Black Tea Extract Market Revenue, Opportunity, Segment and Key Trends 2017-2024

Black Tea Extract Market size may grow significantly over the forecast timeframe. Strong application scope in food additives and cosmetic industry may drive product demand. It contains compounds, theaflavins such as EGCG which reduces inflammation and fight against free radicals. It contains about 2% to 4% caffeine.

Global tea market was valued at over USD 40 billion in 2015 and may reach up to USD 50 billion by 2024, registering over 3% growth. The total production over 5 million tons and consumption was over 4.5 million tons in 2015 and this may increase steadily owing to strong consumer demands for flavored tea and low cost compared to other beverages.

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Strong application scope in food additives industry may favor black tea extract market size. Global food additives market was valued at over USD 30 billion in 2015 and may exceed USD 45 billion in sales by 2024, with gains at over 3.5%. U.S. accounted for over 80% consumption which reduces C-reactive protein growth in the body, alleviating cardiovascular diseases.

Global cosmetics market may surpass USD 675 billion by 2024 at gains over 6.5%. Asia Pacific accounted for over 35% of the total market share in 2015 due to the changing lifestyles and increase in beauty consciousness among the consumers. Black tea extract gel reduces skin redness after the exposure to UV light. In addition, it minimizes skin cancer probability on account of its antioxidant properties. Black tea extract is used to enhance skin health and reduces visible symptoms of aging.  The theaflavins reduces inflammation and soothes skin.  In addition, it increases hair thickness by decreasing dihydrotestosterone, thereby reducing hair loss due to caffeine content.

Increasing herbal medicines demand may positive influence black tea extract market size. Functional food with herbal ingredients are witnessing a significant consumption growth over the forecast timeframe. Black tea extract serves as an herbal medicine, as it significantly minimizes the risk of oral cancer for those who intake tobacco products or smokes cigarettes. It also prevents cancer by hindering malignant tumors growth. Tannins present can fight viruses such as dysentery, influenza, cold, flu and hepatitis. Catechin, a form of tannin helps in suppressing tumors. Alkylamine antigens helps in increasing the immune response.

Global dietary supplements market size was over USD 120 billion in 2015. Increasing consumer awareness towards nutritional enrichment and calorie reduction mainly in China, Italy, and the U.S. should drive industry growth in food & beverage sector and favor black tea extract market growth.  Positive outlook towards sports nutrition on account of increase in active lifestyle should promote dietary supplements consumption. Black tea extract is consumed for weight loss supplements as it is cost-effective.

Black tea extract can be used as pills including powder, or as tinctures mixed with water and alcohol. Powder form is mainly used in Japan and may show significant growth. These are used in flavoring dishes like soups and desserts. Liquid form is achieved by fermenting dry leaves by a solvent processing, ensuring product safety and quality.

North America, led by the U.S. black tea extract market size, is likely to hold a comparatively high share in terms of market value owing to higher product consumption. U.S. imported over 120 kilo tons of tea in 2015.

Asia Pacific, driven by India and China black tea extract market size, may register gains owing to increase in health awareness along with rise in per-capita disposable income, thereby influencing regional growth. China and India accounted for over 85% of the total tea produced in 2015.

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Black tea is majorly produced in Kenya and accounted for over 25% of the total export in 2015. Kenya exports its product in UK, Egypt, and Pakistan. Favorable trend in packaging and marketing initiatives should drive regional growth. Most of the manufacturing companies are vertical integrated across the value chain, thereby enhancing the production process.

Global black tea extract market share is competitive. Key players operating in black tea extract industry include Kemin, AVT Natural, Synthite, Martin Bauer Group, and Finlays. Other prominent companies include Phyto Life Sciences, Autocrat LLC, Cymbio Pharma, Blueberry Agro Products, Amax and NutraSource.

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Off-Road Vehicles (ORVs) Market Analysis, Trends, Growth & Forecast, 2018 – 2024

Global Market Insights added Most up-to-date research on “Off-Road Vehicles Market: Global Industry Share, Trends and Forecast, 2018 – 2024″ to its huge collection of research reports.

This Research study on the Global Off-Road Vehicles (ORVs) Market offers detailed and insightful information on major regional markets and related sub-markets.

Rising recreational facilities and participants across the globe will boost off-road vehicles market over projected timeframe. Initiatives such as National Wildlife Refuge System is attracting youth towards activities including hunting and forest trails. Growing high performance vehicles demand for rugged terrains will enhance product penetration. Further, increasing credit availability in conjunction with growing distribution channel for off road vehicles in emerging regions will propel industry growth. Off-Road Vehicles Market to surpass USD 28 billion by 2024; according to a new research report by Global Market Insights, Inc.

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Improved fuel efficiency, low carbon emissions, advent electric powered alternatives, and lower maintenance costs of such vehicles will strengthen the product demand over the forecast period. Diversified applications including construction, agriculture, and sports activities owing to their superior technical advantages including advanced four-wheel drive systems, enhanced power and torque, and differential locking will fuel the off-road vehicles market share over the study timeframe.

Advancements in technologies including the emphasis on reducing the excessive sound from the engines of the off-road vehicles will propel the ORVs market share over the forecast timeframe. For instance, in 2015, Polaris Industries initiated work on hybrid off-road vehicle, Hybrid Utility Vehicle based on the Polaris MRZR 4 with enhanced noise damping capabilities and amplified power. Development of hybrid engines with improved efficiency and minimal emissions along with the introduction of light weight models will further stimulate the industry growth till 2024.

Increasing number of accidents and fatalities owing to user carelessness and lack of appropriate training will hamper the ORVs market growth over the forecast timeframe. For instance, as per the Consumer Federation of America, in 2017, ATV fatalities accounted for 104 persons in the U.S owing to not wearing helmets. However, regulatory bodies such as Society of Automotive Engineers (SAE), Federal Chamber of Automotive Industries (FCAI), British Colombia Laws, and The Specialty Vehicle Institute of America (SVIA) are addressing the safety concerns related to off-road vehicles by laying down regulations. These standards include the prohibition of such vehicles on roads and mandating safety equipment while driving of such rugged vehicles.

3.   Off-Road Vehicles Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1.  Component Suppliers

3.3.2.  Manufacturers

3.3.3.  Profit margin analysis

3.3.4.  Distribution channel analysis

3.3.5.  Vendor matrix

3.4. Technology landscape

3.5. Industry best practices & key buying criteria

3.6. Consumer demographics

3.7. Accidents and fatality statistics, 2017

3.8. Regulatory landscape

3.8.1.  North America

3.8.2.  Europe

3.8.3.  Asia Pacific

3.8.4.  Latin America

3.8.5.  MEA

3.9. Pricing analysis

3.9.1.  By region

3.9.1.1.    North America

3.9.1.2.    Europe

3.9.1.3.    Asia Pacific

3.9.1.4.    Latin America

3.9.1.5.    MEA

3.9.2.  Cost structure analysis

3.10.    Industry impact forces

3.10.1.   Growth drivers, by region

3.10.1.1.  North America

3.10.1.2.  Europe

3.10.1.3.  Asia Pacific

3.10.1.4.  LATAM

3.10.1.5.  MEA

3.10.2.   Industry pitfalls & challenges

3.11. Innovation & sustainability

3.12.      Growth potential analysis, 2017

3.13.      Competitive landscape, 2017

3.13.1. Top players overview, 2017

3.13.2.   Key stakeholders

3.13.3.   Strategy dashboard

3.14. Porter's analysis

3.15.    PESTEL analysis

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North America off-road vehicles (ORVs) market will exhibit around 5% CAGR from 2018 to 2024 owing to presence of major manufacturers such as Polaris Industries, Kawasaki and Bombardier Recreational Products (BRP). Growing consumer preference for leisure activities including mountain hiking, snow sports, adventure racing and motocross events will surge the regional demand.

Side by side vehicle segment will hold considerable volume share over the forecast timeframe owing to the added advantages such as higher safety and load bearing capacity as compared to its counterparts. These off-road vehicles are equipped with multiple seating configuration, seatbelts, windscreen, and roll cages that enhances the safety and improves the driving experience thereby positively influencing the off-road vehicles market growth in next six years.

Sports segment will account for more than 40% revenue share over the projected timeframe. This can be credited to proliferation of sport events such as woods and sand rides across the globe. Multiple configurations including enhanced power and torque outputs, diversified engine options coupled with lower maintenance costs are fueling the segment growth.

KTM, Yahama Motor Co., Suzuki Motors Corporation, Honda Motor. Co., Caterpillar, Bombardier Recreational Products, Kawasaki Motors Corp., Deere & Company (John Deere), and Polaris Industries Inc., are among the major ORVs market participants. Other players in the off-road vehicle market include Arctic Cat Inc., Wildcat, Kässbohrer Geländefahrzeug, Kubota Corporation, Massimo Motors and Tomcar Australia.

Industry leaders are actively working on introducing new products and expanding their portfolio to improve their market positioning. For instance, in 2018, Polaris Industries Inc. introduced advanced 2019 product line-up of their off-road vehicles including the RANGER, RZR, GENERAL and Sportsman series. The models with diversified configurations including exclusive half doors, water drains, enhanced suspension drive for smooth drive, electronic power steering, bronze tires, and varied power outputs ranging from 82 to 100 horsepower will cater to multiple price ranges, enhancing their market share over the forecast timeframe.

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Soy Milk Market Revenue, Opportunity, Segment and Key Trends 2017-2024

Global Soy Milk Market size is expected to rise at a significant CAGR during the forecast period. There are multiple factors driving the demand of the soy milk market. The increased consumer awareness and growing population of vegans has led to a high demand of the product. Vegans look for plant-based milk. Soy milk improves the lipid profile and reduces the cholesterol levels. It is purely obtained from plants. It is rich in protein, calcium and isoflavone content. It is cheaper than alternative non-dairy products and can be a complete substitute for dairy milk. It ensures healthy living by reduction of weight, skin sustenance and less allergic reactions. The factors which can hamper the growth of this industry are the peculiar taste of the soy milk which significantly differs from the cow milk, the emergence of other dairy alternatives and competition from beverage manufacturing industries.

It is believed that soy was first cultivated in China. Soy milk is manufactured by soaking the dried soybeans and grinding them in water. It is an emulsion of protein, oil and water. It is an excellent source of vitamin A, vitamin D, vitamin B and magnesium. It can be fortified with nutrients such as iron calcium, vitamins B3 and B12 to enhance the product quality. It has proteins which have anti-aging properties.

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It has more carbohydrates as compared to cow milk. It contains fatty acids such as omega-3 and omega-6. Soy milk can be of full-fat or low-fat. It is widely used in functional beverages, weight loss products, infant formula and bakery products. Among the non-dairy beverages, soy milk dominates the market by volume and is expected to grow at a significant CAGR. Revenue for the soy milk producers will increase in the forecast period.

The population growth, health conscious lifestyle and rising disposable income of people are also some of the major factors spurring growth of soy milk. Soy beans cultivators have a good opportunity in the market. Soy milk is highly beneficial for people who are lactose intolerant as it is lactose-free. The lactose intolerant population is mainly found in Africa, Asia, Europe and U.S. Due to some food allergies associated with dairy products, people are moving towards non-dairy soy milk. Attractive packaging has also contributed to the uplift of the soy milk market.

The soy milk market is segmented on the basis of form, applications, flavor and region. On the basis of form, the market can be divided into plain sweetened and plain unsweetened forms. Based on application, the market is segmented into food products such as desserts, cheese and snacks, and beverages such as cold-pressed milk. Based on flavor, the market can be divided into vanilla and chocolate.

Geographically, the market can be divided into North America, Latin America, Asia Pacific, Europe and Middle East and Africa. Among all the regions, Asia Pacific dominates the soy milk market. It is followed by Europe. Increasing demand of products for lactose intolerant population has fueled the growth of the market which is projected to expand in terms of revenue contribution. Among the Asian countries, Hong Kong has the highest consumption of soy drinks. Other countries having a significant consumption of soy milk are Australia, Spain and Canada. The soy milk market mainly covers China, Japan, U.S. and Europe.

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Soy milk was first launched by Vitasoy in U.S. in the year 1969. Some of the major market competitors in the soy milk industry are Eden Foods, Pureharvest, Vitasoy International Holdings Ltd., Organic Valley, Pacific Foods of Oregon, Inc., Alpro, WhiteWave Foods, Stremicks Heritage Foods, Palsgaard, Soy Fresh, Hershey Company, Staeta, Hain Celestial Group, Inc., Kikkoman Corporation, NOW Foods, So Delicious Dairy Free, etc.

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Vitamin Ingredients Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate

Vitamin Ingredients Market for Food & Personal Care Applications is set to surpass USD 7 billion by 2024; according to a new research report by Global Market Insights, Inc.

Increasing demand for natural cosmetic products majorly among the millennial population may stimulate vitamin ingredients market for food & personal care applications. These skin care products have the potential to reduce wrinkles, dark spots, aging-induced cell damage and inflammation which may further boost industry growth.

These products are micronutrients essential for optimal body health and defense from several illnesses including night blindness and rickets. Various nutraceutical capsules are based on two stage or dual release technology which comprise of multiple layers of fat-soluble and water-soluble products which improve vitamin bioavailability in the body. Several products such as B and C are water soluble which are not produced in adequate quantities by the body thereby leading to serious deficiencies, thus requiring dietary intake and stimulating the vitamin market growth.

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India vitamin ingredients market for food & personal care applications is predicted to witness gains at about 5% in the forecast timeframe. Increasing awareness for child malnutrition along with shifting focus on healthy lifestyles may drive market growth. The country witnesses high demand for multivitamin supplements owing to less consumer knowledge of specific vitamins. However, major manufacturers are trying to rectify this lack of awareness by conducting large scale advertising campaigns which may boost vitamin ingredients market for food & personal care applications.

High adoption of synthetic production techniques which require coal tar derivatives and petroleum based raw materials leads to pollution. Rising number of environmental regulations to curb pollution may hinder growth of vitamin ingredients market for food & personal care applications. Moreover, increasing efforts by regulatory bodies to prevent misleading claims on nutritional labels along with regulations to prevent toxicity may further stimulate vitamin ingredients market for food & personal care applications.

Germany vitamin B3 market size from nutraceutical applications shall surpass USD 1.7 million by the end of projected timeframe. These products play an important role in cholesterol management along with providing safety and efficacy. Rising involvement of consumers towards physical health & fitness along with requirement of appropriate diets thereby enhancing healthy metabolism is expected to positively enhance vitamin ingredients market for food & personal care applications.

China vitamin K market share from food applications may expect substantial gains at over 3% over the forecast period. Inefficient intake of these products is highly related to development of osteoporosis creating serious health issues and weak bones. Presence of large population, improving logistics sector along with rising food safety concerns may foster the regional growth of vitamin ingredients market for food & personal care applications.

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Nutraceuticals applications from vitamin K market demand may exceed consumption at 2.1 kilo tons by 2024. These clotting factors which may cause excessive bleeding Moreover, this nutrient has a major role in breaking down body fats, blood sugar regulation, and maintaining bone & heart health. Vitamin K are used to treat deficiency of blood supplements are available in various forms such as chewables, softgels, tablets and capsules which allows convenient consumption and stimulate the growth of vitamin ingredients market for food & personal care applications.

BASF, Pfizer, DSM, Nestle, Groupe Danone, and Lonza are some of the prominent manufacturers in vitamin ingredients market for food & personal care applications. Several manufacturers are focusing on strategic mergers & acquisitions to strengthen market position and achieve market expansion. Moreover, some companies have adopted innovative approaches thereby achieving product development, expansion of product portfolio and growth in vitamin ingredients market for food & personal care applications.

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Global De-Ionized Pineapple Concentrate Industry 2024 Market Report; Launched via gminsights.com

Global De-Ionized Pineapple Concentrate Market size will experience a significant growth in the forecast period owing to its multiple benefits in various products. It is extensively used in end-use industries such as pharmaceuticals and food & beverages.

The concentrate is formulated by the process of reverse osmosis, that removes water in desired proportion from pineapples. It is widely adopted amongst consumers due to its health benefits. Numerous benefits offered by the product include rich nutrient content, additive free nature and longer shelf life as compared to normal juice.

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It is also rich in manganese, vitamin C, and vitamin B6 that help in fighting flu, high blood pressure, cold, and bronchitis. Additionally, it is consumed in ayurvedic medicines owing to its medicinal advantages. U.S. healthcare industry grew by 5.5% in 2015 as compared to its previous year in terms of revenue. Rising regional healthcare industry will drive de-ionized pineapple concentrate market owing to its applications in curing vital diseases.

Processed food consumes artificial sweeteners such as fruit juice concentrates of pear, apple, pineapple, and wine grape, as they are easy to use in food manufacturing process. Health conscious consumers often prefer these sweetened products rather than corn syrup and sugar products. Further, there is an image amongst consumers that fruit juice related products are healthier. These factors have propelled the demand for natural, supplements, and organic food products, which in turn will flourish de-ionized pineapple concentrate market in near future.

Macroeconomic factors such as changing consumer lifestyle, increasing urbanization and growing purchase power parity has given rise to consumption of packaged food. To cater this market of packaged food, manufacturers are increasing the usage of de-ionized pineapple concentrate in various packaging products for taste as well as substitute of sugar. Global packaged food market is anticipated to grow at a fast pace, which is expected to complement de-ionized pineapple concentrate market in the forecast timeframe.

To convert the fruit juice concentrate into a sweetener, it must go through an expensive and lengthy process known as stripping. In this method everything such as flavor, color, minerals, and vitamins are stripped out of the juice. This makes it a bit costlier than its counterparts and can hinder global de-ionized pineapple concentrate.

The product is available in liquid and powder form. Various applications of the product include sweetener and medicines. End-user industries that serve these applications are food & beverages, Ayurveda and pharmaceuticals.

North America is likely to witness significant gains in global de-ionized pineapple concentrate market in forecast period owing to its ever-increasing food industry. U.S. food industry is projected to grow at a decent rate. The concentrate is used in the food products as an artificial sweetener. Asia Pacific follows the consumption pattern of North America in the market as it has booming ayurvedic industry in India. Health conscious consumers are switching towards ayurvedic medicines from pharmaceutical drugs as the former has organic and natural characteristics.

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Europe had registered substantial growth in de-ionized pineapple concentrate market because of its widening pharmaceutical industry. The region is a base for large number of pharmaceutical industries such as Alexion, AstraZeneca, Baxter, Bayer Ag, Purna Pharmaceuticals, and Uni-Pharma. These drug manufacturers utilize pineapple concentrate for its health benefits. Latin America and Middle East & Africa are at nascent stage in the market which is projected to witness robust growth in the coming years. The growth will be from the flourishing food & beverage industry owing to boost in tourism sector.

Prominent manufacturers in the market include Xiamen Dachuan Technology Ltd, Prime Products Industry Co., Ltd, Tianjin Kunyu International Co., Ltd, Novagreen industries corporation, Herb Barber & Sons Food Broker Inc, Can and con corporation, Thai pineapple canning industry crop Ltd, Mongkolkit industry co.ltd, Kunyu Industrial Co. Ltd, and Fruit Juice Concentrates Co.

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Palm Kernel Oil Market with Segmentation, Statistical Forecast and Competitive Analysis Report to 2024

Global Palm Kernel Oil Market size is anticipated to witness decent growth in the forecast period. It is majorly consumed in end-use industries such as food & beverages, personal care, and cosmetics.

Palm kernel oil is derived from the kernel of Elaeis guineensis. Crude palm oil is obtained from the mesocarp of the palm crop and then palm kernel oil from the kernel. It is a semi-solid saturated vegetable fat at room temperature and is widely consumed in commercial cooking as it is more affordable than other oils. It is stable at elevated cooking temperature and has longer shelf life than many other vegetable oils.

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The product is majorly used in preparing chocolate, ice-cream, butter, ghee and other dairy products. Global food & beverage industry is likely to register significant growth in next five years owing to changing food habits and increasing number of households. This would increase consumption of the oil in cooking and will boost palm kernel oil market during the forecast period.

Palm kernel oil is highly saturated in nature than palm oil and is therefore used in the manufacturing of milk lotion, cream, soap and other cosmetics products. Increasing awareness regarding harmful nature of chemicals used in cosmetics and their side effects is promoting usage of palm kernel oil in these products. Further, consumer’s inclination towards naturally derived personal care and cosmetics products is strengthening consumption of this oil in the cosmetics production. Rising number of showrooms and retail stores, coupled with upsurge in salons, spas, beauty product stores, and departmental stores is likely to uplift demand of personal care and cosmetics products. Growth of cosmetic industry owing to improved living standard of people is anticipated to expand the palm kernel oil market in near future.

Palm kernel oil is also extensively consumed in lubricant and biodiesel applications. One such application includes formulation of biodiesel by using sodium hydroxide pellets and methanol along with palm kernel oil in trans-esterification reaction. When 0.7g sodium hydroxide and 37g methanol is trans-esterified with 187g palm kernel oil, it results in conversion of 90.53% palm kernel oil feedstock and 15.2g glycerol. Biodiesel helps in reducing greenhouse gas emission by 58 to 85%. Escalating biodiesel usage in vehicles due to its affordability and environment friendly nature as compared to other fuels is likely to propel palm kernel oil market between 2017 and 2024.

Based upon applications, palm kernel oil market is segmented as cooking oil, preparation of dairy products, soap, milk lotion, and biodiesel. Various end-user industries dealing with these applications are cosmetics, food & beverages, personal care, and oil & energy.

U.S. food industry is forecasted to grow at a decent CAGR till 2024 owing to increased consumption of packaged food and beverage products. This makes North America a significant contributor in palm kernel oil market as it is used as a cooking oil in food preparation. Asia Pacific is likely to register healthy growth during the forecast period due to its developing cosmetics and personal care industry. Emerging economies like India have witnessed increased purchasing power of people along with improved living standard and this has contributed to a healthy cosmetic industry in the region.

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Europe is recognized globally in vehicle production and hubs major giants such as Volkswagen, BMW, and Mercedes-Benz. Along with automobile manufacturing, it is indulged in research of alternate fuels for the vehicles and has evolved with biodiesel technology. Escalating consumption of biodiesel in Germany, Spain and other countries has led to an upsurge in palm kernel oil market in Europe.

Prominent manufacturers in the market include Alami Group, Musim Mas Group, Kulim Bhd, London Sumatra, IOI Corp, PT Astra Agro Lestari Tbk, Godrej Agrovet Limited, Golden Agri Resources Limited, Sime Darby, Wilmar International Limited, United Palm Oil Industry Public Company Limited and Cargill Inc.

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Frozen And Freeze-Dried Pet Food Market Revenue, Opportunity, Segment and Key Trends 2017-2024

Frozen And Freeze-Dried Pet Food Market size is estimated to grow at a significant pace in the forecast timeframe. As the trend of humanization of pets is gaining importance, the product market is likely to flourish in the coming years. The niche market segment is expected to expand at a considerable rate.

The product has longer shelf life without the loss of essential nutrients. Advertisements and increasing endorsements has fueled the growth of the market. Pet health awareness has significantly increased over the past few years.

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Increasing per capita income of the people will propel the product market. People have become conscious about the composition of their pet’s food. To provide healthy and nutritious food to the pets, the pet food industry will experience a noticeable change. The health concerns related to animals have also geared up the market for freeze-dried and frozen pet food. Pet food manufacturers have come up with innovative ideas to captivate the product market. The increasing nuclear families have also driven the demand of the product. The freeze-dried pet food is relatively costlier than its counterparts which can impede the growth of the market.

In freeze drying process, the meat is frozen and cut into pieces. Then it is tempered to allow it to be shaped or diced to the desired form and put into the blast freezer for deep freezing. It is then rolled into freeze drying chambers for about 12 hours. The trays are then rolled out and packed. This process has proved to be lucrative for many pet food manufacturers and the high sales have been recorded which will impel the manufacturers to adopt the technology. Freeze drying included single meats for processing, but the trend of blend of meats has emerged in the past few years. The blend of meats is processed into freeze-dried cubes that are added to dry kibble.

Freeze-dried and frozen pet food has also been popularized by the online stores which will propel the market to grow over the anticipated timespan. The trend of freeze-dried pet food is steadily increasing within the natural pet food. Although, the market for freeze-dried food is relatively less diverse, it is likely to grow at a decent pace.

The product market can be segmented on the basis of animal content, pet type, distribution channel and region. Based on animal content, the market can be segmented into chicken, duck, fish, cattle, pig and others such as turkey. Based on pet type, the product market can be bifurcated into dog and cat. Dog food dominates the product market and is expected to grow at a significant rate. Based on distribution channel, the product market can be divided into supermarkets, specialized pet shops, online stores and retail stores. To meet the increasing demand of the product, supermarkets and online stores have been popularized, Specialized pet shops have gained preference by high profile customers due to the availability of several brands.

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Based on region, the market can be segmented into North America, Europe, Latin America, Asia Pacific and Middle East & Africa. U.S. held the major chunk of the product market owing to the increased ownership of pets. Europe is the next in queue and has captured the product market due to increased adoption of pets.

Some of the major companies involved in manufacturing of freeze-dried and frozen pet food are Primal Pet Foods, Steve’s Real Food, Stella & Chewy's, LLC, Bravo, LLC, Vital Essentials, Champion Petfoods, Fresh Is Best, Stewart Brand Dog Food, Carnivora, K9 Natural, Canature Processing Ltd., Wisconsin Freeze Dried, etc.

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Gourmet Seaweed Seasoning Market Revenue, Opportunity, Segment and Key Trends 2017-2024

Global Gourmet Seaweed Seasoning Market size is anticipated to register healthy growth between 2017 and 2024. Growth of the market is attributed to product’s multiple benefits as an antioxidant and nutritional herb.

Seasoning of gourmet cuisine is carried out to enrich it with fragrance and flavor. This cuisine has become a status symbol and seasoning gives a mouthwatering appearance to the food. Seaweed seasoning possesses antioxidant property that protects food from microbial and chemical reactions and acts as a food preservative. Further, increasing demand for western cuisines including French and Italian along with changing consumer food habits will lead to increased consumption of seaweed seasoning. Global organic food & beverage industry is projected to grow at a healthy rate. Positive impact of this industry is likely to boost gourmet seaweed seasoning market in the forecast timeframe.

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Seaweed seasoning provides beneficial nutritional value. Additionally, rising consumer awareness pertaining to medicinal benefits of different spices such as turmeric, cinnamon, and cloves has resulted in increased consumption of seaweed seasoning. Seaweed seasonings are used to cure diseases such as cough, fever and fungal infections and work faster as compared to other antibiotics. Increasing rate of viral infections, cold and fever owing to fluctuating climatic conditions, changing lifestyles and unhygienic food habits has propelled gourmet seaweed seasoning market for its medicinal properties.

The compound is also used in preparation of sea salt as its blend is delicious, high in nutrition and iodine content. Different types of wildcrafted sea and organic vegetables are added in gourmet seaweed seasoning for unique and savory flavor. Further, this gourmet seaweed seasoning adds flavor along with nutritional benefits to any dish. These multiple benefits of the product and increasing usage of sea salt in food products offer a promising growth to gourmet seaweed seasoning market during the forecast period.

However, certain factors such as indefinite climatic conditions of various countries producing spices and their unorganized logistics can hamper gourmet seaweed seasoning market in near future. Another factor that may impact the consumption is stringent government regulations that govern import & export of spices. But, market is witnessing a boosting demand of organic seaweed seasoning that gives potential growth opportunity in next seven years.

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Various product types in which gourmet seaweed seasoning is available are spices, herb, pepper, and salt. This salt is preferred more than normal salt as it possesses balanced iodine content. The market is segmented based on type of pigmentation used in the product such as green (chlorophyceae), red (rhodophyceae) and brown (phaeophyceae). The products are distributed in the market through different distribution channels that include small retailers, online shops, hypermarket, supermarket and others.

Asia Pacific had registered a significant growth in global gourmet seaweed seasoning market in the last five years. In India spices are grown traditionally and are used to cure various diseases. These spices are a form of gourmet seaweed seasoning and are also used in Ayurveda and many food products. Western Europe is contributing substantially in the market as French and Italian cuisines use this seasoning on a wide scale. Pepper and salt are used in these cuisines to add flavor and fragrance to food dishes. North America is a hub for many pharmaceutical companies such as Pfizer, Novartis, Johnson & Johnson, Roche, Actavis, and Sanofi. These companies use the compound in their drugs formulation for its medicinal properties. Thus, the region is anticipated to provide a booming platform to gourmet seaweed seasoning market till 2024. Middle East & Africa is at a nascent stage in the global market but will depict a positive scenario in near future.

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Key industry players in the market include Isokoma Nori Co., Ltd, Atlantic Seaweeds Ltd, Bragg Live Foods, Inc, Mishima Foods U.S.A., Inc, Nori Komi Furikake, FlaVit Foods, Mara seaweed, Celtin Sea Salt, Azure Standard and LuckyVitamin Corporation.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.

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Low-Calorie Food Market Revenue, Opportunity, Segment and Key Trends 2017-2024

Low Calorie Food Market size is projected to witness extensive growth owning to changing lifestyle and rising health awareness. Increasing diabetes, stress, obesity issues and cardiovascular diseases have triggered demand for less fat content products which is expected to propel low calorie food market size. Consumers are aware of health risks associated with consumption of sugary diets and drinks that have high-fat content. Thereby, escalating demand for products which are promoting physical health with added nutritional benefits.

Growing retail sector coupled with rising disposable income of customers is projected to have positive impact on low calorie food market. Additionally, emergence of various industries including, functional diets, dietary supplements and cereal bars over past decades have increased the demand for product among city dwellers. This is due to busy lifestyle and absence of physical activity.

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Escalating demand for sugar substitutes coupled with increasing aging population worldwide is likely to increase product penetration. The product includes vitamins, trace elements, iron, fiber, magnesium, minerals, protein and fatty acids. Carbohydrates may be absent from the diet or substituted by proteins which include oats, black rice, broccoli, watermelon, apple, carrot, lemon, orange, pine, apple, legumes, cauliflower and green smoothies.

The major restraints for low calorie food market are weak production line & distribution chains and higher price of product relative to other convenience eatables. Therefore, major players are restricted to develop economies of scale as the costlier diets cannot be afforded by many consumers worldwide. Further, ready to eat processed diet products and artificial sweeteners are known to cause potential health hazards which are anticipated to restrain low calorie food market.

The product is available in five types named, stevia, saccharin, aspartame, sucralose and cyclamate. Sucralose is projected to outperform all other segments in terms of growth rate owning to its wide application in broad range of low calorie food which include table top sweeteners, chewing gum, salad dressings, fizzy drinks, breakfast cereals and baking mixes. This is because most of the sucralose is rejected by our body and the rest is drained through urine. Additionally, after exhaustive research and studies, the European Union’s Scientific Committee on Food (SCF) has stated sucralose to be entirely safe for health.

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The product is further classified based on substitutes which include sugar, nutrient and sugar alcohol. Sugar substitute will witness significant growth owning to the rise in confectionery and beverage industry. It is used in baked, healthcare & dairy products, snacks and dietary beverages. Dairy product is the fastest growing segment due to health benefits it offers.

Asia Pacific region is projected to witness significant growth for low calorie food market owning to growing preference for less fat content dairy beverages. Other factors which will drive product demand in the region include growing population and emerging economies like India and China which are home to many diabetic people who need the product.

North America, led by the U.S. holds the largest share for low calorie food market. Up surging popularity of less fat content products due to rising health awareness, diabetic and obese patients is anticipated to fuel product growth in the region.

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Europe is expected as the fastest growing region for low calorie food market as it accounts for the maximum number of obese people globally. Besides this, changing attitude and lifestyle of people towards better health is likely to impel low calorie food market in the region.

Low calorie food market is consolidated with many companies manufacturing at national and international level. Some of the major players for low calorie food market include Pepper Snapple, McNeil Nutritional, Zydus Wellness, Archer Daniels Midland Danone, Nestle, Coca-Cola Com, Ajinomoto, PepsiCo, Beneo, Abbott Laboratories, Dansico, Bernard and Cargill.

Companies have adopted several strategies to capture the evolving industry which include merger, acquisitions, expansion and investments. In November 2016, Pepper Snapple acquired Bai Brands, manufacturing antioxidant infused beverages. This acquisition will help the company to diverse its product offerings and increase geographical coverage.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Spray Dried Food Market with Segmentation, Statistical Forecast and Competitive Analysis Report to 2024

Corn Flour Market size is expected to witness growth owing to increasing demand for healthy and nutritious food products. Demand for corn-based nutritious snacks includes, tortilla chips, nachos and taco shells in turn will boost the product market. Convenience food in another key indicator fuelling the market growth. Upsurge in demand for gluten free products in health-conscious customers has raised the demand for corn flour built bakery items.

Rising demand of pasta and soups have increased the consumption of maize flour meanwhile, accelerating the corn flour market. It is also used in numerous ready to eat and ready to cook products, which will propel the market size. This change is now heading the escalating demand for single-chunk and healthy snack products. Corn flour market is anticipated to witness a high rise over the forecasted years owing to countless health gains of maize.

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Shifting customer preferences on healthy snacks and food products will reinforce the market. Several health benefits linked with maize will augment the corn flour market. Consumption of maize improves bone strength, kidney functioning, normal heart rate, maintain good bone health and regulate normal growth attributed to presence of minerals including magnesium, iron, manganese, copper, phosphorus and zinc. It also helps in controlling blood sugar level in both type of diabetes. All of the above factors will boost the product demand among health conscious customers which in turn will drive the industry growth.

Corn flour used as common staple food and is derived from grinding of dried maize. It arrives in white and yellow colour and is used in preparing several bakery products including breads, rolls mixing it with other flours. It is also used in preparing maize starch and healthy pet foods. Also, it is used as alternative for wheat and rice or as a gluten free product by mixing it with wheat.

On the basis of distribution channels, corn flour market is divided into hypermarkets / supermarkets, retail shops and online market. Among these, hypermarkets / supermarkets holds major market share. However, online retailing is expected to rise at high CAGR over the forecasted period.

Based on its application, corn flour market is segmented into breakfast cereals, snack food industries, confectionery and biscuits industry, breweries and bakery industry. Amongst, bakery industry holds a major market share, however, upsurge in demand for snacks in consumers will drive the product market.

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North America, dominated the corn flour market and is likely to witness the same in the forecasted years. Use of product item in manufacturing tortilla chips and other bakery & snack products is one of the major key driver for increasing demand in the region. Also, it contains high level of corn starch which helps substantially in preparing extruded snack products and processed food where maize flavour is preferred. Another major factor for growth of product market in the region is increasing Hispanic groups and rising demand for product based food items across the U.S. Moreover, increasing population and escalating numbers of restaurants will fuel the market growth in the region.

Europe region is the leading corn flour market and will observe healthy growth over the forecasted years. Germany and UK holds a major portion in the product market for growing consumption of pasta, soups and other confectionery products. Development of bakery industry in some of the countries including France, Italy and Netherlands among other nations will have propel the industry growth over the forecasted period in the region.

Asia-pacific, corn flour market is developing strong and will be the fastest growing market anticipating a high CAGR. Increasing population, rising spending capacity on staple food, high demand for fast food and escalating disposable income in consumers are major factors for future growth in the region. Easy availability of raw materials in some the regional countries including India and China will further reinforce the market over the forecasted years coupled with high consumption of staple food and gluten free food products will be driving the market significantly.

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Global corn flour market is highly diversified and competitive in nature owing to presence of large number of local and international manufacturers, globally. Also, numerous producers of corn flour have made a huge production facilities available in several countries. Some of the leading market players identified are Bunge, BASF, Cargill, Gruma, Clariant, Solvay, Grain Millers, Evonik and Glen Miller. Some other key vendors present in the market are W.R. Grace, Buffaloe Milling, Minsa Corp, C.H Guenther and sons, Grupo Bimbo, Shaff Farms, SEMO Milling and Ingredion Lifeline Foods.

Product market is witnessing a strong competition, globally. Many market players are acquiring or merging with small and large manufacturers to sustain in this competitive market.

In 2017, Bunge, a North American company acquired Grupo Minsa a leading company in corn flour market. This acquisition will broaden their product portfolio and other premixes for tortillas.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

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