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Friday, 30 March 2018

Asparaginase Market Driven by Growing Pharmaceutical and Food Industry

Global Asparaginase Market: Overview

Asparaginase also known as crisantaspase, is an enzyme used in food and pharmaceutical manufacturing. It is one of the medicine in the World Health Organization's List of Essential Medicines, made from bacterial species such as Erwinia chrysanthemi and Escherichia coli. Asparaginase is used in the food manufacturing to reduce the formation of acrylamide. Acrylamide is a carcinogen in the starch containing food products such as biscuits and snacks. In pharmaceuticals, Asparaginase is used to treat various diseases and disorders such as non-Hodgkin's lymphoma, acute myeloid leukemia (AML), and acute lymphoblastic leukemia (ALL). The North America Asparaginase market accounts for relatively high revenue share, followed by Western Europe Asparaginase market. Whereas, APEJ account for relatively high volume share in global Asparaginase market with significant growth rate.


Global Asparaginase Market: Dynamics

Some of the important factor fuelling the growth of global Asparaginase market include growing pharmaceutical and food industry. To counter the same, Asparaginase market players are investing in research and development and production of Asparaginase to meet the regulatory specification with increasing demand. Some macroeconomic factors making a positive impact on global Asparaginase market includes increasing population, the rapid rate of urbanization, and growing domestic income. Major restraining factors for global Asparaginase market are its side effect in human body pancreatitis, mild Bone marrow suppression, anticoagulant factor resulting in the stroke and bleeding, decreases protein synthesis and hypersensitivity or allergic reaction. The trend identified in the global Asparaginase market is mergers and acquisitions between Asparaginase producers and finished product manufacturers such as pharmaceuticals and food. The company manufacturing Asparaginase products has a significant opportunity in regions such as North America, Europe, and Asia Pacific, attributed to high demand for pharmaceuticals across the regions. Companies have a significant opportunity in global Asparaginase market through collaboration with end-users i.e. food and pharmaceutical manufacturers.

Global Asparaginase Market: Regional Overview

By geographies, the global Asparaginase market is segmented into seven regions -- North America, Western Europe, Asia-Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa, and Japan. Among the regions, North America dominates the global Asparaginase market in terms of value, owing to a significant revenue share of the region in the pharmaceutical industry. Western Europe is followed by North America in the global Asparaginase market, attributed to rapidly rising demand for food and beverages across the region. Eastern Europe and Japan also accounts for significant value share in the global Asparaginase market. The APEJ is expected to account for relatively high volume share in the global Asparaginase market, owing to a relatively high growth rate of pharmaceutical and food industry across the globe. Latin America and Middle East Africa is expected to have relatively high opportunity for Asparaginase market players, attributed to high growth rate of the healthcare sector in the regions. Overall, the outlook for the global Asparaginase market will have a positive growth over the forecast period.


Global Asparaginase Market: Key Players


Few players of Asparaginase market include Novus Biologicals, Taj Pharmaceuticals Limited, Porton Biopharma, Xiamen Hisunny Chemical Co., Ltd., Jinan Haohua Industry Co., Ltd., Simagchem Corporation, LGM Pharma, Leap Labchem Co., Ltd., Hangzhou J&H Chemical Co., Ltd., Hangzhou Dayangchem Co. Ltd., Gihi Chemicals Co., Limited, Chemos GmbH & Co. KG
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Milk Coagulating Enzyme Market Driven by Increasing Demand in the Processed & Packaged Food

Milk Coagulating Enzyme: Market Overview

An enzyme is a protein, high molecular weight compounds formed by the chains of an amino acid linked together by peptide bonds. These proteins act as a catalyst causing reactions when added. Each enzyme reacts and provide different reactions such as enzymes for cheese production, bio-protective enzymes for enhancement of flavor, texture, safety and shelf life of the dairy products and thus are specific. There are various sources of the enzymes depending on its applications and the product. Milk coagulating enzymes are the enzymes added for the productions of cheese, yogurt and other dairy products. There are three stages of coagulation, in the primary stage, the enzyme called rennet are used for casein processing. In the second stage, calcium is required, as the process of aggregation of casein particles takes place. As a result, it forms a gel. In last and the third stage, gel network is developed which gets cut depending on the desired texture of the cheese. It gets affected by the external factors like temperature, heat, light. The optimum temperature for the coagulation is around 30 to 32C


Milk Coagulating Enzyme: Market Dynamics

There are various driving factors that trigger the milk coagulating enzyme market as there is increasing demand in the processed and packaged food and dairy products, necessity for the waste reduction resulting into food safety. Along with it, rising awareness for nutrient-rich products, high penetration of marketing channels in rural and urban areas, availability of enhanced dairy products with the range of flavors facilitate the milk coagulating market to have a significant market growth. Coupled with these factors, drivers like advanced and high technological machinery, inter-relationship of urbanization and changing consumer preferences also contribute to the growth of the market.

The factors like inconsistent regulatory processes, high research and development costs, temperature dependent product life, government interventions and regulatory policies affect the growth of the milk coagulating enzyme market.


Milk Coagulating Enzyme: Segment Overview

Milk coagulating enzymes are segmented on its sources. It is sourced from animals, plant, and microbial. Based on the types of enzymes, the market is segmented into rennet, protease, lipase, lactase, and catalase. Rennet, an enzyme formed by the mixture of animal and microbial sources, is the traditional type of the enzyme used in the first stage of the coagulation process. It is a mixture of chymosin and pepsin, also known as the calf’s fourth stomach lining. Proteases are used for the second stage of the process for the acceleration of ripening of cheese. It also modifies the functional properties of milk and reduces those properties which can prove to be allergic to the infants. Lipase is responsible for the characteristic flavors of the cheese as it breaks down the milk fats. Lipase is used for cheese ripening to enhance the flavor and texture of the cheese. Lactase is an enzyme that cuts lactose into sugars, galactose, and glucose. It is used in Ice cream for its sweeter taste. Catalase, obtained from microbial sources or bovine liver converts hydrogen peroxide to water and molecular oxygen.

Milk Coagulating Enzyme: Regional Overview

Milk and milk products are in demand all around the world with different product category preferences. Considering different policies for the dairy products which depends upon religious, cultural and other demographic factors, the milk coagulation enzyme market has a vast regional expansion. The milk coagulating enzyme has its presence in the North America, Latin America, Eastern Europe, Western Europe, Japan, Asia-Pacific and the Middle East and Africa.

Milk Coagulating Enzyme: Market Players

Some of the market players are

  • Chr. Hansen Holding A/S,
  • Biocatalysts Limited,
  • Amano Enzyme Inc.,
  • Shenzhen Leveking Bio-Engineering Co. Ltd.,
  • Jiangsu Boli Bioproducts Co. Ltd.,
  • Sunson Industry Group Company Limited,
  • Royal DSM N.V.,
  • Enmex SA DE CV,
  • Advanced Enzymes Technologies Limited,
  • Amway, BASF,
  • DuPont Danisco,
  • DSM,


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Angelica Extract Market: Growing Usage of Angelica Extract in Functional Food

Global Angelica Extract Market: Overview

Angelica a root, known by many names such as wild celery, dang GUI and wild parsnip. It’s an aromatic herb, which grows in Korea, Japan and China. Angelica has an antibacterial action, which prevents the growth of various bacteria and thus find potential medical usage. Angelica has been used for strengthening lungs, kidney, liver and heart. Angelica plant, seed fruit, root are used for making herbal medicine. Angelica extract is an herbal tonic for blood circulation. Also, it is considered as all-purpose woman’s tonic herb. Angelica extract is widely used in functional food and pharmaceuticals. Increasing health awareness among consumers is driving the growth of global angelica extract market.


Global Angelica Extract Market: Drivers and Restraints

Global angelica extract market is increasing due to increasing awareness related to benefits of angelica plant coupled with growing usage of angelica extract in functional food is driving the growth of global angelica extract market. Increasing use of angelica extract in various foods to enhance taste and health benefits is increasing the adoption of angelica extract in different food products, thus fuelling the market growth. Moreover, angelica has various medical benefits such as providing energy, vitality, enriching blood, etc. It also helps in reducing disease such as anaemia, low immunity problem, and other disease. Furthermore, angelica extract also contains anti-aging properties. So the demand for angelica extract is increasing amongst the cosmetic manufacturers, which further results in to growth of global angelica extract market. Now a days, online availability of the angelica extract is increasing, which is anticipated to fuel the growth of the global angelica extract market. Moreover, extensive research and development initiatives for the increasing uses and applications of the angelica extract is also fuelling the growth of global angelica extract market. High dose of angelica extract increase sugar in urine, which is not beneficial for diabetics and thus, restricts adoption among a significant population. Moreover, the prices of angelica extract are very high, which also acts as a restraining factor for global angelica extract market growth.

Global Angelica Extract Market: Region wise Outlook

The global angelica extract market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). China, Korea, Japan and Brazil are the major producer of angelica extract. Asia Pacific and Latin America are among the emerging clusters of the globe, which are anticipated to witness an above average CAGR over the forecast period. However, the global angelica extracts market is expected to witness a steady growth by the end of 2027.


Global Angelica Extract Market: Key Players

Mighty International Company, ltd.
Tropical Herbal Products Company, ltd.
Thiptipa co., ltd
Zingo Enterprise Co., ltd.
Bio-Botanica, Inc.


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Thursday, 29 March 2018

Asia Pacific & Latin America Canned Preserved Food Market Expanding at a CAGR of 6.40% during 2015 to 2021

The rapid increase in working population in emerging economies has fueled the demand for readymade food products in Asia Pacific and Latin America considerably. People, nowadays, have no time to cook, which has resulted in an increased reliance on canned preserved food, as they are rich in nutrients and do not require cooking. The escalating disposable income of consumers is also adding significantly to the rising demand for canned preserved food in these regions.

The canned preserved food market in Asia Pacific and Latin America, stood at US$24.4 bn in 2014. Expanding at a CAGR of 6.40% during the period from 2015 to 2021, it is expected to reach US$38.1 bn by the end of the forecast period.


Canned Fish to Witness Strongest Demand in Overall Market

Canned meat, canned fish, canned fruits, and canned vegetables are the key canned food products available in Asia pacific and Latin America. With a share of more than 30%, canned fish led the overall market in 2014. However, in Asia Pacific the demand for canned meat was higher than other while in Latin America, canned fish registered the strongest demand in the same year.

Over the coming years, the canned fish segment is likely to retain its position in the overall market. The health benefits associated with the consumption of canned fish, such as increased protein intake, is expected to keep its demand high in the near future. Canned fish, especially tuna fish, provides a massive amount of amino acids essential for the proper functioning of the brain and for maintaining a healthy hormonal balance. It is also a rich source of omega 3 fatty acids that helps in strengthening the cardiovascular systems in humans. The high consumption of canned fish in Brazil, Chile, China, and India is also projected to add significantly to its growing demand in the near future.

Asia Pacific Reports Higher Consumption of Canned Preserved Food than Latin America

Between Latin America and Asia Pacific, canned preserved food reports a greater consumption in Asia Pacific. The growing influence of Western culture in dietary habits of consumers has influenced the demand for canned preserved food positively in this region. The rising awareness regarding the health benefits offered by canned food, together with the increasing disposable income of consumers, is also boosting the adoption of these products significantly in Asia Pacific. During the period from 2015 to 2021, this regional market is likely to retain its position with a rise in the revenue at a CAGR of 6.90%.

Latin America is also expected to witness a steady rise in the demand for canned preserved food on account of the changing lifestyles of people in this region. Analysts project the market for canned preserved food in Latin America to expand at a CAGR of 5.30% between 2015 and 2021.

Dole Food Company Inc., BRF S.A., Pinnacle Foods Inc., Maple Leaf Foods Inc., Campbell Soup Co., ConAgra Foods Inc., B&G Food Holdings Corp., MTR Foods Pvt. Ltd., H.J. Heinz Co., and DelMonte Pacific Ltd. are the key producers of canned preserved food in Asia Pacific and Latin America.


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Frozen Processed Foods Market will be Worth US$69.11 bn by 2021

Investing in product innovation and manufacturing frozen processed food items that have no or minimal synthetic flavors and preservatives is a key strategy being adopted by leading players in the global frozen processed food market, reports Transparency Market Research in a new study. Furthermore, aligning product development to cater to the growing class of fitness-conscious consumers will also see companies introducing organic and healthy items in the market.

The leading players in global frozen processed food market are Stouffer’s, Bofrost, Zhengzhou Sanquan Food Co, Ltd., and McCain. “Collaborating with regional players to enhance product portfolio and reaching out a larger number of consumers are expected to be key strategies of players in the near future,” reports the lead author of this research report. Establishing integrated marketing communication strategies, improving point of visibility, and building a stronger relationship with retailers will also form the basis of successful businesses in the coming years.


Innovation to Tangibly Augment Sales of Frozen Processed Foods

The changing consumer perceptions about frozen processed food items from being convenient solutions to being healthy dietary options have accelerated the demand for the global frozen processed food items. The market is also benefitting from ongoing product innovations and the strong distribution networks established by retail chains. Introduction of a wide range of healthy, natural, organic, and food items with less or no preservatives and additives is also boosting the demand frozen processed food items.

The lack of time to cook elaborate meals and increasing number of working women have also made a significant contribution to the revenues of the global frozen processed food. The report also indicates that the rising disposable incomes and increasing number of households that own refrigerators especially in the emerging economies of China and India are also expected to propel this market in the forecast period.

Food Adulteration Scandals, Low Awareness Levels Hurting Growth of Frozen Processed Food Market

Low levels of consumer awareness about the difference between chilled and frozen food items is restraining the growth of the global frozen processed food market. Furthermore, much-publicized cases of meat adulteration in the recent past have created a negative perception about frozen processed food amongst consumers. Additionally, the growing concerns pertaining to obesity and unhealthy lifestyles that are associated with the regular consumption of frozen processed food are also impeding sales and, consequently, revenue.

North America to Remain Frontrunner with 0.9% CAGR between 2015 and 2021

According to the research report, the opportunity in the global frozen processed food market is expected to reach US$69.11 bn by 2021 as against US$57.50 bn in 2014. During the report’s forecast period of 2015 to 2021, the global market is expected to rise at a CAGR of 2.7% in terms of revenue. The demand for frozen processed poultry food items is expected to be highest, as the revenue of this segment is projected to reach US$9.91 bn by 2021. North America will be the key regional segment in the overall market and is expected to generate revenue worth US$23.60 bn by the end of 2021, exhibiting a CAGR of 0.9% from 2015 to 2021.

This review is based on Transparency Market Research’s report, titled “Frozen Processed Food Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”

Key Takeaways:

  • Global frozen processed food market to represent an opportunity worth US$69.11 bn by 2021
  • North America to be the key regional segment with 0.9% CAGR between 2015 and 2021
  • Demand for processed poultry food items to reach all-time high as the segment is expected to reach US$9.91 bn by 2021


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Halal Products Market: Quick Advancement Expanding Discretionary Cash Flow in Islamic Economies Improves Market Development

The global halal products market has been foretold in a report by Transparency Market Research (TMR) to showcase a noticeable enhancement in terms of growth. This could be attributed to a wide variety of offerings made available by the market in different sectors. Leading food companies dealing with halal products have been expected to account for a 50.0% share of the market with respect to revenue. Reckitt Benckiser Group Plc. has been researched to be a vital player of the market in respect of the necessities in the halal products domain of the materials and chemicals sector. Other prominent market players taking a lead position in the cosmetic and personal care and food and beverages sectors could include Unilever and Nestle S.A. respectively.


According to TMR, a revenue earning of US$10.51 trillion could be achieved by the global halal products market by the end of 2024 at a CAGR of 16.2% during the forecast period 2016-2024. In 2015, a US$2.70 trillion valuation had been touched by the market. The processed food and beverages segment has been anticipated to dominate the market during the course of the forecast period. A close to 50.0% of the demand had been cumulatively secured by processed food and beverages and primary meat in 2015. Accounting for a nearly 47.74% share in 2015, Asia Pacific could lead the market in the coming years.

Increasing Muslim Population Worldwide Assures Spiraling Demand

The growing population in Muslim nations has been predicted to be a standout factor significantly augmenting the demand for halal products. Muslims have always been a key shoppers group for halal products. Before the end of 2030, according to the researchers, nearly 26.0% of the total world population is forecast to be of Muslims. This could be a strong jump from a 19.9% held in 1990. The developing populace of Muslims worldwide is projected to be a promising variable for the advancement of the market in the near future.

The rapid development of Islamic countries in Southeast Asia and the Middle East due to the increasing discretionary cash flow could act as an additional factor speeding up the development of the world halal products market. The interest for halal products could be pushed further across the globe because of their inclusion in different food products. Besides food and beverages, halal products have been envisioned to find applications in other sectors such as food supplements, bakery, nutraceuticals, personal care products, and pharmaceuticals.

Absence of All-inclusive Uniform Halal Standard Dampens Growth

As researched by the analysts authoring the report, the international halal products market could be hindered by the lack of a comprehensive uniform standard. Moreover, the absence of transparency with regard to the inclusion of ingredients for personal care and pharmaceutical products has been envisaged to slow down the demand in the market.


Nevertheless, there could be powerful growth opportunities lined up on the back of increasing disposable income and the global rise of the Muslim community. The primary meat segment could provide rewarding prospects in the international halal products market as it experiences an exponential growth, especially in underdeveloped and developing countries. The massive migration of people from Muslim-majority countries such as Syria, Afghanistan, and Iraq into the Europe Union (EU) supported by German Chancellor Angela Merkel’s open door policy could be a major opportunity for players operating in the market. The rising Muslim population in Western Europe countries such as the U.K., France, and Germany has been expected to strikingly up the demand for halal products.
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Allura Red AC Market Driven by Increasing Demand of Food Colorants Food & Beverages Industry

Global Allura Red AC Market: Overview

Food colours including synthetic, natural, or nature identical, are used in foods and beverages to enhance the flavour and appearance. Allura Red AC is an azo dye produced from petroleum to create shades of red. It is most commonly used red food dye. It is also known as calcium lake and aluminium lake with FD&C Red. No. 40. Allura Red AC originated in the United States and find potential use as a replacement for amaranth in food colouring. This has resulted in around 90% consumption of allura red AC in food colouring and only 10% in cosmetic and other industries.


Global Allura Red AC Market: Drivers and Restraints

The global allura red AC market is driven by increasing demand of food colorants food and beverages industry. Increasing demand for ice-creams, sausage casting, candies, cold drinks, dairy products, sugar confectionary, bakery products flour confectionary, frozen products, and gelatine desserts, etc. is fuelling the growth of global allura red AC market. Moreover, the lower prices of synthetic colours is also driving the growth of global allura red AC market. Furthermore, the ease of availability of raw material is an aid to the overall growth of allura red AC market.

However, the global allura red AC market is witnessing significant growth, there are few restraints to the allura red AC such as natural food colourants adoption for colouring in other North American and European countries. This is supported by stringent food colorants policies in these countries along with consumers inclination towards green and clean-label food and beverage products.


Global Allura Red AC Market: Region wise Outlook

The global allura red AC market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). China holds the major share in the global allura red AC Market in terms of production of allura red AC products. The allura red AC market in the APEJ region is expected to grow at a substantial growth rate. Allura Red AC usage is banned in European countries such as Denmark, Belgium, France, and Switzerland. In US allura red AC has been approved by the FDA for use in cosmetics, drugs and food. The global allura red AC food colorants adoption in MEA is relatively lesser than in other regions of the globe due to low availability of raw materials in this region.

Global Allura Red AC Market: Key Players


  •   Exim India corporation
  • Zhongshan Weifeng Foodstuffs Co., Ltd.
  • Foshan Nanhai Zunyi Beverage & Foodstuff C, Ltd.
  • Jagson Colorchem Limited
  • Chemical point UG
  • RIA Dyes & chemicals Co.
  • Shaanxi TOP Pharm Chemical Industry Co., Ltd.
  • Jinan Boss Chemical Industry Co., Ltd.
  • Roha Dyechem Sez Private Ltd.
  • Ajanta Food Colours
  • Sanchi Chemicals Pvt. Ltd.
  • Warner-Jenkinson Europe Ltd.
  • Asim Products
  • Foshan Nanhai Zunyi Beverage & Foodstuff C, Ltd.
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