The global edible oils market is projected to grow from USD 250.78 billion in 2024 to USD 306.92 billion by 2029, at a compound annual growth rate (CAGR) of 4.1%. This expansion is driven by a combination of increasing global population, rising disposable incomes, and evolving dietary preferences. The broad applications of edible oils across food processing, industrial uses, baking, and cooking have solidified its position as an essential commodity worldwide. 

Drivers of Market GrowthShift in Production Focus to South America 

South America is emerging as a key player in the global soybean market, significantly influencing the edible oils industry. According to the OECD-FAO Agricultural Outlook 2023–2032, global soybean production is projected to grow by 0.9% annually over the next decade, a slowdown compared to the previous decade’s 2.2% growth rate. However, South America, particularly Brazil, is leveraging innovative practices such as double cropping (planting soybeans after maize or wheat) to enhance output. Brazil, the world’s largest soybean producer, is expected to increase production by 0.8% annually, outpacing the US growth rate of 0.6% annually. 

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Market Segment InsightsIndustrial Applications Dominate Market Share 

The industrial sector holds the largest edible oils market share, primarily driven by the food processing industry. Edible oils are indispensable in baking, frying, and producing processed foods due to their ability to enhance texture, flavor, and shelf life. In Europe, the bakery industry stands as a significant driver for edible oil demand. According to the Applied Human Factors and Ergonomics (AHFE) report, the European bakery market was valued at USD 226 billion in 2020, accounting for 41% of the global market share. Countries like Germany, France, and the UK, where bread and pastries are dietary staples, are at the forefront of bakery production and consumption, spurring demand for essential oils such as palm and sunflower oils. 

Asia-Pacific: The Fastest-Growing Region Between 2024 and 2029, the Asia-Pacific region is expected to experience the fastest growth in the edible oils market. Factors contributing to this growth include: 

  • A rapidly growing population
  • Increasing disposable incomes
  • Rising consumer preference for healthy cooking oils

 Key players driving this regional growth include Wilmar International Ltd (Singapore), United Plantations Berhad (Malaysia), and the Adani Group (India). Notably, in June 2020, United Plantations Berhad launched NutroOlive, a blend of Extra Virgin Olive Oil and Red Palm Oil. This innovative product is rich in carotenoids, monounsaturated fatty acids, antioxidants, and natural vitamins. NutroOlive’s sustainability certification by the Round Table on Sustainable Palm Oil aligns with consumer demand for health-conscious and eco-friendly edible oils, reflecting the region’s commitment to premium and sustainable products.

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Innovations and Sustainability The edible oils market is witnessing a surge in innovative products and sustainable practices. Companies are focusing on health benefits and environmental impact, catering to a growing segment of health-conscious consumers. For instance, NutroOlive’s dual-purpose use for frying, baking, and salad dressings represents the kind of innovation that resonates with modern consumers. 

Profiles of Key Market Players Prominent edible oils companies include: 

  • ADM (US)
  • Bunge (US)
  • Associated British Foods plc (UK)
  • Wilmar International Ltd (Singapore)
  • United Plantations Berhad (Malaysia)
  • Sime Darby Berhad (Malaysia)
  • BORGES AGRICULTURAL & INDUSTRIAL EDIBLE OILS, S.A.U. (Spain)
  • Cargill Incorporated (US)
  • GrainCorp (Australia)

The global edible oils market is set for robust growth, propelled by technological advancements, regional innovations, and a strong focus on health and sustainability. With dynamic regional trends and key players leading the charge, the industry is well-positioned to meet the evolving demands of consumers worldwide.

The global gelatin market, estimated at USD 4.0 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 6.9%, reaching USD 5.6 billion by 2029. This growth is largely driven by the increasing demand for pharmaceutical-grade gelatin, which has wide-ranging applications across industries such as food and beverages, medicine, and cosmetics. 

Pharmaceutical Grade Gelatin: A Key Driver 

Pharmaceutical-grade gelatin is one of the primary factors propelling the market’s growth. Gelatin is a collagen-derived protein that plays a crucial role in the pharmaceutical industry, particularly in the production of capsules and tablets. Companies like Tessenderlo Group and Gelita AG are investing heavily in research and development (R&D) to enhance their product offerings and maintain a competitive edge. A notable development in this area was Rousselot’s launch of Quali-Pure HGP 2000 in May 2022, an endotoxin-controlled gelatin designed for vaccines and wound healing applications. Similarly, in 2021, Rousselot expanded its pharmaceutical portfolio with X-Pure GelDAT, a purified, pharmaceutical-grade gelatin. 

The versatility of gelatin is another reason for its market expansion. It acts as a thickening, stabilizing, and gelling agent in the food and beverage industry, while also being used for its film-forming and moisturizing properties in cosmetics. Technological advancements in gelatin production methods and the development of alternative gelatins are further boosting market growth, as consumers increasingly seek dietary options and ethically sourced ingredients. 

How have changing lifestyles and food habits contributed to the gelatin market’s expansion?

A significant opportunity for the gelatin industry lies in changing lifestyles and food habits, especially in emerging economies. The adoption of Western dietary preferences and an increased demand for functional ingredients in food products have contributed to the growing gelatin consumption, particularly in regions like Asia Pacific, South America, the Middle East, and Eastern Europe. For instance, in October 2022, PB Leiner expanded its pharmaceutical portfolio by introducing new products such as Dsolve B, Dsolve P, and Dsolve XTRA, designed to cater to various consumer needs in the pharmaceutical sector. In addition, the growing demand for halal-certified gelatin, particularly in Islamic countries and parts of Asia, has prompted companies like Gelita AG to make strategic acquisitions. In December 2020, Gelita AG acquired 65% of the shares in the Turkish gelatin manufacturer Sellel, aiming to meet the increasing demand for halal bovine gelatin. 


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Type A Gelatin: The Fastest Growing Segment 

Among the different types of gelatin, Type A is expected to register the highest CAGR over the forecasted period. Type A gelatin has gained recognition for its ability to create 3D matrices, which are used to reconstruct skin collagen’s fibrillar pattern, making it an essential component in the development of skin dressings. It is also widely used in medical devices, pharmaceuticals, and cosmetics, further fueling its demand. Moreover, Type A gelatin is increasingly being used in drug delivery systems, with advancements in nanotechnology enabling its transformation into nanoparticles or microspheres. These developments have led to significant investments from industry leaders such as Darling Ingredients and Symatese. For example, in March 2023, Symrise introduced a new range of bioactives under the Diana Food brand, with Type A gelatin as a key ingredient in their “Beauty from Within” products. 

North America: A Strong Market Presence North America, which includes the US, Canada, and Mexico, is expected to hold a substantial share of the global gelatin market. The region’s gelatin market is set to grow due to increasing health concerns, the widespread availability of pork and beef, and rising consumption of ready-to-eat and bakery products. The US, with its large food processing industry, is expected to see heightened demand for gelatin, especially in food fortification and preservation, as it helps reduce food waste. 

The Gelatin Manufacturers Institute of America (GMIA) plays a significant role in regulating gelatin production in North America. GMIA member companies include global leaders such as Nitta Gelatin (Japan), Weishardt (France), Gelita (Germany), PB Leiner (Belgium), and Rousselot (Netherlands), ensuring the quality and safety of gelatin products across the region. The gelatin market is on an upward trajectory, driven by the increasing demand for pharmaceutical-grade gelatin, the versatility of gelatin across multiple industries, and emerging opportunities in developing economies. Technological advancements and innovations in Type A gelatin further promise to shape the future of the market. As consumer preferences evolve and industries continue to explore new applications for gelatin, the market is expected to experience sustained growth in the coming years.

The North American nutraceutical ingredients market is on an impressive growth trajectory, with its valuation expected to rise from USD 35.6 billion in 2024 to USD 45.5 billion by 2029, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.1%. 

Key Drivers of Market Expansion

Consumer Awareness and Health Consciousness 

Health-conscious consumers in the U.S. and Canada are increasingly opting for nutraceutical-based products. The demand for prebiotic-enriched foods and weight management solutions has surged, driven by the rising prevalence of obesity and other lifestyle-related health concerns. 

Canada: A Fast-Emerging Market Canada is the fastest-growing nutraceutical market in North America

The country’s regulatory framework under the Natural Health Products Regulations mandates strict guidelines for nutraceuticals, ensuring high-quality standards. Additionally, widespread deficiencies in vitamin D and calcium among Canadians have created strong opportunities for fortified foods and dietary supplements. Canada’s aging population and growing interest in preventative health measures further propel the demand for nutraceuticals. Health Canada’s policies on functional food claims provide a structured pathway for market expansion and innovation. 

Opportunities in NutraceuticalsNatural Alternatives to Pharmaceuticals 

Nutraceuticals offer a promising alternative to synthetic pharmaceuticals, with increasing consumer preference for vitamins, minerals, herbal extracts, and probiotics. Their perceived safety and minimal side effects make them a compelling choice for health-conscious individuals. This shift is driven by a rising prevalence of chronic diseases and an aging global population, fueling demand for natural and preventive healthcare solutions. 

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Advancements in Technology 

Technological innovations such as microencapsulation and nanotechnology have significantly improved the bioavailability and efficacy of nutraceutical ingredients. These advancements have enabled nutraceuticals to compete with pharmaceuticals, attracting significant investment in R&D for plant-based compounds, bioactive peptides, and other high-performance ingredients. 

Market Segmentation: Key TrendsProteins Leading the Market 

Proteins remain the dominant segment in the North American nutraceutical industry, widely utilized in dietary supplements and functional foods. The rising popularity of flexitarian diets and plant-based alternatives has further accelerated the demand for protein-enriched products. Protein fortification technologies are also supporting the development of specialized nutrition products, including sports nutrition and infant formulas. 

Dry-Form Nutraceutical Ingredients on the Rise Dry-form nutraceutical ingredients hold the largest market share and are experiencing the fastest growth. These ingredients offer extended shelf life, stability, and ease of use, making them ideal for various applications such as capsules, tablets, and powdered beverages. 

Recent Industry Developments 

  • Ingredion and Univar Solutions Partnership (June 2024) Ingredion and Univar Solutions expanded their partnership to distribute functional food and beverage ingredients across Germany, Italy, and Switzerland. This collaboration enhances Univar’s commercial reach while leveraging Ingredion’s innovative ingredient portfolio to meet the demand for healthier, sustainable products.
  • ADM’s Acquisition of FDL Ltd (December 2023) ADM acquired UK-based FDL Ltd, strengthening its global capabilities in flavors and functional ingredients. This acquisition expands ADM’s offerings, integrating FDL’s proprietary formulations to cater to the rapidly growing European market.

 The Future of Nutraceuticals in North America The North American nutraceutical ingredients market presents immense growth potential, driven by evolving consumer preferences, technological advancements, and supportive regulatory policies. With Canada emerging as a key player and continuous innovations shaping the industry, the region is poised to lead the global nutraceutical sector in the coming years.

According to MarketsandMarkets, the global biopesticides market is projected to grow from USD 7.72 billion in 2024 to USD 15.66 billion by 2029, reflecting a compound annual growth rate (CAGR) of 15.2%. This rapid expansion is driven by increasing consumer demand for organic and sustainably produced food, alongside stricter governmental regulations on synthetic pesticides. 

Regulatory Changes Driving Growth 

The shift toward biopesticides is being influenced by stringent regulatory changes across major agricultural markets. In 2023, the U.S. Environmental Protection Agency (EPA) updated its Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) regulations to include a more comprehensive assessment of synthetic chemical pesticides’ environmental and health risks. Additionally, the European Union (EU) has opted to ban several key active ingredients in synthetic pesticides. In June 2022, the EU proposed a 50% reduction in chemical pesticide use by 2030. These regulatory constraints are accelerating the adoption of biopesticides in agriculture. 

Key Market Drivers: 

Organic Food Demand One of the primary drivers of the biopesticides market is the rising consumer preference for organic food. As consumers become more aware of the potential health and environmental risks posed by synthetic pesticides, demand for organic products has surged. Organic farming, which strictly prohibits synthetic pesticides and fertilizers, relies heavily on biopesticides derived from natural sources such as microorganisms and plant extracts. This trend is compelling farmers to adopt biopesticides to comply with organic certification standards. 

Opportunities in Precision Agriculture The integration of biopesticides with precision agriculture presents a significant growth opportunity. Advanced agricultural technologies, including drones, GPS-guided equipment, and sensor-based systems, enable the precise application of biopesticides. This reduces waste, enhances effectiveness, and minimizes environmental impact while lowering costs for farmers. Additionally, data-driven insights from precision agriculture help monitor pest activity and optimize biopesticide use. Governments and agricultural stakeholders are supporting these innovations through subsidies, research sponsorships, and industry partnerships, further promoting sustainable agricultural practices. 

Regional Market Leadership: North American Biopesticides Market 

North America is expected to dominate the biopesticides market during the forecast period. Strong regulatory support, increasing organic farming adoption, and substantial government incentives have made the region a leader in sustainable agriculture. The U.S. and Canada have imposed strict regulations on synthetic pesticide use, boosting demand for biopesticides as safer alternatives. Additionally, extensive research and development efforts in North America are driving innovation in biopesticide formulations, enhancing their effectiveness and applicability across various crops. Well-established distribution networks further ensure widespread adoption among farmers. 

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Crop Segment Analysis: Fruits & Vegetables Leading the Market 

The fruits and vegetables segment holds the largest share of the biopesticides market. Consumers’ preference for fresh, chemical-free produce is compelling farmers to switch to biopesticides, particularly because these crops are often consumed raw. Biopesticides help maintain low pesticide residue levels, ensuring food safety and compliance with organic standards. Furthermore, fruits and vegetables are highly susceptible to pests and diseases, making effective pest control solutions critical for yield and quality preservation. 

Microbial Biopesticides: The Fastest-Growing Source Segment 

Among biopesticide sources, microbial biopesticides are witnessing the highest growth rate. Derived from bacteria, fungi, and viruses, microbial biopesticides offer broad-spectrum pest control while improving soil health. Their natural origin and effectiveness align with increasing consumer and regulatory demands for sustainable solutions. Advances in microbial biotechnology are further enhancing the formulation and application of these biopesticides, driving their market growth. The biopesticides industry is poised for significant expansion, driven by regulatory shifts, increasing demand for organic food, and technological advancements in precision agriculture. With North America leading the market and microbial biopesticides gaining traction, the industry is set for robust growth through 2029. As more farmers and agricultural stakeholders adopt eco-friendly pest control solutions, biopesticides will play an essential role in the future of sustainable farming. 

Top 10 Companies in the Biopesticides Market 

  • BASF SE (Germany)
  • Bayer AG (Germany)
  • Syngenta Group (Switzerland)
  • UPL (India)
  • Corteva (US)
  • FMC Corporation (US)
  • Nufarm (Australia)
  • Sumitomo Chemical Co., Ltd. (Japan)

The probiotics supplement market is witnessing steady growth, driven by increasing consumer awareness of gut health, immunity, and overall well-being. Probiotics, which are live microorganisms providing health benefits when consumed in adequate amounts, are widely incorporated into dietary supplements, functional foods, and beverages. 

Key Market Trends 

  • Rise in Preventive Healthcare – Consumers are shifting toward proactive health management, leading to a surge in probiotic supplement adoption.
  • Product Innovation – Companies are developing advanced probiotic strains, synbiotics (probiotics + prebiotics), and personalized probiotic solutions tailored to individual microbiomes.
  • Clean Label and Natural Ingredients – There is a growing preference for organic, non-GMO, and allergen-free probiotic supplements.
  • Digital Health and E-commerce Growth – Online platforms are expanding probiotic availability and accessibility, especially with direct-to-consumer brands.

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Opportunities in Probiotics Supplement MarketPersonalized Nutrition – Advances in microbiome research are enabling probiotic formulations tailored to individual health needs. 

Expansion in Sports & Fitness – Athletes and fitness enthusiasts are incorporating probiotics to improve digestion, recovery, and performance. 

New Delivery Formats – Gummies, powders, and liquid probiotics are gaining traction, catering to different consumer preferences.  

Animal and Pet HealthProbiotic supplements for pets and livestock are emerging as a fast-growing segment. 

Usage and Applications

Digestive Health – Probiotics help balance gut microbiota, alleviate digestive issues, and support overall gastrointestinal health. 

Immune Support – Certain probiotic strains enhance immune function and help in managing infections. Mental Health & Well-being – The gut-brain connection has driven interest in probiotics for mood enhancement and stress management. 

Women’s Health – Probiotics are used for vaginal and urinary tract health, addressing common concerns such as infections.  

Regional Analysis 

  • North America – High consumer awareness and strong presence of probiotic brands drive growth.
  • Europe – Regulatory approvals and traditional consumption of fermented foods support the market.
  • Asia-Pacific – Increasing health consciousness and dietary shifts contribute to expanding probiotic adoption.
  • Latin America & Middle East – Emerging markets with rising demand for digestive health products.

  The probiotics supplements market is evolving with innovation, growing consumer demand, and expanding applications across health and wellness sectors.

Market Size and Growth

Current Market Size: The global cold chain market size, valued at USD 228.3 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 372.0 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 10.3% during the forecast period. The cold chain market is an essential component of global supply chains, ensuring the safe storage and transportation of temperature-sensitive products such as food, pharmaceuticals, and chemicals. As globalization continues to expand, the demand for reliable cold chain solutions has surged, making this market a critical focus for industries reliant on temperature-controlled logistics. 

Unlocking Cost Efficiency: How Intermodal Transport is Revolutionizing the Cold Chain Industry 

Intermodal transport has emerged as a pivotal solution in the cold chain market due to its unparalleled ability to optimize fuel costs. Cold chain logistics demands a delicate balance between temperature control and efficiency. Intermodal transport achieves this balance by seamlessly integrating multiple modes of transportation, such as trucks, trains, and ships, to deliver goods to their destination. By strategically combining different transport modes based on their strengths and cost-effectiveness, companies can minimize fuel consumption. For instance, trains are substantially more fuel-efficient than trucks over long distances, while trucks offer flexibility and accessibility for last-mile delivery. By leveraging these strengths, businesses can significantly reduce their overall fuel expenditure, thereby enhancing cost-effectiveness in the cold chain market. Moreover, intermodal transport fosters sustainability, a growing concern in modern supply chain management. By optimizing fuel usage, companies not only cut costs but also reduce their carbon footprint. This aligns with increasingly stringent environmental regulations and consumer preferences for eco-friendly practices 

Refrigerated Road Transportation Dominates Cold Chain Market Share 

Refrigerated road transportation leads the refrigerated transport cold chain market due to its essential role in preserving the quality and freshness of perishable goods throughout transit. While refrigerated warehouses focus on storage, road transportation ensures consistent temperature control from the point of origin to the final destination. This is especially critical for sensitive products like fresh produce, pharmaceuticals, and certain chemicals, where even minor temperature variations can compromise their safety and quality. Refrigerated trucks offer unmatched flexibility, allowing access to remote areas that warehouses cannot reach. Their mobility supports efficient distribution networks, cutting down on transit times and lowering inventory holding costs. Advances in refrigeration technology have also enabled precise temperature monitoring and remote management, improving product traceability and ensuring compliance with strict regulatory requirements. Moreover, refrigerated road transportation enhances supply chain efficiency by enabling just-in-time delivery, which reduces inventory spoilage and waste. Its seamless integration with other transportation modes further strengthens its position as a market leader. 

Cold Chain Market Growth Drivers: 

  • Rising Demand for Perishable Goods: The global consumption of perishable foods, such as fruits, vegetables, meat, and dairy, is driving the need for efficient cold chain solutions.
  • Expansion of the Pharmaceutical Industry: With the development of temperature-sensitive drugs, vaccines, and biologics, the pharmaceutical industry is a major contributor to the growth of the cold chain market.
  • Technological Advancements: Innovations in refrigeration technology, IoT-enabled monitoring systems, and advanced packaging materials have enhanced the efficiency and reliability of cold chain logistics.

 India Set to Lead Asia Pacific Cold Chain Market Growth in the Coming Years India stands as a significant producer and consumer of dairy products, particularly milk and curd. With a burgeoning population and a cultural inclination towards dairy consumption, the demand for efficient cold chain logistics to maintain product integrity from farm to table is imperative. As per a May 2023 report from Slurrp, India boasts a significantly higher milk consumption rate compared to the global average, with nearly half of its population (48.1%) regularly consuming milk or curd. The increasing demand for dairy products in India can be linked to its fast urbanization and improving living standards. India’s daily milk consumption stands at 427 g, well above the global average of 305 g.

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Moreover, India’s rapid industrialization has spurred the growth of various sectors, including pharmaceuticals, processed food, and agriculture. These industries heavily rely on cold chain solutions to preserve the quality and safety of their products. Additionally, the proliferation of Quick Service Restaurants (QSRs) and the changing dietary habits of the urban populace have fueled the demand for frozen and chilled food products. As per a report from the credit rating agency ICRA, the Indian Quick Service Restaurant (QSR) sector is projected to experience growth ranging between 20% to 25% during the fiscal year 2024.This surge in demand necessitates robust cold chain systems to ensure the seamless delivery of perishable goods, thereby propelling the expansion of the cold chain market in India. 

Top Cold Chain Companies 

  • Americold Logistics, Inc. (US)
  • Lineage, Inc. (US)
  • NICHIREI CORPORATION (Japan)
  • Burris Logistics (US)
  • A.P. Moller – Maersk (Denmark)
  • Tippmann Group (US)
  • Coldman Logistics Pvt.Ltd. (India)
  • United States Cold Storage (US)

The US probiotics market is experiencing a significant surge, with projections indicating a compound annual growth rate (CAGR) of 8.0% from 2022 to 2027, according to a report published by MarketsandMarkets. This growth is primarily driven by increasing awareness of digestive health and the impact of dietary choices on overall well-being. 

Consumer Behavior and Industry Innovation 

According to the April 2022 Food and Health Survey by the International Food Information Council (IFIC), approximately one-third of US respondents actively seek to consume probiotics, with 60% aiming to do so at least once a day. The growing self-care trend and increasing obesity rates have further propelled the demand for probiotics in food and beverage products. The dynamic food and beverage industry continues to innovate, offering probiotic-infused options in beverages, snacks, and even beauty and skincare products. Leading companies such as Danone (France), Jarrow Formulas (US), and DowDuPont (US) are playing key roles in raising consumer awareness through strategic marketing and product development. 

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Rising Awareness of Digestive Health 

The demand for probiotic products in the US has been fueled by a shift toward preventive healthcare, an aging population, and a growing interest in natural wellness solutions. Consumers are becoming more informed about the benefits of probiotics, particularly in managing digestive disorders such as irritable bowel syndrome (IBS) and inflammatory bowel disease (IBD). Regional trends indicate that states such as California, New York, and Texas are leading the way in probiotic consumption. This growing interest is supported by a diverse range of probiotic options available in the market, including supplements, yogurts, and functional foods. 

The Future of Probiotics in the US With rising health consciousness and the growing adoption of holistic wellness practices, the US probiotics market is set to expand further. Healthcare professionals and gastroenterologists are increasingly recommending probiotics, reinforcing their role in improving digestive health and overall well-being. As the market continues to evolve, consumers can expect a broader range of innovative probiotic products that cater to diverse needs, further solidifying the industry’s growth trajectory. Whether incorporated into daily diets or consumed as supplements, probiotics are becoming an integral part of the modern wellness movement.

The pea protein industry is experiencing significant growth in recent years, driven by various factors such as increasing consumer demand for plant-based protein sources, rising awareness regarding the health benefits of pea protein, and growing preference for vegan and vegetarian diets. The pea protein market size is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029. Pea protein is derived from yellow peas and is known for its high protein content, as well as being gluten-free and hypoallergenic, making it suitable for a wide range of dietary needs. 

What’s Driving the Pea Protein Boom in Europe? A Closer Look at Key Trends 

The burgeoning wave of the Europe pea protein market is driven by the continent’s food & beverage industries embracing the multifunctional applications of this plant-based compound. Active participation in global trade amplifies the accessibility of pea protein, facilitating its flow across borders and supporting industries with diverse applications. European countries play crucial roles in global trade, both as importers of raw materials and exporters of finished products. The demand for pea protein in Europe affects international trade dynamics, influencing production, pricing, and supply chains worldwide. Additionally, Europe’s emphasis on environmental awareness and sustainability initiatives has put the region at the forefront. The increasing awareness of environmental sustainability prompts consumers to seek alternative protein sources with lower environmental footprints. Pea protein production requires fewer natural resources and emits fewer greenhouse gases compared to animal-based proteins, aligning with the preferences of eco-conscious consumers. 

Pea Protein’s Global Impact: The Nutritional Benefits Fueling Consumer Demand 

The global popularity of plant-based foods surged in 2020, driven by a wave of innovative products like bakery items, plant-based lattes, and vegan burgers. Even McDonald’s joined the trend with their McPlant menu. This surge coincided with the COVID-19 pandemic lockdowns, which led many to prioritize health and wellbeing. As reported by New Food Magazine, plant-based food sales skyrocketed by 243%, with a significant 14% increase in consumer preference for meat-free and dairy-free options. Pea protein powder has emerged as a key player in this trend. Its ability to boost protein content in shakes, smoothies, and energy drinks makes it highly versatile. Being naturally vegan and hypoallergenic, pea protein caters to a wide range of dietary needs. Rich in iron and high-quality protein, pea protein is linked to several health benefits, including promoting muscle growth, aiding in weight loss, and supporting heart health. Studies suggest that pea protein, particularly from yellow peas, can even help lower cholesterol and blood pressure without straining the kidneys. These promising health benefits are expected to further propel the growth of the global pea protein market. 

How Pea Protein is Revolutionizing Plant-Based Nutrition? 

  • Complete Protein Source: Pea protein contains all nine essential amino acids, making it a complete protein source. This is significant for plant-based diets, as it provides a comparable amino acid profile to animal-derived proteins, supporting muscle growth, repair, and overall health.
  • Sustainability: Pea protein is considered more sustainable than animal-derived proteins, as peas require fewer natural resources like water and land to cultivate compared to livestock farming. Its cultivation also has a lower environmental impact in terms of greenhouse gas emissions and land use, contributing to sustainable food production practices.
  • Versatility: Pea protein is highly versatile and can be incorporated into a wide range of food and beverage products, including plant-based meats, dairy alternatives, protein bars, snacks, and beverages. Its neutral flavor profile and functional properties make it adaptable for various culinary applications without compromising taste or texture.
  • Allergen-Friendly: Pea protein is hypoallergenic and gluten-free, making it suitable for individuals with common food allergies or intolerances. This expands the accessibility of plant-based protein options to a broader consumer base, including those with dietary restrictions.

 Pea Protein Industry Leaders: A Look at the Key Manufacturers

Roquette Frères (France): Leading the Way in Sustainable and Nutritious Plant-Based Ingredients 

Roquette Frères is one of the industry leaders in manufacturing plant-based ingredients and proteins. It caters to biopharma, pharma and nutraceuticals, cosmetics, food and nutrition, animal nutrition, and industrial markets. Its product offerings include pea proteins and pea starch. The company offers pea protein under the Nutralys brand, which has binding, thickening, gelling, and texturizing properties.

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The company operates through 25 industrial sites offering its products in more than 100 countries across the Asia Pacific, Europe, North America, and South America. Roquette America Inc. (US), Roquette Co. Ltd. (China), Roquette Ltd. (UK), Roquette Korea Ltd. (Korea), and Roquette CH SA (Switzerland) are some of the subsidiaries of the company. 

ADM (US) Global Impact: Connecting Alternative Protein Solutions Across 190 Countries 

The Archer-Daniels-Midland Company (ADM) is a leading American multinational with 75 years of experience in alternative proteins and flavors. Known for its expertise in human and animal nutrition, ADM excels in food and beverage, health, supplements, and animal nutrition. The company operates through four main product segments: Agricultural Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other Businesses.

What Are Agriculture Drones?

Agriculture drones are unmanned aerial vehicles (UAVs) specifically designed for agricultural purposes. Equipped with high-tech sensors, cameras, and software, they assist farmers in monitoring crop health, managing fields, and even spraying fertilizers and pesticides. The agriculture industry has always embraced innovation, from tractors to genetically modified seeds. Today, drones are the latest technological marvel poised to transform farming. With their ability to survey vast areas, analyze crops, and perform labor-intensive tasks, drones are paving the way for smarter, more efficient agriculture. According to a research report published by MarketsandMarkets, the agriculture drones market is valued at an estimated USD 2.01 billion in 2024. It is projected to grow at a compound annual growth rate (CAGR) of 32.0%, reaching USD 8.03 billion by 2029 

Benefits of Drones in Agriculture

Precision Farming: Reducing Waste, Boosting Yields 

Drones offer precision farming by delivering real-time data. This allows farmers to: 

  • Apply fertilizers and pesticides only where needed.
  • Monitor crop health with pinpoint accuracy.
  • Reduce wastage of resources like water and chemicals.

 Time-Saving Technology 

Traditional field inspections can take hours or days. Drones accomplish these tasks in a fraction of the time, enabling faster decision-making. 

How Drones Are Used in AgricultureCrop Monitoring and Health Analysis With multispectral and thermal sensors, drones can detect issues like: 

  • Water stress
  • Pest infestations
  • Disease outbreaks
    Early detection helps farmers take corrective actions promptly.

 Precision Spraying Drones equipped with spraying mechanisms ensure that pesticides and fertilizers are distributed evenly, reducing environmental impact and human exposure to harmful chemicals. 

Soil and Field Analysis Drones map topography and soil quality, helping farmers understand: 

  • Drainage patterns
  • Fertility levels
  • Erosion-prone areas

 Want to dive deeper? Get your PDF copy todayLivestock Monitoring Beyond crops, drones are being used to monitor livestock, tracking animal movement, health, and location, especially in vast or remote pastures. 

The Technology Behind Agriculture Drones Agriculture drones are powered by advanced technology, including: 

  • GPS Navigation: Ensures precision in mapping and spraying tasks.
  • AI and Machine Learning: Provides intelligent insights from collected data.
  • High-Resolution Cameras: Deliver detailed imagery for accurate field analysis.

 Challenges and Limitations While drones offer immense potential, they face several challenges: 

  • High Initial Costs: Despite long-term benefits, the upfront investment can be prohibitive.
  • Regulatory Barriers: Many countries have strict regulations on drone usage.
  • Skill Requirements: Operating and maintaining drones requires specialized knowledge.

 Success Stories: Drones in Action Farmers worldwide are already reaping the benefits of drones: 

  • In India, drones are improving irrigation management in drought-prone regions.
  • In the U.S., vineyards use drones to monitor grape ripeness and optimize harvest timing.
  • In Africa, drones are combating locust outbreaks, saving millions in crop losses.

 The Future of Agriculture Drones As technology advances, drones will become even more integral to farming. Innovations on the horizon include: 

  • Autonomous drones for round-the-clock operations.
  • Enhanced AI for predictive analysis.
  • Integration with IoT devices for a fully connected farm ecosystem.

 Taking Agriculture to New Heights Agriculture drones are more than just a trend; they are a solution to the growing challenges of feeding a booming global population while ensuring sustainability. By combining cutting-edge technology with traditional farming wisdom, drones are propelling agriculture into a new era of efficiency and productivity.

The Sugar Substitutes Market has gained significant traction globally, driven by the growing consumer awareness of health issues related to high sugar consumption, such as obesity, diabetes, and other metabolic disorders. As more consumers seek healthier lifestyle options, demand for low-calorie and zero-calorie sweeteners has increased in a range of products, including beverages, dairy products, confectioneries, and baked goods. The sugar substitutes market size is estimated at USD 23.56 billion in 2024 and is projected to reach USD 29.90 billion by 2029, at a CAGR of 4.9% from 2024 to 2029. 

Major Types of Sugar Substitutes 

  • High-Intensity Sweeteners: Includes aspartame, sucralose, stevia, and saccharin, commonly used for their intense sweetness and low caloric content.
  • Low-Intensity Sweeteners: Includes sugar alcohols like sorbitol, mannitol, and xylitol, which are used in sugar-free candies and chewing gums for their mild sweetness.
  • Natural Sweeteners: These include options like stevia and monk fruit, which are increasingly popular for their natural origin and minimal impact on blood glucose levels.

 Key Sugar Substitutes Industry Growth Drivers 

  • Health and Wellness Trends: Increasing focus on reducing sugar intake due to health concerns is a primary market driver. This has led to a surge in demand for alternative sweeteners that provide sweetness without calories.
  • Rising Prevalence of Diabetes: The global rise in diabetes cases has boosted demand for sugar substitutes that cater to diabetic-friendly diets.
  • Regulatory Support and Approvals: Many sugar substitutes have received regulatory approval, improving consumer confidence and allowing brands to innovate with new, safer products.

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How is innovation in food and beverage manufacturing influencing the development of sugar substitutes? 

The sugar substitutes market is experiencing robust growth due to several key factors. A major driver is the rising demand for clean-label products, as consumers increasingly prioritize natural ingredients free from artificial additives. Additionally, innovation in the food and beverage sector is prompting manufacturers to create sugar alternatives that allow for enhanced product formulations without sacrificing taste or quality. The growing popularity of plant-based diets has also boosted demand for natural sweeteners like stevia and monk fruit extract. Furthermore, regulatory support and favorable government policies are benefiting the food manufacturing industry by encouraging the use of sugar substitutes. Advances in technology and production methods have made the extraction and refinement of high-intensity sweeteners more efficient and cost-effective. Meanwhile, the expanding e-commerce segment and health-oriented retail channels are making these alternatives more accessible to consumers, further fueling market growth. 

The Dominance of High Fructose Corn Syrup in the Global Market 

The high fructose corn syrup (HFCS) segment holds a significant substitutes market share. HFCS is a corn-derived starch syrup produced through hydrolysis, isomerization, and purification, resulting in a unique composition of glucose and fructose. This sweet and relatively low-cost alternative to sucrose quickly became popular in the food industry, offering not only sweetness but also stability and functional benefits across a range of products, including sodas, fruit drinks, baked goods, condiments, and other processed foods. Per FDA regulations (21 CFR 184.1866), HFCS typically contains either 42% or 55% fructose, with glucose and water comprising the remainder. HFCS 42 is commonly used in cereals, processed foods, and baked goods, while HFCS 55 is widely used in soft drinks. 

European Sugar Substitutes Market: What’s Driving Market Growth? 

Europe has a very significant share in the sugar substitutes market for several reasons. Consumer preference for healthier, low-calorie alternatives has been growing in the region, and it is well correlated with health awareness. The regulatory structure is even stronger in Europe than in other regions, aiding better development and adoption of sugar substitutes, which encourages more innovation. The companies also invest in the partnership and capacity enlargement of sugar substitute production. For example, recently, Roquette Frères (France) and Bonumose (US) announced that they would commercialize tagatose by July 2024. The development would follow Roquette’s continued investment to expand its supply chain and manufacturing capacity in France as it looks to boost production to meet the growing demand for healthier alternatives of sugar. Furthermore, in March 2022, Roquette invested USD 26.29 million in the production of polyols. With these developments, the region is expected to meet the growing demand for low-calorie and nutritious food products, further supporting its strong share in the sugar substitutes market. 

Sugar Substitutes Leaders 

Cargill, Incorporated (US), ADM (US), Ingredion (US), International Flavors & Fragrances Inc (US), Tate & Lyle (UK), Ajinomoto Co. Inc (Japan), GLG Life Tech Corp (Canada), Celanese Corporation (US), Roquette Frères (France), PCIPL (India), Mane SA. (France)

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Sugar Substitutes Market Update: Latest Innovations and Advancements 

  • In January 2024, Ingredion (US) partnered with Better Juice (Israel), a startup focused on reducing sugar in juice-based beverages, to expand the rollout of its sugar-reducing technology in the US. Ingredion Ventures is leading the Series A funding round for Better Juice, but financial details were not disclosed. Better Juice’s technology converts simple sugars in natural liquids into non-digestible compounds while preserving nutrients, reducing sugar content by 30–80%. This partnership aligns with Ingredion’s strategy to grow its sugar reduction and alternatives platform.
  • In October 2023, Cargill, Incorporated (US) is poised for double-digit growth in 2023, focusing on its expansion in South India, investing USD 35 million in a Nellore manufacturing facility. Cargill, Incorporated (US) emphasizes on supply chain resilience and quality to navigate inflationary pressures and drive long-term sustainable growth in India’s evolving food market.

The Nutraceutical products market has been growing significantly due to the increasing consumer awareness about health and wellness, along with a rising demand for preventive healthcare. The global nutraceutical products market size is projected to grow from USD 267.4 billion to USD 404.8 billion in 2025, recording a CAGR of 7.2% during the forecast period. Nutraceuticals are food or part of food that offers medical or health benefits, including the prevention and treatment of disease. The global market encompasses a variety of products, including dietary supplements, functional foods, and functional beverages. 

Nutraceutical Products Market Trends 

  • Personalized Nutrition: Nutraceuticals tailored to an individual’s genetic makeup and health profile.
  • PlantBased Nutraceuticals: Increasing demand for vegan and plant-based products due to sustainability concerns and lifestyle changes.
  • Probiotics and Prebiotics: A surge in digestive health awareness is driving the demand for probiotic and prebiotic products.
  • Functional Gummies: A growing trend towards nutraceutical products in gummy form, especially for vitamins and minerals.
  • Regulatory Support: Governments in various regions are pushing for clearer regulations and quality standards, boosting consumer confidence.

 The nutraceutical products industry is poised for continued growth, with increasing investment in R&D, a focus on clean-label ingredients, and the rise of digital health platforms for distribution and personalized recommendations. 

Key Nutraceutical Products Market Growth Drivers: 

  • Growing Health Consciousness: Consumers are becoming more proactive about their health, driving the demand for products that offer health benefits beyond basic nutrition.
  • Aging Population: As the global population ages, the demand for nutraceuticals to manage age-related health conditions is rising.
  • Preventive Healthcare: There’s a growing focus on preventive healthcare, as consumers are increasingly interested in managing their health to avoid costly medical treatments.
  • R&D Innovations: Continuous research and innovation in the field of nutraceuticals, such as bioactive ingredients and personalized nutrition, are expanding the market potential.
  • Rising Disposable Income: Increased disposable income, especially in developing countries, is boosting the consumption of nutraceutical products.

 Asia Pacific’s Rising Dominance: Leading the Charge in Nutraceutical Products Growth 

The Asia Pacific nutraceutical products market is projected to record the fastest growth in the market. Factors such as busy lifestyles have led to an increase in the consumption of convenience food products. In addition, the rapid economic growth in countries of various regions has led to a surge in demand for fortified nutritional food & beverage products in the region. The food & beverage market in this region is currently undergoing a transformation due to rapid urbanization, diet diversification, and liberalization of foreign direct investment in the food sector. In addition, rising income, increasing purchasing power, and a surge in consumer demand for nutritional & healthy products are factors projected to widen the growth prospects for manufacturers in the nutraceutical products market in the region. 

The Food Segment Takes the Lead: Dominating Nutraceutical Products Market Share in the Coming Years 

In 2019, the food segment led the nutraceutical products market, largely driven by the rising trend of on-the-go snacking and increasing demand for nutritious food products. This surge is expected to boost the demand for snack items enriched with functional ingredients. Nutraceutical snacks primarily consist of protein-rich options such as dry nuts, grains, and bars, along with products like granola and other nutritional bars. Additionally, the growing preference for protein-rich foods is anticipated to further propel market growth. Enhancements in the quality, texture, nutritional value, and shelf life of snacks, due to the increasing use of ingredients like vitamins, minerals, proteins, dietary fibers, and fatty acids, are expected to fuel the expansion of the snacks segment in the nutraceutical products industry during the forecast period. 

What Strategy Have Major Nutraceutical Products Players Adopted To Expand Their Product Portfolios And Geographical Presence? 

Kraft Heinz (US), formerly known as H.J. Heinz Holding Corporation, is one of the world’s largest producers of food and beverage products. The company offers a wide range of products, including sauces, breakfast meals, cheese, energy drinks, dairy, beverages, infant food, and other nutrition products under well-known brands like Capri Sun, Wattie’s, Kool-Aid, Planters, Lunchables, Ore-Ida, and Golden Circle. As part of its strategy to expand its customer base, Kraft Heinz has been focusing on growing its breakfast meal offerings. 

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The Hain Celestial Group (US) specializes in manufacturing and distributing organic and natural products across its food, beverage, and personal care segments. The company’s product offerings include infant food, baked goods, frozen foods, soups, snacks, beverages, and gluten-free options. Its revenue streams come from categories such as grocery, snacks, personal care, and tea. Hain Celestial has focused on enhancing its market performance by launching new products and acquiring smaller companies. For instance, its UK-based subsidiary, Hain Daniels, acquired Clarks UK Ltd. in 2017 to strengthen its natural syrup portfolio. To further boost profitability, the company has established seven key platforms: Fresh Living, Better-for-You Baby, Better-for-You Pantry, Tea, Cultivate Ventures, Better-for-You Snacking, and Pure Personal Care. Additionally, Hain Celestial is working to expand its range of natural food and beverage products that offer various health benefits.

 Top Questions Answered by the Latest Nutraceutical Products Market Report 

  • What is the outlook for the nutraceutical market?
  • What are the trending products for nutraceuticals?
  • What is the US market for nutraceuticals?
  • Who is the target market for nutraceuticals?

The Food Colors Market is a rapidly evolving sector driven by increasing consumer demand for visually appealing food products, health-conscious choices, and clean-label trends. Here’s a brief overview: 

Market Size & Growth 

The global food colors market is experiencing steady growth, projected to continue expanding due to rising demand in the food and beverage industry. This growth is driven by a variety of factors, including increased consumption of processed foods, beverages, and confectioneries, especially in developing regions. The food colors market size is projected to reach USD 6.0 billion by 2028, growing from USD 4.6 billion by 2023 growing at a CAGR of 5.4% from 2023 to 2028. The growth in the processed and packaged food & beverage markets directly impacts the growth of the food colors market. The processing of food products involves various practices, including thermal and non-thermal processes. These processes alter the characteristics of the original color of food products due to various process parameters, such as temperature, moisture, and pH. Due to these factors, the demand for food colors in processed food products is increasing to impart natural aesthetics. 

Types of Food Colors 

  • Natural Colors: Extracted from plants, fruits, vegetables, and other natural sources (e.g., turmeric, beetroot, spirulina). Natural food colors are increasingly popular due to health concerns over synthetic additives and consumer preference for clean labels.
  • Synthetic Colors: Artificially manufactured and more stable compared to natural colors. While still widely used due to their cost-effectiveness and vibrancy, synthetic colors face growing scrutiny due to health concerns and regulatory restrictions.

 Food Colors Market Growth Drivers 

  • Health-Conscious Consumers: The global shift towards healthier eating has prompted a rise in demand for natural food colors, which are perceived as safer and free from harmful chemicals.
  • Clean Label Movement: Consumers are increasingly seeking products with simple, recognizable ingredients, pushing manufacturers to replace artificial colors with natural alternatives.
  • Technological Advancements: Innovations in color extraction and stabilization techniques have improved the quality and shelf-life of natural colors, making them more competitive with synthetic options.
  • Food & Beverage Industry Growth: The rising popularity of processed foods, snacks, beverages, and confectioneries fuels the need for food colorants to enhance product appeal and branding.

 Revolutionizing Food Colors: How New Extraction Methods Are Transforming the Market? 

Innovations in color extraction methods and the introduction of new raw materials are transforming the food color market. For example, sources like purple sweet potato and red cabbage provide vibrant, stable colors along with antioxidant benefits. Additionally, crocin, a naturally occurring yellow pigment from saffron, is gaining attention for its potential health advantages. Advancements in technology, including enzyme-assisted and ultrasound-assisted extraction methods, have significantly improved the efficiency and yield of these processes while reducing processing times and enhancing color stability. These innovations cater to consumer demands for natural, sustainable, and functional ingredients, facilitating the food color industry’s shift towards cleaner labels and environmentally friendly production practices. 

Plants & Animals Are Taking the Lead in Food Colors Market Share 

The food colors market is primarily driven by plant and animal sources, which are projected to experience the fastest growth in response to rising consumer demand for natural and clean-label products. As health-conscious consumers seek alternatives to synthetic dyes, food manufacturers are turning to natural substitutes. Colors derived from animals, such as carmine, and those sourced from fruits, vegetables, and spices are gaining popularity for their vibrant hues and environmentally friendly profiles. These natural alternatives are viewed as safer and more sustainable, contributing to market expansion and outpacing the growth of mineral, chemical, and microorganism-based colors. 

APAC Food Colors Industry 

The Asia Pacific region encompasses countries such as China, India, Japan, Australia, New Zealand, South Korea, and others in the area. With a developing economy and rising disposable incomes, consumers are increasingly investing in ready-to-eat food and beverage options. The presence of numerous major players in the region is a significant driver of both regional and global market growth. Bakery goods processors and manufacturers are prioritizing the development of innovative products tailored to the specific needs of their target customers. Consequently, the rapidly expanding processed foods sector and increased spending on food products are expected to significantly boost demand for high-quality food colors in the region. 

Top Food Colors Companies 

  • ADM (US)
  • International Flavors and Fragrances Inc. (US)
  • Sensient Technologies Corporation (US)
  • DSM (Netherlands)
  • Naturex (France)
  • DDW (US)
  • Dohler Group (Germany)
  • Fiorio Colori (Italy)

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