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Future Market Insights (FMI) pegs citrus gummies market to grow 5.9% CAGR in terms of volume, with revenues set to surpass 341Mn by 2027. The report attributes the growth of the market to a cohort of factors, notably a spike in immunity-boosting supplements in the COVID-era.

Owing to its strong nutritional profile, citrus gummies have emerged as an ideal option for consumers seeking healthy and tasty nutraceutical supplements.

According to the study, the sweet taste and availability of different flavors of citrus flavors give it an edge over conventional nutritional pills. Likewise, health benefits of citrus gummies such as immunity enhancement, improvement of bone health, and an overall reduction of nutritional deficiency will continue to drive demand.

However, the report opines that the COVID-19 pandemic will exhibit a dual impact on the sales of citrus gummies, creating fluctuations in the growth trajectory. While the need for nutritional supplements is expected to rise, issues on the supply side are likely to hinder the growth during the pandemic.

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Key Takeaways

Conventional citrus gummies will account for more than 3/5th of market value. Bottle & jars will remain the most popular packaging type due to their safety and reusability. Europe will remain the largest market for citrus gummies globally North America and APEJ will cumulatively account for over half of the global value, backed by a high population base that’s at risk of autoimmune diseases.

COVID-19 Impact

The outbreak of COVID-19 has pushed the food and beverage industry into uncertainty and the citrus gummies market is no different. However, high demand for healthy food products, including nutritional supplements such as citrus gummies is likely to bolster the market during the pandemic.

Contrarily, issues on the production side such as shut down of manufacturing facilities, shortage of workforce, and disruption of distribution networks are hindering smooth operations, creating a downfall in the production volume.

Who is Winning?

Citrus gummies market players are focusing on expanding the production of organic products to leverage the growing demand for products produced using non-GMO methods.

Manufacturers are also focusing on high-quality packaging to attract consumers. Similarly, acquisitions and new product developments will continue to shape the competitive landscape of the market. On these lines,

In March 2020, American manufacturers Olly Public Benefit Corporation launched its citrus gummy supplements in Singapore after acquiring Unilever Ltd. the previous year.

FMI’s report includes profiles of some of the most prominent names in the market including Pfizer Inc., Bayer AG, The Honest Company, Inc., Pharmavite LLC, Olly Public Benefit Corporation, Nutranext LLC, Hero Nutritionals LLC, Herbaland Naturals Inc., and Zanon Vitamec, among others.

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Key Segments

Nature:

• Organic
• Conventional

Customer Orientation:

• Children
• Adult

Packaging

• Bottles & Jars
• Stand-Up Pouches
• Others

Sales Channel

• Direct Sales
• Modern Trade
• Convenience Stores
• Departmental Store
• Specialty Store
• Drug Store/Pharmacies
• Online Retailers
• Other Sales Channels

Region:

• North America
• Latin America
• Europe
• Japan
• Asia Pacific except Japan (APEJ)
• Middle East and Africa

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Key Questions Answered in the Report

What is the citrus gummies market size?

The global citrus gummies market is expected to reach a valuation of US$ 341 Mn by 2027.

Which is the largest market for citrus gummies?

Europe is expected to maintain hegemony over the regional landscape through the course of the forecast period

Who are the citrus gummies manufacturers?

Key players operating in the market include Pfizer Inc., Bayer AG, The Honest Company, Inc., Pharmavite LLC, Olly Public Benefit Corporation, Nutranext LLC, Hero Nutritionals LLC, Herbaland Naturals Inc., and Zanon Vitamec among others.

Which is the preferred sales channel for citrus gummies?

The modern trade segment is expected to channel the majority of revenue to the citrus gummies market through the forecast period.

Valued at US$ 5.6 Billion in 2021, check how Plant Based Food Market is on the verge of explosive growth, in Future Market Insights latest blog

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The astaxanthin market is poised to scale impressive heights, registering a robust 13.8% value CAGR through 2030. Widespread usage across a range of industries is the primary growth driver for the market.

Astaxanthins are a group of carotenoids which contain high antioxidant properties. Therefore, they have proven beneficial in containing and preventing various ailments ranging from cardiac arrest and stroke to debilitating cancers. Additionally, they are also known to stop the progression of Alzheimer’s and Parkinson’s diseases respectively.

Astaxanthins are extensively utilized across the aquaculture, cosmetics, animal feed and nutraceutical industries due to their useful properties. Based on these projections, the global market is only set to accelerate in the near future, opening up lucrative revenue prospects for vendors.

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Global Astaxanthin Market- Key Takeaways

South Asia to emerge as a promising market, attributed to high demand for antioxidant and protein rich diets Algae and crustacean-based natural astaxanthins to enjoy popularity, capturing 16.5% market share by 2030 95-97% grade astaxanthin to be the chief ingredient across key application areas Major application is likely to be witnessed in the aquaculture segment Powdered astaxanthin to capture over 80% market share by 2030

COVID-19 Impact Analysis

The COVID-19 pandemic has brought the entire world to a standstill. While various industries are struggling to address revenue shortfalls, prospects for the astaxanthin market appear extremely bright in the near future.

Attributed to its anti-inflammatory and antioxidant properties, natural astaxanthin is slated to play a pivotal role in modulating the immune response by regulating cytokine release among COVID-19 patients.

Acute inflammatory disease such as sepsis and acute lung injury (ALI) is a systemic inflammatory syndrome induced by the infection and causes multiple organ failure in extreme cases. Thus, to combat this, natural anti-inflammatory astaxanthin compounds are being considered as a viable option to reduce organ damage.

Therefore, continuous research and development efforts by the medical fraternity is laying fertile ground for the astaxanthin market to flourish in the remainder of the pandemic’s duration.

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Key Segments

Source

• Natural
• Crustaceans

• Crabs & Lobsters
• Shrimps
• Prawns & Crawfish
• Others
• Microalgae

• Haematoccocus P.
• Chlorococcum
• Chlorella Zofingiensis
• Schizocytrium Genus
• Paracoccus
• Carotinifaciens
• Yeast/Fungi
• Synthetic

Grade

• > 98%
• 95-97%
• < 94%

Form

• Powder
• Liquid

Production Technology

• Chemical Synthesis
• Natural Extraction

Application

• Aquaculture
• Dietary Supplements
• General Wellbeing
• Eye Health
• Brain Health
• Immune & Digestive Health
• Bone & Joint Health
• Heart Health
• Other Supplements (Weight Loss, Allergies, etc.)
• Food & Beverages
• Personal Care & Cosmetics
• Skin Care
• Hair Care
• Pet Food
• Eye Health
• Brain Health
• Immune & Digestive Health
• Bone & Joint Health
• Others
• Animal Feed

Global/Regional Overview

• North America (U.S & Canada)
• Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
• Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia, Poland & Rest of Europe)
• East Asia (China, Japan & South Korea)
• South Asia (India, Indonesia, Thailand, Malaysia, Singapore, Philippines & Rest of South Asia)
• Oceania (Australia and New Zealand)
• Middle East & Africa (GCC, Turkey, Israel, South Africa and North & Central Africa and Rest of MEA)

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Key Questions Answered in the Report

How has the Astaxanthin Market fared in the past decade?

The global astaxanthin market was valued at US$ 282.9 Mn in 2010 and acquired a value of US$ 583.8 Mn in 2019. This upsurge was largely a product of rising awareness regarding potential antioxidant properties and effectiveness in eradicating chronic conditions.

What is the likely growth scenario for the astaxanthin market in the forthcoming forecast period?

According to FMI, the astaxanthin market is slated to expand at an astounding 13.8% CAGR in the 2020-2030. It is anticipated to reach a value of US$ 2.3 Bn by 2030-end.

What drivers underpin market expansion for the upcoming decade?

Transition towards natural therapeutic options to cure chronic ailments as well as increasing prevalence of sedentary lifestyles leading to habits such as smoking and alcohol consumption are expected to pivot the astaxanthin market growth in future.

Identify possible impediments or hindrances to market growth

Availability of plant-based alternatives and volatility in pricing are expected to restrain growth prospects for the market for the 2020-2030 forecast period.

What will be the impact of COVID-19?

Yes. The COVID-19 pandemic is expected to have an impact on the astaxanthin market. Various healthcare professionals are touting natural astaxanthins as the answer to inhibit the inflammation of respiratory organs by limiting cytokine secretion in infected patients.

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The Tallow Amine Market is expected to register a CAGR of 4% during the forecast period. The market share of tallow amine is estimated at US$9.3 billion in 2022 and is projected to reach US$13.77 billion by 2032. Moreover, the demand for tallow amine is increasing due to the fact that tallow amine is used as fuel and lubricant, dyes and pigments.

Tallow amines represents the wide range of non-ionic surfactants derived from animal fats i.e. tallow. Tallow is a hard fat is comprised of glyceryl esters of oleic, palmitic, and stearic acids. Tallow amines are hydrophilic surfactants with a weak ammonia smell.

Tallow amines are immiscible in water, and are easily dissolved in alcohols, chloroforms, benzene, and ethers. Animal fats are hydrolyzed to give mixture of fatty acids mainly comprised of palmitic, oleic, linoleic and myristic. These fatty acids are converted into amines by nitrile process.

Tallow amine is finding various applications in numerous industries. Tallow amines are widely used as cationic collector in mining industry, as an emulsifier and wetting agent in agrochemicals formulation. Tallow amines are also used as additives in fuel and lubricants.

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They are used as an additives in fuel & lubricants as well as dyes & pigments. Tallow amines are also used as corrosion inhibitors and thickeners for many industrial applications. Tallow amines are also finding its application is soaps formulation and leather dressing. In certain regions and countries such as France, there are regulations and bans being imposed on the tallow amine due to the uncertain health risks.

Tallow Amine Market: Dynamics

Changing farming techniques and advancement of the farming technology has reshaped the agriculture industry. Rapidly growing population has fueled the agricultural production across the world. Advancement of technology and agriculture science there is rise in the adoption of agrochemicals.

The up surging demand for high productivity or high agricultural yield is boosting the demand for agrochemicals, rising demand for agrochemicals will drive the growth of tallow amine market.

In this rapidly growing modern industrial there is substantial advancement in the technology and industrial activities. Advancement of technology is boosting the demand for efficient fuels and lubricants, growing demand for fuel and lubricants will positively influence the tallow amines market.

Rising urban population and increasing GDP growth has increased the construction activities and infrastructure spending, Increasing demand for asphalt boost the growth of tallow amine market. Growing Textile as well as Paints & Coatings industry will have a positive impact on the tallow amine market.

Rapid industrialization across the globe is increasing the mining and exploration activities around the world, growth of mining industry will fuel the demand for tallow amine. Increasing number of regulations and imposition of ban on certain types of tallow amine in certain regions will hamper the growth of tallow amine market.

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Tallow Amine Market: Key Participants

Examples of some of the market participants operating in the global Tallow Amine market are:

Kao Chemicals, Oriental Union Chemical Corporation, SINO-JAPAN CHEMICAL CO.,LTD.,JiangYin HuaYuan Chemical Co.,Ltd., Lantian Finechem, Shandong paini Chemical Co., Ltd., Shandong Kerui, Prasol Chemicals Pvt Ltd., and Huntsman International LLC among others.

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

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

Key Segments

By Grade:

• Reagent Grade
• Industrial Grade

By Form:

• Solid
• Liquid

By Application:

• Emulsifier
• Cationic collector
• Additives
• Anti-caking agent
• Corrosion inhibitor
• Thickener
• Anti-static agent

By End-Use:

• Mining
• Fuel & Lubricants
• Construction
• Dyes & Pigments
• Agrochemicals
• Others

Tallow Amine Market: Regional Outlook

Agrochemicals and dyes & pigment production activities are growing in the Asia Pacific region. Also, in Asia Pacific there is significant rise in construction activities and infrastructural development, especially in the developing countries such as China & India.

Rising mining activities coupled with above factors is estimated to make Asia Pacific a prominent market region for tallow amine market. Despite being the matured market Europe and North America can be considered as potential market regions owing to increasing demand for fuel & lubricants, dyes & pigments and rising construction activities.

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The regions of Africa are very rich in terms of natural resources reserves and there are several countries in Africa which have untapped natural resource reserves, owing to which there is substantial number of mining activities ongoing in Africa, also there is rise in the number of agrochemical industry in the regions such as Middle East and Africa, owing to which Middle East and Africa can be considered as promising market for tallow amine.

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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As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global bulk food ingredients market reached US$ 771.6 Bn in 2021. Increasing demand for instant foods and ready meals is anticipated to propel sales, enabling expansion at a healthy 5.20% CAGR.

According to the study, bulk food ingredients market bore ominous losses in 2020 due to lockdown restrictions imposed to control the COVID-19 outbreak. However, sales are anticipated to recover at a steady pace, with a 4.90% year-over-year growth projection for 2020-2021.

Increasing urbanization in emerging economies is creating room for innovation in the packaged food industry. This factor is encouraging food producers to launch new products aligned with fluctuating consumers’ preferences, thereby spurring demand for high-quality bulk food ingredients.

In addition, growing consumers’ preference towards plant-based ingredients and cleaner labels is shaping the demand outlook for high-quality bulk food ingredients. Emergence of diet concepts such as vegan, keto and glutton-free will further spur demand for superior processed food products. In response to this, demand for high-quality bulk food ingredients is anticipated to rise during the assessment period.

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Besides this, high consumption of ready meals due to hectic schedules and increasing per capita expenditure are urging brands to expand production operations to meet the growing consumers’ demand, which in turn is augmenting the bulk food ingredients market growth.

“Convenience and longer shelf life associated with packaged food are propelling sales in the market. Apart from this, sales of bulk food ingredients through online channels, along with demand for gourmet and ready-to-eat meals will continue augmenting market growth,” says the FMI analyst.

Key Takeaways:

Based on product type, processed herbs & spices will account for maximum revenue during the forecast period. Applications of bulk food ingredients in ready meals will continue gaining traction. The U.S. is anticipated to witness high demand for bulk food ingredients, owing to the presence of key stakeholders in the country. Growth prospects in the U.K. are projected to be positive, due to high preference for gourmet sauces and condiments. China is projected to emerge as a lucrative market with increasing sales of instant global foods. Demand for bulk food ingredients in India is expected to witness an uptick, owing to increasing adoption of ready to eat meals. Japan and South Korea will account for 6.2% and 4.8% of the total market share respectively.

Competitive Landscape

DuPont, Archer Daniels Midland Company, Cargill Foods Inc., Tate & Lyle PLC, Associated British Foods plc, Olam International, Ingredion Incorporated, EHL Ingredients, Wilmar International, Suntory, Koninklijke DSM N.V., Symrise AG, Kerry Group Plc, Bunge Limited, Ajinomoto, George Weston, Sysco Corporation, Conagra Brands and Kirin Holdings and CHS Ltd. are among the leading players operating in the bulk food ingredients market.

As a part of their growth strategies, key stakeholders in the bulk food ingredients market are enhancing their product portfolios to improve sales. Besides this, mergers, acquisitions, and production facility expansions will gain high significance during the forecast period. For instance:

In April 2021, Olam Food ingredients acquired Olde Thompson, a private label manufacturer of dry spices and seasonings, from private equity firm Kainos Capital for US$ 950 Mn. The acquisition marked a 15-yearlong partnership with Olde Thompson to supply premium retail spice solutions to major US retailers. In July 2021, Ingredion, Inc., unveiled a new textured protein at the Institute of Food Technologists’ FIRST virtual conference. The company added VITESSENSE TEX Crumbles 102 protein to its wide range of plant-based solution for the United States and Canada.

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Bulk Food Ingredients Market by Category

By Product Type: 

• Vegetable Oil
• Sea Salt
• Sugar & Sweeteners
• Tea, Coffee & Cocoa
• Flours
• Processed Grains, Pulses & Cereals
• Dried Fruits & Processed Nuts
• Processed Herbs & Spices

By Application Type:

• Bakery & Confectionery
• Beverages
• Meat & Poultry
• Sea Food
• Ready Meals
• Dairy Products
• Snacks & Savory
• Sauces & Dressings and Condiments
• Frozen Foods

By Region:

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

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Key Questions Answered in the Report

What is the current bulk food ingredients market value?

The bulk food ingredients market reached a valuation of US$ 771.6 Bn in 2021.

At what rate did the bulk food ingredients market grow between 2016 and 2020?

The bulk food ingredients market experienced modest growth, exhibiting a 4.30% CAGR between 2016 and 2020.

What are the key trends driving bulk food ingredients sales?

Growing demand for instant food products and ready meals, coupled with longer shelf life and convenience offered by processed food is driving the bulk food ingredients market.

Who are the leading players in the Bulk food ingredients market?

Leading players operating in the bulk food ingredients market include DuPont, Cargill Foods Inc., Archer Daniels Midland Company, Associated British Foods plc and Koninklijke DSM N.V.

What is the current market share of Japan and South Korea in the global bulk food ingredients market?

Japan and South Korea will collectively account for 6.2% and 4.8% of the total market share respectively.

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The global plant based chicken market is poised to reach US$ 8 Bn by 2030-end, registering double-digit growth from 2020-2030, according to ESOMAR-certified Future Market Insights’ (FMI) latest report on the subject.

Growing concern for animal welfare is bringing about a paradigm shift in consumer eating habits. Initiation of mass level awareness campaigns combined with tough legislations prohibiting or limiting animal slaughter across several countries is primarily fueling growth of the market.

Furthermore, consumers are willingly substituting meat products with meat analogues, attributed to rising awareness about the ill-effects of excessive meat consumption on human health.

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COVID-19 Impact Insights

The food & beverages domain stands to gain the most out of the crisis, with demand for plant-based foods experiencing steep incline. Increasing apprehension among consumers about the possible spread of COVID-19 through animal-based food products is stimulating demand for vegan alternatives.

This surging requirement for clean label and naturally derived foods is catapulting the plant based chicken market. Demand is especially strong across the United States, Brazil and India, as they have the highest number of COVID-19 infections. Therefore, people are altering their dietary preferences, prompting manufacturers to increase their presence.

Competitive Scenario

The plant based chicken market is highly competitive, interspersed with the presence of numerous regional and global players. Prominent players profiled in the report include Impossible Foods, Gardein (Conagra Brands), Atlantic Natural Foods LLC, Beyond Meat, Puris Proteins LLC, Tyson Foods Inc., and CHS Inc.

In July 2016, Impossible Foods made its debut by introducing the world’s first meat analogue product titled the Impossible Burger, which is derived primarily from plant-based products. The production process involves 95% less land and 74% less water usage.

Likewise, Gardein by Conagra Brands markets products such as Chick’n and Turk’y, Beefless and Porkless, Fishless and Plant-Based Jerky. Such a wide product offering has enabled the company to capture a large customer base. It also runs the ‘Meatless Monday’ program.

In December 2019, Atlantic Natural Foods announced the launch of its award-winning plant based Chipotle Bowl Meal Solution in over 500 Costco stores throughout North America. This introduction helped the company achieve 100% growth for the FY 2019-20.

In July 2019, Dunkin Donuts announced it would be selling breakfast sandwiches using Beyond Meat’s Meatless Sausage line of products throughout Manhattan, New York City. The company also launched an e-commerce website in 2020 to increase its virtual presence.

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Key Segments

Product Type

• Burger Patty
• Crumbles & Grounds
• Sausages
• Hot Dogs
• Nuggets
• Bacon Chips
• Deli Slices
• Chunks & Tips
• Shreds
• Cutlet
• Strips, Tenders & Fingers

Source

• Soy-based Protein
• Wheat-based Protein
• Pea-based Protein
• Canola-based Protein
• Fava Bean-based Protein
• Potato-based Protein
• Rice-based Protein
• Lentil-based Protein
• Flax-based Protein
• Chia-based Protein
• Corn-based Protein

Distribution Channel

• Retail

• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Food Stores

• Online Retail
• HoReCa (Food Service Sectors)

Region

• North America (U.S & Canada)
• Europe & MEA (Germany, U.K., Italy, France, Spain, Rest of Europe & MEA)
• Latin America (Ex. Mexico) (Brazil & Rest of Latin America)
• Asia-Pacific (Greater China, South East Asia, Japan, South Korea, India and Australia & New Zealand)

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Key Questions Answered in the Report

How will plant based chicken market expand from 2020-2030?

The global plant based chicken market will reach US$ 8 Bn by 2030. Growth is underpinned by growing preference for plant-derived foods for maintaining good health. The market is set to register double-digit growth

What are the primary growth driver(s) of the market?

Increasing concerns regarding animal welfare combined with the emergence of the meat 2.0 revolution are expected to provide maximum traction to the global plant based chicken market in the forthcoming decade

What challenges are plant-based chicken market players facing?

Several analysts and critiques have highlighted the fact that plant based meat products are over-processed and manufactured from GMOs, thus posing a major threat to human health and environment. These products are alleged to increase saturated fat content which may prove harmful for the body

Which are the prominent players in the market?

Prominent players in the plant based chicken landscape are Ingredion Inc, Atlantic Natural Foods, LLC, Beyond Meat, Inc., Impossible Foods, Inc., CHS INC, Puris Proteins, LLC, Tyson Foods, Inc., and Gardein by Conagra Brands.

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant based market blog

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The global Electrical Enclosure market is estimated to have been valued at US$ 6,161.0 Mn at the end of 2017 and is expected to reach US$ 10,370.0 Mn by the end of 2028 while expanding at a CAGR of 4.9% over the forecast period. The global Electrical Enclosure market is anticipated to represent incremental opportunity of US$ 3,940.2 Mn between 2018 and 2028. Some of the end-use applications considered in this report on electrical enclosures include industrial, commercial and residential sectors.

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An electrical enclosure is a container/ box that encloses electrical connections for safekeeping as well as to ensure the safety of the general public. The whole point of an electrical enclosure box is to keep wires safe, free from dirt and dust and secured.

Rapid Growth of Renewable Power Generation Key Growth Driver

Most of the end users are now shifting their focus to alternative forms of power or energy rather than depending on energy generation by fossil fuel operated power generators. These alternative forms of energies – for instance, wind power, solar power and other forms of renewable energy are gaining popularity among all types of end users. Additionally, carbon emission and dependency on fossil resources is increasing day-by-day.

Thus, in order to control this dependency, usage of renewable energy sources such as wind and solar energy is likely to be the new trend in the energy and power industry. Establishment of these power generation facilities will increase the demand for electrical enclosures in the upcoming years. Many countries such as the U.K. and Germany among others, are planning to adopt renewable energy sources, which is expected to further increase the demand for electrical enclosures for transmission and distribution.

Capacity Addition Plans and Installation of New Grids to Power the Electrical Enclosure Market

The governments of various countries have planned to make huge investments on numerous projects to provide better electricity services. For instance, the government of Russia has devised plans such as the GOELRO plan, Russian SFSR Electrification Plan, and Railway Electrification Plan among others, for establishing new power grids to provide electricity in the rural areas of the country.

These plans are being supported by the State Commission for Electrification of Russia. Also, the government is focussing on installing new transmission lines in order to create a national grid and also to develop railway electrification, which will in turn boost the demand for electrical enclosures. These planned investments across various sectors such as infrastructure, power, and railways among others, will drive significant growth in the electrical enclosure market.

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Need for Integration of Grid Infrastructure

Increasing transmission and distribution activities across the globe have increased the demand for installations of enclosures, which in turn, is driving the market of electrical enclosures. Transmission and distribution expansion, along with urbanisation, is necessary for the development of industrial and manufacturing sectors.

Some countries, such as GCC countries and Turkey have the potential to become the hub for many manufacturing industries, which will increase the demand for electrical enclosures owing to rapid industrialisation. By material type, metallic enclosures will witness supreme demand as they have a longer life and reduce the risk of fire hazards. Climate control enclosures can work in extreme climatic conditions and are ideal for use in several regions, thereby driving demand in the global market.

Segmentation Analysis

The electrical enclosure market is segmented on the basis of product type into junction enclosure, disconnect enclosure, operator interface enclosure, environment and climate control enclosure and push button enclosure.

On the basis of product type, the junction enclosure segment is anticipated to continue to dominate the global market in terms of value over the forecast period. The junction enclosure segment is estimated to grow at a relatively high CAGR as compared to other types over the forecast period. It is expected to represent a total incremental opportunity of US$ 1,691.2 Mn between 2018 and 2028.

By Segmentation:

Corn Silage is a common ingredient in the diet of dairy and beef cattle. Corn Silage is a carrier of nutrients required by the cattle. It is being used extensively among ruminants because of its high energy content and easy digestibility. Corn Silage that is harvested late and that has brown and dead leaves makes a good quality of silage. Besides this, the corn crop that is damaged due to drought or high temperatures can also be used for silage.

India, which is the largest producer and consumer of milk, producing 186 million tons of milk and consuming 77.7 million tons, is also one of the largest exporters of milk. For such countries, a large portion of the economy relies on milk production, consumption, and export, and therefore is very essential to keep the quality and nutrient value of the product intact.

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Corn Silage helps the milking cattle to gain those nutrient content. Listed factors are expected to boost the corn silage market growth over the forecast period.

Increasing Demand for Corn Silage due to Associated Health Beneficial Factors

Countries like India, European Union, and the United States are the largest producers of milk and therefore has a large number of cattle to feed. To produce high nutrient content milk, the cattle need high content feed and forage. It is very important for these economies and manufacturers to maintain the good quality and nutrient content of milk in the highly competitive market.

As awareness of nutrient content of ingredients is increasing among consumers, producers are also very attentive and are careful of the feed of their cattle. And, for maintaining the nutritious value of the milk demand of Corn Silage is increasing.

Corn Silage once prepared can be stored with the shelf life of around two years with more nutrition value than other fodder. Many countries are facing severe drought conditions due to climate change and hence there uneven production of fodder for cattle around the world.

Owing to the benefits and better choice for reducing the gap between demand and supply and enhancing the economy Ministry of Agriculture and Farmers Welfare, Government of India in the 5th edition of India Maize Summit, 2018 announced PPP (Public-Private Partnership) opportunities for establishing maize-based silage units. This step has opened many investment opportunities in the corn silage market, indicating the need and demand of Corn Silage in the global market.

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Key Players of Corn Silage

• United Agro Feeds
• BF Global Trading Pty Ltd
• Krishna Multicomm Private Limited
• Lakkavaram Silage Fodder Pvt. Ltd.
• Qadir Exports
• Explore Enterprise,
• Ambica Enterprise
• Bac Quang Trading Investment JSO
• Gralimex Import Export Joint Stock Company
• Palaya Eco Natural Farm Corporation
• Pt. Arkananta Lestari Energina
• AMT InternationalHang Xanh International Co. Ltd.
•  Nong Trai Xanh

 Innovations and Development in Global Corn Silage Market

As of now, there is no major supplier for Corn Silage as corn farmers directly sell it to cow-keeper as feed. This can also cause inconsistent feed with uneven distribution of nutrients. Manufacturers have identified this as an opportunity to supply Corn Silage as a feed for milking and beef cows to provide them with essential nutrients.

Manufacturers are aiming at producing high-quality silage which is fermented, high moisture content. This helps in reducing the volume of feed hence lessening the cost to store feed and restore all the essential nutrients required by cattle and sheep.

Manufacturers are acquiring state-of-the-art technology for 100% computerization and procedure control mechanism for keeping up the consistent quality and nutrition value throughout all the batches of silage. These technologies are partnered up with government institutions for striving up the dairy market and countries economy.

The Report Covers Exhaustive Analysis on

• Corn Silage market segment
• Corn Silage market dynamics
• Corn Silage market size
• Corn Silage supply and demand
• Current trends/issues/challenges pertaining to Corn Silage market
• Competition landscape and emerging market participants in Corn Silage market
• Technology related to production/processing of Corn Silage
• Value chain analysis of the Corn Silage market

Regional Analysis Includes

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

The Corn Silage market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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Corn Silage: Market Segmentation

Based on End Use:

• Milking Cattle
• Beef Cattle

Based on Type:

• Brown Mid-Rib
• Conventional Field Corn
• Leafy

Based on Nutrients:

• Net energy for lactation (NEL)
• Rumen degradable protein (RDP)
• Rumen undegradable protein (RUP)
• Effective neutral detergent fiber (eNDF)

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Global Duckweed Market Size reached a valuation of USD 68.7 million in 2022. Expansion of nutritional value and wide range of applications are expected to be the main growth drivers of the market. Total Sales of Duckweed are expected to increase at a strong CAGR of from 10 .6%between 2022 and 2032 with a total of US$ 188.2 million by the end of 2032.

Duckweed is a species of plant with small round leaves floating on the surface of the water.  It has a high growth in nutrient-rich water and is commonly present in garden ponds.

Since duckweed is a plant based platform and it does not support the growth of bacteria, viruses or prions, so it provides a high degree of safety from product contamination relative to the animal based platform. Duckweed is also edible by humans and other animal species such as chickens and pigs.

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Duckweed Market Drivers and Trends:

One of the biggest driver for Duckweed market is its use in animal feed industry, aquaculture, as well as emerging food product for humans. It is a high protein food with protein percentage ranges from 25%-45%, which is considered better than that from Soybean meal with 36% protein content. Under suitable conditions it grows more than double in 36 hours making it ideal for quick reproduction to cater to potential demand.

Duckweed grows on the surface of water covering the entire area which prevents sunlight and oxygen supply on one hand, and simultaneously saves excess water from evaporation. Duckweed also acts as a cost effective renewable energy since it’s a bio fuel and so is very useful for industries. Some of the key properties include food product, animal and aquatic feed, waste water treatment, fertilizers, medicinal properties, mosquito repellent, removal of heavy metals from water among others. Duckweed tends to become an alternative to industrial corns and other similar food items, as it is used as a food for ruminants.

Duckweed Market Segmentation:

The duckweed market is segmented on the basis of form, end use, application, and product type.

On the basis of form, the duckweed market is segmented into powder, oil, and paste. On the basis of end use, the duckweed market is segmented into the household, HoReCa, Food and beverages, Aquaculture industry, the pharmaceutical industry, and other industries.

On the basis of application, the duckweed market is segmented into food, animal and aquatic feed, dietary/health supplement, biofertilizer, biofuel, water treatment, etc. On the basis of product type, the duckweed market is segmented into little duckweed (Lemna minor), Thick duckweed (Lemna Gibbs), Cross duckweed (Lemna Priscila) and Great duckweed (Lemna polyuria). Each of these types possesses different biological features which further decide the usage of the type.

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Duckweed Market Regional Outlook:

The regional segment for the market of duckweed is divided into seven different regions: Western Europe, North America, Eastern Europe, Latin America, APEJ, Middle East & Africa and Japan. Duckweed is native to most of the regions of Africa, Asia, North America and Europe, and so its usage in these regions is on the peak. There is heavy usage of duckweed in Asia Pacific, it has been mainly used for animal feeding and human consumption.

In developed regions, duckweed is utilized for wastewater treatment, as it is a cheaper technique than traditional. Countries such as the US are pursuing their scientific researches to determine if duckweed can be used as a source of economic, clean renewable energy and thus trying to lift duckweed market.

Duckweed Market Key Players:

Some of the key player in the Duckweed market includes Parabel, Green Orchid Nursery & Garden Center, Australlian Aquatic Solutions, etc.

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

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The report covers exhaust analysis on:

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

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance

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 global citrus water market is projected to reflect strong growth in 2020 in spite of the widespread coronavirus outbreak. While lockdown restrictions have limited demand from the food service sector, lucrative opportunities have arisen for the short-term owing to the demand for functional beverages during the crisis period.

As per Future Market Insights (FMI) analysts, demand for citrus water will remain strong through 2028. Growth will be driven by clean label and health food trends.

Consumers are displaying increased interest in natural, and clean label beverage products, even as they transition away from conventional beverages such as sweetened carbonated drinks. Concerns associated to lifestyles ailments such as diabetes and obesity are contributing to the demand for functional beverages including citrus water.

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However, growth of the industry is likely to be hindered by factors such as higher cost of citrus water in comparison with conventional drinks, competition from homemade versions, and the consumer skepticism on health benefits of citrus water. Also, fluctuations in the yield and prices of citrus fruits owing to environmental factors could adversely affect the market in the years ahead.

The market report by Future Market Insights has contributed a detailed analysis of the industry, including key market influencers. Some of the top takeaways of the report are:

The citrus water market has been estimated to be valued at 6.7 billion in 2020, with growth remaining largely unaffected by the covid-19 outbreak and relevant restrictions on the food service industry. Premium citrus water products will surpass economic alternatives during the forecast period, owing to improvements in ingredient quality, coupled with higher disposable incomes. Tins are gaining attention from manufacturers as an increasingly popular packaging format for citrus water.

However, conventional plastic bottles will remain dominant through 2028 supported by costs and logistical benefits. North America is currently a frontrunner in the global market, aided by the presence of leading market players, and higher consumer awareness. However, Europe, is expected to surpass North America by the end of the projection period, supported by robust retail distribution channels, and demand for functional beverages.

Covid-19 Effect on Citrus Water Market

The citrus water market is expected to continue an upwards trajectory, albeit slower through 2020, despite the threat of the ongoing coronavirus outbreak, reflecting a growth rate of 15.2% in 2020. The lockdown restrictions on the food service industry has been a major challenge for manufacturers, affecting demand in the short term.

On the other hand, the market has also witnessed some lucrative growth opportunities, as consumers seek to stockpile on food, beverages, and other essentials, with higher focus on functional foods and drinks to bolster immunity function during the crisis.

The market is likely to display higher growth towards 2021 as citrus water manufacturers are investing in new processing and packaging technologies, in line with sustainability initiatives, and changes in consumer preference towards natural and clean label products.

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Who is Winning?

In a new report, Future Market Insights has made an in-depth scrutiny of business strategies being used by leading producers in the citrus water market. Leading manufacturers in the industry are emphasizing on product development and launch strategies, aimed towards the development of a larger flavor portfolio to appeal to wider consumer demographic.

Some of the top citrus water market players include Danone S.A., Nestle S.A., The Coca Cola Company, PepsiCo Inc., Suntory Beverages & Food Ltd., Super bock Bebidas, and Icelandic Water Holdings ehf among others.

Key Segments

Product Type

• Economic
• Premium

Source

• Lemon
• Orange
• Lime
• Grapefruit
• Mixed

Packaging Format

• Glass Bottles
• Tins
• Plastic Bottles
• Other

Distribution Channel

• Modern Trade
• Specialty Stores
• Convenience Stores
• Commercial Market
• Hotels/Restaurants/Bars
• Online Retailers
• Others

Regional Outlook

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Chile, Argentina, and Rest of LATAM)
• Europe (Germany, U.K., Russia, France, Italy, Rest of Europe)
• Japan
• Asia Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand, and Rest of APEJ)
• Middle East & Africa (GCC Countries, South Africa, North Africa, Rest of MEA)

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Frequently Asked Questions

• What is the size of the citrus water market?
• Which is the largest market for Citrus water?
• Which are the top companies in global citrus water market?
• What Sources are Used to Produce Citrus Water?
• What packaging formats are popular for citrus water products?
• What is the outlook of Europe in the Citrus water market?

How is the plant-based industry transitioning from a niche sector to a mainstream industry? Get the answers in Future Market Insights plant based market blog

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

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