Global Potato Starch Market 2017: Region Wise Analysis of Top Players in Market By Types and Application

The global potato starch market has witnessed a stable growth over the past several years. This can be accredited to the rising demand for potato starch from the flourishing food and beverage industry and expansion in other industries such as paper, pharmaceutical, and textile industries.

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According to the latest report by IMARC Group, titled “Potato Starch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global potato starch market reached a volume of 3.5 Million Tons in 2016. Potato is one of the most popular feedstock used for starch production. The starch is obtained by crushing the potatoes which release starch grains from the cells which is then washed off and dried to obtain the final product. Potato starch has a neutral taste, high binding strength and a minimal tendency of foaming or yellowing the solution. It also acts as a thickener and lends a light, fluffy texture to the baked goods. Moreover, potato starch offers health benefits such as reducing the absorption of toxic compounds, increasing the synthesis of calcium and magnesium, and lowering blood sugar levels. Owing to these properties, it is extensively used in several food products such as noodles, wine gums, cocktail nuts, potato chips, hot dog sausages, bakery cream, and instant soups and sauces.

Highlights of the global potato starch market:

• The thriving food and beverage industry remains the key growth inducing factor.
• Food segment is the biggest application area, holding two-thirds of the total market.
• Europe represents the leading market for potato starch, accounting for more than a half of the global share.

The growth of the food and beverage industry, on account of rising disposable incomes and rapid urbanization, has resulted in an augmented demand for potato starch. Apart from this, the market is also driven by the varied applications of potato starch in the paper, textile, adhesive, chemical and pharmaceutical industries. Another factor that has contributed to the market growth is the easy availability of raw materials as potatoes are one of the most largely grown vegetables all around the world. However, despite the presence of numerous forces, the market faces some challenges as well. Storage losses of potatoes along with availability of substitutes is a major restraint of the market. According to the report, the market is anticipated to reach a volume of 4.2 Million Tons by 2022, growing at a CAGR of nearly 3% during 2017-2022.

The market has been segmented on the basis of key applications including food and industrial sectors. Currently, the food sector is the largest application area, accounting for two-thirds of the total share. The market is also segmented on a regional basis, covering Europe, Asia Pacific, North America, Latin America, and Middle East and Africa. Amongst these, Europe represents the largest market, holding more than a half of the total share. On analyzing the competitive landscape of the market, it is found that AVEBE, Emsland Starke, Roquette, KMC and Sudstarke are the key players operative in the market.

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The report by IMARC Group has examined the global potato starch market on the basis of:

Application:

• Food sector
• Industrial sector

Region:

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

Key Players:

• AVEBE
• Emsland Starke
• Roquette
• KMC
• Sudstarke

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Global Casein Market 2017 - Lactalis, Fronterra, FrieslandCampina, Savencia Fromage & Dairy

The global casein market has witnessed a moderate growth over the past few years. Some of the major driving factors include flourishing food industry, diverse applications and rising health-consciousness among the consumers.

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The latest report by IMARC Group, titled “Casein Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global casein market has grown at a CAGR of around 4% during 2009-2016, and reaching a volume of 315 Thousand Tons in 2016. Casein is one of the vital proteins abundantly found in cow’s milk. It comprises of several nutrients such as calcium, carbohydrates, phosphorous and almost all the essential amino acids required by a human body. It can also be produced synthetically from skimmed milk with the help of rennet or acid precipitation. Casein finds numerous applications in the food sector as it helps in enhancing the texture, flavour and colour of the food. It is used in the production of cheese, yoghurt, bakery products, sauces, ice-creams, soups, etc. Some of the other applications of casein are found in the cosmetics, animal feed, plastic and fibre, pharmaceuticals, adhesives, paints and dental industries.

Highlights of the global casein market:

• Applications of casein in the food industry represent one of the primary growth-inducing factors.
• On the basis of product type, rennet casein dominates the global market.
• Europe represents the largest producer of casein, accounting for more than a half of the total market share.

One of the primary factors driving the casein market is growing health awareness and the prevalent fitness trend among the consumers. Owing to this, there has been an increase in the demand for value-added products, protein supplements, nutritional bars, health drinks, etc. Moreover, due to the flourishing food industry, demand for milk products such as cheese, yoghurt and butter has risen, in turn, boosting the growth of the market. Owing to its water absorption capacity, melting properties, texturing capacity, good emulsification and adhesive properties, casein finds diverse applications in a wide range of industries. Other factors stimulating the market growth are easy transportation, long shelf-life, surging incomes and hectic lifestyle. According to the report, the market is further projected to reach a volume of around 395 Thousand Tons by 2022.

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The market has been segmented on the basis of type, where rennet casein accounts for the majority of the total global consumption followed by acid casein. On the basis of end-use, food applications dominate the casein consumption, accounting for the majority of the market share. They are followed by non-food applications. Region-wise, Europe represents the largest producer, accounting for around a half of the total global share. The other major markets are Oceania, Asia and North America. On analysing the competitive landscape, it is found that the key players are Lactalis, Fronterra, FrieslandCampina, and Savencia Fromage & Dairy.

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Global Frozen Finger Chips Market 2017 - McCain, JR Simplot, Lamb-Weston, Aviko, Farm Frites

The global frozen finger chips market has witnessed a moderate growth over the past several years. Owing to its convenience along with western influence and rising disposable incomes, frozen finger chips have become a popular snack in the emerging regions such as India and China.

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According to IMARC Group’s latest report, titled “Frozen Finger Chips (Frozen French Fries) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global frozen finger chips market reached a value of US$ 19 Billion in 2016, growing at a CAGR of nearly 4% during 2009-2016. One of the most popular snack foods globally, frozen finger chips or frozen French fries are often offered as side dishes in a large number of fast-food restaurants. They are also consumed as a quick snack in households since they are faster to prepare, require less labour and absorb less oil while providing a consistent quality and taste.

Highlights of the global frozen finger chips market:

• Increasing number of fast-food chains across the globe remains the key driving factor.
• Food service is the major end-use sector of frozen finger chips.
• Europe represents the largest market, accounting for nearly a third of the total share.

Expansion of the fast-food chains, particularly in the emerging regions, such as China and India, is the key growth inducing factor for the global frozen finger chips market. Additionally, rapid urbanisation and rising disposable incomes, coupled with westernisation in these regions have highly influenced market growth. Another major factor catalysing the market is the convenience offered by frozen finger chips. Majorly popular amongst the youngsters, frozen finger chips are easy to cook, readily available and can be consumed on-the-go. With a rise in health-conscious consumers, the manufacturers have added products with reduced fat, cholesterol and calorie content, fortified with healthy ingredients, etc. in their product line, thereby, widening the demand for frozen finger chips. Moreover, a large variety of flavours, shapes and sizes of frozen finger chips have been added in the product range over the years. Owing to the aforementioned factors, market is further expected to reach a value of more than US$ 23 Billion by 2022.

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On the basis of end-use, the market has been segmented into the food service and retail sector, wherein the food service sector dominates the market. Region-wise, Europe represents the largest market since frozen finger chips form an important part of the local cuisine and are widely consumed as side dishes or snacks with various condiments. The other major regions include Asia Pacific, North America, Latin America, and Middle East and Africa. On evaluating the competitive landscape of the market, it is found that McCain, JR Simplot, Lamb-Weston, Aviko and Farm Frites are the key players operative in it.

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Global Banana Powder Market Overview 2017: Growth, Demand and Forecast Research Report to 2022

The global banana powder market has experienced a healthy growth in the past few years. The major factors driving the growth of the market are its diverse applications in different industries such as food, cosmetic and pharmaceutical.

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The latest report by IMARC Group, titled “Banana Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global banana powder market reached a volume of 222 Thousand Tons in 2016, exhibiting a CAGR of 7% during 2009-2016. Banana powder is made from processed bananas by using a colloid mill. Processing of bananas into powder increases their shelf life and reduces the transportation cost for export and import purposes. Banana is the primary source of various nutrients such as vitamin C, magnesium, antioxidants and carbohydrates. Owing to this, banana powder finds applications in diverse sectors such as food, pharmaceutical, cosmetic and animal feed. As it also helps babies to gain weight, banana powder is extensively used in the production of baby foods.

Highlights of the global banana powder market:

• Diverse applications of banana powder in different industries have contributed to the market growth.
• Based on end-use, the food industry dominates the market, holding the majority of the total consumption.
• The market is anticipated to reach a volume of 298 Thousand Tons by 2022.

Banana powder has various uses in both the food and non-food industries. Currently, the food industry represents the largest consumer of banana powder where it finds application in several food products such as cold food, instant food, seasonings, infant food, solid beverages, puffed food, cakes, etc. The flourishing food industry is majorly driving the growth of the market. Further, banana powder is used in the animal feed industry for cattle, shrimp, fish, pig and pet food. It is also used in the pharmaceutical sector owing to its several health-benefits. It can be used in the treatment of intestinal disorders, indigestion, depression, and helps in strengthening bones, vision improvement, regulating blood pressure, etc. Further, banana powder has moisturizing properties, thus it is used in the production of cosmetic products. Owing to these factors, the market is further expected to reach a volume of 298 Thousand Tons by 2022.

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The market has been segregated on the basis of region. It has been found that although bananas are produced worldwide, the exports and imports are concentrated within a few countries. The leading exporting regions of bananas include Costa Rica, Ecuador, Guatemala, Philippines and Colombia which account for the majority of the total exports. Apart from this, the market has been further segmented on the basis of end-use. At present, the food industry is the leading consumer of banana powder, accounting for the majority of the total global consumption. It is followed by feed industry and others. On analysing the competitive landscape of the market, the key players found are Del Mote, Chiquita, Noboa, Dole and Fyffes.

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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 Mayonnaise Market Overview 2017, Demand by Regions, Types and Analysis of Key Players

The global mayonnaise market has witnessed a healthy growth over the past several years. This can be accredited to the rising applications of mayonnaise, product variations, influence of Western cuisines and the thriving food service sector.

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According to IMARC Group’s latest report, titled “Mayonnaise Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global mayonnaise market reached a value of more than US$ 9 Billion in 2016. Belonging to Spanish-French origin, mayonnaise is a type of thick and creamy cold sauce, which finds extensive applications as an accompaniment in the food industry. It is composed of whipped mixture of vegetable oil, egg yolks, salt, sugar, vinegar and spices, wherein egg yolk acts as the emulsifying agent. The authentic mayonnaise cannot be produced without eggs, however, to cater the vegan consumers, eggless mayonnaise has become highly popular in the market over the years.

Highlights of the global mayonnaise market:

• Diverse applications in culinary preparations represent the key growth inducing factor.
• Unflavored mayonnaise is the most popular product type, holding the majority of the shares.
• North America is the leading market, accounting for the largest share.

The market is driven by the trend of using sauces and spreads, specially mayonnaise, in numerous appetizer and main course preparations such as salads, breads, bagels, potatoes, sandwiches and burgers as well as to create other flavored sauces by adding herbs and ketchup. Moreover, changing consumer preferences have resulted in an inclination towards sophisticated and exotic tastes, thereby increasing the demand for mayonnaise globally. The thriving food service sector and growing popularity of fast food chains have positively influenced this trend. Some of the other factors that have contributed to the market growth are rising disposable incomes, growing popularity of Mexican and Latin American style food and introduction of healthier varieties of mayonnaise in the market. Owing to the above-mentioned forces, the market is anticipated to reach a value of around US$ 12 Billion by 2022, exhibiting a CAGR of around 4.5% during 2017-2022.

The market has been segmented on the basis of product type as unflavored mayonnaise and flavored mayonnaise. Amongst these, unflavored mayonnaise dominates the market. Based on end-use, the market is categorized into institutional and retail sectors. The market is further segmented on the basis of distribution channels, wherein supermarkets and hypermarkets represent the biggest segment. Other major distribution channels include convenience stores, online retailers and speciality stores. Region-wise, North America accounts for the majority of the total share, followed by Europe and Asia Pacific. Other major regions include the Middle East and Africa, and Latin America. On analyzing the competitive landscape of the market, it is found that some of the key global players are Nestlé, Ajinomoto, McCormick, Kraft Heinz and Unilever.

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

Product type:

• Unflavored Mayonnaise
• Flavored Mayonnaise

End-Use:

• Institutional sector
• Retail sector

Distribution channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Retailers
• Speciality Stores

Region:

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

Key players:

• Nestlé
• Ajinomoto
• McCormick
• Kraft Heinz
• Unilever

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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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