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#Functional Food Market#Functional Food Market Size#Functional Food Market Trends#Functional Food Market Growth#Functional Food Market Analysis
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https://www.maximizemarketresearch.com/market-report/global-functional-food-market/101443/
Functional food can be stated as foods that have a potentially positive effect on health due to its additional functionality which adds new ingredients or more of existing ingredients to the diet. Researchers of functional food suggest that it does not cure disease wholly but aids to reduce the risk of deadly diseases by providing necessary nutrients and proteins.
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Global Functional Food Market Report | Global Forecast From 2022 To 2028
The Global Functional Food Market was estimated at USD 196.98 Billion in 2021, and is projected to reach USD 282.01 Billion by 2028, growing at a CAGR of 5.26% over the analysis period.
Functional foods are a type of food that offer health benefits and additional nutritional value to the human body. Foods fortified with fiber, probiotics, prebiotics, vitamins and minerals, as well as fruits, whole grains, fermented foods, seeds, nuts and vegetables are some of the nutrient-dense functional foods. Modified functional foods such as yogurt, milk, rice, coconut, almond and cashew milk, eggs, granola, pasta and others are some of the healthy alternatives that provide nutritional benefits. Functional foods are in great demand as they prevent nutritional deficiencies, cell damage and chronic diseases, and stimulate the growth and development of babies and children.
The increasing demand for fortifying and nutritional food additives is anticipated to drive the growth of the market in the coming years. Food and beverage manufacturers are focused on implementing fortification of nutritional additives including fiber, omega-3 fatty acids, minerals, vitamins, and others into their product offerings. The main reason for incorporating the above-mentioned additives in food and beverages is to increase the nutritional content of the food. Functional ingredients, for example, probiotics and omega-3s, are widely used in yogurt and fish oils to reduce the risk of cardiovascular disease and improve the quality of the intestinal microflora. Such a trend of adding functional ingredients to food products is projected to trigger the growth of the market during the analysis period.
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#Functional Food Market Share#Functional Food Market Growth#Functional Food Market Trend#Functional Food Market segment#Functional Food Market Opportunity#Functional Food Market Analysis 2022#US Global Functional Food Market
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The functional food ingredients market is projected to reach USD 165.8 billion by 2029 from USD 119.2 billion by 2024, at a CAGR of 6.8% during the forecast period in terms of value. The demand for functional food enriched with nutritious ingredients originates from evolving consumer desires for healthier eating habits and lifestyles. Increasing awareness of nutrition and overall well-being motivates individuals to seek out products offering specific health benefits, such as improved digestion or enhanced immune function.
#Functional Food Ingredients Market#Functional Food Ingredients#Functional Food Ingredients Market Size#Functional Food Ingredients Market Share#Functional Food Ingredients Market Growth#Functional Food Ingredients Market Trends#Functional Food Ingredients Market Forecast#Functional Food Ingredients Market Analysis#Functional Food Ingredients Market Report#Functional Food Ingredients Market Scope#Functional Food Ingredients Market Overview#Functional Food Ingredients Market Outlook#Functional Food Ingredients Market Drivers#Functional Food Ingredients Industry#Functional Food Ingredients Companies
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Specialty Food Ingredients Market Growth Is Propelled By Rising Demand For Convenience Foods And Beverages
Specialty food ingredients refer to ingredients that are used to enhance tastes, textures, aromas or provide functional benefits like preservatives or emulsifiers. These ingredients aid in improving the quality, shelf life and appeal of the final food product. From natural colors and flavors to specialty starches and fibers, these value-added ingredients help address nutritional demands while enhancing flavors.
The Specialty Food Ingredients Market is estimated to be valued at US$ 155.2 Bn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period from 2024 to 2031. Key Takeaways
Key players operating in the Specialty Food Ingredients Market Growth are Naturex, Givaudan, Eli Fried Inc., KF Specialty Ingredients, Ingredion, Associated British Foods Plc, Kerry Group, Agropur Cooperative, Ashland Inc, Archer Daniels Midland Company, Cargill Inc., Wild Flavors GmbH, DSM, Diana Group SA, Tate & Lyle, CHR. Hansen, ICL, and SubNutra. Specialty ingredients help manufacturers streamline production and gain a competitive edge by addressing the needs and interests of today's conscious consumers. Key players operating in the specialty food ingredients are leveraging their expertise and expanding their product offerings to capitalize on the significant growth opportunities in the market. For instance, Naturex recently launched Citrorine, a plant-based solution that delivers an authentic lemon flavor note while reducing bitterness. The growing demand for convenience foods and beverages is fueling the demand for specialty ingredients. Specialty food ingredients allow manufacturers to develop new products and shorten production time. The increased consumption of packaged foods and ready-to-eat meals is driving huge demand. The specialty foods ingredients market is expanding globally with key players increasingly focusing on emerging economies. Factors such as changing lifestyles, rising disposable incomes, and growth of the food processing industry in Asia Pacific and South America are compelling companies to extend their global footprint to tap into new opportunities. Market Drivers The rising demand for processed and packaged foods is a major driver for the specialty food ingredients market. Specialty ingredients add unique textures, flavors and prolong shelf-life thereby increasing the applications in diversified food products. Moreover, the increased health-consciousness among consumers has escalated the demand for specialty ingredients that provide specific health benefits like proteins, fibers, vitamins and minerals. The growing vegan and clean label trends are also augmenting market growth as manufacturers seek natural and organic specialty ingredients.
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#Specialty Food Ingredients Market#Culinary Innovations#Functional Foods#Nutritional Enhancements#Food Industry Trends#Health-Conscious Consumers#Gourmet Ingredients#Market Growth
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Functional Food Market: Global Industry Analysis and Forecast 2023 – 2030
The Global Functional Food Market was estimated at USD 207.42 Billion in 2022 and is projected to reach USD 313.53 Billion by 2030, growing at a CAGR of 5.30% over the analysis period.
The functional food market has been experiencing significant growth in recent years as consumers become increasingly health-conscious and seek out products that offer added nutritional benefits beyond basic sustenance. Functional foods are those that contain ingredients or components that purportedly provide specific health benefits beyond their basic nutritional value.
Market Growth: The global functional food market has been expanding rapidly, driven by factors such as increasing awareness about health and wellness, rising disposable incomes, and growing concerns about chronic diseases.
Product Diversity: Functional foods encompass a wide range of products, including fortified foods and beverages, probiotics and prebiotics, omega
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarketresearch.com/request/16318
Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Leading players involved in the Functional Food Market include:
Merit Functional Foods(Winnipeg), Danone SA (France), Del Monte Pacific Limited (DMPL) (Singapore), Dr Pepper Snapple Group, Inc. (USA), General Mills, Inc. (USA), Glanbia Nutritionals Limited (UK), MaxiNutrition (UK), GNC Holdings, Inc. (USA), Hangzhou Wahaha Group Co., Ltd. (China), Herbalife International, Inc. (USA), Kellogg Company (USA), Meiji Holdings Co., Ltd. (Japan), Natural Products, Inc. (USA), Nestle Nutrition (Switzerland), and other major players.
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.
Market Driver:
One significant driver propelling the functional food market forward is the escalating prevalence of lifestyle-related health issues. Sedentary lifestyles, poor dietary habits, and increasing stress levels have contributed to a rise in conditions such as obesity, diabetes, and cardiovascular diseases. Consequently, consumers are actively seeking dietary solutions to manage or prevent these ailments. Functional foods, with their targeted health benefits and convenience, have emerged as a preferred choice for individuals looking to improve their overall well-being. As a result, the market is witnessing an upsurge in demand for functional food products tailored to address specific health concerns.
Market Opportunity:
An enticing opportunity within the functional food market lies in catering to the aging population. With demographic shifts leading to a larger elderly population globally, there is a growing focus on health and wellness among older adults. Functional foods designed to support healthy aging, enhance cognitive function, and promote bone and joint health present a significant market opportunity. Additionally, the rise of personalized nutrition opens doors for tailored functional food solutions that address individual health needs and preferences. Companies that can innovate and offer personalized functional food products tailored to different demographic segments stand to capitalize on this burgeoning market opportunity.
If You Have Any Query Functional Food Market Report, Visit:
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Segmentation of Functional Food Market:
By Ingredient
Probiotics
Carotenoids
Minerals
Proteins & Amino Acids
Vitamins
Others
By Product
Bakery
Cereals
Dairy Products
Meat
Fish
Others
By Application
Sports Nutrition
Weight Management
Clinical Nutrition
Cardio Health
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 Functional Food 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 Functional Food 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 Functional Food market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Functional Food 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 Functional Food 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.
Acquire This Reports: -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16318
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.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1047
Email: [email protected]
#Functional Food#Functional Food Market#Functional Food Market Size#Functional Food Market Share#Functional Food Market Growth#Functional Food Market Trend#Functional Food Market segment#Functional Food Market Opportunity#Functional Food Market Analysis 2023
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Functional Food Market: Global Industry Analysis and Forecast 2023 – 2030
The Global Functional Food Market was estimated at USD 207.42 Billion in 2022 and is projected to reach USD 313.53 Billion by 2030, growing at a CAGR of 5.30% over the analysis period.
The functional food market has witnessed remarkable growth in recent years, driven by the increasing consumer awareness regarding the correlation between diet and health. Functional foods are those that offer additional health benefits beyond basic nutrition, often enriched with specific nutrients or bioactive compounds. This market encompasses a wide range of products including probiotics, prebiotics, fortified foods, and dietary supplements tailored to address various health concerns. With growing concerns about chronic diseases and rising health-consciousness among consumers, the demand for functional foods continues to surge globally.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarketresearch.com/request/16318
Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Leading players involved in the Functional Food Market include:
Merit Functional Foods(Winnipeg), Danone SA (France), Del Monte Pacific Limited (DMPL) (Singapore), Dr Pepper Snapple Group, Inc. (USA), General Mills, Inc. (USA), Glanbia Nutritionals Limited (UK), MaxiNutrition (UK), GNC Holdings, Inc. (USA), Hangzhou Wahaha Group Co., Ltd. (China), Herbalife International, Inc. (USA), Kellogg Company (USA), Meiji Holdings Co., Ltd. (Japan), Natural Products, Inc. (USA), Nestle Nutrition (Switzerland), and other major players.
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.
Market Driver:
One significant driver propelling the functional food market forward is the escalating prevalence of lifestyle-related health issues. Sedentary lifestyles, poor dietary habits, and increasing stress levels have contributed to a rise in conditions such as obesity, diabetes, and cardiovascular diseases. Consequently, consumers are actively seeking dietary solutions to manage or prevent these ailments. Functional foods, with their targeted health benefits and convenience, have emerged as a preferred choice for individuals looking to improve their overall well-being. As a result, the market is witnessing an upsurge in demand for functional food products tailored to address specific health concerns.
Market Opportunity:
An enticing opportunity within the functional food market lies in catering to the aging population. With demographic shifts leading to a larger elderly population globally, there is a growing focus on health and wellness among older adults. Functional foods designed to support healthy aging, enhance cognitive function, and promote bone and joint health present a significant market opportunity. Additionally, the rise of personalized nutrition opens doors for tailored functional food solutions that address individual health needs and preferences. Companies that can innovate and offer personalized functional food products tailored to different demographic segments stand to capitalize on this burgeoning market opportunity.
If You Have Any Query Functional Food Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/16318
Segmentation of Functional Food Market:
By Ingredient
Probiotics
Carotenoids
Minerals
Proteins & Amino Acids
Vitamins
Others
By Product
Bakery
Cereals
Dairy Products
Meat
Fish
Others
By Application
Sports Nutrition
Weight Management
Clinical Nutrition
Cardio Health
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 Functional Food 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 Functional Food 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 Functional Food market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Functional Food 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 Functional Food 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.
Acquire This Reports: -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16318
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.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1047
Email: [email protected]
#Functional Food#Functional Food Market#Functional Food Market Size#Functional Food Market Share#Functional Food Market Growth#Functional Food Market Trend#Functional Food Market segment#Functional Food Market Opportunity#Functional Food Market Analysis 2023
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Functional pet food is an alternative to traditional pet food, which is increasingly given for pet’s healthy life. Functional pet food is rich in nutrients, protein, vitamins, and minerals. Functional food is gaining significant traction among pet owners due to benefits associated with functional pet food to improve immune system strength, bone, brain, & muscle health, reduce postprandial glucose and insulin concentrations, and prevent diabetes‐related disorders. Furthermore, growing pet humanization and increasing spending on pet grooming & food are expected to boost the growth of the functional pet food market during the forecast period. Functional pet food provides essential nutrients, which help to improve the health of various pets, including dogs, cats, freshwater fish, reptiles, horses, and birds.
#Functional Pet Food Market Size#Functional Pet Food Market Share#Functional Pet Food Market Demand#Functional Pet Food Market Growth#Functional Pet Food Market Analysis#Functional Pet Food Market Trends
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The growing health consciousness among consumers, the rising demand for functional/healthy foods, and the increasing popularity of convenience foods & on-the-go snacking are the key factors driving the growth of the healthy snacks market.
#Healthy Snacks Market#Healthy Snacks#Healthy Snacks Market trends#Healthy Snacks Market growth#functional food#occasional snacks#snacks#meat snacks#food and beverage#food industry#food and drink#Healthy Snacks Market opportunities
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Functional Food Market: Global Industry Analysis and Forecast 2022 - 2028
The Global Functional Food Market was estimated at USD 196.98 Billion in 2021, and is projected to reach USD 282.01 Billion by 2028, growing at a CAGR of 5.26% over the analysis period.
Functional foods are type of foods that offer health benefits and additional nutritional value to the human body. The foods fortified with fiber, probiotics, prebiotics, vitamins and minerals, as well as fruits, whole grains, fermented foods, seeds, nuts, and vegetables are some of the nutrient-rich functional foods. The modified functional foods such as yogurt, milk, rice, coconut, almond and cashew milk, eggs, granola, pasta and others are some of the healthy alternatives providing nutritional benefits. Functional foods are high in demand as they prevent nutrition deficiencies, cell damages, and chronic diseases, and they boost the growth and development in infants and children. Several factors such as growing instances of chronic diseases, growth of the middle class in developing economies, conduction of government fortification programs, growth of older population and rising consumer interest in health and wellness is anticipated to drive the sales of nutrition-rich and fortified foods, thereby driving the market demand for functional food ingredients. Additionally, the consumer’s inclination towards convenience and nutrition-rich food, and increasing consumption of foods and beverages have led to a huge rise in the growth of functional food industry.
Read more:
https://introspectivemarketresearch.com/reports/functional-food-market/
The research covers factors impacting the top market participants as well as current technical breakthroughs. The study includes thorough statistical data to assist top organizations in better understanding the industry's operations. The report examines every major organization and actor involved in industrial growth, as well as providing a complete assessment of the competitive environment. In addition, the inquiry looks into market challenges, opportunities, constraints, development drivers, trends, and the company production network, among other things. It also provides information about each section's attractiveness, as well as its growth rate and market size, which aids in determining which segment to invest in or promote.
To learn more about this report, request a free sample copy:
https://introspectivemarketresearch.com/request/16318
Key Industry Players in Functional Food Market:
· Merit Functional Foods(Winnipeg)
· Danone SA (France)
· Del Monte Pacific Limited (DMPL) (Singapore)
· Dr Pepper Snapple Group, Inc. (USA)
· General Mills, Inc. (USA)
· Glanbia Nutritionals Limited (UK)
· MaxiNutrition (UK)
· GNC Holdings, Inc. (USA)
· Hangzhou Wahaha Group Co., Ltd. (China)
· Herbalife International, Inc. (USA)
· Kellogg Company (USA)
· Meiji Holdings Co., Ltd. (Japan)
· Natural Products, Inc. (USA)
· Nestle Nutrition (Switzerland), and other major players.
The study provides profiles of the competitive environment, the key rivals, and their relative market shares for a deeper knowledge of the market. The research also looks at new product innovations and technology advancements. In order to help readers, develop business/growth strategies, evaluate the competitive market environment, assess their current market position, and make knowledgeable business decisions regarding this market, this report aims to provide a comprehensive view of the Global Market with quantitative and qualitative analysis.
Segmentation Analysis Includes,
By Ingredient:
· Probiotics
· Carotenoids
· Minerals
· Proteins & Amino Acids
· Vitamins
· Others
By Product:
· Bakery
· Cereals
· Dairy Products
· Meat
· Fish
· Others
By Application:
· Sports Nutrition
· Weight Management
· Clinical Nutrition
· Cardio Health
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
Will you have any doubt about this report? Please contact us on:
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Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities By Segment
3.1 By Ingredient
3.2 By Product
3.3 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
Continue…
As well as providing an overview of successful marketing strategies, market contributions, and recent developments of leading companies, the report also offers a dashboard overview of leading companies' past and present performance. Several methodologies and analyses are used in the research report to provide in-depth and accurate information about the Functional Food Market. The current market dossier provides market growth potential, opportunities, drivers, industry-specific challenges and risks market share along with the growth rate of the global Functional Food market.
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An exciting investigation approach was utilized to conduct a thorough evaluation of the global Functional Food Systems market's evolution and draw conclusions about the industry's future development potential. This method combines essential and auxiliary research, allowing investigators to ensure that their decisions are accurate and reliable. A market analysis for each district, a development rate for each location, design discovery based on documented information for the site, and an overall PESTEL assessment of the business are all part of the local exploration.
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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 analyze 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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Chicago, Illinois
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book review: Stolen focus by Johann Hari
Major learnings from this book. It basically talks about focus, why and how we’re losing it. Why can’t we pay attention anymore? Are we individuals to blame or our systems?
There will be a time when the upper class will be extremely aware of the risks to their attention (caused by tech, social media, our current generation) and the masses, with fewer resources to resist the temptation of technology, will be manipulated more and more by their computers.
Multitasking is a myth. What actually happens when we multitask is that we “juggle” between tasks. This results in incomplete tasks, higher error rates, less focus, less creativity and memory decreases.
Sleep is extremely important, especially sleeping according to nature - when the sun sets and sun rises. If the whole world slept the way we are naturally programmed, we would have an economic earthquake. Our economic systems run on sleep deprived people.
Reading online and reading print has a huge difference. Reading online creates tendencies of skimming and scanning text. This prevents our brain from focusing intently on one story at a time, which print allows you to do. You also remember and understand things from printed texts better.
Empathy. Certain research suggests that reading fiction and novels improves empathy, because you are immersing yourself in another character’s life for a while. Empathy has played a huge role in human advancements. If a group of white people did not realise that colonisation was wrong, if men did not realise that women deserve equal rights, we would not have independent nations nor be close to gender equality today.
There are multiple types of paying attention. Focused attention is one thing. But day dreaming and letting your mind wander with no distraction (that is, being alone with your thoughts) is equally important. Some of the most important breakthroughs in human history were because the inventors were not actively focusing on solving the problem.
Being on social media = giving a free pass to be manipulated. No thoughts, opinions, desires that you have are original. They have all been fed into you by social media and the online world. It is by their design that we cannot focus.
Leaked internal records of Facebook show that they are aware that their algorithms exploit the human brain’s attraction to divisiveness. 64% of people, for instance, who join extremist groups join because FB’s algorithm directly recommends too. “Our recommendation systems grow the problem.” Zuckerberg eventually terminated the unit that was studying this.
Diet and attention. The diet we consumed today is a diet that causes regular energy spikes and energy crashes. Our food does not have the nutrients we need for our brains to function well. Our current diets actively contain chemicals that seem to act on our brains almost like drugs.
Be careful about reading research, especially when it’s funded by the industry itself. For 40 years, the lead industry funded all the scientific research into whether it was safe, and assured the world that it was. Lead later turned out to severely stunt your ability to focus and pay attention and that you are more likely to get ADHD.
We define success broadly as economic growth. Economies should get bigger, companies should get bigger. Growth can happen in two ways - either the companies find new markets or they persuade the existing consumers to consume more. If you can get people to eat more or to sleep less, you’ve found the source of economic growth. It results in people working overtime, not having enough time with family, friends and themselves, stress and anxiety prone, lack of sleep and bad health, etc.
Conclusion: use precommitment to stop switching tasks, try to focus more on intrinsic motivation than extrinsic, go off social media periodically (say 1 month at a time) and then extend those breaks; everyday spend 1 hour in walking in silence (no music, conversations or people- and if this is in nature, even better) to connect with yourself, 8 hours of sleep every night, build on slow practices like yoga, cut out processed food, take your PTO!!
#c suite#powerful woman#strong women#personal growth#that girl#getting your life together#balance#productivity#ceo aesthetic#Book review
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It really highlights how deeply unserious, superficial, and functionally random the populist conservative bit is for Trump (the alternative explanation is being surrounded by enough real conservatives to tame his populist impulses, but I think Trump actually learned his lesson on that even by the end of his first term) that his idea of boosting American manufacturing involves just placing tariffs on basically everything Americans purchase day to day when the vast majority of Americans cannot afford the American made alternatives where they even exist. Perhaps a shift at McDonald's didn't teach him this, but it is obvious to me that the manufacturing capacity of the country itself is a fraction of what it once was- it's not that American goods are just being outcompeted in the global market AND in the domestic market, they often just don't exist at all, or are too expensive for most American consumers to consider purchasing (which they largely have to be, in order to support anything like a living wage for the workers who produce those goods because the person making your T shirt has to eat food).
If the end goal was actually just to make more stuff here, we could just pay people to manufacture here via financial incentives- carrots such as nearly free money. This would still not solve the math problem of the cost of making goods here, but it would mean more factories and workshops making shirts and boots and plates and such, and it would mean employment in those jobs. He could tax an incredibly small population of unimaginably wealthy people to fund it and even call it an "elites tax" if he wanted. He could run it through Congress and brag that it was bipartisan whether it needs to be (due to the makeup of the House) or not. And he could actually inject money, meaningfully and directly, into American manufacturing and its growth. And I genuinely think that would be great- even if it wouldn't solve high prices, it would mean new jobs and it's possible that prices could come down a bit on products if they became more widely purchased generally, and there are enough people interested and able to purchase American made to, I would guess, sustain real growth for those manufacturers.
But that would mean that Elon Musk and literally just 800 other people would be given a new tax burden, and we can't have that because it would squash innovation. Offshoring was an innovation, once. We just ended one of the longest periods of basically free money for them in my lifetime and have seen how much good that does for working people- none.
So no, instead let's give even more tax cuts to the corporations that intentionally decimated America's manufacturing capabilities so that they could pay almost nothing for labor and have almost no accountability for workplace conditions offshore. Thanks for offshoring the work that sustained whole communities and never got replaced in many places- here are some juicy tax cuts for you in return. It's actually a joke.
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why you should learn another language
ever thought about learning another language? it's a pretty awesome idea, and here's why:
expand your horizons: learning a new language opens up a whole new world of possibilities. it allows you to connect with people from different cultures, explore new places, and gain a deeper understanding of the world around you.
boost your brainpower: studies have shown that learning a second language can improve cognitive function, sharpen your memory, and enhance your problem-solving skills. it's like a workout for your brain!
increase your job prospects: in today's globalized world, multilingualism is a valuable skill that can give you a competitive edge in the job market. employers often seek candidates who can communicate effectively with international clients and colleagues.
immerse yourself in culture: learning a new language isn't just about memorizing vocabulary and grammar rules—it's about immersing yourself in a new culture and gaining a deeper appreciation for its customs, traditions, and way of life.
travel with confidence: knowing the local language can enhance your travel experience and allow you to navigate unfamiliar situations with ease. whether you're ordering food at a restaurant, asking for directions, or striking up a conversation with locals, speaking their language can open doors and create meaningful connections.
challenge yourself: learning a new language can be challenging at times, but it's also incredibly rewarding. it pushes you out of your comfort zone, encourages personal growth, and fosters a sense of accomplishment as you progress and master new skills.
have fun!: last but not least, learning a new language is a fun and enjoyable experience. it's like solving a puzzle or unlocking a secret code, and the sense of satisfaction that comes with making progress is truly unbeatable.
#language#linguistics#language stuff#bilingual#foreign languages#languages#duolingo#language learning#pastel dreamer✨
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Functional Food Ingredients Market Size, Share, Trends, Growth - Cargill, Incorporated, BASF SE, ADM, International Flavors & Fragrances Inc., Arla Foods amba
The global functional food ingredients market is valued at USD 119.2 billion in 2024 and is projected to grow at a CAGR of 6.8%, reaching USD 165.8 billion by 2029. This market is undergoing significant changes and innovations, driven by consumers’ desire for wholesome and sustainably sourced products that provide health benefits beyond basic nutrition. Functional food ingredients are essential in catering to the growing emphasis on health and wellness among consumers, offering advantages such as improved digestion, enhanced immunity, and better heart health.
As health consciousness rises and lifestyle-related diseases become more prevalent, consumers are actively pursuing products that promote their well-being. This trend has led to an increased demand for functional food ingredients. For example, a February 2022 article from the National Center for Biotechnology Information (NCBI) highlights that individuals aged 65 and older show a strong preference for various functional foods, such as yogurt with lactic acid bacteria, likely due to their heightened health concerns. As consumers continue to prioritize health and seek products with added benefits, the demand for functional food ingredients is expected to grow, further fueling market expansion.
Functional Food Ingredients Market Overview
The functional food ingredients market encompasses a wide range of ingredients added to foods to provide health benefits beyond basic nutrition. These ingredients may include probiotics, prebiotics, vitamins, minerals, fiber, and bioactive compounds. They are incorporated into various food products, including dairy, beverages, baked goods, snacks, and dietary supplements.
Key Trends:
Health and Wellness: Consumers are increasingly looking for foods that offer health benefits, such as enhanced immune support, digestive health, and cardiovascular health.
Natural Ingredients: There is a growing demand for natural and organic functional food ingredients, driven by a shift towards clean label products.
Personalization: The trend towards personalized nutrition is gaining traction, with consumers seeking tailored functional foods that meet their specific health needs.
Innovative Products: Manufacturers are investing in research and development to create innovative functional food products, such as fortified snacks and beverages.
Challenges:
Despite the growth potential, the market faces challenges such as regulatory hurdles, concerns about ingredient safety, and varying consumer perceptions of functional foods. Additionally, competition from alternative health products and dietary supplements can pose a threat to the functional food ingredients market.
Future Outlook:
The functional food ingredients market is poised for continued growth, driven by ongoing research into the health benefits of functional ingredients and increasing consumer demand for healthier food options. As manufacturers innovate and expand their product lines, the market is expected to evolve, offering more diverse and effective functional food solutions.
Food, By Application, Accounted for The Highest Market Share Among Form Segment In 2023.
With the largest market share of all the segments, the food segment emerged as the dominant segment in the market for functional food ingredients. The market for functional food ingredients is experiencing growth fuelled by a rising preference for convenient, nutritious food options and an increasing demand for fortified food and beverage products. This expansion is driven by a rapidly growing health-conscious population, especially evident in emerging markets, which seek out fortified food products incorporating functional food ingredients.
Functional foods are becoming increasingly popular among consumers who are looking for specific health benefits like better digestion, immune system support, or increased energy levels in addition to nutritional value.
To satisfy the many demands and inclinations of health-conscious consumers, food manufacturers are actively introducing functional ingredients into a broad variety of food products, from snacks and beverages to dairy products and baked goods by meeting sustainability demands. For instance, in March 2023, ADM introduced the Knwble Grwn brand of functional food ingredients, aimed at offering consumers sustainably sourced, plant-based food ingredients that prioritize wholesomeness. These products are cultivated by small or underrepresented farmers utilizing regenerative agricultural practices, contributing to environmental conservation efforts. This new brand aligns with ADM’s existing sustainability initiatives, further reinforcing the company’s commitment to environmental stewardship and responsible sourcing practices.
Top Functional Food Ingredients Companies:
The key players in this market include Cargill, Incorporated (US), BASF SE (Germany), ADM (US), International Flavors & Fragrances Inc. (US), Arla Foods amba (Denmark), Kerry Group plc (Ireland), Ajinomoto Co., Inc. (Japan), DSM (Netherlands), Ingredion (US), and Tate & Lyle (UK).
Functional Food Ingredients Industry News:
In February 2024, Cargill, Incorporated (US) and ENOUGH (UK) expanded their partnership to innovate sustainable protein options using ENOUGH’s fermented mycoprotein technology. Cargill, Incorporated’s investment, and commercial agreement will boost ABUNDA mycoprotein production, known for its meat-like texture and sustainability. This partnership allows Cargill, Incorporated to tap into the growing demand for alternative protein sources, enhancing its position in the functional food ingredients market and leveraging its global footprint to scale up production efficiently.
In September 2023, BASF SE (Germany) unveiled Product Carbon Footprints (PCFs) for selected human nutrition ingredients including Vitamin AP 1,7 TOC and Vitamin E Acetate 98%. Certified methodology reveals at least 20% lower emissions compared to the global market average. This initiative, under ISO 14067:2018, aids BASF SE in offering a competitive advantage while supporting customer emission reduction goals. By showcasing superior PCFs for functional food ingredients, this initiative not only strengthens BASF’s competitive edge but also enhances its reputation as a sustainable leader in the functional food ingredients market, fostering trust and loyalty among consumers and partners.
#Functional Food Ingredients Market#Functional Food Ingredients#Functional Food Ingredients Market Size#Functional Food Ingredients Market Share#Functional Food Ingredients Market Growth#Functional Food Ingredients Market Trends#Functional Food Ingredients Market Forecast#Functional Food Ingredients Market Analysis#Functional Food Ingredients Market Report#Functional Food Ingredients Market Scope#Functional Food Ingredients Market Overview#Functional Food Ingredients Market Outlook#Functional Food Ingredients Market Drivers#Functional Food Ingredients Industry#Functional Food Ingredients Companies
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just as Moonlight Chicken comes to a close, i have the chance to find myself reading a book very relevant to its themes. How to Do Nothing: Resisting the Attention Economy by Jenny Odell, discusses the notion of what it means to be useful in free market capitalism and felt very poignant as I was watching MLC, both book and show placing emphasis on rootedness and responsibility to our home/ecosystem in a world where, increasingly, our space and relationships are determined by the logic of capital.
throughout the show, Uncle Jim’s arc deals with the impending closure of his chicken diner due to corporate development in the area. we soon find out the pandemic has taken a toll on businesses in this neighborhood, and that Uncle Jim offers unlimited chicken to his customers after midnight. this is later questioned by Wen, who thinks Jim could be making a bigger profit if he ditched the all-you-can-eat after midnight business model, and notes that “other diners do that.” Uncle Jim disagrees. he says: “I’m comfortable with the way I’m doing it.” he thinks in terms of the larger ecosystem of his community: of the food waste (where we know big corporate chains like Starbucks have to dump good food at the end of each day), of the usefulness of his economic role beyond bringing him a profit.
Wen’s profit drive and his participation to the development of the Marina food court is shared by a few others in the MLC world: from the neighborhood local landlord to Gaipa’s mom. throughout the show, we feel the pressure of smaller players having to learn to adapt to grow in order to survive.
related to capitalist growth, Odell’s book says, “in the context of health and ecology, things that grow unchecked are often considered parasitic or cancerous. Yet we inhabit a culture that privileges novelty and growth over the cyclical and regenerative. Our very idea of productivity is premised on the idea of producing something new, whereas we do not tend to see maintenance and care as productive in the same way.”
economic growth in the universe of Pattaya, the Marina food court construction, Wen’s promotion, are all intertwined with the challenge of the same capitalist growth mindset at the level of interpersonal relationships: Wen chasing for a confirmation of his status with Jim, Li Ming’s struggle to determine his next step towards economic sufficiency, Heart becoming deaf and his parents’ reaction to essentially hide him away from society (with the implication that disabled individuals are a dissonant surplus in a society that functions by triaging its weakest).
the theme of leaving and starting anew is also important in MLC. Jim and Jam abandon their rural origin for economic prosperity; Li Ming’s wants to do the same with America. Wen leaves his relationship with Alan and Leng discusses the possibility of an abortion for his child with Praew. it stands out, therefore, that almost every character completes their arc not by leaving and starting anew, but by learning how to make use of what they have. Li Ming locks in his plans to leave not out of economic necessity, but out of the desire to help Heart. Leng and Praew stick together to raise their child despite economic difficulties.
notably, instead of cutting off ties, Wen and Alan leave room for friendship based on the mutual recognition of their past together and a relationship based on maintenance and care, which is important especially for queer people who may be estranged from biological family (it’s not lost on the viewer that Alan has no one but his sister-in-law to help with moving out). homophobic members of family are however muted and de-emphasized; MLC is much more interested in spotlighting Gaipa’s mom and Jam coming to terms with their sons’ sexualities.
it’s also no wonder that at the end of the show, we don’t find Uncle Jim overhauling his life to create a different economic reality for himself. he is instead content to be providing for his newly enlarged family, as well as the rest of the community, as he repurposes his diner into a food truck. he parts ways with us on the following note: “I choose to sell Chicken Rice because it’s a simple dish consisted of four components: rice, chicken, broth, and sauce. It might only have four units, yet everyone’s definition of ‘delicious’ differs. Some love to eat chicken skin. Some love chicken thighs. Some don’t eat it with the sauce at all. Some love the hot broth. That’s what makes this simple dish stand out.”
and in a world where capitalism tells us to disrupt and innovate, this is, in fact, counterculture: the idea that a simple dish like chicken and rice shouldn’t be changed. that it is already great in and of its own, though it can look differently for everyone; it only requires us to have the right perspective and outlook to see its value. as Jim contemplates this throughout the show, it could be that the ‘right person’ and the ‘right time’ is right there in front of you, or at least that’s what i think that is what MLC tells us. that instead of fleeing and searching for growth elsewhere, the most radical act you can take against capitalist displacement is to firmly plant your roots where you are; to renew, regenerate, restore and rekindle your relationship to those around you, to your community and, most importantly, to yourself.
#some thoughts on the anticapitalism/community care in mlc#moonlight chicken#moonlight chicken meta#long post#bl.txt
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Acetic Acid Market - Forecast(2024 - 2030)
Acetic Acid Market Overview
Acetic Acid Market Size is forecast to reach $14978.6 Million by 2030, at a CAGR of 6.50% during forecast period 2024-2030. Acetic acid, also known as ethanoic acid, is a colorless organic liquid with a pungent odor. The functional group of acetic acid is methyl and it is the second simplest carboxylic acid. It is utilized as a chemical reagent in the production of many chemical compounds. The major use of acetic acid is in the manufacturing of vinyl acetate monomer, acetic anhydride, easter and vinegar. It is a significant industrial chemical and chemical reagent used in the production of photographic film, fabrics and synthetic fibers. According to the Ministry of Industry and Information Technology, from January to September 2021, the combined operating revenue of 12,557 major Chinese garment companies was US$163.9 billion, showing a 9% increase. Thus, the growth of the textile industry is propelling the market growth for Acetic Acid.
Report Coverage
The “Acetic Acid Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Acetic Acid industry.
By Form: Liquid and Solid.
By Grade: Food grade, Industrial grade, pharmaceutical grade and Others.
By Application: Vinyl Acetate Monomer, Purified Terephthalic Acid, Ethyl Acetate, Acetic Anhydride, Cellulose Acetate, Acetic Esters, Dyes, Vinegar, Photochemical and Others
By End-use Industry: Textile, Medical and Pharmaceutical, Oil and Gas, Food and Beverages, Agriculture, Household Cleaning Products, Plastics, Paints & Coating and Others.
By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World (the Middle East and Africa).
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Key Takeaways
The notable use of Acetic Acid in the food and beverages segment is expected to provide a significant growth opportunity to increase the Acetic Acid Market size in the coming years. As per the US Food and Agriculture Organization, world meat production reached 337 million tonnes in 2019, up by 44% from 2000.
The notable demand for vinyl acetate monomer in a range of industries such as textile finishes, plastics, paints and adhesives is driving the growth of the Acetic Acid Market.
Increase in demand for vinegar in the food industry is expected to provide substantial growth opportunities for the industry players in the near future in the Acetic Acid industry.
Acetic Acid Market Segment Analysis – by Application
The vinyl acetate monomer segment held a massive 44% share of the Acetic Acid Market share in 2021. Acetic acid is an important carboxylic acid and is utilized in the preparation of metal acetates and printing processes, industrially. For industrial purposes, acetic acid is manufactured by air oxidation of acetaldehyde with the oxidation of ethanol, butane and butene. Acetic acid is extensively used to produce vinyl acetate which is further used in formulating polyvinyl acetate. Polyvinyl acetate is employed in the manufacturing of plastics, paints, textile finishes and adhesives. Thus, several benefits associated with the use of vinyl acetate monomer is boosting the growth and is expected to account for a significant share of the Acetic Acid Market.
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Acetic Acid Market Segment Analysis – by End-use Industry
The food and beverages segment is expected to grow at the fastest CAGR of 7.5% during the forecast period in the Acetic Acid Market. Acetic Acid is also known as ethanoic acid and is most extensively used in the production of vinyl acetate monomer. Vinyl acetate is largely used in the production of cellulose acetate which is further used in several industrial usage such as textiles, photographic films, solvents for resins, paints and organic esters. PET bottles are manufactured using acetic acid and are further utilized as food containers and beverage bottles. In food processing plants, acetic acid is largely used as cleaning and disinfecting products. Acetic acid is extensively used in producing vinegar which is widely used as a food additive in condiments and the pickling of vegetables. According to National Restaurant Association, the foodservice industry is forecasted to reach US$898 billion by 2022. Thus, the advances in the food and beverages industry are boosting the growth of the Acetic Acid Market.
Acetic Acid Market Segment Analysis – by Geography
Asia-Pacific held a massive 41% share of the Acetic Acid Market in 2021. This growth is mainly attributed to the presence of numerous end-use industries such as textile, food and beverages, agriculture, household cleaning products, plastics and paints & coatings. Growth in urbanization and an increase in disposable income in this region have further boosted the industrial growth in this region. Acetic acid is extensively used in the production of metal acetates, vinyl acetate and vinegar which are further utilized in several end-use industries. Also, Asia-Pacific is one of the major regions in the domain of plastic production which provides substantial growth opportunities for the companies in the region. According to Plastic Europe, China accounted for 32% of the world's plastic production. Thus, the significant growth in several end-use industries in this region is also boosting the growth of the Acetic Acid Market.
Acetic Acid Market Drivers
Growth in the textile industry:
Acetic Acid, also known as ethanoic acid, is widely used in the production of metal acetate and vinyl acetate which are further used in the production of chemical reagents in textiles, photographic films, paints and volatile organic esters. In the textile industry, acetic acid is widely used in textile printing and dyes. According to China’s Ministry of Industry and Information Technology, in 2020, textile and garment exports from China increased by 9.6% to US$291.22 billion. Also, according to the U.S. Department of Commerce, from January to September 2021, apparel exports increased by 28.94% to US$4.385 billion, while textile mill products rose by 17.31% to US$12.365 billion. Vinyl acetate monomer is utilized in the textile industry to produce synthetic fibers. Thus, the global growth in demand for textiles is propelling the growth and is expected to account for a significant share of the Acetic Acid Market size.
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Surge in use of vinegar in the food industry:
The rapid surge in population along with the adoption of a healthy and sustainable diet has resulted in an increase in demand for food items, thereby increasing the global production level of food items. As per US Food and Agriculture Organization, in 2019, global fruit production went up to 883 million tonnes, showing an increase of 54% from 2000, while global vegetable production was 1128 million tonnes, showing an increase of 65%. Furthermore, world meat production reached 337 million tonnes in 2019, showing an increase of 44% from 2000. Acetic acid is majorly used in the preparation of vinegar which is further widely utilized as a food ingredient and in personal care products. Vinegar is used in pickling liquids, marinades and salad dressings. It also helps to reduce salmonella contamination in meat and poultry products. Furthermore, acetic acid and its sodium salts are used as a food preservative. Thus, the surge in the use of vinegar in the food industry is boosting the growth of the Acetic Acid Market.
Acetic Acid Market Challenge
Adverse impact of acetic acid on human health:
Acetic Acid is considered a strong irritant to the eye, skin and mucous membrane. Prolong exposure to and inhalation of acetic acid may cause irritation to the nose, eyes and throat and can also damage the lungs. The workers who are exposed to acetic acid for more than two or three years have witnessed upper respiratory tract irritation, conjunctival irritation and hyperkeratotic dermatitis. The Occupational Safety and Health Administration (OSHA) reveals that the standard exposure to airborne acetic acid is eight hours. Furthermore, a common product of acetic acid i.e., vinegar can cause gastrointestinal tract inflammatory conditions such as indigestion on excess consumption. Thus, the adverse impact of Acetic Acid may hamper the market growth.
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Acetic Acid Industry Outlook
The top 10 companies in the Acetic Acid Market are:
Celanese Corporation
Eastman Chemical Company
LyondellBasell
British Petroleum
Helm AG
Pentoky Organy
Dow Chemicals
Indian Oil Corporation
Daicel Corporation
Jiangsu Sopo (Group) Co. Ltd.
Recent Developments
In March 2021, Celanese Corporation announced the investment to expand the production facility of vinyl portfolio for the company’s acetyl chain and derivatives in Europe and Asia.
In April 2020, Celanese Corporation delayed the construction of its new acetic acid plant and expansion of its methanol production by 18 months at the Clear Lake site in Texas.
In October 2019, BP and Chian’s Zhejiang Petroleum and Chemical Corporation signed MOU in order to create a joint venture to build a 1 million tonne per annum Acetic Acid plant in eastern China.
Key Market Players:
The Top 5 companies in the Acetic Acid Market are:
Celanese Corporation
Ineos Group Limited
Eastman Chemical Company
LyondellBasell Industries N.V.
Helm AG
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#Acetic Acid Market#Acetic Acid Market Share#Acetic Acid Market Size#Acetic Acid Market Forecast#Acetic Acid Market Report#Acetic Acid Market Growth
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