Monday 25 July 2016

Meat Substitutes Market Was Valued At USD 3,192.8 Million In 2013 And Is Expected To Reach USD 5810.1 Million By 2022: Grand View Research, Inc.



The Global Meat Substitute Market is expected to reach USD 5810.1 million by 2022, according to a new study by Grand View Research, Inc. Rising health awareness coupled with shifting dietary preferences towards vegan diet is expected to drive the  global meat substitutes market. Recent animal disease outbreaks and growing prevalence of various lifestyle induced diseases such as obesity and diabetes are also expected to have a positive impact on the market growth. High price of various meat substitutes is expected to hinder the market growth. Increasing R&D initiatives to develop superior and cheaper products is expected to yield opportunities for market participants.
Soy emerged as the major raw material used for producing meat substitute products. Soy alone accounted for over 80% of total market revenue in 2014. Growing demand for nutritional food on account of growing health concerns is expected to drive this segment over the forecast period. Soy based meat substitutes is a good source of vitamin B, protein and Iron. Wheat is expected to be the fastest growing raw material use for producing meat substitutes. The segment is expected to grow at an estimated CAGR of 10.0% from 2015 to 2022.


Further key findings from the study suggest:
·         Global meat substitute market was valued at USD 3,336.5 million in 2014 and is expected to reach USD 5,810.1 million by 2022, growing at a CAGR of 7.5% from 2015 to 2022.
·         Textured vegetable protein (TVP) emerged as the leading product segment and accounted for 43.7% of total market revenue in 2014. Increasing demand for soy based meat substitutes is expected to drive this segment over the forecast period. Seitan is expected to witness the highest growth of 9.8% from 2015 to 2022. Growing wheat gluten consumption in Asia Pacific is expected to drive this segment over the forecast period.
·         Europe emerged as the leading regional market and accounted for 42.0% of total market revenue in 2014. Growing health concerns particularly in developed economies of Europe is expected to drive the regional market over the forecast period. Asia Pacific is expected to witness the highest growth of 8.6% from 2015 to 2022. Increasing disposable income level particularly in India, China and Indonesia is expected to drive the regional market.  
·         Major industry participants have been taking strong initiatives to develop superior quality meat substitute products. Companies have been engaged in mergers & acquisitions and forging partnerships with those possessing R&D capabilities and having strong presence in the agro sector. Prominent industry participants include AMY’s Kitchen, Beyond Meat, Blue Chip Group, Cauldron Foods UK, garden Protein International Inc., Meatless B.V., Quorn Foods and Vbites Food Ltd. 

Read detailed report or request for sample of this research report: - http://www.grandviewresearch.com/industry-analysis/meat-substitutes-market/request

For the purpose of this study, Grand View Research has segmented the meat substitute market on the basis of raw material, product and region:
Global Meat Substitutes Raw Material Outlook (Revenue, USD Million, 2014 - 2022)
·         Soy-based
·         Wheat-based
·         Mycoprotein
·         Others
Global Meat Substitutes Product Outlook (Revenue, USD Million, 2014 - 2022)
·         Tofu
·         Tofu-based
·         Tempeh
·         Textured Vegetable Protein (TVP)
·         Other Soy Products
·         Seitan
·         Quorn
·         Others
Global Meat Substitutes Regional Outlook (Revenue, USD Million, 2014 - 2022)
·         North America
o    U.S.
·         Europe
o    Germany
o    UK
o    France
·         Asia Pacific
o    China
o    India
o    Japan
·         Central & South America
·         Middle East and Africa

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/ready-to-eat-processed-and-frozen-foods

Friday 22 July 2016

Mannitol Market Demand Was 16.6 Kilo Tons In 2015 And Is Expected To Reach 35.9 Kilo Tons By 2024: Grand View Research, Inc.



The global mannitol market is expected to reach USD 418.3 million by 2024, according to a new report by Grand View Research, Inc. Increasing demand for confectionery and bakery products such as candies, chewing gums and lozenges is expected to drive the market growth.
Mannitol is used for coating these products and also has less calorie content compared to sugar. It is widely used in sugar-free products on account of its non-hygroscopic nature and is also consumed primarily by patients suffering from diabetes.
Rising geriatric population base who do not have ready access to water at times, use mannitol-derived chewing gums. Such a trend is expected to aid the overall market over the forecast period. Owing to properties such as cooling sensation in the mouth, good aqueous solubility and lesser sensitivity towards humidity, mannitol is widely used in food grade application.
However, excessive consumption of mannitol may cause laxative effect among human beings. Such a trend is anticipated to negatively impact the global demand along with its prices over the future years.
Various regulations have been issued by European and the U.S. governments such as E421, which have been favorable to the industry growth over the next eight years. Moreover, there have been lots of technological advances in recent past to produce cheaper raw materials such as inulin which is a polymer of fructose and derived from plant tubers. These are expected to create new avenues for industry participants.


Further key findings from the report suggest:
·         The global mannitol market demand was 16.6 kilo tons in 2015 and is expected to reach 35.9 kilo tons by 2024, growing at a CAGR of 9.0% from 2016 to 2024
·         Food additive emerged as the leading application segment and accounted for 36.9% of total market volume in 2015. Increasing demand for low calories sugar on account of growing health awareness is expected to drive this segment over the forecast period.
·         Pharmaceutical is presumed to be the fastest growing application segment at an estimated CAGR of 9.6% from 2016 to 2024. Mannitol is used as excipients in pharmaceutical tablet formulation and also helps in treating diseases related to kidney & brain.
·         Asia Pacific emerged as the most dominant regional market in 2015 and held over 60% of global demand for the same year. Changing lifestyle coupled with the prevalence of diseases related to sugar consumption in China, Japan and India are expected to benefit the regional market.
·         Key companies in the industry include Roquette, Cargill, SPI Polyols, Inc., SPI Pharma, Bright Moon Seaweed, Singsino Group Ltd., Hebei Huaxu Pharmaceutical Co., Ltd, EMD Millipore and Moga International Ltd. The market witnesses’ different dynamics regarding market strategies, M&As, and product diversification.

Read detailed report or request for sample of this research report: - http://www.grandviewresearch.com/industry-analysis/mannitol-market/request

Grand View Research has segmented the global mannitol market on the basis of application and region:
Global Mannitol Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)
·         Food Grade
·         Pharmaceuticals
·         Industrial
·         Surfactants
·         Others
Global Mannitol Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)
·         North America
·         U.S.
·         Europe
·         Germany
·         UK
·         Italy
·         Asia Pacific
·         China
·         India
·         Central & South America
·         Middle East & Africa

Wednesday 13 July 2016

Animal Feed Organic Trace Minerals Market To Gain From Growing Demand For Animal As A Source Of Protein Till 2020: Grand View Research, Inc.



The global market for animal feed organic trace minerals is expected to reach USD 624.6 Million by 2020, according to a new study by Grand View Research, Inc. Higher bioavailability or organic trace minerals in animals as compared to inorganic counterparts is expected to be a key driver for the market over the next six years. In addition, growing regulatory concerns regarding the hazardous effects of unabsorbed inorganic minerals is expected to further augment the demand for organic counterparts. Furthermore, inorganic trace minerals also affect the health of animals which has resulted in substitution by organic minerals in animal feed.
Increasing consumption of animal protein and dairy has resulted in increased demand for organic trace minerals as they are associated with improving animal nutrition and preventing/controlling diseases. However, stringent regulatory scenario, particularly through FDA and REACH has emerged as a key issue for market participants. In addition, R&D costs associated with developing organic minerals are higher as compared to their inorganic counterparts which lead to pricing issues. This is expected to adversely impact the development of the market over the forecast period.
Further Key findings from the study suggest:
  • Zinc was the highest consumed mineral and accounted for over 45% of the global consumption in 2012. The high consumption can be associated with multiple advantages offer by zinc such as antioxidant, tissue repair, wound healing and cofactor for enzymes. It is also expected to witness fastest growth over the next six years growing at a CAGR of nearly 7% from 2013 to 2020. 
  • The other commonly used trace minerals include Iron, Manganese, Copper, Selenium and Cobalt. Iron and Manganese were the second and third largest segments in 2012 and together accounted for over USD 110.0 million of revenue. 
  • North America was the largest regional market for organic trace minerals and accounted for close to 38% of the revenue in 2012. It is expected to be the dominant regional market by the end of the forecast period in spite of losing share to fastest growing markets such as Asia Pacific and Brazil. 
  • Asia Pacific is expected to be the fastest growing region in terms of organic trace mineral consumption because of the increased consumption of animal as a source of protein coupled with increasing awareness regarding benefits of these minerals in controlling and prevention of diseases. The region is expected to grow at a CAGR of over 7% from 2013 to 2020. 
  • Royal DSM NV was the largest company in the market and further strengthened market presence following its acquisition of Brazil based organic trace mineral company, Tortuga. The other key companies in the market include Tanke Biosciences Corporation, Ridley Inc, Zinpro Corporation, Archer Daniels Midland Company, Cargill and Kemin Industries among others. 
Read detailed report or request for sample of this research report: - http://www.grandviewresearch.com/industry-analysis/animal-feed-organic-trace-minerals-industry/request
For the purpose of this study, Grand View Research has segmented the global organic trace minerals market on the basis of products and region:
Organic Trace Minerals Product Outlook,
  • Zinc
  • Iron
  • Manganese
  • Copper
  • Others (Selenium, Cobalt, etc)
Organic Trace Minerals Regional Outlook,
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/food-and-beverages

Tuesday 12 July 2016

Aquafeed Market Demand Was 37.60 Million Tons In 2013 And Is Expected To Reach 77.93 Million Tons By 2020: Grand View Research, Inc.



The Global Aquafeed Market is expected to reach USD 133.1 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of aquafeed in carp and crustacean farming is expected to boost market demand over the forecast period. The growing market for aquaculture, owing to the static natural production of fishes is expected to be another key driver for market growth over the next six years. In addition, the increasing focus on nutraceuticals such as omega 3 enriched products is also expected to have a positive impact on aquafeed applications.
Key aquaculture additives include antibiotics and amino acids as they cannot be synthesized by the fish but are essential for regular body mechanism. Amino acids were the largest used aquafeed product, with estimated market revenue of USD 236.0 million in 2013. Feed acidifiers are expected to be the fastest growing segment over the forecast period, at an estimated CAGR of 6.1% from 2014 to 2020.


Further key findings from the study suggest:
  • The global aquafeed demand was 37.60 million tons in 2013 and is expected to reach 77.93 million tons by 2020, growing at a CAGR of 11% from 2014 to 2020.
  • Carps were the largest consumers of aquafeed, at 9.70 million tons of global market in 2013. The segment is also expected to witness fastest growth at an estimated CAGR of 11.2% from 2014 to 2020. Carps are rich in omega-3 fatty acids and offer high sources of protein that are low in fat. The growing consumer awareness regarding omega 3 health benefits is expected to drive demand for carps in turn augmenting demand for aquafeed.
  • Mollusks and Crustaceans were the other large application segments for the aquafeed market together accounting for 33% of the global market in 2013. Crustaceans such as lobsters, shrimps and crabs and mollusks such as oysters are increasing being used as exotic food products and improving economic conditions in parts of Asia Pacific is expected to further the demand for aquafeed over the forecast period.
  • Asia Pacific was the most dominant regional market accounting for 65% of global consumption in 2013. The presence of vast aquaculture industry particularly in China is expected to enhance the demand for aquafeed in the region over the next six years.

Read detailed report or request for sample of this research report: - http://www.grandviewresearch.com/industry-analysis/aquafeed-and-aquaculture-additive-market/request

For the purpose of this study, Grand View Research has segmented the global aquafeed market on the basis of end use and region. Furthermore, aquafeed additive market has been split on the basis of product segments:
Aquafeed Additives Product Outlook (Revenue, USD Million, 2012 - 2020)
            • Amino Acids
            • Antibiotics
            • Vitamins
            • Feed Acidifiers
            • Others
Aquafeed Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • Carps
            • Mollusks
            • Crustaceans
            • Salmons
            • Tilapia
            • Catfish
            • Others
Aquafeed Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives