Market Research Blog

According to Future Market Insights, the global plant based premix market size is anticipated to grow from USD 345.4 million in 2024 to USD 784.5 million by 2034, with overall sales exhibiting a CAGR of 8.5% between 2024 and 2034.

Rising demand for natural and healthy food products along with increasing applications of plant-based ingredients in food and beverage industry is the main factor facilitating the expansion of the global market for plant-based premixes.

Similarly, growing trend of veganism and increased knowledge of the health advantages of plant-based diets are expected to generate high demand for plant based premixes during the forecast period.

Plant based premixes are concentrated mixtures of ingredients derived from plant sources that are used to create finished goods like food or beverages. As the trend of veganism continues to make inroads in food & beverage, both food manufacturers and consumers are showing a keen inclination towards using plant based premixes.

The global plant based premix market is highly competitive with the presence of a large number of international and regional players. Leading players in the market are focused on product innovation and development to gain a competitive edge over their rivals.

The competition in the plant based premix market is further intensified by the entry of new players who are offering products at competitive prices. The companies are also engaged in mergers and acquisitions to expand their product portfolio and geographical reach. For instance, in January 2018, Ingredion Incorporated acquired TIC Gums, which is a leading provider of texture and stabilization solutions for the food industry.

Key Takeaways from the Plant based Premix Market Study:

• During the projection period 2024-2034, the plant based premix market is expected to expand at a CAGR of 8.5%.
• Based on form, demand is likely to remain high for powdered plant based premixes during the forecast period.
• By application, food and beverage segment holds the largest share of the global plant based premix market and the trend is expected to continue during the forecast period.
• North America and Europe collectively hold the largest share of the global plant based premix market.
• Asia Pacific is anticipated to emerge as the fastest growing plant based premix market between 2024 and 2034.
• With rising trend of veganism, sales of plant based premixes are poised to grow at a robust pace across the U.S. during the forthcoming decade.

Who is Winning?

Key players operating in the global plant based premix market are Cargill (US), Archer Daniels Midland Company (US), DuPont (US), DSM (Netherlands), Ingredion Incorporated (US), and Kerry Group plc (Ireland).

Get Valuable Insights into Plant based Premix Market

FMI, in its new offering, provides an unbiased analysis of the Plant based Premix market presenting historical demand data (2017-2022) and forecast statistics for the period from (2024-2034). The study divulges compelling insights on the demand for Plant based Premix based on ingredient type (vitamins, minerals, amino acids, antibiotics, others), form (powered, liquid), and application (food and beverage (baby food dietary supplements), pharmaceutical, animal nutrition), across seven regions.

Download the full report for in-depth insights. https://www.futuremarketinsights.com/reports/plant-based-premix-market

Key Segments of the Report

By Premix Type:

Plant-based Premix industry is segmented as Vitamin Premix, Mineral Premix Others (Omega 6, Fatty Acids, and Proteins)

By End Use Application:

As per end use application, the industry has been categorized Food and beverage, Baby Food, Dietary Supplements, Pharmaceutical and Animal Nutrition

By Form:

Form further includes Liquid and Powder

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to Future Market Insights, the global spreadable fats market size is expected to reach USD 28,730.12 Mn in 2033. Furthermore, with rising consumption of high nutritional products like butter and cheese, overall sales of spreadable fats are projected to rise at 7.0% CAGR between 2023 and 2033.

In recent years, spreadable fats have gained wider popularity across the world due to their high various health benefits. Spreadable fats are fats that are solid but spreadable at room temperature. These fats include butter, margarine, dairy spreads, etc. They are being increasingly used across households and food processing companies.

Rising world population, increasing income levels, changing lifestyles, and growing preference for high nutritional food products are some of the key factors expected to drive the global spreadable fats market forwards during the forecast period.

Similarly, growing popularity of plant-based products, increasing consumption of spreadable fats across quick service restaurants, and continuous new product launches by companies will boost the market over the next ten years.

Leading companies have well-established supply chains and strong relationships with customers. They are also vertically integrated, meaning they control all aspects of production from raw materials to packaging. They are using various tactics including advertisements. celebrity endorsements, and use of sustainable packaging to increase their sales.

Key Takeaways from the Spreadable Fats Market Study:

• By product type, demand is expected to remain high for butter during the forecast period.
• Based on source, the plant segment will grow at a higher CAGR owing to the rising trend of veganism globally.
• In terms of sales channel, online segment is likely to generate the highest revenues over the next ten years.
• North American spreadable fats market is expected to hold more than 38% share of the global spreadable fats market by the end of 2033.
• Asia pacific region is predicted to emerge as the most lucrative spreadable fats market during the forthcoming decade.
• Demand for spreadable products across China is set to increase at a robust pace between 2023 and 2033.

Who is Winning?

Key players in the global spreadable fats market include Cargill Inc., Hindustan Unilever, Wilmar International Limited, Associated British foods plc, ADM (Archer Daniels Midland Company, Bunge Limited, and Amul (India).

Majority of the spreadable fat manufacturers are introducing new products with eco-friendly packaging to expand their customer base. Further, they are adopting strategies such as partnerships, mergers, acquisitions, facility expansions, and strengthening distribution channels to stay ahead of the competition.

Get Valuable Insights into Spreadable Fats Market

FMI, in its new offering, provides an unbiased analysis of the spreadable fats market presenting historical demand data (2018-2022) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for spreadable fats based on product (butter, cheese, cream, plant derived spreads, and others), source (plant (soya milk, peanut, hazelnut), animal (cow milk, camel milk, goat milk, buffalo milk, and others), distribution channel (supermarkets & hypermarkets, convenience stores, online stores, and others), and End user (commercial, domestic purpose), across seven regions.

Download the full report for in-depth insights.

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of starch derivatives are estimated to reach a value of USD 24.6 billion and USD 36.8 billion by 2034, surging at a 4.1% CAGR through the decade.

Bakery industry seeking significant growth potential as it is emerging as a leading market. Baked goods such as breads, cakes, biscuits, pastries, and breakfast items are in high demand. The increasing per capita consumption of bakery products is a clear indicator of this trend.

Emerging markets like India and China present a great opportunity for the bakery industry as consumers are becoming more inclined towards packaged goods, influenced by Western culture, changing lifestyles, and the growing demand for flavorful and convenient food products.

Starch derivative manufacturers are focusing on working with bakery companies to expand their market share by offering a wide range of clean-label starches as an egg replacement in a variety of baked goods, including sponge cakes, pound cakes, donuts, muffins and more, to enhance product quality and shelf life.

Additionally, the increasing adoption of mobile phones and social media platforms enables consumers to access information regarding various products and share information regarding the benefits of these products. The wide availability of food products in hypermarkets/supermarkets as well as online retail stores is fueling the sales of natural and environmentally friendly and clean label food products in the global market, especially in China, Australia, India, and New Zealand.

A new market study published by Future Market Insights, Inc., (FMI) the premier market research company, today released its report titled “Starch Derivatives – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace

Discover Detailed Findings in the Complete Report! 

Key Takeaways from the Market Study

• The Starch Derivative sales shall reach nearly USD 24.6 Billion by 2024.
• The North American Starch Derivative Sales has a share of around 33.4% in 2024.
• The demand for Starch Derivative is anticipated to grow at a 4.1% CAGR between 2024 and 2034.
• Clean Label Movement, Functional and Nutritional Enhancement, Sustainability Initiatives, Technological Innovations, Diversification of Applications, are among the most well-known trends.

“The starch derivative market shows robust growth with a clear shift towards sustainable sourcing and enhanced functionality. Technological advancements are driving innovation, meeting diverse industry demands from food to pharmaceuticals. This dynamic landscape underscores opportunities for stakeholders to capitalize on evolving consumer trends and regulatory standards”. Says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Competitive Landscape

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

Some of the leading companies offering are Archer Daniels Midland Company, Ingredion Incorporated, Tate & Lyle, Roquette Frères, Cargill Incorporated, Fooding Company Limited, Foodchem International Corporation, Tereos SA, Molinos Juan Semino SA, Grain Processing Corporation, Global Sweeteners Holdings Ltd., AGRANA, JP & SB International, Varun Industries (India), Gujarat Ambuja Export, ShreeGluco Biotech Private Ltd. And Matsutani Chemical Industry Co., Ltd. and others are the major players in the market.

See How Things Have Changed: Access the Old Source for This Report!

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the Starch Derivatives presenting historical demand data (2019-2023) and forecast statistics for the period from 2024 to 2034.

The study divulges compelling insights on the starch derivatives market by product type (Modified, Native), by source (Maize/corn, Wheat, Potato, Tapioca, and Rice), by end-use (Food & Beverage (Breads and bakery products, Nutrition bars, Biscuits and cookies, Breakfast cereals, Pasta and noodles, Sheeted baked snacks and crackers, Extruded snacks, Soups and ready meal, components, Thickened beverages, Meat Substitutes/ Meat Analogues/ Meat Extenders) Dietary Supplements and Animal Nutrition) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Key Segments of the Report

By Product Type:

Starch Derivative industry is segmented as Modified, Native

By Source:

As per source, the industry has been categorized Maize / corn, Wheat, Potato, Tapioca, and Rice

By End Use:

End use further includes Food & Beverage (Breads and bakery products, Nutrition bars, Biscuits and cookies, Breakfast cereals, Pasta and noodles, Sheeted baked snacks and crackers, Extruded snacks, Soups and ready meal, components, Thickened beverages, Meat Substitutes/ Meat Analogues/ Meat Extenders) Dietary Supplements and Animal Nutrition

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The pesticide detection market is valued at US$ 1,892.78 million in 2024 and is anticipated to surpass a valuation of US$ 3,049.50 million by 2034. The pesticide detection market size is projected to expand at a CAGR of 4.90% from 2024 to 2034.

The growing consumer demand for organic and sustainably produced food items results in increased scrutiny of pesticide residues and stringent organic certification requirements. As a result, organic food manufacturers invest in advanced pesticide detection technology to guarantee that residual limitations are met and that consumers trust organic labels. Organic producers can differentiate themselves in the market and fulfill the rising demand for healthier and more ecologically sustainable food options by establishing rigorous testing protocols.

Digital technologies and data analytics are transforming workflows for pesticide detection because they improve data management, analysis, and decision support. Laboratory automation of sample monitoring, data processing, and reporting duties can be achieved using cloud-based platforms, LIMS, and data analytics tools. This automation enhances workflow efficiency and ensures regulatory compliance. Laboratories can improve accuracy, productivity, and cost-effectiveness in pesticide testing operations by utilizing data analytics techniques, such as machine learning and predictive modeling, to derive useful insights from copious amounts of analytical data, identify trends, and optimize testing protocols.

Note from the Analysts

“Businesses in the pesticide detection market need to put cutting-edge detection technology and strategic collaborations at the top of their priority list due to the increased worldwide concerns surrounding food safety and environmental sustainability. Gaining a competitive edge in this ever-changing market will need an understanding of consumer demands and the ability to create customized solutions.” – says Nandini Roy Choudhury (client Partner for Food and Beverages at Future Market Insights, Inc.)

Key Takeaways from the Pesticide Detection Market Report

• The global market size stood at US$ 1,436.70 million in 2019.
• The multi-residue type segment holds 23% of market shares in 2024.
• The rapid detection technologies segment captured 18% of market shares in 2024.
• The market size in the United States is projected to rise at a 4.60% CAGR through 2034.
• The market size in Germany is anticipated to develop at a 4.50% CAGR through 2034.
• The market size in China is estimated to surge at a 6.20% CAGR through 2034.
• The market size in India is expected to increase at a 7.40% CAGR through 2034.

Competitive Landscape

Established industry leaders face competition from rising firms and niche experts in the pesticide detection market. Key battlegrounds include technology innovation, strategic relationships, regulatory compliance, and customer-centricity. Established organizations provide complete solutions, whilst smaller competitors focus on specialized offers. Technological developments, partnerships, and adherence to regulations drive competitiveness.

Recent Developments

• In March 2023, researchers from the University of São Paulo (USP) in Brazil developed a kraft paper-based electrochemical sensor that detects pesticides in fruits and vegetables in real-time when attached to an electrical device.
• In June 2022, researchers at Sweden’s Karolinska Institute developed a nanosensor capable of detecting pesticides on food within minutes. According to research published in the journal Advanced Science, nanosensors use flame-sprayed nanoparticles to magnify chemical signals. While still in their early stages, researchers hope that these nanosensors can help identify pesticides before they are consumed.

Download the full report for in-depth insights.

Key Players in the Pesticide Detection Market

• Renka Bio
• Sciex
• Merk
• Agilent Technologies
• PerkinElmer Inc.
• Shimadzu Corporation
• Waters Corporation
• Thermo Fisher Scientific
• Spensa Karlabs
• ALS Limited
• AsureQuality Ltd.
• SCS Global Services
• Microbac Laboratories Inc.
• Symbio Laboratories
• Eurofins Scientific
• Intertek Group plc
• SGS SA
• Fera Science Limited

Pesticide Detection Market Segmentation

By Methods:

• Multi-residue Types (MRMs)
• Selective or Single Residue (SRMs)
• Detect Multiple Pesticide Residues

By Technology:

• Traditional Technologies
• Rapid Detection Technologies
• Gas Chromatography (GC)
• Liquid Chromatography (LC)
• High-Performance Liquid Chromatography (HPLC)
• Mass Spectrometer (MS)
• Thin Layer Chromatography (TLC)
• High-Performance Thin Layer Chromatography (HPTLC)
• Electro Analytical Technique
• Electrochemical Sensors Chemicals & Biosensors
• Spectroscopic Techniques
• Flow Injection Analysis
• Spectrophotometry
• Capillary Electrophoresis
• Bioassay for Pesticide Detection
• ELISA Enzyme-linked Immune Absorbent Assay

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global premixed cocktail shots market is anticipated to grow at a robust CAGR of 6.1% between 2024 and 2034. The overall sales of premixed cocktail shots are likely to surpass 7,546.1 USD Million  by 2034. As per FMI, the global premixed cocktail shots market recorded a valuation of 4,174.2 USD Million in 2024.

Increasing popularity of a wide variety of shots such as Kamikaze, Venom, and others among millennials is expected to drive the demand for premixed cocktail shots. With growing trend of house parties and increasing number of sorority houses in the U.S. universities, the preference for pre-made cocktail shots is surging. Hence, key companies are hopping on the trend and are introducing a wide variety of flavors to woo the Gen-Zs and millennials.

While the millennials and Gen-Zs are expected to enjoy the availability of a plethora of pre-made cocktail shots, baby boomers are also likely to take the plunge, opines FMI. For instance, leading player, LIQS, announced the launch of innovative wine-based cocktail shots. As wine is the most favored liquor among baby boomers, key players are introducing new flavors to increase their revenue.

Further, social media is another factor facilitating the demand for premixed cocktail shots. As content creator and foodies are experimenting with new recipes on Instagram and YouTube, consumers are likely to try the flavors and recipes. This is expected to create a conducive environment for the premixed cocktail shots market. Hence, key players are collaborating with online key players and social media celebrities to endorse their brands and expand their customer base.

Key Takeaways from the Premixed Cocktail Shots Market

• North America is expected to account for nearly 35% of revenue share in the global premixed cocktail shots market.
• The U.S. premixed cocktail shots market is expected to witness impressive growth over the forecast period (2024-2034).
• Growing popularity of cocktail beverages among millennials in the U.S. is expected to propel the sales of premixed cocktail shots.
• Rising inclination for ready-to-drink beverages at cost-effective prices is anticipated to spur the demand for premixed cocktail shots.

“As millennials are using home-made recipes and inclining towards house parties instead of going out, the demand for ready-to-drink and ready-made beverages is growing. Hence, key players are striving to introduce new flavors with a unique blend of ingredients to provide bar-like quality cocktails and gain competitive edge.” – Says an FMI Analyst.

Competition Landscape in the Premixed Cocktail Shots Market

Key players are using various strategies such as product launches, partnerships, and research & development to mark their presence in the U.S. premixed cocktail shots market. Other tactics that are used by these companies are portfolio expansion, introduction of new flavors, and collaboration with e-commerce platforms such as e-Bay and Amazon to gain competitive edge.

Bacardi & Company Limited, Miami Cocktail Co., and Post Meridiem Spirits are the leading players in the U.S. premixed cocktail shots market.

Recent Developments

• In May 2021, BACARDI real rum canned cocktails announced the expansion of its range of canned cocktails with three new flavors, including BACARDI Bahama Mama, Bacardi Mojito, and Sunset Punch. These 3 new flavors are set to join the exclusive summer line which already had Lime & Soda, Rum Punch, and Limon & Lemonade.
• In May 2022, Post Meridian Spirit Co. announced the launch of its two new canned cocktails to match-up with the bar quality cocktails. The company is using local ingredient at the proper proportion and woo consumers. The two canned cocktails include, the London Dry Southside and the Modern Classic Cosmopolitan.

Explore the full report for expert analysis. https://www.futuremarketinsights.com/reports/premixed-cocktail-shots-market

Leading Premixed Cocktail Shots Brands

• Bacardi & Company Limited
• Diageo Plc
• Heineken NV
• Altia Oyj
• Carlsberg A/S
• Belvedere SA
• Ball Corporation
• The Whisky Exchange
• Suntory Holdings
• Mark Anthony Brands LIQS
• Twisted Shotz
• Others

Key Segments of Market Report

By Primary Ingredient:

As per Primary Ingredient, the industry is categorized into Malt-based, Wine-based, Spirit-based, and Other Ingredients.

By Additive Ingredient:

As per Additive Ingredient, the industry is categorized into Alcoholic and Non-alcoholic.

By Sales Channel:

As per Sales Channel, the industry is categorized into Liquor Store, Hypermarket/Supermarket, Convenience Store, Online Retail, HoReCa, and Other Channels.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

According to FMI, the global flour substitutes market is projected to expand from USD 26,322.3 Million in 2022 to USD 42,066.5 Million by 2032, with sales growing at a CAGR of 4.8% over the forecast period.

The growing demand for gluten-free products and the rising prevalence of allergies and celiac disease are major factors driving the expansion of the global flour substitutes market.

Flour substitutes offer various health benefits, including lowering cholesterol levels and improving blood sugar control. Research indicates that they can also reduce the risk of heart disease and stroke. These advantages have contributed to a growing consumer preference for flour substitutes, thereby driving the expansion of the market.

Another key driver of the rising sales of flour substitutes is their health benefits. Many of these substitutes are crafted from whole grains and other nutritious ingredients, making them an excellent source of fiber and essential nutrients. Additionally, their lower calorie content compared to traditional flour makes them a suitable choice for those managing their weight.

Moreover, the expanding use of flour substitutes in food processing and bakery industries is expected to further boost the market throughout the forecast period.

Key Takeaways:

• Based on product, the chickpea flour segment is expected to grow at the highest CAGR of 5.4% during the forecast period.
• North America holds around 30.5% share of the global flour substitutes market and it is likely to retain its dominance during the projected period.
• The flour substitutes market in India is likely to grow at around 4.5% CAGR between 2022 and 2032.
• The U.K. flour substitutes market is expected to grow at a steady CAGR of 3.6% throughout the forecast period.
• The U.S. flour substitutes market is expected to reach a total valuation of US$ 346 Bn in 2022.

Competitive landscape:

Companies are incorporating flour substitutes into their products due to their cost-effectiveness and availability compared to wheat flour. Additionally, flour substitutes offer the ability to create diverse textures and flavors. With ongoing research, development, and technological advancements, companies are discovering innovative methods to optimize the use of flour substitutes to their fullest potential.

Download the full report for in-depth insights. https://www.futuremarketinsights.com/reports/flour-substitutes-market

Key Companies Profiled

• ADM
• Bunge
• Cargill
• Louis Dreyfus
• Live Glean
• COFCO Group
• Wilmar International
• Jinshahe Group
• GoodMills Group
• Milne MicroDried
• Carolina Innovative Food Ingredients Inc.
• Liuxu Food
• NorQuin
• Andean Valley Corporation
• Beichun

Flour Substitutes Market by Category

By Product:

• Corn Flour
• Rice Flour
• Sweet Potato Flour
• Spelt flour
• Buckwheat flour
• Quinoa Flour
• Oat flour
• Coconut flour
• Chickpea flour
• Brown rice flour
• Rye flour
• Amaranth flour
• Teff flour
• Millet flour
• Almond Flour

By Type:

• Gluten-containing flours
• Gluten-free flours

By Application:

• Baked Goods
• Noodles
• Pastry
• Fried Food
• Pasta
• Bread
• Crackers

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The latest insights into the cereal bar market indicate a valuation of USD 14.51 billion by 2024. Driven by rising health awareness and a demand for innovative flavors, cereal bar consumption is on the rise. Projections suggest that sales could surpass USD 22.64 billion by 2034, reflecting a compounded annual growth rate (CAGR) of 5.60% over the forecast period.

Plant-based products are both healthier and safer than animal-based products. The cereal bars market is being driven by growing popularity of veganism and health consciousness among consumers around the world. Besides, various dietary requirements such as low or no sugar content, low cholesterol levels, and low salt content of consumers can be easily met by cereal bars, thereby pushing sales.

Cereal bars are linked to weight gain and weight loss. A new study, which was published in the International Journal of Obesity, followed a group of overweight adults for 16 weeks. Participants who ate two cereal bars per day lost an average of 5% of their body weight, while those who did not eat cereal bars gained an average of 1%, which has led to growing consumer preference for these bars. These factors are projected to accelerate the cereal bars market in the next decade.

Another factor driving the increased sales of cereal bars is the fact that they are an easy and affordable way to get a nutritious breakfast or snack on-the-go. With more people leading busy lifestyles, cereal bars offer a quick and easy solution for those who want to make sure they are getting a nutritious meal or snack. As they are compact and easy to transport, cereal bars are a great option for busy people on-the-go. To keep up with the changing cereal bars market trends, manufacturers are developing novel ways to incorporate their product into various processed foods.

“Increasing adoption of meal replacement cereal bars by people who are trying to lose weight, or by athletes and bodybuilders who need a quick source of energy before or after a workout is projected to boost the market,” says a lead analyst at Future Market Insights.

Market Players Shaping the Outlook of the Cereal Bar Market

The market is competitive and fragmented, with numerous local and regional companies competing for market stakes. Key players use different trade strategies to stay competitive, such as creating partnerships, raising production, engaging in mergers and acquisitions, and collaborating with other industry players.

As consumer preferences evolve, global food and beverage manufacturers need help presenting novel and compelling flavors to their offerings. These companies are leveraging all research and development powers to form unique and persuasive products that appeal to the tastes and preferences of consumers. The cereal bar market is evolving as dynamic and diverse, with eclectic flavors and ingredients available to consumers.

Recent Developments

• In March 2024, Bagrry’s, a renowned breakfast cereal and health food brand, re-introduced ‘Mighty Muesli Bars,’ a cereal bar product first introduced in the Indian market in 1998.
• In December 2023, Mars China introduced the SNICKERS dark chocolate cereal bar, featuring sustainable packaging made from mono PP material, offering low-sugar and GI options and recyclable packaging.
• In October 2023, Alpen introduced new Alpen Delight bars, available in six flavors, including Chocolate, Caramel and Shortbread, Raspberry Rocky Road, Chocolate Honeycomb, Salted Caramel, White Chocolate, Raspberry and Shortcake, and Chocolate Brownie. Each variety comes in a multipack of five bars, each containing less than 100 calories.
• In August 2023, Simply Good Foods introduced Atkins Soft Baked energy bars, providing a protein-rich breakfast option in blueberry and macadamia nut varieties with minimal sugar and net carbs.

Key Companies

• Atkins Nutritional
• General Mills, Inc.
• Kind LLC
• Mars, Incorporated
• McKee Foods
• Naturell India
• Nestlé S.A.
• Quaker Oats
• The Hain Celestial Group, Inc.
• The Kellogg Company
• TEKMAR SLOVENSKO
• TruFoodMfg
• Sunny Crunch Foods Ltd.
• Noble Foods
• Sunbelt Bakery
• Halo Foods
• Fusions Foods Ltd
• Eat Natural
• Fullwell Mill Limited
• Natural Balance Foods
• Kellogg Company
• Clif Bar
• Kashi
• Pharmavite

Key Coverage in the Cereal Bar Market Report

• Adjacent Study on the Energy Bar Industry
• Rising Growth of the Meal Replacement Bars in the United States
• Growth Analysis of the Superfoods in Cereal Bars
• Top 10 Emerging Trends in Nutritional Bars
• Analysis of Overview of Energy Bars Consumption in the United States
• Sales Assessment of Market Dynamics of Breakfast Bars Industry

Download the full report for in-depth insights. 

Key Segments

By Product Type:

• Snack Bar
• Energy & Nutrition Bar
• Protein Bar
• Granola Bar
• Others

By Application:

• Boost Energy
• Muscle Building
• Weight Gainer
• Meal Replacement
• Lean Muscle

By Flavor:

• Caramel
• Chocolate
• Peanut Butter
• Honey
• Others

By Form:

• Solid
• Liquid

By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• E-Commerce
• Specialty Stores
• Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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By 2021, the market for plant-based thickeners is projected to be worth USD 3.3 billion, growing at a CAGR of 8.8% between 2022 and 2032. In 2032, the market for plant-based thickeners is projected to be worth USD 7.6 billion.

Growing use of functional food ingredients and rising demand for vegan food products is expected to fuel the sales in the market. Further, as consumption of plant-based supplements rises, the demand in the market is predicted to surge.

Regionally, North America and Europe are expected to spearhead the growth in the plant-based thickener market. The growth in the region is underpinned by growing trend of veganism in the U.S. and the U.K.. Moreover, with increasing sales of plant-based food products and rising aversion of animal-based products will drive the sales in the market.

Key Takeaways from Market Study

• North America is expected to contribute nearly 38% of sales in the plant based thickener market share.
• The U.S. is expected to hold 65% of revenue in the North America plant based thickener market.
• Germany plant based thickener market holds 22% of share in European market.
• Asia is expected to contribute nearly 20% of sales in the plant based thickener market.
• China holds 32% of sales in the Asia Pacific plant based thickener market over the forecast period.

“Plant-based thickener market players are likely to capitalize on growing demand for vegan food products, especially in Asia and North America. Hence, these companies are focusing on expanding their manufacturing capacities to gain revenue.”, –says a lead analyst at Future Market Insights.

Competitive Landscape

Plant Based Thickener have a strongly competitive global market. Introducing new product variations, acquiring smaller market competitors, and raising awareness about the advantages of plant-based thickeners through different promotional activities and programmes are some of the main drivers driving market expansion in the near future.

Some of the leading companies offering Emsland Starke GmbH, Tate & Lyle, Cargill, Ingredion, Novidon, Sudstarke GmbH, Avebe, Agrana, Tereos are the major players in the market.

Get More Valuable Insights

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

The study divulges compelling insights on the Plant Based Thickener Market by Type (Organic, Conventional), By Type (Baked Goods, Jams & Marmalades, Yogurt, Cheese Cream, Seasoning, Canned Soups & Sauces), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, APEJ, and MEA).

Download the full report for in-depth insights.

Plant Based Thickener Market by Category

By Type:

• Organic
• Conventional

By Application:

• Jams & Marmalades

• Baked Goods
• Yogurt
• Seasoning
• Cheese Cream
• Canned Soups & Sauces

By Region:

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

Frequently Asked Questions

• How Big is the Plant Based Thickener Market?
• What is the North America Plant Based Thickener Market Outlook?
• At What Rate Will Plant Based Thickener Demand Grow in Europe?
• What Are the Key Trends Shaping the Plant Based Thickener Market?
• At What Rate Will Plant Based Thickener Demand Grow in China?

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube