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Friday 30 June 2017

Xylose Market Driven by the Increasing Preference for Natural Sugar & Low Calorie Foods

Overview:

Xylose is a form of naturally occurring sugar, which is present in xylan form in wood or straw and find used in food and beverages, dyeing and tanning. Xylose is also considered as wood sugar and classified as monosaccharide. Xylose is termed as healthy sugar, which prevents the absorption of sugar in the body, hence helping in maintaining the blood sugar level. Xylose also shows other antibacterial and antifungal properties and also acts as a natural healing agent. Due to number of health benefits it is often used in place of white sugar which is extracted from sugar cane. It is naturally occurring and present in fruits and vegetables as well, and a small amount of xylose is also produced in human body. On comparing the absorption of sugar by the body on glycemic index, sugar scores is a 100 while xylose is only 7, hence it is not only safe but healthy to use Xylose as an alternative to sugar. Due to its healthy properties, it is widely used as ingredient in polysaccharides supplements. Most commonly used form of Xylose is D-Xylose, which is used in gums, healthy foods and beverages.

Xylose Market Segmentation:

Xylose market can be segmented on the basis of sources, applications and regions.

On the basis of sources xylose market can be segmented into Fruits, Vegetables, Herbs and Seeds. These sources can be further sub-segmented under Fruits like Guava, Pears, Blackberries, Loganberries and Raspberries, Vegetables like Broccoli, Spinach, Eggplant, Peas, Beans - Green, Herbs such as Aloe Vera, Echinacea, Boswellia and Seeds of Psyllium. Corn core, coconut husk and sugarcane bagasse are used in extracting Xylose for industrial purpose.

Xylose market can also be segmented on the basis of application. Xylose is used as main raw material to produce Xylitol, which is a functional sugar alcohol and used as ingredient sugar replacement in different arenas like beverages, food products, health supplement and oral care products, specifically in tooth pastes and mouth washes, as it promotes healthy gum and avoid tooth decay. Xylose has no carbohydrates, it is widely used in many diets and as a sweetener in low calorie foods and beverages followed by pharmaceutical usage, due to its antibacterial and antifungal properties, resulting in strong immune system and healthy intestine.


Geographically xylose market can be segmented by regions as North America, Eastern and Western Europe, Latin America, Asia Pacific, Japan and Middle East and Africa. The major market in terms of consumption is North America and Europe, due to increasing health concerns, high demand for healthy food and beverages. Developing regions like Latin America and Asia Pacific is expected to grow at a faster pace, due to increasing product adaptation and growing preference towards low calorie foods and supplements.

Xylose Market Drivers:

Xylose market is driven by the increasing preference for natural sugar and low calorie foods, increasing health concerns, growing diabetic population and ever increasing demand for food and beverages, one of the segment where xylose is highly used.

As it is a naturally occurring sugar, it is expected to derive demand as an alternative to cane sugar. Xylose also promote healthy intestine and fights ear infections, as it decreases the ability of bacteria to cling to tissue in the ear. These properties makes xylose as one of the most preferred natural remedy in pharmaceutical segment, which will add on to increase the demand of xylose.

The xylose market is expected to grow with the advancement of science and discovery of different uses of xylose. The food and beverages industry growth will accelerate the usage of xylose in food products, whereas increasing interest of people to maintain healthy weight and stay fit will drive the growth of xylose market in health supplement and pharmaceutical industry.

Xylose Market Key Players:

Xylose market is dominated by major players involved in manufacturing and supplying xylose. Major companies which dominates the market are Dupont Danisco, Toyota Tsusho Corporation, Sigma-Aldrich Corporation, Carbone Scientific Co., Ltd., CJ CheilJedang, Beckmann-Kenko GmbH, Caesar & Loretz GmbH, BOC Sciences, Futaste Co., Ltd and Hyet Sweet S.A.S.

Walnut Oil Market Driven by Various Applications of Walnut Oil in Skin & Hair Care

Walnut Oil Market Introduction:

Juglans regia, the most common walnut oil species also known as English walnut or walnut. Walnut oil is a total health, beauty and home remedy available in the market. The walnut oil preparation is obtained by solvent extraction method or a cold pressing method. This oil has abundant Omega 3 essential fatty acids making it excellent for skin care use. The mineral content of walnut includes iron, zinc, sodium, selenium, calcium, magnesium and phosphorus. The oil is said to have great emollient properties making skin feel smooth and soft. Other skin benefits such as protection from free radical damage, this is due to its antioxidant properties. Thus, market demand for walnut oil from skin care products is higher. Walnut oil also provides relief from fungal infections like ringworm, athlete’s foot. Walnut oil is a quick drying oil, hence is an excellent choice for body massage giving a soothing relaxing feeling and is gentle to use.

Walnut oil finds its use not only in skin care but also as hair oil, wood finishing oil, used for various cooking purposes. Walnut Oil has several other medicinal properties as well such as lowers cholesterol, antifungal, anti-inflammatory, anti-oxidant properties and finds various applications in pharmaceutical industry.

Walnut Oil Market Segmentation:

The global walnut oil market is segmented on the basis of application, distribution channel, and region. Based on its application, the global walnut oil market is segmented as nutritional supplements, cosmetics products, aromatherapy and others such as wood finish and paint thinners etc.

Amongst all application segments cosmetics segment is expected to dominant market over the forecast period, owing to the increasing demand from natural oil based skin care and hair care cosmetics. Nutritional supplements product segment is forecasted to grow due to its popularity in weight loss therapy and nourishment by omega-3 fatty acids. Walnut oil blends well with other massage oils, thus, increasing popularity in aromatherapy is another factor driving growth of walnut oil market. Walnut oils use in wood polishing and paint thinner industry is attributed to it safe for food wood finishing and is an odorless paint remover.

Based on distribution channel, the global walnut oil market is segmented as online retail, supermarkets/hypermarkets, and specialty stores. Among which, the online retail is expected to gain major revenue shares over the forecast period.

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Walnut Oil Market Regional Outlook:

On the basis of regions, the walnut market can be segmented into seven key regions; North America, Latin America, Western and Eastern Europe, Asia Pacific Excluding Japan, Japan and The Middle East and Africa. North America and Asia Pacific grabs the major share of global walnut oil market and expected to grow at a steady rate. Western Europe regional market is expected to grow at a relatively higher growth rate over the forecast period, due to the increased demand driven by awareness among consumers about the health benefits of walnut oil.

Walnut Oil Market Drivers and Trends:

Various mergers, acquisitions, partnership and collaboration in the walnut oil market and relatively high investment in food industry have been driving the walnut oil market at a steady rate.

Walnut oil manufacturers are focusing on introducing new process refinement for better quality product by introducing production line processing. Macroeconomic factors like changing lifestyle, growing economy, and increase in per capita income are factors expected to lead the growth of global walnut oil market. The increased awareness among consumers regarding health benefits and various other applications of walnut oil in skin and hair care are factors expected to fuel market demand for walnut oil.

The rising price of high quality walnut oil products can be a restraining factor for the walnut oil market over the forecast period.

Walnut Oil Market Key Players:

Some of the key players participating in the global walnut oil market includes ; La Tourangelle , La Nogalera walnut oil, Proteco , Aromex Industry , Yunnan Guzhiji Nutriment , Shuda Group , Yunnan Huizhiyuan , Shanghai Rongshi, Hebei Sanli etc.

Vegetable Oil Market Driven by Increasing Use of Vegetable Oil in the Food Industry as they Provide a Trans-fat Free Alternative

Vegetable oil is plant or vegetable derived oil that is in liquid state in room temperature. It is a plant extracted triglyceride. Vegetable oils that are solid in room temperature are known as vegetable fats. Primarily, oil is extracted from plant seeds, although they can be derived from other plant or vegetable parts aswell.

Vegetable oils that are not edible in nature are used in industrial applications, pharmaceuticals, cosmetics, paints and lubricants. The global vegetable oil market is segmented on the basis of type, extraction method, application, and geography. On the basis of type, the global market is segregated into sunflower oil, rapeseed (canola) oil, soybean oil, palm kernel oil, palm oil, and minor vegetable oil. Palm oil held the most dominant market share in 2015 and is forecasted to witness a steady growth rate over the forecast period. This is attributed to its low price among all the variants of vegetable oil and its continued demand from the food sector for use in cooking oil, frying fat, bakery fat, and margarine among others. Its growing application in the form of feedstock in the bio-fuel industry is also a major reason for its continued steady growth. Sunflower oil is experiencing significant growth in this category. This is attributed to its property ofproviding a trans-fat free alternative in the food service industry. On the basis of extraction method, the global vegetable oil market is segregated into mechanical extraction, solvent extraction, hydrogenation, and sparging. Mechanical extraction held the keymarket share in 2015 and is expected to grow at a steady rate over the forecast period.

Hydrogenation is the most speedilygrowing segment in this category. On the basis of application, the global market for vegetable oil is segregated into food, industrial, and bio diesel. Food application is further segregated into baking & frying processes, salads & cooking oils, fatty ingredients, margarine & other spreads, frozen&processed foods, and others. Industrial application is sub-divided into paints, lubricants, cosmetics, pharmaceuticals, and others. In the biodiesel segment the major application of vegetable oil is in feedstock.

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Major drivers of the global vegetable oil market include increasing use of vegetable oil in the food industry as they provide a trans-fat free alternative. Increasing demand for vegetable oils in the bio fuel industry as feedstock to produce bio fuel is another major driver. Growing health benefits of a few vegetable oils is another major reason triggering the overall market growth of vegetable oil globally. High price volatility of vegetable oils is a restraint that is hindering market growth as it is resulting in lack of working capital required to carry on with the production processes. Palm oil as a reliable substitute to trans-fat in the cooking sector is a promising opportunity for the growth of the vegetable oil market globally.

Geographically, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific was the most dominant market in 2015 and is forecasted to maintain its dominance over the forecast period owing to the growing convenience food sector as a result of urbanization. This in turn increases the demand for palm and kernel oil. North America closely follows Asia Pacific owing to the large size of the food and food service industry which triggers continued demand for vegetable oil.

Major players of the global vegetable oil market include Archer Daniel Midland Company, ACH Foods Company Inc, Cargill Agricola S.A., Bunge North America Inc., Chinatex Corporation, ConAgra Foods Inc., J-Oil Mills Inc., Carapelli Firenzi S.P.A, CHS Inc., and Richardson Oilseed Ltd. among others.

Thursday 29 June 2017

Tall Oil Rosin Market Driven by Increasing Prices of Crude Oil

Rosin is resin in solid form that is obtained from plants, crude oil, wood, and gum among others. Tall oil rosin is a major derivative and co-product of commercially important Kraft pulping. Pulp mills are the major suppliers of this product. When pine pulp is treated, crude oil is obtained as a by-product. It is then further distilled and tall oil rosin is obtained as one of the major derivatives. It finds diverse uses in industries such as paint and varnish, pulp and paper, rubber, chemical, and polygraphic among others. The major application of tall oil rosin is in pulp and paper production and for obtaining forest produce. Tall oil rosin is the prime segment among all the derivatives obtained from tall oil. Tall oil rosin accounts for more than one-fourth of the total crude oil derivative in the world.

The global market for tall oil rosin is expected to rise substantially between 2016 and 2024. Major drivers of the global tall oil rosin market includes moderate growth of tackifier resins. Domestic consumption of tall oil resins in major regions such as the U.S. is also driving the otherwise slow tall oil rosin market in a positive way. Increasing prices of crude oil is a major factor that has positioned tall oil rosin in a competitive spot in the binder resins and tackifier market. The major restraint hindering market growth includes lack of supply. Even if the demand increases moderately due to various reasons, lack of supply of tall oil rosin is deterring growth of the tall oil rosin market considerably. This has resulted in a very slow and flat growth rate of the global tall oil rosin market in recent times as supply cannot meet the demand. In addition, limitation in terms of major application areas is another reason which is impeding market growth.

Geographically, the tall oil rosin market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is the dominant market for tall oil rosin as the region produces this type of rosin at a global level. Europe closely follows North America in the global market and countries such as the U.S., Finland, and Sweden account for about 70% of the world exports. Most of the tall oil rosin is produced in the US. Asia Pacific is poised to grow at a substantial rate over the forecast period. High adoption of tall oil resin, mainly as an emulsifier coupled with increased use of tall oil rosin in the rubber and soap industry, will give a positive push to the market in this region.

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The global market for tall oil resin is highly consolidated in nature with majority of the players in the U.S. The companies in this market compete on the basis of pricing. It is anticipated that the competition in the market will intensify further during the forecast period due to an increase in adoption of tall oil rosin, especially in the Asia Pacific region. Pricing strategies play a significant role in driving the growth of this market.

Major players in the global tall oil rosin market includes Georgia-Pacific Chemicals LLC (Oregon, U.S.), Kraton Corporation (Almere, Netherlands), and Eagle Imports (Texas, U.S.). Other players in the global tall oil resin market are PAG KIMYA SAN. TIC. LTD. STI. (Istanbul, Turkey), GrantChem, Inc. (California, U.S.), LLC PK "XimProm" (Omsk, Russia), AKAY TIC SAN KOLL STI - YUKSEL AKAYLAR (Istanbul, Turkey), Fujian Qina Trading Co. Ltd. (Fujian, China), IBRAHIM WALI MOHAMMAD & CO. (Sind, Pakistan), G.C. RUTTEMAN & Co. B.V. (Rotterdam, Netherlands), MALPLAST INDUSTRIES LIMITED (Nairobi, Kenya), Akay Ticaret Ve Sanayi Koll.Sti. (Istanbul, Turkey), and Matole Ltd (Budapest, Hungary).

Spice Market Driven by Increased usage of Spices as Natural Preservatives in Variety of Poultry & Meat Products

Global Spice Market: Overview

The global demand for a variety of spices has continued to rise in the past few years owing to the vast rise in the consumption of convenience foods, snacks, and confectionary. The widened market for processed and ready-to-eat food products has also had a vast positive impact on the overall global consumption of a variety of spice.

This report on the global spice market presents an extensive account of the present state of the market and forecasts the way the market’s will evolve in response to present circumstances over the period between 2016 and 2024. The report includes vast details regarding the present and past sales across key product segments and regional markets, the various growth factors expected to drive the market in the future years, and the challenges capable of arresting the growth of the market over the forecast period.

Global Spice Market: Drivers and Restraints

One of the key drivers of the global spice market is the increased usage of spices as natural preservatives in variety of poultry and meat products. Additionally, the significant rise in demand for healthy and nutrition-rich foods from the health-conscious young population globally has widened the consumer base of this segment of food products. Strengthening economies of countries in Asia Pacific have led to increased disposable incomes and have increased the demand for processed and ready-to-eat foods, which is anticipated to be a key growth driver of the spice market in the region.

However, the market is expected to be restrained due to the stringent government regulations related to food additives across different countries such as Canada, U.K., France, Italy and the U.S. Several food safety organizations, such as the FDA, have set high standards regarding the safety of a spice for its intended use for the consumer.

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Global Spice Market: Segmentation

On the basis of product type, the global spice market can be segmented into cardamom, pepper, cumin, clove, and ginger. On the basis of application, the market can be segmented into sauces, soups, frozen food, meat, convenience foods, poultry food, and bakery.

On the basis of geography, the report segments the global spice market into Europe, North America, Asia Pacific, and Rest of the World (RoW). Of these, North America is presently the most attractive regional market for spices, followed by Europe, Asia Pacific, and the RoW. Rising awareness regarding the medicinal properties of spices will continue to keep the demand for spices high in North America over the forecast period as well. The region is expected to gain traction and witness high growth in terms of revenue over the report’s forecast period.

The Asia Pacific market also holds immense promise for spices owing to the flourishing food and beverages industry in the region. A vast surge in the consumption of fast foods across countries such as India and China will also drive the market for spices in the region. China is the leading country-wise market for spices in Asia Pacific, followed by India. Owing to the presence of vast growth opportunities, several international spice companies are focusing on expansion strategies in the region, expected to make the Asia Pacific spice market much more mature and increasingly competitive in the near future.

Global Spice Market: Competitive Dynamics

The global spice market features a fragmented competitive landscape owing to the presence of a large number of small-scale companies. The market also features some large companies holding prominent positions, making the market intensely competitive. Some of the most notable companies operating in the global spice market are Everest Spices, SHS Group, Ajinomoto Co., Inc., Associated British Foods, Mccormick & Company, Kerry Group Plc, Ariake Japan Company Ltd., Sensient Technologies, MTR Foods Private Limited, Ariake Japan Company Ltd., Olam International, Worlee Gruppe, DS Group, and Dohler Group.

Food Traceability Market Driven by Growing Applications in Diverse Sectors, such as Logistics, Packaging

As per a new research study by Transparency market Research (TMR), the global market for food traceability has been registering a remarkable rise since the last few years. With the rising demand for food traceability in a number of sectors, such as the packaging, logistics, storage, handling, and the retail industries, this market will continue to witness strong growth during the period from 2016 to 2024, states the research report, titled “Food Traceability Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.”

The increasing incidence of product recalls and contamination traces, together with the advancement in the food traceability technology, will act as the most prominent factors, driving the growth of the market for food traceability, globally, over the forecast period, states the research report.

According to the research study, the main food traceability technologies used across the world are barcode, RFID, biometrics, GPS, and infrared. These technologies have a varied range of applications in several types of food products at various stages of the food movement. Currently, the demand for barcode is tremendously high in packaged foods, whereas, RFID and GPS are utilized extensively for food movement of live feedstock, states the market report.

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The rising demand for food traceability technologies in emerging countries, coupled with their legislative framework and the reducing cost of these technologies, is also expected to boost the global market for food traceability significantly over the forthcoming years. However, the increasing concerns over privacy among consumers regarding data sharing and the additional cost of the maintenance of traceability systems may hamper the global food traceability market from growing steadily in the near future. Apart from this, the inaccuracy of information and data collection are also expected to limit the adoption of the food traceability technology in the coming years, reports the market study.

The research report also evaluates the competitive landscape of the global market for food traceability by profiling the key players operating in this market. Researchers have examined the past performance and studied the future prospects of each market players thoroughly in order to define the current market hierarchy. The leading players operating in this market are concentrating on the introduction of new and innovative technologies in a bid to sustain in this highly competitive environment and expand their geographical reach.

Some of the prominent participants in the worldwide market for food traceability are A2B Tracking Solutions, IBM Corp., Motorola Solutions Inc., Barcoding Inc., Picarro Inc., and Merit-Trax Technologies Inc, states the market study.


Organic Dairy Products Market Driven by Increasing Awareness of Consumers Regarding the Benefits of Organic Dairy Products

According to a recent market research report published by Transparency Market Research, the global organic dairy products market is estimated to expand at a CAGR of 9.1% during the period between 2011 and 2017. The report, titled “Organic Dairy Products Market - Global and South Korea Market Forecasts, Size, Trends, And Industry Analysis 2011 - 2017”, projects the global organic dairy products market to be propelled by growing consumer preference towards quality-centered food items. The overall market was worth US$9,357.4 mn in 2011.

The report points out that increasing awareness of consumers regarding the benefits of organic dairy products has played a pivotal role in the growth of the global organic dairy products market. Promotion of organic food products by government regulatory authorities, along with positive impact of low interest rate on organic dairy food and drinks industry has augmented the growth of the market. The increasing demand for organic milk and availability of large variety of organic dairy products are driving the organic dairy products market across the globe.

However, the report mentions that private labels and fake organic dairy products labels are negatively impacting the growth of the overall market. Pricing of organic dairy products is difficult when dealing with wholesalers and retailers. Higher input cost involved in organic milk production, along with ongoing research and development cost will also restrain the growth of the organic dairy products market.

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The report analyzes the demand and sale of organic dairy foods such as yogurt, milk, cheese, ice-cream, and butter. In 2011, the collective sale of these organic dairy food products was worth US$8,987.7 mn. This was approximately 19% of the overall sales in 2011. The report studies the growth of the organic dairy products market across four key regions: North America, Europe, Asia Pacific, and Rest of the World. In 2011, Europe and the U.S. contributed majorly towards the growth of the market and together accounted for 93.1% share in the global demand from the market. During the forecast horizon, Europe and the U.S. organic dairy products markets are estimated to expand at 7.9% and 8.2% respectively. This can be attributed to the increased organic farming in these regions. In fact, to keep up with the growing demand for organic dairy products, farmlands have doubled their production in the last five years.

In Asia Pacific, the demand for organic dairy products in South Korea has been particularly high. This regional market is estimated to be valued at US$418.6 mn by 2017. The global organic dairy products market is also expanding across emerging economies such as India and China owing to the availability of large organic farmlands in these countries.

Describing the competitive hierarchy, the report profiles some of the major players operating in the global organic dairy products market such as Kroger, Costco Safeway, YogiTea, Publix, Aspall, Ben & Jerry, VerdeGrass, Purity Foods, BJ’s Wholesale Club, Organic Valley, Eden Foods, and Whole Foods Market.

Global Organic Dairy Products Market has been segmented as:

Global Organic Dairy Products Market, by Geography:
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Asia Pacific Pet Food Market Driven by Growing Acknowledgement of the Benefits of High-Quality Pet Food

The rising concern for the health of pets, growing acknowledgement of the benefits of high-quality pet food, increase in palatability of pet food, and increase in pet population are some of the major factors driving the pet food industry across the globe. The pet food industry forms a part of the animal feed industry and includes animal or plant material intended for pet consumption.

Pet food products are made available through a variety of distribution networks such as hypermarkets, supermarkets, and online stores, among many others. This report on the pet food market is an extensive research study on the overall market, including the competitive analysis and perspectives needed in terms of geography, type of pet, class of pet food, as well as by key manufacturing and retailing issues such as packaging innovations, formulation trends, ingredients, and online retailing.

The research study analyzes the pet food market in Asia Pacific and estimates the market in terms of revenue (US$ million) from 2014 to 2020. It also analyzes the market by volume from 2014 to 2020 and includes some of the major current market trends and their impact on the overall market over the forecast period. In addition, the report includes analysis of the average selling price (ASP) in various pet food product segments across various countries. Through value chain analysis, insights from leading players, and explanation of the macroeconomic factors influencing and inhibiting the growth of the market, the report will help suppliers, manufacturers, and distributors understand the present and future trends in the pet food market and formulate their strategies accordingly.

Overview of the Pet Food Market

Health and well-being are prime factors affecting the development of the global pet food market, as pet owners look for healthier options when selecting the right type of food for their pets. As millions of homeowners across the U.S. and Europe are increasingly adopting pets such as dogs or cats, there has been an increase in spending on pet food products in the past few years. Due to this factor, the commercial pet food industry is rapidly expanding in major regions of the world.

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According to a market study by Transparency Market Research, the pet food market in Asia Pacific was valued at US$9,100.0 mn in 2013 and is expected to reach US$10,720.0 mn by 2020, rapidly growing at a CAGR of 2.30% from 2014 to 2020. By volume, the market totaled 688.6 kg mn in 2013 and is anticipated to reach 803.3 kg mn by 2020, increasing at a CAGR of 2.10% from 2014 to 2020.

Increasing awareness about pet health is one of the major factors fueling the demand for nutritious pet food in Asia Pacific. The nutritious food segment is expected to be the fastest growing segment within the pet food market. It is expected to reach US$361.3 million by 2020.

Another dominant segment within the pet food market is the dry food segment, which held the largest share in the global pet food market in Asia Pacific. This segment is rapidly growing due to the ease of handling and lower prices of dry food as compared to several other types of pet food available in local Asian markets.

Among the various countries in Asia Pacific, such as Australia, China, India, South Korea, and Rest of Asia Pacific, Japan leads the pet food market in terms of growth and demand. The demand for small pets and the increasing preference for nuclear families are the main factors fueling the demand for pet food in Japan. This demand is expected to grow throughout the 2014-2020 forecast period.

Companies mentioned in the research report

The pet food market in Asia Pacific is dominated by some of the major brands operating in this region as well as across the globe. Due to the brand loyalty of existing consumers, the local players are still expected to enter the market in the near future. This report profiles Procter & Gamble Co., Nestle S.A., Mars Inc., and Colgate-Palmolive Co. as the key players of the pet food market in Asia Pacific.

Asia Pacific Pet Food Market: By Pet Type
  • Dog Food
  • Cat Food
  • Others

Asia Pacific Pet Food Market: By Food Type
  • Dry Food
  • Wet Food/Canned Food
  • Nutritious Food
  • Snacks/Treats
  • Others

Asia Pacific Pet Food Market: By Country
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific

Food Certification Market Driven by Greater number of Consumers are Moving towards Higher Qality of Foods

The global food certification market is driven by rules, standards, and regulations in different food application segments. Increase in consumer health consciousness and change in eating patterns are primarily boosting the popularity of certified food products globally. However, rising awareness about improving food quality coupled with increasing government regulations are stimulating the food certification market globally. Furthermore, improved standard of living is driving consumers to opt for certified food products as they perceive them to be safe for consumption.

Food certification is a process that can be applied to any stage of the food supply chain, right from primary production level to sales. Rising incidences of foodborne illness due to ingestion of contaminated food products is one of the key factors responsible for growing popularity of food certification. Food manufacturers are keen to obtain certification in order to attract consumers toward their products. Manufacturers also emphasize on certification to cope with rising competition globally. Furthermore, certified food products are perceived to be safe and secure as they pass through various verification processes. Consumers prefer to opt for certified food products to avoid unwanted health hazards caused due to consumption of contaminated food products.

Rise in number of food trade practices and food export is fueling the food certification market. Food products without proper certification are not considered for sale in certain countries. Food manufacturers aggressively focus on proper certification through audit and quality check to aid business expansion. Furthermore, audit and follow-up processes through various certification bodies ensure that the company has proper safety management systems.

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By geography, the global food certification market is categorized into North America, Europe, Asia Pacific, and Rest of the World (RoW). The scope of the report offers an insight into food certifications in these regions based on revenue (USD billion). In addition, current and future trends in the food certification market are covered in the report.

Currently, Germany is dominating the market for food certification in Europe followed by the U.K. Furthermore, the U.S. dominates the market for food certification in North America. Increasing health consciousness coupled with consumer awareness regarding side effects of contaminated food products is driving the food certification market. China dominates the food certification market in Asia Pacific followed by India. Factors such as increased standard of living and rising preference for quality food products are positively influencing the food certification market.

Key global certification bodies include ISO 22000, International Food Standard, British Retail Consortium, Safe Quality Food Standard, Kosher certification, Halal certification and Food Safety and Standard Authority of India, China Food and Drug Administration, Ministry of Food and Drug Safety, U.S. Department of Agriculture among others. These certification bodies through audit and follow-up ensure that companies who are involved in food production have proper food safety management systems in place. Furthermore, they ensure that food products are safe for consumption.

Based on application, the market is segmented into processed meat and poultry products, dairy products, infant food products, organic food, beverages, and other packaged food products. Consumers prefer certified food products due to growing awareness about food safety. Organic food products are gaining momentum due to rising health concern among consumers.

Demand for safe food products is increasing considerably. Furthermore, food safety management authorities along with consumers are increasingly concerned about the quality and safety of food products. Demand for certified food products is expected to significantly increase as these products are certified after meeting required standards of any authorized certification body. Changing consumer perception about safety and quality of food products coupled with growing preference for convenience food products are fueling demand for food certification globally.

Key players in the food certification market in North America, Europe, Asia Pacific, and RoW include Dekra SE, Bureau Veritas, AsureQuality Limited, Underwriters Laboratories Inc, SGS SA, Intertek Group plc, Lloyd's Register Group Limited, TÃœV SÃœD AG, DNV GL Group AS, and ALS Limited.

Wednesday 28 June 2017

Malt Ingredient Market Driven by Growing shift in Preference for Natural & Organic Foods

Malt Ingredient Market for Bakery: Snapshot

The global malt ingredient market for bakery has been witnessing steady growth over the recent past, attributed mainly to the rising consumption of bakery products with health benefits. The continuous introduction of new products such as gluten-free malt, especially in the bakery industry, has further driven the market. Other key factors contributing to the global malt ingredient for bakery market include the growing affluence of consumers, the increased per capita spending on value-added products, and the rising penetration of products with natural ingredients. However, factors such as the wide usage of malt in breweries and distilleries worldwide is expected to restrain the global market during the forecast period.

In terms of value, the global malt ingredient market for bakery is anticipated to expand at a CAGR of 6.6% during the forecast period to amount to US$7.3 bn by 2024. The demand for malt ingredients, on the other hand, is projected to rise at a modest 4.7% CAGR.

Cookies and Biscuits to Contribute Significantly to Global Malt Ingredient Market for Bakery

The main sources of malt to be used in the bakery industry are barley, wheat, and others. The barley segment led the mail ingredient for bakery market with a revenue share of 56.6% in 2015 and is projected to maintain its dominance through 2024. The wheat segment is expected to exhibit favorable growth over the forecast period.

By product type, the malt flour segment is estimated to contribute significantly in terms of volume to the global malt ingredient market for bakery, followed by dry malt. The dry malt product segment is expected to register a high growth rate in the overall market through 2024, registering a 5.2% CAGR in terms of volume.

Among the key applications, cookies are estimated to form the leading segment by volume, followed by the biscuits segment. The cakes and pastries segment, on the other hand, is expected to be report the leading growth rate of 5.4% from 2016 to 2024.

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On the basis of grade, the malt ingredient market for bakery is led by the standard segment, which is estimated to be valued at US$5.1 bn by 2024. Specialty ingredients are forecast to witness substantial growth in the near future.

High Growth in Store for Asia Pacific over Forecast Period

The global malt ingredient market for bakery is segmented on the basis of geography into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The North America malt ingredient market for bakery is expected to be the leading contributor to the global market in terms of value as well as volume, followed by Europe. These markets are expected to register high growth rates between 2016 and 2024, TMR states.

The malt ingredient market for bakery in Asia Pacific is expected to gain substantial growth over the course of the forecast period owing to an expected high demand for healthy products from India, Japan, and China. The growth can also be attributed to the high spending capacity of buyers in the region.

Key players in the global malt ingredient market for bakery include Simpsons Malt Limited, Malteries Soufflet SAS, Briess Malt & Ingredients Co., Malt Products Corporation, Polttimo Oy, Muntons plc, VIVESCIA Industries, Dohler GmbH, IREKS GmbH, GrainCorp Malt Group, RAGLETH LTD., Cargill, Incorporated, and Axereal Group.

Fermentation Ingredients Market Driven by Increasing Application of Fermented Ingredients in Personal Care Products

The global fermentation ingredients market is primarily driven by an increasing demand for healthy food among consumers of all age groups. They are used extensively in the food & beverages and animal feed industries in order to enhance the shelf life of products. However, the dearth of quality raw materials, high costs of ingredients, and potential health risks caused by fermentation are a few hindrances experienced by this market.

On the basis of type, the fermentation ingredients market is divided into the following categories: organic acids, amino acids, polymers, vitamins, industrial enzymes, biogas, and antibiotics. Among these, amino acids accounted for the maximum market share in 2015 and this trend is expected to continue in the near future. The rising demand for them in the animal feed additive and food & beverages industries is a major contributing factor in this development. Polymers are also projected to witness growth during the forecast period. The increasing application of fermented ingredients in personal care products is anticipated to lead to advancements in this market in the near future.

Applications of fermentation ingredients include food & beverages, bio fuel, pharmaceuticals, animal feed, paper, personal care products, and textile & leather. Fermented ingredients are commonly utilized in food and beverages, pharmaceuticals, and animal feed and this trend is projected to endure. Food and beverages presently are and likely to remain the dominant segment due to the growing employment of fermented ingredients to increase the shelf life of food products. The global market is also categorized in terms of form type into the liquid and dry varieties, of which the former constituted a prominent share in in the market in 2015. Liquid fermentation ingredients are preferred due to the ease with which they can be mixed with other ingredients. However, the dry segment is projected to expand over the forecast period.

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Based on geography, the market is distributed over North America, Europe, Asia Pacific, Middle East &Africa (MEA), and Latin America. Asia Pacific is a substantial market for fermentation ingredients, whereas China is estimated to experience the top growth rate. Mounting population, escalating disposable income of the middle class, their subsequent need for high-quality food and personal care products, and the overall consumer awareness regarding health and wellness in developing countries such as India, China, and Japan is boosting the requirement of quality fermented ingredients in this region.

This market is highly competitive with the presence of multiple large-scale and small-scale vendors. Competition is more concentrated in developing markets such as Asia Pacific and it is likely to intensify further with the arrival of more players. Key players currently operating in the fermentation ingredients market include Cargill and E. I. du Pont de Nemours and Company in the U.S., BASF SE in and Döhler Group in Germany, Ajinomoto Corporation Inc. in Japan,Chr. Hansen A/S in Denmark, Koninklijke DSM N.V. in the Netherlands, Lallemand Inc. in Canada, Angel Yeast Co., Ltd. in China, and Lonza in Switzerland. These companies have been investing huge amounts of capital in research and development activities and innovation centers in order to expandtheir production capabilities and meet the growing market demands. New product launches, acquisitions of related firms, and expansion are the strategies adopted to ensure their growth in this market.

Feed Pigment Market Driven by Growing Inclination for Healthier Livestock with Rising Growth of Meat Industry

Feed Pigment Market: Overview

Pigment is a substance that provides pigment to tissue. Pigments are responsible for the colors of skin, eyes, and hair. Feed pigment is a type of pigment which is derived from natural pigments in feed, and synthetic pigments in feed. Feed pigments provide aid to increase the commercial value of the meat by-products by improving the form of the animal products, and act as antioxidants to increase the palatability of the feed and to support cure several diseases in the animals which in turn make the animals healthy.

Feed Pigment Market: Drivers & Restraints

The major factors driving the growth of feed pigment market are growing demand of strong meat demand, rising health awareness among consumers regarding consumption of healthy food, increasing urbanization, and rising disposable income. Moreover, growing inclination for healthier livestock with rising growth of meat industry is alleged to drive the growth of the feed pigment market. In addition, feed pigments increase palatability, organoleptic developments nutritional benefits, and also offers other health benefits. Among the type of feed pigment, caramel, curcumin, carotenoids, and spirulina are limited feed pigments widespread in the feed pigment market. Carotenoids segment will dominate the growth of feed pigment market and are plugged to account the significant growth over the forecast years. In terms of livestock, poultry industry will register to boost the growth of feed pigment market followed by swine market. Shifting preference towards pellet feed consumption is likely to assistance the growth of feed pigment market. Cheaper substitute availability is another factor which is slated to hamper the global market growth. On the other hand, the major factor restraining the growth of market are management and manufacture costs for the processing of synthetic pigments. Moreover, natural pigments such as marigold are generally seasonal plants which heavily depend on environmental conditions and other external issues.

Feed Pigment Market: Market Segmentation

The feed pigment market is segmented into four parts based on the type, source, livestock type and geography.

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Based on the source type the feed pigment market is segmented into:
  • Vegetables
  • Fruits
  • Others

Based on the application type the feed pigment market is segmented into:
  • Food & Beverages
  • Pharmaceutical
  • Nutraceuticals
  • Others

Feed Pigment Market: Regional Outlook

Regarding geography, feed pigment market has been categorized into five key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Feed pigment market is expected to register healthy CAGR during the forecast period. Asia-Pacific represents the significantly high market share and grow with comparatively high CAGR in forecast period. North America is experiencing the rapid increase in the production capacity of feed pigment owing to growing demand among consumers for pigments in food industry particularly in the U.S. Major factors that are boosting the growth of feed pigment market in the region include rising health concerns among the young population, and increasing production rate. Feed pigment market for Asia Pacific is also expected to witness rapid growth during the forecast period primarily attributed to the growth of dietary supplements market, especially in China and India. Moreover, the leading players are strategically focusing on strengthening their R&D proficiencies by capitalizing in advanced technology to offer diversified product portfolios increasing the nutritive benefits of the feed pigments. Asia-Pacific is the largest market with China merging as the forerunner with a huge market share. Other traditional markets include countries like India, Brazil and Mexico among others.

Feed Pigment Market: Key Players

Some of the key players identified in the feed pigment market are:-
  • BASF SE
  • D.D. Williamson & Co., Inc. (DDW)
  • Guangzhou Leader Bio-Technology Co., Ltd
  • Innovad AD NV/SA
  • Kalsec Inc.
  • Kemin Industries Inc.
  • Novus International, Inc.
  • Nutrex NV
  • PHW Group
  • Royal DSM N.V.
  • Synthite Industries Ltd
  • Vitafor NV
  • Others