Thursday 25 May 2017

Global Potato Chips Markets Influenced by Changing Lifestyle and a Growing Popularity Among Adolescents

Global potato chips market is growing on account of increasing popularity among the consumers, especially the adolescents. Apart from this, the introduction of new flavours of potato chips has also helped in widening the market for potato chips around the globe.


The latest report by IMARC Group titled, “Potato Chips Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” finds that the global potato chips market has grown at a CAGR of 4% during 2009-2016, reaching a value of US$ 27 Billion in 2016. Potato chips are made from the sliced potatoes that are either deep fried, baked, kettle-cooked, or popped until they turn crunchy. After the chips are cooked, salt or other flavourings and ingredients including herbs, additives, spices, cheeses, etc. are added. These chips are served as a snack, side dish and appetizer. Nowadays, new flavours of potato chips are also introduced by manufacturers so as to expand the consumer-base in the emerging markets. According to the report, the market is further expected to reach a value of more than US$ 33 Billion by 2022, growing at a CAGR of 3.7% during 2017-2022.

Potato chips are one of the most favourite snack foods consumed worldwide on account of their affordability and easy availability. The potato chips market has witnessed a substantial growth over the last several years, turning it into a multibillion dollar market. They are popular among all age groups, however, the young population (below 15 years) represents a key segment for potato chips. This population is expected to expand by around 10% during 2017-2050 which will further drive its demand. Another major factor driving the global demand for potato chips is changing lifestyles. A busy lifestyle coupled with long working hours have reduced the tendency of people to have elaborate lunches and meals and at the same time increased their demand for a desk meal and packaged foods. Other factors like increasing urbanisation, rise in disposable incomes and growth in the emerging markets are also expected to propel the growth of this market.


The report evaluates the consumption trends of potato chips around the globe. According to the findings of the report, some developed markets have reached maturity with many of them experiencing negative growth rates as a result of various factors. In emerging markets such as Asia-Pacific, Middle-East, Eastern Europe etc., on the other hand, the potato chips market is expected to exhibit healthy growth rates on account of shifting consumption patterns and increasing disposable incomes. Currently, the United States dominates the global potato chips market followed by Western Europe, Asia-Pacific and Other Europe. The report further makes an analysis of the competitive landscape of the market. The major player in the market is PepsiCo, accounting for the majority of the global shares.

The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the potato chips market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. It also offers SWOT, Value Chain and Porter’s Five Forces analysis and regional segmentation followed by an analysis of the competitive landscape. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the potato chips industry in any manner.

Browse more reports related to food & beverages industry: http://www.imarcgroup.com/categories/food-beverages-market-reports
 
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.

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IMARC Group
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Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
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Friday 5 May 2017

Global Cassava Starch Market Expected to Reach 7.2 Million Tons by 2022, Driven by Growing Demand for Food and Industrial Applications

Cassava has a high concentration of starch and is relatively cheaper than other sources. The growing demand for cassava starch for food and industrial applications is expected to drive the global cassava starch market with the global production projected to reach a volume of 7.2 Million Tons by 2022.

IMARC Group’s latest study “Cassava Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022” provides an in-depth analysis of the global cassava starch market. Cultivated in around a hundred countries worldwide, cassava (Manihot esculenta) represents one of the most popular staples in the tropical region. It is a relatively cheap raw material for starch production and has a higher concentration of starch as compared to other starch sources such as rice, sweet potato, wheat and maize. Furthermore, it has a high level of purity, excellent textural and thickening properties and a neutral taste.


Cassava starch can be easily extracted using a simple process which can be carried out on a small scale with limited capital. As a result of its ease of production and numerous physical and chemical properties, cassava starch is used in a number food and industrial processes. According to the report, the global cassava starch market reached a volume of 6.6 Million Tons in 2016, growing at a CAGR of around 2% during 2009-2016.

As a result of its thickening, moisturising, texturizing, pasting, water absorption, water binding and dough mixing properties, starch finds numerous uses in the food industry. It is used in the production of sweeteners, confectioneries, lysine, bakery products, sago pearls, canned foods, jams, preserves, MSG, noodles, etc. It is also used in the production of dextrose and caramel. Cassava starch is preferred in the adhesives industry as it helps in producing more viscous adhesives that provide stable glues and work more smoothly. It also finds applications in the modified starch, textile, pharmaceuticals, detergents, plastics, plywood and paperboard industries. The growing demand for cassava starch products for food and industrial applications has directed the global attention towards the cassava starch market. As a result, this market is projected to reach a volume of 7.2 Million Tons by 2022.


On the basis of aforementioned applications, the report has segmented the market into sweeteners, textile, modified starch, paper, sago pearl and MSG/Lysine. Sweeteners currently represent the largest consumer of cassava starch accounting for the majority of the total global consumption. The report has further analysed the market region-wise. Currently, Asia represents the largest producer of cassava starch accounting for the majority of the total global production. Within Asia, Thailand and Indonesia account for around half of the production value. The report has also analysed the competitive landscape of the report covering the key global players currently operating in this market.

The report provides a comprehensive analysis for setting up a cassava starch processing plant. The study covers all the requisite aspects of the cassava starch market and provides an in-depth analysis of the 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 cassava starch market manner.

Find more reports related to Food & Beverages Market Research Reports @ http://www.imarcgroup.com/categories/food-beverages-market-reports

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
USA: +1-631-791-1145
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Thursday 4 May 2017

Global Pulses Market Driven by their High Nutritional Value and Changing Dietary Habits

According to the latest report by IMARC Group, “Pulses Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global pulses market reached a volume of 82.1 Million Tons in 2016, growing at a CAGR of around 3.6% during 2009-2016. Pulses form an essential part of a balanced diet as they are rich in vitamins, minerals, proteins and dietary fibres. They help in lowering blood cholesterol, reducing blood glucose, improving digestion and in fighting certain non-communicable diseases such as diabetes, cancer, cardio-vascular diseases, etc.

Get Sample of The Report:http://www.imarcgroup.com/request?type=report&id=654&flag=B


Driven by higher consumption, their demand has increased rapidly in the past decade, particularly in the developing countries as a result of rising population, improving living standards and changing dietary patterns. Moreover, growth in organised food retail, increasing demand for ready-to-eat foods and taste enhancing products are also stimulating this market’s growth.

The report has segmented the global pulses market on the basis of the types. Currently, chick peas represent the most extensively produced pulses across the world. They are followed by kaspa peas, lentils, pigeon peas, fava beans, black gram and mung beans. The report has further segmented the market on the basis of the end-use industries. The majority of the pulses produced worldwide are sold at retail stores for direct human consumption. The snack food industry remains the second largest consumer of pulses followed by the flour industry. The report has also segmented the global pulses market on the basis of region. India represents the biggest producer of pulses, accounting for more than one-fourth of the total global production. India is followed by Canada, Myanmar, China and Brazil. The report also finds that this market is highly unorganised worldwide, especially in the top pulses producing countries such as India.


The report gives a detailed roadmap for starting a pulses processing plant. The study, done by one of the leading research and advisory firms, covers all the requisite aspects of the global pulses market. This ranges from a comprehensive view of the market to minute details of the industry performance, processing & 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 pulses industry in any manner.


Find more reports related to Food & Beverages Industry @ http://www.imarcgroup.com/categories/food-beverages-market-reports

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
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

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