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Thursday, 27 February 2020

Soybean meal Market - Global Industry Analysis and Forecast 2017 - 2027

Soybean meal is the highly nutritive meal for the farm animals, it is used as a feed for the farm animals like chicks, horse, sheep, pig, and fish. It has high protein content which is important for the health of the animals, it is the most used feed for livestock. It has been used as a standard for comparing the protein content of food products. It is approved in the United States as an ideal feed for livestock and its production has increased due to control over slaughterhouse by-product as feed and encouraged the use of soybean meal due to high protein content it has and thus, increase in demand as protein-rich source for livestock feed. Soybean meal market is forecasted to grow at the significant growth rate over near future due to its extremely high protein content which is around 47-49% of protein content and other nutritional contents like crude fiber.
Soybean meal market Segmentation
Soybean meal is segmented on the basis of the raw material as Organic and inorganic. Due to rising health concerns people are preferring organic soybean meals as organic products are good for health.
Soybean meal market is segmented on the basis of process of production as normal soybean meal, De-hulled [min 50% protein] Hipro Soybean meal, and De-hulled [min. 48% protein] Hipro Soybean meal, Defatted soya flour toasted, and de-fatted soya flakes toasted are available in the market. Normal soybean meal has low protein content than the De-hulled soybean meal which has around 45-46% of crude protein content. Hulls are by-product, therefore, are removed as they have no place in human food but are used for ruminants.
Soybean meal is segmented on the basis of application in food industry, beverage, dietary supplements, and healthcare products. In food market segment soymeal can be used for making soy-chunks and soy-granules. Flour of deflated soy is used to make nutritious biscuits. Isolates of protein from soymeal are used as protein drinks. Product from soymeal are healthy and nutritious thus market demand from food and beverage market segments is high. In healthcare products market segment, soymeal is used to make products having isoflavones which have chemical similarity to estrogen. Demand from dietary supplement market segment is higher as soymeal is used to make calcium, magnesium, iron, and folic acid rich supplements.
Soybean meal is segmented on the basis of distribution channel as supermarket, specialized stores, online stores and retail stores. Online stores are the most preferred mode of shopping for consumer and manufacturer as it is comfortable for both. Supermarkets also have gained good consumer base in last 10 years and are expected to grow at a significant rate.
Soybean meal market: Regional Outlook
Soybean meal market is segmented into five key regions as North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. In Asia-Pacific region, China and India are the biggest producer of soybean meal. In the North American region United States is the major producer of soybean is followed by European Region countries like Argentina and Brazil. The Soybean meal is exported all over the world as it is majorly used as livestock as feed and is also consumed by humans as a protein packed vegetable food source. Soybean market is expected to grow at the high rate and gain good revenue during the forecast period of 2017-2027.
Soybean meal market: Drivers and Trends
Soybean meal is forecasted to generate extremely good revenue during the period of 2017-2027 as it is packed with abundant protein content. It can be used as food for humans and livestock, used in healthcare products, and in the preparation of protein drinks. Owing to rising demand of soybean meal for the manufacture of protein supplements and feed for the livestock at high rate manufacturers are manufacturing and launching various new products of soybean meal having improved content of protein.  These factor the key drivers of this market and the demand is expected to increase with every passing year.  To match the increased demand manufacturers are making their strategies to stay the key player. Producing soymeal at a high rate due to the increasing demands is a restraint for the soybean meal market as production is limited. Increasing pet trend and pet health segment is another factor driving market demand for soybean meal market.
Soybean meal market: Key Players
The global key players identified during the global soybean meal market analysis are Gauri agrotech products pvt. ltd., Vippy Industries Ltd, Bonne vie soybean meal, Mukwano group, Ghana Nuts Company limited, and Granol. These are the biggest soybean meal key players who are manufacturing good quality of soybean meal for feed for livestock and food for humans. New market player entries are expected in the global soybean meal market, due to increasing demand from different segments.

Cornmeal Market Revenue to reach US$ 1.1 Bn by 2029

According to a new study by Transparency Market Research, the sales of cornmeal are expected to exceed 1.9 million tons in 2019, and record a Y-o-Y growth of ~3% in 2020. The growth of the cornmeal market is due to various factors such as variety of products available, cornmeal replacing white and wheat flour, nutritional benefits of cornmeal, and its increased incorporation in food products.
Rising Incidence of Celiac Disease Creating Demand for Gluten-free Alternatives
People suffering from celiac disease are unable to digest anything that contains wheat. The prevalence of celiac disease in people of all age groups has increased in recent times, with more than 1% of Americans being affected. The detection of celiac disease is more in developed countries. However, in North America, more than 97% of the people suffering from celiac disease are undiagnosed.
The food processing industry has initiated a shift to gluten-free alternatives to target this very consumer group. This has bolstered the growth of demand for cornmeal, especially in the bakery sector, where manufacturers have shifted to using cornmeal as a base ingredient instead of white flour or wheat flour, to target customers who cannot consume baked products made of wheat.
Stone-ground Milled Corn to Gain Traction among Millennials
Cornmeal made using the stone-ground milling technique is more popular, as it is perceived as an authentic product and is sold at a premium price. Despite the high cost, there is high demand for such premium products from millennial consumers. Although many manufacturers are producing cornmeal using advanced technologies and a generalized process, cornmeal produced using the stone-ground milling process is more popular.
Many traditional cornmeal mills that were closed a long time ago have been bought by new manufacturers to start producing stone-ground cornmeal. Adluh – Allen Bros Milling Company, McHargue’s Mill, etc., are a few such examples.
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Gluten-free Trend to Boost Usage of Cornmeal in Food Industry
The consumption of cornmeal has been high in the household sector, especially in Latin America, Africa, and South Asia. However, the demand for cornmeal in the food processing industry is increasing, as there are new applications for cornmeal in this industry. This is a result of consumers’ preference toward healthy food products, and trends such as gluten-free that influence consumer buying patterns. These factors have made it necessary for food processing manufacturers to select healthy ingredients instead of options that are merely economical, so as to increase their customer base. Thus, cornmeal is replacing all-purpose flour and wheat flour in the food processing industry as a healthy and cost-friendly ingredient, and is expected to gain traction in the foreseeable future.
Global Cornmeal Market: Competitive Landscape
Some of the key players operating in the global cornmeal market are Adluh – Allen Bros. Milling Company, Archer Daniels Midland Company, Anson Mills, Ltd., Bob’s Red Mill Natural Foods, Inc., Bunge Ltd., Cargill Inc., Dover Corn Products, Ltd., General Mills, Inc., Goya Foods, Inc., Grain Millers, Inc., Hometown Food Company, Nunn Milling Co., The Quaker Oats Company, and many more.

Wednesday, 26 February 2020

Vegetable Butters Market Estimated to Expand at a Robust CAGR by 2028

Vegetable Butters Market Outlook
Vegetable butter is the most healthy and best alternative for traditional butter which is high in saturated fat and is the prime cause behind the onset of various diseases, among which the most highlighted one is diseases related to heart and high blood pressure. Whereas, vegetable butter is low in fat and contains beneficial mono and polyunsaturated fats. As the vegetable butter is made out of vegetable fats, these fats are very nutritious and contain blends of various healthy minerals, vitamins, and antioxidants that enrich the body and helps to body to meet its nutritional demand. Vegetable butter can be used as a healthy alternative for toppings your bread instead of jams and chocolate spreads. The vegetable butter market is in its growing phase and is looked upon by many industrialists as a revolutionary product in the field of butter industry, as the myth of not using butter owing to its unhealthy fat producing reason is now solved by the evolution of vegetable-based butter. Many industrialists are spending their hard-earned huge chunks into the vegetable butter industry’s research and development field so, that the quality and nutritional value of vegetable butter could be increased to a much larger extent.
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Health As Well As the Growth in Cosmetics Industry Has Led To Increasing the Demand of Vegetable Butters
The vegetable market is growing tremendously owing to the health benefits and its use in the cosmetics industry. These two are the major factors responsible for driving the global vegetable market. The use of vegetable butter in cosmetics industry is increasing day by day as, they are one of the best moisturizers and helps to protect the skin against harmful properties of sun and nourishes the skin with nutrition’s that are healthy and at the same time important for the keeping the skin the skin look hydrated and nourished throughout the day. Vegetable butter is also used in making hair, spa, and aromatherapy and massage formulations owing to its health-related properties. They are also useful in providing rigidity to lip-balm and body-balm as they are very viscous. All these properties of vegetable butter make it very popular and attractive among the consumers as well as the manufacturers.
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Vegetable Butter Market: Regional Analysis
The vegetable butter market is expanding globally. Especially in North America, South and East Asia owing to the increasing health-conscious demo graphs in these regions. The trend of shifting towards organic and natural products are primarily responsible for elevating the global market for vegetable butter. These regions are majorly estimated to experience market growth shortly as the number of smart consumers is increasing in these regions. Moreover, the inclusion of natural and plant-based products in cosmetics has started primarily in these regions.
Vegetable Butter Market: Key Participants
The key players in the global Vegetable Butter market are:
  • SanaBio GmbH
  • OLVEA
  • Natural Sourcing, LLC
  • IMCD
  • TERRA FOOD
  • AAK AB
  • Royal VIV Buisman
  • Hallstar
  • SPX Corporation
  • Interfood

Rice Syrup Market is Expected grow at a CAGR of 3.8% over 2019-2027

The global rice syrup market is expected to experience steady growth, according to analysts at Transparency Market Research (TMR). Key worldwide production companies and product developers processing rice syrup focus on decreasing the concentration of arsenic by means of sophisticated methods of refining, without decreasing dietary importance. Because of increasing consumer demand, manufacturers are more likely to process organic rice syrup. The good alternative to honey by vegan customers is increasingly consumed with rice syrup.
New products containing naturally-occurring ingredients, such as rice syrup, are expected to start on the international rice syrup market, which is an significant trend for providers in this age.
Backward integration between producers and distributors of raw materials would enhance quality and profit margins and offer producers competitive benefits. Companies such as Habib-ADM Limited have also concluded long-term farmer contracts. It allows businesses to use their patent technology to create high-quality rice and thus improve the quality of rice syrup with an economic cost.
Prominent vendors in the global rice syrup market are Matco Foods Limited, Windmill Organics Ltd., Habib-ADM Limited, Wuhu Deli Foods Co., California Natural Products Inc., and Axiom Foods, Inc.
During the forecast era, the worldwide rice syrup market is expected to record a CAGR value of 3.8%. Rice syrups are also used to dress and decorate these foodstuffs to attract customers in the food services sector. Asia Pacific has a substantial annual growth rate in the worldwide rice syrup industry, as processed foods with natural components are increasingly consumed, and as a result, variables, like favorable trade policies and laws are favorable. Asia Pacific is predicted to see an important growth rate of 4.8 percent in the rice syrup industry over the forecast period.
Trend of Clean Label Foods to Bolster Rice Syrup Market
In latest years, demand for clean label food has grown significantly worldwide. The development of clean-label food products is underpinned by increased customer awareness of the health advantages of products containing organic components. Because clean label products are manufactured and minimally processed without the addition of excessive artificial ingredients and chemicals, customers are keenly interested in these, which are among the main drivers of the worldwide economy in rice sinks. Furthermore, the increasing trend for clarified organic rice syrup and increased knowledge of the health are caused by the increasing health issues among the millennial and the young generation.
Demand from Infant Formulae to Boost Opportunity
Breast milk is the vital milk for children since it enables a child to construct its immune system by providing the immunoglobulins needed. For the first six months, the WHO proposes exclusive breastfeeding and continuous breastfeeding as much as possible. In latest years, rice syrup has been progressively used as a safe option to better digestion in infant nutrition. Brown rice syrup can also contribute to the treatment of watery stools in babies by improving the numbness and nutrition of children. As such, rice syrup will be more likely during the forecast period in infant formulas.

Pea Starch Market is expected to rise at a CAGR of 7.5% during 2028-2027

On the basis of a recently published report by Transparency Market Research, titled, ‘Pea starch Market: Global Industry Analysis and Opportunity Assessment 2018-2027′ the overall revenue generated from the pea starch market is anticipated to be valued at somewhere around US$ 101.9 Mn in 2018, which is expected to rise at a CAGR of 7.5% throughout the forecast period (2018-2027).
North America’s Pea Starch Consumption Accounts for over 25% of Global Market Value
In the global pea starch market, the demand of pea starch is increasing owing to reasons such as increasing gluten susceptible population and increasing demand of processed food in the global food and beverage market. According to a data from Ingredion Inc., 11 million people suffer from celiac disease and more than 70 million suffer from wheat intolerance. Along with the mentioned factors the demand of the pea starch is increasing in other sectors such as pharmaceutical and cosmetic industry.
On the basis of geography, North America and Europe holds the major share, in terms of value and volume. North America holds a prominent value share of 27.9% in the global pea market. Also, regions such as Latin America and Europe are expected to register significant growth, where Asia Pacific is anticipated to register the highest growth in the pea starch market, owing to increasing global presence of key players of different industries.
In Asia Pacific, the demand for pea starch is gaining the traction from the India, Australia, New Zealand and ASEAN countries, where various global players are significantly invested over the past few years. Major players in the pea starch market are focused on geographical and capacity expansion. Furthermore, companies are increasingly focusing on offering cost effective solutions for applications such as dairy products and processed meat products.
Manufacturers in the region are also showing their keen interest in utilizing pea starch in their final products. With the increasing demand of pea starch in the global starch market, it can be expected that the demand of pea starch will increase over the forecast period.
Growing Consumption of Convenience Food Products Creating Profitable Opportunities for Pea Starch Manufacturers
Pea starch is used in various ready-to-mix & eat products such as bakery products, curry and dessert mixes. Gelling, binding, and thickening of starch varies according to the ratio of amylose and amylopectin. Thus, it finds various applications in convenience food products.
Baked goods with pea starch have good texture and characteristics without gluten.
Instant coffee & tea uses maltodextrin to ensure free flow of granules
Growing consumption of convenience food across the globe is anticipated to drive growth of corn starch market
Global sales of ready-to-mix food is anticipated to grow 2.3X during 2014–2020, exhibiting a double-digit CAGR during this period.
Rising number of controversies associated with GMO crops is influencing consumers to opt for products with clean label ingredients. In May 2016, Bunge Limited—an agribusiness and food company—launched non-GMO corn product line in order to cater to growing demand for clean label products
Pea starch Market: Competition Dashboard
TMR has profiled some of the prominent companies active in the pea starch market, such as Axiom Foods, Inc., Puris Foods, Vestkorn Milling AS, Roquette Freres, Emsland Group, Meelunie B.V., The Scoular Company, AGT Food and Ingredients, Felleskjøpet Rogaland Agder, Cosucra Groupe Warconing SA, Yantai Oreintal Protein Tech Co., Shandong Jianyuan Group, Dakota Dry Bean, and Parrish Heimbecker, ltd., and others.
This report contains detailed insights of the current market opportunities, drivers, trends that are driving the pea starch market over the forecast period. The report also offers detailed information in a comprehensive and comparative dashboard about the key players operating in the global pea starch market. In addition, it also includes key strategies, developments and their product offering in the market.

Tangerine Essential Oil Market will rise at a CAGR of 3.9% during 2018-2027 - TMR

On the basis of a recently published report by Transparency Market Research, titled, ‘Tangerine Essential Oil Market: Global Industry Analysis and Opportunity Assessment 2018-2027’, the overall revenue generated from the tangerine essential oil market is anticipated to be valued at somewhere around US$ 188.2 Mn in 2018, which is expected to rise at a CAGR of 3.9% throughout the forecast period (2018-2027).
Over the last few decades, there has been subtle growth in the demand for tangerine essential oil in the global essential oil market, owing to the increase in the application of tangerine essential oil in food and beverage products. The escalating demand for vibrant flavors in convenient food products is also fueling the demand for tangerine essential oil. The surge in demand for natural ingredients in cosmetics and personal care products is contributing to the increasing demand for tangerine essential oil among manufacturers.
In addition, the application of tangerine essential oil in aromatherapy is one of the upcoming fields, where essential oil is gaining strong demand from the health-conscious population. The increasing demand for tangerine essential oil as a natural ingredient in the cosmetics and beverage industries is also increasing the demand for tangerine essential oil in the global essential oil market. In the global tangerine essential oil market, Europe holds a prominent share, i.e. 35% value share of the consumption of tangerine essential oil.
North America and Europe have a major share in the production of tangerine and tangerine essential oil in the world. On the basis of our analysis, the market in Asia Pacific is expected to grow at a high rate, owing to factors such as rapid establishment of industries and increasing footprint of global players in the region. Many industrialists and food manufacturers are showing their keen interest in using tangerine essential oil in their products and recipes. With the increasing demand for tangerine essential oil in various sectors, it is expected that the overall demand for tangerine essential oil will increase over the forecast period.
Application of Haitian Vetiver Oil in Anti-aging Cosmetics Creating New Growth Avenues
Customers are always seeking novel treatment options to reduce the signs of aging. The expectation of customers from treatment usually tends to be multipurpose, necessitating the demand for treatments to address multiple concerns. Aesthetic practitioners across the globe are adopting novel methods of improving skin quality and preventing skin damage.
Tangerine essential oil has various health benefits, such as it is found to be helpful for skin health, immune health, and stress-related diseases. Tangerine essential oil is excellent in the treatment of depression, debility, and insomnia. In addition, tangerine essential oil also helps in boosting metabolism, which has a direct connection between the most common obesity problems. Owing to many health benefits, perfume and cosmetic manufacturers are using tangerine essential oil in their products to cater to the demand from the growing health consciousness population.
Tangerine Essential Oil Market: Competition Dashboard
TMR has profiled some of the prominent companies active in the tangerine essential oil market, such as NOW Health Group, Inc., doTERRA International, LLC, Lionel Hitchen Essential Oils Ltd., Lebermuth, Inc., Eden Botanicals, Vigon International, Frutarom, Symrise AG, Berje Inc., Citrus and Allied Essences Ltd, Firmenich SA, Young Living Essential Oils LC, Mountain Rose Herbs, Inc., The Essential Oil Company, Ultra International B.V, and others.
Key Insights into the Tangerine Essential Oil Market
The report explores the global tangerine essential oil market regarding the current market drivers, trends, and opportunities that are expected to affect the market during the period 2018–2027. Yet another key feature of this report is the competitive landscape of many key players involved in the tangerine essential oil market in a comprehensive and comparative dashboard. In addition, key developments and strategies are also enlisted, which can give an idea for growth and development.

Mycotoxin Binders Market to rise at a healthy 5.5% CAGR over 2018-2026 - TMR

As the amount of disposable income continues to increase among urban populations residing in the metropolitan areas across the world, the food industry is flourishing. And, as a result, the demand for poultry products is on the rise. For a profitable yield from a farm, the organizations have to maintain a quality diet with nutrients for the pigs. Mycotoxin binders are now replacing mold inhibitors as they lack effectiveness, while the former can be added to the diet of the pigs to avoid them from absorbing toxins found in the feed.
The analyst of the TMR report has detected that major players operating in the mycotoxin binders market are focused on enhancing their product portfolio, which helps them cater to a wider range of end users. And to create a niche, major players such as Bayer, BASF, E.I. du Pont, Cargill, Syngenta International, Kemin Industries, Impextraco, Nutreco, Novus International, and Biomin are investing heavily on research and development activities.
Based on product type, the TMR report has segmented the mycotoxin binders market into adsorbents and denaturants. The adsorbents are sub-segmented into activated charcoal, Aluminosilicates, clays, chemically treated silicates, chemical polymers and glucan products, whereas the denaturants is sub-segmented into mycotoxin degrading enzymes, live microorganism and organic binders. The animal types that have been evaluated for their demand potential are: equine, pet, aquatic animals, ruminant, swine and poultry.
Based on nature, the mycotoxin binders market is segmented into organic and inorganic. Geographically, Asia Pacific has been foreseen as the region that will cultivate the most prominent chunk of demand in the global mycotoxin binders market. This rise of the APAC mycotoxin binders market can be attributed to growing awareness regarding the benefits and return of investment by farm organizations.
Often, as a result of fungi and insect infestation, the plant-based raw materials of animal feed lose their nutritious values, which can be adequately sufficed by mycotoxin binders, and hence a flourishing market for the same. As the awareness regarding the benefits of this additives expands, more and more farm owners are investing on mycotoxin binders in order to prevent their animals from contaminated feed, which in turn improves their meat quality. Across the world, the trend in the food industry is organic products, and usage of mycotoxin binders passes the requirements too.
Growing incidences of mycotoxin occurrence in crops, increase in the consumption of animal-based products, and high expectation from the current R&D activities to increment application horizons are some of the other factors expected to augment the demand in the mycotoxin binders market in the near future. On the other hand, lower penetration rate in a number of emerging economies is curtailing the market from performing at its optimum potential.