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As per FMI, the global coconut oil market is projected to grow from US$ 3.6 Bn in 2022 to around US$ 6.1 Bn by 2032, with overall coconut oil sales accelerating at 5.4% CAGR throughout the forecast period (2022-2032).

Rising usage of coconut oil across various end-use industries such as food & beverage, household, and cosmetics & personal care is driving demand in the global market and the trend is likely to continue during the forecast period.

The way consumers are perceiving organic products can be seen in their purchasing patterns, which are changing continuously with time. The effects of organic products on consumer health are the most influential factors for the expansion of the organic products market.

The increasing trend among the consumers for organic products has forced the manufacturers to offer products of organic nature.

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This has also benefited the manufacturers in increasing their sales and better catering to the increasing need for healthy and natural food products. The growing demand for organic products is expected to positively influence the growth of coconut oil market during the assessment period.

The producers of coconut oil have seen a positive outlook post the digital consumers’ awareness phase.

The rising penetration of both e-business and retail stores is expected to boost sales of the coconut.

Similarly, rapid growth of the foodservice industry, growing awareness about the health benefits of coconut related products, and increasing investments in research and development related to the product are expected to bolster market growth during the forecast period.

Key Takeaways from the Coconut Oil Market Study

• By product type, the virgin or extra virgin coconut oil segment is expected to grow at the highest CAGR of 6.1% during the forecast period.
• Based on nature, the organic coconut oil segment is expected to grow at a robust CAGR of 6.3% throughout the forecast period.
• North America and Europe together hold the largest share in the global coconut oil market.
• Sales of coconut oil in Philippines are projected to grow at a robust pace during the forecast period.
• India will continue to remain one of the lucrative markets for coconut oil during the forthcoming years.

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“People’s fondness for coconut oil has increased due to its various health benefits, and the market for coconut oil has seen a moderate rise in the last decade on account of its applications in personal care and cosmetics, such as hair care and skincare products’, said a lead analyst at FMI.

High Nutrient Density of Coconut Oil Expected to Drive Market Growth Over the Next Ten Years

Coconut is known to possess nutrients like potassium, sodium, magnesium, calcium, and phosphorus. These same five essential electrolytes also exist in the human body.

It is a good source of vitamins of the B and C groups. Many studies have proven that coconut has more protein content than cow’s milk.

Coconut is also perceived to contain lauric acid that is present in the mother’s milk. Lauric acid is recognized for its immune-boosting, antioxidant, anti-fungal, antibacterial, and antiviral properties.

It has less fat and is low in calories, carbohydrates, and sugars. The nutrient-rich coconut oil has sparked interest amongst the health-conscious consumer base resulting in the rising demand for coconut oil.

Who is Winning?

Some of the leading companies offering coconut oil are Adani Wilmar, Ruchi Soya Industries, Associated British Foods, Cargill Inc., Archer Daniels Midland Company, Bunge Limited, Adams Group Inc., American Vegetable Oil Inc., Phidco, SC Global, Oleo-Fats Incorporated, PT SIMP, Primex Group, Sumatera Baru, The Hallstar Company, Greenville Agro Corporation, and Others.

These leading manufacturers are focusing on increasing their sales by moving towards online retail. Besides this, they are adopting strategies such as new product launches, mergers, acquisitions, and collaborations to expand their customer base.

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Get Valuable Insights into Coconut Oil market 

Future Market Insights, in its new offering, provides an unbiased analysis of the coconut oil market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the coconut oil market based on nature (organic coconut oil and conventional coconut oil), by product type (Virgin or Extra Virgin, Refined, and Partially Hydrogenated), by end-use (food and beverages, cosmetics and personal care, pharmaceutical, household/ retail, and others), by distribution channel (business to business and business to consumer), and across seven major regions.

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.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

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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T: +1-845-579-5705

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The global mashed potatoes market is expected to be valued at US$ 2,910 Million in 2022. With the increasing from the food industry, the overall demand for mashed potatoes is projected to grow at a CAGR of 6.5% between 2022 and 2032, totaling around US$ 5,436.8 Million by 2032.

Mashed potatoes are prepared by mashing the boiled potatoes. It is one of the easiest recipe which can be prepared and also can be added with assorted variety of food recipes. In present scenario of food market, companies are offering mashed potatoes with different palates by emphasizing on trending demand of food industry.

Changing habits and lifestyle of consumers towards food and beverages has increased the demand of processed and preserved foods in market. Majority of demand of mashed potatoes is from the European and American market and to meet this rising demand of consumers, companies are offering new different varieties of mashed potatoes products.

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Market Dynamics of Mashed Potatoes Market

Factors driving the demand of mashed potatoes market is from both demand as well as from supply side.

In context to demand side, consumers demanding those food products which are convenient to eat, better taste and flavor and also can satisfy their hunger. Mashed potatoes has all such characteristics which influences the consumers to purchase.

On the other side, food manufacturers are also pushing the supply of mashed potatoes in market as ease of availability of raw material and also as a food ingredient for food industries. This drives the consumers as well as food manufacturers to add mashed products in their menu.

Some of the key trends which are currently prevailing in the mashed potatoes market as ready-to-eat food, flavored taste and widespread demand of organic and natural food in market. In addition to this, mashed potatoes are also getting popularity of because of its demand from health conscious customers. As companies are offering healthy mashed potatoes which have low sodium, free from fats.

Market Segmentation of Mashed Potatoes Market

Market of mashed potatoes is segmented on the basis of different aspects which are in perspective to form, application and distribution channel. On the basis of form it is segmented as solid and powder form and as per the application it includes as a food product and food ingredient.

Another market segment of mashed potatoes is done in accordance with the basis of distribution channel that is through hyper or super market stores, retailers and online distribution of channels.  On examining the proportion of mashed potato market in terms of market share, it is assessed that figures of market segment by application has greater weightage on pie chart.

Moreover, market segment of mashed potato is also segmented into sub-segment and further market of food product can be sub-segmented into snacks and culinary food.

Demand of processed and preserved food is increasing with tremendous growth at global level and mashed potato is also one of the product which is gaining its demand from last few years. The reason behind increasing demand of mashed potatoes is that in this product the natural quality of potatoes remains same.

In addition to this, mashed potatoes are also available in organic form which mostly attracts the consumers who are seeking for healthy lifestyle. Apart from this mashed potato product market gaining its demand due to its application in different food recipes and culinary food. Increase in consumption level of consumers has also influenced the companies to meet the needs and demands of consumers in effective manner.

Companies are offering mashed potatoes of different taste and flavors such as with spices, butter, cheese, garlic. Furthermore, mashed potatoes is also taking wide place in market shelves of hyper or super market store because of its exceptional range of varieties, packaging, application in food recipes and for many other uses.

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Regional Segment of Mashed Potatoes

On the basis of regional segment, market of mashed potatoes is segmented into seven different regions of world. This regional segment includes North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific region, Japan, Middle East and Africa. On evaluating the market segment in terms of production of mashed potatoes, results showcase that Europe is the largest producer of mash potatoes. However in terms of demand of mashed potatoes, America and European countries have majority of demand in global level market.

Major Players in Mashed Potatoes Market

Key players in market of mashed potatoes are Knorr, Idahoan, Simply Potatoes, Pineland Farms Potato Company, Hormel, Hungry Jack Potatoes, McCain, Agristo, Pomuni and Continental are some of the major market players.

The report covers exhaustive analysis on

• Mashed Potatoes Products Market Segments
• Mashed Potatoes Products Market Dynamics
• Historical Actual Market Size, 2013 – 2015
• Mashed Potatoes Products Size & Forecast 2016 to 2026
• Supply & Demand Value Chain
• Mashed Potatoes Products Current Trends/Issues/Challenges
• Competition & Companies involved
• Value Chain
• Mashed Potatoes Products Drivers and Restraints

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Key Segments Covered in the Mashed Potatoes Industry Analysis

Mashed Potatoes Market by Form:

• Solid Mashed Potatoes
• Powered Mashed Potatoes

Mashed Potatoes Market by Application:

• Mashed Potatoes as Food Products
• Snacks
• Culinary Food
• Mashed Potatoes as Food Ingredients

Mashed Potatoes Market by Distribution Channel:

• Mashed Potatoes Sales via Hyper or Super Market Stores
• Mashed Potatoes Sales via Retailers
• Mashed Potatoes Sales via Online Distribution Channels

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:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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By the end of 2022, Growth of Gluten Free Prepared Food Market is expected to be worth US$5,762.1 million. The market is anticipated to expand at a CAGR of 7.2% from 2022 to 2032, closing at a value of US$ 11,570.14 Mn. The company saw growth between 2016 and 2021 at a CAGR of 6.2%.

Gluten is a type of protein present in barley, wheat, rye and their derivatives or cross-breed variety. It is also used in baked products as a binding agent to prevent crumbling. Food with gluten is the leading cause of food intolerance for consumers suffering from celiac disease, which is an autoimmune and inherited disorder. In such cases, on consumption of gluten rich food, the small intestines get damaged and is life threatening. The only solution for such consumers is to follow a strict diet of gluten free prepared food.

The other group of users who prefer prepared gluten-free food is those suffering from wheat allergy and autistic disorders. Apart from medical reasons, some users also adopt prepared gluten free food as part of their health and fitness routine. In 2016, Mikey’s LLC, a Scottsdale-based gluten free food manufacturer launched gluten-free pizza crust.

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Gluten Free Prepared Food Market: Drivers and Restraints

The growing concern regarding food allergies and intolerance among consumers is the factor driving the gluten-free prepared food market. Prepared food manufacturers are investing in products which are tailor made to meet specific dietary requirements. The ease of availability of gluten-free prepared food through wide distribution channels such as supermarkets, grocery stores, and natural food store is expected to boost the growth of global gluten-free prepared food market. Gluten-free food products manufacturers are launching innovative products to improve the taste and nutritional value. The availability of wide variety of such products is expected to propel global gluten-free prepared food market growth.

However, the price of gluten-free prepared food is the primary barrier to adoption among non-users, which is anticipated to hamper the growth of global gluten-free prepared food market.

Gluten Free Prepared Food Market: Region Wise Outlook

The global gluten-free prepared food market can be divided into five regions, namely North America, Latin America, Europe, Asia -Pacific (APAC) and Middle East & Africa (MEA). North America accounts for more than half of the total market share in global gluten-free prepared food market. In North America, U.S. accounts for significant market share owing to growing number of consumers suffering from celiac disease and food allergies and the adoptions of gluten free food products by the consumers for health benefits.

Europe is expected to record high growth rate during the forecast period. The increasing number of children and adults affected by obesity and rising awareness of healthy lifestyle is expected to drive gluten free prepared food market in the region. APAC is anticipated to hold significant share at higher growth rate during the forecast period. This is attributed to increasing disposable income, population and rapid growth of allergen friendly food market in the region. The growing awareness of allergen friendly food among consumers in Latin America and MEA is anticipated to project moderate CAGRs in these regions during the forecast period.

Gluten Free Prepared Food Market: Key Players

Some of the key players in the global gluten-free prepared food market are as follows:

Ener-G Foods, Inc.
General Mills Inc.
Enjoy Life Foods
Udi’s Healthy Foods, LLC
B&G Foods, Inc
Dr. Schär AG / SPA
Mrs Crimble’s
Hain Celestial
Genius Foods

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Freedom Nutritional Products Limited

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 geography, technology, and applications.

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.

Gluten Free Prepared Food Market: Segmentation

On the basis of product type, the global gluten-free prepared food market can be segmented as follows:-

Bakery Products
Pasta
Ready to Eat Products
Bread and Rolls
On the basis of distribution channel, the global gluten- free prepared food market can be segmented as follows:-

Grocery Store
Supermarkets and Hypermarkets
Health or Natural Food Store
Drug Store

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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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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By the end of 2022, the iced tea market is anticipated to be worth US$ 6,100 Million and it is anticipated to grow at a value CAGR of 6.4% from 2022 to 2032. By 2032, Future Market Insights projects that the industry will be worth US$11,386.2 million.

After water, tea is the most consumed drink globally. It’s a universal drink that does not have a specific time for consumption. While it can be consumed at home, it can also be served in an event. Tea consumption started in ancient times in China. It’s prepared by adding hot water in cured leaves of Camellia sinensis.

Tea can be consumed either in its iced or hot form, depending on how the consumers want it. In its hot form, milk is often added with sugar to enhance its taste while in iced form, sugar or honey enriches its taste with an infusion of a variety of flavors such as lemon, peach, and cheery. Iced tea is consumed as an alternative to carbonated drinks.

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In summer, chilled drinks are the most consumed beverages, so for this reason, there will be a surge in demand for the iced tea drink during the period, and in turn, the global iced tea market will witness significant growth. Also, the rise in the health-conscious population is a major factor expected to accelerate the growth of the iced tea market over the forecast period. Besides, the growing popularity of iced tea as a beverage is expected to propel the growth of the market. Other factors, such as an increase in demand for low-calorie products and consumers’ shift towards the consumption of natural products, are factors slated to fuel the global iced tea market’s growth during the forecast period.

Iced Tea Market Growth Driven by Consumers’ Growing Demand for Healthy Products

There are many health benefits associated with the consumption of iced tea. Some of them include; it acts as an antioxidant, helps in the prevention of cancer, and also in weight reduction. Due to these, consumers are increasing their demand for iced tea, and this will amount to an acceleration in the growth of the global iced tea. In addition to the health benefits, iced tea also helps in the maintenance of the hydrated levels of the body.

Furthermore, the rise in disposable income coupled with consumers’ changing lifestyles are factors driving the market, and this is expected to continue over the forecast period. Consumers’ demand for convenience food is on the rise as individuals are now involved in a hectic lifestyle. This will foster the growth of the global iced drink since iced tea is a category of the convenience food item.

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Iced Tea Market Restraint

The use of artificial sweeteners in iced tea to enhance the taste of the tea may hamper the growth of the market as too much sugar has an adverse effect on consumers’ health. Reports from health experts revealed that the sugar level in food products might aggravate the increase in cholesterol and sugar levels in the blood. Iced tea containing a high amount of sugar or sugar syrup may restrain the growth of the global iced tea.
Iced Tea Market: Region-wise Analysis
Europe and North America are expected to dominate the global iced tea market in terms of market volume and total revenue over the forecast period due to the rise in demand for convenience food among consumers within the regions. The Asia Pacific is slated to register moderate growth over the foreseeable period.

Iced Tea Market: Competitive Analysis

• Arizona, BOS Brands (Pty)
• 4C Foods Corp.
• Nestea
• Harris Freeman
• Unilever
• Mother Parkers Tea & Coffee Inc.
• Sweetbird
• Templar Food Products
Region-wise Analysis
• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights
The research report presents a comprehensive assessment of the market. It contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data and projections with suitable assumptions and methodology. The research report provides analysis and information by categories such as market segments, geographies, types, technology, and applications.

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 an 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.

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:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

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In 2022, it’s expected that the market for glucose oxidase will be worth US$6543.7621 million. A huge development opportunity exists in this market as a result of rising demand from various sectors. Thus, it is anticipated that by 2023, this market will have a market value of US$ 12043.46827 million. This market is anticipated to expand at a CAGR of 6.4% from 2022 to 2032, up from 6.3% previously (2017-2021).

Glucose oxidase is an enzyme mainly produced from Aspergillus and Penicillium that acts as a catalyzing agent for the oxidation of glucose. Its applications are multifarious however, it is mainly utilized in the food & beverages and healthcare sector.

Contrary to popular belief, enzymes are not only used in the healthcare and food & beverage sector. Industrial sector has welcomed the use of enzymes in various applications as well. Unbeknownst to most, enzymes are utilized by us in some or the other form. Enzymes are used widely in the paper and pulp, textiles, food & beverage industry. The application of enzymes was not as popular before. However, with further study in amino acid patterns, it was possible to isolate enzymes to be used in various applications. Enzymatic processes provide a substitute for chemical reactions. One of the most widely used enzymes is Glucose oxidase.

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Glucose oxidase Market- Market Dynamics:

Glucose oxidase is used in biosensors which makes glucose measurement fast, easy and cheap. This ia widely used I diagnostics. Glucose oxidase also exhibits anti-bacterial properties in the presence of glucose by the production of hydrogen peroxide. This property is utilized in the production of oral care products. Glucose oxidase acts as an anti-microbial agent in the said products. With the significant rise in the CAGR of the global healthcare industry, we can expect to see a healthy CAGR for the glucose oxidase market throughout our forecasted period of 2016-2026.

Glucose oxidase is also used in the food and beverages industry to check the glucose levels of raw food products during the process of fermentation. Glucose oxidase is also used as a food preservative due to its oxidizing properties. This helps prolong the shelf life of the product. With the addition of glucose oxidase in the processing of food products, chemicals have been discarded from the process. Glucose oxidase is also used in the removal of oxygen at the upper level of beverage bottles before sealing.

Glucose oxidase is widely utilized in wine making to reduce the alcohol content of the wine by catalyzing the oxidation of glucose. With rising disposable incomes, food and beverages sector is bound to witness a significant rise n CAGR. By that token, we will find the glucose oxidase market witnessing a heathy CAGR throughout our forecasted period of 2016-2026. Glucose oxidase is also used in the process of packaging food products. It is used to remove the oxygen in the package before sealing.

Glucose oxidase Market- Regional Outlook:

In terms of geography, the glucose oxidase market has been divided in to five key regions; North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The glucose oxidase market is expected to exhibit an above average CAGR during the forecast period. Asia Pacific region is expected to witness a high demand for glucose oxidase over the forecasted period. Highest growth is expected to be seen specifically from India and China. Significant growth will also be witness in Middle East and Africa, Eastern Europe and Latin America.

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Glucose oxidase Market- Major Players:

Some of the key players in the glucose oxidase market are Sigma-Aldrich Co. LLC, BBI Solutions, Parchem fine & specialty chemicals, Lee BioSolutions, MP Biomedicals, LLC, Innova Biosciences Ltd, Fischer Scientific International, Inc., Thomas Scientific, Roche Diagnostics, Nanning Doing-Higher Bio-Tech Co., Ltd.

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 done using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type, machine size and end use.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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.

Glucose oxidase Market- Market Segmentation:

Based on the Source, the Glucose oxidase market is segmented into:

• Fungi
• Bacteria
• Insects
• Plant

Based on end use, the Glucose oxidase market is segmented into:

• Food and Beverages
• Healthcare
• packaging

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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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

The market for gourmet salts worldwide is predicted to increase at a CAGR of 7.3% over the course of the projected period. It is projected to increase in value from US$ 237.3 Mn in 2022 to US$ 480.06 Mn by 2032.

Gourmet salts are unrefined, top quality salts obtained from a natural source with a low sodium content. This salt is used in cuisine to enhance taste of food and also make the food appealing. Gourmet salt is also used to enhance texture and flavor of food items. When gourmet salts are mixed with a variety of substances like herbs, spices and flavor, there is always a change in color and flavor of the food respectively. Properties such as high mineral content and high solubility are what gives gourmet salts edge over the normal table salt.

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Gourmet salts are also used in a variety of end-user sectors such as bakery, confectionery, savory, poultry and seafood. They are used in the preservation of food items especially the canned food items in order to extend the shelf life. One of the most widely used gourmet self is Fleur de sel and its used in a variety of food products such as vegetable dishes, roasted meat, salads and others. The gourmet salts market is expected to grow exponentially during the forecast period owing to the rise in demand for high quality food items. Besides, increasing application in several end user sectors is another major factor fostering the growth of the industry over the forecast period.

Gourmet Salts Market Growth Driven by Increasing Demand from Food Industry

The United States food industry has adopted gourmet salts after considering the demand for gourmet cuisine. This is because of the high quality of gourmet salts in the State, and this is, in turn, influencing the rising demand for gourmet salts. Furthermore, globalization is another strong force influencing the growth of the global gourmet salts market because of the westernization in emerging countries like Italy and French restaurants. Besides, the market for gourmet flavored salts, which is made from natural ingredients, is also on the rise. Consumers’ rising demand for gourmet salts is a strong force slated to create a surge in demand for gourmet salts from the food industry. And this is expected to trigger the growth of the global gourmet salt market during the forecast period and aftermath.

Increasing Awareness Regarding Health Benefits of Natural Products

Natural food products have many health benefits associated with their consumption. They are sources of therapeutic agents that are very important in the production of drugs needed for the treatment of diseases. Since gourmet salts are natural products, the global gourmet salts market is expected to grow significantly over the forecast period.

Gourmet Salts Market Restraints

Major factors such as lack of awareness among consumers and the hike in price of gourmet salts products are slated to hamper the growth of the global gourmet salts market over the forecast period.

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Gourmet Salts Market: Region-wise Analysis

Europe is expected to be the largest market for the global gourmet salts market in terms of total market revenue. Other regions such as North America, the Asia Pacific, Middle East, and Africa are subsequently slated to witness significant growth over the forecast period. However, North America is anticipated to be the fastest-growing region due to the rising disposable income of consumers in developed countries like Canada and the United States, which will influence the buying pattern of gourmet salts products.

Gourmet Salts Market: Competitive Landscape

Cargill, Alaska Pure
Sea Salt Co.
Amagansett Sea Salt Co.
Kalahari Pristine Salt Worx,
Morton Salt amongst others.
Region-wise Analysis

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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 an 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

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Global Gourmet Salts Market Segment Analysis

The global gourmet salts market can be segmented on the following basis:

By Type

Sel Gris
Flakey Salt
Himalayan Salt
Fleur de sel
Speciality Salt
Others

By Application

Bakery and Confectionery
Meat & Poultry
Seafood
Savories and Sauces
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.

Contact:

Future Market Insights Inc.

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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According to FMI, the global lactose-free cheese market size is expected to reach a valuation of US$ 676.3 Mn by the end of 2022. The market is set to accelerate at a CAGR of 8.4% during 2022-2032. It is anticipated to be valued at US$ 1,515.1 Mn in 2032.

FMI further states that around 35% of the global population was lactose intolerant, and 28% had dairy sensitivity or allergy in 2020. These figures are expected to grow at a fast pace in the evaluation period. It is further projected to result in consumers opting for lactose-free, dairy-free, and plant-based food products, including plant-based protein. This has boosted the demand and consumption of lactose-free cheese around the globe.

Various cultures across the globe have different perspectives on the treatment of animals, including scientific, naturalistic, and moralistic. Ethical attitudes are connected to concerns about livestock welfare, but to some extent, animal well-being would feature in humanistic attitudes towards companion animals. These concerns, as mentioned above, are expected to help propel an inclination toward vegan products. Hence, varying cultures are driving growth in the vegan and lactose-free cheese market as a whole.

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Key Takeaways from Lactose-free Cheese Market Study
• North America lactose-free cheese market is expected to register 6.8% CAGR between 2022 and 2032.
• Japan lactose-free cheese market is estimated to grow at 8.6% CAGR between 2022 and 2032.
• India lactose-free cheese market is projected to exhibit growth at 9.7% CAGR between 2022 and 2032.
• Top 3 countries in the global lactose-free cheese market are projected to together account for nearly 33.8% of share by 2032.
• During the historical period of 2016 to 2021, the global lactose-free cheese market exhibited a steady growth at a CAGR of 7.0%.

“For lactose intolerant people, it is nowadays not necessary to completely avoid the indulgence and nutritional value of dairy products. It is further altering the environment for dairy producers across the globe, as they are trying to keep up with changing consumer views. They are further investing in the development of innovative products to cater to the surging demand, which would push the global lactose-free cheese market,” says a lead analyst at FMI.
Key Lactose-free Cheese Manufactures Are Adopting Business to Consumer Models

The importance of business to consumer (B2C) models is increasing at a rapid pace in the food and beverage industry, which would further allow producers to get exclusive insights into consumer behavior. When implemented well, this model allows for higher margins to producers. Additionally, growth in B2C has been driven by the fact that buyers are demanding a better experience and customized service.

The B2C model would allow companies to build a direct relationship with the consumer that would not be otherwise possible through other distribution channels. The specialty stores and online retailing segment are helping manufacturers to identify various new upcoming trends and improvise the product according to the consumers’ demand.

Competitive Landscape: Lactose-free Cheese Market

Some of the leading companies offering lactose-free cheese are Alpro UK Ltd., Amy’s Kitchen, Inc., Arla Foods Amba, Barry Callebaut AG, Cargill, Inc., Chr. Hansen Holdings A/S, Daiya Foods, Inc., Dean Foods Company, Edlong Dairy Technologies, Emmi AG, Fonterra Co-operative Group Ltd., Galaxy Nutritional Foods, Inc., General Mills, Inc., Green Valley Organics, HP Hood LLC, Land O’Lakes, Inc., Murray Goulburn Co-operative Co. Limited (Devondale Murray Goulburn), Tine AS, WhiteWave Foods Company, and others.

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Get More Valuable Insights on Lactose-free Cheese Market

Future Market Insights, in its new offering, provides an unbiased analysis of the lactose-free cheese market presenting historical demand data (2016-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the lactose-free cheese market based on product type (blue cheese, brick cheese, camembert cheese, cheddar cheese, cottage cheese, cream cheese, mozzarella cheese, Romano cheese, Swiss cheese), form (cheese blocks, triangle, rectangle, circle, square, cheese slice, cheese spread, and cheese spray), and distribution channel (B2B and B2C [hypermarkets/supermarkets, convenience stores, specialty stores, traditional groceries, and online retailers]) across seven major regions.

Lactose-free Cheese Market Outlook by Category

By Product Type:

Blue Cheese
Brick Cheese
Camembert Cheese
Cheddar Cheese
Cottage Cheese
Cream Cheese
Mozzarella Cheese
Romano Cheese
Swiss Cheese

By Form:
Cheese Blocks
Triangle
Rectangle
Circle
Square
Cheese Slice
Cheese Spread
Cheese Spray

By Distribution Channel:
B2B
B2C
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Traditional Groceries
Online Retailers

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Frequently Asked Questions

How big is the lactose-free cheese market?
What is the North America lactose-free cheese market outlook?
At what rate will the lactose-free cheese market grow in Europe?
At what rate will the lactose-free cheese market grow in Japan?
At what rate will the lactose-free cheese market grow in India?

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:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs