Sunday 31 January 2016

Soy & Dairy Protein Ingredients Market Forecast Report, Industry Trends To 2020



The global protein ingredient market revenues are expected to reach USD 28.90 billion by 2020, growing at a CAGR of 6.5% from 2014 to 2020. Increasing market acceptance, especially in functional foods and dietary supplements is expected to drive protein ingredient demand over the next six years. Additionally, consumer attitude towards these products has undergone a transition over the last five years; this trend is expected to remain strong in the near future as consumers look for healthier and sustainable options.


Further Key findings from the study suggest:
  • The global demand for protein ingredients was 3,186.7 kilo tons in 2013 and is expected to increase to 4,583.1 kilo tons by 2020, growing at a CAGR of 5.4% from 2014 to 2020.
  • Plant proteins accounted for over 56% of global volumes in 2013, and are expected to continue dominating the market over the next six years, growing at an estimated CAGR of 6.3% from 2014 to 2020.
  • Plant protein ingredients were dominated by soy based products, accounting for over 70% of global volumes in 2013. Global demand for soy protein concentrates is expected to reach 967.6 kilo tons in 2020, growing at an estimated CAGR of 6.3% from 2014 to 2020.
  • Europe was the largest market for protein ingredients in 2013, accounting for 45% of the global consumption. Asia Pacific is expected to be the fastest growing regional market, with revenues is expected to reach USD 5.53 billion in 2020.
  • The global market is highly concentrated with top four participants catering to over 70% of global demand. The market is dominated by integrated participants such as DuPont Solae, Bunge, ADM and Cargill.

Salicylic Acids Market To 2020 – Industry Share, Regional Outlook, Application Analysis: Grand View Research, Inc.



The global market for salicylic acid is expected to reach USD 426.8 million by 2020, according to a new study by Grand View Research, Inc. Increasing use of salicylic acid in cosmetics coupled with the growing haircare and skincare market is expected to be a major driver over the next six years. In addition, growing acceptance of salicylic acid as a flavor and preservative is further expected to boost the growth of this market over the forecast period. Salicylic acid is a key ingredient in the manufacturing of acetyl salicylic acid or aspirin and the aspirin demand could witness substantial growth over the next five years especially in countries of Asia Pacific.
Pharmaceutical and food and preservative were the largest application segments for salicylic acid in 2013, together accounting for over 70% of global consumption. Food and preservative was a key segment for the market and is expected to grow at a CAGR of 6.8% from 2014 to 2020. The other key applications of salicylic acid include cosmetics products and other derivatives such as methyl salicylate, choline salicylate and magnesium salicylate which are all used in industrial applications.


Further key findings from the study suggest:
  • Europe was the largest consumer of salicylic acid owing to the predominant pharmaceutical and cosmetics industry in this region, with an estimated salicylic acid demand of over 42 kilo tons by 2020.
  • The other large regional markets for the salicylic acid include North America and Asia Pacific with the latter expected to be the fastest growing regional consumer, at an estimated CAGR of over 7.6% from 2014 to 2020. China was the largest producer of salicylic acid in 2013 owing to the large downstream application manufacturers in the region.
  • The salicylic acid market was fairly concentrated with the top five companies accounting for over 75% of the production in 2013. Novocyl was the largest manufacture of salicylic acid and had a reported capacity of 32 kilo tons in 2013. The other key players in the market include Hebei Jingye Group, Zhenjiang Gaopeng Pharmaceutical Co. Ltd and Shandong Xinhua Longxin Chemical Co., Ltd.


For the purpose of this study, Grand View Research has segmented the global Salicylic Acid market on the basis of application, product and region:
Salicylic Acid Applications Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • Pharmaceuticals
            • Food and Preservative
            • Cosmetics
            • Others (derivatives, industrial)
Salicylic Acid Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • (RoW)

Thursday 28 January 2016

Probiotics Market Analysis, Size, Application Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2014 To 2020



Global Probiotics Market is expected to reach USD 52.34 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer awareness regarding gut health has pushed the demand for supplements and dietary products, which is expected to reflect in probiotic consumption over the forecast period. However, the probiotics market is still at a relatively novice stage, with lack of clarity on usage patterns among consumers, this is expected to play a critical role in market development over the next six years. Labeling regulations, especially in the U.S. and European Union, are also expected to have significant impact on market growth.
Food & beverages dominated the application market and accounted for over 80% of the total probiotics market, driven by growth of fermented meat, dairy, bakery, breakfast cereals, fats & oils, beverages, fish & eggs, meat, and soy products. Dietary supplements are expected to be the fastest growing application segment, at an estimated CAGR of 7.7% from 2012 to 2020.


Global probiotics market revenue growth by application, 2012-2014 (USD Million)
probiotics-market 

Further key findings from the study suggest:
  • Probiotics for human consumption accounted for over 90% of the total market in 2013. Of late, probiotics have made significant strides in the animal feed industry and are expected to grow at an estimated CAGR of 7.6% from 2012 to 2020.
  • Asia Pacific emerged as most dominant regional market, owing to the fact that the concept started in Japan, accounting for over 50% of the total market share in Asia Pacific. Asia Pacific is also expected to be the fastest growing market, at an estimated CAGR of 7.7% from 2012 to 2020.
  • Probiotics market is highly fragmented, with top five participants catering to just over 35% of the total demand. Danone accounted for over 10% of the overall market share for probiotics, followed by Yakult, Nestle, Chr Hansen, and Danisco. Other notable participants include Arla Foods, BioGaia Biologics AB, General Mills Inc., Probi AB, Mnm View, Mother Dairy Food Processing, Lifeway Foods Inc., Institute Rosell, E. I. DuPont, Royal Dsm N.V, ConAgra and Nebraska Cultures Inc.

Monday 25 January 2016

Mixed Tocopherols Market Analysis, Growth, Trends To 2022: Grand View Research, Inc.



The global mixed tocopherols market is expected to reach USD 5.04 billion by 2022, according to a new report by Grand View Research, Inc. Rising vitamin E demand across various end-use industries such as food & beverage fortification and dietary supplements is expected to fuel market growth over the next seven years.
Rising health concerns coupled with increasing disposable income may be attributed to growing vitamin E demand. Vitamin E have the ability to dissolve indigestive fat which prevents blood vessels and heart diseases such as hardening of the arteries, heart attack, chest pain, joint pain and high blood pressure. Rising prevalence of these diseases has spurred mixed tocopherols demand globally. Rising vitamin E consumption in pharmaceutical industry for treating Alzheimer’s disease, diabetes, dementias, night cramps, Parkinson’s disease, epilepsy, restless leg syndrome, Huntington’s chorea, is estimated to fuel industry growth over the forecast period.
Alpha-rich tocopherols were the leading product segment with demand share exceeding 37% of in 2014. This segment is expected to gain share over the forecast period owing to high demand in dietary supplements. Gamma-rich tocopherols are expected to be the fastest growing product segment over the next seven years growing at an estimated CAGR of 4.1%. The rapid growth of this product segment may be attributed to high nutritional value of the product that can be utilized in food & beverage industry.


U.S. mixed tocopherols market revenue by product, 2012-2022, (USD Million)
U.S. mixed tocopherols market 

Further key findings from the report suggest:
  • Global mixed tocopherols market demand was 83.2 kilo tons in 2014 and is expected to reach 109.7 kilo tons by 2022, growing at a CAGR of over 3.6% from 2015 to 2022
  • Vitamin E has antioxidant properties which is increasingly gaining importance in dietary supplements and nutricosmetics industry. Regulatory approval for use of these micronutrients in food and as additives is anticipated to positively impact industry growth. Halal and Kosher approvals for food grades are expected to strengthen market penetration in Europe.
  • Animal feed nutrition emerged as the largest application segment with a total demand of over 33.9 kilo tons in 2014. This segment is expected to witness high growth rate over the next six years to account for over 40% to volume share by 2022. Growing importance of animal feed nutrition particularly in economies including China, India, Brazil, and Australia may be attributed for high growth over the forecast period.
  • Growing consumer awareness towards organic personal care products along with high rate of commercialization of nutricosmetics is expected to steer demand in cosmetic applications over the forecast period.
  • Asia Pacific was the largest consumer and accounted for over 34% of global volume in 2014. Rising disposable income in emerging economies such as India and China is anticipated to drive the market in the region. High production capacities in Asia Pacific give flexibility to the manufacturers to scale up the production depending upon demand trends.
  • North America is expected to witness moderate growth on account of increasing health concerns in the region. Stringent government regulations and Anti dumping laws in North America are anticipated to rise demand for naturally derived products over the foreseeable future.
  • DSM, BASF, Cargill Inc., COFCO Tech Bioengineering, ADM, and Fenchem Biotek dominated the global mixed tocopherols market share and together accounted for over 50% of total revenue in 2014. Companies have been constantly involved in developing 100% natural products.

Friday 22 January 2016

Essential Oil Market Growth, Industry Trends To 2022 by Grand View Research, Inc.



The global essential oil market is expected to reach USD 11.67 billion by 2022, according to a new report by Grand View Research, Inc. Growing consumer awareness regarding heath benefits associated with natural and organic personal care products is expected to remain a key driving factor for global essential oil market over the forecast period. Growth of organic product industry has prompted major manufacturers to shift their focus from synthetic to natural additives. Growing use of essential oil in the preparation of natural flavors and fragrances on account of their increasing demand across key end-use industries is also expected to fuel the market growth.
These fragrances provide stimulation in aromatherapy, massages, and other relaxation techniques. In addition, numerous health benefits associated with essential oils are anticipated to drive the product demand in medical and pharmaceutical applications. The product also has no detrimental side effects unlike most conventional drugs and medicines which has helped in penetrating the market further. Limited availability of key raw material and lack of awareness regarding benefits of essential oil particularly in under developed regions is expected to remain a key challenge for market participants.


U.S. essential oil market revenue by product, 2012-2022, (USD Million)U.S. essential oil market

Further key findings from the report suggest:
  • Global essential oil market demand was 165.0 kilo tons in 2014 and is expected to grow at a CAGR of 8.6% from 2015 to 2022.
  • Orange oil was the leading product segment and accounted for 29.1% of total market volume in 2014. Environmental friendly characteristics associated with orange oil makes it suitable for use in perfumes, household cleaners. Orange oil is also used as a biological pest control agent. Orange oil is also expected to witness the highest growth of 9.7% from 2015 to 2022.
  • Food & beverages emerged as the most dominant application segment with demand share estimated over 30% in 2014. Growth of food & beverages industry particularly in Asia Pacific is expected to drive this segment over the forecast period. Spa & relaxation is also expected to witness significant gain in its market size on account of growth spa industry in South East Asia and South Asian countries.
  • Europe was the leading regional market demand share exceeding 40% in 2014. Aware consumers regarding health benefits offered by organic products can be attributed to region’s leading position in the global market. Asia Pacific is expected to witness the highest growth of 9.2% from 2015 to 2022.
  • Some major companies operating in the global essential oil market includes Biolandes, Sydney Essential Oils, HRF, The Leburmuth Company, Young Living Essential Oils, DoTerra, Essential Oils of New Zealand, Sydella Laboratoire, Farotti Essenze, Moksha Lifestyle Products, West India Spices Inc., Falcon and Ungerger Limited among others.