Food Premix Market to Hit a CAGR of 6.21% by 2021-2028

The food premix market size was USD 1.32 billion in 2020. The market is projected to grow from USD 1.43 billion in 2021 to USD 2.18 billion in 2028 at a CAGR of 6.21% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report titled, “Food Premix Market, 2021-2028.” Factors such as rising consumer demand for maintaining their health & wellness and the emerging trend of preventing lifestyle-related diseases will boost the growth of the market during the forecast period. Additionally, the rising consumption of nutraceuticals will increase the footprint of the market.

COVID-19 Impact

Rising Sales During Pandemic owing to Increasing Health Concerns to Bolster Market Share

The COVID-19 pandemic had a positive impact on the food premix sector in numerous ways with consumers worldwide increasing their focus toward their health and well-being. The rising demand for immunity-boosting products is expected to increase the footprint of the market during the intended forecast period. Additionally, the leading players in the market are focused on increasing their product portfolio, which further triggers market growth. Rising risks of infections and increasing fears of the virus will boost sales for nutraceutical supplements.

Get Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/food-premix-market-102456

List of Key Players Present in the Market

• Koninklijke DSM N.V. (Netherlands)
• Glanbia plc (Ireland)
• BASF SE (Germany)
• Corbion N.V. (Netherlands)
• SternVitamin GmbH and Co. KG (Germany)
• Vitablend Netherland B.V. (Netherlands)
• Hellay Australia Pty. Ltd. (Australia)
• Farbest-Tallman foods Corporation (U.S.)
• Jubiland Life Sciences (India)
• Watson foods Co., Inc. (U.S.)

Segments

Type, Application, and Region are Studied

Based on type, the market is divided into vitamins, minerals, amino acids/proteins, and others.

By application, the market is broken down into dietary supplements, beverages, dairy products, bakery products, and others.

In terms of geography, the market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage

The market report contains a detailed analysis of the industry by focusing on critical aspects such as leading companies, types, and leading applications of the product. Additionally, the report also offers ongoing market trends and highlights the key industry developments. Also, the report encompasses several factors that are expected to impact the market in a positive/negative manner during the intended forecast duration.

Drivers & Restraints

Rising Utilization of Premixes for Increased Nutraceutical Manufacturing to Drive Market Growth

Factors such as rising demand for functional food & beverages and dietary supplements and increasing availability of nutraceuticals in various forms will boost the food premix market growth during the forecast period. Additionally, changing consumer consumption and supplements becoming a staple part of regular diets will increase the footprint of the market. Also, increasing demand for customized premixes and rising focus of various government bodies toward spreading awareness regarding the benefits of supplements will drive the market growth.

However, strict regulatory standards will limit the growth of the market during the forecast period.

Ask for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/food-premix-market-102456

Regional Insights

Asia Pacific Will Dominate Market due to Rising Trend of Extending Lifespans Among Consumers

Asia Pacific will witness the largest food premix market share during the forecast period owing to the increasing number of consumers seeking supplements toward improving their health and an increasing trend of extending lifespans. Additionally, the region is expected to be a breeding ground for herbal dietary supplements due to its rich history of traditional medicines. Also, increasing purchasing power will further aid market growth.

North America will occupy a substantial market share in terms of global contribution due to increasing demand for probiotics and rising consumer awareness in terms of added health benefits. Additionally, rising instances of irritable bowel syndrome and food sensitivities will further increase the footprint of the market.

Competitive Landscape

Product Development & Consumer Retention to Augment Market Share

The dominant players in the food premix industry are constantly striving for developing novel products for constantly changing consumer demands. Others are also focused on increasing their presence in the market by employing strategic tactics such as mergers & acquisitions and collaborations. For example, in December 2020, Prinova announced the launch of its plant-based premixes for dairy alternative products. This will allow the organization to fulfill the increasing demand for functional foods for its vegan consumer base. Additionally, players are also focused on developing new products to maintain a competitive edge.

Inquiry before Buying:

https://www.fortunebusinessinsights.com/enquiry/queries/food-premix-market-102456

Industry Development

• October 2021: SternVitamin GmbH developed new micronutrient premixes that have the ability to be utilized for fortification of fortifying vegan products. These products include oat drinks, vegan burgers, and alternative seafood products.

Sorbitol Market to Hit a CAGR of 5.54% by 2019-2026

 he global sorbitol market is likely to gain impetus from a rise in demand for digestive and low-calorie products. The global sorbitol industry was valued at USD 1,244.5 Million in 2018. It is projected to reach USD 1,928.3 Million by the end of 2026, exhibiting a CAGR of 5.54% in the forecast period (2019-2026).

Applications in Gelatin Capsule and Cosmetic Industry to Boost Growth of Liquid/Syrupy Sorbitol Segment

The report classifies the global sorbitol market on the bases of type, application, and geography. In terms of type, the market is further divided into powder/crystal and liquid/syrupy formulations. Out of these, the liquid/syrupy formulation of sorbitol is currently leading the global market. Sorbitol is commercially marketed in the form of 70% solution that includes polyhydric alcohol with colorless to faint yellowish appearance.

The liquid formulation remains inert to humidity fluctuations. Furthermore, it is a good water stabilizer and humectant that enables its application in cosmetic emulsions and gelatin capsule industry. The aqueous solution acts as a suitable substitute as it replicates several properties of glycerol and glycols.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sorbitol-market-100206

Rapid Growth of Cosmetic and Personal Care Industry to Favor Growth in Asia Pacific

The global sorbitol market is geographically segmented into Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America. Amongst these, Asia Pacific is dominating the sorbitol market globally. China, being one of the largest producers of Vitamin C, has been witnessing an increasing demand for sorbitol. Asia Pacific also possesses the Indonesian market which is the second-largest producer of sorbitol and starch sweeteners. Combined with the rapid growth of personal care and cosmetics industry, the region is anticipated to exhibit a high sorbitol market revenue.

In the cosmetics industry, sorbitol is one of the strong competitors of glycerin and propylene glycol as it acts as an emulsion stabilizer as well as a humectant. This unique property of sorbitol makes it very useful in the production of shampoos, creams, hair conditioners, and lotions. In North America, the sorbitol market is performing well due to the U.S. being a market leader. In the U.S., there is a huge demand for sorbitol due to the persistent usage in the non-food industries. This in turn, is contributing to a rise in the sorbitol market sales in North America. It is also extensively used in oral-care products, especially in toothpaste as sorbitol aids in the prevention of cavity. That is why, it is being used more for producing sugar-free chewing gums in this region. 

 

Lupin, Sunar Misir, and Other Key Players Focus on Strategic Collaboration and Expansion Programs to Strengthen Position

Lupin, a multinational pharmaceutical company headquartered in Mumbai, announced that it has entered into a definitive distribution agreement with Aptissen S.A., a company specialized in the development of biopolymer-based medical devices, based in Switzerland in May 2019. Under this agreement, Aptissen S.A. has granted Lupin exclusive rights to distribute, sell, and market its current products in Canada. It also includes the rights to distribute Synolis VA, an injectable hyaluronic acid gel used to provide fast relief from osteoarthritis pain. According to the Statistics Canada, more than 10% Canadians between the age group of 15 or older are affected by osteoarthritis.

Earlier, in September 2018, Sunar Misir, a provider of raw materials with its products, such as dextrins, glucose, natural starches, glucose-fructose varieties, corn gluten meal, etc., based in Turkey, announced its plan to expand the installation capacity of sorbitol and maltitol up to 100,000 tons in its facility located in Adana, by the end of 2019.

Fortune Business Insights has profiled few of the prominent market players operating in the global sorbitol market. Some of them are Archer Daniels Midland Company, Lonza Inc., Cargill, Incorporated., Tate & Lyle, Ingredion Incorporated, Merck KGaA, Tereos Starch & Sweeteners s.a.s, SPI Pharma, Roquette Frères, Pfizer Inc., and other key market players.

Inquire Before Buying:

https://www.fortunebusinessinsights.com/enquiry/queries/sorbitol-market-100206 

Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Overview of the Parent/Related Markets
  • Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
  • Production, Trade, and Consumption Patterns of Sorbitol - Analysis and Forecast
• Global Sorbitol Market Analysis, Insights and Forecast, 2015-2026
  • Key Findings / Summary
  • Market Analysis, Insights and Forecast – By Type
    • Liquid/Syrupy
    • Powder/Crystal 
  • Market Analysis, Insights and Forecast – By Application
    • Food & Beverages
    • Personal Care & Cosmetics
    • Pharmaceuticals and Medicinal Formulations
    • Others
  • Market Analysis, Insights and Forecast – By Geography
    • North America
    • Europe
    • Asia Pacific
    • South America
    • Middle East & Africa

TOC Continued…!

Speak to Our Expert:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/sorbitol-market-100206

Herbal Medicine Market to Hit a CAGR of 11.32% by 2021-2028

The global Herbal Medicine Market size reached USD 185.86 billion in 2020. The market valuation is set to rise from USD 203.03 billionin 2021 to USD 430.05 billion in 2028 at a CAGR of 11.32% during the projected period. The market growth and rising product demand are attributable to increasing health consciousness among consumers. Individuals are not only consuming healthier foods but also switching to cosmetics and personal care products with natural ingredients. These factors are responsible for the rise of herbal medicines worldwide. Fortune Business Insights presents this information in its report titled “Herbal Medicine Market, 2021-2028."

Popularity of herbal products has exploded over the past decade. Evidently, about 10-50% of individuals in developed countries utilize herbal products. The main reason more people are inclining toward herbal alternatives is their better tolerance compared to synthetic drugs. Also, they are naturally-sourced and are hence safer than synthetic products. Herbal medications are mainly used for common cold, cough, nervous health problems, urinary complaints, gastrointestinal issues, and painful conditions such as joint pain, rheumatic diseases, and stiffness.The rising occurrence of such health problems will certainly boost the product demand in the forthcoming years.

COVID-19 Impact:

Herbal Medicine Demand Surges due to Increasing Health Consciousness

The COVID-19 pandemic has affected healthcare and pharmaceutical supply chains significantly. Medicine shortage was experienced worldwide due to a significant spike in COVID-19-related hospital admissions. Additionally, R&D and drug manufacturing activities also experienced roadblocks during the pandemic.

However, herbal products experienced an upsurge as consumers became more conscious about their health and wellbeing. Increased focus on immunity has fueled the demand for various pharmaceutical and nutraceutical products with herbal ingredients. These factors have opened up new opportunities for market players during the pandemic period.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/herbal-medicine-market-106320

Segments:

Application, Form, and Region are studied for the Market

On the basis of application, the market is segmented into food & beverages, pharmaceutical & nutraceutical, and personal care & beauty products.

Based on form, the market is classified into liquid & gel, powder, and tablets & capsules.

In terms geography, the market is studied acrossNorth America, South America, Asia Pacific, Europe, and the Middle East & Africa.

Report Coverage

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into the regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• Latest industry developments such as product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints:

Emerging Demand for Natural Medicines and Cosmetics to Augment Growth

The Herbal Medicine Market growth is influenced by surge in product demand for medical purposes in developing countries. Herbal products are being widely used for almost all minor health complaints. Consumers are also shifting towardcosmetics and personal care products with natural and organic ingredients owing to greater safety. To capitalize on this trend, beauty and cosmetic brands are introducing newer product varieties with herbal ingredients. The aforementioned factors will drive the market demand significantly.

However, strict regulatory frameworks related to the import and use of herbal raw materials in food, pharmaceutical, and cosmetic applications could hamper the market development slightly.

Get Your Customization Research Report:

https://www.fortunebusinessinsights.com/enquiry/customization/herbal-medicine-market-106320

Regional Insights:

Europe is expected to dominate the Herbal Medicine Marketshare over the projected period. Regional demand is largely influenced by the popularity of cosmetics and personal care products with natural and organic ingredients. Turmeric has emerged as a popular ingredient in the European health products market owing to its antioxidant and anti-inflammatory properties. It is also gaining popularity as a spice in ethnic cuisine.

The market in North America is growing on account of growing consumer awareness toward the benefits of herbal products. Meanwhile, Asia Pacific will record strong growth led by rising disposable incomes and increased spending on healthier foods and natural cosmetics.

 List of Key Players Profiled in the Market Report:

• KPC Products Inc. (California, U.S.)
• NEXIRA (Normandy, France)
• HISHIMO PHARMACEUTICALS (Rajasthan, India)
• Schaper & Brümmer GmbH & Co. KG (Salzgitter, Germany)
• Sydler Group of Companies (India)
• 21^STCentury HealthCare, Inc. (Arizona, U.S.)
• Zoic Pharmaceuticals (Punjab, India)
• Herbally Yours, Inc. (Arizona, U.S.)
• Pharma Nord B.V. (Vejle, Denmark)
• NATURLAND (Gräfelfing, Germany)

Inquire Before Buying Report:

https://www.fortunebusinessinsights.com/enquiry/queries/herbal-medicine-market-106320

Industry Development:

March 2021 – Fitday, a supplement startup based in Hyderabad, India, announced plans to set up more than 50 brick-and-mortar stores across the country by 2023 with USD 8 million investment.

Dietary Supplements Market Demand, Size, Share, Segmentation, Latest Trends and Forecast by 2027

According to Fortune Business Insights™, the global dietary supplements market size is expected to showcase an exponential growth by reaching USD 117.92 billion by 2027 while exhibiting a CAGR of 9.8% between 2020 and 2027.

This is attributable to the increasing demand for personalized dietary supplements and the rising prevalence of chronic diseases such as diabetes, hypertension, high cholesterol levels, and other heart ailments. The report further mentions that the market was worth USD 48.22 billion in 2019 and is likely to rise in the forthcoming years.

Dietary supplements are products that supplement consumers with the necessary nutrients that are sourced from synthetic or natural food sources. These supplements are provided in the form of capsules, pills, tablets, or liquids. Some of the popular products include minerals such as iron and calcium, vitamins B12 and D, and others. The consumption of these products leads to improved physical performance, helps to build muscles, and delays fatigue amongst people.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/dietary-supplements-market-102082

List of the Companies Operating in the Dietary Supplements Market:

• Amway Corp (Michigan, United States)
• Abbott (Illinois, United States)
• Nestle S.A. (Vevey, Switzerland)
• Herbalife Nutrition Ltd. (California, United States)
• Archer Daniels Midland Company (Illinois, United States)
• Glanbia Nutritionals (Illinois, United States
• Otsuka Holdings Co. Ltd. (Tokyo, Japan)
• Arkopharma (Carros, France)
• Pfizer Inc. (New York, United States)
• GlaxoSmithKline plc (Brentford, United Kingdom)

What does the Report Include?

The global human dietary supplements market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaborations that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

DRIVING FACTORS

Increasing Demand for Personalized Dietary Supplements to Bolster Growth

According to research by Epsilon in 2018, about 80% of consumers found personalization services appealing. Today, consumers expect personalization in every single thing such as preferring their own designer wear to instruct the restaurants to cater to their dietary needs. In addition to this, these supplements need to fight against several lifestyle-related diseases such as obesity, cardiovascular disease, and diabetes, among others, vary from person to person. This is propelling the demand for providing personalized programs by the companies that are expected to further drive the global market during the forecast period.

SEGMENTATION

Vitamins Segment Held a Market Share of 37.14% in 2019 Owing to Increasing Consumption

The vitamins segment, based on type, is expected to showcase an augmented growth backed by the increasing consumption of dietary supplements owing to the surging prevalence of vitamin deficiency among the population. The vitamins segment held a market share of 37.14% in 2019 and is likely to remain dominant in the food supplements market.

REGIONAL INSIGHTS

Increasing Demand for Nutritional Products in Asia-Pacific to Aid Growth

Among all the regions, the market in Asia-Pacific is expected to experience significant growth in the forthcoming years. This is attributable to the increasing demand for nutritional food products such as dietary supplements in the region. The increasing health-consciousness amongst the population in countries such as India and China is expected to favor growth in Asia-Pacific. North America is anticipated to showcase an exponential growth owing to the increasing prevalence of lifestyle diseases and the presence of the aging population between 2020 and 2027. The region stood at USD 11.95 billion in 2019 and is likely to grow in the near future.

Order a Complete Research Report:

https://www.fortunebusinessinsights.com/checkout-page/102082

COMPETITIVE LANDSCAPE

Merger and Acquisition by Major Companies to Strengthen Their Product Portfolios

The global dietary supplements market observes that major companies such as Amway and Abbott are striving to consolidate their positions. They are doing so by acquiring other companies to strengthen their product portfolios in the fiercely competitive global marketplace. The other players are adopting strategies such as the introduction of new products, collaboration, and partnership that are further expected to contribute to the market growth.

Key Industry Development:

April 2020: DSM, a leading food supplements provider, announced the acquisition of Glycom. According to the company, the valuation is worth Euro 765 million and is expected to expand its footprint in the lucrative business of food supplements.

Cocoa and Chocolate Market to Hit a CAGR of 4.98% by 2022-2029

The cocoa and chocolate market size reached USD 46.61 billion in 2021. The market value is anticipated to increase from USD 48.29 billion in 2022 to USD 67.88 billion by 2029 at a CAGR of 4.98% during the forecast duration. The market is exhibiting progressive growth due to the global chocolate confectionery industry's robust growth trajectory. The share of global grindings has increased significantly, which has increased the overall consumption of cocoa-based ingredients, says Fortune Business Insights^TM in its report titled, “Cocoa and Chocolate Market, 2022-2029”.

COVID-19 Impact-

COVID-19 Lockdown Affects the Supply Chains of Cocoa and the Hospitality Industry

The COVID-19 pandemic has significantly impacted the food and beverage processing industry. The socioeconomic situation had a negative impact on specific product consumption patterns. The restrictions imposed by COVID-19 resulted in losses for farmers growing cocoa in small but important cocoa-producing countries, as production outstripped demand in the early months of the pandemic's onset.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cocoa-and-chocolate-market-100075

List of Key Market Players:

• Barry Callebaut, AG (Switzerland)
• Cargill, Inc. (U.S.)
• Olam International (Singapore)
• Fuji Oil Company Ltd. (Japan)
• ECOM Agroindustrial Corporation Ltd. (Switzerland)
• Cocoa Processing Co. Ltd. (Ghana)
• Touton S.A. (France)
• Niche Cocoa Industry Ltd. (Ghana)
• BD Associates Ghana Ltd. (Ghana)
• PLOT Enterprise Ghana Limited (Ghana)

Report Coverage-

The research report provides a comprehensive analysis of the chocolate industry, focusing on key aspects such as leading companies, product types, and application industries for the product.

Segments-

By Type, Chocolate Segment Holds Major Share during the Forecast Period

On the basis of type, the market for cocoa and chocolate is bifurcated into cocoa ingredients and chocolate. The market is further segmented into cocoa butter, cocoa liquor, and cocoa powder based on cocoa ingredients.

The increasing popularity of chocolate confectioneries has largely contributed to the chocolate segment's improved sales performance. With the growing trend of premium chocolates, filled chocolate has a larger market share than other chocolate types.

By Application, Food & Beverage Sector Exhibits Promising Growth during the Forecast Period

On the basis of application, the market is sub-categorized into food & beverage, cosmetics, pharmaceuticals, and others. Food & beverage is further divided into confectionery, dairy, bakery, and others.

The food and beverage industry is expanding globally, creating numerous opportunities for the cocoa and chocolate industries. Chocolate has remained a popular flavor in new beverage, bakery, and confectionery product launches. It has also remained a popular ingredient in the sweets and beverages industries.

Geographically, the market is classified into Europe, North America, Asia Pacific, South America, and the Middle East & Africa.

Drivers & Restraints-

Increasing Demand for Chocolate Confectioneries to Fuel Market Growth

The growing popularity of chocolate confectionery is driving the global market for cocoa and chocolate. In recent years, demand for chocolate confectioneries in emerging economies has shown a positive trend, owing to rising consumer expenditure on indulgent confectionery products, particularly chocolate confectioneries. However, due to the ease of availability and low cost of the products mentioned above, the increased demand for cocoa ingredient replacements and cocoa ingredient equivalents, such as soybean oil, palm oil, rapeseed oil, shea butter, and others, may negatively impact the cocoa and chocolate market growth.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/cocoa-and-chocolate-market-100075

Regional Insights-

Europe to Lead the Global Market Share

Europe dominated the global market, with USD 19.95 billion in 2021. Many of the world's major industrial chocolate producers are based in Belgium, the Netherlands, Germany, and Switzerland, making Europe a hub for industrial chocolate production.

The cocoa and chocolate market share in North America is expected to grow significantly, as it is a major importer of cocoa to meet domestic confectionery manufacturing sectors.

As the need for chocolate confectioneries in emerging economies, such as India and China, has increased, the Asia Pacific market is rapidly expanding. The increase is attributed to rising consumer spending on decadent chocolate confectionery.

The Middle East and Africa is expected to grow the fastest due to a preference for convenience, value, and luxury in chocolate offerings, which has increased the use of cocoa butter in the Middle East.

Competitive Landscape-

Market Growth will be fueled by base Expansion and the Development of Premium Products

The major market players are actively considering new product launches and base expansion. These manufacturers are working hard to broaden their consumer outreach to strengthen their market presence.

Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends
• Key Insights
  • Overview of the Parent/Related Market
  • Supply Chain and Regulatory Analysis
  • Recent Industry Developments - Policies, Partnerships, New Source Launches, and Mergers & Acquisitions
  • Cocoa Price & Trade Analysis
  • Qualitative Analysis (In relation to COVID-19)
    • Impact of COVID-19
    • Supply Chain Challenges
    • Potential Opportunities due to COVID-19

TOC Continued…!

Speak to Our Expert:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/cocoa-and-chocolate-market-100075

Key Industry Development-

August 2021: Cargill announced the acquisition of Aalst, a major Asian chocolate supplier. Cargill is expanding its Asia Pacific cocoa and chocolate offerings to better serve its industrial and foodservice customers.

Wine Market to Hit a CAGR of 4.30% by 2021-2028

The global wine market size was USD 339.53 billion in 2020. The market is projected to grow from USD 340.23 billion in 2021 to USD 456.76 billion in 2028 at a CAGR of 4.30% in the 2021-2028 period.

This information is provided by Fortune Business Insights, in its report, titled, “Wine Market, 2021-2028.”

According to our researchers, the industry is inducing rustic landscapes for consumers across the world and attaining huge admiration in the global marketplace, owing to its taste and uplifting properties. The beverage has become a significant commodity and is also obtaining approval in the overseas market, owing to the eased trade duties and tariff obstructions in marketing.

COVID-19 Impacts:

Supply Chain Disturbances amid COVID-19 to Adversely Affect Market Presentation

The COVID-19 pandemic has brought about a notable alteration in global markets, principally in this market. The product distribution channels across the globe were interrupted, owing to wide-ranging terminations of numerous amenities and limitations in public mobility.

The demand and ingestion of the drink has been detained in the majority of the markets globally. The greatest influence had been in the course the customers bought the product, as users progressively moved towards buying the drink online, owing to the steady conclusion of on-trade channels.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/wine-market-102836

List of Key Players Mentioned in the Report:

• The Wine Group (U.S.)
• John Distilleries (India)
• International Beverage Holdings (Thailand)
• Distell Group Limited (South Africa)
• Halewood Wines International (U.K.)
• Sula Vineyards Pvt. Ltd. (India)
• Accolade Wines, Plc. (U.S.)
• E & J Gallo Winery (U.S.)
• Global Drinks Finland (Finland)
• Treasury Wine estates (Australia)
• Torres Wines (Spain)

Report Coverage:

We offer our reports which are steered with an all-inclusive evaluation approach that primarily emphasizes on bringing comprehensive material. Our scholars have applied a data triangulation method, which further helps us to provide reliant calculations and inspect the general market conditions specifically. Additionally, our analysts have gained admission to several global as well as locally sponsored records for offering the upgraded material in order for the guarantors and business specialists to capitalize only in essential zones.

Segmentation:

By type, the market is divided into,

• Sparkling
• Still
• Others

Still wine is the oldest and the most renowned form of wine present across the world. It held the highest share under type.

Based on Flavor, the global market is segregated into,

• Red
• White
• Rose

In terms of Distribution Channel, the market is classified into,

• On-trade
• Off-trade

Geographically, the market is categorized into,

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/wine-market-102836

Drivers and Restraints:

Rising Alcohol Socialization among Consumers to Assist Market Growth

Wine production and consumption have observed rapid development in the last few years, which has led to an augmented consumption pattern. These days, social activities, modernization, and surging acceptance of western culture are few of the aspects promoting alcohol socialization among users. The consumption of this drink is transforming into a signal of social prestige, which in turn is backing the growth of low alcoholic beverages in the market. This is estimated to foster the wine market growth.

Regional Insights:

Europe is anticipated to hold the biggest wine market share, as it offers one of the most enticing product assortments, represented by being the largest consumer across the world and was valued at USD 204.94 billion in 2020.

North America is the second largest market for the product. The region has an enormous latent for growth, owing to the rising fondness of millennials towards premiumization trends.

Asia Pacific is estimated to hold a substantial market share in the global marketplace. This is owing to the growing implementation of modernized trends and the ingestion of numerous local cuisines among consumers.

Competitive Landscape:

Corporations Engage into Partnerships and Sign Contracts to Spur their Market Position

The vital players of the market are known to implement important tactics in order to uphold their domination over the market worldwide. The players along with their expert consultants apply stratagems such as inaugurating products, signing strategic bonds, initiating mergers and many such factors to plunge market growth and widen their growth prospect throughout the market.

Speak to Our Expert:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/wine-market-102836

Industry Developments:

January 2021: E. & J. Gallo Winery Group, declared the procurement of over 30 wine brands from Constellation Brands, Inc., which is an American maker and vendor of wines. The company procured these brands to extend its functional existence with the addition of five vineyards situated in California, New York, as well as in Washington.

Potato Starch Market To Hit CAGR of 3.9% by 2020-2027

The global potato starch market size is projected to reach USD 672.68 million by 2027, exhibiting a CAGR of 3.9% during the forecast period. Development of clean-label starch products by food companies is expected to prove beneficial for this market, shares Fortune Business Insights™ in its report, titled “Potato Starch Market Size, Share & COVID-19 Impact Analysis, By Nature (Organic & Conventional) End-use (Textile & Paper, Food & Beverages, and Pharmaceuticals), Type (Native and Modified), and Regional Forecast, 2020-2027”. Clean-label food products are those that are free of any chemical modifications or alterations and are made from natural ingredients. Starch is a carbohydrate that is generally synthesized chemically, but consumers are now demanding clean-label, or naturally-derived, starches and other ingredients that are used in foods and drinks. As a result, many companies are now developing innovative starch concoctions made from organic sources. For instance, Tate & Lyle developed the CLARIA^® Functional Clean-Label Starches, its new product line of non-Genetically Modified Organism (GMO) starch offerings, designed to meet several preparation requirements in the food industry. Cargill, too, came up with its SimPure line of native starches developed specifically for convenience foods.

The COVID-19 pandemic has created unparalleled turmoil, uncertainty, anxiety, and apprehensions in the global economy. Governments are pulling all stops to wade their countries out of this crisis, while the private sector is exploring alternatives to survive these hard times. At Fortune Business Insights™, we are taking constant efforts to provide you with comprehensive market intelligence and aid your business to emerge successfully from this crisis. We are offering precise market reports based on our expertise and experience in the field of market research.

Get Sample PDF Brochure with Impact of COVID-19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/potato-starch-market-101789

The report states that the global market value in 2019 stood at USD 500.07 million and provides the following information:

• Intelligent insights into the long-term and short-term impact of COVID-19 on this market;
• Actionable research into the market trends, drivers, and constraints;
• Detailed analysis of the key market segments; and
• Careful examination of the regional and competitive dynamics shaping the market growth.

 

Market Driver

Digestive Benefits of Potato Starch to Stoke Adoption

A leading factor fueling this market growth is the numerous benefits that resistant starch derived from potatoes has on the body’s digestive system. According to the National Institutes of Health (NIH), resistance starch helps in strengthening the colon by reducing inflammation in the area and potentially lowering the risk of colorectal cancer. In bolstering the colon’s functionality, this type of starch can prevent the development of chronic bowel disorders such as Crohn’s disease and ulcerative colitis. The NIH also highlights the advantages that resistant starch offers for metabolism. For instance, regular consumption of this starch type through meals can improve insulin sensitivity, which in turn can lower blood sugar levels and reduce the risk of diseases such as type 2 diabetes, heart disease, obesity, and even Alzheimer’s. Increasing awareness about the vast benefits of potato starch and other naturally derived ingredients is expected to augur well for the market in the coming years.

 

Regional Insights

High Demand for Plant-based Food Items to Support Market Growth in Europe

Europe is anticipated to have a commanding hold on the potato starch market share during the forecast period on account of high demand and consumption of plant-based, naturally made food items in the region. In addition to this, food & beverage companies in the region are increasingly developing health snacks by infusing them with potato starch, which is favoring the market growth in the continent.

The market size in North America stood at USD 178.75 million in 2019 and is expected to expand at a steady pace owing to surging demand for organic foods and drinks in the region. In Asia Pacific, rapid urbanization is boosting the demand for ready-to-eat organic foods, which is creating promising prospects for the players in this market.

Inquire Before Purchasing this Report:

https://www.fortunebusinessinsights.com/enquiry/queries/potato-starch-market-101789

Competitive Landscape

Key Players to Engage in Collaborative Efforts to Promote Plant-based Nutrition

With the widening ambit of plant-based foods and drinks, key players in this market are taking concrete steps to innovate and augment the potential of naturally-derived starches, including potato starch. To that end, many companies are joining large-scale initiatives to promote plant-based nutrition products. On the other hand, a few other companies are making tactical acquisitions to expand their global presence.

 

Industry Developments:

• December 2019: Roquette became part of the ‘Beyond Starch’ campaign launched by Starch Europe, the European association of starch industries. The purpose behind this campaign is to spread awareness about the use of starch in the food industry through a series of events organized by its 27 member companies.
  
  
• March 2019: Ingredion Incorporated announced the acquisition of the operations of Western Polymer, a US-based producer of native and modified potato starches for food and industrial applications. This move will allow Ingredion to strengthen its production, augment processing capacities, and broaden its portfolio of specialty ingredients.
  
  

List of the Leading Companies Profiled in the Global Potato Starch Market Report:

• Lodaat Pharma – Illinois, U.S.
• AGRANA Beteiligungs-AG – Vienna, Austria
• KMC a.m.b.a. – Brande, Denmark
• Roquette – Lestrem, France
• Cargill, Inc. – Minnesota, U.S.
• Tereos - Moussy le Vieux, France
• Coöperatie Koninklijke Cosun U.A. – Dinteloord, Netherlands
• Ingredion, Inc. – Illinois, U.S.
• PEPEES Group – Lomza, Poland
• Emsland Group – Lowe Saxony, Germany

 
Request for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/potato-starch-market-101789

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

Connect us via Social Media Channels:

LinkedIn: https://www.linkedin.com/company/fortune-business-insights 

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

Protein Bar Market to Hit a CAGR of 6.1% by 2022-2029

The global protein bar market size stood at USD 4.54 billion in 2021. The market is anticipated to grow from USD 4.68 billion in 2022 to USD 7.07 billion by 2029 at 6.1% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Protein Bar Market, 2022-2029.”

According to the analysis, a palpable trend for ready-to-eat (RTE) protein sources among the millennial and gen Z population will encourage leading companies to invest in the landscape. Stakeholders expect meal-replacement bars and sports nutritional bars to gain considerable traction. Moreover, online channels and convenience stores could further their investments in nutritional bars.

COVID-19 Impact

Shutdown of Fitness Centers and Health Clubs Dented Growth Prospect

The pervasive COVID-19 pandemic did not bode well for the nutrition bar suppliers and manufacturers. Sports tournaments were predominantly postponed or canceled, sending shockwaves in the global market. The prevailing trends led to the shutdown of fitness centers and health clubs across emerging and advanced economies. Meanwhile, the resumption of sports tournaments and reopening of fitness centers following the dip in COVID-19 cases and robust vaccination campaigns augured well for the business outlook.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/protein-bar-market-100805

Major Players Profiled in the Report:

• General Mills Inc. (U.S.)
• The Simply Good Foods Company (U.S.)
• The Kellogg Company (U.S.)
• Clif Bar & Company (U.S.)
• Glanbia Plc. (Ireland)
• GNC Holdings Inc. (U.S.)
• Mars, Incorporated (U.S.)
• Mondelez International (U.S.)
• POST HOLDINGS INC. (U.S.)
• Amway Corp. (U.S.)
• The Bountiful Company (U.S.)

Report Coverage

The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

Segments

Plant-based Protein Bars to Remain Dominant with Rising Vegan Population

In terms of source, the market is segmented into animal-based and plant-based. Plant-based protein bars will grow during the forecast period, largely due to the soaring number of vegan population. Moreover, strong demand for natural ingredients, such as seeds, nut butter, and fruit, will encourage leading companies to invest in the portfolio.

Sports Nutrition Bars to Gain Traction Due to Soaring Popularity among Sportsperson

On the basis of type, the market is segregated into meal replacement bars, sports nutrition bars, and others. Sports nutrition bars will contribute notably to the global market in the wake of soaring popularity among sportspeople.

Online Channels to be Sought-after with Soaring Demand from E-Commerce Stores

With respect to the distribution channel, the market is classified into specialty stores, mass merchandisers, online channels, convenience stores, and others. The online channels segment will expand at a dominant share in the light of expanding penetration of e-commerce stores.

Drivers and Restraints

Trend for On-the-go Breakfast to Bolster Growth Potentials

The prevalence of sedentary and hectic lifestyles is expected to foster protein bar market share. Nutrition bars have become highly sought-after in the wake of the soaring demand for convenience food. Moreover, the growing fitness culture among millennials and gen Z populations will prompt companies to inject funds into protein bars. To illustrate, in September 2020, Maxim Nutrition rolled out the Maxim Apple cinnamon energy bar to offer sports enthusiasts a solid foundation for good performance and high-quality nutrients. Major companies could invest in innovative flavors to cash in on prevailing opportunities in the global market.

However, high sugar content and availability of alternative products could impede the industry growth.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/protein-bar-market-100805

Regional Insights

North America to Provide Lucrative Opportunities with Soaring Number of Fitness Enthusiasts

The U.S. and Canada are poised to offer promising growth opportunities in the wake of an increasing number of gyms, fitness enthusiasts, health clubs, and fitness training centers. The North America market size stood at USD 2.61 billion in 2021 and will witness a similar trend due to heightened awareness of protein-enriched bars and consumption of snacks. The healthy snacking trend has augured well for the regional growth as consumers seek non-GMO products with no preservatives, colors, and artificial flavors.

Europe protein bar market growth will be noticeable on the back of the trend for vegan products. The outlook is attributed to a surge in the vegan population across Spain, the U.K., Italy, and Germany. Plant-based protein bars have become the go-to product across the region. Furthermore, an upsurge in working-class population will trigger the product demand.

Stakeholders expect Asia Pacific to emerge as a lucrative destination due to growing awareness about protein intake. For instance, the General Office of the State Council’s Outline for China’s Food and Nutrition Development (2014-2020) recommends that Chinese people intake 78g of daily protein per person. Besides, the trend for plant-based protein bars will also expedite investments in the landscape.

Competitive Landscape

Major Players Invest in Product Portfolio Expansion to Boost Footprint

Prominent players could inject funds into mergers & acquisitions, product rollouts, technological advancements, and R&D activities. Besides, major companies could invest in innovations and product offerings in the ensuing period.

TOC Continued…!

Speak to Our Expert:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/protein-bar-market-100805

Key Industry Development

• September 2021 - Sun Pharma Consumer Healthcare forged an entry into India’s nutrition bar segment with the launch of Revital NXT.