Pages

Friday 29 May 2020

Non-dairy Creamer Fats Market To Make Great Impact In Near Future by 2026

Non-Dairy Creamer Fats Market: Outlook
Non-dairy creamer fats are the primary ingredients in the non-dairy creamers derived from hydrogenated vegetable oils. Manufacturers in the non-dairy creamer fats industry are using premium-grade fat replacers made using hydrogenated vegetable oils for non-dairy creamer applications. The availability of a wide range of fats with varying melting points provides an array of fat replacers as per the desired application. Hydrogenated vegetable oil is majorly utilized in the food processing industry, followed by the cosmetic & personal care industry and the pharmaceutical industry. In the food industry, hydrogenated vegetable oils are used widely for baking, pan-frying and deep-frying in processed foods, dairy and chocolate products. In the dairy sector, non-dairy creamer fats are used as substitute fats in coffee whiteners and skim milk powders.
Globally, the market for non-dairy creamer fats is likely to be driven by the growing vegan population and the rising prevalence of lactose intolerance & milk allergies worldwide. Today, almost 70% of the world population is lactose intolerant and thus, the demand for plant-based fat ingredients is expected to increase during the forecasted period. 
Non-Dairy Creamer Fats Gaining Traction alongside Demand for Natural Food Products
Non-dairy creamer fats serve as the major ingredient in non-dairy creamers and the degree of hydrogenation alters some of the physical properties of these creamers, which define the overall taste & nutrient profile. The market for non-dairy creamers witnesses high demand from the HoReCa sector (Hotels, Restaurants, and Cafés) and residential end-use. The rising demand for non-dairy creamers has surged the demand for non-dairy creamer fats among manufacturers globally. Hydrogenated vegetable oils/fats or over here, non-dairy creamer fats are derived from varied plant-based sources and provide an edge over animal-based sources of fats for the vegan and lactose intolerant population worldwide.
Global Non-Dairy Creamer Fats Market: Market Participants
Some of the market participants in the global non-dairy creamer fats market identified across the value chain include Cargill Incorporated, Centra Foods, Parchem fine & specialty chemicals, Wilmar International Ltd., Archer Daniels Midland Company, Henry Lamotte Oils GmbH, Evonik Dr. Straetmans GmbH, Andritz Group and Interra International, among others.
Robust research & development activities and participation in events are among the core strategies of manufacturers and are expected to influence the demand for non-dairy creamer fats from end-use industries.
Non-Dairy Creamer Fats Market: Market Player Activities
  • Interra International, a U.S.-based manufacturer, continuously focuses on participating in global-level events and exhibitions such as SIAL Paris, Gulfood, Anuga and many others, in order to expand its presence by strengthening its social network during the course of the event and displaying the product range to create awareness about its products. The company, at these events, exhibits its non-dairy creamer fats, i.e. the hydrogenated vegetable oils with various degrees of hydrogenation for varied applications
Opportunities for Market Participants
The non-dairy creamer fats market is anticipated to be positively influenced by the manufacturers who are continuously expanding their global reach and footprint and targeting potential markets with end-user industries. Manufacturers in the non-dairy creamer fats market have an opportunity to form tie-ups and thereby enhance their business-to-business activities within the food processing industry where the potential customers are present.
Non-Dairy Creamer Fats Market: Brief Approach to Research
The analysis will be done on the modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the origin, source and distribution channel of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html

Posted by at No comments:

Non-GMO Papaya Seed Market - The Biggest Trends to Watch out for 2016-2024

Non-GMO Seed refers to a seed which consists of Non-GMO (Non Genetically Modified) components in the range of 99.1% to 100% whereas rest can be GMO components, ingredients or qualities. Non-GMO Seeds helps in maintaining the underlying basis for organic agriculture and interaction of the ecological effects of the inputs into our food supply. Non-GMO Seeds are preferred over GMO seeds because of the negative impact of GMO seeds on ecology and human body. One of the biggest problem with genetically modified seed is the genetic engineering in which a gene is inserted into the DNA of food plant is random and scientists have no idea where the gene goes. This engineering can disrupt the functioning of other genes and can create novel proteins which are not there in our food supply and can create toxins and allergies in human body. Non-GMO seed is commonly misguided as organic seed, organic seed is 95%-100% organic (might contain up to 5% non-organic components which are not supposed to be GMO) whereas, non-GMO seed can still contain a certain amount of GMO. Non-GMO Seed in US is certified by “Non-GMO project” whereas organic and GMO seeds are certified and regulated by federal authorities.  Despite of all the positive and negative things, Non-GMO seed market have witnessed an exponential growth in US market which is expected to continue because of high demand among the farmers and backyard farmers.
Non-GMO Seed: Market Dynamics
Non-GMO Papaya Seed market is mainly driven by the changing consumer preferences towards healthy and non-genetically modifies food.  Adverse effects has reduced the demand for GMO food. Non-GMO papaya seed doesn’t create much adverse effects on soil and human health whereas GMO seeds have both the problems. However Non-GMO market is still small as compared to GMO papaya seed market but it is growing stronger than organic seed market. Non-GMO Seeds are cheaper than GMO seeds which makes it easy for farmers to plant the crop as the cost decreases drastically, however, the yield of Non-GMO crop is lower than GMO which reduces the production and net income. However, Non-GMO hybrid papaya seed delivers better yields than GMO hybrid papaya seeds. Genetically modified seeds are used widely in all the regions especially in US where more than 50% of seeds used are genetically modified and it contributes to around 30% of Global GMO Seed market. Non-GMO papaya seed market will face a surge in demand as major food producing companies started focusing on Non-GMO foods. General Mills, Post Foods, Del Monte Foods and Hershey’s already started their range of Non-GMO products which is likely to spread to all major food producers. Nestle and Dannon have announced their switch to Non-GMO ingredients in their products. As per the experts, there is no scarcity of Non-GMO papaya seeds and farmers who are willing to grow crops with Non-GMO papaya seeds but in a long run the supply-demand chain will disrupt because of the low yields in Non-GMO papaya seeds which will create an opportunity for Non-GMO papaya seed suppliers and farmers.  Hence, Non-GMO papaya seed market is expected to grow during the forecast period due to its versatile benefits and it is expected to overtake the GMO papaya seed market in next few years.
However, Non-GMO papaya seed comes along with a number of restraints. Crop produced by Non-GMO papaya seed still can persist use of synthetic pesticides, herbicides, residue of hexane, sewage sludge, growth promoting antibiotics and ractopamine drug residue which are harmful for nature and humans. The commercial scale production of Non-GMO papaya seeds needs to be reviewed carefully because a change in the quality of seed can change the quality of crop and finished food product. Changes in water sources and quality of water and growth methods are the most important factors to be taken care of in crop production.
Non-GMO papaya seed market have an opportunity to replace GMO papaya seed because of changing food preferences and health hazards. Non-GMO papaya seed can give tough competition to organic seed market which are costly and requires special care because a slight problem can destroy the whole crop or a part of it.
Non-GMO Papaya Seed: Regional Outlook
Regional coverage for Non-GMO Papaya Seed market includes North America, Latin America, Europe, APEJ, Japan and Middle East and Africa. Non-GMO Papaya Seed market witnesses a high demand in North America and Europe because of the high investments in the region. Changing consumer perceptions in these regions will boost the growth of the market. However, the Non-GMO Papaya Seed market is expected to grow significantly in APAC region as consumers have widely adopting this seed for plantation.
Non-GMO Papaya Seed: Market Players             
The market players in Non-GMO Papaya Seed market are Seed Savers Exchange, Fedco Seeds Inc., Southern Exposure Seed Exchange, Baker Creek Heirloom Seed Co. and many more.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

Jelly Powder Market: Innovations and Advancements to Encourage Growth

Jelly powder is widely used for making delicious jellies at home. Jellies are made by mixing the jelly powder in boiling water and let it set up. Jelly powder is available in the market in abundance as the powder which can be turned into jellies just mixing in boiling water and let it cool down. Jelly powder market is quiet big and a number of brands are in strong competition for leading the jelly powder market sector. Jellies are majorly manufactured in the Asia-Pacific regions like China, India, and Singapore. Jellies are mostly consumed by small children worldwide, but majorly in Asia-Pacific regions. Jelly is good for health as it is loaded with amino acids, low calorie, and vitamin B.
Jelly powder Market Segmentation
The jelly powder market is segmented on the basis of flavors as strawberry, cola, mango, blackcurrant, orange, cherry, peach, mint and others. A number of jelly flavors are available but strawberry, mango, cola, and orange are most popular flavors of jelly powder which are highly consumed globally.
Jelly powder market is segmented on the basis of the type of ingredient as agar-agar, carrageenan, and gelatin. Different ingredients provide benefits for targeting different end users such as agar being derived from algae is preferred by vegans. Hence different jelly powder ingredients provides greater opportunity to target for the big chunk of consumers.
Jelly powder market is segmented on the basis of distribution channel by supermarket, retail outlet, online stores, and convenient stores. Supermarket and online stores are the major contributors in the jelly powder market due to the better management system and convenience. Hence, the global jelly powder market is expected to significantly increase the revenue contribution over the forecast period.
Jelly powder market: Regional Outlook
Jelly powder market is divided into five key region which includes Asia-Pacific, North America, Latin America, Europe, and Middle-East and Africa. Asia-Pacific is the major producer of jelly powder in the global market. Countries like India, china, Singapore and Phillipines followed by USA in North America, Latin America, Europe and Middle-East and Africa.
Jelly Powder Market: Drivers and Trends
The jelly powder is one of the most loved desserts by the consumers in the market, and to keep the interest of the jelly consumer’s intact, manufacturers are brainstorming at their best to produce reliable, more attractive and improved quality products. This market is driven by the interest of consumers in eating jellies as their favorite dessert which is done by the manufacturer by various products like different shaped jellies in the form of candies and jelly powder reduces the effort of making jellies at home and jellies according to consumers choice are some of the factors which is driving the global jelly powder market. Latest trends in the jelly powder market are different shapes of candies which are mostly consumed by children and has attracted lots of consumer towards the jelly market. Nowadays jellies are consumer’s favorite choice after the launch of products like Alpenliebe Just jelly having shapes like bear and round, and flavors like strawberry, orange and guava is giving tough competition to jelly powder market and is a restraint for jelly powder market.
Jelly powder Market Key Players:
Global key market players manufacturing different Jelly powder in the market for different applications include Tropolite, Karagen Indonesia (KaraIndo), Ferna Corporation, FlavourTech and others. These are the biggest key players and competitors in the jelly powder market and are busy in strategizing the path towards making their product stand out in the market to boost their revenues by the end of 2027 and to keep their brand at its best in the market.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

Factors Driving Global Dehydrate Potato Product Market through 2025 and Beyond

Potatoes are a great source of carbohydrates, vitamins, and potassium. Dehydrated potato products are easy to chew and digest, have a neutral flavor until salted or taken along with sauce and dips.  It is one of the most economic vegetables from the market point of view and contains the high amount of calories, Vitamin C, Vitamin B6, manganese, Phosphorus, Niacin and pantothenic acid. Dehydrate potato product market is a rapidly growing market and daily new products are getting launched in the market.
Dehydrate Potato Product Market Segmentation
Dehydrate potato product market is segmented by form as dehydrated potato dices, dehydrated potato flakes, dehydrated potato shreds, dehydrate funeral potato, dehydrated potato gems, and gratin. Dehydrated potatoes have long shelf life and are available in the global market. People love to eat ready-to-eat dehydrate potato products as snacks. Dehydrate potato products have a very good taste and take less to time to cook.
Dehydrate potato product market is segmented by type of dehydrate potato as Fries, low-fat fries, low-salt fries, red skin potato, baked dehydrate potatoes. Dehydrate potato fries are the most preferred type of dehydrate potato product and most consumed type of dehydrate potato product followed by baked potato, red skin potato, and other types. Dehydrate potato product market is growing at a good pace and is likely to hit good number in the future.
Dehydrate potato product market is segmented by flavor as sweet potato and conventional potato. Both varieties of potato are eaten with joy all over the world and have their respective benefits.
Dehydrate potato product market can be segmented by type of raw material as natural and organic. Due to increasing health concerns consumers are inkling more towards organic products. Dehydrate potato product market is segmented by distribution channel as supermarket/hypermarket, specialty stores, online sales, retails stores, and departmental stores.
Dehydrate potato product Market: Regional Outlook
Dehydrate potato product market is segmented into five key regions as North America, Latin America, Europe, APAC, and the Middle East and Africa. Among these regions, China is the biggest producer of potatoes followed by Russia and India. APAC region is the major consumer of Dehydrate potato products followed by Europe, North America, Africa and Latin America.  Asian countries are the biggest market for dehydrate potato products as India, China and other Asian countries consume potato product in abundance. 
Dehydrate potato product Market: Drivers and Trends
Dehydrate potato product Market is driven by the knowledge of the manufacturers that demand for the dehydrate potato products is extremely high, continuous efforts are being made by the manufacturers to attract more and more consumers and to beat the competitors by inventing new, more tasty and delicious products. The urge to be better and bigger is boosting this market and dehydrate products are going to lead the market in coming years. 
The trend of making different shapes and designs of the dehydrated potato product, combining the products with other eatables and addition is essential nutrients by the manufacturers has attracted lots of consumers and is the main reason behind increasing the revenue of dehydrated potato product market. Mccain has pioneered the field of making dehydrated potato products having different shapes and designs like smiley, fries, tikka and others.
Dehydrate potato product: Key Players
Major players in the dehydrate potato product market are Mccain foods, Aviko, Augason farms, Agrana group, Birkamidon, Pacific valley foods and Agrar frost.  These valuable brands are expected to make strong strategies and schemes to strengthen their market grip and to increase their revenues to next level by the end of 2027.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

DAIRY BLENDS MARKET TO GROW AT 5.80% CAGR BETWEEN 2017 AND 2022

A recent report by Transparency Market Research (TMR), a leading market intelligence firm, states that the global dairy blends market will register a tremendous growth in the coming years. The market demonstrates a highly competitive business landscape, with a number of players, making use of different strategies to remain in the competition. The business landscape in this market is fragmented due to the presence of a large number of players, locally and internationally. However, the degree of competition does not fluctuate as the demand for dairy blends remain high across the world. New players continue to foray into this market, making it more fragmented. 
Cargill Inc., Dohler GmbH, Agri-Mark Inc., Agropur Cooperative, Koninklije Viv Buisman B.V., Fonterra Cooperative Group Ltd., Advanced Food Products LLC, Kerry Group plc., Hormel Foods Corp., and All American Foods Inc. are some of the key vendors of dairy blends in the global market. Hitherto, the leading players in this market have been focusing on improving the quality of their dairy blends to keep themselves a step ahead of their competitors. The high production volume of leading vendors have been a huge issue for smaller ones. However, the increasing partnerships and strategic alliances among smaller players is likely to save them from being ousted from this market. Key dairy blend vendors are also expected to be engaged in several mergers and acquisitions in the near future, reports the research study. 
According to the report published by Transparency Market Research (TMR), the global dairy blends market is anticipated to rise at a healthy CAGR of 5.80% over the period from 2017 to 2022. Among dairy blend products available in this market, the demand for dairy mixtures is expected to be rising over the next few years due to their high usage in the food and beverage industry. 
Based on geography, the global dairy blends market is spread across North America, Europe, Asia Pacific except Japan, the Middle East and Africa, and Japan. North America has established itself as the leading regional dairy blends market across the world. The high demand for dairy blends in the U.S., thanks to excessive consumption of processed spreads, salads, dressings for sandwiches, and meat, is the key factor behind the supremacy of North America over the global dairy blends market. 
Going forwards, North America is likely to remain on the top over the next few years. Europe is also projected to establish itself as a key regional dairy blends market in the near future, states the research report. 
Increasing Awareness about Health Benefits of Dairy Blends to Support Daily Blends Market Growth 
“Thanks to their low calorie and low fat content, dairy blends have become extremely popular among the younger generation, who give health and fitness a priority in their life,” says an analyst at TMR. 
Over the coming years, the increasing awareness about various health benefits of dairy blends is likely to escalate the growth rate of this market. The significant rise in the packaged food industry is also projected to reflect positively on the growth of this market in the near future, notes the research study. 
High Demand for Conventional Dairy Products from Food Producers to Hamper Daily Blends Market 
Hitherto, the global dairy blends market has been witnessing an upward growth trend. However, the high number of food producers still using traditional dairy products for their freshness and health benefits, may hamper the growth of this market in the near future. 
Nonetheless, the global dairy blends market is anticipated to remain rising at a high rate as a number of food administrations across are providing these blends a seal of credibility. The constant expansion in the food and beverages industry is also projected to keep the demand for dairy blends high in the years to come, states the research report. 
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

ESSENTIAL OIL MARKET: FLOURISHING PERSONAL CARE INDUSTRY TO AUGMENT GROWTH

The competitive landscape of the global essential oil market is highly fragmented landscape, says Transparency Market Research (TMR). This is mainly due to the presence of several key players across the globe. Key players in the market are focusing on novel techniques to improve properties and expand applications of essential oil.  Apart from this, players are ramping up their investment in research and development to produce advanced blends for aromatherapy and preservation.
DoTERRA International LLC, The Lebermuth Co. Inc., Young Living Essential Oil, and Enio Bonchev Production Ltd are some of the prominent players operating in the global essential oil market.
According to a research report by TMR, the global essential oil market was valued at US.36 bn in 2017. The market is projected to rise at an impressive 9.60% CAGR in the forecast period from 2018 to 2022.  Rising at this CAGR, the market is projected to touch a valuation of US.49bn by the end of the forecast period.
On the basis of geography, Europe is expected to lead the global essential oil market with the presence of several key players in the region. The market in Europe is subjected to rise at  8.8% CAGR during the forecast period. On the basis of application, personal care and cosmetic is expected to hold maximum share in the essential oil market in the coming years. This is mainly because of the soaring demand for essential oil in manufacturing several cosmetic products.
Rising Awareness of Essential Oil Benefits to Drive the Market
The global essential oil market is expected to rise at a significant pace. This is mainly due to the factors such as rising awareness among consumers, increase in disposable income and growing application of essential oil in several industries. Apart from this, blooming end use industries such as food and beverage, personal care and cosmetic industry, and aromatherapy is another factor expected to offer a substantial boost to the global essential oil market. Aromatherapy is gaining prominence, especially among urban population, due to changing lifestyles and rising media influence. This has translated into an upswing in the demand for the product.
Despite several drivers, the global essential oil market is projected to witness a few challenges.  High prices of essential oil is the prominent factor hampering the wide scale adoption of essential oil market. Furthermore, lack of awareness among consumers about key benefits of certain essential oils is another prominent factor hampering growth of the essential oils market. Nevertheless, spur in research and development of innovative extraction techniques is expected to bolster growth of the essential oil market in developing regions.
Strong Distribution Channels to Offer Lucrative Opportunities
Increasing adoption of essential oil by people has resulted in emergence and acceptance of a wide range of retail channels across the globe.  Apart from accessory shops, home centers, convenience stores, and discount stores, players are launching their online stores to improve their geographical reach. Further, essential oils are believed to possess properties like skin tightening and acne treatment. They contribute to improving quality of hair, nails, and skin, this appeal a large women and female teenage consumers. Swelling working women population base are projected to propel the essential oil market during the forecast period.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

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.
The worldwide basmati rice market stood at a valuation of US.51 bn in 2017. Proliferating at a robust CAGR of 11.0% between 2017 and 2022, the market is anticipated to be worth US.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.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

CHEESE POWDER MARKET TO RISE AT 13.7% CAGR FROM 2017 TO 2022

In order to boost revenue growth, savvy players in the global cheese powder market are seen trying to expand their geographical footprints. To do so, they are forming partnerships and collaborations with local companies and distributors. Overall, the market is characterized by stiff competition because of the presence of several manufacturers. This in turn is because of the low entry barriers in the market.
Thornico, Land O’Lakes, Bluegrass Dairy & Food, Dairy Farmers of America, Kraft Heinz, Archer-Daniels-Midland, Aarkay Food Products, Kerry, All American Foods, and Kanegrade are some of the players that have managed to gain a prominent position in the overcrowded market for cheese powder.
A report by Transparency Market Research on the global market for cheese powder projects it to grow at an impressive 13.7% CAGR between 2017 and 2022. Expanding at this pace, the market is expected to clock a value of US7 mn by 2022 from US5.9 mn in 2017.
Among the different types of products available in the global market for cheese powder, the cheddar cheese powder is witnessing comparatively greater demand. Going forward too, the product segment is predicted to see higher sales on the back of widespread demand for convenience food. Geographically, North America is a leading region that is generating substantial revenues in the global market for cheese powder. This is because of the busy lifestyles and increasing spending capacity of people in the region which is egging them to adopt convenience foods such a ready-to-eat food, junk food, and ready-to-cook food. The North America market is expected to rise at a 12.70% CAGR between 2017 and 2022.
Being a Staple Food Item, Cheese Powder Market Would Remain on Continued Growth Path
The global market for cheese powder is predicted to see good growth owing to cheese being a staple food item in most western countries. Explains the lead analyst of the TMR report, “A range of seasonings prepared from it are used in the form of powder to add flavors to recipes. And with the increasing preference for a variety of dishes worldwide, the demand for cheese powder is expected to soar.”
Another factor positively influencing the global market for cheese powder is the greater shelf life of the product. This is a result of the method of preparation, which entails dehydrating real cheese. This also makes them highly flavorful and imparts to them a smooth texture. All such characteristics makes cheese powder ideal for dips and sauces or for seasoning veggies and popcorns.
Range of Applications of Cheese Powder Boosts Revenues
A range of applications of cheese powder is also helping in revenue growth. For example, cheese powder finds usage in bakery and confectionary products, sweet and savory snacks, sauces, ready meals, dips, ready meals, and condiments. Among them, sauces, dips, dressings, and condiments are seeing solid demand at present. The major driver of the global market for cheese powder is the burgeoning food and beverage industry.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

Kosher Gelatin Market: New Innovations, Application, Trend Updates & Forecast

Gelatin is a colorless, tasteless substance obtained from collagen present inside the skin or bone of the animal. Gelatin is mainly used for consistency, to stabilize the foams and gels and to impart smooth taste to food. Other than these properties gelatin is also used in different pharmaceutical compositions of vitamins and capsules, vaccine stabilizers, cosmeceuticals, nutraceuticals, bone and joint health products etc. Kosher gelatin is obtained from kosher animal sources, kosher slaughtered, processed bovine sources and from fish. Some foods that uses gelatin include candy, yogurts, marshmallows, gelatin deserts etc.           
Kosher Gelatin: Market Trends and Drivers
Kosher gelatin market is primarily driven by awareness in the population regarding use of organic products, expanding use in nutraceuticals, increase in the production of gelatin coated drugs, high consumption of functional foods. As there is a continuous and high production of gelatin for food and beverages, cosmeceuticals and other products the kosher gelatin market is expected to rise in the future.
On the basis of sources, kosher gelatin market is segmented as mentioned above, the most common source is pig skin followed by bovine sauces and cattle bones. Fish gelatin and other sources are used less as compared to the above sources. Pig skin, contains high level of collagen which makes it a major raw material used for the gelatin production. Bovine sauces, contains high level of peptides and fibrous material which makes it a good source of collagen. Cattle bone release high amount of collagen which then can be used for the production of gelatin, also it is seemed that there is fast growth for the cattle bones due to its high efficiency in improving digestion and connective tissue. Fish gelatin is on the rise as beef and pork gelatins does not meet the kosher standards. Other sources like horse hair, sheep coverings are also used in the kosher gelatin production.
Kosher gelatin market is segmented on the basis of function as, stabilizer, thickener/gelling agent, other functional property. Gelatin have a specific property of stabilizing the food product and give food a good consistency to the products like ice-cream, beers, wine, mousses etc. It also acts as a thickener or a gelling agent for many food products. Other than these, gelatin also have functions like elasticity, water-holding capacity, emulsifying ability and adhesive property.
Kosher Gelatin: Market by Geography
Kosher gelatin market is further segmented on the basis of regions as North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Geographical market for the kosher gelatin is in demand due to the awareness among population, availability of raw materials, no social or regional restrictions. Europe is the largest market for the kosher gelatin according to the revenue due to rise in the demand for organic personal care products, food and beverage industry, pharmaceutical manufacturing bases in the Germany, U.K. and Belgium. North America also seemed to have good growth due to high rise of meat manufacturers. Asia-Pacific is also a promising market for the kosher gelatin production due to increase in the industrial sector, growing number of slaughter houses, rising awareness about health etc. Thailand, Malaysia, Turkey, Brazil, Saudi Arabia are gaining demand in the gelatin production market.
Kosher Gelatin: Key Players
The kosher gelatin market is dominated by players like Gelita AG, Weishardt International Group, Rousselot International, Capsugel Inc., Norland Products, Catalent Pharma Solutions, Roxlor LLC, Sterling Gelatin, etc.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

Fermented Non-Dairy Beverages Market – Overview of Vital Industry Drivers

Fermented Non-Dairy Beverages: Market Overview
Fermentation is a metabolic process that converts carbohydrates into acid, gases or alcohols. In recent years demand for non-dairy based probiotic products over milk based beverages as non-dairy fermented products contain minimal or no cholesterol. Fermented non-dairy beverages include carbonated drinks, alcohol, kombucha, rejuvelac, juice from cultured vegetables, kvass, sweet potato fly, water kefir, ginger beer etc. According to recent developments, fermented non-dairy beverages will continue to be a significant component in functional food market.
Fermented Non-Dairy Beverages: Market Trends and Drivers
Fermented non-dairy beverage market is primarily driven by high added value and functional properties of these beverages. Increase in the number of health conscious consumers and rising demand for natural or organic food is one of the key driver for the fermented non-dairy beverages like fruit/ vegetable juice. Also non-dairy beverages like some fruit juices have good flavor as well as refreshing nature which helps these drinks to expand in the market. Rising economic prosperity and greater inclination towards social drinking is also key factor for driving fermented non-dairy beverages like alcohols. Consumers nowadays are preferring some of the fermented organic herbal tea over traditional tea which is one of the key responsible driver for the rise in market for fermented non-dairy beverages. Technological advances in characteristics of fruits and vegetables are making them ideal substrates for the culture of probiotics. Rising levels of lactose intolerance worldwide is also one of the key driver for increasing market for fermented non-dairy beverages.
Fermented Non-Dairy Beverages: Market Segmentation
On the basis of raw materials or source and end product market is segmented as fruits, vegetables, cereals, tea etc. Grains mainly includes wheat, rice, millet and others. Similarly, vegetables include beets, carrots and cultures contain scoby, mushrooms and other cultures.
Grains are the mainly used source for the preparation of fermented non-dairy beverages such as alcohols and other beverages like rejuvelac, mageu, boza etc. Fruits and vegetables are in high rise in fermented non-dairy beverages domain with different juices as well as probiotic drinks.
On the basis of end product fermented non-dairy beverages are segmented as alcoholic beverages, fruit/ vegetable juices, herbal tea, carbonated drinks etc. Further alcoholic beverages are sub-segmented in to wine, whisky, rum and others. Similarly, fruits and vegetable juices are sub-segmented into mead, kefir, kvass, lacto-fermented orange juice etc.
On the basis of distribution channel fermented non-dairy beverages are segmented as supermarkets/hypermarket, discounters retailers and online. In recent years fermented non-dairy beverages are getting importance in supermarkets and discounters where in the small retailer are facing declines in their distribution.
Fermented Non-Dairy Beverages: Market by Geography
Fermented non-dairy beverage market is further segmented on the basis of regions as North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. For fermented beverages made from cereals are popular in the tropical regions and in Africa. Bulgaria and Turkey also contribute in the cereal fermented non-dairy beverages. Russia is popular for its kevass fermented rye bread beverage. Also Japan, Mexico and China etc. have fermented non-dairy beverage product which is consumed worldwide. Fermented Non-dairy beverages are highly prevalent in Europe due to high obesity and digestive disorders.
Fermented Non-Dairy Beverages: Key Players
The fermented non-dairy beverage market is dominated by some players like General Mills, Inc., PepsiCo, Inc., China-Biotics Inc., Yakult Honsha Co. Ltd., Mother Dairy Fruit & Vegetable Pvt Ltd, Nestlé S.A., PROBI AB, E.I. du Pont de Nemours and company, Chr. Hansen A/S, Lifeway foods, Groupe Danone S.A., AGM Foods Pty Ltd., Skane Dairy, Tine SA, and Biosa™ Inc. have their marketed fermented non-dairy products.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

Corn Gluten Meal Market: Lucrative Opportunities Helps to Grow Industry Rapidly

Global Corn Gluten Meal Market: Snapshot
Corn gluten meal (CGM) is one of the useful byproducts obtained from the corn milling industry which has a variety of applications in the industries such as the food and beverages and agriculture. Owing to its high-protein content, corn gluten meal has been traditionally used as supplement in the hog feed industry and typically doesn’t contain gluten. Recently, it has been popularly used as a cost-effective aquaculture feed, in making corn-based snack products, and in various common food and feed products. In recent years, there have been widespread interest in the usage of corn-gluten meal as a pre-emergent herbicide due to its weed-inhibiting properties. There is soaring popularity among agriculturists world over, especially in developed nations, for exploring the application of CGM as an organic alternative to common chemically-derived herbicides.                                                           
The scope has been highly debated in recent years and several studies and field trials in the U.S. majorly investigate the effectiveness of corn gluten meal as natural pre-emergent herbicide in controlling a variety of weeds and their superiority over chemical-based pesticides. Typically containing 10% nitrogen by weight, corn gluten meal released into the atmosphere over a period of three to four months. It prevents seeds from forming roots during germinating, and when already germinated, CGM can only act as a fertilizer for the weeds. In addition, unarguably, corn gluten meal is not helpful in providing post-emergent weed control. The timing of the application is also critical. Moreover, the failure to apply an adequate weed removal method prior to its application may actually act as counter-effective by boosting the growth of the weed.
Corn Gluten Meal: Market Overview
Corn gluten meal is a byproduct of corn milling process and is a natural substitute for synthetic herbicides as it also prevents grass and weed seeds from sprouting without hurting existing plant. It has high value in pet food industry due to its natural high-protein content, it is used in aquaculture feed too as it is cost-effective than the fish meal. Corn gluten meal is a high source of carbohydrates, iron, and phosphorus. One of the major use of corn gluten meal is to add texture and taste to the product. Corn gluten meal is produced in different forms like dry-loose, dry-pellets and wet. Corn gluten meal contains 10% nitrogen by weight, which makes it a good fertilizer for plants with well-established roots. Corn gluten meal offers non-toxic weed and feed product which is more effective than traditional or chemical based weed and feed product.
Corn Gluten Meal: Market Trends and Drivers
The corn gluten meal market is primarily driven by the rise in demand for corn based snack products as well as gluten free products. Where current trend leads to continuous product innovation and development in terms of ingredients and product variants which is essential for the sustainability in the industry. Growing demand for the corn flour by snacks manufacturers worldwide is also responsible for driving the market growth. Due to long-term ecological effects of synthetic chemicals consumers are shifting towards the natural weed and feed control products which includes corn gluten meal. Also, in Ontario pesticides are banned due to unnecessary risk to human health which increased the demand for the corn gluten meal. One of the key driver for the increase in demand for the corn gluten meal is use of ethanol as a fuel is increasing worldwide which is obtained from corn gluten meal.
Corn Gluten Meal: Market Segmentation
Corn gluten meal can be segmented on the basis of its forms as, unprocessed corn gluten meal, granulated corn gluten meal and pelletized corn gluten meal. Unprocessed corn gluten meal have powder structure and is applied directly on the plantings, granulated form is a spreader which is mixed with water for use and pelletized can be broadcast by hand.
Corn gluten meal is segmented on the basis of application as herbicides in lawns for feed and weed purposes. Corn gluten meal is used as animal/ pet feed and as taste enhancer. Also, it can be used as animal or pet food as it is source of proteins, energy and pigments. Corn gluten meal is typically used for poultry feed, cattle feed, pig feed and aqua feeds.
Corn gluten meal is segmented on the basis of process as wet-milling process and dry-milling process. Wet-milling process is done to remove high value corn-oil and the remains are used as an animal feed. It has high processing cost but can produce variety of products. Dry-milling is less versatile and used in the ethanol production process, the end product for this process is ethanol and low-value animal feed.
Corn Gluten Meal: Market by Geography
Corn gluten meal market can be segmented on the basis of regions as, North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. China is growing rapidly in the consumption of corn gluten meal using it as a crap feed, also China is largest producer of corn gluten meal as it owns large corn starch processing sector.
Corn Gluten Meal: Key Players
Corn gluten meal market is dominated by the some of the key players like Cargill, Ingredion Incorporated, A.D.M. Engineering, Tate & Lyle plc., Sodrugestvo Group S.a., Agridient Inc., Pawar Agro Industries, Paramesu Biotech Pvt. Ltd., Meihua Holdings Group Co., Ltd., Zhucheng Xingmao Corn Developing Co. Ltd., Zhucheng Dongxiao Biotechnology Co. Ltd. etc. among others.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

Milk Protein Weight Management Products Market to See Modest Growth Through 2025

Global Milk Protein Weight Management Products Market: Snapshot
The growing popularity of dairy protein for the management of obesity and other weight-related problems is a key factor driving the evolution of the milk protein products market in recent years. The attractive functional profile of milk protein supplements in weight management and their efficacy in regulating key metabolic processes are notable factors boosting the demand for milk protein. Their clinical significance emanates from the fact that the intake of milk protein products, along with some lifestyle changes, is found to be beneficial in fighting certain metabolic disorders. The growing prevalence of obesity and the growing awareness of dairy protein products are key factors bolstering the demand for milk proteins. Apart from improving the metabolic cycle, they are increasingly being preferred for preventing factors leading to cardiovascular diseases.
The rising incidence of chronic ailments, including diabetes, has boosted the demand for milk protein, which not is high on satiety, but decreases the excess deposition of lipids in digestive organs. In addition, milk protein supplements are gathering steam among athletes and fitness enthusiasts. The growing popularity of skimmed milk is a notable trend expected to accentuate the demand for milk protein products. In many cases, milk protein are consumed for improving fat metabolism and reducing the risk of cardiovascular diseases. In addition, they help in satisfying appetite with low-fat diet and have beneficial effects on bones health. The rising demand for diary-based functional foods also bodes well for the market. Developed regions such as North America and Europe are offering substantial lucrative avenues for market players. The rising prominence of ready-to-drink products in various emerging and developed nations is boosting the growth of the market. In addition, recent advances in production technologies have enabled producers vary their composition of protein components, which augurs well for the market.
Global Milk Protein Weight Management Products Market: Snapshot
Over the past few years, there has been considerable interest in the consumption of diary proteins as supplements for the management of weight and in improving the overall metabolic health. The functional efficacy of consumption of milk proteins in a variety of combinations to reduce the risk of metabolic disorders has been well documented in a number of epidemiological studies. Their intake in conjunction with certain lifestyle changes has been found to mitigate several adverse physiological changes underpinning the prevalence of obesity and overweight. Milk protein aid digestion, increase satiety, decreases the excess deposition of adipose, and prevents the infiltration and undue accumulation of lipids in primary digestive organs such as liver. These physiological factors are also precursors to cardiovascular disease (CVD) and numerous common chronic diseases such as type-2 diabetes.
The use of milk protein management products is also gaining popularity with fitness and bodybuilding enthusiasts. The growing prevalence of poor metabolic health in a number of developed and developing nations such as China and the U.S. is a key factor boosting the demand for milk protein weight management products. The rising prevalence of CVD in developing and developed regions is a significant trend catalyzing the growth of the market. There is growing acceptance of various milk products such as skimmed milk powder, casein, and whey protein in reducing the risk of CVD. Constant researches in improving metabolic health have led to the advent of advanced products made with a varied selection and combination of protein components in milk.
Milk protein weight management products consist a variety of essential amino acids utilized by the human body for regular functioning of the same. The products are majorly used by infants, athletes, and body building enthusiasts requiring protein diets. Skimmed milk is a major segment in the milk protein weight management products market and can be consumed safely to improve your health as well as overall metabolism of the human body. It is also good for bones and cardiovascular functions. Milk protein weight management products assist in improving fat metabolism and digestion which helps in reducing weight. Research suggests that consumption of three servings of skimmed dairy products on a daily basis can assist in losing up to 10% of body weight over a limited period of time. Milk protein weight management products also facilitates appetite control and improve satiety leading to reduction in body weight as the desire to eat reduces during calorie restriction in milk-supple­mented diets, and the sensa­tion of decreased satiety.
Milk Protein Weight Management Products Market Segmentation
Milk protein weight management products market can be segmented on the basis of types, applications, forms, and by regions. On the basis of type, the milk protein weight management products market is segmented as skimmed milk powder, casein/caseinates, whey protein hydrolysates, whey protein concentrates, whey protein isolates, milk protein concentrates & isolates, and others. Skimmed milk is one of the major types of milk protein weight management products and is expected to hold a considerable market share during the forecast period. On the basis of applications, the milk protein weight management products market is segmented as functional foods, functional beverages, dietary supplements, and others. The functional food and dietary supplement segments are expected to hold significant shares in the milk protein weight management products market during the forecast period. Milk protein weight management products market is later segmented on the basis of forms as solid and liquid. Most of the milk protein weight management products are in liquid forms but usually made available in solid forms.
Milk Protein Weight Management Products Regional Analysis
Milk protein weight management products market is further segmented on the basis of region as, Latin America, North America, Europe, Middle East and Africa and Asia Pacific. In regional segments the North American and European markets possess significant potential. Latin America, as well as developing markets as Asia Pacific and MEA possess significant market demand for milk protein weight management products over the forecast period. The Asia-Pacific milk protein weight management products market is expected to grow with the highest CAGR among the various region during the forecast period. Rising obesity in the region coupled with high availability of dairy products and inclination towards the weight loss products in the region is expected to drive the market demand in the Asia-Pacific region.
Milk Protein Weight Management Products Global Market Trends and Market Drivers:
Factors fuelling the growth of the milk protein weight management products market include increasing demand for dairy ingredients and dairy alternatives across the globe, rising demand for recombined milk segments in developing countries, and rising consumer inclination towards health and wellness based dietary supplement diet. The market demand is also expected to witness a tremendous growth owing to factors such as rise in obese population, increasing consumer preference for low-calorie dietary supplements, and increasing demand for natural weight loss products.
Other factors driving the milk protein weight management products market include the rising importance on read-to-drink and performance-enhancing products and the progressions in technology that leads to efficient and versatile product variations.
Milk Protein Weight Management Products Market Key Players:
Key global market players manufacturing different milk protein weight management products for different applications include Agropur MSI, American Dairy Products Institute, Arla Foods, Carbery, Champignon-Hofmeister Group, DMK Group, Fonterra Co-operative Group, Glanbia Plc, Warrnambool Cheese & Butter Factory, and Westland Milk Products.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

PISTACHIO MARKET TO EXHIBIT GROWTH AT A STEADY PACE THROUGH 2026

Potential applications in food supplements and drug industries have created opportunities accelerated growth in the global pistachio market. As per recent researches, the phytochemical composition of pistachio hulls with a blend of anacardic acid homologues have remarkable anti-oxidant and anti-inflammatory properties. This fuels prospects for the increasing use of pistachio hulls in nutraceuticals. In a recent study, Transparency Market Research (TMR) has analyzed in detail various factors contributing the market’s expansion. The report also provides market intelligence for consumers as well as companies operating in the global pistachio market. It includes a detailed chapter presenting insights into the prevailing competitive landscape in the global pistachio market.
For the purpose of the study, it profiles companies such as Setton Pistachio of Terra Bella, Inc., The Pistachio Co Food Trading LLC., Germack Pistachio Company, Rasha Pistachio Co., Sierra Nut House, Wonderful Pistachios & Almond Company LLC, Houston Pecan Company, Bates Nut Farm, Meridian Growers LLC, and Whistler Foods. In the last few years, the global pistachio market a spurt of promotional strategies, as key players took to gaining edge over the prevailing competition. Rivalry among market players is more intense at regional level, especially in higher pistachio producing countries such as the U.S. Vendors mostly fight it out on the basis of price and quality to emerge as the leading players in the global pistachio market.
Some of the more established companies with a widespread reach are looking to further expand their business. For this purpose they are shifting their focus on regions with untapped potential. Such strategies adopted on part of the companies are likely to have a positive influence on the overall pistachio market. However, being a mature market, the global pistachio market is forecast to exhibit growth at positive pace through 2026.
Pistachios Have Rich Nutrient Content, which Fuels their Demand Globally
Pistachios are rich in fiber and contains antioxidants, it helps in reducing cholesterol levels, and also controls sugar. These properties are much sought-after, which has fuelled the pistachio consumption significantly among type 2 diabetes patients. In addition to these, pistachios also have high vitamin b^ content, with increases immunity levels. The rising knowledge of benefits that can be obtained from the consumption of pistachio has in turn enabled the market to gain traction worldwide. The rising number of health conscious consumers will therefore bode well for the global pistachio market. According to TMR, the global pistachio sales is expected to reach nearly US00 bn by the end of 2025. The demand for pistachio is further expected to increase as an increasing number of consumers discern pistachios as guilt free and rich source of nutrients.
Rising Use in Diverse Food Products to Boost Growth Prospects
As per recent studies, pistachios are increasingly used in diverse food products such as desserts for its unique taste and subtle essence. Furthermore, they are used in bakery products such as cookies, cakes, and biscuits. In addition to this, they have found application in food joints, restaurants, and processing industries. With an increasing number of food manufacturers innovating pistachio flavored products in a bid to capitalize on their growing popularity, the demand for pistachios is expected to rise steadily between 2017 and 2026.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:

RISING DEMAND FOR INSTANT FOODS TO MAKE FROZEN MEAT MARKET GROW AT 3.4% CAGR

The global frozen meat market depicts the presence of a highly fragmented and competitive vendor landscape, says Transparency Market Research on the basis of a recently published report. Such a vigorous competitive spirit is majorly present due to innumerable players operating in this sector. Most of the businesses have good connections with service companies and food chains, thus maintaining a consistent and dedicated demand of the product. Companies are adopting aggressive marketing strategies to enhance their brand name; following which participating in mergers and acquisitions has led towards improvement in their network.
Verde Farms, Marfrig Group., BRF S.A., Kerry Group Plc., Pilgrim’s Pride Corporation, Tyson Foods, Inc., LLC, Associated British Foods Plc., and Arcadian Organic & Natural Meat Co., are key players operating in the global frozen meat market. Many players are tying up with cold storage services to sustain their position in the market. Key businesses operating in the global frozen meat market are investing substantial amount of money to enhance production techniques by carrying out extensive research and innovation. Lastly, owing to such innovative production methods introduced, several players are aiming towards increasing product yield, production capacity, and regulating product costs.According to experts from Transparency Market Research, the global frozen meat market is expected to fetch revenue worth US.0 bn by the end of 2026. This growth is projected to occur at a steady CAGR of 3.4% during the forecast period from 2017 to 2026.
Changes in Lifestyles Lead to Rise in Demand of Frozen Meat
Widespread advancements associated with freezing techniques to lengthen the lifespan of meat products and improve their quality are primarily driving growth in the global frozen meat market. Eating habits are rapidly changing all over the globe, and many now prefer ready-to-eat meat products and foods. A fast-paced living standard, surge in online food orders, and availability of less time to cook using freshly bought meet, are three lifestyle changes, which are making the global frozen foods market grow extensively.
With food delivery services becoming more efficiency and cheaper, the frozen meat market is expected to witness an augmented growth in the near future. Sometimes, restaurants and foodservice chains might face a shortage of fresh meat, and this could hamper their sales greatly. However, this situation can be reversed by storing frozen meat and utilizing as per requirement. Thus, as utilizing frozen meat proves extremely beneficial for restaurants and other food joints, the global frozen meat market is expected to witness a handsome growth.
Costly Frozen Meat Processing Methods Hamper’s Growth
However, processing frozen meat often proves to be costly, which can further translate into expensive foods for the end user. Such costs could notably discourage potential customers, making them consider other options. In this way, high expenditures required for processing of frozen meat is greatly hampering the global frozen meat market. Moreover, shortage of frozen meat in less developed regions too is posing as an obstacle to the market’ growth, from a geographical perspective. Nevertheless, many businesses are introducing cost-effective processing techniques, which could offset most restraints affecting the global frozen meat market.
Explore Transparency Market Research’s award-winning coverage of the global Food and Beverage Industry: https://www.globenewswire.com/news-release/2019/09/17/1916547/0/en/Global-Mezcal-Market-to-Reach-US-738-Mn-by-2027-Growing-at-13-CAGR-TMR.html
Posted by at No comments:
Subscribe to: Posts (Atom)