foodandbeverages

[foodandbeverages]

Aquafeed Market Demand Analysis: Regional and Global Perspectives

The Aquafeed Market has experienced significant growth over the past decade and is projected to continue expanding. Factors driving this growth include a rising world population, increasing health consciousness, and the declining availability of wild fish stocks. As a result, aquaculture is becoming a key solution to meet the growing demand for seafood.

Aqua feed, also known as fishfeed or fishmeal, is a crucial component of the aquaculture industry. It plays a pivotal role in providing essential nutrients to farmed aquatic animals such as fish, shrimp, and other crustaceans. The demand for aqua feed has been steadily increasing due to the rise in global fish consumption, growing aquaculture industry, and the need for sustainable protein sources.

By 2033, aquafeed market is expected to reach a valuation of US$ 90.9 billion, with a strong CAGR of 6.8% over the next ten years. This significant growth is anticipated from its starting point of US$ 46.8 billion in 2023.

The aqua feed market has grown greatly due to multiple factors. Key reasons include growing customer awareness about the health benefits of seafood.

In aqua feed market, manufacturers’ profitability can impact as raw materials like fish meal, fish oil, and soya bean oil prices may fluctuate.

Market Opportunities

In aqua feed market, there are many opportunities as the demand for seafood is increasing day by day. There are many technological advancements are seen, such as the development of feed ingredients and formulations. From this also, the demand for acquiring seafood is increasing

This is a very sustainable way to produce seafood compared to traditional fishing. People are now becoming health conscious nowadays, so they are demanding aqua feed because it has many health benefits– it contains protein, minerals, fats, carbohydrates, and vitamins.

Information Source: https://www.futuremarketinsights.com/reports/aquafeed-market

Key Takeaways

The aqua feed market is expected to grow consistently from 2023 to 2033, with a projected US $90.9 billion value by 2033.

In 2022, the United States emerged as the dominant force in the aqua feed market, commanding a significant market share of 31.2%.

Germany showcased impressive progress in 2022, attaining a market share of 8.5% and signaling a rising interest in the aqua feed sector.

The aqua feed market in Japan witnessed substantial expansion in 2022, securing a significant market share of 4.8% and demonstrating its increasing market potential.

India made a main entry into the aqua feed market in 2022, capturing a market share of 8.0% and showcasing its active involvement and influence within the industry.

Competitors Winning Strategies

Competitors of the aqua feed market are applying many strategies to become a leading company. Companies are focusing on research and development to develop new ingredients which help enhance the health and growth of fish and other aquatic animals. They are opening new feed factories all over the world to meet the growing demand for aqua feed in their regions.

They are making partnerships with other industries as well to accelerate the development of new ingredients also, they get more new customers from other industries.

Top 15 Key Players in AquaFeed Market

Cargill, Incorporated

Charoen Pokphand Foods PCL

BioMar Group

Ridley Corporation Limited

Aller Aqua

Biostadt India Limited

BENEO

Alltech

INVE Aquaculture

AKER BIO MARINE

Skretting

Purina Animal Nutrition LLC

Dibaq Aquaculture

Avanti Feeds Limited

The Waterbase Limited

Recent Developments:

Aller Aqua: Aller Aqua revealed its relationship with the Bayrise fish farm in Kenya to its long-term development with high-quality goods that will enhance aquaculture in Kenya.

BioMar: BioMar and Mols Bjerge mutually started an effort to repair eelgrass ecosystems. The project, referred to as “Havets Grønne Enge”, will contribute to the sea environment and lower CO2 from the atmosphere.

Cargill: Cargill confirmed the official launch of its newest fish feed plant, Lotus II, in Vietnam. The fish feed plant includes two lines with an output of approximately 100,000 tons annually.

Aquafeed Market by Category

By Species:

Crustaceans

Fish

Others

By Form:

Extruded

Powder

Liquid

Pellets

By Function:

Health

Digestion

Palatability

Special Nutrition

By Ingredients:

Marine

Land Animal

Veg/Grain

Carotenoid

Nutrients

Others

By Sales Channel:

Direct Sales

Indirect Sales

Hypermarket

Supermarket

Wholesalers

Speciality Stores

Online

Other Retail Formats

By Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East & Africa (MEA)

[foodandbeverages]

Pet Food Processing Market by Top Manufacturers with Production, Price, Revenue (value) and Market Share to 2034

The Pet Food Processing Market is expected to be valued at US$ 6,684.4 million in 2024. In contrast, the 2023 value was marked at US$ 6,348.0 million. The market is expected to progress at a modest rate over the forecast period, with a CAGR of 4.0%. By 2034, the value of the market is forecasted to have inflated to US$ 9,112.7 million.

The need for pet food processing is growing along with rising adoption rates of pets and the subsequent demand for pet food. A growing number of pet owners are becoming knowledgeable about the benefits of specialized pet food and thus the demand is being churned for pet food processing. Further, the variety of pet food desired by pet owners is being fulfilled by pet food processing.

Pet food processing is consistently taking steps forward with the advent of advanced equipment and techniques. A process like rendering is allowing manufacturers to cut down on costs. In addition to meat-based raw materials, manufacturers are also using plant-based materials to appeal to the vegan and vegetarian crowd.

While pet food adoption is rising around the world, some pet owners are still hesitant about pet food. Objections are raised against the unchecked quality of raw materials as well as the use of artificial preservatives. Thus, the market has stumbling blocks in its path.

Information Source: https://www.futuremarketinsights.com/reports/pet-food-processing-market

 "The trend among pet owners is to treat the pet as a member of the family. Thus, the focus of pet owners is not just on nutrient-rich essential food. Pet owners are also buying bite-sized treats in the form of kibbles or biscuits for their pets. The manufacturing of pet treats represents a significant opportunity for pet food processing," says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

Key Takeaways from the Pet Food Processing Market

The pet food processing market is anticipated to be US$ 6,684.4 million in value in 2024.

Dry food is the most manufactured form in pet food processing. For 2024, dry pet food is expected to contribute to 65% of the market share.

Pet food processing predominantly produces dog food. Dog food is anticipated to account for 45% of the market share.

Japan is one of the most promising countries in the market. The CAGR for Japan over the forecast period is anticipated to be 6.0%.

China is another Asian country where significant growth is predicted. For the 2024 to 2034 period, the CAGR for China is pegged at 5.0%.

The market is expected to register a CAGR of 5.6% in Germany over the forecast period.

Competition Analysis of the Pet Food Processing Market

Improvement in processing facilities by establishing new plants or making improvements to existing ones is a key concern for many market players. Start-up culture is evident in the market. Many small-scale companies are being taken over by multinational giants, while others are looking for investments.

Following are the prominent companies in the market:

Buhler Holding AG

GEA Group

The Middleby Corporation

Andritz Group

Selo

Baker Perkins Ltd.

Purina

Recent Developments in the Pet Food Processing Market

In December 2023, Nugape Pet Food was the recipient of a certificate from the International Featured Standards (IFS) highlighting the company's commitment to safety and sustainability.

In November 2023, Bioriginal Food & Science Corp. acquired Softgel Co.

In August 2023, Chinese market player Gambol Pet Group raised funding to the tune of US$ 219.7 million after going public.

[foodandbeverages]

Palm Oil Market In-depth Insights, Revenue Details, Regional Analysis by 2033

The palm oil market is anticipated to expand its roots at an average CAGR of 4.48% between 2023 and 2033. The market is expected to have a market share of USD 109.97 billion by 2033 while it is likely to be valued at USD 70.95 billion in 2023

Palm oil of refined and non-refined grades have their applications that are spread wide through the industries, flourishing the demand for palm oil across the globe.

Restoration of industries like food, bakery, and packaged snack industry is booming the palm oil market as it is applied in 50% of the food products. These food products involve fried, baked, and frozen food items.

The use of palm oil as a secondary fuel or biofuel source is also gaining traction in the market. Alongside this, Southeast Asian economies are transitioning from a conventional source of energy to a sustainable source. This also fuels the sales of palm oil across the globe.

Some properties of palm oil such as no trans-fat and higher affordability make it a popular choice amongst local food outlets and eateries. Alongside this, its usage in palms and fertilizers is propelling its demand across the verticals.

Information Source: https://www.futuremarketinsights.com/reports/palm-oil-market

Key Points

The United States market leads the palm oil market in terms of market share in North America. The North American region held a market share of 13.3% in 202 The growth in this region is attributed to the restoration of the food & beverage industry along with the changing eating lifestyle of people.

The United Kingdom’s palm oil market is another significant market in the European region. Europe, with higher tourist footfall, has an active food industry that cooks all kinds of food items. The rising popularity of ready-to-eat snacks is also fueling the demand for palm oil.

The Chinese palm oil market is anticipated to thrive at a healthy CAGR during the forecast period. Asia-pacific region held a major market share of 72% in 2022. The growth is attributed to increased population, lower per capita incomes, and energy transition programs.

The conventional nature type segment is leading the segment as it held a market share of 98% in 2022. The growth is attributed to the easy accessibility and higher palm oil production

Based on the product type, the fractionated segment leads as it held a major global share of 40% in 2022.

Competitive Landscape

The key vendors work on expanding their palm plantation along with the launch of different grades of palm oil. Key competitors and also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players in the market are Archer Daniels Midland, Wilmar International Ltd., Sime Darby Plantation Berhad, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, United Plantations Berhad, Kulim (Malaysia) Berhad, IJM Corporation Berhad, PT Sampoerna Agro, Tbk, Univanich Palm Oil Public Company Ltd., PT. Bakrie Sumatera Plantations Tbk, Asian Agri, Agropalma S.A., Boustead Holdings Berhad, Fuji Vegetable Oil, Inc., New Britain Palm Oil Limited

Recent Market Developments

Fuji oil group has introduced the “Responsible Plan Oil Procurement Polic” which sets out a commitment to zero forestation with no peatland available.

Asian Agri has revisited its palm oil grades with enhanced formulation and expanded palm oil plantation.

Palm Oil Market: Segmentation

By Nature:

Organic

Conventional

By Product Type:

CPO

RBD Palm Oil

Palm Kernel Oil

Fractionated Palm Oil

By End User:

Food & Beverages

Personal Care & Cosmetics

Pharmaceuticals

Biofuel & Energy

Others

Key Regions Covered:

North America

Latin America

Europe

Japan

Asia Pacific Excluding Japan

Middle East Africa

[foodandbeverages]

Whey Protein Market 2023 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2033

The global whey protein market is expected to grow at a prolific CAGR of 7.5% from 2023 to 2033. The target market is set to reach an estimated USD 19.6 Billion in 2023. By 2033, the whey protein market will likely reach USD 40.3 Billion. Rising demand for whey protein from the personal care, health, and wellness sector is expected to drive the growth of the whey protein market during the forecast period.

The growth of the whey protein market in the region is driven by several key factors, including the rising demand for dairy-based ingredients, increasing consumer awareness of healthy diets, the growing popularity of health clubs and fitness centers, a globally aging population, and a heightened interest among younger generations in sports and nutrition.

Whey-based snacks are gaining traction not only among health-conscious consumers but also among millennials seeking convenient snack alternatives to full meals and older individuals aiming for a protein-rich diet. Their popularity stems from their appealing flavors, nutritional benefits, portability, and relatively long shelf life. Additionally, the expanding use of whey protein in sports nutrition and weight management products—such as protein bars, powders, and beverages—combined with the growing number of fitness centers recommending protein supplements, is anticipated to further boost market demand.

Whey protein will experience increased demand over the coming years as they are a well-known form of protein and have a high nutritional value. Bodybuilders and weightlifters frequently use whey protein to increase lean muscle development and aid in muscle protein synthesis. Additionally, current health and exercise trends support the expanding demand for whey protein in the international market.

The amino acids found in whey protein are essential to the body which differentiates it from other protein sources. Thus, the market for whey protein will witness higher demand as a fitness supplement in the upcoming years. Further, whey protein is in high demand in sports nutrition due to the greater needs of elite athletes and bodybuilders. Also, growing experiments in the food and beverage sector also contribute to the growth whey protein market. This is owing to the rise of consumers who are increasingly health-conscious and seeking healthy options in the market.

Moreover, whey protein has been proven to moderate blood sugar levels to a specific extent, specifically when taken before or combined with high-carb meals. This is particularly beneficial for people who are at risk of type 2 diabetes. Hence, the market for whey proteins is undergoing heightened demand. Other factors like food fortification- where certain beneficial ingredients to a product to improve its functional properties- and protein standardization- where protein content in a food product is adjusted to either meet regulatory guidelines or enhance the functional properties of the product- also contribute to the growth of the whey protein market during the forecast period.

Download full Report: https://www.futuremarketinsights.com/reports/whey-protein-market

“Rising health consciousness, prevailing fitness trends, and popularity of sports nutrition will supplement the global growth of the whey protein market over the forecast period,” says an FMI analyst.

Key Takeaways:

The availability of adulterated and contaminated whey protein may stymie the market growth.

High demand for infant formula will drive the target market sales in Mexico.

The whey protein market in the United States will predicted a CAGR of 4.7% during the assessment period.

India’s whey protein market will grow at a CAGR of 11% during the forecast period.

By application, the nutrition and pharmaceutical sectors will dominate the global marketplace.

Whey protein isolated powder holds about 85% of the overall market demand.

Competitive Landscape 

Hilmar Cheese Company, Alpavit, Maple Island Inc., Glanbia, Wheyco Gmbh, Saputo Inc., Davisco Foods International Inc., Fonterra Cooperative Group Ltd., Milk Speciality Globals, and Milkaut SA among others are some of the major players in the whey protein market profiled in the full version of the report.

Key market participants are concentrating on various promotion strategies to generate awareness about the product and increase sales. These firms are also increasing their investments in research and development activities to develop their product portfolio.

More Insights into Whey Protein Market Report

In its latest report, FMI offers an unbiased analysis of the global whey protein market, providing historical data from 2022 to 2032 and forecast statistics for 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (whey protein hydrolysates, whey protein isolates, whey protein concentrates (whey protein concentrates 35, whey protein concentrates 50, whey protein concentrates 60-80)), application (food and beverages, nutrition products and pharmaceuticals, feed applications, others), and region.

According to the latest FMI reports, based on segmentation, the nutrition products, and pharmaceutical application segment is expected to generate the highest demand over the projected period. In terms of product type, whey protein isolated powder will account for around 85% of the overall market demand owing to the growing consumer preference for including protein in regular and everyday foods.

Based on region, the whey protein market in India will exhibit substantial growth during the forecast period. The target market will record a CAGR of 11% in this country. This growth can be attributed to the rising interest in sports and fitness activities and an upsurge in consumers’ willingness to try new protein products. In addition to India, the United States and Mexico will also demonstrate considerable growth in the whey protein market during the projected period.

Key Segment

By Product Type:

Whey Protein Concentrate

WPC 35

WPC 80

Whey Protein Isolate

Whey Protein Hydrolysates

By Nature:

Organic

Conventional

By End Use:

Infant Formula and Baby Foods

Dietary Supplements

Food Processing

Sports Nutrition

Beverages

Others

[foodandbeverages]

Food and Beverage Additive Market Size 2024 Global Industry Share, Top Players, Opportunities And Forecast To 2034

Future Market Insight’s new survey estimates that the food and beverage additive market is anticipated to be valued at US$ 65.20 billion in 2024 and is projected to reach US$ 104.79 billion by 2034, witnessing a CAGR of 5.80% from 2024 to 2034.

The consumption of food additives in the beverage sector is anticipated to remain elevated through 2034 due to the emergent use of artificial and natural sweeteners in various industries.

Food additives are essential for improving the freshness, flavor, texture, and shelf life of food products. The growth of the food and beverage sector is driving the food and beverage additive market, influenced by shifting population eating trends towards packaged food and beverage consumption.

Manufacturers offer additives from various sources, such as plants, animals, or minerals, to meet consumers’ evolving needs. New natural preservatives are being developed to preserve the nutritional quality of food.

Packaged food and beverages and the demand for edible products with health benefits are predicted to support the demand for food and beverage additives and sales in food and beverage products during the forthcoming decade.

Consumers demand sensory ingredients and functional ingredients, with sensory ingredients enhancing taste, smell, flavor, and texture, and functional ingredients adding nutritional qualities. The high disposable incomes of people in the United States have increased the production of food and beverage products, leading to the growing consumption of additives.

Browse full Report: https://www.futuremarketinsights.com/reports/food-and-beverages-additives-market

“The demand for specialty food ingredients is increasing due to their ability to enhance taste, shelf life, texture, and health benefits. The emulsifiers and enzymes industry is predicted to see a steady increase in demand for fat substitutes and food and beverage additives due to rising obesity and heart disease risks. The demand for flavor enhancers and sweeteners is also increasing due to superior taste, increased consumer awareness of low-calorie products, and potential future growth.” says an analyst of Future Market Insights.

Key Takeaways from the Food and Beverage Additive Market Report

The F&B additive industry in the United Kingdom is projected to experience a CAGR of 2.2% through 2034.

Germany’s food and beverage additive market is estimated to demonstrate a CAGR of 2.7% through 2034.

The food and beverage additive industry in the United States is anticipated to see a CAGR of 3.2% from 2024 to 2034.

China’s food and beverage additive sector is projected to showcase a CAGR of 4.3% through 2034.

The food and beverage additive market in India is anticipated to display a CAGR of 5.3% through 2034.

Competitive Landscape of the Food and Beverage Additive Market

The market is anticipated to develop, especially for fat substitutes, as people become more aware of the risks of obesity and heart disease. Emulsifiers and enzymes are also envisioned to see an increase in demand. The competition in this market is diverse and dynamic, with leading food supplement manufacturers innovating to develop new solutions and stay ahead of the game. They focus on quality, innovation, and meeting customer preferences. Many top food and beverage companies are working to obtain regulatory approval for their products and are using strategies such as acquisitions, partnerships, collaborations, distribution agreements, and mergers to extend their global reach.

Recent Developments in the Food and Beverage Additive Market

Together with bringing back prior year’s Grinch-themed creamers, International Delight and Dr. Seuss Enterprises unveiled a new Grinch-themed product called Peppermint Mocha Zero Sugar Creamer, ready-to-drink Iced Coffee, and on-the-go creamer singles in October 2023.

Nixie debuted Black Cherry Lime in May 2023 as a new flavor in their USDA organic sparkling waters range. It combines tangy citrus with sweet cherry and lacks calories, sugar, salt, and artificial solvents.

Key Companies

DuPont

Archer Daniels Midland

Cargill Incorporated

CHR

Hansen

BASF

Symrise

Sensient Technologies

Royal DSM

Tate and Lyle

Kerry

Givaudan

Firmenich

Key Segments

By Type:

Flavors and Flavor Enhancers

Sweeteners

Enzymes

Colorants

Emulsifiers

Food Preservative

Fat Replacers

By Source:

Natural

Artificial

By Application:

Bakery and confectionery

Beverage

Convenience foods

Dairy and frozen desserts

Spices

Condiments

Sauces and dressings

Others

By Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East and Africa

[foodandbeverages]

Pulse Ingredients Market Latest Trends, Demand, Growth, Opportunity and Forecast to 2034

The global pulse ingredients market, valued at USD 22,914.70 million in 2024, is projected to reach an impressive USD 41,075.47 million by 2034, growing at a robust CAGR of 6.0% during the forecast period. This growth reflects the increasing demand for sustainable, nutritious, and plant-based food solutions that align with evolving consumer preferences and global sustainability goals.

Pulse ingredients, derived from legumes such as chickpeas, lentils, peas, and beans, are lauded for their rich nutrient profile and diverse culinary applications. They are high in protein, fiber, vitamins, and minerals, making them indispensable in various industries, including food and beverages, animal feed, and even personal care. As health-conscious consumers and manufacturers seek functional and eco-friendly ingredients, pulse-based solutions are reshaping the global food landscape.

Pulses are seeds that are edible and are from plants in the legume family. Pulses grow in pods that vary in shape, size, and color. They are high in protein and soluble fiber and low in fat. It also aids in the regulation of blood sugar levels and the reduction of cholesterol. Pulse ingredients are high in vitamins and minerals like zinc, iron, and magnesium, which are beneficial to one's health. Lentils, chickpeas, and peas are used as pulse ingredients.

Pulse ingredients are used in a variety of food products, including soups, sauces, bakery items, meals, snacks, and confectionery items. It comes in a variety of forms, including flour, protein, and fiber. The increasing demand for plant-based and gluten-free products and the growing adoption of protein-rich food products are the major factors driving the market growth. Increasing disposable income, combined with a shift in people's lifestyles, is expected to boost the overall market development of the Pulse Ingredients Market from 2024 to 2034.

Market Insights

The pulse ingredients market's growth is being fueled by increasing awareness about plant-based diets and the health benefits of pulses. These ingredients are extensively used in gluten-free, high-protein, and allergen-friendly food products. Moreover, the market has witnessed significant innovation in pulse-based snacks, bakery products, and plant-based meat alternatives.

However, the industry faces challenges, such as supply chain disruptions, fluctuating raw material costs, and limited consumer awareness in certain regions. Addressing these hurdles through advancements in agricultural practices and strategic marketing will be crucial for sustained growth.

Access the full report for detailed market trends. https://www.futuremarketinsights.com/reports/pulse-ingredients-market

Key Takeaways

Demand Surge for Plant-Based Products: With the rising popularity of vegan and vegetarian diets, pulses have become a cornerstone for producing plant-based proteins, dairy alternatives, and fortified snacks.

Sustainability at the Core: Pulse cultivation requires less water and generates lower carbon emissions compared to traditional animal farming, making it a sustainable choice.

Regional Insights: North America and Europe dominate the market, driven by a well-established health-conscious consumer base. Meanwhile, Asia-Pacific is emerging as a lucrative market due to increasing health awareness and growing urbanization.

Western Europe's pulse ingredient market surges on demand for plant-based proteins and gluten/allergen-free products, reaching a projected USD 6.4 Billion by 2033

Driven by a growing focus on health and balanced diets, Japan's Pulse Ingredient Market is poised to reach USD 1.5 billion by 2033 with a 6.6% CAGR

Driven by a rising appetite for protein-rich foods, Korea's pulse ingredient market is anticipated to reach USD 1.2 billion by 2033, propelled by a robust 7.7% CAGR.

“The pulse ingredients market is poised for exponential growth, driven by the convergence of health, sustainability, and innovation. As consumers become more conscious of their dietary choices, pulses are emerging as the heroes of the plant-based movement. While challenges such as supply chain efficiency and consumer education persist, the industry's adaptability and focus on innovation are likely to overcome these barriers, ensuring a bright future for this versatile ingredient.”, says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Consumers’ Preferences Driving The Demand Of Pulse Ingredient Market

The Pulse Ingredients Market is expanding due to the rising demand for natural ingredients and clean-labeled food products. Because pulse ingredients are high in vitamins and minerals, consumers are shifting their diets to include more natural and organic ingredients.

Furthermore, as people become more health-conscious, there is a growing demand for gluten-free natural ingredients. As a result, the Pulse Ingredients Market will grow between 2024 and 2034.

The growing consumer preference for food products rich in protein, like pulse ingredient protein is propelling the Pulse Ingredient Market forward. Growing demand for pulse-derived ingredients such as pea protein, pea flour, and pea starch, due to the health benefits provided by these ingredients' high protein content. As a result, the Pulse Ingredients Market is expected to grow during the forecast period 2024 to 2034.

Growth Drivers

Health and Wellness Trends: Increasing incidences of lifestyle diseases have prompted consumers to adopt healthier eating habits, boosting the demand for nutrient-dense foods like pulse-based products.

R&D Innovations: Enhanced processing techniques and product development have expanded the use of pulses in ready-to-eat meals, beverages, and functional foods.

Government Support: Policies promoting sustainable agriculture and funding for plant-based food initiatives are accelerating market expansion.

Key Industry Highlights

1. Growth of Premium Pet Food Market

Increasing pet ownership and humanization drive demand for premium pet food.

Consumers prioritize high-quality, nutritious pet food despite economic challenges.

High demand for natural and plant-based ingredients in premium pet food, especially in developed countries.

Pulses, rich in protein, are increasingly used in pet food to support pets’ muscle repair, maintenance, and growth.

2. Rising Role of Yellow Peas in Pet Nutrition

Yellow peas are replacing wheat, soy, beet pulp, and corn fibers in pet foods.

Known for their bland taste, yellow peas maintain palatability while offering nutritional fiber benefits, including laxation effects.

Often used in low-fat and weight-control pet food formulations.

3. Market Potential for Protein & Nutrition Bars

Health-conscious consumers increasingly prefer lentil-based protein products for their superior health benefits.

Lentil protein is a key driver in the sports nutrition market due to its positive health perception.

Significant growth opportunities for lentil protein products in major markets like the USA, UK, Brazil, Germany, and Japan.

Manufacturers can innovate within the plant protein segment by leveraging lentil protein's growing popularity.

Country-Wise Analysis

India Contributes to the Fastest Growth of the Market

India is a developing economy with a growing population, urbanization, and middle-class population expansion, as well as increased demand for health-benefiting food products. Pulses are regarded as a primary source of protein in Indian diets. This provides an opportunity for the pulse ingredient market to grow.

Chickpeas have accounted for the largest share in the pulse ingredient market. Around 78% area of Chickpea falls under the Indian region. Apart from this, 35% area of lentils also falls under India. The availability of raw material for pulse ingredients is abundant in the country, which is primarily used by pulse ingredient manufacturers.

Older Age Group Driving the Market in Japan

Due to the large population of older people, Japan is expected to be a major revenue generator for manufacturers of pulse ingredients. The need for health products drives the market in Japan.

The market in the country is expected to grow at a CAGR of 4.9% for the forecasted period of 2024 to 2034. Apart from this, the demand for healthy, high in protein, food as well as beverage is also driving the demand in the country.

The Future Global Demands for Pulse Ingredient Products to be Met by Australia

Australia is the 3rd ranked producer and exporter of the pulse ingredient faba bean. Apart from this, the country is also ranked as the 7th producer and exporter of field pea. It is also the largest producer and exporter of lupins. Apart from these, the country is a small producer yet a major exporter of mungbeans.

The availability of several pulse ingredient products actually makes a bright future for the market in the country. The country is focusing on development with its supply chain facilities from farm to end-user. Also, the expansion of growing areas with new varieties is what the country is focusing on to become one of the major contributors to the market.

USA to have the Largest Share in the Pulse Ingredient Market

The United States of America is a developing market for pulse ingredients, and it is expected to account for the largest share during the forecast years. The convenience food industry is well-known for utilizing a large number of pulse ingredients.

The country's appetite for convenience foods is growing. Because of the country's busy lifestyle and aging population, modern convenience food has grown in popularity. Convenience food is popular among consumers because of its convenient properties such as ease of use, long shelf life, and high nutritional value. As a result, the country's consumption of pulse ingredients is expected to rise.

China as one of the Major Contributors to the Market

China is seen as a significant contributor to total pulse production. China, the world's second-largest economy, is expected to reach a market size at a CAGR of 7.7% from 2024 to 2034. China will continue to be one of the fastest-growing markets in this cluster of regional markets.

Countries

CAGR 2024 to 2034

The USA

5.8%

Brazil

5.1%

India

7.5%

Japan

4.9%

China

7.7%

Competitive Landscape: Pulse Ingredients Market

The Pulse Ingredients market is characterized by intense competition, with major players such as Cargill, Incorporated, AGT Food Ingredients, and Ingredion Incorporated playing pivotal roles. These companies are heavily investing in research and development to drive innovation and create sustainable feed solutions that address market demands.

In addition to their focus on R&D, these players are amplifying investments in efficient manufacturing processes to improve the quality, growth potential, and performance of pulse ingredients.

To boost sales and market presence, manufacturers are adopting strategies like vertical integration and strategic acquisitions. For instance:

Glanbia PLC is enhancing its capabilities to develop, commercialize, and scale innovative products quickly and effectively. The company emphasizes collaborative and agile innovation to deliver consistent results and capture market opportunities.

Recent Developments in the Pulse Ingredients Market

2023: The USA Dry Pea and Lentil Council partnered with The Good Food Institute India to host seminars in India, focusing on product development and global innovation in pulse-based food manufacturing.

March 2022: AGT Food and Ingredients announced a new oat milling facility at its plant in Aberdeen, Saskatchewan. The facility produces a variety of products, including oat groats, flours, and specialty ingredients for plant-based foods, animal feed, and other applications.

Leading Brands

Cargill, Inc.

AGT Food and Ingredients

Group Soufflet (AIT Ingredients)

Archer Daniels Midland Company

Ingredion Incorporated

Müller's Mühle

Beneo GmbH

Roquette Frères

Glanbia, Plc

Ebro Foods, S.A.

Avena Foods

The Scoular Company

Batory Foods

Anchor Ingredients Co., LLC

Pulse Canada

Others

Key Segments of the Report

By Product Type:

As per Product Type, the industry has been categorized into Precooked whole pulses, Precooked flours, Flakes, Grits, Protein Solution (Isolate, Concentrate, Textured Protein, and Hydrolyzed Protein), Starch Solution, and Fiber Solutions.

By Pulses Type:

As per Pulses Type, the industry has been categorized into Beans (Faba Beans, Black Beans, and White Beans), Peas (Green Peas, Yellow Peas, and Chickpeas), and Lentils (Red Lentils, Green Lentils, and Yellow Lentils).

By End Use:

As per End Use, the industry has been categorized into Food Processing (Bakery & Confectionary, Meat Additives, Beverages, Protein and Nutrition Bars, Snacks and Cereals, Others), Foodservice, and Retail/Household.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Central Asia, Russia and Belarus, Balkan & Baltics, and the Middle East & Africa.

[foodandbeverages]

Pulses Market Size 2024 Global Industry Share, Top Players, Opportunities And Forecast To 2034

The global Pulses Market is set for robust growth over the next decade, with its market value expected to increase from USD 78.0 billion in 2024 to USD 135.2 billion by 2034, representing a CAGR of 5.7% during the forecast period. The growing demand for plant-based protein sources, coupled with shifting consumer dietary preferences, is driving the market’s expansion globally.

Asia-Pacific is projected to dominate the pulses market in terms of production and consumption, attributed to the dietary staple nature of pulses in the region. Meanwhile, North America and Europe are witnessing a surge in demand for pulses-based products, driven by a rising vegan population and increased interest in sustainable protein alternatives.

Technological advancements in pulse processing and the introduction of value-added products like pulse-based snacks, flour, and protein isolates are expanding market opportunities. Moreover, increasing awareness of the health benefits associated with pulse consumption, such as high protein and fiber content, is further boosting their adoption.

On the downside, challenges such as climate-dependent cultivation and volatile commodity prices pose risks to market stability. However, innovations in agricultural practices and government initiatives to promote pulse farming are mitigating these concerns.

Browse full Report: https://www.futuremarketinsights.com/reports/pulses-market

Key Takeaways from Market Study

The global pulses market is projected to grow from USD 78.0 billion in 2024 to USD 135.2 billion by 2034, reflecting a CAGR of 5.7%.

Asia-Pacific leads the market, accounting for the highest production and consumption volumes.

Pulse-based snacks and protein isolates are the fastest-growing product categories.

Technological advancements in processing are driving the adoption of pulses in new product segments.

Rising veganism and increasing focus on plant-based diets in North America and Europe are significant growth drivers.

“Pulses are rapidly becoming a cornerstone of the global push towards sustainable and nutritious food systems. With their high protein and fiber content, pulses are perfectly positioned to cater to the growing demand for plant-based diets. Strategic investments in agricultural innovations and the expansion of product offerings will further fuel market growth,” - says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Soaring Demand for RTE Foodstuffs to Drive the Sales of Pulses

Healthy eating has become a priority for both urban and rural consumers. As more consumers become conscious of the ill effects of sedentary lives, they are switching towards fiber-rich and low-fat diets. Consequently, the popularity of ready-to-eat foodstuffs has surged further strengthening the pulse-based instant snacks market around the world.

Market sales of pulse-based instant snacks are thus acquiring momentum globally in recent years. Pulses are being incorporated into pasta, bakery products, dry snacks, meat analogs, and cereal bars to improve their functionality. A growing focus on healthy eating is likely to sustain the demand for pulses in the long run.

Rising Government Support for Increasing Pulse Production

Governments are primarily concentrating on bridging the demand-supply gap, streamlining distribution processes by eliminating middlemen, and providing fair remuneration to the farmers. Such initiatives have yielded credible benefits, thus providing traction to pulses production, business, and market players around the world.

What are the Growth Opportunities in this Pulses Market?

Expansion in Processed Foods: Pulses are increasingly used in snacks, soups, and ready-to-eat meals, creating opportunities for manufacturers to innovate and cater to diverse consumer tastes.

Rising Veganism: Growing awareness of vegan and plant-based diets is boosting demand for pulse-derived protein alternatives.

Technological Advancements: Innovations in pulse farming and processing are improving yields and quality, reducing dependency on weather conditions.

Health & Wellness Trends: Pulses’ nutritional benefits align with rising consumer demand for healthier food options.

Key Companies & Market Share Insights

Leading companies in the Pulses Market include:

ADM (Archer Daniels Midland)

AGT Food and Ingredients Inc.

Cargill, Inc.

The Bühler Group

General Mills, Inc.

Ebro Foods, S.A.

These companies are actively investing in research and development, expanding their product portfolios, and forging strategic partnerships to gain a competitive edge.

Recent Developments

October 2024: ADM launched a new range of pulse-based protein products to cater to the growing vegan population.

June 2024: AGT Food and Ingredients announced the expansion of its processing facilities in Canada to meet rising demand.

March 2024: Bühler Group introduced advanced pulse milling technology aimed at improving yield and quality.

Key Segments of the Report

By Product Type:

As per Pulses type, the ecosystem has been categorized into chickpea, lentils, yellow peas, and pigeon peas.

By Form:

This segment is further categorized into whole, split, flour, grits, and flakes.

By End Use Application:

This segment is further categorized into business to business (food & beverage industry, pharmaceutical industry, cosmetic industry, nutraceutical industry, animal feed industry), household retail (store-based retail), hypermarkets or supermarkets, convenience stores, mass grocery retailers, wholesale stores, departmental stores, food & drink specialty stores, other retail forums (online (e-commerce)), food service (HoReCa), institutional (schools, universities, etc.), and others.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

[foodandbeverages]

Vegan Supplements Market In-depth Insights, Revenue Details, Regional Analysis by 2034

The global vegan supplements market is witnessing substantial growth, with its valuation estimated to be around USD 9.1 billion in 2024 and projected to expand to USD 17.7 billion by 2034. This represents a strong compound annual growth rate (CAGR) of 6.9% from 2024 to 2034. The surge in demand for plant-based alternatives, driven by growing consumer awareness around health, sustainability, and ethical considerations, is fueling this expansion. As more consumers embrace plant-based lifestyles, the market for vegan supplements is gaining traction, offering a wide range of products, including protein powders, vitamins, minerals, and other plant-derived nutritional supplements.

Key ingredients such as turmeric, beetroot, and Ayurvedic components like ashwagandha, shatavari, and amla are increasingly sought after due to their myriad health benefits. In addition, botanical ingredients such as ginseng, moringa, spirulina, and maca root are becoming more desirable for their nutritional and adaptogenic properties. As consumers continue to seek natural, plant-based solutions for better health, these ingredients play a crucial role in shaping the market landscape, catering to a growing demand for vegan and organic wellness solutions.

Key Takeaways:

Growing Market Size: The vegan supplements market is projected to expand from USD 9.1 billion in 2024 to USD 17.7 billion by 2034, at a CAGR of 6.9%.

Health-Conscious Consumers: Increased awareness of the health benefits of plant-based ingredients, including their ability to enhance overall wellness and prevent chronic diseases, is a primary driver of market growth.

Shift Toward Sustainable Choices: With environmental concerns on the rise, consumers are prioritizing products that align with their values, including sustainability and cruelty-free sourcing.

Popular Plant-Based Ingredients: Ingredients like turmeric, ashwagandha, spirulina, and maca root are gaining popularity for their proven health benefits, contributing to the expansion of the vegan supplements market.

Growth Drivers in the Vegan Supplements Industry:

The rise of plant-based lifestyles is undoubtedly one of the primary growth drivers for the vegan supplements market. More people are adopting vegan diets, whether for health, environmental, or ethical reasons. With increasing awareness around issues such as climate change, deforestation, and animal welfare, consumers are actively seeking products that reflect their values. This shift has led to a surge in demand for plant-based alternatives across various industries, including the supplement sector. As a result, vegan supplements are becoming a staple for individuals seeking to enhance their overall health while maintaining a sustainable lifestyle.

Moreover, the growing trend of preventive healthcare is accelerating the adoption of plant-based supplements. Consumers are becoming more health-conscious, focusing on nutritional supplements that support immunity, energy, mental health, and physical performance. Popular plant-based ingredients like turmeric, known for its anti-inflammatory properties, and ashwagandha, which is believed to reduce stress, are gaining recognition for their holistic health benefits. This focus on holistic well-being is expanding the scope of vegan supplements, with consumers seeking natural solutions to address specific health concerns, further driving market growth.

Access the full report for detailed market trends. https://www.futuremarketinsights.com/reports/vegan-supplements-market

Key Industry Challenges:

While the vegan supplements market is experiencing impressive growth, it faces some challenges. One of the primary obstacles is the need for better regulation and quality control. With the increasing demand for vegan products, the market has seen a rise in subpar supplements and misleading claims. This lack of regulation can lead to consumer distrust and potentially harm brand credibility.

Additionally, sourcing high-quality plant-based ingredients remains a challenge, as there is a need for consistent and reliable supply chains to meet growing demand. Factors like climate change, supply chain disruptions, and fluctuations in raw material costs can affect the availability of essential ingredients, impacting product production and pricing. The industry must adapt to these challenges by strengthening sourcing practices and focusing on sustainability to maintain consumer trust and long-term growth.

Key Industry Highlights:

Rising Popularity of Ayurvedic and Botanicals: Plant-based ingredients such as ashwagandha, turmeric, spirulina, and moringa are becoming highly sought after for their proven health benefits, contributing to the rise in vegan supplement sales.

Innovative Product Offerings: Companies are increasingly offering a wide range of vegan supplements that cater to different health needs, including protein powders, immunity-boosting formulas, and mental health supplements.

Vegan Certification & Transparency: As demand for vegan and cruelty-free products rises, companies are emphasizing transparency in ingredient sourcing and manufacturing processes, ensuring products meet rigorous vegan standards.

“As the demand for sustainable and health-conscious products continues to rise, the vegan supplements market is poised for long-term success. The industry's growth is indicative of a larger global shift towards plant-based lifestyles, with consumers increasingly choosing products that align with their health and environmental values. However, as the market evolves, the industry must focus on overcoming challenges related to regulation, sourcing, and quality assurance. By maintaining transparency, promoting innovative solutions, and ensuring sustainable practices, the vegan supplements market can continue its upward trajectory in the years to come.”, says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Global Vegan Supplements Sales Analysis (2019–2023) and Demand Forecast (2024–2034)

The global vegan supplements market experienced strong growth between 2019 and 2023, driven by increasing consumer awareness of plant-based health products and sustainability concerns. By 2024, a survey showed that 21% of individuals worldwide had incorporated vegan supplements into their daily routines, highlighting the growing adoption of these products.

During this period, the market saw significant product innovations, with formats like gummies and oral melts gaining popularity alongside traditional pills and capsules. Key ingredients such as ashwagandha, turmeric, and Vitamin B12 saw rising demand, particularly in Europe and Asia, fueling market expansion.

Looking ahead, the demand for vegan supplements is expected to continue growing from 2024 to 2034, with projected half-yearly CAGR values of up to 7.6%. This growth is expected to be particularly strong in Asia, where women’s health supplements are gaining traction in countries like India, China, and Japan.

In Europe and the Americas, the consumer base is also expanding, with 34% of women in European metro areas and 38% in Asia and the USA turning to vegan supplements for stress relief, hormonal balance, and beauty benefits. With the continued rise of online sales and innovative product formats, the global vegan supplements market is set for sustained growth over the next decade.

Leading Brands

Garden of Life

Vega

Sunwarrior

Deva Nutrition

Nutiva

MegaFood

Now Foods

MyProtein (UK)

Bulk Powders (UK)

Vivo Life (UK)

The Protein Works (UK)

Pulsin (UK)

Veganz (Germany)

Pure Encapsulations (Switzerland)

VegePRO (Thailand)

Olena (India)

Healthworks (India)

Plant Origins (Singapore)

OmVed Gardens (India)

Ayush Herbs (India)

Evolve Vegan Protein

Orgain

KOS

Ritual

Key Segments of the Report

By Ingredient Type:

As per Ingredient type, the industry has been categorized into Vitamins & Minerals Supplements, Iron Supplements, Omega 3 Supplements, Herbal Supplements, Protein and Amino Acid Supplements, Prebiotic Supplements & Probiotic Supplements and Botanical Supplements.

By Form:

As per form, the industry has been categorized into Tablets, Gummies, Chews, Softgels, Powder and Liquid Others (Lollipops, hard boiled candies)

By Customer Orientation Type:

This segment is further categorized into Men, Women, Senior citizens and Kids & Toddlers.

By Sales Channel:

This segment is further categorized into Hypermarkets/Supermarkets, Convenience Stores, Drug Stores and Pharmacies, Health and Wellness Stores, Other Retailers and Online Retailing.

By Health Concern:

As per Health Concern, the industry has been categorized into Weight Management, General Well-being, Immune Health, Bone & Joint Health, Heart Health, Digestive Health, Hair, Skin, and Nail Health and Muscle Building & Fitness.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

[foodandbeverages]

Kombucha Market: Global Segments, Top Key Players, Size And Recent Trends By Forecast To 2033

The global kombucha market is set for exponential growth, projecting a remarkable CAGR of 17.4% from 2022 to 2033. Starting at an estimated USD 3.4 billion in 2023, the market is anticipated to reach an impressive USD 17.1 billion by 2033, offering investors substantial opportunities for financial gains.

Unsafe alcohol consumption claims approximately 3 million lives annually, accounting for 5.3% of all global deaths, according to the World Health Organization (WHO).

The growing demand for natural and organic beverages is driving the rising popularity of kombucha. Known for its natural fermentation of bacteria and yeast, kombucha appeals to health-conscious consumers, particularly Millennials, as society shifts toward healthier eating habits and reduced alcohol consumption.

As a result, preferences for low- and non-alcoholic kombucha options are increasing. This shift toward healthier lifestyles, especially among Millennials, is fueling the growth of kombucha sales.

Information Source: https://www.futuremarketinsights.com/reports/kombucha-market

Growth Factors:

The introduction of fresh and different flavours, appealing to today’s experimental palate, has driven the market’s expansion even further. Kombrewcha is capitalising on this trend by delivering appealing flavours like blood orange and mango pineapple. This innovation, combined with the convenience of can and bottle packaging, broadens the market appeal and increases customer purchases.

Global Market Is Adjudicated by Regular Flavored Kombucha

As more people are willing to try new things, regular kombucha is in style. Variants of flavoured kombucha bottles are selling better than ever. The market’s dominant category is regular kombucha.

By 2033, the herbs and spices category might potentially control a sizeable portion of the global Kombucha market. Since major companies concentrate on creating flavoured fermented kombucha tea with various distinctive kombucha flavors by blending herbs and spices.

Regional Outlook

Between 2023 and 2033, North America may hold a sizeable portion of the hard kombucha market. In terms of market share, Europe trailed North America because of its robust distribution network and rising consumer awareness in the U.S. The demand for probiotic beverages and other functional beverages is expected to increase among office workers, which could fuel the rise.

During the forecast period, the hard kombucha market is anticipated to develop at the significant CAGR of 18.5% in Asia Pacific. Due to the easy manufacture of kombucha-based drinks and rising alcoholic beverage consumption. Growing health concerns among people and a number of governments increasing discretionary expenditures to promote alcohol could fuel kombucha industry expansion.

Key Takeaways

From 2023 to 2033, the regular category may expand at a CAGR of 16.3% by flavor in the kombucha drinks market.

The glass bottles category might develop at a CAGR of 12.0% from 2023 to 2033, according to the packaging segment.

Between 2023 and 2033, the Chinese kombucha drinks market might expand at a CAGR of 16.8%, reaching US$ 744.8 million.

Kombucha sales in France may have climbed at a CAGR of 15.4% by 2033 and may total US$ 773.4 million.

By 2033, the United States kombucha drinks market is expected to grow at a CAGR of 16.3% and reach US$ 4.6 billion.

By 2033, the United Kingdom market can have grown at a CAGR of 18%, reaching US$ 1.4 billion.

The Germany kombucha market could have expanded at a CAGR of 22.1% by 2033 and may have amounted to US$ 2.8 billion.

Investor Outlook:

For investors eyeing the kombucha market, the long-term perspective is optimistic. Future Market Insights projects consistent sales growth of above 15%, making it a lucrative investment opportunity. As the market expands, targeting diverse consumer groups and emphasizing health benefits will be pivotal for sustained success.

Competitive Landscape

A small number of significant international players have helped to consolidate the hard kombucha market. A number of businesses, including The Coca-Cola Company, Molson Coors Beverage Company, The Humm Kombucha LLC, The Hain Celestial Group, and Revive Kombucha, are concentrating on new product releases and strategic acquisitions to grow and strengthen their businesses.

Key players, who are using a variety of methods, such as new product releases, the growth of product portfolios, and mergers and acquisitions, have a majority of the market share.

Recent Development

Expansion

A firm called “GT’s Living Foods” has expanded the flavour options for its synergy Kombucha line in 2021. These two new summer variations, California Citrus and Lemon Berry, have drawn interest from potential customers and helped expand the client base.

Acquisition

Tetley Harris Food Group, which was originally a division of Tata Consumers Product firm, was fully acquired by US-based Harris Tea Company in April 2021, according to an announcement. The company strives to provide comprehensive end-to-end services to its clients.

[foodandbeverages]

Organic Cane Sugar Market 2024 Growth Drivers, Regional Outlook, Competitive Strategies and Forecast up to 2034

The global organic cane sugar market is set for significant expansion, with revenue estimated to rise from USD 8.79 billion in 2024 to USD 13.75 billion by 2034, reflecting a steady compound annual growth rate (CAGR) of 4.6%. Key drivers include evolving consumer preferences, product innovations, and an increasing demand for natural, organically produced food items.

The demand for organic cane sugar is steadily increasing, driven by growing consumer awareness of health and sustainability. As people become more conscious of the harmful effects of chemical-laden products, the preference for naturally sourced, minimally processed food has surged. Organic cane sugar, produced without synthetic pesticides or fertilizers, is gaining traction among health-conscious consumers seeking clean-label ingredients.

One of the key growth factors in the organic cane sugar market is the rising demand for natural sweeteners in food and beverage production. Consumers are increasingly looking for alternatives to conventional sugars and artificial sweeteners. The clean label movement, which emphasizes transparency in ingredients, has fueled demand for organic cane sugar as it fits into a healthier and more natural lifestyle.

Sustainability is another driving trend in this market. With environmental concerns at the forefront, consumers are drawn to products produced through eco-friendly methods. Brands are responding by adopting sustainable farming practices, such as precision farming, water conservation, and biodegradable packaging, which align with the values of eco-conscious consumers.

Additionally, technological advancements, such as cold-pressed processing, have allowed producers to preserve the nutritional benefits and natural flavor of organic cane sugar. Functional-infused sugars, incorporating health-promoting ingredients like turmeric and matcha, are also becoming popular, offering both sweetness and wellness benefits.

Get the full picture with our detailed report. https://www.futuremarketinsights.com/reports/organic-cane-sugar-market

Key Growth Drivers

Health Consciousness & Clean Label Movement: As awareness about the harmful effects of pesticide-laden conventional sugar grows, consumers are shifting towards organic alternatives. Organic cane sugar, free from synthetic additives and chemicals, is gaining popularity among health-conscious individuals who seek transparency in their food choices.

Rising Demand for Natural Ingredients: The clean label trend is pushing the food and beverage industry to adopt minimally processed ingredients. Organic cane sugar, known for its slow processing methods and retained nutritional value, is gaining significant traction in global markets.

Expanding Applications across Industries: Besides its widespread use in food and beverage production, organic cane sugar is increasingly used as a feedstock for renewable energy. The biofuel sector, particularly ethanol production, sees organic cane sugar as a key player in the transition toward cleaner energy sources.

Emerging Trends

Technological Advancements & Sustainable Packaging: With advancements like precision farming and sustainable irrigation, manufacturers are reducing costs while boosting yields. New packaging solutions, such as bio-resin and biodegradable materials, align with growing consumer demands for eco-friendly products.

Cold-Pressed Organic Cane Sugar Processing: The introduction of cold-pressed methods has revolutionized sugar processing, ensuring that sweetness, nutritional value, and natural flavors remain intact. This gentle process preserves essential nutrients like antioxidants, providing a more wholesome and flavorsome sugar alternative.

Functional-Infused Cane Sugars: Innovative products like turmeric, matcha, and adaptogen-infused cane sugars offer health-conscious consumers a blend of flavor and wellness benefits. These functional sugars combine natural sweetness with added anti-inflammatory, antioxidant, and stress-relieving properties.

The global organic cane sugar market is poised for growth, driven by increasing consumer demand for natural products. Key players like Global Organics, Ltd. and Louis Dreyfus Company lead the market. Says a Lead Consultant Nandini Roy Choudhury in Food and Beverage at Future Market Insights (FMI).

Sustainable Practices Drive Market Growth

Brands are increasingly focusing on sustainable production methods, incorporating responsible soil management and water conservation practices. Leading companies are prioritizing transparency and ethical sourcing to meet consumer demands. Notably, Raízen and ASR Group have collaborated to create sustainable supply chains, further solidifying the industry’s commitment to sustainability.

As health consciousness and environmental concerns continue to shape consumer preferences, the organic cane sugar market is expected to witness substantial growth in the coming decade. The market’s promising outlook presents lucrative opportunities for manufacturers and suppliers alike.

Key Takeaways

The global organic cane sugar market is expected to reach significant valuation by 2024.

Sales of organic cane sugar grew at a 3.9% CAGR between 2019 and 2023.

Key industry players include Global Organics, Ltd., Louis Dreyfus Company, and Wholesome Sweeteners, Inc.

North America is forecasted to capture a notable share of the market by 2024.

Sales are anticipated to grow at a 4.6% CAGR from 2024 to 2034.

The market is projected to reach substantial revenue by 2034.

Leading Organic Cane Sugar Brands

Global Organics, Ltd.

DO IT ORGANIC

Louis Dreyfus Company

Wholesome Sweeteners, Inc.

Indiana Sugars

International Sugars Inc.

US Sweeteners

Gillco Ingredients

ORGANICWAY FOOD INGREDIENTS INC.

ASR GROUP

Key Segments of the Report

By Form:

The global organic cane sugar industry overview based on granulated, liquid/syrup, and powdered forms is provided.

By Nature:

In terms of nature, the global native organic cane sugar market is categorized into refined and unrefined.

By Claim Type:

When it comes to product claim, the market is divided into USDA Organics, EU Organics, Fair Trade Certified, and Non-GMO Project Verified.

By Sales Channel:

Different sales channels include supermarkets/hypermarkets, convenience stores, specialty stores, online retail (company website, and e-commerce platform) and B2B.

By Application:

Different product applications include baking, frozen foods, preservation, confectionery, canning, beverages, toppings, pharmaceuticals, and cosmetics.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

[foodandbeverages]

Native Micellar Casein Market: Global Segments, Top Key Players, Size And Recent Trends By Forecast To 2034

The global native micellar casein market is projected to grow significantly, with sales estimated at USD 202.5 million by 2024 and forecast to reach USD 313.8 million by 2034, reflecting a steady CAGR of 5.5% over the assessment period of 2024 to 2034. This growth is attributed to the increasing demand for minimally processed, additive-free protein supplements, particularly among health-conscious consumers and fitness enthusiasts worldwide.

Native micellar casein, which is extracted directly from fresh milk through a cold microfiltration process, has gained popularity due to its unique attributes, including slow amino acid release and high nutritional content. Unlike other proteins like whey, native micellar casein provides a gradual increase in amino acids in the bloodstream, making it an ideal option for post-workout recovery and nighttime supplementation.

As the fitness and health-conscious population grows, the demand for high-protein, clean-label products continues to surge. Native micellar casein, known for its non-denaturing process and absence of additives, aligns perfectly with these consumer preferences. This trend is further fueled by the expanding application of native micellar casein in various food and beverage products, particularly in natural dairy products such as yogurts, fresh cream, and fermented desserts.

Additionally, the global shift towards minimally processed foods, especially in regions like Europe, where natural dairy products are highly popular, is accelerating the market growth for native micellar casein. The product’s increasing adoption in nutritional supplements and the sports nutrition industry further underscores its role as a key player in the evolving protein market.

Unlock Comprehensive Market Insights: https://www.futuremarketinsights.com/reports/native-micellar-casein-market

Key Features and Growth Drivers:

Purest and Most Natural Form of Protein Native micellar casein differs from regular micellar casein in terms of production, structure, and purity. Extracted through a cold microfiltration process, it is derived directly from fresh milk without the use of additives or chemicals. The minimal processing helps retain its natural structure, offering consumers a protein product that is close to its original form in milk with intact nutritional value. This pure and natural protein is gaining traction across a wide range of food and beverage applications.

Rising Demand Among Fitness Enthusiasts Native micellar casein’s slow-release properties make it ideal for post-workout recovery and nighttime supplementation. Unlike fast-acting proteins like whey, native micellar casein releases amino acids gradually, resulting in sustained nourishment of the muscles over a longer period. This makes it particularly appealing to fitness enthusiasts, gym-goers, and athletes who seek long-lasting protein intake to support muscle recovery and growth.

Applications in Natural Dairy Foods, Beverages, and Supplements The rising demand for high-protein dairy products, including yogurt, fresh cream, and desserts, is driving the growth of native micellar casein in the global market, especially in Europe. With its rich, creamy texture and high protein content, micellar casein is becoming a popular ingredient in processed dairy products. Its natural protein profile makes it an attractive option for manufacturers looking to enhance the nutritional value of their offerings.

Consumer Preference for Minimal Processed Foods Today’s consumers are more health-conscious than ever, increasingly favoring minimally processed foods free from added chemicals or additives. Native micellar casein’s clean label and minimal processing appeal directly to this growing market demand for natural, unaltered products. Manufacturers such as Lactilis Ingredients are leading the way, with products like Pronativ – Native Micellar Casein, which undergoes a cold filtration process to extract the protein directly from milk with minimal processing.

The global native micellar casein market is set to grow significantly, driven by rising demand for minimally processed, pure proteins. This protein, extracted through cold microfiltration, offers slow-release amino acids ideal for fitness enthusiasts and natural dairy products. Says aLead Consultant Nandini Roy Choudhury in Food and Beverage at Future Market Insights (FMI).

Key Takeaways:

Current Market Value: The global native micellar casein market is estimated to be valued at USD 202.5 million in 2024.

Historical Growth Rate: From 2019 to 2023, the market experienced a compound annual growth rate (CAGR) of 5.3%.

Leading Manufacturers: Key players in the native micellar casein market include Lactal is Ingredients, Ingredia, Noumi Nutritional Limited, and Friesl and Campina Ingredients.

Regional Market Share: North America is projected to hold a significant revenue share of 25.8% by 2024.

European Market Share: Europe is expected to account for 22.8% of global native micellar casein sales in 2024.

This table highlights the growing importance of native micellar casein in health and fitness markets across key countries globally.

Leading Native Micellar Casein Brands

lactalis Ingredients

Ingredia

Noumi Nutritional Limited

Le Lit New Nutrition

Ascent

Milk Specialties Global

Leprino Nutrition

Arla Food Ingredients

Friesland campina ingredients

Key Segments of Market Report

By Product Type:

As per product type, the target market has been categorized into Concentrate and Isolate

By Application:

As per the application, the target market is sub-segmented into Nutritional Beverages, Clinical Nutrition, Nutritional Powders and Bars, Health Supplements, Infant Nutrition, Senior nutrition, Active or sports nutrition, Dairy Products, Beverage and Smoothies.

By Sale Channel:

This segment includes different sales channels such as B2B and B2C (Speciality Stores, Modern Trade, Grocery Stores, Sports Stores, Online Channels)

By Region:

Industry analysis has been carried out in key countries of the regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

[foodandbeverages]

Vitamin and mineral Market Earnings Margins, Value Of Production & Consumption Demand Figures 2024 to 2034

The global vitamin and mineral market is estimated to be valued at USD 24.5 billion. Global sales of vitamins and minerals are expected to soar at 4.4% CAGR during the assessment period, totaling USD 37.8 billion by 2034.

Sales remain high for vitamin C, accounting for a value share of 27% in 2023. This is due to its multiple health benefits and increasing adoption in food and beverage sector. The target segment is poised to record a CAGR of 4.2% through 2034.

Several factors are expected to drive growth of the vitamin and mineral market during the forecast period. These include rising focus on health and wellness, surging demand for fortified foods, and increasing geriatric population.

Today, more and more consumers are prioritizing their health as the prevalence of chronic diseases continues to increase. This is creating immense demand for supplements, especially vitamins and minerals, and the trend will likely continue through 2034.

Consumers are seeking supplements like vitamin D, vitamin C, iron, calcium, and others to improve their health and reduce the risk of disease development and acquisition. Thus, high consumption of these supplements is set to drive the target industry forward.

Several food and beverage manufacturers are integrating vitamins and minerals in their products to meet growing consumer demand for fortified food and beverages. This will likely open new growth windows for companies throughout the forecast period.

Explore the full report for expert analysis. https://www.futuremarketinsights.com/reports/vitamin-and-mineral-market

Key Takeaways from Market Report:

The global market value is anticipated to total USD 37.8 billion in 2034.

Based on type, vitamin C segment is to record a CAGR of 4.2% through 2034.

By application, food and beverages segment dominated the industry with a share of 36% in 2023.

China is projected to register a CAGR of 5.2% through 2034.

Sales in the United States are slated to total USD 6.8 billion by 2034.

South Korea will likely exhibit a CAGR of 7% between 2024 and 2034.

“Growing popularity of preventive healthcare and rising incidence of deficiency diseases are expected to create growth opportunities for the vitamin and mineral industry during the forecast period.” – Nandini Roy Choudhury, Client Partner at Future Market Insights.

Who is Winning?

Abbott Laboratories, Amway, Bayer AG, Nature’s Way Products, LLC, and Novartis International AG are few key players listed in the report. Developing novel supplements for different demographics is becoming a key strategy for industry players globally.

Many companies are implementing marketing and branding strategies to stay relevant in the market. Similarly, strategies like partnerships, collaborations, acquisitions, mergers, and distribution agreements are becoming popular among players.

Leading Vitamin and Mineral Brands

Abbott Laboratories

Amway

Bayer AG

CSPC Pharmaceutical Group

Daiichi Sankyo

Eisai Co., Ltd.

GNC Holdings, Inc.

Hainan Yangshengtang

Koninklijke DSM N.V.

Nature’s Way Products, LLC

Novartis International AG

Otsuka Holdings Co. Ltd.

Pfizer Inc.

Pharmavite LLC

Roche Holding AG

Salus Haus

Sanofi S.A.

Industry Updates:

In January 2024, Bimeda, Inc. launched BOVitalize in the United States. The new oral vitamin and mineral supplement is designed for dairy cows, beef, bulls, and ruminating calves.

Want More Insights?

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global vitamin and mineral market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights based on type (vitamin C, vitamin D, calcium, iron, zinc, magnesium, and others) and application (food and beverages, dietary supplements, pharmaceuticals, personal care products, and others) across several regions.

Key Segments of the Market Report

By Type:

Based on type, the industry is segmented into vitamin C, vitamin D, calcium, iron, zinc, magnesium, and others.

By Application:

Popular product applications include food and beverages, dietary supplements, pharmaceuticals, personal care products, and others.

By Region:

Vitamin and mineral market analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

[foodandbeverages]

Bouillon Cube Market: Global Segments, Top Key Players, Size And Recent Trends By Forecast To 2034

According to Future Market Insights (FMI), the bouillon cube market is estimated to be worth USD 6.9 billion in 2024. Global bouillon cube demand is set to progress at a CAGR of 4.5% during the assessment period. By 2034, it is forecast that the market value will have reached USD 10.8 billion.

Bouillon cubes, with their tiny size, are emerging as a supreme convenience food. With work taking over the lives of the young population, there is felt more of a need for convenience food and products like bouillon cubes are stepping in. The product is also enjoying popularity as a snack for children and being a part of school lunches.

Producers are striving to increase consumer confidence in bouillon cubes through the integration of organic ingredients. As the food and beverage sector embraces organic and non-GMO ingredients, all-natural bouillon cubes are all the rage.

Further refining is done through the increase in the manufacture of vegan and vegetarian bouillon cubes. As the clamor for cruelty-free products climbs, the market stands to benefit. Technology advancement to enhance the taste profiles of the products is being looked at heavily.

There are, however, certain factors that limit growth. Some consumers think that considering the size of the product, the price is not worth it. Plastic packaging and the use of preservatives in the making of the product are other obstacles the market has to overcome.

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Key Takeaways from the Bouillon Cube Market

The bouillon cube market value is anticipated to total USD 6.9 billion in 2024.

Based on type, vegetable segment held a market share of 45% in 2023.

By distribution channel, supermarkets and hypermarkets segment accounted for a market share of 62% in 2023.

South Korea is projected to record a CAGR of 7.0% through 2034.

China and Japan are poised to register CAGRs of 5.3% and 6.2%, respectively.

“Manufacturers are cognizant of the consumer inclination towards consuming healthy products. Thus, gluten-free and low-sodium versions of the product are making a splash in the market. Producers thus see making the product healthier as the way to go.” says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.)

Who is Winning?

Manufacturers are heavily investing in Research and development activities. Mergers and acquisitions are common strategies for industry players. Some of the prominent companies in the market include Unilever, Nestle S.A., Hormel Foods, Kraft Heinz Company, and Bou Brands LLC.

Recent Developments in the Bouillon Cube Market

In December 2023, the Knorr’s Mini Bouillon Bag was launched. Designed by MullenLowe UK, it is a bag tailored to fit one single Knorr bouillon cube.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides a thorough, detailed, and unbiased analysis of the global bouillon cube market, presenting historical demand data for the years 2019 to 2023 and forecast statistics for the years 2024 to 2034.

The study provides compelling industry insights based on type (vegetable, beef, meat, fish, and others) and distribution channel (supermarkets and hypermarkets, convenience stores, online retail, and others) across several regions.

About the Food & Beverage Division at Future Market Insights:

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

[foodandbeverages]

Nitro Tea Market Earnings Margins, Value Of Production & Consumption Demand Figures 2024 to 2034

The nitro tea market value is estimated to be worth USD 27.3 million in 2024. Global nitro tea demand is set to progress at a CAGR of 7.8% during the assessment period, total market value is projected to reach USD 58 million by 2034.

Nitro tea’s adoption is shooting up as consumers are preferring their tea to be healthy while still giving the familiar whiff of the renowned drink. The antioxidant properties of nitrogen-based tea are thus earning it more consumers. The overall popularity of nitro drinks is also responsible for the tea product’s proliferation.

Ready-to-drink beverage versions of the product are becoming popular as consumers prefer convenience in their drinking. The online boom helps too as it ensures consumers do not have to go out of their way to procure these drinks.

Manufacturers are focused on reducing the cost associated with manufacturing to increase profit margins. Manufacturer focus is also being pulled towards packaging. Attractive packaging that draws in consumers is seen as the way to forge ahead in the market.

There are, however, certain factors that limit growth. The limited availability of usable nitrogen gas, especially in areas where nitrogen beverages have not made a big impact, is a concern. Lack of knowledge about the drink is also an industry negative.

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Key Takeaways from the Nitro Tea Market

The nitro tea market value is anticipated to total USD 27.3 million in 2024.

By product type, nitro ginger ale green tea held a market share of 28% in 2023

Specialty tea stores accounted for a value share of 62% in 2023.

South Korea is projected to record a CAGR of 10.0% through 2034.

China and Japan are poised to exhibit CAGRs of 8.6% and 9.1%, respectively.

Sales in the United Kingdom will likely soar at 9.1% CAGR through 2034.

“Manufacturers are cognizant of the trend that consumer interests are fickle. Thus, they are focusing on introducing new flavors in the market. Thus, diversity in the product line is seen as the key moving forward,” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Who is Winning?

Making versions of nitro tea available at an economic price is being practiced by manufacturers to improve demand. The rate of new entrants coming to the market is also high. Few of the prominent companies in the market include Starbucks, Caveman Coffee Company, BonaFide Nitro Coffee & Tea, East Forged, and Rise Brewing Co.

Recent Developments in the Nitro Tea Market

In December 2023, market player Twrl Milk Tea teamed up with Whole Foods Market to expand its presence and boost sales.

In May 2024, ready-to-drink (RTD) Cold Brew Nitro Tea brand East Forged won the Best Processing Award at the Hive Awards.

Below is an in-depth analysis of the Nitro Tea market with country-wise insights:

United States

Market Trends:

Consumer Preference: Strong demand for innovative and health-conscious beverages.

Café Culture: High adoption in specialty cafes and coffee shops.

Health Awareness: Growing inclination towards low-calorie and sugar-free options.

Key Players:

Starbucks, Dunkin’ Brands, and niche local cafes.

Market Size & Growth:

Expected steady growth with increasing consumer awareness and product availability.

Canada

Market Trends:

Health & Wellness: Rising demand for healthy beverages.

Seasonal Variations: Increased consumption during warmer months.

Key Players:

National chains like Tim Hortons and independent cafes.

Market Size & Growth:

Moderate growth with a focus on organic and natural ingredients.

United Kingdom

Market Trends:

Innovation: Strong emphasis on new product launches and flavor innovations.

Retail Expansion: Growing presence in retail stores and supermarkets.

Key Players:

Costa Coffee, Pret A Manger, and various artisanal tea brands.

Market Size & Growth:

Rapid growth driven by increasing consumer interest in premium tea experiences.

Germany

Market Trends:

Sustainability: High consumer interest in sustainable and eco-friendly products.

Tea Culture: Established tea culture facilitating market entry.

Key Players:

Independent tea shops and European chains.

Market Size & Growth:

Positive growth with a focus on organic and fair-trade products.

Japan

Market Trends:

Tea Tradition: Strong existing tea culture and consumer openness to innovation.

Convenience: High popularity in convenience stores and vending machines.

Key Players:

Ito En, Kirin, and other local beverage giants.

Market Size & Growth:

Significant growth potential due to high consumer interest in innovative tea products.

Want More Insights?

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global nitro tea market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights based on product type (nitro ginger ale green tea, nitro hibiscus tea, nitro matcha tea, nitro peach tea, nitro masala tea, nitro strawberry tea, and others), distribution channel (specialty tea stores, supermarkets, convenience stores, online stores, and others), and end user (individual consumers, HoReCa, and institutional) across several regions.

[foodandbeverages]

Citrate Market: Applications and Regional Insights During the Forecasted Period 2023 to 2033

According to Future Market Insights, the anticipated worth of the worldwide citrate market in 2022 was USD 851.94 million. Sales of citric acid are predicted to reach USD 1422.97 million by 2033 thanks to shifting customer tastes, with a forecasted CAGR of 4.7% from 2023 to 2033.

Citrate and its derivatives are versatile substances that are employed in a variety of industrial applications. Citrate, which is generated from citric acid, is utilized in pharmaceutical, food, housekeeping, personal care, and other industries. A wide variety of citric acid salts are included in citrate, including zinc citrate, calcium citrate, magnesium citrate, potassium citrate, and others. Most often, citrate is employed in food as a preservative or flavoring. It serves as a flavoring ingredient in a variety of processed foods, including cheese, soda, ice cream, and ready-to-drink drinks.

Citrate is also employed as a buffering agent and to regulate pH levels in a variety of medicinal, home cleaning, and food and beverage applications. Furthermore, it serves as a chelating agent as well as an emulsifier in various kinds of cosmetics and personal care products.

The popularity of processed food among consumers is rising. Maintaining product quality and boosting nutritional value is still the top priority for food sector producers. Citrate is being used more often in the food industry as a result of changing consumer dietary habits and increased demand for processed foods. A profitable opportunity for development is being created by the rising premiumization, self-care trend, and E-commerce penetration.

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Key Takeaways from the Market Study

Global market for citrate is expected to be valued at US$ 851.94 million by 2023

Sales of citrates increased at a 3.1% CAGR between 2018 and 2022.

In terms of global share, potassium citrate has the largest market share, accounting for 42.5% of the market in 2022.

In 2022, citrates in powder form retained the largest market share at 92.5%.

With an 86% market share in terms of the value of the citrate market in 2022, the United States is expected to continue to be one of the most profitable markets during the forecast period.

Germany holds a sizeable portion of the European citrate market and is anticipated to expand at a CAGR of 3.3% during the anticipated period.

“Citrate serves as a vegan food component since it doesn’t contain any animal products in its manufacture or raw ingredients. Citrate will increasingly be used in food and beverage goods as there is a rising desire for vegan meals.” remarks an FMI analyst.

Competitive Landscape

Prominent players in the citrate market are:

Cargill, Inc.

Archer Daniels Midland Company

Tate & Lyle PLC

Jungbunzlauer Suisse A

Shandong Juxian Hongde Citric Acid Co., Ltd.

A. Citrique Belge N.V.

Weifang Ensign Industry Co., Ltd.

RZBC Group

Gadot Biochemical Industries Ltd.

Some key developments of the leading companies in this market are:

In 2023, Jungbunzlauer Suisse AG sought to assist its customers by producing goods that were safer and more environmentally friendly in accordance with its goal, “From nature to ingredients.” To efficiently eliminate rust while keeping the integrity of the base metal, the business started producing citric acid through the fermentation of renewable raw resources, such as carbohydrates from maize.

ADM purchased Comhan, a significant South African flavor distributor, in February 2022. The company’s manufacturing and supply chains for cutting-edge flavored goods were extended as a result of the purchase, which allowed it to grow its presence in South Africa.

More Valuable Insights Available

Future Market Insights offers an unbiased analysis of the global citrate market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the citrate market, the market is segmented on the basis of citrate by product type (calcium citrate, potassium citrate, sodium citrate, magnesium citrate), form (powder, liquid), application (wet food & beverages, pharmaceutical, animal feed, nutraceuticals, industrial) and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

About the Food and Beverage Division at Future Market Insights

The food and beverage team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

[foodandbeverages]

Saffron Derivatives Market 2023, by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2033

Future Market Insights (FMI) predicted that the saffron derivatives market would be valued at USD 33.9 million in 2023. It is anticipated to reach USD 97.3 million by 2033. The market is expected to flourish at a CAGR of 11.0% from 2023 to 2033.

Demand for saffron derivatives is being driven by increasing awareness of the potential health benefits associated with these products. A few of these include mood enhancement and cognitive function improvement.

Rising trend for natural and herbal remedies has fueled usage of saffron derivatives as an organic alternative in the health & wellness sector. Moreover, expanding application of saffron derivatives in various other sectors, including pharmaceuticals, cosmetics, and food, has created new market opportunities.

Ongoing research and development efforts focused on saffron derivatives are driving innovation, leading to the introduction of new and improved products. As more and more consumers use mobile devices to order necessities, e-commerce continues to gain rapid traction around the world.

Rapid digitalization has resulted in the strong penetration of e-commerce into Europe, as well as North America. Online sales through e-commerce have pressurized the sector to optimize its sales channels.

Traditional retail models are still used for sales. Hence, people in any part of the world can buy saffron and saffron-based dietary supplements from suppliers via e-commerce websites. In addition, e-commerce has helped to increase awareness of supplements that enhance mood and prevent occasional sleeplessness.

Supplements manufacturers have access to experienced physicians and dietitians as consumers prefer more individualized care. Customized supplements are a particularly alluring solution as millennials consider how to best support their health and well-being. Personalized supplements are a technology-driven strategy that uses online questionnaires, and they go well with the current online purchasing trend.

While several people are actively focusing on their general health and well-being, a few people are still against the idea of consuming dietary supplements. Necessity for specially formulated dietary supplements that cater to specific needs should be acknowledged by producers in order to draw in these potential ‘consumers of future.’

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Key Takeaways from the Saffron Derivatives Market Report:

The global saffron derivatives market grew at a CAGR of 2% from 2018 to 2022.

The United States saffron derivatives market is set to elevate at a CAGR of 0% from 2023 to 2033.

India saffron derivatives market is projected to hold a robust share of 7% in 2033.

Based on product type, affron is estimated to hold a global market share of 1% in 2033.

Based on end use, the cognitive health segment is expected to reach a market value of US$ 41.9 million in 2033.

“The primary goal of dietary supplement consumption has always been to maintain health and wellness. Hence, during the projected period, it is anticipated that growth in preventive healthcare will increase sales of nutraceuticals such as affron- and saffserene-based supplements.” – Says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

Leading companies are actively expanding their product portfolios through the introduction of new offerings. They would also employ various strategies, including targeted advertisements, strategic partnerships, acquisitions, agreements, and mergers, to further solidify their position in the market. By adopting these approaches, these companies aim to enhance their competitiveness and sustain their growth in the dynamic business landscape.

For instance,

An American start-up company called Rumi Spice specializes in buying saffron directly from Afghan farmers. It was established in 2014 with the purpose of empowering Afghan farmers and offering consumers high-quality saffron products.

The Saffron Company, headquartered in the United Kingdom, specializes in locating and marketing premium saffron goods. It was founded in 2012. Since then, it has been actively involved in the saffron sector.

Get More Valuable Insights into Saffron Derivatives Market Report

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global saffron derivatives market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

Saffron derivatives market is segmented into product type (affron and saffserene), end user (sports nutrition, healthy ageing, metabolic and weight management, cognitive health, women’s and men’s health, and immune health), and region.

Saffron Derivatives Market Outlook by Category

By Product Type:

Affron

Saffserene

By End User:

Sports Nutrition

Healthy Ageing

Cognitive Health

Women’s and Men’s Health

Metabolic and Weight Management

Immune Health

By Region:

North America

Europe

Latin America

South Asia

East Asia

Oceania

Middle East & Africa

[foodandbeverages]

Crude Sulfate Turpentine Market 2023, by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2033

The crude sulfate turpentine market is expected to value at USD 563 million by 2023. The whole market value is estimated to reach USD 947.8 million by 2033, expanding at a CAGR of 5.0% between 2023 and 2033.

The crude sulfate turpentine market is predicted to expand significantly due to rising demand for bio-friendly goods. Crude sulfate turpentine is in high order due to its numerous applications, particularly in solvents, adhesives, and thinners in the chemical sector.

Increasing Need for Crude Sulfate Turpentine in the Automotive Industry:

Due to its many beneficial qualities, including its outstanding chemical, solvent, abrasion, and adhesive properties, crude sulfate turpentine is widely utilized in the automobile industry for car refinishing paints. Consequently, the expanding automotive sector is anticipated to increase demand for crude sulfate turpentine and propel market expansion.

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Crude Sulfate Turpentine is Used a Lot in Thinner:

The most common usage of crude sulfate turpentine is as paint thinner in decorative and domestic coatings. Turpentine was once used to light printer ink. Still, as industry demand has grown, it has started to be utilized as a diluent or solvent for various goods, including modified or natural binders, paints, resins, oils, and polishes.

Increasing Need for Crude Sulfate Turpentine in the Paint & Coatings Sector:

Various end-user applications for crude sulfate turpentine in the paint and coating sector, such as its use as binders or film formers in paints and coatings, are expected to drive the market's growth rate from 2023 to 2033.

During the forecast period, factors such as increasing paper production, rising demand for bio-friendly products across a variety of industries, availability of low-cost raw materials, and rising demand for fragrance ingredients, which previously primarily required crude sulfate turpentine—are anticipated to boost the market growth significantly.

Price fluctuations in raw materials:

The volatility of crude raw material prices affects the supply of raw materials to manufacturers, who are forced to boost the pricing of their crude sulfate turpentine to compensate for market losses. These key factors impede crude sulfate turpentine demand and limit market expansion.

Regional Outlook:

Due to the existence of significant exporters, North America has become a prominent regional crude sulfate turpentine market. It continues to hold a hegemonic status.

Europe had a substantial market share and is expected to grow. The strong demand for natural ingredients in cosmetics and personal care products fuels this trend. Strong personal care manufacturing bases may be found in nations like the United Kingdom, France, and Germany, which suit the crude sulfate turpentine industry.

The rapidly expanding regional market in the Asia Pacific is driven by rising consumer demand for cosmetics and personal care products in developing nations like China and Japan. China, the world's top turpentine producer, uses indigenous production facilities to meet a sizable amount of its domestic crude sulfate turpentine demand.

Key Takeaways:

The United States might increase its market share by 18.7% between 2023 and 2033.

Between 2023 and 2033, Germany may hold 3.0% of the crude sulfate turpentine industry.

Japan's share of the crude sulfate turpentine industry could reach 3.3% between 2023 and 2033.

Australia to hold a 2.7% share of the crude sulfate turpentine market from 2023 to 2033.

During the forecast period, China crude sulfate turpentine business to expand at a CAGR of 7.4%.

From 2023 to 2033, the United Kingdom crude sulfate turpentine industry registered at a 17.7% CAGR.

Through 2033, the Indian crude sulfate turpentine market is likely to record a CAGR of 3.6%.

The alpha-Pinene segment of the product type category is predicted to have a market share of 52.6% by 2033.

The oil segment is to hold a heavy market share of 89.9% in the form category between 2023 and 2033.

The Beta-Pinene segment is to acquire a substantial market share of 18.8% in the product type category between 2023 and 2033.

The Sulfate Distilled sector to grab a significant market share of 63% in the processing category between 2023 and 2033.

Competitive Landscape:

The crude sulfate turpentine manufacturers are drastically lowering manufacturing costs while maintaining sustainability by using renewable feedstock and renewable leftovers from other industries as beginning raw materials. The main goal of the new competitors is to offer a successful method of rectifying crude sulfate turpentine.

In addition to applying biotechnology to create hybrid trees and improved forest management practices to generate crude sulfate turpentine, producers are concentrating on sourcing sustainable raw materials.

Novel Advancements:

      1.   Acquisition

In May 2022, Weyerhaeuser Company successfully acquired 80,800 acres of timberlands in North and South Carolina for US$ 265 million.

      2.   Partnership

In May 2022, Kraton Corporation partnered with Tree-Nation to plant pine trees, emphasizing their commitment to sustainability and offsetting CO2 emissions.

Key Segmentation:

By Product Type:

Alpha-Pinene

Beta-Pinene

Camphene

Limonene

3-Carene

Terpinolene

By Source:

Powder

Oil

By Processing Method:

Steam Distilled

Destructively Distilled

Sulfate Distilled

Sulfite Distilled

By Application:

Printing Industry

Paints

Printer's Ink

Veterinary Medicine

Stimulant Diuretic

Anthelmintic

Carminative

Expectorant

Cosmetics and Personal Care

Fragrances

Cosmetics Products

Massage oils and Aromatherapy

Tires Industry

Plastic industry

Rubber Industry

Others