Citrus Flavours Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2031

 

The clean label movement is broadening its scope to include products that can be linked to health benefits. The term “clean label” has been used in the food industry for many years, but it is now used as a catchphrase to attract modern-day consumers. Clean label has now become the norm, with consumers demanding to know everything about the products, from their origins to their benefits. As a result of this trend, manufacturers are stepping up their clean label game and introducing more products with less complexity, greater transparency, and simplistic ingredients.

Key Takeaways from the Citrus Flavors Market Study:

• The Europe lead in terms of market size and account for 25.3% of the global citrus flavors market in 2021. A significant number of consumers in Europe have developed an interest in purchasing clean label food products, which provide a diverse range of naturally derived ingredients, thereby driving demand for citrus flavors. Manufacturers are offering products free of artificial flavorings and gradually shifting toward natural ingredients in order to meet the growing demand for citrus flavors.
• Consumption of citrus flavors is more in powder form than liquid as it is has increased demand from various end use industries applications such as bakery & confectionery, dairy products, and powdered beverages. The powder form of citrus flavors is accounted for a market share of 57.6% in 2021 of the global market.
• In application segment, beverages segment is accounted for significant share of 55% of the global citrus flavors market, which is also expected to witness lucrative growth rate of a CAGR 4.7% during the forecast period (2021-2031).

“Gone are the days when consumers made decisions based on what companies told them; now is the time of the modern-day smart consumer, who makes decisions based on the trust of their consumer peers rather than marketing gimmicks. Smart consumers today expect a premium experience from their products, whether in terms of presentation or taste. Convenient-innovative-and-sustainable packaging, vibrant colors, fortified-enriched ingredients, a strong label game, and exotic flavors are expected to capture the attention of consumers.” Said a lead analyst at FMI

Pervasive digitization of the path to purchase and last-mile delivery

The convergence of artificial intelligence and flavor science is expected to transform the global food industry. Manufacturers are developing technologies that can predict flavor combinations, as well as tools that can add solutions to some of the food industry’s critical challenges, ranging from the “Internet of Food” to machine learning. Advances in the field will allow the food industry to drastically improve flavor formulation and product development. The use of a digital thread can enable the calculation of a product’s nutritional profile, the finalization of recipes in the lab, the monitoring of the entire supply chain, and the tracking of ingredient sourcing from different providers all the way to the consumer.

Multi-Sensory Experience

Customers are increasingly interested in having a multisensory experience when they consume food and beverages. Consumers prefer food products that are visually appealing, have a pleasant odor when opened, and provide a satisfying taste when consumed. Manufacturers are also demonstrating an interest in developing technological advances that focus on an understanding of the multisensory influences on flavor perception in order to improve the design of human–food interactions.

Among the sensory systems, visual and mouth feel are the most valued by consumers and have a significant impact on product selection. Citrus fruits have the widest range of taste variances of any fruit category. As a result, manufacturers are using citrus flavors in their products to catch the attention of consumers.

Who is winning?Some of the leading companies offering citrus flavors are Givuadan SA, International Flavors and Fragrances, Symrise AG, Sensient Technologies Corporation, Takasago International Corporation, Firmenich SA, Dohler AG, Kerry Group, ADM, Mane Group, R.C.Treatt & Co. Ltd., Trilogy Ingredients Inc., Lionel Hitchen Limited, Citromax Flavors, Flavors Producer

To increase market penetration in untapped markets, major companies are implementing a variety of aggressive strategies, such as introducing innovative and clean label citrus flavors and partnering with and acquiring local manufacturers.

Get Valuable Insights into hydrolysed vegetable protein market Future Market Insights, in its new offering, provides an unbiased analysis of the citrus flavors market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the citrus flavors market based on form (powder, paste and liquid), by product type (natural and synthetic), and by application (sweet, dairy, savory, beverages and others) across seven major regions.

Summary:The global citrus flavors market is primarily characterized by fragmentation, with a large number of tier 1 players, including multinational, regional, and local players. When compared to other regions, Europe, Asia Pacific, and North America have a relatively high concentration of citrus flavors manufacturers, with a 50-55% share. The market’s key players are focusing on developing better and more influential advertisements for these lesser-known and accepted products, specifically targeting the millennial population via the internet and various e-commerce platforms.

Citrus Flavors Market by CategoryBy Product Type: 

• Natural
• Orange
• Lemon
• Lime
• Grapefruit
• Mandarin/Tangerine
• Others (Blood Orange, Key Lime, Bergamot, etc)

By Application:

• Sweet
• Bakery
• Confectionery
• Breakfast Cereals
• Dairy
• Yogurt
• Desserts & Ice-cream
• Savory
• Soups, Sauces, & Condiments
• Prepared Food & Ready Meals
• Meat, Poultry & Seafood
• Seasoning Blends
• Savory Snacks
• Beverages
• Juice Drinks & Mixes
• Carbonated Beverages
• Flavored Water
• Alcoholic Beverages
• Others

By Form:

• Powder
• Paste
• Liquid

By Region:

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

Read Full Report: https://www.futuremarketinsights.com/reports/citrus-flavours-market

 

Vegan Pasta Market Growth Analysis by CAGR(%), Manufacturers, Types, Applications and Forecasts 2022 – 2032

 

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the vegan pasta market is estimated to reach a value of USD 416.7 Mn by 2032, surging at 9% CAGR through the decade.

Veganism’s growing popularity, consumers’ preference for a healthy diet, rapidly changing lifestyles, less preparation time, the availability of a diverse range of vegan pasta, and vegan pasta’s status as a high-quality and healthier product all contribute to the market’s expansion.

Despite the fact that competition has increased due to the entry of many new players, the fact that vegan pasta is a premium product with a high price can stifle market growth for vegan pasta. This misunderstanding of vegan products and their health benefits also stifles the global expansion of the vegan pasta market.

The global vegan pasta market, on the other hand, is expanding due to an increase in the number of consumers who prefer vegan food, changes in consumer eating habits toward healthier foods, internet penetration as a distribution channel, and increased awareness about vegan products. In addition, the introduction of new types of vegan pasta, as well as improved marketing strategies, are some of the other opportunities fueling the global vegan pasta market growth.

Key Takeaways from Market Study

• The global vegan noodle market is expected to be dominated by China. Vegan foods, vegan ingredients, and vegan noodles are becoming increasingly popular among consumers in the country.
• The growing vegetarian population in India is expected to drive the growth of the vegan pasta market in the coming years.
• As the number of consumers increases in the United States, online retailers make appealing offers such as discounts and free delivery schemes to reduce the hassle of shopping, thereby increasing demand for vegan pasta.
• Brazil remains one of the most prominent vegetarian nations. This is expected to increase market demand for vegan pasta in the country.
• In the United Kingdom, a predominantly meat-eating country, approximately 160,000 people declared themselves vegan in 2017, with an additional 700,000 declaring themselves vegan by 2021. Veganism has grown in popularity over the years, so the market is expected to expand during the forecasted period.

“Pasta, the most popular convenient food, is becoming more popular in the vegan market. Several well-known brands have begun to offer various types of vegan pasta, accelerating the global vegan pasta market’s growth,” says a Future Market Insights analyst.

Competitive Landscape

Key players in the vegan noodles market are focusing their efforts primarily on emerging countries, which offer numerous lucrative opportunities for the vegan noodles market. The major players in the vegan noodles market are constantly introducing new products that are tasty and come in a variety of flavours.

• Barilla acquired Catelli, a Canadian company, in February 2021. The company’s dry pasta plant in Montreal is included in the acquisition (Quebec).

Some of the key players in the vegan noodles market include Cece’s Veggie Co., Nissin Food Products Co. Ltd., Myramen Inc., Dr. McDougall’s Right Foods, Lotus Foods Inc., House Foods America Corporation, Barilla G. e R. F.lli S.p.A, Nongshim America, Inc., and Marzetti Company.

Explore More Valuable Insights

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

The study offers compelling insights based on category (Fresh, Dried) nature (Organic, Conventional) source (Wheat, Rice, Legumes, Buckwheat, Oats, Others (Fava Beans, Quinoa, etc.)) product (Penne, Spaghetti, Elbows, Fettuccine & Linguine, Filled Pasta, Others (Angel Hair, Farfalle, etc.)) packaging (Boxes, Trays, Packets & Pouches) distribution Channel (Direct (B2B), Indirect (B2C), Hypermarkets/ Supermarkets, Convenience Stores, Discount Stores, Food and Drink Specialty Stores, Independent Small Groceries, E-Commerce (Online Retail)) region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa).

Read Full Report: https://www.futuremarketinsights.com/reports/vegan-pasta-market

Silk Protein Market Study Based on Shares, Current Opportunities with Future Growth Scenario by 2032

 According to a recent report by Future Market Insights, a market research and competitive intelligence provider, In 2022, the silk protein market is expected to be worth USD 0.6 billion. It is expected to increase at a 5.9% compound annual growth rate (CAGR) through 2032.

Silk protein is used in eye cosmetics and eye drops to make them free of toxic chemicals that cause eye discomfort and hair loss in the lashes and eyebrows. Silk protein, which can be found in mascara, brow makeup, and eye drops, could be a solution to these issues.

These products will help consumers maintain a suitable volume of hair while also adding to their appearance because they promote hair development.

Similarly, these are used to manufacture moisturisers, facial toners, face masks, soap, body wash, and a variety of other products that help the skin fight early ageing and hydrate it to make it look shinier, younger, and more beautiful.

The need for silk protein in industries such as cosmetics & personal care, textiles, pharmaceuticals, and nutraceuticals is propelling the worldwide silk protein market forward. Silk protein’s oligopeptides and other helpful components, such as amino acids, are rapidly being adopted in the production of beauty goods such as body lotion, shampoo, lotions, and serum.

The market for silk protein is growing due to increased research into two silk types, Sericin and Fibroin, for their potential use in the pharmaceutical industry. However, the high price of silk protein, which is a result of the high cost of silk manufacturing, could be a major stumbling block to the worldwide expansion of the silk protein market.

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Key Takeaways from Market Study

• Europe is the most important region in the silk protein market, accounting for 25.7 percent of the global market. In comparison to other European countries, Poland is likely to provide a relatively large part of the silk protein market.
• The global silk protein market is a market with a moderate level of competition. Tier-1 players control approximately 35 percent to 40 percent of the market.
• Manufacturers are concentrating on certain techniques, such as acquiring small businesses that have long been active in the silk protein sector. These acquisitions can help them expand their regional and local markets, as well as gain consumer trust.
• Manufacturers are also expanding their market presence by introducing new silk protein-based goods. In a nutshell, they aim to attract customers by offering unique and rich items made from natural elements or ingredients.
• “Collaborations, mergers and acquisitions, product and technology innovation, and investment in R&D are just a few of the key growth strategies being used by major market players in the global silk protein market.”says a lead analyst at Future Market Insights.

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Who is Winning?

Haircare, toiletry, skincare, lip care, colour cosmetics, and pharmaceuticals are just a few of the potential uses for silk protein. The expanding use in haircare products is projected to result in higher market share, while skincare adoption continues to account for comparatively large sales.

For example, Swisse Wellness, a well-known Australian personal care, vitamin, and supplement firm, released a line of jelly supplements in the United States in 2019. Cera-Q, a silk protein hydrolysate proven to promote cognitive capabilities, is used in the company’s “attention boost jelly,” which is claimed to support brain function and memory.

Some of the leading companies offering silk protein are SilkTech Biopharmaceuticals Huzhou Aotesi Biochemical Huzhou Xintiansi Bio-tech Co., Ltd. Kraig Biocraft Laboratories, Inc. (Trading Symbol: KBLB) Evolved by Nature (previously Silk Inc.) Bolt Threads AMSilk GmbH Universal Preserv-A-Chem Inc., Proteina, and SUBONEYO CHEMICALS PHARMACEUTICALS PRIVATE LIMITED.

Get More Valuable Insights

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

The study divulges compelling insights on silk protein based on product (sericin, fibroin), form (powder, oil), application (haircare, skincare, eye care, color cosmetics) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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

Processed Beef Market Dynamics, Influencing Factors, Developments, Increasing Scope, Specifications and Overview 2031

 

According to Future Market Insights (FMI), high demand for convenience food will push sales in the processed beef market by 7.6% CAGR between 2021 and 2031. Despite being at a nascent stage, competition is soaring in the market. As a result, companies are increasingly focusing on product innovation and ascertaining health claims in their food items to gain competitive edge.

global processed beef market recorded year-on-year (YoY) growth of 8.9% and is accounted for US$ 112.11 Bn in 2021 to reach the value of US$ 232.37 Bn in 2031.

In the global food and beverage industry, innovation and new product creation are based on strong natural, health, and sustainability credentials. Products manufactured with healthier components and labelled with assurances of little processing or demonstrable health advantages from natural ingredients appeal to consumers, particularly in developed economies with higher income and an ageing population. In reaction to this trend, of start-ups and established companies alike within the processed beef market are focusing on innovations.

Furthermore, the health halo surrounding plant-based components and goods, as well as consumer demand for natural and plant-based products might have a negative influence on the processed beef sales. While people are becoming more informed and savvy about their food choices, they are increasingly opting for chemical-free meals such as organic processed beef. As a result, customer preference for natural and organic processed beef is on the rise.

Key Takeaways from the Processed Beef Market Study:

• North America processed beef market leads the global market, accounting for 31.9% of overall processed beef sales in 2021.
• Chilled processed beef will remain in high demand. It accounted for a share of 79.2% in the global market in 2021.
• Based on nature, demand for organic processed beef will grow at a CAGR of 9.2% during the forecast period (2021-2031).
• In terms of buyer type, household and residential segment accounted for 57.5% of the market share in 2021.
• Among sales channel, sales via supermarket/hypermarket is anticipated to grow at a CAGR of 6.3% during the forecast period.

“The top competitors in the processed beef market are introducing novel technologies to facilitate the production of processed beef with enhanced shelf life, texture, and flavor. Besides this, some are expanding their footprint in emerging nations to gain competitive edge,” said a lead FMI analyst.

Convenience Offered by Processed Beef is the Key Factor Driving Sales

The increasing income of consumers has fueled demand for processed beef products. Furthermore, consumers choose convenient foods that do not require additional time for cooking or preparation due to the hectic nature of city living. The increasing popularity of ready-to-eat meat is also a major driver of the global processed beef market.

Who is winning?

Some of the leading companies offering processed beef are JBS SA, Hormel food, Harim Co Ltd, Tyson Foods Inc., Danish Crown A/S, Cargill Meat Solution Corp., WH Group, BRF SA, Smithfield Foods, Inc., SYSCO Corp and others.

In order to gain competitive edge, manufacturers are focusing on making processed beef healthier. Besides this, they are focusing on acquiring international certification to woo consumers from around the world.

Get Valuable Insights into Processed beef Market 

By Form

• Chilled
• Frozen
• Shelf Stable

By Nature

• Organic
• Conventional

By Buyer Type

• Food Processor & Manufacturers
• HoReCa Sector
• Household and Residential Buyers

Sales Channel

• Traditional Grocery Stores
• Supermarket/Hypermarket
• Internet Retailing
• Convenience Store
• Discounters
• Other Sales Channel

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Oceania
• Middle East & Africa
• Japan

Access Full Report: https://www.futuremarketinsights.com/reports/processed-beef-market

 

Potato Flakes Market Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2029

 

The global potato flakes market was valued at US$ 17,103.8 Mn in 2019. The market has exhibited a considerable rise during 2013 -2018 and the trend is likely to continue as the market exhibits a CAGR of 7% between 2019 and 2029. The rising demand for snacks that among all age groups is aiding the growth of the market.

Increasing launches and development of major brands of potato flakes are anticipated to drive the overall growth of the potato flakes market. Leading manufacturers are focusing on expanding their footprint in regions apart from the U.S. Increasing penetration of established manufacturers ensures a competitive market scenario, and results in the launch of numerous variation in potato products that is estimated to push the overall market growth. Additionally, due to the increasing penetration of social media platforms, customers have awareness about several international brands. Manufacturers in the market including Bob’s Red Mill and McCain Foods Limited are well-known for their premium products, including potato flakes. These brands pay substantially on branding and advertisements via online and other channels, and therefore. Their marketing strategies are key drivers of potato flakes sales.

“The rising demand for extruded snacks as well as bakery products is anticipated to boost the market for potato flakes in the forecast period. Key players are adopting diverse strategies to maintain a strong foothold in the potato flakes market.” says an FMI analyst.

Key Takeaways from Potato Flakes Market Study

• According to FMI study’s on the potato fakes market, a large consumer base is looking for products that are naturally sourced. Potato flakes are generally used in dishes that require mashed potatoes. Potato flakes are used as a thickener or base for the preparation of ready-to-eat vegetable gravies and soups. They are also used as an ingredient for potato chips, texturized potato products, snack pellets, etc. Thus, the demand for Potato Flakes is surging.
• The global potato flakes market has been segmented based on end-use, where the buyer to consumer segment holds the major share. However, in the upcoming period, the buyer to buyer segment is estimated to show a positive growth due to its increasing applications in different food products.
• Based on nature, the global potato flakes market is segmented into organic and conventional types. Due to growing health concern, consumers are looking for products that are grown naturally and are free from chemicals and are not genetically modified.
• Eastern Europe and APEJ are expected to lead the global potato flakes market in terms of value. The demand for potato flakes is considerably high in North America. Western Europe is predicted to show a high growth rate in the forecast years. The Latin America market, dominated by Brazil, is also exhibiting high demand for potato flakes.

Who is winning?

Idahoan Foods, McCain Foods Limited, Nestle S.A., Inc., Clarebout Potatoes NV, Goodrich Cereals, Lamb Weston Holdings, Inc., Iscon Balaji Foods Pvt Limited, Lutosa SA, Patwary Potato Flakes Ltd., Bem Brasil Alimentos LTDA, Rixona B.V., Agrarfrost GmbH & Co. KG, Nahr-Engel GmbH, Basic American Foods, Inc., Bob’s Red Mill Natural Foods are some of the key market players.

Leading companies operating in the potato flakes market are aiming at regional expansion via targeting the local distributers to upscale their potato flakes sales and to provide high-quality products to the customers.

• In March 2018, Nestle S.A. opened a new quality assurance lab in Araras, Brazil. The move was intended to enhance the company’s organic product portfolio in the region. The company invested around US$ 6.9 Mn to construct the new facility. The quality assurance facility will ensure that its organic products are free from pesticides and genetically-modified organisms.
• In April 2018, McCain Foods Limited completed a strategic investment with a highly innovative agriculture company, TruLeaf Sustainable Agriculture. With this partnership, the company is expected to set new standards for efficient crop production and environmental care.
• In 2017, Lamb Weston Holdings, Inc.  expanded its Richald Washington plant by 2, 90,000 square feet, increasing its production capacity by approximately 300 million pounds annually.

Find More Valuable Insights into Potato Flakes Market

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

End Use

• Business to Consumers
• Hypermarket/Supermarket
• Convenience Store
• Specialty Store
• Traditional Grocery
• Online Retailers
• Business to Business
• Food Service Industry
• Food Industry
• Soups & Premixes
• Bakery
• Snacks
• Frozen Food
• Baby Food
• Meat Processing
• Animal Feed

Nature

• Organic
• Conventional

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East
• South Africa
• Sub Saharan Africa

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Plant-Based Burger Market Key Players, End User, Demand and Consumption by 2030

 

Plant-based burger market is witnessing a spike in demand, which is expected to continue post pandemic according to a recent report published by Future Market Insights (FMI). Although the pandemic has hit production and supply chains across the world, the global plant-based burgers market has managed to attract demand from consumers says FMI.

The global plant-based burgers market is poised to witness extraordinary growth with CAGR of above 22% for the forecast period 2020-2030, according to FMI. Though plant based burgers were originally developed with vegan and vegetarian consumers in mind, many others are also joining in the ongoing trend. The concepts like ‘flexitarians’ and similar others are gaining traction owing to concerns for health as well as eco system.

Furthermore, animal borne diseases such as COVID-19, SARS, bird flu and many others are pushing more people towards plant based food products. The magnitude and intensity of novel Corona virus is making consumers opt for healthier food substitutes with high nutritional value.

Plant based burgers are made as replacement of regular animal meat burger, using plant ingredients and natural sources without compromising the benefits, but attempting to reduce the drawbacks. These greener and healthier alternatives to the existing food choices are gaining momentum in the market post the onset of COVID-19 suggests report.

Some of the key takeaways from the report are as follows:

• Europe to continue as the largest market in terms of market size throughout the forecast period
• Plant based beef is identified as the most lucrative product in the segment
• Brands in the food and beverages industry looking to partnering with plant based food companies to expand reach
• HoReCa (food service sector) to emerge as the largest distribution channel throughout forecast period
• East Asia and Latin America to achieve highest growth by the end of forecast period 2020-2030

“As the demand for plant-based burger continues to grow, market players are aiming at innovating packaging and storage solutions to ensure nutrients in their products remain intact for a longer period. They are even forging partnerships with several leading names in food chains to ensure they have a widespread footprint” says analyst at FMI.

COVID-19 Impact on Plant Based Burgers Market

COVID-19 pandemic has impacted life and business since its advent. The lockdowns imposed by the governments to reduce the impact of the pandemic has brought businesses across the world to halt. Many businesses incurred heavy losses owing to the shutdowns in the production. However, plant based food was one particular industry which saw a spike in growth amidst all the uncertainty caused by the pandemic.

This growth could be attributed to the fear in people’s minds because of the animal borne disease such as COVID-19. As the impact of the disease grew stronger, the growth in the sales of healthy and nutritious plant based meat substitutes saw exponential increase. Lockdown imposed in March 2020 saw one of the biggest spikes in sales of plant based meat substitutes in regions including Europe, North America, Latin America and others.

Who is Winning?

Companies are looking at mergers and acquisitions as the key strategy to gain advantage over the competitors in the market.

Many popular brands in the food and beverages industry are partnering with plant based food companies to reach out to the vegan, vegetarian and flexitarian community.

For instance, fast food giants such as burger King, McDonalds and many other popular restaurant chains are partnering with popular plant based burger brands such as impossible burgers, beyond meat and so on to cater to the wider group of consumers.

Many other food joints are following suit and bringing plant based meat substitutes to their menus. Rising popularity of plant based foods is forcing known brands and new players in the food industry to invest big in the market.

For instance, Burger King partnered with ‘Impossible foods’, a popular brand of plant based products to offer plant based burgers to its customers. Introducing these plant based options has helped Burger King in gaining advantage over rival and popular brand McDonalds. It also increased its customer base as vegan and vegetarian consumers were added because of the new additions in the offerings.

Valuable Insights on Plant-Based Burger Market

Product Type

• Plant based Chicken
• Plant based Beef
• Plant based Pork
• Plant based Fish/Fishless Fish

Source

• Soy-based Protein
• Wheat-based Protein
• Pea-based Protein
• Canola-based Protein
• Fava Bean-based Protein
• Potato-based Protein
• Rice-based Protein
• Lentil-based Protein
• Flax-based Protein
• Chia-based Protein
• Corn-based Protein

Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Food Stores

Region

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

Read Full report: https://www.futuremarketinsights.com/reports/plant-based-burger-market

 

Food and Beverage Disinfection Market Comprehensive Shares, Historical Trends And Forecast By 2030

 

In its recently published report, ESOMAR-certified Future Market Insights concludes that the global food & beverage disinfection market is poised to reach new heights, impelled by the increasing demand for clean and processed foods.

In its detailed report, FMI summarizes how growth is likely to unfold for the 2020-2030 forecast decade based on several parameters. It acknowledges that the worldwide burden of food related diseases is rising exponentially. The World Health Organization estimates this burden to the tune of 10% of the global population.

Therefore, governments have tightened legal restrictions concerning food processing and distribution to ensure that proper quality and edible food is accessible to all sections of the society. In this light, the scope for food and beverage disinfectants is widening immensely.

Key Takeaways

• By product type, chlorine compounds segment is likely to gather maximum momentum
• Ozonation to be the most widely used food disinfection technology from 2020-2030
• Food processing equipment disinfectants to be impelled due to rising demand for processed foods
• Asia-Pacific to emerge as a revenue hotspot, with India & China pivoting market growth
• By end-use, food industries to make extensive usage of disinfectants

“Prominent players are penetrating non-traditional markets across the Middle East & Latin America, attributed to surging cases of food-ingested infections, thus broadening growth prospects,” says the FMI analyst.

COVID-19 Impact Insights

The novel coronavirus pandemic has drastically impacted the global economy, with all countries hurtling towards a major recession. Government imposed shutdowns have impacted production cycles across several industries, causing revenue pools to become shallow and profit margins to narrow.

At the same time, several industries such as the food & beverage disinfection market are expected to register substantial growth. Worldwide, there has been a spike in demand for clean-label foods, due to the apprehension among consumers about the possibility of the virus being transmitted through unclean food packets.

A minor downswing was observed during the pandemic’s first wave, attributed to tough lockdowns to prevent the virus’s spread. Eventually, flattening of the infection curve prompted governments to ease the restrictions, thus restoring earlier growth projections. Thus, a V-shaped curve is anticipated to prevail until the short-term forecast period.

Competitive Landscape

The global food & beverage disinfection market is dominated by the following players: Advanced UV Inc., CCL Pentasol, Evonik Industries AG, Solvay SA, Stepan Company, Entaco NV, Fink Tec GmbH, Halma PLC, Trojan Technologies, Suez, Xylem Inc., Evoqua Water Technologies and Entaco N.V.

The aforementioned players have a significant presence within the global landscape. To consolidate their presence, these players have invested in expanding their product portfolio by offering industry-specific product customizations, strategic collaborations with competing players or agencies and research & development.

Furthermore, these players are also emphasizing on strengthening regional distribution frameworks so as to better penetrate untapped markets. They do so by establishing robust supply chain links and expansion of their production facilities.

More Insights on the Food & Beverage Disinfection Market

Key Segments

Application

• Surface
• Packaging
• Processing Equipment

End Use

• Food
• Beverages

Region

• North America (U.S & Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru & Rest of Latin America)
• Europe (Germany, U.K, France, Spain, Italy, BENELUX, Russia & Rest of  Europe)
• Middle East & Africa (GCC, South Africa, Turkey, Iran, Israel & Rest of MEA)
• East Asia (China, Japan & South Korea)
• South Asia (India, Thailand, Malaysia, Indonesia, Singapore & Rest of South Asia)
• Oceania (Australia & New Zealand)

Read Full Report: https://www.futuremarketinsights.com/reports/food-and-beverage-disinfection-market

Guar Gum Market Overview with Detailed Analysis, Competitive Situation

 

The global guar gum market is likely to surpass US$ 1.3 Bn in revenues by the end of 2026, according to a new research report by Future Market Insights (FMI). The report projects the market to grow at a CAGR of 2.8% during the forecast period 2017-2026, with steady demand from end users in Asia Pacific excluding Japan (APEJ) likely to provide growth opportunities to stakeholders in the market. Applications in food and beverage industry are likely to create steady demand during the assessment period.

To offer readers detailed insights on the guar gum market, the report has segmented the market on the basis of product type, end use industry, and primary function. In addition to this, the report also offers region-wise analysis and segmentation, offering readers detailed analysis on the lucrative and sluggish markets.

On the basis of product type, the key segments include food grade, fast hydrated gum oil drilling grade, and industrial grade. By end use industry, the market has been segmented into food and beverages, fracking, textiles, pharmaceuticals, and other end-use industries. On the basis of primary function, the key segments include thickener and stabilizer, binding agent, and other functional properties.

Among the product types, the fast hydrated gum oil drilling grade segment will continue to remain attractive during the assessment period. This segment currently accounts for nearly 70% revenue share of the market, and is likely to remain lucrative throughout the forecast period. The fast hydrated gum oil drilling grade is likely to surpass US$ 800 Mn in revenues by the end of the forecast period.

Demand for guar gum is likely to remain robust in the fracking segment. Currently, fracking accounts for over two-third revenue share of the market, and it is highly likely that the dominance of this segment will continue beyond 2017. This segment is projected to grow at a CAGR of 2.4% to reach a valuation of over US$ 800 Mn by the end of the forecast period.

The use of guar gum has been witnessing an increase owing to its growing application in the oil & gas industry. However, as the oil and gas industry is going through a sluggish phase, the demand for guar gum has declined to an extent. Some of the sluggishness on account of oil & gas is likely to be compensated by growing demand in the food and beverage industry. Guar gums find wide-ranging applications in the food & beverage industry, where it is used as a thickener and stabilizer. Steady demand from the food and beverage industry is likely to provide an impetus to the growth of the guar gum market during the assessment period. Growth is likely to remain steady from the textile and paper sector, however, availability of other feasible alternatives can stymie demand to an extent.

Although still at a nascent stage, demand for guar gum in managing health disorders such as diabetes and cardiac elements presents an opportunity for manufacturers. Further advancement in the application of guar gum in the healthcare sector can open up new avenues of growth for guar gum manufacturers during the assessment period. Some of the leading players in the market include Lucid Group, Jai Bharat Gum, Hindustan Gums, Vikas WSP, Shree Ram Gum, Cargill Inc, Supreme Gums Pvt. Ltd, Ashland Inc., India Glycols Ltd, Rama industries and Lamberti.

Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

Product Type

• Food Grade
• Fast Hydrated Gum Oil Drilling Grade
• Industrial Grade

End Use Industry

• Food and Beverages
• Fracking
• Textiles
• Pharmaceuticals
• Other End Use Industries

Primary Function

• Thickener and Stabilizer
• Binding Agent
• Other Functional Properties

Read Full Report: https://www.futuremarketinsights.com/reports/guar-gum-market

 

Natural Antioxidants Market: Demand Growth, Geographic Segmentation, Key Players Analysis To 2032

 

According to a recent report by Future Market Insights, market research and competitive intelligence provider, sales of natural antioxidants are estimated to reach a value of USD 3.6 Bn by 2032, surging at 6% CAGR through the decade.

The increasing prevalence of lifestyle-related diseases such as obesity, cardiovascular disease, diabetes, and other non-communicable diseases (NCDs) has become one of the greatest concerns for consumers around the world. Consumer awareness of healthy habits has brought about fundamental changes in their diet, which has increased the demand for natural antioxidants for many years. Weight-sensitive consumers are more sensitive to their daily calorie intake and are willing to consume nutrient-rich, low-calorie foods. Several research projects have concluded that natural antioxidants are beneficial in improving health conditions such as cardiovascular disease, diabetes, and other non-communicable diseases (NCDs).  This has led consumers to focus on getting antioxidants in their regular diet. In addition, health enthusiasts and fitness freaks are more likely to be attracted to organic and natural antioxidants as key ingredient in foods, beverages, and dietary supplements. The results could lead to strong growth in the natural antioxidant market over the next few years.

The vast majority of animal farms around the world are switching to alternative additives such as natural antioxidants, toxic binders, and organic acids to prevent contamination of raw materials. Using these alternative options also helps reduce the level of antimicrobial resistance from the feed-to-food model. It should be noted that AMR levels have reached alert levels around the world and people are less responsive to first-line or second-line treatment of the disease. In addition, oxidative stress is one of the main factors associated with immune system dysregulation and leads to several illnesses, so the majority of the population consumes natural antioxidants to improve immune system health. Tend to be. These factors encourage consumers to take precautions and create a large space for the healthy growth of natural antioxidants during the forecast period.

Key Takeaways from Market Study

• Asia-Pacific holds the major share and is expected to be the largest market for natural antioxidants, with sales estimated to reach ~US$ 1.1 Bn by 2032-end.
• The natural antioxidants market in North America and Europe is expected to register a high growth rate in the coming years, owing to a remarkable hike in the consumption of nutritional supplements in these regions.
• Increasing interest in the consumption of natural products is expected to bolster the demand for natural antioxidants.
• Global natural antioxidants market represents a fairly consolidated competition landscape, where the majority of key players are investing in R&D to lower the production cost of natural antioxidants.
• Natural antioxidants exhibit low volatility and high stability at high temperatures, offering better aid to food production techniques, including frying, cooking ,or baking.
• Regulatory authorities are imposing limitations on the application of artificial antioxidants, leaving manufacturers of natural antioxidants in high spirits.

“The natural antioxidants market is being driven by their taste, aroma, and health benefits. Rising awareness about the product along with increased use in the F&B industry are key factors for market expansion,” says a lead analyst at Future Market Insights.

Who is Winning?

Many CEOs re-checked their company’s portfolios and re-figured their strategy in 2020 and 2021 due to the global upheaval generated by COVID-19. Companies have worked on strategies such as marketing and packaging, adopted labels trends, and taken various steps to promote the product in different markets along with reaching new geographies.

Utilizing primary natural antioxidants is not sufficient to meet all requirements. For example, rosemary extract (E392), which is primarily used in foods, works well with animal fats, but provides an unwanted odor and flavor. Studies have shown that combining two or more natural antioxidants works more effectively in most cases. Therefore, market participants offer a combination of tocopherol and rosemary extract. In addition, tocopherol is combined with citric acid or isopropyl citrate for optimal effect. To minimize food waste, players in the food industry extract natural antioxidants from the bran layer of cereal plants. Research emphasizes the inefficiencies of branded natural antioxidants compared to existing natural antioxidants, but ongoing research and development are underway to maximize the potential of branded natural antioxidants. I’m on the way.

Key players operating in the global natural antioxidants market include BASF SE, Ajinomoto Co Inc, Naturex S.A., Adisseo France SAS, The Archer Daniels Midland Company, I. du Pont de Nemours and Company, A & B Ingredients Inc, Hansen A/S, Koninklijke DSM N.V., Cargill, and Ingredients Inc.

Get More Valuable Insights

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

Product:

• Vitamins
• Carotenoids
• Polyphenols

Nature:

• Organic
• Conventional

Source:

• Fruits & Vegetables
• Herbs & Spices
• Microalgae & Seaweed

End-Use:

• Food & Beverages
• Meat, Fish & Poultry
• Spice & Condiments
• Oil, Fat & Margarine
• Packaged Food
• Bakery & Confectionery
• Others
• Cosmetics
• Skin Care
• Hair Care
• Nutraceuticals
• Pharmaceuticals
• Feed Industry

Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Read Full Report: https://www.futuremarketinsights.com/reports/natural-antioxidants-market

Vegan Pasta Market Segmentation Application, Technology & Market Analysis Research Report To 2032

 

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the vegan pasta market is estimated to reach a value of USD 416.7 Mn by 2032, surging at 9% CAGR through the decade.

Veganism’s growing popularity, consumers’ preference for a healthy diet, rapidly changing lifestyles, less preparation time, the availability of a diverse range of vegan pasta, and vegan pasta’s status as a high-quality and healthier product all contribute to the market’s expansion.

Despite the fact that competition has increased due to the entry of many new players, the fact that vegan pasta is a premium product with a high price can stifle market growth for vegan pasta. This misunderstanding of vegan products and their health benefits also stifles the global expansion of the vegan pasta market.

The global vegan pasta market, on the other hand, is expanding due to an increase in the number of consumers who prefer vegan food, changes in consumer eating habits toward healthier foods, internet penetration as a distribution channel, and increased awareness about vegan products. In addition, the introduction of new types of vegan pasta, as well as improved marketing strategies, are some of the other opportunities fueling the global vegan pasta market growth.

Key Takeaways from Market Study

• The global vegan noodle market is expected to be dominated by China. Vegan foods, vegan ingredients, and vegan noodles are becoming increasingly popular among consumers in the country.
• The growing vegetarian population in India is expected to drive the growth of the vegan pasta market in the coming years.
• As the number of consumers increases in the United States, online retailers make appealing offers such as discounts and free delivery schemes to reduce the hassle of shopping, thereby increasing demand for vegan pasta.
• Brazil remains one of the most prominent vegetarian nations. This is expected to increase market demand for vegan pasta in the country.
• In the United Kingdom, a predominantly meat-eating country, approximately 160,000 people declared themselves vegan in 2017, with an additional 700,000 declaring themselves vegan by 2021. Veganism has grown in popularity over the years, so the market is expected to expand during the forecasted period.

“Pasta, the most popular convenient food, is becoming more popular in the vegan market. Several well-known brands have begun to offer various types of vegan pasta, accelerating the global vegan pasta market’s growth,” says a Future Market Insights analyst.

Competitive Landscape

Key players in the vegan noodles market are focusing their efforts primarily on emerging countries, which offer numerous lucrative opportunities for the vegan noodles market. The major players in the vegan noodles market are constantly introducing new products that are tasty and come in a variety of flavours.

• Barilla acquired Catelli, a Canadian company, in February 2021. The company’s dry pasta plant in Montreal is included in the acquisition (Quebec).

Some of the key players in the vegan noodles market include Cece’s Veggie Co., Nissin Food Products Co. Ltd., Myramen Inc., Dr. McDougall’s Right Foods, Lotus Foods Inc., House Foods America Corporation, Barilla G. e R. F.lli S.p.A, Nongshim America, Inc., and Marzetti Company.

Explore More Valuable Insights

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

The study offers compelling insights based on category (Fresh, Dried) nature (Organic, Conventional) source (Wheat, Rice, Legumes, Buckwheat, Oats, Others (Fava Beans, Quinoa, etc.)) product (Penne, Spaghetti, Elbows, Fettuccine & Linguine, Filled Pasta, Others (Angel Hair, Farfalle, etc.)) packaging (Boxes, Trays, Packets & Pouches) distribution Channel (Direct (B2B), Indirect (B2C), Hypermarkets/ Supermarkets, Convenience Stores, Discount Stores, Food and Drink Specialty Stores, Independent Small Groceries, E-Commerce (Online Retail)) region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa).

Read Full Report: https://www.futuremarketinsights.com/reports/vegan-pasta-market