Food And Beverages Industry Insight: 2019

Sunday, 17 November 2019

What are the Upcoming Business Trends in the Plant Based Protein Supplements Market?

18-Nov-2019: The global plant based protein supplement market size is expected to reach USD 7.70 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.9% during the forecast period. Rising concerns regarding the consumption of animal protein supplements, has encourages the manufacturers to develop human nutrition products derived from soy, spirulina, pumpkin seed, hemp, pea, and rice among other plants-based sources.

The plant-based protein supplements market is projected to exhibit a high growth on account of rising global demand for vegan products. Herein, the rapid growth of e-commerce is augmenting the consumption of protein supplements. Walmart is considered to be the largest retailer and requesting its suppliers to offer more plant based items. Moreover, rising concern for food safety in food and beverages sector is propelling the consumption for high-quality food service board and liquid packaging board.

Demand for plant based protein supplement is likely to witness a high growth on account of rising popularity of Ready-to-Drink (RTD) product among millennials. These pre-formulated protein drinks are easily available and can be consumed without any further mixing or preparation. This factor is anticipated to bode well for the product demand in near future.

Asia Pacific is projected to remain one of the lucrative markets for plant-based protein supplements over the next eight years. The growth of working-class population in developing countries including China and India coupled with increased state government spending for promoting infrastructure development and easy taxation scenario for MNCs to open up offices, is expected to promote the demand. In addition, predominant utilization of internet by the working-class population during office hours and off-job time is expected to boost the consumer awareness regarding plant-based supplements as meal replacements in near future.

In depth research report on Plant Based Protein Supplements Market

https://www.grandviewresearch.com/industry-analysis/plant-based-protein-supplements-market

Further key findings from the report suggest:

· Among raw materials, soy is anticipated to reach market size of USD 5.11 billion by 2025, at a CAGR of 8.0% from 2017 to 2025

· Protein powder product segment is expected to reach a market size of 5.33 billion by 2025, owing to rising health consciousness and demand from athletes and bodybuilders

· North America is projected to exhibit a CAGR of 7.6% over the forecast years, mainly on account of increasing demand for sports nutritional supplements from Canada and U.S. In addition, presence of major players and easy availability of raw materials can further fuel the growth

· Countries in Asia Pacific, especially India, Indonesia, and China, are expected to witness significant growth over the forecast years, mainly driven by changing consume lifestyles resulting in the increased need for health supplements

· The plant-based protein supplements market is characterized by accreditation of raw materials, product, distribution channel, application, and regional decisions to improve the market share of manufacturers

· Some of the prominent companies present in the market are Glanbia plc; AMCO Proteins; Quest Nutrition; NOW Foods; NBTY, Inc.; MusclePharm Corporation; Abbott Laboratories; CytoSport, Inc.; IOVATE Health Sciences International; and Transparent Labs.

Grand View Research has segmented the global plant based protein supplement market on the basis of raw material, product, distribution channel, application, and region:

Plant based Protein Supplement Raw Material Outlook (Revenue, USD Million, 2014 - 2025)

· Soy

· Spirulina

· Pumpkin Seed

· Hemp

· Rice

· Pea

· Others

Plant based Protein Supplement Product Outlook (Revenue, USD Million, 2014 - 2025)

· Protein Powder

· Protein Bars

· Ready-to-Drink (RTD)

· Others

Plant based Protein Supplement Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

· Supermarket

· Online Stores

· DTC

· Others

Plant based Protein Supplement Application Outlook (Revenue, USD Million, 2014 - 2025)

· Sports Nutrition

· Additional Nutrition

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

About Grand View Research

Grand View Research, Inc. is the U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Tuesday, 22 October 2019

Packaging Machinery Market is Expected to Expand at a CAGR of 5.2%: Grand View Research, Inc.

22-Oct-2019: The global packaging machinery market size is projected to be valued at USD 65.18 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.2% during the forecast period. Increasing total manufacturing output, especially in the developing industrial economies of the world coupled with growing demand and booming e-commerce industry is predicted to boost the market.

Growing demand from several Consumer Packaged Goods (CPG) manufacturers globally for highly sophisticated and efficient machinery at a competitive price is expected to boost the global packaging machine market by 2025. Moreover, rising demand for a wide variety of products as well as for different product sizes is expected to further boost the growth.

Increasing R&D investments by major players to manufacture machinery with overall equipment effectiveness is predicted to fuel the packaging machine market growth over the forecast timeframe. Growing demand for automation and machinery optimization by end-users as well as continued demand for complete packaging lines and modular machines is anticipated to encourage the market development in near future.

Food end-use industry was worth USD 10.18 billion in 2018 and is expected to reach USD 13.90 billion over the forecast period. The food sector includes processed fruits and vegetables, cereals, frozen food, chocolate, bakery products, snacks, and meat among others. Pharmaceutical is anticipated to witness the fastest CAGR of 7.0% over the forecast period. The pharmaceutical end-use sector includes various drugs, capsules, tablets, lotions, ampoules, medical devices, and other pharma and healthcare products.

In terms of machine type, filling machine type segment was valued at USD 6.67 billion in 2018 and is predicted to witness steady growth over the forecast period. In 2018, form-fill-seal machine type segment accounted for 16.37% of the global packaging machine market share. Growing popularity of flexible packaging coupled with trend towards small portions and single serve packages as well as changing consumer preferences is expected to foster the growth over the forecast period.

In depth research report on Packaging Machinery Market

https://www.grandviewresearch.com/industry-analysis/packaging-machinery-market

Further key findings from the report suggest:

· The U.S. packaging machine market revenue is projected to register a CAGR of 9.2% over the forecast period. Several factors including customer preferences towards convenience foods coupled with the rapidly expanding e-commerce industry as well as various regulations with respect to serialization and traceability are projected to drive the growth

· Russia, in terms of revenue, was valued at USD 3.25 billion and is projected to reach USD 4.35 billion over the forecast period. Its efforts towards gradually increasing local production especially in the food and pharmaceutical sector is likely to augment the regional demand

· India is expected to reach USD 6.66 billion by 2025. In 2018, the country was among one of the largest markets in the region owing to the growing population, domestic consumption as well as huge investments taking place especially in the food, pharmaceutical, and personal care industries

· In September 2018, Robert Bosch Packaging Technology agreed to form a partnership with ASPIRx Ltd. located in Ghana, to produce pharmaceuticals. The role of Bosch Packaging Technology in this partnership was to design and provide a multi-purpose system, which will manufacture and package both solid and liquid pharmaceuticals

· In February 2019, ProMach, Inc. acquired Code Tech Corporation thus expanding its labeling and coding solutions portfolio

Grand View Research has segmented the global packaging machine market on the basis of machine type, end use, and region:

Packaging Machinery Machine Type Outlook (Revenue, USD Billion, 2015 - 2025)

· Filling

· Labeling

· Form-Fill-Seal

· Cartoning

· Wrapping

· Palletizing

· Bottling Line

· Others

Packaging Machinery End Use Outlook (Revenue, USD Billion, 2015 - 2025)

· Beverage

· Food

· Chemicals

· Personal Care

· Pharmaceutical

· Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/food-safety-and-processing

About Grand View Research

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Monday, 21 October 2019

How Aquaculture Additives Market will Grow in the Upcoming Year?

22-Oct-2019: The global aquaculture additives market size is expected to reach USD 1.52 Billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 3.2% during the forecast period. Rising awareness regarding the benefits of additives to promote healthy development of fish is anticipated to be a key driver for aquafeed market growth.

Importance of certain mollusks, such as clams and oysters as a source of food for humans coupled with their health benefits is expected to boost their demand in near future. Demand for mollusks to improve quality of the surrounding environment has also been prevalent in polyculture systems. Due to their multiple applications for consumers and the agriculture industry, demand for this species is likely to increase significantly during the forecast period boosting the demand for aquafeed. The global aquaculture additives market is expected to witness a decent growth on account of the surge in demand for fish food, which is expected to grow on account of a rise in preference for high protein, calcium, vitamin D, and iodine rich food.

Asia Pacific led the global aquafeed market with over 50% of overall market value and is anticipated to continue leading over the forecast period. Rise in aquaculture activities in the region owing to abundant availability of land coupled with favorable climatic conditions has resulted in a significant growth in demand for aquafeed. China, Vietnam, Indonesia, India, Thailand, and Bangladesh contribute to a major share of the global aquafeed production leading to increased aquaculture additives in the region. Rising number of government initiatives to create awareness regarding the benefits of additives is anticipated to further aid the product consumption over the forecast period.

Europe aquaculture additives and aquafeed market expanded significantly over the past decade primarily as a result of the expansion of marine aquaculture sector in the European Union (EU) and European Free Trade Association countries. Significant improvement in the efficiency of feed and environmental management is expected to drive the regional aquaculture sector, propelling aquafeed market.

In depth research report on Aquaculture Additives Market

https://www.grandviewresearch.com/industry-analysis/aquaculture-additives-market

Further key findings from the report suggest:

· Amino acids product segment held the dominant market share of over 32.2% in 2017

· Carp application segment is projected to ascend at a CAGR of 5.0% over the forecast period

· Sea bass aquafeed is anticipated to expand at the highest CAGR, while salmon and mollusk segments are anticipated to witness above average growth over the forecast period

· Aquaculture and aquafeed market players adopt strategies, such as acquisitions to widen their product offerings and countering the issues faced by aqua producers such as mineral absorption, feed costs, and efficiency

· Some of the key companies present in the aquaculture additives market are Alltech, Inc.; BioMar A/S; Cargill, Inc.; Ridley Corporation Limited; Norel S.A.; Aller Aqua A/S; Beneo GmbH; Cermaq Group AS; Dibaq A.S.; and Addcon GmbH.

Grand View Research has segmented the global aquaculture additives market on the basis of product, application, and region:

Aquaculture Additives Application Outlook (Revenue, USD Million, 2014 - 2025)

· Carp

· Mollusks

· Salmon

· Shrimps

· Tilapia

· Catfish

· Sea Bass

· Trout

· Others

Aquaculture Additives Product Outlook (Revenue, USD Million, 2014 - 2025)

· Amino Acids

· Antibiotics

· Vitamins

· Feed Acidifiers

· Anesthetic & Sedation materials

· Anti-Parasitics

· Others

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/animal-feed-and-feed-additives

About Grand View Research

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Wednesday, 18 September 2019

Organic Chips Market Size, Share, Demand, Global Analysis 2019 to 2025

19-Sep-2019: The global organic chips market size is expected to reach USD 18.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.1% over the forecast period. Changing eating habits of the population is majorly driving the sales of organic chips owing to consumer’s shift towards eating between the meals in a day. Additionally, the trend of consumption of clean-label food products on a global level is expected to drive the market.

Increasing availability of advanced distributing channels and networks for organic chips including hyper/supermarkets is expected to fuel the demand. Manufacturers are focusing on targeting the demographic of urban consumers willing to switch from the conventional and other baked chips to healthier alternatives. They are majorly strategizing on involving more product variations in the portfolio to grab the attention of the consumers.

Growing health awareness and demand for chemical free food products are the major factors propelling the market growth. High investment in the research and development sector is expected to fuel the revenue of the major players in the market.

In 2018, North America held the largest share of 34.2% in terms of revenue. Growing popularity of organic chips and rising prevalence of obesity in the countries such as U.S. have propelled the market growth in the region. Another factor boosting the market growth in North America is the strong presence of the key players in the country such as Kettle Foods, Inc. (U.S.), Luke’s Organic, General Mills Inc., and The Hain Celestial Group, Inc. (U.S.). Asia Pacific is expected to witness the fastest growth in the market over the forecast period due to improving economic conditions and growing disposable income of consumers in the region.

The product segment of the market is categorized as vegetable, fruits, cereal, and grain. The vegetable product segment hold the largest share of the overall revenue, due to its easy availability and popularity. In addition, consumer preference for potato chips over any other fruit chips is another factor driving the segment.

Apart from vegetables, cereal and grain chips are expected to witness high growth due to awareness of the health benefits of cereals and grains. Increasing demand for spices in these organic products in Asia Pacific has provided opportunities to the players for their product portfolio expansion in order to maintain a strong foothold in the market.

In depth research report on Organic Chips Market

https://www.grandviewresearch.com/industry-analysis/organic-chips-market

Further key findings from the study suggest:

· On the basis of product type,fruit organic chips are projected to expand at a CAGR of 4.3% in terms of revenue over the forecast period. The vegetable product segment dominated the global market with a share of 34.9% in 2018

· North America dominated the organic chips market in 2018, which constituted for 34.2% of the market. This trend is projected to resume over the next few years

· Countries such as Germany and France are expected to be the major markets, due to high disposable income of the consumers, followed by India, China, and Japan in Asia Pacific

· Various manufacturers are concentrating on product portfolio expansion to fulfill the consumer demand for a variety in the organic chips taste-wise and estimating existing and future demand patterns from upcoming application segments.

Grand View Research has segmented the global organic chips market on the basis of product type, distribution channel, and region:

Organic Chips Product Type Outlook (Revenue, USD Billion, 2015 - 2025)

· Vegetable

· Fruits

· Cereal

· Grain

Organic Chips Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

· Retail and Supermarket

· Online Platform

Browse more research reports of this category:

https://www.grandviewresearch.com/industry/consumer-f-and-b

About Grand View Research

For more market analysis reports, please visit: http://www.grandviewresearch.com/