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Governments are increasingly focusing on strengthening and improving primary healthcare and digital health education. There has been a shift from volume-based to value-based care in past some years, which is expected to prove crucial for the expansion of value-based healthcare services market. According to a study by Future Market Insights (FMI), the market is projected to surpass US$ 2.09 Bn in 2021. Due to the pandemic as well as in general, numerous developed and developing countries have already invested in value-based healthcare services.

Government initiatives are pushing healthcare service providers to rely on value-based care which is further proliferating the need for value-based healthcare services. For many countries, value-based care is at the forefront of future medical regulations and treatments. For instance, the U.S. government is implementing a value-based care model across the country to treat the overall health of a patient rather than only reacting to symptoms of the disease.

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Proliferation of value-based healthcare services will be strongly related to its cloud-based deployment. As per FMI, the cloud-based deployment segment is expected to account for around 61% of global market and is anticipated to remain dominant throughout the forecast period.

Key Takeaways of Value-Based Healthcare Services Market Study

• FMI has predicted the global value-based healthcare services market to rise at a CAGR of ~21% between 2021 and 2031
• Backed by presence of highly advanced healthcare infrastructure, the U.S. is expected to account for 64% of sales in North America
• Rising aging population will enable the U.K. exhibit 24.4% y-o-y growth in 2021
• The demand for advanced healthcare services will boost growth opportunities in France and Germany
• Government initiatives aimed at improving patient care will fuel demand in China, Japan, and South Korea

COVID-19 Pandemic Impact Analysis

Health concerns are increasing around the world and causing significant business impact due to the on-going COVID-19 pandemic —particularly when it comes to delivering healthcare services. Amid the COVID-19 outbreak, the demand for value based healthcare services has decreased in 2020. In response to the COVID-19 pandemic, cloud service providers are taking special measures to meet the customer demand for cloud usage, due to sudden shift to a remote-first workforce.

According to estimates, almost 70% CIOs agree “cloud services” would become a priority in 2020, and they expect to reduce on-premises workloads to 35% in 2021, as compared to almost 60% in 2019. With this trend to continue, pubic cloud services market revenue is estimated to increase by 1.6X during 2019-2021. Thus the value-based healthcare services market is anticipated to gain back its momentum by second half of 2021.

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Assembled Deployment of Solutions to Enhance Market Attractiveness

Significant growth in the wearable devices market is expected to lead to greater opportunities for the integration of IoT in the healthcare sector to develop smarter solutions for patient monitoring and diagnostic purposes. The integration of other connectivity platforms such as Bluetooth, RFID, ZigBee, and HomeRF to connect IoT in healthcare to network infrastructure in households and workplaces.

This way, more IoT sensors in healthcare can be added to the system and remote access distance can be increased. A well-managed IoT services and solutions provider can focus holistically on a healthcare institution and deduce a suitable end-to-end approach. This approach can include device management, connectivity, network management, deployment, and logistics processes for the provider and present lucrative growth opportunities.

Who is winning?

Some of the leading players operating in the market are Deloitte, Siemens Healthcare GmbH, NextStep Solutions, McKesson Corporation, NextGen Healthcare, Genpact Limited, Athena Healthcare, Boston Consulting Group and others.

More Valuable Insights on Value-Based Healthcare Services Market

In its latest report, Future Market Insights offers an unbiased analysis of the global value-based healthcare services market, providing historical data for period of 2016-2020 and forecast statistics for the period of 2021-2031.

To understand opportunities in the value-based healthcare services market, the market is segmented on the basis of model (Accountable care organization (ACO), Patient-centered medical home (PCMH), Pay for performance (P4P), Bundled payments), deployment (cloud, on-premise), end-user (hospitals, clinics, insurance companies, government, others) across six major regions.

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Value-Based Healthcare Services Market by Category

Model

• Accountable care organization (ACO)
• Patient-centered medical home (PCMH)
• Pay for performance (P4P)
• Bundled payments

Deployment

• On-Premise
• Cloud

End User

• Hospitals
• Clinics
• Insurance Companies
• Government
• Others

Region

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

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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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As per a report by Future Market Insights (FMI), the global marketing transcription market is expected to reach a valuation of US% 1.68 Bn in 2021 and is expected to showcase high growth between 2021 and 2031. Transcription is the process of converting speech (recorded or live) into an electronic text document. The process includes providing an audio or video source file or URL to transcriber.

A transcriber either listens to file or upload it in a speech recognition software or creates a digital or textual transcript. Marketing transcriber’s transcripts consumer forums, group recordings, phone recordings, interviews, marketing research, focus groups, others key types.

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These transcripts offer various benefits like SEO visibility, captioning, user experience, maintain detailed records of meetings and group discussions. According to FMI, the demand for marketing transcription services is expected to account for above 67% of revenue generated in the market, while growth exhibited by the solutions segment is likely to be higher.

Key Takeaways of Marketing Transcription Market Study

• Marketing transcription market is set to rise at above 8% CAGR between 2021 and 2031, driven by increasing adoption across various industries
• The U.S. will emerge as an immensely attractive market, accounting for over 82% of revenue generated in North America
• The U.K. is projected to register an impressive 15.3% Y-o-Y growth in 2021
• The demand from Germany and Italy is expected to rise at a fast pace. Italy is forecast to exhibit double-digit growth over the forecast period
• While China continues to dominate East Asia, Japan is set to record double-digit growth in the coming years

“Key players are focusing on continuous developments and implementation of new solutions such as cloud-based transcription services. Also, the emergence of AI-based transcription services is expected to save time and achieve higher accuracy rate for audio and video transcription. This is expected to create lucrative opportunities for growth of the market,” said an FMI analyst.

Impact of COVID-19 on Marketing Transcription Market

The COVID-19 pandemic outbreak has disrupted many industries, including the marketing transcription market. During a time of crisis, marketing transcription services like audio transcription services, video transcription services, and custom transcription services can be a blessing and disrupt for customers and brands.

However consumers’ usage of marketing transcription is greatly increasing. It is considered important for various applications such as risk and compliance management, fraud detection and prevention, customer management, content transcription, others.

Historically, the market for marketing transcription has grown by almost 6%-7% globally in the past 5 years. In 2020, the total value of marketing transcription is estimated to be nearly US$ 1.7 Bn globally. Due to the COVID-19 outbreak, adoption for marketing transcription is estimated to increase by nearly 8%-9% in Q1-Q2 2021.

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Transcription Services to Boost SEO and Online Marketing Practices

Online video marketing has emerged as a major part of content marketing. The strategy of video marketing has been adopted by various businesses that allows marketers to demonstrate the product in more sophisticated manner instead of traditional “static” web content marketing. In 2016, 96% of B2B organizations used video in their marketing campaigns.

Search Engine Optimization (SEO) is a marketing strategy motivated by creating higher page rank and increase more site visits. Search engines do the indexing based on textual contents. Transcription of video provides text that can be indexed by search engines, and enables website to increase the chance of being prominently featured in searches. By increasing traffic, businesses are able to produce more leads towards their product that directly increases sales and eventually revenue for the company. Hence, organizations are continually adopting transcription services to increase their business profits.

More Valuable Insights on Marketing Transcription Market

A new market research report published by Future Market Insights (FMI) on the global marketing transcription market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031.

The report provides valuable insights on the basis of solution ((software (audio to text converter, and video to text converter)), and services (audio transcription services, video transcription services, and custom transcription services), type (consumer forums, group recordings, phone recordings, interviews, marketing research, focus groups, and  others), industry (BFSI, education, media & entertainment, IT & telecom, retail & consumer goods, government, and others), across six major regions.

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Marketing Transcription Market by Category

Solution

• Software
  • Audio To Text Converter
  • Video To Text Converter
• Service
  • Audio Transcription Services
  • Video Transcription Services
  • Custom Transcription Services

Type

• Consumer Forums
• Group Recordings
• Phone Recordings
• Interviews
• Marketing Research
• Focus Groups
• Others

Industry

• BFSI
• Education
• Media & Entertainment
• IT & Telecom
• Retail & consumer goods
• Government
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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About Us

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 increasing demand of real time data is encouraging the cold chain companies to adopt cloud technology for collecting, analyzing and sharing of the data where and when needed. This, according to a new study by Future Market Insights (FMI), will push the overall valuation of the IoT for cold chain monitoring market to US$ 4.79 Bn in 2021.

IoT technologies can utilize data that exists within the physical environment to unlock the business value across the cold chain in the form of brand equity, reduced waste, and return on investments. The web-based platform leverages real-time information from the manufacturing, production, storage and distribution stages to help companies monitor and manage asset health, temperature, work flow, vehicle location, and environmental data.

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IoT offers a multitude of benefits and has been adopted across diverse industries for cold chain monitoring. According to FMI, healthcare & pharma segment is estimated to register a CAGR of 16.1% during the forecast period as the medicines and drugs are highly temperature sensitive and need to be stored and transported at consistent temperature levels so the supply chain operators are opting for IoT for cold chain monitoring solution for storing and transporting pharma products. A key point to consider here is that large enterprises will account for a dominant share of 55.2% of the market in 2021

Key Takeaways: IoT for Cold Chain Monitoring Market

• The global IoT for cold chain monitoring market is estimated to register a CAGR of 13.6% during the forecast period of 2021-2031
• The U.S. will continue leading the market, accounting for 86.7% of North America in 2021
• The U.K. will remain a key market in Europe, exhibiting 10.8% Y-o-Y growth in 2021
• Demand from Germany and France will continue increasing through 2031
• While growth exhibited by Japan and South Korea is expected to increase at accelerated pace, over half of East Asia market will be accounted by China through the forecast period

COVID-19 Impact Analysis on IoT for Cold Chain Monitoring Market

As the world is struggling with the COVID-19 pandemic, cold storage companies are working for ensuring that there are enough fresh products to buy. Due to COVID-19 the adoption of IoT sensors for cold chain monitoring is increasing has the sensors help to collect, analyze light, humidity and temperature as well as send notification with location details if any issue arises.

Cold chain management has emerged as a crucial factor during the pandemic. As governments and other entities has started COVID-19 vaccines distribution the demand is increased for cold chain monitoring. Cold chain management maintains the necessary refrigeration levels of temperature-sensitive coronavirus vaccine across manufacturing, transportation, storage, and distribution process.

However, the IoT for cold chain monitoring market is estimated to grow around 10% to 12% Y-o-Y from 2019 to 2020.

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Adoption of IoT Technology is Driving the Market Growth

IoT adoption is increasing in response to the increasing awareness regarding the use of IoT in business and benefits of using IoT technologies is increasing. In emerging countries, the governments are announcing the plan to set up an IoT institute for developing IoT in automation, robotics, healthcare and other industries as the smartphone usage is increasing and there is availability of strong network of fourth generation broadband and data centers. Adoption of IoT will increase in various industries for different purposes such as adoption of IoT in cold chain monitoring will help the companies to monitor and manage the products and prevent them from damage.

Who is Winning?

Some of the leading players operating in the market are TE Connectivity, Huawei Technologies, Zebra Technologies, Aeris, Laird Connectivity, Roambee Corporation, MosChip Technologies Limited. SenseGiz Inc, HC Technologies, Dycodex.

These companies have been focusing on innovations to gain competitive advantage. For instance, in 2017 Orbcomm unveiled a state-of-the-art cold chain monitoring solution, which it called PT 6000.

More Valuable Insights on IoT for Cold Chain Monitoring Market

FMI’s report on the IoT for Cold Chain Monitoring market is segmented into four major sections such as component (hardware, IoT software/platform for cold chain monitoring, services), enterprise size (SMEs, large enterprises), industry (healthcare & pharma, retail & CPG, food & beverages, chemicals, and others) and region(North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the IoT for cold chain monitoring market.

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Key Segments Covered of the IoT for Cold Chain Monitoring Market

Component

• Hardware
  • IoT Temperature/Humidity Sensors
  • Data Logger
  • Others
• IoT Software/Platform for Cold Chain Monitoring
• Services
  • Integration & Installation
  • Consulting
  • Support & Maintenance

Enterprise Size

• SMEs
• Large Enterprises

Industry

• Healthcare & Pharma
• Retail & CPG
• Food & Beverages
• Chemicals
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa (MEA)

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About Us

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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Nutraceutical gummies sales will rise exponentially in the coming years, as consumers continue exhibiting increasing focus on health and wellness. As per a study by Future Market Insights (FMI), the nutraceutical gummies market will reach a valuation of US$ 24.54 Bn in 2021. Nutraceutical Gummies Market is expected to reach US$ 28.5 Bn by 2031.

The market for nutraceutical gummies has recorded growth at a CAGR of 12.5% between 2016 and 2020. It is further expected to register a CAGR of 15.0% during 2031.

Sales are projected to skyrocket as the demand for healthcare supplements continues rising to fulfil lack of nutrition in regular diet. The increase in the working population and their rising income have become one of the key drivers of the market.

Gummies are likely to dominate the dietary supplements landscape in the coming years. With focus on health and wellness growing in response to the increasingly hectic lifestyle, consumers are likelier to rethink their diet choices.

As per the report, in terms of nutritional class, the demand for gummies rich in vitamin and mineral content is expected to be higher. It is expected to constitute the leading segment based on nutritional class and account for nearly 43.8% of the sales in the market in 2021.

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While developed countries are likely to be at the forefront of this trend, emerging economies will soon catch up. Besides change in lifestyle, higher spending power will make consumers in emerging countries more willing to spend on health supplements.

Key Takeaways from the Nutraceutical Gummies Market Study

• Nutraceutical gummies market is expected to rise at an impressive 15% CAGR between 2021 and 2031
• Expansion of dietary supplements sector will push sales in the U.S., which is expected to account for over 87% of the North America market in 2021
• Backed by government initiatives to encourage healthy living, the U.K. market will register a little below 15% y-o-y growth in 2021
• Consumers in Germany and France are adopting a preventive attitude as they realize the importance of maintaining a strong immune system. This will  create opportunities for nutraceutical gummies sales
• Focus on healthy living will drive growth in Japan and South Korea. With ecommerce sector thriving due to home seclusion amid pandemic, sales are poised to surge in both countries

Inclusion of Organic ingredients

Consumers have become increasingly interested in improving their health through their diet over the past few years. This has led to the development of several entirely new additions in the food and beverage industry such as sugar-less, organic, and calorie-free variants.

Primary focus of healthy eating is reduction of chemical additives in food and beverage products, which has influenced nutraceutical manufacturers to divert their conventional supplement production into organic and natural nutraceutical production through organic certified grains.

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Who is winning?

Innovation has become a cornerstone of growth strategies adopted by companies operating within the nutraceutical gummies market. Producers are likely to focus on innovation in terms of flavor, size, and packaging to make their presence felt in the highly competitive nutraceutical gummies market.

Some of the leading companies offering nutraceutical gummies are Bayer AG, Zarbee’s, Inc., Sanofi S.A., Nature’s Bounty Co., Otsuka Holdings Co., Ltd., SmartyPants Vitamins, Church & Dwight Co. Inc., Olly Public Benefit Corporation, Life Science Nutritionals, The Honest Company, Inc., Pfizer, Nature’s Way, and other.

Nutraceutical Gummies Market by Category

By Nutritional Class

• Vitamin & Minerals
  • B Complex
  • Vitamin C
  • Calcium & Vitamin D
  • Milk Minerals
  • Iron
  • Others
• Dietary Fiber
• Prebiotics & Probiotics
• Polyunsaturated & Fatty Acids
• Antioxidants
• Others

By Functionality

• Digestive Health
• Immunity & Strength
• Cardiovascular Health
• Bone & Muscles Health
• Others

By Age

• Pediatric
• Geriatric
• Adult

By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Drugstores
• Supermarkets
• Online Stores

By Region

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

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Key Highlights from Report

• Which Is the Highest Grossing Nutraceutical Gummies Market?

The U.S. currently leads the global market and its valuation is expected to reach US$ 28.5 Bn by 2031.

• Which is the Top-selling Class of Nutraceutical Gummies?

Vitamin & Minerals will remain top-selling nutritional class in the market, accounting for over 38.5% of revenue generated by 2031. This is due to increasing interest in preventive healthcare and attaining wellness through consuming vitamins in diet.

• Which Is the Fastest Growing Distribution Channel in Nutraceutical Gummies Market?

Online stores are estimated to emerge as fastest growing distribution channels for nutraceutical gummies exhibiting a CAGR of 19.9% between 2021 and 2031.

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 citrus seeds market is registering increasing demand from various industries. The rising demand for use of natural ingredients in food products and cosmetics & personal care items is expected to create growth opportunities. As per Future Market Insights (FMI), these developments have encouraged key players in the food sector to launch novel products that offer nutritional benefits and are available in various flavors. Driven by this, the citrus seeds market is expected Citrus seeds are plant-derived and are very helpful for people who suffer from digestion disorders, gut issues and obesity problems, as they help in increasing the metabolic rate of the body.

FMI expects the global citrus seeds market to grow at 6.3% CAGR through 2021- 2031.

The demand for chemical-free cosmetics and skin care products is rising due to the increasing cases of skin disorders. Therefore, consumers are looking for products which are naturally derived and do not cause any allergic reactions to the skin.

Vitamin C being a widely used ingredient in skin care treatments is increasing the demand for citrus seeds. The use of fruits in skin care regime is increasing. Citrus seeds have certain components that help in skin renewal by repairing the tissue that is the outer layer of the skin. The increasing use of citrus seeds as an ingredient in skincare products will create opportunities for growth in the coming years.

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Key Takeaways from Citrus Seeds Market

• Citrus seeds market is expected to exhibit 6.4% CAGR in the forecast period in terms of value
• Brazil will emerge as a key market for citrus seeds sales within Latin America
• Rising demand for dietary supplements will be a chief driver in the U.S., which is expected to account for above 70% sales in North America
• Expansion of the personal care sector will drive y-o-y growth in the U.K. at 5.7% CAGR
• China’s bustling food industry and focus on healthy eating will offer lucrative scope for the expansion of the market.

Shift of Citrus Seeds from By-Product to Co-Product

Citrus seeds were previously a by-product of the citrus industry. Citrus seeds obtained from processing were thrown away as they were earlier considered to be the waste material. But research and technological developments have resulted in the citrus seeds being known to be an important ingredient in various industries. Citrus seeds have become co-products which are developed along with other citrus products either by the same company, or sold to other companies on a large scale for various end-use applications.

Strong Distribution Network of Leading Manufacturers

Manufacturers of citrus seeds are increasing their consumer base by expanding to developing countries. For this, they need a strong network with the distributors and suppliers of their products. These manufacturers are increasing their distribution network as well. But this is being carried out mainly by the leading manufacturers in this industry and distribution is completely handled by the distributor with which they are in partnership with. Either the company goes in partnership with a single distributor which is responsible for distributing its products to all the regions, or else the company goes into partnership with different distributors for different regions.

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Who is winning?

Some of the key players operating in the citrus seeds market are Citrosuco S.A., Louis Dreyfus Company B.V., Yantai North Andre Juice Co. Ltd., Sucocitrico Cutrale Ltd., Citromax Group,Presque Isle Wine Cellars Peace River Citrus Products, Parchem Trading Ltd, Rio Grande Juice Company, Vita-Pakt Citrus Products, Panteley Toshev Ltd, Tangshan Eusa Colors Int’l Group and Lemon Concentrate S.L.

Citrus Seeds Market by category

By Nature

• Organic
• Conventional

By Application

• Animal Feed
• Oil Extraction
• Dietary Supplements
• Personal Care and Cosmetics
• Household/Retail
• Others

By Sales Channel

• Direct/B2B
• Modern Trade
• Specialty Store
• Online Retailers
• Other Sales Channels

By Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• Middle East and Africa (MEA)

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Key Questions Answered in the Report

• Which is the Most Lucrative Citrus Seeds Market?

Latin America currently leads the global market for citrus seeds. Sales in Latin America are expected to be over 25% of total global demand throughout the forecast period.

• Which Is The Preferred Nature Of Citrus Seeds?

Conventional citrus seeds are expected to be the preferred segment in the global citrus seeds market, accounting for a share of more than three quarters. Conventional methods have standardized formats which ensure low cost of production as well as minimum wastage.

• Which is the Key Application of Citrus Seeds?

Oil extraction processing has emerged as the key application in the citrus seeds market. It is expected to grow at a CAGR of 5.7% between 2021 and 2031. This is owing to the reason that large demographics are now conscious of health and are taking supplements for enhancing performance and endurance.

• Which Are Some Of The Leading Companies Offering Citrus Seed Products?

Some of the leading companies offering dairy alternative are Lemon Concentrate S.L., Citrosuco S.A., Louis Dreyfus Company B.V., Yantai North Andre Juice Co. Ltd., Sucocitrico Cutrale Ltd., Citromax Group, Peace River Citrus Products, Rio Grande Juice Company, Vita-Pakt Citrus Products, Panteley Toshev Ltd, Tangshan Eusa Colors Int’l Group(EUSA COLORS), Presque Isle Wine Cellars, Parchem Trading Ltd and others.

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based 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.

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Increasing demand for organic, herbal, and fruit-based ingredients in food and beverages industry has resulted in high demand for pectin powder. According to a study by Future Market Insights (FMI), consumers are likely to get more health conscious especially due to the increasing cases of diabetes, obesity, and cardiac issues. Driven by consumer interest for natural ingredients, the pectin powder market is forecast to surpass US$ 390 Mn by 2021. Pectin powder contains pectin, pectolytic enzymes, carotenoids, fiber, vitamin B, proteins, and other salts in addition to vitamin C.

Consumption of food and beverages containing pectin can help in weight loss, blood sugar control, and aid in heart health. Another advantage of using pectin powder is that it gives edible and drinkable goods more consistency and viscosity. Hydrocolloids’ adhesive properties present in pectin powder allow the food product to naturally congeal its constituent ingredients. Given its impressive nutrient profile, pectin and its derivatives fit right in.

These properties of pectin powder and the growing attention of food manufacturers can result in increased demand in the global market. FMI expects the global pectin powder market to grow at 4.7% CAGR through 2031.

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Key Takeaways from the Pectin powder Market Study

• Pectin powder market is expected to rise at a CAGR of nearly 5% between 2021 and 2031
• Rising focus on health and wellness to curb the incidence of diabetes will push sales in the U.S., which will account for over 90% of the demand registered in North America
• Increasing application of pectin powder as a gelling agent in the food sector will drive sales in the U.K.
• High demand for jams and jellies make Germany and France key markets for pectin powder within Europe
• China leads Asia Pacific pectin powder market in terms of revenue. By the end of 2021, it is expected to account for over 40% sales in the region

Non-Modified Convenience Ingredient Gaining Traction

As a result of the growing health problem among people around the world, health benefits have become primary motivators for the consumption of any food and beverage items. This is followed by taste and price. As a result, customers are taking precautionary steps when it comes to the products they use. Non-GMO has become a key trend in the food sector. Consumers in North America, Europe, South Asia, and Oceania are searching for labels on products that state they are non-GMO. When shopping for foods and drinks in the United States, 30% of shoppers opt for the Non-GMO label, which is higher than the organic label, which is used by just 28% of shoppers.

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Who is winning?

Some of the leading companies offering pectin powder are E. I. DuPont De Nemours And Company, Cargill, Inc., Naturex S/A, CP Kelco, Herbstreith & Fox Group, Compania Espanola de Algas S.A., Silvateam s.p.a., DSM Andre Pectin Co. Ltd., Lucid Colloids Ltd, and others.

For instance, in 2019, Cargill has launched its latest Unipectine AYD R series for acidified dairy beverages, which took a year to create and is specifically designed to deliver on main sensory buying drivers with no compromise on product stabilization.

Pectin powder – Market segmentation

On the basis of Product Type:

• High methoxyl pectin
• Low methoxyl pectin

On the basis of Application:

• Food and beverage
• Dietary supplements
• Pharmaceuticals
• Personal care and cosmetics
• Others

On the basis of Region:

• North America
• Latin America
• Europe
• Japan
• The Asia Pacific excluding Japan
• Middle East and Africa

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Key Questions Answered in the Report

• What are the key factors driving the pectin powder market?

Increasing usage of hydrocolloids in the food and beverages industry, increasing demand for natural ingredients, growing awareness regarding the benefits of pectin, rising demand for low fat food and beverages and increasing demand for packaged foods and beverages products are some of the key factors enabling growth in pectin powder market.

• What is the key application of pectin powder?

Pectin powder is mostly used in the food and beverage industry. It is expected to account for 76.8 % of the overall pectin powder market in terms of value in the year 2021.

• What are the key factors restraining pectin powder market?

Technical difficulties in procuring raw materials and processing end product, impact of price, and threat of substitutes are some of the key challenges witnessed in the pectin powder market.

• Which is the most lucrative market for pectin powder?

Currently, Europe holds the largest market share. It accounts for 38.5 % of the global market and is likely to remain dominant from 2021 to 2031.

• Which are some of the leading companies offering pectin powder?

Some of the leading companies offering pectin powder are E. I. DuPont De Nemours And Company, Cargill, Inc., Naturex S/A, CP Kelco, Herbstreith & Fox Group, Compania Espanola de Algas S.A., Silvateam s.p.a., DSM Andre Pectin Co. Ltd., Lucid Colloids Ltd, and others.

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The A2 milk market was valued at USD 1,984.20 Million in 2022 and is expected to reach USD 4,947.70 Million by 2032, registering a CAGR of 9.6% from 2022 to 2032.

The burgeoning dairy industry and the increase in the number of dairy products are the primary drivers of the A2 milk market growth. The growing health-conscious population and consumer concerns about the gastrointestinal problems associated with conventional milk containing A1 beta-casein protein are driving the A2 milk market growth. Many consumers who have problems digesting milk and experience bloating choose A2 milk because it is easy to digest and contains A2 beta-casein protein.

Other factors, such as rising disposable income and increased awareness of the health benefits of A2 milk, such as boosting immunity, increasing metabolic rate, promoting mental growth, and use in bakeries and confectioneries, will all contribute to the A2 milk market growth. Moreover, the expansion of the A2milk product portfolio and the increase in hypermarkets, supermarkets, and online stores are expected to create a lucrative A2 milk market opportunity. The limited market presence of A2 milk is expected to create opportunities in this market as distribution can be expanded globally.

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Restraints to A2 milk market growth include:

• The high cost of A2 milk.
• The availability of cheaper and vegan alternatives.
• A lack of proper evidence regarding the benefits of A2 milk.
• A lack of consumer awareness complicates the issue.

FMI envisions North America will persist to rank among the top economies throughout the forecast period. In the United States, manufacturers’ ingredients are getting more attention. The growing popularity of healthy foods has prompted companies in the United States to diversify their portfolios. The trend of smaller companies being acquired at a lower cost is likely to continue soon.

Key Takeaways:

• The liquid form of A2 milk could account for 84.6% of the form segment A2 milk market.
• For the end use application segment, infant formula accounted for 22.40% of the A2 milk market.
• Carton packaging comprises 57.9% of the A2 milk market’s packaging segment.
• The United States may have a monopoly on the A2 milk market, accounting for 35% of the total.
• Japan regulates 10% of the A2 milk market.
• Australia handles 2.3% of the A2 milk market.
• During the projected period, the China market is anticipated to expand at a CAGR of 9.1%.
• During the projected period, the India market is anticipated to expand at a CAGR of 8.7%.
• During the projected period, the U.K. market is anticipated to expand at a CAGR of 7.8%.
• Germany has a 31% market share in the A2 milk market.

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Competitive Landscape:

Companies are making an investment more in R&D to introduce new flavours into the A2 milk market. Aside from that, players are diversifying their product portfolios by expanding their global operations and strengthening their distribution channels.

Fonterra Co-operative Group Limited, The A2 Milk Company Limited, PURA, Dairy Farmers, Jersey Dairy, Vietnam Dairy Products Joint Stock Company, Freedom Foods Group Limited, Gujarat Cooperative Milk Marketing Federation Ltd., Vedaaz Organics Pvt. Ltd., and Provilac Dairy Farms Private Limited seem to be just a few of the major players of the A2 milk market.

Key Segments

Nature:

• Organic
• Conventional

Form:

• Liquid
• Powder

Application:

• Infant Formula
• Dairy Product
  • Butter
  • Cheese
  • Yogurt
  • Milk Powder
  • Ice Cream
  • Others
• Bakery & Confectionery
• Milk & Milk-based Beverages

Packaging:

• Glass Bottles
• Plastic Bottles & Pouches
• Carton Packaging
• Cans

Distribution Channel:

• B2B
• B2C
  • Store-based Retailing
    • Hypermarkets/Supermarkets
    • Grocery Stores
    • Convenience Stores
    • Specialty Stores
  • Online Retailing

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Frequently Asked Questions

• Which is the leading A2 milk market?
• Which form of A2 milk is more in demand?
• Which is the key application of A2 milk?
• Why is Organic A2 Milk Preferred More?
• Who are the key players in A2 milk 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 Us:

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Increasing awareness among consumers regarding applications of fish protein in dietary supplements, cosmetics, personal care segment, pharmaceuticals, sports nutrition, and other industries is driving the fish protein market growth. Its use in preventing various health concerns and ensuring good heart and brain function will fuel consumption of fish protein among various age groups. According to a study by Future Market Insights (FMI), increasing focus on health and wellness and demand for natural ingredients in food products will push fish protein sales between 2021 and 2031.

Fish is a low-fat and high quality protein and a great source of vitamins, minerals, and omega 3 fatty acids. Therefore it is considered among the rich and most widely available source of protein. Leading players in the global fish protein market are incorporating latest technology such as steam treatment for maintaining safety, quality and organic standards for dried spices, with an aim to gain edge in the highly competitive market.

However, inefficient logistics and uncertain climatic conditions are expected to inhibit production of fish protein market globally, thereby impeding growth. The food industry is expected to account for over 42% of fish protein market in 2021.

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The FMI researches deeply into the prevailing dynamics in order to offer interesting acumens into the Fish protein market. Some of these are:

• Fish protein market is expected to rise at 7.2% CAGR between 2021 and 2031
• Expansion of the sports nutrition industry is spurring growth in the U.S., which accounts for over 77% of sales in North America
• Rising focus on health and wellness is driving the U.K. market. It is expected to register 8.2% y-o-y growth in 2021
• Germany will remain the dominant market for fish protein in Europe. Increasing dietary supplements sales will drive growth
• Expansion of the food sector will support growth in China. Meanwhile increasing fish consumption will create a conducive environment for growth in Japan and South Korea

Fish Protein Gaining Traction from Youth

Trends in food consumption have changed dramatically over the years. Consumers are increasingly worried about their health and wellbeing which has also increased demand for healthy food items. People are looking for convenient multi-component goods that are readily available on the market and also help to balance consumers’ fast moving lifestyle. The age group of 16-28 are more attracted towards the fish protein for their more attractive flavors in the fish protein market. Fish protein helps in providing the required amount of proteins which is supported by the body and are digestible. This will create an opportunity to the manufacturers to penetrate their product in the market and gain traction in the fish protein market.Companies are coming up with various fish protein concentrate market based ingredient and derivatives for application in various segments.

Snack Fortification Emerges as Key Trend

Consumers are expressing willingness to buy snacks that are fortified with nutrients. Not only does the fortification enhance the nutritional quality but it also transforms the odour, texture, and flavour of the snack. For instance, some corn snacks are fortified with 3-9% of fish protein powder. Snackification is nothing but snacking on fast served foods or ready to eat foods on frequent intervals during the day.

There has been a rising shift from traditional meals (breakfast, lunch, dinner) to all-day snacking, largely owing to the busy working lifestyles and especially the younger age groups not following strict mealtimes. Still, consumers would want to have healthier snacking options that would keep them fit in their “to-go” lifestyle. Thus, the snacking culture can expect more substance, taste, and nutrition in the form of fortified snacks with fish protein powder snacks.

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Who is winning?

Some of the key players operating in fish protein market are, Omega Protein corporation, Bio-Oregon Protein, Colpex International Inc., Mukka Seafood Industries Limited, Scanbio Marine Group,  ,Peterlabs Holdings, Apelsa Guadalajara, Aroma NZ,  Ingredients Inc., Siam Industries International,    Bio Phoenix Formulations, Qingdao Future Group and others.

Fish Protein Market by Category

Form

• Powder
• Liquid

Product Type

• Fish Protein Concentrate
• Fish Protein Isolate
• Fish Protein Hydrolysate

Application

• Food & Beverages
• Cosmetics and Personal Care
• Sports Nutrition & Dietary Supplement
• Pharmaceuticals
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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Key Questions Answered in the Report

• Which is the most lucrative market for fish protein?

North America currently leads the global market for fish protein. Within North America, the U.S. will emerge as the leading market for fish protein.

• Which is the top-selling type of fish protein?

Fish protein isolate is expected to be the preferred product type in the global fish protein market with a market share of more than three quarter.

• Who is the key end user of fish protein?

Food and beverage industry holds the highest share in the fish protein market in terms of application. It is expected to grow at a CAGR of 7.3 between 2021 and 2031.

• Who are some of the leading companies offering fish protein?

Some of the leading companies offering fish protein are Omega Protein corporation, Bio-Oregon Protein, Colpex International Inc., Mukka Seafood Industries Limited, Scanbio Marine Group, Peterlabs Holdings, Apelsa Guadalajara, Aroma NZ,  Ingredients Inc., Siam Industries International, Bio Phoenix Formulations, Qingdao Future Group and others.

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based 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 Us:

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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