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The worldwide food botanicals market size is expected to be USD 219.4 billion in 2024. The sector’s progress is expected to happen at a CAGR of 2.2% from 2024 to 2034. By the end of the forecast period, the food botanicals industry value is slated to hit USD 272.8 billion.

Demand for botanicals in food is accelerating due to the rising number of vegetarian and vegan consumers. While adopting plant-based diets, these consumers want to ensure that health is not skimped on. Thus, there is greater demand for botanicals in food.

Food botanicals’ therapeutic properties, as well as consumer demand for functional foods, have propelled the market for food botanicals to new heights. However, a lack of dosing directions, potential toxicity hazards, and the adoption of contemporary treatments may stymie the market’s growth.

Nonetheless, the growing preference for organic goods, as well as technical improvements in the area, present significant growth prospects for the food botanicals market over the forecast period.

Within the global market for food botanicals, the appeal of food products created from plant materials has been at the forefront of growth. Furthermore, the demand for herbs and spices has been increasing at an exponential rate, contributing to the overall expansion of the global food botanicals market.

Botanicals are widely used in food and dietary supplements because they have a variety of qualities that aid in the improvement and maintenance of health. Botanicals are available in a variety of forms, including dried or fresh items, tablets, liquid, capsules, and powder.

Key Takeaways from the Market Study

• The food botanicals market is expected to expand at CAGRs of 8% and 9.3% in Latin America and the Middle East & Africa, respectively, through 2032.
• Market share of South Asia and Oceania is 18.3% and 9.6%, respectively, in 2022, as the plant-based protein is in great demand amongst vegetarians, and this factor is expected to create lucrative opportunities within the global market for food botanicals.
• The numerous varieties of food botanicals available on the market, together with improvements in the global food sector, will drive the worldwide food botanicals market to record high revenues.
• Among the source segment of the food botanicals market, the leading category is the plant, which represents 32.4% market share in 2022, and is anticipated to grow up to 35.8%, with a CAGR of 5.7%.

 “The availability of well-known botanicals as dietary supplements is driving market expansion globally. Food botanicals are also growing in popularity in Europe and North America as a result of increased research and development.” says a Future Market Insights analyst.

Competitive Landscape

Manufacturers are focusing on the opportunity as the crucial driver driving the worldwide food botanicals market is the rising prevalence of chronic diseases such as diabetes, cardiovascular disease, and arthritis, as well as the long-term use of modern pharmaceuticals, which leads to additional negative effects.

In addition, the growing use of botanicals in the cosmetics industry, particularly in hair and skincare products, is expected to propel the sales of the global food botanicals market benefitting the manufacturers.

Market Taxonomy: Food Botanicals Market

The report offers a detailed analysis of all the market segments in the report, along with a detailed description of all the stages through which food botanicals pass before reaching end-users. These stages include raw material suppliers, manufacturers, and end-users. The report also comprises key metrics such as year-on-year growth, revenue, market size, absolute dollar opportunity, CAGR, basis point share, and other key numbers.

Region :

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

Source :

• Plants
• Algae
• Fungi or Lichens

Form :

• Dried Plants and Leaves
• Oelioresins
• Essential Oils
• Other Form

Application :

• Beverages
• Confectionery
• Supplements
• Flavor Enhancers
• Other Applications

End Users :

• Commercial
• Residential

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global cultures market is set to observe progress at a CAGR of 4.3% and top a valuation of USD 2.1 Bn by 2032.

Since the development of fermentation, processed and fermented food products have become an integral component of several global food traditions. Microbial culture techniques and their utilization in food fermentation processes have enabled transformation of the industry. Microbial cultures are an indispensable component of beverage industry where microbial fermentation enable production of alcoholic as well as non-alcoholic beverages.

Growing popularity of starter culture and associated challenges of viability maintenance has generated need of innovation that increase the efficiency of starter cultures. Moreover, application of microbial cultures in coffee processing and coffee being a staple drink in major world regions, is likely to increase culture utilization in coffee processing. Globalization and increasing purchase capacity has positively influenced the growth of beverage market which in turn support the culture market growth. However, stringent regulatory frameworks that regulate food processing and food additives are challenging the food culture suppliers.

Key Takeaways from Market Study

• The Cultures market is anticipated to grow at CAGRs of 4.3% in forecast period which grew by 3.5% in historic period
• Market share of India is around 58% in South Asia Cultures market
• Recent decade has witnessed transformation of consumer preference in terms of choice, safety, quality, and affordability of food. There is a growing preference for functional foods, GMO free food, and organic or sustainable food options. Apart from growing demand of starter culture form food manufacturers, probiotic microbial cultures are among leading preferences of consumers owing to their health benefits
• US cultures market is anticipated to develop at compound annual growth of about 5.1% over forecast period

 “Increasing alcoholic beverage consumption, notably beer, and indispensable use of starting culture in beer production, growing demand for processed and fermented foods trends being perceived are likely to boost demand for cultures market”,  says Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive Landscape

Key manufacturers of Cultures are majorly focusing on research & expansion to improve the variability, superiority, and novelty of their products. Top houses in the cultures market focus on partnership and solidification supply chains in an attempt to consolidate their position

• DuPont Nutrition & Health has introduced a novel culture portfolio designed exclusively for photo-fermentation. These cultures are freeze-dried and are suitable for use in both small and large-scale industrial procedures
• Hansen also introduced ten fresh new next-generation cultures to the cultures market, with the goal of introducing a cheese and yogurt-based alternative to synthetic preservatives. These cultures, which are available in free-dried pellet form, are likely to gain popularity due to the added benefit of a longer shelf life

 Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global cultures 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 (starter, adjunct, probiotic, and other types) and application (beverages, sauces, dressings, and condiments, bakery & confectionery, dried processed food, sweet & savoury snacks, frozen and chilled processed food, and other applications) across seven major regions of the world.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global spirulina powder market size is projected to rise from US$ 461 million in 2024 to US$ 702 million by 2034. By 2034, spirulina powder sales are projected to soar at 5.9% CAGR.

Spirulina powder is extracted from spirulina, a blue-green algae that is found to be grown on freshwater bodies, making it one of the most preferred choices for vegetarian fitness enthusiasts all over the world. The superfood status coupled with its rich anti-inflammatory properties has garnered a lot of attention in the world of the vegan fitness industry.

With the influx of nutraceutical manufacturers, the spirulina powder market is likely to expand in recent years. Spirulina powder can solve the problems of malnutrition, food shortages, and other relevant problems leading to food crises in underdeveloped countries. Due to these capabilities, many government bodies are promoting spirulina powder in their programs.

Spirulina powder, which has many medicinal properties as well, is mainly consumed by individuals who are on a weight-loss diet. The protein content along with other minerals and vitamins make spirulina powder a great substitute for chemical steroids and supplements. Spirulina powder can be easily obtained from leading health food stores, e-Commerce businesses, and specialty supplement shops.

Conventional spirulina powder is obtained from the artificial cultivation of spirulina in microclimatic conditions. This type of spirulina powder is relatively cheaper, easily available, and more edible as compared to its organic counterpart. Conventional-type powder dominates the global market with a share of 59.1%.

“There is little to no awareness about the health benefits of spirulina powder. Well-established sports nutrition brands can benefit a lot if they collaborate with world-renowned athletes and fitness figures for the endorsement of spirulina powder”, opines Nandini Roy Choudhury, Client Partner at Future Market Insights.

Key Takeaways from the Spirulina Powder Market Report

• Owing to its emerging vegan trend, the United States showcased a 26.8% share of the spirulina powder market.
• China has a 9.7% share of the global spirulina market due to its association with the use of spirulina since ancient times.
• Based on application type, dietary supplements and pharmaceuticals dominate the spirulina powder market with a 72.9% global revenue share.
• Emerging brands have come up with many innovative food items that have spirulina powder as their main ingredient, like smoothies, ready-to-serve beverages, and everyday snacks.

Recent Developments in the Spirulina Market

• To provide its patients with essential nutrients and vitamins, Mumbai’s Group of Tuberculosis Hospitals recently cultivated spirulina on its premises.
• The National Aeronautics and Space Administration (NASA) is all set to incorporate spirulina powder into the diets of its astronauts.
• GNT Group came up with Exberry Shade Bright Green, a spirulina-infused, green powder that has applications in bakery mixes and seasoning products.

Key Market Players

• Clos Sainte Aurore
• Spirulina Viva
• SPIFORM
• Spirulina La Capitelle
• Aurospirul
• Far East Microalgae Industries Co., Ltd
• Fuqing King Dnarmsa Spirulina Co. Ltd.
• DIC Corporation
• Cyanotech Corporation
• C.B.N. Bio-engineering Co., Ltd
• Yunnan Green A Biological Project Co., Ltd
• Jiangshan Comp Spirulina Co. Ltd
• Inner Mongolia Rejuve Biotech Co., Ltd.
• Zhejiang Binmei Biotechnology Co., Ltd.
• Bluetec Naturals Co., Ltd.
• Taiwan Chlorella Manufacturing Company
• Roquette Klötze GmbH & Co. KG

Market Segmentation

By Nature:

• Organic
• Conventional

By Application:

• Food & Beverage
• Dietary Supplements and Pharmaceuticals
• Animal & Aquaculture Feed Cosmetics and Personal Care
• Others

By Sales:

• Channel
• Direct Sales
• Retail Sales
• Modern Trade
• Specialty Stores
• Pharma & Drug Stores
• Online Retail
• Other Retailing Formats

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to Future Market Insights (FMI) updated report, the global artificial sweetener market value is forecast to total US$   2,710.0 million in 2024. A CAGR of 2.9% is on the cards for the market, with global artificial sweetener sales set to total US$ 3,600 million by 2034.

Demand remains particularly high for aspartame owing to its multiple advantages, including high sweetness and affordability. As per the latest analysis, the target segment will generate significant revenue in the market, recording a CAGR of 2.8%.

Multiple factors are providing impetus for the growth of the artificial sweetener industry. These include growing demand for low-calorie products, rising health awareness, escalating prevalence of lifestyle diseases, and expanding artificial sweetener usage in the food & beverage sector.

Consumers are increasingly aware of the potential drawbacks of excessive sugar intake, including weight gain, diabetes, and other health concerns. This awareness leads them to seek low-calorie or calorie-free alternatives to traditional sugar. Artificial sweeteners offer a readily available solution, allowing individuals to manage their weight and maintain a healthier lifestyle while still enjoying sweetness in their food and beverages.

The growing popularity of diet and low-calorie products creates a surge in demand for artificial sweeteners. Manufacturers rely on these sweeteners to formulate sugar-free and low-sugar versions of popular beverages like soft drinks, sports drinks, and even coffee and tea.

Sugar-free desserts like yogurt, ice cream, and baked goods utilize artificial sweeteners to maintain a sweet taste without the added calories of sugar, catering to a wider consumer base. Thus, high consumption of these products will directly propel sales of artificial sweeteners.

Key Takeaways from the Artificial Sweetener Industry Report:

• The global artificial sweeteners industry is forecast to reach US$ 3,600 million by 2034.
• By product type, the aspartame segment is set to record a CAGR of 8%.
• Based on end-users, the food & beverages segment will rise at 5% CAGR through 2034.
• Demand in Japan is forecast to grow at 0% CAGR between 2024 and 2034.
• Revenue in the United States is set to reach US$ 810.4 million by 2034.
• India is poised to record a CAGR of 8% through 2034.

“Artificial sweeteners are witnessing steady demand owing to the rising health consciousness and growing prevalence of lifestyle diseases.” says a lead Future Market Insights (FMI) analyst.

Who is Winning?

DuPont, Cargill, Nestlé S.A., Associated British Foods PLC, and Archer Daniels Midland Company are key artificial sweetener manufacturers and suppliers listed in the report. These companies are focusing on expanding their portfolios by introducing new products. They also use strategies such as acquisitions, advertisements, partnerships, agreements, and mergers to stay relevant in the market.

For instance,

• In January 2021, Roquette and AnalytiCon Discovery invested in research and development to develop Brazzein.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global artificial sweetener industry, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the artificial sweetener market based on product type (aspartame, acesulfame k, saccharin, sucralose, and neotame), end-user (food and beverages, pharmaceuticals, direct sales, and other end users), and application (bakery goods, sweet spreads, confectionery, and chewing gums, beverages, dairy products, and other applications) across several regions.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The mango puree market is predicted to be valued at US$ 1.8 billion by 2024. The market valuation is estimated to be US$ 3.56 billion by 2034, projected at a CAGR of 7%.

The market for mango puree is expanding as customer demand for natural and healthful food products rises. Smoothies, drinks, desserts, sauces, etc., are using mango puree, which is densely becoming popular as an ingredient due to its flavor and nutritional value.

Dangers and difficulties are some of the major reasons the market faces. The effect of weather variations and climate change has become hazardous for mango production. Adverse weather conditions like hurricanes, floods, and droughts majorly impact the production of mango crops, which causes shortages and price volatility in the market.

Besides challenges, the market also sees potentialities with every passing day. Convenience food and beverage sales are growing worldwide. Ready-to-use food ingredients like mango puree are in high demand due to changing lifestyles and rising urbanization. Manufacturers can profit from this trend by providing value-added products and creating packaging formats that meet changing consumer tastes.

Key Takeaways from the Market Study

• Under source type, the organic mango puree is accounted to hold a market share of 65.2% in 2024.
• Germany is expected to register at a CAGR of 8.1% by 2034.
• India registers significant growth, projected at a CAGR of 9.1% by 2034.
• Based on end user, the beverage segment is accounted to hold a market share of 35.3% in 2024.

“The rise in consumer preference for natural and healthy food choices is one significant driver for the mango puree market,” Nandini Roy Choudhury, Client Partner at Future Market Insights.

Competitive Landscape

Important competitors in the mango puree market are present like Del Monte Foods, ITC Limited, and Kiril Mischeff. Such market players provide a large selection of mango puree products that suit different needs in food and drink.

Strong competition strengthens innovation and boosts industry standards, giving consumers access to a wide range of premium mango puree options.

Some of the key developments are:

• In 2021, Kiril Mischeff, unveiled novel package designs for its line of mango puree goods. The developments were made to extend product shelf life, preserve freshness, and meet changing customer and food industry demands.
• In 2021, ITC Limited introduced a high-end line of mango puree products under its well-known brand name. ITC Limited launched premium mango puree made from particular mango types using its agriculture and food processing knowledge.

Key Segments

By Source:

• Organic
• Conventional

By End Use:

• Infant Food
• Beverage
• Bakery and Snacks
• Ice Cream and Yoghurt
• Dressings and Sauces

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube