Market Research Blog

The single cell oil market is poised for exceptional growth, with predictions indicating a staggering valuation of US$ 914.52 billion by 2033, marking a monumental CAGR of 25.65% from 2023 to 2033. Single cell oils, derived from microorganisms like fungi, algae, and bacteria, find extensive applications in animal feed, cosmetics, and biofuels, fostering market development. The escalating demand for specialty applications in these sectors propels the market’s robust expansion.

The demand for single cell oils has witnessed a consistent upswing, reaching US$ 74.20 billion in 2022 from a market size of nearly US$ 29.77 billion in 2018. Sustainability concerns have become paramount, driving the adoption of single cell oils recognized for their environmental friendliness and sustainability. Consumers, businesses, and governments are embracing these oils for their essential nutrients, contributing to their demand in the food & beverage, pharmaceutical, and infant food sectors.

Growing Factors

The fungal microorganisms segment is anticipated to experience significant growth, projecting a noteworthy CAGR of 18% from 2023 to 2033. Fungal single cell oils, rich in Polyunsaturated Fatty Acids (PUFAs), align with the increasing consumer preference for healthy food options. PUFAs, including omega-6 and omega-3, provide various health benefits, driving the demand for fungal single cell oils in functional foods and dietary supplements.

The bio-fuel feedstock application segment is set to garner substantial revenues, reaching nearly US$ 9 billion in 2022. Single cell oils serve as an ideal feedstock for biofuels due to their high production rates, resistance to climatic changes, and scalability for industrial processing. Sustainability considerations, such as land use and water consumption, underscore their suitability for biofuel production.

Key Takeaways from Single Cell Oil Market:

• In 2018, the global market size stood at nearly US$ 29.77 billion.
• In 2022, the market witnessed astronomical growth, accounting for US$ 74.20 billion.
• The fungal microorganisms segment is anticipated to register a remarkable CAGR of 18% from 2023 to 2033.
• The bio-fuel feedstock segment generated nearly US$ 9 billion in 2022 due to its high production rates.
• Asia Pacific single cell oils market is anticipated to witness colossal growth during the forecast period, exhibiting an impressive CAGR of 17.2% from 2023 to 2033.

Recent Developments Observed by FMI:

• A new line of fish oil made from Norwegian herring was introduced by Grontvedt, a manufacturer of sustainable marine goods, in February 2023. The new product has no flavor or odor and is abundant in cetoleic acid.
• In August 2022, researchers from the United States and Japan created a brand-new sample pre-treatment technique based on the digestion of water droplet oils. Effective protein recovery is probably possible with this new technique.
• Protein innovator Calysta and animal nutrition leader Adisseo partnered to form Calysseo and launch FeedKind in June 2022. FeedKind is the world’s first industrial-scale facility that might produce FeedKind Aqua protein. This new functional sustainable protein is a high-quality seafood that is aimed to reduce environmental pressure.

Key Players in the Global Single Cell Oils Market

• Cargill Incorporated
• DIC Corporation
• Xiamen huison Biotech Co. Ltd.
• Royal DSM NV
• Alltech
• Cellana Inc.
• Georlich Pharma GmbH

Single Cell Oils Market Segmentation

By Microorganisms:

• Bacteria
• Yeast
• Microalgae
• Fungal

By Application:

• Bio-Fuel Feedstock
• Fish Oil Substitute
• Functional Oils
• Animal Feed
• Infant Formulae
• Pharmaceutical Products
• Aquaculture

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• The 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

As per Future Market Insights (FMI), North America licorice extract market size will increase from US$ 75.4 million in 2023 to US$ 155.9 million by 2033. Overall licorice extract sales in North America are set to surge at 7.6% CAGR from 2023 to 2033.

Growing consumer interest in herbal remedies is driving the market for licorice extract. In recent years, demand for Chinese herbal medicine has increased, especially in the markets of the United States and Europe.

The market for herbal medicines is expanding rapidly as a result of the popularity of Chinese medicine. This in turn is creating lucrative opportunities for licorice extract producers and suppliers.

Widening applications in the pharmaceutical industry will elevate licorice extract demand in North America market through 2033.

Immune health supplements are becoming more popular among consumers, particularly among youth. The market of licorice extract supplements is largely influenced by increasing concern for overall health.

Youth is more susceptible to immune system disorders such as allergies, asthma, inflammatory illnesses, and others. This increases the demand for immune system supplements across North American countries.

Consumers are becoming more health conscious. As a result, they prefer to include naturally produced plant-based items in their daily diet that are free of sugar and gluten.

Consumption of plant-based substances with a variety of nutritional and health properties is increasing due to consumers’ growing awareness about living healthy lives. The market for licorice extract will be driven by the rising awareness of immunity-boosting supplements.

Key Takeaways from the North America Licorice Extract Market Report:

• North America licorice industry market will reach a valuation of US$ 155.9 million by 2033.
• Licorice extract sales across North America are likely to soar at 7.6% CAGR through 2033.
• In 2023, liquid licorice extract segment will hold 45.2% share, while the capsules licorice extract segment will account for 37.2% share
• Chewable tablets segment will witness a healthy CAGR of 10.2% from 2023 to 2033.
• By application, digestive health segment holds a prominent market share of 29.4% in North America market.
• The USA licorice extract industry will cross a valuation of US$ 139.1 million by 2033.
• Licorice extract demand in Canada is forecast to increase at 8.7% CAGR through 2033.

“Rising awareness about the potential health benefits of licorice extract will continue to encourage its adoption across various industries. This in turn will provide impetus to North America market.” says a lead analyst at Future Market Insights (FMI).

Who is Winning?

Swanson, BioMatrix International, Bio-Botanica Inc., PharmaChoice, Horbäach, NOW® Foods, NIKKO CHEMICALS CO., LTD., Carlyle Nutritionals, Hard Eight Nutrition LLC., Nature’s Sunshine Products, Inc. are leading licorice extract producer and suppliers profiled in the report.

Most of these companies are leveraging advanced technologies to increase their production capacities and reduce costs. They are also using strategies such as mergers, partnerships, distribution agreements, acquisitions, and collaborations to solidify their positions.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the North America licorice industry presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the North America licorice extract market based on form (chewable tablets, capsules, gummies/chews, powder, and liquid) and application (boost energy, brain health, colon health, digestive health, immune support, liver support, and skin health) across the USA and Canada.

North America Licorice Extract Market Segmentation

By Form:

• Chewable Tablets
• Capsules
  • Gelatin
  • HPMC
• Gummies/ Chews
• Powder
• Liquid

By Application:

• Boost Energy
• Brain Health
• Colon Health
• Digestive Health
• Immune Support
• Liver Support
• Skin Health

By Country:

• USA
• Canada

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 estimates from Future Market Insights (FMI), the global zero sugar beverages market is likely to be worth US$ 3,328 million in 2023. It is expected to pick up speed with a CAGR of 14.7% from 2023 to 2033. By 2033, the global market is anticipated to reach a value of around US$ 13,150.6 million.

Premiumization has contributed to bridging the gap between luxurious and normal markets. Hence, all customers can acquire exclusive and innovative products.

Manufacturers of zero-sugar beverages can clearly see how premiumization is beneficial. Consumers are now willing to pay more for products with value-added features and actual benefits.

They are becoming more confident in the brand name and clean labelling. Considering product quality, leading manufacturers are concentrating on improving consumer-end products.

With increasing number of zero-sugar beverages available, modern consumers are able to find products that fit their specific needs and preferences, whether it’s for taste, convenience, or nutrition. Common flavors available in the zero sugar beverages industry are cola, orange, lemon, watermelon, guarana, grape, and strawberry. Zero sugar beverages are also available in cans, PET bottles, and glass bottles.

There is a growing trend among consumers to opt for beverages made from natural ingredients without any added sugar. There is also an observable shift toward consuming natural food additives and sugar substitutes.

To cater to increasing demand for sustainable beverages, manufacturers are creating products with natural ingredient compositions and reduced processing. This is evident through the labeling of beverages as ‘no added sugar,’ ‘zero sugar,’ ‘light,’ and ‘diet,’ which aid consumers in making informed buying decisions.

Leading companies often introduce new products featuring unique flavors and promote them as either a ‘new edition’ or a ‘limited edition.’ This marketing strategy generates excitement and anticipation among consumers even before the product is released, which can benefit the product’s reception in the market.

For example, Coca-Cola launched a Grammy-nominated Marshmello-inspired limited edition zero-sugar Coca-Cola drink in June 2022. This new product featured a blend of natural flavors, including strawberry and watermelon. This approach allows companies to not only promote their brand, but also generate interest in their latest offerings.

Key Takeaways from the Zero Sugar Beverages Market Report:

• The zero sugar beverages industry witnessed moderate growth at a CAGR of 5% between 2018 and 2022.
• Based on sales channel, the retail sales segment is expected to hold the lion’s share in the evaluation period.
• North America is currently at the top in terms of the global zero sugar beverages industry share.
• The global zero sugar beverages industry is set to exceed a value of more than US$ 13,150.6 million by 2033.
• By product type, the sparkling soft drink category is anticipated to generate a leading share by 2033.

“It is anticipated that consumers will use plant-based sweeteners such as stevia and monk fruit more frequently. These provide a healthy, calorie-free substitute for conventional sweeteners. The market is also set to experience a surging product innovation. Leading businesses are getting ready to introduce fresh flavors and useful components to appeal to consumers who are health-conscious.” – Says a lead analyst.

Competitive Landscape

The competitive landscape is fueled by the presence of key national and international players. Leading Companies are implementing mergers & acquisitions and new product launches as key strategies to compete in the market.

Acquisitions and mergers have facilitated companies to improve product quality and expand product reach. Moreover, launching new products in the market has supported the companies to offer demanded quality products and meet the changing consumer trends across the industry.

Key Industry Developments:

• In February 2023, using 1 billion probiotics and prebiotics, Cove Gut Healthy Drinks introduced Cove Gut Healthy Soda. It is a sugar-free and functional soda. There are three flavors of Cove Soda: orange, grape, and lemon lime. The product line, which is reportedly the first to hit the market in Canada, is manufactured with organic ingredients. It also includes a natural plant sweetener that mixes prebiotics with probiotics to improve gut health.
• In July 2022, a sugar-free cola-flavored drink was planned to be introduced by China-based beverage giant Genki Forest. The new beverage has passed its final internal tests and will go on sale as soon as the first of August, with an early release scheduled for online retail sites. This action indicates that the soft drink entrant will be competing with Coca-Cola and Pepsi’s premium product lines. The secret to this product is the development of an internal sterile carbonic acid manufacturing plant.

Get More Valuable Insights into Zero Sugar Beverages Market

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global zero sugar beverages industry presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the global zero sugar beverages market based on product type (juices, sparkling soft drinks, energy drinks, sports drinks), sales channel (B2B/HoReCa, retail sales), and region.

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

As per Future Market Insights (FMI), the global oral clinical nutritional cream and pudding market size is estimated to reach US$ 655.7 million in 2023. Over the next ten years (2023 to 2033), global demand for oral clinical nutritional cream and pudding is expected to rise at 7% CAGR. Total market size at the end of 2033 is projected to reach US$ 1,294.1 million.

Increasing demand for specialized nutrition products will play a key role in boosting the global oral clinical nutritional cream and pudding market.

Rising impact of pollution and other contaminants in our everyday lives has seen a rise in prevalence of chronic diseases. This has led to a growing need for specialized nutrition products that can help manage various health issues. This includes conditions such as cancer, gastrointestinal disorders, and malnutrition, among others.

Rising prevalence of these health conditions is expected to elevate demand for specialized nutrition products such as oral clinical nutritional cream & pudding during the assessment period.

Growing awareness about health and wellness is likely to boost oral clinical nutritional cream and pudding sales through 2033.

To meet the unique nutritional needs of different patients, companies are developing specialized products. Various new products containing essential nutrients are being introduced into the market. This will positively impact the overall sales.

Emerging markets are expected to offer significant market growth opportunities for oral clinical nutritional cream and pudding manufacturers.

Emerging markets such as Asia, Africa, and Latin America are experiencing rapid economic growth, urbanization, and rising healthcare awareness. This is leading to an increase in preference for specialized nutrition products. Products like oral clinical nutritional cream and pudding are particularly among the aging population and those with chronic diseases.

Expanding into these markets presents an opportunity for companies to tap into new sources of revenue, increase their customer base, and establish a foothold in markets that are expected to experience significant growth in the coming years.

Key Takeaways from the Oral Clinical Nutritional Cream and Pudding Report:

• The global oral clinical nutritional cream and pudding marketis expected to reach a market valuation of US$ 1,294.1 million by 2033
• By product type, demand is expected to remain high for pudding in the market.
• Based on distribution channel, over-the-counter segment is likely to generate the most revenue in the market.
• Europe is projected to hold a value share of 2% in the global market by 2023.
• The United States market is forecast to reach a valuation of around US$ 331.5 million by 2033.
• India oral clinical nutritional cream and pudding industry is poised to exhibit a CAGR of 0% through 2033.

Growing requirements of nutritional supplements from consumers suffering from health issues such as gastrointestinal conditions is set to elevate demand for clinical nutritional cream and pudding, and similar products in the market. Manufacturers would find significant growth opportunities during the forecast period by creating marketing campaigns to educate consumers and increase awareness on the benefit of their products. – says a lead analyst at Future Market Insights (FMI)

Who is Winning?

Leading manufacturers of oral clinical nutritional cream and pudding include Nestlé SA (Boost), Danone SA (Nutricia), Fresenius Kabi, Lactalis Groupe, Nualtra Limited, Aymes International Limited, NutiWise Groupe Lactalis (Lactalis Nutrition Sante), Fresenius SE & Co., and others.

These companies are constantly launching new products into the market to increase their sales. They are also employing strategies such as distribution agreements, mergers, collaborations, partnerships, and acquisitions to solidify their positions. For instance,

• In 2021, Lactalis Ingredients introduced oral nutritional pudding made with Pronativ-Native Micellar Casein.
• In 2021, Nestle Health Science launched a new range of Resource ThickenUp Clear products including Resource ThickenUp Clear, Resource ThickenUp Clear Sticks, and Resource ThickenUp Clear Powder. These products are designed for people with swallowing difficulties and provide a clear, lump-free texture.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the oral clinical nutritional cream and pudding market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the oral clinical nutritional cream and pudding market based on product type (pudding, cream) and distribution channel (prescription based, over the counter) across various 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 global surimi market value is on a significant growth trajectory, with projections indicating it will reach a valuation of USD 6,548.3 million by 2033, expanding at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2033. Surimi, a versatile and cost-effective seafood alternative, is gaining popularity worldwide, driven by increasing demand for seafood products and the need for affordable alternatives to traditional seafood.

Key Market Drivers and Trends:

• Rising Demand for Seafood and Cost-Effective Alternatives: The global appetite for seafood is growing, and surimi’s role as an affordable alternative is crucial. Made from minced fish or other seafood, surimi can be used in various dishes, from sushi to imitation crab, making it an attractive option for consumers and food service providers.
• Health and Nutritional Benefits: Surimi products are low in fat and high in protein, aligning with the increasing consumer preference for healthy, protein-rich food options. This health-conscious shift is significantly boosting the consumption of surimi-based products.
• Sustainability and Environmental Considerations: Surimi production helps utilize fishery bycatch, contributing to pollution control and water conservation. As consumers become more environmentally conscious, sustainable surimi manufacturing practices are gaining traction.
• Innovations and Advancements: Ongoing advancements in washing processes and chemical processing methods enhance surimi production’s efficiency and quality. Extracting protein from underutilized fish species also supports market growth.

Regional Insights:

• As the leading market in the Asia Pacific region, China is expected to contribute a value share of 58% by 2033. The country’s health-conscious population favors low-fat, high-protein surimi, making it a popular choice for quick and healthy meals.
• The U.S. market is set to expand at a CAGR of 9.1%, reaching a valuation of USD 568.2 million by 2033. The long shelf-life of frozen surimi products and the rising popularity of Asian cuisine are driving surimi sales in the country.
• With a projected CAGR of 7.2%, India offers lucrative opportunities for surimi manufacturers. The increasing demand for convenient and affordable surimi products, such as crab sticks and fish sticks, is fueling market growth.

Competitive Landscape:

Leading companies in the surimi market are implementing strategic mergers and acquisitions, along with launching new products to meet changing consumer trends and enhance product quality. Notable developments include:

• Santa Bremor relocating its surimi sticks production to the Russian Sea plant in Noginsk.
• Mondi providing recyclable paper packaging to Angulas Aguinaga for its Krissia brand surimi sticks, reducing plastic usage.
• Maruha Nichiro introducing a new line of surimi-based products, Crab Tsumami, combining real crab meat and surimi paste.

Market Segmentation:

• By Species:
  1. Fish Surimi (84.55% market share in 2023)
  2. Meat Surimi
• By Form:
  1. Fresh
  2. Processed (Canned, Frozen)
• By Sales Channel:
  1. Direct Sales
  2. Indirect Sales (Modern Trade, Convenience Stores, Specialty Food Stores, Wholesale Stores, Discount Stores, Online Retail)
• By Application:
  1. Food Industry
  2. Pharmaceutical Industry
  3. Animal Feed
  4. Pet Food
  5. Food Service
  6. Retail

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