Drinkable Yogurt Market Recent Trends, Upcoming Challenges and Regional Growth Forecast by 2032

The global drinkable yogurt market is expected to reach a valuation of USD 50 Bn by the end of 2022, accelerating with a CAGR of 6.5% by 2022-2032, to reach a value of USD 94 Bn by 2032.

Yogurt is a dairy product that is formed by the fermentation of milk using bacteria known as Streptococcus thermophilus. Probiotics have represented itself as revolutionary trends in the food and beverage industry. Probiotics are a type of healthy bacteria that benefits the gut system. Probiotics products help in regulating the digestive system and decrease gas, diarrhea, constipation, bloating and several other health problems. Drinkable Yogurt is also high in probiotics.

Drinkable yogurt is a probiotics product so, this has great importance in gut health maintenance, and increasing the metabolism. Drinkable yogurt is a kind of processed spoonable yogurt, with added high and balanced nutrient value such as yogurt is a good source of protein, calcium, potassium, phosphorus, iodine, zinc, pantothenic acid-vitamin B5, vitamin B12, riboflavin-vitamin B2, and molybdenum as compare to spoonable yogurt. Nowadays, there is a trend of using drinkable yogurt at high priority as breakfast and meal in a developed country like the U.S.A in comparison to developing countries like India, China, Japan, etc.

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The Increase in Awareness Drives the Demand for Drinkable Yogurt Market

The increased frequency of overweight and obese people is anticipated to serve drinkable yogurt as one of the major drivers. Drinkable yogurt has been characterized under the Calcium and phosphorus enriched product help in bone strengthening, proteins and vitamins have a specific role in our body and molybdenum acts as toxicity removal from the body. Health awareness and diet consciousness among the people have driven the demand of the drinkable yogurt market.

The increase in awareness about health has brought a change in the perception of the consumers. According to the Agricultural Marketing Resource Center (AgMRC), yogurt production in 2017 totaled 4.5 billion pounds at 170 processing plants. The recognition of probiotics as health benefits has encouraged the higher consumption of yogurt and the incorporation of yogurt into many more food products. The consumers are trying to include drinkable yogurt in their diet to maintain a healthy lifestyle. The changing food consumption habits, busy lifestyle, increase in disposable income, increase in urbanization, an increase in health awareness among the people and diet following strategies are estimated to have a positive impact on the Drinkable Yogurt market. So, these above-mentioned factors are understood as the drivers of the drinkable yogurt market.

Drinkable Yogurt Market: Regional Analysis

The remarkable growth of the drinkable yogurt market in developed countries of North America has proven the leading revenue generating asset in the arena of food and beverage industries.  Growing healthcare awareness and diet consciousness program by the local government body in developing region like Asia-Pacific and African region has a great impact on healthy lives. So, it will bring the opportunity for a drinkable yogurt market on a large scale in such regions. Considering the Asian Pacific as a densely populated region and responsive public demand will also be one of the reasons for the increasing production as well as the consumption of drinkable yogurt market. The nutritional diet consciousness anticipates the growth of the drinkable yogurt market in the Asian-pacific region.

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Drinkable Yogurt Market: Key Participants

  • Ultima Foods Inc,
  • Chobani Inc.,
  • NESTLÉ SA,
  • General Mills,
  • Danone Groupe SA,
  • Kraft Foods Group Inc,
  • Sodiaal S.A,
  • Yakult Honsha Co. Ltd,
  • Cocoberry Restaurants and Distributors Private Limited,
  • Red Mango, LLC,
  • Parag Milk Foods Limited processes,
  • Kiwikiss, LLC,
  • Gujarat Cooperative Milk Marketing Federation Ltd,
  • Danone SA,
  • Britannia Industries Ltd,
  • Mother Dairy Fruit & Vegetable Pvt Ltd. (Mother Dairy Foods Processing Limited),
  • DANA Dairy Group LTD

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Drinkable Yogurt Market by Category

By Category, Drinkable Yogurt Drinks Market is Segmented as:

  • Dairy-based yogurt
  • Non-dairy based yogurt

By Type, Drinkable Yogurt Drinks Market is Segmented as:

  • Plain Yogurt
  • Drinkable Yogurt

By Sales Channel, Drinkable Yogurt Market is Segmented as:

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

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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Cheese Alternative Market Growth Factors, Business Overview, Demand and Forecast by 2032

The cheese alternative market share is expected to grow at a CAGR of 8.3% and reach a valuation of US$ 9.6 Bn by 2032. The cheese alternative market outlook is projected to grow as consumers are on the lookout for healthy alternatives to dairy products due to the rise in cases of obesity & hypertension and adopting a healthy lifestyle to stay fit and improve their quality of life.

Therefore, the demand for cheese alternative products is likely to increase in the marketplace by end-users.

Consumers are purchasing products made from natural ingredients that do not contain animal-derived products. These factors are expected to positively influence the sales of cheese alternative products during the forecast period.

Many companies in the cheese alternative market are investing in developing products with a high nutritional profile but maintaining the conventional taste and texture of products. Cheese is an essential ingredient in different food products consumers ingest throughout the day.

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It is harmful to consume cheese in higher amounts as it contains fats. As a result, consumers are searching for substitutes with better national value and low fats. Therefore, the demand for cheese alternative products is expected to rise in the near future.

Demand for cheese alternative products is likely to be high in North America and Europe due to the easy availability of cheese alternatives at affordable prices.

Consumers are aware of the benefits of maintaining good health and are preventing food products that adversely affect their health which is likely to boost the cheese alternative market growth in the forecast period.

To utilize the shift in consumer preference, key players are launching different plant-based substitutes of cheese that are GMO-certified and gluten-free. Furthermore, due to these factors, the sales of cheese alternative products are anticipated to rise throughout the forecast period.

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Key Takeaways from Market Study

  • The cheese alternative market statistics are expected to increase at a CAGR of 6.7% and 6.4% in North America and Latin America, respectively, through 2032.
  • The Asia Pacific is expected to account for 20% of its market share during the assessment year.
  • The European cheese alternative market share is expected to reach the US$ 84 Mn by 2032.
  • Growing customer preference for healthy and wholesome diets is driving sales of cheese alternative products globally.
  • By Form Type, the cheese dips hold the highest cheese alternative market trends and are expected to increase at a CAGR of 7% during 2022-2032.

“Consumers are emphasizing on maintaining good health by consuming products that do not contain high amounts of fats, sugar and carbohydrates. Companies that interpret change in consumer need for healthy food alternatives are expected to generate more revenue in long run. Key players are focusing on developing plant- based alternatives that do not contain any chemical ingredients”- Analyst at Future Market Insights.

Competitive Landscape

Key players in the cheese alternative market are collaborating and developing new product lines to penetrate untapped markets during the forecast period.

  • Tofurky, the iconic vegan brand, is likely to expand its Moocho sub-line with additional vegan cheese products. Three types of vegan cheese shreds (Mozzarella, Cheddar, and Fiesta Blend) and three flavors of cream cheese are among the new goods (Plain, Garden Vegetable, and Strawberry).

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Explore More Valuable Insights

The Future Market Insights report, it offers an impartial analysis of the global cheese alternative market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Cheese Alternative Market by Category

By Source, Cheese Alternative Market is Segmented as:

  • Analogue Cheese
  • Filled Cheese
  • Tofu-Based Cheese

By Application, Cheese Alternative Market is Segmented as:

  • Cheese Topping
  • Cheese Dip
  • Cheese Sauce
  • Ready Meals
  • Bakery
  • Others

By Sales Channel, Cheese Alternative Market is Segmented as:

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

By Region, Cheese Alternative Market is Segmented as:

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

Key Questions Answered in the Report

  • How big is the Global Cheese Alternative Market?
  • What is the Growth Outlook for the Market Globally?
  • What is the Historical Growth Rate of Cheese Alternative Market?
  • What are the Key Trends Shaping the Cheese Alternative Demand Market?
  • What is the Growth Outlook for Cheese Alternative Market in North America?

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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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Plant Based Food Colors Market Analysis Report on Competition Dashboard with Future Impact by 2032

The market for plant-based food colors is anticipated to grow from US$ 9.42 billion in 2022 to US$ 15.80 billion in 2032, growing at a CAGR of 5.3% over the forecast period.

Plant Based Food Colors Market is made using plant-based materials using natural ingredients such as beetroot, carrot, and kale. Producers are incorporating plant-based colors in their food products as consumers are focusing on including natural and organic food products to maintain overall health. Manufacturers in the plant based food colors market are constantly focusing on new plant sources to produce vibrant colors and meet the growing demand for new color shades in the food and beverages industry.

Manufacturers are using various plant based materials to produce food colors that are visually appealing. In recent years, shades of purple in food products have gained immense popularity. This is accelerating the use of sweet potatoes, purple carrots, and yams as the source for shades of purple in various food products. Meanwhile, with increasing number of consumers shifting to a vegan and vegetarian diet, the use of plant based food colors has increased in food processing industry.

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Plant Based Food Colors Market- Notable Highlights

Some of the leading players in the plant based food colors market are  Archer Daniels Midland Company, D.D. Williamson & Co. Inc., Sensient Technology Corporation, Doehler Group, Chr. Hansen A/S, FMC Corporation, NATUREX Group, and Kalsec Inc. Notable developments in competitive landscape of plant based food colors market include,

  • Naturex has developed spirulina-based food color to meet the demand for natural green and blue shades in bakery and confectionery industry. Spirulina is a blue-green alga, grown in aquatic farms, known for vibrant color, high nutrient and anti-oxidant
  • ColorKitchen has expanded into food coloring consultation with rise in number of food producers and chefs seeking to incorporate plant-based colors in their products.
  • Perennial has launched a plant-based, ready-to-drink beverage targeting older consumers. The product is free from artificial colors, sweeteners, gluten, with no cholesterol and lactose.

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Plant Based Food Colors Market Dynamics

Rising Demand for Clean Label Products Driving Plant Based Food Colors Market Growth

Growing demand for clean label products from customers is one of the significant reasons for the growth of plant based food colors. Owing to the evolving dietary pattern and focus of consumer towards healthy lifestyle is enforcing manufacturers to use plant-based food color instead of synthetic food colors.

Processed food and beverage producers are focusing on using natural, plant-based and non-GMO color products as consumers consistently look for ways to eat and drink healthier. Many companies in the food industry are also launching new food products with plant-based food colors with consumers purchasing snacks made using plant based colors. Moreover, growing popularity of colorful food among millennials, food producers are looking for competitive edge by using new plant based color shades in their products.

Sweet Potato Gaining Popularity in Plant Based Food Color Market

Sweet potato varieties range in color from red, brown, purple, orange, yellow, and white, thus gaining popularity in the plant based food color market. A new variety of sweet potato has emerged as an alternative to carmine and other artificial and synthetic colors while offering natural and vibrant red color for various food products.

Hansen sweet potato™ has been developed using traditional method. With selective breeding for over 10 years, Hansen sweet potato, a highly pigmented vegetable offering bright red color similar to the color provided by carmine. Another variety, Okinawan sweet potato also known as purple sweet potato with presence of high anthocyanin content is finding wide application in food products as plant based food colors.

Production and Shelf-life of Plant Based Food Color to Remain Longstanding Challenge

Production and shelf-life are the two biggest challenges in plant based food colors market. One of the primary reasons for synthetic and artificial food colors is the low cost of production as compared to natural and plant based food colors. Moreover, artificial food colors can be produced on a large scale as there is no need for harvesting and processing, unlike plant based food colors.

Moreover, artificial food colors have long shelf-life as compared to the plant based food colors. Although plant based food colors may work well with certain perishable food items, artificial food colors have proved to work best for packaged food products and last long. Other factor hampering the growth of plant based food colors is the limitation in terms of the options available and reaction or change occurring when mixed with various food products. Moreover, deriving from natural and plant sources, plant based food colors are more expensive than synthetic colors.

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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

Plant Based Food Colors Market Segmentation

Based on the product, plant based food colors market is segmented into

  • Carotenoid
  • Anthocyanin
  • Chlorophyll
  • Paprika Extract
  • Spirulina Extract

Based on application, the plant based food colors market is segmented into

  • Confectionary and Bakery Products
  • Beverages
  • Packaged Food/Frozen Products
  • Dairy Food Products
  • Others

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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Fibert Market Overview on Updated Insights and Key Player Analysis with Risk Analysis by 2032

The fiber market is expected to register a CAGR of 12% over the forecast period, with a valuation of US$7.9 billion in 2022 and an estimated valuation of US$24.5 billion by 2032.

The global fibert market is majorly driven by the increasing demand by the food and beverage industry. Fibert is used in various food and beverage products including, bakery, confectionery, ice cream, spreads, desserts, and alcoholic and non-alcoholic beverages.

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Flourishing Food and Processing Food Industry is increasing the Demand of the Fiberts in the Global Market 

The consumption of fibert in the world is dominated by the Western countries, especially European countries since fiberts are staple in the confections and baked goods in these countries. The consumption of these products is rising in developing nations such as Asian and Middle Eastern countries by the adoption of food culture from European countries.

The shift in the eating habits and the adoption of Western food culture is supported by the increasing disposable income of the consumers in the developing nations. Owing to this the demand for the fiberts in the global market is increasing.

Fiberts are a good source of dietary fibers and polyphenols that have various health benefits, such as weight management, reducing risk of heart disease, lowering cholesterol levels, and controlling blood sugar level. These health benefits also contribute to the increasing popularity and demand of the fiberts in the global market.

Also, fiberts are used in functional foods. Since the health consciousness around the world is increasing due to the increasing prevalence of the diseases, functional food is in high demand. High demand for functional food in the world is driving the global fiberts market.

Fiberts are also used significantly in cosmetics and personal care products. They are used in these products as skin-conditioning agents and also for the formulation of skin care products. The use of cosmetics and personal care products in the developing nations are surging at a rapid pace, due to the entering and penetration of international cosmetics brand.

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Fiberts Market: Regional Analysis 

The production of fibert is majorly occurring in countries such as Turkey, Georgia, Spain, and Italy. However, the global fibert market is occupied by the European and North American countries, at present, owing to the developed and well-established food industry.

The fiberts market participants have increased opportunity in the Asia Pacific and the Middle East and African region. Increasing middle-class population, their income, and an increase in the GDP of the countries in these regions are resulting in the increasing purchasing power of the consumer that in turn, increasing the demand for the fiberts in the global market.

Fiberts Market: Key Participants 

Some of the market participants in the fiberts market are:

  • Barry Callebaut AG
  • Arslantürk
  • Oregon Orchard
  • Royal Nut Company
  • Weaver Nut
  • Kanegrade Limited
  • Oregon Hazelnut
  • Karimex
  • Geonuts Limited
  • Durak Findik
  • Ferrero International S.A.
  • Olam International

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

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The report covers exhaustive analysis on 

  • Fiberts Market Segments
  • Fiberts Market Dynamics
  • Fiberts Market Size
  • Fiberts Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Fiberts Market
  • Competition Landscape and Emerging Market Participants in Fiberts Market
  • Technology related to Production/Processing of Fiberts
  • Value Chain Analysis of the Fiberts Market

Regional analysis includes 

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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

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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Whole-Wheat Flour Market is Set for Growth by 2032 | Demand and Opportunities Analysis

The whole wheat flour market is expected to grab a stronghold in the global market at a promising CAGR of 6.7% during the forecast period. The global market holds a projected revenue of US$ 72.71 Bn in 2022, and this value is likely to cross US$ 130.34 Bn by the end of 2032.

Whole wheat flour is refined from whole wheat kernels into small, vitamin-and-mineral-loaded fuel, and fiber-rich for incorporation into healthier foods. Whole-wheat flour is a basic food ingredient, and it includes endosperm, the bran, and wheat grain germ which provides it a little darker colour thus making it more wholesome. Incorporation of whole-wheat flour in the baking of bread and other baked goods is increasing prominently owing to the growing demand for healthy foods and rising number of health-conscious consumers.

Healthful living is recognized as one of the megatrends, with whole-wheat flour being titled out as an example of this on-going trend in action, and customers’ favorite for naturally functional foods.
However, the factors that could take down the growth of the whole-wheat flour market includes, harder accessibility, costlier, and decreased shelf life.

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Millennials Impelling Growth for the Whole-Wheat Flour Market

As whole-wheat flour gives a more pleasant flavor and a chew with great character, it is gaining significant prominence among those going for healthier foods.
Millennials are leading the charge for whole grain baked good, which in turn is providing a significant boost to the whole-wheat flour market.
In an interview for Food Business News, it was discovered that half of the consumers are interested in whole-wheat flour and one in every four shoppers is going for whole-wheat flour.
Also, according to the data issued by the National Agricultural Statistics Service of the U.S. Department of Agriculture, the whole-wheat flour production accounted for just over 5% of United States flour production in 2017.
Also, it has been observed that the whole-wheat flour products that are shipped from distributors to foodservice operators, increased by more than 15% in 2017.

Whole-Wheat Flour Market: Key Developments

  • In July 2018, Ardent Mills announced its plans to collaborate with Arcadia Biosciences Inc., an agricultural food ingredient company, on wheat innovation. The project aims to improve the overall flavor of whole-wheat flour and extend the shelf life.
  • In March 2016, The King Arthur Flour Company introduced an identity preserved 100% whole grain whole-wheat flour.

Whole-Wheat Flour Market: Regional Analysis

  • Whole-wheat flour is growing at an astonishing rate – proving in the market after market that customers worldwide are beginning to understand the importance of enjoying more whole-wheat flour.
  • Whole-wheat flour is considered a favorite superfood in Central and Latin America due to its nutritional values and distinct taste.
  • Whole-wheat flour is considered one of the most extensive and vital resources for many native individuals in North America.
  • In India and the United Kingdom, white wheat is commonly used for making whole-wheat flour instead of red as in the U.S.

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Whole-Wheat Flour Market: Key Participants

Some of the market participants in the Whole-Wheat Flour market are:

  • The King Arthur Flour Company
  • Bob’s Red Mill Natural Foods
  • Gold Medal (General Mills)
  • Georgia Organics
  • Stone Ground (Arrowhead Mills)
  • Wheat Montana
  • Anson Mills
  • Heartland Mill Inc.
  • Siemer Milling Company
  • Lindsey Mills
  • Hodgson Mills
  • General Mills
  • Ardent Mills
  • Wilkins Rogers Mills
  • Prestige Group of Industries
  • Conagra Mills
  • Sunrise Flour Mill
  • Kishan Exports
  • Natural Way Mills
  • Belize (Archer Daniels Midland)

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

The report covers exhaustive analysis on:

  • Whole-Wheat Flour Market Segments
  • Whole-Wheat Flour Market Dynamics
  • Whole-Wheat Flour Market Size
  • Whole-Wheat Flour Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Whole-Wheat Flour Market
  • Competition Landscape and Emerging Market Participants in Whole-Wheat Flour Market
  • Value Chain Analysis of the Whole-Wheat Flour Market

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

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Whole-Wheat Flour Market Segmentation

The Whole-Wheat Flour market can be segmented on the basis of product type, nature, end use, packaging, and sales channel

On the basis of product type, the market can be segmented as:

  • Whole Wheat Pancake Flour
  • Whole Wheat Bread Flour
  • Whole Wheat Pizza Flour
  • Whole Wheat Cracker Flour

On the basis of nature, the market can be segmented as:

  • Organic
  • Conventional

On the basis of applications, the market can be segmented as:

  • Bakery Products
  • Bread
  • Biscuits
  • Buns
  • Rolls
  • Cookies
  • Sweet Goods
  • Desserts
  • Tortillas
  • Others

On the basis of packaging, the market can be segmented as:

  • Bags
  • Supersacks
  • Bulk Tankers

On the basis of the sales channel, the market can be segmented as:

  • Direct Sales/B2B
  • Indirect Sales/B2C
  • Supermarket/Hypermarket
  • Retail Stores
  • Specialty Stores
  • General Grocery Stores
  • Online Stores

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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Brilliant Black Bn Colors Market Size, Regional Outlook and Global Industry Dynamics by 2032

The brilliant black BN food colors market is set to witness growth at a CAGR of 2.7% and top a market valuation of USD 6.73 Mn by 2032, while it holds a value of USD 5.11 Mn in 2022.

The global artificial food colors market is impelled by the highly growing demand for innovative, unique-looking food dishes, and altering taste and food appeal preferences. This trend has been complemented further due to the advent of social media among the populations worldwide, grabbing attention and pushing the demand for brilliant black Bn colors.

FMI study indicates that synthetic food colors will account for nearly USD 1.06 Bn of sales in the global market by the end of 2032. Out of this, the brilliant black BN colors market will have a market share of USD 6.73 Mn or just 0.7% by 2032. By volume, brilliant black BN colors had a consumption of 1200 metric tonnes globally in 2021.

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The synthetic food colors market is for the masses and is widely used by almost every food processing industry across the world, unlike natural food colors which is a niche market. Brilliant Black, also called Food Black 1, Brilliant Black PN, Brilliant Black A is a synthetic black diazo that is highly effective and easily imparts intense uniform color in food and beverage products at a faster pace, expanding the brilliant black BN colors market size.

The global brilliant black food colors market is dominated by the Indo-China region and Brazil. An increase in consumer discretionary income in regions such as the Asia Pacific, the Middle East, Latin America, and Africa has made it easier for customers to consume more ready-to-eat packaged food products propelling the demand for synthetic black food color.

Key Takeaways from Market Study

  • The Asia Pacific brilliant black BN market exhibited sales of 370 metric tons by volume in 2021 and is expected to grow at 2.37% CAGR, the highest among regions, between 2022 and 2032.
  • In Europe, the Middle East, Africa, and India profiled as the EMEAI region, the demand for Brilliant Black food colors is expected to grow at 1.73% CAGR between 2022 and 2032, while the Indian Subcontinent is poised to have a revenue of USD 680,000 by 2032, pushing the demand for brilliant black BN colors.
  • The North American Brilliant Black BN food colors market is upheld only by Mexico as the food colorant is banned in the US and Canada, fueling the demand for brilliant black BN colors in the region.
  • By application, the beverage industry holds the highest market share of about 26.98%. The biggest sub-segment for brilliant black market is Chocolate and Compound Coating which is anticipated to clock a revenue of USD 251,300 in 2022.
  • The meat and poultry industry has been ballooning in the recent past and there has been good traction from this industry for Food Black 1 colors. This industry’s consumption of brilliant black 1 was USD 216,000 in 2021.

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 “Companies of synthetic food colors which produce Brilliant Black BN would gain significantly by targeting the confectionery and baked foods industry. Brilliant Black 1 is the first choice for newer food processing units due to its unique color and affordability. Establishing strategic alliances with global viennoiseries, candy, confectioneries, and bakery food brands would immensely help these synthetic food colorant brands,” says a Future Market Insights analyst.

Competitive Landscape

Brilliant black BN colors market players have been heavily investing in research and development to reduce health hazards, minimize barriers to entry by convincing regulators in the market, while simultaneously making the product attractive to end-user industries and consumers, gaining the traction for the market and fueling the sales of brilliant black BN colors overall.

Also, large manufacturers such as Sigma-Aldrich International GmbH are moving towards web-based marketing and acquiring innovative regional units. Besides this, they are focusing on better supply channels using the latest software technology to make the colors more realistic including brilliant black BN colors. China and the East is major suppliers for reactive, disperse, and many other dyes.

Latest Market Developments

  • Vinayak Ingredients Pvt Ltd., completing its 45th year into the food color market, being one of the first menthol producers in India has deployed its new batch of brilliant black BN color that is primarily used in decorations and coating and color confectionary. This drives the sales of brilliant black BN colors globally.
  • Sensient food colors have upgraded their brilliant black BN colors that come with better water solubility and strong heat stability, giving it an edge around the counterparts, pushing the overall demand for brilliant black BN colors in new regions.

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Brilliant Black BN Colors Market By Category

On the basis of form, the Brilliant Black BN colors market has been segmented as follows:

  • Solid
  • Powder
  • Granulated

By Application, Brilliant Black BN colors Market is Segmented as:

  • Beverage
  • Bakery, Snacks, and Cereals
  • Candy/ Confectionery
  • Dairy
  • Fruit Preparations/ Fillings
  • Meat, Poultry, Fish, and Eggs
  • Potatoes, Pasta, and Rice
  • Sauces, Soups, and Dressings
  • Seasonings
  • Pet Food

By Region, Brilliant Black BN Colors Market is Segmented as:

  • Global
  • North America
  • Latin America
  • Europe, the Middle East and Africa, and India
  • Asia Pacific

Frequently Asked Questions

  • How Big is the Brilliant Black BN Colors Market?
  • How Much Does Bakery, Cereal, and Snack Industry Contribute to Food Colors Market?
  • What is the growth outlook of Brilliant Black BN Colors market in EMEAI?

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CBRN Protection Equipment Market to Expand at a Steady 5.5% CAGR from 2022 to 2029: Analysis of Key Trends, Drivers & Challenges

The global CBRN protection equipment market is expected to be worth US$ 8,306.4 million in 2029, with sales rising at a 5.5% CAGR. The market is expected to be worth US$ 5717.0 million by the end of 2022. Increased geopolitical volatility, hostile neighbouring nations, terrorist organisation threats, expanding regional wars, and stockpiling of various Weapons of Mass Destruction (WMD) are driving CBRN protective equipment market expansion.

CBRN protection equipment is increasingly being used by government defence groups around the world for rescue and field operations. Government initiatives to mitigate the consequences of CBRN accidents are expected to contribute to the growth of the CBRN protective equipment market. Furthermore, advanced training programmes for the army to train themselves in properly detecting and responding to situations will reduce the need for CBRN supplies.

As a result, there is an increase in demand for new CBRN protection equipment. Furthermore, increased demand for integrated collective protection equipment (COLPRO) in military operations supports CBRN protection equipment market growth.

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Additionally, the development of CBRN protection equipment for biological warfare is also expected to generate market growth. Biological warfare agents are extremely dangerous as a small amount of these agents can adversely impact health and are extremely contagious. In order to secure the common population against biological warfare agents, different manufacturers are producing new CBRN protection equipment.

“Increasing adoption of CBRN protection equipment for field and rescue operations coupled with the development of CBRN protection equipment for biological warfare, will likely augment the market growth over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Increasing biowarfare and chemical weapons are expected to drive the market demand over the forecast period.
  • The U.S. is expected to continue market domination through 2029.
  • Germany will likely account for 18% of the Europe CBRN protection equipment market over the forecast period.
  • China CBRN protection equipment market is expected to account for 51.7% of the East Asia market.
  • By product type, personal protective equipment expected to account for 52.9% of market sales during 2022-2029.
  • By category type, C decontamination is expected to lead the market.
  • Military segment is the leading end-user of the market.

Competitive Landscape

3M, Ansell Ltd., Honeywell International Inc., AirBoss of America Corporation, Drägerwerk AG & Co. KGaA, MSA Safety Inc, HDT Global, Avon Protection Systems, Chemviron Carbon, LION Group, Inc., Blauer Manufacturing Co., Inc., AMETEK, Inc., Ouvry – Systèmes de protection NRBC, MDH Defence, Seyntex, Portsmouth Aviation Ltd., BLÜCHER GmbH, and ROF among others are some of the manufacturers of CBRN protection equipment profiled in the full version of the report.

Key players in the global CBRN protection equipment market are focusing on mergers and acquisitions of peers. Market players are employing strategies to increase customer retention and strengthen their relationships with existing customers. These organizations are also investing in increasing the number of CBRN protection equipment contracts with Governments to extend their market penetration and increase their global market share.

More Insights into the CBRN Protection Equipment Market Report

In its latest report, FMI offers an unbiased analysis of the global CBRN protection equipment market, providing historical data from 2014 to 2021 and forecast statistics for the period 2022 to 2029. To understand the global market potential, growth, and scope, the market is segmented based on product type (mobile/transportation CBRN protection equipment (air purification units, integrated colpro systems, protective entrances, ROV bags, medical transportation sets), unhardened collective protection systems (UCPS), personal protective equipment (PPE), decontamination shelter stations (individual, 2 line, 3 line, 4 line)), category (C decontamination, B decontamination, RN contamination, railways),  end use (military, civil defense and security, nuclear power plants and sites, disaster management), and region.

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CBRN Protection Equipment Market Regional Analysis

According to the latest report by FMI, North America is expected to lead the market with a CAGR of 5.2%. The region will likely account for the leading share in the global market due to the advancements in the military capabilities of countries like the U.S. and Canada as well as due to the constant investments by the US in the defense sector.

Apart from North America, Europe is anticipated to remain a crucial market for CBRN protection equipment over the assessment period because of the presence of CBRN solutions manufacturers. Europe is estimated to register growth at 5.5% across the assessment period. Further, Germany is predicted to account for 18% of the market share of this region. The country intends to play a greater role in global security and plans which has led to an increase in its estimated military expenditure to 1.5% of GDP by 2025.

China has become the second largest military spender. The country will presumably account for 51.7% of East Asia’s market share by 2029. As an emerging economy, China is expected to host multiple lucrative opportunities for the market in the upcoming years.

However, the CBRN protection equipment and services have been adopted more slowly in developing regions like Latin America and the Middle East. Owing to the high costs of equipment and services as well as governments’ rather low expenditure on CBRN security for implementing top-notch security services, these regions have fallen behind in terms of market growth.

CBRN Protection Equipment Market Segmentation Analysis

According to the latest report by FMI, based on product types, the sales of personal protective equipment are expected to drive the overall market growth. The personal protective segment is anticipated to hold a predominant share of 52.9% of the global market by the end of 2029. This segment includes muff, gloves, coveralls, vests, and body suits. Increasing usage in health care settings such as clinics, labs, and others is expected to propel the segment’s growth over the forecast period.

By category type, C decontamination is predicted to hold the highest market share of over 80% and rise exponentially in the upcoming years. Due to the increasing chemical hazards all over the world, the C decontamination segment is likely to remain dominant during the assessment period. In terms of value, the C decontamination segment is expected to exhibit a CAGR of 5.6% during the prediction period because of more feasibility.

On the basis of end-user, the military segment is expected to dominate the CBRN protection equipment market with respect to market share and Y-o-Y growth during the projection period. The military segment is anticipated to grow at a CAGR of 5.5% over the forecast period of 2022-2029 and is expected to account for a 79.0% market revenue share.This segment is predicted to rule the market due to the growing adoption of advanced defense solutions and military drones and the increasing defense budget worldwide.

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CBRN Protection Equipment Markey By Category

By Product Type :

  • Mobile / Transportation CBRN Protection Equipment
    • Air Purification Units
    • Integrated Colpro Systems
    • Protective Entrances
    • ROV Bags
    • Medical Transportation Sets
  • Unhardened Collective Protection Systems (UCPS)
  • Personal Protective Equipment (PPE)
  • Decontamination Shelter Systems
    • Individual
    • 2 Line
    • 3 Line
    • 4 Line

By Category :

  • C Decontamination
  • B Decontamination
  • RN Contamination
  • Railways

By End Use :

  • Military
  • Civil Defence and Security
  • Nuclear Power Plants and Sites
  • Disaster Management

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Power Tool Gears Market to Grow at a CAGR of 5.1%, Reaching a Valuation of US$ 8.38 Billion from 2022 to 2030: Get Insights FMI

According to FMI’s analysis report, the global power tool gears market was valued at US$ 5.63 Billion in 2021 and is expected to grow at a CAGR of 5.1% between 2022 and 2030, with a significant impact felt in the initial period of forecast due to the current shutdown of manufacturing industries in emerging markets.

Electric tool gears are necessary components of devices such as drilling machines, saws, hammers, and grinding machines. They are crucial in adjusting the velocity and torque of the aforementioned device.

However, the demand for cutting-edge and superior energy equipment among woodworkers and metal fabricators will drive the growth of the strength device gears market through 2030.

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Key Takeaways of Power Tool Gears Market Study

  • Increasing adoption of automation, better productivity, and easier and accurate operations are vital points propelling the demand and usage of power tools, which is subsequently fueling the growth of the power tool gears market.
  • Power tools can be used for hard materials, which are otherwise strong and difficult to work on with mechanical tools. Also, lack of skilled workforce and wage issues are other driving factors for the increment of the power tool gears market.
  • Use of spur gears and worm or spiral gears is anticipated to increase over the forecast period.
  • The professional end user type segment is likely to retain its dominance in the market due to the requirement of more gear sets. High adoption of power tools for professional purposes is also driving the segment.
  • By application, grinding machines are anticipated to progress at a swift pace over the forecast period, with increasing use of sanders and polishers in the market.

“To improve profit margins by increasing production rates and reducing operating costs, effective reduction in workforce is required. As such, many end-use companies are anticipated to increase the usage of power tools over the slated course of time. However, due to the spread of the novel coronavirus, which is nearly shutting down many prominent economies, growth of the power tool gears market will be hindered in the immediate future.”

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Power Tool Gears Market by Category

By Gear Type:

  • Bevel Gears
  • Spiral Gears
  • Spur Gears
  • Helical Gears
  • Hypoid Gears

By Application:

  • Grinding Machines
  • Drills
  • Hammers
  • Saws
  • DC Cordless Screw Drivers

By End User:

  • Professional
  • DIY (Consumer)

By Region:

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

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

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Global Electric Sub-meter Market is Projected to Reach a High Valuation of US$ 12.8 Billion by 2030: Analysis of Growth Opportunities and Trends

Global electric sub-meter sales were estimated to be worth US$ 9.74 billion by the end of 2021. By 2030, the market is expected to grow at a 3% CAGR and be worth US$ 12.8 billion.

The electric sub-meter market is expanding as a result of rising demand for energy-efficient solutions and the desire to reduce electricity consumption costs. This market, which includes a variety of sub-meters such as residential, commercial, and industrial, is expected to grow significantly in the coming years as people become more aware of the importance of energy conservation and management.

Furthermore, the increased use of renewable energy sources such as solar panels and wind turbines is fueling the growth of the electric sub-meter market. Sub-metering provides real-time data on energy usage, allowing consumers and businesses to make informed decisions about energy consumption and efficiency. Furthermore, governments around the world are enacting regulations and initiatives to reduce carbon emissions, which will drive demand for electric sub-meters in the near future.

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Key Takeaways for Electric Sub-meter Market Study

  • Increasing consumer inclination towards smart sub-meters, owing to surging use of Internet of Technology (IoT), is anticipated to bolster market growth.
  • Conventional sub-meter manufacturers are merging with global technology providers and key market players, considering increasing traction towards smart sub-meters.
  • Governments in several countries are launching initiatives for rural electrification and installation of digital sub-meters.
  • Given noteworthy growth of the market in China, the East Asia region is projected to have a significant share in the global electric sub-meter market from 2022 to 2030.
  • The COVID-19 pandemic has put a majority of manufacturing and the supply chain of electric sub-meters on hold. As the number of infected individuals is increasing, industrial trade activities are expected to plunge significantly on a global scale, affecting the production and demand for electric sub-meters. Post containment of COVID-19 and lifting of lockdowns in developed regions, the global population would continue to follow social distancing protocols. Sales of electric sub-meters and new projects related to deployment of smart sub-meters in South East Asian countries will then pick pace.

“Manufacturers in emerging markets such as India and ASEAN countries are entering into supply agreements through tenders and new orders. Replacement of conventional electric sub-meters with novel smart sub-meters is expected to remain the key growth driver of the electric sub-meter market. In addition, manufactures are investing heavily in R&D activities in order to provide tech-driven smart electric sub-meters at comparatively lower prices, without compromising on quality.”

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Electric Sub-meter Market: Competitive Landscape

Players active in the electrical sub-meter market covered in this research study are ABB, OSAKI ELECTRIC CO., LTD., Schneider Electric, Honeywell International, Landis+Gyr, General Electric, Itron Inc., Siemens AG, Xylem Inc., and Mitsubishi Electric Corporation. These key participants are looking to expand their footprints by acquiring regional manufacturers in the electrical sub-meter market.

Moreover, the global electric sub-meter market is fairly fragmented, with the presence of global as well as regional manufacturers. Market competition is anticipated to intensify due to strategic mergers & acquisitions by global market players to reinforce their business presence across continents.

Governments in countries such as Indonesia and Vietnam are walking the extra mile to enable proper electrification across their nations, and, as such, intensifying the competitive ratio in the market. Regional players in the electric sub-meter market are working towards innovating their product portfolios and reducing operational costs to provide products at lower prices.

Key Segments of Electric Sub-meter Industry Research

By Product:

  • Socket Type/Electromechanical Sub-meters
    • Feed-through Sub-meters
    • Current Transformers
  • Non-socket /Electronic Sub-meters
  • Smart Sub-meters

By Phase:

  • Single Phase Electric Sub-meters
  • Three Phase Electric Sub-meters

By Application:

  • Commercial Establishments
    • Large Retail Stores
    • Data Centers
    • Others
  • Residential Sector
  • Industrial Sector

By Region:

  • North America Electric Sub-meter Market
  • Latin America Electric Sub-meter Market
  • Europe Electric Sub-meter Market
  • East Asia Electric Sub-meter Market
  • South Asia & Pacific Electric Sub-meter Market
  • Middle East & Africa (MEA) Electric Sub-meter Market

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Find More Valuable Insights on Electric Sub-meter Market

FMI, in its new market research study, offers an unbiased analysis of the electric sub-meter market, which comprises global industry analysis of 2014 to 2021 and opportunity assessment for 2022 to 2030. The report offers complete analysis on the global electric sub-meter market through four different categories –product, phase, application and region.

The global electric sub-meter market study provides information of pricing by different life cycle analysis, product life cycle, key market trends, and technologies that are being implemented in the production of electric sub-meters, and product adoption in varied end-use industries.

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

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Turbidimeter Market is Expected to Reach a High Valuation of US$ 952.1 Million by 2029: Analysis of Growth Opportunities and Trends

According to Future Market Insights (FMI), the Global Turbidimeter Market will grow by 5.6% year on year in 2022, reaching a value of approximately US$ 641.8 Million by the end of 2022. The global business is expected to grow at a significant value CAGR of 4.0% between 2022 and 2029.

The covid-19 outbreak is expected to have a moderate impact on the industry. The pandemic has forced the closure of manufacturing plants and disrupted supply chains for critical components, which will harm the turbidimeter market’s prospects in the short term. However, sustained public and private sector investments in water and waste water management will help sustain demand throughout the crisis period.

“Analyzing turbidity readings are a critical function in water treatment plants. The essential nature of accuracy in these readings to remain in compliance with environment and health standards will support turbidimeter market growth for the foreseeable future,” says the FMI analyst.

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Turbidimeter Market – Key Takeaways

  • Laser-based turbidimeters are rapidly gaining traction owing to higher levels of accuracy even in relatively cleaner water bodies.
  • Waste water treatment applications contribute to major revenue share owing to rising use of image processing innovations in estimating effluent content.
  • North America and Western Europe key turbidimeter markets supported by applications in pharmaceutical and sewage treatment sectors.

Turbidimeter Market – Key Driving Factors

  • Extensive investments into water quality testing infrastructure is the primary factor of growth in the turbidimeter market.
  • Strict environmental regulations on water-borne effluents supports the growth of the turbidimeter market.
  • Growth of the food and beverage industry will generate key lucrative opportunities to assess proportion and purity of formulations.

Turbidimeter Market – Key Constraints

  • Functional limitations of current turbidimeter technologies is a key challenge to market players.
  • Easy access to automated alternatives to conventional turbidimeters is holding back market growth.

The Anticipated Impact of Coronavirus

Sustained demand for turbidimeters in the food & beverage and waste water treatment sectors will positively influence market growth during the coronavirus pandemic. In addition, new techniques of analysis will help to sustain adoption during this period. On the other hand, the disruptions of production and supply chain operations during the outbreak will have a short-term negative impact on the market.

Competition Landscape

Players in the turbidimeter market include but are not limited to LaMotte Company, Thermo Fisher Scientific Inc., Tintometer Inc., Danaher Corp., Hanna Instruments, Emerson Electric Co., PCE Instruments, Xylem Inc., Merck KGaA, and Mettler Toledo. Developers are largely investing in product development and launches. For instance, HACH Pacific has released its range of low range process turbidimeters.

More About the Report

The FMI’s market research report offers detailed insights on turbidimeter s market. The market is scrutinized on the basis of portability (handheld and stationary), application (on-field and off-field), and end use (wastewater treatment, chemical & materials, oil & gas, pharmaceuticals, pulp & paper, food & beverages, research & academia, and others) across seven key regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa).

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TURBIDIMETER MARKET TAXONOMY

By Portability Type, the Global Turbidimeter Market is segmented as:

  • Handheld
  • Stationary

By Application, the Global Turbidimeter Market is segmented as:

  • On-field
  • Off-field

By End Use, the Global Turbidimeter Market is segmented as:

  • Wastewater Treatment
  • Chemical & Materials
  • Oil & Gas
  • Pharmaceutical
  • Pulp & paper
  • Food & Beverages
  • Research & Academia
  • Others

By Region, the Global Turbidimeter Market is segmented as:

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

About Us

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

Contact:

Future Market Insights Inc.   
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