Plant-Based Meatballs Market Is Projected To Post a Significant CAGR of 18.3% 2023 to 2033 | Future Market Insights Inc. 

The plant-based meatballs market is predicted to be worth US$ 138.2 million in 2023, and rise to US$ 391.2 billion by 2033. Initially, the global market was expanding at a CAGR of 15.2% during 2018 to 2022.

Public awareness of plant-based non-vegetarian alternatives is growing quickly, and more consumers demand these products due to the medical advantages, such as the prevention of non-communicable diseases, digestive problems, and obesity.People worldwide are preferring plant-based alternatives to animal flesh due to the detrimental effects on the environment and ethical shortcomings in the production of meat, which is supporting market growth.

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Manufacturers of plant-based meatballs are attempting to gain a leading market share with their diversified products range, while also being conscious of the negative environmental effects of animal agriculture. Moreover, customers benefit from the availability of reasonably priced plant-based meat replacements. The growing popularity of veganism increases sales as more people become aware of its health benefits.

Key Takeaways

  • By 2033, the United States is expected to show high potential in the plant-based meatballs market, with a size of US$ 391.2 million and a CAGR of 18.3%.
  • The plant-based meatballs market was significantly expanding, with a size of US$ 120 million in 2022.
  • Market shows amazing opportunities due to great medical benefits, and expects an absolute growth of US$ 253 million during the forecast period.
  • The expansion in China is anticipated to expand at an adequate CAGR of 18.4% by 2033.
  • By 2033, Germany is likely to expand in the plant-based meatballs market, with a size of US$ 31.3 million.
  • By 2033, the plant-based meatballs sector is likely to increase in Spain, with a size of US$ 13.3 million.
  • The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 16.5% by 2033.
  • Based on the product type, the plant-based chicken expects a CAGR of 16.3% by 2033.
  • Based on source, the soy protein segment continues to dominate the sector during the forecast period, with a CAGR of 17.2%.
  • Based on the distribution channel, the HoReCa continues to dominate the sector during the forecast period.

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Key Strategies in the Industry

The market is expanding, and producers are seizing this chance. To enhance their market share and leave their mark, they have established lofty targets. There are several alternatives available to manufacturers when it comes to designing a competitive product.

Making the product taste as much like a typical meatball as possible is a top priority for producers. Finally, when developing their product, producers focus on consumer health. For plant-based meatballs to succeed, they must be nutritionally equivalent to traditional meatballs. This calls for the use of wholesome and nutrient-dense ingredients by manufacturers.

Recent Developments

  • In order to increase its manufacturing capacity in Europe, Beyond Meat announced the purchase of a new manufacturing facility in Enschede, the Netherlands, in June 2020. KFC and Beyond Meat have partnered to distribute KFC’s plant-based fried chicken in the UK.
  • The new INCOGMEATO™ Plant-Based Ground Package from Kellogg’s is made with 100% plant protein from plant-based ground and contains 48% less saturated fat.
  • Burger King and Impossible Foods have teamed up to introduce the Impossible Whopper in the US.
  • A new line of vegan and gluten-free protein nuggets has been introduced by NUGGS.
  • For the introduction of its plant-based breakfast sandwiches, Field Roast Grain Meat Co. has teamed with Starbucks.

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Key segments

By Product Type:

  • Plant Based Chicken
  • Plant Based Beef
  • Plant Based Pork

By Source:

  • Soy-Based Protein
  • Wheat-Based Protein
  • Pea-Based Protein
  • Canola-Based Protein
  • Fava-Bean Based Protein
  • Potato-Based Protein
  • Rice-Based Protein
  • Lentil-Based Protein
  • Flax-Based Protein
  • Chia-Based Protein
  • Corn-Based Protein

By Distribution Channel:

  • Retail
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retail
  • HoReCA (Food Service Sector)

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Importance of Potassium Chloride Market in Agriculture to Reach US$ 18.10 Billion by 2033: A Key Nutrient for Healthy Soil

The global potassium chloride market is worth US$ 13.08 Billion as of now and is expected to reach US$ 18.10 Billion by the year 2033 at a CAGR of 3.3% between 2023 and 2033. Potassium chloride, also known as potassium salt or sylvite, comes across as a metal halide containing potassium and chlorine.

Apart from being odorless and colorless, it is easily soluble in water and does have a salt-like taste. The end-user applications include medicines, fertilizers, food processing, and likewise. The other area of application includes ‘de-icing’, which is safer for animals and plants.

Potassium chloride is the basic raw material used in the form of feedstock for several potassium compounds in soldering, welding, and casting. It’s another application is that of a coagulant in the treatment of drinking water for removing impurities.

It finds its presence as a softener in the textile industry as well. In the kitchens, it could be used as a substitute for salt. Plus, rising demand for fertilizers is expected to take the potassium chloride market by storm in the near future.

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Potassium chloride is used as a source of potassium ions that are necessary for several physiological processes like maintenance of balance between electrolytes and fluids and transmission of nerve impulses.

Electrolyte replacement solutions could be used for treating conditions such as dehydration, thereby replenishing levels of potassium in the body. It’s used to administer high blood pressure medications and it’s used in conjunction with other drugs for treating hypertension.

Coming to heart-related medications, it’s used for regulating heart rhythm and preventing complications. It’s also used in muscle relaxants to relieve muscle cramps and spasms. The extended uses include in intravenous solutions, capsules, oral tablets, and extended-release formulations.

As a fertilizer, potassium chloride helps in regulating plant COintake, photosynthesis, water retention, enhancing resistance to diseases and pests, and water uptake through roots. It also needs to be noted that agricultural-grade potassium chloride’s purity lay between 95% to 99%.

At the same time, the fact that potassium chloride does involve extracting minerals from salt mines could not be ignored. This could result in environmental degradation and restrain the potassium chloride market in the long run.

Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Potassium Chloride Market’. It has its team of analysts and consultants to execute using a bottom-up approach along its macros and micros.

“With healthcare, glass, metal, and petroleum sectors asking for potassium chloride, the global potassium chloride market is expected to grow inadvertently in the forecast period”, says an analyst from Future Market Insights.

Key Takeaways from the Potassium Chloride Market

  • North America holds the largest market share on the back of the US witnessing an excessive demand for potassium chloride in the pharmaceuticals vertical.
  • Europe, the Asia-Pacific, and MEA are expected to follow suit on similar lines in the potassium chloride market going forward.

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Competitive Analysis

  • Chemtrade, in November 2021, did announce that it completed sales of its specialty chemical business with Vertellus for close to US$ 155 Million, wherein the former did sell its KCl (potassium chloride), caustic pellets, and vaccine adjuvants business to the latter.
  • Veolia Water Technology, in July 2020, did announce that the company would be expanding its Jordan potash fertilizer plant crystallization capacity. Veolia does supply processing facility for extracting premium potash fertilizer from brines of the Dead Sea.
  • Verkhnekamsk, in December 2020, finished with skip graft sinking at the Talitsky Mine construction site.

Key Companies Profiled

  • Nutrien Ltd.
  • The Mosiac Company
  • K+S KALI GmbH
  • Israel Chemicals Ltd
  • EuroChem
  • Uralkali
  • JSC Belaruskali
  • SQM S.A.
  • Intrepid Potash, Inc.
  • Arab Potash Company

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What does the Report state?

  • The research study is based on grade (agricultural grade and chemical/industrial grade), by crop (oilseeds, cereals, sugar and fiber, and fruits & vegetables), and by application (de-icer, agriculture, water softeners, and industrial).
  • Being colorless (or occasionally white), potassium chloride proves to be an ideal choice for agriculture. This factor is expected to take the potassium chloride market by storm in the years to come.

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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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Applications of Magnesium Carbonate Minerals Market in the Construction, Chemicals, Pharmaceuticals & Personal Care Industry

Magnesium carbonate minerals are witnessing an upsurge in demand, owing to their application in multiple end-use sectors such as pharmaceuticals & personal care, and construction. Magnesium carbonate minerals are used to produce raw materials that serve as refractory materials for steel, metallurgy, and ceramic industries.

End users such as the chemical industry also use magnesium carbonate minerals to produce raw materials for plastic, polymers, paints, and fertilizers.

Magnesite, in meager amounts, is also used as a gem and lapidary material. Moreover, there is an expected revamp in the pharmaceutical and personal care industries, owing to the current Covid-19 pandemic, which, in turn, is anticipated to drive the magnesium carbonate minerals market in the near term. Refractory bricks & kilns and building & flooring materials are also paving the way for robust sales.

The global magnesium carbonate minerals market is expected to surpass US$ 689.0 Million in 2022 and is projected to expand at a CAGR of 5.1% over the forecast period (2022-2030).

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Key Takeaways from Global Magnesium Carbonate Minerals Market Study

  • Surging demand from pharmaceutical and personal care industries is expected to drive the market, owing to its application in the production of OTC drugs.
  • East Asia is expected to be prominent in terms of production, and North America and Europe will lead in terms of consumption over the decade ahead. Countries such as Belgium, the U.S., the Netherlands, Spain, Germany, France, and Italy are prime consumers of magnesium carbonate minerals.
  • Unique fire retardant properties of hydromagnesite are enabling its broader adoption as a flame retardant or fire retardant additive for polymers.
  • Flourishing chemical industries across the world are offering a conducive ground for magnesium carbonate minerals market players. Increasing demand from pulp & paper and paints & coatings industries are also offering white spaces.
  • Extensive use of magnesium carbonate in the production of magnesium oxide, which is used in the steel and cement industries as a refractory material, will augment market growth. Rapid growth in these industries is estimated to boost the demand for magnesium oxide.

“Countries all over the world are likely to enhance their medical, pharmaceutical, and personal care sectors as a consequence of the ongoing COVID-19 pandemic, which is expected to bring about multiple changes in these sectors. Magnesium carbonate minerals play an important role – directly and indirectly – in the pharmaceutical sector. Thus, over the coming years, the market is expected to witness demand growth.”

Magnesium Carbonate Minerals Market: Competitive Landscape

Players such as Konoshima Chemical Co., Ltd., Naikai Salt Industries Co., Ltd., Hebei Meishen Technology Co., Ltd, and Kyowa Chemical Industry Co. Ltd. have been strategically expanding their market presence through expansions and acquisitions in the recent past.

These players are increasing their market presence gradually, rather than deploying aggressive growth strategies. R&D, coupled with the expansion of production capacity, remains the key strategy followed by magnesium carbonate mineral manufacturers to enhance productivity and capture potential market opportunities.

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East Asia to Offer Opportunities for Growth and Profitability

East Asia is anticipated to hold a prominent share in the global magnesium carbonate minerals market, owing to the increasing demand from pharmaceutical and personal care industries, along with refractories.

Manufacturers in East Asia are facing stiff competition, given the higher concentration of players in the region. Moreover, magnesium carbonate minerals have multiple end uses, hence, the market is likely to flourish in the years ahead. Easy availability of raw materials and cheap labour is poised to propel the magnesium carbonate minerals market in East Asia.

On the flip side, the chemical and automotive industries in East Asia are under extreme pressure due to the coronavirus (COVID-19) pandemic. Uncertainty in the global economic order and capital markets is shrinking the profit pools of industrial executives.

Chemical and automotive industries in East Asia are undergoing manufacturing standstills in order to avoid workers getting affected by the coronavirus, as well as address the demand drop from businesses and consumers during nationwide lockdowns. These factors are affecting the growth of the magnesium carbonate minerals market.

Magnesium carbonate minerals Market by Category

By Mineral:

  • Magnesite
  • Hydromagnesite
  • Nesquehonite

By End-use:

  • Pharmaceuticals & Personal Care
  • Refractory Bricks & Kilns
  • Steel & Metallurgy
  • Ceramics
  • Building & Flooring Materials
  • Chemicals

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Looking for More Information?

The report on the magnesium carbonate minerals market published by Future Market Insights brings to the fore a pin-point analysis of the market and offers comprehensive information with historical demand data for 2015-2021 and forecast statistics for 2022-2030.

The study offers insightful information on the global magnesium carbonate minerals market based on various categories – mineral form and end use, across seven regions. This study highlights key market players who are well-known market vendors and have proven themselves as key shareholders in the global magnesium carbonate minerals market.

Some of the market players included in the report are Nouryon Holding BV, Evonik Industries AG, Cabot Corporation, W. R. Grace & Co., and Ecolab Inc., among others.

About Future Market Insights, Inc.

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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Importance of Chlorine Disinfectants Market in Water Treatment Plants to Reach at US$ 4.2 Billion by 2030

Global chlorine disinfectant market revenues are poised to reach US$ 4.2 Billion by the end of the forecast period, 2022 – 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities.

In line with this, global sales of chlorine disinfectants are set to soar promisingly in the near term, as projected by a new Future Market Insights (FMI) study.

The survival period of SARS-COV-2 – a virus that causes COVID-19 – on inanimate objects differs with various factors including, temperature, and humidity. This accents the need for frequent cleaning and disinfection of surfaces, thereby, enabling broader usage of chlorine disinfectants.

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Key Takeaways of Chlorine Disinfectant Market Study

  • Increasing emphasis on cleanliness in hospitals is boosting the demand for chlorine disinfectants in hospital applications. Infections are a significant threat in hospitals and chlorine-based cleaners disinfect work surfaces and equipment, thereby, preventing the spread of contagious diseases.
  • Chlorine disinfectants are gaining significant traction in industrial wastewater treatment applications. Chlorine can be used in wastewater disinfection either as elemental chlorine (gas) or as a chlorinated compound such as liquid sodium hypochlorite solution or solid calcium hypochlorite. Chlorine disinfectants play a vital role in the industrial wastewater treatment process.
  • Textile bleaching is anticipated to emerge as a significant application of chlorine disinfectants during the forecast period, owing to their superior bleaching property such liquid chlorine bleaches are highly effective at whitening fabrics and also provide germicidal activity at usage concentrations.
  • The chlorine disinfectant market in South Asia including, India, and ASEAN countries is witnessing notable growth recently, attributable to the growth of end-use industries such as healthcare, and water treatment in this region.

Governments in several regions are highly focused on improving municipal water facilities in urban and rural areas. Such developments for industrial and domestic/ municipal water treatment are expected to create high demand for water & wastewater treatment chemicals such as chlorine disinfectants over the forecast period.

Market Landscape: Moderately Fragmented

The global chlorine disinfectant market is moderately fragmented, owing to the presence of several international and domestic payers in the market. The top ten established players account for over a third of the total supply.

Key players such as 3M Company, Procter and Gamble, Reckitt Benckiser, Clorox Company, Ecolab, Hind Pharma, Chemtex Speciality Ltd, Nyco Products Company, Delux Chemicals, Achlor Chemical Ltd., and others are also focusing on increasing their presence in the domestic market. Leading manufacturers are laying emphasis on strengthening their partnerships with end users.

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Chlorine Disinfectant Market by Category

By Form:

  • Solid/Granular
  • Liquid
  • Gas

By Application:

  • Drinking Water
  • Swimming Pool Water
  • Industrial Wastewater
  • Textile Bleaching
  • Hospital
  • Others

What Does the Future Hold?

The global Chlorine Disinfectant market is anticipated to grow at a moderate rate over the forecast period on account of its increasing demand in the water treatment industry in emerging countries. Furthermore, increasing awareness regarding cleanliness, especially in hospitals where Infections are a significant threat in both developed and emerging countries is further expected to propel market growth.

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Learn More About the Report Coverage

Future Market Insights has published a market research report on the Chlorine Disinfectant market that contains a global industry analysis of 2015-2021 and an opportunity assessment for 2022-2030. The report provides an insightful analysis of the Chlorine Disinfectant market through four different segments- grade, application, end-user, and region.

The Chlorine Disinfectant market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

About Future Market Insights, Inc.

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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Growing Demand for Polypropylene Yarn Market in Textile Industry Totaling a Valuation of over 23.85 Billion by 2029

Polypropylene yarn also has many color variants and is reusable. The global Polypropylene Yarn Market was valued at nearly US$ 16.32 Billion in 2022 and is projected to exhibit a CAGR of 5.6% over the forecast period. Polypropylene yarn is witnessing high demand from textile industries, since it is used for the manufacturing of carpets, socks, etc.

Polypropylene yarn is lightweight and cost-effective and also provides high strength to the end product. It has a hygienic structure, which does not cause any allergic reactions; it does not hold moisture and water, and it is dirt- and stain-resistant.

All these factors favor the use of polypropylene yarn in textile industries. Moreover, the shifting of the focus of manufacturers in some developing regions towards the production of relatively cheap textiles in higher volumes is expected to pave the way for robust sales during the forecast period (2022-2029).

However, polyester and textile industries in East Asia are under constant pressure due to the coronavirus pandemic. Akin to the SARS outbreak of 2003, demand for polypropylene yarn is likely to drop as industrial operations halt.

Governments have restricted transportation amidst the lockdown, leading to logistical issues in the region. A further transmission of the coronavirus would stretch the transport paralysis, leading to a marked production decline of polypropylene yarn. In addition, the export of finished textile products and apparel is expected to drop too.

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Key Takeaways from Global Polypropylene Yarn Market Study

  • Polypropylene multifilament yarn is likely to be sought-after in the future, owing to its growing application in textile industries.
  • In terms of consumption, Europe and the U.S. are the most prominent regions. Countries such as Belgium, the Netherlands, Spain, Germany, France, and Italy are the prime consumers of synthetic yarn (PP yarn), whereas Belgium and the Netherlands (BENELUX) are prime importers of synthetic yarn (PP yarn).
  • Growing apparel industries across the world are expected to increase the demand for polypropylene yarn. Increasing demand for sportswear, blazers, etc., is also surging the demand for fine polypropylene yarn, as it is largely consumed in their production.
  • Easy availability of raw wool in countries such as Australia and New Zealand, is driving polypropylene yarn production in this region. These countries produce various types of polypropylene yarn, such as Merion wool, Shetland wool, etc., in high volumes.
  • Governments are taking initiatives for promoting the production of polypropylene yarn. For instance, the Indian Government is working to persuade growers to focus on wool production rather than meat production. Production in such countries is further backed by economical labour availability. Hence, a considerable amount of polypropylene yarn is produced in India and exported to international markets.

East Asia to Offer Lucrative Growth Opportunities

East Asia is anticipated to hold a prominent share in the global polypropylene yarn market, owing to the increasing textile industries in the region. Another key factor driving the growth of the polypropylene yarn market in East Asia is the focus of manufacturers on the customization of products as per specific applications. Polypropylene yarn is also prominently used in the production of apparel such as sportswear, thermal wear, and active wear, which is further bolstering its sales in the region.

Global players such as SWM, Industrial Ponsa, Thrace Group, Bonar Yarns, Lankhorst Yarns, William Barnet & Son, LLC, and Daman Polythread Ltd. have invested strategically in the polypropylene yarn market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with the expansion of production capacity and footprint, remains the key strategy of polypropylene yarn manufacturers to enhance productivity and capture new market opportunities.

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Polypropylene Yarn Market by Category

By Product Type:

  • PP Multifilament
  • PP Monofilament

By Application:

  • Industrial Textiles
  • Home Textiles
  • Carpets
  • Sports Accessories and Ancillaries
    • Sportswear
    • Active Wear
    • Thermal Underwear
  • Others

By Region:

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

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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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Growing Demand for Ammonium Phosphate Market in Agriculture Industry on the Use of Organic Fertilizers

The ammonium phosphate market in Europe and North America is projected to witness relatively moderate growth during the forecast period. Stringent regulatory norms regarding the use of inorganic fertilizers are hindering the growth of the ammonium phosphate market in the region. The primary focus of manufacturers in these two regions is on the use of organic fertilizers.

The rising population in Asia Pacific has led to an upheaval in demand for fertilizers in the region. The majority of the demand for ammonium phosphate will be generated from countries such as India and China. Moreover, the proliferation of fertilizer plants in the region is supplementing the growth of the ammonium phosphate market.

The projected growth rate of the ammonium phosphate market is approximately 3.3% over the course of the forecast period (2019-2029). The demand from the fertilizers segment remains steady and even surges in emerging economies. Other end-use industries such as electronics and optics are complementing the growth of the ammonium phosphate market.

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Key Takeaways of Ammonium Phosphate Market Study

  • The fertilizers industry accounts for substantial ammonium phosphate demand.
  • The rising uptake of ammonium phosphate in fire extinguishers is propelling the market growth.
  • Gains in the ammonium phosphate market to remain consolidated in the Asia Pacific.
  • Europe and North America’s ammonium phosphate market will witness modest growth through 2029.
  • Demand for organic fertilizers will limit the growth of the ammonium phosphate market in developed regions.

Major stakeholders in ammonium phosphate must renew their focus towards Asia Pacific market which continues to remain the growth epicentre on account of heightened demand for fertilizers.

Demand for Mono-ammonium Phosphate to Remain Rampant in Fertilizers

Mono-ammonium Phosphate (MAP) is a chief component of granular fertilizer. The pH regulation and water solubility are the two most sought-after attributes of MAP. Farmers continue to prefer ammonium phosphate for the sustained and healthy growth of plants. The augmented demand for MAP in high-pH soils is particularly fuelling the market.

In suspension fertilizers, ammonium phosphate is used in powdered form. Moreover, MAP has good handling and storage properties which are boosting its demand among consumers. However, the ongoing debate over the potential environmental impact of ammonium phosphate based fertilizers is limiting the market growth.

Asia Pacific Acquires 32.6% Revenue Share in Ammonium Phosphate Market

Demand upsurge for fertilizers owing to the increasing population is boosting the ammonium phosphate market in the Asia Pacific. The predominant markets for ammonium phosphate are China and India. On that premise, Asia Pacific constitutes approximately 32.6% revenue share in the ammonium phosphate market.

On the other hand, consumers in Europe and North America have a growing inclination toward organic fertilizers. The ammonium phosphate market growth in these two regions will be relatively sluggish on that account. Moreover, stricter environmental norms in developed economies will hamper the growth of the regional ammonium phosphate market.

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Geographic Expansion Remains the Chief Strategic Tenet of Global Players

The competitive landscape of the ammonium phosphate market is consolidated in nature at the global level. However, in certain regions, it remains fragmented with the proliferation of SMEs. Key manufacturers featured in this study include, but are not limited to, OCP SA, Wengfu Group, Yara International ASA, Solvay S.A., Coromandel International Ltd., Lanxess AG, Nutrien Ltd., Jordan Phosphate Mines Company, Haifa Group.

Premier companies in the ammonium phosphate market are focused on geographic and operational expansion for a greater market foothold. However, the demand for inorganic fertilizers continues to stagnate in developed economies. Manufacturers thus need to divert their resources toward the Asia Pacific market where the use of ammonium phosphate-based fertilizers is still prevalent.

Ammonium Phosphate Market: Segmentation

The global ammonium phosphate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Product Type

  • Mono-ammonium Phosphate (MAP)
  • Di-ammonium Phosphate (DAP)
  • Ammonium Polyphosphate

Application

  • Fertilizers
  • Fire Extinguishers
  • Food & Beverages
  • Water Treatment Chemicals
  • Detergents & Soaps

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More about the Report

FMI’s study offers an in-depth market forecast and analysis of the global ammonium phosphate market. The major categories encompassed by the report include product type (mono-ammonium phosphate, di-ammonium phosphate, and ammonium polyphosphate), application (fertilizers, food & beverages, fire extinguishers, detergents & soaps, and water treatment chemicals) across five regions (North America, Latin America, Europe, Middle East & Africa, Asia Pacific).

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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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Bakery Ingredients Market Landscape Assessment By Type, Opportunities And Higher Growth Rate By 2032

The global bakery ingredients market is anticipated to reach a market valuation of US$ 17.9 Billion by the year 2022 end, accelerating with a CAGR of 6.4% by 2022-2032, which is anticipated to be valued at US$ 33.3 Billion by 2032.

Bakery ingredients are used in bakery products such as bread, cookies, biscuits, cakes, pizza, tarts, pies, pastries, donuts, and frozen baked products. Predominantly it is used in bakery products to improve the overall product quality, to save time, and for longevity. Bakery ingredients have been used since ancient times and are of utmost importance these days as nothing can be baked without them.

They are available in a wide variety and their preferences may vary according to the regional demands. Easy access to global information and exposure to various bakery products has increased the demand of bakery ingredients.

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Bakery Ingredients Market Dynamics

Growth in global bakery ingredients market is due to increase in demand for bakery ingredients, and changing lifestyle which leaves little time to prepare meals, saves time and affordability. Also with increasing population of working women and time constraint has initiated the need. Ready to eat baked food is replacing the conventional home cooked food.

In Europe and North America, majority of the population prefers wraps, rolls and pocket sandwiches over time consuming food items because of their busy and hectic lifestyle. Development of new packaging materials and increased product diversification in baked food category would promote the demand of bakery ingredients.

Bakery Ingredients Market Size

The bakery ingredients market has grown substantially at a healthy CAGR rate of 14-18 percent in the year 2012-14. Many companies are entering in this bakery ingredients market to meet the consumer demand of the bakery ingredients. Globally, U.S. and Europe are the largest bakery ingredients markets followed by North America bakery ingredients market and Asia Pacific bakery ingredients market. The biggest driver for bakery ingredients market could be that these countries are the best destination for innovations in the bakery ingredients industry.

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Bakery Ingredients Market by Category

By Form, Bakery Ingredients Market is segmented as:

  • Dry
  • Liquid

By Ingredient Type, Bakery Ingredients Market is segmented as:

  • Fiber
  • Emulsifiers
  • Enzymes
  • Starches
  • Oils, Fats, and Shortenings
  • Baking Powder and Mixes
  • Preservatives
  • Colors & Flavors
  • Leavening Agents

By Application, Bakery Ingredients Market is segmented as:

  • Bread
  • Cookies & Biscuits
  • Rolls & Pies
  • Cakes & Pastries
  • Others

By Region, the Bakery Ingredients Market is segmented as:

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

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Frequently Asked Questions

  • What is the Present Size of the Bakery Ingredients Market?
  • What is the Size of the Bakery Ingredients Market By 2032?
  • What is the Bakery Ingredients Market Outlook?
  • Which Region is expected to drive the Demand for the Bakery Ingredients Market?
  • Which Bakery Ingredient Type is leading the Market?

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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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Future of the Dolomite Market: The Growing Demand in Construction Industry to Reach US$ 5,280 Million by 2032

The global Dolomite market is expected to be valued at US$ 3.41 Billion in 2022. With the growing demand from construction, agrochemicals, mining & metallurgy, pharma & healthcare, and glass & ceramics sectors, overall demand for Dolomite is projected to grow at a CAGR of 4.4% between 2022 and 2032, totaling around US$ 5.28 Billion by 2032.

Dolomite is used in the manufacturing of high-mechanical-strength concrete that can withstand heavy loads. Investment in infrastructure, especially in developing nations is boosting the demand for dolomite in civil construction. This is resulting in increased sales of dolomite, and the trend is expected to continue over the forecast period.

Significant growth in the construction and infrastructure sector across the world in the past few years has boosted the consumption of cement, resulting in high demand for dolomites for production. As dolomite utilization helps in reducing carbon emission and waste generation, key players are preferring dolomite to produce cement. This reduces the overall production cost and helps companies in achieving their sustainability goals.

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Key Takeaways from the Market Study

  • From 2017 to 2021, the market demand expanded at a CAGR of 4.4%
  • By Material Type, Calcined Dolomite to accumulate a market share of 55% in 2022
  • By End-use, the cement and agrochemicals segment dominates the market with a share of 65%
  • U.S to emerge as a promising market, capturing nearly 2/5th of global market revenue in 2022
  • China is an opportunistic market, expected to capture nearly 32% revenue
  • Germany is a significant contributor to the Dolomite market revenue landscape, accounting for over 25% of sales

The growing use of aluminium across end-use sectors like automobile, packaging, and manufacturing, among others is positively influencing the growth of Dolomite in the global market, remarks an FMI analyst.

Competitive Landscape

Players in the global Dolomite Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market.

Key Companies Profiled

  • Imerys
  • Sibelco
  • RHI-Magnesita
  • Calcinor SA
  • Omya AG
  • JFE Minerals Co,
  • Essel Mining & Industries Limited
  • Lhoist
  • Carmeuse
  • Vardar Dolomit

Some of the recent developments among the key players are:

  • In June 2022, a new and innovative two-stage crushing system was installed at RHI-Magnesita’s main United States industrial site in York, Pennsylvania, which mines dolomite for the production of refractory materials.
  • In April 2022, Backtrace Holdings Ltd – a world leader in Productizing Science® – is excited to announce the launch of Particle Works, a spin-out of Dolomite Microfluidics. The official launch of this new brand took place at the LNP Formulation and Process Development Summit in Boston, MA, from the 12th to the 14th of April 2022.
  • In May 2022, Omya, based in Switzerland, acquired the distributor Prima Inter-Chem in Malaysia and Indonesia. With this move, Omya boosts and develops its ingredient and specialty chemicals distribution in these countries for the food, pharmaceutical, animal feed, and industrial markets.

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Key Segments Covered in the Dolomite Industry Analysis

Dolomite Market by Material Type:

  • Calcined Dolomite
  • Agglomerated Dolomite
  • Sintered Dolomite

Dolomite Market by End User:

  • Cement
  • Agrochemicals
  • Mining & Metallurgy
  • Pharma & Healthcare
  • Glass & Ceramics
  • Water & Sludge Treatment
  • Animal Feed

Dolomite Market by Region:

  • North America Dolomite Market
  • Latin America Dolomite Market
  • Europe Dolomite Market
  • Asia Pacific Dolomite Market
  • Middle East & Africa Dolomite Market

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About Future Market Insights, Inc.

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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Bioactive Ingredient Market Growth Analysis, Varieties And Analysis Of Key Players – Forecasts To 2033

According to Future Market Insights (FMI), the overall sales of bioactive ingredient are estimated to reach a value of US$ 38.2 Bn by 2022, surging at 3.8% CAGR over the forecast period (2022-2032). Growing consumption of natural food ingredients and healthy food products is expected to boost the growth in the bioactive ingredient market. Health benefits associated with natural products are the key drivers boosting the demand for bioactive ingredients.  

Dietary supplements are preferred by customers as they are made with natural components that improve health and wellness. As a result of the increased demand for natural-based ingredients, the adoption of bioactive compounds is expected to surge in a diverse range of food products. 

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Further, growing focus on food safety issues has raised awareness for transparency and traceability. Hence, key players such as such as Cargill, Incorporated, CP Kelco, Ingredients AG, and Ingredion Incorporated are providing labeled products to capitalize on growing clean label trends. 

Subsequently, increasing use of macronutrients including fibers, carbs, proteins, and fats in various ready-to-mix & eat products is driving the demand in the market. On the back of these factors, the bioactive ingredient market is projected to surpass US$ 55.4 Bn by the end of 2032. 

Key takeaways from market study 

  1. Based on product type, the antioxidants segment is expected to witness highest growth over the forecast period (2022-2032). 
  1. North America bioactive ingredient market is expected to witness a lucrative growth rate of 6.8% CAGR during the assessment period. 
  1. East Asia is anticipated to account for 17.8% in the global bioactive ingredient market through 2032. 
  1. Based on application, functional food & beverages is anticipated to account for around 25.6% of the market share over the forecast period. 

Key bioactive ingredient producers are actively exploring the applications through various research institutions, public research universities, and crop institutes across the globe. Also, increased demand for packaged and healthy food products is propelling the demand in the market.” says a lead analyst at Future Market Insights. 

Competitive landscape 

The global bioactive ingredient market is expected to be consolidated. Key players in the market are focusing on expansion of their product line to strengthen their foothold in the industry. Expansion in emerging economies such as India and China is a key strategy adopted by leading players to increase their revenue. 

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Some of the key players operating in the bioactive ingredient market are Dupont, Royal DSM, Cargill Inc., Archer Daniels Midland, BASF, Koninklijke DSM N.V., AJINOMOTO CO., INC, Arla Foods, FMC Corporation, Ingredion Incorporated, Roquette Frères S.A., Kerry Inc, Total Nutrition, Inc, Danone SA, Nestlé SA Valio Limited i-Health, Inc. and others 

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Future Market Insights, in its new offering, provides an unbiased analysis of Bioactive Ingredient presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.  

Bioactive Ingredient Market by Category 

By Product Type: 

  • Probiotics And Prebiotics 
  • Amino Acids 
  • Omega 3 Lipids 
  • Peptides & Proteins 
  • Minerals & Vitamins 
  • Carotenoids And Antioxidants 
  • Phytochemicals & Plant Extracts 
  • Fibers & Specialty Carbohydrates 

By Application: 

  • Functional Food & Beverages 
  • Dietary Supplements 
  • Personal and Beauty Care 
  • Pharmaceutical 
  • Animal Nutrition  

By Distribution Channel: 

  • B2B 
  • B2C 
  • Hypermarket/Supermarket 
  • Specialty Stores 
  • Online Retail Store  
  • Pharmacy Stores Online Retailers 

By Region: 

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

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About Food & Beverage Division at Future Market Insights 

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, 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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Calcium Acetate Market in the Pharmaceutical, Agriculture, Food and Beverages Industry: Pegged at 3% CAGR through 2029

Steady demand for calcium acetate continues to arise from diverse quit-use industries along with meals & drinks, prescription drugs, textiles, agriculture, and petroleum. The global calcium acetate market is poised for a modest boom at approximately 3% CAGR through the length of the projection length (2022-2029). Moreover, manufacturers have targeted assignment growth-orientated techniques for long-time period competitive ascendancy.

Use of Calcium Acetate as Phosphate-binder to power the global Calcium Acetate market

The position of calcium acetate in treating hypophosphatemia has emerged as an important pharmaceutical application. Patients tormented by kidney diseases are given oral prescriptions of calcium acetate at the same time as they are on dialysis. Calcium acetate significantly reduces the threat of stroke or coronary heart ailment with the aid of removing hazardous construct-up of phosphate in the human frame.

Key Takeaways of Calcium Acetate Market Study

  • The role of calcium acetate in food preservation is projected to facilitate overall market growth through the forecast period.
  • Soaring demand for calcium acetate in blood phosphate regulation during dialysis is bolstering the market.
  • Accelerating R&D activities for diversifying end-use applications is contributing to the calcium acetate market growth.
  • Gains in the calcium acetate market will be concentrated in the Asia Pacific and North America.
  • The availability of alternatives would hinder the growth of the calcium acetate market in the foreseeable future.
  • Consumers’ greater inclination towards chemical-free products will stagnate the demand for calcium acetate through 2029.

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Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market

Owing to established end-use industries of calcium acetate, Europe will continue to capture the majority share through the forecast period. Higher-income levels of consumers also contribute significantly to overall regional market growth. Leading manufacturers in this region continue to promote R&D activities for diversifying applications.

Asia Pacific presents remunerative opportunities for calcium acetate manufacturers. Both in terms of consumption and production, Asia Pacific is a crucial market. Moreover, burgeoning end-use industries continue to supplement the regional market growth. Hence, Asia Pacific will account for a substantial market share through 2029.

Leading Players Undertake Expansion Activities to Solidify Their Place in Global Market

The global calcium acetate market is a fairly consolidated landscape. Major players profiled in this FMI study include but are not limited to, Merck Millipore, Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, and AVA Chemical PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals & Scientific. Capacity and geographic expansion will be the key strategic focus of market leaders.

Prominent companies must channel their efforts toward broadening the applications they cater to. This move would fortify their position in developed regional markets such as Europe. Moreover, to expand their foothold in emerging countries, they must opt for a capacity expansion strategy.

Calcium Acetate Market: Segmentation

The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Function

  • Texturizer
  • Stabilizer
  • Thickener
  • Firming Agent

Application

  • Pharmaceuticals
  • Agriculture
  • Food and Beverages
  • Pet Food

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More about the Report

FMI’s study offers an in-depth market forecast and analysis of the global calcium acetate market. The major categories encompassed by the report include function (texturizer, thickener, firming agent, and stabilizer), application (pet food, agriculture, food & beverages, and pharmaceuticals) across five regions (Asia Pacific, Middle East & Africa, Europe, Latin America, and North America).

Explore FMI’s Extensive Ongoing Coverage in the Chemicals & Materials Domain

Calcium Sulfate Market: The global calcium sulfate market size is estimated to be worth US$ 266.84 billion in 2023 and is predicted to surpass US$ 338.54 billion by 2033. The sales of calcium sulfate are projected to grow at a CAGR of 4.1% during the forecast period.

Calcium Oxide Market: According to the latest market survey conducted by Future Market Insights, the global Calcium Oxide market is relishing a market valuation of US$ 4,573.4 Million in 2022 and is all set to expand with a CAGR of 5.3% during the 2022 to 2032 period.

Calcium Carbonate Market: Demand for calcium carbonate is expected to witness a Y-o-Y growth of 5.1% and reach US$ 24.4 Bn by 2022. The growth trend is likely to continue and reach US$ 41.3 Bn by the end of the forecast period, reflecting a CAGR of 5.4% (2022 to 2032).

About Future Market Insights, Inc.

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
LinkedInTwitterBlogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials