Global Cosmetic Packaging Market: Growing Focus on Beauty to Aid in Growth

The worldwide cosmetic packaging market is overwhelmed by players, for instance, Amcor Limited, Aptar Group Inc., Gerresheimer AG, RPC Group Plc, Quadpack Industries,Libo Cosmetics Company Ltd., Fusion Packaging, ABC Packaging Ltd., HCP Packaging, and Albea S.A. The high level of rivalry in the worldwide market for cosmetic packaging has made the sector for cosmetic packaging a profoundly lucrative one, and a few players have accomplished noteworthy mechanical advancement in a generally brief time with a specific end goal to develop as predominant elements in the market. Maintained innovative advancement remains the key strategy to seek after for players in the worldwide cosmetic packaging market, and problematic packaging arrangements, for example, the utilization of 3D or multi-dimensional image innovation could be critical to progress.

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As indicated by Transparency Market Research (TMR), the worldwide cosmetic packaging market is probably going to show a strong CAGR of 4.4% in the vicinity of 2016 and 2024. The cosmetic packaging market was esteemed at US$23 bn in 2015 and is probably going to ascend to US$33 bn by the end of 2024. Plastic is expected to be the most famous product in terms of use among wood, metal, paper, and plastic. It has been projected that the segment will hold a share of around 50% in the global cosmetic packaging market over the course of the forecast period. Region-wise, Asia Pacific is anticipated to emerge as the core revenue generator for the global market for cosmetic packaging over the years ahead.

Plastics to Help Market to Generate Maximum Revenue

An assortment of materials is utilized for cosmetics packaging includes wood, metal, paper, plastic, and glass. Of these, the plastics portion by and by drives the worldwide cosmetics packaging market, as far as both esteem and volume. The portion is required to represent a half of the worldwide market all through the gauge time frame. In any case, rising purchaser inclination to eco-accommodating items, for instance, paper, wood, and metals is required to thwart the development prospects of the plastic section to a specific degree.

Expanding mindfulness and execution of stringent ecological laws alongside focused advantages have constrained clients to build utilization of eco-accommodating materials for packaging and producers to coordinate eco-accommodating outline standards in material improvement forms. Subsequently, the worldwide interest for materials, for instance, paper, melamine, silicone, and bamboo is required to see a critical ascent popular over the cosmetic packaging market in the following couple of years.

The market for glass-based cosmetic packaging is relied upon to ascend because of the significant interest for extravagance products in the created markets like the UK, the U.S., and Germany. Notwithstanding, the appropriation rate of metal as packaging is relied upon to stay low inferable from higher expenses in correlation with different materials.

Mass Use to Have Positive Impact on Market over Years Ahead

Developing utilization of cosmetic items among young fellows is likewise a key driver for the worldwide cosmetic packaging market. The effect of this driver is isolated similarly amongst created and creating districts, as both are seeing the solid ascent of an urban youth statistic with expanding extra cash. This statistic is additionally more influenced by packaging advancements than more seasoned socioeconomics, which has made it an urgent target statistic for some makeup organizations.

Despite the strength of plastics in the restorative bundling market, unpredictable choices, for example, paper and wood could likewise pick up steam in the coming a very long time because of the rising mindfulness about their higher ecological reasonability. The oddity estimation of paper and wood as cosmetic packaging materials is additionally liable to enable the growth worldwide cosmetic packaging market essentially in the coming years.

Corn Starch Market Expected to Increase at a CAGR of 4.8% over 2016-2024

Combination of Conducive Factors to Push Sales of Corn Starch Steadily Upward

The growing consumption of convenience foods and the healthy year-on-year growth in the paper and textile industries are creating highly a fertile ground for the growth in corn starch sales across the world, but particularly in the Asia Pacific region, says Transparency Market Research (TMR). Consumers of corn starch are seeking alternatives to cane sugar that are cheaper yet seamlessly fit into various applications. This has translating into high demand for corn starch.

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According to TMR, the global corn starch market is estimated to be valued at US$22.1 bn by the end of 2016 and is expected to increase at a CAGR of 4.8% over the forecast period. The high output of maize, which has high a starch content, is one of the prominent factors driving growth of the global corn starch market. At the same time, the growing number of substitutes such as tapioca are restraining the growth of the global corn starch market to a certain degree.

Global Corn Starch Sales Defined by Strong Demand for Sweeteners in Food and Beverage Industry

The report segments the global corn starch market on the basis of product type into native starch, modified starch, and sweeteners. Of these, the sweeteners segment currently dominates with a share of over 50% in the global corn starch market. However, healthy growth is expected to be seen in the modified starch segment, which is projected to expand at the highest CAGR of 5.4% over the forecast period. The spiraling use of high fructose corn syrup (HFCS) in a variety of foods and beverages is a factor that will keep the demand for corn starch based sweeteners high.

Basis application, the global corn starch market is segmented into food and beverages, animal feed, pharmaceuticals and chemicals, textile, paper and corrugated, and others. TMR finds that in 2015, the food and beverages segment accounted for the highest share in the global corn starch market by application and is anticipated to continue to remain the leader during the forecast period.

North America to Remain at Forefront of Global Corn Starch Market

On the basis of geography, North America is the largest market for corn starch, in terms of both value and volume. However, the corn starch market in Asia Pacific is anticipated to expand at the highest CAGR of 6.4% over the forecast period. Demand for corn starch is increasing in Asia Pacific, especially in ASEAN, China, and India, where prominent corn starch manufacturers have invested significantly in the recent past. The market in MEA is expected to witness moderate growth as compared to other regions, finds TMR.

Major players in the corn starch market are focused on geographical and production capacity expansion. Companies are increasingly focusing on offering cost-effective solutions for applications in dairy products and frozen food products, among others. Key players in the corn starch market include Cargill, Incorporated, Archer Daniels Midland Company, Kent Corporation – Grain Processing Corporation, Associated British Foods plc, Global Bio-chem Technology Group Company Limited, Tereos Syral S.A.S, Roquette Frères S.A., Tate & Lyle PLC, Ingredion Incorporated, and AGRANA – Beteiligungs AG. 

Halwa Market size and Key Trends in terms of volume and value 2017-2025

Halwa Market: Introduction

Halwa refers to any type of dense, sweet confections served across the Europe, Asia Pacific and MEA region. It is a type of dessert having very thick pudding which is made from a variety of fruits, vegetables, grains, nuts, and lentils. Halwa is generally prepared from various raw materials such as wheat, suji, raw, moong daal, besan, carrot, Apple etc. It is not very easy to prepare halwa as it needs lots of time, hard labor work, and patience to cook delicious and rich flavored halwa. Apart from this, it needs proper raw material specifications, their proportions, and sequence of adding and processing steps of the raw materials while preparing it. Moreover, normally the halwa is rich in fat and sugar but generally not satisfactory in other nutrients. However, some halwa like the poppy seed is highly rich in nutrients and also provide immunity against various diseases such as a cough, cold and others, especially in the winter season. Nowadays, halwa is sold in ready to eat and ready to prepare halwa mix packs which have developed a lot over the years and provide a taste similar to North Indian halwa. In India, there are various types of desserts such as carrot halwa, moong daal halwa, Bombay halwa, Bottle Gourd halwa etc. In North India, the most famous halwa includes suji, aata and moong daal halwa which is opaque, yellowish brown in color, soft and smooth in texture while in South India, it is a jelly-like translucent product with luster.

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Halwa Market: Dynamics

One of the significant factors towards the growth of halwa market is the production of sugar-free halwa mixed with artificial sweeteners as the number of diabetic patients are continuously increasing in India. Nowadays, people are more health conscious, so the consumption of sugar-free halwa is more among the adults. Another factor towards the growth of halwa market is that it is sold in ready to eat and ready to cook halwa mix packs. This is beneficial for the people who don't know how to prepare halwa or they don't have enough time to cook due to their busy lifestyle. Moreover, as the number of occasional events and parties are increasing, people generally add halwa in the sweet dish as it comes rich in taste and is also not much expensive. This can be the major factor which fuels the growth of halwa market.

Halwa Market: Segmentation

The halwa market can be segmented on the basis of product type, material type, packaging type, and distribution channel. On the basis of product type, the halwa market can be segmented into anjeer halwa, moong daal halwa, carrot halwa, dry fruit halwa, and others. On the basis of material type, the halwa market can be segmented into ghee, sugar, milk, cereals, fruits & vegetables, cereals, and others. On the basis of packaging type, the halwa market can be segmented into the pouch, plastic box, cardboard box etc. On the basis of a distribution channel, the halwa market can be segmented into direct sales and indirect sales. The indirect sales market can be further sub-segmented into the specialty stores, wholesalers, hypermarket, supermarket, convenience stores, online retailers and others. On the basis of region, the halwa market can be segmented into North America, Europe, Asia Pacific, and rest of the world.

Halwa Market: Regional Outlook

On the basis of the regional outlook, halwa market is segmented into five different regions: North America, Latin America, Europe, Middle East and Africa and Asia Pacific. The major factor driving the halwa market in Asia Pacific region is the large population base and innovation in terms of taste. Europe and the Middle East & Africa dominate the halwa market by factors such as growing consumer preference and increased disposable income of the consumers in the region. North America and Latin America are expected to have the considerable growth in the near future.

Halwa Market: Key Player:

Some of the major players operating in halwa market include Suhana, Punjab Milk Foods Inc., MTR Foods Pvt Ltd., Nutrifresh foods Ltd, Kwality Wall's, Triguni Food Pvt. Ltd., Haldiram's Food International Limited, Ajit Sweets, Anoushka Gourmet, and kitchens of India.

Nutraceuticals Market Explores New Growth Opportunities By 2021

Transparency Market Research (TMR) has announced the addition of a new market study on the nutraceuticals market. The report analyzes the drivers and restraints of the market. The report is titled “Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.” As per the findings in the report, the market, which was valued at US$182.60 bn in 2015, will rise to US$278.96 bn by 2021, exhibiting a CAGR of 7.3% from 2015 through 2021. An increase in the prevalence of non-communicable chronic diseases and rising healthcare expenditure are expected to drive the global nutraceuticals market.

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Nutraceuticals are products that offer health and nutrition benefits over and above the basic nutrition value present in food items. Nutraceuticals range from dietary supplements, isolated nutrients, and herbal products to processed foods and beverages. Nutraceuticals offer lucrative margins to food and beverages company and also have minimal regulatory requirements involved. Thus, an increasing number of companies are entering the nutraceuticals market.

Increasing health consciousness among consumers is driving the global nutraceuticals market. The increasing consumer awareness about the basic nutrition value present in food and growing preference for nutritious products are driving the global nutraceuticals market. The use of nutraceuticals products as a physical performance booster is expected to benefit the market. Moreover, nutraceuticals products are perceived to contain nutrients that will prevent diseases, which is propelling the nutraceuticals market. The use of nutraceuticals as an alternative to prescription and OTC drugs will further drive the market towards growth.

Yet, the global nutraceuticals market is expected to be hampered by rising prices of nutraceuticals. A lack of awareness about nutraceuticals is also expected to restrain the market’s growth. However, technological advancements are expected to open doors of opportunities in the global nutraceuticals market. Additionally, the use of nutraceuticals across new application areas will also drive the market to a new high.

The global nutraceuticals market is segmented on the basis of product and geography. On the basis of product, the global nutraceuticals market is segmented into functional food, functional beverages, dietary supplements, and personal care and pharmaceuticals. Of these, the functional food segment led in terms of revenue in 2014, representing a share of 31% in the global nutraceuticals market. The segment is expected to expand at a 7.1% CAGR from 2015 to 2021.

On the basis of region, the global nutraceuticals market is segmented into Europe, North America, Asia Pacific, and the Rest of the World. Of these, North America held the largest share in the market in 2014 and the demand for nutraceuticals is expected to remain steady in the future, due to high demand from the U.S. and Canada.

The report profiles key companies operating in the global nutraceuticals market for the purpose of study. The companies included are: BASF SE, Archer Daniels Midland Company, Groupe Danone S.A., Cargill, Incorporated, Aland (Jiangsu) Nutraceutical Co., Ltd. The challenges faced by these companies and the strategies adopted by them to grow in the market have been included in the report.

Functional Food Ingredients Market: The Biggest Trends to Watch out for 2016-2024

The vendor landscape of the market for functional food ingredients is a consolidated one. Three companies, Associated British Foods PLC, Cargill, Inc., and BASF SE are dominating the market, according to a report published by Transparency Market Research. These three companies collectively account for the 52.8% of the total market share of functional food ingredients market in 2015. There are other local players as well in various regions worldwide who have fierce competition with these key players.

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The report by Transparency Market Research observed the consolidated nature of the global functional food ingredients market owing to the aggressive and effective marketing strategies adopted by the leading players. Acquisitions and merger with local players is also another contributing factor towards the consolidated nature of the said market.

The revenue of the global functional food ingredients market was valued at US$20.35 bn in 2016 and the market is expected to reach US$32.40 bn towards the end of the forecast period of 2016-2024. The market is anticipated to expand at a CAGR of 6.0 % during the forecast period.

Developing Economies to Emerge as the Most Promising Markets

North America accounts for dominant share in the market, with the market in Europe occupying the next spot. Countries such as India, Brazil, and China are of high-value to the players in the global functional food ingredients industry. Intense economic growth of the region along with the ever-expanding working class population, who now has more disposable income to spend, have made the region a lucrative market for the industry. Furthermore, relaxed rules and regulations in the Latin American and Asia Pacific countries would further bolster the growth of the global functional food ingredients market. The region of Asia Pacific and Latin America would, thus, continue to be immensely important for the manufacturers of functional food.

It is also forecasted that the demand for functional food is to surpass the demand for functional beverage. Despite ease of manufacturing and consumption, functional foods are gaining popularity owing to their health benefits. The segment of probiotics is anticipated to be the leading one as more and more manufacturing companies are incorporating probiotic bacteria in various products. Most of the dairy products such as yoghurt are being incorporated with probiotic bacteria.

Growing Health Awareness to Fuel Growth

The most important factor contributing towards the growth of the global functional food ingredients market is the advantages of functional foods over conventional diets and regular food products. According to the report, research carried out in the recent past has revealed the effectiveness of functional foods. Amidst increasing concern and awareness for personal health, consumers are gradually shifting their preferences towards healthy foods of high-value nutrition from junk and convenience food. More consumers are now seen stocking up healthy functional foods of high-nutritive value.

However, stringent regulations and strict scrutiny concerning the food industry continue to pose a challenge for the overall expansion of the global functional food ingredients market. Various regulatory bodies such as Food and Drug Administration, United Nations’ Food and Agriculture Organization are continuously monitoring the use of chemicals in food. These factors pressurize manufacturers to get approvals for the distribution and production thereby delaying the whole process.

Dairy Alternatives Market Evolving Industry Trends and key Insights by 2024

Thanks to the wide ranging product offerings by The Hein Celestial Group Inc., Earth’s Own Food Co. Inc., and Living Harvest Foods Inc., the global dairy alternatives market has opened to a positive reception from consumers, finds a new study by Transparency Market Research (TMR). With several impactful strategies, such as advancements in products in terms of taste and nutrition and introduction of innovative products in the market, these players have gained the kind of opportunities they need for expansion of their businesses.

As per the TMR’s estimation, the worldwide dairy alternatives market stood at US$9.32 bn in 2016. Rising at a CAGR of 13.80% during the period from 2016 to 2024, the market is anticipated to attain a value of US$26.31 by the end of the forecast period. Offline retail distribution channels, including small retail, large retail, and specialty stores, are proving to be more productive than their online counterparts, reports the market study.

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Beverages to Continue with High Demand of Dairy Alternatives

Dairy alternatives find extensive application in food products and beverages. Among the two, the demand for these alternatives has been much higher in the beverages segment. Although the trend is expected to continue, the application rate of these alternatives in various food products, such as cheese, spreads, and desserts, is also escalating across the world.

Among the geographies, Asia Pacific has emerged as the leading contributor to the global market for dairy alternatives. In 2015, it had acquired a share of nearly 53% in the overall market. This regional market is anticipated to remain attractive to players in the years to come, notes the research study.

Increasing Awareness Pertaining to Health Benefits of Dairy Alternatives to Boost Growth

“The increasing awareness among consumers regarding the health benefits that dairy alternative provide in comparison with conventional dairy products is the main factor behind the growth of the global dairy alternatives market,” says a TMR analyst. The rising number of lactose intolerant consumers is another important factor that is influencing this market’s progress.

Going forward, the easy availably of soy milk, almond milk, rice milk, hemp milk, oat milk, and hazelnut milk is likely to support the worldwide market for dairy alternatives over the forthcoming years. However, the high cost associate with these products may deter consumers from adopting them in the near future, reposts the research study.

Biotech Flavor Market Trends and Opportunities for the Industry by 2024

According to a research report by Transparency Market Research (TMR), the global biotech flavor market is highly consolidated and competitive in nature, with Naturex occupying the dominant position. The leading companies in this market mostly rely on mergers, acquisitions, and partnerships to improve their visibility and the trend is likely to continue over the forthcoming years, increasing the competition between the players, reports the research study.

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As per the report, the global market for biotech flavors, which stood at US$430.6 mn in 2015, is expected to proliferate at a CAGR of 9.70% during the period from 2016 to 2024, increasing the opportunity in this market to US$991.0 mn by the end of the forecast period. The market is projected to touch 23,980.3 tons in terms of volume over the same period of time. The demand for biotech flavors is higher in beverages compared to other end-use segments. On account of the surging consumption of flavored beverages, globally, analysts predict this segment to continue as the leading end user of biotech flavors over the period of the forecast.

North America to Lead Market; Asia Pacific to Report High-paced Growth

The research report further evaluates the worldwide market for biotech flavors on the basis of its regional classification. The Middle East and Africa, North America, Asia Pacific, Europe, and Latin America and is led by North America, thanks to the high awareness among consumers regarding the benefits of biotech flavors. In 2015, the regional market, followed by Europe, acquired a share of more than 32% in the overall market. Researchers anticipate the North America market for biotech flavors to retain its leadership over the forthcoming years.

On the other hand, Asia Pacific is anticipated to exhibit a high-paced growth in its market for biotech flavors in the near future, thanks to the strong demand for biotech flavors from emerging economies, such as China and India. The health and wellness trend is also expected to support the growth of the Asia Pacific biotech flavor market and prompt manufacturers to apply innovative strategies across the supply chain to ensure wide availability of biotech flavors for consumers over the years to come. Apart from this, the increasing demand for beverages in this region is expected to create vital opportunities for the players in the global market.

Rising Awareness among Consumers to Boost Growth of Global Biotech Flavor Market

“The rising health consciousness among consumers has augmented the demand for natural ingredients and biotech-based flavors in food products and beverages, which, resultantly, is boosting the global biotech flavor market,” says a TMR analyst. The growing awareness among consumers in developed economies concerning the negative impact of artificially-produced food flavors and the increased knowledge of consumers pertaining to the nutritional advantages of biotech flavors is projected to propel this market in the years to come.

Although the future of the worldwide biotech flavor market looks thriving, the low shelf-life of biotech flavors and issues related to their stability may hinder the growth of this market in the near future, states the research report.

Ethoxyquin Market: Industry Shares, Market Strategies And Key Players

Led by Rensin Chemicals, Jiangsu Zhongdan Group, Impextraco, Kemin Industries, and Skystone Feed Co., the global market for ethoxyquin displays a competitive landscape, states a research report by Transparency Market Research (TMR). These companies mostly rely on innovation and advancements to expand their businesses. Over the coming years, a shift in partcipants’ focus towards setting up subsidiary units in developing countries and involving actively in mergers and acquisitions can be observed, states the market report.

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According to the research study, the opportunity in the worldwide market for ethoxyquin is anticipated to progress at a CAGR of 4.50% during the period from 2017 to 2025, rising from US$172.2 mn in 2016 to US$255.0 mn by the end of the forecast period. Ethoxyquin-95 oil is reporting a much higher demand than the other two on the grounds of the increasing need for fishmeal across the world, boosted by the rising consumption of fish and shrimps among people. Analysts expect this trend to remain so over the forthcoming years.

Aquaculture Industry to Continue Reporting High Demand for Ethoxyquin

As per the research report, the poultry industry, pesticides, pet food preservatives, spice color preservatives, industrial applications, and the aquaculture sector are the main application areas of ethoxyquin. Among these, the aquaculture industry has been registering a significantly higher demand for ethoxyquin and, thanks to the augmenting demand for fish and fishmeal products in developing economies, the segment is expected to continue doing so throughout the period of the forecast.

The report further presents a regional analysis of the worldwide market for ethoxyquin. According to it, Asia Pacific, the Middle East and Africa, North America, Latin America, and Europe are the prime regional markets for ethoxyquin across the world. In 2016, North America emerged as the leading regional market with a share of nearly 30% in the overall market. This regional market is likely to remain dominant over the forthcoming years, thanks to the growing consumption of ethoxyquin-95, specifically in the poultry and the aquaculture industries, notes the research study.

Rising Trend of Pet Adoption to Boost Market’s Growth

“The significant rise in the trend of pet adoption, worldwide, is having the most prominent impact on the global market for ethoxyquin,” says an analyst at TMR. Ethoxyquin is a highly effective preservative, which helps in slowing down the oxidation of xanthophyll, carotene, and vitamin A and vitamin E in pet food products, ensuring their long shelf-life. Owing to this factor, the demand for ethoxyquin is increasing remarkably with the rising requirement for pet food products, leading to a substantial rise in the global market.

The growing need for effective preservation of poultry and fish meals is also reflecting greatly on the demand for ethoxyquin and is expected to continue doing so over the next few years. Another factor, which is likely to boost this market is the phenomenal rise in the food trade across the world. However, the increasing knowledge of toxicity of ethoxyquin and the enforcement of strict regulations regarding the usage of chemicals in pet food may limit the growth of this market in the near future, states the research report. 

Confectionery Ingredient Market: Advanced Technologies & Growth Opportunities in global Industry

Global Confectionery Ingredient Market: Overview

Confectionery ingredients are used in the manufacturing of end products like chocolate, bakery products, beverages, sugar confectioneries among others. These ingredients include cocoa, dairy ingredients, emulsifiers, sugar, sweeteners and others in order to make a good product in the market for sale. These ingredients need to be mixed in required quantities in order to make a confectionery item. Sweeteners are a replacement of sugar products in the market and they considered as a healthy additive for health conscious consumers. They are less in calories and provide the same taste as that of sugar. Rapid consumption of chocolate is driving the growth of the chocolate market which is in turn fueling the demand for confectionery ingredients.

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Consumer awareness regarding the health benefits of consuming chocolate is fueling the demand for confectionery ingredients. Cocoa and other dairy ingredients added to chocolate are reported to have beneficial health related qualities. The cocoa content offers relief from illnesses such as high blood pressure, cholesterol, and other neurodegenerative diseases. Furthermore, the demand for confectionery products is increasing due to the changing demand of consumers and the influence of the western culture in terms of feeding habits in the developing economies. Confectionery items have become a necessary food item in recent times. The consumer’s lifestyle along with their demand changes with time and in order to meet their requirements, manufacturers of confectionery products including bakery are exploring with ingredients which is also backed by huge investments in research and development. However, confectionery manufacturers need to abide by various regulations and conditions while procuring ingredients and processing them into end products.

The cost of good quality ingredients is high, and international food regulatory organizations keep a check on suppliers and manufacturers to deliver a gourmet confectionery product to end consumers. High sugar content, adding of artificial flavors, and color are often harmful for the end products. For example, in India, non-permitted colorants are often added in many dairy products like milk, resulting in health hazards. According to Global Food Safety Initiative (GFSI), food retailers are demanding certifications from their suppliers due to the complex challenges faced by the food supply chain. Therefore, manufacturers find it difficult to meet the cost of purchasing good quality and high cost ingredients, and simultaneously keeping a check on the certifications of the supplier’s products.

Global Confectionery Ingredients Market: Segmentation

The global confectionery ingredient market is segmented into five types- chocolate & cocoa, emulsifiers, sugar, sweeteners, dairy ingredients. The global confectionery ingredient market was analyzed and found that the chocolate and cocoa segment has accounted for the largest market share in 2016. Furthermore, the market is categorized into two form as dry and liquid. The dry form of confectionery ingredient is the most widely used ingredient in the manufacturing of confectionery products due to its functional and operational excellence.

In addition, the global confectionery ingredient market is segregated into four segments- chocolate, sugar confectionery, bakery and others. The chocolate is the most widely used application in the confectionery industry. Not only because of its taste, but also the form of dark chocolate is good for health.

Geographically, the market has been further divided into five regions which include North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Europe accounted for the largest market for confectionery ingredient in 2016. North America held the second largest share with over 25% of the global confectionery ingredient market in 2016. Asia Pacific region has been identified to be the most promising and has been analyzed to have the fastest growth during the forecast period.

Companies Mentioned in the Report

The major players operating in the global confectionery ingredient market include Cargill Corporation, Olam International Ltd., E. I. Du Pont De Nemours and Co., Archer Daniels Midland, Barry Callebaut, Kerry Group, Tate and Lyle Plc, Koninklijke DSM N.V., ZuChem Inc., and Ingredion Inc.. 

Food Safety Testing Market Outlook and Forecast by 2025

Global Food Safety Testing Market: Snapshot

The global food safety testing market has witnessed impressive growth over the last few years due to rising incidence of food contamination there is a growing demand for food safety testing by food manufacturers. Owing to increasing awareness about foodborne diseases and various technologically advanced techniques and equipment deployed for food safety testing, the market for food safety testing has been treading along a healthy growth path over the past few years and the market is expected to continue to exhibit strong growth over the next few years as well. The vast expansion of the global food and beverages industry, coupled with the growth of the food service industry, has also been a key factor driving the growth of the global food safety testing market.

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Transparency Market Research estimates that the revenue generated from food safety testing will value at US$658.5 mn by the end of 2017. The market is expected to exhibit a CAGR of 8.9% from 2017 to 2025, rising to a valuation of US$1304.5 mn by the end of 2025.

Food Testing Services for Testing Pathogens to Gain Maximum Traction

In terms of contaminants, the report segments the global food safety testing market into pathogens, genetically modified organisms, chemicals, and toxins. Of these, the segment of pathogens is estimated to account for a massive 42.5% of the global market in 2017. The segment is expected to witness promising growth prospects over the report’s forecast period chiefly owing to value the increasing demand for testing bacteria such as salmonella and E.coli in food products. Increasing incidences of food contamination-related illnesses is the key factor driving this trend.

The segment of the genetically modified organisms segment is also anticipated to exhibit promising growth over the report’s forecast period, charting a CAGR of 8.9% in terms of value.

The vast rise in awareness regarding genetically modified fruits and vegetables among consumers and the stringent regulatory restrictions on GMO-derived foods are the key factors expected to drive growth of this segment over the report’s forecast period.

Market to Continue Thriving in Developed Economies

An exhaustive analysis and geographic assessment of the global food testing safety market has demonstrated that the global food safety testing market is largely dominated by developed economies across regions such as North America and Europe. Collectively, North America and Europe are expected to account for a massive 64.6% of the global market by the end of 2017 and account for a slightly larger share in the global market by the end of the forecast period. Europe is presently the leading contributor of revenue to the global market, and is estimated to hold about 36.3% of the market by the end of 2017.

Rising incidences of food contamination, technologically highly advanced food testing laboratories, and stringent regulations related to food safety in most countries in these regions contribute to the strong positions of North America and Europe in the global food testing safety market. While Europe holds the top spot in the global food safety testing market, the most promising growth rate is expected to be seen in the APAC region over the report’s forecast period. APAC market is expected to exhibit a promising CAGR of 8.6%, attributed chiefly to the growing food trade in this region. Furthermore, companies are focusing on making major investments in R&D activities, which is further driving growth of the food safety testing sector in the region.

Some of the leading companies operating in the global food safety testing market are Bio-Rad Laboratories, Inc., Intertek Group Plc, SGS SA, Eurofins Scientific SE, Thermo Fisher Scientific, Inc., ALS Limited. Laboratory Corp. of America Holdings, AsureQuality Limited, Bureau Veritas SA, and Scientific Analysis Laboratories Limited.

D-Mannose Market Technological Advancements, Evolving Industry Trends & Insights 2017 - 2025

The global d-mannose market is dominated by players such as Now Health Group Inc., Nutraceutical International Corp., E. I. du Pont de Nemours and Company, and Jarrow Formulas Inc. While these players are likely to establish dominant shares in the global d-mannose market in the coming years, the nascent origin of the market has made it highly lucrative for new entrants. Other key players in the global d-mannose market include VWR Corporation, Atrium Innovations Inc., Ferro Pfanstiehl Laboratories, Inc., Hänseler AG, Kyowa Hakko Kirin Co Ltd, and Bio-Tech Pharmacal Inc. Expansion of manufacturing capacity is likely to remain a key growth avenue for players in the global d-mannose market in the coming years, with larger players likely to target smaller players in emerging markets in order to make the most of the burgeoning opportunity in developing regions.

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According to Transparency Market Research (TMR), the global d-mannose market is likely to exhibit a CAGR of 3.5% from 2017 to 2025. The global d-mannose market was valued at US$774.5 mn in 2017 and is likely to rise to US$1,016.7 mn by the end of 2025.

By application, dietary supplements dominate the global d-mannose market, with pharmaceuticals and functional food also likely to contribute significantly to the global market’s growth in the coming years. The dietary supplements segment is likely to grow to a revenue valuation of US$440.5 mn by 2025, representing more than 40% of the global d-mannose market. Functional food, on the other hand, is likely to exhibit the highest CAGR, with the segment expected to grow at 4% over the 2017-2025 forecast period.

Increasing Prevalence of UTIs in Developed Countries Drives D-Mannose Market

One of the prime drivers for the global d-mannose market is the growing awareness of the utility of d-mannose, which is a form of glucose but with several differing chemical characteristics, in preventing urinary tract infections (UTIs). Unlike glucose, mannose has the property of clinging to the walls of the urinary tract, making it harder for pathogens to attach themselves to the surface. This makes it the perfect preventive tool for UTIs, as UTIs are usually treated with antibiotics, several of which are facing consistent resistance.

The global d-mannose market has also gained a significant part of its demand from products designed for diabetic or other calorie-conscious demographics, as mannose is not metabolized like glucose in the body and thus doesn’t contribute to the blood sugar levels. Most of d-mannose is absorbed in the preliminary parts of the digestive tract, making it safe for diabetic individuals. The growing scope of specialist diets due to the rapid development of long-distance shipping facilities is thus likely to help the global d-mannose market.

North America has emerged as the leading contributor to the global d-mannose market. The growing prevalence of urinary tract infections in North America has fueled the development of alternative treatments such as d-mannose. The growing availability of healthcare information to the masses has also helped the growth of the d-mannose market as an alternative or supplementary to conventional UTI treatments. The high prevalence of diabetes in regions such as the U.S. is also likely to remain a key driver for the d-mannose market in North America in the coming years. The growing prevalence of diabetes in Southeast Asia is also likely to be vital for the global d-mannose market.

Essential Oil Market Trends and Opportunities for the Industry by 2022

Global Essential Oil Market: Overview

With the increasing preference for natural products among consumers, the global market for essential oil is observing a tremendous rise in its valuation. The market is anticipated to remain reporting high growth over the next few years, thanks to the expanding application base of essential oil, from the cosmetics and the food and beverages industry to the aromatherapy and the pharmaceuticals sectors. This research study offers a decisive overview of the worldwide market for essential oil by analyzing this market thoroughly on the basis of its past performance and current status. The future market potential has also been evaluated in details to provide the readers with future projections and forecasts.

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The overview section also includes a qualitative assessment of the overall market, emphasizing the influencing factors and various market dynamics, such as the growth drivers, limitations, market trends, challenges, and opportunities, together with potential customer evaluation. In addition to this, an analysis of the market’s attractiveness, coupled with the key strategies adopted by the leading players, have been examined thoroughly in this report to explain the intensity of the competition within the market.

Global Essential Oil Market: Segmentation

This research report consists of an exhaustive executive summary and a market snapshot that provide all the important information about various segments and sub-segments studied within the scope of this research. This section also offers significant information and data regarding the global essential oil market with respect to the leading segments based on the key type of essential oil, their application, sales channel, extraction method, and the geographical distribution.

Based on the type of the product, the market has been bifurcated into spice oil, spice seed oil, citrus oil, herb oil, and perfumery oil. The performance of these market segments has been assessed at length on the basis of their utility, efficiency, sales, and the geographic presence. By extraction method, the market has been classified into distillation, solvent, and cold pressing. On the basis of application, the market is categorized into the personal care and cosmetic, food and beverage, pharmaceuticals, aromatherapy, and the industrial sectors. Based on the sales channel, specialty store, modern trade, drug stores, and online stores have surfaced as the key segments of this market.

Geographically, the market has been segmented into six regions: North America (Canada and the U.S.), Latin America (Argentina, Mexico, and Brazil), the Middle East and Africa (Israel, South Africa, Turkey, and GCC countries), Asia Pacific excluding Japan (India, South Korea, China, Australia, Indonesia, and Singapore), Europe (the U.K., Germany, Italy, Spain, France, and Nordic countries), and Japan. The market revenue for all the segments have been provided here in terms of US$ Mn for the period from 2017 to 2022, together with the cumulative average growth rate (CAGR %) between 2017 and 2022.

Global Essential Oil Market: Competitive Analysis

In conclusion, the market study offers a thorough review of the key players in the global essential oil market on the basis of a number of attributes, such as the overview of the enterprise, with respect to an assessment of its financial status, brand recognition, and the business. The product portfolio, recent developments, and business strategies have also been discussed in this research report. The leading players profiled in this research study are Young Living Essential Oils, DoTERRA International LLC, Givaudan SA, Enio Bonchev Production Ltd., The Lebermuth Co. Inc., Symrise AG, International Flavors & Fragrances Inc., Citrus and Allied Essences Ltd., Biolandes SA, and China Flavors and Fragrances Co. Ltd.

Ginger Market: Key Growth Factors and Industry Analysis 2017-2022

Characterized by the presence of a massive pool of established participants, the worldwide market for ginger demonstrates a highly competitive and fragmented business landscape, finds a new research report by Transparency Market Research (TMR). The leading players in this market, such as Archer Daniels Midland, Yummy Food Industrial Group, Monterey Bay Spice, Sun Impex, Indian Organic Farmers Producer, Sino-Nature, Atmiya International, Buderim Group, Food Market Management, and SA Rawther Spices, rely heavily upon introducing novel products, using new flavors or added nutrients, notes the research study.

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According to the TMR’s estimations, the global ginger market is expected to gain US$3.06 bn in revenues by 2017. The market’s opportunity is estimated to further rise at a healthy CAGR 6.50% during the period from 2017 to 2022 and attain a value of US$4.18 bn by the end of the period of the forecast, states the report.

Growing Popularity of Ginger as Herbal Medicine Aiding in Market’s Growth

“The global ginger market is heavily influenced by the growing popularity of ginger as an herbal medicine,” says a researcher at TMR. Since, ginger helps in combating various ailments, such as degenerative disorders (arthritis and rheumatism), digestive problems (indigestion, constipation, and ulcer), cardiovascular diseases (atherosclerosis, and hypertension), cancer, diabetes mellitus, and nausea, its demand has always been on the positive side.

Its antimicrobial potential, which aid in the treatment of infectious diseases, and its anti-oxidative and anti-inflammatory properties for keeping the process of aging in check are likely to boost this market substantially in the years to come. The hectic lifestyles of consumers and the increasing health consciousness among them is also projected to contribute to the growth of this market in the near future, notes the research study.

APEJ to Present Attractive Growth Opportunities

The research report presents a thorough geographical analysis of the global ginger market. According to it, North America, the Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Europe, Latin America, and Japan are the main regional ginger markets across the world. Among these, APEJ is the leader, being the most attractive market for ginger, and is expected to retain its leadership throughout the period of the forecast.

Researchers anticipate this regional market to progress at a CAGR of 7.10% over the period from 2017 to 2022 and experience a high rise in the near future on account of the rising medical tourism in Asian countries, especially in China and India, leading to an increasing yield of medicinal plants and spices.

Fresh ginger is experiencing a much higher demand than the other forms of commercially available ginger, including dried, pickled, preserved, crystallized, and powdered. The fresh ginger segment is anticipated to remain on the top in the near future, with its demand rising at a CAGR of 7.30% between 2017 and 2022, reports the research study.

Forage Feed Market Outlook and Forecast by 2019

According to a recent market research report published by Transparency Market Research, the global forage feed market is estimated to expand positively at a CAGR of 11.4% during the period between 2013 and 2019. The report, titled “Forage Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, projects the global forage feed market to be worth US$162.87 bn by the end of the forecast horizon. The overall market stood at a valuation of US$85.06 bn in 2013. In terms of volume, the global forage feed market is anticipated to rise at a CAGR of 9.2% during the period from 2013 to 2019.

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The report states that the ever-increasing demand for livestock products such as meat, milk, and other animal products is fuelling demand from the global forage feed market. However, the high cost of forage feed is influencing consumers to look for cheaper substitutes. For example in the U.S., consumption of distillers grains as a cheaper substitute to forage feed was significantly high in 2013. Lack of funding for forage research has also restricted the growth of the overall market. The global forage feed market has a huge opportunity to grow with product innovations.

On the basis of product type, the report segments the global forage feed market into fresh forage, stored forage, and others. In 2013, stored forage dominated the overall market and accounted for 41.51% market share. During the forecast horizon, the demand for stored forage is expected to decline marginally owing to the rising awareness about animal health.

In terms of livestock type, the report categorizes the global forage feed market into cattle, poultry, aquaculture, pork, swine, and others. In 2013, poultry was the leading livestock segment in the market and accounted for 33.1% of the market. The pork/swine market generated around 29% of total market revenue in the same year and emerged as the second largest livestock market. During the period between 2013 and 2019, the cattle market is anticipated to register robust growth due to the growing awareness about the utility of numerous cattle products.

The report studies the global forage feed market across four key regions: Asia Pacific, Europe, North America, and Rest of the World. In terms of production volume, Asia Pacific accounted for over 30% market share in 2013 and dominated the overall market. During the forecast period, the region is likely to maintain its leading position. Europe was the second largest market for forage feed in 2013.

Describing competitive landscape, the report profiles some of the key players in the global forage feed market such as Semican Inc., Triple Crown Nutrition Inc., ADM Alliance Nutrition Inc., Cargill Inc., Baileys Horse Feeds, Standlee Hay Co. Inc., The Pure Feed Co. Ltd., J. Grennan and Sons, BASF SE, NWF Agriculture Ltd., Chaffhaye Inc., and Brett Young Seeds.

Global Forage Feed Market has been segmented as:

Global Forage Feed Market, by product type

• Stored forage
• Fresh forage
• Others

Global Forage Feed Market, by livestock-type

• Poultry
• Cattle
• Pork/ Swine
• Aquaculture
• Others