Market Research Blog – Page 3412 – New Product Development

Rapid Growth Anticipated: Feed-Grade Oils Market Set to Surpass US$ 576.5 Million by 2033, with 6.6% CAGR

Feed grade oils market is forecasted to achieve a valuation of US$ 576.5 million by 2033, experiencing a robust CAGR of 6.6% during the ten years, starting from US$ 302.9 million in 2023.

The feed grade oils sector has grown greatly due to multiple factors. Key reasons include growing customer interest in sustainable options and greater general knowledge of the health benefits of feed grade oils.

The market is limited by price fluctuation and possible environmental effects. Threats include competition from other feed-grade oils types and different protein sources. On the other hand, there is potential for taking advantage of growing markets, exploring new marketing paths, and making ground-breaking feed grade oils to meet changing customer standards.

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Market Opportunities

In feed grade oils industry, there are ample opportunities as people are becoming more health conscious, so they want healthy food products, and feed grade oils have many health benefits, like – improving heart health and reducing inflammation. Nowadays, customers are demanding organic and natural products, creating many opportunities in the feed grade oils market.

Feed grade oils industry is growing quickly in many countries with a great CAGR value. The market also wins from cultural ties and a worldwide audience, raising its appeal to domestic and foreign buyers.

Key Takeaways

The global feed grade oils sector experienced a steady growth rate, with a CAGR of 6.6% from 2023 to 2033, indicating a positive trajectory for the market over the forecast period.
Projections indicate that the feed grade oils industry is set to expand and reach a US$ 576.5 million value by 2033, reflecting the increasing demand and potential opportunities in the industry.
In 2022, the United States emerged as the leading market for feed grade oils, capturing a significant share of 31.2%, highlighting its dominance and presence in the industry.
Germany showcased notable growth in the feed grade oils sector in 2022, capturing a market share of 7.7%, indicating a rising interest and involvement in the business.
India witnessed significant expansion in the feed grade oils market in 2022, securing a substantial market share of 8.1%, reflecting the country’s growing market potential and opportunities.
Japan emerged as a dominant player in the feed grade oils industry in 2022, capturing a significant market share of 3.2%, indicating its involvement and influence in the industry.

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Competitors Winning Strategies
Competitors in the feed grade oils industry are applying many strategies to become the leading company in the sector. They are doing research and development and making new products which help the customer choose over a variety of what they want.

Companies are targeting their customers and showing marketing advertisements to show the ads to the right customers. Companies are also expanding their products globally to serve all customers worldwide. With this, they get many new customers.

ADM, Cargill, Wilmar International, AAK, IFF, Ruchi Soya Industries, Bunge, and Golden Agri-Resources are some leading competitors in feed grade oils sector.

Recent Developments:

Cargill has released an additional line of feed-grade oils carefully made for aquaculture applications. The oils have been shown to enhance the feed economy and fish development rates.
Diversified Brands has purchased the businesses of Tri-Flow, a major maker of food-grade oils. The purchase will allow Diversified Companies to grow its goods options in the feed-grade oils market.
Natoli Engineering Company introduced an additional line of synthetic food-grade oils meant for great performance uses. The oils have been claimed to offer better protection against wear and corrosion.

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Key Segments Covered in the Feed Grade Oils Industry Survey

Feed Grade Oils Market by Application:

Poultry Feed Grade Oils
Swine Feed Grade Oils
Ruminants Feed Grade Oils

Feed Grade Oils Market by Product Type:

Feed Grade Oils containing Vitamin D
Feed Grade Oils containing Vitamin E
Feed Grade Oils containing Soybean
Feed Grade Oils containing Palm Oil
Feed Grade Oils containing Canola Oil
Feed Grade Oils containing Fish Oil
Feed Grade Oils containing Other Products

Feed Grade Oils Market by Region:

North America Feed Grade Oils Market
Latin America Feed Grade Oils Market
Europe Feed Grade Oils Market
Asia Pacific Feed Grade Oils Market
Middle East & Africa Feed Grade Oils Market

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Vegetable Concentrates Market Poised to Reach US$ 7.7 Billion by 2033 with 4% CAGR, Fueled by Consumer Demand for Clean-Label Products

An industry report estimates that vegetable concentrates Market is expected to generate US$ 5,223.92 million by 2023. According to estimates, the market is forecast to reach US$ 7,716.96 million between 2023 and 2033, representing a CAGR of 4%. Due to changing lifestyles and growing health and benefit awareness, vegetable concentrate markets are expected to grow in the market.

Research shows that supplementing geriatric populations with vegetable concentrates can lower cholesterol levels and inflammation markers, especially in inflammation-prone individuals. For instance, Australian researchers evaluated the effects of fruit and vegetable supplements on people older than 40 who have a BMI over 28 kg/m2. They estimate that overall cholesterol was reduced by 3.5 percent, including LDL cholesterol, corresponding to a weight loss of 4kg and an overall reduction of 9% in cardiovascular disease risk.

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Among consumers who are becoming more aware of food choices, in 2023, the food industry is expected to undergo a few changes. Demand for food and beverages with immune-boosting components in combination with the trend toward sustainable, renewable, plant-based foods is driving demand for these products and constituents. In recent decades, the Do It Yourself (DIY) phenomenon has grown in popularity, and it is expected to continue in growing years.

With the advent of new devices and innovative technologies, vegetable concentrates will become more in demand in the future. Rapid changes in the market are leading companies to rethink their strategy of expanding outside of their traditional markets. In addition to broadening their product portfolios and introducing new products, food, and beverage companies plan to capture international and domestic markets.

Key Takeaways from the Market Study

According to the report, the vegetable concentrates market exhibited a growth rate of 2.1% between 2018 and 2022.
Puree-based vegetable concentrates held a market share of 35.60% in 2022.
United States vegetable concentrates accounted for 23% of market share in 2022.
With significant growth over the past few years, the beverage industry accounted for 32.60 % of the market in 2022.
According to estimates, the Indian industry exhibited a CAGR of 4.8% in 2022.
As of 2022, the German market for vegetable concentrates contributed 13.2% to the global market share.
According to estimates, tomato concentrates accounted for 31.70% of the market by 2022.

“With the increasing health and nutritional benefits of vegetable concentrates and the growth of supplements in the market, vegetable concentrates are expected to increase in demand. Increasing consumer demand for clean labels and vegan diets will drive vegetable concentrate growth in the market,” says an FMI analyst.

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Competitive Landscape

Product launches are one of the key strategies used by companies operating in the market. The focus of research activities is aimed at enhancing the flavor, texture, and nutritional value of concentrates made from vegetables. Some of the companies are focusing on mergers and acquisitions as their key strategies to gain a competitive advantage.

In May 2023, Dongwon F&B hosted a large-scale event with 51 percent discounts on its healthy functional foods. Under its premium health functional food brand Oliniq, it produces a highly concentrated multivitamin called Ultra Vita Action. Liquid, capsules, and tablets are all combined in one bottle. It can be taken once a day anywhere, anytime without water.

Key Companies Profiles

Kerr Concentrates
Lemon Concentrate
Encore Fruit
Greenwood
SVZ
Dohler Group
Kanegrade
YAAX
Rahal Fruits and Flavors
Food Ingredients United States

Know More about What the Vegetable Concentrates Market Report Covers

Future Market Insights offers an unbiased analysis of the global vegetable concentrates market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the vegetable concentrates market, the market is segmented based on product form, application, vegetable type and sales channel across seven major regions.

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Vegetable Concentrates Market by Category

By Product Form:

Puree Form
Powder Form
Pieces Form
Frozen Form

By Vegetable Type:

Tomato
Beetroot
Pea
Carrot
Pumpkin
Other Vegetables

By Application:

Beverage
Soups & Sauces
Confectionery
Other Applications

By Sales Channel:

Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
Online Sales Channel
- Company Website
- E-commerce Platform

By Region:

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

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Ponceau 4R Market to Hit US$ 8.2 Million by 2032 with 2.7% CAGR, Offering Stable Investment Potential

The global ponceau 4R food colors market is set to witness growth at a CAGR of 2.7% and top a market valuation of US$ 8.2 Mn by 2032. Currently, the market stands at US$ 6.1 Mn by value. Ponceau 4R is a strawberry red azo dye which is used in a variety of food and beverage products.

Ponceau 4R, a synthetic food coloring, has gained significant traction in the global food industry due to its vibrant red shade and wide applications. The Ponceau 4R Colors Market has witnessed remarkable growth as food and beverage manufacturers increasingly seek visually appealing products to attract consumers. This water-soluble dye is commonly used in confectioneries, beverages, sauces, and various processed foods. Its approval by regulatory authorities like the FDA and EFSA has further boosted its demand.

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FMI study indicates that synthetic food colors will account for nearly US$ 1.06 Bn of sales in the global market by the end of 2032. Out of this, the ponceau 4R colors market will have a market share of 0.9% by 2032. By volume, the market had a consumption of 1300 metric tonnes globally in 2021.

The global azo dyes market of which the ponceau 4R colors are a part, is influenced by growing demand for innovative, unique-looking food dishes, and changing taste and food preferences. This trend has been complemented further due to the increasing use of photo-sharing social media worldwide.

The synthetic food colors market is for the masses and is widely used by the food processing industry across the world, unlike natural food colors which is a niche market. Ponceau 4R, also called new coccine, cochineal red A, and brilliant scarlet 4R is a synthetic black diazo that is highly effective and easily imparts intense uniform color in food and beverage products at a faster pace.

The global ponceau 4R food colors market is dominated by the Indo-China region and Brazil. An increase in consumer discretionary income in regions such as the Middle East, South America, Asia Pacific, and Africa has made it easier for customers to consume more ready-to-eat processed food products augmenting the demand for ponceau 4R.

Ponceau 4R is banned in the U.S. while the European acceptable daily intake (ADI) is 0.7 mg/kg. Such regulations across developed countries and potential side effects remain a key restraint to the ponceau 4R colors market.

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“Companies producing ponceau 4R would gain significantly by targeting the confectionery and baked foods sectors. Establishing strategic alliances with global candy, confectioneries, savory snacks, viennoiseries, and bakery food brands would immensely help these artificial food colorant brands,” says an FMI analyst.

Key Takeaways:

The Asia-Pacific Ponceau 4R market exhibited sales of 342 metric tons by volume in 2021 and is expected to grow at 2.37% CAGR, one of the highest among regions, between 2022 and 2032.
In Europe, the Middle East, Africa, and India profiled as the EMEAI region, the demand for Ponceau 4R food colors is expected to grow at 1.8% CAGR between 2022 and 2032, while the Indian Subcontinent is poised to have a revenue of USD 450,000 by 2032.
The North America ponceau 4R food colors market is upheld only by Canada and Mexico as the food colorant is banned in the U.S. The North America market totaled US$ 371,200 in 2021.
By application, the candy and confectionery industry holds the highest market share of roughly 22%.
The meat and poultry industry’s consumption of ponceau 4R was US$ 237,000 in 2021.

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Medium-Chain Triglycerides Market Set to Reach US$ 1.57 Billion by 2033 with 6.2% CAGR, Driven by Increasing Demand from Health-Conscious Consumers

The medium-chain triglycerides market is predicted to be worth US$ 860.54 million in 2023 and rise to US$ 1,570.42 million by 2033. Initially, the global market was expanding at a 6.2% CAGR during the forecast period.

Using medium-chain triglycerides oil in addition to a ketogenic diet helps the liver’s ability to convert ketones. Customers thus employ ketogenic medium-chain triglycerides to improve people’s health. The growing need for supplements for weight management and the expanding use of MCTs in the food and beverage industries are driving the demand for MCT supplements.

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Growing consumer interest in natural and organic beauty products presents an opportunity for the market under investigation. Due to worries about the potential health dangers linked with using synthetic components in cosmetic products, consumers are becoming more interested in natural and organic alternatives.

MCTs are a sought-after component for natural and organic cosmetic products, as they are obtained from natural sources like coconut oil and palm kernel oil. MCTs are also a sustainable and environmentally beneficial element, which is something that customers are emphasizing continuously. Since MCTs are made from renewable materials, they satisfy the needs of many customers who seek out products with minimal environmental impact.

Key Takeaways

In 2022, the United States was expanding at a market share of 82.6% in the medium-chain triglycerides market and continues to expand at a CAGR of 5.8% by 2033.
The medium-chain triglycerides market was significantly expanding, with a size of US$ 810.3 million in 2022.
The market is anticipated to expand at a valuation of US$ 1,030.73 million by 2026, as a result of adapting to a healthy diet.
Due to the market’s excellent potential and rising utilization among athletes, analysts expect it is likely to rise 1.06 times between 2022 and 2023.
As demand increases among millennials and Gen-Z, the market in Germany is expected to develop at a significant CAGR of 5.5% by 2033.
Based on form, the liquid segment dominated the market in 2022 and continued to lead the market with a CAGR of 4.2% during the forecast period.
Based on the source, coconut led the market in 2022 and continues to lead the market with a CAGR of 3.7% during the forecast period.
The food and beverage industry dominated the market in 2022 and is likely to hold the top spot with a CAGR of 4.5% throughout the projected period.

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Critical Approaches Increasing Top Players’ Wealth

Manufacturers are spending more on marketing and promotion initiatives to raise customer awareness and spur demand for their products. As people become more aware of the health benefits of MCTs. This entails social media campaigns, targeted advertising, or sponsorships of sporting events and conferences focused on health.

Recent Developments

In September 2021, ABITEC and DKSH updated their agreement to increase the distribution of specialty lipids across Europe. The deal attempts to extend and expand the two companies’ presence in these developing nations. Whereas, strengthening their already solid collaboration.
Nexe Innovations, a producer of plant-based materials, debuted a micro-ground soluble coffee in a fully compostable coffee pod in February 2021. This micro-ground coffee contains organic medium-chain triglycerides.

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Key Segments

Medium-chain Triglycerides By Form:

Medium-chain Triglycerides in Dry Form
Medium-chain Triglycerides in Liquid Form

Medium-chain Triglycerides By Source:

Medium-chain Triglycerides from Palm
Medium-chain Triglycerides from Coconut
Medium-chain Triglycerides from Others

Medium-chain Triglycerides By Application:

Medium-chain Triglycerides for Personal Care
Medium-chain Triglycerides for Food & Beverages
Medium-chain Triglycerides for Pharmaceuticals

Medium-chain Triglycerides By Product Type:

Medium-chain Triglycerides as Caproic Acid
Medium-chain Triglycerides as Capric Acid
Medium-chain Triglycerides as Caprylic Acid
Medium-chain Triglycerides as Lauric Acid

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Chromium Picolinate Market to Hit US$ 28.5 Billion by 2033, Boasting 8.6% CAGR, Fueled by Rising Health Consciousness and Wellness Trends

The chromium picolinate market is expected to be valued at US$ 12.5 billion in 2023 and is projected to reach US$ 28.5 billion in 2033. The market is projected to register a growth rate of 8.6% between 2023 and 2033.

An upsurge in the need for high-nutritional food products and growing sports and athletic activities necessitate and drive the demand for chromium picolinate. Increasing health awareness, changing consumer lifestyle, and growing lactose intolerance is projected to positively impact market growth.

The growing prevalence of diabetes further fuels the market demand as chromium picolinate helps regulate blood sugar levels and enhance the action of insulin. This can be beneficial for individuals with type 2 diabetes or those at risk of developing insulin resistance.

The growing concerns with weight management, emphasis on weight loss & and maintenance, importance of blood sugar & and pressure spike control are some of the factors that have been creating an overall enforcement in the market.

“With growing health and wellness trends and increasing aging population, growing use of dietary supplements, chromium picolinate demand is likely to increase. Growing demand from pharmaceutical industries is estimated to drive the market.” opines Nandini Roy Choudhury, Client Partner at Future Market Insights.

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Chromium is involved in various metabolic processes, including the metabolism of carbohydrates, fats, and proteins. Chromium picolinate supplements are used to support overall metabolic health and promote energy production.

The significantly growing fitness and sports nutrition industry is expected to drive the market for chromium picolinate during the forecast period. Chromium picolinate is used in various dietary supplements designed to support muscle growth and recovery. Athletes and individuals engaged in resistance training use these supplements to enhance the effects of insulin.

The growth in the nutraceutical industry, and rising consumption of dietary supplements like chromium picolinate, have been experiencing steady growth due to consumer interest in preventive healthcare and wellness.

Key Takeaways

The chromium picolinate market demand expanded at a CAGR of 7.0% from 2018 to 2022.
Based on grade, the pharmaceutical grade segment is expected to account for a CAGR of 8.5% during the forecast period.
Chromium picolinate demand in the United Kingdom is predicted to expand at a CAGR of 8.4% during the forecast period.
In the United States, the market is expected to reach US$ 9.5 billion between 2023 and 2033.s
A growth rate of 8.4 % is expected for the dietary supplement segment over the forecast period.
China is projected to expand by 8.2% between 2023 and 2033.
By 2033, the chromium picolinate market in India is anticipated to expand at a CAGR of 8.0%.

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Competitive Landscape

The global demand has increased dramatically as the chromium picolinate market has developed into a highly competitive environment. The market players are using key growth strategies including technological developments and mergers and acquisitions to increase market share.

Some of the recent developments from the market are as follows

YIHAN INDUSTRIAL Co., Limited is a large high-tech chemical enterprise that specializes in fine chemicals, pharmaceutical raw materials, and intermediates including active pharmaceutical ingredients (APIs) and intermediates.
Yihan Industrial Co., Ltd. is involved in the production or distribution of chromium picolinate and operates within the broad dietary supplement and pharmaceutical ingredient industry.
In 2022, Vestige, a manufacturer of dietary supplements in India announced the launch of a new chromium picolinate-based health supplement, Vestige Pre-Gluco Health Capsules for people prone to pre-diabetes. A slew of such new product launches is estimated to augment the growth in the South Asia market.
GNC is a well-known global retailer of dietary supplements and nutritional products. They offer their own brand of chromium picolinate supplements, among other products.

Top Key Players in the Global Market

Amsal Chem Private Limited
Merck KGaA
Mubychem Group
Celtic Chemicals Ltd.
Resonance Specialities Ltd.
Yihan Industrial Co., Ltd.
Sellwell (Group) Chemical Factory
Cambridge Commodities Limited
Chemlock Metals Corporation
Oceanic Laboratories Pvt. Ltd.
Anmol Chemicals Group
Salvi Chemical Industries Ltd.

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Segmentation Analysis of the Chromium Picolinate Market

By Grade:

Food Grade
Pharmaceutical Grade
Others
By End Use:

Food & Beverage Industry
Dietary Supplement Industry
Nutraceutical Industry
Pharmaceutical Industry
Others
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 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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Robust Growth Projected: Blackstrap Molasses Market Set to Reach US$ 23.6 Billion by 2033, Showing a 5.5% CAGR

The market for blackstrap molasses is expected to reach US$ 13,793.2 million by 2023 and reach US$ 23,607.3 Million by 2033. The market is projected to witness a growth rate of 5.5% between 2023 and 2033.

Black molasses became an important part of the market due to its natural byproducts, which allowed it to exploit this trend. This was perceived as a healthier alternative because it had a high mineral content. A black molasses is packed with minerals like iron, calcium, and potassium. Health-conscious consumers were attracted to its nutrient-dense qualities.

Sustainable and ethical sourcing has become increasingly important to the food industry. Environmental and social concerns could influence the sourcing of black molasses by companies and consumers.

Blackstrap molasses may also benefit from the trend towards artisanal foods and small-batch productions. Craft producers and specialty food companies create new and innovative products using blackstrap molasses. Due to its great nutrition, molasses has become quite popular in recent years as nutritionists and health practitioners discover its benefits.

“Blackstrap molasses is expected to gain popularity as alternative sweeteners become more popular. The demand for blackstrap molasses is expected to rise in the next few years as awareness of its health benefits expands,” says an FMI analyst.

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The use of molasses in baking, baking products, and marinades and sauces is well-known among cooks and foodies. The rise of globalization, the popularity of online shopping, and the commercialization of the Internet of things all contribute to the market’s growth. Further growth will come from the pharmaceutical and personal care industries.

Blackstrap molasses demand is expected to increase in the coming years due to consumer fitness awareness initiatives promoted by businesses, and nutritional organizations. Global blackstrap molasses market growth will be fueled by cold-pressed molasses extraction activities. The anti-inflammatory properties of these products have significantly increased the blackstrap molasses market demand.

Blackstrap molasses is another excellent brown sugar substitute. Besides being modestly glycemic, it contains micronutrients such as iron, calcium, and potassium. Iron content and anti-inflammatory properties make molasses popular in the natural health industry.

Blackstrap molasses, for example, contains high levels of antioxidants, which help reduce free radicals in the body. Many normal cellular processes are triggered by free radicals, which are naturally formed in the body. In addition to health benefits for the skin and pregnant women, the market continues to grow.

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Key Takeaways

The global market for blackstrap molasses market is projected to expand at a CAGR of 5.5% over the forecast period.
As of 2022, the blackstrap molasses market in India had a growth rate of 5.1%.
The demand for blackstrap molasses in the food and beverage processing industry is expected to increase. A 32.5% market share was achieved in 2022.
The United States market for blackstrap molasses was valued at 26.4% sales in 2022.
Blackstrap molasses saw an average growth rate of 3.3% from 2018 to 2022.

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Competitive Landscape

Globally, the blackstrap molasses market has become highly competitive. The business will be able to thrive in a highly competitive market by offering a broader and more cost-effective product line.

Market Developments Include

Crosby’s Molasses

Crosby’s Molasses is a Canadian company specializing in the production of blackstrap molasses. Their molasses are made from Canadian sugarcane and are renowned for their quality.

Golden Barrel

Golden Barrel offers products such as blackstrap molasses and other syrups. Various culinary applications can be made with this traditional-style molasses.

Segmentation Analysis of the Blackstrap Molasses Market

By Nature:

Organic
Conventional

By End Use:

Food and Beverage Processing
Bakery and Confectionery Products
Breakfast Solutions
Desserts and Puddings
Other Food and Beverge Processing
Functional Foods and Dietary Supplements
Foodservice/HoReCa (Hotels/Resturants/Cafe)
Household
Others

By Distribution Channel:

Direct Sales/B2B
Indirect Sales/B2C
Hypermarkets/Supermarkets
Convenience Stores
Mass Grocery Retailers
Specialty Stores
Online Retailing

By Region:

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

About Future Market Insights (FMI)

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

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Chocolate Couverture Market Poised to Reach 4-5% CAGR Forecasted Through 2032, Fueled by Expanding Applications in Hospitality and Food Service Industries

The Chocolate Couverture Market is witnessing significant growth as the demand for premium chocolate products continues to surge worldwide. Couverture refers to high-quality chocolate with a high cocoa butter content, making it ideal for professional chocolatiers and confectioners. The market is driven by the increasing consumer inclination towards luxury and indulgence, coupled with the rising popularity of artisanal chocolates.

The global market for chocolate couverture is estimated to be close to $7.5 billion by the end of 2022. Chocolate Couverture sales are projected to increase at a CAGR of 4% to 5% during the forecast period 2022-2032. It is estimated that the increasing use of chocolate coatings in hotels, cafes and restaurants for the production of desserts, chocolate-based beverages, ice cream and others will boost demand in the world market.

Chocolate couverture is processed from the cocoa beans which contains an exceptionally high amount of cocoa butter. The specialty of chocolate couverture is attributed to the crystallization characteristics of cocoa butter. Basically, the processing or tempering of chocolate couverture involves a careful selection of crystals of cocoa butter which are inherently in the stable form and preserving them in the chocolate.

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Purists Trend Remolding Chocolate Couverture Market

Lately, a lot of focus is being laid on the provenance of the chocolate products. Hence, chocolate couverture from single-origin such as Ghana and Côte d’Ivoire have gained traction in the chocolate couverture market. Industrial chocolate couverture manufacturers are focusing on strengthening their trade relations with major cocoa producing countries.

The demand from the foodservice sector who are increasingly featuring gourmet and pure chocolate based cuisines is also expected to drive the demand for chocolate couverture. Chocolate couverture decorations have become an essential part of the chefs’ aisle to attract consumers. Chocolate and confection manufacturers are increasingly emboldening the purity of dark chocolate as a part of their branding strategy which has led to a rise in demand for chocolate couverture as opposed to traditional chocolates.

The rise in personalized and theme-based chocolate confection has also paved a way for the growth of the chocolate couverture market. For instance, there has been an increase in demand for 3D printed chocolates which requires a very highs quality chocolate couverture. On the other hand, consumer pull towards health consciousness has caused many consumers to cut down chocolate confection products which may hinder the growth of the chocolate couverture market. This trend has also led to stagnancy in the overall chocolate market.

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Chocolate Couverture Market: Regional Analysis

Chocolate couverture manufacturers are focusing on expanding their presence in Asia, especially in regions such as ASEAN and India. Asian consumers’ growing focus on premium and high-quality chocolate coupled with their rising disposable income pave way for Asia to become the next powerhouse in the chocolate couverture market. In Eastern Europe, the chocolate couverture consumption is on the rise in regions such as Turkey and Poland. Turkish confectionery products have witnessed a significant growth in the confectionery market. Asia and Eastern Europe have also witnessed a rise in the number of artisanal chocolatiers, leading to an increase in demand for chocolate couverture.

Chocolate Couverture Market: Key Participants

Some of the market participants in the chocolate couverture market are:

Barry Calbaut AG
The Margaret River Fudge Factory
Struben Couverture Chocolate Factory
Cocoa Processing Company Limited (CPC)
Von Geusau
Chocolats Marionnettes
Fardoulis Chocolates
Max Felchlin AG
ICAM
Chocolate Trading Company Ltd

The research report presents a comprehensive assessment of the Chocolate Couverture market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

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Chocolate Couverture Market Segmentation

The chocolate couverture market is segmented into type, nature, and end use and sales channel.

On the basis of form, the chocolate couverture market is segmented into-

Buttons/discs
Slabs
Blocks

On the basis of type, the chocolate couverture market is segmented into-

Dark
Milk

On the basis of nature, the chocolate couverture market is segmented into-

Organic
Conventional

On the basis of end use, the chocolate couverture market is segmented into-

Industrial/Food and Beverage Processing
Baked Goods
Confectioneries
Chocolate Confectioneries
Sugar Confectioneries
Ice Cream and Frozen Desserts
Beverages
Bakeries and Pastry Shops
Confectionery Shops
Restaurants and Hotels
Household (Retail)

On the basis of sales channel, the chocolate couverture market is segmented into-

Direct Sales/B2B
Indirect Sales/B2C
Intermediate/Bulk Distributors
Brick & Mortar Retailers
Online Retailers

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Liquor Flavored Ice Cream Market Expected to Reach US$ 2.77 Billion by 2032, Driven by Rising Consumer Demand and Sales Surge

As customer interest rises and sales of liquor-flavored ice cream increase, the market for this product is predicted to grow at a CAGR of 7.2% over the course of the forecast period, reaching US$ 2.77 billion in 2032 from US$ 1.29 billion in 2021.

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Liquor Flavored Ice Cream Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

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Liquor Flavored Ice Cream Market: Key Participants

Some of the market participants in the liquor-flavored ice cream market are:

Haagen-Dazs Nederland N.V.
Tipsy Scoop
Mercer’s Dairy Inc.
Bailey’s
Ben & Jerry’s
Viennetta

The research report presents a comprehensive assessment of the Liquor flavored ice cream market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as form, grade, and end use.

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Liquor Flavored Ice Cream Market Segmentation

The Liquor flavored ice cream market can be segmented on the basis of form, source, end use, and distribution channel.

On the basis of flavor, the liquor flavored ice cream market can be segmented as:

Wine
Vodka
Rum
Other (Whiskey, etc.)

On the basis of product type, the liquor flavored ice cream market can be segmented as:

Dairy
Non-dairy

On the basis of distribution channel, the liquor flavored ice cream market can be segmented as:

Direct Sales Channel/ B2B
Indirect Sales Channel/B2C
Hypermarket/Supermarket
Specialty Stores
Other Retail Format

Queries Solved

What is the size of the overall Liquor Flavored Ice Cream Market in the Food and Beverage Market and its segments?
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What is the Liquor Flavored Ice Cream Market in the Food and Beverage Market size at the regional and country-level?
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What are the challenges to the Liquor Flavored Ice Cream Market in the growth of the Food and Beverage Market?
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Reasons to Buy the report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

About Future Market Insights (FMI)

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

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Cold Water Soluble Creamer Market Set to Surge at 6-7% CAGR by 2032, Fueled by Café Culture and Beverage Trends

The worldwide cold water soluble creamer market is assessed to grow at a CAGR of around 6% to 7% during the conjecture time frame 2022-2032. The flooding pattern of bistros and the rising notoriety of drinks like, for example, ice tea and cold espresso are supposed to make monstrous development possibilities for the cold water soluble creamer market.

The cold water soluble creamer is an ingredient that is specifically manufactured for use in cold beverages or water. The traditional creamers that are used as creamers do not dissolve in beverages that have a lower temperature and the oil float on the surface is visible. Thus, the manufacturers producing traditional creamers have started manufacturing this additional cold water soluble creamer as the cost of production and equipment remains the same.

The cold water soluble creamer is either made with dairy ingredients such as skimmed milk or the dairy ingredients is substituted with other protein sources. The vegetable oils are hydrogenated for the production of the cold water-soluble creamer and the type of vegetable oil differs.

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Cold Water Soluble Creamer Also Available as a Foaming Creamer

The cold water soluble creamer is manufactured as a regular creamer for its addition into a beverage or into cold sauces. But for beverages that require a foam on the top, the cold water soluble creamer has to be added along with a foaming creamer. Thus, the manufacturers innovated the cold water soluble creamer with the function of a foaming agent which has a higher demand from the foodservice operators.

Cold Water Soluble Creamer Market: Key Players

Some of the leading players in the global cold water soluble creamer market include Super Group Ltd., Shandong Tianjiao Biotech Co. Ltd., Viceroy Holland B.V., FrieslandCampina Kievit B.V., Ingredion Inc., Almer Malaysia Sdn. Bhd., Shanghai Wenhui Food Industry Co. Ltd., PT Sumber Food Ingredient Indonesia, Mokate Ingredients, Hangzhou Boduo Industrial Trade Co. Ltd., Bay Valley Foods LLC, Drytech Processes (I) Pvt. Ltd., Basix Company, Custom Food Group, Mackessen Chemicals Pte. Ltd.

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Cold Water Soluble Creamer: Key Developments

Super Group Ltd., in July 2017, transferred its non-dairy creamer production from its Singapore facility to the China Wuxi plant to increase the production capacity and to have a better connection for its distribution in the Asian region.

Cold Water Soluble Creamer Market: Geographical Analysis

The manufacturing of the cold water soluble creamers is mainly concentrated in the regions of Europe, China, and Southeast Asia. As the main use of the cold water soluble creamer is in the beverage mixes and ready-to-drink beverages, the major market for these creamers is in Asia and Europe. But in Asia, the market for non-dairy cold water soluble creamer is more than the dairy cold water soluble creamer. The demand for the non-dairy cold water soluble creamer is also in the North America region as the vegan population is increasing in this region. Whereas in the European countries the demand for the dairy cold water soluble creamer is still more.

Cold Water Soluble Creamer Market: Opportunities

The cold water soluble creamer is widely used in the food and beverage processing industry and also in the food service industry. But the presence of trans-fat is still a concern among individuals as the regulations for the presence of trans-fat in food products are very strict. Thus, the manufacturers are conducting research on the elimination of fats but keeping the quality and taste intact. This is a very good opportunity for the manufacturers producing cold water-soluble creamer. Also, the presence of trans-fat less than 2% in Europe and Asia and 0.5% in the United States can label their cold water soluble creamer as trans-fat free. The production of the cold water soluble creamers can also be carried out with the traditional creamer as there will be no additional costs.

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Cold Water Soluble Creamer Market: Segmentation

On the basis of base, the global cold water soluble creamer market is segmented as –

Dairy
Non-dairy

On the basis of function, the global cold water soluble creamer market is segmented as –

Regular
Foaming

On the basis of end use, the global cold water soluble creamer market is segmented as –

Beverage mixes
Sauces and Dressings
Ready-to-Drink Beverages
HoReCa/Foodservice

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Electric Facial Cleansing Brush Market Aims for US$ 13.38 Billion by 2032, Guided by 5.2% CAGR | FMI

The electric facial cleansing brushes are anticipated to deepen their roots at a low CAGR of 5.2%. As a consequence, the worldwide market is expected to generate US$ 8.48 billion in sales in 2022 and US$ 13.38 billion by the end of 2032.

Anything from dirt to filth can be removed from the face with an electric facial cleansing brush. Therefore, people highly desire electrical face washing brushes. There are other brushes available for different skin tones. An increasing awareness of new skincare products and growing fashion consciousness are the reasons for the significant demand for electrical face-washing brushes.

Using electric face brushes to wash away extra oil, debris, and grime from their faces is becoming more and more common among women. As e-commerce expands, there’s an increased need to look better and emphasise your qualities. The importance of skincare in heath is growing as pollution levels rise. This drives sales of electric face washing brushes.

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Electric Facial Cleansing Brush Market: Market Dynamics

The growing demand for electric facial cleansing brushes can be witnessed across the world. Increasing demand has engaged more manufacturers across the world in manufacturing electric facial cleansing brushes. Key manufacturers in the market have focused on developing regions to penetrate due to increasing brand loyalty among consumers. However, presence of unbranded products in market may hamper the growth of electric facial cleansing brush market during the forecast period.

Recent Developments

Manufacturers of electric facial cleansing brushers are continuously investing into their R&D to come up with new features or products frequently. Increasing use of the dual motion technology in electric facial cleansing brushes that make skin soft is one of the factors expected to boost the market. Competitions are intense in market as more companies are expressing interest on electric facial cleansing brush market.

Manufacturers are coming up with latest technologies for electric facial cleansing brushes. The Barriercare technology, Hydro Boost cleanser these are few of the technologies that are generally used by manufacturers for producing electric facial cleansing brushes.

In 2018, Japanese beauty brand Refa launched its new Refa Clear facial cleansing device in Singapore that is equipped with 3D Sonic Ion technology, which is said to be the first of its kind.

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Electric Facial Cleansing Brush Market: Regional Outlook

The electric facial cleansing brush market is expected to register a healthy growth across all the geographies during the forecast period. Individual’s use of electric facial cleansing brushes are higher than commercial use which is growing across the globe and likely to drive the sales of electric facial cleansing brush in the market. Emerging countries, such as China, India, and Brazil are the key markets with immense opportunity for electric facial cleansing brush market.

Electric Facial Cleansing Brush Market: Key Players

Some of the key players operating in the global electric facial cleansing brush Market are Clinique, Panasonic, Clarisonic Mia, Foreo, Proactiv, Olay, Pixnor, Neutrogena, Michael Todd, Phillips, Lavo Skin, Conair and Others.

The research report presents a comprehensive assessment of the Electric facial cleansing brush market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for Electric facial cleansing brush market. The research report of Electric facial cleansing brushes provides analysis and information according to market segments such as geographies, product type, price, and application

The Electric facial cleansing brush market report covers an exhaustive analysis on:

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

The Electric facial cleansing brush regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
East Asia (China, Japan, South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

Key Segments Profiled in the Electric Face Cleansers Industry Survey

Sales Channel:

Hypermarkets/Supermarkets
Multi-brand Stores
Specialty Beauty Stores
Online Stores
Independent Small Stores
Others

Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa

Authored by:

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

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

Contact Us:

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