#Rice Milk Market Trends
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ravinderimarc · 1 day ago
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The global rice milk market size reached USD 768.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,556.0 Million by 2033, exhibiting a growth rate (CAGR) of 7.75% during 2025-2033. The increasing number of individuals with lactose intolerance or dairy allergies, rise of veganism and plant-based diets, increasing health consciousness among individuals, and the easy availability and accessibility of the product are some of the major factors propelling the market.
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psychicsheeparcade · 4 months ago
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Lactose Intolerance Market Growth, Opportunities and Industry Forecast Report 2034
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Lactose intolerance is a digestive disorder where individuals cannot digest lactose, a sugar found in milk and dairy products. This has led to a significant demand for lactose-free products, including dairy alternatives and enzyme supplements, creating a thriving market. The lactose intolerance market is expected to see strong growth in the coming years, driven by rising lactose intolerance cases, particularly in Asia-Pacific, where a large percentage of the population is affected.
The  lactose intolerance Market related products, including lactose-free foods, beverages, and lactase supplements, has witnessed strong growth. The global lactose-free market was valued at around USD 12 billion in 2022 and is projected to reach USD 18-20 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 6-7%. The rising consumer awareness about the digestive issues associated with lactose intolerance is a key factor driving this growth.
Get a Sample Copy of Report, Click Here: https://wemarketresearch.com/reports/request-free-sample-pdf/global-lactose-intolerance-market/1521
Lactose Intolerance Market Drivers
Several factors are driving the growth of the lactose intolerance market:
Increasing Prevalence: Studies indicate that over 65% of the global population has some degree of lactose intolerance, leading to higher demand for solutions.
Rising Health Awareness: As more consumers seek to avoid gastrointestinal discomfort associated with lactose consumption, awareness campaigns and medical advice have led to a surge in demand for lactose-free products.
Dairy Alternatives: Growing interest in plant-based diets is pushing demand for lactose-free dairy alternatives like almond, soy, oat, and coconut milk. Veganism is another contributing factor here.
Product Innovations: Manufacturers are developing lactose-free dairy products, including milk, cheese, and yogurt, as well as supplements like lactase enzymes.
Lactose Intolerance Market Trends
Consumer Preference Shift: There has been a notable shift toward plant-based alternatives and lactose-free products as consumers seek more sustainable and healthy choices.
Fortification of Dairy Alternatives: Companies are fortifying plant-based products with nutrients like calcium, vitamin D, and protein to match the nutritional profile of traditional dairy.
Online Retail Growth: The rise of e-commerce platforms has made lactose-free products more accessible, increasing consumer convenience and fueling market growth.
Lactose Intolerance Market Challenges
Product Cost: Lactose-free products are often more expensive than their traditional counterparts, which can limit their appeal to cost-sensitive consumers.
Taste and Texture: Some consumers may still prefer the taste and texture of regular dairy products, which can make transitioning to lactose-free or plant-based alternatives challenging.
Lactose Intolerance Market Regional Analysis
North America and Europe are leading markets for lactose-free products, driven by well-established dairy industries and rising lactose intolerance awareness. The U.S. and Germany are key markets in these regions.
The Asia-Pacific region is expected to witness the highest growth, fueled by the high prevalence of lactose intolerance, particularly in countries like China, India, and Japan. The region’s large population, combined with increased disposable income and growing awareness of lactose intolerance, is propelling the market forward.
Lactose Intolerance Market Segmentation,
Product Type:
Lactose-Free Dairy Products: Milk, cheese, yogurt, ice cream.
Dairy Alternatives: Soy milk, almond milk, rice milk, oat milk.
Distribution Channel:
Supermarkets and Hypermarkets
Online Stores
Specialty Stores
Convenience Stores
Key companies profiled in this research study are,
Nestlé S.A.
Danone S.A.
The Coca-Cola Company (Fairlife)
Johnson & Johnson (Lactaid)
General Mills, Inc.
Valio Ltd.
Arla Foods amba
Dean Foods Company
Parmalat S.p.A.
Saputo Inc.
Conclusion
The Lactose Intolerance Market is poised for sustained growth, driven by increasing global awareness of lactose intolerance and the rising demand for lactose-free and dairy alternative products. As more individuals seek health-conscious, digestive-friendly, and sustainable options, the market for lactose-free dairy, plant-based alternatives, and lactase supplements will continue to expand. However, challenges such as product cost and taste preferences need to be addressed through innovation. With major industry players focusing on product development and fortification, the future of the lactose intolerance market appears promising, offering both consumers and businesses a wide range of opportunities.
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credenceresearchdotblog · 12 days ago
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The Plant-Based Protein Beverages Market is projected to grow from USD 1080.3million in 2024 to an estimated USD 2332.61million by 2032, with a compound annual growth rate (CAGR) of 10.1% from 2024 to 2032.In recent years, the global food and beverage industry has witnessed a seismic shift toward healthier and more sustainable options. Among these trends, plant-based protein beverages have emerged as a dynamic and fast-growing category, appealing to consumers seeking nutritious, eco-friendly, and ethical alternatives to traditional dairy and animal-based protein drinks. With increasing consumer awareness about health, wellness, and environmental sustainability, the plant-based protein beverages market is poised for remarkable growth in the coming years.
Browse the full report at https://www.credenceresearch.com/report/plant-based-protein-beverages-market
Market Overview
Plant-based protein beverages are drinks made from plant-derived protein sources such as soy, almond, oat, pea, hemp, rice, and coconut. These beverages are marketed as functional and convenient options for individuals looking to supplement their protein intake without relying on animal products. The market encompasses a wide array of products, including protein shakes, smoothies, ready-to-drink (RTD) options, and fortified non-dairy milk.
The global market for plant-based protein beverages was valued at approximately USD 9.6 billion in 2022 and is projected to reach USD 15.8 billion by 2028, growing at a compound annual growth rate (CAGR) of over 8% during the forecast period. This impressive growth is driven by factors such as rising veganism, increasing lactose intolerance among consumers, and the surging demand for clean-label and organic products.
Key Market Drivers
Rising Health Consciousness: The increasing awareness of the health benefits of plant-based diets is a significant driver for the market. Plant-based protein beverages are often low in saturated fat, free from cholesterol, and rich in essential nutrients, making them attractive to health-conscious consumers.
Environmental Sustainability: Compared to animal-based protein production, plant-based alternatives have a lower environmental footprint, requiring fewer natural resources and producing fewer greenhouse gas emissions. As concerns over climate change grow, consumers are gravitating toward sustainable choices, fueling market growth.
Dietary Preferences and Allergies: With a growing prevalence of lactose intolerance and milk allergies, plant-based protein beverages provide a viable alternative for individuals seeking dairy-free options. Additionally, the rise of flexitarian and vegan diets has expanded the consumer base.
Innovations and Product Development: Manufacturers are investing heavily in research and development to improve the taste, texture, and nutritional profile of plant-based protein beverages. Innovations such as protein blends, fortified drinks with added vitamins and minerals, and new flavors are enhancing consumer appeal.
Challenges in the Market
While the growth prospects are promising, the plant-based protein beverages market faces certain challenges:
Taste and Texture: Some consumers still perceive plant-based protein beverages as having an off-putting taste or chalky texture. Overcoming this perception remains a priority for manufacturers.
Price Sensitivity: Plant-based protein beverages are often priced higher than their traditional counterparts, which can deter price-sensitive consumers.
Competition from Dairy and Animal-Based Proteins: Traditional dairy-based protein drinks and whey protein products continue to dominate the market, posing stiff competition to plant-based alternatives.
Future Outlook
The future of the plant-based protein beverages market looks exceptionally bright. Trends such as personalized nutrition, clean-label products, and hybrid beverages combining plant and dairy proteins are expected to shape the market’s trajectory. Moreover, the integration of advanced processing technologies and sustainable packaging solutions will further enhance product quality and market appeal.
As consumers continue to prioritize health, sustainability, and ethical consumption, the plant-based protein beverages market is well-positioned to capitalize on these shifting preferences. For businesses and investors, this market represents a lucrative opportunity to innovate and capture a share of the growing demand for plant-based nutrition.
Key Player Analysis:
Nestlé
PepsiCo
Danone
Unilever
Orgain
Ripple Foods
Oatly
Blue Diamond Growers
Hain Celestial Group
SunOpta
Vega
Segmentations:
By Product
Ready-to-Drink (RTD) Beverages
Powder-Based Protein Drinks
Concentrate-Based Beverages
By Source
Soy Protein
Pea Protein
Rice Protein
Hemp Protein
Almond Protein
By Distribution Channel
Supermarkets and Hypermarkets
Online Retail
Convenience Stores
Health & Specialty Stores
By Category
Conventional
Organic
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Russia
Belgium
Netherlands
Austria
Sweden
Poland
Denmark
Switzerland
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
Australia
Thailand
Indonesia
Vietnam
Malaysia
Philippines
Taiwan
Rest of Asia Pacific
Latin America
Brazil
Argentina
Peru
Chile
Colombia
Rest of Latin America
Middle East
UAE
KSA
Israel
Turkey
Iran
Rest of Middle East
Africa
Egypt
Nigeria
Algeria
Morocco
Rest of Africa
Browse the full report at https://www.credenceresearch.com/report/plant-based-protein-beverages-market
Contact:
Credence Research
Please contact us at +91 6232 49 3207
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shrutijadhav2139 · 24 days ago
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Chocolate Market Analysis of Dynamics Opportunities Challenges and Future Outlook
The chocolate market has witnessed significant growth over the years, driven by changing consumer preferences, technological advancements, and global trends. As an indispensable part of the food and confectionery industry, the market offers immense opportunities but also faces several challenges. This article explores the key dynamics, emerging opportunities, potential hurdles, and future outlook for the chocolate market.
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Market Dynamics Driving Growth
Consumer Demand for Premium Products An increasing appetite for premium and artisanal chocolates is reshaping the market. Consumers are drawn to products that offer unique flavors, superior quality, and luxurious packaging, driving innovation and expansion in the premium segment.
Health-Conscious Trends The rising awareness of health benefits linked to dark chocolate, such as its antioxidant properties and ability to improve heart health, has bolstered demand. Additionally, sugar-free and low-calorie options cater to health-focused consumers.
Technological Advancements Innovations in production processes, such as precision fermentation and 3D printing, have enabled the creation of customized and sustainable chocolate products. These technologies are enhancing efficiency and product diversity.
Cultural and Seasonal Demand Chocolates play a central role in cultural and seasonal celebrations globally. From Valentine's Day to Diwali and Christmas, the demand for chocolate as a gifting option sustains its market appeal.
Emerging Opportunities in the Chocolate Market
Plant-Based Alternatives The shift toward vegan and dairy-free diets is creating a robust market for plant-based chocolates made with ingredients like almond, oat, and rice milk. This trend is particularly popular among millennials and Gen Z consumers.
Personalization and Direct-to-Consumer (DTC) Models E-commerce platforms allow for customization and direct customer engagement. Personalized offerings, such as tailored packaging and flavor combinations, enhance consumer experiences and drive loyalty.
Expansion into Emerging Markets The chocolate market in regions like Asia-Pacific, Latin America, and Africa is experiencing rapid growth due to urbanization, rising disposable income, and evolving consumer tastes. These regions present untapped potential for global and local players.
Sustainability as a Differentiator Ethical sourcing, environmentally friendly packaging, and fair trade certifications are becoming critical factors for differentiation. Companies focusing on sustainable practices can attract environmentally conscious consumers.
Challenges Facing the Chocolate Market
Fluctuating Raw Material Prices The cost of cocoa, sugar, and dairy can be volatile, affecting profit margins. Supply chain disruptions further exacerbate this challenge.
Health and Wellness Concerns While chocolate is an indulgence, rising concerns about sugar content and obesity pose challenges. Brands must strike a balance between indulgence and health-conscious formulations.
Regulatory Compliance Stricter regulations on labeling, ingredient transparency, and sustainability practices require significant investment and adaptation by manufacturers.
Competition from Snack Alternatives The growing popularity of healthy snacks like protein bars and dried fruits presents competition, particularly among health-conscious consumers.
Future Outlook
The chocolate market is poised for continued growth, driven by innovation, sustainability, and expansion into new regions. To succeed, businesses must focus on:
Developing health-centric products that align with wellness trends.
Leveraging digital platforms for personalized and direct consumer interactions.
Strengthening supply chains to mitigate raw material price volatility.
Embracing sustainability as a core business strategy.
Conclusion
The chocolate market remains dynamic, offering a blend of challenges and opportunities. By aligning with consumer preferences and investing in innovation and sustainability, companies can unlock new growth avenues. As the market evolves, the focus will be on creating products that balance indulgence with health, ethics, and personalization, ensuring its enduring appeal.
Request Sample PDF Report: https://www.pristinemarketinsights.com/get-free-sample-and-toc?rprtdtid=NDQ2&RD=Chocolate-Market-Report
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industrynewsupdates · 25 days ago
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A Deep Dive into the U.S. Packaged Food Market: Insights and Analysis
The U.S. packaged food market size is expected to reach USD 1.58 trillion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.8% from 2022 to 2030. The increasing product innovation, innovative packaging, changing lifestyles, rising number of dual-income families, and hectic schedules of consumers have boosted the demand for packaged foods in the U.S. Also, the growing trend of plant-based and organic foods is driving market growth. With rising health consciousness, consumers are gradually shifting towards healthy food and drink alternatives. As a result, food products with low-calorie, low-fat, gluten-free, sugar-free, and organic claims gain traction among consumers.
The beverages segment accounted for over 18.0% of revenue share in 2021, flowed by the dairy products segment. Healthy drinks made with natural ingredients and less sugar are gaining traction among consumers. Furthermore, increasing demand for functional beverages is also driving the growth of this product segment. Milk, butter, and cheese have wide applications in the daily lives of U.S. consumers. In addition, lately, yogurt and yogurt drinks are gaining significant popularity across the nation.
The market is highly competitive with a large number of well-established companies across the country. Consumers have been preferring companies that are known for prioritizing sustainable production and environment-friendly packaging. As a result, several companies are focusing on sustainable packaging and a transparent supply chain. For instance, in January 2020, Nestlé announced an investment of up to USD 2.12 billion in advanced sustainable packaging solutions to shift to food-grade recycled plastics from virgin plastics. The company has committed to making 100% of its packaging reusable or recyclable by 2025.
Gather more insights about the market drivers, restrains and growth of the U.S. Packaged Food Market
U.S. Packaged Food Market Report Highlights
• The ready-to-eat meals segment is expected to register the fastest CAGR of 6.1% from 2022 to 2030 owing to the busy lifestyle and hectic work schedule of the consumers
• In terms of distribution channels, the supermarkets and hypermarkets segment dominated the market and accounted for a revenue share of over 68% in 2021. Over the past few years, consumers prefer these distribution channels owing to the availability of a wide range of products and huge price discounts offered in these stores
• The beverages segment held the largest revenue share of more than 17.0% in 2021. The strong popularity of such products among consumers as healthy drinks is expected to remain a favorable factor over the next few years
U.S. Packaged Food Market Segmentation
Grand View Research has segmented the U.S. packaged food market based on product and distribution channel:
U.S. Packaged Food Product Outlook (Revenue, USD Billion, 2017 - 2030)
• Bakery & Confectionery Products
• Dairy Products
• Snacks & Nutritional Bars
• Beverages
• Sauces, Dressings, & Condiments
• Ready-to-Eat Meals
• Breakfast Cereals
• Processed Meats
• Rice, Pasta, & Noodles
• Ice Creams & Frozen Novelties
• Others
U.S. Packaged Food Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)
• Supermarkets & Hypermarkets
• Convenience Store
• Online
• Others
Order a free sample PDF of the U.S. Packaged Food Market Intelligence Study, published by Grand View Research.
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twobrotherfood · 3 months ago
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Turmeric Ghee: A Superfood Revolution in the US
In recent years, the health and wellness industry has witnessed an increased focus on natural superfoods. Among these, Turmeric Ghee in the US is rapidly gaining popularity as a powerful addition to healthy diets. Known for its rich flavor, vibrant golden hue, and numerous health benefits, turmeric ghee has become a staple in many households and health-conscious communities.
What is Turmeric Ghee?
Turmeric ghee combines clarified butter (ghee) with turmeric, a spice known for its anti-inflammatory and antioxidant qualities. Ghee has been a staple in Indian and Ayurvedic cooking for centuries, prized for its ability to enhance flavor and support digestion. When combined with turmeric, it transforms into a potent superfood that offers a range of health benefits, making it a favorite in the Turmeric Ghee US market.
Why is Turmeric Ghee Popular in the US?
The rise in the popularity of turmeric ghee in the US can be attributed to increasing awareness of its nutritional and medicinal properties. People are now more conscious of incorporating natural and organic ingredients into their diets. Turmeric ghee is:
Rich in Nutrients: Packed with healthy fats, vitamins A, D, E, and K, turmeric ghee nourishes the body and supports overall health.
Anti-Inflammatory: The curcumin in turmeric is known for reducing inflammation, which can benefit conditions like arthritis and joint pain.
Digestive Support: Ghee enhances gut health, while turmeric promotes better absorption of nutrients.
Boosts Immunity: The combination of ghee and turmeric helps strengthen the immune system, a quality highly valued in the Turmeric Ghee US community.
How to Use Turmeric Ghee
Turmeric ghee is versatile and can be used in a variety of ways. Here are some popular options:
Cooking and Baking: Use it as a healthy alternative to regular butter or oil. Its rich flavor elevates dishes like roasted vegetables, curries, or baked goods.
Spreading on Bread: Enjoy it as a flavorful spread on toast or bread for a quick, nutritious snack.
Golden Milk: Mix a teaspoon of turmeric ghee into warm milk, almond milk, or coconut milk for a soothing and health-boosting drink.
Drizzling Over Meals: Add a dollop to soups, rice, or pasta for an extra dose of flavor and nutrition.
In Smoothies: Blend turmeric ghee into your morning smoothies for a creamy texture and a nutrient boost.
Health Benefits of Turmeric Ghee
Promotes Heart Health
The healthy fats in ghee help maintain cardiovascular health, while turmeric’s anti-inflammatory properties can reduce the risk of heart disease.
Improves Brain Function
Turmeric ghee supports cognitive health by providing essential fats and antioxidants that protect the brain.
Supports Weight Management
The healthy fats in ghee help improve metabolism, while turmeric aids in detoxifying the body.
Enhances Skin Health
Both ghee and turmeric are known for their skin-nourishing properties. Regular consumption or topical application can result in glowing skin.
Alleviates Joint Pain
Turmeric ghee is a natural remedy for joint pain and inflammation, making it a favorite among people seeking alternatives to synthetic medications.
Why Choose Turmeric Ghee in the US?
The growing demand for Turmeric Ghee in the US has led to an increase in high-quality products available in the market. Consumers can find organic and grass-fed options that ensure the highest nutritional value. The use of turmeric ghee aligns with the trend of returning to natural, minimally processed foods.
Furthermore, many US-based brands are now innovating by introducing turmeric ghee infused with additional herbs and spices, catering to diverse palates and health needs. The ease of availability and the versatility of this product make it a must-have in modern kitchens.
How to Select the Best Turmeric Ghee
When purchasing Turmeric Ghee in the US, consider the following tips:
Look for Organic Products: Ensure the ghee is made from organic, grass-fed butter for maximum nutrition.
Check the Ingredients: High-quality turmeric ghee should contain pure ghee and turmeric without artificial additives or preservatives.
Sourcing Matters: Opt for brands that prioritize sustainable and ethical sourcing practices.
Read Reviews: Customer reviews can offer valuable insights into the quality and flavor of the product.
Incorporating Turmeric Ghee into a Balanced Lifestyle
Turmeric ghee isn’t just a superfood; it’s a lifestyle choice. Incorporating it into your daily routine can improve your overall health while making your meals more delicious. Pair turmeric ghee with other healthy habits like regular exercise, hydration, and mindfulness to unlock its full potential.
Conclusion
The superfood revolution has arrived, and Turmeric Ghee in the US is at the forefront of this trend. With its incredible flavor, versatility, and health benefits, turmeric ghee has become a favorite among health-conscious individuals. Whether you’re cooking, sipping golden milk, or simply looking to enhance your diet, turmeric ghee is a simple yet powerful addition to your lifestyle.
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jayanthitbrc · 3 months ago
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Global Plant Milk Market Analysis 2024: Size Forecast and Growth Prospects
The plant milk global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Plant Milk Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The plant milk market size has grown rapidly in recent years. It will grow from $16.67 billion in 2023 to $18.99 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The growth in the historic period can be attributed to increasing consumer demand for plant-based diets, collaboration between industry players, increasingly prioritizing health and wellness, increasingly focusing on reducing their carbon footprint, and minimizing environmental impact during production.
The plant milk market size is expected to see rapid growth in the next few years. It will grow to $32.40 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing urbanization, increasing vegan population, increasing demand for organic foods and beverages, growing demand for lactose-free milk, increasing demand for dairy alternative, and increasing awareness about plant milk. Major trends in the forecast period include innovative products, innovative plant milk varieties, diverse flavors and textures, strategic marketing, and technological advancements.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/plant-milk-global-market-report
Scope Of Plant Milk Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Plant Milk Market Overview
Market Drivers - The increasing vegan population is expected to propel the growth of the plant milk market going forward. The vegan population refers to the group of individuals who follow a vegan lifestyle, which involves abstaining from consuming all animal products, including meat, dairy, eggs, and honey. The increase in the vegan population is due to several critical factors, including heightened awareness of the ethical treatment of animals, environmental sustainability, and health benefits. Plant milk is a popular choice among the vegan population as it is an alternative to dairy milk for ethical, environmental, or health reasons. For instance, in January 2024, according to a survey of 2,000 adults aged 18 or over in Great Britain by Finder.com LLC, a US-based personal finance comparison site, there were 2.5 million vegans in early 2024, an increase from 1.1 million in 2023. Therefore, the increasing vegan population is driving the growth of the plant milk market.
Market Trends - Major companies operating in the plant milk market are focused on developing innovative products, such as creamy plant milk, to cater to the growing demand for dairy-free options. Creamy plant milk is a type of non-dairy milk made from plant-based sources, such as almonds, oats, soy, coconut, cashews, or rice, with a richer, thicker texture similar to traditional dairy milk. For instance, in February 2024, Califia Farms LLC, a US-based manufacturer of plant-based dairy products, launched Califia Farms Complete. It is a creamy plant milk designed to match the nutritional profile of dairy milk while containing 50% less sugar. It is made from a pea, chickpea, and fava bean protein blend. It contains more of these nine essential nutrients as an eight-ounce serving of dairy milk, including protein, calcium, vitamin A, vitamin D, vitamin B12, magnesium, phosphorus, potassium, and riboflavin.
The plant milk market covered in this report is segmented –
1) By Type: Coconut, Soy, Almond, Rice, Oat, Other Types 2) By Formulation: Unsweetened, Sweetened 3) By Packaging: Bottles, Pouches, Cartons 4) By Application: Food And Beverage Industry, Household, Hotels And Restaurants, Other Applications 5) By End-User: Mainstream Stores, Specialty Stores, Other End-Users
Get an inside scoop of the plant milk market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=19141&type=smp
Regional Insights - North America was the largest region in the plant milk market in 2023. The regions covered in the plant milk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the plant milk market are Danone S.A., Campbell Soup Company, Döhler Gmbh, Mc Cormick & Company Inc., Univar Solutions Inc., The Hain Celestial Group Inc., Blue Diamond Growers Inc., Goya Foods Inc., Fazer, Oatly Group AB, Califia Farms LLC, Pacific Foods, Earth’s Own Food Company Inc., Ripple Foods, Oatsome, Elmhurst Milked Direct LLC, Good Karma Foods Inc., Elden Foods LLC, Natura Foods, Alpina Foods LLC
Table of Contents 1. Executive Summary 2. Plant Milk Market Report Structure 3. Plant Milk Market Trends And Strategies 4. Plant Milk Market – Macro Economic Scenario 5. Plant Milk Market Size And Growth ….. 27. Plant Milk Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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eurosunglobal · 4 months ago
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Agricultural Products Exporter from India: Essential Tips for Success in International Markets
India has emerged as a global leader in agricultural exports, offering a wide range of products that cater to the growing demand in international markets. As a top agricultural products exporter from India, businesses have tremendous opportunities to succeed. However, thriving in the global market requires a strategic approach, adherence to quality standards, and a deep understanding of international regulations. In this blog, we will explore essential tips for success in exporting Indian agricultural products.
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Key Agricultural Products Exported from India
India is renowned for its vast variety of high-quality agricultural exports. Some of the Top food products exporters from India focus on:
Spices (such as turmeric, cumin, and cardamom)
Rice (both basmati and non-basmati)
Fruits (mangoes, bananas, grapes)
Vegetables (onions, okra, tomatoes)
Dairy products (ghee, milk powder)
Meat (buffalo meat, poultry)
Processed foods
The export of agriculture products from India continues to grow as countries across the world seek to meet increasing consumer demand for diverse and quality produce.
Tips for Success in International Markets
1. Understanding Global Standards
Compliance with international food safety and quality standards is essential. Certifications such as ISO, HACCP, and organic certifications are often mandatory. Businesses must ensure they meet these stringent requirements to build trust with international buyers.
2. Focus on Quality and Packaging
Maintaining quality, especially for perishable goods, is crucial. Proper packaging not only preserves the product's freshness but also helps comply with the packaging standards of different countries. Well-packaged products attract more buyers and reduce the risk of rejection.
3. Market Research and Identifying the Right Buyers
Success in international markets begins with thorough market research. Understand the demand trends and competition in your target countries. For example, regions like the Middle East have a high demand for Indian rice, while the US and Europe are big consumers of Indian spices and organic products. Attending international trade fairs and networking with importers are also effective ways to find the right buyers.
Leading Agricultural Exporters from India
India is home to some of the top 10 agriculture products exporters, including well-known companies that have built a global reputation. Eurosun Global, for example, has made significant strides in expanding its footprint in international markets, particularly in the export of rice and processed foods.
Challenges in Agricultural Exports
While there are ample opportunities, challenges remain. Exporters must navigate tariff and non-tariff barriers, ensure timely shipments, and maintain product quality during transit. Additionally, price competition and changing market regulations are constant hurdles for exporters.
Government Support for Exporters
The Indian government offers numerous incentives and schemes to support exporters. Organizations like APEDA (Agricultural and Processed Food Products Export Development Authority) provide assistance with certifications, marketing, and trade facilitation. Exporters can also benefit from subsidies on export insurance and transportation costs, which helps them stay competitive in global markets.
Conclusion
Being a successful agricultural products exporter from India requires careful planning, adherence to international standards, and strategic market entry. By focusing on quality, understanding market demand, and leveraging government support, Indian exporters can tap into the immense potential of the global agricultural market. With continuous effort and the right approach, India’s agricultural exports are poised for sustained growth in the coming years.
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priyanshisingh · 5 months ago
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Plant-Based Milk Market Overview: Growth Factors and Future Trends (2023-2032)
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The Plant-Based Milk Market is projected to grow from USD 20,095 million in 2024 to USD 34,128,846.99 million by 2032, reflecting a compound annual growth rate (CAGR) of 9.00%.
Plant-based milk has emerged as a major trend in the global beverage industry, driven by a combination of health, environmental, and ethical considerations. Over the past decade, plant-based milk alternatives, such as almond, soy, oat, coconut, and rice milk, have become increasingly popular among consumers who are looking for dairy-free options due to lactose intolerance, veganism, or concerns about the environmental impact of dairy farming. These alternatives offer a diverse range of flavors, textures, and nutritional profiles, making them appealing to a wide audience, from health-conscious individuals to those with specific dietary restrictions.
The growth of the plant-based milk market is also fueled by the perception that these products are healthier than traditional cow's milk. Many plant-based milks are fortified with vitamins and minerals, such as calcium, vitamin D, and vitamin B12, making them a nutritious alternative for those who avoid dairy. Additionally, the absence of cholesterol and the presence of healthy fats in certain plant-based milks, like almond and coconut milk, appeal to consumers looking to reduce their intake of saturated fats and cholesterol. Oat milk, in particular, has gained significant popularity due to its creamy texture, mild flavor, and higher fiber content, which aligns with the growing demand for functional foods that support digestive health.
Environmental sustainability is another key driver of the plant-based milk market. Consumers are increasingly aware of the environmental impact of dairy farming, including greenhouse gas emissions, water usage, and land degradation. Plant-based milks generally have a lower environmental footprint, as they require fewer resources to produce. This has resonated with eco-conscious consumers, particularly younger generations who are more inclined to make purchasing decisions based on sustainability. The marketing of plant-based milks often emphasizes their lower carbon footprint and ethical sourcing, further attracting consumers who prioritize environmentally friendly products
The plant-based milk market is characterized by a dynamic interplay of various factors that drive its growth, shape consumer behavior, and present challenges for industry players. Here are the key market dynamics:
Drivers
Health Consciousness: Increasing awareness of health and wellness is a significant driver of the plant-based milk market. Consumers are gravitating towards plant-based alternatives due to concerns about lactose intolerance, cholesterol levels, and the overall health implications of consuming dairy. Many plant-based milks are perceived as healthier options because they are naturally free of lactose, lower in calories, and contain beneficial nutrients such as vitamins, minerals, and healthy fats.
Environmental Sustainability: Environmental concerns are a major factor influencing the shift towards plant-based milks. The production of plant-based milks generally has a lower environmental impact compared to dairy milk, requiring less water, land, and energy while producing fewer greenhouse gases. This sustainability advantage appeals to eco-conscious consumers, particularly millennials and Gen Z, who are more likely to prioritize environmentally friendly products in their purchasing decisions.
Dietary Trends: The rise of plant-based diets, veganism, and flexitarianism has significantly contributed to the growth of the plant-based milk market. As more consumers adopt diets that minimize or eliminate animal products, the demand for dairy alternatives has surged. Additionally, plant-based milks are popular among those following specific dietary trends such as paleo, keto, or gluten-free, as many options align with these diets' restrictions.
Product Innovation: Innovation in product development is a key dynamic driving market expansion. Companies are continually introducing new plant-based milk varieties, such as oat, almond, soy, coconut, and rice milk, as well as blends of different plant-based sources. Advancements in food technology have improved the taste, texture, and nutritional profile of plant-based milks, making them more appealing to a broader audience. The introduction of fortified plant-based milks with added vitamins, minerals, and protein also caters to consumers seeking enhanced nutritional benefits.
Mainstream Adoption: The entry of major food and beverage companies into the plant-based milk market has accelerated its growth. Established dairy brands and new plant-based brands alike are launching a variety of plant-based milk products, increasing their availability in mainstream retail channels. The widespread presence of plant-based milks in supermarkets, cafes, and restaurants has made them more accessible and normalized their consumption among the general public.
Challenges
Price Competition: Plant-based milks are generally more expensive than traditional dairy milk, which can be a barrier to adoption for some consumers. The higher cost is due in part to the processing involved in producing plant-based milks and the cost of raw materials. Price sensitivity remains a challenge, especially in markets where dairy milk is heavily subsidized or culturally ingrained as a staple food.
Nutritional Content Concerns: While plant-based milks are often perceived as healthier, some consumers and health experts express concerns about their nutritional content. For instance, certain plant-based milks may contain added sugars, artificial ingredients, or lower levels of protein compared to dairy milk. This has led to a demand for clean-label products with minimal processing and transparency about ingredients. Additionally, the nutritional profile varies significantly among different types of plant-based milks, which can create confusion for consumers.
Taste and Texture Preferences: Despite improvements in taste and texture, plant-based milks still face resistance from consumers who prefer the taste and mouthfeel of dairy milk. For some, the unique flavors of plant-based milks like soy or almond can be a turnoff, while others may find the texture too thin or watery compared to cow’s milk. Overcoming these sensory barriers is crucial for broader market penetration.
Cultural and Regional Differences: The acceptance and popularity of plant-based milks vary widely by region. In regions where dairy consumption is deeply rooted in cultural and culinary traditions, such as in parts of Europe and South Asia, plant-based milks face greater resistance. Conversely, in North America and parts of Western Europe, where health trends and environmental concerns are more prominent, plant-based milks have gained significant traction. Understanding and navigating these cultural dynamics is essential for market expansion.
Supply Chain and Raw Material Sourcing: The supply chain for plant-based milks can be complex, especially when sourcing ingredients like almonds, oats, or coconuts from specific regions. Climate change and environmental factors can impact the availability and cost of these raw materials, posing challenges for consistent production and pricing. Additionally, ensuring the ethical and sustainable sourcing of ingredients is increasingly important to consumers and can impact brand reputation.
Opportunities
Expansion into Emerging Markets: While the plant-based milk market is well-established in North America and Europe, there is significant growth potential in emerging markets such as Asia-Pacific, Latin America, and the Middle East. As disposable incomes rise and awareness of health and environmental issues increases in these regions, demand for plant-based alternatives is expected to grow.
Development of New Plant-Based Sources: The exploration of new plant-based milk sources, such as hemp, quinoa, and pea, presents an opportunity for market differentiation and innovation. These alternatives can offer unique nutritional benefits and cater to consumers looking for novel, diverse options. Developing new sources also helps mitigate risks associated with over-reliance on a few key ingredients like almonds or soy.
Partnerships and Collaborations: Collaborations between plant-based milk brands and other sectors, such as coffee shops, restaurants, and cereal manufacturers, can help drive market growth. By integrating plant-based milks into various food and beverage offerings, companies can increase consumer exposure and encourage adoption. Additionally, partnerships with health and wellness influencers can enhance brand visibility and credibility.
Sustainability and Ethical Branding: As consumer demand for sustainability continues to grow, brands that prioritize eco-friendly practices and ethical sourcing can differentiate themselves in the market. Offering products with environmentally responsible packaging, transparent supply chains, and a commitment to reducing the carbon footprint can attract eco-conscious consumers and build brand loyalty.
Personalized Nutrition: The trend towards personalized nutrition presents an opportunity for plant-based milk brands to offer customized products tailored to individual health needs and preferences. This could include fortified milks with specific nutrients, milks designed for specific age groups, or products that cater to specific dietary requirements.
In conclusion, the plant-based milk market is shaped by a dynamic mix of drivers, challenges, and opportunities. Brands that can innovate, address consumer concerns, and adapt to regional and cultural differences are well-positioned to capitalize on the growing demand for dairy alternatives. As the market continues to evolve, the focus on sustainability, health, and personalized nutrition will likely drive further growth and diversification in this sector.
Key Player Analysis
Freedom Foods Group Ltd
Earth’s Own Food Company Inc.
Hain Celestial Group, Inc.
Goya Foods
Groupe Danone
Blue Diamond Growers, Inc.
Liwayway Holdings Company Limited
Elden Foods Inc.
Oatly Inc.
Kaslink Foods Oy Ltd
Plenish
Alpina Foods
Living Harvest Foods Inc.
Döhler GmbH
Nestlé
Mc Cormick & Co.
Natura Foods
More About Report- https://www.credenceresearch.com/report/plant-based-milk-market
The future outlook for the plant-based milk market is highly promising, driven by ongoing consumer shifts towards health, sustainability, and ethical consumption, alongside continuous innovation within the industry. Here are the key factors shaping the future of the plant-based milk market:
Continued Growth and Market Expansion
The plant-based milk market is expected to continue its robust growth trajectory globally. As more consumers adopt plant-based diets for health, environmental, and ethical reasons, the demand for dairy alternatives will likely expand further. This growth is not limited to traditional strongholds like North America and Europe; significant market potential exists in emerging economies across Asia-Pacific, Latin America, and the Middle East. Increasing awareness of the health benefits of plant-based foods, coupled with rising disposable incomes and urbanization in these regions, will drive market penetration and adoption.
Innovation and Diversification
Innovation will remain a cornerstone of the plant-based milk market’s future. As consumer preferences evolve, there will be a continuous push for new and improved products that better mimic the taste, texture, and nutritional profile of dairy milk. This includes the development of plant-based milks from new sources such as hemp, quinoa, and barley, which offer unique nutritional benefits and appeal to consumers seeking variety. Additionally, hybrid products that combine different plant-based sources (e.g., almond and oat blends) are expected to gain popularity, offering enhanced taste and functionality.
Focus on Health and Nutrition
The future of the plant-based milk market will increasingly focus on health and nutrition. As consumers become more discerning about their dietary choices, there will be a growing demand for plant-based milks that are fortified with essential nutrients such as calcium, vitamin D, and protein, to better match the nutritional content of dairy milk. Functional plant-based milks, which include added probiotics, omega-3 fatty acids, or adaptogens, will also see increased interest as consumers seek products that support specific health goals, such as gut health, immune support, or stress management.
Sustainability and Ethical Sourcing
Sustainability will continue to be a critical driver of the plant-based milk market. Consumers are increasingly concerned about the environmental impact of their food choices, and plant-based milks are positioned as more sustainable alternatives to dairy milk. Brands that prioritize eco-friendly practices, such as using recyclable packaging, reducing water usage, and sourcing ingredients ethically, will resonate with environmentally conscious consumers. As the industry grows, there will likely be greater scrutiny on the sustainability practices of plant-based milk producers, pushing the market towards even more sustainable and transparent operations.
Mainstream Adoption and Retail Presence
As plant-based milks become more mainstream, their availability in retail settings will continue to expand. Supermarkets, grocery stores, and online retailers are expected to increase their shelf space for plant-based milks, offering a wider variety of brands and products. The inclusion of plant-based milk options in coffee shops, restaurants, and fast-food chains will further normalize their consumption, making these products a regular part of consumers' diets. Additionally, price parity with dairy milk, as production scales up and competition increases, could further drive mainstream adoption.
Regulatory and Labeling Developments
As the plant-based milk market grows, it is likely to face increased regulatory scrutiny, particularly regarding labeling and nutritional claims. Governments and regulatory bodies may implement stricter guidelines to ensure that consumers are not misled about the nutritional content of plant-based milks compared to dairy. This could lead to more transparent labeling practices and the standardization of terms used in marketing plant-based products. Brands that proactively adapt to these regulations and emphasize transparency will be better positioned to gain consumer trust.
Cultural and Regional Adaptation
Cultural and regional preferences will play an important role in shaping the future of the plant-based milk market. In regions where dairy consumption is deeply rooted in tradition, such as parts of Europe, South Asia, and Latin America, plant-based milk brands will need to tailor their products and marketing strategies to align with local tastes and customs. This might include developing region-specific flavors, promoting plant-based milks as complementary rather than replacement products, and engaging in cultural education to highlight the benefits of dairy alternatives.
Technological Advancements
Advances in food technology will continue to drive innovation in the plant-based milk market. Techniques such as precision fermentation and cellular agriculture may enable the development of plant-based milks with improved taste, texture, and nutritional content, making them even more competitive with traditional dairy. These technologies could also lead to more sustainable production methods, reducing the environmental impact of plant-based milk production.
Consumer Education and Awareness
As the market grows, educating consumers about the benefits and differences of plant-based milks will be crucial. Brands that invest in consumer education, through clear labeling, marketing campaigns, and partnerships with health professionals, will help demystify plant-based milks and address misconceptions. This will be particularly important for reaching older consumers or those less familiar with plant-based diets.
Competitive Landscape and Market Consolidation
The competitive landscape of the plant-based milk market is likely to intensify, with more players entering the market and established brands expanding their plant-based portfolios. This competition may lead to market consolidation, where larger companies acquire smaller, niche brands to broaden their product offerings and market reach. This could also result in more strategic partnerships between plant-based brands and traditional dairy companies, further blurring the lines between plant-based and dairy markets.
In conclusion, the plant-based milk market is poised for continued growth, driven by innovation, sustainability, health consciousness, and expanding consumer acceptance. Companies that can navigate the challenges of price competition, consumer education, and regulatory changes, while continuing to innovate and focus on sustainability, will be well-positioned to capitalize on the growing demand for plant-based dairy alternatives. As these dynamics play out, plant-based milks are likely to become a mainstream staple in global diets, reflecting broader shifts towards more sustainable and health-conscious eating.
Segments:
Based on Product Type:
Soy Milk
Almond Milk
Coconut Milk
Cashew Milk
Hemp Seed Milk
Rice Milk
Oat Milk
Peanut Milk
Pea Milk
Hazelnut Milk
Macadamia Milk
Other Product Types (Spelt Milk, Banana)
Based on Forms:
Liquid
Powder
Based on Categories:
Organic
Conventional
Based on Flavors:
Original/Unflavored
Flavored
Chocolate
Vanilla
Strawberry
Coconut
Mocha
Berry
Hazelnut
Other Flavors
Based on End Uses:
Infant Formula
Dairy Products (Milk, Cheese, Yogurt, Butter, Spreads, Ice Cream, Frozen Dessert)
Bakery and Confectionary
Milk and Milk-Based Beverages
Retail Sales
Based on Sales Channels:
Direct Sales
Indirect Sales
Modern Trade
Convenience Store
Departmental Store
Traditional Store
Specialty Store
Online Retailers
Other Sales Channels
Browse the full report –  https://www.credenceresearch.com/report/plant-based-milk-market
Browse Our Blog: https://www.linkedin.com/pulse/plant-based-milk-market-projections-global-industry-analysis-tb3df
Contact Us:
Phone: +91 6232 49 3207
Website: https://www.credenceresearch.com
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itineraryblog · 5 months ago
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What Kind of Food Can I Find at the Indy Market Dao Khanong?
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Indy Market Dao Khanong in Bangkok is a vibrant, bustling night market known for its local food stalls, trendy shops, and street vendors. If you’re a foodie looking for a unique experience, this market offers a wide range of dishes that cater to everyone’s taste buds. Whether you crave traditional Thai street food or something with a modern twist, Indy Market Dao Khanong has it all. Let’s dive into what delicious food you can find here!
1. Introduction to Indy Market Dao Khanong
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More Read: Thailand Itinerary 7 days
2. Traditional Thai Dishes
Indy Market Dao Khanong is a great place to indulge in authentic Thai dishes. From flavorful curries to spicy salads, you’ll find it all here.
2.1. Pad Thai (Thai Stir-fried Noodles)
One of the most popular dishes in Thailand, Pad Thai, is a must-try at Indy Market. Stir-fried rice noodles mixed with shrimp, chicken, or tofu, along with bean sprouts, peanuts, and lime, make this a perfect balance of flavors.
2.2. Som Tum (Green Papaya Salad)
Som Tum is a zesty green papaya salad that offers a refreshing and spicy kick. It’s made with shredded green papaya, tomatoes, chilies, lime juice, and peanuts, creating a tangy, sweet, and spicy flavor.
2.3. Tom Yum (Spicy Thai Soup)
Tom Yum is a classic Thai soup with a bold mix of spicy, sour, and fragrant flavors. You can enjoy it with shrimp (Tom Yum Goong) or chicken, and it’s perfect for those who enjoy a bit of heat in their food.
3. Street Food Snacks
Craving a quick bite? Indy Market is filled with street food stalls that serve bite-sized snacks to satisfy your hunger.
3.1. Moo Ping (Grilled Pork Skewers)
These skewers are marinated in a sweet and savory sauce before being grilled to perfection. Moo Ping is a popular street snack that is tender, flavorful, and perfect for eating on the go.
3.2. Khanom Buang (Thai Crispy Pancakes)
Khanom Buang are Thai crispy pancakes with sweet or savory fillings. The sweet version is topped with coconut cream and shredded coconut, while the savory one is filled with minced shrimp or pork.
3.3. Gai Tod (Fried Chicken)
Who doesn’t love fried chicken? At Indy Market, you can find Gai Tod — crispy, golden fried chicken that’s juicy on the inside. It’s a delicious and quick snack to grab while wandering around.
More Read:
Pratunam Morning Market
Naka Weekend Market
Khlong Bang Luang Floating Market
4. Modern Fusion Dishes
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Indy Market also caters to those looking for something a little different with its fusion of traditional Thai flavors and modern culinary techniques.
4.1. Cheese Topped Dishes
Cheese lovers will be thrilled to find several dishes topped with gooey cheese at the market. From cheese-covered fried chicken to grilled meats with melted cheese, it’s a trend that adds a creamy richness to savory Thai dishes.
4.2. Sushi Rolls with a Twist
Indy Market’s fusion food includes sushi rolls with a Thai twist. Some sushi rolls come with spicy Thai sauces or are made with unique local ingredients, giving you a fusion of Japanese and Thai cuisine.
4.3. Korean-Inspired Dishes
With the influence of Korean food trends in Thailand, you’ll find Korean-inspired dishes like Korean fried chicken, spicy rice cakes (Tteokbokki), and kimchi fried rice. These dishes bring an international flair to the market.
5. Refreshing Beverages
After all the delicious food, you’ll need something to wash it down. Luckily, Indy Market Dao Khanong has plenty of refreshing drinks.
5.1. Thai Iced Tea
Thai iced tea is a sweet, creamy tea made with black tea, condensed milk, and sugar. It’s a refreshing drink to cool down after enjoying the spicy street food.
5.2. Fresh Coconut Water
Coconut water is a great way to rehydrate, especially in the warm Bangkok weather. Freshly opened coconuts are readily available at the market and make for a healthy and refreshing beverage.
5.3. Smoothies and Juices
There are also numerous stalls offering fresh fruit smoothies and juices. Whether you want a tropical mango smoothie or a detoxifying green juice, there’s something for everyone.
6. Sweet Treats and Desserts
No meal is complete without dessert, and Indy Market offers an array of sweet treats that will satisfy your sugar cravings.
6.1. Mango Sticky Rice
Mango sticky rice is a beloved Thai dessert made with ripe mangoes, sticky rice, and coconut milk. It’s a simple yet indulgent treat you can’t miss.
6.2. Roti (Thai Pancake)
Roti is a flaky, fried pancake often drizzled with sweetened condensed milk and sugar. It’s crispy on the outside and soft on the inside, making it the perfect late-night snack.
6.3. Coconut Ice Cream
For something cool and refreshing, try coconut ice cream. It’s usually served in a coconut shell with toppings like peanuts, sticky rice, and corn, adding texture and flavor to this creamy dessert.
7. Conclusion
Indy Market Dao Khanong is a food lover’s paradise with an exciting mix of traditional Thai dishes, street food snacks, modern fusion fare, and refreshing drinks. Whether you’re looking for a quick bite, a hearty meal, or something sweet, you’re sure to find something that delights your taste buds. The vibrant atmosphere, combined with the diverse food offerings, makes this market a must-visit for both locals and tourists.
More Read:
Let’s Sea Hua Hin Al Fresco Resort
8. FAQs
Q1: What is the best time to visit Indy Market Dao Khanong? A: The best time to visit is in the evening, around 5 PM, when the market starts getting lively with food stalls and vendors.
Q2: Are there vegetarian options at the market? A: Yes, there are plenty of vegetarian options, including stir-fried noodles, salads, and desserts.
Q3: How much should I expect to spend on food at the market? A: Most dishes range from 30 to 100 THB, making it an affordable place to enjoy a variety of foods.
Q4: Is Indy Market Dao Khanong family-friendly? A: Absolutely! The market has a family-friendly atmosphere with plenty of food options for both kids and adults.
Q5: Can I find international food at Indy Market? A: Yes, alongside traditional Thai dishes, you can find fusion foods and international cuisines like sushi and Korean dishes.
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sampeterson613 · 5 months ago
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The future of agriculture in the shrinking suburbs
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Agriculture land for sale is land designated specifically for the cultivation of crops and the raising of animals for food, fibre, and other products. This type of land is used for a variety of purposes, including:
·      Crop Production: Growing crops like grains (wheat, corn, rice), vegetables, fruits, and legumes. For example, coconut land for sale in Sri Lanka.
·      Livestock Farming: Raising animals such as cows, pigs, sheep, and chickens for meat, milk, eggs, and other products. For example, Farms or farming land for sale.
·      Dairy Farming: Specialising in the production of milk and dairy products.
·      Poultry Farming: Focusing on the production of eggs and meat from chickens, turkeys, and other birds.
·      Horticulture: Cultivating plants for fruits, vegetables, and ornamental purposes.
·      Aquaculture: Farming fish and other aquatic organisms.
·      Forestry: Managing forests for timber, paper, and other products.
·      Agricultural land is crucial for food security, economic stability, and maintaining rural communities. It often requires careful management to ensure sustainability and productivity.
The shrinking suburbs and the future of agricultural land in these areas
The future of agricultural land and the shrinking of suburbs are influenced by several factors:
Shrinking Suburbs:
·      Economic Factors: Economic downturns can lead to reduced demand for housing and less investment in suburban areas. High costs of maintaining infrastructure can also contribute to shrinkage. For example, maintaining commercial property for sale in these areas can be quite expensive, and businesses would not be able to invest in such properties due to this.
·      Population Trends: In some regions, younger generations are gravitating toward urban centres for better job opportunities, amenities, and lifestyles, reducing the demand for suburban living.
·      Changing Preferences: Preferences for more walkable neighbourhoods, public transit, and proximity to cultural and social hubs can drive people away from the suburbs.
·      Housing Market Shifts: Overbuilding in suburban areas can lead to an oversupply of homes, which can cause property values to decline and make these areas less attractive.
Future of Agricultural Land:
·      Urban Expansion: As cities grow and spread outward, agricultural land is often converted into residential or commercial developments. This can reduce the amount of land available for farming.
·      Zoning Changes: Local governments may change zoning laws to allow for more residential or commercial development, which can encroach on agricultural areas.
·      Sustainability Practices: There is a growing trend towards sustainable agriculture, which may encourage better use of available land and promote agricultural activities even in more developed areas.
·      Smart Growth: Some regions are adopting smart growth principles to balance development with the preservation of agricultural land. This includes planning and zoning strategies that aim to limit urban sprawl and protect farmland.
·      Technological Advancements: Advances in farming technology and methods can make agricultural practices more efficient and potentially allow for farming in less traditional areas.
The future of agricultural land in shrinking suburban areas will depend on a complex interplay of economic, social, and political factors, as well as efforts to balance development with the need for food production and environmental sustainability.
How can countries mitigate the risks of shrinking suburbs to make room for agricultural development?
Countries can take several measures to mitigate the risks associated with shrinking suburbs and make room for agricultural development:
1.    Smart Land Use Planning
·      Zoning Regulations: Implement and enforce zoning laws that prioritise the protection of agricultural land. This can involve creating agricultural zones that are shielded from urban development.
·      Urban Growth Boundaries: Establish clear boundaries to limit the expansion of urban areas and focus development within existing urbanised zones.
2.    Revitalising Suburban Areas
·      Redevelopment Projects: Invest in the redevelopment of underutilised or abandoned suburban properties. This can help repurpose existing infrastructure for new uses without encroaching on agricultural land.
·      Infill Development: Encourage higher-density development within existing urban areas to reduce the need for outward expansion.
3.    Agricultural Incentives
·      Subsidies and Support: Provide financial incentives and support programs for farmers to maintain and improve agricultural productivity.
·      Tax Benefits: Offer tax benefits or deductions for landowners who preserve their land for agricultural use rather than selling it for development.
4.    Sustainable Practices
·      Conservation Easements: Implement conservation easements that protect agricultural land from being developed while allowing landowners to retain ownership and benefit financially.
·      Sustainable Agriculture: Promote practices that enhance the efficiency and productivity of agricultural land, reducing the need to expand into new areas.
5.    Community Engagement and Education
·      Public Awareness: Educate the public and policymakers about the importance of preserving agricultural land and the benefits of sustainable land use.
·      Community Involvement: Engage communities in planning processes to ensure that local needs and priorities are balanced with agricultural preservation.
6.    Integrated Land Use Strategies
·      Mixed-Use Development: Encourage mixed-use developments that integrate residential, commercial, and agricultural spaces to create vibrant, multi-functional areas.
·      Agrihoods: Promote the development of "agrihoods" where agricultural activities are integrated into residential communities, offering both housing and fresh food production.
7.    Policy and Legislation
·      Land Conservation Policies: Implement and enforce policies that prioritise land conservation and agriculture in regional and national planning frameworks.
·      Regional Planning: Develop regional plans that coordinate land use across municipalities to protect agricultural areas and manage urban growth effectively.
By taking a comprehensive and coordinated approach, countries can balance the needs of urban development with the preservation of valuable agricultural land, ensuring long-term sustainability and food security.
How to find good agricultural land in the shrinking suburbs
Finding good agricultural land in shrinking suburbs involves several strategic steps to ensure you select land that is suitable for farming and likely to remain viable for agricultural use. Here is a guide on how to identify and assess such land:
1.     Research and Data Collection
·      Local Zoning Laws: Check zoning regulations to identify areas where agriculture is still permitted or encouraged. Look for areas with agricultural zoning or policies protecting farmland.
·      Land Use Trends: Analyse local land use trends and planning documents to understand how the area is evolving and what future developments are planned.
2.    Consult Local Experts
·      Real Estate Agents: Work with real estate agents who specialise in agricultural properties. They can provide insights into available land and market conditions.
·      Agricultural Extension Services: Reach out to local agricultural extension services or organisations for advice on suitable land and best practices for farming in the area.
3.    Evaluate Soil Quality
·      Soil Testing: Conduct soil tests to assess the quality of the land for farming. Look for good soil fertility, proper drainage, and minimal contamination.
·      Topography: Consider the land’s topography and drainage patterns, as flat, well-drained land is generally more suitable for agriculture.
4.    Assess Infrastructure and Access
·      Water Resources: Ensure the land has access to adequate water resources for irrigation, either through natural sources or established irrigation systems.
·      Accessibility: Check the accessibility of the land, including proximity to roads, markets, and supply centres. Good access can enhance the efficiency of farming operations and distribution.
5.    Consider Future Development
·      Development Pressure: Evaluate the likelihood of future urban development in the area. Look for signs of upcoming infrastructure projects or urban expansion that could impact agricultural viability.
·      Preservation Measures: Identify areas with strong land preservation measures or policies to mitigate the risk of future development encroaching on agricultural land.
6.    Review Historical Land Use
·      Previous Use: Investigate the history of the land to understand its previous use. Land previously used for agriculture may be better suited for farming.
·      Environmental History: Check for any environmental issues, such as contamination or land degradation, that could affect agricultural productivity.
7.    Engage with Local Communities
·      Community Input: Engage with local communities to understand their perspectives on land use and potential development. Community input can provide valuable insights into the long-term viability of agricultural land.
·      Local Agricultural Networks: Join local agricultural networks or associations to gain insights from other farmers and landowners in the area.
8.    Legal and Financial Considerations
·      Ownership and Title: Verify the ownership and legal title of the land to avoid potential disputes or issues.
·      Financial Viability: Assess the financial aspects, including land cost, potential return on investment, and any subsidies or grants available for agricultural operations.
Careful consideration of these factors and conducting thorough research, you can find agricultural land in shrinking suburbs that is both suitable for farming and resilient to future urban pressures.
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priteshwemarketresearch · 5 months ago
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Protein Ingredients Market Analysis, Trends and Dynamic Demand by Forecast 2024 to  2033
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Protein Ingredients Market Introduction:
The increasing need for protein-rich diets across a variety of industries, including food and beverage, feed, cosmetics and personal care, and medicines, is fueling the Protein Ingredients Market for protein components globally, which is expanding rapidly. Manufacturers are experimenting with protein components derived from a variety of sources, including plants, animals, insects, and microbes, in order to adapt to changing customer preferences and industry demands.
Thanks to the growing need for food products made with protein ingredients, such as margarine, spreads, yogurt, cold cuts, bakery goods, and milk sausages, the industry is expanding and experiencing strong demand. Growth in the business is also being fueled by an increase in the use of these products among senior and health-conscious consumers. In addition, there will likely be a surge in the production of unique proteins by different producers that contain a variety of amino acids and serve certain purposes like energy balancing, weight loss, muscle repair, and satiety.
Download Sample Report Now:https://wemarketresearch.com/reports/protein-ingredients-market/67
Protein Ingredients Market Trends and Future Outlook:
Innovation in Plant-Based Proteins: The development of new plant-based protein sources with improved taste, texture, and nutritional profiles is driving market growth.
Focus on Sustainability: There is a growing emphasis on sustainable sourcing and production of protein ingredients, especially in the plant-based protein market.
Personalized Nutrition: Advancements in personalized nutrition will enable tailored protein recommendations based on individual needs and goals.
Opportunities: Growing potential of dairy and plant proteins
Dairy and plant proteins in particular have a lot of potential in the rapidly expanding market for protein additives in the near future. Providers of dairy protein can profit from the growing consumer interest in nutritional content and the trend toward more functional products. As veganism gains popularity due to concerns about animal cruelty and sustainability, the Protein Ingredients Market for plant-based protein components is expanding. Additionally, Islamic countries around the world—which abstain from animal proteins, particularly pork-based gelatin—are helping. Meanwhile, countries like India and Nepal—which have concerns about cultural and religious aspects—avoid beef-based animal proteins. Thus, it is proven that the rapidly expanding plant protein and dairy businesses have enormous promise.
Key Drivers of the Protein Ingredients Market:
Rising Health Consciousness: Consumers are increasingly prioritizing protein intake to support various health goals, including weight management, muscle building, and recovery from workouts.
Growing Popularity of Plant-Based Diets: The demand for plant-based protein sources has surged, as consumers seek alternatives to animal-derived proteins.
Functional Food and Beverage Trends: protein ingredients market is are being incorporated into a wide range of functional food and beverage products, offering additional nutritional benefits.
Sports Nutrition Boom: The sports nutrition industry has fueled the demand for high-quality protein ingredients to support athletes and fitness enthusiasts.
Major Types of Protein Ingredients:
Whey Protein: Derived from milk, whey protein is a complete protein source with high bioavailability and a fast absorption rate.
Casein Protein: Also derived from milk, casein protein provides a sustained release of amino acids, making it ideal for overnight recovery.
Plant-Based Proteins: Soy protein, pea protein, rice protein, and hemp protein are popular plant-based alternatives offering a variety of nutritional profiles.
Egg Protein: Derived from eggs, egg protein is a complete protein source with excellent amino acid composition.
Restraints: Cultural restriction on gelatin consumption
There are several uses for gelatin in the culinary and medicine sectors. It serves as an ingredient in functional products such as protein supplements and hard and soft capsules. However, the collagen of killed animals including the bones, hides, and hooves of cattle, pigs, fish, and poultry forms gelatin, an animal by-product. Gelatin-containing products are not acceptable to people who are under dietary or religious restrictions that prohibit the use of animal products. Pork, for example, and goods derived from it are strictly restricted in Muslim and Middle Eastern societies. Instead, they would rather eat items made from cows that have received the halal certification. As a result, it is thought that these regions have a very small market for gelatin made from pig skin, which limits their expansion.
Protein Ingredients Industry: Regional Analysis
North America Market Forecast
North America holds a dominant Protein Ingredients Market share of more than 47% in the protein ingredients industry, which generates the most revenue. With a strong demand for both plant- and animal-based proteins, North America dominates the global market. This is fueled by the growing supplement business, improvements in food technology, and a strong emphasis on health and fitness. Growing health consciousness and environmental concerns have led to a growing number of consumers looking for plant-based choices.
Europe Market Statistics
Due to a notable movement towards plant-based proteins, the industry is growing quickly in Europe. Growing vegetarian and vegan lifestyles, stricter health laws, and increased environmental consciousness are the main drivers of this shift. Plant-based protein products are growing rapidly in the region thanks to favorable consumer trends and regulatory environment.
Justifications for Purchasing this Report:
Leaders in government, politicians, professionals, product developers, sales managers, and market stakeholders would gain from this study in the ways outlined below.
The research includes Global Protein Ingredients Market revenues at the global, regional, and national levels, with a complete analysis of 2030, allowing organizations to assess their market share and projections, as well as find new markets to pursue.
The report covers the Protein Ingredients Market worldwide, broken down by product, use case, technology, and final consumer. Executives can use this breakdown to allocate resources more effectively and anticipate demand for new items.
The primary drivers, challenges, restrictions, market expansion opportunities, and mild threats are all detailed in the Global Protein Ingredients Market research, allowing investors to better grasp the market's scope and position.
This study will help them better understand competition and plan their position in the market by providing a comprehensive analysis and key tactics of their competitors.
The study provides guidance in assessing the accuracy of Global Protein Ingredients Market forecasts across regions, major countries, and top enterprises.
Conclusion
The protein ingredients market is poised for continued growth and innovation, driven by shifts in consumer preferences, technological advancements, and an expanding array of applications. For businesses, staying abreast of these trends and addressing the associated challenges will be key to thriving in this evolving landscape. For consumers, this means more options and potentially healthier, more sustainable choices in their diets.
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delifoodsmanufacturer · 5 months ago
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What Is Isomalto-oligosaccharide Syrup(IMO Syrup)?
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In recent years, sugar control, fat reduction, and healthy living have become important ingredient trends in baked pastries. Sucrose-free and natural sugar substitutes have gradually attracted attention, and consumers are pursuing healthier sweetness. As a new type of functional sweetener, Isomalto-oligosaccharide syrup is widely used in medical, functional food and food additives industries due to its unique health properties. It is called a new type of biological glycogen in the 21st century. Isomalto-oligosaccharide syrup is a functional oligosaccharide made from high-quality starch (corn or cassava) by enzymatic hydrolysis and refining. It has the characteristics of low sweetness, low calories, good moisture retention, and anti-caries, and is widely used in food, beverages, health products and other fields. Currently, two main types of isomaltose products are on the market: IMO-50 and IMO-90. The content of oligosaccharides in IMO-50 must account for more than 50% of the total dry matter, of which isomaltose, panose, and isomaltotriose account for more than 35% of the total dry matter; IMO-90 requires that the content of IMO is more than 90% and the content of trisaccharides is more than 45%. Wuhu Deli Food Co., Ltd., as a leading syrup manufacturer in China, has been committed to providing consumers with safe, healthy and high-quality products. We have been deeply involved in the field of oligosaccharides for many years, with advanced production equipment, professional technical teams and a complete quality management system. Product characteristics of oligosaccharides Low sweetness -Oligosaccharides are about 40%-50% of sucrose, with a refreshing taste and will not give people a feeling of being too sweet. This makes it more widely used in food and beverages, which can meet the taste needs of different consumers. Low calories- Compared with sucrose, oligosaccharides have lower calories, containing only about 2 kcal per gram. This is an ideal choice for consumers who are concerned about health and weight management. At the same time, the low-calorie characteristics also make oligosaccharide syrup more and more popular in low-sugar and low-fat foods. Good moisture retention-oligosaccharide syrup has good moisture retention, which can keep the moisture of food and beverages and extend their shelf life. In baked goods, oligosaccharide syrup can make bread, cakes and other products softer, moister and taste better. Anti-caries-oligosaccharide syrup cannot be fermented and utilized by bacteria in the mouth, so it has an anti-caries effect. This is a very important advantage for children and teenagers, which can effectively prevent the occurrence of caries. The application range of Isomalto-oligosaccharide syrup is very wide, mainly including the following aspects: Dairy products: yogurt, ice cream, milk powder, etc. Beverages: functional drinks, carbonated drinks, juices, etc. Baked foods: bread, biscuits, cakes, etc. Candy: soft candy, hard candy, etc. Condiments: sauces, seasoning powders, etc. Health food: probiotic food, dietary supplements, etc. At present, our syrup products are exported to Europe, America, Southeast Asia and other countries. Deli foods has been established for over 20 years and has always adhered to quality-oriented standards, providing customers with high-quality syrup products. As a food factory, it can effectively control production costs. Therefore, we can provide customers with reasonable prices, allowing customers to gain an advantage in market competition. We will provide each customer with high-quality products, low prices, fast delivery and professional services for win-win cooperation. If you need other syrups, such as rice syrup, fructose syrup, glucose syrup, etc., Welcome to contact us and request free samples~ Read the full article
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asblending1 · 5 months ago
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The Rise of Protein Powder Manufacture in Australia: Why Quality Matters
In recent years, Australia’s protein powder industry has seen significant growth. This expansion is fueled by increasing health consciousness, a surge in fitness culture, and a growing demand for high-quality supplements. As consumers become more discerning, the quality of protein powders has emerged as a crucial factor that can make or break a brand. This article delves into the reasons behind the rise of protein powder manufacture in Australiaand explores why quality is paramount in this burgeoning market.
The Evolution of Protein Powder in Australia
The journey of protein powder manufacture in Australiastarted with limited options and lower awareness. Initially, protein supplements were primarily used by bodybuilders and athletes. However, as more people began to recognize the benefits of protein for overall health, the demand expanded to include a broader demographic. Today, protein powders are a staple in many households, used by everyone from professional athletes to casual gym-goers and even busy professionals seeking convenient nutrition.
Factors Driving the Growth of the Protein Powder Market
Several factors have contributed to the rise of the protein powder manufacture in Australia:
Health and Fitness Trends: The growing focus on health and fitness has led to an increased demand for protein supplements. People are more informed about the importance of protein in muscle recovery, weight management, and overall well-being.
Convenience: In a fast-paced world, convenience is key. Protein powders offer a quick and easy way to meet daily protein requirements, making them popular among busy individuals.
Innovation in Flavors and Formulations: The market has evolved with innovations in flavors and formulations, catering to diverse tastes and dietary needs. From plant-based options to unique flavor combinations, there is something for everyone.
Influence of Social Media and Fitness Influencers: Social media and fitness influencers have played a significant role in promoting protein powders, showcasing their benefits and incorporating them into daily routines.
The Importance of Quality in Protein Powder
With the market flooded with various protein powder brands, quality has become a distinguishing factor. High-quality protein powders not only offer better nutritional value but also ensure safety and efficacy. Here are some reasons why quality matters:
Nutritional Integrity
High-quality protein powder manufacture in Australia maintain their nutritional integrity, providing the right balance of essential amino acids, vitamins, and minerals. Inferior products may contain fillers, artificial additives, or insufficient protein content, compromising their effectiveness.
Source of Protein
The source of protein significantly impacts its quality. Whey protein, derived from milk, is popular for its complete amino acid profile and fast absorption. Plant-based proteins, sourced from peas, rice, or hemp, cater to those with dietary restrictions or preferences. Ensuring the protein source is pure and free from contaminants is crucial for maintaining quality.
Manufacturing Standards
Adhering to stringent manufacturing standards is essential for producing high-quality protein powders. This includes using state-of-the-art facilities, following good manufacturing practices (GMP), and conducting rigorous quality control tests. Brands that prioritize these standards are more likely to deliver superior products.
The Role of Australian Manufacturers in Ensuring Quality
Australian manufacturers are known for their commitment to quality and innovation. Several factors contribute to the high standards maintained by Australian protein powder manufacturers:
Stringent Regulations
Australia has some of the strictest regulations in the world regarding food and supplement production. The Therapeutic Goods Administration (TGA) and Food Standards Australia New Zealand (FSANZ) ensure that all products meet rigorous safety and quality standards.
Advanced Technology
Australian manufacturers leverage advanced technology and research to develop superior protein powders. This includes innovative extraction methods, improved formulations, and cutting-edge testing procedures to ensure purity and potency.
Sustainable Practices
Sustainability is a growing concern for consumers. Many Australian manufacturers prioritize sustainable practices, from sourcing raw materials responsibly to using eco-friendly packaging. This commitment to sustainability not only enhances the quality of the products but also appeals to environmentally conscious consumers.
The Impact of Quality on Consumer Trust
Consumer trust is paramount in the supplement industry. High-quality protein powder manufacture in Australiabuild trust by delivering consistent results and meeting consumer expectations. Brands that prioritize quality are more likely to develop a loyal customer base and enjoy positive word-of-mouth marketing.
Identifying High-Quality Protein Powders
With numerous options available, how can consumers identify high-quality protein powder manufacture in Australia? Here are some tips:
Check the Ingredient List
A transparent ingredient list is a good indicator of quality. Look for products with minimal ingredients and avoid those with artificial additives, sweeteners, or fillers.
Verify Protein Content
Ensure that the protein content per serving matches the claims on the label. High-quality products should provide a substantial amount of protein with each serving.
Look for Third-Party Testing
Third-party testing verifies the quality and safety of the product. Brands that undergo independent testing are more likely to be reliable and trustworthy.
The Future of Protein Powder Manufacture in Australia
The future of protein powder manufacture in Australialooks promising. With continuous advancements in technology, increasing consumer awareness, and a strong commitment to quality, Australian manufacturers are well-positioned to lead the global market.
Innovations on the Horizon
Personalized Nutrition: Advances in technology are paving the way for personalized nutrition solutions. Consumers can expect protein powders tailored to their specific needs and preferences, enhancing the effectiveness and appeal of the products.
Enhanced Bioavailability: Research into improving the bioavailability of protein powders is ongoing. Enhanced absorption rates will ensure that consumers get the maximum benefit from each serving.
Sustainable Sourcing: The focus on sustainability will continue to grow, with manufacturers exploring more eco-friendly sourcing and production methods. This includes using plant-based proteins and sustainable packaging options.
Conclusion
The rise of protein powder manufacture in Australiais a testament to the growing demand for health and fitness products. As consumers become more discerning, the quality of protein powders has emerged as a critical factor. High-quality protein powders not only provide better nutritional value but also ensure safety, efficacy, and consumer trust. Australian manufacturers, with their commitment to stringent regulations, advanced technology, and sustainable practices, are leading the way in this dynamic market. As the industry continues to evolve, the emphasis on quality will remain paramount, ensuring that consumers have access to the best possible products to support their health and fitness goals.
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industrynewsupdates · 3 months ago
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Wheat Protein Market: A Look at Global Trends and Forecast
The global wheat protein market was valued at USD 6.77 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This growth is primarily driven by the increasing popularity of plant-based diets and the rising number of individuals adopting vegan diets, particularly in developing economies. As more consumers opt for plant-based nutrition, the demand for wheat protein is expected to rise, offering a viable alternative to animal-based proteins. Furthermore, the growth of the wheat protein market is also fueled by demographic trends such as the aging population, rising income levels, and increased urbanization, which contribute to greater awareness of health-conscious eating and a demand for alternative protein sources.
Lactose intolerance is another factor that is boosting the adoption of wheat protein. Lactose intolerance is a condition in which the body is unable to digest lactose, a natural sugar found in dairy products such as milk. While whey protein isolates are processed to remove much of the lactose, individuals with even mild lactose intolerance may still find these products problematic. For those looking to increase their protein intake—whether for health, fitness, or dietary reasons—wheat protein presents an ideal alternative. As consumers seek plant-based options free from dairy, wheat protein is emerging as a leading choice, further contributing to the expansion of the market.
Gather more insights about the market drivers, restrains and growth of the Wheat Protein Market
Market Concentration & Characteristics
The wheat protein market is characterized by significant innovation, particularly in the development of plant-based and gluten-free products. Manufacturers are responding to consumer demand by developing gluten-free wheat protein options. These innovations are designed to meet the needs of individuals with gluten sensitivities or those following gluten-free diets, thereby expanding the product's appeal to a wider consumer base.
To solidify their position in the market, companies are increasingly focusing on strategic acquisitions. By acquiring small and medium-sized enterprises (SMEs) within the industry, large multinational companies can expand their reach and strengthen their market presence, particularly in international markets. This strategy is expected to continue in the coming years, as companies look to capitalize on growth opportunities in both established and emerging regions.
Another critical aspect of market dynamics is compliance with food safety regulations. Wheat protein manufacturers must adhere to strict food safety standards to prevent contamination and ensure the safety of their products. This is crucial to maintaining consumer trust and ensuring the long-term success of wheat protein in the marketplace.
Despite these advancements, wheat protein faces strong competition from other plant-based protein alternatives. Soy protein, pea protein, and rice protein are all popular substitutes that offer different nutritional profiles and functional properties. These alternatives are commonly used in a variety of food products, including meat substitutes, protein bars, and dairy replacements. The choice of a protein substitute often depends on specific dietary needs, functional benefits, and flavor preferences. As a result, manufacturers must continue to innovate and differentiate their wheat protein offerings to maintain competitiveness in a rapidly evolving market.
Order a free sample PDF of the Wheat Protein Market Intelligence Study, published by Grand View Research.
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rupalic · 6 months ago
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Dairy Alternatives Market Analysis By Major Manufacturers and Competitive Landscape (2022 - 2028)
In recent years, the global food industry has witnessed a significant shift in consumer preferences, with a growing trend towards dairy alternatives. This transformation reflects changing attitudes towards health, sustainability, and ethical concerns. As more people choose to reduce or eliminate dairy from their diets, the demand for dairy alternatives has surged.
At a robust 10.1% CAGR, the global dairy alternatives market value is projected to reach USD 43.6 billion by 2028, up from an estimated USD 27.0 billion in 2023. In 2022, the market was valued at USD 24.6 billion. A major driver behind this growth is the increasing focus on health and wellness. Health-conscious consumers are seeking products that align with their dietary needs, and dairy alternatives such as almond, soy, and oat milk have become popular choices. These alternatives are often perceived as healthier due to their lower saturated fat content and absence of cholesterol. Moreover, many are fortified with essential vitamins and minerals, appealing to those striving for a balanced diet.
How are Dairy Alternatives Manufacturers Responding to the Rapid Growth Of the Vegan Population?
The growth of the dairy alternatives market is primarily driven by the global shift towards vegetarian and flexitarian diets. These dietary preferences have gained significant popularity, influenced by various factors such as concerns about animal welfare, environmental issues, and personal health. Veganism has emerged as a lifestyle choice that abstains from consuming animal-derived products, including dairy. The increasing worldwide condemnation of animal cruelty has further boosted the demand for dairy substitutes. Many consumers view a vegan diet as a healthy choice and opt for dairy alternatives like soy milk, almond milk, rice milk, and other plant-based options instead of traditional dairy milk.
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Significant growth in the vegan population has been observed in major economies like the United States and the United Kingdom. Consumers in developed nations embrace plant-based milk as it offers energy, health benefits, aids in weight management, and enhances the taste of food. According to The Vegan Society, avoiding meat and dairy consumption plays a crucial role in reducing the environmental impact, particularly concerning carbon emissions. Currently, the livestock industry contributes an estimated 18% to total greenhouse gas emissions across the five major sectors for greenhouse gas reporting. Within the agricultural sector, farmed animals are responsible for nearly 80% of all emissions. This environmental concern has prompted environmentally conscious consumers to shift towards dairy alternatives.
In 2021, The Vegan Society recorded 16,439 products bearing The Vegan Trademark, with over 82% of these registrations occurring in the past five years. The Vegan Trademark is now recognized in 87 countries globally, and more than half of the registered products come from companies located outside the UK. Given the rapid growth of the vegan population, numerous dairy manufacturers are transitioning towards producing plant-based milk products, which is expected to have a positive impact on the plant-based beverages market.
What strategies are companies adopting to capitalize on the fastest-growing CAGR in Europe?
The European Union is one of the biggest dairy exporters in the world. Thus, conventional dairy has a huge share in the European market as compared to dairy alternatives. However, despite the dominance of the dairy sector in the region, a surge in the growth of the dairy and plant-based alternatives sector has been observed in recent years. Many retailers and supermarket giants are adding soy drinks and rice drinks to their product shelves as they are witnessing an increase in sales of dairy alternatives. The rise in demand for dairy-free food & beverage products that are environmentally sustainable and healthy is driving the Europe dairy alternatives market.
Consumers in the European market prioritize health, as well as demonstrate awareness of animal welfare and environmental sustainability. Consequently, they frequently scrutinize product ingredients prior to making purchases. This heightened awareness has led to an upsurge in demand for low-fat and lactose-free food options. As a result, major industry leaders are shifting their focus towards acquiring other businesses and broadening their product offerings to incorporate plant-based dairy alternatives. In 2017, French dairy player Danone acquired WhiteWave Foods, a specialist in dairy alternatives. According to Fi Global Insights 2021, Germany has recently replaced the UK as the top consumer of dairy alternatives in the region.
What’s New in the Dairy Alternatives Industry?
In June 2023, Oatly Group AB (Sweden) launched a vegan cream cheese, now available nationwide in the US. This oat-based cream cheese comes in two flavors: Plain and Chive & Onion.
In April 2021, SunOpta acquired the Dream and WestSoy plant-based beverage brands from The Hain Celestial Group, Inc. This acquisition expanded SunOpta’s product portfolio, further accelerating growth in the dairy alternatives business.
Urbanization, Dietary Diversification, and Investment: Shaping the Asia-Pacific Dairy Alternatives Industry
The Asia-Pacific region is witnessing a surge in demand for fortified nutritional food and beverages, driven by busy lifestyles and rising disposable incomes. This trend is accelerating the adoption of dairy alternatives, particularly soy milk, as consumer preferences evolve. Economic growth in the region is expected to further boost the consumption of affordable and abundant soy milk. To cater to the growing interest in healthy and pasteurized dairy substitutes, food manufacturers are diversifying their soy milk offerings with unique flavors. Additionally, rising income levels, a growing middle class, heightened health awareness, and the demand for nutritional products are creating significant growth opportunities in the Asia-Pacific dairy alternatives market.
This analysis focuses on key countries within the region, including Japan, Australia, China, and India. Major players such as Sanitarium Health & Wellbeing Company, Freedom Foods Group Ltd., Vitasoy International Holdings Limited, and PureBates are central to the expanding dairy alternatives market. The sector is rapidly evolving due to urbanization, dietary diversification, and increased foreign investment in the food industry.
Insights into the Dairy Alternatives Market Report: What You Need to Know
What is the current size of the dairy alternatives sector?
What are the prevailing dairy alternatives market trends?
Are there specific insights for Oceania (New Zealand and Australia) regarding market size, key players, and growth rates?
Leading Dairy Alternatives Manufacturers
Danone North America Public Benefit Corporation (US)
The Hain Celestial Group, Inc. (US)
Blue Diamond Growers (US)
Freedom Foods Group Limited (Australia)
Valsoia S.p.A (Italy)
SunOpta (Canada)
Oatly Group AB (Sweden)
Sanitarium (New Zealand)
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