Wednesday 16 November 2016

Global Black Gram Market Bolstered by Numerous Health Benefits and Wide-Ranging Applications in the Food Industry


High nutritional value and numerous health benefits of black gram have led to its augmented demand across the world. Rising population, increasing disposable incomes, growing health consciousness among consumers, healthy lifestyles and growing demand particularly in emerging countries are some of the factors that are currently fostering the growth of the global black gram market.
A recently released report by IMARC Group titled “Black Gram Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” extensively discusses the global black gram market. Popularly known as black lentil, black grams are a kind of lentils which are little black seeds with a white interior. These beans contain a high concentration of an antioxidant namely anthocyanin which is responsible for their dark hue. Black grams belong to Asiatic Vigna group and are cultivated mostly in South Asian countries. Falling under the category of warm-season crops, these beans grow best in loamy soil.
Today, black grams represent a significant part of a healthy diet due to their high levels of nutritional content, dietary fibre, proteins and vitamins. The report cites several factors that have led to an increase in the consumption of black gram in the past few decades. The flour and the fractions of the split black gram have now found increasing applications in a variety of industries like batter and breading, bakery, beverages, meat and snack food industry. In addition, they also find wide applications in taste and aroma enhancing products such as soups, sauces, dips and spreads. Moreover, the fact that they are a cheaper source of protein and energy has led to their augmented demand. Some of the other factors such as rising population, increasing disposable incomes, growing health consciousness among consumers, healthy lifestyles and growing demand particularly in emerging countries are currently fostering the growth of the global black gram market. IMARC Group estimates suggest that the market is expected to grow at a CAGR of around 3.6% during 2016-2021 reaching a volume of 3.3 Million Tons by 2021.
The report provides a detailed segmentation of the global black gram market by its major regions. India, currently represents the world’s largest producer of black gram accounting for the majority of the global production. India is followed by Myanmar and Pakistan. The report also provides a detailed value chain analysis of black grams. This encompasses the entire activities in the value chain such as cultivation, procurement, processing, sales and distribution.
The report also provides a comprehensive analysis for setting up a black gram processing plant. The study covers all the requisite aspects of the black gram industry and provides an in-depth analysis of the market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the black gram industry in any manner.
Enquiry for sample report or more details, click here: http://www.imarcgroup.com/enquiry-form/
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
Tel: +91-120-415-5099
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Global Fava Beans Market Driven by Nutritional Benefits and Growing Health Consciousness


Growing health consciousness and nutritional benefits of fava beans among the consumers has led to its augmented demand. Factors such as increasing population, rising disposable incomes, adoption of healthier food habits, growing intake of legumes and growing demand particularly in the developing countries are currently stimulating the growth of the global fava beans market.
 A recently released report by IMARC Group titled Fava Beans Market – Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” provides a deep insight into the global market for fava beans. Fava beans are also called broad beans and belong to the pea family which were first found to be cultivated around 10,000 years ago in the Middle East. Usually planted as a winter annual in subtropical areas, fava beans can grow in a wide variety of soil types but grow best in loamy soil. They serve as an important source of nutrition and are rich in protein, potassium, magnesium, selenium, iron, zinc and copper. However, protein levels in fava beans may vary depending on their variety and the environmental conditions. In comparison to most legumes, fava beans are also relatively low in fat with a good amount of dietary fibre and B-complex vitamins. Apart from nutritional benefits, fava bean also help to prevent and combat various health diseases such as Parkinson’s disease and dopamine responsive dystonia disorders.
Currently, fava beans are extensively used in ready to eat foods as well as in taste and aroma enhancing products such as dips, spreads, soups, sauces, etc. Moreover, the flour and the fractions of split fava beans find applications in a variety of industries like bakery, batter and breading, beverages, meat and snack food industry. The report also cites several factors that are currently stimulating the growth of the global fava beans market. Growing health consciousness and health benefits of fava beans among the consumers have led to a rise in the global demand for fava beans. Other factors such as population growth, rising disposable incomes, adoption of healthier food habits, increasing intake of legumes and growing demand particularly in the South Asian countries such as India, Pakistan, Sri Lanka and Bangladesh are currently driving the growth of the fava beans market. Estimates by IMARC Group suggest that the global fava beans market is expected to grow at a CAGR of around 0.7% during 2016-2021, reaching a volume of 4.8 Million Tons by 2021.
The report has segmented the global fava beans market according to its key regions. Currently, China represents the largest producer of fava beans and accounts for nearly 40% of the total global production. China is followed by Ethiopia, Australia, France, Morocco, Egypt, United Kingdom, Germany, Peru and Italy. Among the top exporting countries, Australia represents the biggest exporter of fava beans accounting for more than 40% of the total global export volumes. Australia is followed by France, United Kingdom, Ethiopia, the United States, Egypt, China, Canada, Lithuania and Latvia.
This report provides a comprehensive analysis for setting up a fava beans processing plant. The study covers all the requisite aspects of the fava beans industry and provides an in-depth analysis of the market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the fava beans market in any manner.
Enquiry for sample report or more details, click here: http://www.imarcgroup.com/enquiry-form/
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
Tel: +91-120-415-5099
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Tuesday 15 November 2016

Global Pet Food Market Driven by Increasing Preference Towards Nutritious and High-Quality Products

Throughout the history, animals have been domesticated as helpers, companions and status symbols. The global pet population has been increasing steadily over the years as a result of smaller families, ageing population, hectic lifestyles and growing urbanisation. People now turn to animals for companionship and treat their pets as family members. The trend of pet humanization has led to human-like services and goods being produced for animals which range from food to drugs. Pet owners have started to pay close attention to the food that they are giving to their pets in particular, worrying about the nutritional value and taste of the food. Pet owners are willing to pay more money for better quality and nutrition. As a result of these factors, the global pet food market has been witnessing a strong growth, reaching sales worth US$ 84.9 Billion in 2015, growing at a CAGR of more than 5% during 2008-2015.

The global pet food market is further expected to grow at a CAGR of nearly 5% reaching values worth US$ 113 Billion by 2021. The growing instances of pet diseases such as arthritis, diabetes, high blood pressure and obesity are expected to drive pet owners towards better and high-quality pet food leading to premiumisation, increase in variety and improvement in quality. 


Dog food leads the global pet food sales

Different kinds of animals are preferred by people depending on their dispositions and surroundings. Some of the most popular kind of pets include – dogs, cats, small mammals (such as rabbits, hamsters, Guinea pigs, rats, mice, chinchillas, etc.), fishes, birds and reptiles. These different kinds of pets have varied food requirements which have led manufacturers to produce a number of pet food varieties depending upon the pet species. 

Dogs are one of the most popular pets worldwide. As there is a great variety of sizes and breeds of dogs and as dogs tend to eat more depending on their size, they have a huge variety of food products and have a large share in the global pet food sales. Currently, dog food accounts for more than half of the total global pet food sales. Dog food is followed by cat food and food for other animals, which includes – bird food, fish food and small mammal/reptile food.

The United States dominates the global pet food market

As the United States has one of the largest pet population, it contributes the most to the global pet food sales. Currently, it accounts for more than a quarter of the total global sales. The United States is followed by Brazil, Japan, United Kingdom, France and Germany.

Mars Petcare Inc. represents the largest pet food manufacturer globally accounting for more than a quarter of the total sales. Other major pet food companies include – Hill’s Pet Nutrition, Nestle Purina Petcare and Big Heart Pet Brands.


About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the pet food industry, which has enabled the clients to successfully set up and expand their businesses. Some of the company’s offerings include:

Market Research
Plant setup
Plant Expansion
Marketing and sales
Procurement and Distribution
Innovation and Product Development

For more information, please visit: http://www.imarcgroup.com