Golf Cart Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2032

Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, the global golf cart market is estimated to be valued at ~US$ 2.59 Bn in 2021, expanding at a CAGR of ~4.3% during the forecast period from 2021 to 2031. While the COVID-19 outbreak hampered sales to an extent, the market is likely to recover 2021 onwards.

With the rising focus on renewable energy, the demand for solar-powered and electric vehicles is increasing. The trend also is visible in the golf cart market. According to FMI, electric golf carts are expected to account for over 87% of sales in 2021. Driven by changing preferences of consumers, some of the leading manufacturers are focusing on developing technologically advanced intelligent braking system for golf carts. This is indicating towards the potential launch of driverless golf carts.

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The research report analyzes demand trends within the global golf cart market. The global market estimation and growth projection are based on factors such as rapid urbanization, automotive industry development, COVID-19 crisis impact, increasing per capita income, and growth in the international and national tourism industries. As per FMI’s research scope, the global golf cart market has been studied and segmented on the basis of product type, operation, application, ownership and region. The global golf cart market report also details global golf cart cost analysis, and market presence of leading manufacturers.

Key Takeaways of Global Golf Cart Market Study

  • After registering negative growth in 2020, golf cart sales is expected to pick up 2021 onwards
  • The U.S. market will prove excessively lucrative, accounting for dominant 78.3% sales in 2021
  • After deceleration in sales, the U.K. market will exhibit recovery, registering 2.6% Y-o-Y growth in 2021
  • Other than U.K., Germany and France will emerge as key markets within Europe
  • China will continue dominating East Asia market, followed by Japan and South Korea

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 “Driven by increasing focus on reducing emissions and the rising demand for energy-efficient mobility solutions, golf cart manufacturers are expected to focusing on the production of solar powered and electric golf carts. With this trend unlikely to slow down in the near future, the market will continue gaining impetus through the forecast period,” says FMI analyst.

Global golf cart market is expected to be an opportunistic market in the forecast period due to growing golf sports infrastructure and its applications in various sectors. As this low speed and compact vehicles have numerous applications, starting from their primary application in golf courses to their applications in sports events, airports, resorts, hospitals, warehouses, railway stations, universities, and housing projects, their demand is expected to rise considerably in the coming years.

For instance, Club Car, LLC Club car, a leading company in golf cart market, has introduced its lithium ion-powered golf cart technology in 2019. Such efforts by leading players are expected to bode well for the market.

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Key Questions Answered in the Report

  • Which is the most lucrative market for golf cart?

East Asia currently leads the global market for gold cart, accounting for over half of sales registered. Within East Asia, China has emerged dominant.

  • Which are the top-selling golf carts?

Electric golf cart is the top selling product in the market. The rising focus on sustainability and demand for technologies that will help in reducing carbon footprint globally will continue aiding electric golf cart sales.

  • Which is the key application of golf carts?

Golf carts are widely used in golf courses, which is expected to remain dominant application. Besides this, industrial use of golf carts is expected to increase, which will continue aiding sales in the coming years.

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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Automotive Pump Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

Sales of automotive active purge pump is likely to set to witness a quantum leap at a CAGR of over 63% through 2026, as per the latest research study by FMI. Automotive active purge pump sales will continue to be highly influenced by the emission-related norms and race among automakers across the globe to comply with the same.

According to the FMI report, rising cognizance of emission control and scramble for fuel efficiency among motorists are likely to spur revenue growth of automotive active purge pump market. Poor air quality on account of fossil fuel combustion remains a chief concern across urban cities, triggering demand for installation of automotive active purge pumps for effective emission control. Prominent organizations, such as WHO, state that urban air pollution remains a pressing issue and effective emission control can help in tackling the aforementioned. This, in turn, is likely to result in intensified demand for effective automotive equipment for emission control, including automotive active purge pumps, unveils the FMI study.

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Rising governmental intervention for effective emission control and growing number of initiatives for curbing vehicular emissions are likely to create untapped potential for growth of automotive active purge pump market. Opportunities are imminent for the manufacturers in automotive active purge pumps market with the growing proliferation of hybrid vehicles” finds the FMI analysis.

Non-Metal Automotive Active Purge Pumps to Outsell Metal Variants

As per the report, automakers continue to show noticeable preferences for non-metal automotive active purge pumps over the metal variants. The high demand for non-metal automotive active purge pumps can be ascribed to cost-effectiveness and easy availability, unlike the metal automotive active purge pumps. Pervasive trend of ‘light-weighting’ in the automotive space is creating a massive shift toward non-metal components over metallic ones, which is another chief aspect boosting demand for non-metal automotive active purge pumps among end-users.

Demand for effective automotive active purge pumps via aftermarket is likely to witness sheer proliferation during the assessment timeperiod, finds the FMI analysis. The emergence of novel technologies and subsequent shifts in customer demands are stimulating the aftermarket players to undergo a ‘self-analysis’ of their foothold in the fast-changing automotive ecosystem. Rising awareness of emission-control and its importance is boosting automotive active purge pump sales in aftermarket, as the existing vehicles are being equipped with these pumps for better compliance with hydrocarbon emission regulations.

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Asia Pacific to Emerge as a Potential Market with the Regional ‘Makeover-Ready’ Automotive Industry

According to the FMI report, Europe remained lucrative market vis-à-vis automotive active purge pump sales during the assessment period. However, Asia Pacific is likely to emerge as another lucrative region, with a booming automotive industry going through significant ‘makeovers’ to be compliant-ready vis-à-vis emission control. Moreover, adoption of technologies across both of these regions and burgeoning vehicle production are some of the broad factors contributing to the regional market growth.

Manufacturers Focus on Integration of New Advancements & Algorithms to Improve Product Positioning

The leading players operating in the automotive active purge pump market space have been profiled in the automotive active purge pump market report, including Agilent Technologies and Continental AG. Moreover, potential manufacturers in the automotive active purge pump market, including Denso Corporation and Robert Bosch GmbH have also been profiled, wherein their strengths and weaknesses have been discussed in detail. Competition between manufacturers to offer ‘better than the rest’ products is likely to result into an inflow of new products with enhanced functionalities. Various advancements and algorithms being integrated with products by leading companies are likely to attract end-use interest in brand-specific products, says the FMI report.

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Key Segment

On the basis of material type

  • metal
  • non-metal

On the basis of regions

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

Automotive Active Purge Pump Market-A Deep-Dive into Segmental Analysis

On the basis of material type, automotive active purge pump market has been segmented into metal and non-metal. End-users continue to show marked preferences for non-metals over metals, with non-metal automotive active purge pumps estimated to account for a major chunk of the global market share over the forecast timeline. Promising developments in the metallurgy space (material technology) has induced a massive shift to non-metals, which also makes it the popular material type in the automotive active purge pump market.

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.

Contact:

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Microbial Food Cultures Market 2022 | Latest Trends, Demand, Growth, Opportunities and Outlook Till 2032

Microbial Food Culture Market was projected to reach a valuation of US$ 1.9 Bn in 2022 and expected to reach at US$ 3.5 Bn in 2032, likely to surge at a vigorous 6.1% CAGR during Forecast 2022 – 2032.

Microbial food cultures are a group of microorganisms such as bacteria, fungi, and mold used in the food and beverage industry for processing food items. They are often used to preserve food, improve and enhance the nutritional value, so it does not depreciate.

Times before now, fermentation has been a food preservation process practiced worldwide. Fermented food products have been part of humans’ regular diet. There are many health benefits attributed to fermentation as a food preservation process, and this has fostered the rise in demand for food products or items preserved through it.

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The microorganisms used in food cultures often impart acidity, flavour, and texture to final food products. While the organisms are present on food naturally, they can also be added artificially as a starter culture in the industrial food processing.

Growing demand for natural products, rising disposable income, and the increasing number of working women are major factors driving the growth of the global microbial food culture market. Other factors, like increasing consumers’ awareness regarding the health benefits associated with the consumption of natural products, is another growth driver expected to drive the microbial food cultures market forward over the forecast period.

Microbial Food Cultures Market Growth Driven by Increasing Demand for Starter Cultures

Over the years, there has been substantial growth in the consumption of fermented food products due to their valuable traits such as the extension of shelf life, preservation, and sensory quality. These attributes have fostered the rise in demand for microbial food cultures market, and this is expected to continue over the forecast period.

However, fermented food products are manufactured using the starter cultures process for specific and expectable fermentation. Starters such as yeast and Lactic Acid Bacteria (LAB) are the highly studied starters used in various fermented food product production process.

Growing Consumer Demand for Healthy Food Products

With the rise in awareness regarding the health benefits associated with the consumption of fermented food products, there has been a surge in demand for microbial food cultures globally. Consumers are on the rise for healthy food products such as functional food and probiotic food supplements.

This surge in consumers’ demand has fostered the increase in demand for microbial food cultures, and this is expected to continue over the forecast period. In addition, manufacturers are switching towards the production of new food products with value addition of

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Microbial Food Cultures Market: Competitive Landscape

  • AECI Limited
  • CSK Food Enrichment
  • Cargill Incorporated
  • Chr. Hansen A/S
  • Lactina Ltd.
  • Koninklijke DSM N.V.
  • Frutarom
  • The TATUA Co-operative Dairy Company Ltd
  • Vitakem Nutraceutical In.

Microbial Food Culture Market by Category

By Product Type:

  • Probiotics Culture
  • Starter Cultures
  • Adjunct and Aroma Cultures

By Microorganism Type:

  • Bacteria
  • Mold
  • Yeast

By Function:

  • Flavoring Agent
  • Texturizing Agent
  • Preservative Agent
  • Coloring Agent
  • Nutritional Agent
  • Other Functions

By End-Use Industry:

  • Dairy Industry
  • Beverages
  • Bakery and Confectionery Industry
  • Fruits and Vegetable Industry
  • Other Industries

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Frequently Asked Questions

  • What is the demand outlook for the microbial food culture market currently?
  • At what growth rate is the microbial food culture market expanding?
  • How much is the microbial food culture market expected to be valued at over the forecast period?
  • Where is the microbial food culture market expected to expand in the coming years?
  • Who are the key players in the microbial food culture market?

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Food Grade Ammonium Carbonate Market Summary, Value Structure Analysis, Growth Opportunities And Forecast To 2032

The global food grade ammonium carbonate market size is expected to be valued at US$ 289.5 Million in 2022. Increasing consumption of processed food items in both developed and developing countries is likely to drive the market.

As per FMI, sales of food grade ammonium carbonate are projected to reach US$ 796.3 Million in 2032 and exhibit growth at a CAGR of 11.4% in the forecast period from 2022 to 2032. Surging usage of food grade ammonium carbonate in the bakery and confectionery industry worldwide is set to push growth. Food grade ammonium carbonate is also known as Baker’s Ammonia or hartshorn salt. Ammonium carbonate is a leavening ingredient that is widely used in various old-fashioned recipes as it instantly degrades to carbon dioxide and gaseous ammonia upon heating.

Consequently, the salt witnesses a range of applications as a leavening agent as well as a smelling salt in the food industry. The increasing adoption of food grade ammonium carbonate in bakery sector can be attributed to its ability to make extra-crisp crackers or cookies.

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Unlike baking soda or powder, food grade ammonium carbonate does not leave behind any alkaline off-flavor in final baked goods. However, the use of food grade ammonium carbonate is limited to small goods only, as the ammonia gas fails to evaporate from cakes or other large items.

Some of the leading players operating in food grade ammonium carbonate market are ECSA Chemicals, Thermo Fisher Scientific, Avantor, BASF, Sandvik Materials Technology, TCC, AMRESCO, and Honeywell. Amid the growing competition in the good grade ammonium carbonate market, manufacturers are increasing focusing on expanding their business through strategic partnerships.

Unique Benefits of Food Grade Ammonium Carbonate as Leavening Agent Fueling Market Growth

With the demand for well baked, and crisp goods with extended shelf life growing at a fast pace, manufacturers in the baking industry are increasingly adopting food grade ammonium carbonate as a leavening agent. This growing adoption of food grade ammonium carbonate can be attributed to the various unique advantages of baking ammonia over other chemical leavening agents for baking some specific kinds of cookies.

As baking ammonia increases the pH level in cookies, it weakens the gluten in the final goods. Food grade ammonium carbonate when used as a leavening agent, it creates a finished product that has more spread and tenderness while forming coarser, more-open crumb that instantly dries to a crisp.

Food Grade Ammonium Carbonate Market: Segmentation

Based on forms, the food grade ammonium carbonate market is segmented into:

  • Lumps
  • Powder

Based on applications, the food grade ammonium carbonate market is segmented into:

  • Crackers
  • Biscotti
  • Dry cookies.

Food Grade Ammonium Carbonate Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Food Grade Ammonium Carbonate market. Competitive information detailed in the Food Grade Ammonium Carbonate market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Food Grade Ammonium Carbonate market report.

Important Questions Answered in the Food Grade Ammonium Carbonate Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Food Grade Ammonium Carbonate market been expanding during the forecast period?
  • How will the global Food Grade Ammonium Carbonate market look like by the end of the forecast period?
  • What innovative strategies are adopted by Food Grade Ammonium Carbonate market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Food Grade Ammonium Carbonate market?

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Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Food Grade Ammonium Carbonate market

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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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Egg White Cubes Market 2022 Size, Share, Technological Innovations and Growth Forecast To 2032

The global egg white cubes market size is expected to be valued at US$ 541.7 Million in 2032. Increasing usage of egg protein in the sports nutrition and bakery industries is likely to augment sales of egg white cubes in the upcoming years.

As per a report by FMI, the global egg white cubes market is anticipated to reach US$ 296.3 Million in 2022 and exhibit steady growth at a CAGR of 4.2% in the forecast period from 2022 to 2032. Surging development of egg protein powder with various flavors, such as strawberry, vanilla, and chocolate is a major factor that is set to push the global market.

The demand for egg white protein has been growing significantly over the recent years, owing to the increasing consumer awareness about the health benefits of egg consumption. Egg white protein is rich in the secondary amino acids, mainly the BCASSs which is required for muscle strength. Furthermore, egg white proteins enable rapid recovery post workout, due to which they have been gaining increased traction from athletes and gym enthusiasts. Egg white cubes are composed of egg albumen liquid, and taste similar to boiled white eggs. The numerous health benefits of egg white content is fueling growth in egg white cubes market.

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Egg White Cubes Market – Competitive Landscape   

Some of the leading players operating in the egg white cubes market are Copain, Munax ltd., and SKM Egg Product Exports Ltd. Sensing the market potential for egg white cubes in India, SKM Egg Product Exports Ltd. has introduced a novel egg white cube made from chicken egg white. SKM’s launched egg white cube is ready-to-eat, and can be used in numerous dishes.

Although the product is being well-received by consumers, awareness about its availability is still at a nascent stage. As far as product penetration is concerned, only a handful of players have launched this product in different markets. However, it is highly likely that more brands will make a foray in this lucrative category.

Manifold Health Benefits of Egg White Auguring Market Growth

Altering food habits have accelerated the egg protein consumption across the world. Numerous health benefits associated with egg white intake, such as muscle building and weight management are creating lucrative growth opportunities for egg white cube manufacturers. Egg white protein contains adequate amount of nine essential amino acids, which the body needs to function optimally.

As egg white cubes are composed of protein rich, fat-, cholesterol-, and pesticide residue-free egg albumen liquid, their adoption is growing at a rapid pace. Furthermore, shifting consumer preference for healthy food and rising disposable income in the developing economies is auguring well for the growth of egg-based products such as egg white cubes. All these factors are driving growth in egg white cubes market.

Shifting Consumer Lifestyle & Rapid Urbanization Fueling Demand for Ready-to-Eat Food Products

Ready to eat food is defined as plant and animal derived food that is washed, cooked, frozen and processed for direct consumption after heating. As this food saves time and energy, it is witnessing high adoption in the deadline-driven world. Moreover growing consumer preference for nutritional small quantity of ready to eat food over conventional large meals in busy schedules, is favoring uptake of on-the-go convenience foods, such as egg white cubes. Consequently, rapidly changing food consumption behavior of consumers, coupled with the lack of time to cook at home, are creating lucrative growth opportunities for stakeholders.

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Egg White Cubes Market Dynamics – Segmentation

On the basis of distribution channel, the global egg white cubes market is segmented as –

  • Hypermarkets & Supermarkets
  • Online Channel
  • Indirect Sales
  • Convenience Stores
  • Departmental Stores

Report Highlights:

  • A detailed overview of egg white cubes parent market
  • Changing egg white cubes market dynamics in the industry
  • In-depth egg white cubes market segmentation
  • Historical, current, and projected egg white cubes market size regarding volume and value
  • Recent industry trends and developments in egg white cubes market
  • Competitive landscape of the egg white cubes market
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth in egg white cubes market
  • A neutral perspective on egg white cubes market performance
  • Must-have information for egg white cubes market players to sustain and enhance their market footprint

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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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White Mulberry Leaves Extract Market Size 2022 Global Industry Share, Top Players, Opportunities and Forecast To 2032

The global white mulberry leaves extract market is forecasted to be appraised at US$ 141.59 billion by 2032, up from US$ 41.71 billion in 2022, advancing at a CAGR of 13% during the forecast period.

White mulberry trees are part of the Moraceae family of plants which grow naturally in some of the temperate regions and are increasingly being cultivated owing to the assortment of benefits they provide. The white mulberry tree can approximately reach a height of 10-20 meters and has a short lifespan similar to that of human beings.

The extract obtained from the leaves of white mulberry is rich in chemicals that have a wide range of therapeutic benefits. In addition, the leaves of the white mulberry tree are vital for silkworm rearing with the leaves serving as the feed for the worms. Originally, a native species of China, mulberry trees are now being cultivated in the United States, Australia, Mexico, and other countries.

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Extensive Therapeutic Benefits of Mulberry Leaves Extract to Fuel Uptake

Extracts obtained from the leaves of white mulberry are rich in biologically active compounds and have been an integral part of Chinese medicine since ages. Numerous studies have suggested white mulberry leaves extract can be used to limit weight gain, diabetes, and lipid profiles in human beings.

Higher cholesterol levels are being increasingly associated with the development of cardiovascular diseases which has been identified as the leading cause of death around the world. The increasing prevalence of higher cholesterol levels, diabetes, and obesity are driving the adoption of white mulberry leaves extract in the production of nutraceuticals.

Growing health consciousness coupled with the burgeoning demand for naturally-sourced nutraceuticals is one of the vital factors expected to propel white mulberry leaves extract market. In addition, the high concentration of antioxidants in the white mulberry leaves extract and their high fiber content is also pushing its adoption in the production of supplements and nutraceuticals.

Burgeoning Investments in Mulberry Plantations to Uphold Market Growth 

Intensifying investments in mulberry plantations by entrepreneurs around the world is estimated to bolster production of white mulberry leaves extract. Components of mulberry trees are finding usage in an assortment of industries such as food, pharmaceuticals, sericulture, and cosmetics and personal care making the plantation a profitable investment for the entrepreneurs.

In addition, the bolstering agritourism industry is expected to contribute significantly to the white mulberry leaves extract market growth with administrative authorities increasingly adopting the practice as a mainstream form of revenue generation with the global populous showing accentuating inclination towards outdoor traveling. These factors coupled with the low cost of cultivation of the mulberry trees are expected to propel white mulberry leaves extract market proliferation.

Intensifying Research and Development towards Streamlining Extraction from Mulberry Leaves to Aid in Market Proliferation

With white mulberry leaves extract finding widespread adoption in an assortment of industries, farmers and entrepreneurs are investing heavily in the research and development of procedures for effective extraction of the concentrate found in the leaves.

For instance, a study conducted recently shed light on the impact of temperature, time, size, the cycle of extraction, and other related parameters on the properties of white mulberry leaves extract. The research provided integral information about the optimal extraction parameters required to be maintained to keep the therapeutic and antioxidant properties of white mulberry leaves extract.

White Mulberry Leaves Extract Market – Notable Highlights 

  • To capitalize on the burgeoning demand for white mulberry leaves extract-based nutraceuticals and supplements for blood glucose regulation, DSM decided to join hands with Phynova, a leading player in the white mulberry leaves extract market, for distribution of its blood sugar level regulating ingredient Reducose. Reducose is a water-based solution containing extracts obtained from the leaves of white mulberry.
  • The pervasive trend of using white mulberry leave extract in cosmetics was complemented by the launch of TEGO enlight by Evonik with white mulberry leaves extract being an integral constituent of the product composition. The company claims the skincare product can be used for skin brightening and treatment of age spots.

The report covers exhaustive analysis on 

  • White mulberry leaves extract market Segments
  • White mulberry leaves extract market Dynamics
  • White mulberry leaves extract market Size
  • White mulberry leaves extract market Supply and Demand
  • Current Trends/Issues/Challenges pertaining to White mulberry leaves extract market
  • Competition Landscape and Emerging Market Participants in White mulberry leaves extract market
  • Technology related to Production/Processing of White mulberry leaves extract market
  • Value Chain Analysis of the White mulberry leaves extract market

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

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White Mulberry Leaves Extract Market Segmentation

Based on the end-use application, white mulberry leaves extract market can be segmented into:

  • Food
  • Cosmetics and personal Care
  • Nutraceuticals
  • Pharmaceuticals
  • Others

On the basis of use, the white mulberry leaves extract market can be segmented into:

  • Dietary fibers
  • Antioxidants
  • Organic compounds
  • Others

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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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Chlorella Ingredients Market Growth Analysis, Strategies, Demands in 2032

The global chlorella ingredients market is set to witness growth at a CAGR of 7.4% and reach a valuation of USD 287.7 Mn by 2032.

The global chlorella ingredients market is expanding as a result of the increased consumer demand for supplements made from algae. The demand for chlorella ingredients is also growing as a result of the surging demand in application sectors for natural functional ingredients.

Customers prefer brands that offer high-quality products. As a result, competition in the microalgae sector is increasing, and the customers are willing to pay a higher price for high-quality goods. Above all, customers are placing a high value on quality and service. As a result, businesses in the chlorella ingredients market are investing in research and development to establish dynamic and original high-quality product offerings, and also focusing on incorporating cutting-edge innovation to ensure high quality.

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The demand for chlorella ingredients is growing, but it is being constrained by the high cost of production. Chlorella requires carbonated water, artificial light, or shade for optimal growth, which increases the value. Additionally, using chlorella as a food source requires the correct pulverization of the cell walls using pricey technology. These expenses, which are represented in the price of the finished commodity, are predicted to restrict the growth of the chlorella ingredients market over the anticipated timeframe.

Asia Pacific is the region that produces and consumes the most chlorella in regional markets. The key markets for chlorella include those in China, Japan, Taiwan, and Korea. Globally, Japan is the country that consumes the most chlorella. The chlorella ingredients market is still expanding in the North American and European region.

Key Takeaways from Market Study

  • The chlorella ingredients market is expected to expand at CAGRs of 7.4% over the forecasted period.
  • Freshwater holds a dominant market share over marine water in the chlorella ingredients market.
  • Conventional nature holds around 75.1% market share of the total chlorella ingredients market in 2022, however organic type of chlorella ingredients is expected to grow with lucrative market growth over the forecast period
  • Chlorella ingredients mostly have its application its segments such as health and medical science, food and beverages
  • The US chlorella ingredients market stands at a market valuation of USD 33.1 Mn in 2022 and is expected to rise at a CAGR of 6.6% by 2032.

 “Manufacturers of chlorella ingredients would gain significant profits by targeting the on various labels and claims such as super-food. Consumers are experimenting with new cocktails without fear of wasting a specialty ingredient or liquor that too in a short period of time.”, says a Future Market Insights analyst.

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Competitive Landscape

In the years to come, the chlorella ingredients market is anticipated to benefit from distinctive cultivation techniques and forthcoming revolutionary uses. Due to growing industrialization, product extensions, technological advancements, and the excellent quality of the manufactured goods, the competition in this industry is anticipated to intensify further in the years to come.

Key producers of chlorella ingredients are majorly focusing on research & development to enhance the variety, quality, and innovation of their products.

The following companies are some of the major players in the chlorella ingredients market: Sun Chlorella Corp., Vedan Enterprise, FEMICO, International Chlorella, Taiwan Chlorella Manufacturing Company, Yaeyama Chlorella, Gong Bih Enterprise, Fuqing King Dnarmsa Spirulina, Like Chlorella Biotech, Jiangxi Mingjun, Guangzhou Jinqiu Chlorella, Dongtai City Spirulina Bio-engineering, The largest chlorella producer in the world is Taiwan Chlorella Manufacturing.

  • Unilever recently partnered with biotech startup Algenuity, that also develops microalgae, in August 2020 to investigate the use of such a single-cell organism as a component in the f&b industry.

Explore More Valuable Insights

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

Chlorella Ingredients Market by Category

By Source:

  • Marine Water
  • Fresh Water

By End Use Application:

  • Food and Beverages Sector
  • Health and Medical Sector
  • Animal Feed Sector
  • Pet Food Sector
  • Cosmetics and Personal Care Sector
  • Fertilizers Sector

By Source:

  • Marine water
  • Fresh Water

By Region:

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

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Frequently Asked Questions

  • How big is the Chlorella Ingredients Market?
  • What is the North America Chlorella Ingredients Market Outlook?
  • At What Rate Will Chlorella Ingredients Demand Grow in Europe?
  • Which Are the Key Players in Chlorella Ingredients Market?

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Yeast Market Emerging Players May Yields New Opportunities 2022-2032

The global yeast marketis anticipated to reach a CAGR of 9% during the forecast period. The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Yeast Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2022 to 2032.

The team of researchers at Future Business Insights are focussing on research and market study to produce different Yeast Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Yeast Market.

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“Due to rising health concerns among consumers, demand for organic food additives is expected to increase significantly, propelling the market forward.”

Key Players-

  • Specialty Products and Technology Inc.
  • The Archer Daniels Midland Company
  • Best Ground International
  • Bio Botanica, Inc.
  • Domino Specialty Ingredients (ASR Group)
  • Haldin Pacific Semesta
  • Spice Jungle, LLC
  • Ohly (ABF Ingredients)
  • Hoosier Hill Farm
  • Maple Leaf Garden Food Co.
  • Island Abbey Foods Ltd.
  • Wuhu Deli Foods Co., Ltd.
  • Natural Sourcing LLC

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By Flavours:

  • Honey (100%)
  • Honey with Menthol
  • Honey with Lemon
  • Honey with Eucalyptus
  • Honey with Other Flavours

By Form:

  • Powder
  • Granular

By Sales Channel:

  • Direct Sales/B2B
  • Indirect Sales/B2C
  • Supermarket/Hypermarket
  • Retail Stores
  • Specialty Stores
  • General Grocery Stores
  • Online Stores

Frequently Queries Solved

  • What is the size of the overall Yeast Market in the Food and Beverage Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Yeast Market in the Food and Beverage Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Yeast Market in the Food and Beverage Market?
  • What is the Yeast Market in the Food and Beverage Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Yeast Market in the Food and Beverage Market?
  • What are the recent trends in Yeast Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Yeast Market in the growth of the Food and Beverage Market?
  • What are the key market trends impacting the growth of the Yeast Market in the Food and Beverage Market?

Reasons to Buy the report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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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:

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Passion Flower Extract Market – Latest Scenario On Innovation, Revolutionary Opportunities and Top Consumers 2032

Latest Research Study Published by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Riveting Insights into Factors Accelerating the Growth of the Global Passion Flower Extract Market over the Assessment Period 2022-2032 

Global passion flower extract demand is anticipated to be valued at US$ 3.5 Billion in 2022, forecast to grow at a CAGR of 3.6% to be valued at US$ 5.0 Billion from 2022 to 2032. Growth is attributed to increasing demand for organic-based products. 

Future Market Insight’s (FMI’s) latest study published on the Passion Flower Extract market provide insights into key factors uplifting the sales over the next ten years. It discloses key growth prospects across various segments. The report also highlights a list of prominent companies involved in the Passion Flower Extract market, along with their key strategies. 

The study offers a detailed analysis of market dynamics including drivers, restraints, opportunities, and challenges, and also highlights their impact on the market in more than 20 countries across 7 regions. The report provides vital insights into the market and assists key players to identify potential segments. 

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Emergence of Grab-and-Go Trend to Open New Growth Avenues for the Passion Flower Extract Market 

Growing grab-and-go trend is making deeper inroads across the food and beverages industry, owing to the increasing busy lifestyle of the population worldwide. In addition, increasing single living and growing number of working women across the U.S., Japan, Germany, China, and India are creating tailwinds for the trend, which is in turn, propelling the demand for Passion Flower Extract. 

Citing this trend, numerous industry players are emphasizing on providing portable dining options to the customers by offering premade and packaged ready-to-eat foods, snacks, and beverages as an alternative to conventional dining. 

They are also focusing on providing easy-to-carry and attractive packaging solutions for ready-to-eat foods to enhance convenience. This is expected to create lucrative opportunities for the growth in the Passion Flower Extract market. 

Key Passion Flower Extract Market Takeaways and Projections 

  1. The U.S. is estimated account for the maximum share in North America market through 2029, owing to the increasing working population in the country. 
  1. Germany Passion Flower Extract market is projected to register rapid growth, accounting for a significant share in Europe between 2019 and 2029. 
  1. China is forecast to dominate the East Asia market, projecting the fastest growth in the region for the assessment period. 
  1. India is expected to emerge as a highly attractive market in South Asia, accounting for the largest sales during the coming decade. 
  2. Based on segment anticipated to contribute maximum sales in the market, expanding at a robust CAGR over the forecast period. 

Report Benefits & Key Questions Answered 

Passion Flower Extract market Consumption by Demographics: The market intelligence study provides insights into the change in consumer behavior and purchasing patterns of the customers. It also highlights the impact of these changes on the sales of Passion Flower Extract across local, country, and regional markets. It uncovers key factors increasing the consumption of Passion Flower Extract through 2032. 

Passion Flower Extract market Historical Analysis: FMI’s recent study analyzes key market dynamics and their impact on the Passion Flower Extract market across 7 regions for the last forecast year from 2022 to 2032. It tracks the forthcomings and shortcomings of the market over the past half-decade and forecasts the scope of the Passion Flower Extract market for the assessment period 2022-2032. 

Passion Flower Extract market Competitive Analysis: The report conducts a detailed assessment of the competitive landscape and highlights a list of prominent companies operating the global Passion Flower Extract market. It also uncovers the level of competitiveness in the market and provides insights into key expansion strategies adopted by the Tier 1, Tier 2, and Tier 3 companies. 

Passion Flower Extract market Manufacturing Trend Study: The latest study on the Passion Flower Extract market offers detailed insights into vital trends creating growth prospects for the food & beverage industry players. It also uncovers key strategies adopted by leading manufactures to capitalize on the existing opportunities. 

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Competitive Landscape Analysis 

Future Market Insight’s latest study provides in-depth insights into the global Passion Flower Extract market to assist management level decision-makers in construct a strategy to capitalize on the upcoming trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Passion Flower Extract market. 

Some of the prominent market players are profiled by FMI are Naturalin Bio-Resources Co. Ltd., Alchem International Pvt. Ltd., Herb Pharm, Indena S.p.A., Avena Botanicals, Martin Bauer Holding GmbH & Co. KG are some of the key manufacturers of passion flower extract.

Passion Flower Extract Market: Demand Analysis by Segmentation 

Passion flower extract market segmentation on the basis of nature: 

  • Organic 
  • Conventional 

Passion flower extract market segmentation on the basis of form: 

  • Liquid 
  • Dry 

Passion flower extract market segmentation on the basis of end use: 

  • Food and beverages 
  • Pharmacological 
  • Pharmaceutical 
  • Nutraceutical 
  • Dietary supplements 
  • Cosmetic and personal care 

Passion flower extract starch market segmentation on the basis of distribution channel: 

  • Direct 
  • Indirect 
  • Wholesale 
  • Online retailer 
  • Supermarket 
  • Specialty stores 

Region 

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

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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:

Unit No: 1602-006

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Plot No: JLT-PH2-X2A

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Bakery Ingredients Market Size, Share Production and Consumption Analysis With Forecast To 2032

The global bakery ingredients market is anticipated to reach a market valuation of US$ 17.9 Billion by the year 2022 end, accelerating with a CAGR of 6.4% by 2022-2032, which is anticipated to be valued at US$ 33.3 Billion by 2032.

Bakery ingredients are used in bakery products such as breads, cookies, biscuits, cakes, pizza, tarts, pies, pastries, donuts and frozen baked products. Predominantly it isused in the bakery products to improve the overall product quality, to save time and for longevity. Bakery ingredients have been used since ancient times and are of utmost important these days as nothing can be baked without it.

They are available in wide variety and their preferences may vary according to the regional demands. Easy access of global information and exposure of various bakery products has increased the demand of bakery ingredients.

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Bakery Ingredients Market Dynamics

Growth in global bakery ingredients market is due to increase in demand for bakery ingredients, and changing lifestyle which leaves little time to prepare meals, saves time and affordability. Also with increasing population of working women and time constraint has initiated the need. Ready to eat baked food is replacing the conventional home cooked food.

In Europe and North America, majority of the population prefers wraps, rolls and pocket sandwiches over time consuming food items because of their busy and hectic lifestyle. Development of new packaging materials and increased product diversification in baked food category would promote the demand of bakery ingredients.

Bakery Ingredients Market Size

The bakery ingredients market has grown substantially at a healthy CAGR rate of 14-18 percent in the year 2012-14. Many companies are entering in this bakery ingredients market to meet the consumer demand of the bakery ingredients. Globally, U.S. and Europe are the largest bakery ingredients markets followed by North America bakery ingredients market and Asia Pacific bakery ingredients market. The biggest driver for bakery ingredients market could be that these countries are the best destination for innovations in the bakery ingredients industry.

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Bakery Ingredients Market by Category

By Form, Bakery Ingredients Market is segmented as:

  • Dry
  • Liquid

By Ingredient Type, Bakery Ingredients Market is segmented as:

  • Fiber
  • Emulsifiers
  • Enzymes
  • Starches
  • Oils, Fats, and Shortenings
  • Baking Powder and Mixes
  • Preservatives
  • Colors & Flavors
  • Leavening Agents

By Application, Bakery Ingredients Market is segmented as:

  • Bread
  • Cookies & Biscuits
  • Rolls & Pies
  • Cakes & Pastries
  • Others

By Region, the Bakery Ingredients Market is segmented as:

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

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Frequently Asked Questions

  • What is the Present Size of the Bakery Ingredients Market?
  • What is the Size of the Bakery Ingredients Market By 2032?
  • What is the Bakery Ingredients Market Outlook?
  • Which Region is expected to drive the Demand for the Bakery Ingredients Market?
  • Which Bakery Ingredient Type is leading the Market?

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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:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

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