Food & Beverages

Organic Rice Protein Market is expected to witness CAGR of over 18% from 2016 to 2024

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The global organic rice protein market is expected to reach USD 154.4 million by 2024, according to a new report by Grand View Research, Inc. Superior functional properties coupled with increasing shift towards non-GMO and vegan food ingredients is expected to propel the demand over the forecast period. The product is hypoallergenic and generally consists of no added colors, sweeteners or fillers which increases its nutritional value. In addition, organic rice protein contains a high level of amino acid content which is very beneficial for building muscles.

U.S. organic rice protein market

Intake of dietary protein along with organic rice protein helps in burning fat through its thermic effect and reduces blood sugar level thereby facilitating weight loss. Companies including Axiom Foods, and Nutribiotics have been involved in extensive R&D in order to develop hexane free organic rice protein thereby facilitating development.

Further key findings from the report suggest

  • Organic rice protein isolates are likely to witness CAGR of over 18% from 2016 to 2024. These produce high quality product with enhanced color, texture, and flavor in a cost effective manner, which is likely to augment demand for the product over the forecast period.
  • Sports and energy nutrition application is expected to witness CAGR of over 16%, in terms of volume, from 2016 to 2024 due to rapidly growing demand in Europe and North America. High youth population coupled with increasing trend of sports & gym in Asia Pacific is likely to have a positive impact on the growth over the forecast period.
  • North America is expected to witness significant growth from 2016 to 2024 due to the presence of key companies in the region. The players have been involved in extensive R&D in order to develop products focusing on numerous applications. High preference towards natural food ingredients in the regions is expected to propel demand for the product in meat analogues and extenders over the forecast period.
  • Latin America demand was valued at over USD 1.5 million in 2015. Increasing government initiatives to promote use of organic food products coupled with high organic rice farming in the region is expected to augment demand for the product over the forecast period.
  • The market is characterized by the presence of limited market players with the strong distribution network. Some of the key organic rice protein suppliers include American Supps, Nordic Food Partners A/S, Aggressive Health Shop, Bioden, and iHerb Inc. These companies are involved in the distribution of organic rice proteins on the global level.

Read more: http://www.grandviewresearch.com/industry-analysis/organic-rice-protein-market

Savory Ingredients Market Share, Trends & Forecasts 2016 to 2024

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The global savory ingredients market is expected to reach USD 12.75 billion by 2024, according to a new report by Grand View Research, Inc. Savory ingredients are widely used as seasoning and flavoring agents in the food industry.

U.S. savory ingredients market

Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth.

Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.

Companies such as DSM, Kerry Group, Givaudan, Diana, and Lesaffre have adopted acquisition strategies to enhance their product offerings and regional presence. This approach has helped companies acquire distribution centers and diversify their offerings across many end-use application markets.

Further key findings from the report suggest:

  • The global savory ingredients market demand was 3,929.6 kilo tons in 2015 and is expected to reach 6,195.4 kilo tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024
  • Monosodium glutamate (MSG) was the leading product segment and accounted for over 80% of global demand in 2015. The use of Monosodium glutamate is extensively in the manufacture of processed food such as soups, meat, snacks, and other ready-to-go meals.
  • Hydrolyzed animal proteins (HAP) has gained wide acceptance in the animal feed and pet food industry
  • Food was the leading application segment and accounted for over 65% of total market volume in 2015. The segment is also expected to witness the highest growth of 5.4% over the forecast period on account of increasing savory ingredient demand in the convenience food and food service industry.
  • Major companies identified in the market include Ajinomoto Co., Inc., Angel Yeast Co., Ltd., Vedan International Holdings Ltd., DIANA Group, and Givaudan S.A. among others. Growing investment in new product development and R&D is expected to propel the market demand over the coming years.
  • Companies such as Sensient Technologies, Givaudan, DSM, Ajinomoto have invested in expanding production capabilities to cater to increasing market demand. HACCP, KOSHER, HALAL, ISO certifications help companies gain a competitive edge in the market.

Read more: http://www.grandviewresearch.com/industry-analysis/savory-ingredients-market

Probiotics Market Share, Trends & Forecasts 2015 to 2024

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The global probiotics market is expected to reach USD 66.04 billion by 2024, according to a new report by Grand View Research, Inc. The growing preference for functional foods to curb health disorders is expected to favor the overall market growth over the forecast period. Probiotics are healthy bacteria which when consumed in adequate amount, benefit the body functions.

U.S. Probiotics Market

Probiotics have beneficial effects on humans as well as animals. They help in treating various gut-related as well as immunity related diseases. They are gaining widespread popularity owing to the raising awareness regarding the relation of nutrition, diet, and health. This trend is expected to complement the market growth.

Increasing health concerns is expected to play an important role in complementing the market over the forecast period. Rising disposable income and increasing standards of living, particularly in the developing regions are expected to benefit the overall market. Increasing probiotics market penetration in dairy and other food and beverages industry is expected to favor the overall demand.

Major market players are focusing more on R&D activities to gain traction as far as innovation in product portfolio is concerned. Companies are approaching probiotics production through a holistic approach with key companies trying to integrate their value chain process. Companies are constantly trying to provide unique product differentiation to gain customer loyalty.

Further key findings from the report suggest:

  • Probiotics food & beverages had the highest penetration in 2015, and this trend is expected to continue over the next eight years. Differentiated product portfolio and continued innovation in the sector are the primary reasons for this scenario.
  • Probiotics are finding acceptance in applications such as skin health. Development of proprietary formulation techniques is undertaken by companies to cater to customized needs
  • Asia Pacific is expected to witness the highest growth of 7.7% over the next eight years. High population density and percentage of the youth population in countries such as India coupled with rising disposable income are expected to contribute to the market growth.
  • A major part of market share is held by very few companies. Companies are trying innovative techniques for customer engagement. Mergers & acquisitions are carried out to increase regional presence as well as market share.
  • Industry participants majorly include Chr. Hansen Holding A/S, Danone, Yakult Honsha Co., Ltd., Nestle, Probi AB, Danisco A/S, Lallemand Inc., and Arla Foods, Inc.

Read more: http://www.grandviewresearch.com/industry-analysis/probiotics-market

Kombucha Market is expected to reach USD 4.46 billion by 2024

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The global kombucha market is expected to reach USD 4.46 billion by 2024, according to a new report by Grand View Research, Inc. Increasing awareness of the health benefits associated with consuming probiotic drinks is projected to boost market demand over the forecast period.

U.S. kombucha Market

Kombucha helps to control liver cell toxicity and aids in detoxification, digestion, and weight loss. It also improves immunity and acts like an energy drink. Some of the drivers influencing the market growth are the ease of manufacturing and rising demand for probiotic beverages.

Growing disposable income and the trend of maintaining a healthy diet intake has led to increasing demand for natural and organic beverages. North America occupied the largest market share in 2015 on account of a vast number of brewers operating in this region.

Companies such as Buchi Kombucha, GT’s Kombucha, Celestial Seasonings, and KeVita, Inc. have adopted expansion strategies to increase their presence in the market. Most of the companies have tie-ups with local retailers and health food stores such as Wal-Mart, Safeway, and Whole Food Market for the distribution of their products.

Further key findings from the report suggest:

  • The Symbiotic Colony of Bacteria and Yeast (SCOBY) is the key ingredient for the manufacture of fermented kombucha tea
  • Fermented drinks have gained wide acceptance in the healthy beverages industry
  • Consumers broadly prefer flavored kombucha drinks; this segment accounted for 68% of the market volume in 2015.
  • Brewers have launched a variety of exotic flavors such as coconut & mango, pineapple-jalapeno, guava, and berry. Other flavors extracted from flowers, herbs, roots, and spices are also used in the beverage.
  • Asia Pacific is projected to grow at the highest CAGR on account of the growing demand for probiotic beverages in China, Japan, and India
  • Companies have partnered with large retail chains and other distributors to cater to the increasing demand in the U.S.
  • Major companies identified in this industry include Buchi Kombucha, Cell-Nique Corporation, GT’s Kombucha, Hain Celestial Group, Red Bull GmbH, and Revive Kombucha among others

Read more: http://www.grandviewresearch.com/industry-analysis/kombucha-market

Bio-Vanillin Market is expected to reach USD 227.7 million by 2024

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The global bio-vanillin market is expected to reach USD 227.7 million by 2024, according to a new report by Grand View Research, Inc. Bio vanillin is used in a broad range of applications including food & beverages, cosmetics, and pharmaceuticals on account of its superior flavor inducing properties which will result in propelling demand over the forecast period.

U.S. Bio Vanillin Market

Increasing production through the microbial conversion process will be a major factor in realizing the full potential of bio vanillin over the forecast period. This factor will have a positive impact on the overall market. Its ability to mask the bitter taste in medicines will also play a significant role in increasing its penetration in the pharmaceutical sector.

Further key findings from the report suggest:

  • Pharmaceuticals are expected to remain a high potential segment for the product owing to its increasing application as a flavoring agent in various medicinal syrups and tablets. It is projected to experience significant volume gains at a CAGR of 8.3% over the forecast period. Moreover, its non-dispersive properties make it a viable option for use as an intermediate for synthesizing pharmaceuticals.
  • Fragrances were the second largest segment and accounted for 24.2% of the global volume share in 2015. Flavors and fragrances have a broad range of applications in various industries including cosmetics, detergents, personal care products, and chemical formulations. Growing consumer awareness about natural products has also influenced the demand for natural fragrances.
  • Asia Pacific was the largest market accounting for 37.9% of the global volume share in 2015. The growth of the food & beverage sector in emerging economies including China and India has been a primary growth factor for driving the demand for flavors & fragrances.
  • Asia Pacific was the largest producer of natural vanillin owing to the presence of vast farmlands of the crop in Malaysia. However, high demand for vanillin which outpaces the production on account of the presence of numerous food & beverage and pharmaceutical manufacturers has resulted in manufacturers looking at alternative methods of increasing production. Growing demand for biobased products due to their environment friendly characteristics and properties equivalent to synthetic counterparts has led to an increasing commercialization and usage of bio vanillin over the past few years, and the trend is anticipated to continue over the forecast period.
  • Europe is expected to witness substantial gains over the forecast period on account of high consumer demand for biobased products. Moreover, the presence of stringent regulatory framework supporting the use of biobased products, especially in food & beverages and fragrances, is expected to propel the demand for bio vanillin in the region over the forecast period.
  • Major bio vanillin manufacturers include Ennloys, Solvay S.A., Apple Flavor & Fragrance Group Co Ltd, International Flavors & Fragrances, Inc. and Evolva Holding. Joint ventures and partnerships are expected to be a key feature of the market to develop advanced biotechnology.

Read more: http://www.grandviewresearch.com/industry-analysis/bio-vanillin-market

Organic rice protein market is expected to witness CAGR of over 18% from 2016 to 2024

Posted on Updated on

The global organic rice protein market is expected to reach USD 154.4 million by 2024, according to a new report by Grand View Research, Inc. Superior functional properties coupled with increasing shift towards non-GMO and vegan food ingredients is expected to propel the demand over the forecast period. The product is hypoallergenic and generally consists of no added colors, sweeteners or fillers which increases its nutritional value. In addition, organic rice protein contains a high level of amino acid content which is very beneficial for building muscles.

                              

Intake of dietary protein along with organic rice protein helps in burning fat through its thermic effect and reduces blood sugar level thereby facilitating weight loss. Companies including Axiom Foods, and Nutribiotics have been involved in extensive R&D in order to develop hexane free organic rice protein thereby facilitating development.

Further key findings from the report suggest

  • Organic rice protein isolates are likely to witness CAGR of over 18% from 2016 to 2024. These produce high quality product with enhanced color, texture, and flavor in a cost effective manner, which is likely to augment demand for the product over the forecast period.
  • Sports and energy nutrition application is expected to witness CAGR of over 16%, in terms of volume, from 2016 to 2024 due to rapidly growing demand in Europe and North America. High youth population coupled with increasing trend of sports & gym in Asia Pacific is likely to have a positive impact on the growth over the forecast period.
  • North America is expected to witness significant growth from 2016 to 2024 due to the presence of key companies in the region. The players have been involved in extensive R&D in order to develop products focusing on numerous applications. High preference towards natural food ingredients in the regions is expected to propel demand for the product in meat analogues and extenders over the forecast period.
  • Latin America demand was valued at over USD 1.5 million in 2015. Increasing government initiatives to promote use of organic food products coupled with high organic rice farming in the region is expected to augment demand for the product over the forecast period.
  • The market is characterized by the presence of limited market players with the strong distribution network. Some of the key organic rice protein suppliers include American Supps, Nordic Food Partners A/S, Aggressive Health Shop, Bioden, and iHerb Inc. These companies are involved in the distribution of organic rice proteins on the global level.

Read more: http://www.grandviewresearch.com/industry-analysis/organic-rice-protein-market

Savory ingredients market is expected to reach 6,195.4 kilo tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024

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The global savory ingredients market is expected to reach USD 12.75 billion by 2024, according to a new report by Grand View Research, Inc. Savory ingredients are widely used as seasoning and flavoring agents in the food industry.

                           

Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth.

Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.

Companies such as DSM, Kerry Group, Givaudan, Diana, and Lesaffre have adopted acquisition strategies to enhance their product offerings and regional presence. This approach has helped companies acquire distribution centers and diversify their offerings across many end-use application markets.

Further key findings from the report suggest:

  • The global savory ingredients market demand was 3,929.6 kilo tons in 2015 and is expected to reach 6,195.4 kilo tons by 2024, growing at a CAGR of 5.2% from 2016 to 2024
  • Monosodium glutamate (MSG) was the leading product segment and accounted for over 80% of global demand in 2015. The use of Monosodium glutamate is extensively in the manufacture of processed food such as soups, meat, snacks, and other ready-to-go meals.
  • Hydrolyzed animal proteins (HAP) has gained wide acceptance in the animal feed and pet food industry
  • Food was the leading application segment and accounted for over 65% of total market volume in 2015. The segment is also expected to witness the highest growth of 5.4% over the forecast period on account of increasing savory ingredient demand in the convenience food and food service industry.
  • Major companies identified in the market include Ajinomoto Co., Inc., Angel Yeast Co., Ltd., Vedan International Holdings Ltd., DIANA Group, and Givaudan S.A. among others. Growing investment in new product development and R&D is expected to propel the market demand over the coming years.
  • Companies such as Sensient Technologies, Givaudan, DSM, Ajinomoto have invested in expanding production capabilities to cater to increasing market demand. HACCP, KOSHER, HALAL, ISO certifications help companies gain a competitive edge in the market.

Read more: http://www.grandviewresearch.com/industry-analysis/savory-ingredients-market