Market Research Blog

The lecithin and phospholipids market is valued at US$ 1.7 billion in 2023. The market is expected to reach a valuation of US$ 3.3 billion by 2033, and is projected to grow at a CAGR of 7.1% during the forecast period.

Lecithin and phospholipids are frequently used in medicine. Neurologists primarily recommend them for Alzheimer’s disease treatment. Aside from that, these are utilised to treat illnesses such as high blood pressure, anxiety, and others. These elements are also plentiful in nature, making them easily accessible.

Demand for lecithin and phospholipids may rise as the convenience food and fast-food businesses expand. During the forecast period, their ability to act as antioxidants and taste protectors is predicted to increase their market share. They are also used to eliminate lumps and give beverages a delicate texture.

As a result of urbanisation, many people have abandoned traditional practises. People choose to dine at quick service restaurants rather than cook for themselves due to their hectic lifestyles. These restaurants are well-known for freely use soy. According to the study, fast food outlets may see a major increase in the next years. These conditions may raise demand for lecithin and phospholipids.

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The ability to act as emulsifiers is leading to the large-scale application of lecithin and phospholipids in chocolate industry. Furthermore, they also assist in moisturizing the consumables, and increase their shelf life. These properties have created a lot of buzz amongst the key players in the food industry.

Furthermore, a lot of key players are also investing on the development of liquid lecithin and phospholipids plants. The purpose is to scale up the production of these elements, and cut down the existing demand supply gap.

However, the side effects which include allergy, and an increase in the price of raw materials is expected to hinder the progress of the market.

Key Takeaways:

• The market is anticipated to grow at a CAGR of 7.1% in 2023-2033.
• In 2023, the market is valued at US$ 1.7 billion.
• As of 2033, the lecithin and phospholipids market is projected to reach a valuation of US$ 3.3 billion.
• Based on the regional analysis, Asia Pacific is expected to be the largest market.
• USA market is projected to grow at a CAGR of 6.5%.
• UK market is anticipated to grow at a CAGR of 4.8%.
• China market is expected to grow at a CAGR of 10.3%.
• Japan lecithin and phospholipids market is projected to surge at a CAGR of 11%.
• South Korea market might advance at a CAGR of 8.6%.
• Based on the product type, the chemically modified lecithin is expected to hold the largest market share during the forecast period, and is projected to grow at a CAGR of 7.8%.
• On the basis of form, the powder segment is projected to hold the highest market share during the forecast period, and is anticipated to grow at a CAGR of 7.2%.

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Competitive Landscape

The key players operating in the lecithin and phospholipids market are looking for production expansion. Apart from that, there are also measures being taken to carry out profitable mergers. There is also a massive investment that is being made in the technological aspect of the business. The key players are also making massive investments in the R&D to give special focus on the quality management.

In February 2022, Lecico was the proud recipient of Platinum medal by EcoVadis for its sustainability actions.

Lecithin and Phospholipids Market Segmentation

By Product Type:

• Unrefined Lecithin (Soybean Lecithin, Sunflower Lecithin, Rapeseed Lecithin, Others),
• Refined Lecithin,
• Chemically Modified Lecithin

By Form:

• Powder,
• Granules,
• Liquid

By Nature:

• GMO,
• Non-GMO

By Function:

• Emulsifier,
• Dispersing Agent,
• Surfactants,
• Others

By Application:

• Bakery & Confectionary,
• Dairy Products,
• Infant & Dietetic Food Products,
• Meat & Poultry Items,
• Instant Foods,
• Other Processed Foods,
• Dietary Supplements & Pharmaceuticals,
• Cosmetics,
• Animal Feed

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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The global fibers & specialty carbohydrates market size is expected to reach US$ 16919.5 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.1% CAGR between 2022 and 2030. According to the report, rising concerns over obesity and gastrointestinal disorders are projected to promote the use of nutritionally enriched foods with reduced cholesterol level, which, in turn, will drive the market growth over the forecast period.

The study provides a comprehensive overview of the market, including important growth drivers, limitations, opportunities, and current trends. It uses cutting-edge research techniques to deliver the most accurate market analysis.

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The demand for nutritional supplements, sports nutrition goods, weight loss products, animal nutrition, and personal care will drive growth in the fibres and specialty carbs industry. Advanced fibres and carbohydrates have an essential role in health management. These are required for a healthy digestive tract, blood sugar management, and LDL (bad) cholesterol reduction. These are used to treat malnourished people, as well as gastrointestinal issues and cardiovascular diseases.

Increasing Demand for Dietary Supplements is Driving the Growth

Fibres, specialised carbohydrates, and other medical supplements are recognised to help people avoid and treat malnutrition, cardiovascular disease, and gastrointestinal issues. Food and beverage makers have raised their investment for the incorporation of nutraceuticals ingredients to improve the nutritional value of the final product in recent years.

Two categories of fibers which are essential to the daily diet are insoluble fibers (which include cellulose, hemicelluloses, and lignin, making up the structural parts of plant cell walls) and naturally occurring soluble fibers (which include pectin, gums, and mucilage, mainly found in plant cells). One of their major roles is to lower LDL (bad) cholesterol levels. Specialty carbohydrates offer developers the opportunity to manufacture healthier products with a variety of nutritional values. Their health benefits are a major reason why manufacturers choose dietary ingredients for their products.

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It includes in-depth insights into the fibers & specialty carbohydrates market. Some of these are:

• The estimated value of the market was at US$ 9334.4 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, Europe emerged as a key market for fibers & specialty carbohydrates.
• North America will remain steady as key market for fibers & specialty carbohydrates.
• The dietary supplements segment is expected to account for the highest revenue share.
• Supply chain disturbances and decelerated demand due to coronavirus may have a negative impact on growth
• Key players are likely to focus on product innovations to stay relevant in developed markets.

Who is Winning?

Key players in fibers & specialty carbohydrates market include Tate & Lyle Plc, ADM, Cargill, Inc. Du Pont, DSM, Ingredion Incorporated, Roquette Freres, and Südzucker AG Company.

Product innovation and formation of strategic partnerships with distribution channels are expected to remain critical success factors over the forecast period.

FIBERS & SPECIALTY CARBOHYDRATES MARKET TAXONOMY

The global Fibers and Specialty Carbohydrates Market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Type

• Fibers
• Speciality Carbohydrates

Application

• Functional foods
• Functional beverage
• Dietary supplements
• Animal nutrition
• Personal care

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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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The sector is being pushed by increased global demand for cattle products. It is also expected to gain from the increasing occurrence of animal ailments. However, the use of enzymes in feed and rigorous regulations on commodities like these are limiting this sector from growing.

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Animals are given supplements called animal nutrition chemicals to make up for deficits in their diets.Animal immunity, pregnancy outcomes, fertility, new-born survival and growth, meat quality, and feed efficiency are all enhanced by animal nutrition additives. This industry will have potential for growth due to the rising demand for pets and pet insurance.

Increasing Use of Milk, Meat and Related Animal Products Worldwide will Boost Growth

Animal nutrition chemicals are important feed additive items that help animals grow and stay healthy. These are frequently used in the feed business to increase product quality and nutrition quality. The growth of domesticated animals and cattle drives the animal nutrition chemical market. Furthermore, the increase in pet health care centres and veterinaries is likely to fuel market expansion.

Furthermore, rapid industrialization of livestock farming, increase in health problems among animals, and rise in meat demand are some of the major factors boosting the animal nutrition chemicals industry. The upsurge in consumer demand for performance and nutrition solutions on account of rising pet and cattle population is one of the primary factors driving the market.

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Who is Winning?

Some of the leading players operating in the Animal Nutrition Chemicals market are BASF SE, Dow Chemical Company, DuPont, Kemin Industries, Tata Chemicals, Novozymes, Royal DSM, and Balchem Corporation.

As a result of the rising demand for animal protein products and the rising trend of ownership of pet animals. Moreover, the rising incidences of epidemics of animal diseases, rising livestock population and the rising concerns of pet owners regarding their pets’ health are triggering the demand for safe and healthy pet foods, which in turn is stimulating the growth of the global animal nutrition chemicals market. Moreover, the growing consumption of meat across the globe is augmenting the market.

On the downside, increase use of in-feed enzymes and probiotics as an alternative are the restraining factors for the growth of the animal nutrition chemicals market. The U.S. will emerge as a major contributor owing to the increasing spending on their pets. This has led to the growing demand for nutritional products. In Europe, countries such as Germany, France, the U.K., and Switzerland are the sights of high growth rate owing to strong domestic consumption.

Animal Nutrition Chemicals Market Taxonomy

The Animal Nutrition Chemicals market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• Amino Acid
• Vitamin
• Mineral
• Enzyme
• Fish Oil & Lipid
• Carotenoid
• Eubiotics
• Others (Vacuum Salts and Organic Food)

Application

• Animal Food Manufacturer
• Farm
• Household
• Veterinarian
• Others (Domestic Animal Feed and Aquaculture)

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

By Species

• Poultry
• Swine
• Ruminant
• Pet
• Others (Aquaculture and Euqines)

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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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The residue testing services market research report from Future Market Insights estimates that in 2032, the market will have a net worth of almost US$ 1.4 billion. The market for residue testing services is anticipated to expand at a CAGR of 4.1% during the anticipated time frame and will be worth US$ 2 Billion by 2032.

Because of the growing demand for food safety and quality assurance, the market for Residue Testing Services is continuously developing. Stringent laws, as well as greater consumer awareness of toxins, drive the demand for reliable testing methods. To ensure safe and contaminant-free products, the market is seeing technological advancements, expanded applications, and increased use across several industries.

In 2019, the global residual testing market was valued at US$ 3.5 billion USD. Between 2019 and 2030, the market is expected to grow at a 6.9% CAGR. Europe has the highest regional share of the worldwide market. However, East and South Asia are predicted to develop at a faster CAGR during the forecast period. The market can be divided into three applications: feed and pet food, agricultural crops, and food and drinks. The food and beverage industry was the largest contributor to the global market.

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It includes in-depth insights into the residue testing market. Some of these are:

• The estimated value of the market was at US$ 3.5 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, Europe emerged as a key market for residue testing.
• However, the market in Asia Pacific is expected to rise at a higher rate of growth.
• Among application-based segments, food and beverages industry is currently leading the market.
• Key players are likely to focus on research and development and technological advancements to stay strong in the market.

As consumers grow increasingly concerned about their health and wellbeing, the demand for specialist diets will increase. In addition to this, the food and beverages sector has witnessed a remarkable spike in the demand for packages foods in the last couple of years. Urbanization and busy lifestyle have been key influencers of consumers’ eating habits, and also have paved the way for expansion of the food industry. This is expected to have a positive impact on the residue testing market.

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Stringent Regulations Imposed to Ascertain Food Safety will Drive Growth

The residue testing market will be driven by stringent food and safety standards established to reduce food contamination and improve food safety. Furthermore, food processing firms are utilising new technologies to adhere to food safety policies. This will have a beneficial effect on the market as a whole. For example, chromatography is one of the most commonly used procedures for testing the presence of any residue in food. Aside from that, the food business is currently employing a variety of technologies to detect pollutants in food, such as allergens, toxins, pathogens, pesticides, heavy metals, and any other residue.

Several countries have enacted these restrictions to regulate the use of dangerous pesticides; for example, pesticide use is strictly restricted in Europe and North America. As a result, these regions provide significant growth possibilities for the residue testing market.

Who is Winning?

Some of the leading players operating in the residue testing market are Microbac Laboratories, Inc., EUROLAB, Centers for Disease Control and Prevention (CDC), AsureQuality Laboratories, VICAM LP, Neogen Corporation, IDEXX Laboratories Inc., Charm Sciences Inc., Bureau Veritas S.A., Intertek Group plc., Silliker Inc., Eurofins Scientific, ALS Limited among others.

As a result of increasing competition, leading are focusing on advanced technologies and research and development activities. Their expansion strategies are further aided by agreements between them and local players across emerging market. These companies are particularly focusing on catering to changing consumer preference across various applications.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

Get Valuable Insights into Residue Testing Market

Future Market Insights, in its new report, presents an unbiased analysis of the global residue testing market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of type, the market can be classified into pesticide residues, toxins, heavy metals, food allergens and others. Based on technology, the market can be segmented into chromatography, spectroscopy, immunoassay and others. On the basis of application, the market covers feed and pet food, agricultural crops and food and beverages. Regionally, the key segments of the market are North America, Latin America, Europe, Japan, APEJ, Oceania, and the Middle East and Africa.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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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The global gluten-free bakery premix market was worth US$505 million in 2022, and it is predicted to rise at a 10% CAGR from 2022 to 2032. Food safety worries about allergens have pushed the global gluten-free bread premix market to US$1,323.2 million by 2033.

The demand for gluten-free bakery premix is likely to rise as more people seek a gluten-free diet to treat pre-existing medical disorders, as well as those who want to live a gluten-free lifestyle just to feel better. As a result, as more people experiment with new diets such as the paleo or keto diets, these reasons are increasingly becoming the key drivers of the gluten-free bakery premix market.

As the world witnessed a shift in consumer adoption of gluten-free bakery premix, consumers may now tailor their shopping experience to match their particular nutritional demands as a result of technological advancements. Customers have always had access to in-store dietitians as well as color-coded shelf stickers displaying the nutritional characteristics of individual foods, such as heart-healthy and gluten-free.

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When gluten-free bakery premix producers employ bakery premixes, they save time by reducing the number of weighing tasks they must perform and the time it takes to prepare their breads. Bakery premixes lessen the potential of error by pre-dosing the ingredients and eliminating the more delicate processes associated with traditional bread-making methods. Each proportion added to the mixer is meticulously metered to get the best possible appearance, volume, texture, and flavour.

Key Takeaways from Market Study

• The gluten free bakery premix market is expected to expand at a CAGR of 8.3% and 5.6% in Latin America and South Asia respectively through 2032
• Market Share of East Asia and Oceania is 12.3% and 3.0%, respectively in 2022 and it is expected to grow with CAGR of 4.9% and 3.3% over the forecast period
• European gluten free bakery premix market is expected to be valued at US$ 115.7 Mn holding 30.7% share in 2022 and it is expected to grow with CAGR of 4.2% over the forecast period.
• Among the application segment, bakery is dominating the gluten-free bakery premix market holding 68.6% share in 20222 and it is expected to grow with CAGR of 5.1% over the forecast period.
• Among the product type segment, bread is dominating the gluten-free bakery premix market holding 30.1% share in 2022 and it is expected to grow with CAGR of 6.5% over the forecast period.
• Direct sales distribution channel is accounted for maximum sales of 63.9% in 2022 and it is expected to grow with CAGR of 5.4% over the forecast period.

Competitive Landscape

Key manufacturers involved in gluten-free bakery premix market are majorly focusing on merger and acquisition activities. These merger and acquisition activities are helping the key players to increase their regional presence and also to increase their existing product portfolio.

Key Players in the Gluten-Free Bakery Premix Market

• Myosyn Industries Pty Ltd
• Melinda’s Gluten-Free Goodies
• Choices Gluten-free
• Lesaffre
• Naturally Organic
• Theodor Rietmann Gmbh
• Caremoli SPA
• Bakels Group
• Watson Inc.

Latest Developments in the Gluten-free Bakery Premix Market

• In February 2022, Dr. Schar UK who is a gluten-free manufacturer acquired GDR food technology who is allergen-free, fresh break manufacturer based in Bellshill.
• In November 2021, the grocery store chain Hy-Vee, Inc. unveiled Good Graces, a new private brand offering a complete line of gluten-free goods. There are now 30 gluten-free foods available from Good Graces, and another 60 are being developed.
• With a new fermentation method and redesigned packaging that includes bread, Rudi’s debuted 15 new items in its organic and gluten-free categories in September 2021.
• A gluten-free frozen snack and appetiser brand called Feel Good Foods introduced gluten-free square pan pizza in July 2021. Each comes with a baking tray and is offered in the Margherita, Truffle Mushroom, and Four Cheese varieties.

Explore More Valuable Insights

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

The study offers compelling insights based on product type (Bread, Cakes, Pizza Bases, Muffin, Hamburgers, and Other Product Types), Application (Bakery, Confectionary, Restaurant, Household), and Sales Channel (Direct, Indirect) across seven major regions of the world.

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Gluten-Free Bakery Premix Market by Category

By Application:

• Bakery
• Confectionery
• Restaurant
• Household

By Product Type:

• Bread
• Muffin
• Cakes
• Hamburgers
• Pizza Bases
• Other Product Types

By Distribution Channel:

• Direct Sales
• Indirect Sales

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Frequently Asked Questions

• How big is the Gluten-Free Bakery Premix Market?
• What is the North America Gluten-Free Bakery Premix Market Outlook?
• What is the Gluten-Free Bakery Premix Market Outlook in Europe?
• What is the Gluten-Free Bakery Premix Market Growth Outlook by 2032

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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According to Future Market Insights’ new analysis, the global lactoferrin market size is estimated to reach US$ 247.0 million in 2023. Total lactoferrin sales are anticipated to increase at 4.7% CAGR between 2023 and 2033, totaling a revenue of US$ 711.0 million by 2033.

The growing use of lactoferrin in infant formulas, therapeutic nutrition, and dietary supplements is expected to boost the global lactoferrin market forward.

Lactoferrin is a multifunctional protein found in mammalian milk. It is popular all over the world due to its antioxidant, antiviral, antibacterial, and anti-inflammatory properties.

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Lactoferrin is being used more and more in newborn feeding, nutritional supplements, and a range of other healthy meals. As a result of increased production and consumption of these commodities, lactoferrin sales will increase over the projection period.

The increased prevalence of illnesses such as anaemia, diarrhoea, blood infection, and a range of other conditions is expected to create a considerable need for supplements such as lactoferrin during the next ten years.

Lactoferrin has proven to be an effective iron supplement for pregnant women who have low iron levels. It is also used in the treatment of diarrhoea, ulcers, hepatitis, and blood infections. Increasing knowledge of the potential benefits of lactoferrin is projected to generate profitable revenue-generation opportunities for lactoferrin manufacturers over the assessment period.

Lactoferrin, a nutraceutical protein that plays an important role in neurodevelopment and neuropathic processes, is in high demand among therapeutic nutrition product makers.

Clinical nutrition application of lactoferrin is gaining traction with FMI estimating this segment to accelerate at 7.3% CAGR between 2023 and 2033.

Lactoferrin is also considered a cationic glycoprotein, being used as a nutritional ingredient in different food & beverage products, such as food supplements, non-alcoholic beverages, and sports nutrition products.

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The future of lactoferrin adoption depends on the food & beverage companies, especially brands making baby foods and dietary supplements, who are motivated to comply with the food safety certification requirements and necessary environmental standards.

As a result, more innovation across the value chain is required to increase the adoption rate of the product, driven by a new food revolution generated through consumer tastes and preferences while leveraging automation effectively.

Key Takeaways from the Lactoferrin Market Study:

• Global sales of lactoferrin are forecast to rise at 4.7% CAGR throughout the assessment period.
• By form, powdered lactoferrin segment accounts for a market share of 88.9%.
• Based on application, infant formulas segment currently holds a prominent share of 35.9% while the clinical nutrition segment is anticipated to witness a lucrative growth rate of 7.3% CAGR between 2023 and 2033.
• Europe remains the leading producer of lactoferrin and it held around 31.1% of the global lactoferrin market in 2022.
• Demand for lactoferrin across South Asia is expected to increase at 7.7% CAGR during the projection period.

“Growing inclination towards high nutritional and healthy food products across the world is expected to create lucrative growth prospects for lactoferrin market during the forecast period. Hence, key lactoferrin manufacturers are introducing lactoferrin-based products with exotic flavors and innovative packaging to attract more consumers,” says a lead analyst at FMI.

Who is Winning?

Leading companies offering lactoferrin are Fonterra Co-operative Group, Glanbia plc, Milei Gmbh, Nestle SA, Pharming Group NV, Farbest Brands, NutriScience, Bega Cheese Group, Ltd, InVitria, Vitalus Nutrition Inc., and others.

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Get Valuable Insights into Lactoferrin Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the lactoferrin market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling and detailed insights on the lactoferrin market based on form (powder and liquid), and application (sports nutrition, infant formulas, clinical nutrition, veterinary nutrition, personal care, food nutrition, and others) across seven key regions.

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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The glucuronolactone market is predicted to be worth US$ 120 million in 2023, rising to US$ 256.2 million by 2033. Glucuronolactone sales are predicted to grow at a considerable CAGR of 8.0% during the forecast period.

The substance is utilised as a precursor in the synthesis of vitamin C, driving industrial expansion. Glucuronolactone is easily transformed and metabolised in the human body.

The Glucuronolactone Market is steadily expanding, owing to its diverse applications in the food and beverage, pharmaceutical, and cosmetic industries. A natural molecule produced in the body, glucuronolactone, is recognised for its energising and detoxifying qualities. The growing emphasis on health and well-being drives demand, contributing to market expansion.

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The market will be driven by increased demand for instant energy-releasing goods such as Monster, Rockstar, and Red Bull over the projected period. Continuing research and development, together with innovation, is likely to provide new market opportunities over the forecast period.

Key Takeaways from Market Study

• The market is segmented based on form, wherein powder segmented is anticipated to account for a significant share in the global market in 2022, but tablet & capsule is expected to witness a lucrative growth rate of 7.8% during the forecast period.
• The North American glucuronolactone market is anticipated to dominate the global market with a market share of around 34.8% in 2022, but East Asia is expected to witness a lucrative growth rate during the forecast period.
• On the basis of end-use, dietary supplements and energy drinks combinedly dominate the global market in 2022, but cosmetics are expected to witness a lucrative growth rate over the forecast period.

 “The manufacturers in the global market have obtained high-quality technical know-how, broad geographic reach with localized teams, additional service portfolios, and industry expertise. These assets have allowed the manufacturers to quickly grow into a truly global provider offering end-to-end capabilities and leveraging best-in-class solutions, with a brand for high-quality service delivery.” says a Future Market Insights analyst.

Competitive Landscape

Global players anticipate an increase in demand for gluconolactone, primarily from consumers of energy drinks and dietary supplements. Key players are expected to continue expanding their production capacities and improving capabilities by incorporating cutting-edge technologies. The gluconolactone market has grown significantly, owing to increased awareness about the role of gluconolactone in various metabolic activities and the health risks associated with gluconolactone deficiency.

Explore More Valuable Insights

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

The study offers compelling insights based on the form (powder, liquid, and tablet & capsule), and by end-use (dietary supplement, energy drinks, pharmaceuticals, cosmetics, functional food), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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:        

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Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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As per the latest market research conducted by FMI, the global sorbitan esters market is expected to record a CAGR of 5.6% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 986.40 million. By 2033, the valuation is anticipated to reach US$ 1,703.1 million.

Sorbitan esters are artificial sweeteners made by combining sorbitol with common fatty acids such as palmitic, stearic, lauric, and oleic acids. Sorbitan esters are used as emulsifying agents in the production of emulsions, creams, and ointments for use in cosmetic and pharmaceutical applications. They are available in a variety of forms, including paste, liquid, semi-solid, and solid.

The population’s apparent predilection for vegan items has increased demand for sorbitan esters gradually. While the cosmetics industry has a smaller market share than the food industry, it is expected to contribute significantly to market growth.

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The proliferation of bakeries emphasising the value of homemade and organic ways of preparation has spurred industry expansion. Aside from that, bread’s widespread popularity in many countries has aided commercial growth.

Competitive Background:

The key players operating in the sorbitan esters market are investing in mergers and acquisitions to gain a significant market share. The manufacturers are also investing in research and development and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the sorbitan esters market. As a result, market participants are likely to have a better overall revenue share in the global sorbitan esters market.

Key Takeaways:

• The sorbitan esters market is predicted to record a CAGR of 5.6% through 2033.

• The FMI predicts that the United States sorbitan esters market is expected to reach a valuation of US$ 346.67 million by 2033.
• The sorbitan esters market is expected to surpass US$ 1,703.1 million by 2033.
• The increasing research and development spending by major firms to create new products is likely to drive the growth of the market.
• The FMI predicts that the United Kingdom sorbitan esters market is expected to reach a valuation of US$ 65.52 million by 2033.
• The sorbitan tristearate segment is expected to hold a dominant share of 4.8% of the total sorbitan esters market by 2033.
• The sorbitan esters market is anticipated to reach a valuation of US$ 986.40 million in 2023.
• The sorbitan esters market recorded a CAGR of 4.2% from 2018 to 2022.
• The FMI predicts that the sorbitan esters market in China is expected to reach a valuation of US$ 146.64 million by 2033.
• The food grade segment is expected to record a CAGR of 5.3% CAGR in 2023

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Significant Players in the Market:

• Danisco
• Merck KGaA

• Oleon N.V.
• Ivanhoe industries, Inc.
• Vantage Specialty Chemicals, Inc.
• LEUNA-Tenside GmbH
• Union Derivan

• S.A., Sabo S.p.A.
• SEPPIC
• Ethox Chemicals, LLC
• Mosselman s.a.
• Lonza AG

• Penta Manufacturing Company
• Lasenor Emul, S.L

Sorbitan Esters Market by Category

By Product Type:

• Sorbitan Tristearate
• Sorbitan Monostearate
• Sorbitan Monooleate
• Sorbitan Trioleate
• Sorbitan Monopalmitate
• Sorbitan Monolaurate
• Sorbitan Sesquioleate

By Application:

• Cosmetics and Personal Care Products
  • Facial Care
  • Body Care
  • Others
• Food and Beverage Processing
  • Confectionery
  • Bakery
  • Oil and Fats
  • Non-alcoholic Beverages
  • Alcoholic Beverages
  • Soups, Sauces, and Gravies
• Pharmaceuticals
• lubricants and Waxes
• Animal Nutrition and Pet Food
• Industrial
• Textiles

By Form:

• Liquid
• Solid/Powder
• Semisolid/Paste

By Grade:

• Food Grade
• Industrial Grade
• Pharmaceutical Grade

By Region:

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

About Future Market Insights (FMI)

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