Market Research Blog – Page 1692 – New Product Development

Citrus Gummies Market Poised for Expansion, Expected to Hit USD 304.1 Million by 2033, Reports Future Market Insights Inc.

Citrus gummies have emerged as a popular and delicious alternative to traditional vitamin supplements, captivating the market with their tangy flavors and nutritional benefits. As consumers become more health-conscious and seek enjoyable ways to incorporate essential nutrients into their diets, the citrus gummies market has experienced a significant surge in demand.

The global citrus gummies market is expected to be valued at US$ 194 million in 2023 and reach a valuation of US$ 304.1 million by 2033. The demand for citrus gummies is estimated to grow at a steady 5% CAGR.

The global citrus gummies market is driven by several factors, with the increasing prevalence of communicable diseases being a key one. The growing incidence of communicable diseases, such as colds, flu, and other viral infections, weakens the immune system, and this is why citrus gummies are in high demand. These gummies are known to boost immunity and help in maintaining overall health, making them popular among consumers looking to improve their immune systems and ward off diseases.

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The growing popularity of veganism is also driving the demand for citrus gummies that are free from animal products. As more people adopt vegan lifestyles, manufacturers are responding by using plant-based ingredients and labeling their products as vegan-friendly.

In addition, consumers are more aware of the ingredients in the food products they consume and are seeking clean label products. Citrus gummies are perceived as healthier alternatives to traditional supplements, as they are made from natural ingredients and are largely free of harmful chemicals. This growing consumer focus on clean label products is driving the demand for citrus gummies.

Finally, the expanding distribution channels are driving the adoption and growth of conventional citrus gummies in the global market. These gummies are now available through various distribution channels, such as supermarkets, online platforms, and drug stores, making them easily accessible to consumers. This increased availability is expected to drive their adoption and growth in the global market.

Overconsumption of citrus gummies can lead to side effects such as vomiting, diarrhea, and dehydration. These side effects tend to be more severe among children, necessitating guardians to monitor their consumption.

Citrus gummies that are gluten-free, dairy-free, and allergen-free tend to be more expensive to produce due to the limited availability of raw materials. This can result in higher prices for consumers and narrow the profit margins for manufacturers.

Citrus gummies typically contain high levels of sugar, which can be a concern for consumers, particularly those with diabetes or other health conditions that require them to limit their sugar intake. The high sugar content of citrus gummies can also contribute to tooth decay and other health problems.

Key Takeaways

North America is expected to remain a prominent region in the market, driven by the high incidence of autoimmune diseases and subsequent demand for nutritious food products.
Organic citrus gummies are expected to be a flourishing trend, with more market players expanding their product portfolios and production capacities to facilitate production of organic citrus gummies.
Durable and attractive packaging is considered a crucial factor influencing consumer behavior while purchasing, and manufacturers are focusing on attractive designs to grab consumer attention.
Restraints of the market include the high sugar content of citrus gummies, which may restrict adoption among diabetic patients, and the high cost of production associated with gluten-free, dairy-free, and allergen-free citrus gummies.
The expanding distribution channels, such as supermarkets, online platforms, and drug stores, are driving the adoption and growth of citrus gummies in the global market.

Competitive Landscape

The competitive landscape of the citrus gummies market is highly fragmented, with a large number of small and large players operating in the market. Some of the key players in the market include Pfizer Inc., Bayer AG, The Honest Company, Inc., Zanon Vitamec, Nutritional Brands, and Life Science Nutritionals, among others.

The market is witnessing significant investments from both established players and start-ups in R&D activities, product innovation, and expanding their geographical footprint.

Several start-ups are also emerging in the market, with a focus on developing unique and innovative products to cater to the evolving needs of consumers. Some of the notable start-ups in the citrus gummies market include OLLY, SmartyPants Vitamins, and Sundown Naturals, among others.

Overall, the market is highly competitive, and players are focusing on product differentiation, innovation, and expanding their distribution channels to gain a competitive edge.

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Key Segments

Nature:

Organic
Conventional

Customer Orientation:

Children
Adult

Packaging:

Bottles & Jars
Stand-Up Pouches
Others

Sales Channel:

Direct Sales
Modern Trade
Convenience Stores
Departmental Store
Specialty Store
Drug Store/Pharmacies
Online Retailers
Other Sales Channels

Region:

North America
Latin America
Europe
Japan
Asia Pacific except Japan (APEJ)
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 5000 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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Electric Heated Shoes Market: Expected to Grow at a CAGR of 6.8% by 2033 | FMI

As of 2023, the electric heated shoes market is projected to generate US$ 4.14 million. According to FMI, the market is expected to grow at a CAGR of 6.8% during the forecast period, reaching US$ 7.99 million by 2033.

With advancements in technology, batteries, and the increasing demand for eco-friendly materials, the electric heated shoes market is poised for rapid expansion. Particularly in colder regions, there is anticipated robust growth in the demand for non-rechargeable electric heated shoes, slippers, socks, and outerwear. Additionally, the emergence of technologies like USB-enabled and Bluetooth-enabled electric heater shoes will bolster the market growth for electric heated footwear.

The electric heated shoes designed for its applications in the geographical areas where the temperature is below zero degrees during all day and night. These areas include the northern part of North America, Europe, East Asia, and most importantly geographical area at the North Pole and the South Pole of the earth.

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The research and technological advancement in the production of new and innovative electric heated shoes have a higher supply of electric heated shoes in these dominating markets.

The countries from Asia regions have very limited access and demand for electric heated shoes as most of the countries in the Asia Pacific regions have warm climatic conditions throughout the year.

The electric heated shoes have the utmost importance in the cold regions as they are proven to be most effective and efficient to keep the foot warm is such freezing temperature.

The sensor called a negative temperature coefficient sensor is used to determine the outer temperature and an electrical circuit and module control the inner temperature of the footwear proportionally.

Global Electric Heated Shoes Market: Regional Outlook

The demand for electric heated shoes is dominated by northern regions of Europe and America respectively backed by both production and usage in these regions.

The research and technological advancement in the production of new and innovative electric heated shoes have a higher supply of electric heated shoes in these dominating markets.

The countries from Asia regions have very limited access and demand for electric heated shoes as most of the countries in the Asia Pacific regions have warm climatic conditions throughout the year.

The improved material quality and use as well as adaptation of advanced technology and increasing penetration of electric heated shoes in the footwear industry will further support the global electric heated shoe market in these regions.

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Key Players

The market participants operating in the global electric heated shoes market are identified across the value chain include

Volt Electric
ValueRays
ThermaCELL
Snookiez
Shantan
HMSPACE
Warmer Shoes
Kamlif

Opportunities for Market Participants in the Global Electric Heated Shoes Market

The demand for electric heated shoes is increasing from the customers living in the cold regions of Europe and North America.

The electric heated shoes are one of the most effective product for the customers to ensure their foot keep remain warm in the cold weather where the temperature often falls below zero degree Celsius.

The demand for electric heated shoes is also increasing form the tourism industry, as the people who are not familiar with very cold weather and regions are dependent on the electric heated shoes to keep their feet warm in such freezing temperatures.

The people around the globe are following the emerging trend of exploring the northern countries with very cold climatic conditions.

These countries are becoming the most attractive tourist destinations for travel enthusiastic people around the globe. Such an increase in tourism in the cold regions is creating more lucrative opportunities for the manufacturers to target these customers seeking for electric heated shoes in the market.

Market Segmentation

By Footwear type

Electric Heated Boots
Electric heated Slippers
Others

By Product Type

Rechargeable
Non-rechargeable

By region

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

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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Disposable Bed Sheets Market: Projected Growth with a Remarkable 6.8% Double-Digit CAGR by 2034

By the end of 2034, the global disposable bed sheets market is forecasted to achieve a remarkable double-digit Compound Annual Growth Rate (CAGR) of 6.8%, reaching a market value of US$ 758.2 million.

Disposable bed sheets are carefully developed to deliver comfort and infection prevention. The manufacture of disposable bed sheets decreases contamination risk associated with linen laundering. In addition, rising demand for hypoallergenic and eco-friendly disposable sheets in hospitals and nursing homes is increasing the world market value of disposals bedsheets.

The disposable bed sheets market in North America is poised for significant growth, fueled by rising demand within healthcare and hospitality sectors across the region. With a robust healthcare infrastructure and numerous hospitals, nursing homes, and long-term care facilities, there’s a heightened need for disposable bed sheets in medical settings.

Similarly, within the hospitality industry, including hotels, motels, and resorts, disposable bed sheets are increasingly preferred to ensure a clean and hygienic environment for guests. This escalating adoption of disposable bed sheets within these sectors is anticipated to propel market expansion in North America.

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Business Growth Drivers:

Hygiene Concerns: Growing awareness about hygiene and sanitation, particularly in healthcare settings, is a significant driver for the disposable bed sheets market. Hospitals, clinics, and nursing homes prefer disposable sheets to minimize the risk of cross-contamination and infections.
Convenience and Time-saving: Disposable bed sheets offer convenience to users by eliminating the need for laundering, thus saving time and resources, especially in high-traffic environments like hotels, hostels, and temporary shelters.
Rise in Travel and Tourism: The expanding travel and tourism industry fuels the demand for disposable bed sheets in hotels, motels, resorts, and cruise ships. These establishments often opt for disposable linens to ensure quick turnover and maintain cleanliness standards.
Eco-friendly Alternatives: Increasing consumer preference for eco-friendly and sustainable products drives innovation in the disposable bed sheets market. Biodegradable and compostable options are gaining traction as they address environmental concerns while offering the convenience of disposability.
Pandemic Impact: The COVID-19 pandemic has heightened the importance of infection control measures, leading to a surge in demand for disposable bed sheets across various sectors, including healthcare facilities, quarantine centers, and emergency shelters.

Industry Restraints:

Cost Considerations: While disposable bed sheets offer convenience, they can be more expensive in the long run compared to traditional reusable linens. Cost-conscious buyers, especially in budget-sensitive sectors like hospitality, may hesitate to fully adopt disposable options.
Environmental Impact: Despite the availability of eco-friendly alternatives, the disposal of used disposable bed sheets contributes to environmental pollution. Concerns about plastic waste and landfill usage pose challenges to the widespread adoption of disposable bed sheets.
Perceived Quality: Some consumers associate disposable bed sheets with lower quality and comfort compared to traditional fabrics like cotton or linen. Overcoming these perceptions and ensuring consistent product quality are essential for market growth.
Regulatory Compliance: Compliance with regulations and standards regarding the production, labeling, and disposal of disposable bed sheets can be complex and costly for manufacturers. Adhering to stringent requirements adds to the operational challenges in the industry.
Limited Application: While disposable bed sheets are well-suited for certain industries such as healthcare and hospitality, their usage may be limited in residential settings or luxury accommodations where customers prioritize comfort and aesthetics over disposability. Expanding market penetration beyond core sectors presents a challenge for industry players.

As a recent trend, it has been observed that the increasing use of disposable bed sheets are emerging in home for quick and one time usage and protection from incontinence and spills. Eco-friendly disposable bed sheets are on rise and are emerging in the market. The growing trend of using ecofriendly product has pushed the manufacturers to come up with ecofriendly disposable bed sheets.

Disposable Bed Sheets Market: Regional Outlook

The disposable bed sheets are gaining traction owing to high demand in hospitals, nursing homes, clinics and salon & spa. The need for disposable bed sheets are primarily derived from developed countries such as North America and Europe. Growing number of hospitals in developed regions are expected to drive the sales of disposable bed sheets.

Moreover, hygiene conscious consumers also fuel the usage of disposable bed sheets in salon & spa which is expected to further drive the demand for disposable bed sheets in developed region. East Asia and South Asia is expected to grow at a significant pace during the forecast owing to increasing number of healthcare facilities in the region.

Moreover, growing medical tourism in China, India have also pushed the Asia Pacific sanitary market which in result, drive the disposable bed sheets in East Asia and South Asia. Oceania is expected to boost the disposable bed sheets market owing to higher demand in healthcare facilities. Advance healthcare infrastructure and growing hygiene awareness among consumers have fueled the usage for disposable bed sheets in the region.

Latin America is also expected to gain a significant market share while Middle East and Africa (MEA) is expected to grow slower than other regions due to slower development of healthcare facilities as compared to other regions.

Disposable Bed Sheets Market: Key Players

The global disposable bed sheets market represents a fairly consolidated competition landscape, where a majority of key players maintain their strategic focus on innovation and new product development. Some of the key players in disposable bed sheets market are

Medline Industries, Inc.,
3M Healthcare,
BM plus spol. s r.o.,
Medisafe,
Jaipur – Jackson Care,
EconoGroup,
Beaucare DermeandCo. and
others.

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Market Segmentation

The disposable bed sheets market is segmented into different categories based on the product type, nature, price, application, sales channel and region.

Based on product type

Waterproof
Oilproof
Non-Woven

Based on nature

Eco-friendly disposable bed sheets
Regular disposable bed sheets

Based on price

High
Economy/Mid-Range

Based on application

Home
Salon & Spa
Hospital
Other

Based on sales channel

Direct Sales
Supermarkets/Hypermarkets
Pharmacies & Drug Stores
Specialty Outlets
Independent Small Stores
Beauty Specialist Stores
E-Retailers
Other Sales Channel

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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Citrus Water Industry Forecasts 17.1% Annual Growth, Surpassing USD 51.9 Million by 2033

The citrus water market is expected to increase from US$ 10.59 million in 2023 to US$ 51.9 million in 2033.

The Use of Citrus Water as a Fragrance in Cosmetics Amplifies Production Globally

Citrus water is used to increase flavor in the food sector. It is mostly used to manufacture candies in the confectionery business. Citrus water also adds a tangy flavor to stews, soups, and other types of prepared foods. Citrus water is often used to make a variety of drinks. These elements are expected to increase the global citrus fruit market’s revenue growth prospects.

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Citrus concentrates have applications in personal care products, which is predicted to have a favorable impact on this market. Individuals’ preference for organic and healthy food choices is also predicted to boost revenue growth in this target market during the forecast period.

An increase in the consumption of sugar-free citrus water has been noticed, which is expected to create extra demand and present profitable prospects for market participants to expand their respective product offers. Sadly, the cost can be a substantial barrier to consumer acceptance, which could have a negative impact on this market to some extent.

This market’s manufacturing, distribution, and sales channels were all affected. Yet, according to sales statistics from several industry players, organic and functional beverages outperformed carbonated drinks in terms of revenue contribution to various food and beverage enterprises throughout the pandemic. This pattern is likely to persist.

Consumers are increasingly interested in sustainable or biodegradable packaging choices. This is expected to provide new opportunities for players and boost revenue growth in this market over the forecast period.

Key Points from the Citrus Water Market

Consumer inclination for healthy alternatives to sugary soft drinks is one of the key elements driving the citrus water market’s rise.
The market size is anticipated to be US$ 10.59 million in 2023.
The citrus water market is expected to capture a CAGR of 17.1% during the forecast period 2023 to 2033.
North America dominated the citrus water market.

Key Developments in the Citrus Water Market

In 2019, Ball Corporation collaborated with Danone to launch L’mon, a new sparkling canned beverage.
In 2019, Limoneira, a citrus corporation based in the United States, announced the conclusion of a joint venture and land acquisition with FGF Trapani (FGF). The agreement allows Limoneira to expand its reach in Argentina and ensures a 365-day, 24-hour fruit supply.
July 2021 – National Beverage Corporation, an American beverage maker, introduced three new sparkling water flavors under the LaCroix brand. The effervescent waters include no calories or sugar.
May 2021 – PepsiCo Inc., a renowned global food and beverage corporation, debuts Soulboost, an enhanced sparkling water beverage enriched with functional ingredients. The drink comes in two flavors: blueberry pomegranate and black cherry citrus, which contain 200 mg of ginseng to aid in mental stamina, and blackberry passion fruit and strawberry rose, which contain 200 mg of theanine to aid in relaxing.
June 2022 – Bickford & Sons, a South Australian business, introduced new tonic water. Tonic water is prepared from natural elements such as carbonated water, quinine, and sugar or a natural sweetener.
March 2022 – Schweppes, a Coca-Cola Company brand, introduced a new premium 600 ml glass container. The drink comes in three flavors: Indian Tonic, Slimline Tonic, and Elderflower.

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Key Segments

Product Type:

Economic
Premium

Source:

Lemon
Orange
Lime
Grapefruit
Mixed

Packaging Format:

Glass Bottles
Tins
Plastic Bottles
Other

Distribution Channel:

Modern Trade
Specialty Stores
Convenience Stores
Commercial Market
Hotels/Restaurants/Bars
Online Retailers
Others

About Future Market Insights (FMI)

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

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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Pea Starch Concentrate Market Set to Achieve USD 1987.4 Million by 2033, According to FMI Report

The global pea starch concentrate market is expected to be valued at US$ 1247.5 million in 2023 and reach a valuation of US$ 1987.4 million by 2033. The demand for pea starch concentrate is estimated to grow at a steady 4.8% CAGR.

Pea starch concentrate is a rapidly emerging market segment within the global food and beverage industry. Derived from yellow peas, this natural ingredient has gained significant traction as a versatile and sustainable alternative to traditional starches. The increasing demand for plant-based and clean-label products has been a major driver for the growth of the pea starch concentrate market.

There has been a huge uptick in the use of pea starch in both the food and starch industries around the world. Pea starch is widely used for many reasons, including its key performance and functional benefits, which range from simple processing to firm gels. Without sacrificing the food’s color or flavor, pea starch satisfies consumers’ demands for foods with great texture and flavor that is made with clean labeling and recognizable ingredients.

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During the forecast period, opportunities may arise for the global pea starch market due to rising demand from the pet food industry and ongoing developments in the food and beverage industries.

Increasing pea starch demand is being fueled by consumers’ penchant for allergen-free fare

Clean-label alternatives to modified starches have been developed and received more attention as health-conscious consumers around the world demand healthier food options. Clean-label starches are in high demand around the world because of the growing consumer preference for natural, minimally processed, additive- and antibiotic-free foods. The introduction of processed food items with pea protein as an ingredient increased dramatically in response to the rising demand for such foods. Since the demand for pea protein has been met, the supply of pea-based products derived from fiber and starch has increased.

The global pea starch market is expanding rapidly due to the growing demand for plant-based food options, nutritional supplements, and flexible eating patterns. As more and more people learn about the health risks associated with eating meat and dairy, the trend towards vegetarianism and the power of social media is having a significant impact on the expansion of the market. The increased demand for pea starch is a result of the increased demand for foods with higher nutrient density. With more people being diagnosed with food allergies like lactose intolerance and intolerance to meat, people are looking for healthier alternatives.

Key Takeaways

The demand for plant-based protein products is increasing globally, creating a growth opportunity for pea starch concentrate.
Pea starch concentrate is a sustainable and eco-friendly alternative to other starches, such as corn and potato starch.
The use of pea starch concentrate in pet food is on the rise as manufacturers seek to meet the growing demand for natural and healthy pet food products.
Pea starch concentrate is finding applications in the cosmetics and personal care industry as a natural and sustainable ingredient.
There is a trend towards sustainable packaging solutions, and pea starch concentrate is being explored as a potential sustainable packaging material.
Pea starch concentrate is being increasingly used as a functional ingredient in a variety of food products, including bakery, confectionery, snacks, and meat products.
The growing trend towards gluten-free and vegan foods is boosting the demand for pea starch concentrate.

Competitive Landscape

The pea starch concentrate market is a fast-growing segment in the food and industrial ingredients industry, driven by its functional and nutritional properties. Pea starch concentrate is a versatile plant-based ingredient used in various applications, such as food, feed, and industrial uses. Its popularity stems from its unique properties, including its thickening, gelling, and binding abilities, as well as its nutritional benefits, such as being gluten-free, non-GMO, and allergen-free. As a result, it is increasingly being sought after as a natural and sustainable alternative to traditional ingredients.

Despite its growth potential, the pea starch concentrate market is relatively fragmented, with several small and medium-sized players operating in the market. However, there are a few dominant players that hold a significant share, including Roquette Freres, Emsland Group, Vestkorn Milling AS, Cosucra Groupe Warcoing SA, and Shandong Jianyuan Group. These companies have established themselves as key players in the market, leveraging their expertise and extensive distribution networks to stay ahead of the competition.

On the other hand, several emerging startups are entering the market with innovative products and technologies, leveraging advanced processing technologies and exploring new applications for pea starch concentrate to meet the growing demand for plant-based and clean-label ingredients. Notable startups in the pea starch concentrate market include PURIS, AGT Foods, Nutri-Pea, and Vestkorn, among others. These startups are disrupting the market with new and innovative products and technologies, making the pea starch concentrate market more dynamic and competitive.

Recent Developments

Gillco Ingredients and COSUCRA Inc., the American arm of COSUCRA Groupe WarcoingS.A., signed a distribution pact in May of 2021. The NASTAR native pea starch, SWELITE pea cell-wall fiber, and PISANE Organic pea protein are just a few of the specialty ingredients made from peas that Gillco is expected to be distributed to its end customers in the United States.
Delpharm Evereux and Roquette Frères teamed up in March 2021 to create a plant-based shell for a soft gel capsule. Vegetarian softgel made from hydroxypropyl pea starch, carrageenan, and other functional ingredients; formulated using Roquette’s LYCAGEL pea starch soft gel technology.
In March of 2021, Ingredion expanded its offerings of plant-based ingredients with the introduction of VitessensePulse 1853 pea protein isolate and Purity P 1002 pea starch. Each component comes exclusively from farms in North America that practice sustainable agriculture. Native to the United States, Purity P 1002 pea starch is a versatile ingredient that can be used to create the perfect texture in a wide variety of plant-based cheese, gelatin-free candy, and gluten-free baked goods.

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Key Segments

Product Type:

Yellow Peas
Green Peas

Nature:

Organic
Conventional

End-Use:

Sups & Sauces
Confectionery
Bakery
Breakfast Cereals
Ice-Cream & Desserts
Pasta & Noodles
Snacks & Savory
Processed Meat Products
Animal Feed
Pet Food
Pharmaceuticals

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Sports Inspired Clothing Market Set to Reach Valuation of US$ 4,75,689.7 Million by 2034: Global Trends and Projections

The global sports-inspired clothing market is estimated to register a CAGR of 4.20% during the forecast period. In 2024, the global market is likely to capture a valuation of US$ 3,15,035.4 million and reach US$ 4,75,689.7 million by 2034.

The increasing demand for sports-inspired clothing is driven by growing innovations, evolving technologies, and changing trends. Consumers are increasingly drawn to adopting the personas of sports personalities and other individuals, fueling a significant trend in the global market. The growth of the global market is being underscored by the emergence of new trends in sports-themed clothing.

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Prominent athleticwear brands are offering high-quality and long-lasting clothing that is preferred among customers with various price ranges, increasing the demand for sports-inspired clothing such as hoodies, t-shirts, and designer track pants. Moreover, several brands are associated with celebrities and supermodels to attract public attention and engage more audiences.

“Oversized essentials with body-sculpting texture material is the current among the population. Moreover, a significant surge in tennis dress along with flattering accessories is shifting the preferences of consumers on sportswear and likely to create opportunities for market players“, opines Sneha Varghese, Senior Consultant, of Consumer Products & Goods at Future Market Insights (FMI).

Key Takeaways:

The sports inspired clothing market is registering a CAGR of 4.20% between 2024 and 2034.
The United States is expected to register a CAGR of 0.014% by dominating the global market by 2034.
India is anticipated to capture a CAGR of 2.80% of the global market by 2034.
Germany is anticipated to register a CAGR of 0.016% till 2034.
China significantly drives the market with a growth of 1.90% through 2034.
With a CAGR of 0.018%, the United Kingdom is rapidly advancing globally.
The upperwear category is estimated to lead the global market during the forecast period.
The adult category is likely to register a maximum share in the global market by 2034.

Key Players in the Sport Inspired Clothing Market

Key players invest heavily in developing cost-effective, customized products to drive the global market. These players focus on consumers’ expectations and present comfortable yet outdoor looks with various colorful signatures.

A significant surge in yoga and athleticwear is driving the demand for tennis dresses and other fitness pieces. Key players are uplifting the global market revenue through promotion on social media platforms.

Key players are engaged in research and development to offer high-performance clothes that can add basics to their portfolio. They promote their brand through various channels, trade shows, exhibitions, and online platforms. These existing players are likely to fuel the global market with new essentials, eco-friendly fabrics, and new technologies for recycling.

Key Players in the Sports Inspired Clothing Market

Nike
Adidas
Reebok
Lululemon Athletica
Fabletics
Outdoor Voices
Olympia Activewear
Vie Active

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Key Segments in the Sports Inspired Clothing Market

By Types:

Tops & T-Shirts
Hoodies & Pullovers
Jackets & Vests
Pants & Tights
Shorts
Skirts & Dresses
Sports Bras
Accessories
Others

By End User:

Adult
Kids

By Distribution Channel:

Hypermarket/Supermarket
Specialty Stores
Brand Stores
Independent Stores
Online Store
Others

By Region:

North America
Europe
Latin America
Asia Pacific
Middle East & Africa

About the Consumer Product Division at Future Market Insights (FMI)

Expert analysis, actionable insights, and strategic recommendations – the consumer product team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and one million+ data points, the team has analyzed the consumer product industry lucidly in 50+ countries for over a decade. The group provides end-to-end research and consulting services; reach out to explore how we can help.

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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Casein Market Projected to Reach USD 4.9 Billion by 2033

The casein market has witnessed significant growth in recent years, driven by the increasing demand for dairy products, especially in the food and beverage industry. Casein, a protein found in milk, has found versatile applications in various sectors, including food and beverage, pharmaceuticals, cosmetics, and industrial applications.

In 2023, the global casein market was worth US$ 2.7 billion. The market is predicted to increase at a CAGR of 6.3% from 2023 to 2033, reaching a value of US$ 4.9 billion by 2033.

Increasing industrial adoption of casein is driving casein market expansion over the forecast period. The growing relevance of protein in the diet is expected to boost casein market growth.

The growing global demand for protein-enriched foods is expected to drive casein market growth. This is due to increased awareness of the benefits of protein, such as weight loss and muscle gain.

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Caseins are also becoming more popular in general nutrition due to their great ability to release amino acids gradually. Rising global cheese demand is expected to accelerate the expansion of the casein markets.

Price Hikes for Raw Materials May Hamper Market Growth

Consumer preferences for plant-based protein over dairy-based protein are likely to limit the market growth of caseins. Another key restraining factor for the casein market is the variable supply of the product around the world, which is expected to further impede market expansion for casein.

Increasing manufacturing costs and raw material prices for the production of casein are expected to impede market expansion for casein during the forecast period.

Asia Pacific is Projected to Offer the Largest Casein Market Opportunity

The casein market is being driven by rising disposable incomes and increased consumer health consciousness. The market may benefit from the expansion of big firms in important emerging economies. In the Asia Pacific region, India and China give significant growth potential for the industry’s leading producers.

The two countries’ rising populations are assisting industry expansion in the Asia Pacific area, particularly in the pharmaceutical and food & beverage sectors. The Asia Pacific region’s robust expansion is projected to have a beneficial impact on the global casein market.

The increasing number of R&D activities conducted by corporations and expanding developments in the industry are projected to move the industry forward.

Key Takeaways

Through 2033, the flavouring agent market is expected to grow at a function-type CAGR of 6.2%.
In terms of end use over the forecast period, the market segment for food processing has the highest CAGR of 6.1%.
By 2033, the United States market for casein may have climbed by 5.2% CAGR, reaching US$ 1.5 Bn.
The United Kingdom market may have expanded at 5.5% CAGR by 2033, reaching US$ 228.5 Mn.
China market might have developed at a 7.3% CAGR by 2033, expected to reach US$ 421.2 billion.
Japanese market for casein is predicted to grow at a 5.7% CAGR by 2033, reaching US$ 355.8 billion.
South Korean market for casein is expected to expand at a 6.7% CAGR by 2033, reaching US$ 198.5 billion.

Competitive Landscape

Acquisitions and partnerships and collaborations were among the inorganic growth tactics observed in the market. With the increasing demand for casein in global market, market players are expected to benefit from attractive growth prospects in the future.

Nestlé, Danone, Arla Foods, Groupe Lactalis, Friesland Campina, Fonterra, and Westland Milk Products are among the market’s significant participants.

Recent Developments

Fonterra

The firm opened its new dairy ingredient plant in Heerenveen, the Netherlands, in February 2015. This new facility will manufacture whey and lactose specialty ingredients for use in paediatric, maternity, and sports nutrition products.

Saputo

In May 2015, the company bought Lion-Dairy & Drinks Pty Ltd.’s daily cheese business in Australia. Warrnambool Cheese and Butter Factory Company Holdings Limited, the company’s Australian affiliate, made the purchase (WCB). This acquisition will assist WCB in expanding its foothold in the Australian cheese products market.

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Given Below are the Casein Market Segments

By Derivatives Type:

Sodium Caseinate
Calcium Caseinate
Potassium Caseinate

By End-Use:

Food
Yogurt
Cheese Processing
Ready-to-eat Meals
Dairy Products
Coffee Whiteners
Confectionary
Sauce & Seasoning
Meat Processing (Sausage)
Meat Products
Beverage
Pharmaceuticals
Infant Nutrition
Clinical Nutrition
Sports Nutrition
Personal Care
Skin Care
Hair Care
Cosmetics
Agriculture/Animal Feed/Poultry
Other Industries

By Function Types:

Texturizing Agent
Flavoring Agent
Coating Agent
Binding Agent
Emulsifying Agent
Heat Stabilizing Agent

By Region:

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

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Children Mattress Market: Expected to Reach US$ 4,473.4 Million by 2034, Unveiling Growth Trends and Opportunities

In 2023, the value of the children mattress market was US$ 2,446.8 million, and it is estimated to be valued at US$ 2,594.5 million in 2024. Over the period from 2024 to 2034, sales of children mattresses are expected to increase at a CAGR of 5.6%. By 2034, the value of the children mattress market is projected to reach US$ 4,473.4 million.

Trends in the Children Mattress Market

Manufacturers acknowledge the diverse needs of children across different age groups, leading to the production of a variety of products tailored for infants, toddlers, and other age brackets.
The market offers a wide range of children mattresses with different types and features, catering to various preferences and requirements.
Experimentation with materials and customization options contribute to the diversity of children mattresses available in the market.
Manufacturers prioritize making their products visually appealing to children by incorporating eye-catching designs and themes.
The aim is to capture the interest of young consumers and foster brand loyalty from an early age, driving sustained demand for children mattresses.

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Manufacturers are coming up with mattresses which focuses on the specific demographic segment. For instance, children mattress are being availed specifically for toddlers and infants. Children mattresses are intended to provide a safe, comfortable sleeping surface and all the basic structures such as the core, padding, flame retardant materials and chemicals and the covering.

Global Children Mattress Market: Reasons for Covering this Title

Today’s parents take special care and concern on their newborn babies and toddlers in every aspect of their daily routine life. No matter when it comes to food, clothing as well as the mattress that the children have been taken into special consideration by parents.

Owing to which not only the mattress manufacturers, several government bodies have taking steps and supporting the right cause of parents to provide a safe and hygienic environment to grow and nurtures.

Manufacturers have been designing children mattress which caters and satisfy the needs and demands of its target segment by coming up several varieties of children mattresses such as foam mattress, toddler mattress and crib mattress with additional customization. Manufacturers have been strategizing on coming up with new features from time to time on its children mattress which not only gains the trust of existing customer but also increases its customer base in the global market.

Key Players

Some of the key players operating in the global Children Mattress market are Tuft and Needle, Inter IKEA Systems B.V., Delta Children’s Products Corp., John Lewis plc, Dreams Limited, Hunker, Bed King, Simmons among others.

Children Mattress Market

In 2018, Delta Children’s Products Corp. launched their BeautySleep KIDS by Delta Children twin and full-size mattresses.
In 2017, Baby Trend launched first fully ventilated crib mattress with high-tech breathable mesh that ensures safe sleep for infants and toddlers.
In the U.S., all mattress are required to meet federal standards in the view to reduce the risk of catching fire. For mattresses designed for infants and children, additional chemical testing may be required to prevent exposure to potentially hazardous chemicals.

Opportunities for Children Mattress Market Participants

The global children population is said to be 1.99 billion. In the United States, there is 74.2 million number of children under the age of 18. Owing to the factors such as a considerable number of children in the United States, consumers’ adoption of clean and hygienic lifestyle and rise in per capita income of the country, paves way for critical opportunity for global children mattress market to gain traction and simultaneously increase its customer base.

Apart from U.S., countries such as China, India, UK as well as Australia have a higher number of children population under the age of 15 which suggest global children mattress higher scope of generating sales in terms of value sales.

Brief Approach to Research for Children Mattress Market

FMI will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, formats, and application of the coconut water concentrate segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period.

The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Children Mattress market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

An overview of the Children Mattress market, including background and evolution
Macroeconomic factors affecting the Children Mattress market and its potential
Children Mattress Market dynamics, such as drivers, challenges, and trends
Detailed value chain analysis of the Children Mattress market
The cost structure of the products and segments covered in the study for Children Mattress Market
In-depth pricing analysis, by key product segments, regions and by major Children Mattress market participants
Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario for Children Mattress
Analysis of the Children Mattress market structure, including a tier-wise categorization of key market participants
Competitive landscape of the Children Mattress market, including detailed profiles of the top players in this market

The research report presents a comprehensive assessment of the 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 research report provides analysis and information according to market segments such as geographies, application and industry.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
CIS and Russia
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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. The report provides 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.

Global Children Mattress: Market Segmentation

On the basis of types

Foam Mattress
Toddler Mattress
Crib Mattress
Twin Mattress
Others

On the basis of material

Memory-foam
Polyester
Cotton
Fabric
Vinyl
Others

On the basis of the sales channel

Hypermarket/Supermarket
Specialty Stores
Franchise Stores
E-Retailers

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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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Jewelry Organizer Market is Projected to Exhibit a CAGR of 8% During Forecast Period By 2033

In 2023, the jewelry organizer market is forecasted to surge to a worth of US$ 27.5 billion. Furthermore, it is anticipated to demonstrate a remarkable compound annual growth rate (CAGR) of 8% from 2023 to 2033, ultimately achieving a staggering valuation of US$ 69.25 billion by 2033.

More Than Just Storage: Protection and Presentation

Jewelry organizers offer a multitude of benefits:

Safekeeping Valuables: They protect precious jewelry from dust, scratches, and other damaging elements.
Enhanced Security: Retailers are increasingly using organizers with digital or manual locks to deter theft of high-value jewelry.
Elevated Appeal: Beautifully designed organizers showcase and enhance the appeal of jewelry collections.

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Market Growth Drivers

Several factors are fueling the market’s expansion:

Vintage Flair: The rising popularity of antique jewelry is driving demand for appropriate storage solutions.
Growing Affluence: Increasing disposable income allows consumers to invest in both jewelry and its proper storage.
Fashion Forward: A booming global fashion scene creates a demand for stylish jewelry organizers to complement personal style.
Eco-Conscious Consumers: The growing preference for sustainable products is encouraging manufacturers to create eco-friendly jewelry organizers.
Social Savvy: Social media’s influence on younger generations is sparking a renewed interest in jewelry, thus increasing the need for organizers.
Men in the Mix: The rising popularity of jewelry among men is broadening the consumer base for jewelry organizers.

Regional Variations:

North America & Europe: These mature markets prioritize luxurious and artistic jewelry storage solutions.
Asia Pacific: This region is expected to witness the fastest growth due to rising disposable income, e-commerce adoption, and population expansion.
Emerging Markets: Latin America, the Middle East, and Africa hold promising potential due to increasing spending power and a growing desire for luxury goods.

Innovation and Competition

Market players are constantly innovating to stay ahead of the curve:

Eye-Catching Designs: Manufacturers are offering aesthetically pleasing jewelry organizers in various styles and colors to attract consumers.
Functional Features: Advanced designs with compartments, hooks, and mirrors cater to the specific needs of jewelry storage.

A Bright Future

As consumer preferences evolve and the global jewelry market thrives, the jewelry organizer market is well-positioned for continued growth. Manufacturers who prioritize sustainability, innovative design, and functionality are likely to capture a significant share of this flourishing market.

The innovative designs and colours in jewelry organizer are further creating more opportunities for the growth of jewelry organizer market.

The key trend adopted by the players to provide more convenient and handy jewelry organizer to the customers such as smooth finished jewelry organizer, magnetic closures, and safety provision in the boxes further projected to create exponential opportunities for the jewelry organizer market.

However, consistently increasing prices of the jewelry organizer might restrain the market growth up to a certain extent. Additionally, amide COVID 19 pandemic, people are spending more on life-essential products compared to luxury products and jewelry.

Owing to fluctuating economic conditions of many countries, the growth of jewelry organizer market is expected to decline slightly in 2020-2021.

Regional Outlook

The demand for jewelry organizer market is further analyzed based on geography. The market is categorized into Europe, East & South Asia, North America, MEA, Oceania, and Latin America.

It is witnessed that, the people in North America and Europe are spending more on luxurious jewelry products which propel more demand for jewelry organizer.

North America and Europe jewelry organizer markets seem to be a mature market and anticipated to hold prominent market shares during the forecast period. Furthermore, in South and East Asia, striking adoption of jewelry organizer and adequate presence of prominent manufacturers in the regions is bolstering the demand for jewelry organizer.

The key players in the jewelry organizer are increasing their footprints in Latin America and Middle East & Africa as these regions provide opportunities owing to increasing disposable income and more inclination towards maintaining the good lifestyle to some extent. Oceania market is expected to expand with a moderate growth rate during the forecast period.

Key Players

Several regional and unorganized players are expected to contribute to the jewelry organizer market, particularly in the North America and Asia Pacific regions. Thus, the market seems to be very much fragmented and is anticipated to be highly competitive.

Some of the leading manufactures in the jewelry organizer market are listed below:

Ellis James Designs
MISSLO
Kendal
Jack Cube
mDesign
LANGRIA
Vlando
MCKENNA
Umbra

Regional Analysis Includes

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

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Key Segmentations

By Basis of Product Type:

Boxes
Bags and Pouches
Trays
Stands
Armoire
Others (Wallet, Clutches, Rolls, etc.)

By Basis of Material:

Paper and Cardboard
Plastic
Wooden
Others (Steel, Marble, etc.)

By Basis of Sales Channel:

Direct
Indirect
Supermarkets/Hypermarkets
Retail Stores
Others (Online Platform, etc.)

By Basis of Mounting:

Wall mounted
Hanging
Rotating shelf
Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~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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Lentil Protein Industry to Grow at 5.1% CAGR, Reaching USD 208.3 Million by 2033, According to FMI

The global lentil protein market is estimated to have a CAGR of 5.1% during 2023-2033, with a market size of US$ 208.3 million by 2033. The market in 2023 is likely to be around US$ 129.4 million.

Lentils are a part of the legume family, and lentil protein is derived from lentils. Lentil protein is a plant-based protein source with a strong nutritional composition that offers several health benefits. The protein and fiber content in lentils is high, which caters to the increasing awareness of plant-based protein-rich food products leading to a boost in demand for lentil protein.

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The consumer behavior pattern towards food consumption is shifting toward a more affordable and healthy plant-based protein. This shift towards veganism and environmentally friendly nutrition fuels the growth of lentil proteins in developed countries.

According to FMI research, excessive eating of meat may increase the risk of heart disease. This is another consideration that’s driving people to turn towards veganism. Thereby increasing the demand for lentil protein. Approximately 88 million people (about twice the population of California) turn to veganism as of 2023. The rising cases of obesity, diabetes, and heart disease have increased awareness among consumers, and they are actively looking for healthier lifestyle changes, including major changes in their food consumption habits.

Demand drivers of the market

Increasing awareness and growing health consciousness.
Adoption of veganism
Allergen-friendly and food sensitivity considerations
Increasing marketing efforts and education campaigns

Roadblocks in the growth of the market

Competition from other plant-based proteins
Limited consumer awareness about viable alternatives
Price sensitive consumers
Distinct taste and texture

Opportunities available for growth

Collaboration between manufacturers, food processors and food companies.
Expansion into the emerging market regions.
Leverage on the growing health and wellness industry
Incorporation in the food and hospitality industry

Threats in the market

Regulatory hurdles and labeling requirements
Adverse agricultural conditions
Ingredient supply and availability challenges
Competition from other plant-based proteins with strong consumer recognition

Key Takeaways

India is expected to maintain a CAGR of 5.9% through 2033.
The growth in the lentil protein market of Germany in 2022 is calculated to have a CAGR of 9.0%.
The CAGR in the historical period from 2018 to 2022 was 4.1%, which is expected to grow through 2033 to about 5.1%.
The global market size is projected to be about US$ 208.3 million by 2033.

Competitive Landscape

The demand for gluten-free, organic, and vegan food continues to increase worldwide, which would require alternative plant-based proteins, thereby creating a conducive growth environment for market players. In order to leverage the opportunity, market players resort to innovation. However, the production price of lentil protein is higher, which may limit small and mid-level players to an extent.

Europe and North America are expected to continue being key market regions for lentil proteins. These regions show remarkable growth for the players in the market. Companies in Latin America and the Middle East are estimated to drive the market by creating more awareness of plant-based proteins’ health benefits and a healthy lifestyle.

Recent Developments in the Market

A US$ 40 million investment was announced by Roquette Freres Le Romain in its Vic-sur-Aisne facility in June 2018 to increase pea processing capacity and respond to a rapidly growing market.
In May 2019, a joint venture partnership with an investor group to build a new US$ 65 million commercial production facility for pea and canola proteins in Western Canada by Burcon NutraScience Corporation.

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Key Segment

By Product Type:

Protein Isolates
Protein Concentrates
Flour
Other Product Types

By Nature:

Organic
Conventional

By End Use:

Food Processing
Bakery & Confectionery
Meat Alternatives
Functional Foods
Dairy Replacements
Infant Foods
Other Food Applications
Animal Feed
Pet Food
Aquafeed
Nutraceuticals
Sports Nutrition
Infant Nutrition

By Processing Type:

Dry Processing
Wet Processing

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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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