Category: Consumer Good

Mannitol Market Will Generate About USD 418.3 million By 2024

Mannitol is used for coating these food items and contains less calories compared to sugar. It is widely used in sugar-free foods due to its non-hygroscopic nature and is consumed largely by the diabetic patients.

Global Mannitol Market is estimated to reach USD 418.3 million by 2024, owing to the increase in demand for confectionary and bakery products like chewing gums, candies, lozenges, etc. Mannitol is used for coating these food items and contains less calories compared to sugar. It is widely used in sugar-free foods due to its non-hygroscopic nature and is consumed largely by the diabetic patients.

Mannitol is a sugar alcohol, which is also used as a medication. It is mostly used as a sweetener in diabetic foods as it cannot be easily absorbed in the intestines. It is widely used in the managing of cerebral oedema and raised intracranial pressure (ICP) for numerous causes. It is also used for renal protection in vascular & cardiac surgery, during renal transplantation and in the management of rhabdomyolysis.

Increasing demand for mannitol in bakery and confectionaries is one of the major driving factors for mannitol market. The rise in demand for low calorie sugars because of growing health awareness is expected to fuel mannitol market in the forecast period. The alternate use mannitol powder as a sweetener is also accelerating the demand for mannitol. Owing to the unique properties of mannitol like good water solubility, low sensitivity towards humidity, cooling sensation in mouth, mannitol is used in pharmaceutical and food industries and is predicted to stimulate mannitol market in the years to come.

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Mannitol also has wide applications in pharmaceuticals as excipients in tablet formulation and helps in curing diseases related to brain and kidney. Therefore, the use of mannitol in pharmaceuticals segment is predicted to rise significantly in future, thereby affecting mannitol market.

The changing lifestyle along with rise in diseases related to sugar consumption in China, Japan and India has strengthened the growth of mannitol market. However, the only challenge to be faced by this market is the slowing down of the global economic growth that negatively impacts the market growth.

The market is categorized on the basis of product, end users, and geography. On the basis of product, market is divided into catalytic hydrogenation technology, natural extraction technology, and others. Based on end users, the market is divided into pharmaceutical industry, food industry, and other applications.

Geographically, the market is segmented as North America, Europe, and Southeast Asia. Owing to the changing lifestyle, Southeast Asia is expected to dominate mannitol market in the coming years. The key players in mannitol market include Cargill, Roquette Frères Company, SPI Pharma, Singsino Group Ltd., Qingdao Bright Moon Seaweed Group Co., Ltd., Hebei Huaxu Pharmaceutical Co. Ltd, Moga International Ltd., Merck Millipore Corporation, Qingdao Yuanrun Chemical Co. Ltd., and Rongde Seaweed Co. Ltd.

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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

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Vetiver Oil Market Will Accomplish Outstanding USD 169.5 Million Figure By 2025

High demand in fragrance industry and in aromatherapy and rising disposable income are documented as major factors of vetiver oil market that are estimated to enhance the growth in the years to come.

Global Vetiver Oil Market is expected to reach 169.5 USD million by 2022. Vetiver Oil is also termed as khus oil is obtained through the steam distillation of the plant’s roots. The oil has a strong initial aroma, which may be spicy, woody, herbaceous, smoky, and earthy. It is mainly used to create body perfumes, oils, room coolers and fresheners, and soap. The oil has soothing and calming properties as it reduces neurotic behavior, dispels anger, and irritability and hysteria. The vetiver oil market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

High demand in fragrance industry and in aromatherapy and rising disposable income are documented as major factors of vetiver oil market that are estimated to enhance the growth in the years to come. Vetiver oil industry is segmented based on form type, application, distribution, and region. Blends, absolute, concentrates are the form types that could be explored in Vetiver Oil in the forecast period.

The market may be categorized based on applications like perfumery, pharmaceutical, therapeutics, toiletries, cosmetics, aromatherapy, air fresheners, food & beverages, and others that may be explored in the forecast period. Pharmaceutical sector accounted for the substantial market share of Vetiver Oil and is estimated to lead the overall market in the coming years.In addition, perfume sector is estimated to grow at fastest pace in the coming years. Online stores, modern trade, specialty stores, and franchise outlets are the distribution channels that could be explored in the forecast period.

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Globally, Europe accounted for the largest market share of Vetiver Oil and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers like perfume and pharmaceutical industry in this region, changing lifestyle, and rising disposable income.

Instead, North America and the Asia Pacific are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Vetiver Oil in this region.

The key players of Vetiver Oil Market are Rajkeerth Aromatics, Unikode S.A., Vee Kay International, Frager S.A., Fleurchem, Inc., Floracopeia, Manohar Botanical Extracts Pvt. Ltd., and KautilyaPhytoextracts Pvt. Ltd. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Vetiver Oil Market Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
    • Fragrance
    • Pharmaceutical
    • Food & Beverage

Vetiver Oil Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
    • North America
        • U.S.
    • Europe
        • France
        • UK
    • Asia Pacific
        • India
        • China
    • Rest of the World (RoW)
        • Brazil

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Rubber Tired Gantry (RTG) Crane Market Achieve Mildstone of US$ 1.64 Billion

It estimated to develop at a substantial CAGR for the duration of the prediction. The progressions in machineries, for example Active Load System [ALS], are likely to power the development of the market above the prediction period.

The global Rubber Tired Gantry (RTG) Crane Market is estimated to touch US$ 1.64 billion by the completion of the prediction period. The market was appreciated by US$ 1.08 billion in the year 2016. It estimated to develop at a substantial CAGR for the duration of the prediction. The progressions in machineries, for example Active Load System [ALS], are likely to power the development of the market above the prediction period. Rubber Tired Gantry [RTGs] prepared by means of Active Load System [ALS] expertise assist in growing the steadiness of the container for the period of transport.

The growing trade by the way of sea owing to speedy industrial development has headed to the progress of port substructure throughout the world. The development in the sea route trade could be credited to the growing populace, particularly in emerging areas. Furthermore, supple tax policy through a number of areas for the importation of merchandises has headed to an upsurge in arriving vessel movement. This encourages the application of robust container handling equipment such as RTGs.

Financially developing nations comprising China, Columbia, Mexico, and India among others, are estimated to deliver sufficient occasions for the development of the market. The growing tendency of transshipments has headed to the growth of port substructure in these areas owing to growth in container circulation. The Rubber Tired Gantry Crane market on the source of Type of Power Supply could span Electric, Diesel, Hybrid. The diesel power-driven Rubber Tired Gantry (RTG) Crane ruled the international market. It was priced at US$ 724.3 million in the year 2016. The subdivision of electric power driven RTG expected to be the rapidly developing sector. Expected to record the CAGR of 9.9% above the prediction period.

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The electric power driven RTGs decrease the necessity for the maintenance of engine parts. They are capable to save engine oil equal to 600 liters per year. They take a lesser maintenance price and abridged down time. The areas like as Europe, wherever the administration has forced firm rules concerning air contamination and discharge mechanism, have observed an improved implementation of electric power driven Rubber Tired Gantry (RTG) Crane. They assists in dropping company expenditures by eradicating the practice of engine and hydraulic oil.

The RTG Crane market on the source of Type could span 16-Wheeler, 8-Wheeler.The subdivision of 16-wheeler RTG is estimated to appear as the speedily developing sector and is supposed to develop at a CAGR of 6.1% during the prediction period. Furthermore, the big number of wheels tips to suitable maneuverability and improved protection of the driver.

The Rubber Tired Gantry (RTG) Crane market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany and Turkey], Asia Pacific [India, Japan, China],Latin America [Mexico, Columbia].

By the source of geography, Middle East Asia [MEA] is estimated to be the speedily developing area, recording a CAGR of more than 5.3% above the prediction period. Asia Pacific ruled the market and prized by more than US$ 486.8 million in the year of 2016.

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The harbors in Europe have accepted electrically powered Rubber Tired Gantry (RTGs) to decrease contamination and release of glass house gas. Government guidelines in this area, for example certification of carbon release in oceanic transport, have permitted the implementation of container handling apparatus, powered by electricity. Additionally, the harbor establishments has permitted making planned investments in the substructure of the harbor owing to the fiscal clarity.

The statement revises Trades in terms of intake of Rubber Tired Gantry (RTG) Crane in the market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Reva Industries Ltd., MI-Jack Products, ElectroMech Material Handling Systems (India) Pvt. Ltd, TNT Crane & Rigging, Konecranes, Shanghai Zhen Hua Heavy Industries Co., Ltd, Kalmar, Liebherr, SANY GROUP and Anupam Industries Limited.

Market Segment:

RTG Crane Type Outlook (Revenue, USD Million; 2014 – 2025)
    • 8-wheeler
    • 16-wheeler

RTG Crane Power Supply Outlook (Revenue, USD Million; 2014 – 2025)
    • Diesel
    • Electric
    • Hybrid

RTG Crane Regional Outlook (Revenue, USD Million; 2014 – 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • Turkey
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Columbia
        • Mexico
    • MEA

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Net-Zero Energy Building (NZEBs) Market Will Accomplish Outstanding USD 205.2 Billion Figure By 2025

It is a building with zero net energy depletion that is the whole amount of energy used by the building on a yearly basis is coarsely equal to the amount of renewable energy formed on the site.

Global Net-Zero Energy Buildings (NZEBs) Market is expected to reach USD 78.79 billion by 2025. Net-Zero Energy Building (NZEBs) is also termed as zero-energy building, zero net energy (ZNE), or net zero building are commercial or residential building with significantly reduced energy need. It is a building with zero net energy depletion that is the whole amount of energy used by the building on a yearly basis is coarsely equal to the amount of renewable energy formed on the site. The Net-Zero Energy Buildings (NZEBs) Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

Net-Zero Energy Building (NZEBs) Market is segmented based on equipment type, services, application, and region. HVAC systems, lighting, walls & roofs, and other equipment types could be explored in Net-Zero Energy Building (NZEBs) in the forecast period. HVAC systems sector accounted for the substantial market share and is estimated to lead the overall market in the coming years.

Consulting & designing and software are the two main services that could be explored in Net-Zero Energy Building (NZEBs) in the forecast period. Software’s are mainly used by consultants, architects, designers, and engineers and comprises of various designing tools like AutoCAD and CAD. The consulting & designing sector accounted for the substantial market share of Net-Zero Energy Buildings (NZEBs). This may be because of growing awareness and high demand for ZNE structures from residential and commercial sectors across the globe. Also, software sector is estimated to grow at steady pace in the coming years.

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The market may be categorized based on applications like residential, commercial, and others that could be explored in the forecast period. The commercial sector accounted for the largest market share of Net-Zero Energy Building (NZEBs) and is estimated to lead the overall market in the coming years. This may be because of high demand from residential area. Commercial building structure includes huge production/.manufacturing plants, institutes, government offices, and corporate offices. The residential sector is estimated to grow at fastest pace in the coming years.

Globally, North America accounted for the largest market share of Net-Zero Energy Building (NZEBs) and is estimated to lead the overall market in coming years. The United States and Canada are the major consumers of overall market in the region. The reason behind the overall market growth could be a strict the United States government policy to accomplish the sustainability of present and new buildings and presence of numerous Net-Zero Energy Building in California.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing population in urban areas, increasing awareness among populace regarding green buildings, and growing investment in infrastructural development. The developing countries as Japan, India, and China are the major consumers of Net-Zero Energy Buildings (NZEBs) in the region.

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The key players of Net-Zero Energy Building (NZEBs) Market are Schneider Electric, Johnson Controls, Siemens AG, SunPower Corporation, Integrated Environmental Solutions, Kingspan Group, and General Electric. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

Market Segment:

NZEBs Equipment Outlook (Revenue, USD Million; 2014 – 2025)
    • Lighting
    • HVAC Systems
    • Walls & Roofs
    • Others

NZEBs Services Outlook (Revenue, USD Million; 2014 – 2025)
    • Software
    • Consulting & Designing

NZEBs Building Type Outlook (Revenue, USD Million; 2014 – 2025)
    • Commercial
    • Residential

NZEBs Regional Outlook (Revenue, USD Million; 2014 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • UK
        • France
        • Italy
        • Spain
        • Sweden
        • Netherlands
        • Norway
        • Finland
    • Asia Pacific
        • China
        • Japan
        • South Korea
        • Singapore
        • Australia
    • South America
        • Brazil
    • The Middle East & Africa

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Laundry Detergent Market Achieve Mildstone of USD 205.2 Billion

The factors that are playing a key role in raising the market share include rise in industrialization in the developing countries, urbanization, product introductions, augmentation in the disposable income, rising demand for eco-friendly liquid laundry detergents, growing penetration of washing machines, mounting demands from the developing nations

Global Laundry Detergent Market is anticipated to reach USD 205.2 billion by 2025. Laundry detergent exist as a dry powder or liquid. Less expensive detergents have no enzymes. The factors that are playing a key role in raising the market share include rise in industrialization in the developing countries, urbanization, product introductions, augmentation in the disposable income, rising demand for eco-friendly liquid laundry detergents, growing penetration of washing machines, mounting demands from the developing nations, rise in the expenditure by the customers, and rising prerequisites among the masses.

On the other hand, there are factors that may hamper the growth of the market including low durability of organic detergents, harmful effects of constituents used in laundry detergents on skin, increasing competition between global and regional companies and continuously fluctuating price of raw materials. Laundry Detergents Market is anticipated to grow at a significant CAGR of 4.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Laundry Detergent industry could be explored by product type, application, sale channel, and geography. The key product type in the market include Powder Detergents, Liquid Detergents, Detergent Tablets, Fabric Softeners, and Others. The “Powder Detergents” segment led the Laundry Detergents Market in 2016 and is anticipated to maintain its dominance by 2025 due to a huge population is based in rural parts and selection of powder-based products over the other products, and consumers’ preference for economical products. “Powder Detergents” segment is followed by “Liquid Detergent” segment. 

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The laundry detergents industry by application could span Industrial or Institutional, and Household. The “Household” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to increasing saturation of washing machines in emerging economies. The laundry detergent industry could be explored based on sale channel as Drugstores and pharmacies, Hypermarkets and supermarkets, and Convenience stores.

Asia-Pacific accounted for the major share of the Laundry Detergent Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increased competition owing to increasing acceptance of regional brands, and growing prominence of regional brands in rural India, emerging economies, mounting disposable income of the population, wider customer base, and enhanced standard of living. Countries including China, and India have been recognized as the important contributors to the market growth.

Some of the key players that fuel the growth of the laundry detergent industry comprise Johnson & Son, Inc., BASF SE, AkzoNobel, DuPont, Unilever, Lion Group, The Dow Chemical Company, Henkel AG, Church & Dwight Co., Inc., Procter & Gamble, and Amway. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Product Outlook (Revenue, USD Million; 2014 – 2025)
    • Powder detergents
    • Liquid detergents
    • Fabric softeners
    • Detergent tablets
    • Others

Application Outlook (Revenue, USD Million; 2014 – 2025)
    • Household
    • Industrial or Institutional

Regional Outlook (Revenue, USD Million; 2014 – 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • Russia
        • UK
    • Asia Pacific
        • China
        • Japan
        • India
    • CSA
        • Brazil
    • Middle East & Africa
        • Saudi Arabia

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Commercial Kitchen Equipment Market Attain Height of USD 112.47 Billion Worldwide

Commercial Kitchen Equipment Market is anticipated to reach USD 112.47 billion by 2025. Commercial cooking equipment are an important part of food processing & service industry. This equipment is commonly used in hotels, restaurants, and the other commercial kitchens for ease in food preparation, and reduction in labor & operational cost and rising concerns regarding food safety will boost the commercial kitchen equipment industry growth in the years to come. Increase in disposable income is bound to boost the market growth.

On the other hand, there are factors that may hamper the growth of the commercial kitchen appliances market such as volatile prices of raw material, and high cost of initial investment in with regards to the production plant. The market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Commercial kitchen equipment industry may be explored by type, end user, and geography. The market may be explored by type as Char Broilers/Broilers/Griddles/Grills, Braising Pans/Tilting Skillets, Cook-chill Systems, Steamers, Fryers, Ovens, Ranges, Cookers, Kettles, and Others. The “Cookers” segment dominated the commercial kitchen equipment market in 2016 and is anticipated to maintain its dominance by 2025 owing to utilization of cookers by several catering companies, end-users, hotels, and restaurants.

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Commercial kitchen appliances industry may be explored by end user as Fast Food Chain (FFC), Café & Bar, QSR, Railway Dining, Institutional Canteen, Ferry & Cruise, Resort & Hotel, Hospital, FSR, and Others. The “QSR” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025. The QSR segment is anticipated to grow at the highest CAGR of 7.5% over the forthcoming period.

North America accounted for the major share of the commercial kitchen equipment market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include surge in the number of fast food outlets due to hectic & busy lifestyle, rise in eating out expenditure, and increase in the number of working women. North America is followed by Europe and Asia-Pacific.

Some of the key players that fuel the growth of the commercial kitchen equipment industry comprise Hamilton Beach, Hobart, Carrier Corporation, Middle by Corporation Company, True Manufacturing, The Vollrath Company, LLC, and AIHO Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Commercial Kitchen Appliances Product Outlook (Revenue, USD Million; 2014 – 2025)
    • Refrigerator
    • Cooking Appliance
        • Cooktop & Cooking Range
            • Induction
            • Gas & Electric
        • Oven
            • Convection
            • Microwave
            • Combination
        • Rice Cooker
    • Dishwasher
    • Others

Commercial Kitchen Equipment Product Outlook by End-Use (Revenue, USD Million; 2014 – 2025)
    • QSR
        • Fast Food Chain (FFC)
        • Café & Bar
    • Railway Dining
    • Ferry & Cruise
    • Institutional Canteen
    • Resort & Hotel
    • Hospital
    • FSR
    • Others

Commercial Kitchen Appliances Regional Outlook (Revenue, USD Million; 2014 – 2025)
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (RoW)

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Global Connected Retail Market to Witness Huge Growth By 2025

“Technological advancements coupled with increasing numbers of IoT that is Internet of Things applications across the retail sector are estimated to drive the growth for the connected retail market.”

Global Connected Retail market size was estimated at USD 11.17 billion in 2014. Technological advancements coupled with increasing numbers of IoT that is Internet of Things applications across the retail sector are estimated to drive the growth for the connected retail market. The industry has progressed significantly in the recent past due to numerous new technological advancements. Internet of things is the concept principally for connecting any device such as coffee makers, washing machines, wearable devices, cell phones, headphones, lamps, and several other things with an on & off switch for the internet connection. The technology is expected to generate opportunities in retail sector by providing advance fraud & theft prevention solutions and inventory management. Moreover, it offers solutions to improve communication between customers and retailers.

BLE that is Bluetooth Low Energy segment is estimated to witness positive growth in the near future due to a surge in installation and technology usage. Bluetooth low energy transmits less data for smaller distances and uses less power compared to Bluetooth. The marketing & retail payments verticals are more and more using BLE technology which is leading to customer loyalty, improved sales, and acquisition. BLE has increased customer engagement & marketing, in its application increasing contactless payments easier. Rapid drop in the components costs such as RFID sensors and tags has positive Impact on the industry growth. Declining RFID cost has increased the demand for RFID components across the retail segment to curtail fraud and theft. Issues pertaining to privacy & security and lack of standards related to IoT are estimated to hamper industry growth over the next eight year period.

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Hardware segment ruled the connected retail market in the recent past. The segment had over 60% of the total market revenue share in 2015, due to the increase in connected devices proliferation at consumer & retailer levels. Furthermore, hardware growth is enhanced by IoT including communication chips and sensors. RFID amongst hardware components is projected to grow at over 23% CAGR. Increase in RFID components adoption in retail owing several advantages they offer which include monitoring customer behavior, preventing theft & fraud, inventory management, and preventing loss. NFC technology is estimated to witness growth at a 22%CAGR due to increasing in cashless payments adaption in the industry. It has several advantageous properties such as security, versatility, and ease-of-use.

Software segment is estimated to witness the positive growth with more than 24% CAGR over the eight year period. Software segment is booming due to increase in number of IoT applications throughout the industry. Retailers are more and more adopting IoT to have more customers’ interaction and gain competitive advantage.  Managed services sector is accounting for more than 40% in 2015, thus is estimated to witness positive growth over the forecast period. It reduces the repeated in-house IT costs and enhances the efficiency. It includes outsourcing the production support activities, support maintenance and lifecycle management activities among several others. As IoT in retail is gaining rapid adaption, retailers are continuously facing data safety threats. Thus, to manage the increasing data base, security, service providers invest heavily for disaster recovery and data protection solutions.

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The services for remote management devices are expected to grow at over 24%CAGR due to rapid growing remote devices adaptation at workplace. This service provides security as it gives secure data access and thus prevents data misuse. North America is expected to dominate the connected retail market at global basis accounting for over 35% revenue share in 2015. Companies from this region, especially U.S. are investing heavily in IoT infrastructure, thus is estimated to drive the regional market growth over the next eight years.

Asia Pacific region is projected to be a booming regional market and is estimated to grow at 25% CAGR over the eight year period. Developing region in Asia Pacific such as India and China are expected to witness huge growth due to the increase in adoption of IoT. Key market players include Microsoft Corporation, Zebra Technologies Corporation, SAP AG, PTC, Inc., IBM, Cisco Systems, Inc., Softweb Solutions, Inc, NXP Semiconductors N.V., Intel Corporation, Google, ARM Holdings PLC and Atmel Corporation. Vendors are implementing strategies such as product innovation & differentiation by investing in research and development processes to gain advantage over its other competitors.

Market Segment:

Connected Retail Solution Outlook (Revenue, USD Million, 2012 – 2022)
        • Hardware
        • Software

Connected Retail Technology Outlook (Revenue, USD Million, 2012 – 2022)
        • ZigBee
        • Wi-Fi
        • Bluetooth LE
        • NFC
        • Others

Connected Retail Service Outlook (Revenue, USD Million, 2012 – 2022)
        • Managed service
        • Professional service
        • Remote device management service

Connected Retail Regional Outlook (Revenue, USD Million, 2012 – 2022)
        • North America
        • Europe
        • Asia Pacific
        • Latin America
        • MEA

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Glycerol Market Projected To Reach Attain Height of 3,469.2 kilo tons By 2024

The global Glycerol demand was 2,247.2 kilo tons in 2013 and is expected to reach 3,469.2 kilo tons by 2020, growing at a CAGR of 6.4% from 2014 to 2020

The global Glycerol demand was 2,247.2 kilo tons in 2013 and is expected to reach 3,469.2 kilo tons by 2020, growing at a CAGR of 6.4% from 2014 to 2020.. The increase in production of oleochemicals coupled with growing downstream opportunities is anticipated to propel market demand over the forecast period. Declining usage of synthetic products such as propylene glycol is likely to fuel consumption of glycerol.

Glycerol also is known as glycerin, it’s a core compound of all triglycerides. Glycerol can be sourced either from artificial or natural means depending on a raw material used in its manufacturing. Glycerol finds its applications in preservatives, antifreeze chemicals, explosives, and food sweeteners due to its chemical properties. Growing healthcare technologies are likely to drive the market growth over the forecast period.

Uncertain feedstock supply, fewer profit margins for refinement processes can act as a restraint to the glycerol market. Unstable government legislations and industry subsidies are affecting the profitability of manufacturers which is expected to have a negative impact on glycerol production.

Source Insights

The major sources of glycerol are biodiesel, fatty acids, and fatty alcohols. In recent times, bio-diesel is the largest source for the production of glycerol. The process of using bio-diesel alcohol in glycerol production is known as transesterification process, which is economical over other synthetic processes. Saponification and hydrolysis are the other methods of glycerol production.

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Application Insights

Pharmaceuticals and personal care were the largest application segment of this market. Glycerol finds its application in skin products owing to its healing properties and nutritive value. It is also used in health products due to its sweet tasting features and laxative properties.

The growing demand for coatings and paints industries is expected to have a positive impact on market demand. Glycerol also finds its applications in explosive production, tobacco humectants, perfume production, and food preserving. Glycerol is the precursor to important chemicals such as 1-3 propanediol, Epichlorohydrin, and Propylene Glycol owing to which the downstream applications of this product have attracted a lot of attention.

Regional Insights

Europe is the largest region in the market due to growing demand in food & beverages, pharmaceuticals, and personal care segments. Its growing application in the production of specialty chemicals such as propylene glycol and epichlorohydrin is driving the demand for this product.

China is likely to consume high glycerol owing to rising production of epichlorohydrin in this economy. The presence of a large number of coatings and paints industries in Asia Pacific is expected to drive the market demand. The rising consumption of cosmetic products and pharmaceutical containing glycerol is likely to witness a significant growth over the forecast period.

Competitive Insights

The key players in the market are Vitusa Product (U.S.), Emery Oleochemicals LLC (U.S.), Cremer Gruppe (Germany), Dial Corporation (U.S.), Kashima Chemical Co., Ltd. (Japan), Sumi Asih Oleochemical Industry (China), Twin Rivers Technologies, Inc. (U.S.), Pt Cisadane Raya Chemicals (Indonesia), Kao Corporation (Japan), Sakamoto Yakuhin Kogyo Company Ltd. (Japan), Pt Flora Sawita Chemindo (Indonesia), Pacific Oleochemicals Sdn Bhd (Malaysia), United Coconut Chemicals, Inc. (Philippines), Croda International Plc. (UK), Archer Daniel Midland (U.S.), IOI Oleochemical Industries Berhad (Malaysia), Dow Chemical Company (U.S.), Godrej Industries Ltd. (India), Kuala Lumpur Kepong Berhad (Malaysia), Solvay SA (Belgium), Procter & Gamble Chemicals (U.S.), Wilmar International (Singapore), Sofiprotéol Group (France), and Cognis Corporation (U.S.), etc.

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Market Segment:

Global Glycerol Market Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
        • Biodiesel
        • Fatty acids
        • Fatty alcohols
        • Soap industry

Global Glycerol Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
        • Personal care & pharmaceuticals
        • Alkyd Resins
        • Foods & beverages
        • Polyether polyols
        • Tobacco humectants
        • Others

Global Glycerol Downstream Opportunities Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
        • Propylene Glycol
        • Epichlorohydrin
        • 1,3 Propanediol
        • Others

Glycerol Market Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 – 2020)
        • North America
        • Europe
        • Asia Pacific
        • RoW

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Global Rice Protein Market Size, Type, Regions, and Major Companies Application To 2025

Rice protein finds its application in the manufacturing of functional foods, dietary supplements, energy bars, and sports & energy drinks, owing to which the demand is expected to grow rapidly over the forecast period.

The global Rice Protein market size was estimated over 11 kilo tons in 2015. Rice protein is an important type of a plant protein and is derived from brown and white rice varieties. The unique amino acid profile of these additives is driving their application in end-use industries such as pharmaceuticals and cosmetics.

Rice protein finds its application in the manufacturing of functional foods, dietary supplements, energy bars, and sports & energy drinks, owing to which the demand is expected to grow rapidly over the forecast period. The absence of artificial sweeteners and chemical additives has led to manufacturers preferring rice protein over soy and whey.

Product Insights

On the basis of protein content and processes, rice protein products are segmented into isolates and concentrates. In 2015, isolates dominated and accounted the majority of the market, in terms of value and volume in product segment. Isolates separate proteins from the foods, resulting in the low amount of fat, fiber, and carbohydrate intake in the final product.

The demand for concentrates is expected to grow rapidly as they are cheaper and possess the ability to replace similar products. Concentrates are proven nutritious and healthier than whey due to which consumers have adopted concentrates over whey. The growing demand for sports nutrition products is expected to further augment demand for concentrates over the forecast period.

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Application Insights

Major applications of rice protein include pharmaceuticals, cosmetics, food & beverages, and animal feed. In 2015, food & beverages application segment dominated the market by accounting over 50% of the global volume. Growing demand for products such as supplements, dairy alternatives, and sports drinks is anticipated to act as a major driver. 

Growing awareness regarding benefits of plant-based medicines is likely to act as a major driver for growing demand in pharmaceuticals. The rising health awareness regarding nutrition-related deficiencies is expected to boost the demand for rice protein in pharmaceutical manufacturing.

Regional Insights

North America accounted for over 47% of global market owing to high demand from food & beverage industry. The presence of a large number of manufacturers coupled with the high adoption rate of new products is expected to boost market growth.

Asia Pacific is expected to be the fastest growing region due to growing disposable incomes in emerging economies of China and India. Increasing awareness regarding healthy lifestyles coupled with growing demand for protein-based nutritional foods is likely to fuel market growth over the forecast period.

Competitive Insights

The key players in the market are Nutrition Resource Inc., Axiom Foods Inc., AIDP Inc., and RiceBran Technologies. The product nature of rice protein is responsible for the industry is highly concentrated and highly competitive.

The key players have adopted inorganic development strategies such as partnerships and agreements with distributors and suppliers to increase market share. Plandai Biotechnology has entered into an agreement with AIDP Inc. to sell their products in developed markets of U.S. and Europe. 

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Market Segment:

Rice Protein Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 – 2025)
       • Rice protein isolates
       • Rice protein concentrates
       • Others

Rice Protein Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 – 2025)
       • Food and beverages
       • Pharmaceutical
       • Cosmetics
       • Animal feed

Organic Rice Protein Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 – 2025)
       • Sports & Energy Nutrition
       • Bakery & Confectionery
       • Meat Analogues & Extenders
       • Dairy Alternatives
       • Others

Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 – 2025)
       • North America
              • U.S.
       • Europe
              • Germany
       • Asia Pacific
              • China
       • Central & South America
              • Brazil
       • Middle East & Africa

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https://latestmarkettrends.news.blog

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

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