Market Research Blog

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of Plant-Based Fish Feed are estimated to reach a value of US$ 12.2 Bn by 2032, surging at 6.0% CAGR through the decade.

Fish feeds are pellets or granules that give fish nutrients and help them reach their maximum potential. Soybean, canola oil, lipids from algae sources, and amino acid additions are used to make plant-based fish feed. All of these plant sources are high in protein and are easily digestible. As a result, the market for plant-based fish feed has enormous growth potential.

Cottonseed meal, distillers dried grain with soluble, sunflower meal, canola meal, cornmeal, wheat bran, and rice bran make up the plant-based fish feed market. Fish feed is used for both commercial and domestic purposes. Granules, pellets, powder, and flakes are some of the forms it comes in. The aquafeed industry’s growing desire for organic and natural ingredients could help the plant-based fish feed market develop even faster.

North America, Europe, and East Asia are currently the most important regional markets for vegetable and fish feed producers, and this trend is projected to continue in the coming decade. This tendency, according to the research, is attributed to increased expenditure in R&D efforts in these areas.

In addition to innovation, businesses are pursuing inorganic growth tactics such as mergers and acquisitions to strengthen their market position. Due to the burgeoning middle class and increased disposable income in nations like China, South Korea, Vietnam, and Japan, East Asia has become one of the most profitable marketplaces.

Key takeaways from market study

• The aquaculture industry accounts for more than 50% of the global edible seafood supply.
• The plant-based fish feed market is predicted to be dominated by Latin America and the Middle East and Africa (MEA).
• In terms of investment in the creation of creative and revolutionary plant-based fish feed, East Asia is at the forefront.
• Due to features such as omega 3 content, protein content, and enhanced digestibility, plant-based fish and seafood have seen a surge in popularity in recent years.
• The Vegetable Fish Food Syndicate’s fate is largely determined by modernization and the introduction of novel technology.
• The enhanced digestibility and excellent protein content of the soybeans and cornmeal have shown significant potential in recent years and have become highly popular.
• The Asia-Pacific region will show growth in the vegetable fish feed market from 2020 to 2027 due to increased demand for fish oil and fish-based household and commercial products.

“Due to environmental dangers, proliferating demand for fish feed with reduced environmental impact, and developing aquaculture industry with enormous demand for sustainable fish feed, the plant-based fish feed market will see expansive growth potential. Long-term benefits have been demonstrated for plant-based fish feed made from canola oil and soybean. As a result, the market for plant-based fish feed will see potential growth”, –Nandini Roy Choudhury, Client Partner at Future Market Insights

Competitive landscape

As demand for plant-based fish feeds is expected to increase over the next decade, existing companies are eagerly awaiting innovation and R&D to establish a strong position in the market. . Several companies around the world are investing heavily in adopting new technologies to find affordable alternatives to fish and shellfish foods to meet the growing demand for seafood. Investment in the development of new plant-based feeds is expected to grow as investors and stakeholders focus on the favorable opportunities and potential of the fish-based market.

Some of the major companies in the market are market Cargill Incorporated., Skretting, Alltech, BioMar Group, Nutreco N.V., Ridley Corporation Limited, ADM, Hanpel Tech Co. LTD, and Adisseo among others.

Key Segment

By Product Type:

• Soybean Meal
• Cottonseed Meal
• Corn Meal
• Distillers Dried Grains with Soluble
• Wheat Bran
• Rice Bran
• Other Product Types (Canola Meal, Sunflower Meal, etc.)

By Nature:

• Organic
• Conventional

By End-Use Application:

• Commercial
• Household

By Form:

• Pellet
• Powder
• Granule
• Flake

By Sales Channel:

• Direct Sales
• Indirect Sales
  • Modern Trade
  • Convenience Stores
  • Specialty Stores
  • Online Retailers
  • Other Sales Channels

By Region:

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

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.

Contact US:
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

In the updated edition of the market analysis, calculations infer a worth of US$ 4272.820 million for citrus oil in 2024. These projections reflect the evolving implications of emerging trends.

As these trends penetrate the market, the sales of citrus oil amplify, potentially attaining a valuation of US$ 6594.550 million by 2034. This progression signifies a moderate CAGR of 4.40% from 2024 to 2034.

The citrus oil market expansion is bolstered by the heightening need for plant extracts and natural foods in food and beverage goods to be used as pigments, flavorings, and other preservatives. The revenue expansion of citrus oil is accelerated by escalating consumer cognizance of citrus oil as an essential food component.

• FRUU Cosmetics debuted the first vegan lip balm collection which was manufactured from recycled fruit extracts.

The spurring demand for vegan extracts in food and drink, cosmetics, and medicines sectors augment citrus essential oil market expansion. The ascending awareness of consumers regarding the boons of lactarian goods has a favorable effect on citrus oil demand.

Regardless of the optimistic anticipation, the citrus oil market growth is inhibited by intensifying pesticide and fertilizer application on farms to boost productivity. Pesticides are not limited to farming; while transportation, chemicals are diffused on fruits to prolong their shelf lives and curb spoilage.

Regional Outlook

North America commands the global organic oil market. North America witnessed growth because of the spurring demand for organic products, associated with booming awareness regarding the wholesomeness of citrus oil.

The augmenting demand in the food and beverage industry and the intensifying traction of aromatherapy in the Asia Pacific strengthen the market growth of citrus oils. The enriching disposable income, and shifting lifestyles lead to the development of the Asia Pacific essential oil market.

“The citrus essential oil market is set to experience sustained growth because of the surging demand for natural components. Stimulus like customer choices for organic goods and broadening implementation in the field of food, beverage, and cosmetics usher the citrus oil market growth.” – Nandini Roy Choudhury, Client Partner at Future Market Insights 

Key Takeaways 

• The oranges source category to enjoy a share of 27.50% in 2024.
• In the food and beverages end use industry to enthral a share of 23.60% in 2024.
• From 2024 to 2034, India citrus essential oil market equates at a CAGR of 6.40%.
• China citrus oil market exhibit upsurge at CAGR of 5.30% between 2024 and 2034.
• Between 2024 and 2034, Japan citrus oil industry imply growth at a CAGR of 5.10%.
• Germany citrus essential oil market reflects expansion between 2024 and 2034 at a CAGR of 2.80%.
• The United States citrus oil market indicates a CAGR of 2.10% through 2034.

Competitive Landscape

The citrus oil manufacturers envision an amplification in the demand owing to the medicinal benefits. This trend indicates citrus oil producers to sanction long-drawn-out agreements with food and beverage and cosmetic and personal care firms to seize a broader customer base to increase the market share. The citrus oil vendors concentrate on partnerships and acquisitions to swell their product portfolio, catering to the strengthening demand.

Pivotal Tangerine Oil Manufacturers

• Ultra-International B.V.
• Phoenix Aromas and Essential Oils, LLC
• Firmenich SA
• Givaudan
• Symrise AG
• Citrus Oleo
• Lionel Hitchen (Essential Oils) Ltd
• Bontoux S.A.S.
• Citrus and Allied Essences Ltd.
• Mountain Rose Herbs, Inc.
• Citromax S.A.C.I.
• doTERRA International, LLC
• Young Living Essential Oils LC
• Citrosuco

Noteworthy Strategies

• In order to expand the retail chain, Plant Therapy Essential Oils Corporate set up new stores across the United States in Arlington, Murray, and Idaho to impart customers better experience in 2021 with novel layout.
• Mountain Rose Herbs made ownership changes CEO Shawn Donnille acquired his partner Julie Bailey’s some shares, making it a joint ownership from both of them.
• Ziegler Group was acquired by Archer Daniels Midland Company (ADM) in March 2019 to expand the product portfolio for citrus oils in the market.

By Source:

• Oranges
• Tangerines/Mandarins
• Grapefruit
• Lemon and Lime

By Extraction Method:

• Steam Distilled Method
• Cold Pressed Method
• Hydro-Distillation Method

By Fold Type:

• 2-4 Folded
• 5-7 Folded
• 8-10 Folded
• Above 10 Folded

By Grade Type:

• Deterpenated Oil
  • Terpenless Oil
  • Concentrated Oil
• Terpene Oil

By End-use Industry:

• Food and Beverage
• Personal Care and Beauty Products
• Home Care Products
• Aromatherapy
• Health Care Products

By Sales Channel:

• Offline Sales Channel
  • Supermarkets/Hypermarkets
  • Departmental Stores
  • Convenience Store
  • Other Sales Channel
• Online Sales Channel
  • Company Website
  • E-commerce Platform

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.

Contact US:
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 passion fruit extract market is valued at US$ 634.9 million in 2023. The overall demand for passion fruit extracts is expected to develop at an 8.4% CAGR over the forecast period from 2023 to 2033. Global sales of passion fruit extracts are anticipated to reach US$ 1,420.3 million by 2033.

Passion fruit extract, known for its exceptional antioxidant capabilities, has been recognized as a very significant functional food source. Worldwide consumption of passion fruit extract has increased as health-conscious people want to include this natural source in their diets.

After passion fruit extract’s rising applicability across a range of end-user applications, it has attracted a lot of interest and appeal in recent years. During the forecast years, the use of passion fruit extracts as an effective treatment for insomnia is poised to boost the market further.

“The increasing demand for passion fruit extracts in developing economies such as China and India is creating opportunities for industry participants to set up business units. Additionally, emerging trends regarding the medicinal properties of passion fruit extracts are expected to foster innovation and growth in the passion fruit extract market” – FMI analyst.

Key Takeaways from the Global Passion Fruit Extract Market Report

• The US passion fruit extracts market is highly developed and currently leads the global market in terms of demand and sales. In the year 2022, the country alone contributed almost 24.8% of the revenue generated by the market worldwide.
• In Europe, France is figured to be the leading regional market for passion fruit extracts with a 7.1% global market share in 2022. Italy follows France in the consumption of passion fruit extracts and acquired a global market share of 6.1% in 2022.
• China, with a strong food processing industry base, is the leading country for the production of passion fruit extracts. At the end of the year 2022, the overall market in China’s passion fruit extract industry was figured to capture 11.3% of the global share.
• India is another remarkably growing country in sales of passion fruit extracts contributing to nearly 6.1% of the global share.
• Among the different types of species of passion fruit used in the making of its extracts, Passiflora flavicarpa is the most preferred. It provided for almost 53.8% of the global passion fruit extract production in 2022.

Competition Analysis of the Passion Fruit Extract Market

The overall market for passion fruit extracts is fairly consolidated owing to the presence of a few authentic players in the present market. However, the proliferation of passion fruit extract sales over online channels has created favorable opportunities for the entry of passion fruit processing industries.

Recent Developments in the Passion Fruit Extract Market

• In December 2022, Making Cosmetics LLC introduced its new product line of passion fruit extracts by the name Fragrance Pink Grapefruit Passion Fruit. It incorporates fresh fragrance produced with both natural and synthetic fragrance ingredients. Also, the product is water-insoluble and phthalate-free which gives it an advantage over other brands.
• PASSION FRUIT EXTRACT H.GL – M.S. was introduced by Provital Company in October 2022, with an extract that dissolves in water. It is specially designed as a moisturizing additive to prevent surfactant agents from acting aggressively. Supplying chemicals and ingredients for making personal care and cosmetics are Provital’s areas of expertise in both manufacturing and sales.

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.

Contact US:
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 food testing services market stands at US$ 21.7 billion as of now and is expected to reach US$ 49.06 billion by the year 2033 at a CAGR of 8.5% between 2023 and 2033.

Food safety testing comes across as a vital and also an unavoidable component regarding the food industry. Every level of processing is subject to regulations related to food safety tests, inspection of microbiological quality (DNA analysis), and trace elements. The standards and regulations are certainly different from nation to nation. With consumers developing more awareness about food safety, the global food testing services market is likely to grow inadvertently in the forecast period.

Various participants in food & beverages sector are emphasizing on streamlining the process of food certification by simplifying data logging and documentation. Plus, the players are on the lookout of optimizing certification costs. As such, the food testing services market size is expected to witness turbulence on the continuous basis in the near future.

The initiatives taken by governments on this count include GFP (Good Farming Practice), GAP (Good Agricultural Practice), and GMP (Good Manufacturing Practice) for ensuring safety of food.

Though developing countries are working on food regulatory infrastructure, dearth of resources to restructure is hampering the food testing services market and this scenario is expected to persist even going forward. It will certainly take some time for these economies to pick up pace. Future Market Insights has walked through these findings with insights in its latest market study entitled ‘Food testing Services Market’. There are analysts and consultants to execute.

Key Takeaways from Food testing Services Market

• Europe holds more than 30% of the market share. This could be credited to the flourishing food & beverage industry throughout. This, in turn, calls for inclination toward microbiological testing along with chemical & residues’ contamination testing. Germany is at the forefront herein.
• North America holds a significant market share with food safety testing being made compulsory at every stage of manufacturing and processing, thereby ascertaining safe food for the customers.
• The Asia-Pacific is expected to grow at the fastest rate in the food testing services market due to food sector growing by leaps and bounds in the developing economies, along with need to put forth strict regulations with regards to food safety, especially in countries like India. Herein, the by-products of agrochemicals are used for growing produce and also for antibiotics or veterinary drugs.

Competitive Landscape

• NEOGEN is known for partnering with commercial testing labs for providing a series of services and solutions that are the most sought-after ones in the industry.
• Thermo Fischer Scientific has its microbiology solutions that incorporate molecular instrumentation, PCR technology, sample preparation capability, and lab equipment and plasticware for quality indicator and foodborne pathogen detection, and, not to forget – conventional culture media with immunological and biochemical tests.
• Bureau Veritas, of late, acquired Orion Assessment Services International Inc.’s. The major objective was that of improving the former’s food lab testing capabilities all over Canada.
• Check and Trace has been tabled by ALS Ltd. It is capable of identifying Salmonella isolates with level of sensitivity identical to traditional serological techniques.

“With improvised instrumental techniques like NMR (Nuclear Magnetic Resonance), IR (Infrared Spectroscopy), enzyme-linked immunosorbent assay (ELISA), and mass spectroscopy increasingly being used regarding safety assurance, the global food testing services market is bound to grow on an unstoppable note going forward”, says an analyst from Future Market Insights.

How does the Report come around?

• The research study is based on type (pathogens, salmonella, campylobacter, E. coli, listeria, GMOs, toxins, and likewise), by technology (traditional, rapid, PCR (Polymerase Chain Reaction), DNA sequencing/NGS, immunoassay, chromatography, and spectroscopy), and by food tested (meat, poultry and seafood, processed food, fruits & vegetables, dairy products, cereals & grains, and likewise).
• With an ever-increasing demand for processed and packaged food in developing and developed countries alike, the food testing services market is all set to create greater strides in the forecast period.

Food Testing Services Market by Category

By Type:

• Pathogens
• Salmonella
• Campylobacter
• E. coli
• Listeria
• Pesticides
• Genetically Modified Organism
• Toxins
• Others

By Technology:

• Traditional
• Rapid
• Polymerase Chain Reaction
• DNA Sequencing/NGS
• Immunoassay, Chromatography
• Spectroscopy

By Food Tested:

• Meat, Poultry, and Seafood
• Processed Food
• Fruits & Vegetables
• Dairy Products
• Cereals & Grains
• Others

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.

Contact US:
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

An examination of the thematic trends within the silk protein market value reflects a steady positive evolution, with a CAGR of 5.80% from 2024 to 2034. Projections for the silk protein industry display a notable advancement, with evaluated figures striking US$ 1,777.28 million by 2034, denoting an ample ascend from the expected valuation of US$ 1,009.66 million in 2024.

The Engine of Silk Protein (SP) Industry

The global silk protein market is ushered by organic cosmetics and personal care items. It is also used as a dietary supplement in developing economies. The demand for silk protein in the medical industry is amplifying due to its antioxidant and coagulation inhibitor attributes, aiding in tissue engineering, plasters, and bandages.

The constant price reductions in the production and installation of silk fibroin solutions, thrust by production efficiencies, inventions, and bolstered competition, augment the adoption of silk protein. Favorable government policies, rules, and stimulants that encourage the adoption, like renewable energy project subsidies and carbon tax mechanisms, reinforce silk protein sales. However, the high seed money requirement for the advancement and set up of silk protein production, majorly for megaprojects, hinders the adoption of silk sericin protein.

Regional Outlook

North America is a massive region in the industry. The growth is majorly due to the escalating usage in the medical sector. The Asia Pacific market is developing at a swift rate because of the thriving growth in the per capita income of consumers.

“The escalating customer demand for organic and eco-friendly ingredients exhibits optimism for silk protein market growth. The breakthroughs in the processing technology and widening of applications augment the adoption of silk protein.”, Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways 

• The skincare application segment is set to possess a share of 21.50% in 2024.
• In the product type category, the sericin segment is slated to grab a share of 74.50% in 2024.
• The United States silk protein industry is in line to progress at a CAGR of 5.70% between 2024 and 2034.
• Sales of silk proteins in Germany indicate a CAGR of 5.10% through 2034.
• Through 2034, China’s silk protein suture market is set to show escalation at a CAGR of 3.90%.
• Between 2024 and 2034, Japan’s silk protein industry is implied to inflate at a CAGR of 4.60%.
• From 2024 to 2034, India’s silk protein market is forecasted to progress at a CAGR of 5.30%.

Competitive Landscape

The silk protein market is moderately competitive. Silk protein manufacturers concentrate on positive strategies, such as small and medium-sized enterprises (SMEs) acquisitions.

The silk protein vendors strengthen their global presence by establishing diverse commodities. The silk protein producers attract consumers by delivering innovative and copious products employing natural ingredients.

Recent Developments

• Givaudan, an essential manufacturer in the global cosmetics, scents, and flavors segment declared the purchase of AMSilk’s cosmetic business in April 2019.
• Bolt Threads, a biotech firm, and Ginkgo Bioworks, the dominating horizontal platform for cell programming, revealed a partnership in October 2022, to spur the production efficiency and execution of Bolt’s portfolio and evolve it by developing novel biomaterial proteins.

Some of the leading companies offering silk protein are SilkTech Biopharmaceuticals Huzhou Aotesi Biochemical Huzhou Xintiansi Bio-tech Co., Ltd. Kraig Biocraft Laboratories, Inc. (Trading Symbol: KBLB) Evolved by Nature (previously Silk Inc.) Bolt Threads AMSilk GmbH Universal Preserv-A-Chem Inc., Proteina, and SUBONEYO CHEMICALS PHARMACEUTICALS PRIVATE LIMITED.

Key Segment

By Product:

• Sericin
• Fibroin

By Form:

• Powder
• Oil

By Application:

• Haircare
  • Shampoo
  • Conditioner
• Skincare
  • Cleanser
  • Mask and Peels
  • Moisturizer
  • Serum
  • Facial toners
• Eye Care
  • Eye Cream
  • Mascara
  • Nutritive products for Brow and Lash
• Color cosmetics
• Lip Care
  • Lip Balm
  • Lipstick
• Toiletry
  • Bath Gels
  • Shave Preparations
  • Liquid Hand Soaps
  • Soap Bars
  • Body Wash
• Pharm and Nutraceuticals

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.

Contact US:
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 a recent report by Future Market Insights, market research and competitive intelligence provider, sales of natural antioxidants are anticipated to reach a valuation of US$ 2.3 billion in 2024, driven by increasing preference of personalized nutrition. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 5.1% between 2024 and 2034, and reaching a total valuation of approximately US$ 3.8 billion by 2034.

The natural antioxidant market is expanding into emerging markets such as Asia Pacific and Latin America, driven by changing consumer preferences, increasing disposable incomes, and growing awareness of health and wellness. The regions offer significant growth opportunities for market players.

Collaboration and partnerships between ingredient suppliers, food and beverage manufacturers, pharmaceutical companies, and research institutions are driving innovation and product development in the natural antioxidant market. Strategic alliances enable companies to leverage complementary strengths and resources to capitalize on market opportunities.

The anti aging and beauty enhancement benefits of natural antioxidants are driving demand for skincare, haircare, and beauty products fortified with antioxidant rich botanical extracts and oils. Consumers are seeking natural alternatives to synthetic ingredients for maintaining youthful skin and hair health.

The rise of health and wellness tourism, which involves traveling to destinations known for their natural healing properties and wellness offerings, presents opportunities for natural antioxidant rich supplements, beverages, and spa treatments. Wellness focused resorts and retreats are incorporating antioxidant rich foods and beverages into their menus to cater to health conscious travelers.

Continued investment in research and development by industry players and academic institutions is driving innovation in natural antioxidant extraction methods, product formulations, and applications. Research and development efforts are focused on enhancing the efficacy, safety, and sustainability of natural antioxidants for use in various industries.

Key Takeaways from the Market Study

• Global natural antioxidant market was valued at US$ 1,733.7 million in 2019.
• From 2019 to 2023, the market demand expanded at a CAGR of 4.7%.
• The market in Japan is expected to expand at a CAGR of 4.6% through 2034.
• By product type, the vitamins segment to account for a share of 78.5% in 2024.
• The market in the United States is expected to expand at a CAGR of 7.0% through 2034.
• In terms of source, the fruits and vegetables segment to account for a share of 41.1% in 2024.

“Innovation in product formulations and delivery systems, such as encapsulation, nanoemulsions, and microencapsulation, is enabling improved stability, bioavailability, and targeted delivery of natural antioxidants. The advancements enhance the efficacy and consumer appeal of antioxidant rich products,” – Nandini Roy Choudhury, Client Partner at Future Market Insights 

Competitive Landscape

Prominent players in the natural antioxidant market are Ajinomoto Co Inc, Naturex S.A., Koninklijke DSM N.V., Adisseo France SAS, BASF SE, du Pont de Nemours and Company, A & B Ingredients Inc., Hansen A/S, The Archer Daniels Midland Company, Cargill Inc., and A and B Ingredients, among others.

Company Portfolio

• Koninklijke DSM N.V. is a multinational company that produces a variety of nutritional and health products, including natural antioxidants. They offer antioxidants derived from natural sources like fruits, vegetables, and plant extracts for use in food and dietary supplements.
• BASF SE is a diversified chemical company offering solutions for various industries, including food and nutrition. They likely provide natural antioxidants as part of their portfolio for food preservation and dietary supplements.

Segmentation Analysis of the Natural Antioxidant Market

By Product:

• Vitamins
• Carotenoids
• Polyphenols

By Nature:

• Organic
• Conventional

By Source:

• Fruits and Vegetables
• Herbs and Spices
• Microalgae and Seaweed

By End Use:

• Food and Beverages
  • Meat, Fish and Poultry
  • Spice and Condiments
  • Oil, Fat and Margarine
  • Packaged Food
  • Bakery and Confectionery
  • Others
• Cosmetics
  • Skin Care
  • Hair Care
• Nutraceuticals
• Pharmaceuticals
• Feed Industry

By Region:

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

Contact US:
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 inactive dried yeast market value is poised for significant growth, with a projected CAGR of 11.9% from 2024 to 2034. According to recent market analysis, the market is expected to expand from USD 652.3 million in 2024 to an impressive USD 1,145 million by the end of the forecast period. This surge in market value highlights the robust demand and diverse applications of inactive dried yeast across various industries.

Key Takeaways from the Inactive Dried Yeast Market Study

• The use of the internet, blogs and social media to access available information about various chemicals and ingredients is increasing. It is a consumer-driven trend since they are getting increasingly worried about the effects of ingredients present in food and cosmetic products. This is changing consumer’s buying pattern and behaviour. This has positively affected demand for natural ingredients in the food and beverage industry.
• Among various application segments, the usage of inactive dried yeast in the food and beverage industry is most common. Owing to the increasing health awareness and growing preference for a healthy diet with low fat, sugar, salt, and high protein content food, the demand for inactive dried yeast is expected to be more in the forecast period.
• The global inactive dried yeast market has been segmented on the basis of form, in terms of which powder form holds the major share. However, in the coming years, the capsule form is expected to show optimistic growth due to its increasing use in different industries for multiple purposes.
• Western Europe and North America are anticipated to dominate the global inactive dried yeast market in terms of value. The demand for inactive dried yeast is considerably high in Latin America, which is expected to show a high growth rate over the forecast period. Due to the increasing health consciousness among the people and their awareness regarding chemical ingredients and their effect on human health, the demand for inactive dried yeast is rising in Latin America.

“The market for inactive dried yeast is driven mainly by increasing consumption of natural and plant-based food. The market will therefore gain from the ongoing trend of vegan food. Additionally, the tendency of the consumer to adopt the Western style of food habits in emerging countries is increasing the opportunity for inactive dried yeast in the global market owing to the high usage of inactive dried yeast in the backing and confectionary.” says FMI report

Investment Opportunities

The rising demand for inactive dried yeast across various sectors presents numerous investment opportunities. Companies are investing in research and development to refine production processes and reduce costs, enhancing their competitive edge. Additionally, partnerships and acquisitions are expected to play a key role in market expansion.

Key Players

Prominent companies in the inactive dried yeast market include:

• Associated British Foods PLC
• Koninklijke DSM N.V.
• Kerry Group PLC
• Angel Yeast Co., Ltd.
• Chr. Hansen Holdings A/S
• Sensient Technologies Corporation
• Lallemand Inc.
• Leiber GmbH
• Oriental Yeast Co., Ltd.
• Lesaffre Group

Sales Channel

• B2B
• B2C
  • Modern Trade
  • Specialty Store
  • Convenience Store
  • Online Retail
  • Other Sales Channels

Nature

• Organic
• Conventional

Form

• Powder
• Flakes
• Tablet
• Capsule

Fortification

• Fortified
• Unfortified

Application

• Food & Beverage
  • Bakery & Confectionery
  • Beverages
  • Soups, Sauces, & Seasonings
  • Functional Foods
• Dietary Supplements

 Several leading market players are opening new units to expand their footprint and product portfolio. Along with that they are adapting new strategies to compete in the market. Besides this, partnership often allows them to gain a competitive advantage.

• Angel Yeast announced the opening of the second factory in Egypt is expected to be operational. (Production capacity of 35,000 MT).
• ICC Brazil and Lallemand Inc. entered into the partnership for research, development, and supply of inactive yeast products and derivatives from sugar cane ethanol. Supply of yeast cell wall products and yeast derivatives form ICC Brazil will be marketed under the Lallemand under its brand.
• Biorigin announced to start the expansion plan of its production in Louisville, U.S. with US$ 3.5 Mn. Which will start in 2019. This venture will double the production capacity of its bio enhance line.

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.

Contact US:
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 worldwide period cramp supplement market is anticipated to reach US$ 902.5 million in 2024 and US$ 1,658.4 million by 2034. By 2034, the industry is projected to rise at a CAGR of 6.3%.

The demand for period cramp supplements is rising due to increased awareness among women about menstrual health and hygiene, leading to a greater need for effective pain relief solutions. The market is growing due to millennials and Gen Z’s preference for natural remedies, self-care, digital media, and customized products, reshaping the industry and propelling innovation.

Growing awareness of natural approaches and demand for self-care products are projected to surge the growth. The availability of supplements targeting specific menstrual health concerns further fuels expansion.

The industry is undergoing significant technological advancements, such as data-driven analysis, AI algorithms, and wearable technology, which enable custom suggestions for supplements targeting menstrual symptoms. Rising focus on precision healthcare, providing women with tailored solutions for menstrual health, is set to boost customer satisfaction and growth by 2034.

Key Takeaways from the Market Report:

• The global period cramp supplement marketis set to reach a valuation of US$ 1,658.4 million by 2034.
• Japan is projected to hold a dominant value share of 4%in the market by 2034.
• The United States is projected to reach a valuation of US$ 429.8 millionby 2034.
• India is projected to reach a valuation of US$ 26.4 millionby 2034.
• Based on form, the capsule segment is set to rise at 1%CAGR by 2034.

“Growing menstrual disorders among women, including endometriosis and PCOS, has significantly increased the demand for period cramp supplements worldwide. The market is influenced by factors such as increasing awareness, aging population, and product innovation, necessitating research and transparency for consumers and manufacturers.”- says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

Natracare, Vitamin Bounty, Pink Stork, Zhou Nutrition, HUM Nutrition, MyOva, Women’s Best, and Moon Juice are key period cramp supplement manufacturers listed in the report. Leading companies are concentrating on surging their portfolios by launching new products. They also use growth strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.

For instance,

• In August 2023,Moom Health, a wellness and fitness services company, introduced a new line of supplements called “cramp/less.”
• In 2021, Ami Wellness introduced a new line of products aimed at female period cramp management.

Get More Valuable Insights

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

The study incorporates compelling insights on the period cramp supplement market based on product type (minerals, vitamins, and herbal supplements others), form (tablets, capsules, powder, gummies, and tea), distribution channel (hypermarkets/supermarkets, convenience store, drug stores & pharmacies, health & wellness stores, other retailers, and online retailing), and region.

Comprehensive Market Insights: Full Report Overview

Key Segments of Market Report

By Product Type:

The industry includes three key product types, namely, minerals, vitamins, and herbal supplements.

By Form:

The five key forms are tablets, capsules, powder, gummies, and tea.

By Distribution Channel:

Leading distribution channels in the industry include hypermarkets/supermarkets, convenience stores, drug stores and pharmacies, health and wellness stores, other retailers, and online retailing.

By Region:

Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, and the Middle East and Africa are covered.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centres in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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 Us

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 microalgae-based aquafeed market value is forecast to total USD 279.6 million in 2024 and USD 575 million by 2034. Global demand is anticipated to increase at a CAGR of 7.5% throughout the forecast period, fueled by increasing demand for sustainable aquafeeds.

Spirulina remains the widely used species owing to its high nutritional content and multiple health benefits. The target segment accounted for a prominent value share of 73% in 2023 and will likely retain its dominance through 2034.

Several factors are expected to fuel the growth of the microalgae-based aquafeed market during the assessment period. These include burgeoning seafood demand, growing concerns over overfishing, and a surging need for sustainable fish feeds.

The aquaculture sector is facing high pressure to reduce its environmental impact. This is expected to create strong demand for sustainable fish feeds like microalgae-based feed, the trend will likely continue through 2034.

Microalgae-based aquafeed is rich in essential nutrients like amino acids, minerals, and vitamins. As a result, more and more fish farmers across the world are looking to use this sustainable and nutritional aquafeed, creating growth prospects for the industry.

Seafood consumption and export are anticipated to rise significantly due to rapid population growth, urbanization, and a surging need for protein-rich food sources. This, in turn, is set to play a key role in propelling demand for microalgae-based aquafeed.

Leading companies are constantly innovating to develop different microalgae-based products for specific aquatic animals. This will likely boost market growth during the next ten years.

Key Takeaways from Market Report:

• The global market is set to reach USD 575 million by 2034, registering a 5% CAGR.
• Based on species, the spirulina segment is set to record a CAGR of 3% through 2034.
• By aquatic animals, the fish segment dominates the industry with a share of 47% in 2023.
• China is anticipated to record a CAGR of 2% between 2024 and 2034.
• Sales in the United States are forecast to total USD 102.3 million by 2034.

“Increasing awareness about the environmental impact of traditional fishmeal is directing fish farmers toward sustainable fish feeds like microalgae-based ones. This will likely boost sales growth during the next decade,” Says Nandini Roy Choudhury, Client Partner at Future Market Insights 

Who is Winning?

The seaweed-based aquafeed industry has a diverse and dynamic competitive landscape, with leading players like Algalimento SL, Cellana Inc., Corbion N.V., and Evergen Resources holding significant shares.

Key players are employing different strategies, including new product launches, acquisitions, mergers, partnerships, and agreements, to boost their revenues and strengthen their footprint. Investments are being directed towards research and development activities to enhance the efficiency and nutritional value of microalgae strains.

Several companies are looking to use new technologies like photobioreactors and closed systems to improve growth, minimize environmental impact, and reduce costs. Key players are also using various marketing strategies to increase their customer base.

Leading Microalgae-based Aquafeed Brands

• A4F Algae for future
• Algalimento SL
• Cellana Inc.
• Corbion N.V.
• Evergen Resources
• Greentech Group
• Kessler Zoologiegrosshandel GmbH & Co. KG
• Koninklijke DSM N.V.
• Solabia Group
• The Archer-Daniels-Midland Company

Industry Update-

• In March 2023, JRS Group acquired Algaia SA, a leading producer of seaweed extracts and hydrocolloids.

Want More Insights?

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

The study incorporates compelling insights based on species (spirulina, chlorella, nannochloropsis, isochrysis, and others) and aquatic animals (fish, mollusks, crustaceans, and others) across various regions.

Dive deeper—click here for the comprehensive report.

Key Segments of Market Report

By Species:

In terms of species, the market has been categorized into spirulina, chlorella, nannochloropsis, isochrysis, and others.

By Aquatic Animal:

Based on aquatic animals, the industry is segmented into fish, mollusks, crustaceans, and others.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

About the Food & Beverage Division at Future Market Insights (FMI)

FMI’s Food & Beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centres in the United Kingdom, the United States, and India. FMI’s latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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 Us

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