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  • Lead Acid Battery Market Size, Industry Growth Prospects & Trends Analysis by 2026

    The global lead acid battery market is predicted to rise at a healthy pace in the years ahead. Despite its advanced use, lead acid battery continues to be widely used among other rechargeable batteries commercially available. Key reasons behind its popularity are reliability and cost-effectiveness for each unit of energy consumed. This makes lead acid battery preferred for golf cars, automobiles, marine and uninterruptible power supplies, and forklifts.

    Such applications of lead acid battery hold promise for the growth of lead acid battery market. Serving such applications, lead acid battery market is predicted to rise at a CAGR of 4% between 2018 and 2026, says Transparency Market Research in one of its recent market publications.

    Over last several years, expansion of automobile and manufacturing sectors has paved way for expansion of battery technology. Lead acid batteries find wide use for power backup systems in these industrial sectors.

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    Apart from this, wheeled mobility devices such as golf cars and electric wheelchairs find wide use of lead acid batteries. Lead acid batteries are suitable for such applications due to their deep lifecycle.

    On the flip side, production of lead acid battery is hazardous to the environment. Lead mining involves extensive release of toxic smoke, including dioxins, sulfur dioxide, and dibenzofurans. This, indirectly impedes use of lead acid battery. Besides this, improper disposal of lead acid batteries poses risk of pollution on and as well as water. Agricultural land and water bodies are impacted by runoff of chemicals by lead acid batteries. This impedes growth of lead acid battery market.

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    Market Players face Growth Repercussions due to Environmental Breach

    Meanwhile, the lead acid battery market faces volatility on the competitive front. Product innovations, expansion of manufacturing facility, and repercussions due to environmental breach are some factors that impact level of competition in this crowded lead acid battery market.

    Introduction of 12V AGM sealed lead acid battery by Duracell at CES Conference, Las Vegas in 2018 is an example. The U.S. based company is widely known for its small alkaline batteries product range.

    Environmental repercussions related to battery technology also creates competitive volatility for manufacturers of these products. In early February 2018, Aqua Metals faced three different lawsuits for recycling of used lead acid batteries. To address this, the company undertook a turnkey technical solution associated with “sticky lead” problem of recycling of used lead acid batteries. With the solution, the company’s share rose from US$1.62 to close to US$2.79 within two days.

    For environmental conservation objectives, expansion of recycling process capacities is also on the roadmap of success for participants in the lead acid battery market. For example, a leading lead acid battery manufacturer, in association with an environmental agency expanded its recycling capacity by volumes to be 25,000 tons each year.

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    Expanding Production of Passenger Vehicles swells demand in Asia Pacific

    Asia Pacific has emerged as a key region for lead acid battery in recent years. Increasing production of vehicles has expanded the demand of lead acid battery in the region. Lead acid battery are useful for passenger cars due to its low cost as well as reliable performance. Need for power backup of utility companies, and rapid expansion of the renewable energy sector are some other economic interest area that display demand of lead acid batteries. Serving this, the lead acid battery market in Asia Pacific is predicted to rise at a CAGR of 4.9% from 2018 to 2026.


  • Crude Tall Oil Market Report Examines Business Opportunity and Worldwide Scope

    Crude Tall Oil Market: Introduction

    • The material produced during the wood pulp production process is known as crude tall oil. In Swedish, ‘tall’ means ‘pine,’ which denotes crude tall oil, which is produced while pulping of softwood pine trees.
    • Black liquor is generated while pulping of pine trees. This is available in the form of residue, which consists of valuable chemicals that are fed back into the pulping process. The remaining residue is in the form of tall oil soap, which is collected at the mills and further process is carried out to make crude tall oil.
    • Crude tall oil is the mixture of rosin, fatty acid, and other neutral materials, which form water-in-oil compound and stabilizes mud systems at high bottom-hole temperature
    • Crude tall oil can be further purified through the fractionation process to separate it into the components of tall oil resins, tall oil fatty acids, heads, pitch, and distilled tall oil.

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    Crude Tall Oil Processing and Derived Products

    • Crude tall oil can be processed through various processes such as distillation, direct energy use, refining, modifying/mixing, and direct use
    • The products formed after distilling crude tall oil are tall oil fatty acid (TOFA), tall oil rosin (TOR), distilled tall oil (DTO), tall oil pitch (TOP), and  tall oil heads (TOH), which can be further used as fuel additives, adhesives, printing inks, food adhesives, dimer acids, etc.
    • After refining, crude tall oil can be used as crude tall diesel and renewable diesel. It can also be used in suspension stabilizers.

    Increasing Demand for Biofuel

    • Demand for biofuels has been increasing in order to reduce pollution. Biofuel is an environment-friendly substitute to fossil fuel. Biofuels on combustion emit very less pollutants vis-à-vis fossil fuels. On refining of crude tall oil, crude tall diesel or renewable diesel is obtained, which can be used as biofuel in the automotive end-use industry. Furthermore, implementation of government policies to promote the use of biofuel in various countries is anticipated to boost the crude tall oil market in the near future.

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    Rising Demand for Bio-based Products

    • Crude Tall oil is one of the special sources of bio-based products. It is a blend of rosin, neutral compounds and fatty acids, which can be further refined to different fractions such as sterols and fatty acids. These compounds can be used in large variety of products and applications in various consumer and industrial markets. Thus, rise in demand for bio-based products is likely to boost the crude tall oil market.

    Europe Expected to Hold Major Share of Global Crude Tall Oil Market

    • Geographically, the crude tall oil market can be split across five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • The market in Europe is expected to expand at a significant pace during the forecast period, as the region have developed first commercial-scale crude tall oil processing facility. Furthermore, the demand for biofuel in the region is increasing due the government policies and regulations.
    • The crude tall oil market North America is likely to expand at a healthy pace in the near future due the demand for bio-based products and biofuel. Asia Pacific is projected to hold moderate share of the market in the near future
    • The market in Latin America and Middle East & Africa is expected to expand at a sluggish pace during the forecast period

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    Key Players in Market

    The crude tall oil market top companies

    • Kraton Corporation
    • Forchem Oyj
    • UPM.
    • DRT (Dérivés Résiniques et Terpéniques)
    • Sunpine AB
    • Eastman Chemical Company
    • Ingevity
    • Mercer International
    • Pine Chemical Group
    • Segezha Group
    • OOO Torgoviy Dom Lesokhimik
    • Neste
    • Others

  • Eucalyptus Oil Market- Emerging Opportunities, Sweeping Trends

    The global demand for eucalyptus oil remains an all-time high as applications like cosmetics, and drug manufacturing continue to rise. The global eucalyptus oil market is expected to grow at a notable 5.6% CAGR during 2017-2025, and reach a valuation of US$64.6 million in 2025.

    Apart from its core applications like cosmetics, and drugs, the market is also expected to witness major growth in emerging region of Asia Pacific. The increasing push for innovation in pharmaceutical products, and rising disposable income in the region, making way for risk-taking, and experimentation is expected to make way for significant growth.

    Additionally, the global eucalyptus market is also riding growth on the back of increasing demand for natural products. The increasing health concerns and rising transparency with the advent of social media are expected to drive growth for the eucalyptus oil market. The large quantities of cineole content in eucalyptus oil promises major opportunities for growth as its medicinal value, and awareness continue to spread globally.

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    Rising Popularity of Gluten-free Products to Create New Opportunities

    While demand for aromatherapy remains the major application for players in the eucalyptus oil, the rising demand for natural flavours in food and beverage have also created new opportunities for growth. Products like gluten free rice are increasingly preferred by vegans, thanks to their increased importance to health. Products like these are especially appealing to a large number of blue collar workers, whose routine consists of sedentary lifestyle, which results in a wide range of illnesses like bronchitis, pneumonia, and blood pressure among others. Moreover, the rising risk associated with meat products like red meat, also make this large group of working class people extremely wary of conventional foods with more fats, salts, and processed flavors.  The natural quantities of eucalyptus oil, and increased familiarity with its taste will likely drive more growth for players in the eucalyptus oil market.

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    North America and Europe to reach over $ 40 million in Valuation

    The global market for eucalyptus oil remains in its infancy stages. However, the promising aspect to the story is, the market is growing at a brisk pace in some of the most challenging and lucrative regions. The demand for eucalyptus oil remains a key prospect in North America, and Europe, especially for new entrants. The market reached a valuation of $41.7 mn in 2017, growing at a CAGR of 5.6%. Moreover, the market has also shown promising growth in Asia Pacific, wherein rising disposable income, and conventional trends like herbal medicine, continue to drive demand for natural ingredient-based products.

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  • Biological Seed Treatment Market Global Growth Analysis and Forecasts to 2026

    The vendor landscape in the global biological seed treatment market is increasingly dynamic, finds Transparency Market Research (TMR). This is on account of copious investments by several agrochemical companies on new biological seed treatments. A number of players in various developed regions of the global biological seed treatment market are engaged in bagging regulatory approvals for their biological products. Numerous agricultural technology companies are also working relentlessly on educating the end users of the benefits of advanced seed treatments, which helps them get strongholds in the global biological seed treatment market.

    Growing number of players, notably Monsanto Company and Bayer CropScience, are offering seed companies biological seed treatments to help them customize agronomic solutions in order to bolster agricultural productivity. Other well-entrenched players in the global biological seed treatment market are Valent Biosciences Corporation, BASF SE, Italpollina SpA, and Syngenta AG.

    The opportunities in the global biological seed treatment market is expected to rise at robust CAGR of 10.2% during 2017 – 2026. By the end of this period, the global biological seed treatment market will reach worth of US$715 mn.

    Among the various biological seed treatment types, those used for bacterial resistance will fetch major share of revenues over the assessment timeline. US$ 00 million worth of biological seed treatment solutions are expected to be used in bacterial intervention in plants’ growth by 2026 end.

    Regionally, North America holds sway in the global biological seed treatment market. In the years ahead, the region is expected to rise at the most attractive growth rate and attain US$ 306 Mn by 2026 end. The growth is increasingly propelled by rapid growth in agricultural technologies in the region and growing acceptance of biological seed treatments among agronomists.

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    Search for Sustainable Technologies to improve Crop Efficiency generates Profound Interest in Biologicals

    Growing popularity of biological products among farmers and agronomists with the key aim of improving the yield potential of crops will bolster revenue generating potential of the global biological seed treatment market. The expansion in the global biological seed treatment market rides on the back of growing focus on sustainable and holistic agronomic solutions to bolster yield.

    Biological seed treatments over the past several years have shown great prospects in improving products productivity on variety of aspects. Various vendors in the global biological seed treatment market are offering products that promise to improve the water and nutrient intake in various plants, such as corn and cash crops. In addition, biological seed treatments have shown effectiveness in protecting plants against a broad range of pests and diseases, thus being a key determinant of crop yield.

    Marked momentum in the global biological seed treatment market has come from the growing potential of biological seed treatment in ensuring global food supplies. This has become increasingly crucial in the face of burgeoning food consumption, especially in developing and developed regions. Growing relevance of biological seed treatment for rare plant diseases is also boosting the market.

    Increasing spending of Agrochemical Companies on Multidisciplinary Research bolsters Prospects

    Over the past few years, unfavorable environmental conditions and an uncertain weather have played havoc on global yield. The market has also been witnessing solid impetus from growing focus on sustainable agriculture.

    However, biological seed treatments have still a long way to go for being mainstreamed in global agricultural practices. This may due to several reasons. The high cost of such treatments in cost-sensitive regions is a case in point. Moreover, lack of awareness about the favorable science behind biological seed treatments has also been hampering the prospects in the global biological seed treatments market.

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    Nonetheless, agrochemical companies are proactive in spreading the awareness about the role of biological seed treatment in long-term sustainability of agriculture. Moreover, the advent of cost-effective solutions, coupled with recent strides made in the agriculture industry, is boosting the market. Further, numerous agrochemical chemicals have been spending sizeable sums on multidisciplinary research for developing better-performing biological seed treatments. This is likely to pave new and lucrative avenues in the global biological seed treatment market.

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  • Popularity of Gluten-Free Food to Bolster Rice Flour Market

    The global rice flour market is expected to experience steady growth in coming years, according to a Transparency Market Research (TMR) report. Given the low entrance obstacles due to less early investment, several businesses operate on the rice flour market.

    Vendors in the global rice flour market are benefitted from the emergence and increasing awareness of gluten-free food products. Due to the extensive use of traditional rice flour in bakery and processed food items, the standard segment will dominate the market. Due to increased consumer preference and increased consumer inclination towards organic products, organic segments will, however, develop at a greater CAGR during the forecast period. Consumers are increasingly aware of the advantages of organic products, which are supposed to lead to the development of the organic sector in the marketplace.

    A study by Transparency Market Research world-wide on the rice flour market finds that the forecast period from 2017 to 2025 is steadily rising to 4.4 percent CAGR. The market value is anticipated to rise in this speed, from USD 712,9 million in 2017 to $1003.1 million by 2025-end.

    The dominance of both value and quantity is expected to be in ASia Pacific. By the end of 2025, rice flour is anticipated to increase as staple food on the market in the region as well. In addition, New Zealand and Australia are also anticipated to see remarkable development on their markets, aside from the Oriental countries in the Asia Pacific, known to eat rice.

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    Popularity of Gluten-Free Food to Bolster Rice Flour Market

    In 2016, hospitalizations for coeliac illness rose more than 600 percent from 1998 to 2013, according to DDW (Digestive Disease Week). The increased preference of rice flour over wheat flour is increased globally. Wheat and gluten sensitivity instances The growers are also accelerating the demand for rice flour as well as other gluten-free flours by applying white rice flour to a broad spectrum of flour based products as a gluten-free ingredient. With an increasing consumer base, baked and snack foods have become more tractable since the latest past, with enhanced, healthier, easier to cook and ready-to-eat choices for food to fit their busier lifestyle. This is expected to create immense demand in the global rice flour market in the coming years.

    The volatility of grains prices due to climate change is one of the main problems for the development of the worldwide rice flour industry. Climate irregularity and seasonal changes have an important effect on plants, which influence crop yields in many areas adversely, ultimately leading to input and price differences in production. Furthermore the volatility in crop prices is also due to fluctuating energy, chemicals and fertilizer expenses.

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    Organic Rice Floor to Emerge as Key Market Trend

    Organic rice flour obtained from organic rice cultivated in accordance with organic farming laws and instructions and cultivated without any pesticides, synthetic fertilizers, chemicals or other noxious substances. In recent years there has been considerable worldwide growth in demand for organic flours such as organic wheat flour, organic rice flour and organic maize flour. Increased consumer awareness of organic products and powerful public support for developing natural and nutritionally rich products are main factors driving demand for organic products on the world market. The demand for organic rice flour for bread, cookies, processed food, sweets, meats and sauces and other organic products is high.

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  • Carthamus Red Will Lead Market - Business Overview, Revenue, Price and Gross Margin

    Market outlook

    Carthamus an Arabic word means dye. Carthamus red is obtained from safflower (Carthamus tinctorius). Safflower is an ancient plant which used for natural coloring, medicine, an alternative to fats, and oils and has high resistance and tolerance external factors. This plant naturally produces a large amount of red dye and yellow dye. Red dye is known as carthamus red or carthamin. Carthamus red is natural coloring dye used as a colorant in medicine, food industry and cosmetics. Carthamus red has a positive market development as it is a natural product which is in high demand. People these days are turning to natural and organic products due increase in food safety concerns. Hence, it can be anticipated that the demand for the carthamus red market will increase significantly during the forecast period.

    Versatile Applications Of Carthamus Red Will Lead Market Growth

    Carthamus red is natural red color dye useful as colorant into a variety of industries. In the food industry there is maximum use of chemicals or synthetic color food products and so is looking for natural colorant and dye. Carthamus red is an alternative to all those artificial coloring agents. Carthamus red in the textile industry is in demand due to its varying shades from yellow, pink and red. It is also used as a substitute to saffron and sold in Africa and other European parts. Carthamus red, a natural plant product has many applications and can have more versatile uses so is expected to have positive market growth globally.

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    Carthamus Red Market Key Players

    The market key players of Carthamus Red are Pengyan international,  Daxinganiling Koralle bioengineering co., Ltd, Zhongbei Northland Bio-chem industry co., Ltd, Revolvy, Xi’an Saiyang Biotechnology Co., Ltd. Industrialists and manufacturers are showing a keen interest in carthamus red market as the demand is increasing every year for the use of natural products and reducing the use of synthetic products.

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    Carthamus Red Market Opportunities

    Carthamus red is a natural colorant which can be widely used into food industry as demand for processed and ready to eat food is increasing. The market in cosmetics is expected to have maximum growth as demand for natural and organic colorants is increasing. It is also used in manufacturing of shampoo and hair color. Due to its various shades of color, its demand in textile industry is expected to grow for coloring fabrics.  There are studies going on for health benefits of carthamus red which will have new applications into pharmaceutical industry. Bound to these factors, the market for carthamus red is expected to have more growth and development during the forecast period.

    Carthamus Red Market Regional Outlook

    Carthamus red, the product of safflower is mainly grown in South Asia. It has a developed market into the Asia Pacific and Africa. The market is opportunistic for the American and European market.  As people in these regional areas are turning more towards natural products and also has more use of cosmetics.  The European market has variety of food items usually chasing the natural source products of colorants and dye. The market is expected to grow positive and will have more developments into the forecast period and later.

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  • Vitamin & Mineral Premixes Market - Global Industry Analytics, COVID-19 Business Impact

    Transparency Market Research (TMR) provides valuable information on the global vitamin and mineral premixes market in recently generated report, and throws light on the major factors influencing growth of the global market. The report offers analysis for the period, 2017-2026, and in-depth insights pertaining to the growth patterns has been incorporated in this report. Also, crucial information related to the region-wise and segment-wise analysis has been provided in the report that can benefit the readers and clients.

    In-depth insights encapsulated in the overview of this report offers perspectives on the current market scenario and growth patterns of the global market. In this section, the report provides important information related to the trends, restraints, and drivers that will influence growth of various segments in the market. In addition to the major factors influencing the global market growth, the report offers in-depth insights related to the cost structure, distributors, pricing analysis, and supply chains.

    Also, the report offers important information related to qualitative analysis in the major drivers and recent trends influencing global market growth. On the basis of valuable insights provided in this section of the report, distributors, manufacturers, and suppliers can develop informed strategies. Trade magazines and leading journals can also utilize insights offered in the report to their benefit.

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    Competitive Landscape

    Crucial information encapsulated in the competitive landscape section of the report offers detailed insights pertaining to the key players in the global market of vitamin and mineral premixes. This section of the report offers detailed insights related to the major strategies that the leading players are adopting, based on which the readers and clients can benefit and understand the influence of these strategies on the global market growth. On the basis of detailed insights offered in the report, clients and readers can formulated effective business strategies.

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    Research Methodologies

    In this section, the report provides perspectives and detailed insights derived through primary and secondary research techniques. Company press releases, interviews with the experts and influencers, industry databases, and investor briefings have been considered in the report before formulating predictions and conclusions. The report also provides quantitative analysis on the basis of extensive research techniques. In-depth insights encapsulated in the report allows the readers and clients to attain a deeper understanding of the growth patterns in global market and make better decisions.

    Scope of the Report

    Valuable insights offered in the report can be utilized by the readers and clients in various industries to their benefit. Based on the detailed insights offered in this report, new entrants in the global market can understand the current market scenario better, whereas the established firms in the global market can formulate strategies in pace with the recent trends. All in all, detailed insights and perspectives offered in the report can offer imperative information to the readers, investors, key players, and clients for developing effective strategies and better decisions.

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  • Functional Flour Market Outlook with Key Industry Manufacturers and Forecasts to 2025

    Global Functional Flour Market: Snapshot

    The research report on the global functional flour market examines the analysis and forecasts of the said market at both regional and global level. The study provides revenue projections in US$ Mn and volume projections in Kilo tons for the 2017-2025 period considering 2016 as the base year.

    An in-depth analysis of market dynamics include market drivers, restraints, and growth trends in the global functional food market. In addition, the report looks into opportunities in this market between 2017 and 2025. Market dynamics have extensive influence on growth, which help to understand ongoing trends in the market. Therefore, the report provides estimations of various parameters in the functional flour market, along with providing a satisfactory analysis of the said market.

    The research report provides market size value of the functional flour market in 2016 and uses it to provide estimations for the nine-year forecast period up to 2025. Included in the report is an analysis of key segments and their market size estimates over the forecast period until 2025. Market share and revenue contribution of key segments are provided that market stakeholders can leverage to gauge growth spaces.

    The report covers a detailed value chain analysis to shed light on demand supply dynamics in the functional flour market. Industry-best analytical tools have been used to provide insights on the competitive landscape of this market.

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    Global Functional Flour Market: Research Methodology

    The report employs bottom-up approach to present overall revenue estimates of the global market  for functional flour, split into regions. To begin with, volume and price estimates for every region in the functional flour market are presented herein. Revenue has been provided with the help of volume and price obtained for each region. Individual revenues by raw material, type, product type, and application have been aggregated to obtain the global revenue for functional flour.

    The report is prepared after an extensive research phase. The primary research phase involved reaching out to industry experts and opinion leaders to obtain their viewpoint on growth trends in the functional flour market. The secondary research phase involved tapping industry-centric databases for data collection. This includes trade associations, investor presentations, technical writings, broker reports, Internet sources, government websites, online paid databases, and trade associations. Employing this approach, the information contained in this report is reliable to a high degree.

    Market estimates presented in the study are based on revenue obtained through regional pricing trends. Demand for functional flour has been obtained by examining the regional and global demand for functional flour for key segments under each category. Estimates presented in the report have been based on the anticipated demand from functional flour applications.

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    The application analysis of the functional flour market has been obtained employing bottom-up technique for each regional market, and aggregating the estimates obtained for each regional market.

    Global Functional Flour Market: Competitive Dashboard

    The report presents valuable insights on the competitive dashboard of the functional flour market. It identifies leading companies and profiles them for distinguished business attributes. This helps readers to obtain a dashboard view of various points such as revenue, key developments, and presence in the global market. The competitive hierarchy helps assess competition in the market over a timescale.

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  • Global Energy Gel Products Market Growth Rate and Opportunities By 2028

    Global Energy Gel Products Market: Overview

    Energy gels are a convenient way to boost your carbohydrate intake during endurance exercise. Our word-famous energy gels are carefully designed to digest quickly and easily. Depleting your carbohydrate stores during exercise is one of the major causes of fatigue. Consuming additional carbohydrate during exercise is known to improve performance and delay the onset of fatigue. The energy gel formula enables the compound to empty the stomach quickly, so that no extra fluid is needed to dilute the gel. Energy Gels are highly practical and can easily be carried without filling them in bulky bottles.

    The global energy gel products market research report focuses on the global scenario and provides actionable insights on various aspects. This market study influences players with the help of strong data and statistical analyses and delivers an unbiased view worldwide.

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    Global Energy Gel Products Market: Drivers & Restraints

    The growth of the global energy gel products market is majorly propelled by escalation in demand for organic energy products. Further, the rapid growth in ecommerce is also augmenting growth in the market. The growth in this market is analyzed over various drivers, restrains and opportunities in this report.

    Increasing incidences of sedentary lifestyle and high pressure lifestyle globally are demanding the requirement of instant energy drinks to accomplish daily tasks. Therefore energy gel products are advantageous in getting instant energy for execution of intensive exercise and workouts, tremendously.

    All the brands that produce energy gels do not contain fats or protein, they contain complex carbohydrate compounds. Therefore, the global energy gel products market are gaining popularity among population, globally. Also, the availability of different flavors =supplement growth of the global energy gel products market.

    However, certain aspects such as high working population which decreases the scope of consumption of energy gel effecting the growth of global energy gel products market. Presence of cost- effective substitute products for energy gel impedes the market growth. Nevertheless, the growth of the global energy gel products market impacted various factors driving consumption in the global energy gel products market.

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    Global Energy Gel Products Market: Geographical Outlook

    Geographically, North America is expected to possess the largest share in the global energy gel products market. This region is projected to continue its dominance in the forthcoming years. However, Asia-Pacific is anticipated to showcase quick growth during the forecast years. This increase in demand has been recognized by rising awareness about energy products in emerging economies.

    Global Energy Gel Products Market: Competitive Landscape

    The key market players involved in the global energy gel products market include CarbBoom Energy Gel, Clif Shot Energy Gel, Honey Stinger Natural Energy Gel, GUEnergy Gel, and Getorade. The market is currently witnessing fierce competition among several leading players. The upcoming report aims to unveil their market shares, products, and geographical outreach, offers a detailed analysis of the various companies operating in the global energy gel products market.

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  • Allergen Free Food Market- Global Demand, Growth, Opportunities

    Global Allergen Free Food Market: Overview

    From 2019 to 2027, the global allergen free food market will grow at the back of numerous trends and drivers. As per Transparency Market Research, a string of opportunities will result from this growth. Additionally, it is worth noting here that over this period, the market would grow at a notable compound annual growth rate and that will pave way for higher valuation of the market.

    Some of the growth factors that are lining the market landscape include growing trend of veganism, increase in number of case of food allergies, growing awareness around the topic of food allergies, and so on. Additionally, it is also worth noting here that active measures taken by top market players will add to this growth.

    Global Allergen Free Food Market: Competitors Landscape

    A fragmented vendor landscape, global allergen free food market is quite competitive. It is pertinent to note here that more than 50 known players operate in the market, driving it forward in a major way. The many strategies that they use to maintain and increase their market share, consolidate their position, include a variety of strategies that fall on across a wide spectrum of organic and inorganic.

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    • Allergaroo
    • Arrowhead Mills
    • Birkett Mills
    • Earth Balance
    • Eden Foods
    • Edward & Sons
    • Ener-G Foods
    • Enjoy Life Foods
    • Ian’s Natural Foods
    • King Arthur Flour
    • Kinnikinnick Foods
    • Libre Naturals Inc.
    • Lundberg
    • Namaste Foods
    • Pacific Foods
    • So Delicious Dairy Free

    Some of the top strategies resorted to are product development, research and development, innovation, partnerships and collaborations, and so on. Prominent players are also looking forward to improving shelf life and bringing in efficiency to processes.

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    Global Allergen Free Food Market:  Key trends and driver

    Interplay of various trends and drivers is leading to growth in the global allergen free food market. These factors of growth that are keeping the market buoyant over the forecast period have been identified and explained in the upcoming market report prepared by Transparency Market Research. A synopsis of the same is provided below:

    • The world is witnessing demand for healthy foods. Demand for lactose and gluten-free food is increasing owing to growing awareness regarding intolerance and allergic reactions to these. Besides, growing trend of veganism is also contributing to growth.
    • Four out of every 100 children in the United States of America show signs of allergic reaction to some food item and this is leading to parents being cautious and looking for healthier alternatives for their child’s welfare. This is set to be a major growth propeller in the market over the forecast period.

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    Global Allergen Free Food Market:  Regional Analysis

    As per Transparency Market Research’s upcoming research report on global allergen free food market, the western regions will dominate the charts over the forecast period. One of the reasons behind this dominance is a large number of people having allergies and an ever increasing awareness regarding the same. In the United States of America alone, about 15 million people report allergy from certain food related items. And, it is quite pertinent to note here that 6 million cases here are those reported for children with these allergies. In Europe, the number of people with food allergies is 17 million. In Asia Pacific, increase in takers of veganism, will lead to growth in market for allergen free food.


  • Non-Dairy Creamer Fats Market to Grow at a Stayed CAGR by 2026

    Non-dairy creamer fats are the primary ingredients in the non-dairy creamers derived from hydrogenated vegetable oils. Manufacturers in the non-dairy creamer fats industry are using premium-grade fat replacers made using hydrogenated vegetable oils for non-dairy creamer applications. The availability of a wide range of fats with varying melting points provides an array of fat replacers as per the desired application. Hydrogenated vegetable oil is majorly utilized in the food processing industry, followed by the cosmetic & personal care industry and the pharmaceutical industry. In the food industry, hydrogenated vegetable oils are used widely for baking, pan-frying and deep-frying in processed foods, dairy and chocolate products. In the dairy sector, non-dairy creamer fats are used as substitute fats in coffee whiteners and skim milk powders.

    Globally, the market for non-dairy creamer fats is likely to be driven by the growing vegan population and the rising prevalence of lactose intolerance & milk allergies worldwide. Today, almost 70% of the world population is lactose intolerant and thus, the demand for plant-based fat ingredients is expected to increase during the forecasted period.

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    Non-Dairy Creamer Fats Gaining Traction alongside Demand for Natural Food Products

    Non-dairy creamer fats serve as the major ingredient in non-dairy creamers and the degree of hydrogenation alters some of the physical properties of these creamers, which define the overall taste & nutrient profile. The market for non-dairy creamers witnesses high demand from the HoReCa sector (Hotels, Restaurants, and Cafés) and residential end-use. The rising demand for non-dairy creamers has surged the demand for non-dairy creamer fats among manufacturers globally. Hydrogenated vegetable oils/fats or over here, non-dairy creamer fats are derived from varied plant-based sources and provide an edge over animal-based sources of fats for the vegan and lactose intolerant population worldwide.

    Global Non-Dairy Creamer Fats Market: Market Participants

    Some of the market participants in the global non-dairy creamer fats market identified across the value chain include Cargill Incorporated, Centra Foods, Parchem fine & specialty chemicals, Wilmar International Ltd., Archer Daniels Midland Company, Henry Lamotte Oils GmbH, Evonik Dr. Straetmans GmbH, Andritz Group and Interra International, among others.

    Robust research & development activities and participation in events are among the core strategies of manufacturers and are expected to influence the demand for non-dairy creamer fats from end-use industries.

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    Non-Dairy Creamer Fats Market: Market Player Activities

    • Interra International, a U.S.-based manufacturer, continuously focuses on participating in global-level events and exhibitions such as SIAL Paris, Gulfood, Anuga and many others, in order to expand its presence by strengthening its social network during the course of the event and displaying the product range to create awareness about its products. The company, at these events, exhibits its non-dairy creamer fats, i.e. the hydrogenated vegetable oils with various degrees of hydrogenation for varied applications

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    Opportunities for Market Participants

    The non-dairy creamer fats market is anticipated to be positively influenced by the manufacturers who are continuously expanding their global reach and footprint and targeting potential markets with end-user industries. Manufacturers in the non-dairy creamer fats market have an opportunity to form tie-ups and thereby enhance their business-to-business activities within the food processing industry where the potential customers are present.


  • Non-Dairy Creamer Fats Market to Grow at a Stayed CAGR by 2026

    Non-dairy creamer fats are the primary ingredients in the non-dairy creamers derived from hydrogenated vegetable oils. Manufacturers in the non-dairy creamer fats industry are using premium-grade fat replacers made using hydrogenated vegetable oils for non-dairy creamer applications. The availability of a wide range of fats with varying melting points provides an array of fat replacers as per the desired application. Hydrogenated vegetable oil is majorly utilized in the food processing industry, followed by the cosmetic & personal care industry and the pharmaceutical industry. In the food industry, hydrogenated vegetable oils are used widely for baking, pan-frying and deep-frying in processed foods, dairy and chocolate products. In the dairy sector, non-dairy creamer fats are used as substitute fats in coffee whiteners and skim milk powders.

    Globally, the market for non-dairy creamer fats is likely to be driven by the growing vegan population and the rising prevalence of lactose intolerance & milk allergies worldwide. Today, almost 70% of the world population is lactose intolerant and thus, the demand for plant-based fat ingredients is expected to increase during the forecasted period.

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    Non-Dairy Creamer Fats Gaining Traction alongside Demand for Natural Food Products

    Non-dairy creamer fats serve as the major ingredient in non-dairy creamers and the degree of hydrogenation alters some of the physical properties of these creamers, which define the overall taste & nutrient profile. The market for non-dairy creamers witnesses high demand from the HoReCa sector (Hotels, Restaurants, and Cafés) and residential end-use. The rising demand for non-dairy creamers has surged the demand for non-dairy creamer fats among manufacturers globally. Hydrogenated vegetable oils/fats or over here, non-dairy creamer fats are derived from varied plant-based sources and provide an edge over animal-based sources of fats for the vegan and lactose intolerant population worldwide.

    Global Non-Dairy Creamer Fats Market: Market Participants

    Some of the market participants in the global non-dairy creamer fats market identified across the value chain include Cargill Incorporated, Centra Foods, Parchem fine & specialty chemicals, Wilmar International Ltd., Archer Daniels Midland Company, Henry Lamotte Oils GmbH, Evonik Dr. Straetmans GmbH, Andritz Group and Interra International, among others.

    Robust research & development activities and participation in events are among the core strategies of manufacturers and are expected to influence the demand for non-dairy creamer fats from end-use industries.

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    Non-Dairy Creamer Fats Market: Market Player Activities

    • Interra International, a U.S.-based manufacturer, continuously focuses on participating in global-level events and exhibitions such as SIAL Paris, Gulfood, Anuga and many others, in order to expand its presence by strengthening its social network during the course of the event and displaying the product range to create awareness about its products. The company, at these events, exhibits its non-dairy creamer fats, i.e. the hydrogenated vegetable oils with various degrees of hydrogenation for varied applications

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    Opportunities for Market Participants

    The non-dairy creamer fats market is anticipated to be positively influenced by the manufacturers who are continuously expanding their global reach and footprint and targeting potential markets with end-user industries. Manufacturers in the non-dairy creamer fats market have an opportunity to form tie-ups and thereby enhance their business-to-business activities within the food processing industry where the potential customers are present.


  • Food Certification Market Estimated to Flourish by 2021

    The global demand for food certification is expected to reach new heights in the coming years.

    The concerns of the masses towards adulteration of food has increased the role of certification authorities. Packaged food has gained popularity in recent times, and a large population of people depends on it for their daily intake. Moreover, the use of packaged food in the restaurant business has also gathered momentum in recent times. Therefore, certification of food being sold in the marketplace has become a prerequisite to safer practices. It is expected that the global food certification market would grow at a stellar CAGR in the years to follow.

    The next decade would be crucial to the growth of the global food certification market. The focus of government authorities on ensuring food safety across their administrative territories has aided market growth. The World Health Organization (WHO) has also emphasized on the importance of using food certification for a healthier and hygienic food industry.

    Transparency Market Research (TMR) finds that the global food certification market would expand at a robust CAGR of 5.3% over the period between 2015 and 2021. The total volume of revenues in the global food certification market is expected to touch US$16.09 Bn by the end of 2021. The use of food certification trademarks on bottles of beverages and packaged food items has played a pivotal role in market growth.

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    Rice Exporters Under the Radar of Scrutiny

    The Export Inspection Council (EIC) in India made it mandatory for rice exporters to get food certifications prior to exports. This move has come as a welcome step for the global food certification market. Furthermore, India is amongst the largest exporters of food, and the new move shall have global implications. The total volume of revenues in the food certification market shall rise alongside tightening of measures to ensure food safety.

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    National-Level Initiatives for Food Safety

    Several countries have their distinct food certification authorities, and this is a key consideration from the perspective of market growth. In recent times, central governments have addressed the issue of food safety with a high level of scrutiny. Furthermore, the incidence of disease and death due to unhygienic food packaging has increased the concerns of the masses. Therefore, the total volume of revenues in the global food certification market is expected to reach new heights in the years to come. Food certification gives a level of confidence to the masses, and this has led food manufacturers take certification authorities very seriously. The sale of food products is directly proportional to the level of quality that is assured to the masses.

    Some of the key players in the global food certification market are SGS SA, Underwriters Laboratories Inc., Dekra SE, and ALS Limited.

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  • Global Plant Based Ingredients Market: Key Growth Dynamics

    Whole-foods and plant-based diets have generated groundswell of interest among people worldwide in past few decades. Vast purported benefits of plant-based ingredients and conscious shift from meat to vegan diet have been the key pivots galvanizing consumer interest in the plant-based ingredients market. A wide portfolio of plant-based ingredients and products that defy the conventional has emerged. Most notable of them are perhaps meat substitutes and diary substitutes.

    The plant-based ingredients market has further gained sizable momentum from the adoption of clean labelling by food manufacturers to attract public interest and drive consumer shift. Minimal processing, nutritional benefits, and environmental sustainability associated with plant-based ingredients are compelling propositions for their growing popularity. Plant-based ingredients are also picking up steam due to anti-inflammatory and ant-aging potential. Advent of specialty grains have opened new avenue in the plant-based ingredients market.

    Global Plant Based Ingredients Market: Notable Developments

    Food manufacturers of various stripes who are putting their bets on plant-based dairy and meat substitutes are benefitting from the advent of new formulations. A leading provider of high value-added specialty fats has recently (May 2019) launched a new portfolio of solutions to help manufacturers develop plant-based ingredients that can meet diversity of consumer demands. The new portfolio, called AkoPlanet, can help industry players create new formulation keeping in mind the needs of sustainability, nutrition, and health. The provider has also taken care to keep the raw materials meet the criterion of sustainable sourcing.

    With great-tasting meat alternative gaining traction in various developed as well as developing regions, such product development initiatives will get rebut fillip, thereby expanding the potential of the plant-based ingredients market.

    Another growth impetus to the plant-based ingredients market comes from growing funding to food manufacturers to help in capacity expansion. A recent case in point is a fresh seed rounding funding received by a start-up Spero Foods. The company has focused on consolidating its plant-based eggs and cheese. Growing popularity of egg and cheese replacements has endowed it with lucrative opportunities.

    Some of the companies seeking sizable stakes in the plant-based ingredient market are Naturex, Health Warrior, Dohler Group, Cargill, Roquette, and DuPont. 

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    Global Plant Based Ingredients Market: Key Growth Dynamics

    Popularity of Dairy-Free Food and Beverages reflects well on Overall Demand

    Plant-based ingredients are emerging as potential alternative to dairy products. Various types of base such as made almond, coconut, rice, and oats are used to make delectable beverages. A growing lactose-intolerant population is a significant trend bolstering the prospects of the plant-based ingredients market. This is evident in the popularity of plant-based desserts and fruit-infused drinks.

    Industry Efforts to enhance Nutritional Profile expands Potential 

    One of the key aspects of plant-based diets is their attractive nutritional profile, mainly due to high fiber content. Growing preference of people toward plant-based protein is boosting the demand in the plant based ingredients market. Advances in reformulation of plant proteins through including new sources also augurs well. Growing awareness of the wide spectrum of health benefits of protein-enriched foods most notably in managing chronic diseases is also propelling strides in the plant-based ingredients market. Growing shift toward food products that are gluten-free and GMO-free is likely to open new potential in the next few years. Plant-based ingredients find attractive potential in animal feed applications, increasingly adopted by farmers to improve the livestock health.

    Functional Food Manufacturers see Viable Revenue Streams 

    The plant-based ingredients market is expected to rise at attractive strides on account of rising demand for functional food products especially functional beverages. A burgeoning dietary supplements market in developing and developed regions of the world is also fueling prospects of the plant-based ingredients market. Adoption of label-friendly food options by functional food manufacturers also bolsters the prospect of the global plant-based ingredients market.

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    Global Plant Based Ingredients Market: Regional Assessment

    Geographically, parts of North America and Europe are contributing sizable revenue potential to the global plant-based ingredients market. Growing population of vegan and flexitarian diets in the region has also fueled copious interest in meat and dairy alternatives made by plant-based ingredients. Growing shift toward minimally-processed and organic food and the growing preference of sportspersons toward plant-based protein underpin the high potential of the regional market. Meanwhile, numerous economies of Asia Pacific are witnessing sizable demand for plant-based ingredients among health-conscious population. 

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  • North America Delivery and Takeaway Food Market - Competitive Analysis

    Global Delivery and Takeaway Food Market: Overview

    Food delivery refers to a courier service through which an independent food-delivery company, a store, a food joint or a restaurant delivers food to a customer. An order is made over phone, an App, or through food ordering company. Grocery items, desserts, drinks, sides, and entrees can all be delivered by this food delivery and takeaway service.  The global delivery and takeaway food market is likely to gather momentum from the growing prominence of this kind of services.

    The global delivery and takeaway food market is estimated to gather momentum from the ongoing novel coronavirus outbreak across the globe. As social distancing has been imposed to prevent spread of the virus, people are required to stay at home, which has made eating out with friends and family an unfeasible option right now. This is estimated to drive the demand for delivery and takeaway food services over this period of crisis.

    To deliver food, a person assigned with the task usually rides a motorbike or drives a car in urban areas and semi urban areas. In these areas, houses and apartments are close to each other, which make it easy for the delivery person to deliver items quickly. These services are also known as grab-n-go, carry-out or to-go, or take-out or takeout. Changes in the consumer eating habits together with change in demographics are estimated to bolster growth of the global delivery and takeaway food market in the years to come.

    Product type, food price range, distribution channel, and region are the four important parameters based on which the global Delivery and Takeaway Food market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global Delivery and Takeaway Food market.

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    Global Delivery and Takeaway Food Market: Notable Developments

    One of the developments that offer a glimpse of the market dynamics about the global Delivery and takeaway food market is mentioned below:

    • In March 2019, US-based McDonald’s Corporation (MCD) made acquisition of Dynamic Yield Ltd. The latter is a prominent company in personalization and decision logic technology.  With this acquisition, McDonald’s is expected to offer more personalized customer experience utilizing the technology of Dynamic Yield Ltd. Menu displayed at the digital Drive Thru exhibits food items based on current traffic at the restaurant, weather, trending menu items, and time of the day. This level of personalization is estimated to draw more customers and boost the sales of McDonald’s in the near future.

    Some of the prominent organizations in the global delivery and takeaway food market include the below-mentioned:

    • Domino’s Pizza Inc
    • Takeaway.com Holding B.V
    • Delivery Hero SE
    • Pizza Hut Inc.
    • Zomato Media Private Limited
    • Just Eat Holding Limited

    Global Delivery and Takeaway Food Market: Key Trends

    The global delivery and takeaway food market is characterized by the presence of the following restraints, drivers, and opportunities.

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    Increased Sale through On-trade Distribution to Drive Growth of the Market

    A rise in online shopping due to the hectic schedule and busy lifestyle of people is expected to drive the demand for food delivery through online platforms. In addition, quick access to smartphones, easy e banking systems, and augmented online penetration is likely to pave way for rapid growth of the global delivery and takeaway food market over the tenure of assessment. Online ordering facilities have benefitted meal chains through offering of enhanced security, suitability, transparency, and enhanced selections.

    Online orders received through mobile phones offers hassle-free and secured options of payment and this facility also offers the option to order from local food joints and takeaways, which plays a role in boosting the revenue of local food business. In addition to ordering food, these facilities also offer options of real-time tracking, lodging complaints, providing feedback, and food suggestions based on one’s past orders. All these factors are estimated to play an important role in driving the growth of the global delivery and takeaway food market over the timeframe of analysis.

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    Global Delivery and Takeaway Food Market: Geographical Analysis

    North America is estimated to be one of the prominent regions in the global delivery and takeaway food market and the region is likely to retain its prominence over the period of assessment. Hectic lifestyle of people coupled with presence of several market vendors in the region is estimated to drive the growth of the market in the region. Besides, aggressive marketing strategies to induce consumers in ordering food over phone, websites, and apps are likely to widen the scope of the market.

    Asia Pacific is another rapidly growing region in the market due to growing disposable income of the people. Increased awareness about the convenience of ordering food online and ease of use of such apps is expected bolster growth of the Asia Pacific market.


  • Craft Beer Market - Size, Future Scope, Demands

    Global Craft Beer Market: Overview

    A microbrewery or a craft brewery refers to a brewery that makes beer in small quantities. Beer produced in microbreweries is much smaller in scale as compared to corporate breweries and independent individuals own those breweries. Such breweries are usually known for their high quality beer with excellent flavor and they are also characterized with their brewing techniques. The global craft beer market is expected to be driven by the increasing demand for the product in different parts of the world, such as in countries like Brazil, New Zealand, Australia, and South Africa. The changing preference of consumers toward alcohol by volume (ABV) and flavored beer is likely to expand the growth of the global craft beer market in the years to come.

    The rising awareness amongst the consumers regarding the availability of wide range of styles and flavors of the craft beer together with low alcohol by volume percentage is likely to propel growth of the global craft beer market in the years to come. Furthermore, there has been a shift in consumer preference, which is more inclined toward regular beer now. Nevertheless, there has been an advancement in the process of brewing and there is more utilization of high quality raw material, which has bettered the overall quality of the finished product. This factor has garnered the attention of customers, which is likely to bolster growth of the global craft beer market in the years to come.

    Product type, distribution channels, age group, and region are the four important parameters based on which the global craft beer market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global craft beer market.

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    Global Craft Beer Market: Notable Developments

    One of the developments that offer a glimpse of the market dynamics about the global craft beer market is mentioned below:

    • In February 2018, Belgium-based leading producer of beer Anheuser-Busch InBev SA/NV or AB InBev, introduced Lisa, premium Italian beer, in the UK. The product comes with the flavor of honey balanced with a clean, dry finish or soft bitterness. Such innovative products are likely to diversify the product portfolio of the company and widen its reach.

    Some of the prominent organizations in the global craft beer market include the below-mentioned:

    • Sierra Nevada Brewing Co.
    • The Gambrinus Company
    • Stone & Wood Brewing Co.
    • The Boston Beer Company
    • Anheuser-Busch InBev,
    • The Lagunitas Brewing Company

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    Global Craft Beer Market: Key Trends

    The global craft beer market is characterized by the presence of the following restraints, drivers, and opportunities.

    Increased Sale through On-trade Distribution to Drive Growth of the Market

    The global craft beer market is likely to be influenced by its rising sale through on-trade distribution. This type of distribution channel refers to the sale of alcoholic drinks in pubs, clubs, restaurants, bars, and various other distribution channels in the hospitality sector. The on-trade craft beer is usually costlier than the ones found on off-trade distribution. The off-trade distribution refers to the sale of beer through online store, wholesalers, and retail stores. The sale of craft beer through on-trade distribution platforms is likely to observe considerable growth in developed countries as these beers are costly and people in developed countries are willing to pay more for these premium products. Sale through off-line platforms are likely to witness growth in the developing countries due to the medium to low spending power of the people in the region.

    People these days mostly opt for low alcohol by volume beverages. There has been a rising preference for the low-alcohol or no-alcohol beverages amongst the health conscious people. Besides, now there is an increased availability of a wide variety of products with varied tastes, such as ciders and low alcohol beers, which is likely to influence the expansion of the global craft beer market in the years to come. Besides, there has been an emerging trend of consumers willing to try out new flavors, which is likely to augur well for the market in the times to come.

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    Global Craft Beer Market: Geographical Analysis

    Driven by India and China, Asia Pacific is likely to experience development in the global craft beer market over the period of assessment. Increasing demand for beer together with the disposable income of the people is likely to add to the growth of the craft beer market in Asia Pacific. Expansion of activities of the major companies in the Asia Pacific region has led to a rise in the number of craft breweries in the region. Rapid urbanization of the Asia Pacific is likely to amplify growth opportunities for the craft beer market in the region.

    In the Europe craft beer market, various countries such as Sweden are likely to observe growth over the period of forecast. Major companies are planning expansion in Europe due to rising demand for craft beer in the region, which is likely to play an important role in the growth of the craft beer market in the region in the years to come.


  • Hemp Protein Market Share, Trends, and Opportunity Analysis by 2027

    Hemp protein is one of the industrial by-products of hemp seeds and is very widely used in the production of various protein-enriched foods, and protein supplements. Hemp seeds approximately contain 35% protein, 10% carbohydrates and 45% of oil.  Hemp plants can be cultivated very easily they do not require any other fertilizers, pesticides or herbicides apart from that they also absorb the atmospheric carbon dioxide. Hemp protein is the best substitute for meat and has 9 vital amino acids that make it a complete plant-protein source for those who follow a vegetarian or vegan diet. Hemp protein has the same amount of protein as compared to lamb or beef products. Hemp protein is being very widely used in various sectors like food, cosmetics, beverages, pharmaceuticals, nutraceuticals, and personal care industries.

    The major players of the food & beverage industries are constantly targeting the recent consumer trends in food consumption based on the hemp protein to develop them as prominent players in their domestic as well as international markets. The growing exports and imports of hemp are stimulating the growth of the hemp protein market. North America followed by Western Europe has very strong market demand for the hemp protein. Though the Asia-Pacific region has the fastest developing hemp protein market due to the rising demand for hemp protein from India, China, and other Asian countries. Prominent players in the hemp protein market are aiming at emerging countries for their business expansion.

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    Rise in Protein Requirement among Vegetarians and Vegans has Resulted in Demand for Hemp Protein to Grow

    Hemp protein is a one of the plant-based product, hence, vegetarians, as well as vegans are opting it for the protein alternatives for the proteins derived from meats, dairies such as casein and whey and eggs. The market demand for hemp protein is also driven by the lactose intolerant population as it is free from lactose or also by the consumers who are allergic to peanuts, soybeans, and other legumes. There are several applications of hemp protein in food, cosmetics, nutraceuticals, pharmaceuticals, and the beverage sector has directed to the development of the global hemp protein market. The demand for hemp protein is higher in the food & beverage industry due to its high fiber content. The hemp protein has also various health benefits due to which its demand is increasing in pharmaceutical industries. The cosmetic industries are also boosting the market for hemp protein because of the essential amino acid content as well as fibers that are the main ingredient for skin and hair products.

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    Hemp Protein Market: Regional Analysis

    The hemp protein has a higher consumer base in North America and Europe. This due to the increasing vegan population as well as high protein alternative demand.  Apart from that the Asia Pacific region has the growing market for hemp protein and is anticipated to grow in the forecasted period. Hence, the manufacturers should focus on developing countries like India, and China among other countries to increase their regional footprint in the global hemp protein market.

    Hemp Protein Market: Key Participants

    Key players in the global hemp protein market are:

    • Hemp Oil Canada
    • Navitas Organics
    • Hempco Canada Superfoods Inc.
    • North American Hemp & Grain Co
    • Chii Hemp Industries Inc
    • Manitoba Harvest Hemp Foods
    • Z-Company BV
    • Bioriginal Food & Science Corp
    • Green Source Organic
    • GFR Ingredients Ltd.

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  • Hemp Protein Market Share, Trends, and Opportunity Analysis by 2027

    Hemp protein is one of the industrial by-products of hemp seeds and is very widely used in the production of various protein-enriched foods, and protein supplements. Hemp seeds approximately contain 35% protein, 10% carbohydrates and 45% of oil.  Hemp plants can be cultivated very easily they do not require any other fertilizers, pesticides or herbicides apart from that they also absorb the atmospheric carbon dioxide. Hemp protein is the best substitute for meat and has 9 vital amino acids that make it a complete plant-protein source for those who follow a vegetarian or vegan diet. Hemp protein has the same amount of protein as compared to lamb or beef products. Hemp protein is being very widely used in various sectors like food, cosmetics, beverages, pharmaceuticals, nutraceuticals, and personal care industries.

    The major players of the food & beverage industries are constantly targeting the recent consumer trends in food consumption based on the hemp protein to develop them as prominent players in their domestic as well as international markets. The growing exports and imports of hemp are stimulating the growth of the hemp protein market. North America followed by Western Europe has very strong market demand for the hemp protein. Though the Asia-Pacific region has the fastest developing hemp protein market due to the rising demand for hemp protein from India, China, and other Asian countries. Prominent players in the hemp protein market are aiming at emerging countries for their business expansion.

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    Rise in Protein Requirement among Vegetarians and Vegans has Resulted in Demand for Hemp Protein to Grow

    Hemp protein is a one of the plant-based product, hence, vegetarians, as well as vegans are opting it for the protein alternatives for the proteins derived from meats, dairies such as casein and whey and eggs. The market demand for hemp protein is also driven by the lactose intolerant population as it is free from lactose or also by the consumers who are allergic to peanuts, soybeans, and other legumes. There are several applications of hemp protein in food, cosmetics, nutraceuticals, pharmaceuticals, and the beverage sector has directed to the development of the global hemp protein market. The demand for hemp protein is higher in the food & beverage industry due to its high fiber content. The hemp protein has also various health benefits due to which its demand is increasing in pharmaceutical industries. The cosmetic industries are also boosting the market for hemp protein because of the essential amino acid content as well as fibers that are the main ingredient for skin and hair products.

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    Hemp Protein Market: Regional Analysis

    The hemp protein has a higher consumer base in North America and Europe. This due to the increasing vegan population as well as high protein alternative demand.  Apart from that the Asia Pacific region has the growing market for hemp protein and is anticipated to grow in the forecasted period. Hence, the manufacturers should focus on developing countries like India, and China among other countries to increase their regional footprint in the global hemp protein market.

    Hemp Protein Market: Key Participants

    Key players in the global hemp protein market are:

    • Hemp Oil Canada
    • Navitas Organics
    • Hempco Canada Superfoods Inc.
    • North American Hemp & Grain Co
    • Chii Hemp Industries Inc
    • Manitoba Harvest Hemp Foods
    • Z-Company BV
    • Bioriginal Food & Science Corp
    • Green Source Organic
    • GFR Ingredients Ltd.

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  • Pet CBD Market Set to Witness Huge Growth by 2027

    Global Pet CBD Market: Overview

    A stellar compound annual growth rate and an increased market worth is set to be witnessed in the global pet CBD market over the period of 2019 to 2027. This will propel creation of fresh growth opportunities for companies in its vendor landscape. Several trends are impacting the trajectory in a positive way, foremost among which are increase in pet ownerships and pet humanization.

    Global Pet CBD Market: Competitors Landscape

    Numerous medium and small sized companies operate in the niche market space of pet CBD. Most of these account for a small market share. However, there are bigger players such a Mars Inc. and Nestle Purina, which provide some degree of consolidation in the market. Together, these players are directing efforts towards increasing sales and revenue by trying to tap into new regions and consumer-bases.

    Companies in the global pet CBD market that are well-known and proactive include the following:

    • Canna-Pet
    • Choom Holdings Inc.
    • Receptra Naturals
    • Curaleaf
    • Trulieve Cannabis Corporation
    • Pure Spectrum
    • Cannabis Strategies Acquisition Corp.
    • Pet Releaf, Diamond CBD Inc.
    • PotNetwork Holdings Inc.
    • Kat’s Naturals
    • Bluebird Botanicals

    Players in the global pet CBD market are proactive and opting for strategies such as acquisitions and collaborations. These can lead to deep penetration in the market, consolidated position, and better grasp on market share. Product improvement and portfolio diversification are also significant factors of growth. Players such as Nestle Purina are also eyeing the CBD dog food market share.

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    Global Pet CBD Market:  Key Trends and Drivers

    Pet companionship is increasing world over and this is set to contribute heavily to growth in the market. There are various other major and minor growth factors set to push the market upward over the forecast period. The upcoming report on global pet CBD market, prepared by Transparency Market Research, delves into these trends and drivers in great detail. A glimpse is provided below:

    • Organic products are gaining traction world over and healthcare industry for pets is no different. Therefore, an increase in demand for plant based supplements, medicine, food, and so on is noted. This is set to drive the global pet CBD market upward.
    • Pets are humanized and the trend is catching on with people like wildfire. One of the biggest reasons behind this is that they act as therapy aids. And, as mental issues crop up, demand for pet adoption will grow. This is set to drive market for pet CBD higher up on a steady trajectory as various ailments suffered by these pets will need appropriate treatment.

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    Global Pet CBD Market:  Regional Analysis

    North America will be a dominant region in the global pet CBD market, topping the charts for market share as well as growth rate. Presence of a large number of animal research and development centers is one of the biggest factors over the forecast period. Others include high adoption of companion animals noted in this region. A high disposable income allows for treatment of pets for diseases such as cancer, anxiety and seizures. This is also an outcome of growing trend of pet humanization. One of the largest contributors of growth in the region will be United States of America. Major players in the region such as Joy Organics, Green Roads of Florida, HempMy Pet, Fomo Bones, Canna Pet, and Pet Relief are contributing to growth.

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  • Agave Syrup Market Size, Growth, Demand, Opportunities and Forecast 2020 - 2030

    The agave syrup is produced from the agave nectar, a sweetener that is naturally produced and commercially extracted from many agave species, such as Agave salmiana and Agave tequilana.  The syrup derived from the agave is smoother and sweeter than the honey. Agave is an organic sweetener that has been used as a sugar substitute for several years. The syrup is made up of two sources of vitamins, such as vitamin B and vitamin C, which are lacking in sugar. Owing to the flavouring and sweetening properties of agave syrup, it is commonly used in the manufacture of tequila.

    Agave syrup expected to see profitable opportunities across globe as a result of growing demand for clean label products. The growing demand for bakery products, such as coffee cakes, waffles, pancakes, bread rolls and others, is a key driver for the growth of the agave syrup market.

    Business prospects for agave syrup are rising as a result of the growing bakery industry. Agave syrup is a great source of several nutrients, such as manganese, potassium and calcium, which is extremely used in the food sector.

    The use of agave syrup as a sweetener has also raised its demand and use. The use of agave syrup adds sweetness to food products, and powdered agave sugar is also commonly used as a topping for coffee cakes, oatmeal, crumb cakes & others. Developments are being made by the manufacturers of agave syrup in order to offer consumers with healthier options by having a wide variety, thus increasing the awareness of the product. Thus, the agave syrup market will experience robust market growth over the forecast period

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    Due to a change in customer preferences for natural and healthier products, demand for products such as natural sweeteners, including agave syrup, is growing at a very high rate

    Increasing health issues related to poor dietary choices and growing health concerns among consumers is pushing consumers towards preventive healthcare. Owing to a shift in customer preference for natural and healthier products, demand for items such as natural or organic and clean label products is growing at a rapid pace especially in the U.S. and European markets. The increasing demand for natural sweetener is thus anticipated to be a key driver of the use of agave syrup.

    Increasing consumer awareness about health benefits of products that contain organic ingredients including agave syrup and massive support from key industry participants for the production of these products is important factor in increasing the market for clean label ingredients such as those manufactured without the use of chemicals, additives and artificial ingredients. Consumers opt for clean labelling products. The increase in demand for transparency and rising lifestyle diseases has increased the demand for food labels. Therefore, the producers focus specifically on the label claims and the agave syrup present as a very striking product with these claims.

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    Global Agave Syrup Market: Key players

    Some of the key players operating in the agave syrup market including, Wholesome Sweeteners, Dandy Lions, Pura Foods Ltd., Maretai Organics, Malt Products Corporation, The Groovy Food Company, Sisana Sweetener, Steviva Ingredients, Nekutli Agave Nectar, Madhava Sweeteners, Dipasa USA & others.

    • In 2017. Hain Celestial Inc., acquired CLARKS UK Ltd., a maple syrup and natural sweetener brand in the United Kingdom. The strength of the Clarks brand puts Hain Celestial Inc., in a strong position to capitalize on the growing consumer trends toward more natural and healthier foods.

    Global Agave Syrup Market: Regional Analysis

    Asia Pacific is anticipated to dominate the agave syrup market, which is followed by Western Europe & North America. Increasing demand for a natural flavouring agent for many types of food products, growing demand end-user industries, and rising population are factors attributing to the growth of the agave syrup market in the Asia-Pacific region. Besides, increased acceptance of RTD beverages in developing countries, specifically in the European and Asia Pacific regions, has boosted growth for agave syrup market in these regions.

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