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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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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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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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.

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