first ever vegan ice cream in New Zealand. The products are marketed as Magnum Dairy Free.
  • In 2019, Plant Veda launched the world’s first vegan probiotic Lassi in North America. It is available in 5 flavors: mango, saffron cardamom, coffee, vanilla, and turmeric ginger.

Market Segmentation

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

By Form

  • Powder
  • Liquid

By Source

  • Vegetables
  • Fruits & Others
  • Fusion
  • Herbs & Spice

By Application

  • Food Industry
  • Processed Food
  • Dairy
  • Bakery
  • Confectionery
  • Beverage Industry
  • Flavored Drinks
  • Energy Drinks
  • Fruit Juices
  • Pharmaceutical Industry
  • Others

By Region

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

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-11701

Vegan Flavors Market Outlook & Key Findings

  • Future Market Insights (FMI) forecasts optimistic growth for global vegan flavors market and projects a CAGR of 4.8% between 2020 and 2030
  • Demand for plant-based bakery and confectionery products is increasing as consumers are more inclined towards vegan diet and healthy lifestyle
  • More than 80% of vegan flavors produced worldwide in 2019 were derived from fruits
  • In 2019, liquid form of vegan flavour held over 60% production share against other forms
  • Other factors contributing to market’s snowballing growth includes increasing prevalence of lactose intolerance among consumers and a desire to maintain eco-friendly and sustainable food choices

Fish Protein Isolate Market Landscape Assessment By Type, Opportunities And Higher Mortality Rates By 2030

The global fish protein isolate market size is expected to reach US$ 1.1 Bn by 2030. According to a recent study by Future Market Insights (FMI), the market will surge at 7.3% CAGR between 2020 and 2030. According to the report, increasing health awareness and growing preference for processed food/diet with low fat, sugar, and salt content among consumers are factors expected to encourage companies in the food sector to review current marketing practices and adopt new techniques to increase their revenue share in the market.

This report includes in-depth insights into the fish protein isolate market. Some of these are:

  • The estimated value of the market is at US$ 565.7 Mn in 2020
  • Various companies are increasingly entering the fish protein isolate market in Asia Pacific in order to capitalize on the prevailing opportunities in the region
  • Rising consumption of seafood has contributed to  the growth of the fish protein isolate market
  • Additionally, companies are focusing on marketing their fish protein isolate products with clean label certification to attract customers and retain the existing ones.

“The nutritional profile of fish protein isolate is makes it highly desirable for application in various products. Manufacturers are focusing on implementing advance technology in packaging due to which the shelf life of fish protein isolate is improving. Furthermore, they are successfully launching unique products using fish protein isolate, which will create growth opportunities for the market” says an FMI analyst.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11663

Despite Focus on Healthy Eating Habits, Change in Consumption Pattern Due to COVID-19 Outbreak will Impact Growth

Factors such as changing lifestyles and eating habits are expected to fuel the demand for convenience and processed foods. Improving living standards especially in emerging economies, is fuelling the demand for fish protein isolate in the form of capsules or protein bars. Consumption of supplements that contain fish protein isolate is becoming quite popular in Europe and is significantly high among consumers in countries such as the U.S. and Canada.

Globally, the number of COVID-19 patients are increasing rapidly. As the pandemic crosses one grim milestone after another and in the absence of proper treatment or vaccinations consumers are likely to look for immune-boosting options. They demand for products with higher nutritive value and health benefits will rise, creating an environment conducive to the growth of the fish protein isolate market.

Plant-Based Protein Market by Category

By Product Type:

  • Soy Protein
  • Wheat Protein
  • Pea Protein
  • Others

By Form:

  • Isolates
  • Concentrates
  • Hydrolysates

By Nature:

  • Organic
  • Conventional

By Application:

  • Nutritional Products
    • Sports Nutrition
    • Medical Nutrition
    • Infant Nutrition
  • Bakery
  • Snacks & Cereals
  • Dairy
  • Confectionary and Dessert
  • Beverages
  • Animal Feed
  • Others

By Region:

  • North America
  • Latin America
  • East Asia
  • Europe
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

Who is winning?

Few of the leading players operating in the fish protein isolate market are Omega Protein Corporation, Titan Biotech Limited, Peterlabs Holdings Barhad, A. Costantino & C. s.p.a, Sopropeche S.A., Mukka Sea Food Industries Private Limited, Bio-Oregon Protein, Inc., FF Skagen AS, Diana Aqua, TripleNine Group A/S and other players.

These companies are focusing on mergers and acquisition to expand their business footprints and to increase their production capacity. Leading players are investing in research and development to produce innovative products using fish protein isolate.

Get Valuable Insights into Fish Protein Isolate Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global fish protein isolate market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the fish protein isolate market based form (powder and liquid), end user industry food and beverage, pharmaceuticals, cosmetic and personal care, sports and dietary supplements and others) across seven major regions.

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-11663

Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

Phytochemical Market Segmentation By Product Type, End-User, Vendor Analysis, Top-Vendor Offerings 2021-2031

Increasing application of phytochemicals in cosmetics, food & beverages, and pharmaceutical industries is expected to augment sales in the global phytochemicals market over the forecast period.

Driven by rising demand in diverse applications, sales of phytochemicals is expected to surge as 7% CAGR between 2021 and 2031, as per latest insights by Future Market Insights (FMI).

Increasing concern about wellness and skincare is improving the adoption of phytochemicals in the cosmetics sector, which will drive the  market growth over the forecast period. Cosmetic industry giants have launched new skincare products that include phytochemicals as an active ingredient.

Additionally, research on the development of innovative food products and dietary supplements derived from phytochemicals is expected to aid the growth. Key manufacturers are investing more in the development of products derived from plant extracts. Hence, plant compounds such as phytochemicals are in high demand as the need for plant-based foods and products grows.

Furthermore, phytochemicals are increasingly being used to treat cancers of several organs by inhibiting angiogenesis. Hence, adoption of phytochemicals across pharmaceutical, personal care, and other diverse end-use applications will boost sales.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14021  

Key Takeaways from the Phytochemical Market Study:

  • Global phytochemical market is estimated to register a value of US$ 12.9 Bn in 2031.
  • Based on molecule type, flavonoids are expected to register high demand over the forecast period
  • Powder phytochemicals are acquiring immense popularity among manufacturers, expanding at 6.7% CAGR
  • In terms of form type, while powder form holds the largest share, liquid phytochemical type will register fastest growth at 8.8% CAGR between 2021 and 2031
  • In terms of application, animal and nutrition segment will expand with highest CAGR at 13.6% CAGR during the forecast period.

Consumers are increasingly seeking multi-component items that are readily available in the market and provide nutritional value. With rising consumption of dietary supplements and nutraceutical food products, key manufacturers are increasing their production capacity and are aiming for strategic alliance with local and regional food & beverage industry giants,” said a lead analyst at FMI.

Who is Winning?

Phytochemical-infused products are widely available thanks to increased market penetration and the availability of a variety of retail formats. Key players are relying on e-commerce platforms and are focusing on improving their digital marketing skills to boost their sales.

Phytochemical Market by Category

By Molecule Type:

  • Alkaloids
  • Anthocyanins
  • Carotenoids
  • Coumestans
  • Flavon-3-ols
  • Flavonoids
  • Hydroxycinnamic Acids
  • Isoflavones
  • Lignans
  • Others

By Form:

  • Powder
  • Liquid

By Application:

  • Food and Beverages
  • Nutraceutical
  • Pharmaceutical
  • Personal Care and Cosmetics
  • Animal Nutrition
  • Other

Some of the leading companies offering phytochemical are Döhler GmbH, Naturex SA, Kemin Industries Inc, Linnea SA, Sabinsa Corporation, Kothari Phytochemicals & Industries Ltd, Indena SpA, Alkaloids Corporation, Arboris LLC, Allied Biotech Corp., Organic Herb Inc.(OHI), LIPO Foods, Nektium, FYTEXIA, Chr. Hansen Holding A/S, BASF SE, and Others.

Get Valuable Insights into Phytochemical market 

Future Market Insights, in its new offering, provides an unbiased analysis of the phytochemical market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the phytochemical market based on molecule type (alkaloids, anthocyanins, carotenoids, coumestans, flavon-3-ols, flavonoids, hydroxycinnamic acids, isoflavones, lignans, and others), and by form (powder and liquid), by application (food and beverages, nutraceutical, pharmaceutical, personal care and cosmetics, animal nutrition, and others) across seven major regions.

View TOC of Report @ https://www.futuremarketinsights.com/reports/phytochemical-market/table-of-content

Key Questions Answered in the Phytochemical Market Survey

  • What is the current phytochemicals market value?

The phytochemicals market is expected to total US$ 6.5 Bn in 2021.

  • What is the phytochemicals market demand outlook?

Demand for phytochemicals is expected to surge at a CAGR of 7% between 2021 and 2031.

  • What are the key trends shaping the phytochemicals market?

Increasing focus on product innovations by leading market players and growing consumption of plant-based food products will create opportunities for growth of the market and shape its future.

  • At what rate did the demand for phytochemicals rise in the last five years?

The demand for phytochemicals increased at 5.6% CAGR between 2016 and 2020.

  • Who are the top players in the phytochemicals market and what is their market share?

Döhler GmbH, Naturex SA, Linnea SA, Sabinsa Corporation, Indena, BASF, and CHS are the leading companies in the market.

  • What is the North America phytochemicals market outlook?

Demand for phytochemicals will rise at 5.4% CAGR in North America over the assessment period.

  • At what rate will the demand for phytochemicals increase in Europe?

The Europe’s phytochemicals market will expand at 4.1% CAGR between 2021 and 2031.

  • What is the South Korea and Japan market outlook for sales of phytochemicals?

The sales of phytochemicals will increase at 12.3% CAGR and 15.7% CAGR, respectively in Japan and South Korea.

Protease Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2031

Protease, lipase, and phospholipids are examples of enzymes that are acknowledged as alternatives to traditional chemicals and give solutions to problems associated with synthetic chemicals. As per Future Market Insights (FMI), the protease market is projected to rise at 7.8% CAGR, reaching US$ 3.94  Bn through 2031.

As synthetic chemicals used in industrial operations are toxic and can cause environmental hazards. Enzymes generated from plants and microbes, such as sugars and protease, have no detrimental environmental impact because they work under mild settings.

As a result, textile, protein hydrolysis, bread, brewing, dairy, and animal nutrition industries are widely adopting protease which is generated from plants, animals, and microorganisms. To achieve higher yields and cleaner goods, the leather industry has moved to proteases and trypsin instead of lime and sulphides.

As per FMI, amylase and protease are utilized to increase output in bakery and confectionary. Due to growing adoption of protease in bakery, the market is expected to register over 13.9% of sales during the forecast period.

As enzymes can also be utilized to boost the nutritional content of food and feed. Enzymes also reduce water usage, chemical waste, and by-product generation, posing little dangers to individuals and the environment. As a result, they are thought to be cost-effective, safe, and environmentally benign.

Chemically produced products can cause threat to human life and have a negative impact on the environment. The majority of industrial manufacturing enterprises are switching to safer, naturally produced products in place of harmful chemical products.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2057

Key Takeaways from the Protease Market Study:

  • Based on product type, microbial protease emerge dominant, accounting for over 59.0 % total market share in 2021
  • Plant based protease segment will register robust growth at a CAGR of 7.2 % between 2021 to 2031.
  • In terms of end-use application, bakery and confectionary will account for maximum sales during the forecast period. In bakery and confectionary, breads sub-segment will dominate the segment, accounting for over 44.7% of market share.
  • The U.S. is expected to be the most lucrative market on the back of surging consumption of dietary supplements enriched with protein enzyme among millennials
  • Italy and Germany are expected to hold the largest market share across Europe, capturing over 18% and 16% market share, respectively.
  • India is anticipated to spearhead the growth of South Asia’s protease market, followed by Thailand

“Consumers’ demand for more natural products, free from chemical additives is increasing with time. Protease enzymes can be used as a replacement for bi-sulfite, a chemical compound additive. Rapid advances in technology have made new proteases available for the food and beverage industry. This is expected to help in growth of the protease market in the coming years” said a lead analyst at FMI.

Who is Winning?

Key players operating in the market are focusing on new product launches and innovation in protease to cater surging demand from sports nutrition and bakery & confectionary. Manufacturers are also collaborating with pharmaceutical as well as local vendors to expand their customer base.

Some of the leading companies offering protease are Novozymes A/S, Advanced Enzymes Technologies Limited, BASF SE, Royal DSM N.V., E.l. Du Pont de Nemours & Company, Rossari Biotech Limited, AB Enzymes GmbH, Lallemand Inc., Amano Enzymes Inc., Biocatalysts Limited, Creative Enzymes, Nagase & Co., Ltd., Chr Hansen Holding A/S, Jiangsu Boli Bioproducts Co. Ltd., Kemin Industries, Inc, and Others.

Protease Market by Category

By Form:

  • Liquid
  • Powder & Granule

By Product Type:

  • Animal
    • Trypsin
    • Renin
    • Pepsin
    • Others (chymotrypsin, thrombin, elastase, etc.)
  • Plant
    • Papain
    • Keratinases
    • Others (Ficin, Bromelain, etc.)
  • Microbial
    • Alkaline
    • Acid stable
    • Neutral
    • Others (Proteinase K, Peptidase, etc)

By End Use Application:

  • Dairy Products
  • Brewing
  • Meat Products and Processing
  • Bakery & Confectionery
    • Breads
    • Cookies & Crackers
    • Pastries
    • Waffles
    • Other Bakery & Confectionery
  • Baby Food/ Infant Food
  • Oil & Fat Processing
  • Starch and Grain Processing
  • Fruits and Vegetable Processing
  • Cheese Making/ Processing
  • Egg Products
  • Beverages
  • Dietary Supplements
  • Pharmaceutical Products
  • Personal Care Products
  • Animal Nutrition

By Region:

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

View TOC of Report @ https://www.futuremarketinsights.com/reports/protease-market/table-of-content

Key Questions Answered in the Report

  • What is the protease market demand outlook?

As per FMI, the protease market is expected to grow at 7.8% CAGR between 2021 and 2031.

  • At what rate did the demand for protease increase in the last five years?

The demand for protease increased at 6.1% CAGR between 2016 and 2020.

  • Which is the most lucrative market for protease?

North America is leading the protease market, contributing over 27.3% of market share through 2031. In North America, the U.S. is expected to be the most lucrative market of protease, registering growth at 5.2% CAGR.

  • Which are some of the leading companies offering protease?

As per Future Market Insights, Rossari Biotech Limited, AB Enzymes GmbH, Novozymes A/S, BASF SE, E.L. Du Pont de Nemours & Company, Advanced Enzymes, and Nagase & Co. Ltd among others are identified as key players.

  • Which are the key factors supporting the growth of protease market?

Some of the key factors supporting the protease market growth include increased application of protease in bakery & confectionary, dietary supplements, and infant food, and expansion of product portfolio. Additionally, growing demand for clean label and sustainable organic food products is supporting the growth of protease market.

  • What are the key trends shaping the protease market?

Companies operating in the protease market are likely to focus on production of sustainable products with extended shelf life to gain competitive strength.

  • What is driving protease sales in the U.K.?

Increased application of protease in bakery and confectionary will create increasing opportunities for protease sales in the U.K.

  • What is China’s contribution towards protease sales in East Asia?

Over 38.6% of protease sold in East Asia is expected to concentrate in China.

  • What is the outlook for protease sales in South Korea?

South Korea is expected to contribute over 29.6% of protease sales in East Asia.

Galactose Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2031

As per a recent market analysis by Future Market Insights (FMI), demand for galactose is expected to rise at a 5.6% CAGR, with the market valuation projected to reach of US$ 45,112.9 Mn in 2031.

Changes in consumers’ eating habits, along with increasing consumption of ready-to-eat meals due to hectic lifestyle and busy schedules are some trends driving sales of galactose in the food and beverage industry.

Owing to high demand, manufactures operating in the packaged food sector are incorporating galactose as an alternative to chemically processed sugar. In addition to this, expansion of the vegan population, and high focus on wellness-based products will continue fueling sales of galactose over the forecast period.

Rising awareness regarding usage of artificial and synthetic sugar in food and beverages spurring demand for galactose. Consumption of synthetic sugar results in health disorders such as high blood pressure, excessive weight gain, and increased risk of heart related disorders. In response to this, manufacturers are investing in research and development activities to launch plant-derived galactose in the market.

In addition to this, increasing demand for galactose from the personal care industry is anticipated to bode well for the market. Galactose is an exfoliant, which removed dead cells, minimizes pores, and doesn’t increase sun exposure, making it a vital ingredient in skincare products. This trend is anticipated to continue over the forecast period, resulting in high demand for galactose.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13980

Key Takeaways:

  • Crystal type of galactose is estimated to hold over half of the market in 2031.
  • Based on product type, D-Galactose is expected to account for lion’s share of the total galactose sales in 2021.
  • In terms of source, plant-derived sugar is anticipated to command the galactose market share.
  • Sales of galactose in India are projected to rise at a robust 8.1% CAGR over the forecast period.
  • The U.S. is estimated to account for more than 81% of the North America market in 2021.

The U.K. is projected to dominate the Europe galactose market with a market share of 14.8% in 2021.

Galactose Application in Personal Care Industry Creating Opportunities for Market Growth

Galactose has many anti-inflammatory and probiotic properties. These properties make it ideal for inclusion in exfoliating and nourishing skincare products. Galactose belongs to the PHA family of chemical exfoliants, which is a new generation of well-known AHAs and BHAs.

PHAs mildly exfoliate the skin, making them suitable for usage on all skin types.

It can help minimise the appearance of dark spots and hyperpigmentation, and unlike other chemical acids like AHAs, it doesn’t increase sun exposure.  All these factors are leading to a higher application of galactose in the personal care industry.

Competitive Landscape

Some of the leading companies offering galactose are Thermo Fisher Scientific Inc., Merck KGaA, Kyowa Hakko Kirin Co., Ltd., Kyowa Hakko Kirin Co., Ltd., Suven Life Sciences Ltd., Nacalai Tesque Inc., Cayman Chemical Company, Inc., Anhui HeGeng Biotech Engineering Co., LTD., Tereos Starch & Sweeteners s.a.s, Cambridge Isotope Laboratories, Inc., and others.

Key players operating in the global galactose market are focusing on reaching a large consumer base by targeting emerging countries such as China, India, and Brazil. As a part of their growth strategies, players are investing in research and development to launch innovative plant-derived galactose products. Besides this, mergers, acquisitions, and strategic collaborations are expected to aid market players in expanding their global footprint over the forecast period. For instance:

  • In March 2018, Kyowa Kirin Asia Pacific Pte. Ltd. announced the establishment of its Australian subsidiary, known as Kyowa Kirin Australia Pty. Ltd. With this establishment, the company aims to launch Kyowa Hakko Kirin’s products in the country.

Market Segments Covered in Galactose Industry Analysis

By Source:

  • Plant Derived Sugar
  • Synthetic Sugar

By Product Type:

  • D-Galactose
  • L-Galactose

By Form:

  • Powder
  • Liquid
  • Crystal

By End-Use:

  • Food
    • Bakery Goods
    • Sweet Spreads
    • Confectionary
    • Dairy Products
    • Canned Food
  • Beverage
    • Carbonated Drinks
    • Fruit Drink and Juice
    • Powdered Drinks and Mixers
    • Alcoholic Beverages
  • Pharmaceuticals
  • Personal Care
  • Biofuel Industry
  • Animal Feed Industry

Region:

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Oceania
  • Japan
  • Middle East & Africa

Ask More About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-13980

FAQs the Study Answers

  • What is the current value of the global galactose market?

The global galactose market is anticipated to reach US$ 26.1 Bn in 2021.

  • At what rate did the global galactose market grow between 2016 and 2020?

The global galactose market expanded at a 4.6% CAGR between 2016 and 2020.

  • What are the key trends boosting galactose sales?

Increasing demand for RTD/RTE products, along with increasing preference towards product transparency are driving sales of galactose.

  • Which are the major countries driving demand for galactose?

The U.S., the U.K., China, Japan and Canada are the major countries driving demand for galactose.

  • What will be the demand outlook for North America galactose market?

The North America galactose market is projected to grow at a 4.1% CAGR through 2031.

  • What will be the galactose market share in Europe?

The galactose market in Europe is anticipated to expand at a 4.9% CAGR over the forecast period.

  • What is Japan’s contribution towards global galactose market?

Japan is expected to account for over 5% of sales in the global market.