Rapeseed is a bright yellow flowering plant which is cultivated all over the world. The plant is known to be used as vegetable in Southern Africa and China. Rape crop is mainly cultivated for its oil rich seeds and is known to be the third largest source of vegetable oil in the world. It is also cultivated for other benefits which include large amount of biomass, improves soil tilth and suppresses weed.
In 2021, the global Vitamins Market was valued at USD 6,294.8 Million and is projected to reach the value of USD 9,341.3 million by 2028. The demand for Vitamins is projected to increase substantially in the coming years.
In 2021, the global Natural Food Colors market was valued at USD 1819.5 Million and is projected to reach at value of USD 2,940.89 million by 2028.
Salicylic Acid is an organic acid available since centuries globally. It is a colorless and odorless crystalline powder. It is extracted naturally from the bark of willow tree. Since centuries people are using salicylic acid as a medicinal product to reduce fever, aches and pains. Salicylic acid has anti-inflammatory properties which makes it an important acid in the pharmaceutical industry.
The global market for carotenoids is witnessing steady growth due to rise in demand from end user applications and increasing awareness regarding the health benefits associated with it. The global carotenoids marketing is shifting towards naturally sourced carotenoids. This trend is witnessing tremendous growth mainly in North America and European region. Rising demand for natural colorants is one of the major factors driving the market growth. However, emerging economies offers huge market potential.
The global market for beta carotene is witnessing growth on the back of rising health concerns and increased importance of intake of beta carotene. Moreover, shift in trends towards natural ingredients is another factor driving towards the market growth. But, due to excessive intake of beta carotene can also causes various effects on the human body therefore it is recommend to consumed in prescribed quantities only.
Fat replacers and salt reducers are the substances which are generally utilized as a substitute in food in order to reduce the content of calorie, keeping the same texture and taste.
Alcohol which is also term as ethanol or ethyl alcohol is form by the fermentation of yeast, sugar and starches. Other ingredients such as fruits, grains (barley, wheat, rye, rice, corn, etc.) are also used for the production of alcoholic beverages such as wine, beer and spirits. Alcohol is also referred as medicinal solvent over prescriptions and over-the counter drugs. Alcohol is widely used in pharmaceutical industry in multiple manufacturing processes owing to its bactericidal characteristics. This property of alcohol makes it ideal for topical disinfectant applications.
The process of applying natural or controlled antimicrobials to preserve food materials for extending its shelf life is known as biopreservation. The biopreservation process is usually carried out with the help of lactic acid bacteria (LAB) as they are inhibitory to microbes responsible for food spoilage. The key agents applied in biopreservation process are lactic acid bacteria, yeast, and bacteriophages. The process is carried out to preserve materials such as meat, seafood, and other food materials.
Global Algae Products Market is projected to increase at a significant CAGR of 5.9 % in the coming years. In 2021, the global Algae Products Market was valued at USD 4.5 billion and is projected to reach at value of USD 6.3 billion by 2028.
Curcumin is a bright yellow color is derived from curcuminoids which are fat soluble, polyphenolic pigments. Curcumin is also known as turmeric extract. Curcumin is present in two tautomeric forms such as enol and keto. The enol form of curcumin is energetically stable in liquids and solid phase. The beneficial properties of curcumin have led to high demand in various ne d-user industries in the market.
The global market for frozen food stood at US$ 252.77 Bn in 2017 and expected to reach US$ 442.46 Bn by 2026, growing at a CAGR of 6.6% during the forecast period of from 2018 to 2026. Europe dominated the market in 2017 and expected to retain its leading position throughout the forecast period. However, Asia Pacific is identified as the fastest growing market during the forecast period.
This report titled “Spirulina Extract Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in spirulina extract market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on form, application and geographical distribution.
Sodium benzoate is a salt of benzoic acid which is widely used as preservative in various end-user industries. It is naturally present in low levels in cranberries, apples, cinnamon and plums among other natural foods. It is among the cheap and easily available preservative and hence has high demand from various end-user industries such as food & beverage, pharmaceuticals, cosmetics, agriculture among others.
With the overall rising expenditure over various baby care products, the baby food and formula market is estimated to witness strong growth in the coming years. Baby food refer to soft and easily consumable food made specifically for babies. Baby food and formula is made for babies of age ranging from six months upto two years. Popular baby food and formula products include infant formula, baby cereals, bottled food, snacks & meals, nutritional supplements and frozen baby food.
Flax is one of the oldest cultivated crops. It is a member of linaceae family. Flax is grown across the globe including India, Canada, U.S, and China and all over Europe. Flax oil is also known as linseed oil which are sold as varnish in hardware stores. Linseed and flaxseed are often used interchangeably however there is a significant difference. When flax used for human consumption it is referred by flaxseed and linseed is referred when it has been used for industrial purposes. The largest planted areas of flax seed are in Canada, U.S, Russia, China and Kazakhstan.
Fructooligosaccharides (FOS) is a prebiotic ingredient which has been used as a sweetener over the last few years mainly in the food & beverage industry. The product is projected to replace various sweeteners from the food & beverage industry such as xylitol, aspartame and sucralose on account of its cost effectiveness and superior properties. Furthermore, the FOS is considered to be less harmful when added to numerous products as compared to its other counterparts.
Prebiotics are the non- digestible functional ingredients that selectively stimulate the growth of favorable bacteria’s in the gut of the host. Prebiotics facilitate the immune system thereby improving animal health.The market for prebiotics in animal feed is growing on the back of rising meat consumption. Meat and its products is considered as one of the major source of proteins, vitamins and mineralswhich are essential for growth and development.
In 2021, the global Cocoa Beans Market was valued at USD 11.2 billion and is projected to reach at value of USD 16.9 billion by 2028.
During the last decade global availability of pepper has increased substantially. There are three types of pepper, black, white and green. The two main types of pepper sold are black and white. Black peppercorns are dried ripe berries of the Piper nigrum plant and white peppercorns that are dehusked berries. Green pepper are preserved in brine or vinegar and sometimes sold as a delicacy.
Bakery industry is one of the rapidly growing segments all across the globe. Changing food habits in urban areas, due to changing lifestyle and enhanced standard of living has resulted in robust growth of bakery industry all over the world. The bakery ingredients possess different functionalities such as maintaining the freshness, emulsification and strengthening of protein.
Grape seed extracts is an industrial derivative of grape seeds; it contains a vast array of health-benefiting ingredients, such as carbohydrates, protein, polyphenols and lipids. Grape seed extracts also protect the blood vessel walls from inflammatory stress, the brain from low oxygen states and the skin from UV radiation damage. Due to its benefits on these systems, it has been shown to reduce the risk of skin cancer, protect against dementia and improve blood pressure.
Pea protein is a food additive extracted from the yellow pea, Pisum sativum. Pea proteins are nutrient-rich form of plant protein, necessary for good health. It is low in carbohydrates and fats and free of lactose, soy and gluten. It is easily absorbed by the body and provides substantial amount of beneficial amino acids. Pea proteins deliver huge amounts of the essential branched-chain amino acids such as valine, lysine, isoleucine and arginine.
Non-alcoholic concentrated syrup also known as squash are ready to serve types of drinks that include fruit juice, water, and sugar or sugar substitute. In the undiluted state the syrup is sweet, so it is basically formulated to be mixed primarily with water before drinking. Thus, it can be diluted in any amount to match the taste of consumer, usually at a ratio of part squash to four or five parts water.
Infant nutrition is a distinct market comprises of two sub-categories such as infant formula and baby food. Infant milk formula is a dietary product manufactured, designed and marketed in order to feed infants due to its similarity with breast milk and as well as suitability as an alternative to breast milk. There are basically four types of infant formula available in the market which includes starting milk formula, follow-on milk formula, toddler’s milk formula and specialty milk formula.
Colostrum is a type of milk produced by mammals in their late pregnancies as well as few days after giving birth to a baby. It comprises of significant level of immunoglobulin such as IgA, IgG and IgM and is easy to grasp, thus highly preferred for new born baby in order to strengthen their immunity as it contains high amount of antibodies. The colostrum helps in digestion, enhances immune system as well as helps in destroying the diseases causing bacteria.
Global food and beverage industry is growing at a robust pace and has strengthened the demand for food processing equipments over the past few years. The food processing machines comes in varied sizes and shapes in order to meet the requisite need of conglomerates operating in drinks, confectionery, frozen foods, poultry, dairy foods, vegetables and others.
Non-Alcoholic energy drinks comes under the category of functional drinks such as nutraceutical and sports drinks and other related drinks. Over the past few years, it has been transformed from being a very niche product to one of the most popular and rapidly growing product categories in total worldwide drinks market. It consists of significant amount of sugar, caffeine, and other energy ingredients.
Insects are generally considered as bug for crops and animals. However the usage of insects for eatable purpose has showcased an upliftment over the past few years due to varied advantages. It has been noticed that the consumption of edible insects has contributed to positive livelihood and health for both animals and human being. Rising consumption of sustainable based diets due to affordability, safety and easy accessibility has intensified the demand for edible insects across the globe.
Krill are small, up to 6 cm, shrimplike shellfish at the base of the ocean’s food chain. Including 85 species of krill, the total estimated biomass of between 400 Mn and 600 Mn tones in 2016-17. For claimed health benefits of krill oil, including the management and treatment of conditions, such as hyperlipidemia, inflammation, and arthritis, there has been a noticeable increase in research and promotion of krill oil in recent years.
Omega 3 fatty acids are a type of fat that are considered essential for overall health of humans. A lot of health experts recommend the same and a lot of research has went into discovering the many health benefits of omega-3 fatty acids.
Tahini is a seed butter produced from sesame seeds that are hulled, ground as well as toasted. This product is highly popular in Iran, Turkey, Middle Eastern countries and Africa. It is generally served as a dip and it act as a major component of hummus, halva and baba ghanoush.
Sodium propionate is the sodium salt of propionic acid, which is an organic acid formed during the chemical degradation of sugar. It come in white crystalline solid or powder forms, widely used chemical in the food industry. It helps to prevent the growth of mold and some bacteria, thus prolonging the shelf life of packaged foods. According, to the U.S. Food and Drug Administration FDA and The European Food Safety Authority (EFSA) sodium propionate is generally recognized as safe when used as a food additive.
Stevia is basically a sweetener as well as substitute of sugar which is extract from the leaves of stevia plant. It holds an important place under sweetener segment due to its varied advantages such as significant protein ingredient and low calorie. The increasing awareness about health advantages related to stevia has led to extensive utilization of stevia in food and beverages sector.
Developed by Nutrasweet Company, a former division of Monsanto, Neotame is an artificial sweetener derived from aspartame and contains around 8,000 times more sweetness than sugar.
Yeast extract is natural ingredients which are made from the similar yeast used to make wine, beer and bread. Yeast extracts are rich in valuable nucleotides, vitamin B complex and amino acids and other useful cell constituents. Extracts are mainly used as natural flavor enhancers in various foods; they contain a very natural way of escalating and rounding the natural flavor.
Cheese is a dairy product made from pressed milk curds. Various varieties are prepared from ripened (aged) cheese and unripened (fresh) cheese. It is a nutritious and delicious food that is very versatile. Cheese can be added to other dishes or eat it by itself. There are more than 250 type of cheese such as mozzarella, cheddar, colby, Swiss and American.
Confectionery items consists of toffees, chocolates, candies, lollipops, bakery products and other sugar items that are rich in sweet and sugar content. The escalation in the consumption of these items has impelled the demand for confectionery ingredients over the past few years. Varying preferences of consumers related to consumption of confectionery items has impacted the market for confectionery ingredients as well. Besides this, it has been noticed that urbanization has led to rapid growth of confectionery goods as the population in tier 1 and 2 cities prefer to have food which is easily and conveniently available.
Yogurt is basically a dairy based product. It is generally procured from bacterial fermentation of milk. The yogurt is significantly nutritious and an outstanding source of calcium, potassium and protein. Yogurt is relatively low in calories and has wide minerals and vitamins included in it. It is generally a refined milk product that is sourced and solidified by the specific lactic acid producing cultures included in milk. Rising benefits of consuming yogurt is anticipated to expand the growth of fat free yogurt market during the forecast period.
Sports nutrition consists of products which include supplements, food and drinks majorly developed for body builders, athletes and other health conscious people. These nutrition based products are specifically formulated in order to fulfill varied nutritional requirements in a human body. The major ingredients available in such nutrition products include minerals, vitamins, amino acids, and various other botanical ingredients.
Malt is generally a process of transforming cereal grains such as wheat and barley into malt which can be utilized in brewing, distilling as well as in manufacturing of food. Malt ingredients are basically utilized by food companies as an additive which adds color and flavors to final product as well as enhances the texture of food and beverages.
Xylitol, used as a sweetener is a sugar alcohol. It is found in various plant materials such as vegetables and fruits. At present, xylitol is commercially extracted from corn cobs and birch wood and many processes are still in development stage to extract xylitol from other sources. Xylitol is widely used as a sugar substitute owing to its low calorie content.
It is basically non-volatile oil extracted from the seeds of sunflower and majorly utilized in food for frying food items as well as in cosmetic formations as an emollient. Russia, Ukraine and Argentina are the top producers of sunflower oil. The rising benefits related to consumption of sunflower oil have boosted its demand over the past few years. It helps in keep the food fresh as well as healthier for longer duration of time.
The food service disposables are generally the food containers that can be recycled after utilization or disposed off as a waste. Rising demand for on the go food items as well as inclination in the trend for online shopping has created necessity for food service disposables which is anticipated to impel the market during the forecast period.
Smoke ingredients are available in three forms namely oil, powder and aqueous. Liquid smoke refers to artificial smoke ingredient, which is used across several cuisines to impart the smoky flavor and fragrance to the food. It is generally available in yellow and red color. It is widely utilized to enhance shelf life of food products without roasting or grilling the food.
Acidulated soap stock consumption has gradually increased in the market due to increasing agricultural activities driving demand for animal feed. On the basis of applications, global acidulated soap stock market is segmented into animal feed, soaps, biodiesel and others. Feed market accounted for larger share of global acidulated soap stock market.
Obesity is one of the grave concerns which the whole world is facing today. Rising obese population along with increasing diabetic people has stimulated the demand for low calorie foods all over the world. Rising health benefits and awareness regarding intake and popularity of such foods has intensified the demand for low calorie food market.
Dairy blends are generally produced from butter blends and are mixed with vegetable oil, or from processed butter fat which are generally free from saturated fat. It can also be mixed and blended with other components such as salt and sugar depending upon taste and preferences of consumers.
Yogurt is generally a dairy product and is procured from bacterial fermentation of milk. Over the past few years, non-GMO products have been highlighted in mainstream and are generally sold in supermarkets. The utilization of non GMO has reached around 11% on food and beverages for past four years.
Meat substitutes are the food products which resemble meat in the texture, taste and protein qualities. Meat substitutes are made up of plant protein ingredients, which therefore contain no meat. The global meat substitutes market was valued at USD 3.84 billion in 2016.
Chia seeds belong to the mint family known as Salvia hispanica native to southern and Central Mexico and Guatemala. They are available naturally in black and white color. Chia seeds are often referred to super food which means they contains relatively greater nutrients content when compared to other foods. Chia seeds have around 140 calories per two tablespoons.
Therapeutic foods are generally produced for nutritional and therapeutic purposes in the form of dietary supplements. These are made up of carbohydrate, protein, minerals, vitamins and lipids. The therapeutic foods are generally produced by crushing all ingredients together as well as mixing them. Its core function is that it is utilized for emergency feeding of malnourished children which is escalating its demand all across the globe.
Presently, bottled water is generally considered as one of the largest beverage category both in terms of volume and value all across the globe. The market for bottled water has gained traction in the past few years due to rising demand for safer and healthy beverages worldwide.
Egg replacement ingredients facilitate the reduction of egg content in the food without impacting the appearance and taste of the food. Egg replacers are generally produced by utilizing a variety of ingredients ranging from modified food starch to milk.
Encapsulation provides ways and means to protect food components forming cells, enzymes, food ingredients in capsules. Encapsulation in food products is done for protection of sensitive components, preserve and mask proper amount of flavors, minimal nutritional loss, and presence of aroma among others. Basically, food encapsulation involves packing of liquids, gases, and solids in small capsules, ensuring controlled release of components, when required. Various reasons supporting the demand for encapsulation in food industry include protection of core material to reduce reactivity of air, moisture, light, and other elements in the outer environment, adequate exposure of core material, controlled modifications to the characteristics of the components, masking of flavor or aroma in the product, and others.
Changing consumer lifestyles have led to a shift in food patterns, thereby leading to amalgamation of global food preferences, tastes and habits. Consumer inclination towards processed and convenience foods is increasing across the globe. This is further leading towards changes in business of food products retailers, suppliers and manufacturers in terms of mitigating the growing demand especially for processed food products.
Amla extracts are generally procured from plant species called as Emblica officinalis, and comes under the category of super fruit. Amla basically comprises of significant amount of salt, iron, calcium, amino acids, and vitamins. The extracts are generally utilized to make various products in order to maintain the healthy diet and other purposes.
Corns are one of the most popular cereal grains all across the globe. Corns are generally used ingredients of coarse grain which accounts for around three quarters of total production in past few years. These are highly utilized in animal feed and also for food and industrial uses.
Health and diet are gaining significant importance among consumers across the globe. Among different drinks such as carbonates, alcohol, tea and others available in the market, water as an alternative to thirst as well as a refreshing drink has gained its momentum back. Owing to increasing obesity and high sugar concerns among consumers and budding taste for beverages, demand for such drinks is anticipated to gain momentum in the forthcoming years.
Argan oil is produced from argan tree having origins from Morocco. Although, argan oil finds profound applications in cosmetics, medical and food, it is used extensively in cosmetic products such as hair care, skin care and make-up products. Commercialization of argan oil across the globe is growing rapidly, attributed to its benefits in cosmetic products and as dietetic ingredient. Undergoing extensive research and development of argan oil is anticipated to increase its application in medical segment.
Supplements are generally those products which are utilized to enhance, support to any kind of insufficiency in human body. It is usually taken in the form of pills, capsules, powder, and liquid or in softgels form or tea bag. These are generally extracted from herbal or botanical sources. Botanical supplements are generally utilized to treat a range of mental and physical ailments.
Dehydration is generally a process in which water content as well as the moisture is removed from food. Dehydration basically helps in preservation of food for longer duration. It is suitable to preserve seasonal vegetables and fruits. Dehydrated food provides significant nutritional value as well as easy storage with economic price.
Diabetic food or diet is generally recommended for people with high blood glucose content in the body. Rising awareness over diabetes along with preventive measures is expected to fuel the growth of diabetic food market over the period 2016-2026. It has been notified that with the change in lifestyle and hectic work schedule, consumers are demanding for junk food as well as lack of exercise or any other physical activity is ultimately leading to diabetes which in turn is expected to create more demand for diabetic food all over the world.
Brain health supplement is used to bolster brain function by to enhancing memory, attention, mood, creativity, motivation in healthy individuals. The brain health supplement market is predicted to surge with rise in aging population and to combat neurological disorder.
This report titled “Honey Powder Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in honey powder market along with the market size and forecast for the duration 2016 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on usage, sales channel and geographical distribution.
Algae oil is extracted directly from algae and is a major source of omega 3 fatty acids. Majorly algae grow utilizing photosynthesis while some algae grow in dark utilizing sugar starch. Algae oil is one of the essential segments within omega-3 polyunsaturated fatty acid ingredients. It is highly expensive as compared to fish oil which is a significant factor restricting the market growth.
The rising popularity of on-the-go breakfast has impelled the demand for cereal bars across the world. The cereal bar comprises of oats, nuts, honey, wheat, dry fruits, puffed rice and corn that can be consumed as an alternative to chocolate and other related snacks. Rising popularity of healthy foods has fuelled the growth of cereal bars all over the world.
Global food and beverage industry is growing at a higher pace and has intensified the demand for food vending machines over the past few years. It is basically an electronic device which dole out beverages, snacks, alcohol, and others in lieu of certain amount of money which has been put into machine.
This report titled “Caramel Ingredients Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in the global caramel ingredients market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based on product type and geographical distribution.
Gellan gum is a basically a polysaccharide, which has high molecular weight and is produced by fermentation. Gellan gum is commercially used for cosmetic, food, pharmaceutical and non-food products in various countries such as China, U.S., Canada, Japan, European Union and others. Gellan gum is finds application in wide hygiene and cosmetics products including lotion, face masks, creams, face masks and others.
Processed meat are generally enhanced with different additives which includes acidifiers, salts, flavoring agents, and minerals. Rapidly increasing globalization has intensified the processing of different types of meat in order to feed the global population. Busy work schedule along with popularity of ready to eat products has strengthened the demand for processed meat.
Cottonseed is basically a cooking oil which is extracted from seeds of cotton plants of different species. The cottonseed oil is a by-product of cotton industry. The production process involved in extraction of cottonseed oil includes pressing and extraction through refinement and purification method.
There is an increased inclination among consumers regarding their beauty and hygiene, which is fuelling the demand for advanced skin care products. Of different product range for skin care, anti-aging is perceived to gain significant momentum in the next five to six years. Technological advancements in the personal care industry have led towards development of novel anti-aging nutraceutical products.
Dill is generally a single species of genus anethum. It is basically an herb which provides different health advantages such as enhancing the digestive system, decreasing liver problems, and different body related problems. The juice is also considered to be rich in vitamin, iron and calcium. The market is at a very nascent stage and is anticipated to expand over the coming few years.
Uniform and quality yield is of utmost importance among micronutrients product manufacturers, agrochemical manufacturers and other key participants in the agriculture industry. Agricultural micronutrients are plant nutrients, which are used in small amounts for obtaining better yield.
The global meat processing equipment market is growing competently, projected to grow at a CAGR of 6.9% during the expected period from 2019 to 2027, starting from US$ 9.81 Bn in 2018. In terms of value, the grinding equipment is estimated to dominate the market for meat processing equipment in 2019. Additionally, wide-scale practice of grinding equipment for grinding fragmented pieces of tenderized meat into smaller pieces will expand the market growth.
Breakfast cereals are usually the food procured from processed grains that is consumed as morning meal of the day either mixed with milk or yogurt or with fruit. Rising trend to adopt western dietary patterns especially in developing economies such as India, Malaysia and Indonesia is anticipated to bolster the growth of breakfast cereals market over the period 2016-2023.
Growing world population is fuelling demand for food and thus, leading improvement in agriculture. Analyzing world population, it is anticipated to reach around 8 billion by 2030 and around 9 billion by 2050. This is further expected to generate substantial demand for appetite, thereby agriculture will play an important or key role in global economy.
This report titled “Quillaia Extract Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in quillaia extract market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on application and geographical distribution.
This report titled “Biotech-flavors Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in biotech-flavors market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on flavor type, application and geographical distribution.
The functional food ingredients can be defined as an ingredient that have the capability to add various advantages to the end product. Functional food ingredients are usually stated as such ingredients that are most likely to be consumed as a part of a standard diet and that comprises of biologically active constituents, which proposes the potential of enhanced health benefits. Some of the functional food comprises of food that comprises exact vitamins, minerals, fiber, fatty acids, phytochemicals, and others.
Dairy ingredients are made from milk and find application in chocolates, bakery products, ice creams, sports food, prepared food products, ready-to-eat food products to name a few. Dairy ingredients are basically used for flavor and texture enhancement offering viscosity, gel formation, emulsification and fat holding properties of the particular food and beverage product.
Transformation of raw material into healthy food product is resultant of efficient processing, preparation, distribution and finally consumption of food product. Increasing concerns of consumers regarding healthy and green food products, demand for plant products is anticipated to remain significant in the near future. Technological advancements in food have led towards development of varied soy products including isolates, concentrates and other edible soy products.
This report titled “Gourmet Salts Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in gourmet salts market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on type, application and geographical distribution.
This report titled “Natural Flavors Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in natural flavors market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on type, application and geographical distribution.
This report titled “Aloe vera Extracts Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in aloe vera extracts market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on form, end use and geographical distribution.
This report titled “Food and Beverages Nano-enabled Packaging Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in food and beverages Nano-enabled packaging market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on type, application and geographical distribution.
This report titled “Edible Oils Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in edible oils market along with the market size and forecast for the duration 2013 to 2023. The said research study incorporates in-depth analysis of multiple market segments based on type and geographical distribution.
Fermented beverages are beverages prepared with the process called fermentation. In this process, sugar is converted into acids, gases or alcohol. It occurs in yeast and bacteria and in some case of lactic acid fermentation it also occurs in oxygen-starved muscle cells. Global fermented beverages was valued at US$ 747.55 Bn in 2015, and is expected to reach US$ 1,061.05 Bn by 2023, expanding at a CAGR of 5.0% from 2016 to 2023.
This report titled “Clean Label Ingredients Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in clean label ingredients market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on form, application and geographical distribution.
This report titled “Specialty Food Ingredients Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in specialty food ingredients market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on ingredient type, application and geographical distribution.
This report titled “Flavored Syrups Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in Flavored Syrups market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on type, application and geographical distribution.
This report titled “Food Certification Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in food certification market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on type, application and geographical distribution.
This report titled “Honey Powder Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the trends in U.S. honey powder market along with the market size and forecast for the duration 2013 to 2023.
Global Iron Supplements Market is projected to increase at a significant CAGR of 3.8% in the coming years. In 2021, the global iron supplements market was valued at USD 4145.2 Million and is projected to reach a value of USD 5184.7 million by 2028.
This report titled “Tea Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in the global tea market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based on product type and geographical distribution.
Cold chain equipment are refrigerating equipment used across the cold chain for preserving and transporting frozen foods, pharmaceutical drugs, chemicals and several other temperature sensitive products. Some of the popular equipment used in cold chain include vaccine carriers, ice packs, cold boxes, cool packs, refrigerators, refrigerator trucks & cars, reefer ships & containers, refrigerated warehouses and several others.
Animal feed enzymes helps to increase the nutrition proportion in animal foodstuff and also lower the amount of animal waste. Increasing consumer awareness regarding the meat quality and various dairy products, along with the rising consumption of meat has led to inclusion of feed additives into animal feed. The poultry segment is likely to lead the market in forecast period.
Food fortification ingredients are generally recognized as safe ingredients which are added in foods, beverages and other edible products to provide functional and health benefits and also supports the shelf life of the products.
Fish oil is derived from the tissue of oily fish species from fresh water and sea. It contains a high percentage of long chain omega 3 fatty acids, such as EPA and DHA, which are essential nutrients for both humans and animals. Fish oil is largely used as a feed ingredient in various animal and human nutritional applications, such as aquaculture feed, animal nutrition & pet feed, pharmaceuticals, supplements & functional food.
The global alternative proteins market was valued at USD 7.75 billion in 2016. Alternative proteins market is mainly driven by the increasing health consciousness, shift in consumer preference towards natural plant proteins and increasing demand from general middle class consumers.
The beta glucan is considered as an important functional ingredient with numerous health benefits. The industries are adopting beta-glucan to fortify foodstuff with high dietary fibres as consumer interests in the nutraceutical products is on escalation. Furthermore beta-glucan actively impacts the metabolic parameters and help curing the chronic diseases.
In 2021, the global rapeseed oil market was valued at USD 6792.5 Million and was projected to reach a value of USD 9526.72 million by 2028. The demand for rapeseed oil is projected to increase substantially in the coming years.
Cold brewing, also known as cold pressing or cold water extraction, is the technique of soaking coffee beans in water at mild or cool temperatures for a protracted period of time. Coarse ground coffee beans are soaked in water for a continued period of time generally more than 12 hours. The water is usually kept at room temperature, although chilled water is also used. Once the coarse grounds are soaked completely, they are separated from the water using a fine metal sieve, coffee filter paper felt or a French press. The outcome is a concentrated coffee liquid which is generally diluted with milk or water and is served with ice, blended with ice or other additives such as artificial flavors or chocolate.
Food preservatives are added to the products during processing to avoid spoilage. Traditionally, salt and spices were used to preserve meat and other foods. The preservatives help in maintaining the essential food features such as texture, flavor, edibility and nutrition and reduce wastage through spoilage.
Proteins refer to the amino acids polymers which are joined together by peptide bonds. Proteins are consider to be the building blocks of body and also function as an efficient source of fuel. Proteins are continuously produced and degraded in living bodies via metabolic processes required for energy storage and recovery. Proteins play a crucial role in living organisms by contributing in all the processes within cells. Animal proteins refer to the proteins derived from animal sources such as meat, milk & eggs.
Natural alternative sweeteners, also known as sugar substitutes are chemicals which are added to some food products to make them taste sweet with presence of little or no calories. The over consumption of sugary foods leads to weight gain, resistance to insulin, type 2 diabetes and fatty liver. Therefore, in a bid to satisfy consumer’s sweet tooth without compromising with the health has led scientists and nutrition professionals to develop healthier natural alternatives to sugar.
Dairy alternative products are the plant base products, contains no milk, but it is enriched with various minerals and vitamins similar to that of dairy milk. Milk is rich in protein, carbohydrates and calcium. Along with several uses in beverages, milk is also used in smoothies or poured on cereal.
Whey protein ingredients are referred to as globular proteins which are extracted from whey, a liquid obtained as a derivative of cheese. Consumers are preferring whey protein ingredients due to their high protein content as compared to egg, soy and other dairy products. Whey proteins are widely consumed in the form of nutritional supplements owing to various health benefits related with them.
Sparkling is a bubbly, non-alcoholic juice generally used as a celebratory beverage in place of champagne. Sparkling juice is a mixture of juice carbonates and distillate, it may contain artificial sweeteners or are unsweetened. Manufacturers are coming up with a new range of juices, such as a blend of vegetable juices and fruit juice, to fascinate more customers with high nutritional value and low calorie.
Tonic wines were initially introduced for the medicinal uses, thereby it got a name tonic wine. Herbs used in tonic wines are generally aromatic, made from rosemary, lavender, hyssop, sage, lemon balm, rose geranium, mint, thyme, and various spices generally used in kitchen such as ginger, nutmeg, cinnamon, and mace. Tonic wine is used to cure fever, mainly typhoid and pneumonia, by lowering down the body temperature. Tonic wine easily get assimilated due to which it is used for people who have low absorption capacity from food or those with lack of appetite for food.
Sorghum, a cereal grain belongs to the category of flowering plants of the grass family termed as Poaceae. Sorghum grows tall, similar to corn, and is utilized for a wide range of applications such as human feed, sweetening and livestock feed. Most of the sorghum is used in human and livestock feed and the remaining is transformed into ethanol. Since it is drought resistant, sorghum is generally cultivated within the drier areas, as it shows effective yields in regions with insufficiency of water.
Pulses is a source of low fat, containing high fiber, and small amount of glycemic index. Pulse flour have the major advantages over the wheat flour and rice flour. It is been stimulated to achieve the required blend of rare elements and nutrients such as sodium, potassium, and selenium. Pulses contain large amount of amino acid and protein which makes it different from customary cereal flours.
Royal jelly is composed of 67% water, 11% simple sugars, 12.5% protein, 5% fatty acids and 2-3% 10-hydroxy-2-decenoic acid (10-HDA). Royal jelly also consists of trace minerals, vitamin B5, pyridoxine (vitamin B6) and trace amounts of vitamin C. Royal Jelly is a thick smooth milky substance emitted by the organs of working honeybees to sustain creating hatchlings and queen honeybees. It is fed as nutrition agent to larvae bees and drones during the early three days of their lives to stimulate growth.
Fertilizer additives are compounds added in the fertilizers to stimulate their quality and productivity. The demand for fertilizer additives is stimulated by the surging demand for improved agricultural yields, followed by the need of primary nutrients and high quality of fertilizers.
Acai berry is a deep purple grape shaped berry grown abundantly on acai palm trees found in Amazon River basin of Central and South Americas. Acai berry is widely consumed in either dried powder form or pulp form by the natives of Brazil. Each acai berry consist of 10% pulp and a huge seed which have no benefits. Thus, harvesting acai berry is difficult, as the acai palm tree doesn’t have branches and each bunch of berries is required to be brought down manually to preserve the fruit. Increasing demand for acai berry as a supplement in daily diets as super foods helps in achieving the targets of weight loss.
The global Pet Supplements Market is projected to increase at a significant CAGR of 5.70% in the coming years. In 2021, the global Pet Supplements market was valued at USD 1829.5 million and is projected to reach at the value of USD 2551.42 million by 2028.
In February 2022, the employment-population ratio for men, or the fraction of men who are now employed, was 65.7 %. In February 2022, the ratio for women was 54.4 %.
Production of baked goods incorporates the use of improvers now a days. As per German guidelines for Bread and Small Baked items, improvers are preparations intended to facilitate the production of baked goods.
Gluten-free food market expected to grow with a CAGR of 9.3% in terms of value during the forecast period from 2018 to 2026. Gluten is a special type of protein that is found in foods such as grains, cereals, and wheat. Gluten-free diets aims to keep the elasticity intact in food especially during the fermentation process of food production. It also helps to prevent foods from having doughy and sticky like texture. High cases of celiac disease in the U.S is driving the growth of North America gluten-free market.
Food wastes mainly consists of oils, fats, and by-products of animals which is converted into saleable commodities that includes tallow, high protein meat, and grease among others. These commodities are used in production of biofuels, soap, animal feed, cosmetics, toothpaste, leather, lubricants, pharmaceuticals, etc.
Potato protein is the dry product obtained from potatoes during the separation of starch. It is easily digestible and covers almost the entire range of amino acids making it extremely suitable for feed applications. Potato proteins increases metabolism and also helps to synthesizes hemoglobin to meet the iron requirements of the body. By texture, it is yellow colored free flowing powder with 83.5% of protein content on dry matter protein content. Isolated proteins which is obtained as a waste from potato industry has been found to treat high blood pressure.
Guava puree is a thick and smooth liquid obtained by processing guavas and removing the fibrous part which is the insoluble matter. This thick liquid, so obtained, is most commonly used to prepare beverages, ice cream, jellies etc. Guava puree is also included in an ideal breakfast and also a staple drink among ethnic markets. Usually, guava puree is available in three types namely canned, frozen or dry. Dry guava puree is easy to export and possess a long lifetime. Pink colored guava often substitutes tomatoes for preparation of sauce.
Plant-based meat protein is treated as an animal meat protein substitute which is mainly made of soy or gluten. It does not involve any animal product like meat or dairy. There are two methods by which plant-based meat products are processed: thermoplastic extrusion and fiber spinning.
In 2021, the global specialty coffee market was valued at USD 52.1 Billion and is projected to reach at value of USD 102.3 Billion by 2028.
Specialty fats and oils market value is projected to rise with a CAGR of 6.3% over the forecast period from 2018 to 2026. Specialty oils such as palm oil, olive oil, etc. are one of the least processed oils due to which it is gaining traction in developed countries. Increasing consumer inclination over its “natural” properties and growing health concerns due to the consumption of saturated fats has catered to the market demand for specialty oils. Also, increasing demand for snacks and fried food products due to rising disposable income and growing retail sector globally, leading to high consumption of specialty oils for the preparation of these products. On the other hand, specialty fats provide sensory attributes to the prepared food products such as chocolate, chocolate confectionery, bakery products and ice cream.
The global commercial cooking equipment market is anticipated to register strong growth in the coming years due to increasing need for energy-efficient and certified cooking equipment. Commercial cooking equipment are primarily used in hotels, restaurants and other commercial kitchens for aiding staff in easy food preparation.
The market for rice flour worldwide was estimated to be worth USD 692.7 million in 2021 and is anticipated to grow to USD 891.7 million by 2028.
The cider market is expected to grow from USD 5.87 billion in 2027 from USD 4.60 billion in 2020. It is expected to grow at a CAGR of over 3.68% during the forecast period.
Mushroom Market is expected to reach US$ 77.72 Bn by 2026 with 7.9 % CAGR during the forecast period from 2018 to 2026. In 2017, Europe led the mushroom market. Asia Pacific is estimated to be the fastest growing region between 2018 and 2026.
The global snack bars market is growing substantially, anticipated to expand at CAGR of 6.9% throughout the forecast period from 2019 to 2027, starting from US$ 21.67 Bn in 2018. The surge in changing food preferences coupled with growing health consciousness among consumers are expected to drive the global snack bars market. The rapidly growing snack food sales around the globe is further anticipated to boost market demand.
The global glycogen market volume was at 2,176.6 Ton in 2017, and expected to grow at 5.8% CAGR during the forecast period from 2018 to 2026. Glycogen is a multi-branched glucose polysaccharide that acts as an energy reservoir in animals, humans, bacteria and fungi.
Plant protein market is slated to reach a market value of US$ 18,667.6 Mn by 2026 with 6.6% CAGR during the forecast period from 2018 to 2026. In 2017, North America dominated the plant protein market. Asia Pacific is estimated to be the fastest growing region between 2018 and 2026.
Alternative sweeteners market is expected to reach US$ 19998.1 Mn by 2026 with 4.7% CAGR during the forecast period from 2018 to 2026. In 2017, North America led the alternative sweeteners market and Asia Pacific is estimated to be the fastest growing region between 2018 and 2026.
In 2021, the global lemonade drinks market was valued at USD 1,652.5 Million and is projected to reach a value of USD 3,209.7 Million by 2028.
In terms of volume, the global market for yogurt stood at 36,500.1 Kilo Tons in 2017 and expected to reach 49,254.4 Kilo Tons by 2026, expanding at a CAGR of 3.5% during the forecast period from 2018 to 2026. Europe led the yogurt market in 2017 and expected to display similar trend throughout the forecast period. Asia Pacific expected to be the fastest growing market during the forecast period.
Dietary Fibers market is projected to reach US$ 8.52 Bn by 2026 with 11.1% CAGR during the forecast period from 2018 to 2026. In 2017, North America held the largest value and volume share in the global dietary fibers market and Asia Pacific is projected to be the fastest growing region between 2018 and 2026.
Prebiotics market projected to exhibit the CAGR of 10.8% during the forecast period from 2018 to 2026. Prebiotics are functional ingredients that stimulates the growth of favorable bacteria’s present in the gut to facilitate digestion system. Prebiotics also facilitate the immune system, mitigate the risk of cardiovascular disease, and helps in improving gut health, thereby improving overall health of the host.
Oats market is projected to reach US$ 10.03 Bn by 2026 with 4.2% CAGR during the forecast period from 2018 to 2026. In 2017, North America held the largest value and volume share in the global oats market and Asia Pacific is projected to be the fastest growing region between 2018 and 2026.
Phospholipase enzyme market is projected to reach US$ 482.4 Mn by 2026 with 7.0% CAGR during the forecast period from 2018 to 2026. In 2017, North America held the largest value share in the global phospholipase enzyme market. Asia Pacific is projected to be the fastest growing region between 2018 and 2026.
The Clean Label Starch Market is expected to cross market value of USD 2,078.25 million in 2027 from USD 1,093.59 million in 2020. It is expected to grow at a CAGR of over 8.73% during the forecast period.
It is expected to exhibit CAGR of over 5.75% during the forecast period to reach over USD 3,336.43 million by the end of 2028.
The soy lecithin market expected to reach US$ 1.23 Bn in 2026 growing at a CAGR of 5.8% during the forecast period from 2017 to 2026. Soy lecithin is a food additive sourced from soy. It acts as an emulsifier or lubricant when added to food. It is one of the most widely used food additive in the market. One of the most prominent factors aiding the soy lecithin market growth can be attributed to the increasing concern for healthy lifestyle. The demand for nutrient rich foods have been on the high in recent years, a factor driving the soy lecithin market growth.
The Global Luxury Foods Market generated revenue of around USD 267,850 million in 2020 and is anticipated to grow at a CAGR of over 7.53% during the forecast period from 2021 to 2027 to reach around USD 559,080 million in 2027.
Global jackfruit market has generated revenue of over USD 297.77 million in 2021. It is expected to exhibit CAGR of over 3.42% during the forecast period to reach over USD 382.48 million by the end of 2028.
The food emulsifiers market is expected to grow at a CAGR of 5.1% during the forecast period from 2019 to 2027, starting from US$ 2.3 Bn in 2018. The rising demand for food additives and processed food drives the food emulsifiers market as emulsifiers are the most common content of processed food. Emulsifiers are products that are used for altering the flavor and to improve the texture of food products. As per the report, it is estimated that about 74% of the approved food products globally contains emulsifiers, one of the key factor propelling the growth of the market.
The Frozen Potato market is expected to grow at a CAGR of 4.2% during the forecast period from 2019 to 2027, starting from US$ 52,968.16 Mn in 2018. Frozen Potato products are gaining popularity and becoming global commodities that are generating billions of dollar revenue each year globally. The development of new products by various manufacturers supports the growth of the market. For instance, in January 2019, Albert Bartlett launched three new frozen potato products in the U.K markets.
The global barbeque (BBQ) charcoal market is rising at a significant pace, projected to rise at a CAGR of 6.7% during the estimated period from 2019 to 2027, starting from US$ 1.72 Bn in 2018. The market is majorly driven by the rising influence of grilled food worldwide and the growing adoption of grilled food among millennials. Increasing health consciousness among people will also boost market growth. Rising demand for BBQ charcoal grills due to their benefits such as smoky flavored, healthy food, more heat, more portable and others.
The global relaxation drinks market is expected to grow at a CAGR of 14.06% during the estimated period from 2019 to 2027, starting from US$ 330.8 Mn in 2018. Relaxation drinks are drinks that contain a blend of various herbs and amino acids. The stressful modern lifestyles create the need for mood balancing foods and drinks across the world. Rooted stress and limited time available for rest are some of the major causes of the growth of the relaxation drinks market globally.
The global activated charcoal supplement market accounted for US$ 3.98 Bn in 2018 and expected to grow to US$ 9.80 Bn growing at a CAGR of 10.5% throughout the forecast period from 2019 to 2027. Activated charcoal supplement absorbents are tailor-made for precise applications on the basis of pore volume and pore size requirements. Activated charcoal supplement has a vital role in applications throughout the healthcare industry including treatment of diseases such as indigestion, diarrhea and flatulence among others.
The global caffeine market was valued at US$ 231.1 Mn in the year 2018 and expected to reach US$ 349.2 Mn by year 2027, expanding at a CAGR of 4.7% during the forecast from 2019 to 2027. Caffeine is the most popular psychoactive drug that stimulates the Central Nervous System (CNS). It is naturally found in cocoa beans, tea leaves, kola nuts, and coffee beans. Some other sources of naturally occurring caffeine include guarana berries, yerba mate, yaupon holly, and guayusa.
The global white coffee market is growing significantly, expected to grow at a CAGR of 12.3% throughout the projected period from 2019 to 2027, starting from US$ 4 -5 Bn in 2018. The global white coffee market volume is rising substantially, projected to expand with a CAGR of 7.9% during the forecast period from 2019 to 2027, starting from around 4,00, 000- 4,50,000 metric tons in 2018. The global white coffee market is growing rapidly due to rising health consciousness among people and increasing coffee consumption worldwide.
The global pulse ingredients market is expected to grow at a CAGR of 4.6% during the forecast period from 2019 to 2027, starting from US$ 15.83 Bn in 2018. The elevated trends for vegan and plant-based products is increasing the demand for pulse-based ingredients globally. Nowadays consumers are more inclined towards using pulse-based ingredients due to its inherent attributes for health benefit. For instance, from the year 2006 to 2016, about 4,900 pulse-based products were launched in North America region.
The protein bars market expected to grow at a CAGR of 6.7% during the forecast period from 2019 to 2027, starting from US$ 1,250 Mn in 2018. Consumers nowadays are more inclined towards using convenience and high-protein content food products. As per the recent research studies, about 90% of American purchase convenience food. Moreover, 25% consumers opts for time saving and ready to eat food products. Thereby, increases the demand for protein bars globally.
The linseed oil market is expected to grow at a CAGR of 3.2% during the forecast period from 2019 to 2027, starting from US$ 766.82 Mn in 2018. The popularity of flaxseed is increasing due to its properties such as low saturated fat food constituents that aims to prevent and helps in the treatment of cardiovascular diseases.
The global poultry feed market size was valued at USD 160 billion in 2018, growing at a CAGR of 4.3% over the forecast period. The poultry sector is one of the fastest growing sector owing to the increase in poultry meat consumption. Increasing the productivity of poultry is grave to feeding the rising global population. However, rising feed prices are substitute as a restraint to the poultry feed market.
The Manuka honey market is expected to cross market value of USD 915.5 million in 2027, which was USD 550.4 million in 2020. It is expected to exhibit moderate CAGR of over 7.5% over the forecast period.
The Doughnuts Market is expected to cross market value of USD 5,632.5 million in 2027 from USD 7,716.4 million in 2020. It is expected to grow at a CAGR of over 4.5% during the forecast period.
The Marzipan Market is expected to cross market value of USD 1708.5 million in 2027 from USD 1408.2 million in 2020. It is expected to grow at a CAGR of over 2.6% during the forecast period.
The global market is expected to cross market value of USD 76.40 billion in 2027 from USD 26.88 billion in 2020. It is expected to grow at a CAGR of over 16.5% during the forecast period.
The Specialty Coffee Retail Packaged Goods Market is expected to cross market value of USD 32,200 million in 2027 from USD 18,500 million in 2020. It is expected to grow at a CAGR of over 7.5% during the forecast period.
The Global Luxury Alcohol Market generated revenue of around USD 773,180 million in 2020 and is anticipated to grow at a CAGR of over 6.32% during the forecast period from 2021 to 2027 to reach around USD 1,340,210 million in 2027.
Global Industrial Soy Flour market is expected to witness CAGR of 4.83% during the forecast period. The revenue generated by the global Industrial Soy Flour market in 2020 was over USD 368.41 million and expected to generate revenue worth USD 562.15 million in 2027.
The revenue generated by the global Premium Frying Oil market in 2020 was over USD 14,061.52 million and expected to generate revenue worth USD 25,427.66 million in 2027.
Global Pyrolysis Oil market was valued at around USD 274.79 million and is projected to grow at a CAGR of over 4.07% during the forecast period to generate revenue of USD 410.32 million in 2027.
The revenue garnered by the global Functional Yogurt industry in 2021 stood at USD 23,787.42 million, which is likely to cross USD 3,7291.25 million mark by the end of 2028.
The revenue garnered by the global Mung Beans industry in 2021 stood at USD 3,787.83 million, which is likely to cross USD 4,757.59 million mark by the end of 2028.
The revenue generated by the global Black Rice market in 2021 was over USD 158.20 million and expected to generate revenue worth USD 233.38 million in 2028.
The revenue generated by the global Rock Salt market in 2021 was over USD 4,337.25 million and expected to generate revenue worth USD 5,625.21 million in 2028.
The revenue generated by the global Ginger Beer market in 2021 was over USD 9,057.00 million and expected to generate revenue worth USD 18,036.40 million in 2028.
In 2021, the global Pet food testing market was valued at USD 6792.5 million and is projected to reach at the value of USD 9526.73 million by 2028.
The revenue generated by the global Industrial Lecithin market in 2021 was over USD 246.14 million and expected to generate revenue worth USD 455.95 million in 2028.
The revenue generated by the global Wheat market in 2021 was over USD 378,000 million and expected to generate revenue worth USD 405,000 million in 2028.
Global Fermented Bean Curd market has generated revenue of over USD 626.41 million in 2021. It is expected to exhibit CAGR of over 5.75% during the forecast period to reach over USD 940.92 million by the end of 2028.
The global Liquid Animal Feed Market is projected to increase at a significant CAGR of xx% in the coming years. In 2021, the global Liquid Animal Feed market was valued at USD xx million and is projected to reach at the value of USD xx million by 2028.
Global Food & Beverages Market Analysis
The global food retail sales produced more than 4 trillion dollars each year. The market has evolved greatly during last 20 years due to technical modernizations keeping pace with rising demand for convenience foods. Food retail is led by firms of European Union as well as United States increasing their industry share in developing economies. Small dealers across these regions contribute for an enhanced market share of sales of food. Food producers are creating particular item lines to remain competitive and direct growth rather than conventional approach of diversifying product portfolios.
The food market includes many food sections that includes fruits, vegetables, dairy, eggs, seafood, fishes, luxury foods, snacks, organic foods, meat, packaged foods, poultry, cereal based items, sauces and condiments as well as functional foods like nutraceutical and vitamins.
The global beverages market was predicted to observe the slow rate of growth of less than two percent every year between 2010 and 2015 as per the reports provided by an authentic source. Items produced by beverages market includes juice, syrups, bottled water, still drinks, energy drinks, tea, coffee, fruit powders, sports drinks and alcoholic drinks like cider, beer, spirits and wine.
Beverages producers enhance speed of production owing to which the prices are lowered and the market continues to become growingly effective favoring its development and expansion.
Key Market Sections
Demand for frozen food was predicted to stimulate the market to more than 228000 million by the end of year 2015 as per the reports provided by a reputed market research firm. Meat leads the section at more than forty percent of the total market value. European Union holds close about 38% of the total market share.
The global industry for muscle food packaging that includes seafood, poultry packaging and meat is predicted to cross 31 billion dollars mark by the end of year 2017 as per the global market analysts. Technical modernizations, good packaging practices and packaging facilitates lower portions propel the market growth.
The global lactic market was expected to touch almost about 329 dollar thousand metric tons by the end of year 2015 as per the reports provided by global market analysts. The dairy industry is propelled by the end use industry demand and new item uses. The market has fared the world financial crises well by displaying strong growth.
The global fruit and vegetable juice industry of beverages market was predicted to touch almost about 65 billion liters by the end of year 2015 as per the global market analysts. Natural beverages that are manufactured without additives are in forefront of the fruit and vegetable juice industry sector. Firms are adjusting to customer demands by utilizing organic constituents and fortifying their items with constituents like vitamins, fibers, minerals, probiotics and sterols. Diet drinks industry comprise of yet another active market sector that fulfills the customers demand who are faced with problems of health like obesity and diabetes.
The global beer market section comprising of cider and flavored alcoholic drinks produced market sales about more than 585 billion dollars in year 2010 as per the reports provided by a reputed market research firm. Market expansion and growth was predicted to remain constant at an annual growth rate of about 1.5% through year 2015, making industry value close to about 630 billion dollars by the end of year 2015.
The global soft drinks industry was evaluated at about 504 billion dollars in year 2010 as per the reports provided by a reputed market research firm. Carbonates had dominated the market section with industry sales crossing 204 billion dollars in year 2010.
The global spirits industry section had expanded greater than three percent in year 2010. It was also expected that the industry will cross 306 billion dollar mark in year 2015. European Union held close about fifty percent of the global spirits industry.
Geographical Market Share
This industry is growingly exploring multibillion dollar business avenues in emerging business market sectors of Latin America and APAC region. While matured markets display a trend towards natural organically sourced food & beverages , a demand for processed ready to eat foods or processed ready to drink beverages is growing in developing countries. People are now in search of natural substitutes and prefer them more as compared to artificial flavors.
Producers in food & beverages market sector function on high sales output combined with lower margins of profits which are the profit imperatives. This is where the densely populated areas of growing economies like China, Brazil, India and Russia come into limelight.
Low margins of profits and compliance to strict government rules are going to pose a stiff challenge for the expansion and growth of food & beverages industry. Further the market is also required to address the issues of grave concerns like food & beverages security, environment, quality and health& hygiene of the society as a whole.
Industry Overview
An enhancing world population and a trend towards convenience food continues to push the food market forward. Changing consumer habits and food culture trends mean different tastes that enhance the demand for ethnic foods and new formats like microwaveable food items. Demand crosses supply in few of the food industry sectors like lactic acid in market applications of food and beverages industry. As food costs continue to increase due to rising oil costs and drought in grain producing areas, food scarcity has become a cause of primary concern in the global food market.
USA leads in food production followed by China, Russia and India. Greenhouse effects and issues like global warming will result in growth and expansion of organic foods as well as green packaging. The food industry is expected to focus more on security measures followed by future health risks caused due to food like food poisoning and mad cow disease.
Beverages market research displays various sections within the market predicted to grow in future due to various aspects. The coffee industry which was affected by global recession is expected to observe heavy sales growth in future. The sales of the coffee market will also benefit from an expanding Hispanic customer base.
The global tea market will witness mergers and acquisitions propelling the expansion and growth of the niche organic tea brands.
The world fruit and vegetable juices market sector is highly divided and competitive with a wider base of small and big firms.
Growth and expansion across all the market sections of the beverage market will come partially from sensitivity to customer health concerns. Firms will continue to vary their product portfolios to provide organic, diet and fortified drinks for the health conscious customer. A change in customer demographic sketch is expected to witness an increasing demand in nations like China, India and Russia.