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Friday, 28 September 2018

Widening Applications Beeswax to be beneficial for the growth of the Beeswax Market

Beeswax is a natural wax produced by honeybees. The wax is formed by worker bees who discard in the hive. The worker bees use it to build hexagonal cells to store honey. Beeswax consists of fatty acid esters and long-chained alcohols.

Applications of beeswax are cleaning agents, food flavoring, lubricants, and others. Burning beeswax produces negative ions which attracts pollutants. Pollutants such as moulds, odor, dust, bacteria, viruses, and other toxins aim to reduce the air quality. Thus, beeswax actually succeeds in cleaning up the air and making it more habitable. This attribute can be beneficial to the beeswax market in producing more environmentally-beneficial products. This can garner interest from the European market for an investment.


Cosmetics and pharmaceuticals are two major applications of the beeswax market. Cosmetics led the market on account of demand from blush, eye shadow, lip gloss, lip balm, and moisturizers. Pharmaceuticals were the second largest application. It was anticipated to be the fastest growing segment owing to coating properties of beeswax. Other applications are metal casting molding, modeling, candle manufacturing, wood & leather finishes, industrial lubricants, and waterproofed textiles. Demand from diverse applications is expected to result in increased market demand till 2022.

Other applications include soap, mustache cream, wax surfboards, furniture polish, and lubricated zippers. It can be used as a glazing agent when used in minimal quantity. It is used to prevent water loss and provide protection to fruits. Its application in skin care includes petroleum jelly, hand creams, lip balm, lip gloss, eye liner, mustache wax, and hair pomades.

Beeswax has been used in making candles. The wax was used to seal letters in the 13th century. Many seals used by major governments were created with beeswax. It is used to control bleeding from bone surfaces. Beeswax mixed with turpentine or linseed oil can act as furniture or shoe polish. It can be used as an adhesive. It is currently used to glue cutlery handles to knives and attach reed plates to a squeezebox.

Furthermore, it is a main component of mustache wax. This helps in styling the mustache according to the man’s personal needs. It prevents bronze items from dust or ruin. Metals like gold and silver are lubricated with beeswax to give it a sleek and eminent shine. It is still used by cheese makers as a glazing agent. This is more preferred than plastic, as plastic ruins the texture and taste.


Beeswax is deemed a natural lubricant for wooden items. Even NASA isn’t oblivious to the benefits of beeswax. It utilizes beeswax in a concoction to mop oil spillage. It is used in making musical instruments such as oboe and guitar. Beeswax doesn’t produce smoke or wax when burned and is an environmentally-beneficial remedy. It only emits an aroma similar to honey and gets enhanced when mixed with herbs or oils.

Upswing in Global Organic Sliced Bread Market Results from Rising Knowledge of Product’s Health Benefits

A report by Transparency Market Research, titled, “Organic Sliced Bread Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018–2028,” finds that the latest fad for organic stuff would have a positive impact on sales.

Typically organic bread does not contain any artificial ingredients that add flavor or color. Instead it has natural preservatives to prolong its shelf life. It also does not contain wheat that is genetically modified. Instead they are made from sprouted whole grains such as whole wheat, oats, barley, and rye. Such ingredients and manufacturing processes have a positive impact on one’s health and increasing awareness about the same is serving to drive the global organic sliced bread market.


All certified organic breads are required to pass various tests pertaining to storage, processing, and labeling. They are also need to satisfy with ingredient standards set by various bodies such as the National Organic Program (NOP) for a “certified” label. The certified organic products in the global organic sliced breads market is seeing greater demand despite their higher price because of the guarantee they provide.

The rising awareness about organic products and a rising tribe of health conscious consumers with greater capacity to spend are proving beneficial for demand. Another factor pushing up demand and sales in the global organic sliced bread market is the continued thrust on product innovation, packaging, and thrust on “clean labels.” Manufacturers in the market are experimenting to come up with more flavorful and healthy products to entice customers.

At present, Europe accounts for a significant share in the global organic sliced breads market. This is because of bread being a staple food item in the region. Apart from that, availability of a wide variety of products owing to manufacturers thrust on innovating, a solid distribution channel, and overall high disposable incomes of people is also providing a great boost to the market in the region.

The North America organic sliced bread market is another prominent one that is seeing surging revenue. This is because of the high awareness among the people in the region about the benefits of organic food and their increasing spending capacity. The organic bread’s share in the overall bread market has increased dramatically in the U.S. particularly, which thus is spearheading the organic sliced bread market in the region.

However, the organic sliced bread market would see moderate rise in Asia Pacific because of non-bread preparations such as rice, wheat flatbreads, and noodles being a staple in nations of India, China, Thailand, Malaysia, and others. Nevertheless, globalization has led to changing lifestyle and food habits among people. This would enable the market to see rising demand in future.


Some of the prominent participants in the global organic sliced bread market are Nature’s Bakery Cooperative, Toufayan Bakery, Inc., Hain Celestial Group, Inc., Manna Organics LLC, and Flower Foods, Inc. 

Rising Awareness toward Healthier Food Habits to Propel Fruit Granulates Market

The global fruit granulates market is prognosticated to witness a steady growth curve in the coming years, according to a new report published by Transparency Market Research (TMR). The report, titled, “Fruit Granulates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028,” discusses the structure of the market and discusses the factors influencing the global market over the forecast period of 2018 to 2028. The report analyzes factors shaping the size and valuation of the market in the years to come, along with the significant industry trends that could impact the global fruit granulates market.


Fruit granulates are set up by drying and separating the water from the fruit mash, puree and squeezes. Fruit granulates are utilized as ingredients in hot and prepared to eat oats, pastry kitchen products, for example, treats, fruit bars, child food and over a few other food products. The worldwide market for fruit granulates is relied upon to see extensive development amid the figure time frame inferable from customers changing taste and inclination for common flavors.

Heightening interest for superior quality products has contributed towards the liberality inclination among buyers over the globe. Fruits and vegetables have dependably been on the front line because of their wholesome properties. Shoppers are searching for various flavors and nourishing substances in the food they devour which is pushing the utilization of fruit granulates over a few classifications of food products. Fruit granulates are agglomerates of powdered fruits which are set up into free streaming bigger granules or little minimal granulates.

Moreover, the developing clean name awareness among customers have driven the makers to dispatch food products with normal flavors and tastes which has altogether contributed towards developing utilization of fruit granulates over a few modern segments. Likewise, developing industry's push to diminish the food waste has brought about expanding number of food products makers to put resources into handling gear utilized for removing and growing new ingredient, apple granules from the fruit mash and squeeze. Fruit granulates are utilized as ingredients in hot and prepared to eat grains, pastry shop products, for example, treats, fruit bars, infant food and over a few other food products.

Recently, Abakus Foods which is a U.K. based maker of super food snacks propelled crunchy jujube crisps and jujube firm sprinkles for porridges or yogurt ingredients and for different applications, for example, confectionary, beverages and others.

Regions, for example, North America and Europe keep on being one of the noticeable pioneers in the fruit granulates market attributable to rising buyer awareness regarding consuming snacks. Every one of these variables together are expected to help quicken the market development of fruit granulates in the close term.

Some of the key vendors operating in the global fruit granulates market are Fruitofood, Miracle Fruit Farm, CARAGUM PARSIAN INC., Tree Top, Inc., and FruitSmart, among several others.


Global Maize Oil Market Sees Demand Owing to its Range of Applications

A report by Transparency Market Research, titled, “Maize Oil Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast 2016–2023,” finds that maize which is both a food and feed crop, is also used for making cooking oil known as corn oil or maize. Corn oil also finds usage as bio-fuel. And the by-product finds application as animal feed and fertilizer. With so many benefits, the global maize oil market is set to rise substantially in the near term.


The global maize oil market is predicted to see an upswing in the near future because of the numerous USPs of the product. Foremost among those is its ability to lessen a bad form of cholesterol known as LDL cholesterol. Maize oil is even more effective than olive oil in controlling it. This is because it contains greater amount of phytosterols, which is a type of compound typically found in plant cells membranes that block cholesterol absorption in the digestive system. With rising knowledge about the health benefits, sales are expected to soar in the global maize oil market.

When it comes to cooking, refined corn oil has a high smoke point which makes it perfect for frying. Corn oil is also a main ingredient in some margarines and is sued for salad dressing. It usually costs less than other types of vegetable oils. All these are having a positive influence on the global maize oil market.

Non-food grade corn oil finds application in the production of biodiesel. It also has other industrial uses. For instance, it is used as an ingredient in soaps, paints, salve, ink, insecticides, and textiles. It also functions sometimes as a drug molecule carrier in pharmaceutical products. It is used for skin and hair care too. Such widespread applications is predicted to support growth in the global maize oil market.

Despite so many uses and benefits, there are nonetheless a few deterrents hobbling growth in the global maize oil market. Those include their side effects on health such as weight gain, greater cancer risk, and toxicity. Some side effects are of course depends on the kind of corn oil one uses and the manner in which it is extracted.

From a geographical standpoint, North America at present accounts for a leading share in the global maize oil market. This is because of the high subsidy offered to corns which makes them cheaper. This has led to increased production of maize oil in the market.


Some of the key players in the global maize oil market that have been profiled in the report are Neshiel Chemical Pvt. Ltd., RPMG, Inc., and Cargill Inc. The report studies their sales and revenues, extraction methods, market shares, and prospects going forward. 

Rapid Advances in Food & Beverage Industry to Propel Food Grade Foam Stabilizer Market

The global market for food grade foam stabilizers is prognosticated to witness a steady growth curve in the coming years, according to a new report published by Transparency Market Research (TMR). The report, titled, “Food Grade Foam Stabilizer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028,” discusses the structure of the market and discusses the factors influencing the global market over the forecast period of 2018 to 2028. The report analyzes factors shaping the size and valuation of the market in the years to come, along with the significant industry trends that could impact the global food grade foam stabilizer market.


Foams remain a significant piece of the food specialist's armory. Tragically the quantity of new atoms accessible to balance out foams is beginning to decrease. Somewhat, this is because of the challenges of finding new species with great properties and, in numerous regards, this trend is driven by a business need to make food names 'green'. Food grade proteins offer various potential arrangements, and additionally some magnificent physical properties, when at the air– water interface. Creating and stabilizing a foam includes the age of a protein film encompassing a gas bubble and the pressing of gas rises into a general structure. Destabilization of protein foams happens because of creaming, waste (from lamellae and level guests), bubble mixture and disproportionation.

Enthusiasm for food foams has empowered enthusiasm for looking into new substances that would make more steady foams. The class II hydrophobin (HFBII) is an ultra-low sub-atomic weight protein that is a profoundly surface-dynamic protein. It has special capacities as both unrivaled adsorption on a strong surface and capacity to spread on hydrophobic surface. It has been appeared to be uncommonly steady in food foams contrasted with introduce stabilizers.

Real shareholding organizations have been executing a few key obtaining procedures to pick up the specialized know-how of gained organizations to create high caliber and inventive food grade foam stabilizer for its objective clients.

The expanded interest for natural items has undoubtedly added to the popularity, regular items since customers liken natural with being normal too. Since clients can discover any item on the rack which is made of normal constituents, from treats, cakes, drinks, child foods, soup, sauces, dressings and then some others, they would expect that stabilizers utilized in the business would be similarly accessible in any application. This is a key pattern that could increase the interest for regular determined food grade stabilizers in the pending years, promote fuelling the market.


Prominent vendors in the global food grade foam stabilizer market are Zibo Hailan Chemical Co Ltd, Ashland Inc., Amba Gums & Feeds Products, Lallemand Inc., and The Dow Chemical Company, among several others.  

Spreadable Butter Market to witness New Frontiers with Constant Advances in Production Methods

The rising popularity of spreadable butter stemmed from of the soft consistency of the get-go butter even at cold temperatures, apart from the presence of less saturated fat than the standard butter. The changing eating patterns of people across the globe is favoring the global demand for spreadable butter with similar fat and calorie count. The incorporation of new flavors and herbs in the spreadable butter is a key trend stoking the popularity of this food category world over.


Spreadable butter essentially a blend of two premium types of fat may have several potential benefits if consumed in moderation. This is a crucial aspect propelling the growth of the market. The rising application of spreadable butter in processing industries in bakery, dairy, confectionary, beverages, and convenience food is accentuating the market. The ease of availability of spreadable butter in various food distribution channels has been a potentially important factor bolstering its demand.

Over the past few years, spreadable butter has risen in tremendous popularity among butter lovers all over the globe. This has also resulted in the number of homemade recipes that have come to the fore. This might in some ways is hampering the commercial uptake of spreadable butter. Food producers vary the fat content and add a variety of herbs to enhance the taste and flavor and also meet the varying needs of consumers. This is fuelling the expansion of the market.
On the geographical front, spreadable butter is witnessing widespread demand in the Middle East, Asia Pacific, and Europe. The growing awareness about the nutritional benefits of spreadable butter and the rapid rise in productions are factors fueling the growth in these regional markets. New Zealand is the prime producer of spreadable butter.

Constant advances in production methods are opening new frontiers in the spreadable butter market. Innovations have made the production of spreadable butter with exceptional purity commercially possible, thereby catalyzing the market growth. However, various unfavorable government regulations pertaining to the production, export, import traditions, tariffs, and licensing are hampering the market expansion. The lack of standard grading system is also adversely affecting the market growth. Moreover, the availability of alternatives may also hinder the demand for spreadable butter.


Some of the prominent players operating in the global spreadable butter market are Ornua, Unilever, Dairy Crest Group plc., Danish Dairy Board (Arla Foods), and Fonterra Co-operative Group. A growing number of players are focusing on enhancing portfolio of their offerings to bolster their hold over the market and consolidate their shares. 

Rising At Tepid Pace, Europe Pet Food Market to Clock Valuation of US$28.146 Bn by 2021

The Europe pet food market has been growing at a tepid 1.3% in the duration beginning from 2015 and ending in 2021. At this pace, the market is predicted to attain a value of US$28.146 bn by 2021. This has been revealed by Transparency Market Research in one of its reports focused on the Europe pet food market. The report also lists Purina, Pedigree Whiskas, Cesar, Nestle, Colgate-Palmolive, and Affinity Petcare as some of the prominent players in the market.


The various types of food available in the Europe pet food market can be classified into wet/canned food, nutritious food, snacks/treats, dry food, and others such raw meat. At present, the dry food segment among them is witnessing maximum demand. Going forward too, the segment is predicted to see comparatively greater demand and will presumably attain a value of US$11.075 bn by 2021. From a geographical standpoint, the main segments in the Europe pet food market are France, the U.K., Germany, Netherlands, Italy, Spain, and the Rest of Europe. The U.K. among them is a leading market that has been generating significant revenues. However, our report predicts that its market would see slow growth in the next couple of years because of being saturated.

Growing Pet Adoption and Range of Products Boosts Europe Pet Food Market

There are several factors providing tailwinds to the Europe pet food market. The most prominent among those is the trend of adopting various kinds of pets. This is mainly on account of the increasing disposable incomes of people. Besides, availability of various kinds of pet foods would also have a positive impact on the market. Elaborates the lead analyst of the TMR report, “For feeding pets, different types of pet foods are being produced in Europe. Those are meant for dogs, cats, fishes, and birds. Those are seeing good sales because of the rising emphasis on a proper diet for their pet animals by owners. This has been boosting the Europe pet food market.”

Thrust on Product Development to Bode Well for Market Growth

Pet foods are produced for dogs, cats, and other animals in Europe. Currently, the other segment is rising at a rapid pace in the Europe pet food market. However, when it comes to market share, the cat food segment currently surpasses all others because of the strong fascination for smaller animals. In the next couple of years, the growth in the Europe pet food market is expected to be supported by the increasing efforts of manufacturers to formulate more nutritious and tasty foods. To that end, they are expending money into research and development. They are also seen bolstering their distribution networks and embracing online channels to push up sales.

Spain Spells Maximum Opportunity Going Forward


Most of the astute players in the Europe pet food market are currently focusing on Spain, whose market will likely grow at maximum pace in the upcoming years. This is because of the increasing number of poet owners in the nation, states our report. France, Italy, and Netherlands are also predicted to open up growth avenues in the near term.

Date Palm Market Revenue Expected to Increase to US$ 10,353.4 Mn by 2026

Transparency Market Research (TMR) delivers key insights on the global date palm market in its upcoming outlook titled, “Date Palm Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026”. In terms of value, the global date palm market is projected to expand at a CAGR of 3.1% during the forecast period due to various factors, regarding which TMR offers vital insights in detail.


The date palm market is segmented on the basis of nature, variety, end use, form and region. On the basis of nature, the global date palm market is segmented into organic and conventional. The organic date palm segment is expected to increase at a significant growth rate owing to increasing demand for organic food and beverages in the global market as organic food products are free from chemicals, fertilizers, insecticides, and others. Organic date palm also has higher nutritional content and offers high quality of taste to consumers. In addition, consumers have greater preference towards certified organic products such as certification by USDA, European commission, and other government bodies. However, the conventional segment accounts for a higher market share in the global date palm market in terms of both value and volume. On the basis of variety, the global date palm market is segmented into Deglet Noor, Medjool, Barhi, Zahidi, and others. Since different regions covered in the scope of the study have varying preferences of variety of date palm, the analysis based on variety has been provided at a regional level. Among all the varieties of date palm, Deglet Noor and Medjool are the primary preference of consumers owing to their high quality and higher nutritional content.

On the basis of end use, the global date palm market is segmented on the basis of household, foodservice, dietary supplements, personal care & cosmetics, and food industry. Furthermore, food industry is sub-segmented into bakery & desserts, confectionery, functional food & nutritional bars, and others. The household segment is expected to dominate the global date palm market in the near future due to higher consumer preference towards dried date palm in Asia Pacific region and raw date palm in Middle East countries. On the basis of form, the global date palm market is segmented into raw and processed form of dates. Further, processed form of date palm is sub-segmented into paste, dried, purees and syrups. The raw form of date palm segment is expected to grow at a significant CAGR in the global date palm market. On the basis of region the global date palm market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East.

The date palm market in the Middle East & Africa region is expected to account for a majority of date consumption between 2018 and 2026 and is also the largest producer of dates in the world. Middle East countries are expected to remain the largest market through 2026, as dates are their major staple food. In the global date palm market, after Middle East & Africa, dates are consumed predominantly in Asia Pacific region and its majority of consumption is in India and Pakistan. On the other hand, in the European date palm market, the demand for dates is increasing at a robust growth rate owing to its increasing demand in functional food, nutritional bars, dietary supplements, and others. In addition, the demand for date palm is also increasing in North America and European markets owing to better positioning of dates in retail shelves at hypermarket/supermarket stores as a healthy and nutritional fruit.

In order to increase the sales of date palm in the global market, producers of date palm are more focused towards packaging of date products such as offering dates in flexible and rigid thermo packs, vacuum packs, bouquets of dates, and many others. Furthermore, companies are also focused towards offering premium quality and organic dates in order to meet increasing demand for dates in Europe and North American market.

This report covers trends driving each segment and offers analysis and insights into the potential of the date palm market in specific regions. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the date palm space. Date palm key players includes Al Barakah Dates Factory LLC, Hadiklaim Date Growers Cooperative, Maghadi Dates, Haifa Dattes, SUFFCO, Atul Rajasthan Date Palm Ltd., Natural Delights, Best Food Company LLC, Groundworks of Palm Beach County Inc., and Bayara Saudi Arabia Ltd.


Ready-to-Drink Coffee Market Expected to Grow at a CAGR of 7.7% During 2018-2026

The convenience and instant nature offered by ready-to-drink coffee are some of the major drivers for its market. Along with that, growing urbanization, busy lifestyles, and changing consumer preferences are some of the key factors affecting the ready-to-drink coffee market. In addition to the grab-and-go convenience provided by ready-to-drink coffee, it also comes in diverse types and flavors, thus, giving consumers a variety to choose from according to their tastes, likings, culture, and needs. The nature of ready-to-drink coffee makes it a profoundly trend-driven market, and has a lucrative potential to grow in the coming years. Further, ready-to-drink coffee is available in a variety of packagings that include cans, tetra packs, PET bottles, and glass bottles, offered in diverse package volumes, making it easily accessible and handy for consumers to carry anywhere. Another driving factor of ready-to-drink coffee is the increasing socialization and social gatherings amongst various age groups of people, especially the millennial population, which has eventually increased the demand and need for easily available and portable ready-to-drink coffee.


APAC Region Significant in the Ready-to-Drink Coffee Market

The APAC region is estimated to account for more than 59.9% of the market share for ready-to-drink coffee in 2018 by value, with Japan having the highest share in the region, with an estimated value share of 48.1%, and a CAGR of 8.8% during the forecast period of 2018-2026. The APAC region also contributes to the highest share in the global ready-to-drink coffee market during the forecasted year, with a CAGR of 9.1% and 66.1% market share by value, owing to growing urbanization, increase in the disposable income of consumers, high millennial population, and changing lifestyle and food & beverage preferences.

E-Commerce One of the Fastest Growing Distribution Channel in Ready-to-Drink Coffee Market

Hypermarkets and supermarkets account for the largest market share of ready-to-drink coffee in 2018, with a market share of 39.6%, and are expected to rise in the coming years. But the fastest-growing distribution channel in ready-to-drink coffee market during the forecast period is projected to be e-Commerce platforms, expected to grow at a CAGR of 9.1% with a market share of 20.5%, owing to technological and digital advancements, and increase in the number of consumers, especially the millennial population using smartphones and other digital mediums to buy various food, beverages, and grocery products with just a click while sitting at their places.

TMR has profiled some of the prominent market participants in the global ready-to-drink coffee market identified across the value chain, which includes Nestlé S.A., Starbucks Corporation, PepsiCo Inc., The Coca-Cola Company, McDonald’s Corp., The J.M. Smucker Company, Suntory Holdings Limited, Monster Beverage Co., Keurig Dr Pepper, illycaffè S.p.A, Lotte Chilsung Beverage Co., Caribou Coffee Company, Inc, Asahi Group Holdings, Ltd., and Bulletproof 360, Inc. among others.

Companies in the ready-to-drink coffee market are developing and innovating new flavors, types, and blends of ready-to-drink coffee, due to the constant demand for the same among consumers attributed to varied taste preferences, regional and cultural choices, and needs. In addition, various companies, these days, are offering decaffeinated ready-to-drink coffee, owing to the rising awareness among consumers about the ill-effects of high caffeine content on health. Further, some key participants are also offering ready-to-drink coffee energy drinks, targeting the health-conscious millennial population, attributed to the busy lifestyles of consumers these days, making them demand instant energy supply.


Clean Label Starch Market Revenue Expected to be valued at US$ 1,952.9 Mn by 2026

Transparency Market Research (PMR) delivers key insights on the global clean label starch market in its upcoming outlook, titled 'Global Market Study on the Clean Label Starch Market'. In terms of value, the global clean label starch market is projected to register a healthy CAGR of 5.8% during the forecast period, due to various factors, regarding which PMR offers vital insights in detail.


In recent years, the global market has been enduring a new trend of ‘clean label’ tag on most food and beverages products. Over the years, there has been a rise in the number of health conscious consumers, both, in developed and developing nations. The combination of several critical factors such as higher penetration rate of social media channels, easy availability of critical information regarding consumers’ desire for healthy lifestyles, consumption of organic and natural products, and rise in per capita income in several developing nations has been triggering the demand for clean label products on a global stage. Consumers are now considering even the type and quality of the food ingredients used in various food products for consumption. According to Ingredion Inc., clean label claims have the potential to make 64% of European consumers change brands.

Starch is one such food ingredient that has been influenced with the ‘clean label’ trend in recent years. Owing to consumers’ demand for clean label products, some of the key food ingredient manufacturers are now strategizing on launching clean label starches in several regions around the world. For instance, in 2017, Cargill Inc. introduced a portfolio of clean label starches under its own brand name ‘SimPure’. Owing to consumers’ varying demand, some manufacturers have been expanding their clean label starches with new products that cater to the needs and requirements of their target segments. In the global market, consumers demand convenient and great tasting food having recognizable ingredients on the label. Hence, in 2017, Tate & Lyle PLC, a key food ingredient and solution provider, announced the further expansion of its line of CLARIA® Functional Clean-Label Starches, with the introduction of two new instant starch products - CLARIA® Instant 340 and 360. The company claims that these products are smooth and of great taste, meeting the demands of the food processing industry.

In terms of revenue, the global clean label starch market is expected to represent an incremental opportunity of US$ 706.3 Mn by 2026 end over 2017. By source, the corn segment is expected to register a relatively higher CAGR in the global clean label starch market. The APAC region is expected to register a CAGR growth of 8.0% over the forecast period, due to a rise in the production and consumption of various types of starches, including clean label starch products in countries like China, Japan, etc.


Clean label starch is physically extracted, and no modification is done to enhance the properties of the starch. The physical extraction process is lengthy and costly, and increases the cost of the end product, which is likely to hinder the growth in the demand of clean label starch products.

Thursday, 27 September 2018

Baking Powder Market to Reach US$3.3 bn by 2019

Transparency Market Research has published a new market study on the global baking powder market for the 2013-2019 period. The report says that the global baking powder market will rise at a CAGR of 5.3% from 2013 to 2019. As a result, the market’s valuation is expected to increase from US$2.3 bn in 2012 to US$3.4 bn by 2019. The report, titled “Baking Powder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” is available for sale on the company’s website.

Baking powder is a dry chemical leavening used in a large number of baked goods. It is a mixture of baking soda, a dry acid, and sometimes cornstarch, and is used to increase the volume and lighten the texture of baked goods.


One of the major factors propelling the growth of the global baking powder market is the burgeoning food and fast food markets. The increasing consumption of baked foods directly affects the performance of the global baking powder market. The food industry utilizes baking powder as a raising agent to impart fluffiness and lightness to products such as cakes, waffles, tarts, pastries, etc. However, the rising awareness about the health implications of baking powder, if consumed for prolonged periods of time, is the biggest challenge for manufacturers presently.

The report studies the global baking powder market in terms of product and geography. By product, the segments of this market are tartrate, aluminum-free, phosphate-free, phosphate, sodium aluminum sulfate phosphate, anhydrous phosphate, and others. The tartrate segment held the highest share of 30.4% in the global market in 2012. This segment is expected to maintain its dominant position over the forecast period due to an increased preference for healthy baked foods. Phosphate-based baking powder is also a major product segment of the baking powder market; the segment held a share of 24.5% in the global market in 2012. Anhydrous phosphate and sodium-aluminum-phosphate-based baking powder collectively held a share of 28.65% in the global market in 2012.

Geography-wise, the report segments the global baking powder market into four broad regions, namely North America, Asia Pacific, Europe, and Rest of the World. In 2012, Asia Pacific dominated the global baking powder market due to the upsurge in the population of urban regions and the changing food habits in the region. Europe and Asia Pacific together held a share of 64.8% in the global market for baking powder in 2012.

In developed countries such as the U.S., the historically stable rate of economic growth has ensured that further urbanization will not make a significant impact on the baking powder market, particularly when compared to countries such as India and China.


The report also analyzes top players in the global baking powder market, which are Kraft Foods Group Inc., AB Mauri, Ward McKenzie Pty Ltd., Weikfield Products Private Limited, Eagle International, Clabber Girl Corporation, The New England Cupboard, Kudos Blends Limited, Blue Bird Foods India Pvt. Ltd., Hansells Food Group Limited, Caravan Ingredients Inc., and ACH Food Companies Inc.

Cheese Market: Expanding Fast Food Industry Boosts Demand for Cheese

The global cheese market is marked by a high degree of fragmentation with the presence of a host of small, medium, and large-sized players, reports Transparency Market Research (TMR) in a new study. Small companies are focused on catering to the regional demands, which has restricted the entry of leading players into new markets. Some top players in the global cheese market are Alra Foods, Fromageries Bel S.A, Fonterra Cooperative Group Ltd., and Mondelez International (Kraft Foods Group Inc.).

Mergers and acquisitions top the growth charts of major vendors in this market,” says a TMR analyst. Companies are actively involved in matching their business expansion plans with other companies with synergies in the bid to increase business profitability. An example is Arla Foods Inc. In October 2012, Arla Foods Inc. merged with Milk Link, a British cheese producing company, in a deal valued at US$261.9 mn. Following this move, Arla Foods Inc. obtained a higher market share with reduced competition in the U.K. dairy segment.


Strategic expansion is another growth model that top players in this market are focused on. Players are strategizing to enter into joint ventures and partnerships with existing players for increased revenue. Tapping into emerging economies and leveraging their growth potential is also what top-notch players in this market are engaged in. This is complemented with the expansion of distribution capabilities and increasing sales force in these countries for an increased presence.

Unstable economic conditions across the world adversely affect a plethora of industries, which includes food industry as well. The impact of unstable economic conditions has a significant impact on the demand for dairy products. Fluctuations in milk prices directly impact the price of cheese. So much so, a 1% increase in cheese price decreases the demand by 0.35%.

The shorter shelf life of cheese is also hampering the growth of the global cheese market. Cheese is highly perishable, which makes it shelf-life shorter throughout the supply chain. Increasing health concerns about the fat content of cheese is also leading to diminished demand for cheese.

The global cheese market is expected to reach a valuation of US$105.1 bn by 2019, states the study. Unprocessed cheese is the leading product type segment of the global cheese market. This is mainly due to the health benefits of unprocessed cheese, which includes its role as a good source of protein and calcium. The increasing use of unprocessed cheese in fast food and households will lead the unprocessed product type segment to display a high growth rate in the future.


Europe accounts as the leading regional segment of the global cheese market. In 2012, Europe held 38.8% of the global market. Asia Pacific is expected to display a robust growth rate in the cheese market.

Fast Food Market to Reach US$617.6 bn by 2019

The presence of a copious number of prominent players is what makes the global fast food market intensely competitive and fairly fragmented, finds researchers at Transparency Market Research (TMR). Top players operating in the market include Doctor’s Associates Inc., Yum! Brands Inc., Domino’s Pizza Inc., Wendy’s International Inc., McDonald’s Corp., Jack in the Box Inc., and Burger King Worldwide Inc. TMR observes that the top players are making sizeable investments aimed at introducing advancement in their product portfolio. They are tinkering with innovative flavors and taste in their products and adding more nutrients to attract consumers. A growing number of players are also looking to tap untapped avenues in emerging markets to gain a firm foothold in the regions.


The global fast foods market was valued at US$477.1 billion in 2013 and is projected to rise at a 4.40% CAGR during the forecast period of 2013–2019. Rising at this pace, the market is estimated to be worth US$617.6 billion by 2019 end.

The various types of fast food products are categorized into burger and sandwich, pizza and pasta, chicken, Asian/Latin American fast food, Mexican, sea-foods, and snacks. Of these, the demand for pizza/pasta and burger/sandwich is potentially more attractive than all others. The extensive consumption of these fast foods in developed regions will sustain the rapid CAGR of the segments during the assessment period.

Regionally, Europe and North America have been potential markets for fast food, with the latter taking the lead in 2013. North America is expected to retain its sway through 2019. However, the notably rising appetite for fast food in emerging economies such as China will lead Asia Pacific to gain massive shares in the coming years.

Fast-paced Lifestyle and Transforming Food Habits of Worldwide Consumers drive Demand

The global fast food market has evolved rapidly over the past decade gaining strength from the constantly changing dining habits of people world over residing on the back of hectic lifestyle they are increasingly adopting. The easy availability of fast food and the inclination toward less cooking have inflamed the consumption of fast food among consumers across emerging and developed emerging economies.

Advancement in food delivery technologies and players focused on bringing innovations by experimenting with exotic ingredients augur well for the fast food market. Aggressive promotional activities by top brands have also paid off well in recent years.

Innovative Flavors and Texture might Appeal to Consumer Palates but Health Concerns continue to Impede Demand

The introduction of new flavors, texture, and taste in fast food is substantially catalyzing the growth of the market over the assessment period. However, the market also suffers from some noticeable setbacks. The adverse health effects of ingredients used in fast foods, especially on children, and the purported health concerns their consumption have given rise to in recent years are factors that continue to have adverse impact on the attractiveness of the market.

Nevertheless, several fast foods companies in recent years are taking measures to make their products more appealing and acceptable among worldwide consumers by making their offerings healthier. For instance, prominent fast food brands are avoiding artificial preservatives and colors, apart from adding more nutrients to their products. This is gathering steam with the palates of young adults and kids and stoked the popularity of fast foods.


Condiment Sauces Market to Touch US$23.39 bn by 2020

The global condiments sauces market is the focus of analysis of a recent market research report published by Transparency Market Research. The study underlines the rising popularity of international cuisines among the global population as a chief factor driving the market. The market is expected to exhibit a positive CAGR of 3.2% from 2014 through 2020, and rise from a valuation of US$19.35 bn in 2014 to nearly US$23.40 bn by 2020.The report is titled “Condiment Sauces Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” and is available for sale on the company’s website.


Condiment sauces are a variety of ready-to-use sauces or cooking sauces that are used in several cuisines for adding flavor to food or to be used as table dips or both. In many countries across the globe, a variety of condiment spices are used regularly alongside many dishes and in several recipes. Condiment spices are also an integral part of many fast food recipes and have witnessed an increased demand in the past years owing to the rising consumption of fast food among busy city dwellers.

The TMR report on condiment spices gives a detailed overview of the present state of the market and a forward-looking perspective of the market’s growth prospects over the forecast period. A thorough overview of the major factors, which are projected to have a measurable impact on the market’s growth prospects over the forecast period, has also been included in the report.

For making the complex market data easy for application and comprehension, the market has been examined from the point of view of two broad criteria: type of condiment sauce and geography.

From the geographic perspective, the global condiment spices market has been analyzed for Asia Pacific, North America, Europe, and Rest of the World. Countries in Asia Pacific have been the leading consumers of a variety of condiment spices historically. Over the forecast period as well, the market will continue to witness substantial demand in the region. Primary reasons for the positive growth prospects of the market in the region will be the rising consumption of fast food, for which condiment sauces are a core ingredient in recipes popular in the region, increased disposable incomes, and a flourishing tourism industry. Japan became the second-largest market for condiment sauces in 2014 owing to the high demand for soy sauce.

U.S. was the leading market for condiment sauces in the same year and is expected to be a major consumer over the forecast period as well, making North America a key regional market for condiment sauces.


The report also gives comprehensive insights into the competitive landscape of the global condiment sauces market with the help of detailed business profiles and other crucial details pertaining to some of the most influential vendors in the market.

Asia Pacific Chocolate Market to Reach US$18.2 bn by 2019

The Asia Pacific chocolate market is expected to reach US$18.23 bn by then end of 2019. This market is progressing at a CAGR of 5.2% within a forecast period of 2013 to 2019, according to a research report released by Transparency Market Research. The Asia Pacific chocolate market was recorded at US$12.24 bn in 2012. The report, titled “Asia Pacific Chocolate Market - Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2013 - 2019,” creates an all-inclusive portrait of this market through product types and country.


The youth have always been the primary target consumers for all kinds of chocolates. The Asia Pacific comprises a large percentage of children and youth, favoring the growth rate of the Asia Pacific chocolate market. One advantage that chocolates present is the ease with which a consumer can eat them. Chocolates can therefore easily become a part of the modern fast-paced lifestyle, where they can provide food-based satisfaction as well as energy through sugar additives. Chocolates are also being considered as a replacement food for desserts and other sweets.

As stated in the report, the primary driver of the Asia Pacific chocolate market is the increasing number of individuals with higher disposable incomes in the region. A greater percentage of the Asia Pacific population can afford a better quality of consumer goods, including chocolates. This factor, coupled with the high rate of urbanization and a growing trend of adopting western culture has made the Asia Pacific region an excellent location for regional and global players to increase market penetration.

In terms of volume, the Asia Pacific chocolate market is expanding at a CAGR of 4.80% between 2013 and 2019. Chocolate consumption was recorded at 822.60 mn kg in 2013, and is expected to reach 1,087.8 mn kg by the end of the forecast period.


The key players in the Asia Pacific chocolate market are Lotte Co., Nestle, Hershey, Mars Inc., Mondelez International Inc., and Ferrero S.P.A.

Non-alcoholic Drinks Market: Rising Disposable Incomes and Mounting Health Concerns Boost Market

The global non-alcoholic drinks market features an intensely competitive landscape, characterized by intense rivalry amongst the leading players, notes Transparency Market Research (TMR). Some of the key players in the market are Dr Pepper Snapple, LiveWire Ergogenics, Dydo Drinco, A.G. Barr, PepsiCo, Danone, the Coca-Cola Company, Attitude Drinks Inc., and Nestlé S.A. Prominent food and beverages companies operating in the market are actively consolidating their product portfolios by introducing a variety of flavors. A large number of leading players increasingly opt for price differentiation strategy in order to gain a competitive edge over others, observes TMR. In addition, small players are focused on strengthening their foothold in the market by launching drinks that cater to local taste and preference.


The global market for non-alcoholic drinks market was valued at US$1,435.25 bn in 2013 and is projected to reach US$1,937.73 bn by the end of 2020, in terms of volume. The market is projected to rise a CAGR of 4.30% from 2014 to 2020.

Based on product, the tea and coffee segment is projected to rise at the leading CAGR of 7.0% from 2014 to 2020. The growth of the segment is vastly fueled by the rapid pace of industrialization and the rising disposable incomes of consumers. Regionally, the North America for non-alcoholic drinks market held the major revenue in 2013 and is predicted to lead the market in the next few years. The dominance of the regional market is attributed to the rising health awareness of populations across all age groups in the region.

The constant change in consumer shifts in the food and beverages segment and the rising spending of populations in non-alcoholic drinks attributed to increasing per-capita incomes are the key factors driving the market. The changing taste and preferences of consumers is inclined toward a variety of flavors bolstering the demand for various types of non-alcohol drinks. The general rising temperatures of the world, on account of global warming, is boosting the demand for non-alcoholic beverages. In addition, the rising health concerns has led a large chunk of population in developed and developing regions to prefer non-alcoholic over alcoholic drinks. For instance, this is fueling the demand for packaged fruit juices and dairy drinks.

The increasing disposable incomes of consumers in emerging economies has boosted the demand for soft drinks. The growing popularity of soft drinks across demographics is a key factor catalyzing the market. The changes in demographics in various regions has propelled the demand for tea and coffee.

Inclination to Imbibe on New Flavors in Drinks among Young Populations Catalyzes Market

In recent years, the mounting health concern related to the adverse effect of sweetened beverages by artificial means is a key factor likely to hamper the demand for non-alcoholic drinks in the coming years. However, the rising purchasing power of consumers has led to the demand for innovative flavors and nutrition in coffee. Increased focus of numerous food and beverages company on differentiating their offerings have led them to capitalize on emerging opportunities in several emerging markets. In addition, the sustained introduction of new products in different flavors and variants is anticipated to open up lucrative avenues for these players. Furthermore, the rising youth populations, especially in developing nations of Asia Pacific, is a key trend expected to change the consumption pattern in favor of non-alcoholic drinks. These populations are active in trying new flavors as refreshing alternatives. This is expected to augur well for the market in the coming years.


Flour Market to Bring in US$254.82 Bn by 2020 as Demand for High-protein Varieties Births New Opportunities

The global flour market has been prognosticated in a report by Transparency Market Research (TMR) to carry fierce competition where players could give their competitors a run for their money. The competition could turn intense due to the presence of a telling count of small and large companies operating in the market. Players are expected to take bold steps to proactively enter new and promising markets such as flavored flours and baking mixes with a view to cash in on increasing consumer interest in easy-to-make food preparations. The market has been marked by the presence of prominent players including King Arthur Flour Company Inc., General Mills Inc., and ITC Limited.

By 2020, the global flour market has been foreseen by TMR analysts to bag a whopping US$254.82 bn. In terms of application, breads and bakery products could account for a stupendous share of 37.77% by the end of the same year. Regionally, Europe has been envisaged to take control of a dominant share on the basis of revenue.


Rise of Fast Food Industry Fuels Demand, Helping Market to Gather Pace

Changing consumer preference vis-à-vis food taste has been anticipated to work in the favor of flour’s market growth in the coming years. However, there could be other factors largely benefiting the world flour market: rising per capita income, expanding global population, and increasing dough consumption. The demand for flour has been projected to gain impetus on the back of the expansion of the fast food industry and rising consumption of bakery products.

Introduction of new gluten-free flour options could be helped with snowballing demand for high-protein flour varieties. During the course of the forecast period, demand for soy, corn, maize, and rice flours, and other gluten-free alternatives has been prophesied to see a rise.

Variable Costs of Few Types of Flour Slam down Growth to Some Extent

Cost difference for some flour varieties observed in several regions of the global market has been envisioned to curtail the rise in demand, thus pressurizing players to find new ways to generate growth. Nonetheless, launch of new product lines meeting consumer expectations and vast developments in milling process could create a slew of worthwhile opportunities in the market. Europe could act as a breeding ground for growth owing to magnified popularity of value-added bakery ingredients in its developed countries. Growth of the Europe flour market has been forecasted to produce ample of lucrative prospects riding on the rise in domestic wheat production for bread preparation.


On the other hand, Asia Pacific has been triggering a decent demand for flour while taking advantage of growing fast food consumption, increasing disposable income, rising expenditure on staple foods, and expanding population base.

Antioxidants Market: Substantial Applications as Food Preservatives Propel Demand

The global antioxidants market features a competitive landscape dotted with players of all sizes contributing to the increased intensity of competition, observes Transparency Market Research (TMR). Top players operating in the market are the Archer Daniels Midland Company (ADM), Ajinomoto Co., Inc., and BASF SE. Some of other prominent companies in the market are Koninklijke DSM N.V., Cargill Incorporated, Kalsec Inc., DuPont, Kemin Industries, Nutreco N.V., Naturex S.A., and Vitablend Nederland B. V.

The global antioxidants market is projected to garner a revenue worth US$3.11 billion by the end of 2020. The market is anticipated to rise at a CAGR of 5.6% during the forecast period of 2014–2020. The growth of the market will be notably fueled primarily by the rising application of antioxidants in cosmetics and other skincare products.


Broadly, antioxidants are classified into two types - natural and synthetic. Of the two, there is widespread application of synthetic antioxidants in the feed industry. However, over time, the food and feed industries are showing increased proclivity for natural antioxidants. Nevertheless, the ease of availability of synthetic type currently underpins its popularity.

On the regional front, Asia Pacific is projected to rise at an attractive pace during the assessment period. The substantially rising demand for antioxidants comes from rapidly emerging economies of India and China. The growth of this regional market is fueled by the rising uptake of healthier dietary supplements in the food and feed industries.

The attractive growth experienced by the global antioxidants market can be attributed to their extensive application as preservatives in fat-containing foods by preventing the oxidation of fats and oils. The crucial role played by antioxidants in delaying the onset of rancidity and help prolonging the shelf-life is key to its demand. The rising application of antioxidants in the global feeds industry is a notable factor catalyzing the growth of the market. The global antioxidant market is also expected to benefit from the rising demand for meat.

The cosmetics and personal care industries are emerging as the potential end user for promising application of antioxidants as anti-aging component. This has opened large lucrative avenues in the market.

Attractive Demand for Natural Antioxidants in Cosmetics and Feed Industries creates Lucrative Prospects

The notably rising demand for anti-wrinkle creams and lotions to counter aging is accentuating the market growth. In this context, the burgeoning usage of natural antioxidants for cosmetic products has expanded market prospects. With premature aging being a mounting concern, the demand will experience a robust fillip over the assessment period in various parts of the world.

Over the years, the market is likely to witness increased lucrativeness from the demand for natural antioxidants as opposed to synthetic ones. The former occurs naturally in various food and feed ingredients and prevents the formation of free radicals. The attractively rising demand for natural antioxidants in cosmetics formulation and in animal feeds will unlock lucrative opportunities for market players, especially in emerging economies. Natural oxidants are also being potentially demanded in making coloring agent, another factor behind the attractive strides the market will witness in the coming years.

Furthermore, the promising demand for functional food and beverages in developed nations, such as in numerous countries of Europe will aid in the substantial expansion of the global antioxidants market.