Juice Concentrate Market Growing at 3.4% CAGR during 2017-2025

The global juice concentrate market has been anticipated in a publication by Transparency Market Research (TMR) to be significantly fragmented and competitive. There could be a handful of players gaining an edge over other contestants in the market in terms of product differentiation. Players have been predicted to give a tough competition in the industry as they strive to come up with new products that flaunt novel flavors and tastes. Ciatti Company, SkyPeople Fruit Juice Inc., Ingredion Incorporated, Dohler Company, and Archer Daniels Midland Co. are some of the leading names of the market. The publication has provided a detailed view of how the competitive landscape could shape in the near future. 

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TMR has envisaged the global juice concentrate market to secure a staggering revenue of US$117.89 bn by the completion of 2025 after advancing from an US$89.56 bn valuation attained in 2016. Between 2017 and 2025, the market could post a 3.4% CAGR. On the basis of type, the market could see a continuation of the lead achieved by fruit juice concentrate in 2016. By region, Europe has been foreseen to attain supremacy in the market, considering its dominating reach to a US$32.97 bn in 2017. 

Trend of Adopting Healthy Lifestyle for Upkeep of Good Health Drives Sales 

Busy lifestyles and changing food habits of people have caused a surge in the attractiveness of convenience foods and beverages. While this could stoke the growth of the world juice concentrate market, there could be a positive influence placed on the demand for various products due to the trending adoption of a healthy way of life. The demand for fruit and vegetable juice concentrates has been expected to see a rise on account of the increasing awareness about healthy living. As more number of people adopt health-benefiting foods owing to a rising consciousness about good health, the demand could continue to increase in the coming years.

Fruit juice concentrate is used in several foods and beverages such as ice creams and curds. If the form of juice concentrate is taken into consideration, clear concentrate has been foretold to gain a larger market share in the near future. 

Awareness about Damaging Effects of Excess Fructose Consumption Dents Growth 

Excess consumption of fructose has been scientifically studied to have harmful effects on the body. In this regard, it has been expected of juice concentrates containing a high amount of fructose to see a decline in their demand. However, as per a study provided in the publication, the demand for juice concentrate could rise while riding on strong expenditure on non-alcoholic and alcoholic fruit drink products due to changing economic conditions around the world. Moreover, there has been an increased spending on baby food, yogurt, and ice cream. 

Furthermore, there are companies that introduce new flavors in the international juice concentrate market catering to the middle-income group. They have also been keen on introducing products that boast of high nutritional values. Cost-effectiveness and longer shelf life of juice concentrates compared to fresh juices could be other factors augmenting the demand in the market.

D-mannose Market to Expand at 3.5% CAGR from 2017 to 2025 Spurred by Growing Incidence of Diabetes

Players within the global d-mannose market are vying to expand their manufacturing capacity. Leading players are also targeting to acquire smaller players in developing nations, so as to tap onto the expanding and promising growth opportunities within emerging nations. Key players within the global d-mannose market are: E. I. du Pont de Nemours and Company, Now Health Group Inc., Jarrow Formulas Inc, and Nutraceutical International Corp.

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According to Transparency Market Research (TMR), the global d-mannose market is expected to rise from US$774.5 mn in 2017 to US$1,016.7 mn by the end of 2025, showcasing a CAGR of 3.5% between 2017 and 2025. On the basis of application, the market is expected to be led by the dietary supplements segment. The other key application areas include pharmaceuticals and functional food. The dietary supplements segment is expected to account for 40% of the total market. However, fastest growth is to be expected by the functional food segment. This segment is estimated to exhibit a 4% CAGR from 2017 to 2025.

North America Leading Now and to Do So in Future Due to Rising Prevalence of Diabetes

By geography, the market is expected to be led by North America in the future on account of the increasing prevalence of urinary tract infections. The increasing availability of healthcare information to the masses and the high prevalence of diabetes among the people in this region are driving the developments of alternative treatments such as d-mannose. Southeast Asia is also a budding market for d-mannose and the increasing number of diabetics in this part of the world will drive the growth prospects of the d-mannose market.

Increasing Prevalence of Urinary Tract Infections Behind High Demand for D-mannose

As per the lead author of this report, “ the global d-mannose market is growing on account of the rising awareness of the use of d-mannose for preventing urinary tract infections (UTIs). Mannose makes it difficult for pathogens to attach to the surface. This is possible because mannose clings to the walls of the urinary tract, thereby making it hard for pathogens to stick to the surface. As antibiotics which are used for treating urinary tract infections often face resistance due to the side effects caused, the demand for d-mannose as a preventive tool for UTIs will accelerate.

Demand Growing from Diabetic and Calorie-conscious People

The demand for d-mannose is also high on account of the growing demand for products that are meant for diabetics and those people who are calorie-conscious. This is because mannose does not influence the blood sugar levels and is not metabolized like glucose. D-mannose is safe for diabetics as most of it is absorbed by the preliminary parts in the digestive tract. The improvement of long distance shipping facilities and growing scope of specialist diets will facilitate the growth of the global d- mannose market.

GMO Crops and Seeds Market to Reach an Evaluation of US$13,776.1 mn by 2022

The global GMO crops and seeds market is prognosticated to exhibit a healthy growth in the coming years, as reported by Transparency Market Research (TMR). The vendor landscape of the market is currently fragmented with the vast pool of mid-sized as well as large-sized players. The vendors are expected to be focused on research and development of new technological innovations in order to provide the best possible quality of seeds. This is as key strategy that is expected to be adopted by vendors in order to thrive on in the global, highly competitive market. Market participants are also keen on enhancing their production capacities to meet the colossal demand from consumers. 

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According to TMR’s report, the global GMO crops and seeds market is expected to exhibit moderate growth for the forecast period between 2017 and 2022. In terms of revenue, the global GMO crops and seeds market is predicted to be worth US$36,653.2 mn by the end of 2022 rising at a CAGR of 8.3% between 2017 and 2022. The segment is predicted to reach an evaluation of US$13,776.1 mn by 2022. 

On the basis of crop type, the segment of corn is predicted to emerge as the leading one over the forecast period. The segment was valued to be at US$9,293.1 mn in 2017 and represented 37.8% of the market in the same year. 

Geography-wise, North America was the leading regional market for GMO crops and seeds in 2017, and the trend is expected to continue over the forecast period. The region is predicted to exhibit an attractive CAGR of 7.6% between 2017 and 2022. 

Demand for Longer Shelf Life, Anti-Pest Properties to Boost Growth 

The genetically-modified seeds offer premium qualities to build yields, empower longer time span of usability, and more prominent protection from bugs. The diminishing size of arable land is the real development driver for the usage of GM crops, which will accelerate the yield generation process. Merchants in the market are thinking of a few new GM crops which offer numerous methods of protection from vermin and maladies and expanded resilience to herbicides, for example, Vitamin enriched rice and wheat, drought tolerant maize, biofortified bananas, and pest-free cowpea and beans. These properties of herbicide resistance have introduced new doors for genetically modified seed in the corn and soybean fragment, which will goad development for this section over the forecast period. 

As per the Food and Agriculture Organization (FAO), expanding populace and disposable incomes of consumers are expected to boost the yield generation by roughly 70% by 2050. The surge in demand for food produce and the lessened accessibility of arable land is predicted to augment the adoption of different farming advancements, for example, GMO crops and seeds, which thus, is foreseen to help the global development of the market. 

Rising Incidence of Droughts to Provide Lucrative Market Opportunity 

In genetic modification process different methods are utilized, for example, quality grafting, quality hushing and utilization of viral transporters. The rising use of genetic modification in horticultural practices is one of the main application, brought about the genetically modified seeds and products.

The genetically modified seeds are advantageous over traditional seeds as they improve the yields developed on the same land, decrease the harvest harm from weeds, infections and insects and conceivably enhance their nutritional value medical advantages. Because of different research and advancements in seeds utilizing hereditary changes, it provides answers for the agriculturists for a few ecological conditions, for example, saltiness, droughts and diseases which are expected to drive the GMO crops and seeds market to a large extent.

Dairy Blends Market to Expand at a CAGR of 5.80% over 2017 and 2022 as Packaged-Food Industry Gathers Momentum

The demand within the global dairy blends market has been rising on account of the expansive usage of dairy products in the food and beverages industry, finds Transparency Market Research (TMR). The global market for dairy blends displays an intensely competitive vendor landscape wherein several players are overhauling their business strategies to gain a competitive advantage. The fragmented nature of the competitive landscape has had little effect on the bar of competition because the demand for dairy blends has been rising at an astral rate. The entry of new players into the global market for dairy blends is a recurring phenomenon as the market offers commendably lucrative growth opportunities. 

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Over the past decade, the leading market players in the global dairy blends market have been focusing on enhancing the quality of their blends in order to outdo the escalating competition. It is projected that the smaller market players would crush under the weight of increasing production volumes of the larger players. However, formation of strategic alliances and partnerships amongst the smaller players could acts a saviour for these players. Furthermore, the large market players in the global market for dairy blends are on a spree of acquisitions and have already taken over several defunct market players. 

A report published by Transparency Market Research (TMR) finds that the global dairy blends market would expand at a steady CAGR of 5.80% from 2017 to 2022. Furthermore, the global dairy blends market is expected to accumulate revenues as high as US$3,789.3 mn by 2022-end, rising up from a value of US$2,853.7 mn in 2017. On the basis of product type, the demand for dairy mixtures has been rising due to their huge-scale usage in the food industry. Based on geography, the demand for dairy blends in Asia Pacific and North America has been touching new heights. 

Health Benefits of Dairy Blends to Propel Demand 

The demand within the global market for dairy blends has been escalating on account of the growth of packaged food industry. Dairy blends, although artificially manufactured, serve a number of health benefits and are approved for consumption by several food inspection organisations. This is expected to given an impetus to the growth of the global market for dairy blends in recent times, and has even provided a launch pad to the growth of the market players. 

Popularity of Conventional Dairy Products to Hinder Market Growth 

The demand within the global market for dairy blends has traced an upward graph due to low fat content and low calories in dairy blends. However, a number of food manufacturers still prefer to use conventional dairy products to maintain the freshness and healthiness of foods. This factor has placed a negative toll on the growth of the global dairy blends market in recent times. However, the global market for dairy blends is expected to keep expanding as food administrations across region give a seal of credibility to these blends. The growing food and beverages industry is also expected to keep driving demand within the global dairy blends market in the years to come.

Rising Awareness towards Improving Gut Health to Boost Digestive Health Products Market

The global digestive health products market is currently characterized by copious fragmentation with the presence of a vast pool of established as well as new vendors, according to Transparency Market Research (TMR). The market’s vendor landscape is a highly competitive one, with vendors adopting commendable strategies in order to gain an edge over their competitors. Companies are taking efforts to introduce new, innovative products, and to diversify their product portfolio. Prominent vendors are capitalizing on the support offered by local governments and chains of healthcare centers. The changing consumer preferences on account of the changing demands of the consumers is expected to attract several new entrants to the market. 

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Key vendors operating in the global digestive health products market are Cargill Inc., Yakult Honsha Co. Ltd., E. I. DuPont Nemours and Company, Danone SA, PepsiCo Inc., Nestle SA, and Arla Foods Inc., among others. 

According to TMR’s report, the global digestive health products market over the forecast period of 2017 to 2022 is expected to exhibit a 3.9% CAGR. The market, which was estimated to be at US$68.8 bn in 2017, is prognosticated to rise to US$83.5 bn by 2022. 

Among the different product segments, dairy products are predicted to hold a substantial portion of the overall market revenue, rising from US$30.6 bn in 2017 to US$39.3 bn by 2022. Geographically, the widespread use to dairy products in emerging markets of China and India are anticipated to push the region of Asia Pacific excluding Japan (APEJ) to the forefront. APEJ is predicted to exhibit a 5% CAGR over the period of forecast. 

Surge in Adoption of Better Lifestyle Choice to Propel Digestive Health Products Market 

As per the National Institute of Diabetes and Digestive and Kidney Diseases, 60 to 70 million individuals experience the ill effects of different digestive infections. The key factor driving the growth of global digestive health products market is expanding appropriation of healthier way of life by the general population. The surge in geriatric populace of the world and the rising interest for probiotics for keeping up the gut vegetation is relied upon to additionally fuel the market development. Yogurts, dairy, and aged products are for the most part utilized for the conveyance of the probiotic microorganisms to the shoppers. The drain products containing probiotics help in lightening Helicobacter pylori disease, anti-infection agents related looseness of the bowels, and bad tempered gut disorder. With a few organizations propelling new probiotic elements for dairy products, the portion will witness gigantic growthin the coming years. 

While, low mindfulness in regards to the significance of a healthy digestive tract, and stringent directions for probiotic and prebiotic naming may go about as real obstacles for the growthof market. Notwithstanding, developments in the digestive health products is relied upon to make gigantic open doors for the growthof market in the coming years. 

Favorable Policies to Provide Lucrative Opportunity 

Different governments incorporate digestive health as either an area in health strategies or present the product as a correction to previous approaches, which is anticipated to uptick request inside the market. Modern and effective R&D has risen above as a significant trademark for private and government possessed sustenance endeavoring to grow their product portfolio. Consumers in the upper-white collar class classification demonstrate a propensity to plan of action to better healthcare offices, in this manner raising the offers of these products. Along these lines, expanded notoriety of dietary supplements among the legislature and the consumer is set to increase the growthprospects of the market over the gauge time frame.

Protein Supplements Market to Grow Steadily, Mushrooming Gym, Health & Fitness Centres to Create Lucrative Sales Prospects

A large number of players operate in the global protein supplements market rendering it highly competitive. Considering prospects offer by the market, in the near future it is likely to witness an influx of new entrants. This in turn will make competition fiercer among the market players. As per a study by Transparency Market Research (TMR), market players will aim to boost their businesses on the back of product development and differentiation. Besides this, they are looking to expand their businesses across emerging economies as a prime strategy to gain competitive strength. Several developing nations offer untapped potential, which the market players are aiming to capitalize on in the coming years. 

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According to TMR, GlaxoSmithKline Plc, ABH Pharma Inc., Amway Corp., Nu Skin Enterprises Inc., and Vitacost.com Inc., are some of the prominent companies operating in the global protein supplements market. TMR projects, the global protein supplements market toe exhibit a CAGR of 5.30% between 2017 and 2022. Furthermore, the market is projected to reach US$2.8 bn by the end of 2026. 

Regionally, North America is forecast to remain dominant in the global market through the course of the aforementioned forecast. The rising disposable income of consumers in the region has bolstered growth witnessed by the protein supplements market in North America. As per the report, the demand for protein supplements is likely to increase significantly in North America. Also among protein supplements available in the global market, the demand from supplements derived from animal sources is greater than their plant-based supplements. 

Increasing Focus on Health and Fitness Fuels Demand for Protein Supplements 

The intake of protein supplements is rising in response to the surging attention towards fitness. The rising number of gyms, health clubs, and fitness centres connotes the increasing inclinations towards maintaining a fit and healthier lifestyle. This trend is unlikely to wither away anytime soon, which is indicative of a promising future for the global protein supplements market. Weight management is one of the important concerns address in fitness centres. This also results in the increasing demand for protein supplements as they have proven helpful in managing weight. Furthermore, the market is likely to gain from rapid urbanization and the rising purchasing power of consumers.

High Cost of Protein Supplements Hinders their Sales in Low-income Countries

TMR expects the global protein supplements market gain considerable pace in the coming years. It is likely to gain significantly from the rising popularity of several sports and fitness activities. On the downside, fluctuating prices of protein products may hinder the global protein supplement market to an extent. Furthermore, the high cost of these supplement products may discourage their sales in countries with low income. Nonetheless, several companies are trying to price their products more reasonable, which may have a positive impact on the overall market in the coming years.

Mycotoxin Binders Market to Register a Healthy 9.7% CAGR during 2017-2025

As the amount of disposable income continues to increase among urban populations residing in the metropolitan areas across the world, the food industry is flourishing. And, as a result, the demand for poultry products is on the rise. For a profitable yield from a farm, the organizations have to maintain a quality diet with nutrients for the pigs. Mycotoxin binders are now replacing mold inhibitors as they lack effectiveness, while the former can be added to the diet of the pigs to avoid them from absorbing toxins found in the feed. According to an up to date business intelligence report by Transparency Market Research (TMR), the demand in the global mycotoxin binders market will increment at an impressive CAGR of 9.7% during the forecast period of 2017 to 2025, by the end of which the opportunities are estimated to translate into a revenue of US$387.4 million.

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The analyst of the TMR report has detected that major players operating in the mycotoxin binders market are focused on enhancing their product portfolio, which helps them cater to a wider range of end users. And to create a niche, major players such as Bayer, BASF, E.I. du Pont, Cargill, Syngenta International, Kemin Industries, Impextraco, Nutreco, Novus International, and Biomin are investing heavily on research and development activities.

Based on product type, the TMR report has segmented the mycotoxin binders market into polysaccharides, zeolites and other treated aluminosilicates, and raw clay. The animal types that have been evaluated for their demand potential are: equine, pet, aqua, ruminant, swine, poultry, and others. Geographically, Asia Pacific has been foreseen as the region that will cultivate the most prominent chunk of demand in the global mycotoxin binders market. This rise of the APAC mycotoxin binders market can be attributed to growing awareness regarding the benefits and return of investment by farm organizations.

Often, as a result of fungi and insect infestation, the plant-based raw materials of animal feed lose their nutritious values, which can be adequately sufficed by mycotoxin binders, and hence a flourishing market for the same. As the awareness regarding the benefits of this additives expands, more and more farm owners are investing on mycotoxin binders in order to prevent their animals from contaminated feed, which in turn improves their meat quality. Across the world, the trend in the food industry is organic products, and usage of mycotoxin binders passes the requirements too.

Growing incidences of mycotoxin occurrence in crops, increase in the consumption of animal-based products, and high expectation from the current R&D activities to increment application horizons are some of the other factors expected to augment the demand in the mycotoxin binders market in the near future. On the other hand, lower penetration rate in a number of emerging economies is curtailing the market from performing at its optimum potential.

Key Takeaways: 

· Global mycotoxin binders market is estimated to be worth US$387.4 million by 2025

· Resilient aspiration of farm organizations to increment yield and quality of meat are the key drivers of the market

· Major players are focused on research and development activities to expanding application horizons and make greater profits

Rise in Global Prebiotics Ingredient Market by 10.3% CAGR by 2025

The global prebiotics ingredient market is likely to present a stiff competition because of several players operating in the industry. According to a report by Transparency Market Research, the key companies in the industry are focusing in improving their products with the help of research and development. These strategies are likely to keep the companies ahead in the competition and will help them gain more shares in the coming years. Some of the key vendors in the market that operate with prebiotics ingredient are Cargill Incorporated, Cosucra Warcoing S.A., Jarrow Formulas Inc., Koninklijke Friesland Campina N.V., and BENEO GmbH, 

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The global prebiotics ingredient market is expected to rise at a remarkable CAGR of 10.3% during the forecast period of 2017 to 2025. The estimated worth of global prebiotics ingredient was US$3,512.8 mn by 2017 and is expected to attain revenue value of US$ 7,687.9 mn by the end of 2025. According to source segment, prebiotic ingredients market is led by root segment. It held 46.5% market share during 2017. Geographically, Asia pacific is the leading region compared to other region due to China. China is expected to lead with a CAGR of 11.1% during 2017 to 2025. 

Consumption of Nutritional Food to Increase Global Prebiotic Ingredient Market

The rise in demand for functional food ingredient in everyday food is expected to boost the market for prebiotic ingredient market. Health savvy consumers are engaging in food based with natural ingredient for a healthy lifestyle. Increase in disposable cash has led to increase in purchasing power thus increasing the demand for prebiotics ingredients. The key players in market are engaging in research and development to increase the nutritional value of food to deliver better and healthy food products to the customers. Prebiotics help in reducing obesity and has various health benefits, these factors are benefiting the market for prebiotics ingredients. According to World Health Organization, there has been decline in obesity level due to consumption of prebiotic based products. This is leading to a sizeable increase in demand for the same. The increase in demand for functional food ingredient in daily diet will bring growth opportunities and positive influence in the global prebiotic ingredients market. The awareness among consumers regarding health and health benefiting food will also increase the sales of prebiotic based products. The market is expected to witness an increasing demand due to increased awareness about consumption of prebiotics and probiotics. The prebiotics companies are also engaging in spreading awareness around the globe. 

Expensive Manufacturing Can Hamper the Growth of Market 

The lack of knowledge among customers about the basic difference between prebiotics and probiotics will be hampering the growth of the market. The global market of prebiotic ingredients will be largely affected due to this factor. The fruitful marketing of probiotics as a health enhancer as compared to prebiotics is negatively affecting the growth of prebiotic products in the market. The expensive cost involved in the research and development of prebiotic ingredient will hamper the growth of market. Manufacturing of prebiotic ingredients are also very expensive thus leading to sluggish growth in the market.

Canned Soups Market to Garner a Revenue Valuation of US$6.5 bn by 2022

The world canned soups market is foretold to gain momentum from the rising demand for convenience foods. However, health concerns could hinder the growth of the market. Nonetheless, canned soup vendors realizing the need of health-conscious consumers focus on building a portfolio of products that incorporate vital ingredients such as vitamins and minerals and more vegetable content. Thus, the effect of the deterrent could be countered significantly well in the market. Increasing disposable income and longer shelf-life of canned soups are anticipated to cement growth for the market. The market could expect to roof a healthy competition in the coming years due to new product launches within its different segments. 

According to the segmentation by product, the world canned soups market is prophesied to include ready-to-serve wet soup, condensed wet soup, and others. As per the analysis presented in the report, ready-to-serve wet soup could top market share in the coming years. This market for canned soups is forecasted to rise at a 6.1% CAGR during the forecast period. In 2017, it earned a 55.0% share in the global market. As per ingredient, the market could witness a division into tomato, beans, chicken, beef, broths, artichokes, mixed vegetables, and other ingredients. 

Regionally, the world canned soups market is prognosticated to be segregated into Europe, North America, Asia Pacific except Japan (APEJ), Latin America, and the Middle East and Africa (MEA). The report also foresees Japan as a segment of the market but with a dwindling growth. It is estimated to account for a mere 3.7% share in 2017 and could lose 15 basis points (BPS) by 2022. APEJ, however, could dominate the market while growing at a 7.1% CAGR. North America is envisioned to be another region with a promising growth rate. Europe could also gather a fetching share but lose some BPS in the process. 

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The worldwide canned soups market is projected to testify the presence of top companies such as Campbell Soup Co., Knorr Foods Co. Ltd., The Kraft Heinz Co., Compass Group USA, Inc., Juanitas Foods, General Mills, Inc., Conagra Brands, Inc., Trader Joe’s Company, Hain Celestial Group, Inc., Amys Kitchen, Inc., and Baxters Food Group Limited. 

Global Tea Market to Reach US$47.20 billion by 2020

The global tea market is characterized by high level competition on account of the inclusion of many large and small suppliers, states Transparency Market Research (TMR), a market intelligence company. The players within the global tea market are competing with each other on the basis of service, quality, reputation, price, innovation, and distribution. Leading players operating within the global tea market are Davids Tea, Kusmi Tea, Tea Forte, Tata Global Beverages, and Unilever Plc. 

According to Transparency Market Research (TMR), the global tea market will expand at a 5.7% CAGR and rise from US$12.8 bn in 2017 to US$20.0 bn by 2025. By type, the crush, tear, curl (CTC) tea is leading in the market not only in terms of value but also be volume. By geography, Asia Pacific is the leading regional market for tea, showcasing a healthy 6.8% CAGR between 2017 and 2025.

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Premium Tea Segment Expanding at Steady Pace 

Among the premium and traditional tea types, it is the traditional tea which is consumed more. The cost efficiency of traditional tea over premium tea is behind the high consumption rates. The consumption of premium tea is also increasing at a healthy pace. Premium tea such as yellow tea, oolong tea, white tea, and others are becoming popular and this segment is expected to expand at a steady pace. The high disposable income of the people across the globe is anticipated to bode well for the demand for premium tea.

Health Benefits of Tea Behind High Consumption 

The increasing variety and flavours available for tea is one of the key factors behind the accelerated growth of the tea market. The market also benefits from the widening consumer base of tea on account of the common perception that tea helps in the healthy functioning of the body and has various benefits. The antioxidants, flavonoids, and phytochemicals present in tea is expected to be another important factor bolstering the growth of the tea market. In addition to this, the fact that tea helps prevent cardiovascular diseases, combat arthritis, and also helps control blood pressure will boost the consumption of tea. 

Herbal and Organic Tea Emerging Popular 

One of the key trends within the global tea market is the growing popularity of green, herbal, and organic tea. The infusion of tea with various flavours and fragrances so as to create newer blends will continue to bolster the demand for tea worldwide. On the other hand, the change in consumer preference, volatility in wages of labour, and unavailability of labour are some of the factors helping the market to grow. The surge in the consumption of coffee in the U.S. and Brazil will act as a threat to the growth of tea market. 

Availability of Variety of Flavours to Drive Growth Prospects 

Other challenging factors include climate change, resource constraints, and changing demographic conditions. On a bright note however, the consumption of tea is expected to rise on account of the various health benefits associated with herbal and organic tea. The growing availability of a wide range of tea varieties at reasonable costs will also help the market to grow.

Rising Preference for Organic Products to Support Global Organic Soups Market

As per a new report by Transparency Market Research (TMR), the global market for organic soup is anticipated to observe remarkable growth over the next few years, thanks to the significantly increasing competition between the leading market participants. With the constant entry of new players, the competition within this market is projected to intensify further, creating new opportunities for growth of this market in the years to come. Campbell Soup Co., the Kraft Heinz Co., Wolfgang Puck Worldwide Inc., Unilever Plc, Trader Joe’s Co., Blount Fine Foods, Hain Celestial Group, Amy’s Kitchen Inc., Kettle Cuisine, and General Mills Inc. are some of the key players in this market, reviewed in this research report. 

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According to the report by TMR, the market for organic soup in Global offered an opportunity worth in US$1.89 bn in 2017. Expanding at a CAGR of 5.70% between 2017 and 2022, the market is projected to reach US$2.49 bn by the end of the forecast period. Soup pre-mixes, condensed wet soups, and ready to serve wet soups are the main products available in the global market. Among these, the demand for ready to serve wet soup is relatively higher and the trend is likely to remain so over the next few years, states the research report.

North America to Lead Global Organic soup Market

In this research report, the geographical presence of the global organic soup market has also been studied thoroughly. North America, Asia Pacific, Europe, and Rest of the World have been considered as the key geographical segments of the worldwide organic soup market in this study. Among these, North America occupied the leading position in 2017 and is expected to continue on the top over the next few years, thanks to a large number of grocery retailers investing heavily in all natural and non-GMO soups and the local distributors expanding their chains in this region, reports the market study.

Significant Rise in Food Industry to Support Market’s Growth 

“The considerable rise in the global food industry is the key factor that has been supporting the growth of the market for organic soup across the world,” states a research analyst at TMR. The increasing interest of consumers towards organic and all natural products is likely to fuel the demand for organic soups in the years to come. However, the high cost of the products may hamper the growth of this market in the near future, notes the research study. 

Global Basmati Rice Market: Large Players Vie to Expand into Regional Markets

The global basmati rice market is a choc-o-bloc with companies both large and small that features a fragmented vendor landscape, as per a report by Transparency Market Research (TMR). Leading players such as McCormick & Co., Hain Celestial, Rice ‘n Spice, REI Agro, LT Foods, East End Foods, and Amira Nature Foods serve local as well as global consumers, which is reflected in the growth of basmati rice market. Penetration into regional markets as rice is the staple food of more than half of the world’s population is likely to provide ample growth opportunities for leading players in the market. These players are penetrating regional markets through strategic partnerships, which is likely to make the market somewhat consolidated albeit more competitive, states the report. 

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The worldwide basmati rice market stood at a valuation of US$10.51 bn in 2017. Proliferating at a robust CAGR of 11.0% between 2017 and 2022, the market is anticipated to be worth US$17.74 bn by the end of 2022. By type, the demand for raw basmati surpasses than that for parboiled and steam, mainly because of superior taste and aromatic property of the former. Among the various sales channel, traditional grocery stores remain the key sales channel, with convenience stores following closely. Among the key regional markets for basmati rice, Asia Pacific excluding Japan acquires the leading position in the overall market thanks to high production of rice in the region.

Increasing Spending on Superior Grains across Consumer Groups Benefits Market 

“Among the various types of rice, basmati rice enjoys a premium position thanks to its superior taste and aromatic quality,” says a TMR analyst. Almost 90% of production and consumption of basmati rice is centered in Asia, mainly because of its origin from the Indian subcontinent. The growth of the basmati rice market in Asia is powered by high production and export of this type of rice from India and Pakistan. As per records of the Agricultural and Processed Food Products Export Development Authority, India accounted for 59% exports to the overseas basmati rice in 2014, with the remainder exported from Pakistan. 

The emergence of local varieties of basmati rice is also aiding the growth of basmati rice market. Several countries are increasingly producing domestic variety of basmati rice at relatively low prices. This is to prevent complete dependence on import which is subject to climatic and trade uncertainties as well as to promote consumption of local varieties. 

Across several parts of the world, rising disposable income has benefitted the basmati rice market. Consumers are increasingly spending liberally on premium quality grains, lentils, and spices for a fulfilling eating experience. Basmati rice is increasingly becoming the choice across consumer groups mainly because of its superior taste and aroma that is highly pleasing to the senses. 

Rising Awareness of Health Ill-effects of Prolonged Consumption of Polished Rice Crimps Growth 

On the flip side, high price of basmati rice over other rice variants is a key challenge to the market’s growth. Basmati rice remains a premium grain not affordable by the average consumer. In addition, increasing awareness about health ill-effects of consuming polished rice on an everyday basis is leading consumers to switch to unpolished rice varieties. This is challenging the growth of basmati rice market to some extent.

New Method and Ingredient Likely to Boost the Global Cake Mixes Market

The global cake mixes market is envisaged to display steady growth in the upcoming years while riding on the rising disposable incomes in several parts of the world. With increasing spending by consumers on food items that satisfy the taste buds, the demand for cakes, and consequently cake mixes is receiving an uptick. 

From the first cake mixes that were introduced in the early 1930s to find a use for the molasses surplus of a molasses canning company, cake mixes have evolved leaps and bound in terms of flavors and type. Apart from the regular type, today, cake mixes are available in several variants such as sugar free and low fat to serve special dietary needs. The introduction of organic cake mixes that are free of chemical additives is gaining popularity among health-savvy consumers for their food preferences.

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A report by Transparency Market Research (TMR) predicts the global cake mixes market to attract an opportunity of US$1,098.7 mn in 2017. Rising at a moderate 3.6% CAGR for the forecast period between 2017 and 2022, the market will likely touch a valuation of US$1,310.7 mn by the end of the forecast period in 2022.

Chocolate Flavor Segment Stands Out with Colossal Expected Revenue Contribution

The global cake mixes market could be classified into chocolate, vanilla, butter, milk, fruit, red velvet, berries, butterscotch, and others, according to flavor. Among these, the chocolate segment is anticipated to garner the lion’s share by the end of the forecast period. As per the TMR report, the chocolate segment could be valued at US$426.5 mn by the end of 2022 to represent 32.5% of the overall market. The absolute growth attained by the chocolate segment is expected to surpass that of any other segments in the category. Between 2017 and 2022, the chocolate segment could rise at a year-on-year growth of US$15.4 mn. 

With respect to distribution channel, the key segments of the cake mixes market are modern trade, departmental and traditional grocery store, convenience stores, online channels, and other retail formats. In terms of cake type, the key segments include angel food cake, layer cake, flourless or low-flour cake, cup cake, cheese cake, pound cake, tortes cake, unbaked cake, and other. 

North America Dominated with Leading Growth Rate 

On the basis of geography, the worldwide market for cake mixes is studied across North America, Europe, Asia Pacific except Japan, Middle East and Africa, Latin America, and Japan. North America cake mixes market is envisioned to be dominant amongst all to attract a revenue of US$431 mn by 2022 after progressing from US$353.7 mn in 2017. The region is poised to display a significant 4% CAGR over the forecast period of 2017 to 2022. 

Europe is predicted to be another key market for cake mixes to attract a revenue worth US$362.7 mn by 2022, expanding at a CAGR of 3.2% over the forecast period. Asia Pacific except Japan is anticipated to represent 20.5% of the overall market in 2017; going forward the region is estimated to gain 11 basis points (BPS) between 2017 and 2022. 

On the other hand, the Middle East and Africa and Japan are anticipated to display sluggish growth over the forecast period. While the former is estimated to represent 4.8% revenue share by 2017 end and lose 27 BPS between 2017 and 2022, the latter is expected to hold 3.8% revenue share in 2017 and lose 13 BPS by 2022 over 2017. 

Leading players in the global cake mixes market include General Mills Inc., Associated British Foods Plc., Archer-Daniels-Midland Company, Pinnacle Foods Inc., Cargill Inc., Ingredion Incorporated, Hain Celestial Gropu Inc., Kerry Gropu Plc., Continental Mills Inc., and Chelsea Milling Company.

Ginger Market to Grow at 6.50% CAGR with Increasing Global Popularity Regarding its Medicinal Benefits

The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. The dominant players in the global ginger market are Yummy Food Industrial Group, Sun Impex International Foods L.L.C., Archer-Daniels-Midland Co., Indian Organic Farmers Producer Co. Ltd., Monterey Bay Spice Co. Inc., Buderim Group Ltd., SA Rawther Spices Pvt. Ltd, Atmiya International, Food Market Management Inc., and Sino-Nature International Co. Ltd. 

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According to the report, the global ginger market is expected to reach a valuation of US$4.18 bn by the end of 2022; the market is expected to expand at a 6.5% CAGR during the forecast period of 2017 to 2022. Asia Pacific to remain the Leader in Global Ginger Market

The report segments the global ginger market t based on the form of ginger into fresh, pickled, dried, preserved, powdered, and crystallized. Among all these forms, fresh ginger is the most preferred market form. The segment presently accounts for the dominant share in terms of valuation in the overall market and is expected to exhibit a CAGR of 7.30% over the report’s forecast period. Global ginger market is further segmented on the basis of application, distribution channel and region. 

Geographically, Asia Pacific excluding Japan (APEJ) is the leading regional market. It is expected to expand at a CAGR of 7.10% over the forecast period. In the Asian market India and China are drawing enormous amount of medical tourism for which ginger is a key medical spice. Thus, the rise in medical tourism activities has provided a significant push for the APEJ market and is likely to remain a key growth factor for the regional market over the forecast period as well. Other regions are also making effective measures to increase the production of spices, especially ginger, with the increasing medical awareness regarding organic substances. 

Multi-remedial Nature of Ginger allows its Increased Adoption 

The global ginger market has gained immense popularity in the recent years as the spice helps in curing multiple diseases like cancer, nausea, cardiovascular diseases and diabetes. Apart from being a remedy form regular infections like cold and cough, it also helps in improving indigestion, arthritis, rheumatism, hypertension, constipation, ulcers, and atherosclerosis. Therefore the global ginger market is projected to enjoy the advantage of a number of positive factors to increase demand in the foreseeable future. In the coming years, the ginger market is expected see a steady expansion in its application base from medicine to alcohol and beverages, which will boost the overall consumption of ginger globally. 

Cheese Powder Market - Range of Applications of Cheese Powder Boosts Revenues

As cheese adds nutrition, taste, and a longer shelf life to food products, its demand in a wide array of food and beverages is rising substantially. Consequently, the global cheese powder market is also witnessing a tremendous increase in its valuation and expansion in its market size. Cheese powder is mainly utilized to add flavors to instant food items, baked food, and seasonings. With the changing lifestyles, where consumers do not have enough time to cook a complete and nutritious meal, they tend to cover up with ready-to-eat meal with nutritious value, which requires cheese powder. 

As per Transparency Market Research (TMR), the worldwide market for cheese powder is anticipated offer an opportunity worth US$355.9 mn by 2017. Further, the market is projected to strengthen at an impressive CAGR of 13.70% over the period from 2017 to 2022 and reach a value of US$677 mn by the end of 2022. 

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Demand for Cheddar Cheese to Continue to be Strong

The global market for cheese powder is broadly assessed on the basis of the type of the product, end user, and the application. Based on the type of product, the market is segmented into Swiss cheese powder, cheddar cheese powder, mozzarella cheese powder, parmesan cheese powder, and blue cheese powder. The demand for cheddar cheese powder is comparatively greater than other types of cheese powder, making it the leading product segment of the global cheese powder market. Cheddar cheese powder is likely to remain witnessing a strong demand over the next few years, thanks to the increasing preference for convenience food items across the world 

By the application, the worldwide market for cheese powder is categorized into sweet and savory snacks, bakery and confectionery, ready meals, sauces, dips, dressings, and condiments. Sauces dips, dressings, and condiments are reporting the most prominent demand for cheese powder, worldwide, and is closely followed by sweet and savory snacks. Various industries, such as food and beverages, and individual consumers have surfaced as the key end user of cheese powder, globally.

North America to Remain Top Consumer of Cheese Powder in Near Future

In terms of the geography, the worldwide market for cheese powder is spread across Europe, Asia Pacific excluding Japan (APEJ), North America, Latin America, the Middle East and Africa (MEA), and Japan. Proliferating at a CAGR of 12.70% between 2017 and 2022, North America, the current market leader, is anticipated to continue on the top over the next few years. The increasing preference for convenience food items among consumers is the key factor behind the substantial rise on this regional market. With the augmenting consumer pool of ready-to-eat meals, Europe is also registering a steady rise in its cheese powder market 

Among other regional markets, Asia Pacific excluding Japan is expected to demonstrate the most promising opportunities for growth in the near future, owing the high population density in this region. The rise in disposable income of consumer, enabling them to afford expensive food products, is also projected to propel the APEJ market for cheese powder in the years to come.

Kraft Heinz Co., Kerry Group Plc, Thornico A/S, Dairy Farmers of America Inc., Land O’Lakes Inc., Bluegrass Dairy & Food Inc., All American Foods Inc., Aarkay Food Products Ltd., Kanegrade Ltd., and Archer-Daniels-Midland Co. are some of the leading cheese powder vendors across the world.