Nano-Enabled Packaging Market Evolving Industry Trends and key Insights by 2020

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According to a new market report published by Persistence Market Research “Global Market Study on Nano-Enabled Packaging For Food and Beverages: Intelligent Packaging to Witness Highest Growth by 2020”, the global nano enabled packaging market for food and beverages industry was worth USD 6.5 billion in 2013 and is expected to grow at a CAGR of 12.7% during 2014 to 2020, to reach an estimated value of USD 15.0 billion in 2020.

The global progress in technologies is making lives simpler and safer. Nanotechnology is one such field which is dynamically progressing and is contributing to the development of several industries, including food and beverages packaging. Nano-enabled packaging gives longer shelf life to food and beverages as compared to traditional plastic packaging. Food and beverages packaging is done through two different technologies under nano-enabled packaging-active and intelligent packaging. Active packaging has a comparatively larger market than intelligent packaging.

Intelligent packaging is growing at a faster rate as compared to the active packaging. Customers prefer traceable food and beverages packaging, since it offers information such as expiry date and best use period, present state of the consumables. The radio frequency identification (RFID) tags keep customers informed about the state of the food within the packaging. Intelligent packaging is mostly used for fruits and vegetables, meat products, and beverages. Stricter regulations associated with active packaging have been stimulating the use of intelligent packaging in Europe and North America.

Intelligent packaging in the U.S. is growing mainly due to the increasing demand for fresh fruits and vegetables. Americans are shifting their breakfast preference from junk foods to fresh alternatives. The U.S. is one of the largest producers and exporters of cherries globally. With the ease in trade regulations, fruit exports of the U.S. have increased. In September 2011, the U.S. Department of Agriculture (USDA) announced that after ten years of negotiations, U.S. cherries can be exported to Western Australia, one of the most important markets for cherries. The increasing demand for intelligent packaging in international trade (especially in fruits) is laying out opportunities for this technology in food packaging.

The Food Safety and Modernization Act (FSMA) proposed by FDA in 2011 is another growth indicator for intelligent packaging wherein the fresh produce, including fruits and vegetables, are required to be scientifically grown, harvested, packaged, and stored. The farm products that come in the act’s domain are lettuce, spinach, cantaloupe, tomatoes, sprouts, mushrooms, onions, peppers, cabbage, citrus produce, strawberries, and walnuts.

Nano-enabled packaging finds its application in several industries, including bakery, meat, beverages, fruit and vegetables, prepared foods, and others. The increasing demand for meat products, beverages, vegetables, and prepared foods is expected to drive their respective nano-enabled packaging markets, while the market share of bakery products is expected to decline on account of the rapid growth of other application segments.

Nanotechnology is at a nascent stage and, therefore, usage of nano-enabled packaging is low in the food and beverages industry. Limited numbers of buyers have more leverage to negotiate with nanotechnology companies. On the other hand, there is a plethora of companies providing nano-enabled packaging solutions to the food and beverages industry.

Nano-enabled packaging market for food and beverage is very competitive with a large number of players offering an array of patented products. The major players in this industry include Amcor Limited, Bemis Company, Inc., Chevron Phillips Chemical Company, L.L.C., Klöckner Pentaplast, Sealed Air, and Tetra Pak International S.A.

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New Study Offers Detailed Insights on Breakfast Cereals Market 2013 – 2019

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According to a new market report published by Persistence Market Research “Global Market Study on Breakfast Cereals: Hot Cereals to Witness Highest Growth by 2019,” the global breakfast cereals market was valued at USD 32.5 billion in 2012 and is expected to grow at a CAGR of 4.1% from 2013 to 2019, to reach an estimated value of USD 43.2 billion in 2019.

The need for convenience and busy schedules of people has been propelling the processed food industry, which includes breakfast cereals. Developed nations already have breakfast cereals as part of their regular course of meals. Increasing per capita income in developing countries is further giving the breakfast cereal industry a new dimension to look for.

The market in the US is declining which is compelling the companies in this industry to increase their markets in the emerging economies. These companies have been increasing their advertising spends in the emerging markets in Asia Pacific region to make consumers aware about the breakfast cereals and the health benefits associated with them. Companies have also developed some brands according to the regional preferences, such as inclusion of saffron and raisin flavored cereals in India.

Special emphasis on healthy living has prompted market players to introduce new products, which suit all age groups and lifestyles. International players are also focusing on reformulating their products by replacing harmful hydrogenated fat and oils with healthier ingredients such as fiber and fruits. Demand for gluten-free cereals has increased in the market, especially in North America and Europe. There also has been an increase in demand for whole-grain cereals worldwide.

Breakfast cereals are broadly marketed under two segments: RTE cereals and Hot cereals. The market for RTE cereals is much bigger as compared to that of Hot breakfast cereals. The Ready-to-eat (RTE) cereal had the larger share in the breakfast cereal market and was valued at USD 27.8 billion in 2012. However, the Hot cereals is growing at more than double the CAGR of RTE cereals due to its increasing consumption in the Asian markets.

Geographically, North America, led by sales from the US, accounted for the largest share in the breakfast cereals market and was valued at USD 13.9 billion in 2012. Though China does not have a large market, but the market in the country is growing at a brisk pace, therefore showing opportunities for the companies to increase investments in this region. Major companies operating in the market are Kellogg’s, Cereal Partners Worldwide and PepsiCo.

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Seasonings and Spices The Biggest Trends to Watch out for 2020

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Seasonings and spices are essentials in every cuisine, as they offer a unique aroma and peculiar taste to each cuisine. The seasonings and spices market is one of those markets, which stay recession proof in the long run. Growing popularity for exotic food and rising demand for exquisite spices and seasonings for in-home culinary preparations will continue to drive the global seasonings and spices market over the six-year forecast period, 2013-2019. The global market for seasonings and spices is anticipated to reach a value of US$ 16.62 Bn in 2019, up from US$ 12.53 Bn in 2013. The market will expand at a moderate CAGR of 4.8% over the forecast period.

Key Market Dynamics

Rising popularity of exotic cuisines and increased expenditure on food will remain a key factor driving the growth of the global seasonings and spices market. Globalization is rapidly swaying the market with higher penetration of indigenous spices and seasoning products worldwide. There are various types of pepper, such as Marjoram and Anaheim, which are specifically grown in Southern Europe and Mexico respectively. Developing nations in the Asia Pacific region will continue to raise significant demand for such spices. Another factor that is expected to favor the market growth in emerging economies, is rising popularity of Western foods. Changing consumer food habits and an increasing number of dedicated restaurants for Thai, French, and Italian food are a few more factors fueling the demand for spices and seasonings on a global level. Growing popularity of organic spices and seasonings is expected to continue trending by the end of 2020, boosting the revenues of the global market. Organic segment is currently at a nascent stage, and will offer lucrative growth opportunities. Certain spices and herbs even find important application in the medical therapy field. This also is a promising factor that can potentially propel the demand.

Certain government policies prohibit specific imported spices and seasonings. The market in developing economies will continue to face this challenge during the forecast period. Moreover, uncertain economic conditions and inefficient logistics may also affect the market growth in the next few years. Ever-evolving climatic conditions also impact the market to a large extent.

Segment Analysis

The global seasoning and spices market is segmented on the basis of product type. There are four key segments viz. salt and salt substitutes, pepper, herbs, and spices. The salt and salt substitutes segment recorded the highest revenue share in 2012, and is expected to register steady growth by 2019 end, at a CAGR of 4.3%. The salt and salt substitutes segment is anticipated to reach a shipment of 369.2 million kg by the end of 2019.

Regional Segmentation

Geographically, the global seasonings and spices market is segmented into four key regional markets. While Europe has been representing the largest market for spices and seasonings over the years, Asia Pacific has also developed into a key market within the recent past. A few countries in Asia, including India, are among the top producers of a variety of spices and seasonings, and the market in Asia Pacific is anticipated to thrive close to the European market during 2014-2020. Several food application segments across APAC also create sustainable demand for spices and seasonings in bulk. These two key regions will retain their dominance in the global seasonings and spices market, whereas the market in the U.S. is projected for an uptick, attributed to the consumer inclination toward hot and spicy cuisines. The most sought after products are observed to be jalapeno, pepperonicini, and poblano peppers.

Key Market Players

The global seasonings and spices market is growing at a moderate pace but has been extremely fragmented. Despite a number of established international and domestic brands, the market has only six leading companies collectively holding a market share of nearly 15%. While this was the scenario in 2012, the competitive landscape and positions of individual shareholders are estimated to improve over the forecast period. McCormick will remain the market leader, followed by Unilever. There are a few brands that operate only in specific regional markets. While S&B Foods operate only in Japan, it has over 40% of the revenue share in the Japanese market for spices and seasonings. Moreover, Everest was active only in the Indian market but has now extended in North American and European markets as well.

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Kosher Food Market 2017 Benefits, Forthcoming Developments, Business Opportunities & Future Investments to 2025

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Kosher economy is witnessing expansion with significant acceptance of kosher food in food industry. Kosher food market is setting out to be global targeting Jewish as well as non-Jewish communities globally, owing to increasing awareness about its dietary quality and ethical reasons. The global kosher food market is projected to register an impressive expansion at 11.6% CAGR during the forecast period 2017 to 2025, according to a report by Persistence Market Research (PMR). PMR’s report states that the market will account for revenue worth US$ 24,148 Mn in 2017; by 2025 this number is estimated to reach nearly US$ 60,000 Mn.

Increasing Adoption of Kosher Food by Vegetarian and Lactose-intolerant Consumers to Drive Market Growth

Growth of the global kosher food market is primarily attributed to concentration of Jewish population in specific regions, coupled with few members of various Christian community. Increasing adoption of kosher foods by vegetarian consumers, health conscious consumers, and patients with lactose intolerance and celiac disorders, is further expected to drive growth of the market. Growing number of kosher food manufacturers are focusing on gluten-free certification owing to high demand from kosher consumers suffering from lactose and gluten intolerance.

In addition, demand for kosher foods is coagulated by “Kosher Fest”- the most prominent and demanded kosher-certified products trade show in the world. Kosher fest promotes food industry manufacturers in certifying their products in accordance with kosher laws. These factors are estimated to fuel adoption of kosher foods across the globe. In contrast, factors such as absence of unified kosher standards, weak supply chain infrastructure as compared to non-kosher foods, and maintaining kosher integrity in supply chain are expected to restrain growth of the global kosher food market.

MEA to be the Largest Market for Kosher Food by 2025-End

Middle East & Africa (MEA) will witness fastest growth in the global kosher food market, and is estimated to be the largest market for kosher food by 2025-end. Sales of kosher food in MEA is expected to reach revenue worth US$ 24,805 Mn by 2025. In addition, North America is expected to follow MEA in terms of market share, expanding at 11.3% CAGR through 2025. In contrast, Asia Pacific will hold lowest share of the market during the forecast period.

Pareve will Remain Preferred Raw Material for Kosher Food Globally

Pareve will continue to be the preferred raw material for kosher food, with sales pegged to reach nearly US$ 15,000 Mn in 2017. In addition, dairy is expected to follow pareve in terms of CAGR to be the second most lucrative raw material for kosher food. Based on application, snack food will remain dominant in the market, expanding at highest CAGR through 2025. In terms of revenue, process meat & poultry is estimated to be the second largest application of kosher food by 2025-end. In contrast, seafood application of kosher food will exhibit a comparatively low CAGR in the market.

Key players identified in PMR’s report include Empire Kosher Poultry, Inc (Hain Celestial), B. Manischewitz Company, General Mills, Kellogg Company, Cargill, Inc., Nestlé S.A., H.J. Heinz Company, Conagra Brands Inc., Archer Daniels Midland Company (ADM), Dean Foods, Avebe,JACK’S GOURMET LLC, Sally Williams Fine Foods, KJ Poultry Processing, Quality Frozen Foods Inc., Orthodox Union (OU), OK Kosher Certification, Star-K Kosher Certification, “KOF-K” Kosher Supervision (KOF-K), KLBD Kosher Certification.

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Programmatic Advertising Platform Market | Latest Trends and Forecast Analysis up to 2025

The report begins with an elaborate executive summary that lists important market numbers related to the global programmatic advertising platform market such as the market values for the year 2017 and 2025 and the most attractive segment and region in this market.

Persistence Market Research (PMR), in its report, projects the global programmatic advertising platform market to register a staggering expansion at 33.3% CAGR during the forecast period 2017 to 2025. In 2016, the market was evaluated at US$ 1,926.4 Mn, and is further estimated to reach nearly US$ 30,000 Mn by 2025-end.

Surging Utilization of Mobile Advertising to Propel Growth

With growing market for mobile phones, wide utilization of mobile advertising is witnessed, coupled with surging demand for more sophisticated technology. Emergence of tools to monitor & measure relevant data on mobile devices is influencing bright prospects for programmatic mobile video. There has been a wide adoption of digital technologies & devices for innovation in business processes and revenue producing opportunities. In addition, several government and international events have generated an incremental online advertising spending, which in turn has influenced adoption of programmatic advertisements. The aforementioned factors are expected to fuel growth of the market during the forecast period. In addition, social media marketers are running more effective campaigns through automated buying, reaching precise audiences with highly relevant messages. This is further estimated to propel market growth.

North America to be Largest Market for Programmatic Advertising Platform by 2025-End

North America is projected to be the largest market for programmatic advertising platform, followed by Europe and Asia Pacific (APAC). Market in this region will account for revenues worth US$ 1,683.30 Mn in 2017, and is further estimated to surpass US$ 13,000 Mn by 2025-end. However, Middle East & Africa (MEA) is anticipated to register fastest growth in the global programmatic advertising platform market, followed by Latin America.

Based on transaction mode, real-time bidding segment will remain preferred in the market during the forecast period. This transaction mode is expected to surpass US$ 16,000 Mn in revenues by 2025-end. In contrast, private marketplace transaction mode is projected to exhibit the fastest expansion at 46.7% CAGR through 2025. This segment is further estimated to create an incremental opportunity of US$ 5,787.71 Mn between 2017 and 2025.

Mobile Video Ad Format to Register Highest CAGR in the Market through 2025

By ad format, revenues generated by mobile video is expected to reach US$ 8.682.57 Mn by 2025, and is projected to register the highest CAGR in the market, followed by mobile display. In terms of revenues, desktop video will be the second largest ad format segment by 2025-end. On the basis of enterprise size, although large enterprises are expected to remain dominant over the market, SMBs are projected to register the fastest growth through 2025. PMR’s report estimates large enterprises to expand from US$ 2,190.55 Mn in 2017 to more than US$ 16,000 Mn by 2025-end. SMBS are estimated to exhibit a CAGR of over 40% during the forecast period.

Key market players identified in PMR’s report include AppNexus Inc., AOL Inc. (Verizon Communications Inc.), Yahoo! Inc., DataXu Inc., Adroll.com, Google Inc. (Doubleclick), Adobe Systems Incorporated, Rubicon Project Inc., Rocket Fuel Inc., MediaMath Inc., IPONWEB Holding Limited (BidSwitch), Between Digital, Fluct, Adform, The Trade Desk, Turn Inc., Beeswax, Connexity, Inc., Centro, Inc., RadiumOne, Inc.

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Chilled Soups Market Poised to Gain Valuation of US$ 1326.3 Mn by 2025

Considering how nutritional food products cease to lose their demand in the world, manufacturers of food products are making efforts to offer such products in easy-to-consume formats. Moreover, consumption of frozen, chilled or refrigerated food products is gaining traction, particularly in urban settings. Persistence Market Research’s latest study reveals that factors as such have played an instrumental role in driving the sales of chilled soup in several regions. According to the study, the global market for chilled soup will be valued at nearly US$ 790 Mn in 2017, and will expand steadily at 6.2% CAGR to reach US$ 1,326.2 Mn by the end of 2025.

In the report, titled “Chilled Soup Market: Global Industry Analysis and Forecast, 2017-2025,” increasing preference on young consumers for succulent breakfast products is cited as a key trend treading in the global chilled soup market. Retail chains offering chilled soup at their stores is also becoming an advantage for key players in the global chilled soup market. The report has profiled companies such as The Billington Group, The Hain Daniels Group Limited, Soupologie Limited, Sonoma Brands, Tio Gazpacho LLC, Campbell Soup Company, Woolworths Limited, PepsiCo, Inc. as leading participants in the global market for chilled soup.

The report also delivers prominent trends encompassing the growth of global chilled soup market, which include:

The Bowl-to-Bottle Transition – Manufacturers are focusing on chilled soup in bottles rather than in bowls as the hectic daily grind & on-the-go lifestyle of consumers demand convenient and portable meals

Controlling Sugar Content – Considering the rise in health conscious consumers and surging demand for products with low sugar content, manufacturers are now offering low sugar chilled soups to create presence among consumers that prefer low calorie healthy food products

Preference to High Fiber Soups – Chilled soups are rich in protein and fiber, making them a top choice for consumers particularly in countries such as the US and the UK

The report also reveals the growth of global chilled soup market in terms of volume. In 2016, the global chilled soup consumption stood at sales of 426 Mn units. This figure is expected to touch 700 Mn units by the end of forecast period, exhibiting a balanced CAGR of 5.3% in terms of volume. The report further reveals that manufacturers of chilled soup products are adopting innovative packaging techniques to attract customers and enhance their customer base. In 2017, cups/tubs is estimated to remain a dominant packaging segment in the global chilled soup market, accounting for global sales of over 240 Mn units. Demand for PET bottle packaging is also expected to surge in the global chilled soup market, revenues from which are expected to attain 6.3% CAGR over the forecast period.

In many countries such as Japan, China, and Brazil, the distribution networks for chilled soup products is observed to be weak. In order to reach out to consumers, manufacturers are using a selective modes of distribution channel such as online selling or use of selective retail outlets. The report cites that supermarkets or hypermarkets will continue to be the largest distribution channel in the global market for chilled soup products by account for more than 55% revenue share throughout the forecast period. The market is also expected to be dominated by North America and Europe as these regions will collectively account for more than 80% of global chilled soup sales. Europe’s chilled soup market, in particular, will showcase fastest value growth by reflecting a 6.8% CAGR between 2017 and 2025.

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Cage Free Eggs Market The Biggest Trends to Watch out for 2025

Persistence Market Research presents analytical insights into the global cage free eggs market in a new report titled “Cage Free Eggs Market: Global Industry Analysis (2012-2016) & Forecast (2017-2025),” touching upon key aspects such as drivers, trends, opportunity areas, and a global market forecast on the basis of color, size, and region. According to Persistence Market Research forecasts, the global cage free eggs market is estimated to record a market valuation of US$ 4,541.0 Mn by 2017 end and is likely to witness a CAGR of 4.7% during the forecast period, to be valued at US$ 6,559.1 Mn by the end of 2025. Growing number of cage free commitments from various food manufacturers and food service providers is expected to fuel market growth. Further, an increasing consumer concern towards product origin as well as animal welfare is also anticipated to boost the growth of the global cage free eggs market.

Global Cage Free Eggs Market: Segmentation & Forecast

The global cage free eggs market is segmented on the basis of color into Brown and White. Brown cage free eggs are likely to dominate the global market in terms of consumption and the brown segment will hence show increased revenue growth. Persistence Market Research predicts that the brown segment will hold the maximum market share throughout the forecast period, reaching a huge value share in excess of 85% by the end of 2025. The brown segment is estimated to reach a market valuation of US$ 5,653.4 Mn by 2025 end, registering a growth rate of 5.1%. This segment is expected to represent absolute $ opportunity of US$ 159.8 Mn in 2017 over 2016 and an incremental $ opportunity of US$ 1842.5 Mn between 2017 and 2025.

The global cage free eggs market is segmented on the basis of size into Medium, Large, Extra Large, and Jumbo. Large size cage free eggs are the choice of consumers in key markets and this probably explains why the large segment is slated to dominate the global cage free eggs market. The large segment is estimated to be valued at US$ 2,899.8 Mn by the end of 2025 and register a CAGR of 5.4% during the forecast period.

The global cage free eggs market has been tracked across the key geographies of North America, Latin America, Europe, APAC, and MEA. Europe is anticipated to be the dominant regional market, holding an estimated value share in excess of 40% by the end of 2025. Europe is predicted to be the highest growing market followed by North America. The North America cage free eggs market is expected to represent absolute $ opportunity of US$ 49.1 Mn in 2017 over 2016 and an incremental $ opportunity of US$ 601.3 Mn between 2017 and 2025.

Global Cage Free Eggs Market: Competition Analysis

The report profiles some of the key players operating in the global cage free eggs market such as Eggland’s Best LLc, Cal Maine Foods, Inc., Herbruck’s Poultry Ranch, Inc., Rembrandt Enterprises, Rose Acre Farms, Hillandale Farms, Trillium Farm Holdings, LLC, Midwest Poultry Services, L.P., Hickman’s Family Farms, Sparboe Farms, Weaver Brothers, Inc., Kuramochi Sangyo Co., Ltd., Granja Agas S.A., Pazo de Vilane S.L, Farm Pride Foods Limited, Avril Group, The Lakes Free Range Egg Company, Lintz Hall Farm Limited, Sunny Queen Farms Pty Ltd., and St Ewe Free Range Eggs LLP.

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Algae Oil Market Industry Analysis, Growth, Size, Manufacturers, and Forecast to 2022

Algae oil is directly derived from algae, which is considered as a rich source of DHA and Omega 3. Algae oil has several applications in different industries. The global algae oil market is influenced by several aspects that may have a direct or indirect impact on the revenue growth of the market.

Algae oil possesses several health benefits and is widely used in the food and beverages industry as a specialty oil as it has very low saturated fat content. Apart from Omega 3, algae oil also includes antioxidants, proteins, and phycocyanin.

Algae oil finds application in the energy sector, where it is widely used in the production of biofuel, which comes with a low carbon footprint. A major aspect contributing to the progress of the algae market is the rising awareness among people regarding general health issues, improper diet patterns, and cholesterol related disorders. Used in cooking, algae oil is beneficial against problems such as bad cholesterol and inflammation, aids pregnancy health, and improves eyesight and memory. As algae oil is obtained from natural vegetable sources, it does not contain harmful toxins. Algae oil is considered to be a better substitute to fish oil with respect to nutritional value. All these factors go in favor of algae oil and support the growth of the global algae oil market. A challenge faced by this market is the high pricing of algae oil as compared to fish oil. Manufacturers are trying to reduce the pricing of algae oil by considering alternative production techniques and cost-efficient methods to overcome this challenge.

The global algae oil market is anticipated to grow at a moderate 4.8% CAGR throughout the period of assessment of 2017-2022.

5 Forecast Highlights on the Global Algae Oil Market

The global algae oil market is segmented by grade type (fuel grade, feed grade and food grade), end user (pharmaceuticals, nutraceuticals, functional foods, aquaculture, infant and clinical nutrition), application (dietary supplements, food and beverages, animal feed, personal care, pharmaceuticals, biofuels and others), sales channel (direct sales, specialty stores, hyper/super markets, online and other retail formats) and region (North America, Latin America, Europe, Japan, Asia Pacific excluding Japan and Middle East and Africa).

North America region to grow at a moderate CAGR throughout the period of assessment, and is anticipated to dominate the global market in terms of high market share by the end of 2022. The Asia-pacific excluding Japan (APEJ) region is projected to show high growth rate during the assessment period 2017 to 2022

Biofuel segment by application is poised to demonstrate a high 5.5% CAGR and anticipated to lead the market in terms of market share throughout the assessment period. The pharmaceutical segment also shows good potential with respect to growth and market share

Fuel grade type category is the largest segment as of 2017, and it is projected to register a 5.0% CAGR during the period of assessment along with a high BPS. This segment is anticipated to account for significant market share in the global market

Direct sales channel anticipated to show high market share in the forecast period. The hyper/super market segment and specialty stores segment show same pace, however, hyper/super markets hold comparatively higher share than the specialty stores during the assessment period

Aquaculture segment by end user is projected to grow at a robust CAGR during the period of assessment, 2017-2022. This segment has a vast potential in the coming years. The pharmaceutical segment by end user, is growing at a moderate rate and likely to dominate the global market during the 2017-2022 period

The report has also profiled key leading players in the global algae oil market, which would remain active through 2022. These include players like Lonza Group AG, Alltech Inc., Seaweed Energy Solutions A/S, Diversified Energy Corporation, Bioprocess Algae Llc, Cargill Inc., Cellana Llc, Cyanotech Corporation, Royal DSM NV, DIC Corporation and TerraVia Holdings Inc.

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Fermented Ingredients Market Analysis: Growth Challenges, Opportunities and Forthcoming Developments

Widespread adoption of biological process such as fermentation in boosting the nutritional value of ingredients has been instrumental in defining the current state of global food & beverage sector. Fermented ingredients have garnered surplus demand, even beyond their conventional food-making applications. Cosmetics derived from fermented ingredients are showing remarkable effectiveness in terms of improving the overall skin health.

Consumers are showing interests towards products made from fermented ingredients. The key role of fermented ingredients in boosting the bioavailability of overall product is also anticipated to fuel their sales. By the end of 2022, the global sales of fermented ingredients are expected to reach US$ 40 Bn, according to Persistence Market Research.

A new study published by Persistence Market Research projects that global market for fermented ingredients will record a robust expansion during the forecast period, 2017-2022, registering more than 7% CAGR in terms of value. Increasing demand for probiotics, coupled with rising preference for nutrition-rich food, are expected to be among key factors driving the growth of global fermented ingredients market.

North America to Record Highest Sales

According to the key findings compiled in this report, North America is predicted to remain the largest market for fermented ingredients. US-based food & beverage manufacturers are expected to remain active in expansion of global fermented ingredients market during the forecast period. In 2017, sales of fermented ingredients in the US and Canada are estimated to bring in more than US$ 12 Bn in revenues. Europe is also observed as a lucrative market for fermented ingredients. Between 2017 and 2022, Europe’s fermented ingredients market is poised to create an incremental opportunity of more than US$ 3 Bn. Japan will have the smallest share on global revenues, while sales of fermented ingredients in Asia-Pacific excluding Japan (APEJ) region will reflect strong CAGR during the forecast period.

Key Insights on Future of Global Fermented Ingredients Market

In 2017, amino acids and organic acids are collectively expected to hold more than 45% share on global revenues

Food and beverage production will be the largest application for fermented ingredients

Manufacturers will also focus on boosting the applicability of fermented ingredients in pharmaceuticals production

Anaerobic fermentation is expected to account for a little over 11% on global market value, while aerobic fermentation process will witness a relatively high demand

Batch fermentation will be a sought-after process, bringing in revenues worth over US$ 16 Bn over the forecast period

By 2022-end, over US$ 24 Bn worth of fermented ingredients sold in the global market will be in dry form

The report has also profiled key players partaking in the global market for fermented ingredients. These include, AngelYeast Co., Ltd., BASF SE, Associated British Foods Plc., Döhler Group SE, Cargill Inc., E.I. duPont de Nemours and Co., Ingredion Incorporated, Frutarom Industries Ltd., Kerry Group Plc., Lonza Group AG, and Lallemand Inc. Majority of companies are expected to focus on product launch by trying out fermentation of new ingredients in fresh conditions. Some companies are also expected to boost their R&D purview and obtain new variety of fermented ingredients.

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IoT Analytics Market | Emerging Market Trends, Size, Share and Growth Analysis 2025

Internet of things (IoT) analytics assists users in combining operative information with data and generation intelligent analytics. Adoption of IoT-based technologies is witnessing a surge owing to its benefits including better efficiency, reduced operation costs, and infrastructure optimization. Rapid growth in IoT-centric business application is fuelling demand for PaaS, aiding implementation of IoT to a large extent.

Global internet of things (IoT) analytics market is projected to exhibit a staggering 16.2% CAGR during the forecast period 2017 to 2025, according to a report by Persistence Market Research (PMR). PMR’s report projects revenue from global IoT analytics market to increase from US$ 19,415.1 Mn in 2017 to surpass US$ 60,000 Mn by 2025-end. This growth is primarily attributed to continuous launching of IoT analytics offerings, coupled with emergence of niche players in the market.

Software to be the Most Attractive Component of IoT Analytics by 2025-End

Software is anticipated to be the most attractive component of IoT analytics by 2025. Revenue amassed from software component of IoT analytics will surpass US$ 10,000 Mn in 2017; by 2025 this number is estimated to reach nearly US$ 40,000 Mn. In addition, service component of IoT analytics is projected to witness fastest expansion at over 20% CAGR through 2025.

North America is pegged to hold the highest share of the market, with revenue pegged to account for around US$ 50,000 Mn by 2025. North America is estimated to exhibit highest CAGR in the global IoT analytics market. In addition, Europe is expected to account for over 10% market share, to stand second in the global market by 2025. In contrast, Middle East & Africa will register a comparatively low CAGR in the market during the forecast period.

On-Premise Deployment of IoT Analytics to Create an Incremental Opportunity of US$ 27,278.7 Mn between 2017 & 2025

On-premise deployment of IoT analytics will remain sought-after in the market. This deployment type segment is projected to create an incremental opportunity of US$ 27,278.7 Mn between 2017 and 2025. In addition, SaaS will remain fastest growing deployment type of IoT analytics, expanding at 18.5% through 2025.

Although healthcare will remain largest vertical in the global IoT analytics market, Retail is expected to witness fastest growth in demand for IoT analytics. Healthcare is projected to account for over 70% share of market value by 2025. Transportation & logistics is expected to exhibit second-highest CAGR in the market. In contrast, energy & utilities vertical for IoT analytics will witness a comparatively low CAGR during the forecast period.

Robust Adoption of IoT Analytics by Healthcare Sector to Drive Market Growth in North America

Number of connected devices is witnessing a surge owing to soaring demand for IoT services in North America. This growth of IoT ecosystem is prompting companies for developing platforms and services will result into better prediction, management and optimization of business operations and processes. This further helps in improving efficiency and profitability, and resolving threats. In addition, there has been a robust adoption of IoT analytics by healthcare sector in North America. IoT adoption, coupled with digitization helps to easily collect data for patient records, population health data, and various other databases. These factors are expected to drive demand for IoT analytics in North America.

Implementation of large number of projects utilizing IoT tools and data sets has led to a surge in demand for IoT analytics tools & technologies by various enterprises in Europe. Adoption of IoT analytics is comparatively higher among large enterprises which have data support systems and adequate capital. Significant investments are being made by leading enterprise companies in IoT analytics tools, implementation, and applications. Such factors are estimated to propel market growth in Europe by 2025-end.

Key market players identified in PMR’s report include IBM Corporation, Microsoft Corporation, Intel Corporation, Cumulocity GmbH, Tableau Software, Cisco System Inc., Oracle Corporation, Aeris Communication, Accenture PLC.

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us:

305 Broadway,7th Floor

New York City, NY 10007

United States

+1-646-568-7751

+1 800-961-0353 (USA-Canada Toll free)

Email: sales@persistencemarketresearch.com