Global Food Dehydrators Market Dries Up Competition, Aiming for US$ 3761 Million by 2031

Food Dehydrators Market

The global food dehydrators market size is predicted to reach US$ 3761 Mn by the end of 2031. As per the study by Future Market Insights (FMI), the market will show a steady rise at 6.4% CAGR between 2021 and 2031.

Europe is likely to dominate the industry on a regional level. Apart from Europe, Asia Pacific food dehydrator market and North America food dehydrator market are likely to be lucrative markets for food dehydrators. The market can be divided into four categories based on end use: industrial food dehydrator, commercial food dehydrator, residential food dehydrator and others.

Food dehydrator sales will account for 7.2% of the overall demand in the global food processing equipment market. Commercial food dehydrators success is dependent on innovation and steady production of high-quality food dehydrators. One of the main drivers of food dehydrator manufacturing and sales is the growing popularity of dehydrated fruits.

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Key Takeaways from the Food Dehydrators Market Study:

  • The U.S. is projected to account for more than 91.2% of the North American market in 2021, supported by enhanced need of longer shelf life products.
  • According to FMI analysis, Australia will acquire total share of 83.4% of the Oceania region in 2021, on the back of government and organisations focus on increasing the exports of agricultural products.
  • China is dominating the East Asia market owing to the change of ideology from “eating full” to “eating well” which entails to increasing the production of products for increasing the export index. China holds a prominent position in the East Asia market with expected market share to reach 49.9% in 2021.
  • Food Dehydrators industrial application to anticipated to hold 40.5% of market share in end-use segment in 2021.
  • Solar powered food dehydrators market is estimated to grow at a lucrative CAGR of around 7.7% over the forecasted period on the back of abundance availability in most of the regions and cost effective.

“As sustainability has become prominent in global market people now are not only focused on satisfying their own basic needs like food, but also inclined towards attending to others people’s requirements. To tackle the global food shortage problem food dehydrators play important role by reducing the food wastage.” said by lead analyst FMI

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Dehydrated Fruits playing vital role in Fostering growth of the Food Dehydrator Market

As due to the covid-19 induced pandemic, over all global population is focusing on boosting the immunity by including natural products like nutritional fruits (Apple, Bananas, Kiwi, etc) into their daily diet plan, still due to short lifespan of  the natural products like fruits and vegetable it becomes complex for the manufacturers to address the demands of consumers. In the wake of this scenario of increasing the shelf life of products without adding any artificial preservatives manufacturers are shifting towards food dehydrators which help to maintain the nutritional balance of the natural products and increasing shelf life of the products. This trend is expected to surge growth of the food dehydrator market over the forecasted period.

Who is winning?

Key players working in the global food dehydrators market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, research and development focusing on harnessing power of natural resources and strengthening the sales channels.

Some of the major companies offering food dehydrator are Hamilton Beach Brands, Excalibur Dehydrator, Lem Products Holding LLC, Koolatron Corporation, NESCO, Tribest Corporation, National Presto Industries, Inc., The Sausage Maker, Inc., NutriChef Kitchen, LLC, and Buffalo Appliances.

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Market Segments Covered In Food Dehydrators Industry Analysis

By Technology :

  • Vertical Flow
  • Horizontal Flow

By End-Use :

  • Industrial
  • Commercial
  • Residential
  • Others

By Energy Source :

  • Electricity
  • Biofuel
  • Solar
  • Others

Region :

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

Summary:

Food dehydrators are used to lower the water content from vegetables and fruits to increase their shelf life. Based on energy source food dehydrators are segmented into electricity, solar energy, biofuel amongst these solar energy is expected to gain more traction based on the factors like environment friendly, abundant availability and global reach.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Multi-Parameter Patient Monitoring Market Primed for Growth, Eyeing a Valuation of US$ 7.2 Billion by 2033

Multi-Parameter Patient Monitoring Market
Multi-Parameter Patient Monitoring Market

It is anticipated that the multi-parameter patient monitoring market sale would grow to a value of US$ 4.8 billion in 2023 and US$ 7.2 billion in 2033. Early detection and treatment of chronic diseases are becoming increasingly important on a global scale. Furthermore, real-time patient monitors are in high demand in critical care units because they enable physicians to record changes in a patient’s health at every stage and make better judgements more quickly. It is anticipated that these elements will fuel market growth.

Multi-parameter patient monitors are commonly used in in-patient wards and intensive care units (ICU) to improve patient health. Because the functional response to critical illness is directly related to the outcome, monitoring is a critical component of critically ill patients, particularly in emergency rooms.

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Wearable gadgets and wireless communication technology advancements for medical telemetry have expanded the scope of monitoring solutions for patients both within and outside of hospital facilities. Such technical improvements allow for the rapid recording and transmission of data from a patient’s gadget to a healthcare practitioner, reducing the duration of evaluation and treatment.

The emergence of wireless networks in the healthcare sector, such as Radio Frequency Identification (RFID) and Medical Body Area Networks (MBAN), has changed patient health diagnostic processes while generating no discomfort due to their wireless architecture. This helps to monitor heart rate, blood pressure, body temperature, and oxygen levels in the body.

The introduction of single-use portable gadgets has expanded patient flexibility while also lowering the cost of frequent hospital visits. Moreover, the growing demand for home-based medical treatments for the elderly population is driving the demand for these portable patient monitoring devices that are simple to use.

Key Takeaways:

  • The multi-parameter patient monitoring market is estimated to register a CAGR of 4.0% from 2023 to 2033.
  • The multi-parameter patient monitoring market is dominated by North America in 2023.
  • China is the leading revenue contributor in the multi-parameter patient monitoring market in the Asia Pacific region.
  • Portable multi-parameter monitor is likely to thrive in the modality category due to its increasing popularity among geriatric population.

Significant Market Players Include:

  • Koninklijke Philips N.V.
  • GE Healthcare
  • Drägerwerk AG & Co. KGaA
  • Medtronic plc
  • OSI Systems Inc.
  • Nihon Kohden Corporation
  • MASIMO
  • Contec Medical Systems Co. Ltd.
  • General Meditech Inc.
  • Mindray Medical International Limited
  • Schiller AG

Key Developments

  • In December 2019, Nihon Kohden Corporation introduced its Life Scope SVM-7200 series vital sign monitors for outpatient facilities in the United States.
  • Schiller AG and VISUS, a prominent provider of image management systems, formed technical cooperation in January 2015. This collaboration improved the integration and presentation of E.C.G. data in the image data management system (JiveX Medical Archive).
  • Nihon Kohden Corporation announced the formation of a sales subsidiary, Nihon Kohden Latin America S.A.S., in March 2014 in order to grow sales in Mexico, Central America, South America, and the Caribbean. The new sales subsidiary complements and improves the sales network throughout Central and South America.

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Key Segments:

By Acuity Level:

  • High Acuity Level
  • Mid Acuity Level
  • Low Acuity Level

By Modality:

  • Handheld/Portable Multi-parameter Monitors
  • Tabletop Multi-parameter Monitors

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Home Care Settings

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East & Africa (MEA)

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Barrier Coated Paper in Korea: Expected Growth at 5.3% CAGR by 2033 – Insights, Trends, and Future Prospects

Barrier Coated Paper in Korea
Barrier Coated Paper in Korea

According to our research, the market value of barrier coated paper in Korea is forecasted to reach US$ 77.8 million in 2023. Sales of barrier coated paper in the country are projected to grow at a Compound Annual Growth Rate (CAGR) of 5.3% throughout the forecast period. With these estimations, the regional barrier coated paper industry is poised to reach approximately US$ 130.7 million by the conclusion of 2033. These findings highlight the steady expansion of the barrier coated paper market in Korea, driven by factors such as increasing demand for sustainable packaging solutions and technological advancements.

Barrier Coated Paper in Korea- Boosting Factors Industry

  • Increasing demand for sustainable packaging solutions drives adoption of barrier coated paper.
  • Rising awareness about environmental concerns among consumers and regulatory bodies.
  • Growing need for barrier properties to protect products from moisture, grease, and other external factors.
  • Expansion of the food and beverage industry necessitates high-quality packaging materials.
  • Technological advancements in barrier coating processes enhance performance and versatility of barrier coated paper.
  • Increased emphasis on recyclability and biodegradability supports the use of barrier coated paper.
  • Collaboration between manufacturers and research institutions drives innovation in barrier coating technologies.
  • Surging e-commerce sector fuels demand for robust packaging materials, including barrier coated paper.
  • Consumer preference for convenient and durable packaging solutions boosts adoption of barrier coated paper.
  • Government initiatives promoting eco-friendly packaging solutions contribute to market growth.

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Business Growth Drivers:

  1. Increased Demand for Sustainable Packaging: With growing environmental concerns, there’s a heightened demand for sustainable packaging solutions. Barrier coated paper offers a viable alternative to traditional plastic packaging by providing barrier properties against moisture, grease, and gases while being biodegradable and recyclable.
  2. Government Regulations and Initiatives: Government regulations promoting eco-friendly packaging materials and discouraging single-use plastics have driven the demand for barrier coated paper. In South Korea, initiatives aimed at reducing plastic waste and promoting recyclability have provided impetus to the barrier coated paper industry.
  3. Consumer Awareness and Preferences: Consumers are becoming more conscious of the environmental impact of their purchases. They prefer products packaged in materials that are eco-friendly and easily recyclable. This shift in consumer preferences has led to increased adoption of barrier coated paper by industries such as food and beverage, cosmetics, and pharmaceuticals.
  4. Technological Advancements: Continuous innovation in coating technologies has enhanced the performance of barrier coated paper, making it more suitable for a wide range of applications. Improved barrier properties, printability, and compatibility with various printing and converting processes have contributed to the growth of the industry.
  5. Market Expansion: Growing export opportunities and the expansion of markets beyond traditional applications have contributed to the growth of the barrier coated paper industry in Korea. As businesses seek to tap into international markets with sustainable packaging solutions, the demand for barrier coated paper is expected to rise further.

Industry Restraints:

  1. Cost Constraints: Barrier coated paper can be more expensive compared to traditional packaging materials such as plastic. This cost differential can pose a challenge for businesses, especially small and medium-sized enterprises, limiting their adoption of barrier coated paper.
  2. Technical Limitations: While barrier coated paper offers effective protection against moisture, grease, and gases, it may not be suitable for all applications. Certain products or packaging requirements may necessitate specialized barrier properties that barrier coated paper cannot adequately provide, limiting its applicability in some cases.
  3. Infrastructure Challenges: The widespread adoption of barrier coated paper requires supportive infrastructure for collection, sorting, and recycling. Inadequate recycling infrastructure and limited consumer awareness about proper disposal and recycling processes can hinder the recyclability of barrier coated paper, posing a challenge to its sustainable credentials.
  4. Competitive Pressure: The barrier coated paper industry faces competition from alternative packaging materials such as bioplastics, compostable materials, and other sustainable packaging solutions. Businesses may opt for these alternatives based on factors such as cost, performance, or market trends, posing a competitive threat to barrier coated paper.
  5. Regulatory Compliance: While government regulations promoting sustainable packaging can drive demand for barrier coated paper, stringent regulatory requirements or changes in regulations can also pose challenges for industry players. Compliance with evolving regulatory standards may require investments in research and development or changes to manufacturing processes, impacting the cost and competitiveness of barrier coated paper products.

Key Players for Barrier Coated Paper in Korea

  • KRPA PAPER Company (Seoul)
  • Transparent Paper LTD (Cheongju)
  • Toppan Printing (Korea) Co., Ltd. (Seoul)
  • Nippon Paper (Korea) Co., Ltd. (Seoul)
  • Sappi Korea Co., Ltd. (Seoul)
  • Mondi Korea Co., Ltd. (Seoul)
  • UPM Raflatac Korea Co., Ltd. (Seoul)
  • Mitsubishi Hitec Paper Korea Co., Ltd. (Seoul)
  • International Paper Korea Co., Ltd. (Seoul)
  • Nine Dragons Paper Korea Co., Ltd. (Seoul)
  • Huhtamaki Korea Co., Ltd. (Seoul)

Recent Developments in Barrier Coated Paper in Korea

  • In May 2020, Hankuk Paper Company, based in South Korea, introduced a unique barrier coated paper product. The company claims that this product line does not require plastic or Polyethylene (PE) coating like traditional barrier coated paper. It is also made from recycled paper materials, emphasizing a step toward eco-friendly solutions for the packaging industry.

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Key Segments

By Coating Type:

  • Water-based Coating
  • Solvent-based Coating
  • Wax Coating
  • Extrusion Coating

By Material Type:

  • Paper Coating
  • Plastic Coating
    • Polyethylene (PE)
    • Polypropylene (PP)
    • Polyvinylidene dichloride (PVDC)
    • Polyethylene Terephthalate (PET)
  • Bio-based Plastic Coating
    • Polysaccharides
    • Polylactic Acid (PLA)
    • Polyhydroxyalkanoates (PHA)
      • Ethylene Vinyl Alcohol (EVOH)
      • Polyamide (PA)
  • Wax Coating
  • Other Coating Materials

By Thickness (ISO 534):

  • Less than 50 µm
  • 51 µm to 75 µm
  • 75 µm to 100 µm

By Packaging Application:

  • Cups & Lids
  • Trays
  • Laminates
  • Boxes & Cartons
  • Pouches & Sachets
  • Labels
  • Blisters & Clamshells
  • Wraps
  • Tapes
  • Others

By End-user Verticals:

  • Food Packaging
    • Bakery
    • Confectionery
    • Snacks
    • Dairy
    • Spices & Condiments
    • Sauces
  • Beverages Packaging
  • Cosmetic & Personal Care Packaging
  • Pharmaceuticals Packaging
  • Building & Construction Packaging
  • Electrical & Electronics Packaging
  • Tobacco Packaging
  • Packaging of Other Consumer Goods (Agriculture, Automotive, Home Care, etc.)

By Key Provinces:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Protein Pinnacle: Potato Protein Market Sets the Stage for a US$ 300 million Triumph by 2033

Potato Protein Market

The global potato protein market is predicted to register a CAGR of 7.6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 144 million in 2023 to US$ 300 million by 2033 end.

The surging demand for clean label products as a result of increasing concerns around the robust climate change is propelling the demand for vegetable-based proteins. Due to this, the incorporation of potato protein into several vegetarian products is rising. Moreover, the expanding vegan population, particularly in countries like Canada and the United Kingdom, among others, is fueling the demand for food products consisting of plant-based protein. This new trend is projected to witness overwhelming response due to the rising demand for potato protein in the thriving vegan industry.

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The market is projected to augment owing to the initiation of several research activities. These activities are aimed at promoting the operational efficiency and cost-effectiveness of the potato protein extraction process. The potential utilization of potato protein to safeguard against cancerous cells is predicted to enhance the demand for potato protein. The deployment of novel technologies to curtail potato waste while producing potato protein is anticipated to provide impetus to the market over the upcoming years.

Key Takeaways from the Potato Protein Market:             

  • The United States is estimated to dominate the potato protein market over the forecast period. By 2033, the market is projected to attain US$ 106.3 million. The growth rate assumed by the United States market is likely to record 7.4% CAGR.
  • China is expected to hold a significant position in Asia Pacific potato protein market. The regional market is estimated to attain US$ 21.5 million by 2033, registering a CAGR of 7% from 2023 to 2033.
  • Japan, another key market in the region, is assessed to reach market valuation of US$ 17.6 million by 2033. The Japan potato protein industry is projected to expand at a CAGR of 6.1% over the forecast period.

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News Featuring Market Developments by Key Players of Potato Protein Solutions:

  • In April 2022, Branston Ltd. unveiled that it is partnering with Root Extracts to create a potato protein product to be used in vegan and vegetarian foods. The development of the product is likely to take place in Branston’s extraction unit in Lincolnshire, which was under construction at the time of announcement.
  • In February 2022, KMC declared that they have created a texturized potato protein to be utilized as an ingredient in meat alternatives. According to the company, the product is a first of its kind across the globe. The product is also a part of innovation program, which was initiated with the aim to create plant-based ingredient alternatives. The company is planning to manufacture the product on a large scale, with production run for the capacity of 300 tons for the year 2022.
  • In April 2021, Branston Ltd. began the construction of new potato protein extraction plant at Branston’s site in Lincolnshire, the United Kingdom. The complete set up of the new plant is projected to amount US$ 7.94 million. The facility would help convert low-quality potatoes into clean-label functional protein and develop starch-based products. For this set up, the company has partnered with B-Hive Innovations, which has developed the process.

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Market Segments Covered in Potato Protein Market Analysis

By Product Type:

  • 10-40% Protein
  • 40-50% Protein
  • 60-65% Protein
  • 70-80% Protein

By Nature:

  • Organic
  • Conventional

By Form:

  • Isolates
  • Concentrate
  • Textured Protein
  • Hydrolyzed Protein

By End-use Application:

  • Bakery & Confectionery
    • Breads
    • Cookies & Crackers
    • Pastries
    • Other Bakery & Confectionery
  • Protein and Nutritional Bars
  • Breakfast Cereals
  • Functional Beverages
  • Dairy Alternatives
  • Dietary Supplements
  • Sports Nutrition
  • Infant Nutrition
  • Meat Additives

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific excluding Japan
  • Japan
  • Oceania
  • The Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 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
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Unveiling Trends: Anticipated Growth with a 4% CAGR in Women’s Intimate Care Products Market by 2033 | FMI

Women's Intimate Care Products Market
Women’s Intimate Care Products Market

The market for women’s intimate care products is projected to be worth US$ 28.88 billion in 2023 and US$ 43 billion by 2033. Over the course of the projection period, the adoption of women’s intimate care products is anticipated to grow at a CAGR of 4%.

A notable trend is the surge in demand for eco-friendly and sustainable products. As environmental awareness grows, consumers are seeking intimate care solutions that minimize their ecological footprint. Manufacturers are responding with biodegradable materials, reusable products, and packaging innovations to cater to this eco-conscious audience.

A significant trend is the rise of personalized intimate care offerings. Women are increasingly looking for tailored solutions that address their specific needs and preferences. This trend has paved the way for custom-fit menstrual cups, pH-balanced washes, and targeted solutions for postpartum and menopausal care. The digital revolution has also left its mark on the industry. Smartphone apps, wearables, and connected devices are providing valuable insights into women’s intimate health, allowing for data-driven decision-making and personalized recommendations. This integration of technology enhances the overall user experience and promotes better self-care practices.

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Inclusivity and diversity are gaining prominence. Brands are becoming more inclusive in their marketing, representation, and product offerings, acknowledging the diverse needs and experiences of women across various cultural backgrounds and body types. The industry is witnessing a growing emphasis on natural and organic ingredients. Women are opting for products free from harmful chemicals, parabens, and synthetic fragrances, favoring naturally derived formulations that are gentle and safe for intimate use.

Key Takeaways from the Market

  • As per FMI, the United States Leads North America’s growth at 3.9% CAGR in the forecast period.
  • Sales of women’s intimate care products are expected to surge at 3.7% CAGR across India in 2022.
  • Germany is expected to surge at a CAGR 3.5% in the next ten years.
  • As per Future Market Insights, women with children segment is expected to dominate the user with a market share of 4.1% by 2033.
  • As per FMI, the depilatories segment is poised to expand at over 4.3% CAGR from 2023 to 2033.

“The women’s intimate care products market shows a distinctive and thriving industry with significant growth possibilities, influenced by increasing consumer consciousness and a preference for sustainable and customized solutions”, remarks an analyst at FMI.

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How Key Players are Revolutionizing the Women’s Intimate Care Products Market?

In the ever-evolving landscape of women’s intimate care products, key players are spearheading a revolution that transcends traditional norms. Through innovative technologies, extensive research, and a deep understanding of women’s needs, these market leaders are reshaping the industry.

Introducing sustainable materials, personalized solutions, and sophisticated designs, they empower women to take charge of their intimate wellness like never before. From menstrual cups to pelvic health devices, this transformation is not only about products but also about fostering awareness and destigmatizing intimate health discussions. With a customer-centric approach, these trailblazers are setting new standards, paving the way for a more confident, comfortable, and empowered future for women worldwide.

Product Portfolio

  • Redcliffe Hygiene offers a diverse product portfolio, including personal hygiene products like hand sanitizers and surface disinfectants. Their solutions prioritize safety and cleanliness, catering to the evolving needs of consumers.
  • IN presents a product portfolio dedicated to women’s health and hygiene, featuring menstrual cups, intimate care products, and more. Their innovative offerings empower women and prioritize their well-being.
  • Joylux offers a product portfolio centered on intimate wellness, featuring innovative devices for pelvic health and rejuvenation. Their cutting-edge solutions redefine self-care and provide lasting comfort.

More Insights Available

Future Market Insights offers an unbiased analysis of the women’s intimate care products market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the women’s intimate care products market, the report is segmented on the basis of product (intimate washes, liners, oils, masks, moisturizers & creams, hair removal, gels, foams, exfoliants, mousses, mists, sprays, e-products and others), age group (12-19 years, 20-25 years, 26-40 years, 41-50 years and 51 and above), user (women with children and women without children), and sales channel (online sales and offline sales), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East & Africa).

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Market Segmentation

By Product:

  • Intimate Washes
  • Liners
  • Oils
  • Masks
  • Moisturizers & Creams
  • Hair Removal
    • Razors
    • Wax
    • Depilatories
    • Wipes
  • Gels
  • Foams
  • Exfoliants
  • Mousses
  • Mists
  • Sprays
  • E-products
  • Others

By Age Group:

  • 12-19 Years
  • 20-25 Years
  • 26-40 Years
  • 41-50 Years
  • 51 and Above

By User:

  • Women with Children
  • Women without Children

By Sales Channel:

  • Online Sales
  • Offline Sales
    • Hypermarkets/Supermarkets
    • Drug Stores/ Pharmacies
    • Beauty Salons
    • Others (Departmental Stores & Specialty Stores)

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 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 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Citrus Pectin Market Gears Up for US$ 191,678.9 million by 2033

Citrus Pectin Market

The citrus pectin market size was projected to be worth US$ 116,900.0 million in 2022. By the end of 2023, the market is likely to reach a valuation of US$ 122,277.4 million. The global market for citrus pectin is likely to garner a 4.8% CAGR and reach a market worth US$ 191,678.9 million by 2033.

Pectin is mostly used in sweets such as jellies, jams, and marmalade. Industry players have developed pectin that is suitable for a variety of purposes as technology has evolved. As an example, GENU Pectin by CP Kelco is gaining prominence in the personal care and cosmetics industries as an organic skin feel stabilizer, assist, and pH-balancing component.

Key Market Trends and Highlights

  • Growing demand for clean-label ingredients: The demand for citrus pectin for various food and beverage applications is increasing as citrus fruits are a natural and clean-label component.
  • Expanding plant-based and vegan trends: Citrus pectin is recognized for its ability to add texture to plant-based replacements for things like dairy-free sweets, yogurt, and meat.
  • Rising demand for functional foods: Manufacturers are looking at prospects for developing functional food items that uses citrus pectin’s advantages for good health. It is a natural source of dietary fiber and contributes in digestive wellness.

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Key Takeaways from the Market Study

  • Historically, the citrus pectin market increased at a CAGR of 4% from 2018 to 2022.
  • The United States is expected to take over 23.7% of the citrus pectin market in 2023.
  • China is expected to control 12.1% of the global citrus pectin market by 2023.
  • By 2023, Japan’s citrus pectin market will account for 4.5% of the worldwide market.
  • The citrus pectin market in France is expected to grow by 5.3% by 2023.
  • The citrus pectin market in the United Kingdom is predicted to grow to 5.8% by 2023.
  • High-methoxyl pectin accounts for more than half of the worldwide citrus pectin market.
  • The grapefruit category is expected to grow at an 8.4% CAGR during the next ten years to come.

“The market will see growth during the projected period owing to the rising consumer preferences towards clean-label, plant-based, organic and vegan food products,” remarks an FMI analyst.

Competitive Landscape

Prominent players in the citrus pectin market are:

  • Fiber Star
  • Cargill, Inc.
  • DuPont
  • Ceamsa
  • Naturex, SA
  • CP Kelco
  • Yantai Andre Pactin Co. Ltd.
  • Herbstreith & Fox KG Pektin-Fabriken
  • Herbafood Ingredients GmbH
  • Silvateam S.pa.
  • Florida Food Products, Inc.
  • Lucid Colloids Ltd.

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Product Portfolio

  • Under the GENU® brand, CP Kelco sells a number of pectin products, particularly citrus pectin. These pectins are found in a variety of food and beverage applications, such as dairy products, fruit spreads, and bread goods.
  • CitriTex® citrus pectin products from Cargill are developed for gelling as well as thickening uses in the food and beverage industries. It is well-known for its gelling qualities and is utilized in jellies, jams, and fruit preparations.
  • Citrus pectin products from DuPont’s GRINDSTED® pectin line are appropriate for a variety of culinary applications. These pectins are used to gel and stabilize goods like fruit spreads, dairy treats, and confectionery products.

Segmentation Analysis of the Citrus Pectin Market

By Product Type:

  • High Methoxyl Pectin
  • Low Methoxyl Pectin

By Source:

  • Oranges
  • Tangerines/Mandarins
  • Grapefruit
  • Lemon and Lime

By Application:

  • Jams & Jellies
  • Beverages
  • Bakery Fillings & Toppings
  • Dairy Products & Frozen Desserts
  • Confectionery
  • Meat & Poultry
  • Dietary Supplements
  • Functional Food
  • Pharmaceutical
  • Personal Care & Cosmetics
  • Others

By Region:

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

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Loop-mediated Isothermal Amplification (LAMP) Market on a Steady Path with 3.4% CAGR Expected from 2022 to 2028

Loop-mediated Isothermal Amplification (LAMP) Market
Loop-mediated Isothermal Amplification (LAMP) Market

From 2022 to 2028, the loop-mediated isothermal amplification market sale is anticipated to grow at a moderate 3.4% yearly rate, with a projected value of US$120.4 million. The market for loop-mediated isothermal amplification is projected to be valued approximately US$ 98.6 million. The more expensive PCR DNA amplification method does not need the several thermo-cycling steps, while loop-mediated isothermal amplification lowers test costs while increasing assay efficiency and quality. The need for loop-mediated isothermal amplification (LAMP) will rise as a result.

Loop-mediated isothermal amplification is a nucleic acid-based point-of-care diagnostic platform that requires fingerpick volumes of cell lysis, nucleic acid extraction, and purification reagents prior to amplification. Loop-mediated isothermal amplification is accepted as a reliable and robust isothermal amplification technique used for the detection of pathogens in patient samples. With advancements and improvements made to the amplification technology, loop-mediated isothermal amplification is gaining traction as an alternative to the traditional PCR method in the global market. Moreover, swift diagnosis of chronic diseases is also surging the demand for loop-mediated isothermal amplification techniques.

With rising number of research publications using loop-mediated isothermal amplification, application of the same in various fields has also increased. Significant improvements in Amplicon detection also contributes to the market growth. Real-time monitoring of loop-mediated isothermal amplification Amplicon now utilizes optical, electrical, electrochemical, and pH-sensing mechanisms. With these advancements in amplification technology, loop-mediated isothermal amplification market has been witnessing constant growth.

“Growing application of loop-mediated isothermal amplification in multiple fields like food and beverage, bio-medicine, environmental science, and others will stimulate the global sales of loop-mediated isothermal amplification for the forecast period,” says an FMI analyst.

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Key Takeaways:

  • Rapid diagnosis of chronic diseases and improvements in Amplicon detection is expected to drive the market.
  • Demand of loop-mediated isothermal amplification in China to witness a surge over the forecast period.
  • The U.S. loop-mediated isothermal amplification market will experience significant growth propelled by adoption of microfluidic technology.
  • By product, kits and reagents segment to account for 83.2% of market share during 2022.
  • Based on technology, microfluidic segment will be popular for the forecast period.
  •  Lack of versatility and absence of an internal PCR inhibition control limits market growth.

Competitive Landscape 

Jena Bioscience GmbH, HiberGene Diagnostics, Meridian Bioscience, Inc., Mast Group Ltd., Excellgen, Inc., Merck KGaA, QIAGEN N.V, NIPPON GENE CO., LTD, New England Biolabs, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, and others are some of the major players in the loop-mediated isothermal amplification market that are profiled in the full version of the report.

Major organizations in the market are employing various tactics to expand their product portfolio as well as to increase their regional dominance. These businesses are focused on using aggressive pricing strategies to gain a competitive advantage in the market. Some global market players are investing in research and development agreements to increase product development, adopting distribution & licensing agreements with regional players, and establishment of network of distribution and marketing agreements to ensure availability of products to different end-users globally.

Key Segments:

Loop-mediated Isothermal Amplification Market by Product:

  • Instruments
  • Incubation Systems
  • Turbidimeters
  • Agarose Gel Electrophoresis
  • Fluorescence Measuring Systems
  • Kits & Reagents
  • DNA Polymerase
  • Primer Mix
  • DNA Polymerase & Primer Mix
  • Dyes
  • Other Reagents

Loop-mediated Isothermal Amplification Market by Technology:

  • Microfluidic Technology
  • Advanced Infrared Optical Technology
  • Modern Microsystem Technology

Loop-mediated Isothermal Amplification Market by Application:

  • Diagnostic Purposes
  • Research Purposes

Loop-mediated Isothermal Amplification Market by End User:

  • Hospital Laboratories
  • Research and Academic Institutes
  • Diagnostic Centers

Loop-mediated Isothermal Amplification Market by Region:

  • North America Loop-mediated Isothermal Amplification Market
  • Latin America Loop-mediated Isothermal Amplification Market
  • Europe Loop-mediated Isothermal Amplification Market
  • East Asia Loop-mediated Isothermal Amplification Market
  • South Asia & Pacific Loop-mediated Isothermal Amplification Market
  • Middle East & Africa (MEA) Loop-mediated Isothermal Amplification Market

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Regional Analysis

According to the latest FMI reports, North America and the U.S. loop-mediated isothermal amplification market will witness significant growth in the market for the assessment period. Investments in the healthcare sector, constantly improving healthcare infrastructure as well as rising healthcare expenditure coupled with technological advancements in LAMP instruments are expected to fuel the market growth in North America.

Moreover, high incidences of chronic diseases along with the presence of key players in the U.S. also contribute to the market growth in this region. The growing awareness of chronic diseases, high prevalence of malaria and other pandemic diseases drives the demand for prompt diagnosis in the country. Added to this, the rising adoption of microfluidic technology over conventional techniques are driving the market expansion in the U.S

The LAMP market in China is expected to record impressive development during the forecast period, owing to the strong demand for cost-effective diagnostics, a less rigid regulatory environment, and the presence of a massive population base. Additionally, increasing government initiatives for research purposes and the development of LAMP techniques are propelling the market growth in China.

Category Analysis

According to the latest report by FMI, based on product, kits & reagents are predicted to account for 83.2% share of the loop-mediated isothermal amplification market in 2022. Owing to the overall use of loop-mediated isothermal amplification in testing, loop-mediated isothermal amplification-based kits and reagents have witnessed a rapid growth in popularity in recent years.
Several loop-mediated isothermal amplification-based kits & reagents have been developed over the years for simultaneous detection of pathogens in biological samples and food products.
Moreover, market players are collaborating to improve the sale of DNA polymerase and other loop-mediated isothermal amplification-based kits & reagents in all regions with the expectation of gaining maximum revenue share in the market. All these factors promote the growth of this particular loop-mediated isothermal amplification market segment.

Based on technology, microfluidic technology segment has gained traction over the years. The technology has been used to diagnose a variety of diseases, including malaria and tuberculosis. Advance fluidic components such as reaction chambers, micro-valves, micro-pumps, and micro-dispensers can be integrated with Lab-on-chip-based loop-mediated isothermal amplification assays to provide both micros as well as Nano droplet-size samples for multiplexing and high-throughput analysis. These properties along with others drive market growth of this segment.

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Barrier Coated Paper in Japan: Projected Growth at 3.3% CAGR Through 2033 – Exploring Market Trends and Industry Dynamics

 

Barrier Coated Paper in Japan
Barrier Coated Paper in Japan

Barrier coated paper adoption in Japan is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 3.3% until 2033. The steady rise in demand is anticipated to elevate the market valuation of barrier coated paper in Japan, exceeding US$ 195.5 million in 2023. By 2033, sales projections indicate a substantial increase, with the market expected to reach a value of US$ 269.4 million. These trends underscore the growing recognition and utilization of barrier coated paper in Japan, driven by factors such as increasing environmental awareness and the need for sustainable packaging solutions.

Barrier Coated Paper in Japan- Boosting Factors Industry

  • Increasing environmental awareness drives demand for sustainable packaging solutions.
  • Rising need for barrier properties to protect products from moisture, grease, and other external factors.
  • Growth in food and beverage industry necessitates high-quality packaging materials.
  • Technological advancements in barrier coating processes enhance performance and versatility.
  • Regulatory requirements for eco-friendly packaging solutions contribute to market growth.
  • Expanding e-commerce sector increases demand for robust packaging materials.
  • Consumer preference for convenient and durable packaging fuels adoption of barrier coated paper.
  • Collaborations between manufacturers and research institutions drive innovation in barrier coating technologies.
  • Growing emphasis on recyclability and biodegradability promotes the use of barrier coated paper.
  • Shift towards eco-friendly alternatives amid environmental concerns propels market expansion.

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Business Growth Drivers:

  1. Environmental Concerns: With increasing awareness about sustainability, there’s a growing demand for eco-friendly packaging materials. Barrier coated paper, being biodegradable and recyclable, is favored over traditional plastic packaging.
  2. Government Regulations: Japan has stringent regulations regarding packaging materials, especially concerning food safety and environmental impact. Barrier coated paper meets these regulatory standards, which drives its adoption.
  3. Consumer Preferences: Consumers are increasingly opting for packaging materials that are not only safe but also convenient and aesthetically pleasing. Barrier coated paper offers versatile printing options and can be customized to meet various branding requirements, thus appealing to consumers.
  4. Innovation and Technology: Continuous innovation in coating technologies has improved the barrier properties of coated paper, making it suitable for a wider range of applications, including food packaging. Advanced coating techniques have enhanced moisture resistance, grease resistance, and barrier against gases like oxygen and carbon dioxide.
  5. Market Expansion: The expanding e-commerce sector in Japan has led to increased demand for packaging materials. Barrier coated paper, with its versatility and suitability for online retail packaging, has witnessed growth in this segment.
  6. Partnerships and Collaborations: Collaboration between paper manufacturers, coating companies, and end-users has facilitated the development of specialized barrier coated paper products tailored to specific market needs.

Industry Restraints:

  1. Cost: Barrier coated paper can be more expensive than traditional packaging materials like plastic or uncoated paper. This cost factor can hinder its widespread adoption, especially for price-sensitive markets or products with thin profit margins.
  2. Technical Challenges: Despite advancements in coating technologies, achieving optimal barrier properties while maintaining cost-effectiveness remains a challenge. Technical issues such as uniform coating, adhesion, and barrier consistency need to be addressed to meet market demands.
  3. Competition: Barrier coated paper faces competition from alternative packaging materials such as aluminum foil, metallized films, and bioplastics. These materials may offer superior barrier properties or cost advantages in certain applications, posing a challenge to the market share of barrier coated paper.
  4. Supply Chain Disruptions: Disruptions in the supply chain, whether due to natural disasters, pandemics, or geopolitical factors, can impact the availability of raw materials and affect production schedules, leading to uncertainty in the market.
  5. Consumer Education: Despite the advantages of barrier coated paper, consumer awareness about its benefits compared to traditional packaging materials may still be limited. Educating consumers about the environmental and functional advantages of barrier coated paper could help drive its adoption further.

Some of the Key Players in Barrier Coated Paper in Japan

  • Nippon Paper Industries Co., Ltd.
  • Oji Holdings Corporation
  • Mitsubishi Paper Mills Limited
  • Hokuetsu Corporation
  • Hokuetsu Kishu Paper Co., Ltd.
  • Daio Paper Corporation
  • Chuetsu Pulp & Paper Co., Ltd.
  • Mitsubishi HiTec Paper Bielefeld GmbH
  • Norske Skog ASA
  • UPM-Kymmene Corporation

Recent Developments in Barrier Coated Paper in Japan

  • Mitsubishi Chemical Holdings Group (MCHG) announced in August 2023 that it has developed barrier packaging material for foods using its biodegradable and compostable plastic, BioPBS™, in collaboration with Nakabayashi Co., Ltd. (Nakabayashi), Oji F-Tex Co., Ltd. (Oji F-Tex), MIB Co., Ltd. (MIB), NAGASE & CO., LTD. (NAGASE), and Kyokuyo Co., Ltd. (Kyokuyo). The packaging material was released in summer 2022 as part of Nakabayashi’s ‘asue’ range of ecologically friendly items.

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Key Segments

By Coating Type:

  • Water-based
  • Solvent-based
  • Wax Coating
  • Extrusion Coating

By Material:

  • Paper Coating
  • Plastic Coating
    • Polyethylene (PE)
    • Polypropylene (PP)
    • Polyvinylidene Dichloride (PVDC)
    • Polyethylene Terephthalate (PET)
  • Bio-based Plastic Coating
    • Polysaccharides
    • Polylactic Acid (PLA)
    • Polyhydroxyalkanoates (PHA)
      • Ethylene Vinyl Alcohol (EVOH)
      • Polyamide (PA)
  • Wax Coating
  • Others

By Thickness (ISO 534):

  • Less than 50 µm
  • 51 µm to 75 µm
  • 75 µm to 100 µm

By Application:

  • Cups & Lids
  • Trays
  • Laminates
  • Boxes & Cartons
  • Pouches & Sachets
  • Labels
  • Blisters & Clamshells
  • Wraps
  • Tapes
  • Others

By End Use:

  • Food Packaging
    • Bakery
    • Confectionery
    • Snacks
    • Dairy
    • Spices & Condiments
    • Sauces
  • Beverage Packaging
  • Cosmetic & Personal Care Packaging
  • Pharmaceuticals Packaging
  • Building & Construction Packaging
  • Electrical & Electronics Packaging
  • Tobacco Packaging
  • Packaging of Other Consumer Goods (Agriculture, Automotive, Home Care, Etc.)

By City:

  • Kanto
  • Chubu
  • Kinki
  • Kyushu & Okinawa
  • Tohoku
  • Rest of Japan

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Bio Vanillin Market Envisions Sweet Success at US$ 380.7 million by 2033

Bio Vanillin Market
Bio Vanillin Market

The global bio vanillin market is anticipated to reach a valuation of US$ 191.3 million in 2023, driven by increasing demand from pharmaceuticals and food & beverage industries. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.6% between 2023 and 2033, and reaching a total valuation of approximately US$ 380.7 million by 2033.

One of the major factors contributing to the growth of the bio vanillin market is the growing adoption of plant-based and vegan diets, which has led to an increased need for natural flavoring agents in these products. Bio vanillin, derived from plant sources, is seen as a suitable option for enhancing the taste of plant-based and vegan foods, including dairy alternatives, plant-based protein products, and non-dairy desserts.

Bio vanillin is also used in the fragrance and perfume industry as a key component in creating sweet and aromatic scents. Bio vanillin is expected to witness increased demand, as the fragrance industry expands and seeks natural fragrance ingredients.

The incorporation of bio vanillin into functional foods and nutraceuticals is gaining traction. Bio vanillin can be used to improve the taste and palatability of products that offer health benefits, such as fortified beverages, dietary supplements, and wellness products.

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Key Market Trends and Highlights

  • Bio vanillin manufacturers are offering customized solutions to meet the specific flavor and aroma needs of food and beverage companies, which allows for more tailored and unique product offerings.
  • The rise in plant-based and vegan diets has driven the demand for natural flavorings like bio vanillin. It is used to enhance the taste of plant-based alternatives, including dairy-free ice creams, plant-based cheeses, and non-dairy beverages.
  • In the United States, the demand for bio vanillin is being driven by the increasing popularity of plant-based milk alternatives, such as almond milk and soy milk. Bio vanillin is often used to enhance the taste of these milk alternatives, which are often perceived as having a less desirable flavor than dairy milk.
  • In India, the demand for bio vanillin is being driven by the increasing population of vegetarians. According to a study (2021) by the Vegetarian Times, there are over 400 million vegetarians in India.

Key Takeaways from the Market Study

  • Global bio vanillin market was valued at US$ 178.1 million by 2022-end.
  • From 2018 to 2022, the market demand expanded at a CAGR of 7.3%.
  • China is expected to hold a dominant CAGR of 12.1% through 2033.
  • By application, pharmaceuticals & food & beverage segments to constitute CAGR of 7.1% and 7.0% respectively, through 2033.
  • From 2023 to 2033, bio vanillin market is expected to flourish at a CAGR of 7.6%.
  • By 2033, the market value of bio vanillin is expected to reach US$ 380.7 million.

Ongoing research into enhanced extraction techniques from natural resources like vanilla beans, is a major factor that is expected to propel the growth of the bio vanillin market in the near future, remarks an FMI analyst.

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Competitive Landscape

Prominent players in the bio vanillin market are Evolva Holding, Firmenich SA, Solvay, De Monchy Aromatics, Advanced Biotech, Givaudan, Omega Ingredients Limited, Takasago International Corporation, Suzhou Function Group Co Ltd., and Apple Flavor & Fragrance Group Co., among others.

Recent Developments

  • In 2022, Firmenich announced plans to invest EUR 100 million in a new bio vanillin plant in France.
  • In 2021, Evolva Holding SA announced that it had received a $20 million investment from Mitsui & Co. to support the commercialization of its bio vanillin.
  • In 2021, Symrise AG announced that it had entered into a joint venture with BioAmber Inc. to produce bio vanillin from plant-based feedstock.
  • In the same year, Kemin Industries, Inc. announced that it had launched a new bio vanillin product that is made from sugarcane.

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Segmentation Analysis of the Bio Vanillin Market

By Application:

  • Food & Beverages
    • Ice Cream
    • Bakery and Confectionery
    • Chocolate
    • Other foods
  • Pharmaceuticals
  • Fragrances
  • Cosmetics
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia & Pacific
  • East Asia

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Pea Starch Market Poised for Plant-Based Prosperity, Aiming for US$ 115.9 Million by 2031

Pea Starch Market

According to the recent FMI report, the sales for pea starch is expected to surpass a value of US$ 115.9 Million in 2031, rising at a CAGR of around 5.2% through the end of 2031.

Dried peas have been identified to be one of the most versatile pulse alternatives, with a wide variety of end uses. The ingredient is a clean-label, gluten-free, non-GMO, all-natural, slow-digestible starch, which has made it a popular diet option for weight loss without altering the flavour of the final product. Furthermore, pea production takes place all over the world, making pea starch sourcing much easier boosting the global pea starch industry.

Sales of pea starch will represent 0.7% of the overall demand in the global vegetable protein market. Increasing preventative healthcare and the recent outbreak of deadly viruses are boosting growth in the overall vegetable protein market triggering growth in the pea starch market.

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Key Takeaways from the Pea Starch Market Study

  • Pea Starch is widely consumed in food processing functions of thickening and binding, gelling and texturizing among others. While thickening and binding applications are dominating the application segment holding nearly 35% market share. However, gelling applications is expected to grow with a significant CAGR of 8.5% over the forecasted period.
  • Pea starch is widely consumed in food processing end-use which is accounting for around 25% of the total market value. However, increased potential in the bakery products industry has led to an exceptional CAGR of around 9.8%.
  • As the focus on food nutrition grows, non-GMO and clean label attributes are gaining traction. As a result, organic pea starch, which is rising at a rate of close to 8%, are posing a significant threat to conventional pea starch, which owns more than 85% of the market share.
  • Due to a robust and active food processing industry, North America and Europe are the major markets for pea starch accounting for more than 54% of the global market. However, lucrative opportunities are now emerging in the APEJ and Latin American markets, which are developing at a CAGR of 9.7% and 8.0%, respectively.

“Manufacturers are seeking to produce pea starch-based products in order to meet rising customer demand for nutritious and sustainable foods. They are also providing convenience and on-the-go foods with a healthy twist to satisfy the demand of millennial customers, contributing to the worldwide pea starch market’s rise,” says the FMI analyst.

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Increased use for human consumption and application as a stabilizing agent in food processing is expected to drive growth in food-grade pea starch throughout the forecast period. Industrial grade pea starch, on the other hand, is predicted to expand at a faster rate of over 8%, with textile, adhesive, and cosmetic applications in packaging. These trends will be aided by the use of pea starch in the manufacturing of bioplastics.

Who is winning?

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

Some of the leading companies offering pea starch are Axiom Foods Inc., Dakota Dry Bean, Parrheim Foods, Cargill Inc., Vestkorn, Roquette, Sanstar Bio-Polymers, Emsland Group, American Key Products and others.

Market Segments Covered in Pea Starch Industry Analysis

By Nature :

  • Organic
  • Conventional

By Application :

  • Thickening and Binding
  • Gelling
  • Texturizing
  • Others

By Grade :

  • Feed Grade
  • Food Grade
  • Industrial Grade

By End-Use :

  • Soups and Sauces
  • Snacks and Savory
  • Bakery Products
  • Food Processing Industry
  • Cosmetics
  • Pharmaceuticals
  • Pet Food Industry

By Region :

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

Summary

Diversified application of pea starch in wide variety of industries such as food and beverage, pet food, cosmetics, pharmaceuticals is one of the key reason behind the growing demand for pea starch market. In addition to this increasing awareness regarding health benefits of consumption of pea starch is also souring growth to the pea starch market.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

 Contact Us:

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