Vitamin Supplement Market Surge: Projected to Reach USD 133.94 Billion by 2033 with an 8.8% CAGR

The global vitamin supplement market is anticipated to capture a valuation of USD 57.63 billion in 2023 and USD 133.94 billion by 2033. The global market is likely to secure a CAGR of 8.8% during the forecast period.

Several factors are fueling this growth, including increasing health awareness, a growing aging population, dietary gaps, rising disposable income, and the surging e-commerce sector. These factors collectively drive the demand for vitamin supplements across various demographics and regions, presenting lucrative opportunities for investors.

Key Takeaways:

  • The vitamin supplement market is registering a CAGR of 8.8% between 2023 to 2033.
  • The United States is expected to register a CAGR of 3.6% by dominating the global market by 2033.
  • Germany significantly drives the global market with a CAGR of 4.3%.
  • With a CAGR of 7.4%, Japan is rapidly advancing in the global market.
  • Australia is anticipated to capture a CAGR of 5.6% in the global market by 2033.
  • With a CAGR of 6.1%, China is likely to boom the global market by 2033.
  • Multivitamin supplement type is estimated to lead the global market during the forecast period.

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Latest Trends in the Vitamin Supplement Market

Several factors are increasing the global market trends. A few of these latest trends in vitamin supplements are as follows:

Immune Health Focus: Consumer are increasing the demand for better alternatives to boost their immune health and are increasing the adoption of vitamin supplements.

Vitamin D Supplement: The growing popularity of consuming vitamin D to enhance immune health is increasing the demand for vitamin supplements. These supplements improve patients’ health and better outcomes.

Sustainable Sourcing: Growing awareness towards environmental impacts is promoting sustainability with the adoption of natural ingredients. Consumers are seeking eco-friendly practices, increasing the demand for vitamin supplements.

Clean Labeling: The growing trends of clean labeling are avoiding artificial additives, fillers, and colors are expanding the global market trends.

Personalized Nutrition: Key companies are offering personalized nutrition to their consumers to balance their nutrition diet by changing habits and lifestyles. These nutrients offer an abundance of vitamin blends to improve consumers’ well-being.

Elderly Population: The rising global aging population are targeting a vast quantity of vitamin supplements to improve bone health and weakness and boost energy.

Children’s Supplements: Parents prefer vitamin supplements to improve children’s immune systems and develop their growth.

Antioxidants: Consumers are rapidly increasing the adoption of vitamin supplements due to their antioxidant properties to support health. These supplements include vitamin E and vitamin C, zinc and other minerals that reduce oxidant stress.

These are a few of the trends that significantly drive the global market trends.

Key Players are Adding Values in the Global Vitamin Supplement Market

The global market is highly competitive by the present prominent vendors. These vendors are making their efforts by investing million-dollar amounts in research and development activities to carry out unique ideas to expand the market size. Key players are significantly booming the global market through various marketing strategies. These marketing strategies are mergers, collaborations, acquisitions and product launches.

Key players are playing a vital role in uplifting the global market by offering high-quality and organic supplement products to capture consumers’ attention. They are distributing their products in retailers, supermarkets, online platforms and other channels to gain popularity, advertising and boost sales.

Key Players in the Vitamin Supplement Market

  • Amway Corp.
  • American Health Formulations (AHF)
  • FullWell
  • Garden of Life LLC
  • Good Health New Zealand
  • Healthy Life Pharma (P) Limited
  • Klean Athlete
  • Llama Naturals
  • NOW Foods
  • Nordic Naturals
  • Olly PBC
  • Pharmavite
  • RBK Nutraceuticals
  • The Nature’s Bounty Co.
  • Vital Proteins LLC

Recent Developments in the Vitamin Supplement Market

  • In 2020, Franchise Group LLC announced its newly launched Vthrive to enhance its business portfolio.
  • In 2019, GlaxoSmithKline plc announced its completion of a joint venture with United States-based company Pfizer Inc. This joint venture took place to enhance the nutritional brand.
  • In 2020, Homart Pharmaceuticals announced its newly launched three products to improve the immune system.

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Key Segments in the Vitamin Supplement Market

By Type:

  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin D
  • Vitamin E
  • Vitamin K
  • Multivitamin

By Form:

  • Tablets
  • Powder
  • Capsule
  • Gummies
  • Others

By Distribution Channel:

  • Supermarkets/Hypermarkets
  • Retail Pharmacy
  • Online sales
  • Others

By End User:

  • Adult
  • Geriatric

By Region:

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

About Future Market Insights (FMI)

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

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Transforming Health Trends: Functional Food Ingredients Market Anticipates USD 21.74 Billion by 2034 at 6.8% CAGR

In 2024, the functional food ingredients market is valued at USD 11.31 billion, poised to grow to USD 21.74 billion by 2034, reflecting a robust compound annual growth rate (CAGR) of 6.8% throughout the forecast period.

The rise in lifestyle-related diseases such as diabetes and cardiovascular disorders is increasingly prevalent across developed nations like the United States, India, and China. This trend is prompting advances in food technology, including the creation of innovative functional ingredients such as bioactive peptides, probiotics, and plant-based alternatives. Concurrently, there’s a growing consumer awareness about the significance of healthy lifestyles and preventive healthcare, amplifying the demand for nutritional food choices.

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Modern lifestyles have also been linked to several psychological difficulties such as depression, inattention, and cognitive impairment. People are focused on the consumption of nutritious and nutritionally dense foods to avoid such ailments, which is expected to provide huge potential for the global functional food ingredients industry.

Functional food ingredients are increasingly favored by health-conscious consumers prioritizing wellness, actively seeking products that provide added health benefits beyond basic nutrition. Additionally, there is strong demand among the elderly, who are concerned about age-related health issues and seek functional foods that support overall well-being and address specific health concerns associated with aging.

Competitive Landscape

The global market for functional food ingredients is characterized by fragmentation, featuring major players like British Foods PLC, Cargill Incorporated, Archer Daniels Midland Company, BASF SE, and DMH Ingredients. These companies are forging partnerships with healthcare professionals, nutritionists, and dietitians to secure endorsements and recommendations for their functional food products. Meanwhile, new entrants are striving to gain a foothold in this rapidly expanding sector, primarily targeting millennials. They are leveraging technological advancements to introduce innovative functional food components and establish a competitive edge in the market.

Key Companies in the Market:

  • Kerry Group
  • Cargill, Incorporated
  • Archer Daniels Midland (ADM)
  • DuPont Nutrition & Biosciences
  • Ingredion Incorporated
  • Tate & Lyle PLC
  • BASF SE
  • Royal DSM
  • Arla Foods Ingredients
  • Chr. Hansen Holding A/S
  • Glanbia plc
  • FrieslandCampina
  • Roquette Frères
  • Naturex (acquired by Givaudan)
  • Kemin Industries, Inc.
  • Bioriginal Food & Science Corp.
  • Sabinsa Corporation
  • Nutraceutical International Corporation
  • AIDP, Inc.
  • Brenntag Group

Recent Developments:

  • In October 2023, Korean researchers unveiled NaturaPredicta, an AI model accelerating the identification of healthy functional food ingredients. Using natural language processing and BioBERT, it compared the functionalities of botanical ingredients, bypassing preclinical or clinical tests and streamlining the development of innovative functional foods.
  • In December 2023, Lactocore Group and Ingredia SA collaborated on innovative functional food ingredients to alleviate mood disorders in humans and animals. The partnership aimed to develop a new product using dairy proteins, particularly Lactocore’s proprietary milk peptide hydrolysate.
  • In September 2023, GoodMills Innovation unveiled a range of plant-based products at Food Ingredients Europe. The offerings included VITATEX texturates, SMART legume flours, and Slow Milling range for clean-label baked goods. SpermidineEvo, a natural wheat germ concentrate for nutraceuticals, was also introduced.
  • Arla Foods Ingredients and Zhongbai Xingye Food Technology (Beijing), a Brenntag Group company, signed a distribution agreement in August 2023 to cater to the Chinese food and nutrition markets. The collaboration strengthens their existing relationship and expands Arla Foods Ingredients’ presence in China.

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Market Segmentation:

By Type:

  • Probiotics
  • Prebiotics
  • Proteins and Amino Acids
  • Phytochemicals and Plant Extracts
  • Omega-3 Fatty Acids
  • Carotenoids
  • Fibers and Specialty Carbohydrates

By Source:

  • Natural
  • Synthetic

By Application:

  • Food and Beverage
  • Dairy Products
  • Bakery and Confectionery
  • Animal Feed

By Purpose:

  • Weight Management
  • Digestive Health
  • Cardio Health

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:

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T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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Rising to the Top: The Bean Flour Market Aims for USD 5209.5 Million by 2033 with a Solid 6.4% CAGR from 2023

The bean flour market is expected to grow from USD 2788.7 million in 2023 to USD 5209.5 million by 2033, with a CAGR of 6.4% from 2023 to 2033.

The market for bean flour is going through a dramatic shift because of the rising desire for plant-based and healthier substitutes. Bean flour has drawn the interest of both health-conscious people and culinary experts due to its rich nutritional profile and sustainability. It is a popular option for a variety of goods since it provides a flexible way to include plant-based components in meals while retaining taste and texture.

Manufacturers are putting more innovation into the market as they work to satisfy customers’ various demands and tastes. Bean flour may be used in a variety of dishes, including baked products, snacks, pasta, sauces, and more, both classic and contemporary. Its versatility and capacity to improve nutritional value make it a sought-after component in the rapidly changing food business.

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Market Opportunities

Opportunities for development and expansion in the bean flour sector are many. One significant potential is to meet the growing demand for healthier and plant-based substitutes. Interest in introducing wholesome, sustainable products into meals is rising as people become more environmentally concerned and health conscious.

Manufacturers may take advantage of this potential by creating a wide variety of bean flour products that not only have health advantages but are adaptable for use in a variety of culinary applications. Market competitors may draw in health-conscious customers searching for nourishing and plant-based solutions by highlighting the advantages of bean flour, such as its high protein and fiber content.

Key Takeaways

  • The bean flour sector expanded at a CAGR of 6.4% from 2023 to 2033.
  • By 2033, the bean flour market is projected to expand to a value of US $5,033.4 million.
  • In 2022, the United States dominated the bean flour market with a share of 22.4%.
  • In 2022, Germany expanded significantly in the bean flour market business, with a share of 8.9%.
  • Japan emerged as a dominant player in the bean flour market in 2022, securing a substantial 2.1% market share.

Competitors Winning Strategies

Competitors in the bean flour industry might use successful tactics to obtain an advantage. They may broaden their distribution networks to reach a larger customer base, produce novel bean flour flavors and blends, and create specialized bean flour products to meet the needs of dietary restrictions and health-conscious consumers. Conscious consumers might be attracted by highlighting sustainability and ethical sourcing techniques.

Effective techniques include using cultural links, investing in marketing and branding, and consistently creating new items and packaging. Additionally, spending money on research and development to investigate fresh uses for bean flour promotes consistent growth and client loyalty in this competitive sector.

Key Trends

  • The increasing popularity of bean-based foods, such as tofu, tempeh, and edamame, is driving the demand for bean flour.
  • The growing trend of “clean eating” is also contributing to the growth of the bean flour market. Consumers are looking for healthier alternatives to traditional wheat flour, and bean flour is a good option because it is high in protein, fiber, and other nutrients.
  • The increasing availability of bean flour in supermarkets and online retailers is making it more convenient for consumers to purchase.
  • The development of new and innovative bean flour products, such as bean flour tortillas and bean flour bread, is also contributing to the growth of the market.

What key players are doing in Bean Flour Market?

  • Nikken Foods: The company is investing in research and development to develop new and innovative bean flour products.
  • Xi’an Sost Biological Science & Technology Co., Ltd.: The company is expanding its production capacity to meet the growing demand for bean flour products.
  • Eden Foods: The company is committed to using sustainable farming practices and is certified organic by the USDA.
  • Bob’s Red Mill Natural Foods: The company is committed to using high-quality ingredients and is certified gluten-free by the GFCO.
  • Golden Temple Foods: The company is committed to using traditional Indian methods of processing bean flour.
  • SunOpta: The company is expanding its production capacity to meet the growing demand for bean flour products.
  • Archer Daniels Midland Company (ADM): The company is investing in research and development to develop new and innovative bean flour products.
  • The Hain Celestial Group: The company is committed to using sustainable farming practices and is certified organic by the USDA.
  • General Mills: The company is investing in research and development to develop new and innovative bean flour products.

Recent Developments

  • February 2023: The company, Eden Foods, announced the launch of a new line of bean flour products that are certified organic and gluten-free. The products are made from a variety of beans, including black beans, pinto beans, and kidney beans.
  • March 2023: The company, SunOpta, announced the expansion of its bean flour production capacity in North America. The expansion is in response to the growing demand for bean flour products, particularly in the gluten-free and vegan markets.
  • April 2023: The company, ADM, announced the launch of a new line of bean flour-based snacks. The snacks are made with a variety of bean flours, including pea flour, lentil flour, and chickpea flour.

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Key Segments Profiled In the Global Bean Flour Market Report

By Product Type:

  • Black
  • White

By Nature:

  • Conventional
  • Organic

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 over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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The Synthetic Food Color Market Sets its Sights on Achieving USD 1,145 Million by 2034

Synthetic food colors, also known as artificial food colors, are projected to reach a market value of USD 678 million by 2024, with an anticipated growth rate of 5.4% over the next decade. By 2034, revenue in this sector is expected to soar to USD 1,145 million, driven by increasing social media impact and growing consumer preference.

Social media has profoundly influenced the food industry, revolutionizing how consumers discover and purchase new food products. This influence extends to the food color sector, as social media algorithms prioritize visually appealing content that garners high engagement. Consequently, content creators leverage artificial colors to enhance the vibrancy of their food posts.

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The growing pursuit of Instagram-worthy culinary experiences has sparked demand for adventurous and vibrant food colors among consumers. Food influencers, bloggers, and online communities dedicated to food aesthetics are amplifying this trend. As food presentation becomes as crucial as taste, there is a rising demand for certified artificial food colors to meet these evolving consumer preferences.

Competitive Landscapes

Leading manufacturers in the artificial food color sector are encountering robust competition from their counterparts in natural food colors, which are experiencing a comparable growth trajectory fueled by continuous innovations. This trend is gradually shifting consumer reliance away from artificial food colors for their coloring requirements.

The artificial food color industry remains propelled by ongoing product innovations, with manufacturers focusing on creating new and compelling color options that are difficult to replicate using natural ingredients. These innovations encompass vibrant shades of greens, blues, and unique color blends designed to enhance visual appeal and consumer preference.

Major players are strategically developing product portfolios that adhere to rigorous regulatory and safety standards, aiming to bolster consumer confidence in synthetic food colors. Concurrently, these companies are aligning their offerings with evolving consumer preferences and trends.

Innovative approaches include incorporating minerals, vitamins, or antioxidants into artificial colors by some players. This strategic move positions these products as healthier alternatives to traditional synthetic colors, while maintaining the vibrancy and stability characteristic of artificial colorants.

Key Players in the Synthetic Food Color Market

  • Archer Daniels Midland Company
  • DSM
  • Vinayak Ingredients India Pvt Ltd.
  • Nature S.A.
  • ROHA (A JJT Group Company)
  • San-Ei Gen F.F.I., Inc.
  • Sensient Colors LLC.
  • Symrise AG
  • Chr. Hansen Holding A/S
  • Denim Colourchem (P) Limited
  • Allied Biotech Corporation
  • DIC Corporation (BASF SE)
  • BioconColors
  • DDW, The Color House
  • Döhler Group
  • GNT International B.V.
  • Kalsec Inc.
  • Others

Developments Impacting Growth of Synthetic Food Color Market

  • In January 2024, Ginkgo Bioworks and Phytolon successfully achieved their first milestone in developing vibrant natural food colorants through two producing strains.
  • In January 2024, Phytolon planned its debut in the United States, with its cost-competitive natural food colors through precision fermentation.

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Market Segmentation of Synthetic Food Color Sector

By Form:

Based on form, the industry is divided into liquid, powder, and gel.

By Type:

Different types of synthetic food colors are pigment and dyes.

By Color:

Various colors in which synthetic food colors are available include yellow, blue, red, green, and others.

By Applications:

Varied applications of synthetic food colors are beverages; bakery, snacks, and cereals; candy/ confectionery; dairy; fruit preparations/ fillings; meat, poultry, fish, and eggs; potatoes, pasta, and rice; sauces, soups, and dressings; seasonings; and pet food.

By Region:

Industry growth is examined in key countries of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.Top of FormBottom of Form

About Future Market Insights (FMI)

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

Contact Us:

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T: +1-845-579-5705
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Insights into Future Trends: Specialty Carbohydrates Market Set to Grow to USD 10,822.7 Million by 2033

The specialty carbohydrates market is projected to grow from USD 6,795 million in 2023 to USD 10,822.7 million by 2033, reflecting a compound annual growth rate (CAGR) of 5% during the forecast period from 2023 to 2033.

Increasing consumer preference for healthier food items is propelling sales of specialty carbohydrates in the food and beverage sector.  In addition to this, surging demand for high quality animal-derived products will continue pushing sales of specialty carbohydrates over the forecast period.

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Dietary Supplements Control the Substantial Market Share

Dietary supplements are among the significant category driving the growth of the specialty carbohydrates market. An increase in health-conscious consumers in developing nations such as India, China, and Mexico is the primary factor driving the segment’s growth. Furthermore, rising enrolments in fitness centers and gyms result in increased sales of nutritional supplements high in specialized carbs.

Furthermore, due to busy schedules and hectic working lifestyles, the working population, globally, is struggling to meet their daily nutrient requirements. As a result, there is an increasing need for food items that provide a well-balanced diet. Moreover, increasing their reliance on dietary supplements. Rising adult health consciousness and an increase in gym activity have increased the demand for dietary supplements in the specialty carbohydrates industry.

Isomalt and palatinose and other sweeteners are commonly employed in food and beverages. As they provide stabilization, gel formation, and act as a sweetener.

Customers want low sugar and other healthy elements in their products. The sugar-free carbonated drink is surging due to the rising prevalence of obesity. Therefore, energy drinks and nutrition bars may provide a healthy possibility for businesses to utilize these carbohydrates.

According to a survey, West Virginia ranks first in the United States when it comes to obesity. The rate of obesity in the state is more than 40%.

The growing popularity of natural cosmetic goods, as well as customers growing concern about their looks, has fueled the market for anti-aging solutions. Several corporations are investing in research and development to provide more effective anti-aging products.

Cyclodextrin is used to stabilize scent in perfumes and to minimize foaming in solutions, among other things. As a result, these variables are driving the expanding market during the anticipated time.

Key Points from the Market

  • The market is expected to surpass US$ 10,822.7 million by 2033.
  • The expanding urban working population is a driving element in the expansion of the market.
  • The specialty carbohydrates market is expected to thrive at a CAGR of 5% during the forecast period 2023 to 2033.
  • North America dominated the specialty carbohydrates market.

Key Development in the Market

  • June 2021: Cargill and BASF expanded their collaboration to research and innovate an enzyme-based solution for the animal feed market.
  • March 2019: DuPont Danisco launched the poultry feed supplement Syncra AVI in Asia Pacific. This new launch aims to maximize nutrient digestibility in chicken production.
  • May 2019: Lallemand Bio-Ingredients Savoury and Lallemand Specialty Cultures co-exhibited at the IFFA 2019 in Germany. This enabled the organization to combine its knowledge and know-how to provide complete solutions to meat producers.
  • November 2021: RoundTable healthcare partners announced the formation of Ever Well Health Holding, LLC. It is a new well-consumer health and wellness functional components platform. Ever Well Health aimed to provide substantiated functional ingredient solutions for use in dietary supplements. This includes food and drinks to give substantial value to dietary supplements, food, and beverage brands.

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Market Segmentation

By Product Type:

  • Glucose
  • Lactose
  • Galactose
  • Glucosamine

By Application:

  • Dietary supplements
  • Animal Nutrition
  • Personal care
  • Functional foods
  • Functional beverage

By Distribution Channel:

  • Convenience Stores
  • Specialty Stores
  • Online Retailers

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Analyzing Growth Prospects: Lignans Market Predicts 5.8% CAGR Growth, Aimed at USD 676.7 Million Valuation by 2032

Based on the latest FMI report, global lignans sales are projected to exceed USD 676.7 million by 2032, with a growth rate of approximately 5.8% annually from 2022 to 2032.

The global lignans market is anticipated to experience consistent growth throughout the forecast period. This growth is driven by several factors, including rising consumer preference for herbal products over synthetic medications, expanding consumer expenditure, and the rising adoption of lignans in the functional food and beverage sector due to their antioxidant, anti-inflammatory, and antitumor properties.

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Key Takeaways from the Lignans Market Study:

  • Based on source. the cereals segment dominated the lignans market with a share of around 3% in 2021 while as oilseeds segment is likely to grow at 6.7% CAGR during the assessment period.
  • By application, food and beverages segment holds the largest revenue share in the global lignans market.
  • Asia Pacific lignans market is predicted to grow at around 7% CAGR during the forecast period (2022-2032).
  • The lignans market in North America is poised to grow at a steady CAGR of 5.2% between 2022 and 2032.
  • With rising inclination towards lignans based food products and pharmaceuticals, demand for lignans is slated to rise at a significant pace across the U.S. during the assessment period.

“Key market players are rigorously investing in R&D to introduce new products and obtain a competitive advantage in the market. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.

Who is winning?

Key players operating in the global lignans market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering lignans are TSKG Products, LLC, Kingherbs, Ltd., Shaanxi Zebrago Industrial, BioGin Biochemicals, FarmaSino Pharmaceuticals, Plamed Green Science Group, SPI Pharma, Xi’an Sinuotebio Tech, and others.

Get Valuable Insights into Lignans Market 

FMI, in its new offering, provides an unbiased analysis of lignans presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for lignans based on the source (cereals, oilseeds, and plant resins), application (food & beverages, pharmaceuticals, animal nutrition, and cosmetics), across five major regions.

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Lignans Market by Category

By Source, Lignans Market is Segmented as:

  • Cereals
  • Oilseeds
  • Plant Resins

By Application, Lignans Market is Segmented as:

  • Food & Beverages
  • Pharmaceuticals
  • Animal Nutrition
    • Horses
    • Ruminants
  • Cosmetics
    • Hair care
    • Toiletries
    • Skin Care

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Forecasting the Growth Trajectory Global Food Additive Market to Hit USD 551.4 Billion by 2034

The global food additive market value is expected to grow from USD 310.9 billion in 2024 to USD 551.4 billion by 2034. Over the forecast period, global food additive demand is projected to increase at 7.2% CAGR.

Usage of food additives is expected to remain high in the beverage sector during the forecast period. As per the latest report, the target segment is anticipated to account for a market share of 34.0% in 2024.

The market size is increasing as a result of the promotion of healthy food additives by several food and beverage firms. Leading corporations are promoting probiotics, dietary fibers, and prebiotics as healthful foods to gain market share.

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The Factors Increasing the Demand for Food Additives are as follows:

  • Growing consumption of processed and ready-to-eat food is increasing the demand for food additives.
  • Manufacturers are increasing the adoption of food additives to enhance the taste and flavor of food.
  • The increasing consumption of sustainable and high-quality food is surging the demand for food additives.
  • Various organizations, including the Food Administrative Organization, the World Health Organization, and the United States Department of Agriculture, are introducing high-quality and standardized food additives. The key objective of this is to increase the market for foreign trade.
  • Growing technology, rising demand for healthy food, and food innovation are increasing the adoption of food additives.
  • The industry is expanding due to the growing demand for items that can be stored for a long time, such as pickles, sweets, and bacon. Top companies are focusing on maintaining the color of food by increasing the adoption of micro-encapsulation techniques is advancing market growth.
  • The food & beverages sector is growing its market by rapidly increasing the adoption of food additives to improve food texture, color, and taste.
  • The demand for Food and Beverage Additive is rising in hotels and restaurants as a result of the food’s increased advanced nutrition, which is expanding the market opportunities. Adopting food additives for preserving food to prevent spoilage is influencing market growth.

Food additives play a vital part in the food and beverage industry. They are used for various purposes, from preserving freshness to improving color and texture.

The growing usage of food additives to improve the taste, quality, and texture of different food products is expected to boost the market. Similarly, the ability of food additives like preservatives to extend the shelf life of food products will boost their sales through 2034.

The market for food additives is influenced significantly by consumer preferences and changing lifestyles. There is a rise in demand for processed and packaged food products as consumers seek convenience and a broader range of food variety. This will likely fuel food additive demand.

Food additives make processed food products attractive and safe. They prevent spoilage, maintain nutritional content, and enhance the overall sensory experience of the food. Hence, increasing production and consumption of processed and packaged food products is set to bolster sales of food additives.

Common food additives include flavor enhancers, sweeteners, colors, and stabilizers. They play a critical role in enhancing appearance, extending shelf life, and improving processed food products’ taste, texture, and palatability.

Preservatives help extend the lifespan of goods, thereby reducing food waste. Flavor enhancers and sweeteners enhance the taste of foods and beverages, catering to evolving consumer preferences for exciting and healthier options.

The market is also witnessing a shift toward natural food additives. Growing concerns over several synthetic food additives’ safety and health effects drive this trend.

Key Takeaways from the Food Additives Market Report:

  • The global market for food additives is projected to total USD 551.4 billion in 2034.
  • Based on product type, the fine ingredients segment is expected to hold a leading market share of 38.6%.
  • By end-use application, the beverages segment is poised to account for a value share of 34.0% in 2024.
  • Europe is expected to hold a leading market share of 21.9%, closely followed by North America at 17.8%.
  • Demand in the United States is poised to rise with a CAGR of 4.2% through 2034.
  • Japan is anticipated to register a CAGR of 6.0% between 2024 and 2034.

Who is Winning?

Chr. Hansen Holding A/S, BASF SE, Royal DSM N.V., Sensient Technologies Corporation, Dow Chemical Company, Nutra Food Ingredients, LLC, Bell Flavors & Fragrances Incorporated, and Ajinomoto Food Ingredients are the key food additive manufacturers listed in the report.

Top companies are expanding product portfolios by introducing new food additives like natural flavors and low-calorie sweeteners. They also employ strategies like advertising, partnerships, acquisitions, agreements, and mergers to gain a competitive edge in the market.

Key Players Listed in the Food Additives Global Market Report

  • Chr. Hansen Holding A/S
  • BASF SE
  • Royal DSM N.V.
  • Sensient Technologies Corporation
  • Dow Chemical Company
  • Nutra Food Ingredients, LLC
  • Bell Flavors & Fragrances Incorporated
  • Ajinomoto Food Ingredients
  • Corbion Food Ingredients
  • Food Ingredient Solutions, LLC
  • Others (on additional request)

For instance,

  • In June 2020, the liquid version of Linablue natural blue food coloring was launched by DIC Lifetec Co., Ltd.
  • In 2021, B.T. Sweets unveiled Cambya, a plant-based, one-to-one sugar replacer made from soluble fibers, monk fruit, and select botanicals.

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Food Additive Market by Category

By Product Type:

  • Dairy Ingredients
  • Sweeteners
  • Fibers
  • Fine Ingredients

By End-use Application:

  • Dairy Industry
  • Confectionery
  • Bakery
  • Snacks
  • Sauces & Soups
  • Pasta & Noodles
  • Meat Products
  • Baby Food
  • Pharmaceuticals
  • Beverages
  • Dietary Supplement
  • Personal Care

By Region:

  • North America
  • Europe
  • Latin America
  • South Asia
  • East 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 over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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North America and Europe Lead in Deicing Fluid Market Growth, Projected to Hit USD 8.8 Billion by 2032

The global deicing fluid industry size was worth USD 5.3 Billion in the year 2022 and is expected to reach USD 8.8 Billion by the year 2032 at a CAGR of 5% between 2022 and 2032. Deicing fluids come across as critical chemicals used in the aviation vertical in cold climates around the world. Growing demand for such fluids is accelerating the deicing fluid market.

They are categorized as Type I, Type II, Type III, and Type IV on the basis of their composition chemicals, and physical qualities. This could be credited to growing awareness about the product, continued expansion of the aviation sector, increasing freight carrying through airways, and rising number of strategic partnerships.  Both – governments and private sectors are extending support to the deicing fluid market for having the aviation vertical in shape.

Deicing fluids constitute glycols, salts, and alcohol. They do reduce water’s freezing point. Mechanical deicing procedures constitute pressing and scraping. Deicing solution gets sprayed on the surface using spray guns or hoses. The region’s meteorological conditions do determine the need for deicing fluid. It is, in fact, directly proportional to an increase in tourism in cold climates.

Technology is actually the flagbearer of deicing operations. All the airlines and airports do spend on cutting-edge technology in aplomb; which actually helps in having superlative deicing operations in place. These days, new techniques are being doled out with regard to reusing the deicing fluid.

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At the same time, the fact that deicing fluids do induce corrosion and also cause damage to the applied surfaces can’t be ignored. Plus, several low-cost substitutes like heating and mechanical scraping are being made available. These factors could restrain the deicing fluid market in the years to come.

Future Market Insights has walked through these facts with future prospects in its latest market study entitled ‘Deicing Fluid Market’. It has an indigenous team of analysts and consultants to deploy a 360-degree view in primary, secondary, and tertiary modes of research.

“With the aviation industry witnessing a boom in North America, the deicing fluid market is expected to witness grandeur in the upcoming period”, – Future Market Insights.

Key Takeaways from Deicing Fluid Market

  • North America holds the largest market share due to the US being subject to exorbitant aircraft movements and passenger traffic in the last few years. The region is, in fact, known for housing some of the busiest airports all through. As such, there is a robust demand for quick and effective deicing technologies. Moreover, as the US witnesses blizzard weather conditions at regular intervals, icing on the surface of aircraft is a common phenomenon. January 2018 alone witnessed the US airlines annulling over 1100 flights and grounding over 3000 planes. The airlines and airports in North America are trying to mitigate such situations by handsomely investing in de-icing systems as well as infrastructure for minimizing discomfort and delays with respect to the customers.
  • Europe holds the second-largest market share with various economies of Eurasia providing notable development opportunities for the vertical.

Key Companies Profiled

  1. The Dow Chemical Company
  2. Kilfrost
  3. E. I. du Pont de Nemours and Company
  4. Henan Allrich Chemical Co., Ltd.
  5. Cre Chem Qingdao Limited
  6. Weifang Qiangyuan Chemical Industry Co., Ltd.
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Competitive Fluid

  • Aero Mag, in December 2020, came up with the very first electrically-powered truck with the intention of deicing the aircraft.
  • Invercon Inc., in January 2020, announced that their deicing system had been successfully tested at NASA Glenn Research Center’s Icing Research Tunnel. This announcement came along with NEI Corporation.
  • Hartsfield-Jackson Atlanta International Airport, in 2018, announced its plan to build a south deicing facility worth US$ 50 Million to reduce flight cancellations at the time of snowstorms. It could accommodate merely 5 large planes initially but can deice close to 20 planes at a time now.

Key Segments Profiled in the Deicing Fluid Industry Survey

Type:

  • Ethylene Glycol
  • Propylene Glycol

Application:

  • Commercial
  • Non-Commercial

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

What does the Report delve deep into?

  • The research study is based on type (ethylene glycol and polypropylene glycol) and by application (commercial and non-commercial).
  • With aviation vertical flourishing, there would be nothing to stop the deicing fluid market from substantiating in the forecast period.

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Chlorinated Polyethylene Resins and Elastomers (CPE) Market Forecast to Reach USD 1,297 Million by 2032: Key Growth Drivers and Opportunities

The global chlorinated polyethylene resins and elastomers (CPE) industry sales stands at USD 600 million as of now and is expected to reach USD 1,297 Million by the year 2032 at a CAGR of 8% from 2022 to 2032.

The other advantages are inclusive of exceptional physical and mechanical properties, tensile strength, higher filler acceptance, and low-temperature performance. PVC is being increasingly used for PVS siding, doors, pipes, and fences with upgradation in the building and construction sector.

At the same time, the fact that prices of raw materials are volatile can’t be ignored. Also, prices of crude oil are skyrocketing. Polyethylene is made from the crude oil derivatives. As such, it is directly affected by the factors mentioned above. Also, various economies are laying down strict regulations regarding the use of polyethylene in the interest of the environment. These factors are likely to restrain the chlorinated polyethylene resins and elastomers (CPE) market in the near future.

Future Market Insights has, through its line of expertise in the form of analysts and consultants, highlighted these findings with future perspectives in its latest market study entitled “Chlorinated Polyethylene Resins and Elastomers (CPE) Market”.

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Key Takeaways from Chlorinated Polyethylene Resins and Elastomers (CPE) Market

“Impact modification is expected to expedite the chlorinated polyethylene resins and elastomers (CPE) market”, says an analyst from Future Market Insights.

Competitive Landscape

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What Does the Report Cover?

Key Segments Covered in the Chlorinated Polyethylene Resins Report

Type:

Application:

Region:

About Future Market Insights (FMI)

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

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Zinc Carbonate Market to Reach USD 305.5 Million by 2032 Driven by Demand in Pharmaceuticals and Cosmetics

As per FMI, the global zinc carbonate market demand is expected to be dominated by East Asia, with total sales reaching USD 97.2 Million by 2032.

The global zinc carbonate industry demand is projected to expand at a 3.8% CAGR during the forecast period between 2022 and 2032 finds Future Market Insights (FMI) in a recent market analysis. Zinc carbonate, abbreviated ZnCO3, is an inorganic compound. It is also known as smithsonite, calamine, or zinc spar. Zinc carbonate is a white crystalline solid or powder that is insoluble. It is used in various applications such as pharmaceuticals, cosmetics, and fertilizers. Depending upon its usage, it is available in different grades such as pharma & food and technical grade.

Zinc carbonate is extensively utilized by the pharmaceuticals & cosmetics industry across the globe owing to its anti-inflammatory properties. Majorly in cosmetics, it is used in lotions, creams, shampoos & other products. It is also used in feed additives to fight zinc deficiency.

One of the most profitable markets for zinc carbonate is the rubber industry. Zinc carbonate is a commonly used raw material in the production of rubber. It is used to increase the translucency or transparency of natural rubber. It could also be used as a flame retardant by acting as a fireproofing filler in high-temperature rubber. Rising demand for rubbers from various end-use industries is expected to boost the zinc carbonate market during the forecast period.

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“Zinc Carbonate sales are expected to be driven by its use in pharmaceuticals, drugs & medicines, and cosmetics across the globe, followed by rubber production and fertilizers.” says an FMI analyst.

Key Takeaways:

Competitive Landscape 

Key players in the zinc carbonate market include Global Chemicals, Shepherd Chemical, Seido Chemical Industry, Bruggemann Chemical, Rubamin, Transpek-Silox, Yanggu Zhongtian Zinc Industrial, Ava Chemicals, Pan-Continental Chemical Co., Ltd, Strem Chemicals Inc., TIB Chemicals, Anron Chemicals Inc. and others.

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More Insights into the Global Zinc Carbonate Market Report

In its latest report, FMI offers an unbiased analysis of the global zinc carbonate market, providing historical data for the period 2017-2021 and forecast statistics for the period 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on grade (pharma & food and technical), application (pharmaceuticals, cosmetics & personal care, feed additive, rubber production, fertilizers, oil & gas, chemicals, and others) & region ( North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

Zinc Carbonate Market by Category

By Grade:

By Application:

By Region:

About Future Market Insights (FMI)

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

Contact Us:       

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