Flavored Syrup Market Size & Share to See Modest Growth Through 2024

Flavored Syrup Market Introduction 

Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers’ increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Increasing demand of flavored syrups especially among the consumers contributes to the growth of global syrup market. Flavored syrup market witnesses a high market demand owing to dairy and frozen product applications wherein flavored syrup serves as a taste enhancer and a sweetener. Thus, the global flavored syrup market is expected to grow during the forecast period owing to consumers’ growing preference for artificial or natural taste enhancer in convenience foods. 

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Flavored Syrup Market: Market Dynamics 

Growing demand for flavored syrups by the food and beverage industry is expected to boost the global flavored syrup market. Flavored syrup’s primary activities in food and beverage industry include the production of soft drink concentrates, beverage syrups in different flavors, an additive for frozen desserts topping for yogurt, flavored powder for use in food and soft drinks. Flavored syrup serves as an artificial sweetener along with a taste enhancer agent. Apart from sweet flavored syrup, the savory flavored syrup is expanding its applications beyond beverages. Savory flavored syrups are used in salad dressing, meat recipes, preparation of confectionery and bakery items. However, the demand for chocolate flavored syrup plays a major role in the growth of the global flavored syrup market owing to the consumers’ taste preferences for chocolate flavor in their foods. Besides, the food and beverage industry being one of the drivers for flavored syrup market, consumers’ preferences for different flavored syrup in convenience foods are also expected to boost up the global flavored syrup market growth. Pharmaceutical industry too contributes to the growing demand for flavored syrup market owing to its requirement of flavored syrup in medicines to make it flavorsome and appetizing. 

However, the major restraint faced by global flavored syrup market is the presence of high sugar content used as an artificial sweetener is a major cause for health hazards such as high blood sugar, diabetes, and stomach upsets. Domestically produced corn syrup proves to be a major restraint for the flavored syrup market to grow. 

Flavored Syrup Market: Regional Outlook 

Regional coverage for flavored syrup market includes North America, Latin America, Europe, Asia- Pacific and China (APAC) and the Middle East and Africa (MEA). North America and Europe dominated the flavored syrup market owing to the increased consumption of convenience foods and dairy and frozen desserts. However, APAC region is expected to dominate the flavored syrup market attributed to the large scale consumption of dairy products, ice creams, and beverages. APAC offers a potential opportunity for the flavored syrup market to grow during the forecast period. China accounts for one of the leading countries for flavored syrup market. 

Flavored Syrup Market: Market Players 

The key players in the flavored syrup market include The Hershey’s Company , Kerry Group, Tate & Lyle, Monin Inc., Concord Foods, Guangzhou Zhengliang and others.

Everything You Want to Know About the Global Plant Extract Market

Overview: 

Plant extract is the collection of essential crude mixtures from extraction of different parts of plants, which is extracted by using solvent such as ethanol or water. Plant extracts are the substances containing desirable properties extracted from herbaceous plants which is finding increasing and extensive uses in various industries such as pharmaceuticals for therapeutic properties and herbal medicines, cosmetics for functional properties in skincare related products, and food and beverages in which. Plant extracts containing phytochemical compounds such as carotenoids and flavonoids are primarily used in dietary supplements that is fuelling the demand for global plant extract market. Plant extracts can be used in the form of tincture or in powder form. Nutraceutical industries are using plant extracts in their products due to the rising consumer demand for plant extract nutritional supplements. Shifting consumer preference for natural plant extract based products is a major driving factor for the growth of plant extract market. 

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Global Plant Extract: Market Segmentation 

The global plant extract market is segmented on the basis of type, form, application and region type. The plant extract market is segmented on the basis of type mainly into spices which includes coriander, pepper fennel and others, essential oils and natural extracts that includes eucalyptus oil, mint oil, citrus oil and others, flavors and fragrances which includes clary sage, lemon balm, chamomile and others, phytomedicines and herbal extracts that includes ginseng, hops and others, phytochemicals which includes phenolic compounds, protein inhibitors and others. 

The global plant extract market is also segmented on the basis of form primarily into powder, liquid and others. 

The plant extract market is segmented on the basis of applications in which plant extracts are used in pharmaceuticals, cosmetics, chemicals, food and beverages and others. The food and beverage segment is further sub segmented into food additives and functional food. Hence, the global plant extract market is expected to significantly increase the revenue contribution over the forecast period. 

Global Plant Extract Market: Regional Outlook 

Geographically, the global plant extract industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, North America has developed as the most dominant region in global plant extract market followed by Asia Pacific. Increasing health benefits coupled with rise in plant extracts dietary supplements has strengthened the growth of global Plant extract market and hence is projected to significantly expand the revenue contribution of the market over the forecast period. 

Global Plant Extract Market: Growth Drivers 

The global plant extract market driving factors are increasing demand for herbal medicine and homeopathy products due to rising changes in consumer behavior that has influenced the global plant extract market. Increasing acceptance plant extract based products as a result of rising awareness and health concerns among consumers are the major driving factors of the global plant extracts market. The other driving factors of global plant extract market is the rising awareness of usage of natural skincare products that contains plant extracts instead of artificial ingredients. Hence, along with changing consumer preferences, the growth of global plant extract market is significantly increasing over the forecast period. 

Global Plant Extract Market: Players 

Some of the key players identified across the value chain of the global plant extract market includesOrganic Herb Inc., Plant Extracts International Inc, Lehmann & Voss & Co., MB-Holding GmbH & Co.KG, Kalsec Inc, Alkaloids Corporation, Nantong Sihai Plant Extracts Co., Ltd, Prinova Group, K Patel Group and Indena USA Inc. The companies are expected to expand their business by enhancing their product portfolio in global Plant extract market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global Plant extract market till 2024.

Lycopene Market Driven by Rising Demand for Natural Colorants

Overview: 

Lycopene is a carotenoid and phytonutrient substance which is found in the tomato species known as Solanum lycopersicum, mostly present in Central and South America regions. Lycopene is primarily present in red fruits and vegetables which includes tomatoes, watermelon, papaya, guava, sweet red peppers, mango, carrots, red cabbage, and pink grapefruits. Lycopene is found in high amounts in tomato and tomato-based products as compared with other fruits and vegetables. Lycopene is an essential compound which is responsible for the red color in these foods. Lycopene is an essential antioxidant for human body which helps in protecting from degenerative diseases. Lycopene also helps in prevention of DNA damage in the cells along with helping them to function better in the body. Lycopene present in the blood and fatty tissues in the body reduces the risk of cancer, heart disease and age-related macular degeneration. Lycopene is useful in protection against stomach, colon, and lung and skin cancer. Lycopene helps in reducing the risk of arteriosclerosis and protects skin from UV damage exposure. Lycopene is mostly used in creams and lotions for anti-aging. 

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Global Lycopene: Market Segmentation 

The global lycopene market is segmented on the basis of type, application and region. The lycopene market is segmented on the basis of type mainly into synthetic lycopene and organic lycopene. The synthetic lycopene is made by using chemical solvents and synthetic raw materials, whereas organic lycopene is made by using natural solvents and natural raw materials. 

The lycopene market is segmented on the basis of application type in which lycopene is used in applications such as cosmetics in creams and lotions, pharmaceuticals in tablets and capsules, food coloring agent in food products such as ready-to-eat meat products, beverages, nutritional bars, dietary supplements and dairy products. Hence, the global lycopene market is expected to significantly increase the revenue contribution over the forecast period. 

Global Lycopene Market: Regional Outlook 

Geographically, the global lycopene industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, Europe has developed as the most dominant region in global lycopene market followed by North America. Increasing usage of lycopene in meat industry coupled with rising demand for natural colorants, has strengthened the growth of global lycopene market and hence is projected to significantly expand the revenue contribution of the market over the forecast period. 

Global Lycopene Market: Growth Drivers 

The global lycopene market driving factors are increasing demand for organic-based lycopene products which contains anti-cancer properties that protects against degenerative diseases. The other driving factor for lycopene market is the rising demand for natural colorants in ready-to-eat meat products, coupled with the expansion of end-use applications of lycopene in food and beverage industries, cosmetics and pharmaceuticals. Along with increasing usage of lycopene in various industries, the global lycopene market is expected to observe robust growth over the forecast period. 

Global Lycopene Market: Key Players 

Some of the key players identified across the value chain of the global Lycopene market include DSM, Hoffmann-La Roche Ltd, BASF, General Nutrition Center, Lycored, Jamieson, NBTY, Kagome, Bayer AG and Shaanxi Huike Botanical Development Co. Ltd. The companies are expected to expand their business by enhancing their product portfolio in global Lycopene market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global Lycopene market till 2024.

New Method and Ingredient Likely to Boost the Global Neotame Market

Neotame is a form of artificial sweetener, very similar to aspartame, used by food manufacturers in place of sucrose or high fructose corn syrup. Neotame is considered to be seven to thirteen thousand times sweeter than sucrose, and offer benefits such as high metabolism and low accumulation in human body. Neotame was introduced by NutraSweet (a former division of Monsanto), in early 2002 and got approved by the U.S. Food and Drug Administration (FDA) as an artificial sweetener and flavor enhancer. It is high intensity sweetener and the only artificial sweetener which is approved by the U.S. Food and Drug Administration (FDA) as safe for human consumption. It comes in white powdered form and offers flexibility to manufacturers while manufacturing food and bakery products also provides an opportunity to develop an entire new ranges of products that are capable of meeting increasing demands of consumers. 

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Geographically neotame market is moderately fragmented with number of large player controlling the global market, and increasing number of domestic players entering the market place. Global neotame market can be segmented by regions under North America, Europe, Latin America, Asia Pacific and Middle East and Africa. The major market which leads the consumption of neotame are Europe and North America, project a healthy growth rate, followed by regions like Asia Pacific. Europe food authorities recently approved neotame for food and beverage usage, resulting in high demand from the countries like Germany and U.K. China is the dominant country in Asia-pacific market in terms of production. The regions like North America and European countries are expected to show increasing demand for neotame during the forecast period. 

Neotame market is driven by the increasing preference for food additives and flavor enhancers. Due to neotame’s properties such as ability to get rapidly metabolized and get completely eliminated from the body, is driving the demand for neotame from food manufacturers across the world. Neotame cost effectiveness also resulting in increasing preference for its usage in different cosmetics and pharmaceuticals products. Increasing number of approval from food agencies and authorities in different countries is also a major factor which is expected to drive the growth of neotame market. Neotame is also approved as food additive in Australia and New Zealand. 

Neotame market is widely spread and has major players producing neotame and also small regional players. Major companies which dominates the market are Foodchem International Corporation, Fooding Group Limited, Sweetner Holdings, Inc., Prinova Group LLC, JJD Enterprises, H & A Canada Inc., Shaoxing Marina Biotechnology Co.,Ltd., Sweetener India., A & Z Food Additives Co., Ltd., and Jk sucralose Inc. among others.

Sweet Potatoes Market - Food and Beverages Industries have Emerged Growth

Introduction: 

Sweet potatoes are basically root vegetable which is rich in starch, vitamins, potassium, fiber and higher source of beta carotene. They primarily considered as a staple food as have significant proportion in form of daily routine intake food products. Nowadays the product has become more popular due to its wide application in ethnic cuisines, culinary uses, everyday meal and many other food products. This has insist the food manufacturers and companies to offer different varieties of snacks, meals, syrups etc. to cater the growing demand of consumers in global level food market. Production of sweet potatoes has increased substantially over the past decade and majority of demand accounts from North America, Europe and countries from Asia-pacific region. 

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Market Dynamics of Sweet Potato Market: 

Market of sweet potatoes is expected to drive by its greater demand from food manufacturer’s as companies are offering innovative everyday meal products, snacks, meals made with sweet potatoes. On the other side, market of sweet potato market is also gaining traction from demand side drivers as it is mostly consumed in everyday meal and also from the side of health conscious consumers who are seeking for food products with health benefits. Moreover, the demand of sweet potato is also growing as it used as a taste enhancer and to increase the texture in food recipes. 

Market Segmentation of Sweet Potato Market: 

Market segment of sweet potato in food and beverage industry is segmented on different basis such as by application, by form, by type and by end use. On the basis of application, its market segmented in food, beverage and animal feed. In food, sweet potatoes market is sub-segmented into culinary food, snacks and meals and in beverage, the sub-segment of product includes alcoholic and non-alcoholic beverages. Market segment as per the form, is segmented as flour, paste and as a whole product. Another segment of sweet potatoes market is on the basis of type which includes canned, frozen and puree and as per end use market segment, it includes commercial use and residential use. On analyzing the demand of sweet potatoes on pie chart, it assessed that food industry acquires majority of market share in terms of both volume and value. In terms of consumption, the demand of sweet potatoes has increased in past decade due to its higher demand in preparing culinary dishes, snacks, everyday meals and in many other food products. Furthermore, demand of sweet potatoes is also growing in international market due to its high nutritional value as it is good source of vitamins and minerals such as Vitamin A, C, B1, B2, and B6, fiber, phosphorous, potassium and many other minerals. 

Key Market Players in Sweet Potatoes Market: 

Major players in sweet potatoes market are: Bright Harvest Sweet Potato Company, ConAgra Foods, Inc., Nash Produce, The Sweet Potato Spirit Co., Ham Farms, Dole Food Company Inc., McCain Foods Limited, Carolina Innovative Food Ingredients, H.J. Heinz Company Brands LLC., and Wayne Bailey Produce Company.

Factors Driving Global Cold Pressed Juice Market through 2016 and Beyond

Cold pressed juices are increasingly gaining popularity worldwide. The technique used for their manufacturing helps in keeping their nutrients intact, making them flavorful and safe to drink. A research report by Transparency Market Research (TMR), titled “Cold Pressed Juice Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024,” includes an extensive study of all the important aspects of the market. It takes the historic and current scenario into consideration to offer insights into future trends of the global cold pressed juice market. 

The rising disposable income of people around the world is resulting in increased spending on lifestyle products. This, in turn, is providing a fillip to the global cold pressed juice market. The growing awareness regarding the numerous benefits offered by cold pressed juices coupled with the heightened sense of health consciousness is translating into the greater uptake of these juices. They are rich in anti-oxidants, vitamins, and minerals, which offer beauty and detoxifying benefits. 

The prevalence of a belief that the consumption of these juices prevents the occurrence of cancer, eliminates toxins, and reduces the intake of artificial food components is also stoking the growth of the market. On the flip side, these juices are organic and are manufactured using high-pressure processing (HPP) procedure, which makes them costlier than the usual juices. This is, therefore, acting as a stumbling block for the global cold pressed juice market.

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On the basis of type, the global cold pressed juice market can be segmented into vegetable juices and fruit juices. Based on distribution channel, the market can be divided into retailers, online retailers, departmental stores, grocery, online retailers, and super or hypermarkets. From a geographical standpoint, the report categorizes the global cold pressed juice market into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Europe and North America will account for a large cumulative share in the global market. The growth of the regions can be attributed to the high spending power and heightened awareness among the populace. Asia Pacific will experience healthy growth owing to the widening base of middle-class population and increasing health consciousness among people. 

Players in the cold pressed juice market are banking on pasteurized technology for manufacturing in order to meet the demand of consumers. To expand their base of patrons, companies are focusing towards product and packaging innovation. Some of the key participants in the market are Pressed Juicery, Evergreen Juices Inc., PepsiCo Inc., Suja Life, Evolution Fresh, Liquiteria, JustPressed, Organic Avenue, Juice Generation, and Organic Press Juices.

Natural Berry Flavor Market: Innovations and Advancements to Encourage Growth

Berry refers to the small, pulpy, edible fruit that are usually juicy, rounded, sweet or sour in taste. Some of the common examples of berry include blueberries, strawberries, raspberries etc. Natural berry flavor is widely used in jams, cakes, preserves, and pies. Natural berry flavor is gaining high demand in the industry owing to its high anti-oxidant properties. It helps in neutralizing free radicals that may develop cancer, cardiovascular disease, and other age-related conditions. It is also rich in vitamin C which helps in collagen formation and supports healthy immune system. Natural berry flavors market has taken a huge leap forward with the rising demand of fruit flavors in the food & beverage industry. Factors such as changing taste and preferences of consumers, increasing health consciousness, new product developments, and the improved supply chain to ensure product availability, are driving the growth of global natural berry flavor market.

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Geographically, the global natural berry flavor market can be segmented into major regions including North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, North America is expected to be the largest market for natural berry flavors. Increasing demand of natural flavors that enhance the taste and are free of artificial ingredients, preservatives and high sugar, is one of the major factor contributing to the high market share of natural berry flavor in North America. Asia Pacific region is projected to be the fastest growing market owing to the increased applications of natural berry flavors in the food & beverages industry. 

Natural Berry Flavor Market is expected to witness modest growth during the next couple of years. Natural berry flavor has gained a significant boost with the high demand of clean label and natural flavors in the food & beverages. The growth is supported by various macro-economic factors such as population growth, recovered GDP, and increased disposable income have played a major role in elevating the demand of natural berry flavors market. In addition, its high demand is attributable to the increased use of berry flavor in beverages and bakery applications. Rapid urbanization coupled with the changing life-style, change in taste and preferences, change in eating habits, along with the growing awareness level regarding health benefits of natural berry flavor are fueling the growth of global natural berry flavor market. However, rising cost of raw materials and the issues pertaining to the stability and sustainability of natural flavors over synthetic flavors are some of the factors affecting the growth of natural berry flavor market. Food technologist and companies in this market are continuously involved in research & development activities to enhance the natural berry profile so as to bring various flavors that can add taste and nutritional value of diets consumed. 

Some of the global key players in the natural berry flavor market includes Firmenich SA, Givaudan, Takasago International Corporation, Wild Flavors and Specialty Ingredients, Sensient Technologies Corporation, Symrise AG, Kerry Group PLC, Frutarom Industries Ltd. among others. Companies in the global natural berry flavor market are focusing upon expanding their product portfolio through new product launches.

Bangladesh Corn Oil Market Growing at CAGR of 5.9% during 2016-2026

Transparency Market Research (TMR) observe that the Bangladesh corn oil market is increasingly competitive due to presence of numerous local and international players and influence of intense internal competition. Some of the key players operating in the global corn oil market include Adani Wilmar Ltd, American Vegetable Oils, Inc., Associated British Foods plc, and Olympic Oils Ltd. The high competition among some of the producers and distributors are leading o adoption forward and backward integration strategies to emerge as a service provider or facilitate the production of corn oil by own. 

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TMR anticipated the revenue of the Bangladesh corn oil market was registered at US$167,073 in 2015 and expected to expand with a CAGR of 1.8% over the forecast period from 2016 to 2026 to attain value of nearly US$202,072 by the end of 2026. On the basis of product type, non-edible segment account for the share of nearly equal to 71.4% owing to increasing usage of corn oil as fuel and alternative for other fuel. On the basis of end use, livestock accounted for major share and expected to remain dominant with more than 34.9% share. 

Corn oil has both edible and non-edible applications globally while Bangladesh is one of the major consumer and importer of the edible oil. Growing demand for edible oil is creating lucrative opportunities in the local market in Bangladesh for coil oil. These opportunities are attracting players to invest for improving their production capacity and distribution channel. This local production activities are encouraged by government as these activities makes the country independent and reduces the import which is immensely beneficial for the corn oil market in the country.

Additionally, along with changing eating habits in the regions such as North America and Europe, these habits are changing in the Asia Pacific. Changing eating habits couple with improving living standards especially in Bangladesh is augmenting demand for healthier edible oils such as olive oil, rice bran oil, and corn oil. This increasing demand is driving growth of the corn oil market in Bangladesh. Furthermore, increasing disposable income has encouraged adoption of the corn oil which is driving growth of the corn oil market. 

In addition, easy availability of grains and corn couple with high profit margin for farmers and food sector is boosting growth of the corn oil market. Despite of these growth opportunities, factors such as unorganized market, weak distribution channels, and sale of loose packing oil are hampering growth of the corn oil market. Additionally, lack of proper knowledge due to low branding and advertising activities are crimping growth of the corn oil market.

Agricultural Disinfectant Market Expected to Reach US$2.5 bn by 2024

The global agricultural disinfectant market is foreseen in a report by Transparency Market Research (TMR) to find two or more companies such as The Chemours Company and The Dow Chemical Company showing their dominance in the coming years. With a view to achieve their goals, players could take to combined researches by shaking hands with other companies in the market. The nature of the vendor landscape could be vastly consolidated and highly competitive. Some of the top companies operating in the market other than the aforementioned ones are The Stepan Company and Zoetis.

TMR envisages the global agricultural disinfectant market to rise at a 4.4% CAGR during the forecast period 2016-2024 to be worth a US$2.5 bn by the end of 2024. Among other forms, liquid agricultural disinfectant could rank higher in the market while expanding at a CAGR of 4.9%. Regionally, Asia Pacific could show faster growth in the market while expanding at a 5.6% CAGR.

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Rising use of powerful disinfectants and increasing focus on routine cleanliness of farms are predicted to set the tone for valuable growth of the global agricultural disinfectant market. The demand in the market could be boosted with the need to ensure complete food security through sterilization or removal of harmful microorganisms. The growth of the market is projected to gain support from technological advancement in greenhouse production of fruits and vegetables and vertical farming. The demand for agricultural disinfectant could see a rise as a result of the rise of livestock application.

High increase in meat consumption and rising prevalence of livestock diseases are foretold to push the demand in the global agricultural disinfectant market. The need to adhere to government regulations, improve performance of agricultural disinfectants, and minimize operational costs could further increase the demand until the end of the forecast period.

Lack of knowledge about the proper application of agricultural disinfectant is envisioned to cause problems to the market in terms of growth. Wrong knowledge about the ill-effects of agricultural disinfectants on plants could also negatively impact market growth in the foreseeable future. Farmers in underdeveloped countries may not be financially able to afford agricultural disinfectants. This could be another growth restraint of the market. However, developing regions such as Asia Pacific are showing quicker progress in the market.

Rising need for crop protection with increase in population is expected to create a whole lot of opportunities in the global agricultural disinfectant market. Growing emphasis on the improvement of the effectiveness and quality of agricultural disinfectants through research and development could be a primary factor responsible for the growth of the market.

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Anthocyanins Market Expected to Reach US$387.4 mn by 2021

The global anthocyanins market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2015, thereby registering their dominance. 

To sustain growth amidst the prevailing competition, the leading players are trying out a plethora of strategies. For instance, they are engaging in mergers and acquisitions. Besides this, investment towards product innovation is steadily increasing. These strategies are adopted by market players to expand their footprint worldwide. Such strategies are therefore likely to have a significant influence on the global anthocyanins market. 

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TMR projects the global anthocyanins market to reach US$387.4 mn by 2021 from US$300 mn in 2015. Over this period, the market is forecast to report a CAGR of 4.4%. Among the key application segments, the food and beverages industry is likely to lead the market in 2015. The trend is likely to remain unchanged through the course of the forecast period. Regionally, the Europe anthocyanins market held the leading share in the global market in 2015. TMR projects the market to remain dominant through the course of the forecast period. 

Anthocyanins consumption has positive effects on human health. Studies have shown that they have anti-allergic, anti-oxidant, anti-microbial, and anti-inflammatory properties. Besides these, anthocyanins also help in improving microcirculation of the body. Anthocyanins are expedite metabolism process, the rising awareness about which is likely to bode well for the market. Anthocyanins also fight oxidative stress, which can escalate heart ailments. Furthermore, consumption of anthocyanins can help reduce obesity in humans. TMR expects that the market will significantly gain from the rising awareness about health benefits offered by anthocyanins. Additionally, the steadily rising demand from India, China, Brazil, Argentina, and Indonesia will steer growth in the global anthocyanins market. 

Anthocyanins are extracted from natural resources, which makes them difficult to work with. Raw materials used for deriving anthocyanins come at a higher price than those used for extracting artificial colorants. Besides this, anthocyanins lack color intensity unlike their synthetic counterparts. Additionally, the synthetic variants help maintaining the vibrancy of the color. Therefore, the rising demand for synthetic anthocyanins may hamper the global anthocyanins market to an extent. 

Furthermore, factors such as the absence of a wide ranging color pallet and implementation stringent guidelines controlling the use of food additives may negatively the market the market. Nonetheless the demand for natural food colors is likely to remain steady through the forecast period. Expansion of the food and beverage industry and the steady use of anthocyanins in the sector will enable the market sustain growth in the coming years.

Yogurt Market in North America: Introduction of Various Flavors & Types Ensures Contin-ued Market Growth

The North America yogurt market is consolidate in nature, notices Transparency Market Research. Five global players which are Private Label, Chobani, Fage Danone, and Yoplait, holds a whopping of 74.3% of the overall share in the region. Certain strategies have aided these players in the region to have a strong customer base in the region. Of these, product innovation have not only augmented the sales rate, but also provided product differentiation, this have helped in formulating brand names. Apart from these, manufactures are focusing on attractive packaging, which is likely to make customer turn around their heads. This is also anticipated to aid the market to fetch stupendous growth rate. 

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According to a report by TMR, the global North America yogurt market is anticipated to witness an impressive rise of 3.0% CAGR during the forecast period. The market which was valued at US$11.8 bn in 2015 is predicted to touch US$14.59 bn by the end of the assessed period. 

On the basis of packaging, the North America yogurt market can be segregated into cups, tubs, pouches, and jars. Of these, cup packaging witnessed a significant rise in uptake owing to the convenience and eye catching packaging by the various manufacturers. Cup packaging nearly held a noteworthy share of 70% in the market recently. On the basis of geography, the U.S leads the market owing to a significant amount of contribution from the country. The U.S is anticipated to see a steady rise of 3.0% CAGR. 

The North America yogurt market is mainly driven by the increasing health conscious population. Various health benefits associated with yogurt is making people in the region opt for it. Rising awareness among individuals regarding the weight reduction by consuming yogurt is prophesized to help the market grow. Increase cases of obesity, particularly in the U.S due to increased consumption of canned foods, processed foods, and fast foods have helped the market to grow. Apart from these, increase in disposable income in the reason along with changing dietary styles of people is fueling the market growth. Another factor which is considered to burgeon the market is the easy availability of yogurt, even in the developing areas of the region. Product innovation is considered to favor the growth of market, for instance, players are coming up with low fat yogurt for weight conscious people. 

Increasing demand for product with no or minimal amount of artificial additives and preservatives is likely to take market to new heights. Availability of various flavors of yogurt such as Greek yogurt, Icelandic yogurt, Australian yogurt, traditional yogurt, non-dairy yogurt, and kids’ yogurt is anticipated to stoke market growth. Use of yogurt in various cuisines is also anticipated is likely to foster market. . Presence of abundant international and regional raw material suppliers in the region is likely to aid the market to grow smoothly. Low cost of raw materials required for manufacturing yogurt is likely to abode well with market growth.

Kosher Salt Market Expected to Reach US$1517.2 mn by 2024

As per a report by market intelligence company Transparency Market Research (TMR), the global kosher salt market is led by K+S Aktiengesellschaft, Cargill, Inc., and Compass Minerals which are the top three companies, that held a whopping 70.4% of the total market in 2015. Thus, the market is consolidated with just a basic scope of growth for local business. As per TMR, the global kosher salt market is expected to be worth US$1517.2 mn by 2024, with China as its leading regional market, followed by the U.S. 

In terms of product, the market is segmented into kosher salt flakes, kosher salt, and kosher salt crystals. By end user, the market is segmented into food and beverage manufacturers, food service companies, and kosher salt flakes. By packaging material type, the market is segmented into cardboard and paper, plastic, and others. 

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High Demand for Use in Meat by Chefs to Boost Growth of Kosher Salt Market 

Since kosher salts are less intense in terms of taste and purer than table salt, they are a great choice for cooking and seasoning meat, as it can aid in the cooking of quality meat without making the preparation too salty. The growing preference by renowned chefs all over the world to cook meat with kosher salt is one of the key factors boosting the growth of this market. as per TMR, “the increasing preference for this salt is also attributed to the fact that these salts are granular and coarse, allowing people to pick them up by and for measuring and using it to cook.” The growing food and beverage industry is having a positive impact on the growth of the global kosher salt market. 

Growing Consciousness among Consumers Regarding Benefits of Kosher Salt to Drive Demand 

The global kosher salt market is presently being boosted by the increasing consciousness among users from both developing and developed countries regarding the advantages of using kosher salts in comparison to processed salts. In addition, the market also profits from the facts that the in general need of kosher salt for utilization is more in comparison common salt due to its high surface area and open granular arrangement. 

The growing awareness regarding the benefits of consuming kosher salt as compared to processed salt will drive the market. The market also benefits from the fact that kosher salt is required more as opposed to table salt on account of their open granular arrangement and high surface area. On the other hand, the absence of kosher salts in certain geographical areas of the world is restricting the growth of the market.

Functional Food Ingredients Market Expected to Reach US$32.40 bn by 2024

The global functional food ingredients market is consolidated in nature with a few players operating in it across the globe, stated a new market research study by Transparency Market Research. The leading players in the market, such as Cargill, Inc., Associated British Foods PLC, and BASF SE are anticipated to collectively hold a large share of the overall market throughout the forecast period. In order to sustain in the fierce competition and enhance their market penetration, the key players are focusing on advertising and marketing activities. In addition to this, innovations and developments in this field is estimated to encourage the growth of the global functional food ingredients market in the next few years. Furthermore, the rising number of mergers and acquisitions and strategic partnerships are anticipated to generate promising growth opportunities for the market players throughout the forecast period. 

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According to the market research study by Transparency Market Research, in 2016, the global market for functional food ingredients was worth US$20.35 bn and is likely to reach a value of US$32.40 bn by the end of 2024. As per the report, the market is predicted to register a healthy 6.0% CAGR between 2016 and 2024. 

Increasing Demand for Functional Food Ingredients to Drive North America Market 

In the last few years, North America led the global functional food ingredients market by holding a large share of the market. The rising demand for functional food ingredients, owing to the rising number of restaurants is projected to encourage the growth of the North America market in the next few years. Furthermore, Latin America and Asia Pacific are estimated to witness a healthy growth in the next few years. The increasing contribution from Brazil, India, and China is estimated to enhance the growth of these regions in the next few years. In addition to this, the rising disposable income of consumers and the increasing working class populations are some of the other key factors, which are predicted to accelerate the growth of Asia Pacific and Latin America throughout the forecast period. 

On the basis of ingredients, the global market for functional food ingredients has been categorized into carotenoids, essential oils, vitamins, minerals, probiotics, omega 3 and 6 fatty acids, prebiotics and dietary fibre, hydrocolloids, soy protein, and proteins and amino acids. The rising demand for functional foods and beverages across the globe is anticipated to enhance the growth of the overall market in the next few years. In addition, the rising awareness among consumers regarding the benefits is likely to enhance the growth of the market in the near future. 

Rising Awareness among Consumers to Encourage Market Growth 

The increasing cases of chronic cases and the rising health awareness among consumers concerning the benefits of making use of functional food ingredients are some of the key factors that are projected to enhance the growth of the market in the next few years. In addition to this, the growing demand for fortified beverages and food products is another major factor, which is estimated to accelerate the growth of the market in the near future. On the flip side, the vulnerability to the seasonal changes and the rules and regulations for food safety are projected to restrict the growth of the global functional food ingredients market throughout the forecast period. Nonetheless, the rising opportunities in developing economies are projected to encourage the growth of the overall market throughout the forecast period.

Global Arak Market Expected to Reach US$27.6 by 2024

Prominent players operating in the global arak market include Domaine des Tourelles, Lebanese Fine Wines Ltd., Château Ksara, Haddad Distilleries, Lebanese Fine Wines, Eagle Distilleries Co., and Abi Raad Group, finds Transparency Market Research (TMR). A number of top players are likely to consolidate their partnerships to maintain their stronghold in the market. Several leading companies focused on product innovations are launching exotic flavors, in a move to gain a competitive edge over others, observes TMR. In addition, they are exploring a combination of impactful marketing strategies to help them stay ahead of their rivals. 

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The global arak market stood at US$20.8 mn in 2016 and is projected to reach a valuation of US$27.6 million by 2024 end. The global market is prognosticated to clock a CAGR of 3.6% during the forecast period of 2016–2024. 

Globally, the various distribution channels for the sales of Arak comprise travel retail, supermarket, bar/pub, and liquor shop. Of these, the supermarket segment is expected to rise at a major rate over the assessment period. By the end of 2024, the distribution channel is estimated to hold the dominant share of 66.8% in the global market. The prominence of the channel is attributed to its extensive reach, the availability of a wider range of products, and the provision of in bulk. 

Regionally, the Middle and Africa (MEA) accounted for the leading global share of 64.5% in 2016 and is expected to collect attractive revenues over the forecast period. The regional market is led by countries such as Lebanon, Jordan, and Syria. The MEA is trailed by North America. 

Rising Popularity of Arak as Flavored Drink among Young Adults to Boost Market 

The global arak market is primarily being driven by the steadily rising demand for arak among young adult populations in developing and developed regions. The widespread popularity of ethnic alcoholic drinks in numerous countries in the Middle East such as Lebanon, Jordan, Israel, Palestine, and Syria is a noteworthy factor propelling the demand for arak. The popular demand for aniseed-flavored spirits across the millennial generation in these countries is bolstering the consumption of arak in major regions. 

The rising use of arak as an exotic ingredient in making high-quality cocktails and their substantial demand in restaurants in various countries of Middle East is expected to accentuate the growth of the global market. Intense efforts by arak manufacturers in the region to expand their production capacity in recent years is providing a robust impetus to the growth of the market. Furthermore, considered as a part of ethnic drink, a burgeoning hospitality industry in countries such as Lebanon is a crucial factor offering a robust fillip to the demand for arak. 

Persistently Volatile Political Scenario in Middle East Countries Crippling Demand 

However, the economic uncertainty precipitated by a persistently volatile political scenario in several countries of the Middle East is a critical factor adversely affecting the growth of the global arak market. The ongoing political tensions in Syria and the chaos caused by civil war are unfavorably impacting the growth. The rise in cost of production and sales of arak is severely hindering the demand in the country.

Nevertheless, the adoption of innovative mix of marketing strategies by manufacturers, coupled with the rise in disposable incomes, is boosting the global arak market. The launch of arak of premium varieties is a noteworthy trend anticipated to significantly catalyze the growth of the market. The vast changes in lifestyle of younger populations and a rapidly emerging hospitality industry in various parts of the MEA are offering a sustained thrust to the demand for arak. Furthermore, the advent of exotic flavors augurs well for the overall market.

Instant Coffee Market Growing at 4.8% CAGR during 2017-2025

The world instant coffee market is highly fragmented and it comprises multiple players. The market is estimated to experience substantial increase in the production capability as many different market suppliers are now focusing on the usage of advanced technologies for the production of high quality instant coffee. A boost in the volume of production will also allow the market players to cater to the ever increasing demand for instant coffee across the globe. The world market for instant coffee is mostly led by the prominent players who are working towards acquiring new brands so as to continue their market dominance and augment their share in the world market for instant coffee. 

The prominent market players that are operating in the world market for instant coffee are focusing on product innovation and are involving various acquisitions and mergers so as to expand their global presence. Some of the market players that are now dominating the world market are Keurig Green Mountain, Starbucks Corp., Tata Global Beverages, Tchibo coffee, Jacobs Douwe Egberts, Matthew Algie & Co. Ltd., Nestlé S.A., The Kraft Heinz Co., Strauss Group Ltd., and Unilever Plc. 

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The world market for instant coffee stood at an initial market valuation of around US$ 28.12 bn in the year 2016. This market valuation is anticipated to reach an overall valuation of around US$ 42.5 bn by the end of the year 2025. This growth of the world market for instant coffee is projected to be achieved with the assistance of a sound CAGR of 4.8% over the course of the given forecast period that extends from the year 2017 to 2025. 

Asia Pacific to Lead the Market over the Period of Forecast 

The world instant coffee market has been regionally segmented into the geographies of Latin America, North America, Asia Pacific, Middle East and Africa, and Europe. With a share of around 35.7%, the region of Asia Pacific dominated the overall market in the year 2016 and is anticipated to remain on top over the next few years to come. The increasing interest of consumers for instant coffee in India and China has been driving the said market for instant coffee in Asia Pacific. 

Amongst others, the demand for instant coffee is particularly high in the Rest of Europe. Various countries, such as Bulgaria, Russia, and Poland demonstrate a considerably high rate of demand, which is estimated to continue to rise in the years to come, thereby retaining the second position in the world instant coffee market. North America, on the other hand, is anticipated to witness a decline in the demand for instant coffee in the near future owing to greater preference for filter coffee. 

Evolving Consumption Pattern to Fuel Market Growth 

Instant coffee has become quite popular amongst the common people due to rising urbanization and economic growth. This comes down to the fact that people have more money to spend and also they prefer instant beverages as opposed to those that have waiting time. 

Ever evolving lifestyle and consumption patterns across the globe has been one of the driving factors for augmented demand for instant coffee. Easy preparation of instant coffee and its ready availability in a wide variety of flavors and formats are a few of the major driving factors for the growth of international instant coffee market. Furthermore, instant coffee comes with a higher shelf life due to its powdered texture and that makes it more commercial and popular amongst the vendors. Many of the popular instant coffee brands are advertising their specialty instant coffees which have resulted in the boost of world instant coffee market.