Food and Beverages Industry Reports

Monday, 20 July 2020

Kosher Beef Market Analysis, Trends and Industry Size, Forecasts Till, 2019-2025

The global Kosher Beef Market size is expected to reach USD 248.93 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 3.3% during the forecast period. Increasing demand for kosher food in North America and Europe is anticipated to drive the growth. The Jewish cuisine has evolved to become the hottest food trend in countries like U.S., Canada, France, U.K., and Germany. Organizations operating in food service industry have picked up on this trend with myriads of diners, pizzerias, cafes, cafeterias, bakeries, caterers, and butchers serving kosher food products including beef.

In Israel, food franchisees including, Sbarro, KFC, and McDonald’s offer kosher beef products. Various other multinational food franchises such as Suway, Dunkin’ Donuts, and Krispy Kreme in U.S. have expanded their product portfolio with kosher beef variants. In January 2014, Golden West Food Group, California introduced Glatt Kosher beef under its brand Certified Angus Beef. The product undergoes two levels of certification, Orthodox Union being one of them.

In April 2016, Migrator, a Russian meat giant, became the first company outside of North America to be certified with Certified Angus Beef. The company is also leading a huge project on legal classification and certification of beef marbling. Organizations have been launching new kosher beef products rapidly. Even bacon-a non-kosher food-has been redesigned. Jack Gourmet’s, a Brooklyn based kosher meat providing organization has been providing cured-beef sausages since 2015 under the name Facon. The process of preparation remains similar to pork sausages and the product tastes fairly similar as well. Similarly, KOL Foods, an organic kosher beef distributor offers beef bacons. The organization sells it with the unique selling proposition of it being less fatty thus, healthier.

Immense support from different governments plays a crucial role in promoting the demand for kosher beef products. Companies from across the globe have come up to grant hechsher to packaged beef. Some of these certifications are Orthodox Union, Organized Kashrut, and Kashrut Division of the London Beth Din.

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Further key findings from the report suggest:

Neck, chuck, and shoulder cut segment is expected to generate a revenue of USD 84.57 billion by 2025
B2B application segment accounted for more than 50% of the global kosher beef market in terms of revenue in 2018
Online distribution channel is projected to exceed a market share of 15% in terms of revenue by 2025
Asia Pacific is expected to foresee a CAGR of 2.6% in terms of volume from 2019 to 2025

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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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Friday, 17 July 2020

Vanillin Market: Industry Analysis and Trends, 2025

The global Vanillin Market size is expected to reach USD 724.5 million by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of food & beverage products has been a key factor driving market growth, globally. In addition, robust growth in various end-use industries such as food & beverage, fragrance, cosmetics, and pharmaceuticals is also fueling the demand.

Vanillin is an essential aromatic compound extensively used to enhance the aroma and flavor of the different end-use products. Vanilla beans constitute pleasant smell, that occurs naturally in vanilla beans. It is widely used as a flavoring agent in food products and aromatic additives for incense, perfumes, medicines, candles, and air fresheners. Due to the ability to enhance flavor in food products coupled with low-calorie content and high availability of antioxidants in vanillin, its demand from the food & beverage segment is anticipated to increase over the forecast period.

Food & beverage accounted as the largest end-use segment in 2016 and is anticipated to grow significantly over the upcoming years. Growing demand for various food products is encouraging manufacturers to produce vanillin products from a sustainable source.

The fragrance segment is expected to witness the fastest growth in terms of volume over the forecast period with an estimated CAGR of 6.0% from 2017 to 2025. Increasing consumer spending on beauty and personal care products along with growing usage of aromatic products in various fragrance application products are anticipated to fuel the growth of the vanillin market over the forecast period. In addition, increasing usage of fragrance products in emerging economies such as India, China, the U.S., and Brazil is expected to increase the demand further.

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Further key findings from the report suggest:

The global vanillin demand was 18,653.9 tons in 2016 and is expected to grow at a CAGR of 6.2% from 2017 to 2025. Food & beverage emerged as the largest end-use segment in 2016 and is estimated to generate revenue worth USD 448.5 million by 2025.
Global demand in fragrance was USD 106.6 million in 2016 and is anticipated to witness staggered growth over the next eight years. The U.S. market in the pharmaceutical segment was 446.7 tons in 2016 and is estimated to reach a total volume of over 617.7 tons by 2025
The industry in the Asia Pacific is projected to witness substantial growth over the next eight years owing to robust growth in various end-use industries, especially in the food & beverage market. In terms of revenue, the APAC market is expected to grow at a CAGR of 7.6% from 2017 to 2025
Key players including Evolva S.A., Solvay S.A., International Flavors Fragrances, Inc., De Monchy Aromatics and Comax Flavors dominated the global market while accounting for over half of the total volume in 2015

Related Reading @ https://www.grandviewresearch.com/blog/vanillin-market-size-share

Tuesday, 9 June 2020

Snack Bars Market Size Worth $31.60 Billion By 2025 | CAGR: 6.64%

The global Snack Bars Market size is projected to reach USD 31.60 billion by 2025 expanding at a CAGR of 6.64% from 2019 to 2025, according to a new report by Grand View Research, Inc. Changing consumer lifestyles and food patterns are expected to drive the demand for convenient food products, such as snacks bar. The richness of fiber and iron in granola/muesli bars has made it the dominant product segment of the global market. Whereas, increasing awareness about the health benefits offered by energy and nutrition bars lists it as the fastest-growing product segment.

Supermarkets/hypermarkets hold the dominant market share as these stores have a variety of products at discounted prices. However, the online distribution channel is projected to emerge as the fastest-growing segment over the forecast period. Developed countries, such as U.S, Japan, and China, have well-established markets for healthy bars. On the other hand, emerging countries like India can offer new growth opportunities for the global market. Increasing population and awareness regarding health and fitness programs is also likely to boost the market.

Business expansions and product launches are the major strategies adopted by key companies in this market. For instance, a Russian company called Bio Food Lab will expand its business in emerging countries of APAC. Kellogg’s launched special K-bars. Availability of substitutes of these nutritious foods in the market may have a negative impact on the market growth. North America is the dominant regional market followed by Europe.

Asia Pacific is said to be the fastest-growing region due to rising popularity of sports as career option and increasing disposable income and number of nuclear families in the region. Companies such as Quaker Oats, Kellogg’s, Nature Valley have a prominent share in the market Manufactures are focusing upon improving a variety of snack bars. The merger of KIND Bars with Mars; a prominent player in the market, has increased its presence of these products to drive the product variety in the market.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/snack-bars-market

Further key findings from the study suggest:

North America led the global snack bars market in 2018. The region is said to maintain its dominance over the forecast years due to the strong presence of prominent companies
Asia Pacific it is expected to witness the fastest market growth from 2019 to 2025 due to increasing health consciousness and product awareness in emerging economies like India
The industry is highly competitive. Key companies including Nature Valley, Kellogg’s, Alpen And Jordan, Quaker Oats, Kind Bars, Cliff Bars, Earnest Eats, Mars, Oriole Healthy Foods, And the Hain Celestial Group

Wednesday, 6 November 2019

Swine Feed Market Share, Trends, Overview and Future Scope, 2025

The global Swine Feed Market size is expected to reach USD 135.7 billion by 2025, accelerating at a CAGR of 3.5% over the forecast period, according to a new report by Grand View Research, Inc. Focus on improving the overall quality of pork has been a critical factor, which is triggering the demand for the product.

Increasing awareness among consumers concerning the quality of pork is compelling swine farmers to utilize additives that keep swine healthy as well as immune to diseases and disorders. Also, the use of enhanced additives is expected to reduce the occurrence of infections as well as illnesses in swine, thereby contributing to the increasing demand for the product worldwide.

Manufacturers in the market are constantly evaluating techniques to enhance growth performance as well as lower product costs. Physical forms, such as mash, crumbles, and pellets, play a crucial role in determining the quality and yield of pig meat. Rising urbanization and establishment of fast food restaurant chains are expected to augment the demand for pig meat.

The trend is becoming increasingly prevalent in the emerging economies of Asia Pacific including China, India, and Malaysia. Population growth is another key factor that is expected to drive meat consumption globally. These factors together are expected to augment the demand for animal proteins, which, in turn, is likely to propel the demand for the product and additives over the forecast period.

The U.S. and China emerged as the most prominent regions for the market in 2018. Market growth in these countries can be attributed to the abundant availability of raw materials along with increasing consumption of meat byproducts. Fluctuation in the prices of major raw materials, such as corn and soybean and swine feed additives, is projected to hamper the market growth over the forecast period.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/swine-feed-market

Further key findings from the report suggest:

In terms of revenue, Asia Pacific emerged as the fastest-growing regional market across the globe in 2018
Amino acids segment emerged as the prominent additives segment, in terms of volume, in 2018 with a market share of 24.1%
Asian countries, especially India and China, are likely to witness remarkable growth rate over the forecast period owing to increasing meat consumption
The swine feed market is fragmented and competitive with the presence of major global players such as AFB International, Alltech, Evonik, DSM, Nutreco N.V., Archer Daniels Midland, and Cargill.

Tuesday, 30 April 2019

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.

Browse Detailed TOC of this Report @ https://www.hexaresearch.com/research-report/squalene-market

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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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Monday, 22 April 2019

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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Wednesday, 17 April 2019

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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