#Asia-Pacific Rice Protein Based Infant Formula Market
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The global Soy Protein Market is projected to grow from USD 10,501 million in 2024 to USD 15,279 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.8% over the forecast period. The soy protein market has emerged as one of the most dynamic sectors in the global food and beverage industry. As consumers prioritize healthier lifestyles and seek sustainable alternatives to animal-based products, soy protein has gained significant traction. This versatile and plant-based protein source is widely used in various applications, from dietary supplements and food products to animal feed and industrial uses.
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Overview of the Soy Protein Market
Soy protein is derived from soybeans and is valued for its high protein content, amino acid profile, and functional properties. It is available in three primary forms: soy protein isolate, soy protein concentrate, and soy flour. These forms cater to diverse needs in industries such as food and beverage, pharmaceuticals, cosmetics, and animal nutrition.
In recent years, the market has witnessed exponential growth due to increasing consumer awareness of the health benefits of soy protein. Factors such as its role in reducing cholesterol levels, supporting heart health, and serving as an excellent alternative for lactose-intolerant or vegan consumers contribute to its popularity.
Market Drivers
Rising Demand for Plant-Based Proteins The global shift toward plant-based diets has been a significant driver for the soy protein market. This trend is fueled by ethical considerations, environmental concerns, and a growing awareness of the health risks associated with excessive consumption of animal products.
Expanding Applications in Food and Beverage Soy protein is a critical ingredient in various food products such as meat substitutes, dairy alternatives, protein bars, and infant formulas. The surge in demand for meat alternatives has been particularly instrumental in driving market growth, with soy-based products often serving as the base ingredient.
Health and Nutritional Benefits Soy protein is a complete protein, providing all nine essential amino acids required by the human body. It is also low in saturated fats and free of cholesterol, making it an ideal choice for health-conscious consumers.
Technological Advancements in Food Processing Innovations in food technology have improved the taste, texture, and functionality of soy-based products, enhancing their appeal among consumers. Improved processing methods have also helped reduce the beany flavor traditionally associated with soy products.
Market Challenges
Allergen Concerns Despite its nutritional benefits, soy is one of the top allergens globally, which limits its consumption among certain consumer segments. Manufacturers are investing in research to mitigate these challenges by developing hypoallergenic soy products.
Competition from Other Plant-Based Proteins The market faces stiff competition from other plant-based proteins such as pea, rice, and hemp protein. These alternatives often have unique advantages, such as being allergen-free or offering distinct functional properties.
Environmental and Ethical Concerns While soy is often seen as a sustainable protein source, its cultivation has been linked to deforestation and habitat destruction in some regions. Ethical sourcing and sustainable practices are becoming critical for manufacturers to address these concerns.
Fluctuating Raw Material Prices The volatility in soybean prices due to weather conditions, trade policies, and geopolitical tensions poses a significant challenge for the industry.
Opportunities
Emerging Markets Developing economies in Asia-Pacific, Latin America, and Africa represent untapped potential for the soy protein market. Increasing disposable incomes, urbanization, and growing awareness of plant-based diets in these regions are driving demand.
Product Diversification Manufacturers are diversifying their product portfolios to include innovative offerings such as soy protein-based snacks, beverages, and ready-to-eat meals. This strategy helps cater to the evolving preferences of modern consumers.
Focus on Clean Label Products The demand for clean label and organic products is creating opportunities for premium soy protein products. Consumers increasingly prefer foods with transparent labeling and minimal processing.
Future Outlook
The soy protein market is projected to continue its growth trajectory in the coming years, driven by rising demand for sustainable and health-focused products. Strategic collaborations, technological advancements, and a commitment to sustainability will be crucial for companies aiming to capitalize on this growth.
However, addressing challenges such as allergen concerns, environmental impacts, and competition from other plant-based proteins will be pivotal for the long-term success of the industry.
Key Player Analysis:
ADM (Archer Daniels Midland Company)
Cargill, Incorporated
DuPont Nutrition & Biosciences (now part of IFF)
Kerry Group
Wilmar International Limited
CHS Inc.
Sonic Biochem Extractions Pvt. Ltd.
Shandong Yuwang Ecological Food Industry Co., Ltd.
Biopress S.A.S.
The Scoular Company
Segmentations:
By Source:
Organic
Conventional
By Product Type:
Isolates
Concentrates
Others (Hydrolysates/Flour, etc.)
By Application:
Food & Beverage
Pharmaceutical
Cosmetics
Others (Adhesives, Plastics, etc.)
By Region:
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
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Data Bridge Market Research analyzes that the Asia Pacific Rice Protein Based Baby Market will grow at a CAGR of 8.10% during the forecast period 2021-2028 and is projected to reach US$0.37 billion in 2028. The food that babies use in the first few months of life to meet their nutritional needs until the child gets the appropriate complementary food is called formula milk.
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Free-from Foods Market to Witness Astonishing Growth during Forecast 2028
The Global Free-from Foods Market 2021-2028 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction. The Free-From Foods market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. Additionally, it magnifies the chance for decision-making and helps create an efficient counter-strategy to realize a competitive advantage. The report provides up-to-date review of the present global market scenario, the newest developments and drivers, and therefore the overall market environment is given within the study.
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It provides the impact and recovery of Covid-19 pandemic on the Free-From Foods market. Relevant statistical data is additionally provided within the report back to recognize the challenges caused by the outbreak of Covid-19 and methods to cope up with the present scenario.
In addition to the present, the report also covers the section of competitive landscape of the worldwide market, which incorporates the market share & positioning of all the leading players within the industry. The competitive landscape analysis provides in-depth analysis of the company’s business and performance including company overview, recent investments by top players, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new development. a neighborhood of recent news & development has been added to the report which covers the newest information that are related with the market covering the acquisition, expansion, technology development, research & development activities, and other market activities.
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The Following are the Key Features of Global Free-from Foods Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2021-2028
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Free-from Foods Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Global Free-from Foods Market Segmentation Analysis:
By Product Type
- Sugar Free
Sugar-Free Dairy Products
Sugar-Free Confectionery
Sugar-Free Beverages
Sugar-Free Ice-Creams
Sugar-Free Bakery Products
- GMO Free
Meat & Poultry
Cereals & Grains
Edible Oil
Bakery
Packaged Food
Others
- Lactose Free
Yoghurt
Ice Cream
Milk
Condensed Milk
Milk Powder
Deserts
Butter/Cheese
Infant Formula
Processed Milk Products
- Gluten Free
Gluten-free Pasta
Gluten-free Baby Food
Gluten-free Bakery Products
Gluten-Free Ready Meals
- Dairy Free
Oat Based Dairy Free Products
Hemp Based Dairy Free Products
Coconut Based Dairy Free Products
Soy Based Dairy Free Products
Almond Based Dairy Free Products
Rice Based Dairy Free Products
Others
- Meat Free
Tofu
Tempeh
Textured Vegetable Protein
Seitan
Natto
- Artificial Ingredient Free Food
By Nature
- Organic
- Conventional
By Sales Channel
- Hypermarkets/Supermarkets
- Direct Sales
- Specialty Stores
- Convenience Stores
- Online Retail
- Others
Regional Insights:
The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Reasons to purchase the report:
Identify possible investment areas supported a comprehensive analysis of the worldwide Free-From Foods market over subsequent few years.
Gain in-depth knowledge of the underlying factors that drive demand for Free-From Foods market and recognize the opportunities provided by them.
Strengthen the business knowledge in terms of industry dynamics, demand drivers, and therefore the latest technological advances among others.
Identify the main channels that drive the demand for Free-From Foods market, offering a robust image of potential prospects which will be tapped, leading to growth in revenue.
Channelize funds by concentrating on the continued initiatives pursued by the various countries within the global Free-From Foods market.
Competitive Analysis:
The key players of the market are listed during this section of the study. It helps to know the tactics and alliances that players consider fighting market rivalry. An important microscopic check out the market is given within the detailed study. The major players operating in the Global Free-From Foods market are
Groupe Danone
Reckitt Benckiser Group Plc (RB)
Nestle SA
Abbott Laboratories Inc.
The Coca-Cola Co.
Vitasoy International Holdings Ltd
General Mills Inc.
Kikkoman Corporation
Valio Oy
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Asia-Pacific Rice Protein Based Infant Formula Market - Industry Trends and Forecast to 2026
Asia-Pacific Rice Protein Based Infant Formula Market By Type (Formulated, Unformulated), Product Type (Standard Formula, Toddler Formula, Follow-On Formula, Special Formula), Form (Non-GMO, GMO), Infant Age (6-12 Months, 0-6 Months, 1-3 Years), Distribution Channel (Store-Based Retailer, Non-Store Retailer), Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Indonesia, Malaysia, New Zealand, Philippines, Vietnam, Rest of Asia-Pacific) - Industry Trends and Forecast to 2026
Infant formula refers to the food products that are used by the infants during their first months of life providing nutritional requirements until the introduction of appropriate complementary feeding. These infant formulas were available only through physicians when it first appeared during the late 1800s. In 1950s, the advancement of infant formula grew gradually it became the choice of feeding method in the developed world. In the early 1970s, over 75% of babies in U.S. were formula-fed. In the late 1900s, the toddler formula appeared. There are various types of infant formula which are available for babies.
Asia-Pacific rice protein based infant formula market is projected to register a substantial CAGR in the forecast period of 2019 to 2026.
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Asia-Pacific Rice Protein Based Infant Formula Market Size, Status and Forecast 2018 – 2025
· Asia-Pacific Rice Protein Based Infant Formula Market Overview
· Asia-Pacific Rice Protein Based Infant Formula Market Manufacturers Profiles
· Asia-Pacific Rice Protein Based Infant Formula Market Sales, Revenue, Market Share and Competition by Manufacturer
· Asia-Pacific Rice Protein Based Infant Formula Market Analysis by Regions
· Asia-Pacific Rice Protein Based Infant Formula Market by Countries
· Asia-Pacific Rice Protein Based Infant Formula Market Segment by Type
· Asia-Pacific Rice Protein Based Infant Formula Market Segment by Application
· Asia-Pacific Rice Protein Based Infant Formula MarketForecast
· Sales Channel, Distributors, Traders and Dealers
· Research Findings and Conclusion
· Appendixes
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Segmentation: Asia-Pacific Rice Protein Based Infant Formula Market
Asia-Pacific rice protein based infant formula market is segmented into five notable segments which are type, product type, form, infant age and distribution channel.
· On the basis of type, the market is segmented into unformulated and formulated
· In February 2019, Lactalis Group showcased their products during the Gulfood in Dubai which was held from 17th to 21st February. This would help the company to showcase their products and increase their customer base.
· On the basis of product type, the market is segmented standard formula, toddler formula, follow-on formula and special formula
· In November 2018, Lactalis China showcased their products at the FHC China which was held from 13th to 15th November. This would help the company to showcase their products and increase their customer base.
· On the basis of form, the market is segmented into Non-GMO and GMO
· In October 2018, Lactalis International participated at the SIAL exhibition 2018 which was held from 21st to 25th October. This would help the company to showcase their products and increase their customer base.
· On the basis of infant age, the market is segmented into 0-6 months, 6-12 months and 1-3 years
· On the basis of distribution channel, the market is segmented into store-based retailer and non-store retailer
Competitive Analysis: Asia-Pacific Rice Protein Based Infant Formula Market
Some of the major players operating in Asia-Pacific rice protein based infant formula market are Nucitec SA de CV, La Mandorle, Laboratorios Ordesa, Kate Farms, Bayer AG, Lactalis International, BIOLAB PHARMA and Novalac among others.
Recent Development:
· In June 2018, Lactalis Group strengthened their position in the Middle East by signing a joint-venture with the Hanilor Company by covering both Smeds and Hanilor International subsidiaries. This strategy would help the company to strengthen its position in the Middle East by distributing their products.
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Research Methodology : Asia-Pacific Rice Protein Based Infant Formula Market
Primary Respondents:
Key Opinion Leaders (KOL’s): Manufacturers, Researchers, Distributors, Industrialists, Pediatricians and Food Specialists.
Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and National Sales Managers.
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Asia-Pacific Rice Protein Based Infant Formula Market Related Report
· Global Rice Protein Based Infant Formula Market
· Europe Rice Protein Based Infant Formula Market
· North America Rice Protein Based Infant Formula Market
#Asia-Pacific Rice Protein Based Infant Formula Market#Asia-Pacific Rice Protein Based Infant Formula Markettrade#Asia-Pacific Rice Protein Based Infant Formula Marketforcast#Asia-Pacific Rice Protein Based Infant Formula Marketshare
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Asia-Pacific rice protein based infant formula market is projected to register a substantial CAGR in the forecast period of 2019 to 2026.
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Plant-Based Milk Market 2022| Future Outlook by Key Players, Size, Share and Forecast 2022-2030 By R&I
A report titled “Plant-Based Milk Market: Opportunity Analysis and Future Assessment 2022-2030” has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data.
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Plant-Based Milk Introduction
Plant based milk can be understood as a kind of plant beverage with a color similar to that of milk. Plant based milks are basically non-dairy beverages developed from a water-based plant extract for aroma and flavoring. Plant based milks are consumed as replacements to milk, and by and large offer a milky and buttery mouthfeel. There are roughly around 17 various kinds of plant milks; among which oat, almond, coconut, and soy are the biggest-selling all around the world. It is significant to note that plant-based beverages have been used up for centuries, with the name "milk-like plant juices", since the 13th century. In present times, they are oftentimes pertained to as alternative milk, plant-based milk, non-dairy milk or vegan milk.
Attributing to its higher nutritional values and rich in minerals, vitamins, proteins and carbohydrates, plant-based milk is broadly recognized among consumers. It has several different applications in the dairy industry, food and beverage, and cosmetic industry. By virtue of rising awareness with regard to plant milk and its nutritional values among the consumers, the global plant-based milk market is projected to grow significantly in the following years.
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Plant-Based Milk Market Segmentation
The global plant-based milk market is segmented on the basis of category, form, source, product type, flavor type, end use, and region.
By Category
Organic
Conventional
By Form
Liquid
Powder
By Source
Fruits
Rice
Nuts
Soy
Others
By Product Type
Soy Milk
Almond Milk
Coconut milk
Cashew Milk
Hemp Seed Milk
Rice Milk
Oat Milk
Peanut Milk
Pea Milk
Hazelnut Milk
Macadamia Milk
Flax Milk
Walnut
Other Product Types (Spelt Milk, Banana, etc.)
By Flavor Type
Original/Unflavored
Flavoured
Chocolate
Vanilla
Strawberry
Coconut
Mocha
Berry
Hazelnut
Other
By End-Use
Infant Formula
Dairy Products
Milk
Cheese
Yogurt
Butter
Spreads
Ice Cream
Frozen Dessert
Bakery & Confectionary
Milk & Milk-based Beverages
Retail Sales
By Sales Channel
Direct Sales
Indirect Sales
Modern Trade
Convenience Store
Departmental Store
Traditional Store
Specialty Store
Online Retailers
Other Sales Channel
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Plant-Based Milk Market Key Players
Some of the key participating players in global Plant-Based Milk market are:
Groupe Danone
Alpina Foods
Blue Diamond Growers, Inc.
Döhler GmbH
Earth’s Own Food Company Inc
Elden Foods Inc
Freedom Foods Group Ltd
Goya Foods
Hain Celestial Group, Inc
Kaslink Foods Oy Ltd
Living Harvest Foods Inc
Liwayway Holdings Company Limited
Mc Cormick & Co.
Natura Foods
Nutriops SL
Organic Valley.
Pacific Foods of Oregon, Inc.
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Global Milk Substitutes Market - Forecast 2022-2027
Global Milk Substitutes Market Overview
The Global Milk Substitutes Market size is estimated to reach $36,638 million by 2027. Furthermore, it is poised to grow at a CAGR of 11.2% over the forecast period of 2022-2027. Milk substitutes are foods and drinks that can be used in place of dairy. These plant-based foods and beverages are thought to be a healthier alternative to dairy. Soy milk, rice milk, and almond milk are some of the most popular milk alternatives across the world. Pertaining to the inclusion of a number of critical vitamin D and minerals, dairy replacements are considered healthful. They're also low in fat and cholesterol, and lactose isn't present. Milk Alternatives have gained a lot of traction in both the mature and growing markets. This is owing to an increase in the number of persons who are allergic to dairy. One of the major drivers of the milk substitute industry's growth is a dynamic movement toward a western-oriented diet that has been observed in a number of emerging nations. Milk, cheese, butter, coffee creamers, infant formula, powdered milk, and other animal-derived dairy products are frequently used in a Western-style diet. However, as people become more conscious of animal suffering and the dairy industry's environmental effect, the consumption and adoption of dairy replacement products have increased. Furthermore, advantages such as lower calorie, fat, and protein levels, as well as the inclusion of plenty of water in dairy alternative products, are driving up demand among consumers worldwide, therefore, stimulating the Global Milk Substitutes industry. Furthermore, rising health consciousness and disposable income have boosted the expansion of the global milk substitutes market. However, the market is hampered by changing raw material prices and high operating costs. On the contrary, the milk alternatives market is anticipated to rise owing to an increase in vegan demand for milk substitutes and the launch of new flavors and varieties of milk alternatives.
Global Milk Substitutes Market Report Coverage:
The report: “Global Milk Substitutes Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Global Milk Substitutes Industry.
By Source – Soy, Almond, Rice, Coconut, Oats and Others.
By Product Type – Regular/Unflavored and Flavored.
By Nature – Organic and Conventional.
By Application – Food and Beverages.
By Distribution Channel - Hypermarkets or Supermarkets, Convenience Stores, Specialty Stores, Online Retail 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, and Rest of South America), and Rest of the World (the Middle East, and Africa).
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Key Takeaways:
Geographically, Asia-Pacific segment will dominate the market pertaining to the presence of agricultural production base for plant-based sources in the region and the growing penetration of various products globally are all driving regional market revenue growth.
During the forecast period 2022-2027, the rising consumption of dairy alternatives in the food and beverage industry owing to associated health benefits will drive the product demand.
A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Global Milk Substitutes Market Report.
Global Milk Substitutes Market Segment Analysis- By Source
The Global Milk Substitutes market based on the source can be further segmented into Soy, Almond, Rice, Coconut, Oats, and Others. For its widespread applicability in the foodservice and retail industries, the almond category held the biggest market share in 2021. Almonds are nutrient-dense food items that are high in magnesium, healthy fats, vitamin E, and dietary fibers. The demand for almond-based foods and beverages has increased dramatically in recent years, owing to the health advantages of preventing cell damage caused by high pressure, as well as aging, inflammation, tumors, and cancer. Furthermore, the favorable effects of almonds in lowering cholesterol and blood pressure will enhance segment growth. The industry statistics are being influenced positively by increased almond output to meet the expanding demand from the processed food and beverage sector. According to research by California Almonds, the almond-based dairy replacement had a total share of 36.5% of new launches in 2019. Low-calorie content and lower cholesterol levels, as well as higher daily, required vitamin D and vitamin E values will move the market forward.
However, the soy sector is anticipated to be the fastest-growing segment with a GAGR of 12.8%. During the projection period, this might be linked to rising demand in nations like India and China for products high in vitamins, zinc, and iron for optimal physical health. Moreover, the rising penetration of high nutrition and cholesterol-free dairy replacement products is predicted to raise the demand for soy in the nations such as the U.S. Furthermore, the high protein content, simple availability, low-fat content, high calcium level, and other nutritional value are all contributing to this increase.
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Global Milk Substitutes Market Segment Analysis - By Distribution Channel
The Global Milk Substitutes market based on the form can be further segmented into Hypermarkets or Supermarkets, Convenience Stores, Specialty Stores, Online Retail and Others. In 2021, the hypermarket or supermarkets category have the most market share. Supermarkets and hypermarkets are big retail shops that typically provide a variety of retail product categories under one roof. In order to be accessible to clients, supermarkets are frequently placed near a residential neighborhood. However, leading to a shortage of property near residential areas, the majority of supermarkets and hypermarket companies are expanding outside of the city. Walmart, Tesco, Aldi, Kroger, Carrefour, Whole Foods Market, and other major retailers have a substantial presence in the distribution of dairy alternatives. Consumers may now buy vitamin and calcium-fortified dairy-free drinks in these stores. Furthermore, shifting consumer tastes for low-calorie and sugar-free products has prompted many businesses to keep a surplus of these items on hand. This assures a steady supply of goods to customers, allowing the company to expand.
However, during the forecast period, 2022-2027, the convenience stores segment of the market is anticipated to account for the fastest CAGR of 12.3%. Owing to their low-volume purchase from manufacturers or suppliers, convenience stores typically offer smaller discounts than hypermarkets, supermarkets, and internet businesses. Furthermore, considering convenience stores primarily focus on everyday commodities, their limited shelf space prevents them from stocking a diverse range of milk substitutes. Consumers choose other distribution channels owing to the low availability of milk substitute brands in convenience shops, which is projected to impede the growth of this category during the projection period. Fresh milk, on the other hand, has more traction at convenience stores since people prefer it for everyday usage.
Global Milk Substitutes Market Segment Analysis- By Geography
The Global Milk Substitutes market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. In 2021, Asia-Pacific generated the most revenue, accounting for more than 40% of total revenue, and is anticipated to continue to do so throughout the projection period. The Asia-Pacific health and wellness movement has brought the issue of food intolerances and allergies to the forefront of modern consumers' attention, driving the adoption of milk substitutes. Low-calorie, artificial-ingredient-free, and protein-rich goods are becoming increasingly popular among consumers. This is fuelling the market's expansion. Vegetable protein or mixed proteins are found in plant-based drinks, which meet the growing need for a healthy lifestyle. Consumers of plant-based protein in Asia-Pacific have adopted a dairy-free diet to improve their health and well-being, as plant-based diets can not only help curb obesity, stroke, and heart disease, prevent a variety of cancers, reduce cholesterol and arthritis pain, but also lower blood sugar, and increase energy and mental clarity.
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Global Milk Substitutes Market Drivers
Growing cases of lactose intolerance coupled with an upsurge in environmental awareness are helping to drive market growth.
The global population of lactose-intolerant people is expanding, and the industry is booming as a result. Apart from intolerant persons, the belief that lactose-free products are better for human health is boosting the demand for milk substitutes. According to the National Institutes of Health, around 68% of the global population has hereditary lactose malabsorption. Furthermore, lactose intolerance affects 70% to 100% of East Asian adults, with the majority of cases occurring in adulthood. Furthermore, the manufacturing of some dairy products has significant environmental implications, resulting in adverse outcomes such as soil contamination, air pollution, water infiltration, and considerable biodiversity destruction. This is projected to promote the growth of the milk substitutes market in the near future.
The increasing prevalence of veganism among consumers is driving the market.
Many people believe that a vegan diet is healthful, and many choose to drink dairy replacements like soy milk, almond milk, rice milk, and other plant-based milk instead. The key consumers of dairy replacements who have fuelled the market expansion are vegan diet followers and adopters of a healthy diet. One of the key factors driving demand for milk substitutes throughout the world is a growing awareness among consumers of the benefits of a vegan diet. Many large economies, including the U.S. and the U.K., have witnessed significant growth in the vegan population.
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Global Milk Substitutes Market Challenges
Price fluctuations of raw materials are to limit the market growth.
During the forecast period 2022-2027, the cost of a milk substitute is determined by the availability of raw ingredients, which is why prices fluctuate. Raw material scarcity is a concern for oat milk and numerous other dairy replacements, causing costs to rise. Price fluctuation is one of the most significant impediments to the expansion of milk substitute beverage sales. Natural sources can also be used to provide dairy replacements. Changes in climatic circumstances may result in a lack of raw resources, which can contribute to price volatility. As a result, the market for dairy replacements is stifled.
Global Milk Substitutes Industry Outlook:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Milk Substitutes Market. The top 10 Global Milk Substitutes Market companies’ are:
Blue Diamond Growers
Earth’s Own Food Company Inc.
Hain Celestial Group, Inc.
Living Harvest Foods Inc.
Panos Brands Llc (Koninklijke Wessanen N.V.)
Pascual Group
Sunopta Inc.
Whitewave Foods Company Inc. (Danone)
Rebel Kitchen
Kikkoman Corporation
Recent Developments:
In January 2021, Nestle S.A. launched vegan, coconut milk-based, flat white coffee pods in the U.K. to offer consumers superior coffee made using lactose-free milk.
In May 2020, Blue Diamond Growers has expanded its Turlock manufacturing facility along with the construction of a new warehouse facility at Salida.
In November 2020, Sun Opta has invested an amount of USD 26 million in its Minnesota oat processing facility. The investment will help the company to cater to the rising demand for oat milk in the U.S.
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#Global Milk Substitutes Market Share#Global Milk Substitutes Market Price#Global Milk Substitutes Market Size#Global Milk Substitutes Market Forecast
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Food Fortifying Market by Manufacturers, Regions, Type and Application, Forecast to 2025
The food fortifying market is expected to grow globally at a phenomenal CAGR over the forecast period. It is a vertical market catering to various downstream industries – food, beverages, and pharmaceuticals. Key drivers for this market are growing awareness about the health benefits of fortified foods, rising incidence of chronic diseases like cancer, diabetes, blood pressure, Alzheimer’s, vitamin deficiency diseases like osteoporosis and rickets, focus on preventive healthcare, increased demand for fortified food, and dietary supplements diversifying into different markets. As a result of the growing applications of fortifying agents, government aids and initiatives, and demand in developing nations, this market is projected to have a linear growth in foreseeable future.
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The global rise in geriatric population is also driving this market exponentially. On the other hand, steep costs of fortified foods; compared to non-fortified foods, high R&D costs for dietary supplements, high costs of raw materials, and marketing strategies like multi-page labelling are restraining market growth. Market ecosystem is comprised of raw material suppliers, regulatory authorities, distributors, and the end user industries. It is a fragmented market as local players also compete with the established giants on a regional level. The different downstream industry verticals are spurring market growth.
Fortified foods are foods having additional minerals and vitamins, irrespective of whether nutritional value is lost during processing. They have gradually replaced supplement pills that were prevalent previously. Bio-fortification increases the nutrient value of crops. Synthetic biology is another method of food fortification that implies adding probiotic bacteria to foods. Common cooking foods like rice, oil, and flour are fortified on a commercial level, while vitamin D drops can be used on a domestic level.
The food fortifying market is segmented on the basis of application, type and the geographical region. The segments based on application are beverages, fats & oils, dairy & dairy-based products, cereals & cereal-based products, dietary supplements, infant formula (contains fortified calcium & phosphorus), bulk food items, confectionary and bakery products, animal feed, pet food, and tea. The segments based on type of fortifying agents are carbohydrates, proteins & amino acids, lipids, vitamins, minerals, prebiotics, probiotics, and others. The geographical regions for the food fortifying market are Asia Pacific, Europe, North America, and Rest of the World (RoW).
Bulk food items like rice, whole grain, and flour have so far dominated the market, followed by fats & oils. This can be attributed to their consumption on a larger amount. Dietary supplements segment is projected to reach the high-water mark in terms of CAGR in the forecast period. Prebiotics and probiotics are expected to be in great demand in the foreseeable future. Meanwhile, minerals like iron salts, and vitamins like Vitamin B complex and Vitamin C have the largest market share in terms of volume and value respectively.
This is due to the clinically evinced benefits of their assistance in overall health improvement. North America has so far led the market, with US on the forefront. This can be attributed to the greater spending capacity of consumer base and the prevalence of latest products. Asia-Pacific region is expected to grow exponentially over the forecast period due to rising awareness about health benefits of fortified foods, and prevalence of chronic diseases as well as diseases caused by vitamin & mineral deficiencies.
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Key players in the food fortifying market are Ingredion, Tate & Layle, Royal DSM, CHR HAnsing Holdings AS, BASF SE, Cargill Inc, Arla Foods, Nestle SA, Archer Daniels Midland Company, EI Du Pont De Nemours and Company, The Procter & Gamble Company, General Mills Inc, Phillip Morris Companies, HJ Heinz Company, Land O’ Lake, Kellogg Company, Hain Food Group.
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Whey Market Expected to Show Steady Growth during the forecast period
Market Overview
The increasing sale of whey is driven by the increase in demand for high protein containing products. The sale of whey protein as functional beverage is high amongst the athletes. Whey is popular due to its application in infant food formula as it provides necessary protein needed by the infant’s body. Rise in health concerns is one of the major factors contributing to growth of the product. High demands of grab-and-go drinks are supporting the sale of whey protein beverages. In addition, the sale of powdered whey is anticipated to grow at a higher rate based on the higher shelf-life of the product.
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Market Forecast
Globally the whey market share in food and beverage industry is escalating by rising demand of dairy products in the developed countries. The consumption of whey is high based on the high protein content and nutritional value of the product. Whey is found to have multi-purpose application in various other industries, amongst which the application in the sports nutrition food and beverages is increasing at a higher rate.
The high demand of ready-to-drink and Ready-to-eat protein supplements is supporting the sale of whey bars and whey functional protein drinks.
These factors will play a key role in the growth of Whey market at the CAGR of 6% during 2016-2022.
Downstream analysis-
Whey is used as a protein supplement due to the high protein content which is about 50-80%. The usage of whey is increasing as it is rich in lactose, vitamins minerals and has high nutritional value. It is now being used unconventionally for the preparation of pizza dough, as a milk substitute and in preparation of rice to raise the portion of protein in these food products. Whey is extensively used in the production of functional beverages which is the most preferred option amongst the athletes. They higher demand of whey is based on its wide application as a core ingredient and as a nutrient enhancer.
Competitive analysis-
The major key players in whey market are
Arla Foods (Denmark)
Agropur MSI, LLC (U.S.)
American Dairy Products Institute (U.S.)
Westland Co-operative Dairy Company (New Zealand)
Glanbia, Plc (Ireland)
DMK Group (Germany)
Davisco Foods Internation, Inc (U.S.)
Milk Specialties Global (U.S.)
Key players in Whey market are mainly located in North America and Europe. Key Players from Belgium, U.S. and U.K. are following strategies of merger and acquisition with small players to expand their business in other regions due to increasing demand of whey as a dietary supplement. They are mainly focused on increasing their supply to established industries that have high demand of high protein containing food supplements.
Regional Analysis
The Global Whey Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these North America region has the major market share followed by Europe. U.S. is amongst the major producers of whey. Increasing demands of healthy bakery products is supporting the growth of the market in developed countries of North America and Europe region. Canada, Germany, China, U.S. and U.K. are the major importers of whey.
Market Segmentation-
Global Whey Market is segmented by source, form, type, application and region
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Global Natural Fertility Supplements Market Overview, Trends and Key Drivers and Forecast by 2027
Market Analysis and Insights:- Global Natural Fertility Supplements Market
Global Natural Fertility Supplements Market By Product (Capsules, Tablets, Soft Gels, Powders, Liquids), End-Use (Men, Women), Distribution Channel (OTC, Prescribed), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Natural Fertility Supplements Market
Natural fertility supplements market is expected to grow at a growth rate of 8.90% in the forecast period 2020 to 2027. Increasing number of smokers as well as rising consumption of alcohol will acts as a factor for the natural fertility supplements market in the forecast period of 2020- 2027.
Growing number of geriatric population across the globe, changing lifestyle among the people, rising healthcare cost along with increasing innovations in food as well as medical discoveries are some of the factors that will likely to enhance the growth of the natural fertility supplements market in the forecast period of 2020-2027. On the other hand, adoption of early fertility treatment will further boost various opportunities that will lead to the growth of the natural fertility supplements market in the above mentioned forecast period.
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This natural fertility supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on natural fertility supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Natural Fertility Supplements Market Scope and Market Size
Natural fertility supplements market is segmented on the basis of product, end-use, and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the natural fertility supplements market is segmented into capsules, tablets, soft gels, powders, and liquids.
Based on end-use, the natural fertility supplements market is segmented into men, and women.
Based on the distribution channel, the natural fertility supplements market is segmented into OTC, and prescribed.
Natural Fertility Supplements Market Country Level Analysis
Natural fertility supplements market is analyses and market size, volume information is provided by country by product, end-use, and distribution channel as referenced above.
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The countries covered in the natural fertility supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA)
Competitive Landscape and Natural Fertility Supplements Market Share Analysis
Global Natural fertility supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to natural fertility supplements market.
The major players covered in the natural fertility supplements report are FUJIFILM Irvine Scientific, Xytex, Care Fertility, Shivani Scientific Industries Private Limited, Alabama Fertility, INVO Bioscience, IVFtech ApS, DHEA Fertility Nutritional Supplement, Ocean Healthcare Private Limited, Genea Limited, Medicover, Monash IVF, ZenithNutrition, Coast Science, OvaScience Progyny Inc., Apollo Fertility, Carolinas Fertility Institute, Bayer AG, Supplemena LLC, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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Customization Available: Global Natural Fertility Supplements Market
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Asia-Pacific Rice Protein Based Infant Formula Market Size And Growth to 2028
Such market research report provides accurate information about market trends, industrial changes, consumer behavior etc. and aids to know different market opportunities present worldwide. It reveals uncertainties that may arise due to changes in business activities or introduction of a new product in the market. This business report guides companies to take decisive actions to cope with threats in the niche market. The report provides players with crucial information and suggests result-oriented tactics to gain a competitive edge in the worldwide market. Important industry trends, market size, market share estimates are analysed and mentioned in the Asia-Pacific Rice Protein Based Infant Formula market research report. The research studies of this Asia-Pacific Rice Protein Based Infant Formula Market report helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share. Market estimations along with the statistical nuances included in this market report give an insightful view of the market. The market analysis serves present as well as future aspects of the market primarily liable upon factors where the companies participate in the market growth, crucial trends and segmentation analysis. The Asia-Pacific Rice Protein Based Infant Formula Market report contains the list of leading competitors, strategic industry analysis and the insights of key factors influencing the Asia-Pacific Rice Protein Based Infant Formula industry.
Drivers: Global Rice Protein Based Infant Formula Market
· Rising population of working mothers
· Growing infant population
Restraint:
· Stringent Regulation
Opportunity:
· Increasing awareness regarding importance of nutrition for infants
Challenge:
· High content of toxic chemicals in rice based infant formula
Market Analysis and Insights: Asia-Pacific Rice Protein Based Infant Formula Market
Data Bridge Market Research analyzes that the Asia Pacific Rice Protein Based Baby Market will grow at a CAGR of 8.10% during the forecast period 2021-2028 and is projected to reach US$0.37 billion in 2028.
The food that babies use in the first few months of life to meet their nutritional needs until the child gets the appropriate complementary food is called formula milk. Adapted baby formula is considered the best solution for growing babies. It helps maintain the immune system by growing healthy bacteria in the gut to boost the immune system.
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Asia-Pacific Rice Protein Based Infant Formula Market Scope and Market Size
· Based on the Type, the Rice Protein Baby Formula market is segmented into formulated and unformulated.
· Based on the type of product, the rice protein-based infant market is segmented into standard formula milk, infant formula milk, follow-up formula milk, and special formula milk.
· Based on its shape, the Rice Protein Based Baby Protein market is segmented into Non-GMO and GMO.
· Based on the baby's age, the rice protein-based baby market is segmented into 6-12 months, 0-6 months, and 1-3 years.
· Based on distribution channels, the Rice Protein Based Infant Formula market is segmented into in-store retailers and out-of-store retailers.
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The major players covered in the Asia-Pacific rice protein based infant formula market report are Nucitec S.A. de C.V., Bayer AG, Ordesa, La Mandorle, Kate Farms, Lactalis International, BIOLAB PHARMA and Novalac, among others.
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Food Fortifying Market is Projected to Have a Linear Growth in Foreseeable Future in 2025
Mar 23, 2021: The food fortifying market is expected to grow globally at a phenomenal CAGR over the forecast period. It is a vertical market catering to various downstream industries – food, beverages, and pharmaceuticals. Key drivers for this market are growing awareness about the health benefits of fortified foods, rising incidence of chronic diseases like cancer, diabetes, blood pressure, Alzheimer’s, vitamin deficiency diseases like osteoporosis and rickets, focus on preventive healthcare, increased demand for fortified food, and dietary supplements diversifying into different markets. As a result of the growing applications of fortifying agents, government aids and initiatives, and demand in developing nations, this market is projected to have a linear growth in foreseeable future.
The global rise in geriatric population is also driving this market exponentially. On the other hand, steep costs of fortified foods; compared to non-fortified foods, high R&D costs for dietary supplements, high costs of raw materials, and marketing strategies like multi-page labelling are restraining market growth. Market ecosystem is comprised of raw material suppliers, regulatory authorities, distributors, and the end user industries. It is a fragmented market as local players also compete with the established giants on a regional level. The different downstream industry verticals are spurring market growth.
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Fortified foods are foods having additional minerals and vitamins, irrespective of whether nutritional value is lost during processing. They have gradually replaced supplement pills that were prevalent previously. Bio-fortification increases the nutrient value of crops. Synthetic biology is another method of food fortification that implies adding probiotic bacteria to foods. Common cooking foods like rice, oil, and flour are fortified on a commercial level, while vitamin D drops can be used on a domestic level.
The food fortifying market is segmented on the basis of application, type and the geographical region. The segments based on application are beverages, fats & oils, dairy & dairy-based products, cereals & cereal-based products, dietary supplements, infant formula (contains fortified calcium & phosphorus), bulk food items, confectionary and bakery products, animal feed, pet food, and tea. The segments based on type of fortifying agents are carbohydrates, proteins & amino acids, lipids, vitamins, minerals, prebiotics, probiotics, and others. The geographical regions for the food fortifying market are Asia Pacific, Europe, North America, and Rest of the World (RoW).
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Bulk food items like rice, whole grain, and flour have so far dominated the market, followed by fats & oils. This can be attributed to their consumption on a larger amount. Dietary supplements segment is projected to reach the high-water mark in terms of CAGR in the forecast period. Prebiotics and probiotics are expected to be in great demand in the foreseeable future. Meanwhile, minerals like iron salts, and vitamins like Vitamin B complex and Vitamin C have the largest market share in terms of volume and value respectively.
This is due to the clinically evinced benefits of their assistance in overall health improvement. North America has so far led the market, with US on the forefront. This can be attributed to the greater spending capacity of consumer base and the prevalence of latest products. Asia-Pacific region is expected to grow exponentially over the forecast period due to rising awareness about health benefits of fortified foods, and prevalence of chronic diseases as well as diseases caused by vitamin & mineral deficiencies.
Key players in the food fortifying market are Ingredion, Tate & Layle, Royal DSM, CHR HAnsing Holdings AS, BASF SE, Cargill Inc, Arla Foods, Nestle SA, Archer Daniels Midland Company, EI Du Pont De Nemours and Company, The Procter & Gamble Company, General Mills Inc, Phillip Morris Companies, HJ Heinz Company, Land O’ Lake, Kellogg Company, Hain Food Group.
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Free-from Foods Market Investigation Reveals Enhanced Growth during the forecast Period, 2020-2028
The Global Free-from Foods Market 2020-2028 Report provides an in-depth analysis on the studied market that helps to look at the future requirement as well as prediction. The free-from foods market report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. In addition, it magnifies the opportunity for decision-making and helps create an efficient counter-strategy to achieve a competitive advantage. The report provides up-to-date review of the current global market scenario, the latest developments and drivers, and the overall market environment is given in the study.
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The Following are the Key Features of Global FREE-FROM FOODS Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2028
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Free-from Foods Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Global FREE-FROM FOODS Market Segmentation Analysis:
The global free-from foods market is segmented on the lines of nature, product, end use, sales channel and region.
By Product Type
- Sugar Free
Sugar-Free Dairy Products
Sugar-Free Confectionery
Sugar-Free Beverages
Sugar-Free Ice-Creams
Sugar-Free Bakery Products
- GMO Free
Meat & Poultry
Cereals & Grains
Edible Oil
Bakery
Packaged Food
Others
- Lactose Free
Yoghurt
Ice Cream
Milk
Condensed Milk
Milk Powder
Deserts
Butter/Cheese
Infant Formula
Processed Milk Products
- Gluten Free
Gluten-free Pasta
Gluten-free Baby Food
Gluten-free Bakery Products
Gluten-Free Ready Meals
- Dairy Free
Oat Based Dairy Free Products
Hemp Based Dairy Free Products
Coconut Based Dairy Free Products
Soy Based Dairy Free Products
Almond Based Dairy Free Products
Rice Based Dairy Free Products
Others
- Meat Free
Tofu
Tempeh
Textured Vegetable Protein
Seitan
Natto
- Artificial Ingredient Free Food
By Nature
- Organic
- Conventional
By Sales Channel
- Hypermarkets/Supermarkets
- Direct Sales
- Specialty Stores
- Convenience Stores
- Online Retail
- Others
Free-from Foods Market, By Region: The geographic segmentation of the studied market covers various regions such as North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).
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Competitive Landscape
Groupe Danone
Reckitt Benckiser Group Plc (RB)
Nestle SA
Abbott Laboratories Inc.
The Coca-Cola Co.
Vitasoy International Holdings Ltd
General Mills Inc.
Kikkoman Corporation
Valio Oy
Report Scope:
The report defines market characteristics and explains the market.
The market size section provides the market size that covers historical growth of the studied market and forecast to 2028.
Evaluation of regional and country breakdowns that provides an overview of the market in each region, the market size, and compares their historical and projected growth.
A summary of the competitive dynamics of the market, market shares, and an overview of the leading companies. Key financial deals are listed that have dominated the market in recent years.
Analysis of trends and strategies along with the suggestions for the growth of the industry.
Reasons to purchase the report:
Identify possible investment areas based on a comprehensive trend analysis of the global free-from foods market over the next few years.
Gain in-depth knowledge of the underlying factors that drive demand for free-from foods and recognize the opportunities provided by them.
Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
Identify the major channels that drive the demand for free-from foods market, offering a strong image of potential prospects that can be tapped, resulting in growth in revenue.
Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global free-from foods market.
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Food Fortifying Market Size & Share Analysis by Type and Region, Forecast Report, 2025
25th February 2021 – The food fortifying market is expected to grow globally at a phenomenal CAGR over the forecast period. It is a vertical market catering to various downstream industries – food, beverages, and pharmaceuticals. Key drivers for this market are growing awareness about the health benefits of fortified foods, rising incidence of chronic diseases like cancer, diabetes, blood pressure, Alzheimer’s, vitamin deficiency diseases like osteoporosis and rickets, focus on preventive healthcare, increased demand for fortified food, and dietary supplements diversifying into different markets. As a result of the growing applications of fortifying agents, government aids and initiatives, and demand in developing nations, this market is projected to have a linear growth in foreseeable future.
The global rise in geriatric population is also driving this market exponentially. On the other hand, steep costs of fortified foods; compared to non-fortified foods, high R&D costs for dietary supplements, high costs of raw materials, and marketing strategies like multi-page labelling are restraining market growth. Market ecosystem is comprised of raw material suppliers, regulatory authorities, distributors, and the end user industries. It is a fragmented market as local players also compete with the established giants on a regional level. The different downstream industry verticals are spurring market growth.
Access Food Fortifying Market Report with TOC @ https://www.millioninsights.com/industry-reports/food-fortifying-market
Fortified foods are foods having additional minerals and vitamins, irrespective of whether nutritional value is lost during processing. They have gradually replaced supplement pills that were prevalent previously. Bio-fortification increases the nutrient value of crops. Synthetic biology is another method of food fortification that implies adding probiotic bacteria to foods. Common cooking foods like rice, oil, and flour are fortified on a commercial level, while vitamin D drops can be used on a domestic level. The food fortifying market is segmented on the basis of application, type and the geographical region. The segments based on application are beverages, fats & oils, dairy & dairy-based products, cereals & cereal-based products, dietary supplements, infant formula (contains fortified calcium & phosphorus), bulk food items, confectionary and bakery products, animal feed, pet food, and tea. The segments based on type of fortifying agents are carbohydrates, proteins & amino acids, lipids, vitamins, minerals, prebiotics, probiotics, and others. The geographical regions for the food fortifying market are Asia Pacific, Europe, North America, and Rest of the World (RoW).
Bulk food items like rice, whole grain, and flour have so far dominated the market, followed by fats & oils. This can be attributed to their consumption on a larger amount. Dietary supplements segment is projected to reach the high-water mark in terms of CAGR in the forecast period. Prebiotics and probiotics are expected to be in great demand in the foreseeable future. Meanwhile, minerals like iron salts, and vitamins like Vitamin B complex and Vitamin C have the largest market share in terms of volume and value respectively. This is due to the clinically evinced benefits of their assistance in overall health improvement. North America has so far led the market, with US on the forefront. This can be attributed to the greater spending capacity of consumer base and the prevalence of latest products. Asia-Pacific region is expected to grow exponentially over the forecast period due to rising awareness about health benefits of fortified foods, and prevalence of chronic diseases as well as diseases caused by vitamin & mineral deficiencies.
Key players in the food fortifying market are Ingredion, Tate & Layle, Royal DSM, CHR HAnsing Holdings AS, BASF SE, Cargill Inc, Arla Foods, Nestle SA, Archer Daniels Midland Company, EI Du Pont De Nemours and Company, The Procter & Gamble Company, General Mills Inc, Phillip Morris Companies, HJ Heinz Company, Land O’ Lake, Kellogg Company, Hain Food Group.
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Food Fortifying Market Competitive Analysis and Forecast Report till 2025
January 28, 2021: The food fortifying market is expected to grow globally at a phenomenal CAGR over the forecast period. It is a vertical market catering to various downstream industries – food, beverages, and pharmaceuticals. Key drivers for this market are growing awareness about the health benefits of fortified foods, rising incidence of chronic diseases like cancer, diabetes, blood pressure, Alzheimer’s, vitamin deficiency diseases like osteoporosis and rickets, focus on preventive healthcare, increased demand for fortified food, and dietary supplements diversifying into different markets. As a result of the growing applications of fortifying agents, government aids and initiatives, and demand in developing nations, this market is projected to have a linear growth in foreseeable future.
The global rise in geriatric population is also driving this market exponentially. On the other hand, steep costs of fortified foods; compared to non-fortified foods, high R&D costs for dietary supplements, high costs of raw materials, and marketing strategies like multi-page labelling are restraining market growth. Market ecosystem is comprised of raw material suppliers, regulatory authorities, distributors, and the end user industries. It is a fragmented market as local players also compete with the established giants on a regional level. The different downstream industry verticals are spurring market growth.
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Fortified foods are foods having additional minerals and vitamins, irrespective of whether nutritional value is lost during processing. They have gradually replaced supplement pills that were prevalent previously. Bio-fortification increases the nutrient value of crops. Synthetic biology is another method of food fortification that implies adding probiotic bacteria to foods. Common cooking foods like rice, oil, and flour are fortified on a commercial level, while vitamin D drops can be used on a domestic level.
The food fortifying market is segmented on the basis of application, type and the geographical region. The segments based on application are beverages, fats & oils, dairy & dairy-based products, cereals & cereal-based products, dietary supplements, infant formula (contains fortified calcium & phosphorus), bulk food items, confectionary and bakery products, animal feed, pet food, and tea. The segments based on type of fortifying agents are carbohydrates, proteins & amino acids, lipids, vitamins, minerals, prebiotics, probiotics, and others. The geographical regions for the food fortifying market are Asia Pacific, Europe, North America, and Rest of the World (RoW).
Bulk food items like rice, whole grain, and flour have so far dominated the market, followed by fats & oils. This can be attributed to their consumption on a larger amount. Dietary supplements segment is projected to reach the high-water mark in terms of CAGR in the forecast period. Prebiotics and probiotics are expected to be in great demand in the foreseeable future. Meanwhile, minerals like iron salts, and vitamins like Vitamin B complex and Vitamin C have the largest market share in terms of volume and value respectively.
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This is due to the clinically evinced benefits of their assistance in overall health improvement. North America has so far led the market, with US on the forefront. This can be attributed to the greater spending capacity of consumer base and the prevalence of latest products. Asia-Pacific region is expected to grow exponentially over the forecast period due to rising awareness about health benefits of fortified foods, and prevalence of chronic diseases as well as diseases caused by vitamin & mineral deficiencies.
Key players in the food fortifying market are Ingredion, Tate & Layle, Royal DSM, CHR HAnsing Holdings AS, BASF SE, Cargill Inc, Arla Foods, Nestle SA, Archer Daniels Midland Company, EI Du Pont De Nemours and Company, The Procter & Gamble Company, General Mills Inc, Phillip Morris Companies, HJ Heinz Company, Land O’ Lake, Kellogg Company, Hain Food Group.
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Food Fortifying Market Research 2020-2025 Report by Overview, Growth, Economics, Demand
Food Fortifying Market is expected to grow globally at a phenomenal CAGR over the forecast period. It is a vertical market catering to various downstream industries – food, beverages, and pharmaceuticals. Key drivers for this market are growing awareness about the health benefits of fortified foods, rising incidence of chronic diseases like cancer, diabetes, blood pressure, Alzheimer’s, vitamin deficiency diseases like osteoporosis and rickets, focus on preventive healthcare, increased demand for fortified food, and dietary supplements diversifying into different markets. As a result of the growing applications of fortifying agents, government aids and initiatives, and demand in developing nations, this market is projected to have a linear growth in foreseeable future.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/food-fortifying-market/request-sample
The key driving factors responsible for the growth of Food Fortifying market :
The global rise in geriatric population is also driving this market exponentially. On the other hand, steep costs of fortified foods; compared to non-fortified foods, high R&D costs for dietary supplements, high costs of raw materials, and marketing strategies like multi-page labelling are restraining market growth. Market ecosystem is comprised of raw material suppliers, regulatory authorities, distributors, and the end user industries. It is a fragmented market as local players also compete with the established giants on a regional level. The different downstream industry verticals are spurring market growth.
Fortified foods are foods having additional minerals and vitamins, irrespective of whether nutritional value is lost during processing. They have gradually replaced supplement pills that were prevalent previously. Bio-fortification increases the nutrient value of crops. Synthetic biology is another method of food fortification that implies adding probiotic bacteria to foods. Common cooking foods like rice, oil, and flour are fortified on a commercial level, while vitamin D drops can be used on a domestic level.
The food fortifying market is segmented on the basis of application, type and the geographical region. The segments based on application are beverages, fats & oils, dairy & dairy-based products, cereals & cereal-based products, dietary supplements, infant formula (contains fortified calcium & phosphorus), bulk food items, confectionary and bakery products, animal feed, pet food, and tea. The segments based on type of fortifying agents are carbohydrates, proteins & amino acids, lipids, vitamins, minerals, prebiotics, probiotics, and others. The geographical regions for the food fortifying market are Asia Pacific, Europe, North America, and Rest of the World (RoW).
Bulk food items like rice, whole grain, and flour have so far dominated the market, followed by fats & oils. This can be attributed to their consumption on a larger amount. Dietary supplements segment is projected to reach the high-water mark in terms of CAGR in the forecast period. Prebiotics and probiotics are expected to be in great demand in the foreseeable future. Meanwhile, minerals like iron salts, and vitamins like Vitamin B complex and Vitamin C have the largest market share in terms of volume and value respectively.
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