Global Squalene Market - Industry Growth and Analysis Report, 2024

The global Squalene Market was valued at USD 112 million in 2015. It is expected to grow at a CAGR of around 10.3% and reach USD 271 million over the forecast period (2016 to 2024).

Squalene is used in a wide range of cosmetic and pharmaceutical products. It is known for its health and nutritional benefits like blood cell rejuvenation, and anti-carcinogen. The product reduces cholesterol and carcinogen levels, prevalence of cardiovascular diseases and cancer are anticipated to propel market growth till 2024.

Health controversies and strict government regulations on shark poaching are expected to curtail growth. However, advancements in the development of vegetable and synthetic sources and extraction methods can positively impact market growth. The market is split into raw materials, applications, and geographies.

Raw materials include animal, vegetable, and synthetic. Vegetable oil is naturally available organic compound found in amaranth oil, rice bran oil, olive oil, wheat germ. This segment accounted for around 46% of the overall volume share in 2015.

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Animal-based squalene is extracted from shark liver. This segment was valued at over USD 46 million in 2015. Stringent rules against deep-sea shark fishing in North American and European waters can exhibit a sluggish segment growth.

Applications comprise cosmetics, food, pharmaceuticals, and others. Cosmetics held over 64% of the overall revenue in 2015. Anti-aging and rejuvenating creams contributed to the growth of this segment.

The oil is used in personal care and cosmetic products like bath oils, hair conditioners, lotions, creams, lipsticks, and sunscreens this is likely to drive the market growth in the coming years. Pharmaceuticals accounted for 7.7% of the global volume in 2015.

Regions include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). Europe was held the largest market of over 36.5% of the global volume in 2015. It is expected to witness a significant growth owing to the plant-derived ingredients products.

Asia Pacific is expected to grow the fastest at around 10% CAGR till 2024. Growth can be attributed to the rising cosmetic and dietary supplement sectors.

Key global players of the squalene market are Amyris Biotechnologies, Squalan Natural Health B.V., Gracefruit Limited, Maruha Nichiro Corporation. Amyris Biotechnologies partnered with Squalan Natural Health B.V. to create a new personal care product called NeossanceSqualane.

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Vegetable Oil Market - Applications and Growth Prospects, 2024

Increasing vegetable oils application in fuel production, culinary, soaps and perfume formulations is expected to drive the Global Vegetable Oil Market over the forecast period. Growing processed foods industry, particularly in emerging markets, is expected to drive vegetable oils consumption in the long run.

Vegetable oils are major feedstock in bio lubricants production. Tightening regulatory framework regarding disposability and recyclability of petrochemical derived lubricants has been driving bio lubricants demand, thus providing growth opportunities for global vegetable oil market. As a result of their recyclable property, vegetable oils have diverse applications as automotive oil, demolding oil, hydraulic oil, chainsaw oils and industrial oils. On basis of the above applications, several vegetable oil manufacturing companies are converging on producing modified renewable oil and mineral oil based products. This initiative by major companies will help in escalating vegetable oil market additionally favoring its consumption in mature markets that are governed by regulatory policies favoring eco-friendly products. Vegetable oils are used as source to produce bio ethanol which is further used for biofuels production. Growing demand for biodiesel in automotive, aerospace and aviation industries is expected to have a positive impact on the global market. in line with aforementioned, use of vegetable oils as an alternative energy source is projected to witness a rapid growth in the long run.

Major vegetable oils that find commercial applications include palm oil, castor oil, soybean oil, and sunflower oil. Sunflower oil emerged as a major product segment in the vegetable oil market on account of its health benefits such cardiovascular benefits, helps in preventing arthritis, asthma and colon cancer. Vegetable oil market has thus been gaining importance as a major health care product as it helps in cell structure repair apart from aforementioned benefits. Stringent biofuel policies in Europe and U.S. over accessibility of soybean oil have diverted the vegetable oil market towards other vegetable oils such as palm, palm kernel and sunflower oils.

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On the basis of applications the vegetable oil market has been segmented into industrial, biofuel or biodiesel and the food segment. Currently, the use of vegetable oil in food segment occupies a major share in FMCG market globally. Biofuels is expected to generate maximum vegetable oil demand over the forecast period owing to increasing regulatory favorability towards unconventional fuel sources and subsequent vegetable oil sourcing as feedstock. Vegetable oils extracted from seeds and fruits are used for edible purposes. This significant characteristic of processed vegetable oil has increased its demand in animal feed additive industry, thus providing growth opportunities in terms of expanding application scope. In comparison to mineral oils, vegetable oils produce bio based lubricants of a high viscosity index, vegetable oils have also been found out to have better lubricity than mineral oils, hence many companies are focusing on replacing mineral oils with vegetable oils in order to provide oils with lower volatility, less smoke, better pressure performance and high viscosity. Vegetable oils as mineral oil substitutes are anticipated to foster global vegetable oil market growth over the next seven years.

Very high consumption of oxidized polyunsaturated fatty acids (PUFAS), found in majority of vegetable oils such as soybean, sunflower and corn oil has increased the outcome of breast cancer in postmenopausal women. Furthermore corn oil possesses high polyunsaturated fatty acids that causes inflammation of the cells leading to many digestive diseases. Such health issues associated with vegetable oils might impede their consumption in edible applications such as food processing.

North America is a major regional market and is characterized by high vegetable oils consumption in biofuels production and bio-based products manufacturing. High consumer awareness regarding environmental effects of petrochemical derived products has led to high demand for bio-based products. This trend is expected to strengthen North America vegetable oils market. Europe is expected to register moderate to high demand over the forecast period owing to increasing EU initiatives promoting bio-based products production and consequent ECHA regulations towards petrochemical products. Asia Pacific is projected to witness immense growth on account of growing end-use markets such as biofuels, food processing and bioplastics. Abundant raw material availability in Southeast Asian markets is anticipated to have a positive impact on Asia Pacific vegetable oils production landscape.

Major companies operating in the global vegetable oils market include Total S.A., BP, Shell, Archer Daniels Midland Co., Bunge North America Inc., Cargill Agricola S.A., Fuji Oil, Dow Agrosciences LLC, United Plantations Berhad, and Savola Group.

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Egg Processing And Equipment Market - Key Drivers and Trends, 2024

Processing of eggs is done by two methods that include in-line and off-line processing. In-line processing occurs at the same place as the production facility. Off-line processing occurs separately from the production facility. Shifting consumer preference towards processed food coupled with increasing demand for high quality egg products are expected to remain the major driving factors for Global Egg Processing & Equipment Market in the long run.

Increasing demand for high protein food and nutritional dietary supplements are anticipated to fuel egg processing & equipment market growth over the forecast period. Technological advancements such as integrated assembly lines with improved production rates and reduced operational costs are estimated to have a positive impact on market growth over the forecast period. Egg processing and equipment industry participants have been adopting high quality manufacturing standards and have been constantly involved in product development. Manufacturers are focusing on technologies that would egg products with minimal wastage. Major companies such as Sanovo Technology Group have introduced innovative pasteurizing equipments that minimize salmonella presence in egg products that causes food poisoning, thus creating more demand for these products.

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Stringent regulations by FDA regarding functional foods and egg proteins are anticipated to restrain market growth over the next few years. 

On the basis of products, egg processing market has been segmented into frozen, liquid and dried products. Frozen and liquid products were the largest egg processing product segments in 2013. Dried products are estimated to witness highest growth rates over the next few years on account of increasing demand for egg proteins and functional foods in international markets. On the basis of applications, global egg processing industry has been segmented into dairy, soups & sauces, baking, confectionary and ready to eat (RTE) products.

North America dominated the global egg processing and equipment market currently. The market in this region is characterized by advancements in extraction technologies coupled with growing health consciousness among average consumers. Egg processing & equipment market is expected to witness highest growth rates in Asia Pacific over the forecast period. Rising demand for processed egg products coupled with increasing health consciousness among the consumers is estimated to drive market growth in this region over the forecast period. 

Major participants in the egg processing & Equipment market include Pelbo S.P.A, Moba b.v., Glon Group, Gruppo Eurovo, Sanovo Technology Group, Actini Group, Igreca S.A. Bouwhuis Enthovan, Interovo Egg Group B.V., OVO Tech and Pelbo S.P.A. Key egg processing equipment market participants are investing heavily to expand their businesses. These key players are also making large investments in the development of new equipments to maintain a competitive edge. These companies are entering into collaborations, agreements, joint ventures to gain market share.

In June 2016, Sanovo Technology Group signed its largest order. In June 2017 they are going to provide complete equipment for handling egg processing to a new plant in United States.

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Orange Juice Market is Driven by Its Nutritional Benefits

The global Orange Juice Market is projected to witness remarkable growth in the coming years owing to changing consumer preference for healthy food products. Orange juice is an unfermented liquid obtained from the fruit. Fresh juice is obtained by squeezing oranges with hands or with the help of specifically designed machines. Due to its short shelf life, it has to be consumed instantly. Commercial orange juice is processed in order to increase its shelf life. The product can be commercialized in three different forms, namely reconstituted liquid, frozen concentrate, and non-concentrated beverage or not from concentrate (NFC).

Nutritional benefits of orange juice owing to presence of vitamin C and potassium citrate that act as antioxidants can propel market growth. These antioxidants improve blood vessel functioning and reduce risk of birth defects, thereby fueling demand for healthy beverages among consumers. In addition, consumption of freshly squeezed orange juice can reduce low density lipoprotein (LDL), which is also known as bad cholesterol. High LDL can build up cholesterol in arteries, which can further give rise to cardiovascular disorders. Moreover, the product supports the immune system of the body and reduces free radicals that can damage cells and tissues.

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High competition from alternative beverages, such as sports and energy drinks, can be challenge for the market. Physicians and nutritionists have been downplaying consumption of orange juice owing to its high sugar content, which can lead to obesity. This factor can hamper market growth in the coming years. In addition, lack of awareness among consumers regarding its health benefits over alternative products, such as tea, coffee, and soft drinks, can obstruct growth of the market. However, shifting consumer preference for fruit juices over alternative beverages can create lucrative opportunities for the market.

The market can be segmented on the basis of fruit varieties, concentration, and type. Based on concentration, the market can be bifurcated into concentrate and non-concentrate. In terms of type, the market can be categorized into frozen, canned, freshly squeezed, and pasteurized. On the basis of variety, the market can be classified into navel, blood, Valencia, clementine, and tangerine. These varieties contain different amounts of juice vesicles, also known as pulp.

The market in North America is expand in the coming years owing to shifting consumer preference for healthy beverages over conventional soda products. Launch of innovative beverages by market players can gain traction among consumers. For instance, Simply Beverages launched its new product line of light orange juice beverages with less sugar and few calories. The company is targeting health-conscious consumers, who want to maintain a healthy lifestyle without sacrificing taste. This new product is available in two different flavors, simply light orange pulp free and simply light orange with calcium and vitamin D.

Asia Pacific is anticipated to witness significant growth in the coming years owing to increasing number of health-conscious consumers. People are preferring fruit-based beverages over tea and coffee, which can, in turn, augment regional market growth in the coming years. Rising demand for organic food and beverage products in developing countries, such as India, China, and Japan, can augment product demand. In addition, advent of new flavors and attractive packaging by manufacturing companies can boost sales in the coming years. For instance, Fresh & Pure introduced cold pressed orange juices. The product is 100 percent natural and free from preservatives, added sugar, and chemicals. The company uses fresh fruits of finest quality that maintained in their natural form. Similarly, Raw Pressery offers Valencia orange flavor in one liter packaging.

Some of the leading companies operating in the orange juice market are Real, Tropicana, Citrus Hill, America’s Choice, and Tree Ripe.

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Study states, Beer Market in North America Region Gain Highest Market Share

The global Beer Market is expected to witness strong growth in the years to come. Increasing disposable income, along with growing consumer preference for the product over other alcoholic drinks, can drive the market in the years to come. Additionally, growing youth population and increasing female consumers are expected to boost the product demand. Cultural changes and growing influence of western culture have also increased the consumption of alcoholic beverages.

Growing production of craft-beer and increasing awareness among consumers regarding varied flavors of these drinks can create many opportunities for the market. Growing consumer preference for flavored and low alcohol by volume (ABV) beer is also expected to fuel the demand for these products in the coming years. Flavors, such as amber ale, amber lager, and India pale ale (IPA) are some of the most preferred styles of craft beer. They are mostly consumed through different hospitality channels across developed nations. For instance, Avery Brewing Company, a prominent craft brewery, introduced a new bear called Hazyish IPA. It is a juicy and hazy IPA with low bitterness and 7.0 percent ABV. It has an aroma of four varied hop varieties, including Amarillo, Mosaic, Simcoe, and Azacca, and a creamy mouthfeel. Furthermore, numerous governments are focusing on increasing production of these products by incorporating new breweries in order to improve economic growth.

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However, presence of high excise duties on imported and local products and rising health awareness among consumers may hinder market growth. Though the harmful effects of alcohol are recognized, alcohol can also be beneficial in moderate amounts. Increasing awareness regarding health benefits of draught beer can have a positive impact on market growth. Moderate dose of well-formed product can aid in reducing the cholesterol levels, improving kidney health, and avoiding kidney stones. However, introduction of non-alcoholic and naturally sweetened drinks can create growth opportunities for the market.

The market can be segmented on the basis of distribution channel as on-trade and off-trade. On-trade distribution involves sale of the beverages in restaurants, bars, pubs, and other channels in the hospitality industry. On-trade craft beer is expensive than off-trade. Off-trade distribution comprises sale of the product through online stores, retail stores, and wholesalers. The segment is anticipated to witness significant growth in emerging countries due to presence of consumers with low to medium buying capacity.

North America is a leading consumer of the product. The U.S. is expected to contribute significantly to market growth owing to remarkable expansion of breweries. Growing efforts by the breweries to develop new flavors can boost regional growth in the coming years. Europe is expected to be a leading regional market for craft beer due to growing consumer preference for flavored beer and increasing demand for IPA and pale ale. Tradition of consuming alcoholic beverages along with meals is likely to boost regional market growth. In addition, presence of a number of established and recognized players in these regions is likely to drive the global market in the years to come.

Asia Pacific is anticipated to witness high growth in the years to come. Emerging countries, such as India and China, are the key contributors to regional market growth. In addition, South Korea and Singapore are expected to contribute significantly to the growth. Improving economic conditions and growing adoption of western lifestyle are expected to fuel regional growth in the years to come. Consumption of the product is high among the corporate employees of India. It is reasonably priced than other alcoholic beverages and contains low ABV, thereby making people feel less high.

Some of the leading companies operating in the beer market are Carlsberg Breweries A/S, Sapporo Breweries, Anheuser-Busch InBev, Heineken N.V., Tsingtao Breweries, and Sapporo Breweries. Players are making high investment to facilitate innovative beer breweries and adoption of smart marketing approaches to gain traction in the market. For instance, Japanese Craft Beer launched a marketing campaign called "Drink in a New Language" in the U.S. With this campaign, 22 Japanese craft beer producers invited Americans to discover craft brewing methods and unique flavor profile of Japanese craft beer.

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Germany Organic Food Market is Driven by Increasing demand from the Consumers having high spending Power

Germany Organic Food Market is expected to reach USD 20.7 billion by 2025 as a result of increasing demand from consumers owing to the perceived benefits of the natural produce. Moreover, the increasing demand from the consumers for organic baby food is driving the natural food market owing to the nutritional benefits and chemical & pesticides free food. Thus, the parents are more inclined towards natural food fulfilling their requirement for healthy and nutritional intake of their kids. The availability of extensive product ranges and increased network is expected to result in increased sales of organic baby food products in future. The increasing awareness of adulteration in baby food is expected to result in the growth of German organic food market over the forecast period.

Furthermore, Germany is the largest European market for natural products, and is driven by the high consumer spending power. The increasing organic farming is aiding in the growth of organic products in the market. However, the imports of natural and organic products have evolved significantly over the past years owing to the increase in demand from the large consumer base. This import is not limited to the products not grow in Germany but also for usual produce such as fruits and vegetables, dairy products, meat and potatoes. Thus, the increasing import of natural products is expected to drive the growth of the Germany organic food market over the forecast period.

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The increasing environmental awareness regarding the nutritional benefits of organic food among the consumers is a significant factor driving the growth of the natural food market. As organic farming conserves resources and is eco-friendly, the produce from such farms are gaining an increasing consumption among the consumers in Germany. The benefits of organic farming such as water & soil conservation, animal welfare and flora and fauna protection is expected to increase the customer inclination towards organic farm produce. This results in reduced carbon foot print owing to the sustainable farming practices. Thus, the sustainable farming activities is expected to drive the growth of the German organic food market over the forecast period.

Moreover, the Germany government initiatives to promote healthy living and chemical free food products is expected to catalyze the organic food sector. The urbanization has resulted in food quality issues and hence, the German cities are transforming the cities into food gardens. Furthermore, the city food councils in various cities such as Berlin, Kiel and Cologne are promoting healthier and sustainable food production through community supported agricultural. These councils have undertaken urban agricultural projects by greening the new buildings and making use of uncontaminated industrial land as community gardens. The locals are encouraged to cultivate crops and useful plants in public green areas. Thus, potato and fruit planting in neighborhoods are gaining popularity. This is helping municipal organizations to lower their public green area maintenance cost. Thus, such green areas are expected to further drive the growth of the Germany organic food market over the forecast period.

The increasing awareness of organic trade shows in Germany is expected to tempt the health conscious customers. For instance, the BioFach in Germany is gaining popularity among the global food organic industry as well as the organic consumer base and is expected to drive the growth of the German organic food market over the forecast period.

Hexa Research has segmented the Germany organic food market report based on type:

Segmentation by type, 2015 - 2025 (USD Billion)
    • Fruits & Vegetables
    • Prepared food
    • Dairy
    • Bread & grains
    • Meat, fish & poultry
    • Beverage

Key players analyzed:
    • Denn's Biomarkt
    • HiPP GmbH & Co. Vertrieb KG
    • Alnatura Produktions- und Handels GmbH
    • Rewe Markt GmbH
    • ALDI Einkauf GmbH & Co. oHG

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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