Tahini Market Sales Expected to Observe a CAGR of 4.7% Through 2026

Increasing demand for Israeli, Turkish and Persian foods by consumers has been witnessed since recent times. This has given an impetus to the consumption of tahini, typically as a dip or sauce in many dishes such as salads, falafel, soups and baba ghanoush. In addition, chefs are using tahini in various dressings such as balsamic and ranch dressings. This factor is expected to support the growth in consumption of tahini during the forecast period.

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Fact.MR’s analysis on tahini market has revealed that the sale of tahini is estimated to exceed US$ 2300 Mn by the end of the year of assessment (2026). Moreover, the global tahini market, according to Fact.MR, is projected to expand at a steady volume CAGR of 4.7% throughout the period of assessment, 2017-2026. The growth of global tahini market is significantly fuelled by increasing demand for healthy foods, the growing trend of in-house cooking and substantial use of tahini sauce or paste by eateries in different food items. Key players profiled in the global tahini market research report include Mounir Bissat Factories, Sunshine International Foods, Inc., El Rashidi El Mizan and Halwani Bros. Co.

Growing Demand for Traditional Arabic Flavors and Foods to Positively Impact Sales of Tahini During the Assessment Period

Rising popularity of Middle Eastern cuisines coupled with growing demand for traditional Arabic flavors and tahini products, in countries such as China, the United States, Canada, Mexico, Brazil, India and Spain is expected to spur the demand for tahini, which in turn is poised to contribute to the growth of the global tahini market in the coming years. For example, food products such as hummus and tahini pastes are gaining significant popularity in which tahini is used as the base ingredient. In addition, tahini is steadily replacing butter and is used as a side dish and garnish in many restaurants in Middle Eastern countries. Moreover, tahini dips and sauces are widely served along with shawarma, kebabs and sandwiches with a view to provide authentic Arabic taste. This is expected to fuel the consumption of tahini thus pushing its sales during the period of forecast.

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Global Tahini Market: Key Highlights

Middle East and Africa (MEA) region is expected to be the largest and most lucrative region for tahini market with respect to demand, consumption as well as exports to foreign countries. Counties such as Israel, South Africa and other GCC countries are expected to showcase increased demand for tahini, thus contributing to the growth of the MEA tahini market.

With respect to sesame seed type, hulled sesame seeds are widely used for tahini production as they provide better nutritional content, such as high Vitamin A content. This has pushed the demand for hulled sesame seeds during the assessment period
In the product type category, natural tahini is expected to witness significant demand and higher sales by the end of the assessment year as natural tahini provides healthy fats, amino acids, helps in blood pressure regulation, cholesterol regulation, balancing hormones, improve skin health and is a better source of minerals and essential vitamins. The natural tahini segment is estimated to lead the global tahini market during the forecast period.

Increasing demand for tahini in pastes and spreads in various products such as baba ghanoush, hummus and salads has been observed. With respect to the application area, tahini is widely used in dips and spreads, which is expected to significantly contribute to the growth of the global market.

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In the distribution channel category, given the increasing number of conventional retail stores, the conventional retail segment is expected to surpass other channels with respect to sales of tahini, making it an attractive distribution sales channel for the product.

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Rising Demand From Consumers To Push Sales Of Cooking Oil Market

Since several years, cooking oil section in supermarkets and hypermarkets has been a crowded spot, where individuals keep choosing on several cooking oil options available that are healthy to consume. Cooking oil is an essential component in daily cooking activity, be it a restaurant or home. This, in combination with increasing population percentage, especially in emerging economies, is expected to fuel the consumption of cooking oils. However, aspects related to health disorders, specifically cardiovascular disorders that occur due to consumption of unhealthy cooking oils with high fat content can negatively impact the overall sales of cooking oils.

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The global cooking oil market is expected to witness steady growth during the forecast period. This growth is defined by the growing use of cooking oils across regions coupled with demand for healthy oils with high nutritional content. For example, coconut oil is expected to gain higher recognition as it increases good cholesterol level and works well under high temperatures. Fact.MR analysis reveals that the global cooking oil market is projected to expand at a volume CAGR of 5.1% throughout the period of forecast, 2017-2026. Also, the sale of cooking oil is estimated to surpass US$ 342 Bn by the end of the year of assessment (2026). Key manufacturers profiled in this research report include Cargill Incorporated, Archer Daniels Midland Company, Associated British Foods (Ach) and American Vegetable Oils, Inc.

Fast paced lifestyle and changing dietary habits of customers across regions in the globe have led to increasing demand for ready to cook and easy to cook food products. These food products are convenient to cook, eat and carry owing to which consumers are largely preferring these such packaged food products. Cooking oil being an essential element in preparing ready to cook foods, the demand for cooking oils is expected to grow at a significant rate during the period of forecast.

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Key Highlights on the Global Cooking Oil Market

With respect to region, Asia Pacific excluding Japan (APEJ) is expected to showcase higher growth potential as compared to other regions. Moreover, the sale of cooking oil in this region is expected to increase at a higher rate during the period of assessment. The sale of cooking oil in APEJ region is largely driven by heavily populated countries such as India and China. In China, according to WHO, the rate of chronic diseases has risen since past years owing to lifestyle changes and other causes such as excessive smoking and consumption of alcohol. This has led to development of cooking oils that are high in nutritional value and promote health by increasing the good cholesterol content. For example, the demand for coconut oil in this region is expected to rise at a significant rate as it assists in fat burning to a large extent. In addition, the growing rate of population in countries of India and China is expected to spur the sales volume of cooking oils in this region, thus contributing to the growth of the global cooking oil market.

Demand for olive oil is expected to grow across regions during the forecast period owing to the health benefits associated with the product. For instance, olive oil is a rich source of antioxidants such as polyphenols that promote heart health. According to The New England Journal of Medicine, they are typically used in Mediterranean diet that has been followed across regions in order to reduce heart strokes and death related to heart disorders. With respect to category, refined cooking oils have gained steady demand and are witnessing higher consumption as compared to other forms of cooking oils. Refined oils promote growth of good cholesterol that helps in fighting cardiovascular disorders and reduce the bad fat content in the body. Various refined cooking oils such as coconut oil, olive oil, canola oil and extra virgin olive oil, to name a few, are gaining high preference in daily cooking activities.

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Conventional cooking oil segment by nature is expected to witness significant demand. The sale of conventional cooking oil is expected to increase during the forecast period. These oils have high smoke point and are available in various flavors. Moreover, they are a much preferred choice in restaurants. With respect to sales channel, hypermarkets and supermarkets are expected to largely contribute to the growth of cooking oil market. The sale of cooking oil in hypermarkets and supermarkets is relatively higher. This fact can be supported with increasing number of hypermarkets and supermarkets across reigns. In addition, consumers prefer first personal look while procuring food products and also look for varieties. These options are available in hypermarkets and supermarkets on a large scale, thus driving their growth. The hypermarkets and supermarkets segment is expected to lead the global cooking oil market during the period of assessment.

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Weight Management Beverages Market: World Approaching Demand & Growth Prospect 2019-2027

Fact.MR’s new research study on the weight management beverages market unveils key insights on the future trends in weight management beverages market. According to the report, rapid gravitation toward cognitive well-being and growing proclivity for weight management products remain the key growth levers of the weight management beverages landscape.

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The weight management beverages market report maintains an optimistic outlook on future growth, however, gains are likely to be modest rather than spectacular. The report pegs the market to grow at over 3% CAGR during the assessment period 2018-2027.

According to the report, a combination of evolving dietary patterns and consumer sentiments around attaining a healthy weight is driving sales of weight management beverages. As per the Fact.MR report, consumers are actively adopting beverages that come with natural and clean labels, which has been identified as an overarching trend in the weight management beverages market.

The report identifies a significant rise in popularity of beverages with ingredients rich in bioactive polyphenols, on account of their advantages in effective weight management. The report associates the success of nutritional and performance drinks with the rising propensity for functional attributes, which has been identified as a prominent trend influencing the dynamics of weight management beverages market.

The budding appetite for healthier options offering a tasty and unique experience among consumers is spurring the sales of non-carbonated beverages, with an anticipated US$ 25,000 million opportunity likely to emerge by 2027. As per the report, tea bags will continue to be the highly preferred form of consumption - this segment is likely to hold the highest revenue share and is likely to gain immense traction over the assessment period.

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Downsizing of packaging has been observed to be a successful strategy in the weight management beverages market, from the sales standpoint. Smaller packaging has been identified to gain widespread traction, on the back of rising consumer awareness regarding portion size and sugar intake. The weight management beverages landscape is likely to be influenced by persistent intervention of key authorities and regulations, such as FDA and EU regulations, to standardize levels of sugar concentration.

Europe Maintains its Lead as the Largest Weight Management Beverages Market

Europe is likely to dominate the weight management beverage market, followed by North America. The lucrativeness of this region can be attributed to the consistent hike in consumer preferences for healthier nutrition sources over conventional food.

Moreover, Latin America has also been identified as an emerging nation with profit-making avenues for the market players and is slated to grow at a CAGR of 4.9% during the assessment timeline. With health and wellness concerns increasing at a meteoric rate in this region owing to surging obesity rates, a broad category of health-savvy consumers is fueling the influx of new products in the wealth management beverages market space.

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The report also identifies the key players in the weight management beverages market focusing on providing a stability of all three crucial aspects, i.e. color, flavor, and suspension, in a bid to enhance their product portfolio. Also, manufacturers are foreseen to focus on finishing their offerings and enhance the overall appeal with a natural look, especially when they are marketed with the claim of having wellness positioning.

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Organic Milk Market Expected To Reach Multi Billion Dollars By 2028

The organic milk market is likely to maintain healthy growth rate during the assessment period 2018-2028, as steadily growing awareness among consumers in the last decade translates into commercial opportunities for companies. The organic milk market continues to be in ascendancy, despite longstanding challenges pertaining to high price.

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Although global demand for organic milk remains limited to a cohort of consumers, particularly those with higher disposable incomes, recent sales figures in emerging markets are encouraging. Fact.MR, in its latest study on the organic milk market, estimates global sales to increase by 440,000 liters in 2018 over 2017.

The report projects that the sales of skimmed organic milk are estimated to witness an upswing throughout the period of assessment on the back of high protein and calcium content. Further, less cholesterol content in skimmed organic milk continues to remain instrumental in driving demand for the product, particularly among consumers focusing on fat reduction. However, the demand for partly skimmed organic milk is projected to expand at a relatively faster pace during the period of forecast. According to the Department of Health, partly skimmed organic milk is a favorable choice for babies owing to easy digestion and nutrient content.

Growing health concerns and focus on well-being have translated into obligations on use of organic labels and certifications. Consumers have been cautious regarding ingredients in food items they consume and organic milk and its derivatives are no exception. This has led market players to adopt clean labels that detail the ingredient content including percentage of fats and other vitamins. However, growing distress among small scale farmers about stricter regulation in emerging markets continues to pose challenges.

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Modern trade continues to be the largest distribution channel for organic milk globally. Modern trade, comprising of supermarkets and hypermarkets involved in selling FMCG products are extending their organic product ranges meet the increasing demand for organic milk worldwide. This has resulted in an increased revenue generation via modern trade, making it an attractive revenue funnel for organic milk producers. Impressive sales have also been reported from online channels, and it is highly likely that this distribution channel will evolve during the course of the forecast period.

Cow organic milk has gained significant traction owing to its higher nutrition content as compared to organic milk from buffaloes and other sources. Dieticians have recommended consumption of organic milk for babies and infants. Cow organic milk has been considered as a substitute for breast-feeding, as it provides all vitals needed for infant growth.

Demand for organic milk is likely to remain concentrated in the developed countries of Europe. In addition to Europe, demand is also likely to grow significantly in the US, China, and India. According to the report, these three markets are likely to offer significant opportunities to market players during the course of the forecast period.

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Fact.MR’s research study also profiles the business and product strategies of some of the leading players in the organic milk landscape. According to the report, the organic milk market is a consolidated landscape, with few players accounting for high revenue shares. The consolidated nature of the market can be gauged from the fact that top four companies account for nearly 30% revenue share of the market. The study finds that large players in organic milk market are focusing on product line extensions to meet the evolving demand. The tier II and tier III players are also focusing on joint ventures to increase their global footprint and capitalize on the emerging opportunities in new markets.

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Worldwide Comprehensive Review of Poultry Feed Market Trends and Its Development

Shift towards high protein diet and increasing preference for poultry meat continues to influence the growth of the poultry feed market worldwide. Rising exports of poultry, particularly from the European Union and the United States, have remained instrumental in driving the need for enhanced poultry production, in turn fuelling sales of the poultry feed.

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Fact.MR envisages that the demand for poultry feed is projected to expand at a CAGR of 7.1% in terms of volume during the period of forecast, 2018-2027. The poultry feed market report also reveals that the sales volume of poultry feed are likely to cross 890,000,000 tons by the end of the assessment year.

Poultry feed producers have been focusing on carrying out developments in their products and processing methods in a bid to cater to the growing needs of consumers as well as abide by laws laid by regulatory authorities regarding GHG (Green House Gas) emissions. This has also triggered the use of clean labels as a measure to assure safety of poultry products by communicating ingredient information to the consumer. In addition, being largely driven by industry-specific aspects, manufacturers of poultry feed can expect momentous growth in the forthcoming years, says the report.

Government regulations regarding use of antibiotics in raising poultry are likely to impact the poultry feed market. For instance, European Union has banned the use of antibiotics in poultry feed owing to health risks associated with these formulations. FDA has passed various legislations, such as Guidance # 213 that have banned the use of antibiotics in poultry feed. This factor has opened new avenues for the use of other additives including enzymes and premixes to poultry feed to enhance productivity. Moreover, FDA has also allowed the use of insect proteins, such as use of BFSL (Black Soldier Fly Larvae), in poultry feed that can act as a sustained protein source.

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Growing broiler production is likely to trigger the sales of poultry feed across the globe. USDA (United States Department of Agriculture) estimates that broiler production is anticipated to increase by 2 percent by 2018-end to touch 92.5 million tons. This aspect is expected to fuel use of poultry feed in broiler production during the period of assessment. However, the demand for poultry feed in layer production is projected to expand at a relatively high pace throughout the period of assessment, according to the report.

Corn as a source for poultry feed has gained significant traction since the past couple of years. Poultry feed derived from corn provides high nutrition and palatability along with high protein and low fat content. Corn poultry feed can replace other sources such as soybean by offering cost superior reductions during production. Sales of poultry feed from corn source are estimated to cross US$ 123 Bn by end of the assessment period, making it a lucrative investment area for stakeholders in the poultry feed market.

Sales of poultry feed in from of briquettes are likely to account for a major share in the entire poultry feed market. However, the demand for poultry feed pellets are projected to witness a relatively higher growth with respect to adoption owing to the enhanced FCR (Feed Conversion Ratio), feed intake and weight gain.

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Demand for poultry feed continues to remain concentrated in the emerging economics of Asia Pacific. Countries such as China and India have been showcasing increasing preference for broiler meat since the past few years. This has resulted in the increasing dependence of quality poultry feed to cater to the growing poultry production. On the other hand, sales of poultry feed in the United States is likely to account for a lion’s share in the poultry feed market, making North America an attractive region for stakeholders from an investment standpoint. Overall, stakeholders in the poultry feed market can expect an opportunistic scenario driven by a combination of industry specific and macroeconomic factors during the assessment period.

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Halloumi Cheese Market : World Approaching Demand & Growth Prospect 2019-2029

Fact.MR delivers vital insights on the halloumi cheese market in its published report, titled “Halloumi Cheese Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019-2029”. In terms of revenue, the global halloumi cheese market is projected to expand at a CAGR of over 12% during the forecast period, owing to numerous factors, which Fact.MR offers thorough insights and forecasts in this report.

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As per the FAO Dairy market review, March 2019, the demand for varietal cheese has been increasing in the recent years. Halloumi cheese, one of the specialty cheeses in the market, has increasingly become popular in the past decade. The demand for halloumi cheese is high globally but the current lot of manufacturers have been facing difficulties catering to this demand for halloumi cheese. Pittas Dairy, one of the four major producers of halloumi cheese, has ceased operation from January, 2019.  The Pittas Dairy factory was reported to be completely destroyed due to a fire. The shutdown of Pittas Dairy has increased the pressure on current manufacturers to ramp up production in order to meet the growing demands of consumers. Despite this current gap between the supply and demand, the new and emerging players who are eyeing the halloumi cheese market as a profitable revenue pocket will have an abundant consumer base to cater to, in the coming years.

Halloumi Cheese Production to Witness a Decline Due to Limited Production Capacities

The report showcases how the halloumi cheese market has been previously hampered due to regulations on its trade. In 2018, Cyprus government signed a protocol permitting the export of dairy products to China. The rise in demand for halloumi cheese has been observed and is increasing every year. The local producers of halloumi cheese have been facing difficulties in catering to the demand in UK, Sweden, Germany, Denmark, and Australia. The inclusion of demand from the Asian countries will be impossible to satisfy with the current production capacities. The shortage of halloumi cheese in the UK supermarkets was high in the previous year.

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The supply side issues are likely to be alleviated in the coming years due to multiple campaigns launched in the European Union. The increase in the sheep and goat population will be one of the major factors affecting the growth of the halloumi cheese market. Multiple demand side shortages have created prominent opportunities for new players in the market. Owing to this, non-Cypriot players have been entering the market in recent years. Waitrose, one of the new entrants in the halloumi cheese market, has seen an increase of 24% sales of cheese, right after introducing halloumi cheese. These factors are expected to create a major impact on the demand for halloumi cheese in the forecast period.

PDO Status for Halloumi Cheese in EU to Affect the Market Growth

Fact.MR opines that some issues in the production of halloumi cheese are exacerbated with the introduction of counterfeit products emerging in the market. As per the report, some farmers in UK and Germany have tried to produce halloumi cheese only by using cow’s milk. Taking this into consideration, the Cyprus government tried to register Cyprus as a Protected Designation of Origin (PDO) for halloumi cheese. The Cyprus government launched a legal cease and desist suits on the non-Cypriot halloumi cheese producers. The non-Cypriot players will need to open the production base in Cyprus for production of halloumi cheese. The PDO status of the halloumi cheese has not been approved in the UK. Issues at the time of filing the trademark led a UK-based company to report an annulment for the action. The trademark has been said to be lost in the UK. The possibility of production of halloumi cheese in the UK will open up a new course of action for the new and current players. Nicos Anastasiades, the Cyprus President, has been on the warpath for pushing the PDO status for halloumi cheese.  The Green line divides the island of Cyprus into two groups, Greek and Turkish Cypriots. Furthermore, the political changes and agreements involving the green line regulations will determine the development of the halloumi cheese trade.

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The research study done by Fact.MR finds that despite the impediments faced by the halloumi cheese market, efforts from EU are on to facilitate the Cyprus Economy. The Agricygen partnership, funded by EU, connects universities in Cyprus with renowned experts in the world. The aim of the partnership is to increase the quality of the agricultural products in Cyprus. The Edinburgh University scientists are doing pioneering work in research to increase the production capacity of goats and sheep. The research in the long run is projected to help satisfy the demand for halloumi cheese. The work of the current players combined with the efforts of the Cyprus government will be the deciding factors in the development of the halloumi cheese market.

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Standard Milk Formula Market Growth Analyzed in a New Study

The market for standard milk formula is likely to remain influenced by increasing demand for premium nutrition products for infants, backed by rising percentage of working women across the globe. Other macroeconomic aspects including a stable rise in the purchasing power parity coupled across nations with a substantial increase in birth rate, particularly among developing regions are expected to remain instrumental in driving sales of standard milk formula.

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Fact.MR has presented an ocean of information on use of standard milk formula across various regions. The standard milk formula market report reveals that sales of standard milk formula are expected to cross US$ 15.5 Bn by end of 2019 and are likely to witness an upward march. The demand for standard milk formula is projected to expand at a stable rate of 4.7% throughout the period of assessment, 2018-2027.

In addition to being a highly profitable and a large arena, the market for standard milk formula is largely concentrated in the hands of major multinational companies including but not limited to Nestle S.A., Mead Johnson, Danone and Abbott Nutrition. With strong presence across the globe, these companies have been focusing on emerging economies of the Asia Pacific, this move primarily driven by the growing market potential for standard milk formula in China and India.

The report on standard milk formula market reveals that the sales of standard milk formula are likely to remain concentrated in Asia Pacific excluding Japan region, making it a potential revenue pocket for standard milk formula manufacturers. On the other hand, a tug-of-war between Europe and North America region is likely to prevail during 2018-2027 timeline, with the latter having slight advantage. The report also reveals that the demand for standard milk formula is projected to expand at a robust pace in Middle East and Africa region, albeit at a lower base.

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With a paradigm shift toward online channels, manufacturers of standard milk formula have been trying to expand their reach to cater tier 2 and suburban areas, in a bid to enhance their sales funnels. Moreover, various international standard milk formula manufacturers are collaborating with e-commerce platforms to introduce wide standard milk formula product range across regions. According to the report, sales of standard milk formula through online channels are projected to expand at a high rate crossing US$ 3.5 Bn by end of assessment period. Manufacturers of standard milk formula can leverage this opportunity to increase their consumer base on a broader level. However, modern trade is expected to remain an attractive channel in the current situation, says the report.

Packaging of standard milk formula using bottle and jars is likely to gain high traction in the forthcoming years as they provide higher convenience in distribution and transportation. However, owing to low cost, cans are being largely used for standard milk formula packaging. The report analyzes that standard milk formula packaging using bottle and jars is much more superior to cans due to higher safety and handling features they offer.

Market for standard milk formula being highly competitive, manufacturers are focusing on product differentiation as a key to sustenance and enhancing sales. Substances existing in breastmilk, such as prebiotics, probiotics and omega oils, are being blended with standard milk formula. In addition, manufacturers are using alternatives desirable to infant health that are GMO-free, organic, 100% lactose and palm oil-free.

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Demand for organic standard milk formula is expected to rise across developed and emerging economies worldwide as compared to conventional standard milk formula. Albeit at a higher base, conventional standard milk formula is expected to lose ground as they are produced from crops that are grown by using pesticides and artificial methods. On the contrary, organic standard milk formula consist of good bacteria that facilitate infant growth without side effects. This factor is poised to enhance the sales of organic standard milk formula in the forthcoming years.

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New Report Examines the Growth of Egg Replacement Ingredients Market Forecast to 2028

The outbreak of several epidemics from birds is having a profound influence on global consumption of eggs. This has led to an intense egg supply crisis causing various constraints apropos of egg supplies. Also, the global food industry has witnessed a paradigm shift over the past few years, with increasing number of consumers preferring vegan diet over a non-vegetarian diet. This, in turn, is poised to bode well for egg replacement ingredients market.

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The egg replacement ingredients market is envisaged to be driven by several factors such as rising number of vegans, outbreak of fatal diseases associated with birds, and rising preferences for vegetarian diet in the wake of health concerns worldwide. According to the report, the egg replacement ingredients market was sized over US$ 980 Mn in 2018. The market is further projected to value around US$ 1, 630 Mn by 2028 end.

With rampant shortage in egg supply, consumers are on the lookout for egg alternatives, which are supposed to serve as a source of their daily nutritional requisites. Furthermore, use of dairy based, soy based, and starch based products have witnessed a drastic upturn over the past few years. These conditions are poised to accentuate the demand for egg replacement ingredients, thereby reviving the market growth. One Green Planet, in one of its prominent publications, stated that over 6% of the US population is vegetarian in the light of adverse impacts of having a non-vegetarian diet on one’s health in the long run. Over and above that, multiple NGOs across the globe are promoting benefits of vegan diet over a non-vegetarian diet, thereby paving grounds for prosperity for egg replacement ingredients market.

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Manufacturers in the egg replacement ingredients market are encouraging advent of diverse varieties in a bid to cater to mushrooming needs of manufacturers raising requirements for low cost ingredients and demand of customers for healthy food products.

In terms of innovation, companies are emphasizing on streamlining their production capacity for offering products which are cost-effective and having longer a shelf life with flawless texture. Confectionery and bakery products such as cakes/pastries/muffins/breads are one of the lucrative targets for the market players with regard to surging demand for egg supplements from these products. Manufacturers operating in the egg replacement ingredients market are all set to launch new products for this segment in the light of rising popularity of bakery as well confectionery products. Furthermore, mayonnaise stands out as a remunerative segment in the egg replacement ingredients market. Eggless mayonnaise is gaining significant traction amid the health concerned consumer demographics owing to low fat and cholesterol levels.

One of the differentiating strategies which might help the market players to have a competitive edge is to closely study and understand the consumer requirements and offering products in similar lines with specific features. Streamlining the value chain might evolve as the biggest catalyzer for price reduction of the final product. In case of bakery industry, the demand for plant-based ingredients is picking up the steam and can be considered as a striking opportunity by the market players of egg replacement ingredients.

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The challenge of receiving optimal benefits out of egg alternatives is poised to limit the market growth to a certain extent. Since eggs cater to various functional roles in foods, it is difficult to obtain a one-to-one replacement for the multiple benefits they offer. This difficulty in restoring the nutritional benefits of eggs is poised to create minimal hindrances for manufacturers to attain sustainable consumer trust, thereby posing minute roadblocks for growth of egg replacement ingredients market.

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Concentrated Tomatoes Market Expected To Reach Multi Billion Dollars By 2028

Concentrated tomatoes can be processed in both conventional and organic ways. Organic processing of concentrated tomatoes does not involve the use of harmful chemicals, and this is the main reason why the demand and consumption of organic concentrated tomatoes is witnessing a rapid increase in the worldwide market.

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This shifting trend towards the use of organic concentrated tomatoes is expected to continue into the future as well and will hence augur well for the concentrated tomatoes market. Organic concentrated tomatoes are made from natural and vine ripened tomatoes and include natural spices and non GMO ingredients. Consumers the world over prefer using organic concentrated tomatoes in their daily food preparations, as organic tomato concentrate is rich in flavor and taste.

Regional Production of Concentrated Tomatoes Shifting Towards Organic Methods

The production of tomato concentrate across key regions such as North America is moving towards organic methods for harvesting and processing. In North America, there has been a steady inclination towards greenhouse tomato production, which uses alternative soils and new methods for climate control. Owing to this, the quality of tomatoes in the region has improved significantly, thereby resulting in enhanced quality of concentrated tomatoes. This is expected to fuel revenue growth of the concentrated tomatoes market in the region. Some of the other regions such as Europe are also increasing local production of organic concentrated tomatoes to cater to the demands of a health conscious population.

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Volatile Pricing and Decrease in Production of Tomatoes to Hamper Concentrated Tomatoes Market Growth

The production of concentrated tomatoes across the world has been hit lately with the volatile prices of tomatoes across certain regional markets. Manufacturers of concentrated tomatoes are facing challenges in sourcing good quality raw material at optimal prices and balancing the product costs at the same time. Long-term planning of the production of concentrated tomatoes given the current procurement scenario is also becoming an issue. Rising prices of tomatoes inevitably lead to bulk procurement and this can create issues in the quality of the raw material used to produce concentrated tomatoes. This has forced manufacturers to indulge in mass processing of tomatoes for producing concentrated tomatoes. Raw material prices directly impact the pricing structure of the final product, and this can inhibit revenue growth of the concentrated tomatoes market significantly in the coming years. With just about 20% fresh tomatoes used for processing, manufacturers are compelled to sell concentrated tomatoes in bulk, thereby adding to the current production and sales challenges. This factor can negatively impact growth in revenue of the concentrated tomatoes market in the long run.

Another factor restraining revenue growth of the concentrated tomatoes market is a decrease in the production of tomatoes across the globe. Worldwide production of tomatoes is anticipated to take a hit in 2018. This means a reduction in the availability of fresh tomatoes for producing concentrated tomatoes. Low tomato production is expected to impact the demand and supply scenario of concentrated tomatoes. This is further likely to hamper growth in revenue of the concentrated tomatoes market.

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Online Stores Most Preferred Channel for Sales of Concentrated Tomatoes

Concentrated tomatoes are currently being sold through multiple sales channels such as direct sales, modern trade, departmental stores, online stores, drug stores, and other sales channels. Of these, sales through online stores is projected to witness a high growth rate in the next decade. The proliferation of e-commerce in the retail sector has created good opportunities for manufacturers of concentrated tomatoes to sell their products through online channels. Departmental stores are the second most preferred sales channel for concentrated tomatoes.

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Latest Study Offers Detailed Insights on Carboxymethyl Cellulose Market 2019-2028

The uptake in adoption of carboxymethyl cellulose (CMC) as an effective fat-replacer in ready-to-eat and processed foods, abreast rising consumer awareness about consumption of healthy food, will sustain future growth of the CMC market. Inclination of food manufacturers toward carboxymethyl cellulose over egg proteins for preparation of bakery food items such as cakes is likely to be a key growth determinant for the market. Carboxymethyl cellulose aids in minimizing fat concentration in myriad foods, particularly in bakery & confectionary products.

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Future prospects of the carboxymethyl cellulose market are likely to be positive, as surge in the popularity of pharmaceutical specialty drugs fuel adoption of CMC, states a new Fact.MR report. The report envisages the carboxymethyl cellulose market to record a modest 4.6% volume CAGR over the forecast period, 2018 to 2028. Worldwide sales of carboxymethyl cellulose will bring in revenues over US$ 2,500 Mn by 2028-end. The FDA-approved disintegrant for pharmaceuticals, CMC improves the dissolving capability of medicines, thereby enhancing their meant effect, which in turn has been driving CMC demand in the pharmaceutical industry.

Relative Affordability of CMC as Thickening & Stabilizing Agent in Food & Beverages Continues to Sustain its Demand

Demand for processed food & beverages will continue to rise, as fast-paced lifestyle of consumers and new business models keep transforming the overall food retail industry. CMC has been seeking extensive employment in the food & beverages industry as thickening and stabilizing agent, gaining popularity as a cost-effective alternative to other cellulose derivatives. Manufacturers are incorporating carboxymethyl cellulose as cold stabilizers in frozen food & beverage products, thereby cutting down high expenditure on other expensive cold stabilizers.

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Metal nanoparticles production is another key application of carboxymethyl cellulose as a stabilizing agent, for instance – CMC is used in ice packs to retain the lower freezing point. The report estimates the function of CMC as thickener to remain sought-after among end-use industries, trailed by its function as stabilizer in terms of value as well as volume.

Carboxymethyl Cellulose Market: Preeminence of APEJ to Endure

Lucrativeness of the carboxymethyl cellulose market in Asia-Pacific excluding Japan (APEJ) will continue to remain higher than other regional segments incorporated in the report. CMC demand in APEJ’s food & beverage industry will remain robust, underpinned by the occupancy of relatively higher consumption base. Additionally, relatively higher incidence of chronic ailments in the region have led to increased demand for pharmaceuticals, thereby paving avenues for carboxymethyl cellulose. Nearly two-fifth value share of the carboxymethyl cellulose market will be held by APEJ by 2028-end.

Inclining consumer preference toward gluten-free and low-fat food has augured well for the carboxymethyl cellulose market. Protein solubility extension and texture enhancement attributes of CMC is sought-after among food manufacturers, with ice creams being top application area.

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Food and beverages industry will spearhead the carboxymethyl cellulose market, with oil drilling industry on the trail, says the Fact.MR report. Carboxymethyl cellulose is utilized in oil drilling application for protecting mud wells by acting as mud stabilizer, and water retaining agent. High viscosity and degree of substitution are other key attributes of carboxymethyl cellulose, which have led their adoption in oil drilling industry.

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New report: Eggshell Membrane Derivatives Market Opportunities and Forecast Assessment, 2019 – 2028

Eggshell membrane derivatives continue to find increasing applications in the nutraceuticals industry, creating a marketplace worth US$ 1.8 Bn by 2028. Soluble eggshell membrane powder remains the highest selling product, with eggshell membrane collagen and collagen concentrate complementing sales. The long-term outlook on the eggshell membrane derivatives market remains positive, as demand grows at a steady clip in food & beverage, and cosmetics & personal care, according to a latest market intelligence study by Fact.MR.

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According to the report, demand for eggshell membranes has been massively influenced by growing research and development on the efficacy of these ingredients. The therapeutic benefits of Natural Eggshell Membrane (NEM®) to people suffering from stiffness, osteoarthritis, and pain have been prominently covered in health and science journals, inducing a higher level of awareness among stakeholders across a broad spectrum. The fact that (NEM®) is rich in collagen, hyaluronic acid, and chondroitin is influencing food & beverage manufacturers to incorporate this ingredient in their offerings.

The report opines that challenges associated with managing joint pain through nonsteroidal anti-inflammatory drugs (NSAIDs) can create opportunities for eggshell membrane derivative manufacturers. Eggshell membrane derivatives are devoid of some of the potent side effects associated with NSAIDs, which has fuelled their adoption in the nutraceuticals and food & beverage industry as a ‘healthy’ dietary supplement.

Novel applications of eggshell membranes are also creating new opportunities for manufacturers. The use of eggshell membranes in removing toxic hexavalent chromium from contaminated water can pave the way for development of a new industry.

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The prospects of the eggshell membrane derivatives market have also been augmented by broader focus toward sustainability and environmental conservation. Growing use of eggshells has the potential to reduce the burden on landfills around the world. In the US alone, nearly 600,000 tons of eggshells are sent to landfills, whereas eggshell waste is estimated to be over a million tons in the EU – effective use of these membranes offer multipronged benefits.

Focus Shifts to Procurement of ‘Pure Membranes’

Sensing the opportunities in leveraging the collagen and hyaluronic acid in the eggshell membranes, manufacturers are focusing on procuring pure membranes to develop high-quality products. The presence of mineral shell fragments and microscopic dirt can compromise the quality of the end product. The emphasis on pure membranes has received government support in various regions, with EU-funded researchers developing innovative separation technology under the SHELLBRANE project.

North America and Asia Pacific excluding Japan (APEJ) are two of the leading markets for eggshell membrane derivatives globally. The demand for egg shell membranes in North America remains heavily concentrated in the US, where the behemoth nutraceutical industry is lapping up the ingredient. Demand is also sustained by growing applications in the American cosmetics industry, which has been scouring for that ever-elusive natural and skin-friendly ingredient. The surging demand from various end-use industries in the US has meant that North America continues to maintain its lead in the global market. In addition to North America, Asia Pacific excluding Japan (APEJ) and Europe are likely to remain lucrative markets during the assessment period.

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Egg Yolk Oil Market Sales Expected to Observe a CAGR of 6% Through 2028

The egg yolk oil market is witnessing a remarkable shift from traditional sales channels to direct-to-customer (e-commerce) online selling model. Manufacturers are leveraging the reach and popularity of online retail among consumers in rural and suburban areas.

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Egg yolk oil sales via ecommerce channels are likely to remain resurgent during the assessment period 2018-2028, growing at 5.9% CAGR in terms of value, finds a new Fact.MR study. Overall, the report is bullish on the prospects of egg yolk oil market, and estimates global demand to surpass 1 million liters by 2028. Sales are expected to remain concentrated in emerging economies in Asia Pacific, with United States supplementing demand during the period of forecast.

Cosmetics Spearhead, with Food and Beverages on the Trail

Use of egg yolk oil in cosmetic applications, especially hair and skin care, continues to be the largest market opportunity for producers and distributors. Growing emphasis on using egg yolk oil for baldness and hair fall treatment has been influential in driving sales in many regional markets worldwide. Increasing hair care treatments, coupled with higher customer preference for natural ingredients has boosted the sales of egg yolk oil in the cosmetic space.

Dietary supplements and infant nutrition continue to remain highly lucrative accounting for a significant bulk of sales in the egg yolk market. Overall, sales of egg yolk oil for dietary supplements crossed US$ 22 Mn in 2017 accounting for a comparatively higher market share. The report on egg yolk oil projects that the demand for egg yolk oil in infant nutrition and dietary supplements to remain strong during the period of assessment.

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Greater Preference for Hen Egg Yolk Derived Oil

Egg yolk oil derived from hen eggs has witnessed increasing preference for cosmetic, nutraceuticals and pharmaceutical applications. Hen egg oils contain vital ingredients that are rich in pohspholipids and triglycerides with cholesterol. Increasing sales of hen egg yolk derived oils are largely fueled with their use in topical ointments to facilitate skin healing, hair conditioning and treating other ailments such as skin ulcers, hemorrhoids, frostbite, ringworm, eczema and nasal vestibulitis. On the other hand, duck egg yolk derived oils are also witnessing impressive growth during the analysis period.

China is likely to remain at the vanguard of growth – with respect to sales and new product launches, the country is likely to retain its status quo as a major growth contributor, closely followed by India. Increasing sales of egg yolk oil in these countries make Asia Pacific excluding Japan (APEJ) the biggest market for egg yolk oil, considering the global scenario. In addition to APEJ, demand is also witnessing a spike in Europe and North America as new consumer demographics realize the benefits of egg yolk oil for hair and skin care.

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The report on egg yolk oil market includes key business strategies and product offerings of major market participants. Natural Sourcing Llc, Ecovatec Solutions Inc., Bizen Chemical Co. Ltd., Jiangxi Global Natural Spice Co., Ltd.(Jiangxi Jishui County Baishui Reclamation Yard Forest Farm), Tedukuri Shizenshoku Tomonokai and Kewpie Corporation are some of the major participants profiled in the report. Apart from these key participants, the report has also profiled other stakeholders across the egg yolk oil supply chain.

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Key Vendor Analyzed For Vegan Baking Ingredients Market Till 2028: Details Fact.MR

According to a recent report by Fact.MR, vegan baking ingredients sales are expected to close in on 38,000 tons in 2019. Widespread adoption of veganism coupled with pervasive trends such as “mindful choices”, “clean label”, and “sustainability” continue to impact growth of the vegan baking ingredients market.

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Growing research and development activities for the production of improved vegan baking ingredients is a vital aspect contributing to market proliferation. Innovations in the vegan baking ingredients manufacturing are enabling the production of vegan emulsifiers which are key to producing bakery products that mimic the texture and mouthfeel of normal bakery products.

A crucial factor complementing the vegan bakery ingredients market growth is the fortification of these ingredients with probiotics. Consumer awareness regarding the benefits associated with consumption of probiotics is gradually increasing which is causing an upward movement in the sales of products incorporated with the healthy ingredient. Additionally, development of probiotics which are resistant to higher temperature, varying pH levels, and have a longer shelf-life is enabling their incorporation into bakery products opening up new opportunities for manufacturers.

Alternate emulsifiers such as aquafaba, a protein derived from legumes, are increasingly gaining traction due to their wide scope of applications such as leavening and foaming agents and their neutral impact on the taste and flavoring of products. Owing to its extensive nature aquafaba is increasingly being used in production of multiple vegan products driving research towards development of infrastructure for large scale extraction of the protein.

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A notable development complementing the surge in demand for the alternative emulsifier was InnovoPro, a company based in Israel and specializing in chickpea protein production, raising US$ 4.25 million in funding. The company claims to have found a sustainable technique for extracting 70% of the protein concentrate from chickpeas. These developments are estimated to uphold the growing demand for emulsifiers in the vegan baking ingredients market with the Fact.MR study projecting total production of approximately 10,500 tons of emulsifiers in 2019.

Demand for Vegan Baking Ingredients in Production of Bread Remains Robust

The consumption of bread has been gradually reducing in recent times with the advent of associated health problems such as increased blood sugar level, indigestibility, and obesity. Consequently, consumers are seeking healthy, gluten-free alternatives for bread which is prompting bakeries to foray into production of vegan bread. For instance, Pompadour, a bakery chain in Japan launched its new vegan curry bread manufactured using clean and organic ingredients.

Surge in the demand for vegan products is also prompting food chains to expand their vegan product offerings. A Starbucks outlet in South Korea recently expanded its vegan product offerings with the addition of vegan focaccia bread to its menu. As competition in the vegan food market intensifies, manufacturers are focusing on the production of innovative offerings. For instance, Artisan Bread Organic, a leading producer of vegan products in the UK, recently launched a new vegan burger range with the company claiming its products to be completely vegan. Approximately 11000 tons of vegan baking ingredients were sold for bread production in 2018, according to the study.

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The Fact.MR report tracks the vegan baking ingredients market for the period 2018-2028. According to the report, the vegan baking ingredients market is projected to grow at 6% CAGR through 2028.

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Gummy Vitamins Market – Increasing Health And Wellness Issues To Uptake Demand

The gummy vitamins market is expected to continue its steady growth on account of the growing micronutrients deficiency in the global population, coupled with the increasing consumer awareness about the consequential health impacts associated with vitamin deficiencies. The gummy vitamins market will grow at a Y-o-Y of 5.1% by volume in 2018 over 2017, according to a recent analysis by Fact.MR.

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Gummy vitamins, which have long been viewed as a source of health supplements for kids, has been gaining widespread acceptance among the adult demographic as a flavorful alternative to OTC supplements. The Fact.MR study opines that adults account for more than 60% of gummy vitamins consumption. Further, the trend is expected to prevail as the global population continues to suffer from what has been termed as ‘pill fatigue’.

Changing lifestyle and increase in the average age of the global population is causing a substantial rise in the prescription medications being consumed. People with an aversion for large calcium or multivitamin pills also find gummy vitamins as an appealing alternative for their daily dietary supplement needs.

Growing Demand for Probiotic Gummy Vitamins to Offer Lucrative Opportunities

The Fact.MR study reveals that the growing demand for probiotics in the food and beverages industry is also expected to impact the market growth, as gummy vitamins enriched with probiotics are increasingly becoming popular among consumers. The rising prevalence of digestive ailments, and growing resistance of infections to traditional medications have spurred the demand for probiotic-enriched gummy vitamins variants.

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With its immunity boosting properties, probiotics are being associated with promoting the overall well-being of an individual, a reason which has further propelled their usage in the dietary supplements market. While the demand for probiotics is on the rise, the amalgamation of probiotics when manufacturing gummy vitamins poses a daunting challenge.

Key companies have been focusing on addressing the challenge, and have launched probiotic gummy vitamins to capitalize on the trend. Owing to these factors the demand for gummy vitamins has been on a steady rise with the Fact.MR report suggesting a 391 tons rise in the production of the variant in 2019 over 2018.

‘Mindful Choices’ Trend to Uphold Sales of Vegan Gummy Vitamins

The “mindful choices” trend has dominated the F&B and dietary supplements market in recent times, and is expected to influence consumer purchases in the foreseeable future. Recent studies have linked the consumption of genetically modified products with liver damage and other health problems, and have been driving consumers to shift towards organic products.

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As consumers growing increasingly aware of the ingredients used in the production of gummy vitamins, manufacturers are shifting towards organic and non-GMO blends of fruits, vegetables, and spices, while avoiding the use of trans-fats, chemicals, and dyes. The consumers’ willingness to spend more on organic products has further fuelled the demand and production of vegan gummy vitamins.

The Fact.MR report tracks the gummy vitamins market for the period 2018-2028. According to the report, the alkaline phosphatase kits market is projected to grow at 5.9% CAGR through 2028.

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Globally Bacillus Coagulans Market Expected To Reach Multi Billion Dollars By 2028

Sales of bacillus coagulans have witnessed sheer proliferation in the recent past in line with rising consumer preference for probiotic diet and growing digestive disorders. The bacillus coagulans market is expected to witness sales surpassing 41 thousand tons by 2019, as per the latest research study by Fact.MR.

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Interest in probiotic fortified functional foods and beverages continues to grow across countries. Exhibiting the characteristics of both lactobacillus and bacillus genera, bacillus coagulans has recently attracted the attention of food manufacturers and researchers. A large number of studies are being conducted on the low-cost microbial production of bacillus coagulans for use in the food industry.

According to Fact.MR’s report, cost-effectiveness and better stability and survival of bacillus coagulans in high-temperature, heat treated food products are the major factors fostering the adoption rate of bacillus coagulans in the food and beverages industry. Bacillus coagulans is being increasingly used in food supplements to strengthen the immune system, provide anti-allergy effect, and reduce gastrointestinal system infection.

Increasing lactose intolerance and growing allergies towards milk proteins is resulting in an increased demand for non-dairy probiotics. This is leading to a rise in production of non-dairy milk-like compositions including bacillus coagulans. Food and beverages producers are strengthening innovation backed on the recent research studies showing various benefits of bacillus coagulans.

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“While bacillus coagulans may offer various benefits, there is a need for more research on side-effects and interactions of bacillus coagulans. Also, the lack of human trials and the unknown effects of long-term use of bacillus coagulans may cause serious health issues. The dosage amount of bacillus coagulans is another uncertainty due to the absence of clinical data,” says Fact.MR’s report.

Strains of bacillus are currently being employed for a therapeutic and protective effect against clinical syndromes, especially, metabolic disorders. Moreover, natural products including bacillus coagulans are emerging as a safe alternative for managing metabolic syndrome.

APEJ Holds Pole Position in the Market, Greater China to Witness Higher Growth Rate

With volume sales exceeding15 thousand tons in 2019, APEJ is projected to hold a strong position in the bacillus coagulans market, according to the Fact.MR report. Demand in China continues to grow at a brisk pace. The approval of bacillus coagulans for use as an ingredient in the food and beverages fortification in Asian markets is driving the demand for bacillus coagulans.

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The Fact.MR report provides key insights on the growth potential of the bacillus coagulans for the forecast period 2018-2028. According to the report, the bacillus coagulans market is expected to register CAGR of 7.6% in terms of volume between 2018 and 2028.

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Nutraceutical Supplements Market – Witness Global Need 2027

The nutraceutical supplements market is projected to account for over US$ 80,700 million in 2019, according to a new Fact.MR study. Overall growth of the nutraceutical supplements market can be attributed to,

Increasing adoption of nutraceutical supplements as pharmaceutical alternatives
Increasing healthcare costs and rising consumer preference for simple and over-the-counter medicines
Significant R&D investments in identifying the role of nutraceutical supplements in important health conditions such as obesity, cancer, cardiovascular diseases, diabetes and neurodegenerative diseases

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According to Fact.MR study, demand for prebiotics & probiotics dietary supplements is rising rapidly and projected to register over 10% y-o-y in 2019. Increasing awareness regarding the use of probiotics to maintain good health and to reduce the risk of multiple diseases has led to a significant demand for prebiotics and probiotics as dietary supplements.

Vitamins & minerals supplements will continue to witness a significant demand in the coming years. The estimations find that vitamins & minerals supplements are expected to hold over 36% of the overall share of the nutraceutical supplements market in 2019. Being the most commonly consumed dietary supplements, vitamins & minerals supplements consumption is expected to grow steadily throughout the forecast period.

Herbal supplements and protein & amino acid supplements are projected to register comparable market revenues. Collectively, these segments will account for half the revenue share in 2019. Increasing preference for natural ingredients has led to a significant demand for herbal supplements.

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The study finds that protein & amino acid supplements revenues are expected to grow at an impressive y-o-y of 8.7% in 2019. Rising levels of dietary protein intake in daily consumption are responsible for the rising sales of protein & amino acid supplements.

Softgel Remains Highly Preferred Form, Popularity of Capsules and Tablets to Grow

Fact.MR studied demand-supply scenario of different forms of nutraceutical supplements available. The study reveals that demand for the softgel form of nutraceutical supplements remained higher in the past few years and the status quo will be maintained in the coming years. In 2019, demand for softgels is projected to generate revenues worth over one fourth of the global revenues.

Unisex Nutraceutical Supplements Held Two Fifth of Market Share in 2018

Fact.MR study finds that according to consumer orientation, sales of unisex nutraceutical supplements have spearheaded the market revenues for many years. In 2019, the trend will continue and the sales of unisex nutraceutical supplements will occupy nearly two fifth of global revenues. Further, despite lower revenues, nutraceutical supplements for kids will witness rising demand and an impressive growth rate in 2019.

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The Fact.MR report tracks the nutraceutical supplements market for the period 2018-2027. According to the report, the nutraceutical supplements market is projected to grow at 7% CAGR through 2027.

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Maple Water Market 2019-2027: New Trending Research Analysis

The maple water market is likely to witness significant growth, with demand likely to surpass 16 million liters in 2018, according to a latest report by Fact.MR. The substantial growth in the maple water market is influenced by rise in the health-conscious population and growing demand for organic and natural food products.

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The increasing demand for sugar alternatives and convenience food products in North America is leading to the rise in production and consumption of maple water. Increase in growth and plantation of sugar maple tree across eastern Canada and the northeastern US is also driving maple water consumption in the region.

On account of growing demand for maple water and maple products in North America, the key players in the region are focusing on increasing the production capacity using efficient technologies. This is likely to put downward pressure on the price of maple water as the supply expands. Additionally, maple syrup, a product derived from maple water is witnessing increasing demand from baking and confectionery industries in North America.

The climate change and rising temperatures across the US and Canada is impacting maple tree growth. This is expected to affect the growth of maple water market in the coming years.

Massive Dominance of Unflavored Maple Water Continues

Maple water is natural and is vastly available in unflavored and raw form. The demand for unflavored maple water is projected to exceed 13 million liters by 2018 end, as per the Fact.MR report. Increasing number of food product manufacturers and restaurants are using maple water in its natural and unflavored form.

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Majority of the companies in the water bottled space are focusing on providing pure sparkling water. With an idea to offer something innovative and attract big chunk of health-conscious customers, companies are planning to bottle the maple water obtained from maple tree in its natural flavor, thereby, preserving the nutrients in maple water with sweet and woody taste.

Maple Water to Witness Highest Sales through Modern Trade Sales Channel

Compared to the various sales channels, modern trade sales channel including supermarkets and hypermarkets are likely to account for the highest sales of maple water. Fact.MR study expects the sales of maple water through modern trade sales channel to exceed 5 million liters by the end of 2018.

The existing players in the maple water market are providing packaged maple water that can be sold through giant stores including hypermarket and supermarket. Moreover, the target consumers buying products like maple syrup mostly belong to upper middle class and high class with the focus on healthy lifestyle. This is resulting in manufacturers distributing their product through the modern trade sales channel.

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Maple water is much-hyped drink in the developed countries like Canada, the US, and the UK. Manufacturers still have a sizable market to gain outside developed countries. To expand in other market across various regions, companies in the maple water market are focusing on introducing products with innovative packaging and at the best price possible.

The overall prospects for the maple water market are anticipated to remain positive. The demand for maple water is expected to reach CAGR of 8.7% in terms of volume during the forecast period, 2018-2027.

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Adoption Of Growing Up Milk Market To Soar Across Top Countries In The Globe

According to a recent study published by Fact.MR, the growing up milk market will envisage an impressive 5.9% volume y-o-y growth in 2018 over 2017. The study reveals that the growing needs of the ‘new-age’ parents to find a convenient way of meeting nutritional requirements of their toddlers is mainly providing a fillip to the growth of the growing up milk market. The study also finds new avenues of growth for growing up milk manufacturers in developing countries in the Asia Pacific and the Middle East & African region.

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Some of the key findings of the Fact.MR market study include

A significant rise in discretionary income of consumers has facilitated a larger consumer base to access ready-to-serve toddler nutrition products, such as growing up milk products.

Increasing number of nuclear families and working parents remain the key contributors to the recent developments in growing up milk market.

Breastfeeding rates have gone up in many developed countries, which is likely to reflect in declining sales of growing up milk products in developed regions, such as Europe and North America.

The World Health Organization does not recommend growing up milk products, calling follow-up formulae “unnecessary” and “unsuitable” for toddler growth. This is restricting the sales, hampering growth of the growing up milk market.

Marketing and branding strategies manufacturers in the growing up milk market of labeling growing up milk products as ‘toddler milk’ are convincing parents that growing up milk can help them to transition from breastfeeding to adult food.

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The Fact.MR study analyzes prominent parenting trends in various geographical regions to identify growth prospects of growing up milk market in various regions. It finds that the demand for growing up milk products is relatively higher in developing countries than that in developed countries.

Asia-Pacific and MEA Markets Hold a Revenue Share of around 60% in Growing Up Milk Market

The study reveals that Asia-Pacific and the Middle East & Africa are the most lucrative regional markets for growing up milk, and the trend is likely to continue to remain preeminent in the upcoming years. According to Fact.MR, high fertility rates and low mortality rates in developing countries create a positive environment for growth of growing up milk market in these regions.

The fertility rate in the Asia-Pacific has been relatively higher in the past few years. After the Chinese government dropped the one-child policy, the birth rate in China has increased back up again by 7.9% to reach 17.86 million during 2014-2015, according to the National Health and Family Planning Commission (NHFPC). Consumers are becoming more aware of the importance of child nutrition, which in combination with rising birth rate is creating a higher growth potential for growing up milk market players in the region.

Over 5.4 million children aged 0-5 years succumbed to death in 2017, and the risks of children dying are highest in the African region, according to the World Health Organization. Reducing preventable deaths of infants and toddlers in this region is one of the Sustainable Development Goals set by the United Nations General Assembly, which may provide an impetus to the adoption of nutritional supplement products such as growing up milk in the MEA region.

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We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.

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Rising Demand From Consumers To Push Sales Of Processed Meat Market 2018 to 2028

The processed meat market will envisage a moderate 2.2% volume y-o-y growth in 2018 over 2017, opines a recent market study published by Fact.MR. The study finds that steadily growing meat industry and increasing growth of the food processing industry is majorly contributing to the growth of the processed food market.

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The report finds that despite their preference for fresh food products, consumers are looking for convenience as it is becoming challenging for them to prepare elaborative meals at home due to the fast-paced lifestyle the lead. Growing meat production, increasing demand for affordable animal protein, and preference for convenience is expected to provide an impetus to growth of the processed meat market. However, demand is likely to witness moderate growth, as growing vegan trend and growing colorectal cancer concerns stall consumption.

Pork and Poultry, Together Account for over 3/4th Share in Processed Meat Market

The Fact.MR study finds that, poultry and pork are the top-selling processed meat products globally. Sufficient poultry supplies at relatively low prices and a significant rise in per-capita pork consumption in emerging nations, especially in China, is fueling demand for processed pork and poultry, which is influencing processed meat manufacturers’ leading strategies.

According to a report published by the United States Department of Agriculture (USDA), pork and chicken exports are likely to increase by 3% and 4% respectively in 2019, buoyed by bolstering demand in emerging nations. Robust demand for pork and chicken is expected to drive their production across the globe to reach 114.6 million tons and 97.8 million tons by 2019, according to the USDA report.

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Fact.MR finds that processed meat manufacturers are modifying their business strategies to leverage approximately 75% market share of processed poultry meat and pork in envisage incremental growth in the processed meat market in the upcoming years.

Why Consumers are Choosing Conventional Processed Meat over Organic Processed Meat
Contrary to the popular belief that organic food products are healthier than their conventional variants, conventionally processed meat products are witnessing higher demand than that for organic processed meat products. According to Fact.MR, the key reasons why a majority of consumers are more inclined towards purchasing conventionally processed meat include,

Asian Markets for Processed Meat Attract Investments from Leading Processed Meat Market Players

According to a report published by the Food and Agriculture Organization of the United Nations (FAO), China is one of the world’s largest meat producer and per capita meat consumption rate has increased in key developing Asian countries. Increasing meat import demand in ASEAN countries, which is attributed to the increased domestic demand for processed meat, is expected to generate numerous lucrative opportunities for processed meat market players across the world.

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Tyson Food Inc., a US-based processed meat market player, recently acquired Keystone Foods, an American food service company, and the deal included eight processed meat production facilities and three innovation centers in leading Asian countries, including Australia, China, Malaysia, South Korea, and Thailand. The company has invested over US$ 2.16 billion in this deal to expand its sales and distribution networks in high-growth Asian processed meat markets.

The Fact.MR report tracks the processed meat market for the period 2018-2028 to find that it is likely to grow at over 2.6% volume CAGR through 2028.

About Us

We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.

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