Global Nutraceuticals Market: Heavy Outlay on Healthcare and Mushrooming Demand for Functional Foods to Hold the Torch, says TMR

The global nutraceuticals market is analyzed to carry a consolidated nature and exhibit a high competitive scenario during the course of the forecast period 2015–2021. Amongst others, the leading companies of the world market, viz. Nestle S.A., Groupe Danone S.A., BASF SE, and Royal DSM N.V., are expected to collect a combined share of 52.1%. Other players such as Archer Daniels Midland Company are taking to acquisitions and agreements to enhance the quality of products and stretch their product portfolio. Asia, Europe, and North America are the chief regions targeted by top nutraceutical firms while being heavily involved in functional food manufacture.

As per the statistical findings of a report by Transparency Market Research (TMR), the international nutraceuticals market is prophesied to take home US$278.96 bn by 2021 from US$198.66 in 2016. North America is foreseen to win against the prospering Asia Pacific market with a US$107.90 bn share in the concluding forecast year. Functional food products have always been the star performer of the market with a US$61.27 bn revenue in 2016 and an expected US$85.21 bn in 2021.

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Lavish Healthcare Expenditure and Aggravating NCDs Endorse Usage of Nutraceuticals

Currently, the U.S., the U.K., India, and more regions of the global nutraceuticals market are observed to splurge high amounts on healthcare expenses due to extreme health concerns. Although this trend is foretold to stay alive for a short period until the end of 2017, the effect is anticipated to continue over a longer term. The ballooning disposable income is deemed to support the high healthcare spending in these countries.

There is an urgent need to eradicate non-communicable diseases (NCDs), especially in emerging nations, owing to their negative influence on low and middle income groups, global economy, national income, labor supplies, and private and government industries due to premature death.

The demand for functional foods is envisaged to swell on the back of a surging accentuation of healthy diet benefits, improvised distribution and transportation systems, elevating income, and soaring urbanization in the developed regions of the nutraceuticals market.

Nutraceuticals are regarded as the best alternatives for over-the-counter (OTC) and prescription drugs by both consumers and manufacturers in the world nutraceuticals market. For consumers, more commonly the aging population, nutraceuticals are better than pharmaceuticals because they provide nutritional as well as health boons. Besides this, they can be purchased without a prescription or doctor’s appointment. For drug manufacturers, nutraceuticals are a better choice as OTC and prescription medicines need to be produced according to the stringent regulations of the U.S. Food and Drug Administration (FDA) and a proof of their effectiveness and safety.

Product Prices Worth King’s Ransom Humble Global Market Rise

Less awareness about nutraceutical products and their spiraling prices could veto the progress of the global nutraceuticals market. However, Asia Pacific is studied to emerge as a high-paying market with multiple factors to support its rise such as escalating occurrence of digestive issues and coronary heart disease, health consciousness, healthy food consumption, and high disposable income.

Technological advancements in the form of enhanced encapsulation and extraction of omega 3 fatty acids involved in regular dietary foods are predicted to the help the world nutraceuticals market advantageously. This type of encapsulation cancels the smell and taste of fish while enjoying the health benefits of omega 3 fatty acids in dietary beverages. The application of nutraceuticals is not just limited to dietary supplements, they are also extensively used in probiotics and fortified food products, including ice creams, baked foods, and chocolates.

The study presented here is based on a report by TMR, titled “Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015-2021.”

Global Nutraceuticals Market, by Product Type

Functional Food

• Probiotics Fortified Food
• Omega Fatty Acid Fortified Food
• Branded Ionized Salt
• Branded Wheat Flour Market
• Others (nuts, grains, garlic)

Functional Beverages

• Fruit & Vegetable Juices and Drinks
• Dairy & Dairy Alternative Drinks
• Noncarbonated Drinks (bottled water, tea and coffee)
• Other (herbal tea, sports drinks, energy drinks)

Dietary Supplements

• Proteins & Peptides
• Vitamins & Minerals
• Herbals ( Ayurvedic extracts, plant extracts, algal extracts, phytochemicals)
• Other (fatty acids, fiber)

Personal Care and Pharmaceutical

Food Security Technologies Market - 2015 to 2023 Review: A Look at What's New & Improved

Global Food Security Technologies Market: Snapshot

Food security refers to the condition in a given country that determines the sufficiency of food that offers adequate nutrition to one and all. In recent years, the world has been undergoing a major food crisis, with citizens in certain parts of the world are suffering from malnutrition and hunger. Owing to these reasons, governments across the globe are adopting various food security technologies to bridge the gap between the fortunate and the unfortunate ones and devise meaningful solutions to the persistent problem of lack of food for many.

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Transparency Market Research has assessed the global food security technologies market thoroughly using Porter’s five forces analysis and SWOT analysis. The research report provides a comprehensive take on the market dynamics governing the overall scenario. Furthermore, it points out the strengths, weaknesses, opportunities, and threats that are impacting the segments in the market. The research report also explains the competitive landscape present in the global market.

Global Food Security Technologies Market: Drivers and Trends

The global market for food security technologies is witnessing a phenomenal rise due to several reasons. The prominent reason supporting the rise of this market is the increasing uptake of applications to assess the progress of agricultural development in various regions of the world. Unwavering government support to mitigate the ongoing food crisis and shortage has also augmented the demand for food security technologies over the past few years. Analysts anticipate that the growing awareness about the paucity of food and its consequences such as acute malnutrition, diseases, irreversible conditions, and starvation have also triggered a major demand for these adept technologies. The Food and Agriculture Organization (FAO) states that the increasing focus on organic agriculture technology brought in 37 million hectares under organic cultivation in 2012. Thus, the remarkable rise in the application of organic agriculture along with other advanced technologies is expected to spike the demand for food security technologies between 2015 and 2023.

The growing support from the government to enhance the agricultural produce is also expected create a huge demand for food security technologies in the coming years. For example, Government of India has been launching schemes in support of agricultural technologies that have been designed and developed to help farmers to improve their output in the coming few years. Increasing rate of literacy in the rural areas and the intensifying needs to overcome environmental challenges, especially in emerging economies, have also led to a keen interest in food security technologies market.

However, the global food security technologies market faces a few challenges. The key obstacles in the global market are the high cost of implanting technology, lack of skilled resources to operate the new applications and technologies, technical glitches such as lack of electricity, heavy rainfall, draught, excessive heat or cold weather that prevent optimum utilization of these technologies.

Global Food Security Technologies Market: Regional Outlook

In terms of geography, the global food security technologies market is segmented into North America, Europe, the Middle East and Africa, Asia Pacific, and Rest of the World. Of these, North America and Europe hold a dominant position in the overall market. The high adoption of technologies and increasing investments in research and development to understand the burgeoning crisis of food security are expected to keep these regions in the lead. Analysts expect that Asia Pacific is also expected to show a steady growth in the global market due to increasing interest by the government in mitigating the food-related issues and rising awareness about starvation and malnutrition. Analysts expect that increasing population of Asia Pacific and high penetration of technology in the region will also augment the demand for food security technologies in the region.

Key Players Mentioned in this Report are:

Some of the key players mentioned in the global food security technologies market are Bayer CropScience AG, Cargill, DuPont Pioneer, Incorporated, H.J. Heinz, Nestle, Mahindra and Mahindra, Kraft Foods Inc., John Deere, Novozymes, BASF, and others.

Canola Oil Market: What's Next? The Biggest Augmented Reality Trends of 2016-2024

Global Canola Oil Market: Overview

The use of canola oil has increased over the years. Due to its high demand, the production of oil has also augmented remarkably. A considerable section of the population is switching to this oil due to its health benefits, especially for heart ailments. It contains omega-3 and omega-6 fatty acids that are good for heart. It is also the third-largest oil crop in the world. Canola oil is obtained from the seeds of rapeseed. Its usage can be found in the food industry, biofuels, and oleo chemicals.

On the basis of end use, canola oil can be segmented into retail, cosmetics, restaurants, and food processing. The retail segment holds the maximum market share. The cases of heart ailments are increasing and people are preferring to use safer and healthier alternatives such as canola oil. Plus, in the cosmetic industry, this is considered as a wonder oil for its multiple benefits.

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In the report, Transparency Market Report (TMR) provides a detailed analysis of drivers and restrictions in the global canola oil market. It also delivers insight into the segments and regions of the market.

Global Canola Oil Market: Drivers and Restraints

Canola oil has several health and beauty benefits. With a large section of the population suffering from cardiovascular diseases, canola oil is used widely due its omega-3 and omega-6 fatty acid contents. High oleic acid properties in canola oil aid in lowering the level of bad cholesterol without disturbing good cholesterol present in our body, thereby limiting the risk of heart ailments. The growing awareness about the goodness of canola oil is one of the crucial factors responsible for the growth of the market. Moreover, the use of canola oil in the cosmetic industry has increased exponentially. With its anti-aging properties, this oil is useful in controlling wrinkles, blemishes, acne, and fine lines. Another driving factor is the use of the remaining material as livestock feed, which is considered the second-most favored feedstock after soybean.

The prices of canola oil are comparatively higher than other edible oils available in the market, restricting its large-scale adoption. In addition, the readily available substitute, soybean, limits the growth of the global canola oil market.

Global Canola Oil Market: Regional Outlook

On the basis of region, the market can be segmented into Europe, Asia Pacific, North America, and Rest of the World. Europe accounts for the dominant share in the canola oil market. It is also the leading producer of canola oil in the world. Among the countries in the world, China comes in second, in terms of production volume, whereas, Canada leads in terms of total export of canola oil, this makes Asia Pacific and North America prominent regional players of the market.

Canola oil is gaining prominence not only in developed economies, but in emerging economies as well. The market is growing by leaps and bounds due to heavy demand from retail sectors and strong distribution channels.

Companies Mentioned in Report

The market for canola oil is highly fragmented and with the growing demand, the competition is expected to get intense in the coming years. Some of the prominent players in the canola oil market are Archer Daniels Midland Company, Associated British Foods plc, Jivo Wellness Pvt. Limited, and The J.M. Smucker Company.

Cold Pressed Juice Market – 2016 to 2024 Review: A Look at What's New & Improved

Global Cold Pressed Juice Market: Overview

Cold pressed juices are increasingly growing in popularity worldwide. They are made by pressing, or “masticating” juice from vegetables and fruits. These juices are not only safe to drink a few weeks after being packed, but they contain high amounts of nutrients too. In the extraction of cold pressed juices, a juicer that works on a hydraulic press that squeezes juice from fruits or vegetables is used. After the juice is bottled and sealed, it is placed in a large chamber wherein a high amount of pressure is applied in order to inactivate pathogens. This enables the juice to remain nutritious, flavorful and safe to drink.

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The report analyzes several key factors in the global cold pressed juice market such as current market trends and dynamics, market drivers and restraints, growth opportunities, competitive landscape, the supply and demand ratio, stakeholder and value chain analysis, and complete backdrop analysis. The report reveals key information about the major market players, their business tactics, product portfolio, and shares held by each of them. Historical, current, and projected market sizes are given in addition to recommendations for companies.

Global Cold Pressed Juice Market: Drivers and Restraints

A growing consumer base spending on lifestyle products, heightened sense of health awareness, maximum health benefits offered by these juices, rising disposable income of people, and an expanding population base are some of the key factors contributing toward the growth of the cold pressed juice market globally. The popularity of liquid “cleanses”, coupled with the obsession with looking slim and fit are fuelling demand. Cold pressed juices are high in minerals, vitamins, and anti-oxidants. The detoxifying and beauty benefits offered by these nutrients in cold pressed juices are also driving the market. Healthy, glowing skin is desired by the female population worldwide. Moreover, cold pressed juices are easily available on a local basis. The prevalence of a belief that organic fruit juices prevent the incidence of cancer, eliminate toxins, and minimize the intake of artificial food components will further boost market expansion.

The market for cold pressed juices has been categorized based on type, channel of distribution, and nature. According to the distribution channel, grocery, retailers, super or hyper markets, online retailers, and departmental stores are the key market segments. Based on nature, organic and conventional juices are the two categories. Fruit juices and vegetable juices are the two segments based on type.

Since these juices are organic and involve the High Pressure Processing (HPP) manufacturing procedure, they are more expensive than the usual juices. This can pose as a major challenge to the global cold pressed juice market.

Global Cold Pressed Juice Market: Regional Outlook

On the basis of geography, the global market for cold pressed juice is broadly divided into five major regions, namely, Asia Pacific, Latin America, Europe, North America, and the Middle East and Africa. The major countries discussed in the report include Canada, France, Poland, Japan, Mexico, Brazil, the U.S., Germany, India, New Zealand, North Africa, GCC, Spain, Benelux, Russia, the U.K., ASEAN, China, and Australia. Europe and North America are the leading regions in the global cold pressed juice market.

Companies mentioned in the research report

In order to cater to the demands of consumers, numerous companies have launched juices manufactured through the use of pasteurized technology. Some of the key companies operating in the global cold pressed juice market are Evergreen Juices Inc., Pressed Juicery, Suja Life, PepsiCo Inc., Liquiteria, Evolution Fresh, Hain BluePrint, Inc., LLC, JustPressed, Juice Generation, Organic Avenue, and Organic Press Juices.

Herbal Supplements and Remedies Market: The Biggest Trends to Watch out for 2015-2023

Global Herbal Supplements and Remedies Market: Overview

Herbs and plants are being extensively used for their medicinal properties since time immemorial. A large section of the global population is switching to herbal supplements due to their added health benefits. Herbal supplements or botanicals are natural non-pharmaceutical and non-food substances that are commercialized in the market to improve health.

The demand for herbal supplements is increasing due to their ‘natural’ label. Consumers are opting for herbal supplements to improve their health. Subsequently, increased prices of medicinal and dietary products have led to the growth of the global herbal supplements and remedies market.

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In the report, Transparency Market Research (TMR) provides a detailed analysis of drivers and restrictions in the global herbal supplements and remedies market. It also delivers insight to the various segments and regions of the market.

Global Herbal Supplements and Remedies Market: Drivers and Restraints

An increasingly sedentary lifestyle thus far is pushing consumers to lead a healthy life. The number of mental and health disorders are multiplying. More and more individuals are now looking at alternatives that are safer, healthier, and economical. Herbal supplements are gaining prominence due to increased awareness among consumers.

Globally, herbal supplements have slowly and steadily gained the confidence of consumers. They are ready to include herbal supplements in their daily dietary regime and this in turn has led to the growth of the market. In addition, high healthcare costs, inactive lifestyle, tighter government budgets, and increasing prices of medicinal and dietary products have driven consumers to shift to more economical options such as herbal supplements. To get long lasting relief from physical and mental disorders, herbal remedies are proving to be the safest alternative.

Recently, with the introduction of Current Good Manufacturing Practices (CGMP) regulations by the U.S. FDA, the herbal supplement and remedies market in the U.S. had been booming and enjoying no regulation policies. The stringent regulatory policy is now applicable to herbal supplements as well and is one of the major factors limiting the market growth. Product availability and acceptance, forms of delivery, and product pricings are some other factors that might negatively affect the overall size of this industry.

Herbal supplements claim to be natural; however, this might not be true always. There can be various harmful side effects and thus it is always recommended to use these products after a thorough consultation with an herbalist or a physician.

Global Herbal Supplements and Remedies Market: Regional Outlook

Geographically, North America accounts for the leading share in the global market. Supplementary vitamins and dietary supplements in this region use herbal products in high quantity, thus making it the dominant segment. Europe follows suit and is another promising region for herbal supplements and remedies. Higher consumer acceptance rate for herbal products and welcoming legislation, plus acquisitions of small nutraceutical companies by established pharmaceutical companies, have played a crucial role in aiding market growth in Europe.

Asia Pacific and Latin America are two regions that have contributed immensely toward the market growth. Countries such as China, India, Malaysia, and Singapore are expected to boost the demand for herbal supplements owing to increased focus on using herbal products, a rise in research activities on dietary supplements, and growing acceptance rate for herbal remedies.

Companies Mentioned in the Report

The key players in the global herbal supplements and remedies market include Sundown Nutrition, Twinlab Corporation, Martek Biosciences Corporation, Natures Aid, DSM Nutritional Products Ltd., i-Health, Inc., Nutraceutical Corporation, Ricola AG, Bio-Botanica, Inc., ARKOPHARMA Pharmaceutical Laboratories, and The Himalaya Drug Company.

Soups Market - Canned & Dried Varieties of Soups Hold a Sway in the Asia Pacific Market

Asia Pacific Soups Market: Snapshot

The changing lifestyle in the Asia Pacific has brought about a healthy demand for different types of soups. Going forward, the consumption of soups in terms of volume is slated to witness changes on account of the changing eating habits of people and rising income levels in the region. The nations of China, Australia, Hong Kong, Indonesia, India, Japan, Singapore, Malaysia, New Zealand, Philippines, and Thailand exhibit different trends when it comes to soup consumption.

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Soup, a staple of most Asian meals, has seen its market expand in the region on the back of demand for convenient and healthy food products. Another factor driving growth in their market in Asia Pacific is the increasingly busy lifestyle of the people which leaves them little time and energy to prepare elaborate meals. Besides, rising disposable incomes and rapid urbanization in the region have also resulted in an upswing of sales. Hence, packaged soups are seeing swift uptake these days in Asia Pacific.

Top-tier players in the Asia Pacific market for soups are Unilever, Maggi, and Campbell’s. The unique selling points of their products are cost-effectiveness, taste, and innovation. As per Transparency Market Research, the Asia Pacific soups market was worth US$2025.5 mn in 2014. Rising at a steady CAGR of 5.3%, it is expected to reach a value of US$2766.6 million in 2020.

Canned and Dried Varieties of Soups Hold a Sway in the Asia Pacific Market

Based on the different types of soups, the Asia Pacific soups market can be classified into frozen soups, dried soups, chilled soups, canned soups, and UHT soups. Among them, canned soups and dried soups are the two crucial products having a stronghold in most countries. The dried soup segment, for example, dominates the market in Indonesia and India. Canned soups are also seeing substantial sales in Indonesia. Markets in Singapore, China, Australia, and New Zealand have demand for each of the five types of soups.

Manufacturers in the Asia Pacific soups market are exploring various methods to make further inroads into the lucrative markets of India and Indonesia. For example, manufacturers are trying to bring out new varieties of ready-to-eat mixes which would just require adding some warm water or milk, and thereby help busy consumers save their precious time. Additionally, they are also experimenting with different flavors to appeal to different palates.

Soups are purveyed through different channels. Some of them are convenience stores, cash and carries, supermarkets/hypermarkets, and food and drinks specialists. Of those, supermarkets and hypermarkets are dominant marketing channels on account of the rising fortunes of the people in the region.

China a Key Market due to Rising Disposable Incomes

The key geographic segments in the global soups market are Singapore, Hong Kong, India, China, Japan, New Zealand, Thailand, and Indonesia. Among them, China is one of the key markets for soups and going forward too will continue holding a sway on account of growing disposable incomes, hectic schedules, and shorter meal times. Other important markets are Japan, Australia, and New Zealand due to the busy lifestyle and strong purchasing power of the people in the countries. The market in India, however, is slated to expand at a breakneck speed due to untapped opportunities. This coupled with the increasing spending power of the people, the burgeoning supermarkets and hypermarkets, and substantial population will bring about significant growth in the country.

Cheese Market is likely to Grow by CAGR of 4.4% from 2013 to 2019

Global Cheese Market: Snapshot

The global market for cheese is estimated to grow significantly due to its nutritional value. It is one of the most widely consumed dairy products. Cheese is commonly used in cooking and with a rise in fast food chains across the world, it is gaining immense popularity. Owing to rapidly changing eating patterns across regions, the global cheese market is expected to witness subsequent changes as well.

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The variations in the taste and texture of cheese, along with its aging and processing techniques, have resulted in a significant variety of high-quality cheese sold around the world. Rapid urbanization, increase in disposable income, and a subsequent rise in the percentage of population eating out are a few of the key factors increasing the demand for cheese. However, rising health concerns regarding an unhealthy diet are limiting the growth of the global cheese market. Being a perishable product, the widespread adoption of cheese is also restricted.

According to Transparency Market Research, the cheese market is expected to reach US$105.13 bn by 2019.

Increase in Fast Food Chains to Boost Demand for Processed Cheese

The global cheese market can be segmented on the basis of product into processed and unprocessed. The unprocessed cheese market, in terms of size, is projected to grow at a slower CAGR than that of the processed cheese market. However, due to its originality of taste, the demand for unprocessed cheese is expected to witness a growth in developed economies. The demand for processed cheese has been growing in developing economies such as China and India among others, due to an increase in the number of fast food restaurants. Over the next few years, major developed economies such as Germany, Canada, the U.S., and the UK are estimated to witness a demand for natural or unprocessed cheese.

On the basis of distribution channels, the market is classified into supermarkets/hypermarkets, food grocery, and convenience stores. Supermarkets/hypermarkets are the most favored distribution channels and are projected to dominate the market by 2019, followed by food grocery and convenience stores. However, improving lifestyle of the people in developing economies are expected to aid the growth of supermarkets and hypermarket in the near future.

Inclusion of Cheese in Daily Diet makes Europe Market Leader

Among North America, Europe, Asia Pacific, and Rest of the World, Europe accounts for the dominant market share. The factors responsible for the growth of the market in this region are the busy lifestyle and heavy dependence on quick-service and fast food restaurants. In addition, its inclusion in daily diet is promoting the demand for cheese. European countries also produce and export cheese to other regions, making it the market leader. Several major markets in Europe, such as Germany, have already reached maturity. On the other hand, emerging markets in the region, such as Bulgaria, Ukraine, and Greece, are expected to witness a growth in the demand for cheese.

Due to increase in disposable income, urbanization, and exponentially growing fast food chains, Asia Pacific has emerged as a key market for cheese. The Asia Pacific market for cheese is anticipated to exhibit a 7.90% CAGR between 2013 and 2019. During the forecast period, countries such as China, India, and Japan are expected to contribute considerably towards the growth of the market.

Mondelez International Group, Alra Foods Inc., Bongrain S.A., Fonterra Co-operative Group Ltd., GCMMF- Amul, Saputo Inc, Fromageries Bel S.A., and Almarai Company Ltd are some of the key players in the global cheese market.

Extruded Snacks Market - Positive Long-Term Growth Outlook 2026

Extrusion technique which is used in food processing is known as food extrusion. It is a procedure by which a number of assorted ingredients are forced through an opening in a holed die or plate with a pattern explicit to the food. Then it is cut to an indicated size with the help of blades. The extruder machine consists of a huge gyrating screw firmly fitted within a fixed barrel; at the end of the barrel is the die. The process of extrusion allows mass manufacturing of food through an endless, well-organized system that guarantees homogeneity of the end product. Food products which are manufactured using this technique typically have very high starch content in them. These food items include many breakfast cereals, some pasta, breads, textured vegetable protein, ready-to-eat snacks, cookie dough, fat soy, confectionery, and certain pet foods, baby foods, and beverages.

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Currently, consumers are extra cautious about their snacking routines and are gradually embracing healthy snacking foods such as extruded snacks due to the benefits offered by them related to metabolism. Healthy snacking is also well-thought-of as an accompaniment to weight-loss, and these snacks deliver the essential vitamins and nutrients that the body needs. The nutritional substances of extruded snacks can be transformed by altering the digestion competence of protein and starch. The increasing demand for weight management and healthy snacking is likely to drive the global extruded snacks market over the forecast period.

The global extruded snacks market can be segregated on the basis of product type, distribution channel, and regions. Based on product type, the market can be segmented into rice, corn, potato, and mixed grains. The potatoes section held the dominant market share in the extruded snacks market. The altering taste choices of different regions has encouraged global companies to introduce customized region-specific spiced snacks, which is poised to push the demand for this segment.

On the basis of distribution channel, the global market can be trifurcated into convenience stores, hypermarkets and supermarkets, and independent retailers. Hypermarkets and supermarkets constituted the maximum market share in the global extruded snacks market. These supermarket and hypermarket stores are well stocked with numerous ranges of extruded snacks from several brands. Consumers select hypermarkets and supermarkets for their errands due to the in-store advertising by vendors coupled with price comparisons. These factors are likely to spur the growth of the global extruded snacks market in the future.

In terms of geography, the global extruded snacks market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific is likely to be the major revenue-generating region in the global extruded snacks market. Customers in this region enjoy numerous snacking options obtainable at reasonable prices. However, shifting preference toward snacks with health benefits will drive the market in this region over the forecast period.

The market is highly disjointed because of the existence of many small and large vendors who compete on the basis of quality, innovation, price, reputation, service, promotion, and distribution. The growth prospects of market players are subject to changing consumer expenditure patterns, local, regional, and national economic conditions in addition to demographic trends. The players in the market face strong competition due to which they concentrate on introducing innovative products in order to meet the consumers' changing tastes. Primary vendors in the market are Diamond Foods, Inc., Calbee, Inc., ITC Limited, Frito-Lay, Inc., Kellogg Company, Bag Snacks, and Old Dutch Foods, Inc. Other noticeable wholesalers in the global extruded snacks market are Want Want Holdings Limited, Arca Continental S.A.B. de C.V., Axium Foods, Inc., JFC International, Inc., Aperitivos Flaper, Mondelez International, Amica Chips S.P.A., Universal Robina Corp., and AUEVSS Ltd.

Global Chilled and Deli Foods Market: Prepacked Sandwiches Leads Growth by Dint of Being a Complete Diet, finds TMR

In a highly fragmented global chilled and deli foods market, the three leading companies account for under 30% of the market. Among the top three, Kraft Foods Group Inc. held the dominant share of 12% in the market in 2014. It was followed by Tyson Foods Inc. and BRF S.A. in the second and third positions respectively. Some of the popular strategies adopted by the top-tier market participants to expand their outreach are strategic mergers and acquisitions and increasing spend on research and development to create a range of products to suit different palates.

Providing a stiff competition to the big names in the industry are the local players, who also enjoy a sufficient stronghold in the market. A trend noticeable in the market is that private labels have a high degree of market penetration and mostly purvey their products via supermarkets and hypermarkets. Buying into the promise of solid growth aspiring players are foraying into the market with an array of products. As a result, competition is intense among the international giants, local players, and new entrants.

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A report by Transparency Market Research (TMR) forecasts the revenue in the global chilled and deli foods market to rise at a CAGR of 3.0% from 2015 to 2021 to attain value of US$0.99 bn by 2021.

Bettering Economic Conditions makes Asia Pacific a Market Leader

The different types of chilled and deli foods available in the market can be broadly classified into pies and savory appetizers, meats, prepacked sandwiches, and prepared salads. Among them, prepacked sandwiches grossed the maximum revenue of US$322.72 mn in 2014. Going forward too, it is slated to hold on to its dominant share on the back of robust demand from Europe. It enjoys widespread popularity due to being a complete and balanced diet. In terms of growth rate, however, the pies and savory appetizers segment will overtake others.

Geographically, Asia Pacific leads the global market for chilled and deli foods in terms of revenue, which is slated to increase at a CAGR of 3.8% between 2015 and 2025. The bettering economic conditions in Asia Pacific, especially in the fast-expanding developing economies of China and India, is driving the market significantly. North America trails Asia Pacific in terms of revenue. Prepacked sandwiches are the most popular in North America and in the years ahead, the segment is slated to clock significant growth in the continent.

Fast-paced Lifestyle Results in Demand for Convenience Foods

The most prominent unique perceived benefit of chilled and deli foods is their convenience. This coupled with a fast paced lifestyle has been at the forefront of driving demand in the market. These foods enable those hard pressed for time to eat healthy, wholesome hassle-free meals at any place. “Prepared salads offer a healthy ready to eat food option. The prepacked sandwich category is also expected to grow at a high rate owing to it being a complete and healthy food providing a balanced diet,” explains the lead analyst of the TMR report.

Wide Array of Products Boosts Sales

Other prominent growth drivers in the market are the economic and industrial growth of most regions leading to swift urbanization and rising fortunes of people, which in turn enables them to splurge on such foods. Stiff competition among the various players in the market has also inundated the market with a range of products touting various benefits and flavors. Consumers are spoiled for a choice and this in turn has led to the increasing uptake of chilled and deli foods in the market. In fact, consumers are increasingly preferring such foods over fast foods and other convenience foods.

This review is based on the findings of a TMR report titled “Chilled and Deli Foods Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”

Chilled and Deli Foods Market: By Product Type

• Meats
• Pies and Savory Appetizers
• Prepacked Sandwiches
• Prepared Salads
• Others

Global Cheese Powder Market: Burgeoning Demand for Convenience Food Accelerates Consumption, Observes TMR

Transparency Market Research points out that Lactosan A/S, Land O’ Lakes, All American Foods, and Archer Daniels Midland Company are the leading players in the global cheese powder market. Most of these companies are expected to expand their geographical reach in the coming years to widen their consumer base. Players are also anticipated to focus on production of innovative products, interesting marketing campaigns, and attractive packaging methods to strengthen their foothold in the global market. Diversification of product portfolio will also be one of the important strategies of the players in the market to maintain their edge over others.

According to the research report, the global cheese powder market is projected to be worth US$481.0 mn by the end of 2024 from US$256.1 mn in 2015. The market is estimated to experience progress in revenue earnings at a CAGR of 7.3% between 2016 and 2024.

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North America Shows Dominance due to Changing Lifestyles

The various types of cheeses available in the global market are cheddar, parmesan, mozzarella, blue, and others. Parmesan cheese is estimated to be the key product segment in the global market as it is projected to rise at a CAGR of 7.7% during the forecast period. Its extensive usage in the preparation of various items is expected work in favor of the product segment.

Geographically, the global cheese powder market is segmented into Europe, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of all the regions, North America is expected to dominate the global market in the coming years. The burgeoning demand for convenience food in the region is anticipated to play a vital role in defining the trajectory of the North America cheese powder market in a positive manner throughout the forecast period. Changing lifestyles, growing disposable incomes, and increasing expenditure on premium food items are some of the key factors propel the rise of the regional market.

Shifting Dietary Habits Characterized by Ready-to-Eat Meals Drive Global Cheese Powder Market

The primary growth driver for the global cheese powder market is the unstoppable demand for convenience food across the world. The lack of time to make elaborate meals using conventional methods has been responsible for the growing sales of packaged food items and quick and easy meal options. The rise in the number of working women, increasing per capita income, and shifting food habits have collectively spiked the demand for cheese powder as these same factors have lured in a widening consumer base that is increasingly spending on readymade meals. The low cost of production of cheese powder due to the availability of raw material on a large scale has also boosted the growth of the overall market.

Negative Impact of Persistent Consumption of Cheese Threatens Market Growth

Though demand for cheese powder has been in a consistent, the overall market does face a few restrictions. The volatile economic conditions in developed and underdeveloped countries are expected to hamper the growth of the global market. Furthermore, the relatively low per capita income of consumers in underdeveloped nations, unstable security conditions, and poor business conditions are also expected to hamper the global market. The next key factor restraining the growth of the global cheese powder market is the rising awareness amongst people about the negative effects of consuming cheese powder. It is a well-known fact that regular consumption of cheese can lead to obesity, which can cause heart problems and high cholesterol.

This review is based on Transparency Market Research’s report, titled “Cheese Powder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”

The global agricultural disinfectant market can be segmented as follows:-

Global Cheese Powder Market, by Types

• Parmesan
• Cheddar
• Mozzarella
• Blue
• Others

Global Cheese Powder Market, by Application

• Sauces and Dips
• Sweet and Savory Snacks
• Bakery and Confectionery
• Others

Global Breakfast Cereals Market: Rising Preference for Convenience Foods to Boost Growth, states TMR

The global breakfast cereals market appears to be consolidated in terms of competition. An intense degree of rivalry exists between the key market players because of low switching costs and lack of diverse products. The top three companies, Cereal Partners, General Mills, and Kellogg’s, held 50 of the total market in2012 in terms of value, states a recent study by Transparency market Research (TMR).

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Several market players have been focusing on launching attractive products for widening their consumer pool. ConAgra Foods acquired Ralcorp in January 2013, whereas Post Holdings, a part of Ralcorp Holdings, became an independent company in 2011. After introducing products such as Honey Bunches, Great Grains Protein Blends, and Good Morenings that gained widespread popularity, Post Holdings rose to prominence in the U.S. market, accounting for a share of about 9% in 2012.

As the demand for breakfast cereals grows, the global market for breakfast cereals is expected to achieve revenue worth US$ 43.1 mn by the end of the forecast period, in terms of value. The market will grow at a steady rate, with a CAGR of 4.1%.

RTE Segment to Present Substantial Opportunities

Based on type, the global breakfast cereals market has been categorized into hot cereals and ready-to-eat (RTE) cereals. While the hot cereals segment is constantly expanding because of growing demand in Asia Pacific, the ready-to-eat cereals segment is expected to lead the market on a global scale. According to the findings of TMR, ready-to-eat products held about 85% of the total breakfast cereals market in North America and Europe. The RTE segment is projected to attain US$35.49 mn in these two regions by the end of 2019.

Based on geography, the U.S. has been exhibiting increased demand, accounting for the leading share in North America. Other geographical segments studied in the report include Asia Pacific, Europe, and Rest of the World. The large population base of Asia Pacific, changing lifestyles, rising per capita income of the people, together with a tendency to follow Western diets, is driving the market for breakfast cereals in the Asia Pacific. The constant increase in the number of convenience stores in countries such as India, Japan, and China is another reason behind the expansion in this region. As an increasing number of women do not find time to cook because of their professional pursuits, the need for a healthy, instantaneous breakfast has arisen. Breakfast cereals, being a viable option, have therefore been increasingly adopted, aiding market expansion. Besides the countries of Asia Pacific, Brazil and Russia will also emerge with great potential, as breakfast cereals grow more popular.

Rising Preference for Convenience Foods to Drive Growth

The increasing rate of urbanization and the consequent emergence of convenience stores, growing preference for convenience foods as the number of working women increases, have been the key growth drivers of the global breakfast cereals market.

Limited access to palm oil, an ingredient used in the production of breakfast cereals, has been one of the key factors restraining growth. Moreover, the availability of a wide range of alternatives such as eggs, toast, and other traditional breakfast dishes is likely to obstruct the growth of the breakfast cereals market. However, the market will witness significant opportunities on account on the rising popularity of RTE products worldwide.

The information presented in this review is based on a Transparency Market Research report, titled, “Breakfast Cereals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019”.

Key Segments of Global Breakfast Cereals Market

Segmentation of the global breakfast cereals market by product type:

• Hot Cereals
• Ready to Eat Cereals

Major regions analyzed in this research report are:

• Europe
• North America
• Asia Pacific
• Rest of the World