Food Preservatives Market Outlook On The Basis Of Label, Type, Function, Application, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 5 Dec 2023: The Report Food Preservatives Market Size, Share & Trends Analysis Report By Label (Clean Label, Conventional), By Type (Natural, Synthetic), By Function (Anti-microbial, Anti-oxidant), By Application, And Segment Forecasts, 2022 – 2030

The global food preservatives market size is expected to reach USD 4.16 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.6% from 2022 to 2030. The fast-paced working lifestyle of consumers in North America and the Asia Pacific has been instrumental in driving the demand for ready-to-eat products. Consequently, the use of food preservatives is expected to grow owing to benefits provided by them, such as the prevention of food spoilage and an increase in shelf life.

Food preservation is a traditional method used to store and keep food safe for longer periods. Over time, the method has evolved from the usage of culinary salt and sugar to chemical types. Globalization has led to the increased demand for synthetic types. The usage of preservatives in various application sectors including processed meat, bakery, and dairy is expected to substantially fuel the market growth during the forecast period.

Food preservatives are categorized into two types, namely natural and synthetic. Rosemary extracts, vinegar, and natamycin are natural types, whereas propionates, benzoates, and sorbates are included in the synthetic type, which is the most preferred one. Factors such as adverse effects associated with synthetic food preservatives and increasing health consciousness among consumers are anticipated to drive the demand for natural variants.

The COVID-19 pandemic placed increased importance on packaged food that is deemed uncontaminated and is expected to witness further growth. Bakery products witnessed significant growth during the pandemic period, resulting in the increased utilization of preservatives used in baked goods. With the current and future possible emergence of new strains of the coronavirus, stakeholder scrutiny has increased, which is expected to drive the market for food preservatives.

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Food Preservatives Market Report Highlights

• Asia Pacific is expected to register the fastest CAGR of 6.3% from 2022 to 2030. It is primarily driven by factors such as increasing population, consumer willingness to pay premium prices for organic products, and preferences for ready-to-eat foods due to convenience
• On the basis of function, anti-microbial preservatives are expected to expand at the highest CAGR of 4.9% during the forecast period. This can be attributed to the surging demand for anti-microbial agents in the processed meat and beverage industries
• In the natural type segment, rosemary extracts are expected to expand at the highest CAGR during the forecast period. Rosemary extracts are a part of clean label preservatives and are being extensively used due to the consumer preference for natural preservative ingredients
• The U.S. market size was valued at USD 668.0 million in 2021. It is characterized by a shift among manufacturers from synthetic to natural and organic preservatives
• Some of the major strategies adopted by the major players in the industry are product innovation, most notably in the natural preservatives industry space, and capacity expansion through mergers and collaborations

Food Preservatives Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 2.87 billion
Revenue forecast in 2030	USD 4.16 billion
Growth rate	CAGR of 4.6% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 – 2020
Forecast period	2022 – 2030

List of Key Players of the Food Preservatives Market

• Cargill, Inc.
• Kemin Industries, Inc.
• ADM
• Tate & Lyle
• Koninklijke DSM N.V.
• BASF SE
• Celanese Corporation
• Corbion N.V.
• Galactic S.A.
• Kerry

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Bakery Processing Equipment Market Segment Analysis By Equipment, Application, Region And Forecast Till 2030: Grand View Research Inc.

San Francisco, 28 Nov 2023: The Report Bakery Processing Equipment Market Size, Share & Trends Analysis Report By Equipment (Ovens & Proofers, Molders & Sheeters), By Application (Bread, Pizza Crusts), By Region, And Segment Forecasts, 2023 – 2030

The global bakery processing equipment market size is expected to reach USD 21.8 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.3% from 2023 to 2030. The incorporation of better-for-you ingredients in bakery products and the growing demand for gluten-free bakery items are expected to stimulate market growth over the forecast period.

The demand for cakes and pastries is expected to witness growth on account of the introduction of novel flavors. Furthermore, the increasing consumption of snacks is expected to have a positive impact on the demand for cakes and pastries. Bread and rolls are expected to witness significant growth on account of a substantial rise in the demand for these products in North America and Asia Pacific.

The rising demand for fast food and packaged food is expected to prompt manufacturers to expand their production capabilities, thereby augmenting the demand for processed food over the forecast period. Furthermore, the increasing prevalence of advertisements with attractive visuals and the availability of a wide range of flavors in processed food are anticipated to have a positive impact on the demand for processed food, and consequently, processing equipment.

Rising labor costs, coupled with the increasing energy costs and the cost of bakery product ingredients, are expected to compel end-use manufacturers to opt for efficient and advanced bakery processing equipment that can improve the overall production efficiency. In addition, fluctuation in the prices of raw materials, such as stainless steel and polymers, is expected to impact the overall cost of the bakery processing equipment.

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Bakery Processing Equipment Market Report Highlights

• Molders & sheeters segment is expected to expand at the fastest CAGR of 7.0% during the forecast period
• Asia Pacific is likely to expand at the fastest CAGR from 2023 to 2030 owing to the increasing disposable income, the growing spending power of the middle-class population, rapid globalization, and adoption of automated technology
• The growing domestic consumption of various processed food products, such as potato chips, sausages, and bread, in the emerging economies of Asia Pacific and the Middle East owing to the expansion of retail food outlets is expected to stimulate the product demand

Bakery Processing Equipment Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 14.1 billion
Revenue forecast in 2030	USD 21.8 billion
Growth rate	CAGR of 6.3% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of Bakery Processing Equipment Market

• Ali Group S.r.l.
• Baker Perkins Limited
• Bühler AG
• GEA Group Aktiengesellschaft
• The Middleby Corporation
• JBT Corporation
• Anko Food Machine Co., Ltd.
• Markel Food Group
• Koenig Maschinen GmbH
• Heat & Control, Inc.
• RHEON Automatic Machinery Co., Ltd.
• Gemini Bakery Equipment Company
• Global Bakery Solutions

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Animal Based Protein Supplements Market Outlook On The Basis Of Raw Material, Product, Distribution Channel, Application, Region And Forecast to 2028: Grand View Research Inc.

San Francisco, 1 Nov 2023: The Report Animal Based Protein Supplements Market Size, Share & Trends Analysis Report By Raw Material (Whey, Casein, Egg, Fish), By Product, By Distribution Channel, By Application, By Region, And Segment Forecasts, 2020 – 2028

The global animal based protein supplements market size is expected to reach USD 22.26 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.4% from 2020 to 2028. Increasing instances of fitness and sporting activities among consumers have led to nutrition awareness, thus positively impacting the market growth.

The whey raw material segment dominated the global market in 2020 owing to the availability of high protein content in it. Additionally, it is increasingly being used as a protein source for fortifying functional and nutritional food products, which is further expected to increase its demand during the forecast period.

The protein powder product segment accounted for the largest revenue share in 2020. The escalating global trends of exercise and fitness, coupled with a strong preference among consumers for snacks that boost energy and aid in muscle building, are contributing to the growth of energy-building snacks such as protein bars.

The sports nutrition application segment dominated the market in 2020 owing to consumers’ desire for a healthy and active lifestyle, which has led to an increase in sports and fitness participation. Additionally, key players such as Quest Nutrition are focusing to meet the demand for sports nutrition by introducing products enriched with proteins in compact sizes and new formats, thus fueling the growth.

The Asia Pacific market is anticipated to witness the fastest growth over the forecast period owing to the increasing urbanization and growing middle-class with high disposable income. Additionally, increasing frequency of exercise and rising focus on leading an active and healthy lifestyle in economies such as China and India are expected to contribute to the market growth.

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Animal Based Protein Supplements Market Report Highlights

• By raw material, the whey segment dominated the market with a share of over 55.0% in 2020. This is attributed to its health advantages such as building muscles, lowering blood pressure, promoting fat loss, reducing stress and inflammation, repairing muscle tissues, lowering cholesterol levels, and promoting overall health
• The ready-to-drink product segment is expected to register the highest CAGR of 7.8% during the forecast period. This is attributed to the increasing product demand by fitness enthusiasts and a changing fitness landscape worldwide, coupled with high demand for convenience among consumers
• By distribution channel, the online stores segment is anticipated to grow at the fastest rate during the forecast period. The easy availability of multiple brands, penetration of the internet in developing countries, and the convenience of shopping are key factors boosting the sales growth through online retail
• The sports nutrition application segment accounted for the largest share of over 60.0% in 2020 owing to a rise in the number of consumers focused on self-care, preventive medication, and fitness activities, coupled with the increasing instance of lifestyle diseases, such as diabetes and obesity
• North America dominated the market with over 45.0% share in 2020. Factors fueling the market growth in the region include growing healthcare costs, rapid advances in science and technology, the rising geriatric population, and growing interest in attaining wellness through diet

Animal Based Protein Supplements Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 13.55 billion
Revenue forecast in 2028	USD 22.26 billion
Growth Rate	CAGR of 7.4% from 2020 to 2028
Base year for estimation	2020
Historical data	2017- 2019
Forecast period	2020 – 2028

List of Key Players of Animal Based Protein Supplements Market

• Glanbia plc
• MusclePharm Corporation
• Abbott Laboratories
• CytoSport, Inc.
• Iovate Health Sciences International Inc.
• Quest Nutrition
• THE BOUNTIFUL COMPANY
• AMCO Proteins
• NOW Foods
• Transparent Labs
• WOODBOLT DISTRIBUTION LLC

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Preservatives Market Segmented On The Basis Of Type, Function, Application, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 1 Nov 2023: The Report Preservatives Market Size, Share & Trends Analysis Report By Type (Natural, Synthetic), By Function (Antimicrobial, Antioxidant), By Application (Food, Feed), By Region (APAC, North America), And Segment Forecasts, 2020 – 2028

The global preservatives market size is expected to reach USD 8.12 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% over the forecast period. The increased product demand has positively contributed to the market growth. The synthetic type of food preservatives dominated the global market owing to their cost competitiveness. However, natural preservatives are replacing synthetic ones in developed economies owing to the high customer awareness regarding the adverse effects of chemicals, thus positively impacting the market growth. Food manufacturers utilize antioxidants for the neutralization of free radicals and to balance the adverse effects of additives in processed foods.

Thus, with the increasing consumption of processed foods, such as meats and snacks, along with various types of beverages, the antioxidants market is expected to witness significant growth during the forecast period. Increasing incidences of animal feed damages owing to fungal and bacterial contamination are expected to drive the demand for feed preservatives globally. In addition, according to the International Feed Industry Federation, feed prepared without the addition of preservatives has shown harmful effects on all classes of animals owing to the production of mycotoxins. This has benefitted the demand for preservatives for application in the feed industry.

The regional governments in countries of Asia Pacific, including China and India, are providing incentives, flexible Foreign Direct Investment (FDI) policy measures, and budgetary support to boost the growth of the food processing industry. As such, the market in the Asia Pacific region for food applications is expected to progress at a considerable growth rate from 2020 to 2028. North America led the global market in 2020 due to the strong foothold of key players operating in the food, pharmaceutical, cosmetics, and feed industries. In addition, high growth in the processed meat industry and a rise in the sales of bakery products, such as cakes and pastries, are expected to boost the market growth over the forecast period.

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Preservatives Market Report Highlights

• The natural type segment is expected to progress at the fastest CAGR during the forecast period. This is attributed to the shifting consumer preference for natural and organic ingredients in food, cosmetic, and pharmaceutical products
• The anti-microbial function of preservatives accounted for the maximum volume share in 2020 owing to their property of protecting food & beverage, cosmetic, feed, and pharmaceutical products against pathogens and microbes
• Natural antimicrobial agents are becoming increasingly popular owing to the rising concerns among consumers regarding chemical preservatives
• The cosmetics application segment is expected to expand at a significant CAGR during the forecast period due to the development of new cosmetic products with an emphasis on the inclusion of natural ingredients and a rise in investments in R&D for natural preservatives in cosmetic products

Preservatives Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 5.69 billion
Revenue forecast in 2028	USD 8.12 billion
Growth rate	CAGR of 5.1% from 2020 to 2028
Base year for estimation	2020
Historical data	2017 – 2019
Forecast period	2020 – 2028

List of Key Players of Preservatives Market

• Zhejiang Bossen Technology Co., Ltd.
• APAC Chemical Corp.
• Nantong Acetic Acid Chemical Co., Ltd.
• Jinneng Science and Technology Company Ltd.
• Guangzhou ZIO Chemical Co., Ltd.
• Nanjing Jiayi Sunway Chemical Co., Ltd.
• CFS Wanglong Flavors Co., Ltd.
• Tianjin Haitong Chemical Industrial Co., Ltd.
• Wanglong Tech Co., Ltd.
• Celanese Corporation
• FBC Industries
• Veckridge Chemical
• Shandong Hongda Group
• REIPU (QINGDAO) International Trade Co., Ltd.
• Jiangsu Mupro IFT Corp.
• Daicel Corp.

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Prebiotic Ingredient Market Overview By Type, Application, Region And Forecast Till 2028: Grand View Research Inc.

San Francisco, 14 Sep 2023: The Report Prebiotic Ingredient Market Size, Share & Trend Analysis Report By Type (Inulin, Oligosaccharide (MOS/GOS/FOS)), By Application (Food & Beverage, Dietary Supplements), By Region, And Segment Forecasts, 2022 – 2028

The global prebiotic ingredient market size is expected to reach USD 13.6 billion by 2028, registering a CAGR of 10.7% during the forecast period, according to a new report by Grand View Research, Inc. The market is estimated to show significant growth during the forecast period, owing to the increasing consumption of the dairy products, the rising middle-class population, and the rising number of buyers of healthy food products. Moreover, growing awareness of health benefits among millennials and the preference of consumers toward prebiotic ingredients, are major factors that drive the market growth during the forecast period.

Consumer preference for the prebiotic ingredient is increasing due to rising health consciousness among people. Additionally surge in disposable income, an increase in health expenditure, and improvement in the living standard are also responsible for the market growth. Increasing investment in R&D by various players to develop new ingredients coupled with increasing demand for food products that contain prebiotic ingredients is likely to drive market growth during the forecast period. Also, age group and income level plays important role in determining the purchase of prebiotic ingredient. Moreover, rising technological advancements in developing oligosaccharides and inulin are likely to drive market growth during the assessment period.

Inulin contributed to the highest share of over 40.0% in the global market revenue in 2021 owing to its increasing demand for baked goods and drinks. Also increasing application of inulin in infant food is projected to propel segment growth during the assessment period. Increasing the application of inulin in various health products is likely to favor segment growth. Moreover, the increasing importance of low caloric sugar consumption in the food & beverages industry is also estimated to drive the industry demand.

The dietary supplements segment is estimated to register the fastest growth with a CAGR of 11.6% from 2022 to 2028. Rising consumer awareness regarding personal health is the major factor driving segment growth during the forecast period. Also, increasing the working population globally and changing lifestyles toward healthiness is responsible for the growth of this segment. R&D is an important success driver for dietary supplements.

North America made the largest contribution to the global market with over 50% share in 2021 due to the high demand for prebiotic ingredients in the U.S., and Canada. Also, the increasing purchasing power of the consumers in this region drives the market growth. North America presents striking opportunities for the consumer goods sector, the market is projected to show growth. Asia Pacific is expected to witness a CAGR of 11.5% from 2022 to 2028. It is estimated to witness growth due to the increasing demand for prebiotic ingredients in this region.

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Prebiotic Ingredient Market Report Highlights

• Asia Pacific is expected to register the fastest growth of 11.5% CAGR from 2022 to 2028 owing to rising demand in countries like China and India
• Inulin contributed to the highest share of over 40.0% in the global market revenue in 2021 owing to its increasing demand for baked goods and drinks
• The dietary supplements segment is estimated to register the fastest growth with a CAGR of 11.6% from 2022 to 2028 owing to rising consumer awareness regarding personal health
• Partnerships that endure new product launches and sustainable developments are some of the strategies which are expected to be utilized by industry participants for gaining a competitive edge

Prebiotic Ingredient Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 7.3 billion
Revenue forecast in 2028	USD 13.6 billion
Growth Rate	CAGR of 10.7% from 2022 to 2028
Base year for estimation	2021
Historical data	2017 – 2020
Forecast period	2022 – 2028

List of Key Players in the Prebiotic Ingredient Market

• Beneo-Orafti SA
• Tereos Group
• Ingredion Inc.
• Cargill Inc.
• DowDuPont Inc
• Royal FrieslandCampina NV
• Kerry Group
• Cosucra-groupe Warcoing SA
• Sensus BV

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Edible Films And Coating Market Scope By Material Type, Application, Region And Forecast To 2028: Grand View Research Inc.

San Francisco, 13 Sep 2023: The Report Edible Films And Coating Market Size, Share & Trends Analysis Report By Material Type (Protein, Polysaccharides, Lipids, Composites), By Application, By Region, And Segment Forecasts, 2022 – 2028

The global edible films and coating market size is expected to reach USD 4.54 billion by 2028, registering a CAGR of 7.7% from 2022 to 2028 according to a new report by Grand View Research, Inc., Growing demand for edible films and coating food products from consumers’ as they are eco-friendly and benefiting by preserving high-quality product during transportation will drive the edible films and coatings market growth. Edible films and coatings technology is useful for improving the food quality, shelf life, safety, and functionality of the product. Edible films and coating are one of the best potential alternatives for food packaging that can improve the storability of food, provide an alternative for existing packaging solutions, bio-degradable, eco-friendly, and for expanding the shelf life of products.

Edible films and coating work as a barricade to CO2, moisture, oxygen, lipids, and aromas between food component and the surrounding environment, these films or coating helps to improve the food quality and increases the shelf life of the product. Soybean proteins, wheat gluten, corn zein, whey, sunflower proteins, and gelatin are the most popular proteins used in editable films and coatings.

Edible material contains polymer and it benefits in many ways as it holds low unit weight and good shear characteristics. The use of natural biopolymers has several advantages in life sciences as it is available from agriculture, marine life, or animals and has biocompatibility, and is easily biodegradable. Thus, manufacturing companies are investing heavily in R&D. Consumers are more inclined toward environment-friendly solutions, and the growing interest of food manufacturing companies will drive the edible films and coating market.

The COVID-19 pandemic has affected a number of economies all across the globe. The pandemic has negatively influenced many industries by slowing down their economic movement. Like other industries, the food packaging industry had an adverse effect on their economic movement. Reduced demand for food products, fruits, and vegetables from consumers due to country-wise lockdown, which negatively affected the edible films and coatings market during the period. These factors hamper the growth of edible films and coating industry.

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Edible Films And Coating Market Report Highlights

• North America accounted for the largest market share of around 35% of global revenue in 2021. The presence of a number of global players, rising demand for edible films and coating due to health reasons, easy availability, and consumers’ willingness to pay for the product will drive market growth.
• Polysaccharides material in edible films and coatings accounted for the largest share of around 40% of global revenue in 2021. Starch, cellulose, carrageenan, carboxymethylcellulose, gums, etc. are used for making edible films and coatings. Polysaccharides are suitable for fruits and vegetables are it modifies the internal environment of the product.
• Asia Pacific is estimated to second-largest contributor and fastest-growing edible films and coatings market at a CAGR of 8.2% from 2022 to 2028. China and Japan are the major contributors to the edible films and coating market in this region.
• Fruits and vegetables accounted for the highest revenue share of over 35% in the global edible films and coating revenue in 2021 and are expected to be the fastest growing with a CAGR of 8.1% from 2022 to 2028. The edible coating is highly used for fruits and vegetables as it helps to sustain textural properties, mass transfer in vegetables and fruits, and reduce oxidative reactions on fruits and vegetables.

Edible Films And Coating Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 2.87 billion
Revenue forecast in 2028	USD 4.54 billion
Growth Rate	CAGR of 7.7% from 2022 to 2028
Base year for estimation	2021
Historical data	2017 – 2020
Forecast period	2022 – 2028

List of Key Players in Edible Films And Coating Market

• Tate & Lyle PLC
• DuPont de Nemours Inc.
• Dohler Group
• Koninklijke DSM NV
• Cargill Incorporated
• Ingredion Incorporated
• Lactips
• Nagase America LLC
• Kerry Group plc
• Pace International, LLC
• Watson Inc.

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Antifreeze Protein Market Segmented On The Basis Of Form, Type, End-Use, Source, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 5 Sep 2023: The Report Antifreeze Proteins Market Size, Share & Trends Analysis Report By Form (Solid, Liquid), By Type (Type I, Type III, Antifreeze Glycoprotein), By End-use (Medical, Food, Cosmetics), By Source, By Region, And Segment Forecasts, 2022 – 2028

The global antifreeze protein market size is expected to reach USD 34.9 million by 2028, registering a CAGR of 27.5% during the forecast period from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing application of antifreeze proteins in frozen foods is propelling the industry demand. Moreover, the growing pharmaceutical and food sector in the Asia Pacific region and rising imports from North America and Europe are further projected to provide significant growth opportunities to the market in the near future.

Increasing changes in living standards in developing countries power the rise in demand for cosmetics, food products, and vaccinations, which in turn are expected to influence the market. Emerging economies such as Brazil, China, and India are estimated to offer substantial opportunities for market growth.

The COVID-19 pandemic impacted the globe, owing to the several variants of the coronavirus. The supply chain of the aquaculture market had been slightly hampered due to lockdowns implemented by several countries across the world. The distribution channels such as offline and online trading were hindered during the COVID era owing to the threat of the delta plus corona variant.

The recent developments in the screening application of antifreeze proteins, such as anti-aging ingredients by the key players, resulted in various opportunities in the cosmetic industry, attracting more major players in the cosmetic sector to invest extra in the antifreeze protein market. Therefore, with rising opportunities and applications in a variety of sectors, the demand for antifreeze proteins is likely to be boosted during the forecast period. 

Growing applications of antifreeze proteins in cryosurgeries, organ transplants, and others are prime factors for the growth of this market. Furthermore rising research and technological developments for fish farming in severe cooler climates are also expected to drive demand for antifreeze proteins during the coming years.

The solid form segment contributed the highest revenue share of more than 95.0% in the global market in 2021, owing to ease of availability from the source of origin. They are widely used in the food sector, such as frozen foods, ice cream products, frozen fish, and meats. Furthermore, solid form has an extended shelf life when compared to liquid form, making it more useful in frozen food applications.

The medical end-use segment contributed the highest revenue share of more than 79.0% in the global market in 2021. This can be credited to rising R&D from biotechnology and pharmaceutical companies, plus enduring global research for COVID-19 vaccinations.

Asia Pacific holds the dominant industry share owing to the majority of marine capture and aquaculture production being done across the region. Growing demand for antifreeze proteins from the medicine and cosmetic industry of this region drives the market growth. In addition, the presence of world-leading vaccine manufacturers is also adding to the market growth, as antifreeze proteins have wide applications in vaccine manufacturing.

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 Antifreeze Protein Market Report Highlights

• North America is expected to register the fastest growth of 28.5% CAGR from 2022 to 2028, owing to the rising application of antifreeze proteins in the medicine and food sectors
• The solid form segment contributed the highest revenue share of more than 95.0% in the global market during 2021, due to rising application in frozen foods and ice creams
• Asia Pacific dominated the global market by contributing more than 35.0% revenue share during 2021, due to the rising production of marine fish as well as usage of antifreeze proteins in cosmetics manufacturing in developing countries such as India
• The medical end-use segment held the largest share in 2021 and contributed more than 79.0% of the total revenue, due to the development and research of antifreeze proteins in medical applications such as cryosurgeries

Antifreeze Protein Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 7.7 million
Revenue forecast in 2028	USD 34.9 million
Growth rate	CAGR of 27.5% from 2022 to 2028
Base year for estimation	2021
Historical data	2017 – 2020
Forecast period	2022 – 2028

List of Key Players in the Antifreeze Protein Market

• Unilever
• Kaneka Corporation
• Nichirei Corporation.
• A/F Protein Inc.
• Sirona Biochem
• Proto Kinetix, Inc.
• Shanghai Yu Tao Industrial Co., Ltd.
• Kodera Herb Garden Co., Ltd
• Beijing HuachengJinke Technology Co., Ltd.

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Bulk Food Ingredients Market Segment Analysis By Category, Application, Region And Forecast Till 2028: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Bulk Food Ingredients Market Size, Share & Trend Analysis Report By Category (Primary Processed, Secondary Processed), By Application (Bakery & Confectionery, Snacks & Spreads) By Region, And Segment Forecasts, 2022 – 2028

The global bulk food ingredients market size is expected to reach USD 409.56 billion by 2028, registering a CAGR of 4.4% during the forecast period, according to a new report by Grand View Research, Inc. Surging demand for convenience foods and technological advancement in the food & beverage industry propels the market growth.

Bulk food ingredients are commodities used in processed foods, packaged, and ready-to-eat foods like confectionery items, chocolates, biscuits, beverages, etc. The shift in consumer lifestyles toward western cultures has led to increased demand for processed and ready-to-eat food and drinks.

Increasing benefits of packaged and convenience food, which require less preparation time and easy handling, are the prominent factors that offer an advantage to the consumers in their busy life cycle. These factors drive the consumption of bulk food ingredients in emerging economies such as India, Brazil, Mexico, Thailand, the Philippines, and Indonesia.

Increasing consumer awareness of eating healthy food and rising preference for natural and organic ingredients among consumers are anticipated to boost the market demand.

In 2020, according to International Coffee Organization, the global coffee production reached 169.63 million 60-kilogram bags. In 2018, global tea production amounted to over 5.8 million metric tons of tea. These factors boost the consumption of bulk food ingredients in the tea, coffee, and cocoa segment.

The shift from commodity/bulk ingredients to value-added ingredients and the lack of adequate infrastructure for the storage of bulk commodities are the major factors hampering market growth.

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Bulk Food Ingredients Market Report Highlights

• Europe is another major contributor to the market, with USD 73.8 billion in 2021. Changing consumer behavior and the increased adoption rate of high premium liquors made from wheat, fruits, and grains is witnessing exponential market growth
• The beverage segment held the second-largest market share in 2021, contributing more than 25% of the total revenue. The rising consumption of alcoholic beverages and soft drinks manufactured from natural ingredients is one of the prominent factors for market growth
• The grain, pulses, and cereals primary processed ingredient segment held the largest market share in 2021, contributing more than 30% of the total revenue. In 2020, according to Food & Agriculture Organization, total wheat production was 774.8 million tons, and cereal production is 2,768.6 million tons

Bulk Food Ingredients Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 313.85 billion
Revenue forecast in 2028	USD 409.56 billion
Growth rate	CAGR of 4.4% from 2022 to 2028
Base year for estimation	2021
Historical data	2017 – 2020
Forecast period	2022 – 2028

List of Key Players of Bulk Food Ingredients Market

• Cargill, Incorporated
• Archer-Daniels-Midland Company
• Bunge Limited
• Associated British Foods plc
• Olam International
• Tate & Lyle
• DUPONT DE NEMOURS, INC
• Essex Food Ingredients
• Ingredients Inc.
• Corbion
• Koninklijke DSM N.V
• EHL Ingredients
• McCormick & Company, Inc
• GCL Food Ingredients
• Dmh Ingredients, Inc.

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Lamps Market Trends Analysis Report By Product, Type, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 31 Aug 2023: The Report Lamps Market Size, Share & Trends Analysis Report By Product (Desk Lamp, Floor Lamp), By Type (Reading Lamp, Decorative Lamp), By Application (Residential/Retail, Commercial/Hospitality), By Region, And Segment Forecasts, 2023 – 2030

The global lamps market size was estimated to reach USD 19.69 billion in 2030, growing at a CAGR of 4.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. There has been a notable increase in the demand for floor lamps and desk lamps due to the rising emphasis on interior aesthetics and the desire to create visually captivating spaces. These lighting fixtures fulfill a dual role by offering functional illumination while also elevating the overall ambiance of homes and businesses. Customers are now actively seeking lighting options that not only provide sufficient light but also contribute to the stylish and sophisticated atmosphere of their indoor settings.

The desk lamp segment dominated the market by holding a major share in 2022. Over the past few years, there has been a noticeable evolution in desk lamps, driven by changing consumer demands and preferences. A significant trend that has emerged is the growing favor for LED desk lamps. LED technology has gained popularity due to its energy efficiency, extended lifespan, and versatility in lighting options, making it a sought-after choice for residential and commercial spaces alike. These lamps frequently incorporate adjustable brightness levels, color temperatures, and flexible designs to ensure optimal lighting conditions for different tasks.

The commercial/hospitality segment held the largest market size in 2022. The commercial lamp category is heavily influenced by the emphasis on visual appeal and the seamless integration of lamps into the architectural design of commercial spaces. Businesses and organizations are actively seeking lamps that not only offer functional lighting but also enhance the overall aesthetic appeal of their premises. Architectural lighting designs, including recessed or track lamp lighting, are particularly favored as they create visually striking and impactful lighting installations. Furthermore, the integration of commercial lamps into smart building systems is a key growth driver, as it allows for advanced control and automation of lighting, aligning with the trend of smart and connected buildings.

Europe accounted for a significant share of the market in 2022. In Europe, there is a noticeable inclination toward sustainable lighting solutions, propelled by mounting environmental concerns and heightened awareness of energy consumption. LED lamps, recognized for their energy efficiency, extended lifespan, and recyclability, are widely regarded as a more sustainable choice. Both consumers and businesses are actively pursuing lamps that align with their sustainability objectives, thereby stimulating market expansion.

Major market players include Signify (Philips Lighting); OSRAM GmbH; Herman Miller Inc.; Inter IKEA B.V.; Artemide S.p.A.; Pablo Design; Lutron Electronics; Koncept Inc.; OttLite Technologies; and Flos S.p.A. Various steps are adopted by these companies including partnerships, mergers & acquisitions, global expansion, and others to gain more share of the market.

Access Research Report of Lamps Market @ https://www.grandviewresearch.com/industry-analysis/lamps-market-report

Lamps Market Report Highlights

• North America is expected to grow at a considerable CAGR over the forecast period. In North America, the demand for energy-efficient lighting products has been propelled by technological advancements and a growing emphasis on environmental preservation
• The floor lamp segment is estimated to grow at the highest CAGR over the forecast period. The popularity of floor lamps is on the rise due to their sleek, clean lines and simple silhouettes that effortlessly blend with contemporary interiors. The segment is experiencing significant growth, driven by the increasing preference for minimalist and modern floor lamp designs
• The decorative segment is anticipated to grow at the fastest CAGR over the forecast period. The segment has witnessed notable growth as it adapts to the evolving tastes and design preferences of consumers, resulting in various trends emerging in recent times
• The commercial segment is expected to grow at the highest CAGR during the forecast period. The growth is driven by the integration of commercial lamps into smart building systems

Lamps Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 14.10 billion
Revenue forecast in 2030	USD 19.69 billion
Growth rate	CAGR of 4.8% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players in the Lamps Market

• Signify (Philips Lighting)
• OSRAM GmbH
• Herman Miller Inc.
• Inter IKEA B.V.
• Artemide S.p.A.
• Pablo Design
• Lutron Electronics
• Koncept Inc.
• OttLite Technologies
• Flos S.p.A.

Access Press Release of Lamps Market @ https://www.grandviewresearch.com/press-release/global-lamps-market

Textured Soy Protein Market Outlook On The Basis Of Product, Type, Application, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 30 Aug 2023: The Report Textured Soy Protein Market Size, Share & Trends Analysis Report By Product (Textured Defatted Soy Flour (TSF), Textured Soy Protein Concentrate (TSPC), Textured Soy Protein Isolate), By Type, By Application, By Region, And Segment Forecasts, 2023 – 2030

The global textured soy protein market size is expected to reach USD 2.2 billion by 2030, expanding at a CAGR of 13.2%, according to a new report by Grand View Research, Inc. The growth is primarily driven by the increasing demand for plant-based protein alternatives, particularly in the food and beverage industry. As more consumers adopt vegetarian or vegan diets or reduce their meat consumption for health or environmental reasons, there is a growing need for high-quality, affordable, and versatile sources of protein.

Textured soy protein, also known as textured vegetable protein, provides a viable solution to this demand, as it is derived from soybeans and offers a meat-like texture and flavor when rehydrated. Additionally, the rising awareness about the health benefits of soy protein, such as its ability to lower cholesterol levels and reduce the risk of heart disease, has further boosted the market growth.

Food and beverage manufacturers are incorporating textured soy protein into a wide range of products, including meat substitutes, snacks, bakery, and confectionery products, to cater to the changing dietary preferences of consumers. Furthermore, the increasing popularity of soy-based products in emerging economies, such as China and India, due to their cost-effectiveness and nutritional value, is also driving the global market for textured soy protein.

Moreover, the increasing investment by manufacturers in R&D activities to develop innovative products and formulations using textured soy protein is driving the market’s growth. For instance, manufacturers are developing new varieties of textured soy protein with improved texture, flavor, and nutritional value to meet the changing demands of consumers. The rising demand for organic and non-GMO soy-based products is also driving the growth, as consumers are willing to pay a premium for products that are free from harmful chemicals and genetically modified organisms.

In November 2022, IFF introduced Supro Tex, an ingredient made from soy-based plant protein that can replicate the texture of meat. With a protein content of 80%, it is suitable for creating plant-based alternatives for beef, chicken, pork, and lamb dishes. The launch of Supro Tex is a key aspect of IFF’s Re-Imagine Protein initiative, which aims to drive growth in the plant-based industry.

Access Research Report of Textured Soy Protein Market @ https://www.grandviewresearch.com/industry-analysis/textured-soy-protein-market

Textured Soy Protein Market Report Highlights

• The textured soy protein concentrate product led the market in terms of revenue in 2022, owing to its high protein content and increasing demand across the food & beverages end-use industry
• Organic product type is expected to witness the fastest growth over the forecast period. The continuous rise in demand for organic food products due to health benefits associated with organically grown soybeans is supporting the growth of this segment
• Food and beverages is expected to be the fastest-growing application segment during the projected period. The increasing demand for textured soy protein in food products from end users owing to its nutritional composition is primarily supporting its growth
• North America is expected to dominate the market in terms of revenue share over the forecast period. The rising popularity of vegan and vegetarian diets is fueling the demand for textured soy protein, as these diets typically rely heavily on plant-based protein sources

Textured Soy Protein Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 942.6 million
Revenue forecast in 2030	USD 2.2 billion
Growth rate	CAGR of 13.2% from 2022 to 2030
Base year for estimation	2022
Historical data	2017 – 2021
Forecast period	2023 – 2030

List of Key Players in the Textured Soy Protein Market

• Archer Daniels Midland Company (ADM)
• Cargill Inc.
• Bunge Limited
• International Flavors & Fragrances Inc.
• Bremil Group
• Sonic Biochem
• Victoria Group
• Crown Soya Protein Group
• Shandong Yuxin Biotechnology Co., Ltd.
• Linyi Shansong Biological Products Co., Ltd.

Access Press Release of Textured Soy Protein Market @ https://www.grandviewresearch.com/press-release/global-textured-soy-protein-market