Global Corn Glucose Market Share, Size , Price Trends and Forecast 2017-2022

Corn glucose is used in a wide range of food products, beverages, and tonics and syrups as a sweetener, thickener and a humectant which helps in providing enhanced taste, volume and texture. This has provided impetus to the global corn glucose market, as a result of which it is expected to reach a volume of nearly 4 Million Tons by 2022.

The latest report by IMARC Group titled, “Corn Glucose Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global corn glucose market reached a volume of around 3.5 Million Tons in 2016, representing a CAGR of 1.2% during 2009-2016. Corn glucose, also known as glucose syrup and confectioner's glucose, is a type of food syrup made from the hydrolysis of starch. In the United States, corn is the primary source of the starch, therefore it is called ‘corn syrup’.  However, it is also made from potatoes and wheat, and sometimes barley, rice and cassava as well. Corn glucose contains more than 90% glucose but syrups which are used in making confectionery products contain different amounts of glucose, maltose and higher oligosaccharides.

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Highlights of the global corn glucose market:

• The market is driven by its uses in the medical, and food and beverage industry.
• China represents the largest market for corn glucose.
• The market is expected to reach a volume of around 4 Million Tons by 2022.

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The market for corn glucose is growing as a result of thriving food and beverage industry where corn glucose serves as an affordable and easily accessible ingredient.  It is frequently used as a thickener, sweetener and humectant (an ingredient that retains moisture and helps in maintaining food's freshness), particularly in commercially prepared foods and confectionery. As a result of these properties, it aids in enhancing the flavour and texture, prevents crystallization of sugar, and adds volume to the food products. Some of the food products which are made using corn syrup include dairy desserts, biscuits, pastries, cereals, ketchup, sauces, jams, tinned fruits, sorbets, beverages, etc. It is also used as a sweetener in tonics and syrups such as vitamin tonics and cough syrups. Owing to this, the market is expected to reach a volume of nearly 4 Million by 2022.

The market has been segmented on a regional basis including the United States, Europe, China and Asia-Pacific (excluding China). Amongst these, China represents the largest market for corn glucose, accounting for the majority of the global shares. An evaluation of the competitive landscape is also provided, along with the details of the major players operating in the market. Some of the key players are Global Sweeteners Holding Ltd., Roquette Freres, Cargill Inc., Ingredion Inc., Archer Daniels Midland, etc.

The report provides a comprehensive analysis for setting up a corn glucose manufacturing plant. The study covers all the requisite aspects of the corn glucose 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 corn glucose industry in any manner.

The report by IMARC Group has analysed the global corn glucose market on the basis of:

Key Regions:

• China
• United States
• Europe
• Asia-Pacific (Excluding China)

Key Player:

• Global Sweeteners Holding Ltd.
• Roquette Freres.
• Cargill Inc.
• Ingredion Inc.
• Archer Daniels Midland

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Global Dark Chocolate Market Share, Size and Forecast 2017-2022

The global dark chocolate market has witnessed a positive growth in recent years, owing to its various health benefits such as lowering the risk of heart disease, prevention of cancer, raising good cholesterol and lowering blood pressure, sugar and body mass index, etc.

The recent report by IMARC Group titled, “Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global dark chocolate market reached  a value of around US$ 40 Billion in 2016, growing at a CAGR of around 8% during 2009-2016. Dark chocolate, also known as bittersweet or semi-sweet chocolate, is a form of chocolate which is made from cocoa butter instead of other fats such as palm and coconut oil. The basic ingredients used in the production of dark chocolate are sugar, cacao beans, emulsifiers and flavourings. It contains a very high percentage of cocoa solids, antioxidants and is relatively low in sugar. Dark chocolate carries an intense and rich flavour, and is an excellent source of flavonoids which contribute to its pigment. It is also a healthier alternative to other types of chocolates, such as milk chocolate. Dark chocolate is used in the manufacturing of a number of products such as candies, chocolate bars and baking chocolate.

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Highlights of the global dark chocolate market:

• The changes in consumer preferences, increasing urbanization and easy availability are some of the demand driving factors.
• The market is segmented on the basis of distribution channels such as super and hyper markets, convenience stores and non-grocery retailers.
• Western Europe accounts for the largest share of the total global dark chocolate.

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Dark chocolate is high in vitamins and minerals, and is an antioxidant rich super-food. Studies also show that dark chocolate provides various health benefits such as it protects from disease-causing free radicals, lowers the risk of heart diseases, and prevents cancer. It also raises good cholesterol and lowers blood pressure, sugar and body mass index. Dark chocolate protects the brain from age-related stress and inflammation.

Owing to the health benefits and the consequent changes in consumer preferences, there has been a shift from other confectionary products to dark chocolate over the last couple of decades. Furthermore, an increase in the purchasing power of consumers along with the rising urbanization rate and easy availability are some of the other factors that are driving the dark chocolate market. However, the high prices of raw materials and unstable economies in the cocoa producing markets are the major restraints for the chocolate market. According to the report, the global dark chocolate market is further expected to grow, reaching a value of more than US$ 56 Billion by 2022.

The report has analysed the global dark chocolate market on the basis of distribution channels covering super and hyper markets, convenience stores and non-grocery retailers. On the basis of region, Western Europe accounts for the largest share of the total global dark chocolate, with Switzerland being the largest consumer in the region. Other major regions include North America, Eastern Europe, Asia, Latin America, Middle East and Africa, and Australasia.

The report has examined the global dark chocolate market on the basis of:

Distribution Channel:

• Super and hyper markets
• Convenience stores
• Non-grocery retailers

Region:

• Western Europe
• North America
• Eastern Europe
• Asia
• Latin America
• Middle East and Africa
• Australasia

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Global Bakery Products Market Share, Size , Price Trends and Forecast 2017-2022

Bakery Products are becoming an indispensable part of several formal and non-formal occasions which has provided strong impetus to the global bakery products market. Furthermore, the introduction of new products to capture the emerging markets has also contributed to the market growth.

The latest report by IMARC Group titled, “Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, gives an in-depth analysis of the global bakery products market. The market is witnessing a significant demand for these products due to various key factors. The increasing demand of bakery products for formal and informal occasions., increasing disposable income and innovation in recipes, shapes, tastes, sizes, flavours, etc. are all contributing to the rising popularity. Influenced by the health concerns, consumers are preferring products which are organic and free from additives, besides being mouth-relishing. As a result of this, the companies are innovating in the areas concerning the nutrition content in the bakery products.

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Highlights of global bakery products market:

• Bread and biscuit are the most widely consumed bakery products.
• Manufacturers are introducing new varieties of products to capture the emerging markets.
• Asia-Pacific represents the largest market for bakery products.

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The report has bifurcated the market into two categories – bakery bread and bakery biscuits. Keeping in mind various consumer-driven demands, a whole new range of products are making their way into the market. Different varieties of bread such as whole-grain bread, bread rich in fibre content, brown- and white-bread, rye bread, etc. are widely available in the global market. Similarly, biscuits with different flavours like chocolate biscuits, cream-filled biscuits, wafer biscuits, butter-based cookies, and plain cookies are provided by the companies working in the industry to satiate the changing demands of the consumers. The report finds that the market for the bakery bread has recorded a CAGR of 1.4% during 2009-2016, reaching a volume of 136 Million Tons in 2016. On the other hand, the bakery biscuits industry, has grown at a rate of 2.9% during 2009-2016, reaching a volume of 12 Million Tons in 2016.

The market for bakery products is segmented on a regional basis. Asia-Pacific, Europe, North America and Middle East & Africa are the major markets for bakery products. Amongst these, Asia-Pacific represents the largest market for bakery products. An analysis of the competitive landscape of the market along with details of the key players operative in the market is also provided. Some of the major players include Grupo Bimbo, Finsbury Food Group, Flower Foods, Hostess Brands, McKee Foods and Yamazaki Baking.

The report by IMARC Group has examined the global bakery products market on the basis of:

Product Type:

• Bread
• Biscuit

Major Regions:

• Asia-Pacific
•   Europe
•   North America
•   Middle East & Africa

Key Players:

• Grupo Bimbo
•   Finsbury Food Group
•   Flower Foods
•   Hostess Brands
•   McKee Foods
•   Yamazaki Baking

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Global Tartaric Acid Market Share, Size, Price Trends and Forecast 2017-2022

The global tartaric acid market has witnessed a healthy growth in the past few years. This can be attributed to its myriad applications and the increasing popularity of packaged foods, where tartaric acid is a key ingredient.

The latest report by IMARC Group titled, “Tartaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global tartaric acid market reached a value of more than US$ 230 Million in 2016, growing at a CAGR of nearly 6% during 2009-2016. Tartaric acid is a naturally occurring substance and is mostly found in fruits such as grapes, apricots, apples, bananas, avocados and tamarinds. It can also be produced synthetically from maleic anhydride. It acts as an acidulant, leavening agent and displays anti-inflammatory, anti-oxidant, anti-microbial and anti-caking properties. In addition, tartaric acid offers several health benefits as it helps in boosting the immune system, maintaining digestive health, lowering glucose levels, improving intestinal functions and promoting overall wellness. Owing to the aforementioned properties, tartaric acid finds wide applications across numerous industries.

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Highlights of the global tartaric acid market:

• The heightened demand for tartaric acid in the food and beverage industry remains the major growth inducing factor.
• Increasing popularity of wine is expected to boost the demand for tartaric acid globally.
• Europe represents the largest market for tartaric acid.

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The market is primarily driven by its diverse applications, majorly in the food and beverage industry. Packaged items such as pickles, jams, jellies, soft drinks, fruit juice, etc. consist tartaric acid where it is used as a preservative and additive. It also plays a major role in the bread making process where it acts as an emulsifier. Increasing popularity of such convenience food products due to busy lifestyles is facilitating the market growth. Tartaric acid is also used in fermentation during the production of wine, consumption of which has lately increased in the emerging markets, particularly Asia. Due to the growth of the wine industry, the demand for tartaric acid is anticipated to rise in the near future. Some of its industrial applications include the manufacturing of ceramics, textile printing, tanning, photography, etc., which are further stimulating its demand. According to the report, the market is expected to reach a value of US$ 330 Million by 2022.

Based on application, the food and beverage industry accounts for the majority of the market share. On evaluating the major regions, Europe represents the largest market. Other regions include the United States, Middle East/Africa, China, and Central/South America. An analysis of the competitive landscape finds that Caviro, Changmao Biochemical Engineering Company Ltd., Hangzhou Bioking Chemical Engineering Company Ltd., Industrias Vinicas, and Legre Mante are the key players operative in the market.

The report by IMARC Group has examined the global tartaric acid market on the basis of:

Application:

•     Food and Beverages Applications
•     Non-Food Applications

Region:

•     Europe
•     USA
•     Middle East/Africa
•     China
•     Central/South America

Key player:

•     Caviro
•     Changmao Biochemical Engineering Company Ltd.
•     Hangzhou Bioking Chemical Engineering Company Ltd.
•     Industrias Vinicas
•     Legre Mante

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Global Frozen Fruits and Vegetables Market Share, Size, Growth and Forecast 2017-2022

The global frozen fruits and vegetables market has witnessed a healthy growth over the past few years. Some of the major driving factors include urbanisation, technological advancements, ease of storage and convenience as well as a strong demand in the food industry.

IMARC Group’s latest report, titled “Frozen Fruits and Vegetables Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global frozen fruits and vegetables market reached a volume of nearly 24 Million Tons in 2016, growing at a CAGR of 6% during 2009-2016. Frozen fruits and vegetables are currently gaining popularity worldwide as they provide ease of preparation, storage and convenience to the consumers. The freezing process helps in slowing down the microbial growth as well as delays chemical and cellular metabolic reactions. This preserves the quality of the fruits and vegetables for long storage periods, and also retains their taste, texture, colour and nutrients.

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Highlights of the Global Frozen Fruits and Vegetables Market:

• A strong demand from the flourishing food industry represents the primary growth driving factor.
• In terms of consumption, frozen vegetables account for the majority of the market share.
• Europe and North America represent the leading markets.

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The thriving food industry requires a steady supply of seasonal fruits and vegetables throughout the year. This acts as a major driver inciting the growth of the global frozen fruits and vegetables market. The trend of clean eating coupled with rising awareness about the nutritional value of frozen fruits and vegetables have also contributed to the market growth. Furthermore, technological advancements along with improving cold storage chains in the developing regions have resulted in a systematic supply network of frozen fruits and vegetables. Some of the other growth inducing factors include urbanisation, increasing disposable incomes, fast-paced lifestyles of the consumers and aggressive marketing by the manufacturers. According to the report, the market is further expected to reach a volume of around 30 Million Tons by 2022.

Currently, the market is dominated by frozen vegetables, accounting for the majority of the total share. Within this segment, frozen potatoes and frozen mixed vegetables hold a half of the market share. On the basis of region, Europe and North America represent the largest markets, together accounting for nearly two-thirds of the total global market share. The other major markets include Latin America, Asia-Pacific, and Middle East and Africa. Some of the key players operating in the market are Dole Food Company, Inc., Ardo NV, HJ Heinz, Simplot Australia Pty. Ltd. and General Mills.

The report has examined the global frozen fruits and vegetables market on the basis of:

Frozen Fruits and Vegetables:

• Frozen vegetables
• Frozen fruits

Region:

• Europe
• North America
• Latin America
• Asia-Pacific
• Middle East and Africa

Major Manufacturers:

• Dole Food Company, Inc.
• Ardo NV
• HJ Heinz
• Simplot Australia Pty. Ltd.
• General Mills

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Cream Market in India Size, Share, Price Trends, Forcast 2017-2022

The cream market in India has witnessed a remarkable growth in recent years. Some of the factors which have contributed in influencing the growth of the market are diversified applications of cream, increasing disposable incomes, western influence, expanding channels of distribution, etc.

The latest report by IMARC Group titled, “Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021”, critically examines the cream market in India. According to the report, the market reached a value of around INR XX Billion in 2016, exhibiting a CAGR of 13% during 2010-2016. Cream is a dairy product which provides a smooth texture and consistency to food products. The cream available in the commercial market is sterilized at high temperature and packed aseptically to extend its shelf-life and prevent it from spoilage. Apart from this, different grades of cream, varying in fat-content are also available to be used for various purposes, for instance as a topping, or as a blend.

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Highlights of the cream market in India:

• The demand for cream in India is accelerated by increasing applications in the food and beverage industry.
• Maharashtra represents the largest market, accounting for the majority of the share.
• The market is expected to reach a value of INR 6 Billion by 2021.

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There are various growth-inducing factors which are driving the cream market in India. The major factor which has contributed in advancing the demand for cream among the consumers is its diverse applications. In India, cream is widely being used in several food and beverages products, such as tea, coffee, milkshakes, soups, sauces, eggnogs, pies, etc. Some of the other factors driving the growth of the market are increasing disposable income, western influence, expanding channels of distribution, changing dietary patterns, etc. Owing to these factors, the market is further expected to reach a value of INR 6 Billion by 2021, growing at a CAGR of XX% during 2017-2021.

The report has evaluated the market across fifteen major states of India, along with providing a thorough analysis of the current and historical value and volume trends, and market forecast. At present, Maharashtra represents the largest market, accounting for nearly XX% of the total share. Maharashtra is followed by Gujarat and Delhi. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are GCMMF, Mother Dairy and Parag Milk Foods.

The study gives an in-depth analysis of the cream market landscape in India, covering the current, historical and future trends for cream production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian cream market along with breakup by region and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. 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 Indian cream market in any manner.

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Global Crunchy Chocolate Market Share, Size, Price Trends and Forecast 2017-2022

The global crunchy chocolate market has witnessed a healthy growth over the past few years. Some of the major driving factors include product premiumisation, thriving fast-food industry and expanding distribution channels.

IMARC Group’s latest report, titled “Crunchy Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global crunchy chocolate market reached a value of more than US$ 2 Billion in 2016, growing at a CAGR of around 7% during 2009-2016. Crunchy chocolate refers to thin, flat and crispy wafer bars that are coated with chocolate. At times, nuts, dried fruits and cereals are also added to enhance its flavour. The popularity of crunchy chocolates has resulted in the manufacturing of organic chocolate, vegan gluten-free chocolate and energy bars for the health-conscious consumers.

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Highlights of the Global Crunchy Chocolate Market:

• Expanding distribution channels and thriving fast-food industry are the primary growth driving factors.
• Western Europe holds the majority of the global share, representing the largest market.
• The market is further expected to reach a value of more than 3 Billion by 2022.

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The global crunchy chocolate market has numerous factors stimulating its growth. A large population has a personal preference for crunchy chocolates, resulting in its augmented demand. In addition, product innovations have added to the popularity of crunchy chocolates as they are now used to outline pie crusts and consumed as a side food item with beverages such as coffee and smoothies. Some of the other growth inducing factors are increasing disposable incomes, premiumisation of product, thriving fast-food industry, expanding distribution channels, rising urbanization rates and easy availability. According to the report, the market is further expected to reach a value of more than 3 Billion by 2022.

The market has been segmented on the basis of distribution channels, covering super and hyper markets, convenience stores and non-grocery retailers. On the basis of region, Western Europe represents the largest market for crunchy chocolates, accounting for nearly a third of the total share. The other major markets include North America, Eastern Europe, Asia, Latin America, Middle East and Africa and Australasia.

The report has examined the global crunchy chocolate market on the basis of:

Distribution Channel:

• Super and hyper markets
• Convenience stores
• Non-grocery retailers

Region:

• Western Europe
• North America
• Eastern Europe
• Asia
• Latin America
• Middle East and Africa
• Australasia

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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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US Pet Food Market Share, Size, Price Trends and Forecast 2017-2022

There has been a surge in the pet-adoption rates in the United States in recent years. This has created a strong demand for pet foods which are designed according to the needs of the animals. As a result of this, the sales of pet foods have multiplied in the region.

The latest report by IMARC Group titled, “US Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the US pet food market has grown at a CAGR of 5% during 2009-2016, reaching a value of US$ 24.8 Billion in 2016. Pet food is made with animal grade ingredients which are fit for the consumption of animals. As each animal is different, its nutrition requirement and digestion capacity also varies accordingly. Considering this, pet food companies are introducing pet food products which keep the animals satiated, along with supplying them with essential nutrients. According to the report, the market for pet food in the United States is further expected to exhibit a CAGR of 4.8% during 2017-2022, reaching a value of US$ 32.9 Billion by 2022.

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Highlights of the US pet food market:

• Manufacturers are introducing pet food products to keep the pet animals satiated and healthy.
• A trend in pet-ownership has encouraged the market growth.
• The market is broadly divided into dog food and cat food market.

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Currently, the pet food market in the United States is driven by rise in pet-ownership. Along with this, a trend in pet humanisation has also increased, whereby pets are increasingly cared for according to their own dietary needs, premium foods and human aesthetic standards. This has pushed the demand for pet foods in the region further. Apart from this, the health of the pets, particularly the increasing cases of animal obesity, is also a matter of grave concern for the pet owners. To prevent their pets from the ailments caused by ill-dietary habits, the pet-owners are driven towards buying organic and natural pet food, which is designed specifically following the food and safety parameters. Some of the other factors which have influenced the growth of the market include lifestyle trends, growing urbanization, consumer awareness and an increase in pet population.

The US pet food market is broadly divided into dog food and cat food. As a result of increasing trend of dog-ownership, dog food represents the biggest segment of the US pet food market. Dog food is followed by cat food and others which include bird food, fish food, and small mammal/reptile food. On the basis of product type, the market is segmented as dry pet food, treats and mixers, and wet pet food. An analysis of the competitive landscape provides details of the major players operative in the market. Some of the key players include Nestle Purina Petcare, Mars Petcare Inc., Big Heart Pet Brands, Hill's Pet Nutrition, Diamond Pet Foods and Blue Buffalo.

The report by IMARC Group has examined the US pet food market on the basis of:

Market by Pet Type:

• Dog Food
• Cat Food
• Others

Market by Product Type:

• Dry Pet Food
• Treats and Mixers
• Wet Pet Food 

Key Players:

• Nestlé Purina PetCare
• Mars Petcare Inc.
• Big Heart Pet Brands
• Hill's Pet Nutrition
• Diamond Pet Foods
• Blue Buffalo

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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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Global Soybean Oil Market Share, Size , Price Trends and Forecast 2017-2022

Rich in various fatty acids and vitamins, soybean oil represents a versatile product with numerous applications in both the food and non-food industries. Some of the industrial applications of soybean oil is in the production of animal feed, candles, soaps, biodiesels, industrial lubricants, etc.

A latest report by IMARC Group, titled “Soybean Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global soybean oil market has grown at a CAGR of around 3% during 2009-2016 with the consumption volumes reaching 47 Million Tons in 2016. Soybean oil is extracted from the seeds soybean and represents the second most consumed oil after palm oil. It is rich in a number of fatty acids along with a variety of plant sterols, vitamins and minerals which are good for human health. Some of the several health benefits offered by soybean oil include regulating cholesterol levels and reducing the risk of heart diseases, boosting immunity, improving bone health, preventing and controlling Alzheimer’s disease and protecting the skin cell membranes from infections. Apart from being used for human consumption, soybean oil also finds applications in the production of animal feed. Some other industrial applications of soybean oil include the production of candles, soaps, insecticides, caulks and mastics, bio-composites, biodiesels, cleaners, industrial lubricants, paints, solvents, crayons, inks, hydraulic fluids and foams.

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According to the report, the global soybean oil market is currently being driven by a number of growth inducing factors. The low cost and easy availability of soybean oil along with its numerous health benefits and diverse industrial applications have led to an increase in the demand for soybean oil worldwide. Other market drivers include growing environmental and health concerns, increasing disposable incomes and population growth. As a result, the market is expected to grow steadily during the forecast period.

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The report provides a thorough analysis of the global soybean oil market.  The report has analysed the market on the basis of end-use covering the food, industrial and animal feed sectors. Currently, the food sector accounts for the majority of the total global consumption, followed by industrial and animal feed applications. The industrial sector, on the other hand, represents the fastest growing segment. The report has segmented the market on a geographical basis and finds that China represents both the largest producer and consumer of soybean oil.  In 2016, China accounted for more than a fourth of the total global production and around nearly a third of the total global consumption of soybean oil. Other major producers include Iran, Morocco, Mexico, European Union, India, Argentina, Brazil and the US. The report has further analysed the competitive landscape of the market. Some of the key players covered in the report are CHS, AG Processing Inc., Cargill, ADM and Bunge.

The report provides a detailed roadmap for setting up a soybean oil processing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the essential aspects of the soybean oil market. This ranges from a comprehensive view of the market to minute details 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 soybean oil industry in any manner.

Browse more related reports:

Rice Bran Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Palm Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

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

Tel No: +1-631-791-1145

Email: sales@imarcgroup.com

Website: http://www.imarcgroup.com

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Global Peanut Butter Market Share, Size, Prize Trends and Forecast 2017-2022

The global peanut butter market has witnessed a speedy growth in the recent years. This can be accredited to a number of factors such as rising standard of living, innovation in the food industry, and most importantly the high nutritional value of peanut butter.

According to a report by IMARC Group titled, “Peanut Butter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global peanut butter market has grown at a CAGR of 6% during 2009-2016, with sales reaching a value of US$ 3 Billion in 2016. Presently, the sales of peanut butter are concentrated in the west, especially in the United States and Canada, as the market in these regions has a widerconsumer-base than in the developing countries. However, due to the rising standards of living and changing tastes,peanut butter is slowly paving its way into the developing regions around the world. As a result of these transforming market trends, the market of peanut butter is expected to reach a value US$ 4Billion by 2022.

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Highlights of the global peanut butter market:

• The food and beverage industry represents the largest driver for the growth of the market.
• Creamy peanut butter dominates the market, representing the most popular type of peanut butter.
• North America is the largest region, accounting for the majority of the market share.

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Peanut butter is used for wide ranging applications in the food and beverage industry, which forms the primary driving factor for its demand. As a consequence of growing health awareness, consumers seek out food options which are rich in nutritional value. As a result, the demand for peanut butter is gaining momentum due to its low caloric value and high nutrition content. Moreover, it can also be used as a substitute for milk butter. Peanut butter is used in combination with a variety of food products as spread and in breakfast foods, savoury sauces, smoothies and innumerable bakery products. Other factors which are contributing to the growth of the global peanut butter market are increasing disposable income, evolving tastes, innovation in the food and beverage industry, and introduction of new blends and flavours.

The report has segmented the market on the basis of product type, which include creamy peanut butter, natural peanut butter, crunchy/chunky peanut butter, honey roasted peanut butter and reduced fat peanut butter. Currently, creamy peanut butter holds the largest market share. Furthermore, the report has analysed the key regions and finds that North America represents the biggest market for peanut butter. It is followed by Europe and Asia Pacific. Apart from this, an evaluation of the competitive landscape is also given. Some of the key players included in the report are J.M. Smucker Co., ConAgra Foods Inc. and Hormel Foods. Amongst these, J.M. Smucker represents the largest manufacturerof peanut butter.

This report provides a detailed roadmap for setting up a peanut butter manufacturing plant. The study covers all the essential aspects of the peanut butter 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 have any kind of stake or are planning to foray into the peanut butter industry in any manner.

The report has examined the global peanut butter market on the basis of:

Type:

• Creamy Peanut Butter
• Crunchy Peanut Butter
• Natural Peanut Butter
• Fat Reduced Peanut Butter
• Honey Fat Peanut Butter

Region:

• Asia
• North America
• Europe
• Others

Major Manufacturers:

• J.M. Smucker Co.
• ConAgra Foods Inc.
• Hormel Foods

Browse more related reports:

Table Butter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

Organic Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022

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 No: +1-631-791-1145

Email: sales@imarcgroup.com

Website: http://www.imarcgroup.com

Follow us on twitter: @imarcglobal