Air-Dried Food Market Research Report- Opportunities & Challenges With Completely Different Segments, Forecast- 2032

The global Air-dried Food Market is expected to reach a market valuation of US$ 92.8 Billion by the year 2022, accelerating with a CAGR of 4.3% by 2022-2032.

The rising demand for healthy food that can be stored over a longer period of time has proven to be a boon for the air-dried food market. Future Market Insights (FMI) in a recent study has forecast the market to rise at an impressive pace, a trend which is expected to gather steam in response to increasing health consciousness among consumers.

Market surveys suggest, consumers are more willing than ever before to pay premium price for healthy food. Air drying food helps preserve its nutrients while extending the shelf-life without using any artificial additives. More generally speaking, it is a process of evaporation that helps rid moisture from food thus eliminating the risk of contamination due to bacteria, mold, or yeast.

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Foray of novel and advanced packaging technologies is expected to facilitate expansion of the market. Some of the leading manufacturers are adopting these advanced techniques to air dry food and make them available at a commercial scale. Packaging also helps improving the longevity of the food item.

Dehydrating food is practiced in both household and commercial levels. Market today has several machines, both indigenous and high-end, available for dehydrating smaller quantities of food for home consumption. Commercially, some of the leading food producers use air drying techniques to manufacture ready-to-eat and ready-for-consumption packaged foods.

This is another chief driver of the market. According to FMI, despite their hectic lifestyle, consumers are looking for convenient food that have high nutritive value. Furthermore, awareness pertaining to health and wellness has made them wary about preservatives used in frozen or packaged food. This invariably creates a market, ready to accept the air drying technology that offers better convenience without compromising on the overall quality of food.

FMI in its recent report studies various factors impacting the trajectory of the air-dried food market. It covers factors driving growth and those restraining it. The report also uncovers hidden opportunities for market players. It offers key insights into the market. Some of these are:

Rising commercial application will give tailwinds to the growth witnessed in the air-dried food market Coffee beans are expected to comprise leading market share in terms of products Europe is expected to dominate the global market, however, demand from Asia Pacific is poised to surge considerably over the coming years Air-dried fruits have become a highly popular and high-energy snacking option among consumers

Who is winning?

The global air-dried food market is characterized by the presence of numerous market players, which has rendered it fragmented. Therefore the market is witnessing frequent product launches besides strategic collaborations as companies aim at gaining competitive advantage. Evidently, they are also under pressure to maintain competitive pricing.

FMI profiles some of the leading companies operating in the global air-dried food market. These include DMH Ingredients, Inc., Dehydrates Inc., Berrifine A, La Frubense, BCFoods, Inc., Saraf Foods Pvt. Ltd., B-B Products (Australia) Pty Ltd., Nestle S.A., FREEZE-DRY FOODS, HOWENIA ENTERPRISE CO., LTD.

Key Segment

Form

Powder & Granule Chunks & Pieces Flakes

End User

Household Commercial

Region

North America Latin America Europe East Asia South Asia and AEAN MEA

Air-dried Food Market: Key Research Findings

Future Market Insights (FMI) forecasts impressive growth of the air-dried food market at over 7% CAGR between 2020 and 2030 Spurred by willingness among consumers to pay premium for convenience goods will enable market surpass a whopping US$ 93 Bn of worth by 2020 Advent of innovative packing technologies and materials will create incremental growth opportunities. Following this, the market will witness foray of wooden packaging and stand-up pouches Based on form, powder and granules are likely to be in high demand and hold dominance in the global market Coffee beans will continue dominating as the top product. Rising production of instant coffee and coffee powder will boost growth in the segment

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Frequently Asked Questions

  • How Big is the Air-dried Food Market?
  • What is the CAGR of the Air-dried Food Market for the period 2022- 2032?
  • What is the North America Air-dried Food Market share?
  • What Are the Key Trends Shaping the Air-dried Food Market?
  • What are the key players in the Air-dried Food Market?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Pet Milk Replacers Market – Opportunities & Challenges With Completely Different Segments, Forecast- 2031

As per Future Market Insights (FMI), the global pet milk replacers market is projected to reach US$ 192.7 Mn in 2021. New pet parents are embracing the trend of pet humanization, resulting in increasing expenditure on pet products and accessories.

Growing preference towards sustainable and nutrient-rich pet feed is propelling sales of pet milk replacers. FMI projects the market to grow at a robust 7.10% CAGR through 2031.

The advent of the novel COVID-19 pandemic led to dampened sales of pet milk replacers due to restrictions in movement and disrupted supply chains. However, FMI projects a positive demand outlook for the pet milk replacers, as the market experienced year-over-year growth by 6.30% from 2020 to 2021.

Pet milk replacers are emerging as beneficial additions to pet diets. Pet milk replacers are generally fed to puppies and kittens to meet the need for nutrition which is lacking in cow or goat milk.

Most dog breeds and feline species are allergic to cow’s milk. Having highly sensitive digestive systems, these animals are susceptible to gastrointestinal issues which can even lead to severe outcomes.

As people are getting highly conscious about pet health, sales of pet milk replacers are anticipated to continue gaining momentum throughout the assessment period. According to FMI’s market survey, non-medicated pet milk replacers will remain highly sought after through 2031.

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As per FMI’s regional analysis, sales of pet milk replacers in the U.S. are anticipated to witness an uptick in the upcoming decade. Growth in the market can be attributed to higher disposable income in the country and the penetration of leading players.

“Demand for sustainable food alternatives for animals, coupled with innovative product launches from key stakeholders to improve nutritional content in pet milk replacers will continue augmenting market growth through 2031,” says the FMI analyst.

Key Takeaways from the Pet Milk Replacers Market Survey:

Based on product, sales of non-medicated pet milk replacers are projected to hold the lead through 2031. Powdered pet milk replacers will dominate the market, due to convenience in terms of transport and logistics. The U.S. is projected to emerge as a lucrative market, with the North America market expanding at a 4.90% CAGR. Germany will lead the Europe pet milk replacers market. As per the market analysis, Europe is anticipated to exhibit a steady 5.60% CAGR. Demand for pet milk replacers in China are expected to be positive, with increasing expenditure on pet food and accessories in the country. Japan and South Korea will account for 4.9% and 3.2% of the total market share respectively.

Competitive Landscape

Cargill, Incorporated, Archer Daniels Midland Company, Glanbia plc, CHS Inc., Nutreco N.V., Pet-Ag, Inc., Land O’Lakes, Liprovit BV, Calva Products, LLC, and Jordan Agri Limited. are among the leading players operating in the pet milk replacers market.

As a part of their growth strategies, leading players in the market are emphasizing on product development and production facility expansions to fulfill the growing demand. Acquisitions and collaborations will hold significance among market players. For instance:

In July 2021, Archer Daniels Midland Co. announced its plans to acquire Serbian agribusiness company Sojaprotein. The company intends to expand its diverse product portfolio with this acquisition, improving its meat alternatives, confectionery, pharmaceutical, and pet food segments. In April 2020, Pet-Ag, Inc. inaugurated its fully operational production and distribution facility in Hampshire, Illinois. The 157,000 square-foot building consolidated two of Pet-Ag’s production, research, and administrative locations in Kansas City.

Pet Milk Replacers Market by Category

By Pet Type: 

  • Dogs
  • Cats
  • Others

By Product Type:

  • Medicated
  • Non-medicated

By Form Type:

  • Liquid
  • Powder

By Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding China (APEC)
  • China
  • Middle East & Africa (MEA)

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Key Questions Answered in the Report

What is the current pet milk replacers market value?

The pet milk replacers market reached a valuation of US$ 192.7 Mn in 2021.

At what rate did the pet milk replacers market grow between 2016 and 2020?

The pet milk replacers market experienced positive growth, exhibiting a 6.30% CAGR between 2016 and 2020.

What are the key trends driving pet milk replacers sales?

Growing prevalence of pet humanization, coupled with longer shelf life and convenience of pet milk replacers are key growth accelerators in the market.

Who are the leading players in the pet milk replacers market?

Leading players operating in the pet milk replacers market include Cargill, Incorporated, Archer Daniels Midland Company, Glanbia plc, CHS Inc. and Pet-Ag, Inc.

What will be the demand outlook for the North America pet milk replacers market?

The North America pet milk replacers market is anticipated to grow at a steady 4.90% CAGR during the forecast period.

At what rate will the sales of pet milk replacers grow in Europe?

The pet milk replacers market in Europe is expected to exhibit a healthy 5.60% CAGR through 2031.

What is the market share of leading players in the pet milk replacers market?

The top 5 players in the pet milk replacers market collectively account for approximately 15-25% of the global market share in 2021.

Which are the top countries driving the sales of pet milk replacers?

Top countries in driving the pet milk replacers market sales are the U.S., France, Germany, China, and Brazil.

What is the current market share of Japan and South Korea in the global pet milk replacers market?

Japan and South Korea will account for 4.9% and 3.2% of the total market share respectively.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Coconut Water Market Boosting the Growth Worldwide: Market Dynamics and Trends, Efficiencies Forecast 2030

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Coconut Water Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2030.

The team of researchers at Future Business Insights are focussing on research and market study to produce different Coconut Water 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 Coconut Water 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:

Tropicana Products, Inc., a Bradenton, Fla.-based division of PepsiCo, introduced Tropicana Coco Blends.

Segmentation

Nature

  • Conventional
  • Organic

Application

  • Food
  • Bakery & Confectionery
  • Breakfast Cereal
  • Dairy Products
  • Sauces and Salads
  • Other Food Products
  • Beverages
  • Alcoholic Beverages
  • Tea & Coffee
  • Other Beverages
  • Cosmetics & Personal Care
  • Skin Care
  • Hair Care
  • Nutraceutical
  • Animal Feed & Pet Food
  • Retail

Flavour

  • Unflavored/Original
  • Flavored

Sales Channel

  • B2B/Direct
  • B2C/Indirect

Global

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

What is the size of the overall Coconut Water 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 Coconut Water Market in the Food and Beverage Market, and how they are expected to impact the market?

What are the attractive investment opportunities within the Coconut Water Market in the Food and Beverage Market?

What is the Coconut Water 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 Coconut Water Market in the Food and Beverage Market?

What are the recent trends in Coconut Water Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Coconut Water Market in the growth of the Food and Beverage Market?

What are the key market trends impacting the growth of the Coconut Water 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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Coconut Water Market Outlook & Key Findings

  • Future Market Insights (FMI) forecasts positive growth for global coconut water market at a CAGR of 10.5% between 2020 and 2030
  • Consumer preferences are shifting towards natural beverages hence big manufacturers are offering packaged coconut water drinks and beverages to gain traction
  • Over 70% of coconut water accounts for original/ unflavored. Despite availability in various flavors, regular coconut water will remain consumer favorite, accounting for nearly one-fourth of the market,  finds FMI

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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

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Sports Nutrition Market – Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2031

ESOMAR-certified consulting firm Future Market Insights (FMI) projects sports nutrition market to register an impressive growth through 2021 & beyond. Demand for organic sports nutrition beverages will increase, augmenting the sales in the market.

Newly released Future Market Insights (FMI) analysis projects global demand for sports nutrition market to total US$ 19,302.2 Mn in 2021. As per the report, the overall sales of sports nutrition will reach 737,780 MT in the year.

Rising health awareness will cause the demand healthy and nutritional flavored drinks to increase, spurring the sports nutrition market growth. FMI also predicts the demand in the market to rise at an impressive CAGR of 9.3% during the assessment period (2021 – 2031).

With the emergence of online fitness centers and health classes, sales of sports nutrition energy bars and ready to drink sports beverages have spiked tremendously. Manufacturers are therefore entering into alliances with local and regional fitness centers to capitalize on existing opportunities.

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Key Takeaways from FMI’s Sports Nutrition Market Study

Trend for veganism and healthy lifestyle among fitness enthusiasts will drive the sales of plant-derived ingredient sports nutrition. This segment is expected to hold maximum share in the global market. In terms of nature, organic segment will exhibit higher growth as compared to conventional backed by the rising demand for natural and organic products For B2C, flavored sports nutrition beverages are expected to remain dominant throughout the forecast period Expansion of online fitness and retail channels will spur the sales of sports nutrition, exceeding a valuation of US$ 64.1 Bn by 2031 The U.S. is expected to be the most lucrative market across North America during the assessment period India will emerge as a lucrative market backed by the rising demand for organic sports nutrition products in the country

“Growing prevalence of obesity across the globe is pushing the people to opt for healthy lifestyle. With emergence of online fitness centers and health classes, manufacturers are forging partnerships and alliances with local and regional fitness centers generating lucrative revenues,” says the FMI analyst. 

Competitive Landscape

Nestlé S.A., Red Bull GmbH, Ajinomoto Co., Inc., Keurig Dr. Pepper, Inc., Nutrabolt, GlaxoSmithKline plc., Optimum Nutrition, Inc., Premier Nutrition Corporation, Biothrive Sciences, Nutrabolt, Now Foods, INC Sports Nutrition, Vitaco Health, and Uelzena Group. among others are some prominent players operating in the sports nutrition market.

Sports Nutrition Market by Category

B2B

By Ingredient Type:

  • Plant-Derived Ingredient
    • Soy Protein
    • Rice Protein
    • Pea Protein
    • Potato Protein
  • Animal Derived Ingredient
    • Creatine
    • Milk Protein
    • Whey Protein Concentrates
    • Casein
    • BCAA (Branded Chain Amino Acid)
  • Blends

By Nature:

  • Organic
  • Conventional

By Region:

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

B2C

By Function:

  • Energizing Products
  • Rehydration
  • Pre-Workout
  • Recovery
  • Weight Management

By Product Form:

  • Ready-To-Drink
  • Energy & Protein Bar
  • Powder
  • Tablets/Capsules

By Flavour:

  • Regular
  • Flavored
    • Fruit Punch
    • Berries
    • Citrus
    • Chocolate
    • Vanilla
    • Others

By Sales Channel:

  • Modern Trade
  • Convenience Store
  • Specialty Store
  • Pharmacy Store
  • Online Retail
  • Other Sales Channel

By Nature:

  • Organic
  • Conventional

By Price Range:

  • Economic
  • Premium

Region

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

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Key Questions Answered in the Report

What is the current sports nutrition market value?

The sports nutrition market is expected to exceed US$ 19,302.2 Mn in 2021

At what rate did the sports nutrition market grow between 2016 and 2020?

The sports nutrition market projected steady growth, registering a CAGR at 7.4% between 2016 and 2020.

What are the key trends driving sports nutrition sales?

Rising trend for clean-label and non-GMO products and easy availability of flavored nutritional sports energy drinks and products will increase the sales.

Who are the leading players of sports nutrition?

Nestlé S.A., Red Bull GmbH, Ajinomoto Co. Inc., Keurig Dr. Pepper Inc., Nutrabolt, and GlaxoSmithKline plc., are the top players identified by Future Market Insights.

What will be the demand outlook for North America sports nutrition market?

North America’s sports nutrition market demand is set to rise at 10.7% CAGR over the forecast period of 2021 and 2031.

What is the market share of leading players in sports nutrition market?

The top players in the sports nutrition market will collectively account for 50-55% of global market share in the year 2021.

At what rate will sports nutrition demand rise in Europe?

Demand for sports nutrition across Europe will exhibit healthy expansion at 9.9% CAGR during the forecast period of 2021 and 2031.

Which are the top countries driving the sports nutrition market sales?

Top countries in terms of sports nutrition sales are China, the U.K., the U.S., India and Germany.

What is the current market share of Japan and South Korea in the global Sports nutrition market?

In 2021, South Korea will account for 0.7% of global sports nutrition market share, while Japan will contribute over 0.5% of global market share.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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

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High Protein Yogurt Market | Current Scenario and Industry Growth Forecast with Major Key Players data 2030

The global high protein yogurt market is stipulated to surpass USD 70 Billion by the end of 2030. According to a recent study conducted by Future Market Insights (FMI), for the period 2020 and 2030. Over the span of ten years the demand would show a growth at a CAGR of over 8%.

According to the study, growing demand for protein consumption is expected to accelerate market growth. The study offers a detailed analysis of the industry, covering key drivers of growth, opportunities, restraints and dominant trends. It uses innovative analysis techniques to provide market analyses with the most precision.

The FMI study delves deep into the prevailing dynamics to offer interesting insights into the high protein yogurt market. Some of these are:

In 2020, the estimated market value for high protein yogurt is USD 32 Billion. The market is expected to show significant growth over the forecast period APEJ, North America and Europe as primary markets for high protein yogurt anticipated to exhibit steady growth Conventional segment is expected to remain dominant in terms of nature. Conventional high protein yogurt holds a share of 84% in the global high protein yogurt market.

Consumers are moving towards high protein yogurt owing to its various types of flavour options available in the market. Manufacturers are focusing on innovations and product launches to cater to the rising demand for high protein yogurt Store based retailing has the largest market share, based on the sales channel, and is projected to rise at a promising rate over the forecast period.

Key players are likely to focus on business expansion and product launches to compete in the developed markets The demand for high protein yogurt is expected to rise as consumers increasingly focus on health and fitness.  High protein yogurt shows the intra-trend of complexity and investment that modern populations are making.

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Various Flavors to Provide Range of Options to the Buyers       

Product innovation and development is a continuous process which has evolved the food industry over the decades. From several flavors available for high protein yogurt, most commonly available flavors under brand names include plain, strawberry, vanilla, raspberry, peach, chocolate, and blueberry. Additionally, there are certain unique flavors that are offered by various brands.

As consumers always look for innovative flavors, therefore these products may provide range of option to the consumers and also beneficial for the manufacturers. The increasing flavor inspiration among the customers has raised the demand for vibrant flavors and more palatable products in the market, which has generated various new concepts in the yogurt industry, High protein yogurt are gaining consumer’s attention with their nutritional value and vibrant flavor offerings by leading brands

“The high protein yogurt market, spearheaded by boomers and millennial demographics, is no longer complacent in antiquated practices. By embracing innovation, manufacturers are exploring an array of imaginative possibilities in producing high protein yogurt while consumers are no longer tied to a few unbecoming options.” said a lead analyst at FMI

Who is winning?

As manufacturers seek to lessen the unpredictability caused by demand uncertainty and surging cost, they are aiming at higher control over the supply chain to aid organizational alertness and improve pace to market. Moreover, by focusing on building an organization that is adequately flexible to prosper in today’s economy, manufactures are correspondingly keeping an eye on the bigger picture. Those operating in food and beverage industry are improving supply chain efficiencies thereby lowering operational costs to gain greater profits in highly competitive industry. The companies are also focused on new product launches and expansion of the company.

In 2018, General Mills, Inc., launched its latest yogurt YQ by Yoplait, which is a high protein and less sweet yogurt made with ultra-filtered milk. Yogurt is offered in plain and flavoured variety. Flavoured variety includes lime, mango, strawberry, peach, blueberry, coconut, and vanilla which has 9 grams of sugar and 15 grams of protein. In 2016, Chobani, LLC, expands its manufacturing facility in Twin Falls, Idaho which will help the company to grow in the region and state.

The company invests nearly $100 million incremental investment to fuel momentum as company continues to grow category and push into new areas. This move will help the company to meet demand for new and existing products. In 2017, GROUPE DANONE, acquires WhiteWave, which was a strategic move towards plant-based food and drinks, helping to meet consumer expectations for healthier and sustainable choices. This acquisition will enhance the product portfolio with health focused and consumer loved brand options.

Key Segment

Nature

  • Organic
  • Conventional

Product Type

  • Spoonful
  • Drinkable

Source

  • Dairy Based
  • Plant Based

Flavor

  • Regular
  • Flavored
  • Berries
  • Vanilla
  • Chocolate
  • Peach
  • Mango
  • Banana
  • Apple
  • Others

Sales Channel

  • Food Service (HoReCa)
  • Store Based Retailing
  • Hypermarkets/Supermarkets
  • Food & Drink Specialty Stores
  • Independent Small Grocery
  • Online Retail

Global

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

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High protein yogurt Market Outlook & Key Findings

  • Future Market Insights (FMI) forecasts positive growth for global high protein yogurt market at a CAGR of 8% between 2020 and 2030
  • Consumer preferences are inclining towards maintaining a healthy lifestyle, which has led to the higher consumption of high protein products with potential health benefits.
  • Over 82% of high protein yogurt accounts for flavored. Despite availability in regular, flavored high protein yogurt will remain consumer favorite,  finds FMI
  • Spoonful high protein yogurt is valued at US$ 26,612.3 Mn in 2020 and is anticipates to reach US$ 58,436.5 Mn with a value CAGR of 8.2%
  • Focusing on developing plant-based probiotic yogurt creating opportunities for the manufacturers in the high protein yogurt market

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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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Fish Feed Market Regional Growth Drivers, Segmental Analysis, Opportunities and Trends 2022-2032

The fish feed market is estimated to account for about USD 112 billion in 2022 and is projected to reach a value of about USD 158.5 billion by 2032, at a CAGR of 8.0%.

Fish feed manufacturers are continuously driven towards increasing their production capacity by building state of art facilities at their sites to improve the quality and efficacy of their fish feed and boost the species performance and digestibility. Though, subjected to squeezed cash flow, likely Greenfield announcements are on hold and brownfield expansion may resume by the end of next quarter.

The cultivation of newly found species and their increasing applications in the feed industry is are key factors enabling growth in the fish feed market. New aquatic life, which are richer in protein and nutrient content, are gaining popularity as substitutes for older aquatic products. The rising demand for better and effective substitutes will spur the growth in the fish feed market.

The increasing frequency of disease outbreak in the last few years is adversely affecting production of major aquaculture species, including tilapia and shrimp. To contain this and ensure uninterrupted production, businesses will extensively invest in research and development activities. Such initiatives are likely to have positive impact on the overall market.

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The rising demand for organic food will also give impetus to the market. Driven by prevailing market forces, companies are likely to focus on “organic” certification. This is a key trend to look forward to in the fish feed market.

Key Takeaways from the Fish feed Market Study

  • The fish feed market is estimated to be valued at US$ 32.8 Bn in year 2022 and exhibit a CAGR of 11% between 2022 and 2032
  • Among forms, the pellet segment is estimated to be dominant in the global fish feed market, with a revenue share of nearly 50%
  • Currently the fish feed market is led by fish and fish products among product types with share of more than 80%
  •  Nutrition management for special nutritional requirements in fish feed is indispensable for the market players. This tool helps them combat the negative impact of diseases and improve survival rates in fishes.

 “The demand for commercially produced feed, water treatment products, feed additives, fertilizers, and vaccines will increase in the coming years. Recently genetics and animal health products have become more sophisticated. This will aid in the development of feed of desired effect,” said an FMI analyst.  

Who is winning?

A few of the companies operating in the fish feed market are Cargill, Inc., Norel SA, Koninklijke DSM N.V., Aller Aqua A/S, BioMar Group, Zeigler Bros., Inc., Archer Daniel Midland, Skretting AS, Nutreco N.V., Biomin Holding GmbH, Dibaq Diproteg SA.

These companies are primarily focusing on developing innovative fish feed products. Besides this, some of them are emphasizing on acquisitions and investment in research and development of advanced technologies to launch novel products. For instance

  • In 2019, Nutreco launched two new fish feed products under the brand Skretting AS in Egypt to increase its market presence in Europe region
  • In 2017, Nutriad NV improved its product range by using advanced formulating techniques NutriTrace into its organic mineral product line to improve its commercial industry standards
  • In 2016, Ridley acquired  Camilleri  to improve its product range
  • In June 2015, ADM released its new fish feed product derived of algae rich in DHA in collaboration with between Bunge Ltd. and terravia

Market Segmentation

Product Type:

  • Plant Based
  • Fish & Fish Products
  • Microorganism

Form:

  • Pellet
  • Granules
  • Flakes
  • Sticks
  • Powder

End Use Application:

  • Commercial
  • Household

Distribution Channel:

  • B2B
  • B2C
    • Store based
    • Online retail

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Key Questions Answered in the Report

  • What is Fish feed market size?

The fish feed market is estimated to be valued at USD 112 billion in 2022 and is projected to reach USD 158 billion by 2032, recording a CAGR of 8.0%, in terms of value.

  • At what rate did the Fish feed Market Expand in The Last Five Years?

According to FMI’s study, the Fish feed market grew at 7.6% CAGR between 2017 and 2021.

  • What are the key factors driving Fish feed market demand?

The rising global fish consumption and an increase in processed seafood consumption are due to rising middle-class affluence in developing countries.The limited availability of marine feed resources as there is a growing demand for fish results in the growth of fish farming driving the demand for fish feed.

  • Which Countries Are the Highest consumers of Fish feed?

India, China, Japan, the United States, Brazil are the highest consumers of Fish feed.

  • Which is the Highest-Grossing Region in the Global Fish feed Market?

Asia-pacific region is a leading market share in the global Fish feed market, estimated to account for more than 50% of the overall market in 2022.

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Vegan Flavors Market Worldwide Growth, Trends, leading Segments & Opportunities to 2032

The global vegan flavors market size is expected to reach US$ 12.7 Bn by the end of 2030. As per FMI study, the vegan flavors market is expected to exhibit positive growth trajectory at 4.8% CAGR between 2020 and 2030.

The vegan, reducetarian and flexitarian population is rising across the globe because of which manufacturers are preferring the use of vegan flavors in processed, snacks, baked and confectionery food products. They are investing in research and development to foster innovations, which would aid in the expansion of the market.

Increasing awareness regarding health and wellness is encouraging consumers to make healthy lifestyle choices. This trend has put vegan flavors and ingredients under the spotlight. As leading companies scramble to capitalize on this opportunity, the market will witness frequent launch of gluten-free, organic, sugar-free, fat-free, and non GMO products.

The report provides an exhaustive overview of the vegan flavors market. It covers prevailing trends, growth drivers and potential restraints. The impact of various strategies adopted by the key players is studied as well in detail in the report.

“Vegan diet is trending across the globe and manufacturers are capitalizing on this opportunity by offering food products in unique vegan flavors. Key players in the market are also focusing on ascertaining product quality, sustainability of the vegan flavor products, partnership and joint venture to strengthen the supply chain, “said a lead analyst at FMI.

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It includes in-depth insights into the vegan flavors market. Some of these are:

  • The estimated value of global vegan flavors market is US$ 7.9 Bn for 2020
  • South Asia poised to offer 1.5X better opportunity prospects in mid to long term forecast period for players in the vegan flavor market
  • Key players are focusing on customizing flavors to increase the sale of their products
  • The unprecedented spread of COVID-19 has rendered consumers more health conscious. This, besides the spread of rumors linking the virus to meat consumption will push consumers in favor of vegan lifestyle. The vegan flavors market is likely to gain momentum as a result of this

Rising Health-Awareness Driving the Vegan Flavors Market Growth

The use of artificial additives and synthetic flavors has been linked to underlying causes of various illnesses. Consumers have therefore become cautious about ingredients used in their food. The scales have inevitably tilted in favor of organic, natural, additive-free, and chemical free food products.

The demand is likely to surge further as consumers consciously choose food to avoid food allergies, poisoning or other side effects. The trend has picked up pace in the last few years and is here to stay. The demand for clean label products has therefore surged.

Consumers are shifting to natural and organic products, as they are more aware about their own and their family’s health and well-being. Growing awareness about the harmful effects of synthetic and chemical additives has made them shift to products containing natural ingredients.

Manufacturers of these products also want to maintain the trust of their consumers, and therefore are maintaining transparency in the ingredients and production processes they use. Many manufacturers also specify the source of procurement of raw materials along with the region that it is procured from.

Due to the growing demand for natural food ingredients, the consumption of plant-based food ingredients is increasing as compared to ingredients derived from animal, seaweed, microbial & fermented and artificial sources. The willingness of consumers to pay a premium price for a natural products has changed dynamics of various markets, and is anticipated to yield positive results for players in the vegan flavors market.

Who is Winning?

Some of the key players operating in the vegan flavors market are International Flavors & Fragrances, Inc., Sensient Technologies Corporation, The Edlong Corporation, Innova Flavors, Flavor Producers, LLC, LorAnn Oils, Symrise AG., Givaudan SA, McCormick & Company, Inc., Döhler Group SE, Kerry Group and other players.

The companies operating in the market are focusing on acquisition, mergers, joint venture and expansion to increase their production capacity, expand their product portfolio and geographical presence. Key players are concentrating on launching unique products withvegan flavors.

  • In July 2019, Symrise AG launched a new production line for liquid flavorings in Russia. It aimed to provide regionally-produced taste solutions for sweet, beverages, and dairy products.
  • In May 2019, Givaudan SA completed the acquisition of the French company Albert Vieille SAS, which has a strong hold on the local market. This acquisition is expected to help the company to enhance its presence in European countries.
  • In 2019, Unilever’s Magnum launched its first ever vegan ice cream in New Zealand. The products are marketed as Magnum Dairy Free.
  • In 2019, Plant Veda launched the world’s first vegan probiotic Lassi in North America. It is available in 5 flavors: mango, saffron cardamom, coffee, vanilla, and turmeric ginger.

Market Segmentation

The global Vegan Flavors market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Form

  • Powder
  • Liquid

By Source

  • Vegetables
  • Fruits & Others
  • Fusion
  • Herbs & Spice

By Application

  • Food Industry
  • Processed Food
  • Dairy
  • Bakery
  • Confectionery
  • Beverage Industry
  • Flavored Drinks
  • Energy Drinks
  • Fruit Juices
  • Pharmaceutical Industry
  • Others

By Region

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

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Vegan Flavors Market Outlook & Key Findings

  • Future Market Insights (FMI) forecasts optimistic growth for global vegan flavors market and projects a CAGR of 4.8% between 2020 and 2030
  • Demand for plant-based bakery and confectionery products is increasing as consumers are more inclined towards vegan diet and healthy lifestyle
  • More than 80% of vegan flavors produced worldwide in 2019 were derived from fruits
  • In 2019, liquid form of vegan flavour held over 60% production share against other forms
  • Other factors contributing to market’s snowballing growth includes increasing prevalence of lactose intolerance among consumers and a desire to maintain eco-friendly and sustainable food choices

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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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Polyethersulfone (PES) Market Forecast to 2027 Top Players BASF SE, Jiangmen Youju New Materials Co., Ltd

Polyethersulfone (PES) belongs to the family of thermoplastics polymers which is further classified as sulfone plastic. Polyethersulfone polymers are stable at high temperature and exhibit high toughness. Ability to be high hydrolyzed makes polyethersulfone to finds its applications in medical industry and ability to resist heat makes PES to find its application in Military uses. Polyethersulfone when reinforced with the glass fibers makes the composite to have high strength and Young’s Modulus in comparison to the composite without polyethersulfone reinforcement. In electronics industry Polyethersulfone is used as a dielectric capacitor.

PESU Polyethersulfone membranes are membrane polymers which are used in pharmaceutical and biotechnology industries.  Polyethersulfone are stable polymers having broad temperature and pH range. Polyethersulfone membrane scan also be used to remove Clostridia, Salmonella, Mycoplasma reduction, Yeasts and Mammalian cells from liquids. Advantages of using Polyethersulfone are they generate low smoke, exhibit excellent electrical properties at elevated temperatures, transparent, have excellent chemical resistance and are easily machined.

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Polyethersulfone (PES) Market: Dynamics

Growing demand for high performance engineering plastics across various industries such as Construction industries, aviation industries and automotive industries is expected to drive the Global demand of Polyethersulfone during the forecast period.

Increasing applications of polyethersulfone in dental and medical sector is expected to further drive the consumption. Superior properties such as high thermal resistance and chemical resistance over polyamides and polycarbonates i.e. (thermoplastics) is expected to cause the growth in consumption of Polyethersulfone.

Growing filtration needs in sanitary and food & beverages industry is expected to raise the demand for membranes which in turn is expected to gear up the consumption of Polyethersulfone during the forecast period

High cost of Polyethersulfone compared to other plastics available in market and high cost involved in processing is expected to pose the restraint in the growth of Polyethersulfone market.

Polyethersulfone (PES) Market: Regional Outlook

North America is expected to witness the significant growth in Polyethersulfone market. Due to high growth in automotive industries and medical industries coupled with High per capita consumption is expected to boost the demand of Polyethersulfone during the forecast period

Emerging economies such as China and India and Indonesia in Asia Pacific are expected to witness the substantial growth in Polyethersulfone market. This can be attributed to the increasing expenditure of individuals in Healthcare coupled with growing industries such as automotive, food & beverages and Aerospace etc are expected to accelerate the demand of Polyethersulfone (PES) during the forecast period of time.

Europe and Middle east & Africa (EMEA) region is expected to witness the growth in Polyethersulfone market due to the presence of growing automotive manufactures in region and increasing expenditure in military sector is expected to spur the Europe Polyethersulfone (PES) market

Latin America is expected to witness the stable growth in Polyethersulfone market which can be attributed to the stable growth in end use industries where Polyethersulfone is used such as Automotive, Medical, Military and Aerospace etc.

Polyethersulfone (PES) Market: Market Participants

Examples of some of the market participants in the Polyethersulfone (PES) market are:

  • BASF SE
  • Jiangmen Youju New Materials Co., Ltd
  • Solvay SA
  • Solvay Specialty Polymers USA
  • Sumitomo Chemical Company
  • Evonik Industries AG
  • Infinity LTL Engineered Compounds
  • SABIC Innovative Plastics US LLC
  • Westlake Plastics Company
  • Centroplast Engineering Plastics GmbH
  • du Pont de Nemours and Company

The research report presents a comprehensive assessment of the 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 geographies, application, and industry.

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Polyethersulfone (PES) Market: Segmentation

Polyethersulfone (PES) Market can be segmented on the basis of Type:

  • Polysulfone (PSU)
  • Polyethersulfone (PESU)
  • Polyphenylsulfone (PPSU)

Polyethersulfone (PES) Market can be segmented on the basis of End Use Industry:

  • Medical
  • Automotive
  • Household
  • Electrical & Electronics
  • Aerospace
  • Military
  • Others

Polyethersulfone (PES) Market can be segmented on the basis of Application:

  • Paints Coatings
  • Composites
  • Others

Polyethersulfone (PES) Market can be segmented on the basis of Product Type

  • Medical Grade
  • Industrial Grade

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Furan Resin Market Current and Future Demand, Analysis, Growth and Forecast by 2027

Furan resins are categoried under heterocyclic organic compounds having one oxygen atom and four carbon atoms connected to each other in an aromatic ring-shaped structure. Furan resins are generally soluble in commercially available organic solvents, such as ether, acetone and alcohols. They are generally colourless, flammable and volatile in nature with a boiling point equivalent to room temperature. These resins harden when heated. The hardening process can be accelerated if heating is done in the presence of an acid catalyst. Furan resins are characterized by high resistance to alkali, acids, chemicals and heat.

Moreover, these furan resins impart exceptional mechanical strength to the end product. Commercially, there are four types of furan resins available in the market, namely furfuryl alcohol resin, furfural resin, bran ketone resin and branone formaldehyde resin. Raw material for furan resins namely furfuryl alcohol, is processed from corn cobs, sugarcane bagasse, oats, and wheat bran among others.

Furfuryl alcohol finds application in aerospace industry as a hypergolic fuel, which shows a characteristic of rapid ignition in the presence of fuming nitric acid. It also finds application as a raw material in the synthesis of specialty chemicals that find adoption in different applications. Furan resins find adoption on a large scale in applications, such as the foundry industry, synthesis of adhesives and sealants, formulation of plastics and the automotive industry, to name a few. Furan resins are also used as raw materials in the synthesis of polymer mortars and polymer concretes, which exhibit a high level of mechanical strength and increased corrosion resistance. This concrete is further used in the construction of chemical plants and in chemical equipment as a refractory lining. Furthermore, furan resins are also used as binders in the manufacturing of glass plastics with exceptional hardness.

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Furan Resin Market: Region-wise Outlook

The global furan resin market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). As of 2016, in North America, growth is driven by the viability of raw materials and increase in demand from construction industries. Furan resin market in Japan is expected to show relatively slow-moderate growth in terms of consumption. APEJ and Latin America regions will also register rapid growth due to the increasing demand for furan resins with the increase in application in plastics and resin formulations.

Additionally, proximity to raw material within the region is expected to fuel the growth in demand for furan resins. Growth in the chemical industry, especially in emerging economies, such as China, South Korea and India is expected to be witnessed over the forecast period. Europe is anticipated to witness steady growth in consumption of furan resins, owing to growth in consumption across a variety of applications and increasing preference for ecofriendly products based on furan resins. MEA region is also projected to expand with a significant CAGR over the forecast period.

Furan Resin Market: Market Participants

Examples of some of the market participants in the global Furan Resin Market identified across the value chain include:

  • The Chemical Company
  • Nova Molecular technologies
  • DynaChem Inc.
  • The Chemical Company
  • Hongye Chemical Co. Ltd
  • Penn A Kem LLC.
  • Continetal Industries Group Inc.
  • Shenzhen Shu Hang Industrial Development Co. Ltd.
  • NeuChem Inc.
  • SweetLake Chemical Ltd.
  • Novasynorganics
  • Sweet Lake Chemical Ltd.
  • International Process Plants

The research report presents a comprehensive assessment of the 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 geographies, application, and industry.

Furan Resin Market: Segmentation

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

  • Furfuryl Alchol Resin
  • Furfural Resin
  • Bran Ketone Resin
  • Branone Formaldehyde Resin

On the basis of application, the furan resin market can be segmented as:

  • Paints & Plastics
  • Foundry Industry
  • Automotive
  • Adhesives & Sealants
  • Others

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

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Polishing/Lapping Film Market Size by 2028: Global Demand and Regional Analysis

A polyester based sheet powder that is covered with precisely graded minerals including silicon oxide, aluminium oxide, silicon carbide, cerium oxide, or diamond is known as a Polishing / Lapping Film. Lapping films are abrasive consumables that are coated with precision and are used for polishing and processing optical fiber connectors. The Polishing / Lapping Film is mainly used in polishing and finishing materials that are hard to grind which include exotic alloys, ceramics, carbide, composites, hardened metals, and others. The Polishing / Lapping Film is utilized where close tolerances are required, for polishing and micro finishing. The substrates that are used in Polishing / Lapping Film are plastic, glass, and metal.

Polishing / Lapping Film is used commonly in fiber optic connectors, medical devices, electronics components, precision instruments, hard disk drive, micromotors, waveguides, mobile handheld case, displays, glass cleaning and repair, finishing and repair, glass edge polishing, and others. The Polishing / Lapping Film possesses versatile attributes such as ability to help change grades in less than a minute, eradication of chatter and traverse marks which help in the reduction of rework and rejects, saving the downtime on multiple grade sequences, higher cut rate, superior durability, micro replicated abrasives, ability to help achieve fine finishes, and others. Owing to these features along with its wide range of application, Polishing / Lapping Film market is expected to witness a demand escalation amongst the industries.

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Dissecting the Polishing / Lapping Film Market for Evaluating Promising Segments

The Polishing / Lapping Film market is fragmented based on types that include metallized film, stretch film, shrink film, and adhesive film. On the basis of the raw materials, the Polishing / Lapping Film market is segregated into segments which include LLDPE, poly vinyl chloride, polyamide, PE and laminated materials. The market of Polishing / Lapping Film can be segmented based on its usage including segments such as food and cling film, medicine film, packaging film, and others.

Geographical Analysis to Examine the Global Spread of the Polishing / Lapping Film Market: APEJ Region to Project Increasing Demand

The Polishing / Lapping Film market is spread across the globe with its presence in the key regions. Regions including Latin America, North America, Western Europe, Middle East and Africa (MEA), Japan, Eastern Europe, and Asia Pacific Excluding Japan (APEJ) are assessed for understanding the regional coverage of the market of Polishing / Lapping Film. Owing to the increasing investments in the APEJ region and its manufacturing units, the Polishing / Lapping Film market is anticipated to witness a surging demand from the APEJ region. With the market in China and India being on a growing stage, the market for Polishing / Lapping Film is expected to be fueled in these countries during the forthcoming decade.

Competitive Analysis to Evaluate the Contribution of Polishing / Lapping Film Market Participants

Market players known to contribute to the healthy growth of the Polishing / Lapping Film market include Haining Fusen Tape Co., Ltd., Fiber Instruments Sales Inc., Henan Union Abrasives Corp., Futamura Chemical Co., Ltd., Lee Valley Tools, Nantong Huaao Plastic Co., Ltd., 3M Electronics, Kemet International Ltd. Precision Fiber Products, Inc., and others.

The research report on Polishing / Lapping Film market presents a comprehensive assessment of the 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 on Polishing / Lapping Film market provides analysis and information according to market segments such as geography, technology and applications.

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Segmenting the Polishing / Lapping Film Market Based on Key Elements

Polishing / Lapping Film market can be segmented on the basis of types, including:

  • Stretch film
  • Metallized film
  • Adhesive film
  • Shrink Film

Polishing / Lapping Film market can be segmented on the basis of type of raw material, which include:

  • li>Poly Vinyl Chloride
  • Polyamide
  • PE
  • LLDPE
  • Laminated Materials

Polishing / Lapping Film market can be segmented on the basis of type of usage, which include:

  • Packaging film
  • Food and medicine film
  • Cling film
  • Others (Photovoltaic film, shipping labels, etc.)

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

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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United Arab Emirates
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For Sales Enquiries: sales@futuremarketinsights.com