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Cassia seed extract is derived from the dried ripe seed of Cassia tora L. or Cassia obtusifolia L. It is consumed in combination with the drugs for improving eyesight, liver heat or fire, and relaxing the bowels. The cassia seed extract is used as a tonic for the kidney, eyes, bowel, and liver, relaxing bowels, weight loss, and lowering blood pressure.

The global cassia seed extract market is expected to have significant growth rate, attributed to growing supplement market, the rapid rate of urbanization, and increasing health consciousness among consumers. North America has substantial growth in the global cassia seed extract market, owing to increasing employment in a sedentary job which requires continuous staring at computer screens.

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Global Cassia Seed Extract Market Dynamics

The growth of the global cassia seed extract market is driven by growing demand for organic food, high demand for food products helpful for losing fat, increasing investments in the food industry, and increasing health consciousness of consumers. Macroeconomic factors such as growing economy, rapid rate of urbanization, increasing per capita income, and increasing employment rate driving the global cassia seed extract market.

The properties of cassia seed such as lipid metabolism inhibitor, helps to soothe the eyes, and prevention & treatment of constipation, high cholesterol, high blood pressure, and eye diseases fueling the demand of cassia seed extract market.

However, long-term consumption of cassia seed leads to several adverse effects including stomach pain, hypotension, diarrhea, premature labor due to an abnormality in the endometrium, and irregular menstruation.

Some of the factors trending the global cassia seed extract market include mergers & acquisitions between the suppliers and end-use industries of cassia seed extract market and increasing technological advancement in the production of cassia seed extract.

The company operates in the cassia seed extract market have significantly high opportunity in regions such as Asia-Pacific, Middle East & Africa, and Latin America attributed to the significantly growing economy and working population across the regions.

Global Cassia Seed Extract Market Regional Outlook

Based on the geographies, the global cassia seed extract market is fragmented into seven regions — North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific except Japan, Japan, and the Middle East & Africa. Among the regions, North America and Western Europe accounts for a relatively high share of the cassia seed extract market, attributed to the high proportion of the sedentary working population.

Asia-Pacific cassia seed extract market is expanding at a significant CAGR, owing to rapidly growing population across the region particularly in the countries such as China and India. The Middle East and Africa is expected to expand at a substantial CAGR, owing to growing food industry across the region.

Eastern Europe and Japan also accounts for significant value share in the global cassia seed extract market. Overall, the outlook for the global cassia seed extract market will have a positive growth over the forecast period, increasing demand for nutraceutical and health consciousness among consumers being counterfeiting factors.

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Global Cassia Seed Extract Market Player

Few players in the global cassia seed extract market include Shaanxi Yongyuan Bio-Tech Co., Ltd., Xi’an Green Spring Technology Co., Ltd., Changsha Wanrun Bio-Technology Co. Ltd., Botaniex Biotech Inc., Shaoxing Marina Biotechnology Co.,Ltd., NATUREX FRANCE AVIGNON, and Teatox Australia Pty Ltd.

The Report Covers Exhaustive Analysis on

• Cassia Seed Extract Market Segments
• Market Dynamics of Cassia Seed Extract Market
• Historical Actual Market Size, 2014-2016 for Cassia Seed Extract Market
• Cassia Seed Extract Market Size & Forecast 2017 to 2027
• Value Chain
• Current Trends/Issues/Challenges
• Competition and Companies involved in Cassia Seed Extract Market
• Cassia Seed Extract Market Drivers and Restraints

Regional Analysis for Cassia Seed Extract Market Includes

• North America
  • US
  • Canada
• Latin America
  • Argentina
  • Mexico
  • Brazil
  • Rest of Latin America
• Western Europe
  • EU5
  • Nordics
  • Benelux
• Eastern Europe
  • Poland
  • Russia
• Asia Pacific
  • Australia and New Zealand (A&NZ)
  • China
  • India
  • ASEAN
  • Rest of Asia Pacific
• Japan
• The Middle East and Africa
  • GCC Countries
  • North Africa
  • South Africa
  • Rest of MEA

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Cassia Seed Extract Market

The global cassia seed extract market is segmented on the basis of application, distribution channel, and region Based on applications, the global cassia seed extract market is segmented into:

• Pharmaceutical
• Nutraceutical
• Food & Beverages
• Others

Based on distribution channel, the global cassia seed extract market is segmented into:

• Wholesale
• Retail
• Hypermarket/Supermarket
• Convenience Store
• E-Commerce

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Sodium phosphate is a term mainly used for a range of salts of sodium and phosphate. Sodium phosphate has various applications, primarily in food & beverages and water treatment. Sodium phosphates are frequently used as thickening agents, emulsifiers, and leaving agents for baked goods. Further, sodium phosphate is used to regulate the pH of processed foods.

The compound is used in medicines such as for constipation and to make the bowel for medical processes. The various types within the sodium phosphates occur naturally as white crystalline solids. Sodium phosphate is majorly used in hair conditioners, shampoos, oral hygiene products, hair dyes, fragrances, bath products, various types of makeup, and other skincare products owing to their unique cleansing properties.

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Global Sodium Phosphate Market: Drivers and Restraints

Food grade sodium phosphates are used as the food additive due to the rising demand for the food & beverages. The food grade sodium phosphates are used as food additives they have the properties such as buffering capacity sequestration and water retention capability. Another factor, driving the sodium phosphate market is the increase in demand from the developing countries owing to the changing customer preference and the increasing spending capacity of individual consumers in these regions.

Increasing crop production has further enhanced the sales for sodium phosphate market. Other factors such as the increase in meat consumption owing to increasing demand for animal feed, rising demand for water treatment chemicals are few other factors driving the sales for sodium phosphate market.

However, the greatest challenge in the global sodium phosphate market is the diminishing supply of phosphate. Another major challenge in the market is the stringent regulations related to the usage of sodium phosphate in detergents.

Global Sodium Phosphate Market: Regional Outlook

The global sodium phosphate market is segmented by regions into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia-Pacific excluding Japan (APEJ), and Japan.

The Asia-Pacific region phosphate market is expected to witness the highest CAGR during the forecast period. The growing population in the region along with the increasing demand for food amongst the consumers is one of the primary driver driving the sodium phosphate market in the region.

India and China are the key countries where the market is expected to enhance owing to the vast population and the demand for processed food.

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Global Sodium Phosphate Market: Prominent vendors   

Few of the prominent players in the global sodium phosphate market are The Mosaic Company, S.A. OCP, Potash Corporation of Saskatchewan Inc., PJSC PhosAgro AG, Agrium Inc., EuroChem, Saudi Arabian Mining Company, Innophos Holdings, Inc., Israel Chemicals Ltd, and among others. Few of the strategies adopted by the key players in the market are partnership and collaboration with other operators, expansion into the untapped market, and joint ventures with the organizations in emerging countries to gain the strong foothold in the market.

To ensure product differentiation and to acquire a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products. Most of the major Sodium Phosphate manufacturers concentrate on capitalizing their funds to maintain applications and technical marketing groups are appointed to serve the ever-changing needs of clients.

Global Sodium Phosphate Market: Segmentation

The global sodium phosphate market is segmented by product type into:

• Monobasic sodium phosphate
• Disodium phosphate
• Trisodium phosphate

The global sodium phosphate market is segmented by application into:

• Food & Beverages
• Fertilizers
• Detergents
• Metal Finishing
• Water Treatment Chemicals
• Personal Care

The global sodium phosphate market is segmented by a source into:

• Sedimentary Marine Deposits
• Igneous & Weathered Rock
• Biogenic

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

About FMI

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

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Whiskey is becoming popular around the world, driving the bulk of volume consumption growth from through 2022. As per Future Market Insights (FMI), the blended malt Scotch whiskey is leading the market in terms of product type, with consumption increasing at a whopping pace. The rise in creative, innovative cocktails and the growing “cocktail culture” in the U.S. have helped in surging sales of whiskey.

Whiskey is currently produced in at least 25 countries. Many countries that were not even on a Whiskey lover’s radar ten years ago are now big Whiskey producers. Germany, for example, is a major producer of Whiskey and even has its own whiskey trail with distilleries.

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This international rise shows no signs of slowing down, and the Whiskey selections offered at a Whiskey bar demonstrate the explosion of Whiskey-producing countries in only the last five years. There appears to be an ever-increasing number of new brands launching around the world.

“The availability of various brands of whiskey under one roof in supermarkets and hypermarkets gives customers more options. This is helping the the global whiskey market grow at an impressive pace. Over the projected term, the customer-centric strategy and improved shopping experience given by hypermarkets and supermarkets by allocating particular whiskey product areas will continue to draw consumer attention and drive market,” said a lead analyst at FMI.

Whiskey Market Key Takeaways

• Global whiskey market to surpass US$ 80.9 Bn in 2022.
• Demand in the U.S. to grow as number of clubs and restaurants increases, spurring sales in North America.
• Non-alcoholic beverages sales to grow as focus on wellness increases among millennials.
• Sales of flavored whiskey to pick up pace globally.

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Untapped market- Giving better growth opportunity

Companies are focusing on reaching a wider consumer base in various untapped markets in order to grow sales. As per the study, several companies will aim at strengthening presence in the Middle East.

There are various regions where premium alcohol is exported from other countries. This leads to high cost of premium products, hence affecting the sales in these regions. Companies are focusing on expansions to manufacture their premium products in the region itself, leading to comparatively lower costs.

Low penetration in few regions, coupled with high costs of premium exported products, is creating opportunity for manufacturers to expand in such regions.

Who is winning?

The right product labeling goes a long way in cementing brand trust in the minds of consumers and the global clean label movement is one-way F&B manufacturers can build this trust. Worldwide F&B regulations mandate clean label packaging with clear information on the ingredients, sourcing, and processing methods to create more transparency across the food chain.

Clean labeling is also about the resultant environmental impact of food production and consumers are showing keen interest in analyzing if the food they consume has been sourced and produced in an eco-friendly manner.

Some of the leading companies offering whiskey are

• Diageo
• Chivas Brothers
• William Grant & Sons
• Bacardi
• La Martiniquaise
• The Edrington Group
• Belvedere
• Beam Suntory
• Whyte & Mackay
• Inver House, LVMH
• Loch Lomond, and Others

Get Valuable Insights into Whiskey market 

Future Market Insights, in its new offering, provides an unbiased analysis of the whiskey market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the whiskey market based on beverage type (alcoholic whiskey and non- alcoholic whiskey), by product type (bourbon whiskey, scotch whiskey, malted whiskey, rye whiskey, corn whiskey, blended whiskey, and other whiskey types (wheat, spirit, etc)), by flavor (unflavored and flavored) by end user (food and beverage industry, horeca, and household retail), by sales channel (business to business and business to consumer), and across seven major regions.

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About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About FMI

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

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The Australia legal cannabis market is expected to reach a market valuation of US$ 67.39 Million by the year 2022, accelerating with a moderate CAGR of 30.1% by 2022-2032. Australia Legal Cannabis market size is anticipated to be valued at about US$ 936.22 Million by 2032 end.

The Australia legal cannabis market analysis indicates that Australia has been a major proponent of cannabis legalisation when compared to other nations in the Asia Pacific area. For instance, after cannabis was legalised in Canberra, adults over the age of 18 were permitted to grow two marijuana plants and possess up to 50 grammes of dried marijuana. Numerous businesses are listed on the Australian Stock Exchange (ASX), have requested cultivation permits, and are being bought or financed by influential parties.

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The COVID-19 pandemic severely disrupted all trade, including the import and export of products. Although sales of Australia legal cannabis, in a country that produces the drug, saw a sharp increase in recreational use, those sales have since recovered as trade restrictions have been relaxed. The Australia legal cannabis industry is anticipated to expand significantly if cannabis products are made available for OTC sales through a variety of distribution channels.

During the projected period, the marijuana segment of Australia legal cannabis market is anticipated to increase at the fastest rate. People are turning to legally getting marijuana products for medical use as a result of the legalisation of medical marijuana and its ban in the nation. The illicit market is anticipated to experience a considerable drop as a result. Legalizing cannabis is anticipated to increase the Australia legal cannabis industry growth as well as government revenue via taxes.

The laws governing the use of marijuana and hemp for medical purposes are strictly regulated in Australia and are continuously changing, thereby impacting the Australia legal cannabis market outlook. According to the Australian Institute of Health and Welfare, legalization was supported by 41.0% of the population as of July 2020.

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The nation’s capital Canberra became the first city to legalize recreational marijuana use and personal marijuana cultivation in September 2019. Possession of recreational marijuana is still prohibited nationwide on a federal basis, though. The government passed new cannabis laws, enabling the Australian Capital Territory (ACT) to buy and grow marijuana for recreational purposes.

Key Takeaways from Market Study

• With an 81 percent revenue share in 2021, the industrial application segment dominated the Australia legal cannabis market.
• With an 83.2 percent revenue share in 2021, the hemp sector led the Australia legal cannabis market. This is a result of both rising rates of illnesses like epilepsy and other sleep disorders and expanding use of hemp-based products like hemp CBD and supplements due to their numerous health benefits.
• CBD has the greatest revenue share (66.5%) of the l Australia legal cannabis market in 2021.
• The demand for hemp and marijuana for medicinal purposes is anticipated to rise in response to increased opioid toxicity, necessitating increased cultivation to supply this demand.

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Competitive Landscape

The Australia legal cannabis market is heavily dominated by numerous local and foreign businesses. Local companies are focusing their efforts on expanding their clientele, domestic exports, and geographic reach. On the other hand, international players are funding regional companies to strengthen their position themselves in the Australia legal cannabis market share.

Recent Developments in Australia Legal Cannabis Market

Cann Group Limited recently revealed that the sale of Harvest One Cannabis Inc.’s Satipharm division had been completed as of March 10, 2021.

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

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The globalaluminum-free natural food color market is forecasted to be appraised at US$ 4.08 billion by 2032, up from US$ 2.17 billion in 2022, advancing at a CAGR of 6.88% during the forecast period.

Dyes, pigments, and substances which impart color to food and beverages are known as coloring additive or food colors. Available as liquid, gels, and powder food coloring is used in both commercial and domestic production of eatables and beverages.

Consumers continue to associate the taste of food products with its color which is a vital factor F&B companies are increasingly using food coloring to make their products more presentable and marketable. Aluminum lakes are being increasingly used in the production of food coloring owing to their dispersible nature enabling them to mix with oil, fat, propylene glycol, and glycerin and water. However, concerns regarding the adverse impact of aluminum consumption on human health are creating a demand for natural food colors.

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Aluminum-free Natural Food Color Market Dynamics

Health Concerns Surrounding Prolonged Aluminum Consumption to Uphold Market Growth

Although aluminum has been approved for use in food coloring, it is widely identified as a neurotoxin proven to impact over 200 biological functions of the body. The metal accumulates in the human system over periods of time and can have adverse consequences on human health. Numerous studies suggest that prolonged accumulation of aluminum in the body can potentially cause neurodegenerative diseases such as dementia, Alzheimer’s disease, Parkinson’s, and amyotrophic lateral sclerosis (ALS).

In addition, aluminum competes with other minerals for absorption into the bloodstream. This can significantly deter calcium absorption in bones and impact skeletal mineralization. Further, studies have linked the accumulation of metal in the body to the development of autism and slowdown of growth in kids. Growing awareness about the adverse impact of aluminum on human health is prompting food and beverage companies to seek alternatives to food color containing aluminum.

A recent development complementing the trend was the release of a survey conducted Federal Institute of Risk Assessment, Germany which revealed that approximately half of the German population avoids the use of aluminum-based products. The factor is estimated to play a vital role in aluminum-free natural food color market growth during the forecast period.

Coupled with the growing awareness about the adverse impact of aluminum on human health, the trends are expected to drive food processing companies to replace artificial and synthetic coloring with their natural alternatives.

Additionally, the burgeoning demand for naturally sourced ingredients for food products and the widespread consumer perception associating natural with healthy is driving manufacturers to increasingly replace aluminum-based food coloring in their products.

The factor is expected to contribute significantly to the aluminum-free natural food color market growth with consumers increasingly preferring brands which provide detailed insights into their supply chain management.

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Innovations in Natural Food Color Development to Drive Adoption

Aluminum lakes find widespread usage in the production of blue pigment for food coloring. Intensifying research and development towards finding natural sources for blue color is likely to accelerate adoption of aluminum-free natural food color.

For instance, recent research in the area is studying the potential of deriving blue color from fungal, animal, and microbial sources. In addition, the aluminum-free natural food colors are also finding widespread adoption in the food and beverages industry owing to the nutritional benefits offered by them which are central to marketing campaigns of companies vying to capitalize on the burgeoning demand for natural products. Technical breakthroughs in the production of natural food colors are further expected to underpin aluminum-free natural food color market growth.

For instance, Phytolon, an emerging company in the food color market, obtained the license for using plant-based genes known as betalains for the production of a variety of natural colors. The company revealed that they will be leveraging a novel technique employing the use of yeast for the commercial production of natural food color. Burgeoning investments in natural food color production and accelerated sophistication of production processes is estimated to fuel aluminum-free natural food color market growth.

Inefficient Functionality and Lower Shelf-life of Natural Colors to Dent Sales

Natural food colorings are unstable and exhibit low heat resistance. In addition, the coloring can fade easily and undergo a change in properties when subjected to light and different pH levels. Being derived from natural sources, natural food coloring can cause allergic reactions.

Furthermore, the overall cost of production of natural food colors is substantially higher than its synthetic counterparts. The requirement of a vast amount of raw materials in plants, fruits, and other natural sources makes the production of natural colors both expensive and non-sustainable.

These factors are restraining the widespread adoption of natural colors in commercial food processing and continue to pose a daunting challenge to manufacturers operating in the aluminum-free natural food color market.

Aluminum-free natural food color market – Notable Highlights

• Naturex, a key player in the aluminum-free natural food color market, launched a new line of natural food colors named “Vegebite Ultimate Spirulina”. The product line features blue and green colors sourced from spirulina for confectionary and beverages with the colors being available in liquid and powder form.
• Increasing collaborations in the aluminum-free natural food color market received a huge boost when Exberry and GNT group launched the Sunshine Shades range of natural food coloring. Under the product line, the company will be launching natural colors ranging from bright yellow to dark orange which can potentially replace yellow food coloring manufactured using aluminum lakes.
• The trend for significantly reducing the use of aluminum lakes in food color manufacturing saw another key development when Roha announced the launch of its Natracol Vibra Yellow color for use in the food products such as gummies, candies, and dairy products.

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Aluminum-free Natural Food Color Market Segmentation

On the basis of type, the aluminum-free natural food color market can be segmented into:

• Beta Carotene
• Astaxanthin
• Annatto
• Curcumin
• Spirulina
• Carmine

Based on the end-use application, the aluminum-free natural food color market can be segmented into:

• Processed/Frozen food products
• Beverages
• Dairy Products
• Bakery and Confectionary Products
• Others

Frequently Asked Questions

• What is the Growth Outlook for the Aluminum-free Natural Food Color Market?
• What is the major driver contributing to the Aluminum-free Natural Food Color market share of the European and North American countries?
• Who are a few key players in the Aluminum0free Natural Food Color Market?

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

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The global multistrain probiotics market is forecasted to be valuated at US$ 156.25 billion by 2032, up from US$ 66 billion in 2022, advancing at a CAGR of 9% from 2022 to 2032.

A burgeoning number of consumers are amassing healthy eating habits, and thereby, health-conscious consumers are more inclined towards nutritional and functional food products. With the growing preference for nutrient-rich food products, probiotics have gained immense popularity among health-conscious consumers around the world. While probiotics are available in both monostrain and multistrain probiotic forms, the tendency to work with multistrain probiotics has always remained high.

As multistrain probiotics imply a broader spectrum of efficacy and synergistic effects, the market for multistrain probiotics is likely to maintain its momentum in the upcoming years. In addition, growing awareness about the influence of multistrain probiotics of the immunity, digestion system, and overall health is triggering demand for multistrain probiotics. Leading players in the multistrain probiotics market are aiming to capitalize on increasing disposable income of consumer and growing awareness about their dietary habits to improve profitable sales of their diverse portfolio of multistrain probiotics.

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Multistrain Probiotics Market – Notable Developments

Yakult Honsha Co., Ltd., DuPont Nutrition & Health, Deerland Enzymes, Inc., Protexin, Hansen Holding A/S, Arla Foods, MORINAGA & CO., LTD., LALLEMAND Inc., Danisco, PROBI, Biogaia, Attune Foods, bifodan, Daflorn Ltd., Biocare Copenhagen, ecologicinside, Hansen Holding A/S, danone, Société des Produits Nestlé, and Nebraska Cultures are among the leading players in the multistrain probiotics market.

• In June 2018, DuPont Nutrition & Health – a business unit of DowDuPont Specialty Products Division – announced its partnership with INRA (French National Institute for Agricultural Research) through MetaGenoPolis (MGP) and Micalis Institute to strengthen DuPont’s probiotic strains capabilities with a functional metagenomics approach. The company aims to define DuPont™ Danisco® probiotic strains’ molecular mechanisms of action to consolidate its position in the multistrain probiotics market, with the new collaboration with INRA Micalis-MGP.
• In January 2018, BioGaia – a Swedish biotechnology company that primarily focuses on probiotic products – announced that it has entered an agreement with Abbott Laboratories – an American healthcare company – to commercialize its BioGaia Protectis probiotic supplements in China. The company announced that this collaboration was in line with its strategies to grow its probiotics business in Asian markets.
• In July 2018, Deerland Enzymes & Probiotics – a global leader in enzymes and multistrain probiotics market, announced that it has acquired National Enzyme Company – a leading manufacturer of enzyme-based dietary supplements – to gain momentum in the multistrain probiotics market. The company announced its aim to add National Enzyme Company’s SORA and BioCore® capabilities to its production facility and strengthen the presence in the market with its branded technologies and probiotics expertise.

Ongoing Research and Studies Spread Awareness about Health Benefits of Multistrain Probiotics

As consumers are becoming highly critical about food ingredients and their benefits before making a purchasing decision, food manufacturers are investing heavily in research on health-benefitting ingredients to attract a large base of health-conscious consumers. The multistrain probiotics market is witnessing healthy growth as recent studies find diverse health benefits of multistrain probiotics.

Researchers find that multistrain probiotics are not only beneficial in treating physical illnesses, such as diarrhea and irritable bowel syndrome (IBS), but can also contribute to improving psychological health. Increasing awareness about the health-boosting properties of multistrain probiotics is expected to contribute to the increasing growth of the multistrain probiotics market in the upcoming years.

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Applications of Multistrain Probiotics in Dairy Products to Remain Highest

Increasing growth of the multistrain market is mainly attributed to its applications in pharmaceuticals, animal feed, and food & beverages, however, food & beverage industry remains the linchpin for the multistrain probiotics market.

Consumers are becoming critical about their dietary choices and thereby, are more inclined towards food products with high nutritional contents. Dairy products are likely to remain the leading segment in the multistrain probiotics market, and leading market players are shifting their focus on the dairy industry to capitalize on this trend.

Some of the examples include

• In October 2018, Hansen Holding A/S – a leading bioscience company – announced that it has acquired all the assets of Österreichische Laberzeugung Hundsbichler GmbH – an Austria-based ingredient supplier. With this acquisition, the company aims to expand its enzymes business in the traditional processed cheese segments of the dairy industry.
• In December 2018, Arla Foods, Inc. – a leading dairy company in the multistrain probiotics market – announced that it has acquired the Middle East and Africa Kraft branded processed cheese business of Mondeléz International – an American food company.

Asia Pacific to Emerge as a Leading Market for Multistrain Probiotics

Though the wave of health & fitness have spread across the world, rapidly-growing end-user industries in the Asia Pacific have a major contribution in growth of the multistrain probiotics market. Leading players in the multistrain probiotics market are shifting focus on their businesses in developing countries in the Asia Pacific region to leverage increasing disposable income of consumers and growing demand for healthy and nutritional food products.

European market for multistrain probiotics is also likely to create lucrative opportunities for market players in the upcoming years with growing health awareness among European consumers. In addition, governing bodies in Europe, such as the European Society for Clinical Nutrition and Metabolism (ESPEN), have developed regulations and directives to govern the use of multistrain probiotics in various food products, pharmaceuticals, and dietary supplements. This is likely to augur well for the multistrain probiotics market players in Europe.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global Blackout Fabric Laminates market.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Blackout Fabric Laminates market attractiveness as per segments. The report also maps the qualitative impact of various factors on Blackout Fabric Laminates market segments and geographies.

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Multistrain Probiotics Market Segmentation

The multistrain probiotics market can be bifurcated on the basis of:

• Applications
• End-users

Multistrain Probiotics Market Segmentation Based on Applications

• Food & Beverages
• Animal Feed
• Dietary Supplements

Multistrain Probiotics Market Segmentation Based on End-users

• Humans
• Animal Feed

Frequently Asked Questions

• What is the Growth Outlook for the Multistrain Probiotics Market?
• Which Region is the Largest Market for Multistrain Probiotics?
• Which is the Valuation of Multistrain Probiotics Market as of 2022?

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The global native starch market is projected to witness a CAGR of 5.7% and is anticipated to reach a valuation of around US$ 2.6 Bn by 2032, while it is estimated to be valued at US$ 1.5 Bn in 2022.

The increased use of native starch as a stabilizing, thickening, and gelling agent, as well as a diluent, binder, and excipient, is expected to drive the demand for native starch. The expansion of the food and beverage industry is projected to be a major driver of consumption.

The product is used in the production of frozen, packaged, and ready-to-eat foods. The market for such food products is rapidly expanding, particularly in emerging nations, which is projected to have a beneficial impact on the industry’s growth. These impacts are helping the sales of native starch.

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The adoption of native starch is anticipated to rise with a variety of manufacturing ingredients, including corn, potato, and wheat. The United States is projected to be the world’s leading corn producer and exporter in 2022.

The vast supply of raw resources, together with the country’s well-established manufacturing sector, is predicted to be a major driver of industry expansion in the United States, boosting the sales of native starch.

Moreover, the growing food and beverage industry, particularly in rising economies like India and China, has boosted the number of native starch customers in these countries.

The buyer’s decision is likely to be influenced by cost competitiveness and product quality, increasing the adoption rate with rising demand for native starch due to low switching costs and the availability of multiple manufacturers around the world, buyers have a lot of leverage.

Key Takeaways

• The market is segmented based on source, wherein the native starch is anticipated to account for around 31.7% of the market share over the forecast period, thriving the native starch market
• The North American native starch market is expected to witness a lucrative growth rate of 5.2% during the forecast period.
• East Asia is inferred to account for 15.4% of the global native starch consumption through 2032, fueling the demand for native starch.
• The market is segmented based on end-use, wherein food and beverages are anticipated to account for around 31.7% of the market share over the forecast period.

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 “To expand their business, key manufacturers are employing aggressive techniques. Product branding and positioning are extremely important to them. Consumer pleasure is being used as a realistic approach for growing their global impact. These are the factors driving the native starch market forward.” – Future Market Insights Analyst.

Competitive Landscape

The growth in the global food and beverage industry is propelled by targeting emerging economies that are creating lucrative opportunities for various global markets. Native starch companies are implementing robust go-to-market strategies such as collaborations, partnerships, M&A, and divestitures in addition to focusing on organic growth, increasing the demand for native starch.

Key players operating in the global native starch market also focus on strategic collaboration with local distributors in the emerging countries to reach a large consumer base.

Key players in the global native starch market include: 

• Ingredion Inc.
• Cargill, Inc.
• E. I. du Pont de Nemours
• Tate & Lyle PLC
• Archer Daniels Midland Company
• Roquette Frères S.A.
• Euroduna Food Ingredients GmbH
• BENEO GmbH
• Kent Corporation
• MGP Ingredients Inc.
• AGRANA – Beteiligungs
• AG Tereos Starch & Sweeteners Iberia Sa
• Thai Flour Co., Ltd.
• Manildra Group
• Avebe U.A
• Amylco LLC
• KMC Kartoffelmelcentralen A.M.B.A
• Gulshan Polyols Ltd.
• SPAC STARCH PRODUCTS (INDIA) LTD among other native starch manufacturers.

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  Recent Market Developments:

• Ingredion Pvt ltd recenly launched functional native starches that formulates food and beverages with ingredients consumers accept, prefer and expect. This is anticipated to push the competition level and increase the sales of native starch.
• Cargill Inc has included new applications in its native starch batch such as brewing adjuncts, bakery mixes and processed meat. This increases the demand for native starch globally.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Native Starch market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on the native starch market by nature (corn, wheat, potatoes, tapioca, others), by form (powder, liquid), by end-user (food and beverages, paper industry, feed industry, others) & region across seven major regions of the world.

About FMI

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

Contact Us:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers,
Dubai
​United Arab Emirates
For Sales Queries: sales@futuremarketinsights.com
Browse All Report: https://www.futuremarketinsights.com/reports
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