Naturally Derived Sweeteners Market’s Rise to Prominence Expected 5.9% Growth by 2032 | FMI Projections

Naturally Derived Sweeteners Market
Naturally Derived Sweeteners Market

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Naturally Derived Sweeteners are estimated to reach a value of USD 17 billion by 2032, surging at 5.9 % CAGR through the decade.

The global market for natural sweeteners has been growing in recent years. A rise in customer health consciousness, that also encourages demand for healthier foods, an increment in demand for natural sweeteners due to the shift in customer preferences to organic products, and a growing demand for sugar alternatives in a variety of catering applications are driving the growth of this industry.

Other factors driving market for these sweeteners are their growing use in the restaurant industry, especially in emerging and third world nations, as a result of their low-calorie and inherently sweetening properties. Concerns regarding health problems induced by excessive use of natural sweeteners, for example, are hindering the expansion of the natural sweeteners sector.

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Key Takeaways from Market Study

  • East Asia held the greatest market share in 2021, accounting for 37.8% of the total. Growing demand for stevia products, abundant raw resources, and greater investment by large corporations all contribute to the expansion of this industry..
  • In 2021, the stevia category had the largest share due to rising demand for low-calorie items..
  • Coconut sugar is predicted to grow at a CAGR of 6.4 percent between 2022 and 2032, making it the fastest-growing category.
  • The Food and Beverage business had the biggest share in 2021, owing to a growing shift in consumer preference toward natural sugar and increased customer demand for new products..
  • Authorities in developing countries such as India, China, Taiwan, and Indonesia are adopting strategies to draw foreign investors into their manufacturing sectors by lowering trade tariffs and levies in order to create more jobs..

“Naturally Derived Sweeteners fill the job of providing low-calorie and naturally sweetening qualities. increasingly engaging with beginning tactics such as focused marketing, CSR initiatives, and other strategies will lead to an increase the global significance.”, –says Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

Naturally derived Sweeteners have a strongly competitive global market. A common trend that can be noted across the board is that these companies are now striving to handle a certain business-related activity in a country with favourable legislation in order to save money while still employing industry specialists at critical points in their operations.

Some of the leading companies offering Naturally Derived Sweeteners are E. I. du Pont de Nemours Company, Archer Daniels Midland Company, Merisant Company, Tate & Lyle PLC, Cargill, Madhava Natural Sweeteners, PureCircle Limited, Herboveda India Pvt. Ltd..

Get More Valuable Insights

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

Global Naturally Derived Sweeteners Market Segmentation

By Product Type:

  • Stevia
  • Palm Sugar
  • Coconut Sugar
  • Honey
  • Maple Syrup
  • Monk Fruit Sugar
  • Agave Syrup
  • Lucuma Fruit Sugar
  • Molasses
  • Natural Sweetener Blends

By Form:

  • Powder
  • Liquid
  • Crystals

By Nature:

  • Organic
  • Conventional

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By End Use:

  • Food
    • Bakery Goods
    • Sweet Spreads
    • Confectionery
    • Dairy Products
    • Canned Food
    • Others
  • Beverages
    • Powdered Drinks and Mixes
    • Carbonated Drinks
    • Fruit Drinks & Juice
    • Others
  • Personal Care
  • Pharmaceuticals
  • Tabletop Sweetener

Sales Channel:

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

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • 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 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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Vitamin C Revolution: Unveiling Innovations in Vitamin C Ingredients Market Anticipated 5.6% Growth by 2033 | FMI

Vitamin C Ingredients Market
Vitamin C Ingredients Market

According to an industry report, vitamin C ingredients Market is expected to generate US$ 2,704 million by 2023. Estimates indicate the market is forecast to reach US$ 4,657.5 million between 2023 and 2033, representing a CAGR of 5.6%. The rising incidence of cardiovascular diseases and increasing demand for skin care products are expected to drive the market for vitamin C ingredients.

Companies that manufacture food, beverages, and dietary supplements may experience fluctuations in demand due to changes in consumer preferences, health trends, and research on its benefits. Since Vitamin C is a well-known antioxidant and contributes to the immune system, it has historically been in high demand.  Water-soluble vitamins like this need to be replenished regularly through diet or supplements in order for the human body to store them. In addition to being found in many fruits and vegetables, vitamin C is also commonly found in food and beverage products, cosmetics, and dietary supplements.

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Several studies have suggested that vitamin C can be beneficial to heart health, especially when consumed in moderation. In addition to lowering blood pressure and reducing LDL cholesterol, it improves endothelial function, the key to a healthy circulatory system. Increasing stress levels and the occurrence of cancers are expected to grow the demand for vitamin C ingredients in the market. In studies, it has been proven that high doses of vitamin C could reduce the body’s stress response and reduce overall cortisol production.

Key Takeaways from the Market Study

  • Between 2023 and 2033, the vitamin C ingredients market is likely to experience a CAGR of 5.6%.
  • Based on the report, the vitamin C ingredients market experienced a growth rate of 2.4% between 2018 and 2022.
  • The United States held 22.8% of the vitamin C ingredients market share in 2022.
  • With strong growth over the past few years, China accounted for a 7.9% CAGR in 2022.
  • According to estimates, Japan held a market share of 3.6% in 2022.
  • A 4% share of the global market for vitamin C ingredients was contributed by the German market in 2022.
  • By 2022, the United Kingdom represented a 3.8% revenue share in the vitamin C ingredient sales in the market.

“With chronic diseases on the rise and new products entering the market, the market is expected to see a growth in demand for vitamin C ingredients. Increasing demand for natural food ingredients combined with an increase in pharmaceutical and cosmetics demand will drive the market to grow,” says Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Landscape

Vitamin C ingredients companies are engaging in various partnerships and collaborations to expand their business and gain synergistic benefits. As vitamin C ingredients are mostly used in bakery products, jams, and medicine along with sports nutrition, players in the vitamin C ingredients market are focusing their product offerings on food and beverage and pharmaceutical companies.

  • In April 2023, Unilever introduced a topical formula that uses vitamin C and olivine extract to promote youthful, vibrant skin. Unilever claims that the leave-on formula contains vitamin C dissolved in sodium ascorbyl phosphate and a olivine mineral extract that improves skin tone, skin brightness, and masks visible signs of aging. Formulas could be manufactured as liquids, lotions, creams, foams, and sticks, but serums and essences were ideal.

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Vitamin C Ingredients Market by Category

By Product Type:

  • Ascorbic Acid
    • Ascorbic Acid 90% Granulation
    • Ascorbic Acid 95% Granulation
    • Ascorbic Acid 97% Granulation
  • Sodium Ascorbate
  • Calcium Ascorbate
  • Coated Vitamin C
  • Others

By Form:

  • Powder
  • Granules
  • Others

By Source:

  • Natural
  • Synthetic

By Process:

  • Reichstein Process
  • Two-Stage Fermentation Process

By End-Use:

  • Food & Beverages
  • Cosmetics & Personal Care Products
  • Pharmaceuticals
  • Animal Feed

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and 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.

 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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Navigating the Phycocyanin Market Boom Projected 7% Growth by 2033 | FMI

Phycocyanin Market

The anticipated value of the worldwide phycocyanin market in 2022 was US$ 754.40 million. The market is anticipated to reach US$ 1,487.7 million, growing at a CAGR of 7% from 2023 to 2033 due to shifting customer preferences toward natural food-grade substances.

The benefits of phycocyanin, a substance produced from spirulina, in terms of nutrition and color are driving tremendous expansion in the food and beverage industry. The pigment is mostly used as a natural coloring addition in the food industry. Its use as an additive for food coloring has received permission from the U.S. Food and Drug Administration (FDA).

The organically produced pigment can be used as a nutraceutical component since it has antioxidant activity both in vitro as well as vivo. Many countries forbid the import and export of items that include artificial food colors, which is assisting the phycocyanin industry’s growth.

Phytocyanin is one among the few naturally generated blue hues acknowledged in Europe, Asia and North America. Its use as coatings for pharmaceuticals and nutritional supplements was also permitted a few years ago. Spirulina extract is exempted from certification by the U.S. FDA Code of Federal Regulations since it has been approved as a color additive. It is produced by sifting spirulina platensis dry biomass and separating it with water.

Increasing the patent manufacturing process of these substances to ensure a stable supply of pigments, strengthening distribution channels, and increasing consumer awareness of the various benefits of natural components, particularly in emerging markets, may further contribute to worldwide expansion.

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Key Takeaways from the Market Study

  • Global phycocyanin market is expected to be valued at US$ 785 million by 2023
  • From 2018 to 2022, the market demand expanded at a CAGR of 2.7%
  • From 2023 to 2033, the United States market for phycocyanin is projected to account for about 20% of global market share.
  • By form type, the powder segment was estimated to acquire 76.9% share in 2022.

On the basis of grade, the E18 food grade segment acquired a 56.9% market share in 2022.

“The phycocyanin products are gaining traction due to its natural origin, health benefits and application across a wide range of sectors,” says Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Landscape

Prominent players in the phycocyanin market are:

  • Cyanotech Corp
  • DDW Inc.
  • DIC Corporation
  • Dongtai City Spirulina Bio-Engineering Co., Ltd.
  • Fuqing King Dnarmsa Spirulina Co., Ltd.
  • GNT Holding B.V.
  • Sensient Technologies Corp.
  • Parry Nutraceuticals Limited
  • Döhler GmbH
  • Naturex S.A.
  • Naturalin Bio-Resources Co., Ltd
  • Far East Bio-Tec Co., Ltd.
  • Fraken Biochem Co., Ltd.

Some key developments of the leading companies in this market are:

  • A cooperative study into the impacts of the naturally occurring blue pigment phycocyanin obtained from DIC-cultivated Spirulina will be launched in 2022, according to an announcement made by DIC Corporation, Leave a Nest Co., Ltd and Innoqua Inc.
  • Innoqua’s core “environmental transfer technology,” which enables the recreation of particular marine ecosystems in enclosed environments (aquariums), will be used by DIC and Innoqua to raise corals and evaluate the efficacy of phycocyanin in preventing coral bleaching with the help of Leave a Nest.
  • The research will examine whether phycocyanin’s antioxidant qualities and its ability to block particular wavelengths of light when dispersed in seawater are effective in preventing coral bleaching, in addition to whether corals that absorb phycocyanin produce red fluorescence and do so in order to reduce the stress caused by solar radiation.

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More Valuable Insights Available

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

To understand opportunities in the phycocyanin market, the market is segmented on the basis of phycocyanin by nature (organic and conventional), by form (powder and liquid), by grade (E18, E25, E.0), by application (food & beverage, cosmetics & personal care, nutraceuticals, animal feed, aquaculture) and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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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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India Colored Gemstones Market is Expected to a Robust 10.5% CAGR by 2033 | FMI

India Colored Gemstones Market
India Colored Gemstones Market

The Indian market for colored gemstones is anticipated to achieve a value of US$707.8 million in 2023. With a robust compound annual growth rate (CAGR) of 10.5% expected between 2023 and 2033, the market is poised for acceleration. By 2033, this growth trajectory is projected to elevate the market value to US$1,916.9 million.

Gemstones in India are appreciated for other causes rather than just the aesthetic value. One fact is that an impressive number of the nation’s people believe in diamonds’ magical force. For example, the ruby colour gemstone industry is expected to go up in a rapid rate in the next years. This is because the rubies are symbolized as Sun.

Gemstone treatment is a common and easily applied way of improving the clarity and color of colored stones. As an example, the heat treatment to enhance the beauty of diamonds is prevalent. None the less, if these gems are used incorrectly it can result in damage to these gems. Filling the fractures, oiling/waxing and radiotherapy are among costlier treatment choices.

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A gemstone’s worth is determined by factors like asteria, clarity, cut, and color zoning. Only emerald, sapphire, diamond, and ruby are considered to be precious gemstones. As a result, these are among the most expensive gemstones. To check for the authenticity of these gemstones, consumers should be on the lookout for the following characteristics:

  • Hardness, which should range between 8 and 10 on the Mohs scale
  • Translucent appearance with fine colors (with the exception of colorless diamond)

Diamond, sapphire, ruby, and emerald are regarded as precious gemstones. These gemstones offer distinct qualities such as:

  • Translucent appearance along with fine colors (colorless diamond is a notable exception)
  • 8 to 10 Mohs scale hardness

Jewelry and Ornaments Segment to Continue Holding Prominent Share in Terms of Revenue

The jewelry and ornaments segment is anticipated to hold approximately 47.7% of the market share in India, driven by the growing middle class and the introduction of innovative jewelry designs by manufacturers.

Within the jewelry and ornaments segment, various categories such as bangles, necklaces, pendants, earrings, rings, anklets, and brooches are identified. Rings, in particular, played a significant role, constituting a 29% share of the market in 2022.

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Key Takeaways from the India Colored Gemstones Market Study

  • A US$ 707.8 million valuation looks likely for the India market for colored gemstones.
  • Between 2023 and 2033, a positive 5% CAGR is set to accelerate the market.
  • In 2033, the market should attain a value surpassing US$ 1,916.9
  • From 2018 to 2022, the market registered expansion at a healthy 0% CAGR.
  • In 2022, the market was valued at US$ 644.1 million.
  • The ruby segment had a 2% share of the market in 2022.
  • The jewelry and ornaments segment had a 29% share in the market in 2022, and it is predicted to establish a 7% share in the coming years.                                  

“International players operating in the India market for colored gemstones are making the most of social media to make target audiences aware. Local players should follow in their footsteps and leverage the power of social media to make themselves more visible.” -Says an FMI analyst.

Who is Winning?

Prominent colored gemstones market companies in India are focusing on formulating and executing branding strategies. These companies are also being helped by the Government of India, which is trying to revitalize the country’s jewelry sector by reducing taxes and duties.

Leading players operating in the India market for colored gemstones are

  • Anglo American PLC
  • Gemfields Group Ltd.
  • Petra Diamonds Limited
  • Rockwell Diamonds Inc.
  • Gem Diamonds Limited
  • PJSC ALROSA
  • Swarovski Group
  • Rio Tinto Diamonds
  • Botswana Diamonds P.L.C
  • Fura Gems Inc.
  • Dominion Diamond Corporation
  • Mountain Province Diamonds Inc.
  • Trans Hex Group Ltd.
  • Merlin Diamonds Limited
  • KGK Group
  • Pala International Inc.
  • MIF Gems Co Ltd.
  • Greenland Ruby

India Colored Gemstones Market by Category

By Stone Type:

  • Emerald
  • Ruby
  • Sapphire

By Shape (% of Demand):

  • Round
  • Oval
  • Pear
  • Cushion
  • Square Cushion
  • Square
  • Rectangle
  • Triangle
  • Freeform

By Product Type

  • Precious
  • Semi- Precious
  • Synthetic Stone

By Application

  • Jewelry & Ornaments (Fashion Jewelry)
    • Bangles
    • Necklaces
    • Pendants
    • Earrings
    • Rings
    • Anklets
    • Brooches
  • Luxury Art
  • Astro

By Product Format:

  • Natural
  • Synthetic (Lab Created)

By Cut Type (% of Demand):

  • Faceted Style
  • Non Faceted

By Clarity:

  • Type – I
  • Type – II
  • Type – III

By Region:

  • North
  • South
  • West
  • East

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 Hydrolysate Ingredients Market Eyeing 7.25% Growth by 2032 | FMI Insights

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

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

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

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

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

Key Takeaways from Protein hydrolysate ingredients market

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

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

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Competition Landscape in the Protein hydrolysate ingredients market 

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

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

Recent Developments in the Protein hydrolysate ingredients market:

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

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Protein Hydrolysate Ingredients Market by Category

By Ingredient Type:

  • Milk
  • Whey
  • Casein
  • Plant
  • Meat

By Product Form:

  • Powder
  • Liquid

By End Use:

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

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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A Journey through the Growing Macadamia Market Anticipated 11.2% Growth by 2033 | FMI

Macadamia Market

By the end of the year 2022, the worldwide demand for macadamia was estimated to be worth around US$ 2.2 billion. Further, the net revenue from total macadamia nuts sales globally in 2023 is anticipated to be about US$ 2.37 billion. The entire market value is predicted to rise at an 11.2% annual growth rate between 2023 and 2033. Finally, the global macadamia market value is expected to reach US$ 5.08 billion by the end of 2033.

An evolving trend for healthy snack alternatives among consumers across the world has significantly increased demand for macadamia nuts. Also, its nutritional properties due to containing high levels of monounsaturated fats and other vital components, have increased its popularity in non-native locations. Macadamia powder can be added to several culinary dishes, ranging from baked foods to confectionery, which has generated a diversified and vast customer base.

Currently, investments in precision agricultural techniques and cutting-edge processing technology have increased macadamia production efficiency and assured a consistent supply of high-quality macadamia nuts. Notably, more production of premium macadamia nuts has enabled advantageous pricing, which has contributed to strong revenue growth in the present market.

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Key Takeaways from the Macadamia Market Report

  • The total consumption of macadamia in the United States is higher in comparison to other countries. The country is estimated to account for almost 24.4% of the global revenue share.
  • In Europe, Germany is the leading regional market for the processing and consumption of macadamia products. In the current year 2023, this regional market is estimated to contribute to almost 7.4% of the global revenue share.
  • Though Australia is known to be the native place for macadamia nuts, it has only a 3.2% market share in processed macadamia business worldwide.
  • In Asia, China is known as the hub for macadamia processing and export. As of 2023, it holds around 13.2% of the global demand for macadamia.
  • Japan is also a significantly growing market for sales of macadamia in Asia these years. It is expected to hold a global market share of 5.4% in the current year 2023.

Competitive Landscape for the Macadamia Market

Industries and participants in the global macadamia business are positioning themselves strategically to benefit from the growing popularity of macadamia outside Australia’s mainland. Added to that, a greater emphasis on marketing and distribution through online sales channels has allowed market participants to reach a broader audience.

“After the emergence of new participants, the global market is seeing an increase in product variety, such as flavored macadamias and value-added goods. So, marketing of novel products with attractive packaging has surged the consumption of macadamia in recent years.” – says Nandini Roy Choudhury, Client Partner at Future Market Insights

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Recent developments by the Macadamia Processing Industries

A South African cooperative firm named Golden Macadamias developed a TOMRA 5C sorting system with Biometric Signature Identification technology in April 2022. This is a high-end optical sorting system or machine for nuts and dried fruits to achieve the finest product quality with a huge macadamia production volume.

Milkadamia Inc. debuted a new macadamia nut oil milk product line at Natural Products Expo West in March 2022. Macadamia milk under this category comes in salted caramel and pumpkin pie flavors aimed at attracting more consumers in the younger age group.

The World Macadamia Organization, located in China, launched its first consumer marketing campaign in January 2022. It was initiated to promote the importance of macadamias by presenting the ritual of cracking nut-in-shell macadamias during specific Chinese Festivals.

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The Market has been Segmented as

By Nature:

  • Organic
  • Conventional

By Form:

  • Raw
  • Processed
  • Oil

By End Use:

  • Residential
  • Commercial
  • Industrial
  • Food Industry
    • Confectionery
    • Bakery
    • Dairy
    • Snacks
    • Others
  • Cosmetic and Personal Care

By Distribution Channel:

  • Direct
  • Indirect

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.
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Suite 401, Newark, Delaware – 19713, USA
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Exploring the Dynamic Protein Ingredients Market Projections Set at 5.6% Growth by 2032 | FMI

Protein Ingredients Market
Protein Ingredients Market

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, protein ingredients market is estimated to be valued at USD 27.5 Billion in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 47.4 Billion by 2032, rising at a CAGR of 5.6% for 2022 to 2032.

Among many of the growth drivers, the use of plant- and dairy-based protein ingredients in the production of insecticides, fertilizers, paper coatings, printing inks, and paper is expected to boost protein ingredient sales during the forecast period.

Aside from that, the food and beverage industry accounts for a sizable portion of the protein ingredients market’s revenue. Protein manufacturers are developing new isolates and concentrate, increasing the use of protein ingredients in dairy products, dietary supplements, bakery products, confectionery, infant formula, and other products.

The growing demand for plant-based protein alternatives, combined with consumer interest in foods that promote health and well-being, is expected to open up new opportunities in the Protein Ingredients Market. Protein components are suitable for nutraceutical applications because they contain essential amino acids that have therapeutic properties.

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Key Takeaways from Market Study

  • Because of the consistency of consumer spending in the United States, the protein ingredient market will continue to grow steadily, and changes in America’s food safety laws will focus more on preventing food contamination, driving protein ingredient growth.
  • The government of the United Kingdom promotes healthy eating and lifestyle among its citizens and this drives the protein ingredient market.
  • The Food and Beverage industry in Spain is steadily expanding, increasing the demand for high-quality protein supplements.
  • Because of its low growth and attractive prices, Japan, a high-income country, has a significant share of the protein ingredients market.
  • The Australian protein market will grow at a CAGR of 7.2 percent during the forecast period (2022-2032).

“As a result of the world’s rapid population growth and rising consumer awareness about nutrition and health, the global protein ingredients industry is rapidly expanding,”says Nandini Roy Choudhury, Client Partner at Future Market Insights

Who is winning?

Players in the protein ingredients market have adopted business expansion and product launch as key development strategies in order to increase their market share, increase profitability, and remain competitive.

  • In January 2019, Ingredion, Inc. announced a USD 185 million investment to expand their plant protein ingredient plant in Canada and Vanscoy, Saskatchewan in an effort to increase the company’s production capabilities, which are expected to capture the protein ingredients market during the forecast period.

Among the key players profiled in the report are Cargill, ADM, DuPont, Kerry Group, Omega Protein Corporation, Friesland, Mead Johnson Nutrition Company, Fonterra Co-operative Group, Kewpie Corporation, and Bunge Limited.

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Get More Valuable Insights

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

Market Segments Covered in Protein Ingredients Industry Analysis

By Product Type:

  • Animal Protein
    • Whey Protein
    • Casein and Caseinates
    • Milk Protein
    • Egg Protein
    • Gelatin
  • Plant Protein
    • Soy Protein
    • Wheat Protein
    • Pea Protein
    • Other Plant Proteins

By Application:

  • Supplements and Nutritional Powder
  • Beverages
  • Protein and Nutritional Bars
  • Bakery and confectionery
  • Breakfast Cereals
  • Meat and Meat Products
  • Dairy Products
  • Infant Nutrition
  • Animal Feed
  • Other Applications

By Form:

  • Isolates
  • Concentrates
  • Other Forms

Region:

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

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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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Navigating the Fish Oil Market Surge Expected 6.8% Growth by 2032 | FMI Projections

Fish Oil Market
Fish Oil Market

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, global fish oil market size was valued at USD 12.3 Bn in 2022 and is estimated to reach USD 23.8 Bn by 2032 with a CAGR of 6.8% from 2022 to 2032.

As health supplements grow more popular, top fish oil companies are focusing on delivering omega fish oil/omega-3 supplements in the global market. As a result of the high level of competitiveness, manufacturers are adding more nutrients to their products.

Because of the increased demand for fish oil from the pharmaceutical industry, prominent fish oil producers are focusing on developing new products for the global market.

Omega-3 fatty acids are required in large proportions in aquaculture, animal nutrition and pet feed, supplements and functional food, medications, and other industries. Furthermore, fish oil helps the neurological system work properly and enhances the cardiovascular system.

As doctors and the general public become more aware of the importance of omega-3 fatty acids, fish oil consumption has increased substantially. As a result, companies are developing nutraceutical products with enriched EPA and DHA. The increased need for EPA and DHA in human nutrition has had an impact on the global fish oil market.

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Key Takeaways from Market Study

  • With a market share of 32.1 percent in 2021, North America will continue to dominate the worldwide market.
  • China’s market is projected to be strengthened by the ingredient’s potential for sports nutrition, as well as expanding chances for highly personalised nutrition.
  • Australia currently controls 73.4 percent of the Oceania market and is expected to increase at an annual rate of 8.7% in the next years.
  • India is one of the fastest-growing economies in South Asia, and fish oil is in high demand.
  • In 2021, India’s fish oil demand is expected to be worth USD 37.7 million.
  • In 2021, sales of pharmaceutical-grade fish oil are estimated to account for more than 48% of total sales.
  • Fish liver oil sales are increasing as a result of the increased demand for sardine oil in animal feed.
  • Germany held a 24.2 percent market share in Europe in 2021

“Due to consumers’ hectic lifestyles and increased taste, ingredients, and flavour, the Fish Oil sector is on the rise. Increased product awareness, as well as industry-wide research and development, are critical elements in market expansion.”, –says Nandini Roy Choudhury, Client Partner at Future Market Insights

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Competitive Landscape

The fish oil industry is slightly fragmented, varied, and competitive, with a number of small and mid-sized businesses actively engaged in product development and research. Every region has seen the growth of subsidiaries, commercial divisions, and research institutes supported by major participants in the fishmeal and fish oil sector.

Some of the leading companies offering Fish Oil are Omega Protein Corporation, FF Skagen A/S, Pesquera Diamante S.A., Copeinca AS, Marvesa Holding N.V., Pesquera Exalmar, Corpesca S.A., Colpex International, FMC Corporation, TripleNine Group A/S.

Get More Valuable Insights

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

The study divulges compelling insights on the Fish Oil based on  Product ( Sardine Oil, Squalene Oil, Cod Liver Oil, Krill Oil, Salmon Oil, Tuna Oil, Menhaden Oil ,Anchovy Oil, and Others) , Grade (Food Grade , Pharma Grade and Feed Grade ),   Process Type (Modified Fish Oil, Refined Fish Oil, and Crude Fish Oi), End User(Aqua feed ( Cyprinids, Marine fish, Salmon & Trout, Crustaceans,  Eels,  Tilapias), Food & Beverages, Dietary Supplements, Cosmetic & Beauty Product), Distribution Channel – B2B ( Manufacturers and Distributors), B2C ( Modern trade (hypermarkets & supermarkets), Convenience stores, grocery stores, medical stores, discount stores), E- commerce/ online stores, and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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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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Tiny Tummies, Big Impact: Innovations in Infant Nutritional Premix Market Projections at 4% Growth by 2032 | FMI

Infant Nutritional Premix Market
Infant Nutritional Premix Market

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

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

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

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

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

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Key Takeaways from Market Study

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

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

Competitive Landscape

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

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

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Get More Valuable Insights

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

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

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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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Exploring the 23% Growth Anticipation in the Meat Substitutes Market by 2033 | FMI Insights

Meat Substitutes Market
Meat Substitutes Market

During the forecast period, the meat substitutes industry is poised to record a healthy CAGR of 23.0%. In 2033, the market is expected to be worth approximately US$ 8.5 billion. Global demand for meat substitutes is expected to rise at a yearly growth rate of 5.0% Y-o-Y to US$ 67.9 billion in 2033

Globally, consumer food choices are changing dramatically. More people are realizing how important it is to maintain a healthy lifestyle and consume protein in moderation.

As a result, consumers are taking a proactive approach and increasing their protein intake to guarantee that they remain fit and healthy for a long time. They are changing their eating habits and including plant-based protein sources in their diet. This results in the growth of the meat substitutes market trends.

Alternative proteins, including meat substitutes, are becoming increasingly popular in this area. Consumers are becoming gradually concerned and aware of the harmful environmental impact on animal farms.

As a result, people are adopting vegetarian or flexitarian diets in order to eliminate or minimize meat consumption and indirectly reduce carbon emissions. The demand for meat substitutes, a sustainable, environmentally friendly alternative to meat, is predicted to grow at a significant rate.

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Meat Substitutes’ Complex Manufacturing Processes and High Product Prices Inhibiting Market Expansion

The color of the flesh is one of the main characteristics that are challenging to replicate in plant-based meat substitutes. While they are being cooked, the goods that include textured vegetable proteins may also change color.

Color is one of the key factors that consumers take into account when making a purchase, thus any modification can have a major impact on how frequently they choose to buy the product. Aside from color, one of the most difficult aspects of producing them is the flavor of the meat. These factors result in the inhibition of the meat substitute market growth.

The production of meat substitutes made from plants is a highly complex procedure. Plant-based meat replacements, for example, they go through extensive processing during the manufacturing process. Since multiple ingredients are utilized to make the final product, manufacturers employ batch production processes. This raises the overall cost of producing plant-based meat.

Asia Pacific Outlook

The middle-class population of Asia Pacific has more disposable money as a result of industrialization. This has increased consumer demand for nutritious, high-quality, and protein-rich food items. More people are cutting meat out of their diets as consumer eating habits change.

As a result, the demand for meat substitutes is expected to increase in Asia Pacific. It also prepares the way for a considerable and continuous increase in the meat substitutes market share throughout the Asia Pacific due to the rise in consumer concerns over health and sustainability.

Key Takeaways

  • During the projected period, the source category’s plant-based pork sector may record a CAGR of 24%.
  • In the product type category, the patties section is expected to record a CAGR of 20.5% from 2023 to 2033.
  • Over the projection period, the United States meat substitutes market is expected to record a CAGR of 22.3%, reaching US$ 16.6 billion in 2033.
  • According to estimations, the meat substitutes market in South Korea is expected to record a CAGR of 21.1% during the projected period and reach US$ 477.7 million in 2033.
  • Over the forecast period, the meat substitutes market in China is expected to register a CAGR of 26.1%, reaching US$ 3.8 billion in 2033.
  • Over the projected period, it is predicted that the market in Japan is anticipated to record a CAGR of 25.6%, reaching US$ 2 billion in 2033
  • The market in India is anticipated to expand gradually over the course of the projection period recording a CAGR of 25.9%, reaching US$ 2.5 billion in 2033.

Competitive Landscape

The global meat substitutes market is semi-consolidated, with several well-known firms and emerging meat substitutes’ manufacturers operating in various nations throughout the world. Beyond Meat, Impossible Foods, Kellogg’s, Tyson Foods, and JBS SA are some of the leading global market players.

Consumers are also eager to try new food products that are both healthful and environmentally sustainable. This resulted in higher sales as well as a chance for future expansion.

Recent Development

  • Introduction – Impossible Foods Inc

Impossible Foods Inc. increased its foothold internationally in May 2021 by introducing its plant-based burger in New Zealand and Australia. This growth is a component of the company’s objective to provide delectable and environmentally friendly food options in many markets across various countries.

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Key Segments

By Source:

  • Plant-based Chicken
  • Plant-based Beef
    • Plant-based Pork
  • Plant-based Fish

By Product Type:

  • Patties
  • Crumbles & Grounds
  • Hot Dogs
  • Sausages
  • Nuggets
  • Meatballs
  • Other Product Types

By Functionality:

  • Weight Management
  • Immunity Boosting Products
  • Gut Health/Digestive Health
  • Clinical Nutrition
  • Others

By Product Format:

  • Refrigerated
  • Frozen
  • Shelf-stable

By Region:

  • North America
  • Latin America
  • Europe
  • Asia
  • Oceania
  • Middle East & Africa (MEA)

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
LinkedIn| Twitter| Blogs | YouTube