#Asia Plant Based Food Market price

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Asia Plant Based Food Market - Forecast 2022 - 2027

Asia Plant Based Food Market Overview

Asia Plant Based Food market size was valued at $ 17,473million in 2020, and is anticipated to grow at a CAGR of 10.8% during the forecast period 2021-2026. Plant based food is primarily obtained from plants. It includes fruits, vegetables, oils, whole grains, legumes, and seeds among others. Plant based food are high in fiber and water content that increases the energy. It helps to prevent diabetes by reducing insulin resistance and improving insulin sensitivity. Increasing prevalence of chronic diseases along with the population explosion contributes to increased demand of plant based food in Asia. Increasing inclination of consumers towards vegetarian food, increasing use of plant based food in beverages, and rising prevalence of diabetes are the main drivers for Asia Plant Based Food Market. Additionally, technical advancement in food and beverage sector is also increasing the growth of the market during the forecast period 2021-2026. The Asia Plant Based Food industry growth rate is attributed to the various governmental initiatives coupled with the growing awareness regarding neonates’ care which is poised in bringing new opportunities. 

Report Coverage

The report: “Asia Plant Based Food Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Asia Plant Based Food Market:

By Source: Fruits, Vegetables, Seeds & Nuts, Legumes, Whole Grains and Others.

By Product Type: Foods and Beverages.

By Distribution Channel: Modern Trade, On Premise and General Trade.

By Geography: China, Japan, India, Malaysia, Philippines, South Korea, Indonesia, Taiwan and Rest of Asia.

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Key Takeaways

Country wise, China region held the highest market share in 2020.

The factors such as the increasing demand for plant based foods and increasing awareness regarding the health benefits related with the use of plant products are amongst the major factor projected to impel growth of Asia Plant Based Food market.

Additionally, factors such as government measures and increasing competition for vegetarian and vegan products are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.

Asia Plant Based Food Market Segment Analysis - By Product Types

On the basis of product types, beverages segment accounted for the largest segmental revenue of the Asia plant based food market in 2020. The large share can be attributed to the increasing number of lactose intolerant consumers and the various nutritional benefits offered by plant based food products. Increasing incidences of animal milk allergies and hypercholesterolemia is increasing the demand of the plant based beverages among the consumers thereby, increasing the growth of the Asia Plant Based Food Market.

On the other hand, food segment is projected to dominate over the forecast period 2021-2026 with a CAGR of 12.1%. The food segment is to witness a surge in growth owing to the increasing adoption of vegetarian or vegan lifestyle among consumers increasing the adoption of plant based foods that increases the demand of foods and are plant based which expands the growth of Asia Plant Based Food Market. Furthermore, various regulatory bodies are promoting plant-based diets through various offline and online channels such as advertisement and social media channels owing to various benefits of plant-based foods that expand the production of plant based foods and are rising the growth of this market.

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Asia Plant Based Food Market Segment Analysis - By Distribution Channel

In 2020, on the basis of distribution channel, modern trade segment accounted for the largest segmental revenue of the Asia plant based food market on account of the fact that the demand for modern trade segment is increasing owing to the growing number of supermarkets and hypermarkets along with the increasing number of sales with easy availability and accessibility. Moreover, this segment is projected to witness healthy growth throughout the forecast period 2021-2026 with a CAGR of 11.3% since there is an increasing expense on vegan food products and this is also set to increase the growth of the market during the forecast period 2021-2026.

Asia Plant Based Food Market Segment Analysis - By Country

China is the major region dominating the Asia Plant Based Food market with a market share of 37.9% in the year 2020. This can be attributed to the rising demand for ready-to-eat products, increasing innovation of new plant based products and growing investments in R&D activities, thereby increasing the growth of the market in China. Furthermore, China is projected to be the significant-growing market during the forecast period 2021-2026 owing to increasing number of plant based food products in China that are investing to expand their coverage and is set to increase the growth of the Asia Plant Based Food Market in China over 2021-2026. Apart from this, rising adoption of technologies for product innovation and increasing investments by government in food research & development is increasing the growth of the market in Asia Pacific region.

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Asia Plant Based Food Market Drivers

Growing Awareness of Protein Diet for Health & Immunity Growth 

The Asia plant based food market is poised to receive upswing owing to the fact that in the current pandemic situation, most customers are purchasing protein-based supplements to enhance their health and immunity, as well as a growing understanding of the value of immunity. The increased demand for protein ingredients in Plant Based Food has fueled the demand for these ingredients. Furthermore, Plant proteins, for instance, have a lower content of essential amino acids than animal proteins, significantly less limiting amino acids. The various rating systems currently used to determine protein quality from plant sources aid in raising the market sales growth. Plant-based proteins and their capacity for reducing and preventing metabolic syndrome, diabetes management, and weight management are the various rating systems currently used to determine protein quality from plant sources. According to a study published in Research Gate, protein supplements were the most commonly consumed form of dietary supplement among those who had consumed dietary supplements at some point in their lives. Growth in the Asia Plant Based Food is driven by rising health consciousness, contributing to the consumption of functional and nutritious foods among consumers.

Rise In Product Sales Owing To Use Of Online Sales Channels

Plant proteins are readily available and there is a growing demand for the finished goods. This has caused the number of small-scale producers to increase the business. Such manufacturers face the burden of different costs if conventional sales strategies are selected. With the rise in online sales channels in recent years, more manufacturers are able to enter the market and sell products without associated costs such as that for logistics, storage and more. Online sales channels offer freedom of sales and shipping to various countries as well with help of online marketplace. Green Monday, a plant-based Chinese start-up, announced in May 2020 that COVID-19 had caused its online sales to more than double in the previous two months. Omni pork, a pork substitute used in dumplings, noodles, and rice, was one of the most common purchases. When companies gain a better understanding of their target audience, they may also develop marketing strategies. Such companies focus their product creation and marketing efforts on consumer desires, showcasing their creativity, efficiency, and product protection in response to their customers' needs. Furthermore, most vendors are now using online platforms to sell their goods and their buyers prefer online channels since they have a larger selection and variety of products to choose from. The ease of purchasing and availability of items, in addition to the low price, have fueled the use of online platforms.

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Asia Plant Based Food Market Challenges

Significant Preference For Animal-Based Products Restrict The Market Growth 

One of the major factors lowering the Asia Plant Based Food unit sales is owing to the fact that livestock animals play an important role in human health and well-beings. Meat production and consumption have risen dramatically in recent decades, especially in developing countries. Global demand for livestock products is expected to rise 70% by 2050, according to the OECD-FAO, owing to population growth and increasing affluence. Animal proteins come from animal products like eggs, milk, meat, and fish. Since they produce and provide sufficient quantities of essential amino acids, animal-based products are also referred to as higher-quality proteins. Plant-based products, on the other hand, have limited quantities of certain (but not all) amino acids. Western diets now contain a significant amount of animal protein. Animal sources account for about two-thirds of dietary protein, according to the National Diet and Nutrition Survey 2018. Significant investments in processing are especially important in the case of plant-based dairy substitutes, since they often require large amounts of oil, fats, and added nutrients to mimic the taste of their animal-based counterparts. This restriction, however, can be overcome if manufacturers find ways to reduce the amount of time and money spent on processing. Moreover, it also raises the cost of the final end products and leads to a rise in the demand for cheaper.

Asia Plant Based Food Market Landscape

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Asia Plant Based Food market. In 2020, Asia Plant Based Food market share is fragmented by the top ten players present in the market. The Asia Plant Based Food market top 10 companies are Beyond Meat Inc., Premier Foods PLC, Garden Protein International Inc., Amy’s Kitchen Inc., The Hain Celestial Group Inc., Nestle SA, Fresh Del Monte, General Mills, Ningbo Sulian Food, Whole Perfect Food Co. Ltd. and others.

Acquisitions/Product Launches

In April 2021, Beyond Meat Inc has expanded its production by opening a production facility in Shanghai to potentially reduce the carbon footprint of its products and to tap the country’s supply chain resources. This facility also focuses on R&D responsibilities to invent new plant-based products for the region.

In February 2021, Nestle has launched plant-based food products in Thailand owing to the growing demand for plant-based alternatives which are friendly to the environment and contain nutritional benefits. The company has launched plant-based food products under its gourmet brand to capture wellness trends.

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Organic Bread Flour Market - Forecast (2022-2027)

Organic Bread Flour Market size is forecast to reach $887.9 million by 2027, growing at a CAGR of 6.9% during the forecast period 2022-2027. Organic bread flour is a type of flour milled from wheat that is grown and processed without using harmful synthetic fertilizers and pest control chemicals. Moreover, organic wheat farmers also undertake innovative crop rotation practices in order to minimize the risk of pests and plant diseases. Moreover, only natural preservatives can be used during processing in order for the flour to be certified as organic by an independent agency. Some of the most common kinds of organic bread flour include wholegrain and sprouted grains. Organic bread flours are primarily used for baking goods such as pastries, biscuits, or scones. Organic flour along with a leavening agent such as yeast enables bakers to produce puff pastry items. This is because yeast baking causes the dough to rise owing to carbon dioxide gas produced by it during the baking process.

Growing health consciousness among consumers post the COVID-19 pandemic and the increasing awareness regarding adverse effects of food products containing synthetic pesticide traces are some of the key factors driving the growth of the market during the forecast period 2022-2027. 

Organic Bread Flour Market Report Coverage

The report: “Organic Bread Flour Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Organic Bread Flour Market.

By Type: Organic whole grain wheat flour, Organic brown wheat flour, Organic sprouted wheat flour, and Others.

By Distribution Channel: Supermarkets and Hypermarkets, Specialist Retailers, Independent Stores, Convenience Stores, Online Retailers, and Others.

By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Columbia and Rest of South America), and Rest of the World (Middle East, and Africa)

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Key Takeaways

North America dominated the Organic Bread Flour Market in the year 2021 owing to the rapid rise in the number of certified organic farmers in North America. This has also helped bring down the prices of organic bread flour products in the region.

The growing need for consuming healthy food among urban populations coupled with the implementation of more stringent regulations regarding the use of synthetic pesticides and fertilizers in developed regions is anticipated to drive the market during the forecast period 2022-2027.

Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Organic Bread Flour Market report.

Lack of adequate regulations regarding synthetic pesticides and low awareness levels among consumers in developing regions is anticipated to hamper the market growth of the Organic Bread Flour Industry.

Organic Bread Flour Market Segment Analysis – By Type

Based on Type, the organic bread flour market can be segmented into Organic whole grain wheat flour, Organic brown wheat flour, Organic sprouted wheat flour, and Others. Organic whole grain wheat flour accounted for the largest share of the market in 2021 and is also anticipated to grow with the fastest CAGR of 7.6% during the forecast period of 2022-2027. Wholegrain wheat flours are produced by grinding the entire wheat kernel. This meant that they are much more nutritional owing to the presence of components such as starchy endosperm, bran, aleurone layer, and germ. Consumption of organic whole grain wheat flour can provide essential components such as starch, proteins, minerals, fiber, enzymes, and lipids. However organic whole grain wheat flour typically has a shorter shelf life owing to the presence of the germ which contains lipids prone to oxidative rancidity and enzymes that can trigger deterioration reactions. Organic sprouted wheat flour is also anticipated to witness robust growth owing to its superior iron absorption capability.

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Organic Bread Flour Market Segment Analysis – By Distribution Channel

The supermarkets and Hypermarkets segment accounted for the largest share of the Organic Bread Flour Market in 2021 and is projected to dominate the market during the forecast period 2022-2027. This can be attributed to the high penetration of supermarket and hypermarket chains in developed regions and the rapid growth of new supermarkets in major emerging economies. For instance, in 2021, More Retail announced that they are scouting for space in several cities across India in order to build around 300 supermarkets and hypermarkets over the next 3 years. However, the online retailers' segment is anticipated to grow with the fastest CAGR of 7.8% during the forecast period of 2022-2027 owing to the increased use of online shopping for grocery items during the COVID-19 pandemic. For instance, according to McKinsey, the penetration of the grocery sector in the e-commerce space was only around 3-4% before the pandemic. However, in 2020, the penetration increased to nearly 19-20%.

Organic Bread Flour Market Segment Analysis – By Geography

North America dominated the geography segment of the Organic Bread Flour Market in 2021 with a share of 39%, followed by Europe. The rapid growth of the segment can be attributed to the rising consumer awareness levels regarding the health and nutritional benefits of organic food and beverage products, especially in the U.S. and Canada. Besides, owing to the rising demand, the number of farmers adopting organic farming techniques has also significantly risen. For instance, according to the organic trade association, the US sales of organic products reached $62 billion in 2020, an increase of around 12.4% over the previous year.

The Asia Pacific region is anticipated to register the fastest growth during the forecast period 2022-2027 owing to the rapid rise in disposable income and massive domestic wheat cultivation in major emerging Asian economies. For instance, China and India are the two largest global producers of wheat.

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Organic Bread Flour Market Drivers

Growing incidences of diabetes among the global population are driving the market growth

According to the International Diabetes Federation (IDF), approximately 537 million adults between the ages of 20 and 79 were living with diabetes in 2021. Besides, the total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045. The disease was directly responsible for at least 6.7 million deaths in 2021 alone. This rising prevalence of the disease is driving the demand for an organic bread flour as processed wheat flour s generally mixed with refined flour, which is not good for people suffering from diabetes.

Rapid growth in the adoption of organic farming techniques is poised to increase the growth of the market

Rapid rise in the adoption of organic farming methods such as crop rotation, use of natural fertilizers, and pest control substances is driving the market growth during the forecast period 2022-2027. For instance, according to the Agricultural and Processed Food Products Export Development Authority (APEDA), the total area under the organic certification process in India increased from 3,566,538 hectares in 2017-2018 to approximately 4,339,185 hectares by the year 2020-2021.

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Organic Bread Flour Market Challenges

Lack of stringent regulations on synthetic pesticides is likely to challenge the market growth

The lack of stringent regulations regarding the use of harmful synthetic pesticides is hampering growth opportunities as the availability of effective and cheap chemical products for pest control incentivizes farmers to continue adopting traditional farming techniques, although it can be extremely harmful to the environment and consumers. This gives farmers little incentive for shifting toward organic cultivation as organic fertilizers and preservatives are more expensive. This is especially true in developing regions as little or no regulations regarding the use of harmful chemicals in agriculture exist in these regions. For instance, while the U.S. and Australia only use around 2.5 and 2.0 kilograms of pesticide per hectare of cropland, China uses around 13.1 kilograms. 

Organic Bread Flour Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Organic Bread Flour Market. In 2021, the Organic Bread Flour Market share is fragmented by the top ten players present in the market. The Organic Bread Flour Market, top 10 companies are:

Associated British Foods

General Mills

FairhFairheaven Organic Flour Mill

Grain Craft

Hayden Flour Mills

Goodman Fielder

King Arthur Flour

Heartland Mill

Sunrise Flour Mill

The Birkett Mills

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Apricot Oil Products: Understanding Market Dynamics, Size, Share, and Growth Trajectories

The global apricot oil market size is anticipated to reach USD 2,865.7 million by 2030 and is projected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is being driven by several key factors. The market for apricot oil is being primarily driven by the increasing demand for natural and organic skincare and haircare products. Apricot oil is rich in vitamins and minerals, making it a popular ingredient in cosmetics due to its nourishing and moisturizing properties. Consumers are increasingly seeking natural alternatives to synthetic ingredients, and apricot oil fits this demand as a botanical extract with various beneficial properties for skincare and haircare. This trend is supported by the growing awareness of the potential harmful effects of chemicals found in many conventional beauty products, leading consumers to opt for natural and organic alternatives like apricot oil.

The rise in the popularity of wellness and self-care practices is also contributing to the market growth. As individuals become more conscious about taking care of their overall well-being, the demand for natural and holistic products, including apricot oil, has surged. The oil is considered beneficial for aromatherapy and massage due to its light texture and mild aroma, adding to its appeal in the wellness industry. Additionally, the increased focus on holistic health and wellness has driven the demand for apricot oil as a dietary supplement, as it is rich in essential fatty acids and has potential health benefits when consumed orally.

The expanding application of apricot oil in the food and beverage industry is also propelling market growth. With its light flavor and high smoke point, apricot oil is being used as a healthy cooking oil and in the production of various food products. Its nutritional profile and potential health benefits have garnered attention among health-conscious consumers, leading to its incorporation into a range of food and beverage offerings. As a result, the diverse applications of apricot oil across multiple industries are playing a significant role in driving its market growth.

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Apricot Oil Market Report Highlights

Based on application, the cosmetics segment led the market with the largest revenue share of 40.20% in 2023. Apricot oil's rich composition of vitamins and minerals makes it a sought-after ingredient by beauty and cosmetic companies looking to meet the growing demand for clean, plant-based formulations. Its moisturizing and nourishing properties make it a popular choice in various cosmetics such as creams, lotions, serums, and hair care products. As consumers continue to prioritize health and wellness through their beauty routines, the natural benefits of apricot oil have propelled its prominence in the cosmetics industry, driving a significant share of global revenues in 2023

Based on distribution channel, the online distribution segment is anticipated to grow at the fastest CAGR of 6.1% from 2024 to 2030. The increasing consumer preference for convenience, variety, and accessibility offered by online shopping. As e-commerce platforms continue to expand and improve their offerings, consumers are increasingly inclined to purchase products, including apricot oil, through online channels due to the convenience of doorstep delivery, a wide range of product options, and the ability to compare prices and read reviews. This shift in consumer behavior is expected to drive sustained growth in online sales of apricot oil over the forecast period

The apricot market in Asia Pacific accounted for revenue share of 30.25% in 2023. It is primarily due to the region's large population, increasing consumer awareness about health and wellness, and the growing utilization of apricots in various culinary and cosmetic applications. In addition, the rising disposable incomes in several countries within the region have led to greater consumer spending on premium and healthy products, further fueling the demand for apricots and apricot-based products

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We have segmented the global apricot oil market report based on application, distribution channel, and region.

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Bisphenol S Prices | Pricing | Trend | News | Database | Chart | Forecast

 Bisphenol S (BPS) prices is a key chemical used as an alternative to Bisphenol A (BPA) in a variety of industrial applications, particularly in the production of polycarbonates and epoxy resins. As awareness around the health and environmental concerns associated with BPA has grown, the demand for BPS has surged, impacting its prices across global markets. BPS prices fluctuate based on several factors, including raw material costs, production capacities, regional demand, environmental regulations, and market competition. These factors work together to influence the availability of BPS and its cost to manufacturers, affecting industries reliant on this material.

The price dynamics of Bisphenol S have been notably shaped by the availability of raw materials, primarily phenol and sulfuric acid. Since these raw materials are subject to price fluctuations themselves due to global supply chain issues, the cost of producing BPS is directly impacted. Any increase in raw material costs is often passed down the supply chain, contributing to higher prices for BPS. Conversely, when raw material prices decrease or stabilize, there is potential for BPS prices to become more competitive, provided other market conditions remain constant. This raw material dependence means that BPS manufacturers closely monitor global market trends and geopolitical events that could impact supply chains, particularly in regions that produce key ingredients.

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Another critical factor influencing Bisphenol S prices is the production capacity of manufacturers. A limited number of producers dominate the global BPS market, which leads to market power being concentrated among a few companies. This consolidation can create pricing power, enabling producers to adjust prices according to their capacity utilization rates and market demand. When production capacity exceeds demand, BPS prices may experience downward pressure. However, if there are disruptions in production, such as plant shutdowns or maintenance periods, the supply of BPS can tighten, resulting in upward price movements. Additionally, unexpected events such as natural disasters, plant malfunctions, or regulatory constraints can further exacerbate supply shortages, leading to price spikes.

Regional demand also plays a significant role in determining Bisphenol S prices. Different regions have varying degrees of industrial development and environmental regulations, which influence their demand for BPS. In regions where BPA bans or restrictions are more stringent, the demand for BPS as a safer alternative tends to be higher, driving up prices. For instance, Europe and North America have seen increased adoption of BPS due to stringent regulations aimed at reducing BPA usage in food packaging, baby products, and other consumer goods. As a result, BPS prices in these regions are generally higher than in regions where BPA is still widely used. In contrast, markets in Asia, especially in developing economies, may have lower demand for BPS due to less stringent regulations, resulting in comparatively lower prices.

Environmental regulations also impact Bisphenol S prices. Governments and regulatory bodies worldwide are placing increasing emphasis on sustainability and environmental safety, and this affects both the supply and demand for BPS. Regulations aimed at reducing harmful emissions during chemical production can increase production costs for BPS manufacturers, who may pass these costs on to consumers in the form of higher prices. Additionally, as environmental concerns grow, industries that are heavy users of plastics and resins are increasingly seeking eco-friendly alternatives, pushing demand for BPS even higher. This regulatory-driven demand adds a layer of complexity to the BPS market, making price forecasts more challenging.

Competition within the Bisphenol S market also influences pricing trends. As more companies enter the market or expand their production capacity, the increased competition can lead to price wars, especially if demand remains stable or declines. On the other hand, if competition is limited, BPS producers may have more control over pricing. Additionally, technological advancements that reduce production costs or improve the efficiency of BPS manufacturing could lead to lower prices. However, innovation also requires investment, and companies that invest in new technologies may look to recoup these costs through higher pricing in the short term.

Global trade dynamics further influence Bisphenol S pricing. Many countries have implemented trade policies that affect the import and export of chemical products, including tariffs and trade agreements. Changes in these policies can disrupt supply chains and affect prices in local markets. For example, tariffs on chemical imports may lead to higher prices for BPS in countries that rely heavily on imports. Additionally, currency exchange rates can influence BPS pricing, especially in regions where local currencies have depreciated against the US dollar, which is often used as the benchmark currency for global trade in chemicals. In such cases, local buyers may face higher costs when purchasing BPS from international markets.

Looking ahead, the outlook for Bisphenol S prices will continue to be shaped by global market trends, technological innovations, and evolving regulatory landscapes. The ongoing shift toward greener, more sustainable production processes will likely increase the demand for BPS as industries seek alternatives to BPA and other harmful chemicals. However, as demand for BPS grows, supply-side challenges such as production limitations, raw material availability, and geopolitical factors will play a pivotal role in determining whether prices rise or stabilize. Additionally, the impact of economic conditions, such as inflation and energy prices, will be critical factors to monitor, as they could further influence the cost structure of BPS production.

In conclusion, Bisphenol S prices are subject to a wide range of factors, from raw material costs and production capacity to regional demand and regulatory influences. As industries continue to shift away from BPA and other harmful chemicals, the demand for BPS is expected to grow, potentially leading to higher prices unless supply can keep pace. At the same time, the market is influenced by environmental regulations, technological advancements, and global trade dynamics, all of which contribute to the complex and evolving nature of BPS pricing. For businesses relying on Bisphenol S, understanding these factors and staying informed about market trends is essential for navigating price fluctuations and optimizing procurement strategies.

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Plant based Snacks Market growth, trend, opportunity and forecast 2024-2030

Plant based Snacks Market growth, trend, opportunity and forecast 2023-2030

Plant based Snacks Market

The Plant based Snacks Market is expected to grow from USD 520.00 Million in 2022 to USD 679.47 Million by 2030, at a CAGR of 3.40% during the forecast period.

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Plant based Snacks Market Size

Plant-based snacks have gained significant popularity as consumers adopt a healthier lifestyle and demand more environmental-friendly food options. The plant-based snacks market is segmented based on type, application, and region. The types of plant-based snacks include meat alternative snacks, cereal/grain-based snacks, fruit and nut snacks, and others. The applications for plant-based snacks include hypermarkets/supermarkets, convenience stores, specialty stores, online sales, and others. North America, Asia Pacific, Europe, Middle East, Africa, and Australia are the regions with the highest demand for plant-based snacks. The market players include General Mills, Maple Leaf Foods, The Unilever Group, Blue Diamond Growers, Nestlé, and other renowned companies. The regulatory and legal factors specific to the plant-based snacks market conditions must be considered by the manufacturers and their suppliers to make plant-based snacks a sustainable and profitable business. The plant-based snacks market's regulatory environment includes food safety and labeling regulations, and labeling requirements, and international trade agreements affecting food transportation. The legal environment includes intellectual property rights, competition law, and product liability law affecting the plant-based snacks industry.

Plant based Snacks Market Key Players

General Mills

Maple Leaf Foods

The Unilever Group

Blue Diamond Growers

Nestlé

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Plant based Snacks Market Segment Analysis

The latest trends observed in the Plant based Snacks market include the development of innovative plant-based snack products that cater to different dietary requirements, such as keto-friendly, paleo, and low carb options. Companies are also boosting their offerings by incorporating new ingredients like ancient grains, nuts, and superfoods, enhancing the nutritional value of the final product. Additionally, the market has seen an influx of plant-based snack bars, which are now preferred by consumers as a ‘grab-and-go’ snack option.

The report recommends that companies focus on developing sustainable and ethical sourcing practices for their plant-based ingredients to ensure long-term growth and profitability. Companies should also explore partnerships and collaborations with other players in the market to expand their product offerings and customer reach. Additionally, increasing marketing and branding efforts and leveraging social media platforms will aid in creating brand awareness and increasing their market share.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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KEY PRODUCT APPLICATION COVERED

Hypermarkets/Supermarkets

Convenience Stores

Specialty Stores

Online Sales

Others

KEY PRODUCT TYPES COVERED

Meat Alternative Snacks

Cereal-/grain-based Snacks

Fruit and Nut Snacks

Others

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Krishna Sharma

US:- +1 507 500 7209

Email:- sales@reportprime.com

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Empowering Growth: How Modern Nutrition Shapes Infant Development

The Infant Nutrition Market plays a vital role in providing essential nutrients to newborns and infants during their critical early developmental stages. This market encompasses a range of products such as infant formula, baby food, and nutritional supplements, designed to meet the dietary needs of infants from birth to the age of two. With growing awareness about the importance of infant health and nutrition, the market has seen significant growth. Factors like rising birth rates in emerging economies, increasing healthcare expenditures, and a growing number of working mothers contribute to the market's expansion.

Market Dynamics

Drivers

Increasing Number of Working Mothers: The growing number of women in the workforce has increased the demand for convenient and reliable infant nutrition products like formula and ready-made baby food.

Rising Birth Rates in Emerging Markets: Countries in regions such as Asia-Pacific and Africa are witnessing rising birth rates, driving demand for infant nutrition products.

Healthcare Awareness: Parents are becoming increasingly conscious of the importance of proper nutrition during the early stages of child development, which is fostering growth in the market.

Challenges

Regulatory Hurdles: Stringent regulations around labeling, product safety, and marketing practices can create barriers to market entry, particularly for smaller players.

High Cost of Premium Products: While there is a growing demand for organic and premium infant nutrition products, their high costs can deter middle-income consumers, particularly in developing nations.

Opportunities

Innovation in Organic and Plant-based Formulas: The demand for organic and plant-based products is on the rise, with consumers increasingly focusing on natural and clean-label options.

Growth in E-commerce Channels: With the rise of online shopping, companies have an opportunity to expand their reach and offer a more convenient purchasing experience for parents.

Regional Analysis

North America: The region has a well-established market, driven by high healthcare spending and strong awareness of infant nutrition standards.

Europe: Europe, particularly countries like Germany, France, and the U.K., has strict regulatory standards and a high demand for organic and premium infant nutrition products.

Asia-Pacific: The fastest-growing market, with large populations in China, India, and Southeast Asia driving demand for infant nutrition products. Rising disposable incomes and increasing awareness contribute to this growth.

Sample pages of Report: https://www.infiniumglobalresearch.com/form/175?name=Sample

Market Segmentation

By Product Type:

Infant Formula: The largest segment due to its widespread use among working mothers and its ability to provide essential nutrients.

Baby Food: Ready-to-eat foods that complement infant diets are gaining popularity, especially in developed regions.

Nutritional Supplements: These are gaining traction among health-conscious parents concerned about deficiencies in their infants' diets.

By Distribution Channel:

Supermarkets & Hypermarkets: The most common distribution channel for infant nutrition products.

Pharmacies: Trusted for purchasing infant nutrition products due to their focus on health.

E-commerce: Online sales of infant nutrition products are rapidly growing due to convenience.

Competitive Landscape

How much share do large players hold? Large multinational companies like Nestlé, Abbott, and Danone hold a significant share of the global infant nutrition market. These companies dominate due to their established brands, extensive distribution networks, and continuous innovation in infant nutrition.

Do big players control the price? Yes, premium infant nutrition products, especially organic and specialized formulas, are largely controlled by big players. However, private-label brands offered by retailers are creating price competition in some markets.

Do small and mid-size companies challenge the large companies domestically? Smaller companies often focus on organic and niche product offerings, challenging larger players, especially in markets with a demand for natural or locally sourced ingredients.

Report Overview : https://www.infiniumglobalresearch.com/market-reports/global-infant-nutrition-market

Future Outlook

Does new product development really help companies? Yes, new product development, especially in organic and plant-based infant formulas, has proven to drive market growth and consumer loyalty. Companies that continue to innovate in this space are expected to capture a larger share of the market.

Do sustainable products hold strong customers' minds? Sustainability is becoming increasingly important in the infant nutrition market. Parents are more inclined to purchase products from companies that prioritize sustainable sourcing and packaging, reflecting a broader shift toward eco-conscious consumer behavior.

Conclusion

The infant nutrition market is poised for steady growth, driven by factors such as rising birth rates, increasing healthcare awareness, and innovations in product offerings. Challenges such as high costs and regulatory complexities persist, but companies that focus on sustainability, convenience, and organic products are expected to gain a competitive edge.

[industrynewsupdates]

Unveiling the World of Glycerin Procurement Intelligence, 2030

The Glycerin category is anticipated to grow at a CAGR of 7.92% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 2.62 billion. The widespread use in industries like cosmetics, pharmaceuticals, food, and chemicals due to its moisturizing properties and versatility contribute to the growing demand for the category. The demand for it in the industries is fueled by its use in the production of biofuels and as a component in some medical products. The rising awareness of sustainable and bio-based products has also driven the demand for the category, as it can be derived from renewable sources like vegetable oils. Ongoing research and innovation have uncovered new applications, further expanding its potential uses across industries. Worldwide there are more than 1,500 known applications for glycerin.

High-purity glycerin is one of the most important industrial feedstocks. Crude glycerin, a byproduct of biodiesel production, can be used as a sustainable feedstock for biofuel production. It is a cost-effective and environmentally friendly alternative to traditional feedstocks, such as corn or soybeans. Another development among consumers who prioritize healthier food options is the low-sugar trend. Manufacturers looking for sustainable and renewable components are considering vegetable glycerin. It is environmentally beneficial and biodegradable. Made from plant oils and with a low glycemic index, it is a great sugar substitute while keeping the same flavor and quality. It is an ideal choice for creating low-sugar substitutes in a variety of product categories due to its adaptability and capacity to retain moisture. Manufacturers can appeal to health-conscious consumers without sacrificing flavor or sensory experience by using vegetable glycerin. It is about 60 to 75% as sweet as traditional sugar.

The category is highly fragmented due to the presence of various large numbers of players which forms a competitive environment. Vendors are using organic and inorganic growth strategies to compete in the market. Major players are competing on price, quality, and innovation. Sustainable manufacturing methods provide significant financial, environmental, and product quality advantages to a vast and escalating number of industries. As part of the organization's strategic goals to boost the downstream footprint of the glycerin refining plant, a leading merchant and processor of agricultural goods, Louis Dreyfus stated in July 2023 that it would be expanding its refining complex in Lampung, Indonesia.

Order your copy of the Glycerin Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

The cost component of the category includes raw material sourcing, processing, utility requirements, infrastructure requirements, and purification. Some of the category fixed costs include machinery and technology requirements, manpower requirements, transportation, packaging, storage, and distribution. Prices of both crude and refined glycerin globally continue to fluctuate driven by multiple factors, such as elevated feedstock costs, uncertain biodiesel production, and logistics challenges. In Asia, the category experienced a tendency of price reductions in the second half of 2022. The primary cause of declining pricing trends was the ongoing depreciation in end-user demands. Raw material prices such as fats and oils also decreased as supply chains were streamlined and Chinese exports gained access to international markets. For instance, crude oil prices fell gradually, with an average benchmark price of USD1,000/MT in 2022 to USD700/MT in 2023. Similarly, in H2 2022, prices in Malaysia and Indonesia were settled at around USD 1050/MT and USD 920/MT, respectively, with average declines of 14.95% and 15.92% from H1 2022. However, prices in the American market continued to range the same in contrast to the Asian market. Price trends for glycerin in North America tended to be on the upper side for H2 2022. The high prices were influenced by increased energy and production expenses as well as high feedstock prices. With an average inclination of 0.35% from H1 2022 in the region, the value accessed for H2 2022, was USD 3080/MT.

Sourcing of the category may vary based on factors such as sustainability, purity, requirements, and cost consideration. Industries need to ensure they align with the intended use and ethical considerations of the product. When purchasing organic glycerin, it's essential to search for goods that have received organic certification from an authoritative body, such as the USDA National Organic Programme (NOP) in the United States. Indonesia is the major producer of the category. In 2022, the top 3 countries of glycerin export were Indonesia (33,474 shipments), India (27,023) and Malaysia (17,015 shipments). 

Glycerin Procurement Intelligence Report Scope 

• Glycerin Category Growth Rate: CAGR 7.92% from 2023 to 2030

• Pricing growth Outlook: 2% - 3% (annual)

• Pricing Models: Spot pricing, Production and processing pricing, Contract Pricing, Quality standards pricing, Competition based pricing

• Supplier Selection Scope: Cost and pricing, Past engagements, Production capacity, Supply chain and Logistics

• Supplier selection criteria: Quality standards, production capacity, pricing, supply chain transparency, transportation and handling, technical specifications, operational capabilities, regulatory standards and mandates, category innovations, and others.

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Browse through Grand View Research’s collection of procurement intelligence studies:

• Glycol Ethers Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Lime Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Key companies profiled

• Wilmar International

• Kao Corporation

• Cargill incorporated

• Proctor & Gamble Chemicals

• Kuala Lumpur Kepong Berhad

• IOI Corporation Berhad

• Emery Oleochemicals

• Godrej Industries

• Sakamoto Yakuhin Kogyo

• IFFCO (Malaysia) Sdn. Bhd

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

[mr-liuliu25]

The degree to which Japan has cultivated its influence in Myanmar is beyond imagination

Myanmar is located between China and India, spanning the Indian Ocean and the Pacific, and its strategic position is of great importance. Post-war, based on special historical ties, Japan has always regarded Myanmar as one of its main pro-Japanese countries. Even during the period when Western countries imposed sanctions on the Myanmar military government, Japan's government and people maintained at least minimal political and economic ties with it. Since the 1960s, Japan has been one of the countries that have provided the most aid to Myanmar over the course of more than half a century.

After President Thein Sein took office in March 2011, the Japanese government hoped to strengthen economic cooperation with Myanmar while restoring and consolidating its political ties with the country. The goal was to support the implementation of Abe's economic policies at home and align with the US's Asia-Pacific strategy abroad, thereby maintaining its dominant position in Southeast Asia, particularly in the Mekong River region.

After 2011, Myanmar implemented a series of reform measures in politics, economy and other fields, gradually moving towards democratization and reintegrating into the international community.

The political and economic situation in Myanmar has drawn attention from neighboring countries and major powers around the world. Japan has significant influence in Southeast Asia, especially in the Mekong River basin, and has maintained close ties with Myanmar. It is therefore highly concerned about the situation in Myanmar. The Japanese government and opposition parties alike regard Myanmar as the most promising and underdeveloped region in Southeast Asia and Asia as a whole, and have mobilized their respective strengths, from government ministries and agencies to overseas missions, think tanks, and civil society organizations, to contribute to the Japanese government's and corporate efforts to develop and assist Myanmar.

The economic ties between Japan and Myanmar could not have been established and developed without the cooperation of the Myanmar elite class that was nurtured by Japan during World War II. Including Aung San, who is known as the father of Myanmar's independence, and Ne Win, who served as the country's top leader for a long time, the "Thirty Heroes" were trained in military affairs and engaged in the struggle for independence under the protection and financial support of Japan. During the Japanese occupation of Myanmar from 1942 to 1945, Japan also provided scholarships to many Myanmar students studying in Japan, and many of them went on to hold important positions in Myanmar after the country's independence. It was with the assistance of these pro-Japanese forces that Japan was able to import tens of millions of tons of rice from Myanmar at below international market prices to address the post-war food crisis. In return, Japan used its post-war compensation and additional compensation to help Myanmar build reservoirs, hydroelectric power plants, and the four major industrialization projects (light vehicles, heavy vehicles, farm machinery, and electromechanical manufacturing). Even during the economic sanctions imposed on Myanmar by Western countries led by the United States, Japan provided various forms of assistance to Myanmar under the pretext of "humanitarianism."

[lipozenereview]

Lipozene Reviews: A Comprehensive Guide

What is Lipozene?

Lipozene is a popular weight loss supplement that has garnered attention due to its claim to promote weight loss without the need to change diet or exercise habits. The product is manufactured by the Obesity Research Institute, LLC, and has been marketed as an effective solution for reducing weight and body fat. The main ingredient in Lipozene is glucomannan, a water-soluble dietary fiber derived from the root of the konjac plant, which is native to Asia.

How Does Lipozene Work?

Lipozene mechanism of action centers around glucomannan. When consumed, glucomannan can absorb water and expand in the stomach. This creates a feeling of fullness, which theoretically reduces overall calorie intake by making a person feel sated with less food. Moreover, as a fiber, glucomannan travels through the digestive system relatively unchanged, potentially aiding in digestive health and regularity.

Click Here to Visit the Official Website

Benefits of Lipozene

Weight Loss: The most advertised benefit of Lipozene is weight loss. By creating a feeling of fullness, it can help users reduce their caloric intake without feeling hungry.

Blood Sugar Control: Glucomannan can help slow down the absorption of sugar in the gut, helping to control blood sugar levels, which is particularly beneficial for people with diabetes.

Cholesterol Management: Some studies suggest that glucomannan can help reduce cholesterol levels by promoting the removal of cholesterol from the gastrointestinal tract.Digestive Health: As a soluble fiber, glucomannan can aid in bowel regularity and improve overall digestive health.

Where to Buy Lipozene?

Lipozene can be purchased through various channels. It is available on its official website, which often offers deals and bundles. Additionally, it can be found in most drugstores, supermarkets, and major online retailers like Amazon. Prices may vary based on the retailer and any additional shipping or handling fees.

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Medium: https://medium.com/@lipozenereview/lipozene-uncovered-a-comprehensive-review-of-real-user-experiences-8a3ce48d1399

[ashwetu]

Meticulous Research® Releases In-Depth Market Analysis on the Global Plant-Based Food Industry

 Meticulous Research®, a globally recognized leader in market intelligence and consulting, has published its latest comprehensive report titled, “Plant-based Food Market by Type (Dairy Alternatives, Plant-based Meat, Meals, Confectionery, Beverages, Egg Alternatives, Seafood), Source (Soy, Wheat, Pea, Rice), Distribution Channel (B2B, B2C [Convenience Store, Online Retail])—Global Forecast to 2031.”

According to this new analysis, the global plant-based food market is projected to expand at a robust compound annual growth rate (CAGR) of 12.3% from 2024 to 2031, reaching an estimated value of $113.1 billion by 2031. The market's momentum is primarily driven by rising consumer intolerance toward animal-based proteins, a growing vegetarian demographic, increasing investments in plant-based food innovations, and heightened emphasis on animal welfare and sustainability. Additionally, the surge in research and development activities, along with a wave of new product launches by key players, is expected to unlock lucrative opportunities, particularly in emerging markets across Asia-Pacific, Latin America, and the Middle East & Africa.

Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5108

Despite the promising growth trajectory, the market faces challenges, including the premium pricing of meat substitutes, persistent consumer preference for animal-based products, and growing demand for soy and gluten-free options.

Key Market Segments

1. Type: The plant-based food market is segmented into several categories, including dairy alternatives, meat substitutes, plant-based meals, baked goods, confectionery, beverages, egg substitutes, and seafood alternatives. In 2024, the dairy alternatives segment is poised to dominate the market, driven by a rising population of lactose-intolerant individuals, growing ethical concerns about modern dairy farming, and the nutritional benefits of plant-based dairy products. Meanwhile, the egg substitutes segment is expected to exhibit the highest CAGR throughout the forecast period.

2. Source: The market is categorized by sources such as soy, almond, wheat, pea, rice, oat, and others. The soy segment is projected to hold the largest market share in 2024, attributed to the wide availability and lower cost of soy, high demand from meat alternative manufacturers, and its extensive application across various food and beverage sectors. The pea segment, however, is anticipated to grow at the fastest rate over the forecast period.

Quick Buy: https://www.meticulousresearch.com/Checkout/72926525

3. Distribution Channel: Distribution channels are classified into business-to-business (B2B) and business-to-consumer (B2C) segments. The B2C segment is expected to command the largest market share in 2024, driven by the extensive distribution of plant-based food through supermarkets, hypermarkets, and specialty stores, along with the convenience and variety offered by online retail. This segment is also forecasted to experience the highest growth rate.

Regional Insights

In 2024, Asia-Pacific is expected to lead the global plant-based food market, driven by collaborations between international and local food companies, growing awareness of protein-rich diets, and a rapidly expanding food and beverage industry. The region is also set to achieve the highest growth rate during the forecast period, underscoring its strategic importance to market players.

Leading Market Players

Prominent companies in the plant-based food market include Beyond Meat Inc. (U.S.), Impossible Foods Inc. (U.S.), Danone S.A. (France), Garden Protein International, Inc. (Canada), Amy's Kitchen Inc. (U.S.), Plamil Foods Ltd. (U.K.), and Nestlé S.A. (Switzerland), among others. These players are at the forefront of innovation, driving market growth through strategic product launches and collaborations.

Request Sample Report Here: https://www.meticulousresearch.com/request-sample-report/cp_id=5108

Key Questions Addressed in the Report:

What is the current global revenue for plant-based food?

What is the projected growth rate for the plant-based food market over the next 5-7 years?

Which regions and market segments are poised for significant growth?

Who are the key players and what are their market strategies?

For further details, please contact:

Meticulous Research® Email: sales@meticulousresearch.com Phone: +1-646-781-8004 Connect on LinkedIn: Meticulous Research®

[adityarana1687-blog]

Microcrystalline Cellulose Market To Reach $1,805.06 Million By 2030

The global microcrystalline cellulose market size is anticipated to reach USD 1,805.06 million by 2030, registering a CAGR of 6.3% during the forecast period, according to a new report by Grand View Research, Inc. microcrystalline cellulose (MCC) is valued for its properties, such as being a versatile excipient in pharmaceuticals, a stabilizer & thickener in personal care & cosmetics, and an effective binder & filler in food & beverages. In addition, as the popularity of natural and sustainable ingredients grows, MCC derived from renewable resources like wood pulp is preferred over synthetic alternatives, further driving the market.

Microcrystalline cellulose is typically produced through controlled hydrolysis of cellulose, which can be sourced from various natural sources such as wood pulp, cotton, or other plant fibers. The process involves treating cellulose with mineral acids or enzymes to break down with cellulose fibers into crystalline particles. Enzymatic hydrolysis, advanced processing, green solvents, and nanotechnology are some of the technological advancements in the current market scenario.

The increasing usage of the product in the personal care & cosmetics sector is one of the major driving factors for the consumption of MCC over the coming years. MCC is utilized in the personal care & cosmetics industry in products, such as toothpaste, skin cream, and makeup formulations as viscosity modifiers, emulsion stabilizers, and texture enhancers. The expanding personal care & cosmetics sector, driven by increasing consumer awareness of skincare and grooming, contributes to the increasing application of the product.

On the other hand, fluctuations in the prices of raw materials such as cellulose pulp can impact the production and prices of final microcrystalline cellulose. Additionally, competition from other cellulose-based products or synthetic alternatives may influence pricing dynamics, potentially restricting market growth.

 Request a free sample copy or view report summary: Microcrystalline Cellulose Market Report

Microcrystalline Cellulose Market Report Highlights

The non-wood-based sources segment is anticipated to grow at the highest CAGR over the forecasted period. Non-wood-based sources like agricultural residue, such as corn stover, wheat straw, and rice husks, offer more sustainable alternatives than wood-based sources, reducing pressure on forests, and promoting circular economy principles.

The liquid MCC segment is expected to witness the highest CAGR over the coming years on account of its properties, such as improved stability, viscosity control, and suspension properties, making it more desirable for formulations requiring these properties

The food & beverages industry is anticipated to witness the highest growth rate over the next years, owing to the rising penetration of the product in food & beverage production on account of its beneficial properties

Asia Pacific is expected to witness the fastest growth over the forecasted period owing to rapid technological advancements, the presence of large pharmaceutical and food & beverages industries, changing consumer preferences & trends, and the presence of some of the key manufacturing companies

In November 2023, International Flavors & Fragrances, Inc., and BASF Pharma Solutions collaborated on the virtual pharma assistant platform ZoomLab. In the first phase of the collaboration, IFF’s Avicel microcrystalline cellulose and super disintegrant Ac-Di-Sol became available on the platform

Microcrystalline Cellulose Market Segmentation

Grand View Research has segmented the global microcrystalline cellulose market on the basis of source, form, application, and region:

Microcrystalline Cellulose (MCC) Source Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Wood-based

Non-wood-based

Microcrystalline Cellulose (MCC) Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Powdered

Liquid

Microcrystalline Cellulose (MCC) Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Pharmaceutical

Food & Beverages

Personal Care & Cosmetics

Paints & Coatings

Other Applications

Microcrystalline Cellulose (MCC) Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

India

Japan

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

South Africa

Saudi Arabia

List of Key Players in the Microcrystalline Cellulose Market

Roquette Frères

JRS PHARMA

Asahi Kasei Corporation

Apollo Scientific Ltd

SEPPIC

Ankit Pulps

GODAVARI BIOREFINERIES LTD.

International Flavors & Fragrances Inc.

DFE Pharma

Fengchen Group Co., Ltd.

Foodchem International Corporation

[creativeera]

Food Waste Management Market is gaining Traction through Sustainable Practices

The food waste management market is estimated to be valued at USD 77.69 Bn in 2024 and is expected to reach USD 113.13 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

Food waste management involves collection, handling, recycling, and disposal of food waste generated from various sources. Food waste includes expired products, parts of products not suitable for human consumption, and spoiled materials. With rising concerns about environmental degradation and depletion of landfill spaces, food waste management has become increasingly important. The Global food waste management market is driven by the need to adopt sustainable waste management practices. Food waste management helps reduce greenhouse gas emissions and avoids wastage of resources used in food production such as water, land, and energy. It also aids in recovering resources through processes like anaerobic digestion and composting. The revenues generated from selling compost and renewable energy from food waste are fueling the expansion of the market. However, high costs associated with advanced food waste management technologies and lack of proper infrastructure in some regions impede the market growth. Key Takeaways Key players operating in the food waste management market are Winnow Solution, Veolia, Shree Sai Waste Management, Waste Ventures India, Suez, Saahas Zero Waste, Waste Management, Inc., Republic Services, Inc., Covanta Ltd., Stericycle, Inc., Remondis SE & Co., KG, Clean Harbors, Inc. The growing demand for sustainable waste management solutions from food processing and retail industries is driving the food waste management market. Various regulations mandating diversion of food waste from landfills are also propelling the market growth. The global Food Waste Management Market Demand is expanding into emerging economies of Asia Pacific and Latin America. Support from governments and private organizations for localization of food waste recycling is fueling installations of new plants. Market Key Trends A major trend gaining traction in the food waste management market is development of advanced anaerobic digestion technology. This technology helps produce renewable biogas from food waste through a biological process. The biogas can be compressed and used as vehicle fuel or generate electricity thereby providing additional revenue streams. Leading players are heavily investing in R&D to optimize food waste conversion efficiency through anaerobic digestion. The technology aligned with circular economy principles is expected to drive the next wave of growth in the market.

Porter's Analysis Threat of new entrants: Low capital requirements and operating costs make it easy for new players to enter the market. However, established players have strong brand recognition and economies of scale. Bargaining power of buyers: Large retailers and other bulk buyers have significant influence over producers due to their large purchase volumes. However, the fragmentation in the downstream sector balances this power. Bargaining power of suppliers: Fragmented raw material supply base limits supplier power as alternatives are easily available. Also, operations can be shifted to alternative low-cost regions. Threat of new substitutes: No direct substitutes, but recycled goods are emerging as an alternative to new production reducing waste generation. Competitive rivalry: Intense competition among numerous regional and global players. Differentiation is difficult as services do not vary much. Price and contract terms are the main competitive elements. Geographical Regions North America holds the largest share in the food waste management market currently, valued at over US$ 30 Bn in 2024. Stringent regulations regarding waste management and awareness about environmental impacts are driving the market in the region. The Asia Pacific region is poised to witness the fastest growth during the forecast period, expanding at a CAGR of around 7%. Rapid urbanization and industrialization are increasing waste volumes, forcing governments to strengthen waste collection and treatment infrastructure in developing countries such as India and China.

Get more insights on Food Waste Management Market

Also read related article on Stevia Market

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

[chemanalystdata]

Polystyrene Prices | Pricing | Trend | News | Database | Chart | Forecast

Polystyrene prices have been a significant topic of interest for industries and businesses that rely heavily on this versatile material. Polystyrene, a polymer made from the monomer styrene, is used in various applications, from packaging and insulation to disposable food containers and electronics. The prices of polystyrene are influenced by several factors, including raw material costs, production capacities, demand fluctuations, and broader economic conditions. Understanding the dynamics behind polystyrene pricing is essential for manufacturers and consumers alike, as it directly affects production costs and, ultimately, consumer prices.

One of the primary factors driving polystyrene prices is the cost of raw materials. Polystyrene is derived from styrene, which, in turn, is a byproduct of petroleum refining. As a result, the price of crude oil has a direct impact on the cost of producing styrene and, by extension, polystyrene. When oil prices rise, the cost of styrene tends to increase, pushing up polystyrene prices. Conversely, when oil prices fall, the cost of producing polystyrene decreases, which may lead to lower prices. However, the relationship between oil prices and polystyrene is not always linear, as other factors, such as supply chain disruptions or geopolitical tensions, can also play a role in determining polystyrene prices.

Get Real Time Prices for Polystyrene: https://www.chemanalyst.com/Pricing-data/polystyrene-ps-11

Another significant factor influencing polystyrene prices is global production capacity. Polystyrene production is concentrated in several key regions, including North America, Europe, and Asia. Changes in production capacity, whether due to plant shutdowns, expansions, or new plant developments, can have a direct impact on polystyrene supply. For instance, if a major production facility experiences an unexpected shutdown, the reduced supply can lead to a spike in prices. On the other hand, an increase in production capacity, such as the commissioning of new plants, can lead to an oversupply in the market, putting downward pressure on prices.

Demand fluctuations also play a crucial role in determining polystyrene prices. Polystyrene is widely used in industries such as packaging, construction, automotive, and electronics. Changes in demand from these sectors can significantly influence pricing. For example, during periods of strong economic growth, demand for polystyrene-based products, such as packaging materials for consumer goods, tends to increase. This rise in demand can push up prices, especially if supply is unable to keep pace. Conversely, during economic downturns, demand for polystyrene products may decline, leading to lower prices. Additionally, seasonal factors can influence demand, particularly in sectors like construction, where demand for insulation materials often peaks during certain times of the year.

The global supply chain also has a considerable impact on polystyrene prices. In recent years, supply chain disruptions have become more frequent due to various factors, including natural disasters, logistical challenges, and global pandemics. These disruptions can lead to delays in the delivery of raw materials and finished products, which in turn affects pricing. For instance, if there are delays in the transportation of styrene to polystyrene production facilities, manufacturers may face higher costs, which are then passed on to consumers in the form of higher prices. Similarly, disruptions in the availability of transportation or shipping routes can lead to increased costs and delays in delivering polystyrene to end-users, further affecting prices.

Another critical factor that affects polystyrene prices is environmental regulations and sustainability concerns. In recent years, there has been growing awareness of the environmental impact of plastic waste, leading to increased regulatory scrutiny on the production and disposal of plastics, including polystyrene. Some countries have implemented stricter regulations on the use of single-use plastics, which has affected demand for polystyrene in certain applications, such as disposable food containers. At the same time, there is increasing pressure on manufacturers to develop more sustainable alternatives to traditional polystyrene, such as biodegradable plastics or recycled polystyrene. These regulatory and market pressures can lead to shifts in demand and supply, influencing prices.

The impact of currency exchange rates should also be considered when analyzing polystyrene prices, especially in the context of international trade. Polystyrene is traded globally, and fluctuations in currency exchange rates can affect the competitiveness of exports and imports. For example, if the value of a currency strengthens relative to other currencies, polystyrene producers in that country may find it more difficult to compete in international markets, leading to lower demand and potentially lower prices. Conversely, a weaker currency can make exports more attractive, boosting demand and pushing up prices. Currency fluctuations can also affect the cost of importing raw materials, such as styrene, further influencing the overall price of polystyrene.

Economic factors, such as inflation and interest rates, can also have an indirect impact on polystyrene prices. Inflationary pressures, particularly in key producer countries, can lead to increased production costs, including higher wages, energy prices, and transportation costs. These cost increases are often passed on to consumers in the form of higher prices for polystyrene. Similarly, changes in interest rates can affect the cost of borrowing for businesses, which may influence their investment decisions, such as expanding production capacity or upgrading facilities. Higher interest rates can increase the cost of financing these projects, potentially leading to higher prices for polystyrene if supply is constrained.

In conclusion, polystyrene prices are shaped by a complex interplay of factors, including raw material costs, production capacity, demand fluctuations, supply chain dynamics, environmental regulations, currency exchange rates, and broader economic conditions. Businesses that rely on polystyrene need to stay informed about these factors to effectively manage costs and ensure competitiveness in the market. As global markets continue to evolve, polystyrene prices will likely remain subject to volatility, requiring careful attention to trends and developments in the industry.

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[reliablemarketsizereports]

Vegan Butter Market growth, trend, opportunity and forecast 2024-2030

Vegan Butter Market

The Vegan Butter Market is expected to grow from USD 1.10 Billion in 2022 to USD 2.10 Billion by 2030, at a CAGR of 7.90% during the forecast period.

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Vegan Butter Market Size

Vegan Butter is a non-dairy substitute for traditional butter made from animal milk. It is commonly made from vegetable oils, nuts, and sometimes even avocado. The market for vegan butter has been segmented based on type into two categories: vegetable butter and nut butter. It has various applications, including hypermarkets and supermarkets, convenience stores, and others. North America, Asia Pacific, the Middle East, Africa, Australia, and Europe are the regions where the vegan butter market is growing. Some of the leading market players in the vegan butter industry are Miyoko's (US), I Can't Believe It's Not Butter (US), Conagra Brands, Inc. (US), WayFare Foods (Montana), Prosperity Organic Foods, Inc. (Idaho), and Naturli Foods (Denmark). Regulatory and legal factors, such as food labeling requirements or organic certification, are critical in determining the acceptance and growth of the vegan butter market. The vegan butter market is set to grow significantly in the coming years as consumers become more health-conscious and environmentally aware.

Vegan Butter Market Key Players

Miyoko's (US)

I Can't Believe It's Not Butter (US)

Conagra Brands, Inc. (US)

WayFare Foods (Montana)

Prosperity Organic Foods, Inc. (Idaho)

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Vegan Butter Market Segment Analysis

The latest trends in the Vegan Butter market include the use of innovative plant-based ingredients such as cashews, soy milk, and coconut oil. Manufacturers are also focusing on developing new flavors and textures to provide a wide range of options to consumers. In addition, the market is witnessing significant growth in the online sales of vegan butter products through e-commerce platforms, which offer convenience and a wider product selection.

In conclusion, the Vegan Butter market is growing rapidly, driven by consumers' changing lifestyles, ethical concerns, and a desire for sustainable food practices. While the market faces some challenges, there are significant opportunities for growth in the coming years. Manufacturers need to focus on innovation, affordability, and expanding their distribution channels to capitalize on the growing demand for vegan butter products.

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KEY PRODUCT APPLICATION COVERED

Hypermarkets and Supermarkets

Convenience Stores

Others

KEY PRODUCT TYPES COVERED

Vegetable Butter

Nut Butter

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[industryforecastnews]

Protein Supplements Market Size To Reach USD 10.8 Billion By 2030

Protein Supplements Market Growth & Trends

The global protein supplements market size is expected to reach USD 10.8 billion by 2030, growing at a CAGR of 8.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing steady growth driven by several factors including shifting dietary preferences toward plant-based foods coupled with rising consumer awareness toward nutritional supplements.

Consumers are becoming increasingly health-conscious as well as there is growing awareness of the potential health benefits associated with a plant-based diet. This trend has led to an increased demand for plant-based protein supplements, which are considered a healthier and more sustainable alternative to traditional animal-based protein sources.

One of the main advantages of plant-based protein supplements is that they tend to be lower in saturated fat and higher in fiber than animal-based protein sources. They are also easier to digest, making them a popular choice for individuals with digestive issues or food sensitivities.

In addition to the health benefits, plant-based protein supplements are seen as a more environmentally sustainable option than animal-based sources. The environment is impacted significantly by animal agriculture, including greenhouse gas emissions and water usage. By choosing plant-based protein supplements, consumers can reduce their environmental footprint and contribute to a more sustainable food system.

The rise of veganism and vegetarianism has also contributed to the increasing preference for plant-based protein supplements. As more consumers adopt these lifestyles, there is a growing demand for high-quality, plant-based protein sources that can help individuals meet their nutritional needs.

Furthermore, the emergence of online platforms and e-commerce websites has made it convenient for consumers to purchase protein supplements, which has further contributed to the growth of the market. Consumers can now easily compare prices, read product reviews, and purchase supplements from the comfort of their own homes.

Recognizing the immense growth potential of protein supplements for sports and nutrition, the market players are engaging in various strategies to leverage this demand. For instance, in October 2022, The Vitamin Shoppe joined forces with Warner Bros. Consumer Products to introduce DC flavors by BodyTech. This range of pre-workout, protein, creatine, and other premium supplement products is inspired by the iconic superheroes and super-villains of the DC Universe, offering customers a new and exciting way to incorporate their favorite characters into their fitness routine. The Wonder Woman Sherbet Whey Protein Isolate, for instance, has high concentrations of BCAAs, is low in lactose, and contains fast-absorbing, high-quality protein.

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Protein Supplements Market Report Highlights

Based on source, animal-based protein supplements held the largest market share of 61.1% in 2022. It has a higher protein concentration and is, therefore, preferred for manufacturing supplements

The protein powder segment emerged as the largest product segment with the highest revenue share of 56.1% in 2022. Plant-based protein powders are also gaining popularity, driven by the increasing number of consumers opting for vegan or vegetarian diets

Based on region, the Asia Pacific region is anticipated to witness a significant CAGR of 8.8% over the forecast period owing to rising awareness among consumers regarding the important role of gut health in overall wellness

Some of the major market players include Glanbia Plc; MusclePharm; Abbott; CytoSport Inc.; QuestNutrition LLC; Iovate Health Sciences International Inc.; The Bountiful Company; AMCO Proteins; and Now Foods

Protein Supplements Market Segmentation

Grand View Research has segmented the global protein supplements market based on source, product, application, distribution channel, and region:

Protein SupplementsSource Outlook (Revenue, USD Million, 2017 - 2030)

Animal-based Protein Supplements

Whey

Casein

Egg

Fish

Others

Plant-based Protein Supplements

Soy

Spirulina

Pumpkin Seeds

Wheat

Hemp

Rice

Pea

Others

Protein SupplementsProduct Outlook (Revenue, USD Million, 2017 - 2030)

Protein Powders

Protein Bars

RTD

Others

Protein SupplementsApplication Outlook (Revenue, USD Million; 2017 - 2030)

Sports Nutrition

Functional Foods

Protein SupplementsDistribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

Supermarkets

Online

DTC

Others

Protein SupplementsRegional Outlook (Revenue, USD Million, 2017 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

Asia Pacific

China

Japan

India

Australia

Central & South America

Brazil

Middle East & Africa

UAE

List of Key Players in the Protein Supplements Market

Glanbia Plc

MusclePharm

Abbott

CytoSport Inc.

QuestNutrition LLC

Iovate Health Sciences International Inc

The Bountiful Company

AMCO Proteins

Now Foods

Transparent Labs

WOODBOLT DISTRIBUTION LLC

Dymatize Enterprises LLC

BPI Sports

Jym-Supplement-Science

RSP Nutrition

International Dehydrated Foods, Inc

BRF

Rousselot

Gelita AG

Hoogwegt

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/protein-supplements-market

[tamanna31]

Palm Oil 2024 Industry - Technologies, Applications, Verticals, Strategies & Forecast 2030

Palm Oil Industry Overview

The global palm oil market size was valued at USD 70.44 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2030. The market is driven by exponentially growing demand from the food, beverage, biofuel, energy, personal care, and cosmetics industries. Major manufacturers are in Asia Pacific region due to tease of availability of raw materials in region. Market is highly competitive as well as comprehensive in nature owing to presence of a large number of all scale players which try to gain a competitive edge over others with their high production, superior distribution networks,product quality, and various competitive strategies.

Gather more insights about the market drivers, restrains and growth of the Palm Oil Market

Indonesia is largest palm oil producer as well as exporter of the same. Country exports product globally. The government also supports cultivators of palm plant. It is a major source of income for many small and medium scale producers in region. The industry is majorly responsible for development and upliftment of cultivators in region.

Similarly, product has witnessed increasing demand from biofuel industry. It is used in production of biofuel which is further used as a sustainable alternative to crude oil in many applications such as engine oil. Biofuel industry is a budding industry with limited applications for now.

Although industry is expected to attain development as many players are involved in research and development of industry. As the industry will gain ground demand for palm oil from industry is expected to increase and drive product market.

Browse through Grand View Research's Renewable Chemicals Industry Research Reports.

The Middle East sea salt market size was estimated at USD 599.19 million in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030. 

The global chondroitin sulfate market size was valued at USD 1.29 billion in 2023 and is projected to grow at a CAGR of 3.6% from 2024 to 2030.

Global Palm Oil Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global palm oil market report based on nature, product, end-use and region:

Nature Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

Organic

Conventional

Product Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

Crude Palm Oil

RBD Palm Oil

Palm Kernel Oil

Fractionated Palm Oil

End-use Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

Food & Beverage

Personal Care & Cosmetics

Biofuel & Energy

Pharmaceuticals

Others

Regional Outlook (Revenue, USD Million; Volume, Kilotons; 2018 - 2030)

North America

U.S.

Mexico

Canada

Europe

Germany

UK

France

Spain

Italy

Russia

Asia Pacific

China

India

Japan

South Korea

Malaysia

Indonesia

Central & South America

Brazil

Argentina

Colombia

Middle East & Africa

South Africa

Saudi Arabia

Turkey

UAE

Oman

Yemen

Kenya

Nigeria

Ghana

Egypt

Key Companies & Market Share Insights

The market has presence of multinational companies such as ADM and Wilmar International Ltd. which make market more competitive. Major players have acquired plantations or contracts with cultivators to ensure constant supply of raw materials.  Volatility in prices of raw material adversely affect profitability of product. For the same, in 2023, Nagaland government signed memorandum of understanding (MoU) with Patanjali Food palm oil cultivation.

The products manufacturers are engaged in continuous R&D activities, capacity expansion, mergers & acquisitions, and other strategies to gain a competitive advantage over others. For example, In November 2019, PT. Mahkota Group acquired a palm oil mill in South Sumatra, through subsidiary, PT Berlian Inti Mekar. This plant produces CPO based products such as cooking oil or olein and processing about 400 tons of palm kernel oil per day.

Key Palm Oil Companies:

ADM

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.

Order a free sample PDF of the Palm Oil Market Study, published by Grand View Research.