Research Reports And Consulting

The global tea extracts market is estimated to be valued at USD 2.5 billion in 2019 and is projected to reach USD 3.8 billion by 2025, recording a CAGR of 6.9%. The market is projected to witness significant growth due to factors such as the increase in the consumption of functional foods, rise in health consciousness among consumers, and increasing adoption of tea due to the ill-effects from caffeine, thereby widening the scope of its applications. The increasing market potential, growing population, and growing demand for different types of tea extracts, as per health benefits, are factors that are projected to impact the growth of the tea extracts market.

The demand for tea extracts remains high across developed markets, such as the US and UK. Developing countries, such as China, Brazil, and India, are projected to witness a surge in demand for tea extracts in the coming years. This demand is projected to remain high due to the increase in the production of processed and functional food products. Emerging economies, such as Malaysia, Indonesia, and Thailand, in the Asia Pacific region, are also witnessing high growth. In addition, the exponential growth is projected to be witnessed in the new and emerging markets, such as China, India, and other Asia Pacific countries.

Key manufacturers are focusing on expanding in Asia, as it offers cost-effective benefits to manufacturers, in terms of production and processing, due to the low prices of raw materials and cheap labor. The rise in the standard of living and changes in lifestyles in developing countries also contribute to the growth of the functional food and convenience products market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102874765

Companies are increasingly investing in R&D activities, and new product launches to incorporate the formulations of existing products and cater to customer requirements. Companies are focusing on innovating new products to benefit their customers. The rise in health concerns and the consumer demand for healthy products are expected to encourage companies to invest in research & development activities. Top players such as ADM (US), Givaudan (Switzerland), and Dupont (US) are focusing on engaging in research & development activities to meet the increasing demand for tea extracts in various applications. In June 2019, Givaudan (Switzerland) launched its innovation center to produce differentiated flavors, taste, and aroma in various products, such as food, beverages, and personal care.The company has also acquired Naturex (US), an international leader in plant extraction, to set up its foot in the US market.

By application, the tea extracts market is segmented into food, beverages, pharmaceuticals, and cosmetics. Beverages are the most popular application of tea extracts, as tea has been one of the conventional beverages since time immemorial. Also, due to its antioxidant and anti-inflammatory properties, it has gained popularity in recent times, aligning with the shift towards the healthy lifestyle among consumers. Hence, the beverages segment is estimated to dominate the market in 2019, by application.Green tea extracts are used in various applications, such as food, beverages, and cosmetics. Due to the rising health consciousness, consumers are shifting towards the non-conventional type of nutrient options. Consumers are willing to spend on luxury foods and beverages due to the increase in disposable income and the rise in geriatric population. Consumers are also keen to switch from traditional caffeine-based drinks to flavored tea extracts.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=102874765

The major players, such as Dupont (US), ADM (US), Givaudan (US), Kemin Industries (US), and Frutarom (US), in the tea extracts market, are focusing on undertaking new product launches, expansions & investments, and acquisitions to expand their global footprint.

The global edible packaging market size is estimated to be valued at USD 527 million in 2019 and is projected to reach USD 679 million by 2025, at a CAGR of 4.3% during the forecast period. The growth of the market is driven by factors such as efforts to reduce solid waste accumulation in landfills, increasing demand from consumers for packaged food products, and innovations in the packaging industry.

The key manufacturers of edible packaging in this market include Monosol LLC (US), JRF Technology (US), Evoware (US), Tipa Corp. (Israel), Nagase America (US), Notpla Ltd. (UK), Avani (Indonesia), Wikicell Designs (US), Amtrex Nature Care Pvt. Ltd. (India), EnviGreen Biotech Pvt. Ltd. (India), Regeno Bio-Bags (India), Devro Plc (UK), Apeel Sciences (US), Coolhaus (US), Do Eat (Belgium), Ecoactive (US), Mantrose UK Ltd. (UK), Dental Development Systems LLC (US), Tomorrow Machine (Sweden), and Lactips (France).

To know about the assumptions considered for the study Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248057967

Nagase America Corporation (US) is a global leader in manufacturing innovative products and provides customized solutions to consumers through its extensive knowledge and expertise in chemicals, plastics, electronics, automotive, and life sciences. The company develops ecologically sustainable products and solutions across a broad spectrum of industries, including food and non-food applications. It operates in numerous industries, namely automotive, chemicals, electronics, energy, food & beverages, paint and coatings, paper and inks, personal care, and pharmaceuticals. 

Functional materials, advanced materials and processing, electronics, mobility and energy, and life and healthcare are the functional segments under Nagase America. The Nagase group consists of multiple R&D divisions that cater to its segments. The company has its presence in various other markets such as transportation, storage, and distribution. Nagase America also holds a strong presence across Europe, Asia, and the Americas.Devro PLC (UK) is a manufacturer and supplier of collagen-based casings and films in food and non-food applications. The company’s collagen-based casings are primarily used in the meat industry for the packing of sausages, salami, hams, and other cooked meats. The company’s collagen casings are used in other application areas, including health care and cosmetics. Devro directly sells its casings to manufacturers via agents and distributors with customized solutions for manufacturers across different industries. 

Devro maintains a global presence with manufacturing facilities and R&D facilities in Scotland, the US, the Czech Republic, the Netherlands, Australia, and China. It also maintains a network of subsidiaries across different regions, including Devro Asia Ltd. (China), Devro Pty Ltd. (Australia), Devro Teepak Scotland Ltd. (Scotland), PV Industries B.V. (Netherlands), Devro S.r.o. (Czech Republic), Devro Medical Ltd. (Scotland), Devro KK (Hong Kong), and Devro Inc. (US).

Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=248057967

MonoSol LLC (US) is a leader in water-soluble polymer-based films, offering water-soluble delivery systems for unit-dose applications. It is a division of the Kuraray Group (Japan) and hosts an innovative manufacturing platform for the creation of smart, efficient, and sustainable packaging solutions for a wide range of industries. MonoSol LLC manufactures dosage-based edible packaging products to meet product requirements and provides easy handling and convenience in a diverse array of applications, including detergents, personal care products, food and non-food applications, and pharmaceutical functions. MonoSol LLC operates alongside MonoSol Rx, a Kuraray Group subsidiary that is wholly dedicated to the development and manufacture of packaging solutions for the pharmaceutical industry.JRF Technology (US) provides product and process development services for transforming soluble polymers into commercial products. 

The company was established to provide consulting services in the field of water-soluble and edible polymers. They serve clients in the food, nutraceutical, personal care, household cleaning, packaging, and converting markets. The product development laboratory and pilot-scale facilities at JRF Technology aid in transforming products from concept stages into commercially viable products. JRF primarily works in the areas of technology scouting, proof of concept testing, formulation and product development, validation of the manufacturing process, and coordination of packaging conversions. The product categories at JRF Technology comprise food and flavor delivery systems that represent a convenient mode of dispensing colors, flavors, and sweeteners. JRF’s application areas include thin edible packaging formats to package food ingredients, wound care products to be dispersed in soluble films, and soluble polymers for food and non-food applications.

The feed processing market is estimated at USD 21.61 billion in 2018 and is projected to grow at a CAGR of 4.3%, to reach USD 26.62 billion by 2023. The feed processing market is driven by in the rising demand for feed around the world, technological advancements in the equipment industry, customized services, and the growth in awareness regarding feed nutrition and health.

The Asia Pacific region is projected to be the largest market for feed processing during the forecast period. According to the Population Reference Bureau, the fastest-growing consumer markets of China, India, and other Asia Pacific countries had a combined population exceeding 6 billion people (as of 2017), which is projected to become an increasingly important driver for the growth of the global livestock adoption; this is propelling the high-quality livestock feed market in the region and is consequently driving the feed processing market growth. Other drivers that would have a positive impact on this market are the increasing household incomes and the growing middle-class population.

To know about the assumptions considered for the study, download PDF brochure

Market consolidation is one of the major restraints for the feed processing market. The feed industry has also been experiencing the same, which has a relative effect on the feed processing industry. In March 2016, Bühler acquired Mill Technology Co. (US), a manufacturer of duty hammer mills and related products that are sold primarily to the feed, pet food, and grain & oilseed processing sectors. This acquisition establishes Buhler’s strong commitment to the North American feed, grain, and oilseed processing markets, through investments in innovative technology.

Based on type, the testing & analysis segment is projected to grow at the highest CAGR from 2018 to 2023. The need for feed safety testing was generated to ensure that the feed is safe and contains no harmful chemicals. The need to understand the composition of feed was driven by the demand for balanced feed and improved additives from the stakeholders in the feed industry. Several advanced rapid analytical methods and technologies have been developed to conduct a wide range of tests and analyses of animal feed, which include pathogen testing, fat & oil analysis, mycotoxin analysis, nutritional labeling, and pesticide testing.

Based on the form of feed, the pellets segment is projected to grow at the highest CAGR during the forecast period. Pelleting is one of the crucial and important processes in feed processing, to mold feed material into the shape of a pellet. Pellet feed is made from the mash, which is heated and compressed into a pellet, whereas crumbles are mostly made from whole pellets, which are cracked or rolled into a smaller size.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Based on livestock, the swine segment is projected to grow at a higher CAGR through 2023, making it a key revenue pocket for the feed processing industry. Swine experience various physical, physiological, and behavioral changes during its lifespan, which may lead to decreased feed intake and extreme weight loss. An increase in the demand for swine feed products in various forms such as pellets, mash, and crumbles, is one of the main factors driving the feed processing market growth in the North American countries.

The food testing kits market is projected to reach USD 2.38 billion by 2022, at a CAGR of 7.2% from 2017. The food testing kits market is experiencing high growth, particularly in the Asia Pacific and North American regions. 

The North American region is estimated to account for the highest market share in the food testing kits market. The growth in this region is attributed to the significant growth in the US market as the country has a large prevalence of allergies; also, it is a large producer, importer, and exporter of different types of meat, food products, and a producer of various crops.Asia Pacific is projected to be the fastest-growing region from 2017 to 2022, due to its large market base for the meat and dairy industries due to the presence of a large number of consumers and presence of a large number of food adulteration incidences. The growth of this segment is also driven by the increasing export activities in this region, which need onsite testing and faster test results to meet the standards & regulations enforced by different countries and regions.

The PCR-based technology segment is projected to be fastest-growing technology for food testing kits from 2017 to 2022. PCR technology provides faster and reliable test results, and also helps in the decision-making process for product recalls, which in turn drives its market. Also, the growth of this segment can be attributed to drawbacks of other technologies such as that of ELISA (enzyme-linked immunosorbent assay) technology. PCR technology is also used for testing a variety of targets such as meat species, GMO, allergen, and pathogen analysis.

To know about the assumptions considered for the study, download PDF brochure

The meat, poultry, and seafood products segment is projected to be the fastest-growing sample segment for food testing kits from 2017 to 2022. The global food testing kits market, by sample, is categorized into meat, poultry, and seafood products, dairy products, packaged food, fruits & vegetables, cereals, grains & pulses, and nuts, seeds, and spices. One of the major drivers for the growth of meat, poultry, and seafood products segment, due to regulatory mandates provided by regulatory agencies to promote safety and prevent contamination of meat and meat products.

The meat species segment is projected to be the fastest-growing target segment for food testing kits from 2017 to 2022. Increasing focus on identifying and confirming the authenticity of meat to protect consumer health and to prevent meat adulteration is fueling the market growth for meat.The food testing kits ecosystem comprises food testing kit providers such as Thermo Fisher (US), Agilent (US), Eurofins (Luxembourg), bioMérieux (France), and Neogen (US) as the major players. Other players such as PerkinElmer (US), Bio-Rad (US), QIAGEN (Germany), EnviroLogix (US), IFP Institut Für Produktqualität (Germany), Romer Labs (Austria), and Millipore Sigma (US) also have a significant presence in this market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst 

The cold chain market was valued at USD 233.8 billion in 2020 and is projected to reach a value of USD 340.3 billion by 2025, growing at a CAGR of 7.8% in terms of value during the forecast period. The increasing need for temperature control to prevent food losses, growth in international trade owing to trade liberalization, along with the rising demand for perishable goods among consumers across the globe, is driving the growth of the cold chain market.

Market Dynamics:

Driver: Rising Consumer Demand for Perishable Goods

Consumers are now more aware of health and wellness, as well as the effect that food nutrients, especially protein, have on overall physical and mental growth and development. This has resulted in a change in the consumption pattern of perishable foods, such as dairy products, fruits and vegetables, and high-protein animal-based products (such as meat, eggs, and fish and seafood).

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=811

Emerging economies in the Asia Pacific and Latin America are witnessing a high demand for perishable food products. This can be attributed to the rapid urbanization, changing tastes and preferences, and the rising disposable income of consumers in these countries. 

The market potential for processed and frozen food products is also high in these countries due to their lower adoption rates. The consumption of ready-to-eat meals, such as frozen pizzas, desserts, and snacks, is rising steadily in these countries.

Restraint: Environmental constraints regarding greenhouse gas emissions

Cold chain development places a significant burden on the environment since refrigeration is energy-intensive and is a source of greenhouse gases. Keeping products cold throughout the transportation phase of the cold chain (such as trucks, ships, and trains) accounts for around 7% of the global consumption of hydrofluorocarbons (HFCs). Also, diesel-powered transportation refrigeration units consume up to 21% more power than non-refrigerated diesel-powered trucks. This has significant implications on climate change, as the development of cold chains becomes more ubiquitous in developing countries.

Opportunity: Growth in the Organized Retail Sector

The development of retail channels and chains in the form of supermarkets, hypermarkets, and convenience stores is a major factor driving the growth of the cold chain market. Also, retail chains have developed to an extent where some of the producers have their own in-house refrigerated warehousing facilities. Large food retail chains such as Walmart, Tesco, Spar, and 7-Eleven are expanding their outlets in developed countries such as the UK, Germany, and the US, and in emerging markets such as China, Brazil, and Argentina. For instance, Walmart is the largest American multinational retail corporation with over 11,000 stores across 27 countries. 

It has a large fleet for the transportation of perishable goods and an effective distribution network. It also hires 3PL refrigerated warehousing service providers to efficiently transport perishable foods to its retail outlets. The emergence of such large retailers and their expanding operations in international trade are creating growth opportunities for the refrigerated warehousing and refrigerated transportation market. The figure below figure represents the high penetration of retail food sales in the high potential GCC market. Although the organized retail market is currently fragmented in this region, significant investment and entry of global retail chains in these countries are expected to boost market consolidation and simultaneously the retail sales penetration for food products.

Challenges: Lack of appropriate infrastructure in emerging markets

The cold chain industry is highly fragmented, mainly in the emerging markets across Asia, Africa, and South America. Cold chain service providers in these regions do not have the resources or the technology required to build high-quality cold chain facilities. Lack of proper food storage, processing, and cold chain logistics, together with weak organization and implementation of controls for compliance with standards, remains a serious challenge in these countries. From procurement to delivery at retail, service providers face many challenges in a cold chain network. 

Countries in Asia Pacific and South America lack efficient transport infrastructure and are not well connected. The missing links in these networks continue to constrain route choice, while insufficient capacity and the poor quality of infrastructure add costs and time to the transit. The cold chain systems in these markets are not integrated and compatible for use for multiple perishable commodities, which poses a major challenge to market growth.

By temperature type, the frozen segment to account for the larger share in the global market during the forecast period

Companies indulge in the freezing of the food products to enhance the shelf-life of the foods for making them inert. The freezing process slows down the biological and chemical reactions that promote the spoilage of the food. Frozen food locks in the nutrients in the food, making it more attractive than chilled foods. With the need for convenience, the demand for frozen products is growing among consumers. The increased demand for frozen foods is due to its consistent availability throughout the year in supermarkets, hypermarkets, and convenience stores.

Asia Pacific to account for the fastest-growing and largest market at a CAGR of 13.1% during the forecast period

The cold chain market in this region is estimated to witness robust growth propelled by the economic developments of countries such as China, India, Japan, and Australia. The shift of industrialization and investments in Asia Pacific has grown substantially over the past decade, especially in China and India, contributing to rapid economic growth. Countries such as India, Japan, China, and South Korea have a strong demand for dairy and meat products, which has led to the strong demand for preserving the quality and nutritive element in the products, which drive the market for cold chain in the region.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=811

Key Marker Players

Key players in this market include Americold Logistics (US), Lineage Logistics Holdings (US), Nichirei Corporation (Japan), Burris Logistics (US), Agro Merchants Group (US), Kloosterboer (Netherlands), United States Cold Storage (US), Tippmann Group (US), VersaCold Logistics Services (Canada), Henningsen Cold Storage Co. (US), Coldman (India), Congebec Inc. (Canada), Conestoga Cold Storage (Canada), NewCold (Netherlands), Hanson Logistics (US), Confederation Freezers (Canada), Seafrigo (France), Trenton Cold Storage (Canada), Merchants Terminal Corporation (US), and Stockhabo (Belgium).

The global mycotoxin testing market size estimated at USD 946 million in 2020 and is projected to grow at a CAGR of 7.1% to reach USD 1,337 million by 2025. The market has a promising growth potential due to several factors, including the increasing awareness of mycotoxin testing and strict government regulations for mycotoxin testing in both food and feed products. Increase in instances of foodborne illnesses due to mycotoxin contamination, growth in demand for compliance with international trade mandates, and change in atmospheric conditions are some factors that are driving the market.

The demand for mycotoxin testing is significantly increasing due to factors such as growing recalls and border rejections with growth in international food trade, stringent regulations across various countries, and changing climatic conditions. The high cost associated with the installation of technologies inhibits the growth of the mycotoxin testing market. The European region is projected to account for the largest market, owing to the growing prevalence of Fusarium toxins due to changing climatic conditions, coupled with the strengthening of the feed and food mycotoxin testing policies by the contributed efforts of Control Laboratories (CLs), National reference laboratories (NLRs), and EU Reference Laboratories (EURLs).

Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=229073477

The mycotoxin testing market, by technology, constitutes of two segments, namely, chromatography- & spectroscopy-based and immunoassay-based. The chromatography- & spectroscopy-based segment is projected to grow at a higher CAGR, owing to the faster and reliable test results of LC-MS/MS, fueling the market growth for mycotoxin testing.

The mycotoxin testing market, by sample, is segmented into food and feed. The cereals, grains, and pulses segment in the food mycotoxin testing market recorded the highest CAGR, due to a higher level of contamination with various mycotoxins. Cereals, grains, and pulses are more susceptible to the co-occurrence of mycotoxin, thereby creating demand for testing, as these are used in various products for food processing.

Increasing food trade across borders of emerging markets, launch of advanced technologies for the detection of mycotoxins, rise in co-occurrence of mycotoxins, launch of economic multi-toxin analysis systems, and increase in demand for cereal products and oats and the emergence of new mycotoxins in agricultural commodities such as enniatins, beauvericin, moniliformin, fusaproliferin, fusaric acid, culmorin, butenolide, sterigmatocystin, emodin, mycophenolic acid, alternariol, alternariol monomethyl ether, and tenuazonic acid prove to be some of the opportunities in this market.

The major players in the industry are focusing on new service, technology, and services launches; mergers & acquisitions; expansions & investments; and agreements, collaborations, partnerships, and mergers to increase the global footprint in the area of mycotoxin testing.

Asia Pacific is estimated to be the fastest growing market of the mycotoxin testing in 2020, The climatic conditions in the Asia Pacific region range from tropical to semi-tropical and temperate, which are conducive to the growth of mycotoxins. There is a growing awareness among the poultry farmers about the presence of other mycotoxins besides aflatoxins such as ochratoxin, T-2 toxin, deoxynivalenol (DON), zearalenone, citrinin, and, fumonisins in the Asia Pacific region. Aflatoxins accounted for the largest market share, followed by ochratoxins. The growth in this region is largely driven by China, Japan, and India.

Request Sample of this Report:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=229073477

The key players in the mycotoxin testing market include SGS (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (UK), Mérieux NutriSciences (US), ALS Limited (Australia), Neogen (US), Romer Labs (US), Symbio Laboratories (Australia), OMIC USA (US), AsureQuality (New Zealand), and Microbac (US). 

Service providers adopted various growth strategies such as new services, technologies, and product launches; expansions & investments; acquisitions; and agreements, collaborations, mergers, and partnerships to cater to the increasing demand for testing and to strengthen their position in the market.

The meat processing equipment market size is projected to grow from USD 6.8 billion in 2019 to USD 9.7 billion by 2026, recording a compound annual growth rate (CAGR) of 5.2% during the forecast period.

 Meat processing equipment is used to convert raw meat into the required finished meat product commercially through processes such as cutting, slicing, washing, blending, mixing, grinding, drying, thermal processes, freezing, coating, and cooling. The demand for meat processing equipment is increasing with the growth of the food and meat industry, owing to the increasing consumption of convenient meat products such as raw cooked meat, precooked meat, baked meat, dried meat, and other processed meat products.

Key meat processing equipment players include GEA Group (Germany), JBT Corporation (US), Marel (Iceland), Illinois Tools Work (US), The Middleby Corporation (US), Bettcher Industries (US), Equipamientos Carnicos (Spain), Biro Manufacturing Company (US), Braher (Spain), RZPO (Russia), Bizerba (Germany), Riopel Industries (Canada), Minerva Omega Group (Italy), Risco (Italy), Millard Manufacturing Corporation (US), Apache Stainless Equipment Corporation (US), Gee Gee Foods & Packaging (India), PSS Svidnik (Presovsky), Ross Industries, Inc. (US), and Metalbud Nowicki (Poland). Agreements, product launches, partnerships, and acquisitions were the dominant strategies adopted by major players. These strategies have helped them to increase their presence in different regions.

To know about the assumptions considered for the study Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1253

GEA Group (Germany) is involved in the designing and manufacturing of food processing equipment and other industrial processing equipment catering to the chemical, pharmaceutical, marine, and other industries. The company operates in two major segments: BA equipment and BA solutions. It offers meat processing equipment, such as slicers, injectors, and massagers, under its BA equipment segment, through one of its subsidiaries, GEA Process Engineering Ltd. (Denmark). It focuses on developing products with advanced technologies to keep meat fresh for a longer duration. For instance, in February 2019, GEA introduced a new injection system, Multijector 2mm, that would be used for brining bacon/pork to keep them fresh for a longer duration.Marel (Iceland) is engaged in the manufacturing of processing equipment for the meat, fish, and poultry industries. It operates through four major segments: meat, fish, poultry, and others (water treatment, intralogistics, alternative proteins, and potatoes). 

Marel is continuously focused on developing new and innovative products to expand their product portfolios with an emphasis on offering customized products as per customer demands. Also, it is focused on innovating products to increase its range of applications. It follows the strategy of acquiring other companies to expand its product portfolios, services, geographical footprint, and customer base. For instance, in October 2019, it acquired Cedar Creek Company (Australia), a firm specializing in software and hardware for meat processors, which would aid the company to manufacture more innovative products and to expand its production line.

Marel has acquired a wide range of international brands, which include GEBA (Israel), Stork poultry processing (Netherlands), Delford Sortaweigh (UK), Norfo (Norway), and CP food machinery (Denmark), in the recent years.

The global tea extracts market is estimated to be valued at USD 2.5 billion in 2019 and is projected to reach USD 3.8 billion by 2025, recording a CAGR of 6.9%. The market is projected to witness significant growth due to factors such as the increase in the consumption of functional foods, rise in health consciousness among consumers, and increasing adoption of tea due to the ill-effects from caffeine, thereby widening the scope of its applications. The increasing market potential, growing population, and growing demand for different types of tea extracts, as per health benefits, are factors that are projected to impact the growth of the tea extracts market.

Download PDF brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102874765

By application, the food segment is projected to witness the highest growth in tea extracts market during the forecast period.There has been an increasing adoption of botanical extracts, as functional or flavor ingredients, in the food industry. Ingredient manufacturers, such as ADM and Givaudan, have been innovating the application of tea flavors in food products, such as bakery and confectionery products, frozen desserts, and dairy products. Also, the familiarity of this flavor among consumers have been driving the demand for tea-based foods, and hence, the segment has been projected to grow at a comparatively higher growth rate during the forecast period.

By type, the green tea segment is projected to dominate the tea extracts market during the forecast period.Green tea has already gained traction across the globe as a healthy alternative for caffeinated drinks. Its antioxidant property, complemented with its anti-inflammatory characteristics, has made tea extracts one of the most preferred beverages for consumers. An increase in the consumption of premium foods and increase in the popularity of functional foods also boost the opportunity for market. Innovative applications of green tea extract in cosmetics application has also expanded the growth opportunities in the market.

The increasing demand for tea extracts in Asia Pacific is projected to drive the growth of the market.

Though, a major producer of tea, consumption of tea-based RTD beverages and nutraceutical products are still in the nascent stages among Asian countries. Consumers, majorly favor tea as a hot beverage and not as a convenient product. Thus, the market for Asia Pacific in tea extract consumption is smaller compared to the North American and European markets. In addition, the market for tea extracts is fragmented in the Asia Pacific region, with multiple emerging and small-scale companies developing generic tea extracts in the Chinese market. The increase in FDI and increase in the living standards are going to make countries like China, India, Malaysia, and Thailand a promising opportunity for tea extracts market.

Speak to Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=102874765

Key Market PlayersKey players in this market include Archer Daniels Midland (US), Dupont (US), Kemin Industries (US), Givaudan (Switzerland), Synthite Industries Ltd. (India), Synergy Flavors (US), Frutarom (US), Finlays (UK), A.Holliday & Co. (Canada), Martin Bauer Group (Germany), Indena SPA (Italy), Futureceuticals (US), Amax Nutrasource Inc. (US), Cymbio Pharma Pvt. Ltd. (India), Teawolf (US), Phyto Life Sciences Pvt Ltd. (India), Taiyo International (Japan), AVT Tea Sources Ltd. (India), Halssen & Lyon GMBH (Germany), and Harrisons Tea (India). Major players in this market are focusing on enhancing their presence through new product launches, expansions, mergers & acquisitions, and collaborations. These companies have a strong presence in North America and Europe. They also have their manufacturing facilities and strong distribution networks across these regions.

According to the report “Acerola Extract Market by Application (Meat Products, Bakery Products, Confectioneries, Dairy & Frozen Desserts, and Beverages), Form (Dry and Liquid), Nature (Conventional and Organic), Functionality and Region – Global Forecast to 2026“, published by MarketsandMarkets™, the global Acerola Extract Market size is estimated to be valued at USD 16 Million in 2021. It is projected to reach USD 24 Million by 2026, recording a CAGR of 7.6%, in terms of value. The growing awareness among consumers regarding benefits associated with consumption of acerola extract is driving the demand for acerola extract.

The confectioneries segment is projected to grow at a CAGR of 7.0% in the acerola extract market

The acerola extract is used in confectionery as an antioxidant nutrient, which enhances the shelf-life of the products. It induces a tangy flavor in candies and other confectionery products. The acerola extract also plays an important role in increasing the nutritional value of products. The increasing disposable income has led to the rise in the consumption of confectioneries globally. The growth of the confectioneries industry is expected to drive the demand for acerola extract as well.

Speak to Analyst: 
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=14907092

The liquid segment accounts for the second-largest market share in the acerola extract market

Based on form, the liquid segment is the second-largest segment in the overall acerola extract market. The liquid acerola extract includes concentrates, blends, and juices, the demand for which is lesser compared to the dry form. According to industry experts, the share of the liquid form in the acerola extract market is smaller since the dry form offers a higher degree of convenience and storage, which is lacking in the liquid form.

The conventional segment is projected to account for the largest market share in the acerola extract market during the forecast period

By nature, the acerola extract market is segmented into conventional and organic. Conventional acerola farming includes synthetic chemical fertilizers, pesticides, herbicides, and other continual inputs. Hence, conventional acerola agriculture is typically highly resource-demanding and energy-intensive, increasing the total cost of production. However, conventional farming has high productivity as compared to organic farming. This factor fosters the growth of the conventional segment.

Request for Customization: 
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=14907092

The North America region is the largest region in the acerola extract market in the forecast periodNorth America is the largest region in the global acerola extract market in the forecast period. The presence of major acerola extract manufacturers such as Kemin Industries, Inc. (US) and The Green Labs LLC further drive the market in the region.

Key Players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as DSM (Netherlands), Kemin Industries, Inc. (US), Dohler GmbH (Germany), The Green Labs LLC (US), Diana Food S.A.S. (France), Naturex S.A. (France), NutriBotanica (Brazil), Handary SA (Belgium), Foodchem International Corporation (China), and Nichirei do Brasil Agrícola Ltda. (Brazil).

According to the report "Binders and Scaffolders for Meat & Meat Substitutes Market by Type (Binders For Meat & Meat Substitutes, Scaffolders For Cultured Meat), Application (Meat Products, Meat Substitutes, Cultured Meat), Meat Type, & Region - Global Forecast to 2026 and 2032", published by MarketsandMarkets™, the global Binders and Scaffolders for Meat & Meat Substitutes Market is projected to reach USD 4.2 billion, by 2026, at a CAGR of 2.6% from 2021 to 2026. The global cultured meat market is estimated to be valued at USD 593.0 million by 2032, recording a CAGR of 15.7% from 2026 to 2032.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122133103

The global perception toward animal meat products is shifting towards products like cultured meat. Today, a wide range of functional foods have been developed, including probiotics, prebiotics, and symbiotic foods. These products have changed the approach of considering animals only as a source of energy and nutrition to biologically manufacturing meat that confers benefits on human health.

A rise in demand for cultured meat is expected to drive the growth of the scaffolders market

The scaffolders and cultured market have been growing at an accelerated pace since the first creation of the cultured meat burger back in 2013. Dozens of companies have entered the cultured meat industry, and various product species such as chicken, beef, pork, and seafood are in the development process. The geographical distribution of these companies is in 19 countries across five continents, 37% in North America, 25% in Asia, and 21% in Europe. Several companies have emerged to embrace the cultured meat value chain, including low-cost cell culture medium, bioreactor, scaffolding materials, and cell lines.

Browse in-depth TOC on "Binders and Scaffolders for Meat & Meat Substitutes Market"
46 – Tables
22 – Figures
111 – Pages

The use of phosphates and hydrocolloids as binders increase the texture of the meat

Popular binders in ground meat-based products include oatmeal, breadcrumbs, rice, and even semolina. Starches, cereal floors, and vegetable hydrocolloids such as carrageenans and alginates are some of the widely used meat binders in the meat processing industry. The use of polysaccharide gums such as carrageenans and alginates as water binders in low-fat meat products is of great interest to meat processors because of consumer demand for leaner and lower-cost muscle foods. Meat-derived protein ingredients are collagen, gelatin, and blood-derived proteins. The addition of collagen to meat products as a binder has been shown to be advantageous. Collagen is believed to have the potential as a substitute for starches and other hydrocolloids in the formulation of meat products.

Request for Customization:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=122133103

Key Players:

Key players in this market include ADM (US), DuPont (US), Kerry (Ireland), Danagreen Co., Ltd (South Korea), Marix Meats (US), and Memphis Meat (US).

The report "Vitamins Market by Type (Vitamin B, Vitamin E, Vitamin D, Vitamin C, Vitamin A, and Vitamin K), Application (Healthcare Products, Food & Beverages, Feed, and Personal Care Products), Source (Synthetic and Natural), and Region - Global Forecast to 2023", The vitamins market is estimated to be valued at USD 5.18 billion in 2018 and is projected to reach USD 7.35 billion by 2023, at a CAGR of 7.3%. The market is driven by the growth in demand for functional and nutritionally enriched processed food products, the prevalence of vitamin deficiencies, and feed fortification due to a rise in global meat & dairy product consumption.

The Vitamin C segment is projected to be the fastest-growing segment during the forecast period.

The vitamin C segment, by type, is projected to be the fastest-growing segment. The increasing focus of consumers on health and wellbeing, along with multiple benefits provided by vitamin C such as faster healing of wounds and maintenance of skin, eye health, and immune system provides an opportunity to this segment for increased growth.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=159097794

The healthcare products segment is estimated to dominate the market in 2018.

The healthcare products segment, by application, is estimated to dominate the market during the forecast period. Rapid urbanization has led to changes in consumer lifestyles. Vitamins are gaining traction in the healthcare industry, as there is an increased focus on preventive health care. Further, vitamins are also known to sustain human health during various disorders and ailments such as diabetes, cardiovascular disease (CVD), Alzheimer’s, multiple sclerosis (MS), and the common cold.

The synthetic segment is set to dominate the market by 2023.

The vitamins market, by source, is projected to be dominated by the synthetic segment, which is projected to grow at the higher rate during the forecast period. Synthetic vitamins are chemically synthesized and produced largely from coal tar derivatives and petroleum extracts. They are widely preferred by end-user industries because of their ability to remain stable for a longer period of time and also because of the low costs associated with them in comparison with naturally sourced vitamins.

Asia Pacific is projected to be the fastest-growing market during the forecast period.

The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023. The incidences of regular and chronic diseases in this region are high. This has led to an increased focus on preventive health care, which has resulted in high consumption of healthcare products and fortified & functional food products with essential nutrients such as vitamins. Also, the market for vitamins in Asia Pacific is experiencing high growth due to its growing application in the feed industry, as the region accounts for the largest livestock population and caters to significant demands of livestock-based products such as milk, egg, and meat.

Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=159097794

This report includes a study of marketing and development strategies, along with a study of the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Koninklijke DSM N.V. (Netherlands), Glanbia plc (Ireland), ADM (US), BASF (Germany), Lonza Group (Switzerland), Vitablend Nederland B.V. (Netherlands), SternVitamin GmbH & Co. KG (Germany), Farbest-Tallman Foods Corporation (US), Watson Inc. (US), Zagro (Singapore), The Wright Group (US), Rabar Pty Ltd. (Australia), Adisseo (France), Showa Denko K.K. (Japan), and BTSA BIOTECNOLOGíAS APLICADAS S.L (Spain).

The insect protein market is projected to reach USD 1,336 million by 2025, from USD 144 million in 2019, at a CAGR of 45.0 % during the forecast period. Factors driving the market include the shift in preferences from animal protein to alternative proteins such as insect protein due to the increased concerns over future sustainability, and increased public and private support for new insect protein research projects in both developed and developing economies.


Collaborations between insect protein-based product manufacturers and retailers to increase visibility and awareness

Higher costs and visibility of insect protein-based products have been some of the major problems for the companies. Many start-ups have been selling these products majorly through online channels. However, due to the increasing awareness regarding the benefits of insect protein and to increase the visibility of insect protein-based products, many companies have started collaborating with retail chains and other convenience stores. For instance, Eat Grub, a UK-based insect protein-based product manufacturer, collaborated with SOK—one of Finland's largest supermarket groups. SOK would be selling Eat Grub’s products in 400 of its stores. In another instance, insect-based snacks French start-up, Jimini’s, secured a listing with Carrefour, a multinational retailer, to supply items to 300 of its stores. Jimini’s intends to educate and increase awareness regarding insect protein as a future sustainable source for proteins by selling insect-based products in retail stores. Thus, to increase visibility, awareness, and the sales of insect protein-based products, start-ups such as Eat Grub (UK) and Aspire Food Group (US) are collaborating with retail stores, which can be a strategic step to develop the insect protein industry.

Request Sample of this Report:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=150067243

Key Market Players:

Insect protein finds major applications in the food and feed industries, and hence, profiling of major manufacturers of insect protein products for both food and feed applications has been covered in this report. The key companies in the insect protein market for the food application include Aspire Food Group (US), EntomoFarms (Canada), Protifarm (Netherlands), Jimini’s (UK), Chapul Cricket Protein (US), and Swarm Nutrition GmbH (Germany), while key companies in the feed application include AgriProtein Holdings Ltd. (South Africa), EnviroFlight LLC (US), Innovafeed (France), Ÿnsect (France), Hexafly (Ireland), and Protix (Netherlands). These players are undertaking strategies such as new product developments and launches and divestments to improve their market positions and extend their competitive advantage.

EntomoFarms (Canada) is one of the leading insect technology companies operating in both the food and feed industries. Along with edible insects, the company develops and markets protein products in the Canadian market. It produces approximately 2,500 tons of protein powder for use in both food and feed applications, annually. The company believes in a zero-waste approach and produces frass for fertilizer application. For food application, it develops protein powder from crickets, while for application in the feed industry, the company provides customized solutions.

Ÿnsect (France) is an emerging biotechnology company involved in the manufacturing of specialty products for feed and plant nutrition. The company engages in the bioconversion of organic resources by insects and their processing into nutrients for feed and fertilizer applications. Some of these organic resources include polysaccharides and derivatives, organic fertilizers, and bioenergy. The company has vertically integrated operations. The company also engages in breeding insects; sorting their byproducts; processing valuable products such as protein, oil, chitosan, and frass for multiple industrial applications; as well as packaging and distributing products.

The company launched its lab-scale production of insect protein in 2013, in partnership with multiple research centers, after which the construction of its first commercial plant started in 2017 through multiple funds raised by the company. Ÿnsect owns Ÿnstitute, the world’s leading insect private R&D center dedicated to driving innovative new technologies, products, applications, and know-how.

Protix (Netherlands) is one of the leading insect ingredient companies, with a broad range of offerings based on black soldier flies. The company initiated and founded the International Producers of Insects for Feed and Food (IPIFF), one of the leading associations for insect protein. Protix has been actively tapping the European market for insect protein through both organic and inorganic strategies. The company, recently, in 2017, expanded its portfolio to include other insects such as crickets and mealworms, by acquiring Fair Insects (Netherlands). The company has been entering into partnerships with the leading players in the technology industry intending to enhancing its portfolio and regional presence in Europe. The company not only markets edible insects for animal nutrition but also processes byproducts from insects to provide premium protein-rich products in the market.

Make an Inquiry:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=150067243

Target Audience
Supply-side: insect protein manufacturers, suppliers, distributors, importers, and exporters
Traders and suppliers of raw materials such as insects
Demand-side: Food manufacturers, processors, and distributors
Regulatory side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
Associations and industry bodies: Food and Agriculture Organization (FAO), US Department of Agriculture (USDA), Grain and Feed Trade Association, and Food Products Association