Global Prebiotics Market to Display 5.2% CAGR from 2013 to 2019, Increasing Health-consciousness Propels Market

Transparency Market Research presents a comprehensive study of the global prebiotics market in a report titled “Prebiotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.” The report examines the market in a ground-up manner, presenting a detailed account of vital indicators such as drivers, challenges, and trends that will have an impact on the said market across North America, Asia Pacific, Europe, and Rest of the World for the 2013-2019 period.

According to the report’s findings, the global prebiotics market was valued at US$11.2 bn in 2012. Registering a modest CAGR of 5.2% between 2013 and 2019, the market will reach a valuation of US$15.9 bn by 2019.

The report says that changing lifestyles and increasing consumer awareness about gut health are driving the prebiotics market over the last couple of years. As consumers seek a healthier and improved lifestyle, they are becoming more conscious about the ingredients present in their diet. Of the many vital ingredients, prebiotics will witness significant demand due to their numerous health benefits.

Prebiotics are fibers that act as food for beneficial bacteria in the human gut. Found in both natural foods and artificial supplements, prebiotics are used for increased immunity, to reduce digestive problems, and overall well-being. Some natural sources of prebiotics are chicory root, wheat bran, artichokes, wheat flour, banana, onion, garlic, asparagus, and leek. Artificial sources of prebiotics include confectioneries, cereals, breads, functional beverages, table spreads, yogurts, and biscuits.

Prebiotics are increasingly being used in dairy products, which serves as a lucrative area for manufacturers. However, the high cost involved in the research and development of ingredients and strict regulations in place for labeling and registration of new ingredients will hamper the market’s growth.

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Geographically, Europe stands as a significant market for prebiotics due to the presence of a health-conscious population. In this region, continuous introduction of newer products to keep up with the rising demand for prebiotics from the health-conscious society is common. Increasing awareness about the health benefits of prebiotics and the rising awareness about digestive health are bolstering growth of the Europe prebiotics market.

The report mentions and profiles top players that operate in the global prebiotics market. These are GTC Nutrition, Clasado Ltd., Weetabix, Cargill Inc., Yakult Honsha Co. Ltd., Stonyfield Farm, Roquette America Inc., Royal Cosun, Kraft Foods Inc., Sensus, Beneo-Orafti SA, Cosucra Groupe Warcoing SA, Solvay Pharmaceticals SA, Beghin Meiji, Jarrow, Parmalat S.p.A, and FrieslandCampina Domo. Each of the companies is profiled for attributes of product portfolio, business strategies, financials, recent developments, and SWOTs.

Rising Consumer Demand for Natural and Healthy Bread and Baked Food Products Enables Market to Reach US$310 bn by 2016

The global bread and baked food market has become an integral part of most common consumers, especially for snacks and breakfast in many countries. The market comprises of biscuits, bread, cakes, cookies, scones, pastries, and others. The market for bread is further segmented into white bread and brown bread. Bread and baked food products, which were once considered as a sick man’s diet, have now become essential food items among a vast population across the globe. These food products are growing popular in regions where rice has been the staple food for years.

Bread and Baked Food Market – A Complete Insight

The bread and baked food market has shown an impressive recovery in recent years. The market has witnessed strong growth due to various factors such as convenience, affordability, and health benefits of bread and baked food. Discussed below are some of the main trends expected to push the market to US$310 bn before 2016.

Key Growth Factors

Some of the major growth factors regarding the high consumer preference for bakery products are the availability of food items at reasonable costs, rising urbanization resulting in an increased demand for ready-to-eat convenient products, and availability of a variety of food products with different textures and tastes.

The constantly changing consumer preference in terms of food consumption has encouraged leading players in this market to invest substantially in product innovation. The ever-changing taste palettes of the consumers and the demand for healthy food products from them have prompted leading vendors to introduce innovative products and new baked food ingredients on the market.

Shift towards Fresh and Healthy Baked Products Helping Market

Worldwide, consumers are continuously looking out for improved, healthier, and quicker ways to buy bread and baked food products at their convenience and price. As busy work schedules are leaving little time for people to prepare proper meals, bread and baked snack products such as wraps, burgers, sandwiches, and rolls have become an easy alternatives to regular meals. However, these food products have always been targeted as the root of many health problems and thus, consumers’ preferences are changing rapidly towards natural and healthier food.

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In most regions of the world, there has been a noticeable shift from consuming unhealthy food products to natural and healthy baked products. This trend is expected to gain strength in the coming years. Nowadays, the freshness of bread and baked food types is the main factor for consumers while buying bread and baked products. The rising focus on fresh and nutritious food products has spurred bakeries to provide high-quality bakery ingredients and healthy baked products at attractive prices.

Improved Bread and Baked Products on the Market are a Source of Natural Nutrition

Natural baked food products have essential fibers and vitamins necessary for health of the consumer. The growing health and diet concerns among people are pushing the consumption of brown bread. Considering the bread market, the white bread market takes up a larger market share in the bread and baked food market in comparison to brown bread.

Phytosterols Market to Rise due to Consumers Inclination towards a Healthy Lifestyle

Phytosterols are steroid compounds and are very similar to cholesterol. They are found in plants and are naturally present in oils, pulses, and dried fruits. They can’t be synthesized by animals and humans and this is why they need to be a part of human diet. Phytosterols comprise a chemical structure just like cholesterol, but phytosterols’ absorption in the human body is much less as compared to cholesterol. In terms of application, the global phytosterols market is segmented into pharmaceuticals, food ingredients, and cosmetics. They are broadly utilized as food additives in various beverages and foods, such as sausages, yoghurt, milk, bakery products, cold cuts, spreads, margarines, etc.

Consumer Awareness on Health Benefits of Phytosterols to Boost Global Phytosterols Market

There are a number of factors accelerating the demand for phytosterols, such as the increasing occurrence of deaths owing to cardiovascular diseases, particularly in emerging regions such as Asia Pacific. In addition, consumer awareness on health and wellness and resultant inclination towards a healthy lifestyle is further stimulating the demand for phytosterols. The favorable regulatory scenario in several countries is also promoting their utilization within nutraceuticals and functional food and this is predicted to have a positive impact on the phytosterols market in the coming years.

B-Sitosterol Led Phytosterols Market due to Extensive Source Availability

On the basis of product type, the phytosterols market is segmented into B-sitosterol, stigmasterol, campesterol, and others. Amongst these product segments, B-sitosterol dominated the phytosterols market due to its extensive source availability. On the other hand, campesterol held the second biggest share in the market and the market for the same is anticipated to experience exponential development in the coming years due to its anti-inflammatory properties.

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Presence of Omega 3 Fatty Acids to Restrain Growth of Global Phytosterols Market

Nonetheless, the growing presence of the omega 3 fatty acids market is restraining the development of the phytosterols market, due to the fact that many key manufacturers have shifted their focus away from phytosterols and towards omega 3 fatty acids. Furthermore, the absence of support from government bodies in promoting the health benefits of phytosterols within emerging regions such as the Middle East and Asia Pacific is inhibiting the growth of the phytosterols market.

Europe Phytosterols Market Represented the Highest Market Share of 40%

On the basis of geography, the global phytosterols market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, Europe held the biggest share of more than 40% and was trailed by North America. Europe is predicted to maintain its superiority in the coming years. On the other hand, RoW is the most swiftly developing phytosterols market due to the rising awareness on the health benefits of phytosterols amongst the consumers residing in this region. In addition, the rising consumption of phytosterol-fortified products in medical applications due to the increasing count of coronary heart diseases is further stimulating the demand for phytosterols in RoW.Key players in the phytosterols market include BASF SE, Archer Daniels Midlands Co, Bunge Ltd, Raisio plc, Cargill Inc, Pharmachem Laboratories, and Arboris LLC.

Global Chilled and Deli Foods Market to Stand at US$988.7 bn by 2021, Driven by Convenience

The global chilled and deli foods market is worth billions and is projected to grow substantially in the coming few years. In 2014, the global chilled and deli foods market was estimated at US$799.4 bn and by 2021, the market is projected to be worth US$988.7 bn, says Transparency Market Research (TMR). Let us look at the trends that will shape the dynamics of the global chilled and deli foods market in the coming few years.

Rising Demand for Easy-to-prepare Foods to Drive Global Market

The global chilled and deli foods market provides various types of products such as prepared salads, prepacked sandwiches, pies and savory appetizers, meats, and others. In 2014, the prepacked sandwiches segment generated a revenue of US$322.7 bn in the global chilled and deli foods market. On the other hand, the pies and savory appetizers segment is projected to expand significantly at a CAGR of 2.50% during the forecasting horizon from 2015 to 2021.

Currently, consumers are seeking ways that allow them to maximize their free time and disposable income and spend time on the pursuits they value. This trend, fuelled by the desire to have more leisure time, is driving the demand for convenience foods. This is driving the demand for chilled and deli foods.

Shifting Lifestyle Patterns to Benefit Global Chilled and Deli Foods Market

Due to changing lifestyles, people are spending less time in planning and preparing meals. According to a survey, almost 60% of consumers in the U.K. spend no more than half an hour to cook dinner every night. In addition to this, the growing number of working women and the rising number of microwavable food products are driving consumers towards microwave cooking. These factors are driving the demand for chilled and deli foods, as they help save time on cooking greatly.

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Growing Distribution Channels to Fuel Global Market

Players in the global chilled and deli foods market will benefit from the growing number of distribution channels such as supermarkets and hypermarkets. In emerging nations such as China and Qatar, the number of supermarkets and hypermarkets has grown substantially in the last few years. In addition to this, the emergence of several new brands in recent years will also provide good growth opportunities to the market.

High Demand from Asia Pacific to Boost Global Market

In 2014, Asia Pacific dominated the global chilled and deli foods market in terms of revenue. The high demand for chilled and deli foods in Asia Pacific is driven by the improving economic conditions of this region and the rising working female population. This will drive the overall chilled and deli foods market by leaps and bounds.

Use of Preservatives to Suppress Global Market

Although the global chilled and deli foods market will enjoy significant growth, it will be suppressed by a few challenges. The use of synthetic preservatives to manufacture chilled and deli foods will hamper the growth of the global chilled and deli foods market. Furthermore, the growing number of private label brands will also limit the growth of the global chilled and deli foods market.

Some of the most prominent companies operating in the global chilled and deli foods market are Astral Foods, JBS, Tyson Foods, BRF, Kraft Foods Group, Waitrose Limited, and Hormel Foods Corporation.

Global Nutraceuticals Market to Reach US$278.96 bn by 2021 owing to Increasing Demand for Nutritional Diet

Transparency Market Research has published a new report on the global nutraceuticals market. As per the report, the global nutraceuticals market is expected to expand at a 7.30% CAGR during the period from 2015 to 2021. The report, titled ‘Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021,’ states that the global nutraceuticals market is predicted to rise in value from US$182.60 bn in 2015 to US$278.96 bn by 2021 owing to the increasing occurrence of non-communicable chronic diseases.

The global nutraceuticals market is predicted to register rapid growth in the years to come due to consumers' increasingly inclination towards healthy and nutritional food, dietary supplements, and beverages. People have become health conscious and study about nutritional products in advance before buying them. Dietary supplements are consumed not only to meet the daily intake of the required nutrition but also to boost physical performance. All of these factors are expected to propel the global nutraceuticals market in the next few years. The extensive preference for nutritional, healthy, and herbal products is expected to fuel the growth of the global nutraceuticals market.

The usage of nutraceuticals is expected to be driven by the rising healthcare expenditure by consumers around the world. Moreover, some nutraceuticals are regarded as alternatives to OTC and prescription drugs. Technological advancements and the growing use of nutraceuticals in many new applications are predicted to propel the global nutraceuticals market in the next few years. Factors such as the lack of awareness about nutraceuticals and the rising prices of nutraceuticals products are predicted to hamper the growth of the global nutraceuticals market in the years to come.

The global nutraceuticals market is segmented on the basis of product type and geography. Based on product type, the global nutraceuticals market is classified into functional food, functional beverages, dietary supplements, and personal care and pharmaceutical. In 2014, in terms of revenue, the functional food segment held a share of 31.0% in the global nutraceuticals market. Going forward, the functional foods segment is expected to expand at a 7.10% CAGR during the period between 2015 and 2021. In 2014, the functional beverage segment trailed but is expected to progress at a 7.4% CAGR from 2015 to 2021.

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Nutraceuticals of all types are contributing to the food and beverages sector due to the minimal regulatory requirements and relatively high margins. Factors such as mergers and acquisitions, new product launches, and the introduction of nutraceuticals specially designed for improving cardiac health are predicted to propel the global nutraceuticals market.

Based on geography, the global nutraceuticals market is divided into Europe, North America, Asia Pacific, and Rest of the World. Cargill, Incorporated, Archer Daniels Midland Company, Royal DSM N.V., BASF SE, Nestle S.A., Groupe Danone S.A., E. I. du Pont de Nemours and Company, PepsiCo Inc., Aland (Jiangsu) Nutraceutical Co., Ltd., and General Mills, Inc. are the prominent companies operating in the global nutraceuticals market. With the entry of new companies and the introduction of new products, the global nutraceuticals market is expected to remain highly competitive.

Key Segments of Global Nutraceuticals Market

Global nutraceuticals market, by product type

Functional Food

• Probiotics Fortified Food
• Omega Fatty Acid Fortified Food
• Branded Ionized Salt
• Branded Wheat Flour Market
• Others (nuts, grains, garlic)

Functional Beverages

• Fruit & Vegetable Juices and Drinks
• Dairy & Dairy Alternative Drinks
• Noncarbonated Drinks (bottled water, tea and coffee)
• Other (herbal tea, sports drinks, energy drinks)

Dietary Supplements Segment

• Proteins & Peptides
• Vitamins & Minerals
• Herbals ( Ayurvedic extracts, plant extracts, algal extracts, phytochemicals)
• Other (fatty acids, fiber)

Personal Care and Pharmaceutical

Global nutraceuticals market, by geography

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

North America Milk Market is estimated to reach a value of US$35.8 bn by the end of 2019

A new market research report, titled “North America Milk Market - Scenario, Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019,” has been recently published by a global market intelligence firm, Transparency Market Research. The study provides a comprehensive analysis of the North America milk market, focusing on the product portfolio, major driving factors, barriers, growth opportunities, current trends, and competitive scenario.

The growing demand for innovative and new products including flavored milk, increasing health concerns among the population, and increasing distribution channels such as supermarkets, hypermarkets, retail stores, and convenient stores are some of the key factors that are expected to augment the growth of the milk market in North America in the next few years. On the flip side, the availability of several substitutes including soy milk, almond milk, and others and the low shelf life of dairy products are the factors that are expected to hamper the growth of the market in the next few years.

According to the research study, in 2012, the milk market in North America was worth US$27.8 bn and further back, in 2013 the market was valued at US$29.1 bn. The market is estimated to reach a value of US$35.8 bn by the end of 2019, exhibiting a 3.50% CAGR between 2013 and 2019. On the basis of volume, in 2013, the milk market in North America stood at 17.96 bn kg and is projected to be 21.05 bn kg by the end of 2019, growing at a 2.1% CAGR between 2013 and 2019.

On the basis of product type, the milk market in North America has been classified into concentrated milk, powder milk, butter milk, and liquid milk. Among all these types, the concentrated milk segment is expected to grow rapidly throughout the forecast period. This segment is projected to exhibit a 3.47% CAGR between 2013 and 2019. Nevertheless, the liquid milk segment is anticipated to grow substantially in the coming years, thanks to the growing awareness among the population about the daily requirement of nutrients and a healthy diet to maintain a healthy lifestyle.

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On the basis of geography, the milk market in North America has been divided into the U.S., Canada, and Mexico. The U.S. is considered as the largest producer of milk and other dairy products. In addition, the growing health concerns and rising demand for food that has a high nutritional value are some of the other factors that are estimated to boost the demand for milk in this region.

Furthermore, the research study covers the competitive scenario of the milk market in North America, including detailed profiles of the major players operating in the market. In 2013, the Dairy Farmers of America held the largest share in the overall U.S. milk market. The prominent players operating in the milk market in Canada include Dairy land, Neilson, and Parmalat, which collectively held the largest share in the market in this region in 2013. Furthermore, in the same year, in Mexico, GrupoLala dominated the milk market. Some of the other players in the North America milk market are Dean Foods Co., Saputo Inc., and Groupe Danone.

Key Segments of the Milk Market:

Milk Market, by Type

The different types covered under this research study are defined as follows:

• Butter Milk
• Concentrated Milk
• Liquid Milk
• Powder milk

North America Milk Market, by Countries

The different countries covered under this research study are defined as follows:

• The U.S.
• Canada
• Mexico

Global Frozen Processed Food Market to Expand at CAGR of 6.3% between 2015 and 2021

Transparency Market Research (TMR) has announced the addition of a new market study on the global frozen processed food market. The report analyzes the drivers and restraints of the frozen processed food market and the impact of these on the demand for frozen processed food during the forecast period from 2015 to 2021. The report studies the attractiveness of the frozen processed food market on the basis of factors such as growth rate and market size. According to the report, in terms of revenue, the frozen processed food market, which was valued at US$57.5 bn in 2014, is projected to reach US$69.1 bn by 2021, exhibiting a CAGR of 2.7% from 2015 to 2021.The report is titled “Frozen Processed Food Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.” The report states that the global frozen processed food market was valued at 45,980.4 thousand tons in 2014 and will rise to 384,881.1 thousand tons by 2021, in terms of volume, expanding at a healthy CAGR of 6.3% between 2015 and 2021.

Frozen processed foods are food products that are preserved from the time they have been prepared till the time they are consumed. Food is preserved by freezing, as freezing the food slows down the decomposition process by turning moisture into ice, inhibiting the growth of most bacteria. Frozen processed food products include frozen sea food, frozen desserts, frozen bakery items, frozen poultry, frozen meat substitutes, and frozen red meat.

The global frozen processed food market is driven by the increasing disposable income of consumers, especially in nations such as the U.S, the U.K, China, the Philippines, and India. The growing inclination towards the consumption of convenience foods is one of the major drivers of the market. Furthermore, the growing trend of consuming foods that have low calorie and low fat content is expected to boost the global frozen processed food market in the coming years. Increasing health-consciousness among people will also help promote the market.

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One of the major challenges of the global frozen processed food market is the rising number of people suffering from obesity. The growing health awareness in the global populace will lead to an increasing number of obese people making prudent dietary choices, including not consuming frozen processed foods, thus restricting the growth of the market. The low price of chilled processed food in comparison to frozen processed food will also deter the market’s growth during the period from 2015 to 2021.

Geographically, the global frozen processed food market is segmented into North America, Asia Pacific, Europe, and Rest of the World. The largest share in the frozen processed food market was held by North America in 2014, followed by Asia Pacific. North America and Asia Pacific are expected to retain their dominance throughout the forecast period, expanding at a CAGR of 5.5% between 2015 and 2021.

Among the various product types of frozen processed food, the frozen poultry segment held the largest market share in terms of revenue, followed by frozen processed sea food, in 2014. The frozen processed red meat segment held the largest market share in terms of volume in 2014 and is expected to retain its position for the rest of the forecast period. Frozen processed poultry held the second largest market share in terms of volume.

The report profiles some of the leading players in the market such as: Nestle S.A., ConAgra Foods, Inc., Tyson Foods Inc., BRF S.A., Unilever plc, and General Mills.

The frozen processed food market has been segmented as:

Product Type

• Frozen Bakery Products
• Frozen Desserts
• Frozen Meat Substitutes
• Frozen Processed Fish/Sea Food
• Frozen Processed Poultry
• Frozen Processed Red Meat
• Others

Geography

North America

• The U.S.
• Canada
• Mexico

Europe

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

Asia Pacific

• India
• China
• Rest of Asia Pacific

Rest of the World (RoW)

• Middle East
• Latin America
• Africa