Market Research Blog – Page 1677 – New Product Development

White Mulberry Leaves Extract Market Set for 13% CAGR, Hitting USD 141.59 Billion by 2032

The global white mulberry leaves extract market is forecasted to be appraised at US$ 141.59 billion by 2032, up from US$ 41.71 billion in 2022, advancing at a CAGR of 13% during the forecast period.

White mulberry trees are part of the Moraceae family of plants that grow naturally in some of temperate regions and are increasingly being cultivated owing to the assortment of benefits they provide. The white mulberry tree can approximately reach a height of 10-20 meters and has a short lifespan similar to that of human beings.

The extract obtained from the leaves of white mulberry is rich in chemicals that have a wide range of therapeutic benefits. In addition, the leaves of the white mulberry tree are vital for silkworm rearing with the leaves serving as the feed for the worms. Originally, a native species of China, mulberry trees are now being cultivated in the United States, Australia, Mexico, and other countries.

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Extensive Therapeutic Benefits of Mulberry Leaves Extract to Fuel Uptake

Extracts obtained from the leaves of white mulberry are rich in biologically active compounds and have been an integral part of Chinese medicine since ages. Numerous studies have suggested white mulberry leaf extract can be used to limit weight gain, diabetes, and lipid profiles in human beings.

Higher cholesterol levels are being increasingly associated with the development of cardiovascular diseases which has been identified as the leading cause of death around the world. The increasing prevalence of higher cholesterol levels, diabetes, and obesity are driving the adoption of white mulberry leaf extract in the production of nutraceuticals.

Growing health consciousness coupled with the burgeoning demand for naturally-sourced nutraceuticals is one of the vital factors expected to propel the white mulberry leaves extract industry. In addition, the high concentration of antioxidants in the white mulberry leaves extract and their high fiber content is also pushing its adoption in the production of supplements and nutraceuticals.

Burgeoning Investments in Mulberry Plantations to Uphold Market Growth 

Intensifying investments in mulberry plantations by entrepreneurs around the world is estimated to bolster production of white mulberry leaves extract. Components of mulberry trees are finding usage in an assortment of industries such as food, pharmaceuticals, sericulture, and cosmetics and personal care making the plantation a profitable investment for the entrepreneurs.

In addition, the bolstering agritourism industry is expected to contribute significantly to the white mulberry leaves extract industry growth with administrative authorities increasingly adopting the practice as a mainstream form of revenue generation with the global populous showing accentuating inclination towards outdoor traveling. These factors coupled with the low cost of cultivation of the mulberry trees are expected to propel white mulberry leaves extract market proliferation.

Intensifying Research and Development towards Streamlining Extraction from Mulberry Leaves to Aid in Market Proliferation

With white mulberry leaves extract finding widespread adoption in an assortment of industries, farmers and entrepreneurs are investing heavily in the research and development of procedures for effective extraction of the concentrate found in the leaves.

For instance, a study conducted recently shed light on the impact of temperature, time, size, the cycle of extraction, and other related parameters on the properties of white mulberry leaves extract. The research provided integral information about the optimal extraction parameters required to be maintained to keep the therapeutic and antioxidant properties of white mulberry leaf extract.

White Mulberry Leaves Extract Market – Notable Highlights 

To capitalize on the burgeoning demand for white mulberry leaves extract-based nutraceuticals and supplements for blood glucose regulation, DSM decided to join hands with Phynova, a leading player in the white mulberry leaves extract market, for distribution of its blood sugar level regulating ingredient Reducose. Reducose is a water-based solution containing extracts obtained from the leaves of white mulberry.
The pervasive trend of using white mulberry leave extract in cosmetics was complemented by the launch of TEGO enlight by Evonik with white mulberry leaves extract being an integral constituent of the product composition. The company claims the skincare product can be used for skin brightening and treatment of age spots.

The report covers exhaustive analysis on 

White mulberry leaves extract industry Segments
White mulberry leaves extract market Dynamics
White mulberry leaves extract market Size
White Mulberry Leaves Extract Market Supply and Demand
Current Trends/Issues/Challenges pertaining to White mulberry leaves extract industry

Competition Landscape and Emerging Market Participants in White Mulberry Leaves Extract industry
Technology related to the Production/Processing of White mulberry leaves extract industry
Value Chain Analysis of the White Mulberry Leaves Extract Market

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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White Mulberry Leaves Extract Market Segmentation

Based on the end-use application, the white mulberry leaves extract industry can be segmented into:

Food
Cosmetics and personal Care

Nutraceuticals
Pharmaceuticals
Others

On the basis of use, the white mulberry leaves extract market can be segmented into:

Dietary fibers
Antioxidants
Organic compounds
Others

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Aluminum-free Natural Food Color Market Without Aluminum Expected to Hit USD 4.08 Billion by 2032, Growing at 6.88% CAGR | FMI

The Aluminum-free Natural Food Color Market is witnessing significant growth as consumers increasingly seek healthier and safer alternatives to artificial food dyes. These natural colorants, sourced from fruits, vegetables, and other plant-based materials, offer vibrant hues without the harmful effects of aluminum-based additives. The rising awareness about the potential health risks associated with artificial colors has driven the demand for these safer alternatives in the food and beverage industry.

The global aluminum-free natural food color industry is forecasted to be appraised at US$ 4.08 billion by 2032, up from US$ 2.17 billion in 2022, advancing at a CAGR of 6.88% during the forecast period.

Dyes, pigments, and substances that impart color to food and beverages are known as coloring additives or food colors. Available as liquid, gels, and powder food coloring is used in both commercial and domestic production of eatables and beverages.

Consumers continue to associate the taste of food products with its color which is a vital factor F&B companies are increasingly using food coloring to make their products more presentable and marketable. Aluminum lakes are being increasingly used in the production of food coloring owing to their dispersible nature enabling them to mix with oil, fat, propylene glycol, and glycerin and water. However, concerns regarding the adverse impact of aluminum consumption on human health are creating a demand for natural food colors.

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Aluminum-free Natural Food Color Market Dynamics

Health Concerns Surrounding Prolonged Aluminum Consumption to Uphold Market Growth

Although aluminum has been approved for use in food coloring, it is widely identified as a neurotoxin proven to impact over 200 biological functions of the body. The metal accumulates in the human system over periods of time and can have adverse consequences on human health. Numerous studies suggest that prolonged accumulation of aluminum in the body can potentially cause neurodegenerative diseases such as dementia, Alzheimer’s disease, Parkinson’s, and amyotrophic lateral sclerosis (ALS).

In addition, aluminum competes with other minerals for absorption into the bloodstream. This can significantly deter calcium absorption in bones and impact skeletal mineralization. Further, studies have linked the accumulation of metal in the body to the development of autism and slowdown of growth in kids. Growing awareness about the adverse impact of aluminum on human health is prompting food and beverage companies to seek alternatives to food color containing aluminum.

A recent development complementing the trend was the release of a survey conducted Federal Institute of Risk Assessment, Germany which revealed that approximately half of the German population avoids the use of aluminum-based products. The factor is estimated to play a vital role in aluminum-free natural food color market growth during the forecast period.

Coupled with the growing awareness about the adverse impact of aluminum on human health, the trends are expected to drive food processing companies to replace artificial and synthetic coloring with their natural alternatives.

Additionally, the burgeoning demand for naturally sourced ingredients for food products and the widespread consumer perception associating natural with healthy is driving manufacturers to increasingly replace aluminum-based food coloring in their products.

The factor is expected to contribute significantly to the aluminum-free natural food color market growth with consumers increasingly preferring brands which provide detailed insights into their supply chain management.

Innovations in Natural Food Color Development to Drive Adoption

Aluminum lakes find widespread usage in the production of blue pigment for food coloring. Intensifying research and development towards finding natural sources for blue color is likely to accelerate adoption of aluminum-free natural food color.

For instance, recent research in the area is studying the potential of deriving blue color from fungal, animal, and microbial sources. In addition, the aluminum-free natural food colors are also finding widespread adoption in the food and beverages industry owing to the nutritional benefits offered by them which are central to marketing campaigns of companies vying to capitalize on the burgeoning demand for natural products. Technical breakthroughs in the production of natural food colors are further expected to underpin aluminum-free natural food color market growth.

For instance, Phytolon, an emerging company in the food color market, obtained the license for using plant-based genes known as betalains for the production of a variety of natural colors. The company revealed that they will be leveraging a novel technique employing the use of yeast for the commercial production of natural food color. Burgeoning investments in natural food color production and accelerated sophistication of production processes is estimated to fuel aluminum-free natural food color market growth.

Inefficient Functionality and Lower Shelf-life of Natural Colors to Dent Sales

Natural food colorings are unstable and exhibit low heat resistance. In addition, the coloring can fade easily and undergo a change in properties when subjected to light and different pH levels. Being derived from natural sources, natural food coloring can cause allergic reactions.

Furthermore, the overall cost of production of natural food colors is substantially higher than its synthetic counterparts. The requirement of a vast amount of raw materials in plants, fruits, and other natural sources makes the production of natural colors both expensive and non-sustainable.

These factors are restraining the widespread adoption of natural colors in commercial food processing and continue to pose a daunting challenge to manufacturers operating in the aluminum-free natural food color market.

Aluminum-free natural food color market – Notable Highlights

Naturex, a key player in the aluminum-free natural food color market, launched a new line of natural food colors named “Vegebite Ultimate Spirulina”. The product line features blue and green colors sourced from spirulina for confectionary and beverages with the colors being available in liquid and powder form.
Increasing collaborations in the aluminum-free natural food color market received a huge boost when Exberry and GNT group launched the Sunshine Shades range of natural food coloring. Under the product line, the company will be launching natural colors ranging from bright yellow to dark orange which can potentially replace yellow food coloring manufactured using aluminum lakes.
The trend for significantly reducing the use of aluminum lakes in food color manufacturing saw another key development when Roha announced the launch of its Natracol Vibra Yellow color for use in the food products such as gummies, candies, and dairy products.

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Aluminum-free Natural Food Color Market Segmentation

On the basis of type, the aluminum-free natural food color market can be segmented into:

Beta Carotene
Astaxanthin
Annatto
Curcumin
Spirulina
Carmine

Based on the end-use application, the aluminum-free natural food color market can be segmented into:

Processed/Frozen food products
Beverages
Dairy Products
Bakery and Confectionary Products
Others

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Multistrain Probiotics Market Analysis 2022: Expert Insights and Projections Through 2032

The global multistrain probiotics market is forecasted to be valuated at US$ 156.25 billion by 2032, up from US$ 66 billion in 2022, advancing at a CAGR of 9% from 2022 to 2032.

A burgeoning number of consumers are amassing healthy eating habits, and thereby, health-conscious consumers are more inclined towards nutritional and functional food products. With the growing preference for nutrient-rich food products, probiotics have gained immense popularity among health-conscious consumers around the world. While probiotics are available in both monostrain and multistrain probiotic forms, the tendency to work with multistrain probiotics has always remained high.

As multistrain probiotics imply a broader spectrum of efficacy and synergistic effects, the market for multistrain probiotics is likely to maintain its momentum in the upcoming years. In addition, growing awareness about the influence of multistrain probiotics of the immunity, digestion system, and overall health is triggering demand for multistrain probiotics. Leading players in the multistrain probiotics market are aiming to capitalize on increasing disposable income of consumer and growing awareness about their dietary habits to improve profitable sales of their diverse portfolio of multistrain probiotics.

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Multistrain Probiotics Market – Notable Developments

Yakult Honsha Co., Ltd., DuPont Nutrition & Health, Deerland Enzymes, Inc., Protexin, Hansen Holding A/S, Arla Foods, MORINAGA & CO., LTD., LALLEMAND Inc., Danisco, PROBI, Biogaia, Attune Foods, bifodan, Daflorn Ltd., Biocare Copenhagen, ecologicinside, Hansen Holding A/S, danone, Société des Produits Nestlé, and Nebraska Cultures are among the leading players in the multistrain probiotics market.

In June 2018, DuPont Nutrition & Health – a business unit of DowDuPont Specialty Products Division – announced its partnership with INRA (French National Institute for Agricultural Research) through MetaGenoPolis (MGP) and Micalis Institute to strengthen DuPont’s probiotic strains capabilities with a functional metagenomics approach. The company aims to define DuPont™ Danisco® probiotic strains’ molecular mechanisms of action to consolidate its position in the multistrain probiotics market, with the new collaboration with INRA Micalis-MGP.
In January 2018, BioGaia – a Swedish biotechnology company that primarily focuses on probiotic products – announced that it has entered an agreement with Abbott Laboratories – an American healthcare company – to commercialize its BioGaia Protectis probiotic supplements in China. The company announced that this collaboration was in line with its strategies to grow its probiotics business in Asian markets.
In July 2018, Deerland Enzymes & Probiotics – a global leader in enzymes and multistrain probiotics market, announced that it has acquired National Enzyme Company – a leading manufacturer of enzyme-based dietary supplements – to gain momentum in the multistrain probiotics market. The company announced its aim to add National Enzyme Company’s SORA and BioCore® capabilities to its production facility and strengthen the presence in the market with its branded technologies and probiotics expertise.

Ongoing Research and Studies Spread Awareness about Health Benefits of Multistrain Probiotics

As consumers are becoming highly critical about food ingredients and their benefits before making a purchasing decision, food manufacturers are investing heavily in research on health-benefitting ingredients to attract a large base of health-conscious consumers. The multistrain probiotics market is witnessing healthy growth as recent studies find diverse health benefits of multistrain probiotics.

Researchers find that multistrain probiotics are not only beneficial in treating physical illnesses, such as diarrhea and irritable bowel syndrome (IBS), but can also contribute to improving psychological health. Increasing awareness about the health-boosting properties of multistrain probiotics is expected to contribute to the increasing growth of the multistrain probiotics market in the upcoming years.

Applications of Multistrain Probiotics in Dairy Products to Remain Highest

Increasing growth of the multistrain market is mainly attributed to its applications in pharmaceuticals, animal feed, and food & beverages, however, food & beverage industry remains the linchpin for the multistrain probiotics market.

Consumers are becoming critical about their dietary choices and thereby, are more inclined towards food products with high nutritional contents. Dairy products are likely to remain the leading segment in the multistrain probiotics market, and leading market players are shifting their focus on the dairy industry to capitalize on this trend.

Some examples include

In October 2018, Hansen Holding A/S – a leading bioscience company – announced that it has acquired all the assets of Österreichische Laberzeugung Hundsbichler GmbH – an Austria-based ingredient supplier. With this acquisition, the company aims to expand its enzymes business in the traditional processed cheese segments of the dairy industry.
In December 2018, Arla Foods, Inc. – a leading dairy company in the multistrain probiotics market – announced that it has acquired the Middle East and Africa Kraft branded processed cheese business of Mondeléz International – an American food company.

Asia Pacific to Emerge as a Leading Market for Multistrain Probiotics

Though the wave of health & fitness have spread across the world, rapidly-growing end-user industries in the Asia Pacific have a major contribution in growth of the multistrain probiotics market. Leading players in the multistrain probiotics market are shifting focus on their businesses in developing countries in the Asia Pacific region to leverage increasing disposable income of consumers and growing demand for healthy and nutritional food products.

European market for multistrain probiotics is also likely to create lucrative opportunities for market players in the upcoming years with growing health awareness among European consumers. In addition, governing bodies in Europe, such as the European Society for Clinical Nutrition and Metabolism (ESPEN), have developed regulations and directives to govern the use of multistrain probiotics in various food products, pharmaceuticals, and dietary supplements. This is likely to augur well for the multistrain probiotics market players in Europe.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global Blackout Fabric Laminates market.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Blackout Fabric Laminates market attractiveness as per segments. The report also maps the qualitative impact of various factors on Blackout Fabric Laminates market segments and geographies.

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Multistrain Probiotics Market Segmentation

The multistrain probiotics market can be bifurcated on the basis of:

Applications
End-users

Multistrain Probiotics Market Segmentation Based on Applications

Food & Beverages
Animal Feed
Dietary Supplements

Multistrain Probiotics Market Segmentation Based on End-users

Humans
Animal Feed

Frequently Asked Questions

What is the Growth Outlook for the Multistrain Probiotics Market?
Which Region is the Largest Market for Multistrain Probiotics?
Which is the Valuation of Multistrain Probiotics Market as of 2022?

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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.

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Monoprotein Market Forecast by End User and System Type: Industry Analysis Through 2032

The sales of monoprotein are projected to rise as it is a single protein-sourced product. It is a solution guaranteeing the uniqueness and purity of pet food products with fundamental nutrients, necessary for pet health. As a result, these factors are likely to increase the monoprotein market share during the forecast year from 2022 to 2032.

The global monoprotein market share is set to witness growth at a CAGR of 3.0% and top a valuation of US$ 4.3 Bn by 2032. Demand for monoprotein is likely to increase as pet owners need to deal with pet’s intolerance to a particular type of food protein, it is difficult to get away from the undesired components for customers.

Along with that, nowadays products labelled with salmon-based food or chicken-based food contains numerous harmful chemicals and preservatives. Furthermore, to avoid such products people are opting for monoprotein, which is boosting the monoprotein market growth during the forecast period.

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The adoption of monoprotein is anticipated to recover the gap in the pet food market where a certain type of food protein is necessary to build immunity and muscle mass for pet’s allergy.

There are many variants like pork, chicken, salmon, and others available as a protein source to those products. As a result, the sales of monoprotein are anticipated to rise. These factors are anticipated to boost the monoprotein market trends & forecast during the forecast period.

Key Takeaways from Market Study

The monoprotein market analysis is worth US$ 3.2 Bn sales in 2022.
The monoprotein market share is expected to expand at a CAGR of 3.0% through 2032.
Global monoprotein demand is projected to grow year-on-year (Y-o-Y) growth of 2.7% in 2022.
The monoprotein market statistics are growing with a notable boost towards the production to reach US$ 4.3 Bn by 2032.
High product demand from the pet food industry, and tasty and convenient product forms are the factors driving the monoprotein market growth.
These factors are some of the influencing factors among consumers, which is driving sales of monoprotein across global markets.
Demand for monoprotein grew at 2.4% CAGR between 2017 and 2021.
Monge SPA, Purina PetCare (Nestlé S.A.), Brit Mono Protein (Vafo Praha s.r.o.), Country Farms, and Stuzzy Monoprotein (Agras Delic S.P.A.) are expected to be the top players in the industry.
Monoprotein market key trends & opportunities rise along with the dog as pet type, adult pet life-stage, flavored monoprotein, raw packaging type, and online retail sales channel are in heavy demand from pet food industry carrying a notable market share.

“A single source of protein for pets with guaranteed tolerability among the animals with food intolerance or allergies is the principle behind monoprotein products. The products come without any added preservatives, or artificial colorants or flavorings, to ensure that there is no chance of harm to the pets and the pet get complete nutrition as well from the product, driving the market growth,” – Future Market Insights Analyst.

Competitive Landscape

Key monoprotein brands are conducting several types of research and looking for new strategic partnerships, while key business brands are focusing on developing applications in the food industry to generate high-quality food and beverage solutions.

The top players are focusing on new formulations and product innovations to gain monoprotein market growth and attract more customers to the product.

In 2020, Monge launched the top-quality and natural super-premium product BWild, which is a Low Grain or Grain Free monoprotein, and launched to fulfil the demand for innovative products in the field of the pet food industry, which also supports the dietary needs of pets.

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Monoprotein Market by Category

By Pet Type:

Dog
Cat
Others

By Pet Life-stage:

Adult
Kitten/ Puppy
Others

By Flavor:

Unflavoured
Flavoured

By Packaging Type:

Raw
Powdered
Dry & Dehydrated
Liquid & Gravy
Canned
Frozen & Freeze-Dried
Others

By Sales Channel:

Hypermarkets /Supermarkets
Convenience Stores
Discount Stores
Online Retail
Others Retail Formats

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Apple Seed Oil Market Forecast: Risk Analysis and Production Changes Across Regions by 2032

Global market demand for apple seed oil is expected to reach US$5.15 billion in 2022, growing at a CAGR of 4% and is estimated to reach US$7.62 billion between 2022 and 2032. The growth is attributed to the increasing prevalence of lifestyle diseases such as obesity, diabetes, high blood pressure and other cardiovascular diseases.

The study offers a detailed analysis of market dynamics including drivers, restraints, opportunities, and challenges, and also highlights their impact on the market in more than 20 countries across 7 regions. The report provides vital insights into the market and assists key players to identify potential segments.

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Emergence of Grab-and-Go Trend to Open New Growth Avenues for the Apple Seed Oil Market

Growing grab-and-go trend is making deeper inroads across the food and beverages industry, owing to the increasing busy lifestyle of the population worldwide. In addition, increasing single living and growing number of working women across the U.S., Japan, Germany, China, and India are creating tailwinds for the trend, which is in turn, propelling the demand for Apple Seed Oil.

Citing this trend, numerous industry players are emphasizing on providing portable dining options to the customers by offering premade and packaged ready-to-eat foods, snacks, and beverages as an alternative to conventional dining.

They are also focusing on providing easy-to-carry and attractive packaging solutions for ready-to-eat foods to enhance convenience. This is expected to create lucrative opportunities for the growth in the Apple Seed Oil market.

Key Apple Seed Oil Market Takeaways and Projections

The U.S. is estimated account for the maximum share in North America market through 2029, owing to the increasing working population in the country.
Germany Apple Seed Oil market is projected to register rapid growth, accounting for a significant share in Europe between 2019 and 2029.
China is forecast to dominate the East Asia market, projecting the fastest growth in the region for the assessment period.
India is expected to emerge as a highly attractive market in South Asia, accounting for the largest sales during the coming decade.
Based on segment anticipated to contribute maximum sales in the market, expanding at a robust CAGR over the forecast period.

Report Benefits & Key Questions Answered

Apple Seed Oil market Consumption by Demographics: The market intelligence study provides insights into the change in consumer behavior and purchasing patterns of the customers. It also highlights the impact of these changes on the sales of Apple Seed Oil across local, country, and regional markets. It uncovers key factors increasing the consumption of Apple Seed Oil through 2029.
Apple Seed Oil market Historical Analysis: FMI’s recent study analyzes key market dynamics and their impact on the Apple Seed Oil market across 7 regions for the last forecast year from 2016 to 2020. It tracks the forthcomings and shortcomings of the market over the past half-decade and forecasts the scope of the Apple Seed Oil market for the assessment period 2019-2029.
Apple Seed Oil market Competitive Analysis: The report conducts a detailed assessment of the competitive landscape and highlights a list of prominent companies operating the global Apple Seed Oil market. It also uncovers the level of competitiveness in the market and provides insights into key expansion strategies adopted by the Tier 1, Tier 2, and Tier 3 companies.
Apple Seed Oil market Manufacturing Trend Study: The latest study on the Apple Seed Oil market offers detailed insights into vital trends creating growth prospects for the food & beverage industry players. It also uncovers key strategies adopted by leading manufactures to capitalize on the existing opportunities.

Competitive Landscape Analysis

Future Market Insight’s latest study provides in-depth insights into the global Apple Seed Oil market to assist management level decision-makers in construct a strategy to capitalize on the upcoming trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Apple Seed Oil market.

Some of the prominent market players are profiled by FMI are The Kerfoot Group, O&3 Ltd., Ramona Cosmaceuticals Pvt Ltd, Indrayan Seed Oil, MORRE-TEC Industries, Inc., Croda International Plc., Au Natural Organics.

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Apple Seed Oil Market: Demand Analysis by Segmentation

On the basis of nature, the global apple seed oil market is segmented as-

Organic
Conventional

On the basis of extraction process, the global apple seed oil market is segmented as-

Solvent extraction
Cold pressed

On the basis of end use, the global apple seed oil market is segmented as-

Personal Care & Cosmetics
Skin Care
Hair Care
Cosmeceuticals
Home Care Products
Household/Retail

On the basis of packaging, the global apple seed oil market is segmented as-

Retail
Plastic Bottles
Glass Bottles
Bulk

On the basis of distribution channel, the global apple seed oil market is segmented as-

Direct/B2B
Indirect/B2C
Supermarkets/Hypermarkets
Specialty Stores
Modern Grocery Retail Stores
e-Retail

Region

North 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 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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Annatto Food Colors Market Projected to Hit USD 366.4 Million by 2033 as Natural Food Colors Gain Popularity

The annatto food colors market is set to achieve a valuation of approximately $208 million in 2023 and is anticipated to grow to $366.4 million by 2033. This growth, occurring at a CAGR of 5.8%, underscores the increasing preference for natural food colorants in the food and beverage industry. Annatto, derived from the seeds of the achiote tree, is a popular natural colorant used to impart yellow to orange hues in a variety of products.

The market for annatto food colors is significantly driven by the demand for natural food colorants, which constituted 11.5% of the global natural food colors market sales valued at $1.6 billion in 2022. The shift towards natural and plant-based ingredients, influenced by rising health consciousness and dietary preferences such as veganism, is boosting the market. Annatto’s widespread application in dairy, bakery, confectionery, and beverages further propels its demand.

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Several factors contribute to the growing demand for annatto food colors. One of the key drivers is the aesthetic appeal of food, where color plays a crucial role in consumer perception and acceptance. Annatto is extensively used in the dairy industry, notably in cheese and butter, to enhance visual appeal. The ongoing trend towards clean-label products also favors the use of natural colorants like annatto, as consumers increasingly scrutinize ingredient lists for artificial additives.

Additionally, the rising vegan population and the overall shift towards healthier food options are enhancing the adoption of annatto. During the pandemic, health consciousness surged, prompting food manufacturers to incorporate more natural ingredients, including colorants. This trend is expected to continue, providing sustained growth opportunities for the annatto food colors market.

Key Takeaways from Market Report

The overall plant-based food colors market is expected to witness annatto food colors market growth at CAGRs of 6.5% and 6.1% in North America and Latin America, respectively, through 2032, while the annatto food colors market is anticipated to grow at a rate of 5.8% and 6% in these regions respectively.
The European annatto food colors market is currently pegged at 1200 metric tons by volume and USD 35 mn by value. The demand for annatto food colors is about to grow at 5.9% CAGR between 2022 and 2032 in this region.
Although by application, the dairy industry holds command over the highest annatto food colors market share of 21%, the beverages segment is set to expand at a CAGR of 6.2%.
In relation to synthetic colors like Azorubine, Allura Red, and others, annatto has lesser stability, which is a major restraining factor for annatto food colors market expansion. Another problem cutting the annatto food colors market adoption trends is the product’s higher cost when compared to its competitors.
Growing consumer preference for organic, healthy, and nutritious plant-derived food products is the main driver for sales of annatto food colors across global annatto food colors market.

“Annatto food color makers are advised to target the health and nutrition markets like dietary supplements industry. Manufacturers should also strive to achieve higher production volumes, to make plant-based food colors more affordable to food processing industries. As the tropical regions where the raw materials are found in abundance are not developed, larger companies would profit significantly by moving manufacturing units to these countries,” says a Future Market Insights analyst.

Recent Developments

March 2023: Research released in the journal “Food Science & Nutrition” indicated that annatto food color might assist in decreasing cholesterol levels.
June 2023: The Natural Food Colorants Association (NFCA) organizes a yearly meeting in New York City. The conference promises to bring together business leaders to talk about the most recent developments and advancements in the natural food color sector.
June 2023: The FDA conducts an open discussion on the security of annatto extract. The discussion is going to give those with interest a chance to submit comments on the use of annatto extract in food items.

Competitive Landscape

Annatto food color producers are majorly focusing on aggressive marketing techniques and cost-cutting procedures in order to make annotta food colors affordable for the food processing industry. These manufacturers also participate in various collaborations with leading food brands around the world to increase the reach of their products.

Major annatto food colors market players are D.D. Williamson & Co. Inc., Sensient Technology Corporation, Chr. Hansen Holding A/S, Kalsec Inc, Fiorio Colori, FMC Corporation, WILD Flavors, Naturex S.A., and a few other regional players.

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Annatto Food Colors Market by Category

By Nature:

Organic
Conventional

By Application:

Bakery & Confectionery Products
Beverages
Fruit Preparations/ Fillings
Dairy Food Products
Potatoes, Pasta, and Rice
Soups, Sauces, and Dressings
Meat, Poultry, Fish, and Eggs
Seasonings
Others

By Form:

Paste
Powder

By Type:

Oil-soluble Annatto
Water-soluble Annatto
Emulsified and Solvent-extracted Annatto

By Region:

North America (USA, Canada)
Latin America (Mexico, Brazil)
Europe (Germany, United Kingdom, France, Italy, Spain, Poland, Russia), Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa), India
Asia-Pacific (China, Japan, South Korea, Thailand, Malaysia, Vietnam, Indonesia, Oceania (Australia, New Zealand)

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Allura Red AC Market Set for 6.01% CAGR Growth from 2022 to 2032

The global allura red AC market is set to witness growth at a CAGR of 6.01% to reach a market valuation of USD 245 Mn by 2032.

The demand for food colourants in the food and beverage industry is driving the global allura red AC market. The global allura red AC market is growing because of the rising demand for ice creams, sausages, candies, cold drinks, dairy goods, sugar confectionery, bakery items, flour confectionery, frozen products, and gelatine desserts, among other things.

Additionally, the sales of allura red AC are growing due to decreasing synthetic colour prices. Further, the accessibility with which raw materials may be obtained is a boon to the overall expansion of the allura red AC industry.

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The allura red AC market is dominated by the US and China, who together contribute to more than 35% of the market. As per the allura red AC market analysis, an increase in disposable income in regions such as the Asia Pacific, the Middle East, Latin America, and Africa has made it easier for customers to consume more ready-to-eat packaged food products propelling the usage of red food colorants.

The allura red AC market around the world is impelled by the highly growing demand for unique-looking food dishes, innovative altering tastes, and food appeal preferences. This trend has been pushed further due to the advent of social media engagement among the populations worldwide.

Stringent regulation, competition from natural food colorants, and misperceptions about allura red AC among consumers remain a key restraints to the allura red AC market.

In terms of the adoption of allura red AC products, China has the largest proportion of the global market. In the APEJ region, the allura red AC market is predicted to rise at a significant rate.

In European nations such as Denmark, Belgium, France, and Switzerland, the adoption of allura red AC is prohibited. The FDA has approved allura red AC for use in cosmetics, medicines, and food in the United States. Because of the scarcity of raw materials in MEA, the global adoption of allura red AC food colourants is lower than in other parts of the world.

Key Takeaways from Market Study

Allura red AC dyes exhibited a sale of about 18,000 metric tons in 2021 and the market assessment suggests that the demand for allura red AC colorants sector is expected to be at approximately 34,000 metric tons by 2032.
In Europe, the Middle East, Africa, and India which is profiled as the EMEAI region, the demand for allura red AC food colors is expected to grow at 5.7% CAGR between 2022 and 2032.
The North American allura red AC market is expected to register a 5.2% CAGR between the assessment period of 2022 and 2032. This is lower than the average food colors industry because of the rising inclination in the region towards natural food colors.
The carbonated drinks, breakfast cereals, compound coatings, fruit fillings, and alcoholic drinks sub-are the leading food and beverage applications in the allura red AC market.
The Seasonings industry for allura red AC consumptions has been ballooning in the recent past and there has been good traction from this industry for synthetic food colors. The seasonings’ consumption of allura red AC is expected to register a CAGR of 6.3%.

“Companies dealing in Allura Red AC food colorants would gain significantly by targeting the subsegments like soups, sauces, and seasonings. Synthetic food colours are still the go-to choices for newer food processing units due to their affordability and accessibility. Exploring developing economies and establishing strategic alliances with global food and beverage brands would immensely help Allura Red AC food colorant brands,” says a Future Market Insights analyst.

Competitive Landscape

Allura red AC companies have been modifying the product to attract end-user industries and consumers. It is primarily available in granulated red, brown powder form but is also converted into an aluminum lake. Manufacturers are consistently looking to diversify allura red AC into various other convenient forms like gel and pastes.

Allura red AC manufacturers are also diversifying towards various other food industry applications like pet foods and edible cosmetics by the means of acquisition and collaboration.

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Frequently Asked Questions

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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.

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GMO Testing Services Market Forecast: Regional Analysis, Industry Growth, and Market Share till 2032

The global GMO testing services market is set to witness growth at a CAGR of 7.8% over the forecast period, reaching US$ 4.6 Bn by 2032.

The expansion in the GMO testing market is being fueled by increasing investments and developments in biotech research. GMOs are organisms whose DNA structure has been modified through the use of biotechnology technologies, which are used to produce high-quality food.

Moreover, to cater to the growing demand, food manufacturers are having their products verified as GMO-free as a response to the implementation of legislative bills such as the GMO labelling law. As a result, demand for non-GMO products will likely drive the global GMO testing market in the forthcoming years, as will the need for sophisticated technology to analyze next-generation GMO properties.

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“Increasing production of diverse processed food products using genetically modified crops, as well as technological advancements in modern farming techniques across the globe will provide an impetus to sales in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

The global GMO testing services market is anticipated to reach a valuation of around US$ 2.2 Bn by 2022 end

The market is segmented based on technology, wherein Polymerase Chain Reaction (PCR) GMO testing services is anticipated to account for around 50% of the market share over the forecast period.

The North America GMO testing services market is expected to witness a lucrative growth rate of 7.5% during the forecast period.

Use of GMO testing services for meat & meat products to become a lucrative in the coming years

East Asia is expected to emerge as a prominent market for GMO testing services market in the forecast period

Competitive Landscape

The global GMO testing market is fragmented, with prominent competitors striving to gain a competitive edge, particularly in developed regions where regulatory compliance is rigorous and public awareness of food authenticity is high. For instance:

In December 2021, ALS Limited announced the acquisition of MinAnalytical Laboratory Services Australia Pty Ltd, a Geochemistry testing company to expand their operations in Australia.

Leading Companies Profiled in GMO Testing Services Market are

Interrtek

SGS SA

Eurofins

ALS Limited

Thermo Fisher Scientific, Inc.

TÜV SÜD AG

Merieux Nutrisciences

Bio-Rad Laboratories

Microbac Laboratories

OMIC

Others

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Future Market Insights, in its new report, offers an impartial analysis of the global GMO testing services market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

GMO Testing Services Market by Category

By Technology:

ELISA Test
Polymerase Chain Reaction (PCR)

Lateral Flow Devices (LFD)

By Crop Type:

Corn
Rapeseed/Canola
Soy

Potato
Tomato
Other Crops

By Trait:

Herbicide tolerance

Stacked
Insect resistance

By Food Type:

Meat & meat products
Food additives

Bakery & confectionery
Breakfast cereals & snacks
Infant food
Others

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Frequently Asked Questions

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Which region is expected to drive the GMO testing services market over the forecast period?
Who are the key players in the GMO testing services market?

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

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Yeast Market Forecast to Reach USD 5.98 Billion by 2033 with 4.6% CAGR Growth from 2023-2033 | FMI

The global yeast market is experiencing a rise like never before. Beyond its traditional role in baking and brewing, yeast is branching into innovative domains. Its application in biotechnology, like pharmaceuticals and biofuels, is propelling growth. Yeast’s natural ability to ferment and produce high-value compounds is making it a sought-after tool in sustainable industries. The rise of plant-based and lab-grown foods is also driving demand for yeast as a key ingredient in meat and dairy alternatives.

The yeast market is likely to hold a valuation of US$ 5.98 Billion by 2033. As of 2023, the market value is US$ 3.83 Billion. As the demand for yeast in various industries foresees growth, the yeast market is expected to grow by 4.6% from 2023 to 2033.

Yeast has been used in traditional home cooking and baking in Western countries since the beginning. It also finds its applications in many other industries, such as pharmaceuticals, wastewater, agriculture, and animal fodder. Recently, yeast has garnered attention from the biofuel industry, which uses yeast as a natural fermenting agent to produce bioethanol by fermenting sugars and starches.

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It is also used in agriculture to enhance the nutritional value of fodder consumed by the cattle. It is also used to decontaminate the soil from harmful pollutants. Restaurant chains specializing in baked goods, like pizzas and burgers, rely on yeast for their signature creations. The demand for yeast in the international market has also seen considerable growth due to the recent pandemic, which required increased home baking and cooking activities.

There are various types of yeast varieties in the market. The baker’s yeast is one of the most common and widely used varieties, thanks to its versatile applications within the baking industry. The dry form of yeast contributes significantly to the global yeast market due to its long shelf life, affordability, and easy availability worldwide.

“The market is filled with misconceptions and myths regarding the ill-effects of yeast and yeast-related products. Key players in the market need to strategically plan the branding of yeast so that people become more aware of the products. They can actively take support from the government to promote yeast as it has a lot of nutritional value”, opines Nandini Roy Choudhury, Client Partner at Future Market Insights.

Key Takeaways from the Yeast Market Report:

The yeast market is expected to grow at a modest rate of 4.6% from 2023 to 2033.
Baker’s yeast dominates the global market with an overall revenue share of 33.30%.
The United States of America is the largest consumer of yeast and yeast-related products, with a revenue share of 19.0%.
The Indian yeast market is growing remarkably at 7.1% CAGR. Germany, Japan, and the United States follow it.
China is the highest exporter of yeast and yeast-associated products.

Competitive Landscape in the Yeast Market:

The global yeast market attracts numerous international companies due to the easy availability and acquisition of yeast. The extended shelf life of dry yeast facilitates its storage and distribution worldwide, enabling intense competition among yeast manufacturers on a global scale. The consistency in the procurement process shapes the competitive landscape, as consumers predominantly favor untreated and pure yeast products, resulting in a continuous demand over the years.

Recent Developments in the Yeast Market:

In 2023, Lallemand Biofuels introduced a novel yeast strain known for its high-temperature tolerance, suitable for bioethanol production from diverse feedstock sources.
In 2022, Lesaffre, a renowned yeast producer, introduced a fresh range of organic yeast offerings tailored for the bakery sector.
In 2023, AB Vista, a prominent global yeast manufacturer, announced an innovative yeast strain engineered for enhanced ethanol production from corn.

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Key Companies in the Yeast Market

Associated British Foods plc
Angel Yeast (Chifeng) Co., Ltd.
Lallemand Inc.
Lesaffre International
Oriental Yeast India Pvt Ltd.
AB Mauri Foods, Inc.
Chr. Hansen Holding A/S
Kerry Group Plc
Koninklijke DSM N.V.
Leiber GmbH
Ohly GmbH & Co. KG
Fadayeast.Com
AGRANO Gmbh & Co. KG
Kothari Fermentation and Biochem Ltd.

Key Segments

By Type:

Baker’s Yeast
Bi-ethanol Yeast
Feed Yeast
Wine Yeast
Brewer’s Yeast

By Form:

Dry Yeast
Fresh Yeast
Instant Yeast

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Walnut Milk Market: Earnings Margins, Production Value, and Consumption Demand from 2022 to 2032

The market for walnut milk is projected to grow at a moderate rate between 2022 and 2032, or 8.6% CAGR. The market is anticipated to increase from US$ 365.5 million in 2022 to US$ 810.5 million by 2032, according to FMI.

According to the Future Market Insights walnut milk market study report, the market has risen substantially in recent years coupled with improving consumer demand for organic walnut milk and growing consumer attitude toward a healthier diet.

Walnuts are abundant in high–quality protein and essential fatty acids, which has led to an increase in sales of walnut milk as well as other walnut derivatives. Despite the fact that walnut milk is available in a range of flavors, people actually prefer the neutral flavor or unsweetened walnut milk the most.

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Walnut milk protein is in high demand due to the fact that it is lactose-free and allergy-free. Secondly, a large walnut milk business potential has arisen as a result of the dynamic movement in consumption patterns toward pre-packaged foods and beverages.

Almond and walnut milk protein is rich in Omega-3 fatty acids and has several qualities that help with weight loss, which has increased demand for walnut milk amongst health-conscious people. Besides, it aids in the reduction of stress, the prevention of cardiovascular diseases, and the reduction of obesity and type 2 diabetes, leading to rise of the walnut milk market share in a number of areas.

The COVID-19 crisis is caused a massive slowdown in the supply chain, drop-in business confidence, stock market uncertainty, and an increase in panic among customer segments negatively impacting the global walnut milk market. However with the rising consumer awareness and drop in walnut milk price is predicted to further strengthen the overall market in coming days.

Key Takeaways from Market Study

The net worth of the global walnut milk market size is estimated to be around US$ 247.7 Million in the current year 2022.
The walnut milk market share in China is expected to grow at a CAGR of 6.8% for the forecasted period 2022-2032.
The walnut milk market in the U.S is expected to grow at a CAGR of 6.5% during the forecasted period 2022-2032.
Walnut milk protein is in high demand because it is lactose-free and does not cause allergies. It is also popular due to the health benefits it provides.
The global walnut milk market is divided into flavours such as chocolate, vanilla, unsweetened, original, and other segments.

“Changing lifestyles, rising consumption and production of walnut milk products, and rising disposable income are some of the factors expected to support global walnut milk market revenue growth,” says a lead analyst at Future Market Insights.

Who is winning?

Due to their vast diverse products and constant industry innovation, the top players dominate a significant piece of the global walnut milk market. As a business strategy, the walnut milk market key players have been seen focusing on product introduction, promotion, collaboration, integrations, and acquisitions to build their position in several marketplaces.

Some of the prominent walnut milk market players include Alpine Pacific Nut Co, Grower Direct Nut Co. Inc., Guerra Nut Shelling Co Inc., Poindexter Nut Company, Andersen Shelling Inc., Webster Limited, Mariani Nut Company Inc., Haleakala Walnut Shelling Inc., and Kashmir Walnut Group.

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Future Market Insights, in its new offering, provides an unbiased analysis of walnut milk presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Walnut Milk Market by Category

By Flavor, Walnut Milk Market is Segmented as:

Original
Chocolate
Vanilla
Unsweetened
Others

By Distribution Channel, Walnut Milk Market is Segmented as:

Supermarkets/Hypermarkets
Specialty Stores
Convenience Stores
Online
Others

By Region, Walnut Milk Market is Segmented as:

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

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Key Questions Answered in the Report

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What is the Expected Value of the Walnut Milk Market by 2032?
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About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse Other Reports: https://www.futuremarketinsights.com/reports
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