Aquaculture Market Players Focusing on Better Nutrition & Feeding Technologies for Enhanced Yield

Transparency Market Research (TMR) delivers key insights on the global aquaculture market in its upcoming outlook titled, “Aquaculture Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2027”. In terms of value, the global aquaculture market is projected to register a healthy CAGR of 2.3% during the forecast period due to various factors, regarding which TMR offers vital insights in detail.

The farming and harvesting of aquatic species in aquaculture influence the growth and quality of the overall species. Aquaculture promotes the fast growth and hygiene of plants and animals no matter if they are fishes, molluscs, Crustaceans, Seaweeds, Algae, and other micro-organisms which indirectly helps in meeting the rising consumer demand for various types of food and extracted food products. Hence, this one critical factor helps in driving the demand for aquaculture market.

Owing to the surging demand for aquaculture products, major farmers and harvesters are looking out for solutions, technology and have been looking out for ways on improving their production capacity in order to meet the increasing demand for various types of fish, shellfish, and aquatic plants. As a result, several farmers and harvesters have been using better nutrition and feeding technologies for the better growth of species.

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The product type segmentation form a significant raise in the fish prices per year, and are being expected to grow at a significant rate over the forecast period. The overall aquaculture provides farmers and harvesters huge opportunities at the global level as it provides high revenues in the market. The market is also acting as an employment generator across the world. Due to these results, several key organizations and government of the particular region together have been taking necessary steps such as adopting latest technologies, improving rural aquaculture market and solutions to improve the quantity as well as the quality of the species, products and related food. They are also making use of intensively closed farming and harvesting systems for export production to increase the overall export market.

There is an increased demand in the ready to eat, canned and processed fish products in developed and developing countries due to fast paced lifestyle. Also, there is a rise in the global market of fish and related products sold through the retail chain and fast food services as a consequence of increase in the ease and speed of food preparation in the urban area. The farmers and harvesters across the globe have significantly reduced the use of antibiotics and chemicals in the fish farming and feeding.

This aquaculture market report covers positive factors and trends which are driving every segment and provides global market analysis and understanding of the potential of the overall aquaculture market in the specified regions such as APAC. North America is anticipated to witness heightened growth rates over the forecast period and is also forecasted to stand as one of the largest market throughout 2027. The market attractiveness analysis shows that, European and North American regions are comparatively engaging marketplaces in the aquaculture market.

Apple Cider Vinegar Market Growing At 6% CAGR Poised For Market Over 2019-2027: TMR

Gone are the days when apple cider vinegar was only known for its benefits in facilitating weight loss and maintaining blood-sugar balance. While apple cider vinegar is one of the most commonly used ingredient in natural remedies as well as food products, manufacturers are exploring ways to broaden the width of its end-uses and industrial applications.

Apple cider vinegar sales have increased by around 4% per annum since 2015, reaching US$ 836 million in 2018, and dynamics of apple cider vinegar market have ceased to revolve around its health-promoting properties. Marketing campaigns to promote apple cider vinegar as the secret of celebrities and popular health fanatics will continue to remain on the cards for market players. However, in the future, apple cider vinegar manufacturers are likely to expand their horizons by launching products to appeal to the young demographic, which resonates not only with their health aspirations but encompasses wider elements pertaining to beauty and personal care.

There is enormous untapped potential for apple cider vinegar in sectors other than the traditional streams—health & wellness, and food & beverage. Leading players in the apple cider vinegar market are foraying into pharmaceuticals, personal care & cosmetics, and dietary supplements.

Personal care & cosmetics industry is emerging as one of the fastest-growing end-use segment for the apple cider vinegar industry. Manufacturers are capitalizing on consumer inclination towards natural ingredients in cosmetics and personal care products. Apple cider vinegar is also becoming an integral part of consumers’ skin and health care beauty regimes, which creates new opportunities in the personal care & cosmetics industry.

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Manufacturers are exploring ways to improve functional characteristics as well as the taste of conventional apple cider vinegar by introducing innovative flavors. The trend of introducing novel ingredients, such as green tea, ginger, and walnuts, in apple cider vinegar is purveying among market players as specialty beverages with functional ingredients are gaining immense popularity. These innovations in the apple cider vinegar market are in sync with broader trends impacting the food & beverage sector, notably the spurt in veganism and growing consumer preference for natural and clean label.

Growing consumer inclination towards health and wellness products has led to market fragmentation and pricing pressures. Apple cider vinegar market players are tinkering with their product and marketing strategies to maintain their respective market shares. From mergers & acquisitions to effective marketing communications, the apple cider vinegar market players are likely to pull out all the stops in the near future.

Global giants in the food & beverage industry, such as PepsiCo Inc. and The Kraft Heinz Company, are prioritizing merger & acquisition-based strategy in lieu of investing in their own production facilities. Large companies are also wielding their influence in the global beverage industry to collaborate with small businesses in the apple cider vinegar landscape and expand their geographical footprint.

Increased Investment By Pharmaceuticals Company Boosts Plant Growth Regulators Market

Plant growth regulators refer to thosecountless chemical substances that greatly influence the differentiation and growth of plant organs, cells,and tissues. Plant growth regulators operate as chemical messengers for intercellular communication. They are also known as plant hormones.

In the recent times, plant growth regulators have been gaining traction, particularly in economies driven by agriculture, as bio-inhibitors or bio-stimulants that alter the physiological processes of plants. With time, as agriculture gets more mechanized, automated and scientific progress ensures the chances of using novel inputs to augment production, the need for plant growth regulators is likely to escalate.

Few of the most renowned vendors that are operating in the global plant growth regulators market are Arysta LifeScience Corporation, Valent Bioscience Corporation, Sumitomo Chemical Co. Ltd, Adama Agricultural Solutions Ltd, Redox Industries Limited, and TATA Chemicals. The vendor landscape of the plant growth regulators market has experienced a perfect equilibrium between the dominance of emerging and leading players, with each group collectively accounting for around 35-45% shares.

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On the other hand, local manufacturers of plant growth regulators have been finding it expand their foothold and to eat into the existing shares of their prominent competitors. These local players areholding marginal market share. In a bid to continue with their current position in the market, the prominent manufacturers of plant growth regulators will continue to make optimum usage of those strategies such asjoint ventures with government organizations,research & development investments, and development of innovative products.

Transparency Market Research predicts that the global plant growth regulators marketis anticipated to rise at a robust growth over the timeframe of forecast.In terms of revenue, the global plant growth regulators market is likely to show significant growth in the forecast timeframe of 2018 to 2026. The market is estimated to touch the milestone of around US$5.5 billion over the period of forecast.

The burgeoning demand for organically produced goodsis estimated to escalate the requirement for plant growth regulators over period of forecast, 2018 to 2026. Because of this, the effect on global plant growth regulators market will be positive thereby inducing further growth of the market in the years to come. Currently, numerouspharmaceutical companies are making huge amount of investment research and development activities for medicine extracted from plants to meet the growing need for herbal medicines. With the progress of technology in the fields of biotechnology and medicine, manufacturers are more interested in developing disease-sepcificplant growth regulators. As edible vaccines makes foray into the market, it is expected that the growth of the global plant growth regulators market will witness further growth.

Fish-free Omega-3 Ingredients Market Value to Reach ~ US$ 1.3 Bn in 2029: TMR

Spurred by the growing health awareness among consumers, a variety of fish, including salmon and mackerel, have gained popularity as the best source of omega-3 fatty acids, which are an essential part of a healthy diet. However, the mounting wave of veganism and the burgeoning number of consumers shifting to vegetarian diets are among the critical factors increasing the hunt for vegetarian sources of omega-3 fatty acids.

With a wide range of vegetarian foods that source omega-3 and its magnified demand, fish-free omega-3 ingredients are moving from a niche product towards becoming a billion-dollar industry. Consumer awareness about the body’s need for essential fatty acids, including omega-3-6-9 fatty acids, is growing, and this is creating the potential for innovation in the fish-free omega-3 ingredients space.

Taking into consideration the bioavailability and health benefits of vegetarian sources of omega-3 fatty acids, Transparency Market Research (TMR) conducted a thorough research to reach the growth prospects of the fish-free omega-3 ingredients landscape. In its latest offering, TMR features exclusive, actionable insights for stakeholders and investors in this market to leverage the profitability of fish-free omega-3 ingredients.

The food & beverage industry has been undergoing health-driven transformations with increasing consumer awareness about a health-benefitting diets. Consumers’ knowledge about healthy dietary habits is going beyond the benefits of omega-3s and importance of balancing omega-3 and omega-6 acids in a diet. The interest is shifting from the type to the source of omega fatty acids across the health-conscious consumer base around the world, which is shaping the future of the market for plant-based omega-3 ingredients.

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The increasing popularity of plant-based and vegetarian ingredients across the food industry has been bolstering the growth of the fish-free omega-3 ingredients landscape. In 2018, the market witnessed a 6.5% year-over-year growth over 2017, recording a sales of ~35 thousand MT, and reaching a market valuation of US$ 550 million. With ongoing innovations in both, bio-based sources of omega-3 fatty acids and manufacturing procedures, the fish-free omega-3 ingredients market is expected to witness incremental growth in the coming years.

Stakeholders are expected to continue to bank on the growing population of vegan consumers and preference for algae- or plant-based omega-3 ingredients to maintain the momentum. However, slow regulatory approvals will remain a primary challenge for market players, as they will continue to make it difficult for manufacturers to offer competitive prices and delay their products from reaching the fish-free omega-3 ingredients market.

Nevertheless, the ongoing trend of substituting krill oil in omega-3 dietary supplements with vegetarian algae oil will continue to support the growth of the fish-free omega-3 ingredients landscape in the foreseeable future.

The ever-growing demand for herbal and nutritional dietary supplements is mainly attributed to the heightened consumer interest in preventive health, and the need for adding essential nutrients and vitamins to the everyday diet. With consumers realizing the value of good health, the global sales of dietary supplements have reached new heights in the past decade. In addition, the rise of the self-directed consumer base, which believes in self-help and making health-related decisions without professional help, has fostered the growth of the dietary supplements industry.

Meat Extract Market to Reach a Value of ~ US$ 2.5 Bn by 2029

The latest market estimate report published by Transparency Market Research on the global meat extract market includes a global industry analysis and opportunity assessment of the global meat extract market for the period of 2019-2029. Revenue generated from the global meat extract market has been estimated to reach a valuation of ~ US$ 1.2 Bn in 2019, which is projected to increase at a CAGR of ~ 8%during the forecast period. The global meat extract market is projected to reach a value of ~ US$ 2.5 Bn by 2029.

Meat Extract Market: Growing Demand for High Protein Snacks

Meat snack products fit neatly into two growing consumer trends – salty, snackable meals, and protein-packed snack products. Meat-based snacks are as popular as cheese and popcorn, especially in the Americas and Europe. With the growing population of health-conscious consumers across the globe, the demand for protein-rich food products is showing an upward trend. Meat extract is usually used in snack products to give them taste and texture similar to meat. The usage of meat extract also increases the nutritional value of the end product.

Meat Extract Market: Higher Nutritional Content and Associated Benefits

Meat extract contains many vitamins and minerals, apart from high protein content. Health-conscious consumers prefer meat extract-based products due to the presence of vitamin B12, zinc, selenium, iron, and other vitamins & minerals. Animal-derived foods are the only good dietary sources of vitamin B12, an essential nutrient that is important for blood formation and the well-being of the nervous system.

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Meat Extract Market: Rising Demand for Additive-Free, Chemical-Free, & Non-GMO Meat Products

Awareness among the millennial population towards the negative impacts of food additives, chemicals, antibiotics, etc., on the health, is increasing. Millennials are expected to demand meat extract-based products on a large scale, as they make more purchases of natural and organic products as compared to other segments. For instance, according to U.S. Census Bureau, in 2015, the population of millennials exceeded that of baby boomers, as such, making them an important demographic segment for key players.

Usage of Meat Extract in Convenience and Processed Foods

Growing health & wellness awareness and increasing preference for processed food products with reduced fat and reduced sugar & salt content are some of the factors expected to compel producers of food & beverages to reconsider their current marketing practices and implement new techniques to improve their revenue in the meat extract market. WHO has presented an international approach on exercising, physical activities, balanced diet, improved lifestyle, and other health issues, which delivers an assured approval to food & beverage products that comprise quantified levels of salt, free sugars, saturated fats, and other trans-fat in prevailing products.

In North America, the new generation and the millennial demographic devours a large share of convenience, ready-to-eat, and other processed food products, which are generally made from beef. Feasting on takeaway food has also increased significantly due to its convenience, which is further projected to drive the development of the meat extract market during the forecast period

Xylose Market To Reach A Value Of ~ US$ 2.9 Bn By 2029: TMR

The latest market estimate report published by Transparency Market Research on the global xylose market includes global industry analysis and opportunity assessment of the global xylose juice market for 2019-2029. Revenue generated from the global xylose market has been estimated to be valued at ~ US$ 1.6 Bn in 2019, which is projected to increase at a CAGR of ~ 6%. The global xylose market is projected to reach ~ US$ 2.9 Bn by 2029.

The food and beverage industry is experiencing a rapid growth rate, due to the growing population and rising demand. Manufacturers are introducing a variety of products in the market that promise better health benefits and better quality than the existing ones. The competition in the industry has intensified with the increasing demand, and the industry is toiling to cater to the varied demands of consumers. Consumers, these days, are inclined more towards plant-derived products and natural sweeteners. Industries are now using xylose as a flavoring agent in food products and beverages.

Global GDP is expected to rise, owing to the increasing per capita income and advancements in the lifestyles of people. People now prefer food and beverages that provide multiple benefits in one go. Hence, people’s preference for convenience is escalating the growth of the xylose market. Growing public demand for natural sweeteners is escalating the production of xylose, and manufacturers are introducing a wide variety of products in the market that are further increasing GDP, as such, boosting the sales of xylose.

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Consumer concerns over conventional sweeteners are rising due to rising healthcare awareness. Consumers prefer products that have high nutritional and functional value. The use of conventional sugar has lessened over the years, and the demand for diabetic sweeteners is rising, as these can help maintain low glycemic index and cholesterol levels.

Consumers are more aware of the nutrition and ingredient content of food when deciding what they want to consume. Food manufacturers could encourage these practices of consumers and focus on clean labels that indicate the nutrients and ingredients in their products. These labels will help consumers choose products wisely.

The restraining factor for the xylose market is the slow regulatory approval for health claims. There are various steps involved for any organic product to be approved for application and use, which include the discovery and development process that begins in the laboratory. Certifications assure consumers about the quality of the product, and avoid any health-related conflicts. A product should be approved for selling in the market by various organizations such as the FDA and other local regulatory bodies. To sanction any health claim and certification, the wait is quite long, which hampers the growth of the xylose market, significantly.

Mezcal Market to Reach a Valuation of ~USS 738 Mn by 2027

The number of individuals consuming alcohol is increasing rapidly every year, owing to the belief that it relaxes the body and mind. Along with this, social media plays a very vital role in influencing people into consuming mezcal market. Manufacturers are continuously focusing on launching mezcal in new and exciting flavors, and also blending the drink with other traditional spices to attract more curious consumers, which is anticipated to increase the demand for mezcal over the forecast period.

The global mezcal market was valued at ~US$ 242 Mn in 2018, and is projected to increase at a CAGR of ~13% between the forecast period of 2019-2027. This growth is majorly driven by the collective consumption of mescal-based beverages by people. Also, the rising demand for organic and natural ingredients in the beverage industry is driving the growth of the mezcal market.

APEJ Market Attractiveness Rising with Awareness about the Product

Regions such as North America and Europe are expected to hold significant market shares in terms of value. However, the APEJ market is expected to project profitable growth in the global mezcal market over the forecast period of 2019-2027. This growth is enhanced by the shift in the choice of beverages among APEJ consumers. They are inculcating the eating habits of Western people, which has led to a shift from healthy traditional diets to high carb diets, resulting in more people suffering from cardiovascular and obesity-related diseases.

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Furthermore, macroeconomic factors such as urbanization, growing population, and rapid industrialization in APEJ have boosted the confidence of investors in the mezcal market. Also, as consumers are becoming smart and more aware of the benefits of the consumption of mezcal over other alcoholic beverages, which is projected to witness high growth over the forecast period.

Applications in Adult Soft Drinks Leveraging Market Growth

Mezcal is utilized and consumed as it is an excellent alternative to other alcoholic beverages. Other alcoholic beverages are not as refreshing and lack the variety in flavors that mezcal provides. Owing to these properties, the mezcal market is experiencing a great shift. As mezcal comes in a variety of flavors and tastes, it gives liberty to consumers in terms of serving size and time. Mezcal has certain ingredients that make it soothing and pleasant to drink. Usually, it is spicy ginger, chili pepper, turmeric or an exceptional combination of specific herbs to increase the medicinal property of the drink. These drinks are carbonated, which means the taste is both, tingling and refreshing at the same time.