8 Key Takeaways from Fact.MR’s Report on Snacks Market

Snacks Market

The global snacks market is anticipated to register a steady expansion, according to the latest report by Fact.MR. The report estimates market revenues to increase at a steady rate during the forecast period.

Currently, consumers are more concerned about their snacking habits. Earlier, snacks were considered to be stop-gap food between meals. At present, they are being consumed with meals across many developed economies. This has led to a higher adoption of healthy snacking products such as extruded snacks, on the back of their metabolic benefits. Manufacturers are focusing on making alterations in the nutritional content of extruded snacks, by modifying digestion capability of starch and protein. In addition, the fast-paced lifestyle of people is driving adoption of packaged food such as bakery, and confectionary products.

The global market for snacks is highly fragmented, with the presence of myriad, large as well as small vendors competing to increase their market presence by leveraging their sales, based on promotion, service, innovation, and quality. Intense competition is expected to prevail in the global snacks market, owing to continuously changing spending patterns of consumers, local and national economic conditions, and demographic trends.  These factors will augment growth of the market in the near future.

However, savory and sweet snacks do not contribute to health and wellness trends. The snacks are usually more expensive as compared to their standard counterparts, with price gap between the two widening rapidly, especially in developed economies. These might act as restraining factors for market growth.

8 Estimations by Fact.MR’s Report for the Global Snacks Market

  1. North America is expected to remain dominant in the global snacks market, in terms of revenues. The market in this region is projected to register the highest CAGR through 2022.
  2. The market in Europe is expected to create an absolute $ opportunity of US$ 4,979.2 Mn between 2017 and 2022.
  3. Biscuits will continue to be sought-after among products, with sales estimated to account for the largest revenues by 2022-end. Sales of biscuits are expected to account for more than half share of the market during the forecast period.
  4. Sales of bars are estimated to register the fastest expansion through 2022, and will remain the second most lucrative product in the global snacks market.
  5. Supermarkets/hypermarkets will remain the largest distribution channels for snacks.
  6. Convenience stores will stick to their position of being the second most lucrative distribution channels for snacks during the forecast period.
  7. Based on source, although wheat is projected to remain dominant in the global snacks market, sales of millets are estimated to register the fastest expansion through 2022.
  8. The report identified key players actively participating in the market, which include CALBEE, Inc., Britannia Industries Limited, Lotus Bakeries NV, Mondelez International, Inc., ITC Limited, Campbell Soup Company, Nestle SA, Kraft Foods Group, Inc., Kellogs, and National Biscuit Industries Ltd SAOG.

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Cocoa Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Cocoa Market

Rising popularity of cocoa based products such as cocoa drinks, chocolate, cocoa butter and cocoa liquor is boosting the growth of the global cocoa market. Over the recent years, demand for cocoa products, especially chocolate has surged in emerging countries such as India and China. Moreover, introduction of cocoa based health drinks and a range of new chocolate confectionary items is also driving the global consumption of cocoa. On the other hand, high cost of production and inadequate supply of cocoa are posing a major challenge to the market. Weather plays a key part in determining the quality and quantity of cocoa beans that are cultivated each year, hence unfavorable weather conditions can lead to low yield, which remains a major concern for the overall cocoa market. Fact.MR’s recently published report reveals that the global market for cocoa will register a moderate CAGR of 3.3% between 2017 and 2022 to reach a valuation of US$ 40,206.9 Mn. For the last decade or so, a large number of consumers particularly in Westerns countries are opting for healthier alternatives over chocolate, many of them even quitting chocolate completely. This, in turn, is compelling manufacturers to replace chocolate with healthier ingredients in their indulgent products.

Following excerpts from Fact.MR’s global cocoa market forecast will be ardent to the market’s future prospects

  • Cocoa liquor will continue to be the top selling cocoa product throughout the forecast period. In terms of revenue, cocoa liquor will account for over 44% share of the market by the end of 2017. Meanwhile, demand for cocoa powder is also likely to increase at significant pace over 2022.
  • Confectionary remains the largest application segment of the global cocoa market and is expected to account for over 28% revenue share of the market. Towards the end of assessment period, this segment is expected to reach a market valuation of US$ 10,423.9 Mn in 2022. Apart from food and beverage, cocoa also finds application in the cosmetic and pharmaceutical product.
  • In terms of revenue, Europe currently leads the global market for cocoa, and the trend is likely to continue throughout the forecast period. The region is expected to remain one of the most attractive market for cocoa products in 2017 and beyond. During the same period, North America in projected to retain its second spot in the global cocoa market.

Competition Tracking

Some of the leading companies operating in the global market for cocoa include Barry Callebaut, Nestlé S.A, The Cocoa Processing Company Limited, ADM, Cemoi, Puratos Group, Mars, Inc., Bloomer Chocolate, Cargill, Inc. and United Cocoa Processor, Inc. Many of these players are emphasizing on product innovation and trying to develop low calorie and low fact cocoa products. Companies have ramped up their investments in scientific research programs dedicated to development of healthier food items.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Liquid Dietary Supplements Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Liquid Dietary Supplements

Considering the changing lifestyles of consumers, liquid dietary supplements are expected to gain inclusion into their daily diets. While some may consume them for targeted improvement in health, a majority of consumers for liquid dietary supplements will be looking towards improving their general body metabolism and avoid spending on medical treatments. The Fact.MR report on global liquid dietary supplements market projects that by the end of 2017, around US$ 29.5 Bn revenues will be amassed from sales of liquid dietary supplements in the world. The global market for liquid dietary supplements is also anticipated to witness a steady growth at a CAGR of 7.4%.

Key Report Insights:

  1. According to the report, more than 45% of liquid dietary supplements sold in the world in 2017 will be consisting of vitamins and minerals as key ingredients. The demand for botanical supplements, however, is expected to remain robust, during the forecast period.
  2. In 2017, a little less than 10% of liquid dietary supplements consumed globally will be directed towards treating heart conditions. Health immunity application of liquid dietary supplements is slated to gain traction during the forecast period.
  3. The report observes that pharmacies and drug stores will remain the largest distribution channels for liquid dietary supplements through 2022. In 2017, direct selling of liquid dietary supplements is anticipated to account for significant revenue share of the market.
  4. Men as consumers of liquid dietary supplements will account to 20% of the global market value in 2017. Women will be observed as largest end-users of liquid dietary supplements.
  5. Rising presence of sedentary lifestyles in the US and Canada is expected to prompt the need for dietary supplements that boost body metabolism. The report anticipates that North America will remain the largest market for liquid dietary supplements through 2022.
  6. The liquid dietary supplements market in Europe is expected to grow steadily, creating an incremental opportunity of more than US$ 3.4 Bn by 2022 over 2017. During this period, increasing incidence of dietary problems among European consumers will play a pivotal role in boosting the sales of liquid dietary supplements.
  7. The report also projects Asia-Pacific excluding Japan (APEJ) region at the forefront of global expansion of liquid dietary supplements market.

The report has comprehensively profiled key players in the competitive landscape of the global market for liquid dietary supplements. The leading players in the global market include Abbott Laboratories, Herbalife International, Inc., GlaxoSmithKline plc, BASF SE, E. I. du Pont de Nemours and Co., Bayer Aktiengesellschaft, Koninklijke DSM N.V., Glanbia plc, Alphabet Holding Company, Inc., and Amway Corporation.

Overall, the global liquid dietary supplements market will be greatly influenced by rising awareness on health and well-being. However, concerns about the potential health impact of liquid dietary supplements will continue to impact global sales.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Yogesh is a Digital Marketer by professional and he has a great experience in blogging, content writing and SEO.

Citronella Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Citronella Oil Market- Fact.MR

According to the recent report published by Fact.MR, the global market for citronella oil is expected to grow at a sluggish pace, procuring just over US$ 70 Mn value by the end of 2022. Lack of awareness regarding the benefits of citronella oil in aromatherapy is expected to curb the growth of global market. The market is also expected to witness restraints due to rising adoption of remedies substituting aromatherapy, which is lowering the demand for essential oils such as citronella oil.

Key Insights from the Report include:

  1. In 2017, over two-fifth of global citronella oil marketvalue will be accounted by sales of citronella oil in absolute form. On-shelf availability of citronella oil in absolute form is also expected to gain traction owing to relatively easier production compared to concentrates of citronella oil.
  2. Therapeutics, aromatherapy and production of food & beverage products are expected to remain the three most prominent applications of citronella oil. Through 2022, these three applications will account for more than half of the global citronella oil market value.
  3. In 2014, the European Commission announced the approval of herbicide made from citronella oil, specifying a few amends that mitigate potential risks to workers, residents, ground water and non-target organisms. The report projects that favorable government-supported sanctions as such will boost the growth of citronella oil market in Europe. In 2017 and beyond, Europe is expected to remain the largest market for citronella oil, expanding at a steady CAGR of 4.9%.
  4. The demand for citronella oil in North America is expected to remain low. Consumers in the US and Canada are less likely to be aware of benefits of essential oils such as citronella oil in aromatherapies. Higher inclination of consumers in North America towards instant therapeutic remedies is impeding the preference to citronella oil-based aromatherapy. Over the forecast period, the citronella oil market in North America is expected to reflect the lowest CAGR, becoming the least attractive region for market players.
  5. The report predicts that nearly eight out of ten citronella oil products sold in the global market will be sourced naturally. The demand for organically sourced citronella oil will remain relatively low, creating an incremental opportunity of just over US$ 2 Mn between 2017 and 2022.
  6. Modern trade outlets and franchise outlets will be observed as the two largest channels for distribution of citronella oil in the global market. However, revenues individually amassed from global sales of citronella oil through modern trade outlets and franchise outlets are expected to grow moderately, reflecting around 4% CAGRs throughout the forecast period.

IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Green Fields Oil Factory, Aksuvital, Plant Therapy Essential Oils, Linonel Hitchen Essential Oils Ltd., Shaanxi Guanjie Technology Co., Young Living Essential Oils LC, Synthite Industries Ltd., Bio Extracts private limited, D?TERRA International, Greenleaf Extractions Pvt Ltd, and Natures Natural India are profiled in the report as key players that will remain active in the expansion of global citronella oil market through 2022.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Cardamom Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Cardamom Oil Market- Fact.MR

The rising awareness of cardamom oil in several end use industries such as cosmetics, personal care, healthcare, food and beverages, etc., has increased the horizon of the adoption of cardamom, and thereby, influenced the growth of the cardamom oil market on a global basis. The emerging use of cardamom oil in pharmaceutical industry, in order to treat muscle spasms, muscle pulls, and other antiseptic and anti-microbial uses, is increasing, and hence, spurring the growth rate of the global cardamom oil market. The major producers of cardamom oils are present in India, Japan, China and few European regions. Europe and United States are considered more of a consumer type region where as countries in Asia Pacific are considered as producer type regions. Fact.MR’s recent research study on cardamom oil market uncovers several aspects which influence the global cardamom oil market and reveals that the global cardamom oil market is expected to grow at a CAGR of 3.8% during the forecasted period of 2017-2022.

Following are excerpts from Fact.MR on global cardamom oil market which would be beneficial to the future prospects of the market

  • The natural sub segment of the source type segment of the global cardamom oil market has higher market share by revenue as estimated in 2017; however, the organic segment is more likely to show higher growth rate
  • The absolute type sub segment from the form type segment of the cardamom oil market, shows higher revenue share in the global market followed by the blend sub segment and concentrates segment. But the blends segment is poised to have a higher CAGR of 5.0% during the forecasted period of 2017 to 2022
  • As far as geography is concerned, Europe shows more market attractiveness in terms of consumption and favors nearly all the segments involved in the cardamom oil market and is expected to grow at a higher pace during the forecasted period
  • Within the channel distribution segment, the online sub segment is expected to grow at a higher pace but shows less market share by revenue. The modern trade along with franchise outlets show similar annual growth rates, but modern trade sub segment has the highest market share by revenue compared to all other sub segments in distribution channel-based segmentation.
  • The Japan cardamom oil market is poised to show a 6.6% of revenue share in the market during 2017 but is expected to lose 42 BPS by 2022.
  • The research report on global cardamom oil market includes several key players. The companies profiled in the research report are The Lebermuth Company, Biolandes, Greenleaf Extractions Pvt. Ltd., Young Living Essential Oils, Natures Natural India, Shaanxi Guanjie Technology Co., Aksuvital, IL Health and Beauty Natural Oils Co. Inc., Aromaaz International, Lionel Hitchen Essential Oil, Green Fields Oil Factory and Plant Therapy Essential Oils

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Clover Leaf Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Clover Leaf Oil Market - Fact.MR

Low awareness regarding benefits of clover leaf oil in improving overall health of consumers is expected to restrain the global market from expanding at an impressive pace. Fact.MR’s report on the global clover leaf oil market projects that by the end of 2022, a little over US$ 528 Mn revenues will be procured from sales of clover leaf oil in the world, reflecting a moderate CAGR.

Key Insights from the Report include:

  1. Through 2022, the demand for clover leaf oil in its absolute form is expected to remain closely equal to the demand for concentrated form of clover leaf oil. Both forms are anticipated to procure more than one-third share on global revenues, individually. Meanwhile, blended clover leaf oil products will lose traction in terms of demand, reflecting a sluggish growth at lowest CAGR.
  2. In 2017 and beyond, eight out of ten clover leaf oil products sold in the market will be sourced from natural clover plants. The demand for naturally sourced clover leaf oil will be high in Europe, while global demand for organically procured clover leaf oil will witness a considerable decline towards the end of the forecast period.
  3. Proactive lifestyles of consumers in European countries are pegged to influence the sales of clover leaf oil products. In Europe, the demand for clover leaf oil is expected to gain traction owing to prevalent inclination of consumers towards health-benefiting products. Consumers in this region are likely to be aware about the benefits of clover leaf oil in boosting energy, improving blood circulation and being a natural anti-inflammatory ointment. The report projects that through 2022, Europe will remain the largest market for clover leaf oil in the world.
  4. North America, on the other hand, is expected to witness lowest growth in its clover leaf oil market. The sales of clover leaf oil in the US and Canada will reflect a sluggish growth by exhibiting a 2.5% CAGR throughout the forecast period. Low on-shelf availability of clover leaf oil products and a relatively less awareness regarding benefits of clover oil are expected to contribute to the moderate growth of North America’s clover leaf oil market during the forecast period.
  5. On the basis of application, therapeutic use of clover leaf oil products will witness a significant upsurge. The report also predicts that use of clover leaf oil in aromatherapy, production of fragrances, and production of food products & beverages will also witness impressive growth in the years to come.
  6. Modern trade outlets are expected to contribute to more than two-fifth of global market value throughout the forecast period. These outlets will be observed as largest distribution channel in the global clover leaf oil market, while online sales of clover leaf oil products are expected to procure more than US$ 80 Mn revenue by the end of 2022.

Manufacturers of clover leaf oil products that are expected to remain active in the expansion of global clover leaf oil market through 2022 are also profiled in the report, which include companies such as Plant Therapy Essential Oils, Green Fields Oil Factory, Lionel Hitchen Essential Oils, Aromaaz International, IL Health & Beauty Natural Oils Co. Inc., Aksuvital, Shaanxi Guanjie Technology Co., Natures Natural India, Young Living Essential Oils LC, Greenleaf Extractions Pvt Ltd., Biolandes, The Lebermuth Company, doTerra, Synthite Industries Ltd., and Bio Extracts (Pvt) Ltd.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Green Pepper Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Green Pepper Market- Fact.MR

Global production of green pepper has been steadily expanding over the past couple of years due to its growing application in the food and beverage sector. Compared to white and black pepper, green pepper has a lower penetration. Green pepper is usually available in either brine or vinegar mixture that prevents it from getting spoiled. However, pure form of green pepper is also popularly consumed in many countries. The product is used as a natural preservative in various processed food items and is rich in potassium, vitamin-C, iron, manganese and dietary fibers. In addition, green pepper has antioxidant properties – making it popular among consumers who seek to maintain a healthy diet.  Green pepper is also beneficial in treating as well as preventing cancer, liver, and cardiovascular diseases. Moreover, increasing demand for exotic hot cuisines and rare green pepper variants is projected to positively impact the green pepper sales in the near future. According to the latest report published by Fact.MR, the global market for green pepper will expand at little under 4% CAGR during 2017 and 2022 to reach a valuation of around US$ 486.6 Mn.

Following points from Fact.MR’s global market for green pepper forecast will be crucial for market’s future prospects

  • On the basis of form, the ground green pepper segment is expected to remain dominant throughout the assessment period. Currently, this segments holds close to 40% market share in terms of revenue. Over US$ 200 Mn worth ground green pepper is likely to be sold worldwide. Between 2017 and 2022, the segment is anticipated register an above average CAGR.
  • Among regions, Europe will continue to be the most lucrative market for green pepper during the forecast period. The region currently commands for the largest revenue share of the global market. The market is projected to increase at close to 5% CAGR over the next five years.
  • Demand for organic green pepper will be relatively higher as compared to the conventional variant during the forecast period. Rising preference for organic products and growing consumer awareness about health benefits of organic ingredients is boosting the demand for organic green pepper.
  • In recent years, application of green pepper has expanded exponentially across industries. The Fact.MR report mentions the food and beverage application segment will continue to command for the dominant share of the market over 2022.  In addition, the food & beverage segment currently accounts for around 27% revenue share of the market.
  • On the basis of distribution channels, the modern trade segment is expected to surpass a market valuation of US$ 176 Mn over 2022. Currently, the segment accounts for over 35 % revenue share of the market.

Competition Tracking

Key players mentioned in Fact.MR’s report include Associated British Foods (Ach), Beidahuang Group, Bunge Limited, Fuji Vegetable Oil, Inc., Ach Food Companies, Inc., Marico Limited, Ruchi Soya Industries Ltd, The Adani Wilmar Ltd., Archer Daniels Midland Company, Cargill, Inc., ConAgra Foods (Agrotech Foods Ltd), Olympic Oils Limited, Borges Mediterranean Group, Adams Group, and American Vegetable Oils, Inc.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
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Argan Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Argan Oil Market- Fact.MR

According to a new report by Fact.MR, the global argan oil market is projected to register a moderate CAGR during the forecast period (2017-2022). Revenues from the global market for argan oil are estimated to exceed US$ 6,000 Mn by 2022-end.

Manufacturers in the global argan oil market are focusing on improvements in production capacity and extraction of argan oil. Global leaders in the argan oil market are concentrating on adoption of strategies such as mass merchandizing, and global penetration, along with online availability of products, for increasing their product portfolio as well as market presence. A rise in awareness among consumer has been witnessed regarding argan oil benefits from its natural-based ingredients. In addition, demand for enhanced vitamins & nutrients in food and beverage products is expected to witness an upsurge. These factors are expected to drive demand for argan oil across the globe.

Cosmetic manufacturers are using argan oil for the provision of moisturizing as well as anti-aging effects in their beauty products. The argan oil plays a significant role in boosting energy of individuals affected with heart problems, vitamin deficiency, and low metabolism. Consumer preferences are increasingly shifting towards presence of herbal ingredients in medical, cosmetic, and food products. These factors will further boost growth of the global argan oil market during the forecast period.

14 Key Projections for the Global Argan Oil Market

  1. By form type, absolute argan oil is estimated to remain preferred in the global market. Revenues from sales of absolute argan oil are anticipated to account for more than one-third market share throughout the forecast period.
  2. Argan oil blends are projected to remain the second most lucrative form of argan oil. Sales of argan oil blends and absolute argan oil are expected to exhibit a parallel expansion at similar CAGRs through 2022.
  3. Natural argan oil will remain sought-after in the market among consumers. Sales of natural argan oil are expected to hold nearly three-fourth revenue share of the market during the forecast period.
  4. Demand for organic argan oil is expected to remain comparatively lower than that for natural argan oil during 2017 to 2022.
  5. Argan oil are expected to witness the largest application in food & beverages, with sales expected to reach nearly US$ 1,600 Mn in revenues by 2022-end.
  6. Aromatherapy will remain the second largest application of argan oil.
  7. Argan oil sales for application in fragrances will continue to exhibit a sluggish expansion through 2022.
  8. Europe will remain dominant in the global market for argan oil, with sales projected to register the fastest expansion through 2022.
  9. North America is estimated to remain the second most lucrative market for argan oil.
  10. The argan oil market in Middle East & Africa (MEA) will register a sluggish growth throughout the forecast period.
  11. The market for argan oil in Asia-Pacific excluding Japan (APEJ) will continue to exhibit a moderate growth through 2022.
  12. Argan oil sales in online distribution channel are expected to register the fastest expansion through 2022.
  13. Argan oil sales in specialty stores are anticipated to reflect the lowest CAGR during 2017 to 2022. However, specialty stores are projected to remain the second most lucrative distribution channel for argan oil.
  14. Modern trade is anticipated to remain dominant distribution channel in the global argan oil market.

The report has also profiled that companies such as Plant Therapy Essential Oils, Young Living Essential Oils LC, Green Fields Oil Factory, Aromaaz International, Lionel Hitchen Essential Oils, IL Health & Beauty Natural Oils Co. Inc., Biolandes, Greenleaf Extractions Pvt Ltd., The Lebermuth Company, Synthite Industries Ltd., Bio Extracts (Pvt) Ltd., Shaanxi Guanjie Technology Co., Aksuvital, doTerra, and Natures Natural India will remain prominent in the expansion of global argan oil market through 2022.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Inorganic Salts Market worth 69,131 Billion USD by 2024

Inorganic Salts

A wide type of inorganic salts measure on the market and utilized in a spread of applications together with agriculture, healthcare, construction, and lots of others. The physical and chemical properties, and uses of every inorganic salt take issue from one another. These salts play a vital role for normalizing the functions of the anatomy. These salts essential nutrients for humans and animals and square measure utilized by haircare within the variety of food to take care of a number of the metabolic processes, and nerve impulse. Inorganic Salts Market is estimated to reach $69,131 Billion by 2024; growing at a CAGR of 4.9% from 2016 to 2024.

Global Inorganic Salts Market is estimated to reach $69,131 Billion by 2024; growing at a CAGR of 4.9% from 2016 to 2024. A wide variety of inorganic salts are available and are used in a range of applications including agriculture, healthcare, construction, and many others. The physical and chemical properties, and uses of each inorganic salt differ from each other. Additionally, these salts play an important role for normalizing the functions of the human body. These salts are essential nutrients for humans and animals and are used by combing in the form of food to maintain some of the metabolic processes, and conducting nerve impulse.

The factors surging the demand of global inorganic salts market are increasing application of salts in pharmaceutical and construction industries, advancing rubber industry, growth in agrochemicals and agricultural sector, and rising demand for magnesium oxide. Though, toxic nature of some salts would hinder the market growth. Additionally, increasing R&D in the field of chemicals and biotechnology would provide market opportunities in years to come.

The segments of global inorganic salts market include product type, application, and geography. Product type is bifurcated into potassium salt, sodium salt, calcium salt, magnesium salt, ammonium salt, and others. Application includes food, chemical, healthcare, fertilizer, construction, and others.


Based on geographical analysis, inorganic salts market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, Germany, France, Netherland, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, Australia, and Rest of Asia-Pacific, while RoW is bifurcated into South America, Middle East, and Africa.

The key Major players in this market include Chemtura Corporation, Thermo Fisher Scientific Inc., Lanxess AG, Behn Meyer, Merck Millipore, Bann Química, Eastman Chemicals Co., Loba Chemie Pvt. Ltd., Otsuka Chemical Co Ltd., and Emerald Performance Materials, among others.

The key takeaways from the report

– The report will provide detailed analysis of Global Inorganic Salts Market with respect to major segments such as product type, and application
– The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
– Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
– An exhaustive regional analysis of Global Inorganic Salts Market has been included in the report
– Profile of the key players in the Global Inorganic Salts Market will be provided, which include key financials, product & services, new developments and business strategies


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Bergamot Oil Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022

Bergamot Oil Market- Fact.MR

The global bergamot oil market is forecasted to demonstrate a moderate CAGR during the forecast period of 2017 to 2022 as per the latest research report released by Fact.MR. The report estimates that the revenue from the global bergamot oil market will reach US$ 29.7 Mn in the year 2022.

The wide ranging benefits of Bergamot oil have made it popular amongst the consumers across all the regions of the world and the market for bergamot oil is in a sure shot growth trajectory. One of the main benefits of bergamot oil is that it acts as an antidepressant, and helps to release emotional pain. It also helps in relieving joint and muscle pain and aids in the process of digestion. Bergamot oil also helps in soothing the skin irritations and helps to make the skin look glowing and radiant. It also works as a sedative and helps in relieving pain. Bergamot oil also works as an antiseptic and helps in the killing of germs and harmful bacteria in the body. Apart from such wide ranging uses, bergamot oil is also used as a deodorant as it helps to prevent the growth of germs that cause body odor. Bergamot oil also acts as an anti-congestive, and it helps in the prevention of congestion. Due to such beneficial properties of bergamot oil, the market for bergamot oil is gaining traction all over the world.

Key takeaways from the global bergamot oil market

  1. The bergamot oil market in Europe is expected to dominate the global market in terms of revenue in the year 2017, and will continue to do so till the end of the assessment period in the year 2022, growing at a moderate CAGR.
  2. As far as the bergamot oil market’s source type segments are concerned, the natural segment is the largest one, which represents nearly two-thirds of the market in the year 2017. The absolute growth of the natural segment is larger than any other segment in the source type segment.
  3. As per the forecast of Fact.MR, the North America bergamot oil market will grow at a sluggish CAGR during the assessment period.
  4. Fact.MR forecasts that the organic segment is poised to grow to US$ 11 Mn in the year 2022. The organic segment will grow at a moderate CAGR during the assessment period and will account for nearly one-third of the revenue share of the source type segment in the year 2017.
  5. As per the findings of the Fact.MR report on the global bergamot oil market, the absolute segment is poised to reach a value of US$ 11.9 Mn at the end of the assessment period in the year 2022. The absolute segment is estimated to account for more than one-third of the revenue share of the form type segment by the year 2017.
  6. In the competitive landscape of the global bergamot oil market, the key players profiled are Citrus and Allied Essences Ltd., do Terra International, Fischer S/A – Com. Ind. e Agricultura (Citrosuco Paulista SA),  Lionel Hitchen Essential Oils Ltd., Mountain Rose Herbs, Inc., Citromax Flavors, Inc. (Citromax S.A.C.I.), Symrise AG, Bontoux S.A.S., Young Living Essential Oils LC and Citrus Oleo.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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