The food and beverage industry globally has experienced a significant growth over the past few years. This is majorly attributed to the industry's strong developments and innovations, which have further enhanced and strengthened ....see more
The global potato processing market was valued at USD 22.74 Billion in 2016 and is projected to reach USD 30.85 Billion by 2022, at a CAGR of 5.3% during the forecast period. This report includes a study of the product offerings and competitive benchmarking of leading companies. It includes the profiles of leading companies such as Lamb Weston Holdings, Inc. (U.S.), The Kraft Heinz Company (U.S.), McCain Foods Limited (U.S.), J.R. Simplot Company (U.S.), Agristo NV (Belgium), Farm Frites International B.V. (Netherlands), AGRANA Beteiligungs-AG (Austria), J.R. Short Milling Company (U.S.), Intersnack Group GmbH & Co. KG (Germany), Idahoan Foods, LLC (U.S.), and Aviko B.V. (Netherlands).
The health ingredients market is projected to grow at a CAGR of 6.96%, in terms of value, from 2016 to reach a projected value of USD 101.32 Billion by 2022. The key players have been exploring the market in new regions by adopting acquisitions, expansions, investments, new product launches, agreements, and joint ventures as their preferred strategies. Key players have been investing into intensive R&D activities and also adopting expansions and acquisitions as a mode to enhance their product offerings and capture a larger market share, thus increasing the demand for health ingredients.
The food automation market was valued at USD 8.22 Billion in 2016. It is projected to grow at a CAGR of 6.90% from 2017, to reach 12.26 Billion by 2022. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as the Rockwell Automation, Inc. (U.S.), Siemens AG (Germany), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), and Schneider Electric SE (France). Other players include Yokogawa Electric Corporation (Japan), GEA Group (Germany), Fortive Corporation (U.S.), Yaskawa Electric Corporation (Japan), Rexnord Corporation (U.S.), Emerson Electric Company (U.S.), and Nord Drivesystems (Germany).
The packaging testing market, in terms of value, is projected to reach USD 14.64 Billion by 2022, at a CAGR of 12.0% from 2017. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as SGS S.A. (Switzerland), Bureau Veritas SA (France), Intertek Group Plc. (U.K.), Eurofins Scientific SE (Luxembourg), and TÜV SÜD AG (Germany).
The global lipid nutrition market was valued at USD 6.51 Billion in 2016, and is projected to reach USD 11.15 Billion by 2022, at a CAGR of 9.4% during the forecast period. This report includes a study of the product offerings and competitive benchmarking of leading companies. It includes the profiles of leading companies such as Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), Nordic’s Naturals, Inc. (U.S.), Croda International Plc (U.K.), Archer Daniels Midland Company (U.S.), Kerry Group plc (Ireland), FMC Corporation (U.S.), Neptune Wellness Solutions (Canada), Aker BioMarine AS (Norway), Omega Protein Corporation (U.S.), FrieslandCampina (Netherlands), and Polaris Nutritional Lipids (France).
The humectants market is projected to reach USD 26.27 Billion by 2022, at a CAGR of 7.0% from 2017, in terms of value. In terms of volume, the market is projected to reach 14,741.6 KT by 2022, at a CAGR of 3.9% from 2017. Key players such as Cargill (U.S.), The Dow Chemical Company (U.S.), Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), and Roquette Frères (France) have been profiled in the report. These leading players have adopted various strategies such as expansions & investments, mergers & acquisitions, and new product launches to explore new and untapped markets, expanding in local areas of emerging markets, and developing a new customer base for long-term client relationships. This has not only enabled the key players to expand their geographical reach, but has also reinforced their market position by gaining a larger share in terms of revenues and product portfolios.
The organic acids market is projected to grow at a CAGR of 5.48% from 2017 to 2022, to reach a projected value of USD 11.39 Billion by 2022. Key participants in the supply chain of the organic acids market are the product manufacturers, end use industries, and raw material suppliers. The key players that are profiled in the report include Cargill (U.S.), BASF SE (Germany), Dow Chemical Company (U.S.), Henan Jindan Lactic Acid Technology Co. Ltd (China), Archer Daniels Midland Company (U.S.), Eastman Chemical Company (U.S.), Corbion (Netherlands), Myriant Corporation (U.S.), Polynt-Reichhold (Italy), Tate & Lyle (U.K.), Koninklijke DSM N.V. (Netherlands), and E.I. Du Pont De Nemours & Company (U.S.).
The nutritional analysis market is estimated to be valued at USD 4.04 Billion in 2017, and is projected to reach USD 5.99 Billion by 2022, at a CAGR of 8.2% from 2017 to 2022. This report includes a study of marketing and development strategies, along with the service portfolios of key service providers. It includes the profiles of leading companies such as Eurofins Scientific SE (Luxembourg), SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group PLC. (U.K.), ALS LTD. (Australia), Mérieux NutriSciences Corporation (U.S.), and Thermo Fisher Scientific Inc. (U.S.).
The global essential oils market has grown steadily in the last few years. The market size is projected to reach USD 11.19 Billion by 2022, at a CAGR of 8.83% from 2017 to 2022. The essential oils market is characterized by medium to high competition due to the presence of a number of large- & small-scale firms with low product differentiation. Acquisitions and expansions are the key strategies adopted by these players to ensure their growth in the market. The market is dominated by players such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands), and dôTERRA International LLC. (U.S.). Other players in the industry include Young Living Essential Oils (U.S.) and Givaudan SA (Switzerland).
The microbiological testing of water market is projected to reach a value of USD 1.59 Billion by 2022, at a CAGR of 7.0% from 2017 to 2022. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Shimadzu Corporation (Japan), Sigma-Aldrich Corporation (U.S.), and 3M Company (U.S.).
The market for GMO testing has grown exponentially in the last few years. The market size is projected to reach USD 2.34 Billion by 2022, at a CAGR of around 8.2% from 2017 to 2022. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such Thermo Fisher Scientific, Inc. (U.S.), SGS S.A. (Switzerland), Bureau Veritas SA (France), Intertek Group Plc. (U.K.), Eurofins Scientific SE (Luxembourg), TÜV SÜD AG (Germany), Bio-Rad Laboratories, Inc. (U.S.), ALS Limited (Australia), Mérieux NutriSciences Corporation (U.S.), AsureQuality (New Zealand), Romer Labs Diagnostic GmbH (Austria), and Microbac Laboratories, Inc. (U.S.).
The flavor enhancers market, in terms of value, is projected to reach around USD 8.18 Billion by 2022, at a CAGR of 5.6% from 2017 to 2022. The market is dominated by players such as Cargill (U.S.), Tate & Lyle PLC (U.K.), Associated British Foods plc (U.S.), Corbion N.V. (Netherlands), Sensient Technologies (U.S.). Other players in the industry include Novozymes A/S (Denmark), E.I. DuPont de Nemours and Company (U.S.), Angel Yeast Co., Ltd (China), Innova Flavors (U.S.), Savoury Systems International, Inc. (U.S.), Senomyx, Inc. (U.S.), and Ajinomoto Co., Inc. (Japan).
The Guar Gum Market is projected to grow at a CAGR of 7.9% from 2017 to 2022, to reach USD 1.15 billion by 2022. The multifunctional nature of guar gum, ease of incorporation in a wide range of applications, and increase in demand for guar gum from the oil & gas industry are the main factors driving the guar gum market. The leading players who dominated the guar gum market include Hindustan Gums & Chemicals Ltd. (India), Vikas WSP Limited (India), India Glycols Limited (India), Rama Gum Industries (India) Ltd., and Dabur India Ltd. (India).
The global botanical extracts market is estimated to be valued at USD 3.92 Billion in 2017, and projected to reach USD 6.03 Billion by 2022, at a CAGR of 9.0% from 2017. This report includes a study of marketing and developmental strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Frutarom Ltd (Israel), Döhler GmbH (Germany), and Kalsec Inc. (U.S.). Other players include Blue Sky Botanics (U.K.), Ransom Naturals (U.K.), Prinova Group LLC (U.S.), Synergy Flavors (U.S.), and Haldin International (Indonesia).
The medium chain triglycerides market is projected to grow at a CAGR of 6.1% from 2017 to reach USD 809.3 Million by 2022. The (MCTs) medium chain triglycerides market is driven by the rising demand for nutritional food and increasing health consciousness among consumers.
The stevia market is projected to reach a value of USD 771.5 Million by 2022, growing at a CAGR of 9.5% from 2017. Market growth is driven by the growth in customer demand for natural sugar alternatives, zero calorie beverages, and healthier foods incorporating natural sugar substitutes. The market is also driven by factors such as positive regulatory outlook for stevia as a natural sweetener and increase in a number of innovative product developments for stevia and stevia-based products that can be cost-effective as well as used in a wide range of food & beverage applications.
The global polyol sweeteners market has grown steadily in the last few years. The market size is projected to reach USD 3.30 Billion by 2022, at a CAGR of 5.9% from 2017 to 2022. The growth in demand for low-calorie and healthier food & beverage products is the major driving factor of this market. The market is dominated by players such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), and Roquette Frères S.A. (France). Other players in the industry include Südzucker AG (Germany), and Tereos Starch & Sweeteners (France).
The egg replacers market is projected to grow at a CAGR of 6.2% from 2017 to 2022, to reach USD 1,283.0 Million by 2022. The base year considered for the study is 2016 and the forecast years include 2017 to 2022. The main objectives of the report are to define, segment, and project the global market size for egg replacers on the basis of application, ingredient, source, form, and region. It also helps to understand the structure of the egg replacers market by identifying its various subsegments. Other objectives are analyzing the opportunities in the market for stakeholders, providing a competitive landscape of market trends, and analyzing the macro and micro indicators of this market to provide factor analysis and to project the size of the egg replacers market and its submarkets, in terms of value and volume.
The soluble dietary fibers market was valued at USD 1.52 Billion in 2016. It is projected to grow at a CAGR of 13.4% from 2017, to reach 3.23 Billion by 2022. The base year considered for this study is 2016 and the forecast period is from 2017 to 2022. The objectives of the study are to define, segment, and measure the size of the soluble dietary fibers market with respect to type, application, source, and region.
The global carbonated beverage processing equipment market has grown exponentially in the last few years. The market size is projected to reach USD 7.23 Billion by 2022, at a CAGR of around 7.3% from 2017 to 2022. Emerging countries such as India, China, Brazil, and Argentina are the primary targets of the industry. Factors such as increasing demand for functional drinks, emergence of new technologies and upgradation of equipment & machinery are the major driving factors for this market. Moreover, advanced technologies and automation helped to drive the carbonated beverage processing industry.
The astaxanthin market is projected to grow at a CAGR of 8.02% from 2017, to reach USD 814.1 Million by 2022. Astaxanthin has been gaining significance due to its health benefits and a wide range of end-use applications. It finds usage in animal and human applications, wherein it is mainly used to combat the human immune health and skin-related problems, while as a coloring additive in animal feed. The increasing prevalence of nutrient deficiency and changing consumer preferences for preventive healthcare have led to an increase in the demand for astaxanthin in the global market.
The global fishmeal & fish oil market is estimated to be valued at USD 9.50 Billion in 2017 and projected to reach USD 14.28 Billion by 2022, at a CAGR of 8.50% from 2017. Growth in the market can be attributed to factors such increasing use of fishmeal & fish oil in swine and poultry diets and the growing aquaculture industry.
The global functional proteins market is estimated to be valued at USD 4.17 Billion in 2017 and projected to reach USD 5.73 Billion by 2022, at a CAGR of 6.6%. Growth in the market can be attributed to the rising consumer preference for a healthy diet and increasing application of functional proteins by various end-user industries, such as food & beverage, animal feed, and nutraceuticals.
The food amino acids market is projected to grow at a CAGR of 7.8% from 2016 to 2022, to reach a projected value of USD 6.82 Billion by 2022. The increase in demand for food amino acids has been observed in the recent years, due to the increase in the demand for processed and convenience foods. Also, growing inclination of consumers toward food and dietary products with additional health benefits is fueling the demand for food amino acids.
The beta-glucan market is projected to grow at a CAGR of 7.57% from 2017, to reach USD 476.5 Million by 2022. The market has become more diversified in recent years. The demand for food & beverages and pharmaceuticals is increasing, which is positively driving the demand for beta-glucan due to its health-promoting and prebiotic properties. With the increasing consciousness and concern about health & wellness, the demand for multifunctional beta-glucan is expected to increase in the coming years.
Oryzenin, a rice glutelin, is an important constituent of rice protein. Glutelin comprise the major protein fraction of rice grain and constitute upto 80% of the total protein. The global oryzenin market is estimated at USD 88.2 Million in 2016 and is projected to reach USD 198.2 Million by 2022, at a CAGR of 14.5% during the forecast period. The primary factors that drive the oryzenin market are increasing demand for rice protein due to its functional properties and growth in the consumption of plant protein.
The food authenticity testing market size is projected to reach USD 7.50 Billion by 2022, at a CAGR of 7.6% from 2016 to 2022. Growing awareness among consumers about food authenticity and regulations is one of the significant factor driving the market for food authenticity testing. Over the last few decades, there has been a significant increase in consumer concerns for food authenticity. Consumer awareness plays a vital role in implementing the quality & safety of food products through various means such as labeling, claims, and nutrition facts.
The global shortenings market is projected to reach USD 4.57 Billion by 2022 in terms of value, at a CAGR of 4.2% from 2017. The objective of this study is to define, segment, and project the size of the shortenings market on the basis of key ingredient, source, variant, application, and region, and to provide detailed information about the crucial factors influencing market dynamics (drivers, restraints, opportunities, and industry-specific challenges). The market opportunities and competitive landscape of market leaders are also studied for the stakeholders.
The market for industrial sugar is projected to reach USD 52.91 Billion by 2022, growing at a CAGR of 6.01% from 2016 to 2022. Sugar is considered as one of the most important commodities, and is produced and consumed around the world, of which around 70% of production is consumed in domestic markets and only 30% is traded in the international markets.
The top 10 Food safety testing and technologies market is projected to reach USD 39.47 Billion by 2022. The Top 10 food safety testing and technologies industry includes food safety testing market, GM food safety testing market, food pathogen testing market, meat speciation testing market, food authenticity testing market, pesticide residue testing market, mycotoxin testing market, and allergen testing market. The markets covered under water safety testing & technologies include water testing and analysis and bottled water testing.
The food-grade alcohol market is projected to grow at a CAGR of 3.9%, in terms of value, from 2017 to reach a projected value of USD 12.86 Billion by 2022. The market is largely driven by the demand from the Asia-Pacific region. Increase in demand for food-grade alcohols from various industries such as food & beverages and health care & pharmaceuticals is driving the food-grade alcohol market globally. Increase in global trade of alcohol and increased demand for ethanol to increase the production of alcoholic beverages is also fueling growth of the food-grade alcohol market, especially for ethanol.
The xanthan gum market is projected to grow at a CAGR of 3.25% from 2016 to 2022, to reach a projected value of USD 452.8 Million by 2022. Xanthan gum has become prominent in the recent years, due to the increase in the demand for various gluten-free and natural food & beverage products. Also, the growth in inclination of consumers toward convenience food is fueling the demand for xanthan gum, as it is used in various convenience food applications, owing to its properties such as thickening and stabilizing.
The food thickeners market is projected to grow at a CAGR of 5.95% from 2016 to 2022, to reach a projected value of USD 15.80 Billion by 2022. The market is driven by the growth in demand for convenience foods, consumer awareness toward healthy diet, and multiple functionalities and advantages associated with the use of food thickeners.
The meat speciation testing market is projected to grow at a CAGR of 8.20% from 2016 to 2022, to reach a projected value of USD 2,220.6 Million by 2022. The market is driven by increase in number of adulteration and food fraud cases, religious beliefs, and compliance with labeling laws, and stringent regulations and consumer demand for certified products.
The global fruit & vegetable processing enzymes market has grown steadily in the last few years. The market size is projected to reach USD 41.39 Billion by 2022, at a CAGR of around 6.7% from 2016 to 2022. The high specificity of enzymes in biochemical reactions is the major driving factor of this market. The fruit & vegetable processing enzymes market based on sources has been segmented into bacteria and fungi. This is because bacteria is largely used to increase the shelf-life of fruits & vegetables for a prolonged time.
The cheese powder market is projected to grow at a CAGR of 6.82% from 2016 to 2022, to reach a projected value of USD 604.1 Million by 2022. Cheese powder has become prominent in the recent years, due to the increase in size of the convenience & fast food industry and innovative offerings by cheese powder manufacturers. The growth rate in the fast food industry is experiencing a surge due to the changing lifestyles of people around the globe. However, rise in awareness with regard to ill-effects of cheese such as obesity, high cholesterol levels, and heart problems are posing as challenges in the market.
The global milk protein market is projected to reach USD 13.38 Billion by 2022 in terms of value, at a CAGR of 6.5% from 2017. Milk protein is a widely accepted ingredient in food & beverage applications, owing to its functional properties. The multifunctionality of milk protein increases its adoption in end-use applications. Also, the growing demand of high protein, nutritious products and increase in demand for premium products has expanded the application areas of milk protein in the food & beverage industries.
The food allergen testing market size is projected to reach USD 760.7 Million by 2022, at a CAGR of 6.8% from 2016 to 2022. The market is driven by labelling-compliance in various food industries, growing allergic reactions among consumers, consumer complaints (food recalls), implementation of stringent food safety regulations, and international trade of food materials.
The market for aseptic processing, by equipment is projected to reach USD 12.24 Billion by 2022, growing at a CAGR of 3.8% from 2017, in terms of value. The packaging market is projected to reach USD 77.25 Billion by 2022, growing at a CAGR of 10.6% from 2017, in terms of value. The key players include Robert Bosch GmbH (Germany), E.I. Du Pont De Nemours and Company (U.S.), Tetra Laval International S.A. (Switzerland), SPX FLOW, Inc. (U.S.), and IMA S.p.A (Italy). Other players such as Becton, Dickinson and Co (U.S.), Amcor Limited (Australia), GEA Group (Germany), Greatview Aseptic Packaging Co., Ltd (China), and JBT Corporation (U.S.) also have a strong presence in the global aseptic processing market.
The clean label ingredients market is projected to grow at a CAGR of 6.6% from 2016 to 2022, to reach a projected value of USD 47.10 Billion by 2022. The market is driven by rise in clean label product launches, fueled by increase in consumer demand for clean label food products to drive consumption of clean label ingredients and health issues associated with artificial food additives and food safety incidents.
The global wood vinegar market has grown steadily in the last few years. The market size is projected to reach USD 6.7 Million by 2022, at a CAGR of around 7.2% from 2016 to 2022. The growing demand for bio-based agricultural inputs is the major driving factor of this market. The wood vinegar market, based on pyrolysis method, has been segmented into slow pyrolysis, fast pyrolysis, and intermediate pyrolysis. Slow pyrolysis method accounted for the largest market share in 2015.
An excellent growth has been recorded in the global frozen bakery products market over the last couple of decades. The market size is projected to reach USD 23.48 Billion by 2022, at a CAGR of around 7.9% from 2016. Increase in demand for convenient food products and drive for greater taste, safety, and consistency are the major factors driving the global frozen bakery products market. Emerging countries such as India, China, Brazil, Argentina, and Malaysia among others are the potential markets for frozen bakery products, as consumers in these markets are demanding for readily available and new varieties of food products.
The global herbal supplements market has grown steadily in the last few years. The market size is projected to reach USD 86.74 Billion by 2022, at a CAGR of around 6.8% from 2016 to 2022. The growing awareness for preventive healthcare methods is the major driving factor of this market. The herbal supplements market based on sources has been segmented into leaves, barks, fruits & vegetables, and roots. The leaves segment accounted for the largest market share in 2015 as herbal supplements are largely made up of plant leaves.
The fillings & toppings market is projected to grow at a CAGR of 5.63%, in terms of value, from 2016 to reach a projected value of USD 12.33 Billion by 2022. The market is driven by the demand from Asia-Pacific countries, particularly India, China, Japan, and Australia & New Zealand. The market is highly impacted with the increase in size of confectionery and bakery industries and rise in disposable income & urbanization.
The global fermented ingredients market has grown exponentially in the last few years. The market size is projected to reach USD 35.63 Billion by 2022, at a CAGR of around 9.0% from 2017. Factors such as growth in bio-ethanol & antibiotics industry and rise in awareness among consumers toward quality fermented food ingredients are some of the major drivers of this market. Emerging countries such as India, Japan, and China are the primary targets of the industry as they demand healthier and safer products.
The high pressure processing equipment market is projected to grow at a CAGR of 11.26% from 2016, to reach a projected value of USD 500.3 Million by 2022. High pressure processing equipment has become prominent in recent years due to the increased use of different volumes of vessels, growing awareness regarding the types of products that can benefit from the use of high pressure processing technology, and the increasing research activities regarding the importance of using cold processing techniques
The mixed tocopherols market is projected to reach USD 5.27 Billion by 2022, at a CAGR of 5.4% from 2016. The growth in demand for natural and healthy sources of nutrients is the main driving factor of this market. The mixed tocopherols market, based on source, has been segmented into soybean oil, rapeseed oil, sunflower oil, corn oil, and others (wheat germ, alfalfa, lettuce, and nuts & seeds). The soybean oil segment accounted for the largest market share in 2015.
The crude sulfate turpentine market is projected to grow at a CAGR of 4.10% from 2016 to 2022, to reach a projected value of USD 279.5 Million by 2022. Crude sulfate turpentine has become prominent in recent years due to the increasing demand for fragrance ingredients that require crude sulfate turpentine derivatives; increasing preference of consumers towards eco-friendly products that include crude sulfate turpentine as a substitute to petrochemicals; and increasing demand for personal care products such as perfumes, detergents, and soaps.
The specialty malt market is projected to grow at a CAGR of 5.0%, in terms of value, from 2016 to reach a projected value of USD 3.01 Billion by 2022. The market is driven by the demand from Asia-Pacific countries, particularly India, China, and Japan. Increase in demand for craft beer, advancements in R&D activities for specialty malt, increase in number of independent breweries, and multi-functionality of specialty malt are the factors driving the specialty malt market.
The global functional flours market is projected to reach USD 78.00 Billion by 2022, growing at a CAGR of 7.82% from 2016, in terms of value, and 156.92 MT by volume by 2022. The rise in demand from industries such as bakery, R.T.E products, and soups & sauces is driving the market. Rise in consumer spending on processed food products is also estimated to be the key driving factor for the market. Government initiatives to promote the functional flours industry and increase in trade of these commodities have complemented the overall growth of this industry. However, strict food labeling legislations and seasonal variations affecting the supply of raw materials with fluctuating prices restrain the growth of the market.