Brewing Ingredients Market Will Hit Big Revenues In Future

The report "Brewing Ingredients Market by Source (Malt Extract, Adjuncts/Grains, Hops, Beer Yeast, and Beer Additives), Brewery Size (Macro Brewery and Craft Brewery), Form (Dry and Liquid), and Region - Global Forecast to 2026" The market for brewing ingredients is estimated at USD 34.5 Million in 2021; it is projected to grow at a CAGR of 6.8% to reach USD 47.9 Million by 2026. Asia Pacific accounted for the largest share, during the forecast period, in terms of value. The Asia Pacific economies are set to witness rapid economic growth and increase in the adoption of western lifestyles, which would fuel the consumption of beer in the next five years. Increasing disposable income and rising consumption of alcoholic beverages for recreational purposes influence the demand for these brewing ingredients in the market.

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The malt extract segment by source is projected to achieve the fastest growth in the brewing ingredients market.

The malt extract is the fastest-growing segment source type during the forecast period. Increasing use of specilaity malts is projected to boost the market of the malt extract segment. These malts often have a longer time in the kiln, at higher temperatures, or get roasted to add depth, complexity, and flavor to the resulting beer. Specialty malts include less in the way of sugars but have a greater influence on the color of the beer. These malts are widely used in craft beers.

By brewery size, the macro brewery segment is projected to account for the largest market share in the brewing ingredients market.

Macro brewery leads the global market owing to its large consumption globally. Macro brew is mass-produced beer brewed in very large quantities, due to which it is generally sold for a cheaper price than craft beer. Beers produced on a large scale in macro breweries are typically monotone in flavor and go through a standardized process of production, including filtration and pasteurization.

The dry segment by form is projected to account for the largest market share of the brewing ingredients market over the forecast period.

The dry segment is projected to account for the largest share. Increased shelf life of brewing ingredients in the dry form is projected to foster the growth of the segment. Because of the lower water content, dried malt extract tends to have a better shelf life without the darkening issues of light malt extract.

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Asia Pacific is projected to be the fastest growing market.

The Asia Pacific market is projected to grow at the highest CAGR during forecast period. The high growth rate is supported by various factors such as growing urbanization, increasing disposable income and increasing population in countries such as India and China.

Key Market Players:

The key players in this market include Cargill, Incorporated (US), Angel Yeast Co. Ltd. (China), Boortmalt (Belgium), Malteurop Groupe (France), Rahr Corporation (US), Lallemand Inc. (Canada), Viking Malt (Sweden), Lesaffre (France), Maltexco S.A. (Chile), and Simpsons Malt (UK). These players in this market are focusing on increasing their presence through new product launches and expansions. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Lactase Market to Showcase Continued Growth in the Coming Years

According to a research report "Lactase Market by Source (Yeast, Fungi, and Bacteria), Form (Liquid and Dry), Application (Food & Beverages and Pharmaceutical products & Dietary Supplements), Region (North America, Europe, Asia Pacific, South America and RoW) - Global Forecast to 2027" published by MarketsandMarkets, the global lactase market is estimated to be valued at USD 247 million in 2022. It is projected to reach USD 336 million by 2027, at a CAGR of 6.3%, in terms of value between 2022 and 2027. Lactase enzyme is used food and beverage industry to hydrolyze lactose found in milk and dairy products. The lactase enzyme is obtained from different sources which have high activity and enzyme stability which can sustain the fermentation process during manufacturing. A significant increase in the number of people suffering from lactose intolerance is driving up the demand for lactose-free products. This is one of the most important factors influencing the demand for lactase enzymes for the manufacturing of lactose-free products. Further, an increase in R&D activities by key players to provide affordable and sustainable solutions to the stakeholders in the value chain is expected to drive the market.

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Yeast accounts for the largest market share in the lactase market

Based on the source, the yeast segment dominates the market. Lactase enzymes are traditionally extracted from yeast, and they are stable for their application in food & beverages and pharmaceutical. Yeast contains â-galactosidase which breaks down lactose to simpler sugars. It involves the mechanism of phosphorylation, where lactose is cleaved intracellularly by a â-galactosidase.

The liquid segment accounts for the largest market share in the lactase market during the forecast period

Based on form, the liquid segment is projected to account for the largest market share in the lactase market. Liquid lactase accelerates chemical and biological reactions thus making it ideal for food & beverage application. Due to the liquid form, the enzyme is diluted and can also be used in lesser dilutions according to the application. The drawback of the liquid form is that the enzyme needs to be stored at the optimal temperature to maintain its enzymatic activity.

The pharmaceutical products & dietary supplements segment is projected to grow at a significant CAGR in the lactase market during the forecast period

By application, the lactase market is segmented into food & beverages and pharmaceutical products & dietary supplements. In the pharmaceutical segment, lactose is used as an excipient that binds the table. It is not suitable for patients with lactose intolerance; hence the dry lactase powder is used to break down the sugar and make it ideal for consumption by people with lactose intolerance. Similarly, lactose-free dietary supplements provide all nutrition from the milk without compromising on the health and taste of the product.

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Asia Pacific is projected to grow with the highest CAGR in the lactase market during the forecast period

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period and occupies a significant share in the global lactase market. The increasing awareness regarding lactose intolerance in both adults and infants is gaining momentum in the region. Additionally, the demand for lactose-reduced infant formula and lactose-free products for adult nutrition is significantly catering to the growth of the lactase market in the region. Asia Pacific is also witnessing significant expansion in terms of production by key players operating in the market. The regional manufacturers are currently focusing on new product developments and strategic deals such as partnerships, collaborations, and expansions to create more awareness among consumers and cater to the growing demand.

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 CHR. Hansen Holdings A/S (Denmark), Kerry Group plc. (Ireland), Koninklijke DSM N.V. (the Netherlands), Novozymes A/S (Denmark), Merck KGaA (Denmark), IFF (US), Amano Enzymes (Japan), Advanced Enzymes (India), Novact Corporation (US), Antozyme Biotech Pvt. Ltd (India), Nature Biosciences Pvt. Ltd (India), Aumgene Biosciences (India), Creative Enzymes (US), Enzyme Biosciences Pvt. Ltd (India), Infinita Biotech (India), Mitushi Biopharma (India), Oenon Holdings Inc. (Japan), Ultreze Enzymes (India), and Senson (Finland).

Grain Alcohol Market: Growth Opportunities and Recent Developments

The report "Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/flavoring agent, Coatings), and by Region - Global Forecast to 2026" is estimated at USD 12.2 billion in 2021; it is projected to grow at a CAGR of 4.1% to reach USD 14.9 billion by 2026.

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The increase in demand for grain alcohol in various industries such as food & beverages and health & personal care is driving the grain alcohol market globally. The grain alcohol market is gaining momentum due to the increase in beer production and increasing demand for craft beer. The use of ethanol in the beverage industry has resulted in the growth in the market of grain alcohol for beverage applications. Grain alcohols are used as preservatives, food color, or coatings in the end products. The market for grain alcohol is largely associated with the sale of beverage products. Increasing sales of a variety of beverage and health & personal care products in matured markets of developed economies in the last five years are responsible for the increased growth of the grain alcohol industry.

Ethanol sub-segment in by type segment is estimated to account for the largest share in the grain alcohol market.

Ethanol is widely used in the food industry as a flavoring and coloring agent and in candy glazing. The antimicrobial property of ethanol helps it to be used in pharmaceuticals for medicinal applications. It is very commonly found in cough syrups. Ethanol is an excellent solvent; due to its solubility, ethanol finds its usage in manufacturing antibiotics, tablets & pills, vitamins, and in a variety of medicines.

In by source segment, the fruits sub-segment is projected to account for the fastest market growth in the grain alcohol market.

Alcohol can be produced by fermenting a sugar-containing mash of fruits such as grapes, berries, and apples. Grapes are the most commonly used raw materials for alcohol fermentation to produce alcoholic beverages such as wine and brandy. Apples and citrus fruits, when added with sufficient fermentable sugars, are crushed and fermented. Their use in production of premium quality alcoholic beverages such as wines, is estimated to increase their usage in the market.

Beverage sub-segment by application is projected to account for the largest market share of the grain alcohol market over the forecast period.

Alcoholic beverages are estimated to account for the largest market share in the global grain alcohol market, as globall populations in developed and developing economies show a rising trend for consumption of alcoholic beverages. The manufacturers are also investing into development of newer customized lproduc ts for attracting consumer interest and sales for their products. These are estimated to account for the strong growth of the segment.

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North America is estimated to dominate the global grain alcohol market over the forecast period.

The rising consumption of and demand for alcohol has resulted in the use of grain alcohol for beverage applications. In North America, the US is one of the dominant grain alcohol markets. Beer, spirits, and wine are largely consumed alcoholic beverages in this country. The country has no specific law that forbids consumption of alcohol in public but enforces strict laws on age limit for its consumption and purchase. According to the Organisation for Economic Co-operation and Development (OECD), Canada has milder levels of taxation of alcohol at the federal level, but minimum prices and markups are enforced in several provinces, which contribute to raising prices. These trends account for the strong share of the region in global market.

Key Market Players:

The key players in this market include ADM (US, Cargill (US), Wilmar Group (Singapore), Merck Group (Germany), and Roquette Frères (France). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

3D Food Printing Market to Record Steady Growth by 2027

According to a research report "3D Food Printing Market by Vertical (Government, Commercial, and Residential), Technique (Extrusion based printing, Selective laser sintering, Binder jetting and Inkjet printing), Ingredient and Geography - Global Forecast to 2027" published by MarketsandMarkets, the 3D food printing market is estimated to account for nearly USD 201 million in 2022 and is projected to reach a value of nearly USD 1,941 million by 2027, growing at a CAGR of 57.3% from 2022. Large-scale manufacturing of food in commercial kitchens has exacerbated the problem of food waste. 3D food printing is a distinguished approach to reducing waste throughout consumption by utilizing food products such as meat off-cuts, leftover fruits and vegetables, and seafood by-products. Thus, with increasing awareness among consumers about food wastage and environmental issues, more consumers and food suppliers are anticipated to adopt 3D food printers. This is projected to drive the 3D food printing market.

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By ingredient type, the carbohydrate segment is estimated to account for the largest share in the 3D food printing market in 2022.

On the basis of ingredient type, the carbohydrate segment is estimated to dominate the 3D food printing market in 2022. Carbohydrate is the most widely used ingredient type used in 3D food printing because of the gelatinization property of carbohydrates. Increasing demand of carbohydrate-based food such as bakery products, confectionaries, driving the demand of carbohydrate type.

By vertical, commercial segment is projected to be the fastest-growing segment during the forecast period in the 3D food printing market

During the forecast period, the commercial segment is projected to grow at the highest CAGR in the bakery processing equipment market, in terms of value. Most of the companies working toward the development of the 3D food printers are focusing on the commercial vertical. 3D food printers are more popularly used as chocolate, candy, and bread printing machines as the ingredients required to make these products are easily available. However, the companies such as Nestlé (Switzerland), Barilla (Italy), and Modern Meadow are also working to develop ingredients for other foods, including meat.

Extrusion based printing sub-segment is estimated to account for the largest market share and the fastest growth in the global 3D food printing market

Extrusion technology pushes materials into holes at high temperatures and pressures, one layer at a time, and stacks them. Naturally soft materials include puree, jelly, frosting, cheese, and mashed potatoes. Extrusion-based 3Dfood printing is one of the most extensively used and adopted processes among the available options. It is the most affordable 3D printing technology, and because of its low cost, it is also the most popular among small enterprises and households. Thus, their usage is rising rapidly in the 3D food printing sector.

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The North American market is estimated to dominate the 3D food printing market in 2022

The North America is estimated to account for the largest market share in the 3D food printing market in 2022. The presence and growth of the companies offering the 3D food printing technology in this region are boosting the market in this region. This region is projected to be the largest market during the forecast period.

The US is known as one of the early adopters of the new technologies in the world. The busy and fast-moving life of common people makes it hard for them to get the proper nutritious diet. The 3D food printing technology could provide an option to have customized nutritious food. Also, the US government spends the highest amount of budget on healthcare, and the benefits of 3D food printers to provide food rich in specific nutrients and with the ease of chewing and swallowing would provide a suitable option for feeding the aged patients.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the 3D food printing market. It includes the profiles of leading companies such as 3D systems (US), TNO (Netherlands), NATURAL MACHINES (Spain), Choc edge (UK), Systems & Materials Research Corporation (US), byFlow B.V. (Netherlands), beehex (US), CandyFab (US), ZMORPH S.A (Poland) and Wiiboox (China).

Food Inclusions Market Growth by Emerging Trends, Analysis, & Forecast

The food inclusions market size is estimated to be valued at USD 13.4 billion in 2022 and is projected to reach USD 18.7 billion by 2027, recording a CAGR of 6.9% during the forecast period in terms of value. There has been a significant change in the food consumption pattern of consumers. Consumers are becoming more concerned and educated about the products they consume globally. Consumers are demanding clean-label products, products that are free from synthetic ingredients, and demand for more nutritious products is also gaining traction in various countries. Owing to these factors, the demand for food inclusions especially natural fruits and nuts, is gaining traction during the forecast period.

Food inclusions are small pieces of food that are added to other food products to enhance their texture, flavor, and visual appeal. They can be made from a wide range of ingredients, including fruits, nuts, chocolate, and even savory ingredients like bacon or cheese. Food inclusions can be used in a variety of food products, including baked goods, snacks, cereals, and ice cream.

Market Trends and Analysis:

The Food Inclusions Market has been growing rapidly in recent years, as more and more consumers seek out food products that offer unique flavors and textures. Some of the key market trends and analysis include:

• Increased demand for natural and organic food inclusions
• Rising popularity of clean label products, which are free from artificial colors, flavors, and preservatives.
• Growing interest in functional food inclusions, such as those that offer added health benefits like probiotics or fiber
• Increased use of savory inclusions, particularly in snack foods and prepared meals

Growth Opportunities:

The Food Inclusions Market offers a wide range of growth opportunities for food manufacturers and retailers. Some of the key areas of opportunity include:

• Expansion into new markets and regions
• Development of innovative new products and flavors
• Integration of food inclusions into existing product lines
• Collaboration with suppliers to develop new and unique food inclusions.
• Investment in research and development to stay ahead of the competition.

The Asia Pacific is estimated to be the fastest-growing region over the forecast period.

The Asia Pacific is estimated to be the fastest-growing region in the global food inclusion market in 2021. The Asia Pacific food inclusion market countries include China, India, Japan, Australia, New Zealand, and the Rest of Asia Pacific.

The immense growth in the processed food industry and the growing consumer demand for convenience food such as bakery products, breakfast cereals, and snack bars in food products are the major factors driving the food inclusion market growth. Other major factors that drive the food inclusion market growth are changes in consumer tastes and preferences, increasing population density and education level, increasing health awareness of the population, and rising economic status and living standard of people.

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 ADM (US), Sensory Effects (US), Barry Callebaut (Switzerland), AGRANA Beteiligungs-AG (Austria), Taura Natural Ingredients Ltd. (New Zealand), and Nimbus Foods Ltd (UK).

Liquid Fertilizers Market Growth Opportunities by 2025

The global liquid fertilizers market size is projected to reach USD 3.0 billion by 2025, recording a CAGR of 4.4%. The increase in demand for enhanced high-efficiency fertilizers, ease of use and application of liquid fertilizers, and adoption of precision farming and protected agriculture are some of the factors that are projected to drive the growth of the market. 

The liquid fertilizers market is expected to experience significant growth in the coming years. Liquid fertilizers are increasingly being adopted by farmers and gardeners due to their ease of application and efficiency in delivering nutrients to plants. Liquid fertilizers are also more environmentally friendly than traditional solid fertilizers as they are less likely to leach into groundwater and can be applied with precision to minimize waste.

The market is expected to be driven by the increasing demand for high-quality food products and the need for sustainable agriculture practices. The use of liquid fertilizers can improve crop yields, which is crucial for meeting the growing global demand for food. The increasing popularity of organic farming and the demand for environmentally friendly products are also expected to drive the growth of the market.

The Asia-Pacific region is expected to be the fastest-growing market for liquid fertilizers due to the increasing demand for food products in the region. The region is also home to some of the largest agricultural economies in the world, such as China and India, which are expected to drive the growth of the market.

Key players in this market include Nutrien, Ltd. (Canada), Yara International ASA (Norway), Israel Chemical Ltd. (Israel), K+S Aktiengesellschaft (Germany), Sociedad Química y Minera de Chile (SQM) (Chile), The Mosaic Company (US), and EuroChem Group (Switzerland). These major players in this market are focusing on increasing their presence through expansions investments, mergers acquisitions, partnerships, joint ventures, and agreements. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities, along with strong distribution networks across these regions.

Aquafeed Market Growth Opportunities by 2025

The aquafeed market size is projected to reach USD 71.6 billion by 2025, recording a CAGR of 7.2% during the forecast period. The global aquafeed market is primarily driven by the increasing seafood trade, growth in aquaculture production, and rising seafood consumption among consumers due to the increasing need for protein-rich diets. Aquafeed comprises one or more artificial and/or natural feedstuffs in the form of pellets or extruded bits for commercial fish, crustaceans, and mollusks. The growth in the global consumption of aquafeed has continued to be significant due to the growing aquaculture industry. Global aquaculture production has grown rapidly during the past decades, contributing significant quantities to the world’s fish and seaweed supply for human and animal consumption. Aquaculture is an important part of the economic development of many countries and has been received positively by several governments seeking to boost their countries’ economic performance; many policies have been the introduction of policies in support of the sector.

The aquafeed market has been experiencing steady growth over the years due to the increasing demand for seafood products and the growth of the aquaculture industry. Aquafeed refers to the food that is given to aquatic animals such as fish, crustaceans, and mollusks in order to promote their growth and development.

The market is expected to continue growing in the coming years due to factors such as the rising global population, increasing disposable incomes, and changing dietary preferences towards seafood products. Additionally, the aquaculture industry is expected to continue growing as wild fish populations decline and demand for seafood products increases.

The aquafeed market is segmented by ingredient, form, and application. The main ingredients used in aquafeed include fishmeal, soybean, corn, wheat, and others. The form of aquafeed can be either pellets or extruded, while the application can be either commercial or household use.

Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is the largest market for aquafeed, due to the high consumption of seafood products in the region and the significant growth of the aquaculture industry in countries such as China and India.

The major players in the aquafeed market include Cargill, Incorporated, Archer Daniels Midland Company, Nutreco N.V., Ridley Corporation Limited, and Alltech Inc., among others. These companies are focusing on research and development to improve the quality of aquafeed and meet the changing demands of consumers.

In conclusion, the aquafeed market is expected to continue growing due to the increasing demand for seafood products and the growth of the aquaculture industry. The market is segmented by ingredient, form, and application, and geographically, Asia Pacific is the largest market for aquafeed. The major players in the market are focused on research and development to improve the quality of aquafeed and meet the changing demands of consumers.