Functional Energy Drinks Market | Global Industry Review, Research, Statistics and Growth to 2023

Market Scenario:

Functional beverages are non-alcoholic beverages which aid to keep the consumer’s body hydrated and also offer additional micro nutrients which include herbs, vitamins, minerals, amino acids, or sometimes raw fruit or vegetables. Functional energy drinks is a type of functional drinks. Functional energy drinks provide vitamin B which keeps red blood cells and also aids to regulate the nervous system. Functional energy drinks is becoming a popular beverage due to its specific health benefits.

The Global Functional Energy Drinks Market is anticipated to be driven by the increasing awareness of health awareness among the consumers. Also, the advancement in product development coupled with the technological up gradation is considered is considered to be one of the significant reasons for the increasing growth of functional energy drinks market during the forecast period. Increasing disposable income of the consumers is anticipated to be one of the various factors fueling the growth of functional energy drinks market. Due to the increasing per capita income, consumers are ready to pay a premium price to acquire good quality products.

Study Objectives of Functional Energy Drinks Market:

  • In depth analysis of the market’s segments and sub-segments
  • To estimate and forecast market size by product type, packaging type, distribution channel, and region
  • To analyze key driving forces influencing the market
  • Region level market analysis and market estimation of North America, Europe, Asia Pacific, and the rest of the world (ROW) and their countries
  • Value chain analysis & supply chain analysis of the market
  • Company profiling of major players in the market
  • Competitive strategy analysis and mapping key stakeholders in the market
  • Analysis of historical market trends and technologies along with the current government regulatory requirements

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Intended Audience:

  • Functional Energy Drinks manufacturers
  • Raw material suppliers
  • End users (food industry)
  • Retailers and wholesalers
  • E-commerce companies
  • Traders, importers and exporters

Key Findings:

North America dominates the functional energy drinks market followed by Europe

Asia Pacific is projected to witness a massive growth during the forecast period of 2017-2023. China is estimated to create a favorable environment for the increasing growth of Asia Pacific region.

Segments:

Functional energy drinks has been segmented on the basis of product type which comprises of isotonic, hypertonic, hypotonic and others. Functional energy drinks market has been segmented on the basis of packaging which comprises of bottle, can, tetra pack and others. Functional energy drinks market has been segmented on the basis of distribution channel such as store based and non-store based. Store based distribution channel has been further segmented into supermarkets & hypermarkets, convenience stores, specialist retailers and others.

Regional Analysis:

The global functional energy drinks market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, North America is estimated to retain its dominance throughout the forecast period of 2017-2023. This is attributed to the increasing awareness of the healthy food habits and increasing disposable income of the consumers. Also, various new flavor and innovative products are launched by the key manufacturers in the U.S. which is anticipated to intensify the sales of functional energy drinks market in the upcoming decade. European region is estimated to account for a healthy market proportion during the review period of 2017-2023. However, Asia Pacific region is estimated to witness a maximum growth in the global functional energy drinks market during the forecast period of 2017-2023.

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Key Players:

The key players profiled in the functional energy drinks market are Tata Global Beverages (India), Red Bull GmBH (Austria), Coca cola Co (U.S.), Pepsi co Inc. (U.S.), Abbott Nutrition Limited (U.S.), Mondelez International, Inc. (U.S.), National Beverage Corporation (U.S.)

Algaecides Market | Global Industry Challenges, Key Vendors, Drivers, Trends and Forecast to 2023

Market Scenario:

Algaecides are used to kill as well as to prevent algae growth. Factors such as water, temperature, sunlight, pH, and mineral content encourage the growth of algae which has created the need for algaecides. The growth of algae in agricultural field degrades the quality of soil which has a negative impact on the agricultural production. This has led to the application of algaecide in agriculture. Moreover, they are commonly used in surface water treatment, aquaculture, and for other uses.

Algaecides are used to promote aqua life along with plant health as they destroy and prevent the algae growth in water bodies. They are applicable to agriculture, aquaculture, water surface treatment, and others. The continuous rising population is increasing the demand for high agricultural productivity which is influencing the growth of global algaecides market. Moreover, growing demand for fish is anticipated to surge the growth of algaecides in the aquaculture industry.

Change in farming practices and technology leading to increasing acceptance of modern farming and protected agriculture is boosting the growth of the algaecides market. Moreover, growing industrialization and urbanization is causing an increase in growth of algae which is further boosting the need for algaecides. Additionally, use of algaecides in sports and recreational centers is adding fuel to the growth of algaecides market. However, several environmental and health hazards caused due to algaecides is restraining the growth of the market.

Intended Audience:

  • Algaecides manufacturers
  • Aquaculture industry
  • Agriculture industry
  • Traders, importers, and exporters
  • Synopsis of Algaecides market

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Key Findings:

  • Demand for peroxyacetic acid being an eco-friendly alternative is increasing as an algaecide.
  • Asia Pacific is witnessed to be the emerging market for algaecides.

Segments:

  • Algaecides market is segmented on the basis of a type such as natural algaecides and synthetic algaecides. Among them, the synthetic algaecides segment is witnessed to be dominating the market and is projected to grow potentially over the forecast period.
  • Based on the form, algaecides market is segmented into granular, liquids, and others. The granular segment accounted for the largest market share based on its effectiveness and higher penetration in the algal cells.
  • On the basis of application, algaecides market is segmented into agriculture, surface water treatment, aquaculture, and others. Among all, the aquaculture segment is projected to be dominating the market with a potential growth over the estimated period.
  • Based on the mode of application, algaecides market is segmented into selective algaecide and non-selective algaecide. Among them, the non-selective algaecide segment is dominating the market owing to its high effectiveness and improved control at a range of algal species.

Regional Analysis:

Global Algaecides Market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the algaecides market followed by Europe. In North America, the U.S. and Canada are the major contributors to the growth of algaecides market.

Asia Pacific is the emerging market for algaecides market. Growing urbanization and industrialization in the developed countries such as India and China are influencing the growth of algaecides in this region. Moreover, in Latin America, Brazil and Mexico are majorly contributing to the growth of algaecides market.

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Key Players:

Some of the key players profiled in the global Algaecides market are The Dow Chemical Company (U.S.), BASF SE (Germany), Lonza Group (Switzerland), Waterco Limited (Australia), Sepro Corporation (U.S.), Oreq Corporation (U.S.), Biosafe Systems, LLC (U.S.)

Halal Foods & Beverages Market: Survey, Trends, Outlook, Overview and 2023 Forecast

Market Scenario:

Halal food refers to food products that comply with Islamic Sharia Law. The rule restricts the usage of pork and its by-products, blood and its by-products, consuming the meat of an animal where the name of Allah has not been pronounced before slaughter, and animal being unhealthy or dead before slaughter. The rule also restricts consumption of meat of carnivorous animals, alcohol as well as food and beverages containing alcohol.

A significant factor driving the growth of the halal foods & beverages market is the increasing demand for ready to eat food both in developed and developing economies as well as shifting consumer preference for halal products. The convenience food trend and changing lifestyle leading to evolving dietary patterns and spending habits of consumers has led to the surge in the sale of convenience food which is directly influencing the sale of halal food products. Also, increasing number of working female population in developing economies is also one of the major factors to fuel the sales of frozen halal food products.

The halal foods & beverages market offers a lucrative opportunity in the retail industry. The retail industry is observing a substantial growth over the last decade which in turn is positively impacting the overall demands of halal food & beverage products. Additionally, the enhancement of the product coupled with technological advancements is considered to be one of the significant reasons for the increasing growth of the halal foods & beverages market during the forecast period, 2017-2023.

Intended Audience:

  • Foods & beverages industry
  • Meat processing industry
  • Livestock industry
  • Raw material suppliers
  • Retailers and wholesaler
  • Traders, importers, and exporters

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Key Findings:

  • Asia Pacific region is experiencing a higher growth rate in the global halal foods & beverages market
  • The demand for halal ingredients is high from the bakery & confectionery industry

Segments:

The global halal foods & beverages market is segmented into type, category, packaging, and distribution channel.

On the basis of the type, it is segmented into bakery & confectionery, beverages, sweet & savory snacks, dairy & frozen desserts, meat & meat products, oils & fats, and others. The bakery & confectionery segment is dominating owing to increase in the demand for halal ingredients for the preparation of bakery & confectionery products. Moreover, shifting consumer preferences for convenience food has resulted in the growth of dairy & frozen desserts segment.

On the basis of the category, it is segmented into fresh, frozen and others. Among all, the fresh segment is dominating the market based on increased consumption of fresh poultry and meat products globally. However, the frozen segment is projected to witness a steady growth over the forecast period owing to shifting consumer inclination towards frozen foods.

On the basis of the packaging, it is segmented into glass, metal, plastic, paper, and others. Among all the packaging segments, the plastic sub-segment is dominating the market owing to its toughness and ease of transportation.

On the basis of the distribution channel, it is segmented into the store based, and non-store based. The store-based distribution channel is dominating the market based on the one-stop shopping experience.

Regional Analysis:

The global halal foods & beverages market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the halal foods & beverages market followed by North America. In the Asia Pacific region, China and Pakistan are the major consumers of halal foods & beverages, which, in turn, boosts the market growth in this region. Furthermore, increasing consumption of halal poultry and meat products and rapidly growing population in developing countries of Asia Pacific is giving a push to the growth of the halal foods & beverages market.

Moreover, shifting consumer preference towards halal food & beverage products in countries like the U.S., Canada, and Mexico in the North American region is projected to boost the halal foods & beverages market during the forecast period.

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Key Players:

Some of the key players profiled in the global halal foods & beverages market: American Halal Company, Inc. (U.S.), Cleone Foods Ltd. (U.K), Nestle S.A. (Switzerland), Al Islami Foods (the UAE), BRF S.A. (Brazil), QL Foods Sdn. Bhd. (Malaysia), Nema Food Company (U.S.), Beijing Shunxin Agriculture Co., Ltd. (China), Namet Gıda San. ve Tic. Inc. (Turkey), and Midamar Corporation (U.S.)

Animal Growth Promoters & Performance Enhancer’s Market | Global Industry Analysis, Future Growth, Business Prospects and Forecast to 2023

Market Scenario:

Animal growth promoters & performance enhancers are additives used to improve the quality of animal nutrition as well as support the overall performance, and growth & development of livestock. Growth promoters & performance enhancers comprise of prebiotics, probiotics, organic acids, and other essential compounds.

Animal growth promoters & performance enhancers have gained status globally, as they support in overall growth & development and performance of the livestock animals. Growing health concerns among the sizeable global population together with increasing awareness about the benefits of animal growth promoters & performance enhancers has uplifted the market growth at global level. Moreover, growing population in the developing countries has increased the demand for production of poultry, ruminants and other livestock for consumption, which has uplifted the animal growth promoters & performance enhancers market.

The global animal growth promoters & performance enhancers market is projected to be propelled by the increasing awareness regarding available health benefits to the animals from these additives. Use of phytogenics, as a growth promoter is experiencing a high demand due to the restriction on the use of antibiotics. Mass market penetration is leading to the introduction of new products based out of the prebiotic, probiotic & organic acid feed additives and their retail across various regions.

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Key Players:

Some of the key players profiled in the global animal growth promoters & performance enhancers market: Alltech, Inc. (U.S.), Merck Animal Health (U.S.), Cargill Inc. (U.S.), Zoetis Inc. (U.S.), Biomin Holding GmbH (Austria), Koninklijke DSM N.V. (the Netherlands), Elanco US, Inc. (U.S.), Chr. Hansen Holding A/S (Denmark), Boehringer Ingelheim Ltd. (U.K), and Bayer Animal Health GmbH (Germany)

Intended Audience:

  • Animal growth promoter manufacturers
  • Livestock industry
  • Raw material suppliers
  • Retailers and wholesalers
  • Traders, importers, and exporters

Key Findings:

The demand for animal growth promoters & performance enhancers is high from poultry and livestock holders

Jan 2016, Adisseo and Novozymes, two global leaders in the animal nutrition and feed additive industry, have launched probiotic for poultry, on the U.S. market as well as in a number of countries in the Middle East and South East Asia.

Asia Pacific region is experiencing a higher growth rate in the global animal growth promoters & performance enhancers market

Segments:

The global animal growth promoters & performance enhancers market is segmented into type and livestock.

On the basis of the type, it is segmented into antibiotics, hormones, probiotics & prebiotics, organic acids, phytogenics, and others. Among all, the antibiotics segment is dominating the market followed by the phytogenics segment owing to its higher use in the poultry animals for high yield, and protection from diseases.

On the basis of the livestock, it is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market based on increased consumption of poultry and meat products globally. However, the swine segment is projected to witness steady growth over the forecast period owing to increasing consumption of pork in the European countries.

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Regional Analysis:

The global animal growth promoters & performance enhancers market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the animal growth promoters & performance enhancers market followed by North America. In the Asia Pacific region, China is the major consumer of meat and meat products, this is driving the growth of animal growth promoters & performance enhancers market in this region. Furthermore, increasing consumption of poultry and meat products and rapidly growing population in developing countries of Asia Pacific is giving a push to the growth of the animal growth promoters & performance enhancers market.

Moreover, rising demand for growth promoting & performance enhancing additives for animals in countries like the U.S., Canada, and Mexico in the North American region is projected to boost the animal growth promoters & performance enhancers market during the forecast period.

Frozen Processed Meat Market | Global Industry Survey, Trends, Outlook, Overview and 2023 Forecast

Market Scenario:

Frozen Processed Meat involves basic food chemistry under which the meat is conserved by a freezing process and kept in a freezer before cooking.  Frozen Processed Meat are of various types such as beef, pork, chicken & poultry, mutton, lamb and others.

The food industry is observing a substantial growth over the last decade. Frozen food is in high demand among the consumer and frozen processed meat is one of the important part of that. The significant factor driving the growth of the frozen processed meat market is the increasing demand of high protein food among the consumer. Consumers are inclined to adopt meat to fulfil their health nutrients. Furthermore the development of the food technology is providing the extra space for the frozen food manufacturers. Apart from that, the hectic lifestyles of the people coupled with the changing dietary patterns of the consumer is further propelling the demand of frozen processed meat market in the upcoming decade. Rising number of nuclear families in developed countries coupled with the mounting migration of people from rural areas to metropolitan cities is anticipated to drive the demand for frozen processed meat in the upcoming decade. In addition, mounting growth of organized retail industry is also anticipated to be one of the important factor for increasing growth of frozen processed meat market during the forecast period. Consumers are interested to buy the products from the super markets & hyper markets instead of the normal grocery shop.

Food service industry is witnessing a healthy growth over the couple of years both in developed and developing economies which in turn offers a lucrative opportunity in the frozen processed meat market over the forecast period. Generally, food service companies purchase the product in a bulk quantity which is positively influencing the demand of frozen processed meat.

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Study Objectives of Frozen Processed Meat Market:

  • In depth analysis of the market’s segments and sub-segments
  • To estimate and forecast market size by product type, processed type, end user, distribution channel and region
  • To analyses key driving forces which are influencing the market
  • Region level market analysis and market estimation of North America, Europe, Asia-Pacific, and rest of the world (ROW) and their countries
  • Value chain analysis & supply chain analysis of the market
  • Company profiling of major players in the market
  • Competitive strategy analysis and mapping key stakeholders in the market
  • Analysis of historical market trends and technologies along with current government regulatory requirements

Key Players:

The key players profiled in the frozen processed meat market are Marfrig Group (Brazil), Kerry Group plc. (Ireland), BRF S.A. (Brazil), Associated British Foods Plc (U.K), Pilgrim’s Pride Corporation (U.S.), Cargill Incorporated (U.S.), Tyson Foods, Inc. (U.S.)

Intended Audience:

  • Frozen Processed Meat manufacturers
  • Raw material suppliers
  • End users (food industry)
  • Retailers and wholesalers
  • E-commerce companies
  • Traders, importers and exporters

Key Findings:

  • Europe dominates the frozen processed meat market followed by North America
  • Asia-Pacific is the fastest growing region in the frozen processed meat market. India and China has shown huge potentials for frozen processed meat market

Segments:

Frozen processed meat market has been segmented on the basis of product type which comprises of beef, pork, lamb, chicken & poultry, mutton and others. Among all the segments, beef accounts the maximum market proportion in the global Frozen Processed Meat market. Rise in the availability of cattle in the various countries such as Argentina, Uruguay, and Australia is anticipated serve a lucrative opportunity among the meat manufacturer. Apart from that, beef is economical as compare to the mutton.

Frozen processed meat has been segmented on the basis of processed type which comprises of cured, uncured and others.

Frozen processed meat has been segmented on the basis of end user which includes food service, retail customers. Food service segment will witness higher growth rate than the retail customers over the forecast period.

Frozen processed meat has been segmented on the basis of distribution channel which comprises of store based and non-store based.

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Regional Analysis:

The global frozen processed meat market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, Europe region is expected to retain its dominance throughout the forecast period. The market is projected to grow at a steady pace in the review period. Asia-pacific will be the fastest growing region in the frozen processed meat market and high growth in emerging economies such as China, India, Japan and ASEAN countries. Latin American countries, offers ample opportunities for expansion to major players. Middle East region is projected to be one of the lucrative place to enhance the business of frozen processed meat.

Bioactive Ingredients Market Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2023

Market Scenario:

Bioactive ingredients are extra-nutritional constituents that are found in small quantities in foods providing health benefits beyond the basic nutritional value of the product. They can be sourced from plants, animals or can be synthetically produced. Bioactive ingredients, though not essential for the sustainability of the body but lead to better health. They are present in small quantities in foods and affect the body. For instance, apart from nutrients milk also provides several physiological benefits, especially from the bioactive peptides encrypted within the protein, released upon digestion. These peptides demonstrate many bioactivities such as antioxidant, hypotensive, hypocholesterolemic, anticancer and immunomodulation properties, and many others.

Bioactive ingredients are experiencing a growing interest in wide range of applications including functional foods, functional beverages, dietary supplements, animal nutrition, and others. Growing health-conscious population followed by their inclination towards healthy diet is driving the growth of bioactive ingredients market. Busy work schedule of the growing working population is influencing the growth of functional foods and beverages industry which in turn results in increased demand for bioactive ingredients market.

Furthermore, growing application of bioactive ingredients in the cosmetic industry to enrich the personal care products with various vitamins and minerals is boosting the growth of the market. However, the major challenge faced in this market is the protection of bioactive compounds during food processing. Nevertheless, microencapsulation and other technological advances hold promise to mask bitter taste and off-odors, preserve the integrity of nutrients, and deliver bioactive ingredients.

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Major Key Players:

Some of the key players profiled in the Global Bioactive Ingredients Market:  Cargill Inc. (U.S.), Archer Daniels Midland Company (U.S.), Koninklijke DSM N.V. (The Netherlands), AJINOMOTO CO. INC (Japan), Ingredion Incorporated (U.S.), FMC Corporation (U.S.), Arla Foods (Denmark), DuPont (U.S.), BASF SE (Germany), Roquette (France)

Key Findings:

Demand for caffeine as a bioactive ingredient is witnessed to be growing steadily over the forecast period

Cosmetic industry is uplifting the growth of bioactive ingredients through high consumption in personal care products

Segments:

Bioactive ingredients market is segmented on the basis of type, which includes prebiotics & amino acids, vitamins & minerals, carotenoids & antioxidant, phytochemical & plant extracts, peptides & proteins, and others. Among all, the phytochemical & plant extract segment is witnessed to be growing substantially over the forecast period. Moreover, the vitamins & minerals segment is anticipated to have a steady growth based on growing consumption in cosmetic industry over the estimated period.

On the basis of the source, the bioactive ingredients market is segmented into plant, animal, and other sources. Among them, the plant segment is projected to be leading the market share followed by the animal segment.

On the basis of application, bioactive ingredients market is segmented into functional foods, functional beverages, dietary supplements, animal nutrition, and others. Among all, the dietary supplement segment is witnessed to be dominating the market. However, increasing consumption of functional beverages in developed countries is influencing the growth of functional beverages segment over the noticed period.

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Regional Analysis:

The global bioactive ingredients market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the bioactive ingredients market followed by Europe. High inclination of the U.S. population towards consumption of dietary supplements is driving the growth of bioactive ingredients in North America. In Europe, change in lifestyle where people are more concerned with their personal health and wellbeing is driving the growth of the market.

Asia Pacific is witnessed to gain a substantial growth over the forecast period owing to increasing consumer awareness and high inclination towards healthy products. Moreover, technological advancement will surge the growth of bioactive ingredients in the rest of the world among which Brazil is projected to be the main contributor.

Virgin Coconut Oil Market Size, Share, Statistics, Trends, Strategy, Segmentation Analysis and Forecast to 2023

Market Scenario:

Coconut oil is an edible oil extracted from the kernel or meat of the matured coconuts from the coconut palm. Indonesia and Philippines are the two key coconut producers all across the globe and India captured the third place. The coconut oil which is extracted from coconut has significant usage in personal care, food and various industrial sectors. Apart from this, it is also utilized in healthcare industry especially by diabetic patients as it helps in appropriate utilization of blood glucose. Besides ordinary coconut oil which is extracted from coconut, there has been an increase in the demand for virgin coconut oil. The virgin coconut oil is generally extracted from fresh coconut milk procured from 12 months of pollination of coconut either by natural or by mechanical techniques. It is rich in fatty acid and includes nutrients such as vitamins, minerals and antioxidants. No chemical processing, or bleaching is used in the extraction of virgin coconut oil. This product is gaining traction all over the world as nutraceutical food oil and is getting popular amongst health conscious people.

The global virgin coconut oil market is expected to be driven by the rising prevalence of diseases among the consumers both in the developed and developing economies which is enforcing consumers to shift towards healthy and nutritional food consumption. Virgin coconut oil is expected to experience high demand from consumers with higher health consciousness and as well as aging population. Also, increasing consumer expenditure on functional food and beverages as well as health benefits in terms of proper nourishment of skin and hair is estimated to strengthen the demand for virgin coconut oil over the forecast period. Increasing consumption of omega fatty acid will generate more demand for virgin coconut oil, thus increasing the growth of this market. The market players are responding to these new opportunities by expanding their service offerings and product lines, which has fueled up the share of virgin coconut oil in the global market. High nutritional benefits such as vitamins, minerals, antioxidants, and others obtained from this product are also supporting the sale of virgin coconut oil globally. Additionally, the augmentation of the product development together with research advancements is other significant reasons for the increasing growth of virgin coconut oil market. Hence, along with changing consumer preferences, the growth of global virgin coconut oil market is significantly increasing during the forecast period of 2017-2023.

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Major Key Players:

Some of the key players in the Virgin Coconut Oil Market: Barlean’s (U.S.), Hain Celestial (U.S.), Nutiva, Inc. (U.S.), Healthy Traditions (U.S.), NMK Holdings (Pvt) Ltd. (Sri Lanka), Greenville Agro Corporation (Philippines), SUN BIONATURALS (INDIA) PRIVATE LTD. (India)

Intended Audience:

  • Virgin Coconut Oil Manufacturers
  • Raw Material Suppliers
  • Food & Beverages Industry
  • Healthcare Companies
  • Personal Care Industry
  • Retailers, Wholesalers
  • E-commerce Companies
  • Traders, Importers and Exporters

Key Findings:

Increasing usage of coconut oil is in turn increasing the demand for virgin coconut oil.

Asia Pacific is the dominating region for the market of virgin coconut oil followed by North America.

Market Segments:

The global virgin coconut oil market is segmented on the basis of type, such as organic, and inorganic. Organic segment from this market is increasing the demand of the virgin coconut oils as organic food products are healthier than normal food products.

On the basis of application, the market is segmented into cooking, cosmetics, healthcare, and others. Increasing demand for food products is helping to drive the growth of this market.

On the basis of distribution channel, the market is segmented into store based such as supermarkets & hypermarkets, specialty stores, food processing industries, and others, and non-store based. Hypermarkets and supermarkets in the store based segment account for major share of this market due to more varieties and increasing number of these store based markets.

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Regional Analysis:

The global virgin coconut oil market is regionally segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Asia Pacific accounted for the largest revenue share in virgin coconut oil market globally and is estimated to retain its dominance in this market during the forecast period i.e. 2016-2023. The region is the largest producer and exporter of virgin coconut oil to other geographical regions. There is about 60%-70% of value addition in coconut oil happening in Philippines which will help the market grow over the forecast period. Asia Pacific is followed by North America due to the new product development by the key manufacturers of virgin coconut oil which is projected to be one of the significant reasons for the rising growth of virgin coconut oil products. However, Asia Pacific region is estimated to witness a maximum growth in the global virgin coconut oil market over the forecast period 2017-2023.

Mold Inhibitors Market Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2023

Market Scenario:

Mold inhibitors are compounds which are added to products such as food, beverages, pharmaceutical drugs, cosmetics, and other products to restrict their spoilage from fungal growth. These preservatives are natural or synthetic in nature and used to increase the shelf-life of food products. It is added to the food product in small quantity as a preservative.

The global mold inhibitors market is growing due to rising consumer awareness and their increasing interest in healthy eating pattern, thus, increasing the demand for food preservatives. In addition to increasing demand for convenience food, foods & beverages, bakery & confectionery, meat & meat products, and other food products are expected to drive the growth of the mold inhibitors market. Additionally, value-added benefits such as prevention of food spoilage and lengthier shelf-life associated with the use of mold inhibitors are also supporting the sale of mold inhibitors globally.

Furthermore, the global mold inhibitors market is increasing due to high demand for food preservatives in the bakery & confectionery industry. Additionally, the development of new product coupled with scientific advancements is considered to be one of the major reasons for the increasing growth of the mold inhibitors market during the review period.

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Key Players:

Some of the key players profiled in the global mold inhibitors market: E. I. du Pont de Nemours and Company (U.S.), Associated British Foods Plc (U.K), Kemin Industries, Inc. (U.S.), Niacet Corporation (U.S.), Archer-Daniels-Midland Company (U.S.), BASF SE (Germany), Eastman Chemical Company (U.S.), Handary SA (Belgium), Koninklijke DSM N.V. (the Netherlands), and Hawkins Watts Limited (New Zealand)

Key Findings:

Asia Pacific region is found to be an emerging market for mold inhibitors

Natural mold inhibitors have a significant opportunity in the foods and beverages industry

Aug 2017, Corbion has launched the meat industry’s first clean-label antimicrobial product that rivals potassium sorbate for mold inhibition, even in applications most vulnerable to mold.

Segments:

The global mold inhibitors market is segmented into type, source, and application.

On the basis of the type, it is segmented into natural, and synthetic. Among the both, the synthetic type holds the major market share owing to its wide range product applicability and low cost. However, the increased awareness on the side-effects of synthetic mold inhibitors, a high demand for natural mold inhibitors is observed over the forecast period.

On the basis of the source, it is segmented into plant, animal, micro-organism, and others. The animal segment is dominating the market. Economical price and ease of handling have uplifted the demand for plant-derived mold inhibitors.

On the basis of the application, the mold inhibitors market is segmented into foods & beverages, animal feed, pharmaceuticals, cosmetics & personal care, and others. Among all, the foods & beverages segment is dominating owing to the high use of mold inhibitors in bakery and confectionery products for extending the shelf-life.

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Regional Analysis:

The global mold inhibitors market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the mold inhibitors market followed by Asia Pacific. The U.S. registered for a higher consumption of mold inhibitors owing to increasing awareness about the benefits of using mold inhibitors to extend the products shelf-life. Additionally, increasing demand for convenience foods and food products with a longer shelf-life is majorly driving the market growth in this region.

Also, growing consumer awareness and inclination towards natural mold inhibitors are experiencing a huge demand in the North American market. Furthermore, increasing demand for mold inhibitors in bakery & confectionery products in developing countries such as India, China, and Japan are likely to boost the growth of the mold inhibitors market during the forecast period.

Carbohydrase Market | Global Industry Analysis, Size, Share, Growth, Key Players Profile and Regional Analysis by Forecast to 2023

Market Scenario:

Carbohydrase are used for the breakdown of complex sugars into simpler or shorter monomer sugar units. It helps to convert the relatively cheap starch syrup into sugar syrup which is more valuable. The most commonly used carbohydrase include amylases, cellulases, pectinase, lactase, and others. They are applicable in various industries including food & beverages, animal feed, pharmaceuticals, and others. In animal feed, carbohydrase is mainly used to improve the digestibility of carbohydrates in feed.

Globally, carbohydrase is witnessing a high demand. Carbohydrase is witnessing an increased application in sports drinks and the growing demand for sports drink is boosting the growth of carbohydrase market. Moreover, growth of carbohydrase in the pharmaceutical industry will propel the carbohydrase market growth.

Growing dairy, bakery and alcohol markets is increasing the application of carbohydrase in these industries and in turn driving the growth of carbohydrase market. Moreover, rising population suffering from lactose intolerance is also influencing the growth of lactase in dairy industry resulting to overall growth of carbohydrase market. Additionally, carbohydrase mainly helps to reduce feed cost along with improvising the livestock performance which is acting as a major driver for carbohydrase in animal feed industry. Apart from these advantages, the growth of carbohydrase market may be hampered owing to their inefficiency to act at high pH values.

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Major Key Players:

Some of the key players profiled in the global Carbohydrase Market: DuPont (U.S.), Royal DSM (The Netherlands), Novozymes (Denmark), Amano Enzyme Inc. (China), AB Enzymes Gmbh (Germany), Advanced Enzymes (India), Specialty Enzymes (China)

Key Findings:

Carbohydrase is anticipated to have potential application in poultry feed over the coming years

In dairy industry, lactase is gaining high popularity among the types of carbohydrase

Segments:

The global carbohydrase market is segmented into type, source and application.

On the basis of the type, the carbohydrase market is segmented into amylases, cellulases, pectinase, lactase, and others. Among them, the amylases is the most frequently used carbohydrates followed by the cellulases. However, the lactase is estimated to be the fastest growing segment based on the growing demand for lactose free products.

Based on the source, carbohydrates market is segmented into microorganisms, plants, and animals. Among them, the microorganism segment is anticipated to be dominating the market followed by the animal segment.

On the basis of the application, the carbohydrase market is segmented into food & beverages, animal feed, pharmaceuticals, and others. Among all, the food & beverage segment is dominating the market owing to the increasing application of carbohydrase in bakery, dairy, and beverage industry. However, the animal feed segment is witnessed to gain a substantial growth over the forecast period.

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Regional Analysis:

The global carbohydrase market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the market followed by Europe. Asia Pacific is the fastest growing region for carbohydrase market in which emerging markets of India and China are the major contributors. Growing dairy industry in this region is driving the growth of the market.

In North America owing to the busy work schedule, majority of the population prefer wraps, rolls and pocket sandwiches, driving the growth of bakery products in this region which in turn boosts the carbohydrase market. In Europe, the U.K, Germany, and France are the major contributors to carbohydrase market. Increasing consumption of carbohydrase in various industries including pharmaceuticals will boost the growth of carbohydrase in rest of the world.

Food Amino Acids Market Significant Profits Estimated to be generated by 2023 with Leading Company Profiles

Market Scenario:

Food Amino Acids are ingredients that are used across various sectors of the food industries. Food amino acids are mainly used as a food additive as it enhances the flavor. It also acts as antioxidants and imparts energy to the body. The high nutritional value obtained from the amino acids make its demand high in Nutraceuticals and dietary supplements segments. The increasing intake of protein ingredients in food products by the consumers is found to influence the growth of the market.

Increasing demands for innovative food products with high nutritional value has a major impact on the Food Amino Acids market. The high demand for processed food products is influencing the growth of Food Amino Acids market as a key ingredient. The developing technologies in the food sector has helped in fueling up the market share of the product. Shift in the consumption pattern backed up by raising health consciousness amongst the consumers has led to the growing share of food amino acids globally.

The plant based food amino acids from the natural source segment is calculated to increase at higher rate based on raising consumer’s preference towards products obtained from natural sources. Based on the types of food amino acids, the share held by glutamic acid is found to escalate due to the wide application of the product as a flavor enhancer. The application of food amino acids as nutraceuticals holds a major and prominent share followed by dietary supplements.

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Key Players:

The key players profiled in the Global Food Amino Acids Market are Ajinomoto Co., Inc. (Japan), Archer Daniels Midland Company (U.S.), Prinova Group LLC (U.S.), Brenntag AG (Germany), CJ Cheil Jedang (South Korea), Kyowa Hakko Kirin Co., Ltd (Japan), Evonik Industries (Germany), Sumitomo Chemical Co., Ltd (Japan), Sigma-Aldrich Corporation (U.S.), Amino GmbH (Germany)

Key Findings:

  • Application of the product as a food additive is evaluated to grow at a steady rate
  • Top five exporters of Food Amino Acids include Germany, Japan, China, Netherlands and U.S.

Study Objectives of Food Amino Acids Market:

  • Detail analysis of the market’s segments and sub-segments
  • To estimate and forecast market size by Source, Type, Application and Region
  • To analyze key driving forces which are influencing the market
  • Region level market analysis and market estimation of North America, Europe, Asia, and Rest of the world (ROW) and their countries
  • Value chain analysis & supply chain analysis of Food Amino Acids
  • Company profiling of major players in the market
  • Competitive strategy analysis and mapping key stakeholders in the market
  • Analysis of historical market trends and technologies along with current government regulatory requirements

Market Segments:

  • Food Amino Acids product has been segmented on the basis of Source which comprises Natural (Plants, Animals) and Synthetic sources. The natural-sourced food amino acid is found to hold a major share due to high consumer’s preference for natural food products.
  • Food Amino Acids product has been segmented on the basis of Type which comprises Glutamic Acid, Valine, Tryptophan, Leucine, Methionine, Phenylalanine, Lysine, Others. Glutamic Acid holds a lion’s share based on the wide application in food sector.
  • Food Amino Acids has been segmented on the basis of Applications which comprises Food Additives, Dietary Supplements, Nutraceuticals, Infant Food Formula, Pharmaceuticals, Others. The Nutraceutical segment is growing at a higher growth rate.

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Regional Analysis:

The Global Food Amino Acids Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia-Pacific region has the major market share followed by North America. Developing economy has led to changing consumer’s preference and has made consumers more health conscious due to which Asia-Pacific is projected to generate a high revenue during the given forecast period. The Major importers of Food Amino Acids include China, Netherlands, Belgium, Indonesia and U.S. Based on the increasing consumption of processed and convenience food, the import and export in the developed countries is found to raise at a steady growth rate.