Fat Replacers Market Will Reach Height of USD 2.79 billion By 2025

Rising personal disposable income and growing product penetration across the globe is predicted to drive the growth of fat replacers industry during the forecast period.

The global Fat Replacers Market size is expected to value at USD 2.79 billion by 2025. The market is subject to witness a substantial growth due to the increasing demand for low-calorie dietary products and advanced food ingredients. Rising personal disposable income and growing product penetration across the globe is predicted to drive the growth of fat replacers industry during the forecast period.

Increasing demand from food & beverage industry, recent technological advancement in manufacturing methodologies, and growing influence of latest health & wellness trends are complementing market growth of fat replacers, in the recent years. Globally, the fat replacers market is predicted to grow at CAGR of 6.2% in the forecast period, providing numerous opportunities for market players to invest for research and development in the fat replacers industry.

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Growing consumer base and increasing per capita income among individuals, and improved products quality are some of the key factors driving market growth over the forecast period. Moreover, strict laws and regulation regarding manufacturing processes, excessive consummation of high-calorie food products, changing lifestyle patterns, and growing health concerns are driving market progress. Increasing adoption in dairy and bakery products, and robust growth of beverage industry is anticipated to augment market expansion in the upcoming years.

Changing food patterns and increasing demand for packaged and processed foods that offer convenience and safety are bolstering overall market value for fat replacers. Addition of fat replacers in the global food supply chain to meet the nutritional requirement and improve life span of the product, are positively affecting the market performance of fat replacers. Other factors such as high penetration of organized retail sector in urban as well as rural areas on global scale is augmenting the market growth, in recent years.

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The fat replacer market is broadly categorized into three major segments based on the product type such as carbohydrate-based fat replacers, protein-based fat replacers, and lipid based fat replacers. The carbohydrate-based fat replacers is considered as one of the fastest growing segment in the market with substantial revenue generation in the last few years. Growing popularity of the carbohydrate-based fat replacers segment is attributed to the rise in the number of application in frozen desserts & meat and baked goods. The protein-based fat replacers segment has also witnessed substantial growth owing to the extensive use in the dairy beverages and frozen desserts.

The fat replacers industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in food & beverages industry, changing food habits, and existence of well-established manufacturing infrastructure.

Asia-Pacific region is predicted to hold major market share in the fat replacers market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rising personal disposable income, increasing consummation of confectioneries and dietary processed food products, ever-growing population and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the fat replacer industry are Cargill Inc., FMC Co., Archer Daniels Midland Company, Inc., Ashland Global Holdings, Inc., Kerry Group plc, DKS Co., Ltd., and Agritech Worldwide Inc.

White Oil Market Will Reach Height of USD 2.60 billion By 2025

White Oil is a colorless petroleum distillate, especially liquid paraffin, used therapeutically and in the plastic and food industries.

Global White Oil Market is anticipated to reach USD 2.60 billion during the forecast period. White Oil is a colorless petroleum distillate, especially liquid paraffin, used therapeutically and in the plastic and food industries. The factors that propel the growth of the White Oil Market include vertical growth mainly in the developing countries. Global White Oil industry 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. The market may be explored by product type, application, grade type, and geography. The industry may be explored by product type as Naphthenic, light paraffinic, and Heavy paraffinic.

The key applications that could be explored in the white oil industry include Personal care and cosmetics, Polymers, Pharmaceutical, Textiles, Food and beverages, Adhesives, and Others. The “Pharmaceutical” segment led the White Oil Market in 2017 and is anticipated to maintain its dominance by 2024 owing to improved application as a lubricant in pharmaceutical industry instruments, base materials for ointments and oil and others. The White Oil industry could be explored based on grade type as Pharmaceutical, and Industrial

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Asia-Pacific accounted for the major share of the White Oil Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include higher growth rate than the other regions, and development in agriculture, textile, cement industry.

Some of the key players that fuel the growth of the white oil industry comprise British Petroleum, Sasol, Sonneborn, Inc., Sinopec Corporation, Seojin Chemical Co., Ltd., Exxon Mobil Corporation, Nynas AB, Renkert Oil, Inc., Petro-Canada, JX Nippon Oil & Energy Corporation, and Royal Dutch Shell N.V. 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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Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)
    • Adhesives
    • Agriculture
    • Food
    • Pharmaceutical
    • Personal Care
    • Textile
    • Polymers
    • Others

Argan Oil Market Will Reach Height of USD 1.79 billion By 2025

What is an Argan oil?

Argan oil is a natural material extracted from the oleaginous almond of Argan tree, which is rich in fatty acids, and other important nutrients beneficial for human health. Over the years, argan oil is emerging as a food delicacy and as an anti-aging skin cosmetic product. It is found in specialty shops in both rural and urban markets in Europe and is known by a lesser population.

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Additionally, there are numerous internet websites, which deal in argan products through online. However, the oil is regarded as ‘world’s most expensive vegetable oil’. The growing acceptance for argan oil in the skin and food industry is expected to drive argan oil market with a CAGR of 19.6% in the forecast period.

The growing health awareness among consumers regarding healthy oils majorly impacts the market. The wide applications of this oil in multiple industries is also fueling argan oil industry globally. Mass-market penetration is resulting in introduction of new products in retail sector across various regions. Rising focus on research & development has led to modernizations in the product line and has augmented the market share of oil in the global market. The rise in market demand for food items with greater nutritional value supports the sale of argan oil worldwide, creating a positive impact on the market.

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Among the several sources of argan oil, natural sourced argan oil is projected to hold the larger share. Moreover, owing to the increased demand for chemical-free products, the sale of argan oil is predicted to experience an upsurge. The industry is also fueled by the growing interest for hair & skin products.

Besides, increasing awareness among consumers due to the advantages offered by argan oil is expected to drive argan oil market in the near future. Also, the growing interest for enhanced vitamins and supplements among consumers in products from sustenance and refreshments to personal care products is predicted to boost the market development in the coming years. Nevertheless, the cost of argan oil and non-accessibility of retail locations are few restrictions to the market. Argan oil restricts its selection among purchasers, which adds to the limitations of argan oil industry.

Argan oil market is categorized on the basis of application and geography. On the basis application, the market is divided into food, cosmetic and medical. Owing to the growing need for cosmetics products, cosmetics industry is expected to dominate the market in the coming years.

What are top Argan oil industries?

Geographically, Argan oil industry is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Middle East & Africa is predicted to hold larger share of the market owing to the higher cultivation of oil. The key players of Argan oil industry are ARGANisme Cosmetics S.A.R.L, Argan Diva, OLVEA Morocco, Saadia Organics, Essence OfArgan, NadifiArgan, Biopur, Josie Maran Cosmetics, Argan Liquid Gold, and Zineglo

UAE Palm Oil Market Is Mushrooming Worldwide From 2021

What is a Palm Oil?

Palm oil is an edible vegetable oil derived from the mesocarp of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel.

The UAE Palm Oil market is expected to witness a positive CAGR in the forecast period. UAE palm oil market is driven by rise in usage of renewable and Ayurvedic products along with rise in exports business with neighbouring regions. Access to free trade zones and rise in demand for international beauty products in the recent times has led to a remarkable CAGR.

In addition, UAE are benefiting from entry of new players owing to tax benefits and reasonable tariffs pertaining to imports have added to the market growth. Rising awareness regarding advantages pertaining to the use of natural products leads to significant expansion in the cosmetics industry.

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Product segment for UAE palm oil market includes palm kernel and crude palm oil. Crude palm oil is further segmented into olein, stearin, and RBD. Crude palm oil is one of the fastest growing segments in the UAE market.RBD is widely used in bakery and food processing.

Application segment for UAE palm oil market includes edible oil, bio-diesel, cosmetics, surfactants and lubricants. Edible oil segment accounts for a stronger CAGR in the forthcoming period and is estimated to maintain the competitive advantage owing to rapid expansion in food & beverage sector. Cosmetics account for a second position in the UAE market growth owing to rise in demand for international beauty products and UAE being an enormous market hub.

The key players in the UAE palm oil industry include ACCL International, Nuha General Trading Co, Omani Vegetable Oil Derivatives Co. LLC, Abu Dhabi Vegetable Oil Co., Amira Nature Foods Ltd., AA Middle East FZE, FELDA IFFCO, General Trading LLC, United Foods Company (UFC), AJWA MIGOP, Zakaria&Ghaniwala and HAS Commodities Ltd.

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Types of Products:

    • Crude palm oil
        • RBD palm oil
        • Palm stearin
        • Palm olein
    • Palm kernel
        • Palm kernel oil
        • Palm kernel cake

Application:

    • Edible oil
    • Cosmetics
    • Biodiesel
    • Lubricants
    • Surfactants
    • Other

Protein Engineering Market Will Reach Height of USD 3.09 billion By 2025

What is a Protein engineering?
Protein engineering is a method to design novel proteins or enzymes with the intention to have functional properties

What is a Protein engineering?

Protein engineering is a method to design novel proteins or enzymes with the intention to have functional properties. Protein engineering is primarily based on the use of recombinant DNA technology to alter the amino acid sequences in terms of affinity, solubility, activity, resistance, etc.

The factors that propel the growth of the Protein Engineering industry include increasing occurrence of lifestyle associated diseases, increasing consciousness regarding healthcare, increasing healthcare expenditure, and growing adoption of protein-based drugs. On the other hand, there are factors that may hamper the growth of the market including lack of skilled expertise, maintenance, and high price of tools as well as instruments utilized during protein engineering. Protein Engineering Market is anticipated to grow at a significant CAGR of 15.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The market may be explored by product type, technology, protein type, end users, and geography. The market may be explored by product type as services and software, instruments, and reagents. The “Instruments” segment dominated the market in 2016 and is anticipated to maintain its dominance in the forecast period.

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The key technologies that could be explored in the Protein Engineering industry include Irrational Protein Design, and Rational Protein Design. The “Rational Protein Design” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025 owing to highly accepted technology in the market in 2014. This huge share could be ascribed to its advantages over irrational protein design technology.

The Protein Engineering Market could be explored based on protein type as Insulin, Erythropoietin, Vaccines, Monoclonal Antibodies, Interferon, Growth hormones, Colony Stimulating factor, Coagulation Factor, Others (Follicle Stimulating Hormones, Enzyme Replacement, and Interleukins). The “Monoclonal Antibodies” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025 owing to increase in acceptance for several treatments such as autoimmune diseases, and cancer.

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Protein Engineering industry could be analyzed by end user as contract research organizations, academic research institutes, and pharmaceutical & biotechnology companies. The “Pharmaceutical and Biotechnology Companies” segment dominated the market. The factors contributing to the dominant share include increase in R&D funds in the pharmaceutical segment, and technological advancements in protein engineering.

North America is anticipated to hold the major share of the Protein Engineering Market. The factors that attribute to the dominant share include growing occurrence of diseases and rising adoption of protein-based drugs in the region. The North American market is followed by Europe. On the other hand, Asia Pacific is estimated to show high growth rates in the upcoming period in the global market. In the Asia Pacific region, countries such as China and India are expected to be the fastest-growing markets.

Some of the key players that fuel the growth of the Protein Engineering industry comprise Eli Lilly and Company, Thermo Fisher Scientific Inc., Merck KGaA, Bruker Corporation, PerkinElmer Inc., Agilent Technologies, Waters Corporation, Novo Nordisk A/S, Bio-Rad Laboratories Inc., Amgen Inc., and among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Technology Outlook (Revenue, USD Million, 2014 – 2025)
    • Rational Protein Design
    • Directed Evolution
    • Hybrid Approach

Product Outlook (Revenue, USD Million, 2014 – 2025)
    • Instruments
    • Reagents
    • Software & Services

Protein Type Outlook (Revenue, USD Million, 2014 – 2025)
    • Insulin
    • Monoclonal Antibodies
    • Vaccines
    • Growth Factors
    • Colony Stimulating Factors
    • Coagulation Factors
    • Interferon
    • Others

Breakfast Cereal Market Is Rapidly Escalating Due To Growing Inclination toward Western Dietary Forms

Shifting breakfast habits and demographics across the developing countries have been acting as the foremost development drivers for global demand

What is a Breakfast Cereal?

Cereal, often called breakfast cereal, is a traditional breakfast food made from processed cereal grains. It is traditionally eaten as part of a balanced breakfast, or a snack food, primarily in Western societies.

Global Breakfast Cereal Market is anticipated to generate higher revenue in the forecast period. The market is anticipated to grow at a higher rate in the years to come. Shifting breakfast habits and demographics across the developing countries have been acting as the foremost development drivers for global demand of the market. The growing inclination toward western dietary forms has additional led to the development of Breakfast Cereals industry off late.

Cereal

The extensive variety of substitute breakfast items pertaining to every region and low-cost breakfast choices may produce hindrances for the development of the Breakfast Cereal. The breakfast cereals market has a chance to rise at a substantial rate owing to the constant invention in the flavors and presence organic ingredients in breakfast cereals and it is anticipated to grow at a significant CAGR of 4.3% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Breakfast Cereal industry may be explored by type, distribution channel, and geography. The market may be explored by product type as (RTE) Ready to Eat, Hot Cereal. Ready-to-Eat (RTE) segment is estimated to account for the highest growing segment in the forecast period. The segment is estimated to continue its topmost position, accounting at the CAGR of 68.0% of the total revenue share during the years to come. The segment mainly comprises cookies & biscuits, bars, cornflakes and others. Increasing demand for on-the-go meal options is propelling the consumption breakfast cereal bars as well as biscuits. Furthermore, growing consciousness concerning fast, easy and cost-effective meal options accessible by RTE cereal group is improving the overall market.

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Breakfast cereal market may be explored by Distribution Channel as Convenience stores, Supermarket, E-commerce, and others. The supermarket segment dominated the segment distribution channel in the breakfast cereal industry in 2016. And it is anticipated to maintenance its dominance till 2025. The sharp rise of supermarkets worldwide in the years to come. Primarily, their occurrence was focused in established countries of North America and Europe, but now they have extended their occurrence across Asia Pacific and the Middle East and Africa.

North America accounted for the major share of the global breakfast cereal market size analysis in 2016 and will continue to rule the roost in the forecast period. This inclination is anticipated to stay in the upcoming period due to the rising health concerns and growing health problems such as obesity, diabetes, and digestive disorders. Furthermore, packaging & product innovations coupled with high acceptance amount of new products in economies in the region are projected to play a vital part in growing the demand for the product over the upcoming period. Some of the key players that fuel the growth of the breakfast cereal industry include B&G Foods Inc.; Bagrrys India Ltd.; Marico Limited; Pepsico, Inc., Kellogg Company; Nestlé S.A.; and General Mills, Inc. 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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Breakfast Cereal Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • Ready-to-eat (RTE)
    • Hot cereals

Breakfast Cereal Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • Supermarket
    • Convenience Stores
    • E-Commerce
    • Others

Breakfast Cereal Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • U.K.
        • Germany
        • France
    • Asia Pacific
        • China
        • India
        • Australia
    • Central & South America
        • Brazil
    • Middle East & Africa

What is a Fatty Alcohols, benefits, top companies, regional demand 2021

Increasing demand for recyclable and maintainable products because of decreasing production of petrochemicals is projected to go on as an important motivating factor for international business of fatty alcohols.

What is Fatty Alcohols: It is derived from natural fats and oils. They are components also of cosmetics, foods, and as industrial solvents. Due to their amphipathic nature, fatty alcohols behave as nonionic surfactants.

The global Fatty Alcohols Market is estimated to develop at a substantial CAGR for the duration of the prediction. Increasing demand for recyclable and maintainable products because of decreasing production of petrochemicals is projected to go on as an important motivating factor for international business of fatty alcohols. Instable charges of petrochemical-oriented products because of inequities in the source and demand, increases worries for the international chemical manufacturing. This has encouraged transferal in the direction of bio-centered chemicals manufacturing.

Growing worries about the consequence of petrochemicals on the atmosphere have encouraged the usage of bio created, justifiable chemicals. To decrease dependence on the petrochemicals and to reduce the carbon impression, businesses have moved their emphasis in the direction of improvement of recyclable products and base chemicals over biocentered raw materials.

What are fatty alcohols used for?

In personal care products like skin lotions and creams, cetyl alcohol serves as a thickening agent and emulsifier, to help keep product ingredients.

Fatty alcohols are not irritating and, in fact, can be beneficial for  As far as your skin is concerned, fatty alcohols are about as related to skin-damaging alcohol/ethanol as a martini is to a cup of olive oil.

Used as skin care cream thickener good for dry skin

The fatty alcohols are eco-friendly in nature, serve the same purpose as petrochemicals, and are a price effective substitute to the petrochemicals. Growing source of supportable raw materials in the form of oilseed is projected to influence absolutely. This is sequentially estimated to deliver extensive prospects for downstream uses and therefore upsurge market infiltration. Most important sources consist of palm oil, rapeseed oil, sunflower oil, tall oil, safflower oil, beef tallow and soybean oil.

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The fatty alcohol market on the source of Type of Application could span Amines, Personal Care, Lubricants, Detergents & Soaps. The subdivision of Detergents & Soaps was the biggest type of application in 2017. Increasing populace in Asia Pacific is expected to increase demand for detergents & soaps above the prediction period.

The fatty alcohols market on the source of Type of Product could span C15 to C22, C11 to C14, C6 to C10.The fatty alcohols C11 to C14arose as the most important subdivision of the products in 2017. Growing demand, particularly in Asia Pacific, is estimated to motivate the market for the subdivision above the prediction period. C11 to C14 fatty alcohols are utilized for Sodium Laureth Ether Sulphate [SLES], an important means of lathering, set up in shampoo preparations and body wash. C15 to C22 fatty alcohols are likely to observe the maximum development above the following years. Growing application range of the specific section of the product is expected to be the most important motivating feature for the market above the prediction period.

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The fatty alcohol 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, Europe, Asia Pacific, Central & South America and Middle East &Africa.

By the source of geography, the Asia Pacific market for fatty alcohols was responsible for maximum stake of the international capacity during past year. Growing demand for the Detergents & Soaps because of growth in populace and augmented per head earnings in the area are likely to motivate the demand in this area. The Asia Pacific is estimated to be the speedily developing provincial market.

The market for fatty alcohols in Europe is likely to drop stake to high growing areas for example Central & South America and Asia Pacific. The unclear financial condition in the area together with decreasing development in most important downstream businesses, is estimated to take an adversarial influence on the market. The fatty alcohols industry in North America is expected to observe regular development above the prediction period due to growing demand for the biocreated product because of increasing consumer alertness together with strict rules, projected to power demand in the area.

The statement revises Trades in terms of intake of fatty alcohols in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Emery Oleo chemicals, Eastman Chemical Company, BASF SE, Eco green Oleo chemical, and Croda International.

Additional companies operating in the field are Zhejiang Jiahua Energy Chemical Industry Co., Ltd., Vvf Ltd, Teck Guan Holdings, Sabic, Procter & Gamble, Oleon NV, Musim Mas Holdings, KH Neochem Co., Ltd., Godrej Industries Limited, Cremer Oleo GmbH& Co. Kg, Wilmar International Ltd, Timur Oleo chemicals, Sasol, Royal Dutch Shell Plc, Oxiteno, New Japan Chemical Co., Ltd., Kuala Lumpur Kepong Berhad [Klk], Jarchem Industries, Inc., Global Green Chemicals Public Company Limited, Berg + Schmidt GmbH& Co. Kg and Arkema S.A.

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Vietnam Animal Feed Additives Market Is Burgeoning Worldwide By 2025

In the past consumers largely depended on pork meat for nutritional needs. Rise in per capita income and modern methods of cattle rearing is likely to uplift the market conditions.

Vietnam Animal Feed Additives Market is anticipated to rise at a staggering CAGR during the forecast period. The shift in trend to consume poultry and cattle meat is gaining a high traction in Vietnam. In the past consumers largely depended on pork meat for nutritional needs. Rise in per capita income and modern methods of cattle rearing is likely to uplift the market conditions.

Rise in funding and research & development help in driving the production thereby adding sustainability in the regional market. Vietnam’s total market share in APAC is much higher as compared to India and China. In the recent years imports for animal feed have increased, which is normally routed through neighbouring countries.

Vietnam animal feed additives market is driven by rise in per capita meat consumption and significant growth in the last few years. Rising requirements for meat and meat products is likely to propel the market growth during the forecast period. Significant opportunities in the meat export is likely to propel the market scenario during the forecast period. Flexibility in trade agreements and regulatory policies have standardized feed additives quality aligned with U.N standards. Development of feeding applications for animal feeds is gaining a higher traction during the forecast period. 

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Product segmentation for Vietnam animal feed additives market entails vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers and antibiotics. By application, the market segmentation comprises cattle, poultry and pork. Poultry and pork segments account for a higher CAGR for the estimated period. Commercial animal feed additives market comprise fodder and forage.

The key players profiled in the Vietnam animal feed additives industry report are Vedan Enterprises Co Ltd, EZ Nutrition Way Co, Hong Ha Nutrition JSC, Ajinomoto, BCargillInc, BASF SE, Anova, CP Group, Anthruc Co Ltd and DSM.

Market Segment:

Vietnam Animal Feed Additives Product Outlook (Revenue, USD Million, 2012 – 2022)
    • Antibiotics
    • Vitamins
    • Antioxidants
    • Amino Acids
    • Feed Enzymes
    • Feed Acidifiers
    • Others

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Vietnam Animal Feed Additives Application Outlook (Revenue, USD Million, 2012 – 2022)

    • Pork/Swine
    • Poultry
    • Cattle
    • Others


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Frozen Food Market Attain Height of USD 360.36 billion Worldwide

Frozen food products are able to retain maximum vitamins and minerals.

The global Frozen Food Market size is expected to value at USD 360.36 billion by 2024. The market is subject to witness a substantial growth due to the changing lifestyle patterns, shifting preferences among consumers towards ready-to-cook meals, increasing demand for convenience food, and growing focus towards hygienic food products. Frozen food products are able to retain maximum vitamins and minerals.

The freezing allows longer shelf life for the food products and limits any form of microbial growth that leads to food spoilage. In addition, increasing penetration by e-commerce retail stores is expected to fuel the growth of frozen food industry in the upcoming years. Increasing demand form staple food products from developed economies across the globe is propelling market growth as well, in the recent years. Globally, the frozen food market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the industry.

Advanced freezing techniques not only extends life span of the food products but also maintains their nutritional value. Increasing demand for frozen fruits and vegetables from developed and developing economies is expected to positively affect market performance of frozen food industry in the upcoming years. Furthermore, emergence of advanced refrigeration media for commercial and industrial application is predicted to boost market growth over the forecast period. Increasing import and export activities for frozen food products such as chilled beef products, frozen pizza, frozen fruits & vegetable, and many more, is expected to foster market growth. Rising import activities the China and India is bolstering market growth in the upcoming years.

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However, higher quantity of sodium and preservatives coupled with high-calorie value of the food product are projected to hamper the market growth to a certain extent. In addition, lack of availability of proper distribution channels and freezing facilities in rural areas of both developing and developed economies is limiting market progress, in the recent years. Yet, recent R&D activities by numerous large-scale packaged food manufacturers and advancement in freezing are estimated to offer lucrative growth opportunities for market players in the upcoming years.

Additionally, increasing penetration of large retail chains, supermarkets, hypermarkets, domestic stores and e-commerce websites in both developing as well as developed economies across the globe are expected to boost market demand for frozen food products in the upcoming years. Changing food patterns is one of the critical factor responsible for the expansion of frozen food market, in the recent years. Other factors such as changing lifestyle preferences, growing demand for convenience food, and need for maximizing limited leisure time, are expected to fuel market growth in upcoming years.

Frozen ready-to-cook meals is considered as one of the fastest growing segment in the frozen food industry with substantial revenue generation in the last couple of years. Growing popularity of the frozen ready-to-cook meal segment is attributed to growing popularity based on hygiene and timely preparation. The frozen potato segment has also witnessed massive growth, in the recent years due to rising demand for gluten free food products and high nutritional content.

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The frozen food market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies for production & distribution of frozen food products, and existence of well-established industrial infrastructure in the region. Asia-Pacific region is predicted to hold major market share in the frozen food with massive growth in forecast period. Countries such as India, China, Japan and Singapore are leading the Asia-Pacific market with shifting trends towards convenience food, improved living standard, increasing per capita income, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the frozen food industry are General Mills, Inc., Ajinomoto Inc., Nestle S.A., Unilever Plc, Allens, Inc., The H. J. Heinz Company, McCain Foods Ltd., Dole Food Company, Inc., The Schwan Food Company, Inc., Rich Products Co., and Amy’s Kitchen Incorporations.

Market Segment:

Product Outlook (Revenue, USD Billion, 2014 – 2024)
    • Frozen fruits & vegetables
    • Frozen potatoes
    • Frozen ready meals
    • Frozen meat
    • Frozen fish/seafood
    • Frozen soup
    • Other products

Regional Outlook (Revenue, USD Billion, 2014 – 2024)
    • North America
        • U.S.
    • Europe
        • Germany
        • UK
        • France
    • Asia Pacific
        • Japan
        • China
        • India
    • Central & South America
    • Middle East & Africa

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Food Container Market Is Burgeoning Worldwide By 2025

Food containers come in several size and shape. The plastic, as a raw material used for packaging of food items, differs in purpose.

The global Food Container Market is anticipated to rise at a staggering CAGR in the forthcoming period. Food containers come in several size and shape. The plastic, as a raw material used for packaging of food items, differs in purpose. For instance, PET plastics used for medicine jars, beverage bottles absorbs the odor and food flavors stored within them. As compared to PET, HDPE bottles finds its use especially for milk storage.

The underlying assumption role for food packaging involves protection of food products from outer influences and external damage to the food. Another major purpose in using a food container is to empower customer’s access to ingredient and nutritional information. Overall, the holistic goal of food packaging is to preserve the food in a cost-effective way without disturbing the nutrition level and fulfilling consumer desires.

The market witnessed heavy influences in the past due to rise in large supermarkets owing to increase in purchase of processed food. Rise in migration from rural to urban areas and increase in disposable income positively affected the market growth. Other factors such as maturation of market, convenience of packaging, flexible size and greater consumption of packaged food products contributed to the market growth.

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Food container industry, at present, is driven by significant increase in customer base across the globe, rise in number of women workforce and increasing demand for convenient food packaging across the globe. Change in lifestyle and rising innovation to produce convenience food products in emerging economies pumps the market growth.

Rising importance of flexible packaging in the nutrition industry revealing excellent properties such as flavor retention, heat insulation and moisture resistance is anticipated to drive the market growth in the forecast period. Product segmentation for food container market includes paperboard, rigid packaging, flexible packaging, metal and glass. Flexible packaging accounts for higher growth in the forecast period due to preferred mode of packaging and consumer demand.

Application segment for food container industry includes grain mill products, bakery, fruits & vegetables and meat processed products. Meat processed products are likely to gain a significant growth in the global market due to increase in demand for meat and meat products.

Geographical segmentation for food container market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America food container industry holds a significant market share in the forecast period due to rise in demand for convenient food owing to presence of a vast workforce.

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Asia-Pacific’s market is anticipated to rise at a higher market position due to presence of a food chain and eateries engaged in food packaging. Middle East and African markets witness a positive traction owing to the rise in consumer base and increased tourism in these regions. The key players in the food container market include Ball Corporation, Silgan, Berry Plastics, Caraustar Industries, Klockner Pentaplast Group, Bemis and Graham Packaging.

Market Segment:

Product Outlook (Revenue, USD Million, 2014 – 2025)
    • Flexible Packaging
    • Paperboard
    • Rigid Packaging
    • Metal
    • Glass

Application Outlook (Revenue, USD Million, 2014 – 2025)
    • Grain Mill Products
    • Dairy Goods
    • Fruits & Vegetables
    • Bakery Products
    • Meat Processed Products
    • Others

Regional Outlook (Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • UK
    • Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • MEA

Read more insights on @

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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