Recent Updates
  • The dairy ingredients market size was estimated to account for a value of USD 63.6 billion in 2021 and is projected to grow at a CAGR of 7.2% from 2021, to reach a value of USD 89.9 billion by 2026. The growth of this market can be attributed to the growing protein demand from consumers, they prefer products with dairy ingredients as a source of protein. The market growth in APAC can be attributed to the increasing awareness of health and wellness among the consumers. The continual investment in technological advancement is influencing growth, thereby increasing the sales of dairy ingredients in the near future.

    https://www.globenewswire.com/en/news-release/2022/07/19/2481529/0/en/Dairy-Ingredients-Market-is-Projected-to-Reach-USD-89-9-Billion-by-2026.html

    Dairy-derived ingredients originate from real milk and have real value to consumers from a taste and nutrition perspective. Dairy ingredients derived from milk are available in various types, formats, sizes, and find wide application in food & beverage applications worldwide. Whey products are natural, functional, and high in nutrition, becoming the ingredient of choice for sports and performance product manufacturers. Citing the consumer inclination toward functional foods, whey ingredients are being incorporated in baked goods, confectionery items, beverages, dairy foods, meat products, and most importantly, nutraceuticals. Whey protein isolates and demineralized whey proteins are experiencing bolstering demand due to the high protein level and versatile functionality. Asia Pacific is the largest and fastest-growing market for dairy ingredients.

    By application, the bakery & confectionery segment is projected to dominate the dairy ingredients market during the forecast period.
    Based on applications, the bakery & confectionery segment accounted for the largest share in 2021 due to the multiple applications of dairy ingredients in the bakery industry. Non-fat dried milk and skim milk powder are popular substitutes for fresh fluid milk in the bakery and confectionery sector. Dairy ingredients are also used as claims on packaging to valorize baked goods better. Whey protein ingredients cater to delivering functionality and performance. Since fitness has become the new trend dairy formulations, mostly whey protein are gaining popularity among the younger generation.

    https://www.marketsandmarkets.com/PressReleases/dairy-ingredients.asp

    The increasing demand for dairy ingredients in Asia Pacific is driving the growth of the dairy ingredients market.

    The global dairy ingredients market is dominated by Asia Pacific, which accounted for the largest share. Nowadays, a sedentary lifestyle and a hectic daily routine run parallel to the consumer focus on health, resulting in an extreme workout and heightened dependence on protein supplements. Dairy protein ingredients are being consumed for weight loss and muscle gain and provide maximum nutrition and nourishment. Veganism has captured a large section of the market in Europe and the US; however, dairy being a staple in India, retains its position as the major protein supplement. Globally, whey is being incorporated in the regular diet as natural bioactive substances have a positive influence on an individual’s health.

    Globally, the Asia Pacific market for dairy ingredients accounted for the largest share of nearly 32.84% in 2020.

    The Asia Pacific region is projected to witness the highest growth during the forecast period. A large amount of milk is produced in the country, which gives the dairy ingredients market the potential to grow in the coming years. Owing to this large production, the region has immense potential for exports of dairy ingredients. Rapid urbanization, changing lifestyles, and the inclination of consumers toward nutritious food and beverages also contribute to the growth of the dairy ingredients market. Owing to the increasing consumer demands for convenience food and dairy products in the region, many major players are entering the market.
    The dairy ingredients market size was estimated to account for a value of USD 63.6 billion in 2021 and is projected to grow at a CAGR of 7.2% from 2021, to reach a value of USD 89.9 billion by 2026. The growth of this market can be attributed to the growing protein demand from consumers, they prefer products with dairy ingredients as a source of protein. The market growth in APAC can be attributed to the increasing awareness of health and wellness among the consumers. The continual investment in technological advancement is influencing growth, thereby increasing the sales of dairy ingredients in the near future. https://www.globenewswire.com/en/news-release/2022/07/19/2481529/0/en/Dairy-Ingredients-Market-is-Projected-to-Reach-USD-89-9-Billion-by-2026.html Dairy-derived ingredients originate from real milk and have real value to consumers from a taste and nutrition perspective. Dairy ingredients derived from milk are available in various types, formats, sizes, and find wide application in food & beverage applications worldwide. Whey products are natural, functional, and high in nutrition, becoming the ingredient of choice for sports and performance product manufacturers. Citing the consumer inclination toward functional foods, whey ingredients are being incorporated in baked goods, confectionery items, beverages, dairy foods, meat products, and most importantly, nutraceuticals. Whey protein isolates and demineralized whey proteins are experiencing bolstering demand due to the high protein level and versatile functionality. Asia Pacific is the largest and fastest-growing market for dairy ingredients. By application, the bakery & confectionery segment is projected to dominate the dairy ingredients market during the forecast period. Based on applications, the bakery & confectionery segment accounted for the largest share in 2021 due to the multiple applications of dairy ingredients in the bakery industry. Non-fat dried milk and skim milk powder are popular substitutes for fresh fluid milk in the bakery and confectionery sector. Dairy ingredients are also used as claims on packaging to valorize baked goods better. Whey protein ingredients cater to delivering functionality and performance. Since fitness has become the new trend dairy formulations, mostly whey protein are gaining popularity among the younger generation. https://www.marketsandmarkets.com/PressReleases/dairy-ingredients.asp The increasing demand for dairy ingredients in Asia Pacific is driving the growth of the dairy ingredients market. The global dairy ingredients market is dominated by Asia Pacific, which accounted for the largest share. Nowadays, a sedentary lifestyle and a hectic daily routine run parallel to the consumer focus on health, resulting in an extreme workout and heightened dependence on protein supplements. Dairy protein ingredients are being consumed for weight loss and muscle gain and provide maximum nutrition and nourishment. Veganism has captured a large section of the market in Europe and the US; however, dairy being a staple in India, retains its position as the major protein supplement. Globally, whey is being incorporated in the regular diet as natural bioactive substances have a positive influence on an individual’s health. Globally, the Asia Pacific market for dairy ingredients accounted for the largest share of nearly 32.84% in 2020. The Asia Pacific region is projected to witness the highest growth during the forecast period. A large amount of milk is produced in the country, which gives the dairy ingredients market the potential to grow in the coming years. Owing to this large production, the region has immense potential for exports of dairy ingredients. Rapid urbanization, changing lifestyles, and the inclination of consumers toward nutritious food and beverages also contribute to the growth of the dairy ingredients market. Owing to the increasing consumer demands for convenience food and dairy products in the region, many major players are entering the market.
    WWW.GLOBENEWSWIRE.COM
    Dairy Ingredients Market is Projected to Reach USD 89.9 Billion by 2026
    Versatile and Nutritional Properties of Dairy Ingredients in the Food Industry have been Boosting the Growth Opportunity for the Dairy Ingredients Market...
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  • The cheese market size was valued at US$ 88.7 billion in 2021 and is projected to reach US$ 105.9 billion at a CAGR of 3.6% from 2021 to 2026.

    The global cheese market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. The demand for convenience food and fast food is driving the growth of cheese powder, and the rising demand from developing regions is likely to continue to boost its demand in the near future.

    How big is the cheese market?
    https://www.prnewswire.com/news-releases/cheese-market-worth-105-9-billion-by-2026--exclusive-report-by-marketsandmarkets-301396844.html

    Various forms of cheese products and longer shelf life to augment the demand for cheese products

    The market for cheese products is witnessing progressive growth due to a number of factors. The use of assorted cheese types in various food products in the form of slices, blocks, shredded, and grated forms is driving the market growth. The rapid evolution of the foodservice and food manufacturing sectors is generating a positive outlook for the market in the coming years. The sales of cheese products through the retail channel have witnessed a spike, as an increasing number of households are adopting cheese-based cuisines and recipes in their diets. The availability of cheese products in a variety of formats further promotes market growth. The products are available in wedged, cut, shaved, shredded, cubed, or grated forms. Furthermore, the growing popularity of premium cheese varieties, such as artisan and aged cheeses, is also expected to accelerate the growth.

    https://rupalimnmwork.medium.com/top-driving-factors-of-cheese-market-e7e4ba01d735

    The cheese products segment has been further categorized into solid and semi-liquid types. Solid types of cheese include slices, blocks, shredded, and grated cheese, while semi-liquid types include cream cheese products.

    Europe is projected to reach USD 44.82 billion during the forecast period.

    In 2020, Europe accounted for a market share of 43.7% in the global cheese market. The European cheese market is led by the Germany market. Germany is engaged in the production of most of the types of cheeses, including hard cheese, semi-hard cheese, semi-soft cheese, soft cheese, and fresh cheese. The high volume of cheese production and consumption can be attributed to the varied applications of cheese in ready meals, dips, dressings, and bakery products, which constitute a major chunk of German food.

    The key players in the European market include Glanbia (Ireland), Dalter Alimentari Spa (Italy), Savencia SA (France), and FrieslandCampina (Netherlands).
    The cheese market size was valued at US$ 88.7 billion in 2021 and is projected to reach US$ 105.9 billion at a CAGR of 3.6% from 2021 to 2026. The global cheese market has been influenced by some of the macroeconomic and microeconomic factors witnessed in some key countries. This would prove strong enough to drive the market significantly in terms of value sales during the forecast period. The demand for convenience food and fast food is driving the growth of cheese powder, and the rising demand from developing regions is likely to continue to boost its demand in the near future. How big is the cheese market? https://www.prnewswire.com/news-releases/cheese-market-worth-105-9-billion-by-2026--exclusive-report-by-marketsandmarkets-301396844.html Various forms of cheese products and longer shelf life to augment the demand for cheese products The market for cheese products is witnessing progressive growth due to a number of factors. The use of assorted cheese types in various food products in the form of slices, blocks, shredded, and grated forms is driving the market growth. The rapid evolution of the foodservice and food manufacturing sectors is generating a positive outlook for the market in the coming years. The sales of cheese products through the retail channel have witnessed a spike, as an increasing number of households are adopting cheese-based cuisines and recipes in their diets. The availability of cheese products in a variety of formats further promotes market growth. The products are available in wedged, cut, shaved, shredded, cubed, or grated forms. Furthermore, the growing popularity of premium cheese varieties, such as artisan and aged cheeses, is also expected to accelerate the growth. https://rupalimnmwork.medium.com/top-driving-factors-of-cheese-market-e7e4ba01d735 The cheese products segment has been further categorized into solid and semi-liquid types. Solid types of cheese include slices, blocks, shredded, and grated cheese, while semi-liquid types include cream cheese products. Europe is projected to reach USD 44.82 billion during the forecast period. In 2020, Europe accounted for a market share of 43.7% in the global cheese market. The European cheese market is led by the Germany market. Germany is engaged in the production of most of the types of cheeses, including hard cheese, semi-hard cheese, semi-soft cheese, soft cheese, and fresh cheese. The high volume of cheese production and consumption can be attributed to the varied applications of cheese in ready meals, dips, dressings, and bakery products, which constitute a major chunk of German food. The key players in the European market include Glanbia (Ireland), Dalter Alimentari Spa (Italy), Savencia SA (France), and FrieslandCampina (Netherlands).
    WWW.PRNEWSWIRE.COM
    Cheese Market worth $105.9 billion by 2026 - Exclusive Report by MarketsandMarkets™
    /PRNewswire/ -- According to MarketsandMarkets™, the "Cheese Market by Product Type (Cheddar, Mozzarella, Parmesan, American Cheese, and Blue Cheese), Type...
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  • Nutraceutical Ingredients Market is estimated at USD 185.2 billion in 2022; it is projected to grow at a CAGR of 7.2% to reach USD 261.7 billion by 2027 according to a new report by MarketsandMarkets™.

    The increasing awareness of health & wellness among the consumers and tailored products according to the needs of the targeted audience are driving factors for the growth of the Nutraceutical Ingredients Market. The rising cost of pharmaceutical and hospital expenses are considered as luxury among the majority of the population, increasing the demand for nutraceutical products as they can prevent health problems.

    https://www.prnewswire.com/news-releases/nutraceutical-ingredients-market-worth-261-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301675428.html

    The Food segment by application is projected to have the highest market share in the global nutraceutical ingredient market.

    Research & development on nutraceutical products have been improving innovative products and developing customized products according to the consumer requirements. Products with customized requirements and trending food products would attract more customers. Various companies have understated their customers' needs and have developed nutraceutical products like gummies, lozenges, hard candies, malt powders, nutrient bars, and more. These products are customized according to the health benefit, according to their diet, and more. Hence, their market is estimated to gain more market share in the nutraceutical ingredient market.

    APAC is projected to account for the highest market share in the Nutraceutical Ingredients Market during the forecast period.
    The increased economic growth of the countries in the region and the rise in convenience food consumption due to busy lifestyles have fueled the demand for enriched nutritional food and beverage products in this region. Additionally, rising consumer expenditure on health and wellness products as a result of changing lifestyles and rising disposable income is likely to be a major factor contributing to market growth in the Middle East & Africa and the Asia Pacific.

    What are the ingredients in nutraceuticals?

    https://www.marketsandmarkets.com/Market-Reports/nutraceutical-ingredient-market-1319.html

    The key players in Nutraceutical Ingredients Market include Associated British Foods Plc (UK), Arla Foods Ingredients Group P/S (Denmark), DSM (Netherland), Ingredion (US), Tate & Lyle (UK), Ajinomoto Co., Inc. (Japan), CHR Hansen Holdings A/S. (Denmark), Kyowa Hakko Bio Co., Ltd. (Japan), Glanbia Plc (Ireland), Fonterra Co. Operative Group Limited (New Zealand), Cargill Incorporated (US), ADM (US), International Flavors & Fragrances, Inc. (US), BASF SE (Germany) and Kerry Groups (Ireland). Strategic partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies have helped them to increase their presence in different regions and industrial segments.




    Nutraceutical Ingredients Market is estimated at USD 185.2 billion in 2022; it is projected to grow at a CAGR of 7.2% to reach USD 261.7 billion by 2027 according to a new report by MarketsandMarkets™. The increasing awareness of health & wellness among the consumers and tailored products according to the needs of the targeted audience are driving factors for the growth of the Nutraceutical Ingredients Market. The rising cost of pharmaceutical and hospital expenses are considered as luxury among the majority of the population, increasing the demand for nutraceutical products as they can prevent health problems. https://www.prnewswire.com/news-releases/nutraceutical-ingredients-market-worth-261-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301675428.html The Food segment by application is projected to have the highest market share in the global nutraceutical ingredient market. Research & development on nutraceutical products have been improving innovative products and developing customized products according to the consumer requirements. Products with customized requirements and trending food products would attract more customers. Various companies have understated their customers' needs and have developed nutraceutical products like gummies, lozenges, hard candies, malt powders, nutrient bars, and more. These products are customized according to the health benefit, according to their diet, and more. Hence, their market is estimated to gain more market share in the nutraceutical ingredient market. APAC is projected to account for the highest market share in the Nutraceutical Ingredients Market during the forecast period. The increased economic growth of the countries in the region and the rise in convenience food consumption due to busy lifestyles have fueled the demand for enriched nutritional food and beverage products in this region. Additionally, rising consumer expenditure on health and wellness products as a result of changing lifestyles and rising disposable income is likely to be a major factor contributing to market growth in the Middle East & Africa and the Asia Pacific. What are the ingredients in nutraceuticals? https://www.marketsandmarkets.com/Market-Reports/nutraceutical-ingredient-market-1319.html The key players in Nutraceutical Ingredients Market include Associated British Foods Plc (UK), Arla Foods Ingredients Group P/S (Denmark), DSM (Netherland), Ingredion (US), Tate & Lyle (UK), Ajinomoto Co., Inc. (Japan), CHR Hansen Holdings A/S. (Denmark), Kyowa Hakko Bio Co., Ltd. (Japan), Glanbia Plc (Ireland), Fonterra Co. Operative Group Limited (New Zealand), Cargill Incorporated (US), ADM (US), International Flavors & Fragrances, Inc. (US), BASF SE (Germany) and Kerry Groups (Ireland). Strategic partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies have helped them to increase their presence in different regions and industrial segments.
    WWW.PRNEWSWIRE.COM
    Nutraceutical Ingredients Market worth $261.7 billion by 2027 - Exclusive Report by MarketsandMarkets™
    /PRNewswire/ -- Nutraceutical Ingredients Market is estimated at USD 185.2 billion in 2022; it is projected to grow at a CAGR of 7.2% to reach USD 261.7...
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  • "Food Preservatives Market by Type (Natural, Synthetic), Application (Meat & Poultry & Seafood, Bakery, Confectionery, Snacks, Dairy & Frozen Products, Beverages, Fats & Oils), Functions, and by Region - Global Trends and Forecast to 2026", published by MarketsandMarkets™, the global Food Preservatives Market is expected to grow from USD 3.3 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 4.1% from 2021 to 2026.

    https://www.prnewswire.com/news-releases/food-preservatives-market-worth-4-0-billion-by-2026--exclusive-report-by-marketsandmarkets-301378383.html

    The food preservatives market is dominated by North America and Asia-Pacific. North America is estimated to account for the maximum market share of the global food preservatives market due to advancements seen in the food industries. Consumers in North America are more health-conscious due to awareness and health campaigns run by various organizations. Increasing demand for convenience food products, extended shelf life, and multi-functionality of natural preservatives are driving the food preservatives market. Few restraints are natural preservatives replacing chemicals and high cost of natural preservatives.

    Why food preservatives has the highest demand in the market?
    Food preservatives are widely being used to enhance the shelf-life of processed food products. The demand for food preservatives is high across the globe; this is due to large amounts of retail chains and changing consumer lifestyles, which have fueled the market for processed and convenience foods.

    https://www.marketsandmarketsblog.com/food-preservatives-market-2.html

    Antimicrobial food preservatives, by function, is estimated to account for the largest market share during the forecast period

    The antimicrobial food preservatives account for the largest share, by function, of the food preservatives market, as these preservatives are used to prevent the growth of microorganisms. In the case of packaged foods, common spoilage and pathogenic microorganisms affect the food due to changes in pH value, oxygen content, and storage conditions (temperature, time, and humidity). This leads to the need for food preservatives. Antimicrobials can be added to food product formulations as coating agents and can also be used as packaging materials. The use of antimicrobials prevents bacterial and fungal growth on food items, leading to increased shelf life and convenient availability of the food product to consumers.

    Meat, poultry and seafood products, by application, is estimated to hold the largest share in the food preservatives market during the forecast period

    The meat & poultry segment accounted for the largest share in the global food preservatives market in 2020. Preservatives commonly used in meat, poultry, and egg products, in particular, are BHT and tocopherols (vitamin E). Vitamin E is abundant in whole wheat, rice germ, and vegetable oils. It is destroyed by the refining and bleaching of flour. Vitamin E prevents oils from becoming rancid. Other preservatives used in meat products are citric acid and propyl gallate. Preservatives added to cured meats, bacon, and ground beef are sodium nitrite. Sodium nitrite, when added to meat and fish, destroys toxins and reacts with proteins in the meat. Solutions used by meat processors to improve shelf-life and taste can also help reduce pathogens, including E. coli.

    North America is estimated to hold the largest market share during the forecast period

    The North America market accounted for the largest share in 2020. Consumers in North America are on the lookout for minimally processed convenience foods with long storage lives. This increased demand has heightened the need for the appropriate food safety measures and thus the role of preservatives to extend shelf life has become increasingly critical. The burgeoning demand for such convenience food products is expected to have a high impact on the food preservatives market in North America. With the challenge posed by the growing concern among consumers with respect to chemical methods and additives to enhance food shelf life, manufacturers are exploring the use of newer technologies and additives, which would be efficient alternates to synthetic additives. The popular perception that natural additives are a healthier option is driving the trend in the food preservatives market in North America.



    "Food Preservatives Market by Type (Natural, Synthetic), Application (Meat & Poultry & Seafood, Bakery, Confectionery, Snacks, Dairy & Frozen Products, Beverages, Fats & Oils), Functions, and by Region - Global Trends and Forecast to 2026", published by MarketsandMarkets™, the global Food Preservatives Market is expected to grow from USD 3.3 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 4.1% from 2021 to 2026. https://www.prnewswire.com/news-releases/food-preservatives-market-worth-4-0-billion-by-2026--exclusive-report-by-marketsandmarkets-301378383.html The food preservatives market is dominated by North America and Asia-Pacific. North America is estimated to account for the maximum market share of the global food preservatives market due to advancements seen in the food industries. Consumers in North America are more health-conscious due to awareness and health campaigns run by various organizations. Increasing demand for convenience food products, extended shelf life, and multi-functionality of natural preservatives are driving the food preservatives market. Few restraints are natural preservatives replacing chemicals and high cost of natural preservatives. Why food preservatives has the highest demand in the market? Food preservatives are widely being used to enhance the shelf-life of processed food products. The demand for food preservatives is high across the globe; this is due to large amounts of retail chains and changing consumer lifestyles, which have fueled the market for processed and convenience foods. https://www.marketsandmarketsblog.com/food-preservatives-market-2.html Antimicrobial food preservatives, by function, is estimated to account for the largest market share during the forecast period The antimicrobial food preservatives account for the largest share, by function, of the food preservatives market, as these preservatives are used to prevent the growth of microorganisms. In the case of packaged foods, common spoilage and pathogenic microorganisms affect the food due to changes in pH value, oxygen content, and storage conditions (temperature, time, and humidity). This leads to the need for food preservatives. Antimicrobials can be added to food product formulations as coating agents and can also be used as packaging materials. The use of antimicrobials prevents bacterial and fungal growth on food items, leading to increased shelf life and convenient availability of the food product to consumers. Meat, poultry and seafood products, by application, is estimated to hold the largest share in the food preservatives market during the forecast period The meat & poultry segment accounted for the largest share in the global food preservatives market in 2020. Preservatives commonly used in meat, poultry, and egg products, in particular, are BHT and tocopherols (vitamin E). Vitamin E is abundant in whole wheat, rice germ, and vegetable oils. It is destroyed by the refining and bleaching of flour. Vitamin E prevents oils from becoming rancid. Other preservatives used in meat products are citric acid and propyl gallate. Preservatives added to cured meats, bacon, and ground beef are sodium nitrite. Sodium nitrite, when added to meat and fish, destroys toxins and reacts with proteins in the meat. Solutions used by meat processors to improve shelf-life and taste can also help reduce pathogens, including E. coli. North America is estimated to hold the largest market share during the forecast period The North America market accounted for the largest share in 2020. Consumers in North America are on the lookout for minimally processed convenience foods with long storage lives. This increased demand has heightened the need for the appropriate food safety measures and thus the role of preservatives to extend shelf life has become increasingly critical. The burgeoning demand for such convenience food products is expected to have a high impact on the food preservatives market in North America. With the challenge posed by the growing concern among consumers with respect to chemical methods and additives to enhance food shelf life, manufacturers are exploring the use of newer technologies and additives, which would be efficient alternates to synthetic additives. The popular perception that natural additives are a healthier option is driving the trend in the food preservatives market in North America.
    WWW.PRNEWSWIRE.COM
    Food Preservatives Market worth $4.0 billion by 2026 - Exclusive Report by MarketsandMarkets™
    /PRNewswire/ -- According to the report "Food Preservatives Market by Type (Natural, Synthetic), Application (Meat & Poultry & Seafood, Bakery, Confectionery,...
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  • Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single, and Multi-Fruit and Vegetable), Form, and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Juice Concentrates Market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. As a part of adopting a clean and healthy lifestyle, there is a rise in consumption of fruit and vegetable juice concentrates by the consumers across the globe. The global market has also witnessed a rising demand for juice concentrates across different industries including food and beverages, bakery, dairy and others. With this rising demand, the manufacturing players have come up with various innovations and products to support the rising need.

    https://www.prnewswire.com/news-releases/juice-concentrates-market-worth-93-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301556506.html

    Powdered concentrates will see a greater demand in the bakery market for applications such as flavoring agents

    Juice concentrates are used in the bakery & confectionery industry in the form of a sweetener and colorant. It is also applied as icing to decorate baked products such as cakes and muffins. The utilization of juice concentrates provides a balanced and natural flavor compared to plain water. Manufacturers consider juice concentrates as a suitable substitute for sugar during the production of bakery products, and the demand for health products has encouraged manufacturers to produce innovative and new products for consumers who are willing to pay a premium amount for the consumption of healthy bakery food.

    What is juice concentrates?
    Juice concentrates is a type of fruit juice where most of the water has been extracted from the fruit.

    https://www.benzinga.com/pressreleases/22/05/n27435843/juice-concentrates-market-worth-93-7-billion-by-2027-exclusive-report-by-marketsandmarkets

    Bakery and confectionery manufacturers are incorporating fruit and vegetable components into their products to increase the nutritional content of the product, thereby attracting health-conscious consumers as well as a segment of consumers who want to indulge in these products but in a more mindful manner.



    Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single, and Multi-Fruit and Vegetable), Form, and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Juice Concentrates Market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. As a part of adopting a clean and healthy lifestyle, there is a rise in consumption of fruit and vegetable juice concentrates by the consumers across the globe. The global market has also witnessed a rising demand for juice concentrates across different industries including food and beverages, bakery, dairy and others. With this rising demand, the manufacturing players have come up with various innovations and products to support the rising need. https://www.prnewswire.com/news-releases/juice-concentrates-market-worth-93-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301556506.html Powdered concentrates will see a greater demand in the bakery market for applications such as flavoring agents Juice concentrates are used in the bakery & confectionery industry in the form of a sweetener and colorant. It is also applied as icing to decorate baked products such as cakes and muffins. The utilization of juice concentrates provides a balanced and natural flavor compared to plain water. Manufacturers consider juice concentrates as a suitable substitute for sugar during the production of bakery products, and the demand for health products has encouraged manufacturers to produce innovative and new products for consumers who are willing to pay a premium amount for the consumption of healthy bakery food. What is juice concentrates? Juice concentrates is a type of fruit juice where most of the water has been extracted from the fruit. https://www.benzinga.com/pressreleases/22/05/n27435843/juice-concentrates-market-worth-93-7-billion-by-2027-exclusive-report-by-marketsandmarkets Bakery and confectionery manufacturers are incorporating fruit and vegetable components into their products to increase the nutritional content of the product, thereby attracting health-conscious consumers as well as a segment of consumers who want to indulge in these products but in a more mindful manner.
    WWW.PRNEWSWIRE.COM
    Juice Concentrates Market worth $93.7 billion by 2027 - Exclusive Report by MarketsandMarkets™
    /PRNewswire/ -- According to a research report "Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and...
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  • Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single, and Multi-Fruit and Vegetable), Form, and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Juice Concentrates Market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. As a part of adopting a clean and healthy lifestyle, there is a rise in consumption of fruit and vegetable juice concentrates by the consumers across the globe. The global market has also witnessed a rising demand for juice concentrates across different industries including food and beverages, bakery, dairy and others. With this rising demand, the manufacturing players have come up with various innovations and products to support the rising need.

    https://www.prnewswire.com/news-releases/juice-concentrates-market-worth-93-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301556506.html

    Powdered concentrates will see a greater demand in the bakery market for applications such as flavoring agents

    Juice concentrates are used in the bakery & confectionery industry in the form of a sweetener and colorant. It is also applied as icing to decorate baked products such as cakes and muffins. The utilization of juice concentrates provides a balanced and natural flavor compared to plain water. Manufacturers consider juice concentrates as a suitable substitute for sugar during the production of bakery products, and the demand for health products has encouraged manufacturers to produce innovative and new products for consumers who are willing to pay a premium amount for the consumption of healthy bakery food.

    What is juice concentrates?
    Juice concentrates is a type of fruit juice where most of the water has been extracted from the fruit.

    https://www.benzinga.com/pressreleases/22/05/n27435843/juice-concentrates-market-worth-93-7-billion-by-2027-exclusive-report-by-marketsandmarkets

    Bakery and confectionery manufacturers are incorporating fruit and vegetable components into their products to increase the nutritional content of the product, thereby attracting health-conscious consumers as well as a segment of consumers who want to indulge in these products but in a more mindful manner.



    Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single, and Multi-Fruit and Vegetable), Form, and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Juice Concentrates Market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. As a part of adopting a clean and healthy lifestyle, there is a rise in consumption of fruit and vegetable juice concentrates by the consumers across the globe. The global market has also witnessed a rising demand for juice concentrates across different industries including food and beverages, bakery, dairy and others. With this rising demand, the manufacturing players have come up with various innovations and products to support the rising need. https://www.prnewswire.com/news-releases/juice-concentrates-market-worth-93-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301556506.html Powdered concentrates will see a greater demand in the bakery market for applications such as flavoring agents Juice concentrates are used in the bakery & confectionery industry in the form of a sweetener and colorant. It is also applied as icing to decorate baked products such as cakes and muffins. The utilization of juice concentrates provides a balanced and natural flavor compared to plain water. Manufacturers consider juice concentrates as a suitable substitute for sugar during the production of bakery products, and the demand for health products has encouraged manufacturers to produce innovative and new products for consumers who are willing to pay a premium amount for the consumption of healthy bakery food. What is juice concentrates? Juice concentrates is a type of fruit juice where most of the water has been extracted from the fruit. https://www.benzinga.com/pressreleases/22/05/n27435843/juice-concentrates-market-worth-93-7-billion-by-2027-exclusive-report-by-marketsandmarkets Bakery and confectionery manufacturers are incorporating fruit and vegetable components into their products to increase the nutritional content of the product, thereby attracting health-conscious consumers as well as a segment of consumers who want to indulge in these products but in a more mindful manner.
    WWW.PRNEWSWIRE.COM
    Juice Concentrates Market worth $93.7 billion by 2027 - Exclusive Report by MarketsandMarkets™
    /PRNewswire/ -- According to a research report "Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and...
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  • According to the research report published by MarketsandMarkets, the "Refrigerated Transport Market size is estimated to be valued at USD 113.4 billion in 2022 and is projected to reach USD 160.7 billion by 2027, recording a CAGR of 7.2% during the forecast period in terms of value.

    https://www.globenewswire.com/news-release/2022/11/22/2560998/0/en/Refrigerated-Transport-Market-Size-is-Predicted-to-Progress-at-a-CAGR-of-7-2-to-Reach-US-160-7-billion-by-2027-Report-by-MarketsandMarkets.html

    The refrigerated transport market is primarily driven by the growing demand for perishable products such as fresh fruits & vegetables across the globe. Moreover, the sudden outbreak of pandemic has significantly changed the retail supply chain of these perishable products. Most of the retail players has shifted to home delivery service which in turn promote the demand for refrigerated vehicles across the globe. In addition, the growth of refrigerated transport is supported by the substantial growth of supermarket and hypermarket across emerging economies including China and India.

    Among various technologies, fully electrified refrigerated transport is anticipated to witness the highest growth rate over the forecast period. With the introduction of stringent policies for reducing the carbon footprint by various governments is promoting the electric refrigerated transport across the globe.

    What is the market size of refrigerated transport market?
    https://www.prnewswire.com/news-releases/refrigerated-transport-market-worth-160-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301535056.html

    Chilled food was the largest application segment in the global refrigerated transport market and is expected to maintain the dominance over the forecast period. The refrigerated vehicle moves wide range of food products including chilled and frozen food products. Frozen food products including ice-cream, frozen dairy products, processed meat, fish & sea food, and bakery products.
    Europe was the largest region for the refrigerated transport market in 2022. Europe has a large and mature market with stable demand for most fresh fruit and vegetables. Germany is one of the largest markets for refrigerated vehicles in Europe. The country is a major importer & exporter of agricultural commodities and processed food & beverage products. The major export destinations from Germany are the US, France, the UK, and the Netherlands. The top import origins are, the Netherlands, France, the US, and Italy. Germany primarily imports fruits & vegetables and dairy products. These market trends are anticipated to boost the sales of refrigerated transport over the forecast period.


    According to the research report published by MarketsandMarkets, the "Refrigerated Transport Market size is estimated to be valued at USD 113.4 billion in 2022 and is projected to reach USD 160.7 billion by 2027, recording a CAGR of 7.2% during the forecast period in terms of value. https://www.globenewswire.com/news-release/2022/11/22/2560998/0/en/Refrigerated-Transport-Market-Size-is-Predicted-to-Progress-at-a-CAGR-of-7-2-to-Reach-US-160-7-billion-by-2027-Report-by-MarketsandMarkets.html The refrigerated transport market is primarily driven by the growing demand for perishable products such as fresh fruits & vegetables across the globe. Moreover, the sudden outbreak of pandemic has significantly changed the retail supply chain of these perishable products. Most of the retail players has shifted to home delivery service which in turn promote the demand for refrigerated vehicles across the globe. In addition, the growth of refrigerated transport is supported by the substantial growth of supermarket and hypermarket across emerging economies including China and India. Among various technologies, fully electrified refrigerated transport is anticipated to witness the highest growth rate over the forecast period. With the introduction of stringent policies for reducing the carbon footprint by various governments is promoting the electric refrigerated transport across the globe. What is the market size of refrigerated transport market? https://www.prnewswire.com/news-releases/refrigerated-transport-market-worth-160-7-billion-by-2027--exclusive-report-by-marketsandmarkets-301535056.html Chilled food was the largest application segment in the global refrigerated transport market and is expected to maintain the dominance over the forecast period. The refrigerated vehicle moves wide range of food products including chilled and frozen food products. Frozen food products including ice-cream, frozen dairy products, processed meat, fish & sea food, and bakery products. Europe was the largest region for the refrigerated transport market in 2022. Europe has a large and mature market with stable demand for most fresh fruit and vegetables. Germany is one of the largest markets for refrigerated vehicles in Europe. The country is a major importer & exporter of agricultural commodities and processed food & beverage products. The major export destinations from Germany are the US, France, the UK, and the Netherlands. The top import origins are, the Netherlands, France, the US, and Italy. Germany primarily imports fruits & vegetables and dairy products. These market trends are anticipated to boost the sales of refrigerated transport over the forecast period.
    WWW.GLOBENEWSWIRE.COM
    Refrigerated Transport Market Size is Predicted to Progress at a CAGR of 7.2% to Reach US$ 160.7 billion by 2027 – Report by MarketsandMarkets™
    Technological innovations in refrigerated systems and equipment Drives the Global Refrigerated Transport Market...
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  • The Seaweed protein market is estimated at USD 585 million in 2022; it is projected to grow at a CAGR of 14.1% to reach USD 1131 million by 2027. Increasing awareness regarding nutrition and healthy lifestyles is driving the market for seaweed protein. It is widely known that having a healthy immune system can help reduce the risk or severity of diseases and infections. When combined with proper nutrition, seaweed protein can enhance the body’s natural defenses and immunity. As people become more conscious of holistic wellbeing, and growing population shifting towards a plant based lifestyle the market for seaweed protein is expected to increase in the coming years.

    https://www.prnewswire.com/news-releases/seaweed-protein-market-worth-1131-million-by-2027--exclusive-report-by-marketsandmarkets-301557637.html

    The growth of this market is estimated to be driven by the increasing health awareness among consumers. Seaweed protein are a growing application of plant based products. The food and nutrition industries have evolved to give consumers a more personalized experience to compensate for dietary loss through supplemental nutrition.

    Who are the leading market players active in the seaweed protein market?

    Some of the leading seaweed protein market players are CP Kelco U.S., Inc. (US), Algaia (France), Algea (Norway), Qingdao Gather Great Ocean Algae Industry Group Co, Ltd (China), Qingdao Brightmoon Seaweed Co Group Co. Ltd (China), Cargill Incorporated (US) Gelymar SA (Chile), Ceamsa (Spain), BASF (Germany), Irish Seaweed (Ireland), Dupont Nutrition and Biosciences (US), Compo Expert Group (Germany), Beijing Leili Agricultural Co, Ltd (China), Groupe Roullier (France), Acadian Seaplants (Canada).

    https://www.marketsandmarketsblog.com/seaweed-protein-market-2.html

    The green seaweed segment by type is projected to achieve the highest CAGR growth in the Seaweed protein market.

    Over the past couple of years, the green seaweed segment has witnessed significant growth in terms of value sales. Green seaweeds, scientifically known as chlorophyte, gain their green color from beta-carotene, chlorophyll, and various other xanthophylls. Green seaweeds exist in the multicellular as well as unicellular form and are mainly found in freshwaters. Green seaweeds can also be grown in marine habitats and can be terrestrially grown on soil, trees, or rocks Green algae, serve as an important food source for humans. It has long been a component of Japanese cuisine. There are about 30 different types of edible seaweed, all of which are naturally high in minerals like calcium, copper, iodine, iron, magnesium, manganese, molybdenum, phosphorus, potassium, selenium, vanadium, and zinc. Sea lettuce, sea palm, and sea grapes are examples of edible green algae. The pigment beta carotene, found in green algae, is used as a food coloring. Carotene has also been proven to be effective in the prevention of some cancers, such as lung cancer. The protein content for green seaweeds is moderate i.e., 9- 26% of dry weight. Some green seaweeds, which contain a high protein level are also processed for the manufacturing of foods.

    By extraction, the conventional segment is estimated to account for the largest market share in the Seaweed protein market.
    The conventional extraction method includes physical processes methods such as aqueous treatment and Potter homogenization, osmotic stress, and high shear force. This process is mostly used for extracting proteins from different species of seaweeds such as Palmaria palmata, Ulva fasciata, Sargassum vulgare, and Porphyra. Among all the conventional methods of seaweed protein extraction, the enzymatic hydrolysis segment dominated the market. Aqueous treatment and Potter homogenization include physical grinding of cells with the use of a Potter homogenizer significantly followed by immersion in ultra-pure water. Conventional method allows minimal processing which is preferred by customers.

    The food segment by mode of application is estimated to account for the largest market share of the Seaweed protein market over the forecast period.
    Because of the safety issues connected with synthetic components, demand for seaweed protein-based products is projected to grow significantly in the coming years. Natural food additives have a good impact on consumers health, which has increased demand for protein in food products. Most human applications, such as food, vitamins, and cosmetics, choose seaweed protein-based products since they have no negative consequences. The desire for natural antioxidants, anti-inflammatory agents, plant proteins, and other secondary metabolites is likely to drive up demand for seaweed protein-based products. Other Applications like Semi-sweet biscuits, cereal bars, and breadsticks have all used seaweeds. The nutritional profile of wheat and pasta was also improved by seaweeds.
    Europe is projected to achieve the Highest CAGR growth in the Seaweed protein market.


    The Seaweed protein market is estimated at USD 585 million in 2022; it is projected to grow at a CAGR of 14.1% to reach USD 1131 million by 2027. Increasing awareness regarding nutrition and healthy lifestyles is driving the market for seaweed protein. It is widely known that having a healthy immune system can help reduce the risk or severity of diseases and infections. When combined with proper nutrition, seaweed protein can enhance the body’s natural defenses and immunity. As people become more conscious of holistic wellbeing, and growing population shifting towards a plant based lifestyle the market for seaweed protein is expected to increase in the coming years. https://www.prnewswire.com/news-releases/seaweed-protein-market-worth-1131-million-by-2027--exclusive-report-by-marketsandmarkets-301557637.html The growth of this market is estimated to be driven by the increasing health awareness among consumers. Seaweed protein are a growing application of plant based products. The food and nutrition industries have evolved to give consumers a more personalized experience to compensate for dietary loss through supplemental nutrition. Who are the leading market players active in the seaweed protein market? Some of the leading seaweed protein market players are CP Kelco U.S., Inc. (US), Algaia (France), Algea (Norway), Qingdao Gather Great Ocean Algae Industry Group Co, Ltd (China), Qingdao Brightmoon Seaweed Co Group Co. Ltd (China), Cargill Incorporated (US) Gelymar SA (Chile), Ceamsa (Spain), BASF (Germany), Irish Seaweed (Ireland), Dupont Nutrition and Biosciences (US), Compo Expert Group (Germany), Beijing Leili Agricultural Co, Ltd (China), Groupe Roullier (France), Acadian Seaplants (Canada). https://www.marketsandmarketsblog.com/seaweed-protein-market-2.html The green seaweed segment by type is projected to achieve the highest CAGR growth in the Seaweed protein market. Over the past couple of years, the green seaweed segment has witnessed significant growth in terms of value sales. Green seaweeds, scientifically known as chlorophyte, gain their green color from beta-carotene, chlorophyll, and various other xanthophylls. Green seaweeds exist in the multicellular as well as unicellular form and are mainly found in freshwaters. Green seaweeds can also be grown in marine habitats and can be terrestrially grown on soil, trees, or rocks Green algae, serve as an important food source for humans. It has long been a component of Japanese cuisine. There are about 30 different types of edible seaweed, all of which are naturally high in minerals like calcium, copper, iodine, iron, magnesium, manganese, molybdenum, phosphorus, potassium, selenium, vanadium, and zinc. Sea lettuce, sea palm, and sea grapes are examples of edible green algae. The pigment beta carotene, found in green algae, is used as a food coloring. Carotene has also been proven to be effective in the prevention of some cancers, such as lung cancer. The protein content for green seaweeds is moderate i.e., 9- 26% of dry weight. Some green seaweeds, which contain a high protein level are also processed for the manufacturing of foods. By extraction, the conventional segment is estimated to account for the largest market share in the Seaweed protein market. The conventional extraction method includes physical processes methods such as aqueous treatment and Potter homogenization, osmotic stress, and high shear force. This process is mostly used for extracting proteins from different species of seaweeds such as Palmaria palmata, Ulva fasciata, Sargassum vulgare, and Porphyra. Among all the conventional methods of seaweed protein extraction, the enzymatic hydrolysis segment dominated the market. Aqueous treatment and Potter homogenization include physical grinding of cells with the use of a Potter homogenizer significantly followed by immersion in ultra-pure water. Conventional method allows minimal processing which is preferred by customers. The food segment by mode of application is estimated to account for the largest market share of the Seaweed protein market over the forecast period. Because of the safety issues connected with synthetic components, demand for seaweed protein-based products is projected to grow significantly in the coming years. Natural food additives have a good impact on consumers health, which has increased demand for protein in food products. Most human applications, such as food, vitamins, and cosmetics, choose seaweed protein-based products since they have no negative consequences. The desire for natural antioxidants, anti-inflammatory agents, plant proteins, and other secondary metabolites is likely to drive up demand for seaweed protein-based products. Other Applications like Semi-sweet biscuits, cereal bars, and breadsticks have all used seaweeds. The nutritional profile of wheat and pasta was also improved by seaweeds. Europe is projected to achieve the Highest CAGR growth in the Seaweed protein market.
    WWW.PRNEWSWIRE.COM
    Seaweed Protein Market worth $1131 million by 2027 - Exclusive Report by MarketsandMarkets™
    /PRNewswire/ -- According to a research report "Seaweed Protein Market by Source (Red Seaweed, Green Seaweed & Brown Seaweed), Extraction Process (Conventional...
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  • Feed additives market revenue is likely to surpass US$ 49.6 Billion by 2026. The global market is expected to rise at a CAGR of 5.5% from 2021 to 2026. The growth in consumption of animal-based products, growth in feed production, standardization of meat products owing to disease outbreaks, and implementation of innovative animal husbandry practices to improve meat quality have led to the increased consumption of feed additives.
    The European Commission defines feed additives as, “products used in animal nutrition for the purpose of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given, following a scientific evaluation demonstrating that the additive has no harmful effects on human and animal health and on the environment.”

    https://www.zupyak.com/p/3227848/t/top-driving-factors-of-feed-additives-market

    Globally shift towards natural growth promoters driving the demands for feed additives

    Antimicrobial compounds are commonly included in poultry diets for promoting growth and controlling diseases. The European Union banned feed-grade antibiotic growth promoters, owing to cross-resistance and due to the risk posed to the EU’s food safety and public health. Due to this, feed manufacturers are adopting new forms of natural feed additives apart from antibiotics with the help of new science. This new generation of growth enhancers includes botanical additives such as appropriate blends of herbs or plant extract. Herbs and plant extracts used as feed additives include different bio-active ingredients. These natural growth promoters predominantly include organic acids, probiotics, prebiotics, and so on. In addition to this, growing demands of feed additives from developing countries such as India, China, and Indonesia are also boosting the demand of feed additives. However, the growth of the market is restricted due to the stringent regulations in regions such as Europe and the price volatility of different feed additives.

    Some of the key companies in feed additives market are ADM (US), Cargill (US), DSM (Netherlands), DuPont (US), Evonik (Germany), and BASF (Germany) amongst others. These players are actively investing into developments of novel feed additives ingredients developments and thus developing newer feed additives based on them.

    COVID 19 impact on Feed additives Market

    The impact of COVID-19 on the animal feed additives market directly corresponds to the condition of the HoReCa segment across the globe. In the pessimistic scenario, the hotel and tourism industry will continue to remain shut, and demand for meat and poultry products witness a decline, which shall negatively impact the feed additives market growth. Also, trade barriers between the countries may hinder export and will result in a shortage and price rise for feed additives. In the optimistic scenario, the COVID-19 wave is expected to subside, and the launch of effective vaccines will enable governments to lift lockdown or relax the social distancing norms. Declining mortality due to COVID-19 and immunization are some of the factors encouraging consumers to enjoy away-from-home food, which shall positively impact the market growth for the feed additives market.


    Feed additives market revenue is likely to surpass US$ 49.6 Billion by 2026. The global market is expected to rise at a CAGR of 5.5% from 2021 to 2026. The growth in consumption of animal-based products, growth in feed production, standardization of meat products owing to disease outbreaks, and implementation of innovative animal husbandry practices to improve meat quality have led to the increased consumption of feed additives. The European Commission defines feed additives as, “products used in animal nutrition for the purpose of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health, e.g. providing enhanced digestibility of the feed materials. Feed additives may not be put on the market unless authorization has been given, following a scientific evaluation demonstrating that the additive has no harmful effects on human and animal health and on the environment.” https://www.zupyak.com/p/3227848/t/top-driving-factors-of-feed-additives-market Globally shift towards natural growth promoters driving the demands for feed additives Antimicrobial compounds are commonly included in poultry diets for promoting growth and controlling diseases. The European Union banned feed-grade antibiotic growth promoters, owing to cross-resistance and due to the risk posed to the EU’s food safety and public health. Due to this, feed manufacturers are adopting new forms of natural feed additives apart from antibiotics with the help of new science. This new generation of growth enhancers includes botanical additives such as appropriate blends of herbs or plant extract. Herbs and plant extracts used as feed additives include different bio-active ingredients. These natural growth promoters predominantly include organic acids, probiotics, prebiotics, and so on. In addition to this, growing demands of feed additives from developing countries such as India, China, and Indonesia are also boosting the demand of feed additives. However, the growth of the market is restricted due to the stringent regulations in regions such as Europe and the price volatility of different feed additives. Some of the key companies in feed additives market are ADM (US), Cargill (US), DSM (Netherlands), DuPont (US), Evonik (Germany), and BASF (Germany) amongst others. These players are actively investing into developments of novel feed additives ingredients developments and thus developing newer feed additives based on them. COVID 19 impact on Feed additives Market The impact of COVID-19 on the animal feed additives market directly corresponds to the condition of the HoReCa segment across the globe. In the pessimistic scenario, the hotel and tourism industry will continue to remain shut, and demand for meat and poultry products witness a decline, which shall negatively impact the feed additives market growth. Also, trade barriers between the countries may hinder export and will result in a shortage and price rise for feed additives. In the optimistic scenario, the COVID-19 wave is expected to subside, and the launch of effective vaccines will enable governments to lift lockdown or relax the social distancing norms. Declining mortality due to COVID-19 and immunization are some of the factors encouraging consumers to enjoy away-from-home food, which shall positively impact the market growth for the feed additives market.
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  • The refrigerated transport market is driven by increasing demand to prevent the spoilage of perishable food products and agricultural commodities across the globe. These refrigerated vehicle helps to restrict the temperature fluctuation during the transit and maintain the temperature as set by the operator. These market trends are anticipated to boost the sales of refrigerated transport over the foreseeable future.

    https://www.zupyak.com/p/3243382/t/upcoming-growth-trends-in-the-refrigerated-transport-market

    Chilled food was the largest application segment in the global refrigerated transport market and is expected to maintain the dominance over the forecast period

    The chilled food products segment covers a wide variety of products such as milk, dairy products such as butter, yogurt, and cheese, bakery & confectionery products, beverages, and fruits & vegetables. Chilled food product manufacturers are expected to experience high prospects in the emerging countries since developed countries have entered the maturity stage in this segment.

    What is the demand for refrigerated transport market?

    According to MarketsandMarkets, the global refrigerated transport market is projected to be valued at USD 160.7 billion by 2027.


    LCV is anticipated to be the fastest-growing mode of transport segment in the refrigerated transport over the forecast period

    Refrigerated LCV are best suitable for the secondary transportation and with the increasing home or door-steo delivery services by all the ecommerce and retail sector players, the demand for LCV is anticipated to get fueled over the forecast period.

    Multi-temperature was the largest temperature segment for the refrigerated transport market and anticipated to maintain the dominance over the forecast period.

    The introduction of multi-temperature refrigeration has enabled energy savings for operators as they can deliver freight at different temperatures to a specific location. In multi-temperature refrigerated vehicles, the container maintains two or more different temperatures in various parts of the vehicle for the operators to load assorted products within the same vehicle.

    Hybrid vehicles is anticipated to be the second fastest growing technology segment in the refrigerated transport market.

    A hybrid refrigeration system can primarily have any combination of components in both series and parallel circuits for increasing COP. This system have comparatively less power and energy input desired for industrial usage in places with fewer resources and aim to have better economical solutions for the standard cycles.

    Europe was the largest region for the refrigerated transport market in 2022.

    Europe has a large and mature market with stable demand for most fresh fruit and vegetables. The need for year-round availability and the interest in new exotic produce maintain Europe’s dependence on external suppliers. Moreover, Europe has a population of more than 500 million consumers and is responsible for over €60 billion or 44% of the global trade value of fresh fruit and vegetables. Europe includes five of the ten largest importing countries globally. These market scenarios makes the region largest market for refrigerated market across the globe.

    This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as United Technologies Corporation (Carrier Corporation) (US), DAIKIN INDUSTRIES Ltd.(Japan), Ingersoll Rand (Ireland), China International Shipping Containers (Group) Co., Ltd (China), Utility Trailer Manufacturing Company (US), Singamas Container Holdings Limited (China), Hyundai (Korea), Schmitz Cargobull (Germany), KRONE (Germany), LAMBERET SAS (France), Tata Motors (India), VE Commercial Vehicles Limited (India), Shaanxi Tianhui Inlong Trading Co. Ltd (China), Wabash National Corporation (US) and Great Dane LLC (US).

    The refrigerated transport market is driven by increasing demand to prevent the spoilage of perishable food products and agricultural commodities across the globe. These refrigerated vehicle helps to restrict the temperature fluctuation during the transit and maintain the temperature as set by the operator. These market trends are anticipated to boost the sales of refrigerated transport over the foreseeable future. https://www.zupyak.com/p/3243382/t/upcoming-growth-trends-in-the-refrigerated-transport-market Chilled food was the largest application segment in the global refrigerated transport market and is expected to maintain the dominance over the forecast period The chilled food products segment covers a wide variety of products such as milk, dairy products such as butter, yogurt, and cheese, bakery & confectionery products, beverages, and fruits & vegetables. Chilled food product manufacturers are expected to experience high prospects in the emerging countries since developed countries have entered the maturity stage in this segment. What is the demand for refrigerated transport market? According to MarketsandMarkets, the global refrigerated transport market is projected to be valued at USD 160.7 billion by 2027. LCV is anticipated to be the fastest-growing mode of transport segment in the refrigerated transport over the forecast period Refrigerated LCV are best suitable for the secondary transportation and with the increasing home or door-steo delivery services by all the ecommerce and retail sector players, the demand for LCV is anticipated to get fueled over the forecast period. Multi-temperature was the largest temperature segment for the refrigerated transport market and anticipated to maintain the dominance over the forecast period. The introduction of multi-temperature refrigeration has enabled energy savings for operators as they can deliver freight at different temperatures to a specific location. In multi-temperature refrigerated vehicles, the container maintains two or more different temperatures in various parts of the vehicle for the operators to load assorted products within the same vehicle. Hybrid vehicles is anticipated to be the second fastest growing technology segment in the refrigerated transport market. A hybrid refrigeration system can primarily have any combination of components in both series and parallel circuits for increasing COP. This system have comparatively less power and energy input desired for industrial usage in places with fewer resources and aim to have better economical solutions for the standard cycles. Europe was the largest region for the refrigerated transport market in 2022. Europe has a large and mature market with stable demand for most fresh fruit and vegetables. The need for year-round availability and the interest in new exotic produce maintain Europe’s dependence on external suppliers. Moreover, Europe has a population of more than 500 million consumers and is responsible for over €60 billion or 44% of the global trade value of fresh fruit and vegetables. Europe includes five of the ten largest importing countries globally. These market scenarios makes the region largest market for refrigerated market across the globe. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as United Technologies Corporation (Carrier Corporation) (US), DAIKIN INDUSTRIES Ltd.(Japan), Ingersoll Rand (Ireland), China International Shipping Containers (Group) Co., Ltd (China), Utility Trailer Manufacturing Company (US), Singamas Container Holdings Limited (China), Hyundai (Korea), Schmitz Cargobull (Germany), KRONE (Germany), LAMBERET SAS (France), Tata Motors (India), VE Commercial Vehicles Limited (India), Shaanxi Tianhui Inlong Trading Co. Ltd (China), Wabash National Corporation (US) and Great Dane LLC (US).
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