Infant Formula Ingredients Market estimated to progress with a CAGR close to 10%

Market overview:

The global infant formula ingredients market was estimated at US$ 23.8 billion in 2020, and with an annual compound rate of 9.6%, it is expected to reach US$ 38.4 billion by 2025. In general, most products that are safe and available for consumers rely on milk. Infant formulas generally contain functional ingredients that are essential for the growth of babies.

Recent developments:

In 2019, Nestlé (Switzerland) opened a new R&D center in Ireland. The company has invested $ 30 million. The center will focus on the development of products for children’s nutrition.

In 2019, BASF launched the first HMO PREBILAC 2′-FL for the children’s nutrition market.

Market Drivers and Restraints:

The growth in the global infant formula ingredients market is mainly due to an increase in the number of women working in middle-class families in several regions, including North America, Asia Pacific and Latin America. Protein consumption, as a component in a variety of applications, such as milking and unique preparations, is expected to increase the overall demand for infant ingredients in the coming years. In the infant formula, proteins are used to make foods with alternative hypoallergenic proteids for babies suffering from milk allergies, celiac disease and gluten intolerance. In addition, the protein components of infant formulas are generally prepared for a bottle or cup feeding on powdered or liquid solutions. The infant formula contains proteins, carbohydrates and fats, which are necessary to provide the macronutrients and energy that babies need.

However, the lack of knowledge of the merits of the formula and the presence of several leading players and promotional activities make the market more competitive.

Report is segmented as:

According to the ingredients, the global infant formula ingredients market is divided into oils and fats, carbohydrates, proteins, vitamins and prebiotic minerals. The prebiotic sector is expected to have a significant demand due to the various perceived health benefits.

By source, the market is divided into dairy cows, soybeans and protein hydrolysates. The protein hydrolyzate segments are expected to show the fastest growth during the forecast period.

Depending on the application, the global infant formula ingredients market is divided into standard infant formulas, cultured milk, special formulas and subsequent formulas.

Geographical Segmentation:

Geographically, Asia Pacific has led the world market for infant formula ingredients in recent years. As urbanization increases and the demand for easy foods increases, the market for a variety of recipes is expected to be active, including great growth in the global infant formula ingredients market. The Asia-Pacific region is one of the largest consumers of children’s ingredients, so the Chinese market is dominant. China benefits from trade because it is one of the leading international exporters of children’s ingredients to other countries, such as New Zealand.

Key market players:

Major companies in the market include AAK AB, Cooperative Group Limited, Royal Friesland Campina NV, Glanbia plc, Carbery Food Ingredients Limited, BASF SE, Sachsenmilch Leppersdorf GmbH, Koninklijke DSM NV, Chr. Hansen Holdings A / S, Ingredients for Lactalis, Arla Foods and Kerry Group plc.

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:        

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Sports Drink Market is Expected to reach USD 15.57 billion by 2025

Market overview

Sports drinks are beverages that contain salt, sugar, protein, carbohydrates, minerals, vitamins, and electrolytes such as potassium, sodium, and other ingredients. They are mostly preferred by sportspersons, athletes and others, to restore energy level, electrolytes and water before and during exercise. 

The primary goal of consuming Sports drink is to improve the nutritional contents, which are lost during sweat and to raise energy metabolism in the human body. 

Global Sports Drink Market is projected to rise at a CAGR of 4.5% during the forecast period 2019-2024.

Market Drivers and Restrains

Primary reasons driving the development of sports drink in the global market are it supports to increase the performance, endurance and assist athletes in doing intense exercise and lengthy training. 

The growing population of sportspersons and athletes in emerging countries are also some other aspects driving the progression for sports drink in the global market.

Rising competition in sports, high-popularity training and exercise are fuelling the development of sports drink in the global beverages market.

Report is segmented as

By Type

  • Isotonic
  • Hypotonic
  • Hypertonic

By Ingredient Types

·      Aqua/Water

·      Additives

 Geographical Segmentation:

Based on regional segment, the market for sports drink is segmented into North America, Latin America, Asia-Pacific, Japan, Western Europe, Eastern Europe and the Middle East & Africa. Of these regions, North America contributes the largest portion to the global business of these beverages.

Key market players:

  • Gatorade the sports fuel company
  • The coca-cola company
  • Ba sports nutrition, llc.
  • J donohoe beverages ltd.
  • Pepsico
  • All sport, inc.
  • BE Innovations
  • GU Energy Labs
  • Otsuka Pharmaceutical Co., Ltd.
  • CytoSport, Inc

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

North America and Europe dominate the Global Food Safety Testing Market

Market overview:

The global food safety testing market is expected to grow from US$ 17.7 billion in 2018 to US$ 24.9 billion in 2025, with a compound annual rate of 7.7% during the forecast period. Food certification procedures to ensure the safety of causing foodborne illness and reduce the threat of contamination are evidence of food safety. Food safety tests are an essential process to maintain food quality and safety. Governments around the world have greatly expanded their emphasis on food security. The development of the global food industry is based on food testing mechanisms. Inadequate food analysis mechanisms may increase the risk of foodborne illness.

Recent developments:

In April 2018, SGS acquired Oleotest NV to provide chemical testing services for food, feed and agricultural products. The acquisition is expected to strengthen the leading position in the farming and food testing sector in Belgium by allowing the company to enter the complementary industry for chemical analysis.

Market Drivers and Restraints:

The main driver of the global food safety testing market is the increase in microbial contamination of food. Inappropriate use of technology in instant food production, increasing chemical contamination in the food processing industry, will increase the demand for products on the market during the forecast period. Factors such as changes in lifestyle and the growing popularity of fast-service restaurants are likely to require safety testing of edible products as demand for packaging and processed foods increases in developed and developing countries. In addition, the growing demand for quality testing of processed and unprocessed meat is foreseen to drive the growth of the global food safety testing market. 

The market for food safety tests is gaining importance due to the occurrence of foodborne diseases worldwide. Also, increasing global food opportunities, rising cases of error in food labels, strict government regulations and regulations on food analysis mechanisms can revitalize the food safety analysis market.

Lack of awareness about food security and inadequate government regulation, not only in developing countries but also in several developing countries, will hinder the growth of this market.

Report Segmented as:

The market for food safety testing is broken down by technology, contaminants, applications and region. 

Based on technology, the market is divided into traditional technology and fast technology. Traditional technology requires a lot of work and a lot of time, so quick technology dominated the global food safety testing market. 

The contaminants in the food test market are pathogens, toxins, GMOs, pesticides, etc. Of all contaminants, pathogens lead to an increase in foodborne illnesses than others. 

Meat and poultry, dairy products, processed foods, fruits and vegetables are applications in the global food safety testing market. The meat and poultry sector has the largest market share due to the higher number of diseases due to increased consumption of red meat and poultry products.

Geographical Segmentation:

Geographically, the global food safety testing market is divided into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. 

North America was leading the food safety testing market followed by Europe. In North America, Canada is the most significant contributor of income to the regional food safety testing market due to strict regulations for food testing. The Asia-Pacific region is predicted to experience substantial growth in the coming years. The Middle East and Africa are emerging markets in the food safety testing market due to consumer awareness and the occurrence of food poisoning in the area.

 Key market players:

Some of the key players in the global food safety products market and in the food safety testing market are 3M Company, Biocontrol Systems Incorporated, Roka Bioscience IDDEX Laboratories INC, Agilent Technologies Incorporated, Bio-Rad Laboratories Incorporated, Douglas Scientific and Ecolab Incorporated.

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:        

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Glucose Syrup Market Size and Forecast to 2025

Market Overview

The global Glucose syrup market is estimated to reach an annual compound rate of xx% between 2020 and 2025. Due to its long shelf life, non-toxic humectants, anti-crystals and antifreeze (elements that retain moisture and freshness) and conservation properties, the demand for glucose syrup is increasing.

Glucose syrup is a liquid that is produced after the hydrolysis of glucose molecules, usually wheat, corn, potatoes and rice. This syrup is used to prepare frozen desserts, sweets and baked goods to add sweetness. This type of syrup does not contain fat and contains a lot of calories. In addition, glucose syrups made from corn starch contain small amounts of zinc, thiamine and calcium. Glucose sugar is also used in beer production and as an ingredient in homemade ice tea or lemonade drinks.

Recent Developments 

  • In June 2018, the U.S. Food and Drug Administration. UU. (FDA) reassessed plans to add sugar, including glucose syrup, to all labels of pure maple honey and honey, which encouraged other players in the global marketplace.
  • Archer Daniels Midland Co. 2017 (ADM) has invested $ 123 million in research and development activities.

Market Drivers 

The growing demand for baked goods such as waffles, pancakes, etc., is a crucial factor to boost the growth of the global glucose syrup market. Increasing consumer awareness related to the health benefits of the consumption of glucose syrup is another element that is expected to boost growth in this market in the coming years. Also, the increased use of glucose syrup to make candy that helps prevent crystallization is likely to lead to the growth of the world market. Increasing the adoption of glucose syrup in baked goods does not affect the appearance and improves moisture retention, keeping baked goods fresh. The increasing use of glucose syrup in confectionery preparations to prevent rough texture is supposed to support the growth of the global glucose syrup market.

Restraints

Foods that contain glucose syrup are not relatively healthy, so people gain weight in a short time. When people consume glucose syrup, the body secretes more insulin, causing many diseases.

Market Segmentation

The glucose syrup market is classified by grade into food and pharmaceuticals. The high demand for sweeteners and the growth of the bakery industry are crucial to the growth of the food segment.

The global glucose syrup market is classified according to the application as sweetening agents, wine and more. Wine occupies most of the market as sugar is an essential ingredient in them.

Regional Analysis

The North American glucose syrup market is expected to occupy a high sales quota in the next decade. The increase in the consumption of prepared beverages and the demand for sweets, bakery products and desserts in the region is expected to boost growth in the North American market. 

The Asia-Pacific glucose syrup market is foreseen to record profitable growth during the forecast period. The European market is projected to register steady growth in the coming years as the command for bakery products increases.

Key Players

The main company in the global market is the Agrana Group. Cargill, Inc; Abbe U.A; Archer Daniels Midland; Baker’s Kitchen; Beneo Ingridiano; DGF service; Expensive syrup; Grain Processing Corporation; Dr. Oetker; L ‘Epicerie; Rocket Freres; Queen Fine Foods; Tate and Lyle.

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For more information:         

 Abhishek Shukla

 Sales Manager at Market Data Forecast

 Email: abhishek@marketdataforecast.com

 Tel: +1-888-702-9626

 Website: https://www.marketdataforecast.com/

Organic Pasta Market Estimated to reach USD 1.35 Billion In 2025

Market Overview

The global Organic Pasta Market is estimated to reach an annual growth rate of 10.7% between 2020 and 2025. The ingredients used in pasta production have become an essential factor in consumer choice.

 Organic pasta is produced from organically grown wheat, and grains and chemical pesticides and fertilizers are not used for planting. Health-sensitive parents control their children’s eating habits. Parents are optimistic about raising children to eat foods rich in nutrients and vitamins for better physiological and cognitive development.

 Recent Developments 

  • In 2019, a group of designers developed high-end organic pasta and took photos for the Milano Design Week. It was a joint effort of these two large pasta producers, Trafile Turconi and Baradello.
  • In August 2019, Sanrio Co., Ltd. launched organic pasta in the Hello Kitty range for children. The launch began in the United States and is available for purchase through online retail channels and Hello Kitty Cafe.

Market Drivers 

Concerns about health and well-being have led to a change in consumption habits. These also changed their nutritional disposition. These changes have significantly increased the demand for organic products and ingredients in recent decades. As consumers switch to clean label products, the need for organic pasta is rising. The disposition of the consumer continues to change over time and requirements change with these changing preferences. Because they cannot obtain a product that meets these needs, consumers will move to other brands. The manufacture of organic pasta with ingredients such as quinoa, beans, oats, etc., it is gaining popularity. This sauce is used to make organic pasta to increase its nutritional content. Consumers are ready to pay a higher price for organic pasta produced with these sauces.

Restraints

However, prices remain an essential impediment to the growth of the organic pasta market in emerging countries

Market Segmentation Analysis:

By source: the global organic pasta market is divided into wheat, rice, legumes, buckwheat, oats and others (beans, quinoa, etc.).

By product: the market is classified in Penne, Spaghetti, Elbow, Fettuccine and Linguine, Filled pasta and others (Angel Hair, Farfalle, etc.).

By packaging, the global organic pasta market is separated as boxes, trays, packets and pouches.

By category, the global business is bifurcated as fresh and dried.

By distribution channel: the market is segmented as direct (B2B) and indirect.

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Regional Analysis

By regions, pasta production was higher in Europe, followed by North America. Even so, in terms of consumption, the United States has the highest use of organic pasta. As consumers are aware of organic products, there is an increasing demand for organic pasta in this region. Also, in South and East Asia, the need for organic pasta remains low for several reasons, but the main reason is the high price and ignorance of organic pasta.

Key Players

Barilla Group, George DeLallo Company, Ebro Foods, TreeHouse Foods, Windmill Organics and Dakota Growers Pasta are important players in the market.

For more information:         

 Abhishek Shukla

 Sales Manager at Market Data Forecast

 Email: abhishek@marketdataforecast.com

 Tel: +1-888-702-9626

 Website: https://www.marketdataforecast.com/

North America and Europe to lead the Global Cold Chain Monitoring Market

Market overview:

The global Cold Chain Monitoring Market was worth US$ xx million in 2019, and it is estimated to reach a valuation of US$ xx million by the end of 2025, extending at a compound annual growth rate of xx% between 2020 and 2025. As the demand for pharmaceuticals, processed foods and other temperature-sensitive products worldwide increases, the need for cold chain monitoring solutions increases.

Recent developments:

In August 2017, Orbcomm launched its next-generation cold chain monitoring solution called PT 6000, which guarantees the logistics, fuel and temperature management, maintenance and compliance of refrigerated assets in transit. The solution is available in the dual-mode or cellular LTE or 3G cellular satellite versions.

Market Drivers and Restraints:

The demand for cold chain monitoring solutions is expected to increase as several governments around the world emphasize the increased efficiency of the supply chain for processed foods, frozen foods, dairy and pharmaceutical products and other products that require monitoring of the cold chain. Solution Strict regulations on the storage and shipment of pharmaceutical products are likely to boost the demand for cold chain monitoring solutions. In particular, as the need for pharmaceutical products in developing countries increases, it is presumed to lead the growth of the global cold chain monitoring market. Some pharmaceutical products are susceptible to temperature and require effective temperature monitoring techniques to maintain the desired temperature throughout the supply chain. Temperature monitoring technology can help prevent product damage by keeping the temperature at the desired level during shipping.

On the other hand, high implementation costs and problems associated with the process and installation of cold chain monitoring solutions are foreseen to limit market development in the future.

Report Segmented as:

Based on components, the global cold chain monitoring market has been segmented into hardware and software. As it becomes more important to ensure the integrity, efficiency and safety of shipments, monitoring components are becoming an inseparable part of the cold chain.

Based on logistics, the cold chain monitoring market has been segmented in storage and transportation.

Depending on the application, the global cold chain monitoring market is segmented into fruits and vegetables, fruit pulp and concentrate, dairy products, fish, meat and seafood, processed food, medicines, bakery and confectionery, and others.

Geographical Segmentation:

Geographically, North America and Europe are expected to represent a significant portion of the global cold chain monitoring market in the coming years. Strict rules and regulations, taking into account the monitoring of cold chains, are anticipated to ensure the development of North America business in the coming years. In addition, the growing demand for frozen and refrigerated foods is expected to support regional market growth in the near future. Europe is also expected to experience healthy growth in the coming years, followed by Asia Pacific in the coming years.

Key market players:

The main players in the global market include Sensitech, Orbcomm, Berlinger & Co., Zest Labs, Controlant, Monnit, Elpro-Buchs, Savi Technology, Securerf Corporation and Infratab.

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:        

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Meat Substitutes Market Growth and Forecast to 2025

Market Overview

The global Meat substitutes Market is estimated to reach an annual growth rate of 7.8% between 2020 and 2025. Emerging regions such as Latin America and Asia-Pacific are expected to provide enormous growth opportunities for the global market.

 Meat substitutes are also known as fake meats, meat analogues, vegetarian meats and simulated meats. They are similar to the aesthetic and chemical properties of meat, including the underlying texture, taste, appearance and taste of meat. Most meat substitutes are based on gluten or soy. Vegetarians reduce meat consumption for health or ethical reasons. A popular alternative for meat is tofu.

Recent Developments 

  • In 2017, Campbell Soup Company acquired Pacific Foods of Oregon LLC for $ 700 million. The acquisition is supposed to help strengthen Campbell’s health and wellness portfolio in the growing natural and organic categories.
  •  In March 2018, Kerry Group acquired the Dutch company Ojah, innovator of meat substitutes, and invested in the meat substitutes market.

Market Drivers 

As consumers become more aware of the adverse health effects associated with eating meat, they are becoming vegan. This is likely to contribute to the evolution of meat substitutes worldwide. In addition, the benefits of cholesterol-free protein with a meat-like texture are one of the critical factors that promote the growth of meat substitutes. Meat is a rich source of protein, cholesterol and saturated fat. Regular consumption of meat causes cardiovascular disease, obesity, atherosclerosis, diabetes, osteoporosis and cancer. Consumers are leaning towards health and wellness these days. This leads to a reduction in the consumption of meat rich in protein, which is likely to accelerate market growth. The production companies engaged in meat products are now entering the market for meat replacement production. Market growth is expected to expand as concerns increase over the adverse effects on animal welfare and the environment of the meat industry.

Restraints

But the constant demand for poultry meat, fluctuations in raw material and chicken prices represent a great challenge for the meat replacement market.

Market Segmentation

By product type, the global meat substitutes market is separated as Tofu-based, Seitan-based, TVP-based, Quorn-based, Tempeh-based and others.

By source, the global market is segmented as wheat, soy and mycoprotein.

By Category, the global meat alternatives business is divided into refrigerated, frozen and shelf-stable.

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Regional Analysis

North America contributed to the largest market share, where the United States dominates the local meat substitute market, followed by other regions like Europe and Asia-Pacific. Asia-Pacific will see significant growth in the near future. Countries like India, China and Japan show strong economic growth in the meat substitutes market due to their large vegan consumer base.

Key Players

Companies that participate in the global meat substitute market include Amy’s Kitchen, Ahimsa Food, Quorn Foods, Meatless B.V, Beyond Meat, Cauldron Food and Sonic Biochem Extraction Limited.

For more information:         

 Abhishek Shukla

 Sales Manager at Market Data Forecast

 Email: abhishek@marketdataforecast.com

 Tel: +1-888-702-9626

 Website: https://www.marketdataforecast.com/

Fats and Oils Market expected to reach 282.8 billion by 2024

Market Overview:

Cooking oils and fats are a combination of polysaturated, monosaturated and saturated fatty acids. Saturated fats raise the body cholesterol levels, while polysaturated and monosaturated fats tend to lower cholesterol levels in the body.

Edible fats and oils are having applications in the food industry, while inedibles have a large variety of industrial applications. Diet fats and oils are taken as highly concentrated forms of energy and occupy a key role in promoting the growth of cells. 

The global fats and oils market is estimated to register a CAGR of 5.2% during the forecast period (2019–2024), to reach USD 282.8 Billion by 2024. 

Recent developments

  • In May 2017ConAgra Foods signed a USD 285 million contract to sell its Wesson edible oil to J. M Smucker in the course of re-engineering its portfolio.

Market Drivers and Restrains

Increasing consumption of animal products augments the demand for high-quality edible fats & oils products, and processed food. Changing consumer eating habits are the aspects that are expected to increase the demand for fats & oils market over the forecast period.

The primary factor driving this market is the raised consumption of processed foods, ready to drink beverages and confectionery. Asia-pacific accounts for the highest share in palm oil in terms of use as well as its production. The primary driver in consumption is its usage in cooking and its part in food processing.

However, rising health concerns such as heart associated disease and obesity due to excessive consumption of fats & oils increasing quality standards, strict government regulations for food safety and improving environmental interest may hinder the growth of fats & oils market in the near future.

Report is segmented as

By Product Type

  • Palm
  • Sunflower
  • Olive
  • Soybean
  • Rapeseed
  • Others

By Application

  • Food
  • Industrial
  • Personal Care
  • Animal Feed
  • Pharmaceutical

 Geographical Segmentation:

Based on geography, the world market is analyzed under many regions such as North America, Europe, Asia-Pacific and the Rest of the World. The Asia-Pacific region contributed the highest share to the global Fats and Oils Market.

Key market players:

  • Associated British Food Plc.
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • Unilever Plc.
  • United Plantations Berhad
  • Wilmar International Limited
  • International Foodstuff Company Holdings Ltd.
  • Ajinomoto Co. Inc.
  • Bunge Limited.

View sample and decide:  https://www.marketdataforecast.com/market-reports/fats-and-oils-market/request-sample

Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

Demand for meat and dairy alternatives boosts the Global Plant Based Protein Market

Market Overview

The global Plant based Protein Market is estimated to reach an annual growth rate of above 8% between 2020 and 2025. New composition studies and modified high humidity extrusion processes are helping to grow the vegetable protein market.

Plant-based Protein is extracted from botanical sources such as wheat, beans, peas, etc. They are used in a variety of applications in nutritional supplements, dairy substitutes, protein bars, meat substitutes, poultry and seafood, and bakery foods.

Recent Developments 

In January 2019, ADM expanded its presence in Brazil by building a new $ 250 million soybean protein production complex in Campo Grande, Mato Grosso do Sul, Brazil.

Walgreens, a pharmaceutical company, based in the United States, has a big store with a separate sports nutrition section for the nutraceutical hall.

Market Drivers 

The main factor that is expected to lead the global Plant-based Protein Market is the consumer’s preference for the vegan and nutritional benefits that plant foods provide. The “clean” trend of the elderly population is also expected to boost market growth during the forecast period. In addition, in developed markets, including Germany and the United States, there is supposed to be a more significant concern for glutamic disorders and lactose intolerance of the millennium generation and the use of soy protein and protein supplements will be promoted. Most manufacturers sell their products through various distribution channels, including direct sales contracts, e-commerce portals and supermarkets. These products come in multiple forms, such as powders, liquids, beverages to read and capsules.

Restraints

Higher cost and allergies related to the usage of soy in some people had become a significant challenge for players in the market.

Market Segmentation

By Type: The plant-based protein market is divided into soybeans, wheat, peas, corn, potato and rice. The soy sector in the world market for plant-based proteins has the largest market share in terms of sales. 

Depending on the application, the global plant-based protein market is divided into food & beverages, health supplements, pharmaceuticals, nutrition, and animal feed. 

By distribution channel, the global market for plant-based proteins has been divided into supermarket/hypermarket, specialty stores, departmental stores, online retail and others. 

Regional Analysis

North America now occupies the largest share in the global plant-based protein market. The remarkable growth in the fitness industry in the region, along with growing health problems in the elderly population in plant protein foods, is foreseen to drive market growth in the forecast schedule. With the growth of the health food industry, growth in the health industry is anticipated to increase the demand for nutritional supplements in the Asia-Pacific region, which will stimulate market demand in the expected years.

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Key Players

The main actors operating in the Plant-based Protein Market are Axiom Foods, Cargill, Sotexpro S.A, ADM, The Scoular Company, Royal DSM, Burcon Nutrascience Corporation, Tate & Lyle, Kerry, Ingredion, DowDuPont and Glanbia.

For more information:         

 Abhishek Shukla

 Sales Manager at Market Data Forecast

 Email: abhishek@marketdataforecast.com

 Tel: +1-888-702-9626

 Website: https://www.marketdataforecast.com/

Bakery Ingredients Market Size and Forecast to 2025

Market Overview

The global Bakery Ingredients market is estimated to reach an annual compound rate of 7.45% between 2020 and 2025. The propensity for health-oriented bakery products is another crucial factor that contributes to market growth.

 The ingredients in the bakery are foods that help maintain freshness, softness and taste. They help improve the period of validity and increase the protein content of baked goods. These ingredients are available in several varieties and are considered the staple of human nutrition worldwide. The choice of ingredients and composition determines the taste and texture of baked goods.

 Recent Developments 

  • In December 2016, Cargill (USA) expanded the line of emulsifiers with the addition of deoiled canola lecithin. 
  • In April 2016, Associated British Foods plc (United Kingdom) acquired Illovo Sugar Limited (South Africa), the largest sugar producer in Africa.

Market Drivers 

The global bakery ingredients market is driven by factors such as busy lifestyles and changes in eating habits, resulting in increased consumption of bakery products. In addition, changes in the culture and daily life of people in developing countries and rising demand for low-fat and gluten-free products will increase the market growth. Also, the rapid increase in obesity rates and the increase in fitness-related concerns have increased the demand for healthy bakery food products. Nevertheless, the active efforts of the leading bakery food market and significant manufacturers to reduce the cost of production and increase the shelf life of products are expected to provide a favorable opportunity for market growth.

Restraints

In contrast, the trend of replacing baked goods with grains such as oats is supposed to hinder the growth of the world market.

Market Segmentation

By application, Bread is the most significant contributor to the global bakery ingredients market, which is driven primarily by new production methods that provide nutritional and economical ingredients to price-sensitive customers in developing countries.

By type, baking powder is an essential ingredient in bakery products and a source of vitamins, proteins and carbohydrates consumed worldwide.

Regional Analysis

In terms of sales, Asia Pacific is the most dominant region representing a significant share of the global revenue. Changes in lifestyle require alternatives to regular household foods, which increases the demand for packaged and processed foods. Asia-Pacific is also estimated to be the fastest-growing area due to the increased demand for these ingredients in China, India and Japan.

Leading Company 

Archer Daniels Midland Company invests in R&D to develop a variety of products to meet the needs of various consumers in the market.

Key Players

Major companies operating in the global bakery ingredients industry include Associated British Foods plc. Archer Daniels Midland Company; Baquel Group; Corporation; Cargill, Dawn Food Products Inc. Ingredion Incorporated; E. I. du Pont de Nemours and Company; Konin Kleeke DSM N.V; Kerry Group PLC; Lallemand Inc.

Check out the sample: https://www.marketdataforecast.com/market-reports/global-bakery-ingredients-market/request-sample

For more information:          

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

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