Market Research Blog – Page 3334 – New Product Development

Protein Hydrolysate Ingredients Market Set to Surpass US$ 1.2 Billion by 2032 with 7.25% CAGR – Rising Demand for Specialized Nutrition and Plant-Based Products

The demand for protein hydrolysate ingredients is expected to grow at a CAGR of 7.25% between 2022 and 2032. The global protein hydrolysate ingredients market size is expected to be worth US$ 595.13 million in 2022, rising to US$ 1,198.35 million by 2032.

One of the main factors fuelling the growth of the protein hydrolysate ingredient market share is the rising demand for nutrient-dense food products. Furthermore, the growing use of the ingredient in diet and sports nutrition products is also predicted to increase sales of protein hydrolysate ingredients. Additionally, as the vegan population around the world has grown, so has the demand for vegan food items and high-protein foods. This demand will therefore probably continue to be a driving force for ingredients in plant-based protein hydrolysates.

In the coming years, demand for protein hydrolysate ingredients is expected to rise due to rising consumer interest in specialised nutrition and increased opportunities for protein hydrolysate ingredients companies, notably in the food industry.

The sales of protein hydrolysate ingredients in clinical nutrition is rising as a result of efforts to make sip feeds for the elderly and elderly less viscous. The protein hydrolysate ingredient market outlook has been significantly impacted by this factor, which is further encouraged by the ageing population’s growing concerns about a healthy lifestyle.

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Furthermore, the growing awareness of healthy lifestyles and the increase in consumer participation in sports account for the increasing popularity of protein hydrolysate ingredients. As a result, protein hydrolysate ingredient market share is anticipated to increase as consumers become more aware of food products that are related to their health and nutrition.

Key Takeaways from Protein hydrolysate ingredients market

During the forecast period, the North American protein hydrolysate ingredient market is predicted to develop at a 7.90% CAGR, with the United States contributing the most to worldwide protein hydrolysate product sales.
China is expected to become a prominent market for protein hydrolysate components due to the country’s growing awareness of child health issues and the need for organic infant formula.
According to FMI, Europe is likely to grow at a healthy 6.90% CAGR during the forecast period. The United Kingdom and Germany are the market’s largest producers and exporters.
The Protein Hydrolysate Ingredient Market is dominated by the Milk-based Protein Hydrolysate Segment.
Clinical nutrition, sports nutrition, and infant formula are the most profitable end-user categories in the protein hydrolysate components market.
Powder forms dominate the protein hydrolysate components market because they are easier to blend with a wide range of meals and beverages and have a longer shelf life than liquid forms.

“According to a recent FMI research, companies are particularly concerned with minimising the bitter taste of protein hydrolysate. New producers are developing unique components and attempting to develop enzymes that can be added to meals and beverages without altering the flavour of the finished product.” – says Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competition Landscape in the Protein hydrolysate ingredients market

Leading competitors in the protein hydrolysate ingredients market continue to invest heavily in R&D efforts to offer products with lower bitterness. Furthermore, as social media and modern technology grow, more individuals throughout the world are purchasing infant formula and sports nutrition from online stores. The huge increase in online sales of protein hydrolysate ingredients is expected to help key players in the protein hydrolysate ingredients market financially.

Among the top competitors in the protein hydrolysate ingredients market are Arla Food Ingredients, Costantino & C. spa, Armor Proteines, Kerry Group Plc, Glanbia Plc, Carbery Group Limited, Davisco Foods International, Inc., Hilmar Ingredients, FrieslandCampina N.V., Tate & Lyle plc, Abbott Laboratories, Agropur Inc., Danone S.A., and Fonterra Co-operative Group Limited.

Recent Developments in the Protein hydrolysate ingredients market:

Pevesa Biotech, a Spanish company that specialises in non-allergenic and organic plant protein components for newborn, general, and therapeutic nutrition, was purchased by Kerry in 2020.
The regional collaboration between FrieslandCampina Ingredients and IMCD in Indonesia was expanded in 2020. Through this collaboration, it strengthens its footprint in one of the most rapidly growing performance and active nutrition markets.
In August 2019, Parabel USA Inc. announced the introduction of a pure protein hydrolysate from water lentils that is colourless and designed to serve as an allergen-free replacement to other plant proteins such as soy and pea.

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Protein Hydrolysate Ingredients Market by Category

By Ingredient Type:

Milk
Whey
Casein
Plant
Meat

By Product Form:

Powder
Liquid

By End Use:

Infant Formula
Clinical Nutrition
Sports Nutrition
Bakery & Confectionery
Sauces & Spreads
Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Infant Nutritional Premix Market to Double to US$ 370 Million by 2032 with 4% CAGR – Rising Demand for Convenient and Nutritious Infant Food

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Infant Nutritional Premix are estimated to reach a value of USD 370 billion by 2032, surging at 4.0 % CAGR through the decade.

The infant nutritional premix demand is predicted to rise significantly over the forecast period. The rapid migration of working women into metropolitan areas has resulted in an increased need for quick and nutritious baby nourishment. Consumer understanding of infant food’s potential health benefits has prompted them to regard it as a viable alternative to nursing.

To support good postnatal growth and to reduce newborn morbidity and death, infants require an appropriate vitamin and mineral intake. As a result, babies are provided a high-nutrient food premix to suit their nutritional requirements. Infant nutrition is a broad term that refers to a variety of infant nutrition products for babies and infants.

Newborn nutritional premixes made with organic foods, probiotics, vitamins, and amino acids are becoming increasingly commonly utilised around the world as awareness of their benefits grows.

Increased demand for purified protein-based newborn nutritional premixes, increased investment by key players to create high-quality infant nutritional premixes, and increased innovation in infant nutritional premixes are likely to propel the Infant Nutritional Premix Market over the projection period.

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Key Takeaways from Market Study

Because of the existence of key market players and a high consumption rate, the United States will control over 36% of the global market throughout the projection period.
Vitamin-based infant nutrition premix contributed for roughly a third of the entire market share in 2021, and it is predicted to expand at a rate of more than 5% over the following ten years.
The growing desire for homemade, fresh, organic baby food, are driving the market for infant nutritional premixes in China.
Market players are experimenting with new ways to handle, package, and technical development.

“ Leading organisations around the world are focusing on customising vitamin and mineral premixes, which is propelling the market of Infant Nutritional Premix even further”.- says Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Landscape

Infant Nutritional Premix have a strongly competitive global market. Leading companies are experimenting with new marketing approaches, opening new retail locations, technological advancements, and mergers and acquisitions.

Some of the leading companies offering Infant Nutritional Premix are Koninklijke DSM N.V, Hexagon Nutrition Pvt. Ltd., Vaneeghan International B.V, SternVitamin GmbH & Co. AG, BASF SE , Lycored Limited, Watson Inc., Fenchem Biotek Limited, Farbest Brands, Glanbia Plc., Jubilant Life Sciences, Prinova Group LLC, Barentz International B.V, Vitablend Nederland B.V, ADM.

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Get More Valuable Insights

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

The study divulges compelling insights on the Infant Nutritional Premix based on Form (Powder, Liquid), Ingredient (Nucleotides, Vitamins, Minerals, Amino Acids), Function (Immunity,Bone Health, Digestion, Vision Health, Brain Health & Memory) ,Distribution Channel ( Pharmacy Stores, Supermarkets, Specialty Outlets , , Online channel), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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Liquid Smoke Market Set to Reach US$ 245 Million by 2033 with 11.7% CAGR – Rising Demand for Smoked Food Products and Flavor Enhancers

According to Future Market Insights, the global liquid smoke market size is forecast to increase from US$ 93 million in 2023 to US$ 245 million by 2033. Overall liquid smoke sales are forecast to surge at 11.7% CAGR between 2023 and 2033.

Rising demand for processed food products and increasing usage of liquid smoke for preparing a wide range of food products including barbecue sausage, seafood, and hot dogs are driving the industry forward.

In recent years, liquid smoke has gained immense traction across food service industry as a substitute for actual meat smoking. It is being increasingly used as a flavoring in various food products to make them appealing to consumers.

Usage of liquid smoke helps end users preserve food products as well as provide them with unique tastes. Rapid growth of food processing industry and increasing popularity of smoked food items will boost the global liquid smoke industry during the assessment period.

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The usefulness of the smoke solution is enhanced through the use of more complex food-grade processes such as extraction with oil, spray-drying, and plating onto food and food ingredients such as flour, yeast, and salt. Therefore, the growing processed food industry is expected to play a key role in boosting liquid smoke sales.

Similarly, growing awareness about the health and environmental benefits of liquid smoke is expected to boost sales in the market during the forecast period. Liquid smoke is eco-friendly as it does not release toxic pollutants into the environment.

Another factor that is expected to help the liquid smoke industry to thrive rapidly during the next ten years is the growing preference for barbeque sauces across the world.

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Key Takeaways from the Report:

Based on application, meat and seafood segment will continue to dominate the global liquid smoke market during the forecast period.
By distribution channel, online stores segment will grow at a significant pace over the next ten years.
The United Kingdom liquid smoke market size is projected to reach US$ 13.0 million by 2033.
The USA liquid smoke market is expected to expand at a CAGR of 6.9 % during the projection period.
Liquid smoke demand in Japan is poised to surge at 9.4% CAGR between 2023 and 2033.

Who is Winning?

Leading manufacturers of liquid smoke include Azelis Holdings S.A., B&G Foods, Inc., International Flavors & Fragrances, Inc., McCormick & Company, Inc., Kerry Group PLC, Colgin, Inc., MSK Ingredients Limited, PS Seasoning, Baumer Foods, Aminola, Sacchetto SpA, and Others

Liquid Smoke Industry by Category

By Smoke Type:

Hickory
Mesquite
Applewood
Others

By Application:

Bakeries
Beverages
Dairy
Meat and Sea Food
Pet Food
Others

By Distribution Channel:

Supermarkets
Departmental Store
Modern Trade
Food Chain Services
Online Stores
Food and Liquid Store
Others

By Region, Liquid Smoke Market is Segmented as:

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

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Wheat Protein Market to Reach US$ 5.7 Billion by 2033 with 5.3% CAGR – Fueled by Plant-Based Protein Demand

The wheat protein market is expected to be worth US$ 3.4 billion in 2023, with total Wheat Protein revenue expected to grow at a 5.3% CAGR from 2023 to 2033, reaching around US$ 5.7 billion.

The wheat protein market was valued at US$ 3.3 billion in 2022 and is estimated to increase at a 4.7% CAGR during the forecast period. Absolute dollar growth in the global market is $2.3 billion. Rising demand for wheat protein from various end-use sectors, combined with rising consumer desire for meat-free diets, is a primary factor driving the global wheat protein market.

Wheat protein market growth is predicted to be driven by increased plant-based diet adoption as well as a rise in the number of people adopting vegan diets in developing economies. Furthermore, a growing senior population, rising income levels, and increased urbanization are projected to drive product demand.

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Wheat protein has outstanding possibilities for a wide range of sectors due to several advantages. Bakery items, flour milling, meat replacer, pasta, aqua-feed, breakfast cereal, milk replacer, and pet food are just a few of the applications. The flour miller, also known as the baker’s adjustment, is the most basic and extensively utilized application of wheat protein. As a result, market expansion is expected to be fueled by such a diverse variety of applications for various end-use industries over the forecast period.

Although whey protein isolates are more filtered and processed than whey protein concentrates to successfully eliminate more lactose, those with even a little lactose allergy should avoid such products. Lactose intolerance occurs when the body is unable to digest lactose, a natural sugar found in dairy products such as milk. Plant-based alternatives such as wheat protein are the best option for customers who wish to increase their protein intake for health or training objectives, which may contribute to market growth.

Key Points

Wheat Protein Market is expected to develop at a 5.3% CAGR from 2023 to 2033.
The Wheat Protein Market was dominated by North America.
By 2033, the Wheat Protein Market is estimated to exceed US$ 5.7 billion.
Wheat gluten dominated the product group from 2023 to 2033, accounting for the highest sales share of 3.2%.
China and India are two of the leading producers.

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Recent Developments

In September 2020, ADM introduced Prolite MeatTEX textured wheat protein and Prolite MeatXT non-textured wheat protein, both of which add flesh-like texture to meat and seafood substitute products. They feature a clean taste, a white color basis, and faster water absorption and hydration rates.
MGP Ingredients will debut the ProTerra line of textured proteins in April 2020. ProTerra is ideal for use as an extension or partial substitute for meat in vegetarian/vegan applications, as well as in blended products.
Agrana opened a new wheat starch processing plant in Austria in November 2019. Agrana will be able to increase its wheat starch production capacity thanks to the new plant. Agrana’s enlarged wheat starch mill can process about 650,000 tonnes of wheat per year to create 50,000 tonnes of wheat gluten.
In July 2019, Cargill invested US$ 200 million in the production of wheat-based ingredients at its Krefeld, Germany, manufacturing facility. This investment will enable the company to diversify its wheat protein portfolio and address the growing market demand for protein-rich foods.

Wheat Protein Market Key Segment

By Product:

Wheat Gluten
Wheat Protein Isolate
Hydrolysed Wheat Protein
Textured Wheat Protein

By Form:

Dry
Liquid

By Application:

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

By Region:

North America
Latin America
Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa (MEA)

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Feed Enzymes Market Poised to Reach US$ 1.8 Billion by 2033 with 4.4% CAGR – Rising Growth in Animal Feed and Digestive Health Enhancement

The global feed enzymes market size is estimated to grow to US$ 1.2 billion in 2023 and is projected to reach US$ 1.8 billion by 2033. The market is expected to record a CAGR of 4.4% during the forecast period.

In the Face of Antibiotics Ban, Feed Enzymes Emerge as Lucrative Alternative

Several developed markets have banned the use of antibiotics for livestock. As a result, feed enzymes have emerged as an alternative. Since they pose few side effects when properly used, they aid in digestion and immune boosting. Hence, a significant segment has started preferring immune-boosting feed enzymes over conventional antibiotics.

Possible Side-Effects of Feed Enzymes, Major Hurdle to Market Growth

The vast array of benefits that can be reaped through feed enzymes is limited by physiological factors impeding enzyme action. Moreover, feeding enzymes to livestock over the prescribed limits could have undesirable consequences. The level of the enzyme to be administered to an animal depends on various factors such as age, size, breed, and such. The same can only be determined by an experienced professional such as a veterinarian. Certain enzymes when consumed improperly can cause blood thinness, diarrhea, and vomiting in animals

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Key Players Keen to Cater to Niche Markets

Since feed enzymes are increasingly being preferred over antibiotics, key players are aiming to boost production efficiency. Different livestock animals have different feed enzyme requirements depending on their characteristics. Hence, key players need to develop unique product variants to cater to the livestock market. The current forecast period is already witnessing the launch of diverse product lines, by top manufacturers such as DSM and ADM.

Key Takeaways from the Report:

In terms of revenue, the Feed enzymes market grew at a CAGR of around 4.8% during 2017 and 2022.
During the forecast period, the Chinese market is projected to grow at a CAGR of 4.3% to attain a valuation of US$ 178.4 million by 2033.
The Indian industry is projected to expand at a CAGR of 4.3% between 2023 and 2033 to attain a valuation of US$ 80.4 million.
The U.S. market is anticipated to grow at a CAGR of 4.5% during the forecast period.
The Carbohydrase segment is expected to grow at a CAGR of 3.8% between 2023 to 2033.

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Key Market Developments:

Danisco Animal Nutrition recently launched the Extra PHY GOLD, a new variant of phytase enzyme.
The second generation of ProAct 360, which is a protease enzyme, was released by the DSM in collaboration with Novozymes Feed Enzymes Alliance.
ADM is all geared up to launch new R&D labs in the United States. These focus on developing sustainable variants of feed enzymes.
CapriEnzymes is an Indian startup that harnesses biotechnology to produce innovative enzyme variants.
BRI is a startup primarily focusing on the research and development of sustainable feed enzyme additives.

Key Players:

BASF SE
DuPont
Associated British Foods Plc
BEHN MEYER
DSM
Azelis S.A.
Rossari
BIO-CAT
BEC Feed Solutions
Adisseo
Bioproton Pty Ltd.
Novus International
BioResource International, Inc.,
Alltech
Lesaffre
Karyotica Biologicals Pvt Ltd.
Aum Enzymes
Biovet
Chr. Hansen Holding A/S
CapriEnzymes
Advanced Enzyme Technologies

Feed Enzymes Market Segmentation

By Form:

Dry
Liquid

By Product:

Phytase
Carbohydrase
Protease

By Source:

Microorganisms
Plants
Animals

By Animal:

Poultry
Ruminants
Swine
Aquatic Animals
Others (Equine & Pets)

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Modified Flour Market Set to Reach US$ 191.3 Billion by 2032 with 7.6% CAGR – Key Brands and Bakery Demand Driving Growth

The global modified flour market is set to witness growth at a CAGR of 7.6% and top a valuation of USD 1,91,326.1 Mn by 2032.

According to the estimate, the global demand for soy flour items will gain the most popularity in the global modified flour market. Soy flour is predicted to grow at the fastest rate of 5.2 percent throughout the forecast period.

Geographically, the modified flour business in Europe and America has indeed grown at a rapid speed. The rise of these worldwide markets for modified flours might be attributed to the consistency of the bread industry in such places. Because conventional flour mixes are being replaced by modified flours in places like China, the APAC region for modified flour is rapidly expanding.

Because of the rising product portfolios of various supermarkets and confectionery products, the global market for modified flour has been developing. The use of flour in the manufacturing of bakery items has also enabled the worldwide market for modified flours to grow.

Water suspension and high mixability are additional beneficial properties of modified flour, that is a key driver for the market in the worldwide modified flour market. Textured flours have become increasingly popular throughout the world, so this factor will continue to fuel growth in the worldwide market for modified flour in the years ahead.

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The increased use of wheat flour has resulted in an equal growth in demand of wheat flour modification in various parts of the world. In 2020, wheat flour was perhaps the most best seller in the global modified flour market, accounting for more than half of total volume, so by the end of year 2032, over 830,000 tonnes of wheat flour will have been converted globally.

By 2032, activated carbon elements would most likely be the key ingredients in the bulk of flour blends. Over the forecasted timeframe, activated carbon-treated flours are expected to increase at a CAGR of 7.2%. The marketplace for modified flours including cellulose fibre and cellulose methyl elements is also growing. By the end of 2032, around 230,000 tonnes of modified flours containing cellulose fibre would have been marketed worldwide.

Exports of directly changed flour are projected to account for half of all modified flour earnings in the worldwide market. Over 780,000 tonnes of modified flours would be distributed globally through direct sales channels.

Key Takeaways from Market Study

The modified flour market is expected to expand at CAGRs of 5.3% and 6.9% in America and the Middle East & Africa, respectively, through 2032.
Europe currently holds around 24% market share of the total marketplace.
Modified Flour is selling well in worldwide marketplaces, owing to the rising consumer demand for healthy and nutritious foods.
During the projection period, digital sales of modified flours would expand at a CAGR of 20%.
Due to the massive COVID-19 outbreak, the distribution system for modified flour was affected, causing a market stall. Nevertheless, with nations giving possibilities and growing consumer desire for nutritious food items, the industry is likely to rise significantly.

“Modified flour manufacturers will indeed make a lot of money if they targeted the food and beverage industries. Because of the increasing demand for gluten free throughout the world, the nutritional sector might be a viable market for modified flour market.,” says Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

To improve the quality of their goods, leading makers of modified flour are concentrating on technology development

Nordian Capital came into an acquisition with Limagrain Cereals to sell Unicorn Grain Specialties to Limagrain Cereals Ingredients. According to Limagrain, the combination of skills, will serve clients in the bread, snacking, breakfast cereal, ready meals, and animal nutrition industries with greater knowledge and novel ingredients.
KaTech, a privately held firm in Germany that delivers superior texture and stability services to the food and beverage industry, has been purchased by Ingredion Incorporated, a prominent global supplier of ingredient solutions to the food and beverage industry.

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Segments Covered in Modified Flour Market Analysis

By Region :

North America
Latin America
Europe
Japan
APEJ
MEA

By Product Type:

Wheat Flour
Maize Flour
Rice Flour
Soya Flour
Others

By Application:

Bakery & Confectionery
Extruded Snacks
Soups
Packaged Food
Other Application

By Ingredients:

Activated Carbon
Microcrystalline Cellulose (MCC)
Methylcellulose
Carboxy-methyl cellulose (CMC)
Ethyl cellulose
Phosphorus Chemicals
Succinic Acid

By Sales Channel:

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

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Lactates Market Forecasted to Reach US$ 1.1 Billion by 2032 with 3.7% CAGR Rising Demand for Biodegradable Products and Skin Care Innovations

According to recently released statistics on lactates market analysis, the market for lactates is predicted to be worth USD 653.1 million in 2022 and USD 1.1 billion by 2032, representing a CAGR of 3.7% in terms of value.

According to the forecast presented in the report, the global lactates market is estimated to be valued at USD 653.1 million in 2022 and is projected to reach USD 1.1 billion by 2032, recording a CAGR of 3.7%, in terms of value. Growing demand for lactates as preservatives in bakery products and increasing demand for lactates in dietary supplements are some of the driving factors behind the growth of the global market for lactates.

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Global Lactates Market: Factors Impacting Revenue Growth

Sustainable demand for lactic salts in anti-ageing and premium cosmetic formulations
Increasing consumption of lactates in the oral care industry
Growth in the mineral industry in Asia Pacific is an indirect driver for lactates market growth
Increasing demand for calcium salts in the treatment of osteoporosis
Rise in healthcare expenditure in the Middle East & Africa
Expansion of production capacity to enhance the sales prospects of lactates

Global Lactates Market: Forecast by Application

On the basis of application, the global lactates market is segmented into food & beverages, pharmaceuticals, personal care, animal feed, agriculture, and others. The application of lactates in beverages is estimated to increase globally.

This is attributed to increased consumer demand for micronutrients in drinks such as juices, ready-to-drink premixes, and powdered beverages. Consequently the food & beverage segment makes up the highest market share both in terms of value and volume, and will retain its dominant position over the forecast period.

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Global Lactates Market: Forecast by Form

On the basis of form, the global lactates market is segmented into solid and liquid segments. In terms of value and volume, the liquid segment is expected to exhibit the highest growth over the forecast period. In 2017, the liquid segment was valued at US$ 188.1 Mn, which is expected to reach US$ 313.7 Mn by 2027, expanding at a CAGR of 5.2% during the projected period.

Global Lactates Market: Forecast by Product Type

On the basis of product type, the global market for lactates is segmented into Sodium Lactates, Potassium Lactates, Calcium Lactates, Magnesium Lactates, Zinc Lactates and Others. Sodium Lactates and Zinc Lactates captured equal revenue share in the year 2017 and will witness relatively good growth during the forecast period.

Global Lactates Market: Forecast by Region

In terms of volume, APEJ is expected to exhibit the highest growth during the period of study, closely followed by Japan. On the other hand, MEA makes up the smallest market share, both by value and volume, and is expected to grow steadily over the forecast period. North America is expected to account for the highest market share both in terms of value and volume, and will retain its dominant position over the forecast period.

Global Lactates Market: Key Players

Corbion N.V., Merck KgaA, Seidler Chemical Co, Inc., Alfa Aesar GmbH & Co KG (Thermo Fisher Scientific Inc.), Caldic B.V., FBC Industries, Inc., Global Calcium Private Limited, Musashino Chemical Laboratory, Ltd., Henan Jindan Lactic Acid Technology Co., Ltd, Pfanstiehl, Inc., Jungbunzlauer SuisseAG, ISALTIS, American Elements, Dr. Paul Lohmann GmbH KG, Jost Chemical Co., Galactic s.a., Zhengzhou Tianrun Lactic Acid Co., Ltd., BSA Inc., Prathista Industries Limited and Magnesia GmBh are some of the leading companies profiled in the report.

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Market segmentation

By Form :

Solid
Liquid

By Application :

Food and Beverages Industry
- Meat and Seafood Products
- Bakery
- Dairy
- Beverages
- Others
Pharmaceutical Industry
Personal Care Industry
Animal Feed Industry
Agriculture Industry
Others

By Product :

Sodium Lactates
Potassium Lactates
Calcium Lactates
Magnesium Lactates
Zinc Lactates

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Ham Slicer Market Growth: Industry Anticipating 6.7% CAGR by 2033

The ham slicer market caters to both household and commercial kitchens, offering a convenient and efficient way to slice various deli meats and cheeses. Let’s delve into the current landscape of this market, explore the exciting opportunities for growth, and examine the future trends that will shape its scope.

Current Scenario:

Ham slicers find application in diverse settings:

Homes: Household slicers allow home cooks to achieve restaurant-quality thin cuts of ham, roast beef, and other deli meats for sandwiches, salads, or charcuterie boards.
Delicatessens and Gourmet Shops: Commercial-grade slicers are essential for these businesses to prepare sliced meats and cheeses for purchase by weight.
Restaurants and Foodservice: Ham slicers are used in professional kitchens to prepare cold cuts for sandwiches, salads, and charcuterie platters.
Supermarkets and Grocery Stores: Deli counters often utilize ham slicers for preparing sliced meats and cheeses for pre-packaged offerings or customer service.

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The market offers a variety of ham slicers to suit different needs:

Gravity-Feed Slicers: Utilize the weight of the meat to push it down against the blade, ideal for home use or small delis.
Electric Slicers: Offer motorized operation for effortless slicing, suitable for commercial kitchens and high-volume use.
Automatic Slicers: Advanced models with programmable settings for slice thickness and portion control, ideal for busy deli counters or restaurants.

Opportunities Abound:

Several factors present exciting opportunities for the ham slicer market:

Rising Demand for Convenience: Consumers increasingly seek convenient food preparation solutions, making ham slicers attractive for home kitchens.
Growing Popularity of Charcuterie Boards: The charcuterie board trend fuels demand for home slicers to create visually appealing presentations of cured meats and cheeses.
Focus on Freshly Sliced Deli Meats: Deli counters with high-quality ham slicers can attract customers seeking fresh, high-quality sliced meats.
Restaurant Focus on Artisan Ingredients: Restaurants offering artisanal cured meats and cheeses benefit from using high-performance ham slicers for consistent and attractive presentations.
Expanding Online Sales: The growing popularity of online retailers creates opportunities for wider distribution of ham slicers to both home cooks and commercial kitchens.

Future Scope:

The future of the ham slicer market is expected to witness advancements in several areas:

- Smart Slicers with User-Friendly Features: Integration with digital displays and touch controls can simplify operation and offer recipe-based slicing settings.
- Focus on Design and Aesthetics: Sleek and stylish designs will enhance the visual appeal of ham slicers for modern kitchens.
- Improved Safety Features: Advanced safety mechanisms like blade guards and finger guards will prioritize user safety.
- Material Innovations: Durable and easy-to-clean materials will improve slicer hygiene and extend product lifespan.
- Focus on Sustainability: Manufacturers may explore energy-efficient motors and slicer parts made from recycled materials.

Threads of Success: Textile Flooring Market Expected to Unfold with a CAGR of 5.20% by 2033

The global textile flooring market is on the brink of a substantial valuation, projected to reach US$ 9,744.7 million by 2023. The growth is primarily driven by the burgeoning interest and insights surrounding the textile flooring market. The trend is anticipated to open doors to new opportunities within the market, with a projected CAGR of 5.20% from 2023 to 2033. By 2033, the market is poised to soar to an estimated total valuation of around US$ 10,251.42 million.

Textile floorings represent a class of high-end carpeting that embraces premium textiles and materials, crafting opulent and exquisite flooring solutions. These textile-based floor coverings radiate luxury and are prominently showcased in upscale residential properties, high-end retail spaces, luxurious hotels, and prestigious settings where an amalgamation of comfort, aesthetics, and exclusivity holds paramount significance.

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The niche segment of the flooring market caters to a discerning clientele who demand underfoot comfort and an elevated sense of luxury in their surroundings. As a result, the surge in demand for luxury products is steering the textile flooring market growth.

Certain environmental challenges emerge amid the opulence and grandeur associated with textile floorings. The disposal and recycling of textile materials pose significant concerns for the environment. The inherent intricacies in managing the lifecycle of these products give rise to environmental dilemmas.

The safe and sustainable disposal of textile floorings remains a pressing challenge. As a result, the growing environmental consciousness in society is expected to exert a restraining influence on the market’s growth.

Despite the glamour and appeal of textile floorings, the underlying environmental issues cannot be ignored. The proclivity of such luxurious products to persist as a source of waste in landfills raises questions about their eco-friendliness. Concerns about these materials environmental impact necessitate a comprehensive rethink of how luxury and opulence in interior design can be harmonized with sustainability.

Key Takeaways from the Textile Flooring Market Report:

The market valuation in 2022 was US$ 5 million.
Based on material type, synthetic material is expected to dominate at a market share of 85.7% in 2023.
Japan is estimated to register at a CAGR of 2.30% by 2033.
Germany experiences significant growth, projected at a CAGR of 7.30% by 2033.

“The surging adoption of floor covering across luxury homes and rising demand for application-specific flooring options, such as anti-allergenic, heat resistance, etc, is considered a major driving factor of the textile flooring market,” – says FMI analyst.

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Competitive Landscape:

The textile flooring industry boasts a substantial array of market participants. Research and development play a pivotal role among these players, primarily focusing on introducing eco-friendly product lines as a core aspect of their manufacturing endeavors. Furthermore, they employ various expansion strategies, including collaborations, mergers and acquisitions, and diligent exploration of regulatory approvals to bolster their market presence.

Some of the key developments are

Cosmo Speciality Chemicals has introduced a new cost-effective textile product, Silky SF. Silky SF offers outstanding softening effects across various textiles as a cationic softener, providing a silky touch to the fabric. This innovative addition to the textile industry enables improved fabric quality and enhances the tactile experience for consumers.
Country Homes and Interiors significantly enhanced its product offerings and extended its reach by partnering with the renowned British flooring brand Fibre Co. The collaboration is set to introduce a fresh and contemporary collection featuring 100% pure wool carpets and rugs.

Key Companies Profiled

Mohawk Industries, Inc.
Interface Inc.
Beaulieu International Group N.V
Tarkett SA
Balts Group
Shaw Industries Group Inc.
Forbo Holding AG
Mannington Mills, Inc.
J+J Flooring Group
Vorwerk and Co. KG

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Textile Flooring Market Segmentation:

By Material Type:

Synthetic Textiles
Animal Textiles
Plant Textiles

By Product Type:

Rugs
Carpets

By Technology:

Tufting
Woven
Needlefelt

By Application:

Residential
Commercial
Others (Industrial, etc.)

By Region:

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

About Future Market Insights (FMI)

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

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Metal & Metal Oxide Nanoparticles Market to Boom at 11.6% CAGR: Driven by Personal Care and Pharma

The global metal & metal nanoparticles market is anticipated to register remarkable growth over the projection period ranging from 2022 to 2032. The global market is expected to reach a valuation of US$ 29,958.8 Million by the year 2022 and sales of metal & metal oxide nanoparticles are expected to expand CAGR of 11.6% and to top a valuation of US$ 89,894.6 Million by 2032. Rising awareness about health, hygiene & well-being is the major factor propelling the demand for personal care products, which in turn is expected to boost the demand for metal & metal oxide nanoparticles.

In the wake of surging desire for personal care products, the global metal & metal oxide nanoparticles market is projected to directly affect the personal care & cosmetics sector. There is a drastic surge in the number of new nanoparticle characterization products attributed to the global expenditure on nanotechnology research rises. The global metal and metal oxide nanoparticles market is expected to grow rapidly in the coming years.

Owing to the rapidly expanding application scopes of metal nanoparticles, metal nanoparticles are widely used within end-use industries such as pharmaceuticals and healthcare, personal care and cosmetics, chemicals, transportation, and others. According to the current estimations, the market growth for personal care products & pharmaceuticals drugs is expected to bolster the demand for metal & metal oxide nanoparticles during the projected period.

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Key Takeaways

Several types and forms of nanomaterials are employed in the cosmetics business. It is a fact that rapid evaluation of a rising number of nanostructures is taking place owing to the advancements in research and development activities in the cosmetics sector.
For several companies, it has been a clear goal to find the best suitable and affordable nanomaterials in order to employ them in aesthetic applications. As opposed to cosmetics made on a smaller scale, nanoparticle-based products have certain distinct benefits.
The cosmetics industry uses nanoparticles (NMs) in order to achieve more stability and long-lasting effects. There is a large surface area of nanoparticles which is why the active components can be transported more effectively into the skin. New color components, transparency (like in sunscreens), and long-lasting effects (like in nail paint and lipstick) are other major applications of nanoparticles in cosmetics.
During the utilization process of NMs, the ultimate objective of the cosmetics industry is to administer the appropriate dosage of chemicals to the targeted body areas and to achieve long-term stability. NMs are now used frequently in skin care products, specifically, as UV filters in sunscreens.
Owing to the rising global spending on nanotechnology research, there is a quick surge in the number of novel nanoparticle characterization products. Several nations across the globe are now investing significant public funds in nanotechnology research and development initiatives. Hefty public investments were made in the business throughout the past decade. The U.S. makes considerable investments in the study of nanotechnology.

Competitive Landscape

The global metal & metal oxide nanoparticles market is an immensely fragmented market with the presence of dominant market players all over the world. Key players are concentrating on expansion & partnership activities to boost their sales & global footprints. While other key players are concentrating to enhance their regional as well as global presence.

Key Companies Profiled in Metal & Metal Oxide Nanoparticles Market include American Elements, U.S. Research & Nanomaterials Inc., Nanoshel LLC, Meliorum Technologies Ltd, Nanostructured & Amorphous Materials, Inc., Nanophase Technologies Corporation, Showa Denko KK, NanoComposix Inc., Tekna Systèmes Plasma Inc., Sigma-Aldrich Co LLC, Shanghai Huzheng Nanotechnology Co., Ltd

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More Insights into the Metal & Metal Oxide Nanoparticles Market

The United States is anticipated to dominate the North American region attributed of the better healthcare infrastructure & high investment in the healthcare segment. An important benefit of using nanoparticles for medical applications comprises their capacity to transport active ingredients. One advantage of this is that therapeutic molecules can be anchored to their surface due to their large surface area. The metal & metal oxide nanoparticles market in the U.S. is expected to reach about US$ 15,128.3 Mn by end of the year 2032.

European cosmetics and personal care market is anticipated to go alongside the U.S. The largest national market for cosmetics and personal care products within Europe is Germany according to Cosmetics Europe Association. Therefore, the Metal & Metal Oxide Nanoparticles market in Germany is expected to expand at a CAGR of 14.1% during 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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani