Automotive Coolant Additives Market- Global Revenue Growth Expectations in the Near Future

Automotive coolant additives are an integral part of the automobile industry. Automotive coolant additives are used to achieve maximum efficacy in case of coolants. Automotive coolants are primarily used in vehicles to inhibit excessive heating of components & parts.

Coolants absorb excessive heat from parts & components and disperse it into the outer atmosphere with the help of different sources. Moreover, these coolants are used to decrease the temperature of engine components to improve their lifespan and drop down the exhaust emission. Automotive coolant additives impart several properties to coolants, such as anti-freezing properties, corrosion resistance and better fluidity, etc.

In vehicles, engine’s operational temperature must be sustained in an optimal range to ensure the proper functioning of the engine. Excessive temperatures in engine lead to oxidization of the the engine oil. Automotive coolant additives facilitate coolant movement in the radiator in vehicle engines and help in picking up heat and throw it into the outside air.

Automotive coolant additives enable better heat transfer as they help in maintaining the temperature between the outside air and coolant. In the commercial market place, automotive coolant additives are generally marketed in two forms i.e. powder & liquid.

Automotive coolant additives use three technologies i.e. Conventional or IAT (Inorganic Additive Technology), Hybrid and OAT (Organic Acid Technology). Automotive coolant additives based on IAT use chemicals, such as phosphates, silicates, nitrites, etc.

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Automotive coolant additives based on OAT use organic acid & azole and automotive coolant additives based on hybrid technology use both organic acid & commercial chemicals but use the organic acid as the primary functional material.

Automotive Coolant Additives Market: Market Dynamics

Demand for automotive coolants additives is estimated to increase over the forecast period due to growing usage of vehicles. Automotive coolant consumption is highly dependent on the distance travelled by the vehicle. Thus, high inclination & dependency of the society on vehicles for commutation is expected to give a boost to the automotive coolant additives market.

Attributes, such as high boiling point & high absorption of heat, are expected to increase the consumption of automotive coolant additives in the long-term scenario. Likewise, increase in vehicle production is also expected to create demand space for automotive coolant additives.

Also, individual preference towards the adoption of high-end coolants for better vehicle performance is also expected to fuel the growth of the automotive coolant additives market. However, growing electric vehicle industry is proving as a stumbling block in automotive coolant additives market limiting the scope of coolant additives to conventional vehicles with an average growth rate.

Automotive Coolant Additives Market: Region Wise Trends

North America is one of the largest consumers of automotive coolant additives due to the presence of a huge number of vehicles. It is closely followed by Europe as the region is showing immense potential for high-end coolants with high amounts of automotive coolant additives.

The growth of automotive coolant additives is expected to be highest in APAC, led by China as well as some other emerging countries, such as India and ASEAN countries. Developing surface transport structure in MEA is expected to create market opportunities for automotive coolant additives manufacturers. Increasing mobility in LA & EE is expected to create demand space for automotive coolant additives.

Despite an extensive automotive vehicle infrastructure, Japan is expected to be the least growing country in the automotive coolant additives market.

Examples of some of the market participants identified across the value chain of the global Automotive Coolant Additives market include

  • Cummins Filtration
  • Royal Purple Synthetic Oil
  • Keller strass Oil Company
  • Ashburn Chemical Technologies
  • Dober
  • Cortec Corporation
  • Chemtex Speciality Limited
  • WEBA Technology Corp

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Automotive Coolant Additives Market: Segmentation

On the basis of form, the Automotive Coolant Additives Market can be segmented into:

  • Powder
  • Liquid

On the basis of technology, the Automotive Coolant Additives Market can be segmented into:

  • Organic Acid Technology
  • Inorganic Additive Technology
  • Silicates
  • Borates
  • Phosphates
  • Others
  • Hybrid

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Textile Based pH Controllers Market- This is How Leading Companies Are Dominating the Global Market

Growing demand for the textile based pH controllers has been observed from the textile industry. pH is the most important parameter to be maintained, in the textile processing industry.

Therefore, it is necessary to be regulated and controlled during various processes, to ensure the process efficiency, in textile manufacturing. The process effectiveness in primarily dependent on pH values, pH decides rate of reduction and oxidation, it also decides the quantity of textile chemicals used in the process.

Reactive dyeing process in textile processing is also primarily pH dependent. Therefore, for achieving the required results in the process, pH is the most important parameter to be controlled. Various chemical solutions are used for this purpose.

pH controllers are also known as pH buffers. Textile based pH controllers are majorly used in the process of dyeing in textiles manufacturing. Consistency in colors can be achieved by controlling and maintaining proper pH during the dyeing process.

Textile based pH controllers play a major role in all the liquid based processes in textile manufacturing. Therefore, the growth in the textile industry is expected to boost the demand for the pH controllers.

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Global Textile Based pH Controllers Market Dynamics

Textile Based pH Controllers Market Drivers

Textile based pH controllers are the part of textile auxiliary chemicals. Rise in demand for the textile auxiliary chemicals, for improving performance of the textile processing, has been seen in the textile industry. This is pushing the demand for the textile based pH controllers from this industry.

Increasing focus on the quality processes for getting high quality textile output, is pushing the use of textile based pH controllers during the textile processing. Increasing demand for textile chemicals due to rise in demand for textiles from apparels industry, is expected to drive the demand for textile based pH controllers. Innovations and development in the textile industry is supporting its growth, all over the world.

Textile recycling is also gaining more attention these days. Recycling of the textiles needs effective dyeing, which will in turn increase the consumption of the textile based pH controllers.  High growth in demand for textile auxiliary chemicals and need for the pH controllers in the textile processing is expected to accelerate the growth of the textile based pH controllers during the forecast period.

Increasing capacities of textile plants in the emerging economies, is pushing the demand for high performance textile based pH controllers for the effective processing of textiles. This is projected to continue, over the forecast period. Increasing populations, has also accelerated the textile industry growth is resulting into rise in demand for textile based pH controllers.

Strong growth of global economy and increasing need for sustainable industrial solutions, is expected to boost the demand for textile based pH controllers globally, during the forecast.

Textile Based pH Controllers Market Restraints

One of the major challenge faced by the global textile based pH controllers market is need for the continuous research & development for the product improvement.

Large players in the market are continuously focusing on the innovations and developing improved textile based pH controllers. Therefore, to sustain in the global competition is one of the big challenges in the textile based pH controllers manufacturers.

Additionally, environmental regulations are getting stringent day by day, which may act as the restraining factor for the textile based pH controllers market during the forecast period.

Global Textile Based pH Controllers Market: Regional Outlook

The global textile based pH controllers market is anticipated to be dominated by Asia Pacific region with China leading the market both in terms of production and consumption. India is also anticipated to witness fastest growth in demand for textile based pH controllers owing to the rapid growth in the demand for textiles auxiliary chemical, because of rise in the industrial infrastructure, for textile industry, in the country.

North America and Europe are collectively anticipated to hold significant share in the textile based pH controllers market and is expected relatively slow growth in demand compared to Asia Pacific.

Significant investments and recovering economy in Brazil and Argentina are projected to drive the Latin America textile based pH controllers market. Middle East and Africa is projected to witness moderate growth in demand for textile based pH controllers over the forecast period.

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Global Textile Based pH Controllers Market Participants

Some of the market participants identified across the value chain of global textile based pH controllers market are:

  • BASF
  • FCL
  • Rudolf GmbH
  • S&D
  • ZSCHIMMER & SCHWARZ
  • ICL
  • Seydel Companies
  • GIOVANNI BOZZETTO S.p.A.
  • Jay Chemical Industries Ltd.
  • Rung International
  • Avco chemicals
  • Denim Care Sdn Bhd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

Global Textile Based pH Controllers Market Segmentation

On the basis of type, the global textile based pH controllers market can be segmented as:

  • Acid Donor
  • Alkali Donor

On the basis of process, the global textile based pH controllers market can be segmented as:

  • Stripping
  • Bleaching
  • Oxidation
  • Sourcing
  • Finishing
  • Other Processes

Have a Look at Related Research Reports of Chemicals & Materials

Plasticizer Alcohols Market: The global plasticizer alcohols market is estimated to register at a CAGR of 3.4% in the global market during the forecast period and registers a revenue valued at US$ 6.08 Bn in 2022, and is expected to cross US$ 8.49 Bn by 2032.

Carbon Disulfide Market: Carbon Disulfide market is relishing a market valuation of US$ 170.5 Mn in 2022, and all are set to expand with a CAGR of 2.9% during the 2022 – 2032 period. The market is anticipated to top a valuation of US$ 226.9 Mn by the end of the forecast period.

Fly Ash Bricks Market: Fly ash bricks as the name signifies, is made from fly ash generated from the thermal power stations along with lime and gypsum.

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Canned Salmon Market Key Growth Influencers with Regional Parent Market Outlook-2032

The canned salmon market is expected to witness growth at a CAGR of 6.8%, reaching a valuation of US$ 9.2 Bn by 2032.

Manufacturers are using salmon byproducts in a variety of products including pet food, animal feed, and as a fat absorber in the meat and confectionary sectors. These applications aid in reducing waste at the manufacturer’s end and allow for the most efficient use of resources.

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The manufacturers therefore improve the company’s revenue by selling such items that use the available resources created by the production of the company’s core product. Thai Union Group, Pataya Food Industries, Alaska Seafood Company, and other large seafood companies are also involved in the production of pet food.

The canned salmon market is predicted to expand considerably as more players are investing in online retail format to reach out to more customers in accordance with the growing trend of online shopping. The online retail model is handy for consumers, and growing digitalization across emerging economies will augment the growth in the market.

East Asia is expected to witness surge in demand for canned salmons due to less stringent policies in addition to rising population and changes in consumer spending patterns. Owing to these factors, demand for canned salmons is expected to rise in the near future.

“Manufacturers are offering a wide range of flavors and forms of canned salmon, which in turn will augment the growth in the market. In addition to this, rising adoption of sustainable practices for aquaculture will drive sales in the forthcoming years,” says an FMI analyst.  

Key Takeaways:

  • Based on source, sales in the farmed fish segment will increase at a 5.6% CAGR over the forecast period.
  • In terms of species, demand for pacific species will grow at a 6.9% CAGR through 2032.
  • By sales channel, the indirect segment is projected to expand at a 7% CAGR over the forecast period.
  • Total sales of canned salmon in the U.S. market will reach a valuation of US$ 775.8 Mn in 2022.
  • Thailand will emerge as a lucrative pocket, accounting for 30% of the South Asia canned salmon market share in 2022.

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Competitive Landscape

Key canned salmon producers are working on research and development in order to offer a variety of goods that do not include any chemical additives. To enter untapped market, leading players are partnering and developing new product lines. For instance:

  • Thai Union Group plans to launch Plant based products comprising both seafood and non-seafood in Asia Pacific region in 2021.
  • Subsidiary of Thai Union Group, John West Foods Ltd. has unveiled a Salmon Fridge Pot in 2021 in a bid to attract younger consumers and make the tinned salmon category more relevant to consumers.

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

The study offers compelling insights based on  Source (Wild and Farmed), By Form (Skinless/ Boneless, Chunks, and Fillets), Category (Smoked Fish- In Oil/ Deep Fried, Smoked Fish- Steamed, and Conventional/ Traditional), Species (Atlantic and Pacific), Sales Channel (Direct Sales and Indirect Sales), & Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).

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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Carotenoids Pigment Market Growth Pace Indicators with Consumer Outlook, Historical and Future Outlook-2032

Carotenoids Pigments market insights covers the food and beverage industry that uses Carotenoids Pigments all over the world. The market is expected to reach a market valuation of near by $539 million by 2022 and grow at a CAGR of 5.5 per year between 2022 and 2032. Carotenoids pigment sales accounted for a whopping ~33.28% of revenue in the global natural pigments market valued at US$1.6 billion in 2021.

Carotenoids food colorant is also loaded with several pharmaceutical properties and is therefore widely used in cooking culinary practices. Carotenoids can be derived from plants and animals like pumpkins, carrots, parsnips, corn, tomatoes, canaries, flamingos, salmon, lobster, shrimp, and daffodils.

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Key Takeaways from Market Report

  • The overall natural food colors market is expected to expand at CAGRs of 6.5% and 6.1% in North America and Latin America, respectively, through 2032, while the carotenoids food colors market is anticipated to grow at a rate of 5.8% and 6% in these regions respectively.
  • The European carotenoids food colors market is currently pegged at 700 metric tons by volume and USD 160 mn by value. The demand for carotenoid Food Colors is about to grow at 9% CAGR between 2022 and 2032 in this region.
  • In 2021, the Asia Pacific market had a market share of 23.4% in the global carotenoids food colors market. It is anticipated to register over 6% CAGR through 2032 due to the rising occurrence of chronic diseases and the growing awareness among people of the advantages of carotenoids.
  • Although by application, the beverages industry holds command over the highest market share of 20%, the pet food segment for carotenoids consumption is set to expand at a CAGR of 2%.
  • Growing consumer preference for organic, healthy, and nutritious food products is the main driver for sales of carotenoid food colors across global markets.

In the human diet, absorption of carotenoids enhances when consumed with fat in a meal. Cooking carotenoid-rich vegetables in oil and shredding the vegetable both increase carotenoid bioavailability. Hence, it is quite convenient to extract and utilize carotenoid natural colors in foods and beverages.

With the rising number of consumers shifting to an organic diet, the use of Carotenoids food colors has boomed in the food processing industry. Also, the enlarging health-consciousness among people during the pandemic has triggered people globally into looking for natural food colors like Carotenoids color shades on their plates.

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 “Carotenoids food colorant manufacturers are advised to target the health and nutrition markets like dietary supplements industry. Manufacturers should also strive to achieve higher production volumes, to make such natural food colors more affordable to food processing industries. Carotenoids already find application in numerous other industries apart from F&B, hence corporations should not limit themselves to Food and beverages,” says a Future Market Insights analyst.

Competitive Landscape

The market is consolidated and dominated by major players. Carotenoids food colorant producers are majorly cost-cutting procedures in order to make carotenoids food colors affordable for the food processing industry. These manufacturers also participate in various collaborations with leading food brands around the world to increase the reach of their products.

Major market players operating in the carotenoid extract market are Divis Laboratories, Allied Biotech Corporation, D.D. Williamson & Co. Inc., Sensient Technology Corporation, Chr. Hansen Holding A/S, Lycored, Kemin Industries Inc, Cyanotech Corporation, Kalsec Inc, Fiorio Colori, FMC Corporation, WILD Flavors, Naturex S.A., and a few other regional players.

Carotenoids Pigment Market by Category

By Product, the Carotenoids Pigment market is segmented as:

  • Astaxanthin
  • Beta-carotene
  • Lutein
  • Lycopene
  • Canthaxanthin
  • Zeaxanthin
  • Other types (capsanthin, annatto, alpha-carotene, apocarotenal, etc.)

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By Application, the Carotenoids Pigment market is segmented as:

  • Bakery & Confectionery Products
  • Beverages
  • Fruit Preparations/ Fillings
  • Dairy Food Products
  • Potatoes, Pasta, and Rice
  • Soups, Sauces, and Dressings
  • Meat, Poultry, Fish, and Eggs
  • Seasonings
  • Others

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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Ginseng Extracts Market Segment Report on: Consumer Outlook with Upcoming Scope & Challenges-2032

The global ginseng extracts market is set to witness rise at a CAGR of 7.7% and top a valuation of US$ 565.6 Mn in the time period of 2032. Ginseng being an herbal supplement, is used to make functional foods with the extract of its plant root containing active elements called ginsenosides.

The product thus naturally has anti-inflammatory and antioxidants qualities, which helps in improving brain function, strengthening immune system of the body, improving erectile dysfunction, and fighting lethargy.

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Key Takeaways from Market Study

  • The ginseng extracts market is worth of US$ 269.4 Mn sales in 2022.
  • The ginseng extracts market is expected to expand at CAGRs of 7.7% through 2032.
  • Global ginseng extracts demand is projected to grow year-on-year (Y-o-Y) growth of 7.3% in 2022.
  • The ginseng extracts market is growing with a notable boost towards the production to reach USD 565.6 Mn by 2032.
  • Innovative applications, research formulations, and medicinal properties are the factors driving growth of Ginseng Extracts market to be the influencing factors among consumers, which is driving sales of ginseng extracts across global markets.
  • Demand for ginseng extracts grew at 6.4% CAGR between 2017 and 2021.
  • Korea Ginseng Corp., Clariant, Korean Ginseng Export Corporation, RFI Ingredients, Inc, and Ilhwa Co., Ltd. are expected to be the top players in the industry.
  • Siberian ginseng type with capsule form segment of ginseng extracts are in heavy demand from beverage industry carrying a notable market share.

Further, the product can be used to treat different types of cancer, as well as the treatment of swine flu, anemia, diabetes, gastritis, asthma, and fever. Whereas Panax ginseng extracts is a great deal for the intestinal tract, but the efficacy and quality may vary as per the bioavailability, and the form in which the product is consumed, because when consumed orally, ginsenosides are hard to break down with liver enzymes or gastric juices alone.

However, when the product reaches in the intestine, it is fermented into metabolites inside the colon with the help of gut microflora which are more bioavailable, thus improving energy levels and balancing the metabolism process of the body. As a result, improving digestive system due to the medicinal properties of the product is driving the ginseng extracts market forward as a supplement to the food and beverage industry.

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“Ginseng extract induces the functional properties in food products, such as anti-oxidative, anti-obesity, anti-stress, anti-inflammatory, anti-viral, and even anti-cancer properties, which is likely to drive consumption of the product as an additive in the food and beverage industry with growing demand for functional foods, where key industry players are continuously seeking natural ingredients for healthy foods segments, which is likely to provide new market avenues for ginseng extracts,” says a Future Market Insights analyst.

Competitive Landscape

Key ginseng extracts brands are looking for new strategic partnerships to develop the applications in food and beverage industry, as well as cosmetics and personal care industry, while core business brands are focusing on supplying nutritional and high quality solutions to customers consuming ginseng extracts with several product innovations.

  • On 22nd January 2019, supplier of rare plant extracts, Botalys announced to launch Panax ginseng powder as the most bioactive ingredient in the market, termed as HRG80. Ginseng extracts, used as stress reducing agent, considered to be the king of adaptogens by the company. New product launches under the scheme is featuring various innovative forms including nutritional bars, chocolates, soft chews, chewing gums, gummy bears, burgers, juices, coffee, ready-to-drink (RTD) beverages, tea, and granola.

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

The study offers compelling insights based on product type (American ginseng, oriental ginseng, Siberian ginseng, Asian ginseng, and others), form (powder, liquid, tablet, capsule, gel, and others), and application (food & beverages, nutraceuticals & dietary supplements, pharmaceutical, cosmetics & personal care, and others), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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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Egg Yolk Oil Market Share Outlook, Consumer Outlook and Forthcoming Developments with Business Opportunities-2032

The global egg yolk oil market is set to witness growth at a CAGR of 7% over the forecast period (2022-2032) and top a valuation of USD 528.9 Mn by 2032.

Chicken egg yolk oil has been increasingly used in nutraceutical, pharmaceutical and cosmetic applications during the forecast period (2022-2032). This can be attributed to the presence of essential ingredients that contain a large amount of phospholipids and triglycerides with cholesterol. Therefore, the market valuation of chicken egg yolk oil is expected to exceed USD 350 million by the end of 2032.

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An increased adoption of egg yolk oil, particularly in pharmaceuticals and infant nutrition has been witnessed over the past few years, and is predicted to continue to enlarge the market size in the near future. Moreover, several market participants have been continually innovating their product offerings which has resulted in a rise in the consumption of dietary supplements.

For instance, a new product in the form of a mixture of fermented garlic powder and egg yolk oil has come up in the market as an odourless capsule which helps in gaining muscle and buring fat, and boosting up the energy levels. Moreover, the emergence of e-commerce players coupled with an increasing popularity is channelling a significant portion of revenue.

Alongside, nowadays, the customers have been prioritizing the use of products with the natural components over synthetic ones. This is predicted to have a positive impact on the demand for egg yolk oil in the coming years. Comprehending the above mentioned factors, the demand for egg yolk oil is expected to show an upsurge over the forecast period (2022-20320.

Key Takeaways from Market Study

  • US is expected to dominate the North America Egg Yolk Oil market by accounting for the maximum market value share of about 75% by 2022 end
  • Rising consumption of pharmaceutical and personal care products is expected to show an increase in the demand for egg yolk oil in different regions across the globe during the assessment period (2022-2032)
  • By product type, hen egg yolk oil is expected to account for the maximum market value share of the global market by 2022 end
  • In case of application segment, cosmetics and personal care products are expected to gain momentum and account for approximately 50% market value share on a global scale by 2032 end
  • Indirect channel is expected to account for a higher market value share than direct channel by 2032 end

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 “The rise in sales of dietary supplements attributing to the high stress level and hectic lifestyles of consumers is expected to result in a higher demand for egg yolk oil in the coming half decade .”, says a Future Market Insights analyst.

Competitive Landscape

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base. For instance,

  • A company named, ‘Bizen Chemical Co. Ltd.’ has newly offered DHA extracted chicken egg yolk oil from DHA-fortified chickens. This oil is extracted from ethanol which leads to less denaturation of its constituents with no excessive heat treatment

Global Egg Yolk Oil Market by Category

By Type, Global Egg Yolk Oil Market is segmented as:

  • Hen Egg Yolk Oil
  • Duck Egg Yolk Oil

By Extraction Method, Global Egg Yolk Oil Market is segmented as:

  • Dry Distillation Method
  • Baking Method
  • Reduced Pressure Distillation Method
  • Ether Extraction Method
  • Ethanol Extraction Method
  • Petroleum Ether Extraction Method
  • Chloroform Extraction Method

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By Application, Global Egg Yolk Oil Market is segmented as:

  • Dietary Supplements
  • Pharmaceutical Industry
  • Cosmetics and Personal Care Products
    • Skin Care
    • Nail Care
    • Lip Care
    • Hair Care
    • Other Dermatology Applications
  • Nutraceutical Industry
  • Other Applications

By Distribution Channel, Global Egg Yolk Oil Market is segmented as:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Convenience Store
    • Specialty Stores
    • Online Retailers
    • Other Distribution Channel

Explore More Valuable Insights

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

The study offers compelling insights based on type (hen egg yolk oil and duck egg yolk oil), extraction method (dry distillation method, baking method, reduced pressure distillation method, ether extraction method, ethanol extraction method, petroleum ether extraction method, and chloroform extraction method), application (dietary supplements, pharmaceutical industry, nutraceutical industry, cosmetics and personal care products, and other applications), and distribution channel (direct and indirect) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) 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.

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Macadamia Milk Market Production Analysis, Consumer Outlook and Consumption Statistics in the Duration of 2022-2032

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of macadamia milk are estimated to reach a value of USD 51.3 Mn by 2032, surging at 5.4% CAGR through the decade.

The growing public awareness of the health benefits of nuts and dried fruits has been a driving factor in market growth. Global demand for healthy and nutritious snacks has increased significantly in recent years, particularly among the younger generation and the working-class population. People are also shifting away from animal-based protein sources and toward plant-based protein sources.

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Macadamia nuts are the fruit of the macadamia tree, which belongs to the Proteaceae family’s genus macadamia. Only three species are commercially important, Macadamia ternifolia, Macadamia integrifolia, and Macadamia tetraphylla. Although macadamia nuts are Australia’s native nuts, they are now grown all over the world.

Fresh kernels of macadamia can be consumed, prepared with, or processed into a wide range of products. Salted, Roasted, honey-roasted, chocolate coated, and wasabi-flavored are all popular flavors. They are also ground into a paste to make macadamia milk and cold-pressed to produce oil, which is used in baked goods, pastries, and ice cream.

Key Takeaways from Market Study

  • Australia is the largest producer of macadamia nuts in the world. The macadamia milk market in Australia is expected to grow at a CAGR of 7.9% for the forecasted period.
  • The macadamia milk market in Germany is expected to grow at a CAGR of 4% for the forecasted period.
  • The global macadamia milk market can be classified into four distribution channels, supermarkets, online stores, convenience stores, and others.
  • The processed segment is expected to account for more than 36% of the total global Macadamia milk market in terms of value.
  • The Macadamia milk market also suffered some setbacks, as all shops, stalls, and restaurants were forced to close due to Covid-19 restrictions, where either food made from Macadamia milk or other non-dairy products were available for consumption.

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“Global consumption of macadamia milk has increased in the last decade, owing primarily to an increase in the consumption of milk extracted from nuts and dried fruits,” says a lead analyst at Future Market Insights.

Competitive Landscape

Companies have gained a competitive advantage through numerous growth strategies that include capacity expansions, mergers and acquisitions, internet presence strengthening, and new product introductions.

  • Health and Plant Protein Group Limited have announced plans to enter the rapidly growing market for plant-based food alternatives.

Some of the key players in the Macadamia Milk Market include Marquis Macadamias, Golden Macadamias, Mauna Loa Macadamia Nut Corp, Buderim Group, Kenya Nut Company, Nambucca Macnuts, Ivory Macadamias, Eastern Produce, Hamakua Macadamia Nut Company.

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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Plant-Based Ingredients Market Historical Size Value, Consumer Outlook, Risk Analysis & Key Factor in 2022-2032

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Plant Based Ingredients are estimated to reach a value of USD 42 billion by 2032, surging at 12.2% CAGR through the decade. 

As people become even more increasingly health – conscious across the world, there is a growing desire for healthier foods. 

Plant-based food firms are projected to experience development prospects over the years, despite supply chain interruptions, panic purchasing, and storage. The vegan ingredients industry has experienced an upsurge in innovation in recent years. As a substitution for vegan components, a variety of alternatives to meat-based products are being studied. The alternatives are made from plant-based proteins, algae, and cellulose flours. 

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During the pandemic’s early stages, consumers are decreasing their time in stores and supermarkets, but they are also stocking up on food and packaged products containing food additives as a possible treatment. 

Key Takeaways from Market Study 

  • North America is expected to have 38% Plant Based Ingredients market share. 
  • US holds 65 % Plant Based Ingredients market share in North American Market.  
  • Europe is expected to have 31 % Plant Based Ingredients market share. 
  • Germany holds 22 % Plant Based Ingredients market share in European Market.  
  • Asia is expected to have 20 % Plant Based Ingredients market share. 
  • China holds 32 % Plant Based Ingredients market share in Asian Market.  
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products. 

“ The growing focus on the consumption of plant based products in developed regions such as Europe and North America is likely to open lucrative opportunity for market players in the long run”, –says a lead analyst at Future Market Insights. 

Competitive Landscape 

Plant Based Ingredients have a strongly competitive global market. The agro-based enterprises which provide grains are the market’s main players  

Some of the leading companies offering Snack Pellets are  Ingredion Inc. (US), Archer-Daniels-Midland Company (US), DuPont de Nemours, Inc. (US), Cargill Inc. (US), Puris Proteins LLC (US),BI Nutraceuticals, Inc. (US), Olam International (Singapore), SunOpta Inc. (Canada), Dohler GmbH (Germany), The Scoular Company (US), Trader Joe’s, Simply Balanced, Sweet Earth Natural Foods, Lightlife are the major players in the market. 

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Future Market Insights, in its new offering, provides an unbiased analysis of the Plant Based Ingredients presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. 

The study divulges compelling insights on the Plant Based Ingredients Market By Type (Dairy substitutes, Staple food, Specialty food,  Food additives, Nutrients & supplements), By Claim (Non-GMO, GMO, Organic), By Sales Channel (Direct Sales, Specialty Stores, Modern Trade, Convenience Store,  Small Groceries, Online Retail, Other sales Channels), By Buyers Type (Food processors & Manufacturers, Household & Residential., Horeca)

By End-use Application (Food & beverages, Cosmetics & personal care, Nutraceuticals, Agricultural), & Region & Region for 2022 – 2032 and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, APEJ, and MEA). 

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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Egg Powder Market Overview on Consumer Analysis with Demand & Consumption insights & Future Scope in 2022-2032

The global egg powder market is set to witness growth at a CAGR of 4.9% and is anticipated to reach a valuation of around USD 2.6 Bn by 2032.  

Egg powder’s prospects are being bolstered by the growing health & wellness trend, owing to the fact that it is a complete protein that is diet-friendly, lactose-free, and aids in muscle regeneration. Egg powder’s lactose-free property has recently sparked curiosity as a potential replacement for dairy-based whey alternatives. 

The growth in protein powder consumption may be attributed to the rising health & wellness trend, with top market players capitalizing in on the rapid expansion of naturally high-protein foods. Leading companies in the industry are competing to grow their revenue streams by leveraging the clean label profile of egg powder. 

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Furthermore, dietary supplements and medicines have blurred the lines between where full protein powders can be used. This has resulted in new opportunity for the market players to diversify their portfolio, for food processing and pharmaceuticals. 

Key Takeaways from Market Study 

  • The market is segmented based on type, wherein whole egg powder is anticipated to account for around 40% of the market share over the forecast period. 
  • The North American egg powder market is expected to witness a lucrative growth rate of 5.0% during the forecast period. 
  • North America is inferred to account for 2/5th of the global egg powder consumption  through 2032 
  • Use of egg powder sold in food and beverages is expected to hold a market share of over 30% in the forecast period 
  • The supply chain for the egg powder market was severely hindered by the pandemic, resulting in a sales slowdown. However, with the recovery of the economy and rising consumer demand for healthy and nutritious foods, the business is expected to grow significantly. 

“Considering the ongoing trend of consuming innovative clean label products, the egg powder market is extremely likely to see a new wave of application possibilities emerge in the future years,” says a Future Market Insights analyst. 

Competitive Landscape 

Consumers’ preferences appear to be shifting towards classic and unique flavors and tastes in recent years, as a result egg powder manufacturers have adjusted their focus towards customer-centric product offerings. 

This has creates a window of opportunity for producers who are wagered to try out new varieties and develop unique products. Companies have established a roadmap to manufacture products that address consumer needs and regularly launch new in-trend products owing to innovation-driven methods. The lucrativeness of the industry is expected to steadily rise in years to come as innovation adds new dimensions to egg powder manufacturers’ capabilities. 

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Explore More Valuable Insights 

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

The study offers compelling insights based on type (whole egg, egg white and egg yolk), end use (food & beverages (bakery, confectionery, sauces & dressing and others), personal care & cosmetics, pharma, dietary supplements, animal feed & pet food, HoReCa and others), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), 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.

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Pea Milk Market Report on Regional Parent Market Overview, Consumer Analysis and Key Participant-2032

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of pea milk are estimated to reach a value of USD 238.5 Mn by 2032, surging at 10.4% CAGR through the decade.

Pea milk is made from dry peas and comes in a variety of flavors including original, unsweetened, vanilla, and chocolate. The product’s cream-like texture and healthy content than other plant-based milk are the primary reasons for consumer preference, which contributes to the growth of the pea milk market in the coming years.

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The increase in the number of vegan and diet-conscious consumers around the world is driving the growth of the pea milk industry. Furthermore, the increased concern about lactose intolerance as a result of a lack of the intestinal enzyme lactase fuels the demand for dairy-free or vegan food products. Plant-based milk products are becoming more popular in both mature and emerging markets.

This is due to an increase in the number of people who are allergic to dairy products. Furthermore, an increase in health awareness and an increase in disposable income have increased the size of the pea milk market. Furthermore, the introduction of new healthy ingredients by various market players contributes significantly to the growth of the pea milk market.

Key Takeaways from Market Study

  • The United Kingdom is one of Europe’s most promising markets for pea milk. An increasing proportion of the British population will switch to a vegan, vegetarian, or pescatarian diet by 2022.
  • The market for pea milk in the United States is expected to grow rapidly, expanding at a CAGR of nearly 8.2% between 2022 and 2032. The US market is expected to have a market share of 60%.
  • With the outbreak of the COVID-19 pandemic, consumers are re-evaluating and changing their drinking and eating habits. The market is expected to grow at a rate of 9.1% from 2022-2023.
  • PET bottles, which are primarily used in the packaging of drinking water and beverages, are becoming increasingly popular in the pea milk industry.
  • Tetra packs of pea milk are expected to account for 40% of global market demand over the next decade. Sales are being boosted by the high convenience attributed to its lightweight and durability.

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“Pea milk is quickly gaining popularity as a dairy substitute. Pea milk is also a good option for people who are allergic to other plant-based products like Pea, whey, almonds, or nuts,” says a lead analyst at Future Market Insights.

Who is Winning?

Key pea milk manufacturers are emphasizing the penetration of mainstream retail markets by introducing a diverse range of product offerings. In addition, they are focusing on forming alliances with leading players as well as acquisitions.

  • Wunda, a new pea-based beverage from Nestlé, is “epic in everything” that milk is used for.

The key players profiled in the report include Sproud, Ripple Foods, Snappea Foods, Devon Garden Foods, Qwrkee, Freedom Foods, Vly Foods, Nestle SA, The Mighty Society, and DrinkStar.

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Future Market Insights, in its new offering, provides an unbiased analysis of the pea milk presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the pea milk based on Flavor (Original, Unsweetened, Vanilla, and Chocolate), By Packaging Type (Bottles and Aseptic Cartons), By Distribution Channel (Retail Stores, Supermarkets/Hypermarkets, E-commerce, and Others), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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:
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