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Protein Ingredients Market Recent Trends and Growth Analysis Report, 2030
The global protein ingredients market size is expected to reach USD 122.17 billion by 2030, registering a CAGR of 5.8% according to a new report by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding maintaining a healthy diet and leading an active lifestyle. In addition, the growing popularity of adopting a high protein diet as a part of weight reduction is expected to propel the demand for protein ingredients.
Increasing innovations by various manufacturers in terms of manufacturing proteins that contain a wide range of amino acids and specific functions, including energy balance, weight loss, muscle repair, and satiety, are expected to create immense growth potential for the market over the forecast period. Moreover, ascending demand for protein ingredients among women owing to the prevalence of the ‘strong not skinny’ trend as well as the rising popularity of resistance training among women are factors likely to fuel the market growth.
There has been an increase in the demand for supplements and natural prevention, a rise in the consumption of snack-based meal replacements, and growth in the consumer demand for greater ingredient traceability and authenticity. Moreover, rising demand for higher protein density in mainstream diet and growing multiple nutritional segments addressing various consumer needs on the basis of different life stages, gender, health issues, performance demands, regional diets, and regulatory framework are some of the other major trends being observed in the market.
Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market
Detailed Segmentation:
Product Insights
Based on product type, the animal/dairy protein segment is projected to account for a revenue share of 78.94% in 2022. The animal protein segment in the market is primarily driven by the demand for high-quality protein from various sectors such as food and beverage, animal feed, and personal care industries. Animal protein is considered a complete protein source as it contains all the essential amino acids required by the human body, making it a popular choice among consumers looking to maintain a healthy lifestyle.
Application Insights
Based on application, the food & beverage segment dominated the market with a revenue share of 39.21% in 2022 and is expected to retain its dominance during the forecast period. Whey protein ingredients are an economical source of protein and are therefore extensively used in the bakery and confectionery industry. Furthermore, advancements in process design and technology have improved the quality of whey products that are highly refined, including demineralized whey, WPIs, and WPCs. The advancements have resulted in the increased incorporation of protein ingredients in various functional food products to make them nutrient-rich.
Regional Insights
North America dominated the market and accounted for more than 33.56% share of the global revenue in 2022. The growing demand for protein ingredients is a result of the increasing consumption of snacks, cold cereals, and energy bars. The introduction of new products, such as Enfamil Human Milk Fortifier Liquid High Protein, by companies including Mead Johnson and Cargill, Inc. to cater to the consumer needs for cholesterol-free and low saturated fat beverages is expected to augment the product demand further.
Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.
• The global fermented ingredients market size was valued at USD 35.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.1% from 2024 to 2030.
• The global milk protein market size was estimated at USD 6.63 billion in 2023 and is projected to grow at a CAGR of 3.2% from 2024 to 2030.
Key Companies & Market Share Insights
The protein ingredients market is fragmented and is expected to witness moderate to high competition among the companies owing to the presence of numerous players. The changing consumer preferences towards functional foods and sports nutrition products are projected to push manufacturers to incorporate protein ingredients from sources such as dairy, soy, pea, eggs, and insects.
Some prominent players in the global protein ingredients market include:
• DuPont
• Rousselot
• ADM
• Burcon
• Tessenderlo Group
• Kewpie Corporation
• Roquette Freres
• The Scoular Company
• CHS, Inc.
• Mead Johnson & Company, LLC
• CropEnergies AG
• Fonterra Co-Operative Group
• Bunge Limited
• Cargill, Incorporated
• MGP
• Ingredion
• Kerry Inc.
• Givaudan
• Axiom Foods
• Tate & Lyle
• Puris
Protein Ingredients Market Segmentation
Grand View Research has segmented the protein ingredients market based on product, application, and region:
Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
• Plant Proteins
o Cereals
o Wheat
o Wheat Protein Concentrates
o Wheat Protein Isolates
o Textured Wheat Protein
o Hydrolyzed Wheat Protein
o HMEC/HMMA Wheat Protein
o Rice
o Rice Protein Isolates
o Rice Protein Concentrates
o Hydrolyzed Rice Protein
o Others
o Oats
o Oat Protein Concentrates
o Oat Protein Isolates
o Hydrolyzed Oat Protein
o Others
o Legumes
o Soy
o Soy Protein Concentrates
o Soy Protein Isolates
o Textured Soy Protein
o Hydrolyzed Soy Protein
o HMEC/HMMA Soy Protein
o Pea
o Pea Protein Concentrates
o Pea Protein Isolates
o Textured Pea Protein
o Hydrolyzed Pea Protein
o HMEC/HMMA Pea Protein
o Lupine
o Chickpea
o Others
o Roots
o Potato
o Potato Protein Concentrate
o Potato Protein Isolate
o Maca
o Others
o Ancient Grains
o Ancient Wheat
o Quinoa
o Sorghum
o Amaranth
o Chia
o Millet
o Others
o Nuts & Seeds
o Canola
o Canola Protein Isolates
o Hydrolyzed Canola Protein
o Others
o Almond
o Flaxseeds
o Others
o Animal/Dairy Proteins
o Egg Protein
o Milk Protein Concentrates/Isolates
o Whey Protein Concentrates
o Whey Protein Hydrolysates
o Whey Protein Isolates
o Gelatin
o Casein/Caseinates
o Collagen Peptides
o Microbe-based Protein
o Algae
o Bacteria
o Yeast
o Fungi
o Insect Protein
o Coleoptera
o Lepidoptera
o Hymenoptera
o Orthoptera
o Hemiptera
o Diptera
o Others
Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.
Recent Developments
• At Vitafoods held in April 2023, Darling Ingredients’ health brand Rousselot showcased its collagen peptides solution PEPTAN® for holistic well-being benefits. The premium protein-based ingredient provides multiple science-backed health benefits with nifty formulation properties.
• In June 2023, Roquette unveiled the new food innovation center, in Lestrem, France. This center will include a sensory analysis laboratory, a demonstration kitchen, and collaborative labs for pilot-scale testing of various plant-based ingredients.
• In May 2023, Burcon NutraScience Corporation, a global manufacturer of plant-based proteins for the F&B industry, announced its strategic initiative called Burcon 2.0. The Burcon 2.0 strategy will offer pilot-scale plant protein processing as a service.
• In April 2023, Burcon announced its plans to acquire Merit Functional Foods (Merit). Earlier in January 2023, Burcon was granted a patent for pea protein, which protected and maintained its pea protein licensee, Merit, with marketplace differentiation.
• In February 2023, Roquette entered a collaborative project with Eurial, Agri Obtentions, Greencell, the Université Lumière Lyon 2, and INRAE to develop AlinOVeg, which French plant-based (fava bean and peas) protein extraction and product development. Furthermore, in January 2023 Roquette invested in DAIZ Inc. to develop disruptive solutions in the healthy plant protein foods sector.
• In January 2022, Rousselot announced the expansion of its porcine collagen production capacity at the Ghent facility.
#Protein Ingredients Market#Protein Ingredients Market size#Protein Ingredients Market share#Protein Ingredients Market analysis#Protein Ingredients Industry
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Meticulous Research® Unveils Latest Insights on Global Plant Extracts Market, Projected to Reach $63.26 Billion by 2031
Growing Demand for Natural Products and Herbal Supplements Fuels Market Growth
Meticulous Research®, a leading provider of global market intelligence, has released a new comprehensive report titled, "Plant Extracts Market Size, Share, Forecast, & Trends Analysis by Product (Essential Oils, Oleoresins, Flavonoids, Carotenoids), Form (Liquid), Source (Herbs & Spices, Fruits & Vegetables), Application (Food & Beverages, Cosmetics) - Global Forecast to 2031." This report provides an in-depth analysis of the plant extracts market, which is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 8.7% from 2024 to 2031, reaching a market size of $63.26 billion by 2031.
Market Drivers and Opportunities
The global plant extracts market is witnessing significant growth, driven by increased consumer awareness of the benefits of natural products, heightened demand for natural colors and flavors, and a surge in the popularity of herbal supplements. Consumers are increasingly seeking clean-label and health-conscious products, which is fueling the demand for plant-based ingredients across various industries.
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However, market growth may be moderated by challenges such as the availability of lower-cost substitutes and fluctuating raw material prices. Nonetheless, the expanding demand for cosmetics and the rising use of oleoresins in animal feed present substantial opportunities for industry participants. The market is also experiencing two key trends: the increasing prevalence of clean-label products and a growing focus on health and wellness.
Market Segmentation
The plant extracts market is segmented into several categories:
By Product Type: Key product segments include essential oils, oleoresins, flavonoids, alkaloids, carotenoids, and others. In 2024, the essential oils segment is expected to account for over 44.9% of the market. Essential oils are gaining prominence due to their wide use in industries such as food & beverages, cosmetics, and personal care, as well as their recognized health benefits, including antifungal, antibacterial, and wound-healing properties.
By Form: The market is divided into liquid and dry plant extracts. The liquid plant extracts segment is forecasted to lead the market in 2024, thanks to its versatility and ease of incorporation into various products. Liquid extracts are especially favored in cosmetics, personal care, food, and beverage industries for their ability to enhance product homogeneity and simplify dosing.
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By Source: The market is categorized by source into herbs & spices, fruits & vegetables, and flowers. Herbs & spices are expected to dominate with over 53.2% of the market in 2024, driven by their increasing use in Ayurveda, cosmetics, personal care, and the food & beverage industry. The therapeutic properties of herbs & spices, such as antioxidant and anti-inflammatory effects, are also contributing to their growing popularity.
By Application: Key application areas for plant extracts include food & beverages, cosmetics & personal care, pharmaceuticals & nutraceuticals, animal feed, and others. The food & beverages segment is expected to capture 44.9% of the market in 2024, driven by the growing demand for natural ingredients, such as plant-based antioxidants and flavoring agents, that extend shelf life and enhance product quality.
Geographic Insights
The report provides a detailed analysis of key geographical regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, the Asia-Pacific region is projected to account for over 35.7% of the global market, with an estimated value of $12.62 billion. The region's growth is supported by rising disposable incomes, changing consumer lifestyles, increased demand for processed foods, and a growing preference for herbal supplements. Additionally, the abundant supply of raw materials and a robust local food and beverage production industry are further boosting market growth in the region.
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Key Market Players
The global plant extracts market is moderately competitive, with a mix of large multinational companies and smaller regional players. Some of the prominent companies in the market include:
Arjuna Natural Extracts Ltd. (India)
Döhler GmbH (Germany)
Givaudan SA (Switzerland)
International Flavors & Fragrances Inc (U.S.)
Synthite Industries Ltd (India)
Sensient Technologies Corporation (U.S.)
Symrise AG (Germany)
Synergy Flavors Inc. (U.S.)
doTERRA International, LLC (U.S.)
ROBERTET SA (France)
These key players are focused on strategic initiatives such as product development, mergers, and acquisitions to strengthen their market position and cater to the growing demand for natural plant-based ingredients. Quick Buy : https://www.meticulousresearch.com/Checkout/14823546
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Vitamins & Dietary Supplements Procurement Intelligence: Global Market Is Expected to Exhibit CAGR of 8.5% During 2024-2030
Vitamins & Dietary Supplements - Procurement Intelligence
Vitamins & dietary supplements procurement is expected to unlock huge opportunities by harnessing advanced technologies across advanced and emerging economies. The global market size stood at USD 178.5 billion in 2023. Traction for health and wellness is evolving among America consumers as they seek supplements tailored to their needs. Notably, North America dominated the industry in 2023, accounting for 35% of the overall market share, followed by Europe and Asia Pacific.
Meanwhile, Europe is anticipated to witness growth owing to increased consumer awareness of health and the role of supplements in weight control and physical activity as well as their readiness to pursue a healthier lifestyle. The Asia Pacific region is poised to observe the fastest growth rate during the forecasted period. This growth is attributed to increasing consumer awareness & purchasing power along with a rise in the geriatric population in countries such as Japan and China.
Vitamins & dietary supplements are manufactured in several forms, such as tablets, capsules, powders, liquids, and gels. By type, the products are segmented into vitamin subtypes (e.g., A, B, C, D, E, and K), minerals, amino acids, enzymes, and probiotics. The products have end-use applications in pharmaceuticals, nutraceuticals, feed products, foods and beverages, and personal care products. A few of the key raw materials used in manufacturing these products include retinol, carotenoids, thiamin, riboflavin, ascorbic acid, cholecalciferol, calcium carbonate, and magnesium aspartate.
Key technologies driving the growth include nanoencapsulation, biohacking and targeted supplementation, nutrigenomics, 3D printing of capsules, and lab-grown nutrients. For instance, nanoencapsulation provides various benefits, such as improving the stability and solubility of bioactive compounds used in the manufacturing of vitamins and dietary supplements. It also inhibits the deterioration of products during storage and transportation. It also enhances the bioavailability and potency of the target compounds in the products.
Industry players purchase raw materials and active ingredients from a variety of sources and locations. The profit margins are typically moderate to low due to intense competition. The key players usually compete over pricing strategies, product innovations, packaging, labeling, and advertising. Customers can be selective, as their objective is to purchase the best available options at the lowest feasible cost. This increases the pressure on key players to provide competitive pricing and high-quality products. Besides, regulatory guidelines in several countries require companies to have stringent quality control and safety standards.
Vitamins & dietary supplements may either be manufactured in-house or through contract development & manufacturing organizations (CDMOs). They may be distributed via offline or online distribution channels. Offline channels include brick-and-mortar establishments such as direct sellers, pharmacies, hypermarkets, supermarkets, convenience stores, or other tangible shop environments. Online channels comprise e-pharmacies (Walgreens, CVS, PharmEasy) and e-commerce platforms (Amazon, eBay, Flipkart).
The COVID-19 pandemic caused significant disruption in the global vitamins and dietary supplements industry. The product demand intensified after the COVID-19 outbreak, due to the surge in demand for immunity-boosting products. Supply disruptions were prevalent due to transportation bottlenecks and labor shortages during government-imposed lockdowns, but the supply stabilized significantly in 2023 to meet the increased global demand.
Order your copy of the Vitamins & Dietary Supplements Procurement Intelligence report 2024-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Vitamins & Dietary Supplements Sourcing Intelligence Highlights
The vitamins & dietary supplements market has a fragmented landscape, with intense competition among the service providers.
Countries such as India and China are the preferred low-cost/ best-cost countries for vitamins and dietary supplements owing to cheap raw material costs, cheap labor costs, competitive pricing, and high return on investment.
Buyers have high negotiating power due to the intense competition among the service providers based on the scope of services and prices, enabling the buyers with flexibility to switch to a better alternative.
Raw materials, labor, technology and equipment, energy and utilities, packaging, labeling, and logistics, and other costs are the major cost components of the vitamins & dietary supplements. Other costs include R&D, regulatory and compliance, rent, general and administrative, sales and marketing, and finance and taxes.
List of Key Suppliers
Abbott Laboratories
Amway Corporation
Archer Daniels Midland Company (ADM)
BASF SE
Bayer AG
DSM Nutritional Products AG
GlaxoSmithKline plc (GSK)
Herbalife International, Inc.
Lonza Group Limited
Pfizer, Inc.
American Health Inc.
RBK Nutraceuticals Pty Ltd.
Browse through Grand View Research’s collection of procurement intelligence studies:
Advertising Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Corn Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Digital Procurement Systems Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Vitamins & Dietary Supplements Procurement Intelligence Report Scope
Vitamins & Dietary Supplements Category Growth Rate: CAGR of 8.5% from 2024 to 2030
Pricing Growth Outlook: 5% - 10% increase (Annually)
Pricing Models: Cost-plus pricing, competition-based pricing, demand-based pricing, bundled pricing
Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence
Supplier Selection Criteria: Geographical service provision, revenue generated, key regulatory certifications, years in service, employee strength, clientele, product portfolio, key technologies, distribution channels, application/end-use, customer ratings, and others.
Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
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Ascorbic Acid Market Share, Trends, and Growth Reports | Global Insight Services
Global Insight Services has recently updated its global market reports, now including the latest data for 2024 and projections through 2033.
The global ascorbic acid market was valued at USD 1.3 billion in 2022 and it is anticipated to grow further till USD 2.3 billion by 2032, at a CAGR of 6.0% during the forecast period.
A water-soluble vitamin called ascorbic acid is beneficial for those with serious illnesses. The COVID-19 pandemic had a favorable effect on market growth because people needed more vitamin C to boost their immunity. Additionally, ascorbic acid was used to treat COVID-19 patients who had only minor symptoms. Additionally, people were more likely to take vitamin C supplements to maintain their health and strengthen their defenses against the infection.
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Market Driver and Trends
In the following years, market growth is anticipated to be fueled by the increased demand for ascorbic acid in a number of industries, including baking, beverages, food processing, dietary supplements, and meat. Another important element boosting market expansion is the rise in cases of age-related macular degeneration and cataracts, as well as cancer, cardiovascular disease, the common cold, and cancer that can be protected by ascorbic acid absorption. In addition to the increased incidence of chronic diseases, the government’s expanding efforts to spread the word about ascorbic acid’s advantages will also present growth prospects for the ascorbic acid sector.
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Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Ascorbic Acid Market Segmentation
By Type
Potassium Ascorbate
Calcium Ascorbate
Magnesium Ascorbate
Others
By Application
Food & Beverages
Pharmaceutical
Beauty & Personal Care
Animal Feed
By Form
Powder
Liquid
Major Players in the Global Ascorbic Acid Market
The key players studied in the report are BASF SE, Merck KGaA, Koninklijke DSM NV, Northeast Pharmaceutical Group Co. Ltd., Luwei Pharmaceutical Group Co. Ltd., Foodchem International Corporation, Honson Pharmatech Group, MC Biotec Inc., Freshine Chem, and CSPC Pharmaceutical Group among others.
COVID-19 Impact
The impact of COVID-19 has been detrimental to the overall economies of the affected countries, impeding economic growth, the smooth operation of the financial markets, the value of foreign currencies, and interest rates. The demand for ascorbic acid among food producers decreased as a result of changes in consumer tastes and perceptions, which hurt the manufacturers’ businesses by lowering sales and profitability.
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Research Scope
Scope – Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
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Robust and transparent research methodology
Unmatched data quality and after sales service
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Plant-Based Proteins Surge in Popularity Due to Veganism and Cultural Preferences
Protein Ingredients Market size is expected to be worth around USD 134.0 billion by 2033, from USD 74.1 billion in 2023, growing at a CAGR of 6.1% during the forecast period from 2023 to 2033.
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As consumer preferences shift towards healthier eating habits, there is a growing demand for protein ingredients in products like margarine and cold cuts. This trend is driven by increased awareness of health benefits associated with protein consumption, including improved muscle repair, weight management, and energy balance.
The market is experiencing robust growth due to innovation in protein formulations by manufacturers, who are developing new protein types tailored to specific health needs. These advancements cater to a diverse range of consumer requirements, from enhancing muscle recovery to promoting satiety and weight loss.
As clean eating and health-conscious lifestyles gain popularity, the demand for functional and high-quality protein ingredients continues to rise, presenting significant opportunities for expansion within the industry.
Кеу Маrkеt Ѕеgmеntѕ
By Source
Microbe-Based Proteins
Animal/Diary Proteins
Plant Proteins
Insect Proteins
By Application
Food & Beverages
Protein Bars
Protein Beverages
Meat Alternatives
Dairy Products
Dietary Supplements
Pharmaceuticals
Animal Feed
Personal Care Products
Others
By SourceIn 2023, animal-based proteins dominated the market with over 75.4% share, crucial for liquid biopsy tests and recognized for their health benefits. Whey proteins, in particular, support nutrition and immunity, especially for chemotherapy patients. Despite the high cost, animal proteins continue to drive market growth.
Application AnalysisFood and beverages led the protein ingredients market in 2023, capturing over 40.2% of the share. Advances in technology have improved whey protein quality, driving demand for protein-rich functional foods and beverages.
Кеу Маrkеt Рlауеrѕ
DuPont
Fonterra Co-operative Group Limited
Cargill, Incorporated
ADM
Kerry Group plc
Arla Foods amba
BRF Global
International Flavors & Fragrances Inc.
Royal FrieslandCampina NV
Glanbia plc
Solae LLC
Axiom Food Inc.
Davisco Foods International, Inc.
Roquette Freres S.A.
FrieslandCampina DMV B.V
DriversPost-COVID-19, there's been a notable shift towards healthier eating, with a focus on boosting immunity through diet. As people increasingly prioritize health and wellness, the demand for protein-rich foods has surged, reflecting a global trend toward stronger immune systems and healthier lifestyles.
RestraintsGelatin, commonly derived from animal parts like bones and hides, faces restrictions in markets where dietary or religious practices oppose animal products. For example, in Muslim communities and other regions with specific dietary rules, pork-derived gelatin is unacceptable, limiting the market's expansion.
OpportunitiesThe rising interest in dairy and plant-based proteins presents significant growth opportunities. With a shift towards veganism and concerns about sustainability and animal welfare, plant proteins are gaining traction, particularly in regions with dietary restrictions or cultural preferences, such as Islamic nations and parts of India and Nepal.
ChallengesThe use of genetically modified (GM) ingredients in plant-based foods poses health and safety concerns. As regulatory bodies demand clear labeling of GM products, and consumers express worries about potential health risks and residues from weed killers, the market faces challenges related to food quality and consumer trust.
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Sustainability in the Lipid Nutrition Industry
Meticulous Research®—a leading global market research company, published a research report titled, ���Lipid Nutrition Market by Type (Omega-3, Medium Chain Triglycerides (MCT), Omega-6, Omega-9) Source (Marine, Plant), Form (Liquid, Dry), Application (Dietary Supplements, Food & Beverages, Pharmaceuticals, Animal Feed) - Global Forecast to 2030.’
In its latest report, Meticulous Research® forecasts a significant expansion of the global lipid nutrition market, predicting it will reach $24.71 billion by 2030, with a CAGR of 8.9% from 2023 to 2030. This growth trajectory is driven by the increasing prevalence of chronic diseases, an aging population, and a rising demand for infant nutrition and dietary supplements. Nonetheless, growth could be tempered by the limited supply of fish oil and regulatory uncertainties.
The market is segmented and analyzed across various dimensions including type (omega-3, medium-chain triglycerides, omega-6, long-chain triglycerides, omega-9, and others), source (marine-sourced and plant-sourced), form (liquid and dry), application (dietary supplements, pharmaceuticals, etc.), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The report includes evaluations of industry competitors and comprehensive assessments at regional and country levels.
The omega-3 segment is expected to lead the global lipid nutrition market in 2023, due to its recognized benefits in reducing the risk of cardiovascular diseases and managing rheumatoid arthritis. The plant-sourced segment is projected to achieve the highest CAGR during the forecast period, driven by increasing health consciousness, a growing vegetarian population, and abundant raw materials rich in essential lipids.
Liquid lipid nutrition is predicted to be the predominant form in 2023, due to its versatility in soft gel capsules, ease of consumption, and cost-efficiency. Within applications, dietary supplements are anticipated to hold the largest market share, driven by increasing demand from food manufacturers, a surge in product launches, and growing consumer health awareness.
North America is forecasted to lead the lipid nutrition market in 2023, supported by the presence of key industry players, a growing vegan population, substantial research and development investments in the food supplement sector, and high disposable income levels.
The global lipid nutrition market is moderately competitive, comprising a diverse mix of large enterprises and regional/local players. Major players include Koninklijke DSM N.V., Polaris Nutritional Lipids, Archer Daniels Midland Company, Stepan Company, BASF SE, Solutex GC S.L., FMC Corporation, Pharma Marine AS, Croda International Plc., Cargill, Incorporated, Aker Biomarine ASA, Clover Corporation, Omega Protein Corporation, Lonza Group AG, GC Rieber Oil AS, Kerry Group, Cellana Inc, and Nordic Naturals, Inc.
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Key Questions Answered in the Report-
What is the current value of revenue generated by the global lipid nutrition market?
At what rate is the global lipid nutrition demand projected to grow for the next 5–7 years?
What are the historical market sizes and growth rates of the global lipid nutrition market?
What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?
Which segments in terms of type, source, form, and application create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the lipid nutrition market?
Who are the major players in the global lipid nutrition market? What are their specific product offerings in this market?
What are the recent strategic developments in the global lipid nutrition market? What are the impacts of these strategic developments on the market?
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#LipidNutrition#HealthyFats#EssentialNutrients#HealthyEating#NutritionalScience#Wellness#DietAndHealth#NutritionTips#BalancedDiet#HealthAwareness#FatsForLife#NutrientRich#HealthyLiving#Wellbeing#LipidScience
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Europe Magnesium Oxide Market Share, Upcoming Trends, Size, Key Segments 2032
The Reports and Insights, a leading market research company, has recently releases report titled “Europe Magnesium Oxide Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the Europe Magnesium Oxide Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Europe Magnesium Oxide Market?
The Europe magnesium oxide market was valued at US$ 1,349.2 Million in 2023 and is expected to register a CAGR of 3.0% over the forecast period and reach US$ 1,752.7 Mn in 2032.
What are Europe Magnesium Oxide?
Magnesium Oxide in Europe encompasses the diverse applications and uses of MgO within the region. This versatile compound is integral to several industries for its thermal stability, electrical insulation properties, and refractory capabilities. It serves as a critical component in construction, ceramics, and agriculture, found in products ranging from refractory bricks to fertilizers. Moreover, magnesium oxide plays a vital role in environmental applications such as wastewater treatment and soil remediation, underscoring its multifaceted significance in both industrial processes and environmental management across Europe.
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What are the growth prospects and trends in the Europe Magnesium Oxide industry?
The Europe magnesium oxide market growth is driven by various factors and trends. The European market for magnesium oxide (MgO) is thriving, propelled by its broad applications across various industries. Renowned for its thermal resilience, electrical insulation properties, and refractory capabilities, MgO is indispensable in sectors such as construction, ceramics, agriculture, and environmental remediation. In construction, it is crucial for fire-resistant materials and cement additives, while in agriculture, it enriches soil as a magnesium source in fertilizers. Market expansion is bolstered by advancements in manufacturing technologies and growing demand for sustainable, high-performance materials throughout Europe. Hence, all these factors contribute to Europe magnesium oxide market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Typе
Caustic Calcined Magnesia (CCM)
Dead Burned Magnesia (DBM)/ Sintered Magnesia
Fused MgO
By Form
Pellets
Powder
Sputtering Targets
Tablets
Nanopowder
By Purity
85-95%
99%
By Application
Cements
Refractories
Crucibles
Heating Elements
Thermocouple Tubes
Brake Linings
Plasma Display Screens
Thin Film Semiconductors
Fuel additives
Fertilizers
Waste Water Treatment
Rubber Processing
Cattle Feed Supplement
Adhesive
Others
By End-Usе Industry
Steel
Glass & Cement
Chemical
Electricals & Electronics
Agriculture
Pharmaceutical
Plastics & Rubber
Water Treatment
Environmental
Nuclear
Others
Who are the key players operating in the industry?
The report covers the major market players including:
Linde plc
Air Liquide
Air Products and Chemicals, Inc.
Messer Group GmbH
Yara International ASA
Gasum Oy
SOL Group
RWE AG
SIAD Group
Orlen
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Choline Chloride Market - Forecast(2024 - 2030)
Choline Chloride Market Overview
Choline Chloride Market size is forecast to reach $1.1 billion by 2025, after growing at a CAGR of 5.1% during 2020-2025. Choline chloride is an organic compound. It is used in the animal feed additive. It is mainly related with the metabolism and act as methyl donor. It builds and maintains cell structure and function. It is very essential for growing animal and its feed intake helps in preventing perosis, conditions like fatty liver syndrome, etc. Apart from animal feed additive, Choline Chloride Market also finds application in human nutrition and as a clay stabilizer in oil and gas industry. One of the major factors driving growth in the Choline Chloride Market is increasing consumption of poultry meat and egg.
Report Coverage
The report: “Choline Chloride Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Choline Chloride Market Industry.
By Grade: 50%, 75%, 70%, 60%, and 98%.
By Form: Powder and Liquid.
By End-User Industry: Animal Feed, Oil & Gas, Human Nutrition, Personal Care, Pharmaceuticals and Others.
By Geography: North America, South America, Europe, APAC, and RoW
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Key Takeaways
New product developments and increasing investments in research and development of choline chloride are expected to drive the growth of this market.
Among end users, oil & gas segment is projected to lead the Choline Chloride Market during the forecast period.
Asia Pacific dominated the Choline Chloride Market.
By Grade - Segment Analysis
70% segment held a significant share in Choline Chloride Market in 2019. Choline chloride 70% is primarily available in the form of a colorless to amber colored viscous liquid or a tan colored powder with a characteristic odor containing 70% choline chloride active substance by weight. Choline chloride 70% finds widespread adoption in the oil & gas sector as an ideal substitute for potassium chloride owing to its greater performance in clay stabilization, compatibility with drilling muds and safe environmental profile. The product is also widely used as a feed additive for calves, crustaceans, fish, poultry, pigs and pet food pertaining to its ability to prevent fatty liver, improved muscle control and growth performance.
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By Form - Segment Analysis
Liquid segment held a significant share in Choline Chloride Market in 2019. Liquid choline chloride is a colorless, odorless, clear substance which is soluble in water, non-corrosive and non-toxic in nature. The product is extensive adopted in the poultry feed industry on account of its ability to enhance growth & performance, nutrient utilization, fat metabolism and improves reproductive ability in animals. The product helps prevent health disorders such as liver enlargement and leg deformity, also called perosis in chicks. Choline supplementation helps enhance weight gain in broilers and plays an essential role in the formation of egg yolk in layer chickens.
By End-User Industry - Segment Analysis
Oil & Gas segment held a significant share in Choline Chloride Market in 2019 growing at a CAGR of XX% during the forecast period. Choline chloride serves as an excellent clay stabilizer which ensures cost effectiveness and enhances production rates in the oil & gas sector. Choline chloride helps tackle various challenges which arise during oil drilling operations such as permeability reduction, fines migration and wellbore instability. The product’s biodegradable nature makes it an environment-friendly substitute for conventional clay stabilizers. Choline chloride is ideal for mixed layer, illite and smectite clay minerals & is highly compatible with conventional fracturing fluids and cross-linkers. Growing energy demand from the domestic & industrial sectors, rising exploration of natural gas resources and technological advancement should drive the oil & gas industry and stimulate the Choline Chloride Market.
Geography- Segment Analysis
Asia Pacific dominated the Choline Chloride Market with a share of more than XX%, followed by North America and Europe. This region has the largest consumer base for choline chloride, specifically China, due to the increased demand for poultry meat. Choline chloride improves the feed conversion rate and enhances weight gain in pigs. Moreover, consumers in the U.S. & Canada increasingly prefer bacon-based breakfast options over pancakes on account of rising trend to experience new products and changing palates. Rising consumer preference for Vietnamese & Korean cuisines and increasing trend of dining at fast-food restaurants is expected to drive bacon consumption and accelerate the Choline Chloride Market sales.
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Drivers – Choline Chloride Market
High Demand from Animal Feed Industry
Choline chloride is extensively consumed in the end-user segment like animal feed because of the growing demand for egg, high yield meat, etc. It is used as an essential feed additive amongst animal species, particularly chickens. It is also known as vitamin B4 and is an organic compound. Choline chloride is related to metabolism and it acts as a methyl donor. It helps in building and maintaining cell structure and functioning. It is used as a feed additive for growing poultry animals. Its benefits include prevention of perosis, a condition in animals like fatty liver syndrome, etc. In 2019, poultry meat consumption across the globe was about 128 million tons and is forecasted to reach about 135 million tons by 2025. All the aforementioned factors are expected to drive the Choline Chloride Market from the animal feed industry during the forecast period.
Challenges – Choline Chloride Market
Health Effects
Owing to hazardous effects related to human health such as vomiting, diarrhea, gastro intestinal distress and inhalation problems etc. during its preparation, the use of Choline Chloride has been regulated and restrained by health and safety management authorities for end user applications. Furthermore, fluctuation in raw material costs is another key factor which is expected to act as an impediment for the growth of Choline Chloride Market over the forecast period. Moreover, lack of consumer awareness about the nutritional value of choline is expected to slow down the growth of choline chloride.
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Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Choline Chloride Market. In 2019, the market of choline chloride has been consolidated by the top five players accounting for xx% of the share. Major players in the Choline Chloride Market are Balchem Corporation, Taminco, BASF SE, Algry Química, Havay Chemical Company, NB Group Co., Ltd, and Jubilant Life Science among others.
Product Launch/ Partnership
In October 2019, global food & feed ingredient manufacturer Kemin Industries launched a new product range CholiGEM which caters to the health & nutrition requirements of ruminants. This is an innovative feed ingredient which offers a greater concentration of choline chloride as compared to conventional animal feed products. This product launch provides a competitive advantage to Kemin Industries and allows it to meet growing demand for animal feed additives for improved liver function.
In November 2017, global chemicals manufacturer BASF entered into a strategic partnership with Indian pharmaceuticals company Vital Therapeutics. This partnership entails the launch of a new choline chloride product Vitachol which caters to poultry feed manufacturers in India and South Asia.
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Liquid Feed Market: Efficiency and Convenience Propel Growth
The technological advancements in feed manufacturing and increasing efficiency and convenience in livestock management is expected to drive the Global Liquid Feed Market growth in the forecast period.
According to TechSci Research report, “Liquid Feed Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Liquid Feed Market stood at USD 54.20 billion in 2022 and is anticipated to grow with a CAGR of 5.56% in the forecast period, 2024-2028. The awareness among individuals regarding Liquid Feed has led to favorable market conditions for the global Liquid Feed market. Several factors contribute to the growth of various vitamin supplement products.
The growing global population and increasing disposable incomes have led to a rising demand for high-quality animal products such as meat, dairy, and eggs. Liquid feed plays a crucial role in enhancing the nutritional content of animal diets, leading to improved growth rates, higher milk yields, and better meat quality. As consumers become more conscious of the quality of animal products they consume, the use of liquid feed as a nutritional supplement becomes increasingly important for farmers and livestock producers.
Liquid feed offers a convenient and efficient way to deliver nutrition to livestock. It allows for precise control over the composition of animal diets, ensuring that they receive the necessary nutrients for optimal growth and performance. The liquid form facilitates easier handling, mixing, and distribution, saving time and resources for farmers. The convenience of liquid feed promotes its adoption, especially in large-scale livestock operations, where efficient management practices are crucial for productivity, which will further fuel market growth.
In November 2023, BASF launches a new readily biodegradable anti-redeposition polymer, BVERDE GP 790 L. This new polymer is designed to meet the growing demand for sustainable products without compromising on performance.
Ongoing technological advancements in feed manufacturing processes contribute significantly to the growth of the liquid feed market. Innovations in formulation, production, and delivery systems enhance the nutritional value of liquid feeds and make them more cost-effective. Automation and precision in the manufacturing process allow for the customization of liquid feed formulations to meet specific nutritional requirements for different animal species and production goals. This adaptability and technological progress drive increased acceptance and utilization of liquid feeds in the global livestock industry.
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In today's fast-paced world, Liquid feed allows for precise control over the nutritional content of animal diets. In a rapidly evolving agricultural landscape, where efficiency is paramount, liquid feed provides a means to deliver specific nutrients in optimal proportions. This precision contributes to faster and more efficient growth rates, improved feed conversion, and overall enhanced animal performance. The agricultural sector is undergoing transformations with changing production systems, including shifts toward precision farming and sustainable practices. Liquid feed is adaptable to these changes, offering flexibility in formulation and delivery. It can be easily integrated into automated feeding systems and adjusted to meet the evolving requirements of different production models, contributing to efficiency in rapidly changing agricultural environments.
In the fast-paced world of agriculture, technology plays a pivotal role. Liquid feed can be integrated into data-driven solutions and precision farming technologies. This integration allows for real-time monitoring of animal health, performance, and nutritional needs. Farmers can leverage technology to optimize feeding strategies, leading to improved efficiency and faster decision-making in livestock management. Liquid feed aligns with the global trend towards sustainable and resource-efficient agriculture. In a fast-paced world where environmental concerns are prominent, liquid feed offers a solution to optimize resource utilization. It minimizes feed waste, reduces the environmental impact of livestock production, and contributes to responsible farming practices in the face of increasing pressure for sustainable food production.
There is a growing awareness and emphasis on animal health and welfare in modern livestock production systems. Liquid feeds can be designed to include additives and supplements that promote animal health, enhance immunity, and mitigate stress. As consumers and regulatory bodies prioritize ethical and sustainable farming practices, the use of liquid feeds that contribute to animal well-being becomes a key driver. Farmers and producers are increasingly adopting liquid feed solutions to not only improve production efficiency but also align with evolving standards for responsible and humane livestock management.
In recent times, Liquid feed allows for precise control over the nutritional composition of animal diets. This precision nutrition is crucial in recent times as farmers seek to optimize animal health, growth rates, and overall performance. By customizing liquid feed formulations based on specific nutritional requirements, producers can ensure that animals receive the right balance of nutrients, contributing to efficient and sustainable livestock production. Recent times have witnessed a heightened focus on sustainability and environmental responsibility in agriculture. Liquid feed offers several advantages in this context. It minimizes feed waste, reduces the environmental impact of livestock production, and supports resource efficiency.
As the agricultural industry grapples with the need for more sustainable practices, liquid feed emerges as a solution that aligns with these contemporary environmental concerns. In the fast-paced and technology-driven landscape of modern agriculture, the ease of handling and the compatibility with automation are key advantages of liquid feed. Modern farms are increasingly adopting automated feeding systems, and liquid feed's liquid form facilitates precise dispensing, reducing labor requirements and streamlining feeding operations. This efficiency is especially valuable in recent times, where farms are looking to enhance productivity and operational effectiveness. However, the cost factors and affordability may hinder market growth. Moreover, challenges related to storage and shelf life challenges may pose obstacles to the vitamins market in the near future.
The Global Liquid Feed Market is segmented into type, ingredients, animal type, regional distribution, and company.
Based on its type, the Protein segment has emerged as the predominant market leader, This is due to the increasing demand for animal protein, which is driving the demand for protein s in animal feed. The growing demand for animal protein is being driven by a number of factors, including Rising disposable incomes, Increasing urbanization, Changing lifestyles.
The proteins segment is expected to remain the dominant segment of the global liquid feed market over the next decade. This is due to the continued growth in demand for animal protein and the increasing demand for protein s in animal feed. These factors are expected to drive the growth of this segment.
Based on region, Asia-Pacific segment is expected to grow during the forecast period. Rapidly growing population in the region, leading to increased demand for animal protein, Rising disposable incomes, enabling consumers to spend more on animal-based products, Growing emphasis on animal nutrition and efficient feed utilization. Within Asia Pacific, China is the largest market for liquid feed, followed by India and Indonesia. These countries are experiencing significant growth in their livestock industries, fueled by the factors mentioned above.
The Europe market is poised to be the fastest-growing market, offering lucrative growth opportunities for Liquid Feed players during the forecast period. Factors such as Increasing demand for organic and sustainably produced animal feed, Growing focus on animal welfare and improving animal health through nutrition, Stricter regulations on the use of antibiotics and other growth promoters in animal feed. These factors are driving the demand for alternative feed additives, such as probiotics and prebiotics, which are often delivered in liquid form. Additionally, the growing popularity of organic and sustainably produced animal feed is creating opportunities for the development of innovative liquid feed formulations using organic ingredients.
Major companies operating in Global Liquid Feed Market are:
Archer Daniels Midland Company
BASF SE
Bundaberg Molasses
Alliance Liquid Feeds Inc.
Cargill Incorporated
Dallas Keith Ltd
GrainCorp Limited
Land O'lakes Inc.
Ridley Corporation
Masterfeeds LP
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“The technological advancements in feed manufacturing and increasing efficiency and convenience in livestock management are key drivers of the liquid feed market. In recent years, the increasing emphasis on animal health and welfare represents a significant market driver. Liquid feed formulations can be tailored to support stress reduction, disease prevention, and overall well-being in animals.
Moreover, the growing consumer emphasis on preventative agricultural products has enhanced production and marketing efforts. To meet the demands of the market, manufacturers are increasingly incorporating cutting-edge technologies with high production efficiency. Rising consumer acceptance and continuous product innovation will further ensure the growth of the liquid feed market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Liquid Feed Market – Global Industry Size, Share, Trends, Opportunity, & Forecast 2018-2028 Segmented By Type (Proteins, Minerals, Vitamins, Others), By Ingredients (Molasses, Corn, Urea, Others), By Animal Type (Ruminants, Poultry, Swine, Aquaculture, Others), By Region, Competition”, has evaluated the future growth potential of Global Liquid Feed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Liquid Feed Market.
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Meticulous Research® Unveils Latest Insights on Global Plant Extracts Market, Projected to Reach $63.26 Billion by 2031
Growing Demand for Natural Products and Herbal Supplements Fuels Market Growth
Meticulous Research®, a leading provider of global market intelligence, has released a new comprehensive report titled, "Plant Extracts Market Size, Share, Forecast, & Trends Analysis by Product (Essential Oils, Oleoresins, Flavonoids, Carotenoids), Form (Liquid), Source (Herbs & Spices, Fruits & Vegetables), Application (Food & Beverages, Cosmetics) - Global Forecast to 2031." This report provides an in-depth analysis of the plant extracts market, which is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 8.7% from 2024 to 2031, reaching a market size of $63.26 billion by 2031.
1 Market Drivers and Opportunities
The global plant extracts market is witnessing significant growth, driven by increased consumer awareness of the benefits of natural products, heightened demand for natural colors and flavors, and a surge in the popularity of herbal supplements. Consumers are increasingly seeking clean-label and health-conscious products, which is fueling the demand for plant-based ingredients across various industries.
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However, market growth may be moderated by challenges such as the availability of lower-cost substitutes and fluctuating raw material prices. Nonetheless, the expanding demand for cosmetics and the rising use of oleoresins in animal feed present substantial opportunities for industry participants. The market is also experiencing two key trends: the increasing prevalence of clean-label products and a growing focus on health and wellness.
2 Market Segmentation
The plant extracts market is segmented into several categories:
By Product Type: Key product segments include essential oils, oleoresins, flavonoids, alkaloids, carotenoids, and others. In 2024, the essential oils segment is expected to account for over 44.9% of the market. Essential oils are gaining prominence due to their wide use in industries such as food & beverages, cosmetics, and personal care, as well as their recognized health benefits, including antifungal, antibacterial, and wound-healing properties.
By Form: The market is divided into liquid and dry plant extracts. The liquid plant extracts segment is forecasted to lead the market in 2024, thanks to its versatility and ease of incorporation into various products. Liquid extracts are especially favored in cosmetics, personal care, food, and beverage industries for their ability to enhance product homogeneity and simplify dosing.
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By Source: The market is categorized by source into herbs & spices, fruits & vegetables, and flowers. Herbs & spices are expected to dominate with over 53.2% of the market in 2024, driven by their increasing use in Ayurveda, cosmetics, personal care, and the food & beverage industry. The therapeutic properties of herbs & spices, such as antioxidant and anti-inflammatory effects, are also contributing to their growing popularity.
By Application: Key application areas for plant extracts include food & beverages, cosmetics & personal care, pharmaceuticals & nutraceuticals, animal feed, and others. The food & beverages segment is expected to capture 44.9% of the market in 2024, driven by the growing demand for natural ingredients, such as plant-based antioxidants and flavoring agents, that extend shelf life and enhance product quality.
3 Geographic Insights
The report provides a detailed analysis of key geographical regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, the Asia-Pacific region is projected to account for over 35.7% of the global market, with an estimated value of $12.62 billion. The region's growth is supported by rising disposable incomes, changing consumer lifestyles, increased demand for processed foods, and a growing preference for herbal supplements. Additionally, the abundant supply of raw materials and a robust local food and beverage production industry are further boosting market growth in the region.
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4 Key Market Players
The global plant extracts market is moderately competitive, with a mix of large multinational companies and smaller regional players. Some of the prominent companies in the market include:
Arjuna Natural Extracts Ltd. (India)
Döhler GmbH (Germany)
Givaudan SA (Switzerland)
International Flavors & Fragrances Inc (U.S.)
Synthite Industries Ltd (India)
Sensient Technologies Corporation (U.S.)
Symrise AG (Germany)
Synergy Flavors Inc. (U.S.)
doTERRA International, LLC (U.S.)
ROBERTET SA (France)
These key players are focused on strategic initiatives such as product development, mergers, and acquisitions to strengthen their market position and cater to the growing demand for natural plant-based ingredients. Quick Buy : https://www.meticulousresearch.com/Checkout/14823546
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Phytonutrients Market Size, Share, Trends, Key Drivers, Growth Opportunities and Competitive Outlook
Global Phytonutrients Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
Phytonutrients Market report provides top to bottom assessment of the market with respect to income and developing business sector. The report encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. The industry analysis report is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. Phytonutrients Market business report also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.
Phytonutrients Market, By Type (Flavonoids, Carotenoids, Polyphenols, Alkaloids, Phytosterols, Vitamins, Monoterpenes, Resveratrol, Phytoestrogens, Isothiocyanates, Allyl Sulfides, Glucosinolates, Lignans, Betalains, and Others), Function (Immune System, Vision, Skin Health, Bone Health, Cardiovascular Health, Anti-Cancer, Lung Health, Blood Vessel Health, Woman Health, Anti-Cholesterol, and Others), Source (Spice, Herb, Flower, Tea, Fruit, Vegetables, Cereals, Legumes, Oilseeds, Marine Plant Extracts), Form (Liquid, Dry), Category (Organic, Conventional), Nature (Blended, Pure), Application (Food Products, Beverages, Nutraceuticals, and Dietary Supplements, Cosmetics and Personal Care, Animal Feed, Pharmaceuticals, Others) Industry Trends and Forecast to 2029.
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Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Phytonutrients Market
Chapter 3: Regional analysis of the Global Phytonutrients Market industry
Chapter 4: Phytonutrients Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key takeaways from the Phytonutrients Market report:
Detailed considerate of Phytonutrients Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
Comprehensive valuation of all prospects and threat in the
In depth study of industry strategies for growth of the Phytonutrients Market-leading players.
Phytonutrients Market latest innovations and major procedures.
Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
Conclusive study about the growth conspiracy of Phytonutrients Market for forthcoming years.
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, GCCVsRegional and Vendor Share Analysis. Please request an analyst call in case of further inquiry.
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Vitamin and Mineral Premixes Market Dynamics, Growth Factors, and Outlook until 2027
The vitamin and mineral premixes market size is estimated to be valued at USD 7.2 billion in 2022. It is projected to reach USD 9.8 billion by 2027, at a CAGR of 6.4%, in terms of value, between 2022 and 2027. Vitamin & mineral premixes have become crucial ingredients in pet food. They are used to enhance pet food's nutritional content and meet its nutritional requirements. In addition, with the advent of the pandemic, consumers across the globe have become more conscious about their health and have started taking several nutritional supplements. These trends are anticipated to boost the demand for vitamin & mineral premixes over the forecast period.
Vitamin & Mineral Premixes Market Drivers: Growth in compound feed consumption
According to the FAO Food Outlook, global meat production was estimated to be 311.8 million tonnes in 2014, with a year-on-year growth of 1.1%, due to increased meat consumption. To meet the increasing demand for meat products and as a control measure to reduce transportation and management costs, farmers opted to utilize complete feeds to prepare animal feeds. The rise in the prices of feed ingredients, such as wheat, corn, and soybean, has increased the operational costs of farm activities for livestock farmers. Also, the increased consumption of compound feeds for farm animals' growth and development has enabled feed premixes' growth. On-farm feeds using vitamin and mineral premixes are prepared by farmers to provide balanced feed to animals. The usage of feed premixes has also been prompted by the widening quality norms for exported livestock products and increasing awareness among consumers of healthy foods.
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By type, vitamin & mineral combination segment expected to achieve fastest growth during forecast period.
The popularity of vitamin & mineral premixes, compared to individually manufactured vitamin premixes and mineral premixes, can be attributed to the increased consumer preference for blends of different functional ingredients to attain optimum health. Also, one of the factors fueling the growth of this market is the occurrences/prevalence of vitamin & mineral deficiencies and anemia in developing countries. Leading manufacturers are tapping this opportunity and addressing malnutrition by introducing vitamin and mineral premixes blends for various applications.
By form, dry form expected to account for largest share during forecast period.
Vitamin & mineral premixes are widely used in the powdered form, as they are more stable than the liquid form. The convenient packaging of powdered premixes reduces complexities in supply chain processes, resulting in the increased popularity of this form. Powdered premixes are used across an extensive range of feed and food applications, such as low-fat milk powders, bakery products, health drink powders, soup mixes, and dessert mixes. Vitamin & mineral premixes are used by pharmaceutical and personal care companies in their powder form to manufacture tablets, capsules, toothpaste, face powders, lipsticks, and creams.
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North America expected to be largest market for vitamin & mineral premixes market during forecast period
Based on region, North America is expected to be the largest market for vitamin & mineral premixes during the forecast period. The North American market is largely driven by the increase in demand for healthy foods and functional foods & beverages, owing to the low level of exposure to essential nutrients caused by high consumption of processed & convenience foods due to their busy lifestyles. The rise in the incidences of obesity, heart diseases, and other health issues has led to the demand for high-nutrition dietary products. Vitamin & mineral premixes have been finding their way into new product applications, such as cereal-based products, dairy products, nutritional foods, beverages, infant formulas, and dietary supplements.
Vitamin & Mineral Premixes Market Share:
Key players in this market include DSM (Netherlands), Corbion (Netherlands), Glanbia plc (Ireland), Vitablend Nederland BV (Netherlands), SternVitamin GmbH & Co. KG (Germany), Wright Enrichment Inc. (US), Zagro (Singapore), Nutreco (Netherlands), Farbest-Tallman Foods Corporation (US), Burkmann Industries, Inc. (US), Bar – Magen LTD (Israel), BASF SE (Germany), ADM (US), Innov Ad NV/SA (Belgium), Jubilant Ingrevia Limited (India), IDENA (France), Spansules Pharmatech Pvt. Ltd. (India), Amesi Group (South Africa), SA Premix (South Africa), YesSinergy (Brazil), Phibro Animal Health Corporation (US), DLG (Denmark), Gk Biochemical Corporation (India), Advanced Animal Nutrition Pty Ltd. (Australia), and Credence Remedies Pvt. Ltd. (India).
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Spray Drying Equipment Industry Will Hit Big Revenues In Future
Spray drying is a technique used in various industries to convert liquid or slurry feed into a dried powder form. This process is widely employed in the food and beverage, pharmaceutical, chemical, and other industries. The market for spray drying equipment is driven by the growing demand for processed and convenience foods, as well as the need for efficient drying solutions in pharmaceutical and chemical applications.
The spray drying equipment market size is on the path to steady expansion, with a predicted CAGR of 5.9% in the next few years, propelling its market size to an impressive US$ 6.8 billion by 2027 from an estimated value of US$ 5.1 billion in 2022.This growth is driven by the increasing demand for processed food products and the rise in adoption of spray drying techniques in various industries, such as food, pharmaceuticals, and chemicals. With spray drying offering benefits like longer shelf life, reduced transportation costs, and enhanced product quality, this technology is gaining popularity among manufacturers worldwide. As a result, the market for spray drying equipment is poised to experience significant expansion in the coming years, providing opportunities for players in the industry to innovate and meet the demands of a growing market.
Key factors influencing the spray drying equipment market include:
Food and Beverage Industry Growth: The increasing demand for processed and convenience foods, along with the expansion of the food and beverage industry globally, has driven the demand for spray drying equipment.
Pharmaceutical Industry Applications: Spray drying is widely used in the pharmaceutical industry for the production of powders, granules, and other formulations. The growth of the pharmaceutical sector contributes to the demand for spray drying equipment.
Technological Advancements: Ongoing advancements in spray drying technology, such as improvements in efficiency, energy consumption, and the ability to handle a variety of feed materials, can impact the market dynamics.
Regulatory Environment: Compliance with regulatory standards in the food and pharmaceutical industries is crucial. Changes in regulations may affect the adoption of spray drying equipment, especially in industries with stringent quality and safety requirements.
Emerging Markets: The market may be influenced by economic developments and industrialization in emerging markets, where there is an increasing need for advanced drying solutions.
Environmental Concerns: Sustainability and environmental considerations can drive the development of more energy-efficient and environmentally friendly spray drying equipment.
Competitive Landscape: The presence of key players, technological competition, and market consolidation can influence the dynamics of the spray drying equipment market.
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Market Drivers: The growing consumption of processed foods and powdered supplements
The changes in consumer lifestyles over the last decade as a result of rapid urbanization have resulted in a high demand for processed and ready-to-eat food products. Consumers' busy lifestyles have been exacerbated by an increase in dual-income levels, living standards, and the demand for convenience have led to the increased consumption of processed food.
As a result, processed food manufacturers are turning to spray-drying technologies for products such as maltodextrin, which acts as a food additive in confectioneries and is widely used in sports and wellness products. The significant increase in demand for maltodextrin has resulted in an increase in the use of spray dryers among food additive manufacturers, which has positively impacted the spray drying equipment market.
Dedert successfully commissioned its latest Spray Drying and Evaporation plant for plant-based protein in June 2022. Dedert provided the specialty protein developed for its solubility functionality by EverGrain (by AB InBev). EverGrain's new protein production facility on AB InBev's St. Louis brewery campus was completed to upcycle grains saved during the brewing process into delicious, nutritious, and environmentally friendly ingredients. These barley-based ingredients can be found in a wide range of foods and beverages.
Top players analyzed:
GEA Group (Germany), SPX Flow (US), Shandong Tianli Drying Technology and Equipment (China), Büchi Labortechnik (Switzerland), European Spraydry Technologies (UK), Dedert Corporation (US), Changzhou Lemar Drying Engineering (China), Acmefil Engineering Systems Pvt. Ltd (India), New AVM Systech (India), Advanced Drying Systems (India), Labplant (UK), Swenson Technology, Inc. (US), Yamato Scientific America (US), Tetra Pak International S.A (Switzerland), G Larsson Starch Technology Ab (Sweden).
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Key Questions Addressed:
What are the major revenue pockets in the spray drying equipment market currently?
China and Japan accounted for a major market share in the Asia Pacific region. The growth potential of the infant formula and baby food markets in countries such as China, Japan, and India have resulted in an increase in demand for spray drying equipment. In recent years, the Asia Pacific food encapsulation market has grown significantly. Encapsulation is used in food, dietary supplements, functional food, and other products. The rise in consumer demand for nutritional products is attributed to the markets expansion. As the spray drying process is widely used in food encapsulation techniques, the Asia Pacific spray drying equipment market is expected to expand.
What is the primary purpose of using dry powder sprayers?
Dry powder sprayers are devices used to apply dry powder coatings onto surfaces. These coatings can serve various purposes, including providing a protective layer, enhancing aesthetics, or altering the surface properties of the material.
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Chlorella Market Size and Share by 2028
The global chlorella market is expected to grow at a CAGR of 6.3% from 2022 to 2028, reaching a value of US$ 412.3 million by 2028. The growth of the chlorella market is attributed to a number of factors.
Chlorella is a single-celled green algae that is a nutrient-rich superfood. It is a good source of protein, vitamins, minerals, and antioxidants. Chlorella is also known to have detoxification and immune-boosting properties.
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The chlorella market is expected to grow at a significant rate in the coming years, driven by a number of factors, including:
Increasing awareness of the health benefits of chlorella
Growing demand for plant-based protein sources
Rising trend of veganism and vegetarianism
Expanding use of chlorella in food and beverage products
Chlorella is currently used in a variety of products, including dietary supplements, food and beverage products, cosmetics, and animal feed. The most common form of chlorella is powder, but it is also available in tablets, capsules, and liquid extracts.
North America is currently the largest market for chlorella, followed by Europe and Asia Pacific. Asia Pacific is expected to be the fastest-growing market for chlorella in the coming years, driven by increasing awareness of the health benefits of chlorella and rising disposable incomes.
Chlorella Market Key Takeaways:
The global chlorella market is expected to grow at a CAGR of 6.3% from 2022 to 2028, reaching a value of US$ 412.3 million by 2028.
The growth of the market is attributed to factors such as the increasing awareness of the health benefits of chlorella, the growing demand for plant-based protein, and the rising popularity of vegetarian and vegan diets.
The nutraceutical segment is expected to account for the largest share of the market during the forecast period, followed by the food and beverage and animal feed segments.
North America is expected to remain the largest market for chlorella, followed by the Asia Pacific region.
Key Players:
Sun Chlorella Corporation
Parry Nutraceuticals
Cyanotech Corporation
JX Nippon Oil & Energy Corporation
E.I.D. Parry India Limited
Algatech Ltd.
Taiyo Kagaku Co., Ltd.
Hebei Jintong Pharmaceutical Co., Ltd.
Binzhou Jereh Group Co., Ltd.
Shandong Tiancheng Group Co., Ltd.
Zhejiang Aonong Biotechnology Co., Ltd.
Chlorella Market Segmentation:
By Technology:
Open Pond
Closed Photobioreactor
By Product Type:
Extract
Powder
Capsule
Tablet
By Source:
Chlorella Vulgaris
Chlorella Pyrenoidosa
Chlorella Sorokiniana
By Application:
Nutraceutical
Food and Beverage
Animal Feed
By Distribution Channel:
Online
Offline
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Fish Silage Market Informative Data: Trends, Challenges & Drivers 2023 to 2033
The global fish silage market is anticipated to reach a market valuation of US$ 780.9 million in 2023. Over the forecast period (2023 to 2033), global fish silage demand is estimated to grow at 10.2% CAGR. By 2033, the total market is projected to reach a US$ 2,065.0 million valuation.
Fish silage is vital because it is a versatile feedstuff, cost-effective, simple to process, long-term storage life, along with an environmentally sound way of disposing of fish waste.
Despite the fact that the production and usage of fish silage have been commercialized in Scandinavia, many efforts have been made in Canada, primarily due to economic pressures, rigorous environmental rules, and the need for protein sources.
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More specifically, the production of fish silage is an appealing alternative for small processors for whom fish meal manufacturing is too expensive and raw material supply is insufficient or sporadic.
In small remote fishing ports where the supply of fish waste is limited, a fish meal factory is not economically feasible nonetheless, fish silage is an alternative feasible option for manufacturing value-added products.
Fish silage, like fish meal, is mostly used in animal feed. Fish meal has 65% protein, whereas fish silage contains just about 15%. Fish meals, on the other hand, can be supplemented with fish silage at various amounts to minimize feed costs. Silage appears to be more practicable in pig farms, where it may be applied directly as a liquid.
Aside from the pig industry, hens and cows fed silage yielded good results such as tainted milk and butter and high egg production. By isolating the oil phase and evaporating the moisture, silage can be utilized as a protein concentrate. Concentrated silage is preferable to regular silage because it has a higher nutritional value.
Key Takeaways from the Fish Silage Report:
The Fish silage market is expected to be valued at US$ 780.9 million by 2023.
Global demand for fish silage is likely to soar at 2% CAGR over the forecast period.
Based on Type, demand for Wet type is expected to continue as it is holding a market share of 0% to reach a market valuation of US$ 1,837.8 million by the end of 2033.
According to FMI analysis, the liquid segment is predicted to attain a market share of 0% during the assessment period, resulting in a market size of US$ 1,610.7 million by 2033.
According to FMI, there is an increasing application of fish silage in aquaculture feed and it is estimated to hold a market share of 0% and is anticipated to reach a market valuation of US$ 1,156.4 million by the end of 2033.
“The Fish silage market is expected to expand due to rising consumer preference for sustainable agricultural practices along with alternative animal feed sources presenting an opportunity to Manufacturers to Innovate More– says a lead analyst at Future Market Insights (FMI)
Who is Winning?
BioMar Group, Calysta, Inc., Biomega AS, Alltech Coppens, Skretting, Nutreco N.V., Ridley Corporation Limited, Archer Daniels Midland Company, Cargill, Inc., Dibaq A.S. and others (on additional request) are key fish silage manufacturers listed in the report.
These companies are expanding product portfolios, employing strategies like advertising, partnerships, acquisitions, agreements, and mergers to maintain market relevance and drive growth in the fish silage market.
For instance,
In November 2021, the Caribbean Agricultural Research and Development Institute (CARDI) and The United Nations Food and Agriculture Organisation (FAO) recently collaborated to offer a virtual Fish Silage for Animal Feed Seminar for stakeholders and 25 participants.
In July 2019, Argentina’s government recently hosted a workshop with the St. Kitts and Food and Agriculture Organisation (FAO) and Nevis Marine Resources Division. The project’s goal is to convert unused fish parts into safe and nutritious products for cattle consumption and fertilizer. The idea creates jobs while also assisting in ensuring food security and lowering the food import expense.
In March 2021, Iran intends to create three new fish silage production firms in the Iranian year (March 21, 2021 to March 20, 2022), according to Deputy Chairman of Iran Fisheries Organisation Isa Golshahi, according to Trend, quoting the Ministry of Agriculture Jihad.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global fish silage market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study incorporates compelling insights on the fish silage market based on Fish Type (Tuna, Salmon, Sardine, Mackerel, and Others), Type (Dry Silage and Wet Silage), Form (Powder, Liquid, and Pellet) Application (Aquaculture Feed, Pet Food, Agriculture Feed, and Others), across various regions.
Fish Silage Market by Category
By Type:
Dry Silage
Wet Silage
By Fish Type:
Salmon
Tuna
Sardine
Mackerel
Others
By Application:
Aquaculture Feed
Pet Food
Agriculture Feed
Others
By Form:
Pellets
Powder
Liquid
By Region:
North America
Europe
Latin America
East Asia
Oceania
South Asia
Middle East & Africa
About the Food & Beverage Division at Future Market Insights (FMI)
FMI’s Food & Beverage team offers comprehensive business intelligence services, with a vast array of reports and data points analyzed across 50+ countries over a decade. The team provides consulting services and end-to-end research, offering expert analysis, actionable insights, and strategic recommendations to clients worldwide. Contact them to explore how they can assist with your unique business intelligence needs.
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