Raising Agents Market Size By Analysis, Key Vendors, Regions, Type and Application, and Forecasts to 2032

The global raising agents market is set to witness growth at a CAGR of 3.1% and top a valuation of USD 43 Bn by 2032.

From past few years, the global bakery industry has been significantly growing and along with this application of raising agents in the bakery industry is also increasing. Yeast, baking soda and baking powder are the key types of raising agents that are significantly used in the baked products such as cakes, cookies, muffins, bread, etc.

Moreover, huge consumer base around the globe are having busy lifestyle due to which they don’t have much time for timely eating thus they are opting for convenience food products. Thus the demand for convenience food products is increasing which is expected to propel growth to the raising agents market.

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Key Takeaways from Market Study

  • The raising agents market is expected to be valued at USD 31 Bn in 2021 and it is expected to grow with CAGR of 3.1% in the forecasted period and reach market value of USD 43 Bn in year 2032.
  • Among the Product Type segment cream of tartar is expected to dominate the market holding nearly 60% of the overall market. Along with this baking soda segment is also expected to grow with CAGR of 3.2% over the forecasted period.
  • Among the application segment, the confectionary products is dominating the application segment and it is expected to grow with a CAGR of 3.9% and expected to hold significant market share in the market.
  • Among distribution channel segment, direct sales and wholesales is expected to dominate the market with market value of nearly USD 14.6 Bn.

“As the raising agent is effectively used in the confectionary products thus with increasing market for confectionary products the raising agents market will also propel growth” says a Future Market Insights analyst.

Competitive Landscape

Some of the key players involved in the raising agents market are Kraft Heinz, Guangxi Forise Yeast, Sunkeen, Lesaffre, AB Mauri, Lallemand, Angel Yeast, Solvay, Natural Soda, Berun and many others. These key are majorly focusing on research & development activities in order to enhance the quality and variety of their product offerings and also to develop innovative products.

Along with this the demand for clean label food products is also gaining traction. Understanding this growing popularity the key players in the raising agents market are investing high amount in the manufacturing of biological and natural food raising agents.

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Explore More Valuable Insights

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

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Product Type :

  • Baking Powder
  • Baking Soda
  • Cream of Tartar
  • Organic Agents
  • Others

Sales Channel :

  • Direct Sales & Wholesalers
  • Modern Grocery Retailers
  • Independent Grocery Retailer
  • Non-Store Retailers

Application :

  • Bakery Products
  • Confectionery Products
  • Biscuits and Crackers
  • Packaged Food Products
  • Fried Food Products
  • Other Food Products

The report covers exhaustive analysis on:

  • How much is the raising agents market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is the key trend boosting sales for raising agents?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for raising agents?
  • Who are the major players in the Raising agents Market?
  • What outlook does North America provide?
  • At what rate will the baking soda market grow?

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

Contact: 

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Infant Formula Market Demand Growth, Geographic Segmentation, Key Players Analysis To 2026

The rising number of mothers participating in workforce across the globe has propelled the adoption of infant formula. In response to the increasing demand for organic baby food, sales of infant formula are set to rise at a robust pace of 10.60% CAGR between 2021 and 2026.

Sales of infant formula increased by 9.9% in 2021 owing to the rise in demand for baby food with clean label ingredients. Increasing penetration of e-commerce platforms have necessitated the rising demand of organic infant formula across the globe.

Key players in infant formula market are focusing on strategic collaboration with online pharmacies and retail stores. Their partnership is often aimed at catering the growing demand. Following the outbreak of COVID-19, while the world witnessed global shutdown, consumers turned to online shopping as safety measure.

Against this backdrop, partnerships with online store dealers is seen as a key market strategy to meet the rising demand, especially in developing regions. Based on aforementioned factors, the infant formula market value is estimated to reach US$ 38.8 Bn in 2021, opines Future Market Insights (FMI).

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Key Takeaways from FMI’s Infant Formula Market Study

  • Online stores are anticipated to be the primary distribution channel during the forecast period, followed by pharmacy stores
  • In terms of product type, starting milk formula segment is anticipated to account for over 50% of global market share
  • Special milk formulas and follow-on milk formulas are estimated to register growth with impressive double-digit CAGR over the next ten years
  • France and Germany are anticipated to register, collectively, robust growth backed by the presence of leading players during the forecast period
  • China is likely to dominate the global infant formula market backed by the rising demand for organic baby food in the country
  • The U.S. will lead the North America infant formula market during the forecast period owing to the rising number of mothers participating in the workforce
  • India will emerge as a lucrative market owing to rising cases of malnutrition children under the age of 5 in severe need of additional diet supplement

“Increasing demand for eco-friendly packaging and organic baby food will create a conducive environment for the manufacturing of infant formula, creating lucrative growth opportunities. Emergence of new Chinese group companies are currently challenging the industry giants through innovations and new product launches,” says the FMI analyst. 

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Competitive Landscape

Key players operating in infant formula market are focusing on strengthening their foothold in the industry due to increasing competition. Nearly 50-60% of the global market is dominated by Nestle, Danone, The Kraft Heinz Company, Abbott, and Friesland Campina.

However, the market scenario is expected to take a turn with innovations and new launches of infant baby formula by emerging group of Chinese manufacturers. Collaborations with current key players is the prime strategy of these Chinese manufacturers.

Current market players are increasing their research activities to develop new product launches with increased nutritional value to maintain their position in the industry.

For instance, in March 2021, Nestle introduced new range of bio-based lids and scoops made from sugar cane and its by product for a range of its nutrition products for infants and children. Along with this, its new Nestle Nutrition NAN infant formula packed in new eco-friendly packaging material was made available in the global market in January 2021.

In January 2021, Bobbie, the only mom founded and led infant formula company in the U.S. announced the launch of its first organic, European style infant formula that passed the approval of the U.S Food & Drugs Administration (FDA) requirements.

More Insights on the Global Infant Formula Market

By Product Type:

  • Starting Milk Formula
  • Follow-on Milk Formula
  • Toddlers Milk Formula
  • Special Milk Formula

By Distribution Channel:

  • Specialty Outlets
  • Supermarkets
  • Online Stores
  • Pharmacy Stores
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa (MEA)

The report covers exhaustive analysis on:

  • What is the current infant formula market value?
  • At what rate did the Infant formula market grow between 2016 and 2020?
  • What are the key trends driving infant formula sales?
  • Who are the leading players of infant formula?
  • What is the demand outlook for North America infant formula market?
  • What is the Europe market outlook for infant formula?
  • Which are the top countries driving the infant formula market demand?
  • What is the market share of leading players in infant formula market?
  • What is the current market share of Japan in the global infant formula market?

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About Future Market Insights (FMI)

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

Contact: 

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T: +1-845-579-5705

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Banana Flour Market Dynamics, Influencing Factors, Developments, Increasing Scope, Specifications and Overview 2022-2032

The global banana flour market is set to witness growth at a CAGR of 3.8% and top a valuation of USD 735.6 Mn by 2032.

The growing awareness of the health advantages of banana flour is propelling the worldwide banana flour business forward as it is high in fiber, gluten-free, minerals, and vitamins like vitamin E, zinc, manganese, magnesium, and potassium.

It helps to regulate blood sugar levels and also aids in the reduction of cholesterol, the improvement of heart health, and the stimulation of neuron and muscle activity.

Banana, being a climacteric fruit stores the majority of its carbs as starch. It is unique among fruits in that the majority of its starch is resistant. Resistant starch is prebiotic that boosts the number of good bacteria in the human intestines.

The human gut contains billions of germs from 300 to 500 different bacterial types. The majority of the gut flora is beneficial. These beneficial bacteria feed on the undigested fibers and starch that reach the gut.

As a result, the resistant starch ferments, creating optimal circumstances for a wide range of beneficial bacteria and increasing the bacterial populations. It also suppresses pathogenic bacteria 5 (infect the host human with infectious diseases) at the same time, acting as a boon for human health.

These features are attracting a growing number of health-conscious customers, therefore, shooting up the growth of the banana flour market across the globe.

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Key Takeaways from Market Study

  • The banana flour market is expected to expand at CAGRs of 1% and 2.8% in Latin America and the Middle East & Africa, respectively, through 2032.
  • Market share of Asia Pacific is 2% in 2022. Every year, a considerable amount of bananas are produced in the Asia Pacific region, particularly in India, resulting in the expansion of the banana flour business in the region.
  • The North American banana flour market is currently pegged at 50,883 Metric tons. Banana flour has seen a boom in demand in the region, as the product is widely utilized in the manufacture of infant food.
  • In Africa, banana flour is also seen as a less expensive alternative to wheat flour. It is a healthy alternative to ordinary flour since it promotes the growth of beneficial bacteria in the gut and considerably aids in weight loss, therefore, MEA stands at a market value of USD 275.4 Mn in 2022.

“Manufacturers of banana flours can step into product expansion in the dietary fibers market which is growing at a high rate due to rising health consciousness as the FDA recently classified resistant starch (RS) derived from green banana flour as a dietary fiber.”, says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of banana flours are not only expanding their gluten-free offerings portfolio but, the majority of them concentrate on successful marketing and promotional techniques. Furthermore, for a number of organizations in the banana flour industry, mergers, and acquisitions aimed at global expansion will remain a major strategy.

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

Detailed Market Segmentation Of Banana Flour Market

Process:

  • Sun-dried
  • Freeze-dried
  • Spray-dried
  • Others

Region:

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

Application:

  • Beverages
  • Pet Food and Feed Industry
  • Household
  • Food Industry
  • Bakery & Snacks
  • Infant Foods
  • Filling and Dressings
  • Soups and Sauces
  • Others

Source:

  • Organic
  • Conventional

Sales Channel:

  • Direct Sales
  • Indirect Sales
    • Modern Trade
    • Convenience Store
    • Specialty Store
    • E-Retailers
    • Other retail formats

The report covers exhaustive analysis on:

  • How much is the banana flour market currently worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Banana flour sales?
  • How are market players reacting to the new developments in the market?
  • Which are the major regions driving demand for banana flour?
  • Who are the major players in Banana flour Market?
  • What outlook does MEA provide?
  • At what level does the report reflect pricing analysis?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Modified Soya Flour Market is Projected to Show Profitable Expansions Over the forecast period 2022-2032

Modified Soya Flour Market size is projected to reach USD 85,859 million by 2032, growing at a CAGR of 3.2% over 2022-2032. Soy Flour is used in variety of food items and are used in various industrial products that contains more than 50% of protein.

The market driver can be attributed to increase in utilisation of soy-derived flour in the processed meals due to nutritional benefits such as trans-fat-free, gluten-free, and whole-grain food products. Furthermore, during the forecasted period 2022-2032, growing economies would see a growth in sales of modified soya flour, owing to increased consumption of modified soya flour, particularly in Russia and Germany.

Because of their hectic schedules, consumers choose packaged foods because they have a longer shelf life. This is due to increased customer demands for baked products, which pushes up bakery and confectionery demand. Additionally, producers are focusing on manufacturing a variety of baked items to improve client demand, hence propelling the Modified Soya Flour Market ahead.

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Key Takeaways from Market Study

  • For the period 2022-2032, the Methylcellulose category is expected to grow at the fastest rate of 5percent.
  • expanding use of modified soya flour in a number of food applications, the global modified soya flour market is expected to rise at a high rate in Asia Pacific excluding Japan-APEJ.
  • During the forecast period of 2022-2032, the organic category is predicted to develop at the fastest rate in terms of value, with a CAGR of 6.5 percent.
  • Due to increased consumer demand for baked goods, the Bakery and Confectionery industry is predicted to grow at the fastest rate of 5.2 percent.
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

 The Modified Soya Flour Market is being propelled ahead by rising innovations in the food and beverage sector, as well as rising veganism appeal among the general public.”, –says a lead analyst at Future Market Insights.

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Competitive Landscape

Modified Soya Flour have a strongly competitive global market. The Modified Soya Flour Market is going forward as producers focus on developing a variety of baked items that will enhance customer demand.

Some of the leading companies offering Modified Soya Flour are Cargill Incorporated, The Scoular Company, Associated British Foods Plc., The Hain Celestial Group, Inc., General Mills Inc., Parrish and Heimbecker Ltd., ITC Limited, SunOpta Limited, The Caremoli Group, Ingredion Inc., Unicorn Grain Specialties, ConAgra Foods, Inc., Bunge Limited, Archer Daniels Midland Company, and Buhler.

Get More Valuable Insights

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

Ingredients:

  • Activated Carbon
  • Microcrystalline Cellulose (MCC)
  • Methylcellulose
  • Carboxymethyl cellulose (CMC)
  • Ethylcellulose
  • Phosphorus Chemicals
  • Succinic Acid

Application:

  • Bakery & Confectionery
  • Extruded Snacks
  • Soups
  • Packaged Food
  • Other Application

Sales Channel:

  • Direct Sales
  • Modern Trade
  • Departmental Stores
  • Convenience Stores
  • Online Stores
  • Other Sales Channel

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Except Japan-APEJ
  • Middle East and Africa-MEA

The report covers exhaustive analysis on:

  • How much is the Modified Soya Flour Market current worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Modified Soya Flour Market sales?
  • How are market players reacting to the new developments in the market?
  • How much share does the top 5 companies hold?
  • Which are the major countries driving demand for Modified Soya Flour Market?
  • Who are the major players in Modified Soya Flour Market?
  • At what rate will the U.S. Modified Soya Flour Market grow?

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About Future Market Insights (FMI)

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

Contact: 

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Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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Emission Control Catalyst Market Will Generate New Growth Opportunities in Upcoming Year

According to ESOMAR-certified consulting firm Future Market Insights’ (FMI), the global emission control catalyst market is projected to rise at above 10% CAGR, surpassing the market valuation of US$ 20.06 Bn during the forecast period 2021-2031.

As per Future Market Insights (FMI) analysis, the global emission control catalyst market is anticipated to expand at a 6.50% compound annual growth rate (CAGR) during the forecast period 2021-2031. The market valuation is projected to exceed US$ 8,070 Mn by 2031, registering the sales of 23,22,736 tons of emission control catalysts in 2021.

Expansion of the automotive industry, coupled with implementation of stringent government regulations regarding toxic gas emissions from vehicles and industries, is bolstering the demand for emission control catalysts.

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Increasing adoption of energy and fuel-efficient vehicles in developed regions such as the U.S., Germany and the U.K. will further boost the market growth in the upcoming decade.

The rising demand for lightweight passenger vehicles in developing regions such as China, Japan, India and Brazil will provide lucrative opportunities to the manufacturers operating in the market.

Key Takeaways from FMI’s Emission Control Catalyst Market Study

  • Palladium-based catalyst will dominate the product segment throughout the forecast period.
  • Demand in mobile equipment is anticipated to rise at a higher pace.
  • The U.S. will showcase high demand for emission control systems due to rising automobile sales.
  • The U.K. will emerge as a leading emission control catalyst market owing to implementation of stringent regulations and the presence of leading players.
  • Rising population and increasing adoption of new-energy vehicles across the country will bolster sales in China.
  • South Korea and Japan will account for approximately 7.50% of the total market share.

“Growing consumer preference towards energy-efficient vehicles, coupled with stringent government regulation regarding emissions will fuel the growth,” says the FMI analyst.

Competitive Landscape

Johnson Matthey, BASF SE, Haldor topsoe, Umicore, Corning Inc., Clariant AG, Zeolyst International, Heraeus Holding, Solvay SA, Cormetech, NGK Insulators Ltd., Aristo Global, Nett Technologies Inc. are some key players operating in the emission control catalyst market.

As per FMI’s analysis, key players are focusing on thorough research and development to enhance and expand their product portfolio.

Major players are also establishing tie-ups and targeting mergers and acquisitions with regional players for the expansion of their company, along with innovations in design and efficiency of their product range. For instance

  • In March 2019, Johnson Matthey launched a newly developed automatically regenerating Active DPF diesel particulate filter (DPF) system for stationary diesel engines, adding to the company’s robust portfolio.
  • In December 2018, the BASF SE opened a new site in Pudong, Shanghai, China for the product of its mobile emission catalysts, expanding the facility by more than 30,000 square meter to support the increased production.

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Emission Control Catalyst Market by Category

By Product Type

  • Diesel Based Emission Catalyst
  • Diesel Oxidation Catalyst (DOC)
  • Selective Catalytic Reduction Catalyst (SCR)
  • Catalyzed Soot Filter/ Diesel Particulate Filter
  • Ammonia Oxidation Catalyst (AMX)
  • NOx Adsorbers
  • Gasoline Based Emission Catalyst
  • Palladium based catalyst
  • Rhodium based catalyst
  • Platinum based catalyst

By Application

  • Mobile Equipment
  • Heavy-Duty Vehicles
  • Off-Road Vehicles
  • Passenger Cars & Light Duty Vehicles
  • Motorcycles, Scooters and Three Wheelers
  • Gardening Equipment
  • Stationary Equipment
  • Industrial Engines
  • Generators
  • Off-Road Equipment

By End Use

  • OEM
  • Retrofit

By Pollutant Type

  • Nox
  • CO
  • Hydrocarbons or Volatile Organic Compounds –
  • (HC/VOC)
  • HAPs
  • DPM (Diesel Particulate Matter)
  • NH3 (Ammonia)

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • China
  • Japan
  • India
  • South East Asia Pacific
  • MEA

Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-137

 

Key Points Covered in Emission Control Catalyst Market Survey

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

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About Future Market Insights (FMI) 

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

Contact:

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Electric Boats Market Brief Forecast and Analysis by Top Key Players to 2028

The go-green initiative has catapulted the business models of multiple industries globally and the boating industry is no exception. With traditional gasoline and diesel powered boats significantly increasing pollution levels, the need for alternate sources of energy to propel boats has pushed manufacturers to introduce eco-friendly boats in the global market. Hybrid boats powered by solar energy are fast emerging as an attractive alternative to conventional boats owing to the zero emission factor. Further, installation of solar panels in boats reduces the weight of the boats considerably, and offers an added advantage of noise reduction. This makes solar powered boats perfect for recreational activities. Manufacturers are innovating to design solar hybrids with increased passenger capacity in keeping with the rising market demand.

Earlier, propulsion systems in boats were powered by lead acid batteries. The use of lead acid batteries in electric boats comes with several disadvantages including added bulk and low battery cycle time. The latest trend is the adoption of lithium ion batteries for power generation in boats. Lithium ion batteries with phosphate technology are the newest trend in the global market. Besides a huge life of 10 times more than lead acid batteries, lithium ion batteries are lightweight, charge faster, have low toxicity levels, and require relatively low maintenance. These batteries can be disposed of in an environmentally friendly manner as compared to lead acid batteries. These properties have shifted boat manufacturers’ preferences towards lithium ion batteries.

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These trends are defining the positive growth trajectory of the global electric boats market, which, according to a recent analysis by Future Market Insights, is projected to exhibit a growth rate of 11.0%, moving from a valuation of US$ 106,029.4 Th in 2017 to US$ 327,678.2 Th by the end of 2028.

Increase in sales revenue of electric boats can be attributed to the following key factors:

  • Boost in the global recreational boating industry leading to high demand for boats
  • Focus on development of lightweight boats fuelled by electric power
  • Adoption of small size boats for purposes of maritime security
  • Focus on the reduction of emissions and awareness of the need to reduce environmental pollution

North America Undisputed Leader in the Global Market; Western Europe to Stay Second in Line

Needless to say, North America projects the highest demand and adoption of electric boats, given the thrust on boating as a leisure activity among the American population. Western Europe is the second biggest market in terms of sales of electric boats, again given the increasing preference for recreational boating activities in the region. Markets in the Middle East & Africa and India are yet to be fully tapped and are currently witnessing relatively moderate growth in terms of both demand and sales of electric boats.

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Market segmentation

The market is segmented as given below:

By Type

  • Pure Electric
  • Hybrid

By Boat Type

  • Small Size
  • Medium Size
  • Large Size

By Battery Type

  • Lead Acid
  • Lithium Ion
  • Nickel based batteries

By Power Output

  • Below 5KW
  • Between 5KE to 30KW
  • Above 30KW

By Region

  • North America
  • Latin America
  • South East Asia (SEA) and Pacific
  • Western Europe
  • Eastern Europe
  • Japan
  • Middle East and Africa (MEA)
  • China
  • India

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Recommendations for Key Players

Vendors in the global electric boats market need to focus on introducing newer hybrid models that can propel on diesel / petrol as well as electric systems in keeping with the surge in consumer demand. Focussing on certain key markets in developing economies can prove to be beneficial in the long run, given that the populace in these regions is growing financially and is looking for more water based recreational activities. Boating as a leisure activity is fast gaining traction and manufacturers would do well to expand their distribution network in fast growing economies of the SEA & Pacific and countries such as China.

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

Contact:

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Feed Enzymes Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2032

The global feed enzymes market size is estimated to account for USD 1.8 billion in 2022 and is projected to reach USD 2.3 billion by 2032, recording a CAGR of 8.1% during the forecast period. Growing popularity of enzymes as ideal feed additives for promoting animal growth, enhancing digestion and increasing immunity is a major factor behind the expansion of feed enzymes market.

Manufacturers are introducing advanced feed enzymes to cut down on expenses and improve feed-stuff utilization. This would remain another strong factor assisting the growth of feed enzymes market in the near future.

Key Takeaways – Feed Enzymes Market Study

  • The feed enzymes market will be prominently driven by high demand for carbohydrase-based feed enzymes in the foreseeable future. However, protease-based feed enzymes are set to witness maximum growth opportunities.
    • In 2016, Kemin Industries, Inc. introduced a unique solution of carbohydrases named KEMZYME, to enhance the use of complex feed matrix.
    • In 2017, DuPont Industrial Biosciences, launched DuPont Axtra PRO, a single protease feed enzyme in Latin America. Axtra PRO aims at improving protein digestibility in animal and saves producers cost without compromising on performance or animal health.
  • The most commonly used feed enzymes in the poultry industry are phytase and carbohydrase, as they target phytic acid complexes in plant ingredients and remove the viscous fiber in cereals.
  • Feed enzymes are gaining significant traction in poultry, as they help in effective utilization of raw materials and reduce feed cost. Besides, the demand will be higher for aquatic animals, attributing to increasing fisheries and farming practices, and rising awareness concerning sustainable and responsible fish farming.
  • Recent introductions in the feed enzymes market are based on maize-soy complexes.

Players operating in the feed enzymes market must focus on the development of species-specific feed enzymes benefiting animals at all life-stages and reducing risk of diseases. Manufacturers may benefit from introducing cost-effective products in emerging economies, which are primarily agrarian.

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Demand for Sustainability to Create Lucrative Opportunities for Manufacturers of Feed Enzymes

Key players operating in the feed enzymes market strive to deliver high quality additives and ingredients for animal feed to ensure healthier animals with improved efficiency and productivity. Manufacturers are thus producing animal-specific enzymatic solutions to provide effective solutions.

  • In 2019, BASF SE, launched Natuphos E, a next generation phytase for the feed industry in Indonesia. Natuphos E provides overall stability – in premix, and during the harsh pelleting process, in addition to an 18-month shelf life stability. With this new product launch, the company aims to improve nutrient utilisation in poultry. This new feed enzyme also reduces phosphorus emissions from livestock.
  • In 2018, Archer-Daniels-Midland Co, expanded its specialty feed additives portfolio, which included fiber-degrading feed enzyme for use in swine and poultry diets. The company aims to improve the animal performance while minimizing cost.
  • In 2018, DSM and Novozymes launched the world’s first feed enzyme to increase gut functionality for broiler chicken. This feed enzyme targets at faster feed intake in broilers, reducing the feed required, and aiding sustainable production.

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Know More About What the Report Covers

Feed Enzymes Market Segmentation

By Form:

  • Dry
  • Liquid

By Product:

  • Phytase
  • Carbohydrase
  • Protease

By Animal:

  • Poultry
  • Ruminants
  • Swine
  • Aquatic Animals
  • Others (Equine & Pets)

The report covers exhaustive analysis on:

  • How much is the Feed enzymes market current worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What are the key trends boosting Macadamia sales?
  • How are market players reacting to the new developments in the market?
  • Which are the major countries driving demand for Macadamia?
  • Who are the major players in the Feed enzymes market?

Download complimentary copy of FMI’s market report on ‘Plant Based Revolution’: Growth opportunities and winning strategies in the Plant Based Food Market

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Fortified Dairy Products Market 2022 Top Countries Data with Future Scope, Size, Opportunities with Strategic Growth & Top Key Players Analysis and Forecasts to 2032

According to Future Market Insights (FMI), The Global Fortified Dairy Products Market size was estimated at USD 109,485 million in 2021 and expected to reach USD 223,441 million in 2032, at a CAGR 6.7%.

Nations across the world are recognizing the need of fortifying dairy products and are accepting the idea, which is anticipated to boost sales. However, because fortified dairy products are significantly more expensive than non-fortified dairy products, their adoption is likely to be limited.

Furthermore, when dairy products are supplemented with vitamin D, calcium absorption is enhanced as well as calcium in the blood are maintained. Health-conscious consumers are turning to yoghurt as a better alternative to calorie-dense dairy products like ice cream and milkshakes. The increased use of fortification technology in yoghurt has boosted sales of functional foods with important functionalities.

Producers are focusing on increasing the use of fortified processes for a variety of dairy products, such as yoghurt, cheese, and so on, leading to increased revenues of fortified dairy products and therefore driving the growth of the Market during the forecast period.

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Key Takeaways from Market Study

  • North America lead the Fortified Dairy Products Market, with a 45 percent share.
  • The worldwide Fortified Dairy Products market is predicted to grow rapidly in Asia Pacific excluding Japan (APEJ) due to increased demand for healthier foods..
  • During the forecast period of 2022-2032, the flavoured milk category is predicted to develop at the fastest rate in terms of value, with a CAGR of x.x %.
  • During the forecast period of 2022-2032, the mineral segment is predicted to develop at the fastest rate in terms of value, with a CAGR of 7.3 %.
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

“The Fortified Dairy Products Market is being propelled by increasing technological innovation, which promotes the production of dairy products that are favourable to one’s health.”, –says a lead analyst at Future Market Insights.

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Competitive Landscape

Fortified Dairy Products have a strongly competitive global market. The Fortified Dairy Products Market is going forward as producers focus on developing a variety of baked items that will enhance customer demand.

Some of the leading companies offering Fortified Dairy Products are Arla Foods UK Plc, Nestlé S.A., BASF SE, General Mills, Inc., Danone, Dean Foods Company, Bright Dairy & Food Co., Ltd., China Modern Dairy Holdings Ltd, GCMMF Ltd., and Fonterra Group Cooperative Limited.

Get More Valuable Insights

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

Product Type :

  • Milk
  • Milk Powder and Formula
  • Flavored Milk
  • Cheese
  • Dairy Based Yogurt
  • Other Products

Micronutrients :

  • Vitamins
  • Minerals
  • Other Fortifying Nutrients

Sales Channel :

  • Modern Trade
  • Convenience Stores
  • Departmental Stores
  • Drug Stores
  • Online Stores
  • Other Sales Channel

Region :

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Excluding Japan – APEJ
  • Middle East and Africa -MEA

The report covers exhaustive analysis on:

  • How much is the Fortified Dairy Products market current worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is boosting Fortified Dairy Products sales?
  • How are market players reacting to the new developments in the market?
  • How much share does the top 5 companies hold?
  • Which are the major countries driving demand for Fortified Dairy Products?
  • Who are the major players in Fortified Dairy Products Market?
  • What outlook does APEJ provide?
  • At what rate will the U.S. Fortified Dairy Products market grow?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports:https://www.futuremarketinsights.com/reports

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Wheat Protein Market Global Industry Historical Background, Industry Structure, Development, Demographics, Developing Factors, Demands Till 2032

Newly released data from Wheat Protein Market analysis by Future Market Insights show that the global wheat protein market is estimated to be valued at USD 3.3 billion in 2022 and is projected to reach USD 5.1 billion by 2032 recording a CAGR of 4.8%.

Wheat may become more appealing in ruminant diets as commodity prices fluctuate, replacing a part of corn and barley in rations. Great protein wheat lines with high yielding potential are available. Wheat contains more protein than other typical feed grains like corn, barley, and oats.

Wheat proteins are one of the most important constituents in a variety of cosmetic compositions. Wheat proteins are used in a variety of hair-care and skincare products. Wheat proteins are prized in cosmetic formulations for their film-forming and moisturizing abilities. They’re commonly used in hair care formulas to increase hair quality by providing moisture and binding protection.

Wheat protein aids in the development of strong muscles, which is one of its key advantages. Wheat protein isolate is an excellent bodybuilding supplement. Wheat protein isolate aids in muscle growth, reduces muscle breakdown, promotes muscle protein synthesis, improves workout strength, and most importantly, regulates appetite. Wheat protein isolate aids in the simulation of increased insulin levels, which is important for athlete performance during sports training.

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Key Takeaways from Market Study

  • The wheat protein market in the Asia Pacific (APAC) also shows signs of opportunistic expansion. The rapid expansion of the bakery & confectionery industry, as well as the dietary supplement market, has aided the growth of this regional market.
  • Europe continues to attract considerable investments from stakeholders, accounting for nearly 2/5th of overall sales. According to research, European countries, mainly Russia, France, Sweden, and Germany, produce roughly250% of the world’s wheat. This is once again a driving force in the European wheat protein market.
  • As part of their promotional efforts, manufacturers should use a variety of media, such as periodicals and web portals. Furthermore, sales in the bread and confectionery industry, which now hold a 23 percent market share, will increase.
  • Wheat protein powder sales in the cosmetics and personal care business are being boosted by regulatory permits for the use of wheat proteins in cosmetics, as well as a growing preference for organic cosmetics.
  • Wheat gluten consumption is expected to continue high through 2027, owing to its diverse nutritional profile and several health advantages. While developed countries will continue to be the primary consumers of wheat gluten, wheat gluten makers will earn more than USD 0.3 billion by the end of 2022.”says a lead analyst at Future Market Insights.

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Who is Winning?

In order to provide unique offerings, bakery product makers favour wheat protein over dairy and meat proteins. The rise of the worldwide wheat protein market will be aided by this, as well as significant investments and ongoing mergers by major market players.

With the help of acquisitions and new product innovations, major firms like Archer Daniels Midland Company and Cargill are focusing on addressing consumer demands for cholesterol-free and lower saturated fat products. Archer Daniels Midland Company, for example, announced plans to buy Chamtor, a maker of wheat-based sweeteners and starches, in 2017.

Some of the leading companies offering wheat protein are Archer Daniels Midland Company, Cargill, Inc., Agridient B.V., MGP Ingredients, Inc., Manildra Group, Roquette Frères SA, Glico Nutrition Co. Ltd., Kröner-Stärke GmbH, Tereos SA, Crespel & Deiters GmbH & Co. KG.

Get More Valuable Insights

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

Product:

  • Wheat Gluten
  • Wheat Protein Isolate
  • Hydrolyzed Wheat Protein
  • Textured Wheat Protein

For:

  • Dry
  • Liquid

Application:

  • Animal Feed
  • Bakery & Confectionary
  • Nutrition Supplements
  • Dairy Products
  • Cosmetics and Personal Care
  • Other Applications

Region:

  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • MEA

Frequently Asked Questions

  • What is the growth rate of the wheat protein market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global wheat protein market?
  • What are the major regional markets for wheat protein?
  • Which region consumes the highest amount of wheat protein?
  • What are the most common types of wheat protein in the market?
  • What are the market’s major application segments?
  • What are the Key companies operating in the market?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports:https://www.futuremarketinsights.com/reports

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Liquid Smoke Market Latest Study Reveals New Growth Dynamics Forecasts to 2032

Future Market Insights presents useful insights and a revised forecast of the global liquid smoke market in its published report titled “Liquid Smoke Market: Global Industry Analysis and Opportunity Assessment 2022-2032.” In terms of revenue, the global liquid smoke market is estimated to exhibit a CAGR of 8% over the forecast period, owing to numerous factors, about which Future Market Insights offers thorough insights and forecasts in this report. The liquid smoke market is valued at nearly US$ 70 million in 2021. During 2022-2032 and reach US$ 151 million in revenues.

Global Liquid Smoke Market: Segmentation and Forecast

The market is segmented based on application, distribution channel, and region. Based on application the segmentation includes, meat and seafood, sauces, pet food and treats, dairy, and others. Amongst all the applications, meat and seafood segment is expected to account for the highest market share, followed by sauces segment over the forecast period. The meat and seafood segment is expected to register a significant CAGR of 7.4% during the forecast period in terms of value. The sauces segment is projected to register highest CAGR of 9.6% over the forecast period in terms of value.

Rising purchasing power in certain countries in regions such as North America, Western Europe, and Eastern Europe, is driving spending on processed food such as smoked products. This in turn is expected to increase uptake of liquid smoke products required in processing food products.  A rise in the trend of pet humanization, wherein pet owners treat their pets like family members, is driving spending on premium pet care and pet food products. This trend, especially prevalent in North America and Europe is expected to boost demand for premium pet food. This, in turn, is anticipated to boost the growth of the pet food and treats segment in the global liquid smoke market.

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Global Liquid Smoke Market: Regional Forecast

This report assesses the trends driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to liquid smoke manufacturers looking to enter the market. In this report, the global liquid smoke market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East & Africa (MEA). This report assesses trends driving the growth of each segment on the global level and offers potential takeaways that could prove substantially useful to liquid smoke manufacturers looking to enter the market. North American market has been estimated to dominate the liquid smoke market, accounting for a maximum revenue share of the market by 2017 end. Among the emerging markets, APEJ is estimated to exhibit the highest CAGR of 9.1% over the forecast period.

Latin America’s liquid smoke market was estimated to be valued at nearly US$ 11 Mn in 2017 and is slated to reach a valuation of nearly US$ 25 Mn in 2027, exhibiting a CAGR of 8.7% during the period of assessment. The Japan liquid smoke market was estimated to be valued at nearly US$ 7 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 14 Mn in 2027, exhibiting a CAGR of 7.5% during the period of forecast.

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Global Liquid Smoke Market: Competitive Landscape

Some of the key players in the global liquid smoke market include Red Arrow International LLC, Baumer Foods, Inc., Azelis SA, B&G Foods, Inc., Ruitenberg Ingredients BV, Kerry Group PLC, MSK Ingredients Ltd., Redbrook Ingredient Services Ltd., Besmoke Ltd. Frutarom Savory Solutions GmbH, and others. In this report, Future Market Insights has discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, product offerings, mergers, and acquisitions. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share collectively.

By Application:

  • Meat and seafood
  • Sauces
  • Pet Food and Treats
  • Dairy
  • Others (Snacks, Bakery & Confectionary)

By Sales Channel:

  • Hypermarket/supermarket
  • Convenience Store
  • Discount Stores
  • Food & Drink Specialty Store
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

The report covers exhaustive analysis on:

  • What is the liquid smoke market size?
  • Which are the largest markets for liquid smoke?
  • How big is the Germany liquid smoke market?
  • What is the outlook on liquid smoke flavored meat?
  • Which are the key liquid smoke market companies?

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About Future Market Insights (FMI)

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

Contact: 

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse latest Market Reports:https://www.futuremarketinsights.com/reports

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