Pages

Friday, 30 March 2018

Global Flour Market to Exhibit 3.8% CAGR During 2014-2020

Global Flour Market: Snapshot

Flour consumption is witnessing a steady growth across the globe owing to the rising demand for bakery and fast food products among different classes of consumers. The increasing number of cafes and fast food restaurants worldwide is driving the flour market. Moreover, the development of flour milling industry in the developing regions such as Asia Pacific and the Middle East and Africa is working in favor of the growth of the market. The growing population and decreasing flour prices along with the establishment of new flour mills are supporting the demand for flour in these regions, which in turn is fuelling the overall market.


However, the market is adversely affected by the rising awareness regarding the health hazards of gluten. Due to high gluten content in wheat flour, consumers are shifting to its substitutes. The opportunity in the global flour market was pegged at US$198.57 bn in 2015 and is poised to reach US$254.82 bn by 2020, rising at a CAGR of 4.3% from 2014 to 2020.

Growing Uptake of Bread-based Fast Foods to Fuel Growth of Bread and Bakery Products Segment

Based on application, the bread and bakery products segment will continue to dominate until 2020, accounting for 37.77% of the overall market revenue. The increasing consumption of bread-based fast foods in emerging countries is augmenting the growth of the segment. The rising health awareness among people in different countries is leading to the increased demand for gluten-free brown bread flours, thereby contributing to the growth of the segment. On the other hand, the non-food application segment is anticipated to expand at a CAGR higher than any other segment during the forecast period.

On the basis of technology, dry milling will continue to command the leading share, representing 92.90% of the overall market revenue. Wide applications of dry technology among flour millers is driven by multiple factors, including less complex milling process, low-cost advantage, and compatibility with wheat flour milling process. The growing acceptance of non-gelatinized flour is also driving the adoption of dry technology among flour millers globally. The wet drilling technology will expand at a CAGR of 6.4% during the same period.

Europe to Lead Revenue Generation through 2020 Owing to Evolution of Value-added Processed Bakery Industry

While Europe will be the dominant regional market in terms of revenue throughout the forecast period, Asia Pacific will continue to be the leading volume contributor. In countries such as the U.K. and Germany, increase in domestic production of wheat for making bread has triggered the growth of the flour market in Europe. Evolution of the value-added processed bakery industry in the Netherlands, Italy, Germany and France among others is estimated to drive future growth of the region.

In Asia Pacific, the flour consumption is driven by the growing population, increasing consumer expenditure on staple food, rising disposable income, and the growing demand for fast food. Moreover, the increasing consumption of flour based noodles, breads, and other products is providing significant boost to the growth of the region. The Rest of the World market for flour is expected to exhibit a CAGR of 5.2% during the same period. The development of the retail bakery market in the Middle East is assisting the growth of the market. Moreover, the increasing wheat planting in Chile and other Latin American countries is leading to the rise in domestic wheat flour production output in this region.


Some of the leading players in the market are Archer Daniels Midland Company, Ardent Mills Canada, Associated British Foods plc, ConAgra Foods Inc., Hindustan Unilever Limited, General Mills Inc, Hodgson Mill., ITC Limited., White Wings, King Arthur Flour Company Inc., and Wilmar International Limited. 

Fruit Pulp Market Driven by Changing Consumer Preferences towards Healthy & Non-Genetically Modifies Food

Fruit Pulp is processed fruit products which are useful in the preparation of various food, beverages, cosmetics and other products. The production of Fruit Pulp requires extraction of juice with the crushing of membranes of the fruit which contains juice and then processing it to make it a thick paste. Fruit Pulps helps in maintaining the underlying basis for organic agriculture and interaction of the ecological effects of the inputs into our food supply. Fruit Pulps retains most of the nutrients of fruit and thus preferred in various food and beverage products. Fruit pulp consists of more fiber due to the presence of crushed membrane of the fruit and hence is more beneficial as compared to juice concentrate. However, fruit pulp carries an intense flavor of the fruit which limits its use in the beverage industry. Consumers prefer a smooth texture globally, and hence the application of fruit pulp is confined to developing countries. A wide range of fruit juice made from fruit pulp is present in emerging markets such as China, India, Indonesia, the Philippines, etc. Also, a significant range is available in Developed regions which are not widely accepted in developed countries due to strong taste and thick texture of fruit pulp. The fruit pulp is widely used in North America and Western Europe in bakery industry due to its features. In other regions, Fruit Pulp consumption is limited. Recent innovations and launch of GMO fruit in the market is increasing the production of fruit due to high yield and thus bringing the demand-supply gap. Despite all the positive and negative things, Fruit Pulp market has witnessed an exponential growth in the global market which is expected to continue because of high demand among the consumers.


Fruit Pulp: Market Dynamics

Fruit Pulp market is mainly driven by the changing consumer preferences towards healthy and non-genetically modifies food. Adverse effects have reduced the demand for GMO and Non-GMO food. Fruit Pulp doesn’t create any harmful consequences on soil and human health whereas GMO fruit pulp can have both the problems. Changing preference toward nutritious and healthy products is the new trend for which companies are launching innovative products to supplement the demand of modern society. Fruit Pulp market will face a surge in demand as many food producing companies started focusing on Organic foods. As per the experts, there is no scarcity of Fruit Pulps and farmers are willing to grow Fruit crops, but in the long run, the supply-demand chain will disrupt due to the low yields which will create an opportunity for Fruit Pulp suppliers and farmers. Fruit pulp has a longer shelf life than the fruit itself due to which Fruit Pulp market is expected to grow during the forecast period.

However, Fruit Pulp comes along with many restraints. Fruit Crop can persist use of synthetic pesticides, herbicides, the residue of hexane, sewage sludge, growth promoting antibiotics and ractopamine drug residue which are harmful to nature and humans, which can get reflected in fruit pulp. Fruit pulp can also generate bacteria and virus quickly as compared to other types of fruit concentrates.

Fruit Pulp market has an opportunity to replace raw fruit consumption due to changing food preferences.


Fruit Pulp: Segment Outlook

Fruit Pulp market can be segmented on the basis of type which includes mango, strawberry, apple, guava, citrus fruit, berries, grape and others (pear, kiwi fruit, passion fruit, etc.). The Fruit Pulp market can be segmented on the basis of form which includes liquid and powder. The Fruit Pulp market can be segmented on the basis of form which includes brine, syrup and water. Fruit Pulp market can also be segmented on the basis of the application which includes Food (bakery and confectionary, dairy and condiments, desserts and others (concentrate, etc.)), Beverage (Juice and Others (Cocktails, mocktails, etc.))

Fruit Pulp: Regional Outlook

Regional coverage for Fruit Pulp market includes North America, Latin America, Europe, Asia-Pacific and China and the Middle East and Africa. Fruit Pulp market witnesses a high demand in APEJ region due to the vast plantation and historical presence. Changing consumer perceptions in these areas will boost the growth of the market. However, the Fruit Pulp market is expected to grow significantly in North America and Europe region as consumers have widely adopted this Puree.

Fruit Pulp: Market Players


The market participants in Fruit Pulp market are Iprona AG, Doehler GmbH, Agrana Group, Conagra Brands Inc., Tianjin Kunyu International Co. Ltd. and many more.

Paprika Extract Market Driven by Growing Demand in the Specialty Food Market

Paprika Extract: Market Overview

Paprika extract, also known as Capsicum annuum L by its botanical name, is the extract of the genus Capsicum fruit. Capsicum is widely consumed all around the world as a vegetable, spice or color. It is used as the spice and as a natural food coloring and flavoring agent. Paprika oleoresin is the oil obtained from the paprika powder. The paprika extract is responsible for the range of orange to red color in commercial products. It has little or no pungency, unlike paprika oleoresin. Paprika extract constitutes carotenoid pigments, capsaicinoids, added or extracted vegetable oil and natural lipids. The paprika extract is mainly used in household consumption, food, pharmaceutical and cosmetic industry. It is generally present in powder and oil form.


Paprika Extract: Market Dynamics

The paprika extract market is blooming considering various factors such as increasing demand for spices and oils in the food processing, rising awareness about the health benefits of the natural coloring agents over the artificial one, and growing demand in the specialty food market and ready to eat dishes. Paprika extract market is also gaining the traction due to its flavoring and coloring properties, its anti-bacterial, anti-fungal, and anti-oxidant properties preferred by food, pharmaceutical and cosmetic industries for hair care and skin care products. The macro-economic factors such as economic growth, changing lifestyle along with rising disposable income favors the demand for paprika extract in the market.

The factors affecting the paprika extract market are its side effects on sensitive skin, or to infants. The color and flavor of the food containing paprika extract do not depend on the amount of paprika extract used. Thus it self-limits its use. The paprika extract is avoided in the products where N-nitroso compounds are formed as it has cancer causing effects. All the above factors hampers the paprika extract market


Paprika Extract: Segment Overview

Attractive, colorful food products and dishes are the trends of food Industry. Thus manufacturers rely on the natural agents for coloring and flavoring of the food and other commercial products. By the product type, there are the variety of forms of paprika available in the market depending on its applications. Colorant, vegetable, spice and paprika oleoresin are the different types of paprika. Based on its end user industry, the paprika extract market is segmented into food, pharmaceutical, and cosmetic industry. For the food industry, the paprika extract is used in various dishes, products for color and flavor enhancement. It is used in pasta, sausages, meat products and also for household consumption. Considering its antibacterial and anti-oxidant benefits on the health, the paprika extract is used for the various medical purpose and is thus used in the pharmaceutical industry. It is also useful for anti-dandruff oils and shampoos and is used in various hair and skin care products and for as a coloring agent for the same. The paprika extract is used extensively as a natural coloring agent food foods such as culinary, meat products, oil, and cheeses.

Paprika Extract: Regional Overview

The major market for the paprika extract is North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East and Africa. Due to improved production and processing technology, Asian countries such as China, India, are expected to have rapid pace in the paprika extract market. European and North American countries show significant growth in the market.

Paprika Extract: Market Players

Some of the paprika extract market players are
  • Chr. Hansen, EVESA,
  • Ingredients Naturales Seleccionados,
  • Synthite Industries Ltd,
  • Kalsec Natural Ingredients,
  • Kancor Ingredients Limited,
  • Plant Lipids and Naturex.
  • Adani Pharmachem Private Limited,
  • Kancor Ingredients Limited, Plant Lipids,
  • Givaudan,
  • Ozone Naturals,
  • Universal Oleoresins


Nisin Market Globally Expected to Drive Growth through 2027

Global Nisin Market: Overview

Nisin, a polycyclic antibacterial peptide produced by fermentation of a food grade bacteria is commercially used as a food preservative. The nisin is a natural food preservative and widely used in processed foods, majorly in dairy products, juice, canned foods and meat to increase the shelf life of the foods. Nisin is effective across a pH range of 3.5-8 and regarded as safe by the various food safety authorities in different countries, including WHO, FDA. The use of nisin inhibits the growth of pathogens and other strains to keep the food fresh. The use of nisin in brewery industry is growing at a faster rate. This is owing to the activeness of nisin in combatting the gram-positive bacteria. The gram-positive bacteria are the source of contamination in brewery industry, and usage of nisin can eliminate up to 90% of gram positive bacteria. Thus, preventing the brewery industry from economic damage. Besides, from the consumer point of view, the global nisin market is also at its growth phase owing to the consumer demand for natural and minimum processed foods. This demand has also led towards, development of new products which displaces heat treatments by other special treatments capable of maintaining the nutritional properties as well as the taste of the foods.


Global Nisin Market: Drivers and Restraints

The nisin is gaining widespread interest in the food industry owing to its feasibility in various applications such as meat/ poultry, dairy, fruits & vegetables, beverages etc. The nisin is effective against the wide spectrum of gram-negative and gram-positive bacteria, which is one of the key driving factors for the growth of global nisin market. Furthermore, nisin has surface active molecules which can easily bind with different compounds thereby killing bacterial cells which adhere to it. Owing to this property functions, it is also considered an important antimicrobial agent in the active packaging. The growing use of the active packaging is also one of the aspects driving the global nisin market. Other factors contributing in driving the global nisin market is its natural way to safeguard the food, extending the lifespan without altering the taste, allows to reduce the processing temperatures and easy to use. Since, the nisin is declared safe by most of the independent authorities of food safety, such as WHO, European Food Safety Authority, boosts the global nisin market

Global Nisin Market: Region wise Outlook

The global nisin market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America holds the major share in the global nisin market. Meat-offering establishments are the highest demanding end-users in the North America region. The cheese industry and other dairy industries offer a wide opportunity for the growth of nisin market in the region. The nisin market in Western Europe is far more established and stable with the presence of key players such as Royal DSM N.V. and Danisco A/S. These players also dominate in the global nisin market, constituting major share. The nisin market in APEJ is evolving and growing at a faster rate with new entrants in the market. Also, regulatory measures in China is becoming stricter owing to the lack of quality standards when compared to the European or other international counterparts, since it affects the export of nisin to other West region countries.


Global Nisin Market: Key Players

Some of the key players identified in the global nisin market include:

  •   Royal DSM N.V.
  • Siveele B.V
  • Shandong Freda Biotechnology Co., Ltd.
  • Danisco A/S
  • Galactic
  • Zhejiang Silver-Elephant Bio-engineering Co. Ltd.
  • Chihon Biotechnology Co., Ltd.
  • UAB Baltvita
  • Cayman Chemical
  • Amtech Biotech Co., Ltd

Vegetable Carbon Market Driven by High Demand for Processed Food Products

Global Vegetable Carbon Market: Overview

Vegetable carbon is odourless, insoluble, black color powder used as a food color in products such as ice cream, baked goods, icing, and confectionery products. Authority in the Europe and Canada approves vegetable carbon as a food colorant whereas it is banned in the U.S. Vegetable carbon is known as carbo medicinalis vegetabilis, carbon black, or vegetable black. It is produced by charring or steam activation of vegetable fibers. The vegetable carbon is produced by carbonization of the various source at high temperature including coconut shells, peat, cellulose residues, wood, and other shells. The Western Europe vegetable carbon market accounts for relatively high revenue share, followed by Asia Pacific vegetable carbon market over the forecast period, attributed to relatively high demand for processed food and confectionaries across the regions.


Global Vegetable Carbon Market: Dynamics

Some of the important factor fuelling the growth of global vegetable carbon market include high demand for processed food products, growing the pharmaceutical and cosmetic industry, and increasing demand for natural food colorants. To counter the same, vegetable carbon market players are investing in research and development and production of vegetable carbon to meet the regulatory specification with increasing demand. Some macroeconomic factors making a positive impact on global vegetable carbon market includes increasing population, the rapid rate of urbanization, and growing domestic income. Whereas, health hazards of vegetable carbon on the workers working in vegetable carbon manufacturing plant for a long time and on the consumers consuming for a longer period leads to restraining the global vegetable carbon market. The trend identified in the global vegetable carbon market is mergers and acquisitions between vegetable carbon producers and food manufacturers. The company manufacturing vegetable carbon products has a significant opportunity in regions such as Europe, and Asia Pacific, attributed to high demand for natural food colorants and high demand for confectioneries. Companies have a significant opportunity in global vegetable carbon market through collaboration with end-users i.e. food product manufacturers.

Global Vegetable Carbon Market: Regional Overview

By geographies, the global vegetable carbon market is segmented into seven regions -- North America, Western Europe, Asia-Pacific except Japan, Eastern Europe, Latin America, the Middle East & Africa, and Japan. Among the regions, Western Europe accounts for a relatively high share of the global vegetable carbon market in terms of value, owing to high demand for food colorants in the region. Asia Pacific is followed by Western Europe in the global vegetable carbon market, attributed to rapidly rising demand for processed food and beverages across the region. Eastern Europe and Japan also accounts for significant value share in the global vegetable carbon market. The North America is expected to account for relatively low value as well as volume share in the global vegetable carbon market, owing to the restriction of the use of vegetable black in the U.S. market. Latin America and Middle East Africa is expected to have relatively high opportunity for vegetable carbon market players, attributed to high demand for bakery and confectionery products in the region. Overall, the outlook for the global vegetable carbon market will have a positive growth over the forecast period.


Global Vegetable Carbon Market: Key Players


Few players of vegetable carbon market include DDW The Colour House, Jiangmen Goody's Food Co., Ltd., Bolise Co., Ltd., Wpasta Co. LTD., Guangzhou WellLand Foods Co., Ltd., Chr. Hansen Holding A/S, Univar Food Ingredients, Dynasty Colourants Co., Ltd., KF Specialty Ingredients, Hawkins Watts Australia, and Holland Ingredients.

Papain Market Driven by Increasing Demand for Natural Enzymes

Global Papain Market: Overview

Papain is a natural cysteine proteolytic enzyme present in mountain papaya (Vasconcellea cundinamarcensis) and papaya (Carica papaya). It is native to Latin America and is also called as papaya proteinase I. It is used to tenderize meat eaten as it breaks down tough meat fibers. Papain is an active component in powder form for meat tenderizers and has a huge demand in the global market. Papain also used in chemo-mechanical dental caries removal gel known as Papacarie, as a tooth whitener in mint sweets and toothpaste, to clean up dead tissue in chronic wounds, as a component of many enzymatic debriding preparations, and cell dissociation in cell culture preparations. The end-use industries of the papain include leather, food & beverages, detergents, cosmetic, tanning, optical, photographic, textile, and pharmaceutical. The North America papain market accounts for relatively high revenue share, followed by Western Europe papain market over the forecast period, attributed to relatively strong demand for papain and broad availability of raw material in the regions.


Global Papain Market: Dynamics

Some of the important factor fueling the growth of global papain market include rising health concern among the consumers, high demand for meat tenderizers, and increasing demand for natural enzymes. To counter the same, papain market players are investing in research and development and production of papain to meet the regulatory specification with increasing demand. Some macroeconomic factors making a positive impact on global papain market includes increasing population, the rapid rate of urbanization, and growing domestic income. The trend identified in the global papain market is mergers and acquisitions between papain producers and papaya suppliers. The company manufacturing papain products has a significant opportunity in regions such as North America, Europe, and Asia Pacific, attributed to high demand for natural enzymes and growing health consciousness among a large number of population. Companies have a significant opportunity in global papain market through collaboration with raw material supplier i.e. papaya vendor and through backward integration in the market as a raw material is a key factor for the market.


Global Papain Market: Regional Overview

By geographies, the global papain market is segmented into seven regions -- North America, Western Europe, Asia-Pacific except Japan, Eastern Europe, Latin America, the Middle East & Africa, and Japan. Among the regions, North America accounts for a relatively high share of the global papain market in terms of value, owing to strong demand for natural enzymes particularly in the U.S. Western Europe is followed by North America in global papain market, attributed to high demand for meat tenderizers across the region. Eastern Europe and Japan also accounts for significant value share in the global papain market. The Asia-Pacific is expected to register relatively high growth rate in the global papain market over the forecast period, owing to the robust growth of pharmaceutical industry due to rapidly growing population across the region particularly in the countries such as China and India. Latin America and Middle East Africa is expected to have relatively high opportunity for papain market players, attributed to the rapid rate of industrial growth and high demand for meat products. Overall, the outlook for the global papain market will have a positive growth over the forecast period.

Global Papain Market: Key Players

Few players of papain market include Senthil Papain and Food Products (P) Ltd., FRUZYME BIO TECH INDIA PVT LTD, Shri Ganesh Industrial Enzymes, Aumgene Biosciences, Shree Sai Agros, Parchem fine & specialty chemicals, Ultra Bio-Logics Inc., LGM Pharma, Chemos GmbH, Beckmann-Kenko GmbH, and AXO Industry SA.


Fatty Acid Ester of Ascorbic Acid Market Driven by Growing Food & Beverages, Pharmaceutical Industry

Global Fatty Acid Ester of Ascorbic Acid Market: Overview

Fatty acid ester of ascorbic acid comprises of an ester of palmitic acid and ascorbic acid. It is prepared synthetically and used in various applications in combination with alpha-Tocopherols. Fatty acid ester of ascorbic acid is used in products such as moisturizers, shampoo, tinned baby food, scotch eggs, sausages, pork pies, chicken stock cubes, and baby formula as a vitamin supplement, a color preservative, and as an antioxidant. The North America fatty acid ester of ascorbic acid market accounts for relatively high revenue share, followed by Western Europe fatty acid ester of ascorbic acid market.


Global Fatty Acid Ester of Ascorbic Acid Market: Dynamics

The important factor driving the global fatty acid ester of ascorbic acid market include growing industry such as food and beverages, personal care, and pharmaceutical across the globe. High demand for tinned baby food, baby formula, and nutraceuticals is also an important factor fuelling the global fatty acid ester of ascorbic acid market. The vitamin C is an essential factor for the cardiovascular system, immune system, healthy bones and teeth, and decreases the chances of occurrence of cancer due to its antioxidant property by lowering free radical formation in the body. This, in turn, resulted in driving the growth of global fatty acid ester of ascorbic acid market. The macroeconomic factors making a positive impact on the global fatty acid ester of ascorbic acid market include growing health consciousness of consumers, increasing population, changing consumer lifestyle, the rapid rate of urbanization, and increasing domestic income. The company manufacturing fatty acid ester of ascorbic acid products has a significant opportunity in regions such as North America, Europe, and Asia Pacific, attributed to high demand for food supplements over the forecast period. Companies have a significant opportunity in the global fatty acid ester of ascorbic acid market through collaboration with end-users i.e. food, supplement, and pharmaceutical product manufacturers.

Global Fatty Acid Ester of Ascorbic Acid Market: Regional Overview

By geographies, the global fatty acid ester of ascorbic acid 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 fatty acid ester of ascorbic acid market in terms of value, owing to a significant revenue share of nutraceuticals market. Western Europe is followed by North ASmerica in the global fatty acid ester of ascorbic acid market, attributed to rapidly rising demand for heath supplements across the region. The APEJ is expected to account for relatively high volume share in the global fatty acid ester of ascorbic acid market, owing to rapidly changing the lifestyle of the consumer and growing personal care market across the region. Eastern Europe and Japan also accounts for significant value share in the global fatty acid ester of ascorbic acid market. Latin America and Middle East Africa is expected to have a moderate opportunity for the fatty acid ester of ascorbic acid market, owing to growing economy. Overall, the outlook for the global fatty acid ester of ascorbic acid market will have a positive growth over the forecast period.


Global Fatty Acid Ester of Ascorbic Acid Market: Key Players


Few players of fatty acid ester of ascorbic acid market include Geo-Young Corporation, Foodchem International Corporation, Triveni Interchem Pvt. Ltd., Dongguan City Geen Food Technology Company, Camlin Fine Sciences Ltd., EFG ELBE Fetthandel GMBH, and Parchem fine & specialty chemicals.