Market Research Blog – Page 9491 – New Product Development

Aluminium Chloride Market to Receive Overwhelming Hike USD 1,317.6 Million in Revenues by 2032

Worldwide Aluminium Chloride Market demand is expected to US$ 873.2 million in 2022, projected growth at a CAGR of 4.2% , valued in US$ 1,317.6 million between 2022 and 2032. The growth is attributed to increasing industrialization worldwide.

Aluminium Chloride is available in crystal form as well as powdered form in white color. It is one of the major compounds of aluminium and chlorine. Some of the key applications of aluminium chloride include waste water treatment, inks, metal precipitation, and food among others. Further, it is used as a catalyst for Friedel-Crafts reaction in organic synthesis and also for cracking of oil.

Moreover, it is also deployed in manufacturing of various petrochemicals which include ethyl benzene, ethyl chloride, and alkylbenzene and alkyl aryl ketone. Moreover, it also finds application as a key ingredient in polymerization reaction of various hydrocarbons.

Depending on the state (gas, liquid, solid) and on the operating temperature, aluminium chloride exhibits different structures such as cubic layered, octahedral geometry and trigonal planar. Aluminium chloride can be produced by various methods which include exothermic reaction of chlorine & metal, displacement reaction between metal and copper chloride & others.

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Global Aluminium Chloride Market: Dynamics

Upswing in industrialization is expected to in turn augment the demand for waste water treatment solutions so as to reduce pollution levels. Waste water treatment being one of the major application areas for aluminium chloride, demand for aluminium chloride is expected to in turn witness a steady growth during forecast period.

Increasing demand for aluminium metal powder from various industries is the major factor that is expected to propel the demand for aluminium chloride during forecast period. The increasing production of pigments and dye-stuffs especially in countries in Asia Pacific region is expected to drive growth of global aluminium chloride market during forecast period.

Moreover, growth of pharmaceuticals and personal care industry is another factor that is expected to in turn fuel the demand for aluminium chloride, thus driving growth of global aluminium chloride market over forecast period.

Global Aluminium Chloride Market: Region-wise Outlook

The global aluminium chloride market is divided into seven key regions namely North America, Latin America, Asia-Pacific, Western Europe, Eastern Europe, Japan and Middle East & Africa. Asia-Pacific is anticipated to dominate the global aluminium chloride market during forecast period.

North America and Western Europe regions are expected to witness a steady growth in consumption of aluminium chloride over the forecast period primarily due to increasing demand waste water treatment application.

Global Aluminium Chloride Market: Key Players

The key players involved in the manufacturing of aluminium chloride include

GFS Chemicals
Gulbrandsen
Cellmark AB
Skyhawk Chemicals
Southern Ionics
Tokyo Kasei Kogyo Co. Ltd.
Kemira kemi AB
GEO Specialty Chemicals, Inc.
Noah Technologies Corporation.

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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, production methods, end-use industries and applications.

Global Aluminium Chloride Market: Segmentation

The global aluminium chloride market can be segmented on the basis of production method, application and end-use industries.

On the basis of production method, global aluminium chloride market can be segmented into

Chlorination of aluminium
Crystallization of anhydrous aluminium chloride from solution of HCL
Reaction of bauxite with coke and chlorine

On the basis of application, aluminium chloride market can be segmented into

Waste water treatment
Inks
Synthetic rubber
Lubricants
Wood Preservatives
Others

On the basis of end-use industries, global aluminium chloride market can be segmented into

Chemicals
Pharmaceuticals
Agrochemicals
Metal Production
Pulp & Paper
Others

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

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

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

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Egg Replacer Market Statistical Study, Consumer Analysis, Porter’s Analysis with Consumer Insights-2022-2032

Egg Replacement Market Will Top US$ 1.5 Bn by 2032 As Demand for Vegan Alternatives Bolsters According to the recent FMI report, the sales for egg replacers are expected to rising at a CAGR of around 5.4% through the end of 2032.

Food preferences have shifted considerably around the world in the last decade. Vegan food is becoming more popular as health problems related to meat-based foods are becoming more prevalent in various countries.

Taking cues, manufacturers are launching egg replacement products with similar nutritional benefits across plant-based food chains. In addition to supply chain issues such as tainted eggs, the egg market is becoming more fragile, prompting customers to switch to egg substitutes.

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Contaminated egg cases like traces of a pesticide called fipronil can be found in eggs that are used in food chains and the food processing industry, which is limiting sales of eggs. Fipronil is prohibited in the preparation of food products as it is hazardous to human health if consumed in large quantities. This factor is expected to fuel the adoption and sales of egg substitutes over the forecast period.

“Rising demand for functional food ingredients is anticipated to boost sales of egg replacement products among the vegan population. In addition to this, growing demand for vegan alternatives across the globe will widen the scope of adoption of egg replacers in the forthcoming years,” says an FMI analyst.

Key Takeaways:

Based on form, sales of dry egg replacers will continue gaining traction through 2032.
In terms of ingredients, incorporation of dairy proteins in egg replacers will remain high.
By applications, demand in the baking and confectionery segment is anticipated to increase at a considerable pace.
The North America egg replacer market is expected hold 48.2% of the total market share by 2032.

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Competition Landscape

Some of the leading companies offering egg replacers are Corbion NV, Tate & Lyle Plc., Glanbia plc., Ingredion Incorporated, MGP Ingredients, Ener-G Foods, Inc., Dupont De Nemours and Company, Fiberstar, Puratos, and Danone Nutricia.

Key players operating in the global egg replacer market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production. For instance:

Zero Egg, an egg replacement producer, raised $5 million in a Series A fundraising round headed by Powerplant Ventures in November 2020. Zero Egg’s plant-based product is made from a blend of plant proteins and is aimed for foodservice and food makers. It is said to taste, look, and operate like an average egg.

Get Valuable Insights into Egg Replacer Market

FMI, in its new offering, provides an unbiased analysis of egg replacer presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for egg replacer based on form (dry and liquid), ingredient (dairy proteins, starch, algal flour, and soy-based products), application (biscuits, chocolates, cakes, dressings & spreads, mayonnaise, pasta, noodles, and breads), across seven major regions.

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2-EH Market Size To Reach USD 12 Billion By 2032 | New Opportunities Planning By Future Market Insights

The 2-EH market is expected to exhibit a CAGR of 6.7% from 2022 to 2032. Throughout the projection period, the 2-EH market share is poised to reach a total revenue of US$ 12 Billion by 2032 by improving from the current valuation of US$ 6.3 Billion in the year 2022.

Massive amounts of 2-EH are produced across the globe which is utilized in the manufacturing of several types of plasticizers, such as phthalate and non-phthalate plasticizers. Among such types of plasticizers, phthalates are basically phthalic acids, and they are utilized in a wide range of end-use industries owing to their processing and performance characteristics.

During the upcoming years, FMI has anticipated that demand for 2-EH is expected to be significantly higher in several industries including automotive, construction, and remodeling along with original equipment manufacturers (OEMs).

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Key Takeaways

A prevalent rise is seen in the construction and paints & coating landscape which is expected to uphold the 2-EH market during the forecast period. Being one of the most commonly used chemicals, the 2-EH chemical is widely utilized in the manufacturing of an array of other industry-grade chemical components such as acrylate, plasticizers, and nitrate. These components are diversely applicable in several industrial landscapes including automotive, construction, plastic, pharmaceuticals, and rubber.
The growing automotive industry is gaining rapid traction in the 2-EH market. In addition to that, the paints and coatings industry is widely excelling as their application in the automotive industry is contributing to the rise in consumption of 2-ethyl hexanol across this industry.
Most of the stakeholders are concentrating on propelling their investment base in these end-use applications, which is resulting in surging growth of the construction and paints & coatings industries. These factors are expected to influence vital trends in the global 2-ethyl hexanol market in the coming years.
A significant rise in disposable incomes of consumers in developing countries such as the Asia Pacific region is responsible for triggering a plethora of construction activities and infrastructure development across these geographies. Among some of the most crucial raw materials of different construction materials, the demand for 2-ethyl hexanol is expected to remain high in the construction industry.
Phthalates account for more than half of the global consumption of plasticizers which has been noticed by the leading players in the 2-EH market. Additionally, they are aiming to capitalize on the growing sales of 2-EH in the phthalates industry.

Competitive Landscape

Just like any fragmented market, small and medium-sized businesses are predicted to face competition in the market. Prominent market leaders are focusing on catering to various end-use industries including building & construction, paints & coatings, marine, and transportation, in order to gain momentum in this landscape.

The rising presence of regional players along with global leaders in the 2-EH market is expected to dominate the market fragmentation across the forthcoming years. Key players are likely to focus on offering 2-ethyl hexanol for commercial construction and low-cost housing projects in the Asia Pacific to gain momentum in the region.

Small and regional players are gradually establishing a stronghold in the global landscape while leading market players are leveraging their large distribution networks to expand their customer bases.

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Key Companies Profiled

The Dow Chemical Company
Eastman Chemical Company
Azotowe KATMdzierzyn
Others

Key Segments In the 2-EH Market

By Type:

Sapphire
Ruby
Emery

By Application:

Plasticizers
Non-phthalate
Phthalate
2-EH nitrate
2-EH acrylate
Others

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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More Insights into the 2-EH Market

The Asia Pacific region is expected to dominate the global 2-EH market due to the growth of the 2-ethyl hexanol market wherein China is poised to remain the leading country by accounting for nearly half the revenue share of the 2-EH market in the Asia Pacific.

China is anticipated to emerge as the top market for 2-EH since several governing bodies in the country are working on boosting the infrastructures across various sectors. In addition to that, China is also expected to lead automotive production, opening new growth opportunities for the manufacturers.

North America is the second largest market contributing around 13.7% to the overall revenue share of 2-EH. North America is expected to have a massive expansion due to the immigration growth driving up demand for homes, residences, and vehicles.

Europe is expected to showcase lucrative growth opportunities in the projection period, as European coating firms have been motivated to create multifunctional and sustainable solutions while also providing value-added services to their clients by the regulatory environment and end-user desires. Across the forecast duration, this trend is expected to accelerate in the favor of the 2-EH market.

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Grain Alcohol Market Recent Increase in Demand Product Life Cycle Analysis, Consumer Outlook, Regulatory Landscape with -2032

Grain Alcohol Market will Surpass US$ 15.6 Bn through 2022 & Beyond as Application in Beverage Industry Rises According to Future Market Insights (FMI), the global grain alcohol market is expected to witness growth at a CAGR of 4.2%, surpassing US$ 22.2 Bn during the forecast period (2022-2032).

Distilling fermented grain yields grain alcohol and it’s made from a fermented blend of corn, sugar, yeast, and water. However, in addition to corn, other grains such as wheat and rye are used by the manufacturers. Grain alcohol is produced by fermenting carbohydrates in the grain with yeast. The ethanol is then distilled several times to make grain alcohol.

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Application of grain alcohol is rising due to changing lifestyles and rising middle-class population and disposable budgets. These undeveloped markets offer a large supply of low-cost labor, cutting-edge technology, and relatively lax rules on the usage of food-grade alcohol.

Sugarcane, cereals, corn, and other fruits and vegetables are abundant natural sources of grain alcohol, especially in African, Asian, and Latin American countries.

Key Takeaways from Market Study

The grain alcohol market is expected to expand at CAGR of 4.2% over the forecast period.
Among the source, corn is dominating the segment holding around 41.6% of the revenue and it is expected to grow with CAGR of 2.6% over the forecasted period.
Among the functionality segment, disinfectant segment is expected to dominate the application segment holding more than 31.2% revenue share and it is expected to grow with around 2.3% CAGR over the forecast period.
Ethanol is dominating the type segment holding around 46.7% in 2022 and it is expected to grow with CAGR of 3.7% over the forecasted period.

“Grain alcohol sales are expected to increase across the globe due to varied application like disinfectant, personal care products, health care, and beverages. Hence, manufacturers are focusing on developing attractive products to cater to the growing demand.” says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of grain alcohol market are majorly focusing on research & development in order to develop innovative and unique product offering. In addition to this these key players in the grain alcohol market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and also to increase the existing production capacity.

In January 2021 MGP Ingredients, Inc. signed a definitive agreement to buy Luxco and its subsidiary firms. Luxco is a renowned branded beverage and alcoholic beverage firm with an extensive product portfolio. MGP Ingredients plans to expand its scale and market position in the branded-spirits sector as a result of the Luxco purchase.

Explore More Valuable Insights

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

The study offers compelling insights based on source (Corn, Fermented plant materials, Grains, Grapes, Sugarcane, Sugar beets, Tubers), by Application (Beverage, Food, Pharmaceutical, Health Care and Personal Care), by Functionality (Preservative, Solvent, Disinfectant, Antiseptic) by Type (Ethanol and Polyols) across seven major regions of the world.

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Gelatin Market Sales Overview, Driving Factors with Consumer Analysis, Strategy Overview and Opportunity Map Analysis-2032

The global gelatin market is set to observe growth at a CAGR of 5.8%, exceeding US$ 5,278.4 Mn by 2032. Water as well as aqueous polyhydric alcohols are almost solely used as solvents in gelatin compositions for confectionery and dessert food products. Gelatin’s protective colloid feature inhibits ice and sugar crystallization in milk products and frozen meals.

Increasing application of gelatin due to its viscosity qualities will propel the demand in the food & beverage industry. Gelatin prevents water separation in sour cream or cottage cheese, and is used in marshmallows to prevent sugar crystallization.

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It also maintains soft and flexible nature of marshmallow , enhancing the viscosity and stabilizing foam during the manufacturing process. According to the study, gelatin can be found in up to 1% of chewable tablets, crackers, and candy coatings.

Hence, the use of gelatin in the production of soft, chewy candies will increase the sales in the global gelatin market. Further, for reduced-fat margarine products, gelatin is used as an emulsifier and extender.

However, in the U.S., edible gelatin is most commonly used to make gelatin desserts at concentrations of 1.5–2.5%. Hence, gelatin is available pre-mixed with sugar and flavorings or unflavored gelatin packets for this purpose. As per FMI, type A gelatin is the most common type of edible gelatin, thereby, fueling the use in food & beverage industry.

Key Takeaways from Market Study

The gelatin market is estimated to expand at CAGRs of 5.8% over the forecast period
Europe gelatin market is expected to hold around 27% of value share in 2022.
Among the type segment of the gelatin market, type B will witness significant growth during the assessment period
North America is expected to dominate the gelatin market and is anticipated to grow with a CAGR of 5.2% over the forecasted period.
Porcine source is leading source segment, whereas food and beverages is leading end-use application segment.

Competitive Landscape.

Sterling Biotech Limited, Gelita AG, Darling Ingredients Inc., India Gelatine & Chemicals, Nitta Gelatin Inc., Tessenderlo Group, Sterling Gelatin, PB Gelatins GmbH, Junca Gelatines S.L, Trobas Gelatine BV, Weishardt Holding San are key players in gelatin market

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Gelatin Market by Category

By Type:

Type A
Type B

By Nature:

Conventional
Organic

By End-Use Application:

Protein Bars and Powder
- Food & Beverage
- Confectionery
- Dairy Products
- Meat & Poultry Products
- Desserts
- Beverage
- Others
Personal Care
Pharmaceutical
Nutraceutical
Photography
Others

By Source:

Bovine
Porcine
Chicken
Marine

By Functionality:

Stabilizer
Thickener
Gelling Agent

By Region:

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

Key Questions Answered in the Report

How big is the Gelatin Market?
What is the North America Gelatin Market Outlook?
At What Rate Will Gelatin Demand Grow in Europe?
Which Are the Key Countries Shaping the Gelatin Market?

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Galactose Market Sales Reports, Consumer Analysis, Investment Feasibility Matrix with Opportunity Map Analysis by 2031

The global galactose market topped US$ 26.1 Bn in 2021. As per Future Market Insights (FMI), the overall market value is expected to surpass US$ 45.1 Bn by 2031.

Changes in consumers’ eating habits, along with increasing consumption of ready-to-eat meals due to hectic lifestyle and busy schedules are some trends driving sales of galactose in the food and beverage industry.

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Owing to high demand, manufactures operating in the packaged food sector are incorporating galactose as an alternative to chemically processed sugar. In addition to this, expansion of the vegan population, and high focus on wellness-based products will continue fueling sales of galactose over the forecast period.

Rising awareness regarding usage of artificial and synthetic sugar in food and beverages spurring demand for galactose. Consumption of synthetic sugar results in health disorders such as high blood pressure, excessive weight gain, and increased risk of heart related disorders. In response to this, manufacturers are investing in research and development activities to launch plant-derived galactose in the market.

In addition to this, increasing demand for galactose from the personal care industry is anticipated to bode well for the market. Galactose is an exfoliant, which removed dead cells, minimizes pores, and doesn’t increase sun exposure, making it a vital ingredient in skincare products. This trend is anticipated to continue over the forecast period, resulting in high demand for galactose.

Key Takeaways:

Crystal type of galactose is estimated to hold over half of the market in 2031.
Based on product type, D-Galactose is expected to account for lion’s share of the total galactose sales in 2021.
In terms of source, plant-derived sugar is anticipated to command the galactose market share.
Sales of galactose in India are projected to rise at a robust 8.1% CAGR over the forecast period.
The U.S. is estimated to account for more than 81% of the North America market in 2021.

The U.K. is projected to dominate the Europe galactose market with a market share of 14.8% in 2021.

Galactose Application in Personal Care Industry Creating Opportunities for Market Growth

Galactose has many anti-inflammatory and probiotic properties. These properties make it ideal for inclusion in exfoliating and nourishing skincare products. Galactose belongs to the PHA family of chemical exfoliants, which is a new generation of well-known AHAs and BHAs.

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PHAs mildly exfoliate the skin, making them suitable for usage on all skin types.

It can help minimise the appearance of dark spots and hyperpigmentation, and unlike other chemical acids like AHAs, it doesn’t increase sun exposure. All these factors are leading to a higher application of galactose in the personal care industry.

Competitive Landscape

Some of the leading companies offering galactose are Thermo Fisher Scientific Inc., Merck KGaA, Kyowa Hakko Kirin Co., Ltd., Kyowa Hakko Kirin Co., Ltd., Suven Life Sciences Ltd., Nacalai Tesque Inc., Cayman Chemical Company, Inc., Anhui HeGeng Biotech Engineering Co., LTD., Tereos Starch & Sweeteners s.a.s, Cambridge Isotope Laboratories, Inc., and others.

Key players operating in the global galactose market are focusing on reaching a large consumer base by targeting emerging countries such as China, India, and Brazil. As a part of their growth strategies, players are investing in research and development to launch innovative plant-derived galactose products. Besides this, mergers, acquisitions, and strategic collaborations are expected to aid market players in expanding their global footprint over the forecast period. For instance:

In March 2018, Kyowa Kirin Asia Pacific Pte. Ltd. announced the establishment of its Australian subsidiary, known as Kyowa Kirin Australia Pty. Ltd. With this establishment, the company aims to launch Kyowa Hakko Kirin’s products in the country.

Market Segments Covered in Galactose Industry Analysis

By Source:

Plant Derived Sugar
Synthetic Sugar

By Product Type:

D-Galactose
L-Galactose

By Form:

Powder
Liquid
Crystal

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By End-Use:

Food
- Bakery Goods
- Sweet Spreads
- Confectionary
- Dairy Products
- Canned Food
Beverage
- Carbonated Drinks
- Fruit Drink and Juice
- Powdered Drinks and Mixers
- Alcoholic Beverages
Pharmaceuticals
Personal Care
Biofuel Industry
Animal Feed Industry

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Proline Market Overview on Recent Developments, Sales & Future Plans with Forthcoming Improvements-2032

The global proline market size is expected to reach US$559.30 million in 2032. The market for proline is growing rapidly. According to FMI Analysts, the global proline market is valued at US$462.50 million in 2022 and is projected to grow at a CAGR of 6.54% in the forecast period 2022 to 2032.

Proline is a type of amino acid, widely found in every kind of mammalian tissue. It accounts for around 25% of overall amino acids that constitute collagen. Functions include improvement of antioxidant status, nutrient absorption, and gut health, supporting the immune system, protecting the cardiovascular system, and improving the metabolism, among more.
increased demand for Proline.

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Technological developments such as modern production technology coupled with large scale production of Proline are making it reasonably priced thus contributing towards strong growth of the market. However, price instability of raw materials and the fluctuating regulations in different regions is expected to damage the growth rate of the market somewhat. Also, development of alternatives of Proline is expected to hamper the market growth.

Proline Market: Key Developments

In August 2017, Ajinomoto, a leading manufacturer of amino acids, entered into an agreement to authorize the manufacturing of amino acids for the animal feed applications to Meihua Holdings Group, a Chinese amino acids manufacturer.

Pharmaceuticals Dominating the Growth Rate of the Proline Market

Even if there at present isn’t a standard norm used for identifying proline deficiency, individuals can benefit from consuming more of the amino acids.
The use of proline in animal feed is increasing rapidly and is expected to be the dominant segment over the next few years.

With a growing population and modern lifestyle of the consumers, consumption of proline in food and feed applications is expected to increase prominently over the forecast period.
Supported by athletes who are indulged in prolonged workouts experience decrease in proline levels; an increase in proline supplements is witnessed in the past few years.
Moreover, the applications of proline on supporting skin health has been the most well studied in the last few years; the pharmaceutical segment is expected to witness the fastest growth over the forecast period. The rising prevalence of proline in pharmaceutical applications to provide solutions for heart diseases is expected to take the market to new heights.

Proline Market: Regional Analysis

In the Asia Pacific, manufacturers are focused on expansions as the region is emerging rapidly. Also, the rapid growth in research and development to innovate efficient proline products is expected to offer lucrative opportunities for the growth of the market. Proline-based health supplements have gained significant popularity in North America; owing to this popularity, the market in North America is expected to grow substantially.
The demand for meat in Europe has increased significantly, strengthening the animal feed sector; owing to this, the region is expected to see an increased demand for proline.

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Proline Market: Key Participants

Some of the market participants in the Proline market are:

PepTech Corporation
Anaspec, Inc.
Iris Biotech GmbH
Ajinomoto Co. Inc.
ChemPep Inc.
KYOWA HAKKO BIO CO., LTD.
Wuhan Vanz Pharm Inc.
Xi’an Huisun Bio-Tech Co., Ltd.
Star Lake
Wuxi Jinghai Amino Acid Co., Ltd
Hubei Bafeng Pharmaceutical and Chemical Share Co., Ltd.
Shijiazhuang Baokang Biotechnology Co., Ltd.
Xinjiang Meihua Amino Acid Co., Ltd.
Xi’an Natural Field Bio-Technique Co., Ltd.
Xi’an Lyphar Biotech Co., Ltd.

The research report presents a comprehensive assessment of the Proline market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.

The report covers exhaustive analysis on:

Proline Market Segments
Proline Market Dynamics
Proline Market Size
Proline Supply and Demand
Current Trends/Issues/Challenges pertaining to Proline Market
Competition Landscape and Emerging Market Participants in Proline Market
Value Chain Analysis of the Proline Market

Regional analysis includes:

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)

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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Proline Market Segmentation

The Proline market can be segmented on the basis of product type, grade, end use, and packaging

On the basis of product type, the market can be segmented as:

Plant-based
Animal-based

On the basis of grade, the market can be segmented as:

Food Grade
Pharmaceutical Grade

On the basis of end use, the market can be segmented as:

Health and Dietary Supplements
Animal Feed
Pharmaceuticals
Biotechnology

On the basis of packaging, the market can be segmented as:

Drums
Cartons
Boxes
Others

Report Highlights:

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

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Mannitol Market Opportunity Assessment by Pricing Analysis, Future Scope, Forecast by 2031

The mannitol market is forecast to exhibit steady growth, with its overall valuation reaching US$ 390.9 Mn in 2021. As per FMI, mannitol sales are expected to surge at 6.8% CAGR over the course of the assessment period. Overall growth forecast for the market will remain positive through 2031.

Growth will continue in response to the growing awareness regarding health and wellness among consumers. Coupled with this, FMI identifies the increasing demand for functional and convenience food as the chief growth driver.

Mannitol is a sugar alcohol with a low-calorie content that is made from hydrogen and fructose. It can be found in strawberries, mushrooms, marine algae, onions, celery, and pumpkins. Mannitol’s natural profile and the clear label will drive sales in the near future. These factors also distinguish it from similar artificial sweeteners.

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Artificial sweeteners have essentially supplanted sugar in the baking industry, particularly as emulsifiers in baking and confectionery. Mannitol is also extensively used in chewing gum as a sweetener. Because of decreasing manufacturing costs and a greater economic scale, the mannitol market is also rising. Food applications of mannitol will continue rising through the course of the forecast period. According to the study, the food industry will account for over 44% of the mannitol market in 2021.

Key Takeaways from the Mannitol Market Study

Mannitol market will register impressive growth at 6.8% CAGR between 2021 and 2031, driven by increasing demand for low-calorie sweetener
As consumers move away from conventional sugar in bakery items amid soaring cases of diabetes, the U.S. market will account for 64.1% of mannitol sales in North America
The EU-4 will represent a lucrative market within Europe, accounting for 36% of mannitol sales in 2021
With demand for baked items surging at a high pace, the mannitol market will register 5.6% y-o-y growth in the U.K. in 2021
Despite China’s dominance, mannitol sales are expected to surge at a higher rate in Japan and South Korea

Sugar Reduction in All Processed Food & Beverages Items

Market trends such as the global fight against obesity and diabetes through sugar tariffs and stricter restrictions have continued to gain traction.

According to the World Health Organization (WHO) data, the number of obese persons reached more than 800 million in 2020, and this figure is expected to rise. Furthermore, by 2040, the number of diabetic patients is predicted to rise to 642 million.

This factor is expected to increase demand for sugar replacements like mannitol in the worldwide food and beverage industry, resulting in increased mannitol sales.

Who is Winning?

Consumer preferences change over time and market players need to accommodate those changes. Consumers will switch to another brand if their preferred products are not accessible.

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As a result, manufacturers are feeling the heat and are ensuring that their products meet consumer needs. As a result, high-capital businesses are investing in research and development (R&D) initiatives to meet these changing requirements.

Some of the leading companies offering mannitol are Roquette Frères Company, Cargill Inc, SPI Pharma, Qingdao Bright Moon Seaweed Group Co., Spectrumchemical manufacturing corp., Hebei Huaxu Pharmaceutical Co. Ltd, Rongde Seaweed Co.,Ltd, Ingredion Incorporated, Zuchem Inc, Akhil Healthcare (P) LTD., Pfizer, and other.

Mannitol Market by Category

By Form:

Powder
Crystal

By End Use:

Food
- Bakery Goods
- Sweet Spreads
- Confectionery
- Dairy Products
- Canned Food
Beverages
- Carbonated Drinks
- Fruit Drinks & Juice
- Powdered Drinks and Mixes
Pharmaceuticals
- Solid dosage forms
- Lyophilized preparations
- Medicated confectionery/ Medicated chewing gum

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)

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Key Questions Answered in the Report

What is the current valuation of mannitol market?

The mannitol market is expected to reach a valuation of US$390.0 Mn in 2021

At what rate did the mannitol market grow in the last 5 years?

Over the period of last five years, from 2016 to 2020, mannitol sales grew at 5.5% CAGR

What are the key trends prevailing in the mannitol market?

Demand for clean-label and low calorie food sweeteners is a key trend in the mannitol market. Considering this, product launches are likely to become more frequent as consumers continue exhibiting high demand for healthy ingredients.

What are the key factors driving mannitol sales?

Mannitol market will significantly gain from the high demand for sugar alcohol in food. Sales will continue rising in response to the increasing demand for functional and convenience food products.

What is the cumulative share of top five companies in the mannitol market?

The top five companies, including Roquette Frères Company, Cargill Inc, SPI Pharma, Qingdao Bright Moon Seaweed Group Co., and Spectrochemical Manufacturing currently account for 15% of the mannitol market.

What is the value share of Japan and South Korea in mannitol market?

Japan and South Korea are estimated to hold a market value share of 33.8% and 14.2% respectively of the East Asia market in 2021.

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.

Hexane-free Protein Market Research on Key Developments, Supply and Consumption Analysis by 2031

Vegetarianism has become increasingly common in recent years around the world. This development is likely to have an effect on demand for plant-based products including plant-based proteins, such as hexane-free protein, finds Future Market Insights (FMI) in a new study.

Due to the growing vegan movement, plant protein has become a substitute for other proteins such as animal proteins, egg protein, and others. As people consciously follow more humane and sustainable lifestyles, the number of vegans around the world has risen significantly. The demand for natural and vegan products has increased as a result of this trend. This also had a positive impact on the hexane free protein market, enabling it to reach a valuation of US$ 102.9 Mn by 2021.

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Driven by increasing focus on health and wellness, the demand in the energy and sports nutrition industry is expected to rise. It is in fact predicted to remain the dominant end user, accounting for over half of the sales in the global market.

North America Continues Favoring Expansion

Domestic botanical food producers in the U.S. and Canada face less stringent regulatory requirements. Although the FDA has described the term “botanicals,” and it does not control their production in the United States. Manufacturers have also opened domestic outlets for the selling of botanicals and botanical foods in Canada. These developments are considered crucial for growth of hexane-free protein market in North America.

Key Takeaways from the Hexane-free Protein Market Study:

Rising focus on health and wellness will drive growth in the global hexane-free protein market at 9.6% CAGR
The consumers in the U.S. are exhibiting high focus on health and wellness. This has sealed America’s dominance. The U.S. is expected to account for over 80% of sales in North America
The expansion of the food and beverages sector will enable the U.K. market register a little below 10% y-o-y growth in 2021
While Germany is forecast to dominate hexane-free protein sales in Europe, the Spain market will register a higher rate of growth
China will account for over half of sales registered in East Asia, as consumers increasingly look for plant-based protein alternatives

Plant-based Products Gaining Popularity

People nowadays are more likely to consume vegan goods. According to the SPINS survey, plant-based food retail sales in the United States increased by 11.4 percent to $5 billion last year. People are avoiding using animal products as a result of growing concerns about personal health and animal welfare. Companies must mark their products according to strict criteria and organic standards.

Organic food products, for example, must be labeled if they are 100 % approved or contain only organic ingredients. Consumers seeking goods with various health and nutritional benefits will be satisfied by the availability of this information. Furthermore, the growing number of private label brands and high marketing and advertising expenditures for organic goods invoke a sense of legitimacy to purchase the product, as customers are increasingly willing to pay more for premium or natural products with high nutritional content.

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Who is winning?

Some of the leading companies offering Hexane-free Protein are Axiom Foods, Inc., Nutiva Inc., Now Health Group Inc., ABF Ingredients, Ingredion Inc., Cargill Inc., New Protein Global Inc., Milk Specialties Global, Merit Functional Foods, and others

To meet a large customer base, hexane-free protein manufacturers are focusing on selling goods through various online retailers. Food and beverage goods must meet the quality expectations of consumers and comply with regulations since they are often perishable.

Hexane-free protein Market by Category

Product Type

Isolate
Concentrate
Flour

Form

Powder
Syrup

End Use

Beverages
- Dairy-based Beverages
- Functional Beverages
- Others
Cosmetics & Personal Care
Breakfast Cereal & Cereal Bars
Energy & Sports Nutrition
Bakery Products
Dairy Products
Others

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania

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Key Questions Answered in the Report

Which is the most lucrative market for hexane-free protein?

Europe is the largest market for hexane-free protein, accounting for 50.6% of the total global hexane-free protein market.

In which form is hexane-free protein preferred more?

Powder form of hexane-free protein accounted for US$ 102.9 Mn market value in 2021 and expected to grow at a CAGR of 9.6% during 2021-2031. It is also expected to remain the more preferred form of hexane-free protein through the course of the forecast period.

Which are some of the leading companies offering hexane-free protein market?

Some of the leading companies offering hexane-free protein are Axiom Foods, Inc., Nutiva, Inc., ABF Ingredients, Cargill Inc, Ingredion Incorporated, Austrade, Inc., Now Health Group Inc., New Protein Global Inc., Merit Functional Foods, and others.

Who is the leading end user of hexane-free protein?

The energy & sports nutrition account for maximum sales of the hexane-free protein. It is expected to remain the key end user through the coming years.

Isomalt Market Study on Applications, Key Developments, Market Key Value Size and Forecast to 2031

Isomalt is anti-cariogenic, due to which it does not promote tooth decay. It is considered to have several health benefits, which is expected to spur isomalt sales. As per a study by Future Market Insights (FMI), the isomalt market is expected to surpass US$ 900.5 Mn in 2021.

Oral bacteria cannot convert isomalt into decay-causing acids easily. Thus, acidic condition that leads to demineralization does not develop after isomalt consumption, as compared to the one that occurs after eating normal sugar. Regulations by the Food and Drug Administration (FDA) allow manufacturers of sugar-free isomalt-based products to make health claim- ‘Does not support dental caries’ if those products do not reduce plague PH less than 5.7 upto 30 minutes after consumption. This safety property is fuelling the demand for isomalt.

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While isomalt have application across various industries, the beverages sector will account for maximum sales registered in the market. The demand from beverages sector is expected to rise at above 7% CAGR, sealing its dominance among end users between 2021 and 2031. Meanwhile, isomalt obtained from conventional sources will continue registering high sales, however, increasing focus on greater health benefits will tip scales in favour of organic isomalt.

Regionally, Europe will continue leading the market through the course of the forecast period. The presence of several leading manufacturers will give tailwinds to growth registered by the Europe market.

Key Takeaways from the Isomalt Market Study:

Despite a period of subdued growth amid COVID, isomalt market will continue expanding at a positive CAGR of 6.1% between 2021 and 2031
Rising incidence of diabetes has been spurring sales in the U.S., pushing it to account for nearly 90% of the North America market
While Europe continues dominating the global market, EU-4 countries will account for maximum isomalt sales through the forecast period
The U.K. will emerge as a highly lucrative market for isomalt, registering over 7% CAGR, after a period of decelerating isomalt sales in 2020
China will account for maximum shares of sales recorded in isomalt due to greater focus on health and wellness among consumers in the country

Plant-based Isomalt Gaining Popularity

Nowadays, people are inclined towards consumption of vegan products. According to SPINS report, U.S. retail sales of plant-based food grew 11.4% last year to US$ 5 Bn. People are shifting from use of animal products due to rising concerns, such as personal health and animal welfare. Isomalt is extracted from the plant sources such as beet, peaches, berries and hence is finding space in shelves of the consumers that are opting for plant-based diets and healthier food options.

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Who is winning?

Some of the leading companies offering isomalt are BENEO GmbH, Cargill, Inc., Merck KGaA, Baolingbao Biology Co., Ltd., Akhil Healthcare Pvt Ltd, SINO Food Ingredients (SINOFI), KF Specialty Ingredients, Wilmar BioEthanol, Deiman SA de CV, Quadra Chemicals Ltd, S. A. Pharmachem Pvt. Ltd, and others

Manufacturers of isomalt are focusing on offering products through various online retailers to reach large consumer base. Food products are mainly perishable, and food and beverage products have to meet the quality expected by buyers and must comply with regulations. Isomalt, owing to its resistance to moisture, has a good shelf life.

Therefore, it can be sold without deterioration. Making products easily available can boost the number of consumers purchasing a product. Several manufacturers are moving towards online channels with an aim to sell their products globally. This is helping them to increase their sales and growing their businesses.

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Isomalt Market by Category

Nature

Organic Isomalt
Conventional Isomalt

Form

Powder Isomalt
Syrup Isomalt

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End Use

Confectionery
Sugar Confectionery
Bakery Products
Breakfast Cereals & Bars
Dairy Products
Frozen Desserts
Beverages
Sports Drink
Meat & Fish Products
Infant Formula
Pharmaceuticals
- Cough Syrups
- Multivitamins
- Supplements
- Others
Oral Care
Others

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania