Safflower Oil Market: Evolution & Trends by 2024

Safflower oil is extracted from safflower plant seeds. Safflower has had a rich history among both eastern and western civilizations in its plant form as well as in the processed oil. It is still a part of the human diet. Safflower oil bridges the commercialization between ancient and modern times. A growing number of benefits from the use of safflower oil as a nutrition and health supplement is boosting the market for safflower oil. The market is showing significant improvements in health standards across the globe due to its associated oil product benefits. Safflower is a plant and it is seen that flower and oil from the seeds are used as medicine. The growing prevalence of heart diseases, which includes the hardening of arteries and stroke, has become a normal phenomenon across all sections of the population. It has also been seen that safflower oil is also used to treat fevers, coughs, tumors, breathing problems, clotting conditions, and traumatic injuries. Safflower oil is preferred due to changes in lifestyle and an inclination toward the consumption of low-fat foods, coupled with health benefits. With continuous health improvements, special economic incentives are being given to companies to achieve improvements in health standards, which leads to both social and economic welfare. Health standard norms and global acceptance are the key factors on which the growth of the global market for safflower oil depends.

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The safflower oil market has been segmented into two types: monounsaturated safflower oil and polyunsaturated safflower oil. Monounsaturated safflower oil are mainly seen used as cooking oil in applications requiring high cooking temperatures. It has been considered shelf stable and it can be stored in a dry, cool, and dark place. It has also been observed that monounsaturated oils are advertised for their quality of durability while being used to cook at high temperatures. However, it is seen that polyunsaturated safflower oil consists of linoleic acid and is mainly used in cold applications, such as being mixed into salad dressings. It is seen that polyunsaturated oils cannot be used for cooking purposes as it can become rancid. Safflower oil thus finds application in both personal and commercial purposes.

By region, the safflower oil market is segmented into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. The benefits of using safflower oil, which includes dietary needs and overall well-being, is boosting the market for safflower oil during the forecast period. From the study it has also been observed that both monounsaturated and polyunsaturated oils are used for food purposes and that they consist of less saturated fat than normal cooking oil. Safflower oil is seen used also in the industrial sector as a drying oil in the manufacturing of stains and paints. It is also seen that the meal which is left after pressing the oil is used to feed cows.

Safflower oil is seen to be used as a health supplement and it has been seen that taking daily dosages of the oil can lower cholesterol, reduce inflammation, aid in body fat reduction, and help in muscle growth. Some restraints have been observed in this market as well. Safflower belongs to the daisy family and some people are allergic to daisy; the consumption of this oil in such people results in harmful reactions. It has also been observed that patients using safflower oil have experienced vomiting, stomach aches, and cramps. Additionally, awareness of the benefits of safflower oil is yet to reach large sections of population..

Key participants in the global safflower oil market include Oil Seeds International Inc., Adams Group, Ciaberia International Inc., Aktivv LLP, Galp Distribution Oil España S.A.U, and Los Charitos.

Global Cooking Oils and Fats Market: Leading Players Resort to Dealmaking to Gain Competitive Edge, finds TMR

Cutthroat competition among prominent players characterizes the global market for cooking oils and fats. Leading companies in the market, uncovers a report by Transparency Market Research, have resorted to mergers and acquisitions, joint ventures, and partnerships to gain competitive advantage over their rivals. They have also invested in extensive research and development to come up with new, better products to entice the rising ranks of discerning consumers who prefer products with zero trans fats and additional nutritive value.

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Some of the big names operating in the global market for cooking oils and fats are Ajinomoto Co. Inc, Wilmar International Ltd, Unilever plc, Associated British Foods plc, and CHS Inc. The market is expected to attain a value of US$65.2 bn by 2021 by expanding at a sluggish pace, predicts the TMR report. It also forecasts the volume to reach 22,333.1 kg mn by 2021.

Europe to Pare its Market Share due to Rising Health Concerns

The global market for cooking oils and fats can be divided on the basis of product type into olive oil, vegetable oil and seeds, butter, spreadable oil and fats, margarine, and cooking fats. Among them, the vegetable oil and seeds segment has been grossing maximum revenue and has almost half the share in the market. This is because of the growing awareness about its benefits among consumers. Low-fat, low-cholesterol, and low-calorie vegetable oil are particularly enjoying a soaring popularity.

Geographically, the global cooking oils and fats market can be divided into Asia Pacific, North America, Europe, and the Rest of the World. Asia Pacific, powered by China, Indonesia, India, Japan, and Malaysia, accounts for a dominant share in the market. The percentage share was about 35% of the total market in 2014. Europe is another leading market, but going forward it would likely trim its market share due to rising concerns about health among consumers. Demand from various emerging economies in the Rest of the World is also slated to be robust due to the rising disposable income and changing lifestyle.

Economic Growth Drives Demand

At the forefront of driving demand in the global market for cooking oils and fats is the swift pace economic growth across the world, especially in emerging economies in the Asia Pacific and South America. Economic growth has led to rising disposable incomes, which in turn, has filliped demand for cooking oil and fats. Another factor majorly contributing to the market is the raft of processed foods and ready-to-drink beverages that are seeing quick uptake on account of the busy lifestyle of people.

Countries such as India, Indonesia, and Argentina, for example, with a burgeoning urban population, are increasingly digging into processed foods, thereby propelling demand for cooking oils and fats.

Further, awareness among consumers about the quality of edible oils and the health benefits of consuming oils and fats in moderate proportions is also aiding the global cooking oils and fats market.

Negative Impact on Health Deters Uptake

A major challenge to the global cooking oils and fats market is the acute awareness of its negative impact on health. Intake of trans fats beyond acceptable limits, for instance, ups the level of cholesterol in the body, which in turn makes one susceptible to heart diseases, cancer, and type 2 diabetes. Processed foods, namely pizzas, doughnuts, burgers, and French fries that are loaded with trans fats and can negatively impact the health if eaten frequently. “High raw material prices also pose a challenge to the growth of the market. This inhibits new players from entering the cooking oils and fats market due to the high initial outlay,” informs the lead analyst of TMR report.

This review is based on the findings of a TMR report titled “Cooking Oils and Fats (Product Type - Vegetable Oil and Seeds, Spreadable Oils and Fats, Butter, Margarine, Olive Oil, and Cooking Fats) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015–2021.”

Global Cooking Oils and Fats Market, by Product Type

• Vegetable and Seed Oil
• Spreadable Oils and Fats
• Butter
• Margarine
• Olive Oil
• Cooking Fats

Europe Beer Market: Competition to Intensify with Rising Number of Participants, says TMR

The Europe beer market is characterized as extremely competitive in nature with a presence of a large number of international and regional players operating in it, states a research report by Transparency Market Research (TMR). In 2014, the prominent players in the Europe beer market, namely Diageo, Anheuser-Busch InBev, Carlsberg Group, SAB Miller PLC, and Heineken N.V. collectively dominated and held a share of 83.9% of the overall market. The tremendously rising number of players in the Europe beer market is estimated to strengthen the competitive landscape throughout the forecast period. In addition, the increasing number of mergers and acquisitions and the implementation of aggressive marketing strategies by the key players are some of the other factors anticipated to encourage the growth of the overall market in the near future.

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According to the research study by Transparency Market Research, in 2015, the beer market in Europe was worth US$135.29 bn and is expected to reach a value of US$160.99 bn by the end of 2021. The market is anticipated to register a 2.90% CAGR between 2014 and 2021.

Germany to Remain Dominant in Europe Beer Market

In the last few decades, Europe led the global beer market and is expected to continue its dominance in the next few years. Among the key countries in Europe, Germany is expected to lead and account for a share of 25.2% of the Europe beer market. The tremendously rising popularity and the rising disposable income of consumers are some of the key factors likely to encourage the growth of the beer market in Germany. In addition, Germany being the largest consumer and producer of beer is estimated to accelerate the growth of the overall market in the coming few years.

On the basis of product type, the Europe beer market has been classified into lager, ale, and stout. Among these, in 2015, the lager segment led the market and is anticipated to remain in the leading position in the next few years. The lager segment is expected to hold a share of 62.61% of the Europe beer market by the end of 2021. The high demand for lager beer owing to its distinguished taste and the rising popularity are some of the vital factors estimated to accelerate the market’s growth in the coming years.

Rising Consumer Base and Popularity to Encourage Market Growth

Beer is considered as one of the most popular drinks after water and tea. With the growing awareness among consumers regarding the health benefits of consuming beer in adequate quantity is expected to fuel the growth of the Europe beer market in the next few years. In addition, the rising popularity of beer and the acceptance of beer as a social drink are some of the other reasons driving the growth of the overall market. The rising disposable income of consumers is projected to drive the demand for different types of beer across Europe in the next few years.

Furthermore, the growing customer base for beer and the preference of consumers towards beer in comparison with other alcoholic beverage is expected to augment Europe beer market in the coming few years, states a TMR analyst.

Increasing Consumption of Substitute Products to Curtail Europe Beer Market

The Europe beer market, on the other hand, is expected to face several challenges throughout the forecast period. The introduction of substitute beverages and its growing consumption are anticipated to restrict the growth of the Europe beer market in the next few years. In addition, the demand for beer decreases according to the season in Europe, which is likely to hamper the growth of the market. Nevertheless, the untapped opportunities in Eastern Europe are expected to generate promising opportunities for the prominent players operating in the Europe beer market.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Beer Market (Product Type - Ale Beer, Lager Beer, and Stout Beer) - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”

The Europe beer market has been segmented as below:

Europe Beer Market, by Product Type

• Ale Beer
• Lager Beer
• Stout Beer

Europe Beer Market, by Country

• Germany
• U.K.
• Italy
• Spain
• France
• Rest of Europe

Linseed Oil Market - Global Industry Analysis, Growth, Trends, Forecast 2016 - 2024

Global Linseed Oil Market: Overview

Linseed oils are extensively used in the manufacturing of various products including putty, paints, gliding, wood finish, floorings, nutritional supplement, linoleum, and food processing. The high demand for these oils across various end-user industries can be attributed to their high bonding, polymerizing, and layer formation capabilities. Linseed oil in combination with different types of resins and solvents is used in creating linoleum, impregnators, and varnish for various industrial applications.

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This research report provides an in-depth analysis of the global linseed oil market and its overlying industries. It offers insights into the historic, latest, and expected data and trends of the market in terms of both volume and revenue. It also covers information about the exports and imports, domestic production, price dynamics and turnover of the linseed oil industry. A strategic analysis of key factors impacting the growth of the market is also included in the report. The report profiles key players in the global linseed oil market along with their business strategies, latest developments, and contact information.

Global Linseed Oil Market: Drivers and Restraints

The increasing application of linseed oils in various applications such as coating industry and paint application is the foremost factor driving the global market. The increasing awareness about the medical benefits of these oils is boosting its adoption in manufacturing nutritional supplements. Various studies suggest that these oils are helpful in reducing the risk of cancer and cardiovascular diseases. The oil produced through cold pressing method is safe for human as well as animal condition.

Despite the various benefits offered by linseed oils, the eye or skin irritation caused due to their contact is estimated to hamper their adoption in childcare products. Furthermore, linoleum is being largely replaced by PVC, which is adversely affecting the growth of the global linseed oils market. Nevertheless, the manufacturers in the market will be able to see light at the end of the tunnel as PVC is being increasingly banned due to its hazardous impacts on the environment.

Global Linseed Oil Market: Regional Segmentation

On the basis of geography, the key segments scrutinized in the report are Asia Pacific, Europe, North America, and Rest of the World. The North America market for linseed oils is expected to experience healthy growth during the forecast period owing to the increasing demand for wooden products in the U.S. and Canada. Europe will also witness significant growth during the same period, with the U.K., Germany, and France being the major revenue contributors.

Asia Pacific is poised to emerge as a lucrative market over the forecast horizon. The growth of the region will be supplemented by the flourishing growth of the various end-user industries including paint and food processing industries. The rapidly growing population in emerging economies such as India and China is also propelling the growth of the region.

Companies Mentioned in the Report:

Mergers and acquisitions are among the commonly adopted strategies by the key players to stay relevant in the global linseed oil market. They are focusing on extensive research and development in order to introduce and expand new application areas of linseed oils. Some of the prominent players operating in the market are Linolie Danmark Aps, Gustav Heess GmbH, Lamotte-oil, Natrol, WS Lloyd Limited. Krishi Oils, American Linseed Oil Co., and Cargill U.S.

Increasing demand of Meat, Soups & Poultry Products to Raise the demand of Spice Market Globally

Global Spice Market: Overview

The global demand for a variety of spices has continued to rise in the past few years owing to the vast rise in the consumption of convenience foods, snacks, and confectionary. The widened market for processed and ready-to-eat food products has also had a vast positive impact on the overall global consumption of a variety of spice.

This report on the global spice market presents an extensive account of the present state of the market and forecasts the way the market’s will evolve in response to present circumstances over the period between 2016 and 2024. The report includes vast details regarding the present and past sales across key product segments and regional markets, the various growth factors expected to drive the market in the future years, and the challenges capable of arresting the growth of the market over the forecast period.

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Global Spice Market: Drivers and Restraints

One of the key drivers of the global spice market is the increased usage of spices as natural preservatives in variety of poultry and meat products. Additionally, the significant rise in demand for healthy and nutrition-rich foods from the health-conscious young population globally has widened the consumer base of this segment of food products. Strengthening economies of countries in Asia Pacific have led to increased disposable incomes and have increased the demand for processed and ready-to-eat foods, which is anticipated to be a key growth driver of the spice market in the region.

However, the market is expected to be restrained due to the stringent government regulations related to food additives across different countries such as Canada, U.K., France, Italy and the U.S. Several food safety organizations, such as the FDA, have set high standards regarding the safety of a spice for its intended use for the consumer.

Global Spice Market: Segmentation

On the basis of product type, the global spice market can be segmented into cardamom, pepper, cumin, clove, and ginger. On the basis of application, the market can be segmented into sauces, soups, frozen food, meat, convenience foods, poultry food, and bakery.

On the basis of geography, the report segments the global spice market into Europe, North America, Asia Pacific, and Rest of the World (RoW). Of these, North America is presently the most attractive regional market for spices, followed by Europe, Asia Pacific, and the RoW. Rising awareness regarding the medicinal properties of spices will continue to keep the demand for spices high in North America over the forecast period as well. The region is expected to gain traction and witness high growth in terms of revenue over the report’s forecast period.

The Asia Pacific market also holds immense promise for spices owing to the flourishing food and beverages industry in the region. A vast surge in the consumption of fast foods across countries such as India and China will also drive the market for spices in the region. China is the leading country-wise market for spices in Asia Pacific, followed by India. Owing to the presence of vast growth opportunities, several international spice companies are focusing on expansion strategies in the region, expected to make the Asia Pacific spice market much more mature and increasingly competitive in the near future.

Global Spice Market: Competitive Dynamics

The global spice market features a fragmented competitive landscape owing to the presence of a large number of small-scale companies. The market also features some large companies holding prominent positions, making the market intensely competitive. Some of the most notable companies operating in the global spice market are Everest Spices, SHS Group, Ajinomoto Co., Inc., Associated British Foods, Mccormick & Company, Kerry Group Plc, Ariake Japan Company Ltd., Sensient Technologies, MTR Foods Private Limited, Ariake Japan Company Ltd., Olam International, Worlee Gruppe, DS Group, and Dohler Group.

Rising Disposable Income of the Consumers drives the Food Texture Market Globally

Global Food Texture Market: Overview

Food and beverage companies are increasingly using texturizing agents in a variety of processed foods due to the benefits they offer. They help in retaining the nutrients and also in preventing microorganisms growth, thereby extending the shelf life of the product. In addition, they improve the appeal and palatability of food, which reflects positively on the sales of food items. The rising health consciousness among consumers is anticipated to revolutionize the food texture market in the near future.

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This research report offers a detailed overview of the global food texture market and its affiliated industries during the forecast period from 2015 to 2023. It offers key insights into the market by comprehensively covering different classifications, definitions, and participants in the industry chain structure. It analyzes the various critical parameters of the market including its dynamics, geographical segmentation, development trends, and competitive landscape.

Global Food Texture Market: Drivers and Restraints

Convenience food is increasingly becoming an indispensable part of consumers in developed countries. These products are gaining popularity especially among students and working professionals. Growing globalization and changing lifestyles are leading to rise in consumption of convenience food in other parts of the world as well. Therefore, the surge in the demand for convenience food is likely to augur well for the growth of the global food texture market. Moreover, the rising consumer disposable income and improving economic conditions in developing regions are working in favor of the growth of the overall market.

On the flip side, the side effects associated with food texture are hampering the growth of the market. These disadvantages include high-calorie content, loss of energy, and increased allergenic contents. Furthermore, their manufacturing may involve procedures that have adverse impacts on the environment, which in turn is influencing the growth of the market negatively. However, players in the global food texture market are drifting towards manufacturing safe synthetic chemicals. This is likely to create immense growth opportunities for the market.

Global Food Texture Market: Geographical Segmentation

The key regions examined in the report are North America, Europe, Asia Pacific, and Rest of the World. North America holds the lion’s share in the market, followed by Europe. The growth of these regions can be attributed to the growing demand for processed food, rising innovation in food solutions, and increasing demand for bakery and confectionary products.

Asia Pacific is estimated to register significant growth during the forecast period. Emerging countries in the region such as India and China will experience a spike in the demand for texturizing agents owing to the increasing production and consumption of processed foods. The improving economic conditions are leading to the growth of affluent urban populations, thereby creating a lucrative market for food texture. Other factors driving the growth of the region are the abundant availability of raw materials and cheap labor, expanding retail sector, and the growing food and beverage industry.

Companies Mentioned in the Report:

Players in the food texture market are increasingly offering customized solutions to the manufacturers in the food and beverage sector due to the application-specific desirability of several texturizing functions. Product innovation is a go-to strategy for the majority of companies to stay relevant in the market. The leading players in the market are Archer Daniels Midland Co., Ajinomoto Co. Inc, Asland Inc., Cargill Inc, Cp Kelco, Estelle Chemicals, E.I. Dupont De Nemours & Company, and FMC Corporation.

Air Filters Market for Food & Beverages - Global Industry Analysis 2024

Air Filters for Food and Beverages Market: Overview

Consumer protection is one of the major concerns in the food processing industry. Food contamination can adversely affect human health. It can also result in loss of consumer loyalty and damage to product brands. In order to avoid these pitfalls, companies operating in the food and beverages industry introduce custom designed air filters to maintain sterile environment during the processing of food and beverages.

Airborne bacteria is a serious concern in food processing. Large number of bacteria can pass through air handling systems every hour in open plant applications. HVAC systems mounted on rooftops require proper filter design, which may include a pre-filter bank for course dust contaminates, followed by higher filtration or HEPA filtration. Maintenance of these systems is essential for open plant air processing.

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In closed system applications, processing and dispensing of food and/or beverages occurs in a closed work cell. Maintenance of temperature, humidity, and air filtration is an essential requirement for closed system environment. A series of HEPA filters is used for such processes.

There exists the need for custom-designed air filters for usage in food processing facilities across the globe.

Air Filters for Food and Beverages Market Trends

Air filters are used to eliminate contamination during the production stage in the food and beverages industry. Some specialized filters (e.g. high-performance HEPA filters) help remove germs and viruses. This makes the air sterile. Food air filters lower moisture and improve efficiency of various processes.

Rise in demand for air filters coupled with increase in stringent regulations emphasizing hygiene in the food industry are prompting filter manufacturers to design efficient filter systems. Reducing the level of micro-organisms and subsequently improving the air quality in production processes are the major challenges facing manufacturers of air filters in the food and beverages market. This is also expected to be one of the key drivers of air filters in the food and beverages market.

Implementation of enhanced filtration methods is mandatory for producers of food and beverages due to the rise in health concerns and enactment of stringent government regulations on food safety. The need to lower energy consumption across several industrial applications is increasing. This is anticipated to boost the demand for effective food and beverage air filtration systems.

Decrease in resources of raw materials and natural depositories, and increase in concerns about environmental health hazards are the primary factors estimated to propel the market.

Air Filters for Food and Beverages Market Segmentation

Based on product, the market can be segmented into dust collector, mist collector, cartridge collector, HEPA filter, and baghouse filter. Based on application, the market can be divided into dairy, bottled water, food & ingredients, and others.

Air Filters for Food and Beverages Market: Region-wise Outlook

North America is projected to remain the major revenue generating region of the market in the near future. Increase in awareness about nutritious and organic food is also driving the market. Companies are focusing on providing enhanced quality food products that adhere to governmental regulations on food safety.

Air Filters for Food and Beverages Market: Key Players

Key players operating in the air filters in food and beverages market include Parker Domnick Hunter, Donaldson Company Inc., Pall Corporation, APC Filtration Inc., and Camfil Group.