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.)

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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

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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, 1 April 2019

Chilled & Deli Foods Market Size is Projected to Reach USD 267.70 Billion by 2025: Grand View Research, Inc.

1-April-2019: The global chilled & deli foods market size is likely to reach USD 267.70 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.2% during the forecast period. Chilled & deli foods are witnessing increasing demand in the food & beverages industry, mainly owing to growing acceptance among consumers. The popularity of these products is largely associated with their ease of preparation, storage, and availability in retail outlets, which is expected to influence the global consumption patterns over the forecast years.

Chilled & Deli Foods Market

Pre-packaged products are likely to be the largest product segment for the chilled & deli foods market throughout the forecast horizon. Chilled & deli foods are among promising segments in the food & beverage sector with its increasing acceptance among consumers since the available product range caters to a wide range of requirements such as Kosher and organic. Moreover, staple food is also readily available as a frozen meal wherein, advancements in packaging have increased the convenience of such type of meals.

The demand for savory appetizers in the market is primarily driven by tastes and variety. While North America and Europe are the largest regions in terms of consumption, growth in these regions is lower than in the largely developing regions. Asia Pacific is poised to offer tremendous growth opportunities owing to increment in consumption per capita and increasing population catering to global supplies. Widening base of middle class population is also playing a pivotal role in the development of the regional market. The same is true in Africa, although the growth trajectory for savory is still lower than Asia Pacific currently.

Concerns among buyers regarding adverse health effects caused due to degradation of ready foodstuffs have been rising, thereby leading to increased requirement for maintaining freshness of products such as bread rolls, frozen desserts, and chocolates for a longer duration. Increasing requirement for baked goods and confectioneries in light of new product launches in frozen desserts and liquor chocolates is expected to fuel the demand for chilled & deli foods over the forecast period.

With increasing number of working-class population and changing lifestyles, retail stores are emphasizing on altering present state of display and focusing on products that have greater shelf life and capable of retaining quality while kept frozen. In emerging markets in Latin America, Southeast Asia, and Eastern Europe, relatively buoyant income growth is translating into greater affordability and inclination towards new goods and services.

The distribution channel for chilled & deli foods is largely pivoted to supermarkets & hypermarkets, convenient stores, specialty stores, and e-commerce portals capable of catering to a large consumer base. Some of the distribution channels involved in the marketing of chilled & deli foods are Waitrose Limited, Kroger, Walmart, Godrej Natural Baskets, and Wesfarmers Limited. E-commerce portals such as Big Basket, Graze, Raw to Door, and Planet Organic have been gradually gaining acceptance among new-age consumers over the past few years.

In depth research report on Chilled & Deli Foods Market

Further key findings from the report suggest:

·       In terms of product, the pre-packaged products segment was valued at USD 40.54 billion in 2017. It is expected to expand at a CAGR of 5.8% over the forecast period

·       Central & South America is projected to witness a growth rate of 4.3% over the forecast period, owing to increasing number of food retail chains in countries including Brazil, Venezuela, and Argentina

·       Asia Pacific offers growing investment opportunities for chilled and deli food manufacturers, driven by high-potential customer base in the region

·       Countries in APAC, especially India and China, are expected to observe remarkable growth during the forecast period. The overall region is expected to progress at a CAGR of 5.8%, primarily as a result of rising demand for exquisite chilled and deli foods

·       Some of the key companies present in the market are Tyson Foods, Inc, Cargill Meat Solutions, Arthur’s Food Company, Gainsborough Chilled Foods Ltd, Ready Pac, and Winterbotham Derby.

Grand View Research has segmented the global chilled & deli foods market on the basis of product and region:

Chilled & Deli Foods Product Outlook (Revenue, USD Billion, 2014 - 2025)

·       Meat

·       Savory Appetizers

·       Prepared Salads

·       Pre-Packaged products

·       Sauces, Condiments & Dressings

·       Others

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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/