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marketdevelopment · 9 months ago

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Food Minerals Market: Global Industry Analysis and Forecast 2023 – 2030

The Global Food Minerals Market was valued at USD 1.66 Billion in 2021 and is expected to reach USD 2.48 Billion by the year 2028, at a CAGR of 5.9%.

Minerals are inorganic substances that cannot be biologically produced and are required for overall growth. Most of the mineral elements that organisms bolt is in the form of simple compounds. Several minerals comprise phosphorus, calcium, zinc, iron, magnesium, and potassium. These ingredients help to keep the immune system healthy and defense the body from various diseases. The body utilized minerals to act as various functions from building strong bones to nerve impulse transmission. Poor nutrient-rich food increases the demand for these minerals. The vitamins and mineral supplements industry consist of sales of vitamins and mineral supplements that enhance the health and wellness of the population. The sales contain revenue generated by the establishments producing vitamins and minerals.

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The latest research on the Food Minerals market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Food Minerals industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Food Minerals market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Food Minerals Market include:

Cargill Incorporated., Archer Daniels Midland Company (ADM), CalciTech Europe Limited, Sigma Minerals Ltd., Waitaki Bio, AB Enzymes, Dangote Industries Limited, CK Ingredients, Eisai Co.Ltd., Avion Pharmaceuticals LLC, Omya AG, Micronutrients, ABF Ingredients, AlgaeCalInc, SPI Pharma, Ohly, K+S AKTIENGESELLSCHAFT, ABITEC and other major players.

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Segmentation of Food Minerals Market:

By Type

Magnesium

Iron

Calcium

Others

By Source

Fruits

Vegetables

Seaweed

Nuts

Marine

Others

By Application

Food & Beverages

Pharmaceuticals & Nutraceuticals

Animal Feed

Others

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Food Minerals market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Food Minerals market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Food Minerals market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Food Minerals market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Food Minerals Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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#Food Minerals #Food Minerals Market #Food Minerals Market Size #Food Minerals Market Share #Food Minerals Market Growth #Food Minerals Market Trend #Food Minerals Market segment #Food Minerals Market Opportunity #Food Minerals Market Analysis 2023

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industrynewsupdates · 6 days ago

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Mining Logistics Market Opportunity, Driving Factors And Highlights of The Market

The global mining logistics market size was estimated at USD 28.86 billion in 2023 and is projected to grow at a CAGR of 14.9% from 2024 to 2030. The market growth can be attributed to the increasing demand for metals and minerals, expansion of mining activities in remote areas, and technological advancements. Countries, like China, India, and Brazil are witnessing rapid industrialization and urbanization, leading to increased consumption of raw materials. This in turn, is driving the demand for efficient logistics solutions to transport these materials from mines to processing plants and end-users.

The expansion of mining activities in remote and hard-to-reach areas is another key market growth driver. As easily accessible mineral deposits are depleted, mining companies are exploring new regions, often located in challenging terrains with limited infrastructure. This necessitates the development of specialized logistics solutions to ensure the smooth transportation of raw materials. Furthermore, government policies and infrastructure development initiatives are playing a crucial role in shaping the mining logistics market. Governments across the globe are investing in the development of transportation networks, including road, railways, and ports, to support the mining industry.

One of the most significant trends in the market for mining logistics is the shift towards automation and smart logistics. Companies are increasingly adopting automated vehicles, drones, and robotics to streamline operations, reduce labor costs, and improve safety. Furthermore, integration of AI and machine learning in supply chain management enable companies in the market to optimize logistics operations by predicting demand, managing inventory, and identifying potential disruptions in real-time.

Gather more insights about the market drivers, restrains and growth of the Mining Logistics Market

Key Mining Logistics Company Insights

Some of the key companies operating in the mining logistics market include A.P. Moller - Maersk, ATG Australian Transit Group, Bis Industries, Blue Water Shipping, Centurion, Linfox Pty Ltd., PLS Logistics, TIBA, Tranz Logistics, and Vale.

• Blue Water Shipping is a provider of logistics services across the globe. The company’s logistics expertise includes aerospace logistics, mining logistics, chemical logistics, energy logistics, and solar energy logistics, among others. The company’s capacity for bulk cargo, cost-effectiveness, and access to specialized port infrastructure make it the most reliable and economical option for moving mined materials internationally.

• CSM Tech is engaged in providing specialized technology solutions for industries including agriculture, mining, education, healthcare, hospitality, and food security, among others. The company drives digital transformation through IoT, AI, and data analytics, offering innovative, customizable services tailored to mining companies’ needs.

Recent Developments

• In May 2024, Bralorne Gold Mines Ltd., a subsidiary of Talisker Resources Ltd signed an ore hauling agreement with Stromsten Enterprises, a trucking service provider, in partnership with Bridge River Management Corporation. Through the agreement the material from Mustang Mine will be transported to Craigmont milling facility.

• In March 2024, TIBA starts operations in Turkey. The operation in Turkey helps the company to strengthen the traffic between Turkey/Europe and Asia/Turkey, and also connect Turkey with Latin America and Africa.

Global Mining Logistics Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global mining logistics market report based on type, application, and region:

Type Outlook (Revenue, USD Million, 2017 - 2030)

• Transportation Service

• Warehousing & Storage Service

• Value-added Service

Application Outlook (Revenue, USD Million, 2017 - 2030)

• Iron Ore

• Metals

• Coal

• Gold

• Others

Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

• Asia Pacific

o India

o China

o Japan

o South Korea

o Australia

• Latin America

o Brazil

• Middle East and Africa (MEA)

o Kingdom of Saudi Arabia (KSA)

o UAE

o South Africa

Order a free sample PDF of the Mining Logistics Market Intelligence Study, published by Grand View Research.

#Mining Logistics Market #Mining Logistics Market Size #Mining Logistics Market Share #Mining Logistics Market Analysis #Mining Logistics Market Growth

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credenceresearchdotblog · 14 days ago

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The global Functional Yogurt Market is projected to grow from USD 23,981.72 million in 2023 to USD 45,633.39 million by 2032, with a CAGR of 7.41%. The global Functional Yogurt Market is witnessing remarkable growth, driven by increasing consumer awareness of the health benefits associated with functional foods. Functional yogurt, fortified with probiotics, prebiotics, vitamins, and minerals, has become a staple in the health-conscious consumer's diet. This product segment bridges the gap between indulgence and health, offering consumers both taste and nutritional benefits.

Browse the full report https://www.credenceresearch.com/report/functional-yogurt-market

Market Overview

Functional yogurt, a subcategory of the broader dairy market, has evolved significantly in recent years. The market is poised for steady growth due to rising consumer demand for natural and functional foods that enhance overall health. Key attributes of functional yogurt include improved digestion, strengthened immunity, and better gut health, which appeal to a wide demographic. In addition, product innovations and diversification, such as plant-based and low-sugar options, have widened the market's consumer base.

Key Drivers of Market Growth

Increasing Health Awareness: Consumers are increasingly prioritizing health and wellness, particularly in the aftermath of the COVID-19 pandemic. Functional yogurt, known for its probiotic content and associated benefits, fits perfectly into this trend.

Rising Prevalence of Digestive Disorders: The growing awareness of gut health and its impact on overall well-being has boosted demand for probiotics-rich foods like functional yogurt.

Product Innovation: Companies are introducing innovative flavors and formats, such as drinkable yogurts and plant-based options, catering to evolving consumer preferences and dietary restrictions.

Clean Label Trends: Consumers are increasingly seeking products with transparent ingredient lists and natural components, which has driven manufacturers to reformulate their products with cleaner, healthier ingredients.

Challenges in the Functional Yogurt Market

Despite its growing popularity, the market faces several challenges. The high cost of production, particularly for plant-based and fortified yogurts, limits accessibility for some consumers. Additionally, regulatory hurdles surrounding health claims and probiotic labeling require manufacturers to navigate complex compliance standards.

Future Outlook

The functional yogurt market is expected to grow steadily, driven by ongoing innovation and increasing consumer demand for health-centric foods. The integration of advanced probiotics and novel ingredients, such as collagen and adaptogens, is anticipated to further expand the market. Additionally, the shift towards plant-based alternatives is likely to attract a broader consumer base, including vegans and lactose-intolerant individuals.

Key Player Analysis

Danone

Nestlé

Chobani

Yoplait (General Mills)

The Kefir Company

Müller

Stonyfield Farm

Lactalis Group

Segments:

Based on Product Type:

Probiotic Yogurt

Greek Yogurt

Low-fat Yogurt

Organic Yogurt

Flavored Yogurt

Based on Application:

Health and Wellness

Sports Nutrition

Weight Management

Others

Based on Ingredient:

Probiotics

Prebiotics

Vitamins and Minerals

Proteins

Based on Distribution Channel:

Supermarkets/Hypermarkets

Online Retailers

Specialty Stores

Convenience Stores

Others

Based on the Geography:

North America

U.S.

Canada

Mexico

Europe

France

Germany

Italy

Spain

Russia

Belgium

Netherlands

Austria

Sweden

Poland

Denmark

Switzerland

Rest of Europe

Asia Pacific

China

Japan

South Korea

India

Australia

Thailand

Indonesia

Vietnam

Malaysia

Philippines

Taiwan

Rest of Asia Pacific

Latin America

Brazil

Argentina

Peru

Chile

Colombia

Rest of Latin America

Middle East

UAE

KSA

Israel

Turkey

Iran

Rest of Middle East

Africa

Egypt

Nigeria

Algeria

Morocco

Rest of Africa

Browse the full report https://www.credenceresearch.com/report/functional-yogurt-market

Contact:

Credence Research

Please contact us at +91 6232 49 3207

Email: [email protected]

Website: www.credenceresearch.com

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research-fusion · 18 days ago

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Global Grease Market: Key Drivers, Size, and Share Forecast (2024-2032)

The global grease market size was valued at USD 6.36 billion in 2023. The market is projected to grow from USD 6.60 billion in 2024 to USD 9.49 billion by 2032 at a CAGR of 4.6% during the forecast period. Grease offers effective lubrication across an array of operating conditions such as heavy loads and high temperature. The rising product deployment across numerous industries, such as mining and construction, fuels industry growth.

Segmentation:

Mineral Oil Segment Registered Major Share Owing to Friction-Reducing Properties

Based on base oil, the market is segregated into synthetic oil, bio-based oil, and mineral oil. The mineral oil segment accounted for a prominent share of the global market in 2023. The oil assists in decreasing wear and friction between moving parts, which is one of the major attributes fueling segment growth.

Automotive Segment Led the Market Due to Benefit of Smooth Longevity of Auto Parts

By application, the market is categorized into mining, power generation, construction, food & beverage, agriculture, automotive, and others. The automotive segment bagged a dominating position of the global market in 2023. The use of grease provides smooth longevity of automotive parts and offers protection against corrosion, water, friction, and wear, driving segmental expansion.

On the basis of geography, the market has been analyzed across Europe, Latin America, North America, Asia Pacific, and the Middle East & Africa.

Report Coverage:

The report represents an account of the key trends in the market. It further gives an insight into the prominent factors anticipated to drive market expansion over the coming years. An analysis of the market based on various segments has also been provided in the report. The market has been analyzed based on base oil, application, and geography.

List of Key Players Mentioned in the Report:

Exxon Mobil Corporation (U.S.)

Total Energies (France)

Shell PLC (U.K.)

Chevron Corporation (U.S.)

P. PLC (U.K.)

FUCHS (Germany)

Sinopec (China)

PETRONAS (Malaysia)

CONDAT Group (France)

Klüber Lubrication (Germany)

Request For Sample Report: https://www.fortunebusinessinsights.com/enquiry/sample/grease-market-110042

Drivers and Restraints:

Market to Witness New Opportunities with Increasing Development of Eco-Friendly Products

The growing adoption of environment-friendly products and soaring environmental awareness are anticipated to boost grease market growth. The use of eco-friendly solutions provides cost savings in terms of cleanup and disposal. In addition, there has been an enforcement of strict environmental regulations in Europe, North America, and Asia Pacific, leading to the development of eco-friendly lubricating solutions.

Nevertheless, uncertainties associated with the cost of raw materials owing to geopolitical tensions and volatility of oil and gas prices may hinder industry growth.

Regional Insights:

Asia Pacific Accounted for Prominent Share Driven by Launch of High-Speed Rail Systems

Asia Pacific market size reached USD 2.81 billion in 2023. The regional grease market share stood at a major position in the global market owing to the launch of high-speed rail systems to improve transport infrastructure in the region.

North America is touted to expand owing to the increasing mining and construction sectors in the region.

Key Market Trends

Growing Demand for High-Performance Grease: The increasing need for equipment that operates under extreme conditions has driven the demand for synthetic and specialty greases. These products offer better performance in terms of temperature resistance, load-carrying capacity, and durability.

Shift Toward Eco-Friendly Grease: Environmental concerns and stringent regulations are driving the growth of bio-based greases, particularly in developed markets like Europe and North America. These greases reduce the environmental impact and provide sustainable solutions for various industries.

Technological Advancements: The development of new additives and thickeners that enhance grease performance is another key trend. Innovations in nano-lubricants and self-healing grease are expected to boost market growth over the forecast period.

Increasing Demand from Emerging Economies: Rapid industrialization and urbanization in countries like India, China, and Brazil are boosting the demand for grease in construction, automotive, and industrial sectors.

Focus on Maintenance Efficiency: As industries aim to reduce downtime and increase the lifespan of machinery, the use of high-quality lubricants like grease is becoming crucial. This trend is particularly strong in sectors like manufacturing, where equipment reliability is key to operational success.

Get More Information: https://www.fortunebusinessinsights.com/grease-market-110042

Competitive Landscape:

Leading Industry Players Strike Partnerships to Consolidate their Positions in the Market

Major market players are forging collaborations and undertaking capacity expansion initiatives to consolidate industry positions. These steps are also being deployed for gaining a competitive edge. B.P. PLC and Exxon Mobil Corporation are some of the leading companies in the market.

Key Industry Development:

February 2024 – Chevron announced the addition of Rykon to its product portfolio. The overbased calcium sulfonate complex grease has been launched for improving durability and enhancing uptime for next-gen equipment.

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industryforecastnews · 22 days ago

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Soup Market Size, Share, Trends And Industry Outlook Report, 2030

Soup Market Growth & Trends

The global soup market size is expected to reach USD 26.21 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for processed, ready to eat, and packed food and increasing women workforce are expected to increase the market demand in the upcoming years. In addition, increase in disposable income and changing consumer lifestyle in emerging economies including China and India are anticipated to increase the demand for soups.

Consumption of canned and dried soup products is increasing in North America and Europe, on account of continuous product innovation as per customer behavior and preferences. In addition, growing economic independence among women is increasing the consumption of packed and processed food products in the developed countries.

Soup being a healthy source of vitamins, minerals, nutrition, and protein serves as a prominent replacement for home cooked food. Therefore, this evolution in the working population is anticipated to significantly influence the demand for soup in future. Demand for soups in restaurants, food outlets, and food joints is expected to acquire a small market share due to growing consumer preference for ready to eat products and rising inclination towards healthy food habits.

Continuous use of cornstarch and salt in canned and dried soup products is expected to act as a restraining factor in the global market. High consumption of corn starch can lead to several health issues like increased level of blood sugar and blood pressure. However, continuous product development by companies such as Campbell Soup Company, which provides new flavors like roasted red pepper and tomato, butternut squash and sweet potato, and harvest carrot and ginger, is expected to influence the buying behavior of the younger population across the globe. The market leaders are focusing on developing new flavors and products in order to make their style statement in the market.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/soup-market

Soup Market Report Highlights

By product, The UHT (ultra-high temperature) segment is expected to register the fastest CAGR during the forecast period. The growth of UHT soups is driven by long-shelf-life ingredients that don’t require refrigeration, making them ideal for busy lifestyles and reducing meal waste.

The dried segment accounted for the largest market revenue share of 59.5% in 2023. The Growing demand for convenient and prepared-to-eat food alternatives, specifically in busy city populations, offers a significant opportunity for producers to innovate and expand their product services.

The supermarkets/hypermarkets segment dominated the market in 2023. Supermarkets/hypermarkets offer various soup varieties from different brands and nutritional needs, providing consumers with vast choices and convenient shopping in the same place.

The Europe region dominated the market with a revenue share of 38.9% in 2023. The climate in Europe also plays a role in the growth of the soup market.

Soup Market Segmentation

Grand View Research has segmented the global soup market on the basis of on product, distribution channel, and region:

Soup Product Outlook (Revenue, USD Million, 2018 - 2030)

Canned

Dried

UHT

Others

Soup Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

Supermarkets/Hypermarkets

Convenience Stores

Online

Others

Soup Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

List of Key Players in the Soup Market

Associated British Foods plc

Baxters Food Group Limited

Campbell Soup Company

Conagra Brands, Inc.

General Mills, Inc.

Hindustan Unilever Limited

Nestlé S.A

Ottogi Co., Ltd

Premier Foods Group Limited

The Kraft Heinz Company

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

#Soup Market #Soup Market Size #Soup Market Trends #Soup Market Share #Soup Market Growth

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market-insider · 1 month ago

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U.S. Diatomite Market: Detailed Insights on Size, Share, Growth Potential

The U.S. diatomite market size is expected to reach USD 449.3 million by 2030, registering at a CAGR of 5.3%, according to a new report by Grand View Research, Inc. The demand for the mineral is expected to witness substantial growth owing to the increasing use of diatomite as a filter aid in food & beverage processing and as a functional additive in the medical industry.

U.S. Diatomite Market Report Highlights

The filtration sector led the market with a share of 66.8% in 2023 owing to the superior filtering capabilities of diatomite minerals.

In terms of application, the absorbents segment is expected to register the fastest CAGR during the forecast period. The market was significantly propelled by the mineral’s wide surface area, high silica content, and abrasiveness, which made it an excellent material for absorbents.

Imerys is the biggest player in the market accounting over 50% of the overall share. The company has acquired some of the leading players in the market to expand its product portfolio including Celite Corp. and World Minerals Inc.

For More Details or Sample Copy please visit link @: U.S. Diatomite Market Report

The product is used in several end-use industries including construction and food & beverage processing owing to its diversified properties such as high porosity and content of silica. The growing awareness among consumers with respect to the enhanced filtration properties associated with the use of the mineral in beer processing application is expected to be a contributing factor for growth.

In 2015, four companies produced diatomite in eleven mines located mostly in the western U.S. Imerys, and EP Minerals, LLC are the two major players in the industry with Imerys accounting for the major share. Imerys is the largest player in the industry with over 50% of the overall share owing to its production in the U.S. In addition, the company is an end-user of diatomite as it manufactures paints and fertilizers where the product is used as a functional additive.

List of major companies in U.S. Diatomite Market

Absorbent Products Ltd.

Dicalite Minerals Corporation

EP Minerals

Imerys

Stellar Exports

PF Harris

Reade Advanced Materials

Barentz

Calgon Carbon Corporation

Diatomite CJSC

For Customized reports or Special Pricing please visit @: U.S. Diatomite Market Analysis Report

We have segmented the U.S. diatomite market on the basis of application and end-use.

#Diatomite #Filtration #Absorbents #ConstructionMaterials #AgriculturalProducts #IndustrialMinerals #SustainableMaterials #HealthcareProducts #FoodProcessing #EnvironmentalCare #MineralProducts #Biomedical #NaturalResources #IndustrialApplications #MarketTrends

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rakshasns · 1 month ago

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Nutritional Analysis Market Growth and Regional Forecast 2032

The Nutritional Analysis Market Trend was valued at USD 6.38 billion in 2023 and is expected to grow to USD 12.97 billion by 2032, at a CAGR of 8.2% over the forecast period of 2024-2032.

The Nutritional Analysis growth is estimated to be majorly driven by growing economies of Asia Pacific region. The growing demand of Nutritional Analysis from the wind energy, marine, and packaging end-use industries in China, India, Japan, and Australia is driving the growth of Nutritional Analysis in Asia Pacific region

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Nutritional Analysis Market Grows as Demand for Accurate Food Labeling and Quality Assurance Increases

The global Nutritional Analysis Market is experiencing robust growth, driven by rising consumer awareness of food safety, nutrition, and health. Nutritional analysis, essential for determining the nutrient content of food products, plays a pivotal role in ensuring compliance with labeling regulations and maintaining quality standards. The increasing demand for transparency in food production, along with the growing prevalence of chronic diseases linked to diet, is pushing manufacturers to invest in advanced nutritional testing methods. With the surge in demand for fortified and functional foods, nutritional analysis has become a key tool for developing innovative products tailored to specific dietary needs.

Regionally, North America and Europe dominate the market due to stringent food labeling regulations and strong consumer awareness. Meanwhile, the Asia-Pacific region is emerging as a significant growth area, driven by urbanization, rising disposable incomes, and increasing concerns about food quality and safety. Technological advancements in analytical instruments, such as chromatography and mass spectrometry, are enhancing the precision and efficiency of nutritional testing. As consumers continue to prioritize health and wellness, the nutritional analysis market is set to expand, supporting food manufacturers in delivering high-quality, safe, and transparent products to a global audience.

Market Overview

By Parameter

Fat Profile

Vitamin Profile

Mineral Profile

Proteins

Total Dietary Fiber

Sugar Profile

Cholesterol

Calories

By Product Type

Bakery & Confectionery

Snacks

Dairy & Desserts

Meat & Poultry

Baby Food

Others

By Objective

New Product Development

Product Labelling

Quality Control

Regulation Compliance

The major factors driving the growth of the studied are growing demand of lightweight material from automotive industry and increasing construction activities in Asia-Pacific.

Availability of substitutes for Nutritional Analysis are likely to hinder the s growth.

Potential growth in wind energy is likely to create opportunities for the in the coming years.

Asia-Pacific region is expected to dominate the and is also likely to witness highest CAGR during the forecast period.

The key players covered in this report:

ALS Limited

Lifeasible

Eurofins Scientific

TUV SUD AG

Opal Research and Analytical Services

Pat-Chem Laboratories LLC

SGS SA

Microbac Laboratories

Intertek Group plc

Compu-Food Analysis

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Asia-Pacific Region to Dominate the

Asia-Pacific region is expected to dominate the industry. In the region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country’s manufacturing sector is one of the major contributors to the country’s economy.

China is the largest manufacturer of automobiles in the world. The country’s automotive sector has been shaping up for product evolution, with the country focusing on manufacturing products, in order to ensure fuel economy, and to minimize emissions (owing to the growing environmental concerns due to mounting pollution in the country).

Akash Anand – Head of Business Development & Strategy

[email protected]

Phone: +1-415-230-0044 (US)

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marketanalysisdata · 1 month ago

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Specialty Food Ingredients Industry – Analysis, Industry Size And Forecast, 2030

The global specialty food ingredients market size was estimated at USD 144.9 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. The rapid growth of the food and beverages, personal care, and pharmaceuticals industries, coupled with the rising penetration of organized and e-retail across the world, is expected to fuel the growth of the market.

The food and beverages industry is diverse and competitive and is driven by consumers’ demand and preferences for the safety of ingredients and processed foods. Demand for products such as non-GMO, gluten-free, organic, and natural foods has led to the development of products by non-traditional food companies that offer alternatives. Moreover, consumers give high importance to a balanced diet of high-quality food that has a positive impact on their health. Sugar-reduced products are an important pillar in such a diet as the health risks associated with high sugar intake are very severe. This has also increased the demand for such healthy and natural specialty food ingredients.

Gather more insights about the market drivers, restrains and growth of the Global Specialty Food Ingredients Market

Functional food ingredients such as vitamins, minerals, antioxidants, hydrocolloids, prebiotics, amino acids, plant extracts, and carotenoids are the key ingredients of fortified food. The health-conscious population is rapidly expanding in emerging markets, which will drive the demand for the fortification of food. The nutritional consumption differences across regions contribute greatly to the apparent differences in the health of populations across the countries.

These ingredients customarily preserve the texture, enhance color, emulsify, add benefits in processing, and ultimately add a superfluous edge health dimension to the produced food. The health, nutritional, and technological related functions of these products make the diet pleasant for consumption, tasty, safe, healthy, and even affordable. Hence, these advantages associated with specialty food ingredients are expected to be the major driving factors of the industry.

Specialty Food Ingredients Market Report Highlights

The sensory product dominated the market with a revenue share of 58.9% in 2022, on account of the increasing demand for processed and convenience foodstuff and a shift in demand for higher nutritious and organic products

In the functional product segment, hydrocolloids accounted for the largest revenue share in 2022 as they are widely used in many food formulations to improve quality attributes and shelf-life. The two major uses are thickening and gelling agents. As thickening agents, they find uses in soups, gravies, salad dressings, sauces, and toppings while as gelling agents, they are extensively used in products like jam, jelly, marmalade, restructured foods, and low sugar/calorie gels. Thus, it is anticipated to witness robust growth over the forecast period

The food and beverage application segment led the market in 2022 and accounted for over 70.0% share of the global revenue. The large demand for sugar substitutes as consumers strive to eat products with less sugar or no-sugar products is anticipated to drive the food and beverage application segment

Asia Pacific is expected to register the highest CAGR from 2023 to 2030 on account of the robust growth of the food and beverage industry in Asian countries such as India, China, and Thailand

The global market is highly fragmented with the presence of large-sized international companies and small- and medium-sized domestic players. Key players are focusing on acquisitions and are increasingly expanding product capacities

Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.

Salicylic Acid Market: The global salicylic acid market size was valued at USD 547.5 million in 2024 and is projected to grow at a CAGR of 8.2% from 2025 to 2030.

Glutamic Acid Market: The global glutamic acid market size was valued at USD 12.55 billion in 2024 and is projected to grow at a CAGR of 8.6% from 2025 to 2030.

Specialty Food Ingredients Market Segmentation

Grand View Research has segmented the global specialty food ingredients market report based on product, application, and region

Specialty Food Ingredients Product Outlook (Revenue, USD Million, 2018 - 2030)

Sensory

Enzymes

Emulsifiers

Flavors

Colorants

Others

Functional

Vitamins

Minerals

Antioxidants

Preservatives

Others

Specialty Food Ingredients Application Outlook (Revenue, USD Million, 2018 - 2030)

Food & Beverage

Snacks

Bakery

Confectionery

Dairy Products

Breakfast Cereals

Frozen Foods

Meat, Poultry & Seafood

Baby Food

Sauces, Dressings & Condiments

Alcoholic

Non-alcoholic

Others

Pharmaceutical

Personal Care

Specialty Food Ingredients Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

Order a free sample PDF of the Specialty Food Ingredients Market Intelligence Study, published by Grand View Research.

#Specialty Food Ingredients Industry Forecast #Specialty Food Ingredients Market Size

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marketdevelopment · 11 months ago

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Food Minerals Market: Global Industry Analysis and Forecast 2023 – 2030

The Global Food Minerals Market was valued at USD 1.66 Billion in 2021 and is expected to reach USD 2.48 Billion by the year 2028, at a CAGR of 5.9%.

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Leading players involved in the Food Minerals Market include:

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Segmentation of Food Minerals Market:

By Type

Magnesium

Iron

Calcium

Others

By Source

Fruits

Vegetables

Seaweed

Nuts

Marine

Others

By Application

Food & Beverages

Pharmaceuticals & Nutraceuticals

Animal Feed

Others

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Food Minerals market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(5) Readers are provided with findings and conclusion of the research study provided in the Food Minerals Market report.

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marketstudyreport · 1 month ago

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Specialty Food Ingredients Industry Segmentation and Competitive Analysis Report, 2030

Gather more insights about the market drivers, restrains and growth of the Global Specialty Food Ingredients Market

Specialty Food Ingredients Market Report Highlights

Asia Pacific is expected to register the highest CAGR from 2023 to 2030 on account of the robust growth of the food and beverage industry in Asian countries such as India, China, and Thailand

Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.

Salicylic Acid Market: The global salicylic acid market size was valued at USD 547.5 million in 2024 and is projected to grow at a CAGR of 8.2% from 2025 to 2030.

Glutamic Acid Market: The global glutamic acid market size was valued at USD 12.55 billion in 2024 and is projected to grow at a CAGR of 8.6% from 2025 to 2030.

Specialty Food Ingredients Market Segmentation

Grand View Research has segmented the global specialty food ingredients market report based on product, application, and region

Specialty Food Ingredients Product Outlook (Revenue, USD Million, 2018 - 2030)

Sensory

Enzymes

Emulsifiers

Flavors

Colorants

Others

Functional

Vitamins

Minerals

Antioxidants

Preservatives

Others

Specialty Food Ingredients Application Outlook (Revenue, USD Million, 2018 - 2030)

Food & Beverage

Snacks

Bakery

Confectionery

Dairy Products

Breakfast Cereals

Frozen Foods

Meat, Poultry & Seafood

Baby Food

Sauces, Dressings & Condiments

Alcoholic

Non-alcoholic

Others

Pharmaceutical

Personal Care

Specialty Food Ingredients Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

Order a free sample PDF of the Specialty Food Ingredients Market Intelligence Study, published by Grand View Research.

#Specialty Food Ingredients Industry Forecast #Specialty Food Ingredients Market Size

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global-research-report · 1 month ago

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The Gummy Revolution: How Innovation is Shaping the Future of Treats

The global gummy market was valued at USD 23.93 billion in 2023 and is projected to experience significant growth, with an expected compound annual growth rate (CAGR) of 11.8% from 2024 to 2030. This robust growth is being driven by several key factors that reflect changing consumer preferences, increased health awareness, and the growing popularity of gummies as a delivery format for various nutrients and supplements.

Consumer preferences in the food and supplement sectors are undergoing a significant shift, driven by increasing health awareness and a growing desire for natural, functional products. In recent years, there has been a notable rise in the demand for nutraceutical products—foods and supplements that offer health benefits beyond basic nutrition. This trend is particularly evident in the gummy industry, where consumers are actively seeking products that not only satisfy their taste preferences but also provide additional functional benefits such as improved immunity, energy, or cognitive support.

Key Growth Drivers:

Demand for Functional and Fortified Gummies: There is a rising demand for functional gummies, which are enriched with beneficial ingredients such as vitamins, minerals, and other nutraceuticals. These gummies offer consumers an easy, enjoyable, and efficient way to incorporate health-boosting ingredients into their diets. As more consumers seek ways to improve their health, functional gummies—ranging from immune-boosting formulas to supplements for heart health, digestion, and skin health—have become increasingly popular.

Taste and Convenience: The taste appeal of gummies plays a significant role in driving market growth. Unlike pills or capsules, gummies are often available in a wide variety of flavors, making them more appealing to children and adults alike. The convenience factor also adds to their growing popularity—gummies are easy to consume on-the-go, making them an ideal option for busy lifestyles.

Rising Demand for Natural and Vegan Gummies: With an increasing focus on clean label products, consumers are more inclined toward gummies made with natural ingredients and free from artificial colors, flavors, and preservatives. The vegan gummy market, in particular, has seen significant growth due to the rising number of individuals adopting plant-based diets. These gummies are made with gelatin alternatives such as pectin and agar, catering to the needs of vegans, vegetarians, and those looking for cruelty-free products.

Gummies as a Convenient Delivery Format: Gummies provide a convenient format for delivering a wide range of active ingredients, including essential vitamins like Vitamin C, Vitamin D, and B-complex vitamins, as well as minerals such as magnesium and zinc, and other dietary supplements. This ease of use has made gummies a popular choice for people who might have difficulty swallowing pills or capsules, and as a result, their demand as a delivery method for various nutritional supplements is growing rapidly.

Regional Insights

The global gummy market has witnessed significant growth, with varying trends across different regions. As of 2023, North America is the leading region in terms of revenue share, while Asia Pacific is projected to experience the fastest growth rate. These regional dynamics are shaped by changing consumer preferences, increasing health awareness, and the continuous innovation in gummy products. Below is a detailed analysis of the market across key regions:

North America:

In 2023, North America held a substantial share of 37.42% of the global gummy market revenues, making it the largest market for gummies. The region has seen a marked increase in demand for functional and fortified gummies, with a noticeable surge in product innovation. Gummy supplements have become increasingly popular, particularly in the U.S., where they are the second-most popular form of supplement after traditional pills and tablets. This indicates a robust growth trajectory for the gummy industry in the country.

Several factors are contributing to this growth:

Convenience and Taste: Gummies offer an easy-to-consume, enjoyable alternative to traditional supplements, which has made them particularly appealing to a broad demographic, including children and adults.

Health and Wellness Focus: As health-conscious consumers demand supplements that offer more than basic nutrition, there has been a rise in functional gummies that target specific health benefits, such as immune support, beauty enhancement, stress relief, and sleep aid.

Dietary Preferences: The availability of gummies catering to various dietary preferences, including vegan, organic, and sugar-free options, has contributed significantly to market expansion.

Influence of Social Media and Celebrities: Social media influencers and celebrity endorsements have played a crucial role in making gummies trendy. Their ability to reach a large audience has not only popularized the products but has also fueled their demand as a convenient and fun way to consume vitamins and supplements.

Asia Pacific:

The Asia Pacific region is expected to grow at a CAGR of 12.9% from 2024 to 2030, the highest growth rate among all regions. This growth is being driven by several key factors:

Increasing Health and Wellness Awareness: As more people in countries like China, India, and Japan become health-conscious, there is a growing demand for convenient and easy-to-consume health supplements. The increasing focus on preventive healthcare has led to a rise in the consumption of gummy vitamins and nutritional supplements.

Changing Lifestyles and Rising Disposable Income: Economic growth in the region, particularly in emerging markets like India and China, has resulted in higher disposable incomes and greater consumer spending on health-enhancing products. As lifestyles become more fast-paced, people are seeking convenient and enjoyable ways to maintain their health, further boosting the demand for gummy products.

Variety of Flavors and Formulations: Gummies are appealing to a wide range of consumers due to the availability of a diverse array of flavors and formulations. Manufacturers are introducing fusion gummies that combine multiple benefits, such as immunity support and beauty benefits, which appeal to the younger population, including children and teenagers. The focus on innovative and fun flavor combinations is expected to continue driving demand in the region.

Influence of Social Media and Trends: The popularity of gummy supplements in Asia Pacific has also been aided by the influence of social media and celebrity endorsements, which help position them as trendy, desirable products in the health and wellness sector.

India stands out in the region as a growing market for gummy products, particularly due to the rising preference for convenient nutritional supplements. Gummies are increasingly being seen as an enjoyable and easy way to consume essential vitamins, minerals, and other nutrients, making them popular among both children and young adults.

Europe:

The European gummy market is projected to grow at a CAGR of 11.5% from 2024 to 2030, driven by changing consumer preferences and innovations in the product offerings. Similar to other regions, the demand for functional gummies that provide targeted health benefits is growing in Europe. Manufacturers are introducing a wide variety of flavors and fusion gummies, which are especially appealing to younger consumers, including children. This trend is expected to continue, further boosting the market's growth.

Germany holds the largest share of the European market, with approximately 15% of the market share in 2023. The growing interest in functional food products and supplements, especially those with proven health benefits, is driving this demand. Additionally, as in other regions, social media and influencer endorsements are playing an important role in popularizing gummies as an easy and fun way to incorporate vitamins and nutrients into daily life.

Asia Pacific:

The Asia Pacific gummy market is expected to witness significant growth due to factors such as increasing consumer demand for health and wellness products driven by shifting lifestyles and higher disposable income. Countries like China, India, and Japan are leading the way in adopting gummy supplements due to their health-conscious populations. The market in these countries is not only expanding due to increasing awareness of the benefits of dietary supplements but also because of the availability of a wide variety of flavors and nutritional formulations tailored to specific needs, such as immune health and beauty.

Additionally, the rising popularity of gummy vitamins as a fun and convenient way to maintain health is particularly noticeable in India, where consumer interest in gummy products is increasing due to their appeal as a tasty and easy method for both children and adults to supplement their diets.

Browse through Grand View Research's Category Nutraceuticals & Functional Foods Industry Research Reports.

The global polydextrose market size was valued at USD 355.1 million in 2024 and is projected to grow at a CAGR of 5.8% from 2025 to 2030.

The global bio vanillin market size was estimated at USD 227.7 million in 2024 and is projected to grow at a CAGR of 5.2% from 2025 to 2030.

Key Gummy Companies:

The following are the leading companies in the gummy market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these gummy companies are analyzed to map the supply network.

Procaps Group

Santa Cruz Nutritionals

Amapharm

Herbaland Canada

Allseps Pty. Ltd.

Vitux AS

Boscogen, Inc.

Bettera Brands, LLC

NutraStar Manufacturing Ltd.

Better Nutritionals

Prime Health Ltd.

AJES Pharmaceuticals LLC

Lactonova

SMPNutra.com

Lexicare Pharma Pvt. Ltd.

Superior Supplement Manufacturing

Well Aliments

Supplement Factory Ltd.

Vitakem Nutraceutical, Inc.

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

#gummy market

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ananya5400 · 1 month ago

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Global Algae Products Market Analysis: Size, Share, and Future Prospects

The global algae products market is projected to reach a valuation of USD 5.3 billion in 2023 and is expected to exceed USD 7.3 billion by 2028, growing at a CAGR of 6.4% during the forecast period. The rising demand for natural and sustainable alternatives across industries such as food, pharmaceuticals, cosmetics, and biofuels are driving this growth. Algae products are increasingly valued for their renewable and eco-friendly nature, offering a rich source of nutrients, bioactive compounds, and raw materials, which appeal to environmentally conscious consumers.

Nutritional and Health Benefits Driving Demand

Algae are rich in essential nutrients like proteins, vitamins, minerals, and omega-3 fatty acids. Awareness of their health benefits—such as boosting the immune system, improving cardiovascular health, and enhancing cognitive function—has spurred demand for algae-based dietary supplements, functional foods, and nutraceuticals.

Key Growth Driver: Consumer Awareness of Algae's Health Benefits

The growing consumer preference for health and wellness has shifted the focus toward natural, nutrient-rich, and functional foods. Algae-based products, including spirulina, chlorella, and various seaweeds, are recognized as "superfoods" due to their exceptional nutritional profiles. Spirulina is known for its high protein, vitamins, and antioxidant content; chlorella is celebrated for its detoxifying chlorophyll; and seaweed varieties like nori and kelp provide iodine, crucial for thyroid health, along with other minerals such as calcium and magnesium.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250538721

Market Segments with High Growth Potential

Blue-Green Algae: This segment is poised to experience the highest CAGR during the forecast period. Blue-green algae are a superior source of plant-based protein, containing all essential amino acids, making them ideal for protein supplements like powders, bars, and beverages.

Personal Care Applications: Algae-based extracts are increasingly used in skincare and haircare products due to their nourishing properties. They are rich in vitamins, minerals, antioxidants, and bioactive compounds that promote hydration, skin elasticity, cell regeneration, and anti-aging effects. Haircare products also benefit from algae’s ability to enhance strength, shine, and manageability.

Regional Insights

North America is expected to dominate the algae products market, driven by heightened consumer awareness of the health benefits and sustainability of algae-based solutions. The demand spans food and beverages, dietary supplements, personal care products, and biofuels.

Leading Algae Products Manufacturers

Major players operating in the algae products market includes DSM (Netherlands), BASF SE (Germany), Corbion (Netherlands), E.I.D Parry (India), International Flavors & Fragrances Inc (US), Cynotech Corporation (US), Earthrise Nutritionals LLC (US), CP Kelco U.S., Inc (US), Cargill, Incorporated (US), and Algea (Norway). The increasing focus on algae as a sustainable and nutrient-rich resource is expected to shape market trends significantly in the coming years.

#Algae Products Market #Algae Products #Algae Products Market Size #Algae Products Market Share #Algae Products Market Growth #Algae Products Market Trends #Algae Products Market Forecast #Algae Products Market Analysis #Algae Products Market Report #Algae Products Market Scope #Algae Products Market Overview #Algae Products Market Outlook #Algae Products Market Drivers #Algae Products Industry #Algae Products Companies

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research-fusion · 22 days ago

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Ammonium Sulfate Market Outlook: Size, Trends, and Forecast 2024-2032

The global ammonium sulfate market size was valued at USD 8.20 billion in 2023 and is projected to grow from USD 8.58 billion in 2024 to USD 13.00 billion by 2032 at a CAGR of 5.3% during the forecast period. This information is published by Fortune Business Insights in its upcoming report, titled, “Ammonium Sulfate Market Size, Share & Industry Analysis, By Form (Solid, Liquid), By Application (Fertilizer, cattle feed supplement, Others (pharmaceuticals, food processing, textile, etc.)) Others and Regional Forecast, 2024-2032.”

What does the Report Include?

The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

Market Share and Segments

The ammonium sulfate market is segmented based on product type, application, and geography.

By Product Type

Solid Ammonium Sulfate: This segment dominates the market, as it is the most common form used in fertilizers. Solid ammonium sulfate accounts for over 70% of the total market share due to its easy handling and storage.

Liquid Ammonium Sulfate: Although less prevalent, liquid ammonium sulfate is used in certain agricultural and industrial applications, accounting for about 30% of the market.

By Application

Agriculture: The agriculture sector holds the largest share in the ammonium sulfate market, contributing to over 60% of total demand. It is primarily used as a nitrogen-based fertilizer to improve crop yields.

Industrial Applications: Ammonium sulfate is used in various industrial processes, such as water treatment and in the production of flame retardants. This segment represents around 20-25% of the market.

Food Additives: Ammonium sulfate is also used as a food additive, particularly as a dough conditioner and acidity regulator in baked goods. The food additive application accounts for around 10-15% of market demand.

Pharmaceuticals: A smaller, yet growing segment, ammonium sulfate is used in the pharmaceutical industry for protein purification and crystallization processes, accounting for a minor share of the market.

DRIVING FACTORS

Increasing Mining Activities to Favor Growth

The growing mining activities to extract rare earth minerals is likely to drive the demand for advanced ammonium sulfate for the leaching process. According to the report by Minerals Make Life Organization, it is estimated that the U.S. mines produced raw materials worth USD 82.2 billion in 2018. In addition to this, the growing food and beverage sector propels the demand for the product as an emulsifier and thickening agent. These factors are expected to contribute to the global aluminum sulfate market growth in the forthcoming years.

REGIONAL INSIGHTS

Supportive Environmental Regulations in Asia-Pacific to Aid Growth

Among all the regions, Asia-Pacific is expected to remain dominant and hold the highest position in the global ammonium sulfate market during the forecast period. This is attributable to the supportive government initiatives regarding desulfurization plants that propel the production of advanced ammonium sulfate in the region.

The market in the Middle East and Africa is expected to showcase substantial growth backed by increasing focus on agricultural activities between 2019 and 2026.

COMPETITIVE LANDSCAPE

Product Launches by Major Companies to Consolidate Their Market Positions

The global market for ammonium sulfate comprises small, medium, and large companies striving to maintain their presence by focusing on introducing advanced ammonium sulfate products. Moreover, other key players are adopting organic and inorganic strategies to gain a major chunk of the market share and maintain their stronghold in the forthcoming years.

Get More Information: https://www.fortunebusinessinsights.com/ammonium-sulphate-market-102306

Industry Development:

August 2019– PhosAgro Group of Companies announced the expansion of its capacity at Cherepovets, Russia to manufacture 300 kilotons of ammonium sulfate annually. The expansion is expected to strengthen its position in the global marketplace.

List of the Companies Operating in the Global Market for Ammonium Sulfate:

BASF SE

Evonik Industries

LANXESS AG

Sumitomo Chemical Co., Ltd.

Domo Chemicals

Braskem S.A.

China Petrochemical Development Corporation

UBE INDUSTRIES, LTD.

Viachem

The Mosaic Company

Others

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marketingreportz · 2 months ago

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Compressor Oil Market - Forecast(2024 - 2030)

Overview

Sample Report Request :

With rising concerns about energy consumption and environmental impact, there is a heightened focus on developing compressor oils that contribute to energy efficiency and environmental sustainability. Manufacturers are innovating with low-viscosity oils and formulations with reduced frictional losses to optimize compressor performance and minimize energy consumption. Additionally, there is a shift towards eco-friendly compressor oil formulations that comply with environmental regulations and promote sustainable practices in industrial operations.

By Base Oil Type: Synthetic Oils (Polyalkylene Glycols (PAGs), Polyalphaolefins (PAOs), Diester and Polyolesters, Phosphate Esters, Silicone Based), Mineral Oil, and Others

By Compressor Type: Positive Displacement Compressor (Rotary Compressor and Reciprocating), Dynamic Compressor (Centrifugal Compressor and Axial Compressor).

By End-Use Industry: Chemical & Petrochemical, Transportation, Food & Beverages, Oil & Gas, Marine, Pharmaceutical, Metal Fabrication, Mining, Energy, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, ANZ, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Inquiry Before Buying :

Key Takeaways

Asia-Pacific region dominated the compressor oil market, due to the high consumption of compressor oil in emerging and developing Asian countries such as India, China, Japan, Malaysia, South Korea, and others.

Growing demand for compressor oil as they help to reduce production cost in various end-use industries such as chemical & petrochemical, oil & gas, and others. According to the American Chemistry Council (ACC), in the United States, chemical exports are expected to grow by US$ 134.5 billion in 2021.

Increasing demand for synthetic lubricants as they have various properties such as anti-oxidation, excellent thermal stability, excellent viscosity index, and others is estimated to growing the compressor oil market size.

Compressor Oil Market Segment Analysis — by Type

The synthetic oil segment is projected to witness the highest share of 55% in the compressor oil market in 2023 as it comes with excellent properties such as anti-oxidation and thermal stability. Polyalphaolefins synthetic oil can contribute to an extended service life of machine parts at a low cost. Synthetic oil provides outstanding viscosity index, high flash point, low pour point, and excellent hydrolytic stability, thus it is widely required in air compressors especially vane and screw compressors. Furthermore, synthetic lubricant improves the fuel efficiency of machine parts and reduced operating costs. Hence, the consumption of synthetic base oil is estimated to influence the market for compressor oil

Compressor Oil Market Segment Analysis — By Compressor Type

Positive displacement compressor type segment held the largest share of 56% in the compressor oil market in 2023 as they have excellent operational efficiency. Positive displacement compressors capture the volume of air in a chamber. They help to reduce the volume of the chamber to compress the air. This type of compressor uses vanes instead of helical blades on a rotor to compress air that enters the cavity. Positive displacement compressor uses a piston for air compression that moves backward and forward. A rotary compressor is a very required positive displacement air compressor type. It sucks air into the cylinder, then closes the valve, and compresses the air with two rotors. These rotors rotate regularly and run through the chamber. Compressor oils lower the temperature of the operation during the mixture of air and oil. The maximum output of a rotary compressor is mostly 600 horsepower and 1000 horsepower of the reciprocating compressor. Hence, the growing demand for positive displacement compressors is estimated to grow the consumption of compressor oil.

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Compressor Oil Market Segment Analysis — By End-Use Industry

Chemical & petrochemical sector held the largest share in the compressor oil market in 2023 and is growing at a CAGR of 4.6% during this forecast period of 2024–2030, as compressor oil increases the service of machine, reduces operational cost & power consumption during operation. Thus, the increasing chemical & petrochemical industry is estimated to grow the consumption of compressor oil. Apart from this, according to the U.S. Energy Information Administration, the total natural gas production is projected to contribute 30% and more than 75% in Canada & Mexico, respectively by 2040. Hence, all factors are estimated to grow the consumption of compressor oil. The use of compressor oils in the chemical and petrochemicals industry is to guarantee the untroubled functioning of the machine parts and also help in minimizing the expenses and increasing the lifetime of the machine.

By Geography — Segment Analysis

Asia Pacific dominated the compressor oil market in 2023 with a share of more than 45%. China and India are expected to witness high demand for compressor oil during the forecast period, with the growing need from the oil & gas industry, automotive industry, chemical & petrochemical industry, and others. Compressor oils provide different advantages such as reduces energy consumption, reduces operational cost, longer life, corrosion resistance, synthetic solvency, and others. Thus, these lubricants are widely consumed by end-use sectors. According to the U.S. Energy Information Administration, the total natural gas production is projected to contribute more than 40% in China by 2040. As compressor oils are used in power transmission to machines and engines, so the increasing automotive industry is also estimated to grow the consumption of compressor oil. Additionally, according to the Association of Automobile Manufacturers, China has become a world leader in the electric bus segment which grows in production of electric buses at 34% by 2025. Hence, such factors are estimated to grow the demand for compressor oil in the region.

For More Details on This Report — Request for Sample

Drivers — The Compressor Oil Market

Increasing Consumption of Compressor Oil from Automotive Industry

Compressor oil lubricants are used for inflating vehicles, cars, and motorcycle tires. These air compressor oil used to transfer power to the machine and engines. Compressor oil is used in the production cycle of the automotive industry due to its ease of maintenance and reduction in operative costs. Thus, increasing automotive production is estimated to grow the consumption of compressor oil. In 2023, the Australian car market experienced growth despite widely publicized supply issues. A total of 1,081,429 new cars, SUVs, and commercial vehicles were delivered, marking the best result since 2018 when 1,153,111 vehicles were sold. Toyota secured the top spot in annual sales, achieving its best result in 14 years. Mazda followed in second place, while Kia achieved its best-ever result for a third-place finish. Notably, battery electric vehicles accounted for 3.1% of sales, and this trend is expected to continue in 2023 with more affordable models from China entering the market1.

Fast forward to 2023, and the Australian new vehicle market has rebounded significantly in the first half of the year, showing 8.2% growth compared to the same period in 2023. Some interesting developments include, Hence, such factors are expected to grow the compressor oil market size

Growing Demand for Positive Displacement Air Compressor

Buy Now :

Positive air compressors such as rotary compressors and reciprocating compressors are widely used as they require a low cost of production. The positive air compressor has a high-pressure ratio, thus it is widely used in refrigerators, chemical plants, automotive cylinders, and hydraulic cylinders. Reciprocating positive displacement air compressors are designed for the double or single chamber, as they use the piston for the constant movement of air in the chamber. Apart from this, rotary compressor such as screw compressor has safety devices that are fully packaged and pre-installed. Hence, as it reduce the production cost, the demand for positive displacement air compressor is estimated to boost from the chemical industry which, in turn, is expected to grow the compressor oil market size.

Challenges — Compressor Oil Market

Volatility in Raw Material Prices

Synthetic oils are typically created from chemically modified materials such as petroleum components but the base material is always distilled crude oil. Although polyalphaolefin is produced through a synthetic chemical process that originated from ethylene. Ethylene is produced by cracking crude oil. Hence, fluctuation in crude oil prices may hamper market growth. The U.S. Energy Information Administration (EIA) projected that Brent crude oil prices would average $83 per barrel in 2023, down from $101/b in 2022. This decline was mainly due to expectations of global oil production outpacing consumption. Another forecast indicated that the Brent price would stay relatively flat through the second quarter of 2023, averaging $85/b, and then decline through the end of the year.

Compressor Oil Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Compressor Oil Market. Major players in the Compressor Oil Market are Chevron U.S.A. Inc, Croda International Plc, Eurol, Exxon Mobil Corporation, FUCHS, HP Lubricants, LUKOIL Marine Lubricants DMCC, OMSC, Royal Dutch Shell plc, Sasol and among others.

Developments:

In February 2023, Chevron Shipping Company LLC, a subsidiary of Chevron Corporation, announced an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd. to install new technologies to support the energy transition goals and lower carbon footprint of Chevron vessels

For More Information about Compressor Oil Market report click here

#CompressorMaintenance #LubricationMatters #CompressorOil #EfficientCooling #IndustrialSolutions

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jayanthitbrc · 2 months ago

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Global Goji Berries Market Analysis 2024: Size Forecast and Growth Prospects

The goji berries global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Goji Berries Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The goji berries market size has grown strongly in recent years. It will grow from $1.47 billion in 2023 to $1.54 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to the rise in vegan and vegetarian trends, celebrity endorsements and influencer marketing, expansion into niche markets, and regulatory changes favoring superfoods.

The goji berries market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to growing demand for natural and organic products, increasing demand in cosmetic industry demand, rising incidence of lifestyle diseases, rising packaged food consumption, and rising demand for functional foods. Major trends in the forecast period include product innovations, sustainable farming practices, research and development investments, organic and natural preferences, and sustainable sourcing.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/goji-berries-global-market-report

Scope Of Goji Berries Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Goji Berries Market Overview

Market Drivers - Growing demand for natural and organic products is expected to propel the growth of the goji berries market going forward. The demand for natural and organic products is growing due to increasing consumer awareness of health, sustainability, and environmental impact. Goji berries enhance organic products by providing a nutrient-rich, antioxidant-packed ingredient that supports health-conscious, sustainably farmed offerings. For instance, in May 2024, according to the Organic Trade Association, a US-based non-profit organization, organic product sales reached $69.7 billion in 2023, up from 67.6 billion in 2022. Therefore, the growing demand for natural and organic products is driving the goji berries market.

Market Trends - Major companies operating in the goji berries market are focusing on expanding their offerings through product innovations such as goji berry drinks to cater to the growing demand for healthy, natural beverages and capitalize on the rising trend of functional foods and wellness products. Goji berry drinks refer to beverages made from goji berries, either as juice or blended with other ingredients, designed to offer the nutritional benefits of the berries, such as antioxidants, vitamins, and minerals. For instance, in September 2022, Luxe Beauty and Wellness Group, a US-based health and beauty company, introduced the Tipsy Goji Berry drink, a groundbreaking beverage that combines the health benefits of goji berries with a refreshing taste. This innovative drink combines the health benefits of goji berries with a refreshing taste, aiming to provide consumers with a guilt-free indulgence that also offers a mild buzz. The Tipsy Goji Berry drink promises to deliver a refreshing experience while maintaining a balance between enjoyment and health, appealing to consumers looking for healthier alternatives in the beverage market.

The goji berries market covered in this report is segmented –

1) By Product Type: Fresh, Dried, Juice, Powdered, Frozen 2) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Retail, Other Distribution Channels 3) By End-Use: Food And Beverage, Pharmaceuticals, Nutraceuticals, Personal Care And Cosmetics, Other End-Uses

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Regional Insights - North America was the largest region in the goji berries market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the goji berries marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the goji berries marker are Sunfood Superfoods, Starwest Botanicals, The Berry Company, Tierra Farm, Organic Traditions, Navitas Naturals, Shiloh Farms, Ningxia Red Power Goji Co. Ltd., Dragon Herbs, Naturya, Alovitox, Earth Circle Organics, Feel Good Organics, Gojix Ltd., Indigo Herbs, Keva Kaipo Industries, King Nuts and Raaphorst B.V., Mattisson BV, Plantogram, Seven Hills Wholefood, Sunrise Botanics, The Tibetan Goji Berry Company, Viva Naturals, Wildly Organic

Table of Contents 1. Executive Summary 2. Goji Berries Market Report Structure 3. Goji Berries Market Trends And Strategies 4. Goji Berries Market – Macro Economic Scenario 5. Goji Berries Market Size And Growth ….. 27. Goji Berries Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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shrutijadhav2139 · 2 months ago

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Chocolate Market Analysis: Customer Needs, Preferences, and Growth Estimations for the Next Decade

The chocolate market is poised for substantial growth in the coming decade, fueled by evolving customer preferences, emerging regional markets, and innovative product developments. As one of the most beloved confectionery items globally, chocolate remains a staple in both developed and emerging economies. However, changing consumer tastes, the rise of health-conscious buyers, and sustainable sourcing concerns are reshaping the landscape of chocolate consumption. This analysis explores the key factors driving the chocolate market, from customer needs and preferences to growth estimations over the next ten years.

Market Overview and Demand Drivers

The global chocolate market was valued at approximately $130 billion in 2023, with projections indicating it could reach nearly $200 billion by 2033. Several factors drive this growth, including increasing disposable income, the rise of premiumization, and shifting consumer demographics. Traditionally strong markets such as North America and Europe continue to show consistent demand, while regions like Asia-Pacific, Latin America, and the Middle East present new growth opportunities.

Key drivers in this market include:

Rising demand for premium and organic chocolates: Consumers are increasingly looking for high-quality, ethically sourced chocolate products. Premiumization is a significant trend as customers are willing to pay more for single-origin, dark, or organic chocolate.

Health-conscious consumers: There's a growing market for dark chocolate with high cocoa content, which is rich in antioxidants and perceived as a healthier option. Sugar-free and vegan chocolates are also seeing a steady rise in demand, aligning with the global shift toward health and wellness.

Sustainable and ethical sourcing: Conscious consumers are driving demand for ethically sourced cocoa, which encourages fair trade practices and supports environmental sustainability. Brands that emphasize transparency in sourcing and labor practices are gaining favor among consumers.

Consumer Preferences and Trends

In addition to seeking out premium and sustainable options, today’s chocolate consumers have diverse and evolving preferences. They range from indulgence-driven buyers seeking unique flavor profiles to health-focused individuals who prioritize functionality and nutrition in their chocolate products.

Key Consumer Preferences

Flavor Exploration: Modern consumers are more adventurous and willing to try chocolates infused with exotic flavors or unconventional ingredients, such as spices, herbs, or fruit infusions.

Health and Wellness: The demand for functional chocolates, such as those with added vitamins, minerals, or adaptogens, is on the rise. Consumers are seeking products that offer not only indulgence but also potential health benefits.

Sustainability: Environmentally-conscious consumers are choosing brands that minimize packaging waste and prioritize sustainable cocoa farming practices. Brands that align with these values tend to experience stronger customer loyalty.

Product Innovation Trends

Innovation is central to meeting diverse consumer needs and driving growth in the chocolate market. Some of the most prominent product innovation trends include:

Bean-to-Bar Artisanal Chocolates: Craft and artisanal chocolates are becoming increasingly popular, appealing to consumers who value authenticity and quality in their food choices.

Plant-Based and Vegan Chocolates: As plant-based diets gain traction globally, chocolate manufacturers are creating vegan products that cater to this growing market segment.

Low-Sugar and Sugar-Free Alternatives: With rising concerns about sugar intake, brands are launching low-sugar, no-sugar-added, or alternative-sweetened options to attract health-conscious consumers.

Market Segmentation and Regional Insights

The chocolate market can be segmented into several categories based on type (dark, milk, white), form (bars, liquids, powder), and distribution channel (retail, online, specialty stores). Dark chocolate continues to see strong growth due to health-related perceptions, while milk chocolate remains a dominant choice due to its universal appeal.

Regionally, North America and Europe hold the largest shares of the chocolate market, thanks to their high consumption rates and established brands. However, the Asia-Pacific region is anticipated to experience the fastest growth, driven by a rising middle class, increased urbanization, and greater awareness of international brands.

Growth Estimations and Forecasts

The chocolate market is projected to grow at a compound annual growth rate (CAGR) of around 5% from 2024 to 2033, with substantial contributions from emerging markets and new product categories. Factors that will influence growth in the coming decade include:

Expansion into emerging markets: Growing disposable incomes in regions like Asia-Pacific, Africa, and Latin America present significant opportunities for expansion. Companies entering these markets may focus on localized flavors and affordable pricing.

Increasing investment in sustainable and ethical sourcing: As consumers become more concerned with ethical consumption, companies investing in sustainable practices are likely to experience a competitive advantage.

Digitalization and E-commerce: Online sales of chocolates are expected to continue growing, especially among younger consumers who prefer the convenience of e-commerce platforms.

Challenges and Future Outlook

Despite the optimistic growth projections, the chocolate market faces several challenges:

Sustainability pressures: The cocoa supply chain is notoriously complex, with ongoing issues related to deforestation and labor practices. Meeting these challenges will require concerted efforts from manufacturers, governments, and non-profits to create more sustainable practices.

Health-related scrutiny: Concerns around sugar content and potential links between chocolate consumption and certain health risks could deter some consumers. Brands may need to innovate around healthier options without compromising taste.

Economic Uncertainties: Economic factors such as inflation, supply chain disruptions, and fluctuating cocoa prices could impact production costs, potentially affecting market prices and consumer accessibility.

Conclusion

The chocolate market is set for a promising decade of growth and transformation. As consumer needs and preferences evolve, the market will likely see more emphasis on premiumization, health-oriented products, and sustainable practices. Emerging markets in Asia-Pacific and Latin America are expected to drive substantial growth, while North America and Europe will continue to serve as strongholds for established brands. By aligning with consumer preferences for flavor variety, health benefits, and sustainability, companies can tap into new opportunities, ultimately helping to shape the future of the chocolate industry.

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