Gelatin Market is Estimated to Reach a Production Capacity of 450.7 kilo tons by 2018, Expanding at 6.75% CAGR From 2012-2018

Gelatin is a brittle, colorless, water soluble, translucent substance with high molecular weight. It is a rich source of protein derived from collagen present in animals such as bovines, pig, sheep and fish. Gelatin is viscous semi-solid gel; its general composition includes 85% to 90% protein, 2% to 4% mineral salts and 8% to 12% water. Edible gelatin is the most common form available that does not contain additives or preservatives. Non-edible gelatins are used mostly in cosmetics and photography.

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The growing application in food & beverage, pharmaceuticals and nutraceuticals industries is a key factor responsible for the growing demand for gelatin. The growing awareness among the health conscious people supplemented with the rise in aged population is expected to further fuel the gelatin market growth. However, being an animal derived product, gelatin market faces barriers due to cultural choices and regulatory restrictions, which could hinder the demand for gelatin over the forecast period.

Pig skin consists of large amounts of collagen; hence it was used for manufacturing gelatin on a large scale. Pig skin accounted for over 42% of the market share that was utilized in manufacturing gelatin. Bones and bovine hides were the two largest raw material segment that accounted for over 55% of market share. Bone is the fastest growing raw material segment as bones of pigs and cows consists of large quantities of collagen.

In recent years, usage of gelatin has increased steadily in food and nutraceuticals industries. This is due to the rise in demand for low fat, healthy and high protein food, particularly among the health conscious people. Food & beverage application segment accounted for over 28% of the gelatin market share while nutraceuticals, the second largest application market, accounted for over 25%.

Europe was the largest consumer of gelatin in 2011 and accounted for over 40% of the global production in 2011. The implementation of stringent regulatory policies in Europe in context to the control of BSE (Bovine Spongiform Encephalopathy) helped the gelatin market grow. Europe was followed by North America in terms of volumes of gelatin manufactured and accounted for over 23% of the global production in 2011. Germany and France were the primary consumers of gelatin in Europe, together, accounting for over 50% of the Europe’s consumption. China is expected to register the fastest growth among all regions owing to the stimulus offered by the government for development of infrastructure in the region.

The gelatin market is concentrated in nature with the top five companies accounting for 70% of the market share in 2011. Rousselot S.A.S was the largest manufacturer of gelatin in 2011 and accounted for over 26% of the market share by volume. Gelita AG and PB Gelatin were the next largest companies in the gelatin market, together, accounting for over 34% of the market share in 2011. Both these companies provide excellent after sales service to their customers. The other key players in the gelatin market include Sterling Gelatin, Weishardt Group among others

Forage Feed Market is Expected to be Worth US$162.87 bn by 2019, Expanding at a CAGR of 11.4% from 2013 to 2019

Forage consists of grasses, herbaceous legumes, tree legumes, silage, green feed and hay. Nearly 200 plant species have been known as forage crops. The market for forage is segmented as fresh forage and stored forage. Fresh forage provides the highest quality and the most palatable feed possible. Stored forage is harvested as hay and can be chopped and packed in plastic bags. Benefits from forage crops are not just limited to livestock production. They also contribute to food crop production by conserving soil, landscape and wildlife, protecting the environment from pollution, and revegetating and reclamation of degraded land. They are also sources of high quality proteins for medical and pharmaceutical products. The global forage feed market in terms of revenue was valued at USD 85.06 billion in 2013.

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Different kinds of forage crops can be classified as permanent meadows, temporary meadows, annual crops and crops. Permanent meadows mainly consist of perennial legumes and grasses. Here, the land used to grow forage is used for a period of five years or more. These are harvested manually or grazed. In temporary meadows the land used to grow forage is used for a period of less than five years. These forage crops either grow in the wild or are cultivated. Annual crops are high production grains such as wheat, sorghum and maize. Crops are both forage and subsistence such as cowpea and sorghum.

The market for forage feed by product type in 2013 was majorly dominated by stored forage and accounted for 41.51% of the total market share. In future stored forage is likely to lose its market share slightly due to increasing health conscious among consumers regarding animal health. Others kind of forages combined together had around 20% of the market share.

In terms of livestock, the market for forage feed was dominated by poultry accounting for 33.1% of market share in 2013. This is followed pork/swine contributed close to 29% of the market share in terms of revenue. Cattle comparatively accounted for lower share but in future market share is expected to increase due to multiple benefits such as transportation, milk, beef and leather uses from cattles.

Forage feed manufacturing has a global reach. In terms of volume Asia Pacific accounted for more than 30% of the overall market share in 2013 and it is expected to maintain its dominance for the next six years. This is driven by rising population, increasing disposable income and progressive urbanization in Asia Pacific. Europe accounts for around 30% of the forage feed market share. North America and RoW have the remaining market share.

Some of the major players of the market areTriple Crown Nutrition, Inc., Standlee Hay Company, Inc., Cargill, Incorporated, Baileys Horse Feeds, Semican Inc., The Pure Feed Company Limited and J. Grennan and Sons.

Omega 3 Ingredients in High Demand as Awareness of Health Benefits Increases, reports TMR

Koninklijke DSM N.V., BASF SE, and Croda International Plc. – the three leading companies for omega 3 ingredients in 2014 – held a collective share of 48.2% in terms of market value. Most of the key omega 3 ingredients manufacturers have been in the market for a long time and possess a history of business consolidation through various business strategies and mergers and acquisitions.

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As stated in a research report released by Transparency Market Research, the competitive intensity in the global market for omega 3 ingredients is expected to remain very high till 2021. The market is extremely concentrated in developed economies and relatively sparser in emerging ones. Additionally, the key players hold a large part of the market share, leaving little scope for regional players or new entrants to prosper in the market. The overall threat from new entrants is also expected to remain very low over the coming years, owing to the high entry barriers and the overall lack of consumer awareness in untapped regions.

The global market for omega 3 ingredients is expected to generate a revenue of US$7.49 bn by 2021. It is projected at a CAGR of 15.2% from 2015 to 2021 and is predicted to reach US$3.70 bn before the end of 2016. Supplements and functional foods have consistently been the leading application segment in omega 3 ingredients. By the end of 2021, this segment is expected to accrue a total revenue of US$3.91 bn.

North America Pushes Demand for Omega 3 Fatty Acids

By the end of 2021, North America is expected to generate US$3.62 bn in revenue from the demand for omega 3 ingredients. It is the dominant region in the world for EPA/DHA consumption since quite a few years and is expected to remain at the top till 2021. A large portion of this region’s omega 3 ingredients demand comes from supplements and pharmaceuticals, but there is a strong growth rate in the demand for omega 3 ingredients in infant formula as well.

Comparatively, the demand for omega 3 ingredients in Europe is much lower due to a lower rate of awareness. The awareness level reduces even further in the case of Asia Pacific. However, both regions are showing immense potential due to a gradual improvement in the flow of nutritional information within urban areas.

Omega 3 Ingredients Demand Spurred by Growing Health Concerns

“At the moment, the primary driver boosting the demand for omega 3 ingredients is the growing level of concern over physical health. People are becoming increasingly aware of the high rate of diseases such as cancer and asthma around the world and are looking for ways to mitigate the risks of contracting them. One of the proven ways to do so is the regular consumption of DHA/EPA. Both fatty acids are known to reduce the chances of a person falling prey to prostate or skin cancer, and are also known to abate bronchial inflammation and asthma,” states a TMR analyst.

The growing consumer awareness is attributed to the increasing marketing efforts put in by nutrition companies, along with the release of scientific research which proves the benefits of consuming omega 3 fatty acids.

EPA/DHA Consumption Still Marred by Low Awareness

There is still, however, a large percentage of population in the world that is not aware of the benefits of omega 3 fatty acids. They still cannot differentiate between fatty acids that are beneficial or harmful when consumed. The overall public opinion of all fatty acids therefore remains negative. This can be dismissed by increasing awareness efforts through drives and other activities.

“Manufacturers of omega 3 ingredients can look to Asia Pacific for future endeavors. This region is ripe with a large number of consumers in urban areas that have positive disposable income. As the awareness of omega 3 fatty acid benefits spread, so will the demand for them in this region,” adds the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Omega 3 Ingredients Market By Application (Supplements and Functional Foods, Pharmaceuticals, Infant formula, Pet and Animal Feed) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.”

Key Takeaways:

• Global demand for omega 3 ingredients expected to fetch US$7.49 bn in revenue by 2021.
• Total revenue in supplements and functional foods by 2021 expected to reach US$3.91 bn.
• North America expected to generate US$3.62 bn in omega 3 ingredients revenue by 2021.

Calcium Propionate Market:High Demand in F&B Sector Attributed to Shifting Consumption Patterns, reports TMR

Perstorp Holding AB, Niacet Corporation, and Kemira were three of the key manufacturers and distributors of calcium propionate in 2015. The top players in the global calcium propionate market held a share of nearly two-thirds in value in 2014 and includes the above three names.

As per a research report recently published by Transparency Market Research, the top players in the global calcium propionate market possess a very strong distribution chain across key regions of the world. Companies such as Perstorp Holding also keep a diverse product offering to remain independent of one product in terms of revenue generation. A lot of the players in this market are primarily focused towards providing calcium propionate to bakeries.

The global market for calcium propionate is expected to reach US$480.3 mn by the end of 2023. Its revenue is projected at a CAGR of 4.9% from 2015 to 2023 and is predicted to be valued at US$343.6 mn by the end of 2016. The function of calcium propionate as a preservative has found a massive scope of applications in bakeries. By the end of 2023, the application segment of bakery in the global calcium propionate market is expected to reach a revenue of US$270.3 mn.

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Europe has been the steadiest in its demand for calcium propionate over the years. By the end of 2023, Europe is expected to generate a revenue of US$175.9 mn in its demand for calcium propionate. A large part of this revenue is attributed to the growing demand for ready-to-eat foods and preserved foods in France, the U.K., and Italy. The consumption of calcium propionate in Europe has also been boosted by the restrictions on other preservatives by REACH.

Meanwhile, Asia Pacific is expected to show a high demand for calcium propionate over the coming years. This region is showing a greater preference towards calcium propionate due to the ban on several antibiotics in various applications. North America is expected to show a sluggish growth in its demand for calcium propionate till 2023.

Demand for Convenience Foods, Consequently Calcium Propionate, on the Rise

“A very common factor visible in all nations is an increasingly busy lifestyle of the working class. A large number of people are invested in this lifestyle and therefore need forms of sustenance that are primarily easy to eat. This massive demand for preserved foods, ready-to-eat foods, and canned foods is proportionately calling for a greater volume of preservatives. At the moment, calcium propionate is a solid option for most foods and especially bakery products,” states a TMR analyst.

Calcium propionate is great as an anti-microbial preservative and can be a solid answer to the rising concerns over food-borne illnesses and related health issues. Consumer are increasingly aware of the possibility of contracting several diseases through consumption of unsafe food, thereby creating a higher demand for preservatives and anti-microbial additives. The case falls in the favor of calcium propionate even further due to its relative cost-effectiveness in manufacturing.

Growing Demand for Fresh and Organic Foods Hampers Calcium Propionate Demand

There is currently a high demand for fresh foods that are devoid of preservatives and additives, owing to the health concerns linked to their consumption. Consumers are steadily shifting their preference towards fresh foods and consequently creating a fall in the demand for calcium propionate and other preservatives. This restraint is expected to have a medium level impact on the global calcium propionate till 2023.

“The use of calcium propionate over sodium propionate can be a key factor that helps increase the demand for the former over the coming years. Additionally, globally prominent manufacturers of calcium propionate can now look to emerging economies from the Asia Pacific for massive volumes of demand and future opportunities,” adds the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Calcium Propionate Market by Application (bakery, dairy, meat processing, animal feed and others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Key Takeaways:

• The applications of calcium propionate in the bakeries is expected to reach US$270.3 mn globally by 2023.
• Europe is expected to continue leading the demand for calcium propionate, which is expected to reach US$140 mn by 2023 in revenue.
• The global market for calcium propionate is expected to achieve an overall revenue US$480.00 mn.

Mixed Tocopherol Market is Expected to Reach US$3 bn by 2024

The global mixed tocopherols market is led primarily by BASF SE, Archer Daniels Midland Company, and DSM N.V. According to Transparency Market Research, sustained focus on R&D has been a key tactic for success in the global mixed tocopherols market and is likely to remain so in the coming years. Large companies such as BASF SE are also concentrating on acquisition and collaboration opportunities in order to expand their regional presence and product catalog.

The annual revenue of the global mixed tocopherols market stood at more than US$2 bn in 2015 and is likely to rise to more than US$3 bn over the 2016-2024 forecast period. This represents a steady CAGR of 4.60%.

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Animal Feed to Remain Leading Application of Mixed Tocopherol

By application, the report segments the global mixed tocopherols market into dietary supplements, pharmaceutical, animal feed, and others. Of these, the application of mixed tocopherols in animal feed was the leading contributor to the global industry in 2015. Despite a steady rise in the application of mixed tocopherols in pharmaceutical products and dietary supplements, animal feed is likely to remain the leading application segment of the global mixed tocopherols market in the coming years. The revenue of the segment is expected to rise to close to US$1.2 bn by the end of 2024, illustrating its dominant share in the global mixed tocopherols market.

Of the various types of tocopherols used in mixed tocopherol products, gamma tocopherol was the leading revenue generator in 2015. This is partly due to the higher prevalence of gamma tocopherol in corn and soybean, which are more commonly used for commercial production of tocopherols than other sources. Gamma tocopherol is likely to remain the key contributor to the global mixed tocopherol market in the coming years, with the segment’s annual revenue expected to rise to more than US$1.2 bn by the end of 2024.

Europe, where the flourishing pharmaceutical and food and beverage industries have driven the demand for human consumption of tocopherol, is the leading regional market for mixed tocopherol products. It is expected to retain its dominance in the global market in the coming years in spite of the strong growth prospects for the market in Asia Pacific, where the rising middle class has exhibited an increased demand for modern dietary and cosmetic products.

Rising Health Awareness Drives Demand for Dietary and Pharmaceutical Mixed Tocopherol Products

One of the key drivers for the global mixed tocopherols market is the increasing demand for dietary supplements, driven by the rising health awareness of consumers. The vitamin E activity of tocopherols has thus led to a steadily growing demand for supplements, which are becoming a popular mode of dietary intake of nutrients in times when many consumers don’t have the time to prepare nutritious and elaborate meals.

“Apart from their dietary use, mixed tocopherol products are also being used in an increasing number of cosmetic products due to their vitamin E activity,” said TMR’s lead analyst. Vitamin E is an effective antioxidant and thus of great use in cosmetic products. The rising prevalence of skin problems, particularly in developed countries, is thus likely to remain a key driver for the global mixed tocopherols market in the coming years.

Shortage of Raw Materials and Increasing Prices Restrain Mixed Tocopherols Market

The key restraints on the global mixed tocopherols market are the increasing prices of feedstock and vital gaps in the demand and supply chain due to shortage of feedstock. The low availability of soybean oil distillate is a key constraint on the global mixed tocopherols industry, as soybean is a key feedstock used in the production of mixed tocopherol products.

The high manufacturing costs of mixed tocopherol products, which can be attributed to the complexity of the processes required to process soybean, are another important restraint on the market. However, the sustained research efforts aimed at discovering new processes for the production of tocopherols from alternate feedstock are likely to bear fruit in the coming years, making participation in the industry easier for new entrants and boosting the profit margins of existing market players.

The information in this preview comes from a Transparency Market Research report titled ‘Mixed Tocopherol Market (Product - Alpha Tocopherols, Beta Tocopherols, Gamma Tocopherols, Delta Tocopherols; Application - Pharmaceuticals, Dietary Supplements, Animal Feed) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.’

The global mixed tocopherols market is segmented as follows:

Global Mixed Tocopherol Market, by Product Type

• Alpha Tocopherols
• Beta Tocopherols
• Gamma Tocopherols
• Delta Tocopherols
• Others

Global Mixed Tocopherol Market, by Application

• Pharmaceuticals
• Dietary Supplements
• Animal Feed
• Others

Global Mixed Tocopherol Market, by Geography

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

Nutraceuticals Product Market in Latin America is Poised to Register a Positive 4.2% CAGR between 2007 & 2017

The Latin America nutraceutical products market is likely to grow smoothly in the coming years due to the conducive environment created by the rising health awareness among the region’s population. According to Transparency Market Research, the Latin America nutraceuticals market is expected to exhibit a steady 4.20% CAGR from 2007 to 2017, with the market’s valuation is expected to rise to US$7.8 bn by the end of 2017.

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Rising Demand for Protein and Vitamin Supplements to Ensure Dominance of Dietary Supplements Segment

By product type, the Latin America market for nutraceutical products is segmented into functional food, functional beverages, and dietary supplements. Of these, dietary supplements are the leading contributor to the Latin America nutraceuticals market and are likely to retain the dominant position till the end of 2017. Within dietary supplements, proteins and peptides are the key revenue generator for the Latin America nutraceuticals industry, followed by vitamins and minerals, herbals, and non-herbals. Apart from dietary supplements, the functional beverages segment is also likely to exhibit rapid growth over the forecast period due to the convenience of adding nutritional compounds to beverages.

Geographically, Brazil is likely to be the leading contributor to the Latin America nutraceuticals market, and is expected to hold a share of 24.4% in the Latin America market by the end of 2017. “The steady rise of the urban middle class in Brazil is crucial for the Latin America nutraceuticals market, as it is an informed demographic with sufficient purchasing power to make an impact on the overall market,” said TMR’s lead analyst. The rapid urbanization in other countries such as Argentina, Chile, Colombia, and Venezuela is also likely to be a key driver for the Latin America nutraceuticals market in the coming years.

Rising Costs of Healthcare to Drive Demand for Nutraceuticals

The rising cost of healthcare in Latin America is leading to many consumers trying to adopt a healthier lifestyle to avoid diseases in the first place. This has been a crucial driver for the Latin America nutraceuticals market, as state-sponsored healthcare avenues are still lacking in resources in many parts of the region and many consumers still can’t afford private healthcare.

The vast potential of the region’s developing countries has also resulted in several players trying to establish a firm operations base in Latin America, which is likely to benefit the regional nutraceuticals market significantly in the coming years.

Product Innovation, Smart Use of Online Platforms Emerge as Key Growth Strategies

Consistent product innovation to make nutraceuticals safer and more effective is one of the key strategies for players in the Latin America nutraceuticals market to pursue in the coming years. Due to the relatively recent entry of the nutraceuticals industry in Latin America, raising awareness about their efficacy and easy availability is another tactic that’s likely to help players in the Latin America nutraceutical products market.

The rising consumer base of social media platforms and online retail websites is another promising opportunity for leading players in the Latin America nutraceuticals market. Smart use of social media for raising awareness about nutraceuticals and widespread use of online retail websites to exploit the expanding penetration of the Internet in Latin America have thus emerged as a key strategy for key players in the Latin America nutraceuticals market.

The information in this preview comes from a Transparency Market Research report titled ‘Nutraceuticals Product Market: Latin America Market Size, Segment And Country Analysis And Forecasts 2007-2017.’

The Latin America nutraceuticals market is segmented as follows:

Latin America nutraceuticals market, by product type:

• Functional food
• Functional beverages
• Dietary supplements

Latin America nutraceuticals market, by geography:

• Brazil
• Argentina
• Chile
• Peru
• Colombia
• Venezuela

Corn Starch Market is Expanding at a CAGR 4.80% during 2016 to 2024, it is likely to Increase to US$32 bn by 2024

With an increased focus on product innovation, the leading players in the global corn starch market, such as Cargill Inc., Kent Corp., Archer Daniels Midland Co., and Associated British Foods plc., are aggressively trying to enhance their visibility in this market, finds a study published by Transparency Market Research (TMR).

The presence of a large pool of participants has intensified the rivalry within the market. To sustain this competition in the long run, corn starch producers will need to shift their focus on increasing their production capacity, states this report.

According to TMR, the global market for corn starch presented an opportunity worth US$21.1 bn in 2015. Expanding at a CAGR of more than 4.80% during the period from 2016 to 2024, it is likely to increase to US$32 bn by 2024. Globally, sweeteners are the most preferred products that contain corn starch. The segment is expected to exhibit a CAGR of 5.40% over the forecast period.

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High Production of Corn to Ensure North America’s Dominance

Geographically, the global market for corn starch is spread across Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. North America, supported by the high production of corn, has acquired the top position in this market. In 2015, the opportunity for corn starch reached US$7.3 bn in North America. Although the region will retain its dominance throughout the forecast period, it is Asia Pacific, where the demand for corn starch will expand at a higher rate over the forecast period. China and India are projected to lead the demand for corn starch in Asia Pacific, finds the research report.

Easy Availability of Corn Starch to Reflect Positively on Market’s Growth

“Starch extraction from maize yields better output compared to other crops, such as wheat, barley, tapioca, potato, and sweet potato,” states the author of this study. With a high production of maize, worldwide, corn starch boasts of easy availability in the global market, reflecting positively on the market’s growth.

The augmenting consumption of convenience foods and the considerable year-on-year growth in the paper industry are also fueling the demand for corn starch remarkably across the world. The sales of ready-to-mix foods, such as cake mixes, coffee mixes, and instant tea, is expected to double up over the next few years, leading to a significant surge in the demand for corn starch. Apart from this, the rise in the paper and paper product industry will also present a lucrative opportunity for corn starch producers in the coming years, observes TMR.

Availability of Low-cost Alternatives to Impact Negatively on Sale of Corn Starch

Though the global market for corn starch exhibits lucrative growth prospects, the availability of a varied range of low-cost alternatives, ranging from tapioca to wheat, may pose a threat to the growth of this market in the near future. However, the growing usage of corn starch-based products as raw materials for bio-plastics and 3D printing plastics is likely to help corn starch producers to overcome this challenge in the years to come, notes the research study.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Corn Starch Market (Product - Food & Beverages, Animal Feed, Pharmaceuticals & Chemicals, Textile, Paper and Corrugated; Product Base -Native Starch, Modified Starch, Sweeteners) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

The global corn starch market has been segmented as follows:

By Product Type

• Native Starch
• Modified Starch
• Sweeteners

By Application

• Food & Beverages
• Animal Feed
• Pharmaceuticals & Chemicals
• Textile
• Paper and Corrugated
• Others         

Lactitol Market 2016 : Global Industry Trends, Share, Forecast to 2024

The global market for lactitol, an artificial sugar alcohol with a very low calorie count and 60% less sweetness quotient as compared to table sugar, has gained significant attention from the world’s rising calorie-conscious population lately. The low glycemic index of lactitol also guarantees its acceptance by diabetics, which again is a rapidly rising demographic across the globe.

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Transparency Market Research’s analytical account of the global lactitol market presents a thorough insight of the market and a 360-degree view of the market’s present state and its key elements. The market has been analyzed from a global as well as a regional front. The report presents estimates and forecast about the market’s future growth prospects from 2016 through 2024.

The report also presents a detailed analytical account of the key challenges, drivers, and trends that are expected to have a notable impact on the global lactitol market’s overall development during the said period. Present and projected future market state of key elements and segments have been elucidated with the help of wide-ranging qualitative and quantitative data. The vast data in the report, complete with insightful forecast presented in the report makes it a data repository that can assist the reader in formulating effective market strategies.

The data in the report has been assimilated with the help of several primary as well as secondary research techniques, inputs from industry experts, and several industry-specific databases and sources. It has been narrowed down, to bring before the reader only the most important market details and figures, with the help of a number of standard analytical methods.

Global Lactitol Market: Overview

The key factors favoring the positive development of the global lactitol market include the rising awareness regarding a healthy lifestyle among people of all age groups and the rising global prevalence of diabetes. Approval by several health and food regulation bodies worldwide have also led to the development of new horizons for the lactitol market in the past few years.

Of the key application areas of lactitol, the ones in the food and beverages industry presently help the global market gain a sizeable share in its overall revenues. The substance finds vast usage across products such as cookies, biscuits, chocolates, candies, chewing gum, and ice-cream. The high consumption of these products globally will continue to drive sustainable demand for lactitol in the next many years.

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The report segments the market on the basis of criteria such as application, end-use industry, and geography. From a geographic perspective, the market has been segmented into Asia Pacific, North America, Europe, and Rest of the World.

Global Lactitol Market: Competitive Landscape

The two key manufacturers of lactitol are Purac Biochem and Danisco, which is a subsidiary of DuPont. Other key vendors operating in the global lactitol include Qufu Xindi Chemical Research Limited Company, Hangzhou Uniwise International Co., Ltd. and Lonsino Medical Products Co., Ltd.

Non Sugar Sweeteners Market - Global Industry Insights and Forecast to 2024

Drastic changes in lifestyles have had a severe impact on the eating habits of the global population. Over the past few years, improving GDPs and higher per capita incomes have allowed consumers to indulge in unhealthy food items, thus serving as the root cause of several lifestyle-related diseases. According to the World Health Organization (WHO), diabetes, known as a lifestyle disorder, is anticipated to be the 7th leading cause of death by 2030. Owing to these reasons, several healthcare professionals, institutions, and organizations are campaigning against obesity and encouraging many to lose weight. These factors have collectively propelled the intake of non-sugar sweeteners as consumers are replacing sugar due to its fattening properties.

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The research report includes an extensive analysis of the market drivers and restraints defining the trajectory of the global non-sugar sweeteners market. The research sheds light on the competitive landscape present in the global market by scrutinizing business and marketing strategies of the key players. Furthermore, it offers well-formulated recommendations to existing players and new entrants to help them optimize on the strengths and tackle the weaknesses. Additionally, the report also points out various threats and opportunities existing in the market along with sharing some valuable insights with the readers.

Non-Sugar Sweeteners Market: Trends and Opportunities

High prevalence of obesity and diabetes are the primary growth drivers for the global non-sugar sweeteners market. Both of these conditions demand patients to lose weight with urgency, which has coaxed millions of sufferers to eliminate the intake of sugar from their daily diet. This has resulted in a significant number of people opting for several types of sugar substitutes, which has lent a serious impetus to the global non-sugar sweeteners market.

Currently, the global non-sugar sweeteners market offers two types of products, namely natural non-sugar sweeteners and synthetic non-sugar sweeteners. The natural non-sugar sweeteners are stevia, tagatose, sorbitol, and thaumatin. On the other hand, the synthetic non-sugar sweeteners are saccharin, aspartame, neotame, and sucralose. Consumers battling the dilemma of craving for sweets while trying to lose a few pounds are still opting for a wide range of sweet food products. Thus, tapping into this demand by using non-sugar sweeteners in confectionary, baked products, desserts, and beverages will prove to be a lucrative opportunity for the vendors in the near future.

Non-Sugar Sweeteners Market: Region-wise Outlook

Geographically, the global non-sugar sweeteners market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The report suggests that North America will lead the global market due to the rising pool of obese people. The rise of fitness-conscious population and growing number of weight watchers are expected to drive the demand for non-sugar sweeteners during the forecast period of 2012 and 2018. The growing pool of geriatrics, who are susceptible to conditions such as diabetes, are also anticipated to boost the demand for these sugar alternatives in the near future. According to the research report, the North America holds a 60% share in the overall non-sugar sweeteners market.

The other regions are also projected to witness an upswing of non-sugar sweetener sales as growing number of people are focusing towards living a healthy lifestyle. As growing number of people are realizing the benefits of giving up sugar, they are expected to shift their focus towards non-sugar sweeteners. These are perfect alternatives to regular sugar and thus are easy to adapt to as a substitute in the daily diet.

Key Players Mentioned in the Report

Some of the leading players operating in the non-sugar sweeteners market are Zydus Wellness Ltd., Roquette, Danisco A/S, Nutrasweet Co., JK sucralose Inc., Dulcette Technologies LLC, Merisant worldwide Inc., Imperial Sugar Co., Cargill, Beckmann-Kenko GmbH., Ajinomoto Co. Inc., Purecircle, A&Z Food Additives Co. Ltd, and Celanese Corp.

Olive Oil Market - Global Industry Analysis, Forecast 2016 – 2024

Olive oil, an edible oil is being increasingly consumed by people from across the globe. Considering its nutritional value and the taste, olive oil is being consumed by a big pool of the global population. The market offers various types of olive oils such as extra virgin olive oil, light olive oil, pure olive oil, virgin olive oil, olive pomace oil, and refined olive oil. At present, the extra virgin olive oil is the highest quality olive oil, consumed by a majority of health-conscious people. As the extra olive oil carries less than 1% acidity, it has gained popularity across the globe.

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By region, the global olive oil market is divided into Europe, Asia Pacific, North America, and Rest of the World. Nations such as the United States and Australia are on the verge of standardization of olive oil on an international level. This would support the consistently rising demand for olive oil. The rising demand for olive oil in Europe and North America is expected to make these two regions two of the most promising markets for olive oil.

Currently, the production of olive oil in countries such as Brazil and India is low. However, consistent efforts are being made by emerging nations to propel their production so as to meet the rising demand.

The report on the global olive oil market highlights key factors driving the growth and factors challenging the market. Factors such as market structure, the feasibility of new projects, current market trends, future projections, and key players operating in the market are measured in the report. A detailed analysis of technological improvements and market trends is carried out by analysts. The report briefs readers about key product segments and also gives a clear picture of the competitive landscape. By using industry-standard tools such as SWOT analysis, strengths, weaknesses, opportunities, and threats of key companies are measured in the report.

Overview of the Olive Oil Market

The consistent demand for olive oil from end-use industries is expected to propel the global market throughout the forecast period. Olive oil finds application in the food and beverages industry, the beauty care and cosmetics industry, and the pharmaceutical industry. The steady growth of these industries is likely to boost the demand for olive oil.

The global market for olive oil is experiencing a considerable growth owing to the rising consumer awareness about the many benefits of consuming olive oil and strong economic growth. Western lifestyle is being increasingly adopted by the population of developed nations. This is credited to be one of the biggest factors driving the global olive oil market.

Companies Mentioned in the Olive Oil Market Report

Some of the companies operating in the global olive oil market are Salov, Borges, Ybarra, Deoleo, and Sovena Group. By offering new olive oil-based products in many regions, these key companies are expected to maintain their dominance throughout the forecast period. Key companies are predicted to face a high level of competition from the new entrants in the years to come.

Seasonings and Spices Market is Expected to Reach US$16.6 bn by 2019, Expanding at a CAGR of 4.8% between 2013 & 2019

Globalization and changing demographics have been the key drivers of the global seasonings and spices market. The rising globalization has attracted consumers from around the world towards ethnic cuisines. While this considerably fuelled the use of ethnic seasonings and spices in western food it also construes the robust expansion of the market worldwide. For instance, despite its smaller size compared to the other countries in Europe, the U.K. accounts for approximately 30% of the annual turmeric imports in the European Union, connoting the popularity of Indian cuisines in the country.

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Furthermore, Indian and Chinese cuisines hold top slots in the takeaway food category of the U.K., surpassing other European foods, including Italian. According to Transparency Market Research (TMR), a curry restaurant in the U.K. serves over 2.5 million customers weekly, of whom majority are from the U.K.

As per TMR, the global seasonings and spices market is poised to expand at a CAGR of 4.8% between 2013 and 2019, to reach US$16.6 bn by the end of 2019. The market was valued at US$12.7 bn in 2012.

Q: How does the fragmented nature of the global seasonings and spices market effect its trajectory?

A: With the top six companies holding a meager 15% share in the market in 2012, the global seasonings and spices market exhibits a highly fragmented vendor landscape. The intensity of rivalry is expected to remain medium to high in the industry, thereby providing little scope for the entry of new players. While this ascertains moderate competition in the market, it leads to marginal threat of new entrants, which could have adverse impact as well.

Currently, companies such as Ajinomoto and Nestle boasting large scale operations enjoy stronghold in the market. Besides this, the market also encompasses myriad regional players paving their way towards sustainable growth. The situation will keep the level of competition medium over the forthcoming years and will restrict the entry of new players, which could hamper the market’s expansion goals in the long run.

Nevertheless, absence of brand image and low switching cost eases the bottlenecks for the entry of new players. The market being price-sensitive and not brand-sensitive, it creates enough opportunities for the entry of new players in the market.

Q: What are the key strategies that leading players focus on to expand their footprint?

A: the leading players are acquiring prominent regional players or entering into strategic collaborations to expand their footprint in the global seasonings and spices market For instance, recently in September 2016, B&G Foods Inc., announced partnering with ACH Food Companies Inc., a leading supplier of seasonings and spices. Besides this, the companies are exploring opportunities across North American and European countries such as the U.S., Germany, France, and the U.K., where the spices and seasonings market is yet to pick up.

The seasonings and spices market in countries such as India and China is already well established. Hence to strengthen their footprint, companies operating in the market are focusing on product differentiation. They are also investing in innovative promotional strategies to gain traction.

Such strategies adopted by leading players are bound to have strong impact on the global seasonings and spices market, thus influencing its trajectory between 2013 and 2019.