Market Research Blog

The market for talent as a service is expected to reach US$ 1,173.6 million by 2032, growing at a CAGR of 11.7% from 2022 to 2032. Its estimated value of US$ 387.0 million in 2022. Future Market Insights estimates that the talent as a service market will increase from USD 266.3 million in 2018 to USD 351.5 million in 2021, growing at a CAGR of 12.3%.

Organizations are creating massive amounts of data as a result of digitalization, and pressure is rising to use that data to their advantage to remain competitive. Cloud-based technologies are increasingly being used by government agencies to translate massive volumes of data into usable knowledge. For major players, talent as a service has proven to be a critical competitive advantage.

Businesses are migrating to cloud-based software due to the various flexible payment and plan options. Furthermore, the availability of customized packages is determined by a range of circumstances such as operating hours, user count, and so on.

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This feature lowers the program’s cost and makes it more accessible to small enterprises. As a result, cloud-based talent as a service offers organizations a customizable approach.

For emerging start-ups, the talent as a service model has shown to be a very advantageous arrangement. It is less expensive, takes less time, and yields comparable results to a full-fledged hiring procedure. Talent as a service will become more and more well-known over time. It might entirely replace the drawn-out hiring procedure.

The model is positioned as an attractive choice for any organization due to how practical and reasonably priced it is the demand for qualified people in the healthcare business is expanding, which is anticipated to contribute to the advancement of human capital management systems.

Key takeaways from the talent as a service market

• Japan is expected to have the fastest growth. The market’s growth may be largely due to businesses implementing cutting-edge technologies.
• Asia-Pacific is expected to have considerable development between 2022 and 2032 at a CAGR of 10.5% due to an increase in regional governments’ digitization initiatives.
• Europe is anticipated to have considerable growth throughout the anticipated timeframe.
• The market has been dominated by the United States, and this is likely to continue for some time.
• The need for management solutions throughout the BFSI sector is being driven by the changing dynamics of employee relationships and the industry’s growing dependence on digitalization for management.

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What is the Competition Outlook in the Talent as a Service Market?

Talentsoft, IBM Corporation, Oracle Corporation, Cisco Systems, Inc., CornerStone OnDemand, Inc., and other prominent participants in the sector are a few examples.

These companies are now offering cutting-edge solutions that use cutting-edge innovations like AI, cloud computing, and others. Significant organizations are also turning to acquisition techniques to strengthen their positions as a result of fierce market competition.

Recent Developments in the Market for Talent as a Service

• Crafty, an HR technology startup, was purchased by Talentsoft in June 2020 to merge Crafty skills graphs with Talentsoft’s talent acquisition, learning, and management platform. Through the talent marketplace and employee talent profile, the company will manage talents and acquire matching ideas. The purchase was made to improve talent management and internal organizational mobility.
• Lattice and ADP, Inc. have formed a strategic alliance to give users a connection that allows them to conveniently manage and exchange personnel data across the two systems. This interface would help human resource (HR) teams manage worker data more effectively, eliminating duplicate data input time and boosting security.

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Market segmentation

Training Type:

• Internal
• External

End User:

• Banking
• Insurance
• Retail
• IT and Telecom
• Services
• Government and Defense
• Manufacturing
• Logistics

By Region:

• North America
• Latin America
• Asia Pacific
• Eastern Europe
• Western Europe
• Japan

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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 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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The high Protein Flour Market is expected to be valued at US$ 52.4 Bn by 2032 & predicted to rise at CAGR of 11.4% in the duration of 2032. FMI, in its upcoming business report, elaborates the historical and current scenario of the global High Protein Flour market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions, and players on the basis of demand patterns and growth prospects.

With 1000+ market research reports and 1 billion+ data points, Future Market Insights (FMI) serves each and every requirement of the clients operating in the global packaging industry. FMI deploys digital intelligence solutions to offer compelling insights to report buyers that help them in overcoming market challenges, especially in the time of crisis. Our dedicated team of professionals performs an extensive survey for gathering accurate information associated with the market.

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Crucial information and forecast statistics covered in the High Protein Flour market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on High Protein Flour Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the High Protein Flour market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the High Protein Flour market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the High Protein Flour market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Why Choose Future Market Insights

• Serving domestic and international clients 24/7
• Prompt and efficient customer service
• Data collected from reliable primary and secondary sources
• Highly trained and experienced team of research analysts
• Seamless delivery of tailor-made market research reports

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High Protein Flour Market: Segmentation

High Protein Flour Market By Nature (Organic and Conventional), Type (Unbleached and Bleached), Source (Wheat and Almond), End User (Food and beverages, Bakery, Confectionery, Dairy, Animal feed, Retail), Distribution Channel (Hypermarkets, Supermarkets) & Region – Forecast 2022 – 2032

High Protein Flour Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the High Protein Flour market. Competitive information detailed in the High Protein Flour market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the High Protein Flour market report.

 Key players covered in the report include:

Archer Daniels Midland Company, Unilever Inc., ITC Ltd., Konagra Brands Inc., The Pillsbury Company LLC, General Mills, King Arthur Flour Company Inc., and North American Millers’ Association are some of the prominent competitors in the high protein flour market.

Important Questions Answered in the High Protein Flour Market Report

• Which end user remains the top revenue contributor in different regional markets?
• At what rate has the global High Protein Flour market been expanding during the forecast period?
• How will the global High Protein Flour market look like by the end of the forecast period?
• What innovative strategies are adopted by High Protein Flour market players to stay ahead of the pack?
• What are the restraints affecting the growth of the global High Protein Flour market?

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Key Offerings of the Report

• Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
• Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
• Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
• Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
• Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the High Protein Flour market

About Future Market Insights (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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Encapsulated Sodium Bicarbonate Market is expected to reach greater heights in 2032, likely to surge at a CAGR growth during the period 2022-2032

Encapsulated sodium bicarbonate is manufactured by coating the surface of sodium bicarbonate salt with hydrogenated vegetable oil. The significance of encapsulation is that it controls the chemical activity and release of carbon dioxide, thereby enhancing the quality of the product. Encapsulated sodium bicarbonate also plays an important role in the manufacturing process by reducing the additional costs of baking soda. The most commonly used vegetable oils for the encapsulated sodium bicarbonate are cottonseed oil and palm oil.

Hence, the fluctuation in the supply of raw materials is a key regulator affecting the stability of the encapsulated sodium bicarbonate market. The growing encapsulation technology is making its mark in various spaces such as flavors, colours, emulsification, etc. Encapsulated sodium bicarbonate market is likely to witness growth concomitantly along with all the other encapsulation technology segments.

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Demand for better quality in processed food is driving the encapsulated sodium bicarbonate market growth

The encapsulation technology has witnessed numerous advancements in terms of microencapsulation technologies and its range of applications have also expanded to include segments such as dairy products, functional food, and animal nutrition. Manufacturers across the globe are investing in microencapsulation technology which enhances the characteristics of the flavour, taste and texture profile. Encapsulated sodium bicarbonate troubleshoots the problem associated with the addition of baking agents and restores the activity of leavening agents for a longer period of time.

Some of the issues encapsulated sodium bicarbonate deals with change in dough texture, sponginess of the dough which is affected by air, etc. Hence, encapsulated sodium bicarbonate enables better shelf-life stability. Key global manufacturers are also investing significantly in R&D of encapsulation technologies, propelling the growth of the encapsulated sodium bicarbonate market. Encapsulated sodium bicarbonate is beneficial for food ingredient delivery system owing to its non-toxic nature.

However, it involves high-cost equipment and production processes. One of the major factors that is hampering the growth of the encapsulated sodium bicarbonate market is additional costs incurred during production. The cost of the encapsulated sodium bicarbonate is higher than the cost of the end-product, which acts as a restraint for the encapsulated sodium bicarbonate market. Thus, to curb high costs, companies are focused on developing advanced processing and formulation technologies in the encapsulated sodium bicarbonate market.

Encapsulated Sodium Bicarbonate Market: Regional Analysis

Increasing consumption of artisan bakery products in the developed countries sets the product apart from the rest, as it has been prepared with real, extraordinary expertise and skills. These positive aspects of the bakery industry are fuelling the encapsulated sodium bicarbonate market growth in these regions.

In the developing countries, a sudden increase in the middle-class consumers and an increased purchasing power has led to rising in the consumption of specialty bakery products which is fuelling the growth of the encapsulated sodium bicarbonate market.

Apart from these factors, the easy procurement of raw material such as coating agents for encapsulated sodium bicarbonate is also driving the market growth. Hence, Asia Pacific is a lucrative region for the encapsulated sodium bicarbonate market.

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Encapsulated Sodium Bicarbonate Market: Key Participants

Some of the market participants in the Encapsulated Sodium Bicarbonate market are:

• Clabber Girl Corporation
• Watson Inc.
• Veripan Ltd
• VEDEQSA
• Ingrizo NV
• Basic Equine Health LLC
• Indukern
• Indukern, S.A

The research report presents a comprehensive assessment of the Encapsulated Sodium Bicarbonate 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 product type, application, and end use.

Encapsulated Sodium Bicarbonate Segmentation

On the basis of encapsulating agent, the Encapsulated Sodium Bicarbonate market is segmented into-

• Cotton seed oil
• Palm oil
• Others

On the basis of end use industry, the encapsulated sodium bicarbonate market is segmented into-

• Bakery Industry
• Bread
• Baguette
• Bagels
• Buns & Rolls
• Loaves
• Cakes
• Muffins
• Cream pastries
• Patisseries
• Viennoiserie
• Premixes
• Animal Feed Industry

On the basis of grade, the encapsulated sodium bicarbonate market is segmented into-

• Food Grade
• Feed Grade

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Report Highlights:

• Detailed overview of parent market
• Changing dynamics of the Encapsulated Sodium Bicarbonate 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 Encapsulated Sodium Bicarbonate market
• Competitive landscape of the Encapsulated Sodium Bicarbonate market
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on Encapsulated Sodium Bicarbonate market performance
• Must-have information for Encapsulated Sodium Bicarbonate market players to sustain and enhance their market footprint

About Future Market Insights (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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The global gluten-free pizza crust market size is projected to be valued at US$ 3.3 Bn in 2022 and is expected to witness growth at 7% CAGR between 2022 and 2032. Increasing consumption of fast-food coupled with the rising prevalence of gluten-intolerance is driving the demand in the market.

The gluten-free pizza crust is used to prepare crisp and tender pizza dough, crackers, breadsticks, etc. The gluten-free pizza crust is made from a complex flour that is a mixture of rice flour, milk powder, starch, etc., and usually contains 50% of starches and the rest 50% of different flours.

Gluten-free products provide various health benefits such as increased energy levels, improves digestive health, helps to lower cholesterol, etc., and therefore, health-conscious consumers might prefer the use of gluten-free food products, and thus, demand for gluten-free pizza crust might increase.

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Gluten-free pizza crust Market: Dynamics

Due to the increase in urbanization, the influence of western culture, the increase in franchise outlets, increase in disposable income, etc., the demand for pizza is increasing and therefore might serve as a driver for the gluten-free pizza crust market.

Also, due to an increase in health awareness, consumers prefer the use of organic and gluten-free food ingredients in the food recipes and thus the pizza franchise outlets can make use of gluten-free pizza crust in their food recipes and this might help to attract health-conscious food lovers and therefore there might be an increase in the demand for gluten-free pizza crust.

The increase in the prevalence of gluten sensitivity might serve as one of the drivers that might help increase the gluten-free pizza crust market. The food recipes developed using gluten-free pizza crust can be consumed by the customers having gluten sensitivity and therefore the market for gluten-free pizza crust might increase.

Gluten has disadvantages such as it causes bloating, weight gain, intestinal damage due to immune reaction, digestion problems, etc. and therefore, consumers are switching towards the use of gluten-free products. The use of gluten-free products can provide various health benefits as it can reduce cholesterol, reduces the risk of autoimmune disorders, improves digestion, etc.

Therefore, as gluten-free products provide several health benefits, the manufacturers of food products might prefer the use of gluten-free pizza crust, and thus, the demand for gluten-free pizza crust might increase.

The prices of gluten free-pizza are generally higher than the regular pizza. The difference in financial condition, confusion about the healthy food products and the difference in the taste of the food product might serve as a restraint for the gluten-free pizza crust market.

Gluten-free pizza crust Market: Prominent Players

Some of the major key players that provide gluten-free pizza crusts are Udi’s Gluten Free, Glutino, King Arthur Flour, Namaste Foods, Nu Life Market, Bob’s Red Mill, Cup4Cup, Vicolo, etc.

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Gluten-free pizza crust Market: Regional Overview

The young population is the main consumer of pizza and therefore is an important driver for the gluten-free pizza crust market. India has more than 50% of the population that is below the age of 30 has largest youth population, while China, Indonesia, the U.S. are also among the top five countries with the highest youth population.

Therefore, due to the high youth population, the influence of western culture, and the increase in disposable income, the gluten-free pizza crust market might experience growth in Asia.

Gluten-free pizza crust Market: Competitive Analysis

The increase in competition in the pizza business is the major factor that might increase the demand for gluten-free pizza crust. Domino’s is one of the topmost pizza companies and has other competitors such as Pizza Hut, Papa John’s, etc.

The pizza companies are providing a special range of gluten-free pizza, for e.g. Domino’s provides varieties of gluten-free pizza such as pepperoni pizza, cheese garlic pizza, ham & cheese pizza, etc. As the demand for pizza is increasing, the number of pizza chains are simultaneously increasing, and therefore, to stay at the forefront, companies might use gluten-free pizza crust to attract health-conscious consumers.

The research report presents a comprehensive assessment of the Gluten-free pizza crust 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 Gluten-free pizza crust market segments such as geographies, type, application, and end-use.

Key Segments Profiled in the Gluten-Free Pizza Crust Industry Survey

By Nature:

Organic
Conventional

By End-Use:

Retail
Caterers
Bakeries
Others (e.g. Restaurants, etc.)

By Distribution channel:

Hypermarket/Supermarket
Online Retailing
Specialty Stores
Others (e.g. Direct Selling, etc.)

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa

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Frequently Asked Questions

What is the demand outlook for gluten-free pizza crust market?
Which region is considered to be the most lucrative gluten-free pizza crust market?
What will be the global gluten-free pizza crust market worth in 2032?

About Future Market Insights (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:

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The vanillin market is expected to observe growth at a CAGR of 6.6% and touch a valuation of USD 1.12 bn by 2032, while it holds a revenue of USD 519 Mn in 2022

Consumer buying behavior has changed drastically. They are consuming natural products that do not contain any preservatives.  As a result, the demand for functional products that are rich in minerals or other essential vitamins to maintain good health is expected to rise, driving up the sales of vanillin. This is expected to push demand for vanillin which has anti-oxidative, and anti-inflammatory properties. Vanillin is the key flavoring additive in many food products and beverages, pushing the demand for vanillin globally.

Demand for vanillin is rising with its used bakery in products like cakes, bread rolls, cookies, chocolates, and confectionary items like sauces and syrups. It is also used in the cosmetic industry to add a peculiar aroma to different soaps, shampoos, and fragrances and in animal feeds. These widespread applications are expected to drive the demand for vanillin. As consumers prefer clean-label products demand for natural vanillin is expected to rise in multitude.

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Due to the scarcity of natural vanilla beans used for the extraction of vanillin. Key players are investing in developing technologies to produce vanillin in labs, increasing the demand for vanillin. As the population increases the demand for food is expected to rise and so companies that formulate vanillin, which is not harmful for consumption, is expected to generate revenue in the near future. Many companies are collaborating and expanding their production facilities in order to multiply production to fulfil consumer demand, pushing the sales of vanillin.

Sales of vanillin is attributed to the increasing consumer snaking habit as they continue to work from home in order to control the spread of virus is expected to propel the demand in vanillin. Urbanization and consumer willingness to splurge on food additives for enhanced food flavor and texture is expected to bring in many opportunities for vanillin market in North America and Europe. The consumption of vanillin is already high in Asia pacific counties like China due to presence of ample manufacturing units.

Key Takeaways from Market Study

• The vanillin market is expected to increase at CAGRs of 6.1% in North America to is expected to reach a valuation of USD 216 Mn.
• Asia Pacific is expected to account for 30% market share during the assessment year.
• The European vanillin market is expected to reach at USD 130 Mn by the end of the forecast period.
• Rising consumer inclination for organic products with no chemical additives is driving sales of natural vanillin products in the market globally, increasing the sales of vanillin
• By application, the food and beverage industry holds the highest market share and is expected to increase at a CAGR of 6.5%.

 “Manufacturers concentrating on technology to formulate vanillin in-house are expected to generate maximum revenue. Brands that emphasize sustainable practices and focus on packaging and labelling are expected to stand out among the competition.” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of vanillin are emphasizing research & development to offer differentiated products with no chemical components. Key players are working together and developing new product lines to enter untapped market places. New market players also push the demand for vanillin.

• Recently, Solvay is expanding its European organic vanillin production capabilities by 60 metric tonnes, demonstrating its dedication to satisfy long-term growth projections for natural food and beverage ingredients. Demand for vanillin rises with the additional capacity is targeted to support Solvay’s global customer base for its natural and clean label needs in food.
• Prinova NAGASE group has introduced its new vanillin natural under its Aroma chemicals LLC that covers the market applications of flavor & fragrance while it comes in the standard carton pack of 25 kg, increasing the sales of vanillin globally.
• Lately, Merck has tied up with a new chemical form of vanillin for industrial applications, focusing on solubility and effectiveness, fueling the sales of vanillin extracts and products in new regional spaces.

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Vanillin Market by Category

By Application:

• Food
• Beverage
• Pharmaceuticals
• Other Applications

By Form:

• Natural Vanillin
• Synthetic Vanillin

By Region:

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

About Future Market Insights (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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T: +1-845-579-5705
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The global port wine market is set to witness a significant CAGR of 8.1% and is anticipated to reach a valuation of around USD 2,011.9 Million by 2032.

The major factors influencing the expansion of the port wine market are consumer alcohol trends. Consumers are trying various types of alcohol, particularly craft beer, whiskey, and premium wines.

Port wine is less acidic, which acts as an important factor for the growth of the port wine market, as consumers who favor less acidic liquors have shown a preference for port wine.

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Increasing awareness about the unidentified health benefits of port wine, such as the presence of the antioxidant resveratrol, through social media platforms and communication technology, is also expected to propel the port wine market’s growth.

Nowadays, consumers are more concerned about the process of production and origin of specific alcohol; thus, instructional marketing is a strategy to help the port wine market share growth. The introduction of new flavors, such as cinnamon, raspberry, chocolate, caramel, and others, result in enormous growth opportunities for the port wine market.

As the world’s largest wine consumer, the United States continues to be a focus for many global port wine makers. Due mostly to the rise of upper-middle-class urban customers, the Indian port wine market has emerged as the most rapidly growing alcoholic beverage category in the past ten years.

Key Takeaways from Market Study

• The market is segmented based on nature, wherein the red port wine is anticipated to account for a significant global port wine market share in 2022.
• White wine is expected to witness a lucrative growth rate of 9.2% during the forecast period.
• The European port wine market is anticipated to dominate the global market, with a share of around 34.2% in 2022.
• South Asia is expected to witness a lucrative growth rate in the port wine market during the forecast period.
• On the basis of sales channels, the liquor store is expected to hold a dominating port wine market share in 2022, but the online retail store is expected to witness a lucrative growth rate over the forecast period.
• Based on product type, tawny port wine is dominating the global port wine market in 2022.

“The port wine manufacturers are primarily focusing on investing in promotional and advertising activities to increase the sales in specific regions, such as South Asia and East Asia,” says a Future Market Insights analyst.

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Competitive Landscape

In order to increase revenue and generate sales from regions such as the Middle East and Africa, the companies are focusing on reaching consumers in several untapped markets. There are several regions where premium port wines from other countries are exported. This raises the price of premium products, reducing sales in these regions.

Symington Family, La Martiniquaise, Sogrape, Fladgate Partnership, Sogevinus, A ACálem, C N Kopke, Cockburn Smiths &CompanhiaLda, Delaforce Sons & Companhia, Martinez Gassiot, Vinhos SA, Ramos Pinto, Warren & Companhia, SA, Wiese & Krohn, Sucrs, Lda, and Others are the major participants in the port wine market.

Recent Developments:

• In 2020, Premium Port Wines, the US importer for leading Port producer Symington Family Estates, is pleased to announce the launch of Fine and Vintage Wines, an online retail store offering the finest Ports, Madeiras, and Douro table wines direct from the producers’ cellars in Portugal.
• In 2021, Taylor’s launched a digital campaign to coincide with the ‘Port season’ of fortified wine-drinking occasions, which includes Halloween, Bonfire Night, Christmas, and New Year’s Eve.

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Port Wine Market by Category

By Nature:

• Red Wine
• Port Wine

By Product Type:

• Ruby]
• Tawny
• Vintage
• Rose
• Others

By Sales Channel:

• Modern Trade
• Restaurants & Bars
• Tasting Rooms
• Online Retail Stores
• Travel Retail Stores

By Region:

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

Explore More Valuable Insights

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

The study offers compelling insights based on the nature (red wine and white wine), by product type (ruby, tawny, vintage, rose, and others), by sale channel (liquor stores, modern trade, restaurants, and bars, tasting rooms, online retail store, and travel retail stores), across seven major regions of the world.

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Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

About Future Market Insights (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:

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The global soy-based food market is set to witness growth at a CAGR of 5.8% over the forecast period (2022-2032) and top a valuation of USD 27.1 Bn by 2032.

Nutritious value and versatility of ingestible forms act as growth levers for the global soy-based food market. As consumers move towards health-conscious diets, soy food products present an ideal alternative for dairy, meat, and poultry-intensive diets.

The prevalence of heart diseases is creating a lateral shift in consumer preference for cooking oil. Heart diseases are a leading cause of mortality in the US, causing about 650, 000 deaths every year. Health-conscious consumers are looking for low bad-cholesterol heart-friendly alternatives to conventional cooking oil. This has changed the soy-based food market outlook very positively.

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Although presence of alternatives such as olive oil is hindering the soy-based food market growth, the manufacturers are expanding their production capacities to distribute their products at competitive pricing.

According to the World Soy Oil Processors Association (SOPA), the global soy oil production in 2019-2020 was more than 56 million metric tons. Soy-oil is a healthier alternative; and the soy-based food market analysis indicates that the successful marketing campaigns are viewing millennials and geriatrics as their target consumer base.

While consumers have been increasingly shifting towards health-centric products, the COVID-19 pandemic has provided further impetus to the soy-based food market trend. Amid nationwide lockdowns in several countries, many leading meat plants have been shut down in order to avoid further contagion of coronavirus. This potential of scarcity of meat supply is influencing consumers to turn to plant-based meat products, with meat alternatives such as tofu witnessing phenomenal sales in developed regions. Such trends have worked in favour of soy food products market and changed the global outlook drastically.

Key Takeaways from Market Study

• East Asia is expected to dominate the soy-based food market by accounting for the maximum market value share of about 25% by 2022 end.
• Rising demand for meat substitutes is expected to result in a subsequent increase in the demand for soy-based food in different regions across the globe which is predicted to rise considerably during the assessment period (2022-2032)
• By product type, tofu is expected to account for a considerable market value share of the global market by 2022 end
• Presence of soy-based food products as ingredients in non-vegetarian dishes makes them easy to digest and enhances their flavor which is predicted to influence the demand for soy-based meat products in the near future
• Indirect channel is expected to account for a highest soy-based food market share by 2032 end.

 “Vegetarians who can’t consume meat products are looking for an alternative that provides the same amount of nutritional value owing to which the demand for soy-based food is expected to show an impressive increase in the coming decade”, says a Future Market Insights analyst.

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More Insights into the Soy-Based Food Market Report

In its latest report, FMI offers an unbiased analysis of the global soy-based food market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on type (meat substitutes (textured vegetable protein, tofu, tempeh), non-dairy yogurt, non-dairy spread, non-dairy ice cream, non-dairy cheese), application (meat products, dairy products, bakery and confectionery, functional food, instant food), distribution channel (direct, indirect (hypermarkets/ supermarkets, convenience store, independent retailers, online retailers)) and region.

As per FMI reports, North America will retain its lead in the demand for soy-based food products. Rising consumer demand for soy oil and soy-based products boost the sales of soy-based food in the market of the region.

China and East Asia present massive growth potential for soy-based food market. China accounts for around 37% of total soy-based food market share. Japan and Korea, too, dominate the Asia Pacific soy-based food market.

In terms of product type, meat substitutes seem to monopolize the market. High nutritional value, flavor and texture, and easy digestion of soy items push the demand for soy-based meat products.

Indirect sales channels like supermarkets and convenience stores will lead the market. Soy-based meat products, soy-based baked goodies, soy-based exercise supplements are easy to access via indirect distribution channels. With the rise in demand for these products, the indirect sales channels also gain traction in the market.

Recent Developments:

Atlante introduced its vegan yogurt in the Netherlands in June 2021. The item is currently available in Superunie stores under the Own Label Melkan brand.

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Global Soy-based Food by Category

By Product Type, Global Soy-based Food is segmented as:

• Meat Substitutes
  • Textured Vegetable Protein
  • Tofu
  • Tempeh
• Non- dairy Yogurt
• Non-dairy Spread
• Non- dairy Ice Cream
• Non- dairy Cheese

By Application, Global Soy-based Food is segmented as:

• Meat Products
• Dairy Products
• Bakery and Confectionery
• Functional Food
• Instant Food

By Distribution Channel, Global Soy-based Food is segmented as:

• Direct
• Indirect
  • Hypermarkets/Supermarkets
  • Convenience Store
  • Specialty Stores
  • Independent Retailers
  • Online Retailers

By Region, Global Soy-based Food is segmented as:

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

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Explore More Valuable Insights

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

The study offers compelling insights based on product type (meat substitutes, non-dairy ice cream, non-dairy cheese, non-dairy yogurt, non-dairy spread), application (meat products, dairy products, bakery and confectionery, functional food, instant food), and distribution channel (direct and indirect) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) major regions of the world.

About Future Market Insights (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
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The polyols market is projected to register a CAGR of 6.3% during the forecast period, up from US$ 25.5 Bn in 2022 to reach a valuation of US$ 35.5 Bn by 2026.

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Polyols Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2022 along with the key takeaways over the forecast period 2022 to 2032.

The team of researchers at Future Market Insights are focussing on research and market study to produce different Polyols Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Polyols Market.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

• Ecogreen Oleochemicals Gmbh
• Archer Daniels Midland
• Mitsubishi- Kagaku Foods
• Jungbunzlauer Suisse AG

Queries Solved

• What is the size of the overall Polyols Market in the Food and Beverage Market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities, and challenges of the Polyols Market in the Food and Beverage Market, and how they are expected to impact the market?
• What are the attractive investment opportunities within the Polyols Market in the Food and Beverage Market?
• What is the Polyols Market in the Food and Beverage Market size at the regional and country-level?
• What are the key market players focusing on?
• What are the strategies for growth adopted by the key players in Polyols Market in the Food and Beverage Market?
• What are the recent trends in Polyols Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the Polyols Market in the growth of the Food and Beverage Market?
• What are the key market trends impacting the growth of the Polyols Market in the Food and Beverage Market?

Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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Frequently Asked Questions

• What is the Growth Outlook for the Polyols Market?
• Who are the Key Players in the Polyols Market?
• What is the Future of the Polyols Market?

About Future Market Insights (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
LinkedIn| Twitter| Blogs