Friday, November 15, 2024

Fruit Fillings Market Outlook 2028: Trends in Filling Types, Fruit Varieties, and Applications by Region

 The global fruit fillings market is projected to grow from USD 3.0 billion in 2023 to USD 3.8 billion by 2028, reflecting a CAGR of 4.6% during the forecast period. Rising per capita income and growing health consciousness are driving demand for convenient, flavorful, and natural food options. In the Asia Pacific region, the expanding middle-class population is significantly boosting purchasing power. According to OECD projections, the region could account for 59% of global middle-class consumer spending by 2030. This shift, coupled with increased consumer spending, is fueling demand for natural ingredient-based products like fruit fillings in food and beverages.

Fruit Fillings Market

Fruit fillings are increasingly preferred as a healthier alternative to artificial sweeteners in bakery and confectionery products. Changing consumer lifestyles and preferences for healthier and flavorful food continue to drive the market.

Fruit Fillings Market Opportunities: Growing Health Awareness Among Consumers

Health and wellness trends are reshaping the food industry, and the fruit fillings market is no exception. Manufacturers are focusing on creating low-sugar, low-fat, and low-calorie fruit fillings while incorporating functional ingredients like dietary fiber to meet consumer demands.

Fruit fillings, rich in vitamins, fiber, and antioxidants, are a natural substitute for refined sugars, making them suitable for individuals managing blood sugar levels or reducing sugar intake. For instance, blueberry fillings are packed with antioxidants, while apple fillings provide dietary fiber. The rising preference for healthier food options is expected to drive the growth of the fruit fillings market.

Expanding Applications in the Dairy Industry

Fruit fillings are extensively used in dairy products like yogurt, cheesecakes, cream cheese spreads, milkshakes, and whipped cream to enhance flavor and texture. American consumers, in particular, are favoring innovative fruit flavors such as peach, passionfruit, guava, and other tropical varieties in cultured dairy products.

As dairy and dairy-alternative categories innovate with nutrient-rich beverages and artisan butter, demand for fruit-based inclusions is increasing. This trend is especially evident in North America, where the growing health-conscious consumer base sees fruit-filled food and beverages as a convenient way to maintain overall health and wellness.

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United States: A Leading Market in North America

The United States remains a dominant market for fruit fillings in North America, driven by growing consumer health awareness, increasing demand for vitamin C-enriched ingredients, and the preference for natural and flavorful food products.

A wide range of fruit fillings, including berry, apple, citrus, and mixed fruit varieties, are readily available, further fueling market growth.

Fruit Fillings Manufacturers

Leading companies in the fruit fillings market include Puratos Group (Belgium), Dawn Food Products Inc. (US), Agrana Beteiligungs-AG (Austria), CSM Ingredients (Luxembourg), Bakels Worldwide (Switzerland), Barry Callebaut (Switzerland), Andros Group (France), Zentis GmbH & Co. KG (Germany), Rice & Company Inc. (US), and Fruit Filling Inc. (US).

Dawn Food Products, Inc. is a family-owned company specializing in bakery ingredients and solutions, offering products such as bases, mixes, glazes, and fruit fillings. In February 2023, the company expanded its Delifruit range of ready-to-use fruit fillings.

Bakels Worldwide is a global conglomerate in the bakery ingredients industry, producing high-quality fruit fillings in various flavors and textures. In March 2023, Bakels acquired Orley Foods, a provider of sweet ingredient solutions based in Cape Town.

Key Questions Addressed in the Fruit Fillings Market Report:

  • What is the current landscape of the fruit fillings market?
  • What are the primary applications for fruit fillings?
  • What factors are driving market growth?
  • What types of fruit fillings are commonly available?
  • Which regions lead the fruit fillings market?
  • What innovations are influencing the fruit fillings market?
  • What are the major growth drivers for the fruit fillings market?
  • What is the future outlook for the fruit fillings industry?

Wednesday, November 13, 2024

Animal Disinfectants Market Growth Projections by Type, End-User, and Region – Insights to 2029

 The global animal disinfectants market is projected to grow from USD 3.9 billion in 2024 to USD 5.7 billion by 2029, at a CAGR of 7.9%. This growth is primarily driven by rising awareness among consumers and industries about the importance of animal health and hygiene across livestock, poultry, and aquaculture sectors. Additionally, there is increasing awareness around the prevention of infectious diseases in animals, which can significantly impact agriculture. Strict food safety and biosecurity regulations from governments are also fueling demand for effective disinfectant solutions. The development of new, eco-friendly, and biodegradable disinfectant formulations—ranging from iodine and phenol to hydrogen peroxide and quaternary ammonium compounds—further contributes to market expansion by addressing specific needs in diverse animal farming environments. It is crucial that these disinfectants are safe for animals, humans, and the environment, as adverse effects on any of these can inhibit market growth.

Animal Disinfectants Market

Animal Disinfectants Market Drivers: Rising Incidences of Livestock Diseases

An alarming rise in African Swine Fever (ASF) outbreaks across Europe exemplifies the growing need for robust disease prevention. According to a 2022 report from the European Parliament’s ADIS, there were 537 ASF outbreaks in domestic pigs and 7,442 in wild boars across Europe, affecting numerous countries. By 2023, the ASF outbreak numbers surged, with 902 cases in domestic pigs and 5,445 in wild boars recorded by mid-year. This sharp increase highlights the pressing threat to animal health, economic stability, and food security in regions dependent on pig farming, underscoring the importance of biosecurity, disease surveillance, and disinfection measures.

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Growth of Powdered Animal Disinfectants

The powdered form of animal disinfectants is forecasted to capture a significant market share due to advantages like easy storage, transport, and application compared to liquid disinfectants. Powdered disinfectants are particularly effective for targeting surfaces, reaching difficult areas, and controlling biofilms to prevent cross-contamination. These products are less prone to spills or leaks, enhancing their convenience and safety. In March 2023, Neogen launched Viroxide Super, a peroxygen-based powder disinfectant with new virucidal claims in the US and Canada against multiple viruses, including Avian Influenza and ASF, aligning with the rising demand for powdered solutions.

Regional Insights: Asia Pacific to Lead Market Growth

From 2024 to 2029, the Asia Pacific region is expected to experience the highest growth rate in the animal disinfectants market due to increasing ASF incidences. Recent outbreaks across Malaysia, Singapore, and India have necessitated significant disease control efforts. For instance, in 2024, over 10,300 pigs were culled in Mizoram and 310 in Kerala to contain ASF outbreaks. This crisis is boosting demand for effective disinfectants as governments and farms focus on biosecurity and disease management, thus driving market growth in the region.

Animal Disinfectants Manufacturers

Prominent players in the animal disinfectants market include Neogen Corporation (US), GEA Group (Germany), Lanxess (Germany), Zoetis (US), Solvay (Belgium), Stockmeier Group (Germany), Kersia Group (France), Ecolab (US), Albert Kerbl GmbH (Germany), PCC Group (Germany), DeLaval Inc. (Sweden), Diversey Holdings (US), Virbac (France), Kemin Industries (US), and Fink Tec GmbH (Germany). Other key players, such as Evans Vanodine International PLC (UK), Sanosil LTD (Switzerland), Virox Animal Health (Canada), Veesure (India), and Acuro Organics Ltd (India), are expanding through strategic agreements and collaborations. These companies benefit from extensive manufacturing facilities and distribution networks across North America, Asia Pacific, and Europe, supporting their strong market presence.

Animal Disinfectants Industry Developments

  • In April 2024, Neogen introduced Farm Fluid MAX Disinfectant, a robust and adaptable solution tailored to meet the stringent hygiene demands of the livestock and poultry sectors in Great Britain. This product effectively targets pathogens, ensuring a high level of sanitation in farming environments.
  • In January 2022, STOCKMEIER Group acquired New QuĂ­mica S.L., a company specializing in the storage, sales, and distribution of chemical products. This acquisition supports STOCKMEIER’s strategic expansion into the Spanish market.
  • In May 2021, Kersia Group acquired Bioarmor, a producer of enzyme-based hygiene products used for cleaning and disinfecting buildings, equipment, and animal environments, including solutions for pigs, poultry, ruminants, and horses. Bioarmor’s commercial presence in France is bolstered by this acquisition.
  • In October 2022, Diversey acquired Tasman Chemicals, an Australian manufacturer of professional hygiene and cleaning products. This acquisition enhances Diversey’s operational reach and customer service capabilities in both New Zealand and Australia, expanding the company’s regional presence.

Tuesday, November 12, 2024

Crop Protection Chemicals Industry Insights, Latest Trends, Size, Share, Growth Opportunities, and Forecast

The global crop protection chemicals market is anticipated to grow from USD 79.3 billion in 2024 to USD 101.0 billion by 2029, with a CAGR of 5.0% during this period. Climate change is impacting weather patterns, increasing the prevalence of pests and diseases that threaten crops. Warmer temperatures and shifting rainfall patterns allow pests like the Fall Armyworm to expand their range, affecting crops in Africa and Asia. These rising threats are driving demand for crop protection chemicals to safeguard yields. The Food and Agriculture Organization (FAO) estimates that 20–40% of global crop production is lost annually due to pests, highlighting the critical need for effective crop protection. To support agriculture, governments worldwide are introducing policies and subsidies, such as India's Pradhan Mantri Fasal Bima Yojana (PMFBY), which provides insurance for crop losses due to pests and diseases, indirectly promoting crop protection solutions. Additionally, regulatory frameworks encourage the safe use of these chemicals, further supporting market growth.

Crop Protection Chemicals Market Opportunities: Integrated Pest Management (IPM)

Integrated Pest Management (IPM) is a promising approach in the crop protection chemicals market, combining chemical, biological, cultural, and physical strategies to manage pests sustainably. IPM advocates for the careful use of chemicals, employing them alongside other methods to minimize environmental impact and avoid pest resistance. This approach drives the development of targeted, eco-friendly chemicals compatible with IPM, fostering innovation and growth in the sector as companies respond to the increasing demand for sustainable pest control solutions.

Mode of Application Segment: Seed Treatment

The seed treatment segment is expected to experience the highest growth rate during the forecast period. Seed treatment involves applying protection chemicals directly to seeds before planting, shielding them from pests, diseases, and other stressors during early growth. This approach offers efficient chemical use, targeted application, and minimal environmental impact compared to traditional spraying. The rise of precision agriculture and advancements in seed coating technology are boosting the popularity of seed treatments, which provide uniform coverage and improved efficacy, enhancing crop establishment and yield. Farmers are increasingly adopting seed treatments as they seek cost-effective, sustainable solutions to maximize productivity.

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Why is the Asia-Pacific Region Expected to Dominate the Crop Protection Chemicals Market?

The Asia-Pacific region’s dominance is attributed to its vast agricultural base and the need to enhance crop yields to support its large and growing population. With over 60% of the global population, Asia-Pacific is a hub for agriculture, particularly in countries like China and India, where effective crop protection is essential for food security and economic stability. The region's diverse climates create significant pest and disease challenges, increasing demand for crop protection chemicals. For example, the Fall Armyworm has caused substantial crop losses, pushing governments and farmers to invest in pest management solutions. Additionally, modern farming practices and technology adoption in countries like Japan, Australia, and South Korea are propelling the market for advanced crop protection products. Precision agriculture is helping optimize chemical usage, reducing waste and boosting efficacy.

Leading Crop Protection Chemicals Companies

Prominent companies in the crop protection chemicals market include BASF SE (Germany), Bayer AG (Germany), FMC Corporation (US), Syngenta Group (Switzerland), Corteva (US), UPL (India), Nufarm (Australia), Sumitomo Chemical Co., Ltd. (Japan), Albaugh LLC (US), Koppert (Netherlands), Gowan Company (US), American Vanguard Corporation (US), Kumiai Chemical Industry Co., Ltd. (Japan), PI Industries (India), and Chr. Hansen A/S (Denmark). These companies are expanding through partnerships and agreements, maintaining a strong presence across North America, Asia-Pacific, South America, Europe, and other regions, with support from extensive manufacturing facilities and distribution networks.

Crop Protection Chemicals Industry News

  • January 2024: Gowan Crop Protection Limited, an affiliate of Gowan Company, LLC, entered agreements with Syngenta Crop Protection AG to acquire global rights to the active ingredient cyromazine, including product registrations, trademarks like TRIGARD and LEPICRON, intellectual property, and labels.
  • March 2023: Corteva completed acquisitions of Symborg, a microbiological technology company based in Spain, and Stoller, a large biologicals industry company in the US, strengthening its position in the biologicals market.
  • December 2023: Albaugh LLC received U.S. Environmental Protection Agency approval for Maxtron 4SC herbicide (EPA Reg. No. 45002-37), containing ethofumesate, a broad-spectrum herbicide for controlling weeds such as annual sowthistle and nutsedge in sugar beets, garlic, onions, and other crops. This product addition strengthens Albaugh’s market presence and weed control offerings, improving crop yields.

Monday, November 11, 2024

Beta-Glucan Market to Showcase Continued Growth in the Coming Years

 The beta-glucan market size is valued at USD 542 million in 2024, with projections suggesting a growth rate of 8.1% CAGR to reach USD 800 million by 2029. The demand for nutritional supplements is rising as urbanization and fast-paced lifestyles increase, leading to the integration of food additives that enhance nutritional value without adverse effects. This demand spans both conventional and organic food sectors, with consumers increasingly prioritizing natural ingredients. A 2022 report by BakeryandSnacks found that approximately 47% of global consumers prefer natural products, and 55% prioritize natural attributes in at least one product category. This shift, coupled with EU restrictions on synthetic additives, has spurred growth in the natural food additives market. Derived from sources like cereals, yeast, mushrooms, and seaweed, beta-glucan is a naturally occurring Biological Response Modifier (BRM) that stimulates immune health, driving demand for beta-glucan-enriched products to support a healthy lifestyle.

Beta-Glucan Market Drivers: Expanding Applications for Beta-Glucan in Multiple Industries

Beta-glucan is widely recognized for its health benefits, such as immune enhancement, anti-inflammatory effects, and cholesterol reduction. Beyond food and supplements, beta-glucan's applications are expanding across industries. It is now explored as an eco-friendly alternative in food packaging, potentially replacing petroleum-based plastics. A 2020 study published in the Journal of Applied Polymer Science highlighted the durability of beta-glucan-based films, suggesting they could serve as edible coatings to preserve produce. Additionally, the European Commission's Joint Research Centre has researched beta-glucan as a coating for paper-based packaging to improve water resistance. Following this innovation, Biopack launched a beta-glucan-based coating in 2021, enhancing paper packaging’s water resistance and durability while supporting sustainability.

Food & Beverage Segment Leads Market Applications

Beta-glucan consumption has been linked to reducing the risk of chronic diseases such as diabetes, heart disease, and certain cancers. The US FDA has validated health claims stating that “soluble fiber from specific foods, such as oats and barley, when included in a diet low in saturated fat and cholesterol, can reduce heart disease risk.” Reflecting this trend, Swedish oat milk brand Oatly launched a beta-glucan-fortified line, “Oatly+ Beta-Glucan,” in 2021, promoting heart health benefits. As such, demand for beta-glucan in the food and beverage sector is driven by its potential in chronic illness prevention and wellness.

Dietary Supplement Segment Poised for Rapid Growth

Yeast plays an essential role in industrial fermentation, producing products like bread, beer, and biofuels, with optimized yeast strains enhancing beta-glucan production for large-scale applications. Australian health brand Swisse Wellness introduced Beta-Immune Booster, a supplement with beta-glucan from Saccharomyces cerevisiae, in 2021 to support immune health, attracting positive consumer response. This trend signals a robust future for beta-glucan supplements as consumers increasingly seek natural, potent dietary options.

Asia Pacific Expected to See Fastest Growth from 2024 to 2029

Regional analysis shows significant market expansion across North America, Europe, Asia Pacific, South America, and other regions. The Asia Pacific market, in particular, is driven by innovations in beta-glucan-based food, beverage, industrial, and healthcare products, encouraging local companies to diversify and grow revenue. Key players in the market include Tate & Lyle PLC (UK), Kerry Group plc (Ireland), dsm-firmenich (Switzerland), Merck (Germany), and Kemin Industries (US), among others.

Top Beta-Glucan Companies:

Tate & Lyle PLC (UK), Kerry Group plc (Ireland), dsm-Firmenich (Switzerland), Merck (Germany), Lesaffre (France), Kemin Industries (US), Angel Yeast Co. Ltd (China), Lallemand (Canada), Associated British Foods Plc (UK), Bigrigin (Brazil), Ceapro, Inc. (Canada), NutriScience Innovations, LLC (US), Alltech (US), Garuda International Inc. (US), and Leiber (Germany) are the key players in the beta-glucan market.

Recent Developments in the Beta-Glucan Industry

June 2023: Kemin Industries received approval from the Thai FDA for its immune-supporting ingredient, BetaVia Complete, as a Novel Food in Thailand. Derived from Euglena gracilis, this beta-1,3-glucan-rich product is now approved for supplements at 375 mg per day.

December 2022: Kemin expanded its production in Cavriago, Italy, to meet the growing demand for beta-glucan in animal nutrition, highlighting the company’s commitment to innovation and sustainability.

January 2022: DSM restructured its Food & Beverage division, combining Food Specialties, Hydrocolloids, and Nutritional Products. This consolidation aims to guide consumers towards choices that balance taste, texture, and health, aligning with DSM's vision of becoming a dedicated Health, Nutrition & Bioscience company.

Key Questions Addressed by the Beta-Glucan Market Report:

  • What is the current size of the beta-glucan market?
  • Which are the key players in the market, and how intense is the competition?
  • Which region is projected to account for the largest share of the beta-glucan market?
  • What kind of information is provided in the company profile section?
  • What are the factors driving the beta-glucan market?

Wednesday, November 6, 2024

Fats and Oils Market Innovations: Exploring New Opportunities in Biofuels, Oleochemicals, and Animal Feed

 The global fats and oils market is projected to be valued at USD 271.8 billion in 2024, with a compound annual growth rate (CAGR) of 3.6%, expected to reach USD 323.7 billion by 2029. This market is undergoing significant transformations and innovations. The demand for fats and oils goes beyond culinary uses, impacting various sectors, including animal feed, oleochemicals, and biofuels.

Fats and Oils Market

Vegetable oils and animal fats are essential components in the food industry, contributing to the texture, flavor, and shelf life of processed foods. Palm, rapeseed, sunflower, and soybean oils are the most widely used oils worldwide, thanks to their versatile applications in both food and non-food products. Animal fats, such as butter and lard, are particularly important in baking, where they are prized for their rich, distinctive flavors.

Fats and Oils Market Trends

Here are some key trends in the Fats and Oils Market:

Health Consciousness: As consumers become more health-conscious, there’s a growing demand for healthier fats, such as olive oil, avocado oil, and coconut oil. This shift is leading to the popularity of oils with favorable fatty acid profiles and beneficial nutrients.

Plant-Based Oils: The trend toward plant-based diets is driving the demand for oils derived from plants. Oils like sunflower, canola, and palm oil are gaining traction due to their versatility and health benefits.
Sustainable Sourcing: Environmental sustainability is becoming increasingly important for consumers and manufacturers. Brands are seeking sustainably sourced oils and fats, leading to a rise in certifications like RSPO (Roundtable on Sustainable Palm Oil).

Functional Fats: There is a growing interest in functional fats that offer additional health benefits, such as omega-3 and omega-6 fatty acids. These are often marketed for their heart health benefits and ability to support cognitive function.

Food Innovation: The food and beverage industry is continually innovating with new formulations that incorporate unique fats and oils to enhance flavor, texture, and nutritional value. This includes the use of fats for plant-based and alternative protein products.

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Vegetable Sources of Fats and Oils Expected to Lead Market Share During the Forecast Period.

Vegetable-based oils are expected to maintain the largest share of the fats and oils market throughout the forecast period. This dominance can be attributed to their versatility, health benefits, and wide availability. Oils from sources like soybean, palm, and sunflower are commonly used in cooking and food processing due to their broad range of applications and consumer preference for healthier alternatives to animal fats. These oils offer essential fatty acids and are considered more beneficial for health. Moreover, innovations in agricultural practices and biotechnology have boosted vegetable oil production, ensuring a consistent and cost-effective supply. Their adaptability in both food and industrial uses reinforces their leading role in the market.

The Food Application Segment is Projected to Dominate the Fats and Oils Market Share Throughout the Forecast Period.

In the application segment, the food industry is projected to hold the largest share of the fats and oils market throughout the forecast period. Fats and oils play a vital role in enhancing flavor, texture, and preservation across various food products. They are essential in cooking and baking, providing desirable characteristics like crispiness and richness. Additionally, fats and oils act as carriers for fat-soluble vitamins and flavors, boosting consumer appeal. The growing demand for processed and convenient foods, coupled with an increasing interest in diverse culinary experiences, further drives the dominance of food applications in this market segment.

Top Fats and Oils Companies

The key players in the market are ADM (US), Wilmar International Ltd (Singapore), Cargill, Incorporated (US), Bunge (US), Kaula Lumpur Kepong Berhad (Malaysia), Olam Agri Holdings Pte Ltd (India), Manildra Group (Australia), Mewah Group (Singapore), Associated British Foods plc (UK), United Plantations Berhad (Malaysia), Ajinomoto Co., Inc. (Japan), Fuji Oil Co., Ltd. (Japan), Oleo-Fats (Philippines), Borges Agricultural and Industrial Edible Oils, S.A.U. (Spain), K S Oils Limited (India), CSM Ingredients (US), SD Guthrie International Zwijndrecht Refinery B.V. (Netherlands), Musim Mas Group (Singapore), Richardson International Limited (Canada), and AAK AB (Sweden).

Tuesday, November 5, 2024

Food Blenders and Mixers Market Trends, Share Report, Growth Drivers, Market Size, and Future Outlook

 The food blenders and mixers market size was valued at approximately USD 8.0 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.0%, reaching around USD 10.8 billion by 2027. Blending and mixing ingredients is an essential process in food production, making food blenders and mixers indispensable to the industry. Consequently, companies are introducing advanced blending and mixing technologies that enhance efficiency and reduce processing times. These advancements are projected to drive growth in the food blenders and mixers market.

Food Blenders and Mixers Market Drivers: Shifting Consumer Demands Fuel Growth in the Food Processing Sector

Food and beverage processing transforms raw materials and various ingredients into consumable products through physical or chemical methods. In the past, manufacturers in this sector relied heavily on traditional techniques and labor-intensive practices, which limited production output and increased costs due to the workforce required, waste, and longer production times. The primary operation in this transformation is mixing, which is essential for creating food suitable for consumption. To address these challenges, the food and beverage processing industry has seen significant advancements, particularly with the introduction of food blenders and mixers. These machines facilitate the processing of various products across sectors like bakery, dairy, and confectionery, depending on the mixing phase (liquid-liquid, solid-liquid, or solid-solid) and the physical characteristics of the final product, such as viscosity and density. Consequently, the blenders and mixers industry has a promising outlook due to the growth in food and beverage processing.

Increasing per capita income and a rising trend toward snacking between meals are driving demand for ready-to-eat (R.T.E) products, nutrition bars, extruded snacks, bakery items, batter-coated products, and soups and sauces. Consumer preferences in emerging markets like China, India, Brazil, and the Middle East have shifted from traditional homemade meals to ready-to-eat options over the past few decades. In response to this growing demand, companies are investing in boosting their production capacities. They are adopting modern mixing and blending techniques to reduce time, minimize labor costs, and decrease waste, resulting in higher-quality products at lower costs and improved sustainability. Recent innovations in food processing and packaging aim not only to enhance productivity but also to integrate advanced automation, control, and monitoring systems. Many global players have upgraded their facilities with multifunctional equipment, driving growth in the food processing equipment sector and further increasing the demand for blending and mixing equipment.

Food Blenders and Mixers Market Opportunities: Increase in demand for innovative blenders & mixers for special ingredients

Blenders and mixers play a crucial role in combining nearly every ingredient in the food and beverage industry. However, some ingredients, like xanthan gum, present challenges when mixed with water. Known for its thickening and stabilizing properties in emulsions and suspensions, xanthan gum tends to form a gel structure in water, which exhibits shear-thinning behavior. To enhance its effectiveness, it is often combined with other rheology modifiers like guar gum. Despite its benefits, xanthan gum can clump when mixed with water, leading to mixing difficulties. Various dispersion and hydration techniques are employed to address this issue. An advanced high-shear mixer can effectively solve this problem by creating a lump-free dispersion and fully hydrating xanthan gum much more quickly than traditional methods. This innovative blender and mixer technology opens up new opportunities for manufacturers to thrive in niche markets.

Europe is expected to hold the largest market share throughout the forecast period.

Food manufacturers are increasingly investing in advanced processing machinery to minimize processing times and improve operational efficiency. This region’s food processing sector is experiencing a transformation through automation, creating additional opportunities for manufacturers of food blenders and mixers. Furthermore, the sector’s rapid annual growth is generating even more business prospects for these manufacturers.

Top Food Blenders and Mixers Companies:

The key players in this market include GEA Group (Germany), Tetra Laval (Switzerland), SPX Flow (US), Alfa Laval (Sweden), Marel (Iceland), Krones AG (Germany), Sulzer Ltd (Switzerland), Buhler (Switzerland), JBT (US), KHS Group (Germany), Hosokawa Micron Group (Japan), Amixon GmbH (Germany), Technosilos AP (Italy), Admix Inc. (US), and Nano Pharm Technology Machinery Equipment Co. Ltd. (China). To strengthen their market position in the global food blenders and mixers market, these players focus on strategies such as recent developments, acquisitions, collaborations, and partnerships.

GEA Group is one of the largest suppliers and solution providers for food processing technology and related industries. It manufactures, develops, and produces process technology and components for the food processing and related industries. It provides products & services to beverage, chemical, dairy, dairy farming, environment, food, heating & refrigeration, home & personal care, marine, oil & gas, energy, and pharma & healthcare industries across the globe. It operates in over 62 countries worldwide, covering regions, such as Asia Pacific, Europe, the Americas, Africa, and Middle Eastern countries. The company’s business operations are segmented into five divisions: Separation & Flow Technologies, Liquid & Powder Technologies, Food & Healthcare Technologies, Farm Technologies, and Heating & Refrigeration Technologies.

Tetra Laval has served as one of the top leaders in the food processing & packaging solutions business for over 70 years. The company’s business operations have been segmented into three entities: Tetra Pak, DeLaval, and Sidel. Tetra Pak’s product portfolio includes carton packages, processing equipment, packaging equipment, and distribution equipment automation solutions and services. Tetra Pak is a leading provider of processing equipment for the food & beverage industry. Tetra Pak products are uniquely equipped to provide solutions that meet their customers’ needs.

Tetra Laval offers a wide range of blender and mixer equipment to the food & beverage industry players around the globe through its Tetra Pak segment. This segment offers a variety of processing equipment catering to technological areas, such as blending buffering, carbonization, separation, cleaning-in-place, dosing, evaporation, extraction, heat exchangers, homogenization, membrane filtration, mixing, pasteurization, powder handling, selected plant components, spray drying, standardization, sugar dissolving, sugar treatment, UHT treatment, and automation & information solutions. The company’s customers come from the dairy, cheese, ice cream, beverage, and prepared food sectors. Tetra Pak operates in more than 160 countries across Asia Pacific, Europe & Central Asia, the Americas, and Greater Middle East & Africa, with over 55 plants. Of these 55, 15 are exclusively dedicated to processing solutions production facilities, 11 R&D units, and 11 technical centers. The company specializes in providing complete solutions designed to be economical to process & package dairy products, juices & nectars, ice cream, cheese, dry foods, fruits, and vegetables using Tetra Pak lines, particularly for developing markets.

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Monday, November 4, 2024

Functional Food Ingredients Market 2024 - Recent Trends, Business Opportunities, and Forecast to 2029

 The global functional food ingredients market is valued at USD 119.2 billion in 2024 and is projected to grow at a CAGR of 6.8%, reaching USD 165.8 billion by 2029. This market is undergoing significant changes and innovations, driven by consumers’ desire for wholesome and sustainably sourced products that provide health benefits beyond basic nutrition. Functional food ingredients are essential in catering to the growing emphasis on health and wellness among consumers, offering advantages such as improved digestion, enhanced immunity, and better heart health.

As health consciousness rises and lifestyle-related diseases become more prevalent, consumers are actively pursuing products that promote their well-being. This trend has led to an increased demand for functional food ingredients. For example, a February 2022 article from the National Center for Biotechnology Information (NCBI) highlights that individuals aged 65 and older show a strong preference for various functional foods, such as yogurt with lactic acid bacteria, likely due to their heightened health concerns. As consumers continue to prioritize health and seek products with added benefits, the demand for functional food ingredients is expected to grow, further fueling market expansion.

Functional Food Ingredients Market Overview

The functional food ingredients market encompasses a wide range of ingredients added to foods to provide health benefits beyond basic nutrition. These ingredients may include probiotics, prebiotics, vitamins, minerals, fiber, and bioactive compounds. They are incorporated into various food products, including dairy, beverages, baked goods, snacks, and dietary supplements.

Key Trends:

  • Health and Wellness: Consumers are increasingly looking for foods that offer health benefits, such as enhanced immune support, digestive health, and cardiovascular health.
  • Natural Ingredients: There is a growing demand for natural and organic functional food ingredients, driven by a shift towards clean label products.
  • Personalization: The trend towards personalized nutrition is gaining traction, with consumers seeking tailored functional foods that meet their specific health needs.
  • Innovative Products: Manufacturers are investing in research and development to create innovative functional food products, such as fortified snacks and beverages.

Challenges:

Despite the growth potential, the market faces challenges such as regulatory hurdles, concerns about ingredient safety, and varying consumer perceptions of functional foods. Additionally, competition from alternative health products and dietary supplements can pose a threat to the functional food ingredients market.

Future Outlook:

The functional food ingredients market is poised for continued growth, driven by ongoing research into the health benefits of functional ingredients and increasing consumer demand for healthier food options. As manufacturers innovate and expand their product lines, the market is expected to evolve, offering more diverse and effective functional food solutions.

Food, By Application, Accounted for The Highest Market Share Among Form Segment In 2023.

With the largest market share of all the segments, the food segment emerged as the dominant segment in the market for functional food ingredients. The market for functional food ingredients is experiencing growth fuelled by a rising preference for convenient, nutritious food options and an increasing demand for fortified food and beverage products. This expansion is driven by a rapidly growing health-conscious population, especially evident in emerging markets, which seek out fortified food products incorporating functional food ingredients.

Functional foods are becoming increasingly popular among consumers who are looking for specific health benefits like better digestion, immune system support, or increased energy levels in addition to nutritional value.

To satisfy the many demands and inclinations of health-conscious consumers, food manufacturers are actively introducing functional ingredients into a broad variety of food products, from snacks and beverages to dairy products and baked goods by meeting sustainability demands. For instance, in March 2023, ADM introduced the Knwble Grwn brand of functional food ingredients, aimed at offering consumers sustainably sourced, plant-based food ingredients that prioritize wholesomeness. These products are cultivated by small or underrepresented farmers utilizing regenerative agricultural practices, contributing to environmental conservation efforts. This new brand aligns with ADM’s existing sustainability initiatives, further reinforcing the company’s commitment to environmental stewardship and responsible sourcing practices.

Top Functional Food Ingredients Companies:

The key players in this market include Cargill, Incorporated (US), BASF SE (Germany), ADM (US), International Flavors & Fragrances Inc. (US), Arla Foods amba (Denmark), Kerry Group plc (Ireland), Ajinomoto Co., Inc. (Japan), DSM (Netherlands), Ingredion (US), and Tate & Lyle (UK).

Functional Food Ingredients Industry News:

In February 2024, Cargill, Incorporated (US) and ENOUGH (UK) expanded their partnership to innovate sustainable protein options using ENOUGH’s fermented mycoprotein technology. Cargill, Incorporated’s investment, and commercial agreement will boost ABUNDA mycoprotein production, known for its meat-like texture and sustainability. This partnership allows Cargill, Incorporated to tap into the growing demand for alternative protein sources, enhancing its position in the functional food ingredients market and leveraging its global footprint to scale up production efficiently.

In September 2023, BASF SE (Germany) unveiled Product Carbon Footprints (PCFs) for selected human nutrition ingredients including Vitamin AP 1,7 TOC and Vitamin E Acetate 98%. Certified methodology reveals at least 20% lower emissions compared to the global market average. This initiative, under ISO 14067:2018, aids BASF SE in offering a competitive advantage while supporting customer emission reduction goals. By showcasing superior PCFs for functional food ingredients, this initiative not only strengthens BASF’s competitive edge but also enhances its reputation as a sustainable leader in the functional food ingredients market, fostering trust and loyalty among consumers and partners.