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 fats & oils market is projected to grow at a CAGR of 4.4%, in terms of value, from 2016 to reach a projected value of USD 247.78 Billion by 2021. The market is driven by the demand from Asia-Pacific countries, particularly India, China, Malaysia, and Indonesia. Demand from the respective food sectors of these countries, which are supported by rise in living standards and population growth are factors driving the fats & oils market. The increased focus on biofuels, such as biodiesel from vegetable oils and animal fats, is fueling the demand for fats & oils.
The residue testing market size is projected to reach USD 4.41 Billion by 2021, at a CAGR of 6.4% from 2016. The market is driven by increasing outbreaks of chemical contamination in foods, growing allergic reactions among children and adults, global movement of organic revolution, implementation of food safety regulations, and international trade of food materials.
The market for corn wet-milling is projected to reach USD 77.50 Billion by 2021, at a CAGR of 5.0% from 2016 to 2021. The corn wet-milling market is driven by increasing demand for high fructose corn syrup in processed food & beverage products, increasing consumption of corn gluten meal-based animal feed products in the meat industry, multi-functionality of corn starch in non-food applications, and increasing demand for bio-ethanol products which has led to a large-scale adoption of corn wet-milling products for various applications.
The market for confectionery ingredients is projected to reach USD 76.81 Billion by 2021, at a CAGR of 6.2% from 2016 to 2021. The confectionery ingredients market is driven by growing industrialization, large-scale adoption of confectionery ingredients for various applications in diverse industries including chocolate, sugar confectionery, gums, and other industries such as fillings, coatings, caramel, aerated confectionery, spreads, and cereal bars.
The global food preservatives market has grown steadily in the last few years. The market size is projected to reach USD 2.94 Billion by 2021, at a CAGR of around 2.5% from 2016 to 2021. The growing demand for convenience food products is the major driving factor of this market. The market is dominated by players such as Akzo Nobel N.V. (Netherlands), Danisco A/S (Denmark), Cargill, Incorporated (U.S.), Univar Inc. (U.S.), and Koninklijke DSM N.V (Netherlands). Other major players in the market are Brenntag Solutions Group, Inc. (Germany), Tate & Lyle (U.K.), Kemin Industries, Inc. (U.S.), Galactic (Belgium), and Hawkins Watts Limited (New Zealand).
The organic soy protein market is projected to reach USD 500.4 Million by 2021, at a CAGR of about 17.3% from 2016 to 2021. This market is fueled by the growing awareness among consumers toward the health and nutritional benefits of organic foods and the growth of end-use applications of soy protein in the food & beverage industry. Globally, the growth of the functional foods, meat alternatives, and dairy alternatives industries has led to a large-scale adoption of organic soy protein for various applications.
The market for pine-derived chemicals is projected to reach USD 5.27 Billion by 2021, at a CAGR of 4.5% from 2016 to 2021. The pine-derived chemicals market is driven by increasing environmental concerns, growing industrialization, and focus on use of renewable resources & resource optimization, which has led to a large-scale adoption of pine-derived chemicals for various applications. Also, with rapid increase in pollution and exploitation of fossil fuels, the pressure on the ecosystem has compelled the need to find alternatives to replace fossil fuels with renewable raw materials.
The global caramel ingredients market was valued at USD 1.72 Billion in 2015. It is projected to reach USD 2.65 Billion by 2021, at a CAGR of 7.5% from 2016 to 2021. The market is driven by factors such as demand for caramel in bakery and confectionery products due to changing consumer preferences. Furthermore, factors such as increasing disposable incomes and rapid urbanization have also increased the demand for caramel ingredients. The high growth potential in emerging markets and unexplored regions provides new growth opportunities for market players.
The proteases market is projected to reach USD 2.21 Billion in terms of value by 2021, at a CAGR of 6% from 2016 to 2021. The objectives of the study is to define, segment, and measure the proteases market with respect to sources, applications, methods of production, formulation, products, and key regional markets. They also include major factors influencing the growth of the market, strategically analyze the micromarkets, analyze opportunities for stakeholders, provide details of competitive landscape, and strategically profile the key players with respect to their market share and core competencies.
The fish processing market is projected to reach USD 222.71 Billion in terms of value by 2021, at a CAGR of 3.8% from 2016 to 2021, and is projected to reach 37,194.98 KT in terms of volume by 2021, at a CAGR of 2.2%. The objectives of the study is to define, segment, and measure the fish processing market with respect to categories, species, sources, applications, equipment, and key regional markets.
The food glazing agents market is projected to reach USD 3.74 Billion by 2021, at a CAGR of 8.8% from 2016 to 2021. The food glazing agents market is segmented on the basis of ingredient type into stearic acid, beeswax, carnauba wax, candelilla wax, shellac, paraffin wax, and others. On the basis of ingredient function, market is segmented into coating agents, surface-finishing agents, firming agents, film-formers, and others.
The market size is projected to reach USD 51.31 Billion by 2021, at a CAGR of around 4.0% from 2016 to 2021. The global flavored syrups market has grown exponentially in the last few years. Emerging countries such as China, Thailand, and Singapore are the primary targets of the industry. Increasing consumer demand for a variety of flavors in food products, personalized flavor options and product variety, and increasing consumer preference towards convenience foods & ready-to-eat products are some of the major driving factors for this market.
The organic rice protein market is estimated at USD 41.7 Million in 2016 and is projected to reach USD 96.5 Million by 2021, at a CAGR of 18.3%. The increasing demand for dietary protein, clean label, gluten-free, non-GMO, and hypoallergenic products has led to the growth of the organic rice protein market. The organic rice protein market is segmented on the basis of type, form, application, function, and region. The base year considered for the study is 2015, and the forecast period is from 2016 to 2021.
The global sugar toppings market was valued at USD 4.88 Billion in 2015 and is projected to reach USD 6.93 Billion by 2021, at a CAGR of 6.0% from 2016 to 2021. This growth is mainly attributed to the rising consumption of confectioneries, growth in the consumption of low-sugar topping products in Europe, marketing of breakfast syrups and beverage sauces in the Asian market, and rising demand of sugar toppings from emerging markets such as China, India, Brazil, and the Middle East.
The organic pea protein market is projected to reach USD 18.5 Million by 2021, at a CAGR of 12.0% from 2016 to 2021. Increased consumption of organic food, the government support for organic farming in various countries due to its sustainability, growing demand for weight management products, increasing health awareness, and rising vegan population are the major drivers for the organic pea protein market. The organic pea protein market is segmented on the basis of type, form, application, and region.
The global bulk food ingredients market was valued at USD 369.51 Billion in 2015. It is projected to reach USD 472.10 Billion by 2021, at a CAGR of 4.2% from 2016 to 2021. The market is driven by factors such as increased demand for snacks & spreads, ready meals, and infant formulas due to changing consumer preferences. Furthermore, factors such as increasing disposable incomes and rapid urbanization have also increased the demand for bulk food ingredients. The high growth potential in emerging markets and unexplored regions provide new growth opportunities for market players.
The juice concentrates market, in terms of value, is projected to reach around USD 93.94 Billion by 2021, at a CAGR of 6.0% from 2016 to 2021. The market is segmented on the basis of type, application, ingredients, brands, form, and region. The types of juice concentrates include fruit & vegetable and their subtypes. The application of juice concentrates includes beverages, bakery & confectionery, dairy, and soups & sauces. Single fruit/vegetable and multi-fruit/vegetable are the segments by ingredients. The forms of juice concentrates considered are clear, frozen, and powdered juice concentrates. The market by region is segmented as North America, Europe, Asia-Pacific, South America, and RoW.
The poultry processing equipment market is projected to reach USD 3.83 Billion by 2020, at a CAGR of 4.7% from 2015 to 2020. Increased consumption of processed food, the government support for the use of equipment in developing countries, the demand for food safety, safety of workers, environment and sustainability, the presence of small and medium enterprises in developing countries, rising raw material costs, and international trade rules are the major drivers for the poultry processing equipment market.
The food fortifying agents market is projected to reach USD 69.8 Billion by 2020 growing at a CAGR of 16.7% from 2015 to 2020. The food fortifying agents market is segmented on the basis of type into minerals, vitamins, lipids, carbohydrates, proteins & amino acids, prebiotics, probiotics, and others. On the basis of application, it is segmented into cereals & cereal-based products, dairy & dairy-based products, fats & oils, bulk food items, beverages, infant formula, dietary supplements, and others. The food fortifying agents market is also segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
The food pathogen testing market is projected to reach USD 10.79 Billion by 2020, to grow at a significant rate of 7.8% from 2015 to 2020. Food pathogen testing is performed to supervise the quality and avert unwanted incidents of foodborne illnesses, toxicity, or poisoning. The growing level of foodborne illnesses due to food contamination and rising consumer inclination toward better quality & safe food has led to the rise in food pathogen testing market for varied food products.
The food safety testing market is projected to grow at a CAGR of 9.9% from 2015, to reach USD 791.5 Million by 2020. The market growth is driven by changing consumers’ attitude and concerns of retailers for safe and quality food, positive structural changes in the Chinese food safety regulations, high occurrence of food safety incidents in China, and globalization of food trade and China’s rising food exports.
The global spices and seasonings market is projected to grow at a CAGR of 5.2% from 2015 to reach a projected value of USD 14.8 Billion by 2020. The market is driven by factors such as increased demand for snacks & convenience food and meat & poultry products due to changing consumer preferences. Furthermore, factors such as increasing disposable income and rapid urbanization have also increased the demand for spices and seasonings. The high growth potential in emerging markets and untapped regions provide new growth opportunities for market players.
The global low-intensity sweeteners market is projected to grow at a CAGR of 5.4% to USD 1.55 Billion by 2020. The low-intensity sweeteners market is segmented on the bassis of type and appplication. It is further segmented on the basis of regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market is mainly driven by growing demand for low calorie food and beverages and increasing levels of obesity, diabetes, and other metabolic disorders.
The food anti-caking agents market is projected to grow at a CAGR of 4.5% from 2015 to reach USD 822.0 Million by 2020. The market growth is driven by growing customer attention toward better-quality products with longer shelf life, changing consumer tastes, growing level of product innovations, and increasing demand for convenience food. The market is further driven by factors such as functionalities of food anti-caking agents in manufacturing, packaging, and transportation processes, among others.
The egg processing market is projected to reach USD 29.20 Billion by 2020, growing at a CAGR of 3.6% from 2015 to 2020. The demand for egg products is growing rapidly in developing countries such as China and India. Production and export of egg products have been highly attractive investments for a number of exporters in various countries. However, the food safety regulations implemented by governments are restraining the growth of the market.
In North America, foodborne illnesses and poisoning has been increasing. The major outbreaks of foodborne diseases have been reported due to pathogens such as salmonella, campylobacter, E. coli, and listeria. It has been estimated that nearly 48 million people in the U.S. contract foodborne poisoning each year. Apart from pathogens contamination, toxic materials are found in food products that may be responsible for foodborne toxicity. The North American food safety testing market is projected to reach USD 6.4 Billion by 2020, at a CAGR of 7.4% from 2015.
The organic fruits & vegetables market is projected to reach USD 62.97 billion by 2020, at a CAGR of 9.4% from 2015.The market for organic fruits & vegetables is highly fragmented and competitive in nature, with a large number of small-scale players operating at regional and domestic levels. The key players in the market adopted new product launches and expansions as their preferred strategies. The key players such as The WhiteWave Foods Company (U.S.), General Mills, Inc., (U.S.), H. J. Heinz Company (U.S.), and CSC Brands L.P. (U.S.) have been profiled in the report.
The European Commission defines food additive as "any substance not normally consumed as a food in itself and not normally used as a characteristic ingredient of food, whether or not it has nutritive value." Food additives have gained growing level of importance over the years owing to the diverse requirements of the food industry, end consumers, and regulatory bodies across the globe. The market for food additives is projected to grow at a CAGR of 5.6% to reach USD 52.2 Billion by 2020.
Betaine is one of the rapidly-growing markets in the food & beverages market. The rise in awareness about the nutritional value of betaine when used in dietary supplements as well as its multi-functional usage such as surfactant and methyl donor are the key factors driving its demand. The betaine market is projected to reach USD 3.89 Billion by 2020, at a CAGR of 5.8% during the forecast period. In 2014,
The meat ingredients market, that forms an integral part of the processed meat industry, is currently being driven by the rising demand for different kinds of processed meat products such as beef, pork, mutton, and poultry. Leading companies such as Kerry Group plc (Ireland), Ohly GmbH (Germany), and E. I. du Pont de Nemours (U.S.) have made significant investments in advancements of technologies and new product developments to provide superior quality, and innovative and cost-effective meat solutions to the customers.
The citric acid market is directly influenced by the growth of food additives in the processed food industry. Consumer interest in food & beverage products prepared from safe ingredients is projected to remain strong during the forecast years. Moreover, increasing application in the pharmaceutical & personal care industries also help in augmenting market demand for citric acid products. The global market for citric acid stood at USD 2.6 Billion in 2014, at USD 3.6 Billion by 2020 and is projected to grow at a CAGR of 5.5% from 2015 to 2020.
This report estimates the size of the global sodium reduction ingredients market in terms of value. The market for sodium reduction ingredients is projected to grow at a CAGR of 11.2% to reach USD 1.24 Billion by 2020. The market was dominated by the North American region in 2014 where the U.S., Canada, and Mexico were the leading countries in 2014. Drivers, restraints, opportunities, and challenges of the market are also discussed in detail in the report. In the next five years, mineral salts are projected to gain better prospects as the fastest-growing segment in various regions. The application of sodium reduction ingredients is projected to witness strong demand from bakery & confectionery and meat products industries.
The alcohol ingredients market, that forms an integral part of the functional beverage ingredients market, is currently being driven by the rising popularity of alcoholic beverages among consumers across the globe. The alcohol ingredients market is estimated to be valued at USD 1,130.4 Million in 2015 and at USD 1.8 Billion by 2020.
Lipase is one of the rapidly growing markets in the industrial enzymes market, mainly due to its numerous health and industrial benefits. It helps in the digestion of fats by breaking them down into fatty acids and glycerol. It also helps in controlling appetite and regulates cholesterol levels in the body. The lipase market is projected to reach $590.5 Million by 2020, at a CAGR of 6.5% between 2015 and 2020.
Round the globe, people have been consuming fermented tea for many years, giving it different names and admiring its probiotic benefits and its energizing taste. Kombucha, a kind of health drink, is made by fermenting tea and sugar with the microbial culture (which includes yeast, bacteria, and mold). The global market for kombucha has grown exponentially in the last few years. In terms of value, the market is projected to reach USD 1.8 Billion by 2020, at a CAGR of 25.0% from 2015 to 2020.
This report analyzes the yeast ingredients market in terms of geography, ingredient type, and application. Geographically, the report is segmented into North America, Asia-Pacific, Europe, and Rest of the World. The ingredient types of yeast ingredients included in this report are yeast extracts, yeast autolysates, yeast beta-glucan, yeast derivatives, and others such as nucleotides, vitamins and minerals. The applications covered in this report include the food industry, feed industry, and others.
Gum arabic is obtained from the sap of the Acacia trees found in the belt of arid lands in Africa, including countries such as Sudan, Nigeria, and Chad. Gum arabic can be used to perform various functions and has numerous applications in the food & beverages industry. Gum arabic is used as a binding agent to bind the food particles together, while retaining their physical properties. It is used in a variety of food products, such as gums, pastilles, toffees, and cola-flavored beverages, for stabilization and emulsification. The gum arabic market is projected to reach a value of $800.3 Million by 2019. In 2014, the market was dominated by North America, followed by Europe, in terms of consumption.
The global phytonutrients market, in terms of value, is projected to reach $4.63 Billion in 2020, at a CAGR of 7.2% from 2015 to 2020. The market is projected to grow significantly in the next five years in almost all parts of the world, especially in European and North American countries. The high rate of adoption of phytonutrients by manufacturers drives the European market.
The global sizing & thickening agents market is driven by growing demand for natural ingredients in food & beverage products. Increasing demand for healthy, nutritive, and convenience food products is driving the hydrocolloids segment in the thickening agents market. The growing trend of using clean-label products, which are slowly becoming mandatory across the globe, creates many opportunities for new formulations and new product developments in food & beverage segments. The global sizing & thickening agents market is projected to reach a value of $20.7 Billion by 2020, at a CAGR of 5.7% from 2015.
The global phytosterols market, in terms of value, is projected to reach $721.26 Million by 2020, at a CAGR of 8.7% from 2015 to 2020. The market of phytosterols is projected to grow significantly for the next five years in almost all parts of the world, especially in European and North American countries. The government interventions and regulatory approvals exposed the European market to various advantages of phytosterols. High rate of adoption of phytosterols by manufacturers drives the European market to grow at a healthy CAGR of 9.1% from 2015 to 2020.
This report estimates the size of the soybean derivatives market in terms of value. The market has been segmented on the basis of type, application, lecithin processing type, and region. In 2015, the global soybean derivatives market is estimated to be led by the Asia-Pacific region, where China is the major consumer. North America is the second-largest region with regards to the application of soybean derivatives. The soybean derivatives market is projected to reach $254.9 Billion by 2020, at a CAGR of 7.6%, as studied from 2015.
This report provides a study on the global soft drink concentrates market, categorizing soft drink concentrates on the basis of their main applications, end use, and geography. It includes projections for global as well as regional soft drink concentrate demand. The Soft Drink Concentrates Market is Projected to Reach a Value of $34,761.36 Million by 2019.
The nut ingredients market has witnessed strong growth trends in the global food industry. The nut ingredients sector is evident of various innovations and developments in the forms and finished products by many key players. The growing focus on preventive health care and launch of healthier products has driven the global nut ingredients market. The cold chain logistics and technological advancements have also enabled the global trade of nut ingredients to a greater extent. Further, various associations and organizations promote export, research, education, and consumer awareness campaigns for growth of the market. The nut ingredients market is projected to reach $22,642.1 Million by 2019, at a CAGR of 5.8% from 2014 to 2019. In terms of volume, the market is projected to reach 1,946.8 MT in 2014 at a CAGR of 5.7%.
Chocolate flavors are known for their high cocoa content. They are typically sweet, usually brown, and used as flavoring ingredients in various food & beverage preparations. It also offers the advantage of a nutritional profile with health benefits such potential to lower blood pressure & cholesterol and reduce the risk of strokes. They are used extensively in baked food, dairy products, snacks, confectionery, and drinks. The market for chocolate flavors is projected to be valued at more than $350 million by 2019. The market in Europe is projected to grow at the highest CAGR during the review period.
The global water testing & analysis market is dominated by Europe & North America. Developed European countries are emerging as leading exporters of water testing & analysis to the developing regions. The Asia-Pacific region is one of the prominent importer as well as manufacturer of water testing & analysis instruments. This region is projected to grow at the highest CAGR of 7.0% from 2014 to 2019. The growing government regulations and increasing environmental concerns are driving the water testing & analysis market. The global water testing & analysis instruments market was valued at $2.7 billion in 2014 which is projected to grow at a CAGR of 5.2% from 2014 to 2019.
The global alginates & derivatives market is projected to reach a value of $409.2 Million by 2019 growing at a CAGR of 3.8% from 2014 to 2019. The global market is dominated by North America and Europe. Developing countries are emerging as leading exporters of alginates to the North American and European regions. The Asia-Pacific region is one of the prominent producers and exporters of alginates.
The mushroom market, in terms of value, is projected to reach $50,034.12 million by 2019, at a CAGR of 9.5% from 2014. The growth of the mushroom market is primarily triggered by factors such as a rise in the consumption of processed food and growing awareness about health and wellness. Also, R&D and innovations to enhance applicability and continuously improving technologies to increase their shelf-life are projected to drive this market.
The beverage packaging market is directly influenced by the beverage manufacturing industry. Rising consumption of beverages in the developing economies is driving the market for beverage packaging. Key players such as Saint-Gobain S.A. (France), Tetra Laval International S.A. (Switzerland), Stora Enso Oyj (Finland), Owens-Illinois, Inc. (U.S.), Crown Holdings, Inc. (U.S.), Rexam PLC (U.K.), and Ball Corporation (U.S.), Mondi PLC (U.K.), Amcor Limited (Australia), Reynolds Group Holdings Limited (New Zealand), and Alcoa Inc. (U.S.) are profiled in the report. The market for beverage packaging is projected to reach $131.1 billion by 2019 at a CAGR of 4.4%.
The fragrance ingredients market, in terms of value, is projected to reach $17,104.21 million by 2019 at a CAGR of 5.6% from 2014. The growth of the fragrance ingredients market is primarily triggered by the change in consumer preferences and increase in demand for natural ingredients. Also, therise in demand from the developing nations and the significant technological advancements have helped in the growth of the fragrance ingredients market. However, factors such as expensive R&D programs and the need for compliance with regulatory standards are restraining the growth of this market.
The increase in consumption of convenience foods is driving the food packaging market. Convenience features such as easy opening, portability, and single-use packaging drive food packaging innovation for processed foods. Visual appeal and convenience are the two aspects that drive the growth of the food packaging market.