Monday, June 8, 2020

Growth Opportunities in the Essential Oils Market

The global essential oils market size is projected to reach USD 11.19 Billion by 2022, at a CAGR of 8.83% from 2017 to 2022. The shifting trend towards preventive healthcare, coupled with an improved standard of living among consumers, are the major factors driving the market. Also, increasing cases of depression and anxiety disorders among consumers are seen to be contributing to the growing demand for essential oils from the aromatherapy industry. The market has been segmented based on product type, method of extraction, application, and region.

The objectives of the study include the following:
  • To define, segment, and measure the size of the essential oils market concerning its product type, method of extraction, application, and region
  • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for the market leaders
  • To project the size of the market in terms of value and volume, for four regions (along with their respective key countries), namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW)
  • To strategically profile the key players and comprehensively analyze their core competencies
  • To analyze the competitive developments such as new product launches & developments, acquisitions, mergers, expansions & investments, agreements, and joint ventures in the market
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Aromatherapy projected to be the fastest-growing segment in the essential oils market, by application, during the forecast period 2017–2022

Essential oils are volatile liquid substances extracted from aromatic plant material by different types of extraction methods. They have potent antioxidant and anti-microbial properties and can be used to treat depression and stress-related diseases. Different types of essential oils used in aromatherapy include tea tree oil, jasmine oil, rosemary oil, and lavender oil. These oils are used in massage therapies, acupuncture, and topical care. Changing lifestyles and their consequences, such as high stress and depression, along with increasing disposable incomes, result in an increase in demand for aromatherapy.

On the basis of method of extraction, the distillation segment is estimated to be the largest market in the essential oil industry in 2017

Distillation is the process of separating components of a mixture by evaporating and then condensing the vapor into liquid. It is a technique which is slightly volatile, where the water-insoluble substances are separated from nonvolatile materials by means of distillation. Different types of distillation methods are used such as water distillation, water & steam distillation, and steam distillation for extraction of oils. Distillation is one of the primary methods used for extraction in essential oil industries.

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Significant growth for essential oil is observed in the Asia-Pacific region

The Asia-Pacific region is segmented into China, Japan, India, Australia & New Zealand, and Rest of Asia-Pacific. The increase in preference of consumers for natural essential oil ingredients such as peppermint & spearmint and rise in purchasing power parity in the region is driving the demand for essential oils in applications such as aromatherapy, health care, and food & beverages.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies in essential oils market. It includes the profiles of leading companies such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands), and Givaudan SA (Switzerland).

Sustainable Growth Opportunities in the Insoluble Dietary Fibers Market

The insoluble dietary fiber market is projected to grow at a CAGR of 9.2% from 2017 to 2022, to reach USD 2.66 billion by 2022. Factors such as growth in demand for functional foods, rising consumer awareness through government health programs, and increase in health-consciousness among consumers are driving this market.

The objectives of the report:

  • To define, segment, and estimated the size of the insoluble dietary fibers market, with respect to its sources, applications, types, and key regional markets
  • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape
  • To project the size of the market in terms of value and volume, with respect to four regions (along with their respective countries), namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  • To strategically profile the key players and comprehensively analyze their product portfolios and core competencies
  • To analyze the competitive developments such as new product launches, acquisitions, expansions & investments, agreements, collaborations and joint ventures in the insoluble dietary fibers market

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=174505495 

Growth in demand for functional foods

Changes in lifestyles and lack of time have led to high consumption of functional foods in countries around the world, especially in Asia. With growth in workload, busy lifestyles, and increase in the number of working women (considering women play a predominant role in preparing meals in households), the time and means to intake healthy food have reduced. This has resulted in the growing demand for products that offer balanced nutrition. Thus, the consumer demand for functional foods, nutraceuticals, and supplements has been increasing. As insoluble dietary fibers form an essential ingredient in functional food products, their market is also increasing.

With changing consumer lifestyles, there is a need for intake of extra fiber. Insoluble dietary fiber content varies in different types of foods. Several key players such as Archer Daniels Midland Company (U.S.), Cargill (U.S.), and E. I. du Pont de Nemours and Company (U.S.), offer a range of insoluble dietary fibers obtained from different sources including wheat, oats, corn, peas, potato, legumes, and rice for their application in food, feed, and pharmaceutical products. Further, the products offered by these companies are also in accordance with consumer needs. This is projected to drive the market for insoluble dietary fibers.

The insoluble dietary fiber market, based on type, has been segmented into cellulose, hemicellulose, chitin & chitosan, lignin, fiber/bran, resistant starch, and others. The cellulose segment dominated this market in 2016. Cellulose is insoluble dietary fiber used in a wide range of food applications such as meat products, poultry products, and bakery items. Cellulose fibers with low water absorption capacity are mainly used for providing fiber enrichment in different types of bakery products such as bread and tortillas. Cellulose with high water- and oil-holding capacity is used in processed meat to manage the moisture level. The fiber/bran segment is projected to be the fastest-growing due to the growing technological advancements in extraction processes and the investment by the key companies in sourcing fiber/bran from grains, fruits, and vegetable.

The insoluble dietary fiber, based on application, is segmented into functional food & beverages, pharmaceutical, animal feed, and pet food. The functional food and beverage segment is projected to be the largest application segment during the forecast period. Consumption of extra insoluble dietary fibers with food leads to the prevention of health disorders such as constipation, hyperglycemia, obesity, and high cholesterol. Due to the changing diet patterns and the increasing health concerns, insoluble dietary fibers have begun to form an integral part of processed and packaged food in a bid to meet nutritive requirements.

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The North American region was the largest market for insoluble dietary fibers market in 2016. This can be attributed to the increase in demand for various dietary fiber fortified products in the U.S. and Canada. The consumer awareness related to dietary supplement consumption in this region is very high, and can be attributed as a reason for its largest market share in this market.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Cargill (U.S.), Roquette Frères (France), E. I. du Pont de Nemours and Company (U.S.), Ingredion Incorporated (U.S.), SunOpta, Inc. (Canada), Interfiber (Poland), Solvaira Specialties (U.S.), Unipektin Ingredients AG (Switzerland), AdvoCare International, L.P. (U.S.), J. Rettenmaier & Söhne GmbH Co. KG (Germany), Grain Processing Corporation (U.S.), and Barndad Nutrition (U.S.).

Termite Control Market Projected to Garner Significant Revenues by 2022

The global termite control market is estimated at USD 3.13 billion in 2017 and is projected to reach USD 4.12 billion by 2022, at a CAGR of 5.62% during the forecast period. The primary factors that drive the market has been the growing presence of termite control service providers in developing economies, and many instances of insect pest attacks with respect to climate change.

Unhygienic conditions, increasing population in various countries, and improper waste management cause termite infestations. Termites are small insects, similar to ants, and eat dead plants and trees or other wooden materials. There are over 2,300 species of termites across the world. The termite control market, by species, has been segmented into subterranean termites, dampwood termites, drywood termites, and others, such as conehead termites and desert termites. Subterranean termites are found in all the regions and thus occupy major share for market. The termite control market, by control method, has been segmented into chemical, mechanical & physical, biological, and other methods, which include environmental control services and radiation. The chemical segment dominated the market in 2016, where insect growth regulators and various larvicides, such as diflubenzuron and noviflumuron are projected to gain significant market growth over the coming years. Various types of insect growth regulators (IGRs) such as anti-juvenile hormone agents are also used along with attractants in the physical and mechanical control methods, such as termite bait systems and barriers.


The termite control market, by application, was dominated by the commercial & industrial sectors. The high demand from the commercial & industrial sectors is attributed to the strict regulatory requirements to fulfil the need for keeping the threat of termites under control. Audits are mandatory by many government authorities for certifications such as ISO 9001 and ISO 22000 in commercial and industrial organizations, particularly in the food service and pharmaceutical industries. These certifications have a mandatory clause of termite control to be carried out yearly, half-yearly, or on a quarterly basis; companies that do not comply with these mandates are faced with penalties and shutdowns. Hence, the demand for termite control services is increasing globally.

North America dominated the global termite control market in 2016. According to a global property guide article dated September 2016, the housing market in North America is witnessing an upward trend. This has led to an increased demand for termite control services in the region, as these houses are generally made of wood. Additionally, leading companies in North America are engaged in launching new products and expanding their presence across the globe to sustain their lead in the market.

The global termite control market is highly concentrated, with few of the multinational companies, accounting for a major share in the market in 2016. The market in developed countries has become saturated, and the demand is mainly accounted for by the developing countries. The key players identified have a strong presence in the global termite control market. The leading players in the market include BASF SE (Germany), Syngenta AG (Switzerland), Dow Chemical Company (US), Sumitomo Chemicals (Japan), and FMC Corporation (US). 

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Target Audience:
  • Termiticide manufacturers, suppliers, and formulators
  • Professional pest control service providers
  • Termiticide traders, distributors, importers, exporters, and suppliers
  • Public health contractors
  • Commercial research & development (R&D) institutions and financial institutions
  • Trade associations and industry bodies
  • Government health authorities and regulatory bodies such as World Health Organization (WHO), Environmental Protection Agency (EPA), and Pest Management Regulatory Agency (PMRA)

Polyol Sweeteners Market Growth Opportunities by 2022

The report "Polyol Sweeteners Market by Type (Sorbitol, Maltitol, Isomalt, Erythritol, Xylitol), Application (Bakery & Confectionery, Oral Care, Pharmaceuticals, Beverages, Dairy), Form (Powder/Crystal, Liquid/Syrup), and Region - Global Forecast to 2022", The polyol sweeteners market is projected to reach USD 3.30 Billion by 2022 at a CAGR of 5.9% from 2017 to 2022. The market is driven by economic factors influencing the demand for polyol sweeteners, rise in consumer demand for low-calorie and healthier food & beverage products, and growth in awareness regarding the functionalities of polyol sweeteners in the pharmaceutical applications.

The objectives of the report are as follows:

  • To define, segment, and measure the polyol sweeteners market with respect to its source, form, method of production, application, and region
  • To provide detailed information regarding the crucial factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To project the size of the market, in terms of value (USD million), in the key regions, namely, North America, Europe, Asia Pacific, South America, and the Rest of the World (RoW)
  • To analyze opportunities in the market for stakeholders and study the details of the competitive landscape, to be provided to the key market leaders
  • To strategically profile the key players and comprehensively analyze their market share and core competencies
  • To analyze the competitive developments such as new product launches, acquisitions, investments, expansions, partnerships, agreements, joint ventures, and collaborations in the polyol sweeteners market

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=175156373 

Pharmaceuticals projected to be the fastest-growing segment in the polyol sweeteners market by application during the forecast period 2017–2022

Polyol sweeteners are used as a key bodying agent in many pharmaceutical applications such as syrups, tablets, and elixirs. They are used in syrups for reducing the bottle cap’s stickiness to the bottle due to the presence of sugar. They act as good plasticizers and humectants; this makes them applicable in non-fat soluble ointments, emulsion ointments, and gelatin capsules. The excellent spreading capacity makes them applicable in creams, ointments, and pastes. Polyol sweeteners replace sucrose syrup as it is more prone to dental decay. Usage of polyol sweeteners in counter medicines substantially decreases the risk of dental decay.

On the basis of form, the powder/crystal polyol sweeteners segment estimated to be the largest market in the polyol sweeteners industry in 2017

Polyol sweeteners in the powdered or crystalline form are most commonly used by manufacturers, as these sweeteners are easier to use and manufacturers are accustomed to using the powdered form of raw materials in food manufacturing processes as compared to liquid form, therefore, powdered polyol sweeteners is estimated to hold the largest market share in 2017. Most polyol sweeteners are preferred in the powdered form compared to liquid form for better handling and transport. Most of the functions of powdered sorbitol are similar to those of liquid sorbitol, and it is widely preferred as a coating agent and bulking agent in the manufacturing of confectioneries and bakery goods.

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Significant growth for polyol sweeteners is observed in the Asia-Pacific region

The Asia-Pacific region is segmented into China, Japan, India, Australia, and the Rest of Asia-Pacific. It is the fastest-growing market for polyol sweeteners. The increase in health problems due to the consumption of sugar-based products and rise in purchasing power parity in the region are driving the demand for polyols in applications such as oral care and pharmaceuticals. Asia-Pacific is one the major polyol sweeteners producing regions; the availability, affordability of these sugar alcohols, and rise in awareness about functionalities & applications of polyol sweeteners will drive the growth of this market.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), and Roquette Frères S.A. (France).

Sustainable Growth Opportunities in the Fishmeal & Fish Oil Market

The fishmeal & fish oil market was valued at USD 8,756.59 million in 2016 and is projected to grow at a CAGR of 8.5% from 2017 to reach a value of 14,288.46 million by 2022. The basic objective of the report is to define, segment, and project the global market size of the fishmeal & fish oil market on the basis of source, livestock application, industrial application, and region. It will also help to understand the structure of the fishmeal & fish oil market by identifying its various segments. The other objectives include analyzing the opportunities in the market for the stakeholders, providing the competitive landscape of the market trends, and projecting the size of the fishmeal & fish oil market and its submarkets, in terms of value (USD Million) and volume (KT).


Salmon & trout are a widely used source of fishmeal & fish oil with a value of USD 2,362.5 million in 2016. This is due to the reason that salmon & trout fish farmers have increased their salmon cultivation to satisfy the growing demand of customers globally. Moreover, fishmeal is used in salmon & trout feed as one of the important ingredients that help to provide essential nutritional supplements to the fish.

With the rise in aquaculture production, large amounts of fishmeal are diverted from terrestrial livestock feed to aquatic feed. Fish oil is the principal source of both energy and essential fatty acids ; therefore, its usage in the aquaculture industry has increased. Fishmeal & fish oil offer many benefits to aquatic animals such as improved immunity against diseases, higher survival & growth, and reduced incidences of deformities.

In terms of livestock, the aquatic animals segment accounted for the largest share of the global fishmeal & fish oil market in 2016. The incorporation of fishmeal into diets of aquatic animals helps to reduce pollution from wastewater effluents by providing greater nutrient digestibility. Fishmeal, when added to the feed of aquatic animals, increases feed efficiency and enhances nutrient uptake, digestion, and absorption. This has resulted in an increase in the use of fishmeal & fish oil for aquatic animals.

High growth has been observed in Europe for the fishmeal & fish oil market over the last few years. The main reason for this growth is the increasing demand for fishmeal & fish oil due to increased demand for fish-based food. The leading companies in Europe are focusing on launching new products for expansion of their business in local and international markets. In addition, the EU imports a wide variety of aquaculture species and products. Norway and Germany constituted the largest country-level markets in the European region in 2016.

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This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include FMC Corporation (U.S.), Austevoll Seafood ASA (Norway), Croda International Plc (U.K.), Oceana Group Limited (South Africa), and Omega Protein Corporation (U.S.); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Sürsan (Turkey), The Scoular Company (U.S.), GC Rieber Oils (Norway), Marvesa (The Netherlands), and TASA (Peru).

Targeted Audience:
  • Fish oil manufacturers
  • Regulatory bodies
  • Intermediary suppliers
  • End Users

Friday, June 5, 2020

Potato Processing Market to Showcase Continued Growth in the Coming Years

The report Potato Processing Market by Type (Frozen, Chips & Snack Pellets, Dehydrated), Application (Snacks, Ready-to-cook & Prepared Meals), Distribution Channel (Foodservice and Retail), and Region – Global Forecast to 2022″, The global potato processing market was valued at USD 22.74 Billion in 2016 and is projected to reach USD 30.85 Billion by 2022, at a CAGR of 5.3% during the forecast period. The market for potato processing is showing a significant growth due to the rise in demand for applications such as snack foods and prepared ready meals and with the increase in consumer preferences for convenience foods to save time and efforts. Increase in the number of retail channels such as hypermarkets and supermarkets, rapid growth of the fast food industry, industrialization policies (such as the FDI and the establishment of Export Processing Zones) adopted by governments of developing economies such as India and China are also expected to drive the growth of the potato processing market during the forecast period.


Based on application, the market is segmented into snacks, ready-to-cook & prepared meals, and others (food additives in soups, gravies, bakery, and desserts). The consumption of processed potato products in ready-to-cook & prepared meals application is estimated to account for the largest market share in 2017. Processed potato products used in ready-to-cook & prepared meals is a booming market due to the increase in consumer preference for convenience food products, busy work schedules, and on-the-go consumption habits. Apart from ready-to-cook & prepared meals, processed potato products also find applications in the snacks segment, such as potato-based snacks with low carbs, low salt, air-dried, baked products with a number of flavors, which also drives the demand for potato processing market.


On the basis of type, the market has been segmented into frozen, chips & snack pellets, dehydrated, and others (canned potato, potato granules, flour, and starch). The frozen segment dominated the global potato processing market, and this trend is expected to continue through the forecast period. Frozen potato products are highly consumed owing to the increase in demand for french fries, served in restaurants and fast food chains, worldwide. The expansion of Quick Service Restaurants (QSRs) such as KFC, Pizza Hut, and McDonald’s in countries such as India and China, is expected to fuel the demand for frozen potato products during the forecast period. The chips & snack pellets segment was the second-largest due to the growing popularity of potato chips among young population and ease of availability.

The global market has been segmented on the basis of distribution channel into foodservice and retail. Potato processing have been gaining importance in the foodservice segment due to the growth of food delivery channels and increase in demand for fast food. Apart from the demand from full-service and quick service restaurants, increase in the number of national and international brands in the hotel industry is expected to drive the demand for potato products in the foodservice industry during the forecast period.


The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. The most dominant factor in the region affecting the potato processing market is the dense population across most of the countries, coupled with the high production of potatoes. Government policies such as foreign direct investment (FDI) in developing economies, along with an increase in the number of business deals such as mergers, acquisitions, and investments, have assisted in the development and the growth of value-added potato processing products. The tremendous growth is majorly observed in the processed potato industry of Southeast Asia. Growing urbanization in countries such as China and India is supporting the growth of the potato chips market in this region.

This report includes a study of the product offerings and competitive benchmarking of leading companies. It includes the profiles of leading companies such as Lamb Weston Holdings, Inc. (U.S.), The Kraft Heinz Company (U.S.), McCain Foods Limited (U.S.), J.R. Simplot Company (U.S.), Agristo NV (Belgium), Farm Frites International B.V. (Netherlands), AGRANA Beteiligungs-AG (Austria), J.R. Short Milling Company (U.S.), Intersnack Group GmbH & Co. KG (Germany), Idahoan Foods, LLC (U.S.), and Aviko B.V. (Netherlands).

Growth Opportunities in the Packaging Testing Market

The global packaging testing market has grown exponentially in the last few years. The market size is projected to reach USD 14.64 Billion by 2022, growing at a CAGR of around 12.0% from 2017. Emerging countries such as India, China, Japan, Brazil, and Argentina are the potential primary markets of the industry. Factors such as rising awareness and demand for sustainable packaging, increasing retail industry with increasing demand for packed products, stringent regulatory environment, and the emergence of new technologies are the major driving factors for this market. Moreover, the requirement for longer shelf-life of products helps to drive the growth of the packaging testing industry.

The global market, based on type, is segmented into physical, chemical, and microbiological. The physical segment dominated the market with the largest share in 2016 since the determination of physical properties of a product is an essential application for packaging testing. This is followed by chemical testing of packaging which is conducted for the determination of chemical properties such as corrosion level and overall composition of the material, monitoring product quality, toxic detection, contaminants detection, and to meet other regulatory standards.


The packaging testing market, based on material type, is segmented into glass, plastic, paper & paperboard, metal, and others which include wood, polystyrene, bioplastic, cloth, and other flexible packaging. The plastic segment accounted for the largest share of this market in 2016. The paper & paperboard segment is projected to grow at the highest CAGR from 2017 to 2022. The market for paper packaging testing is growing with an increase in the use of paper & paperboard due to their easy and abundant availability, lower cost, and environment-friendly nature.

The global market, based on technology, is segmented into physical tests, spectroscopy & photometric-based, chromatography-based, and others which include chemical test, molecular, and isotope methods. The physical tests segment dominated the market in 2016. The spectroscopy & photometric-based segment is projected to grow at the highest CAGR from 2017 to 2022. Physical tests not only assure reliability, quality, and performance of packaging products but also help improve the efficiency of product performance, thereby resulting in cost savings.

The global market, based on end-use industry, is segmented into food & beverage, agrochemicals, pharmaceuticals, personal care, and others which include various industries such as textile, automobile, transportation, environmental, and other consumer goods. The pharmaceutical segment dominated the market in 2016. The food & beverage segment is projected to grow at the highest CAGR due to an increase in food safety awareness among consumers and growth in the number of packaging and labeling mandates in various regions.

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The requirement for packaging testing has grown in the region in recent years, owing to an increase in consumer awareness in the Asia-Pacific region regarding the safety of packaging for various products, especially food, healthcare, and cosmetics. The growth in this market is fueled by the economic development in countries such as China and India. China is a potential market for packaging testing due to various factors such as the expanding population, rising disposable income levels, growing export of packaging materials, and increasing consumer demand for convenience foods.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as SGS S.A. (Switzerland), Bureau Veritas SA (France), Intertek Group Plc. (U.K.), Eurofins Scientific SE (Luxembourg), and TÜV SÜD AG (Germany).

Target Audience:
  • R&D institutes
  • Technology providers
  • Packaging testing service providers
  • Intermediary suppliers
  • Wholesalers
  • Dealers
  • Consumers
  • End users
  • Retailers