Fish Oil Industry Shares, Opportunities, Trends and Market Restraints Analysis by 2022

10 July 2019: The global Fish Oil Market size is expected to value at USD 4.08 billion by 2022. The market is subject to witness a substantial growth due to the growing aquaculture activities across the globe. Increasing health consciousness among general population and growing awareness associated with health advantages of omega 3 fatty acid are considered as one of the prominent factors fostering the growth of fish oil industry over the forecast period.

Additionally, increasing need for hydrogenated vegetable oils and margarine coupled with varying food patterns among young population are expected to boost market demand for the market in the upcoming years. Globally, the fish oil market is predicted to grow at CAGR of 8.72% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

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Furthermore, increasing demand form protective coatings and lubricants market is anticipated to drive market growth over the forecast period. Numerous health benefits associated with consumption of fish oil due to presence of omega-3 fatty acids is expected to drive market expansion in the upcoming years.

Additionally, presence of icosapentaenoic acid and docosahexaenoic acid i.e. (DHA & EPA) that aids in limiting high blood pressure, cholesterol level, and reduces risk of coronary heart diseases such as strokes, thereby driving the growth of fish oil industry, in the recent years. Growing occurrence of heart related disorders based on changing food patterns and unhealthy diet among general population are anticipated boost demand of fish oil over the forecast period as well. Growing demand for fish oil for production of various cosmetic products and skin care products such as emollients and ointments is predicted to propel market growth in the near future.

Rise of the aquaculture sector coupled with technological advancement in farming sector, particularly in the developing economies such as China and India are expected to drive market expansion in the upcoming years. Additionally, factors such as favorable atmospheric conditions and abundant availability of farming land in the Asia Pacific region are driving market growth further. Growing demand for omega-3 supplements from functional food industry due to its numerous health benefits is estimated to fuel market demand for fish oil during the forecast period.

However, high cost of the fish oil and lack of availability in the market prices, thereby creating a huge demand &supply gap are anticipated to limit market growth over the coming years to a certain extent. Although, rising research & development activities along with technological advancement in aquaculture farming is projected to stimulate market growth during next seven years.

Aquaculture is considered as one of the fastest growing segment in the fish oil market with substantial revenue generation in the last couple of years. Growing popularity of the aquaculture market segment is attributed to the increasing of breeding and regular stocking to improve overall output production. Salmon & trout market, which is sub-segment of aquaculture, has also witnessed significant growth owing to the robust farming base of salmon fish in European countries such as Norway and Chile.

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The fish oil industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest techniques, increasing awareness of nutritional benefits of fish oil, and existence of well-established agriculture infrastructure. Asia-Pacific region is predicted to hold major market share in the fish oil market with massive growth in forecast period.

Countries such as China, India, Indonesia, Thailand, and Bangladesh are leading the Asia-Pacific market with rising health consciousness among general population, shifting trends awareness towards nutritional diet, growing aquaculture sector, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the fish oil industry are Croda Incorporations, COPEINCA ASA, EPAX AS, Omega Protein Co., GC Rieber Oils AS, Colpex International S.A.C., American Marine Ingredients LLC, Enzymotec Ltd., and Corpesca S.A.

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North America Cold Chain Market Anticipated To Touch USD 118.51 billion Till 2025

5 July 2019: North America Cold Chain Market is anticipated to reach USD 118.51 billion owing to the developments in packaging methods due to expansion of trade over the years. Cold chain is the system for maintaining and distributing perishable food items, vaccines and other biologicals in good condition. Most perishable foods, and vaccines which are also termed as Cool Cargo are sensitive to freeze & heat and hence, must be kept at the suitable temperature from the time they are manufactured until they are used. Cold chains hold a series of storage and transport links which are designed to keep these items within an acceptable range until it reaches the consumer.

North America cold chain industry is persistent due to the growing demand for goods with supply chains like fresh vegetables, dairy products, fruits and vegetables, etc. and rightly established cold supply chains. Moreover, the speedy growth in international trade of perishable food products, technological advancements in refrigerated transport and storage, infrastructure progress support by government and the rise in enlargement of food retail chains by multinational businesses are the major drivers of the market.

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Conversely, requirement of high energy and costly infrastructure are few growing concerns for the cold chain service providers. The high energy consumption cost has increased the operational cost for the market players. The increase in competition among market players and demand for cold storage has pressurized the players to expand their logistics facilities, which is not easy with rising infrastructure prices. Besides, environmental issues like greenhouse gas emissions are restraining the growth of the market.

One of the major trends emerging in North America cold chain market is the focus on energy-conservation practices. The market players in the segment are adopting several tools & strategies to be more energy conservative. The latest trend prevailing in the market is the use of CO2 cascade system. Here, two refrigerants are used in one refrigeration system where one refrigerant cools the other refrigerant. Studies have revealed that macro developments in North America like rise in population, increased food wastage, and rise in organized retail sector are stimulating the demand for cold chains for food preservation, thereby impacting the market in the near future.

North America cold chain industry is categorized on the basis of ingredient type, temperature type, application, and geography. By the ingredients type, the market is divided into colorants, enzymes, salts yeasts, and flavors and others. Further, yeast can be segmented as top-fermenting and bottom-fermenting.

On the basis of temperature type, North America cold chain market is classified into frozen and chilled segment. Frozen segment is expected to rise significantly in the forecast period owing to the increasing demand for the frozen items rather than the chilled items.

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In terms of application, North America cold chain industry is segmented as dairy & frozen desserts, bakery & confectionery products, fruits & vegetables, fish, meat, and seafood products, and others. Dairy & frozen desserts segment is predicted to hold larger share of the market due to economic growth and rapid urbanization. Geographically, North America cold chain market is segmented as United States and Canada. Globally, North America ranks second in terms of using the cold chain systems.

The prominent players in North America cold chain industry comprise Americold Logistics, LLC, AGRO Merchants Group, Henningsen Cold Storage Company, United States Cold Storage, Inc., Cloverleaf Cold Storage, Wabash National Corporation, Nordic Logistics and Warehousing, Burris Logistics Inc., LLC, Preferred Freezer Services, and Lineage Logistics Holdings LLC.

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Europe Meat Snacks Market Driving Factors and Manufacturing Base Forecast To 2025

4 July 2019: Europe Meat Snacks Market is predicted to reach USD 4.59 billion by 2025 owing to the growing awareness concerning healthy lifestyle along with rise in demand for healthier protein snacks. Meat snacks are made by marinating meat in a curing solution and drying it. The curing solution contains antimicrobial effects preventing the growth of harmful bacteria. Meat processed in this way offers a unique flavor and extends the shelf life of meat snacks.

The strong flavor of meat snacks is accredited to the concentrating effects of the moisture removal process. Meat snacks manufacturing process comprises initial meat preparation, preparing of curing solution, meat processing and curing, and quality checking & packaging.

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The demand for meat snacks in Europe is predicted to rise speedily since the Europe meat snacks industry is still in its growing stage. The emergence of Jack Link's jerky product has changed the landscape of Europe meat snacks market. Also the growing demand for Jerky has gained traction for major snack manufacturers in this region. The introduction of various product forms like handmade sausage crisps is projected to impact the market remarkably in the forecast period.

The supermarkets and hypermarkets are the favored distribution sources for manufacturers due to bulk buying. Speedy growth of e-commerce portals with home delivery services is estimated to outshine the existing distribution dynamics, thereby restricting the growth of hypermarkets and supermarkets.

The rise of European meat snack industry is primarily attributed to the increase in demand for animal protein, rising meat consumption and inclination towards convenience food. Nevertheless, the factors restraining the growth of the market are stringent regulatory compliances, volatile beef prices and change in consumer preferences. The Europe meat snack market is also facing new trends like increase in merger & acquisition, emergence of gourmet meat snacks brand, and rise in demand for beverages with unique flavors.

European meat processing sector is largely dependent on wide commercial retail chains, which leads an aggressive price competition forcing meat processors to reduce margins gradually. This occurs in spite of growing cost of fodder due to increase in raw materials. Despite everything, Europe is facing an upward trend in consumer spending on meat and meat products. Since the price hike affected the consumers’ demand, the meat processors were also forced to reduce margins significantly for stabilizing price increases in consumers’ part.

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European meat snacks industry is categorized on the basis of product, distribution channel, and region. Based on product, the market is divided into Jerky, Meat Sticks, Pickled Sausages, Ham Sausages, Pickled Poultry Meat, and others. On the basis of distribution channel, the market is divided into convenience stores, supermarkets &hypermarkets, grocery stores, restaurants, and others.

Regionally, European meat snack market is segmented as Germany, United Kingdom, France, Italy, Switzerland, Austria, Spain, Belgium & Luxembourg, Netherlands, Russia, Turkey, and Rest of Europe. Owing to New Product Development (NPD) and presence of major manufacturers, Germany is projected to dominate the market in the forecast period.

The prominent players in Europe meat snacks industry are Bell Group, Cremonini Group, IZICO, Jack Link's Europe GmbH, King Elite Snacks, Kepak Group, Danish Crown, Nutreco N.V., Windau, Kerry Group, MeatSnacks Group, CampoFrio Foods Group, Espuna, Citterio, and Winterbotham Darby.

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Lecithin Market To Set Healthy Growth Owing To Rising Demand From Pharmaceuticals, Food and Beverage and Cosmetic Industry Till 2025

18 June 2019: Global Lecithin Market is anticipated to reach USD 1.49 billion by 2025. From several commercial sources like soybeans, sunflowers, and egg yolk Lecithin is obtained. Lecithin finds applications in several verticals such as pharmaceuticals, food and beverage, and cosmetic industry. Lecithin is commonly used due to its exclusive features like smoothening textures of food, for softening powders, for homogenizing mixtures in liquid, to repel the sticky material, and also as a stabilizing and emulsifier agent.

The factors that propel the growth of the lecithin industry include use as a food additive in food industry, in the pharmaceutical industry for treatments associated with liver and cholesterol effects, neurological conditions, for cardiovascular disorders, and growing health consciousness among customers. On the other hand, there are factors that may hamper the growth of the market including increasing inclination towards organic food. Lecithin market is anticipated to grow at a significant CAGR of 6.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Lecithin industry may be explored by source, application, and geography. The market may be explored by source as Sunflower, Rapeseed, Soybean, and Others. The “Soybean” segment led the lecithin market in 2016 and is anticipated to maintain its dominance by 2025 owing to rising demand in industrial applications, such as inks, and paints, and therapeutic and functional benefits of soybean.

The key applications that could be explored in the lecithin industry include Bakery, Convenience Foods, Confectionary, Industrial, Animal Feed, Pharmaceuticals & Personal Care, and Others. The “Animal Feed” segment led the market in 2016 and is anticipated to maintain its dominance by 2025.

North America accounted for the major share of the lecithin market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include occurrence of a huge number of soybean fields in the Canada and U.S. North America is followed by Asia-Pacific and Europe region.

Some of the key players that fuel the growth of the lecithin industry comprise "Sodrugestvo" Group of Companies, Archer Daniels Midland Company, Cargill Incorporated, AMERICAN LECITHIN COMPANY, Thew Arnott Group, Swanson Health Products, Lipoid GmbH, NOW Foods, DuPont Lucas Meyer GMBH, and Bunge Limited. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Vanillin Market Key Company Overview, Shares and Strategy Framework Forecast 2025

The global Vanillin Market size is expected to value at USD 724.5 million by 2025. The market is subject to witness a substantial growth due to the rise in demand from food & beverage industry. Additionally, growing demand from various end-user industries such as food & beverage, cosmetics, and pharmaceuticals are expected to drive the growth of vanillin in upcoming years. Globally, the vanillin market is predicted to grow at CAGR of 7.0% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

Vanillin is commonly used as flavoring ingredient to enrich taste of cuisine or packaged food products. Application of the vanillin include bakery products, confectioneries, ice-cream, chocolates, and non-alcoholic beverages. Thus, increase in demand form packaged food industry due to its wide range application is predicted to fuel the growth of vanillin industry over the forecast period. Growing popularity of the market from pharmaceutical sector is attributed to ability of vanillin to mask undesirable taste of livestock fodder or medicines. Vanillin is also used as an intermediate for the manufacturing of agro-chemicals and drugs. Increase in demand from personal care industry and cosmetics industry from various parts of the globe is estimated to augment the growth of the market in upcoming years.

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Vanillin adds distinctive flavor and taste to the food products, leading to increasing demand from number of packaged food manufactures. Vanillin contains low calorie ingredients and essential antioxidants. Such advantages makes it suitable for its use in various bakery products and alcoholic & non-alcoholic beverages. Changing food patterns and increasing health awareness among young population is largely influencing market demand for vanillin, in the recent years.

Additionally, shifting focus towards organic food products and healthy life style is expected to fuel the growth of vanillin market in coming years. However, growing concerns regarding the workers safety and hazardous operational conditions during manufacturing activities are expected to hamper market growth, in near future. In addition, increase in the number of laws and regulation regarding excessive of vanillin and use of synthetic ingredients by various governmental bodies such as REACH, Code of Federal Regulations, and NIOSH are responsible for restraining market growth to certain extent.

Furthermore, labeling and packaging of vanillin are harmful to health of an individual working in close proximity with the product causing eye irritation, skin infections, acute toxicity, aquatic chronic disorders and acute aquatic toxicity, thus negatively affecting market growth. Yet, increasing demand from Asia Pacific and European owing to the presence of large-scale food & beverage industry and businesses are anticipated to fuel market growth during the forecast period.

Synthetic vanillin is one the fastest growing segment in vanillin industry with highest revenue generation in the last couple of years. Growing popularity of synthetic vanillin is attributed to the lower cost associated with synthetic vanillin in comparison with bio-based vanillin and increasing demand from Asia-Pacific region. Synthetic vanillin is derived from various types of petrochemicals, while bio-based vanillin is produced from real vanilla extract. However, rise in concerns for excessive use of synthetic vanillin in food products and its adverse effects on health condition are predicted to limit the market growth in the years to come.

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The vanillin market is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the growing health awareness, growing demand of packaged food, and existence of prominent industry players in the region. Asia-Pacific region is predicted to hold major market share in the vanillin industry with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with growing demand from the various end-user industries, changing food patterns, dietary preferences, rise in per capita income, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the vanillin industry are Apple Flavor & Fragrance Group Co., Camlin Fine Sciences Limited, De Monchy Aromatics Limited, International Flavors & Fragrances, Inc., Ennloys Enterprises, Evolva Holding S.A., Advanced Biotech Pvt. Ltd., Omega Ingredients Limited., and Comax Flavors.

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Omega 3 Supplements Market 2019-2025: Global Industry Analysis by Size, Shares, Scope and Top Companies

Global Omega 3 Supplements Market is anticipated to reach USD 57.07 billion by 2025 owing to the growing application along with increasing demand from the infant formula. Omega 3 supplements (also known as ω-3 fatty acids or n-3 fatty acids) are combination of polyunsaturated fatty acids that are important for multiple functions in human body. Few types of omega 3 supplements are found in food products like shellfish and fatty fish, others are observed in vegetable oils and rest are found in dietary supplements.

Omega 3 supplements are also linked to healthy aging throughout life. Recently researched, EPA and DHA (eicosapentaenoic acid and docosahexaenoic acid) are being associated with fetal development, Alzheimer’s disease, and cardiovascular function. Human body is unable to produce omega 3 supplements from the marine sources and therefore it becomes necessary to obtain high amount of protein through fish-oil and fish products. EPA and DHA are not only essential for the fetal development but also necessary for neuronal, immune and retinal function.

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Rising environmental pollutants that are affecting the marine life are the reason for the increased production cost of products. Some market players are opting to substitutes like plant-based and krill-based by including krill oil, fish oil, etc. to control product costs. These products possess medical benefits like improving heart health, lowering the blood pressure and reducing triglycerides, which are also likely to boost the demand for krill oil.

The growing demand from end-users and the rise in awareness among consumers concerning healthy eating and health benefits of omega 3 supplements are the major drivers of omega 3 supplement industry. However, the strict regulations and high cost are projected to hinder the market in the forecast period.

Additionally, Asia Pacific are estimated to register considerable growth in comparison to saturated markets of North America and Europe. Omega- 3 supplements market is also expected to reduce due to low cost of vegetative sources like vegetable oils, soya products and nuts & seeds. The production from these vegetative sources is currently on the rise form the global economies.

Several factors like government efforts to educate consumers and offer superior healthcare services and urbanization are projected to fuel the use of omega 3 supplement products. Additionally, growing consumer willingness to spend on the omega-3 supplement products are estimated to display a positive outlook on the omega 3 supplement market. The rising opportunities from the sports nutrition market owing to growing preference for leading an active lifestyle along with rising awareness for about omega 3 benefits are projected to play major role in the growth of omega 3 supplements industry.

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Omega 3 supplement market is categorized on the basis of product type, source, application and geography. On the basis of product type, the market is divided into DHA (docosahexaenoic acid), EPA (eicosapentaenoic acid), and ALA (alpha-linolenic acid). DHA is predicted to dominate the omega 3 supplements industry followed by ALA and EPA. In terms of source, the market is segmented as nuts & seeds, marine, vegetable oils, and soya products. On the basis of application, omega 3 supplements is divided into pharmaceuticals, dietary supplements, food & beverages, infant formulas, pet food and fish feed.

Geographically, omega 3 supplements market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to hold larger share of the market in the forecast period. The key omega 3 supplements industry players profiled here comprise Omega Protein Corporation, Royal DSM, FMC Corporation, Croda International Plc, Cargill Incorporated, OLVEA Fish Oils, GC Rieber Oils, Polaris, LuhuaBiomarine (Shandong) Co., Ltd., and Pharma Marine AS.

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Canned Seafood Market Key Players: Bumble Bee Seafoods, merican Tuna, Inc., Wild Planet Foods, Icicle Seafoods Inc., Connors Bros. Ltd. by 2025

Global Canned Seafood Market is anticipated to reach USD 27.8 billion by 2025. Preventing food from spoilage by storing it in jars or containers and heating it to a temperature that destroys micro-organisms causing it to spoil is termed as canning. It is considered as a key and safe method for preserving food, and it retains fat, protein, and carbohydrate constituents.

The essential nutrients added during canning process including vitamin D and A lead to the improvement of metabolism, and vitamin B12 improves eyesight. Canned sea food helps in lowering the risk of depression and raising the bone strength owing to its calcium content. Also, it possesses low cholesterol, high protein, and low-fat content in it. Boosting the immunity power is also one of the major health benefits offered by the product.

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The factors that propel the growth of the canned seafood industry include rapid urbanization & industrialization, increasing demand, and product development & technological innovations, rise in the purchasing power of the consumers coupled with the change in eating patterns. Also, rising busy schedule of the consumers has raised the inclination towards the canned food such as ready-to-eat meals.

On the other hand, there are also factors that may hamper the market growth such asharmful effects of canned seafood consumption. Several canned seafoods have excess amounts of sugar and salt that are used as preservatives. In addition, the antioxidants present in food are destroyed during the heating process in canning. Moreover, high presence of BPA in cans is themain factor hindering the market growth. This chemical can lead to birth disorders, infertility, heart diseases, cancerous tumors, etc. Canned seafood market is anticipated to grow at a significant CAGR of 3.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Canned seafood industry may be explored by product, distribution channel, and geography. The market may be explored by product as Sardines, Tuna, Salmon, Other fish, Shrimps, Prawns, and Other seafood. The “Canned Tuna” segment dominated the canned seafood market in 2016 and is anticipated to maintain its dominance by 2025, owing to Tuna that is a rich source of lean proteins, and it also containsthe other nutrients such as omega 3 fatty acid, which results in the improvement of personal health.

Canned seafood industry may be explored by distribution channels as retailers and independent dealers, online stores, supermarkets, and others. The “Retailers and Independent dealers” segment dominated the market in the forecast period owing to ease of availability of these products in food marts and supermarket.

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Asia-Pacific accounted for the major share of the canned seafood market size in 2016 and will continue to lead in the forecast period; wherein China is a key contributor in this region tracked by India. The major factors that can attribute to the growth of Asia Pacific include ever increasing population, rapid urbanization, growth in working population, rise in disposable income, and changing eating patterns.

Some of the key players that fuel the development of the canned seafood industry comprise Bumble Bee Seafoods, merican Tuna, Inc., Wild Planet Foods, Icicle Seafoods Inc., Connors Bros. Ltd., LDH (La Doria) Ltd, Nippon Suisan Kaisha, Ltd, Princes Group, Maruha Nichiro Corporation, StarKist Co., Tri Marine Group, Trident Seafoods Corporation, Thai Union Frozen Products, Universal Canning, Inc., Sajo Industries, Dong Won Fisheries, and Mogster Group. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Meat, Poultry and Seafood Market Product Estimates & Trend Analysis Forecast 2025

The global Meat, Poultry & Seafood Market is estimated to touch US$ 7.3 trillion by the year 2025. The Meat, Poultry, & Seafood market was appreciated at US$ 4.2 trillion in 2016. Increasing populace consequences in augmented demand for consumer goods. It is expected finally to pay in the direction of improving the source of meat, poultry & seafood products. The increasing alertness of customers and inclinations for greater class qualities of meat is likely to direct the business of meat. The Meat, Poultry & Seafood industry is estimated to develop at a substantial CAGR for the duration of the prediction.

The Meat, Poultry & Seafood market on the source of Type of Product could span Seafood, Meat, and Poultry. The subdivision of Seafood is likely to appear such as the speedily increasing subdivision of product. It will be responsible for 39.4% of market stake in the year 2025 by means of capacity due to turn into some of the desired choice in food intake due to its nourishing standards, easy obtainability and augmented alertness in community. Growing alertness between a number of age crowds of inhabitants throughout the world particularly in Asia Pacific is likely to navigate demand for first-class and high-value fish above the following eight years.

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The Meat, Poultry & Seafood industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage of Meat, Poultry & Seafood in these areas, for the duration of the prediction period could span North America [U.S.], Europe [Germany], Asia Pacific [India, China], Central & South America [CSA], and Middle East & Africa [MEA].

By the source of geography, the Asia Pacific was responsible for a stake of 75.2% by way of the entire capacity in 2016. It is likely to observe speedy development by an important CAGR above the period of prediction. This area is mainly categorized by the growing per head earnings and the growing demand for salmon and additional seafood products besides to the meat, poultry & seafood.

The nations like Indonesia, Philippines, Thailand, China and India, have observed speedy development by means of industrialized and trade actions. Growth in standard of living together with growing inhabitants have directed the market demand for meat in the province. Customers are altering their inclinations of nourishment in the direction of natural meat, poultry & seafood merchandises, owing to growing alertness concerning way of life and fitness.

By means of region, China is the biggest, together by means of wild fastening and cultivated fish. Emerging nations constitute roughly 85% of stake of seafood making and 50% stake of global transfers. The U.S., Norway, Vietnam, and Thailand are amongst the highest exporters. The European nations, for example Spain, Germany, France, UK, Russia, and France ruled the meat, poultry & seafood market in Europe. The demand in the province is likely to increase due to the new-fangled products presented and growing consciousness of hale and hearty merchandises. Fluctuating consumer nourishment inclinations in nations for instance Belgium, The Netherlands, and Luxembourg is likely to direct demand for meat and meat products.

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Most important customers of meat in Germany fit into millennial crowds. The increasing consumer subdivision of millennials and increase in consciousness for protein supplemented nourishment between its peoples is expected to motivate the demand for meat in the nation above the following eight years. The increasing alertness in the direction of new-fangled and inventive item for consumption formulas, together with growing spiced merchandises is expected to navigate the demand for meat, poultry & seafood.

The statement revises Trades in terms of intake of Meat, Poultry & Seafood in the market; particularly in North America, Europe, Asia Pacific, Central & South America [CSA], Middle East & Africa[MEA]. It concentrates on the topmost companies operating in these regions. Due to its important market progression forecasts, the business of meat, poultry, and seafood is likely to observe considerable competitiveness above the period of prediction. Some of the important companies operating in the field of Meat, Poultry & Seafood on the global basis are Baiada Pty Ltd., Beijing Aosiyun Meat Foodstuff, J.M. Smucker, Sanderson Farms, Cargill, Sanderson Farms.

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Breakfast Cereal Market Type, Outlook, Capacity and Shares Forecast To 2025

Global Breakfast Cereal Market is anticipated to generate higher revenue in the forecast period. The market is anticipated to grow at a higher rate in the years to come. Shifting breakfast habits and demographics across the developing countries have been acting as the foremost development drivers for global demand of the market. The growing inclination toward western dietary forms has additional led to the development of Breakfast Cereals industry off late.

The extensive variety of substitute breakfast items pertainingto every region and low-cost breakfast choices may produce hindrances for the development of the Breakfast Cereal. The breakfast cereals market has a chance to rise at a substantial rate owing to the constant invention in the flavors and presence organic ingredients in breakfast cereals and it is anticipated to grow at a significant CAGR of 4.3% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Breakfast Cereal industry may be explored by type, distribution channel, and geography. The market may be explored by product type as (RTE) Ready to Eat, Hot Cereal. Ready-to-Eat (RTE) segment is estimated to account for the highest growing segment in the forecast period. The segment is estimated to continue its topmost position, accounting at the CAGR of 68.0% of the total revenue share during the years to come. The segment mainly comprises cookies & biscuits, bars, cornflakes and others. Increasing demand for on-the-go meal options is propelling the consumption breakfast cereal bars as well as biscuits. Furthermore, growing consciousness concerning fast, easy and cost-effective meal options accessible by RTE cereal group is improving the overall market.

Breakfast cereal market may be explored by Distribution Channel as Convenience stores, Supermarket, E-commerce, and others. The supermarket segment dominated the segment distribution channel in the breakfast cereal industry in 2016. And it is anticipated to maintenance its dominance till 2025. The sharp rise of supermarkets worldwide in the years to come. Primarily, their occurrence was focused in established countries of North America and Europe, but now they have extended their occurrence across Asia Pacific and the Middle East and Africa.

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North America accounted for the major share of the global breakfast cereal market size analysis in 2016 and will continue to rule the roost in the forecast period. This inclination is anticipated to stayin the upcoming period due to the rising health concerns and growing health problems such as obesity, diabetes, and digestive disorders. Furthermore, packaging & product innovations coupled with high acceptance amount of new products in economies in the region are projected to play a vital part in growing the demand for the product over the upcoming period. Some of the key players that fuel the growth of the breakfast cereal industry include B&G Foods Inc.; Bagrrys India Ltd.; Marico Limited; Pepsico, Inc., Kellogg Company; Nestlé S.A.; and General Mills, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Breakfast Cereal Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • India
        • Australia
    • Central & South America
        • Brazil
    • Middle East & Africa

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Citric Acid Market Revenue, Shares, Key Region and Growth Prospect Forecast 2025

28 February 2019: Global Citric Acid Market is expected to reach USD 3.83 billion at a significant CAGR of 4.9% by 2025 as the scope and its applications are rising enormously across the globe. Citric acid is also termed as anhydrous citric acid or citrate or 2-hydroxypropane-1,2,3-tricarboxylic acid, with a molecular formula C6H8O7. These are odorless, colorless & translucent crystals with an acid taste and are denser than water. Its molecular weight is 192.123 g/mol. It is an organic acid compound found in citrus fruits and plays important role in metabolism to create energy.

It has a calcium chelating ability and is exclusively used as anticoagulants. It is soluble in ether and very soluble in water, whereas freely soluble in ethanol. It is usually found in fruits like oranges, lemons, pineapples, limes, and grapefruit. More commonly added to various foods and beverages for flavor or as a preservative. It is also known by sour salt or lemon salt.

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Citric acid reduces the hardness of water and helps in the foam formation, rising use for descaling of mineral deposits, and exclusively used to remove dirt spots and grime from the surfaces and fabrics, are documented as major factors of Citric Acid Market that are estimated to enhance the growth in the years to come. Rising popularity of organic food additives and is biodegradable, non-corrosive, and non-toxic in nature are the other factors that boost overall market growth in the coming years.

Citric Acid Market is segmented based on types, form, application, and region. Food grade citric acid, citric acid solvents, and pharmaceutical citric acid are the main types that could be explored in Citric Acid in the future period.

Powder citric acid and liquid citric acid are the major forms that could be explored in Citric Acid in the forecast period. In 2016, powder sector accounted for the largest market share of 63.3% in terms of revenue. However, liquid segment is estimated to grow at highest CAGR in the foremost period. This may be because of its beneficial properties in a food and dairy products. Moreover, it is exclusively used in oil industry as an oil control additive for maintaining the pH and chelating acidizing fluids.

The market may be categorized based on applications like food & beverages, pharmaceutical, and others. In 2016, food & beverage sector lead the overall market with the largest share of 57.9% in terms of volume. Also, the sector is estimated to grow at highest CAGR between 2017 to 2025. The reason behind the growth could be high demand for dietary supplements and ice creams, exclusively used to form salt derivatives of metals and minerals in pharmaceuticals, and highly used to control the pH value in medicines. However, other segment includes textiles, detergents & cleansers, animal feed, and cosmetics.

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Globally, North America accounts for the largest market share of Citric Acid and is estimated to lead the overall market in the coming years. In North America approx. 65 to 70, million people suffer from digestive system problems stated by WHO. Inversely, this led to high demand for digestive citric acid-based pharmaceuticals and food & beverages in the region. German Nutrition Society (DGE) stated that, rising awareness amongst European consumers regarding citric acid for maintaining health. In 2016, this is increased to 49% from 44% in 2015. Moreover, the people consuming citric acid-based yogurt to maintain digestive health has been raised.

However, in Middle East, growing awareness regarding citric acid-based food and beverages and pharmaceuticals is compelling the market growth in the region. This may be because of rising number of major manufacturers in the region to increase their impression. Moreover, Asia Pacific is estimated to grow at fastest pace in the future period. Also, estimated to grow at highest CAGR in the coming years. The aspects that may be ascribed to the growth comprise occurrence of lifestyle diseases like gut-health related issues, cardiovascular disease, and mental health problems and growing geriatric population.

The key players of Citric Acid Industry are Danisco A/S, Kenko Corporation, Tate & Lyle plc, and Archer Daniels Midland (ADM) Company. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Food Authenticity Market Revenue, Growth Opportunities and Consumption Till 2025

5 February 2019: Food authenticity is a commercial term against food frauds. Food fraud takes place when a food is knowingly placed on the market for financial gain with a purpose to hoax consumers. There are many types of possible food frauds. The food and standard agency (FSA) defines food fraud in two types; the sale of food is utterly harmful and unfit to consume and the other being wilful improper description of food. Therefore, a legit framework exists in enhancing the sharing and analysis to eliminate or minimize the fraud and informing industry’s own activity to assure an enhanced supply chain for food. On the basis of target testing, the global Food Authenticity Market is segmented into meat speciation, country of origin & aging, adulteration & false labelling.

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Food and drink producers depend of supply chains to help consumers affirm of choice, consistency, and quality of products, affordability and continuity of supply. A supply chain despite of its complexity need to be managed adequately on risks. One of the major risk for supply chain to sustain is population increase and rising demand from limited resources and constantly changing diets. Thus, commercial food companies also need to remain alert to the potential for food fraud and work supportively with customers and suppliers to minimize the risks of food fraud.

Developing countries are much vulnerable to food frauds owing to constantly changing dynamics in public and private sector, thus authenticity is a vital component of food in terms of quality components. Authenticity enables certainty and certification for every individual product so that it possesses a set of legal features to prevent every type of deception in the market. Owing to diversity of authentication criteria and a high number of products, food authentication includes a series of methods and techniques of general or specific investigation.

Commercially, food safety or food authentication can only be reached by the growth of quality and food services under surveillance via the entire food chain which forms as an indispensable instrument to achieve the food traceability. Overall, with the rise in food frauds and food deception in the market on a global scale, the global food authentication market is anticipated to grow at a higher CAGR during the forecast period.

The key driving factors responsible for the growth of food authenticity market includes growth in economically motivated adulterations owing to high competition and rise in incidences of food frauds. In a highly competitive, food frauds due to economically motivated adulterations are increasing.

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On the basis of technology, the global food authenticity market is segmented into PCR-based, LC-MS/MS, isotope. PCR based segment is anticipated to grow at a higher CAGR during the forecast period owing to reliability and wide use. On the basis of food testing, the global food authenticity market is segmented into meat speciation, dairy and processed foods.

On the basis of geographic segmentation, the global food authenticity market spans North America, Europe, Asia-Pacific Middle-East and Africa. APAC market is projected to be fastest growing market owing to growth in food safety among consumers. The market is growing at a higher CAGR owing to rise in stringent food regulations across regions. North America dominates the global market due to stringent food regulations existing across US countries.

The key players in the global food authenticity market include SGS SA, Intertek Group Plc, Eurofins Scientific, ALS Limited, LGC Science Group Ltd, Merieux Nutrisciences Corportaion, Microbac Corporation Inc, EMSL Analytical Inc, Romer Labs Diagnostics GmbH, Genetic ID, Inc.

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Food Fortifying Market Research Till 2025: Global Industry Analysis by Key Players and Applications

5 February 2019: The Food Fortifying Market is expected to grow globally at a phenomenal CAGR over the forecast period. It is a vertical market catering to various downstream industries – food, beverages, and pharmaceuticals. Key drivers for this market are growing awareness about the health benefits of fortified foods, rising incidence of chronic diseases like cancer, diabetes, blood pressure, Alzheimer’s, vitamin deficiency diseases like osteoporosis and rickets, focus on preventive healthcare, increased demand for fortified food, and dietary supplements diversifying into different markets. As a result of the growing applications of fortifying agents, government aids and initiatives, and demand in developing nations, this market is projected to have a linear growth in foreseeable future.

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The global rise in geriatric population is also driving this market exponentially. On the other hand, steep costs of fortified foods; compared to non-fortified foods, high R&D costs for dietary supplements, high costs of raw materials, and marketing strategies like multi-page labelling are restraining market growth. Market ecosystem is comprised of raw material suppliers, regulatory authorities, distributors, and the end user industries. It is a fragmented market as local players also compete with the established giants on a regional level. The different downstream industry verticals are spurring market growth.

Fortified foods are foods having additional minerals and vitamins, irrespective of whether nutritional value is lost during processing. They have gradually replaced supplement pills that were prevalent previously. Bio-fortification increases the nutrient value of crops. Synthetic biology is another method of food fortification that implies adding probiotic bacteria to foods. Common cooking foods like rice, oil, and flour are fortified on a commercial level, while vitamin D drops can be used on a domestic level.

The food fortifying market is segmented on the basis of application, type and the geographical region. The segments based on application are beverages, fats & oils, dairy & dairy-based products, cereals & cereal-based products, dietary supplements, infant formula (contains fortified calcium & phosphorus), bulk food items, confectionary and bakery products, animal feed, pet food, and tea. The segments based on type of fortifying agents are carbohydrates, proteins & amino acids, lipids, vitamins, minerals, prebiotics, probiotics, and others. The geographical regions for the food fortifying market are Asia Pacific, Europe, North America, and Rest of the World (RoW).

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Bulk food items like rice, whole grain, and flour have so far dominated the market, followed by fats & oils. This can be attributed to their consumption on a larger amount. Dietary supplements segment is projected to reach the high-water mark in terms of CAGR in the forecast period. Prebiotics and probiotics are expected to be in great demand in the foreseeable future. Meanwhile, minerals like iron salts, and vitamins like Vitamin B complex and Vitamin C have the largest market share in terms of volume and value respectively.

This is due to the clinically evinced benefits of their assistance in overall health improvement. North America has so far led the market, with US on the forefront. This can be attributed to the greater spending capacity of consumer base and the prevalence of latest products. Asia-Pacific region is expected to grow exponentially over the forecast period due to rising awareness about health benefits of fortified foods, and prevalence of chronic diseases as well as diseases caused by vitamin & mineral deficiencies.

Key players in the food fortifying market are Ingredion, Tate & Layle, Royal DSM, CHR HAnsing Holdings AS, BASF SE, Cargill Inc, Arla Foods, Nestle SA, Archer Daniels Midland Company, EI Du Pont De Nemours and Company, The Procter & Gamble Company, General Mills Inc, Phillip Morris Companies, HJ Heinz Company, Land O’ Lake, Kellogg Company, Hain Food Group.

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Dairy Ingredients Market Expected To Reach USD 86.97 billion Forecast by 2024: Analysis and Overview

27 December 2018: The Global Dairy Ingredients Market size was estimated at 13.7 million tons in 2015 and is expected to reach USD 86.97 billion by 2024. Factors such as population starting to age, increased health issues, better awareness about the benefits of food products rich in nutrition, better production and sluggish lifestyle are expected to benefit the overall market.

A shift in food habits, from customary food to nutritional food has been observed. The industry is extremely competitive with a huge number of companies trying to capture the market. It comprises of few leading global companies and numerous minor regional companies. The increased awareness about the health benefits of the food items rich in nutrition is expected to have positive impact on the market.

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The major dairy ingredient sources are milk and whey. These ingredients have various applications which include convenience foods, bakery, sports and clinical nutrition, confectionary, dairy products, infant milk formula, and other food products like beverages, non-dairy creamers, meat, etc. On the basis of type, the dairy ingredient is segmented into lactose, milk powder, casein & caseinates, MPC & MPI and whey ingredients.

The global market for dairy ingredients is anticipated to have a strong growth rate in the forecast period. It is sustained by the increased global awareness among the consumers about the benefits of a healthy and nutritious diet. Market dominator in the dairy ingredients industry is Asia-Pacific at this time. It is followed by Europe and North America. As the income levels and the disposable incomes in the Asia-pacific region is growing, it is projected to witness the highest growth in the forecast period among all the regions worldwide.

The increased demand for healthy food along with infant rich population in the region drives the growth and projects it to be the dominator. However, Japan will witness a relatively lower growth rate as compared to the rest of Asia-pacific region. Additionally, the U.S., India and China is expected to show an increased demand for the healthy and nutritional food in the forecast period on account of an increased and better production of dairy products and food.

Over the past few years, milk powder has been the key product in the dairy ingredient industry. Milk protein isolates and milk protein concentrates are expected to experience similar demand in the coming years owing to its high usage in the sports activities which is increasing on a high pace globally. Whey protein is also expected to experience increased demand in the future. It comprises of glutamine which is highly beneficial in replenishing the muscles and inhibits the decline in the immune function which can occur from increased physical activity. Consumers are becoming increasingly active and health conscious. Whey protein helps to increase the muscles and stimulates growth.

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Skim Milk Powder (SMP) is gaining popularity in the market. The United States and The European Union are the major SMP producers worldwide. They produce above half of the world’s supply of SMP. In 2013, the U.S. had the foremost share signifying 28% of exports. Whereas, the E.U. exhibited around 21% of the total exports in the same year.

Industry participants are investing in R&D and new production sites to come up with innovative production techniques to cater to the existing hindrances in the market. Major industry participants include Euroserum (France), Dairy Farmers of America (U.S.), Murray Goulburn Co-Operative Co. Limited (Australia), Saputo Inc. (Canada), Arla Foods. (Denmark), Volac International Limited (U.K.), Fonterra Co-Operative Group (New Zealand), Groupe Lactalis (Germany), FrieslandCampina (The Netherlands) and Glanbia Plc. (Ireland). These companies provide a holistic view to the competitive scenario of the dairy ingredients market.

The major participants in the industry have been adopting different competitive strategies to cater to the needs of the consumers and emerging markets, increase production capacities and maintain their market share. These strategies consist of new product launches, strategic expansions, investments, collaborations, joint ventures, acquisitions and partnerships. The dominant players in the industry concentrate on increasing their sales and market presence rather than introducing new products and technologies across the globe. For new investment prospects, companies considered the high-growth regions, for instance, Latin America and Asia-pacific. These strategies facilitated the increase of their large partner and consumer base.

The global dairy ingredient market is majorly concentrated market dominated by share. The consumption pattern of the industry fluctuates with different geographies according on the income levels. The significant success factor of the industry is the sourcing of milk. Product differentiation and customer service adds value and boosts the growth of the industry.

In terms of revenue, the market is dominated by whey ingredients and in terms of shipment units, it is dominated by lactose. The product prices are highly volatile in nature on account of the unpredictable climatic conditions and inconsistent milk supply. This poses a serious threat to the industry. Canola, soy and rapeseed are the plant proteins which are the major substitutes to the dairy products and cause threat. High concentrate ingredients such as whey proteins, milk protein isolates are majorly found in developed countries like the U.S., Germany, and France. While, the low concentrate ingredients are more prevalent in the developing countries.

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Pet Food Market Analysis, Product Scope, Size and Business Overview Forecast Till 2022

Global Pet Food Market is anticipated to reach USD 98.81 billion by 2022. The market is anticipated to grow at a healthy rate in the years to come. The factors that propel the growth of the market include rapid urbanization & industrialization, increasing demand, increasing trend of nuclear families, improved consciousness about pet health, and fast humanization of pets, product development & technological innovations.

In addition, factors such as changing standard of living, rise in disposable income, increase in number of pet owners, and growing pet humanization significantly fuel the market growth. On the other hand, there are factors that may hamper the growth of the market such as growing obesity in pets and increasing pet allergies. The Pet Food Market is anticipated to grow at a significant CAGR of 4.3% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market may be explored by food product, applications, sale channel, and geography. Pet Food Market may be explored by food product as Wet/Canned Food, Dry Food, Snacks/treats, Nutritious Food, and Others. The “Dry products” segment dominated the Pet Food Market in 2014 and anticipated to maintain its dominance by 2022. Dry food products are mostly targeted for young animals due to their high nutritive value. These products are accessible in an extensive price range, standard, standard premium, super premium, and economy. Important factors driving demand for dry products comprise lower generation of waste, longer storage, and handling convenience.

Pet Food Market may be explored by application as Cats, Dogs, and Others. The “Dog” segment dominated the application of the Pet Food Market in 2014 and is anticipated to maintain its dominance by 2022. Dogs are the friendliest animals kept as pets across the globe. Accessibility of dog food for various types is expected to have an optimistic influence on industry development over the forecast period.

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The market may be explored by sale channel as Hypermarkets, Specialized Pet Shops, Internet Sales, and Others (Grocery Stores, Non-grocery Stores). Asia-Pacific accounted for the major share of the market in 2014 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing urbanization across the developing economies that has resulted in larger adoption of several animals as companions will boost the Pet Food Market growth in the years to come.

Some of the key players that fuel the growth of the Pet Food Market comprise Gitwako Farms (I) Pvt. Ltd., Avanti Overseas Pvt. Ltd., Agro Food Industries Pvt. Ltd., Frigorifico Allana Pvt. Ltd., Doggie Dabbas, Cuddleup Diet Products Pvt. Ltd., Bharat International Pet Foods Pvt. Ltd., Mars International India Pvt. Ltd., Venky's (India) Ltd, and Khanal Foods Pvt. Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Seed Treatment Market Emerging Countries, Size by Value and Dynamics Forecast To 2020

02 November 2018: Global Seed Treatment Market is anticipated to reach USD 5.61 billion by 2020. It is anticipated to grow at a healthy rate in the years to come. Seed treatment is a procedure of applying physical, chemical, and biological agents during plantation to enhance the health of crop. It also supports in the formation of healthy crops. The technique is mainly used to improve germination, controlling soil insects, prevent spread of plant diseases, and provides protection from storage insects. It helps to exercise control over seed and soil-borne diseases and infection.

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The seed treatment has come across as a profitable crop safety solution as compared to conventional spraying as it requires less labor and is more efficient. Growing necessity of food because of rapidly growing worldwide populace has driven the market development in the years to come. On the other hand, factors that hamper the seed treatment industry include strict government regulations, existing ban on neonicotinoids, and lower margins of key industrial crops. There are various other factors hindering the growth of market such as lower margins of key industrial crops, government regulations, and existing ban on neonicotinoids. The market is anticipated to grow at a significant CAGR of 9.6% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Seed treatment market may be explored by type, crop, and geography. Seed treatment industry may be explored by type as Insecticides, Nonchemical, Fungicides, and the other chemical treatment. Insecticides dominated the market; accounting for 52.6% of the total revenue in 2013. Seed treatment market may be explored by crop type as Soybean, Corn/Maize, Wheat, Cotton, Canola, and Other. “Corn/Maize” segment is anticipated to dominate the seed treatment industry in 2014, due to growing demand for corn production for biofuels. “Corn/Maize” segment is followed by Soybean due to rising demand for biofuels on the heels of energy conservation.

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North America accounted for the major share of the Seed Treatment Market Size Analysis in 2014 and will continue to lead in the forecast period due to factors such as increasing demand from the agriculture industry, growing demand for organic food products will upsurge the North American region and is followed by the Europe and Asia-Pacific region due to increasing awareness among people.

Some of the key players that fuel the growth of the seed treatment industry include BASF; Bayer; Monsanto; Germains Seed Technology; Syngenta; CropScience; DuPont; Chemtura; Nufarm; Plant Health Care; Becker Underwood; Wolf Trax Incorporation; Sumitomo Chemical Company Limited; Valent U.S.A. Corporation; Morflora; Novozymes A/S; Incotec Group BV; Ceres Inc.; Advanced Biological Marketing; Cibus Global; ASTEC Global; BrettYoung Limited; and Precision Laboratories Incorporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Rice Protein Market Segmentation, Analysis, Applications and Forecast Till 2025

Industry Insights

02 November 2018: The Global Rice Protein Market size was estimated over 11 kilo tons in 2015. Rice protein is an important type of a plant protein and is derived from brown and white rice varieties. The unique amino acid profile of these additives is driving their application in end-use industries such as pharmaceuticals and cosmetics.

Rice protein finds its application in the manufacturing of functional foods, dietary supplements, energy bars, and sports & energy drinks, owing to which the demand is expected to grow rapidly over the forecast period. The absence of artificial sweeteners and chemical additives has led to manufacturers preferring rice protein over soy and whey.

Product Insights

On the basis of protein content and processes, rice protein products are segmented into isolates and concentrates. In 2015, isolates dominated and accounted the majority of the market, in terms of value and volume in product segment. Isolates separate proteins from the foods, resulting in the low amount of fat, fiber, and carbohydrate intake in the final product.

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The demand for concentrates is expected to grow rapidly as they are cheaper and possess the ability to replace similar products. Concentrates are proven nutritious and healthier than whey due to which consumers have adopted concentrates over whey. The growing demand for sports nutrition products is expected to further augment demand for concentrates over the forecast period.

Application Insights

Major applications of rice protein include pharmaceuticals, cosmetics, food & beverages, and animal feed. In 2015, food & beverages application segment dominated the market by accounting over 50% of the global volume. Growing demand for products such as supplements, dairy alternatives, and sports drinks is anticipated to act as a major driver.

Growing awareness regarding benefits of plant-based medicines is likely to act as a major driver for growing demand in pharmaceuticals. The rising health awareness regarding nutrition-related deficiencies is expected to boost the demand for rice protein in pharmaceutical manufacturing.

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Regional Insights

North America accounted for over 47% of global market owing to high demand from food & beverage industry. The presence of a large number of manufacturers coupled with the high adoption rate of new products is expected to boost market growth.

Asia Pacific is expected to be the fastest growing region due to growing disposable incomes in emerging economies of China and India. Increasing awareness regarding healthy lifestyles coupled with growing demand for protein-based nutritional foods is likely to fuel market growth over the forecast period.

Competitive Insights

The key players in the market are Nutrition Resource Inc., Axiom Foods Inc., AIDP Inc., and RiceBran Technologies. The product nature of rice protein is responsible for the industry is highly concentrated and highly competitive.

The key players have adopted inorganic development strategies such as partnerships and agreements with distributors and suppliers to increase market share. Plandai Biotechnology has entered into an agreement with AIDP Inc. to sell their products in developed markets of U.S. and Europe.

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Protein Ingredients Market Key Region, Drivers, Product Scope and Trends Forecast To 2025

02 November 2018: Global Protein Ingredients Market size is expected to reach USD 48.77 billion by 2025. Protein is a macronutrient which is essential to building blocks of the human body. It is generally found in animal product and present in the other sources such as legumes and nuts. Seafood, meat, poultry, beans, grains and dairy products are the good sources of protein. The increasing awareness amongst the consumers, especially for dietary saupplements and functional foods is a main factor drive the growth of market in the coming years. The market is expected to register a CAGR of 7.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

There are two types of protein-based products are available such as animal proteins and plant proteins. The animal proteins consist of egg protein, whey protein concentrates, milk protein concentrates/ isolates, whey protein hydrolysates, gelatin, whey protein isolates, casein/ caseinates and others whereas the plant protein including wheat, soy protein concentrates, textured soy protein, soy protein isolates, pea, canola and others. The “soy protein concentrates” are the high consumed form of plant proteins ingredients and is projected to grow at the higher CAGR in the upcoming period due to it easily digestible and having greater fat retention capacity and higher nutritional level. Also, the soy concentrates are increasingly used in breakfast cereals, baked products, meat products and poultry products.

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Protein ingredients could be explored by application such as infant formulations, foods & beverages, personal care & cosmetics, animal feed, protein & nutritional bars, supplements & nutritional powders, pharmaceuticals, breakfast cereals, bakery & confectionery, dairy products, meat & meat products and others. The “food & beverage” industry is expected to hold the large market share in the years to come owing to the growing population, changing lifestyle of consumers and rising number of cafes & restaurants especially in the emerging countries of India and China.

The factors that play an important role in the growth of this market include increasing demand, growing population, increasing urbanization & industrialization, growing consumer inclination towards healthy food, rising concerns about animal nutrition & health, increasing demand for superior personal & health care products, increasing health consciousness among consumers and increasing demand for processed foods & energy drinks. Moreover, rapidly growing food & beverages industry in Asia Pacific countries including India, Malaysia, China & Indonesia and growing domestic demand for foods & beverages in emerging countries of BRICS are expected to boost the market growth in the upcoming period. In addition, the growing demand for soy proteins for food applications such as snacks, dairy products and sports nutrition will positively contribute to the growth of the protein ingredients market in the next couple of years.

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However, fluctuating prices of protein-based products is negatively impacting the growth of protein ingredients industry. The market is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate and others. The market is categorized based on product type, form, application and geography. The market is classified into form such as isolate, concentrate and others.

North America is expected to hold the large market share in the upcoming period due to increasing consumption of energy bars, snacks & cold cereals, growing demand for high nutritional products, increasing disposable income, new product development, increasing the number of health conscious population and growing food & beverage industry. Asia Pacific is projected to grow at the higher CAGR in the years to come owing to growing exports and domestic demand. The growth of cosmetics & healthcare industries in India, Japan, South Korea and China, coupled with the low manufacturing cost of protein-based products as compared to the U.S. and European countries, is expected to boost the protein ingredients market growth in the upcoming period.

The key players contributing to the robust development of the protein ingredients industry include DuPont, Archer Daniels Midland Company (ADM) Inc., Cargill Inc., Kewpie Corporation, Kerry Group plc, E. I. du Pont de Nemours and Company, Arla Foods, Bunge Limited, AMCO Proteins, Omega Protein Corporation, GELITA AG, Fonterra Co-operative Group Ltd., Hilmar Ingredients and CHS Inc. The major market players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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