#Functional Foods Market Forecast

[aarunresearcher]

The United States food preservatives market size was valued at USD 794.8 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,111.8 Million by 2033, exhibiting a CAGR of 3.80% from 2025-2033. 

[ananya5400]

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.

[amr-jayprakash]

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.

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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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[chemanalyst]

Melamine Market is Expected to Grow at a CAGR of 3.87% during the forecast period until 2032

The melamine market has witnessed remarkable growth and diversification in recent years, propelled by a myriad of factors shaping the global landscape. Melamine, a nitrogen-rich organic compound, finds extensive applications across various industries, including construction, automotive, textiles, packaging, and food service. Its unique properties, such as high flame resistance, thermal stability, durability, and chemical inertness, have made melamine a versatile and indispensable material in numerous manufacturing processes and end-use applications.

One of the primary drivers of the melamine market is the increasing demand from the construction industry. Melamine-based products, such as melamine formaldehyde resins and melamine foam insulation, are widely used in construction applications such as laminates, decorative panels, flooring, countertops, and insulation materials. With rapid urbanization, infrastructure development, and construction activities on the rise globally, the demand for melamine-based construction materials is expected to surge.

Read Full Report: https://www.chemanalyst.com/industry-report/melamine-market-812

Moreover, the automotive sector represents another significant market for melamine, driven by the increasing demand for lightweight, durable, and aesthetically appealing materials. Melamine-based components, such as automotive interior trim, dashboard panels, door panels, and decorative parts, offer excellent properties such as scratch resistance, color stability, and surface finish, thereby enhancing the overall aesthetics and functionality of vehicles. As automotive manufacturers focus on improving fuel efficiency, reducing emissions, and enhancing passenger comfort and safety, the demand for melamine-based automotive materials is projected to grow substantially.

Furthermore, the textiles industry presents lucrative opportunities for the melamine market, particularly in the manufacturing of melamine-formaldehyde resins for textile finishing and coating applications. Melamine resins impart crease resistance, wrinkle resistance, and color fastness to textiles, thereby enhancing their durability, appearance, and performance. With the growing demand for high-quality textiles, home furnishings, and apparel, the demand for melamine-based textile additives is expected to increase.

Additionally, the packaging industry represents a significant market for melamine, driven by the rising demand for lightweight, durable, and eco-friendly packaging materials. Melamine-based products, such as melamine-formaldehyde resins and melamine foam packaging, offer excellent properties such as thermal insulation, moisture resistance, and shock absorption, making them ideal for packaging applications such as food packaging, electronics packaging, and industrial packaging. As consumers increasingly prioritize sustainability, recyclability, and environmental friendliness, the demand for melamine-based packaging solutions is expected to grow.

Despite the promising outlook, the melamine market faces challenges and constraints, including fluctuating raw material prices, regulatory compliance issues, and environmental concerns related to formaldehyde emissions. However, industry stakeholders are actively addressing these challenges through initiatives focused on product innovation, sustainability, and regulatory compliance. Moreover, strategic partnerships, mergers, and acquisitions are driving consolidation and market expansion in the melamine industry.

In conclusion, the melamine market is poised for continued growth and innovation, driven by its versatile applications, inherent properties, and compatibility with evolving market trends. By leveraging its strengths in construction, automotive, textiles, packaging, and other sectors, the melamine market can navigate towards a more sustainable and prosperous future, ensuring its relevance and competitiveness in the global marketplace.

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[infinitiresearch]

Pet Treats Market| Analysis, Growth and Forecast, 2024 – 2028

Originally published on Technavio: Pet Treats Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Germany, France, UK - Size and Forecast 2024-2028

The Global Pet Treats Market is poised for substantial growth across key regions, including North America, Europe, Asia-Pacific (APAC), South America, and the Middle East and Africa (MEA). In-depth market analysis for the period 2024-2028 provides insights into the trends and factors shaping the industry, with a specific focus on major countries such as the United States, China, Germany, France, and the United Kingdom.

In North America, the pet treats market is expected to experience robust expansion driven by the increasing humanization of pets and the rising trend of premiumization in pet food products. The United States, being a major contributor to the regional market, witnesses a growing demand for high-quality and nutritious pet treats. The emphasis on health and wellness, coupled with the popularity of natural and organic pet snacks, fuels the market's growth in the region.

Europe, with its pet-loving culture and discerning pet owners, is anticipated to witness significant traction in the pet treats market. Countries like Germany, France, and the United Kingdom are key players in shaping the regional landscape. The market is influenced by factors such as the premiumization of pet treats, the demand for innovative and functional treats, and the increasing awareness of pet health and nutrition.

In the Asia-Pacific region, particularly in China, the pet treats market is on an upward trajectory owing to the expanding pet ownership, increasing disposable incomes, and a shift towards pet humanization. The market in China is characterized by a growing middle class that is willing to invest in high-quality and specialty pet treats. The overall APAC region is witnessing a surge in pet treat consumption, driven by a rising awareness of pet well-being and the desire for novel and exotic pet food options.

South America is emerging as a promising market for pet treats, with countries like Brazil showcasing increasing pet ownership and a growing market for premium pet products. The region's changing demographics and lifestyle trends contribute to the rising demand for convenient and nutritious pet treats.

In the Middle East and Africa, the pet treats market is gaining traction as pet ownership rises, driven by changing lifestyles and increasing urbanization. The region's market is characterized by a preference for premium and imported pet treats, with a focus on natural and organic ingredients.

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In summary, the global pet treats market is witnessing dynamic growth across North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The market dynamics in the United States, China, Germany, France, and the United Kingdom play a pivotal role in shaping the industry's landscape during the forecast period from 2024 to 2028. The trends of pet humanization, premiumization, and a focus on pet health and nutrition are key drivers influencing the market's trajectory across these regions.

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[logangervais]

Strengths and Weaknesses

One notable strength is adaptability. Having worked in fields ranging from grocery to construction management, I've learned to quickly grasp new concepts and adjust my approach to fit different business landscapes. This adaptability was evident when I seamlessly transitioned from working the cash registers at M&M Food Market to managing a small team of labourers at a steel framing and drywall company specializing in condos.

Another key strength is effective communication. Whether collaborating with cross-functional teams or presenting ideas to company leads, I have consistently demonstrated the ability to convey complex information clearly and compellingly. This skill has proven invaluable during client pitches, where I successfully secured funding and job contracts by articulating the value proposition of our services.

Weaknesses:

Despite these strengths, I acknowledge areas where improvement is crucial for entrepreneurial success. Time management is an area I am in need of refining. In my previous roles, tight deadlines sometimes led to rushed work, impacting the quality of deliverables. To address this, I plan to implement a structured schedule, incorporating tools like time-blocking and prioritization to enhance efficiency.

Another area for improvement lies in financial management. i've never been giving the opportunity to manage budgets in prior roles, therefore I recognize the need for a deeper understanding of financial strategies and forecasting. To bridge this gap, I am committed to enrolling in courses and seeking mentorship from experienced entrepreneurs to strengthen my financial management skills.

In conclusion, recognizing these strengths and weaknesses is a pivotal step in my entrepreneurial journey. Leveraging my strengths and actively addressing areas of improvement will be key to navigating the challenges and opportunities that lie ahead.

[foodandbeverages]

Organic Acid Market Potential Growth, Share, Demand And Analysis Of Key Players- Analysis Forecasts To 2032

In 2022, it is anticipated that the organic acids market will reach US$ 11.3 billion. The market for organic acid is expected to reach US$ 18.8 Bn by 2032, growing at a constant CAGR of 5.3% throughout the projected period.

Market prospects are anticipated to be favorable due to the expanding use of organic acids in the food and beverage industry. In addition, during the course of the projection period, there will be chances for market expansion due to the rising demand for organic acid alternatives.

These acids have multiple applications in animal feed industry to inhibit bacterial growth and provide hosts with nutritional content. They are used in cosmetics to get rid of dead cells and nourish skin. Owing to these factors, demand for organic acids is expected to rise in the forthcoming years.

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Consumers are adopting a healthy lifestyle and are conscious about the intake of any products that contain chemical ingredients which be harsh on their skin or cause any side effects because of daily consumption.

Consumer preference for brands that are offering organic products without harmful chemical additives is expected to influence the demand for organic acids. To fulfil rising consumer demand for natural products, manufacturers are developing technologies and clean label products that do not cause any harm to environment and human health.

Asia Pacific is expected to witness surge in demand for organic acids due to less stringent policies. North America is expected to be the hub for manufacturing and export of different organic acids due to easy availability of infrastructure and technical know-how.

“Growing preference for clean label products across the food & beverage sector, coupled with increasing incorporation of organic acids in animal feed will steer growth in the market over the forecast period,” says an FMI analyst. 

Key Takeaways:

The     organic acid market is expected to grow at CAGR of 5.2% and 4.2% in North     America and the Latin America, respectively, through 2032.

Asia     Pacific is expected to account for 30% of the total organic acid market     share share.

The     Europe organic acid market is expected to reach a valuation of US$ 4.5 Bn     over the forecast period.

Total     sales in the U.S. organic acids market will reach a valuation of US$ 2.1     Bn in 2022.

The     India organic acid market valuation will total US$ 1.07 Bn in 2022.

By     application, sales in the poultry and farming segment are projected to     account for 30% of the total market share.

Based     on product type, demand for citric acid will continue gaining traction.

Competitive Landscape

Key organic acid manufacturers are focusing on research & development to offer various products with no chemical additives. Key players are collaborating and developing new products to penetrate untapped markets. For instance:

Eastman     Chemical Company announced the acquisition of 3F Feed & Food, a     European pioneer in the commercial and technical producer of livestock     feed and human food additives. 3F’s operations and assets, which are based     in Spain, will improve and support Eastman’s animal nutrition industry’s     sustained future demand and will be integrated into the company’s     Additives & Functional Products division.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global reduced fat butter market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on  Product Type (Lactic Acid, Formic Acid,  Acetic Acid, Citric Acid,  Propionic Acid, Ascorbic Acid, Gluconic Acid, Fumaric Acid), Application (Poultry and Farming, Pharmaceuticals, Industrial, Food & Beverages)Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).

Frequently Asked Questions

How     much is the global organic acid market worth?

What     is the demand outlook forecast for the organic acid market?

At     what rate did the demand for organic acid grow between 2027 to 2021?

At     what rate will organic acid demand grow in Europe?

What     is the North America organic acid market outlook?

Empower your business strategy with our comprehensive report on the organic acid market@ https://www.futuremarketinsights.com/reports/global-organic-acids-market

[aartichede08]

Proteomics Market Size Estimation, Consumption, And Growth Opportunities Till 2028

Proteomics Market research report provides comprehensive information on the market. It also includes in-depth information about Market #Drivers, Opportunities, Market Restraints, Market Growth #Challenges and Cumulative #Growth Analysis. Moreover, the report also provides an in-depth analysis of the Proteomics Market by identifying key players. The report also examines the #competitive landscape of the Proteomics Market industry and analyses its impact on the growth of this market over the next few years. The segmental analysis focuses on revenue and forecast for the period 2019-2029.

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Proteomics refers to the large scale characterization of the entire protein complement of cells, tissues and even whole organisms. Proteomics is the large-scale study of proteins. Proteins are vital parts of living organisms, with many functions such as the formation of structural fibers of muscle tissue, enzymatic digestion of food, or synthesis and replication of DNA.

The competitive landscape analysis of the Proteomics market is primarily focused on expanding the growth of the Proteomics market with new return type innovation, business expansion, and the increasing presence of a range of manufacturers operating in the reverse logistics market has led to growing demand for the market. 

Market Key Players

Bio-Rad Laboratories, Inc.

Illumina, Inc.

Agilent Technologies, Inc.

Danaher Corporation

General Electric

Thermo Fisher Scientific, Inc.

Bruker Corporation

F. Hoffmann-La Roche Ltd.

Promega Corp.

Merck KGaA

Biognosys AG

Bruker

Caprion Biosciences Inc.

Luminex Corporation

Genzyme Corporation

LI-COR, Inc.

Waters Corporation

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[global-research-report]

The Future of Snacking: A Comprehensive Analysis of Market Dynamics and Consumer Behavior

The global snacks market size is expected to reach USD 922.08 billion in 2030, registering a CAGR of 4.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing trend of on-the-go consumption, especially among urban residents and younger people, has greatly boosted market growth. Consumers are drawn to the diverse flavors and varieties of snacks that cater to their different tastes. In addition, the move toward healthier and more convenient snack options has been a significant factor driving market expansion. The rising consumer demand for convenience is a significant driver for the global market. There has been a surge in on-the-go snacking, with consumers seeking portable snack options that fit their busy lifestyles. This trend is expected to continue, contributing to the growth of the global snack market.

The increasing focus on healthy and functional ingredients is another crucial factor propelling the market forward. Consumers are increasingly looking for snacks that taste good and offer health benefits. While salty snacks remain popular, there is a growing demand for healthier snack options high in protein, fiber, and other nutrients. Manufacturers can develop and offer such products to cater to this evolving consumer preference. The bags & pouches market held the higher share of the market in 2023 and is expected to register a considerable CAGR over the forecast period. A major factor fueling the demand for snacks in bags and pouches is the convenience and portability they offer to consumers. In today’s fast-paced lifestyle, consumers increasingly seek on-the-go snack options that are easy to carry, open, and consume. Single-serving packages provide a convenient solution for snacking anytime, anywhere, catering to the needs of busy individuals, students, office workers, and travelers.

The savory snacks segment held a significant revenue share in 2023 and is expected to register a considerable CAGR over the forecast period. Consumers' evolving preferences for more adventurous flavors and food choices boost the demand for savory snacks. This has led to a surge in demand for savory snacks with ethnic and exotic flavors, including bold spices, international recipe inspirations, and globally inspired ingredients. Manufacturers are capitalizing on this trend by offering a variety of unique flavor profiles in their snack products. Sales of cereal bars through hypermarkets & supermarkets held a considerable market share. The convenience and accessibility of these retail channels, typically located in urban and suburban areas, make it easy for individuals to purchase healthy snacks during routine shopping trips. Collaborations with popular brands for in-store promotions and advertising campaigns increase brand visibility and generate consumer interest. Competitive pricing and discounts on healthy snacks further incentivize consumers to select these options over less nutritious alternatives.

North America accounted for the largest revenue share in 2023 and is estimated to expand at a significant CAGR from 2024 to 2030. The availability of a wide variety of snacks across supermarkets, convenience stores, specialty stores, and online retail channels makes it easier for consumers to access their preferred snack products. This accessibility contributes to the overall growth of the regional market. Supermarkets and hypermarkets hold a prominent share of the North American snack food market. Key companies adopt strategies, including global expansion, partnerships, M&As, development & launch of new products, and others, to gain higher market share.

Snacks Market Report Highlights

Asia Pacific is expected to grow at the fastest CAGR from 2024 to 2030. Technological advancements have enabled snack manufacturers to introduce a wide range of innovative products to cater to changing consumer demands. Advanced food processing technologies have allowed for the creation of healthier snack options, such as baked snacks, air-popped snacks, and snacks with functional ingredients like probioticsor superfoods

The frozen & refrigerated segment is estimated to grow at the fastest CAGR from 2024 to 2030. Frozen and refrigerated snacks offer a quick and easy solution for on-the-go consumption, catering to the needs of modern consumers who seek convenience in their food choices

The cans packaging segment is estimated to grow with the fastest CAGR from 2024 to 2030.The aesthetic and innovative design of modern cans can significantly enhance the visual appeal, making healthy snacks not just a treat for the palate but also visually appealing

The online distribution channel segment is expected to grow at the fastest CAGR from 2024 to 2030. The convenience, variety, accessibility, and potential cost savings make online purchases of snacks an attractive choice for many shoppers

Snacks Market Segmentation

Grand View Research has segmented the global snacks market based on product, packaging, distribution channel, and region:

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

Frozen & Refrigerated

Fruit

Bakery

Savory

Confectionery

Dairy

Others

Snacks Packaging Outlook (Revenue, USD Million, 2018 - 2030)

Bag & Pouches

Boxes

Cans

Jars

Others

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

Supermarket/Hypermarket

Convenience Stores

Online

Others

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

North America

US

Canada

Mexico

Europe

UK

Germany

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia & New Zealand

South Korea

Central & South America

Brazil

Middle East & Africa

UAE

South Africa

Key Players

General Mills, Inc.

PepsiCo

The Kraft Heinz Company

Nestlé

The Kellogg Company

Unilever

Conagra Brands, Inc.

Grupo Bimbo

Danone

Mars, Inc.

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

[ananya5400]

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.

[foodnutrtionblog]

Apple Seed Oil Market: Overview, Key Players, Segmentation, and Regional Analysis (2024 - 2032)

Apple Seed Oil Market Overview:

The apple seed oil market has witnessed substantial growth in recent years, driven by the increasing awareness of natural, sustainable, and plant-based ingredients in various industries. Apple seed oil is primarily valued for its moisturizing, anti-aging, and anti-inflammatory properties. It is used widely in skincare formulations for its ability to rejuvenate and repair skin cells, promote hair health, and improve overall skin texture. Additionally, its nutritional benefits have also positioned it as a valuable ingredient in food and beverage products.

The global apple seed oil market is expected to grow at a robust rate in the forecast period. Factors contributing to this growth include the rising consumer demand for clean-label products, the popularity of organic and natural ingredients in skincare, and the growing focus on preventive healthcare. The oil's versatility in different applications further boosts its appeal to both manufacturers and consumers.

The global Apple Seed Oil Market was valued at USD 140 million in 2022 and is projected to grow from USD 0.15 million in 2023 to USD 250 million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 5.81% during the forecast period from 2024 to 2032. This growth is driven by increasing consumer demand for natural and sustainable products across sectors such as cosmetics, pharmaceuticals, and nutraceuticals.

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Key Players:

The apple seed oil market is characterized by the presence of several established players, alongside new entrants capitalizing on the growing demand for natural and organic products. Some key players in the market include:

Nature's Way Products, Herb Pharm, N. Health, Ceres Ag Corp, Hemp Seed Oil Co, Midwest Herbs, Kirkman, Nutraceutical International Corporation, Sundown Naturals, Sierra Natural Science, Apex Oils, Kailash Herbs, Agarwal Industries, Now Foods, Flora Inc

These companies continue to innovate and expand their product portfolios to meet the rising demand for natural ingredients, especially in cosmetics, personal care, and nutraceuticals.

Market Segmentation:

The apple seed oil market can be segmented based on application, extraction method, end-use industry, formulation type, and region.

By Application:

-Cosmetics: Apple seed oil is primarily used in the cosmetic industry due to its moisturizing, anti-aging, and antioxidant properties. It is a key ingredient in anti-wrinkle creams, lotions, serums, and lip balms.

-Food and Beverage: Apple seed oil is used as a natural flavoring and nutritional ingredient in food products. It is also gaining popularity in the production of healthy snacks and functional foods.

-Pharmaceuticals: The oil is utilized in pharmaceuticals for its anti-inflammatory and antioxidant effects. It is often included in supplements for heart health, immunity boosting, and skin care.

-Personal Care: Apple seed oil is used in hair care products like shampoos, conditioners, and oils, due to its ability to promote healthy hair growth and prevent hair damage.

-Industrial: While less common, apple seed oil is used in industrial applications such as lubricants and biodiesel production, owing to its rich fatty acid content.

By Extraction Method:

-Cold Pressed: This method preserves the nutrients and bioactive compounds in apple seed oil, making it ideal for use in high-quality cosmetics and food products. Cold-pressed apple seed oil retains the full nutritional value of the seeds.

-Solvent Extracted: This extraction method involves using solvents to extract oil from the seeds. While it is more cost-effective, it may result in a lower-quality product compared to cold-pressed oil.

-Hot Extracted: This method involves heating the seeds to extract the oil, which may reduce the oil's quality due to the loss of volatile compounds.

-Supercritical Fluid Extraction: A more advanced method that uses carbon dioxide to extract oil. This method is known for yielding the highest quality oil with minimal impurities.

By End-Use Industry:

-Skincare: The skincare segment holds the largest share of the apple seed oil market, driven by the increasing demand for natural ingredients in anti-aging, moisturizing, and skin repair products.

-Haircare: Apple seed oil's nourishing properties are well-suited for haircare applications, particularly for preventing hair loss and promoting hair growth.

-Nutraceuticals: With its high antioxidant content, apple seed oil is gaining traction in the nutraceuticals sector for products targeting heart health, anti-aging, and skin protection.

-Food Products: Apple seed oil is used in a range of food products as a healthy fat source, especially in organic and natural food segments.

By Formulation Type:

-Organic: Organic apple seed oil is highly sought after for its purity and sustainability. Organic certification is a major driver in the market, especially among health-conscious consumers.

-Conventional: Conventional apple seed oil, while not organically certified, still caters to a broad market due to its more affordable pricing.

-Natural: Natural apple seed oil, which may or may not be organic, is used widely in personal care and food products. It is known for being free of synthetic additives.

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Regional Analysis:

The apple seed oil market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

-North America: North America holds a significant market share due to bgfvgfvf  the rising demand for natural and organic beauty products. The United States is one of the largest consumers of apple seed oil, particularly in cosmetics and nutraceuticals.

-Europe: Europe is expected to witness steady growth, driven by consumer demand for sustainable and eco-friendly personal care products. Countries like Germany, France, and the UK are major contributors to the market.

-Asia Pacific: The Asia Pacific region is anticipated to grow at the highest rate during the forecast period, driven by increasing consumer awareness of natural ingredients and rising disposable incomes, especially in countries like China, India, and Japan.

-Latin America and Middle East & Africa: These regions are still developing markets for apple seed oil, but growing interest in natural skincare and food products is likely to spur demand in the coming years.

The apple seed oil market is poised for significant growth due to its versatile applications across multiple industries, including cosmetics, food and beverages, pharmaceuticals, and personal care. With a rising trend for natural, organic, and sustainable ingredients, apple seed oil is becoming a key component in skincare, haircare, and nutraceutical products. As the market continues to evolve, the development of innovative extraction methods and the increasing consumer preference for high-quality, eco-friendly products will further drive its growth. The regional market trends show that North America and Europe will remain dominant, while Asia Pacific is set to emerge as the fastest-growing market for apple seed oil.

Key Questions Answered in this Report.

How much is the Apple Seed Oil Market?

What is the growth rate of the Apple Seed Oil Market?

Which region held the largest market share in the Apple Seed Oil Market?

Who are the key players in the Apple Seed Oil Market?

Which application led the Apple Seed Oil Market?

Which form had the largest market share in the Apple Seed Oil Market?

Table of Contents:

Section I: Executive Summary

Section II: Market Introduction

Section II: Research Methodology

Section IV: Market Insights

Section V: Market Dynamics

Section VI: Market Factor Analysis …

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The functional pet food market size was valued at $1,954.8 million in 2020, and is estimated to reach $4,676.1 million by 2030, registering a CAGR of 8.8% from 2021 to 2030.

[futurevision23454]

Best Restaurant Software In India

The restaurant industry in India is booming, with diverse cuisines, unique dining concepts, and fast-paced services driving customer satisfaction. Managing a restaurant, however, can be a daunting task. Thankfully, restaurant software in India has emerged as a game-changer, streamlining operations and helping restaurant owners focus on what matters most — serving their customers. In this blog, we’ll explore the benefits, features, and top options available in the realm of restaurant software in India.

Why You Need Restaurant Software in India

The Indian market offers a wide variety of restaurant software tailored to meet the needs of different types of establishments, whether you own a fine dining restaurant, a café, or a food delivery service. These tools help you manage operations with ease while enhancing the dining experience for your customers.

Features to Look for in Restaurant Software in India

Before choosing the best restaurant software in India for your business, it’s essential to identify the features that suit your requirements. Here are some key functionalities to consider:

✅ Point of Sale (POS) System: A robust POS system is the backbone of any restaurant software. It ensures seamless billing and order management.

✅ Inventory Management: Effective inventory management helps track stock levels, reduce waste, and forecast needs accurately.

✅ Online Order Integration: With food delivery services on the rise, integration with online platforms like Swiggy and Zomato is a must.

✅ Table Management: This feature is crucial for dine-in restaurants, allowing you to manage reservations and seating arrangements efficiently.

✅ Customer Relationship Management (CRM): CRM tools help maintain customer loyalty by storing data and creating targeted offers.

✅ Analytics and Reporting: Detailed insights into your restaurant’s performance enable better decision-making.

✅ Multi-Language Support: In a diverse country like India, having software that supports multiple languages can be a big advantage.

Benefits of Using Restaurant Software in India

✅ Improved Efficiency: Automation reduces errors and speeds up operations.

✅ Better Customer Experience: Quick service and personalized offers make diners happy.

✅ Cost Savings: Effective inventory management minimizes waste and saves money.

✅ Enhanced Online Presence: Integration with food delivery apps helps expand your reach.

Top Restaurant Software in India

Here is a curated list of some of the best restaurant software in India:

Petpooja: Known for its versatility, Petpooja offers features such as POS, inventory tracking, and online order integration. It’s ideal for all kinds of restaurants.

2. POSist: This cloud-based software is perfect for scaling up businesses. It provides advanced CRM tools, table management, and analytics.

3. inresto: A great choice for dine-in restaurants, inresto focuses on reservation management, feedback collection, and marketing automation.

4. Torqus: Torqus is a popular restaurant software in India that emphasizes ease of use and customization. It’s excellent for startups and chains.

5. UrbanPiper: If online orders are your primary focus, UrbanPiper’s integration with top food delivery platforms ensures a seamless experience.

6. NuznInfotech: NuznInfotech stands out with its comprehensive features like POS, inventory control, CRM, and online order integration. It’s one of the top choices for restaurant software in India, catering to both small outlets and large chains.

Choosing the Right Restaurant Software in India

When selecting restaurant software in India, consider the following tips:

Assess Your Needs: A small café’s requirements differ from a large chain’s. List your priorities before making a choice.

Check Reviews: User reviews and testimonials can provide valuable insights into the software’s performance.

Opt for a Demo: Most providers offer free trials or demos. Use this to test the features and interface.

Budget Consideration: Balance cost with functionality to get the best value for your investment.

The Future of Restaurant Software in India

With advancing technology, restaurant software in India is becoming more sophisticated. AI-driven analytics, voice-command interfaces, and blockchain-based solutions for payment security are some trends to watch. These innovations promise to make restaurant operations even more streamlined and customer-focused.