Wednesday 17 April 2019

Pet Food Ingredients Market Hit USD 59.45 billion by 2025: Grand View Research, Inc.

17-April-2019: The global pet food ingredient market size is expected to reach USD 59.45 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 5.9% during the forecast period. Increasing pet ownership is one of the key trends escalating market growth.

Rendered protein meals such as fishmeal, poultry by-product meals, and meat and bone meal are universally used in companion animal’s feed owing to protein-rich content along with a good balance of amino acids. Balancing essential and conditionally essential fatty acids is an important factor for the selection of specific fats in a diet regime.

Pet Food Ingredients Market

The global sales of dog foods with probiotics exhibited a whopping 139.0% growth from 2017 to 2018. Superfood is witnessing strong growth in sales, including 2.0% sales growth for pet foods with blueberry, 8.0% for cranberry, and 13.0% for sweet potato. Increasing focus on nutrition of companion animals and rising consumer willingness to spend on pet care are anticipated to drive the market at a healthy growth rate over the coming years.

Rising number of hypermarkets along with pet specialty stores resulted in development of distribution channels, which is augmenting the global pet food ingredient market. Key manufacturers are involved in marketing and educational campaigns to increase consumer awareness regarding benefits of nutritious ingredients, which is likely to propel the market over the coming years.

Some of the major players in the market are Diana Pet Food; AFB International; Kemin Industries; Lallemand, Inc.; Vitablend USA; American Dehydrated Foods, Inc. (ADF); Alltech; Kalsec, Inc.; Ameri-Pac, Inc.; and BTSA.

In depth research report on Pet Food Ingredients Market

Further key findings from the report suggest:

·       The global pet food ingredient market is likely to generate a demand of 24,600.6 kilotons by 2025

·       In terms of revenue, Asia Pacific emerged as the fastest growing region in the pet food ingredient market

·       Asian countries such as India and China are expected to witness notable growth in the coming year

Grand View Research has segmented the global pet food ingredient market on the basis of product and region:

Pet Food Ingredients Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

·       Specialty Proteins

·       Beef Proteins

·       Egg Proteins

·       Blended Proteins

·       Hydrolyzed Proteins

§  Hydrolyzed Feather

·       Hydrolyzed Chicken

§  Hydrolyzed Collagen

o   Pork Protein

·       Pork Plasma

·       Pork Powder

·       Fish Protein

·       Salmon

·       Whitefish

·       Others

o   Poultry Protein

·       Chicken

·       Others

·       Ovine Proteins

·       Lamb

·       Others

·       Cervine Proteins

·       Other Animal Proteins

·       Plant Proteins

·       Algal Proteins

·       Amino Acids

·       Lysine

·       Methionine

·       Threonine

·       Cysteine

·       Others

·       Mold Inhibitors

·       Gut Health Ingredients

o   Beta-Glucan

·       Cereals

·       Mushroom

·       Yeasts

·       Seaweed

o   FOS & MOS

·       Probiotics

·       Prebiotics

·       Phosphates

·       Monocalcium

·       Dicalcium

·       Phospholipids

·       Others (Ortho phosphates, SAPP, TSPP, etc.)

·       Vitamins

·       Water-soluble

·       Fat-soluble

·       Acidifiers

·       Phosphoric Acid

·       Propionic Acid

·       Fumaric Acid

·       Formic Acid

·       Citric Acid

·       Acetic Acid

·       Lactic Acid

·       Others

·       Carotenoids

·       Astaxanthin

·       Beta-Carotene

·       Zeaxanthine

·       Lutein

·       Others

·       Enzymes

·       Phytases

·       Carbohydrases

·       Proteases

·       Others

·       Mycotoxin Detoxifiers

·       Binders

·       Modifiers

·       Flavors & Sweeteners

·       Palatants

·       Flavors

·       Natural

§  Poultry Flavors

o   Synthetic

§  2-methyl-3-furanthiol

o   Sweeteners

·       Antimicrobials & Antibiotics

·       Tetracycline

·       Penicillin

·       Others

·       Minerals

·       Calcium

·       Potassium

·       Magnesium

·       Zinc

·       Others

·       Antioxidants

o   Natural

·       Rosemary

·       Spearmint

·       Mixed tocopherols

·       Green tea extracts

·       Clove

·       Oregano

·       Thyme

·       Others

o   Synthetic

·       Bha

·       Bht

·       Ethoxyquin

·       Others (TBHQ, Propyl gallate, etc.)

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. is a 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/

Monday 15 April 2019

Adult Vitamin Gummies Market is Projected to Reach USD 6.79 billion by 2025: Grand View Research, Inc.

15-April-2019: The global adult vitamin gummies market size is projected to reach USD 6.79 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 9.0% during the forecast period. Rising awareness regarding vitamin consumption on account of introduction of new products and easy availability of adult vitamin gummies. Also, fluctuating dieting patterns coupled with hectic work schedule among working-class adults on the global level can limit their vitamin intake, thereby leading to a deficiency in nutritional levels. improper functioning of digestive system also results in reduction of vitamin content in human bodies.

Adult Vitamin Gummies Market

The demand for multi-vitamin gummies is likely to increase at a noteworthy rate during the forecast period. These gummies contribute in filling vitamin gaps, which may exist in regular diets and provide all basic micronutrients required by human body. However, single vitamin gummies are preferred when an individual suffers from certain disorders. These products are recommended by the National Institutes of Health (U.S.) for specific population groups including pregnant women and women suffering from anemia.

The demand for food supplements as adult vitamin gummies in the application is likely to witness a high growth on account Increasing utilization of supplements among adults as a result of rising product awareness, through e-commerce portals and social media, is anticipated to positively impact vitamin gummies market over the forecast period. Also, its antioxidant properties to protect cells from damage and thus help in maintaining a healthy immune system.

Weight management application segment is another fastest growing segment over the forecast period. As, weight management has been established as an important therapeutic goal for obese patients. Manufacturers are coming up with the innovative new products for weight management adult vitamin gummies. For instance, Hydroxycut manufactures and distributes nutritional supplements including vitamin B (C. canephora robusta) gummies for weight loss.

Asia Pacific is projected to witness fastest market growth over the forecast period. A shift in inclination toward preventive healthcare among working-class adults, as a result of increasing prevalence of cardiovascular and gastrointestinal disorders, in countries such as Indonesia, India, China, and Japan is likely to propel the demand for adult vitamin gummies over the forecast period.

Rising awareness about nutritional enrichment in China and India is expected to remain a favorable factor for the market growth. Furthermore, the expansion of retail market in the emerging economies of China and India, in light of regulatory support to promote investments, is expected to increase product accessibility for the buyers over the forecast period.

 In depth research report on Adult Vitamin Gummies Market

Further key findings from the report suggest:

·       The multi-vitamin gummies segment is anticipated to reach USD 5.02 billion by 2025 at a CAGR of 9.3% from 2018 to 2025

·       The single vitamin gummies product segment is expected to expand at a CAGR of 8.0% over the forecast period

·       Vitamin deficiency application dominated the global market, with a revenue share of over 43.0% in 2017

·       In terms of revenue, the Germany adult vitamin gummies market is anticipated to exceed USD 354 million by 2025

·       North America is likely to exhibit a CAGR of 8.8% during the forecast period. Easy access to nutraceutical products across retail outlets and e-commerce portals is projected to remain a favorable factor for market growth

·       The industry is characterized by accreditation of products, capacity expansion, capital expansion, and substantial investment decisions to improve market share of manufacturers.

·       Some of the prominent companies present in the industry are Pfizer Inc.; Chruch & Dwight Co. Inc.; Bayer Inc.; and Pharmavite LLC.

Grand View Research has segmented the global adult vitamin gummies market on the basis of product, application, and region:

Adult Vitamin Gummies Product Outlook (Revenue, USD Million, 2014 - 2025)

·       Single Vitamins

·       Multi-Vitamins

·       Type III & Others

Adult Vitamin Gummies Application Outlook (Revenue, USD Million, 2014 - 2025)

·       Food Supplements

·       Vitamin Deficiency

·       Weight Management

·       Immunity

·       Others

Browse more research reports of this category:

About Grand View Research

Grand View Research, Inc. is a 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/