Market Research Blog

As per the latest analysis, the worldwide saffron market is estimated to be valued at US$ 337.9 million in 2024 and is anticipated to reach US$ 687.8 million by 2034. Over the next decade, global demand for saffron will likely increase at a CAGR of 7.4%.

Sales of saffron threads are expected to outpace those of powder and liquid ones. This is due to several advantages of saffron threads. The target segment is projected to account for a value share of 78.7% in 2024.

Multiple factors are set to spur the growth of the saffron industry during the assessment period. These include:

• Rising interest in diverse and international cuisines
• Increasing applications of saffron in the food & beverages, cosmetics, and pharmaceutical sectors
• Escalating demand for natural flavors and colorings
• Growing usage of saffron essential oil in aromatherapy
• Rising consumer awareness about the harmful effects of artificial colors
• Saffron’s association with luxury and exclusivity

As consumers become more adventurous with their culinary preferences, the demand for high-quality and exotic ingredients like saffron is expected to rise exponentially. This will likely boost market growth during the forecast period.

Saffron is widely used in the food and beverage industries as a flavoring and coloring agent. Hence, growing demand for processed food products is expected to bolster saffron sales throughout the forecast period.

The introduction of new products and widening applications of saffron are anticipated to support the expansion of the saffron industry through 2034. Similarly, innovative marketing strategies employed by key saffron manufacturers will benefit the market.

To increase brand preference and sales, manufacturers emphasize the quality and authenticity of their saffron products. They are implementing rigorous quality control measures to ensure that the saffron meets the highest standards.

Several companies are obtaining certifications for organic, fair-trade, or other quality standards, enhancing saffron products’ credibility. Consumers often seek assurance that the saffron they purchase meets certain quality and ethical standards. This will propel the saffron market forward.

Increasing the export of saffron is another key factor expected to boost overall demand and create lucrative growth opportunities for saffron manufacturers and suppliers. Hence, a robust CAGR has been predicted for the target market during the next ten years.

“The saffron market continues to experience growth driven by increasing global demand, premium positioning, health and wellness trends, product diversification, sustainable sourcing, and online and international markets. The market’s potential for lucrative opportunities is fueled by the spice’s authenticity, versatility, and cultural significance, making it an attractive ingredient in the food and beverage industry.”- says Nandini Roy Choudhury (Client Partner for Food and Beverages at Future Market Insights, Inc.)

Key Takeaways from the Saffron Report:

• The global market for saffron is expected to reach a valuation of US$ 687.8 million by 2034.
• Global demand for saffron will likely rise at 7.4% CAGR between 2024 and 2034.
• Based on form, the saffron threads segment is set to total US$ 526.1 million in 2034.
• By end-use application, the food & beverages processing industry is expected to grow at 5.1% CAGR through 2034.
• North America will likely hold a value share of 20.5% in the global market by 2034.
• The United Kingdom market is estimated to witness a value CAGR of 6.1% through 2034.
• Saffron sales in India are projected to total US$ 105.2 million by 2034.

Competitive Landscape

Key Players in the Saffron Market Include

• Azafranes Manchegos S.L.
• Dorreen Saffron Extract
• Norfolk Saffron Extract
• Pascual Reverte S.L.
• Saharkhiz Int Group Inc.
• Rowhani Saffron Extract Co.
• Safrante Global Company S.L.U.
• Triselecta S.L.
• House of Saffron
• Surkh Saffron

Key players are focusing on expanding their portfolios by launching new high-quality products. They also use strategies such as acquisitions, advertisements, celebrity endorsements, partnerships, agreements, and mergers to gain a competitive edge in the market. For instance,

• Natac Group purchased the French biotech INOREAL to boost its market position significantly in the saffron extracts sector.

Get More Valuable Insights

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

The study offers compelling insights on the saffron industry based on form (powder, threads, liquid), end-use application (culinary applications, food & beverages processing industry, cosmetics & personal care industry, fragrance, aromatherapy, and dietary supplements), functionality (food/feed/pharma grade and cosmetic grade), product claim (organic and conventional), saffron compound (crocin, crocetin, picrocrocin, safranal, others), and region.

Saffron Market by Category

By Form:

• Powder
• Threads
• Liquid

By End-use Application:

• Culinary Applications
• Food & Beverages Processing Industry
  • Bakery and Confectionary
  • Dressings & Condiments
  • Baby Food & Sauces
  • Beverages
  • Soups and Spreads
  • Salad
  • Meat and Meat Products
  • Seafood
  • RTE Meals
  • Dairy Products
• Cosmetics & Personal Care Industry
  • Lip Care
  • Skin Care
  • Hair Care
  • Sun Care
  • Bath & Body
  • Cosmetics
• Fragrance
  • Perfumes
  • Colognes
  • Body Mists
• Aromatherapy
• Dietary Supplements

By Functionality:

• Food/Feed/Pharma Grade
  • Antidepressant
  • Heart Health
  • PMS Treatment
  • Boosts Memory
  • Cancer Prevention
  • Antioxidants and Anti-inflammatory Compounds
  • Promoting Weight Loss
  • Flavor Enhancer
  • Insomnia Treatment
• Cosmetic Grade
  • Antioxidants and Anti-inflammatory Compounds
  • Antiaging
  • Heals Scars
  • Protects against UV Radiation
  • Reduces Pigmentation
  • Fights Inflammation
  • Dry Skin
  • Prevents Hair Loss

By Product Claim:

• Organic
• Conventional

By Saffron Compound:

• Crocin
• Crocetin
• Picrocrocin
• Safranal
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & 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
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The Europe malt extract market is valued at US$ 9.8 Bn in 2021. The market is likely to grow at a CAGR of 5.6% through 2026, reaching US$ 12.9 Bn by 2026.

In 2017, the Europe malt extract market is estimated to be valued at a little over US$ 7,900 Mn and is expected to reach more than US$ 12,900 Mn by the end of 2026, registering a CAGR of 5.6% over the forecast period. The market is estimated to represent an incremental dollar opportunity of US$ 5,411.5 Mn between 2016 and 2026.

Rising consumer awareness about the high nutritive value of diastatic malt extract will continue to drive the growth of the Europe malt extract market Increasing health awareness and rising consumer demand for traditional foods will also influence demand. However, the non-availability of substitutes and shortage of malt owing to increasing usage in breweries can impede demand. These insights are according to a new research report by Future Market Insights.

Diastatic malt extract is derived from sprouted grains and is used as a substitute product replacing sugar and honey needed to feed yeast in bakery products. Another important feature of diastatic malt is that it can also reduce the need for additional artificial sugar in bakery products and thus can be labelled as sugar-free. Also, as diastatic malt is rich in vitamins and enzymes, it increases the nutritional value of baked products and also helps in extending the shelf life of baked products.

The key trends influencing the Europe malt extract market include,

• Increasing preference for gluten-free bakery products: Concerns about rising obesity levels is prompting consumers in Europe to opt for gluten-free bakery products. Gluten-free malt extract is used as a colouring and sweetening agent in a variety of products. Owing to this, it is expected that demand for malt extracts will witness steady growth during the period 2016-2026.
• Government regulation on additive-free products: The industry-wide focus on additive-free products has led to increased demand for malt extracts, as these reduce the need of adding synthetic flavours, resulting in extended shelf life of products.
• Marketing aligned with ‘health and wellness’: Manufacturers are focusing on selling the ‘health and wellness’ attributes of malt extracts, by creating relevant marketing campaigns.
• Preference for sugar-free label products: Non-diastatic malt extracts naturally convert to sugar, reducing the need for addition of sugar. Owing to these factors, demand for malt extracts is expected to witness an increase during 2016-2026.

A Highly Fragmented Market 

Top three players – Group Soufflet, VIVESCIA Industries, and Cargill Incorporated – account for over 28% volume share of the Europe malt extract market. The Europe malt extract market remains quite fragmented fifteen players accounting for nearly 72% volume share. Both established and emerging players are focusing on increasing their production capacity and acquisition of niche players to boost their market position.

The Europe malt extract market was valued at US$ 7.53 billion in 2016. Future Market Insights projects it to grow at 5.6% CAGR during the forecast period 2016-2026, reaching US$ 12.94 billion in revenues.

Barley Remains the Largest Source 

Barley remains the largest source for malt extracts, accounting for nearly 75% revenue share of the market in 2016. In 2016, this segment was valued at US$ 5.63 billion; in terms of volume, demand for barley was worth nearly 9 million tonnes in 2016. Wheat remained the second largest source, followed by rice and rye.

Dry Malt Extracts Continue to Witness Higher Demand

Malt extracts are available in dry and liquid form, with the former accounting for bulk of demand. Demand for dry malt extracts will continue to remain higher than liquid variants throughout the forecast period. While dry malt extract volume is projected to grow at 4.6% CAGR, demand for liquid malt extracts will grow at 3.9% CAGR.

Standard Outsells Speciality 

Future Market Insights has also segmented the Europe malt extract market on the basis of product type into standard and specialty. The standard segment accounted for over 77% revenue share of the market in 2016; this is expected to decrease to 76% by the end of forecast period.

Beverages Largest Application Segment 

Beverages continue to remain the largest application segment of malt extracts. This segment held 48% revenue share of the market in 2016. Bakery and confectionary remain the other key application segments.

Western Europe Accounts for Bulk of the Demand 

Demand for malt extracts is concentrated in Western Europe, owing to the presence of a large number of manufacturers. Future Market Insights projects Western Europe to remain the dominant region for malt extracts during the forecast period.

By Application:

• Bakery
• Confectionary
• Beverages
  • Alcoholic
  • Non-Alcoholic
• Animal Feed
• Pharmaceuticals

By Source:

• Barley
• Wheat
•  Rice
• Rye

By Product Form:

• Dry
• Liquid

By Product Type:

• Standard
• Speciality

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 coconut flour market, valued at USD 2,984.2 million in 2023, is projected to witness a remarkable growth trajectory, reaching USD 6,325.6 million by 2033. This growth is expected to surge at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period from 2023 to 2033. The increasing consumer inclination towards healthier and gluten-free alternatives is driving the expansion of this market.

Key Industry Trends and Highlights

Coconut flour is gaining popularity for its versatility and nutritional benefits. It is increasingly incorporated into various functional foods like protein bars, gluten-free pastries, and high-fiber snacks, capitalizing on its rich nutritional profile. Both home bakers and professional chefs are experimenting with coconut flour, leveraging its moisture retention and mild coconut flavor for a wide range of recipes.

Manufacturers are also innovating by creating coconut flour blends with other alternative flours, such as almond flour or tapioca flour, to enhance texture and flavor in gluten-free baked goods. The market is witnessing a diversification of coconut flour products, including organic, non-GMO, and specialty flours like defatted or high-protein coconut flour.

The growth of e-commerce has significantly increased the availability of coconut flour products from various brands and regions, making it easier for consumers to access these products.

Historical Analysis vs. Future Projections

Between 2018 and 2022, the coconut flour market grew at a CAGR of 7.2%, driven by the rising demand for gluten-free and low-carb baked goods and confectionery products. The market is anticipated to continue its growth at a moderate CAGR of 7.8% from 2023 to 2033.

In 2018, the industry was valued at USD 1,859.8 million and rose to USD 2,456.2 million in 2022. The growth was primarily attributed to increasing awareness of the health benefits of coconut flour and the growing demand for gluten-free products.

Key Drivers of Market Growth

• Health Consciousness: The rising health consciousness among consumers has increased the demand for healthier food alternatives. Coconut flour is perceived as a healthier option due to its lower carbohydrate content, gluten-free nature, and high fiber and protein content.
• Gluten-Free Diets: The rise in gluten-free diets, driven by consumers with celiac disease and gluten sensitivity, has led to increased interest in coconut flour as an alternative to wheat flour.
• Clean-Label Ingredient: Coconut flour is considered a natural and clean-label ingredient, aligning with consumer preferences for minimally processed foods with recognizable ingredients.
• Plant-Based Diets: The popularity of plant-based and vegan diets has expanded the market for coconut flour as it is a plant-derived product. It can be used as a substitute for eggs in baking, making it suitable for vegan recipes.

Challenges in the Market

The coconut flour market faces challenges such as the availability and pricing of coconut products, which can be influenced by variability in coconut harvests, weather conditions, and regional factors. Additionally, coconut flour prices can be susceptible to fluctuations due to changes in coconut supply, processing costs, and international trade dynamics. The market also faces competition from other gluten-free and grain-free flour alternatives like almond flour, cassava flour, and chickpea flour. Furthermore, the distinct texture and flavor profile of coconut flour may not be suitable for all recipes or consumer preferences.

Competitive Landscape

Key players in the market, such as Bob’s Red Mill, Nature’s Way, and Anthony’s Goods, are focusing on product innovation and expansion. In 2023, Bob’s Red Mill launched a new organic coconut flour product, and Nature’s Way expanded its coconut flour product line with a new blend.

The global coconut flour market presents numerous opportunities for growth, driven by health trends, dietary preferences, and product innovations. Manufacturers are well-positioned to capitalize on these trends and expand their market presence in the coming years.

Segmentation Analysis of the Coconut Flour Industry

By End-Use:

• Retail
  • Conventional / Grocery Stores
  • Modern Trade
  • E-retailers
• Industrial

By Application:

• Snack Foods
  • Polvoron
  • Multi-Grain Chips
  • Extruded Products
  • Kroepeck
• Baked Products
  • Cookies
  • Bread
  • Cakes
• Animal Feed
• Extruded Products

By Product Form:

• Low Fat High Fibre Flour
• Medium Fat Flour
• Whole Full Fat Flour

By Technology:

• Wet Process
• Fresh-Dry Process

By Nature:

• Organic
• Conventional

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia & Pacific
• East Asia
• The Middle East & 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

Future Market Insight projects that the global essential fatty acids market could achieve considerable growth, with an estimated value of US$ 13.87 billion by 2033. This remarkable growth is anticipated to be driven by a CAGR of 9.9%. It signifies a substantial rise from the projected value of US$ 5.37 billion in 2023.

Essential fatty acids, such as omega-3 and omega-6, are pivotal in maintaining overall health. They are necessary for brain development, cardiovascular health, inflammation reduction, and immune system support. The heightened awareness of these health benefits among consumers is fostering a strong demand for essential fatty acids.

As individuals strive to lead healthier lifestyles, there is a growing emphasis on nutritional supplements and functional foods enriched with essential fatty acids. People are increasingly recognizing the significance of a balanced diet and engaging in proactive healthcare measures. This surge in health consciousness is fueling the demand for essential fatty acids across various product forms.

The nutraceutical industry, encompassing dietary supplements and functional foods, has grown substantially in recent years. Essential fatty acids are pivotal in this industry, serving as key ingredients in various health products. The expanding nutraceutical market presents a significant opportunity for the essential fatty acids market players.

The global prevalence of chronic diseases, such as heart disease, obesity, diabetes, and cognitive disorders, is on the rise. Essential fatty acids have demonstrated their potential in reducing the risk and managing the progression of these ailments. Consequently, consumers are increasingly turning to essential fatty acid supplements and functional foods as part of their disease management and prevention strategies.

The pharmaceutical industry has recognized the therapeutic potential of essential fatty acids. Numerous studies have shown that these fatty acids are crucial in maintaining proper brain function, reducing inflammation, improving cardiovascular health, and supporting overall well-being. Hence, it has been actively exploring their use in the development of new drugs for the treatment of chronic diseases.

The food and beverage industry is experiencing substantial growth, with a notable focus on functional and fortified products. Essential fatty acids are incorporated into various food and beverage offerings to enhance their nutritional value and health benefits. This encompasses fortified dairy products, functional beverages, infant formulas, and bakery and confectionery items. The thriving food and beverage industry is driving essential fatty acids market expansion.

Plant-based sources of essential fatty acids, such as flaxseed, chia seeds, hemp seeds, walnuts, and algae, are gaining traction due to their sustainability and potential health advantages. Increasingly, individuals are becoming aware of the environmental impact of animal-based sources and embracing vegetarian and vegan diets. This shift in consumer preferences is fueling the demand for plant-based essential fatty acids.

Essential fatty acids are gaining popularity in the cosmetics and personal care industry due to their potential benefits for skin health and beauty. Omega-3 and omega-6 essential fatty acids, renowned for their moisturizing and anti-inflammatory properties, are sought-after ingredients in skincare products.

To ensure that essential fatty acids are effectively absorbed and utilized by the body, manufacturers are continuously seeking to improve their bioavailability. To enhance the bioavailability of essential fatty acids, manufacturers are developing new delivery systems, such as soft gels, capsules, and powders. These delivery systems aim to improve the stability and release characteristics of essential fatty acids.

Key Takeaways from the Essential Fatty Acids Market

• The essential fatty acids industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 9.2% through 2033.
• The United States held a 29.4% share of the global essential fatty acids industry in 2022.
• With a CAGR of 12.3% over the forecast period, India is predicted to develop rapidly in the essential fatty acids industry.
• In 2022, Japan had a 4.5% share of the essential fatty acids industry globally.
• The essential fatty acids industry in China is expected to flourish speedily, registering a CAGR of 10.6% over the forecast period.
• Germany accounted for 7.9% of the global essential fatty acids industry in 2022.

Competitive Landscape in the Essential Fatty Acids Market

Key players are actively engaged in various strategic initiatives to maintain their market position and drive growth. These initiatives typically include

• product development and innovation
• partnerships and collaborations
• mergers and acquisitions
• geographical expansion

Companies are investing in research and development to introduce new and advanced essential fatty acid products with enhanced functionalities and health benefits. Additionally, they are forming strategic partnerships and collaborations with suppliers, distributors, and healthcare organizations to expand their market reach and distribution network. Moreover, mergers and acquisitions are also witnessed as key players aim to consolidate their market presence and gain a competitive edge.

Recent Developments by Key Players

Neptune Wellness Solutions Inc. launched Forest Remedies’ Multi Omega 3-6-9 gummies and soft gels in July 2021. These innovative products feature Ahiflower as a prominent ingredient and offer a natural solution for meeting the body’s nutritional needs.

OZiva, a start-up company headquartered in India, revealed in February 2021 their latest introduction of vegan Omega-3 multivitamins. This strategic move aimed to address the evolving needs of health-conscious individuals who prefer plant-based options for their nutritional requirements.

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 probiotic supplement market value is set for remarkable growth, driven by increasing consumer awareness of health benefits, innovations in probiotic delivery methods, and expanding market opportunities. According to recent projections, the market is expected to grow from US$ 7,524.6 million in 2024 to US$ 23,874.5 million by 2034, exhibiting a robust compound annual growth rate (CAGR) of 11.2% during the forecast period.

Key Drivers of Market Growth

• Health Benefits Recognition: The rising awareness of the health benefits associated with probiotics, including improved gut health and enhanced immune function, is a major factor fueling market growth. Consumers are becoming more educated about the positive impacts of probiotics, leading to increased demand.
• Fitness and Wellness Trends: The fitness community is increasingly embracing probiotic supplements for their potential immune-boosting properties. This trend is further supported by the growing recognition of probiotics’ benefits in weight management and dental health.
• Innovative Delivery Methods: Advancements in probiotic strain identification, fermentation methods, and encapsulation technologies have significantly improved the stability and effectiveness of probiotic supplements. Innovative delivery methods, such as delayed-release capsules and encapsulating technologies, are enhancing the survival of probiotic bacteria in the digestive tract, boosting consumer confidence and market growth.
• Growing Applications: Probiotics are expanding beyond gut health, with potential benefits in cognitive health, skin health, and athletic performance. This broadening scope is attracting a diverse consumer base, further propelling market expansion.

Regional Insights

• The U.S. market is projected to grow at a CAGR of 8.1% through 2034. Increased consumer awareness about gut health and the importance of probiotics is driving demand. Additionally, the emphasis on superior quality, safety, and efficacy is pushing companies to prioritize quality control and transparency.
• In China, the market is anticipated to rise steadily at a CAGR of 9.0%. The expansion of retail channels and the validation of probiotic ingredients are enhancing accessibility and driving market growth.
• India is expected to witness the highest CAGR of 12.6%. The popularity of functional foods and beverages fortified with probiotics, coupled with innovative product formulations, is significantly contributing to market growth.

Segment Analysis

• Bacteria Type: The Saccharomyces segment is expected to dominate, growing at a CAGR of 12.2% through 2034. This segment’s robust growth is attributed to its extensive health benefits and wide application in various probiotic supplements.
• Form: Capsules are projected to remain the preferred form, with a CAGR of 9.2%. Capsules offer convenience, extended shelf life, and protection of probiotic bacteria, making them popular among consumers.
• Customer Orientation: Probiotic supplements tailored for women are anticipated to surge, growing at a CAGR of 8.1%. Women increasingly seek probiotics for reproductive health, hormonal balance, digestive issues, and skin health.

Competitive Landscape

Leading players in the probiotic supplement market are focusing on innovation, quality, and strategic expansions. Key companies such as Culturelle, Align, Garden of Life, and Now Foods are actively working towards enhancing their product offerings and expanding their market reach through mergers, acquisitions, and collaborations.

Recent Developments:

• In 2023, Jarrow Formulas introduced Fem-Dophilus Advanced, targeting comprehensive support for vaginal, urinary tract, digestive, and immune system health.
• True Grace launched True Littles, a new product line for children, formulated to cater to their taste preferences and digestive health needs.
• Kemin Industries introduced ENTEROSURE in 2022, a probiotic solution aimed at reducing intestinal diseases in poultry and livestock.

Key Companies Profiled

• Culturelle (i-Health, Inc.)
• Align
• Billion Cheers (Fermentis Life Sciences Pvt Ltd)
• Digestive Advantage
• Garden of Life (Nestle SA)
• Spring Valley
• Now Foods
• Nature Made
• HUM Nutrition Inc.
• OLLY
• Ora Organics
• Natrol

Global Probiotic Supplement Market Segmentation by Category

By Customer Orientation w.r.t. Functionality:

• Baby / Infant
  • Digestive Health
  • Metabolic Health
  • Immune Support
  • Others

• Women
  • Digestive Health
  • Gut Brain Axis
  • Metabolic health
  • Others
• Men
  • Digestive Health
  • Gut Brain Axis
  • Metabolic Health
  • Others
• Unisex
  • Digestive Health
  • Gut Brain Axis
  • Metabolic Health
  • Others

By Bacteria Type:

• Lactobacillus
• Streptococcus
• Bifidobacterium
• Bacillus coagulants
• Saccharomyces
• Lactococcus lactis

By Sales Channel:

• Hypermarkets / Supermarkets
• Specialty Stores
• E-commerce
• Drug Stores & Pharmacies
• Health & Wellness Stores
• Convenience Stores
• Departmental Stores
• Others

By CFU Count:

• Less than 1 Billion
• 1 Billion to 5 Billion
• 5 Billion to 10 Billion
• 10 Billion to 20 Billion
• 20 Billion to 30 Billion
• 30 Billion to 50 Billion
• More than 50 Billion

By Form:

• Tablets / Pills
• Capsules
• Liquid
• Powder
• Gummies / Chewable
• Lozenges
• Others (Gels, Soft Gels)

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• 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), the demineralized whey powder ingredient market is expected to thrive at a CAGR of 5% from 2023 to 2033. As per recent estimates, the market value is projected to increase from US$ 657 million in 2023 to US$ 1,086.7 million by 2033.

Whey is a by-product of cheese manufacturing industry. Whey is rich in protein and less in milk fat. This collected whey contains more water hence it is concentrated to remove excess water, demineralized, and then spray-dried to get free flowing powder. Whey protein is of three major types whey protein concentrate, whey protein isolate and whey protein hydrolysate. Demineralized whey powder is white to yellowish in colour, free flowing powder, with typical milk taste and free from foreign odor. While cheese processing various salts are added to milk, hence whey is rich in minerals such as calcium, phosphorous, potassium and others. These mineral are not suitable for infant food formulations. Hence, increasing demand for infant formula is driving the growth of demineralized whey powder ingredient. Demineralized whey powder ingredient is made from fresh, pasteurized whey, collected from cheese production.

Various techniques such as ion-exchange chromatography, electro-dialysis, cross-flow nanofiltration and others are used in demineralization of whey by removing/reducing soluble mineral, especially D90 and D70 variants are commonly used in the production of infant formula powder. The grades of demineralizes whey powders are based on the percent of mineral removed from whey. Whey powder have to store in cool and dry place and away from water and sunlight as its sensitive product.

Demineralized Whey Powder Ingredient Market: Region-wise Outlook
Demineralized whey powder ingredient market is segmented on the basis of region includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa. North America and Western Europe is mature market for demineralized whey powder ingredient and emerging economies such as Asia Pacific provide opportunities for growth in forecast period. Increasing technological advancement in whey processing industries and rising packaged food and low-calorie food consumption in Asia Pacific, Middle East and Africa is expected to promote use of demineralized whey powder ingredient in forecast period. With increasing demands for packaged food and convenient products for infant is driving the market and is expected to register healthy CAGR during forecast period.

Demineralized Whey Powder Ingredient Market: Drivers
Increasing population and strong demand for low calories and protein rich food is creating opportunity for demineralized whey powder ingredient in food and feed industry. As harmful minerals are removed or reduced in powder, is can be used in special food product developments. Health consumers are demanding for low calorie but still nutritionally dense products, and whey powder are rich in protein, carbohydrates and lactose and demineralized whey powder is used in food fortification and new product development designed for sports and clinical nutrition.

Demineralized Whey Powder Ingredient Market: Key Players
The key international players operating in demineralized whey powder ingredient market includes Eurosérum, Dairygold Food Ingredients, Kaskat Dairy, Senel (Holding) B.V., Van Lee Melkprodukten Barneveld BV, Dairy Crest, Valio Ltd and SPX Corporation. Manufacturing companies in demineralized whey powder ingredients are focusing on partnerships either for product portfolio expansion or for increasing global presence. For instance, in July 2014, Diary Crest signed partnership with Fonterra to sell demineralized whey powder for infant food applications.

Market Segmentation

By Product:

• 40% Demineralized Whey
• 50% Demineralized Whey
• 70% Demineralized Whey
• 90% Demineralized Whey

By Application:

• Dietary Supplements
• Bakery & Confectionery
• Infant Food
• Pharmaceutical
• Others

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East & Africa (MEA)

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