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The global automotive oil market is anticipated to reach a valuation of US$ 68,279.6 Mn by the end of 2032. The market is directly impacted by expansion of the automotive industry. Automotive oil is the most commonly used lubricant in vehicles. They ensure that vehicles run smoothly and thus automotive oils and lubricants are essential components of the automobile industry.

The market will profit from rising demand for automotive oils due to increasing need for vehicles across the globe. Engine lubrication materials like automotive oils help in boosting a vehicle’s performance. Its main functions are to reduce friction and remove gunk from engines. It also keeps the engine cool to ensure optimum functioning.

The automotive oil market is evolving as a result of rising consumer demand for high-performing, high-quality oil that will improve fuel efficiency and engine performance. The market is also expected to be supported by increasing usage of passenger cars and commercial vehicles, as well as rapid expansion of the transportation sector in emerging economies.

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“Urgent need to extend the life of engines, stringent vehicle pollution norms established by various government agencies, and production of low-viscosity engine oils to enhance fuel economy are anticipated to drive the global market,” says a FMI analyst.

Key Takeaways: Automotive Oil Market

• The global market for automotive oil is projected to exhibit a CAGR of 7% between 2022 and 2032.
• By grade, the mineral segment is expected to remain at the forefront and is estimated to account for about 7% of the global automotive oil market share by 2032.
• By application, the light commercial vehicle segment is set to exhibit about 35% of the automotive oil market share by 2032.
• Based on engine type, the diesel segment is estimated to grow at a CAGR of 2% over the forecast period.
• China is likely to dominate the East Asia automotive oil market and is set to account for more than 70% of share in the region.

 Competitive Landscape: Automotive Oil Market

The market of automotive oil is estimated to be consolidated in nature and key players are expected to account for a considerable share of the market. Some of the top manufacturers include Dutch Shell, Valvoline, BP, ExxonMobil, Total, Fuchs Petrolub, Petronas, Chevron Corporation, Eni Gmbh, Castrol India, and Phillips 66 among others.

Key players are currently focusing on expanding their production capacities to increase their market presence all over the globe and to gain maximum revenue. Top players are also investing huge sums in innovating their existing product lines.

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Automotive Oil Market Outlook by Category

By Grade:

• Mineral
• Synthetic
• Semi-Synthetic

By Engine Type:

• Diesel
• Petrol
• Alternative Fuel

By Application:

• Passenger Vehicle
• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Two Wheelers

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More Valuable Insights on the Automotive Oil Market

In its latest report, Future Market Insights offers an unbiased analysis of the global automotive oil market, and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on grade, engine type, application, and region.

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Rising cases of chronic ailments have been encouraging consumers to adopt healthy eating. There is higher focus towards preventive healthcare, which is expected to fuel the demand for plant-based ingredients such as beet pulp. According to a study by Future Market Insights (FMI), the beet pulp sales are poised to surge considerably in the coming years. The market is expected to surpass US$ 2.5 Bn valuation in 2021.

The demand for dried pulp is expected to be the highest. It is likely to account for over 70% of beet pulps sold. East in transportation and lesser threat of damage or contamination will continue fuelling demand in this category.

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Beet pulp is not only rich in nutrients, minerals, and vitamins but is also rich in unique phyto-constituents, which have numerous medicinal properties. It is anti-oxidant, anti-microbial, anti-depressant, anti-fungal, diuretic, anti- inflammatory, expectorant, and carminative, making it “superfood” for today’s generation.

Beet pulp also is a rich source of nitrates and sugar content making it an energy dispenser for consumers. The increasing health and wellness consciousness among the customers is drastically leading to an increasing penetration of beet pulp in end user applications.

Key Takeaways from Beet Pulp Market Report

• The demand for beet pulp is expected to rise consistently, enabling the market register 5.9% CAGR between 2021 and 2031
• Popularity of plant-based ingredients will drive sales in U.S., enabling it to account for over 88% of beet pulp sold in North America in 2021
• The U.K. market will register a steady 2.5% y-o-y growth in 2021
• Increasing veganism trend will support growth in France and Germany
• Government initiatives undertaken to boost public health will support growth in China, followed by Japan and South Korea

“Livestock owners nowadays have become well aware about the livestock feeds they buy and the nutritional benefits it offers. Nutrition is an important factor in recent times and sales of products failing to qualify consumer expectation often get negatively affected.

Thus, the manufacturers of livestock feed have started incorporating high nutritional value in their products. For this purpose, they have started deriving nutrition from sources such as plants to increase the nutritional content of livestock feed, this will boost the beet pulp market” said a lead analyst at FMI

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Rise in Livestock Ownership Drives the Beet Pulp Market

The primary driver of the beet pulp market is the increasing number of livestock ownership. The increasing adoption of cows and horses as companion for families is driving the beet pulp market.

Suppertime is the happiest time for livestock, and every livestock owner strives to feed their animals a healthy, flavourful meal. Social comfort, protection, and companionship that animals provide are key factors encouraging them to raise animals. As a result the growing number of livestock owners, in turn fuelling the demand for livestock feed.

Furthermore, a number of businesses are focusing on developing new flavours for their products. The majority of animal feeds contain wheat, corn, and soy, which are combined with animal fats to give it a meaty flavour. Furthermore, safety regulations placed on livestock feed could contribute to an increase in demand for beet pulp market during the forecast period.

Who is winning?

Some of the key players operating in beet pulp market Amalgamated Sugar, Michigan Sugar, Midwest Agri, Tereos, British Sugar, Nordzucker, Ontario Dehy Inc., American Crystal Sugar, Delta Sugar Company and many others. Key players of beet pulp are building strategies that will make their production line more efficient in order to get more output.

• For instance, Delta sugar company, which is leading manufacturer of in beet pulp market, has focused on effective and efficient production process that produces ±140.000 tons of beet pulp. This Company exports to markets in Europe and in the domestic market.

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Get Valuable Insights into Beet Pulp Market

Product Type

• Wet Pulp
• Pressed Pulp
• Dried Pulp
  • Pellets
  • Shreds
• Ensiled Pulp

Livestock Type

• Cow
• Horse
• Sheep
• Goat
• Pig
• Buffaloes
• Mules
• Asses

Category Type

• Molassed
• Unmolassed

Sales Channel

• Direct Sales
• Modern Trade
• Specialty Store
• Departmental Store
• Convenience Store
• Online Retailers
• Other Retail Formats

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 9 years.

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According to a new study by Future Market Insights (FMI), the green banana flour market is set to reach US$ 435.7 Mn by the end of 2021. The rising demand for improved nutritional value in food along with new flavors, textures and aromas, among consumers are enabling sales in the market. Alternative flours are gaining traction especially since they are known to offset disadvantages of traditional whole wheat or wheat flour.

Green banana flour is trending as a gluten-free ingredient for the food industry, which in turn is creating opportunities for key players to capitalize on. Changing buyers values have led to seek more nutrition from natural and high-quality food sources with clean labels. With consumers seeking healthier options, it is seen that these products have appeal across a broad spectrum of potential buyers.

Driven by consumers’ piqued interest, green banana flour is now being made available in a particular flavor or a combination of other fruit flavors. According to FMI, the demand for conventional green banana flour is remarkably high and it is expected to account for over 95% sales in 2021.

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Key Takeaways from the Green Banana Flour Market Study

• Green banana flour market is expected to register 4.6% Y-o-Y growth in 2021
• The U.S. will emerge as a highly attractive market, accounting for over 85% of sales in North America in 2021
• Exhibiting above 6% Y-o-Y growth in 2021, the U.K. will emerge as an attractive market for green banana flour within Europe
• The demand from Germany and France too is forecast to rise at an impressive pace
• Within East Asia, China will exhibit strong growth, followed by Japan and South Korea

“The food industry is actively developing palatable products, allowing people with allergies to gluten and wheat enjoy breads, baked goods, pasta, and other food items made using processed flour. This has been one of the crucial drivers of green banana market. Green banana flour has a very mild raw banana taste; it also has a lighter wheat flour-like texture and needs around 25 % low volume, making it a strong wheat flour substitute, which will continue aiding sales through the forecast period,” said a lead analyst at FMI.

Quality Concerns Pertaining to Food Enabling Green Banana Flour Sales

Rising concerns regarding quality of food products, along with growing awareness about health & wellbeing, are pushing consumers to increasingly opt for healthy and organic products Green banana powder is being sold in its retail format for household purposes in large quantities. Growing purchasing power and increased opportunities for women in the workforce have resulted in less time for home cooking, and higher demand for processed or prepared foods. As a result, there is a rise in consumer expenditure on grocery retail and food.

Not only is it a must for those with gluten allergies to use substitute flours, but it’s also a perfect choice for many recipes to add nutrients. Green banana flour is lower in calories than all-purpose flour at only 100 calories per 1⁄4 cup, which essentially helps minimize the total calorie count without losing flavour or texture.

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Who is winning?

Rising inclination towards vegetable and fruit flours across various regions is fuelling the demand for green banana flour. Manufacturers across the globe are are investing heavily to update their inventories with green banana flour products to cater to the growing demand.

For instance, Zuvii specializes in the production and marketing of gluten-free food ingredients for both retail and commercial sectors. The company offers products such as gluten-free banana flour, pancake and waffle mix, brownie mix, chocolate cake mix, vanilla cake mix, and bundles. The green banana flour produced by the company is claimed to be starch free, and good for the gut due to its probiotic nature.

Some of the key players in green banana flour market are are International Agriculture Group, Made’s Green Banana Flour Co., Kanegrade Ltd., Natural Evolution Limited, Slingan Pty Ltd., NOW Health Group, Inc, NuNatural Inc, Zuvii, Pereg Gourmet Natural Foods, M-Pak, Banatone Food Industries, Stawi Foods and Fruits Limited, Vinayak Ingredients (INDIA) Pvt. Ltd., Hearthy Foods, Saipro Biotech Private Limited, Paradise Fruits, Royal Nut Company, Absolute Organic, KADAC Pty Ltd.

Green Banana Flour Market by Category

Product Type

• Organic Green Banana Flour
• Conventional Green Banana Flour

Process

• Spray Dried Process
• Sun Dried Process
• Freeze Dried Process
• Others

Sales Channel

• Direct Sales
• Indirect Sales
  • Modern Trade
  • Convenience Store
  • Specialty Store
  • Online Retailers
  • Other Sales Channel

Application

• Household
• Food Industry
  • Bakery & Snacks
  • Confectionery
  • Infant Food
  • Filling & Dressings
  • Soup & Sauces
  • Others
• Beverages
• Pet Food & Feed Industry

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 9 years.

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The global shape memory polymer market is projected to grow at a CAGR of 26.9% between 2022 and 2032, according to a recently published study by Future Market Insights. As of 2022, the market is slated to be valued at US$ 450.4 Million. By the end of the 2022-2032 forecast period, the market is expected to be valued at US$ 3.5 Billion.

Shape memory polymers are smart materials that can change their shape in response to external stimuli. The materials find extensive use in automotive, biomedical and aerospace industry.

Biomedical industry is a key end-user of SMPs as they are employed in producing a plethora of diagnostic and surgical devices such as catheters, sutures, stents, braces, splints, prosthetics and grafts. Thus shape memory polymers (SMPs), as stimuli-responsive materials, have garnered worldwide fame.

Shape memory polymers are also intensively found in the construction industry and find use as self-healing materials in sensors or actuators or structural health monitors and vibration control systems. Their use in kinetic buildings will also hold significance to the industry. This, more so when the government is promoting an eco-friendly zone and green buildings to lower the carbon footprint and protect the environment.

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Key Takeaways from the Market Study

• By application, research & development to be dominant category, reaching US$ 2 Billion by 2032
• Shape memory polymers to be used extensively by automotive manufacturers, registering a 21% CAGR
• By material, polyurethane shape memory polymers to accumulate 38% revenue in 2022
• North America to emerge as the fastest growing market, clocking a CAGR of 26%
• Latin America market is likely to experience a growth rate of over 10% by 2032
• Asia Pacific to attract considerable investments, reaching a value of US$ 540 Million by 2032

“With continued attraction for shape memory polymer product in end-user industries such as healthcare, biomedical, construction, automotive textile and aerospace, for changing contours dictated by random needs, and in a spate of lesser known applications, the product is poised to achieve growing market share in  forthcoming years”, remarks the FMI Analyst.

Competitive Landscape

The global shape-memory polymer market is fairly consolidated as the majority of the market share is divided among few players. Some of the key players in the market include BASF SE, COVESTRO AG, Evonik Industries AG, SMP Technologies Inc., and Spintech Holdings Inc., among others.

• Asahi Kasei Corp. produces fiber products, chemicals, and electronic related materials based on its core discipline of chemistry, and globally pursues growth opportunities in the areas where they can leverage their technological expertise.
• Covestro AG is a German company which produces a variety of polyurethane and polycarbonate based raw materials. Products include isocyanates and polyols for cellular foams, thermoplastic polyurethane and polycarbonate pellets, and polyurethane based additives used in the formulation of coatings and adhesives. It is a Bayer offshoot formed in the fall of 2015 and was formerly called Bayer Material Science, Bayer’s materials science division.

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Key Segments Covered in the Shape Memory Polymer Industry Report

Shape Memory Polymer Market by Material:

• Polyurethane (PU) Shape Memory Polymer
• Polyvinyl Chloride (PVC) Shape Memory Polymer
• Acrylic Shape Memory Polymer
• Epoxy Shape Memory Polymer
• Other Shape Memory Polymer Material

Shape Memory Polymer Market by Application:

• Shape Memory Polymer for Research & Development
• Shape Memory Polymer for Commercial Applications

Shape Memory Polymer Market by End Use:

• Shape Memory Polymer for Biomedical Use
• Shape Memory Polymer for Automotive
• Shape Memory Polymer for Aerospace
• Shape Memory Polymer for Textile
• Shape Memory Polymer for Other End Uses

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More Insights Available

FMI in its new offering, presents an unbiased analysis of the global shape memory polymer market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study provides an in-depth analysis of the market on the basis of material ( polyurethane (PU), polyvinyl chloride( PVC), Acrylic, Epoxy, other ), Application ( R&D, Commercial), End-User ( Biomedical, Automotive, Aerospace, Textile, others ) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

About Future Market Insights (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 favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global cocoa based polyphenols market is set to witness an impressive growth rate of 5.8% over the forecasted years of 2022 to 2032. The cocoa based polyphenols market size is anticipated to reach a valuation of around US$ 153.2 Billion by the end of year 2032 from the current valuation of US$ 87.1 Billion in 2022.

Consuming polyphenols improves health and is also very successful at controlling weight resulting in its rising demand across several age groups. Recent developments in the cocoa based industry have shown the benefits of cocoa in nutritious goods owing to its large polyphenol content.

These beverages often characterized of having great immune-boosting properties. Adoption of ingredients like cocoa-based polyphenols in order to attract consumers have set the present market very lucrative for its growth.

Emerging organic trends in the market is witnessed to have fuelled the plant based polyphenols market. Cocoa based polyphenols market players have also surged the demand by emphasising on marketing the cocoa-based polyphenols product across global markets.

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Consumers’ acute worry for their general health and wellness as a result of the COVID-19 pandemic has led them to seek out healthier alternatives in food and drinks in an effort to strengthen their immune systems. Due to this reason, years following the outbreak of pandemic have witnessed a major boost in the cocoa based polyphenols market adoption trends along with other healthier alternatives.

Cocoa-based polyphenols market players are required to obtain approvals for their products in order to ensure that they are in compliance with environmental and health regulations that poses as a major hindrance for them.

Key Takeaways from Market Study

• The overall growth of the global based polyphenols market is estimated to be around US$ 66.1 Billion over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 5.8%.
• The functional beverages segment is the most lucrative category for the coca based polyphenols market trends that occupies almost 32.7% of the revenue generated.
• On the other hand the segment of the cocoa based polyphenols market for dietary supplements is exerting a rapid hike in growth owing to its growing popularity and wider supply of packaging products.
• Asia Pacific is the emerging region for the coca based polyphenols market that contributes for more than 35% of the market share in the present market.
• There is a rising trend of nutritional supplements in the North America region that is anticipated to drive the sales of cocoa based polyphenols in the US and Canada.

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Competitive Landscape

ADM, Barry Callebaut, Kemin Industries, Mars, Incorporated, Naturex S.A, Nutra Ingredients Limited, Polyphenols AS, Ajinomoto Natural Specialities, Sabinsa, BERKEM, and Diana Food are just a few of the major participants in the sector.

These companies are among the cocoa based polyphenols market key players that meet the rising demand from a variety of end-use sectors, including the food and beverage, healthcare, personal care, and pharmaceutical industries.

Recent Developments in the Global Packaging Market:

• The Fytexia Company is offering a custom mechanism programme for choosing polyphenol supplies and blending them to develop recipes that are specifically tailored to the needs of users looking for natural sources of antioxidants to fortify their products with polyphenols. In 2019, Company launched Oxxynea O, a range of bioactive polyphenols that are extracted from natural plant products of fresh herbs, olive, grape, and cocoa.

Cocoa Based Polyphenols Market by Segmentation

By Application:

• Functional Foods
• Functional Beverages
• Dietary Supplements
• Others

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How is the Start-up Ecosystem in the Global Cocoa Based Polyphenols Market?

Due to expanding middle class and booming economy, the global market is becoming a source of substantial spending for consumers. Due to its highly fragmented and disorganized industry, the market is providing enormous development prospects to both local and foreign cocoa based polyphenols enterprises.

As evident from the new market research report on cocoa based polyphenols by FMI, several start-ups have emerged with a target of capitalizing on the growing preference for organic and natural food ingredients among urban people. Most of the new cocoa based polyphenols market players entering the sector are heavily relying on online channels for marketing and distribution of their products.

About Future Market Insights (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 favour 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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According to Future Market Insights (FMI), the global frozen tortilla market is slated to grow at a CAGR of 5.07%, surpassing a valuation of US$ 12.9 Bn by 2032. Tortillas are a staple food and are consumed as a staple food across the globe.

It can be paired with different beans, vegetables, cheese dips to prepare a quick healthy snacks. This, in turn, is expected to push the demand for frozen tortillas over the forecast period (2022-2032).

Tortillas are generally frozen to increase their shelf life and preference to keep tortillas securely packed in boxes to avoid freezer burn. It is beneficial to stack tortillas in an airtight container or resalable plastic bag, wrap them tightly in aluminum foil.

Consumer willingness to try multiple cuisines for enhanced food flavor and texture is expected to create conducive environment for the frozen tortilla market across the globe. Hence, manufactures are developing gluten free, keto friendly variants of tortillas in order to fulfill the rising demand to maintain good health.

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Key Takeaways from Market Study

• North America frozen tortilla market is expected to increase at a CAGR of 4.6% and reach a valuation of US$ 2.9 Bn by the end of 2032.
• Asia Pacific is expected to account for 17% of frozen tortilla demand share during the assessment period.
• Europe frozen tortillas market is expected to reach US$ at 2.8 Bn, with sales expected to surge at a robust pace in the upcoming decade
• By source, wheat tortillas are expected to hold the highest market share and is expected to increase at a CAGR of 5.5% between 2022 and 2032.

 “Key manufacturers are focusing on developing frozen tortilla formulation technology to generate revenue. They are also producing multi-functional frozen tortilla varieties to expand their product portfolio and gain competitive edge.” says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of frozen tortillas are emphasizing on research & development to offer differentiated products. Key players are working collectively to develop new product portfolios to enter untouched market places.

• Harbar LLC, Canton, Mass, a brand under Maria and Ricardo’s, launched a trio of grain-free veggie tortillas preceding year in 3 different assortments like  cauliflower, zucchini and sweet potato

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Explore More Valuable Insights

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

Frozen Tortilla Market By Category

By Source:

• Wheat
• Corn
• Other

By Sales Channel:

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

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Frequently Asked Questions

• How much is the global frozen tortilla market worth?
• What is the demand outlook forecast for the frozen tortilla market globally?
• What was the last 5-year CAGR for the demand in the frozen tortilla market?
• At what rate will the frozen tortilla demand grow in Europe?
• How will demand for frozen tortilla fare in North America?

About FMI

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

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The food enzymes market is projected to register an average CAGR of 6.5% during the forecast period. Food processing industries like the baking industry, brewing, and fruit juice industry are currently the largest user of food enzymes. These industries hold about 40% of the USD 400 million markets.

This market has grown as a result of rising environmental concerns, urbanization, rising disposable income, and developments in R&D activities. Furthermore, technological breakthroughs such as enzyme engineering and the introduction of genetically altered enzymes have aided the food industry’s expansion.

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The food and beverage industry is the largest market, where food enzymes services are employed globally. Enzymes are applied virtually to all the products manufactured in this industry.

Also, enzymes are substitutes for some chemical additives like potassium bromates that have been banned in so many countries. People considered super enzymes for better digestion and health.

Consumers’ love for convenience food has increased the demand for food and beverage products, such as alcohol, cakes, bread, pastries, and doughnuts, which require the application of food enzymes in their production.

What are the Restraints of the Food Enzymes Market?

“The introduction of large-scale food enzyme synthesis using genetically modified microbes has heightened scrutiny of enzyme use in Europe’s food and beverage industry.”

The food enzymes market growth is hampered by some abiotic factors, such as pH stability and temperature, which often alter the biochemical reactions that enhance the quality of food and beverages.

Enzyme supplements are getting increasingly popular as people’s health worries grow. Aside from that, vital enzymes are gaining ground on the market.

Also, consumers are forced to reduce the consumption of foods in which food enzymes are applied, due to the increasing awareness regarding the negative impact of foods containing food enzymes. The European Union has created a guideline to regulate the usage of food enzymes in the food and beverage sector.

Previously, there was no regulation of enzymes used as processing aids at the EU level. Only Denmark and France conducted evaluations of these processing aids prior to their application in the food and beverage industry. The disparity in food enzyme testing criteria across nations led to the creation of new EU legislation.

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Which is the Leading Food Enzymes Market?

“Restrictions on chemical additives and increased demand for healthy digestive enzymes has led to the demand in various regions.”

Europe and North America regions are currently the market leaders. However, Asia Pacific is expected to take over the market due to the increase in demand for food enzymes in the region.

Countries such as India, China, and Australia in the Asia Pacific region are prominent drivers of the food enzymes market owing to the changing consumer lifestyle. In Australia, the demand for food enzymes is on the rise due to the restriction in the use of chemical additives in bakery products.

The market for enzymes in food and beverages is expected to develop due to its properties as important healthy food additives. Changes in consumer preferences, as well as trade liberalization, have increased demand for meat and meat products in the country.

Food Enzymes Market Segmentation:

By Application

Bakery Product
Beverages
Dairy Products
Others

By Type

Carbohydrate
Protein
Lipase
Others

By Source

Microorganisms
Animals
Plants

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Frequently Asked Questions

• What is the Growth Outlook for the Food Enzymes Market?

The food enzymes market is expected to register a CAGR of 6.5% from 2022 to 2032.

• What is the Size of the Food Enzymes Market?

The food enzymes market is projected to have a value of 3.1 Bn by 2026.

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The worldwide algal protein market is assessed to set out a steady freedom of US$ 700 Mn toward the finish of 2022. The deals of algal protein is supposed to surpass US$ 1010 Mn by 2032, extending development at a vigorous CAGR of almost 8% to 9% during the gauge time frame 2022-2032. Change in purchaser inclination from embracing creature based proteins to plant-based options is assessed to expand the interest for algal protein.

Algal protein is the protein derived from several algae grown in both marines as well as fresh waters. Marine algal protein is majorly derived from seaweeds and is widely used as a substitute for animal protein such as whey protein. The algal protein derived from marine waters consists of about 60% protein by weight which is high when compared to animal protein.

Freshwater algal protein is majorly derived from spirulina, which is a cyanobacterium (Blue-green algae) and is a highly rich source of protein that contains all essential amino acids and minerals. Increasing awareness regarding health benefits of algal protein and consumer preference for various algal protein-based foods are the major factors for driving the market.

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Algal Protein Market Segmentation:

Algal protein market is segmented on the basis of product form, type, application, and distribution channels.

On the basis of product form, algal protein market is segmented into powder and liquid forms. Amongst all the segments, powder segment accounts for major revenue share and is expected to register significant growth during the forecast period

.On the basis of product source, algal protein market segments include marine and fresh water algae. Among both segments, fresh water algae segment holds the major share and is expected to register a significant growth during the forecast period. Due to increasing demand for fresh water algae, growers are improving existing methods of aquaculture by providing sterilized water, nutrients, oxygen, and carbon dioxide at the appropriate rates to the algal plants.

On the basis of product type, algal protein market segments include spirulina, chlorella and other algae. Among all the segments, spirulina segment holds the major share and is expected to register a significant growth during the forecast period.

On the basis of application, algal protein market is segmented into food and beverages, nutritional and dietary supplements, animal feed, and cosmetics & personal care products. Among all these segments, nutritional and dietary supplements segment accounts for major share due to a historically high usage. Furthermore, use of algal protein as a natural food colorant is a major driver for the global market.

On the basis of distribution channel, it is segmented into direct and indirect sales. The indirect sales segment is further sub-segmented into wholesaler, trader and retailer. Among the various retail segments, increasing online sales are a major factor driving the market as online medium substantially reduces the distribution and marketing costs of small-scale producers.

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Algal Protein Market Regional Outlook:

The algal protein market in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA is covered in the report.

North America accounts for major revenue share of global algal protein market, followed by Europe and is expected to register a moderate growth over the forecast period. The market in Asia Pacific is expected to accounts an increase in demand for natural food additives and dietary supplements.The U.S. market is one of the major suppliers of algal protein. Consumption of algal protein in this region is rapidly growing due to increasing consumer preference for plant based dietary supplements.

Algal Protein Market Dynamics:

Increasing awareness among consumers regarding algae proteins such as spirulina for its health benefits is a major factor driving the global algal protein market. Algal protein as a natural substitute for animal proteins such as whey protein and gelatin is attracting the target group which is allergic to whey protein and vegetarian.

Algal Protein Market Key Players:

Some of the key players participating the global algal protein marketinclude TerraVia Holdings, Inc., Nutress BV, Nutrex Hawaii Inc., Cyanotech Corporation, Far East Bio-Tec Co., Ltd., Earthrise Nutritionals LLC, and Rainbow Light Nutritional Systems, Inc.

The report covers exhaustive analysis on:

• Algal Protein Market Segments
• Algal Protein Market Dynamics
• Historical Actual Market Size, 2015-2016
• Algal Protein Market Size & Forecast 2017 to 2027
• Algal Protein Market Supply & Demand Value Chain
• Algal Protein Market Trends/Issues/Challenges
• Players Competition & Companies involved in algal protein market
• Technology
• Value Chain
• Drivers and restraints

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Frequently Asked Questions

What is the sales forecast for algal protein in the global market until 2032?

Which region is forecast to be the most lucrative for algal protein market growth?

Which are some leading algal protein manufacturers?

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

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The worldwide cold water soluble creamer market is assessed to grow at a CAGR of around 6% to 7% during the conjecture time frame 2022-2032. The flooding pattern of bistros and rising notoriety of drinks like, for example, ice tea and cold espresso is supposed to make monstrous development possibilities for the cold water soluble creamer market.

The cold water soluble creamer is an ingredient that is specifically manufactured for use in cold beverages or water. The traditional creamers that are used as creamers do not dissolve in beverages that have a lower temperature and the oil float on the surface is visible. Thus, the manufacturers producing traditional creamers have started manufacturing this additional cold water soluble creamer as the cost of production and equipment remains the same.

The cold water soluble creamer is either made with dairy ingredients such as skimmed milk or the dairy ingredients is substituted with other protein sources. The vegetable oils are hydrogenated for the production of the cold water soluble creamer and the type of vegetable oil differs.

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Cold Water Soluble Creamer Also Available as a Foaming Creamer

The cold water soluble creamer is manufactured as a regular creamer for its addition into a beverage or into cold sauces. But for beverages that require a foam on the top, the cold water soluble creamer has to be added along with a foaming creamer. Thus, the manufacturers innovated the cold water soluble creamer with the function of a foaming agent which has a higher demand from the foodservice operators.

Cold Water Soluble Creamer Market: Key Players

Some of the leading players in the global cold water soluble creamer market include Super Group Ltd., Shandong Tianjiao Biotech Co. Ltd., Viceroy Holland B.V., FrieslandCampina Kievit B.V., Ingredion Inc., Almer Malaysia Sdn. Bhd., Shanghai Wenhui Food Industry Co. Ltd., PT Sumber Food Ingredient Indonesia, Mokate Ingredients, Hangzhou Boduo Industrial Trade Co. Ltd., Bay Valley Foods LLC, Drytech Processes (I) Pvt. Ltd., Basix Company, Custom Food Group, Mackessen Chemicals Pte. Ltd.

Cold Water Soluble Creamer: Key Developments

• Super Group Ltd., in July 2017, transferred its non-dairy creamer production from its Singapore facility to the China Wuxi plant to increase the production capacity and to have a better connection for its distribution in the Asian region.

Cold Water Soluble Creamer Market: Geographical Analysis

The manufacturing of the cold water soluble creamers is mainly concentrated in the regions of Europe, China, and Southeast Asia. As the main use of the cold water soluble creamer is in the beverage mixes and ready-to-drink beverages, the major market for these creamers is in Asia and Europe. But in Asia, the market for non-dairy cold water soluble creamer is more than the dairy cold water soluble creamer. The demand for the non-dairy cold water soluble creamer is also in the North America region as the vegan population is increasing in this region. Whereas in the European countries the demand for the dairy cold water soluble creamer is still more.

Cold Water Soluble Creamer Market: Opportunities

The cold water soluble creamer is widely used in the food and beverage processing industry and also in the foodservice industry. But the presence of trans-fat is still a concern among individuals as the regulations for the presence of trans-fat in food products are very strict. Thus, the manufacturers are conducting research on the elimination of fats but keeping the quality and taste intact. This is a very good opportunity for the manufacturers producing cold water soluble creamer. Also, the presence of trans-fat less than 2% in Europe and Asia and 0.5% in the United States can label their cold water soluble creamer as trans-fat free. The production of the cold water soluble creamers can also be carried out with the traditional creamer as there will be no additional costs.

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Cold Water Soluble Creamer Market: Segmentation

The global cold water soluble creamer market is segmented on the basis of base, function and end use.

On the basis of base, the global cold water soluble creamer market is segmented as –

• Dairy
• Non-dairy

On the basis of function, the global cold water soluble creamer market is segmented as –

• Regular
• Foaming

On the basis of end use, the global cold water soluble creamer market is segmented as –

• Beverage mixes
• Sauces and Dressings
• Ready-to-Drink Beverages
• HoReCa/Foodservice

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Report Highlights:

• Detailed overview of parent market
• Changing dynamics of the cold water soluble creamer 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 cold water soluble creamer market
• Competitive landscape of the cold water soluble creamer market
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on cold water soluble creamer market performance
• Must-have information for cold water soluble creamer 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:

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The kvass market is projected to enroll a CAGR of 9.8% during the figure time frame, up from US$ 2.6 Bn in 2021 to arrive at a valuation of US$ 7.3 Bn by 2032.

Kvass is an accidentally invented fermented low alcoholic (0.5% to 1%), considered as non-alcoholic drink, with most preferred nutritive diets that contain a proper concentration of fat, carbohydrate, fiber, sugar, proteins along with calories. During summer, kids and young people are mostly found around the ice-cream shop in the U.S. but Russians and Ukrainians are experiencing kvass as beverages, appetizers as well as a cold choice at the mass level.

Kvass can be understood as a good lunch alternative as well as a healthy appetizer. There is a hearsay that bad kvass is better than good water. Fast-paced life and non-specific nutritional value have been considered as a serious health issue. Kvass has great existence from ancient time with good health benefits.

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Increase in Consumer Awareness is Driving the Demand for Kvass

Fast life, an unhealthy and unbalanced diet has prophesied to serve kvass as one of the balanced and healthy beverages. Due to frantic habit and lifestyle, metabolism is supposed to be disturbed that causes a change in body mass index. In the current scenario, according to the World Health Organization (WHO), 31% of the world adult population are considered under the obese category.

Change in BMI can be the risk cause of several diseases such as cardiovascular disorders, diabetes, nasopharyngeal disorders, musculoskeletal disorders and many more. Awareness about the negative effect of obesity has made consumers more health conscious and convergent towards using a balanced health product that can help in maintaining the body mass index.

Dieting can be another alternative for the obesity that one can think of but the nutrition required for the body cannot be fulfilled and sometimes dieting can also be problematic so, to escape such kind of problem kvass can be understood as one of the good alternatives. Nowadays, there has been a great rise in health and fitness awareness all around the world that has influenced the increase in the sales of kvass.

The busy schedule, change in lifestyle, change in food and adaptation habit because of immigration, increase in the health fitness center and increase in government health awareness programs, these are the reason that has been estimated to leave a great impact on health-oriented beverages market. The rise in income and proper knowledge has increased the consumption of healthy products.

Sometimes people also use kvass as an energy drink. Availability and consumption of kvass have also increased because of urbanization and the presence of a various retail and wholesale market. Thus, these above mentioned factors are expected to drive the kvass beverages market.

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Kvass Market: Key Participants Few key market players in the Kvass market are:

• Deka Spb OOO
• Joint Stock Company ‘Krinitsa’
• Baltika Brewery
• UAB Vilniaus Prekyba
• Olimp Imperial OOO
• AB Gubernija
• MPBK Ochakovo

Kvass Market Segmentation

The Kvass market can be segmented on the basis of nature, flavor, and sales channel:

The Kvass market can be segmented on the basis of nature as:

• Organic
• Conventional

The kvass market can be segmented on the basis of the flavor as:

• Apple
• Beets
• Bird cherry
• Lemon
• Cherry
• Cranberry
• Mint
• Strawberry

The Kvass market can be segmented on the basis of the sales channel as:

• B2B
• B2C
• Store Based Retailing
  • Modern Grocery Retailers
• Convenience Stores
• Discounters
• Forecourt Retailers
• Hypermarkets
• Supermarkets
  • Traditional Grocery Retailers
  • Food Specialist
  • Independent Small Grocers
  • Other Grocery Retailers
• Online Retailing

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Frequently Asked Questions

What is the Growth Outlook for the Kvass Market?

Who are the Key Players in the Kvass Market?

What is the Future of the Kvass Market?

Which are the Key Factors in the Kvass Market?

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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

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

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