Food & Beverages

Fish Protein Market to Reach US$ 5.5 Bn by 2032, driven by increasing Demand for Healthy and Sustainable Protein Sources: Global Insight Services

New York, July 2023: According to a new research study by Global Insight Services (GIS), the global Fish Protein Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 26.7 Billion by 2032.

Fish protein is a type of protein found in fish. Fish proteins are composed of amino acids, which are the building blocks of proteins. There are 20 different amino acids that can be found in proteins, and these 20 amino acids can be combined to form thousands of different proteins. Fish proteins are important for many reasons. They are necessary for the growth and repair of tissues, they help to produce enzymes and hormones, and they help to transport nutrients and oxygen in the blood. Fish proteins are also a good source of energy.

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Fish Protein Market: Key Trends and Drivers

Increasing Demand for Healthy and Sustainable Protein Sources

The increasing demand for healthy and sustainable protein sources is driven by several factors that reflect changing consumer preferences and a growing awareness of the environmental and health impacts of food choices. There is a rising recognition of the health benefits associated with consuming protein-rich diets. Proteins are essential macronutrients that play a crucial role in various bodily functions, including muscle development, immune system function, and hormone production. As people become more health-conscious, there is a growing emphasis on incorporating high-quality protein sources into their diets. Fish protein is considered a healthy option as it is low in saturated fats, rich in essential amino acids, and a good source of omega-3 fatty acids, which are known to have numerous health benefits, including cardiovascular health and brain function. The nutritional profile of fish protein makes it an attractive choice for individuals seeking a healthy protein source.

Moreover, sustainability concerns are becoming increasingly important in the food industry. With growing awareness of climate change, resource depletion, and environmental degradation, consumers are seeking more sustainable alternatives to traditional protein sources like beef and pork, which have a higher carbon footprint and require more resources for production. Fish protein offers an appealing solution as it is often perceived as a more sustainable option. This can have an impact on overall market growth.

Fish Protein Market: Restraints & Challenges

High Cost of Fish Protein Compared to Other Sources of Protein

The high cost of fish protein compared to other sources of protein can act as a limiting factor for its widespread adoption, thereby restraining the growth of the fish protein market. Fish proteins, especially from high-quality and sustainably sourced fish, can be relatively expensive due to various factors. These factors include the cost of fishing operations, processing, transportation, and storage, which can significantly impact the final price of fish protein products. As a result, fish protein may be less accessible and affordable for certain consumer segments, particularly those with lower income levels or budget constraints. The affordability barrier can limit the market potential and hinder the broader adoption of fish protein as a protein source.

The higher cost of fish protein can also lead to price competition with alternative protein sources such as poultry, beef, and plant-based proteins. These alternatives may be more cost-effective and readily available in many regions. As a result, consumers may opt for these more affordable options, further challenging the growth of the fish protein market. Moreover, the higher price point may deter food service providers and manufacturers from incorporating fish protein into their products, as it can increase production costs and potentially affect their competitiveness in the market.

Fish Protein Market Report Findings

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The concentrate segment is likely to hold a dominant Fish Protein Market share and grow at a substantial CAGR during the forecast period.

By type, the Fish Protein market is segmented into Concentrate, Isolate, and Hydrolysate. The Concentrate segment is anticipated to dominate the market during the forecast period. The segment was valued at USD 2,005.8 million in 2022, and it is anticipated to grow further to USD 2,965.0 million by 2032, at a CAGR of 3.8% during the forecast period. Aspects of fish protein are amino acids. The nutritional benefits of fish protein concentrate include being a high-quality protein that includes various vitamins and minerals. The benefits for personal health include a lower risk of heart attacks and better cognitive health. Additionally, it helps someone who is malnourished. FPC contains over 97% protein collagen and has no fat, carbohydrates, or carbs. Fish protein concentrates have been used as a protein source, mostly to increase the amount of lysine in wheat bread. Therefore, the expansion of the FPC segment is being driven by the high advantages of FPC used in new and helpful goods.

The growth is majorly attributed to the globally fish protein concentrate (FPC) is extensively used as an energy source and as a dietary supplement since it is an excellent source of animal protein that is also simple to digest. This has compelled producers to add FPC to various processed goods, including bread, cookies, and biscuits, to improve their nutritional value and meet customers’ increasing demand. It is also a cost-effective source of animal protein in poor nations, and food processors use it in regional and traditional dishes such as soups, stews, macaroni, spaghetti sauce, and others. These qualities of FPC have contributed to the segment’s growth.

The Powder segment is anticipated to hold a majority of the Fish Protein Market size throughout the study period.

By form, the Fish Protein Market is classified into Liquid and Powder. The Fish Protein market size for the Powder segment was USD 3,223.1 million in 2022, and it is anticipated to grow further to USD 4,960.8 million by 2032, at a CAGR of 4.2% from 2023 to 2032. Pharmaceutical-grade protein powders that help with muscle and blood healing after accidents are frequently made using powder solutions. This is anticipated to make the powder segment the market leader globally. Demand for natural components with low toxicity levels is increasing across various industries. These ingredients are also more cost-effective than whey isolate protein powders, further driving demand. Reduced spoiling risks, a great amino acid profile, and high water solubility make powder forms ideal for nutraceutical formulations.

It is becoming increasingly popular, including creating pharmaceutical-grade protein powders. The powdered fish protein hydrolysate is highly nutritious and has useful qualities. Because it has a longer shelf life and is easier to carry and store than the liquid form, the powder form of fish protein is in increasing demand.

The Animal Feed segment is anticipated to hold a majority of the Fish Protein Market size throughout the study period.

By Application, the Fish Protein market has been segmented into Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, and Animal Feed. The animal feed segment is anticipated to dominate the market during the forecast period. Because the product assists in reducing the emergence of infectious illnesses and supports the metabolic system of animals against bacteria, fungi, viruses, and parasites, the animal feed sector commands the market. This is one of the main causes boosting the demand for dietary protein in the market, coupled with the product’s capacity to enhance the health and metabolism of livestock. In the world of animal feed, grill chickens’ constant ingestion of dietary protein promotes the growth of their muscles. By making it easier to digest fibrous foods like grains and soybean meal, the enzymes in fish proteins that are found in fish proteins aid in the gut architecture of broilers. In addition, due to bioaccumulation, it is anticipated that over the next years, poultry animals will increasingly use natural growth promoters rather than antibiotic promoters, which will further increase demand for the product.

However, the pharmaceuticals segment is likely to witness the fastest growth during the forecast period by growing at a CAGR of 5.1% during the forecast period. In the pharmaceutical industry, food protein provides several health advantages, such as blood pressure control and skin anti-aging qualities, making it a safe chemical for ingestion by people. The product is appropriate for use as cosmetic components and in pharmaceutical and nutritional supplements due to its rapid absorption properties and high concentration of branched amino acids. Additionally, pharmaceutical preparation makers are quickly adding food protein to provide customers with natural and low-side-effect goods in response to the abovementioned issues. Here, food protein is utilized to create supplements for older people since it is quickly absorbed and does not affect blood levels of cholesterol or insulin. In turn, it is predicted that this factor will increase demand for the product throughout the projected period.

The North America region is estimated to exhibit the highest growth rate during the Fish Protein Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America region held the largest market share accounting for USD 1,408.2 Million in 2022 and growing at a CAGR of 3.1%. This is attributable to the highly developed retail structure and greater acceptance of fish protein due to the growth in obesity incidence. Furthermore, an increase in consumer spending on nutritional food and nutritional cosmetics adds to the appeal of fish protein in this region. Additionally, the product’s feasible availability in North America due to the existence of important firms that include Sopropeche, Guyamas Protein Company, Hofseth Biocare ASA, and others will boost the region’s development in fish protein. Furthermore, the fish protein market in the United States is the largest in North America, owing to the abundance of accessible fish. One of the primary causes of the growth in the United States is an increase in protein-based diets. Consumers are leaning towards seafood eating since it helps to maintain appropriate body weight and aids in fat loss.

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Competitive Landscape

Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the Fish Protein market. Key companies profiled in Cooke Aquaculture (Omega Protein Corporation), Bio-Oregon, Mukka Proteins Limited, Colpex International S.A.C, , Aroma NZ, Scanbio Marine Group AS, Barentz International BV (Ingredients Inc.), Bio Phoenix Formulations, PeterLabs Holdings Berhad, and GRUPO APELSA (Apelsa Guadalajara S.A DE C.V.).

Recent Developments in the Fish Protein Market:

• In May 2022, Pioneer Point Partners LLP and Verdane have agreed to participate in Scanbio Marine Group AS, the top fish waste management company headquartered in Norway, starting May 2022. The partnership, which represents the third investment from Pioneer Infrastructure Partners SCSp, a €575 million fund, and the fifth from Verdane’s €300 million Verdane Idun impact fund, will help Scanbio grow its business and position itself as a top provider of aquaculture waste management services for the production of high-value end products. The Company fully supports Pioneer and Verdane’s goals of advancing the circular economy, the green transition, and sustainable food production.
• In May 2020, the dynamic field of taste and nutrition has seen Barentz International, a top global distributor of life science components, expand its operations. The firm gladly announces the purchase of Ingredients Inc., a prominent creator, and supplier of premium ingredients to food and beverage, pet food, and nutraceutical industries with headquarters in Chicago and a long history of success in the USA.

Fish Protein Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Fish Protein Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of Fish Protein Market in terms of revenue ($Million).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Fish Protein industry.
• A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
• Analytical depiction of the Fish Protein Market along with the current trends and future estimations to depict imminent investment pockets. The overall Fish Protein industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Fish Protein Market are also analyzed.

Global Fish Protein Market Segmentation

By Type

• Concentrate
• Isolate
• Hydrolysate

By Form

• Liquid
• Powder
• Drug Discovery

By Application

• Food & Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Animal Feed

By Region:

•  North America
  •  The U.S.
  • Canada
  •  Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  •  Italy
  • Netherlands
  • Sweden
  • Switzerland
  •  Denmark
  • Finland
  •  Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  •  Rest of Asia-Pacific
•  Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Cooke Aquaculture (Omega Protein Corporation)
• Bio-Oregon
• Mukka Proteins Limited
• Colpex International S.A.C,
• Aroma NZ
• Scanbio Marine Group AS
• Barentz International BV (Ingredients Inc.)
• Bio Phoenix Formulations
• PeterLabs Holdings Berhad
• GRUPO APELSA (Apelsa Guadalajara S.A DE C.V.).

U.S. and Colorado RTD Cocktail Market to Reach US$ 4.6 Bn by 2032, driven by the increase in the number of military attacks in the province: Global Insight Services

New York, May 2023: According to a new research study by Global Insight Services (GIS), the global U.S. and Colorado RTD Cocktail market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 4.6 Billion by 2032.

A RTD cocktail is a pre-mixed alcoholic beverage that is typically sold in a can or bottle. RTD cocktails are convenient because they require no additional mixing or preparation, making them ideal for parties or other events where alcohol will be served. There are a variety of RTD cocktails available, including popular options such as Moscow Mules, Margaritas, and Bloody Marys. RTD cocktails are typically made with lower-quality alcohol, so they are not as strong as cocktails made from scratch. However, RTD cocktails can still be potent, so it is important to drink them responsibly.

They are a practical choice that enables customers to take advantage of pre-made drinks at home or when traveling. These beverages often contain less alcohol. Cocktails that are ready to drink are flavor-infused, carbonated alcoholic beverages with lower fat and sugar content than other alcoholic beverages. RTD cocktails provide customers a handy option to enjoy their preferred alcoholic beverages without going to a restaurant or bar as busy lifestyles increasingly trend towards decadent experiences at home.

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U.S. and Colorado RTD Cocktail Market: Key Trends and Drivers

Surging RTD Cocktails Consumption owing to the Busy Lifestyles and Hectic Work Schedules

An increasing number of young people are today falling with stress due to busy working & hectic work schedule or mismanaged lifestyle. The current lifestyle of the young generation is a wake-up call for major health-related issues. Hypertension is one such disease that is a significant concern in society today.

Furthermore, the work schedules of Colorado employees could be more stable and predictable. For instance, according to the article published by The Shift Project, the majority of Colorado employees report having irregular or unusual work schedules. Another 20% claim working night or evening shifts routinely, another 30% report varying schedules, and 20% report rotating schedules. Just 25% of employees in the service industry report having a regular daytime work schedule. These metrics demonstrate that many Colorado service industry employees deal with erratic and irregular work patterns. Moreover, we discover that these workers frequently lack control over their schedules. Just 16% of employees have significant influence over the days and hours they are scheduled to work, compared to 30% who have some involvement. Almost half of all employees have no say in determining their work schedules.

U.S. and Colorado RTD Cocktail Market: Restraints & Challenges

As the market in the US and Colorado has developed, more manufacturers have started to enter it. Yet, those who are unable to keep up with the competition and satisfy the needs of the local market will surely fail. Companies should go through an analysis of the market size, growth prospects, competition in their target price range and for the product type, and receive professional guidance regarding strengths and weaknesses to understand better the competition that currently exists and the overall potential for their product in the market for alcoholic RTDs.

The American alcohol market is distinct and intricate. Nonetheless, many businesses attempt to do so without having any idea of the markets, target audiences, or partners they should be collaborating with to sell their products. The secret to success is understanding your organization’s target market for RTDs and premixes, the ideal client profile, and the kind of sales partner that best suits your requirements. Do a target market analysis to determine the best local markets for businesses to target (such as Colorado), learn the specific characteristics of their potential customers (such as purchasing patterns), and seek advice on the kind of distributor to partner with.

Therefore, evaluating the competition and geographic & demographic targeting is a more significant challenge for every RTD cocktail manufacturer present in US and Colorado.

U.S. and Colorado RTD Cocktail Market Report Findings

https://www.globalinsightservices.com/reports/u-s-and-colorado-rtd-cocktail-market/

The spirit-based segment segment is likely to hold a dominant U.S. and Colorado RTD Cocktail market share and grow at a substantial CAGR during the forecast period.

On the basis of type, it is segmented into wine-based, spirit-based, and malt-based. The spirit-based segment accounted for the largest revenue in the market. It was valued at USD 642.4 million in 2022 and it is anticipated to grow further to 2,923.7 million by 2032, at a CAGR of 15.5% during the study period.

Most customers favor RTD cocktails with a foundation of spirits—gin, tequila, rum, and whisky—driving the segment’s rise. More product launches by the leading manufacturer in this category are projected to drive growth in the coming years. For example, Wood’s High Mountain Distillery, a Colorado-based firm, debuted three new RTD drinks in 12-ounce aluminum cans with ABV ranging from 8% to 11% in November 2021. Organic Assam, orange pekoe tea, cardamom, lemon peel, and grapefruit are among the components in the beverages. On the other hand, consumer demand for vibrant tastes and luxury products is anticipated to enhance the consumption of RTD cocktails using whisky as a foundation.

The bottles segment is anticipated to hold a majority of the U.S. and Colorado RTD Cocktail market size throughout the study period.

On the basis of packaging, the U.S. and Colorado RTD cocktail market is bifurcated into cans, bottles. The bottles segment is anticipated to account for the largest market share in 2022, and cans segment is expected to be the fastest-growing segment during the forecast period.

The idea of ready-to-drink cocktails was first introduced in a bottle package style and quickly gained popularity worldwide. Glass bottles were used for packaging since the product closely resembled beer. Also, the development of glass bottles results from the need for more aluminum in nations like the U.S. Due to these market dynamics, the demand for glass bottles rose across the U.S. Several customers seek high-end portable drinks with stylish packaging that complement their taste. Manufacturers attempt to provide items in this packaging because customers prefer cans to bottles.

The hypermarkets/supermarkets segment is anticipated to hold a majority of the U.S. and Colorado RTD Cocktail market size throughout the study period.

Based on distribution channel, the U.S. and Colorado RTD cocktail market is segmented into hypermarkets/supermarkets, online, and liquor stores. The hypermarkets/supermarkets segment is anticipated to account for 65.07% market share in 2022, and online segment is expected to be the fastest-growing segment during the forecast period.

In 2022, supermarkets and hypermarkets accounted for the largest revenue share. RTD beverages are frequently available through these channels since they contain less alcohol. Also, the majority of businesses in this industry sell their goods via merchants like Walmart owing to their extensive customer reach. Additionally, supermarkets are launching their own private-label brands more often in response to consumer demand. Moreover, supermarkets and hypermarkets sometimes have extended hours, which makes it simpler for people to buy alcohol. Last but not least, a large parking lot is a common feature of hypermarkets, making it easier for consumers to find a parking space.

The US region is estimated to exhibit the highest growth rate during the U.S. and Colorado RTD Cocktail market forecast period.

The market is analyzed across Colorado and Rest of the U.S. The US market was valued at USD 1,224.0 million in 2022 and it is expected to grow further to USD 4,633.3 million by 2032, at a CAGR of 13.5% during the forecast period. Making Ready-To-Drink (RTD) or bottled drinks helped established businesses introduce hard seltzer. Substantial quarterly profits from similar sources have highlighted the numerous market prospects RTD has in the US. RTDs’ ease and variety have become standard among American consumers, and as a result, more and more individuals are upgrading to spirit-based cocktails. This reflects the general premiumization tendency for spirits in the United States and the growing appeal of bar-made cocktails.

Alcohol use has no proven health advantages, and during the previous two years, consumer behavior has mirrored this finding: In 2021, 60% of American people polled said they used alcoholic beverages—a 5% decrease from 2019, according to the article published in the AlphaSense platform in October 2022. Furthermore, 22% of consumers plan to consume less alcohol in 2021 for reasons related to their health and well-being, according to the article published in the AlphaSense platform in October 2022. People choose non-alcoholic sodas, sparkling waters, and energy drinks that support cognitive and digestive health advantages as wellness becomes a higher priority in their lifestyle decisions.

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Competitive Landscape

The U.S. and Colorado RTD cocktail market is moderately consolidated with the presence of a few players. Key companies profiled in the report are Abbott & Wallace Distilling Company, Backyard Bev Co, Curation Beverage Company LLC, Fenceline, GOLDEN MOON DISTILLERY, Hooch Booch, Lee Spirits Company, LIFTED LIBATIONS, Strongwater, and Wood’s High Mountain Distillery, LLC, among others.

Recent Developments in the U.S. and Colorado RTD Cocktail Market:

• In November 2022, Abbott and Wallace Distilling launches new pub at 350 Terry Street. The reimagined location now includes food from an on-site kitchen to compliment the craft cocktails, craft beer and wine traditionally served there.
• In July 2022, Holidaily Brewing Company and Golden Moon Distillery collaborated to create a whisky based on Holidaily Brewing Company’s licensed gluten-free beer. The concept inspired Golden Moon Distillery’s Collaboration series, which uses local beer to create a range of flavored whiskies. Golden Moon Collaboration #1 Holidaily Blonde – Colorado Hopped Whisky, brewed with Holidaily Brewing Company’s flagship beer, Favorite Blonde Ale, will kick off the series.
• In April 2022, Hooch Booch opened new store in Minnesota.
• In May 2021, Fenceline Cider has announced a new partnership with Culture Beverage, a front range beverage wholesaler. Fenceline Ciders will be accessible from Colorado Springs to Fort Collins as part of this new collaboration, and Fenceline will be Culture Beverage’s exclusive Colorado Cider brand.

U.S. and Colorado RTD Cocktail Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current U.S. and Colorado RTD Cocktail Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of the U.S. and Colorado RTD Cocktail Market in terms of value (USD Million).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the U.S. and Colorado RTD Cocktail Market
• A thorough analysis of market trends and restraints is provided.
• Analytical depiction of the U.S. and Colorado RTD Cocktail Market along with the current trends and future estimations to depict imminent investment pockets.
• The overall U.S. and Colorado RTD Cocktail Market opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, pricing analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, Case Studies, and PESTLE analysis of the U.S. and Colorado RTD Cocktail Market are also analyzed.

.S. and Colorado RTD Cocktail Market Segmentation

By Type

• Wine-based
• Spirit-based
• Malt-based

By Packaging

• Cans
• Bottles

By Distribution Channel

• Hypermarkets/Supermarkets
• Online
• Liquor Stores

By Region

• • The U.S.
  • Colorado

Key Players

• Strongwater
• GOLDEN MOON DISTILLERY
• Fenceline
• Curation Beverage Company LLC
• Hooch Booch
• Abbott & Wallace Distilling Company
• Backyard Bev Co
• Wood’s High Mountain Distillery, LLC
• Lee Spirits Company
• LIFTED LIBATIONS

Fungicides Market to Reach US$ 28.4 Bn by 2032, driven by Demand for crop yield is increasing with growing population worldwide. This has led to high demand for multiple crop care chemicals as well as fungicides to reduce crop losses.

New York, April 2023: According to a new research study by Global Insight Services (GIS), the global Fungicides Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 28.4 Billion by 2032.

In modern farming, fungicides play a crucial role in protecting crops from fungal diseases. Changes in farming techniques and technological advancements have encouraged the farmers to engage in effective pest management. Surge in pest management practices have also increased awareness of crop saving properties of the fungicides. These are used to kill the fungus spores and to improve the quality of crops. Fungicide reduces crop losses before and after harvest along with increase in crop yield. Chemical and pharmaceutical industries are the major sources of fungicides. In addition, there is an increase in the requirement of food products owing to surge in population. The losses in food crops mainly occur due to the diseases in crops during various crop development stages. There is an increase in the usage of fungicide in floriculture, horticulture, and mainly in farming to increase the yield of crops and to protect crops from several diseases. In farming, fungicides are primarily used in cereal crops.

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Fungicides Market: Key Trends and Drivers

Multiple regions are agrarian economies including the majority of Asia Pacific, such as India, Indonesia, South Korea, and Thailand, American countries, such as Mexico, and Central and South America. These countries are widely dependent on their agricultural output as agriculture presents a significant portion of their GDP. For such countries, agricultural produce directly impacts the nation’s economy and therefore the farming committee is constantly made aware of the benefits of using various chemicals and other products to boost crop yield with least possible crop loss.

Fungicides are one of the most commonly utilized pesticides, which kill fungi and their spores, controls blights, rust and mildews or prevents crops against fungal infections, thereby reducing damages. However, since fungicides cannot prevent crop losses against all sorts of diseases, it is critically essential to understand the cause of the disease. For instance, the substance cannot control crop losses caused due to insects and abiotic factors. Therefore, agricultural communities are constantly updating the farming committee about the use of precise chemicals for various pest management measure.

Fungicides Market: Restraints & Challenges

The key restraints and challenges in the Fungicides market are:

1. Stringent government regulations: Fungicides are subject to stringent government regulations in many countries due to their potential impact on human health and the environment. This has led to a decline in the use of fungicides in some countries and regions.

2. High cost of production: The high cost of production is another major challenge facing the fungicides industry. The cost of raw materials and the need for specialized equipment and skilled labor make fungicides among the most expensive pesticides to produce.

3. Intense competition: The fungicides market is highly competitive, with a large number of multinational companies and regional players. This intense competition has led to a decline in prices and margins in recent years.

4. Slow growth of end-use markets: The slow growth of end-use markets is another challenge for the fungicides industry. The main end-use markets for fungicides, such as agriculture and horticulture, have been growing at a slow pace in recent years.

Fungicides Market Report Findings

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The Dithiocarbamates segment is likely to hold a dominant Fungicides Market share and grow at a substantial CAGR during the forecast period.

By active ingredient, the Fungicides Market is segmented into Dithiocarbamates, Benzimidazoles, Chloronitriles, Triazoles, and Others. The Dithiocarbamates segment held the largest market share of xx% in 2022 and is expected to grow at a significant CAGR over the forecast period. Dithiocarbamates have been significantly in use in tobacco farming to control field disease, such as clue mold as well as seedbed. Ethylenebis-(dithiocarbamates) and N, N-dimethyl dithiocarbamate are the two commonly recognized dithiocarbamates that are used worldwide. Certain countries such as Argentina, Brazil, Canada, Chile, China, France, Germany, India, Greece, Indonesia, Cuba, and Colombia are among the largest consumers of dithiocarbamates for their tobacco farming.

The Cereals & Grains segment is likely to hold a dominant Fungicides Market share and grow at a substantial CAGR during the forecast period.

By crop type, the Fungicides Market is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others. Cereals and grains held the largest share of 65.5% in terms of volume in 2019. In cereals and grains, application of the substance needs utmost understanding of the disease types in order to be fruitful for both the farmers and the overall grains industry. Accurate identification of the crop symptoms enables farmers to apply precise amount of fungicides in order to refrain the spread of pathogens. Grains and cereals need constant monitoring across all seasons and understanding of cultivar resistance is considered to be the best approach towards ceasing fungal infections in grains. The use of the substance in adequate permissible quantity ensures the protection of plant tissues by controlling growth of pathogens. The two significantly followed methods of application of fungicides to cereals are through direct foliar spray into stems or leaves and by application in furrow. Spraying of the substance during stem elongation is considered to be the most effective method of application. If any pathogens are detected at an early stage, the application of the substance at that initial stage helps to prevent the spread of the disease.

The Asia Pacific region is estimated to exhibit the highest growth rate during the Fungicides Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is among the largest consumer of fungicides in the market. During the study period, there was increased investment in R&D for manufacturing novel, innovative, and cost-efficient solutions against fungi in crops in the region. The region’s high production potential for grains, cereals, and vegetables increased the demand for fungicides in the market. Fungicides, especially SDHI fungicides, are often used in combination with other chemicals, mainly for seed treatments in the region. For instance, carboxin is often used with thiram for seed treatment of various crops, such as soybean, groundnut, cotton, and potato. The increased demand for food among the growing population can be attributed to the need to enhance crop yield.

In India, several government agencies, such as the Ministry of Agriculture and Farmers Welfare, the Department of Biotechnology (DBT), and the Ministry of Science and Technology, have been promoting the research, development, and commercialization of bio-based fungicide.

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Competitive Landscape

The key players in the market are Adama Ltd., BASF SE, Bayer AG, FMC Corporation, Corteva Inc., Novo Nordisk AG, Nufarm Ltd., Sumitomo Chemical Company, Syngenta AG and Tata Chemicals Ltd.

Recent Developments in the Fungicides Market:

• In August 2022: Syngenta launched the TYMIRIUM technology platform brand. It is a novel nematicide and fungicide technology under development for seed and soil applications. It is easy to use and highly performs in controlling nematodes and fungal diseases.
• In May 2022: Corteva Agriscience launched Zorvec Encantia, a new fungicide for potatoes targeting late blight, a harmful pathogen currently threatening local potato growth.
• In May 2022: UPL acquired OptiCHOS, a naturally derived fungicide for its Natural Plant Protection (NPP) business unit, and will help the company expand its global presence through increased product offerings.
• In September 2021: Corteva signed an agreement with Gaiago to develop and distribute biofungicide solutions globally. Through this agreement, Corteva received the global testing license and commercial rights for novel biofungicide technology that can help protect grapevines, potatoes, and vegetables against pathogens.

Fungicides Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Fungicides Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Fungicides Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Fungicides Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Fungicides Market Segmentation

By Product & Services

• mHealth Apps
• Medical Apps
• Fitness Apps
• Connected Medical Devices
• Vital Signs Monitoring Devices
• Peak Flow Meters
• Sleep Apnea Monitors
• Multiparameter Trackers
• Fetal Monitoring Devices
• Neurological Monitoring Devices
• Others

mHealth Services

• Remote Monitoring Services
• Diagnosis & Consultation Services
• Treatment Services
• Healthcare System Strengthening Services
• Fitness & Wellness Services
• Prevention Services

By End-user

• Healthcare Providers & Payers
• Patients/Consumers
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• AgaMatrix, Inc. (US)
• AIRSTRIP TECHNOLOGIES, INC. (US)
• Apple Inc. (US)
• AT&T Inc. (US)
• athenahealth, Inc. (US)
• iHealth Labs, Inc. (US)
• Koninklijke Philips N.V. (Netherlands)
• Medtronic (US)
• OMRON HEALTHCARE Co., Ltd. (Japan)
• TrueCare24, Inc. (US)

Brown Rice Market to Reach US$ 12.5 bn by 2032, driven by rising demand for high-fiber foods: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global Brown Rice Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 12.5 bn by 2032.

Brown rice is whole-grain rice whose inedible outer hull has been removed. White rice is also the same grain but has the bran layer, the hull, and cereal germ removed. Brown rice comprises carb-rice endosperm as-well-as fibrous bran that is good for your health. With copious fibre content with a lot of vitamins and minerals, brown rice also facilitates weight loss. Brown rice gets its color, flavor and texture from the bran layers that remain on the rice when it goes through the hulling process. It’s milled for less time than white rice, which is why it retains the bran layers and is known for being a healthy source of fiber and for its chewy texture and nut-like flavor.

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Brown Rice Market: Key Trends and Drivers

The brown rice industry is being pushed by rising demand for high-fiber foods that help treat several chronic conditions and enhance gut health. B1, B3, and B6 vitamins, phosphorus, manganese, and iron are all present in this product. Large producers have made investments in these rice products and are reaping the rewards of the rising demand for functional foods high in fiber. Since fiber helps control blood sugar levels, research has shown that this particular rice type is linked to weight reduction. All retail outlets are now seeing an increase in the popularity of this method of quickening weight reduction. The consumption of organic thin brown rice has increased as a result of the trend toward organic food and the belief that such goods are safer.

Brown Rice Market: Restraints & Challenges

Rice price fluctuation greatly hinders global brown rice market growth since the price of thin brown rice is heavily reliant on the price of white rice. The world’s second-most popular grain is rice. In many nations, it is a common food. It is mostly made in Asia and South Asia and traded all over the world. During the past ten years, countries in Europe and North America have contributed much more to global rice imports. Yet, due to its reliance on the weather, its price is extremely unpredictable. Thus, the volatility in the price of rice is expected to restraints the market growth.

Brown Rice Market Report Findings

https://www.globalinsightservices.com/reports/brown-rice-market/

The organic segment is anticipated to hold a majority of the Brown Rice Market size throughout the study period.

Based on the nature, the Brown Rice market is divided into conventional, and organic. Throughout the time period covered by the projection, the organic market sector is showing the largest CAGR growth. The demand for organic rice is growing as more people become aware of the benefits of eating healthier food and understand that environmentally sustainable techniques result in foods that are healthier and more nutrient-dense for consumers to consume. Brown rice that is organic is an excellent food choice because it is low in calories while providing a wealth of healthful components such as fibre, phytochemicals, and essential minerals. Moreover, to promoting proper weight control and digestive health, consumption of whole grains is associated with a reduced risk of developing cardiovascular disease as well as certain types of cancer. The majority of consumer interest in rice is concentrated in Northwest Europe due to the preeminent position that the United Kingdom plays in rice production and the absence of traditional usage. While there is a growing need for nutritious foods that are produced sustainably, brown rice that has labels indicating that it is organic and fair trade has more potential buyers.

The Long Grain Brown Rice segment is anticipated to hold a majority of the Brown Rice Market size throughout the study period.

By length, the industry is bifurcated into Short Grain Brown Rice, Medium Grain Brown Rice, and Long Grain Brown Rice. During the course of the projection period, it is anticipated that the long-grain brown rice segment will have the majority share of the market. Long grain has a bigger market share across the world as a direct result of the rising consumption of this product. Long grains are becoming more and more popular for parties, pilafs, sautés, and other dishes because they stay solid, plump, and unnoticeable after cooking. They require a longer period of cooking time compared to other types of dishes. Rice with long dark grains will only grow well in warm, nutrient-dense soil. The soil temperature should also be high. Even though rice is grown in every corner of the world, the most productive areas for cultivating long-grain rice are China, the United States, Thailand, and South America. This is because the climate in these areas is particularly conducive to the growth of the crop.

The brown basmati rice segment is likely to hold a dominant Brown Rice Market share and grow at a substantial CAGR during the forecast period.

Based on type, the industry is categorized into Sweet Brown Rice, and Brown Basmati Rice. It is anticipated that the segment of brown basmati rice will hold the biggest market share throughout the timeframe of the forecast. Its principal applications in food products, as well as the shift in people’s tastes towards eating outside food rather than a diet full of nutrient-dense meals, are to blame for the expansion of this market segment. Brown basmati rice is widely regarded as one of the best varieties of rice in the world. This is mostly due to the fact that it has a relatively low GI and a high fibre content. Consuming heart-healthy grains, such as brown basmati rice, and eating a nutrient-dense diet have been linked to a lower risk of developing cardiovascular disease. The Food and Agriculture Organization of the United Nations (FAO) reports that brown basmati rice delivers around 20% more fibre than other types of brown rice and more than the white version, which is contributing to the expansion of this market segment.

The Supermarkets/Hypermarkets segment is anticipated to hold a majority of the Brown Rice Market size throughout the study period.

Based on distribution channel, the Brown Rice market is divided into Supermarkets/Hypermarkets, Grocery Stores, Department Stores, and Online Retailers. The super stores distribution channel segment will account for a major chunk of the market between 2023 and 2032, as these settings offer an ease of product availability. There has been growing focus of major players including Walmart and Fairway on increasing the number of stores for purchasing brown rice due to the surging local demand. Increasing preference mainly among the urban and semi urban population will drive the market growth.

The North America region is estimated to exhibit the highest growth rate during the Brown Rice Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America is likely to emerge as a prominent revenue source for the brown rice market owing to the increasing levels of health consciousness among consumers. The rapidly expanding obese population and the rising income levels in the region will also influence the market growth. According to the OAC (Obesity Action Coalition), around 93 million people are affected by obesity in the U.S.

Sweet rice is consumed in South East Asian countries and is fatty in content. Long grain becomes firm and offers a fluffy texture. Medium grain offers a sweet and nutty flavor and retains its tenderness in cooking. Short grain is up for a sweeter taste and lends itself to a chewable and denser texture. Asia Pacific is the most dominant player in the rice-producing field with Thailand remaining the topmost exporter of brown rice followed by Vietnam and India. The brown rice market is fragmented in nature with significance accounting for only the top 10 countries contributing to 50% of global rice imports.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Brown Rice market include Amira Nature Foods Ltd (UAE), Daawat (India), Grain Millers, Inc. (US), Kohinoor Foods Ltd. (India), Lundberg Family Farms (US), Riviana Foods Inc. (US), SunFoods, LLC (Hinode) (US), T.K. Ricemill and Ash (Thailand), Taj Mahal Basmati Rice (India), and Tamaki Rice Corporation (Japan). among others.

Recent Developments in the Brown Rice Market:

• In April 2022, Riviana Foods unveiled Success Rice packaging, a new look for its brand’s hero products, including Brown Rice, Quinoa, and Basmati Rice among others.
• In April 2022, LT Foods Launched Daawat Biryani Kit in Three Regional Variants for consumer to cook authentic biryani at home with utmost convince.

Brown Rice Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Brown Rice Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Brown Rice Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Brown Rice Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Brown Rice Market Segmentation

By Nature

• Conventional
• Organic

By Length

• Short Grain Brown Rice
• Medium Grain Brown Rice
• Long Grain Brown Rice

By Type

• Sweet Brown Rice
• Brown Basmati Rice

By Distribution Channel

• Supermarkets/Hypermarkets
• Grocery Stores
• Department Stores
• Online Retailers

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Amira Nature Foods Ltd (UAE)
• Daawat (India)
• Grain Millers, Inc. (US)
• Kohinoor Foods Ltd. (India)
• Lundberg Family Farms (US)
• Riviana Foods Inc. (US)
• SunFoods, LLC (Hinode) (US)
• K. Ricemill and Ash (Thailand)
• Taj Mahal Basmati Rice (India)
• Tamaki Rice Corporation (Japan)

RTD Cocktail Market to Reach USD 118.5 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global RTD Cocktail market is expected to grow rapidly over the next 10 years to reach a value of more than USD 118.5 billion by 2032.

A RTD cocktail is a pre-mixed alcoholic beverage that is typically sold in a can or bottle. RTD cocktails are convenient because they require no additional mixing or preparation, making them ideal for parties or other events where alcohol will be served. There are a variety of RTD cocktails available, including popular options such as Moscow Mules, Margaritas, and Bloody Marys. RTD cocktails are typically made with lower-quality alcohols, so they are not as strong as cocktails made from scratch. However, RTD cocktails can still be potent, so it is important to drink them responsibly.

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RTD Cocktail Market: Key Trends and Drivers

The key drivers of RTD cocktail market are the increasing demand for ready-to-drink cocktails, the growing popularity of premium and artisanal cocktails, and the increasing number of women drinkers.

The ready-to-drink cocktail market is driven by the increasing demand for convenient and easy-to-drink cocktails. Consumers are increasingly looking for RTD cocktails that are pre-mixed and ready to drink, without the need for additional ingredients or preparation. This trend is being driven by the growing popularity of premium and artisanal cocktails, as well as the increasing number of women drinkers.

The growing popularity of premium and artisanal cocktails is driving the demand for RTD cocktails that are made with high-quality ingredients and offer a premium drinking experience. Consumers are willing to pay premium prices for RTD cocktails that are made with premium spirits, fresh fruits and vegetables, and unique flavor profiles.

RTD Cocktail Market: Restraints and Challenges

There are a few key restraints and challenges in RTD cocktail market. Firstly, the high alcohol content in RTD cocktails can make them unpalatable for some consumers.

Secondly, RTD cocktails often have a shorter shelf life than other alcoholic beverages, meaning that they need to be consumed relatively quickly after purchase.

Finally, RTD cocktails can be more expensive than other alcoholic drinks, which may deter some consumers from purchasing them.

RTD Cocktail Market Report Findings

https://www.globalinsightservices.com/reports/rtd-cocktail-market/

The wine-based segment is anticipated to dominate the market during the forecast period

Based on type, it is segmented into wine-based, spirit-based, and malt-based. The wine-based segment is anticipated to dominate the market during the forecast period. Similarly, the spirit based segment is anticipated to witness the fastest growth during the forecast period.

The cans segment is anticipated to dominate the market during the forecast period

Based on packaging, it is segmented into cans, and bottles. The cans segment is anticipated to dominate the market during the forecast period. Similarly, the bottles segment is anticipated to witness the fastest growth during the forecast period.

The hypermarkets/supermarkets segment is anticipated to dominate the market during the forecast period

Based on distribution channel, it is segmented into hypermarkets/supermarkets, online, liquor stores, and others. The hypermarkets/supermarkets segment is anticipated to dominate the market during the forecast period. Similarly, the online segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Cutwater Spirits, Five Drinks Co., Goslings, Slow & Low, Kahlúa, Lifted Libations, Livewire, Miami Cocktail Co., Novo Fogo, and On the Rocks among others.

RTD Cocktail Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global RTD Cocktail market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future RTD Cocktail market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the RTD Cocktail market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global RTD Cocktail industry.

Global RTD Cocktail Market Segmentation

By Type

• Wine-based
• Spirit-based
• Malt-based

By Packaging

• Cans
• Bottles

By Distribution Channel

• Hypermarkets/Supermarkets
• Online
• Liquor Stores
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Cutwater Spirits,
• Five Drinks Co.,
• Goslings,
• Slow & Low,
• Kahlúa,
• Lifted Libations,
• Livewire,
• Miami Cocktail Co.,
• Novo Fogo
• On the Rocks

Saffron Market to Reach USD 804.4 million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Saffron market is expected to grow rapidly over the next 10 years to reach a value of more than USD 804.4 million by 2032.

Saffron is a spice that is derived from the Crocus sativus flower. The flower is native to Greece and Asia Minor. Saffron is used in many different cuisines around the world, including Indian, Persian, and Spanish dishes. It is also used as a dye and in perfumes.

Saffron consists of stigmas, which are the female reproductive organs of the flower. The stigmas are dried and then used either whole or ground. Saffron has a pungent, bitter taste and an intense aroma. It is used to flavor and color dishes such as risotto, paella, and bouillabaisse. It can also be used to make saffron tea.

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Saffron Market: Key Trends and Drivers

The key drivers of the saffron market are quality, price, and availability. Saffron is a highly prized spice, and as such, its price is reflective of its quality. The best saffron is typically sourced from Iran, and as a result, Iranian saffron is often the most expensive. However, saffron from other origins can be just as good in quality, and as a result, its price is more reflective of its availability. Saffron is also a relatively rare spice, and as a result, its price is also reflective of its availability. When demand is high and supplies are low, the price of saffron will increase.

Saffron Market: Restraints and Challenges

The key restraints and challenges in Saffron market include:

1. Saffron is a very delicate and perishable spice, and thus has a very short shelf life.

2. Saffron is a very expensive spice, and thus is not affordable for many people.

3. Saffron is a very strong spice, and thus can be easily overdone, which can make dishes unpalatable.

4. Saffron is a very potent spice, and thus can cause allergic reactions in some people.

Saffron Market Report Findings

https://www.globalinsightservices.com/reports/saffron-market/

The liquid segment is anticipated to dominate the market during the forecast period

By form, it is segmented into liquid, thread, and powder. The liquid segment is anticipated to dominate the market during the forecast period. Similarly, the thread segment is anticipated to witness the fastest growth during the forecast period.

The food & beverages segment is anticipated to dominate the market during the forecast period

By application, it is segmented into food & beverages, cosmetics, medicine, and others. The food & beverages segment is anticipated to dominate the market during the forecast period. Similarly, the cosmetics segment is anticipated to witness the fastest growth during the forecast period.

The offline stores is anticipated to dominate the market during the forecast period

By distribution channel, it is segmented into online stores, and offline stores. The offline stores is anticipated to dominate the market during the forecast period. Similarly, the online stores segment is anticipated to witness the forecast period.

The North America region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to dominate the market during the forecast period.

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Competitive Landscape

The key players studied in the report are JMD Agro Foods, Taj Agro Products, Good Life Global, Saffron Tech, Royal Saffron, Shahri Food Products, Gohar Nab Sara, Pharmacive Biotech Products, Rowhani Saffron Co., and Gohar Saffron among others.

Saffron Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Saffron market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Saffron market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Saffron market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Saffron industry.

Global Saffron Market Segmentation

By Form

• Liquid
• Thread
• Powder

By Application

• Food & Beverages
• Cosmetics
• Medicine
• Others

By Distribution Channel

• Online Stores
• Offline Stores

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• JMD Agro Foods
• Taj Agro Products
• Good Life Global
• Saffron Tech
• Royal Saffron
• Shahri Food Products
• Gohar Nab Sara
• Pharmacive Biotech Products
• Rowhani Saffron Co.
• Gohar Saffron

Seaweed Derivatives Market to Reach USD 5704.2 million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Seaweed Derivatives market is expected to grow rapidly over the next 10 years to reach a value of more than USD 5704.2 million by 2032.

Seaweed derivatives are substances that are extracted from seaweed. These substances can be used for a variety of purposes, including as food additives, cosmetics, and pharmaceuticals. Seaweed derivatives are often rich in nutrients, minerals, and antioxidants, which makes them beneficial for human health. Some of the most common seaweed derivatives include agar, carrageenan, alginate, and nori.

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Seaweed Derivatives Market: Key Trends and Drivers

There are a few key drivers of the seaweed derivatives market. The first is the increasing demand for seaweed-based products, due to the health benefits associated with seaweed consumption. This has led to an increase in the production of seaweed-based products, which in turn has driven up the demand for seaweed derivatives.

Another key driver of the seaweed derivatives market is the rising awareness of the environmental benefits of seaweed cultivation. Seaweed cultivation requires no fresh water or arable land, and can help to mitigate the effects of climate change. This has led to an increase in investment in seaweed cultivation, and has resulted in more seaweed being available for use as a raw material for derivatives.

Finally, the increasing popularity of sushi and other Japanese cuisine has led to a greater demand for seaweed derivatives in the West. This is due to the fact that seaweed is a key ingredient in sushi rolls, and is also used to wrap other Japanese dishes.

Seaweed Derivatives Market: Restraints and Challenges

The main restraints and challenges in the seaweed derivatives market are the lack of awareness about the potential applications of seaweed derivatives and the limited availability of raw materials. Other challenges include the high cost of processing and the lack of standardization.

Lack of awareness about the potential applications of seaweed derivatives is a major challenge faced by the market. Seaweed derivatives have a wide range of applications in food, cosmetics, and pharmaceuticals. However, most people are not aware of these applications. This lack of awareness is a major barrier to the growth of the seaweed derivatives market.

Limited availability of raw materials is another challenge faced by the seaweed derivatives market. Seaweed derivatives are derived from seaweed, which is a type of algae. There are more than 10,000 species of seaweed, but only a limited number of these species can be used to produce derivatives. This limited availability of raw materials is a major challenge for the growth of the seaweed derivatives market.

High cost of processing is another challenge faced by the seaweed derivatives market. Seaweed derivatives are derived from seaweed, which is a type of algae. The processing of seaweed to extract derivatives is a complex and expensive process. This high cost of processing is a major challenge for the growth of the seaweed derivatives market.

Lack of standardization is another challenge faced by the seaweed derivatives market. There is no standard definition for seaweed derivatives. This lack of standardization makes it difficult to compare and contrast different products in the market. This lack of standardization is a major challenge for the growth of the seaweed derivatives market.

Seaweed Derivatives Market Report Findings

https://www.globalinsightservices.com/reports/seaweed-derivatives-market/

The red seaweed segment is anticipated to dominate the market during the forecast period

Based on source, it is segmented into red seaweed, brown seaweed, and green seaweed. The red seaweed segment is anticipated to dominate the market during the forecast period. Similarly, the brown seaweed market is anticipated to witness the fastest growth during the forecast period.

The liquid segment is anticipated to dominate the market during the forecast period

Based on form, it is segmented into liquid, powder, and flakes. The liquid segment is anticipated to dominate the market during the forecast period. Similarly, the powder segment is anticipated to witness the fastest growth during the forecast period.

The food & beverages segment is anticipated to dominate the market during the forecast period

Based on end use, it is segmented into food & beverages, agricultural products, animal feed additives, pharmaceuticals, and others. The food & beverages segment is anticipated to dominate the market during the forecast period. Similarly, the agricultural products segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are W Hydrocolloids, Inc., KIMICA Corporation, DuPont de Nemours, Inc., Gelymar S.A., CP Kelco, ALGAIA, Compañía Española de Algas Marinas, S.A., Cargill, Incorporated, ARTHUR BRANWELL & CO., and AGARMEX among others.

Seaweed Derivatives Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Seaweed Derivatives market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Seaweed Derivatives market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Seaweed Derivatives market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Seaweed Derivatives industry.

Global Seaweed Derivatives Market Segmentation

By Source

• Red Seaweed
• Brown Seaweed
• Green Seaweed

By Form

• Liquid
• Powder
• Flakes

By End Use

• Food & Beverages
• Agricultural Products
• Animal Feed Additives
• Pharmaceuticals
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• W Hydrocolloids, Inc.
• KIMICA Corporation
• DuPont de Nemours, Inc.
• Gelymar S.A.
• CP Kelco
• ALGAIA
• Compañía Española de Algas Marinas, S.A.
• Cargill, Incorporated
• ARTHUR BRANWELL & CO.
• AGARMEX

Alfalfa Market to Reach USD 40.6 billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Alfalfa market is expected to grow rapidly over the next 10 years to reach a value of more than USD 40.6 billion by 2032.

Alfalfa is a perennial flowering plant in the pea family. It is native to temperate regions of the Mediterranean Basin, Asia Minor, and North Africa. Alfalfa is widely cultivated as an animal feed for cattle, horses, and sheep. The plant is also used as a cover crop to improve soil fertility. Alfalfa is high in protein and fiber, and it is a good source of vitamins A, C, and K.

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Alfalfa Market: Key Trends and Drivers

The key drivers of the alfalfa market are the same as any other agricultural commodity: production costs, demand, weather, and government policy.

Production costs are a major driver of alfalfa prices. The cost of seed, fertilizer, and labor all contribute to the cost of producing alfalfa. As the cost of these inputs increase, the price of alfalfa will increase as well.

Demand is another major driver of alfalfa prices. The demand for alfalfa is driven by the demand for dairy and beef products. When demand for these products is high, the price of alfalfa will increase.

Weather is a major driver of alfalfa prices. Alfalfa is a drought-sensitive crop, and drought conditions can lead to lower yields and higher prices.

Government policy can also impact the alfalfa market. Government subsidies and tariffs can impact the price of alfalfa by affecting the demand and supply of the commodity.

Alfalfa Market: Restraints and Challenges

One of the key restraints in the alfalfa market is the lack of awareness about the crop among farmers. Alfalfa is not a common crop in many countries and farmers are not familiar with its cultivation practices. This has led to low adoption of alfalfa cultivation, thereby restraining market growth.

Another key restraint in the alfalfa market is the high cost of cultivation. Alfalfa is a high-maintenance crop and requires well-drained soils and a lot of sunlight. This makes it expensive to cultivate, which is a key challenge for farmers.

In addition, alfalfa is a susceptible crop to pests and diseases. This makes it difficult to cultivate and also leads to higher costs for farmers.

Alfalfa Market Report Findings

https://www.globalinsightservices.com/reports/alfalfa-market/

The bales segment is anticipated to dominate the market during the forecast period

Based on the type, it is segmented into bales, pellets, and cubes. The bales segment is anticipated to dominate the market during the forecast period. Similarly, the pellets segment is anticipated to witness the fastest growth during the forecast period.

The dairy animal feed segment is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into dairy animal feed, poultry feed, and horse feed. The dairy animal feed segment is anticipated to dominate the market during the forecast period. Similarly, the poultry feed segment is anticipated to witness the fastest growth during the forecast period.

The poultry segment is anticipated to dominate the market during the forecast period

Based on the end user, it is segmented into poultry, cattle, and livestock. The poultry segment is anticipated to dominate the market during the forecast period. Similarly, the cattle segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players in the report are Forage Genetics International, S&W Seed, Alforex Seeds, Arkansas Valley Seed, Pacific Seed Company, Monsanto, Latham Hi-Tech Seed, Kussmaul Seed, Abatti Companies, and TA Seeds among others.

Alfalfa Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Alfalfa market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Alfalfa market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Alfalfa market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Alfalfa industry.

Global Alfalfa Market Segmentation

By Type

• Bales
• Pellets
• Cubes

By Application

• Dairy Animal Feed
• Poultry Feed
• Horse Feed

By End User

• Poultry
• Cattle
• Livestock

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Forage Genetics International
• S&W Seed
• Alforex Seeds,
• Arkansas Valley Seed
•  Pacific Seed Company,
• Monsanto
•  Latham Hi-Tech Seed
•  Kussmaul Seed
•  Abatti Companies
• TA Seeds

Avocado Oil Market to Reach USD 1363.7 million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Avocado Oil market is expected to grow rapidly over the next 10 years to reach a value of more than USD 1363.7 million by 2032.

Avocado oil is a type of oil that is extracted from the flesh of avocados. It is a fatty oil that is high in monounsaturated fats and has a number of health benefits. Avocado oil is a good source of vitamins and minerals, including vitamin E and potassium. It also contains high levels of monounsaturated fats, which have been shown to help lower cholesterol levels and reduce the risk of heart disease

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Avocado Oil Market: Key Trends and Drivers

The main drivers of the avocado oil market are the growing popularity of the fruit as healthy food and the rising demand for natural and organic products. Other factors that are driving the market are the increasing disposable incomes and the changing lifestyle of consumers.

The market is driven by the growing popularity of fruit as healthy food and the rising demand for natural and organic products. Other factors that are driving the market are the increasing disposable incomes and the changing lifestyle of consumers.

The main restraints on the market are the high cost of the product and the limited availability of the raw material. The other factors that are restraining the market growth are the stringent regulations regarding the use of chemicals and pesticides in the production of avocado oil.

Avocado Oil Market: Restraints and Challenges

The key restraints and challenges in the avocado oil market are:

1. Lack of awareness about the health benefits of avocado oil

2. Limited availability of avocado oil

3. High cost of avocado oil

Avocado Oil Market Report Findings

https://www.globalinsightservices.com/reports/avocado-oil-market/

The virgin avocado oil segment is anticipated to dominate the market during the forecast period

Based on type, it is segmented into virgin avocado oil, refined avocado oil, and fractionated avocado oil. The virgin avocado oil segment is anticipated to dominate the market during the forecast period. Similarly, the refined avocado oil segment is anticipated to witness the fastest growth during the forecast period.

The food segment is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into food, cosmetics, pharmaceuticals, and others. The food segment is anticipated to dominate the market during the forecast period. Similarly, the cosmetics segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are La Tourangelle, Inc., Omega Nature’s Finest, Nutiva, Inc., Chosen Foods LLC, Bertolli olive oils & vinegars, Spectrum Organics Products, LLC, Madana Inc., Proteco Gold Pty Ltd, ZOE Extra Virgin Olive Oil, and California Olive Ranch among others.

Avocado Oil Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Avocado Oil market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Avocado Oil market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Avocado Oil market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Avocado Oil industry.

Global Avocado Oil Market Segmentation

By Type

• Virgin Avocado Oil
• Refined Avocado Oil
• Fractionated Avocado Oil

By Application

• Food
• Cosmetics
• Pharmaceuticals
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• La Tourangelle, Inc.
• Omega Nature’s Finest
• Nutiva, Inc.
• Chosen Foods LLC
• Bertolli olive oils & vinegars
• Spectrum Organics Products, LLC
• Madana Inc.
• Proteco Gold Pty Ltd
• ZOE Extra Virgin Olive Oil
• California Olive Ranch

Bioactive Ingredients Market to Reach US$ 363.5 Bn by 2032, driven by the growing demand for functional food and beverages owing to increasing consciousness among people about maintaining a balanced diet with a proper content of essential nutrients: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Bioactive Ingredients Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 363.5 Billion by 2032.

A bioactive ingredient is a component of a plant or animal that has a biological effect on the body. These substances are often found in foods and are responsible for the health benefits associated with them. For example, the bioactive ingredient in green tea is thought to be responsible for its ability to boost metabolism and protect against cancer.

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Bioactive Ingredients Market: Key Trends and Drivers

Bioactive ingredients, such as carotenoids, terpenoids, saponins, polyphenols, and phenolic compounds, are increasingly used for developing functional food & beverages and dietary supplements. The rising dependability of individuals on functional foods& beverages and dietary supplements to meet their nutritional requirements is anticipated to drive the industry growth. The growing demand for functional food and beverages owing to increasing consciousness among people about maintaining a balanced diet with a proper content of essential nutrients. The industry offers lucrative growth opportunities to manufacturers of these compounds owing to their increasing usage in functional food and beverages, as well as in dietary supplements. Moreover, they are extensively used in the development of personal care products, such as shampoos, soaps, and moisturizers.

Bioactive Ingredients Market: Restraints & Challenges

The key restraints and challenges in Bioactive Ingredient market are, the lack of awareness about the benefits of bioactive ingredients. Lack of scientific evidence to support the efficacy of bioactive ingredients. High cost of bioactive ingredients. Stringent regulations regarding the use of bioactive ingredients in food and cosmetics.

Bioactive Ingredients Market Report Findings

https://www.globalinsightservices.com/reports/bioactive-ingredients-market/

The Fiber segment is likely to hold a dominant Bioactive Ingredients Market share and grow at a substantial CAGR during the forecast period.

Based on product, the market is segmented as Fiber, Vitamins, Omega PUFA, Plant Extracts, Minerals, Carotenoids & Antioxidants, Probiotics, and Other. The fiber product segment dominated the industry in 2022 and accounted for the highest share of more than xx% of the total revenue. This is attributed to the growing demand for fibers on account of the rising health consciousness and changing dietary habits of consumers. Its associated advantages like the prevention of diabetes, obesity, and other chronic degenerative ailments are increasing the demand for dietary fiber. In different foods and beverages, soluble dietary fiber is commonly used as a flavor-enhancing agent. They are also considered an alternative to fats and sugar in numerous food applications including confectionery goods, bakery products, and dairy desserts.

Furthermore, the development in R&D activities related to insulin and soluble fibers like polydextrose and pectin is expected to boost the market’s product portfolio or product offering in the coming years. Due to the rising functional food consumption, insoluble dietary fibers are being used more frequently. Insoluble dietary fibers from corn, rice, oats, wheat, potato, peas, and legumes also help prevent several health issues, including hyperglycemia, constipation, high cholesterol, and obesity. Proper intake of vitamins enhances collagen production, discourages melanin formation & pigmentation, and is helpful for toned skin. They can also be used to lighten and reduce wrinkling of the skin. Such advantages are expected to boost segment growth over the next eight years.

The Functional Food & Beverage segment is anticipated to hold a majority of the Bioactive Ingredients Market size throughout the study period.

Based on application, the market is segmented as Functional Food & Beverage, Dietary Supplements, Clinical Nutrition, Personal Care, and Other. The functional food and beverage application segment dominated the industry in 2022 and accounted for the highest share of more than xx% of the overall revenue. Its high share is attributed to the growing interest in functional foods, the popularity of preventive healthcare, and a diverse product offering. Due to its inherent advantages, there has been growing awareness regarding preventive healthcare across the globe, and functional foods help consumers in implementing preventive healthcare. This factor, coupled with the available product portfolio of functional food items, is expected to aid the segment’s growth. Functional food ingredients are typically found in forms that have been esterified, glycosylated, thiolylated, or hydroxylated.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Bioactive Ingredients Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific dominated the industry in 2022 and accounted for the highest share of more than 39.00% of the overall revenue. This is attributed to the presence of several manufacturing companies in countries like China and India. In addition, the rising demand for functional ingredients in the region is anticipated to propel the market growth over the forecast period. Many manufacturers are extending their product lines in response to the rising demand for functional ingredients. For instance, Chinese local producers have started producing highly refined EPA ingredients, like omega-3 algae, to increase their selection of bioactive ingredients. Strong growth in functional food & drink and dietary supplements is expected to be one of the major factors driving the demand for bioactive ingredients, such as omega-3, proteins, vitamins, probiotics, and others, in countries like Japan, where the population is aging at a rapid pace.

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Competitive Landscape

The global Bioactive Ingredients Market report includes players such as Dupont, Cargill Inc., Archer Daniels Midland, BASF SE, Koninklijke DSM N.V., Arla Foods, FMC Corporation, Ingredion Incorporated, Roquette Frères S.A. and Kerry Inc. among others.

Recent Developments in the Bioactive Ingredients Market:

• In April 2021, Yemoja, Ltd., a marine cultivation start-up, launched EPS-Revive for the cosmetics industry. EPS-Revive, a bioactive ingredient derived from microalgae, offers anti-aging, anti-inflammatory, and rejuvenating properties. The company claims this is the first bio-active ingredient developed from red algae in a controlled setting through photobioreactor technology.

Bioactive Ingredients Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Bioactive Ingredients Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Bioactive Ingredients Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Bioactive Ingredients Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Bioactive Ingredients Market Segmentation

By Product

• Fiber
• Vitamins
• Omega 3 PUFA
• Plant Extracts
• Minerals
• Carotenoids & Antioxidants
• Probiotics
• Other

By Application

• Functional Food & Beverage
• Dietary Supplements
• Clinical Nutrition
• Personal Care
• Other

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Dupont
• Cargill Inc.
• Archer Daniels Midland
• BASF
• Koninklijke DSM N.V.
• Arla Foods
• FMC Corporation
• Ingredion Incorporated
• Roquette Frères S.A.
• Kerry Inc.

Carnitine Supplements Market to Reach USD 316.5 million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Carnitine Supplements market is expected to grow rapidly over the next 10 years to reach a value of more than USD 316.5 million by 2032.

An amino acid called carnitine aids in the conversion of fatty acids into energy in mammals. Supplements containing carnitine are often used in weight loss because they increase metabolism, burn fat more quickly, and provide energy. This characteristic of the carnitine supplement is encouraging customers to use it as an infant, anti-aging, and sports nutrition supplement.

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Carnitine Supplements Market: Key Trends and Drivers

Another element anticipated to aid in the market’s progress is the creation of numerous enhanced l-carnitine supplements. L-Carnitine supplementation is a dietary remedy for the body’s deficiency in L-Carnitine. The amino acid L-carnitine helps turn fat into energy and can potentially be utilised to address cardiovascular issues. Rising consumer awareness of the benefits of the product and a rise in the use of the product in animal feed have been the primary drivers of the global Carnitine Supplements Market volume. For instance, Rabie et al. found that supplementing the meal with L-carnitine from 20 to 60 mg/kg improved the growth performance of broiler chicks. Similar to this, adding animal fat and 300 mg/kg of L-carnitine to the diet improved feed intake, body weight gain, and feed conversion efficiency.

Carnitine Supplements Market: Restraints and Challenges

On the other hand, using l-carnitine supplements excessively might result in nausea, vomiting, stomach pain, diarrhoea, heartburn, and seizures. The growth of the global market for carnitine supplements during the following few years may be significantly constrained by this.

Carnitine Supplements Market Report Findings

https://www.globalinsightservices.com/reports/carnitine-supplements-market/

The berry segment is anticipated to dominate the market during the forecast period

Based on flavor, it is segmented into berry, lemon/citrus, cherry, mango, pineapple, and others. The berry segment is anticipated to dominate the market during the forecast period. Similarly, cherry segment is anticipated to witness the fastest growth during the forecast period.

The capsule segment is anticipated to dominate the market during the forecast period

Based on the form, it is segmented into capsule, liquid, powder, tablet, and others. The capsule segment is anticipated to dominate the market during the forecast period. Likewise, the liquid segment is anticipated to grow at a fastest pace during the forecast period.

The men segment is anticipated to dominate the market during the forecast period

Based on the end user, it is segmented into men, women, and children. The men segment is anticipated to dominate the market during the forecast period. Similarly, women segment is likely to witness the fastest growth during the forecast period.

The offline segment is anticipated to dominate the market during the forecast period

Based on the distribution channel, it is segmented into offline, and online. The offline segment is anticipated to dominate the market during the forecast period. Similarly, the online segment is anticipated to grow at a fastest pace during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Lonza, Northeast Pharmaceutical Group Co., Ltd., Healthline Media, Inc., Glanbia PLC, now foods, Ceva Sante Animale, Eat Me Supplements, eSupplements, 1 Up Nutrition, Designs for Health, Inc., Scorpion Supplements, GNC Holdings, LLC, aSquared Brands, LLC, Allmax Nutrition, Inc., Advanced Orthomolecular Research among others.

Carnitine Supplements Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Carnitine Supplements market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Carnitine Supplements market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Carnitine Supplements market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Carnitine Supplements industry.

Global Carnitine Supplements Market Segmentation

By Flavor

• Berry
• Lemon/Citrus
• Cherry
• Mango
• Pineapple
• Others

By Form

• Capsule
• Liquid
• Powder
• Tablet
• Others

By End User

• Men
• Women
• Children

By Distribution Channel

• Offline
• Online

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Lonza
• Northeast Pharmaceutical Group Co., Ltd.
• Healthline Media, Inc.
• Glanbia PLC
• now foods
• Ceva Sante Animale
• Eat Me Supplements
• eSupplements
• 1 Up Nutrition
• Designs for Health, Inc.
• Scorpion Supplements
• GNC Holdings, LLC
• aSquared Brands, LLC
• Allmax Nutrition, Inc.
• Advanced Orthomolecular Research

Dried Mushroom Market to Reach USD 8.6 billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Dried Mushroom market is expected to grow rapidly over the next 10 years to reach a value of more than USD 8.6 billion by 2032.

Fresh, clean, and edible mushrooms are used to create dried mushrooms. Then, they are completely dried or, if trimming is needed, dried first and then styled. By using lyophilization, dried mushrooms can also be produced from frozen mushrooms; they are referred to as freeze-dried mushrooms. Although it is possible to grow fresh dried mushrooms for the European market, a major amount of the market is made up of wild dried mushrooms that are harvested from their natural habitat before drying. In general, 10 kg of fresh mushrooms are needed to produce 1 kilogramme of dried mushrooms, however, this ratio varies depending on the type of mushroom and outside factors. Mushrooms that have been dehydrated or dried are used as an ingredient in a variety of food preparations, including soup powder, pasta salads, snack seasonings, stuffing, casseroles, meat meals, and rice and meat dishes.

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Dried Mushroom Market: Key Trends and Drivers

Macroeconomic factors including the rapid urbanisation rate, rising per capita income, shifting lifestyles, and growing economy are what are driving the global market for dried mushrooms. Some of the factors propelling the global dried mushroom market include mergers and acquisitions among dried mushroom companies, large investments in the food sector, and the development of novel products like mushroom spices.

Dried Mushroom Market: Restraints and Challenges

As a result, the aforementioned factors are probably going to cause fresh mushroom production to decline, which will make it harder to create dried mushrooms. Additionally, the limited availability of dried mushroom products for retail sales and low consumer awareness of the advantages of dried mushrooms are anticipated to constrain the growth of the dried mushroom market during the course of the projected year.

Dried Mushroom Market Report Findings

https://www.globalinsightservices.com/reports/dried-mushroom-market/

The button segment is anticipated to dominate the market during the forecast period

Based on the type, it is segmented into the button, shiitake, oyster, and other. The button segment is anticipated to dominate the market during the forecast period. Similarly, the shiitake segment is anticipated to witness the fastest growth during the forecast period.

The food service industry is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into the food service industry, retail, and industrial. The food service industry is anticipated to dominate the market during the forecast period. Likewise, the retail segment is anticipated to witness the fastest growth during the forecast period.

The business-to-business segment is anticipated to dominate the market during the forecast period

Based on the sales channel, it is segmented into business-to-business, and business-to-consumer. The business-to-business segment is anticipated to dominate the market during the forecast period. Similarly, the business-to-consumer segment is likely to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Monterey Mushrooms, LLC, Banken Champignons Group, Sun Hing Foods, Inc., Fresh Mushroom Europe, Borde, Monaghan Group, Sabarot Wassner, Weikfield Foods Pvt. Ltd., White Prince Mushrooms, Sapna Foods, Inc., Roland Foods, LLC, Hughes Mushrooms, Merchant Gourmet, Renaud Champignons, Ann Miller’s Speciality Mushrooms Ltd. among others.

Dried Mushroom Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Dried Mushroom market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Dried Mushroom market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Dried Mushroom market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Dried Mushroom industry.

Global Dried Mushroom Market Segmentation

By Type

• Button
• Shiitake
• Oyster
• Other

By Application

• Food Service Industry
• Retail
• Industrial

By Sales Channel

• Business to Business
• Business to Consumer

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Monterey Mushrooms, LLC
• Banken Champignons Group
• Sun Hing Foods, Inc.
• Fresh Mushroom Europe
• Borde
• Monaghan Group
• Sabarot Wassner
• Weikfield Foods Pvt. Ltd.
• White Prince Mushrooms
• Sapna Foods, Inc.
• Roland Foods, LLC
• Hughes Mushrooms
• Merchant Gourmet
• Renaud Champignons
• Ann Miller’s Speciality Mushrooms Ltd.

Food Processing Ingredients Market to Reach USD 86.1 billion by 2032, driven by the growth in investment in healthcare infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global food processing ingredients market is expected to grow rapidly over the next 10 years to reach a value of more than USD 86.1 billion by 2032.

Food processing ingredients are substances that are added to food during the manufacturing process. These ingredients can be used to improve the taste, texture, or appearance of food. They can also be used to extend the shelf life of food or to add nutritional value. Some common food processing ingredients include salt, sugar, fat, and starch.

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Food Processing Ingredients Market: Key Trends and Drivers

The key drivers of the food processing ingredients market include the growing demand for processed food, the need for cost-effective and healthy ingredients, and the need for better product quality. The processed food industry is growing at a rapid pace due to the changing lifestyles of consumers and the need for convenient and ready-to-eat food. The demand for food processing ingredients is also driven by the need for cost-effective and healthy ingredients. The food processing ingredients market is also driven by the need for better product quality. The quality of food ingredients has a direct impact on the quality of the final product. Thus, the manufacturers of food processing ingredients are constantly striving to improve the quality of their products.

Food Processing Ingredients Market: Restraints and Challenges

The key restraints and challenges in Food Processing Ingredients market are as follows:

1. Stringent food safety and quality regulations: Stringent food safety and quality regulations across the globe are one of the major restraints for the growth of the food processing ingredients market. These regulations are constantly evolving, making it difficult for manufacturers to keep pace and comply with them. This is especially true for small and medium-sized enterprises (SMEs), which often lack the resources and expertise to comply with complex regulations.

2. Volatile raw material prices: The prices of raw materials used in the manufacture of food processing ingredients are subject to volatile swings, which can impact the profitability of manufacturers. For example, the price of corn, a key raw material used in the production of starch, fluctuated sharply in 2016 due to poor weather conditions in key producing regions.

3. intense competition: The food processing ingredients market is highly fragmented, with a large number of small and medium-sized manufacturers competing for market share. The intense competition, coupled with the commoditized nature of many food processing ingredients, makes it difficult for manufacturers to differentiate their products and capture premium prices.

4. Slow economic growth in developed markets: Economic growth in developed markets, such as North America and Europe, has been sluggish in recent years, which has restrained the demand for food processing ingredients. In addition, the strengthening of the US dollar and the eurozone crisis have further dampened demand in these markets.

5. Slow economic growth in emerging markets: While economic growth in emerging markets such as Asia Pacific and Latin America has been strong, it has been slower than expected in recent years, which has restrained the demand for food processing ingredients. In addition, many emerging markets are highly price-sensitive, making it difficult for manufacturers to raise prices and improve margins.

Food Processing Ingredients Market Report Findings

https://www.globalinsightservices.com/reports/food-processing-ingredients-market/

The dry ingredients segment is anticipated to dominate the market during the forecast period

Based on the form, it is segmented into liquid ingredients, and dry ingredients. The dry ingredients segment is anticipated to dominate the market during the forecast period. Due to their improved stability and ease in food processing processes, dry food processing components are growing in popularity. Components used in dry handling only slightly degrade under heat.

The bakery & confectionery products segment is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into beverages, bakery & confectionery products, dairy & frozen desserts, convenience foods, and others. The bakery & confectionery products segment is anticipated to dominate the market during the forecast period. Major firms are investing in the creation of innovative goods that use premium ingredients to meet the rising demand for high-quality meals. Consumer preferences, interests, and behaviours are constantly shifting.

The Europe market accounted for the largest revenue share

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The Europe market accounted for the largest revenue share in the global food processing ingredient market because of the region’s fully developed food sector, frequent consumption of confectionery and bakery goods, and rising consumption of alcoholic beverages among consumers. Additionally, compared to other regions, this region has a much higher demand for a number of important processed food items, which is anticipated to promote consumer acceptability of the ingredients and accelerate market expansion in Europe.

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Competitive Landscape

The key players studied in the report are Arla Foods amba, Associated British Foods plc, Ashland, Inc, Chr. Hansen Holding A/S, Royal DSM, Kerry Group Plc, Tate & Lyle, Ingredion, Inc, E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, Cargill, Dupont, and Nexira among others.

Food Processing Ingredients Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Food Processing Ingredients market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Food Processing Ingredients market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Food Processing Ingredients market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Food Processing Ingredients industry.

Global Food Processing Ingredients Market Segmentation

By Form

• Liquid Ingredients
• Dry Ingredients

By Application

• Beverages
• Bakery & Confectionery Products
• Dairy & Frozen Desserts
• Convenience Foods
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Arla Foods amba
• Associated British Foods plc
• Ashland, Inc
• Chr. Hansen Holding A/S
• Royal DSM
• Kerry Group Plc
• Tate & Lyle
• Ingredion, Inc
• E. I. du Pont de Nemours and Company
• Archer Daniels Midland Company
• Cargill
• Dupont
• Nexira

Packaged Coconut Water Market to Reach USD 4727.6 million by 2032, driven by the growth in investment in healthcare infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Packaged Coconut Water market is expected to grow rapidly over the next 10 years to reach a value of more than USD 4727.6 million by 2032.

Packaged coconut water is a type of bottled water that is made from the water that is found inside of a coconut. This water is then filtered and packaged for sale. Many people believe that coconut water is a healthy alternative to other types of bottled water, as it is low in calories and fat and contains a high amount of electrolytes.

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Packaged Coconut Water Market: Key Trends and Drivers

The key drivers of the coconut water market include the increasing health consciousness among consumers, the growing popularity of coconut water as a sports drink, and the increasing popularity of coconut water in the food and beverage industry. The health benefits of coconut water are a major driver of the market. Coconut water is a good source of electrolytes, vitamins, and minerals, and has been shown to have health benefits. It is low in calories and fat, and is a good source of hydration. The popularity of coconut water as a sports drink is another driver of the market. Coconut water is a good source of electrolytes and is a natural isotonic beverage. It is effective in rehydrating and replenishing electrolytes lost during exercise. The increasing popularity of coconut water in the food and beverage industry is another driver of the market. Coconut water is used as an ingredient in a variety of food and beverage products, such as juices, smoothies, and desserts. The key challenges faced by the coconut water market include the high cost of coconut water, the lack of awareness about the benefits of coconut water, and the seasonal nature of the coconut crop.

Packaged Coconut Water Market: Restraints and Challenges

The key restraints and challenges in the Packaged Coconut Water market include the following:

1. Fluctuations in raw material prices: The prices of raw materials such as coconuts and sugar can fluctuate considerably, which can impact the profitability of companies operating in the market.

2. Stringent regulations: There are several stringent regulations governing the production and sale of packaged coconut water, which can limit the growth of the market.

3. High competition: There is a high level of competition in the packaged coconut water market, which can make it difficult for new players to enter the market.

4. Low shelf life: The shelf life of packaged coconut water is relatively low, which can pose a challenge for companies operating in the market.

Packaged Coconut Water Market Report Findings

https://www.globalinsightservices.com/reports/packaged-coconut-water-market/

The pure segment is anticipated to dominate the market during the forecast period

By type, it is segmented into pure, and mix coconut water. The pure segment is anticipated to dominate the market during the forecast period. Likewise, the mix coconut water segment is anticipated to witness the fastest growth during the forecast period.

The organic segment is anticipated to dominate the market during the forecast period

By nature, it is segmented into organic, and conventional. The organic segment is anticipated to dominate the market during the forecast period. Similarly, the conventional segment is expected to witness the fastest growth during the forecast period.

The plastic bottles segment is anticipated to dominate the market during the forecast period

By packaging, it is segmented into plastic bottles, tetra packs, and cans. The plastic bottles segment is anticipated to dominate the market during the forecast period. Likewise, tetra packs segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Amy And Brian blueridge restaurant group, C2o Pure Coconut Water, Celebes Coconut Corporation, CocoCoast, Elegance Brands Inc., GraceKennedy Group, harmless harvest, Mojo Organics Inc., The Naked Juice, NewAge Inc, Pepsico, Inc., Taste Nirvana International Inc., The Coco-Cola Company, and Wai Koko Coconut Water among others.

Packaged Coconut Water Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Packaged Coconut Water market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Packaged Coconut Water market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Packaged Coconut Water market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Packaged Coconut Water industry.

Global Packaged Coconut Water Market Segmentation

By Type

• Pure
• Mix Coconut Water

By Nature

• Organic
• Conventional

By Packaging

• Plastic Bottles
• Tetra Packs
• Cans

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Amy And Brian blueridge restaurant group
• C2o Pure Coconut Water
• Celebes Coconut Corporation
• CocoCoast
• Elegance Brands Inc.
• GraceKennedy Group
• harmless harvest
• Mojo Organics Inc.
• The Naked Juice
• NewAge Inc
• Pepsico, Inc.
• Taste Nirvana International Inc.
• The Coco-Cola Company
• Wai Koko Coconut Water

Porridge Market to Reach USD 631.9 million by 2032, driven by the growth in investment in healthcare infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Porridge market is expected to grow rapidly over the next 10 years to reach a value of more than USD 631.9 million by 2032.

Porridge is typically eaten for breakfast and is made by boiling oatmeal, then adding water or milk. However, the phrases oatmeal and porridge are frequently used in the same sentence. Consuming oatmeal is advantageous since it is incredibly nutrient-dense and contains dietary fibres, making for a filling meal and discouraging overeating. As a result, there is less chance of gaining weight, lower risk of high cholesterol, and better blood sugar management. Porridge’s high carbohydrate content promotes improved brain function.

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Porridge Market: Key Trends and Drivers

The global porridge market is expanding as a result of shifting consumer food preferences and altered dietary habits. The tendency of consumers toward a healthy breakfast consisting of ready-to-eat foods and the spike in demand for hot cereal goods also contribute to the market’s expansion.

Porridge Market: Restraints and Challenges

Porridge’s greater price relative to other breakfast options and potential for contamination, however, limit this growth.

Porridge Market Report Findings

https://www.globalinsightservices.com/reports/porridge-market/

The oat is anticipated to dominate the market during the forecast period

Based on the type, it is segmented into an oat, maize, wheat, rice, and millet. The oat is anticipated to dominate the market during the forecast period. Similarly, the maize segment is anticipated to witness the fastest growth during the forecast period.

The hypermarket segment is anticipated to dominate the market during the forecast period

Based on the distribution channel it is segmented into hypermarkets, supermarkets, specialty stores, and departmental stores. The hypermarket segment is anticipated to dominate the market during the forecast period. Similarly, supermarket segment is anticipated to witness the fastest growth in the market during the forecast period.

The North America region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North America region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Abbott Nutrition Inc., ABF Grain Products Limited, Bagrry’s India Ltd., Conagra Foods Inc., Dr. McDougall’s Right Foods, General Mills Inc., Kellogg Company, McCanns, Nestle S.A., and The Quaker Oats Company among others.

Porridge Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Porridge market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Porridge market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Porridge market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Porridge industry.

Global Porridge Market Segmentation

By Type

• Oat
• Maize
• Wheat
• Rice
• Millet

By Distribution Channel

• Hypermarkets
• Supermarkets
• Specialty Stores
• Departmental Stores

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Abbott Nutrition Inc.
• ABF Grain Products Limited
• Bagrry’s India Ltd.
• Conagra Foods Inc.
• Dr. McDougall’s Right Foods
• General Mills Inc.
• Kellogg Company
• McCanns, Nestle S.A.
• The Quaker Oats Company

Instant Grocery Market to Reach US$ 181.3 Bn by 2031, driven by an increasing number of technological advancements being introduced in these applications and services: Global Insight Services

New York, December 2022: According to a new research study by Global Insight Services (GIS), the global Instant Grocery Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 181.3 Billion by 2031.

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Instant Grocery Market: Key Trends and Drivers

Technological developments, like smart tracking and improved analytical insights, are some of the main elements fueling the expansion of the instant grocery market. Mobile and eCommerce businesses are looking at instant grocery delivery as a potential development area. Furthermore, the instant grocery channel for quick shopping is anticipated to grow as the transition from brick-and-mortar to online retail continues. Delivering goods from the warehouse to clients is no longer the main goal of instant groceries. In recent years, users were compelled to step out of their houses in order to purchase any particular good from the grocery store. It takes a lot of time as well as the efforts of the customer. However, with the emergence of instant delivery applications and services, this problem has been addressed. Instant grocery shopping allows the user to purchase and receive any goods at their doorstep. Users can purchase everything they need in order to fulfill their daily requirements through these applications.

Instant Grocery Market: Restraints & Challenges

The difficulty of adapting to new and complex technologies is one of the major obstacles to the growth of the instant grocery market. Although the companies ensure the delivery of any product in 10 to 20 minutes, e-commerce players face many challenges. Creating technology that reliably delivers things in the promised time period and running a supply chain that can handle such a high-touch, high-frequency user case is just a few of the exciting challenges facing quick-commerce nowadays.

Instant Grocery Market Report Findings

https://www.globalinsightservices.com/reports/instant-grocery-market/

The fresh produce segment is likely to hold a dominant Instant Grocery Market share and grow at a substantial CAGR during the forecast period.

By product, the market is segmented into dairy and breakfast products, fresh produce, snacks and beverages, meat and seafood, staple and cooking essentials, cleaning essentials, home utilities, bath & body, and others. The fresh produce segment accounted for significant market share in 2021 and is expected to register lucrative CAGR over the forecast period. Around 40% of consumers in the country have tried online shopping with home delivery for fresh groceries. The convenience and easy accessibility to high-quality fresh produce are the key considerations among consumers for choosing online grocery stores. This has encouraged companies to develop differentiated business models to improve customer satisfaction and remain competitive in the market. With the ongoing COVID-19 pandemic, leading grocery retailers in the UK are expanding their delivery capacity to fulfill the growing demand of consumers. For instance, in September 2020, J Sainsbury PLC included 1,000 additional online delivery vans to handle 700,000 online grocery orders in a week. Other retailers, such as Tesco PLC, Asda Stores Ltd., and Morrisons, have expanded delivery times to serve more customers and increase market share in the short-term.

The click & collect model segment is anticipated to hold a majority of the Instant Grocery Market size throughout the study period.

By delivery type, the market is segmented into home delivery, and click and collect. Of these the click & collect model has become a prerequisite for shoppers demanding convenience in picking up their goods. The model involves consumers ordering products online and then picking them up at a pre-determined location. According to Doddle Parcel Services Ltd., in March 2019, out of 2,000 U.S. consumers surveyed, 68% preferred click & collect delivery method due to faster and cheaper access to orders. The click & collect method provides complete control to the consumers over the delivery of their products along with the provision of various options for collection, fulfillment, and eliminating unprofessional delivery services.

Cost-effectiveness is another primary factor for the adoption of the click & collect model among consumers as it offers zero or minimal added delivery costs. It enables consumers to check the quality of the product, pick up orders at their convenience, and save shipping costs. The model has also been beneficial to retailers, helping them to eliminate the need of hiring delivery persons or renting vehicles, and pay a one-time cost to set up the click & collect system.

The subscription model segment is anticipated to hold a majority of the Instant Grocery Market size throughout the study period.

The purchaser type segment of the market is bifurcated into one time, and subscriber. The subscriber are expected to register highest CAGR between 2022 and 2031. Subscription model allows customers to purchase groceries without any interruption and receive a specific product regularly. The benefit of flexibility and anytime cancellation provides easy opt-in and opt-out options to consumers. It also allows consumers to receive home deliveries at a specific period without paying additional delivery charges. Online grocery market participants are increasingly using the subscription-based delivery service model to drive revenue and enable flexible billing options.

The Europe region is estimated to exhibit the highest growth rate during the Instant Grocery Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Europe instant grocery market revenue is poised to grow significant CAGR during the forthcoming years. The presence of leading retail grocery chains and the growing popularity of online shopping in countries such as the UK, Germany, Spain, France, and Italy are driving the regional market growth. The COVID-19 pandemic is providing a significant short-term boost to the industry. According to Waitrose & Partners, a brand of supermarkets, out of 2,000 consumers in the UK, 60% have shopped online for groceries since the pandemic with 40% citing convenience as the primary reason. Furthermore, the increasing focus of government administrations & financial organizations on promoting the usage of digital payment methods to contain the virus spread is likely to boost the market revenue. In March 2020, the European Banking Authority (EBA) directed payment firms to adopt contactless payments to reduce the risk of spreading the virus.

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Competitive Landscape

The instant grocery industry is highly competitive with the presence of multiple small and large players across the globe. Companies are engaged in acquisitions and partnerships to gain a competitive edge over other companies through expansion in new territories. The key players in the Instant Grocery Market are Amazon.com, Inc., Swiggy, Ocado Retail Ltd., Blink Commerce Pvt. Ltd., Instacart, Uber Technologies, Inc., Walmart, Inc., Delivery Hero SE, Target Corporation, and DoorDash, Inc., among others.

Recent Developments in the Instant Grocery Market:

• In August 2022, Amazon rolled out same-day delivery from select retail stores. With this launch, the company aimed to avail the delivery of more products in significantly reduced time. Moreover, this launch also complements the company’s aim to compete with delivery apps offering same-day delivery of retail products
• In July 2022, Uber introduced a range of new features to its grocery delivery service. This product expansion aimed to offer more convenience to consumers as well as merchant partners. Moreover, this product expansion would also allow customers to place orders from grocery stores post the operational hours, schedule deliveries, order tracking, etc.
• In June 2022, Instacart Walmart Canada partnered with Instacart, a grocery delivery, and pick-up service company. This partnership aimed to include Walmart Now, a virtual convenience store pilot within Toronto. In addition, the new virtual store would offer 4,000 items for delivery within 30 minutes with an Instacart-powered service.
• In May 2022, Uber entered into a partnership with Albertsons Companies, an American grocery company. Through this partnership, the companies aimed to add Albertsons stores and 2000 grocers stores to Uber Eats.
• In February 2022, Blinkit partnered with Chuk, a compostable food service ware company. Following this partnership, the companies would roll out a range of disposable tableware, including trays, plates, and bowls made of plant-based material. In addition, the companies also aimed to boost the sustainability of the environment.
• In September 2021, Instacart entered into a partnership with Kroger, an American retail company. Under this partnership, the companies aimed to launch Kroger Delivery Now, a virtual convenience store that delivers meal solutions, fresh food, snacks, and other products within 30 minutes. In addition, the new service encompasses a choice of nearly 25,000 items available for 50 million households through 2,700 grocery stores of Kroger.
• In May 2021, Uber Technologies came into a partnership with GoPuff, a consumer goods and food delivery company. Following this partnership, the companies aimed to integrate Ubers engaged US consumer base and the expertise of GoPuff in instant needs delivery to fulfill the demand of customers.

Instant Grocery Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Instant Grocery Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Instant Grocery Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Instant Grocery Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Instant Grocery Market Segmentation

By Product

• Dairy and breakfast products
• Fresh Produce
• Snacks and beverages
• Meat and seafood
• Staple and cooking essentials
• Cleaning Essentials
• Home utilities
• Bath & Body
• Others

By Delivery Type

• Home Delivery
• Click and Collect

By Purchaser Type

• One Time
• Subscriber

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Amazon.com, Inc.
• Swiggy
• Ocado Retail Ltd.
• Blink Commerce Pvt. Ltd.
• Instacart
• Uber Technologies, Inc.
• Walmart, Inc.
• Delivery Hero SE
• Target Corporation
• DoorDash, Inc.