Choline Supplement Market to Reach USD 1.37 Billion by 2034: 8.4% CAGR Driven by Health Awareness and Preventive Care

Choline Supplement Market
Choline Supplement Market

As per Future Market Insights’ latest report, the global choline supplement market value is estimated to reach US$ 612.0 million in 2024. Global sales of choline supplements are set to rise at 8.4% CAGR, totaling a valuation of US$ 1,367.9 million by 2034.

Choline bitartrate supplement demand is forecast to surge at 8.2% CAGR, making it the top revenue-generation ingredient type category. This can be attributed to higher bioavailability, stability, and cost-effectiveness of choline bitartrate.

Several factors are providing impetus for the growth of the choline supplement industry. These include growing awareness of the health benefits of choline, escalating demand for brain health supplements, and a spike in brain and liver diseases.

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Choline supplements are gaining wider popularity due to their brain and liver health-promoting capabilities. These supplements contain choline, which plays a key role in various bodily functions. This nutrient is essential for brain development, metabolism, and muscle control.

Increasing spending on choline supplements due to their potential health benefits will continue to fuel sales growth. Consumers across the world are increasingly consuming choline supplements to boost brain health, enhance athletic performance, improve cognitive functions, and support liver health.

Growing demand for brain health supplements, spurred by an aging population and growing incidence of neurological disorders, is positively impacting sales growth. Similarly, a spike in liver diseases like non-alcoholic fatty liver disease and surging interest in fortified foods will boost market growth.

Escalating consumer demand for gluten-free supplements and rising interest in clean-label supplements derived from natural sources such as sunflower are emerging trends in the market. Another prominent factor impacting sales growth is the surging demand for choline supplements during pregnancy.

Key Takeaways from the Market Study

  • The global choline supplement market is estimated to be valued at US$ 1,367.9 million by 2034.
  • Based on form, the capsules segment is set to account for a market share of 5% in 2034.
  • By ingredient type, choline bitartrate demand is forecast to rise at 2% CAGR.
  • Based on claim, the non-GMO segment will hold a market share of around 8% by 2034.
  • Sales in the United States are estimated to total US$ 277.5 million in 2034.
  • Choline supplement demand in Germany is anticipated to grow at 7% CAGR through 2034.

“The choline supplement industry is witnessing robust growth, spurred by increasing demand for cognitive health products. Strategic marketing and innovation will be key for industry players to capitalize on emerging opportunities,” says a lead analyst at Future Market Insights (FMI).

Who is Winning?

Key choline supplement manufacturers and suppliers are focusing on developing novel solutions for targeted individuals seeking cognitive enhancement and other benefits. They are marketing their supplements to people interested in health and wellness.

Several players are using celebrity endorsements and social media platforms to promote their products and increase their customer base. They are also employing strategies like partnerships, acquisitions, mergers, distribution agreements, and collaborations to stay ahead of the competition.

Recent Development:

  • In January 2020, Balchem Corporation introduced the new PuraChol line of branded choline products.

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Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global choline supplement industry presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the global choline supplement market based on ingredient type (choline bitartrate, phosphatidylcholine, citicoline, alpha-GPC, choline chloride), claim (non-GMO, GMO, vegan, gluten-free), sales channel (store-based retailing and online retailing), form (capsule, powders, liquid), & region.

Therapeutic Diet for Pets Market to Reach $744.5 Million by 2034: Key Trends and 4.0% CAGR Forecast | FMI

Therapeutic Diet for Pet Market
Therapeutic Diet for Pet Market

The global therapeutic diet for pet market is experiencing significant growth, with a projected CAGR of 4.0% from 2024 to 2034. Valued at USD 502.4 million in 2024, the market is expected to reach USD 744.5 million by 2034. Rising pet ownership rates and increasing consumer spending on personalized pet health solutions are driving market growth.

Pet owners worldwide are seeking personalized nutrition solutions for their pets, leading to a surge in demand for therapeutic diets tailored to individual pet health needs, preferences, and dietary restrictions. Ongoing research in pet nutrition, ingredient technology developments, and product formulations are also fueling market growth.

Growing Factors:

  • Rising awareness of pet health issues and the importance of preventive healthcare.
  • Increasing spending on veterinary care and premium pet products, including therapeutic diets.
  • Growing pet ownership rates, particularly in regions like the United States and Europe.
  • Expansion of e-commerce platforms, facilitating easy access to specialized pet food products.

Investors in the B2B industry growth sector can capitalize on the flourishing therapeutic diet for pet market. With a projected CAGR of 4.0% and a forecasted value of USD 744.5 million by 2034, strategic investments in research and development, product innovation, and distribution channels can drive significant returns.

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Key Takeaways:

  • The global therapeutic diet for pet market is experiencing robust growth, driven by rising pet ownership rates and increasing consumer spending on pet healthcare.
  • Strategic investments in research and development, product innovation, and distribution channels are essential for market players to capitalize on growth opportunities.
  • Leading manufacturers focus on creating personalized pet food solutions tailored to individual health needs, supported by ongoing research and development efforts.

Business Growth Headlines:

  • Therapeutic Pet Diet Market Set to Reach USD 744.5 Million by 2034, Investors Anticipate Growth Opportunities
  • Investors Alert: Therapeutic Diet for Pet Sector Gains Momentum with 4.0% CAGR Projection
  • Unlocking Potential: Therapeutic Diet Market Surges, Forecasted to Exceed Expectations

Key Market Trends:

  • Personalized Pet Food: Increasing demand for personalized pet food solutions tailored to specific health conditions and nutritional needs.
  • E-commerce Growth: Surge in online pet food sales, driven by convenience and access to a wide range of products.
  • Rising Pet Ownership: Growing pet ownership rates globally, particularly in regions like the United States and Europe.
  • Focus on Preventive Healthcare: Pet owners increasingly prioritize preventive healthcare, driving demand for therapeutic diets to address common pet health issues.

Regional Analysis:

  • United States: Expected to lead the market with a CAGR of 5.1%, driven by rising pet ownership rates and increasing spending on pet healthcare.
  • United Kingdom: Projected to grow at a CAGR of 4.3%, fueled by a growing emphasis on pet health and well-being.
  • Germany: Anticipated to experience growth with a CAGR of 4.0%, supported by investments in research and development.
  • China: Growing pet ownership rates and rising spending on veterinary care contribute to market growth, with a CAGR of 3.8%.
  • India: Maturing extensively with a CAGR of 3.5%, driven by increasing awareness of pet health issues and rising disposable income.

Competitive Landscape in Pet Therapeutic Diet Market

Hill’s, Purina, Royal Canin, Blue Buffalo, Orijen, Nature’s Variety, Wellness, Ziwi, Solid Gold, Taste of the Wild, and Virbac are the key manufacturers of therapeutic diets for pets. Increasing demand for therapeutic diets for the pet market among consumers has convinced manufacturers to invest heavily in the research & development of innovative and new variations of products.

Recent Developments:

  • In 2018, Cargill Inc., a United States-based company, acquired Pro-Pet, an Ohio-based manufacturer of private-label and co-manufactured pet foods, including premium dog food brand Black Gold.
  • In April 2023, Mars Incorporated, a United States-based company, opened its first pet food research and development center in Asia Pacific.
  • In March 2023, United States-based Hill’s Pet Nutrition, a subsidiary of Colgate-Palmolive Company, introduced a new line of prescription diets to aid pets with cancer.

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Key Companies Profiled

  • Hill’s
  • Purina
  • Royal Canin
  • Blue Buffalo
  • Orijen
  • Nature’s Variety
  • Wellness
  • Ziwi
  • Solid Gold
  • Taste of the Wild
  • Virbac

Market Segmentation of Therapeutic Pet Diets

By Age Group:

  • Cat
    • Kitten
    • Adult
    • Senior
  • Dog
    • Puppy
    • Adult
    • Senior

By Health Condition:

  • Kidney Disease
  • Weight Management Problems
  • Arthritis and Other Orthopedic Conditions
  • Skin and/or Coat Health Problems
  • Oncology Support
  • Food Allergies
  • Diabetes and Other Endocrine Disorders
  • Gastrointestinal Issues
  • Liver Disease
  • Periodontal Disease/ Oral Health
  • Cognitive Health

By Distribution Channel:

  • Offline
  • Online

By Region:

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

About Future Market Insights (FMI)

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

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Surging Demand: Almond Products Market to Surge to USD 15.25 Billion by 2033

Almond products Market
Almond products Market

The almond product market is predicted to develop at an impressive 6.3% CAGR from 2023 to 2033, exceeding the lower 2.5% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in the use and demand of almond products in the market, increasing the market value from US$ 8,2628 billion in 2023 to US$ 15,2484 billion by 2033.

The market for almond products is expanding as a result of the increasing number of almond-based product launches by rival companies, particularly in the food and beverage sector. The market for almond products is expanding profitably due to several causes, including the rising demand for almond products brought on by customers’ preferences for gluten-free and plant-based goods and companies’ promotion of the nut ingredient sector.

The market for almond products is expanding as consumers desire more goods with good nutrition and for their health. This demand is being driven by nations like Germany, the United States, and the United Kingdom, which have aging populations and a high prevalence of obesity. The increased risk of chronic diseases, greater health awareness, and altering lifestyles are significant market growth drivers.

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 Key Takeaways

  • India’s almond product market is going to exhibit a remarkable CAGR of 26.1% by 2033, demonstrating significant growth in demand for almonds within the country
  • Steady growth in almond consumption is going to be witnessed in the United Kingdom by 2033, with a CAGR of 3.6%
  • China has a compound annual growth rate of 4.5%, according to the 2022 global market.
  • Australia’s almond product market has gradually increased almond consumption, with a CAGR of 2.9% from the 2022 forecast.
  • Japan has experienced a CAGR of 5.6% from the 2022 Global market forecast. This has shown a healthy increase in growth rate.

Competitive landscape

Global corporations with broad distribution networks and well-known brands, including Blue Diamond Growers, Olam International, and Wonderful Pistachios & Almonds LLC, hold sizable market shares. Targeting retail customers and the food service industry, these businesses provide almond products, including whole almonds, almond butter, almond milk, and almond flour.

New product introductions and ongoing product innovation define the market. Companies spend money on R&D to create new formulas, flavors, and textures for their almond products. They also adapt to changing nutritional trends, including vegan, plant-based, and allergen-free options, to appeal to a broader customer base.

Partnerships and collaborations between almond product manufacturers, retailers, food service providers, and internet platforms further alter the competitive environment. These partnerships aid in widening distribution networks, raising brand awareness, and reaching new customer demographics.

Recent developments:

  • The Butternut Co., India’s first manufacturer of energy balls and nutritious nut butter, recently added almond butter to its retail selection. Since the company’s start, it has produced a variety of nut butter that have become common grocery items. The Butternut Co. launched a new line of natural nut butter in response to the desire for an equally delectable but healthier sweet substitute.
  • Almond milk is one of the popular plant-based libations produced by Califia Farms. They have released various cutting-edge almond-based items, including yogurts made with almonds and flavored almond milk. Additionally, Califia Farms purchases its almonds from ethical growers to emphasize sustainability and uses eco-friendly packaging materials.

Some of the key players in the almond products market are:

  • Archer Daniels Midland Company
  • Olam International Limited
  • Barry Callebaut Group
  • Repute Foods Pvt Ltd
  • Treehouse California Almonds
  • Blue Diamond Growers
  • The Wonderful Company
  • John B. Sanfilippo & Son
  • Borges Agricultural & Industrial Nuts
  • Savencia SA
  • Kanegrade Limited
  • Modern Ingredients
  • Royal Nut Company
  • Döhler GmbH

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Key Segments of the Almond Products Market

By Type:

  • Almond Milk
  • Whole Almond
  • Almond Paste
  • Almond Pieces
  • Almond Flour
  • Others

By Application:

  • Confectionery
  • Bakery
  • Sweet and Savory Snacks
  • Nut & Seed butter
  • Dairy
  • Confectionery
  • RTE Cereals
  • Milk substitutes & ice creams

By Distribution Channel:

  • Departmental Stores
  • Food & beverage manufacturers/suppliers
  • Online Retail

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa
  • Europe

About Future Market Insights (FMI)

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

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Black Tea Extracts Market to Hit USD 217.6 Million by 2033: Driving Factors and 4.7% CAGR Forecast | FMI Study

Black Tea Extracts Market
Black Tea Extracts Market

The black tea extracts market is expected to grow from US$ 137.5 million in 2023 to US$ 217.6 million by 2033, with a CAGR of 4.7% from 2023 to 2033.

There is a major shift in increased demand for natural and functional components in the black tea extracts market. As it has grabbed the attention of health-conscious consumers owing to its exceptional health advantages and adaptability. With its presumably health-promoting effects, rich taste and black tea extract provide a beneficial component for a range of applications.

Black tea extract is being incorporated into a variety of products, including drinks, confections, health supplements, and personal care items, as consumer tastes continue to expand. This adaptation displays black tea extract as a sought-after item in a continually increasing market.

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Market Opportunities

The global black tea extract market is expected to expand at a CAGR of 4.7% from 2023 to 2033. The growth of the market is due to the rising demand for black tea extract in the food & beverage, cosmetics, and pharmaceutical fields. Black tea extract is utilized in a number of items in various sectors, such as energy drinks, functional beverages, confectionary, anti-aging creams, shampoos, sunscreens, nutritional supplements, weight reduction products, and anti-diabetic medications.

The increasing need for organic and herbal elements in these products is driving the rapid growth of the black tea extract market. The Asia Pacific area will likely be the greatest black tea extract market in the future. This is owing to the rising demand for black tea in the area and the significant number of tea processing enterprises in the region.

Key Takeaways

  • The black tea extracts sector expanded at a CAGR of 4.7% from 2023 to 2033.
  • By 2033, the black tea extracts market is projected to expand to a value of US $217.6 million.
  • In 2022, the United States dominated the black tea extracts market with a share of 8.4%.
  • In 2022, Germany expanded significantly in the black tea extracts market business, with a share of 3.9%.
  • Japan emerged as a dominant player in the black tea extracts market in 2022, securing a substantial 4.4% market share.

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Competitors Winning Strategies
A variety of effective techniques are being used by businesses in the black tea extract industry to achieve a competitive advantage and grow their market share. Strategies include developing new products, expanding distribution networks, boosting brand recognition, and emphasizing sustainability.

Businesses are expanding into new areas, investing in research and development, and creating fresh partnerships. Companies in the black tea extract sector may continue expanding and be successful in the years to come by putting these strategies into practice.

Recent Developments:

  • Increasing popularity of natural ingredients: Black tea extract is a naturally occurring substance. Hence the rising need for natural ingredients is increasing demand for black tea extract.
  • Growing awareness of the health benefits of black tea extract: Black tea extract is an outstanding supplier of antioxidants, which could potentially guard against harm to cells and long-term health conditions. It is also a rich source of caffeine, which could help increase awareness and ability to think.
  • Development of new and innovative black tea extract products: The black tea extract industry is continually expanding, and new and novel products are always being produced.
  • Growing use of black tea extract in dietary supplements: Black tea extract is also being utilized in a number of nutritional supplements, such as loss products, diabetes medications, and nutritional supplements for overall wellness and health.

What key players are doing in Black Tea Extracts Market?

  • Synthite Industries: Synthite Industries is a significant provider of natural products, especially black tea extract. It also invests in research and development to find new beneficial effects of black tea extract and create fresh goods that focus on these advantages.
  • Martin Bauer Group: Martin Bauer Group is a significant provider of natural substances, especially black tea extract. It also invests in research and development to find new health advantages of black tea extract and create new products that focus on these advantages.
  • James Finlay Limited: James Finlay Company is a tea manufacturing firm that makes black tea extract.  It additionally broadens the ways it distributes to reach a larger spectrum of clients.
  • Amax NutraSource, Inc.: Amax NutraSource, Inc. is a food supplement firm that makes black tea extraction products. It also concentrates on product innovation and producing new black tea extract products that satisfy the demands of customers.
  • Phyto Life Sciences P. Ltd.: Phyto Life Sciences P. Ltd. is an Indian firm that develops black tea extract products. It also concentrates on extending its distribution channels to serve a larger spectrum of clients.

About Future Market Insights (FMI)

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

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Instant Tea Premix Market to Reach USD 2.89 Billion by 2034: Insights on 4.1% CAGR and Growth Drivers

Instant Tea Premix Market
Instant Tea Premix Market

The food and beverage analysts at Future Market Insights came to a valuation of US$ 1,943.50 million by 2024 to be gained by the market. A surge in tea culture will further propel the instant tea premix market size to a US$ 2,893.4 million valuation by 2034.

Tea, and that too, portable tea, has to be everyone’s favorite. Ginger, cardamom, lemon, masala, or plain, consumers are rapidly gravitating towards instant tea premixes. This trend has aided the demand for these premixes to gain a 4.1% CAGR from 2024 to 2034.

Increasing interest of consumers in health-benefitting, low-calorie RTD (ready-to-drink) beverages is expected to provide an impetus to growth of the instant tea premixes market. In the coming years, the rise in demand for slimming tea and herbal tea is expected to fuel new trends in the instant tea premixes market.

Furthermore, leading players are also focusing on introducing instant tea premixes with no added sugar by discovering natural sweeteners that can satiate consumers’ need for health-benefitting properties of their products.

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Market Competition

As per the Future Market Insights instant tea premix market forecast, market players employ various tactics to boost revenue. They are investing in research and development to create new flavors and formulas that cater to a wide range of consumer preferences for instant tea premix flavors. Companies use conventional retail channels and e commerce platforms to extend their distribution networks and reach a wider range of consumers.

Leading instant tea premix brands are concentrating their branding and marketing efforts to set themselves apart from the competition and foster consumer loyalty. This will help boost sales and profitability in the market.

The key players in this market include:

  • Keurig Green Mountain Inc.
  • Ito En Ltd.
  • Suntory Beverage & Food Ltd.
  • The Republic of Tea Inc.
  • Starbucks Corp.
  • Ajinomoto General Foods Inc.
  • The Coca Cola Company
  • Vending Updates India Pvt. Ltd.
  • Dunkin Brands Group Inc.
  • PepsiCo Inc.
  • Monster Beverage Company
  • C. B. Shah & Co. (Tweak)
  • Wagh Bakri Tea Group
  • Girnar Food & Beverages Pvt. Ltd.
  • Unilever (Lipton)

Key Developments

  • In 2023, ‘Honest Tea’ is the first tea beverage Coca Cola India hashas launched into the ready to drink market.
  • Honest, a division of the Coca Cola Company, owns the brand.
  • The product’s organic green tea will come from the Makaibari Tea Estate of Luxmi Tea Co Private Ltd, a company in West Bengal, India.
  • The launch aimed to provide customers with more beverage alternatives, which would be available in mango and lemon tulsi varieties.

Factors Influencing Growth of the Instant Tea Premixes Market

Evolution in Standardization and Quality Evaluation of Instant Tea Premixes

Consumers are turning to instant tea premixes for the convenience of consumption and the health-benefitting potential of instant herbal tea. Thereby, leading players in the instant tea premixes market as well as researchers and regulatory bodies are introducing efficient ways of standardizing the formulation of such products commercially available in the market.

Increasing consciousness about consumers’ health and wellness is encouraging market players to sync with the standards of formulation and sensory attributes of instant tea premixes. Ongoing advancements in standardization and evaluation methods are expected to influence emerging trends in the instant tea premixes market, in the coming years.

Instant Tea Premixes Becoming an Integral Part of Consumers’ Travel Essentials

Owing to the ease and convenience of consumption offered by instant tea premixes, consumers are resorting to this option when the need for convenient food products such as on-the-go breakfast products is heightened. Growing consumer preference for a homelike cup of tea while travelling is expected to contribute to the increasing demand for instant tea premix.

As instant tea premixes are becoming the modern travel essentials for consumers, especially among young adult consumers, leading market players are introducing interesting formats and packaging with small serving sizes to benefit from this trend. Sachet packaging and the other forms packaging such as sachet-in-a-cup is expected to emerge as one of the newest growth prospects in the instant tea premixes market, the rise of which is mainly attributed to this trend.

The research report presents a comprehensive assessment of the instant tea premixes market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The instant tea premixes market is broadly segmented according to the product type, nature, sugar content, flavor, sales channel and region.

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Key Segments Profiled in the Instant Tea Premix Market

By Type:

  • No Sugar
  • With Sugar

By Nature:

  • Organic
  • Conventional

By Flavor:

  • Cardamom
  • Ginger
  • Masala
  • Lemon
  • Plain

By Sales Channel:

  • Hypermarkets/Supermarket
  • Convenience Store
  • Drug Stores
  • Specialty Stores
  • Traditional Grocery Store
  • Online Stores

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • The Middle East & Africa

About Future Market Insights (FMI)

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

 Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Cold-Pressed Oil Market to Surge to USD 38.43 Billion by 2034: Key Drivers and Growth Insights

Cold-Pressed Oil Market

According to the latest industry analysis, the market size for cold-pressed oil is estimated to be around US$ 23,431.5 million in 2024. It is projected to exhibit a CAGR growth of 5.10% over the forecast period, with an estimated market size of US$ 38,426.4 million by 2034.

In the last few years, various studies and research have suggested the ill effects of refined oils that are subjected to heat during the manufacturing processes. This has substantially pushed the demand for cold-pressed oils in the general population. More and more people are increasingly becoming aware of the importance of maintaining a wholesome diet.

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Refined oils lack sufficient calories for an active lifestyle, which is why cold-pressed oils are becoming more popular. Studies have shown that cold-pressed oils are rich in essential nutrients such as antioxidants, vitamins, lecithin, and phospholipids. This makes them a preferred choice over regular oils.

The cosmetic and cosmeceutical industry has also contributed to the growth of the cold-pressed oil market. More people are choosing natural and organic alternatives for skincare and haircare products. Cold-pressed oils are considered ideal for this purpose, making them a popular choice in the booming industry.

Fitness enthusiasts are promoting the nutritional benefits of cold-pressed oils, which is creating new opportunities for manufacturers. Apart from this, eco-conscious consumers are also getting drawn to cold-pressed oils due to their sustainable manufacturing process. This demand is driving the future growth of the cold-pressed oil market, especially in environmentally conscious countries.

“Cold-pressed oils are being increasingly adopted in the cosmetics and cosmeceutical industry. These are used to formulate various skincare products such as serums, moisturizers, cleansers, etc. Shampoos and hair conditioners are also being curated using these oils,” opines an FMI analyst.

Key Takeaways from the Market Study

  • The palm oil segment dominates the cold-pressed oil market with a share of 35.80% in 2024.
  • Based on application, the food industry leads the cold-pressed oil industry with a share of 67.00% in 2024.
  • The cold-pressed oil industry in China is anticipated to progress at a CAGR of 0.90% through 2034.
  • The cold-pressed oil industry in Germany is estimated to rise at a 3.70% CAGR through 2034.
  • The cold-pressed oil industry in the United States has the potential to increase at 2.10% CAGR through 2034.
  • The Japan cold-pressed oil industry is predicted to rise by 1.40% CAGR through 2034.
  • The cold-pressed oil market in India is likely to surge at a CAGR of 4.80% through 2034.      

Competitive Landscape

The cold-pressed oil market is dominated by prominent companies such as NOW Foods, Mountain Rose Herbs, Aura Cacia, Pukka Herbs, Naissance, Banyan Botanicals, and Majestic Pure.

  • These companies are catering to the rising demand for eco-friendly practices and adopting sustainable sourcing, manufacturing, and packaging measures.
  • They are also collaborating with social media influencers and fitness bloggers to promote their products to eco-conscious consumers and businesses.
  • Billions of dollars have been invested in research and development to expand the applications of cold-pressed oils beyond the food and cosmetics industry.

Recent Developments:

  • Bharat Botanics opened India’s largest cold-pressed oil facility in Gondal, promoting hygiene and transparency in November 2023.
  • Tata Consumer Products launched Tata Simply Better Cold Pressed Oils, a premium range of four flavorful variants, in August 2023.
  • Orgatma Cold-Pressed Oils, in October 2023, revolutionized the culinary landscape with natural, chemical-free oils, promoting sustainability, education, and ethical practices.

Cold-Pressed Oil Market by Category

By Application :

  • Food Industry
  • Cosmetics and Personal Care Industry
  • Agriculture

By Type :

  • Peanut Oil
  • Coconut Oil
  • Rapeseed Oil
  • Cottonseed Oil
  • Soybean Oil
  • Olive Oil
  • Palm Oil
  • Sunflower Seed Oil
  • Palm Kernel Oil

By Distribution Channel :

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Retail Stores
    • Online Retail

By Region :

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

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About Future Market Insights (FMI)

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

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Unlocking Growth: Fiber Supplements Market Set to Hit USD 34.18 Billion by 2032 with 6.5% CAGR | FMI study

Fiber Supplements Industry
Fiber Supplements Industry

The global fiber supplements industry (섬유 보충제 산업) is experiencing robust growth, with the market value expected to surge from USD 18.21 billion in 2022 to an impressive USD 34.18 billion by 2032. This growth is propelled by a rising awareness of the health benefits associated with fiber, including improved digestive health, cholesterol management, weight control, and blood sugar regulation.

Expanding Product Variety and Consumer Awareness Driving Market Growth

Fiber supplements, available in various forms such as capsules, tablets, and powders, are gaining popularity among consumers seeking to enhance their daily fiber intake. As dietary habits shift and fiber deficiency becomes more prevalent, the demand for fiber-rich supplements is on the rise. Health-conscious consumers are increasingly turning to these supplements for short-term relief from constipation and to maintain regular bowel movements.

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Factors Fueling Market Expansion

  • Increasing disposable income, particularly among the younger population, is enabling consumers to spend more on health and wellness products, including dietary supplements.
  • The growing trend of fitness and health awareness is leading to a higher demand for fiber supplements, especially plant-based variants, which are gaining significant traction.
  • Enhanced regulatory measures to curb inauthentic and misbranded products have bolstered consumer confidence, ensuring the authenticity and quality of fiber supplements in the market.
  • Nutraceutical companies are focusing on developing fiber supplements that not only offer health benefits but also cater to consumer preferences for taste and dietary needs, such as gluten-free options.

Regional Market Insights

The fiber supplements market is predominantly occupied by regions such as North America, Europe, Asia-Pacific, the Middle East, and Africa. North America holds a significant market share, driven by the region’s increased focus on health concerns and a robust fitness industry. The rise in per capita income and disposable income in these regions further supports market growth, as consumers are willing to invest in premium quality supplements.

Key Developments in the Fiber Supplements Market

The competitive landscape of the fiber supplements market is marked by notable developments and strategic acquisitions:

  • Fiber Choice®: In 2018, the Fiber Choice® line of chewable prebiotic fiber gummies and tablets was recognized as the #1 recommended brand by gastroenterologists nationwide.
  • Caret Pharma Acquisition: Caret Pharma, a subsidiary of Caret Group, acquired FiberChoice to expand its offerings in the medical food category.
  • Atkins Plus Protein & Fiber Shakes: The Atkins brand launched new fiber-rich shakes in response to consumer demand for supplements that provide both fiber and protein.

Fiber Supplements Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Fiber Supplements market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

Some of the leading players operating in the global fiber supplements market are NOW Foods, Walgreens, SPECIES, Citrucel, BarnDad Innovative Nutrition, Robinson Pharma, Inc., Myogenix, Optimum Nutrition, Garden Of Life, Benefiber, Twinlab, Renew Life Formulas, Inc., and Metamucil

Future Outlook and Opportunities

Investors and stakeholders in the fiber supplements market can capitalize on the burgeoning demand for digestive health solutions. With consumers increasingly prioritizing their health, the market presents lucrative opportunities for growth and innovation. The adoption of online retail channels and e-commerce is further accelerating sales prospects, making it easier for consumers to access a wide range of fiber supplements.

A Detailed Full Report: Gain full access to the fiber supplements Industry report, including Market Forecast, Company Share Analysis, Competitive Intelligence, DROT Analysis, Market Dynamics, Challenges, and Strategic Growth Initiatives.

Fiber Supplements Market: Segmentation

Detailed analysis covered in the FMI’s Fiber Supplements market report has been classified into key segments and sub-segments.

Based on type, the global fiber supplements market is segmented into:

  • Capsule
  • Powder
  • Chewable
  • Tablets

Based on application, the global fiber supplements market is segmented into:

  • Blood Cholesterol Reduction
  • Gastrointestinal Health
  • Weight Management

About Future Market Insights (FMI)

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

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The Zinc Methionine Chelates Market is projected to experience steady growth at a rate of 6.7%.

FMI estimates that zinc methionine chelates market is expected to be worth USD 14.2 million in 2023. Between 2023 and 2033, the market is expected to reach USD 27.3 million, representing a 6.7% CAGR. Zinc is one of the essential micronutrients that plants need to grow and develop. A zinc methionine chelate may serve as a source of zinc for plants. As a result, they are able to absorb nutrients more effectively and increase yields through enhanced nutrient uptake.

With farmers seeking to optimize crop production and address nutrient deficiencies in soil, zinc methionine chelates may be able to serve as a viable solution in the agricultural sector. Due to their higher bioavailability, chelated minerals, such as zinc methionine chelate, are preferred in many industries. Absorption of nutrients is therefore crucial to both human and animal nutrition, ensuring the effective delivery of nutrients.

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Over the past few years, consumers have become increasingly interested in health and wellness, driving the demand for products that promote longevity and vitality. A variety of health and wellness products could benefit from zinc methionine chelates. These products include sports nutrition supplements, anti-aging supplements, and products that address specific health conditions associated with zinc deficiency. In livestock and poultry farming, zinc methionine chelate is widely used in several regions around the world.

The European Union regarding the renewal of the authorization to use zinc chelate of methionine sulfate has published several legislative measures. Zinc chelate of methionine sulfate is approved as a feed additive for all animal species in the European Union. The European Food Safety Agency (EFSA) will classify it as a nutritional additive after an evaluation.

Key Takeaways from the Market Study

  • Zinc methionine chelates are expected to reach US$ 26.4 million by 2032.
  • Zinc methionine chelates accounted for 29.9% market share in 2022.
  • A CAGR of 2.5% was observed between 2018 and 2022 for zinc methionine chelates demand.
  • Zinc methionine chelates registered an 8% CAGR in 2022 in the United Kingdom.
  • Powder form markets saw a growth rate of 68.9% value share in 2022.
  • Globally, Japan accounted for 6.2% of the market by the end of 2022.
  • Zinc methionine chelates made up 5.6% of the global market in 2022.
  • The food and beverage application segment held a value share of 31.8% by 2022.

Competitive Landscape

A growing number of companies are collaborating with other companies and forming strategic partnerships in order to grow their zinc methionine chelates businesses.

The majority of the zinc methionine chelates market players are investing heavily in research and development, developing new products, expanding their geographical reach, and forming strategic partnerships.

  • In January 2023, Alltech Crop Science acquired Agri-food research and development pioneer Ideagro. In addition to better biological services, Alltech Crop Science is accelerating soil and crop research by combining two industry-leading platforms.

Key Companies Profiles

Zinpro Corporation; Balchem Inc.; Novus International; Titan Biotech Ltd.; American Elements; JH Biotech Inc.; Global Animal Products, Inc.; Uno Vetchem; Chengdu Chelation Biology Technology Co.; Alltech; Brihans Laboratories Pvt.Ltd; Others

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Zinc Methionine Chelates Market by Category

By Form:

  • Powder
  • Liquid
  • Granules
  • Others

By Application:

  • Food and Beverages
  • Pharmaceuticals and Dietary Supplements
  • Animal Feed Industry
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Train Seat Market Projected to Reach USD 3.4 Billion by 2033, Expanding at a 4.70% CAGR | FMI Reports

Train Seat Market
Train Seat Market

The global train seat market is expected to be valued at USD 2.1 billion in 2023 and is projected to grow to USD 3.4 billion by 2033. The market is forecasted to expand at a CAGR of 4.70% from 2023 to 2033.

With increasing government investments in more efficient and rapid transportation solutions, the train seat industry is experiencing growth. Enhanced passenger safety is becoming a critical focus, particularly for high-speed trains. As passenger safety continues to be a priority, the demand for advanced train seats is expected to rise, driving market expansion.

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Key Takeaways

  • The United States might increase its market share by 10.8% between 2023 and 2033.
  • Between 2023 and 2033, Germany may hold 7.2% of the train seat industry.
  • Japan’s share of the train seat industry could reach 8.8% between 2023 and 2033.
  • Australia to hold a 1.1% share of the train seat market from 2023 to 2033.
  • During the forecast period, the Chinese train seat business to expand at a CAGR of 5.6%.
  • From 2023 to 2033, the United Kingdom train seat business registered at a 3.4% CAGR.
  • Through 2033, the Indian train seat business recorded a CAGR of 6.3%.
  • The regional/ intercity segment to hold a train seat market share of 46.7% in the train type category between 2023 and 2033.
  • The non-recliner sector to grab a significant market share of 34% in the product category between 2023 and 2033.

Competitive Landscape

The train seat market is quite competitive, with leading train seat manufacturers providing many seating options for various train types. Businesses like Faurecia, Grammer, and Freedman Seating lead the market by emphasizing comfort, design, and safety improvements to meet customers’ changing needs.

Key Players

  • Freedman Seating Co.
  • Saira Seats
  • FISA Srl
  • Grammar AG
  • Franz Kiel GmbH
  • KTK Group
  • USSC Group
  • Transcal Ltd.
  • Seats Incorporated
  • GINYO Transport

Regional Portrait

The Asia Pacific region is expected to continue dominating the market, exhibiting significant growth with a high CAGR. This can be attributed to factors like the rise in passenger trains and the substantial investments by governments to improve railway infrastructure, both serving as key drivers for the train seat industry.

The North American train seat market is expected to witness steady growth, primarily driven by the rising adoption of smart seats. These advanced seats incorporate technologies like video and audio ports, offering enhanced customer convenience.

Europe is set to grow steadily, boasting a considerable market share due to the expansion of urban rail transit systems, improved railway infrastructure, and the presence of prominent train seat manufacturers.

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Key Segmentations

By Train Type:

  • Regional/Intercity
  • High Speed
  • Metro
  • Light

By Product:

  • Non-recliner
  • Luxury/Premium
  • Recliner
  • Subway seats
  • Sleeper/Couchette
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

About Future Market Insights (FMI)

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

Contact Us:      

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