Organic Banana Flakes Market Growth, Future Prospects and Competitive Analysis 2032

 

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Banana Flakes are estimated to reach a value of USD 810 million by 2032, surging at 4.6% CAGR through the decade.

The growing demand for organic goods in both developed and developing countries has a big influence on the global Organic Banana Flakes market. As people become even more increasingly health – conscious across the world, there is a growing desire for healthier foods.

Organic food consumption is becoming more popular throughout the world, with people becoming more interested in organic production practices. Growing market for gluten-free, organic, and nutritious products is anticipated to raise the demand for Organic Banana Flakes over the next decade.

The growth of fast service local restaurants outlets in emerging countries including the Middle East and Africa, as well as Asia and the Pacific, has resulted in a favourable shift in demand for Organic Banana Flakes as a healthy fast food alternative.

This trend is expected to continue and extend throughout developed regions in the coming years. Despite the fact that conventional is the more popular source in terms of units eaten, the organic category is projected to grow at the rapid pace in terms of revenue throughout the forecast period.

Key Takeaways from Market Study

  • Banana flake consumption in India is predicted to expand at an annual pace of over 8%.
  • With a growth expected to surpass 6%, Germany is one of the most important countries in the European Snack Pellets market.
  • During the forecast period of 2022-2032, the organic category is predicted to develop at the fastest rate in terms of value, with a CAGR of 6.5 percent.
  • As Organic Banana Flakes are gluten-free, their popularity is predicted to grow as a result of their health benefits.
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

 The growing focus on the consumption of organic food products in developed regions such as Europe and North America is likely to open lucrative opportunity for market players in the long run”, –says a lead analyst at Future Market Insights.

Competitive Landscape

Organic Banana Flakes have a strongly competitive global market. To stay ahead of the game and outperform their competitors, businesses are using innovative methods such as expanding their worldwide client base and utilising various advertising approaches.

They’re focusing on increasing production capacity and also doing research and innovation to create products that highlight the nutritional advantages of Organic Banana Flakes.

Some of the leading companies offering Snack Pellets are Orkla Group, Raeler Fruchtchips GmbH, Om Foods Inc, Van Duren Farms,  Johs. Thoms GmbH & Co. KG, Tradal Brazil, Z Natural Foods,   Symrise, Seawind International LLC, VINJ-Food,Dermasal.,  Nutritional Designs, Inc., Futurcorp S.A., Cosmo Foods, Agro America, and Grupo Industrial Michel.

Get More Valuable Insights

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

Source:

  • Organic
  • Conventional

Application:

  • Household
  • Food & Beverage Industry
  • Other Application

Sales Channel:

  • Direct Sales
  • Indirect Sales

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Except Japan-APEJ
  • Middle East and Africa-MEA

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read more: https://www.futuremarketinsights.com/reports/banana-flakes-market

Banana flakes ingredients Market Emerging Trends, Global Scope and Forecast 2032 

 

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Banana Flakes are estimated to reach a value of USD 810 million by 2032, surging at 4.6% CAGR through the decade.

The growing demand for organic goods in both developed and developing countries has a big influence on the global Banana flakes ingredients market. As people become even more increasingly health – conscious across the world, there is a growing desire for healthier foods.

Organic food consumption is becoming more popular throughout the world, with people becoming more interested in organic production practices. Growing market for gluten-free, organic, and nutritious products is anticipated to raise the demand for Banana flakes ingredients over the next decade.

The growth of fast service local restaurants outlets in emerging countries including the Middle East and Africa, as well as Asia and the Pacific, has resulted in a favourable shift in demand for Banana flakes ingredients as a healthy fast food alternative.

This trend is expected to continue and extend throughout developed regions in the coming years. Despite the fact that conventional is the more popular source in terms of units eaten, the organic category is projected to grow at the rapid pace in terms of revenue throughout the forecast period.

Key Takeaways from Market Study

  • Banana flake consumption in India is predicted to expand at an annual pace of over 8%.
  • With a growth expected to surpass 6%, Germany is one of the most important countries in the European Snack Pellets market.
  • During the forecast period of 2022-2032, the organic category is predicted to develop at the fastest rate in terms of value, with a CAGR of 6.5 percent.
  • As Banana flakes ingredients are gluten-free, their popularity is predicted to grow as a result of their health benefits.
  • Market players are experimenting with new ways on increasing production capacity and also doing research and innovation to create products.

 The growing focus on the consumption of organic food products in developed regions such as Europe and North America is likely to open lucrative opportunity for market players in the long run”, –says a lead analyst at Future Market Insights.

Competitive Landscape

Banana flakes ingredients have a strongly competitive global market. To stay ahead of the game and outperform their competitors, businesses are using innovative methods such as expanding their worldwide client base and utilising various advertising approaches.

They’re focusing on increasing production capacity and also doing research and innovation to create products that highlight the nutritional advantages of Banana flakes ingredients.

Some of the leading companies offering Snack Pellets are Orkla Group, Raeler Fruchtchips GmbH, Om Foods Inc, Van Duren Farms,  Johs. Thoms GmbH & Co. KG, Tradal Brazil, Z Natural Foods,   Symrise, Seawind International LLC, VINJ-Food,Dermasal.,  Nutritional Designs, Inc., Futurcorp S.A., Cosmo Foods, Agro America, and Grupo Industrial Michel.

Get More Valuable Insights

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

Source:

  • Organic
  • Conventional

Application:

  • Household
  • Food & Beverage Industry
  • Other Application

Sales Channel:

  • Direct Sales
  • Indirect Sales

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Except Japan-APEJ
  • Middle East and Africa-MEA

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read more: https://www.futuremarketinsights.com/reports/banana-flakes-market

Conventional Banana Flour Market to Witness a Pronounce Growth During 2032

 

The global Banana Flour market is set to witness growth at a CAGR of 3.8% and top a valuation of USD 735.6 Mn by 2032.

The growing awareness of the health advantages of Conventional Banana Flour is propelling the worldwide Conventional Banana Flour business forward as it is high in fiber, gluten-free, minerals, and vitamins like vitamin E, zinc, manganese, magnesium, and potassium.

It helps to regulate blood sugar levels and also aids in the reduction of cholesterol, the improvement of heart health, and the stimulation of neuron and muscle activity.

Banana, being a climacteric fruit stores the majority of its carbs as starch. It is unique among fruits in that the majority of its starch is resistant. Resistant starch is prebiotic that boosts the number of good bacteria in the human intestines.

The human gut contains billions of germs from 300 to 500 different bacterial types. The majority of the gut flora is beneficial. These beneficial bacteria feed on the undigested fibers and starch that reach the gut.

As a result, the resistant starch ferments, creating optimal circumstances for a wide range of beneficial bacteria and increasing the bacterial populations. It also suppresses pathogenic bacteria 5 (infect the host human with infectious diseases) at the same time, acting as a boon for human health.

These features are attracting a growing number of health-conscious customers, therefore, shooting up the growth of the Conventional Banana Flour market across the globe.

Key Takeaways from Market Study

  • The Conventional Banana Flour market is expected to expand at CAGRs of 1% and 2.8% in Latin America and the Middle East & Africa, respectively, through 2032.
  • Market share of Asia Pacific is 2% in 2022. Every year, a considerable amount of bananas are produced in the Asia Pacific region, particularly in India, resulting in the expansion of the Conventional Banana Flour business in the region.
  • The North American Conventional Banana Flour market is currently pegged at 50,883 Metric tons. Conventional Banana Flour has seen a boom in demand in the region, as the product is widely utilized in the manufacture of infant food.
  • In Africa, Conventional Banana Flour is also seen as a less expensive alternative to wheat flour. It is a healthy alternative to ordinary flour since it promotes the growth of beneficial bacteria in the gut and considerably aids in weight loss, therefore, MEA stands at a market value of USD 275.4 Mn in 2022.

“Manufacturers of Conventional Banana Flours can step into product expansion in the dietary fibers market which is growing at a high rate due to rising health consciousness as the FDA recently classified resistant starch (RS) derived from Conventional Banana Flour as a dietary fiber.”, says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of Conventional Banana Flours are not only expanding their gluten-free offerings portfolio but, the majority of them concentrate on successful marketing and promotional techniques. Furthermore, for a number of organizations in the Conventional Banana Flour industry, mergers, and acquisitions aimed at global expansion will remain a major strategy.

Explore More Valuable Insights

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

Detailed Market Segmentation Of Conventional Banana Flour Market

Process:

  • Sun-dried
  • Freeze-dried
  • Spray-dried
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa

Application:

  • Beverages
  • Pet Food and Feed Industry
  • Household
  • Food Industry
  • Bakery & Snacks
  • Infant Foods
  • Filling and Dressings
  • Soups and Sauces
  • Others

Source:

  • Organic
  • Conventional

Sales Channel:

  • Direct Sales
  • Indirect Sales
    • Modern Trade
    • Convenience Store
    • Specialty Store
    • E-Retailers
    • Other retail formats

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More: https://www.futuremarketinsights.com/reports/banana-flour-market

Green Banana Flour Market Analysis, Key Players, Industry Segments and Forecast To 2032

 

The global Banana Flour market is set to witness growth at a CAGR of 3.8% and top a valuation of USD 735.6 Mn by 2032.

The growing awareness of the health advantages of Green Banana Flour is propelling the worldwide Green Banana Flour business forward as it is high in fiber, gluten-free, minerals, and vitamins like vitamin E, zinc, manganese, magnesium, and potassium.

It helps to regulate blood sugar levels and also aids in the reduction of cholesterol, the improvement of heart health, and the stimulation of neuron and muscle activity.

Banana, being a climacteric fruit stores the majority of its carbs as starch. It is unique among fruits in that the majority of its starch is resistant. Resistant starch is prebiotic that boosts the number of good bacteria in the human intestines.

The human gut contains billions of germs from 300 to 500 different bacterial types. The majority of the gut flora is beneficial. These beneficial bacteria feed on the undigested fibers and starch that reach the gut.

As a result, the resistant starch ferments, creating optimal circumstances for a wide range of beneficial bacteria and increasing the bacterial populations. It also suppresses pathogenic bacteria 5 (infect the host human with infectious diseases) at the same time, acting as a boon for human health.

These features are attracting a growing number of health-conscious customers, therefore, shooting up the growth of the Green Banana Flour market across the globe.

Key Takeaways from Market Study

  • The Green Banana Flour market is expected to expand at CAGRs of 1% and 2.8% in Latin America and the Middle East & Africa, respectively, through 2032.
  • Market share of Asia Pacific is 2% in 2022. Every year, a considerable amount of bananas are produced in the Asia Pacific region, particularly in India, resulting in the expansion of the Green Banana Flour business in the region.
  • The North American Green Banana Flour market is currently pegged at 50,883 Metric tons. Green Banana Flour has seen a boom in demand in the region, as the product is widely utilized in the manufacture of infant food.
  • In Africa, Green Banana Flour is also seen as a less expensive alternative to wheat flour. It is a healthy alternative to ordinary flour since it promotes the growth of beneficial bacteria in the gut and considerably aids in weight loss, therefore, MEA stands at a market value of USD 275.4 Mn in 2022.

“Manufacturers of Green Banana Flours can step into product expansion in the dietary fibers market which is growing at a high rate due to rising health consciousness as the FDA recently classified resistant starch (RS) derived from Green Banana Flour as a dietary fiber.”, says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of Green Banana Flours are not only expanding their gluten-free offerings portfolio but, the majority of them concentrate on successful marketing and promotional techniques. Furthermore, for a number of organizations in the Green Banana Flour industry, mergers, and acquisitions aimed at global expansion will remain a major strategy.

Explore More Valuable Insights

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

Detailed Market Segmentation Of Green Banana Flour Market

Process:

  • Sun-dried
  • Freeze-dried
  • Spray-dried
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa

Application:

  • Beverages
  • Pet Food and Feed Industry
  • Household
  • Food Industry
  • Bakery & Snacks
  • Infant Foods
  • Filling and Dressings
  • Soups and Sauces
  • Others

Source:

  • Organic
  • Conventional

Sales Channel:

  • Direct Sales
  • Indirect Sales
    • Modern Trade
    • Convenience Store
    • Specialty Store
    • E-Retailers
    • Other retail formats

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More: https://www.futuremarketinsights.com/reports/banana-flour-market

Food Toxin Testing Service Market To Depict Appreciable Growth Prospects By 2029

 

Food Toxin Testing Service are in high demand due to the growing threat of foodborne diseases, adulteration, and toxicity. Every year, one out of every ten people becomes ill from a foodborne illness, with children under the age of five being the most vulnerable.

Newly released data from Food Testing Services Market analysis by Future Market Insights shows that the global Food Testing Services Market size is estimated at USD 20 Billion. It is expected to grow at a CAGR of 8.5% for the forecasted year 2022-2032. It is also estimated that the market size will reach USD 30 Billion by 2032.

Each year, approximately 450,000 people die as a result of eating contaminated food, according to the World Health Organization (WHO). These factors highlight the importance of increased care and the construction of more food-safety facilities.

In developed countries, the Food Toxin Testing Services market is being driven by rising consumer interest in food quality and technological advancements. Through safety certifications and compliance, food processing companies and foodservice organizations are gaining consumer trust. Increased consumer interest in food safety and quality issues, as well as the ability to quickly share these issues via social media, combined with expanding regulatory resourcefulness, such as the Food Safety Modernization Act (FSMA), are raising the importance of testing.

Key Takeaways from Market Study

  • The United States dominates the global market for Food Toxin Testing Service. The strict regulations imposed by regulatory bodies are a major factor driving the growth of the Food Toxin Testing Service market in the United States.
  • The high occurrence of food safety incidents in China, rising food exports from China, and globalisation of food trade are driving market growth.
  • Because India is the world’s largest milk producer, rigorous Food Toxin Testing Services is required before any dairy products are exported or even consumed in India.
  • Spain is currently driving global market growth and will do so in the future.
  • Japan is one of the most technologically advanced countries in the world. This helps Japan’s Food Toxin Testing Services industry grow by allowing for better R&D and, as a result, better measures.

“During the COVID-19 pandemic, there was an increase in the demand for Food Toxin Testing Service as food manufacturers offered virus-proof food products to consumers in order to gain a competitive advantage over other market players. Furthermore, in the face of an increasing virus threat, government officials are ensuring food product safety,” says a Future Market Insights analyst.

Who is winning?

Over the last four years, the leading market participants in the overall Food Toxin Testing Service market have implemented key strategic developments.

  • Eurofins Scientific, in collaboration with Nestle Research (Lausanne, Switzerland), developed a new method for identifying fructans in infant formulas and adult nutrition in October 2020. The method had received official standard status from the world’s leading standardisation organisations, including AOAC, ISO, CEN, and IDF.
  • SGS SA’s partnership with RLP AgroScience will benefit the company’s development of more complex, tailor-made experimental designs for pesticides, chemicals, biocides, and human/veterinary drugs in February 2021.
  • Bureau Veritas, in collaboration with Leela Palaces (India), launched the “Surakhsha” initiative in May 2020 to provide high standards of food safety and hygiene while also leveraging technological services to maintain hygiene standards.

SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins Scientific S.E. (Luxembourg), Thermo Fisher Scientific Inc. (U.S.), ALS Limited (Australia), Bureau Veritas SA (France), Merieux NutriSciences Corporation (U.S.), and others are among the key players profiled in the global Food Toxin Testing Service market.

Explore More Valuable Insights

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

Market Segments Covered In Food Toxin Testing Services Industry Analysis

Type:                    

  • Pathogens
  • Salmonella
  • Campylobacter
  • E.coli
  • Listeria
  • Others
  • Pesticides
  • Genetically Modified Organism (GMO)
  • Toxins
  • Others

Technology:

  • Traditional
  • Rapid
  • Polymerase Chain Reaction (PCR)
  • DNA Sequencing/NGS
  • Immunoassay
  • Chromatography
  • Spectroscopy

Food Tested:

  • Meat, Poultry, and Seafood
  • Processed Food
  • Fruits & Vegetables
  • Dairy Products
  • Cereals & Grains
  • Others

Region:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Access Full Report: https://www.futuremarketinsights.com/reports/food-testing-market

Food Safety Testing Market to Witness a Pronounce Growth During 2029

 Food Safety Testing are in high demand due to the growing threat of foodborne diseases, adulteration, and toxicity. Every year, one out of every ten people becomes ill from a foodborne illness, with children under the age of five being the most vulnerable.

Newly released data from Food Testing Services Market analysis by Future Market Insights shows that the global Food Testing Services Market size is estimated at USD 20 Billion. It is expected to grow at a CAGR of 8.5% for the forecasted year 2022-2032. It is also estimated that the market size will reach USD 30 Billion by 2032.

Each year, approximately 450,000 people die as a result of eating contaminated food, according to the World Health Organization (WHO). These factors highlight the importance of increased care and the construction of more food-safety facilities.

In developed countries, the Food Safety Testings market is being driven by rising consumer interest in food quality and technological advancements. Through safety certifications and compliance, food processing companies and foodservice organizations are gaining consumer trust. Increased consumer interest in food safety and quality issues, as well as the ability to quickly share these issues via social media, combined with expanding regulatory resourcefulness, such as the Food Safety Modernization Act (FSMA), are raising the importance of testing.

Key Takeaways from Market Study

  • The United States dominates the global market for food safety testing. The strict regulations imposed by regulatory bodies are a major factor driving the growth of the food safety testing market in the United States.
  • The high occurrence of food safety incidents in China, rising food exports from China, and globalisation of food trade are driving market growth.
  • Because India is the world’s largest milk producer, rigorous Food Safety Testings is required before any dairy products are exported or even consumed in India.
  • Spain is currently driving global market growth and will do so in the future.
  • Japan is one of the most technologically advanced countries in the world. This helps Japan’s Food Safety Testings industry grow by allowing for better R&D and, as a result, better measures.

“During the COVID-19 pandemic, there was an increase in the demand for food safety testing as food manufacturers offered virus-proof food products to consumers in order to gain a competitive advantage over other market players. Furthermore, in the face of an increasing virus threat, government officials are ensuring food product safety,” says a Future Market Insights analyst.

Who is winning?

Over the last four years, the leading market participants in the overall food safety testing market have implemented key strategic developments.

  • Eurofins Scientific, in collaboration with Nestle Research (Lausanne, Switzerland), developed a new method for identifying fructans in infant formulas and adult nutrition in October 2020. The method had received official standard status from the world’s leading standardisation organisations, including AOAC, ISO, CEN, and IDF.
  • SGS SA’s partnership with RLP AgroScience will benefit the company’s development of more complex, tailor-made experimental designs for pesticides, chemicals, biocides, and human/veterinary drugs in February 2021.
  • Bureau Veritas, in collaboration with Leela Palaces (India), launched the “Surakhsha” initiative in May 2020 to provide high standards of food safety and hygiene while also leveraging technological services to maintain hygiene standards.

SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins Scientific S.E. (Luxembourg), Thermo Fisher Scientific Inc. (U.S.), ALS Limited (Australia), Bureau Veritas SA (France), Merieux NutriSciences Corporation (U.S.), and others are among the key players profiled in the global food safety testing market.

Explore More Valuable Insights

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

Market Segments Covered In Food Safety Testings Industry Analysis

Type:                    

  • Pathogens
  • Salmonella
  • Campylobacter
  • E.coli
  • Listeria
  • Others
  • Pesticides
  • Genetically Modified Organism (GMO)
  • Toxins
  • Others

Technology:

  • Traditional
  • Rapid
  • Polymerase Chain Reaction (PCR)
  • DNA Sequencing/NGS
  • Immunoassay
  • Chromatography
  • Spectroscopy

Food Tested:

  • Meat, Poultry, and Seafood
  • Processed Food
  • Fruits & Vegetables
  • Dairy Products
  • Cereals & Grains
  • Others

Region:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Access Full Report: https://www.futuremarketinsights.com/reports/food-testing-market

Amino Acid Supplements Market Growth, Future Prospects and Competitive Analysis 2029

 

Amino Acid Supplements can help you recover faster from exhaustion, increase your stamina and ability to focus, and lessen muscle discomfort. The use of amino acids in the treatment of metabolic diseases is also beneficial. As a result, manufacturers are putting more emphasis on expanding their amino acid manufacturing plants in order to keep up with the rising demands for amino acid supplements.

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the market for Food Amino Acids was valued at USD 4.9 billion in 2017 and is expected to increase at a CAGR of 7.7% from 2018 to 2022, reaching USD 6.6 billion. In 2032, the global market for Food Amino Acids is expected to be worth USD 11.6 billion.

Because amino acids are mostly derived from plant-based natural resources, growing consumer demand for organic products may stimulate industry growth for amino acids. Soybean, corn, and wheat-based goods are widely used in food and beverage, infant formula, and nutraceutical industries due to the increased demand for naturally derived products.

Key Takeaways from Market Study

  • The UK food amino acid market is estimated to increase at a CAGR of 5.6 percent between 2022 and 2032. Improved demand for animal-derived items, a greater level of living, increased public awareness of meat safety and quality, and recent illness outbreaks in cattle have all contributed to the growth of the food amino acid industry.
  • China has the greatest share in the Asia-Pacific region, accounting for 45 percent of total revenue in 2022. Because of the rise in consumer spending power as a result of China’s economic development, there has been a surge in demand for high-quality processed foods, which has boosted the demand for Amino Acid Supplements.
  • In 2022, glutamic acid had the largest market share, and it is expected to increase at a CAGR of 6.6 percent over the forecast period. This is due to an increase in the usage of Amino Acid Supplements as a flavor enhancer in a wide range of foods and beverages, such as snacks, dressings, and soups.
  • The infant formula segment will expand at a CAGR of 2.1 percent from 2022 to 2032. Because of their ease of absorption and high nutritional content, several amino acids are employed in the production of infant formula.
  • “Customers are increasingly requesting items that do not modify calcium, vitamin, or mineral qualities. One of the greatest driving drivers for the market has been the ever-increasing usage of amino acids as supplements to increase metabolism and wellness in humans, as well as their application in cattle hormone synthesis.”says a lead analyst at Future Market Insights.

Who is Winning?

Because of the health benefits provided by amino acids, the demand for amino acids for various nutraceuticals and dietary supplements is expected to drive the Amino Acid Supplements Market. The wide range of applications for amino acids such as glutamic acid, ranging from flavoring, preservation, nutritional component/building block of protein, to specialty ingredients such as aspartame, is expected to drive expansion.

For example, in 2021, Kemin Industries launched Toxfin Care in Europe, a unique solution aimed at preventing loss of efficiency and productivity by preserving animal organs and tissue from probable mycotoxins harm. Infected feed is a major concern in the livestock nutrition and health business; hence mycotoxin management is essential in every livestock diet. Kemin aims to boost the immune system, protecting poultry, pigs, and ruminants, from the not-so-obvious negative effects of mycotoxins.

Some of the leading companies offering Amino Acid Supplements are Ajinomoto Co. Inc., Kyowa Hakko Kirin Co., Ltd., Sigma-Aldrich, Co. LLC., Kemin Industries, Prinova Group LLC., and Daesang Corporation.

Get More Valuable Insights

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

The study divulges compelling insights on Amino Acid Supplements based on type (lysine, glutamic acid, methionine, tryptophan, and others), source (plant-based, animal-based, and synthetic), application (nutraceuticals & dietary supplements, infant formula, food fortification, convenience food, and others), and distribution channel (direct and indirect {pharmacy stores, e-retailers, specialty stores, and supermarkets}) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Access Full Report: https://www.futuremarketinsights.com/reports/food-amino-acids-market

Food grade amino acid Market - Recent Industry Developments and Growth Strategies, Forecast To 2029

 

Food grade amino acid can help you recover faster from exhaustion, increase your stamina and ability to focus, and lessen muscle discomfort. The use of amino acids in the treatment of metabolic diseases is also beneficial. As a result, manufacturers are putting more emphasis on expanding their amino acid manufacturing plants in order to keep up with the rising demands for Food grade amino acid.

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the market for Food Amino Acids was valued at USD 4.9 billion in 2017 and is expected to increase at a CAGR of 7.7% from 2018 to 2022, reaching USD 6.6 billion. In 2032, the global market for Food Amino Acids is expected to be worth USD 11.6 billion.

Because amino acids are mostly derived from plant-based natural resources, growing consumer demand for organic products may stimulate industry growth for amino acids. Soybean, corn, and wheat-based goods are widely used in food and beverage, infant formula, and nutraceutical industries due to the increased demand for naturally derived products.

Key Takeaways from Market Study

  • The UK food amino acid market is estimated to increase at a CAGR of 5.6 percent between 2022 and 2032. Improved demand for animal-derived items, a greater level of living, increased public awareness of meat safety and quality, and recent illness outbreaks in cattle have all contributed to the growth of the food amino acid industry.
  • China has the greatest share in the Asia-Pacific region, accounting for 45 percent of total revenue in 2022. Because of the rise in consumer spending power as a result of China’s economic development, there has been a surge in demand for high-quality processed foods, which has boosted the demand for Food grade amino acid.
  • In 2022, glutamic acid had the largest market share, and it is expected to increase at a CAGR of 6.6 percent over the forecast period. This is due to an increase in the usage of Food grade amino acid as a flavor enhancer in a wide range of foods and beverages, such as snacks, dressings, and soups.
  • The infant formula segment will expand at a CAGR of 2.1 percent from 2022 to 2032. Because of their ease of absorption and high nutritional content, several amino acids are employed in the production of infant formula.
  • “Customers are increasingly requesting items that do not modify calcium, vitamin, or mineral qualities. One of the greatest driving drivers for the market has been the ever-increasing usage of amino acids as supplements to increase metabolism and wellness in humans, as well as their application in cattle hormone synthesis.”says a lead analyst at Future Market Insights.

Who is Winning?

Because of the health benefits provided by amino acids, the demand for amino acids for various nutraceuticals and dietary supplements is expected to drive the Food grade amino acid Market. The wide range of applications for amino acids such as glutamic acid, ranging from flavoring, preservation, nutritional component/building block of protein, to specialty ingredients such as aspartame, is expected to drive expansion.

For example, in 2021, Kemin Industries launched Toxfin Care in Europe, a unique solution aimed at preventing loss of efficiency and productivity by preserving animal organs and tissue from probable mycotoxins harm. Infected feed is a major concern in the livestock nutrition and health business; hence mycotoxin management is essential in every livestock diet. Kemin aims to boost the immune system, protecting poultry, pigs, and ruminants, from the not-so-obvious negative effects of mycotoxins.

Some of the leading companies offering Food grade amino acid are Ajinomoto Co. Inc., Kyowa Hakko Kirin Co., Ltd., Sigma-Aldrich, Co. LLC., Kemin Industries, Prinova Group LLC., and Daesang Corporation.

Get More Valuable Insights

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

The study divulges compelling insights on Food grade amino acid based on type (lysine, glutamic acid, methionine, tryptophan, and others), source (plant-based, animal-based, and synthetic), application (nutraceuticals & dietary supplements, infant formula, food fortification, convenience food, and others), and distribution channel (direct and indirect {pharmacy stores, e-retailers, specialty stores, and supermarkets}) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Access Full Report: https://www.futuremarketinsights.com/reports/food-amino-acids-market

Food Grade Emulsifying Agents Market Competitive landscape, Segmentation, Manufacturers and Forecast Till 2029

 

According to the report, growing demand for convenience food products and carbonated beverages have significantly fuelled the market for Food Grade Emulsifying Agents. Further, with the introduction of new products in the food industry and advancements in packaging technologies, there has been a growing need for Food Grade Emulsifying Agents for various end-uses. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market. However, supply chain disruptions and decelerated demand due to coronavirus may negatively impact growth.

The global Food-Grade Gases market size is expected to reach US$ 9.19 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.6% CAGR between 2019 and 2029.

It includes in-depth insights into the Food Grade Emulsifying Agents market. Some of these are:

  • The estimated value of the market was at US$ 5.3 Bn in 2019. Through the course of the report’s forecast period, the market is likely to exhibit to a steady pace of growth.
  • North America accounted for the largest market in the global food grade industrial gases market owing to higher demand for processed food.
  • Europe is emerging as the second largest market for food grade industrial gases. However, it is considered as established markets.
  • Asia Pacific is growing at a faster rate to grab major market in this region.

“The increasing use of gases such as carbon dioxide, nitrogen, etc., in carbonated drinks has resulted in a positive impact on the Food Grade Emulsifying Agents market,” said a lead analyst at FMI.

Nationwide Lockdown due to Coronavirus has stunted the Market Growth

The raising prices of raw materials needed to produce are hampering demand development. Worsening situation is disruptions in the supply chain caused by the recent COVID-19 impact. With manufacturers facing difficulties in obtaining available raw materials and fewer labourers, the production might be hampered. Reduced transport due to lockdowns imposed across different nations is also limiting the growth of the sector. If COVID-19 continues to spread around the world, it is unlikely that prevailing economic problems will abate quickly at any time. Unprecedented events occur with the illness passing through one horrid phase after another.

Who is Winning?

Global Food Grade Emulsifying Agents Market is a highly competitive market which a major share taken by the active player such as Linde plc, Linde plc, Air Liquide S.A. and others. Mergers and acquisitions and product innovations are the next strategies preferred by companies to strengthen their market dominance. This strategy helps companies to expand their presence in the market across the globe. For instance, Linde plc acquired Praxair which is America’s one of the largest industrial gas companies to capitalize theirs in the American market. Also, the key players are focusing on expanding their network of innovation centers, which enable them to collaborate with customers on new product development and reformulations and make investments.

Get Valuable Insights into Food Grade Emulsifying Agents Market

Gas Type

  • Nitrogen
  • Carbon dioxide
  • Oxygen
  • Others

Product Type

  • Dairy and frozen products
  • Beverages
  • Fruits & vegetables
  • Meat
  • Fish & seafood
  • Bakery and confectionery
  • Others

Application

  • Freezing and chilling
  • Packaging
  • Carbonation
  • Others

Region

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

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More: https://www.futuremarketinsights.com/reports/food-grade-gases-market

Food-Grade Industrial Gases Market 2022 To Perceive Biggest Trend and Opportunity By 2029 Along with Top Key Vendors

 

According to the report, growing demand for convenience food products and carbonated beverages have significantly fuelled the market for Food-Grade Industrial Gases. Further, with the introduction of new products in the food industry and advancements in packaging technologies, there has been a growing need for Food-Grade Industrial Gases for various end-uses. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market. However, supply chain disruptions and decelerated demand due to coronavirus may negatively impact growth.

The global Food-Grade Gases market size is expected to reach US$ 9.19 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.6% CAGR between 2019 and 2029.

It includes in-depth insights into the Food-Grade Industrial Gases market. Some of these are:

  • The estimated value of the market was at US$ 5.3 Bn in 2019. Through the course of the report’s forecast period, the market is likely to exhibit to a steady pace of growth.
  • North America accounted for the largest market in the global food grade industrial gases market owing to higher demand for processed food.
  • Europe is emerging as the second largest market for food grade industrial gases. However, it is considered as established markets.
  • Asia Pacific is growing at a faster rate to grab major market in this region.

“The increasing use of gases such as carbon dioxide, nitrogen, etc., in carbonated drinks has resulted in a positive impact on the Food-Grade Industrial Gases market,” said a lead analyst at FMI.

Nationwide Lockdown due to Coronavirus has stunted the Market Growth

The raising prices of raw materials needed to produce are hampering demand development. Worsening situation is disruptions in the supply chain caused by the recent COVID-19 impact. With manufacturers facing difficulties in obtaining available raw materials and fewer labourers, the production might be hampered. Reduced transport due to lockdowns imposed across different nations is also limiting the growth of the sector. If COVID-19 continues to spread around the world, it is unlikely that prevailing economic problems will abate quickly at any time. Unprecedented events occur with the illness passing through one horrid phase after another.

Who is Winning?

Global Food-Grade Industrial Gases Market is a highly competitive market which a major share taken by the active player such as Linde plc, Linde plc, Air Liquide S.A. and others. Mergers and acquisitions and product innovations are the next strategies preferred by companies to strengthen their market dominance. This strategy helps companies to expand their presence in the market across the globe. For instance, Linde plc acquired Praxair which is America’s one of the largest industrial gas companies to capitalize theirs in the American market. Also, the key players are focusing on expanding their network of innovation centers, which enable them to collaborate with customers on new product development and reformulations and make investments.

Get Valuable Insights into Food-Grade Industrial Gases Market

Gas Type

  • Nitrogen
  • Carbon dioxide
  • Oxygen
  • Others

Product Type

  • Dairy and frozen products
  • Beverages
  • Fruits & vegetables
  • Meat
  • Fish & seafood
  • Bakery and confectionery
  • Others

Application

  • Freezing and chilling
  • Packaging
  • Carbonation
  • Others

Region

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

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More: https://www.futuremarketinsights.com/reports/food-grade-gases-market

 

Almond Nutrition market  2022 Is Rapidly Growing with Huge Application Scope & Opportunities By 2032

 

The increasing demand for healthy and nutritional products contributes significantly to the steady increase in the number of almond-based products. Growing geriatric and obese populations in developed countries such as Germany, the United Kingdom, and the United States demand food products containing Almond Nutrition, particularly almonds.

Consumers are gradually adopting healthy eating habits in order to prevent disease. Growing health consciousness increased chronic disease risk, and lifestyle changes are some of the major factors driving demand for nutritious and healthier products.

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the Almond Nutrition market is estimated to reach a value of USD 17 Bn by 2032, surging at 10% CAGR through the decade.

To meet consumer demand, food and beverage manufacturers use marketing strategies such as product line extensions, innovative formulations, and novel packaging. Manufacturers are developing new products for health-conscious consumers that contain unwanted nutrients such as fats and sugars. Furthermore, “natural” products have been the leading trend in product launches in recent years. Product launches that make claims about the absence of additives and the presence of clean-label ingredients are also appealing to consumers.

Key Takeaways from Market Study

  • Between 2022 and 2032, China’s market is expected to grow at the fastest CAGR of 7%.
  • The consumption of roasted almond nuts in Germany increased from 343,000 to 415,000 tonnes.
  • The  Almond Nutritions industry in India is growing as a result of changing customer lifestyles and rising disposable income.
  • The growing emphasis on developing quality food products with plant-based and gluten-free ingredients is driving the growth rate of the  Almond Nutritions market in the United States.
  • Because of their health benefits, almond-based snacks are becoming increasingly popular in the United Kingdom. This is driving up demand for  Almond Nutritions in the UK.

“Rising customer health consciousness, increased awareness of lipid transfer proteins in  Almond Nutritions, rising demand for almond and indehiscent fruit snack bars, and increased investment by key players to develop quality  Almond Nutritions are expected to drive the growth of the  Almond Nutritions Market between 2022 and 2032,” says a Future Market Insights analyst.

Competitive Landscape

In order to meet the growing demand for  Almond Nutritions, market players have adopted various business strategies such as expansions, new product launches, agreements, partnerships, collaborations, and acquisitions in recent years.

  • Hughson Nut was acquired by Olam International Limited (Singapore) in December 2019. (California). This aided the company in expanding its  Almond Nutrition capacity and meeting rising demand from customers both within and outside the United States.
  • Blue Diamond Growers signed a multiyear licencing partnership agreement with Grupo LAlA (Mexico), a leading healthy and nutritious food company, in February 2019. This agreement would assist the company in selling and distributing its “Almond Breeze” almond milk/beverage in Mexico.

DM, Royal Nut Company., TREEHOUSE ALMONDS, The Wonderful Company LLC., Kanegrade., SAVENCIA SA, BORGES AGRICULTURAL & INDUSTRIAL NUTS, S.A, JOHN B. SANFILIPPO & SON, INC., Blue Diamond Growers, and others are major players in the  Almond Nutritions market.

Explore More Valuable Insights

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

The study offers compelling insights based on type (Whole Almonds, Almond Pieces, Almond Flour, Almond Milk, Other types, Sablages, Almond oil, Crocants, Flavor extracts) application (Snacks, Bars, Bakery, Confectionery, Milk substitutes & ice creams, Nut & Seed butter, RTE Cereals, Salads, Sauces, Artisan foods, Food services, Other processed foods, Cosmetic applications) region (North America, Europe, Asia Pacific, Latin America, Middle East, Africa).

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More” https://www.futuremarketinsights.com/reports/almond-ingredients-market

Microcapsule Market Competitive landscape, Segmentation, Manufacturers and Forecast Till 2032

 

Microcapsule is becoming more common as the need for functionally enriched foods and medications grows. Flavors, vitamins, minerals, essential oils, and other additives can be microencapsulated and added to food products to increase their useful properties.

The global microencapsulation market is estimated to be valued at US$ 6.5 Bn in 2022 and is projected to reach US$ 10.3 Bn by 2032, at a CAGR of 8.2% from 2022 to 2032.

Because of the advantages achieved by manufacturers, Microcapsule technologies have a considerable impact on the pharmaceutical business. In the pharmaceutical industry, active compounds such as biomolecules, proteins, and genetic molecules are encapsulated to meet market demand for value-added goods.

Encapsulation is a procedure that major corporations around the world are focusing on because they regard it as a method of immune protection. Technology in the Microcapsule sector is widely used to manufacture and sell its products all over the world.

In the future, textiles will be another popular industry in the worldwide Microcapsule Market. Rising demand for cosmo-textile manufacturing technology is expected to assist market progress. Changing lifestyles are expected to stimulate demand for personal care products, which might be good news for the Microcapsule business.

Key Takeaways from Market Study

  • North America represented 33% of overall sales in North America in 2021, because of strong demand for pharmaceutical-grade food and beverages.
  • The UK Microcapsule Market is expected to grow at a CAGR of 5.9% from 2022 to 2032, owing to the early adoption of the technology in end-use applications. Large pharmaceutical corporations in the region, such as GlaxoSmithKline and Novartis, have influenced market demand by concentrating on the development of new drug delivery techniques.
  • In terms of applicability, the pharmaceutical and healthcare products industry is anticipated to be the most profitable. For regulated medicine delivery, Microcapsule is commonly employed in the healthcare and pharmaceutical industries. Pharmaceutical companies routinely use Microcapsule technology to hide the strong taste or odor of medications and to allow for targeted and controlled delivery.
  • Gelatine is a widely used coating material that is predicted to expand at a substantial rate of more than 5% CAGR throughout the forecast period. Because it is a water-soluble resin, it is frequently employed in the pharmaceutical, food, and agriculture industries.
  • “The rising demand for technologies to produce beauty supplements utilizing natural ingredients is projected to assist market expansion. Furthermore, as more people become aware of the health benefits of N-3 fatty acids, the demand for Microcapsule for masking applications is expected to increase.”says a lead analyst at Future Market Insights.

Who is Winning?

Microcapsule’s growth is expected to be fueled by its growing popularity in a range of end-user industries. Because qualities including durability, bioavailability, distribution, and efficacy are all closely regulated, encapsulation is essential for medicinal foods, nutraceuticals, and meal-replacement products.

For example, In India, Koninklijke DSM opened a second plant for animal nutrition and health premixes in 2018. The firm has grown its geographical presence as well as its manufacturing capability as a result of this expansion, in order to meet the region’s expanding demand.

Some of the leading companies offering Microcapsule are Reed Pacific, Novartis, Encapsys, GAT Microcapsule, Koninklijke DSM, GlaxoSmithKline, Ronald T. Dodge Company, Capsulae, and AVEKA.

Get More Valuable Insights

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

The study divulges compelling insights on Microcapsule based on application (pharmaceutical & healthcare products, food & beverages, household & personal care products, agrochemicals, construction material, textiles, and other applications), technology (spray technology, dripping technology, emulsion technology, and other technologies), core material (agricultural inputs, food additives, pharmaceutical & healthcare drugs, fragrances, phase change material, other core materials), shell material (polymers, gums & resins, lipids, carbohydrates, proteins) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More: https://www.futuremarketinsights.com/reports/microencapsulation-market

Fish and animal feed additives market to Witness a Pronounce Growth During 2032

 

The production of Fish and animal feed additives is projected to expand moderately in the coming years, due to better application of by-products from the fish processing industry, and the development of other raw material sources like algae, krill, and insects. The growing aquaculture industry will be the main driver behind the market.

Future Market Insights (FMI) has projected the fishmeal and fish oil market size to total USD 6 Bn in 2022. Demand for fishmeal and fish oil is expected to grow at 6.0% CAGR, boosting the overall consumption to USD 12 Bn over the assessment period, from 2022 to 2032.

Fish oils are mainly extracted from fishes such as salmon, anchovy, and trout. These fishes are rich in astaxanthin and carotenoids that have diverse utilization in pharmaceutical industries. The essential omega 3 fatty acids are primarily extracted from fish oils. Fish oil also finds increasing application in the pharmaceutical industry raw material for making medicines.

Fishmeal is a natural fertilizer and an excellent source of nutrients for gardens, lawns, and farms. Hence, the agricultural application of fishmeal products is envisaged to be one of the main drivers of the Fish and animal feed additivess market.

Key Takeaways from the market

  • Future Market Insights (FMI) report has projected the Fish and animal feed additives market size to total USD 6 Bn in 2022.
  • From 2001 to 2010, the average yearly fishmeal production was around 5.5 million tonnes, while from 2011 to 2020 it was around 5 million tonnes. The production of fish oil by volume amounts to between 0.8 and 1.3 million tonnes a year.
  • In 2019, 68% of global utilization of fish oils was for aquaculture, i.e. around 610,000 tonnes of fish oil.
  • Nearly 71% of fish oil consumption in aquaculture was used to feed salmon and trout.
  • Peruvian fisheries, the largest volume-wise in the world have seen an upward tick in catches hence satisfying the rising demand for fishmeal.
  • Fitness enthusiasts and athletes frequently consume fish oil for their omega-3 needs. Rising awareness about the aforementioned health benefits of fish oil will aid in the overall expansion of the market in the coming years.
  • Regionally, Western Europe has emerged as a leading market for Fish and animal feed additivess. The market will also witness lucrative growth opportunities in the Asia Pacific.

Competitive Landscape

Key market players have adopted expansion and investments as key strategies to expand their presence in the fishmeal & fish oil market. Their growth strategies will enable growth in the market in the coming years.

The global fish and seafood industry is undergoing a transformation with big firms and government organizations linking with smaller fisheries at both inter and intra-region levels. These collaborations have opened the scope for increased demand for the aquatic feed additives market. This in turn will propel demand in the Fish and animal feed additives market. Furthermore, the rising use of fish oil in health supplements will ensure attractive prospects of growth for the market.

The Fish and animal feed additives market is slightly fragmented, diversified, and competitive with various small and mid-sized firms active which are strategically involved in consistent research and development and product innovations. The fishmeal & fish oil market in every region has witnessed the development of business units, subsidiaries, and research centers sponsored by key players. A few key players are Croda International Plc, The Scoular Company, FMC Corporation, Pelagia, GC Rieber Oils, Oceana Group Limited, Austevoll Seafood ASA, and Omega Protein Corporation.

“Fish meal and Fish oil manufacturers should establish strategic alliances with fisheries and regional entities for an adequate supply of raw materials, they should also do extensive marketing, specifically those dealing with fish oil supplements and pharmaceuticals should acquire the increasing market for omega-3 supplements. Manufacturers should also collaborate with industries using fish oils and fishmeals and communicate its benefits in agriculture and aquaculture,” says a Future Market Insights analyst.

The global Fishmeal & Fish Oil market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Source:

  • Salmon & Trout
  • Marine Fish
  • Crustaceans
  • Tilapia
  • Carps
  • Others

Application:

  • Aquaculture & Aquatic Feeds
  • Land Animal Feeds and Livestock
  • Agriculture and Fertilizers
  • Pharmaceuticals
  • Dietary Supplements
  • Others

Region:

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

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More: https://www.futuremarketinsights.com/reports/fishmeal-and-fish-oil-market

 

fish feed and oil market: Key Segments, Regional Outlook, Top Companies, Forecast To 2032

 

The production of fish feed and oil is projected to expand moderately in the coming years, due to better application of by-products from the fish processing industry, and the development of other raw material sources like algae, krill, and insects. The growing aquaculture industry will be the main driver behind the market.

Future Market Insights (FMI) has projected the fishmeal and fish oil market size to total USD 6 Bn in 2022. Demand for fishmeal and fish oil is expected to grow at 6.0% CAGR, boosting the overall consumption to USD 12 Bn over the assessment period, from 2022 to 2032.

Fish oils are mainly extracted from fishes such as salmon, anchovy, and trout. These fishes are rich in astaxanthin and carotenoids that have diverse utilization in pharmaceutical industries. The essential omega 3 fatty acids are primarily extracted from fish oils. Fish oil also finds increasing application in the pharmaceutical industry raw material for making medicines.

Fishmeal is a natural fertilizer and an excellent source of nutrients for gardens, lawns, and farms. Hence, the agricultural application of fishmeal products is envisaged to be one of the main drivers of the fish feed and oils market.

Key Takeaways from the market

  • Future Market Insights (FMI) report has projected the fish feed and oil market size to total USD 6 Bn in 2022.
  • From 2001 to 2010, the average yearly fishmeal production was around 5.5 million tonnes, while from 2011 to 2020 it was around 5 million tonnes. The production of fish oil by volume amounts to between 0.8 and 1.3 million tonnes a year.
  • In 2019, 68% of global utilization of fish oils was for aquaculture, i.e. around 610,000 tonnes of fish oil.
  • Nearly 71% of fish oil consumption in aquaculture was used to feed salmon and trout.
  • Peruvian fisheries, the largest volume-wise in the world have seen an upward tick in catches hence satisfying the rising demand for fishmeal.
  • Fitness enthusiasts and athletes frequently consume fish oil for their omega-3 needs. Rising awareness about the aforementioned health benefits of fish oil will aid in the overall expansion of the market in the coming years.
  • Regionally, Western Europe has emerged as a leading market for fish feed and oils. The market will also witness lucrative growth opportunities in the Asia Pacific.

Competitive Landscape

Key market players have adopted expansion and investments as key strategies to expand their presence in the fishmeal & fish oil market. Their growth strategies will enable growth in the market in the coming years.

The global fish and seafood industry is undergoing a transformation with big firms and government organizations linking with smaller fisheries at both inter and intra-region levels. These collaborations have opened the scope for increased demand for the aquatic feed additives market. This in turn will propel demand in the fish feed and oil market. Furthermore, the rising use of fish oil in health supplements will ensure attractive prospects of growth for the market.

The fish feed and oil market is slightly fragmented, diversified, and competitive with various small and mid-sized firms active which are strategically involved in consistent research and development and product innovations. The fishmeal & fish oil market in every region has witnessed the development of business units, subsidiaries, and research centers sponsored by key players. A few key players are Croda International Plc, The Scoular Company, FMC Corporation, Pelagia, GC Rieber Oils, Oceana Group Limited, Austevoll Seafood ASA, and Omega Protein Corporation.

“Fish meal and Fish oil manufacturers should establish strategic alliances with fisheries and regional entities for an adequate supply of raw materials, they should also do extensive marketing, specifically those dealing with fish oil supplements and pharmaceuticals should acquire the increasing market for omega-3 supplements. Manufacturers should also collaborate with industries using fish oils and fishmeals and communicate its benefits in agriculture and aquaculture,” says a Future Market Insights analyst.

The global Fishmeal & Fish Oil market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Source:

  • Salmon & Trout
  • Marine Fish
  • Crustaceans
  • Tilapia
  • Carps
  • Others

Application:

  • Aquaculture & Aquatic Feeds
  • Land Animal Feeds and Livestock
  • Agriculture and Fertilizers
  • Pharmaceuticals
  • Dietary Supplements
  • Others

Region:

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

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Read More: https://www.futuremarketinsights.com/reports/fishmeal-and-fish-oil-market

 

Butter Powder Market Report Covers Future Trends with Research 2022-2032

  The global  butter powder market  size is estimated to reach a market valuation of  US$ 2.3 Bn  in 2022. Furthermore, with rising applicat...