Salad Oil Market Recent Changes in Dynamics, Demand Forecast and Top Market participants by 2032

The global salad oil market is projected to reach approximately US$348 billion in revenue by 2032, up from US$177 billion in 2022, and to grow at a CAGR of 6.9% over the forecast period (2022-2032). .
Demand for salad oil is gaining momentum as consumer behavior and eating habits change from serving the same number of dishes to new food variants and a wide variety of tastes.

Salad oil is used in food processing industry mainly, in the preparation of salad dressing, bakery mixes, mayonnaise, and also for pizza crust. In household, hotels, and restaurants, salad oil is used for salad dressing preparation as well as preparing cold dishes, such as, bread dips and drizzling over food.

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Health Benefits Offered by the Salad Oil Consumption is Propelling the Global Salad Oil Market

The global salad oil market is mainly driven by the increasing consumption of processed food products such as mayonnaise, salad dressings, etc. Mayonnaise and salad dressing products being first originated in the European region are consumed on a large scale in European countries. And since the adoption of European food culture worldwide is increasing, salad consumption and introduction, such as antipasto, have increased enormously. And in turn, the demand for salad oil is surging in the global market.

Polyphenols have antioxidant property, and have been discussed to reduce the risk of diabetes, cardiovascular problems, and neurodegenerative diseases. Since the prevalence of diabetes, obesity, cardiovascular diseases, etc. is increasing in the world, health-conscious populace is also increasing. The rise in the health consciousness around the globe is increasing the opportunity for healthy products, including salad oil. This is driving the global salad oil market.

Salad Oil Market: Regional Analysis

Currently, the global salad oil market is majorly occupied by the North American and European region due to the regular consumption of salad and salad dressing products such as salad oil. In the Asia Pacific and the Middle East and African region, due to the changing food culture and eating habits, salad oil demand is on the surging.

Additionally, due to the increasing middle-class population and middle-class population income is creating a positive scenario in the global salad oil market, since the purchasing power of the customer is increasing in these regions.

Salad Oil Market: Key Participants

Some of the market participants in the salad oil market are:

  • Trio Agencies
  • Melrose Plc
  • Bio Planete F.J. Moog SAS
  • Salad Oils International Corporation
  • Cargill Inc.
  • PYCO Industries
  • Avatar Corporation
  • COFCO Corporation
  • Sovena Group
  • Stratas Foods
  • Maeva Group International

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The research report presents a comprehensive assessment of the salad oil 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 nature, sources, end use, and distribution channel.

The report covers exhaustive analysis on:

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

Salad Oil Market Segmentation

The salad oil market can be segmented on the basis of nature, Sources, end use, and distribution channel.

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

  • Organic
  • Conventional

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On the basis of sources, the salad oil market can be segmented as:

  • Peanut Oil
  • Corn Oil
  • Cottonseed Oil
  • Soybean Oil
  • Sunflower Oil
  • Canola Oil
  • Olive Oil

On the basis of end use, the salad oil market can be segmented as:

  • Food Processing
  • HoReCa/Household

On the basis of distribution channel, the salad oil market can be segmented as:

  • Direct Sales Channel/B2B
  • Indirect Sales Channel/B2C
  • Hypermarket/Supermarket
  • Online Retail
  • Specialty Store
  • Convenience Store

Report Highlights:

  • Detailed overview of parent market
  • Changing dynamics of the salad oil market in the industry
  • In-depth market segmentation and analysis
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in the salad oil market
  • Competitive landscape of the salad oil market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on salad oil market performance
  • Must-have information for salad oil market players to sustain and enhance their market footprint

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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Fiber Supplements Market Overview of Raw Material Distributor, Growth with Value Analysis by 2032

The worldwide fiber supplements market is expected to be valued at US$ 34.18 billion by 2032, up from US$ 18.21 billion in 2022, with a 6.5% CAGR over the forecast period. Fiber is a type of carbohydrate that helps to keep the digestive systems healthy. There are numerous fiber supplements available in the industry in various forms, such as tablets, capsules, and powders. Fiber provides a wide range of health benefits, such as it lowers cholesterol, and keeps blood sugar steady.

Short-term relief from bowel irregularity and constipation are some primary factors that are driving the adoption of fiber supplements. Dietary fiber supplements are also witnessing traction for weight

Growing Awareness about Health Benefits of Dietary Fiber Supplements Fuelling Adoption

A significant transition in lifestyle and dietary habits of people is driving traction for fiber-rich supplements. Research on the health benefits of adequate fiber supplements has had positive conclusions. As per the European Food Safety Authority, fiber-rich products can enhance weight management.

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Meanwhile, the World Cancer Research Fund (WCRF) estimates that roughly 45% of bowel cancer can be prevented with the consumption of proper fiber-rich diet and physical activity. Burgeoning studies showing a wide range of health benefits of dietary fibers are fueling demand for soluble as well as insoluble fiber supplements.

Fiber Supplement Manufacturers Adopting Smart Marketing Strategies to Drive Sales 

Fiber has a unique taste and thus, it requires proper masking for a product to appeal consumers. Consequently, nutraceutical companies are increasingly experimenting with various fibers to develop fiber supplements that taste good.

Several companies provide taste-free, sugar-free fiber supplements, which the consumers can use as per their convenience. For instance, Benefiber powder is a leading fiber supplement that completely dissolves in beverages. Moreover, it’s tasteless, which means consumers can add this fiber supplement to any beverage. This growing adoption of in-trend ingredients in variants is likely to drive growth in fiber supplements market.

Favorable Initiatives & Recommendations Driving Adoption of Fiber Supplements 

As per the World Gastroenterology Organization, dietary fiber intake recommendations vary across different parts of the world. Most of the guidelines recommend consumption of >20g/day. However, actual dietary fiber consumption is below recommended levels across many countries.

Fiber consumption in many countries, including the US and Europe is far below the recommended level by regulatory bodies. This is leading to long-term implications for public health, such as gastrointestinal disorders, rising cases of type 2 diabetes, heart diseases, stroke, and obesity. Fiber supplements allow people to boost the amount of fiber in their diets if they are not getting it in adequately from their diet.

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Growing Gluten-Free Intolerance Creating Lucrative Opportunities in Fiber Supplements Market 

Gluten-free is a rapidly growing food intolerance segment that continues to show significant potential in the market worldwide. Amid the changing consumer preference for gluten-free products, fiber supplements companies are increasingly focusing on providing high-fiber and gluten-free variants. For instance, Psyllium husk, which is commonly found in many fiber supplements, is a naturally gluten-free ingredient that has been helping its brand to comply with the altering preferences. Konsyl is also a gluten-free variant, just like most of Metamucil products. Furthermore, Citrucel makes the safest gluten-free choice among the purely soluble fiber supplements.

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 of the global Fiber supplements market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Fiber supplements market attractiveness as per segments. The report also maps the qualitative impact of various factors on Fiber supplements market segments and geographies.

management, as they help people feel satiate for longer.

Fiber Supplements Market – Notable Developments 

Some of the leading players operating in the global fiber supplements market are NOW Foods, Walgreens, SPECIES, Citrucel, BarnDad Innovative Nutrition, Robinson Pharma, Inc., Myogenix, Optimum Nutrition, Garden Of Life, Benefiber, Twinlab, Renew Life Formulas, Inc., and Metamucil

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Notable developments in the competitive landscape of fiber supplements market include: 

  • In 2018, the Fiber Choice® line of chewable prebiotic fiber gummies and tablets was awarded the #1 share of gastroenterologist (GE) recommendations nationwide, over four times greater than that for the nearest branded competitor.
  • Caret Pharma, a subsidiary of Caret Group has acquired FiberChoice, a leading line of fiber supplements. With this acquisition, Caret Pharma aims to expand its medical food category.
  • As consumers are in pursuit of supplements that deliver optimum fiber and protein, Atkins brand has launched Atkins Plus Protein & Fiber shakes in two varieties, Creamy Milk Chocolate and Creamy Vanilla.

Fiber Supplements Market – Segmentation 

Based on type, the global fiber supplements market is segmented into: 

  • Capsule
  • Powder
  • Chewable
  • Tablets

Based on application, the global fiber supplements market is segmented into: 

  • Blood Cholesterol Reduction
  • Gastrointestinal Health
  • Weight Management

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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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Oilfield Communications Market Set to Witness an Uptick Size US$ 6.4 Billion by 2032 | Says FMI

The oilfield communications market is expected to grow at a CAGR of 5.4%, from US$ 3.8 Billion in 2022 to USD 6.4 billion by 2032.

Increasing investments in network infrastructure, rising demand for oilfield communications from oil and gas operators to scale the production of mature oilfields, and rising technological advancements for communication across oilfields are expected to drive the adoption of the oilfield communications market.

Businesses that provide oilfield communications solutions and services are expected to see a significant drop in oilfield communications market growth due to the COVID-19 pandemic-led global lockdown.

The oilfield communications market refers to the use of communication technologies in the oil and gas industry, which is often characterized by remote locations, harsh environments, and the need for real-time data transmission. The oilfield communications market includes a wide range of communication technologies, such as satellite communication, fiber optic communication, microwave communication, and radio communication.

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The pandemic caused oilfield communications companies to face liquidity crises, healthier companies to diversify their businesses, and companies to face a skilled workforce shortage when the oilfield communications market recovers due to layoffs during the lockdown.

Demand for oilfield communications has risen rapidly, and companies are investing heavily in exploring new oil fields, particularly in the Asia Pacific. The reliable and fast network enables oil and gas companies to discover new remote offshore and onshore oilfields, which may influence the oilfield communications market key trends and opportunities.

The major oil exploration companies that are establishing operations in harsh and remote areas are driving up demand for oilfield communications solutions. Most of the major oil exploration companies are advancing their technologies in response to the increasing demand for high bandwidth communication.

The oilfield communications market is also driven by the need for real-time monitoring and control of operations, which requires reliable and high-speed data transmission. This is particularly important in offshore oil and gas operations, where even a small delay in communication can lead to significant operational and safety risks.

KEY TAKEAWAYS:

  • The US oilfield communications market is expected to reach US$ 2.2 billion by 2032, growing at a 4.9% CAGR through 2032.
  • The UK oilfield communications market is expected to be worth US$ 278.2 Million by 2032, with a CAGR of 4.4% between now and then through 2032.
  • By 2032, the Chinese oilfield communications market is expected to reach US$ 442.0 Million, growing at a 4.7% CAGR.
  • A Japanese oilfield communications market is expected to be worth US$ 367.4 million by 2032, growing at a 4.0% annual rate until then.
  • South Korea is expected to have a US$ 215.3 million oilfield communications market by 2032, with a CAGR of 3.3% through 2032.
  • The onshore segment of the oilfield communications market’s field site category is expected to grow at a CAGR of 4.9% through 2032.
  • The oilfield communications market component sectors’ services segment will grow at a CAGR of 5.2% through 2032.

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COMPETITIVE LANDSCAPE:

New market research report on Oilfield Communications says that Huawei Technologies Co., Ltd., Siemens AG, Speedcast, Weatherford International plc, and Ceragon are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the oilfield communications market, including oilfield communications market growth, oilfield communications market share, oilfield communications market adoption trends and important market strategies.

Key Segments

By Component:

  • Solutions
  • Services

By Communication Network:

  • VSAT Communication Network
  • TETRA Communication Network
  • Cellular Communication Network
  • Fiber Optic-based Communication Network
  • Microwave Communication Network

By Application:

  • Upstream
  • Midstream
  • Downstream

By Field Site:

  • Onshore
  • Offshore

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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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 favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

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Suite 401, Newark, Delaware – 19713, USA
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Lactose Free Probiotic Yogurt Market Study on Competition Dashboard and Forecast by 2032

The global lactose free probiotic yogurt market is forecasted to be appraised at US$ 25.05 billion by 2032, up from US$ 13.6 billion in 2022, advancing at a CAGR of 6.3% during the forecast period.

Lactose free probiotic yogurt is made without milk’s sugar lactose, and the market includes cheese, yogurt, desserts, and ice creams that are comprised of very less or no lactose content. These products offer nutritional advantages, and the market demand for lactose free probiotic yogurt is likely to get spiked by its rising use by consumers.

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Lactose Free Probiotic Yogurt Market- Notable Highlights

Some of the leading players in the lactose free probiotic yogurt market are Dean Foods, Nestle, Arla Foods, The Danone Company Inc., Green Valley Organics, Kerry Group, Crowley Foods, Shamrock Foods Company, McNeil Nutritionals, Doves Farm Foods, Galaxy Nutritional Foods, Cargill, Daiya Foods, and Edlong Dairy Technologies.

  • Danone North America has opened new facility to increase production of its plant-based food products. The facility is likely to produce Vega yogurt alternatives and nutritional powder, along with Silk yogurt alternatives.
  • Nongfu Spring has launched vegan yogurt product in China. This product is the first mainstream plant-based yogurt in the country.
  • Oatly, a Swedish vegan brand has introduced a drinkable yogurt made using fermented oats. The new product known as Oatgurt will be provided in four flavors including strawberry, vanilla, lemon elderflower, and natural.

Lactose Free Probiotic Yogurt Market Dynamics

Rising Levels of Lactose Intolerance Driving Lactose Free Probiotic Yogurt Market

Some ethnic groups across countries are more lactose intolerant than others. According to the National Institutes of Health, around 65% of the global population is lactose intolerance. This is driving the demand for lactose free food products including lactose free probiotic yogurt. In response to growing demand for lactose free yogurt and other dairy products, food producers are focusing on using vegan milks made from peanuts, hazelnuts, rice, coconuts to produce lactose free probiotic yogurt.

Manufacturers in lactose free probiotic yogurt market are using lactases, neutral lactases is mostly used for production of lactose-free dairy products. Moreover, starter culture of live bacteria is also added in lactose free yogurt to enhance the probiotic content. Although yogurt naturally contain various types of probiotics, some manufacturers are adding additional probiotics which may include Lactobacillus acidophilus as it helps in reducing lactose, making it easy to consume probiotic yogurt for people with lactose intolerance.

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Coconut Milk Yogurt Gaining Popularity in Lactose Free Probiotic Yogurt Market

Coconut milk yogurt has emerged as one of the top dairy free and lactose free source of probiotics. While Greek yogurt contains less lactose as compared to traditional milk yogurt, majority of the people with lactose intolerance are avoiding these yogurt products while switching to vegan style and lactose free probiotic yogurt such as coconut milk based yogurt.

The probiotics in coconut milk yogurt offers probiotics that help to regulate digestive health by providing healthy gut bacteria. Manufacturers in lactose free probiotic yogurt market are combining coconut milk with flavorings, fruits, and active cultures in order to produce vegan yogurt with nutritional benefits. Consumers are also making their own coconut milk yogurt using canned coconut milk and powdered probiotics.

Soy, almond, and coconut are popular dairy-free yogurt bases. A few years back soy used to be popular base for dairy-free yogurt, however, food producers are providing consumers with new option, this has increased the popularity of coconut milk used as a base for yogurt.

High Cost and Poor Taste to Challenge Growth in the Lactose Free Probiotic Yogurt Market

Driven by consumer perception of dairy-free products as healthier alternatives to dairy products along with the rise in vegan population, dairy-free products made using plant-based sources are gaining popularity. However, low on taste and high cost of dairy-free products including lactose free probiotic yogurt are emerging as the challenges.

Specialty products such as non-dairy cheese and lactose free probiotic yogurt are expansive as compared to lactose containing products. Owing to the complex resources and manufacturing process, the cost of lactose-free probiotic yogurt is high. Moreover, high price of alternate milk sources also adds to the cost of lactose-free probiotic yogurt. In terms of taste, dairy-free products such as lactose free probiotic yogurt often taste different than regular dairy products. However, food producers are focusing on the ingredients in these products in order to enhance the taste and texture of lactose-free dairy products.

The report on the lactose free probiotic yogurt 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 of the global lactose free probiotic yogurt market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with lactose free probiotic yogurt market attractiveness as per segments. The report also maps the qualitative impact of various factors on lactose free probiotic yogurt market segments and geographies.

Lactose Free Probiotic Yogurt Market Segmentation

Based on the distribution channel, the lactose free probiotic yogurt market is segmented into

  • Hypermarket/supermarket
  • Convenience stores
  • Specialty stores
  • E-retailers

Based on the nature, the lactose free probiotic yogurt market is segmented into 

  • Conventional
  • Organic

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Report Highlights:

  • A detailed overview of parent market
  • Changing lactose free probiotic yogurt market dynamics in the industry
  • In-depth lactose free probiotic yogurt market segmentation
  • Historical, current, and projected lactose free probiotic yogurt market size regarding volume and value
  • Recent industry trends and developments in lactose free probiotic yogurt market
  • Competitive landscape of the lactose free probiotic yogurt market
  • Strategies for key players and products offered in the lactose free probiotic yogurt market
  • Potential and niche segments, geographical regions exhibiting promising growth in lactose free probiotic yogurt market
  • A neutral perspective on lactose free probiotic yogurt market performance
  • Must-have information for lactose free probiotic yogurt market players to sustain and enhance their market footprint

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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Natural Source Vitamin E Market Growth Study on Competition, Challenges & Supply Chain Overview by 2032

The natural source vitamin E market share leads to a moderate CAGR of 8% in the global market during the forecast period. Speaking of which, the global market retains a forecasted revenue of US$ 0.81 Bn in 2022 and is expected to cross US$ 1.75 Bn by 2032. From the aforementioned data analysis, the demand for natural source vitamin E is likely to grow in the course of the forecast period.

The natural source vitamin E is obtained from natural sources such as crops and oilseeds. Thus, the availability of these sources is a problem for the manufacturers of natural source vitamin E. Also, the price of the natural source vitamin E is very high in the market and thus the end users prefer using synthetic vitamin E in the manufacturing of the products instead of natural source vitamin E.

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Demand for Tocopherols to Increase in the Upcoming Years as Compared to the Tocotrienols Globally

Tocopherols and tocotrienols are the fractionated form of natural source vitamin E that is available in the market. The use of tocopherols in the market is high as compared to that of tocotrienols. This is because the use of tocopherols in a variety of applications has increased its demand. Also, tocotrienols is not easily absorbed by the body and thus it cannot be distributed to all the cell equally. This has led to the use of tocotrienols more in cosmetics and personal care products. But the use of natural source vitamin E is the highest in the dietary supplements. It is also used in food and beverages such as functional dairy products. The tocopherol component of natural source vitamin E is used in these.

Natural Source Vitamin E Market: Key Developments

In 2015, Archer Daniels Midland Company (ADM) launched two new products under the Novatol brand, Sunflower 5-67 Vitamin E and Sunflower Vitamin E Succinate. Both the products are natural source vitamin E and are extracted from non-GMO sunflower oil.

Natural Source Vitamin E Market: Regional Analysis

Natural source vitamin E is already popular in North America and Europe. The demand for external supplements is high in these regions as health awareness among the consumers is high here. But the demand for natural source vitamin E is expected to experience high growth in the Asia Pacific region. The increasing disposable income and consumer awareness in the Asia Pacific region are few of the factors that will result in its increased demand of natural source vitamin E in this region.

Natural Source Vitamin E Market: Key Participants

The key participants for the natural source vitamin E market are:

  • Archer Daniels Midland Company
  • Fairchem Speciality Limited
  • Organic Technologies
  • Xi’an Healthful Biotechnology Co. Ltd.
  • Koninklijke DSM N.V.
  • BASF SE
  • Now Foods
  • Davos Life Science Pte Ltd.
  • Elementa Food Ingredients
  • Eisai Food & Chemical Co. Ltd.
  • Wilmar Spring Fruit Nutrition Products Co. Ltd.
  • Riken Vitamin Co. Ltd.
  • Zhejiang Worldbestve Biotechnology Co. Ltd.
  • SourceOne Global Partners

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The research report presents a comprehensive assessment of the natural source vitamin E 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, product type and application.

The report covers exhaustive analysis on:

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

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Natural Source Vitamin E Market: Segmentation

The natural source vitamin E can be segmented on the basis of form, product type and application.

On the basis of form, the natural source vitamin E can be segmented as:

  • Powder/Granules
  • Extract/ Oil

On the basis of product type, the natural source vitamin E can be segmented as:

  • Tocopherol
  • Tocotrienol

On the basis of application, the natural source vitamin E can be segmented as:

  • Food and Beverages
  • Pharmaceuticals
  • Dietary Supplements
  • Cosmetics and Personal Care
  • Animal Feed

Report Highlights:

  • Detailed overview of parent market
  • Changing dynamics of the natural source vitamin E market in the industry
  • In-depth market segmentation and analysis
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in the natural source vitamin E market
  • Competitive landscape of the natural source vitamin E market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on natural source vitamin E market performance
  • Must-have information for natural source vitamin E market players to sustain and enhance their market footprint

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 Us:

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T: +1-845-579-5705
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Ready-to-Use Therapeutic Food Market is projected to grow US$ 743.4 million by 2033, at a CAGR of 6% from 2023 to 2033

As per the global ready-to-use therapeutic market analysis report by FMI, the market valuation is expected to be around US$ 429 million in 2023. By the end of this forecast period, the global sales of ready-to-use therapeutic food are anticipated by FMI to generate revenues of around US$ 743.4 million.

Undernutrition is responsible for around 45% of fatalities among the Under 5 children group as a result of rising rates of malnutrition throughout the world. The rising concern of international communities to combat the menace by available options is what boosts the demand for ready-to-use therapeutic food internationally. Earlier, the American Journal of Clinical Nutrition published that 96% of kids who received RUTF treatment were visibly nourished within a year.

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Interestingly enough, the impact of the Covid-19 pandemic was drastic across the developing and underdeveloped worlds that benefitted the market after a short while. It was apprehended that severely malnourished children were at a dangerously high risk of contracting the novel coronavirus due to weakened immunity. So considerable efforts were made for the provisioning of ready-to-eat therapeutic foods boosting its sales in the global market.

However, higher costs and the absence of sufficient market channels are projected to impede the growth of RTE therapeutic food products throughout the forecast period. Many producers of RTD therapeutic products do not adhere to WHO’s food product preparation standards, resulting in microbial contamination.

Key Takeaways from the Ready-to-use Therapeutic Food Market Study Report

  • Based on market survey reports, the sales of ready-to-use therapeutic foods were dominated by the United States, with a revenue share of 23.5% in 2022.
  • Likewise, Germany is a leading contributor of RTD therapeutic products in the UNICEF programs and held a market share of 14.5% in 2022.
  • Contrastingly, Asia Pacific countries are performing well these days and have increased their ready-to-eat therapeutic food production capacity to compete globally. While the market for this commodity in China is projected to grow at 4.5% through 2033 India is expected to advance at a 6.5% growth rate.
  • Increasing sales of the drinkable therapeutic food segment is likely to fuel the expansion of the ready-to-use therapeutic food industry through the forecast years. Over the forecast years, a staggering double-digit CAGR is predicted for the drinkable therapeutic foods segment.

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Competitive Landscape for the Ready-to-use Therapeutic Food Market Players

Nuflower Foods, GC Rieber Compact AS, Valid Nutrition, InnoFaso Corp., Edesia Inc., Nutrivita Foods Ltd., Diva Nutritional Products, Insta Products Ltd., Mana Nutritive Aid Product Inc., Meds & Food for Kids Inc., Samil Industrial Co., Tabatchnick Fine Foods Inc., Amul India Inc., Hilina Enriched Foods PLC, and Société de Transformation Alimentaire among others are some key players in the global ready-to-use therapeutic food market.

Throughout the forecast period, the overall market is expected to remain consolidated due to the presence of a few key players globally. Market growth is anticipated to accelerate due to an increase in collaborations in the regional markets for the production of RUTF at a higher quantity.

For example, the Federal Government of Nigeria signed an MOU with UNICEF in May 2018 to acquire and supply RUTF in the country in huge quantities. The cooperation aimed to act as a parallel contribution to the acquisition and delivery of the goods throughout the state’s six affected zones.

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Industry Key Segment

By Type:

  • Solid Therapeutic Food
    • Power or Blend Form
    • Biscuits or Bar Form
  • Paste Therapeutic Food
  • Drinkable Therapeutic Food
  • Other Ready-to-use Therapeutic Foods

By End User:

  • United National International Children’s Emergency Fund (UNICEF)
  • World Food Program (WFP)
  • Government Organizations
  • Non-governmental Organizations (NGOs)
  • Other End Users

By Region:

  • North America (United States, & Canada)
  • Latin America (Brazil, Mexico & Rest of Latin America)
  • Europe (France, Germany, Spain, United Kingdom Italy, BENELUX, Nordics, Russia, Poland & Rest of Europe)
  • Asia Pacific (China, India, Japan, ASEAN, Australia & New Zealand, and the Rest of APAC)
  • The Middle East & Africa (GCC, North Africa, Tanzania, Ethiopia, Nigeria, Malawi, Kenya, South Africa & Rest of MEA)

About FMI

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 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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Food Authenticity Testing Services Market Growing at a CAGR of 6% During Forecast Period 2023 to 2033

In 2023, the US$ 5893 million for the food authenticity testing service market is estimated to reach a revised size of US$ 10112.8 million by 2033. This market is expected to expand at a CAGR of 6% during the analysis period.

Consumers have become increasingly skeptical about the authenticity of food products designed to meet specific needs, such as vegan, free-form, and organic. This is due to intentional ingredient substitution, misleading consumers with false claims, and disruptive labeling.

To differentiate their products from conventional offerings, food manufacturers have adopted food authentication techniques to capture significant market share. Consumers are increasingly concerned about food safety and clean labels, so adoption may be on the rise.

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The increasing incidence of fraud, false labeling, certification, and adulteration in food products is one factor driving the market growth. Additionally, consumers are becoming more knowledgeable about food quality, increasing market growth.

“The epidemic of economically motivated infestation (EMA) to overcome competition has forced governments to impose strict regulations on food inspection and authenticity regulations, pushing markets toward a multi-billion-dollar valuation.” – says a lead analyst at Future Market Insights.

Key Takeaways from Market Study

  • The food authenticity testing service market is expected to grow at a CAGR of 6% over the forecast period.
  • It is estimated that the food authenticity testing service market in North America will remain strong during the forecast period.
  • Due to its large population, Asia Pacific is expected to be the fastest-growing region for food authenticity testing services
  • Testing meat speciation authenticity is bolstered by a high incidence of meat consumption
  • The food authenticity testing services market in China is expected to witness significant growth at a CAGR of around 4.4%.

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Competitive Landscape:

The global food authenticity testing service market is dominated by a small number of players aiming to concentrate their presence in emerging markets. They launch products, introduce innovations, acquire strategic companies, and establish laboratories and research facilities in areas that are not developed. By offering innovative products, market players can maintain supply and demand, thus assisting the growth of the overall market.

Several prominent companies dominate this market, including ALS Ltd, EMSL Analytical, Inc., Genetic ID NA Inc., Eurofins Scientific SE, Merieux NutriSciences Corporation, Intertek Group PLC, Microbac Laboratories Inc., SGS SA, Romer Labs, others.

Recent Developments:

  • In collaboration with Eurofins GeneScan Technologies GmbH in October 2019, UgenTec’s real-time PCR analysis software platform, FastFinder, may be used to develop assay plugins for Eurofins GeneScan Technologies’ portfolio of molecular biology kits. Furthermore, the partnership can help Eurofins scale up its assays with automated results reports and fast sample-to-result times for food, feed, and seed testing.
  • With the acquisition of Vanguard Sciences Inc. in January 2018, SGS expanded its global network of agriculture and food laboratories by integrating the company’s two food laboratories. Agricultural and food testing is provided by two laboratories, including product testing and research (including testing of processes and products).
  • SGS announces the opening of its new food testing laboratory in Papua New Guinea. In addition to food safety, quality, and sustainability, SGS offers a comprehensive range of services.

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Food Authenticity Testing Services Market Segmentation by Category

By Food Tested:

  • Meat & Meat Products
  • Dairy & Dairy Products
  • Processed Foods
  • Other Food Tested

By Target Testing:

  • Meat Speciation
  • Country of Origin & Ageing
  • Adulteration
  • False Labelling

By Technology:

  • PCR-Based
  • Liquid Chromatography-Mass Spectrometry (LC-MS)
  • Isotope
  • Immunoassay Based/ELISA
  • Other Technologies

By Region:

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

About FMI

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 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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Vegan Protein Powder Market will rise at a 7.2% CAGR between 2022 and 2032 | Data by Future Market Insights Inc. 

By 2022, the market for vegan protein powder is projected to be worth USD 4,326.2 million, growing at a CAGR of 7.2% between 2022 and 2032. Sales of soy-based vegan protein powder are anticipated to make up about 26.8% of the market’s total demand in 2032 when it is expected to reach a value of USD 8,670.7 Mn.

The global demand for vegan protein powders has risen strongly in 2020, even though the coronavirus pandemic has impacted the market marginally owing to lockdown measures. The prospects of the industry are positive through 2027 as per a recent study by Future Market Insights (FMI). The report has indicated that the market will witness promising growth in the near future, with demand for nutraceuticals and supplements during the pandemic.

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In a report by FMI, it is stated that vegan protein powders based out of natural sources such as soy and pea will remain highly sought after for applications in the food and beverage processing sector, and also in health and wellness products. Direct sales approaches have proven more fruitful, with consumers choosing to use company websites for better deals on purchases.

The vegan protein powder market displays strong growth on account of health concerns over meat consumption and growing awareness about the ethics of animal farming. Also, the wider range of product flavours and investments towards product functionality in muscle repair, and maintenance for fitness enthusiasts will aid the market for the foreseeable future.

While sales of vegan protein powders are gaining ground rapidly, consumer preference for animal-based products, lack of clean label certifications, and poor consumer awareness in developing countries are obstacles for players in the industry.

The report by FMI offers an exhaustive overview, covering critical market dynamics. Some of the major takeaways from the study include:

  • Market is estimated at 4.7 billion in 2020, with demand rising steadily during the coronavirus pandemic
  • Soy-based vegan protein powders remain highly sought after owing to higher product awareness and visibility
  • Food processing applications of vegan protein powder witnessing strong demand owing to demand for functional foods and beverages
  • Sales in the North America are critical to market development, owing to extensive applications in sports nutrition applications. However, South Asia & Oceania is displaying lucrative growth opportunities for market players with a vast vegan and vegetarian population base

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Covid-19 Impact on Vegan Protein Powder Market

The demand for vegan protein powders is expected to be marginally impacted by the coronavirus pandemic. The industry is likely to face minor supply chain interruptions during this period, owing to lockdown restrictions affecting transport and logistics.

On the other hand, the demand for functional foods and nutraceuticals during this period will positively affect the market. Online sales are likely to witness an increase, even as small retailers are forced to temporarily shut operations.

On the other hand, the effects of the pandemic on the agriculture sector will have an important effect on market development, as viral transmission among farm laborers remain a concern.

Who is Winning?

In the study, FMI has analyzed the various business strategies being used by major companies in the vegan protein powder market. Leading market players are emphasizing widening their product portfolio with product development products in addition to capacity expansion and geographic expansion through industry collaboration for stronger distribution networks.

Some of the key players in the market include Archer Daniels Midland Company, AGT Food and Ingredients, Cargill Inc., A&B Ingredients, Ingredion Inc., The Scoular Company, Green Lab LLC, Kerry Group, and Roquette Freres among others.

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Vegan Protein Powder market Segmentation

Source

  • Soy
  • Wheat
  • Pea
  • Others

Flavors

  • Unflavored
  • Chocolate
  • Vanilla
  • Strawberry
  • Blueberry
  • Others

Application

  • Food Processing
  • Nutritional Products
  • Animal Feed
  • Household (Retail)
  • Others

Distribution Channel

  • Direct Sales
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Pharmacy & Drug Stores
  • Online Stores
  • Others

Regional Outlook

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Peru, Argentina, Chile, Rest of LATAM)
  • Europe (EU-4, U.K., BENELUX, Nordics, Eastern Europe, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia, Rest of South Asia & Oceania)
  • Middle East & Africa (GCC Countries, Northern Africa, South Africa, Turkey, Rest of MEA)

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Key Questions Answered in the Report

  • What is the size of the vegan protein powder market?

The global vegan protein powder market is estimated to have reached a value of US$ 4.4 billion in 2020. The industry will rise at a 6.6% CAGR between 2019 and 2027.

  • Which is the largest market for vegan protein powder?

North America is the leading market for vegan protein powders. Growing levels of health consciousness among consumers and the expansion of vegan populations aid market growth.

  • Which are the top companies in vegan protein powder market?

Some of the leading companies operating in the market are Archer Daniels Midland Company, AGT Food and Ingredients, Cargill Inc., A&B Ingredients, Ingredion Inc., The Scoular Company, and The Kerry Group among others.

  • What are the applications of vegan protein powder?

Vegan protein powders are finding use in the food and beverages sector, and is popular among people suffering from allergies. Vegan protein powders are also increasingly playing roles in animal feedstock formulations to keep up with consumer biases.

  • From what materials are vegan protein powders sourced?

Vegan protein powders are extracted from three major plant sources. These include soy, wheat, and peas. Of these, soy protein powders are highly popular and are estimated to account for more than 50% of the overall market share by 2027.

  • Will South Asia & Oceania exhibit higher demand for vegan protein powder?

Countries in South Asia and Oceania are potentially lucrative markets for vegan protein powder manufacturers. The rise in health awareness coupled with a substantial vegan and vegetarian population in the region drives growth.

About FMI

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 favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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Chickpea Protein Market is projected to reach a valuation of US$ 165.1 million by 2033 | Future Market Insights Inc. 

The global chickpea protein market is predicted to register a CAGR of 5.1% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 100.9 million in 2023 to US$ 165.1 million by 2033 end.

Chickpea protein consumption is anticipated to increase due to increasing demand from the food industry. The extensive use of chickpea protein in the food and pastry kitchen industry is expected to positively influence over the next 10 years. An increasing shift in food consumption patterns favoring meat electives and prepared food items is predicted to stimulate market growth.

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Development of alternative meat formulations for categories like snacks, dressings, etc., is forecast to catalyze market development in the coming years. The affordability, versatility, and nutrient-rich properties of chickpeas are expected to help the market incline forward. The usage of chickpea protein for weight management, safety from chronic diseases, and stimulating other aspects of health is projected to push the market growth in the years to come.

Top Highlights from the FMI’s Analysis of the Chickpea Protein Market: 

  • North America is assessed to lead the global market over the next 10 years. The United States chickpea protein industry is projected to attain US$ 53.6 million by 2033. The CAGR assumed for the United States market is anticipated to be 7% over the forecast period.
  • In the Europe region, Germany is projected to hold a significant market percentage. The German market is anticipated to attain US$ 13.21 million by 2033. Over the forecast period, the market is expected to expand at 4% CAGR.
  • The United Kingdom market is predicted to attain US$ 8.3 million by the end of 2033. Over the upcoming years, the market is anticipated to register a 6% CAGR.
  • In the European region, the Spain market is expected to exhibit significant growth, expanding at a CAGR of 2% over the forecast period. The market is set to achieve a market valuation of US$ 7.1 million by 2033.
  • Within the Asia Pacific region, China’s contribution is anticipated to stand out. By the end of 2033, the China market is expected to attain US$ 17.8 million. The market is projected to perceive a growth rate of 4% over the forthcoming years.
  • The protein isolates segment, based on product type, is expected to register a 4% CAGR, up from the 3.6% CAGR observed in the historical period.
  • The conventional chickpea protein vertical, based on nature, is projected to expand at a CAGR of 5% from 2023 to 2033, lifting from the 3% CAGR witnessed in recent years.

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Key Developments Stirring Up the Marketplace

  • In March 2023, new, innovative food products developed using InnovoPro’s chickpea protein are planned to be showcased in snacks, dressings, dairy, and meat alternatives categories. These newly developed products are expected to be showcased at Natural Products Expo West 2023.
  • In September 2022, Ingredion Inc. announced its equity stake in InnovoPro, a chickpea ingredient developer.

Chickpea Protein Market Segmentation

By Product Type:

  • Protein Isolates
  • Protein Concentrates
  • Flour
  • Other Product Types

By Nature:

  • Organic
  • Conventional

By End User:

  • Food Processing
    • Bakery & Confectionery
    • Meat Alternatives
    • Functional Foods
    • Dairy Replacements
    • Infant Foods
    • Other Food Applications
  • Animal Feed
    • Livestock
      • Cattle
      • Swine
      • Poultry
    • Pet Food
    • Aquafeed
  • Nutraceuticals
  • Sports Nutrition
  • Infant Nutrition

By Processing Type:

  • Dry Processing
  • Wet Processing

About FMI

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 favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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Herbs and Spices Market is projected to reach a valuation of US$ 243 Billion by 2033 | Future Market Insights Inc.

The herbs and spices market is predicted to grow at a CAGR of 3.6% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 171 Bn in 2023 to US$ 243 Bn by 2033 end.

Herbs and spices are traditionally incorporated into food and beverages to add fragrance, flavor, taste, and variety. They are also added to food products as additives or antibacterial condiments. Developers utilize herbs and spices to enhance the food quality and taste, along with increasing its shelf life.

Expanding curiosity for ethnic food products and customer willingness to explore different cuisines is leading to expanded item contributions. Increasing customer interest in high-quality food products, tastes, and an assortment of spices is projected to boost market expansion.

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The growing popularity of veganism is boosting the demand for a plant-based diet that utilizes herbs and spices. Additionally, the producers of herbs and spices have stepped into the digital realm, selling the condiments online for buyer convenience. However, the online market for herbs and spices is still in its emerging stage. This is because the majority of customers still prefer buying directly to be sure of the quality of herbs and spices they are purchasing.

Key Takeaways from the Herbs and Spices Market: 

  • The China herbs and spices market is projected to lead the global market. By 2033, the market is forecast to generate the largest revenue of US$ 36.7 Bn, accelerating at a CAGR of 3%. Rising consumer expectations, along with the dramatic increase in manufacturing capabilities in China, are positively influencing the market growth.
  • South Korea is emerging as the fastest-growing economy in the global herbs and spices market. The country is projected to represent a CAGR of 5.5% over the forecast period. An increasing number of consumers exploring global cuisines via countries’ traditional sauces is expected to result in market expansion.
  • In Japan, herbs and spices are used to uplift the cooking. They are used as flavor enhancers to accentuate the other ingredients instead of modifying their natural flavors. The Japan herbs and spices market is projected to be valued at US$ 7 Bn by 2033, exhibiting a CAGR of 3.6%.
  • Under the product type category, herbs are witnessing heightened demand, reflected in its CAGR of 3% for the forecast period. Health benefits associated with consuming and incorporating herb-enriched meals in the meal plan are projected to propel the demand for herbs.
  • Herbs and spices are observing increased inclusion in food. The growth in the food segment can be backed by the profuse consumption of food products the world over and the opening up of new food stores in its response. The segment is projected to grow at a CAGR of 3.4% in the next decade.

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News Featuring Market Developments by Companies Providing Herbs and Spices:

In December 2020, McCormick & Company Inc. unveiled that it has acquired FONA International, LLC, which is a leading producer of clean and natural flavors. The latter caters to diversified consumer base from various application segments like beverage, food, and nutritional markets. The complete acquisition was worth US$ 710 million.

In May 2021, Olam Food Ingredients (“OFI”) revealed that it has acquired Olde Thompson, a leading US private label manufacturer of spices and seasonings. The acquisition was completed at Enterprise Value of US$ 950 million.

Herbs and Spices Market by Category

Product type:

  • Herbs
  • Spices
  • Paprila (Hot Pepper)
  • Cumin

End Use:

  • Food
    • Sauces, Dressings, and Condiments
    • Bakery and Confectionery
      • Breads/Cakes
      • Biscuits
      • Snacks
      • Candies
      • Other Baked Goods
    • Dairy Products
      • Flavored Milk
      • Cheese/Cheese Products
      • Butter Ice Creams
      • Other Dairy Products
    • Snacks & Savory Products
    • Processed Food
    • Soups
    • Flavored/Infused Oils
    • Others
  • Beverage
  • Food Service
  • Retail

Form:

  • Powder & Granules
  • Flakes
  • Paste
  • Whole/Fresh

Sales channel:

  • Direct
  • Indirect
    • Store-based Retailing
    • Online Retail

Nature:

  • Organic
  • Vegan
  • Natural
  • Non-GMO
  • Conventional

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About FMI

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 favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact Us:

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 Other Reports: https://www.futuremarketinsights.com/reports
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