Veneer Sheets Market to Reach US$ 41,163 Mn, Globally, by 2031 at 2.3% CAGR | Says FMI Analyst

As per FMI analysis, the global veneer sheets market is projected to reach a market value of US$ 41,163 Mn by 2031, growing at a CAGR of 2.3% during the forecast period of 2021-2031. In a new study, FMI has forecast the market to reach US$ 33.37 Bn by 2021.

Steady growth registered by the veneer sheets market is attributable to consistently rising demand from commercial and residential construction. Growth forecasts continue to stay positive, albeit moderate because some of the established markets have been reaching maturity.

For instance, despite recovery post COVID-19 in 2020, Europe will continue exhibiting moderate growth through the forecast period. Veneer is a very thin coating used on the surface of the solid material. Veneer sheets are often glued to a solid material so that an otherwise dull piece of furniture can be made to appear elegant in a cost-effective manner.

Moreover, applying a layer of veneer increases the durability of furniture, which makes veneer sheets highly sought-after in the construction sector.

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Although the market for veneer sheets is projected to rise consistently, the COVID-19 pandemic is expected to have a major impact on short-term demand pattern. COVID-19 pandemic also has compelled manufacturers to revisit strategies adopted for expansion to ensure steady growth in the near future.

Also, delays caused in building projects and manufacturing process have contributed to a decline in demand for sheets of veneer. Nonetheless, with economies returning to normalcy post extended lockdown period, sales of veneer sheets are expected to pick up, especially in the residential sector, which has also been identified as leading end-use in the report. FMI has predicted it to account for nearly 65.5% of the market in 2021.

Key Takeaways from Veneer Sheets Market Study

  • Veneer sheet market will pick up pace post decline registered in 2020. FMI has projected the market to record 1.5% Y-o-Y growth in 2021
  • The U.S. will continue leading the market in North America, accounting for 80.9% share in 2021
  • The U.K. is projected to record growth at 1.0% in 2021
  • Germany and France will remain key markets for veneer sheets in Europe
  • Germany and France will continue exhibiting high demand, with Germany forecast to remain dominant in Europe through 2031
  • Japan and South Korea to remain lucrative markets in East Asia. Among these countries, South Korea will exhibit high growth over the forecast period

“Product differentiation is one of the key strategies adopted by the market players. They are focusing on introducing a wide range of veneer sheets, designed keeping in mind specific applications as per consumer requirement,” said a lead FMI analyst.

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Veneer Sheets Market: Participant Insights                                                    

Some of the leading companies operating in veneer sheets market are GREENLAM INDUSTRIES LTD., Sauers & Company Veneers, Oakwood Veneer Company, Veneer Technologies, Inc, FormWood Industries, Inc., Turakhia Overseas Pvt. Ltd., CEDAN INDUSTRIES, CENTURYPLY, Ltd,   Herzog Veneers, Inc., Ltd, SR Wood, Ltd, Pearlman Veneers and Flexible Materials Incorporated. These companies are focusing on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

Key Segments

Product Type

  • Paper-Backed
  • Wood-Backed
  • Phenolic-Backed
  • Laid-Up
  • Others

End Use

  • Commercial
  • Residential

To Know More about Veneer Sheets Market

A new market research report published by Future Market Insights (FMI) on the global Veneer Sheets market report offers in-depth insights into the market demand trends and assessment of opportunities during the forecast period.

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The report analyses the Veneer Sheets market through three different segments- product type, end-use, and region. The Veneer Sheets report also offers detailed analysis of pricing analysis by different product types demand across various end-use industries, and patent analysis in the market.

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Crude Sulfate Turpentine Market Product Portfolio, Study on Growing Demand & Consumption-2031

Crude sulfate turpentine market players are shifting their focus towards emerging economies that are fast becoming opportunity hotbeds for various factors. Crude sulfate turpentine companies are implementing robust go-to-market strategies such as collaborations, partnerships, mergers, and divestitures in addition to focusing on organic growth. FMI projects global crude sulfate turpentine products volume to rise at 4.8% CAGR through 2031.

What is 2021-2031 Growth Forecast in Comparison to 2016-2020 Crude Sulfate Turpentine Market Outlook?

Key players in global crude sulfate turpentine market are focusing on strategic collaborations with local distributors to reach large consumer base in emerging countries. Increasing demand for cosmetics and personal care products is creating opportunities for new players in Asia Pacific for crude sulfate turpentine market.

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Revenue from the sales of personal care products and natural ingredients has been forecast to increase substantially in countries like China, India, Japan and Southeast Asia over the period. Driven by this, Future Market Insights projects the crude sulfate turpentine market to remain steady, exhibiting growth at 5.4% CAGR between 2021 and 2031 in comparison to the CAGR of 4.1% posted between 2016 and 2020.

Among product types, alpha-pinene, being the primary chemical constituent of cypress, rosemary, juniper berry, frankincense and helichrysum essential oils, is being widely used in the cosmetics industry. It also offers a range of benefits for skin and oral health and support immune and respiratory system functions. It can

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Why is Crude Sulfate Turpentine Gaining Traction as a Solvent or Cleaning Agent for Paints and Varnishes?

Crude sulfate turpentines are most widely used as paint thinner in both household and artistic coatings. Turpentine was used before to dilute printer’s ink. Now with growing demand from industries, it has become a solvent or diluent for various products, like natural or modified binders, resins, oils, paints and polishes.

In other oil-based paint and coating formulations, peroxidation of terpenes derived from turpentine accelerates drying of oils and other film formers.  All these factors are making crude sulfate turpentine a key ingredient in paints and varnishes.

How is Demand in Pharmaceutical Industry Driving Crude Sulfate Turpentine Sales?

Being a powerful bronchodilator, alpha-pinene type of crude sulfate turpentine is found in essential oils industry distinctly. It is highly bioavailable, shows effectiveness in human pulmonary uptake, and can be metabolized quickly. It also acts as a supplement in many dementia drugs by inhibiting cholinesterase and enhancing cholinergic activity, when used only in small concentrations.

Drugs that have alpha-pinene constituent are sometimes administered to protect pancreas and lungs against infection. Alpha-pinene can reduce the production of TNF-alpha, which is the pancreatic tumour necrosis factor. Also, it can inhibit some cell deaths hence it may be used for treatment in pancreatic cancer. These factors are boosting the use of crude sulfate turpentine in pharmaceutical industry.

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Country-wise Insights

Did FDA Approval of Turpentine in Different Industries Help in Driving Crude Sulfate Turpentine Sales in the U.S.?

According to FMI, the U.S. is a dominant market for crude sulfate turpentine and it is also expected to exhibit high growth over the forecast period. According to the latest study, sales in the U.S. is estimated to account for more than 94.2% of the North America market in 2021.

As FDA approved turpentine spirits and listed it as an active ingredient in various drug products formulations, it unfolded scope for increasing application of crude sulfate turpentine products in pharmaceutical industry. It is being used for nasal drug products, cold and fever treatments, expectorant drug products, oral menstrual drug products, drug products related to insect bites and more.

Crude sulfate turpentine also has emerged as an ingredient used in food applications. It has been listed as a natural flavoring substance by FDA and its use also is allowed in adhesives for food packaging.

Terpene resins and hydrocarbons can be used in polypropylene or polyolefin films for use in food packaging industry. Surging applications across diverse industries will continue pushing sales in the U.S.

Category-wise Insights

Which Product Type of Crude Sulfate Turpentine is in High Demand?

Alpha-pinene and beta-pinene are employed as anti-inflammatory agent and flavoring agents. They are expected to account for 52.6% and 18.8% of the overall market respectively in 2021. Use of alpha-pinene is rising in skin care products, while beta-pinene is being explored for a wide range of medical and health benefits.

Alpha-Pinene and beta-pinene also are used in the flavor industry. Their application to synthesis terpineol, linalool, and other sandalwood fragrances is rising as well. They are used for flavoring of daily chemicals as well.

Brands often use alpha-pinene and beta-pinene as a flavoring agent commercially and in oil diffusers. Not only the flavor profile of alpha-pinene is sharp with hints of cedarwood and pine, but it displays unique therapeutic effects also which contributes entourage effects of cannabis-based medicinal extracts.

Manufacturers are not limited to only natural medicines when it comes to crude sulfate turpentine application. Being flexible in synthesis of polymers; they are often used for producing better quality polymers. Pinenes safety profile is also considered outstanding, thus allowing their usage in several chemicals, considered as Generally Recognized As Safe (GRAS).

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Competitive Landscape

Ongoing trend of using ingredients derived from renewable sources in various applications and rising cognizance among consumers about the use of crude sulfate turpentine in pharmaceuticals are pushing the demand in global market. Consumers are becoming more aware about the product, which is encouraging the manufacturers to focus more on the market.

For instance-

  • Kraton Corporation has gained momentum in the market despite of COVID-19 induced challenges and has became one of the prominent manufacturers and suppliers of crude Sulfate turpentine with a significant share. They now serve more than 800 customers in over 70 countries worldwide across a diverse range of end markets.
  • In 2017, Ingevity Corporation announced it for an agreement with Georgia-Pacific worth US$ 315 Mn while acquiring Georgia-Pacific’s pine chemicals business. The acquisition is subject to certain regulatory approvals and other customary closing conditions.

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By Product Type:

  • Beta-Pinene
  • Camphene
  • Limonene
  • 3-Carene
  • Terpinolene

By Source:

  • Powder
  • Oil

By Processing Method:

  • Steam-Distilled
  • Destructively-Distilled
  • Sulfate-Distilled
  • Sulphite-Distilled

By Application:

  • Printing Industry
    • Paints
    • Printer’s Ink
  • Veterinary Medicine
    • Stimulant Diuretic
    • Anthelmintic
    • Carminative
    • Expectorant
  • Cosmetics and Personal Care
    • Fragrances
    • Cosmetics Products
    • Massage oils and Aromatherapy
  • Tires Industry
  • Plastic industry
  • Rubber Industry
  • Others

By Region:

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

About FMI

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

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Wine Extract Market Research Report with Product Portfolio, PESTLE and Porter’s Analysis-2032

The wine extracts market is estimated at $43.6 million by 2022. According to the report, sales of wine extracts are expected to grow at a CAGR of 5.20% and reach an estimate of US$66.3 million in 2032.The increasing application of wine extract in cosmetics and dietary supplements is expected to increase the demand for wine extract and ultimately boost the growth of the global wine extract market. As we all know, red wine is an alcoholic beverage made by crushing different types of black and red grapes with the help of fermentation method.

Wine is a type of wine which is being extracted by crushing different varieties of black grapes and fermenting it. The color of Wine depends on the type of grape that are selected for crushing process, the color may range from intense violet color to brick red color. Due to antioxidant properties of Wine, it has been known for its benefits regarding resveratrol.

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Market Regional Outlook 

Regional segment for the market of Wine Extract is divided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan. Among these segment North America is expected to have the major market share globally, as it is the largest producer and consumer of Wine Extract.

In Asia Pacific region the countries like China and Australia are generating the major revenue. In terms of revenue Latin America is the second prominent contributor in the Wine Extract market.

Market Drivers 

The rise in demand for anti-ageing cream is expected to drive the growth of global Wine Extract market. Wine Extract is not only a rich source of resveratrol but it also exhibits some special properties such as Stimulates eNOS activity, Prevent clotting of blood, prevents the oxidation of LDL cholesterol and reduces the risk of Alzheimer’s disease.

It also helps in reducing obesity and slowing the rate of aging. These versatile properties of Wine Extract is attracting attract pharmaceutical segment as well, which will defiantly drive the Wine Extract market to a greater extent. Moreover, the market is also driven by the increasing awareness among the consumers about the health benefits associated with Wine Extract.

Although Wine Extract has anti- cancer benefits, but research has found that it can promote breast cancer. Another worrying fact about Wine Extract is that it acts as an anti-coagulant, if a person takes prescribed blood thinner along with the Wine Extract he may lead to excessive bleeding. This property can actually be a restrain to the growing market of Wine Extract.

Market Key Players 

Some of the key players in Wine Extract market areS EPPIC Inc., Hangzhou Greensky Biological Tech. Co., Ltd., Diana Naturals Inc., Xi’an Chinwon Biotech Inc., GRAP’SUD, Diana Naturals Inc, Ethical Naturals, Inc., and VDF/FutureCeuticals, Inc.

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The report covers exhaustive analysis on 

  • Wine Extract Market Segments
  • Wine Extract Market Dynamics
  • Historical Actual Market Size, 2015 – 2016
  • Wine Extract Market Size & Forecast 2017 to 2027
  • Wine Extract Market Supply & Demand Value Chain
  • Wine Extract Market Current Trends/Issues/Challenges
  • Wine Extract Market Players Competition & Companies involved
  • Wine Extract Market Technologies
  • Wine Extract Market Value Chain
  • Wine Extract Market Drivers and Restraints

Regional analysis for Wine Extract Market includes 

  • North America
  • US & Canada
  • Latin America
  • Brazil, Mexico, Others
  • Western Europe
  • EU5
  • Nordics
  • Benelux
  • Eastern Europe
  • Russia
  • Poland
  • Rest of Eastern Europe
  • Asia Pacific
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts and inputs from industry experts. 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 regions.

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Market Segmentation 

Wine Extract is segment on the basis of application, form and region.On the basis of application market is segmented into

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetic & Personal Care Products

On the basis of form, the market is segmented into 

  • Powder
  • Capsule
  • Liquid Wine

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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Egg Albumin Protein Market is Growth Pace is Booming at a CAGR of 7.3% in the Time Period of 2022-2032

According to a recent report published by Future Market Insights, sales of egg albumin protein are estimated to reach a valuation of US$ 2.88 Bn by 2032, surging at 7.3% CAGR during the forecast period of 2022 to 2032.

Egg albumin protein is absorbed by the blood and is used to separate proteins. It is expected to gain high popularity across the globe, especially in the sports nutrition sector owing to its ability to boost strength and energy of athletes. It is also considered to be a healer of post-workout muscle damage.

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Increasing demand for egg albumin protein powder in the food processing industry for the manufacturing of pet treats and food is another crucial factor that would drive the market. This type of protein powder helps in delivering numerous nutritional benefits to pets.

Key Takeaways: Egg Albumin Protein Market

  • The U.K. egg albumin protein market is expected to reach a valuation of US$ 31.1 Mn by 2022.
  • The U.S. is likely to account for nearly 73% of the North America egg albumin protein market share in the next decade.
  • In terms of end-use application, the bakery and confectionery segment is expected to generate the lion’s share in the global market.
  • By function, the thickening category is expected to create an absolute $ opportunity of US$ 294.3 Mn in 2022.
  • Based on flavor type, the regular/unflavored segment is anticipated to reach a valuation of US$ 1.03 Bn by 2022.

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“Increasing utilization of egg albumin protein powder by the bakery and confectionery industry across the globe to provide stability and volume to baked goods is anticipated to augment growth,” says an analyst at Future Market Insights.

Competitive Landscape: Egg Albumin Protein Market

Egg albumin protein powder is produced through hydrolysis process, which reduces the distinctive odor of eggs to a bare minimum. Thus, key companies operating in the personal care sector are using it to manufacture shampoos and conditioners to help nourish the hair and prevent it from drying, as well as damage.

Some of the key players in the egg albumin protein market include:

  • Merck KGaA
  • HiMedia Laboratories Pvt. Ltd.
  • Kewpie Corporation
  • Now Health Group
  • Rembrandt Foods
  • Sanaovo
  • Taiyo Kagaku Co. Ltd.
  • JW Nutritional LLC
  • Rose Acre Farms
  • Ovostar
  • IGRECA
  • Dutch Egg Powder Solutions BV
  • Caneggs, Redspoon Company
  • Avangardco
  • Aqua Lab Technologies and Sainsburys.

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Get More Valuable Insights on Egg Albumin Protein Market

Future Market Insights, in its new offering, provides an unbiased analysis of egg albumin presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the egg albumin protein based on flavor type (regular/unflavored and flavored), application (bakery & confectionery, protein & nutritional bars, breakfast cereals, functional beverages, dietary supplements, sports nutrition, infant nutrition, prepared foods, meat analogs, dressings, sauces & spreads, pharmaceutical products, personal care products, dairy & desserts, and others), and function (thickening, leavening, binding, preservatives/antimicrobial, emulsifying, crystallization, and others) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

About Food & Beverage Division at Future Market Insights

The food & beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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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Sunset Yellow FCF Market Valuation is Raising and Slated to Grow at a CAGR of 6.25% Between 2022 and 2032

The global sunset yellow FCF market is projected to reach a market valuation of US$ 74.7 Mn in 2022 and US$ 150 Mn in 2032, exhibiting a CAGR of 6.25% between 2022 and 2032. The ability of sunset yellow FCF to give the right colors and better stability than the natural additives and rising applications in food and beverages industry are pushing the demand for sunset yellow FCF globally.

Over the years, demand for synthetic food colors such as sunset yellow FCF has grown at a significant rate owing to their rising usage in food products, beverages, pharmaceuticals, animal feed, etc. These artificial colors are highly effective and can quickly provide vivid and consistent colour to foods and beverages. Furthermore, they are easily miscible in the solution.

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Sunset Yellow FCF, also known as orange-yellow S, is a petroleum-based acid orange azo dye which is being increasingly used in foods and beverages. Moreover, it can also be used in conjunction with E123, amaranth, to produce a brown coloring in both chocolates and caramel.

Growing consumer inclination towards aesthetic or more appealing food products is expected to provide a strong thrust to the growth of sunset yellow FCF market during the forecast period. Food and beverage manufacturers utilize sunset yellow FCF to improve the appeal of their products. Different beverage items, such as soda, energy drinks, and soft drinks will appear to be colorless if sunset yellow color is not added to them during the manufacturing process.

Key Takeaways from Market Study

  • By application, bakery, snacks, and cereals segment accounts for over 21.8% share of the global market while the soups, sauces, and dressings segment is expected to grow at a robust CAGR of 7.2% during the forecast period
  • The Asia-Pacific sunset yellow FCF market exhibited sales of 2500 metric tons by volume and is expected to grow at 6.5% CAGR between 2022 and 2032.
  • Demand for Sunset Yellow food colors in EMEAI market is expected to grow at 5.9% CAGR between 2022 and 2032.
  • The North American market recorded sales of USD 23.5 Mn and is expected to register a 4.9% CAGR during the assessment period of 2022 and 2032.
  • Sunset yellow FCF market in Germany reached around US$ 4.5 Mn in 2022.

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“Sunset yellow FCF producers will gain significantly by targeting the decorative food start-ups in the food processing industry. Foraying into emerging economies and establishing strategic alliances with global processing industries will also help sunset yellow FCF brands to increase their revenue share,” says a Future Market Insights analyst.

Competitive Landscape

Sunset yellow FCF manufacturers are establishing strategic alliances with packaged food brands and food processing industries. They are also investing in research and development to foray into other industries like cosmetics and personal care.

Explore More Valuable Insights

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

The study offers compelling insights based on type (powder, lakes, dyes), and application (beverage, bakery, snacks, and cereals, candy/ confectionery, dairy, fruit preparations/ fillings, meat, poultry, fish, and eggs, potatoes, pasta, and rice, sauces, soups, and dressings, seasonings, pet food), across seven major regions of the world.

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About Food & Beverage Division at Future Market Insights

The Food and Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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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Konjac Flour Market Examine of Recent Improvements, Product Portfolio with in-depth Study on Historical and Future Outlook-2032

Konjac flour can be defined as a Glucomannan Powder which is pure soluble fiber with no calories, no starch, no sugar, no fat and no protein which is wheat free and gluten free. Konjac flour is used as an ingredient as a thickening agent in food preparation and additives in food & beverage industry.

Konjac flour is made from konjac plant roots, when konjac plants roots are matured, the roots are removed from the ground and peeled. Peeled roots are cut into pieces and dried by warm air, dried roots are then refined into a powder which separates the lighter components from the heavier flour, left glucomannan is used in noodles and other dishes.

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Konjac flour is an odorless, natural soluble fiber, which is found in the konjac plants. The food made from the corm of the konjac plant is widely known as konnyaku (yam cake) which is being cooked and consumed on daily basis in Japan. Research has found that konjac lowers down serum cholesterol levels and helps to delay the glucose absorption.

Konjac Flour Market Segmentation 

Konjac flour market can be segmented on the basis of applications, function, and by regions. Based on application, konjac flour is segmented into food & beverages, agriculture, medical & pharmaceutical industry. Konjac flour has gelling property which acts as a fat replacer in various types of processed foods. Konjac flour used as a thickener for smooth soups, gravies, bakery products, carbonated beverages, confectionery, desserts, noodles, yogurt, sauces, stews, glazes and casseroles.

It is also used in cake fillings, puddings, pies and custard as a thickener. Konjac flour is odorless and is gluten-free, which is a perfect substitute in cooking and baking when flour and glutinous starches is to be avoided.

On the basis of function, the market of konjac flour is segmented into gelling agent, thickener, film former, emulsifier and stabilizer. The market on the basis of use is led by gelling agent segment followed by emulsifier. On the basis of region Konjac flour market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan.

Konjac Flour Market Trends and Market Drivers 

Konjac flour market is expected to witness sustained growth over the forecast period increasing demand for gelling, thickening and stabilizing agent is expected to grow the demand over the forecast period. Other factors attributable to the high growth includes rising health consciousness, increasing purchasing power, rise in per capita health expenditure.

Konjac flour has special properties which provide various health benefits such as better immune system and better digestion. In addition, government bodies’ for example, FDA supports the use of konjac flour in numerous drugs and foods which is expected to push the growth of the market. Konjac flour is anticipated to witness relatively high share in the food & beverage segment.

Pharmaceutical segment is also expected to expand at higher rate owing to the wide use of Konjac Flour in pharmaceutical segment for the treatment of constipation, weight loss and help in improving cholesterol level.

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Regional Outlook of Konjac Flour Market 

On the basis of geographical market segment, it is segmented into seven different regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia-Pacific region, Japan and Middle East and Africa. In regional segments, Asia-Pacific is expected to hold a relatively high share in terms of market value.

China has the largest konjac flour markets in the Asia-Pacific region. Japan region is expected to witness relatively higher growth in the Konjac Flour market. People in japan havethe habit of consuming konjac foods on daily basis which is the key factor to drive the market in this region.

Konjac Flour Market Key Players 

Some of the key participating players in konjac flour market globally are Hubei Yizhi Konjac Biotechnology Co., Ltd, Zeroodle, Miracle Noodle, NAH Foods, Shanghai Brilliant Gum Co. Ltd and Henan Xin Industry Co. Ltd. And Baoji Konjac Chemcial Co., Ltd., NOW Foods among others. Companies in the konjac flour market are heavily investing in research and development activities to enhance the functional profile of konjac flour.

The report covers exhaustive analysis on 

  • Konjac Flour Market Segments
  • Konjac Flour Market Dynamics
  • Konjac Flour Historical Actual Market Size, 2014 – 2016
  • Konjac Flour Market Size & Forecast 2017 to 2027
  • Konjac Flour Supply & Demand Value Chain
  • Konjac Flour Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Konjac Flour Technology
  • Value Chain
  • Konjac Flour Market Drivers and Restraints

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Regional analysis for IQF Fruits and Vegetables Market includes 

  • North America
  • US & Canada
  • Latin America
  • Brazil, Mexico, Others
  • Western Europe
  • EU5
  • Nordics
  • Benelux
  • Eastern Europe
  • Asia Pacific
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other 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.

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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Bakery Products Market Technology Roadmap Analysis with Product Portfolio, Over the Forecast Period-2032

The global bakery products market is set to witness growth at a CAGR of 4.2% over the forecast period (2022-2032) and top a valuation of US$ 354.6 Mn by 2032.

Bakery products are cooked at a high temperature in the oven or on a hot stove. A massive transformation in baking methods have been noticed with the upgradation of technology by taking over the traditional baking methods.

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Increasing consumption of processed food items and shifting consumer preference towards convenient food and beverage products is expected to fuel the market. Alongside, owing to the convenience and prolonged shelf-life offered by the frozen food items is predicted to boost the demand for frozen bakery products in the forthcoming years.

Changing consumer behaviour have altered their preferences and developed their tastes for varied bakery products. They have started experimenting with new products with different flavours and stuffing. Furthermore, health-conscious consumers are gradually shifting the focus towards low-calorie products.

Busy schedules and hectic timelines have convinced the consumers to switch to convenient and ready-to-eat products such as biscuits and bread and rolls which is likely to positively impact the market. Due to the above-listed factors, the demand for bakery products is prophesied to show impressive growth over the forecast period.

“High demand for gluten-free bakery products across emerging economies, along with increasing preference for international baked products is expected to fuel the growth in the market,” says an FMI analyst.

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Key Takeaways:

  • Europe is expected to account for the maximum value share of the global market of about 28% by 2022.
  • By product type, bread and rolls is expected to account for the highest market share in 2022.
  • In case of specialty segment, sales of gluten-free bakery products are expected to gain momentum.
  • Indirect channel is expected to account for a higher market value share than direct channel by 2032.
  • Germany is expected to account for 30% of the Europe bakery products market share over the forecast period.

Competitive Landscape

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships, and collaboration gain a competitive edge in the market. For instance:

  • In 2021, Mondelez International (MDLZ) had acquired Chipita S.A. which is a Greek snacking company. Chipita produces and markets savory and sweet snacks.
  • In 2020, ITC’s brand, popularly called as ‘Sunfeast’ had expanded its ‘cake’ category, by introducing its new product named as Sunfeast Caker which is available in three forms, namely Choco Swiss Roll, and Layer Cake, and Trinity.

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Explore More Valuable Insights

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

The study offers compelling insights based on bakery products market by product type (biscuits, breads and rolls, cakes and pastries, rusks), specialty type (fortified, gluten-free, organic, low calorie, sugar-free), and distribution channel (direct and indirect) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa) major regions of the world.

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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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Fermented Foods and Beverages Market Segment Overview: Fermentation Process, Ingredient Type & Regional Forecast– 2032

The global fermented foods and beverages market is set to witness growth rate of 5.6% between 2022 and 2032, totaling a valuation of US$ 989.2 Bn by 2032. Rising production and consumption of fermented foods and beverages worldwide is a key factor augmenting growth in the global fermented foods and beverages market.

Eggs, meat, and dairy from factory farms have been main sources of protein and other nutrients. However, amid increasing intolerance for carbon footprint and rising concerns about animal cruelty, both food manufacturing companies and consumer are looking for alternative solutions.

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As a result, functional meat derived without harming animals as a fermented food item is soaring in demand. Various food manufacturing companies have shifted their preference towards developing healthy and nutritious fermented food products. For instance, Clara Foods, a food technology company based on San Francisco, is motivated to help consumers with their dietary needs while developing fermentation process to create animal-free egg proteins with the same functionality and taste of the original product, challenging many plant-based alternatives.

Another example includes Perfect Day Foods, a brand which creates casein and whey animal proteins without using animal cells. The product is obtained with micro flora with a specific genetic blueprint which is accessed through online to provide the species ability to generate milk proteins, same as one found in cow milk. Furthermore, the flora can be retained on plant-based inputs and sugar, while it can naturally produce cholesterol-free, lactose-free, antibiotic-free, and hormone-free milk proteins.

Key Takeaways from Market Study

  • The fermented foods and beverages market reached US$ 575.6 Bn in 2022 and is likely to expand at CAGR of 5.6% through 2032.
  • By ingredient type, probiotics segment is likely to contribute most to the global fermented foods and beverages market during the forecast period.
  • Based on end use, vegetables and meat is expected to be most remunerative segment in the global fermented foods and beverages market.
  • The U.S. will continue to remain the most lucrative fermented foods and beverages market during the assessment period.
  • Amid rising production and consumption of fermented products, the Japan market is poised to exhibit steady growth rate during the forthcoming years.
  • Demand for fermented foods and beverages to grow at a significant pace in China over the forecast period.

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“Combining modern technology with different fermentation techniques is enabling biotech companies to generate animal protein products without any direct presence of animals in those products. This is challenging industrial egg, meat, and dairy industries, and will eventually bode well for the fermented foods and beverages industry” says a Future Market Insights analyst.

Competitive Landscape

Key fermented foods and beverages brands are looking for new strategic partnerships to develop the applications in food and beverage industry, along with dairy and bakery products, while core business brands are focusing on developing nutritional and high quality food solutions to customers with several product innovations.

  • In July 2021, Nature’s Fynd, a sustainable bio-products company, raised a whooping USD 350 Mn, while its cream cheese and sausage and analog products went up for limited offering online sale. The company creates a protein called Fy by using flavolapis and Fusarium fungus strain in biomass fermentation method, which can be used as a protein ingredient, having diverse application in food and beverage items.

Explore More Valuable Insights

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

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The study offers compelling insights based on ingredient type (prebiotics, probiotics, vitamins, industrial enzymes, organic acids, amino acids, and others), fermentation process (anaerobic fermentation, aerobic fermentation, continuous fermentation, batch fermentation, and others), and end use (bakery & confectionery, dairy products, alcoholic beverages, non-alcoholic beverages, infant formula, dietary supplements, vegetables and meat, animal feed products, and others), across seven major regions of the world.

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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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Egg Emulsifier Market Growth Pace, Product Portfolio & Study on Demand in Likely Scenario Over the Period of 2022-2032

According to a recent report by Future Market Insights, sales of egg emulsifiers are estimated to reach US$ 406.2 Mn by 2032, surging at a 6.5% CAGR over the assessment period. Increasing consumption of processed foods due to easy availability through well-developed retail channels will drive sales in the market. Egg emulsifier provides smoothness and aid in the stabilization of emulsions in food and beverage manufacturing processes.

It also aids in the improvement of quality and acts as an emulsifying agent. Growing demand for ready-to-eat and instant food items will benefit the egg emulsifiers market over the assessment period.

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The rapid expansion of urbanization has increased the demand for processed food products. The product aids in the improvement of the appearance, texture, and flavor of processed foods.

“Increasing production and sales of ready-to-eat products across emerging economies, along with growing applications in the personal care sector will augment the growth in the market over the assessment period,” says an FMI analyst.

Key Takeaways

  • In Germany, total sales in the egg emulsifier market are expected to reach a valuation of US$ 13.2 Mn by 2032.
  • The U.S. egg emulsifier market is expected to reach US$ 74.7 Mn by 2032.
  • Based on source, demand for egg yolk emulsifiers will gain traction at a CAGR of 5.9% through 2032.
  • In terms of application, sales of egg emulsifiers will increase at a 5.5% CAGR over the assessment period.
  • Demand for egg emulsifiers increased at a 5% CAGR between 2017 to 2021.

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Competitive Landscape

Key players operating in the global egg emulsifiers market are investing in mergers, acquisiitons and collaborations to improve their distribution channels. They are also focusing on smart promotional strategies to improve sales.

  • Cargill
  • Kewpie Corporation
  • Rose Acre Farms
  • Rembrandt foods
  • Bouwhuis Enthoven Wulro BV
  • Igreca
  • Sanovo Egg Group
  • Interovo Egg Group BV
  • Dalian Hanovo Foods Co., Ltd. are among the key players profiled in the report.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of egg emulsifier presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on the egg emulsifier based on source (egg yolk, egg white), by application (bakery, confectionery, beverages, dairy products, processed food, others (pet food, etc.)), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

About FMI

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

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Pizza Crust Mix Market Comprehensive Research Report on Examine of Product Portfolio with Packaging Type-2032

The global pizza crust mix market is valued at US$1,248.3 million in 2022. According to the report, pizza crust mix sales will grow at a CAGR of 5.50% to reach an estimate of $2,132.3 million by 2032.

Pizza Crust Mix is a batter mix for the pizza crust formation. It is widely used as an ingredient in the household while baking the pizza crust as well as a foodservice ingredient by the bakers globally. It is mixed in proportionate form so as to bake a uniform pizza crust. The market for Pizza Crust Mix is expected to grow due to rising demand for fast food by the millennial population and the westernization culture being highly adopted in the developing regions globally.

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Market Segmentation 

Pizza Crust Mix market can be segmented on the basis of product type, packaging type, distribution channel, and region.

On the basis of product type, Pizza Crust Mix Market can be segmented into whole grain pizza crust mix, semolina flour, and gluten-free pizza crust mix.

On the basis of packaging type, Pizza Crust Mix Market can be segmented into pouches and jars/containers.

On the basis of the distribution channel, Pizza Crust Mix market can be segmented into direct and retail sales. Direct sales refer to direct selling of Pizza Crust Mix as an ingredient to bakery units. Retail sales are further segmented into hypermarket/supermarket, convenience stores, online retailers, and other retailing formats.

Drivers, Restraints, and Trends 

The key demand of Pizza Crust Mix includes majorly from the foodservice and household use. The growing demand due to growing tastes and preferences with different varieties of ingredients in the pizza crust mix, the rising disposable income, awareness among consumers in using specified ingredients in their food products are all expected to grow the market for Pizza Crust Mix in the projected period. The growing preference for packaged food products on account of hectic lifestyle patterns is further subjected to grow the market globally.

The major restraint is the high presence of MSG as an ingredient in pizza crust mix is expected to hider the market growth in the forecasted period.

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Regional Outlook 

Europe has been a major contributor towards the Pizza Crust Mix due to the high demand and innovations in the bakery industry. Also growing tourism and rising preference towards gluten-free in pizza crust mix products is further expected to grow the market in the projected period. The high consumption & growing demand for packaged products in North America and Europe region is expected to further grow the demand for Pizza Crust Mix among the manufacturers of bread products.

The presence of highly populous countries, coupled with increasing preference for packaged goods and new innovations taking place in the bakery sector is expected to grow the market for the Pizza Crust Mix in the Asia Pacific region in the projected period. Although in the Middle East regions, the rising demand for Pizza Crust Mix among food manufacturers is expected to grow the market due to growing demand for bread and loafs in the region as one of the staple food product. Increasing urbanization in the region is further expected to grow the market in the region in the forecasted period.

Key Players 

Some of the prominent players of Pizza Crust Mix are Bob’s Red Mill, King Arthur Flour, Archer-Daniels-Midlands Co., Hodgson Mill, Martha White, and various other regional manufacturers.

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.

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
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​United Arab Emirates
For Sales Queries: sales@futuremarketinsights.com
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