Growing Emphasis on Safe and Efficient Shipping to Drive the Global Dunnage Packaging Market to US$ 6.8 Billion by 2032

The supply of items and materials used to secure and safeguard cargo during transit is referred to as the dunnage packaging market. Air bags, foam products, and other cushioning materials are some examples of these materials.

The necessity for safe and secure products transportation is driving the market for dunnage packaging. The demand for efficient packing solutions to safeguard cargo during transit rises along with the expansion of global trade. Dunnage packaging is also used to lessen loss and damage to goods, which can help firms save a lot of money.

In addition to these classic market drivers, a number of other variables are also having an impact, such as the development of e-commerce and the rising acceptance of just-in-time delivery. The desire for more lightweight and compact dunnage packing solutions is being fueled by these trends, which are increasing the quantity of tiny package shipments.

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Environmental concerns are also having an impact on the industry as businesses try to utilise more environmentally friendly packaging materials and lessen their carbon footprint. Due to this, there is a rising need for dunnage packing materials that are recyclable and biodegradable.

Dunnage packaging sales can be broken down by geography, application, and material type. Paper, plastic, and other materials might be used to segment the market. The market can be divided into automotive, aerospace, marine, and other applications. The market can be divided into four geographic segments: North America, Europe, Asia Pacific, and the Rest of the World.

North America and Europe are expected to be the major markets for dunnage packaging, due to the presence of a large number of automotive and aerospace manufacturers in these regions. However, the Asia Pacific region is expected to be the fastest growing market, due to the increasing demand for dunnage packaging in the automotive and marine industries in countries such as China, India, and Japan.

Overall, the dunnage packaging market is expected to continue to grow in the coming years, driven by the increasing demand for safe and secure transportation of goods. As global trade continues to grow and e-commerce becomes more popular, businesses will continue to seek out effective packaging solutions to protect their cargo during transportation.

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Dunnage Packaging Market by Category

Key Players:

  • ORBIS Corporation ((Menasha Corporation)
  • Corplex (DS Smith)
  • NEFAB GROUP
  • Amatech, Inc
  • Reusable Transport Packaging
  • Dunnage Engineering
  • Salco Engineering and Manufacturing Co., Inc.
  • KEENER Corporation
  • Ckdpack
  • UFP Technologies, Inc.

By Material:

  • Plastic
  • Paper
  • Metal
  • Wood
  • Foams
  • Others (Fabric, Rubber)

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By Product:

  • Dunnage air bags
  • Inserts
  • Dividers
  • Packaging Peanuts
  • Others (Bubble Wraps, etc.)

By End Use Industry:

  • Automotive
  • Aerospace
  • Electronics
  • Food and Beverage
  • Consumer Goods
  • Healthcare
  • Logistics & Transportation
  • Others (Personal Care & Cosmetic, Homecare, etc.)

By Region:

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

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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Vanilla Bean Market Analyzed by Business Growth, Development Factors, Applications and Future Prospects 2022 to 2032

The global vanilla bean market is valued at US$ 1.2 Bn as of now and is expected to reach US$ 2.1 Bn by the year 2032 at a CAGR of 5.5% between 2022 and 2032.

Vanilla is broadly used in food & beverage vertical in the form of flavouring ingredient for preparing jams, jellies, and syrups. Vanilla is a good antibacterial agent; which renders it conducive to treat damaged skin and skin cleansing. Vanilla does absolve of depression and anxiety disorders.

It also needs to be noted that as production of vanilla is labor-intensive, the countries that have the lowest labor costs are preferred. FAO has confirmed that Madagascar does produce more than 3K tons of vanilla every single year. Uganda yielded 150 tons in the year 2018. Comoros’ rural region is also involved in the production of vanilla.

Future Market Insights has walked through these intriguing facts with future perspectives in its latest market study entitled ‘Vanilla Bean Market’. It’s line of expertise in the form of analysts and consultants have delved deep into the bottom-up approach.

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Key Takeaways from Vanilla Bean Market

  • Hawaiian vanilla could be recognized through presence of topical aroma with a tinge of caramel.
  • France-based vanilla bean makes way for a broad spectrum of certified Kosher, Halal, Organic, and Fairtrade products that match specifications needed at the commercial level; like vanilla powders’ fineness, solubility, and aromatic profiles. There are players like Eurovanille, which have been setting benchmark for more than 3 decades in vanilla bean market all over France. The productions, since the year 2014, have been certified by IFS (International Featured Standard) for ascertaining healthy and safe product.
  • Mexico is amongst the major cultivator of vanilla beans. This could be credited to symbiotic relationship that vanilla orchid and Melipona enjoy. It is a known fact that the Mexican bee mentioned above is the only one capable of pollinating vanilla orchid flower. Nielsen-Massey Vanillas, Inc. is making provisions for the product with Kosher and also holds the distinction of being free of gluten.
  • Madagascar vanilla beans are categorized as the ‘gold standard’ regarding quality. Also, they have vanillin in higher concentrations as compared to their counterparts.

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Competitive Beans

  • Tahitian Gold Co., Inc., in January 2020, announced to come up with 3-Bean Blend. It’s a whole vanilla bean paste that the company is offering.
  • Eurovanille, in the year 2019, did announce building 1K m2 experimental greenhouse at Gouy-Saint-Andre, so as to characterize 2K vanilla plants in sync with genome study as well as decryption, which would be the scientific publication project (the company claims). Also, the year 2022 is into witnessing plant selection.
  • Symrise AG does use bourbon vanilla beans for making pure vanilla extract. These beans are long and slender, which do have a good taste, inclusive of dried fruit, rum, and raisins.

“Vanilla bean is abreast with anti-carcinogenic and anti-oxidant properties, which renders it useful in cosmetics, food & beverage, and pharmaceutical vertical”, says an analyst from Future Market Insights.

What does the Report Cover?

  • The research study is based on nature (conventional and organic), by form (whole and extract), by origin type (Indonesian, Madagascar, Mexican, Ugandan, Tahitian, and likewise), by sales channel (B2B/HoReCa, and B2C (hypermarkets/supermarkets, convenience stores, mom and pop stores, discount stores, food & drink specialty stores, independent small groceries, online retail, and others), and by application (food and beverages industry (bakery, confectionery, cheese & dairy, desserts, baby food, breakfast solutions, powder premixes, alcoholic beverages, and non-alcoholic beverages), nutritional supplements, pharmaceuticals, cosmetics & personal care, animal feed, household items, and others).
  • With vanilla bean being looked upon as one of the signature ingredients in hordes of products all across, the global vanilla bean market is likely to grow on a voracious note in the near future.

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Frequently Asked Questions
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At what CAGR is the market expected to expand through 2032?
How was the performance of vanilla bean over the past half-decade?
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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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T: +1-845-579-5705
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Foaming Creamer Market is Expected to have a CAGR of 3.6% by 2033 | Future Market Insights Inc.

The foaming creamer market is predicted to be worth US$ 176.7 million in 2023 and rise to US$ 251.4 million by 2033. Initially, the global market expanded at a CAGR of 3.3% between 2017 and 2022.

Due to the rising demand for organic and healthy food products, several potentials exist for the foamy creamer powder market to flourish. In addition, customers are looking for food products with clear labeling due to rising health-related concerns. As a result, there is a steady increase in demand for foamy creamer.

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Manufacturers of foaming creamer make specific claims, have certifications, and use specific labeling to help consumers form a favorable perception of their products. Foaming Creamer is being used more frequently due to the expanding coffee market.

Global coffee consumption has increased in recent years. The forecast period is expected to show a slight increase in demand for coffee and additions such as foamy creamers, particularly in emerging nations.

Key Takeaways

  • By 2033, China is likely to dominate the foaming creamer market, with a size of US$ 19.5 million.
  • The foaming creamer market was significantly expanding, with a size of US$ 170.5 million in 2022.
  • There is a market opportunity of US$ 74.7 million in absolute terms, driven by the demand for vegan items.
  • The market in the United States is anticipated to expand at an adequate CAGR of 3.9% by 2033.
  • By 2033, Canada is likely to expand in the foaming creamer sector, with a size of US$ 16.3 million.
  • By 2033, the foaming creamer sector is likely to increase in Poland, with a size of US$ 8.3 million.
  • The market in the Netherlands is anticipated to expand at an adequate CAGR of 2.7% by 2033.
  • With a CAGR of 3.3% by 2033, the dairy foaming creamer category is predicted to dominate the market in terms of base.
  • Based on function, the instant segment continues to dominate the sector during the forecast period, with a CAGR of 4%.

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Key Strategies in the Industry

As the rate of technological improvements in the food equipment industry heats up, the market is seeing growth in new, more technologically advanced devices and equipment. As a result, businesses that make foaming creamer are largely focused on strategies that enable them to increase their market share.

Players in the foaming creamers production scenario market include FrieslandCompania Kievit, Super Group Ltd., Suzhou Jiahe Foods Industry, Santho Holland Food B.V., Custom Food Group, Viceroy Holland B.V., and Shandong Tianjiao Biotech. These companies also frequently engage in product launches, mergers and acquisitions, joint ventures, and geographic expansion.

Recent Developments

  • One of the top producers of beverages and food products in the world, Friesland Campina Kievit, created a new line of foaming creamers in 2017 that rapidly turned an Italian-style meal into a luxurious experience. Nowadays, consumers may prepare coffee-type drinks like a cappuccino whenever and wherever they desire.
  • The factory of Fujian Jumbo Grand Food Co. Ltd. has built three cutting-edge worldwide production lines to make premium non-dairy creamers.

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Key segments

By Base:

  • Dairy
  • Non-Dairy

By End Use:

  • Beverage Mixes
    • Coffee-based Mixes
    • Milk Tea Mixes
    • Cocoa-based Mixes
  • HoReCa/Foodservice
  • Dietary Supplements

By Function:

  • Instant
  • Cold Water Soluble

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • ASEAN
  • China
  • Middle East & Africa

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Hybrid Rice Seeds Market is Expected to have a CAGR of 7.7% by 2033 | Future Market Insights Inc.

The hybrid rice seeds market is predicted to be worth US$ 5.1 billion in 2023 and rise to US$ 10.8 billion by 2033. Initially, the global market was expanding at a CAGR of 7% between 2017 and 2022.

Many abiotic and biotic factors present a barrier to sustainable rice agriculture. As a result, stress tolerance has been included into high-yielding varieties, which has shown to be a very successful method for creating these varieties that can handle such circumstances. This is boosting the hybrid rice seeds market and reducing the losses brought on by stress-related issues.

The development of hybrid rice seeds that are resistant to microbial infestations and produce larger yields in a relatively short amount of time than inbred types is another focus for hybrid seed producers, which is expected to fuel expansion.

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Since rice is a staple food for around 60% of the world’s population, the demand for it is rising along with the worldwide population. In order to meet this rising demand and supply rice to various end users, rice yield per unit area has also increased.

To develop new hybrid rice seeds varieties and encourage farmers to use them, the government and numerous research institutions are working together.

Key Takeaways

  • By 2033, China is likely to dominate the hybrid rice seeds market, with a size of US$ 4.3 billion.
  • The hybrid rice seeds market was significantly expanding, with a size of US$ 4.8 billion in 2022.
  • There is a market opportunity of US$ 5.7 billion in absolute terms, which is driven by the change in consumption patterns.
  • The market in the United States is anticipated to expand at an adequate CAGR of 3.7% by 2033.
  • By 2033, Canada is likely to expand in the hybrid rice seeds market, with a size of US$ 75.6 million.
  • By 2033, the hybrid rice seeds sector is likely to increase in Japan, with a size of US$ 176.2 million.
  • The Indian market is anticipated to expand at an adequate CAGR of 8.8% by 2033.
  • Based on grain size, the long grains led the hybrid rice seeds market with a CAGR of 6.2% by 2033.
  • Based on duration, up to 110 days segment continues to dominate the sector during the forecast period, with a CAGR of 8.4%

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Key Strategies in the Industry

Due to the rising need for bigger yields and better-quality produce, hybrid rice seed technology has experienced substantial expansion in the last few years. In order to gain market share in the fiercely competitive market for hybrid rice seeds, businesses must offer better variety, affordable prices, and aggressive marketing.

To remain ahead of the competition, businesses are developing new types and technologies. To reach more clients, they are also concentrating on marketing and advertising initiatives. In order to expand their reach, businesses are also concentrating on enhancing their distribution networks and opening new stores.

Recent Developments

  • Ricetec Inc. purchased the assets of Ganga Kaveri Seeds in 2019 to expand its product line and draw in more clients.
  • As of May 2019, Syngenta has released the SYN98 3-line hybrid rice variety in Vietnam. The Syngenta Nam Dinh Research Center has been given approval by the Ministry of Agriculture and Rural Development to start trial production of this variety in December 2017.

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Key Segments

By Grain Size:

  • Long Grains
  • Medium-sized Grains
  • Short Grains

By Durability:

  • Up to 110 Days
  • 111 to 140 Days
  • 140+ Days

By Region:

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

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Combined Sales of Ginseng may Surpass US$ 1.1 billion by 2033 | Future Market Insights Inc.

According to Future Market Insights (FMI), the ginseng market is likely to grow and reach a value of US$ 749.80 million in 2023. Ginseng’s market value may increase by 4.3% between 2023 and 2033, reaching US$ 1.1 billion by 2033. Ginseng sales can make up 1-2% of the herbal supplements market.

During the forecast period, the market is expected to grow due to increased consumer acceptance of Asian and oriental flavors. In addition, Chinese herbal medicine is in high demand. Additionally, ginseng roots contain salicylic acid, phenolic acids maltol, p-coumaric acid, and vanillic acid, among other bioactive compounds. Due to their low water content, ginseng powder forms have an extended shelf life, which is another factor fuelling market expansion.

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Food industry transformation has been driven in part by increasing consumer health consciousness. Customers not only want healthy meals but are willing to pay high prices for non-GMO products.

In light of the growing number of food companies looking to increase nutrition in their products, the demand for ginseng is expected to increase. Therefore, it is safe to conclude that the trend is being driven by a growing health and wellness trend. Since these supplements are non-GMO and organic, their market demand is expected to remain high due to ginseng’s inclusion as a key component.

Key Takeaways from Market Study:

  • The ginseng market is expected to record a CAGR of 4.3% over the forecast period.
  • It is estimated that the ginseng market in Asia Pacific may remain strong during the forecast period.
  • Cultivated ginseng is estimated to account for a market share of more than 7%in 2023 and is anticipated to expand by 5.5% CAGR.
  • Pharmaceutical products are estimated to dominate the end-user segment with a market share of 2%in 2023.
  • The powder form of ginseng market holds a market value of US$ 382.78 million in 2023 and is projected to expand by 4.6% CAGR.

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Competitive Landscape:

To meet the growing demand of consumers, the top companies in the global market are offering products with various claims, such as Kosher, Non-GMO, GMP, Vegan, and more. In addition, ginseng-containing products are being launched on the global market at an increased rate. Companies are maintaining a competitive position in the market by pursuing inorganic growth strategies, such as partnerships, geographical expansion, and mergers & acquisitions.

Several prominent companies dominate this market, including Korean Ginseng Export Corporation, Organika Health Products Inc, Ilhwa Co. Ltd, Korean Ginseng Corp., RFI Ingredients, Inc, Koshiro Co Ltd, Daedong Korea Ginseng Co., Ltd., Ningbo Gianon Biotech Co., Ltd., Sino-Nature International Co., Ltd., Shanghai FanPharma Co., Ltd., Nature’s Way, and others.

Recent Developments:

  • With the launch of Revital NXT, a nutrition bar powered by natural ginseng, Sun Pharma expanded its nutrition bar segment in 2021.
  • In April 2019, CheongKwangJang (KGC), a famous Korean company, launched a new red ginseng brand. Keeping up with the growing interest among consumers in enhancing immunity levels and superfoods, it features Korean Red Ginseng Extract ‘Every time’ in a portable stick pouch. Moreover, the company announced the launch of every time Blossom, a cherry blossom-themed edition in two tins with 100 stick pouches.
  • A proprietary red ginseng product under the Ewha Company’s food brand Nature Foods was launched in February 2019. The company also plans to expand into China with the red ginseng product.

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Ginseng Market Segmentation by Category

By Source:

  • Wild
  • Cultivated

By Form:

  • Raw
  • Powder
  • Extract

By Variety:

  • Oriental Ginseng
  • American Ginseng
  • Siberian Ginseng
  • Others

By End-use:

  • Personal Care Products
  • Dietary Supplements
  • Food and Beverage Processing
  • Pharmaceutical Products

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Oat Drinks Market Rising Trends, Huge Demand, Business Strategies, High Growth Rate by 2033

The oat drinks market is predicted to be worth US$ 741.5 million in 2023 and rise to US$ 1.6 billion by 2033 at 7.8% CAGR. Initially, the global market was expanding at a CAGR of 6.2% between 2016 and 2022.

New, healthier options are one of the major market-moving reasons for oat drinks. For instance, some companies are now selling beverages made with oat milk fortified with extra vitamins and minerals.

Some producers also provide oat beverages without sugar or artificial sweeteners and instead use natural sweeteners like honey or agave. The market for oat beverages that are non-GMO or organically produced is expanding as well.

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The demand for oat cereal drinks has increased in the oat drinks industry. The popularity of oat milk, the appearance of oat-based smoothies, and the rising interest in plant-based beverages have contributed to this trend. Due to its creamy texture and nutty flavor, oat milk, in particular, has grown in popularity in recent years. Due to the rising desire for plant-based beverages, individuals are experimenting with oat cereal drinks as a substitute for dairy-based beverages.

Key Takeaways

  • By 2033, the United States is likely to dominate the oat drinks market, with a size of US$ 293.6 million.
  • The oat drinks market was significantly expanding, with a size of US$ 689.8 million in 2022.
  • There is a market opportunity of US$ 829.8 million in absolute terms, driven by the clean labels.
  • The expansion in China is anticipated to expand at an adequate CAGR of 9.3% by 2033.
  • By 2033, Australia is likely to expand in the oat drinks market, with a size of US$ 76.6 million.
  • By 2033, the oat drinks sector is likely to increase in Brazil, with a size of US$ 73.4 million.
  • The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 6.9% by 2033.
  • Based on product type, the regular full-fat segment led the market CAGR of 7.6% by 2033.
  • Based on flavor, the natural/unflavored continues to dominate the sector during the forecast period, with a CAGR of 7.1%

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Key Strategies in the Industry

Manufacturers like Oatly are looking for novel methods of milk extraction to establish distinctive selling points and set their products apart from the competition. The end product is more affordable because manufacturers’ direct purchases of premium raw materials from farmers favor market expansion.

Due to the growing set of startups and their increased need for convenience and health benefits, there is an increase in the demand for RTD tea and coffee in the startup market. The oat drinks industry consequently gains from this.

Lastly, the oat drinks sector has seen significant innovation spurred by the development of new technology. Businesses have created goods with better shelf life, enhanced carbonation, and innovative packaging technologies that enable greater customer convenience.

Recent Developments

●       Pure Harvest Farms collected US$ 180.5 million in June 2022 from international investors to support its growth.

●       Fazer Group purchased Kaslink in June 2019, expanding its lineup of oat-based products on a global scale.

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Key segments

By Flavour:

  • Natural/Unflavoured
  • Flavored

By Product Type:

  • Regular/Full Fat
  • Reduced Fat

By End Use Application:

  • Food Services
  • Retail Services

By Nature:

  • Organic
  • Conventional

By Format:

  • Shelf-stable
  • Refrigerated

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Oats Market 2022 Growth, COVID Impact, Trends Analysis Report 2032

The global oats market is estimated at USD 6.1 Bn in 2022 and is projected to reach USD 10.8 Bn by 2032, at a CAGR of 5.9% from 2022 to 2032.

Globally, the market is estimated to create an absolute $ opportunity of about USD 4.7 Bn by 2032. The property of oats is to provide a complete meal without the requirement of any additional ingredient which makes it the most popular grain among the others. This factor can be attributed for the escalating growth of the oats market across different regions, mainly APAC.

The incorporation of oats in the food industry is mainly due to the increasing market penetration of breakfast cereal products. The abundance of nutrients, particularly the dietary fiber content of oats, accompanied with the rising health consciousness of people, is one of the key factors driving the global oats market. Apart from being a very healthy option for meals, oats contribute equally well for maintaining hair and skin health. The increasing consumption of convenience food and on-the-go food products also exhibits a positive impact on the oats market.

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The growing economy is expected to exhibit a substantial growth over the retail chains across the globe. This, in turn, facilitates the demand for oats and oat products. Due to the preference of cereal products, retail chains are coming up with innovative types of oats and oat-based products accompanied by captivating advertisements, thus evoking a sense of authenticity to buy their products. Leading brands are continuously gaining traction by launching premium range of oat products, creating a long-term growth opportunity all over the globe.

Moreover, the growing fast-paced lifestyle of people has led to the increasing demand for portable and conveniently packed food products, thus elevating the demand for ready-to-eat oat products. These factors have led to an increasing penetration of established players by ensuring a highly competitive market scenario for oats and oat products, and fortifying the overall growth of the oats market over the forecast period.

Growing Demand for Food, Globally

With the increasing rate of world population and healthier economic conditions, there will be more mouths to feed and more plates to fill. The changing trend of food and beverage consumption is likely to impact the transition of oats and oat-based products for the middle class, which, in turn, is expected to increase the demand for oats in the preparation of cereal products. Also, per capita expenditure on food and beverages by the global population has witnessed a significant increase over the years. The key reason behind this is increasing health consciousness among consumers, as oats are among the most preferred alternatives, not only for breakfast but also for snacks, due to the better appetite fullness promotion behavior of oats. This increasing per capita expenditure is also expected to support the growth of the oats market.

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Key Segments Covered

Global Oats Market – By Product Type

  • Oat Groats
  • Whole Oats
  • Steel Cut Oats
  • Rolled Oats
  • Oats flour

Global Oats Market – By End Use

  • Breakfast Cereals
  • Bakery Products
  • Snacks & Savories
  • Others

Global Oats Market – By Distribution

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Retail
  • Others

Global Oats Market – By Region

  • North America
  • Mexico
  • Latin America
  • Germany
  • U.K.
  • Western Europe
  • Eastern Europe
  • Australia & New Zealand
  • APAC
  • MEA

Increasing Urbanization Across the Globe

Owing to employment prospects, the migration of working population to tier-1 cities is expected to witness a significant increase over the forecast period, causing a major rise in the urbanization trend across the globe. Moreover, the contribution of growing economies is also expected to bolster the demand for oats over the forecast period. This increasing urbanization supported by the rising economy is expected to contribute significantly towards driving the oats market.

Key Producers of Oats

Some of the major companies operating in the oats market space are Nestlé S.A., Quaker Oats Company, The Kellogg Company, General Mills, Inc., Pioneer Foods Ltd., The Hain Celestial Group, Inc., Marico Limited, B&G Foods, Inc., Post Holdings, Inc., Grain Millers, Inc., Bob’s Red Mill Natural Foods, Inc., Richardson International Limited, Bagrry’s India Ltd, Nature’s Path Foods, NOW Health Group, Inc., Helsinki Mills Ltd., Morning Foods Limited, Avena Foods Limited, Blue Lake Milling Pty Ltd. (CHB Group), and Unigrain Pty Ltd, among other oat manufacturers.

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Frequently Asked Questions

  • How much is the current worth of the oats market?
  • At what CAGR is the oats market expected to grow?
  • How was the performance in the last few years?
  • How are market players reacting to the new developments in the market?
  • How much share does the top 10 companies hold?
  • Which are the major countries driving demand for oats?
  • At what level does the report reflect pricing analysis?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Dehydrated Vegetables Market Size and Share, Segmentation, Growth Opportunities, Regional Analysis by 2031

The rising adoption of ready-to-eat food products with longer shelf life is increasing the space allotted to dehydrated vegetables across retail shelves. The advent of drying technologies has made it possible to manufacture dehydrated vegetables in less time while retaining the original nutrient value in vegetables. This has been fueling the demand in the dehydrated vegetables market.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for dehydrated vegetables Market. The report tracks the global sales of dehydrated vegetables market in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the dehydrated vegetables industry in general, and dehydrated vegetables in particular.

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What is the Future Outlook for Dehydrated Vegetables Market in Comparison to Historical Pattern?

In past few years companies are motivated to produce dehydrated vegetables which have certain accreditations, claims, and labeling. The right product labeling goes a long way in cementing brand trust in the minds of consumers and the global clean label movement is one-way in which food and beverages (F&B) manufacturers can build this trust. Regulations across certain countries mandate clean label packaging with clear information on ingredients, sourcing, and processing methods to create more transparency across the food chain. Hence companies are focusing on building positive image about their products in the market.

  • For instance, All Van Drunen Farms’ facilities are certified Kosher by the Orthodox Union, Organic approved by Quality Assurance International, HACCP compliant, GMP, FDA, and USDA compliant, and BRC Inspected as per GFSI
  • Rosun Dehydration Pvt Ltd, a subsidiary of Rosun Groups, various certifications under its belt, i.e. HACCP, Kosher, USDA, Pro-Cert.

According to FMI, dehydrated vegetables market have grown at 4.8 % CAGR between 2016 and 2020.

The surplus demand for healthy food products among the consumers has been creating lucrative growth opportunities. In order to cater to the increasing demand for natural and healthy food ingredients, food manufacturers are emphasizing to include dehydrated vegetables in their product line.

Dehydrated vegetables retain 100% of the nutrition content of fresh vegetables while it only takes half of the space, which offers manufacturers with better convenience to transport food items from one place to another. Apart from convenience in transportation, dehydrated vegetables are rich in nutrients and dietary fiber content which have been helping the market gain traction.

FMI has forecast the market to exhibit 8.3% CAGR between 2021 and 2031 steered by increasing launches within the category.

What is the Scope for Dehydrated Vegetables in Processed Food Industry?

The challenging work environment in urban centers results in amplified work time, making it more difficult for customers to spend time at home for cooking food. Hectic lifestyle is compelling consumers to opt for packaged and ready-to-eat meals. Dehydrated vegetables help customers enjoy tasty foods that consume less time to prepare. Meanwhile dehydrated vegetables are available in a wide range of varieties, which has been presenting increasing choices to consumers.

Consumers are seeking out reasonably priced, convenient and tasty food products that will suit their fast-paced lifestyle, thus providing abundant growth opportunities for dehydrated vegetable products manufacturers.

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Market Segmentation

Product Type

  • Carrot
  • Onions
  • Potatoes
  • Broccoli
  • Beans
  • Peas
  • Cabbage
  • Mushrooms
  • Tomatoes

Form

  • Minced & Chopped
  • Powder & Granules
  • Flakes
  • Slice & Cubes
  • Others

Nature

  • Organic
  • Conventional

End Use

  • Food Manufacturers
    • Snacks & Savory Products
    • Infant Foods
    • Soups
    • Salads, Dressings & Sauces
    • Others
  • Food Service
  • Retail

Drying Method

  • Air Drying
  • Spray Drying
  • Freeze Drying
  • Drum Drying
  • Vacuum Drying
  • Others

Distribution Channel

  • Direct
  • Indirect
    • Store Based Retailing
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Traditional Grocery Retailers
    • Food & Drink Specialty Stores
    • Online Retail

Region

  • North America
  • Latin America
  • Europe
  • MEA
  • East Asia
  • South Asia
  • Oceania
  • India
  • China
  • Singapore

Some of the leading companies operating in dehydrated vegetables market are:

  • Fresno Cooperative Raisin Growers Inc.,
  • Olam International,
  • Dole Food Company,
  • Naturex S.A.,
  • Symrise AG,
  • Mercer Foods, LLC.
  • Chengde Shenli Food Co., Ltd.,
  • Vkc Nuts Private Limited,
  • Viva Bella Orchards Inc.
  • Kiantama,
  • Sun-Maid Growers Of California,
  • Sunshine Raisin Corporation,
  • Traina Dried Vegetable Inc.,
  • Lion Raisins Inc.,
  • Jab Dried Fruit Products (Pty) Ltd
  • Bergin Fruit Company Inc.
  • Traina Dried Fruit Inc.,
  • Greek Dried Fruits S.A.,
  • Montagu Dried Fruit And Nuts (Pty) Ltd,
  • Sun Valley Raisins Inc. A California Corporation,
  • Raisin Champion International,
  • Geobres Nemean Currants and Sultana Raisins S.A.,
  • Ningxia Yuxiang Bio Food Engineering Co., Ltd.,
  • Montagu Dried Vegetable And Nuts (Pty) Ltd,
  • Chengde Shenli Food Co., Ltd.

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Key Questions Answered in the Report

Q1. Which is most lucrative market for dehydrated vegetables?

Q2. Which type of dehydrated vegetables used widely?

Q3. Which Drying Method is Widely Preferred for Dehydrated Vegetables?

Q4. Which are some of the leading companies offering dehydrated vegetables Market?

Q5. Which Industry Exhibits Highest Demand for Dehydrated Vegetables?

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Tortilla Market | Potential growth, attractive valuation make it is a long-term investment by 2032

Newly released data from Tortilla Market analysis by Future Market Insights shows that global consumption of Tortilla enjoyed a year-on-year (YoY) growth of 3.4% in 2022 to total sales of USD 26,394.9 Mn. 

The consumption of tortillas has increased rather significantly over the past decade. According to an analysis by Future Market Insights, the global Tortilla market is projected to be valued at US$ 37,018 Million by 2032 end, expanding at a CAGR of 3.4% during the forecast period 2022-2032. Despite an extremely slow moving annual growth rate, increased tortilla consumption is predicted in the coming years—mostly supported by population growth, especially among Hispanics, as well as a continuation in the trend of consumer tortilla consumption preferences.

Tortillas have successfully positioned itself in the Latin American market. With a revenue share of +48% in 2021, Latin America clearly dominated the global tortilla market, in terms of value sales, substantially driven by the rapidly growing Hispanic population in the United States. In countries like Mexico, more than 94% of the tortillas are processed or produced using corn as its main source.

Flour tortillas have a fairly high value share in the global tortillas market, compared to other variants such as tortilla chips, taco shells, tostadas, and corn tortillas. However, tortilla chips are expected to witness significant consumption in the coming years.

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Research also suggests that, due to increasing demand for Mexican cuisine such as such as tortillas, nachos, enchiladas, tacos, and tamales, especially in North America and Latin America, tortillas, in the on-the-go snacks format, have been gaining traction. Busy lifestyles, deteriorating health conditions, and increasingly urban working population are some factors contributing to the consumption increase of tortillas, as per convenience.

Moreover, an in-depth consumer sentiment analysis also indicates that more than 40% consumers buy tortilla products on a weekly basis and +50% consumers buy from modern trade stores like hypermarkets and supermarkets, owing to easy availability of the product at reasonable prices. Tortilla flour-based products, being one of the main Mexican foods, is gaining traction among its target customers throughout the foodservice industry.

Traditional Tortillas in New Convenient, Flavored Formats to Push Global Adoption

The global tortilla market has witnessed a surge a surge in the launch of new products containing innovative flavors over the last couple of years. Moreover, organic or gluten-free new products are being increasingly adopted in Americas, primarily attributable to the rising demand for the product, with added health benefits. The launch of these new flavored products is expected to have a positive impact on the market, thereby fueling the growth of global tortilla market during the forecast period.

Moreover, significant growth in organized retailing in the form of hypermarket and specialty markets, which are more likely to make savory snacks popular among the consumers, will significantly drive the adoption of tortillas in the coming years.

Key Food Manufacturers Adding New Features to Tortillas to Expand Consumer Base

In new food formulations, key food manufacturers including Cargill and AB Mauri are leveraging the significant growth in the consumption of tortillas and have come up with new features added to tortillas. Cargill has developed a number of whole grain, low-fat tortilla prototypes in an effort to capture a slice of the growing U.S. market for healthy bread alternatives.

With their new patent technology, AB Mauri has developed reduced-fat tortillas, paving way for manufacturers to attract growing base of health conscious consumers. The company’s new patented technology enables manufacturers to develop reduced fat, reduced sodium, wheat-based tortillas. Already widely adopted in American market, AB Mauri has been strategizing on implementing the same patented technology in the European markets as well.

Moreover, FDA approvals for folic acid fortification of corn masa flour, allowing manufacturers to add up to 0.7 milligram of folic acid per pound of corn masa flour, has opened up new opportunities for manufactures to explore new food formulations. Key food manufacturer Bunge, offers corn masa flours and a wide variety of shortenings to help create products that meets all consumer demands.

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Market Segments Covered in Tortilla Industry Analysis

Product Type :

  • Tostadas
  • Taco Shells
  • Corn Tortilla
  • Flour Tortilla
  • Tortilla Chips

Source :

  • Corn
  • Wheat

Processing Type :

  • Fresh
  • Frozen

Distribution Channel :

  • Online
  • Offline
  • Supermarkets
  • Convenience Stores
  • Others

Region :

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

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Key Questions Answered in the Report

  • How much is the Tortilla market current worth?

Currently Tortilla market is worth more than US$ 26,394.9 Mn (2021).

  • At what CAGR is the market expected to grow?

Tortilla consumption is expected to grow at a CAGR of around 3.4% during the period 2021-2031.

  • How was the performance in the last five years?

In terms of revenue, Tortilla grew at a CAGR of around 2.3% during 2016-2020.

  • What are the key trends boosting Tortilla sales?

The growing awareness of health consciousness among customers in the global market has propelled the industry’s expansion in the worldwide market. The utilisation of tortillas in the wrappers is another element driving this market’s global expansion.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Energy Gel Products Market Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2032

The Energy Gel Products Market will be worth approximately USD 637 million in 2022. The market has been growing at a CAGR of 8% between 2022 and 2032, reaching a value of USD 1,349.9 billion.

A new research publication titled “Energy Gel Products Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2022-2032)” by Future Market Insights focusses on various market acumen on developments, trends, key players, growth drivers and forecasts across important regions. A detailed market segmentation is carried out which explores every angle of the energy gel products market.

Awareness based marketing, increased retail shelf visibility, improvement of energy gels, growing demand for combination flavours, rising preference of gels over energy drinks and clean label products are few of the trends observed in the global energy gel market.

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The growth of the global energy gel market has been impacted by various factors which drive the growth, to name a few, the increasing health awareness which has spurred the consumption of energy drinks and energy gels, rising demand for flavoured energy gels, enhanced overall supply chain, rising demand for beverages, rise in domestic population coupled with high consumer preference for energy gel products, improved retailing, rising expenditure on research and development supported by government initiatives, high demand for premium products, and healthy eating habits with rising per capita income have impacted the global energy gel market in a positive way.

However, certain aspects such as high working population which decreases the scope of consumption of energy gel, high competition, fluctuation in input costs, high production costs and improper sync between demand and supply have a restraining effect on the growth of the global energy gel market.

Global Energy Gel Products Market: Forecast

The global energy gel market is anticipated to grow at a robust rate during the assessment period. The global market is expected to grow at a value CAGR of 7.8% to reach a market evaluation of about US$ 1 Bn in 2027 from an evaluation of US$ 477 Mn in 2017. This market has seen a significant growth path since 2012.

Global Energy Gel Products Market: Key Segmental Highlights          

The global energy gel market is segmented by flavour type (Fruit, Vanilla, Chocolate and others), by distribution channel (supermarket/hypermarket, specialty store, online store, others) and by region (North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa). The fruit flavour type segment has been further sub segmented into orange, strawberry, raspberry and lemon.

  • By distribution channel, the specialty stores segment is expected to dominate the global market in terms of high market share. It is expected to grow at a robust growth rate to reflect a value of about US$ 368 Mn by 2027.
  • The supermarket/hypermarket segment by distribution channel is expected to grow at the highest growth rate during the forecast period to reflect a high CAGR of 8.7%. This segment stands second to the specialty store segment from market value standpoint and reflects high potential in the coming years
  • By flavour type, the fruit segment is anticipated to lead the market with a good CAGR. The chocolate segment is poised to reflect highest CAGR of 8.7% during the period of assessment.
  • North America region is expected to be the fastest growing regions followed by Western Europe, Latin America and Asia Pacific excluding Japan (APEJ). North America is poised to reflect a high CAGR of 8.5% by value during the period of assessment.

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Global Energy Gel Products Market: Competitive Landscape

The global energy gel market research report has included analyses on key players in the market. The companies such as Advanced Food Concepts, Inc.,Nutrition Works Ltd.,Boom Nutrition Inc.,Clif Bar & Company,EN-R-G Foods, LLC, Gatorade Company, Inc.,Hammer Nutrition Ltd.,Powerbar Inc.,Zipvit Ltd., and Scientific Sports Nutrition (Pty) Ltd., are profiled in this research study.

Energy Gel Products Market by Category-

By Flavour Type, Energy Gel Products Market is Segmented as:

  • Fruit
    • Orange
    • Strawberry
    • Raspberry
    • Lemon
  • Vanilla
  • Chocolate
  • Others

By Distribution Channel , Energy Gel Products Market is Segmented as :

  • Supermarket/hypermarket
  • Specialty Store
  • Online Store
  • Others

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Frequently Asked Questions
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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports