Seed Testing Services Market Development Status, Competition Analysis, Type and Application 2028

The seed testing services market size in 2018 was ~US$ 725 Mn and is estimated to grow at a CAGR of ~6% during the forecast period 2018-2028.

The quest for quality necessitates emphasis on quality inspection and testing of agricultural products, including seeds and fertilizers, propelling growth of seed testing services market through 2028. According to the report, mandates for seed testing certifications to facilitate the international trade continue to call for sessions of comprehensive seed analysis, thereby creating a plethora of opportunities for the seed testing service providers.

As the global agricultural scene continues to embrace modernization in an effort to gain enhanced yields, the adoption of seed testing services for the purpose of fostering productivity is poised to tread on an ever-increasing path. According to FMI’s analysis, the adoption of purity tests is estimated to grow by leaps and bounds, followed by moisture tests.

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As purity and moisture tests continue to be among the basic prerequisites in the seed testing sessions, the adoption rates of these two tests are likely to reach new heights in the coming years. With more stringent and tight regulations coming to the fore, end users will exhibit a greater degree of confidence on vigor tests for warranting seed health and quality.

While off-site services continue to be well-received among the end users, demand for on-site services is estimated to pick pace through 2028. The demand for on-site services remains underpinned by increasing need for convenience and reliability, suggest FMI’s findings. In addition, growing availability of compact, lightweight, portable testing equipment, along with an increasing count of on-site testing service providers, is further complementing this growth.

Seed Processors at the Forefront of Demand for Seed Testing Services

Opportunities are imminent for the market players during the forecast period, as seed manufacturers (seed processors or seed refiners) continue to be at the forefront of demand for seed testing services. In order to align with this demand, market players vie to offer a wide range of testing services through accredited laboratories that are strategically positioned in multiple regions.

According to the FMI analysis, North America and Europe are estimated to emerge as the two hub spots of opportunities for the key stakeholders of the seed testing services market. However, the East Asia region is emerging as a bright spot for the market players to target at, with countries such as China and Japan being the front liners.

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In order to capture value across the fast-growing economies of East Asia, companies active in the seed testing services are gaining a granular understanding of varying trends with respect to segments, channels, and product lines. Skyrocketing focus on trading of field crops/seeds is further likely to provide the much-needed impetus to these regional markets, thereby offering new opportunity streams for market players to leverage.

According to the FMI analysis, key service providers operating in seed testing services are channelizing their efforts toward offering tailor-made services to serve specific end user needs. Mergers and acquisitions will continue to top the priority list of market players, as these alliances do have a major contribution to inorganic growth of these companies.

Key Segment

By Test Type

  • Purity Test
  • Moisture Test
  • Vigour Test
  • Germination Test
  • Others

By Service Type

  • Off-Site Services
  • On-Site Services

By Seed Type

  • Cereal Seeds
    • Maize
    • Soybean
    • Rice
    • Wheat
    • Other Cereals
  • Vegetable Seeds
  • Flower Seeds

End User

  • Seed Manufacturers
  • Farmers
  • Agriculture Consultants
  • Research Bodies
  • Others (distributors, etc.)

By Region

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

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

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Particle Counter Market to Achieve A High CAGR Of 4% During Forecast Period -2028

The particle counter market size in 2018 Nearly US$ 365 Mn and is expected to observe a CAGR of over 4% over 2018-2028.

A particle counter is an instrument used for monitoring the indoor air quality in workplaces and clean rooms as it determines the concentration of particles in the air. Various factors are impacting the overall growth of the market. Another key factor driving the growth of the particle counter market is the increasing usage of particle counters in the healthcare and pharmaceutical industry. Particles in pharmaceutical fluids are counted in compliance with pharmaceutical standards.

Airborne particle counters specifically designed to determine the quantity of the particles of the air. Airborne particle counters are generally utilised for maintaining the quality of air in the rooms as well as for testing to meet the regulatory compliances that are set based on industry standards or governments.

They provide users the convenience of measuring the airborne impurities in a sample. They are useful for checking the cleanliness of air within a measured environment such as a processing laboratory or a pharmaceutical research facility.

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Oil & Gas industry Generating High Demand for Liquid Particle Counters

In the oil & gas industry, particle counters are used for the hygiene control of liquid-based hydraulic solutions as well as for the examination of the contamination of injected water. Moreover, liquid particle counters are used in the aerospace industry to determine kerosene compliance with the DEF STAN 91-91 and IP 577 standards or barely inflammable hydraulic fluids.

Thus, the increasing demand for the liquid particle counters in the field of waste water and process water to determine the quality of water, as well as the increasing demand for the detection of the particle sizes in water treatment plants are also among factors boosting the particle counter market.

Based on regions, North America is expected to hold the prominent share of the particle counter market due to the increasing presence of the pharmaceutical sector. In the Middle East and Africa, there is increasing demand for liquid particle counters in the oil & gas industry. These are some of the factors are propelling the growth of the particle counter market.

North America is estimated to be a prominent region in the global particle counter market because of presence of a well-developed pharmaceutical and healthcare sector and numerous technological improvements in the region. The increasing spending on healthcare and pharmaceuticals is also responsible for boosting the growth of the particle counter market in North America.

Tier 1 Players Account for around 45% Global Market Revenues

The report tracks some of the key companies operating in the market, such as Lighthouse Worldwide Solutions, Airy Technology, PAMAS, RION Co., Ltd, Climet Instruments Company, Chemtrac Systems, Inc., Hach, Met One Instruments Inc., Cole Parmer, Zinter Handling Inc., Fluke Corporation, FLIR, and Kanomax. There are several other companies operating in the particle counter market. Beckman Coulter, PCE Instruments, TSI Inc., and Spectris Company are estimated to capture a prominent share of the particle counter market. These tier 1 companies hold a share of approximately 45% of the particle counter market.

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Particle Counter Market Taxonomy

The global particle counter market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach in front of the reader.

By Modularity Type

  • Benchtop
  • Portable
  • Handheld

By Product Type

  • Airborne Particle Counters
  • Liquid Particle Counters
  • Dust Particle Counters
  • Others

By Technology

  • Online Particle Counters
  • Offline Particle Counters

By Industry

  • Healthcare and Pharmaceutical
  • Oil and Gas
  • Food and Beverages
  • Automotive
  • Aerospace
  • Others

Region

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

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Elemental Analyzer Market Development Status, Competition Analysis, Type and Application 2027

The elemental analyzer market was reached nearly US$ 3.8 Bn in 2018 and is expected to observe a CAGR of approximately 5.8% over 2019-2027. Growth of the elemental analyzer market will continue to remain influenced by various factors, which range from adoption among institutes for ascertaining elemental concentrations, to introduction of novel products by vendors to deliver real-time, quick, and accurate results.

The study finds that more than 4 in 10 elemental analyzers sold worldwide are CHS analyzers, with sales in 2018 estimated at approximately 113 thousand units. One of the leading aspects underpinning CHS analyzer sales is the development of new compounds, such as silver vanadate, for use in permanent combustion tube packaging.

Discovery and introduction of such materials has led to greater capacity and increased activity for analysis of sulfur and halogens. Additionally, these novel materials act as indicators to signal their depletion, which in turn has enhanced the functionality and efficiency of new CHS analyzers being developed.

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The study opines that benchtop currently remains top-selling modularity of elemental analyzer, over the course of the forecast period demand for portable/handheld elemental analyzer will gain higher traction among end-users. Applications of elemental analysis continue to widen, to not only engulf research and development, but also product inspection and quality control at various manufacturing sites. This has further resulted in the requirement for higher degree of measurement and analytical capabilities, along with easier and faster operations.

Elemental Analyzer Market Vendors Focusing on Value-added Service Offerings

The study finds that leading vendors in the elemental analyzer market are focusing on providing value-added services to end-users. These vendors are increasingly delivering additional software, in combination with elemental analyzers, for successfully integrating the results obtained from the analysis.

This, coupled with growing focus of leading companies on data integration, will continue to provide an impetus to growth of the elemental analyzers market. In addition, key aspects such as collection of exploratory data for generating actionable insights, along with the software’s capability for running on multitude of workstations will continue to succor growth of the elemental analyzer market.

According to the study, elemental analyzers continue to seek extensive adoption among academic institutions, and the trend is expected to prevail in the near future. Academic institutes around the world are buying products apropos of elemental analysis to ascertain concentrations of elements in various matrices.

Several institutes are entering into strategic collaboration with the research laboratories, which has eventually led to improvements in the research activities across fields, including metabolomics, medicine and proteomics. Additionally, governments across the globe are providing significant funds to academic institutes to acquire necessary equipment for an array of analysis.

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Elemental Analyzer Sales Remain Robust in the Mining Industry

The study opines that elemental analyzer demand will remain comparatively robust in the mining sector, with sales estimated to accounting for nearly 30% volume share of the market in 2019. Elemental analyzers play a pivotal role in process control of flotation and grinding plants of the minerals processing operations. Demand for elemental analyzers in the mining industry will continue to grow as the requirement for high-availability, accurate elemental analysis remains for enabling improvements in the product quality.

The study states that nature of the elemental analyzer market will continued to be moderately fragmented, with leading companies directing their focus toward development of innovative products compliant with specific manufacturing standards.

Key Segment

Based on the product type

  • C-H-S analyzer
  • O-N-H analyzer
  • XRF analyzer

Based on the modularity type

  • benchtop
  • portable/handheld elemental analyzer

Based on the end use

  • mining
  • petrochemical
  • construction
  • steel
  • pharmaceutical industry

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

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Stability Test Chamber Market to grow at a rate of 5.8% by 2027 | Get Customized Reports

The stability test chambers market was valued at US$ 2.7 billion, which according to FMI’s analysis, will thrive at 5.8% CAGR through 2027.

Stability test chambers are widely used in various industries such as pharmaceutical, electronics, food & beverages, construction, and chemical. Stability test chambers are used to store and test a variety of products at specific humidity and temperature conditions. There has been phenomenal growth in industries, such as pharmaceutical and electronics, which is expected to significantly contribute to the growth of the stability test chambers market across the globe.

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Application Base of Stability Test Chambers Widening in Food, Pharma, and Electronics Industries

Several types of packaging and food preservatives need to be checked at different levels of humidity and temperature before they are sold in the market. Stability test chambers are used to check the various quality parameters of food, such as colour, odour, and taste. The increasing demand for packaging food due to changing lifestyle across the world is boosting the stability test chambers market.

The testing of various pharmaceutical products as per the pre-determined guidelines is one of the most important parameters for the pharmaceutical industry. Various types of drugs, medicines, and healthcare products need to be tested based on different factors such as light, humidity, and temperature. Stringent regulations associated with the testing of pharmaceutical products is boosting the stability test chambers market.

Stability test chambers are also used in the electronics industry to test various components such as semiconductors, power devices, transducers, capacitors, and resistors. The frequent usage of stability test chambers in the electronics industry is driving the stability test chambers market.

Stability test chambers are also used in cement manufacturing plants to inspect the quality of cement at various stages. Cement and concrete materials require accurate testing to ensure their integrity and lifetime quality. Increasing cement manufacturing plants and rapid growth in the construction industry worldwide is another factor boosting the stability test chambers market.

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Technologically Advanced Stability Test Chambers Gaining Traction as User-friendly Variants

The stability test chambers market has grown rapidly over the past few years due to the availability of technologically advanced stability test chambers. Technological advancements, such as precise temperature & humidity control, fog-free viewing window, humidity water filtration system, and computer interface, have made stability test chambers more user-friendly.

In addition, the availability of a variety of testing chambers, such as humidity and temperature test chambers, thermal shock test chambers, and altitude test chambers, is also significantly driving the stability test chambers market. Newly added features, such as a programmable timer, audio-visual alarm, and remote monitoring, are also boosting the demand for stability test chambers.

Rapid growth in the pharmaceutical & food industries and the existence of key manufacturing players in the North America and Europe regions are also among factors propelling the demand for stability test chambers.

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Key Companies in Stability Test Chamber Market Focusing on Industry-specific Instrument Development

According to the FMI analysis, Thermo Fisher Scientific Inc., and Weiss Technik North America, Inc. are among the prominent manufacturers of stability test chambers. Manufacturing and providing a wide range of stability test chambers to customers as per the industry requirements are among the key strategies followed by major players to capture a significant market share.

Some of the key manufacturers of stability test chambers are Guangdong sanwood instrument technology co.,ltd, Thermotron Inc., Falc Intruments s.r.l, Terra Universal. Inc., ESPEC CORP, Angelantoni Test Technologies, Scientific Climate Systems and Qualitest International Inc.

Key Segment

Based on Equipment Type

  • humidity & temperature test chambers
  • thermal shock test chambers
  • altitude test chambers

Based on Modularity type

  • Benchtop
  • walk-In
  • portable

Based on End User

  • pharmaceutical and biomedical
  • food and Beverage
  • electronics, construction
  • other end use

Based on Region

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

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will 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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Revivable Yeast Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2032

Newly released data from revivable yeast market analysis by Future Market Insights shows that global consumption of revivable yeast enjoyed a year-on-year (YOY) growth of 9% in 2022 to total sales of US$ 36.3 Mn. During the forecast period, the global revivable yeast market would observe a CAGR of ~10% accounting for projected sales of US$ ~100 Mn in 2032.

The revivable yeast market is expected to witness high growth in the forecast period. Consumer interest in product quality and safety is among key trends prevalent in developed countries, especially in Europe and North America. Consumers are curious about the accountability of providers of different raw materials used in food products.

Various chemicals and additives are used in the food products which can cause food poisoning and multiple allergies due to which consumers prefer natural, organic and gluten-free food products. Health awareness is increasing among the consumers due to which they are inclining towards gluten-free, fat-free, sugar-free and salt-free but high energy food products.

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The availability of the revivable yeast based products is increasing in the modern trade, convenience stores and online retail. Due to the increasing availability of revivable yeast the usage of revivable yeast as ingredient is rising globally. Due to high nutritional properties the consumption of revivable yeast is increasing by health-conscious consumers.

Some of the most renowned manufacturers of revivable yeast in the market are located in the developed countries from North America and Europe. Leading brands are sold via traditional store-based retailing in these countries, and are easily available to consumers.

Instagram and Twitter are among social media websites that are creating a positive perception about revivable yeast products. Food influencers are posting new recipes that use revivable yeast and promoting other products related to revivable yeast such as inactive dried yeast. As revivable yeast, which has an amazing revitalizing and rejuvenating effect on the skin and nail, it is gaining attention from consumers on social networking sites. Increasing usage of smart phones and other smart electronic gadgets influences the consumers in the developed regions and creates awareness of benefits of using revivable yeast for skin care and nail care.

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REVIVABLE YEAST MARKET TAXONOMY

The global revivable yeast market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Nature

  • Organic
  • Conventional

Form

  • Powder
  • Tablet
  • Capsule

Sales Channel

  • B2B
  • B2C
    • Modern Trade
    • Specialty Store
    • Convenience Store
    • Online Retail
    • Other Sales Channel

Region

  • North America
  • Latin America
  • Western Europe
  • North & Eastern Europe
  • APEC
  • China
  • Middle East & Africa

Who is winning?

Few of the leading players operating in the revivable yeast market are Quantum Nutrition Labs, Alltech, Kadac Pty Ltd., Lallemand Inc., Bob’s Red Mill Natural Foods, Lesaffre, Bioforce Canada Inc., Angel Yeast Company Ltd., NOW Foods, Cypress Ingredients, and others.

Multiple leading manufacturers of revivable yeast are focusing on mergers and acquisition to expand its geographical presence. Leading players acquiring small size companies of revivable yeast to strengthen their product portfolio.

  • In 2016, acquired Lage y Cía acquired by Lallemand Inc. The objective of the acquisition was to improve the geographical reach and strengthen its research and development activities related to yeast products.
  • In 2018, Alltech’s yeast extract facility in Serbia is acquired by Lesaffre. Lesaffre acquired Alltech’s to increase its production capacity of nutritional and health products.

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Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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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Food Grade Alcohol Market Set for Rapid Expansion during Forecast Period 2022-2032

According to Future Market Insights (FMI), the global Food Grade Alcohol market size is estimated to be valued at USD 4.0 billion in 2022 and is projected to reach USD 6.0 billion by 2032, recording a CAGR of 4.0% during the forecast period.

The global food grade alcohol market is expected to register substantial growth during the forecast period 2022-2032, driven primarily by its application as preservatives in foodstuffs.

The surging popularity of instant foods is providing immense scope for ethanol application across the food & beverages domain. Amid the COVID-19 crisis, the global food grade alcohol market is poised to experience minor deceleration in the short-run, attributed to gaps in the demand-supply equation due to government mandated lockdowns.

Food grade alcohol has been acquiring surging popularity across numerous application areas, ranging from food preservation t pharmaceutical formulations, cosmetics & fragrances manufacturing and spirits. Alcoholic beverages have long abandoned their premium tag, becoming more of a necessity than desire in various households.

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Rising disposable incomes have led consumers to demand specialized food and beverage products, compelling manufacturers to introduce innovative formulations across the market. This is touted to be a primary growth accelerator in the coming years.

Key Takeaways from the Report

  • Asia-Pacific likely to emerge as the fastest growing market through 2032
  • Growing demand for clean-label products to accelerate organic food grade alcohol market
  • By function, food preservation to remain lucrative, pharmaceutical usage gaining traction
  • Sugarcane-sourced alcohol demand to remain consistent, fruit-based alcohol acquires momentum
  • Spirits production to remain a key food grade alcohol application area

COVID-19 Impact Insights

The novel coronavirus pandemic has drastically altered the global economic landscape. Several industries are relegating growth projections to much lower levels than the pre-pandemic levels. The food grade alcohol market has made similar adjustments.

According to experts, the near-term forecast appears to be quite sluggish. Growth is being stifled due to strict curbs on logistics, rendering procurement of ingredients required for the production process quite difficult. This is expected to last until the latter half of 2021.

At the same time, uptake across the pharmaceutical and personal care industries is sustaining demand. Since the pandemic’s onset, hand sanitizer sales have spiked exponentially, with consumers hoarding vast quantities of sanitizer sachets and bottles. Most of these use ethanol in conjunction with other alcohol variants.

Since it is highly effective in eradicating surface grade viruses, uptake of food grade alcohol across the aforementioned industries is slated to witness further growth in the upcoming forecast period.

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Food Grade Alcohol Market Players

The global food grade alcohol market is interspersed with numerous regional and global level manufacturers, rendering it highly competitive. Prominent players include Archer Daniels Midland Company, Cargill Inc., Fairly Traded Organics, Ethimex Ltd., Organic Alcohol Company, GLACIAL GRAIN SPIRITS, CHIPPEWA VALLEY ETHANOL COMPANY, Essentica, MGP Ingredients, and Altia Industrial.

Common strategies employed by the aforementioned players include product innovations & launches, collaborations & partnerships with existing players, acquisitions and strengthening of regional distribution and supply chain networks. The presence of such a wide number of vendors renders the market highly competitive.

More Valuable Insights on Food Grade Alcohol Market

Future Market Insights, in its new report, offers an unbiased analysis of the global food grade alcohol market, analyzing historical demand from 2015-2019 and forecast statistics for 2022-2032. The study reveals growth projections on the food grade alcohol market on the basis of nature (organic and conventional), application (spirits, vinegars, extracts and cosmetics & fragrances), function (aromas, preservatives, solvents, disinfectants and others) and source (sugarcane, wheat, rye, barley, corn and others) across seven prominent regions.

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Key questions answered in the report

  • How will the food grade alcohol grow from 2022-2032?

According to FMI’s estimates, the global food grade alcohol market is anticipated to embark on a largely positive trajectory, expanding steadily throughout the forecast period. A near-term sluggishness is expected due to disruptions in supply-demand equilibrium as a result of COVID-19.

  • Which is the most lucrative application area for food grade alcohol?

The food segment is expected to generate credible growth opportunities, attributed to its use as preservatives for instant foods. Also, projections indicate the pharmaceutical industry to make extensive usage of food grade alcohol to formulate drugs, anaesthetics, lotions and solvents.

  • Which is the most preferred food grade alcohol source?

Sugarcane is the dominant source for extracting food grade alcohol. However, fruit based alcohol is becoming equally popular, owing to the presence of high sugar content necessary to initiate the fermentation process.

  • How is COVID-19 likely to impact food grade alcohol market?

In the short-run, the global food grade alcohol market is expected to experience deceleration due to constraints in procuring raw materials due to government imposed shutdowns. This is expected to ease eventually, owing to extensive applications across the pharmaceutical industry to manufacture hand sanitizers.

  • Which is the largest food grade alcohol market?

North America currently dominates the global food grade alcohol market. Asia-Pacific, however, is slated to emerge as the most rapidly expanding market through 2032, with countries such as India and Thailand spearheading growth.

  • Which are the prominent food grade alcohol vendors?

Prominent food grade alcohol vendors included in this report are Archer Daniels Midland Company, Cargill Inc., Fairly Traded Organics, Ethimex Ltd., Organic Alcohol Company, GLACIAL GRAIN SPIRITS, CHIPPEWA VALLEY ETHANOL COMPANY, Essentica, MGP Ingredients, Altia Industrial, Highwater Ethanol LLC, Roquette Freres, Grain Processing Corporation, Fonterra Co-operative Group and Malindra Group.

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:

Future Market Insights Inc.

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Dairy Blends Market 2022 Growth, COVID Impact, Trends Analysis Report 2032

The global dairy blends market is estimated to be valued at USD 2.4 Bn in 2022. According to a newly released report by Future Market Insights (FMI), the overall market value is expected to reach USD ~4.5 Bn by 2032, rising at a CAGR of ~7.0% during 2022-2032.

Dairy blends are dairy mix ingredients from butter or cream concentration mixed with vegetable oils. Dairy blends are insipid and are hence mixed with non-dairy ingredients like sugar, cocoa powder, vegetable fats, dextrin, aroma, salt, and other flavorings to add flavor. Dairy as a functional food is renowned and hence dairy products are usually sold at a very high price but dairy blends can be imported at a much lower price in comparison to the dairy products list.

Dairy blends are in high demand across diverse sectors, among which bakery segment has emerged as a key end user. Dairy blends, in form of both spreadable blends and powder, are often used in making cakes and breads. These blends are often used to make cake toppings of different flavours.

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Rising Demand for Healthier Alternatives to Traditional Dairy Products Creates Opportunity for Expansion

Consumers have become more concerned about their health and wellbeing than ever before. As a result, replacing traditional meal with food with higher nutritive value has become their top priority. This definitely gives impetus to dairy blends producers, since their products are often touted as healthier alternative to traditional dairy products such as whole milk. Dairy blends are believed to contain all the necessary dairy nutrient but are low in fat content. As a result their popularity is surging among consumers looking to reduce cholesterol and weight.

Who is Winning?

Some of the leading players operating in the dairy blends market are Fonterra Co-operative Group (Anchor), Abbott Nutrition, Cargill Inc., Advanced Food Products, All American Foods, Inc., Agri- Mark Inc., Hormel Specialty Products, Cape Food Ingredients, Friesland Campina N.V., Pacificblends Ltd., Doehler Group, Kerry Group, and Agropur Ingredients

Studies suggest that the global dairy blends market is gradually heading towards fragmentation. The rising awareness about the use of dairy blends and their cost effectiveness, are two primary factors making the market highly lucrative. Therefore, it is likely to witness the entry of several new players in the coming years.

Dairy Blends Market Segmentation

The global dairy blends market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Application :

  • Infant Formula
  • Ice Cream
  • Bakery
  • Confectionery
  • Butter & Cheese Blends
  • Beverages
  • Others

By Flavor :

  • Regular
  • Flavoured

By Form :

  • Spreadable
  • Powder
  • Liquid

By Distribution Channel :

  • B2B
  • B2C
    • Modern Trade
    • Convenience Store
    • Forecourt Retail
    • Online Retail

By Region :

  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • Oceania
  • Middle East & Africa

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Key Research Findings

  • The global dairy blends market was valued at US$1.8 Bn in 2019. The market is poised to grow at an impressive 7.6% through the forecast period (2019-2029)
  • Dairy blends are finding high uptake in the bakery segment which has emerged as a key end user. Products such as spreadable blends and powder are being increasingly used to make cake toppings with myriad flavours.
  • Demand for dairy blends is anticipated to surge in the foreseeable future as leading stakeholders focus on innovation to attain hegemony in the market.
  • Regionally, North America is slated for extremely high growth owing to the high consumption of dairy products in the region. High demand for dairy blends in China will stoke growth in the Asia Pacific region.
  • Regular dairy blends are forecast to maintain their lead during the forecast period on back of their soaring popularity and high demand
  • While consumer patterns for dairy blends are normalizing in countries such as China, US is foreseen to suffer with a slump in demand as infections soar and large scale quarantines

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:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Zero Calorie Chips Market | Potential growth, attractive valuation make it is a long-term investment 2022-2032

The global zero-calorie chips market is expected to grow at a CAGR of 6.7% between 2022 and 2032, totaling around US$ 3.77 Bn by 2032. Surge in lifestyle diseases, increasing health awareness, rise in millennial population, and rapid shift towards healthy snacks are some of the key factors propelling sales of zero calorie chips.

Millennial snacking culture worldwide is playing a crucial role in driving the global zero calorie chips market. Young consumers, particularly millennials, are at the forefront of the snacking revolution, with one in every four now reporting that they snack 4+ times per day, compared to 10% of Generation X and baby boomers.

Millennials are driving the market with what’s hot, tying their interest in snacks to other values like demand for label-friendly and organic ingredients, as well as less-processed foods. They also have a taste for adventure in both food and experiences, so they seek out new and unique products, such as salty snacks from other cultures or with bold, spicy flavors.

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Though millennials are ahead of the curve, many of the trends behind snacking transcend generational boundaries, with adult consumers across generations seeking an appropriate diet to help them lose or maintain weight, and increasingly believing that snacking, or smaller meals, is a better approach.

Although there is conflicting evidence about whether eating small meals is truly beneficial for weight management, experts agree that the quality of snacks, such as those containing whole grains, is important. Thus, consumers are shifting their preferences towards healthy snacks like zero calorie chips. This will continue to accelerate growth of the zero calorie chips market.

Consumers today are not substituting convenience for quality, rather they are becoming more mindful snackers, and looking for products that are fresh, healthy, less processed, with simple, natural ingredients.

Key Takeaways from Market Study

  • Based on source, the potato segment is likely to continue dominating the global zero calorie chips market, accounting for around 64.9% of the revenue and it is expected to grow with a CAGR of 5.9% over the forecast period.
  • In terms of price range, medium segment is expected to grow at 6.4% CAGR between 2022 and 2032, holding around 6.4% CAGR over the forecast period.
  • By packaging type, the pouches segment is expected to grow at a CAGR of 3% over the next ten years.
  • The U.S. zero calorie chips market is likely to grow at 9% CAGR over the forecast period.
  • Demand for zero calorie chips in the U.K. is slated to grow at a CAGR of around 2% between 2022 and 2032.
  • The zero calorie chips market in China is expected to grow at a CAGR of around 2%over the forecast period.

“The rising demand for healthy and on-the-go snacks are acting as catalysts for escalating growth of zero-calorie chips market. Besides this, social media is also playing a silent role in advocating the adoption of zero-calorie chips through lifestyle bloggers and dieticians.” says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of global zero-calorie chips market are majorly focusing on research & development in order to develop innovative and unique product offerings. In addition to this, they are also concentrating on mergers, acquisitions and joint ventures to expand their geographical presence and also to increase the existing production capacity. For instance

  • In April 2022, Mondelēz International announced a US$ 1.3 billion deal with Grupo Bimbo to acquire Ricolino, its confectionery business. Ricolino is a growing company that is a market leader in Mexican confectionery.

Explore More Valuable Insights

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

The study offers compelling insights based on Source (Potato, Tortilla, Tapioca), by Distribution Channel (B2B, B2C) by Price Range (Economy, Mid-Range, Premium) by Packaging (Pouches, Box, Combination Pack) and across seven major regions of the world.

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Frequently Asked Questions
What is the current size of the global zero calorie chips market?
At what rate will demand for zero calorie chips grow through 2032?
What is the demand outlook for North America zero calorie chips Market?
Who are the key players operating in the global zero calorie chips market?
At what rate will zero calorie chips demand grow in China?

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:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Cacao Beans Market 2022-2032: Industry Size & Share, Segmentation, Growth Opportunities, Regional Analysis

The global cacao beans market is expected to witness a significant CAGR of 7.4% in the forecast period and to be valued at more than USD 28.4 billion by 2032.

Since the chocolate industry is expected to grow quickly in developing nations like China and India, there is likely to be a greater need for cocoa beans as middlemen. The expanding importance of coating in processing vegetables, fruits, and cereals for better flavor is predicted to drive up demand for cacao beans.

The chemical is used in various industries, including functional food and beverage, confectionery, medicines, and cosmetics, due to its positive health benefits, including reducing the symptoms of hypertension and chronic fatigue syndrome.

Currently, organic farming accounts for 4.6% of cocoa bean production. Since it is a challenging crop to grow organically, there are still challenges in increasing total production to meet consumer demand for organic agricultural goods.

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The European cacao bean industry needs a steady stream of cacao beans with the necessary qualities to meet our wide range of end uses. The complicated market for chocolate and goods derived from cacao requires a variety of cacao beans to suit consumer demands for quality and taste, as well as cost-effectiveness, food safety, and efficiency.

Key Takeaways from Market Study

  • The cacao beans market is expected to expand at a CAGR of 7.4% over the forecast period.
  • The cacao beans are expected to have a market value of US$ 28.4 billion by 2032.
  • Among the bean type segment, Forastero is dominating the segment, holding around 80%. The revenue and it is expected to have a CAGR of 5.3% over the forecast period.
  • Among the application segment, Food & Beverages is expected to dominate the cacao beans market, holding more than 65.6% revenue share, and it is expected to develop around 5.3% CAGR over the forecast period.
  • Among the natural segment, conventional dominated the nature segment, holding around 87.5% in 2022, and it is expected to grow with a CAGR of 6.2% over the forecast period.
  • Among sales channels, B2B is dominating the cacao beans market and expected to dominate the market in 2032.
  • North America holds a significant share of 85.9% in the cacao beans market.

 “The increasing consumption of chocolate products and changing lifestyles are escalating demand for Cacao-beans,” says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of the global cacao beans market are majorly focusing on research & development in order to develop innovative and unique product offerings. In addition to this, these key players in the Cacao-beans market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and also to increase the existing production capacity.

For instance

In June 2021, Hershey acquired Lily’s Sweets, a low-sugar chocolate manufacturer, as part of the U.S. chocolate giant is seeking to expand its product portfolio of better-for-you snacking brands. Cynthia Tice founded the company to sweeten traditional chocolate indulgences with stevia.

Explore More Valuable Insights

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

The study offers compelling insights based on bean type (Forastero, Trinitario, Criollo), by Application (Food & Beverages, Pharmaceuticals, Cosmetic and Personal Care), by Nature (Organic, Conventional), by Sales Channel (B2B, B2C), by Product type (Powder, Cacao Butter, Paste/Liquor), by Voluntary Sustainability Standard (UTZ certified, rainforest alliance, Fairtrade international) across seven major regions of the world.

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Frequently Asked Questions
What is the Growth Outlook of the Cacao Beans Market?
How is the Current Size of Cacao Beans Market?
What is the Europe Cacao Beans Market Outlook?
At What Rate Will Global Cacao Beans Demand Grow in North America?

About FMI

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Non-Gmo Food Products Market Huge Demand, Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2032

Newly released data from the non-GMO food products market analyzed by FMI estimates that the non-GMO food products market enjoys a growth rate of 10.4% at present. The market is expected to witness a prominent growth rate of a CAGR of 13.2% to reach the value of US$ 144,322 Mn in 2031.

The worldwide non-GMO food products market will gain traction as consumer demand grows due to changes in dietary trends like healthy eating, opting for natural food products, etc. This change is driven by an increase in the number of health-related issues and raising awareness of the harmful consequences of eating genetically modified foods.

Rise of smart labels that facilitate instant access to product specific information is another factor that is propelling the growth for transparent non-GMO food manufacturers globally. The market is anticipated to cross a market value of US$ 3.4 Bn by the end of 2031.

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Key Takeaways of non-GMO Food Product Market Study

  • Grains and Cereals will dominate market demand with a multiplying growth rate of 22% through the end of 2029.
  • Bakery & Confectionary products present gainful opportunities with a stupendous growth rate of 19% during the forecast period.
  • Dairy products is another segment that will register a CAGR of 16% from 2019 to 2029.
  • Indirect distribution channels will maintain share-wide and growth-wise dominance throughout the forecast period.
  • North America and Latin America collectively account for more than half of total market value. This can be attributed to the early adopting nature of North American countries and rising millennial population in Latin America.

Consumer Preferences Shape Growth Trajectory

Increase in purchase potential and decrease in production costs is creating remunerative synergy in the market. This is fueled by advancements in packaging and labelling along with proactive consumer participation. Major players are investing in developing consumer communities that support long-term revenue generation.

The non-GMO food products market is dependent on consumer awareness and prevalence of plant-based and vegan diets that require daily consumption of food products manufactured from non-genetically modified organisms.

Who’s Wining?

Competitive landscape in non-GMO food products market is fragmented with the presence of multinationals, niche-manufacturers, and SMEs. Major players that shape the global non-GMO food products market are Cargill, Inc., Associated British Foods Plc, General Mills Inc., Kraft Heinz, Archer Daniels Midland Company, Danone, Nestle S.A., The Hain Celestial Group Inc. Key players in the market are forging strategic partnerships that ensure sustained revenue prospects.

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Market Segments Covered in Non-GMO food products Industry Analysis

By Nature :

  • Organic
  • Conventional

By Product :

  • Grain and Cereals
    • Wheat
    • Soya
    • Corn
    • Others
  • Bakery and Confectionery
    • Bread
    • Pastry
    • Candy
    • Others
  • Beverages
    • Alcoholic Beverages
    • Non-Alcoholic Beverages
  • Dairy Products
    • Yogurt
    • Cheese
    • Ice cream
    • Others
  • Infant Food
  • Condiment, Dressing, & Oil
    • Vegetable Oils
    • Jam, Jellies
    • Syrups
  • Others (Spices, soups, etc.)

By Distribution Channel :

  • Direct Sales/B2B
  • Indirect Sales/B2C
    • Supermarket/Hypermarket
    • Wholesaler
    • Online Retail
    • Specialty Stores
    • Other Retail Format

Region :

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

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Key Questions Answered in the Report

How much is the Non-GMO food products market current worth?

Non-GMO food products market size is worth more than US$ 41,510 Mn.

At what CAGR is the market expected to grow?

Non-GMO food products consumption is expected to grow at a CAGR of around 13.2% during the period 2021-2031.

How was the performance in the last five years?

In terms of revenue non-GMO food products grew at a CAGR of around 10.4% during 2016-2020

What are the key trends boosting Non-GMO food products sales?

Non-GMO food products are gaining traction due to concerns over the effect of genetically modified foods on health, advanced technologies, shifting consumers’ preference towards healthy food products are the latest trends of non-GMO food products being observed in the market.

How are market players reacting to the new developments in the market?

Market companies are choosing to aim at research and development, consolidation of distribution channel in emerging countries, new product introductions to stay a noticeable player in the global market.

Which are the major countries driving demand for the Non-GMO food products Market?

The US, Russia, UK, China, Brazil, Germany, India are the major countries driving demand for non-GMO food products.

At what level does the report reflect pricing analysis?

The report presents a detailed cost analysis of non-GMO food products based on products i.e. grain and cereals, bakery & confectionery, beverages, dairy products, infant food, condiment, dressing, & oil, and others.

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:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com